Search found 1038 matches

by Wiggums
Sun Jul 21, 2019 7:55 am
Forum: Personal Investments
Topic: What tilt(s) have you adopted?
Replies: 28
Views: 1517

Re: What tilt(s) have you adopted?

Two VG broad based index funds for me. I like boring now :-)
by Wiggums
Sun Jul 21, 2019 7:51 am
Forum: Personal Investments
Topic: What percentage of Vanguard
Replies: 27
Views: 1754

Re: What percentage of Vanguard

I use Vanguard (70%) and Fidelity (30%). Both are good choices.
by Wiggums
Fri Jul 19, 2019 9:46 am
Forum: Personal Investments
Topic: Vangaurd Money Market Question
Replies: 12
Views: 870

Re: Vangaurd Money Market Question

If the Vanguard MM Fund is not in a tax sheltered retirement account (IRA, 401k, etc), you pay state & Federal taxes on the monthly interest you receive. I believe that the Vanguard MM Fund is about 25%-27% U.S. government securities so that income, 25%-27% of the total interest, would be exempt fr...
by Wiggums
Thu Jul 18, 2019 5:05 pm
Forum: Personal Investments
Topic: 2.5 million to invest for myself[35] and father[70]
Replies: 43
Views: 3837

Re: 2.5 million to invest for myself[35] and father[70]

keenbrass, sometimes it sounds like you are talking about managing his money and your money as one portfolio. Other times, it sounds like you are talking about your father "transferring his money to my accounts" and vice versa. Regarding transferring money, there are laws that govern how much of a ...
by Wiggums
Thu Jul 18, 2019 4:58 pm
Forum: Personal Investments
Topic: This is bad right?? [my investment earnings]
Replies: 40
Views: 3617

Re: This is bad right??

The returns depends on what you were invested in, fees to the FA and expense ratios, etc.
by Wiggums
Thu Jul 18, 2019 4:45 pm
Forum: Personal Investments
Topic: Etrade denies promotion on $1 mil new account
Replies: 61
Views: 6564

Re: Etrade denies promotion on $1 mil new account

In March I received an email promotion from Etrade offering $3000 for a $1 mil new account. Instead of clicking on the email link to open the new account, I went to the Etrade web page for security reasons to open the account. The account was funded a few weeks later. Recently, I contacted Etrade t...
by Wiggums
Wed Jul 17, 2019 4:46 am
Forum: Personal Investments
Topic: Portfolio Review Request
Replies: 16
Views: 1422

Re: Portfolio Review Request

Question for clarification: you are making close to $900k in new annual contributions, including $500k in taxable? And you don't mention what your expenses are. You cannot get an answer to your question about when you could retire without that information. I agree. Knowing your projected expenses i...
by Wiggums
Wed Jul 17, 2019 4:36 am
Forum: Personal Investments
Topic: Edward Jones trap
Replies: 91
Views: 14076

Re: Edward Jones trap

I’d stay out if it unless they ask for help. Some people don’t care about the fees until the market is down for a long period of time. Sometimes they don’t wake up until they are ready to retire...
by Wiggums
Tue Jul 16, 2019 4:29 pm
Forum: Personal Investments
Topic: Help - Talk to me like I'm 4 y/o please
Replies: 90
Views: 7927

Re: Help - Talk to me like I'm 4 y/o please

Thank you Ruralavalon for the very thorough response and thoughts. I agree w/ a lot of what you said. My OP asked to "arm me with information"- and I'm so glad others, including you, gave me ideas on how to approach the conversation. It won't be a debate and I won't plan to justify it, I'm going to...
by Wiggums
Mon Jul 15, 2019 2:56 pm
Forum: Personal Investments
Topic: Old pension plan- take the lump sum or wait for the monthly payout?
Replies: 23
Views: 1892

Re: Old pension plan- take the lump sum or wait for the monthly payout?

Thanks for the additional info. I’d roll over the lump sum payment.
by Wiggums
Mon Jul 15, 2019 2:46 pm
Forum: Personal Investments
Topic: Low cost index fund Vs Mortgage
Replies: 18
Views: 1234

Re: Low cost index fund Vs Mortgage

<t>You are right in not wanting the time the market. The market goes up and down. Even if it dropped a little, is that enough to invest the money? <br/> <br/> There are reasons to pay down the mortgage and reasons to invest. the other contributors raised the pertinent questions. I personally don’t t...
by Wiggums
Mon Jul 15, 2019 2:30 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4716

Re: Phase out EF?

In my accumulation years with 2 kids, college, 4 cars at one time and a stay at home spouse I had a decent cash-cash like allocation. Good thing - wife had serious illness and lost my job at 52 while all this was happening. It was helpful to have a stash of "safe" assets since there was so much els...
by Wiggums
Sun Jul 14, 2019 6:06 pm
Forum: Personal Investments
Topic: Would appreciate thoughts on investing IRA rollover
Replies: 8
Views: 424

Re: Would appreciate thoughts on investing IRA rollover

If you don’t need the money, what about converting it to a Roth instead of putting it in taxable? It results in lower rmds, plus is better for any heirs who might inherit the Roth. I agree with this suggestion. You have a great pension with cola. That’s a nice problem to have. Congratulations! Unfo...
by Wiggums
Sun Jul 14, 2019 5:56 pm
Forum: Personal Investments
Topic: Phase out EF [Emergency Fund]?
Replies: 111
Views: 4716

Re: Phase out EF?

My SIL list her job recently and the economy is doing “great”. At 51, she is still looking for a job after working at the same place for 25 years. So goodbye pension, medical and paycheck for now. Your EF can be in many different forms. Especially if you have a portfolio much larger than your expens...
by Wiggums
Sun Jul 14, 2019 5:13 pm
Forum: Personal Investments
Topic: Switching from passive to active management
Replies: 106
Views: 8014

Re: Switching form passive to active management

Consider a service like Vanguard PAS. It will be much cheaper than the cost of a multi-family office and more trustworthy in my opinion. The downside protection they promise seems untenable. They will either hold more in cash / fixed income when it doesn't make sense or be engaging in some sort of ...
by Wiggums
Sun Jul 14, 2019 5:06 pm
Forum: Personal Investments
Topic: Best bond fund for taxable account to allow more conservative AA
Replies: 8
Views: 748

Re: Best bond fund for taxable account to allow more conservative AA

I use the VBTLX fund. The intermediate fund that was suggested is also good.

100% Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
by Wiggums
Sun Jul 14, 2019 12:53 pm
Forum: Personal Investments
Topic: Vanguard TD funds
Replies: 35
Views: 1999

Re: Vanguard TD funds

I have not held the TDF in 33 years. Nothing wrong with them, but I prefer to hold the funds separately and in the best account type whenever possible.

Good luck to you...
by Wiggums
Sun Jul 14, 2019 12:49 pm
Forum: Personal Investments
Topic: Am I holding too much cash?
Replies: 30
Views: 3828

Re: Am I holding too much cash?

When you get your new baby home - When you decide on whether both parents return to work - When you get college fund planned out - Then you can reassess your cash position. You’re pretty heavy cash right now, and that’s ok. Being heavy cash is not a good long term plan for most young folks, but it’...
by Wiggums
Sun Jul 14, 2019 12:25 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 7175

Re: my mom is a "financial advisor"

Toons wrote:
Sat Jul 13, 2019 3:52 pm
I would stick to,,,,
Hey Mom,
Whats for dinner ?
:mrgreen:
+1 that seems safe enough
by Wiggums
Sat Jul 13, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7232

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

I never went to college until I was 27 and finished up my accounting degree when I was 34. (3.84 GPA) I worked full time and took night classes for seven years. During this time I worked with a lot of CPA's and decided that I didn't want to go the tax or audit route. Yup, they were boring people :h...
by Wiggums
Sat Jul 13, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7232

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

I wonder what it's like to wear a nice suit and tie to work and stay clean all day. I think you should follow your dream. Going back to school will not be easy, but you can do it, if you really want it. I started as a computer programmer and then progressed to cyber security. The pay was better tha...
by Wiggums
Fri Jul 12, 2019 6:03 pm
Forum: Personal Investments
Topic: Engineer to Potato farmer? What are retirement options?
Replies: 11
Views: 1677

Re: Engineer to Potato farmer, retirement options

Term insurance is better than whole life.

How does the farm pay and benefits compare to your current job. They might help you make this decision. As a single earner, you really need a good emergency fund no matter what job you have.
by Wiggums
Fri Jul 12, 2019 5:53 pm
Forum: Personal Investments
Topic: 100% VMNVX [Vanguard Global Minimum Volatility Fund]
Replies: 13
Views: 1477

Re: 100% VMNVX [Vanguard Global Minimum Volatility Fund]

I agree. More information is needed. I would not make that fund my only holding.
by Wiggums
Fri Jul 12, 2019 5:51 pm
Forum: Personal Investments
Topic: Asset Allocation
Replies: 8
Views: 971

Re: Asset Allocation

Tylers recommendation is quite good and the amount of stocks is conservative. It would meet your requirements.

Good luck to you.
by Wiggums
Fri Jul 12, 2019 5:38 pm
Forum: Personal Investments
Topic: What are the chances of AUL Stable Value Account fund looses $$?
Replies: 6
Views: 425

Re: What are the chances of AUL Stable Value Account fund looses $$?

these funds also charge annual fees that cover the cost of the insurance wrappers and are stable in nature, but not guaranteed. Although the chances of losing money in one of the funds is relatively slim, they should not be categorized with CDs, fixed annuities or other instruments that come with an...
by Wiggums
Fri Jul 12, 2019 5:32 pm
Forum: Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 189
Views: 39680

Re: $13 Million Goal for Early Retirement (am I crazy?)

Keep up the good work. Thanks for the update.
by Wiggums
Fri Jul 12, 2019 4:47 pm
Forum: Personal Investments
Topic: Vanguard Interest Accumulation
Replies: 8
Views: 730

Re: Vanguard Interest Accumulation

I think you are asking about the settlement fund interest.

You’ll see the interest posted monthly, but it is calculated on a daily basis.
by Wiggums
Fri Jul 12, 2019 4:38 pm
Forum: Personal Investments
Topic: is Vanguard Flagship service better? (I sure hope so)
Replies: 28
Views: 2834

Re: is Vanguard Flagship service better? (I sure hope so)

I have only called VG to move 401k funds. The flagship services rep redirected my call to a transfer specialist who took care of everything including the forms. I did this three times and never had an issue. I agree, as a Boglehead, I get most of my answers on this forum.
by Wiggums
Thu Jul 11, 2019 2:54 pm
Forum: Personal Investments
Topic: Anyone else have VG phone reps push toward PAS?
Replies: 27
Views: 1972

Re: Anyone else have VG phone reps push toward PAS?

I closed my account at a brick and mortar bank because the interest rate is almost zero. I was asked what the bank was doing wrong. It’s a fair question if the clerk is empowered to resolve the issue. Of course, they do not have this authority. So I closed my account and walked across the parking lo...
by Wiggums
Mon Jul 08, 2019 3:55 pm
Forum: Personal Investments
Topic: Is Total International Stock Market Index in taxable account as tax efficient as the Total Stock Market Index?
Replies: 13
Views: 1705

Re: Is Total International Stock Market Index in taxable account as tax efficient as the Total Stock Market Index?

The dividends for Total Stock Market (TSM) are about 100% qualified and the dividends for Total International Stock Market (TISM) are about 70% qualified. This makes TSM better in taxable at first glance. But, when you add in the Foreign tax credit that evens things out. One year TSM may do a little...
by Wiggums
Mon Jul 08, 2019 3:34 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 4
Views: 408

Re: Portfolio Advice

I stick with boring and it has treated me very well.
by Wiggums
Mon Jul 08, 2019 9:17 am
Forum: Personal Investments
Topic: Vanguard LifeStrategy vs 3 fund portfolio
Replies: 10
Views: 1111

Re: Vanguard LifeStrategy vs 3 fund portfolio

livesoft wrote:
Mon Jul 08, 2019 9:11 am
One can have both. We decided to use LifeStrategy one-fund solutions in small accounts of less than $5,000 each. For larger accounts, we do something different.
That’s an interesting strategy. In does simplify things and it won’t have a big tax impact.
by Wiggums
Sun Jul 07, 2019 8:28 am
Forum: Personal Investments
Topic: Retiree with no retirement accounts
Replies: 34
Views: 4428

Re: Retiree with no retirement accounts

That’s nice of you to help out your relative. You should be commended for your actions. It looks like she can pay her rent now?? Your plan sounds reasonable to me.
by Wiggums
Sat Jul 06, 2019 6:04 pm
Forum: Personal Investments
Topic: 25 years to retirement, advice on speeding up growth?
Replies: 62
Views: 5066

Re: 25 years to retirement, advice on speeding up growth?

Are you making out all your 401k, Roth, etc? That would build up your accounts as well.

How do you think your expenses will be when you retire?

I agree that your emergency fund is quite small. Is working full time an option? A smaller paycheck affects SS and your ability to save more?
by Wiggums
Sat Jul 06, 2019 4:53 pm
Forum: Personal Investments
Topic: Should we invest in an island home?
Replies: 25
Views: 4141

Re: Should we invest in an island home?

Would you rent the Kauai house until you retire?
by Wiggums
Sat Jul 06, 2019 4:50 pm
Forum: Personal Investments
Topic: Anyone here investing in Prison REITs?
Replies: 30
Views: 2687

Re: Anyone here investing in Prison REITs?

I agree with sand trap...
by Wiggums
Sat Jul 06, 2019 1:00 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 4245

Re: Do I need a financial advisor to protect myself from myself?

Sandtrap wrote:
Thu Jun 27, 2019 6:19 pm
You are an excellent candidate for Vanguard VPAS services.
Costs nothing to look into it.
Nothing at all to talk to a Vanguard advisor.
Try it.
You might like it.

Vanguard Personal Advisory Service
https://investor.vanguard.com/advice/personal-advisor
Call 800-992-5541 (Vanguard VPAS).

j :D
+1
by Wiggums
Sat Jul 06, 2019 11:09 am
Forum: Personal Investments
Topic: I'm beside myself about my dad's investment account
Replies: 32
Views: 5439

Re: I'm beside myself about my dad's investment account

I’m sorry to hear about your father. It’s nice that you are able to help him out. I think he would be well served with a conservative portfolio. I do think you need to have some equities to keep up with inflation.

Good luck to you.
by Wiggums
Sat Jul 06, 2019 10:41 am
Forum: Personal Investments
Topic: Does anyone own gold?
Replies: 108
Views: 10961

Re: Does anyone own gold?

bernoulli wrote:
Sat Jul 06, 2019 9:48 am
Not as a form of investment.
Same here
by Wiggums
Sat Jul 06, 2019 8:01 am
Forum: Personal Investments
Topic: $100,000 irrevocable trust
Replies: 12
Views: 1199

Re: $100,000 irrevocable trust

Much more info is needed regarding the trust. Hopefully the OP will respond soon.
by Wiggums
Fri Jul 05, 2019 10:48 am
Forum: Personal Investments
Topic: Noob worried about retiring in 7-10 years! Will I have enough - you decide!
Replies: 32
Views: 3666

Re: Noob worried about retiring in 7-10 years! Will I have enough - you decide!

A lot of good advice above. It’s very important that you accurately project your retirement expenses. I’d immediately start tracking where your money spent. Your retirement savings plan is fine but you really need some luck with respect to your employment, the stock market and perhaps a raise or two.
by Wiggums
Fri Jul 05, 2019 10:02 am
Forum: Personal Investments
Topic: which fund should i choose?
Replies: 15
Views: 1240

Re: which fund should i choose?

I’d pick B, Total Market.
by Wiggums
Thu Jul 04, 2019 5:40 pm
Forum: Personal Investments
Topic: Advice on Transfer from Tax Inefficient to Tax Efficient Funds
Replies: 6
Views: 536

Re: Advice on Transfer from Tax Inefficient to Tax Efficient Funds

Your estimates look good to me. Agree with live soft on reinvestment f
Option. I wouldn’t drag out the selling of shares over several years. I don’t see how that would change anything.
by Wiggums
Thu Jul 04, 2019 5:32 pm
Forum: Personal Investments
Topic: Portfolio Check Up, 33yo
Replies: 9
Views: 1138

Re: Portfolio Check Up, 33yo

Your fund choices look good to me and you got some good feedback above. I don’t have strong feelings on the International and emerging markets.

Good luck to you...
by Wiggums
Thu Jul 04, 2019 5:26 pm
Forum: Personal Investments
Topic: [ETF vs. Mutual Fund questions]
Replies: 53
Views: 1773

Re: which is better schwab or fedelity

I have Vanguard and Fidelity. I don’t think you can go wrong with Schwab if you go that route. I started with Fidelity because my 401k was there and then the company switched to Vanguard. Now our Acquiring company switched us to a black box operation with no tickets, no prospectus and high fees. So ...
by Wiggums
Thu Jul 04, 2019 5:14 pm
Forum: Personal Investments
Topic: Best Options/Strategies for Funding College in 18 years
Replies: 11
Views: 1049

Re: Best Options/Strategies for Funding College in 18 years

I agree with the previous responses. A lot of good suggestions there. We started saving for college when our children were still in diapers. We setup an automated weekly transfers of money for each child into a balanced fund. A balanced fund is not really the best option but that is what we choose. ...
by Wiggums
Thu Jul 04, 2019 4:47 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 6776

Re: Prime Money Market or Total Bond Market

the duration of the bond fund is longer than a money market fund which will have better returns over long periods of time. Right now the rate of return is close but it will not always be that way. I personally would not sell my existing bond fund to switch to a money market fund because I have a lo...
by Wiggums
Thu Jul 04, 2019 4:42 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 6776

Re: Prime Money Market or Total Bond Market

the duration of the bond fund is longer than a money market fund which will have better returns over long periods of time. Right now the rate of return is close but it will not always be that way. I personally would not sell my existing bond fund to switch to a money market fund because I have a lon...
by Wiggums
Thu Jul 04, 2019 10:30 am
Forum: Personal Investments
Topic: understanding pension - advice
Replies: 7
Views: 612

Re: understanding pension - advice

I agree that the pension amount will be a small part of your overall retirement savings. I’m assuming that your savings rate will change when you have children. Perhaps the need for daycare, etc. also, if you retire early, you will need to cover. Medical?