Search found 2921 matches

by Wiggums
Wed Sep 23, 2020 9:04 pm
Forum: Personal Investments
Topic: How Many Brokerage Companies Are Too Many?
Replies: 45
Views: 2799

Re: How Many Brokerage Companies Are Too Many?

I have three brokerage accounts, because the company switched 401k vendors three times!
by Wiggums
Mon Sep 21, 2020 9:16 am
Forum: Personal Investments
Topic: I-bonds and the interest treatment......
Replies: 8
Views: 913

Re: I-bonds and the interest treatment......

I can can relate to your dilemma and I have stuck with my usual approach to not pay taxes until necessary. I’m looking at a very sizable tax on I-Bond interest income beginning in 2030 but I’m not about to accrue the interest income and begin to pay the tax now. For all I know, the income could be ...
by Wiggums
Mon Sep 21, 2020 9:00 am
Forum: Personal Investments
Topic: My four fund portfolio
Replies: 10
Views: 1031

Re: My four fund portfolio

Hi there, I'm Ben, 31. I just opened an investments account and wanted to share and hear some feedbacks - VTI - 43% VEU - 27% BND - 15% TIP - 15% My goal is to generate passive income so that I will have the option to take a quarterly profit (does it even make sense?) What do you think? There is an...
by Wiggums
Mon Sep 21, 2020 8:46 am
Forum: Personal Investments
Topic: Where do you invest your bond allocation?
Replies: 8
Views: 1129

Re: Where do you invest your bond allocation?

This is the guideline that I follow. Keep in mind that there’s no perfect portfolio. Quite often, I do the best I can With respect to tax efficiency.

https://www.bogleheads.org/wiki/Tax-eff ... _placement
by Wiggums
Sat Sep 19, 2020 9:08 pm
Forum: Personal Investments
Topic: Thoughts about Leveraged ETF's
Replies: 19
Views: 1136

Re: Thoughts about Leveraged ETF's

A leveraged ETF is not for me. Nor will you find me day trading. Time in the market and not logging into my account often has served me well.

My children both have brokerage accounts and they are off to a great start.
by Wiggums
Sat Sep 19, 2020 9:01 pm
Forum: Personal Investments
Topic: Losing Money with Index Funds
Replies: 149
Views: 13690

Re: Losing Money with Index Funds

There should never be a need to cash out all your investments. In retirement, you might have an asset allocation of 40% stock, 40% bonds and 20% cash. Use the cash for expenses and periodically rebalance to 40/40/20. I agree. I will always have some % in equities. Fixed income is just as important ...
by Wiggums
Sat Sep 19, 2020 8:52 pm
Forum: Personal Investments
Topic: Roth IRA funds - where to invest them
Replies: 14
Views: 1014

Re: Roth IRA funds - where to invest them

aurelien75017 wrote: Sat Sep 19, 2020 2:00 pm thank you both.
Also a special thank you to Livesoft, whose VPW method I plan to follow religiously when I am ready to retire! :)
Variable percentage withdrawal (VPW)?
by Wiggums
Sat Sep 19, 2020 8:52 pm
Forum: Personal Investments
Topic: Roth IRA funds - where to invest them
Replies: 14
Views: 1014

Re: Roth IRA funds - where to invest them

aurelien75017 wrote: Sat Sep 19, 2020 2:00 pm thank you both.
Also a special thank you to Livesoft, whose VPW method I plan to follow religiously when I am ready to retire! :)
Variable percentage withdrawal (VPW)?
by Wiggums
Sat Sep 19, 2020 8:47 pm
Forum: Personal Investments
Topic: Voyager vs Voyager Select and 4% Rule
Replies: 13
Views: 1477

Re: Voyager vs Voyager Select and 4% Rule

Thanks for the replies, I'll scratch Voyager Select off as a benefit. My expectation is it's more likely for some dips along the way rather than straight up for the next twelve months then a crash. 2-3 fund portfolio sounds right. I'm inclined to go 60/40 or 70/30 stocks to bonds. Cheers There will...
by Wiggums
Fri Sep 18, 2020 1:19 pm
Forum: Personal Investments
Topic: Vanguard Total Stock Market Style box
Replies: 10
Views: 1012

Re: Vanguard Total Stock Market Style box

Hello everyone, is there a way to see the composition of VTI on any given day as between growth/value and large/mid/small? It looks like Morning star’s 9 box shows the allocation as of 7/31/2020 but is there something that tracks it on a daily basis? Or if not VTI then even S&P 500? Thank you. Sinc...
by Wiggums
Fri Sep 18, 2020 1:08 pm
Forum: Personal Investments
Topic: Alternative Investments
Replies: 34
Views: 2765

Re: Alternative Investments

I am not exploring alternatives like gold, real estate, or commodities.

Equities has served me well my entire working like.
My strategy has always been to buy weekly, because I cannot predict the market.

More fiscal support and a vaccine will lessen the headwinds.

I hope this helps.
by Wiggums
Thu Sep 17, 2020 1:27 pm
Forum: Personal Investments
Topic: Received Inheritance After Retirement
Replies: 10
Views: 1563

Re: Received Inheritance After Retirement

Traditionally, many have suggested withdrawing first from taxable accounts, then tax-deferred accounts, and finally Roth accounts where withdrawals are tax-free. The goal is to allow tax-deferred assets to grow longer and faster. Having said that, I think it’s really important to consider the tax im...
by Wiggums
Thu Sep 17, 2020 1:07 pm
Forum: Personal Investments
Topic: Franchises
Replies: 11
Views: 1182

Re: Franchises

Hi all, Sort of random I was curious to see if anyone in this forum has thought about being a franchise owner, or went ahead and made the leap to do so? If so, which company did you go for and why? I'm very early in my career, am currently trying to relearn some Javascript and such for additional s...
by Wiggums
Thu Sep 17, 2020 11:52 am
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 61
Views: 7865

Re: Throwing In The Towel on Portfolio Management

Good luck to you. You are on the right track...
by Wiggums
Thu Sep 17, 2020 11:28 am
Forum: Personal Investments
Topic: Advice: Vanguard funds
Replies: 20
Views: 1811

Re: Advice: Vanguard funds

Looking forward, not back is a good idea. It sounds like you learned from this experience.

An all in one or balance fund might be perfect for you.

It’s best not to logon or watch the markets.

Good luck to you
by Wiggums
Thu Sep 17, 2020 11:04 am
Forum: Personal Finance (Not Investing)
Topic: What one Book to read about personal finance?
Replies: 40
Views: 2462

Re: What one Book to read about personal finance?

https://www.amazon.com/Bogleheads-Guide ... 1119487331

This is another great book which has more detail than the Bernstein IF You Can book which was meant for a younger audience.
by Wiggums
Thu Sep 17, 2020 11:00 am
Forum: Personal Finance (Not Investing)
Topic: What one Book to read about personal finance?
Replies: 40
Views: 2462

Re: What one Book to read about personal finance?

https://www.etf.com/docs/IfYouCan.pdf

This is a quick read to determine if they are interesting in learning more
by Wiggums
Thu Sep 17, 2020 10:55 am
Forum: Personal Investments
Topic: Record date vs. Reinvest ex-dividend date?
Replies: 14
Views: 503

Re: Record date vs. Reinvest ex-dividend date?

Livesoft, I clarify that I understand that now. But I did not until you explained it. Thank you very much (for ALL your time explaining things here). I have many mutual fund shares, acquired over the years, but I haven’t paid close enough attention to noticing something about the dates — I assume y...
by Wiggums
Thu Sep 17, 2020 9:58 am
Forum: Personal Consumer Issues
Topic: Cost of Propane Air Conditioning on House
Replies: 12
Views: 911

Re: Cost of Propane Air Conditioning on House

Solar is still quite expensive, but money is not the only readon to consider clean energy. Having said that, you have to be very careful about the solar contract that you sign if you were not buying the system out right. You must also be very honest with yourself how long you’ll stay in that residen...
by Wiggums
Thu Sep 17, 2020 9:23 am
Forum: Personal Investments
Topic: Personal Investment / Portfolio Advice
Replies: 6
Views: 566

Re: Personal Investment / Portfolio Advice

Welcome to the forum.
by Wiggums
Thu Sep 17, 2020 9:10 am
Forum: Personal Investments
Topic: VG stock all in one?
Replies: 6
Views: 649

Re: VG stock all in one?

VT OR VTWSX
by Wiggums
Thu Sep 17, 2020 9:03 am
Forum: Personal Investments
Topic: Investing with goal of early retirement, help?
Replies: 22
Views: 1317

Re: Investing with goal of early retirement, help?

...Your AA would likely be mostly bonds. That may work for someone who can save a ton of money, but I would not have stopped full-time work at age 50 if my taxable account or overall portfolio had an AA of "mostly bonds." Our taxable account was 100% equities and still is more than 12 years later. ...
by Wiggums
Thu Sep 17, 2020 8:47 am
Forum: Personal Investments
Topic: Record date vs. Reinvest ex-dividend date?
Replies: 14
Views: 503

Re: Record date vs. Reinvest ex-dividend date?

jebmke wrote: Thu Sep 17, 2020 8:43 am The only price that matters is the price used for reinvestment. That would normally be the price on the day the dividend gets reinvested. That price will determine how many shares you will have after the reinvestment.
+1
by Wiggums
Thu Sep 17, 2020 8:22 am
Forum: Personal Investments
Topic: Vanguard Opening Account - The Old School Way
Replies: 13
Views: 997

Re: Vanguard Opening Account - The Old School Way

nix4me wrote: Wed Sep 16, 2020 9:05 pm They are stuck in the 1980s.
I couldn’t add my bank account at fidelity via the online link tool. i had to mail fido a voided check for the back account to get added. I had to provide the voided check if the automated link does not work.
by Wiggums
Thu Sep 17, 2020 8:00 am
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 61
Views: 7865

Re: Target Funds

I can hear the gasps....I know there are better places for the money and better tactics to attain a passive portfolio but this simple low cost solution fits us well. investor.saver1: You will get no "gasps" from me. I think a low-cost target fund, designed by experts, and with the appropriate stock...
by Wiggums
Tue Apr 21, 2020 5:40 pm
Forum: Personal Investments
Topic: FDGRX - Growth Fund vs. SP500
Replies: 51
Views: 3673

Re: FDGRX - Growth Fund vs. SP500

It is a large cap growth fund that is overweight in IT and consumer discretionary with ER of 0.83%. It could outperform since the crisis or not. That ER is way too high for my taste.
by Wiggums
Tue Apr 21, 2020 5:34 pm
Forum: Personal Investments
Topic: Vanguard Digital advisor
Replies: 5
Views: 1125

Re: Vanguard Digital advisor

by Wiggums
Tue Apr 21, 2020 5:26 pm
Forum: Personal Investments
Topic: RDS.A vs. RDS.B – quickie question, please help!
Replies: 6
Views: 504

Re: RDS.A vs. RDS.B – quickie question, please help!

RDS.A is Royal Dutch Shell plc ADR Class A
RDS.B is Royal Dutch Shell plc ADR Class B

The “A” shares have a Dutch source for tax purposes and are subject to Dutch dividend withholding tax (15%), whereas the “B” shares have a UK source for tax purposes and are not subject to any withholding tax.
by Wiggums
Tue Apr 21, 2020 4:57 pm
Forum: Personal Investments
Topic: Accidentally bought put at higher price
Replies: 24
Views: 1964

Re: Accidentally bought put at higher price

I guess I’m less interested in knowing how to end this. What I’m really interested in is the underlying reason why this is possible so I can understand options better. I thought puts means I’m betting the market will go down so how could I purchase a put saying the market will go up? https://www.in...
by Wiggums
Thu Apr 16, 2020 10:20 am
Forum: Personal Investments
Topic: Holding individual stocks is stressing me out
Replies: 18
Views: 1584

Re: Holding individual stocks is stressing me out

If you sell stocks and buy other stocks, your decision is unrelated to what the market does. If the stock market falls, it will take down your old stocks just as much as it takes down the new stocks. There is also a tax reason to sell now. If the market rises and then you want to switch stocks, you...
by Wiggums
Thu Apr 16, 2020 10:15 am
Forum: Personal Investments
Topic: Switched employers--what do I do with retirement accounts?
Replies: 17
Views: 991

Re: Switched employers--what do I do with retirement accounts?

This information has exceeded my expectations! Thank you all very much for your time and assistance. This information has made me think about several variables I was not previously considering. I feel like I understand the variables better, too. Thank you all! The annual administrative fees are ess...
by Wiggums
Thu Apr 16, 2020 10:12 am
Forum: Personal Investments
Topic: Switched employers--what do I do with retirement accounts?
Replies: 17
Views: 991

Re: Switched employers--what do I do with retirement accounts?

+1 to terran’s post. Fidelity as a custodian is miles ahead of Principal in almost all facets: web site ease, costs, customer service, breadth of offerings, etc. You also said the previous employer has a governmental 457 plan, I wouldn’t be so quick to exit it. Non governmental 457 plans are really...
by Wiggums
Thu Apr 16, 2020 10:11 am
Forum: Personal Investments
Topic: I'm 20 and started a job, questions about savings
Replies: 9
Views: 841

Re: I'm 20 and started a job, questions about savings

I am a retired software developer. In this field it would be good to be prepared to be able to retire early even if you plan to work until you are a ripe old age. The problem is that as you get older it will be harder to keep up with the current skills and it is much harder to get new jobs as you g...
by Wiggums
Tue Apr 14, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: What in the world is propping up this market?
Replies: 206
Views: 20965

Re: Is this a market bubble?

The relief rally seems very normal after the big drop that we had. I don’t pay attention when people say that the bad news is priced in. Was it priced when we were down -37 from the highs or is tech priced right up 28% from the lows?? I have no answer for you, so I just buy weekly and ignore the noi...
by Wiggums
Sun Apr 12, 2020 6:45 pm
Forum: Personal Investments
Topic: How should I proceed?
Replies: 13
Views: 1153

Re: How should I proceed?

I remember all those in 1999 and early 2000 who were pronouncing their early retirement filled with beautiful evening sunsets and a pleasant life on the beaches thanks to their prolific Qualcomm, Dell, Cisco, and JDSU stock portfolios. :shock: CyclingDuo I remember those days as well. Never buying ...
by Wiggums
Sun Apr 12, 2020 3:37 pm
Forum: Personal Investments
Topic: What single individual stock would you buy?
Replies: 163
Views: 14922

Re: What single individual stock would you buy?

BroIceCream wrote: Sat Apr 11, 2020 12:21 pm Marriott, MAR
MAR was a great price at $46 a share.

The problem right now is, once you miss a vacation, you don’t take two the following year. They furloughed their folks for 90 days.
by Wiggums
Sun Apr 12, 2020 3:22 pm
Forum: Personal Investments
Topic: Early Pension is tempting me...
Replies: 28
Views: 3356

Re: Early Pension is tempting me...

I didn’t have the option of a lump sum. Our company was acquired and they did not fund the pension trust fund at 100% like the previous employer. That was surprising to me and somewhat scary to me. I personally would rather have the cash and run. Especially if i wanted to leave s legacy. The monthly...
by Wiggums
Sun Apr 12, 2020 2:52 pm
Forum: Personal Investments
Topic: Fidelity In Kind Rollover Issue
Replies: 28
Views: 1412

Re: Fidelity In Kind Rollover Issue

Last week I helped my wife rollover her old Fidelity 401k into a Fidelity IRA. Due to high market volatility, I confirmed multiple times that the transfer would be done in kind and received a yes. Today I noticed a large amount of cash in her IRA rather than the mutual funds owned in the 401k. Afte...
by Wiggums
Sun Apr 12, 2020 2:45 pm
Forum: Personal Investments
Topic: How much cash is too much cash?
Replies: 73
Views: 9106

Re: How much cash is too much cash?

Uncertain times ahead. Thus. . . Cash. . . lot's of cash. . . . And, concurrently, pay down debt. j :happy This is my thought as well. We just lost two incomes and are having a hard time finding unemployment because our state has broken the system. Cash, Cash, Cash. If you aren't impacted by the cu...
by Wiggums
Sun Apr 12, 2020 1:55 pm
Forum: Personal Investments
Topic: Ponzi Scheme?
Replies: 215
Views: 17950

Re: Ponzi Scheme?

I’d be interested in knowing what you decide to do. Hope this story has a happy ending.

Good luck to you...
by Wiggums
Thu Apr 09, 2020 8:28 am
Forum: Personal Investments
Topic: TDA vs Schwab platforms given upcoming merger
Replies: 4
Views: 337

Re: TDA vs Schwab platforms given upcoming merger

I don't know the answer, but I don’t see them converting the TDA accounts and eliminating the website. There will be changes, for sure. For example, procedures, policies, fees, rates, etc.
by Wiggums
Thu Apr 09, 2020 5:47 am
Forum: Personal Finance (Not Investing)
Topic: Is saving $19k/yr worth having roommates? (California Bay Area)
Replies: 71
Views: 5788

Re: How much rent can I afford (California Bay Area)

You could afford rent of $2700 monthly on your income. The primary issue is do you really want to have a place all by yourself? Lots of young professionals thrive on the built-in social circle that roommates provide. Are you a social person or are you an introvert? Do you socialize with people from...
by Wiggums
Thu Apr 09, 2020 5:16 am
Forum: Personal Investments
Topic: [Panicked and moved to cash. What to do next?]
Replies: 106
Views: 13149

Re: I am a Massive Loser

As Bruce Williams used to say, if you've learned something from this then it was worth it. Hope everything works out for you; it will in the long run. Ha ha, 'been a long time since I've heard Bruce Williams cited. Good one. I used to listen to him all the time. Thanks. (I doubt if many out there k...
by Wiggums
Thu Apr 09, 2020 4:51 am
Forum: Personal Investments
Topic: Investment advice for 5-year timeframe
Replies: 16
Views: 1082

Re: Investment advice for 5-year timeframe

I would not put money in the stock market with a five year timeframe and with your requirement not to lose any of the principal.
by Wiggums
Wed Apr 08, 2020 2:51 pm
Forum: Personal Investments
Topic: Is this a good time to invest in 529 plan?
Replies: 21
Views: 1568

Re: Is this a good time to invest in 529 plan?

I like 50% in 529 and the rest in taxable. If you put it all in taxable, you get maximum flexibility, but you will it will get partially taxed st the parents rate as the child gets older. Whatever you decide, put your contribution on auto pilot so that the contributions just happen without you. igno...
by Wiggums
Wed Apr 08, 2020 2:34 pm
Forum: Personal Investments
Topic: Wash sale - two different accounts
Replies: 6
Views: 391

Re: Wash sale - two different accounts

livesoft wrote: Wed Apr 08, 2020 9:57 am That is a wash sale as explicitly defined in IRS Publication 550. If he buys in an IRA (including a Roth IRA), then part or all of the loss realized in his taxable account is permanently disallowed and would give him no tax benefit.
I agree.
by Wiggums
Wed Apr 08, 2020 2:26 pm
Forum: Personal Investments
Topic: What do I do with cash??
Replies: 30
Views: 2506

Re: What do I do with cash??

The rates will be low for awhile. It was nice to get 3+% CDs whike it lasted.
by Wiggums
Wed Apr 08, 2020 9:38 am
Forum: Personal Investments
Topic: How often do you add money to stock market?
Replies: 48
Views: 3564

Re: How often do you add money to stock market?

Hey all, I have entered into the stock market for first time this year because of inheritance. I am 30 and still working with no debts. My question is, how often is it advised to put more money from work into the market? Do you guys try to put an amount in like the first of every month? Once a year...
by Wiggums
Wed Apr 08, 2020 9:36 am
Forum: Personal Investments
Topic: What time of the day is good to buy ETF / Index funds ?
Replies: 22
Views: 1948

Re: What time of the day is good to buy ETF / Index funds ?

The problem is that you don't know which way the market is going to to move. If the market rises Wednesday, it is better to buy on Tuesday than on Wednesday. But if the market falls Wednesday, you want to buy on Tuesday. Since the market rises slightly more than it falls (that is why it goes up in ...
by Wiggums
Wed Apr 08, 2020 9:11 am
Forum: Personal Investments
Topic: Follow Bernstein or Bogle
Replies: 99
Views: 7564

Re: Follow Bernstein or Bogle

I’m 64 and retired, my husband is a dentist hoping to work another 5 years but his office is closed indefinitely due to the pandemic. We have 95k in cash which is probably 4-6 months of expenses. We have no debt and own our home. We have a 500 k HELOC we can dig into for more cash if needed. We pan...