Search found 65 matches

by Randtor
Wed Feb 12, 2020 9:35 pm
Forum: Personal Investments
Topic: Real Estate sale $$: into a Roth IRA, taxable, or..?
Replies: 3
Views: 221

Re: Real Estate sale $$: into a Roth IRA, taxable, or..?

Thank you for the replies. As to my question then it looks like a Roth is out. So I just need to explore all other options for tax purposes, but invest the $$ in a taxable account and know that I will pay capital gains as anticipated.
by Randtor
Wed Feb 12, 2020 9:20 am
Forum: Personal Investments
Topic: Real Estate sale $$: into a Roth IRA, taxable, or..?
Replies: 3
Views: 221

Real Estate sale $$: into a Roth IRA, taxable, or..?

Hi all, I am about to sell my office real estate (I will be "mostly" retired come April!) and will end up with about $600K after taxes, expenses, and assigned "play" money (for DW and myself to spend on fix ups, family, etc) to invest. I will be 69 in March, and I have been converting my portfolio f...
by Randtor
Mon Jan 27, 2020 12:33 am
Forum: US Chapters
Topic: Happy Birthday Taylor! 96 years young!
Replies: 139
Views: 2872

Re: Happy Birthday Taylor! 96 years young!

Oops!a little late to the party but nevertheless, Happy Birthday wishes young man!! I hope you had a great day!
by Randtor
Thu Jan 23, 2020 8:23 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 590
Views: 74663

Re: Jack Bogle - Two Fund Portfolio

columbia wrote:
Thu Jan 23, 2020 7:40 am
60 funds? :shock:
Yep, sad but true. It was so complicated I was sure I would never be able to do this on my own... until I found Bogleheads. What an epiphany! As everyone always says, I wish I had discovered this a decade (or more!) ago.
by Randtor
Thu Jan 23, 2020 7:33 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 590
Views: 74663

Re: Jack Bogle - Two Fund Portfolio

Taylor, thank you for your detailed response. It's unusual in today's world to have folks be so transparent in regards to their financials. That is one reason (among many!) I was so enamored when I found this forum. This past year has been enlightening in regards to my portfolio - I am now totally h...
by Randtor
Wed Jan 22, 2020 4:32 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 590
Views: 74663

Re: Jack Bogle - Two Fund Portfolio

Abuss: I now hold your 2-fund portfolio. My Total Stock Market fund is in my taxable account and my Total Bond Market fund is in my IRA. I sold my Total International fund when I wanted cash. It's lower return resulted in a lower tax than selling my other two funds. I doubt if the loss of my Total ...
by Randtor
Wed Jan 22, 2020 12:33 pm
Forum: Personal Investments
Topic: Getting $2 Million in Cash! What do I do with it?
Replies: 75
Views: 6335

Re: Getting $2 Million in Cash! What do I do with it?

My advice would be to consolidate and simplify. Get rid of all those funds with such high expenses, and likely hidden fees as well. I did just that a year ago, and couldn't be happier. I am still holding too much (some because of tax consequences in a taxable account; others because I am still in "c...
by Randtor
Fri Jan 10, 2020 9:47 am
Forum: Investing - Theory, News & General
Topic: Value of Active and Ongoing Reading of the Bogleheads Forums
Replies: 104
Views: 8917

Re: Value of Active and Ongoing Reading of the Bogleheads Forums

When I found this forum it blew me away. Good people offering good advice to help other people. You just don’t find that so much anymore in this world. I have been on a quest to realign my portfolio since last March, and realign my thinking as well. Even when I get everything the way I want it, I’ll...
by Randtor
Thu Jan 09, 2020 9:26 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing and Taxes
Replies: 11
Views: 1094

Re: Rebalancing and Taxes

Yes, this is my asset allocation. It was 100% stock six years ago (age 46), and I am increasing my bonds by 2% per year. It is a net allocation because I count my mortgage as a negative bond. If I decide to pay off my mortgage early (not worth it now because I have a low rate and can still deduct t...
by Randtor
Tue Jan 07, 2020 7:28 am
Forum: Investing - Theory, News & General
Topic: Rebalancing and Taxes
Replies: 11
Views: 1094

Re: Rebalancing and Taxes

In contrast, when I do my annual rebalance, I rebalance to my target allocation if I can do it within tax-deferred accounts. I have not yet done my January 2020 rebalance, but when I do, I will sell stocks to buy bonds in my retirement plan so that my net bond allocation matches my 12% target. (I k...
by Randtor
Thu Aug 22, 2019 5:27 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

OK, I just had a very nice conversation with the advisor. He is a fiduciary, and all funds have no front or back load, and no fees for buying and selling. He makes 1% a year, but there are - of course - fees associated with the funds. I have had difficulty getting those figures, but as mentioned 2 w...
by Randtor
Thu Aug 22, 2019 4:59 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

When you get a chance, you should use a portfolio backtest analyzer such as this: https://www.portfoliovisualizer.com/backtest-portfolio to compare how the FA's portfolio would have compared to a 3-fund (or other low cost & simple) alternative. I almost got entangled with an FA who advised having 2...
by Randtor
Thu Aug 22, 2019 4:57 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

most of the 'leaving edward jones threads' point out it is pointless to attempt to discuss the high costs with the Fa. you are just going to get the propaganda...you already know the bottom line. most suggest if possible, never contacting the fa period. just initiate a good plan in moving to a good...
by Randtor
Thu Aug 22, 2019 4:57 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

As a trustee I have power but I won't make the decision on my own, without her consent. I don't want to be a scape goat just in case..... At the risk of being overly blunt, making the decision on your own is your job as trustee. The desire to reach consensus is admirable, but the ultimate goal is t...
by Randtor
Thu Aug 22, 2019 2:16 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

Thanks for a good deal of useful info everyone.I am going off to write up some questions and I am going to email them to him before the phone conversation. I am guessing I won't get a lot of straight answers, as the saying goes, "if you can't impress someone with your knowledge than baffle them with...
by Randtor
Thu Aug 22, 2019 2:13 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

Again, in complete ignorance, but I"m guessing the "common stock" items don't have expense ratios? But I'm sure commissions and fees were charged when they were bought... and something will be charged to sell or unload them. Yup, crawl through the trust wording and see what your powers are. There a...
by Randtor
Thu Aug 22, 2019 2:04 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

+1 to the low cost balanced fund, etc. suggestion. You said you are “a trustee”. Are you the sole trustee or a co-trustee? If you are the sole trustee, don’t try to manage the trust by consensus vote with your cousin if she is not financially savvy. It’s a small trust. A fee of 1% and an ER of 3.01...
by Randtor
Thu Aug 22, 2019 2:00 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

I have a Brokerage IRA and a Brokerage ROTH IRA through LPL Financial. The costs are mainly through the advisor, he or she is either getting compensated with front-end loads and 12(b)1 fees or an Assets Under Management arrangement. My guess is that the advisor is using a level load "C" class share...
by Randtor
Thu Aug 22, 2019 1:44 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

You were made trustee for a reason, right? Indeed! I don't think there is a specific time frame for investing or divesting. So far his needs are essentially taken care of and she doesn't need any $$ yet. Unfortunately she is not as familiar with the trust language as she needs to be, so I told her ...
by Randtor
Thu Aug 22, 2019 1:40 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

Reviewers will need the actual expense ratios of those funds, if you have them, please edit the post to add that. I will note that there are probably specific purposes for a special needs trust. And your 50-ish cousin is possibly not in a position to risk that money. What is your expected time fram...
by Randtor
Thu Aug 22, 2019 1:38 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Re: Trying to help a relative "see the light"

Looks like a silly set up to me. Too much for me to even track going on there. Did I gather correctly this account is under $100k and is to take care of the cousins' needs? I would take a pretty conservative approach, if that's the case, IMO. I'm not familiar with "trustee" stuff. But, does that no...
by Randtor
Thu Aug 22, 2019 1:19 pm
Forum: Personal Investments
Topic: Trying to help a relative "see the light"
Replies: 36
Views: 2288

Trying to help a relative "see the light"

Hi All, Over the past 6 months I have been getting my portfolio in order based on the great advice given on this forum and tons of research /learning since I discovered Bogleheads. I have made great progress, but more importantly with the market fluctuations I am seeing how this works to our benefit...
by Randtor
Mon Jul 08, 2019 10:26 pm
Forum: Personal Investments
Topic: Help - Talk to me like I'm 4 y/o please
Replies: 97
Views: 11144

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

Welcome! I was also in this exact position about 6 months ago. I read everything here I could, the forum and the WIKI info. Then I posted my portfolio and received excellent advice. My FA was the daughter of a personal friend... a bit complicated. But I emailed her and nicely, politely and professio...
by Randtor
Mon Apr 01, 2019 9:42 am
Forum: US Chapters
Topic: Master thread - Providence, Rhode Island Bogleheads Chapter
Replies: 35
Views: 7945

Re: Master thread - Providence, Rhode Island Bogleheads Chapter

It was a pleasure to meet and greet other Bogleheads in person, and the presentation was excellent, thank you Mike. The group and individual discussions afterward were very enlightening as well. I really enjoyed it and look forward to the next meeting. I am still a 'newbie', and still learning! One ...
by Randtor
Fri Mar 22, 2019 10:11 am
Forum: Personal Investments
Topic: Help with choosing funds across multiple accounts
Replies: 11
Views: 1194

Re: Help with choosing funds across multiple accounts

I did this extensive email in hopes our entire financial situation is clear. Hi Zoeylab.... You have so many funds it's actually not clear. I know, I am in the process of transferring all of my Ameriprise accounts to Vanguard. I have been studying, reading and learning during the month it is taking...
by Randtor
Wed Mar 20, 2019 8:41 am
Forum: Personal Investments
Topic: Help deciphering these bond & CD funds
Replies: 6
Views: 722

Re: Help deciphering these bond & CD funds

So my guidance would be to hold on to it unless you have a REALLY good reason to sell it. It'll function like any other bond, so just count it in your bond allocation. Plus the experience of holding and observing an individual bond will be a valuable one later in your investing life. Thanks vineviz...
by Randtor
Mon Mar 18, 2019 7:19 pm
Forum: Personal Investments
Topic: Help deciphering these bond & CD funds
Replies: 6
Views: 722

Re: Help deciphering these bond & CD funds

Not all municipal bonds are tax-exempt, and these are NOT. The "TXBL" designation in the name tells you they are taxable, so holding them in an IRA is entirely reasonable. Ahh, ok I see that in the name but didn't understand what it meant, thanks. These Harris County bonds are currently yielding ab...
by Randtor
Mon Mar 18, 2019 7:11 pm
Forum: Personal Investments
Topic: Help deciphering these bond & CD funds
Replies: 6
Views: 722

Re: Help deciphering these bond & CD funds

#1 I'm not sure about. Is that a bond that was called? Yeah, I'm not really sure what that is actually :? That was why I posted it here, hoping someone would tell me what it is and recommend what to do with it. Looks like my ex-advisor purchased this 1/3/19, so whatever it is I guess I have to hang...
by Randtor
Sun Mar 17, 2019 1:05 pm
Forum: Personal Investments
Topic: Help deciphering these bond & CD funds
Replies: 6
Views: 722

Help deciphering these bond & CD funds

I am still in the process of transitioning from Ameriprise to Vanguard. I hold several products in my account (purchased by my ex-advisor at Ameriprise) that I am having a difficult time trying to understand their financial information; whether or not to keep them, or liquidate and put the money int...
by Randtor
Thu Mar 14, 2019 1:27 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

You write this as if that makes PAS disappointing. I wasn't disappointed in the advisor. It was, as I said, my own perception.I was entering uncharted waters (for me) and I guess I expected something different... not that I can even put it into words. Maybe I set the bar too high on my expectations...
by Randtor
Wed Mar 13, 2019 10:13 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

Or best, in my opinion, choose the % you want and do your own 3 fund for the absolute lowest cost. Yes, I was expecting more from the PAS I guess, than what I heard. But that was my own perception. The advisor knew what he was talking about, I just didn't feel like there was anything being told to ...
by Randtor
Wed Mar 13, 2019 9:19 am
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

Dandy, thanks again for taking the time to make your comments. It's so good when others offer opinions, its a reminder that there are "many roads to Dublin" as Taylor Larimore is fond of pointing out! If I was going to set aside 800k for "safe" money I just wouldn't feel comfortable having it all in...
by Randtor
Tue Mar 12, 2019 10:43 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

Surprised at all the bond funds and in my opinion it is additional complexity and not needed. Surprising in that Vanguard investment experts have been recommending a two fund strategy: Total Bond and Total International Bond. Indeed, I was a bit surprised as well. He started out recommending 8 fund...
by Randtor
Tue Mar 12, 2019 10:37 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

Dandy, thank you for your detailed explanations. he amount of draw down dollars - In retirement how much each year will you have to take from your portfolio to supplement any retirement income e.g. Social Security, Annuities etc. to support your retirement life style I expect we will have enough so ...
by Randtor
Mon Mar 11, 2019 10:24 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

Investing in retirement is often a lot different. Your ability to earn money i.e. human capital usually goes close to zero rather quickly. That can be a wake up call especially if/when your portfolio takes a big hit a la 2001 or 2008. This is because not only aren't you contributing to your retirem...
by Randtor
Mon Mar 11, 2019 9:49 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

You got it almost right. I have said "It won't make much of a foreseeable difference." Total Bond Market has done a very good job of providing safety for a portfolio. Why add another fund? Strive for simplicity -- not complexity. Indeed. I decided after your response to - once again - click the "Si...
by Randtor
Mon Mar 11, 2019 11:36 am
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

As you can see, there is no need for "tweaking" to add more short and intermediate term bonds. Strive for simplicity -- not complexity. Taylor, thank you for weighing in. I will follow your advice on the bonds, and continue to strive for simplicity! I am in the process of selling virtually everythi...
by Randtor
Mon Mar 11, 2019 10:31 am
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

Also, should I add international bond funds in a small percentage to my overall portfolio of 60% bonds? There is no "should" about international bonds in my opinion. Vanguard thinks they are a good thing. Other people don't care for them. Others are just too lazy to add international bonds now that...
by Randtor
Mon Mar 11, 2019 9:08 am
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

livesoft and retiredjg, thank you very much for your suggestions. I wasn't really sure how exactly to do this even though I had some idea from reading the Wiki information on asset allocation in multiple accounts. Still, I felt that I had come this far, I didn't want to make a mistake at this point....
by Randtor
Sun Mar 10, 2019 9:02 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

1. Indeed, why? I would think that Vanguard believes that the extra funds provide a better Sharp ratio and diversity. But if "better" is only 0.1% better, does it really matter to you? It does not. I suspect that is why the 3 fund portfolio is recommended. As I am gradually coming to understand it,...
by Randtor
Sun Mar 10, 2019 3:48 pm
Forum: Personal Investments
Topic: Opinions on VG advisor's recommendations
Replies: 34
Views: 4723

Re: Opinions on VG advisor's recommendations

So, everything is progressing with my transfer of funds to Vanguard. My advisor's suggestions following our last meeting are now 6 funds: VTSAX (total Stock Mkt) ; VTIAX (total International Stock Mkt) ; VBTLX ( total Bond Mkt) ; VTABX (total International Bond Mkt) ; VFSUX (tshort term investment g...
by Randtor
Thu Mar 07, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2699
Views: 1800751

Re: The Three-Fund Portfolio

Wow. I just finished reading all 49 pages of this thread over the past 5 days. I am so impressed with Taylor Larimore's patience. I couldn't count the number of times the same few questions were repeatedly asked, and yet, with very little variation, all were answered by Taylor, and others of course....
by Randtor
Sun Mar 03, 2019 9:52 pm
Forum: Personal Investments
Topic: opinion on one specific stock holding
Replies: 12
Views: 747

Re: opinion on one specific stock holding

Here is what "step-up cost basis" means: Let's say your FIL originally purchased the stock at $20k, and by the time he passed in 2001 it had grown to $50k. If he had not passed, and wanted to sell all of it, he would owe capital gains taxes on the $30k gain. But since he did pass, the $50k passed t...
by Randtor
Sun Mar 03, 2019 4:18 pm
Forum: Personal Investments
Topic: opinion on one specific stock holding
Replies: 12
Views: 747

Re: opinion on one specific stock holding

Good comments and suggestions, thanks. I don't know anything about the stock, but a $70k holding should not ruin an otherwise sound portfolio in my opinion. It would be best not to have emotional attachments to a stock, but if one exists, there is little you or she can do about it. I would not creat...
by Randtor
Sun Mar 03, 2019 10:19 am
Forum: Personal Investments
Topic: opinion on one specific stock holding
Replies: 12
Views: 747

opinion on one specific stock holding

Hi All, I am in the middle of the process of bringing all 50 funds I had with Ameriprise (yikes!) over to VG, and I will be paring my holdings down to the 3 or 4 fund portfolio as recommended. Most holdings are tax deferred and some are taxable. I also hold a fund in Fidelity which is 100% stocks (m...
by Randtor
Wed Feb 27, 2019 1:11 am
Forum: Personal Investments
Topic: How to Begin with 1M
Replies: 150
Views: 23619

Re: How to Begin with 1M

Hi Tylerlearning, I know this is a long thread over a long time, but I did notice you are still responding so let me relate to you my recent experience. I'll try and keep it short..... I had 90% of my portfolio with Ameriprise, and unhappy for years but afraid to make a move. Didn't realize how much...
by Randtor
Tue Feb 26, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 237
Views: 50558

Re: How Do You Like My New 'Doo

Nedsaid: Congratulations upon leaving Ameriprise. This shows that you have the confidence to make your own financial decisions and not have to rely on an advisor that has conflicts of interest. They offered me pretty decent financial planning and portfolio allocation advice but their products were ...
by Randtor
Mon Feb 25, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 237
Views: 50558

Re: How Do You Like My New 'Doo

Nedsaid, I have seen your name pop up in several threads since I found this forum just a few weeks ago. I am moving from Ameriprise (mostly tax deferred retirement portfolio) to Vanguard, with additional holdings in Fidelity (100% stock equities, only about 15% of my overall total holdings). I have ...