Search found 18 matches

by AvidGardener
Tue Sep 17, 2019 8:43 pm
Forum: Personal Investments
Topic: What's the BEST money market fund now?
Replies: 7
Views: 1780

Re: What's the BEST money market fund now?

VMFXX Fed MM (settlement fund) 2.03% 7 day SEC VMMXX Prime MM 2.07% 7 day SEC All American/Redneck Bank MM 2.40% <$50k then 0.50%>$50k Redstone FCU <$2500 5.09% then 0.70%>$2500 (being a US Veteran qualifies membership) Popular Direct 2.50% limit unkn Wealthfront 2.32% Ally Bank 1.9% Goggle MM or HY...
by AvidGardener
Sun Sep 08, 2019 9:25 pm
Forum: Personal Investments
Topic: Irrevocable Trust funds allocation for Mom
Replies: 9
Views: 1049

Re: Irrevocable Trust funds allocation for Mom

My aging parent's mid six figure Living Trust portfolio current AA is 24% stock/ 6% International/ 51% VBTLX Total bond +CDs/ 19% Cash in HYS account paying 2.4% and two Rewards checking accounts earning 3% and 4%
by AvidGardener
Thu Aug 29, 2019 8:40 pm
Forum: Personal Investments
Topic: Investing Father's Assets Who Is In Nursing Home (POA)
Replies: 68
Views: 4723

Re: Investing Father's Assets Who Is In Nursing Home (POA)

$5400 is a reasonable fee for the revocable living trust documents. The Trust only prevents probate on assets titled to the Trust name . The trust attorney should file paperwork to retitle the home to the Trust name. Also, the Trust attorney should list all known assets in the Trust document, includ...
by AvidGardener
Sun Aug 25, 2019 9:51 pm
Forum: Personal Investments
Topic: Advise for my dad
Replies: 18
Views: 1645

Re: Advise for my dad

For me after establishing 3 month expenses/emergency fund, I opened my vanguard taxable brokage with VGSTX Vanguard Star $1000 minimum er 0.31. I add a modest amount monthly. Once that reaches 6k I may exchange 3k to add VTSAX Vanguard Total Stock. I also have an EasyStart NFCU 1 year CD paying 3.5%...
by AvidGardener
Fri Aug 16, 2019 2:17 pm
Forum: Personal Investments
Topic: Whats the Best 12-18 month CD
Replies: 12
Views: 1267

Re: Whats the Best 12-18 month CD

Navy Federal CU is offering 18mth 3% CD

https://www.navyfederal.org/products-se ... -rates.php
by AvidGardener
Wed Aug 14, 2019 9:57 pm
Forum: Personal Investments
Topic: Investing Father's Assets Who Is In Nursing Home (POA)
Replies: 68
Views: 4723

Re: Investing Father's Assets Who Is In Nursing Home (POA)

I am co-trustee of my 87yo dad's Living Revocable Trust mid 6 figures. Every penny that my dad saved and invested will be used for his confort and care during his twilight years. Any assets remaining will equally go heirs including the sale of his home.
by AvidGardener
Mon Aug 12, 2019 5:35 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard ongoing glitches, August 12-13, 2019]
Replies: 256
Views: 17016

Wellesley 56.05% drop today

[Thread merged into here, see below (next page). --admin LadyGeek]

What happened?!? Wellesley VWIAX was around $64.96 per share. I just looked, it's $28.62, losing $36.50 per share today. A 56.05% drop :confused
by AvidGardener
Tue Aug 06, 2019 8:40 am
Forum: Personal Investments
Topic: Ally & Marcus Dropping Some Interest Rates (Title Edited 8-8-19)
Replies: 59
Views: 8601

Re: Ally Dropping Interest Rate on their Online Savings Account 8-6-19

Snowman, Thank you for the info. We already have Redneck bank at 3% hy checking max of 10k with a few hoops. Now considering adding LMCU hy checking, thanks again
by AvidGardener
Tue Jul 16, 2019 11:10 pm
Forum: Personal Investments
Topic: Safest way to invest $1 mil for individual with cognitive impairment to protect their assets?
Replies: 33
Views: 3777

Re: Safest way to invest $1 mil for individual with cognitive impairment to protect their assets?

When updating dad's Trust at age 86, the trust atty recommended that I be named co-trustee. From that point on I've handled all of dad's investments and expenses. Dad wasn't savvy with past investments. Didn't even know what a CD is. He lives modest and had saved quite a bit of his pension for decad...
by AvidGardener
Fri Jul 12, 2019 10:10 am
Forum: Personal Investments
Topic: Failed to max out 401k before retiring
Replies: 4
Views: 999

Re: Failed to max out 401k before retiring

Thank you HomeStretch, Yes! I have a few savings bonds, I'll look into purchasing more.
by AvidGardener
Fri Jul 12, 2019 7:32 am
Forum: Personal Investments
Topic: Failed to max out 401k before retiring
Replies: 4
Views: 999

Re: Failed to max out 401k before retiring

Thank you for your response! No, I am not eligible to contribute to HSA at this time. Apprears a taxable brokerage is my only option.
by AvidGardener
Fri Jul 12, 2019 6:49 am
Forum: Personal Investments
Topic: Failed to max out 401k before retiring
Replies: 4
Views: 999

Failed to max out 401k before retiring

I failed to maximize my tax deferred TSP (19k+6k) before I retired May 19. I am planning on placing 7k in a Roth sometime in November. Is there another avenue I may add taxed $ to max out tax deferred retirement savings? This is the last year I will have w-2 income. Thank you!
by AvidGardener
Wed Jul 10, 2019 9:10 pm
Forum: Personal Investments
Topic: variable life what to do with massive policy
Replies: 7
Views: 775

Re: variable life what to do with massive policy

Yes, I cashed out 6 terrible investments (my dad's) for a loss around 18k of the principle plus the decade the 190k was not invested properly. There's one more policy remaining, dad paid $137k; POD $143k; surrender value $111k that I am hesitate to cash out because I am unsure if able to recoup loss...
by AvidGardener
Sun Apr 21, 2019 8:09 am
Forum: Personal Investments
Topic: Saved over 80k, should I look for a Savings or MMA?
Replies: 15
Views: 2245

Re: Saved over 80k, should I look for a Savings or MMA?

All American/Redneck Bank FDIC mega money market pays 2.5% on balances <$50k. The checking pays 3% if you use the debit card 10 times per month on the 20th-20th of the month. located in Mustang Okla :D
by AvidGardener
Tue Apr 16, 2019 4:14 pm
Forum: Personal Investments
Topic: Continue to buy Bonds in Taxable?
Replies: 6
Views: 751

Re: Continue to buy Bonds in Taxable?

The goal is to take care of dad for the next decade or so. There is desire for growth of dad's savings, because of terrible annunities investments sold by a snake 10 years ago, earning only 0.85 on 75% of the money(now rectified/withdrawal). Plus a large sum earning zero % in checking for decades at...
by AvidGardener
Tue Apr 16, 2019 8:29 am
Forum: Personal Investments
Topic: Continue to buy Bonds in Taxable?
Replies: 6
Views: 751

Re: Continue to buy Bonds in Taxable?

The remaining 47% is CDs which mature over the next 12 months. Dad's tax lady suggested to stop buying CDs due to penalties if cashed early.
Thank you for your reply, actually we already purchased 3k of each fund, which I will probably exchange soon. Desired allocation is 30S/50B/20cash.
by AvidGardener
Mon Apr 15, 2019 11:59 pm
Forum: Personal Investments
Topic: Continue to buy Bonds in Taxable?
Replies: 6
Views: 751

Continue to buy Bonds in Taxable?

Soon I will upload portfolio for review (in correct format). Currently have 38% in VBTLX Total Bond in Taxable. Tax rate is 12%. Preparing to purchase additional Bonds (110k). Should I add all the funds to VBTLX Total Bonds since the tax rate is <30%? or should I add: VWIUX 50k Tax Exempt Intermedia...