Search found 3407 matches

by retired@50
Tue Sep 29, 2020 7:03 pm
Forum: Personal Investments
Topic: Percentage for one stock/mf in portfolio
Replies: 4
Views: 214

Re: Percentage for one stock/mf in portfolio

In calculating percentage of portfolio for one stock/mutual fund should bonds be included? Example 100k portfolio and 10k stock in Acme, so 10% of portfolio is Acme. But what if 100k portfolio with 40% bonds, is Acme 10% still or is it 17% (10k of 60k stock portfolio)? I suppose it's both, assuming...
by retired@50
Mon Sep 28, 2020 11:31 pm
Forum: Personal Investments
Topic: Portfolio Review - Moved to Schwab, need to reduce complexity
Replies: 6
Views: 723

Re: Portfolio Review - Moved to Schwab, need to reduce complexity

After reading your post a few thoughts come to mind. I think even the "new" portfolio doesn't reduce complexity enough. If I counted correctly, you'll still hold over 20 individual funds and/or stocks. You claim to be a long time reader, but I don't think the Boglehead philosophy has sunk in. You're...
by retired@50
Mon Sep 28, 2020 11:17 pm
Forum: Personal Investments
Topic: Need help with Investment Advice and current plan review
Replies: 17
Views: 975

Re: Need help with Investment Advice and current plan review

After reading your post a thought comes to mind. I'd give up on the idea of "break even" and sell everything you don't want to own and use the money to buy what you want. Your plan could take years to evolve since you really don't know when break even will occur. Pay the capital gains tax or harves...
by retired@50
Mon Sep 28, 2020 6:32 pm
Forum: Personal Investments
Topic: Investing order
Replies: 12
Views: 1004

Re: Investing order

Hello, i have a question on investing order. my status 87k gross income combine with wife we are both 48 years old, would like to retire at 58.. we invest 20% gross to our 401k & 403b currently 401k bal 163k now 403b bal 48k now IRA vang. 125k now Was thinking about drop the percentage from 20% to ...
by retired@50
Mon Sep 28, 2020 9:40 am
Forum: Personal Investments
Topic: Need help with Investment Advice and current plan review
Replies: 17
Views: 975

Re: Need help with Investment Advice and current plan review

After reading your post a thought comes to mind. I'd give up on the idea of "break even" and sell everything you don't want to own and use the money to buy what you want. Your plan could take years to evolve since you really don't know when break even will occur. Pay the capital gains tax or harvest...
by retired@50
Sun Sep 27, 2020 12:17 pm
Forum: Personal Investments
Topic: Cost Basis - selling TWCGX to VTSAX
Replies: 12
Views: 603

Re: Cost Basis - selling AREVX to VTSAX

One issue is you've been investing in this fund long enough to have uncovered shares (bought before 2012), then Vanguard may not have all your cost basis info, and you'd either need cost basis records or have to use Average Cost. Do you have shares from pre-2012? If so, did American Century track t...
by retired@50
Sun Sep 27, 2020 12:11 pm
Forum: Personal Investments
Topic: IRA or taxable (or other?)
Replies: 9
Views: 530

Re: IRA or taxable (or other?)

If neither you or your spouse have any existing traditional IRA monies hanging around you are in an excellent position to make Roth IRA contributions through the "backdoor" method. The advantage is that you would get a Roth IRA account with no future taxation, that's far better than a taxable accou...
by retired@50
Sun Sep 27, 2020 9:28 am
Forum: Personal Investments
Topic: Unfreeze Credit To Open TreasuryDirect Accounts?
Replies: 13
Views: 778

Re: Unfreeze Credit To Open TreasuryDirect Accounts?

I've been unable to find the answer to this question with web searches, so I'm hoping somebody here might know. Do we need to unfreeze our credit to open new TreasuryDirect accounts? And if yes, with which agency? What gives you the impression you'd need to unfreeze your credit? I would suspect you...
by retired@50
Sat Sep 26, 2020 9:17 pm
Forum: Personal Investments
Topic: Cost Basis - selling TWCGX to VTSAX
Replies: 12
Views: 603

Re: Cost Basis - selling AREVX to VTSAX

I've recently moved my brokerage account from American Century Investments to Vanguard. The shares were transferred in kind so I still have all of those shares in TWCGX (ER 0.98%). I'd like to sell these and instead hold it all in shares in VTSAX (ER 0.04%). My question is which cost basis is best ...
by retired@50
Sat Sep 26, 2020 9:45 am
Forum: Personal Investments
Topic: Is a Trust really needed today?
Replies: 18
Views: 1896

Re: Is a Trust really needed today?

Based on what I've heard and read about probate, avoiding it can be a blessing.

Regards,
by retired@50
Fri Sep 25, 2020 9:26 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 679

Re: Two 401k accounts: Previous and Current Employer

Flyer24 wrote: Fri Sep 25, 2020 9:22 am
His previous employer plan is the one with the better expense ratios.
I see that now... :oops: Although, snailderby may be onto something in an earlier post. The expense ratios as written could contain a typo...???

Maybe OP can confirm.

Regards,
by retired@50
Fri Sep 25, 2020 9:22 am
Forum: Personal Investments
Topic: Tax Managed Balanced or NY Muni for Taxable
Replies: 9
Views: 669

Re: Tax Managed Balanced or NY Muni for Taxable

Hello All, In the process of building up my taxable account. I live in NYC and my tax rate is around 30%. Looking for the best option for my taxable account. Currently not holding any bonds in my IRA & 401k. Thank you, Ben In your title you mention NY Muni. Does this mean that you want to hold bond...
by retired@50
Fri Sep 25, 2020 9:16 am
Forum: Personal Investments
Topic: Portfolio review and encouragement to continue with law practice
Replies: 10
Views: 536

Re: Portfolio review and encouragement to continue with law practice

Where is the Roth IRA held? If it's at T. Rowe Price you could move it to Vanguard and hold the same kind of fund for 1/5 of the cost. You're paying 19 basis points (.19% ER) for an S&P 500 index mutual fund that could be had at Vanguard (VFIAX) for 4 basis points (.04% ER). As far as being a motiva...
by retired@50
Fri Sep 25, 2020 9:02 am
Forum: Personal Investments
Topic: Two 401k accounts: Previous and Current Employer
Replies: 13
Views: 679

Re: Two 401k accounts: Previous and Current Employer

Question: in an effort to save on ER's, am I not thinking like a Bogelhead and having similar funds in each 401k? I know they both carry different weight and holdings; which is why I have held funds both in each account to date. Well, I suppose if you want to try and save a couple of basis points y...
by retired@50
Thu Sep 24, 2020 8:35 pm
Forum: Investing - Theory, News & General
Topic: Total Stock Market Index vs. ETF pricing [Vanguard mutual fund vs. ETF]
Replies: 10
Views: 541

Re: Total Stock Market Index vs. ETF pricing

Today (09.24.2020) the Total Stock Market Admiral VTSAX closed down -0.19% and the ETF VTI closed up 0.25%. How is this possible? I did a search and could not find an explanation in an existing thread. I'd check into the dividend dates (Record, Reinvest, Payable). These sort of questions come aroun...
by retired@50
Thu Sep 24, 2020 8:29 pm
Forum: Personal Investments
Topic: PAS moving from index funds to ETFs
Replies: 64
Views: 4784

Re: PAS moving from index funds to ETFs

Not sure I get the point of Vanguard PAS. Seems very generic, from what I've read. For 0.3% you get the same funds in the same allocation as a Target or LS funds, which go for .12% or so. Where is the value added here? I don't use PAS, but I think the value added can take several forms. 1. Client i...
by retired@50
Thu Sep 24, 2020 11:18 am
Forum: Personal Investments
Topic: PAS moving from index funds to ETFs
Replies: 64
Views: 4784

Re: PAS moving from index funds to ETFs

Not sure I get the point of Vanguard PAS. Seems very generic, from what I've read. For 0.3% you get the same funds in the same allocation as a Target or LS funds, which go for .12% or so. Where is the value added here? I don't use PAS, but I think the value added can take several forms. 1. Client i...
by retired@50
Thu Sep 24, 2020 11:13 am
Forum: Personal Investments
Topic: Should I sell my bonds and stocks? -- Jumping tack brackets next year
Replies: 7
Views: 830

Re: Should I sell my bonds and stocks? -- Jumping tack brackets next year

Housekeeping is never fun, but waiting for a better time in the future could make the problem worse. I'd unload anything you don't want to hold this year, since it seems to be the best time from a tax perspective. Be careful/thoughtful about what you hold in your taxable account. Does VT allow you t...
by retired@50
Thu Sep 24, 2020 12:13 am
Forum: Personal Investments
Topic: Growthy Investment Portfolio
Replies: 5
Views: 656

Re: Growthy Investment Portfolio

Simple and Long term strategy for me is buying 40% IWF (R1000 growth) 40% QQQ, 20% IWO (R2000 growth). I bought in April/ May and buying again now. This is a long term strategy for me. Buying the dips and holding. Too risky ? I’m investing half my salary and investing in these ETFs. Welcome to the ...
by retired@50
Thu Sep 24, 2020 12:04 am
Forum: Personal Investments
Topic: Portfolio Review - questions
Replies: 13
Views: 1384

Re: Portfolio Review - questions

invierno121 wrote: Wed Sep 23, 2020 8:24 pm
Questions
...
4. What can I do with my old HSA? I’m not a huge fan of the monthly maintenance fee.
...
Thanks for reading!
Fidelity offers a no-fee HSA. I was able to roll mine from the old custodian to Fidelity in under a month.

Regards,
by retired@50
Tue Sep 22, 2020 8:55 pm
Forum: Personal Investments
Topic: Help Managing Father's Finances
Replies: 13
Views: 1287

Re: Help Managing Father's Finances

Question: -If you were to move the Fidelity IRA into fixed income index funds with a 4 yr time horizon before sold and disbursed to his children what would you recommend? Answer: I'd fire the advisor, then sell all 25 funds inside the IRA and move the money into Fidelity FSKAX. No tax consequences,...
by retired@50
Tue Sep 22, 2020 9:42 am
Forum: Personal Investments
Topic: What does a load look like on a statement?
Replies: 10
Views: 834

Re: What does a load look like on a statement?

I am reviewing some statements for a relative who doesn't think they are paying very much in fees to an advisor. When looking at Class A share purchases - what does a load look like? Does it show as buying a share price at 5.75% higher than it closed on the day of the transaction? I agree with the ...
by retired@50
Mon Sep 21, 2020 11:24 pm
Forum: Personal Investments
Topic: Help Managing Father's Finances
Replies: 13
Views: 1287

Re: Help Managing Father's Finances

Question: 1) Should we move the Fidelity IRA funds to a more conservative investment- fixed income fund, hight interest savings account, CD? If so, what do you recommend for a 4 year time horizon? 2) Should we move the money from the savings account at 1.2% or leave it there? 3) Any other advice? T...
by retired@50
Mon Sep 21, 2020 4:43 pm
Forum: Personal Investments
Topic: Flexible retirement planner software question
Replies: 7
Views: 756

Re: Flexible retirement planner software question

Mr.BB wrote: Mon Sep 21, 2020 4:23 pm In the section for annual retirement income if you're not working but are collecting dividends Is that considered retirement income?
I would suspect so. I know the IRS certainly considers the dividends I receive as income.


Regards,
by retired@50
Mon Sep 21, 2020 12:20 am
Forum: Personal Investments
Topic: inquires to the Vanguardians
Replies: 5
Views: 861

Re: inquires to the Vanguardians

I know its alot of variant questions and i am sure not everyone has all the answer but i am trying to learn from others and their experience. I appreciate it. thank you all so much for taking the time to read and answer what you can. Answers: 1. For starters, it's Roth IRA. Named after U.S. Senator...
by retired@50
Sun Sep 20, 2020 11:43 pm
Forum: Personal Investments
Topic: Portfolio review - more checking on asset allocation
Replies: 11
Views: 1188

Re: Portfolio review - more checking on asset allocation

Taxable : About 1.5 million all together 21.4% Fidelity Contrafund (FCNTX); 0.85% ER - am taking out my dividends and capital gains each year so at least it does not grow - this will likely turn into part of a QCD when I retire as it has appreciated so much. See link. Based on my read, QCDs come fr...
by retired@50
Sun Sep 20, 2020 7:32 pm
Forum: Investing - Theory, News & General
Topic: Best Books for Complete Beginners
Replies: 22
Views: 1725

Re: Best Books for Complete Beginners

From your experience, what was the best investing book you have read for beginners? I'm looking for a book that explain investing in index funds in a simplistic way. I would like to know about choosing the right index funds based on my situation, rebalancing, and what to watch out for in the econom...
by retired@50
Sun Sep 20, 2020 7:22 pm
Forum: Personal Investments
Topic: Quick question about my current portfolio
Replies: 8
Views: 585

Re: Quick question about my current portfolio

So a little back story before I get into my question, I wanted to get started with investing so I did the whole robo thing though E-Trade I feel like my money is getting eaten by the cost to manage it I think it’s 0.30 comes to about $8.31 a quarter. This is a brokerage account Here is what my port...
by retired@50
Sun Sep 20, 2020 6:49 pm
Forum: Personal Investments
Topic: Asset allocation review
Replies: 5
Views: 584

Re: Asset allocation review

Thanks for the reply, retired@50. If ALL your international stock is in taxable, if you ever need to sell some of it to re-balance into bonds or US stocks, you'll likely face a capital gains tax (short term or long term) on the shares of international that are sold. Maybe put half of your internati...
by retired@50
Sun Sep 20, 2020 1:28 pm
Forum: Personal Investments
Topic: Does Vanguard 2-Factor apply even when you call customer support?
Replies: 2
Views: 258

Re: Does Vanguard 2-Factor apply even when you call customer support?

Just wondering if someone else could call Vanguard to go around the 2FA system if it is enabled online? Can people here that have 2FA enabled at Vanguard state whether calling customer support results in a code being sent to you for verification purposes? No, there’s a separate ID protocol for call...
by retired@50
Sat Sep 19, 2020 8:24 pm
Forum: Personal Investments
Topic: Portfolio evaluation: new investor
Replies: 7
Views: 638

Re: Portfolio evaluation: new investor

Tax Filing Status: Married Filing Jointly Tax Rate: 22% Federal, xx% State (first year of CA residency, yet to know the exact rate ) State of Residence: California Given the 22% Federal level, your state of CA tax rate falls somewhere between 6% and 9.3% depending on your income within that Federal...
by retired@50
Sat Sep 19, 2020 7:41 pm
Forum: Personal Investments
Topic: Halfway to retirement (41), financial goals set, how to improve our prospects for success?
Replies: 20
Views: 3695

Re: Halfway to retirement (41), financial goals set, how to improve our prospects for success?

I appreciate you furthering the conversation! ... 3. While we aren't certain our kids will go to college, we will certainly lead them in that direction. I'm not sure even at $24k per year there is enough time for us to fully fund 3 college tuitions (more likely 1-2). On one hand, there is always a ...
by retired@50
Fri Sep 18, 2020 11:29 pm
Forum: Personal Investments
Topic: Halfway to retirement (41), financial goals set, how to improve our prospects for success?
Replies: 20
Views: 3695

Re: Halfway to retirement (41), financial goals set, how to improve our prospects for success?

Hi retired@50 (what a great goal!) You pose some good questions and I appreciate the time you took to reply. My answers are below: After reading your post a few thoughts come to mind. 1. You don't state explicitly, but the trust account, is it taxable? If yes, then holding bonds and real estate fun...
by retired@50
Fri Sep 18, 2020 9:42 am
Forum: Personal Investments
Topic: Halfway to retirement (41), financial goals set, how to improve our prospects for success?
Replies: 20
Views: 3695

Re: Halfway to retirement (41), financial goals set, how to improve our prospects for success?

After reading your post a few thoughts come to mind. 1. You don't state explicitly, but the trust account, is it taxable? If yes, then holding bonds and real estate funds in this account is likely sub-optimal from a tax perspective. 2. Also, given the high tax bracket, you should definitely read the...
by retired@50
Fri Sep 18, 2020 9:28 am
Forum: Personal Investments
Topic: Proper Self Directed
Replies: 2
Views: 145

Re: Proper Self Directed

Is it feasible or possible to create a 529 that I fully control the investments for, and can invest in any/all stocks/ETFs (for kids)? Intention is to comply with all rules and regulations - but not use a 529 some other state has set out? I know many places offer self-directed IRAs - is there an eq...
by retired@50
Thu Sep 17, 2020 5:37 pm
Forum: Personal Investments
Topic: Best brokerage for PSLDX?
Replies: 9
Views: 721

Re: Best brokerage for PSLDX?

Hello all! I've decided to make a little plunge into some play money, and the fund picked will be PSLDX. So far in my research it appears Charles Schwab has the overall best entry point for that fund - 1k in an IRA to start. I know others have this fund here, and I just wanted to make sure I was ma...
by retired@50
Thu Sep 17, 2020 1:49 pm
Forum: Personal Investments
Topic: Smarty Pants (not)
Replies: 9
Views: 1433

Re: Smarty Pants (not)

Hello all. ... I believe I should have just stuck to pretty much my three fund portfolio , give or take a stock here and there . You're answer (in my opinion) is in the text above, less the strike-through parts. The 3 fund portfolio is a classic for a reason. Embracing the simplicity of it allows y...
by retired@50
Thu Sep 17, 2020 1:44 pm
Forum: Personal Investments
Topic: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?
Replies: 9
Views: 614

Re: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?

Unless you intend to over-weight small cap or mid cap holdings, using the total market index funds is preferred. Keep in mind that the total market funds do own the small cap and mid cap companies, but they don't represent more than about 20% - 30% of the total market, therefore, the daily movement ...
by retired@50
Thu Sep 17, 2020 1:36 pm
Forum: Personal Investments
Topic: Received Inheritance After Retirement
Replies: 10
Views: 1564

Re: Received Inheritance After Retirement

The inheritance will be all cash. All assets are being liquidated prior to distribution to myself and my siblings. Sorry I forgot to mention that! In that case (all cash) most Bogleheads would choose a tax efficient stock index fund in a taxable account. If that throws off your asset allocation by ...
by retired@50
Thu Sep 17, 2020 12:04 am
Forum: Personal Investments
Topic: 2020 Traditional IRA Contribution and Deductibility
Replies: 3
Views: 239

Re: 2020 Traditional IRA Contribution and Deductibility

BigPrince wrote: Wed Sep 16, 2020 11:34 pm Hello,

I am looking to understand how Modified AGI is defined for IRA Deductibility.
There is also a Boglehead wiki page that discusses the many permutations of MAGI.

See link: https://www.bogleheads.org/wiki/MAGI

Regards,
by retired@50
Tue Sep 15, 2020 9:21 am
Forum: Personal Investments
Topic: 401k moving investments without authorization
Replies: 2
Views: 271

Re: 401k moving investments without authorization

I think the more likely explanation is a mix-up in the back office somewhere. I don't think the 401k administrator did this on purpose. Before getting too upset about it, try to remember the long term focus of your 401k investment plan, and the fact that you're not the only "victim" of this snafu. I...
by retired@50
Tue Sep 15, 2020 12:10 am
Forum: Personal Investments
Topic: Vanguard Roth Performance
Replies: 17
Views: 1724

Re: Vanguard Roth Performance

Thank you in advance for your input and answer to my question. My Roth IRA is presently invested in VTWNX. At 65.5 years young, I'm presently 60/40. Since Jan '20, would I have faired better if I had been invested in VG Total Bond or VG 500? As much as I'm risk adverse, I am willing to stray a tiny...
by retired@50
Mon Sep 14, 2020 11:56 pm
Forum: Personal Investments
Topic: Preparation for the last chapter without you
Replies: 11
Views: 1774

Re: Preparation for the last chapter without you

A balanced fund, Vanguard LifeStrategy Funds, or Target Retirement Income fund are all decent choices if you're looking for one-fund simplicity. Pick one that has an asset allocation that suits your needs and make withdrawals as required per the RMD schedule.

Regards,
by retired@50
Mon Sep 14, 2020 4:16 pm
Forum: Personal Investments
Topic: 401k Rebalance Question
Replies: 8
Views: 542

Re: 401k Rebalance Question

After doing some more reading and thinking, I decided instead of just rebalancing to go full on Boglehead. Changed my 401k to: S&P 500 – SVSPX - 70% US Bond – SSFEX - 20% Int Stock – SSHQX - 10 % My 401k is 65% of my portfolio. The other 35% is my Roth IRA which is all Vanguard LifeStategy Growth. ...
by retired@50
Mon Sep 14, 2020 3:48 pm
Forum: Personal Investments
Topic: Simplifying Investing
Replies: 13
Views: 864

Re: Simplifying Investing

The problem I am having with any fund with an asset allocation that I need to manually re-balance is that I just *cannot* resist the urge to tinker . I don't sell, I just....can't resist optimizing a little with new contributions, and then it ends up sucking up huge amounts of time and I go down a ...
by retired@50
Mon Sep 14, 2020 9:53 am
Forum: Personal Investments
Topic: Personal Investment / Portfolio Advice
Replies: 6
Views: 568

Re: Personal Investment / Portfolio Advice

_______________________________________________________________ Hi Bogleheads, Thanks for taking the time to provide suggestions. Please let me know if I can be more descriptive. _______________________________________________________________ Emergency funds: - Yes Debt: - Student Loan 1: $6,166 at...
by retired@50
Sun Sep 13, 2020 2:39 pm
Forum: Personal Investments
Topic: Asset allocation review
Replies: 5
Views: 584

Re: Asset allocation review

Questions 1. Does my plan make sense? My retirement timeline is long term. I don't plan on touching these funds for at least a couple of decades. 2. I tried to follow the tax efficient fund placement wiki page but do you see any major tax issues with my allocation and my annual contributions? 3. An...
by retired@50
Sun Sep 13, 2020 12:31 pm
Forum: Personal Investments
Topic: Portfolio Checkup 40 Year Old
Replies: 5
Views: 1305

Re: Portfolio Checkup 40 Year Old

After reading your post a couple of thoughts come to mind. 1. It seems like the mortgage interest rates you're paying are relatively high (given today's interest rate market). You might look into a no-cost refinance to see if you could get a better rate. Try bankrate.com or Rocket mortgage or someth...
by retired@50
Sun Sep 13, 2020 10:00 am
Forum: Personal Investments
Topic: What to do with monthly surplus?
Replies: 29
Views: 4076

Re: What to do with monthly surplus?

MJS wrote: Sat Sep 12, 2020 6:03 pm
+1.
If you include an international total market in your portfolio, put it the taxable account so you can deduct the dividends on your income taxes.
I think you mean deduct the foreign taxes paid, not the dividends.

See link: https://www.bogleheads.org/wiki/Foreign_tax_credit

Regards,
by retired@50
Sun Sep 13, 2020 12:09 am
Forum: Personal Investments
Topic: How to adjust asset allocation
Replies: 6
Views: 555

Re: How to adjust asset allocation

Greetings Bogleheads! ... a globally diversified portfolio is less likely to leave us poor . ... So I'd rather just own the world and be as broadly diversified as possible. ... Tax brackets: Not exactly sure ... ... The blue passages above show wisdom beyond your years... Normally it takes people d...