Search found 21 matches

by Jboglecmu
Sun Jul 05, 2020 5:53 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisor
Replies: 17
Views: 1958

Re: Vanguard Personal Advisor

I see a lot of perception that PAS only gives you The TDF equivalent. But after a thorough conversation with our CFP about risk tolerance and time horizon, PAS invested us in Growth Index Admiral Shares, Total International, Emerging Markets (probably don't need this), Extended Market, and Total Bon...
by Jboglecmu
Wed May 27, 2020 11:58 am
Forum: Personal Investments
Topic: How to invest Inherited IRA
Replies: 16
Views: 845

Re: How to invest Inherited IRA

When paying taxes on a distribution, is it best to make a direct tax payment to the IRS? Is this better than trying to get my employer to withhold more? If I just wait until I submit a tax return for everything to be settled, I would probably owe a penalty, right?
by Jboglecmu
Fri May 22, 2020 9:48 pm
Forum: Personal Investments
Topic: How to invest Inherited IRA
Replies: 16
Views: 845

Re: How to invest Inherited IRA

Good call!
by Jboglecmu
Fri May 22, 2020 5:35 pm
Forum: Personal Investments
Topic: How to invest Inherited IRA
Replies: 16
Views: 845

Re: How to invest Inherited IRA

Thanks everyone! We are both in our late 30s. We currently dont max all space in pretax accounts. We have little to no need to use this money short term.
by Jboglecmu
Fri May 22, 2020 2:49 pm
Forum: Personal Investments
Topic: How to invest Inherited IRA
Replies: 16
Views: 845

How to invest Inherited IRA

Hello, I just inherited an IRA from an uncle who recently passed away. I have about $50,000 in it, and I'm wondering what the best way to invest this would be. My husband and I have an AGI of about $190,000, so we are right on the cusp of the 22-24 percent tax brackets. Since we have to have it empt...
by Jboglecmu
Thu Jan 23, 2020 11:46 am
Forum: Personal Investments
Topic: Reporting capital gain on sale of home
Replies: 8
Views: 831

Re: Reporting capital gain on sale of home

We sold it for $330,000, and our gain is not taxable. My question is our small profit excluded from taxable income or just excluded from capital gains tax? Does the small profit increase AGI which affects other deductions/Roth IRA contributions. Thanks for the info!
by Jboglecmu
Thu Jan 23, 2020 9:42 am
Forum: Personal Investments
Topic: Reporting capital gain on sale of home
Replies: 8
Views: 831

Reporting capital gain on sale of home

My wife and I sold our primary residence in 2019. We have a capital gain of about $30,000. From what I've read, we don't need to report the sale on our tax returns because we have no taxable gain. I don't believe we received a 1099-S, and I'm not even sure who issues it or when it is issued. If I do...
by Jboglecmu
Wed Jan 01, 2020 10:01 pm
Forum: Personal Investments
Topic: What funds beat their benchmarks?
Replies: 18
Views: 2097

Re: What funds beat their benchmarks?

These charts should be required reading for anyone with a 20 year or longer retirement horizon. This is similar to the neighborhood public school vs. Charter school debate. When comparing apples to apples, Charter schools rarely outperform the public school yet parents continue to send their kids to...
by Jboglecmu
Wed Jan 01, 2020 9:46 pm
Forum: Personal Investments
Topic: What funds beat their benchmarks?
Replies: 18
Views: 2097

Re: What funds beat their benchmarks?

Thank you! This is very helpful and interesting. Ive read articles that point out a large majority of active funds underperform, but this data makes me wonder why any reasonable person would pay for active management. Is it ego? Plain ignorance of the data? And small cap active funds especially unde...
by Jboglecmu
Wed Jan 01, 2020 7:37 pm
Forum: Personal Investments
Topic: What funds beat their benchmarks?
Replies: 18
Views: 2097

What funds beat their benchmarks?

I'm curious if there is an efficient way to know what mutual funds beat their benchmarks in 2019. My guess would be not many since many US funds were up 30 percent or more. I'd also be curious to know of any mutual funds that did beat the market what their historical returns are. I'm asking not so I...
by Jboglecmu
Wed Jan 01, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: Before I found Bogleheads.....
Replies: 36
Views: 3524

Re: Before I found Bogleheads.....

I was at Edward Jones with a 1.08% AUM. And in funds with ER of .8 and higher. And because my parents are with Edward Jones, I thoight it was the best thing to do. This was until I stumbled upon an article about how much expense ratios and AUM cut intonretirement savings. I pit my info into the calc...
by Jboglecmu
Tue Dec 24, 2019 11:50 am
Forum: Personal Investments
Topic: VTIAX and emerging markets
Replies: 28
Views: 1912

VTIAX and emerging markets

Do I need to have both Vanguard Total International Index and Emerging Markets Index? VTIAX already has 22 percent in emerging markets. Pros and cons? Thanks!
by Jboglecmu
Sat Dec 21, 2019 7:39 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 284
Views: 36878

Re: What is your AA, given your age? and, Why?

90/10 with 30 percent VTIAX. Wife and I are 36. Should probably be 100 percent stocks.
by Jboglecmu
Fri Dec 13, 2019 7:45 pm
Forum: Personal Investments
Topic: Illinois 529 or Roth to fund college tuition
Replies: 9
Views: 616

Re: Illinois 529 or Roth to fund college tuition

Good to know. Thanks!
by Jboglecmu
Fri Dec 13, 2019 5:32 pm
Forum: Personal Investments
Topic: Illinois 529 or Roth to fund college tuition
Replies: 9
Views: 616

Re: Illinois 529 or Roth to fund college tuition

This is a "what if" but in a few years we might be above the threshold to contribute to a roth ira. What would be the next step?
by Jboglecmu
Fri Dec 13, 2019 4:37 pm
Forum: Personal Investments
Topic: Illinois 529 or Roth to fund college tuition
Replies: 9
Views: 616

Re: Illinois 529 or Roth to fund college tuition

That is one of the things on the table we are considering. Thanks for the info.
by Jboglecmu
Fri Dec 13, 2019 3:04 pm
Forum: Personal Investments
Topic: Illinois 529 or Roth to fund college tuition
Replies: 9
Views: 616

Illinois 529 or Roth to fund college tuition

I'm researching the pros and cons of using a Roth IRA to pay for college expenses. I still have 15 years to go before college costs kick in (I assume!). Anyway, we have an Illinois self-directed 529 started for our first child and are contemplating whether or not we should continue to aggressively f...
by Jboglecmu
Sun Nov 03, 2019 7:07 pm
Forum: Personal Investments
Topic: Using 403(b) or 457(b)
Replies: 13
Views: 1003

Re: Using 403(b) or 457(b)

Always more to think about than what appears. Thanks all!
by Jboglecmu
Sun Nov 03, 2019 5:05 pm
Forum: Personal Investments
Topic: Using 403(b) or 457(b)
Replies: 13
Views: 1003

Re: Using 403(b) or 457(b)

Thanks. I think I'm going to go with the 457 to give me a bit more flexibility on when I can withdraw. I dont see needing this money any time soon, but early retirement is definitrly the goal. My wife and I have a rather large (maybe too large) emergency fund so we are set financially for the short ...
by Jboglecmu
Sun Nov 03, 2019 2:24 pm
Forum: Personal Investments
Topic: Using 403(b) or 457(b)
Replies: 13
Views: 1003

Re: Using 403(b) or 457(b)

Thanks for the replies. I am in the 22% tax bracket and the fees are the same for both types of accounts.
by Jboglecmu
Sun Nov 03, 2019 8:11 am
Forum: Personal Investments
Topic: Using 403(b) or 457(b)
Replies: 13
Views: 1003

Using 403(b) or 457(b)

Hello, I am 36 years old and a public school teacher in Illinois. I have a pension and don't pay into SS and will not qualify for it in retirement. My district just added a new investment company to its 403(b) and 457(b) plans that have Vanguard Target Date Funds. The plans had very expensive choice...