Search found 27 matches

by ArboristInTraining
Mon Feb 17, 2020 3:03 pm
Forum: Personal Investments
Topic: 401K Options
Replies: 4
Views: 270

Re: 401K Options

Thanks for the input! That's the one I'll go with then.
by ArboristInTraining
Mon Feb 17, 2020 2:34 pm
Forum: Personal Investments
Topic: 401K Options
Replies: 4
Views: 270

401K Options

Hello! I'm about to begin a new job that offers a 401K plan. They give a list of 11 options and I was hoping for some guidance on which funds best suit the boglehead approach. Here are the options: 1) Fidelity Retirement Money Market Portfolio 2) Fidelity Total Bond Fund 3) Fidelity Value fund 4) sp...
by ArboristInTraining
Mon Feb 17, 2020 1:32 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

I'm going to look into whether the unearned income was reported on my parent's federal return, though I'm almost positive it wasn't. Reading the information provided, I couldn't be more thankful for having clarity on this issue. I'd like to file these returns and know for certainty that I've paid my...
by ArboristInTraining
Fri Feb 14, 2020 10:48 pm
Forum: Personal Investments
Topic: Rebalancing a portfolio
Replies: 8
Views: 785

Re: Rebalancing a portfolio

I appreciate that suggestion!
by ArboristInTraining
Fri Feb 14, 2020 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

Tom, I'd be happy to give you more specific information. From the years 2013-2018 I recieved 1099-DIV forms, and in 2018 only I recieved a W2 form from my teaching job. From the years 2013-2017 I was a student and indeed a qualified dependent. I'm not quite sure what you mean by blocks and check mar...
by ArboristInTraining
Fri Feb 14, 2020 3:05 am
Forum: Personal Investments
Topic: Rebalancing a portfolio
Replies: 8
Views: 785

Re: Rebalancing a portfolio

Thanks for the replies! It is indeed a taxable account. I didn't consider the tax event implications, so I appreciate you bringing that to my attention. Considering that, I'm going to try to go with the approach of buying more shares of the stock that's below its target allocation, up until I reach ...
by ArboristInTraining
Fri Feb 14, 2020 1:43 am
Forum: Personal Investments
Topic: Rebalancing a portfolio
Replies: 8
Views: 785

Rebalancing a portfolio

Hello! I've recently moved my portfolio over to vanguard, sold the high expense ratio mutual funds I was in, and replaced them with a two fund VTI/VXUS portfolio at an allocation of 60/40. My question, how often should I balance a portfolio like this? And how would I go about doing that? I wonder if...
by ArboristInTraining
Fri Feb 14, 2020 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

I'm sorry you have to go through that headache! That sounds terribly confusing. So here's the process I went through. I contacted two different CPA's about the situation explained in the original post. One told me that the 2018 tax return that I incorrectly filed "wouldn't be worth amending." And th...
by ArboristInTraining
Thu Feb 13, 2020 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

I ended up getting in touch with a CPA, and I've amended my 2018 tax return. I plan to file the prior years returns as well. I appreciate the advice and consideration offered in this post. This community has really helped push me to become financially literate and responsible, and it's so much easie...
by ArboristInTraining
Sun Feb 09, 2020 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

Nope I reaid it! I'm still a bit confused however. If I wasnt required to file a return during the years from 2013 to 2017, as in I had no earned income, would i still be required to file a form 8615? Meaning, one of the requirements for having to file form 8615 is that I was required to file a tax ...
by ArboristInTraining
Sun Feb 09, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

The invested money was from a yearly gift, and the only other income I had during my college years were from a work study that was fairly irregular and infrequent.

I'll be sure file an amended tax return for 2018. Thanks for the information!
by ArboristInTraining
Sun Feb 09, 2020 4:14 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Re: Not filing prior 1099's

Unknowingly as in what to do with them. I recieved the documents through an e-statement, and I was never even aware I was getting them.
by ArboristInTraining
Sun Feb 09, 2020 3:56 am
Forum: Personal Finance (Not Investing)
Topic: Not filing prior 1099's
Replies: 25
Views: 2076

Not filing prior 1099's

Hello all, First, a little background. I graduated from college in May of 2018, and I'm currently on the road to financial literacy! I've had a brokerage account since 2013 and have been unknowingly receiving 1099's throughout that time. Last year was my first full year of working, and subsequently ...
by ArboristInTraining
Mon Jan 13, 2020 1:20 pm
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

Once I build up my emergency fund again I'll look into making a Roth IRA and begin contributing right away! I couldn't thank you all enough for your thorough advice and consideration. There's always a nagging feeling with financial representatives that their advice is tainted, but you all genuinely ...
by ArboristInTraining
Mon Jan 13, 2020 3:14 am
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

I've seen it mentioned on forums that individuals used PAS for the first year or so and then managed the portfolio on their own, and I'm leaning towards that strategy. This is all still very new to me! This might be a silly question, but is there an advantage to putting the funds in a taxable accoun...
by ArboristInTraining
Sun Jan 12, 2020 4:21 pm
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

I'll definitley look into the small value capitalization fund.

If I was looking to sell off my current portfolio and exchange it for the two fund portfolio mentioned earlier in this thread, would it make sense to have a vanguard personal advisor do it for me? Or should I simply do that on my own?
by ArboristInTraining
Sun Jan 12, 2020 2:05 pm
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

Thanks for the feedback! Once my brokerage account transfers over to vanguard I'll be going with that two fund portfolio. This community is awesome.
by ArboristInTraining
Sun Jan 12, 2020 2:09 am
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

I like simple. I also understand the distaste for actively managed funds. However, wouldn't it be beneficial to include a large cap growth fund like VWSUX (Vanguard US Growth Investor) Expense Ratio 0.390%, if it has the potential for greater gains? Or is the higher cost associated with an actively ...
by ArboristInTraining
Sun Jan 12, 2020 1:21 am
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

I might just do that. I'm just still unsure of which equity index funds to go with and in what allocation. Any suggestions?
by ArboristInTraining
Sat Jan 11, 2020 7:55 am
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

I didn't think think of the tax implications, so I appreciate you bringing that to my attention. I dont currently contribute to a tax deferred account, but I plan to once I begin my new job!
by ArboristInTraining
Sat Jan 11, 2020 7:26 am
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Re: Hypothetical portfolio

The account is a taxable one. Thank you for the feedback!
by ArboristInTraining
Fri Jan 10, 2020 10:53 pm
Forum: Personal Investments
Topic: Hypothetical portfolio
Replies: 22
Views: 1360

Hypothetical portfolio

Evening Bogleheads, What are you opinions on this hypothetical portfolio? Feedback is much appreciated! Total assets: 180,00K Asset allocation: 90% stocks, 10% bonds Stocks: 60% VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) Expense ratio0.040% 20% VWNFX (Vanguard Windsor™ II Inv) Exp...
by ArboristInTraining
Thu Jan 09, 2020 6:52 pm
Forum: Personal Investments
Topic: My current portfolio
Replies: 10
Views: 1024

Re: My current portfolio

Thank you for that suggestion! I'll edit my original post to include the information in that post.
by ArboristInTraining
Thu Jan 09, 2020 6:05 pm
Forum: Personal Investments
Topic: My current portfolio
Replies: 10
Views: 1024

Re: My current portfolio

The assets I mentioned in my initial post are in a taxable brokerage account, and are now being transferred over to vanguard! I'm not currently contributing to an IRA or 401k, but once I begin my new career in February I'll be contributing the maximum my employer will match. Would you suggest contri...
by ArboristInTraining
Thu Jan 09, 2020 12:47 pm
Forum: Personal Investments
Topic: My current portfolio
Replies: 10
Views: 1024

Re: My current portfolio

Thank you for linking those references! I will certainly start the transfer process and look into the tax ramifications. Again, I really appreciate the advice.
by ArboristInTraining
Thu Jan 09, 2020 11:36 am
Forum: Personal Investments
Topic: My current portfolio
Replies: 10
Views: 1024

Re: My current portfolio

I appreciate that feedback very much! How would I go about moving those funds to let's say a vanguard brokerage account? And which passively managed index funds might be the best to replace those funds with? I'm comfortable with an asset allocation of 90% equity amd 10% bonds, as I'm 23 and have no ...
by ArboristInTraining
Thu Jan 09, 2020 2:53 am
Forum: Personal Investments
Topic: My current portfolio
Replies: 10
Views: 1024

My current portfolio

Hello! I'm fairly new to the world of investing, and even newer to the boglehead investing philosophy. I'm currently reading the bogleheads guide to investing, and the arguments presented are so strong I'm re-thinking my current investments and wanted another opinion. I'll get right to it then. Up u...