Search found 19 matches

by gowest
Wed Jan 24, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6020

Re: Your bond allocation when you were 48

Still five years away, but my ISP says 65% equities and 35% bonds.
by gowest
Sat Jan 20, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 7605

Re: Lost money through Bitconnect scam - learned my lesson

Kudos to you for openly admitting your mistake. Everyone makes mistakes, but not everyone is mature enough and brave enough to admit to them. I'm sorry it happened to you, but in the long run the experience will serve you well by preventing you from making future similar mistakes. Good luck. +1 Don...
by gowest
Tue Jan 16, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Gifted $1,000: Max out Roth or go towards smaller balances on credit cards?
Replies: 10
Views: 596

Re: Gifted $1,000: Max out Roth or go towards smaller balances on credit cards?

Use $387 of that $1000 to pay off the 27.9% credit card. Then use $613 to pay down the 23.9% credit card. Then find--somehow, someway--a way to accumulate another $1940 to pay off the rest of the credit cards. Then start an emergency fund so that you don't ever have to carry a balance on a credit ca...
by gowest
Thu Jan 11, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: How often should my AA adjust?
Replies: 17
Views: 1032

Re: How often should my AA adjust?

I only adjusted when certain life events happened and/or the total portfolio value reached a magic number. Examples: 1. Bought house. 2. Had kids. 3. Kids in High School and about to go to college 4. Stopped working full-time 5. Stopped working altogether I have to say, I do the same as livesoft's ...
by gowest
Thu Jan 11, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: How often should my AA adjust?
Replies: 17
Views: 1032

Re: How often should my AA adjust?

Okay, okay, I'll bite... :D You'll note that many of us use a different AA algorithm than a linear increase in bonds with age, but that wasn't your question... What AA algorithm do you / others use? I want to avoid an algorithm based on then-prevailing feelings about the marketplace (since I don't r...
by gowest
Thu Jan 11, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: How often should my AA adjust?
Replies: 17
Views: 1032

How often should my AA adjust?

Hi everyone! I am in the middle of my annual rebalancing of my three-fund retirement portfolio consisting of total stock market (VTSAX), total international (VTIAX), and total bond (VBTLX). I was reviewing my written ISP for the coming years/decades, and I began to wonder why my I've set my AA to ad...
by gowest
Wed Oct 11, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Adding money to 401K/403b late in the year.
Replies: 18
Views: 1098

Re: Adding money to 401K/403b late in the year.

Thanks, that's a bummer! I guess there's no way to retroactively deduct income from the previous months then. Oh well! Bloom, to clarify about that do most employers stop at exactly 18K or does it become complicated to put exactly that amount in since you might slightly over or undershoot? Most emp...
by gowest
Tue Oct 10, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: What is a good Asset Allocation
Replies: 48
Views: 3108

Re: What is a good Asset Allocation

My assets have reached a million and that definitely makes me more skiddish with our current political environment and the high value of stocks. I'm moving towards 80/20 stock bond ratio and 30% of stocks in international. This sounds like a market-timing approach, which isn't recommended. You need...
by gowest
Thu Oct 05, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 12231

Re: Millionaire Next Door (Thank you Bogleheads)

I love this sort of story. I read that book many years ago (Millionaire Next Door), and it's always great to hear about someone who has successfully accomplished what the book describes (since, as you know from the book, you wouldn't otherwise be able to tell just by judging how someone looks or wha...
by gowest
Thu Oct 05, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: How many money accounts do you have? And how do you Keep track of them?
Replies: 28
Views: 2811

Re: How many money accounts do you have? And how do you Keep track of them?

To keep track of everything, I use YNAB, which stands for You Need A Budget (https://www.youneedabudget.com/). It is a wonderful program, but not for everyone. Basically you set up categories for expenditures, and then when money comes in (income, for example), you divvy it up among categories you c...
by gowest
Thu Oct 05, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Should I forego a backdoor Roth IRA?
Replies: 13
Views: 1331

Re: Should I forego a backdoor Roth IRA?

Thanks again to all who have replied. Regarding the Roth 401k, I have reconsidered and will shift back to a traditional 401k. So my current plan based on everyone's comments (and my own thinking) is: (1) max my 401k and make my (mandatory) profit sharing and cash balance contributions. (2) skip furt...
by gowest
Wed Oct 04, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 4096

Re: Chickened out... Now unsure where to start.

From randomizer, who I think nicely summarized the majority of the comments: "I'd put everything in target date retirement funds, put my login credentials in an envelope with a wax seal inside a plastic bag inside a bowl of frozen water in the freezer, cancel my newspaper subscriptions, and find a ...
by gowest
Wed Oct 04, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1661

Re: How much should an 18 year old keep in bonds?

Here is my current portfolio - I'm maxing out my Roth IRA using the VLXVX fund (2065 TD fund). Congratulations on an excellent start, and on an excellent choice in the VLXVX fund (target retirement 2065). As you've noted, that fund has 10% of the asset allocation in bonds. I would stick with this f...
by gowest
Wed Oct 04, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Should I forego a backdoor Roth IRA?
Replies: 13
Views: 1331

Re: Should I forego a backdoor Roth IRA?

IMO, since your IRA is already polluted with non-deductible contributions, even if you could be stuck with this I would just keep on making these contributions. It will build up your IRA assets and won't cause any additional trouble. It seems to me that investing in my taxable account would be bett...
by gowest
Wed Oct 04, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Should I forego a backdoor Roth IRA?
Replies: 13
Views: 1331

Re: Should I forego a backdoor Roth IRA?

These replies are very helpful. Thank you. We definitely filed our Form 8606 each year to track deductible vs. nondeductible contributions. I just haven't gone back through my returns to see how this breaks down for each year. I certainly can do this. I am reviewing the information provided by Thrif...
by gowest
Tue Oct 03, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Should I forego a backdoor Roth IRA?
Replies: 13
Views: 1331

Should I forego a backdoor Roth IRA?

Hi Bogleheads! It has been years since I've posted or spent much time on this forum. Set and forget it, with periodic rebalancing, has worked fine and dandy thank you all very much (truly, sincerely). But now I have a question. My wife and I both have traditional IRAs at Vanguard, and I am just now ...
by gowest
Sun Nov 22, 2009 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: maintaining tax efficiency
Replies: 6
Views: 1219

All good advice, so thank you. Regarding Mr. Larimore's suggestion to use the total stock market index (VTSMX) in place of the combination of the S&P 500 index (VFINX) and the extended market index (VEXMX), it seems to me that this would markedly underweight small- and mid-caps. I am confident that ...
by gowest
Sun Nov 22, 2009 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: maintaining tax efficiency
Replies: 6
Views: 1219

Thank you. Regarding point #2, would you likewise suggest not using tax-managed funds in the taxable account (but instead using simply tax-efficient funds)? I guess what it boils down to is this: I want to set up a long-term plan for incorporating a taxable account into my overall retirement portfol...
by gowest
Sun Nov 22, 2009 11:02 am
Forum: Investing - Help with Personal Investments
Topic: maintaining tax efficiency
Replies: 6
Views: 1219

maintaining tax efficiency

Hi all, I am 35 have been maxing my tax-advantaged retirement accounts for a number of years, and I finally was in a position to open (and did open) a taxable account (also for retirement) a couple of years ago. My taxable account is small (about 7% of my overall retirement savings) and is split 75%...