Search found 8 matches

by augusto
Fri Nov 13, 2020 6:10 pm
Forum: Personal Investments
Topic: Current Stock Market Trends
Replies: 19
Views: 1936

Current Stock Market Trends

Money from new traders coming into the market is causing a large and fast increase in market pricing or rally. Unfortunately, these new traders are not concerned too much about conventional valuation. Some people have likened the market now to a casino. If this information is correct, how does the T...
by augusto
Sat Aug 22, 2020 3:02 pm
Forum: Personal Investments
Topic: Tax Returns For Next Year
Replies: 25
Views: 2256

Tax Returns For Next Year

I have an accountant that does my taxes every year but I am considering doing my taxes by myself next year.  I do not know how to start.  What do you recommend...TurboTax?  Any other option?  Any advice or website that might help me to do my own taxes?  How did you start doing your taxes by yourself...
by augusto
Sat Aug 22, 2020 2:10 pm
Forum: Personal Consumer Issues
Topic: Is it worth to relocate for retirement?
Replies: 140
Views: 13588

Re: Is it worth to relocate for retirement?

Thanks everybody that commented in this thread.  :happy Very insightful and valuable opinions shared to all of us that makes this forum and its people great!  Yes, of course this is a lifestyle decision.  I just wanted to focus my question on the financial aspect.
by augusto
Fri Aug 21, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Is it worth to relocate for retirement?
Replies: 140
Views: 13588

Is it worth to relocate for retirement?

In terms of optimization, is it worth to move to a “retiree friendly” state like Florida, Arizona, etc, from a northern state like Massachusetts? In your opinion and in general terms, what are the rough factors that determine if one should move from one state to another “retiree friendly” state to g...
by augusto
Tue Aug 11, 2020 8:12 pm
Forum: Personal Investments
Topic: Please Review my Portfolio
Replies: 6
Views: 470

Re: Please Review my Portfolio

1. If we add up all His 401k + Her Traditional IRA + His Rollover IRA, the total percentage comes to be 29.55%. Since your desired asset allocation is 40% bonds + fixed income, one easy change you can make is to sell everything in these accounts and buy FXNAX (Fidelity Total Bond Market Index fund)...
by augusto
Tue Aug 11, 2020 6:36 pm
Forum: Personal Investments
Topic: Please Review my Portfolio
Replies: 6
Views: 470

Re: Please Review my Portfolio

HomeStretch wrote: Tue Aug 11, 2020 6:18 pm Welcome!

You don’t have to take RMDs from your 401k and rollover IRA in 2021. The age to begin RMDs was recently increased from age 70 to age 72.

Yes. You are right!
by augusto
Tue Aug 11, 2020 6:35 pm
Forum: Personal Investments
Topic: Please Review my Portfolio
Replies: 6
Views: 470

Re: Please Review my Portfolio

Welcome and congratulations on amassing a decent pot before retirement. Before I can comment on steps, can you confirm a few things: On first glance you have ZERO bond holding anywhere, just cash and equities? Is that true? Also, what is your current tax bracket, which will help in deciding how to ...
by augusto
Tue Aug 11, 2020 6:04 pm
Forum: Personal Investments
Topic: Please Review my Portfolio
Replies: 6
Views: 470

Please Review my Portfolio

This is a great forum! Happy to become a new member! Please feel free to comment or suggest anything that you think it will add value, as you review my portfolio. Thanks in advance. Just a quick preamble: I am going to be transitioning to retirement very soon. There is a 12 years gap between my spou...