Search found 33 matches

by Abbey
Sat Jul 21, 2012 2:50 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1470364

Re: What Book Are You Currently Reading? Part V

Imagine by Jonah Lehrer & The Elusive Eden: A New History of California by Rice, Bullough & Orsi.
by Abbey
Thu Oct 27, 2011 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: when can I contribute to IRA 2012
Replies: 4
Views: 435

Re: when can I contribute to IRA 2012

"Contributions can be made to your traditional IRA for a year at any time during the year or by the due date for filing your return for that year, not including extensions." IRS Pub 590.

January 1, 2012
by Abbey
Wed Oct 26, 2011 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Money and in-laws
Replies: 59
Views: 7682

Re: Money and in-laws

You have many good answers/reasons for each option but I'll add one more. IF and only if your wife insists on giving him more money, make it a matching program. Match a percentage of each paycheck he shows you up to some amount/month and some total limit (your own little company 401 plan). Tie it to...
by Abbey
Sat Oct 15, 2011 3:04 am
Forum: Investing - Help with Personal Investments
Topic: Purchase of pension time
Replies: 4
Views: 861

I had this opportunity several years ago with a three year payment option. Within two months the plan changed to pay immediately. Fortunately I had the funds, too. Take the stretch but watch carefully for an "early call."
by Abbey
Thu Apr 21, 2011 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Are the fees in this unmatched 401(k) too high?
Replies: 10
Views: 1418

cirullo and lawman3966 , There are some $50-100 fees to apply for a loan, close/transfer the account and establish the RMD. There is no reference to a wrap fee. In 2009 all other fees were paid by the company. However, the plan says we will pay a pro rata share if/when the company chooses not to do...
by Abbey
Thu Apr 21, 2011 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Are the fees in this unmatched 401(k) too high?
Replies: 10
Views: 1418

kenschmidt,
Thank you. I forgot mf yields are net of expenses. :oops:
by Abbey
Thu Apr 21, 2011 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Are the fees in this unmatched 401(k) too high?
Replies: 10
Views: 1418

Kenyan, 1% is not that bad as far as a lot of plans go. It's definitely not enough to make investing in taxable (in low-cost funds) preferable. If you're mathematically inclined, make a spreadsheet to convince yourself of this - compare taxable investing with a low expense ratio vs. funds in this pl...
by Abbey
Thu Apr 21, 2011 1:15 am
Forum: Investing - Help with Personal Investments
Topic: Are the fees in this unmatched 401(k) too high?
Replies: 10
Views: 1418

Are the fees in this unmatched 401(k) too high?

DH has a new job (and new 401(k) plan). The plan summary states there is no match but the official plan documents detail how matching & profit sharing will occur so they may match in the future. Reason to fund this: If we both max our 401s we may be able to contribute to an IRA. Otherwise only D...
by Abbey
Wed Apr 13, 2011 9:31 pm
Forum: Investing - Theory, News & General
Topic: My First Boglehead Reunion (Bogleheads 10)
Replies: 27
Views: 3980

This will be my first Boglehead meeting, too. Thanks for all the information you've posted. I'm looking forward to some great discussions and especially the visit to Vanguard.
by Abbey
Tue Mar 15, 2011 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion question
Replies: 2
Views: 722

Thanks. I couldn't find a reference to exactly what we want to do and don't want to complicate anything. This helps.
by Abbey
Mon Mar 14, 2011 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion question
Replies: 2
Views: 722

Roth conversion question

DH had a small after-tax IRA (with some earnings) and converted it to a Roth in February this year. Can he still contribute to an after-tax IRA for 2010 & immediately convert it? I'm concerned about the end-of-year classification of the IRA money and whether or not this will cause some of the pr...
by Abbey
Sat Feb 19, 2011 12:47 am
Forum: Investing - Theory, News & General
Topic: Backdoor Roth IRAs Could Cost Some Investors at Tax Time
Replies: 30
Views: 18187

Is it correct that I can only convert once a year from IRA to Roth? I believe I read that but can't find the section in the IRS code.
by Abbey
Fri Feb 11, 2011 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for revised portfolio
Replies: 10
Views: 1852

As long as you're reasonably close to your desired allocation, things are fine.


Thanks for the reminder and for the information about 401 conversions. That's a mistake avoided!
by Abbey
Thu Feb 10, 2011 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for revised portfolio
Replies: 10
Views: 1852

This is my current iteration of our AA. I haven't moved all my accounts to Vanguard, but will when our plan is set. He converted his IRA to Roth yesterday and will fund 2010-11 IRA/ convert to Roth in March. Taxable (8.9%) 1.3% Vgd Tot Stk Idx VTSAX (.07) 4.0% Pimco Municipal (PMUPX) (.55) 3.6% Vgd ...
by Abbey
Wed Feb 09, 2011 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for revised portfolio
Replies: 10
Views: 1852

I edited the post with choices for his 401 & 403.

Thanks for all the help.
by Abbey
Fri Feb 04, 2011 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for revised portfolio
Replies: 10
Views: 1852

First question I have is why 65/35 at age 55? Conservative/traditional advice is Age in Bonds (55%). More modern/less conservative advice is Age - 10 in Bonds (45%). You're at "Post-modern" = Age - 20 in bonds. I try to avoid things I don't understand as investments. Things I've read, inc...
by Abbey
Thu Feb 03, 2011 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for revised portfolio
Replies: 10
Views: 1852

It's more complicated than that. He has to keep those funds out of an IRA in the same year as the conversion. The calculations look at the status of all IRAs on 12/31 of the conversion year. I knew I had insufficient information and that bogleheads could help. Thanks for keeping me out of this mora...
by Abbey
Thu Feb 03, 2011 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Help with prospectus! **Updated information
Replies: 9
Views: 1273

This was my situation for many years, too. I maxed out my Roth every year which I'm sure you do. The 529 might be a good plan although Texas' are not too good as I recall. When you children are old enough to legitimately help, pay them half and half. Half to them and half into a Roth in their names....
by Abbey
Wed Feb 02, 2011 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for revised portfolio
Replies: 10
Views: 1852

Advice for revised portfolio

I've edited his 401 & 403 to include fund options. Fidelity also offers some (but not all) of their actively managed accounts. I didn't include them since we prefer indexes. I did include all the bond & balanced options. His funds that seemed most useful are bolded - US stock index. Then we ...
by Abbey
Mon Jan 31, 2011 11:41 pm
Forum: Investing - Theory, News & General
Topic: Grok's tip #6/10: Be Aligned: Buy This, Not That!
Replies: 60
Views: 15086

Another thank you for the tips. I appreciate all the thoughtful posts and assistance here... and try very hard to follow all the nuances.
by Abbey
Thu Jan 27, 2011 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with prospectus! **Updated information
Replies: 9
Views: 1273

What state are you in? Vanguard is an option in Texas.
You might call the 403(b) administrator and get a list of non-annuity options if you haven't already done that.
by Abbey
Sun Jan 23, 2011 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: What do do with my individual stocks
Replies: 23
Views: 2965

Computershare usually has records of your DRIPS 5-10 years back. Sometimes further. Get as much information as you can on the dates & prices; put it into a spreadsheet or Quicken. Identify the lots you sell. If you use average cost once, you must use it for all future sales of that stock. Subdiv...
by Abbey
Sat Jan 15, 2011 8:01 pm
Forum: Local Chapters and Bogleheads Community
Topic: Rick Ferri in HOUSTON on January 15, 2011
Replies: 46
Views: 9359

Thank you, Rick, for your very informative presentation and discussion. Sometimes we all need to be reminded to stick with indexing.
And thanks to everyone who attended. I look forward to the next meeting of the Houston chapter.
by Abbey
Sun Jan 09, 2011 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff advice for 61 year old boomers
Replies: 24
Views: 3833

FYI: Fully funding the Roth means $24,000. $6000 each for you and spouse for 2010 and again for 2011.
by Abbey
Sun Jan 02, 2011 11:03 am
Forum: Investing - Theory, News & General
Topic: How much in harvested losses is enough?
Replies: 17
Views: 2623

DS Investor: Thanks for the easy explanation. I confused selling taxable with converting IRAs when it's a two step process. This will be a great way to convert to Roth in early retirement assuming we haven't used up all our losses. :) Abbey
by Abbey
Sat Jan 01, 2011 11:47 pm
Forum: Investing - Theory, News & General
Topic: How much in harvested losses is enough?
Replies: 17
Views: 2623

Carryover losses & Roth conversions?

In retirement while drawing down your taxable assets, you will be using up those carryover losses. This will allow you to live on $100K per year tax-free for a number of years, but you should use that opportunity to convert some of your IRA/401(k) money to a Roth IRA while in a low tax bracket. I d...
by Abbey
Sat Jan 01, 2011 3:44 pm
Forum: Investing - Theory, News & General
Topic: 2011 BOGLEHEAD CONTEST REGISTRATION
Replies: 374
Views: 35533

1392.
by Abbey
Fri Dec 31, 2010 6:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: Rick Ferri in HOUSTON on January 15, 2011
Replies: 46
Views: 9359

Location suggestion for Rick Ferri meeting

The Cafe Express north of the Galleria has a couple of room-like divisions. We might be able to use one of them. No doors, but I don't think they'd charge us to use the area... just need to order some food.
The address is 1101 Uptown Park Blvd # 12, Houston - (713) 963-9222
by Abbey
Tue Dec 28, 2010 11:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: Rick Ferri in HOUSTON on January 15, 2011
Replies: 46
Views: 9359

Great! January 15, 2011, at 2:00 pm it is. Everyone interested, mark you calendars: Date: Saturday, January 15, 2011 Time: 2:00 pm Location: To Be PM'ed, Houston, TX If you are planning to attend, please post in this thread, so we know what number of people we can expect. Anyone got any ideas for a...
by Abbey
Sun Oct 24, 2010 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial Agreement drafted
Replies: 177
Views: 18505

My husband and I have a prenup and use the his, mine & ours allocation. I seriously encourage you to begin a two-way conversation about finances with her. Let her tell you what she plans for life, why she got in debt, what money means to her, what emotional ties money has, how her family handles...
by Abbey
Sun May 30, 2010 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice & fund placement questions
Replies: 5
Views: 1149

I spent part of the day looking on M* and Vanguard at the funds you suggested and some others. Here's my current iteration. Taxable Accounts 6% Total Stock Market (VTSMX) (.18 ) 5% FTSE ex-US Stock Idx (VFWIX) (.40) or Tax Managed Int'l (VTMGX) (.20) no cash (CDs) in Taxable New money: $4000 Roth 13...
by Abbey
Sun May 30, 2010 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice & fund placement questions
Replies: 5
Views: 1149

Landy, Thanks for the reply. I agree with you about separate AAs but can't think of a better way. Since in the final disposition these assets will go to someone else, I'd hate to have all the equities or vice-versa. It seemed more prudent to duplicate the overall AA with each group. I'd be intereste...
by Abbey
Sat May 29, 2010 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice & fund placement questions
Replies: 5
Views: 1149

Portfolio advice & fund placement questions

I would like some advice and opinions about my portfolio placement. I've saved/invested for years and have reached the point where it is hard to re-balance with new money only. Recently married. We will keep our original assets separate so this is my portfolio only. When I get mine straight, I'll wo...