Bogleheads.org

mojorisin

1. Consider a re balance strategy. What this means: keep an allocation. When its out of balance, sell what is up and buy what is down. This is what I've done recently. I've sold a bit of stocks into bonds when they were low. I use my allocation bands, not market timing. This works to lower your vola...

mojorisin

Does anybody buy the ETF for short term bond fund? Looks like the SEC Yield is 3.03% vs. 3.3% for the admiral mutual fund.

mojorisin

My stock allocation was set to 60% about 10 years ago when I took this over myself. I adjusted a few years ago to 65%, with the recent rise plus new money I'm up to 70% right now. Being in my 40's and having a longer term horizon, I bumped equities up a bit. Good problem to have! So, here comes the ...

mojorisin

All, thanks for the info. I spoke with the attorney again today. He said the reason he suggests the creation and transfer of the assets into a trust now is to avoid probate. Here in TN upon the execution of the will, the court would become involved. And / or potentially oversee the transfer of asset...

mojorisin

Working with an estate attorney. He suggested we move our main assets - house, investment accounts, etc into a trust now. I spoke with some friends, they suggested a will/trust that executes "upon death". I dont like the idea of transferring everything into the trust "today" (I'm 46). But I do like ...

mojorisin

I honestly dont know how much of the $5k is short vs. long. Need to check.

mojorisin

Hey Bloom. Yes, I used to sell the shares as they hit my account. However I'm glad I decided to "buy and hold" as our stock went on a nice run of 100%. I agree not to let taxes drive my strategy. I should focus on the right strategy for the stock, then deal with cap gains. Does anybody know what my ...

mojorisin

I get quarterly stock through my company. The stock has done 100% the past 24 months. So I have positions from 45, 50, 60, 65, 70, 90, and 100. The older positions are "long" while the recent are "short". I regularly sell off some of my positions to reduce my exposure to a single stock. I have a $5k...

mojorisin

Thanks for the question. When I look at a car, I look at total cost of the car during ownership divided by number of months owned. So if I'm driving a new car, or 4 year old car the "monthly cost of ownership" is basically the same in this scenario for $43k SUV's. The only time it favors keeping lon...

mojorisin

For my wife's SUV I like to have something on the newer side. We do road trips, driving kids around etc. While my past car for her, BMW X5 I paid cash $43k w 10k miles on it. Good value, but if I would have invested that money would have been way better of. So in hindsight should have financed. Doin...

mojorisin

I would not retire. Give it a few years. Take a nice vacation though. I also would ask if you would retire if the market tanked 30% and jobs were tight, and profits down. +1 You need to do a couple simulations. Take into account a 20% market drop for example. Could you live off that? Children will ...

mojorisin

Hello, my kids received an inheritance. The accounts are in the form of an IRA. The financial planner is telling me we need to take an annual RMD. My question is how does the taxes of an RMD work? For example: if the RMD for the year is $1500. How much taxes are owed? Does it hit my tax return? If t...

mojorisin

livesoft wrote: ↑
Tue Oct 03, 2017 10:03 pm
I'd sell the shares with no taxable gains, too.

I might give the shares with the highest LT gains to my donor-advised fund, too.

Thanks livesoft for validating.

Question - what do you mean by donor-advised fund?

mojorisin

I didnt read the entire thread. So posting my thoughts at the end. Remember you need to build a balanced asset allocation. Your asset allocation should have correlation of assets. If the assets are doing different things, go ahead and lump sum invest. Or in a couple of chunks. When the market moves,...

mojorisin

I receive quarterly and annual stock grants. The stock has done well over the past couple of years. I want to sell off some shares to diversify, and roll into other investments. So the oldest shares are long and about 50% gains. The recent shares have no gain or loss, and are short. While I was abou...

mojorisin

Agreed. I have some research to do.

Let me ask this: can I start work (paying) my web developer to start the project and pay him out of my personal checking, etc.

Its going to take a few months. It gives me time to get the project under development. Then go "live" after I figure out my LLC, etc.

mojorisin

I've started two businesses, wouldn't have been able to sleep at night without the protection that an LLC (or other corporate structure) offers. One of the businesses was a web-based retail business. i was worried about: - credit card info being stolen - personal information being stolen - lawsuit ...

mojorisin

Hi all, I'm investing into a developer to assist me with a web site. My accountant told me to keep track of my expenses as they are tax deductible. My thinking is to spin up an official "business" however I have no idea where to start to register. I've done some internet reading, but in my state (TN...

mojorisin

I'm considering investing into an internet site. The cost would be about $10k to $15k to launch phase 1. As I'm deciding how much I'm willing to put upfront, I'm wondering if there will be any tax benefits. The "business" will earn little to no revenue in year 1, so operate at a loss. As my income i...

mojorisin

I moved a 6 figure amount out of Vanguard's short term bond index into 6 month, 3% CDs at Andrews. Seemed reasonable - harvested a small loss and will likely get a better return for 6 months. Who knows... in 6 months maybe there will be better CD rates available.. maybe not. Regardless I don't feel...

mojorisin

I have a NW of over 30mm (9mm real estate and 21mm stocks/bonds/cash) and no debt. I'm 51 years old and I would like to retire but I am not yet confident in doing it.... I'm not sure its enough. More money isn't going to make you feel more financially secure. I would suggest two books: 1) How to th...

mojorisin

Hi all, what is the best day of the week to meet? Would you all be ok with a mid week meeting at Gerst Haus? How about if we try Wed Dec 14th? I'll setup an email address to RSVP. Will post when I get it setup. GERST HAUS - NASHVILLE 301 Woodland Street Nashville, TN 37213 Telephone: (615) 244-8886

mojorisin

Hello all - I've been out traveling all this week, then next week again. I'll need a couple days to get this organized appreciate the patience. Looking forward to getting together in Nashville. Michael

mojorisin

FiveK wrote:See How to withdraw funds from your IRA and 401k without penalty before age 59.5 for some thoughts you may find useful.

This is a great read. And good to keep in mind as a potential option to consider now, since it takes some future thought and planning.

mojorisin

How mch of your non-401k savings are you willing to spend in your 50's to meet your expenses? Can you reduce your expenses? 60% of your wealth is in non retirement, correct? Yes, 60% non retirement. 40% in retirement accounts. Hopefully the non retirement ratio continues to go higher and the taxabl...

mojorisin

So hit a milestone savings number of $2M this week about the same time I hit a milestone age of 45. Income and savings is still healthy, so it got me thinking about the ability to stop working in my late 50's. I'll hit my retirement "number" by the age of 52. However with 40% of my savings in 401k/I...

mojorisin

I just picked up an Omega Speedmaster for $3600 for my 45th birthday present though months of shopping and research from an online retailer. At the local retail store its about ~$5200 after discounts. With certain Omega and Rolex you can have high resale value anytime IF 1) its authentic with papers...

mojorisin

Subscribing... I'm interested in this topic as well.

mojorisin

So my friend is 62, sold his business for $2.1M (after taxes), and is trying to figure out how to structure his annual income from the $2.1M. He's seen multiple financial advisors. He settled on a strategy that I thought was odd. His strategy: put $500k in a checking account to cover expenses indefi...

mojorisin

My annual work income is about $300k. Another $20k in dividends and interest. I'm interested in spinning up a side business for a hobby of mine, not looking to make big money the first 2 to 5 years. But to get it off the ground until I can do it full time in about 10 years. My question is regarding ...

mojorisin

Executed a TLH from VXUS ==> VEU today. I had a sizeable enough loss in taxable (unfortunately) to make it worth while... I'll eventually roll back into VXUS for the lower fees.

mojorisin

Mojorisin, For the most part, anything under 5% of your portfolio is unlikely to make any substantial difference in your portfolio performance in the long run. I'm assuming that you're holding a diversified international fund that already has emerging markets in it. If this is so, then you're possi...

mojorisin

I have 2% of my portfolio in VWO Emerging Markets. $100 pre 2007, $50 early 2011, $31 early 2016. Gladly I'm only down about 5% or so overall. But geez... and everything I read just shows emerging markets to continue down. Its making it hard to continue to push new money into VWO to keep my allocati...

mojorisin

I personally subscribe to building my strategy "with the end in mind". My end goal is to have $4M in total savings, which I can then live off 4% interest. When I hit that, I'm done working for good. So I start with that, then build my financial plan to get there. What is the best way to get to my go...

mojorisin

I have a 5% slice of Emerging Markets via VWO. I notice it pays a 4% dividend. Is that accurate, or am I missing something? Do we get the full 4% in the U.S. for example?

If I was a trader, this would be a good fund to "trade". Seems to swing from 35 to 45 over periods.

mojorisin

Maybe scan and keep electronic copies. Just this week, I came across a situation where I needed a HUD from 7 years ago to qualify for a 4,000 tax refund. I tossed my copy, but thank GOD the bank still had an electronic scan!

mojorisin

I found some older posts that state you can TLH from VWO into EEM. However they look like similar funds. Can anybody confirm? Thanks.

mojorisin

I was looking at USO. However after doing more searching, determined not going this route. Looking at OIL instead.

mojorisin

Yes, this is speculation on my part. Not part of my core asset allocation.

Is anybody speculating and buying any Oil ETF's to hold for a longer term bump? If so, what are you buying (which funds)?

mojorisin

Thanks for the responses. I called Fidelity again. I can do an auto invest with Fidelity Mutual Funds, with no cost. Fidelity equivalent of VXUS and VTI have the same annual cost as Vanguard. So I'll drop $10k into each of those funds, then setup my auto invest. I can set the fixed amount each month...

mojorisin

I am looking to setup a monthly purchase of VTI and VXUS. Most of my investments are held at Fidelity, which is where I buy/sell investments. Option 1 When I try to setup an auto investment it requires I select a mutual fund, not an ETF. Then if I try to buy a Vanguard mutual fund, it wants to charg...

mojorisin

Excellent thread. I just turned 43. When I heard the term "mid life crisis" when I was younger, I always assumed it would equate to a need to buy a 2 seater sports car or a side girlfriend. Turns out my "crisis" boils down to me wanting to hit a specific amount of savings so I can retire early. If I...

mojorisin

I'm trying to find factual data points, numbers, on passive vs. active. When searching I find the reasons "why" but not the data to back it up. While I continue searching, if anybody has a link or data they can point me to that would be great. I've already bought into the strategy, but pulling toget...

mojorisin

We've moved from the north to the south, in a rapidly growing city. Back at "home" there are massage parlors everywhere, and I "hear" they do very well financially. As I'm doing some research on this, and contact some existing franchises, does anybody on this board have experience in this business? ...

mojorisin

I work for a large software company, so I do not get any tax deductions (mileage, office, etc). However if I joined a golf club and used it occasionally for work meetings and taking client to golf then could I deduct the membership and dues from my gross income? I'm in a 30% ($300k income) tax brack...

mojorisin

What makes those funds so "inefficient" vs. an index fund? I have all index and individual muni's in my taxable.

mojorisin

At a minimum you need to provide them a choice of manufacturer. Not everybody likes to drive an import. I would suggest Cadillac if you sell to any American customers.

mojorisin

I have a Surface RT, Surface PRO, and iPad. Of the 3, I use the Surface PRO 99% of the time. I use the RT if I need extra battery life. The iPad is pretty much for consuming only, you cannot get any real work done so I gave it to the kids for playing games. The PRO is awesome, runs full version of W...

mojorisin

I've been having this issue for a while. I get a form of motion sickness when I'm working at the office. Its like I can feel the building vibrating. I used to be on the 20th floor, where it was really bad. Now I'm on the 4th floor, and while not as bad, it still makes me sick after a few hours. I'm ...

mojorisin

I am in this same situation. I have enough taxable (liquid) savings to pay cash for my home, plus still have a decent deal of money left over. Plus retirement savings. So how do you decide to do a mortgage vs. pay cash? For me this is all about my pool of money for retirement. My goal is to have $xx...

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