Search found 166 matches

by HJG0989
Thu Feb 14, 2019 12:29 pm
Forum: Personal Investments
Topic: Fidelity Strategic Advisor Portfolio Management
Replies: 25
Views: 3663

Re: Fidelity Strategic Advisor Portfolio Management

I just gave a portion of my rollover to a Fidelity Managed account. Wow. I'm giving them 1.17% to sell my funds then by them back in "Strategic Advisers® Fidelity Funds" that have other Fidelity Funds in them. They also buy other Fidelity funds individually that are in the Strategic Advisers® Fidel...
by HJG0989
Fri Jan 18, 2019 11:11 pm
Forum: Personal Investments
Topic: Never thought it would happen to me - life changing injury
Replies: 38
Views: 4899

Re: Never thought it would happen to me - life changing injury

I have no idea what the accident was. However, THAT is why umbrella insurance is important. So you don't have to lose everything you have to pay the settlement, etc. RM Plus, the person injured will be awarded enough money to compensate for their lost wages. Thankfully whoever paid out for the acci...
by HJG0989
Sat Dec 22, 2018 12:09 pm
Forum: Personal Investments
Topic: Have you moved to ETF's? Why or why not?
Replies: 84
Views: 10232

Re: Have you moved to ETF's? Why or why not?

I am in the process of selling individual stocks and will be moving the proceeds to index ETFs at Fidelity. I am using Fidelity's ETFs because they don't distribute an end of year capital gains distribution.
by HJG0989
Wed Dec 12, 2018 10:15 pm
Forum: Personal Investments
Topic: Wellesley end of year cap. gain distribution
Replies: 4
Views: 801

Re: Wellesley end of year cap. gain distribution

Thank you, grabiner, I had not thought about the other side of the equation.
by HJG0989
Tue Dec 11, 2018 9:05 pm
Forum: Personal Investments
Topic: Wellesley end of year cap. gain distribution
Replies: 4
Views: 801

Re: Wellesley end of year cap. gain distribution

Thank you, it looks to me like I have until 12/17 which is the record date.
by HJG0989
Tue Dec 11, 2018 8:57 pm
Forum: Personal Investments
Topic: Wellesley end of year cap. gain distribution
Replies: 4
Views: 801

Wellesley end of year cap. gain distribution

Hi,

I have a capital loss on a Wellesley Income fund Inv. holding in a taxable account. Is it too late to sell it to avoid the capital gains distribution?

Thank you.
by HJG0989
Tue Dec 11, 2018 12:10 am
Forum: Personal Investments
Topic: Great Personal Loss – Guidance and Financial Questions
Replies: 36
Views: 5078

Re: Great Personal Loss – Guidance and Financial Questions

I am so sorry for your loss. You are experiencing my biggest fear, my heart goes out to you.
by HJG0989
Sat Nov 24, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: "Anchor Strategy"?
Replies: 9
Views: 1713

Re: "Anchor Strategy"?

The advisor may get a bump in his annual bonus if your friend buys into this. This PDF discusses Fidelity compensation: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/representative-compensation.pdf Not all Fido reps are good. The first one I had was horrible. I ended up emailing...
by HJG0989
Thu Nov 15, 2018 2:23 am
Forum: Investing - Theory, News & General
Topic: Portability of Fidelity ZERO
Replies: 22
Views: 2538

Re: Portability of Fidelity ZERO

Fidelity ZERO funds should not be held in a taxable account. Period. Buy vanguard total stock market or total international stock market admiral shares at vanguard if you want a mutual fund (they are the only mutual funds with an ETF share class). Or buy ITOT and IXUS at fidelity for no commission....
by HJG0989
Thu Nov 15, 2018 1:24 am
Forum: Investing - Theory, News & General
Topic: Portability of Fidelity ZERO
Replies: 22
Views: 2538

Re: Portability of Fidelity ZERO

Fidelity ZERO funds should not be held in a taxable account. Period. Buy vanguard total stock market or total international stock market admiral shares at vanguard if you want a mutual fund (they are the only mutual funds with an ETF share class). Or buy ITOT and IXUS at fidelity for no commission....
by HJG0989
Mon Oct 15, 2018 10:51 pm
Forum: Personal Investments
Topic: Help: Moving Stocks to Index Fund
Replies: 9
Views: 1203

Re: Help: Moving Stocks to Index Fund

I am in the same situation except I have over a million in capital gains. I keep hoping for a market crash...
by HJG0989
Sat Oct 13, 2018 12:11 am
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 3188

Re: Pacific Northwest trip

About 1.5 hours South East from Portland is Silver Falls State Park. It offers an easy seven mile hike called trail of ten falls. The waterfalls are amazing, you walk behind at least three of them. If you like to hike or experience waterfalls this place is not to be missed. Unfortunately a 15 year o...
by HJG0989
Mon Oct 08, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 69
Views: 14236

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

Thank you for this thread. I just put a copy on hold from my library. The first book had the biggest impact on me of any book I have ever read. I didn't read all of the stats, I just walked away with a simple roadmap to becoming financially independent and a strong belief that I could be successful....
by HJG0989
Sun Oct 07, 2018 11:51 am
Forum: Personal Investments
Topic: Management fees
Replies: 10
Views: 1052

Re: Management fees

Bogleheads is heavily skewed towards Do-It-Yourself investors, and there is a high level of prejudice against using advisers. Most of that prejudice is justified, some of it is not Anymore, Do-It-Yourself can be as easy as using one low cost fund in a tax sheltered account that has both stocks and ...
by HJG0989
Thu Oct 04, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 92
Views: 18168

Re: Why Edward Jones?

A friend who lives in a small town three hours away called me for advice. She needed to roll her 401k over to an IRA and begin taking withdrawals. She told me she had met with Edward Jones but they seemed expensive. I told her to make an appointment with Fido and I would go with her. I was really im...
by HJG0989
Mon Sep 17, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Rain Jacket recommendations and care
Replies: 32
Views: 2561

Re: Rain Jacket recommendations and care

IMHO, jacket and fabric manufacturers unconscionably overpromise what has been achieved regarding waterproofness / breathability. What is waterproof is not breathable and vice versa. I have a friend who leads hikes for the Sierra Club in Oregon (rain country). He says exactly the same thing. I'm an...
by HJG0989
Mon Sep 10, 2018 9:00 pm
Forum: Personal Investments
Topic: Working until the end of January for Roth contribution
Replies: 20
Views: 1819

Re: Working until the end of January for Roth contribution

What 123,said. Will you get paid for any unused vacation or sick time?
by HJG0989
Wed Aug 29, 2018 7:26 pm
Forum: Personal Investments
Topic: Fidelity and their "free advisor" service?
Replies: 44
Views: 7984

Re: Fidelity and their "free advisor" service?

I requested an account rep when I decided to move my Vanguard assets over to my Fido account. He was horrible. He screwed up the transfer and we had to meet twice. He started in on a sales pitch but didn't say what the product was. He tried to pull a bait and switch to get me to call him. What he ca...
by HJG0989
Tue Aug 28, 2018 10:14 pm
Forum: Personal Consumer Issues
Topic: Ladies: bra shopping question
Replies: 63
Views: 8925

Re: Ladies: bra shopping question

Look at how many views this thread has :D
by HJG0989
Mon Aug 27, 2018 11:38 pm
Forum: Personal Investments
Topic: Schwab ETF or Vanguard Mutual Funds (Taxable Account) ?
Replies: 22
Views: 2128

Re: Schwab ETF or Vanguard Mutual Funds (Taxable Account) ?

OP, Fidelity's ETFs don't pay out end of year capital gain distributions. If you buy and hold, this could save you some money.
by HJG0989
Sun Aug 12, 2018 12:30 am
Forum: Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 8427

Re: Moving from Vanguard to Fidelity

Fidelity doesn't have an advertised bonus at this time, but you can always ask. They didn't have an advertised bonus six months or so when I transferred, but I brought it up and got $2,500. I also received a hard core sales pitch which was annoying and less than honest from my Fido rep. I asked to ...
by HJG0989
Wed Jul 18, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 31
Views: 2518

Re: Heart Rate Monitors Fitbit vs. Garmin

Can't agree more with this. You really need to ask yourself why. Another highly competitive athlete (and former high-level triathlete like Lightheir) and exercise scientist for a living. I understand what both of you are saying. However, both of you are in the I’m guessing top 3% of the population ...
by HJG0989
Wed Jul 18, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about job change but current job gives 9% salary into 401k..
Replies: 27
Views: 3625

Re: Thinking about job change but current job gives 9% salary into 401k..

OP,

Are the skills required more marketable at one company over the other? Keeping an eye on your career path is very important at your stage.

Just a thought to consider.
by HJG0989
Mon Jul 16, 2018 8:51 am
Forum: Personal Investments
Topic: VTSAX vs. Fidelity Freedom Index Fund
Replies: 11
Views: 1942

Re: VTSAX vs. Fidelity Freedom Index Fund

OP, If you are investing for the long haul, a Fidelity index ETF is the way to go in your taxable account. Fidelity's ETFs don't generate end of year capital gains distributions, so that could save you some taxes as your income and investments grow. Also, an index fund is a great set it and forget i...
by HJG0989
Sun Jul 15, 2018 9:11 pm
Forum: Personal Investments
Topic: Fidelity PAS - starting the process to extricate
Replies: 9
Views: 1030

Re: Fidelity PAS - starting the process to extricate

Since he gets paid a bonus, he is not a fiduciary. The FINRA website will tell you what exams he has passed, like a CFP or a series 7x exam. Can you log in to your wife's account and see what her holds are? Do you know which PAS client they have you enrolled in? Will you ask them to sell their posit...
by HJG0989
Sun Jul 15, 2018 8:53 am
Forum: Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 32114

Re: Torn between Vanguard, Fidelity and Schwab

I have been at Fidelity since 1983 and can't remember a single instance where I would call it a sales pitch. They always talked to me about what options and services are available to the investor only and if only I ask them about something specific. Never have they approached me and tried to sell t...
by HJG0989
Wed Jul 11, 2018 3:42 pm
Forum: Personal Investments
Topic: Starting the "Three Fund Portfolio"
Replies: 14
Views: 4336

Re: Starting the "Three Fund Portfolio"

For tax efficiency, consider Fidelity's ETFs. They won't kick out year end capital gains distributions.

https://www.fidelity.com/learning-cente ... efficiency
by HJG0989
Wed Jul 11, 2018 12:00 am
Forum: Personal Investments
Topic: Financial adviser in Portland metro area
Replies: 11
Views: 1193

Re: Financial adviser in Portland metro area

I just found this person online and will call for an interview type of meeting. He is both a CPA and a CFP and will write up a plan for $250 per hour. http://pdxadvisors.com/services/financial-planning I need tax advice, but I also need someone who knows about Roth conversions, RMDs, ACA surtax, Med...
by HJG0989
Mon Jul 09, 2018 7:32 am
Forum: Personal Investments
Topic: Financial adviser in Portland metro area
Replies: 11
Views: 1193

Re: Financial adviser in Portland metro area

We met with someone from Garrett Network in PDX for a financial plan and it was unuseable because of numerous errors. I'm not sure she is in business any longer. I met with an account representative at Fidelity (downtown PDX) to have funds transferred from Vanguard recently and had a horrible experi...
by HJG0989
Thu Jul 05, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or keep shares of a private company?
Replies: 46
Views: 3846

Re: Sell or keep shares of a private company?

Another thank you for the update. This is a very interesting thread.
by HJG0989
Wed Jul 04, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Fidelity cash position
Replies: 55
Views: 8822

Re: Fidelity cash position

logat2 wrote:
Wed Jul 04, 2018 7:13 pm
I'll call fidelity and find out. Also money market funds are relatively risk-free and just a tad bit more riskier than a FDIC-insured CD right given MMA's invest much of their money in treasury, etc
Will you let us know what you find out? TIA!
by HJG0989
Sun Jun 24, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: car for long-distance driving
Replies: 80
Views: 5836

Re: car for long-distance driving

We test drove a lot of cars and settled on a 2014 Subaru Outback for cross country road trips (good in snow, big enough to feel safe on the highway and a comfortable ride) and a 2015 Honda Fit for the city (small enough to park and fun to drive).

We are happy with our decisions.
by HJG0989
Sun Jun 24, 2018 8:37 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 231
Views: 41326

Re: Amazon Customer Reviews and The Bogleheads' Guide to The Three-Fund Portfolio

Starchild wrote:
Sun Jun 24, 2018 7:53 pm
You’re a good guy Taylor.
+1

I would love to meet you some day, Taylor. Thank you for all you do to help the rest of us invest wisely.
by HJG0989
Sun Jun 24, 2018 8:22 pm
Forum: Personal Investments
Topic: Garrett Planning Network experiences
Replies: 14
Views: 1688

Re: Garrett Planning Network experiences

I went to a Garrett FP so my spouse could hear an opinion other than my own as to whether we could retire or not. The FP was an attorney who had passed the bar exam and had recently passed the CFP on the first attempt. The plan we received was so full of errors that we were given a full refund. Even...
by HJG0989
Thu Jun 21, 2018 5:11 am
Forum: Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5592

Re: How much of your taxable holdings is unrealized capital gains?

I'm 61 and have 40% of my non-tax sheltered assets in unrealized capital gains and 0 capital loss carryover.
by HJG0989
Wed Jun 20, 2018 11:15 pm
Forum: Personal Investments
Topic: help, inheritance of $3.5M, read & read BogleH, & still in the dark
Replies: 33
Views: 4793

Re: help, inheritance of $3.5M, read & read BogleH, & still in the dark

My advice is to keep it simple, broadly diversified, tax efficient and low cost. You can achieve all of this by using the three fund portfolio approach. If you go with individual stocks you will have to monitor them and quite possibly sell at times when you don't need the money. This could result in...
by HJG0989
Sun Jun 17, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of using CPA for taxes
Replies: 31
Views: 4475

Re: Benefits of using CPA for taxes

OP, Have you looked into Enrolled Agents? They specialize in taxes, unlike a CPA. I was able to find an EA who is also a CFP and charges a flat fee. If I like him, I may hire him to do my taxes. I have a lot of individual stocks and a lot of capital gains and I want to work with someone who understa...
by HJG0989
Fri Jun 15, 2018 12:22 pm
Forum: Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 74
Views: 9235

Re: Taking $1M+ Long Term Capital Gains

Hi viewer0, I'm in a similar situation with a $1million + capital gain in a taxable account. The gains are in individual stocks and I want to move the money into index funds. I would also like to move a rollover IRA into a Roth IRA, but that may not be feasible since I am 61 (I probably need to have...
by HJG0989
Thu Jun 14, 2018 12:18 pm
Forum: Personal Investments
Topic: Vanguard and Heirs, how was the transition?
Replies: 4
Views: 652

Re: Vanguard and Heirs, how was the transition?

We had no problems. Our stocks were pushed from the other institution. Also used Fido with no problems on another occasion.
by HJG0989
Fri Jun 08, 2018 8:32 am
Forum: Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 56
Views: 7352

Re: Large inheritance -- looking for advice

To some of the weird people above, more capital gains means good, not bad. No matter if you are paying taxes on them, you are earning money, not losing. Selling the stocks early on and reinvesting in index funds would still result in capital gains, but a lot of the gains would never be taxed if pas...
by HJG0989
Thu Jun 07, 2018 5:58 pm
Forum: Personal Investments
Topic: Large inheritance -- looking for advice
Replies: 56
Views: 7352

Re: Large inheritance -- looking for advice

I'd sell ALL the stocks as soon as possible and not attach any sentimental value to them. The ones in a taxable account: Get them gone before any of the capital gains get bigger. I second this. My spouse and I each lost a parent in 2009 when the market was low. We should have sold then and moved th...
by HJG0989
Tue May 15, 2018 9:23 am
Forum: US Chapters
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 12350

Re: Yes, I'm 89 all right!

Thanks for your post, it's great to hear from you!

And thank you so much for keeping investment costs so low. You are a hero.
by HJG0989
Thu May 10, 2018 12:20 am
Forum: Personal Investments
Topic: Estimated Tax on Large Capital Gain
Replies: 44
Views: 4208

Re: Estimated Tax on Large Capital Gain

I think this thread proves our tax code is too complicated.
by HJG0989
Sat Mar 24, 2018 4:08 am
Forum: Personal Investments
Topic: "I won the Lottery" update -
Replies: 33
Views: 9516

Re: "I won the Lottery" update -

Nicely done, OP!

Depending on when you want to retire, you could keep your winnings invested and spend your pay checks. Enjoy life now while having solid savings for the future.

I hope you stay on the forum and keep us updated.
by HJG0989
Wed Mar 14, 2018 6:41 pm
Forum: Personal Investments
Topic: Do I have enough saved to pull the trigger now? Or wait 1? 3? years?
Replies: 52
Views: 8348

Re: Do I have enough saved to pull the trigger now? Or wait 1? 3? years?

I would say go for it and try to stick to 4% WR. Working additional 3 years won't change much. Assuming you save 50% of your salary in the next 3 years this will increase your portfolio value by ~150K, not a lot if you look at the big picture. Worst case scenario if you feel you need extra money, y...
by HJG0989
Sun Mar 11, 2018 1:26 am
Forum: Personal Investments
Topic: 25YR old with considerable amount of cash
Replies: 48
Views: 7196

Re: 25YR old with considerable amount of cash

There is a lot of very good financial suggestions for you to ponder. I just wish to express how sorry I am for your loss. You are still young but you sound very mature and responsible. Your Mother did a good job of raising you. I wish you the best. Be especially kind to yourself during this difficul...
by HJG0989
Wed Feb 28, 2018 3:50 pm
Forum: Personal Investments
Topic: Sell individual stocks to buy index funds?
Replies: 50
Views: 5146

Re: Sell individual stocks to buy index funds?

OP, my spouse and I both inherited portfolios of stocks in 2009 when the stock market was really low. We were both too distraught to do anything. Well, the stock market took off and we were both in our high income years and didn't want to incur capital gains so we continued to do nothing. We now hav...
by HJG0989
Mon Feb 12, 2018 7:37 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Toothpaste
Replies: 22
Views: 4619

Re: Costco Kirkland Brand Toothpaste

I tried to buy some about three months and they didn't have any. The employee I talked to didn't know whether it was just out of stock or discontinued.