Search found 174 matches

by drzzzzz
Tue Apr 24, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: Using Vanguard’s advisors

livesoft wrote:
Tue Apr 24, 2018 1:49 pm
I have not seen how "most tax-efficient way" has ever been used by Vanguard when a transfer is done.
+1
by drzzzzz
Fri Apr 20, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about donating appreciated fund shares
Replies: 14
Views: 1183

Re: Questions about donating appreciated fund shares

I have gifted shares a few times, most recently the process was changed for me on how to gift since I was on the brokerage platform and the charitable institution had an older mutual fund account and Vanguard couldn't do across platform gifting (this time) so I had to change ownership of the shares ...
by drzzzzz
Fri Apr 20, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 90
Views: 8620

Re: Wanting to leave Fidelity

I will be curious to see what annoying calls if any that I receive from Fidelity since I am in the process of transferring two IRAs for my mother to Fidelity from another company and the Fidelity service that I have received so far has been outstanding. They have helped with paperwork, answered ques...
by drzzzzz
Fri Apr 20, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Financial planners [looking for one]
Replies: 26
Views: 1951

Re: Financial planners [looking for one]

I have used Allan Roth from Wealthlogic - website is DaretobeDull.com - charges by the hour, well credentialled, and had a similar view to mine about finances which meant we were more in synch. I thought his services were valuable and I would use him again, sometimes he posts on BH and is often quot...
by drzzzzz
Thu Apr 19, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Annuity and Trust Beneficiary
Replies: 1
Views: 158

Annuity and Trust Beneficiary

hi I am trying to help my mother organize her finances who has a TSA annuity that has her living trust as the beneficiary. I recall reading that a living trust becomes irrevocable at the death of the trustee so does that mean either a lump sum payment to the trust or is it paid out at the time of de...
by drzzzzz
Thu Apr 19, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard customer experience
Replies: 18
Views: 1724

Re: Vanguard customer experience

I have had numerous issues with Vanguard and while still a customer the issues continue, but seem to be different from episode to episode. My philosophy is to watch what they do closely so problems can get corrected. The most recent was with my niece who mailed in a check for an IRA contribution and...
by drzzzzz
Sat Apr 14, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 84
Views: 13339

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

It is dangerous to go without healthcare insurance. Quite a lot of people don't think so, but that's politics, so we cannot discuss it. It isn't about politics--the financial risk of a catastrophic illness can easily exceed the entire cost of a total loss on a home. And for someone who likes to rac...
by drzzzzz
Fri Apr 13, 2018 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy Portfolio - Using Fidelity ETF's Vs Vanguard ETF's
Replies: 29
Views: 2425

Re: Lazy Portfolio - Using Fidelity ETF's Vs Vanguard ETF's

Can the poster or someone else explain the following statement to me that the OP included "The estimated 2018 distributions would be $30,000 for the Vanguard ETF's and $22,000 for the Fidelity/iShares ETF's. " If these portfolios are pretty similar if not nearly identical why are distributions estim...
by drzzzzz
Thu Apr 12, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: TSA Annuity Accumulation and Income Phases
Replies: 3
Views: 241

Re: TSA Annuity Accumulation and Income Phases

Planning to call when I visit with my mom on Mionday since they won't talk to me unless she is there - I was just confused by the language and didn't know if anyone else had run across this.
by drzzzzz
Wed Apr 11, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5183

Re: Retirees: Who's increasing their equities as they age?

So much of this is recency bias because we have had an uptrending market for 8 years - when the stock market drops 50% and portfolios are smaller, people will think differently about stocks and I am sure investors in the Japanese stock market over the last 20 years have a different perspective as we...
by drzzzzz
Wed Apr 11, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: TSA Annuity Accumulation and Income Phases
Replies: 3
Views: 241

TSA Annuity Accumulation and Income Phases

Hi Was hoping someone could clarify recent paperwork that my 88.5 year old mother received regarding a 403B annuity that she has (she has not contributed to this annuity for many years). The paperwork mentions that her annuity contract has an accumulation phase and an income phase and that the trans...
by drzzzzz
Thu Mar 29, 2018 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Gifting Appreciated Stock/Mutual Funds to Family
Replies: 3
Views: 300

Re: Gifting Appreciated Stock/Mutual Funds to Family

pshonore wrote:
Thu Mar 29, 2018 11:57 am
You may want to review this thread for some of the pitfalls:
viewtopic.php?p=3852513#p3852513
Thank you pshonore really helpful thread, I didn't find that topic link when I did a search earlier.
by drzzzzz
Thu Mar 29, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Gifting Appreciated Stock/Mutual Funds to Family
Replies: 3
Views: 300

Gifting Appreciated Stock/Mutual Funds to Family

Hi I was reading this article by Michael Kitces on strategies for highly appreciated investments and embedded capital gains and there was a comment about giving the assets to charity, or possibly to children since their tax bracket might be lower - this got me to thinking about the reverse where you...
by drzzzzz
Wed Mar 21, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisory opinion on Vanguard Total World Index Fund
Replies: 11
Views: 1678

Re: Vanguard Personal Advisory opinion on Vanguard Total World Index Fund

From using Vanguard Personal Advisory services in the past, they have their own set of built-in limitations about funds that they use. You should really ask them this question if the plan is for the future after your demise.
by drzzzzz
Wed Mar 21, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 3709

Re: Has anyone had problems gifting Vanguard shares to an organization?

An update to the original question that was posted - I have been gifting shares regularly using the Giving Funds Shares to Organization form (as recently as December 2017); however, this week when I sent in the form for the same account and the same recipient organization, I was told it couldn't be ...
by drzzzzz
Sun Mar 18, 2018 8:53 pm
Forum: Investing - Theory, News & General
Topic: How much money can a CPA save you?
Replies: 52
Views: 5679

Re: How much money can a CPA save you?

This probably depends on the complexity of your return and how much tax law and research you want to put into it. It's also been beneficial for us since we also have to file state taxes in multiple states so discovering the nuances from each state is also not something we want to do.
by drzzzzz
Tue Mar 13, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 1099 Roth Conversion Error in Statement?
Replies: 7
Views: 497

Re: Vanguard 1099 Roth Conversion Error in Statement?

Yes, it is an IRS requirement that a TIRA distribution (includes conversions) be reported in Box 2a as well as Box 1. As others have stated, the amount in 2a is actually a provisional amount subject to change by filing Form 8606 AS LONG as the taxable amount not determined box is also checked. Many...
by drzzzzz
Tue Mar 13, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 1099 Roth Conversion Error in Statement?
Replies: 7
Views: 497

Re: Vanguard 1099 Roth Conversion Error in Statement?

stevew7 wrote:
Tue Mar 13, 2018 7:20 pm
Box 2b should be checked as taxable amount not determined.

Then you will fill out irs form 8606 with your tax return to establish the non deductible contribution in the traditional ira.
It is checked as taxable amount not determined, but box 2a has the full amount as taxable in Vanguard's form.
by drzzzzz
Tue Mar 13, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 1099 Roth Conversion Error in Statement?
Replies: 7
Views: 497

Vanguard 1099 Roth Conversion Error in Statement?

Hi Planning to call Vanguard, but wanted to confirm my suspicions. My nephew did a non-deductible after-tax IRA contribution at Vanguard and then did a roth conversion a few days later on-line through Vanguard's website. The 1099-R that Vanguard sent has the gross distribution of $5500 in box 1, as ...
by drzzzzz
Wed Mar 07, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Questions - Vanguard Personal Advisor Services
Replies: 11
Views: 1083

Re: Retirement Questions - Vanguard Personal Advisor Services

Thanks everybody for the advise. FYI it is Admiral shares, I used the wrong ticker. [*]I'm going to drop the Intl bonds to 5%. [/list] I will be curious to see Vanguard PAS response when you suggest international bonds of 5% - in the past when we had discussions with them they insisted upon a highe...
by drzzzzz
Sat Mar 03, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship Select Services
Replies: 17
Views: 2626

Re: Vanguard Flagship Select Services

FYI: Vanguard Trust Services does utilize VPAS, it’s a requirement. In addition to the fee structure of PAS, there’s an additional 0.2% for the Trust administration. Trusts must be >= 500K. You cannot hire VG, to solely distribute funds from a revocable Trust. Sachachtw - surprised by what you are ...
by drzzzzz
Thu Mar 01, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Donor Advised Fund (DAF) - Which Company to Use
Replies: 41
Views: 3513

Re: Donor Advised Fund (DAF) - Which Company to Use

Thanks for all the replies, I am entering a period for a few years where I want to do some roth conversions prior to RMD and social security. If I am not mistaken, the DAF allows me the opportunity to increase my contributions to the DAF which then should increase the space available for me to do Ro...
by drzzzzz
Wed Feb 28, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Donor Advised Fund (DAF) - Which Company to Use
Replies: 41
Views: 3513

Re: Donor Advised Fund (DAF) - Which Company to Use

After you start giving to a donor advised fund, are you required to distribute a certain percentage or dollar amount per year? What happens to the fund when you die? Actually, at Fidelity, you are required to make grant recommendations, although the time frame is very generous. You must make a reco...
by drzzzzz
Wed Feb 28, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Donor Advised Fund (DAF) - Which Company to Use
Replies: 41
Views: 3513

Re: Donor Advised Fund (DAF) - Which Company to Use

After you start giving to a donor advised fund, are you required to distribute a certain percentage or dollar amount per year? What happens to the fund when you die?
by drzzzzz
Wed Jan 24, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Use VG PAS for transfer from my current advisor?
Replies: 6
Views: 397

Re: Use VG PAS for transfer from my current advisor?

We transferred some funds from another advisor to Vanguard using PAS services - you will have to check with PAS, but there were a few mutual funds and more esoteric investments that Vanguard couldn't transfer and needed to be liquidated before the transfer if we wanted them transferred. Most of our ...
by drzzzzz
Wed Jan 24, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 12216

Re: Kitces article: A cash bucket in retirement? Nope

The drag on a portfolio from holding cash is way overblown. Online savings accounts, ibonds, CD's can perform almost as much as a short/intermediate bond fund but with less risk. Or call it a hefty emergency fund. Life happens and worrying about some small/negligible return difference between "bond...
by drzzzzz
Thu Jan 18, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands tighter than 5 / 25?
Replies: 17
Views: 1248

Re: Rebalancing bands tighter than 5 / 25?

. Jrbdmb, To quote Larry Swedroe http://seekingalpha.com/article/2130243-portfolio-rebalancing-the-whys-and-the-hows ". . . I suggest you use a 5/25 percent rule in an asset class's allocation before rebalancing is considered. That is, rebalancing should be considered if the change in an asset clas...
by drzzzzz
Wed Jan 17, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Bullied Me
Replies: 32
Views: 4894

Re: Vanguard Advisor Bullied Me

Thanks for all the comments. Here are some clarifications: I had/have an IRA which I’m not old enough to touch yet. I do not know the difference between individual or stock funds, sorry. Last year I opened a taxable individual brokerage account. When I called to set up the new account I was told th...
by drzzzzz
Wed Jan 17, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing bands tighter than 5 / 25?
Replies: 17
Views: 1248

Re: Rebalancing bands tighter than 5 / 25?

Is it reasonable to use tighter rebalancing bands like 2% / 10%? Note that my investments are at Vanguard and Merrill Edge (with free trades) so trading costs aren't a consideration; the only potential issue is additional taxable events in my non-retirement accounts. Sure. I'm an opportunistic reba...
by drzzzzz
Mon Jan 15, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory
Replies: 19
Views: 2444

Re: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory

I'm in the same boat and have been talking with both VPAS and SIA. After the initial conversation with VPAS they will manage any AA that you decide. They'll try their best to save you from yourself, but ultimately will do what you want. Mostly this means that you will end up with additional Vanguar...
by drzzzzz
Wed Jan 10, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Inflation Protected Bonds - Short or Longer Term Duration?
Replies: 11
Views: 1113

Inflation Protected Bonds - Short or Longer Term Duration?

While looking at Vanguard inflation protected bond funds they have both a short term fund VTIPX (vanguard short term inflation protected bond fund) and a fund with a much longer duration - VIPSX (Vanguard Inflation protected securities). For those that want to have inflation protected bond funds in ...
by drzzzzz
Mon Jan 08, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard app, mobile check deposits and all-in-one accounts
Replies: 7
Views: 1262

Re: Vanguard app, mobile check deposits and all-in-one accounts

I have complained to my Flagship rep about this issue for at least a year and a hal and he says they have no idea when it will get fixed. In the meantime, I also asked him to send me Vanguard addressed stamped envelopes so I can at least deposit checks without incurring a stamp expense. It's amazing...
by drzzzzz
Mon Jan 08, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 211
Views: 19815

Re: Memo to those who have won the game: it's time to quit playing

W Buffet has won the game long time ago but he is till playing the game. How to explain? It doesn't matter if you play or stop playing when you have his assets - money keeps coming in from dividends and capital gains. When you have so much, the portfolio can be 100% cash or 100% bonds or 100% stock.
by drzzzzz
Sun Jan 07, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Memo to those who have won the game: it's time to quit playing
Replies: 211
Views: 19815

Re: Memo to those who have won the game: it's time to quit playing

I find that people who provide commentary about not dialing back on risk, even if they have won the game, too often in the euphoria of an up market forget why they have been accumuilating assets and believe they are immune to markets dropping for long periods. Individuals assume the market will boun...
by drzzzzz
Thu Jan 04, 2018 8:26 pm
Forum: Investing - Theory, News & General
Topic: "VB Account Agreement"--Checkwriting? No written orders? What IS this really about?
Replies: 16
Views: 1491

Re: "VB Account Agreement"--is checkwriting on death row? What IS this really about?

I think this might be related to the following since it happened to us. Our older mutual fund account was upgraded to a brokerage account, but I didn't destroy the old checks on the prior prime account and continued to write checks on that account rather than through the new federal money market set...
by drzzzzz
Tue Jan 02, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: South Florida visit in early March
Replies: 20
Views: 1487

Re: South Florida visit in early March

If you like to bike, then rent bikes in the everglades at alligator alley on your way to Naples - neat to see all the alligators just lying about.
by drzzzzz
Mon Jan 01, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: PAS Tax advice?

Bogleheads: Vanguard advisors DO give tax-advice as stated on their website: https://investor.vanguard.com/financial-advisor/financial-planning Of course, they don't attempt to give tax-advice with complicated portfolios. No responsible advisor does. That is the job of a qualified tax-accountant. H...
by drzzzzz
Mon Jan 01, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Recommend me a good laser printer for a chromebook!
Replies: 26
Views: 2167

Re: Recommend me a good laser printer for a chromebook!

We have two canon pixma printer, the more expensive one is always off-line and needs to be reset. The cheaper one has never had a problem and use google cloud for printing with them. I also set up a wirless epson printer for my father with a chromebook and that has never had a problem - always onlin...
by drzzzzz
Mon Jan 01, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: IORP question/SS bug?
Replies: 23
Views: 1259

Re: IORP question/SS bug?

You are getting an early start - has I-orp been updated with new brackets and other changs happening with the 2018 law? The changes do not affect SS as of this time - the IORP does have an option to allow a lower or higher SS after the year 2035 but this situation occurs no matter which option you ...
by drzzzzz
Mon Jan 01, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Advice on advisor for retirement
Replies: 7
Views: 700

Re: Advice on advisor for retirement

You might look into Allan Roth at http://daretobedull.com/ who charges by the hour (not the cheapest out there), but I have found his advice to be reasonable and recommendations sound. He is a believer in Vanguard and bogle head concepts - google his name for his columns and writings in other public...
by drzzzzz
Mon Jan 01, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: IORP question/SS bug?
Replies: 23
Views: 1259

Re: IORP question/SS bug?

You are getting an early start - has I-orp been updated with new brackets and other changs happening with the 2018 law?
by drzzzzz
Sun Dec 31, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: What is best tax software for free filing - low income retirees?
Replies: 16
Views: 892

Re: What is best tax software for free filing - low income retirees?

Carl53, There is a similar program Volunteer Income Tax Assistance (VITA) sponsored by the United Way and IRS that is like the AARP Foundation Tax-Aide program. You might check to see if that program is available locally. I concur look into AARP tax aide sites - free taxes for the elderly by traine...
by drzzzzz
Sun Dec 31, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: Using Vanguard’s advisors

They check the account four times a year and rebalance if the asset allocation is more than 5% off, and they lock in the asset allocation so that it's difficult to change (perhaps as a deterrent to selling in fear in a market collapse). How do they do that? I think that is an incorrect characteriza...
by drzzzzz
Sat Dec 30, 2017 10:18 pm
Forum: Personal Consumer Issues
Topic: Tea recommendations
Replies: 19
Views: 2568

Re: Tea recommendations

Bought a bag of loose turkish tea through ebay that was great (and well priced) - just like when we were in Istanbul, nice rich flavor
by drzzzzz
Sat Dec 30, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Phone Encryption
Replies: 4
Views: 580

Phone Encryption

I have a Samsung Note 4 phone (android) and am looking at encrypting the device since the option is available with the newer software that has since been installed. How much does encryption slow down the use of a device when starting it up or opening up the home page after signing in? Is this someth...
by drzzzzz
Fri Dec 29, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: Using Vanguard’s advisors

I'm really shocked about them only using average cost... unless it's for VG funds that are so old that that is all they have available. They were both covered and non-covered shares. By using average cost they don't have to worry about the nitty gritty detail about which shares to sell in a taxable...
by drzzzzz
Fri Dec 29, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: Using Vanguard’s advisors

It makes one wonder what is the point then of using them. Clearly, you found there was no point. We had that conversation with the Vanguard PAS supervisors since that was their question as well, why did we start using them. For us, it was initially related to making the process easier for spouse si...
by drzzzzz
Fri Dec 29, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: Concern that somebody else can open a new fund for me without permission?
Replies: 23
Views: 2140

Re: Vanguard security: Somebody else can open an account for me without my knowledge

JW - Vanguard has similar transfer forms that can be mailed. I take a simpler route. I use my Vanguard MM checks to deposit funds into the sons' accounts. It costs some postage, but no gas :D Maybe the OP will enlighten us. Dale I also take this approach but you should save the postage - since Vang...
by drzzzzz
Fri Dec 29, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: Using Vanguard’s advisors

^Thanks very much for the comment and all the gory extra detail, too. I'm flabbergasted by what you wrote. From our conversations, my take is they don't want to provide tax advice since they are not accountants so they rigoroursly avoid recommendations related to taxable issues and by using a stand...
by drzzzzz
Fri Dec 29, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 58
Views: 5704

Re: Using Vanguard’s advisors

Now here's a specific question for folks who use Vanguard PAS (although I think they don't participate much in bogleheads.org): If you have a taxable account using Vanguard PAS, do they use Specific Identification for the Cost Basis Method for the funds in the taxable account? Or what Cost Basis Me...