Search found 5786 matches

by mhalley
Mon Jul 16, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Stock, Bond, REIT allocation to traditional & Roth IRA
Replies: 2
Views: 197

Re: Stock, Bond, REIT allocation to traditional & Roth IRA

It probably doesn’t matter that much, but I prefer to have funds that will appreciate the most in Roth, so I vote for the stock and reit funds there. The main reason is that there are no rmds on Roth accounts.
https://obliviousinvestor.com/stocks-in ... ional-ira/
by mhalley
Sun Jul 15, 2018 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity PAS - starting the process to extricate
Replies: 8
Views: 624

Re: Fidelity PAS - starting the process to extricate

Talking someone that is “difficult and unpredictable” into allowing you to manage their retirement account sounds like a recipe for disaster to me. If they are charging 1%, and your retirement accounts are say 50/50, look at it as being charged .5% for your entire portfolio anc consider calling it a...
by mhalley
Sun Jul 15, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Getting antsy with indexing? Reporter doing story.
Replies: 10
Views: 2195

Re: Getting antsy with indexing? Reporter doing story.

They are probably getting antsy due to the increasing popularity of indexing and articles like this
https://www.morningstar.com/videos/8366 ... o-big.html
by mhalley
Sun Jul 15, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: What to sell for Mom's RMD
Replies: 15
Views: 1006

Re: What to sell for Mom's RMD

I didn’t specifically address the funds in my first post, but I agree getting out of the active high er funds would be a great idea.
by mhalley
Sun Jul 15, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: What to sell for Mom's RMD
Replies: 15
Views: 1006

Re: What to sell for Mom's RMD

Does she desire to simplify her portfolio or is she happy keeping the individual stocks? The standard response would be to sell all individual stocks and actively managed funds (maybe keep a few stocks but no more than 10% of equities) and buy into the 3 fund portfolio. This is a total stock market ...
by mhalley
Sat Jul 14, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth mess up
Replies: 4
Views: 530

Re: Backdoor Roth mess up

Just report it and pay the minuscule taxes. See this post on pennies in the backdoor Roth.
https://www.whitecoatinvestor.com/penni ... -roth-ira/
by mhalley
Sat Jul 14, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: How to determine weights within portfolio
Replies: 29
Views: 1280

Re: How to determine weights within portfolio

A reasonable portfolio is one that is well diversified, low cost and passive. The exact percentage of the underlying positions can’t be known, so you have to make a decision, but when you do it is one you should stick with unless new information comes to light that makes the previous portfolio null....
by mhalley
Sat Jul 14, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Catch up on retirement or pay mortgage faster?
Replies: 4
Views: 595

Re: Catch up on retirement or pay mortgage faster?

A 4.25% mortgage is a great rate. If you were planning on staying in the house after retiring, it might make sense to ensure you retired with no mortgage. Since you going to move, I would pay the mortgage as agreed and step up reirement savings. I assume you are moving to a lower col area so you wil...
by mhalley
Fri Jul 13, 2018 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: College savings plans - Roth vs. 529
Replies: 27
Views: 1972

Re: College savings plans - Roth vs. 529

This is what makes personal finance so interesting. There is no one answer that is 100% right every time without exception. (Well, maybe Dave’s baby steps) :beer Here is a post by doughroller about not using Roth for anything but retirement. Many do use them for other things, and if they have though...
by mhalley
Fri Jul 13, 2018 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for Advice on portfolio and PAS
Replies: 7
Views: 645

Re: Looking for Advice on portfolio and PAS

You would create a spreadsheet that figures out the rebalancing for you, or use the vanguard website or other aggregator such as personal capital or sigfig. The wiki has links to several spreadsheets. https://www.bogleheads.org/wiki/Rebalancing This forum thread discusses using vanguards portfolio w...
by mhalley
Fri Jul 13, 2018 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6429

Re: Dave Ramsey made me laugh today

Speaking of Dave, I was listening to Clark Howard today and a lady called in who wanted to refinance her adjustable rate mortgage, but no bank would let her because she had 200k of parent student loans for her sons out of state undergraduate degree in digital something or other. Apparantly the arm c...
by mhalley
Fri Jul 13, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6429

Re: Dave Ramsey made me laugh today

Many growth and income funds use bonds for part of their income. American funds are sort of alluded to by Dave, and if you look at American funds growth and income portfolio (GAIOX), it has 18% bonds and 5% cash. You wouldn’t know this unless you read the prospectus or looked it up at Morningstar. h...
by mhalley
Wed Jul 11, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out taxable account to payoff student loans?
Replies: 6
Views: 540

Re: Cash out taxable account to payoff student loans?

Paying off loans that have a relatively low interest rate is one of the things that makes personal finance personal. Being debt free except for a mortgage is a great feeling. In addition, gettin rid of those lousy funds is a plus. Assuming you have held them long enough to qualify for lt cap gains o...
by mhalley
Wed Jul 11, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7387

Re: Whole Life - We're doing it. What to look for?

Perhaps tax on the poor should be rephrased as tax on the financially gullable. I remember as a child the insurance man coming to the house once a month to collect money from my mom, included in this was whole life insurance for us kids. Once I grew up and realized what a bad deal it was, I had my m...
by mhalley
Wed Jul 11, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: College savings plans - Roth vs. 529
Replies: 27
Views: 1972

Re: College savings plans - Roth vs. 529

I am not in favor of using retirement accounts for other purposes. There are many ways to pay for college, but only one to pay for retirement. If you don't like 529 plan restrictions, either set up an UTMA account or just invest in a taxable account.
by mhalley
Wed Jul 11, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Recurring investments in taxable account
Replies: 26
Views: 1842

Re: Recurring investments in taxable account

The wiki has a section on tda that might be helpful (note that it recommends the above spdr etf)
https://www.bogleheads.org/wiki/TD_Ameritrade
But I agree that if you want funds instead of etfs, open a vanguard account and transfer the tda money there.
by mhalley
Wed Jul 11, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Dividing investments across Fidelity/Vanguard
Replies: 7
Views: 728

Re: Dividing investments across Fidelity/Vanguard

Move to your desired portfolio and asset allocation all at once. Nothing is gained by waiting and you are most likely paying higher expenses. This is different than the invest now vs dollar cost averaging question as you are already invested.
by mhalley
Wed Jul 11, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Planner meeting
Replies: 17
Views: 1862

Re: Financial Planner meeting

The only annuities bogleheads can agree on is an SPIA. (Single fixed income annuity). In general, your state will have a fund that will pay out in the event that the insurance company you do business with for the annuity defaults. You can click on your state here to see the limit for yours. http://w...
by mhalley
Wed Jul 11, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing non-technocrat spouse $ Mgmt
Replies: 25
Views: 2092

Re: Preparing non-technocrat spouse $ Mgmt

I am not quite convinced my wife would be comfortable managing the portfolio even If I switched all retirement accounts to target date funds, so I have instructed here to roll everything into Vanguards PAS. Not ideal, but certainly not the worst option out there.
by mhalley
Wed Jul 11, 2018 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2839

Re: Credit score after becoming debt free?

Your credit score will not be as high if you have no outstanding debt other than credit cards that you pay off monthly. However, it will still be high enough to get the top tier rewards for having a high credit score, ie. lower insurance, low mortgage rate, eligible for zero percent car loans etc. I...
by mhalley
Wed Jul 11, 2018 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4627

Re: Self Employed 48years old and nothing saved for retirement

With only 20 years to go till retirement I don't think I would look at buying a house debt free unless the debts are huge with very large interest rates. I would save a 20% down payment and take out a 15-20 year mortgage. Depending on the interest rate of the debt, I would not put off saving for ret...
by mhalley
Wed Jul 11, 2018 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Rolling over tIRA and re-balancing taxable account
Replies: 2
Views: 167

Re: Rolling over tIRA and re-balancing taxable account

I would roll it into the solo 401k. That way you always have control. Many companies have changed 401k plans for the worse, going from a good plan to a bad plan. I wouldn’t pay taxes to rebalance. I would rebalance by adding bonds to tax deferred, and even to taxable. There will be a downturn at som...
by mhalley
Tue Jul 10, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2842

Re: What's up with Wells Fargo

A financial institution successfully duped your children in an (unsuccessful) attempt to extort fees from them, and you still do business with them. :oops:
by mhalley
Tue Jul 10, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can't decline employer LTD policy. Should I buy up?
Replies: 9
Views: 1153

Re: Can't decline employer LTD policy. Should I buy up?

I agree that the 200k cutoff seems odd. I think 3rd part is much better overall.
by mhalley
Tue Jul 10, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Can't decline employer LTD policy. Should I buy up?
Replies: 9
Views: 1153

Re: Can't decline employer LTD policy. Should I buy up?

Clark Howard recommends using workplace Ltd until salary exceeds 200k, then recommends 3rd party. I don’t know the reasoning behind this.

https://clark.com/insurance/new-advice- ... insurance/
by mhalley
Tue Jul 10, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA question
Replies: 11
Views: 595

Re: Inherited IRA question

I think that it would be reasonable to keep bonds in the inherited Ira to minimize rmds. What are you doing with the rmd? spending it so you can max out retirement accounts, or already maxing out so investing it in a taxable account? Check out this thread https://www.bogleheads.org/forum/viewtopic.p...
by mhalley
Tue Jul 10, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Excellent Vanguard Service!
Replies: 1
Views: 431

Re: Excellent Vanguard Service!

Nice to hear. I believe the statistic is something like bad customer service is shared 3 times as much as good, although it seems much more than that on the forum.
by mhalley
Tue Jul 10, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Non-qualified retirement plan - should I enroll?
Replies: 5
Views: 267

Re: Non-qualified retirement plan - should I enroll?

So it's all match money that you would otherwise not get? If so, what is the downside? I don't think I could put my money in it, but if it is money that would otherwise be left on the table I would.
by mhalley
Tue Jul 10, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2842

Re: What's up with Wells Fargo

Ditto. They are practically a criminal organization. This is a fine opportunity to move the account.
by mhalley
Tue Jul 10, 2018 1:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard w/ Morningstar - Worth It?
Replies: 2
Views: 427

Re: Vanguard w/ Morningstar - Worth It?

Veery doubtful that it would be worth it. The closest thing to management should be a selection of tr funds.
by mhalley
Mon Jul 09, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: [How do I invest my SEP IRA?]
Replies: 2
Views: 125

Re: [How do I invest my SEP IRA?]

It is not that difficult to become a diy investor. I don’t know off the top of my head what is available for low cost at etrade, but I imagine doing a 3 fund portfolio with their Schwab NTF funds would be the best way to go. Start off at the wiki and read it and some of the recommended books. Here a...
by mhalley
Mon Jul 09, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: AAPL and Tax-Gain Harvesting
Replies: 10
Views: 719

Re: AAPL and Tax-Gain Harvesting

I think most would say sell the apple for zero gains and buy total stock market index. Certainly keep some, but
it should be no more than 10% of equities.
by mhalley
Mon Jul 09, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2363

Re: E- Billing & Autopay

ebill is different from bill pay. I can pay anyone through online billpay. I think with ebill, the bill goes automatically to the bank and I don't have to gather statements and put the amount in manually. You also have the option to make the payments recurrent. I haven't set it up to see how it actu...
by mhalley
Mon Jul 09, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: What should I do with my taxable account?
Replies: 9
Views: 1825

Re: What should I do with my taxable account?

I wanted to have bonds in my taxable account when I retired as I planned to live off the taxable account as long as possible before having to access the IRAs. I felt that having bonds would mitigate the risk of retiring, having a large stock market drop (sequence of returns risk) resulting in my dep...
by mhalley
Mon Jul 09, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Any new info on passthrough deductions for corp?
Replies: 5
Views: 533

Re: Any new info on passthrough deductions for corp?

I don't know if this is anything new, but wci had a post regarding it after the tax act passed. It has a cute little flow chart :happy https://www.whitecoatinvestor.com/pass-through-income-deduction/ and he discusses it on his podcast here: https://www.whitecoatinvestor.com/tax-cut-and-jobs-act-pass...
by mhalley
Mon Jul 09, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: WiFi router
Replies: 35
Views: 2445

Re: WiFi router

Asus has added mesh network capability to a lot of their routers. One option is to buy one, and if it does not work well then add another that is on the list of mesh capable ones. They call their system aimesh, this site gives a list of compatible routers. You can mix and match. https://www.asus.com...
by mhalley
Sun Jul 08, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Increasing bond exposure, but confused by rating
Replies: 5
Views: 315

Re: Increasing bond exposure, but confused by rating

Morningstar Fund ratings are a terrible way to pick mutual funds. Every fund prospectus says "past performance is no guarantee of future results". The star rating is basicallly just looking at recent past performance. The bogleheads philosphy is that we do not think managers can consistantly outperf...
by mhalley
Sun Jul 08, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Accidental Death & Dismemberment Insurance
Replies: 22
Views: 1422

Re: Accidental Death & Disability Insurance

Clark Howard calls this
one of the most egregious insurance rip-offs there is
.
by mhalley
Sun Jul 08, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Why 3-funds and not 4-funds or even 2-funds?
Replies: 56
Views: 4330

Re: Why 3-funds and not 4-funds or even 2-funds?

Why not x number of funds is summed up nicely in White Coat Investors "150 portfolios better than yours" post. The truth is that no one knows which portfolio is going to outperform in the future. You can change all the factors you want- more or less diversification, additional risks/factors, lower c...
by mhalley
Sun Jul 08, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Socially Responsible Funds (I want to be socially irresponsible)
Replies: 34
Views: 1801

Re: Socially Responsible Funds (I want to be socially irresponsible)

My wife also wanted to invest in socially responsible funds. I tried to explain that it was a bad idea. In the end, happy wife, happy life, so I invested her roth IRA in a few socially responsible funds, including the vanguard one. ( I think it has actually outperformed my roth as mine had a lot of ...
by mhalley
Sun Jul 08, 2018 2:26 am
Forum: Investing - Help with Personal Investments
Topic: Investing in real estate with Roth IRA
Replies: 8
Views: 789

Re: Investing in real estate with Roth IRA

Real estate has many tax advantages and real estate in iras has many complicated rules. No personal experience but Clark Howard thinks it is a bad idea. Thinking that any real estate market is immune to a downturn seems overly optimistic. https://clark.com/homes-real-estate/dangers-owning-real-estat...
by mhalley
Sat Jul 07, 2018 6:48 pm
Forum: Local Chapters and Bogleheads Community
Topic: First Post [New to forum, using two-fund portfolio]
Replies: 17
Views: 1054

Re: First Post [New to forum, using two-fund portfolio]

The enemy of a good plan is the search for the perfect plan. You could do much worse. A couple of similar quotes: “We lose perspective on the quality of our creations the moment we create them. And the more we pore back over them in pursuit of a fresh perspective, the farther it moves away from us. ...
by mhalley
Sat Jul 07, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: how to diagnose problem with cable internet speed
Replies: 21
Views: 1834

Re: how to diagnose problem with cable internet speed

Several years ago I was having multiple problems with my internet. Tech out multiple times, always showed everything was fine, including the signal strength at the modem. Then one time they came out and he replaced every connector in the path to the modem (ie, cut an inch of and put a new connector ...
by mhalley
Sat Jul 07, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2363

Re: E- Billing & Autopay

Just checked the mail and the electric bill came, so that is not a problem.
by mhalley
Sat Jul 07, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2363

E- Billing & Autopay

I am having a problem with my paper electric bill not being sent to my house. I double checked online and am not signed up for e-bills, but for paper statements. I have been reluctant to go to an all e-bill system for expenses (water, power, internet, CC, etc), in part because of concerns with compl...
by mhalley
Sat Jul 07, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Global Wallet/Organizer
Replies: 4
Views: 437

Re: Global Wallet/Organizer

I use the Spec Ops. It has holes so you can convert it to wear around your neck for visiting those pickpocket prone areas. Comes in several sizes and styles. Nylon instead of leather, but has held up very well. https://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Dsporting&field-keywords=specop...