Search found 278 matches

by b42
Tue Sep 18, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help with limited 401k fund options
Replies: 6
Views: 299

Re: Help with limited 401k fund options

Doesn't look terrible. A quick internet search shows Wells Fargo/BlackRock S&P 500 Index CIT Class N shares with a .034ER. Thats not bad (really good, actually) These could be some solid choices you can work with if you can confirm the ERs as other posters have stated. I second the S&P 500 fund. De...
by b42
Fri Sep 14, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3526

Re: Should I get a new iPhone?

I upgraded from an iPhone 5 last year when the iPhone X came out.

Totally worth it, it's a much better and faster phone. The 5 was bordering on unusable for what I needed it to do.

You've skipped enough generations where the new phones should be much better than what you have now.
by b42
Thu Sep 06, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Please review consolidated Portfolio and advice
Replies: 6
Views: 371

Re: Please review consolidated Portfolio and advice

1. Agree 2. Agree 3. I would do some more research on the backdoor Roth IRA: https://www.bogleheads.org/wiki/Backdoor_Roth_IRA . I'm not sure you can do what you are proposing, but I'll leave that to the other forum users who have done this before. 4. For the Roth IRA, Vanguards Total US Stock, Inte...
by b42
Mon Sep 03, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review request
Replies: 4
Views: 456

Re: Portfolio Review request

I think you have a good portfolio size and $2 million in about 20 years should be attainable. Your current portfolio is a bit complicated. It would be difficult to decide when and where to rebalance. Here's an example to simplify (it's an extreme simplification, but it's a valid strategy): His 401k:...
by b42
Mon Sep 03, 2018 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Help w/3 Fund Selections from Employer
Replies: 16
Views: 1228

Re: Help w/3 Fund Selections from Employer

I've been crunching the numbers and it's quite hard to ascertain because I teach a lot of extra classes beyond my contract (and at other schools) so it's a weird calculation. I guess I'm operating a bit on the assumption that "it will be nice if I actually get my pension - but I can't count on anyt...
by b42
Sun Sep 02, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help w/3 Fund Selections from Employer
Replies: 16
Views: 1228

Re: Help w/3 Fund Selections from Employer

Welcome to the forums! Do you have a general projection of what you think you and your wife's future pensions will be worth at retirement? That will affect how much risk you need to take. Most of the funds on the Nationwide site aren't too great, but I do see some Vanguard funds like the 500 Index. ...
by b42
Sun Sep 02, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting Guidance/Advice for Rebalancing and De-Risking a 7-Figure Portfolio (TD Ameritrade)
Replies: 5
Views: 603

Re: Requesting Guidance/Advice for Rebalancing and De-Risking a 7-Figure Portfolio (TD Ameritrade)

Welcome to the forums! What are the current accounts you have and what are the holdings? If everything is tax-deffered you can make moves without tax issues. You may be better served with picking one bond fund right now before slicing and dicing into varying maturities. Vanguard's Total Bond Fund In...
by b42
Tue Aug 28, 2018 6:04 am
Forum: Investing - Help with Personal Investments
Topic: cost basis research
Replies: 8
Views: 452

Re: cost basis research

I know it's not the exact question you asked (and not knowing the dollar value of the gifted stock), but if you tend to donate money to charity each year, you could see if they accept appreciated stock. That way you avoid paying the capital gains tax, don't have to figure out the cost basis, and can...
by b42
Sun Aug 26, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Reallocating my 403b - Advice welcome!
Replies: 16
Views: 806

Re: Reallocating my 403b - Advice welcome!

You mention that you have several retirement accounts. If you think of all these accounts as one single portfolio, you can split investments and put the best options for each account. I would create a quick spreadsheet of all your accounts and funds to see what the overall allocation percentages are...
by b42
Sun Aug 26, 2018 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Personal Retirement Fund Dilemma (No Employer Option)
Replies: 7
Views: 550

Re: Personal Retirement Fund Dilemma (No Employer Option)

Instead of cashing out your 401k, why not roll it over to a Traditional IRA to avoid the tax penalties? https://www.bogleheads.org/wiki/401(k)#Rollovers You can then hold a Traditional IRA and a Roth IRA, and then continue to fund the Traditional IRA. Or if you prefer you can do a backdoor Roth IRA:...
by b42
Thu Aug 23, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Switching to the 3-Fund Portfolio - Vanguard or Fidelity Zero Funds?
Replies: 5
Views: 693

Re: Switching to the 3-Fund Portfolio - Vanguard or Fidelity Zero Funds?

^^ I agree. Both funds are at rock-bottom costs, but I would consider Vanguard due to their funds being around for a long time and having a consistent track record. If you search the forums there are some threads on this with good discussions. And the actual cost difference between them is relativel...
by b42
Thu Aug 23, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Recently retired. Are we on the right track?
Replies: 7
Views: 1288

Re: Recently retired. Are we on the right track?

You mention that you are "nowhere knowledgeable enough or comfortable with managing our own funds". It could be the case your advisor is doing exactly what you are paying him for, but perhaps he/she has a different investing philosophy than the general consensus of this board. But, it's a good idea ...
by b42
Thu Aug 23, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or Pay off Student Loans
Replies: 40
Views: 2108

Re: Invest or Pay off Student Loans

A backdoor Roth IRA would require you to pay taxes on the contributions, which doesn't make financial sense when you have relatively-high interest debt.

Check this link for more in-depth information:
https://www.bogleheads.org/wiki/Backdoor_Roth_IRA
by b42
Thu Aug 23, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 215
Views: 12253

Re: Good Non-Boring Boglehead Cars Under $30k

Throwing in a vote for a new Honda Civic. I am leasing a 2017 Civic EX with Sensing, but I believe the sale price if I bought it would have been around 22k before taxes.
by b42
Thu Aug 23, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Recently retired. Are we on the right track?
Replies: 7
Views: 1288

Re: Recently retired. Are we on the right track?

Some questions/notes: Does the Fidelity Advisor currently only have control over the Roth IRAs (and the Traditional IRA which you mentioned will be rolled over at some point)? What is his/her fee or AUM (assets under management) charge? I count nine funds in your IRA, which seems excessive consideri...
by b42
Thu Aug 23, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity- Alternative Investments
Replies: 11
Views: 672

Re: Variable Annuity- Alternative Investments

Welcome to the forums! We will need more information in order to get a better picture of the situation. What is the retired relative currently invested in? What are all of the fund options available? Does your relative have other sources of retirement income? You mention your relative is aware of th...
by b42
Wed Aug 22, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or Pay off Student Loans
Replies: 40
Views: 2108

Re: Invest or Pay off Student Loans

Welcome to the forums! Your first goal should be to pay down some debt. I see about $180k in yearly income, but over $621,500 in debt, almost 3.5x you income. Pretending the average interest rate is 4% for everything, that's almost $25k a year in interest. I would keep your 401k contributions as-is ...
by b42
Sun Aug 19, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Request: Considering removing advisor from IRA
Replies: 19
Views: 1896

Re: Advice Request: Considering removing advisor from IRA

1. I would try to see how you can go about selling the bonds from your account. If you end up buying a total bond market fund, you won't need the individual holdings. The DUE date I assume is the maturity date when the bond holder is required to pay back the principal to you. If you choose to ride t...
by b42
Sat Aug 18, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Lending money to Goldman Sachs?
Replies: 6
Views: 1243

Re: Lending money to Goldman Sachs?

If the rate of return you receive is only 3% for a few years, there are some 3 year CDs approaching 3% that would be almost as much income without all of the hassles of a broker-offered callable security.
by b42
Sat Aug 18, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Request your help - new to self managed investments
Replies: 6
Views: 475

Re: Request your help - new to self managed investments

P&S, welcome to the forums! Do you have any records of your tax-loss harvesting from your advisor? I'm curious because it would only apply to taxable accounts. So if the majority of your portfolio is in tax-advantaged accounts, the actual benefit would be relatively small. If you can list the invest...
by b42
Sat Aug 18, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Advice Request: Considering removing advisor from IRA
Replies: 19
Views: 1896

Re: Advice Request: Considering removing advisor from IRA

The 3 fund portfolio you have listed above is excellent. The only "issue" I see is that emerging markets is not included in the international ETF (I don't see an international equity ETF at Schwab that covers all non-us companies), but their mutual fund Schwab International Index (SWISX) appears to....
by b42
Thu Aug 16, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Advice Request: Considering removing advisor from IRA
Replies: 19
Views: 1896

Re: Advice Request: Considering removing advisor from IRA

Welcome to the forums! You mention that the bulk of your retirement funds is in your IRA. Assuming $1 million of the $1.69 million is located there, that means you are paying $7,000 a year in advisor fees. Per year. If you want to keep an advisor due your unique retirement plans, you could always sw...
by b42
Wed Aug 15, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify - 18 holdings all less than 1% of total portfolio
Replies: 11
Views: 766

Re: Trying to simplify - 18 holdings all less than 1% of total portfolio

Welcome to the forums! If your goal is to simplify and you already have a portfolio in the $1 million range, you could wait to try and Tax-Loss Harvest. The other option is to spread out the tax hit over a few years and start selling off some of the holdings (but if you can easily save $70k in 18 mo...
by b42
Tue Aug 14, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Deferred Annuity & Investment Options
Replies: 17
Views: 1013

Re: Fixed Deferred Annuity & Investment Options

AtlasV wrote:
Tue Aug 14, 2018 10:34 am
I'm not sure how CD's work vs annuities when it comes to IRA monies.
To confirm, do you have a Traditional IRA and/or a Roth IRA?
by b42
Tue Aug 14, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Beginner Help with inheritance
Replies: 10
Views: 828

Re: Beginner Help with inheritance

Welcome to the forums!

The first thing to do is to take a step back and come up with a plan. If you can, hold off on making any immediate decisions.

Check out this wiki article here:

https://www.bogleheads.org/wiki/Managing_a_windfall
by b42
Tue Aug 14, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Fixed Deferred Annuity & Investment Options
Replies: 17
Views: 1013

Re: Fixed Deferred Annuity & Investment Options

Welcome to the forums! Some questions: 1. You mentioned new investment advisor. Did you recently switch advisors? What does the new advisor charge for their services (flat fee, AUM)? 2. Can you provide more information about the fixed deferred annuity? I'm wondering if the reason that the advisor is...
by b42
Mon Aug 13, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: much better ytd return than the vg s&p 500
Replies: 7
Views: 884

Re: much better ytd return than the vg s&p 500

Looking at the funds you have listed, they appear to be small cap and growth funds. What do you mean by "try them out"? I think you may be chasing returns. If the funds were suddenly returning less than the S&P 500, would you switch back? You could argue that in a diversified portfolio one or more o...
by b42
Mon Aug 13, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Making money last through retirement
Replies: 26
Views: 4668

Re: Making money last through retirement

Welcome to the forums! You are right to ignore the sales pitch from Transamerica. The variable annuities and whole life policies they are trying to sell you are a great deal...for the salesperson. These types of products get them big commissions, and even though they have their uses, they are almost...
by b42
Wed Aug 08, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: 401K Fund Allocation
Replies: 14
Views: 670

Re: 401K Fund Allocation

That is a great idea and I wish I thought of it sooner! To be honest, I don't recall why I picked two date funds. I think they were rushing me to get it in so I just did that. My only question is how to balance the exposure of the SP 500 to the total stock market? I.e. how do I get that remaining e...
by b42
Wed Aug 08, 2018 8:16 am
Forum: Investing - Help with Personal Investments
Topic: 401K Fund Allocation
Replies: 14
Views: 670

Re: 401K Fund Allocation

Is there a reason that you hold both the 2050 and 2055 target retirement funds? They appear to hold the exact same funds: (From Vanguard's website) Vanguard Total US Stock - 54.3% Vanguard Total Intl Stock - 35.5% Vanguard Total US Bond - 7.20% Vanguard Total Intl Bond - 3.00% You could simplify by ...
by b42
Fri Aug 03, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parent's Retirement Account (too much cash!)
Replies: 12
Views: 1865

Re: Advice for My Parent's Retirement Account (too much cash!)

MotoTrojan already covered the IRA situation, so moving out of and into different assets won't cause tax issues. Vanguard does offer their advisory service, but for a simple portfolio it is relatively easy to set up and maintain yourself. So this change immediately saves about $4,800 in fees (no 0.5...
by b42
Fri Aug 03, 2018 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Advice for My Parent's Retirement Account (too much cash!)
Replies: 12
Views: 1865

Re: Advice for My Parent's Retirement Account (too much cash!)

Welcome to the forums! A few questions, notes: 1. When you say taxable IRA, do you mean a Traditional IRA (just making sure this isn't a non-deductible IRA)? 2. There is no reason to pay the broker fee. You can switch to somewhere else like Vanguard or Fidelity and not pay a broker fee. 3. Can you l...
by b42
Thu Aug 02, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Co - signed a Mortage, Now wants out
Replies: 57
Views: 6187

Re: Co - signed a Mortage, Now wants out

I would imagine that you have to refinance. Even if you could simply swap your sister with yourself on the mortgage, that would definitely increase the risk from the bank's perspective and the interest rate would be too low.
by b42
Thu Jul 26, 2018 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Allocation for 47 yo wanting to retire in 10 years
Replies: 19
Views: 2766

Re: Allocation for 47 yo wanting to retire in 10 years

Welcome to the forums!

Does your current employer offer retiree insurance benefits, or will you need to buy your own insurance from ages 57-65? That additional expense may change the math of your projected retirement income.
by b42
Wed Jul 18, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 4011

Re: Buy a vacation home while renting

Welcome to the forums! I think the reason you are hearing "pay down debt" so much is that the concern is the amount of debt rather than the interest rate. A job loss or a kid could cut income to one earner, and since you are almost 100% in stocks, you could see a huge downswing in assets when the ne...
by b42
Tue Jul 17, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 105
Views: 7722

Re: Tell me what's wrong with my strategy

Welcome to the forums Joe! I think it should be clear by now that your initial posted portfolio is not very popular among forum members. That should be the first sign that something may be "wrong" with it, or else you'd have a lot of support. To put it another way, you are looking to take on more ri...
by b42
Mon Jul 16, 2018 1:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Looking to start a chapter in Hershey, PA
Replies: 8
Views: 598

Re: Looking to start a chapter in Hershey, PA

I'm interested! I currently attend the Southern PA/Baltimore chapter, but it's still a 1-1.5 hour drive from Harrisburg depending on the traffic.
by b42
Mon Jul 16, 2018 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Realizing 85% of 401k contribution going to bonds
Replies: 21
Views: 2707

Re: Realizing 85% of 401k contribution going to bonds

My 401k is very similar. I have a Roth IRA, Taxable account, and HSA which are 100% US and International Stock, so I balance it all out with around 80% bonds in my 401k to get the overall asset allocation to 70/30.
by b42
Mon Jul 09, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 210
Views: 35300

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

bh7785 wrote:
Mon Jul 09, 2018 12:22 pm
I perused the thread but am not seeing the answer to my question: How is this book different than Taylor's first book?
I would say his first book covers more topics (Do I need an advisor, saving for college, etc.), while his most recent book focuses on one topic, the Three Fund Portfolio.
by b42
Mon Jul 09, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for 26 year old
Replies: 6
Views: 628

Re: Portfolio advice for 26 year old

Since it seems for the near future that your daughter will be investing an increasingly large amount of money, I would take a step back and come up with an investment policy statement (IPS): https://www.bogleheads.org/wiki/Investment_policy_statement Even a short one-page summary would be useful to ...
by b42
Thu Jul 05, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 210
Views: 35300

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

I pre-ordered the book and got it on release. A quick read, but very informative. I think this will be great for those new investors who want to read a book before investing, but don't want to invest the time in a 600 page monster.
by b42
Sun Jul 01, 2018 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Five Year Portfolio Update
Replies: 7
Views: 1222

Re: Five Year Portfolio Update

Thanks for the responses! It seems to make more sense to put my entire bond allocation into my 401k, and just do the Total US Stock Index and Total International Stock Index in my Roth IRA. I keep thinking why I didn't do this before, and then remember that it wasn't an option until a week ago.
by b42
Sat Jun 30, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Five Year Portfolio Update
Replies: 7
Views: 1222

Five Year Portfolio Update

I posted my first portfolio here over five years ago: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=114672&p=1667609#p1667609 I have had quite a few life changes since then, so I want to get some more advice and perspective on my current portfolio (slightly long post incoming): Since 2013: 1....
by b42
Fri Jun 22, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Can you change HSA contributions throughout year?
Replies: 4
Views: 563

Re: Can you change HSA contributions throughout year?

Yes, you can. I would check with your HR department to see how they handle HSA contribution changes mid-year.
by b42
Fri Jun 22, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Starting fresh with Vanguard accounts
Replies: 6
Views: 1082

Re: Starting fresh with Vanguard accounts

Check out this wiki link: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement If you think of your different accounts as one giant portfolio, then you can overweight funds in certain accounts to be more tax efficient, while keeping your overall asset allocation in line. So if you split into...
by b42
Thu Jun 21, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: what to do with my heavy cash position
Replies: 8
Views: 703

Re: what to do with my heavy cash position

CDs or Vanguard's money market fund would be a good place to stash funds needed in a few years.

Have you considered opening a 529 account (assuming that you would be planning for kids or currently have them)?
by b42
Thu Jun 14, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: New JUST ETF - thoughts?
Replies: 12
Views: 794

Re: New JUST ETF - thoughts?

From the article: If you’re currently invested in S&P 500 index funds, you should certainly consider moving all or some of that money into the Just 500 instead. It might be a little bit less liquid, especially in its early days, and, yes, you might miss out on substantial stock gains from the exclud...
by b42
Fri Jun 08, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401k, other portfolio tweaks
Replies: 8
Views: 576

Re: Solo 401k, other portfolio tweaks

Welcome to the forums! Some comments: 1. For your level of expenses, you may want to boost your emergency funds significantly, since you could extinguish $20k relatively quickly in the event of a crisis. 2. I'd take some time to create an Investment Policy Statement: https://www.bogleheads.org/wiki/...
by b42
Fri May 25, 2018 8:53 am
Forum: Investing - Help with Personal Investments
Topic: low fee index fund suggestions
Replies: 15
Views: 1275

Re: low fee index fund suggestions

Welcome to the forums! Index funds aim to replicate an entire market, or sector of the market and usually have low fees. Due to their setup, it's hard for them to "beat the market substantially" since they are the entire market. Without knowing your full financial picture, there are many S&P 500 ind...
by b42
Thu May 10, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Vanguard Account Total Bond Market vs Municipal Bonds for 24% tax bracket
Replies: 10
Views: 993

Re: Taxable Vanguard Account Total Bond Market vs Municipal Bonds for 24% tax bracket

Another option is to move your bond fund holdings into a tax-advantaged account if possible, and then move another more tax efficient fund, like the Vanguard Total US Stock Index, into the taxable space.