Search found 1083 matches

by mnvalue
Wed Apr 25, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Debate - consider all accounts as one?
Replies: 22
Views: 1532

Re: Allocation Debate - consider all accounts as one?

That's a solid point. But, how do you decide between ROTH vs Pre-tax? Yeah, that's what really brought up my question in the first place. I've decided to take the majority boglehead opinion and treat all my accounts as a single large account. If you tax-adjust them, it doesn't matter which type of ...
by mnvalue
Fri Feb 23, 2018 3:32 am
Forum: Investing - Help with Personal Investments
Topic: 2 year portfolio check
Replies: 18
Views: 1764

Re: 2 year portfolio check

There are no tax consequences for trades inside an IRA or 401k. You only need to worry about non-tax advantaged accounts. What do the gains look like for each fund in taxable?
by mnvalue
Wed Feb 14, 2018 3:08 am
Forum: Investing - Help with Personal Investments
Topic: Need help to plan portfolio
Replies: 31
Views: 2123

Re: Need help to plan portfolio

I initiated the sale of all my funds in Merrill Edge. They are all listed as "pending".. not sure why though since it all should have been sold yesterday. The guy on the phone said they will be available on Thursday. Guess they need a couple days to play with it before they give it back to you? Sto...
by mnvalue
Wed Feb 14, 2018 3:03 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio simplification help
Replies: 4
Views: 667

Re: Portfolio simplification help

If the cash balance plan is not something you control, you'll have to treat that as fixed like I did for taxable, and work around it.
by mnvalue
Mon Feb 12, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: Helping girlfriend (full-time teacher) with retirement options: 401k, 403b, 457?
Replies: 12
Views: 973

Re: Helping girlfriend (full-time teacher) with retirement options: 401k, 403b, 457?

Whatever happens, make sure she isn't investing in an annuity inside the 403b account. Teachers seem to get sold the worst junk in their 403b plans. My parents were being hit with an extra 2% of expenses through such nonsense.
by mnvalue
Mon Feb 12, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 10
Views: 922

Re: Portfolio Review

1. I'd probably just wait. A reasonable international percentage is 20-40% of stocks. You're still within that range. But if you want to change, that's fine too. 2. Fix the stocks/bond split before fixing the U.S./international split, as the former matters more. I don't see the point in REITs. If yo...
by mnvalue
Mon Feb 12, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio simplification help
Replies: 4
Views: 667

Re: Portfolio simplification help

1) Can you roll the 403b and 457 into your 401k? Your 401k has decent choices. You should avoid rolling them to a Traditional IRA, as that would prevent you from making "backdoor" Roth IRA contributions. It would help me provide a better plan if you could split the "Combined Roth" into the two accou...
by mnvalue
Sat Feb 10, 2018 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Need help to plan portfolio
Replies: 31
Views: 2123

Re: Need help to plan portfolio

There is no point in waiting. If you have a new plan you're happy with, just do it.
by mnvalue
Sat Feb 10, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Need help to plan portfolio
Replies: 31
Views: 2123

Re: Need help to plan portfolio

The three-fund portfolio, as already suggested, is great. However, since all of your retirement is in two IRAs, why not consider the Vanguard Target Retirement funds instead of doing the 3-fund portfolio yourself? The ER is the same as Investor Shares (ever so slightly higher than Admiral Shares), b...
by mnvalue
Sat Feb 10, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio review for new investor (updated stats)
Replies: 16
Views: 1273

Re: Portfolio review for new investor (updated stats)

Since you didn't specify, I'll assume 40% of stocks as international. That's 36% International, 54% US, and 10% Bonds. The Roth IRA is easy, since it is so small. We'll just fill it with US stocks. Then everything else goes in one Traditional IRA, as you should rollover the IRA from Betterment to Va...
by mnvalue
Sat Feb 03, 2018 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation, General feedback requested
Replies: 3
Views: 365

Re: Asset Allocation, General feedback requested

If the cash is for near-term use, it isn't part of your retirement portfolio. You should just remove it from your post and recalculate the percentages. (I realize we can redo the percentages for you, but you might as well.) Many here would say your stock/bond split is way too aggressive. I'm in favo...
by mnvalue
Sat Jan 27, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Tax form discrepancy
Replies: 9
Views: 448

Re: Tax form discrepancy

$156 is an odd figure, but did you get some sort of bonus for opening the account?
by mnvalue
Sat May 06, 2017 1:04 am
Forum: Personal Consumer Issues
Topic: Vexing electrical problem in the house
Replies: 54
Views: 5153

Re: Vexing electrical problem in the house

$3000 seems reasonable, especially for CA. That's about what it cost for a friend here in Nowhere, MN. Plus two similar estimates is a good sign too.
by mnvalue
Sat Feb 25, 2017 2:32 am
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 42
Views: 4084

Re: Windfall and Student Loan Pay-off/Pay-down Plan

Your plan is a reasonable option, all things considered. Are you maxing out the 401ks and IRAs? If not, that's almost certainly a better deal mathematically, if you can afford it. Obviously, you don't want to pour the $70k into retirement accounts, then have your loan payments adjust up to a level y...
by mnvalue
Sun Feb 19, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Should Expense ratio be used in compare calculations between Taxable and non-taxable bond funds ?
Replies: 4
Views: 665

Re: Should Expense ratio be used in compare calculations between Taxable and non-taxable bond funds ?

goingup wrote:Use admiral shares for Intermediate Term Tax Exempt (VWIUX) at .12% ER.
This is only reasonable if one has $50,000 (the minimum for VWIUX) to invest in the bond fund.
by mnvalue
Fri Jan 06, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency account for niece
Replies: 4
Views: 634

Re: Emergency account for niece

Three people on an account shouldn't be any big deal. I have seen several accounts like that at different banks. I don't know why you are thinking the limit is two.

There shouldn't be any tax issue. If he goes over the gift tax limit ($14k/year or so), then he'd have to file a gift tax return.
by mnvalue
Wed Jan 04, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: New to Boglehead - Respectfully Request Advice on Portfolio Please
Replies: 4
Views: 795

Re: New to Boglehead - Respectfully Request Advice on Portfolio Please

If I accept the two premises of no international and 50% of fixed income in short-term bonds, then I'd say yes to all three. That gives you this: His tIRA at Vanguard: 18.1% - VFSUX - Vanguard's Short Term Investment Grade Fund 19.3% - VBTLX Total Bond Market Index Fund - Admiral (.06%) 1.8% - VTIAX...
by mnvalue
Mon Jan 02, 2017 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: So how long do I hold onto the basis of this stock?
Replies: 6
Views: 876

Re: So how long do I hold onto the basis of this stock?

Worst case, "print" it by way of retyping it into a new spreadsheet.
by mnvalue
Mon Jan 02, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Potential “Horse Race” Conversion
Replies: 52
Views: 4774

Re: Potential “Horse Race” Conversion

That said, who cares? Since this is about Roth conversions, we are talking about IRAs here, not taxable. I agree, no worries about capital gains, clearly not an issue. My reasons for wanting share transfer was the desire not to be out of the market in cash for several days. I don't think I was out ...
by mnvalue
Mon Jan 02, 2017 2:30 am
Forum: Personal Finance (Not Investing)
Topic: Potential “Horse Race” Conversion
Replies: 52
Views: 4774

Re: Potential “Horse Race” Conversion

I just (a couple days ago) did a conversion from an old-style account to a newly-opened, new-style account. Where you able to do this on-line? Yes. I followed the instructions here under "Convert an existing traditional IRA to a new Roth IRA": https://investor.vanguard.com/ira/roth-conversion Mnval...
by mnvalue
Sat Dec 24, 2016 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Potential “Horse Race” Conversion
Replies: 52
Views: 4774

Re: Potential “Horse Race” Conversion

BigJohn wrote:
mnvalue wrote:I just (a couple days ago) did a conversion from an old-style account to a newly-opened, new-style account.
Where you able to do this on-line?
Yes. I followed the instructions here under "Convert an existing traditional IRA to a new Roth IRA": https://investor.vanguard.com/ira/roth-conversion
by mnvalue
Fri Dec 23, 2016 1:40 am
Forum: Personal Finance (Not Investing)
Topic: Potential “Horse Race” Conversion
Replies: 52
Views: 4774

Re: Potential “Horse Race” Conversion

BigJohn wrote:if you want to transfer funds for the conversions using on-line transactions then both the traditional and roth have to be on the same platform
I just (a couple days ago) did a conversion from an old-style account to a newly-opened, new-style account.
by mnvalue
Sat Sep 03, 2016 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: IRA brokerage account upgrade
Replies: 3
Views: 648

Re: IRA brokerage account upgrade

I don't see the problem, as long as you send the information to Vanguard and not some scammer. In other words, make sure you verify the address you are mailing to is Vanguard's by looking at their website. Why would the Social Security card photocopy be a problem? Vanguard already has your name and ...
by mnvalue
Thu Sep 01, 2016 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: Moving funds around IRA to maximize dividends ... good or bad idea?
Replies: 3
Views: 550

Re: Moving funds around IRA to maximize dividends ... good or bad idea?

When you get a dividend, the value of the fund drops by the same amount (plus or minus market movement). There is no free money in a dividend.

Leave things well enough alone in the target fund.
by mnvalue
Sun Aug 28, 2016 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Apple employee seeking advice on 401k and general investments
Replies: 28
Views: 6428

Re: Apple employee seeking advice on 401k and general investments

The backdoor method is for this situation: A person earns more money than the IRS limit for Roth IRA contributions, so they cannot contribute to a Roth IRA. The technique works like this: 1) They contribute to a Traditional IRA. They cannot deduct this contribution. So in 2016, they contributed the ...
by mnvalue
Sun Aug 28, 2016 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: 401K - Opportunity to Roll Over to my personal VG IRA
Replies: 9
Views: 997

Re: 401K - Opportunity to Roll Over to my personal VG IRA

OP, can you clarify? Are you saying that you currently have a Traditional IRA at Vanguard? Does it have a balance greater than zero? And you are doing the backdoor Roth contribution method?
by mnvalue
Sun Aug 28, 2016 10:27 pm
Forum: Investing - Theory, News & General
Topic: RBD fans, Dan Wiener has news! [Really Bad Day]
Replies: 40
Views: 6388

Re: RBD fans, Dan Wiener has news! [Really Bad Day]

Rebalancing and tax loss harvesting.
by mnvalue
Sun Aug 28, 2016 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: 401a Mega Back Door Roth Available (wish I knew this 10 years ago)
Replies: 3
Views: 1190

Re: 401a Mega Back Door Roth Available (wish I knew this 10 years ago)

If you are in 25% no matter what now and 28% in retirement, then all Roth (no traditional) is the way to go. A factor to consider is if you'll have early retirement years with no pension or Social Security. In that case, you'd have a very low income and those would be good years to draw from and con...
by mnvalue
Fri Aug 26, 2016 9:15 pm
Forum: Personal Consumer Issues
Topic: Extension cord's amp and tools
Replies: 25
Views: 2549

Re: Extension cord's amp and tools

My suggestion was not for a whole house generator. It was for an *inlet*, one extra breaker, a small metal transfer switch piece, and a few feet of wire to go through the wall. This is super cheap to do as part of the initial build. This gives you the option, once the house is built, to run your por...
by mnvalue
Fri Aug 26, 2016 11:42 am
Forum: Personal Consumer Issues
Topic: Extension cord's amp and tools
Replies: 25
Views: 2549

Re: Extension cord's amp and tools

Everything else aside, if you are building a new house and want to allow for a generator, discuss this with your electrician. You can get an inlet installed outside and use a breaker as a transfer switch for very cheap. The breaker will have a lock-out that prevents the generator breaker and the mai...
by mnvalue
Thu Aug 25, 2016 8:43 am
Forum: Personal Consumer Issues
Topic: Extension cord's amp and tools
Replies: 25
Views: 2549

Re: Extension cord's amp and tools

First off, throw the extension cord now. Once it's damaged, it's not safe. Ideally, you should cut the ends off of it to discourage someone from reusing it. Obviously, unplug it first. ;) Volt drop becomes a problem as the cord gets longer. There are various charts available. I tried for a few minut...
by mnvalue
Thu Aug 25, 2016 7:44 am
Forum: Personal Consumer Issues
Topic: Custom size HVAC filters?
Replies: 7
Views: 989

Re: Custom size HVAC filters?

What size filter are you looking for? When answering this question, please note if you're giving nominal or actual size. If you have both, give both please. Here's a place I recommend: https://4qualityair.com/custom_orders.php By any chance, does the filter "hole" have reinforcements (metal bars) ev...
by mnvalue
Thu Aug 25, 2016 12:40 am
Forum: Personal Consumer Issues
Topic: Orange cable from utility pole on the ground on my property
Replies: 47
Views: 10063

Re: Orange cable from utility pole on the ground on my property

If you are getting ready to sell soon, it seems this problem could be easily fixed with a few wheelbarrows of dirt, neighbor kids with shovels to spread the dirt over the cable, and a small bag of grass seed. No, you don't put dirt over the cable. If you're going to do this by hand, you split the s...
by mnvalue
Thu Aug 25, 2016 12:38 am
Forum: Personal Finance (Not Investing)
Topic: should a student invest for retirement?
Replies: 17
Views: 2277

Re: should a student invest for retirement?

This depends on a lot of things. How much do you owe, what are the interest rates, how much are the minimum payments, and how much cash flow (money per month) is available on top of the minimum payments? If you have a 401k or similar plan at work that has a match, you should definitely contribute to...
by mnvalue
Mon Aug 22, 2016 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie gathering information to post
Replies: 1
Views: 271

Re: Newbie gathering information to post

Divide the $ per investment over the total of all accounts. All of the percentages together add up to 100%.
by mnvalue
Mon Aug 22, 2016 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard brokerage - partial shares
Replies: 11
Views: 2348

Re: Vanguard brokerage - partial shares

Ask Vanguard?

It's pretty typical with brokers that you sell all shares and then the fractional shares get sold automatically. Maybe wait a day to see if that happens?
by mnvalue
Thu Aug 18, 2016 10:26 am
Forum: Personal Consumer Issues
Topic: Orange cable from utility pole on the ground on my property
Replies: 47
Views: 10063

Re: Orange cable from utility pole on the ground on my property

A Public Right of Way in this case is normally that which runs on the property line, not across a neighbors property for the delivery of a drop. The drop starts at a utility pole. Almost surely, the pole is in the right-of-way or has an easement. (I rather doubt that someone illegally set a pole.) ...
by mnvalue
Thu Aug 18, 2016 10:09 am
Forum: Personal Consumer Issues
Topic: Orange cable from utility pole on the ground on my property
Replies: 47
Views: 10063

Re: Orange cable from utility pole on the ground on my property

If the utility already has an easement, or if this is in a public right of way, the OP has no way to force the use of conduit. The use of conduit is not at all standard practice for drops, with either phone or cable companies. This would likely be a losing battle. And if the crew is there to bury th...
by mnvalue
Thu Aug 18, 2016 6:50 am
Forum: Personal Consumer Issues
Topic: Orange cable from utility pole on the ground on my property
Replies: 47
Views: 10063

Re: Orange cable from utility pole on the ground on my property

In my area, there is a dedicated number to call if a person wants to dig around his/her own property and wants to avoid breaking any buried utility cables (light, heat, phone, cable). This has been standardized nation-wide as 811 for a while now. OP, if it truly has been several months, then it's a...
by mnvalue
Wed Aug 17, 2016 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Pay off car or invest in taxable?
Replies: 7
Views: 1184

Re: Pay off car or invest in taxable?

Pay off the car, but keep making the payments to a savings account. That way, you can pay cash for your next car.
by mnvalue
Tue Aug 16, 2016 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: 3 years of browsing... ready and hoping for investment insight and advice!
Replies: 16
Views: 2539

Re: 3 years of browsing... ready and hoping for investment insight and advice!

1) We happen to meeting with our rep here this week. If we were to decide to move everything over to Vanguard, how would I go about that process for my Northwestern funds and her American Funds accounts? By moving my funds to Vanguard, we wouldn't have anyone actively managing this - so how do I ac...
by mnvalue
Sun Aug 14, 2016 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Different Twist on: Student Loan VS Invest
Replies: 6
Views: 771

Re: Different Twist on: Student Loan VS Invest

If your employer is making/reimbursing the student loan payments, and won't give you that amount in cash if you have no loans, then you should keep taking it. They're paying all the interest, so there is no guaranteed return to be had at this time. The principal they're paying is free money to you. ...
by mnvalue
Sun Aug 14, 2016 3:02 am
Forum: Investing - Help with Personal Investments
Topic: 3 years of browsing... ready and hoping for investment insight and advice!
Replies: 16
Views: 2539

Re: 3 years of browsing... ready and hoping for investment insight and advice!

below are my options with 10 year net asset numbers and expense ratios You have bad (expensive) 401k choices. I would use The Bond Fund of America (RBFBX). Your 401k will be allocated first, since it has the worst choices. The wiki says, "A reasonable rule-of-thumb is to consider investing in a tax...
by mnvalue
Sat Aug 13, 2016 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: 3 years of browsing... ready and hoping for investment insight and advice!
Replies: 16
Views: 2539

Re: 3 years of browsing... ready and hoping for investment insight and advice!

While you figure out how to unwind all the positions you can change it so that any dividends or capital gains are not automatically being reinvested in the bad funds. I'm not seeing the OP having any existing taxable positions. I'm not sure what to do with the annuity It's inside an IRA. The OP sho...
by mnvalue
Sat Aug 13, 2016 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: 3 years of browsing... ready and hoping for investment insight and advice!
Replies: 16
Views: 2539

Re: 3 years of browsing... ready and hoping for investment insight and advice!

1. Given we are maxing on our 401k and can no longer contribute to a ROTH, does it make sense for each of us to put $5500 into a taxable IRA yearly and invest in a low cost index fund? No. Only make non-deductible IRA contributions if you're going to immediately convert (i.e. backdoor Roth). This i...
by mnvalue
Wed Aug 10, 2016 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Why did Vanguard change my sweep account to Federal MM?
Replies: 4
Views: 1261

Re: Why did Vanguard change my sweep account to Federal MM?

There have been some regulatory changes (from the "Great Recession") related to money market funds.
by mnvalue
Wed Aug 10, 2016 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing help and portfolio review
Replies: 6
Views: 778

Re: Rebalancing help and portfolio review

If the Fidelity IRA is tiny, I'd just convert it into the Roth to be rid of it. Sure, you'll pay some taxes and the closing fee, but just kill it off. If you need to use the backdoor Roth IRA method (contribute to non-deductible IRA and immediately convert), I would open a new Traditional IRA at Van...
by mnvalue
Wed Aug 10, 2016 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Novice Investor Seeking Portfolio Advice!
Replies: 4
Views: 538

Re: Novice Investor Seeking Portfolio Advice!

Income limits apply to contributions, not rollovers. And a rollover , by definition, (generally) does not change the tax status of the money, so is not taxed. A conversion (e.g. from pre-tax dollars in a 401k to a Roth IRA, or a traditional IRA to Roth IRA) is taxed. Edit: Correction on rollovers as...