Search found 4447 matches

by bloom2708
Mon Aug 20, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Investing - Feedback Needed
Replies: 4
Views: 243

Re: Vanguard Investing - Feedback Needed

You have it right. .07% is for Vanguard to keep the 4 funds in balance daily. Most skip International Bonds. Then you only have 3 funds to worry about re-balancing. Each account also does not have to contain all 3 funds. You use taxable, 401k/403b/TSP and Roth and put 1 or more selections in based o...
by bloom2708
Mon Aug 20, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in a taxable account
Replies: 4
Views: 315

Re: Bonds in a taxable account

Take a look at the 2018 tax brackets and determine if you are in the 12% or 22% bracket. I don't know if you are single or married. https://taxfoundation.org/2018-tax-brackets/ I like to keep things as simple as possible without forcing simpleness. Taxable: Total US and/or Total International 401k/4...
by bloom2708
Sun Aug 19, 2018 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: dollar cost averaging
Replies: 13
Views: 1009

Re: dollar cost averaging

With 15+ years to go, lump sum in and ride the ups and downs.

Many scenarios. What if you put 1/6th in over 6 months and then the correction happens? Or 8 months?

Maybe 70/30 would allow you to stay the course.

Time in the market > timing the market.
by bloom2708
Sat Aug 18, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Total Wireless v. Cricket Wireless
Replies: 13
Views: 844

Re: Total Wireless v. Cricket Wireless

I have used both. We use Cricket. My parents have Total Wireless. Total Wireless you add on tax to the plan. I don’t know any cell phones where you can skip the area code. Both websites are good. I have used the customer service for both. If Verizon coverage is better for in your area, that would br...
by bloom2708
Fri Aug 17, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: ICE or a hybrid car
Replies: 27
Views: 1249

Re: ICE or a hybrid car

Thanks very much. We don’t have 220V in the garage either. Were there other plug-ins that you considered? We drove a Prius Prime Plug-in. I liked it, but it was smaller inside and much more. Only new available. Even with the Fed tax credit. There were no used ones available. I drove a Kia Niro. The...
by bloom2708
Fri Aug 17, 2018 3:29 pm
Forum: Personal Consumer Issues
Topic: ICE or a hybrid car
Replies: 27
Views: 1249

Re: ICE or a hybrid car

Are you charging at night in your garage? If so, did you have to do any electrical upgrades in order to do so? I am considering a plug-in, but the ability to charge it is a concern. We use 120v, regular charger. It takes ~5.5 hours from empty. The car tells you how long to full charge. It would be ...
by bloom2708
Fri Aug 17, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest Home Insurance ?
Replies: 27
Views: 1980

Re: Cheapest Home Insurance ?

I like to have people get a quote from an independent insurance agent in their area that can shop multiple carriers. Use the search on the front of the page here to find independent agents close to you: www.cinfin.com Cincinnati Insurance only is sold through independent agents. I'm not saying go wi...
by bloom2708
Fri Aug 17, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or No Bonds
Replies: 7
Views: 696

Re: Bonds or No Bonds

Bonds. Some return, some safety, less volatility, something to rebalance out of/in to.
by bloom2708
Fri Aug 17, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Relative Short on Money
Replies: 92
Views: 7043

Re: Elderly Relative Short on Money

+1. This is sage advice. To improve her situation, she may need to work now while she is employable before she actually becomes “elderly”. FYI, at 60 I ran the NYC marathon. I know people in their 30s who cannot walk around the block. 65 is not elderly IMHO. Thanks for this comment! I felt very old...
by bloom2708
Fri Aug 17, 2018 10:32 am
Forum: Personal Consumer Issues
Topic: ICE or a hybrid car
Replies: 27
Views: 1249

Re: ICE or a hybrid car

I am a fan of the plug-in hybrids. The tech is pretty solid and there are some deep discounts. I'm not really sure why. Check out a 2016 or 2017 Ford Fusion Hybrid or Energi (plug-in). We got a 2017 Fusion Energi with under 20k miles for $19,900. It was the Titanium version with all the features (la...
by bloom2708
Fri Aug 17, 2018 9:55 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 28
Views: 1539

Re: 401(k): Roth vs Non-Roth

Many threads on this topic. If you are in a very low tax bracket now (12%) and KNOW you will be in a much higher tax bracket later (24% or 32%) you can make a case. Also, if you have pensions that will cover all your spending you might choose Roth. bloom2708, That is not necessarily true. At low ta...
by bloom2708
Fri Aug 17, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 28
Views: 1539

Re: 401(k): Roth vs Non-Roth

Would it be any time your marginal tax rate is above the rate you would fall into once in retirement? Yes. Not such a firm "yes" in my mind. If your marginal rate is 22% today. You pay 22% on all the dollars you put in Roth. Let's fast forward and say you only withdraw those $18,500 35 years from n...
by bloom2708
Fri Aug 17, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Comparing Boats to Autos
Replies: 24
Views: 1270

Re: Comparing Boats to Autos

I live quite close to where Lund boats are made (New York Mills, MN). I'm actually not sure if they are all made there now. They used to be. They are quality boats. I have owned a smaller 14' and 16' Lund. You should have many options in your price range. Go in with eyes open. Boat = Bust out anothe...
by bloom2708
Fri Aug 17, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Health Check
Replies: 1
Views: 159

Re: Portfolio Health Advice

Welcome. My observations: You should consider doing a Back Door Roth x 2 @ $5,500. I would diversify out of the company stock. You could likely simplify your 401k but you would have to list available options and their expense ratios. I would start knocking off some of those debts. High income, high ...
by bloom2708
Fri Aug 17, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: What are the cons of multi-family housing investments?
Replies: 4
Views: 545

Re: What are the cons of multi-family housing investments?

I would try biggerpockets.com There really is no comparison between passively investing in stock and bond index funds and owning rental real estate. Owning a multi-family rental unit is a second job. If you use a competent property manager, they will take some percentage of your profits. There have ...
by bloom2708
Thu Aug 16, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: How to rebalance broad ETF categories in an overcooked market
Replies: 1
Views: 99

Re: How to rebalance broad ETF categories in an overcooked market

Welcome. "People" have been "thinking" the market is "overcooked" since 2011 or 2012 or 2013. "Nobody knows nothing" is a common reference here. In your late 50s, is 80/20 aggressive? Yes it is. Is that the right mix for you? Hard to say. Willingness, need and ability to take on risk (more stocks) i...
by bloom2708
Thu Aug 16, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Can you place VPAIX in taxable account?
Replies: 9
Views: 375

Re: Can you place VPAIX in taxable account?

Bigbinvestment wrote:
Thu Aug 16, 2018 12:17 pm
How about VTCLX in taxable brokerage account?
Yes. Tax-managed implies attempting to minimize your tax events.

Tax-managed balanced fund is another.

In general, use both the ticker and the name and more people might reply. Then they don't have to look up what you are referring to. :wink:
by bloom2708
Thu Aug 16, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Building a basic portfolio from a Merrill Lynch 401k
Replies: 2
Views: 192

Re: Building a basic portfolio from a Merrill Lynch 401k

Welcome. The S&P 500 fund is a good substitute for a Total US market index. Similar returns. Do you have a Roth IRA established? At 25 you should likely be in that 10 to 20% bonds area. Stable Value funds can be quite good and act as your bond portion. If you have a Roth (Vanguard or Fidelity), you ...
by bloom2708
Thu Aug 16, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 28
Views: 1539

Re: 401(k): Roth vs Non-Roth

Many threads on this topic. If you are in a very low tax bracket now (12%) and KNOW you will be in a much higher tax bracket later (24% or 32%) you can make a case. Also, if you have pensions that will cover all your spending you might choose Roth. 90% should do Pre-tax 401k + Roth IRA. $18.5k can m...
by bloom2708
Thu Aug 16, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Can you place VPAIX in taxable account?
Replies: 9
Views: 375

Re: Can you place VPAIX in taxable account?

bloom2708 - do you mean VWITX in taxable? I live in PA. I don't want to expose myself to lot of tax but I don't see any where to keep extra cash other than Ally for low rate. Yes VWITX/VWIUX (Investor/Admiral over $50k). We use Int-Term Tax-Exempt in taxable at Vanguard. Interest rates have been tr...
by bloom2708
Thu Aug 16, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Can you place VPAIX in taxable account?
Replies: 9
Views: 375

Re: Can you place VPAIX in taxable account?

Yes, residence of PA. I'm in 28% tax bracket at the moment. For 2018 there is no longer a 28% bracket. Likely 24% now. https://taxfoundation.org/2018-tax-brackets/ Doesn't change much for me. Does PA only have a Long-Term tax-exempt? You could mix 50% Limited-Term Tax-Exempt with 50% PA Long-Term T...
by bloom2708
Thu Aug 16, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Can you place VPAIX in taxable account?
Replies: 9
Views: 375

Re: Can you place VPAIX in taxable account?

Yes. Tax-Exempt bond funds in taxable. Taxable bond funds in tax-sheltered. Are you in PA? Interest is Fed and PA state tax-exempt if you reside in PA. Are you sure you want to go "long" in this rising interest rate environment? I would stick with Int-Term Tax-Exempt in taxable. Or mix Int-Term with...
by bloom2708
Wed Aug 15, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify - 18 holdings all less than 1% of total portfolio
Replies: 11
Views: 640

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

RCL wrote:
Wed Aug 15, 2018 1:32 pm
Assuming you pay 15% LTCG tax, if you sold all the positions, wouldn't that only be $2250?
Doesn't sound too bad for a 1 Mil. portfolio
+1 sell today. That is a very reasonable tax bill to simplify to Total US + Total International.
by bloom2708
Wed Aug 15, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: $1.5 million to invest - 30 Years Old
Replies: 1
Views: 491

Re: $1.5 million to invest - 30 Years Old

Welcome, Your income will put you in the 22% tax bracket. Not sure about state tax. In general, over the long haul, you do not want taxable bonds in your taxable brokerage account. Taxable bonds throw off taxable dividends/interest and you pay tax on the full amount at 22% + state tax rate. Wellingt...
by bloom2708
Wed Aug 15, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 73
Views: 6704

Re: Housing affordability - what is your take?

My take is to rent. People I know - that range from net worth percentiles from 10% to 0.01% all complain about the cost of buying. So, there's that. +1 Get a spouse with a big salary, save up a big pile, have a kid or 2. THEN it still may make sense to rent in CA. Don't let the "dream" of home owne...
by bloom2708
Tue Aug 14, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Assistance with simplicity and asset allocation, in mid-20s
Replies: 10
Views: 746

Re: Assistance with simplicity and asset allocation, in mid-20s

Welcome. 80/20 or 75/25 seem reasonable mixes to stick with for quite a while. Your savings rate will determine much of how things grow. There won't be any re-balance available if you stick with your current two funds. They are both good funds. Target 2060 will slowly add more bonds. Quite slowly. L...
by bloom2708
Tue Aug 14, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 40
Views: 5205

Re: Asked my advisor about fees and here's their reply

Welcome. You are in the discovery phase. Go slow. Soak up information. Run scenarios with this calculator. Use your information. Our all up cost at Vanguard is .07%. No trade fees on their mutual funds. compare that to 1.5% or 2.0%. https://www.dinkytown.net/java/compare-investment-fees.html See the...
by bloom2708
Tue Aug 14, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Key West Family Vacation - February
Replies: 25
Views: 1657

Re: Key West Family Vacation - February

Get a 2 bedroom, beach front condo at Tranquility Bay in Marathon. Much more kid friendly. Take a day trip to Key West. We spent a lot of time at the huge saltwater pool and at the beach at Tranquility Bay. Bahai Honda State Park for a day. Turtle Hospital (kids liked that). We rented jet skis and r...
by bloom2708
Tue Aug 14, 2018 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Another Roth vs Traditional Debate
Replies: 21
Views: 1757

Re: Another Roth vs Traditional Debate

Stick with pre-tax 401k + Roth IRA + HSA There are so many unknowns ahead. You can do Roth conversions. You might be in a 0% tax state. The worst scenario is you have a huge pile of investments and when your RMDs kick in, you pay more tax. To me, those are not that bad. First, you made it to RMD yea...
by bloom2708
Mon Aug 13, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 24239

Re: most compelling TV character ever

HongKonger wrote:
Fri Aug 10, 2018 6:14 pm
Frank Underwood - House of Cards
Saga Noren - Bron/Broen
2 good choices. I loved the Saga Noren character on "The Bridge". Great show.

I would have to put Claire Underwood right along side Frank Underwood. It will be interesting to see how they wrap the show up in Season 6.
by bloom2708
Mon Aug 13, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mid 30s Crisis: Personal budget, savings and goals
Replies: 36
Views: 7020

Re: Mid 30s Crisis: Personal budget, savings and goals

Pay off the house and truck. If you are thinking about have a kid or 2, now is the time. It will change your focus from inward to outward (kids). If no kids in the picture, then figure out why you are saving money. Retiring early? Set a date 5 years from now and quit for 1 year. If that doesn't take...
by bloom2708
Mon Aug 13, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: Pop up tent camper
Replies: 24
Views: 2568

Re: Pop up tent camper

Also, figure out what your fully loaded camper will weigh. Water, propane, wheel chocks, camping gear, it all adds up. You could quickly surpass your towing capacity. I would also not tow a pop up camper with a RAV4 or CRV. Just not enough capacity to make it worth it. Maybe if you are camping withi...
by bloom2708
Mon Aug 13, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Where to stay in Key West?
Replies: 20
Views: 1125

Re: Where to stay in Key West?

If you can afford it (It can be pricey, but they have sales/specials), Tranquility Bay in Marathon is beautiful. They have 3 bedroom units so each couple could get a bedroom. From there, Bahai Honda State Park has some pretty nice beaches. The large salt water pool at Tranquility Bay was really nice...
by bloom2708
Mon Aug 13, 2018 8:56 am
Forum: Personal Consumer Issues
Topic: Key West Family Vacation - February
Replies: 25
Views: 1657

Re: Key West Family Vacation - February

If you want to get out of Key West for part of a day, drive to Bahai Honda State Park. Part way to Marathon. Several nice beaches. Good snorkeling for younger snorklers. The Keys are not known for their super beaches, but there are a few nice ones. The weather should be good but you can always hit c...
by bloom2708
Fri Aug 10, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Car Donation
Replies: 12
Views: 959

Re: Car Donation

Get a quote from carbrain.com

To see what their offer is. Describe the car correctly.
by bloom2708
Fri Aug 10, 2018 4:10 pm
Forum: Personal Consumer Issues
Topic: Used Car Negotiation
Replies: 29
Views: 2670

Re: Used Car Negotiation

Most of the dealers in our area have changed to "no haggle" pricing. Sometimes it works, sometimes it doesn't. We have been in the market for a 2016 or 2017 Ford Fusion Energi for a month or so. I use Cargurus.com and check the landscape. Probably a $6k price difference for a 2017 with ~20k miles. W...
by bloom2708
Fri Aug 10, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4568

Re: Should I pay 6000.00 to repair wife's car....

This might be one of the strangest threads I've read. :wink: Is this a Tesla or some car with doors that open different? I'm so confused. But then, I confuse easily. Nope - nothing fancy. In fact - you can go to any junk yard - and try to open a car door - 50 year old car - and its check strap woul...
by bloom2708
Fri Aug 10, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4568

Re: Should I pay 6000.00 to repair wife's car....

This might be one of the strangest threads I've read. :wink:

Is this a Tesla or some car with doors that open different? I'm so confused. But then, I confuse easily.
by bloom2708
Fri Aug 10, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Should I Buy a Tablet?
Replies: 16
Views: 1270

Re: Should I Buy a Tablet?

Are you up for a new laptop anytime soon? Maybe lobby for a Surface Book 2 as your new laptop. :wink: Just pop off the screen and take it in tablet mode. If you store all files on your OneDrive you could have a Surface Go/Pro essentially set up identically to your laptop. Email, apps, files in the c...
by bloom2708
Fri Aug 10, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Buying used car - advice requested
Replies: 36
Views: 2370

Re: Buying used car - advice requested

2016 and 2017 Ford Fusion Energi are selling deeply discounted.

It has a ~21 mile all electric range. Full hybrid after the all electric battery is used. You wouldn't make the full commute unless you could plug in at work.

I would guess you could find a 2016 with under 30k miles for $17k.
by bloom2708
Wed Aug 08, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: If it were March, 2000, would you still allocate 50% to Stocks?
Replies: 94
Views: 4294

Re: If it were March, 2000, would you still allocate 50% to Stocks?

In March 2000, I was 52 years of age and had (along with my wife) ~90% equities. We were in the accumulation phase and both were employed. Our retirement investments were for the future, not the current time, which was covered by our respective paychecks. In our case, it worked out well. In the lat...
by bloom2708
Tue Aug 07, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Fidelity announced 10-for-1 fund splits in certain mutual funds
Replies: 18
Views: 3984

Re: Fidelity announced 10-for-1 fund splits in certain mutual funds

Is this split purely psychological?

I've always thought the NAV is quite meaningless. $1 or $10 or $100 or $300. It doesn't mean anything other than what 1 unit is valued at.

Do they want the NAV to seem "cheaper"? Better value?

If you had $1,000 before, now you have $1,000. Win-win split I guess.
by bloom2708
Tue Aug 07, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: Best Fidelity Money Market Account to Hold Cash?
Replies: 13
Views: 1642

Re: Best Fidelity Money Market Account to Hold Cash?

Cash in a money market, CD or taxable money market makes sense for near term purchases (1-5 years). What is the purpose of cash in tax-deferred accounts? "Dry powder" for the upcoming crash? Vanguard has a Federal and a Prime money market. Prime is over 2%. I assume Fidelity has similar funds. Anoth...
by bloom2708
Tue Aug 07, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup
Replies: 9
Views: 1125

Re: Financial Checkup

Welcome. Looks like you are doing a great job. A few things you could tweak as your income grows. Taxable Account - $9,500 (Vanguard) 13.77% Vanguard Total Bond Market ETF (BND) (0.05% ER) 7.28% Vanguard Total Stock Market ETF (VTI) (0.04% ER) 7.31% Vanguard Total World Stock ETF (VT) (0.10% ER) As ...
by bloom2708
Tue Aug 07, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track for FI? (Review with questions)
Replies: 10
Views: 1209

Re: Am I on track for FI? (Review with questions)

Welcome! A few questions/concerns/ideas: 1. Is it normal to start having a bit of anxiety once your balances grow? I always questions myself and think am I doing it right? Am I in over my head? Should I be talking to some "expert" about this, rather than just doing my own research? Essentially, ques...
by bloom2708
Tue Aug 07, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: About a decade behind on investing - jumping start advice?
Replies: 15
Views: 1276

Re: About a decade behind on investing - jumping start advice?

$20k out of a $500k salary won't cut it. Spend more time figuring out a plan. Flush with cash and $20k don't compute. :wink: If you are making $500k, your spending is likely very high. Not planning to retire by not saving isn't a good plan. Maybe there is a future sale of the business that you are c...
by bloom2708
Tue Aug 07, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: About a decade behind on investing - jumping start advice?
Replies: 15
Views: 1276

Re: About a decade behind on investing - jumping start advice?

Welcome! Are you married? What is your annual income and are you still self employed? Do you have a 401k/403b type plan available? You should put $5,500 in a Roth IRA for 2018. No time like the present. As a business owner, you should look into a Solo 401k type plan. I would leave the $7k in the HSA...
by bloom2708
Mon Aug 06, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help Needed on numbers - UBS Investments
Replies: 10
Views: 458

Re: Help Needed on numbers - UBS Investments

Welcome! Tough first post to answer. 1.5% Asset under management fee is VERY difficult to justify. It is hard to compare all the US stocks (Total US Stock index) to a select batch of individual stocks. Comparing apples to oranges. Hand calculating return is difficult as well. You likely added money ...
by bloom2708
Mon Aug 06, 2018 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement portfolio
Replies: 3
Views: 528

Re: Help with retirement portfolio

Hello, I'll take a stab at your questions. Questions: 1. Should they convert all their tIRA to Roth IRA now? In case the market goes down for a long time, they won’t be forced to take RMDs and just let it compound. Maybe to the top of the 12% bracket? What will their income look like when both are o...
by bloom2708
Mon Aug 06, 2018 7:47 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12833

Re: "Age in Bonds" fails almost everyone

I tend to think "Age in Bonds" still has a place. Having $30k and losing $15k Having $300k and losing $150k Having $3 million and losing $1.5 million These are different at various ages. A 30 year old with $3 million doesn't have to be 95% stocks. A 50 year old with $1.75 million doesn't have to be ...