Search found 45 matches

by Belmont
Sun Oct 08, 2017 5:07 pm
Forum: Investing - Theory, News & General
Topic: BitConnect [Cryptocurrency]
Replies: 10
Views: 1424

Re: BitConnect [Cryptocurrency]

Thanks LadyGeek, I will read through the content. I understand the risks with BitCoin and other cryptocurrencies, but watching a friend of mine make what appears to be unrealistic returns for months on end is causing me to explore this a bit further. I would never invest/gamble more than a few % of ...
by Belmont
Sun Oct 08, 2017 4:58 pm
Forum: Investing - Theory, News & General
Topic: BitConnect [Cryptocurrency]
Replies: 10
Views: 1424

BitConnect [Cryptocurrency]

Hello Bogleheads, Has anyone here extensively researched BitConnect? A friend of mine has been selling his friends and family on the merits of the platform, but it seems too good to be true. It reeks of a Ponzi scheme. Admittedly, I don't fully understand cryptocurrency and I intend to invest the re...
by Belmont
Sat Nov 19, 2016 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Fee Based FA
Replies: 2
Views: 397

Fee Based FA

Hi,

Who are the go-to fee based advisors for Bogleheads these days?
by Belmont
Thu Dec 25, 2014 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversion
Replies: 9
Views: 843

Re: Roth IRA Conversion

Hi JW,

I'm not sure I understand the question, my apologies. All I've ever done is just write a check to Fidelity for the maximum amount every January, and never really paid attention to anything more.
by Belmont
Thu Dec 25, 2014 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversion
Replies: 9
Views: 843

Re: Roth IRA Conversion

Got it, so I'll just leave it alone and convert when I'm in a lower bracket.

I wasn't sure if time played a factor in that decision, but it doesn't sound like it does. Thanks!
by Belmont
Thu Dec 25, 2014 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Conversion
Replies: 9
Views: 843

Roth IRA Conversion

Greetings, I am currently 34 years of age, and have a traditional IRA funded with about $75k in VNQ. I'm in the highest tax bracket and will likely remain in it for the foreseeable future. I'm trying to determine if converting to a Roth IRA makes sense for me, and when I should do it. The online cal...
by Belmont
Mon Jun 02, 2014 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

Does anyone else have any input for me?

Thanks in advance!
by Belmont
Sun Jun 01, 2014 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

I slightly re-phrased my reply. I appreciate the perspective, and don't necessarily disagree with it. I'm confident in my ability to continue to earn a high income, and with very little debt and modest monthly obligations, I can scale back dramatically if needed. But for now, I'm enjoying the fruits...
by Belmont
Sun Jun 01, 2014 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

With regard to savings, I have been doing steady upgrades and renovations on the house, and I spend a lot on entertainment and toys. Is it practical? Of course not, but it sure is fun. I can easily afford to do it, and philosophically I see no reason to put 50% of my income away for retirement. I co...
by Belmont
Sun Jun 01, 2014 11:52 am
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

Regarding I-Bonds, it doesn't seem like a very suitable investment vehicle for me, unless I'm missing something. http://www.bogleheads.org/wiki/I_savings_bonds I Bonds redeemed when the investor is in a high tax bracket may provide little or no positive after-tax, after-inflation return, especially ...
by Belmont
Sun Jun 01, 2014 11:44 am
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

All, Again, thanks so much for the different perspectives. Please keep it coming! :mrgreen: I have some additional information that may or may not be useful to you, along with a question or two that comes to mind. 1. I have two kids, and fund a 529 for each of them in the amount of $6000/yr. Too muc...
by Belmont
Sun Jun 01, 2014 11:06 am
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

Several points. 4: You have international small caps, but no US small caps. I have a Russell 2000 index fund in my 401k, and I use IJS (small value) to augment that in taxable. I further add EWX (emerging markets small cap) to get to my targeted exposure to small caps across all of: US, Intl. Devel...
by Belmont
Sun Jun 01, 2014 11:04 am
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

Several points. 1: It seems that your savings rate is low for being in the 39% bracket. What % of gross income are you saving? 2: I did not see I-Bonds. I-Bonds are an amazing, inflation indexed, instrument for both short term EF needs (after the 1 year waiting period), and long term liability matc...
by Belmont
Sun Jun 01, 2014 9:11 am
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

Gotcha, so based on that I'd rather stick with your recommendation of VEXAX and just purchase some of that in taxable since I'd really like to keep the portfolio simple. Right now I have about 25k that I transferred to my taxable. Would it make sense to invest all of it in VEXAX? Are there any other...
by Belmont
Sun Jun 01, 2014 9:00 am
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

Re: 2014 Portfolio Review

Thanks for the reply. I meant to say $5500, sorry about that.

What about VSCIX? Interestingly, I have that as an available option in my 401k. Would it make sense to rebalance some of the FUSEX into this? If so, what's the recommended small cap allocation?
by Belmont
Sat May 31, 2014 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: 2014 Portfolio Review
Replies: 28
Views: 2374

2014 Portfolio Review

Hi, For the most part, I've left my portfolio alone over the past few years, but now that it's grown a bit I just want to be sure I'm still on point. I welcome any advice or tweaks you might have. For starters, I know I need to open an IRA in my wife's name. I'll get that done this year. Emergency F...
by Belmont
Sun Feb 27, 2011 5:44 pm
Forum: Investing - Theory, News & General
Topic: Life Insurance - Tax Advantaged Investment Vehicle?
Replies: 16
Views: 2977

Good information thus far, I appreciate it.

I'm certainly rethinking continuing the conversation any further based on the negative opinion and just sticking with my existing term life policy.
by Belmont
Sun Feb 27, 2011 1:13 pm
Forum: Investing - Theory, News & General
Topic: Life Insurance - Tax Advantaged Investment Vehicle?
Replies: 16
Views: 2977

Interesting, I'm looking forward to hearing the responses!
by Belmont
Sun Feb 27, 2011 1:06 pm
Forum: Investing - Theory, News & General
Topic: Life Insurance - Tax Advantaged Investment Vehicle?
Replies: 16
Views: 2977

Life Insurance - Tax Advantaged Investment Vehicle?

Through some work associates, I was referred to a gentlemen who sells life insurance amongst other things for a living at Northwestern Mutual. After discussing my investment methodology, he seemed to indicate that I was doing things the right way, which of course I knew already, being a Boglehead. H...
by Belmont
Sun Jan 23, 2011 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: 2011 Portfolio Review
Replies: 13
Views: 1571

Friendly bump!

If anyone has any additional feedback to share I'd be appreciative, or even a confirmation that I'm doing the right thing (above and beyond the great suggestions above).
by Belmont
Sat Jan 22, 2011 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: 2011 Portfolio Review
Replies: 13
Views: 1571

Thanks Bob, I will do that.
by Belmont
Sat Jan 22, 2011 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: 2011 Portfolio Review
Replies: 13
Views: 1571

You have virtually no small cap foreign stocks with VEU for your internationa holdings. You would need some VSS to complement the VEU. Funny you mention that. I was reading an article this morning in a recent issue of Money Magazine where they indicated that this fund would be changing to be a true...
by Belmont
Sat Jan 22, 2011 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: 2011 Portfolio Review
Replies: 13
Views: 1571

2011 Portfolio Review

Hello, Several years ago I was introduced to the Boglehead methodology and have been a believer ever since. One of things I realize as I learn more is how little I actually know, so as a result I'd greatly appreciate if the masters can give a few pointers on any maintenance that may need to be done ...
by Belmont
Tue Jan 05, 2010 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Companies
Replies: 3
Views: 1027

Insurance Companies

Hi All,

Was curious to see if anyone has recently consolidated various insurance vehicles and what your experience has been?

It seems every insurance company is riddled with horror stories. Are any of them any good?
by Belmont
Wed Jul 29, 2009 2:34 pm
Forum: Personal Consumer Issues
Topic: That Frugal Thing You Do
Replies: 571
Views: 134341

I take a slightly different approach. Outside of buying in bulk when possible, I enjoy life with the luxuries that many of you seem to scoff at. While you're smugly driving your 2002 Civic, I'm smugly driving my $85,000 Lexus and still putting more money away than you. Not everyone who has nice toys...
by Belmont
Sat Feb 21, 2009 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Is it time to abandon " stay the course " and
Replies: 53
Views: 8080

I'm a bit surprised to see these responses. Things are tough right now, but we're still a fundamentally healthy economy. 91% of the population is paying their mortgages on time. 92% of the population gets up in the morning and goes to work to put food on the table for their family. That's an overwhe...
by Belmont
Mon Dec 29, 2008 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: 2009 - Rebalancing Advice Needed
Replies: 8
Views: 1572

Ok, it is non-deductable. I just spoke with a Fidelity rep. My income is well over the limits for Roth so there's no hope for me there. So far I have already spent the 5k for the non-deductable in 2008 for me, but haven't done so for my wife yet. Do you know if it's feasable to put one IRA in both o...
by Belmont
Mon Dec 29, 2008 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: 2009 - Rebalancing Advice Needed
Replies: 8
Views: 1572

Sorry, I have corrected that section as well. No real reason other than I just haven't done it. I suppose I should considering the tax benefits. My IRA appears to be deductable? http://personal.fidelity.com/planning/retirement/retirement_planning.shtml.cvsr?bar=p Also, because we file jointly am I r...
by Belmont
Mon Dec 29, 2008 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: 2009 - Rebalancing Advice Needed
Replies: 8
Views: 1572

Hi Laura,

I have updated the above as requested.

Because of our income we do not qualify for a Roth, so I have just been maxing out the traditional IRA instead. My wife does qualify for one, however we have not opened one in her name.
by Belmont
Mon Dec 29, 2008 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: 2009 - Rebalancing Advice Needed
Replies: 8
Views: 1572

2009 - Rebalancing Advice Needed

Good Morning! I officially became a Boglehead late last year and have never looked back. I made some changes in early 2008 based on the advice of many here. http://www.bogleheads.org/forum/viewtopic.php?t=13543&highlight= I'm now pondering what rebalancing changes I need to make for 2009 and I'd lik...
by Belmont
Mon Sep 15, 2008 6:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard & Fidelity - Safe?
Replies: 5
Views: 3764

Vanguard & Fidelity - Safe?

What kind of impact, if any, could the current financial crisis have on these two firms?

It would seem that the market may start consolidating brokerages and banks in the coming months/years.
by Belmont
Sun Sep 14, 2008 8:12 am
Forum: Investing - Help with Personal Investments
Topic: FUSEX vs. VTI
Replies: 2
Views: 1396

FUSEX vs. VTI

Hi guys, So I ran my portfolio through M* X-Ray tool, and I noticed some hefty overlap between these two funds in large caps, and in looking at my portfolio as a whole VTI is essentially all of my mid and small cap holdings, since I have a 4 fund portfolio. Is this kind of overlap ideal? FUSEX is cu...
by Belmont
Fri May 02, 2008 10:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: Southern NJ/Philadelphia DH?
Replies: 1
Views: 2032

Southern NJ/Philadelphia DH?

Anything going on down in these parts?
by Belmont
Mon Apr 28, 2008 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund & 35% tax bracket
Replies: 18
Views: 4155

Thanks for the suggestions so far guys.

Overpar, my income is well above that, so I'm definitely in the 35% bracket.

I see a couple options for municipal money markets for my state. One is AMT and one isn't. I suppose I should go AMT?
by Belmont
Sun Apr 27, 2008 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund & 35% tax bracket
Replies: 18
Views: 4155

Emergency Fund & 35% tax bracket

So, I'm a little late in building my e-fund due to investing in the market and building a portfolio, so I'm going to spend the rest of the year investing in that. I put a few thousand in FSLXX, since I use Fidelity. It seems that in the higher tax brackets this type of MMF is not optimal and that I ...
by Belmont
Sat Apr 26, 2008 9:24 am
Forum: Investing - Help with Personal Investments
Topic: REIT in IRA - Fund vs. ETF?
Replies: 1
Views: 842

REIT in IRA - Fund vs. ETF?

I just realized that I have VGSIX in my IRA as opposed to the ETF equivalent. It's currently up 10% since I purchased it.

I do a once a year lump sum into my IRA for the maximum. Would I be better served selling the fund and buying the ETF for future contributions?
by Belmont
Sat Apr 26, 2008 9:22 am
Forum: Investing - Help with Personal Investments
Topic: UNIQUE 529 New Hampshire
Replies: 2
Views: 1370

UNIQUE 529 New Hampshire

Hi,

Does anyone here invest in this plan? If so, what's your advice for a 2027 target date?

http://personal.fidelity.com/planning/c ... shtml.cvsr
by Belmont
Mon Apr 21, 2008 11:51 am
Forum: Personal Finance (Not Investing)
Topic: HELOC Question
Replies: 1
Views: 1018

HELOC Question

I took out a small HELOC when I purchased my home and have sinced paid it off.

Typically, does that line of credit stay open forever? I like that it's there and can be tapped in the case of an emergency. Hopefully I never have to use it.
by Belmont
Sun Apr 20, 2008 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card?
Replies: 15
Views: 4303

Best Credit Card?

I've been using MBNA pretty steadily for the past few years, and I think I'm going to cancel it and look for something better.

What are you guys using, and why? What's your experience been overall?
by Belmont
Tue Feb 26, 2008 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA
Replies: 11
Views: 2948

Weird, Fidelity won't let me buy VFWIX, it says it's closed to new investors.

Should I just buy VEU? Since I invest a set amount monthly I don't think ETF is for me, but I'm open to suggestions.
by Belmont
Sun Feb 24, 2008 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help with AA
Replies: 11
Views: 2948

It almost seems too easy. :) Certainly a different mindset than what I've read on say, The Motley Fool for example, where it seems they are always trying to beat the market. I admire their goals, however I think this approach makes more sense to me overall. If I'm feeling passionate about a specific...
by Belmont
Sun Feb 24, 2008 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA
Replies: 11
Views: 2948

Thank you for the suggestions, keep 'em coming.

What would be an ideal way to invest new taxable money?
by Belmont
Sun Feb 24, 2008 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA
Replies: 11
Views: 2948

Thanks!

According to my math:

62% 401k
4% Traditional IRA
34% Taxable
by Belmont
Sun Feb 24, 2008 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA
Replies: 11
Views: 2948

Help with AA

Hello all, I hope you guys can help me maximize my 401k, traditional IRA and taxable accounts. I appreciate your help in advance! Here's the skinny. I am in the highest tax bracket therefore I cannot open a Roth. I just turned 28 and my wife is 27. She is a stay at home mom and doesn't have a 401k o...