Search found 748 matches

by Jerry55
Sun May 17, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20885

Re: Vanguard brokerage account transition

Perhaps this is an unfair assessment, but that's my take after months of reading these threads. Folks, you aren't too old to change. Take the leap. The water's fine. Perhaps. Then again, if you get tired of reading some of these, and they are "Circular" to you.... Click on that little wrench at the...
by Jerry55
Sun May 17, 2020 12:28 am
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20885

Re: Vanguard brokerage account transition

Cheez-It Guy wrote:
Sat May 16, 2020 4:39 pm
Some folks are just being needlessly stubborn about this. Just do it for the common good and move on.

Maybe you should do as you please, and move on.....

:oops: :annoyed :thumbsdown :thumbsdown :thumbsdown :thumbsdown :thumbsdown :thumbsdown :oops: :annoyed
by Jerry55
Sat May 16, 2020 1:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20885

Re: Vanguard brokerage account transition

I too, received the Nag-Mail and quickly disposed of it after reading. They talk about all the wonderful things I can do with the brokerage account, like ETF's and the like. My only issue is that, I'm retired, I have 2 accounts there that have been stagnant since 2011 and have not added anything. I ...
by Jerry55
Sat Apr 25, 2020 11:35 pm
Forum: Personal Investments
Topic: I love Wellesley Income but would it get killed with rising rates? Would it be very bad to own in the 12% bracket?
Replies: 16
Views: 2477

Re: I love Wellesley Income but would it get killed with rising rates? Would it be very bad to own in the 12% bracket?

I also love Wellesley (ROTH IRA) which is about 15% of my holdings and held for legacy purposes.

10 years and I don't think that will ever change.
by Jerry55
Tue Apr 14, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: FERS (Federal) Deferred Retirement
Replies: 7
Views: 722

Re: FERS (Federal) Deferred Retirement

Pretty good, however, I believe your pension multiple at age 62 is 1.1%, not 1%. That would be a 10% increase overall. You'd have to get SS at age 62, but can wait if you can afford to. Please make sure you max out your TSP as much as possible, at least enough to get the 5% match. Everyone I know bo...
by Jerry55
Sun Apr 12, 2020 6:41 pm
Forum: Personal Investments
Topic: Is there a conservative fund?
Replies: 20
Views: 1446

Re: Is there a conservative fund?

There's also Vanguard Wellesley (billed as being Conservative) that I have in my Roth IRA
by Jerry55
Sun Apr 05, 2020 11:08 pm
Forum: Personal Investments
Topic: Where to park a house fund?
Replies: 21
Views: 1945

Re: Where to park a house fund?

bawaso wrote:
Sun Apr 05, 2020 6:02 pm
Thanks. Yeah, so right now my PNC High Yield Savings is at 1.25%.
Let it rest good man. If you're gonna move it and purchase in a short period of time, stop reaching. Relax.
by Jerry55
Wed Apr 01, 2020 8:27 pm
Forum: Personal Investments
Topic: Decrease Retirement to increase EF?
Replies: 22
Views: 1369

Re: Decrease Retirement to increase EF?

averagelonghorn wrote:
Wed Apr 01, 2020 8:17 pm
At LEAST keep enough to get full match (assuming you have one), but a slight pullback to increase EF is ok in my book if it helps you feel more secure. (If not maxing Roth IRA yet you can do that first.)
+1

Took the words right out of my keyboard
by Jerry55
Fri Mar 27, 2020 7:53 pm
Forum: Personal Investments
Topic: Vanguard Removed Option to Open Mutual Fund Only Non Brokerage Account?
Replies: 24
Views: 1610

Re: Vanguard Removed Option to Open Mutual Fund Only Non Brokerage Account?

You've clearly read a lot about this, so I'm sure you have a good reason. Just curious. No reason to move or change. My Roth IRA is for legacy purposes, and I just want them to send my quarterly payments from Wellington. I only log on quarterly to see what my dividends, etc will be, then I'm gone. ...
by Jerry55
Thu Mar 26, 2020 11:32 pm
Forum: Personal Investments
Topic: Vanguard Removed Option to Open Mutual Fund Only Non Brokerage Account?
Replies: 24
Views: 1610

Re: Vanguard Removed Option to Open Mutual Fund Only Non Brokerage Account?

I have Wellesley Roth IRA and Wellington Taxable, and got those "Nag Screens" to transition my accounts. After sending them a secure message, I received an answer, and I will select the part that proves me correct. I Don't Need to transition. Being retired, all I can do is maybe open another Mutual ...
by Jerry55
Wed Mar 25, 2020 10:13 pm
Forum: Personal Investments
Topic: Vanguard Removed Option to Open Mutual Fund Only Non Brokerage Account?
Replies: 24
Views: 1610

Re: Vanguard Removed Option to Open Mutual Fund Only Non Brokerage Account?

I was considering doing the same, so, I'll watch this post with keen interest.
by Jerry55
Sun Mar 22, 2020 8:27 pm
Forum: Personal Investments
Topic: Wellesley and the safety of Corporate Bonds in fund?
Replies: 14
Views: 1034

Re: Wellesley and the safety of Corporate Bonds in fund?

Both Wellesley and Wellington are very popular funds here with a proven track record. DW and I have them in our portfolios. No worries. j :happy I'm with Sandtrap...I have both. Wellesley in my Roth IRA, Wellington in taxable. My TSP is the one that gives me fits...but, I'm almost 65, and will addr...
by Jerry55
Tue Mar 10, 2020 5:09 pm
Forum: Personal Investments
Topic: Wellesley catching up to Wellington
Replies: 7
Views: 1283

Re: Wellesley catching up to Wellington

The majority of my funds are in the TSP..... HOWEVER ~ 25% of my total investments are in Vanguard Wellesley 67% and Wellington 33% respectively. I chose them almost 10 years ago for a reason, and that reason has never changed, regardless of what one does in relation to the other. They serve the pur...
by Jerry55
Tue Mar 03, 2020 2:48 pm
Forum: Personal Investments
Topic: Rate cut - so whats next for cash
Replies: 28
Views: 4592

Re: Rate cut - so whats next for cash

If it's an emergency fund, that's what it's for....emergencies. 0.1% or 2%. Doesn't make any difference.

I have rolling 26 week T-Bills, and one rolled over automatically yesterday and will be issued 3/5. Rate is ~1.1% :sharebeer :greedy :moneybag
by Jerry55
Sun Mar 01, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Worth using a CPA for my taxes this year?
Replies: 39
Views: 2620

Re: Worth using a CPA for my taxes this year?

IMHO...if you have doubts, get a qualified CPA.

Don't be cheap if it'll make you feel better. If it comes out that you were correct all along, that was a small price to pay for assurances.
by Jerry55
Sat Feb 29, 2020 2:45 am
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 205
Views: 40175

Re: Indexing beats Wellington and Wellesley right?

The challenge is sifting talent from luck. And, once you find talent, what do you do when it dies / retires. I believe everyone here has a point, and one that is particular to their own circumstance, which is fine. IMHO, everyone is not searching for the next "Wild Ride to beat the stars" so to spe...
by Jerry55
Fri Feb 28, 2020 7:41 pm
Forum: Personal Investments
Topic: Help w Fed Employee TSP C Fund
Replies: 33
Views: 2253

Re: Help w Fed Employee TSP C Fund

As what White Coat Investor said, this will blow over, unless you are retiring in the next 2-5 years that you need to preserve your dollar amount, this is a huge buying opportunity, can we say ‘ON SALE’. Remember the C fund is only losing value, you’re not losing money until you sell. Like White co...
by Jerry55
Fri Feb 28, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 205
Views: 40175

Re: Indexing beats Wellington and Wellesley right?

Wellesley Opened Monday 2/24 @ $67.39
Wellesley Closed Friday 2/28 @ 65.39
according to my Yahoo tracker.
by Jerry55
Wed Feb 26, 2020 8:43 pm
Forum: Personal Investments
Topic: Tax Help
Replies: 10
Views: 1052

Re: Tax Help

The Vanguard consolidated Form 1099 includes interest (1099-INT), dividends and capital gain distributions (1099-DIV) and sales (1099-B) summarized on page 1 with detail on the pages behind it. You won’t receive any additional separate Form 1099s. TurboTax Deluxe desktop will handle all of the abov...
by Jerry55
Tue Feb 25, 2020 11:48 pm
Forum: Personal Investments
Topic: Help w Fed Employee TSP C Fund
Replies: 33
Views: 2253

Re: Help w Fed Employee TSP C Fund

All good advice above. Stay the course, however, you don't mention your age, etc, so there are many mitigating factors. Why not a good L fund ? If you're nervous about your allocation, maybe you're invested wrong. You should feel comfortable in your asset allocation. I retired in 2012, and have been...
by Jerry55
Tue Feb 25, 2020 10:51 pm
Forum: Personal Investments
Topic: FED TSP vs. Rollover VG IRA
Replies: 7
Views: 462

Re: FED TSP vs. Rollover VG IRA

I was still planning on collecting my FERS pension, but with 20 years of Federal Government service instead of a higher amount like 30+ years of service. I've worked with the government long enough to be fully vested and collect my FERS pension. Other than what's mentioned above which I agree with ...
by Jerry55
Mon Feb 24, 2020 10:47 pm
Forum: Investing - Theory, News & General
Topic: Indexing beats Wellington and Wellesley right?
Replies: 205
Views: 40175

Re: Indexing beats Wellington and Wellesley right?

In my Admiral Shares of each, I'll just put the stock price followed by the drop today 2/24/2020 Wellington Stock Price - $75.18 Lost - $1.52 Wellesley Stock Price - $67.39 Lost - $0.51 I won't bother to include my TSP (80/10/10 of C/S/I) and Dodge & Cox International Stock Fund Fund. I feel better ...
by Jerry55
Sat Feb 22, 2020 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Help me prove to her those figures are WRONG ! [Income tax penalty]
Replies: 20
Views: 3093

Re: Help me prove to her those figures are WRONG !

They owe ~ $4,500 at 5% interest compounded DAILY, not including about $250-$300 penalty. ETA 2: At first I thought you meant your wife as "her" and I wasn't going to help you prove her wrong. :twisted: Oh I understand it....the 5% is the annual interest rate "Compounded daily"....they don't get it...
by Jerry55
Fri Feb 21, 2020 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help me prove to her those figures are WRONG ! [Income tax penalty]
Replies: 20
Views: 3093

Help me prove to her those figures are WRONG ! [Income tax penalty]

I have a friend who, under difficult circumstances, applied for "Obama-Care" but since their job gave them a bonus, wound up owing almost $4,500 to the IRS for failure to NOT adjust their earnings for the year. Now, the IRS claims they owe about $4,500 in back taxes at 5% interest Compounded DAILY. ...
by Jerry55
Mon Feb 17, 2020 8:34 pm
Forum: Personal Investments
Topic: Should I transition to Vanguard Brokerage Services
Replies: 19
Views: 2133

Re: Should I transition to Vanguard Brokerage Services

I've been getting that "NAG SCREEN" for almost 1 year now, so I wrote them an email online and here's their response. NOTE ~ I only have 2 mutual funds there (Wellesley ROTH IRA and Wellington Taxable). I'm retired and don't contribute to either of them. I've had them for about 9 years and last year...
by Jerry55
Mon Feb 17, 2020 7:12 pm
Forum: Personal Investments
Topic: GE Wabco Merger
Replies: 53
Views: 8863

Re: GE Wabco Merger

I knew NOTHING about Wabco until I got rid of my GE I've had for 10 years. I had 600 shares but when I got the paperwork from TD Ameritrade, I couldn't make heads or tails of it. Apparently, GE only kept data from my last 100 shares I purchased, leaving me in a lurch, but they did show about 3 Wabco...
by Jerry55
Sun Feb 16, 2020 8:44 pm
Forum: Investing - Theory, News & General
Topic: When did (will) your accumulation phase end?
Replies: 36
Views: 3371

Re: When did (will) your accumulation phase end?

Like others above, it ended when I stopped working in 2012, as I can no longer contribute to my TSP or any other investments per se. I haven't begun "De-Accumulating" if there's such a term, but it fits perfectly. It's still in the TSP, rather aggressively for my age though. It's doubled since 2012 ...
by Jerry55
Sun Feb 16, 2020 7:47 pm
Forum: Investing - Theory, News & General
Topic: [Should I make my 2019 Roth contribution now or wait?]
Replies: 11
Views: 896

Re: [Should I make my 2019 Roth contribution now or wait?]

You have until Mid April, but do it before then. You can do it all at once, or put it in with 4,5 or 6 equal installments to catch any market fluctuations. The choice is totally up to you, but if you miss this chance, it's gone forever.
by Jerry55
Sat Feb 15, 2020 1:06 am
Forum: Personal Investments
Topic: Small Cap fund - Russell 2000 [underperforming - should I sell?]
Replies: 18
Views: 1654

Re: Small Cap fund - Russell 2000

Every dog has it's day. In my TSP, I'm 80% C Fund (S & P 500), 10% International Fund (MSCI Index) and 10% S Fund (Small Cap) Over the past 2 years, my C Fund gained ~ 28%, International Fund ~ 7% and Small Cap ~ 14% I know things move and change, but, that's my allocation and will stick with it. I'...
by Jerry55
Thu Feb 13, 2020 10:05 pm
Forum: Personal Investments
Topic: Sold for a loss, now what ?
Replies: 9
Views: 1689

Re: Sold for a loss, now what ?

Final Report.... Apparently, TD Ameritrade had only data on 100 of the 600 shares I purchased, however, I had the total amount spent in 2 different places. (Yahoo Finance and Vanguard). So, I took the total spent, divided it by 6 and used 5/6 of that figure to claim the remaining loss. $9,912 / 6 = ...
by Jerry55
Thu Feb 13, 2020 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax and 1099R question
Replies: 4
Views: 510

Re: Turbotax and 1099R question

FINAL WORD ~

I love TurboTax. Works just as both of you said, I'll continue to use it, as I'm an Intuit user in general. (Willmaker and Family Law pdf)
by Jerry55
Wed Feb 12, 2020 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much do I need in emergency fund with diversified income?
Replies: 3
Views: 453

Re: How much do I need in emergency fund with diversified income?

i agree with Nate79...unforeseen circumstances can make things go off the rail without notice, bar none. I can tell you what I do, but we're different people with different ideas and options. Obviously, you're aware of the "Standard Protocol", but, what do you think YOU Need, and where do you think ...
by Jerry55
Wed Feb 12, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Tactic to Induce Myself to Keep Working
Replies: 26
Views: 2880

Re: Tactic to Induce Myself to Keep Working

Good question and one which only you can answer. Here's 3 scenarios.... 1. Friend retired, has been good for 28 years, still happy, although health is now an issue. 2. Friend retired, immediately had health problems and stumbled thru life, has been for 12 years. 3. Friend retired, died within 1 year...
by Jerry55
Tue Feb 11, 2020 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax and 1099R question
Replies: 4
Views: 510

Re: Turbotax and 1099R question

If you keep going, you'll get to it pretty soon. The order of the sections in the Wages & Income portion of the interview is: Wages & Salaries Unemployment 1099-MISC & Other Common Income Interest & Dividends Investment Income Retirement Plans & Social Security <--- this is where you enter your 109...
by Jerry55
Tue Feb 11, 2020 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax and 1099R question
Replies: 4
Views: 510

Turbotax and 1099R question

Maybe I'm used to using TaxAct, which asks for 1099R info up-front, however, it's asking for all sorts of OTHER types of income including dividends, Interest income, etc. I tried to bypass that and just typed in 1099R and it takes me to a Q & A page on how to add it in the beginning (No direct link ...
by Jerry55
Thu Feb 06, 2020 10:21 pm
Forum: Personal Investments
Topic: Why is my Vanguard account balances always delayed?
Replies: 21
Views: 1823

Re: Why is my Vanguard account balances always delayed?

tomd37 wrote:
Thu Feb 06, 2020 9:39 pm
I am not sure exactly what you mean, but when I look at my Vanguard account, which only contains VG mutual funds, they are updated with the day's new balances at around 6pm CST.
+1

W & W funds, about 5:15 pm CST
by Jerry55
Thu Feb 06, 2020 6:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 212
Views: 20885

Re: Vanguard brokerage account transition

I was going to wait and see if VG forced me to transition to a Brokerage Account as I only have 2 mutual funds there. I asked a series of questions (3) but here's the bottom line, as far as I'm concerned.....I don't have to transition to a Brokerage Account. Their response to my question that I care...
by Jerry55
Thu Jan 30, 2020 9:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Wellington and Wellsley over the last 20 years
Replies: 77
Views: 11302

Re: Vanguard Wellington and Wellsley over the last 20 years

Any holders of Wellington in taxable out there? If so, has it been OK for you? I have, although it's half the size of my ROTH IRA, about 10% of my overall holdings and is the only taxable Mutual Fund I have. I've had it for 9 years or so, and kept reinvesting, but I decided to begin taking distribu...
by Jerry55
Thu Jan 30, 2020 9:19 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Wellington and Wellsley over the last 20 years
Replies: 77
Views: 11302

Re: Vanguard Wellington and Wellsley over the last 20 years

My solo 401k is 100% Wellesley. It is my single largest holding. The past performances is great, but that’s not why I chose it. It closely mirrors my 30/70 target AA....... It’s a solid, sleep well fund. Agreed 100%. Even though my TSP is my largest holding (80/10/10.....C, S & International) I had...
by Jerry55
Mon Jan 27, 2020 10:03 pm
Forum: Investing - Theory, News & General
Topic: Wellington & Wellesley
Replies: 62
Views: 14305

Wellington & Wellesley

I think this is something that you can only really understand if you've actually done what you believed was "due diligence" and invested in active funds you - and the rest of the world, or fund forum members, as in this case - had confidence in, and had those investments go south (relative to bench...
by Jerry55
Mon Jan 27, 2020 4:39 pm
Forum: Personal Investments
Topic: Sold for a loss, now what ?
Replies: 9
Views: 1689

Re: Sold for a loss, now what ?

I still have the basis when I put that data into Yahoo Finance, but they discontinued updating it. However, the entire cost is there, just not the lots I purchased at various prices, in groups of 50. I called today, and they told me the data is prelimanary, and the actual 1099 should be correct when...
by Jerry55
Sun Jan 26, 2020 11:14 pm
Forum: Personal Investments
Topic: Sold for a loss, now what ?
Replies: 9
Views: 1689

Re: Sold for a loss, now what ?

https://drive.google.com/file/d/1E4fmi7OwwmMs5OcaUxUCgqlfkBLYZa46/view From that screenshot it looks like you have a $1,907 gain, not a loss. That's what bothers me. I purchased those 600 shares for about 9K, sold for around $4,300 I paid averaging $14-$18 per share, and sold for around $8.50, so t...
by Jerry55
Sun Jan 26, 2020 10:14 pm
Forum: Personal Investments
Topic: Sold for a loss, now what ?
Replies: 9
Views: 1689

Re: Sold for a loss, now what ?

Thanks all. I went to their site and saw stuff that I don't understand, which is why I'm staying with Mutual Funds. I know what I paid, and I know what I got back, but their page confuses me even more. I'll wait til the tax forms are put out, and see what they say.....I certainly hope it's easy, lik...
by Jerry55
Sun Jan 26, 2020 8:55 pm
Forum: Personal Investments
Topic: Sold for a loss, now what ?
Replies: 9
Views: 1689

Sold for a loss, now what ?

I sold 600 shares of GE Stock last year for a loss of about $4,000 or so..... ~ 9K purchases Bought on Scott Trade which was taken over by TD Ameritrade. Would the paperwork I receive indicate the loss that's easy to discern ? I have the purchase price still indicated on Yahoo..... It was my only st...
by Jerry55
Wed Jan 22, 2020 9:49 pm
Forum: Personal Investments
Topic: Wellesley vs. Federal Money Market in Taxable Brokerage
Replies: 10
Views: 1019

Re: Wellesley vs. Federal Money Market in Taxable Brokerage

How much taxable income does Wellesley generate each year? Where can I find that info? I hold Wellesley in my ROTH IRA, and it was mentioned above about the tax tail wagging the dog. Last year, my account was, by their website returning 16.47% Now, If I have to pay tax on those earnings, IMO, it's ...
by Jerry55
Wed Jan 15, 2020 12:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 343
Views: 94479

Re: Vanguard's Wellesley Income fund is incredible

Never let the tax tail wag the investment dog. So very true. Just because someone has Wellesley doesn't mean it's their ONLY holding. I have Wellesley, but in a ROTH IRA account, primarily due to a VCP conversion that I maxed out, as far as the amount I could contribute (6 figures). I DID put the r...
by Jerry55
Tue Jan 14, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Capitol losses in TurboTax deluxe ?
Replies: 3
Views: 237

Re: Capitol losses in TurboTax deluxe ?

Thank you very much dual...
I was at Sam's Club today and saw it for $39.95 but wanted to double check before I purchased it.

And thanks for the warning Homestretch ~
by Jerry55
Tue Jan 14, 2020 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Capitol losses in TurboTax deluxe ?
Replies: 3
Views: 237

Capitol losses in TurboTax deluxe ?

It's been 10 years since I've sold a Stock, which was Ford in Jan 2010 for a profit. At the same time I purchased Ford, I also bought 600 shares of GE, but decided to sell and use the $4,000 loss to offset gains in other investments. Last time I used TaxAct, but they've gotten to the point of being ...
by Jerry55
Sat Jan 11, 2020 8:48 pm
Forum: Personal Investments
Topic: How do I add other accounts to Vanguard?
Replies: 5
Views: 504

Re: How do I add other accounts to Vanguard?

I have outside accounts I monitor in Vanguard as well. I HAD 600 shares of GE Stock (recently sold), 1,400 shares of Dodge & Cox International (DODFX) Vanguard Wellington Taxable and Wellesley ROTH IRA, plus my Federal Thrift Savings Plan (TSP / 401K) I Track my 2 Vanguard accounts there, as well as...
by Jerry55
Tue Dec 31, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: [TSP - Inheritance Rule Changes due to the SECURE Act]
Replies: 18
Views: 1661

Re: [TSP - Inheritance Rule Changes due to the SECURE Act]

chemocean wrote:
Tue Dec 31, 2019 1:21 pm
I looked into the timing of the distribution to a non-spousal beneficiary of an original owner of a TSP and received documents that are not ordinary available ..........

EXCELLENT Post and Great Idea indeed ! Thank You for that !