Search found 13208 matches

by pkcrafter
Fri Apr 19, 2019 11:14 am
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 37
Views: 2334

Re: Fire my financial advisor now or later? (recent windfall help needed)

Welcome, Investingdeacon, The first thing to remember is this windfall is your money, not your family's money or ML's money. You have landed on the Bogleheads site and that is very fortunate for you. So, I suggest you do nothing with the windfall money until you realize the decisions you make should...
by pkcrafter
Thu Apr 18, 2019 11:17 am
Forum: Personal Investments
Topic: Locked into [American Funds] - best choices?
Replies: 14
Views: 818

Re: Locked into AF - best choices?

Another reader who came to Bogleheads late in the game. So, bear with me. I purchased American Funds a long time ago and now have a portfolio exceeding $300K. I am about 5 years from retirement so don't want to take the tax hit by cashing out and purchasing index funds. But, I am looking for advice...
by pkcrafter
Wed Apr 17, 2019 2:41 pm
Forum: Personal Investments
Topic: Advice and direction for new 401k and fund options
Replies: 6
Views: 252

Re: Advice and direction for new 401k and fund options

What are the expense ratios of the following funds? BlackRock Inflation Protected Bond Fund Class K MFS International Value Fund Class R6 MFS Mid Cap Value Fund Class R6 Northern Trust Aggregate Bond Index Fund Northern Trust All Country World ex-US Investable Market Index Fund - DC - Non-Lending - ...
by pkcrafter
Sun Apr 14, 2019 11:00 pm
Forum: Personal Investments
Topic: My advisor VS Vanguard's PAS
Replies: 70
Views: 4566

Re: My advisor VS Vanguard's PAS

MOH, are you with a DFA advisor?

Would you mind listing the assets in your taxable account, including tickers. That will give us some insight into your advisor’s style.

Paul
by pkcrafter
Sun Apr 14, 2019 3:39 pm
Forum: Personal Investments
Topic: From "The Bogleheads Guide to Investing" - a question
Replies: 8
Views: 1084

Re: From "The Bogleheads Guide to Investing" - a question

Here are best Vanguard tax efficient bond funds for taxable. Note: you don't have to use Vanguard funds, but you should use the same type of funds listed here:

https://www.thebalance.com/best-vanguar ... ts-4121221

Paul
by pkcrafter
Sun Apr 14, 2019 9:22 am
Forum: Personal Investments
Topic: FXNAX "Asset Backed Sector Diversifaction"
Replies: 3
Views: 355

Re: FXNAX "Asset Backed Sector Diversifaction"

FXNAX is a standard "total bond" fund, and Morningstar shows it has 29% in "securitized" investments and most all of it is in mortgaged backed securities. FXNAX is very similar to Vanguards total bond index, but Vanguard's VBMFX has 25% in securitized investments. http://portfolios.morningstar.com/f...
by pkcrafter
Thu Apr 11, 2019 8:42 pm
Forum: Personal Investments
Topic: New Member Seeking Financial Review and Constructive Criticism :)
Replies: 12
Views: 1515

Re: New Member Seeking Financial Review and Constructive Criticism :)

Deadload, your saving rate appears to be good. Recommendations usually start at about 12% to 15% of gross income and you appear to be exceeding that.
by pkcrafter
Thu Apr 11, 2019 10:01 am
Forum: Personal Investments
Topic: Does a company 401k need a financial planner?
Replies: 32
Views: 1962

Re: Does a company 401k need a financial planner?

zlandar, here are a couple of links for you regarding planners and fiduciary responsibility https://www.employeefiduciary.com/blog/meeting-401k-fiduciary-responsibility https://www.investmentnews.com/article/20180213/FREE/180219984/401-k-plan-sponsors-are-increasingly-hiring-fiduciary-advisers http:...
by pkcrafter
Wed Apr 10, 2019 2:29 pm
Forum: Personal Investments
Topic: Clean up Taxable Brokerage Acct
Replies: 11
Views: 900

Re: Clean up Taxable Brokerage Acct

Sorry for the confusion. "tax" should be typed in the box upper right corner. My thinking is these funds should not be in taxable -- VBIAX Vanguard Balanced Index Admiral VWEHX Vanguard High-Yield Corporate Fund Invest Shares VBIRX Vanguard Short-Term Bond Admiral Shares VBTLX Vanguard Total Bond Ad...
by pkcrafter
Wed Apr 10, 2019 12:14 pm
Forum: Personal Investments
Topic: Clean up Taxable Brokerage Acct
Replies: 11
Views: 900

Re: Clean up Taxable Brokerage Acct

AlphaPilot, use this Wiki link to learn about taxes.

When you open the Wiki, type "tax" into the Bogleheads search box and you will get several options for reading. Send it to your friends.

https://www.bogleheads.org/w/index.php? ... arch&go=Go

Paul
by pkcrafter
Wed Apr 10, 2019 11:36 am
Forum: Personal Investments
Topic: Just One Investment Company?
Replies: 4
Views: 503

Re: Just One Investment Company?

mkwmkw wrote:
Sat Apr 06, 2019 1:44 pm
I am going to liquidate a managed brokerage account and start managing it myself. Should I put it into my current brokerage account and invest from there or should I choose another company? I am thinking about the "too big to fail" issue.
Where is your current brokerage account?


Paul
by pkcrafter
Wed Apr 10, 2019 11:27 am
Forum: Personal Investments
Topic: Clean up Taxable Brokerage Acct
Replies: 11
Views: 900

Re: Clean up Taxable Brokerage Acct

Helping a family member clean up their portfolio. Most of these funds seems like they overlap. They want to get down to a 3-5 fund portfolio and are looking to be about 40-45% stocks, then the rest in secure but still better earning funds than just a money market (so bonds I assume). In a couple (2...
by pkcrafter
Mon Apr 08, 2019 3:44 pm
Forum: Personal Investments
Topic: Is it worth combining a Traditional IRA and SIMPLE IRA?
Replies: 5
Views: 308

Re: Is it worth combining a Traditional IRA and SIMPLE IRA?

arazi: We've completed the transfer to Vanguard of everything but the SIMPLE IRA (for some reason that transfer was marked closed but it doesn't appear anything was transferred - am following up with Customer Service). One possibility is that Vanguard does not carry the funds that are in the SIMPLE ...
by pkcrafter
Sat Apr 06, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: It Didn't Rain!
Replies: 9
Views: 2154

It Didn't Rain!

What has this got to do with investing, you ask. It's like this... Thursday's weather forecast predicted 100% rain for Friday evening, and as a result many plans were changed at some expense and much inconvenience. Then it didn't rain. I was very surprised that major weather forecasters would ever p...
by pkcrafter
Sat Apr 06, 2019 10:38 am
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6253

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

For those who have a gambling account, remember if you start with 10% of investable assets and you lose it, you can't begin again with another 10%. :happy

Paul
by pkcrafter
Sat Apr 06, 2019 9:49 am
Forum: Personal Investments
Topic: DFA Advisory Fees vs. Weighted Returns
Replies: 9
Views: 530

Re: DFA Advisory Fees vs. Weighted Returns

Rick, thanks for one of the most valuable posts ever! The simplest solution is usually the best. But if that’s true, why do investment strategies recommended by AUM advisers tend to gravitate toward the complex rather than the elegant? Because it's how many advisers get paid. :shock: :oops: Truth be...
by pkcrafter
Tue Apr 02, 2019 11:31 am
Forum: Personal Investments
Topic: Asset allocation "tests"
Replies: 22
Views: 1235

Re: Asset allocation "tests"

Laurizas, what is mom's initial withdrawal rate going to be? You have to consider need to take stock risk, ability to take risk, and willingness to take risk. Your mom does have some need, even if withdrawal rate is 3-4% annually. If no stock exposure, she won't be able to keep up with inflation and...
by pkcrafter
Tue Apr 02, 2019 10:35 am
Forum: Personal Investments
Topic: I bought a stock for the first time.
Replies: 66
Views: 3962

Re: I bought a stock for the first time.

I just bought LYFT, it cost me $7 in fees and I have almost no voting rights. I got caught up in the hype of the bell ringing and hoopla. Is there a support group for traders like there is for gamblers? :( Well, do you want 400 Bogleheads showing up on your porch for an intervention? :happy Paul
by pkcrafter
Sat Mar 30, 2019 1:00 am
Forum: Investing - Theory, News & General
Topic: Bogle: problem with index funds
Replies: 3
Views: 1087

Bogle: problem with index funds

“If historical patterns hold, index funds’ popularity could soon become a problem, Bogle argues. “A handful of giant institutional investors will one day hold voting control of virtually every large U.S. corporation.”

http://money.com/money/5468239/jack-bog ... ds-problem

Paul
by pkcrafter
Thu Mar 28, 2019 9:48 am
Forum: Personal Investments
Topic: Today I turned 30, and I woke up wanting to better my financial future!
Replies: 46
Views: 4321

Re: Today I turned 30, and I woke up wanting to better my financial future!

Welcome, Hello all! My job has a nice pension plan - I add 6.7% of my earnings while my company matches 6.7% for a total of 13.4%. How is this money invested? My wife has a Roth 401k account through her work where she adds 6% of her earnings while her company matches 3%. What is wife holding in her ...
by pkcrafter
Wed Mar 27, 2019 10:31 am
Forum: Personal Investments
Topic: Investment advice wanted
Replies: 9
Views: 1122

Re: Investment advice wanted

Investing through a bank is not a good idea. Fees will be much higher because the bank takes a fee and the investment company takes a fee. Move everything to either Vanguard, Fidelity, or Schwab. The IRA will require a custodian to custodian transfer that will be initiated by the company you choose ...
by pkcrafter
Wed Mar 27, 2019 9:42 am
Forum: Personal Investments
Topic: Fidelity Index Fund List - Duplicates?
Replies: 9
Views: 604

Re: Fidelity Index Fund List - Duplicates?

Why are you not sold on the 3 fund? It buys the entire world market. Are you looking for MEEEC (Mars Equity Explorer Extraterestrial Class) or something? Beyond owning the entire market, you can't be more diversified. Ticker = MEEEX, universe index fund, but not total universe. :happy Joe, the 3-fu...
by pkcrafter
Tue Mar 26, 2019 4:34 pm
Forum: Personal Investments
Topic: Experience with Edward Jones?
Replies: 71
Views: 6030

Re: Experience with Edward Jones?

I pay a yearly administrative fee so I would prefer to leave it there until the end of the year and it's doing pretty well as far as growth. You pay an advisor fee, what is it - 1.35%? You do not pay it to the end of the year if you leave now. You only pay for the time you use the advisory service....
by pkcrafter
Tue Mar 26, 2019 1:44 pm
Forum: Personal Investments
Topic: The IRA Lightbulb just went on
Replies: 28
Views: 3856

Re: The IRA Lightbulb just went on

Yes to charitable contributions.
Yes, to Roth conversions

All withdrawals from IRA will be taxed at regular income, no matter what you hold.

Please list what you are holding in taxable accounts.

Paul
by pkcrafter
Mon Mar 25, 2019 7:43 pm
Forum: Personal Investments
Topic: investment grade corporate bond funds fall in downturn?
Replies: 17
Views: 1537

Re: investment grade corporate bond funds fall in downturn?

VG total market bond index annual returns. The fund gained in 2008 and 2009.

https://finance.yahoo.com/quote/vbmfx/performance/


Paul
by pkcrafter
Mon Mar 25, 2019 2:56 pm
Forum: Personal Investments
Topic: New investor seeking portfolio guidance
Replies: 6
Views: 593

Re: New investor seeking portfolio guidance

Welcome, Calisun, Hello, I’ve been reading the threads on this forum and truly admire the thoughtfulness of the members. We are both beginner DIY investors and looking for the advice of this community. Over the last year, we have been educating ourselves on investing by reading Andrew Tobias, Jack B...
by pkcrafter
Sat Mar 23, 2019 10:39 am
Forum: Personal Investments
Topic: Help With Allocation Percentages For 403B
Replies: 2
Views: 178

Re: Help With Allocation Percentages For 403B

Hello, Are my current percentages correct for this strategy and wanting to be invested in the total stock market? I am particularly wondering if I have enough allocated to my small caps. Thank you for your help! :beer Currently at (Rounds to nearest %) S SS EQUITY 500 IDX K 81.0% SS SMID CAP EQ IDX...
by pkcrafter
Fri Mar 22, 2019 6:34 pm
Forum: Personal Investments
Topic: Target Funds and Risk Tolerance
Replies: 12
Views: 1003

Re: Target Funds and Risk Tolerance

bck, is your TR fund in a tax-advantaged account or taxable? TR funds can be too hot approaching retirement, so you may want to change what you are holding. As to what to change to, it depends if acc is taxable. What will your initial withdrawal rate be? Paul This is a 403B that I am rolling over t...
by pkcrafter
Fri Mar 22, 2019 5:36 pm
Forum: Personal Investments
Topic: Target Funds and Risk Tolerance
Replies: 12
Views: 1003

Re: Target Funds and Risk Tolerance

bck, is your TR fund in a tax-advantaged account or taxable? TR funds can be too hot approaching retirement, so you may want to change what you are holding. As to what to change to, it depends if acc is taxable. What will your initial withdrawal rate be? Paul This is a 403B that I am rolling over t...
by pkcrafter
Fri Mar 22, 2019 1:49 pm
Forum: Personal Investments
Topic: Excellent site for bond basics
Replies: 3
Views: 561

Excellent site for bond basics

Here's a very good site for learning about bonds.

http://www2.investinginbonds.com/learnm ... id=2&id=62


Paul
by pkcrafter
Fri Mar 22, 2019 1:44 pm
Forum: Personal Investments
Topic: Bond fund in taxable account
Replies: 1
Views: 338

Re: Bond fund in taxable account

Welcome,

I couldn't find anything specific, but ISTB does not appear to be as tax efficient as might be expected.

Information on ISTB. See asset allocation - 37% in corporate debt, and 8% in mortgage backed securities.

https://etfdb.com/etf/ISTB/

Paul
by pkcrafter
Fri Mar 22, 2019 1:04 pm
Forum: Personal Investments
Topic: DCA disbursement
Replies: 2
Views: 203

Re: DCA disbursement

Bumping up for further comment.

My first thought is to take the DCA distribution over 10 years, but taxes are certainly a consideration. It appears you are in good shape and AA is good at 50/50.

How are the taxable assets invested?

Paul
by pkcrafter
Fri Mar 22, 2019 12:29 pm
Forum: Personal Investments
Topic: Roth IRA Surprised me
Replies: 7
Views: 1465

Re: Roth IRA Surprised me

DrGoogle2017 wrote:
Fri Mar 22, 2019 12:22 pm
Ask the brokerage to switch it to non deductible IRA and then convert to Roth IRA.
Tech, this is called a backdoor Roth.

https://www.bogleheads.org/wiki/Backdoor_Roth

Paul
by pkcrafter
Fri Mar 22, 2019 11:13 am
Forum: Personal Investments
Topic: What to do?
Replies: 16
Views: 2279

Re: What to do?

Welcome, Brand new to the forum. Here’s my situation: I am a relative novice at investments. At age 69 I have managed to accumulate a bit over $500k with the guidance of financial advisors. I receive an adequate monthly retirement pension, so I hope to leave this sum as an inheiritance to my family....
by pkcrafter
Thu Mar 21, 2019 10:00 pm
Forum: Personal Investments
Topic: What kind of financial product is this?
Replies: 7
Views: 672

Re: What kind of financial product is this?

Someone is smoozing you. Don’t talk to this salesman again.This is no doubt a tax deferred annuity, and they are very expensive.

https://finance.zacks.com/pros-cons-tax ... -4032.html


Paul
by pkcrafter
Thu Mar 21, 2019 9:59 pm
Forum: Personal Investments
Topic: What kind of financial product is this?
Replies: 7
Views: 672

Re: What kind of financial product is this?

Someone is smoozing you. Don’t talk to this salesman again.This is no doubt a tax deferred annuity, and they are very expensive.

Paul
by pkcrafter
Thu Mar 21, 2019 8:42 pm
Forum: Personal Investments
Topic: Advice Needed - Morningstar Hare Portfolio
Replies: 3
Views: 256

Re: Advice Needed - Morningstar Hare Portfolio

Here’s some information—

http://home.mp.morningstar.com/elabsLin ... eprint.pdf

The hare investment strategy is not a Boglehead strategy, so you probably won’t get much support. If you are interested in what we do recommend stick around.

Paul
by pkcrafter
Thu Mar 21, 2019 11:48 am
Forum: Personal Investments
Topic: Help with Ticker symbols in 401k
Replies: 8
Views: 498

Re: Help with Ticker symbols in 401k

Neeran: Vanguard 500 index fund , Vanguard U.S. Large Cap Index VFIAX 137.33 OK S&P Completion Index , Vanguard U.S. Small/Mid Cap Index VEXAX 132.37 OK U.S. Debt Index Non-Lendable Fund F, BlackRock International All Cap Equity Index Fund ? 12.19 This is a bond index, so benchmark is incorrect. Her...
by pkcrafter
Wed Mar 20, 2019 11:37 am
Forum: Personal Investments
Topic: Input Needed on Dividend Portfolio
Replies: 26
Views: 1666

Re: Input Needed on Dividend Portfolio

Sandtrap wrote:
Tue Mar 19, 2019 11:46 pm
A friend shared his portfolio with me.
Did you share your portfolio and the Bogleheads philosophy?

Friends portfolio is sophisticated, but if not in tax-advantaged accounts, it's not good. Also sounds like it may be a very high risk portfolio. How long has he been using it?

Paul
by pkcrafter
Sat Mar 16, 2019 9:59 am
Forum: Personal Investments
Topic: Vanguard Personal Advisor Fees
Replies: 6
Views: 716

Re: Vanguard Personal Advisor Fees

I am using the Vanguard Personal Advisor service for some of my Mutual Fund investments. The fee is 30 basis points. Can anyone tell me if there are also underlying fees for the Mutual Funds under management, or does the 0.3 % fee cover everything? Tim Yes, each fund has an expense ratio (ER) wheth...
by pkcrafter
Fri Mar 15, 2019 3:22 pm
Forum: Personal Investments
Topic: Help Choosing 401K Elections
Replies: 11
Views: 322

Re: Help Choosing 401K Elections

Goatinvestor, are advisor services an option or built in? If an option, opt out. for what it's worth, there are many experienced investors here who would recommend no more than 80% in equity. Every decision you make has a negative side. For asset allocation you have to weigh the potential up-side wi...
by pkcrafter
Fri Mar 15, 2019 10:28 am
Forum: Personal Investments
Topic: a couple questions on a Morgan Stanley portolio analysis
Replies: 26
Views: 1282

Re: a couple questions on a Morgan Stanley portolio analysis

My fiancée got a free portfolio analysis from someone at Morgan Stanley whom she met through business networking Yes, that's their M-O. She has no interest in finance details, and has (against my advice) been paying someone to manage her money for her, so I'm the one trying to make sense of the por...
by pkcrafter
Wed Mar 13, 2019 2:07 pm
Forum: Personal Investments
Topic: Finding the risk tolerance for AA
Replies: 18
Views: 925

Re: Finding the risk tolerance for AA

Welcome, Personal situation: Self 53 years, Wife 48 years, no other financial needs (kids provided for), trying to deploy 3 mil for 10-15 years when I expect to begin retirement and drawdown, no addition to savings expected until then. What withdrawal rate do you need or want? Is this a taxable acco...
by pkcrafter
Wed Mar 13, 2019 12:09 pm
Forum: Personal Investments
Topic: Going for Three
Replies: 11
Views: 1865

Re: Going for Three

Welcome, I am 70 years old, have been trying to make money using managed mutual funds and have finally concluded I need a different, wiser approach. I’m not sure what my next steps should be and would like some input. First of all, I am currently in an IRA with TIAA. I believe I can buy three funds,...
by pkcrafter
Tue Mar 12, 2019 10:46 am
Forum: Personal Investments
Topic: Thoughts on this all Fidelity index portfolio. Thank you
Replies: 27
Views: 1637

Re: Thoughts on this all Fidelity index portfolio. Thank you

Stronglikebull, Well, this is a certainly an aggressive 90/10 portfolio, but it's OK for someone who can hold through the rough times. It would be helpful, for you and us, if you posted information in the recommended format, here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 You can edi...
by pkcrafter
Tue Mar 12, 2019 10:02 am
Forum: Personal Investments
Topic: Process for rolling IRA *into* workplace plan
Replies: 34
Views: 1793

Re: Process for rolling IRA *into* workplace plan

Thank you to everyone who has provided feedback so far. I have a few follow-up questions. CU, talk to your 403b company contact about transferring the IRA custodian to custodian directly. If you receive a check taxes will be withheld and you will have to replace that amount. You should also go all ...
by pkcrafter
Mon Mar 11, 2019 10:29 pm
Forum: Personal Investments
Topic: Process for rolling IRA *into* workplace plan
Replies: 34
Views: 1793

Re: Process for rolling IRA *into* workplace plan

CU, talk to your 403b company contact about transferring the IRA custodian to custodian directly. If you receive a check taxes will be withheld and you will have to replace that amount. You should also go all cash before the transfer.

Do not initiate two transactions at the same time.
by pkcrafter
Mon Mar 11, 2019 3:29 pm
Forum: Personal Investments
Topic: Target Funds and Risk Tolerance
Replies: 12
Views: 1003

Re: Target Funds and Risk Tolerance

bck, is your TR fund in a tax-advantaged account or taxable? TR funds can be too hot approaching retirement, so you may want to change what you are holding. As to what to change to, it depends if acc is taxable.

What will your initial withdrawal rate be?

Paul
by pkcrafter
Sat Mar 09, 2019 1:34 pm
Forum: Personal Investments
Topic: Need Financial and Portfolio Allocation Advice
Replies: 15
Views: 844

Re: Need Financial and Portfolio Allocation Advice

Welcome, I just spent the last 6 months paying off credit card and personal debt. This was the right move, good start. Debt: I have about 80K of student loans with an average interest rate of 6% This does need a high priority because you probably won't be able to average more than 6% on investment r...