Search found 12738 matches

by pkcrafter
Sat Jul 14, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2445

Re: 26 years old. Roth ira with edward jones last 3.5 years.

VG will charge $40 to sell each fund, and I've never heard of them waving that fee. Fidelity may wave fees. You are correct that EJ will charge $95 to close the account. To move the Roth, contact the receiving company and do a custodian to custodian transfer. The receiving company will give you the ...
by pkcrafter
Fri Jul 13, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 25928

Re: free dinner investing seminar

For you free dinner pros who enjoy the dinners and never sign up, if you keep that up the sales people may see that new sign-ups aren't covering the cost of dinner and they will have to offer something more tempting. Keep up the good work. :happy

Paul
by pkcrafter
Fri Jul 13, 2018 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA Withdrawal and Tax Stategy
Replies: 3
Views: 283

Re: Traditional IRA Withdrawal and Tax Stategy

I will need to withdraw between $450K to $550K from my traditional IRA for a home purchase. I am 65 yrs. old, retired and collecting SSDI with plans to suspend this at age 66 when it converts to SS retirement until I reach 70. I am looking for strategies to manage the income tax on this withdrawal....
by pkcrafter
Thu Jul 12, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral shares: VWUSG vs VWUAG
Replies: 6
Views: 687

Re: Admiral shares: VWUSG vs VWUAG

Yep those are the right ones sorry was posting on my phone. So if convert to admiral shares do I have to pay any sales fees or taxes? What if I decide to move money to another vanguard fund? No fee and no tax on conversion to admiral shares. Yes on taxes if you shift to another fund. You didn't ask...
by pkcrafter
Thu Jul 12, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about my perspective on bond funds
Replies: 13
Views: 885

Re: Questions about my perspective on bond funds

My minds perspective sees the following in regards to bond funds after reading too many forum threads on them. Rising rates have dropped bond fund share prices-I see this as a firesale and want to buy the dips now for future growth. Buy total bond fund as its share price is a “value” that will long...
by pkcrafter
Thu Jul 12, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4596

Re: Self Employed 48years old and nothing saved for retirement

Zhawk, it's good that you are now realizing it is a very high priority to build assets to be used in retirement. You probably should be saving/investing at least 15% of your income because you will need about 25x your spending rate saved to make the "safe" withdrawal rate of 4%. The longer you can l...
by pkcrafter
Thu Jul 12, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: What is a shell account?
Replies: 7
Views: 698

Re: What is a shell account?

Rosie: My husbands company has their 401K invested in American Funds through a local financial services company. We got a letter from the company's representative that said -"We have been doing some housekeeping and it was discovered that we do not have a "shell" account for the following account he...
by pkcrafter
Thu Jul 12, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Admiral shares: VWUSG vs VWUAG
Replies: 6
Views: 687

Re: Admiral shares: VWUSG vs VWUAG

Welcome DDS, All ticker symbols end with X, so I'm guessing you are concerned with VWUSX, Vanguard Growth investor shares and VWUAX, Vanguard Growth admiral shares. These are two classes of the same fund. https://investor.vanguard.com/mutual-funds/profile/portfolio/vwusx https://investor.vanguard.co...
by pkcrafter
Wed Jul 11, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: When asking advice
Replies: 11
Views: 1304

Re: When asking advice

When I send you what is available in workplace retirement accounts, do you want each available fund listed with ticker symbol and name, and cost, or just the info on the ones I am invested in? What we are really looking for is low-cost index fund options and they will always be recommended, so you ...
by pkcrafter
Wed Jul 11, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 25928

Re: free dinner investing seminar

47Percent-- There may even be a shill planted to ask the question just at the right time. I've always been very suspicious of that. Ah, Victoria, your dinner description sounds far worse that the pitch one has to endure. Maybe they should say, "Stay and listen and sign up for the old equity indexed ...
by pkcrafter
Wed Jul 11, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: When asking advice
Replies: 11
Views: 1304

Re: When asking advice

When I send you what is available in workplace retirement accounts, do you want each available fund listed with ticker symbol and name, and cost, or just the info on the ones I am invested in? What we are really looking for is low-cost index fund options and they will always be recommended, so you ...
by pkcrafter
Tue Jul 10, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Avoided Ameriprise thanks to this forum! Now what??
Replies: 11
Views: 1260

Re: Avoided Ameriprise thanks to this forum! Now what??

Thank you, ExitStageLeft and Duckie, for your quick replies and thoughtful advice. I updated the post to include more details and % of the total portfolio. I did this at the account level as opposed to the asset level, since I will plan to sell all assets within the accounts to move to the three-fu...
by pkcrafter
Tue Jul 10, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: What's up with Wells Fargo
Replies: 27
Views: 2839

Re: What's up with Wells Fargo

Several years ago I helped my son setup a Wells Account to put some excess cash in. My son has some disabilities so I help him with his accounts. We got a letter yesterday requiring us to verify the account or it will be considered abandoned. :shock: The funny thing is we log into the account month...
by pkcrafter
Tue Jul 10, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Investing cash into Vanguard target retirement fund
Replies: 20
Views: 1838

Re: Investing cash into Vanguard target retirement fund

Johnkgan - I am 21 years old finishing college next year. I have inherited some cash which is in my savings account in a bank. I plan to invest that in something that could grow and come in handy a few years later for down payment of a house or may be longer term. If you plan to use some or all of t...
by pkcrafter
Tue Jul 10, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 4379

Re: Target date funds....unsophisticated?

Sophistication has nothing to do with sound investing fundamentals. Aiming for a sophisticated portfolio, whatever that is, seems to fall into the behavioral, ego-feeding category. Taylor Larimore doesn't say aim for sophistication, he says aim for simplicity. If someone invests in a Target Fund tha...
by pkcrafter
Mon Jul 09, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Expense Ratios Correlation with Returns
Replies: 6
Views: 570

Re: Expense Ratios Correlation with Returns

Some years ago, the SEC produced an official notice that expense ratios hurt returns. Link below. The gist is that expense ratios are a better predictor than past returns of future returns. Does anyone know how this is calculated exactly? I believe that a significant (negative) correlation is prese...
by pkcrafter
Mon Jul 09, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Account
Replies: 4
Views: 391

Re: Roth Account

Often a Target Date or LifeStrategy can be that one fund. Pick the one that matches your desired mix of stocks/bonds to keep your asset mix where you want. 70/30, 60/40 stocks/bonds, etc. I really like the LifeStrategy family of funds. Tell us about your tolerance for account balance volatility (in...
by pkcrafter
Mon Jul 09, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: New and looking for help simplifying portfolio for FIRE(?)
Replies: 25
Views: 1738

Re: New and looking for help simplifying portfolio for FIRE(?)

Welcome to the forum, Introduction I came across Bogleheads back in 2016 when I wanted to be more clued into investment choices, but totally got intimidated/overwhelmed with the amount of info available. You got intimidated/overwhelmed? And look what you have now--a blivit! This really shakes my vi...
by pkcrafter
Sun Jul 08, 2018 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: What did you sign with your financial advisor?
Replies: 14
Views: 1361

Re: What did you sign with your financial advisor?

ThriftyPhD I don't give my plumber POA to my brokerage account so he can withdraw his fee, I write a check when my sink starts working again. Why would be be different for a fee only advisor? But it is different. Very few investors pay an advisor by check or card. gwrvmd You allow a fee only advisor...
by pkcrafter
Sun Jul 08, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: [Moving from Edward Jones to Vanguard, paperwork help requested]
Replies: 3
Views: 454

Re: [Moving from Edward Jones to Vanguard, paperwork help requested]

[Moved into a stand-alone post from: Moving away from Edward Jones to Vanguard --admin LadyGeek] I'm assisting my parents in moving one of their accounts from EJ to Vanguard. One of their accounts is the infamous Advisory Solution Fund Model. I attempted to fill out the paperwork to transfer this a...
by pkcrafter
Sat Jul 07, 2018 9:29 pm
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 5534

Re: Girls and investing

bottlecap wrote:
Sat Jul 07, 2018 9:21 pm
My oldest is 7. I don’t think I’m going to teach her about investing. Stuff like saving is more digestible and important at this point.

Yes, one must learn to save before there is anything to invest. :happy

Paul
by pkcrafter
Sat Jul 07, 2018 1:39 pm
Forum: Investing - Theory, News & General
Topic: M* article on Taylor Larimore
Replies: 6
Views: 1688

M* article on Taylor Larimore

M*'s John Rekenthaler article on Taylor Larimore's book, "The Bogleheads' Guide to the Three-Fund Portfolio."

https://www.morningstar.com/articles/87 ... folio.html

Paul
by pkcrafter
Sat Jul 07, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Please help with my 401k allocation at my second job
Replies: 12
Views: 843

Re: Please help with my 401k allocation at my second job

Rei, welcome, Suggested funds Vanguard Inst. Index (S%P500) Fidelity Extended Mkt Fidelity International (developed markets) Vanguard Total Bond or the very simple target date fund that matches your target asset allocation. 3-fund portfolio. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=8800...
by pkcrafter
Fri Jul 06, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Upping my retirement savings game
Replies: 11
Views: 2199

Re: Upping my retirement savings game

Welcome Jack, I don't know what I can recommend that you aren't already doing, but are you now making tax-deductible contributions to a company plan? What kind of plan? In your tax bracket it's probably better to make tax-deductible contributions. You can then contribute $5,500 to an IRA or Roth, al...
by pkcrafter
Fri Jul 06, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Wanting to self-manage retirement accounts - Advice Requested
Replies: 12
Views: 1463

Re: Wanting to self-manage retirement accounts - Advice Requested

amiller, you are well informed, organized and will have no problem managing your own accounts. You didn't specify your withdrawal rate, but I'm guessing it's 3% or maybe a bit less. 4% is still considered safe. When considering AA (asset allocation) you have to consider need, ability and willingness...
by pkcrafter
Thu Jul 05, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor: Jazz Wealth (CRD #282807)
Replies: 21
Views: 978

Re: Financial Advisor: Jazz Wealth (CRD #282807)

cheese_breath wrote:
Thu Jul 05, 2018 11:25 am
59 Google reviews, a great number of them within the past month, and not one less than 5 stars. Does that make anyone suspicious?
I'm no longer suspicious. I now know that it is common practice to front-load reviews on new products. :shock:

Paul
by pkcrafter
Wed Jul 04, 2018 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 169
Views: 11972

Re: Expected returns for 80/20 stock bond for next 10 years.

I really don't like the term "expected" return. What is Expected Return? The expected return on an investment is the expected value of the probability distribution of possible returns it can provide to investors. The return on the investment is an unknown variable that has different values associate...
by pkcrafter
Wed Jul 04, 2018 1:32 am
Forum: Investing - Theory, News & General
Topic: Lump Sum Investing Put Simply
Replies: 16
Views: 1068

Re: Lump Sum Investing

Sorry if this is a really simple question but it just seems to me that if you invest a lump sum on the wrong day you could be cutting your return massively.? How do you know the wrong day? :happy Which FTSE index are you referring to? Here's Bob, the world's worst market timer. http://awealthofcomm...
by pkcrafter
Tue Jul 03, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Annuity- Lincoln Level Advantage Indexed variable annuity
Replies: 14
Views: 825

Re: Annuity- Lincoln Level Advantage Indexed variable annuity

neeran, this is not a good investment product. Check out a review here and be sure to scroll down and look at the fees. Variable annuities are known for being riddled with fees and charges and the Investor Advantage annuity is no different. Here you will find a plethora of expenses going out the pro...
by pkcrafter
Tue Jul 03, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Read Wiki still not sure on Lazy Portfolio for ROTH/Trad IRA
Replies: 5
Views: 479

Re: Read Wiki still not sure on Lazy Portfolio for ROTH/Trad IRA

-My 401k doesn't give ticker symbols or company names (Really doesn't seem right?) except that the Bond Index Fund and Large Stock Index Fund seem very close to Vanguard Total Bond and S&P 500 Index in both allocation and ER. The only other options are Small/Mid Index, International Index, and Stab...
by pkcrafter
Mon Jul 02, 2018 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Fees For Bond Purchases
Replies: 8
Views: 641

Re: Fidelity Fees For Bond Purchases

LCTPDA, I'm not sure if you want individual bonds or a bond fund. Fidelity NY bond fund (FTFMX) has as duration of 6.71 and expense ratio of 0.49%, but it is extracted from the fund and you don't put out $2,000 (actually $2450 with the expense ratio of 0.49%). Vanguard's NY muni is also long term (d...
by pkcrafter
Mon Jul 02, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Husband's job finally has a 401k offering with unusual funds
Replies: 29
Views: 2010

Re: Husband's job finally has a 401k offering with unusual funds

As a heads up, the Lord Abbot funds normally have a 2% front load fee, plus a 12(b)1 fee. I would not be at all surprised if someone responsible for setting this up was either an idiot or on the take from the fund salesman. Ralph Yep. :shock: ........ :confused The Lord Abbot Debenture fund has a f...
by pkcrafter
Mon Jul 02, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Picking out funds for the first time.
Replies: 5
Views: 350

Re: Picking out funds for the first time.

jackel: I plan to start with two funds (one of them being a JP Morgan). I'm wondering what is the name and ticker of the JPM fund you are using. Did you choose it, or was it recommended by JPM? It is not a good idea to invest though a bank because they don't carry the funds, so you get charged a fee...
by pkcrafter
Mon Jul 02, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Husband's job finally has a 401k offering with unusual funds
Replies: 29
Views: 2010

Re: Husband's job finally has a 401k offering with unusual funds

No match :( he works for a nonprofit A nonprofit? Someone is making a big profit off the cost of those funds! Maybe the 401k provider is giving the appearance of a good deal by offering a rebate or some incentive, but it's still a bad plan. But yes, he should use it and opt for the S&P500, even at ...
by pkcrafter
Sun Jul 01, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Three-Fund Portfolio vs. Lifestrategy Income Fund in Taxable Account
Replies: 8
Views: 890

Re: Three-Fund Portfolio vs. Lifestrategy Income Fund in Taxable Account

I know a client who used the Vanguard LifeStrategy Income fund for saving for a new vehicle recently, and it worked out well for them. I was going to suggest that they use it again, but was curious as to your thoughts on using a 3-fund portfolio in place of the LifeStrategy Income Fund: https://inv...
by pkcrafter
Sun Jul 01, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Private Label Blackrock Index Funds?
Replies: 28
Views: 1821

Re: Private Label Blackrock Index Funds?

Top 10 Holdings Name % of Fund Apple Inc 3.04 Microsoft Corp 2.54 Amazon.com Inc 2.29 Short-Term Investment Fund 1.60 Facebook Inc 1.47 JPMorgan Chase & Co 1.36 Berkshire Hathaway Inc 1.35 Johnson & Johnson 1.24 Exxon Mobil Corp 1.19 Alphabet Inc 1.12 Liquidity is only the reason I can come up with...
by pkcrafter
Sun Jul 01, 2018 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of rollover of Vanguard Institutional Index Fund (VINIX) in 403(b)?
Replies: 14
Views: 571

Re: Timing of rollover of Vanguard Institutional Index Fund (VINIX) in 403(b)?

This seems odd to me. I'm surprised you cannot do a direct custodian to custodian transfer instead of a rollover. I'm not familiar with your particular situation, but normally when doing a rollover, tax is withheld and the check is sent in your name, then you have 60 days to deposit it into the new...
by pkcrafter
Sun Jul 01, 2018 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of rollover of Vanguard Institutional Index Fund (VINIX) in 403(b)?
Replies: 14
Views: 571

Re: Timing of rollover of Vanguard Institutional Index Fund (VINIX) in 403(b)?

This seems odd to me. I'm surprised you cannot do a direct custodian to custodian transfer instead of a rollover. I'm not familiar with your particular situation, but normally when doing a rollover, tax is withheld and the check is sent in your name, then you have 60 days to deposit it into the new ...
by pkcrafter
Sun Jul 01, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Help with Total Investment Strategy - Windfall
Replies: 30
Views: 2310

Re: Help with Total Investment Strategy - Windfall

Blue eyes, does your employer offer any retirement plan?

Paul
by pkcrafter
Sun Jul 01, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 9374

Re: What’s your plan for a market downturn?

If you rebalance during a downturn, though, when everything is going down, (so you’re actually selling funds to buy other funds), doesn’t that just mean your locking in your losses? If you mean rebalancing by adding new money though, then I see the benefit in that Cunir, most investors have some bo...
by pkcrafter
Sat Jun 30, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 34
Views: 4840

Re: Changes to Thrift Savings Plan I Fund

The new fund is much more diversified, and I would recommend you include it. The suggested percent is 20-40% of equity. Here's some information. The fund would be similar, but not quite the same, as Vanguard's Total International fund, because the two funds use different benchmarks. FTSE for Vanguar...
by pkcrafter
Fri Jun 29, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley and Wellington performance on Simba's Backtest Spreadsheet
Replies: 6
Views: 667

Re: Wellesley and Wellington performance on Simba's Backtest Spreadsheet

gronc, if you want to own Wellesley, I think is an acceptable choice, but I would not count it all as bonds. Consider the stock portion as stock in your asset allocation (AA).

Paul
by pkcrafter
Fri Jun 29, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Fidelity 401k
Replies: 36
Views: 3468

Re: Disappointed with Fidelity 401k

woot, find out who the fiduciary is (or are) in your company and talk to him/her. A plan must have at least one fiduciary (a person or entity) named in the written plan, or through a process described in the plan, as having control over the plan’s operation. The named fiduciary can be identified by ...
by pkcrafter
Thu Jun 28, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Fidelity 401k
Replies: 36
Views: 3468

Re: Disappointed with Fidelity 401k

You have to check with your plan administrator for those answers.

Paul
by pkcrafter
Thu Jun 28, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Changing it up..
Replies: 16
Views: 1296

Re: Changing it up..

Welcome LPG. You have already gotten good advice, so I'm piling on. So I have had an investment account with wells fargo for quite a number of years now, thinking I was doing things the right way. Returns were meager, but the account was setup to be conservative. I am 30 years old. Like some of you,...
by pkcrafter
Thu Jun 28, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: How often should I re-adjust the target allocations in my 4-fund portfolio?
Replies: 8
Views: 845

Re: How often should I re-adjust the target allocations in my 4-fund portfolio?

jomama, as noted you can change your asset allocations by adding new money to the funds that are lower than target, but +/-5% is the usual target for triggering an adjustment for funds with allocations of 25% and above. What funds are you using? Link to Rebalancing in the Wiki https://www.bogleheads...
by pkcrafter
Wed Jun 27, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Investment Questions
Replies: 22
Views: 1507

Re: Beginner Investment Questions

cmc, there is still a lot we don't know, so it is difficult to provide specific recommendations. It appears your debt and spending are out of control and you probably need to make some serious adjustments. Yes, go after the debt one by one. The debt load far outweighs the benefit of saving/investing...