Search found 13932 matches

by pkcrafter
Mon May 25, 2020 7:41 pm
Forum: Investing - Theory, News & General
Topic: Has anybody heard of DriverLoan Investor Club?
Replies: 23
Views: 1489

Re: Has anybody heard of DriverLoan Investor Club?

I found some other DriverLoan links, but they didn’t work. Here’s something from the op link. Contact us: support@driverloaninvestorsclub.com DriverLoan Investors Club breaks the financial paradigms created by traditional banks where savings accounts pay an interest that is diluted against annual in...
by pkcrafter
Mon May 25, 2020 12:31 pm
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 50
Views: 3298

Re: I have no risk tolerance: where am I supposed to keep my money?

It's a somewhat tongue-in-cheek question but I'm also somewhat serious. Recent market volatility is making me sick, to the point where I've learned that I'm not sure I can handle it. I am not so idealistic as to believe that stocks always go up. The stock market did not recoup it's 1929 crash until...
by pkcrafter
Mon May 25, 2020 10:26 am
Forum: Personal Investments
Topic: TSP and 401(k) Asset Allocation Questions & Review
Replies: 7
Views: 451

Re: TSP and 401(k) Asset Allocation Questions & Review

Welcome, Hello all, I hope everyone is doing well and staying safe. I'm a young professional and I'm looking for some advice for my retirement strategy. Since starting work, I've been activity managing my portfolio, but I'm looking for a more long-term and hands-off approach to my retirement saving...
by pkcrafter
Sun May 24, 2020 7:51 pm
Forum: Personal Investments
Topic: Asset Allocation Dilemma – Contradicting Historical Data
Replies: 18
Views: 1193

Re: Asset Allocation Dilemma – Contradicting Historical Data

mahesh.kanth The following crashes have occurred, and there is absolutely nothing that says this cannot happen again. When you make a decision on asset allocation, the small but possible devastating dangers of risk are always lurking behind the door. Ability to take risk usually refers to financial ...
by pkcrafter
Sat May 23, 2020 9:34 pm
Forum: Personal Investments
Topic: Which funds and allocations for accounts?
Replies: 12
Views: 551

Re: Which funds and allocations for accounts?

Use one of the TRP target date funds, but be sure to always max your Roth. Thanks Paul. Should I consider the index funds as well? (PSSMX and PSSMX) You might consider adding a small cap fund, but small caps are difficult to hold because they don't follow the market and they have long periods of un...
by pkcrafter
Sat May 23, 2020 3:59 pm
Forum: Personal Investments
Topic: Which funds and allocations for accounts?
Replies: 12
Views: 551

Re: Which funds and allocations for accounts?

maybethisone, your 401k is awful and probably does not comply with ERISA standards. Costs are very high, and you have no low cost index choices, not even the standard S&P 500. Also, the use of advisor class funds is ridiculous and totally unnecessary. FTMKX also has a load. I wonder if they are char...
by pkcrafter
Fri May 22, 2020 11:26 pm
Forum: Personal Investments
Topic: Re-balance advice; portfolio review; general insight
Replies: 6
Views: 486

Re: Re-balance advice; portfolio review; general insight

robindbee, rebalancing is resetting your desired asset allocation back to target, so you aren't really doing that because it sounds like you don't actually have a target.

For your age, I think 30-40% in stocks is about right. Count all accounts as one portfolio.

Paul
by pkcrafter
Fri May 22, 2020 9:22 pm
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 72
Views: 4454

Re: Thinking of selling some SP 500 to buy more Wells Fargo

I don’t think that’s right and nice for you ignore people, if you can be silent if you don’t like the post. But a lot of newbies wants valuable opinion from the forum. It’s an investing forum that share opinions. +1 Henry regarding previous post. However, to answer your question, I'll mention that ...
by pkcrafter
Thu May 21, 2020 11:54 am
Forum: Personal Investments
Topic: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?
Replies: 16
Views: 549

Re: Fees/penalties for Transferring money from Traditional IRA brokerage account to Vanguard brokerage account?

Thanks everyone for the replies. I called Vanguard and had them cancel the transfer and begin a new transfer of the monies directly into my Vanguard brokerage account. The monies at LPL were never involved in any retirement accounts so I won't incur any fees/penalties. It was originally monies held...
by pkcrafter
Thu May 21, 2020 9:21 am
Forum: Personal Investments
Topic: Please help streamlining this mess
Replies: 8
Views: 651

Re: Please help streamlining this mess

Welcome, Hello, Long overdue, my husband and I have finally taken the time to look at our finances. We have never had a strategy and want to build a holistic portfolio that requires minimal attention. Emergency fund: Yes, excluded 1.5 year living expenses from assets below Debt: Debt free Tax Filin...
by pkcrafter
Tue May 19, 2020 2:49 pm
Forum: Personal Investments
Topic: Seeking advice regarding managing my taxable account money
Replies: 14
Views: 1097

Re: Seeking advice regarding managing my taxable account money

Mzh:
Current situation: Most of my non-tax advantaged funds are currently managed by a company called Personal Capital. The management fee is 0.89%. I recognize that this is not faithful to the tenets of Bogleism.
Please list the funds you now have under managemdnt in taxable.

Paul
by pkcrafter
Mon May 18, 2020 10:31 pm
Forum: Personal Investments
Topic: Anyone move accounts from RBC to Vanguard?
Replies: 7
Views: 439

Re: Anyone move accounts from RBC to Vanguard?

I'm going to be doing this soon with my elderly parent's IRA and taxable accounts, and I would like to find out whether RBC will require a Medallion Signature Guarantee or not. And I assume there will be an exit fee. Are you dealing with Canada or a branch in the U.S. For fund transfers in the US, ...
by pkcrafter
Mon May 18, 2020 10:06 pm
Forum: Personal Investments
Topic: New Here Where To Put My Money
Replies: 19
Views: 1601

Re: New Here Where To Put My Money

Welcome, Hey everyone. I am new here and looking to invest through vanguard. Asset Allocation: 100/0 stock/bond Age:28 Single no kids Debt: None Tax Rate: Fed 12% State: 5.05% Amount to invest: Mid 5 figures. I looked up how well the VTSAX has done: Since 11/2020 (do you mean 2000?) the return afte...
by pkcrafter
Sun May 17, 2020 8:23 pm
Forum: Investing - Theory, News & General
Topic: Advising a friend
Replies: 7
Views: 559

Re: Advising a friend

Does this "friend" have any kind of credential, experience, background, anything to justify payment?

Beyound that, it's a bad idea to invest with a friend, period. Anybody will be your best friend if you pay them!


Paul
by pkcrafter
Sun May 17, 2020 12:42 pm
Forum: Personal Investments
Topic: Borderline personality disorder and investing
Replies: 16
Views: 1914

Re: Borderline personality disorder and investing

Basically I have two questions. 1. What tips and tricks do you guys have that could help me save money in the long run. Tricks that would work for someone who is so impulsive and is constantly moving between two states of mind. If you have income, open an IRA. Once the money is in there it isn't ea...
by pkcrafter
Sun May 17, 2020 9:14 am
Forum: Personal Investments
Topic: Considering turnover rate
Replies: 7
Views: 507

Re: Considering turnover rate

Mainliberty, I wouldn't recommend this fund, but if you do buy it, hold it in a tax-advantaged account.

https://www.morningstar.com/etfs/xnas/cibr/performance

Paul
by pkcrafter
Fri May 15, 2020 7:39 pm
Forum: Personal Investments
Topic: [Tax issues - Sell before transfer, or transfer in kind?]
Replies: 8
Views: 742

Re: Does it Matter

If it is all in an IRA and is going directly into another IRA, there are no tax consequences. Let Vanguard handle the custodian-to-custodian transfer for you. Yes, this is the correct way. Call Vanguard and they will initiate the transfer, but before you do, check Vanguard's site to make sure they ...
by pkcrafter
Fri May 15, 2020 6:45 pm
Forum: Personal Investments
Topic: Beginner looking for guided investment service
Replies: 21
Views: 1093

Re: Beginner looking for guided investment service

Sure, transferring money in the ira is a good idea. I am not a fan of blended funds in taxable accounts, but depending on your tax bracket it might be ok, but you lose the ability to tax loss harvest. Whether to put the taxable money in a tr fund also depends on your goal for the money. As a genera...
by pkcrafter
Fri May 15, 2020 11:28 am
Forum: Personal Investments
Topic: advice, please: target date fund to index switch / traditional v roth allocations
Replies: 3
Views: 251

Re: advice, please: target date fund to index switch / traditional v roth allocations

Hello, and thank you in advance! :sharebeer Personal Info Total 401k Holdings: $35k IRA: no Age: 36 Risk Tolerance: high (bc playing catch up) High stock allocation because you are playing catch up isn't a good reason. Your risk tolerance doesn't change because you are trying to catch up. Higher ri...
by pkcrafter
Fri May 15, 2020 9:06 am
Forum: Personal Investments
Topic: Practicing diversification
Replies: 9
Views: 594

Re: Practicing diversification

I follow the 3 fund portfolio to an extent and have reached a point where putting the diversification principles into practice has become very difficult. Working for a tech company, I have 30% of my total assets in the company's shares. Well, you said it yourself, 30% in a single stock really takes...
by pkcrafter
Thu May 14, 2020 10:22 pm
Forum: Personal Investments
Topic: Portfolio Review - Age: Late 30's
Replies: 11
Views: 1270

Re: Portfolio Review - Age: Late 30's

Welcome to the forum, see comments below. First off thank you for all of your contributions to the board and the wiki’s. I have learned a lot by lurking over the last few months. My background: Emergency funds: 6 months in an online high yield savings account (1.5% APY) Debt: 1 Mortgage Tax Filing ...
by pkcrafter
Wed May 13, 2020 12:55 pm
Forum: Personal Investments
Topic: Beginner looking for guided investment service
Replies: 21
Views: 1093

Re: Beginner looking for guided investment service

Welcome to the forum, Hi all, I just turned 31 years old, and I live alone in a cheap apartment near Princeton, New Jersey, no plans for marriage or kids, but potentially a house in a few years. I work as a freelance corporate videographer, have no debts, and have some money saved up... 200K in Mar...
by pkcrafter
Tue May 12, 2020 3:27 pm
Forum: Personal Investments
Topic: radical AA changes; where to put the proceeds?
Replies: 6
Views: 380

Re: radical AA changes; where to put the proceeds?

You might consider lifestrategy income fund for tax-deferred, even though it has 20% stock.

The bond funds are fine for taxable.

https://investor.vanguard.com/mutual-fu ... olio/vasix

Paul
by pkcrafter
Tue May 12, 2020 3:14 pm
Forum: Personal Investments
Topic: Rollovers
Replies: 1
Views: 129

Re: Rollovers

Welcome,

Here's some information that may help

https://www.irs.gov/retirement-plans/re ... h-accounts

Paul
by pkcrafter
Tue May 12, 2020 2:51 pm
Forum: Personal Investments
Topic: Vanguard total world stock - Will it change ratios with target date funds?
Replies: 10
Views: 829

Re: Vanguard total world stock - Will it change ratios with target date funds?

I'm wondering if the Vanguard Total World Stock Index Fund Admiral Shares (VTWAX) will change it's international ratio based on what Vanguard thinks will happen like they do with the Target Date funds? Total world is all stock and the only way the U.S. to international ratio will change is if the w...
by pkcrafter
Tue May 12, 2020 1:32 pm
Forum: Personal Investments
Topic: seek advice on investment or maintain value
Replies: 5
Views: 480

Re: seek advice on investment or maintain value

Welcome gao, I don't know how you happened to find Bogleheads, but our investment strategy does not recommend what you want to do. Since you are here, you might take a careful look at how and why we invest the way we do. Thanks in advance as this is my first post. So my situation is like below, and...
by pkcrafter
Tue May 12, 2020 9:39 am
Forum: Personal Investments
Topic: looking for investment adviser, already have a good CFP
Replies: 7
Views: 653

Re: looking for investment adviser, already have a good CFP

greatful, be careful, no one is more responsible for your money than you. That means you have to have enough knowledge about investing to know if your advisor has your best interests first. Once you do know enough to evaluate what the advisor is doing, you also know enough to just manage yourself. D...
by pkcrafter
Mon May 11, 2020 6:47 pm
Forum: Personal Investments
Topic: getting started questions
Replies: 7
Views: 509

Re: getting started questions

I am more interested in investing (and holding) rather than any active trading for the time being. But, again, considering recent events, it's appealing to have the option to get out of something for the moment if you're able to see the freight train coming like a few of us suspected as far back as...
by pkcrafter
Mon May 11, 2020 9:18 am
Forum: Personal Investments
Topic: New to Boglehead concept, question about bonds
Replies: 9
Views: 787

Re: New to Boglehead concept, question about bonds

Hello Bogleheads, I am very new to the Boglehead concept (so please be merciful). I am 49 with wife and 4 kids aged 6-13. I have an investment type life insurance policy that I had borrowed from to get into other investments right before the virus and then I held tight onto the cash (I have made no...
by pkcrafter
Sun May 10, 2020 6:38 pm
Forum: Personal Investments
Topic: getting started questions
Replies: 7
Views: 509

Re: getting started questions

Hello—“newbie” here! I have a relatively small amount that I’d like to start investing (1-4k). From what I’ve read and understood, I’m leaning towards opening a Roth IRA and starting a passive managed plan that includes index ETFs. When starting with a smaller amount of assets, Vanguard's target re...
by pkcrafter
Sat May 09, 2020 8:09 pm
Forum: Personal Investments
Topic: portfolio and estate management advice
Replies: 6
Views: 533

Re: portfolio and estate management advice

As btenny explained, you have a lot going on here that we can't help you with right now, but there are still some fundamental things you should consider. See below in blue. So without further adieu looking for portfolio review and estate guidance. Comfortable with management of the family and retir...
by pkcrafter
Sat May 09, 2020 6:54 pm
Forum: Investing - Theory, News & General
Topic: I am always slightly disappointed with my AA
Replies: 48
Views: 3518

Re: I am always slightly disappointed with my AA

TDG, you are on the right track, but... I am always slightly disappointed with my AA You should look at this in a more positive light -- you are always rather comfortable with your AA, which means you have a Goldilocks portfolio. It's not too risky and not too safe: it is just right. :thumbsup Paul...
by pkcrafter
Sat May 09, 2020 11:12 am
Forum: Investing - Theory, News & General
Topic: I am always slightly disappointed with my AA
Replies: 48
Views: 3518

Re: I am always slightly disappointed with my AA

TDG, you are on the right track, but... I am always slightly disappointed with my AA You should look at this in a more positive light -- you are always rather comfortable with your AA, which means you have a Goldilocks portfolio. It's not too risky and not too safe: it is just right. :thumbsup Paul
by pkcrafter
Sat May 09, 2020 10:38 am
Forum: Personal Investments
Topic: portfolio and estate management advice
Replies: 6
Views: 533

Re: portfolio and estate management advice

Bump up. I wanted to make your post active, but don't have time right now to analyze.

Paul
by pkcrafter
Fri May 08, 2020 7:12 pm
Forum: Personal Investments
Topic: Is this a mess?
Replies: 12
Views: 2324

Re: Is this a mess?

TGIF everyone! I feel I am a fairly novice investor but also feel I do not need a financial investor since I have faired ok over the years but just seem to think maybe can do better or maybe have some overlap. Any advice or ideas on the portfolio is appreciated of course. Hopefully this is in the f...
by pkcrafter
Fri May 08, 2020 11:48 am
Forum: Personal Investments
Topic: What books do you recommend on mutual funds? [all caps replaced]
Replies: 7
Views: 374

Re: WHAT BOOKS DO YOU RECOMMEND ON MUTUAL FUNDS

JATCO, what kind of information on mutual funds are you looking for? Here are some book recommendations from our wiki https://www.bogleheads.org/wiki/Books:_recommendations_and_reviews Reading Taylor's gems will give you a good idea of the book's content. Take a look at Common Sense on Mutual Funds ...
by pkcrafter
Thu May 07, 2020 8:14 pm
Forum: Personal Investments
Topic: Fintech ETFs focused on spend, not lend
Replies: 9
Views: 504

Re: Fintech ETFs focused on spend, not lend

I agree with David Jay, but here are some ETFs that invest in Fintech.

https://money.usnews.com/investing/fund ... to-buy-now

Paul
by pkcrafter
Thu May 07, 2020 1:21 pm
Forum: Personal Investments
Topic: Questions on Selling/Exchanging C Shares w/American Funds in Roth IRA
Replies: 6
Views: 158

Re: Questions on Selling/Exchanging C Shares w/American Funds in Roth IRA

based on your quote from the American funds web site, you'll pay a 1% deferred load charge on anything you bought in the last year. The funds that you bought over the 7.5 years before that will have no deferred load, but have, as noted, a higher expense ratio... so the sooner you can get out, the b...
by pkcrafter
Thu May 07, 2020 11:18 am
Forum: Personal Investments
Topic: Rather new to investing and have 100k to play with
Replies: 13
Views: 722

Re: Rather new to investing and have 100k to play with

blowncamaro wrote: Thank you for any help I was referred here by someone who speaks very highly of you guys. Referencing Bogleheads was a way for your friend to tell you to stop fooling around with your money. Bogleheads wouldn't support your individual stock playing. We would, however, like your su...
by pkcrafter
Wed May 06, 2020 2:36 pm
Forum: Personal Investments
Topic: What are "Structured Products"?
Replies: 10
Views: 679

Re: Need Help Understanding These Holdings

philly17, It looks like there are five structured products or notes. Very complex, one had 143 pages of text. Fees that probably approach 2%. The mutual funds are C class, meaning they have an ongoing 1% fee (commission) attached to the expense ratio which brings the total expense ratio up close to ...
by pkcrafter
Wed May 06, 2020 8:57 am
Forum: Personal Investments
Topic: Preferred stock/bond with no market? I want out
Replies: 17
Views: 1600

Re: Preferred stock/bond with no market? I want out

Goal: I want to get out of investments I do not understand. In my IRA I hold some things related to the bankruptcy of Lehman brothers labeled as "Escrow LB Par Value". It has been described to me by my account manager as like a bond or preferred stock. I want to be rid of these. Problem: I asked ab...
by pkcrafter
Tue May 05, 2020 10:21 pm
Forum: Personal Investments
Topic: Trading vs. Holding
Replies: 72
Views: 2232

Re: Trading vs. Holding

Trading: Buy 100 shares of stock at $95 on April 1 and sell on April 10 for $100. + $500 Buy 100 shares of same stock at $96 on April 13 and sell on April 18 for $100. + $400 Buy 100 shares of same stock at $94 on April 21 and sell on April 24 for $100. + $600 Buy 100 shares of same stock at $97 on...
by pkcrafter
Tue May 05, 2020 1:02 pm
Forum: Personal Investments
Topic: Close to retirement and don't know what to do
Replies: 33
Views: 4042

Re: Close to retirement and don't know what to do

This is my first time using this website so I apologize if I am posting this in the wrong place. My husband and I are both 63 and he is planning on retiring in a few years - possibly 3 years (I don't work). I have the majority of our money in Vanguard target retirement fund VTTVX 2025 (also some is...
by pkcrafter
Tue May 05, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: A Risk-Tolerance Question
Replies: 50
Views: 2541

Re: A Risk-Tolerance Question

You are a relatively new investor who owns an "aggressive" portfolio. You did not understand that "aggressive" is an industry euphemism for "high-risk". This bear market has you thinking you made a mistake. You have lost over 20% of your hard-earned savings and you know you could lose much more. Yo...
by pkcrafter
Tue May 05, 2020 11:22 am
Forum: Investing - Theory, News & General
Topic: A Risk-Tolerance Question
Replies: 50
Views: 2541

Re: A Risk-Tolerance Question

Yes, if desired AA has changed. I believe in viewing the portfolio as a big pile of cash at all times. Whatever one's desired allocation is, that allocation should be achieved immediately. If an investor was 90/10, the market dropped 40% and now he's 84/16 but realizes that 60/40 is the right alloc...
by pkcrafter
Mon May 04, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (April 2020)
Replies: 3
Views: 589

Re: madsinger monthly report (April 2020)

Thanks, Brad. I always enjoy your updates--and this one is for the book!


Paul
by pkcrafter
Mon May 04, 2020 8:11 pm
Forum: Investing - Theory, News & General
Topic: VWIAX/VFIJX versus Total Stock and Bond Index
Replies: 14
Views: 897

Re: VWIAX/VFIJX versus Total Stock and Bond Index

Both Wellesly and GNMA are very tax-INefficient. I recommend Vanguard's tax-managed balanced.

https://www.morningstar.com/funds/xnas/vtmfx/portfolio

Paul
by pkcrafter
Mon May 04, 2020 7:43 pm
Forum: Investing - Theory, News & General
Topic: Who is your all time favorite investor and why?
Replies: 52
Views: 2730

Re: Who is your all time favorite investor and why?

Taylor Larimore. Taylor is a Boglehead rock. His recommendations never vary--he is the ultimate Boglehead. He helped me with asset allocation and "say the course" when I joined Bogleheads (Morningstar Vanguard Diehards) in 1999, and my portfolio has never varied.


Paul