Search found 15381 matches

by pkcrafter
Wed Feb 14, 2024 7:25 pm
Forum: Personal Investments
Topic: Financial advisor selection
Replies: 15
Views: 1267

Re: Financial advisor selection

Welcome Michi,

Here is basic Boglehead investing info:

https://www.bogleheads.org/wiki/Three-fund_portfolio


Paul
by pkcrafter
Fri Feb 09, 2024 10:59 am
Forum: Personal Investments
Topic: My Portfolio (Completed 2/13/24) Review?
Replies: 45
Views: 4882

Re: Advice Please - Need to complete my 3-Fund Portfolio

lakpr wrote: Thu Feb 08, 2024 8:18 pm
pkcrafter wrote: Thu Feb 08, 2024 7:23 pm KPG said, "I got you beat on the "safe" fund. 12-31-22 my "safe" intermediate bond fund VFIDX had a loss of $123865."

I'm not sure what 123865 means, one thousand--? Here is the performance chart for VFIDX

https://www.morningstar.com/funds/xnas/vfidx/chart


Paul
If you look at other posts from @KPG, he did mean he lost $123,865; over one-hundred twenty three thousand dollars.
VFIDX lost 13.78 % in 2022, so you are saying $123,865 was 13% of the total investment in VFIDX?

https://investor.vanguard.com/investmen ... mance-fees
by pkcrafter
Thu Feb 08, 2024 7:23 pm
Forum: Personal Investments
Topic: My Portfolio (Completed 2/13/24) Review?
Replies: 45
Views: 4882

Re: Advice Please - Need to complete my 3-Fund Portfolio

KPG said, "I got you beat on the "safe" fund. 12-31-22 my "safe" intermediate bond fund VFIDX had a loss of $123865."

I'm not sure what 123865 means, one thousand--? Here is the performance chart for VFIDX

https://www.morningstar.com/funds/xnas/vfidx/chart


Paul
by pkcrafter
Fri Jan 26, 2024 6:42 pm
Forum: Personal Investments
Topic: Recommendation for a Solo/Individual 401k Provider
Replies: 32
Views: 1886

Re: Recommendation for a Solo/Individual 401k Provider

/welcome to the forum,

There are many posters who can help you, and I will just list a couple of possibilities...

I would consider Schwab or Fidelity.

https://www.schwab.com/small-business-r ... 401k-plans

https://www.forbes.com/advisor/retireme ... 01k-plans/

https://www.nerdwallet.com/article/inve ... -solo-401k


Paul
by pkcrafter
Wed Jan 24, 2024 6:59 pm
Forum: Personal Investments
Topic: Is it good time to start investing in S&P 500 index fund
Replies: 12
Views: 2617

Re: Is it good time to start investing in S&P 500 index fund

Welcome to the forum, Oldknight.

Here is some great newbie information...

https://www.bogleheads.org/wiki/Boglehe ... art-up_kit


Paul
by pkcrafter
Wed Jan 24, 2024 1:15 pm
Forum: Personal Investments
Topic: Requesting Investing Advise
Replies: 8
Views: 736

Re: Requesting Investing Advise

Welcome, new investor. Posting a lot of holdings using only tickers will slow down replies because all readers may not know them.

This may be a good starting place -- https://www.bogleheads.org/wiki/Getting_started


Paul
by pkcrafter
Thu Jan 11, 2024 7:50 pm
Forum: Personal Investments
Topic: Morningstar Basic Login
Replies: 5
Views: 793

Re: Morningstar Basic Login

Is this what you were looking for?

https://www.morningstar.com/funds/screener-basic


Paul
by pkcrafter
Thu Jan 11, 2024 4:38 pm
Forum: Personal Investments
Topic: Adios, Vanguard
Replies: 465
Views: 91957

Re: Adios, Vanguard

Let's not forget Vanguard's (John Bogle's) goal -
Bogle built the mutual fund company around his idea that low-cost index funds can provide superior returns for the long-term investor.
https://www.thebalancemoney.com/how-and ... rd-2466413

Paul
by pkcrafter
Tue Jan 02, 2024 9:54 am
Forum: Personal Investments
Topic: Duplicating a AUM account?
Replies: 39
Views: 3376

Re: Duplicating a AUM account?

It is difficult for me to do my own 3 fund or similar portfolio. I am just always second guessing myself. I have 2 AUM accounts with different brokerages. I am wondering what your opinion is of opening my own investment account and just duplicating what one of the brokerages are invested in thereby giving me more confidence but saving the 1% fee? The three fund portfolio (total stock market, total international`and bond) provides a wide range 0f market exposure at a very low cost. Please list what funds you now hold plus their expense ratios. How much are the advisor fees? I am wondering what your opinion is of opening my own investment account and just duplicating what one of the brokerages are invested in Sounds like a very bad idea! Paul
by pkcrafter
Thu Dec 28, 2023 11:16 am
Forum: Personal Investments
Topic: How to enter the market with new position?
Replies: 17
Views: 1643

Re: How to enter the market with new position?

I have had about $25k sitting in my Fidelity IRA account for the last 10 years doing nothing. I've missed one of the most productive times in the markets history because of life circumstances and lack of know how. I am way way behind on retirement savings but none the less need to put this money to work. Welcome to Bogleheads. Don't dwell on what you missed out on, start again with a long term plan. First thing is to expand your knowledge on good investing principles. https://www.bogleheads.org/wiki/Getting_started For the last year with interest rates up I have had it sitting in a high interest rate (almost 5%) money market fund but with inflation slowing and the potential for a strong 2024 - I feel like its time to invest. This reasoning...
by pkcrafter
Sun Dec 24, 2023 7:19 pm
Forum: Personal Investments
Topic: Thoughts on my Roth IRA
Replies: 1
Views: 1000

Re: Thoughts on my Roth IRA

RSST --
RSST is an exchange-traded fund that seeks to provide exposure to a U.S. equity strategy and a managed futures strategy. It invests in large-cap U.S. equities, commodities, currencies, and fixed income futures. The fund aims to provide long-term capital appreciation and inflation hedging.
https://www.morningstar.com/etfs/bats/rsst/performance


Paul
by pkcrafter
Sun Dec 17, 2023 10:45 am
Forum: Personal Investments
Topic: I Messed Up How Do I Get Back In
Replies: 97
Views: 20459

Re: I Messed Up How Do I Get Back In

LaramieWind, the behavior you've displayed is a good indicator that your AA is higher than your risk tolerance. Since you have a lot saved up you are in good shape except that you aren't comfortable with 50/50, and you have nothing in your Roth. My suggestion would be to fund the Roth and move to 40/60, and don't look at the market every day. Paul ---------------------------------------------------------------------------------- Retiring next year and got nervous about the economy. Panicked and had sold much of my stock funds (VTI,VUG,VGT). Current allocation in round numbers: 200,000 Emergency Fund 700,000 BND and TBills < 1 year 800,000 VTI/VUG 800,000 cash in IRA/Roth. The MM are paying 4.XX but we know that may not last. Desired allocat...
by pkcrafter
Thu Dec 14, 2023 5:30 pm
Forum: Personal Investments
Topic: Fidelity advisor for free?
Replies: 16
Views: 1931

Re: Fidelity advisor for free?

Les, how do you qualify for free service?


Paul
by pkcrafter
Sun Nov 26, 2023 9:41 am
Forum: Personal Investments
Topic: What are the differences between these 2 funds?
Replies: 13
Views: 1533

Re: What are the differences between these 2 funds?

Allen, here is an article that describes the two funds--

https://www.thebalancemoney.com/total-s ... 00-2466403


Paul
by pkcrafter
Thu Oct 26, 2023 5:08 pm
Forum: Personal Investments
Topic: Vanguard Advisor Services [Portfolio help requested]
Replies: 44
Views: 6290

Re: Vanguard Advisor Services

Brad, here are a couple of good approaches--

Lazy Portfolios

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

Taylor Larimore's basic 3-fund portfolio

viewtopic.php?t=88005


Paul
by pkcrafter
Fri Sep 29, 2023 10:41 am
Forum: Personal Investments
Topic: Any clients of Timothy Financial Counsel out there?
Replies: 27
Views: 5849

Re: Any clients of Timothy Financial Counsel out there?

Welcome to the forum, Hshullo,

Timothy sounds too expensive. Instead, read these links on Boglehead philosophy.

https://www.bogleheads.org/wiki/Boglehe ... philosophy

Getting started

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


Paul
by pkcrafter
Sun Sep 24, 2023 6:06 pm
Forum: Personal Investments
Topic: Thinking of Departing the Formation [Moving to a financial advisor]
Replies: 178
Views: 23164

Re: Thinking of Departing the Formation [Moving to a financial advisor]

post_id=7469957 time=1695228538 user_id=16051] @gavinsiu, re: "why," it is because if I can do well I should be able to find someone who spends 60, not my 30 hours per week for 1% who can do better (and as I've mentioned I have fees). Steph Curry, or a young Peter Lynch, you might say, but I think it is a little more realistic. Now, the problem is finding them and I may not have the bandwidth for that search, as it is getting tiresome. ... Bernstein is excellent, of course. Some of the info is dated, but the principles continue. I may be looking for the needle in the haystack. I don't believe in averages, though. I also believe the world economy is changing at a rapid rate, from logistics to blocs to AI and (less likely) crypto. ...
by pkcrafter
Sun Jul 30, 2023 8:02 pm
Forum: Investing - Theory, News & General
Topic: International (Non-US) versus US Equities (The "Arguments")
Replies: 5197
Views: 799056

Re: Frustrated with returns on INTL Stock Index

gurusw wrote: Sun Jul 30, 2023 5:39 pm I am religiously holding my US & INTL stock index funds in the 60:40 ratio for 10+ years now. Every time I rebalance, I have to transfer money from US Stock Index (or Cash) to INTL Stock Index to maintain the ratio.

I am doubtful now whether I am doing the right thing. The saying goes "Let Your Winners Ride And Your Losers Wither". I think I have been doing the opposite. What do BHs think?
I have determined that the optimal INTL stock allocation is... has been between 20% and 30%.


Paul
by pkcrafter
Tue Jun 27, 2023 3:06 pm
Forum: Personal Investments
Topic: CFA with expertise in life-cycle/LETF investing?
Replies: 9
Views: 824

Re: CFA with expertise in life-cycle/LETF investing?

jomama, I would not recommend you use a CFA to learn about leveraging. There are people on the forum who can help you without getting you into some expensive plan or strategy.

Ask your questions directly to the forum members.


Paul
by pkcrafter
Tue Apr 25, 2023 9:11 am
Forum: Personal Investments
Topic: In a big investment hole
Replies: 70
Views: 9808

Re: In a big investment hole

Solaris909,

Welcome to Bogleheads (named after our founder John Bogle).

Well, you jumped into investing without any fundamental knowledge or a plan, but you did find Bogleheads and now you can gain the needed knowledge. Links to Getting Started and The 3 Fund Portfolio have been provided, and here's a link to book recommendations. What you want to strive for is efficient investing, simplicity, and low cost.

https://www.bogleheads.org/wiki/Book_re ... nd_reviews.


Paul
by pkcrafter
Sat Apr 15, 2023 12:17 pm
Forum: Personal Investments
Topic: Talk Me Down: Selling VFIAX then DCA back over next 24 months
Replies: 44
Views: 4761

Re: Talk Me Down: Selling VFIAX then DCA back over next 24 months

bhburnsy, your reaction to perceived risk is a strong indication that you are too high in equity.
You are 90% stock, but what are the actual percentages of these 3 funds?

its 90% SPY/QQQ/VYM

I'm asking because QQQ has a higher standard deviation than SPY, indicating QQQ has more risk.
Illogical index construction overshadows tremendous performance.
Analyst Ryan Jackson

Ryan Jackson

Analyst
Summary
| by Ryan Jackson
May 13, 2022

Invesco QQQ has turned in exceptional performance over the past 15 years, but its Nasdaq-only focus arbitrarily restricts its opportunity set and breeds sector concentration. It retains its Morningstar Analyst Rating of Neutral
https://www.morningstar.com/etfs/xnas/qqq/quote


Paul
by pkcrafter
Sat Apr 15, 2023 11:47 am
Forum: Personal Investments
Topic: Hiring a Financial Planner?
Replies: 28
Views: 3200

Re: Hiring a Financial Planner?

Welcome to the forum, MechEngr

Yes, you have come to the right place, and yes, you can do it!

The tried and true 3-fund portfolio...

https://www.bogleheads.org/wiki/Three-fund_portfolio

If you don't have these funds available, tell us what you do have and we can help you select the best options.

Paul
by pkcrafter
Thu Apr 13, 2023 10:27 am
Forum: Personal Investments
Topic: Roth IRA Xfer from EJ to Vanguard
Replies: 40
Views: 2875

Re: Roth IRA Xfer from EJ to Vanguard

investjack019 wrote: Thu Apr 13, 2023 9:38 am Is this a good option? GWPAX
my partner keeps going off about Dave Ramsey and his four fund 12% growth philosophy... and maybe not use a target fund
GWPAX has a front load of 5.5% or an "aggressive" load of 1.1% and an ER of 0.74%. Not a fan...

GWPAX

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


Paul
by pkcrafter
Mon Apr 03, 2023 3:39 pm
Forum: Personal Investments
Topic: Roth IRA Xfer from EJ to Vanguard
Replies: 40
Views: 2875

Re: Roth IRA Xfer from EJ to Vanguard

investjack019 wrote: Mon Apr 03, 2023 1:26 pm I couldn't recall this but this is what I want : use a target date retirement fund

Short-term (set and forget) comment was more so until I figured out where to place but the above maybe makes the best sense given I am 20+ years out.

I didn't contact EJ. I went through the online flow with Vanguard to initiate the transfer.

I downloaded all of my EJ details beforehand as I heard they disable online access when a person transfers out.
:thumbsup


Paul
by pkcrafter
Mon Apr 03, 2023 12:50 pm
Forum: Personal Investments
Topic: Roth IRA Xfer from EJ to Vanguard
Replies: 40
Views: 2875

Re: Roth IRA Xfer from EJ to Vanguard

investjack, I just wanted to confirm that you contacted Vanguard to initiate the transfer, not EJ. Also, I'm not familiar with "self-guided" when talking about Vanguard.
Probably naïve of me and shows my laziness but I want these positioned for the short time - next year... set it and forget it.


I'm not clear on what "positioned for the short term" means. Why short-term?


Paul
by pkcrafter
Sun Apr 02, 2023 7:41 pm
Forum: Personal Investments
Topic: Advice only financial advising
Replies: 12
Views: 1657

Re: Advice only financial advising

I have a fee only financial advisor managing some of my investments. The fee is 1% of AUM. I don’t see much benefit from their efforts. I’m confident with executing trades and such, but I’d still like some advice. Does anybody use an “advice only” financial advisor? Any recommendations? Thanks! Welcome to Bogleheads (named after John Bogle). I don't see any advantage to paying an advisor for recommendations, but I am curious as to what he is advising/suggesting. Is he watching fund fees? Any funds with loads? Bogleheads have a comprehensive Wiki that is loaded with good suggestions. We use a lot of Vanguard because it offers very low expense ratios. The less you pay, the more you net. Getting Started https://www.bogleheads.org/wiki/Getting...
by pkcrafter
Mon Mar 27, 2023 11:59 am
Forum: Personal Investments
Topic: reading recommendations for teenager [on investing]
Replies: 19
Views: 1252

Re: reading recommendations for teenager [on investing]

Welcome to Bogleheads, Here are some book suggestions, https://www.google.com/search?q=investing+books+for+beginners&ei=NsohZOK-BPXCkPIPnJ2XIA&oq=investing+books&gs_lcp=Cgxnd3Mtd2l6LXNlcnAQARgCMgsIABCKBRCxAxCRAjIICAAQigUQkQIyBQgAEIAEMggIABCKBRCRAjIFCAAQgAQyBQgAEIAEMgUIABCABDIFCAAQgAQyBQgAEIAEMggIABCKBRCRAjoFCC4QgAQ6CAgAEIAEELEDSgQIQRgBUIUGWMomYK5JaAFwAHgAgAFuiAGVApIBAzIuMZgBAKABAcABAQ&sclient=gws-wiz-serp https://www.google.com/search?q=investing+books+for+teenagers&ei=8sohZPyHIMHIkPIP1eyT4Ao&ved=0ahUKEwj8yOyXyvz9AhVBJEQIHVX2BKwQ4dUDCA8&oq=investing+books+for+teenagers&gs_lcp=Cgxnd3Mtd2l6LXNlcnAQDDoKCAAQRxDWBBCwAzoKCAAQigUQsAMQQzoNCAAQ5AIQ1gQQsAMYAToSCC4QigUQ1AIQyAMQsAMQQxgCOg8ILhCKBRDIAxCwAxBDGAI6BwgAEIoFEEM...
by pkcrafter
Mon Mar 27, 2023 11:51 am
Forum: Personal Investments
Topic: High quality forums/sites for investing/finance advice?
Replies: 10
Views: 2680

Re: High quality forums/sites for investing/finance advice?

Toons wrote: Mon Mar 27, 2023 11:01 am This One
:happy
+1

Everything you need is right here. :sharebeer


Paul
by pkcrafter
Fri Mar 24, 2023 1:48 pm
Forum: Personal Investments
Topic: need cfp
Replies: 3
Views: 451

Re: need cfp

Welcome bmurph,

Yes, you can get good recommendations here, but now that you are here, it would be far better if you spent a little time learning about investing on your own. At the very least, learn about costs and the simple 3-fund portfolio. You need to know these things because it's your money, and you don't want to pay for someone else's retirement.

Boglehead Philosophy

https://www.bogleheads.org/wiki/Boglehe ... philosophy

The 3-fund

https://www.bogleheads.org/wiki/Three-fund_portfolio

getting started

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

Financial Planner

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

Also, you can ask questions right here. :happy


Paul
by pkcrafter
Thu Mar 16, 2023 10:07 am
Forum: Personal Investments
Topic: Long time financial adviser retiring
Replies: 9
Views: 1834

Re: Long time financial adviser retiring

Mybuterrier wrote: Wed Mar 15, 2023 7:01 pm Hello Bogleheads , Question is it prudent to stay with his succession plan or move funds to a new advisory firm ?
What is the cost of the current advisory service, and what is the cost of a new firm(s) you are considering?

In addition, what funds do they have you in now and what funds do they want to offer?

Paul
by pkcrafter
Sat Mar 04, 2023 5:37 pm
Forum: Personal Investments
Topic: Am I a candidate for direct indexing?
Replies: 52
Views: 5043

Re: Am I a candidate for direct indexing?

Direct indexing?

I don't think so.
There is a fee of 0.4% for managing this SMA. I am tempted to put a part of our cash into direct indexing. In my situation, I don’t really see any drawbacks.
This is just a way for an "advisor" to get his foot in the door. I don't see any benefit. Such a strategy would require constant tweaking. Using index funds is a much better choice.

https://www.investopedia.com/direct-indexing-5205141


Paul
by pkcrafter
Sat Mar 04, 2023 1:21 pm
Forum: Personal Investments
Topic: Do I need Vanguard Advisor?
Replies: 16
Views: 2478

Re: Do I need Vanguard Advisor?

Welcome rjs (New Boglehead!),

No, I don't believe you need Vanguard advisor service--it is sort of cookie cutter advice and I really think you would be much better off gaining investing knowledge if you simply keep in touch with the forum.
Read the following...

Getting Started. Follow all the links that are provided there. I would encourage you to keep in touch with the forum as you ramp up on learning curve.

https://www.bogleheads.org/wiki/Getting ... philosophy

The 3-fund portfolio

https://www.bogleheads.org/wiki/Three-fund_portfolio

John Bogle

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


Paul
by pkcrafter
Fri Feb 24, 2023 4:23 pm
Forum: Personal Investments
Topic: Raymond James confession
Replies: 61
Views: 8835

Re: Raymond James confession

albireo, please list the funds you are holding in the IRA.


Paul
by pkcrafter
Thu Feb 23, 2023 6:10 pm
Forum: Personal Investments
Topic: Fisher Investments [vs S&P500]
Replies: 87
Views: 27241

Re: Fisher Investments [vs S&P500]

"BertandErnie wrote: Just a question. If there returns over the last 30 yrs are 9.7% after fees and the S&P is up 7% for that same time frame"

The S&P500 was up 9.687% over past 30 years.

https://tradethatswing.com/average-hist ... -averages/


Paul
by pkcrafter
Fri Feb 17, 2023 12:13 pm
Forum: Personal Investments
Topic: Do you think Bogle was right re equity returns?
Replies: 31
Views: 3761

Re: Do you think Bogle was right re equity returns?

Bogledeedee, asset allocation is a decision based on ability and willingness to take risk against need to take risk.


Paul
by pkcrafter
Fri Feb 17, 2023 10:26 am
Forum: Personal Investments
Topic: Do you think Bogle was right re equity returns?
Replies: 31
Views: 3761

Re: Do you think Bogle was right re equity returns?

Here's some historical data/information that may help you decide on your allocation.

https://www.thebalancemoney.com/stock-m ... ar-2388543


Paul
by pkcrafter
Wed Feb 15, 2023 10:58 am
Forum: Personal Investments
Topic: Vanguard advisory fees--is this new?
Replies: 9
Views: 1722

Vanguard advisory fees--is this new?

Advisory fees-- Personal advisor and Personal advisor select.

Open the link and then select Learn More......

https://investor.vanguard.com/advice/pe ... T045745950


Paul
by pkcrafter
Wed Feb 01, 2023 10:17 am
Forum: Personal Investments
Topic: Bad mental math on portfolio or make sense?
Replies: 20
Views: 1549

Re: Bad mental math on portfolio or make sense?

Say I have $800k in my 3 fund and $200k in company stock. I could look at it as 20% of portfolio in company stock or $100k in company stock after taxes (round numbers for thought exercise), which would only be 11%.
When looking at the risk of company stock -- If the company stock went to zero, you would lose 20% of your stock holdings, not 11%.


Paul
by pkcrafter
Sat Jan 28, 2023 5:33 pm
Forum: Personal Investments
Topic: Which portfolio is right for us?
Replies: 25
Views: 2800

Re: Which portfolio is right for us?

ZOOM, 60/40 means 60% stock (the first number is always stock). Here is some performance information on a 60/40 portfolio-- http://www.lazyportfolioetf.com/allocation/stocks-bonds-40-60/ Roth advantages https://www.nerdwallet.com/article/investing/5-of-the-best-benefits-of-a-roth-ira It's best to put assets with higher expected returns (stocks) in a Roth (when possible). Your transfer needs to be initiated by the receiving company. You can keep EJ out of it. Here's a nice tax-managed balanced fund from Vanguard that might be helpful for your taxable account-- It is 47% stock. You can adjust the remainder of your portfolio to get the overall stock/bond allocation you want. https://personal.vanguard.com/us/funds/prospectus?FundId=0103&Fun...
by pkcrafter
Thu Jan 26, 2023 3:05 pm
Forum: Personal Investments
Topic: Where do I start?
Replies: 7
Views: 1261

Re: Where do I start?

Welcome to the Bogleheads' forum. Edward Jones is one of the most costly ways to invest, and you should move out. How did you happen to check-in to Bogleheads?

Take your time and develop an understanding of how to invest with very low costs. Transfers of money are initiated by the receiving company, not EJ.

Continue to ramp up on the learning scale (develop a plan) before making any changes.

Getting Started--

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

The classic 3-fund strategy

https://www.bogleheads.org/blog/2022/01 ... 21-update/


Paul
by pkcrafter
Tue Jan 17, 2023 11:37 am
Forum: Personal Investments
Topic: Sell all stocks, bonds, mutual funds in Fidelity rollover IRA and buy IRA brokered CDs
Replies: 33
Views: 2699

Re: Sell all stocks, bonds, mutual funds in Fidelity rollover IRA and buy IRA brokered CDs

Lady, I would say 30% stock is quite reasonable when discussing, or fearing, risk, but just to be sure, please list your current holding--stock funds and bond funds, etc, and what kinds of accounts they are in. Panicking is never a good way to make decisions.



Paul
by pkcrafter
Thu Jan 12, 2023 7:45 pm
Forum: Personal Investments
Topic: Rebalancing in my IRA???
Replies: 14
Views: 1247

Re: Rebalancing in my IRA???

Hi folks, Very simple question about rebalancing in my traditional IRA as most of this is Greek to me. I have all bond funds and REIT in my IRA. I'm looking to rebalance (sell some bonds, buy some stocks) and I wanted to do it in my IRA instead of my brokerage account to avoid taxes. However, I don't have any stock funds currently in my IRA into which I can rebalance. Meaning, I'm thinking I can't sell some of my IRA bonds and buy stock funds that aren't already in there. Am I right? thanks, Hi Creeny, just a little note to correct your use of "rebalancing." See this link. Don't worry, it's a fairly common mistake for new investors. https://www.bogleheads.org/wiki/Rebalancing Also, you are holding a REIT fund, is it VNQ? VNQ is a...
by pkcrafter
Thu Jan 12, 2023 10:32 am
Forum: Personal Investments
Topic: Investing outside of an IRA
Replies: 10
Views: 1128

Re: Investing outside of an IRA

One more good option for a taxable account--Vanguard tax-managed balanced fund--

https://investor.vanguard.com/investmen ... x#overview

https://www.morningstar.com/funds/XNAS/VFIAX/quote


Paul
by pkcrafter
Tue Jan 10, 2023 10:38 am
Forum: Personal Investments
Topic: Starting an IRA [running out of time in life]
Replies: 57
Views: 4066

Re: Starting an IRA [running out of time in life]

E.K.S., Your main problem is you don't have a plan, and that's due to a lack of knowledge on how to invest. The good news is you've come to the right place to learn about low cost, efficient investing. Here is a link to the Bogleheads' investment philosophy. https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy Our wiki has a lot of information, so spend some time learning, and then you will be able to create a plan with confidence. Asset allocation and risk. Create an allocation that you can stay with in good times and bad times. https://www.bogleheads.org/wiki/Asset_allocation The 3-fund portfolio https://www.bogleheads.org/wiki/Three-fund_portfolio Information on John Bogle, our mentor https://www.bogleheads.org/wiki/Joh...
by pkcrafter
Mon Jan 09, 2023 11:17 am
Forum: Personal Investments
Topic: SQQQ help
Replies: 10
Views: 1306

Re: SQQQ help

Welcome to Bogleheads, Shane. How did you find us? Bogleheads does offer an excellent investing strategy, but we would never recommend something like SQQQ because it's extremely risky and doesn't offer good long term results.

I highly recommend you learn our strategy. Here is some data on SQQQ historical performance--

https://seekingalpha.com/symbol/SQQQ/mo ... erformance

Here is a link to Bogleheads getting started:

https://www.bogleheads.org/wiki/Getting_started
by pkcrafter
Sat Jan 07, 2023 10:19 pm
Forum: Personal Investments
Topic: Breaking up with a financial advisor
Replies: 81
Views: 10103

Re: Breaking up with a financial advisor

Brooke, just tell your advisor/friend that you have studied up on investing and you are going to do it yourself from now on. Thank him for his his help and move on. Don't get into any further discussion. 1.7% is a very high ongoing fee for any advisor, especially one you have connections with.


Paul
by pkcrafter
Fri Dec 30, 2022 1:15 pm
Forum: Personal Investments
Topic: portfolio advice
Replies: 12
Views: 1340

Re: portfolio advice

Sid, you have been schmoozed. In exchange for your money you have been given an unnecessarily complicated portfolio that ends up yielding less than the simple 3-fund portfolio--and that's before paying a fee for the smoke and mirrors. Of course advisors must overwhelm you with a complex portfolio so you think you are really getting something for the money. If the advisor had provided a straight forward 3-fund portfolio you would have said, "Heck, I could do that myself!"

Get off this ride

The 3-fund portfolio

https://mymoneywizard.com/3-fund-portfolio/



Paul
by pkcrafter
Thu Dec 29, 2022 3:58 pm
Forum: Personal Investments
Topic: New here - moving to Vanguard from RJ - please help!
Replies: 9
Views: 1066

Re: New here - moving to Vanguard from RJ - please help!

Welcome to the forum Hi all! I am almost 40 and slower to catch on to the benefits of managing my own money. Over the past several years, my husband and I have been mulling it over, and I am finally pulling the trigger to move our portfolio from Raymond James to Vanguard. The in-kind transfer is in the works, but I just need a little guidance on what my portfolio should look like once it's all moved into Vanguard. We currently hold VFIAX in our RJ portfolio (yes I am smacking my forehead on this), so I plan to leave that alone for now. What else would you recommend in order to balance the portfolio? As mentioned above, the 3-fund portfolio provides broad coverage at a very low price. Our wiki is loaded with lots of good information... http...