Search found 817 matches

by indexonlyplease
Wed Jan 17, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Market
Replies: 30
Views: 2115

Re: Bond Market

I try to avoid bond funds as much as I can - go with CDs and stable value funds where available instead. What do you mean by stable value funds, could you please elaborate? Thank you. stable value funds are what some have in their 401k or 457 pre-taxed accounts. I have one in my 457 account that pa...
by indexonlyplease
Mon Jan 15, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: 50/50 AA recommended by Benjamin Graham
Replies: 16
Views: 1531

Re: 50/50 AA recommended by Benjamin Graham

There is also the thought of having enough and not taking the risk.

Someone at 50 yrs may have enough so why would they take the risk with higher AA in stocks. Also, someone with pension/pension and SS would have enough so why would they take the risk enventhough they can.
by indexonlyplease
Mon Jan 15, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: CDs & Savings as a substitute for bonds or bond funds
Replies: 20
Views: 2190

Re: CDs & Savings as a substitute for bonds or bond funds

I keep seeing the words high tax bracket.

Can someone tell me at what % is high tax bracket starts 25,28, 30% ????
by indexonlyplease
Mon Jan 15, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1733

Re: RMD and Roth IRA conversions

An excellent book on the subject is, "Retire Secure!: A Guide To Getting The Most Out Of What You've Got by James Lange". I will check it out. thanks For me the better book on Roth IRAs is "Go Roth!" by Kaye Thomas, who maintains the highly regarded tax website www.Fairmark.com. The book is well wr...
by indexonlyplease
Sun Jan 14, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1733

Re: RMD and Roth IRA conversions

I am 58 and plan on to retire in about 1 year. After I retire, the assets the I convert from 401k and TIRA to Roth should be "long term" and will avoid RMD's after 70.5. For me the biggest advantage to Roth accounts is in legacy estate planning. I believe my DD (a professional) will be in a higher ...
by indexonlyplease
Sat Jan 13, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Anxiety - Nearing Retirement, appreciate input
Replies: 7
Views: 1088

Re: Rebalancing Anxiety - Nearing Retirement, appreciate input

Big question Will your pension cover your monthly expenses? I retired last yr from the government. My high risk pension covers all monthly expenses. This allowed me to be more conservative with my AA. Meaning no need from large gains/risk and no income taking from investments monthly. I just let the...
by indexonlyplease
Fri Jan 12, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1733

Re: RMD and Roth IRA conversions

I am 58 and plan on to retire in about 1 year. After I retire, the assets the I convert from 401k and TIRA to Roth should be "long term" and will avoid RMD's after 70.5. For me the biggest advantage to Roth accounts is in legacy estate planning. I believe my DD (a professional) will be in a higher ...
by indexonlyplease
Thu Jan 11, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4397

Re: Help me stop my addiction to stock market peeping!

I look all the time if I am on the computer. It does not matter because I don't do anything about it. Just rebalance in January. Done last week. I have my money in 3 different places so I will look at one or the other but not all in the same day. I think this is only a problem if you are scarred tha...
by indexonlyplease
Mon Jan 08, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Is it time for me to get my 401K out of the stock market?
Replies: 24
Views: 3862

Re: Is it time for me to get my 401K out of the stock market?

I think you should leave well enough alone. There's nothing wrong with 40/60 like yours. Aiming for $125k annually you are in very good shape. (73k pension, ~20k SS, and a nice pot of 1.8mil in reserve). Your stock portion will help counter inflation. Retire, and start to spend your money. That's w...
by indexonlyplease
Mon Jan 08, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Is it time for me to get my 401K out of the stock market?
Replies: 24
Views: 3862

Re: Is it time for me to get my 401K out of the stock market?

Leave it the way it is. Live off penson and savings and take investments when you need to purchase stufff above your monthly income. This way it just sits and grows until you need it. This is what I am doing and after one year of retirement have not touch investments. I would just think make sure my...
by indexonlyplease
Sun Jan 07, 2018 8:34 am
Forum: Investing - Theory, News & General
Topic: Is Schwab's total U.S. index fund better than Vanguard or Fidelity's?
Replies: 6
Views: 1067

Re: Is Schwab's total U.S. index fund better than Vanguard or Fidelity's?

I also thinks what is available to you in your accounts. I use Schwab US stock and International stock index fund in my 457 account to complete my 3 fund portfolio. Then I use Vangaurd US stock index for our Roth IRA and Taxed account all within the 3 fund portfolio. Both are great funds in the 2 co...
by indexonlyplease
Thu Jan 04, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance Help
Replies: 2
Views: 221

Re: Rebalance Help

retiredjg wrote:
Thu Jan 04, 2018 8:58 am
Just sell US and buy foreign and check again next year.
Thanks what I thought and simple.

Thanks
by indexonlyplease
Thu Jan 04, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Rebalance Help
Replies: 2
Views: 221

Rebalance Help

It's January so I am looking at my AA. The 3 fund AA is ok but I need to add money to my international fund to bring it up to 20% of the stock portion. All taxed deferred accounts. My choices are sell total stock fund and put into int. stock fund Sell some fix this would change my fix AA about 1 % (...
by indexonlyplease
Thu Jan 04, 2018 5:53 am
Forum: Investing - Help with Personal Investments
Topic: Question on Fixed part of my 3 fund
Replies: 2
Views: 249

Question on Fixed part of my 3 fund

For the fixed part of my AA I use the stable value fund for the fixed (bonds) portion. Nationwide which manages my 457 just lowered the stable value fund from 3.5 to 3 percent for 2018. Nationwide stable value fund was at 3.5 for the last 10 years. So I don't think the rate will keep getting lower b...
by indexonlyplease
Wed Jan 03, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Shares of UTMA Account
Replies: 26
Views: 948

Re: Selling Shares of UTMA Account

I just read this dicussing the kiddie tax law for 2018: The TCJA increases the standard deduction for all single taxpayers, including dependent children, to $12,000 effective 2018. Thus, children can earn a total of $12,000 in income, whether earned or unearned, without paying any tax. Does this mea...
by indexonlyplease
Wed Jan 03, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Shares of UTMA Account
Replies: 26
Views: 948

Re: Selling Shares of UTMA Account

Son has another 2 years of college. Will continue working part time a Publix while going to college. After college unknown what he will make. College is paid for with the Florida Pre paid plan. Supported by parents outside of the part time job. Meaning food, shelter car insurance. He is going to sch...
by indexonlyplease
Wed Jan 03, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Shares of UTMA Account
Replies: 26
Views: 948

Re: Selling Shares of UTMA Account

What is the Cost Basis Method set on the UTMA account? I suspect it is Average Cost. Average Cost forces that oldest shares are sold first, that is in a First-In, First-Out way. So have him look at his account. I just had my son sell shares in his UTMA in 2017 to take advantage of tax-gain harvesti...
by indexonlyplease
Wed Jan 03, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Shares of UTMA Account
Replies: 26
Views: 948

Re: Selling Shares of UTMA Account

Thanks for the information. I just now need to understand all of it.
by indexonlyplease
Wed Jan 03, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Selling Shares of UTMA Account
Replies: 26
Views: 948

Selling Shares of UTMA Account

This year my 21 year old son will start selling $5500 of his UTMA Account and put the money into his Roth IRA. His account is at Vanguard. He is a full time student with part time job. Makes enough to cover the Roth IRA. So, he is taking advantage of the low income bracket and will not have to pay c...
by indexonlyplease
Tue Dec 12, 2017 7:17 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 11438

Re: 2018 financial goals - what are yours?

Retired, conservative investor, no debt. As long as we beat inflation we're good, that's the goal. Mine too exactly. Here is my absolutely BORING portfolio AA as a 70-year-old retired k12 LAUSD teacher: https://s19.postimg.org/uyb1gl92b/2017_Q2_Asset_Allocation.png Did I mention the 7.5% return on ...
by indexonlyplease
Tue Dec 12, 2017 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA-Vanguard
Replies: 6
Views: 565

Re: Roth IRA-Vanguard

Hey everyone, I just invested a max lump sum of 5500 dollars into a Vanguard Roth IRA before the end of the year, so I can begin to invest in regularly at the beginning of 2018. I would like it to be in a Target 2050 retirement mutual fund, but when I signed up for my Vanguard account, it didn't as...
by indexonlyplease
Tue Dec 12, 2017 6:58 am
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1733

Re: RMD and Roth IRA conversions

Why is it that when retired you can start withdrawing large amounts from your 401k and start putting the money into the Roth IRA. Over the working limits. That's the way Congress made the rules. They could have done it differently. I see this is a way to reduce RMD's when you reach 70.5 yrs. I also...
by indexonlyplease
Mon Dec 11, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1733

Re: RMD and Roth IRA conversions

Is this correct, and is there really a big advantage of starting to moving the money early. My example is that my pension keeps us in the 25% tax bracket. My wife still works but we max out her 401k at work. This keeps us below the Roth IRA contribution salary limits. When she retires in around 7 y...
by indexonlyplease
Mon Dec 11, 2017 7:00 am
Forum: Investing - Help with Personal Investments
Topic: RMD and Roth IRA conversions
Replies: 13
Views: 1733

RMD and Roth IRA conversions

Trying to understand conversions. During your working years you can contribute $5500 and $6500 after 50. I am now talking about retirement but under age 70.5 yrs. Why is it that when retired you can start withdrawing large amounts from your 401k and start putting the money into the Roth IRA. Over th...
by indexonlyplease
Sun Dec 10, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: How should I look at SS and pensions when developing my post-FRA AA?
Replies: 30
Views: 1100

Re: How should I look at SS and pensions when developing my post-FRA AA?

I am not sure why you would include your income (pension and SS) in your AA. For me my pension covers all expenses, just like when I worked. I am to young for SS. I did reduce my investments to from 60/40 AA to 50/50 AA. Thinking I had enough so why take on more risk then needed. So I think your que...
by indexonlyplease
Thu Nov 30, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 13957

Re: FIRE [financial independence/retire early]

And if you don't enjoy your job get another one. At 25-30K a year there are many choices. What if someone just doesn't want any job? Why is that so difficult to comprehend? that will depend on what age you retire and where. I don't know anyone satistied with 30k in South Florida where I live. I gue...
by indexonlyplease
Thu Nov 30, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 13957

Re: FIRE [financial independence/retire early]

I think many are to worried about retiring early. Why not enjoy the work you do and enjoy life along the way. Web sites like Mr. MM talk about how they retired early and live on 25-30k a year. Who would want to live so frugal at a retiremnt age in your 30-40s. Why not work longer and live the same ...
by indexonlyplease
Thu Nov 30, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 13957

Re: FIRE [financial independence/retire early]

I think many are to worried about retiring early. Why not enjoy the work you do and enjoy life along the way. Web sites like Mr. MM talk about how they retired early and live on 25-30k a year. Who would want to live so frugal at a retiremnt age in your 30-40s. Why not work longer and live the same ...
by indexonlyplease
Thu Nov 30, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 13957

Re: FIRE [financial independence/retire early]

I think many are to worried about retiring early. Why not enjoy the work you do and enjoy life along the way. Web sites like Mr. MM talk about how they retired early and live on 25-30k a year. Who would want to live so frugal at a retiremnt age in your 30-40s. Why not work longer and live the same ...
by indexonlyplease
Thu Nov 30, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: FIRE [financial independence/retire early]
Replies: 140
Views: 13957

Re: FIRE [financial independence/retire early]

I think many are to worried about retiring early. Why not enjoy the work you do and enjoy life along the way. Web sites like Mr. MM talk about how they retired early and live on 25-30k a year. Who would want to live so frugal at a retiremnt age in your 30-40s. Why not work longer and live the same l...
by indexonlyplease
Sat Nov 18, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 15758

Re: Why pay cash for a car?

Most of the people that are against paying cash for a car don't have the money to pay cash. So they make payment. Most will not save for the next car so they have to pay interest.

Then you have the people that buy more car then they can afford, so they have to pay interest.
by indexonlyplease
Sat Nov 18, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with 360k for an old man
Replies: 30
Views: 3170

Re: What to do with 360k for an old man

The only other option I would consider would be a five year CD ladder where they are staggered to mature every year. For example he could buy $60,000 CDs that mature in 1,2,3,4, and 5 years. The rest he could just leave in the saving account. This seems like a good idea to me. Might make everybody ...
by indexonlyplease
Sat Nov 11, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 10243

Re: Retirees: I got this!!

Well, it helps that we've been on a massive bull run. I imagine the "I got this" crowd has increased in proportion to the market. It's near-retirees that might be a little more worried. I agree. I think if I did not have a pension, I would have delayed retirement.. I think I would of continue to wo...
by indexonlyplease
Sat Nov 11, 2017 10:04 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 10243

Re: Retirees: I got this!!

I retired 18 months ago and it has been simple because of my pension. Pension makes it alot easier to feel secure. At least with the Florida Pension. I plan not to touch my investments for another 7 years. I will just have to decide how much more will I need each month. Question, what is the best wi...
by indexonlyplease
Sun Oct 22, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18845

Re: Does anyone here with net worths north of $1 mil use financial advisors?

I was 100% stocks up to a few years ago in my 457 plan. Then I used an FA for 3 years and paid 1.2% to manage my money. .9% for the FA and .3% for the funds they used (Dimensional Funds).. Then I found this site and learned about the 3 fund portfolio. So, I dump the FA saved 1.2% on the fees. I woul...
by indexonlyplease
Mon Oct 16, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 17
Views: 728

Re: UTMA accounts

I have 2 UTMA for my 2 son's in Florida. They control at 21 per Florida Law. I have been investing since they were young. I have both accounts at Vanguard. I found out that they do not control until I contact Vanguard and release the account to them. My 21 yr old found out about the UTMA when he ope...
by indexonlyplease
Wed Oct 04, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard Funds vs. Dimensional Funds in New IFA Index Portfolios" -- What's The Deal?
Replies: 56
Views: 7784

Re: "Vanguard Funds vs. Dimensional Funds in New IFA Index Portfolios" -- What's The Deal?

I was investing with IFA for around 3 years until I found this site. The only problem I have with them is the fee they charge. I believe it is .9% of investments. My advisor was great. The problem with advisors that use index funds the don't talk about what the fees will cost you over 30 plus years ...
by indexonlyplease
Wed Oct 04, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3530

Re: We're Debt Free (Except our House)!

I like having the house paid off. Nice not making a monthly payment and it feels good!! You are putting in the recommended 15%. Why not do a little of both. Increase percent to 401k, to max if possible, depends on your Salary and what amount you are paying now. Pay extra on the house each month. You...
by indexonlyplease
Wed Oct 04, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6528

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

Why do you own REITs. Is it the income? Or long term return? Just asking. Also, what % do you like. Also, considering the REITs in total stock market. Income nor long term is the correct metric because, after all, dividends are irrelevant. At this stage of my life I don't need to do any liability m...
by indexonlyplease
Wed Oct 04, 2017 6:24 am
Forum: Investing - Help with Personal Investments
Topic: Should I max out my Roth IRA as an 18 year old?
Replies: 15
Views: 965

Re: Should I max out my Roth IRA as an 18 year old?

My son opened a Roth IRA at Vanguard 19 when he graduated high school and started working part time. Now at 21 in college and working part time. We always do a match with him. It was $100 a month and now maxed out with our match. I would think put in the amount you can afford for the long haul. Mayb...
by indexonlyplease
Wed Oct 04, 2017 6:03 am
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6528

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

What is current thinking about a CD ladder for the bond side of the portfolio? Paul I was thinking about a cd ladder with some extra cash I did not want to put in the market. But the rate only good rate is Ally 5 yr 2.25%. 150 day penalty. The 1,3 yr rates seem to low to build ladder. What do you t...
by indexonlyplease
Wed Oct 04, 2017 5:56 am
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6528

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

I like REITs. I overweight REITs in my portfolio. I believe that they are a excellent diversifier. They are not bond alternatives. They have the same level of return and risk as equities. I could make a stronger argument for direct holding of real estate as a bond alternative. Still not a bond, but...
by indexonlyplease
Wed Oct 04, 2017 5:47 am
Forum: Personal Consumer Issues
Topic: Where/when to get good deals on athletic shoes
Replies: 24
Views: 1592

Re: Where/when to get good deals on athletic shoes

For years I have been buying my sneakers at Finishline. I usually buy shoes that are on sale. Also, for every $200 you spend they send you a $20 voucher for any sneaker. With 2 kids I get to $200 real easy. This also allows me to buy the sneakers I want. Good to protect the only pair of feet you have.
by indexonlyplease
Tue Oct 03, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 142
Views: 20780

Re: What age did you become debt free and what opportunities did it create?

jebmke wrote:
Fri Jul 03, 2015 10:48 am
I was born debt free.

Took on a small amount of student debt at 24, paid it off @30 but year later took on mortgage. Paid off last mortgage when we moved overseas @50, no debt since.
Can I ask the reason why you moved overseas? Did you find a great place to live? Please tell.

Thanks
by indexonlyplease
Mon Sep 25, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6811

Re: Spouse Money Management

hey Bogleheads, What money management system do you use with your significant other (or have you heard of any good ones)? I am a saver and my gf (of 2 years) is a spender who makes very little working part time a a college student. I make about 15x what she makes in a week. My take home pay = $35k/...
by indexonlyplease
Sun Sep 24, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 95
Views: 6822

Re: What is your favorite reasonably priced bourbon?

I drink bourbon neat with no ice. I've purchased some expensive bourbons and received some as gifts. To date, Four Roses Small Batch is my favorite. It is reasonably priced and has great flavor. I'm open to suggestions and criticism from my fellow Bogleheads. What is your favorite reasonably priced...
by indexonlyplease
Fri Sep 22, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 10992

Re: Retirees, what is your marginal tax rate?

I always heard that your taxes will be lower in retiremnet. I retired last year and because of my pension I stayed in the same tax bracket 25%. Now I have to be careful in the future if I decide to take some of my investments. They could put me in the next tax bracket. But wife still works so when s...
by indexonlyplease
Fri Sep 22, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Would you get flood insurance?
Replies: 25
Views: 1660

Re: Would you get flood insurance?

So I live in Houston and my house did not get flooded during Harvey. The water didn't even come up the drive-way. I'm debating on getting flood insurance. I'm not in a flood zone (apparently i'm in the 500 year flood zone according to the county). Would you get flood insurance now even though your ...
by indexonlyplease
Fri Sep 22, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 9312

Re: Age you retired

Last year age 52. Did not want to retire but because of to many changes in the pension system I had no choice. Went back to work for 3 months and now have been retired for around 8 months. I plan to instruct in my career part time starting this month. But not having to get up early to go to work is ...