Search found 8365 matches

by BL
Fri Sep 14, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs EJ
Replies: 16
Views: 1051

Re: 3 fund vs EJ

A compromise might be to keep the funds he has now at V and try your suggestion with new purchases.
by BL
Wed Sep 12, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Another high expense-ratio 401(k), Help!
Replies: 22
Views: 1312

Re: Another high expense-ratio 401(k), Help!

I would skip international and consider picking it up in Roth or taxable.

Maybe wait a bit and then campaign for an S&P 500 type index fund.

You need to contribute to defer taxes.
by BL
Wed Sep 12, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Medicare and related statements
Replies: 7
Views: 481

Re: Medicare and related statements

Check online to see if you can switch to e-statements.
by BL
Wed Sep 12, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: I have 401k investments - what about my Roth IRA?
Replies: 8
Views: 472

Re: I have 401k investments - what about my Roth IRA?

ChristopherRobin wrote:
Wed Sep 12, 2018 3:30 pm
TwstdSista wrote:
Wed Sep 12, 2018 3:16 pm
I'd invest in a Total Stock Market Index Fund and/or a Total International Index Fund. Easy peasy!
Are you saying to invest in the same Total Market Index Fund as my 401(k) or use a different fund altogether?
Fidelity has a similar total stock and probably international.
by BL
Wed Sep 12, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: I have 401k investments - what about my Roth IRA?
Replies: 8
Views: 472

Re: I have 401k investments - what about my Roth IRA?

TwstdSista wrote:
Wed Sep 12, 2018 3:16 pm
I'd invest in a Total Stock Market Index Fund and/or a Total International Index Fund. Easy peasy!
+1
Is it at Vanguard?
by BL
Wed Sep 12, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: where to learn to sew?
Replies: 33
Views: 2106

Re: where to learn to sew?

Ask around for leads on old machines and cotton scraps. Agree that well-cared-for old machines are likely better than cheap newer ones. Pre-1963 Singers, any Kenmore (last made by Janome), might be good. Berninas are/were expertly engineered, even the most basic ones. There are others as well. Maybe...
by BL
Wed Sep 12, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Need to make major rebalance to bonds - help
Replies: 19
Views: 2076

Re: Need to make major rebalance to bonds - help

Any good blended or balanced funds in your 401K? Sometimes the ER is lower than solo bond funds. Also, muni bond funds, especially Vanguard's are low cost and can help solve your problem. well, I'm not sure how to assess "good". my choices are Fidelity Stable Pool Fund (ER 0.49%) PIMCO Total Return...
by BL
Wed Sep 12, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8991

Re: My daughter's inheritance.

You might find a bank that participates in CDARS which lets them handle a large amount of money in guaranteed CDs: https://en.wikipedia.org/wiki/Certificate_of_Deposit_Account_Registry_Service Jane Bryant Quinn has some easy to read books (and articles on her web site) that may serve as a handy refe...
by BL
Wed Sep 12, 2018 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Need to make major rebalance to bonds - help
Replies: 19
Views: 2076

Re: Need to make major rebalance to bonds - help

Fidelity Stable Pool Fund (ER 0.49%)
?
What interest rate does this pay? It might work as a "bond".

It is ok to have some bonds in a Roth.

I-bonds defer taxes up to 30 years and are state tax-exempt.
by BL
Wed Sep 12, 2018 12:15 am
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8991

Re: My daughter's inheritance.

... I have heard mention of Garrett here, also I think The Finance Buff who posts here can be hired to locate someone. https://adviceonlyfinancial.com/ ... $200 to find someone, isn't that expensive? Especially as the final fees itslef can go from $1500 to $2000. Maybe, but if it steers you away fr...
by BL
Tue Sep 11, 2018 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 1985

Re: dumb dentist question - canceling whole life insurance

I would ask the company for an in-force illustration that shows guaranteed amounts: What is inforce illustration? An inforce illustration is a picture of your insurance policy as it stands now. It will show the exact results of what has happened from the initial policy inception to today with future...
by BL
Tue Sep 11, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Switching investment fund
Replies: 9
Views: 658

Re: Switching investment fund

Open your Vanguard account, in the Menu, select My Accounts and go to Cost basis. In the Total Gain/Loss column, a red Gain means that if you sold your fund, you would have a capital gain that will add to your taxable income. If you look up "capital gains", you'll see that they are taxed at either ...
by BL
Tue Sep 11, 2018 7:16 am
Forum: Investing - Help with Personal Investments
Topic: AA for funds earmarked for parents' care
Replies: 5
Views: 432

Re: AA for funds earmarked for parents' care

I like your having some in cash-like fixed income for sudden needs and lower risk, especially since you don't have any in your own AA. Maybe check out some state tax-free possibilities such as I-bonds or other federal MM or treasury bills or bonds. Prime MM pays 2.08% taxable now so is not bad for c...
by BL
Mon Sep 10, 2018 12:14 am
Forum: Personal Consumer Issues
Topic: where to learn to sew?
Replies: 33
Views: 2106

Re: where to learn to sew?

Check out patternReview.com. The are the "bogleheads" of the sewing world. There are all kinds of subjects and you can ask for advice there. They also have some online classes. Haven't checked for a while (too busy here!) They are also on social media.
by BL
Sun Sep 09, 2018 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Money Market vs CD vs Bond fund vs .... Cash
Replies: 11
Views: 2689

Re: Money Market vs CD vs Bond fund vs .... Cash

You could put part of the Chase cash into Vanguard money market funds and still have quick access, even check writing. Ally online bank would probably have higher rates than Chase with quick access and FDIC insurance.
by BL
Sun Sep 09, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Switching investment fund
Replies: 9
Views: 658

Re: Switching investment fund

It would help if you name the fund, so each person doesn't have to look them up.

Also, are these in retirement accounts or taxable accounts?
by BL
Sun Sep 09, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8991

Re: My daughter's inheritance.

I would add that I agree with the Vanguard PAS as maybe the only sure way not to get burned. They charge 0.3%/year and put you into low-ER index funds and won't try to sell you high-expense funds or insurance products. You may have a legal responsibility to use a manager if you are not prepared to j...
by BL
Sun Sep 09, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction
Replies: 44
Views: 7662

Re: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction

Re #4, I did set aside $50k in VG's muni money market and it literally has not moved a single cent for the past 10 days. Does it only reprice once a month or something? I see it's 1 on the 1-5 risk/reward scale, but still did not expect it to have seemingly zero volatility! I have the Prime MM. It ...
by BL
Sat Sep 08, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Equities verses Annuities
Replies: 7
Views: 1100

Re: Equities verses Annuities

The older you are when you buy a SPIA, the larger the monthly payment is going to be. Look at ImmediateAnnuities.com for estimates at various ages and investments. Compare age 65, 70, 75. Your money is never available once you buy it; only the monthly payment is going to come for the rest of your li...
by BL
Sat Sep 08, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Variable Life Insurance Policy worth it?
Replies: 9
Views: 982

Re: Variable Life Insurance Policy worth it?

Get term in place first before dropping it. Look at term4sale to get an idea of price (Do you need 10 or 20 year term or some of each?) Contact a local independent insurance broker who will shop around several companies for the best choice for your situation. Then I would contact the existing insura...
by BL
Sat Sep 08, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Helping my dad with his IRA
Replies: 16
Views: 1287

Re: Helping my dad with his IRA

Hi My dad who is 71yrs old has $159,000 in IRA CD in a local bank. It earns 1.8%. I'm wondering if there is a better option out there for him. He wants to make sure he preserves the money but it would be nice if it could earn more than 1.8%. Does anyone have any ideas? See what the rules are for te...
by BL
Sat Sep 08, 2018 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Helping my dad with his IRA
Replies: 16
Views: 1287

Re: Helping my dad with his IRA

Does he want help? Does he have any stock or bond investments? This may not be the age to start investing in them. You must keep it (most of it) in an IRA or he will have to pay taxes on that amount. He probably takes out an RMD amount each year and pays tax on that. However IRAs can be transferred ...
by BL
Mon Sep 03, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for an 87-year-old?
Replies: 36
Views: 2216

Re: Advice for an 87-year-old?

Look around town to see what rates are available at his and other banks and credit unions locally. Perhaps his bank has 1 loss=leader CD. Just let him know on paper, and leave changes to him if he chooses. Be available to help as needed. Encourage him to spend on something he would really like, but ...
by BL
Thu Aug 30, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Relative Never Took RMDs on Inherited IRA From 2004
Replies: 32
Views: 5049

Re: Relative Never Took RMDs on Inherited IRA From 2004

I assume you will withdraw at least the required amount before submitting this to the IRS.
by BL
Wed Aug 29, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 199
Views: 28576

Re: What to do after losing $117k in stock market?

Locate a G.A. and start attending immediately! Your future self will thank you.
http://www.gamblersanonymous.org/ga/loc ... /table/VA/

Also find a gamblers/addiction counselor ASAP. G.A. might be able to recommend a person.
by BL
Wed Aug 29, 2018 12:09 am
Forum: Personal Consumer Issues
Topic: Ladies: bra shopping question
Replies: 63
Views: 8806

Re: Ladies: bra shopping question

I also stocked up on a bunch but need to replace them. I tend to buy most of my clothes in bunches. Thanks everyone, for the ideas. After looking at the links, my first plan is Nordstroms in person; I'm tired of mailing things back. I took a close look at one of my bras this morning, with the idea ...
by BL
Tue Aug 28, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing 2018
Replies: 16
Views: 1870

Re: Rebalancing 2018

BL, I really appreciate your suggestions., and thoughts. Looking at what's available for me to choose from I have: FADMX Strategic Income Fund, (this one was also listed in Kiplinger's 5/2018 Best of..) FASHX as a short duration high income bond fund, and several Government funds that are all in th...
by BL
Mon Aug 27, 2018 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing 2018
Replies: 16
Views: 1870

Re: Rebalancing 2018

One of the suggestions I see here is: Don't Look! The less you look, the less painful and also the less likely you are to mess with it. (Yes, you want to make sure you contribution went in, but that is all you need to do.) I believe Fidelity had a paper that said dead people did better on their acco...
by BL
Sun Aug 26, 2018 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Can't handle being in debt (mentally)
Replies: 42
Views: 5059

Re: Can't handle being in debt (mentally)

Posted a while back about a close friend who was on the verge of using his Roth IRA to payoff his debt. He is not in the greatest financial situation as far as overall wealth. However his debt is small in the grand scheme of things. Initially he tried setting up a payment plan to eliminate the debt...
by BL
Sun Aug 26, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14992

Re: How to Begin with 1M

I think Vanguard is ideal for someone who is unsure of investing. They have great low-cost (low-ER) funds and won't lead you into expensive choices like others may or may not. Contacting the V PAS would give you some idea of what they suggest for investing. It could be 4-10 low-ER funds covering US ...
by BL
Sun Aug 26, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Rebalancing 2018
Replies: 16
Views: 1870

Re: Rebalancing 2018

If losing a tiny bit in bonds is disturbing (I agree it is frustrating), what will you feel when you lose 10, 20, 30, or more in equities? Perhaps you need more in bonds, maybe CDs, money market, short term bonds, etc. The old rule of thumb is "age in bonds", so that would be 40/60 stock/bond ratio....
by BL
Thu Aug 23, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Go With Vanguard PAS After This Recommendation?
Replies: 28
Views: 2328

Re: Should I go with Vanguard PAS After This Recommendation?

They may tax loss harvest with total stock one place and S&P 500 in other. Did they break it into what goes into each account?
by BL
Thu Aug 23, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Go With Vanguard PAS After This Recommendation?
Replies: 28
Views: 2328

Re: Should I go with Vanguard PAS After This Recommendation?

3-fund is pretty simple. Looks good. No bonds is more questionable, unless you requested it.

edit: Sorry, I was looking at the summary. Still, not bad.
by BL
Thu Aug 23, 2018 2:01 pm
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2755

Re: Rating system for posts/posters ?

I do miss seeing the date joined and number of posts made that I saw on the bigger screen. That helped me as a newbie. It's still there. I see you joined Sunday, Mar 1, 2009 at 3:28pm and have 8196 posts. I see it from a computer - but not from my smartphone (Android-Chrome). I'm guessing BL is on ...
by BL
Thu Aug 23, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: Alexa for seniors, especially blind or low vision
Replies: 13
Views: 1177

Re: Alexa for seniors, especially blind or low vision

I picked up a Fire 10 on Prime day with Alexa hoping to use it for senior assistance: calling, asking Alexa for temp., news, jokes, timer, music, etc. Results to be determined.
by BL
Thu Aug 23, 2018 8:48 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2755

Re: Rating system for posts/posters ?

I do miss seeing the date joined and number of posts made that I saw on the bigger screen. That helped me as a newbie.
by BL
Thu Aug 23, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity- Alternative Investments
Replies: 11
Views: 694

Re: Variable Annuity- Alternative Investments

No experience, but would suggest you do what you want for yourself, but not lead this person down this path at all!
by BL
Wed Aug 22, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Target funds for both taxable and tax advantage account?
Replies: 24
Views: 2058

Re: Target funds for both taxable and tax advantage account?

You have to decide how much you value simplicity. As noted above, there are some options. The main issue is the taxable account. You can easily use Target Retirement (TR) funds in tax advantaged accounts - 401, 403, 457, IRA, etc. Here are a few options for the taxable account, each with different ...
by BL
Wed Aug 22, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for a Generous Grandparent?
Replies: 53
Views: 4416

Re: Suggestions for a Generous Grandparent?

Agree that each child should be treated the same.

When/if she gives or bequeaths to her children, each should be given the same, except for special needs, etc. (Per stirpes may not always seem fair to next generation, but at least it is standard procedure.)
by BL
Wed Aug 22, 2018 10:58 am
Forum: Investing - Help with Personal Investments
Topic: IRAs now liquid; reinvestment quandry
Replies: 13
Views: 724

Re: IRAs now liquid; reinvestment quandry

I would suggest that "buy low sell high" has almost nothing to do with setting up your portfolio. There are other ways than dividends to get cash to live on. Selling equities gives the same end result. You are taking value from the fund whether it is from CG or dividends. I like having Jane Bryant Q...
by BL
Wed Aug 22, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance - does this seem reasonable? (Added another ? about company)
Replies: 19
Views: 934

Re: Life Insurance - does this seem reasonable? (Added another ? about company)

If you have a good independent agent in your town, they should be able to shop around for you after considering your health status. An experienced independent agent should have dealt with a number of insurance companies and know how their rates tend to work. Term4sale.com may work in a similar manne...
by BL
Tue Aug 21, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard target date fund
Replies: 17
Views: 1753

Re: Vanguard target date fund

I also think you are fine, but also consider V Life Strategy Aggressive (20% bonds) or combined with L.S. Moderate (40% bonds) for less aggressive investing.

To do individually, consider just one bond mutual fund for simplicity.
by BL
Mon Aug 20, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 1282

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

Dr Bernstein has written an excellent 16-page pdf for new investors. It is a great review for all of us:
https://www.etf.com/docs/IfYouCan.pdf
by BL
Sun Aug 19, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for 86 year old
Replies: 14
Views: 1279

Re: Asset Allocation for 86 year old

I believe you can buy CDs at V brokerage.

V Prime MM pays over 2% now.
by BL
Sun Aug 19, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: 401K rollover time allowed
Replies: 13
Views: 853

Re: 401K rollover time allowed

Those 3 brokerages probably all accept company stock and 401k, so why not use same company? Hopefully your company stock is not a large % of your portfolio, or you might want to sell some.

Make your decision and move ASAP.
by BL
Sat Aug 18, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: UPDATE: Credit Card Fraud - $30K
Replies: 66
Views: 8623

Re: Credit Card Fraud - $30K

Perhaps you should go to annual credit.com to get free complete copies of your credit reports (not scores):
https://www.annualcreditreport.com/index.action
by BL
Sat Aug 18, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to raise cash to pay living expenses in near term (nine months)?
Replies: 47
Views: 3192

Re: How to raise cash to pay living expenses in near term (nine months)?

Don't know that it is something I would do, but rolling over part of an IRA to another location allows a 60-day window in which to complete the transaction, so the funds could be used within that <60-day period. This could work from early April to the May date of your CD maturing. If something goes ...
by BL
Sat Aug 18, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: tIRA bond fund(s)
Replies: 13
Views: 835

Re: tIRA bond fund(s)

I am not aware of any costs buying or selling Vanguard funds at V. If you have low $ amounts, get e-statements to avoid low-amount charges. No other charges that I am aware of except for work plans. Sounds like you are not sticking to AA if going from bond to stock with no counter-balancing somewher...
by BL
Sat Aug 18, 2018 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Elderly Relative Short on Money
Replies: 98
Views: 8899

Re: Elderly Relative Short on Money

Sorry to hear about this situation. I can understand you not wanting to have her work at a minimum-wage job. But if she provides you with great housekeeping and child care services, I think you should pay her the market value for her services. Otherwise I would start to fund a separate account for ...