Search found 8323 matches

by BL
Tue Jul 31, 2018 10:37 pm
Forum: Personal Consumer Issues
Topic: First smartphone:What to buy and what prepaid plan to sign on?
Replies: 27
Views: 2394

Re: First smartphone:What to buy and what prepaid plan to sign on?

I used a Tracfone ZTE smart phone ($30) last year with no problems. That might work for a kid just fine. Now I have a Moto G to get a bigger screen for old eyes.
by BL
Tue Jul 31, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: 1.9 M windfall. My plan; input requested
Replies: 30
Views: 4723

Re: 1.9 M windfall. My plan; input requested

Reconsider helping your kids through college! Of course, there are lots of factors... +1 Also with cars, if you like what you are driving, consider buying the cars as they come off lease. If not, look for a cheaper new or used car. Any show of wealth will attract insurance, financial, and other fol...
by BL
Tue Jul 31, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Need Help with Mom’s Retirement Income
Replies: 34
Views: 3913

Re: Need Help with Mom’s Retirement Income

She may have a need for risk, the desire for risk, but she does not have the ability to take a lot of risk (if market crashes, she is in big trouble with a high % of equities.) Someone else should weigh in on this, but I am thinking that it might make sense to roll over an amount to an IndividualRet...
by BL
Mon Jul 30, 2018 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds expense ratios held in IRA through Mass Mutual
Replies: 6
Views: 548

Re: American Funds expense ratios held in IRA through Mass Mutual

If he decides he wants an advisor, Vanguard's PAS is a low-cost alternative that puts you into very low-ER funds. Cost is 0.3%/year and funds would cost ~0.05-0.2% ER. They could be dropped after a year or so and leave you with a decent low-cost portfolio.
by BL
Mon Jul 30, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: TSP G Fund vs Bond Fund AGG or BND
Replies: 7
Views: 658

Re: TSP G Fund vs Bond Fund AGG or BND

In retirement having a guaranteed fund that never loses principal sounds great! Having Total Bond Market recently meant losing value even with dividends reinvested, which is not fun. That might be ok in accumulation years, but not great in retirement.
by BL
Mon Jul 30, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to redo portfolio - Thoughts?!
Replies: 12
Views: 919

Re: Looking to redo portfolio - Thoughts?!

Ok, you have gotten some hints on possible increased tax-advantaged savings; it is up to you to gather the facts for your particular case. It all depends on your employer who has to work within federal guidelines. The normal 18.5k 401k contribution sometimes has limitations for HCE, IIRC, so normall...
by BL
Mon Jul 30, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Pay Down Question
Replies: 37
Views: 2198

Re: Credit Card Pay Down Question

Absolutely don't use the credit card while it has debt. Anything you buy would have that interest rate! Maybe freeze it in an ice cube tray in water.
by BL
Mon Jul 30, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds expense ratios held in IRA through Mass Mutual
Replies: 6
Views: 548

Re: American Funds expense ratios held in IRA through Mass Mutual

I went to Morningstar to see what expense is listed for first fund: Initial 5.75% Deferred — Redemption — Total Cost Projections BLPAX Per 10K 3 Years 801 5 Years 968 10 Years 1,452 Other Fees/Expenses BLPAX Net Expense Ratio: Annual Report 10/31/2017 0.35% Net Expense Ratio: Prospectus 07/01/2018 0...
by BL
Mon Jul 30, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Building a portfolio from scratch, starting with 100k
Replies: 15
Views: 1356

Re: Building a portfolio from scratch, starting with 100k

No idea of what the "private deals" you refer to are, but I would suggest caution here since your job and your "deals" could be at risk at the same time, much the same as owning stock in the company you are working for. Also "private deals" may not be covered by SEC at all, so you have absolutely no...
by BL
Mon Jul 30, 2018 12:33 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Planning: Single, no kids, good saver - why shouldn't I do primarily Roth 401(k) contributions?
Replies: 11
Views: 1170

Re: Retirement Planning: Single, no kids, good saver - why shouldn't I do primarily Roth 401(k) contributions?

No one says you can't pay extra on your 30-year mortgage. But it would be nice not to have to increase your income in early retirement just to pay the higher amount of a 15-year mortgage. So it seems it would give you options that you wouldn't have if you were required to pay more. Delaying SS is a ...
by BL
Sun Jul 29, 2018 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Helping my mother-in law with investments
Replies: 8
Views: 1268

Re: Helping my mother-in law with investments

You are not in a good position to advise as you are not (yet) even part of the family. I suggest you go as simple as possible to accomplish this. She probably could buy CDs that yield over 2% and are guaranteed not to lose principal, unlike stocks and bonds. That would require watching for maturing ...
by BL
Sun Jul 29, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Pay Off...best method?
Replies: 23
Views: 3041

Re: Mortgage Pay Off...best method?

It sounds like you have almost no retirement accounts. You might be able to set one up for your job: perhaps check this Vanguard page for a comparison of various possibilities (not necessarily pushing V as others may be even better, just happen to be familiar with this page): https://investor.vangua...
by BL
Sun Jul 29, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for son and daughter-in-law
Replies: 58
Views: 3255

Re: Life Insurance for son and daughter-in-law

As an adult child who had lost a spouse, I certainly would not want to depend on a parent or parent-in-law to dole out money as they believed necessary for my life and my children's life. No responsible adult wants to revert to dependency again if at all possible. Having a back-up is great, but not ...
by BL
Sun Jul 29, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for son and daughter-in-law
Replies: 58
Views: 3255

Re: Life Insurance for son and daughter-in-law

Use an independent agent and/or check term4sale.com to get an idea of cost. Agree that something outside of work is good, and both spouses should have coverage. You shouldn't need any after kids finish college; perhaps spouse won't need it that long. Some buy 2 policies: through high school, through...
by BL
Sun Jul 29, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Adjusting portfolio due to illness
Replies: 4
Views: 544

Re: Adjusting portfolio due to illness

It sounds reasonable. To go even further, I would even consider some Prime Money Market or one of the other MMs at Vanguard. At about 2% current yield, they are doing quite well and not falling in NAV like Total Bond (and even short-term bond) has for a while now. In your books, maybe compare with a...
by BL
Sat Jul 28, 2018 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: advice on contributing to IRA and backdoor Roth
Replies: 17
Views: 1447

Re: advice on contributing to IRA and backdoor Roth

Yes, run through the 8606 now, so you know what is involved.
by BL
Fri Jul 27, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Help With Beneficiaries: Single, No Children, Two Siblings
Replies: 12
Views: 1329

Re: Help With Beneficiaries: Single, No Children, Two Siblings

Start with Googling: intestate (your state) to get a general idea of who would inherit your estate if you have no will. I would suggest getting a will done: find a lawyer, perhaps your work benefits even have one. If not, I found my state has a will online which might work for you. The Nolo books, l...
by BL
Thu Jul 26, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Reset Financials Need to Be Done?
Replies: 23
Views: 2122

Re: Reset Financials Need to Be Done?

You are planning to be House-poor, with a huge added expense of private school coming up! And this is only the costs you know about! Maybe if you move to a LCOL you could achieve a similar size house in a good school neighborhood, but I don't see how it would work with this situation.
by BL
Thu Jul 26, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Income Limit for Roth IRA contributions
Replies: 13
Views: 1553

Re: Income Limit for Roth IRA contributions

Yes, if you are worried about passing Roth income limits, be sure to max your traditional 401k contributions, 18,500 before age 50.

There may be at least one low-ER fund such as S&P 500, Vanguard fund, or other index fund that can be coordinated with Roth IRA, etc. to achieve your AA.
by BL
Thu Jul 26, 2018 8:43 am
Forum: Personal Consumer Issues
Topic: Figuring out long-term technology plan for kids - Chromebook?
Replies: 43
Views: 2539

Re: Figuring out long-term technology plan for kids - Chromebook?

Best Buy did not have ASUS when I looked. Amazon has more. I have a basic one I use all the time with many tabs open. No problem with printing.
by BL
Wed Jul 25, 2018 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about LT capital-gains tax
Replies: 7
Views: 1245

Re: Confused about LT capital-gains tax

mega317 wrote:
Wed Jul 25, 2018 10:14 pm
hesson11 wrote:
Wed Jul 25, 2018 8:21 pm
(No, I am definitely NOT doing my own taxes. I’m just curious about how it works.
I read that sentence like you think it's preposterous. I think you should do your own taxes. Then you will have no more curiosity.
+1
by BL
Wed Jul 25, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Investments during retirement
Replies: 5
Views: 719

Re: Investments during retirement

What are they invested in now? More of the same is a possibility, perhaps with CDs and Vanguard Prime Money Market as well. (CDs can also be purchased through brokerage if desired.) Vanguard target income fund (70% bonds) is one possibility. Quite conservative, but some room for increase with 30% st...
by BL
Wed Jul 25, 2018 12:54 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 13
Views: 1121

Re: Life Insurance

Agree to check that website so you know what it should cost assuming you are healthy. You may want to find an independent insurance broker who will check with various companies to get competitive LEVEL TERM insurance. A captive broker will only try to sell you with the one company he works for, and ...
by BL
Tue Jul 24, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Lawsuit payout
Replies: 19
Views: 3044

Re: Lawsuit payout

I also forgot an account that I just remembered about Thrift savings plan- 17K G Fund Government Securities 6.48% F Fund Fixed Income Index 5.06% C Fund Common Stock Index 68.84% S Fund Small Cap Stock Index 14.90% I Fund International Stock Index 4.72% ---Average expense ratio is .33 Im contributi...
by BL
Tue Jul 24, 2018 12:39 pm
Forum: Investing - Theory, News & General
Topic: Income Limit for Roth IRA contributions
Replies: 13
Views: 1553

Re: Income Limit for Roth IRA contributions

I would stop all contributions until taxes figured out. You have until next April to contribute to 2018 Roth. From Forbes: In 2018, the AGI phase-out range for taxpayers making contributions to a Roth IRA is $189,000 to $199,000 for married couples filing jointly, up from $186,000 to $196,000 in 20...
by BL
Mon Jul 23, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: My Portfolio: Should I Have Gone with a Three Fund?
Replies: 16
Views: 2332

Re: My Portfolio: Should I Have Gone with a Three Fund?

What is the total fee? What are the ERs for each fund? (Then compare with the 3 backtested funds.) Funds less than 5% probably won't make a noticeable impact on your portfolio. So many funds just makes them look busy and indispensable. Simple is better. DFA funds are popular with some Bogleheads. I ...
by BL
Mon Jul 23, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Wife and her brother are recipients of a few inherited IRA's
Replies: 11
Views: 1651

Re: Wife and her brother are recipients of a few inherited IRA's

There may be identifiable information here that you may wish to edit out (click on the pencil icon at top of your post.)
by BL
Mon Jul 23, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Reset Financials Need to Be Done?
Replies: 23
Views: 2122

Re: Reset Financials Need to Be Done?

Your life will change when you have a child. Eating out, going to movies, etc. could be dropped. She may need a car (assuming you have only one car now) to transport child around. Staying home could mean more or less spending. Plan a weekly food spend, so you are not broke the last week. Have some s...
by BL
Sun Jul 22, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Guilt at buying nice things for myself
Replies: 28
Views: 3840

Re: Guilt at buying nice things for myself

Maybe track your money and set aside a certain amount per year, maybe $1k, for special purchases. I see nothing wrong so far, but if you made a big purchase each month, that might be different. Some spend money on their car, others on eating out or partying, etc. As long as you are saving considerab...
by BL
Sun Jul 22, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA Remnants
Replies: 3
Views: 201

Re: Rollover IRA Remnants

mhalley wrote:
Sun Jul 22, 2018 3:51 pm
Are you doing the backdoor roth this year? Just roll it into the Roth with your contribution.
Sounds like a plan.
by BL
Sun Jul 22, 2018 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Where to go next? 24, grad student, pepsi, roth etc
Replies: 45
Views: 3006

Re: Where to go next? 24, grad student, pepsi, roth etc

Did you get it about the Capital Gains (CG) tax rate up through the 12% tax bracket? First you add CG to all other income to get AGI (adjusted gross income, calculated on page 1 of last year's 1040 income tax form, linked in a previous comment.) This year's 1040 may look completely different. You th...
by BL
Sat Jul 21, 2018 11:12 pm
Forum: Personal Consumer Issues
Topic: Hearing aids
Replies: 29
Views: 3459

Re: Hearing aids

Medicare does not cover hearing aids, but may cover some hearing tests by professionals.
by BL
Sat Jul 21, 2018 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Where to go next? 24, grad student, pepsi, roth etc
Replies: 45
Views: 3006

Re: Where to go next? 24, grad student, pepsi, roth etc

A quick guide to investing and other useful personal finance issues for new investors is this 16-page guide made available free as a pdf (also a book or e-book on Amazon.com): https://www.etf.com/docs/IfYouCan.pdf The Boglehead's Guide to Investing is a great book as well, also available at your lib...
by BL
Sat Jul 21, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: 28yo Needs Help with 401K and Personal Investments
Replies: 19
Views: 1943

Re: 28yo Needs Help with 401K and Personal Investments

Vanguard Institutional Total Bond Market Index Trust 0.021% VANGUARD INSTITUTIONAL TOTAL STOCK MARKET INDEX TRUST 0.0135% VIVIX (Vanguard Value Index Fund Institutional Shares) 0.04% VWILX (Vanguard International Growth Fund Admiral Shares) 0.32% You could do fine with the 2 in color and maybe add ...
by BL
Sat Jul 21, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Where to go next? 24, grad student, pepsi, roth etc
Replies: 45
Views: 3006

Re: Where to go next? 24, grad student, pepsi, roth etc

You have until next April to do the rest of the Roth for 2018, so you could do your taxes or check W 2 to see what your wage income is. Maybe find a tax estimator later this year to see your tax for 2018. My guess is this is the year to sell. Pepsi for possibly no tax. I wouldn't, but you could alwa...
by BL
Sat Jul 21, 2018 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Moving IRAs to Vanguard, advice
Replies: 21
Views: 2100

Re: Moving IRAs to Vanguard, advice

The top of your 12% tax bracket this year is 38.7k taxable income . Add 12k standard deduction to get 50.7k AGI possible income (or W-2, box 1, wage income if that is your only income) to stay within that bracket. If the income you listed is wages, you are well under the top of the 12% tax bracket. ...
by BL
Sat Jul 21, 2018 1:26 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: 7654

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

Here is a great 16-page pdf for new investors that you will definitely have time to read, maybe more than once! (Dr Bernstein's writing is also on the recommended book list in the Wiki): https://www.etf.com/docs/IfYouCan.pdf I would use the Boglehead book as a reference and look at a topic at a time...
by BL
Fri Jul 20, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, new 401K, trying to select best bang for the buck from whats available
Replies: 16
Views: 1143

Re: New Job, new 401K, trying to select best bang for the buck from whats available

Find out if the loads on Class A funds are waived in your 401k. If so, the balanced fund should work. Look for the % bonds in each and choose either one or two close to your preference of 25% bonds. The ERs are not great, but not terrible for a 401k. I would fill spouse's 401k if better, as well as...
by BL
Thu Jul 19, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9303

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Agree that selling immediately (keep a tiny amount if you must) with the step-up in basis makes the most sense. It is possible that your father felt he couldn't sell them because of Capital Gains taxes so he needed to keep it until step-up at his death, although he may have just simply wanted to own...
by BL
Wed Jul 18, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 13850

Re: New Vanguard Security Code Requirement

mptfan wrote:
Wed Jul 18, 2018 12:51 pm
BL wrote:
Wed Jul 18, 2018 12:01 am
Can it remember all of your computers if you go through the process once with each one?
Yes.
Thanks.
by BL
Wed Jul 18, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Current Situation
Replies: 10
Views: 985

Re: Help with Current Situation

Perhaps transfer the 401k to a Fidelity IRA and buy the 4-in-1 fund,FFNOX, which is pretty much the 3-fund portfolio. Maybe next year when unemployed convert to a Roth IRA with her low/no income tax. https://fundresearch.fidelity.com/mutual-funds/summary/31634R109?type=sq-NavBar Simplicity is good. ...
by BL
Wed Jul 18, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance premium question
Replies: 7
Views: 850

Re: Term Life Insurance premium question

Check with an Independent insurance broker that will shop several companies for you based on your health, etc. Term4sale.com is an on-line place to at least get a quick estimate based on age and state, but you can also get a broker there as well. You want a LEVEL term for X years, not one that incre...
by BL
Wed Jul 18, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Heresy: Is It Worth Converting tIRAs to Roth?
Replies: 46
Views: 4757

Re: Heresy: Is It Worth Converting tIRAs to Roth?

If you choose to donate to charities, the QCD available after age 70.5 lets you donate some/all of your RMD and not pay any tax on that part.
by BL
Wed Jul 18, 2018 12:23 am
Forum: Investing - Help with Personal Investments
Topic: What to put in a relatively insignificant Roth IRA
Replies: 5
Views: 651

Re: What to put in a relatively insignificant Roth IRA

How about 90% total stock market (or S&P 500) and 10% REIT? Or throw in some Extended Market to complete the US large cap fund in 401k. (I didn't look up your ETF tickers so don't know exactly what you have there, except they look familiar.) Since your bonds probably yield more in 401k than the muni...
by BL
Wed Jul 18, 2018 12:01 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement [2FA: Two-factor authentication]
Replies: 185
Views: 13850

Re: New Vanguard Security Code Requirement

Can it remember all of your computers if you go through the process once with each one? I tend to use one of several on an almost daily basis so that would be nice to set each one up just once.
by BL
Sat Jul 14, 2018 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Simple question on where to fund - 401k > IRA > what next
Replies: 20
Views: 1500

Re: Simple question on where to fund - 401k > IRA > what next

Please post tickers, ERs, and name of each available fund. S&P 500 is outstanding, perhaps Vanguard target is too.
by BL
Sat Jul 14, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2838

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

Look at Wiki list of books to read.
I suggest as a quick read, Dr. Bernstein s PDF, If You Can, as a start.
by BL
Sat Jul 14, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2838

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

Never heard of V reimbursing anything. They also rarely charge for things. They don't charge for selling A funds from American, AFAIK. Sign up for e statements to avoid low account fees.

Look up your current tickers on Morningstar's site to see funds loads, ERs, and 12b-1 kickbacks to brokerage.