Search found 102 matches

by bfeenix44
Mon May 18, 2020 11:28 pm
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 47
Views: 3122

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

At their ages I'd leave things as they are for now. You don't want to risk making changes that might upset them. Plus you might be in the middle of the reorganization and find yourself without authority to complete it if they pass on first. But you can start familiarizing yourself with everything a...
by bfeenix44
Mon May 18, 2020 11:27 pm
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 47
Views: 3122

Re: Requesting advice: Ed Jones to Vanguard for folks in mid-90s

My understanding is that no capital gains taxes are paid in their tax bracket. Not for federal, but if Iowa is like most states the state tax rate applies. They have a couple of small annuities which they plan to cash before they annuitize (they have done this with other similar annuities in the pa...
by bfeenix44
Mon May 18, 2020 2:55 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

FOLKS' FULL PROFILE POST NOW AT THIS LINK:
viewtopic.php?f=1&t=315263

Thanks for the advice and suggestions on the muni funds -- the full portfolio post is now up at the above link!

tamara
by bfeenix44
Mon May 18, 2020 2:51 pm
Forum: Personal Investments
Topic: Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s
Replies: 47
Views: 3122

Requesting advice: Ed Jones (taxable) to Vanguard for folks in mid-90s

CURRENT SITUATION : My folks are in their mid-90s, and I am now responsible for their physical and financial affairs. They are still in their own home, and I live with them currently as my dad has severe hearing and vision loss, a permanent catheter, and is quite frail. Between mom and I and Home H...
by bfeenix44
Mon May 18, 2020 2:21 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

MUNI BOND DETAILS : % = percent of total portfolio 0.55% CUSIP: 83703FEM0 Bond Rating: AA/WD South Carolina Jobs Econ Dev Hosp Rev Rfdg Palmetto Hlth 0.27% CUSIP: 880461BF4 Bond Rating: AA+/Aa1 Tennessee Housing Dev Agency Residential Fin Prog Revenue B 1.04% CUSIP: 46257TDT3 Bond Rating: AA/Aa2 Io...
by bfeenix44
Sun May 17, 2020 8:35 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

I agree that credit quality is key. i think one of the lessons of the last financial crisis was to treat ratings with some skepticism. While credit ratings themselves are not beyond reproach, the facts don't seem to support the view that the last financial crisis has taught us to treat them with gr...
by bfeenix44
Sun May 17, 2020 8:32 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

Yes, I would be concerned. Exactly how concerned would depend on the credit rating and state. Very concerned. I have friends that held individual bonds in the financial crisis of 2007/8 and experienced defaults and bankruptcies. Your bonds are your "safe" money and credit quality is extre...
by bfeenix44
Sun May 17, 2020 12:04 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

The risk of an individual municipal bond is largely determined by the revenue source used to pay the interest on the bond. Some municipal bonds are considered "general obligation" bonds and can be funded with any money the issuer has available. Other bonds are strictly tied to a water dis...
by bfeenix44
Sun May 17, 2020 11:43 am
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

ORIGINAL POST EDITED 5/17/20: To include muni bond details and intent w/ regard to moving from Ed Jones. Thanks for advice -- much appreciated! I have already moved my own portfolio from Ed Jones to Vanguard. I'm currently in process of putting together my folks' full portfolio post to put up on the...
by bfeenix44
Sat May 16, 2020 11:42 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

Thanks so much for your responses. I will post more info soon...I'm working on a full portfolio post, where the Muni bond info will be included.

I clipped the tip of my finger off recently in a pruning accident, so typing is waaaayyyy slow right now...please bear with me!

tamara
by bfeenix44
Wed Apr 29, 2020 5:04 pm
Forum: Personal Consumer Issues
Topic: Highlander or RAV4
Replies: 57
Views: 3488

Re: Highlander or RAV4

I drove the first Highlander for 11 years, and have had a RAV now for 6. My opinions, therefore, are on older versions. If I recall, the main reasons I chose a HLander first was because I had 2 dogs and was doing a home remodel, and the cargo room of HLander was much larger than Rav at that time. I ...
by bfeenix44
Mon Apr 27, 2020 3:42 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Re: Municipal bonds - concerns?

I'm more concerned about the "Ed Jones portfolio" part. :shock:

Regards,
I'm concerned about this, too, but I may have to pick my battles one at a time with him. I'm going to do a more in depth post with regard to the portfolio in total, but I'm not quite there yet.
by bfeenix44
Mon Apr 27, 2020 1:14 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2680

Municipal bonds - concerns?

FOLKS' FULL PROFILE POST NOW AT THIS LINK: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=315263 ORIGINAL POST EDITED 5/17/20: To include muni bond details and intent w/ regard to moving from Ed Jones. EDITED 5/18/20: to include tax bracket, and link to full profile My father has several i...
by bfeenix44
Thu Apr 16, 2020 2:29 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1243
Views: 133999

Re: Locked-in With Capital-Gains

Bogleheads: It is important to understand that many older investors in taxable accounts have large capital-gains that will be triggered if they exchange to a preferred investment. Older investors must also consider the fact that the tax on their capital-gains will be eliminated at death. Many of us...
by bfeenix44
Tue Apr 14, 2020 2:22 pm
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

Re: New to Linux Ubuntu

Looks like "Simple Scan" is going to work now -- thanks, everyone!
Also will be checking out the links you guys provided!

tamara
by bfeenix44
Tue Apr 14, 2020 2:19 pm
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

Re: New to Linux Ubuntu

Printer-wise, HP and brother are well supported on linux; canon, not so much. With all the money you're going to be saving buying old systems on eBay and getting them up to linux speed, treat yourself to a new B&W laser Brother multifunction for not much more than $100. Bill Thanks, Bill... Goo...
by bfeenix44
Tue Apr 14, 2020 2:15 pm
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

Re: New to Linux Ubuntu

ballons wrote: Tue Apr 14, 2020 12:25 pm You are likely printing in high-quality and/or in color. Switch to black and draft quality to speed it up.
Thanks, ballons... I probably wasn't thinking about that... I'll look into it

tamara
by bfeenix44
Tue Apr 14, 2020 2:13 pm
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

Re: New to Linux Ubuntu

What is your motivation for using Linux as your desktop? As someone whose entire career was spent with UNIX and Linux, now I use win10 for my normal tasks. You have to have some reason you're signing up for this battle. In my career, I did. Not now. Sure, I still run a little Linux server, often ma...
by bfeenix44
Tue Apr 14, 2020 2:05 pm
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

Re: New to Linux Ubuntu

fwellimort wrote: Tue Apr 14, 2020 2:32 am That said, if you want to get used to Ubuntu, you will have to get comfortable with using the terminal.
fwellimort:
The link you mention is one I'd bookmarked, so I will look at that again. The terminal is definitely something new for me, so appreciate your detail...

tamara
by bfeenix44
Tue Apr 14, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

Re: New to Linux Ubuntu

Thanks to everyone for responses, and I will definitely try a few of the suggestions! It's helpful for me to see differing opinions / suggestions from experienced people as I'm a minimalist computer user -- meaning what I use, I use a lot, but I don't use a lot... if that makes sense. Most of what I...
by bfeenix44
Tue Apr 14, 2020 1:45 am
Forum: Personal Consumer Issues
Topic: New to Linux Ubuntu
Replies: 29
Views: 1565

New to Linux Ubuntu

Not much of a techie, but pretty proud of myself for getting through a recent install of Ubuntu. Now sort of stumbling around online looking for good resources to troubleshoot miscellaneous things. For instance, I have a 2014 Canon PIXMA MX472 (printer, copier, fax, scanner), and I can print OK, but...
by bfeenix44
Sun Apr 05, 2020 12:20 pm
Forum: Investing - Theory, News & General
Topic: Your Investment Adviser’s Dirty Secret
Replies: 77
Views: 10191

Re: Your Investment Adviser’s Dirty Secret

Rick Ferri wrote: Sun Apr 05, 2020 10:04 am Sometimes I write stuff I shouldn’t because it makes a few people upset. This might be one of those articles:

Your Investment Adviser’s Dirty Secret

Rick Ferri
It sure didn't upset me, Rick. :P
by bfeenix44
Tue Mar 31, 2020 7:59 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1243
Views: 133999

Re: Jack Bogle - Two Fund Portfolio

Now we simply have a very effective Total Stock and Intermediate Tax Exempt. You can't get more tax friendly than that! Going forward with Jack's Two Fund, I don't need the best return. I only need a good enough return to allow us to retire one day. Thanks for the update... I'm a newbie 2-Funder an...
by bfeenix44
Sun Mar 22, 2020 2:09 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 12257

Re: If you could only listen to one podcast...

No way I can pick just one!

Livin' La Vida Low Carb (especially episodes featuring medical doctors from various branches of medicine talking about low-carb and fasting)

This American Life
Serial

I just started the Bogleheads podcast, so also appreciate this thread for all the suggestions...
by bfeenix44
Sat Mar 21, 2020 11:38 am
Forum: Personal Investments
Topic: wash sale? selling Ed Jones to Vanguard
Replies: 3
Views: 177

Re: wash sale? selling Ed Jones to Vanguard

thanks for the responses...Bogleheads have fast customer service! :wink:
by bfeenix44
Sat Mar 21, 2020 11:11 am
Forum: Personal Investments
Topic: wash sale? selling Ed Jones to Vanguard
Replies: 3
Views: 177

wash sale? selling Ed Jones to Vanguard

I've sold 2 Ed Jones funds, and want to buy Vanguard Total Stock.
I'm struggling to understand the whole wash sale thing... am I OK with this?

SELLING ED JONES
ABALX - American Balanced CL A
AMECX - Income Fund of America CL A

BUYING VANGUARD
VTSAX - Total Stock Market Index

thanks
Tamara
by bfeenix44
Wed Mar 18, 2020 8:38 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 519
Views: 48132

Re: The Calm Post - Stay the course thread.

This evening I sold both my Ed Jones mutual funds and when the cash comes through it's going into Total Stock. I'm just a Baby Boglehead, but not gonna let no "steenkeen" virus break me just when I'm gettin' started!! :annoyed
by bfeenix44
Wed Mar 18, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1243
Views: 133999

Re: Jack Bogle - Two Fund Portfolio

This evening I sold both my Ed Jones mutual funds and when the cash comes through it's going into Total Stock. I'm just a Baby Boglehead, but not gonna let no "steenkeen" virus break me just when I'm gettin' started!!
:annoyed
by bfeenix44
Sat Mar 14, 2020 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Google sheets vs Excel; end of life Office 2010
Replies: 37
Views: 2439

Re: Google sheets vs Excel; end of life Office 2010

I like Google Sheets.
There's also Open Office, quite good.
Experimenting with moving away from Windows and MS Office for good with Linux Umbutu / Libre.
by bfeenix44
Sat Mar 14, 2020 9:42 am
Forum: Forum Issues and Administration
Topic: SQL errors
Replies: 13
Views: 1607

SQL Error

[Thread merged into here, see below. --admin LadyGeek] Receiving this on several attempts to read posts this morning: General Error SQL ERROR [ postgres ] Errno 2: pg_connect(): Unable to connect to PostgreSQL server: FATAL: out of memory DETAIL: Failed on request of size 720. at [ROOT]/phpbb/db/dr...
by bfeenix44
Fri Mar 13, 2020 8:39 am
Forum: Personal Investments
Topic: Capital loss in low tax bracket
Replies: 2
Views: 188

Capital loss in low tax bracket

I just moved my Ed Jones account over to Vanguard and am waiting for the transfer to come through. Would like to sell and put into index funds. I'm in a low tax bracket currently so gains/losses/harvesting don't really apply to my situation (still learning about this), but just wondering if loss I w...
by bfeenix44
Thu Mar 12, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 3013
Views: 1926572

Re: The Three-Fund Portfolio

Today the Total Stock Market fell into a bear market (-20% from its top). I think you should probably "shift" TSM losing contributions into S&P 500 funds to benefit from the decline (tax loss harvesting). It is what I did in an earlier bear market. I'm now stuck with the S&P 500 I...
by bfeenix44
Sun Mar 08, 2020 2:37 pm
Forum: Personal Investments
Topic: Move Ed Jones to Vanguard, best way?
Replies: 10
Views: 916

Re: Move Ed Jones to Vanguard, best way?

I invested $10K each in 2 funds at the time, so maybe that was a breakpoint, but I always thought BP's were higher than that.

tamara
by bfeenix44
Sun Mar 08, 2020 1:41 pm
Forum: Personal Investments
Topic: Move Ed Jones to Vanguard, best way?
Replies: 10
Views: 916

Re: Ed Jones, why no fees/charges on statement?

Thank you all for the advice -- appreciate it! Just curious, I've been looking through my old statements and the section labeled "Value Summary" (which EdJ says details fees and charges) never shows anything taken out. When I read through fund info, I see this info... ABALX - American Bala...
by bfeenix44
Sat Mar 07, 2020 12:00 pm
Forum: Personal Investments
Topic: Move Ed Jones to Vanguard, best way?
Replies: 10
Views: 916

Move Ed Jones to Vanguard, best way?

EMERGENCY FUNDS: Yes DEBT: None TAX FILING STATUS / BRACKET: Single (no children); 10% RESIDENCE STATE: Iowa AGE: 58 EMPLOYMENT: part-time; also caretaker, POA and estate planner for my 96-year-old parents. DESIRED AA: 70 / 30 CURRENT PORTFOLIO: Total in low six figures. VANGUARD (taxable): 70% VTSA...
by bfeenix44
Sat Feb 29, 2020 4:33 pm
Forum: Personal Investments
Topic: Elderly parents with Edward Jones
Replies: 11
Views: 1034

Re: Elderly parents with Edward Jones

Thanks all for the feedback -- appreciate it Here's one more example of EJ putting people in munis wether it makes financial sense or not. presumably your parents are not paying 30%+ marginal taxes. Folks are in 12% tax bracket. If parents are elderly, are done contributing, have taxable gains, trus...
by bfeenix44
Sat Feb 29, 2020 1:23 pm
Forum: Personal Investments
Topic: Elderly parents with Edward Jones
Replies: 11
Views: 1034

Elderly parents with Edward Jones

I'm researching my elderly folks' Ed Jones account (mix of individual stocks, municipal bonds, and mutual funds), approx $800K. Is there a place I can see the details of what EdJ is charging so I can show and explain this to folks?

Thanks
Tamara
by bfeenix44
Tue Feb 25, 2020 6:15 pm
Forum: Forum Issues and Administration
Topic: Need to subscribe to Personal Posts?
Replies: 1
Views: 523

Need to subscribe to Personal Posts?

I believe I understand Bookmarks vs Subscriptions, and I use Subscriptions (only) with "Notifications" turned on, and "Emails" turned off.

My question is, if I do not Subscribe to my own posts, do I receive notifications if someone responds to them?

Thanks
Tamara
by bfeenix44
Wed Feb 12, 2020 11:13 pm
Forum: Personal Investments
Topic: Rebalancing and "settlement account"
Replies: 3
Views: 510

Rebalancing and "settlement account"

DO NOT use the funds' automatic dividend reinvestment option in your taxable account. Use fund/ETF dividend income from the funds/ETFs just as you would new savings: to rebalance, i.e., to put into the fund(s) that are lagging per your AA. Over time your funds will grow out of sync. You can always ...
by bfeenix44
Wed Feb 12, 2020 12:46 am
Forum: Personal Investments
Topic: allocation and bond fund choice at age 58
Replies: 14
Views: 1408

Re: allocation and bond fund choice at age 58

I'd caution against that 50/50 Asset Allocation. The 50/50 might be right for you, but is it prudent for the money you are soon to be guiding for your parents? Are you thinking 50/50 for all the assets - yours and the EJ transfer? Or will these be managed separately? Your parents are 96. Life expec...
by bfeenix44
Tue Feb 11, 2020 3:43 pm
Forum: Personal Investments
Topic: allocation and bond fund choice at age 58
Replies: 14
Views: 1408

Re: allocation and bond fund choice at age 58

I also use Int-Term Treasury Index for a good chunk of our bonds.
Would you advise use of this fund as opposed to I-Bonds? Or do some of both?
by bfeenix44
Tue Feb 11, 2020 3:39 pm
Forum: Personal Investments
Topic: allocation and bond fund choice at age 58
Replies: 14
Views: 1408

Re: allocation and bond fund choice at age 58

Also, thanks to everyone for responses!
Appreciate you!
Tamara
by bfeenix44
Tue Feb 11, 2020 3:24 pm
Forum: Personal Investments
Topic: allocation and bond fund choice at age 58
Replies: 14
Views: 1408

Re: allocation and bond fund choice at age 58

Sorry to ask this. Is the money from your parents your inheritance or are you managing it for them?
I am POA, caretaker and estate planner for my 96-year-old parents.
by bfeenix44
Tue Feb 11, 2020 12:28 pm
Forum: Personal Investments
Topic: allocation and bond fund choice at age 58
Replies: 14
Views: 1408

allocation and bond fund choice at age 58

PROFILE: Emergency funds: Yes Debt: None Tax Filing Status: Single (no children) Tax Rate: FED = 10% State of Residence: Iowa Age: 58 EMPLOYMENT: I do work part-time (No IRAs, company plans or pensions available to me), and am POA, caretaker and estate planner for my 96-year-old parents. DESIRED ASS...
by bfeenix44
Fri Feb 07, 2020 4:21 pm
Forum: Personal Investments
Topic: [Three-fund portfolio in taxable account (New York City)]
Replies: 19
Views: 3550

Re: [Three-fund portfolio in taxable account (New York City)]

Jack FFR1846 wrote: Sun May 13, 2018 6:39 am it was mentioned that a rebalance is 10 minutes a year, I think it's more like 15. I do tend to go make a cup of coffee in the middle of rebalancing, so maybe that's why I take so long.
...this cracked me up :D
by bfeenix44
Thu Feb 06, 2020 7:36 pm
Forum: Personal Investments
Topic: starting 3-Fund at 58 (edited 2/5/20)
Replies: 10
Views: 1767

Re: starting 3-Fund at 58 (edited 2/5/20)

Thanks, ExitStageLeft --
I'm gradually reading through the long "3-Fund Portfolio" thread -- such good information, but sometimes it's hard to tell what information applies to my situation. You filled in one of the gaps for me :D
by bfeenix44
Thu Feb 06, 2020 5:37 pm
Forum: Personal Investments
Topic: starting 3-Fund at 58 (edited 2/5/20)
Replies: 10
Views: 1767

Re: starting 3-Fund at 58 (edited 2/5/20)

Am new to the Forum so hoping I'm using it right...just wondering if anyone has feedback on my 2 questions above?

Thanks!
Tamara
by bfeenix44
Wed Feb 05, 2020 1:06 pm
Forum: Personal Investments
Topic: starting 3-Fund at 58 (edited 2/5/20)
Replies: 10
Views: 1767

Re: starting 3-Fund at 58 (edited 2/5/19)

Appreciate the feedback so far -- thanks! I've edited my original post to be a bit clearer with my new understanding -- thanks in advance for any additional feedback. QUESTION If I max out the Roth, but still have some bond allocation to use, this is what I understand - does this look OK for a start...
by bfeenix44
Mon Feb 03, 2020 2:52 pm
Forum: Personal Investments
Topic: starting 3-Fund at 58 (edited 2/5/20)
Replies: 10
Views: 1767

starting 3-Fund at 58 (edited 2/5/20)

LAST EDITED: 2/6/20 EMERGENCY FUNDS: Yes DEBT: None TAX FILING STATUE: Single (no children) TAX RATE: FED 10% STATE not sure Tax bracket will probably be a bit higher when I retire since I'm @ 10% now. STATE OF RESIDENCE: Iowa AGE: 58 DESIRED ASSET ALLOCATION: Stocks / Bonds = 42% / 58% (my age in b...
by bfeenix44
Thu Jan 30, 2020 8:04 pm
Forum: Personal Investments
Topic: Inheritance / splitting account question (intend to leave Ed Jones)
Replies: 13
Views: 1509

Re: Inheritance / splitting account question (intend to leave Ed Jones)

Just wanted to say thanks to all who responded to my question -- I'm drinking from a firehose with reading and podcast currently -- great forum!