Search found 76 matches

by Kintora
Tue May 26, 2020 10:34 pm
Forum: Personal Investments
Topic: Tax-Exempt Bonds for Lower Tax Brackets
Replies: 21
Views: 1887

Re: Tax-Exempt Bonds for Lower Tax Brackets

hudson wrote: Tue May 26, 2020 10:10 pm VWITX is daily accrual so thats a big plus if need to tax loss harvest.

VTEAX and its ETF pair are not.

I’ll take another look on Wed.
Thanks for pointing this out, and I am reading more about this and the 6-month rule, etc.
by Kintora
Tue May 26, 2020 10:00 pm
Forum: Personal Investments
Topic: Tax-Exempt Bonds for Lower Tax Brackets
Replies: 21
Views: 1887

Re: Tax-Exempt Bonds for Lower Tax Brackets

One last question on this before I pull the trigger on exchanging my Total Bond Market (VBTLX) for tax-exempt muni bonds in my taxable account. For the tax-exempt muni bonds, I am looking at Intermediate-Term Tax-Exempt (VWITX/VWIUX) versus Tax-Exempt Bond Index Fund (VTEAX) . I am looking at around...
by Kintora
Mon May 11, 2020 7:41 pm
Forum: Personal Investments
Topic: Tax-Exempt Bonds for Lower Tax Brackets
Replies: 21
Views: 1887

Re: Tax-Exempt Bonds for Lower Tax Brackets

Kintora, When I'm trying to decide, I don't use percentage; I use dollars and try to estimate the amount each fund will payout per year. I look at the VWITX..Vang. Intermed Muni's Distribution tab and try to project say the next year. Last May 1st, VWIUX was paying 2.71%; now it's paying 2.48%. My ...
by Kintora
Sun May 10, 2020 11:40 pm
Forum: Personal Investments
Topic: Tax-Exempt Bonds for Lower Tax Brackets
Replies: 21
Views: 1887

Re: Tax-Exempt Bonds for Lower Tax Brackets

Everything I have read on this forum suggests that, generally speaking, muni funds are not worth it in taxable unless you are in a higher tax bracket. (e.g., 32%+) Intermediate munis can work in the 22% tax bracket. Do the math. Compare the after tax payout for total bond and Vang. Intermed Muni. U...
by Kintora
Sun May 10, 2020 7:04 pm
Forum: Personal Investments
Topic: Tax-Exempt Bonds for Lower Tax Brackets
Replies: 21
Views: 1887

Tax-Exempt Bonds for Lower Tax Brackets

I have no more room in tax advantaged accounts for bonds, so I need to hold some in my taxable account to meet my desired AA. My tax bracket is 22%. I currently hold Total Bond Market (VBTLX) in taxable, but thinking about switching my bond holdings there to Intermediate-Term Tax-Exempt (VWITX). Eve...
by Kintora
Fri Mar 27, 2020 12:17 pm
Forum: Personal Investments
Topic: How can I sell this CD on Vanguard?
Replies: 3
Views: 279

Re: How can I sell this CD on Vanguard?

Thank you both for your replies.

I called Vanguard and they got me over to a fixed income specialist who is handling the sale for me since the website has the limitation of quantity minimum of 10. :sharebeer
by Kintora
Fri Mar 27, 2020 11:18 am
Forum: Personal Investments
Topic: How can I sell this CD on Vanguard?
Replies: 3
Views: 279

How can I sell this CD on Vanguard?

Hello all. Hope everyone is doing well. I am trying to sell a CD on Vanguard that transferred over from Edward Jones. I have a quantity of 8 ($8,000) but when I go to sell, it says the minimum quantity is 10 (face value $10,000). Any idea how I can sell this? Please let me know if you need more deta...
by Kintora
Mon Feb 10, 2020 12:33 pm
Forum: Investing - Theory, News & General
Topic: A Boglehead's Edward Jones Question
Replies: 46
Views: 4712

Re: A Boglehead's Edward Jones Question

EJ's "Guided Solutions" is their answer for those who want to be more self-directed, so yes it's possible. But I don't see why then you'd do that, as the fees are still very high, just not quite as high as the traditional, full advisory "service." My Guided Solutions accounts we...
by Kintora
Mon Feb 10, 2020 11:39 am
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 209
Views: 22691

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Relatively new HSA account here created in January. Fractional ETF share purchases are now possible for me on the iOS and Android apps, but not on the website. Purchased fractional of BND. It did give me the message that it had to be done during market open hours. Very nice feature!
by Kintora
Sun Feb 02, 2020 10:10 pm
Forum: Investing - Theory, News & General
Topic: Redeployment Today Despite China and Virus Noise
Replies: 5
Views: 621

Re: Redeployment Today Despite China and Virus Noise

Yes. Also, fwiw if the market is going to drop tomorrow, and you are buying mutual funds, you'll get the benefit of any market movement since you'll be getting the price at the end of the day Monday. In practice though, even a big one day swing or a correction looks like a lot of nothing compared t...
by Kintora
Sun Feb 02, 2020 10:06 pm
Forum: Investing - Theory, News & General
Topic: Redeployment Today Despite China and Virus Noise
Replies: 5
Views: 621

Re: Redeployment Today Despite China and Virus Noise

If you submit a purchase order for those mutual funds right now, it won't be processed until after the markets close on Monday, using the Monday closing price. Waiting until Tuesday doesn't make any sense given what you've said. Then you'd get the Tuesday price. But you said you want the Monday pri...
by Kintora
Sun Feb 02, 2020 9:53 pm
Forum: Investing - Theory, News & General
Topic: Redeployment Today Despite China and Virus Noise
Replies: 5
Views: 621

Redeployment Today Despite China and Virus Noise

Recently moved accounts and sold several funds on Thursday and Friday morning. Sitting on significant cash I want to redeploy to VTSAX and VTIAX (TSM and TISM). I considered holding off until Tuesday to buy back in to stocks via those indexes presuming likely drops again on Monday, but my brain tell...
by Kintora
Sun Feb 02, 2020 12:43 am
Forum: Personal Investments
Topic: Asset Allocation 10 Years Out to Retirement at 55
Replies: 5
Views: 761

Re: Asset Allocation 10 Years Out to Retirement at 55

It seems well thought out to me and the asset allocations seem reasonable. My only concern is that, if you live to 95, 40 years retirement is a long time and 30 k per year is not a lot of money. Your backup plan for a low stress job helps. The big bugaboo, however, is healthcare expenses, especiall...
by Kintora
Sun Feb 02, 2020 12:36 am
Forum: Personal Investments
Topic: Asset Allocation 10 Years Out to Retirement at 55
Replies: 5
Views: 761

Re: Asset Allocation 10 Years Out to Retirement at 55

The plan you've outlined in your post seems reasonable. If you can stick to a 3% withdrawal rate, you'll be in fine shape. Can we presume you're using the Three-Fund Portfolio? If not, you may be putting your $1 million goal in jeopardy. Regards, Thank you for your reply. I am using three funds. To...
by Kintora
Sun Feb 02, 2020 12:33 am
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Quick update. Vanguard assigned someone to my transfer, and they have been very helpful. It was nice having a primary single point of contact in addition to others that I worked with over the phone. A couple things which may help others trying to escape Edward Jones. The whole process of transferrin...
by Kintora
Sun Feb 02, 2020 12:14 am
Forum: Personal Investments
Topic: Asset Allocation 10 Years Out to Retirement at 55
Replies: 5
Views: 761

Asset Allocation 10 Years Out to Retirement at 55

Hoping some of you can please give me feedback to make sure my plan is sound or if it needs tweaking. I am currently 45 and hope to retire early somewhere around 55. I currently have about $500k in my portfolio and hope to have around $1 million or more when I retire. My SWR could be 3% or so, as $3...
by Kintora
Wed Jan 15, 2020 12:41 am
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Congratulations. I just read this thread for the first time. Just a few comments. -Look at how using a traditional 401k this year might keep your taxes down while you sell your investments. -The tax drag from bonds in taxable is not as big of a concern right now because interest rates are low. Fill...
by Kintora
Tue Jan 14, 2020 11:56 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Pulled the trigger today on contacting Vanguard, opened an account, and started the process of getting things transferred. I will be on the phone with them more tomorrow to continue transfer work, but the ball is rolling. Farewell letter will be sent to EJ tomorrow morning with appropriate instructi...
by Kintora
Mon Jan 13, 2020 5:50 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

As you will be growing your 401k it shouldn't be too much of a dilemma. Go ahead and put bonds in the Roth IRA for now, but with a plan to move those over to your tax-deferred 401k in the future. Thanks for the advice. The 401k I am currently about to start contributing to at around $19,000/year is...
by Kintora
Mon Jan 13, 2020 5:39 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Kintora, Welcome to the Forum! I must say that I am very impressed with your first post on the Forum. You seem to clearly understand the situation, and you have a good handle on how to move forward. I really have no suggestions for improvement. I agree with others that you shouldn’t meet with EJ gu...
by Kintora
Mon Jan 13, 2020 5:17 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

You can move a variable annuity through a tax-free transfer known as a 1035 exchange. Switching to a company with lower annuity costs can lead to substantial savings. Before you transfer, check with your current company about surrender charges you may have to pay. Which I believe you are already aw...
by Kintora
Mon Jan 13, 2020 4:51 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

As you will be growing your 401k it shouldn't be too much of a dilemma. Go ahead and put bonds in the Roth IRA for now, but with a plan to move those over to your tax-deferred 401k in the future. Thanks for the advice. The 401k I am currently about to start contributing to at around $19,000/year is...
by Kintora
Mon Jan 13, 2020 4:28 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Welcome. Hello from one ND, 40 something, former Edward Jones escapee to another. :beer You will have to liquidate Advisory Solutions funds. They are not transferable. I had the same thing. I did transfer "in kind" some taxable funds. But everything in Rollover IRAs and Roth IRAs was liqu...
by Kintora
Mon Jan 13, 2020 4:16 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Emergency Funds: Approximately one year living expenses in checking. As I get financially organized, I will reduce this to six months living expenses and relocate most of it out of checking to something that gives me at least 1 or 2% interest. Trad IRA and Roth IRA: I'm thinking this might be a dec...
by Kintora
Mon Jan 13, 2020 4:04 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Re: Edward Jones to Vanguard Sanity Check Please

Kintora, I think you have a very good handle on what must be done. 1. For the IRAs, Vanguard should be able to tell you whether is cheaper to liquidate them at Ed Jones or Vanguard. If there aren't a lot of funds I would just move the ones that can be moved and liquidate them at Vanguard. Vanguard ...
by Kintora
Sun Jan 12, 2020 9:21 pm
Forum: Personal Investments
Topic: Edward Jones to Vanguard Sanity Check Please
Replies: 28
Views: 3002

Edward Jones to Vanguard Sanity Check Please

Hello, this is my first post on this forum, so please gently correct me if I am doing anything incorrectly :) I received an inheritance from my Grandma about 9 years ago and have been receiving it over a 10 year period with the final payment to be received this coming August 2020. I had no clue abou...