Search found 527 matches

by JaneyLH
Mon Jul 21, 2014 7:09 pm
Forum: Personal Investments
Topic: Some Basic Asset Allocation Advice Please
Replies: 27
Views: 4117

Re: Some Basic Asset Allocation Advice Please

I'm in the midst of converting a very complex managed portfolio to a much more passive Vanguard portfolio. I'm using the services of Vanguard's free (for those with more than $500k invested) financial financial plan and here is what was suggested for the bond component of my portfolio: Vanguard Tota...
by JaneyLH
Mon May 12, 2014 1:51 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

An update on my transition to Vanguard... I finally got the package of transfer forms. Actually, each was in a bound book with a lot of the information pre-filled by my Vanguard Concierge. There were 6 of these, one for each account held by myself and my husband. I had a question as he had previousl...
by JaneyLH
Tue Apr 22, 2014 1:33 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Learning more about taxes would be a good thing. You don't need to be an expert, but a little general knowledge helps a lot. Taxes for Dummies is a place to start. Totally agree. It seems to me this will be the most complicated part of managing our finances going forward. I planned to get some cons...
by JaneyLH
Mon Apr 21, 2014 9:49 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

I had my first call with a financial advisor at Vanguard today. He mostly listened and the feedback he gave seemed pretty textbook. I tried to fill him in on the details that set our situation apart from others. He listened, but didn't have much real advice at this stage. The bottom line was, I was ...
by JaneyLH
Thu Apr 17, 2014 2:12 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Another report on my progress transitioning to Vanguard. I had my second phone call with my "Concierge" after he had a chance to review my current portfolio statements. All but two funds can be transferred in kind, and there are a couple of other small issues that might require me to do so...
by JaneyLH
Thu Apr 10, 2014 5:20 pm
Forum: Personal Investments
Topic: Starting New Investment Program
Replies: 11
Views: 972

Re: Starting New Investment Program

If you believe the market is high and will probably go lower, and you can't bear to see your portfolio balance go down... you could dollar cost average into a total stock market index fund. If it goes up, you'll have a gain. If it goes down, you'll have more money to put in! :D
by JaneyLH
Thu Apr 10, 2014 2:44 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

My DW is a retired federal employee under the old plan, this is our second marriage, and we both transferred all of our investments to Vanguard from a financial advisor. We keep our money/accounts separate, etc. Sound familiar? You are in good hands, have received tremendous advice, and I can only ...
by JaneyLH
Thu Apr 10, 2014 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: B&M Bank: BoA or Wells Fargo?
Replies: 25
Views: 2651

Re: B&M Bank: BoA or Wells Fargo?

I opened my first Bank of America account when I was a child in 1966, and banked with them continuously through my life. I even worked for B of A (not in a branch, in an IT position) for several years. In 2000 I moved from one state to another and bought a new home for cash. B of A had branches in b...
by JaneyLH
Thu Apr 10, 2014 12:44 pm
Forum: Personal Investments
Topic: advisor advice?
Replies: 25
Views: 2302

Re: advisor advice?

I have been on this journey for about 6 months. I've read the "Bogleheads Guide to Investing" and "The Investor's Manifesto". I've lurked on this forum and have been coming to grips with the idea of taking over my investments and getting my investment-related fees down to rock b...
by JaneyLH
Thu Apr 10, 2014 12:36 pm
Forum: Personal Investments
Topic: advisor advice?
Replies: 25
Views: 2302

Re: advisor advice?

Randy, you might want to read about my current experiences in transferring a portfolio to Vanguard in this same forum: http://www.bogleheads.org/forum/viewtop ... 1&t=136750 I just posted an account of my first call to Vanguard and their immediate followup.
by JaneyLH
Thu Apr 10, 2014 11:56 am
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

I've had an initial call with Vanguard and have started the ball rolling! They will go through my accounts and let me know if there's anything that can't be transferred in kind. :D Congratulations, you are on your way! We would love to read what Vanguard recommends for you. This group is always int...
by JaneyLH
Wed Apr 09, 2014 6:30 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

I was hoping to transition to a broadly diversified portfolio using just a few index funds to capture the desired U.S. stock/international stock/bond mix, not try to clone a complete copy of the current allocations. Is this a mistake? If you do it all at once and you really know what you want, then...
by JaneyLH
Wed Apr 09, 2014 6:20 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

From a strategy point of view I would prefer to liquidate everything and get into a simple 3 index fund portfolio. So, you decided you don't want to keep the Wellington and the Tax Managed Balanced Fund after all? No, haven't decided yet, but made some excellent points about why it would make sense...
by JaneyLH
Wed Apr 09, 2014 4:42 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

From a strategy point of view I would prefer to liquidate everything and get into a simple 3 index fund portfolio. So, you decided you don't want to keep the Wellington and the Tax Managed Balanced Fund after all? No, haven't decided yet, but made some excellent points about why it would make sense...
by JaneyLH
Wed Apr 09, 2014 1:03 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

We have $280,000 of losses carrying forward, so converting the entire taxable portfolio is possible (total unrealized capital gain $274,000). However, I might want to keep the 2 Vanguard funds already in the portfolio, Wellington and Tax-Managed Balanced with an unrealized capital gain of about $11...
by JaneyLH
Wed Apr 09, 2014 12:55 pm
Forum: Personal Investments
Topic: advisor advice?
Replies: 25
Views: 2302

Re: advisor advice?

I have been on this journey for about 6 months. I've read the "Bogleheads Guide to Investing" and "The Investor's Manifesto". I've lurked on this forum and have been coming to grips with the idea of taking over my investments and getting my investment-related fees down to rock bo...
by JaneyLH
Tue Apr 08, 2014 9:06 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Again, it all turns around what you can and will do with the taxable accounts. Yours is huge so you may (or may not) have a big problem to "fix". His is not very big so his "problem" will be small either way. Having separate money means that you need different (but perhaps simil...
by JaneyLH
Tue Apr 08, 2014 2:36 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

...two large existing Vanguard funds in my IRA , Wellington and Tax-Managed balanced, as there is an unrealized capital gain of about $110,000 over those two accounts... CG is, by and large, irrelevant in an IRA, you don't happen to mean a taxable account? Faith So sorry, those Vanguard funds are i...
by JaneyLH
Tue Apr 08, 2014 1:13 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

My (possibly inaccurate) count is that you have 88 separate holdings spread through those accounts. Don't take this as exact advice (especially because of the capital gains implications of unwinding your current taxable holdings), but your goal should be to have something (nearly) this simple. Assu...
by JaneyLH
Tue Apr 08, 2014 12:30 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

To get a survivor's benefit, we would have had to accept a far lower pension amount. Since hubby's parents are long-lived, he's a little younger than me, and he's very healthy, we elected a $100/month survivor benefit for me as we had to have something in order to assure I retain Federal employee m...
by JaneyLH
Mon Apr 07, 2014 11:35 am
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

I think you have to ask yourself if you are more of a quit cold turkey kind of person or a nicorette kind of person. If you want to do this in baby steps you can. The basic idea is go for the low-hanging fruit first. Step 1 would be to get rid of the 1.25% management fee by transferring "in ki...
by JaneyLH
Mon Apr 07, 2014 11:23 am
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Our riskiest scenario is if he dies before me leaving me with just SS and not his pension, so I will definitely wait until I'm 70 so I can maximize this. Ordinarily, the spouse has a survivor's benefit on the pension. Is there a reason you think the pension would simply disappear? Either way, I don...
by JaneyLH
Sun Apr 06, 2014 11:38 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Do you have work-based health insurance? That seems to be the biggest unknown. Do one or both of you have SS coming? We both have lifetime coverage through hubby's federal plan at employee rates, very reasonable. He isn't eligible for SS, but I am. Our riskiest scenario is if he dies before me leav...
by JaneyLH
Sun Apr 06, 2014 11:31 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Are you emotionally ready to see your $2.65 million drop to $1.72 million or less in a good crash? You do have the ability to be aggressive, but there is no need to be aggressive. Unless you simply will not care at all if your value drops that much, I would reconsider this ratio. It would make sens...
by JaneyLH
Sun Apr 06, 2014 11:17 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Re: Advice Needed on Transitioning to DIY Passive Portfolio

Thank you all for your quick and thoughtful responses. I really didn't want to overwhelm with details, but tried to completely fill out the template given by the forum completely. This is SO HELPFUL! I feel like I already have a week's worth of homework, but that is what I need. My husband is also g...
by JaneyLH
Sun Apr 06, 2014 2:30 pm
Forum: Personal Investments
Topic: Advice Needed on Transitioning to DIY Passive Portfolio
Replies: 59
Views: 9333

Advice Needed on Transitioning to DIY Passive Portfolio

I apologize in advance for the length of this post. One of the issues is the complexity of this existing investment portfolio! My husband retired 3 years ago from the federal government, and I retired last month (although have been working only part-time from home for the past 15 years). Portfolio v...
by JaneyLH
Sat Apr 05, 2014 12:55 pm
Forum: Personal Investments
Topic: Why pay off your house?
Replies: 119
Views: 12194

Re: Why pay off your house?

I always had the goal of paying off my mortgage, and finally achieved it in 2000. I lost my Silicon Valley tech job in 2001 and was only able to work part-time doing contracting work thereafter. Not having a mortgage was an incredible benefit to surviving the loss of predictable income. I was lucky ...