Search found 3745 matches

by Lafder
Sat Feb 17, 2018 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Are we TOO diversified? Time to hire a professional? Who has?
Replies: 14
Views: 2033

Re: Are we TOO diversified? Time to hire a professional? Who has?

Can you and your spouse roll your IRAs into your 401k's? That would allow you both to do back door Roths every year. That 10k a year will add up over time. And the max raises at age 50, as your 401k max does too. Double check if your 401k's allow post tax contributions. If yes, any opportunity for a...
by Lafder
Sat Feb 17, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Really need an advice: sell the house or rent it out
Replies: 40
Views: 2609

Re: Really need an advice: sell the house or rent it out

I ended up renting my former home. I find being a landlord stressful. Plus we lost the capital gains tax exclusion. I am hoping my home has gone up in value enough to cancel the capital gains tax we may need to pay. It depends on sales price. We will have to recapture the depreciation. I am not look...
by Lafder
Sat Feb 17, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Need Help - Triggered Pro-Rata Rule on Roth IRA Conversion But Haven't Filed Yet
Replies: 6
Views: 673

Re: Need Help - Triggered Pro-Rata Rule on Roth IRA Conversion But Haven't Filed Yet

Welcome here! I would read more on this site and see if you can convince yourself stock picking is not the best way to let the market work for you! What makes you think you know more than the professional traders with their high speed computers and insider information? Buy the whole market, boring a...
by Lafder
Fri Feb 16, 2018 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Company 401k - is this optimal?
Replies: 13
Views: 1429

Re: Company 401k - is this optimal?

Change your percents so they add up to 100% for all accounts (tax advantaged and taxable, NOT including your emergency fund). This will really help you calculate your AA and see how tiny some accounts are, and help you see how much to move where to rebalance. Otherwise 5% in a large account can be a...
by Lafder
Thu Feb 15, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Dental chews for dogs....useful?
Replies: 36
Views: 2399

Re: Dental chews for dogs....useful?

All of my dogs chew and eat the dog teeth/dental chew bones as fast as if they are dog biscuits. So I doubt there is any teeth cleaning benefit for my dogs and the ingredients are not something they need to be ingesting. My dogs gnaw on the large rawhide rolls for hour and their teeth are noticeably...
by Lafder
Thu Feb 15, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Break down of self employed investing options
Replies: 4
Views: 361

Re: Break down of self employed investing options

With no non spouse employees, a solo401k is likely your best option for a retirement account. You are able to contribute as employer AND employee. So potentially more than the 18k. If you and your spouse are the only employees, you should be able to max retirement accounts for both of you. But solo4...
by Lafder
Thu Feb 15, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Need to restructure
Replies: 20
Views: 1022

Re: Need to restructure

You and your spouse should decide how many months' of expenses you want to save as cash. Generally 3-12 months depending on your comfort level. That is the amount of cash to save and consider your "emergency fund" not counted as part of your asset allocation. Whatever left over after that is the cas...
by Lafder
Wed Feb 14, 2018 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Some help getting started
Replies: 4
Views: 289

Re: Some help getting started

Can you roll your IRAs into your 401ks? Then no problem with the pro rata rules on back door Roths. :)
lafder
by Lafder
Wed Feb 14, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: Diamonds [Earrings and ring]
Replies: 13
Views: 1101

Re: Diamonds

Some place with a good return/exchange policy so she can exchange if what you choose is not her taste :)

(yes my husband still brings up the necklace he bought me that I exchanged for one I loved :))

lafder
by Lafder
Tue Feb 13, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Allocate 600,000 Fixed Income?
Replies: 11
Views: 1805

Re: Where To Allocate 600,000 Fixed Income?

1) Pay hyourself first, pay off your mortgage. Then invest the equivalent of the payments monthly per your IPS. This still leaves you a good chunk to invest now, and a guaranteed interest rate on the mortgage balance you cannot get guaranteed anywhere else. 2) I would invest in tax advantages bonds....
by Lafder
Sun Feb 11, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: what to look for when buying a flipped house
Replies: 27
Views: 2276

Re: what to look for when buying a flipped house

When I look at a house I consider is there room for improvement such as the types of upgrades many flips already have. Or is the house maximally improved for the house and neighborhood? If the house has room for improvement, I figure the price should not be at the top for the neighborhood. With a fl...
by Lafder
Sun Feb 11, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 5209

Re: Family expecting “comps”

I used to give a discount to friends and family. But......it got complicated.

As long as you are consistent, you are in the right. What could be hard is if some family get "free" and others find out.

lafder
by Lafder
Sun Feb 11, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Cons of Rebalancing?
Replies: 4
Views: 487

Re: Cons of Rebalancing?

A low cost target fund is a wonderful simple hands off invest and forget fund. If you ever want to switch to a 3 fund portfolio, and rebalance yourself , you can. But the simplicity of an all in one fund is that it rebalances for you so you don't have to do anything besides put money in, then take i...
by Lafder
Sun Feb 11, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Should I tax loss harvest this downfall? I've never done it before.
Replies: 7
Views: 996

Re: Should I tax loss harvest this downfall? I've never done it before.

Taxable account or retirement account? Tax loss harvesting can only be done in a taxable account. A 40k drop from the height of the account value? Or 40k loss from the investment that you put in, your cost basis? If a taxable account and a true loss below cost basis, yes I would TLH. If a retirement...
by Lafder
Sat Feb 10, 2018 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Index vs ETF
Replies: 10
Views: 1288

Re: Index vs ETF

I find mutual funds much "easier" to deal with as far as buying and selling.

I can just specify a dollar amount and not worry about price.

lafder
by Lafder
Thu Feb 08, 2018 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique...fairly new to the boglehead method!!
Replies: 11
Views: 771

Re: Please critique...fairly new to the boglehead method!!

Welcome here!

Please go back and edit your post so the total % add up to 100%, not per holding/account. It will make the relative size of each holding consistent and help you calculate asset allocation and rebalance.

lafder
by Lafder
Thu Feb 08, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: A Not Paying Off the Mortgage Thread
Replies: 38
Views: 5658

Re: A Not Paying Off the Mortgage Thread

Regarding this "I'd ask my wife for her opinion, but math is her weakest subject." That is exactly why you should ask your wife what she thinks. This is not a MATH equation, it is an emotional decision! To hear her input could help push you one direction or the other and help you stop waffling on wh...
by Lafder
Thu Feb 08, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Investing $20K in portfolio under current market situation
Replies: 23
Views: 1901

Re: Investing $20K in portfolio under current market situation

Assuming your emergency fund is where you want it to be, yes invest according to your investment plan.
lafder
by Lafder
Thu Feb 08, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance, Schwab, Vanguard, Confusion.
Replies: 10
Views: 1256

Re: Inheritance, Schwab, Vanguard, Confusion.

I am so sorry for the loss of your mom! Call Vanguard's concierge service and they should help you figure out the least expensive way to pull the money to them. They can get you on a 3 way call with Schwab to sort it all out and get the proper forms or requests done. Some can be done over the phone,...
by Lafder
Mon Feb 05, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: A Not Paying Off the Mortgage Thread
Replies: 38
Views: 5658

Re: A Not Paying Off the Mortgage Thread

Congratulations on your business continuing to do well, your second child on the way and your overall thoughtful approach to your finances! I think it is simpler to think of your overall asset allocation rather than breaking up taxable vs retirement. I think of my emergency fund as separate from thi...
by Lafder
Sun Feb 04, 2018 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Objective Opinion on Proposed Portfolio
Replies: 15
Views: 792

Re: Objective Opinion on Proposed Portfolio

Than you can do much simpler than you are proposing. I find ETFs trickier to use than mutual funds. But some people do prefer them. See this detailed description of a 3 fund portfolio https://www.bogleheads.org/forum/viewtopic.php?f=10&t=88005 There is no need to hold more than Total Stock Market an...
by Lafder
Sun Feb 04, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: I've never rebalanced - Can I do ok without it?
Replies: 35
Views: 4630

Re: I've never rebalanced - Can I do ok without it?

There was some story quoted on here that the best performing accounts at ? Fidelity, were those that had not been touched because the owner had passed away or forgotten about it. That says something about messing with accounts...............but adjusting your holdings is a bit different than "just" ...
by Lafder
Sun Feb 04, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: AA recommendation: outsized cash position, 6-8 years till retirement
Replies: 15
Views: 1520

Re: AA recommendation: outsized cash position, 6-8 years till retirement

Rewrite your % so they are % of total, not per account. You will see how tiny some holdings are and it will be easier to add up your asset allocation and figure out what to move to rebalance.
lafder
by Lafder
Sun Feb 04, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Objective Opinion on Proposed Portfolio
Replies: 15
Views: 792

Re: Objective Opinion on Proposed Portfolio

Which of these are taxable versus tax advantaged? Are you still holding so many funds since you do not want to liquidate current holdings and pay capital gains tax on taxable accounts? As presented, there are way more holdings than necessary. Are they necessary as long held shares? For example, why ...
by Lafder
Sun Feb 04, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: What would you do with this car?
Replies: 37
Views: 3078

Re: What would you do with this car?

Do you have another vehicle to drive if you sell this one? If you trade it in at the dealership, they may eat part of the "loss" you would take since they get to show the sale of another vehicle on their records which gives them quota bonuses etc, and keep you as a customer and make money off of ser...
by Lafder
Sun Feb 04, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3599

Re: [Flawed?] Paying off mortgage in 5 years

The example is ridiculously impossible. HELOC payments go to mortgage. HELOC gets paid off with paychecks. No explanation as to how bills and expenses of living are paid when all paychecks are going to pay off the HELOC. DO you have extra $ that can go towards your mortgage? After maxing retirement ...
by Lafder
Sun Feb 04, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Switch from Morgan Stanley to Vanguard Personal Advisor Services?
Replies: 22
Views: 1748

Re: Switch from Morgan Stanley to Vanguard Personal Advisor Services?

The hardest part is deciding what you want your new portfolio to look like. The next hardest is getting it that way. Then the easiest is "managing" if from there. Because in step one of deciding what you want, as far as asset allocation, it gives you a guideline to adjust your portfolio back to if i...
by Lafder
Sun Feb 04, 2018 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Critique my Investment Policy Statement
Replies: 4
Views: 586

Re: Critique my Investment Policy Statement

My only critique is to add bonds, 10-20% . That way you will have something to do during the next BIG market crash: sell bonds and buy stocks on sale. If you stay at 100% stocks, please do not panic and sell during the next big crash. Just keep investing according to your AA in your IPS. And come ba...
by Lafder
Sun Feb 04, 2018 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Investment Recommendations
Replies: 10
Views: 1007

Re: Investment Recommendations

Your target date Vanguard funds have wonderfully low ERs. They are a fund of funds made up of: Total stock market index Total international stock market index Total bond market index Total International bond market index They rebalance for you and add bonds with age and at those ERs are hard to beat...
by Lafder
Sun Feb 04, 2018 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford this home?
Replies: 25
Views: 2113

Re: Can I afford this home?

If you take your cash and cash out your brokerage account and pay cash for the home with no mortgage, you will feel like a genius when the market crashes, if it is in the near future :) Based on your savings outside of retirement accounts, I think you can afford the home. Are you considering all of ...
by Lafder
Sat Feb 03, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Switch from Morgan Stanley to Vanguard Personal Advisor Services?
Replies: 22
Views: 1748

Re: Switch from Morgan Stanley to Vanguard Personal Advisor Services?

I am bored..........so I googled by fund name and pulled ER from Morningstar. I tried reading the perspectus on the first fund and it was very hard to make sense and see if there are back load fees or any others. Note the listed ER's are just the annual fee for the funds. I am pretty sure you are pa...
by Lafder
Sat Feb 03, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for Life Insurance Payout
Replies: 15
Views: 956

Re: Planning for Life Insurance Payout

If she pays off the house, she can then trickle the equivalent of the payment into the market each month. If money is tight any month, no missed mortgage payment.
lafder
by Lafder
Sat Feb 03, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for Life Insurance Payout
Replies: 15
Views: 956

Re: Planning for Life Insurance Payout

I would consider paying off the house to decrease monthly expenses. It will not feel so bad during the next stock market crash for mom to know her mortgage is paid for. That 96k balance is a set number, versus a drop in value if put in the market and there is a crash. I would put perhaps 3-9 months ...
by Lafder
Sat Feb 03, 2018 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for Life Insurance Payout
Replies: 15
Views: 956

Re: Planning for Life Insurance Payout

Are you saying the life insurance will pay out based on dementia diagnosis? Or are you anticipating what will happen when your dad passes? If the latter, you are counting your eggs before they hatch. Dad may live for many years and need a high priced memory care facility or other assistance for dail...
by Lafder
Sat Feb 03, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with my AA between a 401(k) and ROTH
Replies: 5
Views: 347

Re: Please help me with my AA between a 401(k) and ROTH

My Roth IRA is 100% Total US stock market.

I will rebalance in the bigger accounts if I need to rebalance.

lafder
by Lafder
Sat Feb 03, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Q. solo 401k
Replies: 36
Views: 1724

Re: Q. solo 401k

Mega Back Door Roth has a specific meaning involving 401k plans as far as I know.

Aren't you talking about Roth conversions when income is lowest? I haven't heard that called a "mega" but there are plenty of things I don't know!

Lafder
by Lafder
Sat Feb 03, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Index Funds During Stock Market Decline?
Replies: 20
Views: 2514

Re: Index Funds During Stock Market Decline?

Keep investing! Think of it as buying on sale :)
Lafder
by Lafder
Sat Feb 03, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Switch from Morgan Stanley to Vanguard Personal Advisor Services?
Replies: 22
Views: 1748

Re: Switch from Morgan Stanley to Vanguard Personal Advisor Services?

What fees are you paying at M.S. ? Go back and edit to list the expense ratios on each of your holdings, including front or back load fees if they have them. That will probably make it more clear to you why moving your holdings to Vanguard may save you several percent in fees a year. It is also poss...
by Lafder
Sat Feb 03, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is my analysis fair?
Replies: 8
Views: 577

Re: Is my analysis fair?

What are your holdings and what are the additional Expense Ratios for each holding in addition to the 0.75% fees? It is hard to know how good or bad the returns are if we do not know the % bonds or what the holdings are. A high % bonds would have lower returns than 100% stocks. As others mentioned, ...
by Lafder
Fri Feb 02, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Q. solo 401k
Replies: 36
Views: 1724

Re: Q. solo 401k

I think you mean a mega back door Roth. This is rarely possible. It requires an employer plan that allows you to contribute pre and post tax to your 401k. The plan must also keep track of the source of funds, and allows an in plan withdrawal where you can move the post tax contribution portion to a ...
by Lafder
Thu Feb 01, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: EDITED: Help Replicating Vanguard with Limited Fund Selection
Replies: 15
Views: 997

Re: Help Replicating Vanguard with Limited Fund Selection

Expenses matter a lot. Put the time into finding and listing the ER's, whatever they are. They can vary more than 10 fold.

If you don't want to list for all, list for your top choices. ER is a major factor in choosing the best options.

lafder
by Lafder
Thu Feb 01, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone own gold?
Replies: 25
Views: 2528

Re: Does anyone own gold?

Do you have actual gold, or a piece of paper or online statement that says you own gold someone else is holding for you ?

lafder
by Lafder
Thu Feb 01, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 8777

Re: I have an overwhelming gift I'm in need of help of please.

It seems unusual that you are getting less than a week's notice that you are about to get over a quarter of a million dollars. Just be sure you do not have to pay any money or fees to get this money! You have gotten solid advice. Simply put it in your bank account as you give yourself time to sort o...
by Lafder
Thu Feb 01, 2018 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Different ways to achieve 40/60 AA & question on staying the course.
Replies: 25
Views: 2153

Re: Different ways to achieve 50/50 AA & question on staying the course.

It will be simplest if you go with either a single all in one fund closest to your desired AA, or switch to a 3 fund portfolio and check on it and rebalance if needed once or twice a year. You can do some rebalancing by taking withdrawals from whichever asset class is highest if you go with a three ...
by Lafder
Thu Feb 01, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Finally going to invest, brother is FA
Replies: 89
Views: 7255

Re: Finally going to invest, brother is FA

Another vote to stay clear of investing with your brother. Brother aside, EJ is amongst the higher fee companies, and the "deal price" is no deal. First decision, what is your risk tolerance and what is your desired asset allocation? That will help you decide what percent of your holdings need to be...
by Lafder
Thu Feb 01, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Opening a Vanguard Roth IRA
Replies: 7
Views: 769

Re: Opening a Vanguard Roth IRA

I agree that you must have earned income to invest in an IRA or Roth. Whether yes or no, I would rec the same investments. If you have no earned income for an IRA, a simple "taxable" or not special number/alphabet retirement account is an option. I would suggest an all in one fund such as a "Target ...
by Lafder
Thu Feb 01, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: EDITED: Help Replicating Vanguard with Limited Fund Selection
Replies: 15
Views: 997

Re: Help Replicating Vanguard with Limited Fund Selection

I would be glad to comment, but really need to see the expense ratio for each of the holdings. :) If all are over 1, can you include the lowest. If only some are under 1, only include those. In the absence of index funds (which I did not go through and confirm for myself), the ER's of the options wo...
by Lafder
Wed Jan 31, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone negotiated a medical bill to see a specialist?
Replies: 19
Views: 1729

Re: Has anyone negotiated a medical bill to see a specialist?

Let it run through insurance so it clearly adds to your paid deductible in your insurance company records. Otherwise you will need to submit the receipt for it to count towards your deductible. As mentioned, insurance has often negotiated a lower rate than what the doctor bills. Folks are wrong sayi...
by Lafder
Tue Jan 30, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Insurance company wants new roof after closing!
Replies: 20
Views: 4183

Re: Help! Insurance company wants new roof after closing!

Ask a new insurance company for an offer to take over your insurance needs and see what they say as far as coverage and prices. I would not volunteer what the prior insurance said. That is very annoying since if required before closing, seller might have been willing to help pay to make the deal go ...
by Lafder
Sun Jan 28, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Investment thought loops have been destroying me
Replies: 31
Views: 1513

Re: Investment thought loops have been destroying me

Spend your time on this website, not on trading stocks! That way you will have something to obsess on :) I like the simplicity of Boglehead style investing. It makes sense to me. Read this all the way through, it will answer every question you may think of along the way if you read it through, if no...