Search found 5510 matches

by retired@50
Wed May 12, 2021 12:16 pm
Forum: Personal Investments
Topic: 401(k) transfer questions
Replies: 14
Views: 989

Re: 401(k) transfer questions

I would say this does call for filing a CFPB complaint. Not a personal experience, but I read on this and other forums that when complaints are made to CFPB, financial institutions do tend to take them seriously and are forced to respond. Is CFPB the proper agency to report the complaint to? Or are...
by retired@50
Wed May 12, 2021 10:34 am
Forum: Personal Investments
Topic: Tell an inexperienced investor ETF or Dividend?
Replies: 11
Views: 469

Re: Tell an inexperienced investor ETF or Dividend?

platfsholding wrote: Wed May 12, 2021 10:25 am need minimal risks, markets are overheated
So add more bonds. Short and Intermediate term bonds would be less risky than long term bonds.

Regards,
by retired@50
Wed May 12, 2021 10:11 am
Forum: Personal Investments
Topic: Tell an inexperienced investor ETF or Dividend?
Replies: 11
Views: 469

Re: Tell an inexperienced investor ETF or Dividend?

Welcome to the forum. :happy Have you considered the total return approach to investing? In other words, some dividends, some growth, lots of simplicity . Relevant links: https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy https://ww...
by retired@50
Wed May 12, 2021 9:50 am
Forum: Personal Investments
Topic: Low-earning 30 year old behind on investing. Need some guidance.
Replies: 39
Views: 3924

Re: Low-earning 30 year old behind on investing. Need some guidance.

You are so far ahead of me at your age. I began my first ever 401K contributions at age 30, you already have a nice little nest egg. Don’t let all the $500,000 a year types here on BH get you down. In my entire career I never earned 6 digits ($100,000) in any year. I retired comfortably at age 62 i...
by retired@50
Wed May 12, 2021 9:39 am
Forum: Personal Investments
Topic: When would you buy cryptocurrency?
Replies: 57
Views: 2259

Re: When would you buy cryptocurrency?

warner25 wrote: Wed May 12, 2021 4:01 am I'll exchange USD for some cryptocurrency when I need cryptocurrency to buy things that I want, just like how I've exchanged USD for Euros when I took a trip and needed local currency. Isn't this the obvious answer?
+1.

Regards,
by retired@50
Tue May 11, 2021 8:51 pm
Forum: Personal Investments
Topic: Beginner's Guide to Investing Book
Replies: 12
Views: 772

Re: Beginner's Guide to Investing Book

I recently purchased and read a book to hep familiarize myself with how to best diversify my portfolio as I start adulthood and begin earning real income. The book was published in 2013 and is called 'A Beginner's Guide to Investing' by Alex H. Frey. He recommends diversifying as follows: ASSET CLA...
by retired@50
Tue May 11, 2021 8:40 pm
Forum: Personal Investments
Topic: Windfall - Immediate Steps
Replies: 13
Views: 1619

Re: Windfall - Immediate Steps

Hi all, A Long-time lurker but just made an account as I have a very serious situation coming up. I am 24 years old expected to receive a huge cash windfall ($5,000,000+) but don't exactly know the least-risky moves I can make after receiving this windfall. I have read the wiki and they have said t...
by retired@50
Tue May 11, 2021 8:21 pm
Forum: Personal Investments
Topic: Where to / What to Bonds: Asset allocation by type of accounts
Replies: 3
Views: 263

Re: Where to / What to Bonds: Asset allocation by type of accounts

Current retirement assets -Taxable Wealthfront: 24,000 USD 35% US stocks, 26% Foreign, 17% Emerging Markets, Muni Bonds 14%, Dividend Growth Stocks 8% - Roth IRA Wealthfront : 25,500 USD 33% US stocks, 20% Foreign, Emerging Bonds 16%, 12% Emerging Markets, RE 11%, Corporate bonds 8% - IRA Wealthfro...
by retired@50
Tue May 11, 2021 7:47 pm
Forum: Personal Investments
Topic: Setting up a trust - should I make it my beneficiary?
Replies: 13
Views: 945

Re: Setting up a trust - should I make it my beneficiary?

I have an IRA and a brokerage account in Vanguard. Should I make that trust the beneficiary of both my accounts? As I understand it, making a trust the beneficiary of an IRA doesn't really accomplish much. Eventually, this money will have to be re-directed to Inherited IRA accounts, unless your wif...
by retired@50
Tue May 11, 2021 12:33 pm
Forum: Personal Investments
Topic: Fidelity Bond Fund advice
Replies: 7
Views: 644

Re: Fidelity Bond Fund advice

Background: My company retirement plan is with Fidelity, I prefer to stick with Fidelity funds for simplicity. I do have a Fidelity Brokerage account linked to my 401K. My question is: For Bond Fund allocation I use only FXNAX (Fidelity® US Bond Index Fund) and have about 160K which is about a 35% ...
by retired@50
Tue May 11, 2021 11:01 am
Forum: Personal Investments
Topic: Dilemma: what to do with a large amount of cash at the age of 75?
Replies: 34
Views: 3387

Re: Dilemma: what to do with a large amount of cash at the age of 75?

Consider reading the book by Paul Remack called "Playing The Game".

Link: https://www.goodreads.com/book/show/369 ... l2t&rank=1

Regards,
by retired@50
Mon May 10, 2021 8:33 pm
Forum: Personal Investments
Topic: 25 year old looking for guidance
Replies: 13
Views: 927

Re: 25 year old looking for guidance

Hi! I thought I would ask if you think I am on the right track with my finances. I am 25 years old and currently live at home but will probably be moving in the next 6 months I have paid off my college debt and have a 2019 vehicle, also paid off I contribute the max to my 401K at work I have contri...
by retired@50
Mon May 10, 2021 8:18 pm
Forum: Investing - Theory, News & General
Topic: "The Simplicity Manifesto" by Scott Burns
Replies: 21
Views: 2908

Re: "The Simplicity Manifesto" by Scott Burns

As usual, Scott Burns makes me chuckle. I've been a fan of his nearly as long as I've been investing.

Regards,
by retired@50
Mon May 10, 2021 8:02 pm
Forum: Personal Investments
Topic: Extra to Invest
Replies: 4
Views: 433

Re: Extra to Invest

Looking for some suggestions on where or what would be a good choice to invest 10k. This would be extra money I have to invest for a short period, such as for 9-12 months. I already have a good emergency fund. The money was in a CD, but I'm looking for possible some suggestions for something other ...
by retired@50
Mon May 10, 2021 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tear down my house?
Replies: 53
Views: 5109

Re: Should I tear down my house?

Wouldn't it be simpler to just sell your present home and buy something that you want? If you go the teardown and rebuild route you're going to have to live somewhere else for a likely minimum of at least a year while that work is done. From the time the permits are issued to move-in is 4 months pe...
by retired@50
Mon May 10, 2021 7:39 pm
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5473

Re: What does your bond portfolio look like in this low interest world?

db55 wrote: Mon May 10, 2021 7:31 pm Bonds have done extremely well with interest rates that have fallen dramatically over the past 20 years - they are historically expensive right now.
Actually, VBTLX hit a peak in late July - early August, 2020. That would have been the time to sell.

Regards,
by retired@50
Mon May 10, 2021 7:15 pm
Forum: Personal Investments
Topic: Why foreign stocks?
Replies: 85
Views: 5066

Re: Why foreign stocks?

Educate me pls. I own an S&P 500 index fund. Many of the companies in the index, such as Apple, have a large proportion of international sales. So by owning an S&P 500 index fund, I feel I already have a significant (perhaps 30%) international exposure. So what benefit is there to also own ...
by retired@50
Mon May 10, 2021 11:00 am
Forum: Personal Investments
Topic: Confused by Vanguard Bond Fund Account Statement
Replies: 10
Views: 489

Re: Confused by Vanguard Bond Fund Account Statement

Bond fund share price movements, over the long term, will account for very little (if any) of your total return. The vast majority of your total return will come from the monthly dividend payments and the "interest on interest" that those monthly dividend payments will earn.

Regards,
by retired@50
Mon May 10, 2021 10:31 am
Forum: Personal Investments
Topic: Confused by Vanguard Bond Fund Account Statement
Replies: 10
Views: 489

Re: Confused by Vanguard Bond Fund Account Statement

I'm confused about my account statement from Vanguard regarding VMLUX (Limited-Term Tax-Exempt Fund). I don't want to post the actual account balance so I will just use $32,000 as the example of what I have in this fund. I bought $32,000 of shares in this fund a couple of months ago (never had it b...
by retired@50
Mon May 10, 2021 9:41 am
Forum: Personal Investments
Topic: 401k is already 100% full of bonds, but my AA calls for more bonds. Put in taxable or Roth IRA?
Replies: 12
Views: 1091

Re: 401k is already 100% full of bonds, but my AA calls for more bonds. Put in taxable or Roth IRA?

I'm doing a 70/30 AA (with equity as 75% VTSAX / 25% VTIAX) 52.5% VTSAX 17.5% VTIAX 30% VBTLX Total assets $3 mm My 401k is currently 100% VBTLX ($260,000) My Roth IRA has room for $170k I read that putting bonds in Roth IRA is bad because your highest growth should go there (VTSAX) But I also read...
by retired@50
Mon May 10, 2021 9:33 am
Forum: Personal Investments
Topic: 401k is already 100% full of bonds, but my AA calls for more bonds. Put in taxable or Roth IRA?
Replies: 12
Views: 1091

Re: 401k is already 100% full of bonds, but my AA calls for more bonds. Put in taxable or Roth IRA?

I'm doing a 70/30 AA (with equity as 75% VTSAX / 25% VTIAX) 52.5% VTSAX 17.5% VTIAX 30% VBTLX Total assets $3 mm My 401k is currently 100% VBTLX ($260,000) My Roth IRA has room for $170k I read that putting bonds in Roth IRA is bad because your highest growth should go there (VTSAX) But I also read...
by retired@50
Sun May 09, 2021 5:41 pm
Forum: Personal Investments
Topic: What does your bond portfolio look like in this low interest world?
Replies: 65
Views: 5473

Re: What does your bond portfolio look like in this low interest world?

db55 wrote: Sun May 09, 2021 5:17 pm And what are you holding in your bond portfolio?
I hold Vanguard Total Bond Market and Total International Bond Market index funds in a tax-deferred account.

I haven't made any changes. Still re-investing dividends every month.

Regards,
by retired@50
Sun May 09, 2021 1:29 pm
Forum: Personal Investments
Topic: Michigan 529 Plan vs. Other States
Replies: 3
Views: 205

Re: Michigan 529 Plan vs. Other States

Welcome to the forum. :happy A few thoughts come to mind after reading your post. 1. I'd suggest waiting until the child is born before devoting savings to a 529 plan. 2. I think using the Michigan plan is smart in these circumstances. The lower expense ratio, and the tax savings are going to be har...
by retired@50
Sun May 09, 2021 10:12 am
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4465

Re: Critique my dividend stock strategy

You said "it is a real example" so asking what "it" refers to is a legitimate question. Each person can decide for themselves if it's a legitimate question or a stupid question. My opinion won't be changing and I'm sure everyone else's won't either. I really don't know if this w...
by retired@50
Sat May 08, 2021 4:39 pm
Forum: Personal Investments
Topic: Critique my dividend stock strategy
Replies: 68
Views: 4465

Re: Critique my dividend stock strategy

69, retired, married. With my CD's now maturing, and interest rates virtually zero for CDs or bond funds, I've been buying stocks of companies that pay healthy dividends in the 2% to 5% range, in most cases increasing dividends year to year. They are in my Roth and tIRAs. Plan on never selling them...
by retired@50
Sat May 08, 2021 4:23 pm
Forum: Personal Investments
Topic: In Kind Rollover To Fidelity
Replies: 5
Views: 416

Re: In Kind Rollover To Fidelity

Are the above transfer instruction options being offered by Fidelity, or the current custodian? If it's the current custodian, then I'd start over at the receiving financial institution (Fidelity in this case) and ask for an in-kind transfer. Regards, Silly me - edited to indicate these are the ins...
by retired@50
Sat May 08, 2021 4:15 pm
Forum: Personal Investments
Topic: In Kind Rollover To Fidelity
Replies: 5
Views: 416

Re: In Kind Rollover To Fidelity

... While undergoing the automated rollover process online, I am given four "Transfer Instruction" options. Transfer entire cash amount Transfer specific cash amount Liquidate CD now and transfer cash Liquidate CD at maturity on a specified date and transfer cash ... Am I expecting someth...
by retired@50
Sat May 08, 2021 2:18 pm
Forum: Personal Investments
Topic: What to do with cash?
Replies: 11
Views: 2027

Re: What to do with cash?

The way I'm thinking about it is, if I buy an income-oriented fund like VDADX (all stock) or VWIAX (40/60 stock/bond), I'm getting an income stream. I am confident that the income stream will be consistent over time (in dollars) , but the value of the assets will surely decline when rates go up. Yo...
by retired@50
Sat May 08, 2021 9:32 am
Forum: Personal Investments
Topic: Taxable Savings Asset Mix - Help.
Replies: 8
Views: 840

Re: Taxable Savings Asset Mix - Help.

Currently we max out all tax advantaged accounts + HSA + Roth IRA. Please critique my plan. Open for suggestions. If I were you, I'd stick to VTI & VXUS in the taxable account and rarely trade, except to TLH. I'd do all the trading shenanigans in the Roth IRA, ** IF ** I were going to trade lik...
by retired@50
Sat May 08, 2021 8:49 am
Forum: Personal Investments
Topic: Low-earning 30 year old behind on investing. Need some guidance.
Replies: 39
Views: 3924

Re: Low-earning 30 year old behind on investing. Need some guidance.

While I’m still learning about investing , I’m going to be hands off at the beginning. So maybe use a robo advisor or target date fund? Hopefully there are some low-fee ones. Sorry for the silly questions. I’m gradually learning more about it , but I’m pretty overwhelmed and a little stressed out. ...
by retired@50
Fri May 07, 2021 7:59 pm
Forum: Personal Investments
Topic: Best short-term bond fund in a taxable account
Replies: 7
Views: 920

Re: Best short-term bond fund in a taxable account

Do you mean you want distributions as large as can be found or as small as can be found? I'm looking for small distributions or tax-advantaged distributions to avoid ordinary income tax, balanced against a reasonable return. Here's one option. Vanguard Limited Term Tax Exempt. https://investor.vang...
by retired@50
Fri May 07, 2021 7:46 pm
Forum: Personal Investments
Topic: Taxable Savings Asset Mix - Help.
Replies: 8
Views: 840

Re: Taxable Savings Asset Mix - Help.

Currently we max out all tax advantaged accounts + HSA + Roth IRA. Please critique my plan. Open for suggestions. If I were you, I'd stick to VTI & VXUS in the taxable account and rarely trade, except to TLH. I'd do all the trading shenanigans in the Roth IRA, ** IF ** I were going to trade lik...
by retired@50
Fri May 07, 2021 7:30 pm
Forum: Investing - Theory, News & General
Topic: When will asset prices come down?
Replies: 84
Views: 5565

Re: When will asset prices come down?

newyorker wrote: Fri May 07, 2021 6:16 pm Everything is up right now.
My bond index funds are down this year, aren't yours?

Regards,
by retired@50
Fri May 07, 2021 7:26 pm
Forum: Personal Investments
Topic: Vanguard Emerging markets at 10%
Replies: 66
Views: 5307

Re: Vanguard Emerging markets at 10%

It would be out of the 30% international, so 20% developed market and 10% international. But apparently I'm already almost 8% just with the total int index fund. This is what I was trying to get at back up-thread. If you are using a Total International Index fund, then you've already got emerging m...
by retired@50
Fri May 07, 2021 7:21 pm
Forum: Personal Investments
Topic: Maintain AA in tIRA only vs across tIRA and Roth
Replies: 11
Views: 820

Re: Maintain AA in tIRA only vs across tIRA and Roth

I am 73 and have about $600K in rollover IRAs and $400K in Roth. Pension and SS cover my basic expenses. I have been converting to Roth since I retired, and plan to continue conversions (because of the loss of the inherited stretch IRA under the SECURE Act). I intend to leave the Roth for legacy --...
by retired@50
Fri May 07, 2021 7:01 pm
Forum: Personal Investments
Topic: Re-balancing-Reducing risk
Replies: 9
Views: 758

Re: Re-balancing-Reducing risk

Do you have an investment policy statement? https://www.bogleheads.org/wiki/Investment_policy_statement I don't think adding to total bond would be a mistake, but I'm wondering what are your long term plans for stock allocation? Going below 40% before retirement either implies an awfully big portfol...
by retired@50
Fri May 07, 2021 4:06 pm
Forum: Personal Investments
Topic: Where to park a million in cash?
Replies: 8
Views: 1762

Re: Where to park a million in cash?

I've had a bit over a million sitting in savings accounts that I don't really need . If the above statement is true, then you should consider a charitable donation. Note that there is a "Support this Site" link near the top of the page. You could also consider setting up a Donor Advised F...
by retired@50
Fri May 07, 2021 10:12 am
Forum: Personal Investments
Topic: Late 20s questions about investment allocation over next few years
Replies: 21
Views: 2046

Re: Late 20s questions about investment allocation over next few years

I think one of us is missing something. I'm not quite sure who, though. If this Betterment account is a taxable brokerage account and not some flavor of IRA (individual retirement arrangement/account), then NO, you cannot just sell the holdings in the brokerage account and lump sum the net amount i...
by retired@50
Fri May 07, 2021 9:02 am
Forum: Personal Investments
Topic: Portfolio Creation & Allocation - $10-$15k/mo contribution (28 years old)
Replies: 2
Views: 186

Re: Portfolio Creation & Allocation - $10-$15k/mo contribution (28 years old)

I would recommend read, read, read starting with "getting started" in the Wiki and then reading books. I second the idea to become a reader. Get a library card. Do some reading and watch your knowledge blossom. It all starts at the public library's check out desk. My favorite author is Wi...
by retired@50
Fri May 07, 2021 8:49 am
Forum: Personal Investments
Topic: 33 | Single | Rent | When to take the foot off the pedal?
Replies: 20
Views: 2997

Re: 33 | Single | Rent | When to take the foot off the pedal?

Any desire for a family, or marriage?

If so, that would probably create a radical change in your spending patterns.

Regards,
by retired@50
Thu May 06, 2021 9:20 am
Forum: Personal Investments
Topic: 70K in Managed Funds Next Best Steps
Replies: 2
Views: 193

Re: 70K in Managed Funds Next Best Steps

I am new to this forum so hi everyone :D ... Seeking advice on suggested next steps. Thank you for your help. Welcome to the forum. :happy dbr has pointed you in the right direction -> Toward the Boglehead wiki pages. If you prefer to read books, instead of a computer screen, then check out this li...
by retired@50
Thu May 06, 2021 9:01 am
Forum: Personal Investments
Topic: Retirees: Monthly vs Quarterly vs Annual Distributions
Replies: 76
Views: 4823

Re: Retirees: Monthly vs Quarterly vs Annual Distributions

I use the quarterly dividends from my taxable account for spending. As it happens, they just about match my annual spending rate. I will obviously have to re-figure things when Social Security and RMDs start.

Regards,
by retired@50
Thu May 06, 2021 8:44 am
Forum: Personal Investments
Topic: Allocation/Importance of bonds during wealth accumulation phase?
Replies: 15
Views: 1082

Re: Allocation/Importance of bonds during wealth accumulation phase?

Questions: 1. Are bonds that important during the wealth accumulation phase? 2. What would be an appropriate allocation for my portfolio? I am seeking aggressive growth. 3. I'm on the fence about investing in an international/global ETF/Index fund due to their poor performance. How important is int...
by retired@50
Wed May 05, 2021 11:29 pm
Forum: Personal Investments
Topic: Roth IRA for 13 yo kid
Replies: 28
Views: 2713

Re: Roth IRA for 13 yo kid

It’s not a good sign when you have to put “earn income” in quotes. Thanks for checking and assuming good intents :-) They are earning it and this is the point of me doing the research. It is totally legit to get paid by the neighbor to take care of their pets when they are on vacation, as IIUC from...
by retired@50
Wed May 05, 2021 11:24 pm
Forum: Personal Investments
Topic: Vanguard Emerging markets at 10%
Replies: 66
Views: 5307

Re: Vanguard Emerging markets at 10%

Based on Jermey Grantham and current emerging market PE compared to US ect thinking about shifting 10% of international to emerging markets ( currently 70% US and 30% international with 10% small value tilt). Slightly more complicated portfolio, but just makes me feel a little better continuing to ...
by retired@50
Wed May 05, 2021 6:06 pm
Forum: Personal Investments
Topic: 401k to Roth Rollover. Do I need to contribute the tax amount into Roth?
Replies: 26
Views: 1294

Re: 401k to Roth Rollover. Do I need to contribute the tax amount into Roth?

Do you have the option to tell them not to withhold taxes? Regards, No, I don't have that option in this particular case. Is this some kind of special case? Withholding taxes is not customary in this type of rollover/conversion. What is the age of the person who owns the 401k? I should have been cl...
by retired@50
Wed May 05, 2021 3:26 pm
Forum: Personal Investments
Topic: Help with portfolio allocations
Replies: 9
Views: 737

Re: Help with portfolio allocations

Please guide me on where I should set these allocations. Welcome to the forum. :happy Maybe doing some reading about asset allocation would be helpful. Link: https://www.bogleheads.org/wiki/Asset_allocation There isn't a single answer for everyone or everyone at a particular age, it depends on thin...
by retired@50
Wed May 05, 2021 1:54 pm
Forum: Personal Investments
Topic: 401k to Roth Rollover. Do I need to contribute the tax amount into Roth?
Replies: 26
Views: 1294

Re: 401k to Roth Rollover. Do I need to contribute the tax amount into Roth?

Do you have the option to tell them not to withhold taxes? Regards, No, I don't have that option in this particular case. Maybe if you roll the 401k into a traditional IRA first, then convert that new traditional IRA to Roth IRA you'd have that option. I have a IRA and Roth IRA at Vanguard and when...
by retired@50
Wed May 05, 2021 1:43 pm
Forum: Personal Investments
Topic: 401k to Roth Rollover. Do I need to contribute the tax amount into Roth?
Replies: 26
Views: 1294

Re: 401k to Roth Rollover. Do I need to contribute the tax amount into Roth?

Do you have the option to tell them not to withhold taxes?

Regards,
by retired@50
Wed May 05, 2021 1:38 pm
Forum: Personal Investments
Topic: Vanguard Adjusted Cost Basis on Date of Death
Replies: 14
Views: 1242

Re: Vanguard Adjusted Cost Basis on Date of Death

My dad created the trust and it became irrevocable on his death. The Vanguard accounts were put in the trust when it was created. Then it was a revocable trust at his death and you should get a new basis as of his death. It’s not Vanguard’s responsibility to calculate and change the basis of assets...