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Also, here is some information on the CDs offered... Description One-, three-, and five-year CD Accounts are issued by Bank of America, N.A. (“Bank”), a member of FDIC, and are available as VantageTrust investment options. CD Account deposits of up to $250,000 are insured by the FDIC, subject to cer...

Pingo, I will send you a PM sometime today. Thanks!

Math's never been my forte, so bear with me, but think of it like this... Say your account is worth $10k, you want an overall allocation (which is the most important) of 85/15 stocks/bonds. So you have $8500 in stocks and $1500 in bonds. Now, of your $8500 in stocks, you want a 25% international al...

Pennstateclj1 and FNK your input is appreciated! Emergency funds: Not at this time, I have $1,000 in a savings. But, I do have $32,100 worth of credit with my two credit cards. At 15% interest give or take? That doesn't seem like an e-fund, that's a last resort. I agree, and this is something I will...

Pingo thanks for the response! I hope the following updates help. Based on the info you posted of the funds you are invested in, we have a pretty good idea of what the situation is with the index funds expense-wise. However, we really do need to also see the expense ratios for the remaining funds in...

Did I provide all the info needed to help in evaluating my portfolio? Any other help/input from others would be greatly appreciated.

85% stocks risky Put extra money towards emergency fund International is usually recommended between 20-50% of equity I would use one for your cash management funds in 457 and a little as possible total stock market Use total stock index and total international index in Ira You may want to use inde...

Emergency funds: Not at this time, I have $1,000 in a savings. But, I do have $32,100 worth of credit with my two credit cards. Debt: $26,030 auto loan at 1.49% Tax Filing Status: Single Tax Rate: Federal 25% State of Residence: TX Age: 32 Desired Asset allocation: 85% stocks / 15% bonds Desired In...

It is a governmental 457. The city offers two vendors, ICMA RC (lowest fees) and Nationwide. We get paid 26 times a year and here is where money goes each payday.

- 7% to TMRS. City matches 2:1

- Right around $192.31 to ROTH

- $195.00 to 457B

JM13004,
Thanks for the insight! So would most believe a 457B with these higher fees still be worth it over a taxable account?

Novine wrote:"Keep my very new 457b or get into something else with lower fees"

Like what? Do you have another plan you can get into?

I really don't, the other vendor our city offers for 457Bs is Nationwide which has higher fees than ICMA RC. My only other option would be a taxable account.

What to do? Keep my very new 457b or get into something else with lower fees? I have been and plan on to max out my ROTH each year. Total Expenses (estimated) definition from ICMA RC: Estimated Total Expenses - These expenses include the fees incurred by the underlying mutual fund such as investment...

Okay, including my ROTH, my overall ER going this route would be 0.33%.

Thanks everyone for your input... I thought that ER would be okay, but wasn't sure when I compared it to Vanguard's ERs. Lol.. Guess that's like comparing apples to oranges.

mhc wrote:I agree with ruralavalon.

Is there any employer matching funds?

Nah, they don't.

ruralavalon,

Thanks for you response! I guess I should have mentioned I have VFIFX in my ROTH which has Vanguard Total International Stock Index Fund Investor Shares.

Could you live with this ratio? It's for a 457B, our city offers two vendors. This ER would be going with the cheaper vendor following these indexes; S&P 500 (0.43%), The Wilshire 4500 Completion( 0.44%), The Barclays U.S. Aggregate Bond (0.42%) and The MSCI EAFE (0.55%). Also, what is the most ...

I'm not finding much either of the outcome. I did find this though... http://www.prudential.com/media/managed ... AFinal.pdf Starting at the bottom of page two, it does look like it's protected. Thoughts/comments?

that I need to be worried about? I found this, and it has me at least thinking about the risk... I believe this happened in 1994. "Employees participating in an Orange County 457 plan apparently have lost 10% of the assets in the plan, and may lose as much as 22%. They have stopped contributing...

eazy , are you sure you have to pay the Front loads? Most employer plans waive them. Find out. Just to be sure, are the expense ratios you listed for Nationwide for your specific plan ? All plans are different. Do you also have Front loads for the ICMA-RC plan? Between phone calls and emails, I'm s...

Debt: Vehicle loan $27,914 @ 3.99% I would consider paying this down and eliminating sooner than later :happy Another way to do this is to sell this car and get a cheaper car. Thanks and I have a update to this. As of today I now have this financed at 1.49% through PedFed. Thanks to all who recomme...

Understandable Duckie, here is what I found for Nationwide... Asset Allocation Funds Nationwide Destination 2020 Fund (NWAFX) 9 Front load 5.75%, Expense ratio 0.92% Nationwide Destination 2025 Fund (NWHAX) 9 Front load 5.75%, Expense ratio 0.91% Nationwide Destination 2030 Fund (NWIAX) 9 Front load...

Here in the next couple of day I will try to find the fees and expenses for the ICMA-RC investments. Here are my Nationwide options https://www.nrsforu.com/iApp/rsc/fundPe ... PreLogin.x

Duckie,
Once again great info!!

Here is the first of the two vendors we can choose from. These are my investment option from ICMA-RC.

https://harper1.icmarc.org/rf/EmailView ... DUYuQzA%3D

A 457 is a tax-sheltered employer plan. If you work for a city it is a governmental 457 which is the better kind. You can contribute up to $17K per year (probably, plans sometimes vary). It reduces your current taxable income (and take-home pay) and thereby reduces your current taxes. Putting retir...

Duckie, thanks again for your time in helping. Your comment about the pension not being part of my overall portfolio has really cleared some things up for me - thanks!! The city does offer a 457, which I do not contribute to. Reason being, I just do not know about them or where it would fit into my ...

This is the portfolio I participate in through work. I'm trying to figure a overall portfolio for asset allocations, but don't understand how this one works. This is holding me up from planning and creating a overall plan. I called and they referred me here http://www.tmrs.org/investments.php Can so...

Thanks Toons and Gemini, I'm going to look into that first thing in the morning. And sorry if I'm all over the place with my first two post in this thread... Please let me know if you need further explanation before giving your opinion about my plan.

Duckie thanks for the response! To achieve my three legged monster , I started the process of moving my ROTH to Vanguard and into VFIFX. By three legged monster, I mean I would like draw from three accounts when I reach a certain age in life.... First I would like to draw from some sort of account (...

Hello all :) Long story short... The latter part of last year I started a ROTH with Scottrade. I deposited ($1,603.00 in 2011) and invested in Focus Morningstar small, medium and large index ETFs (free trades trough Scottrade). I did this from what little I learned on here (no shot at you folks, it'...

Equity ETFs are more tax efficient than traditional index funds. So, an ETF may be better if you are investing a taxable account. It doesn't matter if you're investing an IRA or other tax sheltered account. Traditional index funds create and redeem shares in cash. This means investors give the fund...

bru wrote:You have until the tax filing deadline, April 17 this year. Just make sure you specify it is for 2011 so there is no confusion.

Great, thank you!

Correct me if I'm wrong, but when I put money towards my Roth on April 6 I can mark this to 2011?

Sorry everyone if I'm causing confusing. I'm referring to entry date as when I placed my order... Like if I bought something today (03/22/2012), I'm considering today the entry date.

Sorry, but I'm still not understanding. Is it the day after you purchased (entry date) or the day after the settlement date?

Entry date, settlement date or the day after the entry date? I tired looking on the IRS website, but didn't know where to start so I didn't find anything.

Thanks in advance!

The methodologies for S&P, Russell and Morningstar are different. S&P hand picks the stocks for the predominantly large cap 500, Midcap 400 and the Smallcap 600. Russell divides the largest 3000 stocks into the Russell 1000 large cap and the Russell 2000 small cap. Morningstar takes the top...

Not quite sure how to ask this, but how close are Morningstars' indexes compared to ETF's that solely index the S&P 500 and Russell 2000? Please let me know if you don't understand my question. Example.. FLG vs VOO. Besides price and expenses, are these two basically tracking the same index per ...

Great, thank you! I'll look into the three you mentioned.

It's from chapter seventeen "Track Your Progress and Rebalance When Necessary" I'm very interested in the process that uses expansion bands to rebalance. Is there a free software/website out there that you can setup and it will track all the changes for you? I tried with Google portfolios,...

Okay thank you everyone! So can someone please explain this statement from the book, I'm still confused and want to understand before I move on. "When you own TIPS in your taxable account, the major downside is that you have to deal with the issue of paying annual taxes on some income that you ...

Today I finally received my book "The Bogleheads Guide to Investing" So far I have made it to Chapter 5, Preserve You Buying Power with Inflation-Protected Bonds. The book started out as easy reading, but as I got to Bonds and this (inflation protection) it is starting to lose me. Not the ...

I'm concerned that a 31 year old is relying (mostly) on a City pension 24 years in the future. ⋅ While counting on this pension, you are only saving $5,000 per year in a Roth IRA. ⋅ Can you expand some more on the reasoning why you feel that relying in the pension is a slamdunk?...

That’s it and you did read it right. It was my fault for not asking more questions… I just thought if I laid the plan out, others would comment on what changes I need to make or even if I was on the right track. I stated this “I know this is all subject to change… But you’ve seen what I have current...

YDNAL,

Thanks for the response! My current retirement is not a 401k type - It's TMRS. Also, I tried posting of like you linked, but I did not get much feedback.

When you have the ability to choose any fund you want (in an IRA for instance), I don't usually see any need to pay more than 0.20% or so. Conversely, if you have an employer-sponsored plan (e.g., 401k) to which it makes sense to contribute for tax purposes or to take advantage of an employer match...

In your opinion, what % is just too high for a annual report Gross expense ratio? With that, what is the most you'll pay?

Thanks in advance!

http://www.thestreet.com/video/cramermarketupdates/10337425.html#1163347346

Thoughts/comments?

Thank you again everyone for their input and help. If you go to the web site pshonore cited, you'll note that not all of the partnerships have LP or LLC in their names. There are also mutual funds which own master limited partnerships, but, for tax purposes, are treated as mutual funds. The only way...