Search found 24 matches

Return to advanced search

Re: Close down Fidelity account?

I don't see any real benefit to changing investment firms. Fidelity is a fantastic investment house and its made significantly better by the competition with Vanguard. So long as you stick to Fidelity or iShare funds it's great and frankly there's really no reason to stretch beyond the Spartan funds...
by grokzilla
Mon Sep 09, 2013 6:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Close down Fidelity account?
Replies: 19
Views: 2070

Re: Do market crashes affect different age groups differentl

Now imagine a later-year member of Generation X. Your early investing life consisted of socking funds away early career - then the 2000 crash. You're young and might be working in high tech and/or .com start-up. In the tech crash you lost your job and half your portfolio, which might have been tech...
by grokzilla
Fri Jun 28, 2013 12:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Do market crashes affect different age groups differently?
Replies: 16
Views: 1207

Re: Advice on Holding Company Stock

That is perfect! Thanks dbr.
by grokzilla
Wed Jun 05, 2013 3:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Holding Company Stock
Replies: 5
Views: 543

Advice on Holding Company Stock

Howdy: After many years of being part of organizations who left me with deeply underwater options or grants that could barely cover my lunch bill after price depreciation...looks like I might finally have to make a decision about what to do with some compensation stock. In this particular case, the ...
by grokzilla
Wed Jun 05, 2013 1:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice on Holding Company Stock
Replies: 5
Views: 543

Re: Show me how to rebalance

I think everyone understands what you want, but I don't think everyone rebalances in the same fashion. I know I do not (my method requires an external spreadsheet tracking all investments, dollars and percentages with comparative goals and actuals). My spouse's 401K literally has a single button to ...
by grokzilla
Wed May 15, 2013 1:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Show me how to rebalance
Replies: 42
Views: 2049

Re: Trying to choose my allocation...

I don't think it needs to be so rigid. The easier to manage and the less complexity in your portfolio the happier you are sure to be. I personally use the Age-10 in bonds, just cause my risk tolerance feels a bit higher. And, I tend to only rebalance once per year (when I deposit my IRA funds) and t...
by grokzilla
Tue May 14, 2013 1:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Trying to choose my allocation...
Replies: 2
Views: 204

Re: Just Sold Out. What do you think?

Smart move. Now go get diversified!
by grokzilla
Tue May 14, 2013 1:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Just Sold Out. What do you think?
Replies: 95
Views: 7694

Re: Managed Acct + Fidelity Porfolios

Hi Soylent (love the name and the movie!) 1) SEP-IRA or Solo-401K: It appears neither you nor your spouse are taking advantage of these options, yet both appear to qualify. You REALLY need to open up a SEP or Solo ASAP. These vehicles allow you to sock away about 25% of your gross income per year fo...
by grokzilla
Tue May 07, 2013 4:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Managed Acct + Fidelity Porfolios
Replies: 18
Views: 1378

Re: SEP IRA

It actually works out to closer to 20% after the self employment tax reduction...which always confuses me. This assumes you're the owner, self employed etc.
by grokzilla
Sat Mar 30, 2013 9:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: SEP IRA
Replies: 6
Views: 374

Re: SEP IRA

I have a SEP-IRA at Fidelity. Works well, can set it up online and you can easily connect a personal checking account for ACH transfers. Though I usually handle my yearly contributions in person. I imagine its pretty simple and straightforward everywhere including Vanguard.
by grokzilla
Sat Mar 30, 2013 8:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: SEP IRA
Replies: 6
Views: 374

Re: Without a ROTH, how should I invest?

I'd strongly advise that you look into a SEP-IRA or Solo 401k before a Roth. A tax deferred SEP, for example, will allow you to contribute a full 25% of your self employed income up to $51,000 per year - that's 10x higher than a Roth. They are as easy to open and manage as a traditional IRA, but the...
by grokzilla
Wed Mar 27, 2013 1:52 am
 
Forum: Investing - Help with Personal Investments
Topic: Without a ROTH, how should I invest?
Replies: 21
Views: 1676

Backdoor Roth IRA: Confusion and Qs

Howdy: Quick Backdoor Roth Qs I would appreciate some advice on. We've been ignoring IRA contributions for a number of years and using taxable accounts in their place (mostly to avoid non-deductible accounts), but have finally decided we should probably be taking advantage of the Backdoor Roth if at...
by grokzilla
Mon Mar 11, 2013 9:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA: Confusion and Qs
Replies: 2
Views: 394

Re: What % of your income are you saving for retirement?

25% for me in a SEP and about 20% for the wife in tax deferred. Then we vary the taxable each year but usually another 15-20%. Total is about 35% or so. We're 42.
by grokzilla
Fri Feb 08, 2013 2:06 am
 
Forum: Investing - Theory, News & General
Topic: What % of your income are you saving for retirement?
Replies: 228
Views: 21097

Re: When did you start to save a regular significant amount?

Started investing small amounts in mutual funds at 24. Started saving significantly 10+% mostly via 401K at 28 after landing a more significant job. Started indexing at 32 -- mother pointed me in the right direction! Almost entirely indexing by 35. Nearly a decade later and strangely enough my best ...
by grokzilla
Fri Aug 24, 2012 7:53 pm
 
Forum: Investing - Theory, News & General
Topic: When did you start to save a regular significant amount?
Replies: 81
Views: 10864

Re: Illinois resident seeking 529 help

Both of my kids are in the Bightstart plan in IL -- it is one of the better plans...though of course returns for the last 7+ years have been virtually non existent, but the options are good, the costs are low and the State tax reduction is nice.
by grokzilla
Fri Jun 29, 2012 3:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Illinois resident seeking 529 help
Replies: 14
Views: 1228

Re: Help with Deferred Comp Plan - Risks vs Rewards

The in-service withdrawals seem very useful as you can schedule a limited number of distributions prior to retirement or leaving the company. They do seem to require a 2-3 year advance election however and that money goes into a special short-term account. I guess this might help to lessen the risk...
by grokzilla
Wed Jun 27, 2012 11:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with Deferred Comp Plan - Risks vs Rewards
Replies: 7
Views: 517

Re: Help with Deferred Comp Plan - Risks vs Rewards

Wow. Very helpful thoughts already - thanks so much. The program is not nearly so generous as a yearly vest. It looks like it's a vest over 5 years for the match in equal parts, but that's where it gets muddy. It seems as if the vest goes yearly after 5 years in the plan...maybe Will need to ask que...
by grokzilla
Wed Jun 27, 2012 9:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with Deferred Comp Plan - Risks vs Rewards
Replies: 7
Views: 517

Help with Deferred Comp Plan - Risks vs Rewards

Howdy: Was hoping I could get some thoughts, opinions and maybe some cautions or just general advice regarding Deferred Comp Plans. They are completely new to me though I've been doing some fast and furious reading. We've had a recent job change that has added a deferred compensation plan into the m...
by grokzilla
Wed Jun 27, 2012 1:29 am
 
Forum: Investing - Help with Personal Investments
Topic: Help with Deferred Comp Plan - Risks vs Rewards
Replies: 7
Views: 517

Re: Investment Newbie - went with Fidelity instead of Vangua

I'm customer of both Fidelity and Vanguard. I would say if you don't have a reason to prefer Fidelity (such as their solo 401k accepting SEP rollovers, their one brokerage account holding both ETFs and mutual funds, cash management account debit card with unlimited ATM rebates, local offices, etc.)...
by grokzilla
Tue Jun 26, 2012 6:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Physician Invest Newb-went with Fidelity over Vanguard:(
Replies: 25
Views: 2511

Re: Investment Newbie - went with Fidelity instead of Vangua

Definitely stick with option 2 and stay with Fidelity. I've been with them for a few decades now and am completely happy. Vanguard forced them to compete on index funds which has made it better for everyone. I have small account with vanguard and find that Fido has a few benefits I like namely I fin...
by grokzilla
Mon Jun 18, 2012 8:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Physician Invest Newb-went with Fidelity over Vanguard:(
Replies: 25
Views: 2511

Re: Forced to use Edge or Fidelity..questions and tips

I've been using Fidelity for nearly 20 years now -- started with a company 401K and then I just kept my accounts there. I am very pleased with them. My mother is sworn protector of the Vanguard realm. If not for my pleasant experience at Fidelity I'm sure i would be at Vanguard. They seem pretty int...
by grokzilla
Tue Mar 06, 2012 7:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Forced to use Edge or Fidelity..questions and tips
Replies: 10
Views: 979

Re: How a financial planner lost his home

I'm just completely stunned that in 2006 he did not realize that we were in the middle of a MASSIVE housing bubble. I'm just joe consumer and it was readily apparent to me. I left California for Washington in 1998. After selling a home in 2002 and moving back to California that same year it was READ...
by grokzilla
Wed Nov 09, 2011 1:27 pm
 
Forum: Investing - Theory, News & General
Topic: How a financial planner lost his home
Replies: 203
Views: 15537

Fund Info for International Tweak

Howdy: Was hoping someone might have some new fund information or be able to point me in the right direction. I'm with Fidelity and was looking to simplify my international index allocation by going from two funds to one, but am not sure the allocation will hold up. There seems to be little informat...
by grokzilla
Mon Oct 31, 2011 12:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fund Info for International Tweak
Replies: 4
Views: 423

Mortgage Reduction vs Investment Opportunity

Howdy: I've been a forum lurker and investment-style follower for a number of years now, but suddenly I find myself with a financial question (part finance, part investment) I hoped someone might be able to help me with -- hence my first post! Anyway, my financial conundrum seems simple, but I'm str...
by grokzilla
Tue Aug 16, 2011 10:06 am
 
Forum: Investing - Help with Personal Investments
Topic: Mortgage Reduction vs Investment Opportunity
Replies: 10
Views: 1108

Return to advanced search