Search found 22222 matches

by retiredjg
Fri Aug 28, 2015 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 71
Views: 2120

Re: If stocks dropped 30% next Monday, would you rebalance?

On what planet is next Monday different from this coming Monday?

Yeah, I know. Some people do use the terms differently, but remember that the original poster lives in Texas.
by retiredjg
Fri Aug 28, 2015 7:51 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies [Tax Loss Harvesting]

Roothy wrote: And thanks for the explanation for the pre-30-day logic. It helps me to understand the whole process.

Do realize that my explanation is speculation on my part - I didn't read the legislation. But it does make sense.
by retiredjg
Fri Aug 28, 2015 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rolled Over into an IRA. Is this a good allocation?
Replies: 11
Views: 588

Re: 401K Rolled Over into an IRA. Is this a good allocation?

It is very unlikely that you could roll it back into the 401k of a former employer. But you may have an employer in the future that has a 401k that will accept it. If so and if that is a good 401k (low cost funds) you could do that so that you'll be able to use the back door to contribute to Roth IR...
by retiredjg
Fri Aug 28, 2015 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Rebuilding Portfolio
Replies: 9
Views: 464

Re: Rebuilding Portfolio

Did some posts disappear?
by retiredjg
Fri Aug 28, 2015 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 71
Views: 2120

Re: If stocks dropped 30% next Monday, would you rebalance?

I probably would not do anything based on 1 day. It takes a day just to sell and buy mutual funds so a "flash crash" could happen and be over before I reacted. But if it went on for several days, I'd probably be in there buying some stocks. My IPS is silent on this issue and that's fine wi...
by retiredjg
Fri Aug 28, 2015 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

btks wrote:Thank you for your help! Another question is what gives these index funds value? What gives the target 2060 fund a value of 27.52? One of the funds it tracks, VTSMX, is at 50.

I have not idea, but I can assure you it does not matter at all. Price per share is completely irrelevant.
by retiredjg
Fri Aug 28, 2015 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

btks wrote:As far as I can tell, it will be the whole $600. I will go with the target 2060 fund and start with $1000. Then I'll set up automatic payments to reach $5500 by end of the year.

This is a good plan.:happy
by retiredjg
Fri Aug 28, 2015 4:31 pm
Forum: Investing - Theory, News & General
Topic: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"
Replies: 12
Views: 724

Re: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"

Yes, their selection in traditional mutual funds is weak, but that's not the topic. Thank you for the link. :happy You are correct. The list of Schwab ETFs is not pitiful at all and ETFs are the topic, not mutual funds. You are also correct that my rant is ill-placed since the topic is ETFs, not mu...
by retiredjg
Fri Aug 28, 2015 4:11 pm
Forum: Investing - Theory, News & General
Topic: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"
Replies: 12
Views: 724

Re: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"

cottonseed1 wrote:I have always wondered why Schwab was able to offer their ETF for 4 BP instead of the 5 Vanguard charges. Perhaps this is the reason?

I think it is probably a loss leader.
by retiredjg
Fri Aug 28, 2015 4:10 pm
Forum: Investing - Theory, News & General
Topic: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"
Replies: 12
Views: 724

Re: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"

... no clear winner... I think there's a winner, but it has nothing to do with VTI vs SCHB. The list of Schwab index funds is pitiful and even that may be an understatement. I'd rather buy my total stock at a place I can get other great index fund choices. Having said that I'm not very familiar wit...
by retiredjg
Fri Aug 28, 2015 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Managed Accounts
Replies: 12
Views: 446

Re: Managed Accounts

People here would be happy to make suggestions for a reasonable low cost portfolio at Fidelity. They have some excellent choices. Vanguard has a an even better list of excellent choices, but I suspect you already know and like Fido and there is no reason to change unless you just want to. See the li...
by retiredjg
Fri Aug 28, 2015 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

Did it give you the whole $600 or keep $75? At Vanguard, it will take either $1,000 or $3,000 to buy any mutual fund. Suggest you start with a target date fund ($1,000) and then just add to it as you want, getting $600 in within 60 days and all $5,500 by the end of the year if you have the money. If...
by retiredjg
Fri Aug 28, 2015 3:43 pm
Forum: Investing - Theory, News & General
Topic: Exchanging funds in ira
Replies: 7
Views: 419

Re: Exchanging funds in ira

I'm having a mental image of people all over the country staring at their computer screens and scratching their heads. But maybe somebody will have an answer.
by retiredjg
Fri Aug 28, 2015 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

I am confused about a rollover. If I withdraw the money, then open a Vanguard Roth IRA and deposit the $600, then I have moved the funds - correct? Is that considered a rollover? If you do it within 60 days, it is a rollover. Note that the terms "roll", "rollover", etc. get used...
by retiredjg
Fri Aug 28, 2015 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Dear In-Laws: Less toys, more 529
Replies: 29
Views: 2156

Re: Dear In-Laws: Less toys, more 529

Here are a few thoughts. 1) It is possible they don't even know you would like or accept contributions to a 529 account. They might be delighted to to that. It is also possible they don't even know that such things exist. If you are accustomed to having financial conversations, ask their opinion on ...
by retiredjg
Fri Aug 28, 2015 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

Wait, from what I gathered, you are saying I can take out the $600 and have 60 days to put it back into a Roth IRA account. The only reason I would put it back in savings is so I can just do an EFT from my bank to Vanguard for the new Roth IRA. Will this work? I would put it back in immediately. Ye...
by retiredjg
Fri Aug 28, 2015 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: You want a VA in your IRA?
Replies: 1
Views: 163

Re: You want a VA in your IRA?

What a shame to lose such a valuable opportunity. :P
by retiredjg
Fri Aug 28, 2015 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Managed Accounts
Replies: 12
Views: 446

Re: Managed Accounts

Apparently the AUM advisory service at Fido is named "Stragegic Advisors". Their fees start at 1.7% (in addition to the fund fees which are also known as "expense ratios") and go down a little as you have more money invested with them. https://www.fidelity.com/bin-public/060_www_...
by retiredjg
Fri Aug 28, 2015 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

The question remains if I should even bother with the transfer. I just have uninvested cash in the account equal to my contribution. It was opened this week (the Roth IRA with TD Ameritrade). It would be easier to transfer the cash back to my savings, then open a Roth IRA with Vanguard. No assets/s...
by retiredjg
Fri Aug 28, 2015 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Managed Accounts
Replies: 12
Views: 446

Re: Managed Accounts

Should I trust part of my portfolio in a managed account with their strategic funds? Probably not. :shock: You could be asking a couple of different questions and I'm not sure what "their strategic funds" might be…but this sounds suspiciously like an AUM (assets under management) account ...
by retiredjg
Fri Aug 28, 2015 11:07 am
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

Thank you all. I am going to go ahead and move to a Roth IRA account with Vanguard. I will setup automatic monthly contributions, and deposit my $5500 on hand overtime. I still want to contribute $5500 for this year, so I have until March/April 2016 to contribute to 2015, yes? If so, I can go ahead...
by retiredjg
Fri Aug 28, 2015 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Help getting off the sideline
Replies: 10
Views: 1054

Re: Help getting off the sideline

Morpheus, you are running 3 portfolios instead of one and each portfolio has a different amount of risk (stock to bond ratio). This is one way to do things, but sometimes it is not the most effective way to do things. In your case, since you have good choices in your 401k, I'm not sure it is going t...
by retiredjg
Fri Aug 28, 2015 10:07 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies [Tax Loss Harvesting]

I'll give it a shot. The govt didn't want people to sell at a loss and then just rebuy what they sold. After all, the government does want its money and activity around that type of a loophole would just be egregious. So they prevented that by saying you can't rebuy the same stuff within 30 days. If...
by retiredjg
Fri Aug 28, 2015 9:12 am
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

It won't matter financially what you invest in, although it might matter emotionally. If you add another $5,500 next year, your investment will double - the return from the investment is trivial in relation to that. You could be all bonds or all stock and your investments will double because of the ...
by retiredjg
Fri Aug 28, 2015 8:31 am
Forum: Investing - Theory, News & General
Topic: Exchanging funds in ira
Replies: 7
Views: 419

Re: Exchanging funds in ira

Whether I have a ira or Roth, can I exchange from one fund to another within the ira without having to deal with penalties, taxes, etc? Or is this considered a sell\buy? An exchange is a sale followed by a purchase using the same money. Within an IRA, there is no tax and no penalty from the IRS for...
by retiredjg
Fri Aug 28, 2015 8:22 am
Forum: Investing - Theory, News & General
Topic: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"
Replies: 12
Views: 724

Re: "2 Low-Cost ETFs for Broad U.S. Stock Exposure"

Interesting bit of information.
by retiredjg
Fri Aug 28, 2015 8:18 am
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

By the way, you cannot invest in a Roth IRA without compensation. Do you have a job?
by retiredjg
Fri Aug 28, 2015 8:17 am
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice on retirement investing
Replies: 36
Views: 1174

Re: College student looking for advice on retirement investing

Is the market overvalued right now? This is something that worries me. Probably not. It is not impossible for the market to drop and not go back up again (this did happen in Japan) but it is probably unlikely. Is it better for me to invest in ETFs rather than index funds? I ask this, because I've r...
by retiredjg
Fri Aug 28, 2015 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Mother of All Tax Loss Harvesting Threads
Replies: 243
Views: 59838

Re: Mother of All Tax Loss Harvesting Threads

May be a good idea to bring this one up again, but a few things have changed. For example, I don't think the IRS ruling bringing IRA investments into the wash sale mix had occurred when this thread started. And International funds have changed so frequently since 2008 that some things that used to b...
by retiredjg
Fri Aug 28, 2015 7:03 am
Forum: Investing - Help with Personal Investments
Topic: My 401K Choices - Screenshot attached
Replies: 6
Views: 538

Re: My 401K Choices - Screenshot attached

As far as your list is concerned, the Ssga 500 Index, the Vanguard Total Bond Index and the target funds are probably the best choices for that account. Not knowing your other investments, it is not possible to tell you the best choice for your portfolio. You'll need to decide your own asset allocat...
by retiredjg
Thu Aug 27, 2015 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rolled Over into an IRA. Is this a good allocation?
Replies: 11
Views: 588

Re: 401K Rolled Over into an IRA. Is this a good allocation?

Not enough information. Take a look at the link at the bottom of this message for how to get good answers to this type of question. It's some work, but you will learn a lot.
by retiredjg
Thu Aug 27, 2015 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor a re-characterized IRA?
Replies: 12
Views: 468

Re: Backdoor a re-characterized IRA?

Gustie, a little voice whispering in my ear says the 30 day wait applies to recharacterizing a conversion, not a contribution. I'm thinking that is right and that I have remembered it wrong, and probably not for the first time. The little voice may have whispered too softly for you to have heard th...
by retiredjg
Thu Aug 27, 2015 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help getting off the sideline
Replies: 10
Views: 1054

Re: Help getting off the sideline

1. What fund(s) should I chose in my 401k account? Why? For the lowest cost portfolio, consider getting rid of the target fund and replacing it with index funds. The target fund is reasonably priced, but you can do better if you are willing to do a little work a few times a year. Apparently you kno...
by retiredjg
Thu Aug 27, 2015 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor a re-characterized IRA?
Replies: 12
Views: 468

Re: Backdoor a re-characterized IRA?

Gustie, a little voice whispering in my ear says the 30 day wait applies to recharacterizing a conversion, not a contribution. I'm thinking that is right and that I have remembered it wrong, and probably not for the first time. :oops:

Sounds like it does not matter though. Good catch, Alan!
by retiredjg
Thu Aug 27, 2015 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor a re-characterized IRA?
Replies: 12
Views: 468

Re: Backdoor a re-characterized IRA?

Once I recharacterize the Roth contributions to a Traditional IRA, can I turn right back around and backdoor to a Roth IRA? Yes. I am pretty sure there is a 30 day waiting period though. Also if you have other IRAs (SEP, SIMPLE, other tIRAs), they will interefer with your back door. - Would it be a...
by retiredjg
Thu Aug 27, 2015 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason not to convert Post tax 401k to Roth 401k ?
Replies: 14
Views: 977

Re: Any reason not to convert Post tax 401k to Roth 401k ?

My husband's plan actually has very good ER options at Fidelity, lower than what we can get at Vanguard! Would that make you more likely to use the in plan Roth 401k option, or does the freedom of a Roth IRA still beat the low ER options his plan has ? I think this boils down to personal preference...
by retiredjg
Thu Aug 27, 2015 1:10 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies [Tax Loss Harvesting]

Say I tax loss harvested VTIAX and bought VFWAX in my taxable account. I also have VTIAX in my Roth, which is going to get a dividend in September. I should turn off the reinvestment option on the VTIAX in my Roth? Is it ok to have that dividend from VTIAX go to another of my funds say Total US? If...
by retiredjg
Thu Aug 27, 2015 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Help 2 grow 90k invest fairly fast
Replies: 89
Views: 5741

Re: Help

How do I do this on this thread? I think it would be best to start a new thread for this rather than add it to the bottom of a long and somewhat confusing discussion. Put all the information in the new thread, in the format given - that helps people find what they need to help you. You can referenc...
by retiredjg
Thu Aug 27, 2015 7:25 am
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies [Tax Loss Harvesting]

It should be noted that you can use Betterment without using their TLH+ service. I assume that is true for the other robos as well. They are not going to take responsibility for your wash sales. They tell you up front what to do to avoid it and they even go so far as to include work plans in the acc...
by retiredjg
Wed Aug 26, 2015 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: High income earner and Roth 401k
Replies: 4
Views: 490

Re: High income earner and Roth 401k

Do you have access to a defined cash benefit plan? I'm not even sure what that is.
by retiredjg
Wed Aug 26, 2015 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Retired - want advice on reducing brokerage costs and changing investment plan
Replies: 5
Views: 320

Re: Retired - want advice on reducing brokerage costs and changing investment plan

I would not suggest USAA. They don't have a very good selection of low cost index funds. Fidelity would be OK if you only use the Spartan Index Funds. I think if you went to an office you might get wooed into using some of the actively managed funds - some of which have very high expenses. Or they m...
by retiredjg
Wed Aug 26, 2015 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest - Wash Sale - Your 401k
Replies: 14
Views: 644

Re: Tax Loss Harvest - Wash Sale - Your 401k

rkhusky wrote:Just because the ruling is applied to an IRA, doesn't mean that it doesn't also apply to a 401(k).

Yes, but, when it comes to court decisions, it doesn't until it does. I'm sure that cleared up things for everybody. :twisted:
by retiredjg
Wed Aug 26, 2015 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest - Wash Sale - Your 401k
Replies: 14
Views: 644

Re: Tax Loss Harvest - Wash Sale - Your 401k

I tend to agree with the people who have posted (including Alan S in the link that was posted above by jarda) - that work plans (probably) don't count. But…if you look at the TLH and wash sale information at Betterment, they do include the family 401k/etc plans. This could be from an over-abundance ...
by retiredjg
Wed Aug 26, 2015 4:51 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies

From what I have read, If your fidelity fund tracks sp500 and vanguard fund also tracks SP500, then they should be substantially identical and will trigger wash sale if timing is not right. There are differing opinions even on this. Yes, two funds tracking the same index will be very similar. But s...
by retiredjg
Wed Aug 26, 2015 4:46 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies

Several of the old guard on this site claim TLH takes two minutes and is as easy as the click of a couple of buttons. I'm finding that not to be so... especially not if I have to take all of my 403(b) and 457(b) holdings and exchange *those* into something else, too, just to avoid a wash sale. If I...
by retiredjg
Wed Aug 26, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest - Wash Sale - Your 401k
Replies: 14
Views: 644

Tax Loss Harvest - Wash Sale - Your 401k

With all the tax loss harvest (TLH) questions, it might be a good time to discuss if the funds in your 401k/403b/457b and your spouse's 401k/403b/457b are or are not involved in a potential wash sale . I thought I knew the answer, but further research indicates I might not. I thought it might be goo...
by retiredjg
Wed Aug 26, 2015 3:26 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies

Thank you. The 61 days is more a response to Vanguard apparently having some rule about buying out of and back into a fund too frequently. So they have a 61 day rule to discourage "day trading," essentially. Yes, that did occur to me after I typed it. Edited above. Have you looked in the ...
by retiredjg
Wed Aug 26, 2015 3:13 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 77
Views: 3481

Re: TLH for absolute dummies

Step 3: Sell current funds, buy alternate funds. Make sure this is done the same day (one easy one to ensure it: pressing the "exchange" button instead of doing a separate "buy" versus "sell"). Hold for 61 days. Step 4: Sell alternate funds, (re)buy current funds on Da...

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