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Re: Just maxing out 401k/Roth IRA, how well off will you be

<snip> ...assuming you are a young adult (25-30~) and you just max out a 401k + roth ira every year (and when you reach the "catchup period" maxing that at the new limit as well)until retirement how good in shape would you be ? <snip> If that number is greater than or equal to 15% of your...
by ziszew
Fri Apr 11, 2014 3:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Just maxing out 401k/Roth IRA, how well off will you be ?
Replies: 6
Views: 1137

Re: Should my parents contribute to taxable, Roth or Traditi

Noted - I appreciate both your help and concern. Regarding fee-only planners, I've already contacted some of the commonly-recommended ones on this board, but most of them focus on investment management, not estate/tax planning. In addition, most of them are quite expensive when considering the amou...
by ziszew
Wed Jul 17, 2013 8:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should my parents contribute to taxable, Roth or Traditional
Replies: 21
Views: 523

Re: Should my parents contribute to taxable, Roth or Traditi

Bob's not my name wrote:It depends on so many factors. <<snip>>


Agreed; I should have kept it to Roth over taxable; the Traditional vs Roth and how to convert in this case is quite tricky given the amounts talked about and retirement happening at max SS benefit age.
by ziszew
Wed Jul 17, 2013 7:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should my parents contribute to taxable, Roth or Traditional
Replies: 21
Views: 523

Re: Should my parents contribute to taxable, Roth or Traditi

<<snip>> Can you give a brief example of the type of unintended consequence you're referring to? I figured that if they're better off contributing to a Roth IRA, that contributing to a Roth 401k would be the same or better since they don't have to deal with the backdoor process. Edit: just saw you'...
by ziszew
Wed Jul 17, 2013 7:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should my parents contribute to taxable, Roth or Traditional
Replies: 21
Views: 523

Re: Should my parents contribute to taxable, Roth or Traditi

Short answer: for you , having everything 100% Roth is best (no taxes for you, lots of taxes for them); for them , it's going to depend on a lot of specifics we don't have and not be the same answer as what's best for you. What's best for the principals is best for the heirs. Obviously it's not goo...
by ziszew
Wed Jul 17, 2013 7:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should my parents contribute to taxable, Roth or Traditional
Replies: 21
Views: 523

Re: Should my parents contribute to taxable, Roth or Traditi

<<snip>> With this in mind, does it make sense for them to contribute their marginal dollar of income to their taxable account, a Roth (401k or Backdoor IRA), or a Traditional account (401k or IRA)? If they contribute to a Roth, the money can be passed on tax-free in a Roth account, but if they con...
by ziszew
Wed Jul 17, 2013 7:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should my parents contribute to taxable, Roth or Traditional
Replies: 21
Views: 523

Re: All Wheel Drive vs. Front Wheel Drive

Snow tires make much more of a difference than fwd vs awd. My experience is a hilly, wintry climate does not bear this out. AWD is way more "grippy". And while you extend the time you burn your regular tires, today's snow tires are generally soft and only last a season or two. Plus you ha...
by ziszew
Fri Jul 12, 2013 9:43 am
 
Forum: Personal Consumer Issues
Topic: All Wheel Drive vs. Front Wheel Drive
Replies: 52
Views: 6435

Re: Sacrifices: Saving 50% of Take Home Pay?

Nothing wrong with your goal, and very doable. Your combined income will be $115k. You want to save $50k/year. I don't see how there are great sacrifices involved in two people living off $65k year before taxes. Perfectly doable. <<snip>> How will the OP be able to save $50K before taxes? - 2 401ks...
by ziszew
Fri Jul 12, 2013 8:57 am
 
Forum: Investing - Help with Personal Investments
Topic: Sacrifices: Saving 50% of Take Home Pay?
Replies: 44
Views: 6089

Re: VG warning--always check your cost basis on confirms

I did an exchange for TLH purposes last week. However, the specific share lot I chose to sell and that showed up on the confirmation screen was not the one that Vanguard actually ended up selling (the used FIFO when actually executing the trade for some reason). I contacted them this morning and th...
by ziszew
Tue Jul 09, 2013 7:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: VG warning--always check your cost basis on confirms
Replies: 6
Views: 1773

Re: Vanguard Wash Sale Conundrum - ALERT

OK, was it corrected to your satisfaction? Do I still need to create a wash sale? This is interesting (and thanks for the 56-602 blurb, didn't have that info); I have some VPADX that falls under that Rev. Rul. I can sell at a loss via SpecID which is not a wash (assuming no additional purchases ove...
by ziszew
Thu May 30, 2013 11:34 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Wash Sale Conundrum - ALERT
Replies: 33
Views: 5266

Re: A simple 401k to IRA rollover sanity check

<<snip>> Rolling wife's 401(k) to an IRA may give up many protections afforded qualified plans under ERISA (varies by state for IRA - do your homework). You offer no compelling reason to do the rollover in your post. Is her plan really bad or expensive? <<snip>> I will have to do some research on E...
by ziszew
Tue May 28, 2013 8:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: A simple 401k to IRA rollover sanity check
Replies: 7
Views: 709

Re: Transfer of stock to a charity - is this a no brainer?

I think it's a no-brainer vs. donating cash, if the amounts are large enough. In terms of burden on the charity, have you considered converting your mutual fund shares to ETF first? AFAIK, you should be able to do it on just a small amount. It preserves the cost basis, but of course it has to be a ...
by ziszew
Tue May 28, 2013 7:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Transfer of stock to a charity - is this a no brainer?
Replies: 17
Views: 1026

Re: Vanguard Wash Sale Conundrum - ALERT

Update <<snip>> I'm going to purposely create a transaction at Schwab to see how they handle an unusual "wash" sale. I hope Livesoft or someone else retests Vg. To be honest the explanation of what happened in your case is a bit tough to follow, but from Schwab : Here's a quick example of...
by ziszew
Tue May 28, 2013 5:59 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Wash Sale Conundrum - ALERT
Replies: 33
Views: 5266

Re: Bond Duration change in regards to interest expectation?

<<snip>> Here's what I mean when I say "market timing": Market timing is the strategy of making buy or sell decisions of financial assets (often stocks) by attempting to predict future market price movements. The prediction may be based on an outlook of market or economic conditions resul...
by ziszew
Thu May 23, 2013 9:02 am
 
Forum: Investing - Theory, News & General
Topic: Bond Duration change in regards to interest expectation?
Replies: 25
Views: 1315

Re: portfolio review for tax efficiency

You're pretty much there. In an ideal world you could swap SV with the 500 in your 401k (it's QDI runs in the 50-75% range each year whereas 500 tends to be 100%), although most likely not possible given most 401k plan offerings. That would be good for about 25-50 basis points depending on your tax ...
by ziszew
Fri May 17, 2013 5:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: portfolio review for tax efficiency
Replies: 11
Views: 729

Re: Vanguard Flagship Phone Problem

I've spent more than an hour on the phone during the past two days waiting for a response from my(or for that matter any) Flagship representative. When one woman finally answered the phone, she seemed to know less than I about Vanguard procedures.The issue is a minor(I believe) tax issue, but the s...
by ziszew
Thu May 16, 2013 12:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship Phone Problem
Replies: 6
Views: 755

Re: Help w/ investing in Taxable accounts [US citizen in Swe

Hi all, I've been reading the Bogleheads book but am still very much a beginner on the scene. I am 25, American citizen, but make my living from abroad (Sweden). Since I don't make my income in USA I am not eligible to open a non-taxable accounts. I really really want to bun one of those all-in-one...
by ziszew
Mon May 06, 2013 9:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help w/ investing in Taxable accounts [US citizen in Sweden]
Replies: 20
Views: 936

Re: A graphic on the role of bonds

The first point you made is great but all you guys are missing EVEN BIGGER DISASTER IN TREASURIES GOING ON RIGHT NOW. <<snip>> Bill From the outside looking in, it seems these discussions break down to two camps talking about different bond "needs"; for some it's a portfolio tool, for oth...
by ziszew
Mon May 06, 2013 7:36 pm
 
Forum: Investing - Theory, News & General
Topic: A graphic on the role of bonds
Replies: 51
Views: 5325

Re: Is selling a rental property at a loss a TLH?

If you have an old house you've been renting out, that has gone down in value, can you sell it for a loss and treat that loss as a TLH? Read Publication 544. Link: http://www.irs.gov/pub/irs-pdf/p544.pdf You're also going to want to have a read of Publication 523 that deals specifically with sellin...
by ziszew
Mon May 06, 2013 6:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is selling a rental property at a loss a TLH?
Replies: 5
Views: 795

Re: My son's 401K options

<<snip>> Great analysis. You're really splitting hairs here. It's likely the OP's son will not lose his investment with the Dodge and Cox Income fund, and when and if the OP's son makes enough to contribute to either a Roth or an TIRA, he can then revisit his bond allocation. I have no problems wit...
by ziszew
Sat May 04, 2013 12:34 am
 
Forum: Investing - Help with Personal Investments
Topic: My son's 401K options
Replies: 18
Views: 1324

Re: My son's 401K options

<<snip>> If (Dodge and Cox) indicates it holds 46 percent in corporates, where are you getting the "it's heavy in MBS" from? They are ~32% of all holdings, and given the low Treasury holdings of ~9% (compared to 26% and 44% respectively for TBM) I consider that "heavy" towards M...
by ziszew
Fri May 03, 2013 8:53 am
 
Forum: Investing - Help with Personal Investments
Topic: My son's 401K options
Replies: 18
Views: 1324

Re: My son's 401K options

You want him to be in 100% equities? At this point, why not? Do you think DODIX is an appropriate diversifier? I have no idea what these Alerus funds are. Keith Er ratio of 0.43 698 issues 45.7% Corporate Duration 3.7 I'd put 20% into this fund - er ratio isn't that terrible and the fund has a good...
by ziszew
Fri May 03, 2013 12:09 am
 
Forum: Investing - Help with Personal Investments
Topic: My son's 401K options
Replies: 18
Views: 1324

Re: Frontline--The Retirement Gamble

I was planning on asking my company to include index TSM/TBM options prior to this, but it made it a LOT easier. I got to work this morning, chatted with a coworker and found out he too watched this Frontline... I went to HR, explained that I was interested in more investment options in our 401k, e...
by ziszew
Thu Apr 25, 2013 12:36 am
 
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 318
Views: 35457

Re: Frontline--The Retirement Gamble

<<snip>>I know several people who work for large companies, know that indexing is great, but their large companies do not offer those choices and have no desire to add them. What are they to do? Others here have posted good success with doing the math, bringing it to their HR/Benefit people and hav...
by ziszew
Thu Apr 25, 2013 12:16 am
 
Forum: Investing - Theory, News & General
Topic: Frontline--The Retirement Gamble
Replies: 318
Views: 35457

Re: WSJ: William Bernstein on bond allocation

^ Refinement is fine. I just have a hard time believing everyone "refining" their portfolio to shorter-term bonds will have the conviction and discipline to keep it there for the long term. And if they don't, there's a high probability it will be to their detriment. And there's the rub. I...
by ziszew
Thu Apr 25, 2013 12:08 am
 
Forum: Investing - Help with Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 7677

Re: BigMoney Jobs(high school student wants to be rich some

gkaplan wrote:Plastics, young man. Plastics.


I had to look it up. Hilarious
by ziszew
Thu Apr 25, 2013 12:02 am
 
Forum: Personal Finance (Not Investing)
Topic: BigMoney Jobs(high school student wants to be rich some day)
Replies: 102
Views: 7189

Re: WSJ: William Bernstein on bond allocation

I haven't seen anywhere he's recommended intermediate term From Four Pillars and Investor's Manifesto, his Taxable Ted and In-Between Ida portfolios mixed intermediate with short term bonds. His Sheltered Sam portfolio recommended the Vanguard TIPS fund, which is either intermediate or long-term, d...
by ziszew
Wed Apr 24, 2013 11:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 7677

Re: VBS limit order executed after session closed

VSS@93.52 (close was 93.77) Limit Duration: Day Executed at 4:11:46 PM EST OP wrote that trade was executed at 4:11 PM EST. Assuming correct transcription, that would put the time of execution at 3:11 pm EDT, which I think was around the time of the initial partial execution. OP here. Incorrect tim...
by ziszew
Wed Apr 24, 2013 10:32 pm
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: Where to put an emergency fund?

<<snip>> I also don't see the point of putting 3 years of emergency money into a money-market fund. Money market paper is for ultra-short term liquidity for money you might need to spend NOW. Some EF money should be in a MMF but certainly not the stuff you're saving for years 2 or 3. If 3 years is ...
by ziszew
Wed Apr 24, 2013 10:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Where to put an emergency fund?
Replies: 9
Views: 1193

Re: Questions about Fee-Only Financial Advisor

<<snip>> The other ¾ are all over the places(Schwab, Fidelity, Vanguard, Chase…etc) with roughly half of those in stock index funds with sizeable taxable capital gains if I sell them. Questions: With ~1/3 of my portfolio cannot be moved(capital gains) and I’m already reasonably versed in Bogle inve...
by ziszew
Wed Apr 24, 2013 9:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Questions about Fee-Only Financial Advisor
Replies: 18
Views: 1836

Re: BigMoney Jobs(high school student wants to be rich some

<<snip>> I would disagree that the best advice is to do what you want to do. One of the reasons our society has such a huge student loan problem is too many people took that advice and spent $100,000 on a degree in Egyptology, only to find out that even though they really liked their field, the num...
by ziszew
Wed Apr 24, 2013 9:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: BigMoney Jobs(high school student wants to be rich some day)
Replies: 102
Views: 7189

Re: WSJ: William Bernstein on bond allocation

My recollection was that Bernstein's prior model portfolios recommended short or intermediate bond funds. A recommendation of rolling t bills is equivalent to sticking with MM funds. I don't recall any of his model portfolios recommending maintaining durations that short. I haven't seen anywhere he...
by ziszew
Wed Apr 24, 2013 8:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 7677

Re: BigMoney Jobs(high school student wants to be rich some

Once he narrows down some career options, he might go shadow or intern to see if he likes it. For now, his main interests are money and sports. (He's been investing in a Roth IRA since age 16.) His interests line up with about 98% of every adolescent male (tongue planted firmly in cheek). There is ...
by ziszew
Wed Apr 24, 2013 7:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: BigMoney Jobs(high school student wants to be rich some day)
Replies: 102
Views: 7189

Re: WSJ: William Bernstein on bond allocation

I concur with the above... are we talking about the change in course being the approach to thinking of two portfolios, one for necessary expense matching and the other for growth (mentioned above)? If memory serves (which it doesn't always), he's always had a version of the "bucket" appro...
by ziszew
Wed Apr 24, 2013 7:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 7677

Re: BigMoney Jobs(high school student wants to be rich some

What Rick said... Or, to put it succinctly, do something that makes you want to get out of bed in the morning. I come from a large family and have siblings/cousins in each of those fields. What Rick said... ...and go to the school library and check out The Millionaire Next Door. In my experience, pe...
by ziszew
Wed Apr 24, 2013 6:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: BigMoney Jobs(high school student wants to be rich some day)
Replies: 102
Views: 7189

Re: WSJ: William Bernstein on bond allocation

The risk of rising interest rates has ALWAYS been present, regardless of the interest rate. The market has ALWAYS set prices to compensate for maturity risk. Bernstein is saying "it's different this time," justifying his change in course. I think his line of thinking is more dangerous tha...
by ziszew
Wed Apr 24, 2013 6:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: WSJ: William Bernstein on bond allocation
Replies: 54
Views: 7677

Re: VBS limit order executed after session closed

Well, kudos to Vanguard for providing such a good service. <<snip>> Yes, it was. It was more the surprise factor combined with the "how the heck did that happen" unknown that led me to post, given it was a Day order (and not GTC as in your case). Add in the fact that they called me to all...
by ziszew
Wed Apr 24, 2013 5:28 pm
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: any suggestions on a ccw [Concealed Carry Weapon]

<<snip>> Please attend an NRA basic pistol class. An attorney once told a class, only shoot if you have to, after giving a warning, don't say anything until you have a lawyer, and be prepared to spend a large portion of your life savings to defend yourself. <<snip>> Best advice yet. Also, meet with...
by ziszew
Wed Apr 24, 2013 5:22 pm
 
Forum: Personal Consumer Issues
Topic: any suggestions on a ccw [Concealed Carry Weapon]
Replies: 92
Views: 7091

Re: VBS limit order executed after session closed

What you mean is they called you because of the unique nature of the ETF transaction? You didn't mean they saw this boglehead post, right? The latter, not the former. Apparently they really pay attention to what happens on these boards...(given the details I posted it probably wasn't hard for someo...
by ziszew
Wed Apr 24, 2013 4:58 pm
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: VBS limit order executed after session closed

ftobin wrote:Strange. I wonder who took the other side of the trade.


Indeed. Curious why and how that particular sausage is made.
by ziszew
Wed Apr 24, 2013 11:58 am
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: VBS limit order executed after session closed

Update: Vanguard just called me. Apparently, they pay attention to what goes on around here and decided to clear up any confusion over what happened (excellent proactive customer service and a little creepy all at the same time). The nice and cheerful rep explained that partial orders sitting open a...
by ziszew
Wed Apr 24, 2013 11:25 am
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: Yahoo Finance Top Story - Jack Bogle is Right!

Our 401k had similar type fees for a couple of years....wrap fee of around .7%, high ER's based on the funds, plus a 1.25% advisor fee if people wanted "help'. I took a spreadsheet into the CEO and HR folks and the numbers after 10 years were shocking. Changes were made within a year. Ed Well ...
by ziszew
Wed Apr 24, 2013 9:21 am
 
Forum: Investing - Theory, News & General
Topic: Yahoo Finance Top Story - Jack Bogle is Right!
Replies: 7
Views: 1810

Re: VBS limit order executed after session closed

I agree. The confirmation was probably late, not the trade, especially since it sounds like it was an odd-lot order. Call VBS to confirm. Thanks. It was an odd lot and partially executed at around 3 pm, with the rest sitting open until close. What was strange was that the order status page still on...
by ziszew
Wed Apr 24, 2013 9:17 am
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: any suggestions on a ccw [Concealed Carry Weapon]

How about a tazer or some pepper spray? Cheaper and not life ending. Tasers can be; the legal status for my former employer put it in the "lethal" category for the use of force test; that, and the civilian version has a fairly limited range, can be stopped by heavy clothing (i.e. leather ...
by ziszew
Tue Apr 23, 2013 10:43 pm
 
Forum: Personal Consumer Issues
Topic: any suggestions on a ccw [Concealed Carry Weapon]
Replies: 92
Views: 7091

Re: VBS limit order executed after session closed

Just double checked the details: VSS@93.52 (close was 93.77) Limit Duration: Day Executed at 4:11:46 PM EST Partially executed a few hours before (1/4 of shares), left it as it was decently below bid at the time. Wanted to have some "talking points" before calling VBS... Thoughts? Edit: de...
by ziszew
Tue Apr 23, 2013 10:17 pm
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

VBS limit order executed after session closed

A new-to-me trade happened today: Had a partially executed buy limit order (day) happen for VSS through VBS mid-day, order stayed open for the remainder of the day, but then oddly executed the remainder at 4:11PM EST; I was under the impression that it would have expired at the end of the session (4...
by ziszew
Tue Apr 23, 2013 9:41 pm
 
Forum: Investing - Theory, News & General
Topic: VBS limit order executed after session closed
Replies: 21
Views: 1436

Re: Are Americans over-invested in Equities?

I cam across this article earlier today that caught my eye: http://pragcap.com/gundlach-there-is-no-bond-bubble I was wondering what you guys/gals thought about the idea that Americans are nearly twice as invested in securities as our overseas brethren. <<snip>> If you look at world capital markets...
by ziszew
Mon Apr 22, 2013 1:38 pm
 
Forum: Investing - Theory, News & General
Topic: Are Americans over-invested in Equities?
Replies: 15
Views: 2848

Re: VWAHX (High Yield MUNI) and AMT?

Can anybody explain what AMT is, and how it impacts this particular muni fund? Thanks. A basic explanation here . It has a (relatively) higher percentage of private activity bonds compared to typical non-HY funds, which may (or may not) be subject to taxation depending on your specifics; a rough gu...
by ziszew
Tue Apr 16, 2013 5:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: VWAHX (High Yield MUNI) and AMT?
Replies: 8
Views: 806

Re: Financial advice for a newbie high earner

For setting up the backdoor Roth- if I have a traditional IRA now with 3k in it, what should I do about this account? I have not contributed anything for 2013. You'll take a tax hit in the short-term, but you can do the max tIRA contribution this year, then... I would convert the ENTIRE tIRA to a r...
by ziszew
Wed Mar 20, 2013 11:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial advice for a newbie high earner
Replies: 78
Views: 7614

Re: Financial advice for a newbie high earner

<snip> So, to be clear, you are advising him that "keeping up with the Joneses" is a good career move? <snip> I am going to disagree with the idea that purchasing a new vehicle is in any logical way an investment in his career and that it will gain him respect from his peers. There isn't ...
by ziszew
Wed Mar 20, 2013 10:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Financial advice for a newbie high earner
Replies: 78
Views: 7614
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