Search found 22 matches

by Audi3470
Sun Jul 09, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Buying and Selling within a Roth/401K
Replies: 2
Views: 237

Buying and Selling within a Roth/401K

Since this is more of a general question and not specific to me, I figured I could start a new thread for it. I know that you don't have to pay taxes on your annual capital gains, or any other income earned in the account, for tax-sheltered accounts when you buy and sell within a 401K or Roth IRA. T...
by Audi3470
Thu Jul 06, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vanguard Investor with a Taxable Account

It seems like with my retirement portfolio, I had the right questions given your three options. My follow-up would be: If I'm contributing $500 to my Roth every month currently and I were to switch from the Target Retirement date fund to the TSM, I would have to wait 6 months and keep putting my Ro...
by Audi3470
Thu Jul 06, 2017 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vanguard Investor with a Taxable Account

It seems like with my retirement portfolio, I had the right questions given your three options. My follow-up would be: If I'm contributing $500 to my Roth every month currently and I were to switch from the Target Retirement date fund to the TSM, I would have to wait 6 months and keep putting my Ro...
by Audi3470
Thu Jul 06, 2017 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vanguard Investor with a Taxable Account

It seems like with my retirement portfolio, I had the right questions given your three options. My follow-up would be: If I'm contributing $500 to my Roth every month currently and I were to switch from the Target Retirement date fund to the TSM, I would have to wait 6 months and keep putting my Ro...
by Audi3470
Thu Jul 06, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vanguard Investor with a Taxable Account

Suggest keeping things simple. Why? The perfect investments over your time horizon can not be known in advance, so like in horseshoes and hand grenades, all you need to do is get close. Suggest keeping all of your questions here. Why? You are developing your game plan. It’s not done yet. We’re foll...
by Audi3470
Thu Jul 06, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

I'm confused. I've read on this site that you're supposed to view your entire [retirement investing] portfolio as one, no matter the different timelines you have for [other] goals. ... Ditto the advice of others. The confusion comes from mixing apples and oranges. The article that suggests you have...
by Audi3470
Thu Jul 06, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

Actually... I'd love to get people's opinion on this alternative: Waiting til 10K and investing the whole taxable fund in Vanguard Tax-Managed Balanced Fund (VTMFX) Seems like a plausible option for a medium-term taxable fund no? This five-star fund has a moderate to conservative allocation of rough...
by Audi3470
Thu Jul 06, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

Does this still make sense. I'm hesitant to use 8,000 to buy all at once on one day because we could be at market highs on shaky political foundation. But I guess that's always going to be a setback. If you aren't willing to loose 50% of the money tomorrow you shouldn't do it. I'll give you my 2 ce...
by Audi3470
Thu Jul 06, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

So it'd be, for now: Situation 1: Today: Taxable: Invest $5,000 VTSMX Invest $3,000 VMLTX Over the next few months: Taxable: Invest the next $2,000 of all excess into VTSMX til it's a 70-30 split After that: Taxable: a) Invest evenly between VTSMX and VMLTX (trying to hit Admiral shares in VTSMX) b)...
by Audi3470
Thu Jul 06, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

The slight alteration to that plan could be: instead of using my 401K to buy TBM to offset my taxable stock exposure, I could use my Vanguard Roth to buy NY/Fed Munis since the principal is always more liquid and available unpenalized and it would still be tax-efficient if I'm buying munis. There i...
by Audi3470
Thu Jul 06, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Assess My Financial Picture to Invest my Vanguard Taxable Account

Taxable brokerage account. First, suggest using your checking + savings + brokerage accounts to create a >6-mo emergency fund. In your brokerage account, can use a muni fund. Why? With your upcoming changes, cash is king. One of the senior investors recommends using this combination: limited-term n...
by Audi3470
Thu Jul 06, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

I'm confused. I've read on this site that you're supposed to view your entire portfolio as one, no matter the different timelines you have for goals. If I go by this reasoning: Asset allocation in multiple accounts then I should end up with something like portfolio 3 AFTER I've determined my overal...
by Audi3470
Thu Jul 06, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

I'm confused. I've read on this site that you're supposed to view your entire portfolio as one, no matter the different timelines you have for goals. If I go by this reasoning: Asset allocation in multiple accounts then I should end up with something like portfolio 3 AFTER I've determined my overall...
by Audi3470
Wed Jul 05, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

If you have any low-ER bonds in 401k, that is where I would put them rather than in the Roth IRA which will never be taxed if you follow the time and age rules. Someone asked what funds are available in your 401k. What is the ER of that Target Date fund? If <.30% ER, you could just change to a near...
by Audi3470
Wed Jul 05, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

I am considering placing all of the $8,000 for my taxable account into the Total Stock Market index fund today. Over the rest of the year, I will use my monthly Roth contribution to the Total Bond Market fund instead of the target retirement fund to increase my bond exposure. I will also over the ne...
by Audi3470
Tue Jul 04, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Assess My Financial Picture to Invest my Vanguard Taxable Account

[Thread merged into here, see below. --admin LadyGeek] So I broke it down in Excel myself this morning, and as a 21 year old that has been working in NYC for 9 months living rent-free making 70K pre-tax, my current overall financial portfolio is this: Fidelity 401K (90%S-10%B, Tax-deferred): $5,218...
by Audi3470
Mon Jul 03, 2017 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

As for a home down payment, I think that's an important consideration. The savings should be in a taxable account, and if needed within 5 years, the usual recommendation is zero equity, although up to 20% equity would still be reasonable. For 10 years out, you can use more equity, maybe 50-60% for ...
by Audi3470
Mon Jul 03, 2017 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

For taxable, VTSAX or VTI (Total US Stock). I like the monthly auto-deduction for the Roth IRA early on in your career as you get acclimated to the working world, but try to get to the point where you will max it out in January each year. Just be sure your income is within the limits for being allo...
by Audi3470
Mon Jul 03, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Why Isn't a Taxable Account Considered Part of an Emergency Fund?
Replies: 24
Views: 2050

Why Isn't a Taxable Account Considered Part of an Emergency Fund?

As a relatively new investor in my young 20s, can someone tell me why investing in a taxable individual brokerage account is not commonly considered part of an emergency fund? It seems if I needed to, I could withdraw money from a brokerage account relatively easily. Sure I might incur short term ca...
by Audi3470
Mon Jul 03, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

For taxable, VTSAX or VTI (Total US Stock). I like the monthly auto-deduction for the Roth IRA early on in your career as you get acclimated to the working world, but try to get to the point where you will max it out in January each year. Just be sure your income is within the limits for being allo...
by Audi3470
Mon Jul 03, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

Thank you for the kind advice and words of encouragement. For a little more context, I make $70,000 before tax and my career path has it so in 15 months or so I'll be making ~$95,000. So I did not think maxing out the 401K at $18,000 was advisable in my position since it'd have been ~35% of my curre...
by Audi3470
Mon Jul 03, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3412

Help a 21 y/o Vanguard Investor with a Taxable Account

[Thread updated, see below. --admin LadyGeek] Thanks for any help you can provide. I'm a 21 year old that graduated in 2016 that has had a full time job since September. I have had the advantage of living rent free, but will begin paying rent starting in September. I used that time to start investi...