Search found 10 matches

by Emt1581
Mon Jun 19, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

EMT1581: Do you do your taxes or have them available? Look for your form 1040 and look at line 43. That is your taxable income. Wherever that number falls in the below chart is your marginal tax bracket. Married filing jointly or qualifying widow 10% $0 to $18,550 15% $18,551 to $75,300 25% $75,301...
by Emt1581
Mon Jun 19, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

I'm guessing he's in the 33% bracket based on what he posted re: his effective rate. For the amount of time he has to invest (2-3 years max) and amount (at $2.5k/month he's looking at $90k max at the end of 36 months) taxes are more or less irrelevant anyway. Find a safe place to get 1%-1.2% - ther...
by Emt1581
Mon Jun 19, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

^You did not answer the question. The question is, what is your marginal tax rate? That is, how much will you be taxed on any additional dollars above your current income? That is what you need to know to determine the tax hit of a new investment or the value of an additional deduction. Your overal...
by Emt1581
Mon Jun 19, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

I'm assuming you are in the US. There is no marginal bracket of 30%. Do you mean your effective rate, including state and payroll taxes, is 30%? Your comment on the next bracket is confusing because there's no filing state with a marginal cutoff of $450. If you are MFJ starting brackets at the high...
by Emt1581
Mon Jun 19, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

For me, 0.2% would not be enough to go through the hassle of creating a separate account. Just making the point that MM rates have been normalizing lately. In view of your tax bracket, a muni bond fund would be a good choice--intermediate duration if your time horizon is more than a couple years an...
by Emt1581
Sun Jun 18, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

By the way, you should list your marginal fed and state tax rate. Munis only make sense for high brackets, and long term capital gains can often be lower than you realize. Don't let taxes be the main decider. We pay 30% in taxes. Between the both of us, 3 employers take out taxes automatically and ...
by Emt1581
Sun Jun 18, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

Fyi...Vanguard's Prime Money Market fund offers 1% interest right now. That would be a very safe way to get some return. Wouldn't the GS Savings at a rate of 1.2% be better? I do have a money market fund which basically gets fed all the dividends for one part of my portfolio. I'd actually prefer th...
by Emt1581
Sun Jun 18, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

One can buy many ETFs (the kind that one would want to buy) at many brokers without commission, so Robinhood has no special advantages in that regard. I've never heard that before. What are some examples of brokers (online) that charge 0 startup fees, 0 monthly fees, and 0 fees for buying/selling? ...
by Emt1581
Sun Jun 18, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Re: Saving for investment property...muni bonds vs. ETF's?

Right, I saw that. But ultimately I'm looking to beat taxes, inflation, and fees. Robinhood is amazing in that I can (and do) trade on my phone for free! But my portfolio on their is really just an experiment over the past 1.5yrs to see how it works/does. I've done pretty well. However, the taxman w...
by Emt1581
Sun Jun 18, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Saving for investment property...muni bonds vs. ETF's?
Replies: 22
Views: 808

Saving for investment property...muni bonds vs. ETF's?

I'm saving up to buy an investment property using the profit from one of my jobs. My goal is, in 2-3 years I want to have enough to put a large down payment on a property in a specific part of my town that has 1-2 rental units (apartments) up top and then office space I can use on the ground floor f...

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