Search found 2920 matches

by JamesSFO
Wed Feb 14, 2018 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 64
Views: 3609

Re: Is This Action by Megacorp Legal?

I find it hard to imagine a MegaCorp actually would get this wrong, remapping funds happens regularly. When we switched MMkt funds for our SME in 2017 we had to send notices and wait and what not. Even though the impact to participants would have been 0 (nobody at our SME 401K uses the MMkt regularl...
by JamesSFO
Sun Feb 11, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help choosing 401k options
Replies: 12
Views: 812

Re: Help choosing 401k options

You should spell out the fund names + provide expense ratios to get better responses.
by JamesSFO
Wed Feb 07, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: 7/1 year ARM loan and additional monthly payments
Replies: 17
Views: 1006

Re: 7/1 year ARM loan and additional monthly payments

What are the caps on the per year change in the ARM? How about the lifetime cap? Given the changes in the tax laws for 2018+, a new mortgage might not be deductible to the same degree based on the amounts mortgaged so that's another question for you to clarify. Personally, I would continue paying t...
by JamesSFO
Wed Feb 07, 2018 3:27 am
Forum: Personal Finance (Not Investing)
Topic: 7/1 year ARM loan and additional monthly payments
Replies: 17
Views: 1006

Re: 7/1 year ARM loan and additional monthly payments

What are the caps on the per year change in the ARM? How about the lifetime cap? Given the changes in the tax laws for 2018+, a new mortgage might not be deductible to the same degree based on the amounts mortgaged so that's another question for you to clarify. Personally, I would continue paying th...
by JamesSFO
Wed Feb 07, 2018 3:25 am
Forum: Investing - Help with Personal Investments
Topic: Which 529 for CA resident? Utah vs NY vs MA vs NV?
Replies: 17
Views: 713

Re: Which 529 for CA resident? Utah vs NY vs MA vs NV?

California's own plan has quite low expense ratios for the index funds.
by JamesSFO
Thu Feb 01, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Do you see any issues with my investment policy statement?
Replies: 13
Views: 833

Re: Do you see any issues with my investment policy statement?

I would say one thing that a few folks here have commented is not being more extreme than 80/20 or 20/80 [stock vs. bond mix]. (Implicitly it seems you are at 0% bonds right now ignoring the EFund.)

Otherwise seems sound and well thought out.
by JamesSFO
Wed Jan 31, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Do you see any issues with my investment policy statement?
Replies: 13
Views: 833

Re: Do you see any issues with my investment policy statement?

Cannot access w/o requesting permission might want to fix that.
by JamesSFO
Mon Jan 29, 2018 12:10 am
Forum: Investing - Theory, News & General
Topic: The ''Bulletproof'' Wait and See Portfolio - Anti-Inflation and Minimum Risk
Replies: 49
Views: 5231

Re: The ''Bulletproof'' Wait and See Portfolio - Anti-Inflation and Minimum Risk

You likely will get better responses if you edit your post to explain what the ETFs are rather than just tickers. I have no idea what TLT is for example...
by JamesSFO
Sat Jan 27, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Selling individual tax lots
Replies: 11
Views: 769

Re: Selling individual tax lots

Admiral wrote:
Sat Jan 27, 2018 8:09 am
Right, that's why I said "assuming all shares held one year or more."
Sorry missed that somehow. DOH!
by JamesSFO
Sat Jan 27, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: solo 401k advice
Replies: 6
Views: 464

Re: solo 401k advice

We set ours up through Ubiquity in order to have the Roth components and all 4 sub accounts are held at Schwab (DW & I). The yearly fee is $215 which I don't love but at least it's deductible. I'm sure there are cheaper/free options to get the Roth part but in 2007 there weren't. I would NOT use Ub...
by JamesSFO
Sat Jan 27, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Selling individual tax lots
Replies: 11
Views: 769

Re: Selling individual tax lots

Keep in mind holding period may matter, if A-F all are >1 year old (or all <1 year old) no difference, but if B-F are <1 year then short term capital gains rate may be higher than long term capital gains rate if say A was >1 year.
by JamesSFO
Sat Jan 27, 2018 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Sanity check on fees
Replies: 18
Views: 1079

Re: Moving from SEI to Vanguard funds

What is SEI?

What do they do for you? What sort of holdings do they have?

(Guess: https://en.wikipedia.org/wiki/SEI_Investments_Company)
by JamesSFO
Sat Jan 27, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Money in tIRA from Backdoor Roth conversion
Replies: 6
Views: 320

Re: Money in tIRA from Backdoor Roth conversion

Assuming this was the gain you had in the tIRA before you did the backdoor conversion. You can see if your institution will "sweep" the .63 over to your Roth, you'll owe tax on that when you file. If your financial institution won't send it over, you can just wait till next year (assuming you do a ...
by JamesSFO
Wed Jan 24, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 108
Views: 24014

Re: Vanguard opens special offices for $1 million clients

Btw have any of these offices actually opened yet?
by JamesSFO
Sat Jan 20, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Learning Swimming @ 40+
Replies: 37
Views: 1826

Re: Learning Swimming @ 40+

I tried at age 40. One thing I did was take the "Total Immersion" class, it was a 2 day program that really helped provide some class room theory + video recordings underwater. But in the end after making valiant attempts for ~2 years after, I never got much beyond one lap at a time and it never "cl...
by JamesSFO
Mon Jan 08, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Missing a Long Term Financial Goal
Replies: 32
Views: 3993

Re: Disappointed in Missing a Long Term Financial Goal

FWIW, I can empathize. I really wanted to pay off my mortgage before I turned 40, I paid it off WHILE I was still 40 but felt some disappointment. You have ~5 years to stay the course and work on this, see what happens.
by JamesSFO
Mon Jan 08, 2018 10:06 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8951

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

I agree that keys to these posts being helpful is: - The milestone is reachable by a large portion of the community, and is inspirational as a result. - The describes how the milestone was reached, and is educational as a result. On the other hand, posts like these would not fit the bill: - I just ...
by JamesSFO
Sun Jan 07, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Life at a crossroad: seeking advice
Replies: 54
Views: 6832

Re: Life at a crossroad: seeking advice

Highly recommend reading the "book designing your life" (https://www.amazon.com/Designing-Your-L ... 01BJSRSEC/) by the Stanford profs who teach a course on how to help decide what to do for jobs/etc.

They provide a nice framework for thinking through these questions.
by JamesSFO
Sun Jan 07, 2018 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Buying a home - revisited
Replies: 8
Views: 533

Re: Buying a home - revisited

Well one person here a few days ago posted a Fed Working Paper ( https://www.frbsf.org/economic-research/files/wp2017-25.pdf ) on the rates of return of everything (e.g. different asset classes) and contributed a result that was surprising to me based on reading here about housing returns not being ...
by JamesSFO
Thu Jan 04, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]
Replies: 25
Views: 3568

Re: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]

Using Vanguard, I made a non-deductible contribution to the trad. IRA, money market fund, on 1/2/18. The funds won't post until next Mon or Tues for me to do the conversion to the Roth IRA! Has anyone else run into this mandatory hold on funds Vanguard imposes? In previous years I've been able to d...
by JamesSFO
Mon Jan 01, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 144
Views: 8739

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

Submitted, thanks, I would say if using the form a mod or should go through this thread and mark entries that are being placed here w/ a note saying it won't be entered or someone should quote them and let them know they need to submit.

Form is much better!
by JamesSFO
Mon Jan 01, 2018 2:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]
Replies: 25
Views: 3568

Re: Vanguard glitch: don't contribute 2018 IRA now! [FIXED NOW]

What are the recommended steps for a Backdoor Roth? (My first year doing it). I think I remember Whitecoat Investor says he plans on doing it on the 2nd and 3rd. Any reason why one can't do it on the 1st and 2nd? Thanks and Happy New Year!! The securities markets are closed in observance of New Yea...
by JamesSFO
Sun Dec 31, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7178

Re: So, how was the year ? Gains made and Lessons learnt ?

FWIW, I just decided to check Vanguard's "Personal Performance" page, they are computing a higher % increase even factoring contributions: 19.8% vs. 17% when I just compared balances (vanguard has most, but not all, of my funds) and again I'm 70% stock/30% bond and w/in stock 70/30 us/intl.
by JamesSFO
Sun Dec 31, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7178

Re: So, how was the year ? Gains made and Lessons learnt ?

how are most people calculating returns including contributions? Kind of surprised at how high some of these are given bond allocations of 20-30%... VT total return was ~24%, but that assumes no contributions. contributions throughout the year would decrease that number, as VT rose consistently thr...
by JamesSFO
Sun Dec 31, 2017 1:44 am
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7178

Re: So, how was the year ? Gains made and Lessons learnt ?

Sandi_k wrote:
Sat Dec 30, 2017 3:17 pm
No, it's not hard to break out....
I know the math, I literally do not have the contribution data available without combing through the accounts and I didn't feel like doing that. If you want to disregard my post as a result feel free to do so.
by JamesSFO
Sat Dec 30, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: So, how was the year ? Gains made and Lessons learnt ?
Replies: 76
Views: 7178

Re: So, how was the year ? Gains made and Lessons learnt ?

I have a 70% (stock)/30% (bond) 3 fund portfolio with the stock 70 US/30 Intl. Up 17% for the year (inclusive of contributions which are hard to break out). Definitely a good year.
by JamesSFO
Thu Dec 28, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 2904

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

I'm ~40% Fed, ~10% CA State, and will be capped in 2018 but hit AMT currently, I moved $15K I had at Fidelity in appreciated stocks into a DAF there. There's a risk I will get limited by AMT this year on that HOWEVER: I would give $15K over about 3 years any how and there is a high chance my ability...
by JamesSFO
Sat Dec 23, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)
Replies: 19
Views: 1485

Re: Donor Advised Fund (DAF) - Bunch Now - Easy (even easier than backdoor Roth)

I decided to take about $15K of appreciated stock at Fidelity and put it in a DAF this year, living in a HCOL/high tax CA I figured there's a risk I get some AMT hit this year but next year I'm pretty shafted as a high income single person on the tax bill...
by JamesSFO
Fri Dec 22, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 140
Views: 9643

Re: Pass Through Entities Questions Thread

Thanks for re-opening LadyGeek and thanks for the additional links.
by JamesSFO
Wed Dec 20, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51031

Re: Tax Bill Omnibus Thread

Tracking this to follow information on pass through taxation, esp. of law firms/professional services.
by JamesSFO
Wed Dec 20, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 140
Views: 9643

Re: Pass Through Entities Questions Thread

Curious as an attorney as well how the 20% rate works for LLPs/LLCs since the bill is now law it should be discussable
by JamesSFO
Tue Dec 19, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: How to hit full 401k contribution limit of $55,000?
Replies: 20
Views: 3695

Re: How to hit full 401k contribution limit of $55,000?

The Three Parts of Nondiscrimination Rules There are three parts to the nondiscrimination rules, according to Robert Richter, VP of SunGard wealth and retirement. These three rules are as follows: Rules ensure that broad coverage is applied to all employees, comprising the 410(b) test. If NHCEs are...
by JamesSFO
Tue Dec 19, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: How to hit full 401k contribution limit of $55,000?
Replies: 20
Views: 3695

Re: How to hit full 401k contribution limit of $55,000?

...I'm still studying this, but the only problem I can conceive of is that they'd have to give every employee the same non-elective contribution (perhaps expressed as a percentage of salary), which might make this option undesirable (but not impossible) for the employer? Basically you got it. There...
by JamesSFO
Mon Dec 18, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: How to hit full 401k contribution limit of $55,000?
Replies: 20
Views: 3695

Re: How to hit full 401k contribution limit of $55,000?

In short: no dice if you are at anything other than a small business you control.

In terms of a standard HR, your primary hope would be if your 401K offered after-tax (non-Roth) contributions that in turn you roll over to a Roth IRA (search for megabackdoor Roth IRA)
by JamesSFO
Sun Dec 17, 2017 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Combine rollover IRA with 401k account
Replies: 2
Views: 134

Re: Combine rollover IRA with 401k account

No reason not to combine overall. At margins, 401Ks often have higher expense ratios and can be changed on your e.g. if your company goes from a plan with low costs to one with higher costs/less flexibility. There may be other secondary reasons for one or the other but potential costs is a big one.
by JamesSFO
Tue Dec 12, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 1005

Re: Suggestions for setting up 401K retirement plans for medical practice

Our law practice uses the new comparability and we have a defined benefit plan layered on top, we can do just shy of $54K into the 401K and another 100K or so per partner into the defined benefit plan.
by JamesSFO
Tue Dec 12, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: 401K question
Replies: 3
Views: 261

Re: 401K question

If I am paid on multiple 1099s the way I understand it is I can have more than one 401k. They question I have is my contribution limit 54k for each one or 54k total? You get one $18K limit, if you had different control groups you might get the opportunity to double up on the remaining $36K ($54-18)...
by JamesSFO
Sun Dec 10, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 9214

Re: Why is Vanguard switching all accounts to brokerage accounts?

I don't want to "upgrade" the Roth, log in, and not see the $2M because I'm not on that platform anymore. I'm willing to upgrade everything or nothing, but a partial upgrade makes no sense. Even if you only upgraded one account, everything would be on the same online platform/lists. Just at tax tim...
by JamesSFO
Sun Dec 10, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 1005

Re: Suggestions for setting up 401K retirement plans for medical practice

Are these companies safe? What would happen to the investments if they go out of business? None of these companies directly hold your funds. All of them are third party administrators which partner with a financial institution to actually hold the funds. For example, when we used Ubiquity (not reco...
by JamesSFO
Sat Dec 09, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 1005

Re: Suggestions for setting up 401K retirement plans for medical practice

I will also add to be able to save the most for yourselves you will likely need to add a safe harbor feature to your plan. Again, well worth it. We use the extra $ as a hiring inducement in communicating total salary to employees given that our pay is lower than larger firms but we cover 100% of emp...
by JamesSFO
Sat Dec 09, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions for setting up 401K retirement plans for medical practice
Replies: 14
Views: 1005

Re: Suggestions for setting up 401K retirement plans for medical practice

Given that you will be the largest contributors + savers in the plan I would be hesitant to sign up for such a large AUM fee. Vanguard/Ascensus also have plans. We use that service for our small law firm and since the partners are the biggest beneficiaries we chose to use Admiral funds and pay the h...
by JamesSFO
Fri Dec 08, 2017 8:09 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 65
Views: 9214

Re: Why is Vanguard switching all accounts to brokerage accounts?

Personally I love the new format so as you can see YMMV. It brought my number of accounts from 6 to 3. For my parents from like 12-15 down to 6. I have yet to experience any errors. Though I do get $0.01-0.05 stranded in my traditional IRA when I convert to Roth for backdoor... As for why VG is swit...
by JamesSFO
Sun Dec 03, 2017 6:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard or Betterment for our company 401k plan?
Replies: 10
Views: 1398

Re: Vanguard or Betterment for our company 401k plan?

Honestly, if you can get/keep participant fees low towards either of those numbers you're doing employees a great service.
by JamesSFO
Wed Nov 29, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9819

Re: Analysis Paralysis: Can you get to the bottom of things?

You might want to think about some of Rubin's strategies for moving forward with the decision: .... Sounds similar to something out of Decisive by Heath and Heath which has been discussed on the forum before. It's a great book. Thanks for the recommendations. I think I will look into decisionmaking...
by JamesSFO
Tue Nov 28, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis: Can you get to the bottom of things?
Replies: 136
Views: 9819

Re: Analysis Paralysis: Can you get to the bottom of things?

... I told myself about 6 months ago I’d get to the bottom of investing – and took a deep, deep dive, reading an enormous number of historical threads on this site, reading Vanguard white papers, academic papers, the wiki, books, etc. I’ve been primarily focused on wrapping my head around theory an...
by JamesSFO
Tue Nov 28, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard check lost
Replies: 6
Views: 978

Re: Vanguard check lost

finally figured out what happened. made a mistake assuming my wife knew what she was doing. I went through her online bank account and found that she deposited the check with another check at the same time. she was only looking at the exact value of the vanguard check. good thing they have scanned ...
by JamesSFO
Sun Nov 26, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable 3 fund portfolio at Vanguard vs Fidelity
Replies: 12
Views: 954

Re: Taxable 3 fund portfolio at Vanguard vs Fidelity

Why wouldn't you use Fido's low cost index funds to make the 3 fund portfolio? Personally I find ETFs more annoying for buy-and-hold since you cannot buy in exact dollar amounts or systematically invest $x/month automatically. PS I have 90% of assets at Vanguard, but have a small portfolio at Fido u...
by JamesSFO
Thu Nov 23, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Employer changing 401(k) terms
Replies: 12
Views: 1561

Re: Employer changing 401(k) terms

The % vs. $ could just be a payroll choice. The true up sounds like a cost savings.