Search found 23 matches

by MorningstarFan
Thu Feb 09, 2017 3:19 am
Forum: Personal Finance (Not Investing)
Topic: Different Advice Needed - Career Change to Investment
Replies: 12
Views: 1109

Re: Different Advice Needed - Career Change to Investment

Thank you all for the honest opinions. Just out of curiosity, are there any people who work in financial services industry, specifically to invesment? I am still trying to keep my mind open and need some help exploring more options in the industry. Since I am an engineer, my network is very limited....
by MorningstarFan
Thu Feb 09, 2017 3:13 am
Forum: Investing - Help with Personal Investments
Topic: Transfer a closed fund to a friend
Replies: 1
Views: 297

Transfer a closed fund to a friend

Hi all, I currently own a mutual fund which is currently closed to new investors in my TD Ameritrade account. Is it possible to gift the shares to my friend, and once he becomes the fund owner, he can then invest on his own? Are there any restrictions or laws to prevent that? This is just for taxabl...
by MorningstarFan
Fri Feb 03, 2017 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Different Advice Needed - Career Change to Investment
Replies: 12
Views: 1109

Re: Different Advice Needed - Career Change to Investment

Being a stock analyst is completely different job than being a financial adviser. it's like saying you either want to be an airline pilot or an aircraft mechanic. They're sort of related, but not really. My suggestion is to add to your post to describe what activities you're looking to do. I will s...
by MorningstarFan
Fri Feb 03, 2017 12:06 am
Forum: Investing - Help with Personal Investments
Topic: ROth 401K
Replies: 7
Views: 547

Re: ROth 401K

Hi, Just as clarification, are you contributing 18K each year to Roth 401k and 35K in "tax deferred" programs? Not quite sure what you mean by the $35k there. :happy However, here is another thought that many people ignore. Any contribution to traditional retirement accounts decrease your ...
by MorningstarFan
Thu Feb 02, 2017 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: Different Advice Needed - Career Change to Investment
Replies: 12
Views: 1109

Different Advice Needed - Career Change to Investment

Hi all, I am a young engineer and simply fell in love with long-term investment strategies. I have volunteered to help non-profit organizations with personal financing. I hope to transition into stock/mutual fund analyst or financial advisor (more than just earning commissions). What should I do? An...
by MorningstarFan
Wed Jan 18, 2017 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Voilatility of international stocks, well in particular, VTIAX?
Replies: 9
Views: 704

Re: Voilatility of international stocks, well in particular, VTIAX?

Short answer: yes, international stocks are good diversifiers due to low correlation to US stocks. Also, the past performance, even looking at 10 years, does not predict the future. I actually think that the international stocks are at a cheaper price level, on average. However, because I know I can...
by MorningstarFan
Sat Jan 14, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss
Replies: 13
Views: 809

Re: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss

Hi all, I find the solution for myself! It turns out that the Morningstar's Portfolio Manager has an option of how to calculate cost basis. Now, all reinvested capital gains and dividends show up as total positive returns! :D If you click on the gear icon on the top left corner, then select the &quo...
by MorningstarFan
Wed Jan 11, 2017 12:47 am
Forum: Investing - Help with Personal Investments
Topic: After-tax 401k to Roth IRA - Tax Implications
Replies: 3
Views: 403

After-tax 401k to Roth IRA - Tax Implications

Hi all, I would like to double check my understanding on tax implications when I request direct rollovers from my after-tax 401K to Roth IRA. Does the Pro Rata rule care about how much I have in my Pre-tax 401k? Or does the pro rata rule strictly applies to what is in my after-tax bucket? For exampl...
by MorningstarFan
Thu Dec 29, 2016 5:15 am
Forum: Investing - Theory, News & General
Topic: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss
Replies: 13
Views: 809

Re: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss

I don't really understand what you're trying to get here. You didn't "only" invest $3,000. You invested $3,000 to start with and then you invested another $180.97. You've invested $3,180.97. Maybe what you're trying to get at is: money invested at different points in time will have differ...
by MorningstarFan
Thu Dec 29, 2016 12:48 am
Forum: Investing - Theory, News & General
Topic: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss
Replies: 13
Views: 809

Re: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss

Let me re-state my point: The reason I didn't consider $180 as new investment is because I didn't put $180 from my own pocket, rather, it is generated by investing in the fund. I am looking for a tool that only tracks how much money I invest out of pocket versus market value of the funds. I think yo...
by MorningstarFan
Wed Dec 28, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss
Replies: 13
Views: 809

Re: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss

I use the free-download version of MS Money on an old laptop to do performance/return reports. But that version requires manual entering of transactions, etc. But there is a benefit to manual entry: You don't obsess over daily performance. :) Aha, I see. I have to agree that looking at daily perfor...
by MorningstarFan
Wed Dec 28, 2016 6:56 pm
Forum: Investing - Theory, News & General
Topic: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss
Replies: 13
Views: 809

Re: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss

By paying you the distribution, the gain is realized, so there is no way it can be called "Unrealized" anymore. Good point, that is right. I guess I should rephrase my question - is there a way to track my investment live just by comparing the market value of the fund vs my original inves...
by MorningstarFan
Wed Dec 28, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss
Replies: 13
Views: 809

Question on Morningstar Portfolio Tracking Tool - Unrealized Gain/Loss

Hi all, I have a question regarding to Unrealized Gain/Loss Since Purchase calculation after a fund reinvests distribution using the Morningstar Portfolio tool (the auto update feature). I've noticed sharp drops of % unrealized gain because the tool counts the reinvested distribution as original inv...
by MorningstarFan
Wed Dec 28, 2016 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Buying "closed" mutual funds with a different Vanguard account
Replies: 7
Views: 501

Re: Buying "closed" mutual funds with a different Vanguard account

Thanks Geologist for the explanation. One last question - would you contact Vanguard or the Mutual Fund company instead? The mutual fund does not offer direct investments, so I chose Vanguard as my brokerage account.
by MorningstarFan
Wed Dec 28, 2016 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Dumping Active strategy for passive
Replies: 15
Views: 909

Re: Dumping Active strategy for passive

I believe the front load counts toward $5,500 IRA contribution, because you invested $5,500 up front.
by MorningstarFan
Tue Dec 27, 2016 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Buying "closed" mutual funds with a different Vanguard account
Replies: 7
Views: 501

Re: Buying "closed" mutual funds with a different Vanguard account

How about transferring one share from the account where it is held to the one where you want to hold it? Then go ahead a buy some more? Yes, I am thinking something like that. However, can I be able to do so when transferring from taxable account to Roth IRA account? Wouldn't that be considered as ...
by MorningstarFan
Tue Dec 27, 2016 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Buying "closed" mutual funds with a different Vanguard account
Replies: 7
Views: 501

Re: Buying "closed" mutual funds with a different Vanguard account

I (and many others on this site) don't know what the tickers mean. It would help a lot if you gave the name of the mutual fund in addition to the ticker. I'm guessing from the ticker that this is a non-Vanguard fund and probably this fund doesn't consider different accounts (taxable and tax-shelter...
by MorningstarFan
Tue Dec 27, 2016 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation Advice for 23Yr old? Roth IRA
Replies: 13
Views: 694

Re: Asset Allocation Advice for 23Yr old? Roth IRA

First, great job for starting early. I am currently 26 years old but I had no investment knowledge when I was 23! For a starter, I recommend VTTSX Vanguard Retirement 2066 Fund in your 401K. The price is low and your portfolio is well-diversified. Here is another great deal - this fund automatically...
by MorningstarFan
Tue Dec 27, 2016 9:45 pm
Forum: Investing - Theory, News & General
Topic: 100% TIPS and 0% in Nominal Bonds?
Replies: 168
Views: 8972

Re: Diversification: A "Free Lunch"

Holding 100% in any single type of bond could be a mistake. Diversification in bonds is similar to diversification in stocks--it is often called [i]"the only free lunch in investing."[/url] This is the primary reason I choose Vanguard Total Bond Market Index Fund (now the largest fund in ...
by MorningstarFan
Tue Dec 27, 2016 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Buying "closed" mutual funds with a different Vanguard account
Replies: 7
Views: 501

Buying "closed" mutual funds with a different Vanguard account

Hi all, Here is my situation - I invested in DHMIX (Diamond Hill Small-Mid Cap Fund) before the fund is closed to new investors with my Vanguard taxable (non-retirement) account. However, I also have a Roth IRA Vanguard account and I wish to purchase the same fund in that account. Now, I am being re...
by MorningstarFan
Tue Dec 27, 2016 9:19 pm
Forum: Investing - Theory, News & General
Topic: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.
Replies: 17
Views: 1736

Re: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.

Hi, I do not blame you for having doubts at all! However, I would like to state the value of owning VGTSX and why I own it as well. It all comes down to diversification. Yes, the international index has been lagging for a long period of time. However, I cannot predict what will happen in the next de...
by MorningstarFan
Tue Dec 27, 2016 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Dumping Active strategy for passive
Replies: 15
Views: 909

Re: Dumping Active strategy for passive

I am currently working on bolstering my financial education. When my wife and I graduated school this year, we were referred to a local CFP who provides his services to graduates, without charge, for 3 years. We established some insurance through him, but also set up Roth IRAs with the American Fun...
by MorningstarFan
Tue Dec 27, 2016 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k kinda sucks
Replies: 8
Views: 625

Re: My 401k kinda sucks

Does your 401k offer after-tax? If so, you can also convert the money in after-tax to Roth IRA. This way you can take your money from 401k and invest in what ever you want. You may still contribute to your 401k and it should not affect your employer's match. However, note that there might be a huge ...

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