Search found 75 matches

by WanderingDoc
Wed Aug 23, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to mutual funds, time to divest out of RE?
Replies: 5
Views: 383

Re: Newbie to mutual funds, time to divest out of RE?

Sounds reasonable. Would the TSP be considered "retirement savings" if one was to retire around age 40 rather than 60-65? I genuinely feel that it is money that is taken out of my paycheck, that I may or may not ever see. If you can live off of your RE income and a portion of your salary while putti...
by WanderingDoc
Tue Aug 22, 2017 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to mutual funds, time to divest out of RE?
Replies: 5
Views: 383

Re: Newbie to mutual funds, time to divest out of RE?

Questions: 1. Thoughts on contributing to TSP? Next year there will be a 5% match. I will have an AGI of about $100-120K in 2017, $130-150K in 2018 beyond. I am not familiar with TSP, but assuming low fee index options with a 5% match would make it a no brainer. If not, need to provide more info. M...
by WanderingDoc
Tue Aug 22, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to mutual funds, time to divest out of RE?
Replies: 5
Views: 383

Newbie to mutual funds, time to divest out of RE?

Hello all! I have posted before, but never in the recommended detailed format. Emergency funds: >1 year of expenses Debt: Four mortgages, as part of cash-flowing rentals. Covered by tenants and then some. Tax Filing Status: Single Tax Rate: 28% Federal, 0% State Age: 32 Desired Asset allocation: 90%...
by WanderingDoc
Tue Aug 22, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Bad to keep taxable acct solely in VTSAX?
Replies: 11
Views: 1731

Re: Bad to keep taxable acct solely in VTSAX?

Rolling over your tIRAs to a 401k plan is a simple solution to allow for back door Roth conversions without any tax consequence to speak of. Consideration of Roth conversions while being in a high tax bracket is a more complicated question. I converted all my tax deferred accounts to Roth accounts ...
by WanderingDoc
Tue Aug 22, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: How to Become a Spender?
Replies: 16
Views: 1153

Re: How to Become a Spender?

Here's what I would do. (I am already doing some of it.) Travel. Eat good food at nice restaurants. (Don't get fat.) Get some good fitting tailored clothing. Get a car that is quiet and smooth and comfortable. Hire someone to fix all the stuff around the house you never get to. Find a worthwhile ch...
by WanderingDoc
Mon Aug 21, 2017 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bad to keep taxable acct solely in VTSAX?
Replies: 11
Views: 1731

Re: Bad to keep taxable acct solely in VTSAX?

Yes, would max out tsp first. Then backdoor Roth (any reason you can't do that?) Then taxable investing. For high marginal rates, stocks in protected accounts preferentially over bonds and municipal bonds in taxable can be better (whitecoatinvestor has a good post on his page about this). This is w...
by WanderingDoc
Mon Aug 21, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Bad to keep taxable acct solely in VTSAX?
Replies: 11
Views: 1731

Re: Bad to keep taxable acct solely in VTSAX?

WanderingDoc: Morningstar recently wrote a column about Vanguard's Total Market Index Fund with this conclusion: Vanguard Total Stock Market ETF (VTI) offers diversified exposure to U.S. stocks of all sizes. A low fee and reasonably representative benchmark leave this exchange-traded fund well-posi...
by WanderingDoc
Mon Aug 21, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bad to keep taxable acct solely in VTSAX?
Replies: 11
Views: 1731

Bad to keep taxable acct solely in VTSAX?

Good evening BHs, I liquidated a taxable account with roughly $50k (~$7.5K in gains) from my bank which was charging a 1.2% ER. I somewhat hastily, just transferred this cash to Vanguard in VTSAX. My 401k and IRAs do have some bonds. Mutual funds won't be my primary source of income in retirement or...
by WanderingDoc
Sat Aug 19, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

I think OP will probably be better off converting this small amount to a Roth IRA and paying the taxes. But for those who might be looking to do this a few tips (I rolled out a VG 401k to TSP a few years ago and will be rolling out my tIRA from VG to TSP probably next year): -Message or call VG and...
by WanderingDoc
Sat Aug 19, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

I think OP will probably be better off converting this small amount to a Roth IRA and paying the taxes. But for those who might be looking to do this a few tips (I rolled out a VG 401k to TSP a few years ago and will be rolling out my tIRA from VG to TSP probably next year): -Message or call VG and...
by WanderingDoc
Sat Aug 19, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

One thing I've always wondered about this wording "covered by an employer for a 401k". If there is a 401k, but you didn't contribute at all that year, does that mean one can have a deductible tIRA that year? I believe the availability of the 401(k) is all that matters. If we are talking about a def...
by WanderingDoc
Sat Aug 19, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

Very likely my MAGI will only go up from here.. and might jump up to $400K or more after I leave military. You could use Roth TSP to the $18K max now. After separation from the military you can use a partial withdrawal to the lowest balance TSP allows without closing the account as a rollover to se...
by WanderingDoc
Fri Aug 18, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Traditional 401K
Replies: 25
Views: 1307

Re: Roth 401K vs Traditional 401K

A lot of it has to do with where you are in life, how much runway you have left,and if you know what state you may retire in verses the one you worked in. If you have a good idea where you income may end up and you will definitely benefit from a lower tax bracket in retirement then it makes a great...
by WanderingDoc
Fri Aug 18, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Traditional 401K
Replies: 25
Views: 1307

Re: Roth 401K vs Traditional 401K

What would you recommend (traditional or Roth 401k), for someone who will be near the 28% bracket for the next half decade.. At that point, they will either be in the highest tax bracket (work full time), 25% bracket (part time or 1099 work), or pursuing time off or non-medicine ventures. Would you...
by WanderingDoc
Fri Aug 18, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Traditional 401K
Replies: 25
Views: 1307

Re: Roth 401K vs Traditional 401K

An exception might be if you are in a very low tax bracket now, such as 15%. If your income is about to go up a lot and stay there for decades, using Roth 401k in the 25% bracket might be a good idea. retiredjg, I'm thinking maybe that 25% percent is a typo? did you really mean 15%? If not I'm conf...
by WanderingDoc
Fri Aug 18, 2017 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

Wandering....you have a couple of choices. Either roll the tIRA into your TSP account using the TSP forms or convert it to Roth. Either will get it out of the way so you can use the back door. Since it is such a small amount, I'd just convert it to Roth to get it out of the way. This can be done wi...
by WanderingDoc
Fri Aug 18, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Holding VTSAX / S&P 500 fund exclusively
Replies: 11
Views: 1345

Re: Holding VTSAX / S&P 500 fund exclusively

Holding cash is never a bad thing, IMO. Also, keeping $50K or $100K out of the market let's you invest that into a large apartment syndication earning a 10-12% annualized return with a 2-2.5X equity multiple on exit (~20% IRR), without worrying if you happen to be in upturn or downturn in the stock...
by WanderingDoc
Fri Aug 18, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

Long story, but I am not sure what my MAGI will be this year. So far, I have contributed $0 to the TSP for 2016. I am filing single, and my MAGI will be somewhere around $110-130K, essentially meaning I will probably not be eligible to do a frontdoor IRA contribution. I believe rental income counts...
by WanderingDoc
Fri Aug 18, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Tax question about selling my house
Replies: 17
Views: 1331

Re: Tax question about selling my house

Just a wild guess but maybe they were thinking that your state taxes might handle the homeowners capital gains exclusion differently. There will likely be some issues with the condo's taxes when you eventually sell because it was a rental for three years but that is a different question. I didn't d...
by WanderingDoc
Fri Aug 18, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

Rolling over an existing tIRA into TSP can be done regardless of income. So if you are talking about moving the $5K tIRA you referenced to the TSP, it wouldn't matter if your income was $1 or $1 million. You are good to go. You are right that you can't move you current investments; you will move ca...
by WanderingDoc
Fri Aug 18, 2017 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs Traditional 401K
Replies: 25
Views: 1307

Re: Roth 401K vs Traditional 401K

If you can't decide, hedge, and do some of both. I max my pretax 401k, my after-tax 401k (converted annually to Roth), and two (backdoor) Roth IRAs each year. Given that employer match goes to pre-tax, this ends up as approximately $28k Roth and $37k pretax. I have a significant pension promise for...
by WanderingDoc
Fri Aug 18, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

Rolling over an existing tIRA into TSP can be done regardless of income. So if you are talking about moving the $5K tIRA you referenced to the TSP, it wouldn't matter if your income was $1 or $1 million. You are good to go. You are right that you can't move you current investments; you will move ca...
by WanderingDoc
Thu Aug 17, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Re: Anyone roll their tIRA into the TSP?

Rolling over an existing tIRA into TSP can be done regardless of income. So if you are talking about moving the $5K tIRA you referenced to the TSP, it wouldn't matter if your income was $1 or $1 million. You are good to go. You are right that you can't move you current investments; you will move ca...
by WanderingDoc
Thu Aug 17, 2017 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 32
Views: 1468

Anyone roll their tIRA into the TSP?

Has anyone done this.. I was hoping it's not too painful of a process. :twisted: I understand the first step to a backdoor IRA is to get rid of all traditional IRA funds. I have just transferred my tIRA to Vanguard. Long story, but I am not sure what my MAGI will be this year. So far, I have contrib...
by WanderingDoc
Thu Aug 17, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Holding VTSAX / S&P 500 fund exclusively
Replies: 11
Views: 1345

Re: Holding VTSAX / S&P 500 fund exclusively

randomizer and LiveSimple - thank you for your input.
by WanderingDoc
Thu Aug 17, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: ETF index fund, anytime a good time?
Replies: 13
Views: 1135

Re: ETF index fund, anytime a good time?

If you have never invested before, going all in with stock markets at all time highs might be a mistake as you probably have a low risk tolerance. Have you considered what your asset allocation would be, based on how you would feel if the market declined 20, 40% or more? https://www.bogleheads.org/...
by WanderingDoc
Thu Aug 17, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Holding VTSAX / S&P 500 fund exclusively
Replies: 11
Views: 1345

Re: Holding VTSAX / S&P 500 fund exclusively

I'm about 90% SPY/VOO/VTI and 10% individual stocks. I bought my first allotment of SPY in 2012 and have bought index ETFs regularly since then. I'm mostly retired now (do some software consulting on the side), but when I did work regularly, I bought index ETF allotments every couple of months or s...
by WanderingDoc
Thu Aug 17, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Holding VTSAX / S&P 500 fund exclusively
Replies: 11
Views: 1345

Re: Holding VTSAX / S&P 500 fund exclusively

Just invest when you have the money, that may be weekly, monthly, or ad hoc. The quantity of the $$$ invested counts, not the frequency of the investment. Why keep $50,000 out of the market, when you could have invested in the market ? Holding cash is never a bad thing, IMO. Also, keeping $50K or $...
by WanderingDoc
Thu Aug 17, 2017 1:27 am
Forum: Investing - Help with Personal Investments
Topic: Holding VTSAX / S&P 500 fund exclusively
Replies: 11
Views: 1345

Holding VTSAX / S&P 500 fund exclusively

Has anyone held a total stock market or s&p 500 index fund exclusively in their taxable account for 10+ years.. 15+ years? If so, was it just lump sum investing or did you continue to contribute to it during the ups and downs.. Is investing $50K lump sum every 2-3 years or $2000 per month a better o...
by WanderingDoc
Wed Aug 16, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Tax question about selling my house
Replies: 17
Views: 1331

Re: Tax question about selling my house

No, you are correct. If you have lived there for 24 months in the last 5 years going back from today, you are exempt from capital gains tax ($250K single $500 married filing). Can't get those benefits with mutual funds or stocks!
by WanderingDoc
Tue Aug 15, 2017 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: REIT
Replies: 52
Views: 3260

Re: REIT

I am confused about REITs. I currently have $20,000 in a Vanguard REIT ETF, adding $5,000 every few months for about a year. This was suggested as a way to get into real estate investing. The value was at the beginning, and still is, negative. Is there something I am missing? Why is it not gaining ...
by WanderingDoc
Tue Aug 15, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Buy + hold to avoid being priced out in the Bay Area?
Replies: 20
Views: 1790

Re: Buy + hold to avoid being priced out in the Bay Area?

I'm sure you know that the Bay Area, at least in many areas is in a bubble. Here in Oakland, there are many what I would call just decent houses going for 20, 30, even 50% over asking price. Not sure where you are looking but even for the bay area, it feels bubbly and excessive. That's what every p...
by WanderingDoc
Tue Aug 15, 2017 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Buy + hold to avoid being priced out in the Bay Area?
Replies: 20
Views: 1790

Re: Buy + hold to avoid being priced out in the Bay Area?

I think your head is definitely in the right place. Bay area has experienced 9+% year over year appreciation since the 1970s - this includes the downturns. The most profitable rental markets in America since the year 2000 until today are Los Angeles, San Jose, and San Francisco (total return = equit...
by WanderingDoc
Tue Aug 15, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: RE: Retirement and College Planning
Replies: 17
Views: 1257

Re: RE: Retirement and College Planning

Ok WanderingDoc, you got to me. I didn't really engage with your posts previously claiming you were seeing sustainable 50% returns in real estate but I'm curious and asking you now if you can explain to me how to see 14.4% - 24% cash yields in real estate investments. I have more than double what t...
by WanderingDoc
Tue Aug 15, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: RE: Retirement and College Planning
Replies: 17
Views: 1257

Re: RE: Retirement and College Planning

Why are you writing him off so quick.. You don't think he could be financially independent in 10-15 years? That timeframe is an eternity if he invests in real estate. His $250K cash will buy him enough rental properties to generate $3000-5000 in monthly income in the next 18-24 months tops. That's ...
by WanderingDoc
Tue Aug 15, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: RE: Retirement and College Planning
Replies: 17
Views: 1257

Re: RE: Retirement and College Planning

Why are you writing him off so quick.. You don't think he could be financially independent in 10-15 years? That timeframe is an eternity if he invests in real estate. His $250K cash will buy him enough rental properties to generate $3000-5000 in monthly income in the next 18-24 months tops. That's ...
by WanderingDoc
Tue Aug 15, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: RE: Retirement and College Planning
Replies: 17
Views: 1257

Re: RE: Retirement and College Planning

Hi All I wonder if you could help me to with my investment portfolio for retirement, consolidation of the old retirement portfolio and future college planning for 2 children under the age of one. I am returning back to investment planning after spending 12 years abroad and have just planning for re...
by WanderingDoc
Mon Aug 14, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: REIT
Replies: 52
Views: 3260

Re: REIT

I am confused about REITs. I currently have $20,000 in a Vanguard REIT ETF, adding $5,000 every few months for about a year. This was suggested as a way to get into real estate investing. The value was at the beginning, and still is, negative. Is there something I am missing? Why is it not gaining ...
by WanderingDoc
Mon Aug 14, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: REIT
Replies: 52
Views: 3260

Re: REIT

I am confused about REITs. I currently have $20,000 in a Vanguard REIT ETF, adding $5,000 every few months for about a year. This was suggested as a way to get into real estate investing. The value was at the beginning, and still is, negative. Is there something I am missing? Why is it not gaining ...
by WanderingDoc
Mon Aug 14, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Matching VTTSX 2060 to TSP fund?
Replies: 16
Views: 1096

Re: Matching VTTSX 2060 to TSP fund?

Not to threadjack, What do you guys think of this asset allocation (adapted from BrainMc), but modified a bit: C: 70% S: 10% (edit by bayview) I: 10% F: 5% G: 5% Mostly because I feel like I need to have some small cap and international, but not too much. Your thoughts welcome. C fund is S&P 500. S...
by WanderingDoc
Sun Aug 13, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Matching VTTSX 2060 to TSP fund?
Replies: 16
Views: 1096

Re: Matching VTTSX 2060 to TSP fund?

Not to threadjack, What do you guys think of this asset allocation (adapted from BrainMc), but modified a bit: C: 70% S: 10% (edit by bayview) I: 10% F: 5% G: 5% Mostly because I feel like I need to have some small cap and international, but not too much. Your thoughts welcome. C fund is S&P 500. S...
by WanderingDoc
Sun Aug 13, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 2135

Re: TSP Allocation Strategy for the AGRESSIVE Investor

30% C (S&P 500) 30% S (Extended Market) 30% I (Developed International) 10% G (No-Fail Bonds) That's aggressive. 25% C (S&P 500) 25% S (Extended Market) 25% I (Developed International) 25% G (No-Fail Bonds) That's aggressive and smart. Is there a way to extrapolate how that 4-corner TSP portfolio w...
by WanderingDoc
Sun Aug 13, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 49
Views: 4236

Re: Physician & Real Estate investor seeks advice

"Where is the upside, the value-add, the creativity?" This has been rehashed thousands of times so it is nothing but boring at this point - you still keep confusing passive investment with business (like real estate). *sight* . keep dreaming your dream, keep "fighting" to defend something no one is...
by WanderingDoc
Sun Aug 13, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Physician & Real Estate investor seeks advice
Replies: 49
Views: 4236

Re: Physician & Real Estate investor seeks advice

"Take that same salary, I can make them independently wealthy with real estate, part-time in less than 5-7 years." you don't - be careful in saying this to yourself and being overly confident... Look, I (and may be others) want nothing but success for you. We don't have "an agenda" :) to have you m...
by WanderingDoc
Sat Aug 12, 2017 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 2135

Re: TSP Allocation Strategy for the AGRESSIVE Investor

I was 60/20/20 C/S/I up until late last year. I was all equities for 25 plus years, Only now have I started in G an F as I'm about 9 years from earliest retirement age. I'm currently sitting at around 93/7 equitiy/bond. Lived through all the downturns the last 28 years without changing a thing, and...
by WanderingDoc
Sat Aug 12, 2017 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1104

Re: TSP only vs TSP and Vanguard IRA

Would you only do the tIRA if you weren't able to do a Roth IRA? Personally, I'm roth IRA and roth TSP. In the context of OP's question, they implied that they are interested in reducing their overall taxable wages and going traditional TSP and tIRA. Plus, roth IRA can be done by basically anyone w...
by WanderingDoc
Sat Aug 12, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1104

Re: TSP only vs TSP and Vanguard IRA

Is there a difference between $15k invested in pretax TSP vs $10k pretax TSP plus $5k Vanguard traditional IRA? (In both scenarios, the 5% TSP match is being met.) Truth be told, based upon the complaints about TSP withdrawals at retirement age, I'd do the 1. TSP to match (5%), 2. tIRA to $5500, 3....
by WanderingDoc
Sat Aug 12, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 4274

Re: Bernstein's Simpleton's Portfolio

I am already halfway through "The Little Book.." and I am sitting here the entire time with my jaw dropped. I wonder what active stock and mutual fund managers would say after reading this book? The other week, I had an hour long call/sales pitch with a manager from Personal Capital, trying to convi...
by WanderingDoc
Sat Aug 12, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 4274

Re: Bernstein's Simpleton's Portfolio

One book? Either "Common Sense on Mutual Funds" or the little book version. Over the past quarter century I've never been too far from 50/50. Aside from a smidge of REITs, I don't like commercial or residential real estate. There's nothing wrong with it investment-wise, especially if it's not your ...
by WanderingDoc
Sat Aug 12, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Bernstein's Simpleton's Portfolio
Replies: 40
Views: 4274

Re: Bernstein's Simpleton's Portfolio

I favorably mention low-expense target date funds in If You Can. I don't recall specifically mentioning life strategy funds. The only difference is that with the former, you really don't have to pay too much attention as you age, since the fund automatically decreases equity allocation over the yea...