Search found 49 matches

by elderwise
Thu Apr 19, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Setting up an SFO (single family office) in Switzerland
Replies: 5
Views: 400

Re: Setting up an SFO (single family office) in Switzerland

What is SFO? i tried doing a google could not find anything.Is this a self employment / visa for foreign nationals? Check the post title! Thanks, I guess i did not search it properly in google and i did read the title. I just did a google for SFO switzerland lol my bad. I didnt realize it was for p...
by elderwise
Thu Apr 19, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Setting up an SFO (single family office) in Switzerland
Replies: 5
Views: 400

Re: Setting up an SFO (single family office) in Switzerland

What is SFO? i tried doing a google could not find anything.Is this a self employment / visa for foreign nationals?
by elderwise
Thu Apr 19, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Need Help to FIRE in Thailand
Replies: 28
Views: 3028

Re: Need Help to FIRE in Thailand

Hi ThaiSmile, I did not get a chance to fully read your long post, but I would advise you read up about US PFIC rules (no one mentioned them on the thread i noticed). They can be onerous, and being a US Citizen permanently residing overseas and if you are vested in any way / means into any investmen...
by elderwise
Mon Feb 12, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Mesh wifi solution sought for new house
Replies: 46
Views: 2592

Re: Mesh wifi solution sought for new house

I dont have anything bad to say about Orbi, i actually bought an ORBI kit myself on BBY when on sale. That being said, if you can get an Asus TM AC1900 flashed over to an Asus AC68U, and using AIMESH has been quite reliable last 3-4 months.Flashing is not a small task, though once achieved a $60 rou...
by elderwise
Thu Feb 01, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Is Jack Bogle an advocate of DCA vs Lumpsump?
Replies: 2
Views: 492

Is Jack Bogle an advocate of DCA vs Lumpsump?

I was reading his book, Bogle On Mutual Funds and in second chapter pg 31-33, he mentions the advantages and the effects of compounding added with the fact that purchasing shares (ETF / MF's ) at variable rates (due to ups / downs) has greater returns rather than just lumping X into the market in 1 ...
by elderwise
Wed Jan 31, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3546

Re: How to ship two big tubs of butter internationally?

wow there is edible mango butter?

the previous poster above me links to AZ where it seems its more like shea butter for skin?

OP can you clarify you said its tasty??? TIL..
by elderwise
Wed Jan 31, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: US Stock market drop - effect on 401k contribution / purchases
Replies: 10
Views: 1700

Re: US Stock market drop - effect on 401k contribution / purchases

triceratop wrote:
Wed Jan 31, 2018 9:52 am
I effected the following thread title change: affect -> effect.

See also: Misuse of adverse when averse was meant
My english is not that great :oops:

thanks,
by elderwise
Wed Jan 31, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: US Stock market drop - effect on 401k contribution / purchases
Replies: 10
Views: 1700

Re: US Stock market drop - affect on 401k contribution / purchases

... will I get more VG total stock if it drops more the next few days? How would I know if (unlike VG taxable where it shows the basis) how many shares were purchased with the last paycheck contribution amount $XXX etc. This is a great question. In my old 401(k), the recent transactions were clearl...
by elderwise
Wed Jan 31, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: US Stock market drop - effect on 401k contribution / purchases
Replies: 10
Views: 1700

Re: US Stock market drop - affect on 401k contribution / purchases

BigMoneyNoWhammies wrote:
Tue Jan 30, 2018 2:44 pm
Just for clarification, you're talking about putting $500 in and immediately buying the Vanguard TSM mutual fund, and are concerned about # of shares based on change in price when the transaction is processed at EOBD?
Yes, actually its VINIX not VTSAX on my work 401k.
by elderwise
Tue Jan 30, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: US Stock market drop - effect on 401k contribution / purchases
Replies: 10
Views: 1700

US Stock market drop - effect on 401k contribution / purchases

Hello, I understand in tax deferred accounts, there is no cost basis because there is no need due to deferred status. However if i am dumping $500 per paycheck into my 401k account, will I get more VG total stock if it drops more the next few days? How would I know if (unlike VG taxable where it sho...
by elderwise
Fri Jan 26, 2018 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA on a 529 (kiddo 2.2 Yr old)
Replies: 3
Views: 366

Help with AA on a 529 (kiddo 2.2 Yr old)

Hello, Was wondering if you can suggest / advice on picking the AA% for my kids 529 plan, the options i have are (Bright Star IL) Vanguard 500 Index 529 Portfolio 0.02 Vanguard Total International Stock Index 529 Portfolio ER 0.07 Vanguard Total Bond Market Index 529 Portfolio ER 0.03 Vanguard Total...
by elderwise
Thu Jan 25, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: ID theft and check cashing fraud
Replies: 97
Views: 6391

Re: ID theft and check cashing fraud

Sorry you have to go through this.

But who foots the bill when the iPhone is purchased, cards are used to purchase - is this bad debt on the lender / verizon / bank's books?

i.e of course they will not charge this to OP...
by elderwise
Thu Jan 25, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: 529 at VG vs Brighstar - IL state of residence
Replies: 5
Views: 282

Re: 529 at VG vs Brighstar - IL state of residence

Thank you Majormajor, can I add contributions to 2017 tax year like the Roth Ira upto the tax filing deadline of Apr 2018? Are these good (KID 2.5 now) Vanguard 500 Index 529 Portfolio Vanguard Total International Stock Index 529 Portfolio Vanguard Total Bond Market Index 529 Portfolio And what does...
by elderwise
Thu Jan 25, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: 529 at VG vs Brighstar - IL state of residence
Replies: 5
Views: 282

529 at VG vs Brighstar - IL state of residence

Hi BH'ers

for MFJ with 90K Gross not DINK, maxed out 401K,457B (36K) is it better (expense etc wise) to open a 529 at VG vs Brightstar?

are the state tax benefits really worth it at this level?

Thanks,
by elderwise
Sun Jan 07, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do Deductible tIRA or Roth IRA - please see below
Replies: 3
Views: 251

Re: Should I do Deductible tIRA or Roth IRA - please see below

If you are eligible to contribute to either w/o phaseout problems, what is the point of contributing to TIRA and then converting as opposed to contributing directly to Roth? Yes , you get a deduction for contributing to TIRA but then you negate that by doing the conversion so all you've done is com...
by elderwise
Sun Jan 07, 2018 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Should I do Deductible tIRA or Roth IRA - please see below
Replies: 3
Views: 251

Should I do Deductible tIRA or Roth IRA - please see below

So for 2018, I am planning to defer max 18.5 to 401k, 18.5 to 457B Govt, I confirmed the limits are exclusive due to Govt plan. I make 90K gross, MFJ so I qualify for Roth IRA or t IRA, my question is I know I fall under the limits of the AGI For phase out. Should I be doing ( i am tilting towards a...
by elderwise
Fri Dec 29, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k - setting it up so that Roth conversion is a possibility
Replies: 41
Views: 2382

Re: solo 401k - setting it up so that Roth conversion is a possibility

Hi Sophia,

What did you end up doing? are you with Fido or used a TPA to setup a custom plan?

I am looking for pretty much the same things as you are.

If the After-Tax EmployER Contributions, are not tax deductible why not just establish a taxable brokerage account?

Thanks,
by elderwise
Wed Dec 27, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Low Cost Solo 401k with Loan option ? Please help
Replies: 7
Views: 359

Re: Low Cost Solo 401k with Loan option ? Please help

They have low-expense-ratio no-commission ETFs. Sure, they dropped Vanguard ETFs, but so what? My rep gives me free trades to keep me happy because I ask her to keep me happy. I don't think you have built up a relationship to get much in the way of free trades on Vanguard ETFs yet, so you will prob...
by elderwise
Wed Dec 27, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Low Cost Solo 401k with Loan option ? Please help
Replies: 7
Views: 359

Re: Low Cost Solo 401k with Loan option ? Please help

For the past 3 years I have a TDAmeritrade solo 401(k) that I have paid no fees on. When it was set up I checked the box "Allow Loans" or whatever the checkbox label was. I have never taken out a loan and do not know how complicated it would be nor what the reporting requirements would be. I do not...
by elderwise
Wed Dec 27, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Low Cost Solo 401k with Loan option ? Please help
Replies: 7
Views: 359

Low Cost Solo 401k with Loan option ? Please help

Hello, Does anyone here use a provider for solo 401k that offers low ETF / index funds but also has a loan provision? If i use a TPA to write up a plan document, will opening a Fidelity solo 401k allow me to take out a loan since I can have them customize and add that into the plan documents? or it ...
by elderwise
Mon Dec 25, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Deadline to Establish Solo 401K before EOY 2017 - Use TPA for Post Tax Contributions?
Replies: 1
Views: 246

Deadline to Establish Solo 401K before EOY 2017 - Use TPA for Post Tax Contributions?

Happy Holidays BH'ers! Lately I have been researching a lot on how to defer taxes on my S Corporation, income via pre and post tax contributions. Seems as per IRS I already defer the max 18K at my day time W2 job, (401k) and it seems the Pre tax Employee Elective Deferral limit is the same 18K acros...
by elderwise
Fri Dec 22, 2017 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Defer taxes on S Corp with a full time W2 Job
Replies: 3
Views: 423

Re: Defer taxes on S Corp with a full time W2 Job

Have a side gig (ebay / selling other stuff) generating around 35-40K income ( taking some as payroll, some distribution etc) -- How best to defer taxes on this portion ? Not all of the income from the S Corp I need (disposable ) so should or can i Do i401K , SEP IRA? Since you are maxing your W2 4...
by elderwise
Thu Dec 21, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Defer taxes on S Corp with a full time W2 Job
Replies: 3
Views: 423

Defer taxes on S Corp with a full time W2 Job

Hello BH'ers If i have a 95K, W2 job MFJ and defer 36K via 401k + 457B.Single earner. Have a side gig (ebay / selling other stuff) generating around 35-40K income ( taking some as payroll, some distribution etc) -- How best to defer taxes on this portion ? Not all of the income from the S Corp I nee...
by elderwise
Thu Dec 21, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: Advice on any Callcentric users here - Small Biz
Replies: 0
Views: 109

Advice on any Callcentric users here - Small Biz

Hey BH'ers, I am helping a friend, setup Call Centric for Faxing (using Obi Hai device). Any suggestions? is it reliable (faxing) .Its for his small business so he doesnt mind paying a decent amount, but not what AT&T and comcast charge for their home phone services! outrageous! I have personally us...
by elderwise
Wed Dec 20, 2017 8:53 am
Forum: Personal Consumer Issues
Topic: Does a State job make it easier to get a FED job?
Replies: 10
Views: 1152

Re: Does a State job make it easier to get a FED job?

Depends on the circumstances obviously. I worked in a Federal position as a fisheries biologist with NOAA in Alaska. We often worked hand-in-hand with the Alaska Dept. of Fish and Game biologists on many projects and I attended many endless fisheries council meetings with those folks and many happy...
by elderwise
Wed Dec 20, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Does a State job make it easier to get a FED job?
Replies: 10
Views: 1152

Re: Does a State job make it easier to get a FED job?

This position(for those asking) is a purely IT - Technical Services role (Senior but not management).Not one that requires any Security Clearences (public)

Thank you all for your suggestions, I am not planning to try now but wanted to know your thoughts.
by elderwise
Tue Dec 19, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: Does a State job make it easier to get a FED job?
Replies: 10
Views: 1152

Does a State job make it easier to get a FED job?

Just curious from people here who know, are working state, or Federal..do you think having tacked on experience working in State level jobs makes it easier to get into Federal jobs?
by elderwise
Tue Dec 19, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Please help me understand the SS - WEP (Windfall Elim. Provision)
Replies: 5
Views: 543

Re: Please help me understand the SS - WEP (Windfall Elim. Provision)

From the first link you posted, the opening paragraph states, "If you paid Social Security tax on 30 years of substantial earnings you are not affected by the Windfall Elimination Provision (WEP)." So in your case you note you are having SS deducted from earnings. Looks like you are NOT affected by...
by elderwise
Tue Dec 19, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Social Security 40 Credits - Moving abroad, then back how does it affect payout?
Replies: 1
Views: 361

Social Security 40 Credits - Moving abroad, then back how does it affect payout?

Hello, I have a unique hypothetical case (could be my future scenario) where lot of online searching yielded no results. As per SSA, you need min 40 credits to get SS payments and if you dont have 40 credits no payment is made by SSA. However, I also read that if you have say 30 or 25 credits and mo...
by elderwise
Tue Dec 19, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Please help me understand the SS - WEP (Windfall Elim. Provision)
Replies: 5
Views: 543

Please help me understand the SS - WEP (Windfall Elim. Provision)

Hi BH's. I work for State Govt, we have a DBP (pension funded by state govt). and 401k, 457B (govt). I am paying into SS as they are deducted on my pay check. Will my pension (Defined Benefit), 401k, 457B or Roth in any way effect or reduce my SS amount as per the https://www.ssa.gov/planners/retire...
by elderwise
Thu Jun 22, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Interesting Q? - Retired with decent assets overseas - Tax implications(US situs)
Replies: 1
Views: 189

Interesting Q? - Retired with decent assets overseas - Tax implications(US situs)

Ok, I am just thinking for the future. Say I have a $1.5MM plus 401k, 457b, Roth IRA..and taxable. RMD's are due from 401k, or maybe the others also. I understand if you work overseas you have something called Foreign Exclusion (FEI), how does this impact my retirement payouts (viz. SS, 401k RMD, 45...
by elderwise
Thu Jun 22, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1399

Re: VTSAX taxable buy now dividends just distributed

I just did, i actually opened the taxable brokerage at VG this year.I only purchased 1 lot of around $3K before just now , and as of now have changed it to SpecID.
by elderwise
Thu Jun 22, 2017 8:40 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1399

Re: VTSAX taxable buy now dividends just distributed

Thank you livesoft, another related question.To track my cost basis (even though I have it on average right now)..do i need to maintain an excel sheet of purchases (im not doing ETF only MF's) for tax purposes? or does the Vanguard account login have a place where this is already tracked? Say today ...
by elderwise
Thu Jun 22, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: VTSAX taxable buy now dividends just distributed
Replies: 9
Views: 1399

VTSAX taxable buy now dividends just distributed

Hi Folks, I am doing the usual Roths, 401k etc etc and also do taxable. I just started recently and have around 5k to purchase in taxable, I have not yet selected SpecID its still the average basis. I have set dividends to go to MM not re-invest. Seeing VTSAX just issued dividends for this quarter (...
by elderwise
Sun Mar 26, 2017 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with picking correct fund for taxable to avoid wash sale
Replies: 4
Views: 568

Help with picking correct fund for taxable to avoid wash sale

Hello BHs, The more I read, the more I get confused with wash sale, and I really need some help picking the correct fund for my taxable. Currently maxing 401K plus 457B(govt), and Roth IRA... Opened a taxable at VG, and need to pick funds and DRIP or take CG / dividends ($5K start with) add $6000 ye...
by elderwise
Fri Mar 17, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Funds for taxable account
Replies: 11
Views: 1416

Funds for taxable account

Hi Bogleheads, Currently maxing 401k, 457B, Roth IRA(Him+Her) 25% bracket, IL state govt Job Pension DB, 32 YO. Have enough EF ~6+ months, no debt / mortgage.cars paid off. Have around 5-10K spare for investing in taxable account. Need advice, Which funds? preferable vanguard have roth ira and old e...
by elderwise
Wed Jul 27, 2016 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: VPMAX worth it? [Vanguard PRIMECAP]
Replies: 15
Views: 5935

Re: VPMAX worth it? [Vanguard PRIMECAP]

I've owned this fund for a long time. It's a large cap fund so it doesn't rise as fast as the small caps - but it also doesn't drop as much when times are bad. I find it better than the S&P 500 Index but similar in that it is active and large cap. Worth holding imo. Good management team. Also altho...
by elderwise
Tue Jul 26, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

I have good news! i just talked to our retirement specialist at MassMutual and they said our employer allows 401K + 457B + Roth 401K + Roth 457B. That means 72K I can sweep into the tax deferred account.I think if i can max out at 72K total then I dont even need a spousal Roth IRA(lol 5.5( vs 18K s...
by elderwise
Tue Jul 26, 2016 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

I have good news! i just talked to our retirement specialist at MassMutual and they said our employer allows 401K + 457B + Roth 401K + Roth 457B. That means 72K I can sweep into the tax deferred account.I think if i can max out at 72K total then I dont even need a spousal Roth IRA(lol 5.5( vs 18K se...
by elderwise
Mon Jul 25, 2016 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Hi guys, thanks much for your detailed response, here is the ER / tickers for the funds you had asked in my current 401k/457 (same provider MassMutual) and same funds available in both cases: Vanguard Institutional Index I - VINIX - ER 0.04 Vanguard Mid cap Index - VMCIX - ER 0.08 Vanguard Small cap...
by elderwise
Fri Jul 22, 2016 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Age:30 Desired Asset allocation: xx% stocks / xx% bonds (not sure) Desired International allocation: xx% of stocks (not sure) I recommend 80% stocks, 20% bonds, with 30% of stocks in international. That breaks down to 56% US stocks, 24% international stocks, and 20% bonds. His 401k(Mass Mutual) - c...
by elderwise
Fri Jul 22, 2016 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Dump $5500 to Roth IRA on Day 1 of every year or split contribution to 12 months?
Replies: 32
Views: 4411

Re: Dump $5500 to Roth IRA on Day 1 of every year or split contribution to 12 months?

This is a good question, and I will also be doing one shortly for self and spousal tIRA.

Guess all in - :)
by elderwise
Fri Jul 22, 2016 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Also can anyone comment on my existing selections for 457/401K and the 403B i picked at vanguard before?

Are they all bad funds? Sorry I am new to all this, I just did what i thought was best...

Thanks!
by elderwise
Fri Jul 22, 2016 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Thanks ruralavalon and Duckie for your response, Here is the list of the 401K / 457b options I have.I have attached the funds, if you point the particular fund i will get the ER its just I need to download the prospectus of each fund to view the ER, its so painful. Also, to your query avalon, i plan...
by elderwise
Fri Jul 22, 2016 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Welcome to the forum :) . Do you have a desired asset allocation that you want to aim for? What are the other funds (fund names, tickers & expense ratios) offered in this 403b? Do you have any other accounts, and if so what are they and what investments do you hold there? It's usually best to coord...
by elderwise
Fri Jul 22, 2016 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Can we also attach images from computer to upload to this post? I was trying to screen grab a list of all the available funds to me but did not find such option?
by elderwise
Fri Jul 22, 2016 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Re: Help rebalance existing 403B

Ok thanks i will update my original post..
by elderwise
Fri Jul 22, 2016 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)
Replies: 18
Views: 1295

Need advice on employer plans 401k, 457b, Roth 401K, Roth 457B ( 4 plans)

Emergency funds: 20K, not invested any where right now, planning to put in a taxable account at Vanguard (pls advise) Debt: None, planning to buy a home in the next few years(1-2) Tax Filing Status: MFJ , with 2 kids - spouse stay at home will be for sometime Tax Rate: 25% Federal, 3.75% State (Flat...