Search found 5 matches

by heatstroke
Sat May 20, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions - from a novice
Replies: 9
Views: 769

Re: Portfolio Questions - from a novice

No. You expect your income to rise soon to a point you can't contribute to a Roth IRA directly. If you roll the $30K to a Rollover IRA that will get in the way of the backdoor method. You have excellent options at the old 401k. So I see three choices: Roll the old Fidelity 401k to a Rollover IRA at...
by heatstroke
Thu May 18, 2017 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions - from a novice
Replies: 9
Views: 769

Re: Portfolio Questions - from a novice

1.) I'd exchange the investments in the IRAs for low cost, total market, index funds. Are you referring to the LPL account? If you are, we are both on the same page. 2.) That new 401k isn't great. I'd look at the 500 Index, total bond, total stock, and the vanguard target date funds closely. We are...
by heatstroke
Thu May 18, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions - from a novice
Replies: 9
Views: 769

Re: Portfolio Questions - from a novice

I'd bump this up to 20% bonds. I am not dead set on the 90/10 ratio, I have not been through a Bear Market yet so this is just an educated guess for now. I would like to think that with 30+ years until retirement that I would be able see it through but I am not sure. Desired International Allocatio...
by heatstroke
Thu May 18, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions - from a novice
Replies: 9
Views: 769

Re: Portfolio Questions - from a novice

Dave Ramsey says dinner tastes different when eating at your debtors table and I tend to agree. I would pay the loan asap. This is a good perspective. I would like to do this sooner rather than later. Ideally in 3 years but more realistically in 5 years. I would take advantage of backdoor Roth befo...
by heatstroke
Wed May 17, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions - from a novice
Replies: 9
Views: 769

Portfolio Questions - from a novice

Hi, this is my first post. I am just starting to take control of my finances, recently read the White Coat Investor, Little Book of Common Sense Investing, Boglehead Guide to Investing. I still have a lot to learn and was debating whether or not should I should read some more before making concrete ...

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