Search found 44 matches

by mikejomike
Fri Aug 18, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1161

Re: What type of bond fund for my purpose?

Your portfolio likely throws off way more than 1% a year in yield now in your taxable accounts. You are already covered. You want to make a bear play go for it. You want something that will hold up if the banking / brokerage system in the USA fails go for it. But 2-3% in mainstream investments aren...
by mikejomike
Fri Aug 18, 2017 7:52 am
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1161

Re: What type of bond fund for my purpose?

Thanks. I'm specifically talking taxable. My mention of penalties was in response to why I don't see a retirement account as a valid place to hold these bonds that I would need to access in a crisis. This is only about 2-3% of my portfolio, so it's just a bit of diversification *just in case*. The l...
by mikejomike
Fri Aug 18, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1161

Re: What type of bond fund for my purpose?

Generally, if there is severe inflation, you would want to avoid long-term bonds. If there is deflation, you would want to hold long-term bonds. In my opinion, during a recession/depression, capturing a bigger positive is less important than avoiding a bigger negative; therefore, I avoid long-term ...
by mikejomike
Thu Aug 17, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1161

Re: What type of bond fund for my purpose?

In "a several year depression scenario" I don't know what type of bonds other than Treasury bonds would be a secure source of cash to live on. I would worry about municipal bonds of any duration, since many local governments have severely underfunded pension liabilities and are often cash strapped ...
by mikejomike
Thu Aug 17, 2017 10:26 am
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1161

Re: What type of bond fund for my purpose?

We would want money to live. We have an emergency cash fund, but I'm looking at a several year depression scenario where we need money. Taking money from retirement accounts in this case would incur a penalty. This would not be a large portion of our portfolio, just a safety net. We are generally in...
by mikejomike
Thu Aug 17, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: What type of bond fund for my purpose?
Replies: 22
Views: 1161

What type of bond fund for my purpose?

I want to have bonds in my taxable account to have access to money in case of an equity crash. Access to retirement funds is 20+ years away. I know the general advice is tax exempt bonds, but would I want short, intermediate, limited or long term municipal bonds for the situation where equities crash?
by mikejomike
Wed Aug 16, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 121
Views: 7057

Re: Bitcoin

I found this interesting on the potential to manipulate BC price


https://hackernoon.com/meet-spoofy-how- ... c711d28eb4
by mikejomike
Wed Aug 16, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Fund in Taxable... ok for me?
Replies: 27
Views: 1623

Re: Bond Fund in Taxable... ok for me?

I'm considering bond funds in taxable as well. I have had both state muni and federal muni up until now. The federal muni (i.e. VMLUX) has pretty poor performance relative to BND, so I'm trying to figure out why not use BND instead of VMLUX. My state muni performs pretty well compared to BND, but I ...
by mikejomike
Wed Aug 09, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Can Schwab transfer in kind vanguard admiral
Replies: 2
Views: 296

Can Schwab transfer in kind vanguard admiral

I'm looking to transfer a brokerage account that contains some Vanguard Admiral funds. I'm investigating options by calling Vanguard, Fidelity & Schwab. I always read that Vanguard will not allow Admiral shares to be held outside of Vanguard. Fidelity told me they could not take Admiral funds, but S...
by mikejomike
Thu Aug 03, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: What Would You Do- Brokerage Transfer?
Replies: 9
Views: 422

Re: What Would You Do- Brokerage Transfer?

What is it costing you to stay with the current investments and advisor? It's costing 1% What percentage of the assets are not transferable? About 1/3 are not transferable Does it make sense to transfer the easy-to-move assets now, and wait to make decisions on the rest? If I do that, they will auto...
by mikejomike
Thu Aug 03, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: What Would You Do- Brokerage Transfer?
Replies: 9
Views: 422

What Would You Do- Brokerage Transfer?

I have a non-retirement investment account with an advisor. I want to transfer to Vanguard, but there are 5 of the 12 funds that cannot be transferred in kind. Unfortunately, these are the funds with the biggest gains that would need liquidated (approximately $55k gains). If you were in this situati...
by mikejomike
Thu Jul 27, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: How is the growth portion of a non-qualified 457b taxed?
Replies: 4
Views: 278

Re: How is the growth portion of a non-qualified 457b taxed?

Thanks...unfortunately we don't have a choice on how much to take out- a forced lump sum distribution. I'm running calculations on when it would be most effective to take distribution. I have another post covering the details of this, but it's kind of an unfortunate mistake/misunderstanding of the 4...
by mikejomike
Thu Jul 27, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: How is the growth portion of a non-qualified 457b taxed?
Replies: 4
Views: 278

How is the growth portion of a non-qualified 457b taxed?

Does anyone know how the growth portion of a non-qualified (non-governmental) 457b is taxed? Is it considered income or capital gains/dividends? I've googled this, but I can't find the answer. I was looking at some IRS documents online, and one says the contributions are taxed when the account is di...
by mikejomike
Mon Jul 24, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Can I transfer in kind if I don't have fund minimum?
Replies: 3
Views: 434

Re: Can I transfer in kind if I don't have fund minimum?

I don't want to keep these funds, but I don't want the gains from selling them now either. I am looking into what I need to do to transfer them and be ready if the market drops and I can better absorb the gains, or have a tax year where it makes sense to absorb the gains. These funds are GICIX, PRUF...
by mikejomike
Sun Jul 23, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Can I transfer in kind if I don't have fund minimum?
Replies: 3
Views: 434

Can I transfer in kind if I don't have fund minimum?

We have an investment account with a bank. There are several funds that have high minimum investments (million and up). We have maybe $50k in these funds. I'm sure there's some agreement that if the cumulative investments at that bank exceed the minimum, there can be holdings of less than the minimu...
by mikejomike
Sat Jul 22, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 457b distribution
Replies: 9
Views: 644

Re: Advice for 457b distribution

If kept in the 457b (and assuming constant tax rates while working and in retirement), the growth of the funds will be tax-free. That huge tax-advantage — which is enough to overpower even high expense ratios — goes away in a taxable account. I'm unclear on this statement- wouldn't the growth of th...
by mikejomike
Sat Jul 22, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 457b distribution
Replies: 9
Views: 644

Re: Advice for 457b distribution

I should not have referenced the cost basis. I was thinking that she already paid taxes on the contributions, which is not correct. I confirmed that these are the only two choices, unfortunately- no roll over options We are in our early 40's and will not need the money anytime soon (20+ years). I'm ...
by mikejomike
Sat Jul 22, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 457b distribution
Replies: 9
Views: 644

Advice for 457b distribution

I'm looking for thoughts/advice on a 457b distribution. My wife is taking some time off from work, and one of her accounts is a non-government 457b. She has about $250k in it (Basis is probably about 170k). I just found out she needs to either take it as a lump sum distribution now or it can be defe...
by mikejomike
Tue Jul 11, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: what happened to new KO roses?
Replies: 20
Views: 1416

Re: what happened to new KO roses?

Sorry, I don't know what it was. My sister gave it to me years ago, and I just had written the water mix ratio and that it was for killing beetles....
by mikejomike
Tue Jul 11, 2017 8:13 am
Forum: Personal Consumer Issues
Topic: what happened to new KO roses?
Replies: 20
Views: 1416

Re: what happened to new KO roses?

Not too early for Japanese beetles. Ours were COVERED with Japanese beetles, I just sprayed them the other day to kill them (in PA)
by mikejomike
Thu May 25, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Help! Renters asking for radon mitigation--what do I need to do?
Replies: 18
Views: 1786

Re: Help! Renters asking for radon mitigation--what do I need to do?

Most newer houses have a 3" or 4" pipe capped in the basement, or, better yet, a passive system that vents through the roof, but doesn't have an inline fan. Either way, it can be fairly cheap and easy to do if you're a DIY-er. I often hear it needs to be done by a certified mitigator, etc,...
by mikejomike
Sat May 06, 2017 8:09 am
Forum: Investing - Theory, News & General
Topic: Is it possible NAV was reported wrong: funds lost 6-8%
Replies: 5
Views: 567

Re: Is it possible NAV was reported wrong: funds lost 6-8%

Thanks...I didn't even know where to look for distributions....I just never saw that before. Now I know...
by mikejomike
Sat May 06, 2017 7:17 am
Forum: Investing - Theory, News & General
Topic: Is it possible NAV was reported wrong: funds lost 6-8%
Replies: 5
Views: 567

Is it possible NAV was reported wrong: funds lost 6-8%

My wife has a couple index funds in her 401k that had questionable performance on Friday. They are both Voya funds. One is IPMIX (-6.8% on 5/5), which is supposed to track the S&P 400 mid cap index (+.83% on 5/5). The other is IIRSX (-7.58% on 5/5), which is supposed to track the Russell 2000 in...
by mikejomike
Wed May 03, 2017 7:35 am
Forum: Personal Finance (Not Investing)
Topic: How quick is too quick for a job offer?
Replies: 29
Views: 3595

Re: How quick is too quick for a job offer?

I got a job offer after my first interview. It lasted 6-8 hours, talking with various people and departments. At the end, I went back to the office of the guy who would be my boss and they offered the job. I've been here 19 years now.
by mikejomike
Fri Apr 07, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Are there stipulations to buying and selling index funds?
Replies: 4
Views: 468

Re: Are there stipulations to buying and selling index funds?

You may get into 'wash sales' with the IRS...Google it and read about it. I don't think it would apply in a Roth though.
by mikejomike
Thu Apr 06, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Transfer of Assets Timing
Replies: 5
Views: 398

Re: Transfer of Assets Timing

Thanks for the feedback. I may have to go with the rollover. The fund options are limited, and the new custodian (Fidelity) cannot take the current funds in kind (that would be ideal)
by mikejomike
Thu Apr 06, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Transfer of Assets Timing
Replies: 5
Views: 398

Transfer of Assets Timing

I will be transferring a $300k solo 401k to a new custodian. This means the money will be out of the market for up to 2 weeks. I know the general thought is not to time the market, but at this point in time, if you were to transfer, would you do it immediately or is there some event you would wait f...
by mikejomike
Wed Apr 05, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Are there fees for dividend reinvestment?
Replies: 2
Views: 538

Are there fees for dividend reinvestment?

I am transferring an SE401k to Fidelity. I want some Vanguard in it, specifically Wellesley. I know there will be an initial charge to buy the fund, but does anyone know if there will be fees for the dividend reinvestment?
by mikejomike
Mon Mar 20, 2017 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Utah Vs. New York 529 - Which one and why?
Replies: 18
Views: 1455

Re: Utah Vs. New York 529 - Which one and why?

We have Utah. If you use the age based investment, they put you in VITPX (VG Total Market) with a .02 ER. I can get a state tax deduction for a 529 in any state, and I chose Utah. It's consistently rated very high.
by mikejomike
Mon Mar 20, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Where to find yearly returns: Barclay Municipal
Replies: 1
Views: 403

Where to find yearly returns: Barclay Municipal

I'm looking at the performance of a holding relative to the benchmarks, going back to 2008. Finding yearly S&P data is rather easy, but I'm struggling with finding yearly data on Barclay Municipal. Morningstar has lots of info, but it seems to be a rolling basis...I'm looking for the return for ...
by mikejomike
Mon Mar 20, 2017 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Advice for moving from financial advisor
Replies: 11
Views: 986

Re: Advice for moving from financial advisor

I've never transferred a taxable account, but if you transfer in kind, will all basis information be transferred as well? I'm looking to get away from our FA, but there is still some uncovered holdings that I'm not sure how they will be handled. I have to investigate as to whether or not I'm up for ...
by mikejomike
Mon Mar 13, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: How big of an ETF buy will significantly move an ETF price?
Replies: 9
Views: 707

Re: How big of an ETF buy will significantly move an ETF price?

I suspected it would be somewhat of a drop in the bucket...thank for the confirmations
by mikejomike
Mon Mar 13, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: How big of an ETF buy will significantly move an ETF price?
Replies: 9
Views: 707

How big of an ETF buy will significantly move an ETF price?

How big of an ETF buy will significantly move an ETF? I doubt I'm anywhere close to what would move the needle much, but if I put in a $100,000 market order for an ishares (lets say IJR, currently $68.47/share), could I reasonably expect it to stay in a +/-$.10 range (as a wild guess)? I assume the ...
by mikejomike
Fri Mar 10, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest 401k
Replies: 3
Views: 301

Re: How to Invest 401k

I'm trying to consolidate many accounts and many (about 45) different funds. I guess I should've just asked the question: is there a good reason to have bonds in an account that will not be touched for 20+ years, regardless of other investments?
by mikejomike
Fri Mar 10, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest 401k
Replies: 3
Views: 301

How to Invest 401k

I'm rolling over a Solo 401k with 300k in it. Probably won't have any more contributions to it, at least in the near term. We have 1 yr cash emergency fund, bonds in a taxable account that will cover about another 10 yrs in an emergency (including paying off the remainder of a mortgage). We won't to...
by mikejomike
Wed Mar 08, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Should I be distributed throughout the Style Map?
Replies: 6
Views: 406

Re: Should I be distributed throughout the Style Map?

Thanks for the responses. I think I currently have the hodgepodge of funds, partially because of limited offerings in 401k's. But I'm in the process of moving the funds that I have more control over to the total market funds.
by mikejomike
Wed Mar 08, 2017 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Should I be distributed throughout the Style Map?
Replies: 6
Views: 406

Should I be distributed throughout the Style Map?

When you look up funds, they give the style map where they fall- large value, mid blend, etc. Should I try to make my investments fall into as many of these as I can, or is this not very important? I'm currently trying to shift things around from funds my wife had with an adviser.
by mikejomike
Mon Mar 06, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: List of different Vanguard shares that cover the same fund?
Replies: 8
Views: 525

List of different Vanguard shares that cover the same fund?

Anyone know where I can find a list of Vanguard shares theat have different tickers but cover the same fund? For example, the
Vanguard Total Stock Market Index Fund has institutional shares under VITPX, Admiral shares under VTSAX, Investor Shares under VTSMX and ETF under VTI.

Thanks
by mikejomike
Fri Mar 03, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: One roll over per year rule- why?
Replies: 3
Views: 476

Re: One roll over per year rule- why?

If someone had 3 IRAS, they could pull money from IRA 1. 59 days later, take money from IRA 2 and put it back into IRA 1. Then 59 days later, take money from IRA 3 and put it back into IRA 2. 59 days after that, they have to come up with the money to put it back into IRA 3. None of those withdrawal...
by mikejomike
Fri Mar 03, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: One roll over per year rule- why?
Replies: 3
Views: 476

One roll over per year rule- why?

I came across the one rollover per year rule today. Initially I thought I violated it, but it turns out I did transfers as opposed to rollovers. Looking in it, I'm trying to figure out the purpose of this rule- what is it really trying to protect against? Also, the IRA to Roth conversions, as well a...
by mikejomike
Thu Mar 02, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: How to move solo 401k from one provider to another
Replies: 1
Views: 176

How to move solo 401k from one provider to another

Does anyone have experience moving a solo 401k from one provider to another? My wife has a solo 401k that she's not actively using, though may want to use in the future. We'd like to move it from the current (high fee, low options) provider to Fidelity. Not rolling into an IRA also allows use to do ...
by mikejomike
Wed Mar 01, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Self Employed 401k vs IRA
Replies: 4
Views: 412

Re: Vanguard Self Employed 401k vs IRA

You can amend your one-participant 401k to another provider. There are two fairly decent options with the equivalent of Vanguard Admiral shares which Vanguard does not offer in their Individual 401k. TD Ameritrade offers commission-free trades of Vanguard ETFs. They accept rollovers, have designate...
by mikejomike
Tue Feb 28, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Self Employed 401k vs IRA
Replies: 4
Views: 412

Re: Vanguard Self Employed 401k vs IRA

PFInterest wrote:if the options are good leave it alone.

They're not. That's why I want to move it.
by mikejomike
Tue Feb 28, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Self Employed 401k vs IRA
Replies: 4
Views: 412

Vanguard Self Employed 401k vs IRA

My wife has an old self employed 401k that is still open, but not actively contributed to. We're considering rolling it into a Vanguard IRA or a Vanguard 401k. She used to do contract work, and there's a very small possibility that she may go back to it, so if it's pretty much all the same, we'd lik...