Search found 206 matches

by neveragain
Thu Mar 08, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2498

Re: Didn't invest in my company 401K - mistake?

15 years ago was pre-fininancial crisis… how did you guys navigate that particular storm? An early IRA account I had, (pre-bogleheads via UBS) had ridiculously high fees and a small balance, so that even though the funds themselves did relatively well compared to their benchmarks, the balances neve...
by neveragain
Thu Mar 08, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2498

Re: Didn't invest in my company 401K - mistake?

wolf359 wrote:
Thu Mar 08, 2018 11:05 am

You've implied that you invested in 401ks since then, or for the past 12 years.
No, after I left that job, I had no more jobs that offered 401Ks. I started an IRA and invested money in that.
by neveragain
Thu Mar 08, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2498

Re: Didn't invest in my company 401K - mistake?

The bigger question is what did you do with your money? Did you save it somewhere else instead or just spend it? I was paying all the bills at the time when my spouse was in a MBA program. I'm just reflecting back on things and wondering how I was duped by a so-called "financial expert". I had poor...
by neveragain
Wed Mar 07, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2498

Didn't invest in my company 401K - mistake?

Years ago when I got married, I was paying all our bills while my spouse was in school. My company offered a 401K plan. My spouse said he would get his cousin a "financial guru" and successful investor, to look over the 401k and give me his advice on it. So his cousin told me the plan wasn't worth m...
by neveragain
Sat Feb 24, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3527

Re: The Three-Fund Portfolio

Taylor Larimore wrote:
Sat Feb 24, 2018 4:20 pm
neveragain wrote:
Sat Feb 24, 2018 4:10 pm

I haven't heard of Taylor Larrimore 3 fund portfolio. I'll have to look it up.
neveragain:

This is the link: The Three-Fund Portfolio

Best wishes.
Taylor
Thanks so much!
by neveragain
Sat Feb 24, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3527

Re: Financial proposal from Adviser

Did his original computations INCLUDE all the loads and fees from the their funds as well as his costs? Ask him what the number would be with those expenses included. I bet his original numbers did not include them. It says "Charges and Fees" on an initial 200K investment is $3,500. But it doesn't ...
by neveragain
Sat Feb 24, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3527

Re: Financial proposal from Adviser

I received a hypothetical proposal from a financial advisor with EJ, I moved all my accounts from them but still have a 529 plan with them. It's a proposal to grow my funds from around 200K to almost 800K over a span of 20 years. It would be half in American funds (index funds, bond index funds) an...
by neveragain
Sat Feb 24, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3527

Re: Financial proposal from Adviser

here you type in things like years for timelines, goals, and risk tolerance, and it will lay out a portfolio. For FREE. Ten See if it matchs up with things from other articles or tools you can find about portfolio allocations and goal and risk. https://www.schwab.com/public/schwab/investment_advice...
by neveragain
Sat Feb 24, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3527

Re: Financial proposal from Adviser

The thing is, factor tilting sometimes trails the market. You have to be committed long term. I understand why lots of people say to heck with it all and just go with a simple Taylor Larimore three fund portfolio. Simple but very cheap and very effective. Odds are pretty good that Taylor's simple p...
by neveragain
Fri Feb 23, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3527

Financial proposal from Adviser

I received a hypothetical proposal from a financial advisor with EJ, I moved all my accounts from them but still have a 529 plan with them. It's a proposal to grow my funds from around 200K to almost 800K over a span of 20 years. It would be half in American funds (index funds, bond index funds) and...
by neveragain
Wed Feb 21, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 6338

Re: Sams Club vs Costco

I've had a Costco membership for 2 years now. I like purchasing gas there but the food is a disappointment. Their frozen pizza (Kirkland brand) is the worst I've ever had. I think the pizza crust is made out of the same cardboard that it's packaged in. It was so bad I threw it in the trash. I also f...
by neveragain
Wed Feb 21, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Make sense to setup 529 for high school junior?
Replies: 19
Views: 1500

Re: Make sense to setup 529 for high school junior?

Even if not enough time, what about if he decides to go to graduate school after college? The 529 might earn enough to help him with graduate school expenses. I'd recommend a conservative growth plan for the 529 rather than an aggressive one, for such a shorter time frame.
by neveragain
Thu Feb 15, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

Given above, a first cut at restructuring your investments would look like: Roth IRA: Four-in-one fund. (Chosen retirement date ~15 years from now (65 - early 50s)). Traditional IRA: Four-in-one fund. (Ditto.) Taxable: TSM (80% of taxable equities) + TISM (20% of taxable equities) + CD ladder at Fi...
by neveragain
Wed Feb 14, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

I noticed that too. After my 2007 forum review and getting rid of the tax-inefficient investments that were pushing me into the 25% tax bracket, the use of munis helped me remain in the 15% tax bracket for 3-4 more years, meaning I got those TE dividends, PLUS all QDI was taxed at 0% :) I forgot ab...
by neveragain
Wed Feb 14, 2018 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

But as other posters have noted, you need to look at your portfolio as a whole. Once you have decided how much you want to hold in bonds, it's probably better for you to fill your IRAs with bonds, and hold stock in your taxable account. The reason is that, in your tax bracket, you pay almost no tax...
by neveragain
Wed Feb 14, 2018 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

\OP, this is an excellent thread with really good input above. But getting to basics, we need more information on what you have in tax-deferred (and Roth IRA if applicable) and in taxable. You need to look at your entire portfolio. You may be able to increase your bonds in tax deferred to your desi...
by neveragain
Tue Feb 13, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

Meaning the only thing we need to manage is our taxable investments, which should be discrete funds (not all-in-one funds, which are tax-inefficient). Thanks. I was considering a Fidelity fund that is Four-In-One. I'm wondering if that would be "tax inefficient". It's basically just four different ...
by neveragain
Tue Feb 13, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

This http://quotes.morningstar.com/chart/fund/chart?t=FUSEX says the TTM (trailing twelve month) yield is 1.6%. I believe S&P500 and TSM typically return 2-2.5%. FUSEX's current lower yield is probably due to its current high price: (stable dividends) / (current high price) = (lower TTM yield). How...
by neveragain
Mon Feb 12, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

Thanks for your response. It does seem that munis work better for people in higher tax brackets and I should move on from considering them. But I'm still going to keep all this information handy and will look into VWLTX. I may decide to invest some money in a Fidelity 500 index fund first, which wou...
by neveragain
Sun Feb 11, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

I am bumping this because I edited my OP above to include more info.
by neveragain
Sun Feb 11, 2018 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

OK I will get the info and edit my OP probably by tomorrow evening sometime.
by neveragain
Sat Feb 10, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

National muni funds are only fed tax exempt. And depending upon your tax brackets may not be recommended. Single-state muni funds can be triple tax exempt, but come with more (single-state default) risk. And depending upon your home state, may not be recommended.. I live in Texas there is no state ...
by neveragain
Sat Feb 10, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

I wasn't aware that muni bond funds were that risky.
by neveragain
Fri Feb 09, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

The expense ratio for SNTIX is 0.9%, is that a little high? It also looks like I can purchase it through Fidelity.
by neveragain
Fri Feb 09, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: From EJ to Vanguard to Schwab
Replies: 21
Views: 2067

Re: From EJ to Vanguard to Schwab

I moved all my money out of Vanguard for the same reason last year - horrible customer service. Had trouble getting people on the phone as well.
by neveragain
Fri Feb 09, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

Iliketoridemybike wrote:
Fri Feb 09, 2018 7:56 pm
SNTIX blows VWITX out of the water for returns at every interval. Check it out. 2x the Sharpe ratio and a 30% higher yield.
I have looked into this and will consider it. Morningstar says it's risk is high at 5 years although returns are high, too.
by neveragain
Fri Feb 09, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

wrl wrote:
Fri Feb 09, 2018 9:03 pm
Have you looked at your state specific funds for full triple tax free interest? I live in Maryland and invest in the Trowe MDXBX fund. BTW I have my account at fidelity and have been very happy with them.
No, I haven't but I thought all municipal bond funds were completely tax free?
by neveragain
Fri Feb 09, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

If you want to go the fund route, you'll likely want to choose from FTABX or FLTMX. Their expense ratios are 0.25% and 0.35% respectively. Both are fairly low expense, managed funds differing largely in duration and average maturity. I think both have similar credit quality, which is, overall, lowe...
by neveragain
Fri Feb 09, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

I just checked out VWITX on Morningstar. Looks like it's risk level is better than the other ones recommended by Fidelity. Returns are above average. I will see about setting this up with Vanguard. I'd like to invest around 10-20K in it. Not sure what the minimum is, though. Interesting enough morni...
by neveragain
Fri Feb 09, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

Fidelity is not your friend. Both of these funds have 4.75% front end loads and then ongoing 1% carrying loads. They will most likely lose money for years as the loads will eat all the earnings for years. The returns you see are before loads are subtracted. Thanks. I do not want loaded funds so I w...
by neveragain
Fri Feb 09, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Re: Choosing muni bond funds

dratkinson wrote:
Fri Feb 09, 2018 7:26 pm
BH Choosing muni bond funds


The short answer. Move your IRA to Vanguard and buy VWITX.

This is not in my IRA. It would be an independent investment, outside of my IRA.

I will look into VWITX if it's a good muni bond fund.
by neveragain
Fri Feb 09, 2018 6:42 pm
Forum: Personal Consumer Issues
Topic: Best Valentines Day Gift
Replies: 12
Views: 1831

Re: Best Valentines Day Gift

I don't see all the big money being spent on V Day that others do. A dinner out or a bouquet of flowers doesn't break our bank account. Never has, even when we were poorer.
by neveragain
Fri Feb 09, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 5034

Choosing muni bond funds

I am interested in muni bond funds to invest outside of my IRA. I am in the 10% tax bracket for 2017. (According to this calculator I found online, if that's not reliable I will need to talk to my CPA). We are in Texas , so no state income tax. In previous years, my spouse earned 80 to 100K, but las...
by neveragain
Fri Feb 09, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 4075

Re: A bill from the doctor - how/should I contest?

No knowledge, experience or opinion - just amazed at the description of "behind the scenes". I wonder if there is a CPT code for that? I'd want the code. But I likely wouldn't pay the bill and would contest it. I think it's a grab for money. I wouldn't be surprised if they're billing all their pati...
by neveragain
Fri Feb 09, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 4075

Re: A bill from the doctor - how/should I contest?

I would contest the bill. I see it as a grab for more money from their patients. Infertility patients are often seen as cash cows by the medical profession. I went through this myself for years. Saying something is "behind the scenes" is not a sufficient explanation. If for some reason, you do pay t...
by neveragain
Thu Feb 08, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Muncipal Bond funds
Replies: 6
Views: 1146

Re: Muncipal Bond funds

I am now considering: MEMTX (BlackRock), GSMIX and EMOAX. These are 3 muni bond funds recommended to me by someone at Fidelity. They are intermediate term bond funds. the MEMTX had a dividend of 2.32% and a term of 4.9 years. What I may do is, invest in all 3 of these muni bond funds just for the sa...
by neveragain
Thu Feb 08, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 113
Views: 6982

Re: Suggest coffee maker please

I've had a Krupps and it worked pretty well. I wouldn't recommend a Keurig. They're big, take up a lot of space on the counter, and the K cups are expensive unless you get a really good sale. (They also aren't good for the environment as they wind up in landfills and don't decompose). I've actually ...
by neveragain
Thu Feb 08, 2018 6:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6428
Views: 1379280

Re: U.S. stocks in freefall

I am glad I didn't put money from my cash reserves into 529 plans. Right before the market dropped, I had planned to do that .Glad I didn't get around to it.
by neveragain
Thu Feb 08, 2018 5:58 pm
Forum: Personal Consumer Issues
Topic: Children extracurricular activities
Replies: 10
Views: 1505

Re: Children extracurricular activities

That has been offered at some places where my children have enrolled in activities. I have not gone for it because my kids interests might change before the 6 months or year is up, and then we'd probably be out the money. Or the place might go out of business. Too much risk for too little reward. I...
by neveragain
Thu Feb 08, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1013

Re: Need advice on a good index fund

I do have some concerns what I will be taxed plus what the fund's expenses will be. If you buy-and-hold, you will only incur tax on capital gains distribution. Currently, S&P 500 pays around 2% dividend. $5000 x 2% = $100. That's your estimated annual capital gains distribution that's subject to ta...
by neveragain
Wed Feb 07, 2018 7:25 pm
Forum: Personal Consumer Issues
Topic: Children extracurricular activities
Replies: 10
Views: 1505

Re: Children extracurricular activities

That has been offered at some places where my children have enrolled in activities. I have not gone for it because my kids interests might change before the 6 months or year is up, and then we'd probably be out the money. Or the place might go out of business. Too much risk for too little reward. I...
by neveragain
Wed Feb 07, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1013

Re: Need advice on a good index fund

At 0.09%, your $5000 investment in FUSEX will incur $0.90 per $1000 or $4.50/year. Versus $0.35 per $1000 or $1.75/year with FUSVX. that's not hugely significant, then. Even after several years, $4.50 a year isn't that much. I think I should be more concerned about whether the fund meets it's bench...
by neveragain
Wed Feb 07, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: Children extracurricular activities
Replies: 10
Views: 1505

Children extracurricular activities

Has anyone been able to work out a deal to pay for classes or lessons, by paying 6 month to 1 year upfront if a discount is offered?
by neveragain
Wed Feb 07, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1013

Re: Need advice on a good index fund

0.09% seems a tiny bit high. I use ITOT at Fidelity (0.03%) Do you have this one in your taxable or your non-taxable investments? It's in my 401k. My taxable is at Schwab, but I would just as soon have a slightly lower ER if the holdings aren't that different and it was in my taxable. I use SCHB in...
by neveragain
Wed Feb 07, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1013

Re: Need advice on a good index fund

ksualum wrote:
Wed Feb 07, 2018 3:26 pm
0.09% seems a tiny bit high. I use ITOT at Fidelity (0.03%)
Do you have this one in your taxable or your non-taxable investments?
by neveragain
Wed Feb 07, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1013

Re: Need advice on a good index fund

Thanks. I thought the 0.09% might be a tiny bit high but would be worth it, if the fund is good. I will check out the other ones mentioned here.
by neveragain
Wed Feb 07, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1013

Need advice on a good index fund

I am looking for a good index fund (S&P 500) for my portfolio and am looking at FUSEX with it's expense ratio of 0.09%, I'd like to start small with an initial $5,000 to invest in this. It will be taxable because it's outside of my IRA so I do have some concerns what I will be taxed plus what the fu...
by neveragain
Fri Feb 02, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Muncipal Bond funds
Replies: 6
Views: 1146

Re: Muncipal Bond funds

Ready3Retire wrote:
Thu Feb 01, 2018 6:43 am
Two I like are: FMHTX - Fido Mich Muni bond fund, and VWIUX Vang intermediate term muni bond fund. You can sell either whenever you want.
Thanks.
by neveragain
Fri Feb 02, 2018 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Muncipal Bond funds
Replies: 6
Views: 1146

Re: Muncipal Bond funds

I think you're right a shorter duration fund would be better.
by neveragain
Thu Feb 01, 2018 12:53 am
Forum: Investing - Help with Personal Investments
Topic: Muncipal Bond funds
Replies: 6
Views: 1146

Muncipal Bond funds

I would like to invest in a municipal bond fund, can anyone recommend one? I'd like one that I could invest in for 10k to start. I am interested in the tax free advantages of a fund like this. I am looking at Fidelity's fund FTABX, it's returns have been 6.44 % over the past year. Once you buy into ...