Search found 152 matches

by neveragain
Fri Sep 01, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4332

Re: Robert Kiyosaki - rich dad, poor dad

If you have the time to learn more about charlatans, read about Kiyosaki. Read John T. Reed, who has written about Kiyosaki's claims. Real estate transaction prices are public info. I will read some more about him. Overall, I'm not interested in doing any real estate investing anyway. I know lots o...
by neveragain
Fri Sep 01, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4332

Re: Robert Kiyosaki - rich dad, poor dad

I read Kiyosaki when I was in my teens; it was great to see the difference between an asset and liability clearly explained. Other than that, it's mostly drivel. I thought some of the book was overly simple. Like explaining to his audience that credit card debit is a liability. Well, I already knew...
by neveragain
Fri Sep 01, 2017 2:00 pm
Forum: Investing - Theory, News & General
Topic: Robert Kiyosaki - rich dad, poor dad
Replies: 45
Views: 4332

Robert Kiyosaki - rich dad, poor dad

Has anyone read Kiyosaki's books and would you recommend them?
by neveragain
Tue Aug 08, 2017 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: Cheapest 529 Plan - Not worried about State tax deduction
Replies: 6
Views: 665

Re: Cheapest 529 Plan - Not worried about State tax deduction

The Utah plan has age-based options that are invested in Vanguard. That is the one I use. Fees are low.

Note: only the age-based options are Vanguard funds. The static options they offer, are not.
by neveragain
Tue Aug 01, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate this fund - JYHIX
Replies: 6
Views: 636

Re: Evaluate this fund - JYHIX

[ If your AA does include junk bonds, are you asking if you should choose a different junk bond fund? (The expense ratio is high for the JHancock fund.) . I read "never" to use junk bonds at all. In any type of portfolio. But yes, the expense ratio is high for something that is mostly made of junk ...
by neveragain
Mon Jul 31, 2017 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate this fund - JYHIX
Replies: 6
Views: 636

Re: Evaluate this fund - JYHIX

F150HD wrote:The fund normally invests at least 80% of its assets in U.S. and foreign fixed-income securities rated BB/Ba or lower and their unrated equivalents.
OK. I'm getting rid of it. Decision made.
by neveragain
Mon Jul 31, 2017 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate this fund - JYHIX
Replies: 6
Views: 636

Evaluate this fund - JYHIX

I don't know if I should toss this one or not out of my IRA. Its JYHIX. A high yield, class A fund. I wonder if it includes junk bonds. Expense ratio in the prospectus is .71%.

I already have a fidelity bond fund that I like, so wonder if I should get rid of this.
by neveragain
Thu Jul 27, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

neveragain, I think I can relate to your situation. When I jumped from EJ to Fidelity, I spent an enormous amount of time evaluating funds, hashing over asset allocation, etc. In the end, I decided to put a Vanguard target date fund in my IRA and be done with it. It has 4 vanguard index funds (fore...
by neveragain
Wed Jul 26, 2017 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to find correct expense ratio
Replies: 4
Views: 453

Re: Cost vs. other considerations

neveragain: Alex is correct, you would pay approximately 0.03%. 0.03% is 3/100 of one percent--virtually nothing. When we are talking about such small difference in cost, other considerations are more important such as service, website, company philosophy, experience, tax-efficiency, convenience an...
by neveragain
Wed Jul 26, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

John Laurens wrote:
neveragain wrote:Thanks, I''ll try to implement that strategy. i need to find a total international stock market index, so if anyone can recommend a good one, let me know.
You are at Fidelity correct? It's called Fidelity Total International Stock Index.

Regards,
John
Yes, Fidelity. Thanks.
by neveragain
Wed Jul 26, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

Thanks, I''ll try to implement that strategy. i need to find a total international stock market index, so if anyone can recommend a good one, let me know.
by neveragain
Wed Jul 26, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: How to find correct expense ratio
Replies: 4
Views: 453

How to find correct expense ratio

Morningstar gives ER information. Net Expense Ratio, Prospectus 0.03% and Net Expense Ratio: Category Average 0.40% for SCHX. I've noticed this is the same format they use for giving ER for many other funds. So, which ER am I paying with SCHX. The ER given in the prospectus or the category average?
by neveragain
Wed Jul 26, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

If you own Vanguard FTSE All-World ex-US ETF (VEU), you already hold emerging markets stocks at their market weight. The use of iShares Core MSCI Emerging Markets ETF (IEMG) represented an overweight towards emerging markets. There's nothing wrong with that, but was that your intent? ? It was the i...
by neveragain
Tue Jul 25, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

If you own Vanguard FTSE All-World ex-US ETF (VEU), you already hold emerging markets stocks at their market weight. The use of iShares Core MSCI Emerging Markets ETF (IEMG) represented an overweight towards emerging markets. There's nothing wrong with that, but was that your intent? ? It was the i...
by neveragain
Tue Jul 25, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

I'm not knocking Vanguard funds, just questioning your reasoning for change. I'm trying to buy more index funds and in order to meet the minimum requirement for these funds, I have to sell other things. I am in Fidelity and they have low expense index funds. I still have holdings in VEU (Vanguard I...
by neveragain
Tue Jul 25, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

I just looked and realize I have VEU. vanguard international equity index. So that is some international equity in my portfolio. It has a higher ER though.
by neveragain
Tue Jul 25, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: Books not to read.
Replies: 155
Views: 12295

Re: Books not to read.

I don't know if this is on anyone's Do Not Read list. But I read Rule Your Freakin' Retirement by Michael "Waxie" Parness. How to retire rich by actively managing your assets. He talks about stock trading a lot. However, I don't think active trading is something I could take on without lots of knowl...
by neveragain
Tue Jul 25, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

But still, objectively, I'd consider a 0.14% ER for a fund in a relatively costly sector of the market to trade to be pretty darned good. This cost doesn't apply to your whole portfolio. To give you some peace of mind, go ahead and compute the difference in annual costs for the dollar amount of you...
by neveragain
Tue Jul 25, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

However, with all that being said, you might want to reconsider your AA if an emerging markets fund is your only source of international equity exposure. Do you have exposure to developed international equities elsewhere? Ok, there's a bond fund with international stuff in it, but that's not equiti...
by neveragain
Tue Jul 25, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 7017

Re: Post Nuptial agreement guaranteeing alimony?

I think it all depends on whether he would agree to sign such an agreement.
by neveragain
Tue Jul 25, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

Is it good to include some emerging market funds in your IRA? If your asset allocation (AA) includes emerging markets exposure, an IRA is a perfectly good place to own it. I just dumped IEMG out of mine but wonder if I should have. Morningstar gives it 3 stars. ER is .14%. Includes stocks in emergi...
by neveragain
Tue Jul 25, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Re: Emerging market funds

Is it good to include some emerging market funds in your IRA? I just dumped IEMG out of mine but wonder if I should have. Morningstar gives it 3 stars. ER is .14%. Includes stocks in emerging market countries. neveragain: Vanguard Total International Index fund currently holds about 20% of its port...
by neveragain
Tue Jul 25, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging market funds
Replies: 30
Views: 2278

Emerging market funds

Is it good to include some emerging market funds in your IRA? I just dumped IEMG out of mine but wonder if I should have. Morningstar gives it 3 stars. ER is .14%. Includes stocks in emerging market countries.
by neveragain
Mon Jul 24, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Making trades in IRA
Replies: 6
Views: 542

Making trades in IRA

I am starting to make trades in my IRA, to trade out the Edward Jones stuff and replace it with Fidelity funds. The phone rep at Fidelity suggested that if tomorrow the market is down, that I wait until it goes back up to do these trades. I'd rather not wait, what's the risk? He said the market is p...
by neveragain
Sat Jul 22, 2017 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Any contractors who get benefits?
Replies: 9
Views: 890

Re: Any contractors who get benefits?

Is it possible to have a SEP IRA, along with an individual IRA and a Roth?
by neveragain
Sat Jul 22, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Any contractors who get benefits?
Replies: 9
Views: 890

Re: Any contractors who get benefits?

I contract directly with a business (no middleman or agency).
by neveragain
Sat Jul 22, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Any contractors who get benefits?
Replies: 9
Views: 890

Re: Any contractors who get benefits?

As a contractor, look into SEP-IRA's and Solo 401k's. Both are a lot better than typical employee 401ks. The limits are much higher per year (up to $53k). They are the best benefit an independent contractor gets IMO. Plus you can invest anywhere and not be stuck with the funds an employer sponsored...
by neveragain
Sat Jul 22, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Any contractors who get benefits?
Replies: 9
Views: 890

Any contractors who get benefits?

I am wondering if anyone here works contract, who also receives some benefits from the employer they contract with? I do some contract work for a business for over 2 years now and wonder if it would be possible to enroll in any 401K program they have, even though I do contract work. I'd rather find ...
by neveragain
Sat Jul 22, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have to liquidate or move my account if I decide to dump my financial advisor?
Replies: 10
Views: 1518

Re: Do I have to liquidate or move my account if I decide to dump my financial advisor?

I'm pretty sure you can leave the advisory services. I just found out from Edward Jones, that I could have opted not to use their advisory services program and then I wouldn't have had to pay an AUM fee. But it was never offered to me in the beginning. So it's a little late now as I've already switc...
by neveragain
Fri Jul 21, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Best investments for a Roth IRA
Replies: 3
Views: 390

Best investments for a Roth IRA

Is it okay to put the same things in a Roth IRA as you would in a traditional IRA, such as stock index funds and bond index funds, or is Roth investing somehow different?
by neveragain
Thu Jul 20, 2017 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan and first child on the way
Replies: 11
Views: 798

Re: 529 plan and first child on the way

Look for one of the best 529 plans. If there are no tax benefits to using your own state's plan, choose a plan from any state in the US. I went with Utah's plan because my state, Texas, offers no tax benefits for using their state's plan. Utah Educational Savings plan also has very low fees, but so ...
by neveragain
Thu Jul 20, 2017 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: the mechanics of ETF trading
Replies: 6
Views: 611

Re: the mechanics of ETF trading

What kinds of ETFs are you interested in?

I am looking at a tech ETF for my IRA called FTEC. However, I would only consider putting one or two ETFs in my IRA. The rest would be index funds.
by neveragain
Thu Jul 20, 2017 3:17 pm
Forum: Personal Consumer Issues
Topic: SAT scores - whats the point??
Replies: 37
Views: 2001

Re: SAT scores - whats the point??

I don't even remember what I scored on my SAT.

Some colleges accept only ACT scores. I don't know why.
by neveragain
Thu Jul 20, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab's Modern Approach to Asset Allocation - Comments
Replies: 28
Views: 2720

Re: Schwab's Modern Approach to Asset Allocation - Comments

I invest with Schwab and like their platform and ETFs but the articles are no better than something we'd expect from Raymond James, Edward Jones or Merrill Lynch. Self serving crap designed to get readers to run around with their hands in the air screaming "it's all too complicated....I must hire a...
by neveragain
Thu Jul 20, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4485

Re: Expense Ratios, how high is too high

We are willing to pay up for performance. As one example, the ER fee of .76 has been worth paying for an actively managed fund at Fidelity that we hold in our IRA's - (FSCSX) Fidelity® Select Software and IT Services Portfolio. I'm looking at a bond fund at Fidelity that charges an expense ratio of...
by neveragain
Thu Jul 20, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4485

Re: Expense Ratios, how high is too high

Few realize the long term impact of fees added to high ER's. If you do transfer to Fidelity, please avoid their PAS service and invest in the low fee index funds they offer. The chart below, which has been published here many times reflects the drag on your portfolio due to fees, which is also rela...
by neveragain
Wed Jul 19, 2017 10:55 pm
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3118

Re: Indoor activities for a 3-year-old

My kids watch educational stuff on youtube.
by neveragain
Wed Jul 19, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Conversation with investment broker
Replies: 2
Views: 456

Conversation with investment broker

Initiated transferring my two IRAs to Fidelity and 529 plans to UESP, to get them out of Edward Jones fees. Everything "in process" now. So I decided to give my EJ broker a heads-up to let him know, so it would not be a surprise. Well, he called me, said "we need to talk about this". He then got con...
by neveragain
Wed Jul 19, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4485

Re: Expense Ratios, how high is too high

Thanks everyone for your input.
by neveragain
Wed Jul 19, 2017 9:34 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 5696

Re: The Death of Buy and Hold

I'll read up some more and let you know. Overall it's very Bogle-esque in it's approach to investing.
by neveragain
Wed Jul 19, 2017 4:53 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 5696

Re: The Death of Buy and Hold

OP, Did you, a client or a friend of yours write the book? I am always skeptical when anyone I don't know strongly recommends something that is for sale like this. I guess I have become wary after having too many people pushing Amway on me. ;) Oh no. I just check out a lot of these types of books f...
by neveragain
Wed Jul 19, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 5696

Re: The Death of Buy and Hold

The book promotes index investing. Low fees, low expense ratios, no-load funds. Also delves into using gold, metals in an investment portfolio. I was reading it last night and decided to use their advice of putting a mixed bond fund in my IRA. I had previously been interested in a US government bond...
by neveragain
Wed Jul 19, 2017 3:22 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 31
Views: 5696

The Death of Buy and Hold

Has anyone read the Death of Buy and Hold by Chris Minnucci? It's about how to avoid the risk of going broke in retirement. I'm finding it a lot more informative than the Bogle book.
by neveragain
Wed Jul 19, 2017 9:28 am
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4485

Re: Expense Ratios, how high is too high

Thanks everyone. I'll probably stay away from active funds altogether and just use index. I talked to my friends the other day, who taught me the Dave Ramsey course a while back. They do use loaded funds in their Roth IRA. (Dave Ramsey promotes loaded funds). I just told them I don't believe in load...
by neveragain
Tue Jul 18, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4485

Re: Expense Ratios, how high is too high

columbia wrote:Fidelity does not make it easy to find the low cost options. I'm fully confident that is willful on their part.
I did a google search to find out the lowest offerings from Fidelity.
by neveragain
Tue Jul 18, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: Expense Ratios, how high is too high
Replies: 72
Views: 4485

Expense Ratios, how high is too high

What would be the highest expense ratio you would be willing to pay for a particular investment. I have several funds in an IRA with what seems high expense ratios, 1.18%, 1.17%, .71% and another .44%. EJ Adviser put me in these, along with some that have lower expense ratios such as 0.05. I'm movin...
by neveragain
Tue Jul 18, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Good Fidelity bond funds for IRA?
Replies: 11
Views: 971

Re: Good Fidelity bond funds for IRA?

Thanks, that is very helpful.
by neveragain
Tue Jul 18, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Good Fidelity bond funds for IRA?
Replies: 11
Views: 971

Re: Good Fidelity bond funds for IRA?

How diverse would a portfolio need to be, to weather a stock market correction without too much damage?
by neveragain
Tue Jul 18, 2017 1:18 am
Forum: Investing - Theory, News & General
Topic: Good Fidelity bond funds for IRA?
Replies: 11
Views: 971

Re: Good Fidelity bond funds for IRA?

Would it be a good idea to hold multiple bond index funds in an IRA?
by neveragain
Mon Jul 17, 2017 11:35 pm
Forum: Investing - Theory, News & General
Topic: Good Fidelity bond funds for IRA?
Replies: 11
Views: 971

Re: Good Fidelity bond funds for IRA?

OK. I wonder if a multi-sector bond fund would be a good choice, since it includes US government bonds but also corporate bonds.

I just looked, some of these bond index funds have high expense ratios. I wonder if it's worth the cost.