Search found 133 matches

by nyclon
Thu May 18, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to sell a house?
Replies: 22
Views: 1865

How to sell a house?

Team Bogleheads: I'm curious on your thoughts about the following scenario. There seem to be several options and I'll lay out my rough approach. An elderly couple (80s) needs to sell their house after living there for 40 years. -House needs renovating. Concrete foundation is slightly caving due to w...
by nyclon
Thu May 18, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Shifting Taxable Investments to Roth 401K
Replies: 17
Views: 815

Re: Shifting Taxable Investments to Roth 401K

Hello everyone, It's been a few years since I last posted but my life situation is about to change and I'm hoping to get some specific advice. I’m about to start my residency this summer for the next 6 years. I'm planning to open a Roth 401K with Fidelity, which the hospital will match up to 1.5% o...
by nyclon
Mon May 15, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is ETrade a good brokerage to open solo 401K?
Replies: 5
Views: 484

Re: Is ETrade a good brokerage to open solo 401K?

Is ETrade a good brokerage to open solo 401K? I would like to transfer my IRA rollover from Vanguard to ETrade so I can consolidate my IRA accounts to take advantage of Backdoor Roth IRA. Unfortunately, Vanguard does not accept rollover so I can't use Vanguard solo 401K. Thanks! I'd put in a recomm...
by nyclon
Tue May 09, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: JPMorgan index ETFs (commission free at etrade)
Replies: 3
Views: 258

Re: JPMorgan index ETFs (commission free at etrade)

I'm using etrade and noticed today that these are commission free. Looking at JPGE (international) and JPUS (US russel 1000). They are only a couple of years old, but have performed quite well. Any opinion on wether it's a good idea to buy these comission free ? Alternatively use these for regular ...
by nyclon
Mon May 08, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: How to Max 401(k) with Variable Income?
Replies: 7
Views: 361

Re: How to Max 401(k) with Variable Income?

I make a salary plus some smaller bonuses. The bonuses account for anywhere from 5-10% of my overall income. My employer counts these bonuses as normal income that's eligible for 401(k) match. In order to fully maximize my employer's match and also max the federal contribution limit, I guess I just...
by nyclon
Mon May 08, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else redeeming CDs early in light of higher interest rates?
Replies: 1
Views: 526

Anyone else redeeming CDs early in light of higher interest rates?

Currently redeeming a few CDs I opened in early 2014 at 1.60% while taking a 5 month penalty in order to reinvest in today's 2.30% environment (+44% on the rate). Is anyone else doing something similar?
by nyclon
Sun May 07, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18007

Re: Why save so much for when you're old?

Hi, I'm 24 yrs old and almost one year into my actuarial career (first real job). I expect to make good money in the future and have started investing since I was hired. My question is why is saving a lot for retirement so important? I get that we need money for when we're retired and no longer hav...
by nyclon
Sun May 07, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: ETFs (and mutual funds): what goes into running one? it's not easy to manage and it's not all about the expense ratio
Replies: 0
Views: 192

ETFs (and mutual funds): what goes into running one? it's not easy to manage and it's not all about the expense ratio

Enjoy! Certainly makes you think carefully about who you're choosing to manage your money vs considering just the expense ratio. http://www.cnbc.com/2017/05/05/running-an-index-etf-is-harder-than-it-looks.html The article also discusses expense ratio to tracking error. Specifically: Median Tracking ...
by nyclon
Wed May 03, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Managing finances for a new Indian immigrant parent
Replies: 11
Views: 1097

Re: Managing finances for a new Indian immigrant parent

[Moved into a new thread from: Need help investing from India , see below. --admin LadyGeek] I have a related, but slightly different question. Background: Mother/72 is widowed and lives with me in USA since 2015. My mom has ~USD 75k in stocks and ~ USD 100k in savings (all in Indian rupees). Addit...
by nyclon
Mon May 01, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Most "technologically savvy" bank?
Replies: 32
Views: 3026

Re: Most "technologically savvy" bank?

I used BofA for almost ten years now, then opened a Chase account last year for a bonus. After setting up my Chase account and going online, I couldn't help but notice how much better (IMO) the Chase website is. Cleaner, easier to navigate, and killer features; most recently the ability to withdraw...
by nyclon
Sun Apr 30, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: 5 year cd - to open or not
Replies: 21
Views: 2029

Re: 5 year cd - to open or not

I have about 50k in cash that is now just sitting in ally savings. I am debating to open Ally 5 year cd 2.25% with 50k all-in. Assuming cd rates will not be much higher than that in next year or so, even if i break the cd after a year and pay early withdrawal, yield will still be better than 1%. An...
by nyclon
Tue Apr 25, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k recommendations?
Replies: 50
Views: 1717

Re: Solo 401k recommendations?

Now that I've got my SEP for 2016 done I'd like to look into opening a Solo 401k for 2017 so I can contribute much more than the SEP to lower my tax burden going forward. I currently have a Schwab checking account that I use and also a taxable brokerage account from them that I don't use. I looked ...
by nyclon
Fri Apr 14, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: State Farm 5 year CD at 2.30% - any hesitation in investing with them?
Replies: 11
Views: 2342

Re: State Farm 5 year CD at 2.30% - any hesitation in investing with them?

State Farm's website needed me to enter the account number of the CD for it to show up in my account. Had to make sure I wrote it down when I went through the process of opening the CD. Customer support phone was very courteous and helpful, but basically said to wait. For about a week, I felt like ...
by nyclon
Fri Apr 14, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: New Solo 401k - would appreciate some help/guidance.
Replies: 4
Views: 356

Re: New Solo 401k - would appreciate some help/guidance.

Hi all, Tax Filing Status: Married Tax Rate: Self Employed State of residence: CA Age: 39 Desired asset allocation: 70% stocks / 30% bonds Desired international allocation: 20% of stocks (I'm not dead set on these allocations and am open to suggestions should the following info warrant them...) Zer...
by nyclon
Sun Apr 09, 2017 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Buying high yielding Bonds 5-10%
Replies: 21
Views: 2007

Re: Buying high yielding Bonds 5-10%

High yield bonds have equity like characteristics and don't give you the diversification benefits to stocks that higher quality bonds do. In other words, high yield bonds often perform badly at the same time that stocks perform badly. Think of these as a hybrid between stocks and bonds and you won'...
by nyclon
Fri Apr 07, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: State Farm 5 year CD at 2.30% - any hesitation in investing with them?
Replies: 11
Views: 2342

State Farm 5 year CD at 2.30% - any hesitation in investing with them?

As the title says, State Farm is offering 2.30% APY on 5 year CDs. The catch is the early withdrawal penalty is 545 days of interest. 1.5 years is pretty steep. What are the best CD products out there when considering penalties? I'm excluding brokered CDs since there's no set exit price - that creat...
by nyclon
Fri Apr 07, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 3575

Re: Telling Family About Daughters 529 For Gifts

My daughter is almost three years old, and my wife's family and mine are always buying her tons of toys for holidays. We already have a 529 plan setup to allow gifts to go towards a college fund. Have any of you had success in getting family to tone down the toys/gifts and up the donations? What di...
by nyclon
Thu Mar 30, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: VXUS+VTI in taxable account?
Replies: 10
Views: 750

Re: VXUS+VTI in taxable account?

due to poor planning, I have over 160k sitting in my taxable account, I used to trade individual stocks only after some more research on bogleheads, I realize I should do the 3-fund portfolio, and since bond isn't tax-efficient, should I just put 50-50 VXUS-VTI in my taxable? Do you guys worry that...
by nyclon
Wed Mar 29, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Term life insurance: fine print and credit ratings
Replies: 2
Views: 229

Term life insurance: fine print and credit ratings

Well, I've done my forecasting: for the future, for each year, how much cash will we need and how much would we have at that point in time. Using that information, I'm considering buying life insurance for myself and my spouse, consisting of 3 policies for each of us - the coverage will decrease ove...
by nyclon
Thu Feb 16, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: 300k to invest for the long term, am I on the right track?
Replies: 16
Views: 3744

Re: 300k to invest for the long term, am I on the right track?

Hi, I am 28 years old and I have set aside some money to invest into my future. I recently read a few books and put together this Investment Goals outline for myself. It is mixed in with my notes here but I just wanted to get some opinions, please feel free to criticize, am I on the right track? (T...
by nyclon
Sun Feb 12, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help with 1099-R received for solo 401k excess salary deferral
Replies: 3
Views: 360

Re: Help with 1099-R received for solo 401k excess salary deferral

Hi Alan S., thank you for your thoughtful response. Is the next step to get the form amended and just enter that into turbotax? Do I need to do anything else in this situation? I sure hope the amount is not going to be subject to double taxation. My responses below in blue. Thanks for reading. I hav...
by nyclon
Thu Feb 09, 2017 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help with 1099-R received for solo 401k excess salary deferral
Replies: 3
Views: 360

Help with 1099-R received for solo 401k excess salary deferral

Thanks for reading. I have the following scenario and don't know what needs to be done. Could really use some help from the experts. -For tax year 2015 more employee salary deferral was contributed to a solo 401k than allowed. This deferral, for tax year 2015, was contributed to the solo 401k in 201...
by nyclon
Thu Feb 02, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401(k) purely to receive rollovers?
Replies: 21
Views: 1645

Re: Solo 401(k) purely to receive rollovers?

Under the IRC section 401c you are not even considered a self-employed individual and you are not eligible to adopt a solo 401k plan unless you actually have net profits for the year or had net profits for any prior year. This is very clear in the code. There is no requirement to have net profits a...
by nyclon
Thu Feb 02, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401(k) purely to receive rollovers?
Replies: 21
Views: 1645

Re: Solo 401(k) purely to receive rollovers?

I think that means that an individual can open a solo 401(k) as an alternative to a tIRA to receive rollovers (e.g. from past 401(k)s with undesirable investment choices, or even from a tIRA), even if their actual SE income is 0. No, they can't. A 401k can only be opened by a business - for an indi...
by nyclon
Wed Jan 25, 2017 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: Most creative and/or high value change
Replies: 31
Views: 2490

Re: Most creative and/or high value change

I am curious what other people have done that was creative and/or high value from a spending perspective in order to reach certain budgetary goals? I ditched the Mach 3 ($2 each) for single blade throw-aways ($0.25 each). I think my face wishes I got creative in other areas. :shock: Not very creati...
by nyclon
Sun Jan 22, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Senior Unsecured Notes
Replies: 19
Views: 1258

Re: Senior Unsecured Notes

Hello fellow bogleheads, I recently convinced my 38yr old friend to move her managed account from Citibank to Vanguard and embrace the boglehead philosopy. I am helping her "fix" the portfolio and we are targeting the following funds (80% stock, 20% bond with 70% domestic/30% foregin stoc...
by nyclon
Fri Jan 20, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Reflecting the value of pre-IPO shares in Net Worth
Replies: 21
Views: 1599

Re: Reflecting the value of pre-IPO shares in Net Worth

I own shares in 2 pre-IPO companies, one through investment the other through employment, how do I account for these when calculating my net worth. Currently I value the shares acquired by investment at the amount I paid for them even though later rounds of funding have been done at progressively h...
by nyclon
Fri Jan 13, 2017 11:07 pm
Forum: Investing - Theory, News & General
Topic: 100% equities in Roth part of portfolio?
Replies: 19
Views: 2329

Re: 100% equities in Roth part of portfolio?

As I was looking at my portfolio as a whole, I was reminded to expect equities to generate more income than bonds over the long haul. Then I noticed much of the Roth part of the portfolio was in bonds. The regular IRA part, from which I have to draw out RMDs, also has a combination of bonds and sto...
by nyclon
Fri Jan 13, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Why do different S&P 500 Index funds have different share prices?
Replies: 7
Views: 653

Re: Why do different S&P 500 Index funds have different share prices?

Question: Why do different S&P 500 mutual funds have such drastic price per share differences? For example: The Principle S&P 500 mutual fund in my 401K closed at $111.97 yesterday. The Vanguard S&P 500 mutual fund in my wife's 401K closed at $260.79 yesterday. I know the Expense Ratio'...
by nyclon
Mon Jan 09, 2017 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: Boosting my 401k in first quarter of year
Replies: 5
Views: 832

Re: Boosting my 401k in first quarter of year

I'm likely to switch jobs in the next 2 months and many of the companies i'm considering don't offer 401ks (small startups) so I was planning to invest 14k-15k in my current employer's 401k over the next 2 months. I figure this would leave enough room in my 401k annual contribution max (18k) to inv...
by nyclon
Wed Jan 04, 2017 4:43 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401k Employer Match confusion
Replies: 1
Views: 249

Re: Roth 401k Employer Match confusion

My friend has a Roth 401k through her employer and we are confused about how her employer match works. Looking at her statements it looks like for every $1 she contributes to her Roth 401k her employer contributes $0.25 (25%) on top of that. However, when looking at her investment sources (the orig...
by nyclon
Mon Jan 02, 2017 5:15 pm
Forum: Investing - Theory, News & General
Topic: How do you treat 401k Match for IRR Purposes?
Replies: 46
Views: 2352

Re: How do you treat 401k Match for IRR Purposes?

The employer match is just another contribution. It's not a return on investment. Why not? It works exactly like a return on the investment, not like a contribution out of your own funds. You don't have an option to spend it, and it is not even taxed like wages for FICA and FUTA. jimb You're confla...
by nyclon
Mon Jan 02, 2017 5:14 pm
Forum: Investing - Theory, News & General
Topic: How do you treat 401k Match for IRR Purposes?
Replies: 46
Views: 2352

Re: How do you treat 401k Match for IRR Purposes?

Don't you have this reversed? Time-weighted returns are what benchmark portfolios' annual returns are. There are no cashflows in the benchmark. I agree that time-weighted returns are what mutual funds' reported returns are. Even so, if an investor has made contributions and/or withdrawals during th...
by nyclon
Mon Jan 02, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: How do you treat 401k Match for IRR Purposes?
Replies: 46
Views: 2352

Re: How do you treat 401k Match for IRR Purposes?

Without a doubt the employer match is part of your compensation which has then been invested in the 401K as a contribution. Counting it as a dividend, which is part of return, would give you a completely distorted result for IRR. Yes. But a dividend also counts except that if you reinvest it (keep ...
by nyclon
Mon Jan 02, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 48
Views: 6936

Re: Vanguard's new security key option

grok87 wrote:Pretty cool.

Does anybody else do this like fidelity?


I've been using this with Etrade for years. Incredible peace of mind.
by nyclon
Mon Jan 02, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: How do you treat 401k Match for IRR Purposes?
Replies: 46
Views: 2352

Re: How do you treat 401k Match for IRR Purposes?

When using the Bogleheads Retruns spreadsheet, I purposely exclude contributions and withdrawals to get a pure investment return. However, I am rethinking how I input 401k matching contributions since its free money similar to a dividend. I realize its a contribution, but not my own money which is ...
by nyclon
Mon Jan 02, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Buy or keep renting in Manhattan?
Replies: 25
Views: 3253

Re: Buy or keep renting in Manhattan?

I’m posting this under a second account – which the mods have approved of. Currently my wife and I are living in Manhattan, with one young child and another on the way. We’re in a 2 bedroom apartment, but with the family soon to grow, and with our first child getting bigger, we’ll need an apartment...
by nyclon
Wed Dec 28, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 219
Views: 42754

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

My family is going through an unfortunate situation that is continuing to unfold, and I suspect that the bogleheads could offer some words of wisdom. This is a bit of a story, so please bear with me. My sister discovered a few weeks ago that her husband of 18 years (soon to be ex) has been raking u...
by nyclon
Tue Dec 27, 2016 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Re re characterizing a backdoor IRA conversion - waiting period question
Replies: 3
Views: 388

Re: Re re characterizing a backdoor IRA conversion - waiting period question

Let's say earlier in 2016 a traditional IRA contribution was made. It was then recharacterized / converted to a Roth IRA. About a month later that recharacterization was undone - so the assets went back to the traditional IRA. Does this mean that traditional IRA can not be recharacterized / convert...
by nyclon
Tue Dec 27, 2016 4:45 am
Forum: Personal Finance (Not Investing)
Topic: Re re characterizing a backdoor IRA conversion - waiting period question
Replies: 3
Views: 388

Re re characterizing a backdoor IRA conversion - waiting period question

Let's say earlier in 2016 a traditional IRA contribution was made. It was then recharacterized / converted to a Roth IRA. About a month later that recharacterization was undone - so the assets went back to the traditional IRA. Does this mean that traditional IRA can not be recharacterized / converte...
by nyclon
Sun Dec 11, 2016 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Incomplete contribution to 401K for this year
Replies: 21
Views: 1852

Re: Incomplete contribution to 401K for this year

I made some adjustments to my percentage of contribution to the employer sponsored 401K early this year whereby I reduced the amount of contribution significantly. I forgot to increase the percentage of contribution. I just realized that I have contributed only 11K out of the 18K I am eligible to c...
by nyclon
Sat Dec 10, 2016 9:15 pm
Forum: Investing - Theory, News & General
Topic: VT expense ratio dropped?
Replies: 22
Views: 2975

Re: VT expense ratio dropped?

# of stocks in VTI = 3630
# of stocks in VXUS = 6129
# of stocks in VT = 7627

What are the 2132 missing stocks from VT?
by nyclon
Wed Nov 23, 2016 7:11 am
Forum: Investing - Theory, News & General
Topic: Q&A With Jack Bogle: ‘We’re in the Middle of a Revolution’
Replies: 26
Views: 4341

Q&A With Jack Bogle: ‘We’re in the Middle of a Revolution’

Enjoy this Q&A that Bloomberg conducted with Jack Bogle. https://www.bloomberg.com/features/2016-jack-bogle-interview/ "John “Jack” Bogle wrote his Princeton senior thesis in 1951, arguing that mutual funds “may make no claim to superiority over the market averages.” Sixty-five years later,...
by nyclon
Mon Nov 07, 2016 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Individual 401K- options and advise
Replies: 12
Views: 740

Re: Individual 401K- options and advise

I have been self-employed a long time and set up an individual 401k - sometimes called a solo 401k - before most people knew what one was. It has quite a bit in it. But I am getting killed on fees - to the tune of ~ 2% annually or like $10,000. It is depressing putting real dollars in each year onl...
by nyclon
Fri Oct 28, 2016 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: 401K S&P 500 dividends
Replies: 12
Views: 1247

Re: 401K S&P 500 dividends

Distributions in mutual funds are always neutral. If you get distributions, the NAV is adjusted. If you don't there is no adjustment. So it really doesn't matter. However, there is another effect. When switching providers there will likely be a period of time when your money is out of the market. T...
by nyclon
Fri Oct 28, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer USD to INR (from the US to India) - cheapest and most reliable method?
Replies: 6
Views: 764

Transfer USD to INR (from the US to India) - cheapest and most reliable method?

Does anyone have a suggestion as to how to cheaply and reliably transfer USD from the US to INR in India? The quick option is to use a wire service from a bank and pay them a ridiculous conversion fee. Am wondering what other options are available so that the transfer fees and conversion fees aren't...
by nyclon
Wed Oct 19, 2016 4:05 pm
Forum: Personal Consumer Issues
Topic: Massage Chair
Replies: 8
Views: 1026

Re: Massage Chair

A friend of mine has a massage chair. It's great. But I have no clue if it's a good one or not. I'd like to get one, but know nothing about them. We went with Inada's Dreamwave. It is a fantastic product with great support. If you contact the manufacturer directly you may be able to purchase a refu...
by nyclon
Sat Oct 01, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Staying at same company for years and years….bad idea?
Replies: 41
Views: 5000

Re: Staying at same company for years and years….bad idea?

I work for a big Biotech company in the Bay Area (they are actually based out of the East Coast). I have worked here for 11 years, first 6 years was in Research and the last 5 have been in Software and Data Warehouse. The company pays decent, has good benefits (401k, medical, HSA etc), I have been ...
by nyclon
Fri Aug 19, 2016 10:58 am
Forum: Personal Finance (Not Investing)
Topic: tIRA basis tracking and rollover into individual 401k
Replies: 4
Views: 339

tIRA basis tracking and rollover into individual 401k

I would like to roll all of my traditional IRA accounts into my individual 401k to simplify my accounts and also facilitate easy t->roth conversions each year. My tIRAs are broken out into deductible and non-deductible - that's just the way I had set up the accounts in the past. I have been tracking...
by nyclon
Sat Aug 06, 2016 8:00 pm
Forum: Investing - Theory, News & General
Topic: What rate of return do you use when planning for retirement?
Replies: 178
Views: 22853

Re: What rate of return do you use when planning for retirement?

Using my crystal ball I have decided to use the following assumptions in my retirement savings calculator: Equities return including div reinvestment: 6.5% Fixed income return including coupon reinvestment: 2.0% Inflation: 2.5% These will likely change as the decades pass by, along with my allocatio...

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