Search found 25528 matches

by retiredjg
Wed Jul 27, 2016 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie needs help with overhaul of portfolio/investment strategy (Updated 7/27/16) - Question re TSP
Replies: 31
Views: 1753

Re: Newbie needs help with overhaul of portfolio/investment strategy (Updated 7/17/16)

Sorry, I was sloppy...yes, that's what I meant. Roll over the entirety of the Fidelity 401k/Traditional IRA. Sorry for the quibble, but it is either a 401k or an IRA. It cannot be both. Since this affects some things that you may do, be sure you are specific about which one it is. In terms of other...
by retiredjg
Wed Jul 27, 2016 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Clarification needed on Mega backdoor Roth
Replies: 6
Views: 892

Re: Clarification needed on Mega backdoor Roth

[*]I plan to do same thing as OP but I have backdoor Roth IRA in Vanguard. Does "Back door Roth" instead regular Roth make any difference in terms of conversion? No. There is no such thing as a "backdoor Roth IRA". A Roth IRA is simply a Roth IRA. Also, all of a person's Roth IR...
by retiredjg
Wed Jul 27, 2016 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie needs help with overhaul of portfolio/investment strategy (Updated 7/27/16) - Question re TSP
Replies: 31
Views: 1753

Re: Newbie needs help with overhaul of portfolio/investment strategy (Updated 7/17/16)

I was going to go with that, but upon reflection, am strongly considering rolling over entirety of the retirement portfolio into TSP, with this breakdown: 60% C Fund, 15% S Fund, 15% I Fund, 10% G Fund Thoughts? You can't roll the entirety of the retirement portfolio into His TSP. Roth IRA's can't ...
by retiredjg
Wed Jul 27, 2016 12:45 pm
Forum: Investing - Theory, News & General
Topic: How to tilt index fund towards small cap?
Replies: 3
Views: 228

Re: How to tilt index fund towards small cap?

You can do it by adding a small cap index or an extended market index (mid and small cap) to your portfolio. However, that assumes you are starting from a neutral total stock position in the first place. If you are asking this question, it could be because you don't actually know what you are curren...
by retiredjg
Wed Jul 27, 2016 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2505

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

Don't just do Part I. You need to do Part II - even if the taxable income is $0 - because you did a Roth conversion. You also need to do part III of the 2014 form since you took the money out of the Roth IRA in 2014. As for your other comment…I'm not a guy ( :D ) and I don't know this better than an...
by retiredjg
Wed Jul 27, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Please help me identiy this pink flower weed (Texas)
Replies: 5
Views: 428

Re: Please help me identiy this pink flower weed (Texas)

I think you have your answer, but if you want confirmation, contact your county Ag Agent - this is one of the services they provide. Your pictures by email should be all they need.

Don't know your Ag Agent? Just google your county name and Ag Agent and the office should pop up.
by retiredjg
Wed Jul 27, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2505

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

Hi, Thank you for the detailed explanation; I am filling these out as I write this reply. Also, I was wondering what I should put on page 1 for 2014: Also, line 4 for 2013 - should also be $5500 correct? Since I added the money in 2014. Shouldn't 2014 also have : line 2- 5500 line 3-5500 line 5-550...
by retiredjg
Wed Jul 27, 2016 11:36 am
Forum: Personal Consumer Issues
Topic: What is this strange piece of scientific glassware?
Replies: 44
Views: 4065

Re: What is this strange piece of scientific glassware?

dbr wrote:I think we still have at at least one mercury filled medical thermometer in the house.

I have a couple as well.
by retiredjg
Wed Jul 27, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Tax Efficiencies
Replies: 15
Views: 1056

Re: Asset Allocation - Tax Efficiencies

Therefore, it's better to hold bonds in taxable accounts if you save on 401(k) costs by doing that. If bond yields (and thus taxes, or the cost in lower yields of holding munis) increase, you can sell your taxable bonds for a capital loss and buy stocks then. I assume David's numbers and conclusion...
by retiredjg
Wed Jul 27, 2016 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2505

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

Here's what I think you did. This assumes that you never ever made any other contribution to any Roth IRA (you never responded to that question). It also assumes you did not have any money in any tIRA, SEP IRA, SIMPLE IRA or Rollover IRA at the end of year 2014. 2013 Form Line 1 $5,500 <--this is th...
by retiredjg
Tue Jul 26, 2016 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Question
Replies: 5
Views: 263

Re: Allocation Question

I see some problems. You can do better. :happy REIT, maybe the growth fund, and both bond funds do not belong in a taxable account. They are not tax-efficient which means you will pay more tax than you need to pay. The Total World and the Total Stock and the small cap growth overlap (Total world con...
by retiredjg
Tue Jul 26, 2016 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Private Wealth Management - Vanguard or ML
Replies: 28
Views: 2397

Re: Private Wealth Management - Vanguard or ML

Is it possible that an ML advisor is on salary for trusts but has free rein for accounts that are not trusts?
by retiredjg
Tue Jul 26, 2016 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Tax Efficiencies
Replies: 15
Views: 1056

Re: Asset Allocation - Tax Efficiencies

Thank you for the suggestion. I've read some interesting articles/blogs that have alluded to the idea that investing in the Total Stock Market or S&P 500 provides sufficient exposure to international markets without the risk of relying on the financial regulations of foreign countries (of which...
by retiredjg
Tue Jul 26, 2016 7:23 am
Forum: Investing - Help with Personal Investments
Topic: 401k Investments
Replies: 3
Views: 208

Re: 401k Investments

That depends on many things we don't know. You'll likely get more answers if you provide more information. See the link at the bottom of this message for how to do that. Even if you don't want to get into the whole format, some information about your age and other accounts in the family would be hel...
by retiredjg
Tue Jul 26, 2016 7:10 am
Forum: Investing - Help with Personal Investments
Topic: Private Wealth Management - Vanguard or ML
Replies: 28
Views: 2397

Re: Private Wealth Management - Vanguard or ML

Fees are important and it is good that you are paying attention to them. It's not only the management fee you have to be concerned with. Funds/ETFs have fees too. Vanguard's fund fees (expense ratios) are rock bottom. We don't know what ML has suggested, but have you checked out the expense ratios o...
by retiredjg
Tue Jul 26, 2016 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Tax Efficiencies
Replies: 15
Views: 1056

Re: Asset Allocation - Tax Efficiencies

Regarding tax-efficiency. You did not say it directly, but I sensed a hint of "stocks should go in taxable" in your post. That's not exactly right although a lot of people have that impression. Stocks go anywhere - 401k, IRA, Roth IRA, taxable. It is only when you are saving more than your...
by retiredjg
Mon Jul 25, 2016 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Conversion from 457 plan to roth ira?
Replies: 9
Views: 722

Re: Conversion from 457 plan to roth ira?

I am thinking about leaving my state job next year. I will have about 70K in 457 plan. Our gross income this year should be around 43K. Is it better to do 35K for 2016 and another 35K for 2017? Thank you. Not enough information to answer. Are you retiring? If not retiring why not just leave the mon...
by retiredjg
Mon Jul 25, 2016 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Equity Disbursement?
Replies: 4
Views: 259

Re: Equity Disbursement?

I don't have any clue what it is. But there are some red flags. -it is unclear what they are offering -they are not going to give you free money; they want you to think you might get something for free so that you will take the bait for whatever it is they really want -the 5 day time limit creates a...
by retiredjg
Mon Jul 25, 2016 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Equity Disbursement?
Replies: 4
Views: 259

Re: Equity Disbursement?

Are they saying you could get a HELOC in that amount based on your equity? Or some other kind of loan?
by retiredjg
Mon Jul 25, 2016 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: Switching $1.5 mil traditional and taxable to 3 fund portfolio
Replies: 15
Views: 2553

Re: Switching $1.5 mil traditional and taxable to 3 fund portfolio

Right now she has about 50k total in prime money market and I'm not sure if we'll move that to the above plan or leave it where it's at. She wants easy access to money "just in case" but I believe she could sell shares of any of the above funds and have the money in her checking within a ...
by retiredjg
Mon Jul 25, 2016 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - Tax Efficiencies
Replies: 15
Views: 1056

Re: Asset Allocation - Tax Efficiencies

1) What are some of your favorite bond funds for both taxable and tax-advantaged accounts? There is no general answer for this question. It depends largely on what you have in your 401k. Tell us about those choices. For your taxable account, it depends largely on your tax bracket. For people in hig...
by retiredjg
Mon Jul 25, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: saving without goals?
Replies: 23
Views: 2633

Re: saving without goals?

At what point do we stop saving for the possible what-if's and start the taxable retirement savings account (after still maxing out 401ks and IRAs). I think you are there. 2. Emotional - we joke that our savings is just a "black hole" that all our hard earned money gets lost in because we...
by retiredjg
Mon Jul 25, 2016 1:24 pm
Forum: Investing - Theory, News & General
Topic: SP 500: active or passive?
Replies: 11
Views: 719

Re: SP 500: active or passive?

runnerguy wrote: Couldn't you say that the SP 500 is just a really good actively managed ( or smart beta ) fund?

Remember that the S&P 500 Index is nothing more than a list. It is not an investment and it is not the same thing as an S&P 500 Index Fund.
by retiredjg
Mon Jul 25, 2016 10:39 am
Forum: Personal Consumer Issues
Topic: What is this strange piece of scientific glassware?
Replies: 44
Views: 4065

Re: What is this strange piece of scientific glassware?

We'll probably never know. I interpreted it to mean it was piece number 472, built in 3/88, certified by JM. But it could just as easily be last calibrated 3/88. I'm waiting for someone to say they called the phone number. :) I'm waiting for someone in Berkeley to go by. :happy The internet seems t...
by retiredjg
Mon Jul 25, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: [Need portfolio assistance for future widow]
Replies: 3
Views: 365

Re: [Need portfolio assistance for future widow]

If I were going to suggest an advisor for a loved one, it would definitely be VPAS if the loved one needs management. That is not because there are no worthwhile independent advisors on the planet, but because they are so difficult to find. A person who knows how to find one of the jewels probably d...
by retiredjg
Mon Jul 25, 2016 7:42 am
Forum: Personal Consumer Issues
Topic: What is this strange piece of scientific glassware?
Replies: 44
Views: 4065

Re: What is this strange piece of scientific glassware?

We'll probably never know. I interpreted it to mean it was piece number 472, built in 3/88, certified by JM. But it could just as easily be last calibrated 3/88.
by retiredjg
Mon Jul 25, 2016 6:21 am
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

ps….does the current percentage of her 401k as you posted it above include the unvested money? I should add one more question. I don't think this is a major issue, but I wanted to get a good explanation so that I fully understand it. The Fidelity Extended Market Index Fund has the following restric...
by retiredjg
Mon Jul 25, 2016 6:09 am
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

You are correct that the balance in my Roth IRA is not enough to meet the $3k minimum on international stocks. But I fixed this by adding the Vanguard 500 fund to "Her IRA" which allowed me to allocate some more funds to international stocks in "His IRA." Another possibility wou...
by retiredjg
Sun Jul 24, 2016 8:45 pm
Forum: Personal Consumer Issues
Topic: What is this strange piece of scientific glassware?
Replies: 44
Views: 4065

Re: What is this strange piece of scientific glassware?

Except for one thing - the date on the apparatus itself is 3/88….

http://i.imgur.com/VYyGUMM.jpg
by retiredjg
Sun Jul 24, 2016 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: convert mutual fund to index fund
Replies: 29
Views: 1957

Re: convert mutual fund to index fund

There is no reason to pay a transaction fee for those funds. If the trades are not free, move your money. If you can do what you want with free ETF purchases, go ahead.
by retiredjg
Sun Jul 24, 2016 5:39 pm
Forum: Personal Consumer Issues
Topic: Whole House Humidifier
Replies: 11
Views: 778

Re: Whole House Humidifier

OP, here's a different thought. Low humidity in your house in winter is likely caused by the air in your house leaking out and being replaced by dry air from the outside. The people, showers, laundry and cooking all contribute moisture. Cold outside air can't hold much, and so is very dry. Assuming...
by retiredjg
Sun Jul 24, 2016 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Keeping AA during 401k contributions
Replies: 4
Views: 358

Re: Keeping AA during 401k contributions

I'm 50/50 for AA, but I use my 401k 100% for Bonds as part of my asset location decision. But during the course of the year, my AA gets out of whack, since it's being contributed so much more than anything else. How do folks handle this? I was thing about contributing new monies to my 401k at 50/50...
by retiredjg
Sun Jul 24, 2016 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

As promised, here's an idea that I think may be simpler (but that is in the eye of the beholder). You would set up your current accounts like what is shown below and then send the contributions to the 4 accounts in the same ratio that you want your portfolio to be. His 401K 40.47% 25.47 NT S&P 5...
by retiredjg
Sun Jul 24, 2016 8:46 am
Forum: Personal Consumer Issues
Topic: Whole House Humidifier
Replies: 11
Views: 778

Re: Whole House Humidifier

leo383, do you know the brand of the humidifier you have?
by retiredjg
Sun Jul 24, 2016 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Does an after-tax 401k option allow even the owner of a small business to contribute more?
Replies: 9
Views: 696

Re: Does an after-tax 401k option allow even the owner of a small business to contribute more?

Thanks for the info. We've had several comments over the years that a person could only make a limited contribution to the after tax account - but not enough to get up to the Section 415 limit. I was thinking this poster might fall into that category. Apparently not.
by retiredjg
Sun Jul 24, 2016 7:16 am
Forum: Personal Finance (Not Investing)
Topic: IRS questioning my backdoor roth?
Replies: 28
Views: 3407

Re: IRS questioning my backdoor roth?

See if this 2014 blogpost is helpful. Things might look different now.

http://thefinancebuff.com/backdoor-roth ... -easy.html
by retiredjg
Sun Jul 24, 2016 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Does pension affect asset allocation?
Replies: 19
Views: 1790

Re: Does pension affect asset allocation?

So people here are saying an 80/20 portfolio is agressive for a 30 year old with 30 years to go until retirement? I'm saying it because I believe that having 20% in bonds is good for anybody's portfolio. It is the most aggressive portfolio that I suggest. This is because when moving from about 20% ...
by retiredjg
Sat Jul 23, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Does an after-tax 401k option allow even the owner of a small business to contribute more?
Replies: 9
Views: 696

Re: Does an after-tax 401k option allow even the owner of a small business to contribute more?

No safe harbor for ACP / after tax, if I remember correctly. You'd have to do some sort of weird match into the after tax portion of the plan for your employees if you wanted to pass that test. If you want to talk about your options of actually passing that test, you should talk to an expert. Yeah!...
by retiredjg
Sat Jul 23, 2016 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

mnsportsgeek wrote:
retiredjg wrote:ps….does the current percentage of her 401k as you posted it above include the unvested money?


The percentages I gave you are unvested.

Is that backwards?

Just give me the total percentage of each account, vested or not. Adding up to 100%.
by retiredjg
Sat Jul 23, 2016 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

ps….does the current percentage of her 401k as you posted it above include the unvested money?
by retiredjg
Sat Jul 23, 2016 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

So I guess we contribute $10,900 to her 401K instead of the $7600 I told you earlier! Ok, makes perfect sense and you worded it better than I did. The unvested money is not part of your net worth (yet), but you can include it in calculating your investment stock to bond ratio. I know how to work wi...
by retiredjg
Sat Jul 23, 2016 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) rollover to solo 401(k)-who'll accept???
Replies: 18
Views: 995

Re: 401(k) rollover to solo 401(k)-who'll accept???

MIAFTLWPB wrote:i can't see why it would differ.

You can't see why what would differ?
by retiredjg
Sat Jul 23, 2016 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Does pension affect asset allocation?
Replies: 19
Views: 1790

Re: Does pension affect asset allocation?

Does pension affect asset allocation? Sometimes. If you are very confident there will be a pension, it might make you less worried about the ups and downs of your other investments. So you might be more comfortable with a stock to bond ratio that is a bit more aggressive than if there were no pensio...
by retiredjg
Sat Jul 23, 2016 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

I read a couple of posts around here that said most people don't include their unvested balance as part of their asset allocation because if you leave then it is gone. Is that a bad idea? For the purpose of asset allocation, should I use the unvested balance? You're correct that I have full control...
by retiredjg
Sat Jul 23, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: taxable account vs. extra principal payment
Replies: 14
Views: 992

Re: taxable account vs. extra principal payment

I am a bit concerned about loss of liquidity, but my other half would rather have a low to no mortgage by the time I retire. Maybe you should do half and half? A comment about my earlier post. Paying off principal and saving in a taxable account will both move you toward your ultimate goal. With yo...
by retiredjg
Sat Jul 23, 2016 4:19 pm
Forum: Personal Consumer Issues
Topic: Stinky Washing Machine [SOLVED]
Replies: 44
Views: 4153

Re: Stinky Washing Machine [SOLVED]

Sorry to giggle, but that's kind if humorous. :happy

Glad your problem is solved.
by retiredjg
Sat Jul 23, 2016 4:16 pm
Forum: Personal Consumer Issues
Topic: Whole House Humidifier
Replies: 11
Views: 778

Whole House Humidifier

I had a new heat pump installed a year ago and last winter was just miserable. Dry eyes, dry sinuses. Even the paint on my cabinets retracted so much I thought I was going to have to have them repainted. On several occasions, people have mentioned how much they love their whole house humidifiers. I ...
by retiredjg
Sat Jul 23, 2016 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Is This a Good Investing Plan?
Replies: 22
Views: 1636

Re: Is This a Good Investing Plan?

1. I'm looking to move away from target date funds because the target date funds in the 401Ks have relatively high expense ratios compared to the Roth IRAs. The expense ratios in the 401Ks are like 0.6% compared to the Roth IRAs which are at like 0.15% or something. Is this me causing myself a bunc...
by retiredjg
Sat Jul 23, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help please- recommendations for "lazy portfolio" in my 401k plan?
Replies: 8
Views: 419

Re: Help please- recommendations for "lazy portfolio" in my 401k plan?

One follow-up question: I also have the option to pay $50 annually to have a self-directed account with TD Ameritrade. Is this worth it to purchase Vanguard ETFs through this option? Absolutely not. Your 401k offerings are outstanding. No need to pay extra for something else. Your current portfolio...

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