Search found 34 matches

by travelogue
Tue Nov 07, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: College grad first job-401K or Roth
Replies: 55
Views: 3132

Re: College grad first job-401K or Roth

Lots of great information, debate, and discussion here. At the end of the day, don’t let analysis paralysis get in the way of getting started. Any of these options are better than not starting his investment journey as early as possible. Good luck!
by travelogue
Mon Nov 06, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: College grad first job-401K or Roth
Replies: 55
Views: 3132

Re: College grad first job-401K or Roth

I added the expense ratios to the funds post. And I added his career info to initial post. Hoo boy — those really are stinker ERs. I’d not use that plan until/unless he’s eligible for an employer match. As folks have recommended above, opening an IRA (probably Roth) at Vanguard, Schwab, or another ...
by travelogue
Mon Nov 06, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: College grad first job-401K or Roth
Replies: 55
Views: 3132

Re: College grad first job-401K or Roth

With no match, he should start by maxing out a Roth IRA with $5500/yr. If savings exceed that, then consider the 401k. Tax-deferred space is limited so he could get the money in now, and then transfer the 401k assets down the road. Without a match, and with a lower income though, fill the Roth firs...
by travelogue
Sun Nov 05, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Best savings account (or fund) for my emergency account?
Replies: 11
Views: 822

Re: Best savings account (or fund) for my emergency account?

Agree with most of the above. For a fully-liquid emergency account, the online banks are pretty good options. Ally or Capital One 360. CO360 recently bumped my MMA to 1.3% APR, which is fairly competitive with many CDs. APRs should continue to nudge up. Bond mutual funds have some downsides, IMO. Th...
by travelogue
Thu Nov 02, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs Investor Shares (Bonus Q: Fund Allocation)
Replies: 17
Views: 920

Re: ETF vs Investor Shares (Bonus Q: Fund Allocation)

I'd personally continue to stay out of bonds in the retirement account at your age and presumed time horizon given current macroeconomic trends, but you could look at some form of dampening investment to start edging into. Maybe the Vanguard REIT ETF (VNQ)? I disagree with all of this. My opinion i...
by travelogue
Wed Nov 01, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs Investor Shares (Bonus Q: Fund Allocation)
Replies: 17
Views: 920

Re: ETF vs Investor Shares (Bonus Q: Fund Allocation)

Not sure about the ETF vs mutual funds other than what you described. AA in retirement account looks OK to me. I'd personally continue to stay out of bonds in the retirement account at your age and presumed time horizon given current macroeconomic trends, but you could look at some form of dampening...
by travelogue
Wed Nov 01, 2017 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Roth fund choices
Replies: 8
Views: 608

Re: Roth fund choices

My wife started a Roth IRA at Vanguard way back when she got her first real job. Just one fund: VFIAX

(We have other investments now with more diversification, but I'm glad we have this classic in the mix.)
by travelogue
Tue Oct 31, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: What should I be thinking about? [help with investing]
Replies: 6
Views: 604

Re: What should I be thinking about? [help with investing]

You're in a great position, and great advice above. I'd be mostly equities and definitely include international holdings given macroeconomic conditions. Roth IRA seems like a good choice until you're in higher tax bracket. I'd pick Vanguard or Schwab for the IRA. (Schwab is great if you also want to...
by travelogue
Tue Oct 31, 2017 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: College grad first job-401K or Roth
Replies: 55
Views: 3132

Re: College grad first job-401K or Roth

Agree with most of the above. Those ERs are terrible. Vanguard, Fidelity, or Schwab Roth IRA if no match. Each have a great selection of quality funds. (He should contribute at least up to match to 401k if/when that benefit becomes available, poor ER notwithstanding.) Aggressive AA for the long time...
by travelogue
Tue Oct 31, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: MA 529 plan fund question
Replies: 8
Views: 567

Re: MA 529 plan fund question

Agree with the improved MA plans. I'm in MD and am considering rolling into MA once a year for the now excellent fund offerings managed by Fidelity.
by travelogue
Tue Oct 31, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: Long-term Indexing -- Is Broader Better?
Replies: 3
Views: 682

Long-term Indexing -- Is Broader Better?

I've been looking at the different US equity indexes available via, e.g., Schwab ETFs. What are the arguments recommending the different indexes? It seems to me that broad (like SCHB, Dow Jones U.S. Broad Stock Market Index) is better over the long term than S&P 500. (And small- or mid-cap indexes d...
by travelogue
Thu Oct 26, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Investing Question/Opinion
Replies: 8
Views: 665

Re: Taxable Investing Question/Opinion

I’d be interested in seeing replies as well. In my research, it seems ETFs are more tax friendly than mutual funds. E.g.: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds https://www.fidelity.com/learning-center/investment-products/etf/etfs-tax-efficiency http://www.investopedia.com/articles/inv...
by travelogue
Thu Oct 26, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: What Should I be Aware of When Opening/Funding a New 529?
Replies: 11
Views: 1166

Re: What Should I be Aware of When Opening/Funding a New 529?

A few years ago I used Utah. I believe more recent posts about this had NY as having lower fees? I'd look into Utah and NY. Mass (Fidelity) recently reduced fees and is also worth looking at. Some states allow you to roll over accounts to other 529 plans without recapture of state tax deductions. (...
by travelogue
Thu Oct 26, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Index investing is boring
Replies: 63
Views: 5661

Re: Index investing is boring

I opened a free account with Robinhood and use the app to play active investor with a small (<$1k) amount of cash. No fees makes it easy to buy and sell without the overhead of brokerage commissions. I then let my retirement account sit and index and distract my brain with my “play” account. It’s be...
by travelogue
Tue Oct 24, 2017 7:42 am
Forum: Investing - Theory, News & General
Topic: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]
Replies: 50
Views: 4716

Re: TIAA Trouble [NY Times: TIAA pushes clients to high fee products]

Chiming in. We’ve never called or met with TIAA reps, but my wife teaches at a small international school where TIAA administers the 403b Plan. They are in the R1 category, and the lowest ERs for investment funds are above .6% (Cref equity), and most are above 1% (all the TIAA funds). This is crazy....
by travelogue
Mon Oct 23, 2017 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Allocation Question
Replies: 13
Views: 961

Re: TIAA Allocation Question

My wife has a 403b with TIAA. Horrible, terrible, awful expense ratios at the moment for her small institution. Below is how we decided to set her contribution allocation for the time being: CREF Growth: 45% CREF Global Equities: 20% TIAA Traditional: 25% TIAA Real Estate: 10% The Traditional and Re...
by travelogue
Mon Oct 23, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Switching TSP Lifecycle Funds Question
Replies: 12
Views: 815

Re: Switching TSP Lifecycle Funds Question

Also, don’t forget to review and (if needed) change your allocation of future contributions.
by travelogue
Sun Oct 22, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Royal Dutch Shell Scrip Dividend Program(me)
Replies: 2
Views: 363

Re: Royal Dutch Shell Scrip Dividend Program(me)

I do have a Schwab brokerage account, so I'll ask them for options. Many thanks!
by travelogue
Sun Oct 22, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab- which money market fund? (taxable account)
Replies: 23
Views: 1584

Re: Schwab- which money market fund? (taxable account)

For what it's worth, I decided to use MDXBX (T. Rowe Price Maryland Tax-Free Bond Fund) instead of the SWVXX money market fund for some cash in my taxable brokerage account. Both are no-load and commission free.
by travelogue
Sun Oct 22, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Royal Dutch Shell Scrip Dividend Program(me)
Replies: 2
Views: 363

Royal Dutch Shell Scrip Dividend Program(me)

I'm hoping to get some help understanding the RDS scrip program(me). First off, can anyone confirm whether the scrip program will be discontinued? I've read various reports but can't find anything definitive. Second, if the program is not being cancelled, how can a US investor acquire qualifying sha...
by travelogue
Tue Oct 17, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan
Replies: 34
Views: 3935

Re: Thrift Savings Plan

Agree with L funds. Your time horizon and desired risk to reward ratio will guide your choice of L target date(s). You have the option of both an inter fund transfer to rebalance what you already have saved and changing your allocation for future investments. Expense ratios are *super* low for TSP. ...
by travelogue
Sun Oct 15, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: vwinx and voo distribution [Vanguard Wellesley Income, 500 Index]
Replies: 11
Views: 1195

Re: vwinx and voo distribution [Vanguard Wellesley Income, 500 Index]

I think the Wellesley fund is one of the best funds in existence. A solid choice for the long haul. Vanguard Wellesley Income: Buy And Hold Forever $VWINX http://www.seekingalpha.com/article/4078271 https://www.bogleheads.org/forum/viewtopic.php?t=209617 VWINX would provide a nice, balanced core hol...
by travelogue
Sun Oct 15, 2017 6:59 am
Forum: Investing - Help with Personal Investments
Topic: parking the $ to buy a vacation condo
Replies: 10
Views: 1197

Re: parking the $ to buy a vacation condo

Similar to you, we're holding funds in anticipation of closing on a mortgage in a Money Market account earning 1.2% at Capital One 360. I would recommend something like that for you, either at Cap One 360 or Ally Bank. You want the funds liquid, FDIC insured, and not subject to market risk. Your len...
by travelogue
Sat Oct 14, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 71
Views: 17792

Re: Schwab vs Vanguard

Chiming in. We have accounts and Vanguard and now Schwab. Moved to Schwab for better checking than Wells Fargo and have started to invest in no-fee ETFs in the associated brokerage account. All has been pretty great, including a welcome phone call from a real human, nice checks and checkbook covers ...
by travelogue
Sun Oct 08, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Rollover Question
Replies: 4
Views: 461

Re: 529 Rollover Question

@rickparks -- right, that's the idea. I'll contribute during the year, take the tax deduction, then roll them into a better 529 for the long-term. Here are the MD rules: Maryland College Investment Plan If you are the account holder or a contributor, you may deduct up to $2,500 of contributions each...
by travelogue
Sun Oct 08, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping Tabs on Investment Accounts
Replies: 13
Views: 1258

Re: Keeping Tabs on Investment Accounts

I use Mint for the overview and log into each account for the details. Recently switched to Schwab for checking and taxable brokerage and might try their Summary feature.
by travelogue
Sun Oct 08, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Rollover Question
Replies: 4
Views: 461

529 Rollover Question

We have three kids and started a Maryland 529 account for each of them at the beginning of this year (2017). The fees in MD's plan (administered by T.Rowe Price) are fairly high (.66% for one and .72% for the other two) for the AA we want. I'm thinking of rolling the accounts over each year to anoth...
by travelogue
Tue Aug 29, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Another TIAA High Expense Question - Trad Only?
Replies: 8
Views: 608

Another TIAA High Expense Question - Trad Only?

I've read through quite a few threads on TIAA-CREF, and there's some good info and discussion on the pluses and minuses of their offerings. I was hoping to get some community feedback on my understanding and possible strategy. My spouse is a relatively new employee of a small independent school. Bec...
by travelogue
Wed Aug 23, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: Target Date Funds, Rebalancing, and Bear Markets
Replies: 5
Views: 1322

Target Date Funds, Rebalancing, and Bear Markets

Markets fluctuate. How will a target date fund react to a bear market (equities down 40% or more, steep drop, duration of about 10-24 months)? Let's consider the TSP L2040 as an example (allocations below): July 2017 G Fund: 20.58% F Fund: 6.42% C Fund: 39.10% S Fund: 12.00% I Fund: 21.90% TSP L fun...
by travelogue
Sun Aug 13, 2017 2:48 am
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1444

Re: TSP only vs TSP and Vanguard IRA

OK, back after re-reading the posts above and a few more resources. We're definitely disqualified from deducting tIRA contributions based on income limitations . It seems that after I max the TSP at $18k (and $24k after 50), I'll need to calculate modified AGI to see if we're above or below the mAGI...
by travelogue
Sun Aug 13, 2017 1:59 am
Forum: Investing - Help with Personal Investments
Topic: TSP Allocation Strategy for the AGRESSIVE Investor
Replies: 36
Views: 2826

Re: TSP Allocation Strategy for the AGRESSIVE Investor

mckaydw wrote:
Sat Aug 12, 2017 2:27 pm
Just put it all in L2050 and forget about it until retirement age.
I think this is a decent suggestion. You could do an interfund transfer of existing contributions to L2040 to protect principle and then pile new contributions into L2050 to buy into future dips.
by travelogue
Sun Aug 13, 2017 1:50 am
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1444

Re: Why max TSP before outside IRA?

Can you fund both TSP @ $18k and a Roth @ $5,500? If so, you're good. If not, the advantage to funding a Roth is to "call dibs" in this tax-free space for further down the line. The usual advice, if you can't do both, is to fund your TSP to the match ($5%), then max out the Roth, then go back to TS...
by travelogue
Sat Aug 12, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1444

TSP only vs TSP and Vanguard IRA

Is there a difference between $15k invested in pretax TSP vs $10k pretax TSP plus $5k Vanguard traditional IRA? (In both scenarios, the 5% TSP match is being met.)
by travelogue
Sat Aug 12, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: TSP only vs TSP and Vanguard IRA
Replies: 19
Views: 1444

Why max TSP before outside IRA?

Hi folks, Because of phase outs and desire to reduce taxable income today, I'm contributing to pre-tax "traditional" TSP (not "Roth") and have just opening a Vanguard traditional IRA. My question is, why is it better to max the TSP at $18,000 before starting on the $5,500 IRA limit? I know getting i...