Search found 44 matches

by zayd13
Mon Apr 24, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

If you leave the current employer you can: 1) leave the old 403b where it is (there might be a small fee); 2) roll it over into the new employer's plan, if the new plan accepts rollovers; or ) roll it over into an IRA at a low cost provider like Vanguard or Fidelity. The rollover is a fairly simple...
by zayd13
Mon Apr 24, 2017 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

Also, walk me through what happens if I get a 403b and leave my employer. If my new employer has the same 403b company, can I just continue where I left off, or would I have to roll it over into an IRA until retirement? Let's say I went with a Fidelity 403b and rolled it into a Vanguard IRA after le...
by zayd13
Sun Apr 23, 2017 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

If I could only fund the Fidelity 403b or the Ohio Deferred Compensation 457b plan, I would choose Fidelity 403b because there are no additional fees (just the expense ratios which are approximately 0.045 to 0.11% for the standard 3 fund portfolio). The 457b has slightly lower expense ratios, but 2...
by zayd13
Sun Apr 23, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

Your 457 is a "government" 457, which allows rollovers to an IRA. It's the "non-government" 457 plans that have the rollover problem. Are you aware that the 457 has unique distribution rules? If you quit your employer, you can take a distribution at any age. With the 403b, it's age 59.5, with some ...
by zayd13
Sun Apr 23, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

If I could only fund the Fidelity 403b or the Ohio Deferred Compensation 457b plan, I would choose Fidelity 403b because there are no additional fees (just the expense ratios which are approximately 0.045 to 0.11% for the standard 3 fund portfolio). The 457b has slightly lower expense ratios, but 2...
by zayd13
Sat Apr 22, 2017 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

That's correct, I work for a public university, and they do have a 457b option. Do you mean instead of or in addition to the 403b? Instead of if the costs are lower. In addition to if you can save that much. If you have additional funds, Ohio457.org (Ohio Deferred Compensation) provides most Ohio p...
by zayd13
Fri Apr 21, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

I suggest around 20 - 30% of stocks in international stocks. Vanguard paper (March 2012), "Considerations for investing in non-U.S. equities" . Historically, allocating 20% of an equity portfolio to non-U.S. stocks would have captured about 84% of the maximum possible diversification benefit, and a...
by zayd13
Fri Apr 21, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

Another thing you might look for. It appears your employment is public of some kind. See if there is a state sponsored 457b plan available for your use. You can defer taxes on more money (an additional $18k contribution) and the costs are often better anyway. That's correct, I work for a public uni...
by zayd13
Fri Apr 21, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

I suggest contributing as much as you can to your 403b. It offers some very diversified index funds with very low expense ratios, such as: Fidelity Total Market Index Fund Premium Class (FSTVX), ER 0.045%; Fidelity Total International Index Fund Premium Class (FTIPX), ER 0.11%; and Fidelity U.S. Bo...
by zayd13
Thu Apr 20, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Re: Grow my taxable index fund, or contribute to a non-matching 403b?

Thank you all of you for your detailed advice, it's extremely helpful! Clarification:I live in Ohio, and I am in the 3.96% income tax bracket (sorry I didn't inclue that in the beginning!) Remaining questions: -When a time comes where I leave my employer and decide to roll over my 403b into an IRA (...
by zayd13
Thu Apr 20, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Grow my taxable index fund, or contribute to a non-matching 403b?
Replies: 37
Views: 3131

Grow my taxable index fund, or contribute to a non-matching 403b?

28, no debt (student and car loans paid off), emergency fund in place, fully funding my Roth IRA (VFFVX), contributing 10% into my employer public employee retirement system plan, and putting aside funds in a regular savings account to meet home down payment savings goals. I am at the lower end of t...
by zayd13
Mon Apr 03, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: What are some ways that I can maximize this portfolio, staying true to the Bogle philosophy?
Replies: 4
Views: 498

Re: What are some ways that I can maximize this portfolio, staying true to the Bogle philosophy?

There are many who recommend small cap value over the long term. I've never owned it myself. I think your AA is fine for your age and your plan to make it a bit more conservative in a few years is on target with the approach I would take. (Not that this is right, mind you, just two persons' opinion...
by zayd13
Mon Apr 03, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: What are some ways that I can maximize this portfolio, staying true to the Bogle philosophy?
Replies: 4
Views: 498

What are some ways that I can maximize this portfolio, staying true to the Bogle philosophy?

Age: 28 (39 years left to retirement) Debt: None (took a lot of hard work and foresight to get here, but I did it!) Current portfolio: • Roth IRA: 100% VFFVX - Target Date Fund 2055 (maxing since 2015, will continue to max this year and beyond) • Vanguard Taxable: 100% VTSMX (currently valued at ~$...
by zayd13
Fri Mar 03, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: WWYD in this case: buy more of the same or start diversifying?
Replies: 7
Views: 709

Re: WWYD in this case: buy more of the same or start diversifying?

You shouldn't think of diversification as relating to individual taxable and tax-advantaged accounts but rather to your portfolio as a whole. Individual accounts don't matter (aside from tax efficiency). For instance, the fact that my taxable is 100% equity and my wife's 403b is 70% fixed income do...
by zayd13
Fri Mar 03, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: WWYD in this case: buy more of the same or start diversifying?
Replies: 7
Views: 709

Re: WWYD in this case: buy more of the same or start diversifying?

Great advice guys, I really appreciate your points and observations. I know my Roth is well-diversified, I guess I was just trying to see if my taxable account could use some diversification as well - seeing that I won't touch my Roth for another 39 years. ETF's was the first thing that came to mind...
by zayd13
Thu Mar 02, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: WWYD in this case: buy more of the same or start diversifying?
Replies: 7
Views: 709

WWYD in this case: buy more of the same or start diversifying?

Context: • No debt. • Emergency fund established. • Roth IRA maxed the past two years since getting out of grad school and will do it this year as well. • Getting full match with company (pre-tax) pension (OPERS). • I plan to buy a home a few years down the road, and currently have about 25% of that...
by zayd13
Sun Jan 01, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??
Replies: 13
Views: 1303

Re: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??

Yea, it kind of makes me wonder with all of those providers having such relatively high fees/expense ratios if it would actually be more sensible to put it in the taxable VTSMX, particularly if my goal isn't for retirement reasons as much as I would just like to put my money to work better and grow ...
by zayd13
Sun Jan 01, 2017 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??
Replies: 13
Views: 1303

Re: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??

Awesome. Good advice. The taxable account actually isn't necessarily for retirement purposes. I may tap into it over the years if I feel like I absolutely need to, but it originally was not meant for retirement. For retirement I have my Roth, which I've maxed the past two years and plan to continue ...
by zayd13
Sun Jan 01, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??
Replies: 13
Views: 1303

Re: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??

Sounds good. You've chosen a reasonable investment to hold in a taxable account. You are doing great. You should consider getting a HDHP and maxing an HSA, with the intent to invest the money to pay future medical expenses and to fund retirement. Although I do not accrue very many health costs, I t...
by zayd13
Sun Jan 01, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??
Replies: 13
Views: 1303

Re: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??

So I have an emergency fund, contribute the max to my pension plan (I work at a public university), . . . . . In addition to the pension is there a 403b plan or 457 plan that you can contribute to? Please see the wiki article "Prioritizing investments" . There is a 403b option, but they d...
by zayd13
Sun Jan 01, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??
Replies: 13
Views: 1303

Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??

Hey everyone, So I have an emergency fund, contribute the max to my pension plan (I work at a public university), plan to contribute the max to my Roth IRA, and have no forms of debt (cc, student loan, or mortgage..going to buy in a couple years though). I also have VTSMX in a taxable account, and s...
by zayd13
Tue Jul 12, 2016 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds would be best for diversifying my current portfolio?
Replies: 13
Views: 1620

Re: What index funds would be best for diversifying my current portfolio?

I'm considering maybe getting either an REIT index fund, or an international stock index fund (or both). The international would be better since it is more tax efficient. The REIT might not be necessary if you own, or likely will own, a house or condo(There is no hurry!) and that would give you a l...
by zayd13
Tue Jul 12, 2016 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds would be best for diversifying my current portfolio?
Replies: 13
Views: 1620

Re: The Three-Fund Portfolio

Hello, I'm trying to decide whether it would make sense to invest in additional taxable index funds to further diversify my portfolio.Currently, the only taxable investment that I own is the VTSMX index fund.As I'm getting older and more comfortable with investing, I would liketo further diversify ...
by zayd13
Mon Jul 11, 2016 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds would be best for diversifying my current portfolio?
Replies: 13
Views: 1620

What index funds would be best for diversifying my current portfolio?

Hello, I'm trying to decide whether it would make sense to invest in additional taxable index funds to further diversify my portfolio.Currently, the only taxable investment that I own is the VTSMX index fund.As I'm getting older and more comfortable with investing, I would liketo further diversify m...
by zayd13
Wed Jun 08, 2016 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: 27 & no debt: What else should I add to my "starter pack" portfolio?
Replies: 8
Views: 1078

Re: 27 & no debt: What else should I add to my "starter pack" portfolio?

Congratulations on what you've accomplished so far. Part of a sound investment strategy is having an emergency fund so you don't have to dip into your investment portfolio. Also, if buying a house will be in your future up may want to start saving up for a down payment. Thank you so much for your e...
by zayd13
Wed Jun 08, 2016 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: 27 & no debt: What else should I add to my "starter pack" portfolio?
Replies: 8
Views: 1078

Re: 27 & no debt: What else should I add to my "starter pack" portfolio?

Congratulations on getting all of your student debt paid off . Its great to see the debt eliminated, that you are starting young at investing, and that you are using low expense index funds. What is your tax bracket, both federal and state? Do you have a desired asset allocation that you want to ai...
by zayd13
Wed Jun 08, 2016 9:48 am
Forum: Investing - Help with Personal Investments
Topic: 27 & no debt: What else should I add to my "starter pack" portfolio?
Replies: 8
Views: 1078

27 & no debt: What else should I add to my "starter pack" portfolio?

Hi all, I'm 27 years old and over the last year I have been trying to build a financial foundation for my future. A year ago I paid off my student and car loans, and currently have a total of 0$ in liabilities. I'm an educator so my salary is modest, but because I do not have any debt I am able to s...
by zayd13
Sat Jul 25, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

I currently have 3k of VTSMX as the only holding in a taxable account. Seeing that it is an index fund I thought it'd be the best core holding. My next step after contributing to my Roth next year is actually to figure out what other mutual funds I should have in my taxable account in addition to V...
by zayd13
Sat Jul 25, 2015 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

So I guess my next and final question is - and pardon me if it's a dumb one - but how /what is the best way to go about transferring everything i have from VGSTX to VFFVX without going over the 5500$ threshold . Do I do an "exchange" on Vanguard's site and then do I do cash or shares? Sorr...
by zayd13
Sat Jul 25, 2015 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

Great. And actually, I currently have 3k of VTSMX as the only holding in a taxable account. Seeing that it is an index fund I thought it'd be the best core holding. My next step after contributing to my Roth next year is actually to figure out what other mutual funds I should have in my taxable acco...
by zayd13
Sat Jul 25, 2015 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

Will I incur any tax penalties or other disadvantages by completely selling off VGSTX and putting that into VFVVX? Inside an IRA or other tax-deferred account such as a 401(k) or 403(b), there are no taxes involved when you sell one fund and re-invest the proceeds in another one. Ok, I figured that...
by zayd13
Sat Jul 25, 2015 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

Are there any problems with having nothing BUT a tdf (VFFVX) in your Roth IRA?
by zayd13
Sat Jul 25, 2015 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

Thanks a lot for your encouragement and advice. So would you suggest selling off my VGSTX and putting those funds all into the VFVVX next year? I would exchange from VGSTX to VFVVX as soon as possible. Why wait? Next year's contribution can go into VFVVX, too. That is, unless you have some other in...
by zayd13
Sat Jul 25, 2015 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

Re: What should I put in my Roth IRA if TDF's are "bad?"

Thanks a lot for your encouragement and advice. So would you suggest selling off my VGSTX and putting those funds all into the VFVVX next year?
by zayd13
Sat Jul 25, 2015 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 1571

What should I put in my Roth IRA if TDF's are "bad?"

Hi, I've been hearing from different sources (research and people) that a target date retirement fund isn't the greatest fund to have your Roth IRA. I just opened a Roth IRA and have maxed it out at 80% VFFVX (2055 tdf) and 20% (VGSTX) STAR fund. I'm still young, 26, and will likely be able to put a...
by zayd13
Sat Jun 06, 2015 10:13 am
Forum: Investing - Help with Personal Investments
Topic: How can I use ETFs to further diversify my taxable account?
Replies: 11
Views: 1261

Re: How can I use ETFs to further diversify my taxable account?

Thanks all of you for your advice as well as the reading materials. I'm learning more about ETFs and taking it all in.
by zayd13
Fri Jun 05, 2015 10:58 am
Forum: Investing - Help with Personal Investments
Topic: How can I use ETFs to further diversify my taxable account?
Replies: 11
Views: 1261

Re: How can I use ETFs to further diversify my taxable account?

At 26, you are not late to the party. Do you have some kind of 403k or 430b or SEP or SIMPLE IRA at work? If you do, you should be using that instead of a taxable account for your retirement savings. If you have no plan at work, you'll have to just use the taxable account and the Roth IRA (or tradi...
by zayd13
Fri Jun 05, 2015 10:44 am
Forum: Investing - Help with Personal Investments
Topic: How can I use ETFs to further diversify my taxable account?
Replies: 11
Views: 1261

Re: How can I use ETFs to further diversify my taxable account?

If for retirement, it seems like contributing more to your PERS plan would be in order. I'm a big fan of ETFs, but also a fan of mutual funds. If you want to try out ETFs, and since you already are invested in VTSMX (the total US stock market index fund), you really only have a few choices: 1. VXUS...
by zayd13
Fri Jun 05, 2015 7:17 am
Forum: Investing - Help with Personal Investments
Topic: How can I use ETFs to further diversify my taxable account?
Replies: 11
Views: 1261

How can I use ETFs to further diversify my taxable account?

Hello everyone, So I’m a little late to the party being 26 years old and having just recently started my investment life. To be fair, I do come from a single-parent immigrant family, and understanding finance, among other things (i.e., grad school), was something I just had to venture out and figure...
by zayd13
Sun May 31, 2015 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?
Replies: 17
Views: 1574

Re: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?

I have the full 5k that I'm going to put down right now and want to preserve it somewhere that is safe but will yield more than a typical savings account until it is time for me to call on it. zayd13 - Take a look in the wiki, as you need to be aware of a very important concept: Financial planning ...
by zayd13
Sun May 31, 2015 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?
Replies: 17
Views: 1574

Re: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VGCSX)?

Well, I figure with my income that I'll be able to afford a house anywhere in the 90k-105k range in two years. 5k can serve as anywhere between 4.8-5.5% down payment. I'm twenty eight, saving for a house myself, and am far from an expert on finances yet. However, I did start my investing life in 20...
by zayd13
Sun May 31, 2015 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?
Replies: 17
Views: 1574

Re: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VGCSX)?

How comfortable would you be with losing a significant fraction of the 5k? There's no guarantee that any mutual fund you select will not drop in value over the next two years. Also, how have you a arrived at $5k as the amount of your eventual down payment? How much do you expect a house to cost? We...
by zayd13
Sun May 31, 2015 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?
Replies: 17
Views: 1574

Re: 5k for a home down payment in 2 years: should I do a CD or a conservative mutual fund (i.e., VSCGX)?

I'm pretty sure the ticker you listed isn't an actual fund. I'm also pretty sure that no fund is conservative enough to make sense for a two-year investment. Just look at the fund's history and see what the maximum drop was - if it's a bond fund it might only be 5-10%, a stock fund probably 30-60%,...
by zayd13
Sun May 31, 2015 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: 5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?
Replies: 17
Views: 1574

5k for a home down payment in 2 years: CD or conservative mutual fund (i.e., VSCGX)?

I'm 26.5 years old and plan on putting a down payment on a home by the time I'm around 28-29 years old. I have the full 5k that I'm going to put down right now and want to preserve it somewhere that is safe but will yield more than a typical savings account until it is time for me to call on it. Wou...