Search found 63 matches

by JiveTurkey
Fri Dec 30, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 247
Views: 39325

Re: 2017 hedge fund contest

Tuesday's Not Forever

Long
RT: Ruby Tuesday, Inc.
TUES: Tuesday Morning Corp.

Short
INFI: Infinity Pharmaceuticals, Inc.
IPCC: Infinity Property & Casualty Corp.
by JiveTurkey
Tue Sep 13, 2016 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Is A Two-Fund Portfolio All You Really Need?
Replies: 44
Views: 8591

Re: Is A Two-Fund Portfolio All You Really Need?

For an average Jo(e) with no understanding of investing, I'd suggest just one fund: A target date fund. Choosing one by date is intuitive and all contributions can go to one fund in each account. The 2 (or 3) fund portfolio and the LifeStrategy funds require figuring out allocations. Balanced Index ...
by JiveTurkey
Fri Aug 12, 2016 3:23 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Interest Deduction, Is it worth it?
Replies: 14
Views: 1332

Re: Student Loan Interest Deduction, Is it worth it?

A couple considerations in deciding how fast to pay this off:

Do you have other debts, especially any that do not provide a tax deduction?

How are you with your emergency fund, retirement investing, and other savings?
by JiveTurkey
Wed Apr 20, 2016 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: 403b Rollover into Solo 401k, Question
Replies: 9
Views: 1067

Re: 403b Rollover into Solo 401k, Question

Based on her 2016 calendar year earnings for the LLC, we fill out the remaining 6k in the Solo 401k to equal 18k total between the 403b and Solo 401k for 2016. In addition to the $6k employee contribution in the solo 401(k) (to get it to $18k for the year), she may be able to contribute a portion o...
by JiveTurkey
Sun Apr 03, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: solo 401K
Replies: 10
Views: 982

Re: solo 401K

Your 401(k), your Roth IRA, and her Roth IRA will not affect her solo 401(k) contributions. If she had a work 401(k)/403(b), then her employee contributions there could affect how much she could contribute to her solo 401(k). This is because employee contributions are limited to $24,000 (for age 50+...
by JiveTurkey
Sun Apr 03, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: solo 401K
Replies: 10
Views: 982

Re: solo 401K

Due to self-employment tax (SS/Medicare) obligation, she will not be able to contribute the entire 1.7k. Here's an awesome calculator from fellow member tfb, to determine maximum contribution to solo 401(k): https://docs.zoho.com/sheet/published.do?rid=hd3vb2c79aa2e630443d58a05e8140934898a&mode=html...
by JiveTurkey
Wed Mar 30, 2016 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k question
Replies: 10
Views: 1008

Re: solo 401k question

Since you're right around $2,000, keep in mind "Fidelity may deduct a small balance maintenance fee of $12.00 from a fund balance with a value less than $2,000." (See footnote 3: https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911404) That $2,000 requirement is waived in solo 401k...
by JiveTurkey
Wed Mar 30, 2016 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k question
Replies: 10
Views: 1008

Re: solo 401k question

Since you're right around $2,000, keep in mind "Fidelity may deduct a small balance maintenance fee of $12.00 from a fund balance with a value less than $2,000." (See footnote 3: https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911404) As livesoft mentioned, you might consider ETFs....
by JiveTurkey
Fri Feb 26, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: VTINX conversion to VITRX
Replies: 4
Views: 769

Re: VTINX conversion to VITRX

Your company may have exceeded the $100 Million threshold for VITRX, or otherwise became eligible for Institutional class funds. Some of the underlying funds in VITRX are cheaper Admiral or Institutional Shares funds, while VTINX's underlying funds are all Investor Shares. Underlying funds ("Portfol...
by JiveTurkey
Thu Feb 25, 2016 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Side biz taxes and solo 401K contributions
Replies: 21
Views: 1979

Re: Side biz taxes and solo 401K contributions

I really like this Solo 401(k) online spreadsheet/calculator, from fellow-member tfb:

https://docs.zoho.com/sheet/published.d ... 140934898a
by JiveTurkey
Tue Feb 23, 2016 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?
Replies: 9
Views: 949

Re: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?

Thanks for your help. I think your previous employer should have coded Box 7 (distribution code) with 2 (or 7 based on your age). But I am not sure if there are other ways of coding 1099-R for Roth conversions. I am under 59 1/2. At hrblock.com, changing box 7 code from G to 2, with Taxable amount i...
by JiveTurkey
Mon Feb 22, 2016 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?
Replies: 9
Views: 949

Re: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?

To clarify, when I said I was concerned about what was reported to the IRS, I meant from the 1099-R issuer (not from my 1040). After looking at the 1040, lines 16a and b, as suggested, I can see that it would be very easy for me to just write in the taxable amount, if I were hand-writing the form. I...
by JiveTurkey
Mon Feb 22, 2016 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?
Replies: 9
Views: 949

Re: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?

I edited post #3 (my second post). I'll just go ahead and ask again here: I understand to get to the correct outcome, I could put $4312 in Box 2a (Taxable amount). I hesitate to input something different than what was reported to the IRS. However, this seems the easiest solution, I know it produces ...
by JiveTurkey
Mon Feb 22, 2016 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?
Replies: 9
Views: 949

Re: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?

Thanks livesoft. On HR Block, on the final screen for the 1099-R, it asks: - I rolled this amount over to an IRA account: I checked this box - Did you roll this distribution into a Roth IRA account? I checked "Yes" However, even if I uncheck the first question (which causes the other to disappear), ...
by JiveTurkey
Mon Feb 22, 2016 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?
Replies: 9
Views: 949

Pre-tax 401(k) to Roth IRA: 1099-R Taxable amount $0?

Hello everyone, Wondering if anyone has any insights on this situation. Nut-shell scenario and question: I rolled over/converted pre-tax 401(k) to Roth IRA. I received a 1099-R from the 401(k) issuer, indicating $0 as taxable amount, and received no 1099-R from IRA custodian. What do I need to do to...
by JiveTurkey
Wed Sep 30, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: You can time the market...
Replies: 47
Views: 5392

Re: You can time the market...

Buying on TWO down days vs. ONCE on the last day of the month wouldn't be a fair comparison.

I say compare your strategy to two fixed days, such as the day after each paycheck, or 15th & 30th, etc. that you pick in advance.
by JiveTurkey
Tue Sep 29, 2015 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k allocation..
Replies: 19
Views: 1171

Re: Help with 401k allocation..

Thanks ruralavalon!! Interesting info about the small cap. Keeping it at 3 funds makes it simple and effective i guess. We both don't have any other retirement accounts but we have Betterment accounts of 18k at 90/10, 10k at 80/20, 15k at 60/40.... 1. Staggering the Betterment account like that was...
by JiveTurkey
Sun Sep 27, 2015 4:32 am
Forum: Investing - Help with Personal Investments
Topic: divesting of fossil fuel companies
Replies: 31
Views: 2565

Re: divesting of fossil fuel companies

Toons wrote:FYI:
Green Century Funds
http://greencentury.com/why-choose-gree ... investing/

Check the prospectus for costs :happy
I use GCEQX. I am willing to make the trade off on cost.
by JiveTurkey
Thu Sep 10, 2015 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs. VTSAX
Replies: 8
Views: 1995

Re: VTI vs. VTSAX

basically the same fund, except it's currently nearly half the price This is irrelevant. Total value is all that matters. 100 shares of VTI at $100/share = $10,000 = 200 shares of VTSAX at $50/share. Both funds will grow/shrink at the same percentage, so total value will remain the same between the...
by JiveTurkey
Thu Sep 03, 2015 4:15 am
Forum: Investing - Help with Personal Investments
Topic: Home Equity When Estimating Savings for Retirement
Replies: 47
Views: 4546

Re: Home Equity When Estimating Savings for Retirement

Since we plan to live in the house forever, I keep in mind the lowered expenses post-mortgage pay-off, which factors into our cash needs in retirement.

The equity doesn't factor into our portfolio, though it is a part of our net worth.
by JiveTurkey
Wed Sep 02, 2015 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring to Vanguard funds w/o getting out of the market?
Replies: 7
Views: 900

Re: Transferring to Vanguard funds w/o getting out of the market?

Since mutual funds settle next day, I'd think as long as you placed both orders same day before the respective cut-off times (typically 4:00 pm Eastern), they'd both settle at the same time. For example, 1) Before 4:00 pm today, sell TRP fund 2) Note the dollar/cents amount of sale 3) Before 4:00 pm...
by JiveTurkey
Tue Sep 01, 2015 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse 1099 Misc - Traditional IRA?
Replies: 4
Views: 550

Re: Spouse 1099 Misc - Traditional IRA?

Anyone with taxable income can fund an IRA. Same rules apply, regardless of whether income is from W-2 job or 1099 contracting. As a self-employed person, she could also set up a SIMPLE IRA, SEP IRA, or Individual 401(k), to which she could contribute in addition to her IRA. Here are a couple compar...
by JiveTurkey
Sat Aug 29, 2015 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard's i401k contribution calculator incorrect?
Replies: 5
Views: 581

Re: Is Vanguard's i401k contribution calculator incorrect?

General calculators can be insufficient for side businesses because they don't take into account employee 401(k)/403(b) contributions at the day-job. Employee contribution limit is cumulative across all jobs, including the individual 401(k). The above spreadsheet accounts for day-job contributions, ...
by JiveTurkey
Fri Aug 28, 2015 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Where to start?
Replies: 2
Views: 373

Re: Where to start?

Before going taxable, consider filling any tax-advantaged spaces for the year first. If she worked at all this year, she can put what she earned into IRA and possibly a workplace plan before she leaves.
by JiveTurkey
Fri Aug 28, 2015 12:18 pm
Forum: Investing - Theory, News & General
Topic: part two on the crisis, part 3 on Monday
Replies: 20
Views: 2677

Re: part two on the crisis, part 3 on Monday

All of these posts have one thing in common: Altering long-term strategy with short-term tactics, based on current conditions. I would have said that all of these posts (except perhaps the last one) have one thing in common: Click-bait thread titles with the message inside to stay-the-course and re...
by JiveTurkey
Fri Aug 28, 2015 11:54 am
Forum: Investing - Theory, News & General
Topic: Include Cash in Asset Allocation?
Replies: 7
Views: 895

Re: Include Cash in Asset Allocation?

I think cash in one's retirement and long-term brokerage accounts should be included. Though, I also see no reason to place cash there. I would not count cash (or any financial instrument) in my emergency fund (for unforseen expenses) or savings fund (for immediate/intermediate plans) in my AA. My r...
by JiveTurkey
Fri Aug 28, 2015 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Sigh, what's the point of knowing investing theory?
Replies: 20
Views: 2163

Re: Sigh, what's the point of knowing investing theory?

Sound like you're making the best with what you have. Keep it up.
by JiveTurkey
Fri Aug 28, 2015 11:16 am
Forum: Investing - Theory, News & General
Topic: part two on the crisis, part 3 on Monday
Replies: 20
Views: 2677

Re: part two on the crisis, part 3 on Monday

Thank you, Larry. With all the timing concerns and strategies discussed (adding to the noise, IMO) this past week, this is refreshing. I think I saw only rebalancing discussed and not any timing concerns. Just a few still on the homepage: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=172728...
by JiveTurkey
Fri Aug 28, 2015 9:09 am
Forum: Investing - Theory, News & General
Topic: part two on the crisis, part 3 on Monday
Replies: 20
Views: 2677

Re: part two on the crisis, part 3 on Monday

One should not "buy" on dips because you don't know if the dip is only the beginning of much bigger dip. One should buy to rebalance, or sell to rebalance and maintain your plan. Period. If you buy just because market has gone down then you could exceed your ability, willingness and need to take ri...
by JiveTurkey
Thu Aug 27, 2015 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Vanguard ETF shares to Admiral shares
Replies: 20
Views: 3443

Re: Converting Vanguard ETF shares to Admiral shares

Looking just at expense ratios, yes, the costs are identical, so that shouldn't be a factor. You may still prefer mutual fund admiral shares for other reasons, like avoiding the bid/ask spread, buying in exact dollars/cents, not having to time when to buy during the day, etc. (See the wiki for compa...
by JiveTurkey
Wed Aug 26, 2015 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Maxed out, what next?
Replies: 5
Views: 763

Re: TSP Maxed out, what next?

I suggest editing your post using this format: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Regarding the use of a Roth IRA, it won't reduce your taxes. The Roth's feature is that you pay taxes now before contributing, so you don't have to pay later at withdrawal. Traditional IRA contri...
by JiveTurkey
Wed Aug 26, 2015 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced investor: Please help with asset allocation/location
Replies: 12
Views: 1044

Re: Inexperienced investor: Please help with asset allocation/location

I think you'll find most here advocate not choosing investment selections based on past performance... I find that argument being used a lot when convenient during discussions. Yet we all believe in the low cost, well-diversified, buy-and-hold strategy which is better than most other strategies bas...
by JiveTurkey
Wed Aug 26, 2015 12:02 am
Forum: Investing - Theory, News & General
Topic: IRA + Transaction Fee
Replies: 10
Views: 770

Re: IRA + Transaction Fee

If you were considering annually paying $20 to buy FSTVX, then is a one-time $60 transfer fee really that much? Chalk it up to tuition and put your money with a custodian that'll let you buy the fund you want for free, sooner rather than later. There are much more stupider ways to spend 60 bucks. I...
by JiveTurkey
Tue Aug 25, 2015 9:17 pm
Forum: Investing - Theory, News & General
Topic: ROTH Contributions after RBDs
Replies: 10
Views: 1040

Re: ROTH Contributions after RBDs

So, next year, what if the stock market never goes down? What if it goes down late in the year, but not as much as it had already gained YTD? Just keep hoping for that RBD until 4/15/17, then finally buy in (at the top)? I don't consider contributing every paycheck to be DCAing, because I didn't hav...
by JiveTurkey
Tue Aug 25, 2015 7:57 pm
Forum: Investing - Theory, News & General
Topic: IRA + Transaction Fee
Replies: 10
Views: 770

Re: IRA + Transaction Fee

If you were considering annually paying $20 to buy FSTVX, then is a one-time $60 transfer fee really that much? Chalk it up to tuition and put your money with a custodian that'll let you buy the fund you want for free, sooner rather than later.

There are much more stupider ways to spend 60 bucks.
by JiveTurkey
Mon Aug 24, 2015 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: single stock staying the course
Replies: 6
Views: 606

Re: single stock staying the course

Staying the course is predicated on having a good course in the first place. Read through the Wiki to see how "good" is defined around here (some hints: diversification, equity/bond allocation based on need and risk tolerance). Regardless of where those stocks are, I'd advise moving out of them to b...
by JiveTurkey
Mon Aug 24, 2015 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Fees
Replies: 3
Views: 441

Re: 401k Fees

To get a more detailed and accurate advice, you'll want to post your entire portfolio using: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 In the mean time, here's some generic advice: Make non-deductible contributions to Traditional IRAs up to annual max. Convert contributions to Roth I...
by JiveTurkey
Mon Aug 24, 2015 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Indirect 403b to Roth IRA Conversion
Replies: 9
Views: 641

Re: Indirect 403b to Roth IRA Conversion

I rolled over and converted a small 401(a) from an old job to my Vanguard Roth IRA earlier this year. The 401(a) custodian mailed me a check payable to "Vanguard FBO [my name]" (FBO = for benefit of). I then had 60 days to mail it to Vanguard. Though the check was sent to me, because it was made out...
by JiveTurkey
Sun Aug 23, 2015 9:24 pm
Forum: Investing - Theory, News & General
Topic: How are you being GREEDY when others are fearful?
Replies: 85
Views: 14853

Re: How are you being greedy when others are fearful?

I'm being neither.

My savings are too important for me to alter my plan based on others' courses. I'll stay with mine.
by JiveTurkey
Mon Aug 17, 2015 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of using Roth IRA as emergency fund
Replies: 11
Views: 1906

Re: Mechanics of using Roth IRA as emergency fund

A "conversion" occurs when you roll over assets from a pre-tax retirement account (e.g. IRA, 401(k)) to the after-tax Roth account. You'd have to now pay taxes on it because the original funding was never taxed before.

This does not apply to regular ol' contributions.
by JiveTurkey
Thu Aug 13, 2015 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Self-employer SEP IRA contributions to Roth IRA conversion
Replies: 4
Views: 648

Re: Self-employer SEP IRA contributions to Roth IRA conversion

Thanks for all your insights. More for me to consider.
by JiveTurkey
Wed Aug 12, 2015 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Self-employer SEP IRA contributions to Roth IRA conversion
Replies: 4
Views: 648

Self-employer SEP IRA contributions to Roth IRA conversion

Hello, Along with my regular job, I will realize a small amount of self-employment net profit this year. I would like to personally make an "employer" contribution to a money market account in a SEP IRA , then roll over and convert it to my existing Roth IRA (which I plan to make the max $5500 contr...
by JiveTurkey
Wed Aug 12, 2015 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: First IRA investments
Replies: 12
Views: 823

Re: First IRA investments

I chose these based on current market conditions I--and I believe many here would--suggest you make a plan based on your long-term needs, risk tolerance, etc. and not on the current conditions. Conditions change, and you may find yourself chasing performance, buying in high and selling low. Make a ...
by JiveTurkey
Mon Aug 10, 2015 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Covered by 2 insurances temporarily - HSA contribution?
Replies: 7
Views: 604

Re: Covered by 2 insurances temporarily - HSA contribution?

From IRA Pub. 969, http://www.irs.gov/publications/p969/ar02.html#en_US_2014_publink1000204039 Qualifying for an HSA To be an eligible individual and qualify for an HSA, you must meet the following requirements. You must be covered under a high deductible health plan (HDHP), described later, on the ...
by JiveTurkey
Sun Aug 09, 2015 10:29 pm
Forum: Investing - Theory, News & General
Topic: Good Strategy? [TR 2055 at beginning of career]
Replies: 11
Views: 1073

Re: Good Strategy? [TR 2055 at beginning of career]

Because IRA's are often less expensive and you get greater control of where you go and what you can invest I and some employers match contributions to their plans,, this is a typical strategy for investing order: 1) Employer plan (e.g. 401(k)) up to employer match - free money 2) IRA up to max ($550...
by JiveTurkey
Sun Aug 09, 2015 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with tiny orphan IRA
Replies: 8
Views: 1293

Re: What to do with tiny orphan IRA

1) Open the Roth IRA (if you don't already have one) and make note of company and account number. 2) Ask new IRA company if they need anything. 3) Ask the CU if they have a rollover form. Indicate the IRA company and account number, trustee-to-trustee transfer, and that it's going to a Roth. 4) If t...
by JiveTurkey
Sat Aug 08, 2015 3:25 am
Forum: Investing - Help with Personal Investments
Topic: Giving Financial Advisor Benefit of Doubt or Pull the Plug
Replies: 31
Views: 4202

Re: Giving Financial Advisor Benefit of Doubt or Pull the Plug

Sorry you have to deal with that. Keep in mind that if you manage your portfolio yourself, you'll need to know these rules yourself. It sounds like you don't know what you're invested in. You might look into Vanguard's services. If you decide to manage it completely on your own, I suggest reading th...
by JiveTurkey
Sat Aug 08, 2015 3:14 am
Forum: Investing - Help with Personal Investments
Topic: Adjust your AA to get back to your goal AA
Replies: 3
Views: 507

Re: Adjust your AA to get back to your goal AA

Buying is a great opportunity to rebalance. But I wouldn't necessarily buy for the sole purpose of rebalancing. I make regular contributions and rebalance by splitting up the amount as needed. You can rebalance through selling-and-buying based on the amount of deviation, on a set schedule, or a comb...
by JiveTurkey
Fri Aug 07, 2015 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with a windfall
Replies: 16
Views: 2317

Re: What to do with a windfall

I would definitely pay off the CC, student, and medical debts right away. Treat the credit card like cash or a debit card. Learn to use it for every day purchases, not just for large purchases, and pay it off every month. For the mortgage, if you don't pay it completely, be strategic about how much ...
by JiveTurkey
Wed Aug 05, 2015 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Just opened my Roth IRA and maxed it out but..couple questions
Replies: 8
Views: 1998

Re: Just opened my Roth IRA and maxed it out but..couple questions

Re: short term reserves listed as 50% of assets: You'll need to way for everything to "settle." If you go to your Holdings, you may see that you have: $5500 in VMMXX Money Market (Settlement) Fund -$5500 in "Total Credits and Debits" $5500 in VASGX The asset allocation tool is seeing $11,000 on the ...