Search found 1109 matches

by mcraepat9
Mon Feb 18, 2019 3:57 pm
Forum: Investing - Theory, News & General
Topic: How many bogleheads do you know in real life?
Replies: 86
Views: 4616

Re: How many bogleheads do you know in real life?

Most of my contemporaries and friends are Bogleheads (though some would not call themselves that) - they live below their means and invest in low cost index funds only. To me, that is 80% of what being a Boglehead is. It is generational though. My contemporaries are older Millenials (aged 28-35), so...
by mcraepat9
Mon Feb 18, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: Question, please about ROTH vs. Trad IRA
Replies: 6
Views: 259

Re: Question, please about ROTH vs. Trad IRA

Reading all the definitions, and IRS rules, one thing I still don't understand. Everything says all your withdrawals at retirement are tax-free with a ROTH (because contributions are after tax), and all your withdrawals at retirement are taxed like normal income with a Trad (because contributions w...
by mcraepat9
Mon Feb 18, 2019 3:44 pm
Forum: Personal Investments
Topic: 401k fees
Replies: 5
Views: 235

Re: 401k fees

Usually you need fees of 2.0% before deciding to go elsewhere. I would stick with the following order:

1. 401k to match
2. Roth IRA
3. Max rest of 401k

If you are in a high income tax bracket then swap 2 and 3.
by mcraepat9
Mon Feb 18, 2019 3:35 pm
Forum: Personal Investments
Topic: Best 529 options
Replies: 6
Views: 235

Re: Best 529 options

Initial threshold questions to get to a comprehensive and thoughtful answer: 1- what state are you in? 2- are you maxing all your retirement accounts (401k, IRAs, 457s, TSP etc)? Thanks for the response. We are in Texas. We are maxing out our Roth IRAs. We contribute to our 403(b)'s, but don't max ...
by mcraepat9
Mon Feb 18, 2019 3:13 pm
Forum: Personal Investments
Topic: Best 529 options
Replies: 6
Views: 235

Re: Best 529 options

Initial threshold questions to get to a comprehensive and thoughtful answer:

1- what state are you in?
2- are you maxing all your retirement accounts (401k, IRAs, 457s, TSP etc)?
by mcraepat9
Mon Feb 11, 2019 2:20 am
Forum: Personal Investments
Topic: Alternatives to Total International Stock Index Fund for international investing
Replies: 22
Views: 2531

Re: Alternatives to Total International Stock Index Fund for international investing

BWildt wrote:
Sun Feb 10, 2019 3:49 am
Bump...I was reviewing Vanguard's international funds today, and I stumbled upon the International Growth Fund. Does anyone use it, or have any opinions on it? I generally prefer index funds, though I am open to certain active managed funds.
Why do you like it? How does it fit into your strategy?
by mcraepat9
Mon Feb 11, 2019 2:03 am
Forum: Investing - Theory, News & General
Topic: Taxable Account - Vanguard Mutual Fund vs Equivalent ETF Tax Efficiency
Replies: 3
Views: 535

Re: Taxable Account - Vanguard Mutual Fund vs Equivalent ETF Tax Efficiency

No difference. If you want the trading features of ETFs use them. If not, use mutual funds. This is not worth your time to think about.
by mcraepat9
Mon Feb 11, 2019 1:56 am
Forum: Personal Investments
Topic: Vanguard Roth IRA advice
Replies: 17
Views: 1259

Re: Vanguard Roth IRA advice

Also, it's a Roth 401k, not sure if that makes a difference. Thank you for the advice! Why are you using a Roth 401k rather than traditional? What is your current marginal fed and state tax brackets? Are you anticipating a large pension in retirement? Roth 401k is better than traditional for a very...
by mcraepat9
Thu Feb 07, 2019 2:46 pm
Forum: Personal Investments
Topic: 401k fidelity brokeragelink
Replies: 5
Views: 415

Re: 401k fidelity brokeragelink

Hello, I have some questions about my company 401k plan. My company 401k plan offered by Fidelity has a limited number of funds available. There is also the option of using Brokeragelink to access a wider variety of funds which allows me to asset allocate a bit better. Specific questions for forum ...
by mcraepat9
Thu Feb 07, 2019 2:38 pm
Forum: Personal Investments
Topic: Is the VPAS Service worth the 0.30%?
Replies: 32
Views: 2281

Re: Is the VPAS Service worth the 0.30%?

Moved IRA accounts from Ameriprise to Vanguard. Current holdings: MFECX - 1.69 exp ratio, $24,200 MUECX - 1.58 exp ratio, $20,582 PRWCX - 0.71 exp ratio, $50,616 Trying to decide if the 0.30% charged for being in the Vanguard Personal Advisory Services is worth it. Obviously will be saving money by...
by mcraepat9
Thu Feb 07, 2019 10:47 am
Forum: Personal Investments
Topic: 401K fees
Replies: 11
Views: 666

Re: 401K fees

Those fees are excellent and very low. You likely have a good plan (though query why you are investing in VWEAX). Thanks for the reply. I did have to campaign for them to consider adding low cost funds. VWEAX because it was the best available bond fund by far. [/quote] That is annoying - IMHO a hig...
by mcraepat9
Wed Feb 06, 2019 5:09 pm
Forum: Personal Investments
Topic: 401K fees
Replies: 11
Views: 666

Re: 401K fees

I was reviewing my 401K paperwork and was curious about administrative costs. The ERs of my selected funds seem good to me: Vanguard 500 Index Admiral, (VFIAX) .04% and Vanguard High-Yield Corporate Admiral, (VWEAX) .13%. However, I am uncertain about other fees in the plan. To my understanding (wh...
by mcraepat9
Wed Feb 06, 2019 12:08 pm
Forum: Personal Investments
Topic: 403b or taxable
Replies: 12
Views: 429

Re: 403b or taxable

I am trying to figure out what is the better route. This year our 403b is now charging a $5/month fee for investing in Vanguard. The benefit is they are invested in Institutional Shares of the target retirement funds which are .09 as compared to .14 for non institutional. I am first trying to figur...
by mcraepat9
Tue Feb 05, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds w/ 0.09%ER
Replies: 20
Views: 2007

Re: Target Date Funds w/ 0.09%ER

If you had the option to put all your money a target date fund for 0.09%, would you do it? If you have no taxable investments, definitely. ER differential is likely overwhelmed by entropy (like when you rebalance). Ignore. if you have taxable investments, then maybe use a taxable bond fund in your ...
by mcraepat9
Tue Feb 05, 2019 2:58 pm
Forum: Personal Investments
Topic: Best 403(B) retirement fund for what is available
Replies: 6
Views: 177

Re: Best 403(B) retirement fund for what is available

Emergency funds: One months of expenses Debt: mortgage - 75k @ 4% Car Loan - 10k @ 2.5% Tax Filing Status: Married Filing Jointly with 3 Dependent Children Tax Rate 2018: 15% Federal, 5.5% State State of Residence: NC Age: 35 Current retirement assets His Roth IRA at Vanguard (25K) 100% Vanguard We...
by mcraepat9
Fri Feb 01, 2019 1:54 pm
Forum: Personal Investments
Topic: Windfall advice needed
Replies: 10
Views: 780

Re: Windfall advice needed

I have a $780,000 windfall that I received almost a year ago. I have followed much of the advice of the windfall wiki without realizing it, although there is more that needs to be completed this year. My question is this: I am ready to implement my investment plan, but am wondering about timing. Sh...
by mcraepat9
Wed Jan 30, 2019 11:04 pm
Forum: Personal Investments
Topic: Calculating cost basis of Express Scripts in Cigna merger
Replies: 33
Views: 2276

Re: Calculating cost basis of Express Scripts in Cigna merger

Netbasis.com

Handles DRIPs and spinoffs/mergers other corporate events

Will cost you something - $25 I think
by mcraepat9
Wed Jan 30, 2019 6:41 pm
Forum: Personal Consumer Issues
Topic: When selling just isn't worth it
Replies: 24
Views: 2522

Re: When selling just isn't worth it

What is your use for this stuff now? If you don't use it for anything, you just turned $0 into $3000. If you do use it, you need to decide how much that's worth to you and if you could do it with cheaper equipment.
by mcraepat9
Wed Jan 30, 2019 6:25 pm
Forum: Personal Investments
Topic: Fidelity 401k Target Retirement vs S&P
Replies: 4
Views: 479

Re: Fidelity 401k Target Retirement vs S&P

My wife's 401k is with Fidelity and she has everything in FNSBX but the ER is quite high at 0.65%. We were thinking of moving everything over to their S&P FXAIX which has ER of only 0.015%. Would this be a wise move? We like to keep things simple. If you list out the other options (including expens...
by mcraepat9
Wed Jan 30, 2019 6:15 pm
Forum: Personal Investments
Topic: Why Not Hold Individual Bonds to Maturity Rather than Bond Funds?
Replies: 15
Views: 1325

Re: Why Not Hold Individual Bonds to Maturity Rather than Bond Funds?

How much are you investing in bonds? Need a bond fund for diversification of issuers unless you are playing with 7 figures in bonds or investing only in Treasury securities. Without 7 figures, is there too much diversification risk / issuer default risk? Why not 100 different individual bonds and /...
by mcraepat9
Wed Jan 30, 2019 1:19 pm
Forum: Personal Investments
Topic: Why Not Hold Individual Bonds to Maturity Rather than Bond Funds?
Replies: 15
Views: 1325

Re: Why Not Hold Individual Bonds to Maturity Rather than Bond Funds?

Hello I have wondered wouldn't it be better to hold individual new issue bonds to maturity for my bond allocation % rather than buy bond funds that are susceptible to daily price swings. With a diverse selection of individual bonds you could hold each to maturity and get the regular income payments...
by mcraepat9
Wed Jan 30, 2019 12:52 pm
Forum: Personal Investments
Topic: Eligible for 401K at work, Roth or Pre-tax?
Replies: 33
Views: 1313

Re: Eligible for 401K at work, Roth or Pre-tax?

What is your state income tax situation?

I would strongly suspect that pre-tax is best for you, as it is best for an overwhelming majority of people.
by mcraepat9
Tue Jan 29, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 291
Views: 24950

Re: What lifestyle creep made you happier?

Global Entry/TSA precheck. Not really the time savings, but the fact we don't have to unpack our electronics or liquids, and don't have to remove our shoes To call this lifestyle creep at all is so Boglehead-ish! Nearly every single person who can afford Global Entry should have it. If you can affo...
by mcraepat9
Tue Jan 29, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Max out retirment funds before saving for kid's college?
Replies: 54
Views: 2332

Re: Max out retirment funds before saving for kid's college?

Thanks for the replies and information! The insurance we were potentially looking at would be an Indexed Universal Life policy. This is a response we got back from one agent: "I have attached the quotes you requested for _____ and _______ for an Indexed UL with $100k in coverage. Since maximum cash...
by mcraepat9
Tue Jan 22, 2019 12:17 pm
Forum: Personal Investments
Topic: 529 Plan Questions
Replies: 8
Views: 533

Re: 529 Plan Questions

Greetings fellow Bogleheads, I am considering opening a 529 plan for my younger brother. He is 8 (I am 24) My father and his mother are unable to contribute to a college account for my brother. He did receive an inheritance in the neighborhood of $10 when our grandfather passed. I do not have acces...
by mcraepat9
Tue Jan 22, 2019 11:51 am
Forum: Personal Investments
Topic: Mid-life portfolio review
Replies: 2
Views: 536

Re: Mid-life portfolio review

Hi, I've been reading a lot of portfolio review posts and have learned a lot from them. As I've been looking at my own and deliberating on what changes to make (if any), I thought this would be a good time to make my own portfolio review post and see what investing guidance I can get from this wond...
by mcraepat9
Tue Jan 22, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: External Hard Drive?
Replies: 71
Views: 3952

Re: External Hard Drive?

I have broken a few of my external hard drives, so I use the Lacie Rugged drives, which they allege can survive an SUV being driven over it (have not independently verified this).
by mcraepat9
Tue Jan 22, 2019 11:26 am
Forum: Personal Investments
Topic: Advice on diversification, consolidation, and tax hesitation
Replies: 11
Views: 508

Re: Advice on diversification, consolidation, and tax hesitation

Before I get into it I realize that I've been exceptionally fortunate and have a pretty good problem to have About me: I'm in my mid 30s, dual income household, two kids, and already doing well investing but want to do better. Hoping the community here can give me some pointers or help rationalize/...
by mcraepat9
Mon Jan 21, 2019 8:02 pm
Forum: Personal Investments
Topic: Multiple 401K accounts
Replies: 3
Views: 265

Re: Multiple 401K accounts

I have changed multiple employers in the past years. So my 401K from different employers are managed through different companies. Is there any advantage in consolidating them with the one that I have with my current employer? Will there be any cost saving doing this or it will just help manage bett...
by mcraepat9
Mon Jan 21, 2019 6:40 pm
Forum: Personal Investments
Topic: Opening Roth IRA with Vanguard
Replies: 4
Views: 285

Re: Opening Roth IRA with Vanguard

02nz wrote:
Mon Jan 21, 2019 6:32 pm
Note that until April 15 you can still make a $5500 contribution for each person for 2018. Don't pass up the tax-advantaged space if you can help it.
+1
by mcraepat9
Mon Jan 21, 2019 6:40 pm
Forum: Investing - Theory, News & General
Topic: One Fund to Rule Them All
Replies: 52
Views: 4647

Re: One Fund to Rule Them All

I've been discussing investing with my 24-year old daughter. As we've discussed various funds and investing theory, she asked why it wouldn't be appropriate to simply invest her Roth IRA in the Vanguard Total World Fund for the next 40 years, and slowly transfer money to Total Bond as she gets olde...
by mcraepat9
Mon Jan 21, 2019 2:38 am
Forum: Personal Investments
Topic: Looking to roll over my old 401k. Which IRA should I choose?
Replies: 14
Views: 810

Re: Looking to roll over my old 401k. Which IRA should I choose?

What about Ally, Merrill Edge, TD Ameritrade, Wealthfront, Betterment, and SoFi? Ally, Merrill, TDA are all basic custodians, nothing special. Wealthfront and betterment make no sense because of the fees and the fact that their most useful feature (automated tax loss harvesting) is not relevant in ...
by mcraepat9
Mon Jan 21, 2019 2:36 am
Forum: Personal Investments
Topic: Looking to roll over my old 401k. Which IRA should I choose?
Replies: 14
Views: 810

Re: Looking to roll over my old 401k. Which IRA should I choose?

INTRESIS wrote:
Sun Jan 20, 2019 4:55 pm
My new 401k is in Fidelity, so I would like to try something different for my IRA.
I would roll your old 401k into your new 401k assuming the fund options are halfway decent. I don’t think there’s a lot to be gained by “try[ing] something different” in terms of custodian.
by mcraepat9
Sat Jan 19, 2019 10:01 pm
Forum: Personal Investments
Topic: Good plan for a young man?
Replies: 18
Views: 1397

Re: Good plan for a young man?

Hi all, Is investing 100% in an FDKLX fidelity freedom-index fund 2060 (0.14% exp ratio) This would be my Roth IRA Good for a young investor (25 years old). Contributing $116 a week and buying. My 401k is 85% S&p and 15 % small caps Thank you all!! Great option, but why is your 401k not invested in...
by mcraepat9
Sat Jan 19, 2019 9:55 pm
Forum: Personal Investments
Topic: Looking to roll over my old 401k. Which IRA should I choose?
Replies: 14
Views: 810

Re: Looking to roll over my old 401k. Which IRA should I choose?

I recently switched jobs and have like $45k in my old 401k. I'm looking to open an IRA soon so that I can put in a maximum contribution for the 2018 tax year before tax day. I also plan on rolling over all of the moving in my old 401k into this IRA. I'm 31 years old. I've been watching my old 401k ...
by mcraepat9
Fri Jan 18, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: HSA [How do I organize expenses for future reimbursement?]
Replies: 35
Views: 2301

Re: HSA [How do I organize expenses for future reimbursement?]

I do the same as above posters (spreadsheet record keeping, scan payment receipt, keep local & cloud backup copy) but I wonder what good it will do. I don't mean to change the direction of this discussion, but I've been wondering if it is worth going to this trouble of retaining receipts. I have a ...
by mcraepat9
Fri Jan 18, 2019 12:14 pm
Forum: Personal Investments
Topic: 2019 Backdoor Roth limit when turning 50
Replies: 5
Views: 375

Re: 2019 Backdoor Roth limit when turning 50

If you turn 50 on January 1, can you contribute the catch up amount in the calendar year before your birthday as common law and social security consider one to be that age on the day before the birthday? They count the day of one's birth and the current day even if they are partial days so if one i...
by mcraepat9
Fri Jan 18, 2019 10:16 am
Forum: Personal Investments
Topic: 2019 Backdoor Roth limit when turning 50
Replies: 5
Views: 375

Re: 2019 Backdoor Roth limit when turning 50

I am about to do my backdoor Roth contributions for 2019 and want to make sure I've got the limits correct. I am 49, turning 50 in December. I understand the 2019 IRA limit to be $6k, or $7k if over age 50. The wiki states it this way: the maximum IRA contribution in 2019 is $6,000 per person (or $...
by mcraepat9
Fri Jan 18, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: HSA [How do I organize expenses for future reimbursement?]
Replies: 35
Views: 2301

Re: HSA [How do I organize expenses for future reimbursement?]

Also curious about this. Do you keep an image of the credit card receipt from the provider or the EOB from the insurance company or both? Thanks. I scan the bill + evidence of payment. In 30 years when you go to retrieve, you'll need to be able to substantiate (if asked by IRS) that this is a permi...
by mcraepat9
Fri Jan 18, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: HSA [How do I organize expenses for future reimbursement?]
Replies: 35
Views: 2301

Re: HSA [How do I organize expenses for future reimbursement?]

Twood wrote:
Fri Jan 18, 2019 1:44 am
Something someone else pointed out on a similar thread a while ago that I appreciated - those thermo-printed receipts don't stay legible long, be on top of making your e-copies of them.
+1
No doubt

If you are planning on retaining paper for 30+ years, i would rethink that.
by mcraepat9
Fri Jan 18, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: Is the security check website "Have I Been Pwned?" legit?
Replies: 28
Views: 4925

Re: Is the security check website "Have I Been Pwned?" legit?

Troy Hunt is one of the good guys. Follow him religiously - I used his website to develop my own personal security protocols. Legit site.
by mcraepat9
Fri Jan 18, 2019 12:16 am
Forum: Personal Finance (Not Investing)
Topic: HSA [How do I organize expenses for future reimbursement?]
Replies: 35
Views: 2301

Re: HSA [How do I organize expenses for future reimbursement?]

I basically do what the last 2 posters do.

Scan PDFs, one local one cloud.
Organize expenses by year, with a running spreadsheet.

In reality when I go to withdraw I’m likely going to be taking a year of expenses out at a time.
by mcraepat9
Fri Jan 18, 2019 12:10 am
Forum: Personal Investments
Topic: No 401K match new employer
Replies: 29
Views: 2555

Re: No 401K match new employer

The other things to keep in mind Re 401k is that the tax deferred space is use or lose, and it is unlikely you will be stuck in these high ER funds for your entire working life. See if you qualify for tax deductible traditional IRA. If not, use a Roth IRA (backdoor if you have to). What is your appr...
by mcraepat9
Fri Jan 18, 2019 12:04 am
Forum: Personal Investments
Topic: Retirement Account Over Diversification?
Replies: 10
Views: 1255

Re: Retirement Account Over Diversification?

So I have adjusted my holdings, but think there are opportunities to simplify, but I am limited by available funds, as there are no total market options, and instead lots of individual ones. Following are the available domestic stock funds: FID CONTRA POOL CL 3- Large Cap Growth FID GR CO POOL CL 3...
by mcraepat9
Thu Jan 17, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7352

Re: Should I buy a house in the Bay area or give up?

Why do you want to buy a house? I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever You sound like a time traveler from 2006. Don't get caught up in the rush. +1000...
by mcraepat9
Thu Jan 17, 2019 5:21 pm
Forum: Personal Investments
Topic: Very short term cash - where to put it
Replies: 13
Views: 1697

Re: Very short term cash - where to put it

No better options that are worth the trouble for only 3 months. Maybe there are better options but seems like the effort is disproportionate to the return.
by mcraepat9
Thu Jan 17, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7352

Re: Should I buy a house in the Bay area or give up?

Why do you want to buy a house? I'm scared that house prices in the Bay area will keep rising and be out of my reach forever. So my thought is lock in a house now or in the near future to avoid being priced out forever You sound like a time traveler from 2006. Don't get caught up in the rush. +1000...
by mcraepat9
Thu Jan 17, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Stock (VTWAX) and All-World ex-US Small Cap Admiral Shares (VFSAX) now available (February 7)
Replies: 170
Views: 17045

Re: Vanguard Total World Stock and All-World ex-US Small Cap Admiral Shares should launch February 5

Great news - though annoying to see the higher ER for the mutual fund version of VSS. I get the sense that Vanguard is abandoning the assumption that ETFs and Admiral Shares bear an equal proportion of the costs. I noticed in the latest annual report for Vanguard Emerging Markets that the prior yea...