Search found 129 matches

by boglechu
Sun Nov 18, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: anyone buying individual stocks or sector ETF's?
Replies: 10
Views: 810

anyone buying individual stocks or sector ETF's?

37 yo. Married. income 500k/year. In my taxable (since 2018) [241k] vtsax: 95k (@ 66.56) vti: 83k (@ 137.12) apple: 46k (@ 201.50) nvda: 16k ($63.72) amazon: 16k ($1618.69) roth IRA (since 2017) [10.9k] qqq: 10.9k 401k (since 2016 + rollover) [106k] schwab s&p: $83.3k (future each payroll is 70%) df...
by boglechu
Mon Oct 29, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: California municipal money market vs vanguard prime money market
Replies: 19
Views: 2429

California municipal money market vs vanguard prime money market

I make about $500k a year before taxes in california. I have $100k I want to keep in money market. Municipal about 1.3-1.4% while prime money maker about 2.2%z

Any ideas of what’s better in my situation?

Thanks
by boglechu
Mon Mar 19, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: when is schb and vti ex dividend dates?
Replies: 3
Views: 377

Re: when is schb and vti ex dividend dates?

SCHB 0.2670 dividend.
Ex-Date: 3/16/18
Record date: 3/19/18
Payable date: 3/22/18


If I buy 100 shares of SCHB today on 3/19/18, when it pays on 3/22/19, is there a drop in price of the fund without me getting distribution?
by boglechu
Mon Mar 19, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: when is schb and vti ex dividend dates?
Replies: 3
Views: 377

when is schb and vti ex dividend dates?

When is the date this month that schb and vti have their distribution and the stock decreases a certain percentage after the distribution? I'm planning to buy some shares this week. Would rather do it after the distribution date.
by boglechu
Tue Mar 13, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Please post your completed 8606 for backdoor roth for 2017
Replies: 10
Views: 1667

Re: Please post your completed 8606 for backdoor roth for 2017

My Accountant Generated 8606 has the following : LIne 1: 5500 Line 2: 0 Line 3: 5500 Line 5: 5500 Line 13: 5500 * Line 14: 0 Line 15a: 0 * Line 15c: 0 Line 16: 5503 [Corresponds to Box 1 value from 2017 1099-G for Backdoor roth conversion] Line 17: 5500 [Corresponds to Amount Deducted to Traditional...
by boglechu
Mon Mar 12, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Deduct cost of health insurance (s-Corp) for officer if wife gets group insurance through employer?
Replies: 5
Views: 427

Deduct cost of health insurance (s-Corp) for officer if wife gets group insurance through employer?

I have an a-Corp. I spent about $5k last year and deducted it from my tax.

Wife works for large company that offers group insurance. They charge her $1500/yr but if I am added on, cost to add me is additional $6000.

Does it mean that I can’t deduct my health insurance?
by boglechu
Sun Mar 11, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Please post your completed 8606 for backdoor roth for 2017
Replies: 10
Views: 1667

Please post your completed 8606 for backdoor roth for 2017

Here's my completed form: https://photos.app.goo.gl/o8aZnJbZSYn8mA0u1

I'd like to see what others did for comparison.

Thanks.
by boglechu
Sun Mar 11, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Schedule A Line 5: How is the calculations made?
Replies: 2
Views: 311

Schedule A Line 5: How is the calculations made?

I'm looking through my prelim tax for 2017.

For calculation of Schedule A Line 5, is this correct?:

Sum of:
-2017 Wife W2 State tax
-2017 Husband W2 State tax
-2017 Husband Estimated State Tax Payments (if applicable)
-2016 Husband Additional State Tax Payments made in 2017 (if applicable)
by boglechu
Sat Mar 10, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Filling out form 8606 for 2017 tax return
Replies: 14
Views: 1497

Re: Filling out form 8606 for 2017 tax return

This is my first year doing backdoor roth. I Made traditional IRA contribution 12/2017 for $5500, then did roth conversion a few days later. I left it in the settlement fund. It earned like $3 interest. when I converted to roth, i converted $5502.94. I got a 2017 1099-R form for vanguard “Distributi...
by boglechu
Sat Mar 10, 2018 2:34 am
Forum: Investing - Help with Personal Investments
Topic: Filling out form 8606 for 2017 tax return
Replies: 14
Views: 1497

Re: Filling out form 8606 for 2017 tax return

This is my first year doing backdoor roth. I Made traditional IRA contribution 12/2017 for $5500, then did roth conversion a few days later. I left it in the settlement fund. It earned like $3 interest. when I converted to roth, i converted $5502.94. I got a 2017 1099-R form for vanguard “Distributi...
by boglechu
Fri Mar 09, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Filling out form 8606 for 2017 tax return
Replies: 14
Views: 1497

Re: Filling out form 8606 for 2017 tax return

I did Roth conversion in 2017
by boglechu
Fri Mar 09, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Filling out form 8606 for 2017 tax return
Replies: 14
Views: 1497

Filling out form 8606 for 2017 tax return

Can someone post sample for Backdoor Roth IRA?

Line 1: 5500
Line 2: 0
Like 3: 5500

My tax preparer left line
16
17
18
Blank.

Is this correct?
by boglechu
Sat Feb 24, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: parking money in vanguard federal money market in settlement account vs prime money market rather than CD/checking/savin
Replies: 9
Views: 3874

Re: parking money in vanguard federal money market in settlement account vs prime money market rather than CD/checking/s

For example, if I park $10,000 in settle fund for 10 days and sold it to buy stocks, do I get interest on those 10 days at the end of the money or I get nothing?
by boglechu
Sat Feb 24, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: parking money in vanguard federal money market in settlement account vs prime money market rather than CD/checking/savin
Replies: 9
Views: 3874

parking money in vanguard federal money market in settlement account vs prime money market rather than CD/checking/savin

Vanguard Prime Money Market Fund (VMMXX investor) SEC yield 1.50% - 0.16 ER = 1.34% net. Vanguard Federal Money Market Fund (VMFXX investor) SEC yield 1.34% - 0.11 ER = 1.23% net (settlement fund) Seems like both the prime money market and federal money market have a small interest rate that is bett...
by boglechu
Thu Jan 11, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - cannot convert to roth
Replies: 15
Views: 1877

Re: Vanguard - cannot convert to roth

Same thing happened to me. Open a Roth with no money. Then convert.
by boglechu
Thu Jan 11, 2018 2:40 am
Forum: Investing - Help with Personal Investments
Topic: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out
Replies: 14
Views: 2674

Re: VT Total World Stock ETF and the Foreign Tax Credit Pinch Out

How significant is foreign tax credit if I invested $20,000 in vxus?
by boglechu
Tue Jan 09, 2018 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Help with unique situation [stayed out of market since 2008]
Replies: 34
Views: 4331

Re: Help with unique situation [stayed out of market since 2008]

I’m 36. Just started investing last year. 11k Roth: 70% vti 20% vxus 10% bnd 83k 401k Current: 85% s&p 9% Small cap 6% Small cap Bimonthly deposits into 401k (starting 2018) 52% swppx (s&p 500) 5% dfa Small cap 3% vanguard mid cap 22% dfa international core 8% dfa emerging markets 10% metropolitan w...
by boglechu
Sun Jan 07, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help with unique situation [stayed out of market since 2008]
Replies: 34
Views: 4331

Re: Help with unique situation

I had to look it up: Fidelity® Small Cap Index Premium FSSVX 0.05% 11k Fidelity® Mid Cap Index Premium FSCKX .05% 11.3k Fidelity Advisor Freedom® 2040 I 0.75% 12k Fidelity® 500 Index Premium FUSVX 0.04% 41k Fidelity® Extended Market Index Premium FSEVX 0.07% 12k Fidelity® Contrafund® FCNTX 0.68% 15k...
by boglechu
Sat Jan 06, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: adding vwo to vxus? how much emerging market tilt?
Replies: 6
Views: 1117

adding vwo to vxus? how much emerging market tilt?

Anyone add vwo to vxus portfolio? Wondering if it is necessary. VWO doing pretty well this year.
by boglechu
Sat Jan 06, 2018 1:25 am
Forum: Investing - Help with Personal Investments
Topic: international allocation: DFA emerging markets and international core
Replies: 1
Views: 312

international allocation: DFA emerging markets and international core

I currently have about $80k in my 401k. $7k dfstx, $69k swppx, $5k vimax. Starting, next payroll, I want my future contributions to be 40% international and 60% us equities. It's a way of DCA until I reach 20-30% international in my portfolio. In my 401k, I have DFA emerging markets core equity and ...
by boglechu
Tue Jan 02, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Re: Co-owners with different compensation - i401k vs SEP IRA

Please post your w2 salaries and how much u each want to put away. If his w2 salary is exactly twice as yours and you set it like that, then he should only contribute for 6 months while u for 12 months. A: 100k w2 B: 50k w2 Goal: 18k Employer match: safe harbor 6% B can get to 18k but putting away 3...
by boglechu
Mon Jan 01, 2018 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: 401k vs SEP/SIMPLE IRA
Replies: 4
Views: 379

Re: 401k vs SEP/SIMPLE IRA

With SEP IRA, you can contribute 54k into the plan max. However, after 3 years, you have to put in an equal percentage to your employees. My friend took that approach and is putting away $54k x3 years. Then he is closing it and starting 401k. When you close it, you'll have $162k in ira. It will limi...
by boglechu
Sun Dec 31, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: help me calculate rate of return
Replies: 3
Views: 533

help me calculate rate of return

My online 401k portal says "Your personal rate of return for All Funds from 01/01/2017 to 11/30/2017 is 17.20%. " However, I can't get this number. Beginning balance on 1/1/17 was $18999.90. I put $17980 contribution for 2017 and received $5140 match. $18999.90 + $17980 + 5140 = $42119.90 Gains + di...
by boglechu
Sun Dec 31, 2017 8:46 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2001
Views: 372503

Re: What are you up YTD? [Year To Date]

great numbers!
by boglechu
Sun Dec 31, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: help me replicate total stock market with s&p/mid/small cap in 401k
Replies: 3
Views: 328

help me replicate total stock market with s&p/mid/small cap in 401k

Hi, I've decided I want to have 80% of my investment portfolio in total stock market, 10% in international, and 10% in emerging markets. I'm 36. Don't want to have any bond exposure yet. I don't have access to morningstar's xray so don't know how to approximate total stock market with my options bel...
by boglechu
Sun Dec 31, 2017 1:35 am
Forum: Investing - Help with Personal Investments
Topic: Would you include small cap and international in 401k in ER 0.30-0.78?
Replies: 17
Views: 1519

Re: Would you include small cap and international in 401k in ER 0.30-0.78?

any thoughts on the janus triton? seems to perform better than dfa small cap but more expensive. JANUS HENDERSON TRITON I JSMGX 0.78 I was thinking: 8% vanguard mid cap 8% janus triton or dfa small cap 10% dfa international 10% dfa emerging markets 64% schwab s&p 500 Let's put it this way. Boglehea...
by boglechu
Sat Dec 30, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Would you include small cap and international in 401k in ER 0.30-0.78?
Replies: 17
Views: 1519

Re: Would you include small cap and international in 401k in ER 0.30-0.78?

any thoughts on the janus triton? seems to perform better than dfa small cap but more expensive.

JANUS HENDERSON TRITON I JSMGX 0.78

I was thinking:

8% vanguard mid cap
8% janus triton or dfa small cap
10% dfa international
10% dfa emerging markets
64% schwab s&p 500
by boglechu
Sat Dec 30, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Would you include small cap and international in 401k in ER 0.30-0.78?
Replies: 17
Views: 1519

Would you include small cap and international in 401k in ER 0.30-0.78?

Currently, I have put 90% of 401k into schwab s&p 500 (ER 0.03) and schwab mid cap (0.06). However, missing out on small cap and international. My current portfolio balance about $50k (will be 80k after rollover). Each year, the portfolio will increase about $29k between employer/employee contributi...
by boglechu
Fri Dec 29, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: 401K - high fees / expenses
Replies: 10
Views: 972

Re: 401K - high fees / expenses

If u do 401k, expense is 2% but match is 3% so net 1%. If u don’t participate, u don’t get any.

Still do 401k.
by boglechu
Fri Dec 29, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: 3(38) or 3(21) fiduciary requirements for small biz 401k
Replies: 2
Views: 326

3(38) or 3(21) fiduciary requirements for small biz 401k

I have a small business of 5 employees. I started a 401k with paychex and use there non brokered guided fund select in which the best funds are the Schwab S&P 500 and Vanguard Mid Cap Index. It is structured as a 3(38) fidiuciary. Cost is 46 bp. I also have option to use a open fund option administe...
by boglechu
Wed Dec 27, 2017 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Scwhab SCHE/SCHF vs Vanguard VEA/VWO for international exposure
Replies: 3
Views: 1012

Scwhab SCHE/SCHF vs Vanguard VEA/VWO for international exposure

Any thoughts on choose schwab vs vangauard for international exposure? With my 401k plan, internation funds are quite expensive (> 0.2 ER), andI'm stiking to mid cap and s&p. I also have $5500/year in roth ira with vanguard, which I can theoretically contribute towards international but I've current...
by boglechu
Tue Dec 26, 2017 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in s&p + mid cap in 401k; and small cap in Roth IRA?
Replies: 4
Views: 683

Re: Investing in s&p + mid cap in 401k; and small cap in Roth IRA?

I’m 36. Planning to just invest in equities and save the rest as cash.

Cash: 90k
Stocks: 80k 401k, 5.5 k Roth, 25 k taxable.

401k: 90% s&p and 10% mid cap
Roth IRA: 5.5k in small cap
Schwab taxable: 20k schb (broad market) and 5 schg (large growth)
by boglechu
Tue Dec 26, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in s&p + mid cap in 401k; and small cap in Roth IRA?
Replies: 4
Views: 683

Investing in s&p + mid cap in 401k; and small cap in Roth IRA?

The best funds (lowest expense ratios) in my 401k are schwab s&p 500 and vanguard mid cap index. I have about $50k in my 401k and will be rolling an additional $30k for total of $80k starting in 1/2018. I just did Backdoor Roth IRA for $5500 with vanguard for 2017. I will be able to set aside a tota...
by boglechu
Thu Dec 21, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: are dividends from stocks taxable for someone without a job? (gift to children)
Replies: 2
Views: 351

are dividends from stocks taxable for someone without a job? (gift to children)

Back in ~ 2000, I got a scholarship in high school from a the electric company in california (EIX) that consisted of $1000 cash and 30 or 40 shares of stock. The shares came in form of a piece of paper with fancy logos. It was worth about $1000 at the time. While I was in college, I was short on cas...
by boglechu
Thu Dec 21, 2017 2:04 am
Forum: Investing - Theory, News & General
Topic: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending
Replies: 14
Views: 1126

Re: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending

once i convert the $1 to roth, can I merge the two VG roth acounts togther without triggering taxable event?

Similarly, Can I transfer the $1 from the original rollover IRA to the new tIRA which has $5500 in it?
by boglechu
Wed Dec 20, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending
Replies: 14
Views: 1126

Re: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending

dkturner wrote:
Wed Dec 20, 2017 11:54 am
Why don't you just ignore the orphan $1? Let the folks at Vanguard deal with it, since it's a much bigger problem for Vanguard than it is for you.
But doesn’t the rule say u can’t do Backdoor Roth is u have any dollar amount in a remaining IRA?
by boglechu
Wed Dec 20, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending
Replies: 14
Views: 1126

Re: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending

So if I convert to Roth, then I don’t have to worry about residual amount? Will make it more simple than mailing a check.
by boglechu
Wed Dec 20, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending
Replies: 14
Views: 1126

how do I get rid of residual $1 in VG ira after rollover to employer 401k? backdoor roth pending

I have a vanguard rollover IRA made in 2016. It recently had $30k or so. I rolled it over to my current employer 401k and received a check two days ago made out to the new employer 401k. However, there was a residual $1.00 in the old vanguard account. I called them and they said it would sweep out b...
by boglechu
Tue Dec 19, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 6758

Re: Who missed out on maximizing 401k?

The way to avoid this going forward is to use a percentage that may amount to be slightly above $18K. The employer system will automatically cut off at the maximum permitted by law. Thanks for that tip! I was trying to do the percentages right but couldn’t get to work. Need3; to pay myself $250 mor...
by boglechu
Tue Dec 19, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 6758

Who missed out on maximizing 401k?

I miscalculated and only contributed $17980. $20 short. :beer
by boglechu
Mon Dec 18, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA and prev emp 401k to current 401k?
Replies: 10
Views: 874

Re: Rollover IRA and prev emp 401k to current 401k?

I'd roll it over if you want to do backdoor roth ira $5500/yaer.
by boglechu
Mon Dec 18, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: if i do roth 401k, are employer matches also post-taxed?
Replies: 2
Views: 351

if i do roth 401k, are employer matches also post-taxed?

I have option to do roth 401k now. I have about 70k pretax in it. Suppose I make $120,000/yr W2. Employer match is 4%. If I do regular 401k, I can put away $18,000 pretax and employer adds $4,800. If I choose to do roth 401k, does may annual contribution still remain at $18000 + $4800 but I would ju...
by boglechu
Fri Dec 15, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard not letting me convert $5500 tira to backdoor roth?
Replies: 9
Views: 1885

Vanguard not letting me convert $5500 tira to backdoor roth?

I created new tira on 12/13/17 with $5500 from my checks. As of today, $5500 deducted from checking. Vanguard Federal Money Market Fund (Settlement fund) $0.00 Total credits and debits $5,500.00 Funds available to trade $5,500.00 Funds available to withdraw $0.00 This account has unavailable shares....
by boglechu
Thu Dec 14, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: what to do with residual $1.00 dividend in my rollover IRA after i transferred to 401k?
Replies: 6
Views: 734

what to do with residual $1.00 dividend in my rollover IRA after i transferred to 401k?

Hi, I submitted paperwork to roll over about 30k from vanguard rollover IRA to my current 401k. Sold shares vtsax on tuesday. Got confirmation Wed. VG received my paperwork Wed morning. Seems like they issued check for $30k. Today, I log in and I see $1 dividend that was just credited. What do I do ...
by boglechu
Wed Dec 13, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: can you deduct a leased car as biz expense if you have only 1 car?
Replies: 4
Views: 696

can you deduct a leased car as biz expense if you have only 1 car?

I am a small business owner with s-corp. I currently drive a 4 year old car that is paid off. I want to lease a car under my coporation and make payments with corporate account. I would claim it's for 70% of business use. Do I need to have a second car to do it or can you have only the leased car fo...
by boglechu
Wed Dec 13, 2017 1:50 am
Forum: Investing - Help with Personal Investments
Topic: I I have rollover IRA, do I need to make new traditional IRA for backdoor roth?
Replies: 7
Views: 722

I I have rollover IRA, do I need to make new traditional IRA for backdoor roth?

I have a Vanguard Rollover IRA with 30k in it (it was started in 2016 from a rollover of a 457b). I am in process of rolling it over to current 401k so that I can do the backdoor IRA. Once rollover complete , the original VG rollover IRA with 30k will be $0. Should I create a new traditional IRA on ...