Search found 1466 matches

by mega317
Sun Jan 21, 2018 1:20 am
Forum: Investing - Help with Personal Investments
Topic: Pull back on retirement saving to increase savings for kids' college?
Replies: 29
Views: 1984

Re: Pull back on retirement saving to increase savings for kids' college?

My own plan for now is opposite. I'm saving everything I can in retirement accounts and taxable. I won't think about college until retirement is secured. Maybe that means cash flow college, or even taking out loans while I save in retirement accounts, paying off the loans when retirement "number" is...
by mega317
Sun Jan 21, 2018 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Individual Corporate Bonds
Replies: 3
Views: 296

Re: Investing in Individual Corporate Bonds

Maybe you need to back up. What are your goals for this money? Is it for retirement? Expenses you know are coming in the short- or intermediate-term? How much risk do you want to take? If the answer is "low-risk consistent 4-5% returns" well I think a lot of us would happily accept that if it could ...
by mega317
Sun Jan 21, 2018 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Buying Used Car: Use Mutual Fund, Savings or Loan?
Replies: 6
Views: 435

Re: Buying Used Car: Use Mutual Fund, Savings or Loan?

Also, please don't tell me admiral vs investor class shares are factoring in to this decision. The difference is 10 bucks or less per year.
by mega317
Sun Jan 21, 2018 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Buying Used Car: Use Mutual Fund, Savings or Loan?
Replies: 6
Views: 435

Re: Buying Used Car: Use Mutual Fund, Savings or Loan?

If you could swing the payments on a 12 month loan why don't you just delay the purchase for a year? If you really can't wait you can get cheaper loans. Get a 0% promo credit card, put all of your spending on that, and put all of your cash flow back in to VTSAX to build the position back up quickly.
by mega317
Fri Jan 19, 2018 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Buying a CD at Vanguard
Replies: 5
Views: 1046

Re: Buying a CD at Vanguard

You could call Vanguard, or you could just see what happens since you already placed the order.
by mega317
Fri Jan 19, 2018 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Best short term investment
Replies: 5
Views: 736

Re: Best short term investment

How much of that 90k do you want to be sure is available in 9 months? The bottom line is there is no way to get creative here. A savings account could get you ~1.3%. A short-term bond fund might get closer to 2% but you could lose just as much in the meantime. And we're talking about swings of a few...
by mega317
Fri Jan 19, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Job offer - no 401k offered
Replies: 25
Views: 2810

Re: Job offer - no 401k offered

How about a high deductible heath plan with a health savings account?
by mega317
Fri Jan 19, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 32
Views: 1997

Re: High Dividend Stocks as bond substitute?

Grt2bOutdoors: I'm not arguing against holding a diversified basket of dividend paying equities. I'm arguing against
triyoda wrote:
Fri Jan 19, 2018 12:07 am
only 10-15% in bonds and substitute some selected high dividend stocks
by mega317
Fri Jan 19, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: $5000 to invest in brokerage account - what to invest?
Replies: 17
Views: 688

Re: $5000 to invest in brokerage account - what to invest?

If you can graduate medical school even with the lowest possible passing grade, you can learn everything you need to invest reasonably and beat most people's returns in a few hours.
by mega317
Fri Jan 19, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: High Dividend Stocks as bond substitute?
Replies: 32
Views: 1997

Re: High Dividend Stocks as bond substitute?

From what I read and think I understand, we are at or near the end of a prolongued (35 year) bond bull market. Search for nisiprius's recent posts about the bond bubble and impending "collapse" or "massacre". I am very committed to dividend stocks and have invested in a lot of drips. I am trying to...
by mega317
Fri Jan 19, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Freedom 2020 vs Vanguard Index Funds?
Replies: 16
Views: 1108

Re: Fidelity Freedom 2020 vs Vanguard Index Funds?

Can anyone please comment on the Fidelity target ["freedom"] index funds vs. the Vanguard equivalents? Do they both have pluses and minuses such that it pays to own both? A glance seems to show that Fidelity has more international stocks and bonds. Thank you. I don't know the numbers offhand but ye...
by mega317
Fri Jan 19, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check on Asset Allocation
Replies: 8
Views: 929

Re: Sanity Check on Asset Allocation

I don't think moving your cash into stocks and then immediately directing all contributions to cash is going to accomplish much compared to just maintaining your allocation, which would be definition require buying stocks when prices drop.
by mega317
Fri Jan 19, 2018 12:33 am
Forum: Investing - Help with Personal Investments
Topic: VCADX vs VBTLX
Replies: 4
Views: 458

Re: VCADX vs VBTLX

What is the differece in risk profile? This part of your question hasn't been addressed yet. I'm no expert but I find them to be similar. Total bond has a slightly longer duration, and a large helping of government bonds so less credit risk, though I think not by that much. About half of my bonds a...
by mega317
Thu Jan 18, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 80
Views: 6194

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

we were dining and the power went out My experience with this was I was at a restaurant at the start of that big blackout in 2003. We left cash (half assuming that the waitress, who we knew, would pocket it) but most in the restaurant got a free lunch. But there's still no such thing as a free lunc...
by mega317
Thu Jan 18, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA asset allocation
Replies: 6
Views: 395

Re: Roth IRA asset allocation

In that case, a common recommendation to have all stocks in the Roth (largest expected growth in tax-free) and hold your bonds in the 401k (slower growth limits RMDs). There are also some common factors which could make that bad advice in your case. One would be if there aren't good bond options in ...
by mega317
Thu Jan 18, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Any PPT (Powerpoint) material on Backdoor Roth IRA to share?
Replies: 3
Views: 240

Re: Any PPT (Powerpoint) material on Backdoor Roth IRA to share?

Maybe if you create one and post it here you'll get valuable feedback. If you give presentations it's worth practicing creating them.
by mega317
Thu Jan 18, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA asset allocation
Replies: 6
Views: 395

Re: Roth IRA asset allocation

The usual recommendation is to consider your whole portfolio as one. Do you have any other accounts?
by mega317
Thu Jan 18, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Which funds to put in taxable vs. Roth if I plan on making withdrawals
Replies: 6
Views: 572

Re: Which funds to put in taxable vs. Roth if I plan on making withdrawals

I think I would hold stocks in Roth, bonds or CDs or similar in taxable, and count it in your asset allocation. When it's time to spend the money, use taxable investments which will have little or no capital gains, and exchange some stocks for bonds in the Roth to maintain the same overall allocatio...
by mega317
Thu Jan 18, 2018 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Which funds to put in taxable vs. Roth if I plan on making withdrawals
Replies: 6
Views: 572

Re: Which funds to put in taxable vs. Roth if I plan on making withdrawals

Why do you want to withdraw from the Roth when you'll have taxable investments/savings available?
by mega317
Thu Jan 18, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Sanity Check on Asset Allocation
Replies: 8
Views: 929

Re: Sanity Check on Asset Allocation

60guy wrote:
Wed Jan 17, 2018 5:23 pm
Purpose of the cash is just for additional equity purchases if/when the market drops. I'm not a market timer
Har har.

How will you decide what constitutes a drop? When you have decided we are in a drop, do you plan to change your allocation from 90/10?
by mega317
Wed Jan 17, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund allocation assistance
Replies: 11
Views: 842

Re: 3 Fund allocation assistance

I would put her entire 401k in the cheapest fund, all of your bonds in your 403b, and then distribute the rest of your stocks among the 403b and Roths.
by mega317
Wed Jan 17, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your 401k is from your contributions?
Replies: 6
Views: 597

Re: How much of your 401k is from your contributions?

Interesting question. I haven't been paying much attention to my investments until the last couple of years, and my records aren't great and there have been so many rollovers and differing salaries/contribution amounts that I couldn't begin to determine. Is there any benefit to knowing this other th...
by mega317
Wed Jan 17, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: 401k 3 fund options
Replies: 3
Views: 161

Re: 401k 3 fund options

You need 4-5 funds and need to keep them re-balanced. All to save .05-.07% I probably agree, but another option is using the S&P fund as your US holding and don't worry about smaller cap. The performance will be very similar. I don't want international bonds which is one reason I avoid the target d...
by mega317
Wed Jan 17, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: rebalancing in a taxable account
Replies: 9
Views: 1123

Re: rebalancing in a taxable account

Woof that's a lot of unearned income. I understand now.
by mega317
Wed Jan 17, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: AA mix vs paycheck mix percentages
Replies: 12
Views: 518

Re: AA mix vs paycheck mix percentages

I do as you're suggesting. My other investing (Roth IRA and taxable) comes in clumps. The Roth in January when I'm also rebalancing. The taxable is usually in amounts small enough compared to my total portfolio that it doesn't move the needle no matter what I buy.
by mega317
Wed Jan 17, 2018 12:44 am
Forum: Investing - Help with Personal Investments
Topic: rebalancing in a taxable account
Replies: 9
Views: 1123

Re: rebalancing in a taxable account

How is that possible?
by mega317
Wed Jan 17, 2018 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Book Suggestions
Replies: 14
Views: 956

Re: Book Suggestions

TheNightsToCome wrote:
Tue Jan 16, 2018 10:00 pm
To my surprise, it looks like most of them are reading it
For the ones that aren't reading it, are you going to let them know there's money inside?
by mega317
Wed Jan 17, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Sanity Check on Asset Allocation
Replies: 8
Views: 929

Re: Sanity Check on Asset Allocation

Ok well first of all, welcome to the forum. If you're maxing 2 Roths, plus 20k extra invested a year, plus a pension, you're in good shape in my opinion. Your portfolio is kind of a mish mash. I don't know what all of those tickers are but I don't recall seeing a 7 fund portfolio that made me recons...
by mega317
Tue Jan 16, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing - should I "restore" the AA in tax-advantaged?
Replies: 3
Views: 289

Re: Rebalancing - should I "restore" the AA in tax-advantaged?

It's hard for me to give you concrete examples without knowing the relative sizes of your accounts, but most young people and not wealthy people have much larger tax-advantaged accounts than taxable, and a higher stock allocation. So you'll always have both bonds and stocks in tax-advantaged. I thin...
by mega317
Tue Jan 16, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing - should I "restore" the AA in tax-advantaged?
Replies: 3
Views: 289

Re: Rebalancing - should I "restore" the AA in tax-advantaged?

Without knowing all the details, I don't think you should have any bonds in taxable. Cons: Having more bonds in tax-advantaged may limit my future ability to re-balance while only touching tax-advantaged. Can you explain this one? If tax-advantaged are 100% bonds then sure you can't add bonds there....
by mega317
Tue Jan 16, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: 529 AND UTMA
Replies: 29
Views: 1427

Re: 529 AND UTMA

I called Vanguard to gift shares like this. The rep seemed knowledgeable and helpful, took me through the process for a minute or two until he reported that it could not be done. "Why not?" Because I had recently tax gain harvested the account into a fund I don't know. I was trying to transfer less ...
by mega317
Tue Jan 16, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Equivalent of Vanguard Ltd Tx Ex
Replies: 4
Views: 248

Re: Fidelity Equivalent of Vanguard Ltd Tx Ex

Fidelity has a limited-term fund. FSTFX. Similar composition to Vanguard's, yield is 1.43% vs 1.8%, the difference being the expense ratio. Depending on your purpose and the amount of money involved, it might be worth opening an account at Vanguard. I chose Vanguard in part for the muni options.
by mega317
Sun Jan 14, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on where to invest 400K
Replies: 7
Views: 902

Re: Advice on where to invest 400K

Welcome to the forum hoping that there will be some buying opportunities when the market is lower, where I could put in more.. say 40K instead of 10K per month if the market drops. If you have the ability to identify what a drop is while it's happening, then why waste your time with the 10k purchase...
by mega317
Sun Jan 14, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: ‘Fun’ Money
Replies: 15
Views: 1008

Re: ‘Fun’ Money

That doesn't seem fun at all.
by mega317
Sun Jan 14, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to hold bonds in taxable if you must?
Replies: 19
Views: 1748

Re: How to hold bonds in taxable if you must?

Well as I posted earlier, I just found it puzzling that you have a fund of a specific size and a specific time horizon without a purpose. Then when you start worrying about a few percentage points of return on one month's salary, and call yourself not rich in the top tax bracket, I get a little conc...
by mega317
Sun Jan 14, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: "EBATES" - For real, or scam ?
Replies: 14
Views: 1386

Re: "EBATES" - For real, or scam ?

It's real. I have made peanuts. 2.5% at Jet.com has been the best for me. 1% at Target but many categories are excluded; just this week I earned 11 cents from a $90 Target purchase. If you're serious, you can look at cashbackmonitor.com to see how much of a discount you'll get from ebates and all of...
by mega317
Sun Jan 14, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to hold bonds in taxable if you must?
Replies: 19
Views: 1748

Re: How to hold bonds in taxable if you must?

zz4 wrote:
Thu Jan 11, 2018 8:52 am
Top bracket with the feds and NJ 8.97%
zz4 wrote:
Sun Jan 14, 2018 11:34 am
Definitely not rich
Maybe you have a bigger problem if you're worried about how to allocate less than 1/10th of your annual salary?
by mega317
Sun Jan 14, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?
Replies: 7
Views: 507

Re: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?

Fidelity.com and Vanguard.com are good places to start. Explore a little, you might learn even more than that.

I suppose you could mail a self-addressed stamped envelope asking for the prospectus. Is that what people did before the internet?
by mega317
Sun Jan 14, 2018 1:08 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 4539

Re: Merrill Edge best choice for higher net worth accounts?

If I had your assets I would probably use both. At least 100k at ME for the credit card benefits, some at Vanguard because I like and use their muni funds. With your assets, Merrill Edge will assign a "Premium Elite Relationship Manager" to you. I don't know what this is but it sounds bad (also redu...
by mega317
Sun Jan 14, 2018 12:42 am
Forum: Investing - Theory, News & General
Topic: What should I own on the bond side ???
Replies: 11
Views: 1616

Re: What should I own on the bond side ???

You need to revisit your premise. Interest rates are not 0, bond fund prices will not reliably and invariably decrease, and rising interest rates leads to greater yield from bond funds.
by mega317
Sun Jan 14, 2018 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation across time horizons and investment vehicles.
Replies: 3
Views: 429

Re: Asset allocation across time horizons and investment vehicles.

I see what you're trying to do, but I think you are creating false precision. For example, time horizon A might start in 25 years when you're 60, but some of that money better last another 20-30 years beyond that. If you look in the past (the future may be different) 80/20 and 60/40 are not the same...
by mega317
Sun Jan 14, 2018 12:14 am
Forum: Investing - Theory, News & General
Topic: for those without an emergency fund, what's your plan for an emergency?
Replies: 25
Views: 2886

Re: for those without an emergency fund, what's your plan for an emergency?

tbradnc wrote:
Mon Jan 08, 2018 9:55 pm
9 rewards checking accounts
9! How many monthly debit card transactions is that?
by mega317
Sat Jan 13, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Fund for Downpayment and Help Understanding Bond Risks
Replies: 9
Views: 1352

Re: Muni Fund for Downpayment and Help Understanding Bond Risks

I'll preface my response by saying none of this matters. But you're kind of putting yourself between a rock and a hard place. You want more yield than a savings account/CD, but you don't think you can tolerate the risk of an intermediate-term bond fund. That doesn't leave many options. Limited-term ...
by mega317
Sat Jan 13, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Spending Dividends vs reinvesting and selling stock
Replies: 7
Views: 1461

Re: Spending Dividends vs reinvesting and selling stock

HJG0989 wrote:
Sat Jan 13, 2018 3:19 pm
We now have more than a million in capital gains
Must be rough.

But it is a good post and a good point.
by mega317
Sat Jan 13, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 45
Views: 4766

Re: AA is much harder than I thought...

Everything I have learned tells me that I should be buying bonds right now -- the 'trendiness' of 100% stocks (and their meteoric rise), the bleak projections for bonds, etc.. Then you haven't learned anything valuable. You shouldn't base your allocation decisions on trendiness or projections. Why ...
by mega317
Sat Jan 13, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on investment strategy - first time poster
Replies: 5
Views: 341

Re: Advice on investment strategy - first time poster

Actually I think paying off the mortgage makes more sense for you than for many other posters who ask about it. 3.25% with 9 years left is a good deal. I wouldn't keep a separate emergency fund with 500k in taxable investments but it is reasonable. Worrying about how it's invested is not reasonable....
by mega317
Sat Jan 13, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Invest Emergency Fund
Replies: 11
Views: 686

Re: Where to Invest Emergency Fund

Well your numbers don't add up. 10k is 2 months expenses, but also 12k is 6 months? But you might be approaching the situation where you don't need an emergency fund. It would be reasonable to hold all stocks in taxable. If stocks drop by half you still have enough for 6 months (based on 12k). If th...
by mega317
Sat Jan 13, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?
Replies: 7
Views: 507

Re: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?

I think it's a decent plan, I'm doing similar. But you can get very similar yield for less risk.
by mega317
Sat Jan 13, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?
Replies: 7
Views: 507

Re: FHIGX (Fidelity Municipal Income) as a "second tier" saving s/emergency fund?

First of all, we should be clear that these are intermediate-term bond funds which can certainly lose money. They are not like savings accounts or money market funds. FHIGX lost 10% at one point. In my opinion it would be reasonable to use them as a place to hold some level of emergency money as lon...
by mega317
Sat Jan 13, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: New Tax Plan - How to make the most of it?
Replies: 43
Views: 4612

Re: New Tax Plan - How to make the most of it?

Dottie57 wrote:
Fri Jan 12, 2018 5:06 pm
Taxcaster says your federal tax on 87k minus std deduction and 1exemption is 14940.
If OP used the correct terminology it would be W2 income minus standard deduction and 1 exemption = 87k (taxable income)