Search found 1448 matches

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: 4
Views: 337

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: 5
Views: 504

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: 6
Views: 375

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: 538

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: 138

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: 8
Views: 917

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: 7
Views: 321

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: 8
Views: 917

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: 848

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: 5
Views: 504

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: 269

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: 269

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: 1336

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: 225

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: 887

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: 971

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: 1719

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: 1353

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: 1719

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: 491

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: 4366

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: 1582

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: 410

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: 2865

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: 1340

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: 1451

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: 27
Views: 3129

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: 324

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: 654

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: 491

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: 491

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: 4502

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)
by mega317
Fri Jan 12, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Plan - How to make the most of it?
Replies: 43
Views: 4502

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

Taxcaster says your federal tax on 87k minus std deduction and 1exemption is 14940. Inexpect your tax on same amount in 2018 will be a bit less. Taxable income is after deductions and exemptions. But I calculate 17k. And max 403b, 457, HSA is closer to 40k. I suspect OP has both numbers and concept...
by mega317
Fri Jan 12, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal vs Yield as Income
Replies: 41
Views: 2104

Re: 4% Withdrawal vs Yield as Income

RAchip wrote:
Fri Jan 12, 2018 3:20 pm
Deciding exactly when and what to sell many times per year involves a lot of work.
How much work did it take to accumulate a large enough portfolio for dividends to cover your spending?
by mega317
Fri Jan 12, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help With First Time Rebalance
Replies: 2
Views: 214

Re: Help With First Time Rebalance

I would put all of your bonds in a 401k in VBTIX, and distribute your US and international stocks among the other accounts in any old way. I haven't read any of the prospectuses except for the funds you have in your Roth, but I don't see a reason to use anything with ER > 0.08%. The new plan is a go...
by mega317
Fri Jan 12, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 7903

Re: How much/little money to give kids in will so they continue to work

So if you had two children who got the same grades at the same college and went into the same profession, one took a job in North Dakota and bought a house, s/he gets more than another who goes to San Francisco and can't afford to buy? What if they buy something 3 times as expensive, do they get more?
by mega317
Thu Jan 11, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?
Replies: 21
Views: 1233

Re: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?

Maybe we can do this step-wise. Pretend you hold $100 each in VBTLX and VWITX. At the yields you posted, how much money will you get from each before taxes? This isn't quite the correct question, because there are differences in risk. At the current yield, in a 22% tax bracket, the after-tax yields...
by mega317
Thu Jan 11, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Getting your spouse on the same page
Replies: 52
Views: 4677

Re: Getting your spouse on the same page

These threads always end up the same, so yeah just go read the others.
Beachdrinks wrote:
Thu Jan 11, 2018 5:27 pm
getting their spouse to follow a plan
My experience is that you generally can't "get" anyone to do anything they don't want to do. Except begrudgingly and only if you have serious power over them, like you can fire them.
by mega317
Thu Jan 11, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Basic (Dumb) Vanguard Question
Replies: 17
Views: 1238

Re: Basic (Dumb) Vanguard Question

Someone who has a Roth IRA account at Vanguard could probably write a step-by-step. Good point. When you log in, you should see a summary screen with a red banner of choices to click. Hover the mouse over "My Accounts" which will display more options. Click the lower left option "Buy and Sell". Cli...
by mega317
Thu Jan 11, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Basic (Dumb) Vanguard Question
Replies: 17
Views: 1238

Re: Basic (Dumb) Vanguard Question

its odd because that person has no idea what they are doing. Or they know exactly what they are doing which is creating unnecessary complexity to justify their existence. I may be off base but it's possible that this friend of a friend has larger motives in giving you something for free. OP: I sugg...
by mega317
Thu Jan 11, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: When to add Bonds
Replies: 10
Views: 1175

Re: When to add Bonds

the only people that lost money were the ones that sold. This point is debated on the forum sometimes. To me it's not true. Other than tax considerations and maybe liquidity issues, you can exchange "money" for stocks and back any time. If your stocks decline in value, you have less money than you ...
by mega317
Thu Jan 11, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2376
Views: 439701

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those? Well, that is paying quite some time in advance -- what if you want to change providers? My plan is to use Chase Freedom for gas until March, then see where I'm at and do at le...
by mega317
Thu Jan 11, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?
Replies: 21
Views: 1233

Re: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?

Maybe we can do this step-wise.
Pretend you hold $100 each in VBTLX and VWITX. At the yields you posted, how much money will you get from each before taxes?
by mega317
Thu Jan 11, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2376
Views: 439701

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom includes internet/cable/phone services this quarter. Is there any reason not to prepay $1500 today on those?
by mega317
Thu Jan 11, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: How often should my AA adjust?
Replies: 17
Views: 963

Re: How often should my AA adjust?

Rather, what I'm wondering is why I've set my bond allocation to increase 5% every 5 years (starting in 2019) rather than to increase, say, 1% every year. I suspect the difference between the two strategies would have essentially no difference on the total return of the portfolio. Because... why is...
by mega317
Thu Jan 11, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?
Replies: 21
Views: 1233

Re: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?

C'mon, you can do that math, can't you?
Of course those funds have other differences so strictly looking at the after-tax yield would be a mistake.
by mega317
Thu Jan 11, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Stock/bond mix
Replies: 5
Views: 336

Re: Stock/bond mix

Any suggestions to get conservative 3-4% in bond alternative. Maybe value stocks with secure dividend. If you want more return, increase your stock allocation and call it what it is. Not conservative. If there was a safe or guaranteed way to get 3% we'd all be doing it and 1) no one would have thes...
by mega317
Thu Jan 11, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to hold bonds in taxable if you must?
Replies: 19
Views: 1719

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

This is not retirement money nor emergency money. It is simply part of 50k evenly split between a total stock index and a bond index. ... The purpose of this money is yet to be determined however it will not be utilized for 5-7 years. I think your question has basically been answered, but I wonder ...
by mega317
Thu Jan 11, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in multiple ETFs vs. Target Fund
Replies: 5
Views: 260

Re: Invest in multiple ETFs vs. Target Fund

Tax efficiency is non-existent in an IRA and 401k. Actually I guess tax inefficiency is non-existent. In my opinion, mixing target date funds and individual funds is not simplicity since it adds an extra step to the math. Since target date funds have bonds and I don't want to own bonds in taxable, I...
by mega317
Thu Jan 11, 2018 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Investment Advice - ETF vs. Admiral Shares?
Replies: 15
Views: 1143

Re: Taxable Investment Advice - ETF vs. Admiral Shares?

Just be clear that the max difference in expenses between investor shares and ETFs (at $9,999) is 10 dollars a year.