Search found 45 matches

by jgdsss
Sat Sep 23, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Move 401k to new 401k or transfer to ira
Replies: 2
Views: 300

Move 401k to new 401k or transfer to ira

Husband just got new job and new 401k has pretty good offerings. We have 0% in bonds at the moment in our AA and they offer one of the Vanguard bond funds. We set up his new 401k for 100% in the bond fund so we can start to slowly adjust our AA to include bonds. We can change at any time. Should we ...
by jgdsss
Mon Sep 18, 2017 12:52 am
Forum: Personal Consumer Issues
Topic: Sticky family/parental care situation...long post
Replies: 19
Views: 2156

Re: Sticky family/parental care situation...long post

The circumstances just seem a bit odd on several points. But every family's dynamics are different and if it were me, the care of FIL outweighs a lot of other things. But... why shouldn't you ask for some financial reporting? Why is the check made out to the daughter? What happens if caregiver is i...
by jgdsss
Mon Sep 18, 2017 12:50 am
Forum: Personal Consumer Issues
Topic: Sticky family/parental care situation...long post
Replies: 19
Views: 2156

Re: Sticky family/parental care situation...long post

The next time your husband visits, he should ask to talk to his father alone. Ask: Is he in pain? Does he need anything? Do the meds help? Is he satisfied with the household help? Who does he want to make medical decisions for him? Would he like your husband to contact his doctor about anything? Wo...
by jgdsss
Mon Sep 18, 2017 12:29 am
Forum: Personal Consumer Issues
Topic: Sticky family/parental care situation...long post
Replies: 19
Views: 2156

Re: Sticky family/parental care situation...long post

MulesFan wrote: ↑
Mon Sep 18, 2017 12:15 am
How do the two other brothers feel about this situation?
One is fine with it (fairly well off, ut doesn't ever see the family or visits) and the other feels like we do. He lives nearby and visits but the stepmother made it clear that she's in charge.
by jgdsss
Sun Sep 17, 2017 11:52 pm
Forum: Personal Consumer Issues
Topic: Sticky family/parental care situation...long post
Replies: 19
Views: 2156

Sticky family/parental care situation...long post

Husbands father, 84 y/o with bone cancer. Lives out of state with his wife (not my husbands mother). This stepmothers daughter and husband (aged late 50s) moved into the basement a few years back due to financial difficulties/health problems. It's not the worst news that they live there now as they ...
by jgdsss
Sun Sep 17, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1073

Re: portfolio review please

Great job gathering the info! Start with the basics. What is your desired AA of stocks/bonds, and what % International do you want? That answer will help you figure out how to simplify your holdings. Each account does not need to duplicate your AA. The smaller accounts can even have just one holdin...
by jgdsss
Fri Sep 15, 2017 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1073

Re: portfolio review please

Simplify. If it's not a total stock, total bond or total international fund, lose it. Roll your Fidelity to a Fidelity IRA. Way less hassle. No requirement to fly to Rome to get the Pope to bless and put his wax seal on the envelope, cheaper than Vanguard. That's it. thanks, we may consider that! l...
by jgdsss
Fri Sep 15, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1073

Re: portfolio review please

Great job gathering the info! Start with the basics. What is your desired AA of stocks/bonds, and what % International do you want? That answer will help you figure out how to simplify your holdings. Each account does not need to duplicate your AA. The smaller accounts can even have just one holdin...
by jgdsss
Thu Sep 14, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1073

Re: portfolio review please

wow, that's very through. i appreciate your insight. You're welcome. Hopefully others chime in also. I'm pretty new here myself. I will say this - I have somewhat of the same issue you do, in that I have a whole bunch of different funds in different accounts (do what I say, not what I do! :D ). The...
by jgdsss
Thu Sep 14, 2017 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6030

Re: Paying off debt vs. max savings

I think this is a 'sticky' somewhere. WHAT 0. Establish an emergency fund to your satisfaction 1. Contribute to your 401k up to any company match 2. Pay off any debts with interest rates ~5% or more above the 10-year Treasury note yield. 3. Max HSA 4. Max Traditional IRA or Roth (or backdoor Roth) ...
by jgdsss
Thu Sep 14, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1073

Re: portfolio review please

wow, that's very through. i appreciate your insight.
by jgdsss
Thu Sep 14, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement Funds added to 401k
Replies: 15
Views: 1283

Re: Vanguard Target Retirement Funds added to 401k

Coincidence, my husband just changed jobs and there are several Target Retirement funds in their offerings. We can choose those or customize. I'm not sure why we wouldn't use the Target Retirement Funds, as a few others here have mentioned. The one has an ER of .15%. I'm curious, he has option for 4...
by jgdsss
Thu Sep 14, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: portfolio review please
Replies: 10
Views: 1073

portfolio review please

hi all, i took a lot of time to get this down and looking good, hopefully it's formatted correctly. She- 38, small biz owner, salary $80k salary, $19k small biz dividends He- 47, salary $45k, $15k in1099/freelance work Emergency Fund- $21k Debt- Mortgage, $145k balance with 25 years left Married fil...
by jgdsss
Thu Sep 14, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard balances as percentages?
Replies: 4
Views: 420

Re: vanguard balances as percentages?

Account Overview > Asset Mix will break it down to Stocks / Bonds / Short Term / Uncategorized. For more granular breakdown I import the balances monthly into a Google Spreadsheet and it spits out a bunch of visualizations for me. thanks. i just did an import into excel and after sorting and fixing...
by jgdsss
Thu Sep 14, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard balances as percentages?
Replies: 4
Views: 420

Re: vanguard balances as percentages?

that's it, perfect! thanks. now onto crafting my post. :shock: it's taking a long time but i'm going to do it right!
by jgdsss
Thu Sep 14, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard balances as percentages?
Replies: 4
Views: 420

vanguard balances as percentages?

i've combed through my account balances page pretty well and i can't seem to see how to view my investments as percentages as opposed to dollar amounts. i'm trying to gather the correct info for a post and i'd like to follow the guidelines and post what % i have in each fund, but i can't seem to see...
by jgdsss
Wed Sep 06, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: beginning real estate investing resources
Replies: 6
Views: 654

beginning real estate investing resources

i know this could open up a ton of thoughts/comments, but does anyone have a good, solid (not scam-y) source (site, blog, etc) for some basics on getting started in real estate investing? i want to initially see about perhaps buying a rental property as the first step and start small. i'm thinking t...
by jgdsss
Sun Aug 13, 2017 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: rollover 401 to vanguard- ira?
Replies: 3
Views: 389

rollover 401 to vanguard- ira?

husband got a new job and he will get all his benefit info soon. he currently has about 70k in a Fidelity401k. i'm doing some research and trying to decide about rolling over, converting, etc. he has both a roth and traditional with vanguard; is it possible to max out the roth for this year with 401...
by jgdsss
Wed Nov 09, 2016 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: liquidate taxable acct to pay off mortgage?
Replies: 15
Views: 1772

Re: liquidate taxable acct to pay off mortgage?

One question the OP asked was - what do I do with the Capital Gains info? In short, if you have XXX dollars in your taxable account, some of it is your cash that you bought in with, some of it is dividends over time that you paid taxes on (all that is after tax $$) and some of it is what they call ...
by jgdsss
Wed Nov 09, 2016 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: liquidate taxable acct to pay off mortgage?
Replies: 15
Views: 1772

Re: liquidate taxable acct to pay off mortgage?

How long will you stay in this house? How much of the 135k taxable is your contribution amount vs how much has it grown? Are you in index funds, individual stocks, etc? I'm wondering if you hit a homerun on a streaky stock like Apple, Google, Netflix, Amazon, etc. Do you expect the taxable to conti...
by jgdsss
Wed Nov 09, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: liquidate taxable acct to pay off mortgage?
Replies: 15
Views: 1772

Re: liquidate taxable acct to pay off mortgage?

What tax bracket are you in? If you're in the 25% tax bracket, you are paying an effective mortgage rate of about 3%. Odds are that your taxable account will grow at more than 3% after taxes and fees over the next 26 years (or whatever the remaining length of your mortgage is if you pay it off earl...
by jgdsss
Mon Nov 07, 2016 1:09 am
Forum: Personal Finance (Not Investing)
Topic: liquidate taxable acct to pay off mortgage?
Replies: 15
Views: 1772

liquidate taxable acct to pay off mortgage?

Hi all, a bit lengthy but I'll try to whittle it down as much as possible. All accounts in Vanguard except 401k. Husband 46, Wife 36. Both work full time, combined income around $150k. Husband Trad IRA- 65k (maxing out) Husband Roth IRA- 22k (not contributing) Husband 401k- $55k (maxing out) Wife Tr...
by jgdsss
Tue Nov 01, 2016 8:42 pm
Forum: Personal Consumer Issues
Topic: estate planning advice
Replies: 2
Views: 591

estate planning advice

hi there, i have a consult set up next week with an estate planning attorney. any specific questions to ask? what is a good range that i can expect to pay for services relating to estate planning, business planning, etc. im going with my mother as we own our business together. she and my dad own a h...
by jgdsss
Tue Jul 19, 2016 11:18 am
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 2380

Re: mortgage vs investing

The benefit from putting more money into retirement accounts is that you save on taxes on each dollar you put into your 401K and IRA at your marginal rate (presumably at least 25% if you have income to support $1,150 PITI and $2,300 extra). The $2,300/month you have available are after tax dollars....
by jgdsss
Tue Jul 19, 2016 11:08 am
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 2380

Re: mortgage vs investing

Lots of info to consider thanks so much for all the thoughts. Husband has 401k (fidelity) that we don't max out (we DO contribute up to the match...he can contribute up to $18k. I have a small business simple Ira (vanguard) which I can contribute up to $12,500/year. So we "could" contribu...
by jgdsss
Tue Jul 19, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 2380

Re: mortgage vs investing

Do you mean into the iras? I don't see how I could move money into a 401k since it goes through his company. Maybe I'm not understanding what you're saying. :wink:
by jgdsss
Mon Jul 18, 2016 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 2380

Re: mortgage vs investing

Lots of info to consider thanks so much for all the thoughts. Husband has 401k (fidelity) that we don't max out (we DO contribute up to the match...he can contribute up to $18k. I have a small business simple Ira (vanguard) which I can contribute up to $12,500/year. So we "could" contribut...
by jgdsss
Mon Jul 18, 2016 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage vs investing
Replies: 43
Views: 2380

mortgage vs investing

hi all, yet another post on mortgage vs invest. i've read and read and read and still dont know what the best scenario is. here's my situation home- value $225k, $145k left on mortgage. monthly payment (p&i, taxes, insurance)- $1150 rate 4% married, ages 36 and 46 about $280k in portfolio (roth ...
by jgdsss
Wed May 25, 2016 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Geico or State Farm - auto insurance
Replies: 19
Views: 2491

Re: Geico or State Farm - auto insurance

I use esurance and got good rates. Their website is very easy. They do raise the rates every so often which is annoying. I switched to geico and then switched back. It's worth the hassle to me to change every few years to save a few hundred dollars. I'm not sure why they give you such a deep discoun...
by jgdsss
Wed May 25, 2016 12:49 pm
Forum: Investing - Theory, News & General
Topic: small business retirement plan-any one use them?
Replies: 12
Views: 715

Re: small business retirement plan-any one use them?

We have a Simple IRA through T Rowe Price. Very simple to administer and inexpensive. For your S Corp., I would highly recommend going the Simple IRA route. The only disadvantages are the lower yearly contribution limit and the back door Roth issue listed in other posts. Thanks. I see about the low...
by jgdsss
Wed May 25, 2016 12:07 pm
Forum: Investing - Theory, News & General
Topic: small business retirement plan-any one use them?
Replies: 12
Views: 715

Re: small business retirement plan-any one use them?

Hi. I've been self-employed about 15 years with Vanguard IRA/Roth IRA, which was fine, but 2 years ago combined businesses with a friend and we formed a partnership LLC. When I was a solo LLC, the IRA/SEP/Roth options were ok, but never great. We decided to do a 401k for the business, and wow after...
by jgdsss
Wed May 25, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: small business retirement plan-any one use them?
Replies: 12
Views: 715

Re: small business retirement plan-any one use them?

We have a SIMPLE IRA for our small business. The only thing you are missing is that it will complicate the backdoor roth process if that is something you are doing now. Other than that, it is very simple to administer. We went from having a safe harbor 401k to a SIMPLE IRA and found it to be much e...
by jgdsss
Wed May 25, 2016 11:50 am
Forum: Investing - Theory, News & General
Topic: small business retirement plan-any one use them?
Replies: 12
Views: 715

Re: small business retirement plan-any one use them?

We have a SIMPLE IRA for our small business. The only thing you are missing is that it will complicate the backdoor roth process if that is something you are doing now. Other than that, it is very simple to administer. We went from having a safe harbor 401k to a SIMPLE IRA and found it to be much e...
by jgdsss
Wed May 25, 2016 11:18 am
Forum: Investing - Theory, News & General
Topic: small business retirement plan-any one use them?
Replies: 12
Views: 715

small business retirement plan-any one use them?

Hi all, i just got off the phone with Vanguard regarding options for my small business retirement plan. I don't have one in place so am looking at their options as far as Simple IRA or their 401k. Does anyone have any experience they'd be willing to share? Either a small business owner who has a pla...
by jgdsss
Mon May 23, 2016 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Re: Fidelity 401k plan offerings...how do i tell?

Questions. Your husband's 10% contribution to his 401k is how much in dollars? How much (in dollars) additional do no think that you may be able to contribute toward investing annually? Do you have any type of retirement plan at your small business? In the joint taxable account, what is the unreali...
by jgdsss
Mon May 23, 2016 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: A toughie... Trust and Will but no one to ask... what to do?
Replies: 12
Views: 1441

Re: A toughie... Trust and Will but no one to ask... what to do?

I'm the executor for a friend. She thought I have the most financial knowledge. You can update it later if your friends died. Can I ask your opinion on something, as it's going on right now in my family....the executor of my grandmothers estate (eldest daughter) is wanting to take the "compens...
by jgdsss
Mon May 23, 2016 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Re: Fidelity 401k plan offerings...how do i tell?

1. 401k to match 2. Max Roth 3. Max 401k 4. Taxable investing. I agree with that annual account funding priority. The 401k funds offered are generally good. In my opinion the funds to consider using include -- Spartan 500 Index Fund (FXSIX) Spartan Extended Market Index Fund (FSMAX) Fidelity Divers...
by jgdsss
Sun May 22, 2016 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: small business 401(k) need advice
Replies: 15
Views: 1530

Re: small business 401(k) need advice

My wife's dental practice had a similar plan, with Voya. We were paying a TPA approx. $2k/yr for admin fees. In addition, the Voya "daily asset charge" combined with fund expense ratios exceeded 2%. It took a lot of time and effort just to get to the point of understanding all of the cost...
by jgdsss
Sun May 22, 2016 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: small business 401(k) need advice
Replies: 15
Views: 1530

Re: small business 401(k) need advice

To the OP: I own a small business with employees. My company has maintained a SIMPLE-IRA with Fidelity for many years. We match employees' elective contributions up to 3% of their pay. If an eligible employee declines to participate, the company does not have to fund a contribution on their behalf....
by jgdsss
Sun May 22, 2016 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with the "waiting game"
Replies: 32
Views: 5268

Re: Dealing with the "waiting game"

I hear you and feel the same. I have a plan to pay off our mortgage in 4 years and there's really nothing else to do but wait. I'm all budgeted out and things are going where they should be. I think sometimes about using all that extra money toward something else but what would it be? We don't NEED ...
by jgdsss
Sun May 22, 2016 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Re: Fidelity 401k plan offerings...how do i tell?

1. 401k to match 2. Max Roth 3. Max 401k 4. Taxable investing. I agree with that annual account funding priority. The 401k funds offered are generally good. In my opinion the funds to consider using include -- Spartan 500 Index Fund (FXSIX) Spartan Extended Market Index Fund (FSMAX) Fidelity Divers...
by jgdsss
Sun May 22, 2016 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Re: Fidelity 401k plan offerings...how do i tell?

jgdsss- Welcome! Fidelity usually has great low-cost options. It you edit your post and provide the ERs (expense ratios) for each fund you might get better advice. You might want to either pick one Target Fund, such as 2030. Or use the SP500, Ext Market, and Int'l Fund together. The funds you have ...
by jgdsss
Sun May 22, 2016 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Re: Fidelity 401k plan offerings...how do i tell?

You're getting good responses even without posting expense ratios, because the Fidelity Spartan index funds are well known as Vanguard index fund equivalents. But you'll get even more responses if you can provide the information in Asking Portfolio Questions . Just edit your original post. The Wiki...
by jgdsss
Sun May 22, 2016 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Re: Fidelity 401k plan offerings...how do i tell?

Thanks all. I edited the original post and am going to now work on including our entire portfolio, as you said, to have it all in one place. I'll be back with that. :)
by jgdsss
Mon May 16, 2016 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1425

Fidelity 401k plan offerings...how do i tell?

hi all, this is my first post and i'm glad to be here. there's a lot of info! *edited with both of us on here now and included all our details. I tried to make it as efficient as possible. The original question was about husbands 401k. Here's what we've got currently: 39.82% SPTN 500 INDEX INST--FXS...