Search found 20 matches

by AaronScott
Fri Aug 18, 2017 2:25 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23757

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

A lot of great discussion here on Proposal 7. However, for an investing new guy like me, can anyone offer guidance on making heads or tails of the other proposals? I'm not sure I follow all the jargon. Thanks!
by AaronScott
Fri Jul 07, 2017 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: Proposed AA - Please critique [Asset Allocation]
Replies: 22
Views: 1325

Re: Proposed AA - Please critique

I just went through my own AA adjustment phase and for a time looked at a similar portfolio possibility. I eventually opted instead for the 3-fund portfolio. While I have a few reasons for that, the biggest was personal - I know I will face lots of behavioral risk. I like to "tinker" and I know that...
by AaronScott
Thu Jul 06, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on AA before I make a change?
Replies: 5
Views: 566

Re: Thoughts on AA before I make a change?

AaronScott: In my opinion, you are a good candidate for The Three-Fund Portfolio with its many advantages. Please read my "Simplicity" link below. Best wishes. Taylor Thank you, Taylor! After some contemplation, I have decided to do just this. I came to the realization that the biggest risk I may f...
by AaronScott
Wed Jul 05, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on AA before I make a change?
Replies: 5
Views: 566

Thoughts on AA before I make a change?

Emergency Funds: 6 Months Debt: ~16.5k in student loans @ 6.55% (in the process of refinancing to 4.25%), ~14.5k in car loans @1.9% Tax Filing Status: Single Tax Rate: 25% federal, 6.45% state (both marginal) State: NY Age: 26 Desired Asset Allocation: 85% Stocks, 15% Bonds* Desired International: 2...
by AaronScott
Mon Jun 19, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Thoughts on 403(b) Asset Allocation?
Replies: 13
Views: 934

Re: Quick Thoughts on 403(b) Asset Allocation?

TL/DR: your money, your choices, just be fully aware of what that choice is, and when you deviate from Total Market (i.e., tilt) make sure it's on purpose. :twisted: I see too many threads where a poster asks for opinions on an allocation and it turns out they had no idea what their allocation real...
by AaronScott
Mon Jun 19, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Thoughts on 403(b) Asset Allocation?
Replies: 13
Views: 934

Re: Quick Thoughts on 403(b) Asset Allocation?

We don't know the rest of the story though. Due to it being a 403b, are you in a career that also provides a pension (state worker, teacher, government, etc...)? Do you hold any investments outside of the 403b? Have you started a ROTH IRA yet? Yes I am a New York state teacher with a pension. No RO...
by AaronScott
Sat Jun 17, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Thoughts on 403(b) Asset Allocation?
Replies: 13
Views: 934

Re: Quick Thoughts on 403(b) Asset Allocation?

It is possible the CFP chose international value because there was no low cost international blend fund available in the plan. It is also possible the CFP added a bit extra mid and small cap to make up for the lack of small cap in the international fund. Even with that, I'd guess (without doing xra...
by AaronScott
Sat Jun 17, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Quick Thoughts on 403(b) Asset Allocation?
Replies: 13
Views: 934

Re: Quick Thoughts on 403(b) Asset Allocation?

I'm a believer that a portfolio should have some bonds - minimum 20%, even for young people. The portfolio you have now is tilted toward value (a little) and mid and small cap US stock (a lot). If you don't understand what that means, it's probably not the best choice for you although such portfoli...
by AaronScott
Sat Jun 17, 2017 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Quick Thoughts on 403(b) Asset Allocation?
Replies: 13
Views: 934

Quick Thoughts on 403(b) Asset Allocation?

Proposed by a CFP: 30% - VFINX - Vanguard 500 Index Inv 20% - VTRIX - Vanguard International Value Inv 20% - NAESX - Vanguard Small Cap Index INV 15% - VEIEX - Vanguard Emerging Mkts Stock Idx Inv 15% - VIMSX - Vanguard Mid Cap Index Inv About a year ago I started down the investment rabbit hole, re...
by AaronScott
Sat May 20, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Best Utilization of Extra $
Replies: 4
Views: 693

Best Utilization of Extra $

Hey everyone! I have all my ducks in a row - good budget, retirement account on target, debts handled, etc. My big question is what is the most efficient way to utilize extra taxable income? I've started throwing all my spare $ into a robo-adviser account (Betterment). I'm sure Vanguard or Fidelity ...
by AaronScott
Fri May 27, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Priorities
Replies: 20
Views: 2658

Re: Advice on Priorities

Is the 457b plan that's available the NY State Deferred Compensation Plan? m If so, it is an excellent plan with Vanguard funds with extremely low expense ratios. Can you tell us the name of the 457b providor for your district? Can you look at the school district's 403b/457b website and find out wh...
by AaronScott
Thu May 26, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Priorities
Replies: 20
Views: 2658

Re: Advice on Priorities

The employer plan details on omni403b.com says that "Employer Non-Elective Contributions" are available. Not sure what this means, though. I think omni403b.com is what's called a Third Party Administrator. They provide services for your employer in dealing with a variety of 403b providors...
by AaronScott
Thu May 26, 2016 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Priorities
Replies: 20
Views: 2658

Re: Advice on Priorities

ruralavalon wrote:Ask HR if there is an employer match offered.

Do you have any debt besides the 6.55% student loans? Is the loan interest on your student loans deductible?

What is your marginal tax rate, both federal and state?


No debt besides student loans. 25% federal marginal tax rate, 6.45% for state.
by AaronScott
Wed May 25, 2016 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Priorities
Replies: 20
Views: 2658

Re: Advice on Priorities

What are the types, amounts and interest rates on your student debt? Is there an employer match offered in your 403b? Is there a High Deductible Health Plan (HDHP) offered at work, so that you are eligible to use a Health Savings Account (HSA)? There is one right answer for all persons in all situa...
by AaronScott
Wed May 25, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Priorities
Replies: 20
Views: 2658

Re: Advice on Priorities

I think I would start building up an emergency fund first of all. Whether to put a high priority on your student loan depends on its interest rate. If the rate is over say about 4%, I'd start paying it off fairly fast, because that's like getting a guaranteed return on investment of over 4%, which ...
by AaronScott
Wed May 25, 2016 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Priorities
Replies: 20
Views: 2658

Advice on Priorities

Hi everyone. I'm trying to balance a couple of different priorities, and I would appreciate some input on strategizing. In which order (and how) would you tackle the following? -Paying off student loans -Maximizing retirement account contributions -Currently have 403(b), do I also need IRA? -Investi...
by AaronScott
Wed May 25, 2016 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand my 403(b) fees
Replies: 17
Views: 1540

Re: Trying to understand my 403(b) fees

Hi everyone! I just dug up the paperwork I have from when I first opened the account. Yes, it is an annuity-based account. I also found the prospectuses for each fund, and some have fees in the realm of .5 and .6%...so needless to say, it seems like I should be switching. Given that my Voya account ...
by AaronScott
Tue May 24, 2016 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand my 403(b) fees
Replies: 17
Views: 1540

Re: Trying to understand my 403(b) fees

I'd like to back up a bit. Does your school district have a list of providors that you can use, that includes not only Voya, but other providors? If so, can you let us look at that list? Looking at your list of funds available in your Voya 403b, I think you are contributing to a Voya annuity 403b. ...
by AaronScott
Tue May 24, 2016 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand my 403(b) fees
Replies: 17
Views: 1540

Re: Trying to understand my 403(b) fees

Welcome to the forum! You'll have to check the documents for the 403(b) itself. Fidelity charges the "Net Prospectus Expense Ratio" of 0.63% for the fund; the 403(b) documents may, or may not, include an additional fee paid to the 403(b) provider. If you can't find a bond fund other than ...
by AaronScott
Tue May 24, 2016 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to understand my 403(b) fees
Replies: 17
Views: 1540

Trying to understand my 403(b) fees

Hi everyone! New member here. Just started getting into investing in the past couple of weeks with the goal of being a DIY investor. I'm a public school teacher and opened up a 403(b) account last summer with Voya, which I chose based on a personal recommendation. Now that I'm trying to be a little ...