Search found 26 matches

by Bodacious
Sat Nov 18, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: Experience with 401K "Self Directed Brokerage Account"
Replies: 4
Views: 212

Re: Experience with 401K "Self Directed Brokerage Account"

I've been in a Schwab self directed brokerage account for a little over a year and I pay $50 a year. My Nationwide 457b doesn't advertise the self directed account option and they discouraged me from using it. The rep likes to push their personally managed "Pro Account" which adds another 65 basis p...
by Bodacious
Sun Nov 12, 2017 9:34 am
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3166

Re: What's your weighted average expense ratio?

8 basis points plus a $50 annual fee for my Schwab PCRA. Before the PCRA "escape hatch", I was paying 70 basis points for similar funds in my Nationwide 457b.
by Bodacious
Fri Nov 10, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab PCRA Fee VS more options
Replies: 5
Views: 423

Re: Schwab PCRA Fee VS more options

I use a Schwab PCRA to escape the high expense ratios in my Nationwide 457b. I'm saving a lot of money by paying the $50 annual fee to be in the PCRA, and I purchase Schwab ETFs with no transaction fees. If I had access to the funds in your 403b with very low ER I would not use the PCRA.
by Bodacious
Fri Nov 03, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: Is there a way to track CalPers as an investment?
Replies: 4
Views: 456

Re: Is there a way to track CalPers as an investment?

I use Personal Capital to track my CalPers pension balance. Your wife will need to register/set up her myCalPers account. Once this is completed you can add it to the "investment" section in Personal Capital and it will track her balance. Aloha Joe is correct in that there is limited value in tracki...
by Bodacious
Fri Aug 25, 2017 7:52 am
Forum: Investing - Help with Personal Investments
Topic: Schwab bid/ask spread
Replies: 6
Views: 510

Re: Schwab bid/ask spread

Check again at 930 EST and you will see small spreads. I hold all three of the ETF's you mentioned and never have a problem with large spreads
by Bodacious
Fri Aug 11, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Funds
Replies: 33
Views: 2589

Re: Stable Value Funds vs Bond Funds

My fixed income allocation is split 50/50 between and intermediate bond fund and a stable value fund. The stable value is in my Nationwide 457 and it currently yields 3.35%.
by Bodacious
Fri Jul 21, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Stable value fund vs Vanguard Total Bond Market Index
Replies: 27
Views: 3668

Re: Stable value fund vs Vanguard Total Bond Market Index

My 457b (Nationwide) offers a stable value fund which is currently 3.35% with no restrictions on moving money in or out. The stable value fund is 50% of my fixed income allocation with the other 50% in an intermediate bond fund.

I'm also at 70/30
by Bodacious
Sat Jul 15, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Does pension change allocation of funds?
Replies: 30
Views: 2398

Re: Does pension change allocation of funds?

I've been employed for 21 years with Riverside County and am vested in a CalPers pension (3% at 60) with COLA. I was 100% equities in my 457b until 2 years ago because I assumed my pension was bullet proof. I stayed 100% equities during the dot com bubble and stayed 100% equities in 2008 (it was ver...
by Bodacious
Mon Jul 03, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: When Did You Start Investing Your Own Money?
Replies: 47
Views: 3453

Re: When Did You Start Investing Your Own Money?

I started investing in my 457b at 33 in 1999 (a year before the Dot Com bubble). Many of my coworkers stopped investing when the bubble burst in 2000-2002. I'm glad I kept investing, and the experience helped me stay the course in 2008.
by Bodacious
Thu May 18, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Life's big ticket items to save for
Replies: 37
Views: 3585

Re: Life's big ticket items to save for

Welcome Imperio,

I'm 51 and have been married for 22 years and have a 19 year old daughter. I'm confident that you have more expendable income NOW than you will ever have once you get married and have kids. Start packing your lunches now and save everything you can :)
by Bodacious
Tue May 09, 2017 11:20 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab PCRA or stick with funds in my 403(b)?
Replies: 4
Views: 504

Re: Schwab PCRA or stick with funds in my 403(b)?

Welcome to the forum! I transferred 80% of my portfolio to a Schwab PCRA account last year and am very pleased with their customer service and choices of low ER funds. I also pay a $50 annual fee but I save thousands per year in fees compared to the choices in my Nationwide 457. I invest in the foll...
by Bodacious
Sat Apr 29, 2017 10:19 am
Forum: Investing - Theory, News & General
Topic: What is your overall portfolio weighted expense ratio
Replies: 206
Views: 18748

Re: What is your overall portfolio weighted expense ratio

My portfolio weighted average ER is currently 0.10%. I have a Nationwide 457b plan and transferred 80% of my account balance into a Schwab self directed brokerage account last year. Before last year, my weighted ER was 0.80% in my Nationwide plan. My brokerage account "escape hatch" is saving me $10...
by Bodacious
Thu Feb 09, 2017 11:05 pm
Forum: Investing - Theory, News & General
Topic: Why don't stock prices go up on payday?
Replies: 43
Views: 4188

Re: Why don't stock prices go up on payday?

I wasn't aware of standard paydays. I get paid every other Wednesday and my wife gets paid on the 7th and 22nd each month.
by Bodacious
Thu Feb 09, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 8370

Re: Charles Schwab Experiences?

My 401k PCRA is at Schwab. This has worked fine for years. I don't know if their customer service is good or not as there has never been any occasion to call them. I don't see anything in their web interface that doesn't do what I want with minor effort. I also have a Schwab PCRA account through my...
by Bodacious
Tue Feb 07, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Convert SWTSX to SCHB or VTI? If so, how?
Replies: 13
Views: 2075

Re: Convert SWTSX to SCHB or VTI? If so, how?

No need to convert SWTSX to SCHB or VTI since Schwab just announced it will be lowering the expense ratios of their index mutual funds to match their ETF's effective March 1st.

SWTSX's new ER will be 0.03% in less than 30 days. There is another thread discussing this
by Bodacious
Sat Feb 04, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 29
Views: 2722

Re: 457 - help choosing between 2 good options?

nOOb, the fee changes for Schwabs index mutual funds don't go into effect until next month.

Here is a link to the discussion on another tread...

viewtopic.php?f=10&t=209925#p3220417
by Bodacious
Fri Feb 03, 2017 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 29
Views: 2722

Re: 457 - help choosing between 2 good options?

Tomatoboy, I'm new to the forum and am most certainly not an expert (Mr. Larimore is the expert). I just wanted to share my positive experience of starting the PCRA option last year, after paying high fees with my limited Nationwide 457 choices for 20 years. With that disclosed, I did want to share ...
by Bodacious
Fri Jan 27, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 29
Views: 2722

Re: 457 - help choosing between 2 good options?

Hi tomatoboy, I direct 100% of my allocation to the nationwide stable value fund. I then transfer funds to the Schwab pcra and purchase etfs. In my case, there are no fees associated with the transfer of funds between nationwide and the pcra (it does take a couple of business days for the funds to c...
by Bodacious
Tue Jan 24, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 29
Views: 2722

Re: 457 - help choosing between 2 good options?

I think the Schwab target index funds like swxjx are also a good choice. As I stated before I buy schwab etfs through their pcra but if I wanted to simplify, I would use their target index funds.
by Bodacious
Fri Jan 20, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: 457 - help choosing between 2 good options?
Replies: 29
Views: 2722

Re: 457 - help choosing between 2 good options?

I have a nationwide 457 and use the Schwab self directed pcra option. I invest in schwab etfs and use the nationwide stable value fund (3.5%) for half of my fixed income allocation. Schwabs customer service is very good and their etfs have very low expense ratios. There are no transaction fees with ...
by Bodacious
Sun Jan 08, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Factoring Pension
Replies: 13
Views: 1837

Re: Factoring Pension

I was in a similar position as the OP in my early 30's. A couple of years away from being vested in CalPERS pension (3%@60) and started investing in my 457. I was 100% equities until my late 40's. My rational was that my pension would cover all of my income needs, and I wanted to be aggressive with ...
by Bodacious
Sun Jan 08, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 5214

Re: Anybody else Age - 10 in bonds, rest in stocks

I'm 51 and use age-20 for my fixed income allocation (currently 69/31). I have a significant pension coming (3%@60) so I'm willing to take a bit more risk in my 457 AA.
by Bodacious
Fri Jan 06, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Low Income, Starting to Invest
Replies: 3
Views: 807

Re: Low Income, Starting to Invest

I second mhalley's advice. My younger brother just opened a Roth IRA with Fidelity and I recommended that he invest in one of their Fidelity Freedom Index Funds. He picked FBIFX which has a retirement target of 2040 and asset allocation of 65% US, 25% International and 10% Bonds. The AA becomes more...
by Bodacious
Fri Aug 12, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: How much vacation time do you get at work?
Replies: 155
Views: 13632

Re: How much vacation time do you get at work?

I've been employed with the county for 21 years. Per year, I receive 12 paid holidays, 160 vacation hours (4 weeks), and accrue 104 sick hours.