Search found 29 matches

by jcerickson
Tue Sep 18, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy
Replies: 34
Views: 3687

Re: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy

Zero minimum is great for people who are just starting their retirement savings as well. I'm recommending these to my girlfriend who is just opening an IRA for the first time. For people who have $5,500 (or less) to open an IRA, you can't find a better deal to achieve immediate, low cost diversific...
by jcerickson
Sat Jul 21, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Portfolio - am I doing right?
Replies: 14
Views: 1408

Re: HSA Investment Portfolio - am I doing right?

I believe that you are duplicating your Total Stock Market allocation by having two similar ETF''s: SPTM (SPDR Portfolio TSM) and VTI (Vanguard TSM). At a minimum, you could pick one of these Total Stock Market ETF''s and consolidate them.
by jcerickson
Sat Jul 07, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic allocation and rebalancing platform.
Replies: 8
Views: 385

Re: Automatic allocation and rebalancing platform.

Thanks for removing the duplicate. I’m curious if any other company/custodian allows you to self manage your portfolio by picking a set number of funds and automatically purchasing the funds after each monthly contribution according to your preset choice. Thanks in advance! Vanguard has an Automati...
by jcerickson
Mon May 07, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: Formula for calculating payroll federal tax
Replies: 4
Views: 514

Re: Formula for calculating payroll federal tax

I can't speak for all programs, but the ones I'm familiar with do it on an annualized basis: they take your current gross pay for the specific payroll cycle, annualize it, use the related annual withholding tax tables and your filing status and number of exemptions claimed to calculate the annual ta...
by jcerickson
Sun Mar 11, 2018 5:55 pm
Forum: Investing - Theory, News & General
Topic: Are Health Savings Accounts (HSA) that require a minimum balance before investing worth it?
Replies: 39
Views: 3800

Re: Are Health Savings Accounts (HSA) that require a minimum balance before investing worth it?

Wouldn't it be better to find an HSA that lets you invest every last penny that goes into the HSA instead? I previously had an HSA at HealthSavings Administrators, which offers "first dollar investing" and no account minimums. There were several Vanguard funds to choose from and I used the Vanguard...
by jcerickson
Sun Feb 25, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: novice looking for options
Replies: 25
Views: 1631

Re: novice looking for options

vangaurddgp wrote:
Sun Feb 25, 2018 5:21 pm
I also invest in an Sep ira. Does vanguard offer a Sep or equivalent?
Yes, you can set up a SEP IRA at Vanguard. I did so last year and, as I also have a Traditional and Roth IRA there, plus taxable accounts, was able to set it up all via the Vanguard website.
by jcerickson
Sun Feb 25, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest excess savings?
Replies: 7
Views: 1099

Re: Where to invest excess savings?

Do you have a High Deductible Health Plan (HDHP) that would qualify you to participate in a Health Savings Account (HSA)? If so, many HSA providers (either through employers or on your own) also offer investment options in addition to the cash account.
by jcerickson
Sat Jan 27, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral shares
Replies: 2
Views: 715

Re: Admiral shares

None of Vanguard's Target Retirement or Lifestyle funds have Admiral share classes, and they are made up of the Investor class shares of the mutual funds.
by jcerickson
Sat Oct 07, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Hope to fire Edward Jones and move my 5304 SIMPLE IRA to Fidelity?
Replies: 8
Views: 1414

Re: Hope to fire Edward Jones and move my 5304 SIMPLE IRA to Fidelity?

I also saw on the Vanguard website that I might be able to personally setup a SIMPLE IRA with them, that would also cost $25/year assuming I only want a single mutual fund. If you chose a single, multi-asset class fund at Vanguard for your SIMPLE IRA (eg... their Balanced Index, a Target Retirement...
by jcerickson
Mon Oct 02, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 136
Views: 24619

Re: 30,000 in Checking Account

Now I am looking into increasing the amount I contribute to my HSA instead of opening up the KPERS 457. HSA has better tax advantages as it goes in tax free and can take out tax free for medical expenses or for anything after I'm 65, is this correct? Just want to make sure my next step should be th...
by jcerickson
Sun Oct 01, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 136
Views: 24619

Re: 30,000 in Checking Account

Now I am looking into increasing the amount I contribute to my HSA instead of opening up the KPERS 457. HSA has better tax advantages as it goes in tax free and can take out tax free for medical expenses or for anything after I'm 65, is this correct? Just want to make sure my next step should be th...
by jcerickson
Wed Sep 20, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Russell 3000 Index Fund [offered at Vanguard?]
Replies: 8
Views: 959

Re: Russell 3000 Index Fund [offered at Vanguard?]

I know that you can buy the Vanguard Russell 3000 EFT (VTHR) - I have to play with the ETF filter to find them. However, the only related index fund I could find on the Vanguard site was Institutional class (VRTTX) with a $5,000,000 minimum... :shock: Do you see the minimum as a issue? This week......
by jcerickson
Wed Sep 20, 2017 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Russell 3000 Index Fund [offered at Vanguard?]
Replies: 8
Views: 959

Re: Russell 3000 Index Fund [offered at Vanguard?]

Hello, Does Vanguard offer any Russell 3000 index funds? Thanks. I know that you can buy the Vanguard Russell 3000 EFT (VTHR) - I have to play with the ETF filter to find them. However, the only related index fund I could find on the Vanguard site was Institutional class (VRTTX) with a $5,000,000 m...
by jcerickson
Sun Sep 17, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: New Job, First Time Investing, How-To
Replies: 21
Views: 2024

Re: New Job, First Time Investing, How-To

[/quote] I was confused because I see no way to access the HSA in any way. I assume That when my benefits start in October that I will learn more. I mentioned the insurance because I chose my insurance benefits at the same time so it was all lumped together in my mind. [/quote] Hi error, I handle th...
by jcerickson
Sat Sep 02, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs Index mutual fund for taxable account
Replies: 11
Views: 3418

Re: ETF vs Index mutual fund for taxable account

Since, I do not have a 401k Plan offered at work, I was planning on opening a Taxable account to supplement my Roth IRA. If you have a High Deductible Health insurance plan (HDHP) through work, you can also open an HSA and contribute the individual maximum of $3,400/year pre-tax. If not, you can se...
by jcerickson
Sat Sep 02, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs Index mutual fund for taxable account
Replies: 11
Views: 3418

Re: ETF vs Index mutual fund for taxable account

Since, I do not have a 401k Plan offered at work, I was planning on opening a Taxable account to supplement my Roth IRA. If you have a High Deductible Health insurance plan (HDHP) through work, you can also open an HSA and contribute the individual maximum of $3,400/year pre-tax. If not, you can se...
by jcerickson
Sat Sep 02, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: What else besides IRAs and HSA?
Replies: 11
Views: 866

Re: What else besides IRAs and HSA?

...The other day I looked at my payslip and realized that my employer has been contributing to an HSA since last year. I haven't heard of it before (I saw it when I filed tax but ignored it), and now I realized that I could contribute $2.9k to it and I'll do it. An individual with an HDHP can contr...
by jcerickson
Sat Sep 02, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: What else besides IRAs and HSA?
Replies: 11
Views: 866

Re: What else besides IRAs and HSA?

...The other day I looked at my payslip and realized that my employer has been contributing to an HSA since last year. I haven't heard of it before (I saw it when I filed tax but ignored it), and now I realized that I could contribute $2.9k to it and I'll do it. An individual with an HDHP can contr...
by jcerickson
Sat Sep 02, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: What else besides IRAs and HSA?
Replies: 11
Views: 866

Re: What else besides IRAs and HSA?

...The other day I looked at my payslip and realized that my employer has been contributing to an HSA since last year. I haven't heard of it before (I saw it when I filed tax but ignored it), and now I realized that I could contribute $2.9k to it and I'll do it. An individual with an HDHP can contr...
by jcerickson
Sat Aug 26, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA - Moving funds from Money Market to Target? How
Replies: 1
Views: 276

Re: Traditional IRA - Moving funds from Money Market to Target? How

flyersrule wrote:
Sat Aug 26, 2017 7:36 pm
How do I simply just buy VTIVX with the Money Market Fund? I use Fido personally so am a little lost.
You should use the Exchange option, which is, in effect, "sell to buy" in one transaction. You can get to it under the "My Accounts" > "Buy and Sell"
by jcerickson
Sat Aug 19, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 89
Views: 27622

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

Random Poster wrote:
Fri Aug 18, 2017 7:20 pm
As a passive investor, I'm conflicted about being asked to actively vote.
:D
by jcerickson
Sat Aug 05, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: 14k left over after max 401k and tIRA. Advice please ?
Replies: 27
Views: 2283

Re: 14k left over after max 401k and tIRA. Advice please ?

No HSA options.... If you have health insurance and it qualifies as a High Deductible Health Plan, you can still open an HSA and fund it personally (as opposed to a payroll deduction). At your age, you can contribute $3,400 for yourself. You may be able to contribute $6,750 for family coverage, dep...
by jcerickson
Sat Jul 29, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with HSA Investments
Replies: 13
Views: 2012

Re: Help with HSA Investments

....I have a slight preference for bond funds in HSAs (so that unexpected stock market growth doesn't cause your HSA to exceed your medical expenses and become taxable).... Perhaps I'm just being dense, but would you please explain your comment above? How would your HSA become taxable if it exceeds...
by jcerickson
Sat Jul 29, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help with HSA Investments
Replies: 13
Views: 2012

Re: Help with HSA Investments

....I have a slight preference for bond funds in HSAs (so that unexpected stock market growth doesn't cause your HSA to exceed your medical expenses and become taxable).... Perhaps I'm just being dense, but would you please explain your comment above? How would your HSA become taxable if it exceeds...
by jcerickson
Sun Jul 23, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer old Roth IRA to vanguard
Replies: 9
Views: 1252

Re: Transfer old Roth IRA to vanguard

"I recently transferred my old Roth IRA from Primerica (clearbridge funds) to Vanguard Can I now buy Vanguard funds or I am stuck with Clearbridge funds?" Trinidiva, Now that you've opened a Vanguard account, you can invest in the Vanguard funds of your choice. However, the steps involved in getting...
by jcerickson
Sun Jul 16, 2017 12:08 pm
Forum: Investing - Theory, News & General
Topic: Dividend Misunderstandings & Only Spend Return
Replies: 282
Views: 21863

Re: Dividend Misunderstandings & Only Spend Return

"For my "psychology"... would you rather have a battleships...or a little speed boat in the ocean"

If your dividend fund is the battleship, the Total Stock Market fund is the aircraft carrier!

"You sank my battleship"... couldn't resist! :wink:
by jcerickson
Sun May 14, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 47
Views: 7147

Re: how do you invest your HSA

As with a previous poster, I put mine in the Wellington fund. I'm with Optum and have to keep $2K in cash but I recently stopped using my HSA for expenses and am treating it more like an IRA. I invest all of my payroll deductions and pay for my minimal health costs out of pocket.
by jcerickson
Sat May 06, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Small Company Retirement Plan Options
Replies: 5
Views: 829

Re: Small Company Retirement Plan Options

Are there other retirement options for a company of this size ? Would love to know how other small business owners provide their employees with retirement benefits. I would suggest taking a look at a SIMPLE IRA, which you can set up at Vanguard, amongst other firms. No IRS reporting and no high fee...
by jcerickson
Sun Feb 26, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Anyone using Optum Bank for HSA?
Replies: 29
Views: 5786

Re: Anyone using Optum Bank for HSA?

I have an Optum Bank HSA through United HealthCare, also. As others have stated, each individual employer plan varies. With our plan, we must keep a minimum cash balance of $2K and then can invest amounts over that. We have a fixed $1/month fee for the cash account and an additional fixed $3/month f...