Search found 13 matches

by crispydoc
Wed Mar 06, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advice in moving an "off label" Roth conversion from Vanguard to Fidelity/Schwab
Replies: 0
Views: 306

Advice in moving an "off label" Roth conversion from Vanguard to Fidelity/Schwab

Context: Wife and I are jointly incorporated as a C corp. In 2017 during a low income year we performed a Roth conversion in our pooled 401k/profit-sharing fund at Vanguard. Caveat is Vanguard would not create a separately labeled Roth account to avoid co-mingling the funds. The temporary fix was to...
by crispydoc
Mon Aug 21, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Child Roth IRA advice: hiring your kids to model for your website
Replies: 17
Views: 3253

Re: Child Roth IRA advice: hiring your kids to model for your website

Thanks to all who responded. Dove deeply into numerous related prior threads and tried to synthesize in a blog post:
http://www.crispydoc.com/home/what-the- ... d-roth-ira

With gratitude,

CD
by crispydoc
Wed Jul 26, 2017 7:51 pm
Forum: Personal Investments
Topic: Breaking up with my Financial Advisor
Replies: 56
Views: 7027

Re: Breaking up with my Financial Advisor

I feel for you - we were not so much conflict averse as genuinely fond of our advisor. He took me on when I had minimal assets (although a cynic would point out that, as a new MD, I had a bullseye on my forehead). I "broke up" by phone - I took him through the "it's not you, it's me" routine that wo...
by crispydoc
Thu Jul 13, 2017 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Child Roth IRA advice: hiring your kids to model for your website
Replies: 17
Views: 3253

Re: Child Roth IRA advice: hiring your kids to model for your website

FIREchief - "Hustle" was meant not as a pejorative term for illicit activity, but as a nod of respect for initiative taken by a self-motivated entrepreneur to diversify or augment an income stream. Please don't let the SoCal lingo of the messenger to taint the message. The difference between a silly...
by crispydoc
Thu Jul 13, 2017 1:54 am
Forum: Personal Finance (Not Investing)
Topic: Child Roth IRA advice: hiring your kids to model for your website
Replies: 17
Views: 3253

Re: Child Roth IRA advice: hiring your kids to model for your website

Appreciate all guidance (financial and moral) which has been well received. As to the specifics: 1) Rob - I suspect it would constitute income shifting under my unprofitable blog, but could be considered a legitimate expense under my wife's profitable business. I'd concur earned income from a 3rd pa...
by crispydoc
Tue Jul 11, 2017 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Child Roth IRA advice: hiring your kids to model for your website
Replies: 17
Views: 3253

Child Roth IRA advice: hiring your kids to model for your website

Dear Bogleheads, Hope to hire my kids to provide them earned income, then invest the income in Roth IRAs. A few of you I contacted individually suggested I seek insight and clarity from the forum. DW and I are both physicians with 2 kids (ages 7 & 9), jointly incorporated as C corp. The corp also do...
by crispydoc
Sun Jul 09, 2017 8:45 pm
Forum: Personal Investments
Topic: High Income Earner Humbly Seeks Advice
Replies: 83
Views: 24187

Re: High Income Earner Humbly Seeks Advice

Congrats on beginning from a position of enviable strength! Mike Piper at the Oblivious Investor has a great post highlighting 8 simple portfolios http://www.obliviousinvestor.com/8-sample-and-simple-portfolios/ that permit you to select a level of complexity to match your investing comfort. Might o...
by crispydoc
Sun Apr 23, 2017 2:49 pm
Forum: Personal Investments
Topic: Is robo for me?
Replies: 34
Views: 4032

Re: Is robo for me?

CABob wrote:
crispydoc wrote: In the year I was at Betterment, they tax-harvested 12k for me. So why move if TLH more than offset their fees?
So, did the tax savings pay for the fees?
More than covered fees, so that math did add up as promised. (Apologies for the slow response.)
by crispydoc
Thu Apr 06, 2017 10:04 am
Forum: Personal Investments
Topic: Is robo for me?
Replies: 34
Views: 4032

Re: Is robo for me?

I'll speak to this a someone who was in your shoes very recently. Over the past couple of years we moved from everything at Merrill to a combo of Betterment (Roths + taxable) + Vanguard (tax-deferred). I am now moving Roths and arranging an in-kind transfer of my taxable account from Betterment to V...
by crispydoc
Wed Apr 05, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 192
Views: 37006

Re: 2017 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Please add my name to the waiting list - newbie interested in attending!
Thanks!
by crispydoc
Thu Feb 09, 2017 4:24 pm
Forum: Personal Investments
Topic: Wash sale? Sold VTI / Bought Target 2040
Replies: 5
Views: 873

Wash sale? Sold VTI / Bought Target 2040

Last year Betterment sold VTI in taxable account within 30 days of two purchases I made of Vanguard Target Retirement 2040 in 401k. Since Vanguard Target Retirement 2040 is composed of 52.5% VTSMX, would this be considered a wash sale? New to tax-loss harvesting, still unclear on wash sale rules, gr...
by crispydoc
Tue Nov 01, 2016 3:43 pm
Forum: Personal Investments
Topic: Input solicited for newbie DIY portfolio
Replies: 4
Views: 790

Re: Input solicited for newbie DIY portfolio

Thanks for all the feedback - I wrote each respondent individually, but as this is my first post and I'm uncertain of the proper protocol, I thought I'd provide a general update. I'm reading Larry Swedroe's "Only Guide You'll Ever Need to the Right Financial Plan," (thanks njboater74!) and enjoying ...
by crispydoc
Tue Oct 18, 2016 1:06 pm
Forum: Personal Investments
Topic: Input solicited for newbie DIY portfolio
Replies: 4
Views: 790

Input solicited for newbie DIY portfolio

First, thanks to all for a remarkable resource. I've spent several months of insomnia hours learning from the site and forums, reading Bernstein, Graham, and Bogleheads books. Ditched financial advisor of 10 years. Motivated newbie. Looking for input on switching to a simple 6 fund slice and dice po...