Search found 292 matches

by John Laurens
Sun Dec 10, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 28
Views: 3030

Re: Vanguard Investment Advice

Yes PAS is basically a LS Fund with a 0.3% upcharge.

Regards,
John
by John Laurens
Sun Dec 10, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Tool to Model Cost Basis before you sell?
Replies: 7
Views: 367

Re: Fidelity Tool to Model Cost Basis before you sell?

Why are choosing to fund a traditional IRA over a Roth?

Regards
John
by John Laurens
Sun Dec 10, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help Choosing a Fidelity Bond Index Fund
Replies: 19
Views: 913

Re: Help Choosing a Fidelity Bond Index Fund

My only bond holding at Fidelity is IUSB.

Regards,
John
by John Laurens
Fri Dec 08, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: on keeping a tranche of active mgmt in Roth
Replies: 16
Views: 606

Re: on keeping a tranche of active mgmt in Roth

I think you are not being unreasonable. Personally, I know behaviorally I would not be able to stay the course if I was paying someone 10-30 times the index ER if they underperformed potentially many years in a row.

Regards,
John
by John Laurens
Thu Dec 07, 2017 7:26 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 29
Views: 2461

Re: Call the Top!

Infinity

Regards,
John
by John Laurens
Wed Dec 06, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 56
Views: 4894

Re: Dad Needs Help Buying Wedding Liquor

Have you considered something more simple Beer Champagne Red blend A couple cocktails that can be made in batches A highball such as a Southside Fizz (think mojito with gin) An up cocktail such as a Saratoga (think Manhattan but with cognac, rye, vermouth and bitters). That should cover the spectrum...
by John Laurens
Wed Dec 06, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity charges to close accounts!
Replies: 54
Views: 19780

Re: Fidelity charges to close accounts!

lws6772 wrote:
Wed Dec 06, 2017 6:04 pm
One of the reasons I've yet to open an account with Fidelity.
Why? Just received $2500 transfer bonus plus free trades. Seems reasonable to charge me $50 for ACAT on the way out. Guess I would have to transfer out 50+ accounts to break even.

Regards,
John
by John Laurens
Wed Dec 06, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity charges to close accounts!
Replies: 54
Views: 19780

Re: Fidelity charges to close accounts!

Just moved accounts to fidelity and received $2500. If i have to pay $200 if/when I leave I’ll call it even.

Regards,
John
by John Laurens
Tue Dec 05, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking term life insurance recommendation
Replies: 16
Views: 1031

Re: Seeking term life insurance recommendation

I would look towards 2 million for 20 year term for you. $500k 10 year term on your wife.

Regards,
John
by John Laurens
Tue Dec 05, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Info
Replies: 8
Views: 688

Re: HSA Info

The HSA Account belongs to you. You mention that you are going to contribute to the HSA and have knee surgery. Something to consider. Myself and a lot of other bogleheads max our HSA contribution each year and then pay medical costs out of pocket. I haven’t spent a dime of HSA funds in years even th...
by John Laurens
Tue Dec 05, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Tracking ETFs
Replies: 8
Views: 567

Re: Tracking ETFs

Have you considered paying off the mortgage this week? That is what I would do.

Regards,
John
by John Laurens
Mon Dec 04, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: backdoor Roth-2018 question
Replies: 5
Views: 509

Re: backdoor Roth-2018 question

Do it tomorrow for 2017.

Regards,
John
by John Laurens
Mon Dec 04, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: KF Tax Management Strategy
Replies: 33
Views: 1238

Re: KF Tax Management Strategy

Yes, you can increase your annual expenses by 5-10k and take a nice vacation or some other endeavor that brings you and your family joy. I always appreciate your posts Klangfool.

Regards,
John.
by John Laurens
Sun Dec 03, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with excess cash
Replies: 17
Views: 1134

Re: What to do with excess cash

You're right, you can't contribute to a Roth, but you CAN contribute to a Traditional IRA (you just don't get to contribute pre-tax). So you'll contribute post-tax money to the Traditional IRA, and let it grow. You will have to pay taxes as you withdraw (oh, so many decades from now). He should onl...
by John Laurens
Sun Dec 03, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with excess cash
Replies: 17
Views: 1134

Re: What to do with excess cash

You're right, you can't contribute to a Roth, but you CAN contribute to a Traditional IRA (you just don't get to contribute pre-tax). So you'll contribute post-tax money to the Traditional IRA, and let it grow. You will have to pay taxes as you withdraw (oh, so many decades from now). He should onl...
by John Laurens
Sun Dec 03, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with excess cash
Replies: 17
Views: 1134

Re: What to do with excess cash

Shouldn’t your family advisor be encouraging you to contribute to a non deductible traditional IRA and then make a Roth conversion a day or two later?

Regards,
John
by John Laurens
Sun Dec 03, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

My recommendation is to do the following: ascertain what your mother needs to live on annually. After that, calculate what her RMD's are from both inherited IRA from mother and more recently, your grandfather (my condolences on you and your mother's loss). That combined with known earnings/pension ...
by John Laurens
Sun Dec 03, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5112

Re: How do I convince my employees to invest more?

You can contribute 25% of employee compensation without your employees contributing a dime. Where do you get that you can’t contribute more than 3%? Nothing is stopping you from opening a SEP Ira for your business. Except, here again the OP has a SIMPLE IRA plan, which must be the only employer ret...
by John Laurens
Sun Dec 03, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5112

Re: How do I convince my employees to invest more?

It might help if many of the people replying to this thread actually paid attention to the fact that the OP has a SIMPLE IRA plan. The employer match is 100% on up to 3% of compensation. It can not be higher, but It can be 1% or 2% for two out of any five years. It can be a 2% non-elective contribu...
by John Laurens
Sat Dec 02, 2017 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

I may have missed it, but what is the balance of the inherited IRA from your grandmother. You mention she is taking RMDs from it. How much is that per year? I am just trying to determine why you think she will be in the 25% tax bracket. I only see 2 inherited IRAs in your post: one for $340k and an...
by John Laurens
Sat Dec 02, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

My recommendation is to do the following: ascertain what your mother needs to live on annually. After that, calculate what her RMD's are from both inherited IRA from mother and more recently, your grandfather (my condolences on you and your mother's loss). That combined with known earnings/pension ...
by John Laurens
Sat Dec 02, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

My mother is 64, divorced, retired.... Tax Rate: IDK, she gets a pension of $250 dollars a month until eligible for Medicare next year. After that her pension should be around $800/month. She will claim SS at 67 or 70. State of Residence: OK She/I have cost basis info already available at Fidelity....
by John Laurens
Sat Dec 02, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

John, Do you have cost basis information for the taxable stocks and bonds? With that much in taxable, you will likely want to manage the capital gains as you transition to an index portfolio. I get the sense she has "more" than she needs, but to confirm, do you have a sense of her spending? Is she ...
by John Laurens
Sat Dec 02, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

My mother is 64, divorced, retired.... Tax Rate: IDK, she gets a pension of $250 dollars a month until eligible for Medicare next year. After that her pension should be around $800/month. She will claim SS at 67 or 70. State of Residence: OK She/I have cost basis info already available at Fidelity....
by John Laurens
Sat Dec 02, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

I am sorry about your grandparents passing. Your family sounds very sweet. One thing I think you should do is educate your Mom about her finances, perhaps not in the middle of the chaos of straightening things out and simplifying, but soon, so if something happens to you, she will not be at sea. Wh...
by John Laurens
Sat Dec 02, 2017 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

John, Do you have cost basis information for the taxable stocks and bonds? With that much in taxable, you will likely want to manage the capital gains as you transition to an index portfolio. I get the sense she has "more" than she needs, but to confirm, do you have a sense of her spending? Is she ...
by John Laurens
Sat Dec 02, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you save during the year for your next backdoor.. ?
Replies: 10
Views: 823

Re: Where do you save during the year for your next backdoor.. ?

You might be overthinking this. Trying to create buckets for every purpose and guarantee safety for this bucket but not that one generally leads to that. I put it in equity index etfs, same as my other taxable investments, because that's what I do with investable money that didn't go to a tax advan...
by John Laurens
Sat Dec 02, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Re: Help me Help mom

She has quite a bit of assets. At 70. I might buy her a very nice SPIA to generate income. How much does she spend each year? Dottie, I was hoping you might respond. I have appreciated your perspective in other posts. As far as I can tell, roughly $30k per year. Her car has 30k miles on it, so it s...
by John Laurens
Sat Dec 02, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1532

Help me Help mom

My grandfather asked me years ago to “take care” of my mother when he was gone. I promised him that I would. He has recently passed, so I have a certain amount of responsibility to fulfill my promise. My mother is 64, divorced, retired, and I am her only living child. She can obviously care for hers...
by John Laurens
Sat Dec 02, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5112

Re: How do I convince my employees to invest more?

I don’t think you need to do anything different, but you can administer a plan that provides 25% employer contribution without an employee contribution.

Regards,
John
by John Laurens
Sat Dec 02, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra 50k, when, and how?
Replies: 26
Views: 1996

Re: What to do with extra 50k, when, and how?

As long as you are maxing our every tax advantaged vehicle, I would continue to save in a high yield savings account. Pay off mortgage when you have enough cash.

Regards,
John
by John Laurens
Sat Dec 02, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: Filling up the Roth IRA first
Replies: 13
Views: 1159

Re: Filling up the Roth IRA first

For those of us that contribute to a non deductible traditional IRA and then make a Roth conversion soon after, its much easier to do it once per year. Regards, John How does that work? I do have a Rollover IRA from a previous job. If your income allows you contribute to a Roth IRA outright, you do...
by John Laurens
Sat Dec 02, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: Filling up the Roth IRA first
Replies: 13
Views: 1159

Re: Filling up the Roth IRA first

For those of us that contribute to a non deductible traditional IRA and then make a Roth conversion soon after, its much easier to do it once per year.

Regards,
John
by John Laurens
Fri Dec 01, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advice Needed
Replies: 16
Views: 1127

Re: Financial Advice Needed

What’s your address?

Regards,
John
by John Laurens
Fri Dec 01, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: I'm 100% international with VEU. Is this wise?
Replies: 57
Views: 3119

Re: I'm 100% international with VEU. Is this wise?

Why did you exclude foreign developed small caps and emerging market small caps? Weird.

Regards,
John
by John Laurens
Thu Nov 30, 2017 10:59 pm
Forum: Personal Consumer Issues
Topic: Are plasma TV's gone forever?
Replies: 36
Views: 4501

Re: Are plasma TV's gone forever?

A Blu ray on my Oppo and 5 year old plasma Panasonic is still better than an uhd disc on my Samsung 4K tv.

Regards,
John
by John Laurens
Thu Nov 30, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: How much home can we afford?
Replies: 29
Views: 1696

Re: How much home can we afford?

How about a $205,000 home? You know you can afford that because you can pay cash and not have a mortgage. Regards, John I’d like to live somewhere where window bars don’t need to be a budgeted item. Thanks for the suggestion though. :happy Lol. 205k buys a nice home where I live. I would then encou...
by John Laurens
Thu Nov 30, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much home can we afford?
Replies: 29
Views: 1696

Re: How much home can we afford?

How about a $205,000 home? You know you can afford that because you can pay cash and not have a mortgage.

Regards,
John
by John Laurens
Wed Nov 29, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard Funds at TD Ameritrade
Replies: 6
Views: 511

Re: Buying Vanguard Funds at TD Ameritrade

IMO Vanguard’s i401k is very good if you are willing to solely use a TDF or LS Fund? FWIW I used to have a solo 401k at TDA and used 4 Vanguard ETF’s.

Regards,
John
by John Laurens
Fri Nov 17, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor Services/Portfolio Review
Replies: 45
Views: 3505

Re: Vanguard Personal Advisor Services/Portfolio Review

Pretty typical PAS advice. Pretty expensive advice for what amounts to a LS Fund plus a tweak or two. IMO not worth 30 basis points. Don’t get me wrong my instructions to my wife are to move to PAS upon my death.

Regards,
John
by John Laurens
Thu Nov 09, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: pick one for me..
Replies: 14
Views: 1190

Re: pick one for me..

Assuming you have a healthy EF and no other debts and you like being a landlord, I would throw everything at the rental debt.

Regards,
John
by John Laurens
Wed Nov 08, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Which HSA company to choose?
Replies: 3
Views: 481

Re: Which HSA company to choose?

I use my HSA as a triple tax advantaged investment vehicle. I’ll probably pay healthcare expenses with it in 20years or so. For now, I pay healthcare expenses with my regular checking account. If I opened an HSA today, I would use Lively. I use HSA Bank ($36 bucks a year more expensive to invest 100...
by John Laurens
Wed Nov 08, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Why put Bonds in 401k instead of stock?
Replies: 6
Views: 677

Re: Why put Bonds in 401k instead of stock?

It’s a simple answer...it depends

Regards,
John
by John Laurens
Sun Nov 05, 2017 2:02 pm
Forum: Investing - Theory, News & General
Topic: "Why You Should Choose Vanguard"
Replies: 4
Views: 843

Re: "Why You Should Choose Vanguard"

Vanguard’s solo 401k offerings are 3x more expensive than competitors Fidelity, Schwab, and TDA.

Regards,
John
by John Laurens
Sat Nov 04, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3754

Re: Investing in index funds at this moment

But what if someone is 67 years old, a year away from retirement and with lots of cash on the sidelines. Shouldn't that make someone leery of putting this money at risk after this historic run up in stock prices? Yes it definitely should make them very leery. They have proven over the last 9 years ...
by John Laurens
Sat Nov 04, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 3754

Re: Investing in index funds at this moment

OP you are probably right. Did you leverage everything you had to buy index funds 5 or 6 years ago? If not, you were wrong then. Why can’t you also be wrong now?

It’s really exhausting trying to be right all the time.

Regards,
John
by John Laurens
Sat Nov 04, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-save for healthcare?
Replies: 6
Views: 414

Re: Pre-save for healthcare?

Sure. You can save for future healthcare costs pretax in a 401k or a deductible traditional IRA (if you qualify). Regards, John And also pay the healthcare costs with tax-free withdrawals? Not with a 401k or traditional IRA. Sorry, you asked for a pre-tax way of saving for future healthcare costs. ...
by John Laurens
Sat Nov 04, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Pre-save for healthcare?
Replies: 6
Views: 414

Re: Pre-save for healthcare?

Sure. You can save for future healthcare costs pretax in a 401k or a deductible traditional IRA (if you qualify).

Regards,
John