Search found 317 matches

by John Laurens
Thu Jan 18, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 47
Views: 1403

Re: 457 worth it with these fees?

Yes. I would then adjust my other accounts as part of my overall asset allocation. Did you know a nice feature of 457 plans is you can withdraw contributions any time without a 10% penalty. You do have to pay regular income taxes. Nice feature if you retire before 59.5. Regards, John John, do you k...
by John Laurens
Thu Jan 18, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 47
Views: 1403

Re: 457 worth it with these fees?

Yes. I would then adjust my other accounts as part of my overall asset allocation. Did you know a nice feature of 457 plans is you can withdraw contributions any time without a 10% penalty. You do have to pay regular income taxes. Nice feature if you retire before 59.5.

Regards,
John
by John Laurens
Thu Jan 18, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: 457 worth it with these fees?
Replies: 47
Views: 1403

Re: 457 worth it with these fees?

Yes. Depending on your tax bracket. I would max Roth’s and HSAs first though.

Regards,
John
by John Laurens
Thu Jan 18, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help with HSA with TD Ameritrade - investment choice
Replies: 3
Views: 208

Re: Help with HSA with TD Ameritrade - investment choice

Not sure what you mean by wiggle room. Those broad total stock market etfs track with little or no error. You can use a commission free etf from TDA. I choose to pay $6.95 for a one time purchase of an ETF each year with my max contribution ($6900 in 2018 for family). I have DRIP turned on. Regards,...
by John Laurens
Tue Jan 16, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: have about 400k of new money coming in
Replies: 8
Views: 1378

Re: have about 400k of new money coming in

panchilly wrote:
Mon Jan 15, 2018 10:05 pm
Thinking about putting 100% of it in VEU.

Is this wise?
Didn’t you already ask this question in December? Are you expecting different answers? There is a search function that allows you (or anyone else) to search your old posts.

Regards,
John
by John Laurens
Sat Jan 13, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401(k)-Contributing ALL net income?
Replies: 11
Views: 985

Re: Solo 401(k)-Contributing ALL net income?

Nothing wrong with Vanguard i401k. You are right that Vanguard’s i401k only allows investor shares. I recommend a Life Strategy or Target Retirement Fund if you use Vanguard’s i401k. There is no admiral share class anyway for those and you get free rebalancing built in. Disclosure. My solo 401k is w...
by John Laurens
Sat Jan 13, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services Fees
Replies: 33
Views: 2190

Re: Vanguard Personal Advisory Services Fees

I believe VPAS overcharges for what they offer. Basically a LS Fund broken into smaller parts for 30 basis points.

That being said, My wife knows to call VPAS immediately upon my death and sign up. The alternatives to VPAS are much worse.

Regards,
John
by John Laurens
Sat Jan 13, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: A few questions on taxable fund bond fund investments....
Replies: 18
Views: 1143

Re: A few questions on taxable fund bond fund investments....

Sorry, you lost me with all the market timing, macro economic, and active management “reasoning”. I have no idea what the NAV of the Vanguard Intermediate tax exempt MF will be in a few years. I do know that it will fluctuate though. You may even lose principal. If you want no risk of loss of princi...
by John Laurens
Wed Jan 10, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with a 25 million windfall?
Replies: 47
Views: 2805

Re: What would you do with a 25 million windfall?

How did it take 33 years to learn your trade (physician)?

If that’s your age, is my snot nosed nephew 60% doctor?

Regards,
John
by John Laurens
Wed Jan 10, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?
Replies: 48
Views: 6327

Re: If I have a million with Edward Jones, in 10 years, how much money has my FA made off me?

Your title and question are incongruent. Are you asking what Edward Jones charges you or your parents. If it’s your parents, you could ask them.

Regards,
John
by John Laurens
Tue Jan 09, 2018 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Magazine
Replies: 17
Views: 1786

Re: Personal Finance Magazine

I subscribe to Money Magazine. In general they promote low cost index investing, but contradict themselves with lots of market timing and sector picks. A lot like bogleheads.org posters here lately. You know the, “I’ve been out of the market for the last 8 years. I’m not a market timer, but do you t...
by John Laurens
Tue Jan 09, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: where would you start a new investment in an S&P500 type Index Fund?
Replies: 7
Views: 486

Re: where would you start a new investment in an S&P500 type Index Fund?

Hello. If you were starting fresh today and didn't have any established relationship, where would you open a new Index Fund account? Something that follows the S&P 500 or very similar. I assume criteria would be: convenience of access; costs; reputation and history of the firm. If it matters, I'm s...
by John Laurens
Mon Dec 25, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Holding cash while researching investment manager
Replies: 51
Views: 2537

Re: Holding cash while researching investment manager

I love that the advisor you are considering is a big fan of Buffett. Hopefully your advisor is following Buffett’s advice and recommending you NOT invest with him, but do your own investing in a S&P index fund and avoid advisors entirely.

Regards,
John
by John Laurens
Sun Dec 24, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: LLC - S -Corp - Strategy
Replies: 1
Views: 280

Re: LLC - S -Corp - Strategy

1. Not quite sure what you are asking in regards to taxes? Withdrawals at 65 (the age you stated) are taxed at your marginal tax rate. Assuming you weren’t using a Roth solo 401k on the employee contribution. 2. A defined benefit plan at age 25 would make little sense. It’s based on an actuarial tab...
by John Laurens
Thu Dec 21, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey Style Vanguard Portfolio?
Replies: 51
Views: 3826

Re: Dave Ramsey Style Vanguard Portfolio?

whodidntante wrote:
Wed Dec 20, 2017 8:53 pm
When you spoke to one of Dave's endorsed local providers with the heart of a teacher, what did they say?
+infinity

Regards,
John
by John Laurens
Wed Dec 20, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Is there a reason to keep a Target Retirement Fund?
Replies: 17
Views: 1766

Re: Is there a reason to keep a Target Retirement Fund?

Having millions in a TR fund within a tax advantaged account is more than acceptable.

Regards,
John
by John Laurens
Wed Dec 20, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Which one of these would cause the most taxes at Vanguard?
Replies: 9
Views: 648

Re: Which one of these would cause the most taxes at Vanguard?

rec7 wrote:
Wed Dec 20, 2017 9:50 am
John Laurens wrote:
Wed Dec 20, 2017 9:45 am
Why do you assume a boost? Could easily be a bust.

Regards,
John
Bought close to the payout date almost always a boost.
Then you should buy the one that results in the most taxes. Most taxes equals most boost.

Regards,
John
by John Laurens
Wed Dec 20, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Which one of these would cause the most taxes at Vanguard?
Replies: 9
Views: 648

Re: Which one of these would cause the most taxes at Vanguard?

Why do you assume a boost? Could easily be a bust.

Regards,
John
by John Laurens
Mon Dec 18, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 6443

Re: Can I afford it: Dodge Challenger

Nope.

Regards,
John
by John Laurens
Mon Dec 18, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Cashed out and wondering if/when to get back in
Replies: 26
Views: 3761

Re: Cashed out and wondering if/when to get back in

If your time horizon is 20+ years as you state, what happened in the last month and what will happen next month is inconsequential.

Regards,
John
by John Laurens
Mon Dec 18, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Why You Took an Adjustable Rate Mortgage?
Replies: 43
Views: 3252

Re: Why You Took an Adjustable Rate Mortgage?

I took a 5 year ARM once. I paid the mortgage in full in less than 3 years.

Regards,
John
by John Laurens
Thu Dec 14, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 164
Views: 20101

Re: New HSA provider Lively offers investments for $30/yr fee

I just completed the switch to Lively and executed my first trades today. The process was similar to jfhenton's description. -Sign up was quick and easy as described. I did get the request to upload my drivers license photo. -Service on Lively's end was excellent. The transfer papers were all done ...
by John Laurens
Wed Dec 13, 2017 10:43 am
Forum: Investing - Theory, News & General
Topic: Jim Simons Medalion fund averages 71.8% annual return
Replies: 26
Views: 4110

Re: Jim Simons Medalion fund averages 71.8% annual return

Possibly. I’ll let you know how my job interview goes.

Regards,
John
by John Laurens
Sun Dec 10, 2017 2:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 4098

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: 433

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: 1145

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: 695

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: 2731

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: 71
Views: 6719

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: 65
Views: 22344

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: 65
Views: 22344

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: 1156

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: 729

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: 611

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: 1293

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: 1378

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: 1289

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: 1289

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: 1289

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: 1659

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: 5447

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: 5447

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: 1659

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: 1659

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: 1659

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: 1659

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: 1659

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....