Search found 1600 matches

by PFInterest
Thu Aug 16, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Advice
Replies: 4
Views: 194

Re: 401k Advice

yatesd wrote:
Thu Aug 16, 2018 9:17 pm
I won't address the new allocation, but why not roll over old 401K into an IRA account with Vanguard, Fidelity, or Schwab? This will give you more flexibility long-term.
Nope stop. Backdoor rIRA.
by PFInterest
Thu Aug 16, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investing fractional dollars in small (Vanguard) accounts
Replies: 2
Views: 173

Re: Investing fractional dollars in small (Vanguard) accounts

This is probably excessively nit-picky but ... I have a couple of vanguard IRA and Roth IRAs with a single (non-Vanguard) investment with a min of $1000 additional investment Lets say I transferred $5000 in, and bought $4980 (and then $20 commission) to make a $0.00 balance Well of course for the s...
by PFInterest
Thu Aug 16, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: First time investing(401k)
Replies: 13
Views: 589

Re: First time investing(401k)

I recently got out of Debt & have saved 6 month of Emergency fund. So now I am thinking to start my Roth 401k. This will be the first time ever I am starting this. I am 32 years old and planning to contribute $1k/month in roth 401k. I have been reading books and articles to educate myself. Can you ...
by PFInterest
Thu Aug 16, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Newly Married and Hoping to Start on the Right Foot
Replies: 22
Views: 1360

Re: Newly Married and Hoping to Start on the Right Foot

Why are you doing r401k? You're in CA. What do you mean by this? I go back and forth on whether or not Roth is the right answer and a few people have alluded to the fact that I should switch. Could someone please elaborate? you should be doing traditional 401k contributions given your higher margin...
by PFInterest
Wed Aug 15, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: Anyone try to tax loss harvest and fail?
Replies: 12
Views: 893

Re: Anyone try to tax loss harvest and fail?

I haven't. But then you are taking about small losses and gains. I usually pull the trigger around 100.
Yes ETFs make it easier.
by PFInterest
Wed Aug 15, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 78
Views: 3528

Re: Take auto loan 0.9% if I can afford cash?

I will be buying a car soon. I can afford to pay cash up front. The dealer says I’m eligible for 0.9% financing for 3 years. No change in price whether paying by cash or loan. Would you take a car loan that you didn’t need? My only other debt is a home mortgage with after tax interest rate of 1.7% ...
by PFInterest
Wed Aug 15, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Moving rollover IRA to 401k- timing and lost returns.
Replies: 10
Views: 414

Re: Moving rollover IRA to 401k- timing and lost returns.

I need to move my rollover IRA to my 401k due to Mega backdoor earlier this year. My challenge is I have to liquidate my IRA, request a check, receive the check and then mail the check to 401k admin. This takes 2+ weeks. I don’t want to try and time the market, but I’m having trouble making the cal...
by PFInterest
Wed Aug 15, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k vs Sep Ira vs unique solo401k
Replies: 3
Views: 136

Re: Solo 401k vs Sep Ira vs unique solo401k

Hello all! I am in a bit of a quandary. This is the first year that I am an independent contractor as well as employed. With my employed position, I have already contributed my max 18.5k to their 401k. I have about 100k in 1099 income and I’m deciding between theses options: Sep IRA - free, but wil...
by PFInterest
Wed Aug 15, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Mark Cuban bullish on Netflix and Amazon
Replies: 21
Views: 1679

Re: Mark Cuban bullish on Netflix and Amazon

Mark Cuban is bullish on Netflix and Amazon. Does not own Tesla stock. Also, he is holding a tremendous amount of cash (which he stated at least twice). The whole short interview here: https://youtu.be/11kvtuuTvrM Thoughts? Are you keeping cash on the sidelines in case a great opportunity comes alo...
by PFInterest
Wed Aug 15, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: 401K fund allocation advice
Replies: 7
Views: 352

Re: 401K fund allocation advice

You do know you need to provide us your AA info right? Desired Asset allocation: 70% stocks / 30% bonds Desired International allocation: 30% of stocks Thanks - you need to edit your entire post to look like this: https://www.bogleheads.org/forum/viewtopic.php?t=6212 - please delete all those %, yo...
by PFInterest
Tue Aug 14, 2018 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401K fund allocation advice
Replies: 7
Views: 352

Re: 401K fund allocation advice

You do know you need to provide us your AA info right?
by PFInterest
Tue Aug 14, 2018 9:33 pm
Forum: Personal Consumer Issues
Topic: security concern older Chromebook
Replies: 4
Views: 315

Re: security concern older Chromebook

Anything that reaches end of life for updates is an issue.
by PFInterest
Tue Aug 14, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Investments that produce LTCG income.
Replies: 2
Views: 194

Re: Investments that produce LTCG income.

You have to sell something to pay LTCG which could be 0, 15, 20, or more.
by PFInterest
Tue Aug 14, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Magic Formula Results
Replies: 20
Views: 1843

Re: Magic Formula Results

no idea what that is.

if you have a SEP it should all be tracked and easy to see annualized returns.

otherwise you can XIRR the data.

kind of pointless to not include the 11 years you have....

common misconception. you should benchmark your portfolio against a similar index.
by PFInterest
Tue Aug 14, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Getting started - question on tax efficiency and AA
Replies: 5
Views: 326

Re: Getting started - question on tax efficiency and AA

Background: 35 yo, MFJ, income ~500K. Student loans to be paid off by end of this year and I would like to start saving fairly aggressively. Current holdings: 403b from previous job: about 22K, currently about 67% US stock, 18% international, 15% bonds (VBTIX) 403b from current job: about 90K, 85% ...
by PFInterest
Tue Aug 14, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PAS Recommendation
Replies: 5
Views: 622

Re: Vanguard PAS Recommendation

whats your question?
by PFInterest
Mon Aug 13, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 94
Views: 5900

Re: Retire in Florida or Alabama?

My parents live in Texas and have talked about retiring in some other state in the United States. They have considered Florida as a likely top candidate, but also have looked at Alabama. They've also considered "being retired" in Texas, but buying a house to live part of the year by the beach in ei...
by PFInterest
Mon Aug 13, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs VTSMX
Replies: 10
Views: 783

Re: VTI vs VTSMX

jbh9898 wrote:
Mon Aug 13, 2018 5:54 pm
I understand that VTI is an ETF and VTSMX is a index fund and their performance is identical.

My question is then, why would you not choose VTI with the lower fees?
I always wonder if people do the math. Do you know what (0.14% - 0.04%) x 3000 is? Or x 9,999?

Go to Starbucks. It's worse.
by PFInterest
Mon Aug 13, 2018 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs VTSMX
Replies: 10
Views: 783

Re: VTI vs VTSMX

jbh9898 wrote:
Mon Aug 13, 2018 5:54 pm
I understand that VTI is an ETF and VTSMX is a index fund and their performance is identical.

My question is then, why would you not choose VTI with the lower fees?
because you dont want to deal with ETFs.
by PFInterest
Mon Aug 13, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Personal finance Advice for mid 30s couple
Replies: 8
Views: 1547

Re: Personal finance Advice for mid 30s couple

you should be doing backdoor rIRAs.
for fun, while my spouse will disagree, i dont think 38 is mid 30s anymore haha.
by PFInterest
Sun Aug 12, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: nytimes buy vs rent calc does not consider new tax law
Replies: 8
Views: 1272

Re: nytimes buy vs rent calc does not consider new tax law

yea its not updated. you can see the initial article came out in 2014.
by PFInterest
Sun Aug 12, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple tIRA accounts-- any reason to not consolidate?
Replies: 17
Views: 1224

Re: Multiple tIRA accounts-- any reason to not consolidate?

My IRA through work is with TRowePrice. It's just a regular IRA but I do get matching and of course can save more there than outside of work-- so I will keep it for now. I won't roll other money over into it but I have access to a couple good Vanguard funds so I'll keep it. When I retire, I will se...
by PFInterest
Sun Aug 12, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: how much car can we afford?
Replies: 128
Views: 5570

Re: how much car can we afford?

really, you dont even say what you are looking at?
why is this a serious question?

you can afford a used Civic.
by PFInterest
Sun Aug 12, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Have to move some $$ into taxable
Replies: 3
Views: 405

Re: Have to move some $$ into taxable

if you need income, just spend the money...
by PFInterest
Sat Aug 11, 2018 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple tIRA accounts-- any reason to not consolidate?
Replies: 17
Views: 1224

Re: Multiple tIRA accounts-- any reason to not consolidate?

What is the IRA "through current employment?" If it is an employer SEP IRA or SIMPLE IRA, you will have to keep that separate. My IRA through work is with TRowePrice. It's just a regular IRA but I do get matching and of course can save more there than outside of work-- so I will keep it for now. I ...
by PFInterest
Sat Aug 11, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: Query IRA/ROTH IRA/401K conversion related
Replies: 4
Views: 366

Re: Query IRA/ROTH IRA/401K conversion related

you would rollover the 401k to a tIRA.
then you would convert the tIRA to a rIRA.
it is treated as income, so 18K would be added as income and taxed at whatever marginal rate that ends up being.

this is the whole idea behind Roth conversions for early retirement.
by PFInterest
Sat Aug 11, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Worth seeing comedian live if already saw their Netflix special?
Replies: 9
Views: 858

Re: Worth seeing comedian live if already saw their Netflix special?

Tom Segura is a comedian that I like, and have watched all 3 of his Netflix comedy specials. He's coming to town in a couple of months, so was considering going. Is there any good reason to see a comedian live if you've already seen their Netflix special? Not sure how much of a comedian's show is n...
by PFInterest
Sat Aug 11, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 22
Views: 1157

Re: Mutual Funds vs. ETF's

yea thats not a thing.
by PFInterest
Fri Aug 10, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Strange refund from gas co. on closed account
Replies: 6
Views: 670

Re: Strange refund from gas co. on closed account

Maybe you were overcharged....
by PFInterest
Fri Aug 10, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or Taxable Accounts
Replies: 24
Views: 1457

Re: Backdoor Roth or Taxable Accounts

Thanks all for your responses. Both me and my spouse created tIRAs to convert them to Roth later. You convert the contribution not the account. I have a tIRA with $0 in it every December, along with my Roth which has both regular contributions and converted (back door) ones. Don’t wait more than a ...
by PFInterest
Fri Aug 10, 2018 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or Taxable Accounts
Replies: 24
Views: 1457

Re: Backdoor Roth or Taxable Accounts

Thanks all for your responses. Both me and my spouse created tIRAs to convert them to Roth later. You convert the contribution not the account. I have a tIRA with $0 in it every December, along with my Roth which has both regular contributions and converted (back door) ones. Don’t wait more than a ...
by PFInterest
Fri Aug 10, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or Taxable Accounts
Replies: 24
Views: 1457

Re: Backdoor Roth or Taxable Accounts

there are step by step walkthroughs online, so no. the backdoor rIRA remains superior to taxable. What you are saying is correct, but it is not entirely accurate. Every year we have dozens of people who need help because they messed up their back door contributions to Roth IRA. For that reason, I n...
by PFInterest
Fri Aug 10, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs. Traditional 401k
Replies: 36
Views: 1845

Re: Roth 401k vs. Traditional 401k

I'm in a similar situation as the OP and I am doing 100% Roth now because I didn't have the Roth option when I started working. I'm going for a 50/50 split between the two for flexibility but will slowly convert those to Roth when I am in the 0% bracket while living off my Roth contributions. I don...
by PFInterest
Fri Aug 10, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or Taxable Accounts
Replies: 24
Views: 1457

Re: Backdoor Roth or Taxable Accounts

I'd like to say that using the back door to get money into Roth is not a forgone conclusion. Yes, it is somewhat better financially. But many people mess it up and find that unwinding their mistakes is time consuming and frustrating. It may not be worth that for some people. If you decide to use th...
by PFInterest
Fri Aug 10, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification of Emergency Fund via Money Market Fund
Replies: 6
Views: 502

Re: Diversification of Emergency Fund via Money Market Fund

who said you couldnt use a MM for your efund? I may have mis-spoke or been unclear/confused: for Schwab I was under the impression that their Purchased Money Funds were synonymous with Money Market Funds , or at least, "you can buy/sell SWVXX overnight to use as a MMF". however why wouldnt use you ...
by PFInterest
Fri Aug 10, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: I have 2 401k's need some advice.
Replies: 9
Views: 430

Re: I have 2 401k's need some advice.

I would move it to a IRA (you mention Roth IRA but you will pay taxes on all of it), unless there is a good reason to leave it. Some states may offer better protection for 401Ks vs IRAs, such as for divorce or wage garnishment or being sued. I administer a 401K plan for our small company and there ...
by PFInterest
Fri Aug 10, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4530

Re: Should I pay 6000.00 to repair wife's car....

Goodness, a 7-8 year old vehicle with 14,000 miles? Sell the car, and get her the Uber Ridesharing and/or Lyft Ridesharing APPs. Her usage is so low, probably even using taxis would save money, considering even with low mileage vehicles must be insured. Broken Man 1999 right?! this was the first po...
by PFInterest
Fri Aug 10, 2018 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification of Emergency Fund via Money Market Fund
Replies: 6
Views: 502

Re: Diversification of Emergency Fund via Money Market Fund

who said you couldnt use a MM for your efund? I may have mis-spoke or been unclear/confused: for Schwab I was under the impression that their Purchased Money Funds were synonymous with Money Market Funds , or at least, "you can buy/sell SWVXX overnight to use as a MMF". however why wouldnt use you ...
by PFInterest
Fri Aug 10, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: I have 2 401k's need some advice.
Replies: 9
Views: 430

Re: I have 2 401k's need some advice.

I would move it to a IRA (you mention Roth IRA but you will pay taxes on all of it), unless there is a good reason to leave it. Some states may offer better protection for 401Ks vs IRAs, such as for divorce or wage garnishment or being sued. I administer a 401K plan for our small company and there ...
by PFInterest
Fri Aug 10, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Diversification of Emergency Fund via Money Market Fund
Replies: 6
Views: 502

Re: Diversification of Emergency Fund via Money Market Fund

who said you couldnt use a MM for your efund?
however why wouldnt use you VMMXX at a lower cost and higher yield?
by PFInterest
Fri Aug 10, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Saving for a downpayment on a house. Help?!
Replies: 15
Views: 943

Re: Saving for a downpayment on a house. Help?!

njfastlife wrote:
Fri Aug 10, 2018 8:35 am
PFInterest wrote:
Fri Aug 10, 2018 8:08 am
yes. Ally is at 1.8% right now.
how much is 20%?
we'd feel good with $100K downpayment likely.
your home is only 500K? in NYC metro......
by PFInterest
Fri Aug 10, 2018 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Saving for a downpayment on a house. Help?!
Replies: 15
Views: 943

Re: Saving for a downpayment on a house. Help?!

yes. Ally is at 1.8% right now.
how much is 20%?
by PFInterest
Fri Aug 10, 2018 7:45 am
Forum: Investing - Theory, News & General
Topic: Offering 401k Advice to my coworkers?
Replies: 36
Views: 3135

Re: Offering 401k Advice to my coworkers?

Our company recently switched 401ks from a big-box high-fee provider to Vanguard (guess who suggested the change :mrgreen: ). Upon enrollment, you're asked to choose between tradition and roth 401ks, and to select among the dozen or so offerings that Vanguard provides. I figure most people in our c...
by PFInterest
Fri Aug 10, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs. Traditional 401k
Replies: 36
Views: 1845

Re: Roth 401k vs. Traditional 401k

It has served me well in retirement to have three pots of money, before, after, and Roth tax accounts. Gives me more flexibility. With that said though, Roth came later in my career so I am a little light in that bucket and not willing to fork over a lot of money to the government to convert. I wou...
by PFInterest
Fri Aug 10, 2018 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs. Traditional 401k
Replies: 36
Views: 1845

Re: Roth 401k vs. Traditional 401k

Current income around 330k putting me at current fed income tax rate of 32%. You need at least $339K from wage income alone to reach the 32% bracket (at which point you pay at least 32.9% due to the Additional Medicare Tax). For MFJ it takes ~$8.5 million in traditional assets to reach the 32% brac...
by PFInterest
Fri Aug 10, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs. Traditional 401k
Replies: 36
Views: 1845

Re: Roth 401k vs. Traditional 401k

Retirement investment question for the Boglehead group: I have option to start investing in Roth 401k at work. I have been in the traditional 401k. Current income around 330k putting me at current fed income tax rate of 32%. State tax about 3% Employer offers traditional 457 plan. I max 401 and 457...
by PFInterest
Thu Aug 09, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: muni bonds in 12% tax bracket
Replies: 9
Views: 1014

Re: muni bonds in 12% tax bracket

- you have no need for munis. Yes, thanks. I didn't think we had any use for muni's, but it was passed on so we are trying to respect some of his financial choices (keeping 2 whole life policies that he purchased, etc) while shedding some that make no sense in our financial plan. - behavioral issue...