Search found 9 matches

by dustydinkleman
Thu Jun 21, 2018 5:25 pm
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

Thank you for the suggestions, everyone. This is extremely useful information and things I’d never otherwise think about.

Duckie- I am going to model my portfolio after your suggestions. I think I need the diversity you mention. Right now I have way too many eggs in one basket for my tastes. The breakdowns are great as well. Cannot thank you enough.

I will return to my usual board lurking, but I’m sure I’ll return in the future with further questions...
by dustydinkleman
Wed Jun 20, 2018 8:15 pm
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

You've expressed a desire to have some of your assets so invested, but you haven't said how much. I think at the very least you should have 10% of your assets in bonds, which is a 90/10 asset allocation (AA). I am holding an additional 10K in a MMK account as my emergency fund/reserve. Otherwise, I am very comfortable with an aggressive (AA). I think 90/10 is what i desire right now as well. I will let it ride through the inevitable ups and downs. My only slight concern with an aggressive AA is I live in a HCOL area and I may want to purchase a home one day after getting tired of shelling out money for rent, but overall I find them to be bad investments for a single person. Obviously if I lose a huge chunk of the 25K, my down payment money...
by dustydinkleman
Wed Jun 20, 2018 6:39 pm
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

If you're going to hold the bonds for 10 years you might as well hold them in your 401k instead of taxable. Then put only stocks (total US stock & total international stock) in your Roth IRA and taxable. Do you have a decent low-cost bond option in your 401k? List all the options in your 401k. We need the fund names, ticker symbols, and plan expense ratios. Right now you have $3K in taxable invested in VGTSX and another ~$22K available for investing. You have ~$12K in the Roth IRA in VTSAX. How much do you have in your 401k? Currently sitting on 75K right now in my traditional 401K, 100% in VINIX. Sitting on another 25K in cash. Below are all my 401K options available: AllianzGI Technology Fund Institutional Class-DRGTX- 1.25% Dodge &a...
by dustydinkleman
Wed Jun 20, 2018 2:55 pm
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

Appreciate the help.

So, it is wise to exchange VTSAX in the ROTH for a split of VGTSX and VBMFX and then purchase VTSAX only in the taxable account?

I guess I am trying to better understand the taxes. Hypothetically if I was to purchae VBMFX in the taxable, what is the long term dollar damage if i let it sit for like, 10 years? That is what I am struggling to grasp.
by dustydinkleman
Wed Jun 20, 2018 10:52 am
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

Okay, so I have done a bit more research on this, and I think I messed up the way my portfolio should be setup. Currently my 401K is 100% invested in VINIX, which i am comfortable with at the moment. Currently my ROTH is 100% invested in VTSAX, which i thought was the right move, but I think might be wrong. As I look to place additional money in the taxable account ( purchasing VGTSX and VBMFX), it occurred to me that I probably wanted to have VTSAX in the taxable account instead of those 2. Would it be wise to exchange VTSAX in the ROTH for a split of VGTSX and VBMFX and then purchase VTSAX only in the taxable account? Note: I only have like ~12K in ROTH at the moment and 3K purchased of VGTSX in the taxable the other day. ----------------...
by dustydinkleman
Wed Jun 20, 2018 8:09 am
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

Okay, so I have done a bit more research on this, and I think I messed up the way my portfolio should be setup.

Currently my 401K is 100% invested in VINIX, which i am comfortable with at the moment.

Currently my ROTH is 100% invested in VTSAX, which i thought was the right move, but I think might be wrong.

As I look to place additional money in the taxable account ( purchasing VGTSX and VBMFX), it occurred to me that I probably wanted to have VTSAX in the taxable account instead of those 2.

Would it be wise to exchange VTSAX in the ROTH for a split of VGTSX and VBMFX and then purchase VTSAX only in the taxable account?

Note: I only have like ~12K in ROTH at the moment and 3K purchased of VGTSX in the taxable the other day.
by dustydinkleman
Tue Jun 19, 2018 8:53 am
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

VBINX is the balanced index fund of about 60% total US stock market index (like VTSAX) and 40% Total US bond index (like VBTLX)). If you buy it, then it will be just like buying VTSAX and VBTLX. So the risk is there and you are only fooling yourself into a mental accounting trick. Both VTSAX and VBTLX lose money from time to time which means that VBINX will lose money sometimes, too. If you are going to lose money anyways, then you might as well do it in the most tax efficient way possible. This helps, thank you. Out of curiosity, is there any other funds I should be looking at or any other suggestions you may have? I have seen VGTSX mentioned for additional international exposure as well. If not, I will just split it in VTSAX and VBTLX as...
by dustydinkleman
Tue Jun 19, 2018 7:37 am
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Re: Taxable Investment Help

I guess the thing I do not understand if i invest in VBINX through the taxable account is the tax piece. Is it really that significant? I know it is depedent upon my own tax bracket (15%) to some extent, but I cannot seem to gather much information on it.
by dustydinkleman
Mon Jun 18, 2018 12:30 pm
Forum: Personal Investments
Topic: Taxable Investment Help
Replies: 21
Views: 2482

Taxable Investment Help

Hello everyone, Little bit of background: I am currently 28 years old and single. I have no debt, and am currently maxing out my 401K and ROTH. I have about 25K sitting in an online MMK account earning roughly 1.6%. I see no reason I should need this money in next 5+ years, so I was considering investing it via a taxable account. Essentially I view this money to be used as a possible down payment in the future for a house, but I am also comfortable renting and am not locked into that thought by any means. After some further research, it looks like VTSAX is the preferred choice. However, my ROTH is currently 100% invested in VTSAX already and my 401K shares similar attributes as well. I think I want to be a bit more conservative with this mo...