Search found 48 matches

by go2run
Mon Jan 25, 2021 11:06 am
Forum: Personal Investments
Topic: Individual stocks? Hear me out.
Replies: 60
Views: 3353

Re: Individual stocks? Hear me out.

I'm not looking for anyones approvals. I just wanted to hear why it would be a bad/good idea. I was expecting more its a bad idea. These might not be good reasons, but they have been my reasons for investing in individual stocks: 1. Creating an income stream: picking stocks that not only grow in pr...
by go2run
Fri Jan 22, 2021 9:40 am
Forum: Personal Investments
Topic: High Income - should I max my 401k contributions early in the year?
Replies: 27
Views: 2428

Re: High Income - should I max my 401k contributions early in the year?

Assuming your company match is capped at some match %, no, you'd be further ahead to contribute up to over over that max throughout the calendar year. Otherwise, you'd be giving up that company match after you cut back/off the 401k contributions. If you're company matches everything w/p limit, sure...
by go2run
Mon Jan 18, 2021 9:24 pm
Forum: Personal Investments
Topic: First Time Selling From Equity Fund
Replies: 7
Views: 948

Re: First Time Selling From Equity Fund

hi friends, this is the first time I'd be selling shares from a taxable account mutual fund and seek your advice to do this right. I am thinking of trimming my taxable Vanguard Growth Index fund a bit. (I will exchange the trimmings into a combination of the Total US Stock and Total International S...
by go2run
Mon Jan 18, 2021 8:06 pm
Forum: Personal Investments
Topic: Joint Brokerage Account
Replies: 4
Views: 600

Re: Joint Brokerage Account

Greetings all! I am learning a tremendous amount reading these forums. In fact I just finished the book. I have a somewhat trivial question. I have 2 older 401ks (Voya & Fidelity) and a current 401k with Vanguard. My Wife has an old 401k with BNY Mellon. Long story short I am looking at moving ...
by go2run
Mon Jan 18, 2021 7:59 pm
Forum: Personal Investments
Topic: Intro & ubiquitous "how's my portfolio?"
Replies: 4
Views: 554

Re: Intro & ubiquitous "how's my portfolio?"

Intro See Question #3 Questions : 1. How do you feel about treating my pension plan "like" a bond fund? Its well funded and at a highly stable employer. I'm considering eliminating bonds from our retirement plans entirely to buy more stock shares for the next 5 or so years, then reintrodu...
by go2run
Tue Jan 12, 2021 10:59 pm
Forum: Personal Investments
Topic: Rebalancing over multiple accounts
Replies: 7
Views: 852

Re: Rebalancing over multiple accounts

3 wiki topics to enhance your knowledge. Tax-efficient fund placement Asset allocation in multiple accounts Rebalancing If you want simple - best to rebalance inside the largest tax-deferred account. Have 1 or 2 funds max in the other accounts. ^^^This right here. The questions you ask are all in t...
by go2run
Tue Jan 12, 2021 10:54 pm
Forum: Personal Investments
Topic: Roth MAGI too high multiple years?
Replies: 7
Views: 821

Re: ROTH MAGI to high multiple years?

Based on your question, I assume that you are file taxes as an individual? If so, the phase out range is between $124,000-$139,000. For Year 2019: If you file as an individual, and your 2019 AGI on your tax returns (Form 1040 line 8b) is over $139,000, then you can not contribute to a Roth. If that ...
by go2run
Sat Jan 09, 2021 4:29 pm
Forum: Personal Investments
Topic: When to pay taxes on index mutual funds
Replies: 12
Views: 1182

Re: When to pay taxes on index mutual funds

The first type is the dividends and capital gains distributions that are paid out by the mutual fund each year. These will be reportable as income each year, whether you choose to receive the dividends/distributions in cash or reinvest them in the mutual fund. Thank you, friends, for all your repli...
by go2run
Sat Jan 09, 2021 10:00 am
Forum: Personal Investments
Topic: Portfolio Advice: Simplifying after transferring brokerages
Replies: 9
Views: 747

Re: Portfolio Advice: Simplifying after transferring brokerages

I do have a good copy of my cost basis for all my taxable funds in case I have to add them manually but it was my understanding when using the ACAT system for transferring brokerages it should transfer over (Fidelity said to wait about 15 days) and I've read other people's cost basis transferred, s...
by go2run
Sat Jan 09, 2021 9:10 am
Forum: Personal Investments
Topic: Portfolio Advice: Simplifying after transferring brokerages
Replies: 9
Views: 747

Re: Portfolio Advice: Simplifying after transferring brokerages

May I ask why both of you suggested if I were to add bonds to do so in the tIRA and not Roth? In general it's better to put assets with higher expected growth (stocks) in Roth accounts and assets with lower expected growth (bonds) in pre-tax accounts. That's because you've already paid the taxes in...
by go2run
Fri Jan 08, 2021 6:49 pm
Forum: Personal Investments
Topic: Portfolio Advice: Simplifying after transferring brokerages
Replies: 9
Views: 747

Re: Portfolio Advice: Simplifying after transferring brokerages

Questions : 1. I want to simplify but not sure I want to do a target retirement fund, more interested in doing a total index fund, an international fund and maybe a total bond fund so I can adjust as I want to instead of an all-in-one fund. I am still unsure what to think about a bond fund, even if...
by go2run
Thu Jan 07, 2021 11:35 am
Forum: Personal Investments
Topic: Managing Parent's Finances
Replies: 14
Views: 919

Re: Managing Parent's Finances

Hi all, So my questions are: 1) What's the best way to take over control of these finances? Do I get a power of attorney, and which brokerage house would be best to use for this? I ordinarily use Vanguard but a quick search seemed to point to issues over there re: POA's. 2) As far as rebalancing, I...
by go2run
Thu Jan 07, 2021 10:28 am
Forum: Personal Investments
Topic: Friend with no 401k option.
Replies: 10
Views: 865

Re: Friend with no 401k option.

Is your friend in public employment where there might be a 403B or 457 available? I'm surprised there is not some sort of retirement savings vehicle available, unless he is working at a small company, then I understand.
by go2run
Thu Jan 07, 2021 10:01 am
Forum: Personal Investments
Topic: When to sell options?
Replies: 10
Views: 639

Re: When to sell options?

Asking when to sell a call option is really no different than asking when the right time is to sell a stock. The answer on that depends on what your investment goals are. You have one of three options: - Wait until the call expires - in which case the price of the stock at the close on expiration di...
by go2run
Thu Jan 07, 2021 9:45 am
Forum: Personal Investments
Topic: Roth 401k vs Traditional 401k
Replies: 10
Views: 849

Re: Roth 401k vs Traditional 401k

The other part is a math game, considering what SS may be, the present value of a 401K plan that is maxed every year and RMD. After evaluating the above factors I decided to max my Roth IRA, my Roth 401K, and roll my after-tax contributions to a Roth. My children all do the same. The philosophy bei...
by go2run
Wed Jan 06, 2021 4:54 pm
Forum: Personal Investments
Topic: Roth 401k vs Traditional 401k
Replies: 10
Views: 849

Re: Roth 401k vs Traditional 401k

if you want specific info about your situation, repost according to: https://www.bogleheads.org/forum/viewtopic.php?t=6212 ^^^This. Deciding whether traditional or Roth 401k is individual specific and requires an understanding of your current tax rates, balance of varying accounts (tIRA, Roth IRA, ...
by go2run
Wed Jan 06, 2021 4:47 pm
Forum: Personal Investments
Topic: Oops ! $12,000 funded to 2021 Roth, NOW WHAT ?
Replies: 23
Views: 3198

Re: Oops ! $12,000 funded to 2021 Roth, NOW WHAT ?

From her Iphone, she made one transfer(6K) from Vanguard brokerage to ROTH then another one from bank(6K) to Roth, now showing 12K in Roth money market account and both settled in on 1/4/2021. From the Vanguard app on the phone, when you go to buy or exchange into the Roth account, you have to sele...
by go2run
Wed Jan 06, 2021 1:44 pm
Forum: Personal Investments
Topic: Back door Roth - Converting Traditional IRA to Roth
Replies: 28
Views: 1613

Re: Back door Roth - Converting Traditional IRA to Roth

Please read this from the wiki: Backdoor Roth. Scroll down to the end and see the examples for the Form 8606 calculations. It was helpful for me to plug in my actual numbers and see what is happening. Your brokerage house will not do fill out this form and it is up to you or your tax preparer to get...
by go2run
Wed Jan 06, 2021 9:38 am
Forum: Personal Investments
Topic: Could use some advice on my portfolio and growth
Replies: 27
Views: 1738

Re: Could use some advice on my portfolio and growth

You are doing amazing at age 23! Keep up the great work! FOMO is real, but you know how much money your friends made in AAPL, TSLA because they told you. Did they tell you how much of their money is tied up in other stocks that maybe haven't done as well, or even lost money? Be careful to not use y...
by go2run
Wed Jan 06, 2021 9:19 am
Forum: Personal Investments
Topic: saving for retirement after maxing out 401k
Replies: 18
Views: 1794

Re: saving for retirement after maxing out 401k

Welcome to the forum :) . Hey there. My spouse and I are trying to make 2021 the year where we get our financial plan in super tip top shape, but admittedly we have a lot to learn, so appreciate patience for a newbie here. We currently max out our 401k contributions and don't qualify for a Roth IRA...
by go2run
Tue Jan 05, 2021 10:56 pm
Forum: Personal Investments
Topic: Brokerage account for retirement vs 401k high admin cost
Replies: 42
Views: 2223

Re: Brokerage account for retirement vs 401k high admin cost

If this is the case, then it is almost the same as Roth IRA, tax wise. The only thing is the dividends. You are not selling stocks in brokerage account, so there is not tax for the increase (until retirement). You will also get $10k - 20K from SS, but you will still be under 12% bracket ($40K). If ...
by go2run
Tue Jan 05, 2021 10:16 am
Forum: Personal Investments
Topic: Roth IRA Investment
Replies: 12
Views: 462

Re: Roth IRA Investment

We believe in looking at your portfolio as a whole, so it's hard to advise about VTSAX for the Roth IRA (e.g., are you diversified internationally)? But I can say shifting to U.S. Growth just by looking at recent outperformance is not a good idea, because it's performance-chasing . No one knows if ...
by go2run
Wed Dec 30, 2020 2:00 pm
Forum: Personal Investments
Topic: Order of priority for retirement accounts
Replies: 16
Views: 1334

Re: Order of priority for retirement accounts

Start with this from the wiki: Prioritizing Investments.

This will give good guidance that you can think about and apply to your situation.
by go2run
Mon Dec 28, 2020 10:58 am
Forum: Personal Investments
Topic: Raymond James exit
Replies: 26
Views: 1553

Re: Raymond James exit

Silverado, Hey i'm a rookie here lol. Could you please elaborate? Follow the process below: 1. Read your RJ account details to understand what you need to roll-over funds out of RJ to another provider. - Some will require a letter of acceptance, a notary or medallion signature guarantee, or more. -...
by go2run
Fri Dec 18, 2020 3:06 pm
Forum: Personal Investments
Topic: Sorry, another Roth vs Traditional 401k question!
Replies: 8
Views: 632

Re: Sorry, another Roth vs Traditional 401k question!

OP, Please reformat your post (edit button top right of your post). There are a lot of thoughts and opinions from the BH community regarding this topic. Having a better understanding of your current financial position and planned future position will yield better responses. Asking Portfolio Question...
by go2run
Fri Dec 18, 2020 2:54 pm
Forum: Personal Investments
Topic: Undo my 2020 Roth conversion?
Replies: 7
Views: 444

Re: Undo my 2020 Roth conversion?

From the IRS website regarding Roth Recharacterizations: "Effective January 1, 2018, pursuant to the Tax Cuts and Jobs Act (Pub. L. No. 115-97), a conversion from a traditional IRA, SEP or SIMPLE to a Roth IRA cannot be recharacterized. The new law also prohibits recharacterizing amounts rolled...
by go2run
Thu Dec 17, 2020 8:59 pm
Forum: Personal Investments
Topic: Should one stop playing the game?
Replies: 40
Views: 4039

Re: Should one stop playing the game?

As I understand, William Bernstein once shared the line, "Once you have won the game, stop playing with the money you really need." As my wife and I approach 60, our children are soon to graduate from college. We have been diligent savers and valued oriented spenders. No debts whatsoever....
by go2run
Mon Dec 14, 2020 8:20 pm
Forum: Personal Investments
Topic: Best way to get back into the market?
Replies: 53
Views: 4164

Re: Best way to get back into the market?

Just asking some simple questions. I feel there is a lot of judgement in the answers, but hey I asked for it right? If you must know I invested money when I was younger, approximately 1996. Back then whatever you threw at the dartboard went up and my professional broker quintupled my portfolio in 4...
by go2run
Thu Dec 10, 2020 10:01 pm
Forum: Personal Investments
Topic: Retirement Investing
Replies: 5
Views: 692

Re: Retirement Investing

In order to provide you with the best solution for your situation, we need additional information. Please reference the link about Asking Portfolio Questions In general, the decision to contribute to pre-tax accounts (401k) vs post-tax accounts (Roth) come down to current and future tax implications...
by go2run
Fri Dec 04, 2020 12:13 pm
Forum: Personal Investments
Topic: Fund Options - 401k
Replies: 19
Views: 732

Re: Fund Options - 401k

My question on the above is, is 30% a bit too high to be in bonds? Why not 20%, 15%, even 10%? If I dropped to 20% bonds, I could still split the remaining 80% stock (70/20/10) across the institutional, mid-cap, and small-cap, respectively. Or? As user pkcrafter said, it's up to you decide the appr...
by go2run
Fri Dec 04, 2020 11:29 am
Forum: Personal Investments
Topic: which account to put extra money? (first world problem)
Replies: 18
Views: 2198

Re: which account to put extra money? (first world problem)

Does your IRA portion also include Roth IRA? If no, consider putting the max $6,000 (for individual) per year to that (however, you may not qualify with that income as you may be over the limit, which I don't know what it is for 2021 for married couples) OP, congratulations on being set-up well. A ...
by go2run
Fri Dec 04, 2020 11:11 am
Forum: Personal Investments
Topic: Fund Options - 401k
Replies: 19
Views: 732

Re: Fund Options - 401k

Vanguard Total Bond Market Index Adm / 0.050% / 0.0000% / 0.140% / -0.1400%/ $0.00/ 3% Vanguard Institutional Index / 0.030% /0.0000% /0.140% /-0.1400% /$0.00 / 21% Vanguard Mid-Cap Index Adm / 0.050% /0.0000%/ 0.140% /-0.1400% / $0.00 / 1% Vanguard Small Cap Index Adm / 0.050% / 0.0000% /0.140%/ -...
by go2run
Thu Dec 03, 2020 9:43 pm
Forum: Personal Investments
Topic: Question about Vanguard Expenses for 401(k)
Replies: 4
Views: 398

Re: Question about Vanguard Expenses for 401(k)

Example: VCORX is "Investor" shares with a $3k minimum investment and a .25% expense ratio, but VCOBX is "Admiral" shares of the same fund but with a $50k minimum and .10% expense ratio. My husband and I are planning to put more than $50k into this fund and we'd like to pay the ...
by go2run
Wed Dec 02, 2020 10:49 pm
Forum: Personal Investments
Topic: Help Making Sense of the Portfolio Numbers
Replies: 4
Views: 569

Re: Help Making Sense of the Portfolio Numbers

What are you trying to accomplish with this information? The first step is to understand what funds you are invested in and what the total expense fees are. These are required to be published and should be readily available for you. Second, you can compare your existing fund returns to a similar Van...
by go2run
Wed Nov 18, 2020 8:39 pm
Forum: Personal Investments
Topic: 401k investing
Replies: 5
Views: 446

Re: 401k investing

Either completely go for a target retirement date fund or choose the 3-fund portfolio. Mix and match does not make sense. What are your fund options and expense ratios? This matters in that over a 20-25 year period, expense fees will add up rather quickly. As an example, when I compare the expense ...
by go2run
Wed Nov 18, 2020 7:41 pm
Forum: Personal Investments
Topic: Rebalancing of Trad IRA
Replies: 8
Views: 551

Re: Rebalancing of Trad IRA

johnny wrote: Thu Nov 12, 2020 1:45 pm Total Bond Market -- VBTLX (mutual fund) or BND (ETF). Perfect addition to a traditional IRA. :)
Yes, this. VBTLX.
by go2run
Wed Nov 18, 2020 1:35 pm
Forum: Personal Investments
Topic: 4 year portfolio check
Replies: 10
Views: 1158

Re: 4 year portfolio check

For similar comparison, after all the dust settled, here is where I landed with funds in each of the accounts: 1. Company 401k: S&P 500 Index (total fee = 0.016%) 2. Company 457: S&P 500 Index (expense ratio = 0.24%) *horrible fees but given the fund options, this is the best there is. Even...
by go2run
Tue Nov 17, 2020 10:28 pm
Forum: Personal Investments
Topic: Roth contributions using money market cash from the taxable brokerage account?
Replies: 2
Views: 394

Re: Roth contributions using money market cash from the taxable brokerage account?

Hi, I have my Roth IRA account at Vanguard. I am about to make my final Roth contribution for 2020. I am 52, so my max is $7,000. I have already contributed $5,830 ($583 a month for 10 months so far) for the year. Contributions have been via ACH from my credit union checking account. I am about to ...
by go2run
Tue Nov 17, 2020 10:01 pm
Forum: Personal Investments
Topic: 4 year portfolio check
Replies: 10
Views: 1158

Re: 4 year portfolio check

Questions: 1. Did I go crazy on the Vanguard funds as listed above. Is this an overkill? Can this be simplified? I thought of simplifying it with the 3-fund portfolio that is recommended, but I am overwhelmed with which funds to pick. Any guidance will be appreciated. 2. Might be related to Q1 - I ...
by go2run
Tue Nov 17, 2020 8:31 pm
Forum: Personal Investments
Topic: Where do I start?
Replies: 11
Views: 1195

Re: Where do I start?

A little background: I am 29 and married and starting to invest more (I should have started earlier, I know). My wife has a Roth 401K with a match through her work however she is fixing to become a stay at home mom. I have a 401K through my work where I can do Roth or Traditional. My company doesn'...
by go2run
Mon Nov 16, 2020 10:42 pm
Forum: Personal Investments
Topic: possible to buy stocks or etf in Vanguard Roth IRA?
Replies: 15
Views: 992

Re: possible to buy stocks or etf in Vanguard Roth IRA?

my Roth account was converted to a brokerage account last year. is it possible to buy individual stocks or non-vanguard etfs as part of my yearly roth ira contribution. I don't see an option to buy a stock and have it count as an IRA contribution As long as your Roth account is a brokerage account,...
by go2run
Mon Nov 16, 2020 3:13 pm
Forum: Personal Investments
Topic: Going over Roth income limit at the last second?
Replies: 10
Views: 893

Re: Going over Roth income limit at the last second?

Do you remember what time of year it was that you called Vanguard? Was it still the same year or was it after New Year's? It was in March when I was working on completing our taxes. We were close to being within the range to contribute the full amount but ended up being bumped into the income range...
by go2run
Mon Nov 16, 2020 10:41 am
Forum: Personal Investments
Topic: Going over Roth income limit at the last second?
Replies: 10
Views: 893

Re: Going over Roth income limit at the last second?

Great, thanks! On another note, is it legal or ethical to ask the employer to defer payment of those extra shifts until after the New Year? Maybe I'm just being ridiculous now, I dunno. Requesting payroll deferrals likely will not happen. Federal FLSA requires employers to establish their payroll s...
by go2run
Tue Oct 13, 2020 8:46 am
Forum: Personal Investments
Topic: Married filing jointly - 401k contribution limit
Replies: 12
Views: 1344

Re: Married filing jointly - 401k contribution limit

Is her 401k actually bad or just not great? Same question here. At a minimum, if it's not "great", at least contribute the minimum to maximize any company match. What about the pre-tax benefits you get by maximizing contributions to both 401k's? FWIW, my spouse's employer sponsored plan i...
by go2run
Mon Oct 12, 2020 11:40 pm
Forum: Personal Investments
Topic: Roth/Backdoor IRA - What to do with existing IRA?
Replies: 8
Views: 579

Re: Roth/Backdoor IRA - What to do with existing IRA?

Hi Everyone, We are going to start contributing to Roth/Backdoor IRA this year in December 14, 2020. We will have 2 x $6,000 by then. We have existing IRAs (please see the list below) with the last contributing being April 2016. 1. His Traditional IRA at Vanguard = $20,245 (last contribution made w...
by go2run
Wed Jun 03, 2020 12:24 am
Forum: Personal Investments
Topic: Does every one here only have 3 funds in their portfolios?
Replies: 131
Views: 8476

Re: Does every one here only have 3 funds in their portfolios?

You did the right thing! Simplicity of managing funds over multiple accounts is something that you will appreciate later. If I go back 6 years ago and look at my portfolio, I had 18 different funds. I have learned and am happy with the simple and efficient approach. General approach is a 4-fund app...
by go2run
Tue Jun 02, 2020 10:53 pm
Forum: Personal Investments
Topic: Does every one here only have 3 funds in their portfolios?
Replies: 131
Views: 8476

Re: Does every one here only have 3 funds in their portfolios?

You did the right thing! Simplicity of managing funds over multiple accounts is something that you will appreciate later. If I go back 6 years ago and look at my portfolio, I had 18 different funds. I have learned and am happy with the simple and efficient approach. General approach is a 4-fund appr...
by go2run
Thu May 28, 2020 8:41 pm
Forum: Personal Investments
Topic: 30 year investor - never understood Dividend hoopla
Replies: 20
Views: 1489

Re: 30 year investor - never understood Dividend hoopla

Dividends are good passive income and even the recommended index stock funds pay a dividend. I utilize the 4-fund approach recommended here but I have reserved a (small) portion of money to invest in individual stocks. Of the few stocks I have, two stocks stick out for a good comparison to this topi...