Search found 219 matches

by neveragain
Thu Jun 14, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 42
Views: 4286

Re: Why do we need 529?

I opened up 529 plans for my kids, but never considered a Roth as I didn't realize that was an option. I opened 529 plans for the tax advantages and to save money that could be strictly for college only. Since I"m not going to consider other options for the money that's invested. I suppose with Roth...
by neveragain
Thu Jun 14, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 48
Views: 3008

Re: Question for those who used 529 plans

I have 3 529s, one for each granddaughter. Started them right after each kid was born with an initial contribution and add to it each year on their birthdays. Kids are now 14, 12 &10. The have the moderate age-adjusted plans (similar to VG Target Retirement plans). All 3 are in positive territory. ...
by neveragain
Thu Jun 14, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 109
Views: 10386

Re: I was rear ended and the other guy wants a payout!

In my state, if you are hit from behind , it's almost always considered the other driver's fault. I bet the insurance scammers would love to be in your state. They will just cut in front of you or pull out on to your lane and time it perfectly so there's no chance for you to react. Then it's their ...
by neveragain
Thu Jun 14, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 48
Views: 3008

Re: Question for those who used 529 plans

I have 3 529s, one for each granddaughter. Started them right after each kid was born with an initial contribution and add to it each year on their birthdays. Kids are now 14, 12 &10. The have the moderate age-adjusted plans (similar to VG Target Retirement plans). All 3 are in positive territory. ...
by neveragain
Thu Jun 14, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 48
Views: 3008

Re: Question for those who used 529 plans

When I left my last job in 2009 I had a deferred comp payout of $82K. My guess is that I had about $60K in that deferred comp account that grew to the $82K. Anyway, I put the entire lump sum in a 529 for my 2 boys. That $82K grew to $217K by the time I started withdrawing funds last semester. I had...
by neveragain
Thu Jun 14, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: I was rear ended and the other guy wants a payout!
Replies: 109
Views: 10386

Re: I was rear ended and the other guy wants a payout!

In my state, if you are hit from behind, it's almost always considered the other driver's fault.
by neveragain
Thu Jun 14, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who used 529 plans
Replies: 48
Views: 3008

Question for those who used 529 plans

I'd like to ask anyone here who used a 529 to put their child through college. Did your initial investment do well over time? At what percent did it grow? Did it grow so well that it actually doubled? I know a lot depends on the economy and who the plan is with but I wanted to get an idea of how peo...
by neveragain
Mon Jun 11, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account
Replies: 9
Views: 798

Re: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account

Do you feel like the taxes you pay are too much, or are you comfortable with it?
I'm in a low tax bracket as my spouse didn't earn much over the past few years.
by neveragain
Mon Jun 11, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account
Replies: 9
Views: 798

Re: FSTVX in Taxable account

pkcrafter wrote:
Mon Jun 11, 2018 3:30 pm

Now put ITOT into the quote box at the top and you can compare tax cost ratio. Whether you should sell FSTVX now depends on taxes. The fund is up 2.6% over the last 3 months.
Would it be better to sell when the fund is up?
by neveragain
Mon Jun 11, 2018 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1956

Re: Which way to save for my child?

thanks to everyone for the responses and advice. i may do the 529 and taxable like some of you have suggested. is there any advantage to keeping the account in my name and earmarked for her or should i just do the UTMA account in her name. I know if my parents gave me a significant amount of money ...
by neveragain
Mon Jun 11, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1956

Re: Which way to save for my child?

I'm no expert but I believe I read Jack Bogle uses the UGMA/UTMA and the Vanguard Balanced fund for his grandkids. I recall him saying that he doesn't like 529 plans due to the restrictions on withdrawals. My problem with UGMA is the child receives the full balance of the money once he turns 18, th...
by neveragain
Mon Jun 11, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account
Replies: 9
Views: 798

FSTVX (Fidelity Total Market Index Fund Premium Class) in Taxable account

I currently have FSTVX (Fidelity Total Market Index Fund Premium Class) in my taxable account with Fidelity. I found out it's not that good for taxable as it has capital gains. I bought this a while back, maybe 3 months ago. I had researched it and felt it would be a good fund for my taxable account...
by neveragain
Thu Mar 08, 2018 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2641

Re: Didn't invest in my company 401K - mistake?

15 years ago was pre-fininancial crisis… how did you guys navigate that particular storm? An early IRA account I had, (pre-bogleheads via UBS) had ridiculously high fees and a small balance, so that even though the funds themselves did relatively well compared to their benchmarks, the balances neve...
by neveragain
Thu Mar 08, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2641

Re: Didn't invest in my company 401K - mistake?

wolf359 wrote:
Thu Mar 08, 2018 11:05 am

You've implied that you invested in 401ks since then, or for the past 12 years.
No, after I left that job, I had no more jobs that offered 401Ks. I started an IRA and invested money in that.
by neveragain
Thu Mar 08, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2641

Re: Didn't invest in my company 401K - mistake?

The bigger question is what did you do with your money? Did you save it somewhere else instead or just spend it? I was paying all the bills at the time when my spouse was in a MBA program. I'm just reflecting back on things and wondering how I was duped by a so-called "financial expert". I had poor...
by neveragain
Wed Mar 07, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't invest in my company 401K - mistake?
Replies: 24
Views: 2641

Didn't invest in my company 401K - mistake?

Years ago when I got married, I was paying all our bills while my spouse was in school. My company offered a 401K plan. My spouse said he would get his cousin a "financial guru" and successful investor, to look over the 401k and give me his advice on it. So his cousin told me the plan wasn't worth m...
by neveragain
Sat Feb 24, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3768

Re: The Three-Fund Portfolio

Taylor Larimore wrote:
Sat Feb 24, 2018 4:20 pm
neveragain wrote:
Sat Feb 24, 2018 4:10 pm

I haven't heard of Taylor Larrimore 3 fund portfolio. I'll have to look it up.
neveragain:

This is the link: The Three-Fund Portfolio

Best wishes.
Taylor
Thanks so much!
by neveragain
Sat Feb 24, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3768

Re: Financial proposal from Adviser

Did his original computations INCLUDE all the loads and fees from the their funds as well as his costs? Ask him what the number would be with those expenses included. I bet his original numbers did not include them. It says "Charges and Fees" on an initial 200K investment is $3,500. But it doesn't ...
by neveragain
Sat Feb 24, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3768

Re: Financial proposal from Adviser

I received a hypothetical proposal from a financial advisor with EJ, I moved all my accounts from them but still have a 529 plan with them. It's a proposal to grow my funds from around 200K to almost 800K over a span of 20 years. It would be half in American funds (index funds, bond index funds) an...
by neveragain
Sat Feb 24, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3768

Re: Financial proposal from Adviser

here you type in things like years for timelines, goals, and risk tolerance, and it will lay out a portfolio. For FREE. Ten See if it matchs up with things from other articles or tools you can find about portfolio allocations and goal and risk. https://www.schwab.com/public/schwab/investment_advice...
by neveragain
Sat Feb 24, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3768

Re: Financial proposal from Adviser

The thing is, factor tilting sometimes trails the market. You have to be committed long term. I understand why lots of people say to heck with it all and just go with a simple Taylor Larimore three fund portfolio. Simple but very cheap and very effective. Odds are pretty good that Taylor's simple p...
by neveragain
Fri Feb 23, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3768

Financial proposal from Adviser

I received a hypothetical proposal from a financial advisor with EJ, I moved all my accounts from them but still have a 529 plan with them. It's a proposal to grow my funds from around 200K to almost 800K over a span of 20 years. It would be half in American funds (index funds, bond index funds) and...
by neveragain
Wed Feb 21, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 7007

Re: Sams Club vs Costco

I've had a Costco membership for 2 years now. I like purchasing gas there but the food is a disappointment. Their frozen pizza (Kirkland brand) is the worst I've ever had. I think the pizza crust is made out of the same cardboard that it's packaged in. It was so bad I threw it in the trash. I also f...
by neveragain
Wed Feb 21, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Make sense to setup 529 for high school junior?
Replies: 19
Views: 1695

Re: Make sense to setup 529 for high school junior?

Even if not enough time, what about if he decides to go to graduate school after college? The 529 might earn enough to help him with graduate school expenses. I'd recommend a conservative growth plan for the 529 rather than an aggressive one, for such a shorter time frame.
by neveragain
Thu Feb 15, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

Given above, a first cut at restructuring your investments would look like: Roth IRA: Four-in-one fund. (Chosen retirement date ~15 years from now (65 - early 50s)). Traditional IRA: Four-in-one fund. (Ditto.) Taxable: TSM (80% of taxable equities) + TISM (20% of taxable equities) + CD ladder at Fi...
by neveragain
Wed Feb 14, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

I noticed that too. After my 2007 forum review and getting rid of the tax-inefficient investments that were pushing me into the 25% tax bracket, the use of munis helped me remain in the 15% tax bracket for 3-4 more years, meaning I got those TE dividends, PLUS all QDI was taxed at 0% :) I forgot ab...
by neveragain
Wed Feb 14, 2018 12:12 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

But as other posters have noted, you need to look at your portfolio as a whole. Once you have decided how much you want to hold in bonds, it's probably better for you to fill your IRAs with bonds, and hold stock in your taxable account. The reason is that, in your tax bracket, you pay almost no tax...
by neveragain
Wed Feb 14, 2018 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

\OP, this is an excellent thread with really good input above. But getting to basics, we need more information on what you have in tax-deferred (and Roth IRA if applicable) and in taxable. You need to look at your entire portfolio. You may be able to increase your bonds in tax deferred to your desi...
by neveragain
Tue Feb 13, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

Meaning the only thing we need to manage is our taxable investments, which should be discrete funds (not all-in-one funds, which are tax-inefficient). Thanks. I was considering a Fidelity fund that is Four-In-One. I'm wondering if that would be "tax inefficient". It's basically just four different ...
by neveragain
Tue Feb 13, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

This http://quotes.morningstar.com/chart/fund/chart?t=FUSEX says the TTM (trailing twelve month) yield is 1.6%. I believe S&P500 and TSM typically return 2-2.5%. FUSEX's current lower yield is probably due to its current high price: (stable dividends) / (current high price) = (lower TTM yield). How...
by neveragain
Mon Feb 12, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

Thanks for your response. It does seem that munis work better for people in higher tax brackets and I should move on from considering them. But I'm still going to keep all this information handy and will look into VWLTX. I may decide to invest some money in a Fidelity 500 index fund first, which wou...
by neveragain
Sun Feb 11, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

I am bumping this because I edited my OP above to include more info.
by neveragain
Sun Feb 11, 2018 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

OK I will get the info and edit my OP probably by tomorrow evening sometime.
by neveragain
Sat Feb 10, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

National muni funds are only fed tax exempt. And depending upon your tax brackets may not be recommended. Single-state muni funds can be triple tax exempt, but come with more (single-state default) risk. And depending upon your home state, may not be recommended.. I live in Texas there is no state ...
by neveragain
Sat Feb 10, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

I wasn't aware that muni bond funds were that risky.
by neveragain
Fri Feb 09, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

The expense ratio for SNTIX is 0.9%, is that a little high? It also looks like I can purchase it through Fidelity.
by neveragain
Fri Feb 09, 2018 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: From EJ to Vanguard to Schwab
Replies: 21
Views: 2273

Re: From EJ to Vanguard to Schwab

I moved all my money out of Vanguard for the same reason last year - horrible customer service. Had trouble getting people on the phone as well.
by neveragain
Fri Feb 09, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

Iliketoridemybike wrote:
Fri Feb 09, 2018 7:56 pm
SNTIX blows VWITX out of the water for returns at every interval. Check it out. 2x the Sharpe ratio and a 30% higher yield.
I have looked into this and will consider it. Morningstar says it's risk is high at 5 years although returns are high, too.
by neveragain
Fri Feb 09, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

wrl wrote:
Fri Feb 09, 2018 9:03 pm
Have you looked at your state specific funds for full triple tax free interest? I live in Maryland and invest in the Trowe MDXBX fund. BTW I have my account at fidelity and have been very happy with them.
No, I haven't but I thought all municipal bond funds were completely tax free?
by neveragain
Fri Feb 09, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

If you want to go the fund route, you'll likely want to choose from FTABX or FLTMX. Their expense ratios are 0.25% and 0.35% respectively. Both are fairly low expense, managed funds differing largely in duration and average maturity. I think both have similar credit quality, which is, overall, lowe...
by neveragain
Fri Feb 09, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

I just checked out VWITX on Morningstar. Looks like it's risk level is better than the other ones recommended by Fidelity. Returns are above average. I will see about setting this up with Vanguard. I'd like to invest around 10-20K in it. Not sure what the minimum is, though. Interesting enough morni...
by neveragain
Fri Feb 09, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

Fidelity is not your friend. Both of these funds have 4.75% front end loads and then ongoing 1% carrying loads. They will most likely lose money for years as the loads will eat all the earnings for years. The returns you see are before loads are subtracted. Thanks. I do not want loaded funds so I w...
by neveragain
Fri Feb 09, 2018 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Re: Choosing muni bond funds

dratkinson wrote:
Fri Feb 09, 2018 7:26 pm
BH Choosing muni bond funds


The short answer. Move your IRA to Vanguard and buy VWITX.

This is not in my IRA. It would be an independent investment, outside of my IRA.

I will look into VWITX if it's a good muni bond fund.
by neveragain
Fri Feb 09, 2018 6:42 pm
Forum: Personal Consumer Issues
Topic: Best Valentines Day Gift
Replies: 12
Views: 1949

Re: Best Valentines Day Gift

I don't see all the big money being spent on V Day that others do. A dinner out or a bouquet of flowers doesn't break our bank account. Never has, even when we were poorer.
by neveragain
Fri Feb 09, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing muni bond funds
Replies: 52
Views: 6200

Choosing muni bond funds

I am interested in muni bond funds to invest outside of my IRA. I am in the 10% tax bracket for 2017. (According to this calculator I found online, if that's not reliable I will need to talk to my CPA). We are in Texas , so no state income tax. In previous years, my spouse earned 80 to 100K, but las...
by neveragain
Fri Feb 09, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 4356

Re: A bill from the doctor - how/should I contest?

No knowledge, experience or opinion - just amazed at the description of "behind the scenes". I wonder if there is a CPT code for that? I'd want the code. But I likely wouldn't pay the bill and would contest it. I think it's a grab for money. I wouldn't be surprised if they're billing all their pati...
by neveragain
Fri Feb 09, 2018 3:05 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 4356

Re: A bill from the doctor - how/should I contest?

I would contest the bill. I see it as a grab for more money from their patients. Infertility patients are often seen as cash cows by the medical profession. I went through this myself for years. Saying something is "behind the scenes" is not a sufficient explanation. If for some reason, you do pay t...
by neveragain
Thu Feb 08, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Muncipal Bond funds
Replies: 6
Views: 1280

Re: Muncipal Bond funds

I am now considering: MEMTX (BlackRock), GSMIX and EMOAX. These are 3 muni bond funds recommended to me by someone at Fidelity. They are intermediate term bond funds. the MEMTX had a dividend of 2.32% and a term of 4.9 years. What I may do is, invest in all 3 of these muni bond funds just for the sa...
by neveragain
Thu Feb 08, 2018 6:03 pm
Forum: Personal Consumer Issues
Topic: Suggest coffee maker please
Replies: 113
Views: 7689

Re: Suggest coffee maker please

I've had a Krupps and it worked pretty well. I wouldn't recommend a Keurig. They're big, take up a lot of space on the counter, and the K cups are expensive unless you get a really good sale. (They also aren't good for the environment as they wind up in landfills and don't decompose). I've actually ...