Search found 216 matches

by ebeb
Sat Aug 13, 2022 11:04 am
Forum: Personal Investments
Topic: HYSA or 3/6 month t-bills
Replies: 4
Views: 485

Re: HYSA or 3/6 month t-bills

Thanks for the info. I think Schwab 1 Year Treasury Ladder seems a good option to go with after keeping 1mo expenses in HYSA:
3mo=2.58% 6mo=3.02% 9mo=3.07% 1yr=3.17% . Schwab also does auto-reinvest the ladder I believe.
by ebeb
Sat Aug 13, 2022 10:31 am
Forum: Personal Investments
Topic: HYSA or 3/6 month t-bills
Replies: 4
Views: 485

HYSA or 3/6 month t-bills

Hello,
I have about $150k in a HYSA paying 1.75% for emergency funds. I will need to pay IRS about $80k early next year. Does it make sense to keep the $80k in HYSA and put the rest in 3 or 6 month t-bills with 2.5-3% yields currently. With the assumption that t-bills are liquid enough to act as emergency funds. Any major downsides to getting back cash from t-bills quickly if needed. :confused
by ebeb
Wed Aug 10, 2022 7:58 pm
Forum: Personal Investments
Topic: A simple plan for a simple lady
Replies: 38
Views: 4398

Re: A simple plan for a simple lady

Thank you Abel, i have thought about putting part in a Total Stock Market ETF like (VTI) but wasn't sure how much. It also seems like many prefer the Index 500 funds/etf's over a Total Stock Market ETF from what I'm reading lately, and from you. There is hardly any difference between VOO and VTI pick any one, you can check their long-term returns in https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=...
by ebeb
Tue Aug 09, 2022 3:09 pm
Forum: Personal Investments
Topic: Why won't Vanguard's website remember my computer? (Always uses phone TFA)
Replies: 39
Views: 2261

Re: Why won't Vanguard's website remember my computer? (Always uses phone TFA)

Vanguard is always asking 2FA code and ignores any trusted computer for me as well. I think nowadays some companies are using a "ip trust score" for each ip address that tries to login. So if the "ip score" is below certain level for example some ip coming from overseas it will ask 2FA. Unfortunately many ISP dhcp ip address are scoring low due to various spam issues. For example my home computer never asks for 2FA but my work computer with different ISP always asks 2FA. I don't think there is any workaround for solving this trust issue :shock:
by ebeb
Thu Aug 04, 2022 5:45 pm
Forum: Personal Investments
Topic: 6 Month Treasuries for Holding Some of Our Savings?
Replies: 46
Views: 4526

Re: 6 Month Treasuries for Holding Some of Our Savings?

anon_investor wrote: Thu Aug 04, 2022 5:40 pm
Just check out rates then, buy another treasury if it makes sense.
I was wondering what happens to the purchased t-bill does it automatically convert to cash at 105 days after maturity or it sits there as a t-bill and need to be sold off manually to convert to cash in the account to buy another later.
by ebeb
Thu Aug 04, 2022 5:30 pm
Forum: Personal Investments
Topic: 6 Month Treasuries for Holding Some of Our Savings?
Replies: 46
Views: 4526

Re: 6 Month Treasuries for Holding Some of Our Savings?

MikeG62 wrote: Thu Aug 04, 2022 5:25 pm
Yeah that looks good. It is 15 weeks (105 days) to maturity, so a little over 3-months. 3-month rate was at 2.40% close of business today. You will earn 2.452% and holding period is an extra two weeks. Good job.
Thanks :happy the bigger question is what to do after 105days once it matures in schwab.com account.
by ebeb
Thu Aug 04, 2022 4:02 pm
Forum: Personal Investments
Topic: 6 Month Treasuries for Holding Some of Our Savings?
Replies: 46
Views: 4526

Re: 6 Month Treasuries for Holding Some of Our Savings?

MikeG62 wrote: Wed Aug 03, 2022 6:35 pm
If you did the comparison in mid June you might have concluded the opposite. I was buying two year Treasuries then at yields over 3.4%. In the third week in July I was buying 12-month Treasuries at yields of ~3.25%. Keep in mind these yields are state tax free.
Based on this info today I bought $1000 of US Treasury BILL 11/17/2022 CUSIP 912796W62 YTM 2.520/2.452% and cost basis was 993.06 at schwab.com. Is this ok to buy or there are better options and what is the better option to do on 11/17/2022.
by ebeb
Wed Aug 03, 2022 9:57 pm
Forum: Personal Investments
Topic: 6 Month Treasuries for Holding Some of Our Savings?
Replies: 46
Views: 4526

Re: 6 Month Treasuries for Holding Some of Our Savings?

anon_investor wrote: Wed Aug 03, 2022 9:44 pm
We now count our I Bonds as a layer of our emergency fund.
From what I read, I-bond money cannot be withdrawn for one year. Haven't had time to research what if someone really needed the money before 1 year even if some penalty, in an "emergency" :confused
by ebeb
Wed Aug 03, 2022 6:27 pm
Forum: Personal Investments
Topic: 6 Month Treasuries for Holding Some of Our Savings?
Replies: 46
Views: 4526

Re: 6 Month Treasuries for Holding Some of Our Savings?

anon_investor wrote: Wed Aug 03, 2022 6:23 pm If the US Treasury failed, then you would have bigger problems.
Even the FDIC insurance may not be worth the paper it is written on in such a case :D
by ebeb
Wed Aug 03, 2022 6:21 pm
Forum: Personal Investments
Topic: 6 Month Treasuries for Holding Some of Our Savings?
Replies: 46
Views: 4526

Re: 6 Month Treasuries for Holding Some of Our Savings?

Why bother about 6month t-bills with tiny amount of risk when you have almost same CD rates in schwab.com :shock:
Schwab's Highest-Yielding CDs by Maturity
Maturity 1 Mo 3 Mo 6 Mo 9 Mo 1 Yr 18 Mo 2 Yr 3 Yr 4 Yr 5 Yr 10 Yr
APY(%) 1 2.018 2.422 2.769 2.911 3.050 3.150 3.300 3.350 3.200 3.400
by ebeb
Fri Jul 22, 2022 1:46 pm
Forum: Personal Investments
Topic: Asking Portfolio Questions - Help Needed!
Replies: 8
Views: 707

Re: Asking Portfolio Questions - Help Needed!

sycamore wrote: Fri Jul 22, 2022 11:48 am
2. If your tax-advantaged accounts aren't large enough to hold your bond allocation, consider using municipal bonds in a taxable account. This is especially so given your high tax brackets. For DC residents, the DC government does not tax any muni income even for non-DC muni bonds (see https://otr.cfo.dc.gov/release/tax-stat ... s-repealed). Wow!
As suggested by @CyclingDuo the VTEB - Vanguard Tax-Exempt Bond ETF (seeks to track the S&P National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market.) Looking for an ETF for municipal bonds and this seems a good one to replace BND with VTEB in taxable account. :confused
by ebeb
Fri Jul 22, 2022 10:43 am
Forum: Personal Investments
Topic: Asking Portfolio Questions - Help Needed!
Replies: 8
Views: 707

Re: Asking Portfolio Questions - Help Needed!

retiredjg wrote: Fri Jul 22, 2022 9:17 am
I would not hold VOO in both taxable and the other accounts because of wash sales. Others prefer to just manage the wash sales.
Looking into moving traditional IRA balance to Vanguard i401k to do backdoor Roth seems a good idea. Only thing may be Congress is looking to close backdoor ROTH loophole but may not happen for few years. VTEB seems better choice over BND in taxable will look at it.
Selling BND at loss and move to VOO in taxable also worth considering but was keeping some money in BND in case of large down payment like a house etc. could sell taxable BND without paying a lot of capital gains.
Not sure what that means since wash sales only affect Taxable account to deduct losses and not non-taxable accounts as far as I know.
by ebeb
Thu Jul 21, 2022 8:43 pm
Forum: Personal Investments
Topic: How often do you check your portfolios?
Replies: 77
Views: 4558

Re: How often do you check your portfolios?

Once a week just making sure nobody stole my accounts :shock: .
by ebeb
Thu Jul 21, 2022 8:12 pm
Forum: Personal Investments
Topic: Asking Portfolio Questions - Help Needed!
Replies: 8
Views: 707

Re: Asking Portfolio Questions - Help Needed!

HomeStretch wrote: Thu Jul 21, 2022 8:04 pm It’s likely more tax efficient to hold 100% BND in your 401k and traditional IRA. Reduce BND in your Taxable account to maintain/reach your desired overall asset allocation.

I don’t see an I-Bond purchase listed in your annual contributions. Consider purchasing $10k annually with your available cash/emergency fund (EF).

Updated I-bond is shown under taxable very small amt. I could sell BND in taxable but would be at a loss now. Thanks.
by ebeb
Thu Jul 21, 2022 7:50 pm
Forum: Personal Investments
Topic: Asking Portfolio Questions - Help Needed!
Replies: 8
Views: 707

Asking Portfolio Questions - Help Needed!

Hello, Questions : 1. Help me optimize/allocate or build a better portfolio. Even one good idea (or more the merrier :D ) will be greatly appreciated! Thanks! --------------------------------------------------------------------------------------------------------------------------------------------------------- Emergency funds: About 18 months of expenses Debt: None Tax Filing Status: Single Tax Bracket: 35% Federal, 8.5% State State of Residence: DC Age: 55 Desired Asset allocation: 60-70% stocks / 30-40% bonds Desired International allocation: 0% of stocks (US mkt seems exposed globally also not impressive VXUS vs VOO, unless persuasive argument ) Please provide an approximate size of your total portfolio: ~$2mil+ (don't own real-estate) ...
by ebeb
Sat Jul 16, 2022 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab too many trusted devices in profile
Replies: 2
Views: 416

Re: Schwab too many trusted devices in profile

typical.investor wrote: Sat Jul 16, 2022 11:20 pm
You have no trusted devices.
Ha!

Do you use 2FA? I selected "Verify every time you login, on all devices. Select a method to get your code." with "Security Token"

Wow, and checking I noticed my previous token generator (previous phone) was still enabled. Thanks.
Good one, I have 2FA but Only on untrusted devices :D
by ebeb
Sat Jul 16, 2022 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab too many trusted devices in profile
Replies: 2
Views: 416

Schwab too many trusted devices in profile

Upon looking at my profile in Schwab account Security Center->Trusted Devices I saw 3 pages of over 20 trusted devices. I am almost certain I didnt trust that many computers while logging into Schwab account. Many of those were from 2020 and earlier logins. I went ahead and removed all those trusted devices and did a fresh login so now I only see one trusted device. Would suggest folks to review their trusted devices on Schwab account and remove any old devices you see to reduce risk of hacking. :beer
by ebeb
Sat Jul 16, 2022 9:45 am
Forum: Personal Investments
Topic: No button to cancel Vanguard Mutual Funds exchange
Replies: 40
Views: 2756

Re: No button to cancel Vanguard Mutual Funds exchange

nisiprius wrote: Sat Jul 16, 2022 9:36 am This is a long-standing issue at Vanguard.
Yes maybe an old issue but I only found out after 20 years of being a Vanguard user, guess I never tried cancel before. And I doubt anybody pays attention to those no-cancel warnings before submit button :shock:
by ebeb
Sat Jul 16, 2022 9:33 am
Forum: Personal Investments
Topic: No button to cancel Vanguard Mutual Funds exchange
Replies: 40
Views: 2756

Re: No button to cancel Vanguard Mutual Funds exchange

Stinky wrote: Sat Jul 16, 2022 8:03 am
S&P was up almost 2% on Friday.
If you reversed your Thursday order before the close of business on Friday, you made almost $100 on your $5,000 position.

Not a bad outcome. :D
One gets greedy when one sees money so now that trade has become buy and hold, so not having a cancel button turned out to be better :D
by ebeb
Thu Jul 14, 2022 7:15 pm
Forum: Personal Investments
Topic: No button to cancel Vanguard Mutual Funds exchange
Replies: 40
Views: 2756

Re: No button to cancel Vanguard Mutual Funds exchange

Faith20879 wrote: Thu Jul 14, 2022 5:23 pm
I have successfully canceled trades submitted in my taxable brokerage account. Each time I was able to catch my mistake within 5 or 10 minutes and hurried in to cancel it without any problem. The most recent one happened this past Monday. Five minutes after I submitted a buy order, I realized the mistake and was able to cancel it.
This seems to indicate that some users get a better user interface with more features like cancel trades while other unlucky users get limited account features :annoyed
by ebeb
Thu Jul 14, 2022 2:48 pm
Forum: Personal Investments
Topic: No button to cancel Vanguard Mutual Funds exchange
Replies: 40
Views: 2756

Re: No button to cancel Vanguard Mutual Funds exchange

Kenkat wrote: Thu Jul 14, 2022 2:44 pm No, you cannot cancel a transaction once it has been submitted at Vanguard.
Seems bit scary if someone accidently put in $1mil instead $1k in the order, luckily this was a smallish order :shock:
by ebeb
Thu Jul 14, 2022 2:29 pm
Forum: Personal Investments
Topic: No button to cancel Vanguard Mutual Funds exchange
Replies: 40
Views: 2756

No button to cancel Vanguard Mutual Funds exchange

Hello,

I tried to cancel this i401k mutual funds exchange but dont see any button to cancel order before 4pm EST today.

Order date Status Symbol Name Transaction type Dollars/Shares Action
07/14/2022 In Progress VUSXX Vanguard Treasury Money Market Fund Sell (Exchange) $5,000.00 —
07/14/2022 In Progress VFIAX Vanguard 500 Index Fund Admiral Shares Buy (Exchange) $5,000.00 —

Not possible to cancel in Vanguard?
by ebeb
Sun Jul 10, 2022 9:41 am
Forum: Investing - Theory, News & General
Topic: Time to slowly DCA into VOO
Replies: 9
Views: 1826

Re: Time to slowly DCA into VOO

GMCZ71 wrote: Sun Jul 10, 2022 7:15 am Yes it can! ebeb should have a plan for that event also.
One thought is to have more equities in taxable and capture losses on the way down.
No all buy/sell are only in non-taxable/IRA accounts to avoid the steep 20-30% tax on capital gains. I dont have data to compare with static 70:30 AA as most of my investments are few years only like 2019 onwards. My YTD and 1yr losses are about -15% and -9%.
by ebeb
Sat Jul 09, 2022 9:46 am
Forum: Investing - Theory, News & General
Topic: Time to slowly DCA into VOO
Replies: 9
Views: 1826

Time to slowly DCA into VOO

Hello happy saturday!

For the BINOs (bogleheads in name only :D ) out there, who try tactical asset allocation based on their reading of the markets, is anyone doing DCA back into equities like VOO at present. At 20%+ drop it seems a good time to slowly move back to equities. Granted there is still possibility of another 5-15% drop in the coming year. I had moved from 70:30 AA to 55:45 AA towards end of 2021 even though the Bonds rout this year didn't help much. And now considering moving back to 70:30 in the next year or so even though I am still down 500k or more hoping to recover better this way. Thoughts? :sharebeer
by ebeb
Tue Jul 05, 2022 10:16 am
Forum: Personal Investments
Topic: New Solo 401(k) Asset Allocation Feedback
Replies: 10
Views: 884

Re: Solo 401(k) plan documentation - look OK?

FIRENomad wrote: Fri Jun 10, 2022 6:32 pm
sycamore wrote: Sun Jun 05, 2022 10:35 am
FIRENomad wrote: Sat Jun 04, 2022 1:02 pm As far as the side note I don't think Vanguard allows me to have have VTI since it's a Solo 401k. The employee told me on the phone they only allow mutual funds under the plan.
The gentlemen on the telephone for my initial call told me only mutual fund access is available for Individual 401Ks.
Are ETFs allowed inside Vanguard i401k?? I thought only mutual funds and not ETF are currently allowed because I also want to invest in ETFs in my i401k. :annoyed
by ebeb
Wed Jun 22, 2022 7:51 pm
Forum: Personal Investments
Topic: How to move Vanguard money market fund to CD in IRA/401k
Replies: 2
Views: 242

Re: How to move Vanguard money market fund to CD in IRA/401k

Thanks this makes sense. My IRA/401k are still the old style mutual funds so I need to first upgrade them to brokerage type accounts. So that I can sell them into settlement fund and then buy CDs.
by ebeb
Wed Jun 22, 2022 7:27 pm
Forum: Personal Investments
Topic: How to move Vanguard money market fund to CD in IRA/401k
Replies: 2
Views: 242

How to move Vanguard money market fund to CD in IRA/401k

Hello,

I was trying to move some Vanguard money market fund which pays about 1% to Vanguard CDs which pay about 2%. But when I try to "Exchange" it doesn't show any option to move the money market fund to CDs. What would be the procedure to move to CD while still having the money in the same IRA/401k account.
by ebeb
Wed Jun 22, 2022 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Credit union 1 yr cd 1.75 percent ?
Replies: 23
Views: 1898

Re: Credit union 1 yr cd 1.75 percent ?

1year CDs at Schwab are giving 2.95% APY but of course interest is taxable but better than 1.75% :D

Schwab's Highest-Yielding CDs by Maturity
Maturity 1 Mo 3 Mo 6 Mo 9 Mo 1 Yr 18 Mo 2 Yr 3 Yr 4 Yr 5 Yr 10 Yr 20 Yr 30 Yr +
APY(%) 1 1.308 1.914 2.263 2.608 2.950 2.900 3.300 3.350 3.400 3.450 -- -- --
by ebeb
Wed Jun 22, 2022 4:52 pm
Forum: Personal Investments
Topic: Any 3 months CD giving greater than 2% APY
Replies: 3
Views: 639

Re: Any 3 months CD giving greater than 2% APY

Just updated the schwab CD rates table in above post. Apparently the 3-months CD went down to 1.91% but still better than elsewhere.
by ebeb
Wed Jun 22, 2022 4:35 pm
Forum: Personal Investments
Topic: Any 3 months CD giving greater than 2% APY
Replies: 3
Views: 639

Any 3 months CD giving greater than 2% APY

Hello,

I just bought a 3-month CD paying 2% at schwab.com. Just wondering if anyone seen any better rates anywhere. :beer

Schwab's Highest-Yielding CDs by Maturity
Maturity 1 Mo 3 Mo 6 Mo 9 Mo 1 Yr 18 Mo 2 Yr 3 Yr 4 Yr 5 Yr 10 Yr 20 Yr 30 Yr +
APY(%) 1 1.308 1.914 2.263 2.608 2.950 2.900 3.300 3.350 3.400 3.450 -- -- --
by ebeb
Mon May 02, 2022 2:13 am
Forum: Personal Finance (Not Investing)
Topic: Kabbage checking offering 1.1% on deposits.
Replies: 46
Views: 7562

Re: Kabbage checking offering 1.1% on deposits.

mediahound wrote: Sun May 01, 2022 10:39 pm I ended up closing my Kabbage checking account mainly because American Express themselves now has a business checking account:
Amex Business Checking seems a far better account than Kabbage since 1.1% is upto 500k instead of 100k. Unless there is some other catch.
by ebeb
Thu Apr 21, 2022 10:34 pm
Forum: Investing - Theory, News & General
Topic: [Returns of DCA vs Lump Sum]
Replies: 23
Views: 1869

Re: [Returns of DCA vs Lump Sum]

livesoft wrote: Thu Apr 21, 2022 7:26 pm
Outer Marker wrote: Thu Apr 21, 2022 8:12 am[...]The math says pretty conclusively its better to lump sum than to DCA. [...]
Probability is not certainty, so I would not use "pretty conclusively" to describe what's going on here. Plus what does "better" actually mean. Does it mean a mere 0.0001% higher performance? The data of past prices shows that DCA is better than lump sum about 33% of the time given the DCA schedule(s) looked at. And "better" ain't all that much better. I'll give you a rain check on "pretty conclusively", but let you use the term "sort of conclusively."
Not sure if maths can predict investment outcomes conclusively just as past performance cant predict the future :D
by ebeb
Tue Apr 12, 2022 9:09 am
Forum: Investing - Theory, News & General
Topic: Record Drops in BND, BLV, where are bond fund prices going?
Replies: 127
Views: 15118

Re: Record Drops in BND, BLV, where are bond fund prices going?

How much further will BND drop until it stabilizes in this cycle, its already down to 2008 price. Any guesses from the cognoscenti? :D
by ebeb
Thu Apr 07, 2022 8:14 pm
Forum: Investing - Theory, News & General
Topic: Record Drops in BND, BLV, where are bond fund prices going?
Replies: 127
Views: 15118

Re: Record Drops in BND, BLV, where are bond fund prices going?

I read this dire warning in SeekingAlpha website. How realistic is such a crazy drop in value of BND etf. Also is this 5% referring to distribution yield in which case one would perhaps need 7 years or more to get back the 30% loss for those who bought at peak. :confused

"BND would need to pay around 5% more for the ETF to offset rising inflation and more after accounting for taxes. Problematically, BND also has a 6.8-year duration, meaning a 1% rise in its yield would cause the fund to decline by 6.8%. If BND's yield were to rise by ~5%, as is necessary to offset inflation, the fund would decrease by ~30%."

https://seekingalpha.com/article/450011 ... celerating
by ebeb
Tue Apr 05, 2022 1:27 pm
Forum: Personal Investments
Topic: Retirement Mistakes
Replies: 115
Views: 27080

Re: Retirement Mistakes

RudyS wrote: Sat Apr 02, 2022 1:17 pm I'm 85 with more than enough assets for the rest of our lives and a decent legacy (hopefully). My biggest mistake was not doing Roth conversions as soon as it became possible. I would not have missed the tax hit, but now am faced with big RMDs and the IRMAA cliffs.
There seemed to have been a "conventional wisdom" that one's tax burden will be lower after retirement. Not true (at least not always). Even worse for a widow/widower.
Just count your lucky stars that you managed to be in a high-tax bracket after retirement. Most don't have that luxury. Also Uncle Sam will put your taxes to good use we hope.
by ebeb
Sat Apr 02, 2022 12:02 pm
Forum: Personal Investments
Topic: Besides VTI & VOO
Replies: 85
Views: 5714

Re: Besides VTI & VOO

nisiprius wrote: Sat Apr 02, 2022 6:49 am I use mutual funds, not ETFs, but it doesn't make any difference and I don't want to go down that rabbit hole.

I use these mutual funds myself:
VTSAX = VTI for US stocks
VTIAX = VXUS for international stocks
VBTLX = BND for "nominal" (ordinary, not inflation-indexed) bonds
VIPSX = TIP for inflation-indexed bonds
A meaningful amount in series I inflation-indexed savings bonds, which I have been buying gradually since 2000, i.e. almost from when they were first available
Glad to note that @nisiprius preferences are as simple as my choices except VTIAX. Now this makes me seriously consider moving some BND to VIPSX which I have been wondering for a while. Since VIPSX seems to be doing better nowadays with high inflation.
by ebeb
Sun Mar 13, 2022 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Max possible non-taxable accounts contributions.
Replies: 13
Views: 1003

Re: Max possible non-taxable accounts contributions.

Apparently there is also a Solo Roth 401k type which is not actually a distinct type of retirement plan, but rather just a standard Solo 401(k) plan for which the Roth feature has been enabled. Wonder what are the limits for that beyond $67,500 if any. Or perhaps combined deductible and roth contribution together cannot exceed $67500.
by ebeb
Sun Mar 13, 2022 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Max possible non-taxable accounts contributions.
Replies: 13
Views: 1003

Re: Max possible non-taxable accounts contributions.

sailaway wrote: Sun Mar 13, 2022 11:49 am If you can roll the old tIRA to a current 401k, you can open up this option.
It is a bigger pain as I have old tIRA in Schwab and Vanguard and only old 401k in Fidelity. So this will mean moving two tIRA accounts to Vanguard i401k first. And this seems a manual process as per https://www.mysolo401k.net/solo-401k/ho ... 401k-plan/

With Vanguards notorious customer service and possible screwups, looks like too much hassle with all these transactions so dont look doable by this tax season :D
by ebeb
Sun Mar 13, 2022 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Max possible non-taxable accounts contributions.
Replies: 13
Views: 1003

Re: Max possible non-taxable accounts contributions.

tashnewbie wrote: Sun Mar 13, 2022 8:32 am If you have pretax money in a Traditional IRA, i.e., money that was previously deducted on a tax return, I don’t recommend making non-deductible TIRA contributions, UNLESS you can move the pretax money into the solo 401k.
How about say the old traditional IRA money is in Vanguard but now open the non-deductible tIRA in Fidelity so as not to mix the money with old tIRA. And few days later convert the Fidelity tIRA to ROTH ira without incurring any taxes. But there does exist an old employers 401k in Fidelity but I dont think that will be affected by this conversion. Repeat again next year.
by ebeb
Sun Mar 13, 2022 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Max possible non-taxable accounts contributions.
Replies: 13
Views: 1003

Re: Max possible non-taxable accounts contributions.

How is non-deductible $7000 be kept separate from other past deductible IRA so you know which to not pay tax at withdrawal time. Will any capital gain be non-taxable like Roth IRA.
by ebeb
Sun Mar 13, 2022 12:32 am
Forum: Personal Finance (Not Investing)
Topic: Max possible non-taxable accounts contributions.
Replies: 13
Views: 1003

Max possible non-taxable accounts contributions.

Hello,

I am aware of the following max limits to non-taxable accounts contributions for a self-employed person age 50+ per year for MAGI above $140k:
i401k = $64,500
HSA = $3,600
---------------------
Total= $68,100

Are there other options to contribute greater than above amount in any other scheme, for examples will $7000 be allowed for traditional IRA. :confused
by ebeb
Tue Mar 08, 2022 10:07 pm
Forum: Investing - Theory, News & General
Topic: 2% Div/Int likelihood to continue
Replies: 4
Views: 997

Re: 2% Div/Int likelihood to continue

While bonds yield have lot of historical variations, the yield on S&P500 seem to be more consistent in recent times between 1-2% and was higher 3-5% couple off decades back. So chances of maintaining 1-2% yield is strong. Wonder if someone can live purely on dividends+SSA benefits indefinitely along with inflation protection due to rising S&P stock prices.

https://pages.stern.nyu.edu/~adamodar/N ... spearn.htm
by ebeb
Tue Mar 08, 2022 3:46 pm
Forum: Investing - Theory, News & General
Topic: 2% Div/Int likelihood to continue
Replies: 4
Views: 997

2% Div/Int likelihood to continue

Hello,
What is the likelihood that the 1.5-2% dividend/interest rate that BND and VOO are providing annually is probably the lowest bottom and may start rising eventually. Or do you think chances of rate going even lower is likely in future? Wondering since fed funds rate is already 0% and unlikely to go below in any foreseeable future with rising inflations caused by 0% rates and QE. People getting fixed income would be benefited from the rise in rates. :confused
by ebeb
Mon Feb 28, 2022 1:40 pm
Forum: Personal Consumer Issues
Topic: No foreign fee, reimburse atm fee cards besides Schwab?
Replies: 39
Views: 3698

Re: No foreign fee, reimburse atm fee cards besides Schwab?

It seems just having a Schwab Brokerage account enables you to have a Schwab One Visa Debit Card with unlimited worldwide ATM fees reimbursed monthly and no foreign txn fees. You don't even need a Schwab Bank Checking account just brokerage a/c is enough to get the debit card. Now that pandemic is abating putting my ducks in a row, so I wont get charged $5 every time for even inquiry on my BofA checking a/c while travel abroad :D .
by ebeb
Fri Feb 25, 2022 12:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22339
Views: 1901494

Re: U.S. stocks continue to soar!

UpperNwGuy wrote: Fri Feb 25, 2022 12:03 pm
ebeb wrote: Fri Feb 25, 2022 11:12 am Seemed like a good day to de-risk. Just moved 4% of my portfolio from 500index to Moneymarket fund. Now most of my retirement accounts are in bonds/MM :annoyed
But why?
Too much turbulence worldwide, war, int rate, bubbles, pandemic etc. waiting for calm waters to get back in :D
by ebeb
Fri Feb 25, 2022 11:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22339
Views: 1901494

Re: U.S. stocks continue to soar!

Seemed like a good day to de-risk. Just moved 4% of my portfolio from 500index to Moneymarket fund. Now most of my retirement accounts are in bonds/MM :annoyed
by ebeb
Wed Feb 23, 2022 4:37 pm
Forum: Personal Investments
Topic: Portfolio Review & guidance on withdrawals
Replies: 100
Views: 7950

Re: So nervous, scared. . . please hold my hand

Each month you delay taking social security benefit your monthly benefit amount will increase at 8% per year rate until age 70. So delaying even few months or years will increase your take home for example 1 year delay $1800*1.08=$1944/month so consider ways of delaying SS benefits if possible. And with inflation and COLA adjustment it may even exceed $2000 at some point.
by ebeb
Mon Feb 21, 2022 1:37 pm
Forum: Personal Investments
Topic: First Post Very disappointed in Vanguard
Replies: 77
Views: 10690

Re: First Post Very disappointed in Vanguard

As a less active investor, I just login into Vanguard maybe once a week look at the fund values up/down and couple of times a year contribute some ira/401k or do some AA changes online. For such simple stuff Vanguard works pretty good. However it makes sense to have your investments spread across two brokerages so that if one becomes a pain you have the other to fall back without having to sell/transfer and incur cap-gain tax in taxable accounts and not having all eggs in one basket :D .
by ebeb
Thu Feb 17, 2022 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Premiums with GEICO?
Replies: 17
Views: 1422

Re: Umbrella Premiums with GEICO?

Geico DC area, $2mil umbrella for $240/yr. Also have auto with them but no homeowners.