Search found 504 matches

by ChinchillaWhiplash
Thu Sep 20, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my High-Risk Factor Portfolio
Replies: 30
Views: 2291

Re: Critique my High-Risk Factor Portfolio

If you have access to X-ray, you might want to check your portfolio with that. Would think that a lot of the SCV funds already hold a good number of REITs so you might be overweighting when you add an actual REIT fund.
by ChinchillaWhiplash
Thu Sep 20, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: self-employed professional - the best way to get things started?
Replies: 19
Views: 1505

Re: self-employed professional - the best way to get things started?

Backdoor Roth IRA contribution can be used in addition to 401k. You can't use it if you hold money in an IRA. If you are over the limit for income, you can not directly contribute to a Roth IRA. With the back door contribution, you can make a taxable contribution of $5500 to a traditional IRA and th...
by ChinchillaWhiplash
Thu Sep 20, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: Closed End Funds and Dividend Reinvestment Programs
Replies: 2
Views: 170

Closed End Funds and Dividend Reinvestment Programs

How can CEFs keep paying dividends in shares? Seems like they would run out of any that are set aside for this. Do they do share buy backs or something? Just curious as I know a lot of these funds have been around for decades.
by ChinchillaWhiplash
Wed Sep 19, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: self-employed professional - the best way to get things started?
Replies: 19
Views: 1505

Re: self-employed professional - the best way to get things started?

Just a reminder that you can only contribute 20% max of your net income. If you made $225,000 of income in your business, your business can contribute a total of $45,000. It might be more or less for a solo 401k. I would consult with a good CPA to determine the best plan.
by ChinchillaWhiplash
Wed Sep 19, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Back door Roth
Replies: 3
Views: 186

Re: Back door Roth

You can. The I in IRA is for Individual. Your stuff is totally separate.
by ChinchillaWhiplash
Tue Sep 18, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: self-employed professional - the best way to get things started?
Replies: 19
Views: 1505

Re: self-employed professional - the best way to get things started?

Best option is to set up a solo 401k for each of you if both doing separate businesses. If wife is employed with you, she can be on your solo 401k plan. You can contribute the most this way. You can contribute $18500 for each individual and the business can contribute up to another $36500 depending ...
by ChinchillaWhiplash
Tue Sep 18, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: How often do cap weighted funds get adjusted?
Replies: 16
Views: 648

Re: How often do cap weighted funds get adjusted?

Ahh, that all makes sense. Thanks for clearing that up for me. Kind of looks like VT is the way to go for a cap weighted global equities. If one were to build VT on their own, would be cap weight % of US stocks, DW stocks, EM stocks that are as close to the holdings of VT and let it roll. Only balan...
by ChinchillaWhiplash
Tue Sep 18, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: How often do cap weighted funds get adjusted?
Replies: 16
Views: 648

How often do cap weighted funds get adjusted?

For example: VT Vanguard Total World Stock ETF. How often is it adjusted to the index? Is it a set time? If there were some extreme event to throw the % way off all of a sudden, would there be adjustments to AA right away or not? Just trying to wrap my head around how this stuff works :confused
by ChinchillaWhiplash
Mon Sep 17, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my High-Risk Factor Portfolio
Replies: 30
Views: 2291

Re: Critique my High-Risk Factor Portfolio

If you are looking for high risk/potential high return, you could consider a non equity holding like an EM bond fund. Probably can't find a low cost version of this, but might be worth considering.
by ChinchillaWhiplash
Mon Sep 17, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2093

Re: Playing catch up. Best methods to grow retirement in next 10+years?

Delamer, did take your advice into consideration. My reasoning is that today a student loan has higher interest than the existing loans and I can reduce taxable income slightly via 529. So in my mind it makes sense. Still planning to be aggressive on paying down the loans though, so should be in goo...
by ChinchillaWhiplash
Mon Sep 17, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2093

Re: Playing catch up. Best methods to grow retirement in next 10+years?

Grt2bOutdoors wrote:
Mon Sep 17, 2018 11:51 am
Do you have to retire at age 62? If you work to age 65, you are two more years closer to Social Security and you have 3 more years worth of savings in hand?
That is a thought. Hopefully scale back to part time around 60 and work to mid 60's or until enough saved for full FI.
by ChinchillaWhiplash
Mon Sep 17, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2093

Re: Playing catch up. Best methods to grow retirement in next 10+years?

Have come up with some decisions based on all the recommendation posted. Our income varies from month to month due to corporate profit sharing. Get monthly bonuses that fluctuate. Also not salaried positions and it just depends on how many hours we put in each month. I have to budget each month base...
by ChinchillaWhiplash
Sun Sep 16, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2093

Re: Playing catch up. Best methods to grow retirement in next 10+years?

Other payments include a few big debts, but have planned to pay them off in the next few years. 1) Heloc that we had to get to finance our home when we converted the construction loan to a regular mortgage and the market crashed which left us stuck with our old home. Owe $38k with interest only paym...
by ChinchillaWhiplash
Sun Sep 16, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2093

Re: Playing catch up. Best methods to grow retirement in next 10+years?

Saving for retirement is the top goal at this point. Like the title says, off to a slow start and need to catch up. Not comfortable with what we have right now. Not too worried about college. Can always borrow for that not retirement. Have some in 529 for 2 kids. Around 20k in each. Could also use o...
by ChinchillaWhiplash
Sun Sep 16, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Playing catch up. Best methods to grow retirement in next 10+years?
Replies: 17
Views: 2093

Playing catch up. Best methods to grow retirement in next 10+years?

OK, finally got on track with maximum tax deferred investments that are available. Maxing out individual 401k at $55k. HSA $6900. Backdoor contribution to Roth IRA at $5500. Looking at 12-15 years or so to build up more for retirement or partial retirement. Hitting the catch-up contributions in 2 ye...
by ChinchillaWhiplash
Sun Sep 16, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Please
Replies: 8
Views: 432

Re: Portfolio Help Please

It would appear that CII and EOS have a lot of overlap in holdings. Also, CII would be much more tax efficient with most of its dividend coming from ROC. In addition it's expense ration is less and still has about the same yield. I would not buy any EOS currently either as it is selling at a premium...
by ChinchillaWhiplash
Sun Sep 16, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help Please
Replies: 8
Views: 432

Re: Portfolio Help Please

For the CEFs in taxable, be careful of the tax consequences here. They pay out higher dividends and will be taxed at you current income tax rate. They might be OK if they are set up so the dividend consists of mostly return of capital. You can check this on Morningstar. Some of these funds have it s...
by ChinchillaWhiplash
Sat Sep 15, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Then and Now - Lucky Me, Lucky You?
Replies: 10
Views: 876

Re: Then and Now - Lucky Me, Lucky You?

I'm worried about the way credit is the new norm. Prices of tuition, cars, etc are so high, most have to borrow. What happened to saving for something, lay away programs, etc. more and more stuff pushed on us that we don't really need. $1000 for a phone? Really? My Samsung flip phone cost me < $50 a...
by ChinchillaWhiplash
Sat Sep 15, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: More questions on back door conversion to Roth IRA. Does order of contributions matter?
Replies: 2
Views: 160

Re: More questions on back door conversion to Roth IRA. Does order of contributions matter?

Strayshot wrote:
Sat Sep 15, 2018 7:57 am
They are totally independent (a 401k and an IRA) so no, there is no order between the two. You can lump-sum your $5500 nondeductable IRA in at the beginning of the year and immediately convert to Roth regardless of anything related to 401k’s.
Awesome! That is what I was hoping for :sharebeer
by ChinchillaWhiplash
Sat Sep 15, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: More questions on back door conversion to Roth IRA. Does order of contributions matter?
Replies: 2
Views: 160

More questions on back door conversion to Roth IRA. Does order of contributions matter?

Do you have to max out your tax deferred space before you can contribute taxed non-deductible dollars to a traditional IRA to be converted to Roth IRA? For example for 2018 tax year you will contribute the full $18,500 of payroll deduction pre-taxed 401k contribution allowed, but over the span of an...
by ChinchillaWhiplash
Thu Sep 13, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Dumb TDF question [Target Date Fund]
Replies: 5
Views: 382

Dumb TDF question [Target Date Fund]

Was just wondering what happens after a target date has passed with AA in a target date fund? Does it stay the same after the date? As in the year 2026 with a TDF of 2025 for example. If it was set at 50/50 equities/bonds, fi at 2025, will it keep this allocation in the following years?
by ChinchillaWhiplash
Thu Sep 13, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Employer 401k match for student loan repayment?
Replies: 3
Views: 216

Re: Employer 401k match for student loan repayment?

Here is a link to one article from Forbes. Sounds like your company has to apply for it and it would be part of the employer max contribution. Not more deductible space. https://www.forbes.com/sites/camilomaldonado/2018/08/29/irs-ruling-allows-company-to-match-employees-student-loan-payments-into-40...
by ChinchillaWhiplash
Thu Sep 13, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Employer 401k match for student loan repayment?
Replies: 3
Views: 216

Employer 401k match for student loan repayment?

Anyone familiar with this and how it works? Have individual 401k that is currently maxed out on employer side and employee payroll deductions. Would love to have more space to add money on the employer side of things and we are still making student loan payments. Hope that we could be eligible for t...
by ChinchillaWhiplash
Tue Sep 11, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3596

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

Why do you think 911 Carrera doesn't meet your criteria? They are great daily drivers and hold value really well. Even if I am driving it 1500 miles per month? So how would I get a used one that will stay under warranty for the next 3 years will all those miles I would put on it? You can get an old...
by ChinchillaWhiplash
Tue Sep 11, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a point where you should stop or hold off rebalancing?
Replies: 15
Views: 1062

Re: Is there a point where you should stop or hold off rebalancing?

Thanks for all the input. Upon a recalculation with my current #s, turns out that I have the AA about where I intended. Guess after taking into consideration the overall drop across all AA the rebalance that I did a few month ago worked as intended. I am actuall low on bonds/fi. Almost to my rebalan...
by ChinchillaWhiplash
Tue Sep 11, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Is there a point where you should stop or hold off rebalancing?
Replies: 15
Views: 1062

Is there a point where you should stop or hold off rebalancing?

With Emerging Markets I have sold off some TSM to buy more EM. Have also added new monthly contribution $s to EM. It is still off balance and keeps going lower % wise. Now Developed International is getting close to my 5% rebalance point. Is there a point where it might be best to just let it ride a...
by ChinchillaWhiplash
Sun Sep 09, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7101

Re: Anyone else playing catch-up in their 40's?

Me 50 DW 47. Just got totally out of CC debt and car payments this year. Working to be totally debt free in the next 3 years. 2018 will be 1st year to max out all retirement 401k, HSA, backdoor Roth. Still have a long way to go, but income is at its greatest. No fun playing catch up, but better late...
by ChinchillaWhiplash
Sat Sep 08, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on backdoor Roth withdrawals of contribution
Replies: 19
Views: 833

Re: Confirmation on backdoor Roth withdrawals of contribution

Chinchlla, if you put $5,500 into tIRA, do not deduct it, and convert it to Roth before it has any earnings, that money is available without tax or penalty. If you put $5,500 into tIRA, do not deduct it, and convert it ALL to Roth after it earns $100, the $100 in earnings will have a 5 tax year clo...
by ChinchillaWhiplash
Sat Sep 08, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on backdoor Roth withdrawals of contribution
Replies: 19
Views: 833

Re: Confirmation on backdoor Roth withdrawals of contribution

So it is a "non-taxable conversion" and not subject to penalty or tax. All $s in the Roth are from taxed $s. Pardon my fumbling with the semantics. That is why I am asking to make sure I understand the rules correctly. Some of us (me) are relatively new to the world of finance and investing, so a lo...
by ChinchillaWhiplash
Sat Sep 08, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on backdoor Roth withdrawals of contribution
Replies: 19
Views: 833

Re: Confirmation on backdoor Roth withdrawals of contribution

I stated that this was via backdoor Roth which should imply that the contribution was made with taxed $s. Taxed $s go into the traditional IRA, then it is "converted" to a Roth IRA. Not eligible for a Roth IRA contribution due to income limits. So the backdoor option is the only way that I can contr...
by ChinchillaWhiplash
Sat Sep 08, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on backdoor Roth withdrawals of contribution
Replies: 19
Views: 833

Re: Confirmation on backdoor Roth withdrawals of contribution

I think I just did answer my question. Please confirm if I am correct.
by ChinchillaWhiplash
Sat Sep 08, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on backdoor Roth withdrawals of contribution
Replies: 19
Views: 833

Re: Confirmation on backdoor Roth withdrawals of contribution

So if under 59.5 and Roth is under 5 years old, conversion $s moved over from a traditional IRA to a Roth IRA via backdoor are subject to a penalty, correct? Once the 5 year period has passed then the conversion amount CAN be withdrawn without penalty, yes? Or am I reading this incorrectly? :confuse...
by ChinchillaWhiplash
Sat Sep 08, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on backdoor Roth withdrawals of contribution
Replies: 19
Views: 833

Confirmation on backdoor Roth withdrawals of contribution

Just wanted to confirm what I have read from past post to make sure nothing has changed since. Contributions made via backdoor Roth can be withdrawn at any time with no penalty, correct? As long as you opened the Roth for backdoor conversion and not an actual rollover of pretaxed $s in a traditional...
by ChinchillaWhiplash
Sat Sep 08, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7457

Re: Should I keep my financial advisor

I think simply review your previous year performance (inclusive of fees) compared to what your 3 fund portfolio returned. If your adviser didn't make you $5000 more than you would have made with a 3 fund - you have to ask yourself why you would pay them $5k for that.... In last 2 years, I have roug...
by ChinchillaWhiplash
Sat Sep 08, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3596

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

Lexus, Infiniti, or Accura? Those might be a better choice. Cheaper and less expensive maintenance. Comparable quality, comfort and performance.
by ChinchillaWhiplash
Thu Sep 06, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Invest for income?
Replies: 20
Views: 2008

Re: Invest for income?

There are some CEFs which have performed quite well over the last several decades. There are some that have performed better than the oldest Vanguard S&P 500 index fund. Same can be said for bond index fund. They only perform better due to dividend reinvestment. Some have even done so without the us...
by ChinchillaWhiplash
Thu Sep 06, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7457

Re: Should I keep my financial advisor

You should be able to manage your investments yourself and save a bunch of money over the long run. You do need to educate yourself in order to make the most tax efficient decisions. As a physician, you will more than likely be in a higher tax bracket. With proper investment vehicles you can reduce ...
by ChinchillaWhiplash
Thu Sep 06, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: taking home equity for credit card debt?
Replies: 19
Views: 1208

Re: taking home equity for credit card debt?

If you are paying into retirement accounts, you could cut back to just get the max employer match. Take the extra to pay off the CCs. Also, try and cut any expenses that you can and use that money to pay down CCs. Try and do another 0% transfer too. On both cards if possible. If you had to run the c...
by ChinchillaWhiplash
Wed Sep 05, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Best solution? Individual 401k issues with FA
Replies: 2
Views: 319

Re: Best solution? Individual 401k issues with FA

Hope we have it straightened out. He credited the fee back and said he would delink the account on his end.
by ChinchillaWhiplash
Tue Sep 04, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Best solution? Individual 401k issues with FA
Replies: 2
Views: 319

Best solution? Individual 401k issues with FA

Have an Individual 401k originally set up through a financial advisor. He gave control over to me and was supposed to stop taking advisor fees out every quarter. Has been 9 months and now an advisor fee has shown up. It is set up through Schwab using a 3rd party account and Ubiquity. Would it be bes...
by ChinchillaWhiplash
Tue Sep 04, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Hot Stock Advice
Replies: 6
Views: 627

Re: Hot Stock Advice

You could sell enough to get your original investment back and consider the rest as a bonus. Use the original $s to buy something else and hopefully repeat.
by ChinchillaWhiplash
Mon Sep 03, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?
Replies: 79
Views: 3143

Re: What's wrong with putting most of my money into two stocks: Alphabet and Amazon?

Could continue to do quite well for many more years. No one knows. Could also falter like the giant GE which is also a huge conglomerate that is highly diversified. Many things could bring a company down at any time. Happens to all of them at some point. Some rebound, some don't. So far, the overall...
by ChinchillaWhiplash
Sun Sep 02, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Reducing expense ratios and simplifying... perhaps with a single fund.
Replies: 11
Views: 1014

Re: Reducing expense ratios and simplifying... perhaps with a single fund.

As long as you are prepared to weather any storms in the market you should be fine with the move. If you want a little more diversification you could add an international small cap value fund but that would increase the ER.
by ChinchillaWhiplash
Thu Aug 30, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Is this ETF safe from liquidation? RZV SCV fund
Replies: 6
Views: 552

Re: Is this ETF safe from liquidation? RZV SCV fund

Thanks for the advice :sharebeer Will hold it and not worry. I guess if it ever does get closed will get NAV back and can put it all in something else of similar form for a fee of $4.95 if I do it in one transaction.
by ChinchillaWhiplash
Thu Aug 30, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: Is this ETF safe from liquidation? RZV SCV fund
Replies: 6
Views: 552

Is this ETF safe from liquidation? RZV SCV fund

I get commission free trades on this fund in i401k, so it is appealing for a SCV tilt. It is RZV Investco S&P 600 Pure Value ETF. I am worried that it does not trade enough. Inception was in 2006 but total assets only = $186m and 10 day average volume is under 5k. Worried that this could be liquidat...
by ChinchillaWhiplash
Sat Aug 25, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: What non-Vanguard ETFs will you be looking to buy?
Replies: 62
Views: 6489

Re: What non-Vanguard ETFs will you be looking to buy?

Looking at HQH (Tekla Healthcare Investors) CEF. Has been around since 1987 and has a good track record for total returns. Actually beats S&P 500 overall during it life. CAGR from 1987 to now is 13.01%. Worst year -37.59%. US market correlation 0.56. High expense ratio, but high yield also and is tr...
by ChinchillaWhiplash
Fri Aug 17, 2018 9:23 pm
Forum: Personal Consumer Issues
Topic: Info on Al-Farabi Kazakh National University
Replies: 28
Views: 2500

Re: Info on Al-Farabi Kazakh National University

US Department of State has a threat level of 1 for Kazakhstan. Same threat level as Japan which is very safe. Many major tourist destinations have a much higher warning level. This is the lowest level they have for travel advisory. https://travel.state.gov/content/travel/en/traveladvisories/travelad...
by ChinchillaWhiplash
Fri Aug 17, 2018 4:57 pm
Forum: Personal Consumer Issues
Topic: Info on Al-Farabi Kazakh National University
Replies: 28
Views: 2500

Info on Al-Farabi Kazakh National University

Anyone have any 1st hand experience with this university in Almaty Kazakhstan? My son is interested in attending for physics and astronomy BS program. We are in the US and he speaks some Russian and Kazakh, but is not fluent.
by ChinchillaWhiplash
Fri Aug 17, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?
Replies: 24
Views: 2135

Re: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?

To update, specific university he wishes to attend is Al-Farabi Kazakh National University. They have a BS program in physics and astronomy. Not quite astrophysics but a lot of course work in that field. Have relations with Kyiv National Taras Shevchenko University in Kiev, Ukrain and a paid interns...
by ChinchillaWhiplash
Thu Aug 16, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?
Replies: 24
Views: 2135

Re: Trip to Kazakhstan & Uzbekistan. Time to utilize a travel agent?

Thanks to everyone for all the info! Very aware of CU Boulder's program. Would love for him to attend there especially since it's only 6 hours drive from home. In state also. His current goal is to attend Almaty for undergrade studies and then Cal Tech for grad school. He is still in high school, so...