Search found 90 matches

by emlowe
Wed Oct 10, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: After-tax Contributions & In-Plan Conversion
Replies: 3
Views: 175

Re: After-tax Contributions & In-Plan Conversion

P&C, this is the Mega Back Door: https://www.bogleheads.org/wiki/After-tax_401(k) The limit is 55k - "normal" employee contributions - employer contributions for the "After-Tax" portion. So if you max out your regular 401(k) contribution of 18.5 and your company does not contribute, then your after-...
by emlowe
Fri Jul 20, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Bond ETF with the shortest Duration
Replies: 14
Views: 1262

Re: Bond ETF with the shortest Duration

Dear whodidntante, Tank you for pointing me to ICSH or BIL. Kind Regards, Hiraclis I'm curious, does IB not have an ETF screener? In any event, using the Fidelity ETF screener, I see a few options: ISHARES SHORT TREASURY BOND ETF (SHV) ER: 0.15 ISHARES FLOATING RATE BOND ETF (FLOT) ER: 0.20 - note ...
by emlowe
Wed Jul 18, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 30
Views: 3460

Re: Fidelity Portfolio Advice Please

For California Munis, at Fidelity you can get Fidelity® California Limited Term Tax-Free Bond Fund (FCSTX) ER: 0.47 Fidelity® California Municipal Income Fund (FCTFX) ER: 0.46 or commission-free iShares California Muni Bond ETF (CMF) ER: 0.25 I would put bonds in your tax-preferred accounts as much ...
by emlowe
Wed Jul 18, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 30
Views: 3460

Re: Fidelity Portfolio Advice Please

Just for clarification....ITOT is not a Fidelity product. It is an iShares product that you can buy at Fidelity (commission free I assume). It is also not a total market index fund. Instead, it follows the S&P 500 Index which is only a portion of the total US market. In reality, the 500 Index and t...
by emlowe
Wed Jul 18, 2018 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Received a ESOP payout...what to do with it?
Replies: 8
Views: 1046

Re: Received a ESOP payout...what to do with it?

You are basically 75/25 now. A change to 70/30 seems hardly material.

Now, if I was 62 with 6M of assets, I'd claim victory and probably go to 30/70.
by emlowe
Wed Jul 18, 2018 12:33 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Portfolio Advice Please
Replies: 30
Views: 3460

Re: Fidelity Portfolio Advice Please

Fidelity has everything you need IMO. It has a number of low-cost Fidelity Mutual Funds and a number of commission-free ETFs as well. There are a few things that are better at Vanguard, but I prefer Fidelity. The wiki link on Fidelity has lots of good info: https://www.bogleheads.org/wiki/Fidelity Y...
by emlowe
Tue Jul 17, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: Vtip short term tip etf ??
Replies: 11
Views: 660

Re: Vtip short term tip etf ??

Fidelity has Fidelity® Inflation-Protected Bond Index Fund (Investor Class: FSIQX) ER: 0.19 or (Premium Class: FSYIX) ER: 0.09

No idea if you can purchase that anywhere other than Fidelity. And it's not short-term, more Intermediate I think
by emlowe
Mon Jul 16, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to buy a north los altos house (SF Bay Area)?
Replies: 18
Views: 2017

Re: Strategy to buy a north los altos house (SF Bay Area)?

I don't know your complete financial picture, but I thought I would tell you what I would do. - I would not get a 1+million dollar mortgage on a 3+million dollar house (fyi, property taxes alone would be >30k year) and have more or less nothing else. I would do this: - Take my taxable portfolio and ...
by emlowe
Mon Jul 16, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to buy a north los altos house (SF Bay Area)?
Replies: 18
Views: 2017

Re: Strategy to buy a north los altos house (SF Bay Area)?

You have a child under 2. You are planning on moving and saddling yourself with pretty heavy debt because of a school they might go to in roughly 12 years. As gotester2000 said "If you live in your current home you will be FI a lifetime earlier" - I would say like within those 12 years you will be F...
by emlowe
Mon Jul 16, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 7213

Re: Are Credit Cards Actually Convenient?

At some stores, the chip readers are significantly slower than the old "swipe" method, but it's not a huge deal. Yes.. I wonder how and when restaurants will use the chip readers? My guess is that fraud must be going up at restaurants that still use the swipe. The issuers have said that if a vendor...
by emlowe
Mon Jul 16, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 7213

Re: Are Credit Cards Actually Convenient?

Paying at the counter will be OK with the chip. BUT some restaurants you always pay the waiter - at the table and he/she takes the card. And? The waiter then goes to their station and puts the card in the chip reader. It's no different. My newest card from Capital One has the chip and the contactle...
by emlowe
Mon Jul 16, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 7213

Re: Are Credit Cards Actually Convenient?

At some stores, the chip readers are significantly slower than the old "swipe" method, but it's not a huge deal. Yes.. I wonder how and when restaurants will use the chip readers? My guess is that fraud must be going up at restaurants that still use the swipe. The issuers have said that if a vendor...
by emlowe
Sun Jul 15, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are Credit Cards Actually Convenient?
Replies: 91
Views: 7213

Re: Are Credit Cards Actually Convenient?

The chip in the card protects from someone stealing my physical credit card and using it to rack up thousands in charges? :oops: Basically, the issuer is willing to accept this risk, because in truth it is pretty low that someone will steal your physical card AND you won't report it within some rea...
by emlowe
Sun Jul 15, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy to buy a north los altos house (SF Bay Area)?
Replies: 18
Views: 2017

Re: Strategy to buy a north los altos house (SF Bay Area)?

Are the schools really that bad where you currently live? How about a public charter school? (There are any number of good ones in the bay area, including Bullis in Los Altos) Your 40k in income you are currently getting from your 1 million would cover 2 kids at Bellarmine (20k tuition) - so even a ...
by emlowe
Sun Jul 15, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 28518

Re: Torn between Vanguard, Fidelity and Schwab

I have consolidated (for the most part) at Fidelity. I do have accounts at Vanguard. I know nothing about Schwab Here are the elements I like about Fidelity: * Website: At the time I consolidated, Fidelity was far above Vanguard. I still think it's much better. * Mobile app * Customer Service/online...
by emlowe
Sat Jul 14, 2018 12:59 am
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 17209

Re: Direct Real Estate Returns

michaelsieg wrote:
Sat Jul 14, 2018 12:11 am
It surprises me, that on this forum direct real estate is not looked at as another way to diversify one's portfolio and is being criticized so often.
As a diversifier is it any different from holding REITs ? (say FSRVX or VGSIX)
by emlowe
Fri Jul 13, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: New To The Backdoor Thing. Help Me Understand.
Replies: 14
Views: 2097

Re: New To The Backdoor Thing. Help Me Understand.

midagelawyer. You should start from the position that you probably CANNOT do the Mega BackDoor. It remains modestly rare in the 401(k) world from following this board. Your Roth 401(k) may not be the mega back door. Typically when a 401(k) talks about "Roth 401(k) contributions" those are simply PAR...
by emlowe
Thu Jul 12, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Money Market Funds for everyday expenses
Replies: 35
Views: 6260

Re: Fidelity Money Market Funds for everyday expenses

This sounds interesting. Am i undressing your process correctly below? Setup: A) a CMA account B) a brokerage account (for the sake of this example, i'm assuming this account is just used for the MM fund) Process: 1) Buy MM fund in account B with excess cash 2) Set cash manager in account A with a ...
by emlowe
Wed Jul 11, 2018 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Recurring investments in taxable account
Replies: 26
Views: 2120

Re: Recurring investments in taxable account

SPDR® Portfolio Total Stock Market ETF (SPTM) - ER: 0.03

If you want a mutual fund, it looks like at TDA you have less then great choices.

SSgA S&P 500 Index Fund N Class (SVSPX) - ER: 0.16

And a few others with higher ER
by emlowe
Mon Jul 09, 2018 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: After-tax contributions to 401(k)?
Replies: 25
Views: 1912

Re: After-tax contributions to 401(k)?

Why would you chose to convert in plan versus doing the mega-backdoor Roth? Just simplicity and the great 401(k) protections? I did the in-plan conversion mostly because the Paper Form to do so was very simple (1/2 page) and seemed specifically designed for this after-tax process, whereas the in-se...
by emlowe
Sat Jul 07, 2018 12:54 am
Forum: Personal Finance (Not Investing)
Topic: Can I finance a new home abroad (Carribean)???
Replies: 53
Views: 4697

Re: Can I finance a new home abroad (Carribean)???

I don't know much about REI. I initially thought this was the craziest thing I've read on Bogleheads, until you said you have family in the direct area and visit regularly. So here is my wholly uneducated opinion: It does not matter what the local rates are for the mortgage - 15%, 20% - it's not imp...
by emlowe
Fri Jul 06, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/Cons for EMPLOYER allowing after-tax 401(k) contribution and in-service withdrawal?
Replies: 13
Views: 1420

Re: Pros/Cons for EMPLOYER allowing after-tax 401(k) contribution and in-service withdrawal?

My company recently starting offering this - it's a fairly large bay area tech corp (but not FAANG).

Why they did so, I do not know - but the HR dept advertised it as a real perk - so I suspect it was for employee retention.
by emlowe
Tue Jul 03, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: E-Trade and mega backdoor Roth
Replies: 30
Views: 1533

Re: E-Trade and mega backdoor Roth

Thanks jacoavlu!

https://www.mysolo401k.net/mega-back-do ... 401k-plan/

So it looks like MySolo401k offers this explicitly. Good to know
by emlowe
Tue Jul 03, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: E-Trade and mega backdoor Roth
Replies: 30
Views: 1533

Re: E-Trade and mega backdoor Roth

Mega Roth requires "after-tax" contributions. These are NOT Roth contributions. There are 2 types on 401k contributions: A) Elective Deferrals (max: 18,500): These can be pre-tax or after tax (roth 401k) - This is not mega (note, there is no need to backdoor these contributions as they are already e...
by emlowe
Tue Jul 03, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Widower~Advice on investment changes made so far...
Replies: 6
Views: 831

Re: Widower~Advice on investment changes made so far...

Thank you for the great advice mhadden1. I didn't know about the CD calculator online to help decide if and when I should replace the CD I have for one with higher returns. I will look into it. Do you know of a particular calculator that you especially like? When I meet with my accountant again, I'...
by emlowe
Mon Jul 02, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Fees For Bond Purchases
Replies: 8
Views: 698

Re: Fidelity Fees For Bond Purchases

For muni bond funds Fidelity also offers a bunch of iShares ETFs commission-free which have lower ER than the fidelity funds

eg: iShares New York Muni Bond ETF (NYF) (ER: 0.25)

Still more than Vanguard though.
by emlowe
Mon Jul 02, 2018 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: RSU Strategy
Replies: 10
Views: 956

Re: RSU Strategy

I sell immediately

To echo what everyone else said, it's essentially a paycheck bonus but paid in stock. If given a "normal" paycheck bonus would you turn around and buy the stock? In my case, that's a pretty solid no.
by emlowe
Mon Jul 02, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for my employer’s ESPP?
Replies: 27
Views: 1509

Re: Strategy for my employer’s ESPP?

As I mentioned I wouldn't participate. The typical advice is to sell immediately because I like guaranteed free money. Your guaranteed free money is so small, and with all the added tax stuff, it's not worth it to me. Now, if you don't sell immediately - IMO you are basically investing in your compa...
by emlowe
Mon Jul 02, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: VMSXX - Calif Tax-Free equivalent?
Replies: 4
Views: 387

Re: VMSXX - Calif Tax-Free equivalent?

There are also two Muni Bond funds:

Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX) (ER: 0.19)
Vanguard California Long-Term Tax-Exempt Fund (VCITX) (ER: 0.19)
by emlowe
Mon Jul 02, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for my employer’s ESPP?
Replies: 27
Views: 1509

Re: Strategy for my employer’s ESPP?

Only by selling immediately are you getting guaranteed free money - even with the fees. If you hold, then you risk losing money if the stock drops. The tax implications on disqualifying losses are not in your favour. You have to pay W2 income on the 5% regardless and claim ST losses if the stock dro...
by emlowe
Mon Jul 02, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Indexing Help
Replies: 9
Views: 973

Re: Beginner Indexing Help

If you want a REIT, both Vanguard and Fidently have a REIT index fund: (information from wiki: https://www.bogleheads.org/wiki/Real_estate_investment_trust Fidelity® Real Estate Index Fund FSRVX (ER: 0.09) Vanguard REIT Index Fund Admiral Shares VGSLX . (ER: 0.12) Vanguard REIT Index Fund ETF Shares...
by emlowe
Mon Jul 02, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity check for retiree asset allocation heavy on CDs
Replies: 20
Views: 1889

Re: Sanity check for retiree asset allocation heavy on CDs

On I Bonds - you can do 10k for a trust as well - so a married couple with a trust could do 30k/yr in I-Bond purchases (yourself, spouse, and trust)

(There is some debate that you could create numerous trusts for the purposes of purchasing more)
by emlowe
Mon Jul 02, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for my employer’s ESPP?
Replies: 27
Views: 1509

Re: Strategy for my employer’s ESPP?

Well, free money or not, I don't think I'd bother with it. Assuming you have 24 pay periods every year, that is 24 separate ESPP lots you need to track and manage and INPUT into your taxes. Just entering that data into Turbotax would dissuade me from doing it, even for $500. And if you hold, you eas...
by emlowe
Mon Jul 02, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Husband's job finally has a 401k offering with unusual funds
Replies: 29
Views: 2222

Re: Husband's job finally has a 401k offering with unusual funds

There is a section on the wiki about expensive 401k plans: https://www.bogleheads.org/wiki/401(k)# ... re_choices

There is also an excellent article on how to campaign for better choices: https://www.bogleheads.org/wiki/How_to_ ... 01(k)_plan
by emlowe
Mon Jul 02, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: E-Trade and mega backdoor Roth
Replies: 30
Views: 1533

Re: E-Trade and mega backdoor Roth

Your employer plan doesn't allow in-service/in-plan rollovers. So let's ignore it It is theoretically possible for a Solo 401(k) to allow both after-tax contributions and in-service rollovers - however, from looking around the forums there isn't a vendor who supports this. One thing to keep in mind ...
by emlowe
Sun Jul 01, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: E-Trade and mega backdoor Roth
Replies: 30
Views: 1533

Re: E-Trade and mega backdoor Roth

Actually, I think you might be talking about the "Backdoor" and not the "Mega Backdoor" In the Backdoor, you make a nondeductible contribution to your tIRA and immediate roll it to the Roth (but you need to make sure you avoid "pro-rata" - https://www.bogleheads.org/wiki/Backdoor_Roth_IRA The Mega r...
by emlowe
Sun Jul 01, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 59
Views: 5904

Re: What is your one favorite Fidelity Fund??

I believe FTIPX has small-cap exposure, so it's very modestly more diversified.

That said, their top 10 holdings are identical, and they both fit into the same style box - so I suspect performance is pretty much equivalent. There are a few threads on here about both funds.
by emlowe
Sun Jul 01, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Total Investment Strategy - Windfall
Replies: 30
Views: 2509

Re: Help with Total Investment Strategy - Windfall

I assume you don't have a 401(k) or 403(b) or other work-based tax-advantaged account? An HSA (requires a high-deductible health plan) would also let you save some money pre-tax ($3450 for individual) if that type of plan is available to you. Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX...
by emlowe
Sat Jun 30, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: still confused about bond funds
Replies: 11
Views: 1313

Re: still confused about bond funds

Not the OP, but my question about bond funds is how to read the charts. I use Fidelity and they have the 'what if you had invested $10,000" graphs and shows how much you should have if that was 1,3,5, and 10 years ago. All I pretty much see are amounts that are going down instead of up. Is the grap...
by emlowe
Sat Jun 30, 2018 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: still confused about bond funds
Replies: 11
Views: 1313

Re: still confused about bond funds

@mcraepat9

For Munis, do you yes a muni fund - eg, something like Vanguard Intermediate California Muni (VCAIX) (if in CA)?

And for Treasuries do you use something like Vanguard Intermediate Treasury (VFITX)? (or Admiral version)
by emlowe
Sat Jun 30, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: still confused about bond funds
Replies: 11
Views: 1313

Re: still confused about bond funds

I use the 3-fund portfolio Bond Index. So either Fidelity U. S. Bond Index Fund Investor Class (FBIDX), Schwab U.S. Aggregate Bond Index Fund (SWAGX) , or Vanguard Total Bond Market Fund (VBMFX) or if you prefer ETFs: Vanguard Total Bond Market ETF (BND), iShares Core Total U.S. Bond Market ETF (AGG...
by emlowe
Sat Jun 30, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Total Investment Strategy - Windfall
Replies: 30
Views: 2509

Re: Help with Total Investment Strategy - Windfall

I assume you don't have a 401(k) or 403(b) or other work-based tax-advantaged account? An HSA (requires a high-deductible health plan) would also let you save some money pre-tax ($3450 for individual) if that type of plan is available to you. Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX)...
by emlowe
Sat Jun 30, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pay medical expenses out of pocket and save my HSA money?
Replies: 12
Views: 1727

Re: Should I pay medical expenses out of pocket and save my HSA money?

OP, I think Spirit Rider is referring to the Roth Backdoor and not the Mega Backdoor. You may not have access to the Mega Backdoor, since there aren't many who have access to it. I'll agree with Spirit Rider that if paying your medical expenses out of pocket actually prevents you from using the Roth...
by emlowe
Sat Jun 30, 2018 1:03 am
Forum: Investing - Help with Personal Investments
Topic: High-tax bracket (35%), 401K maxed, should I max Mega Backdoor Roth IRA?
Replies: 8
Views: 1287

Re: High-tax bracket (35%), 401K maxed, should I max Mega Backdoor Roth IRA?

This will help: https://www.bogleheads.org/wiki/Prioritizing_investments The Mega is equivalent to number 4 on the list. What else would you do with the 27k ? if the answer is - I would pay off my 12% interest credit card (#2 above) - then no you should not Mega. If the answer is - I would invest in...
by emlowe
Fri Jun 29, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pay medical expenses out of pocket and save my HSA money?
Replies: 12
Views: 1727

Re: Should I pay medical expenses out of pocket and save my HSA money?

I posted recently about this myself - I was doing the same thing as you and using the HSA to pay for expenses. I've decided change and let my HSA account grow and pay for medical expenses through regular cash flow. I think it makes sense if you can otherwise pay for your expenses. see: https://www.b...
by emlowe
Fri Jun 29, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 59
Views: 5904

Re: What is your one favorite Fidelity Fund??

From the wiki: Fidelity Total International Index Fund (FTIPX): Tracks MSCI ACWI (All Country World Index) ex USA Investable Market Index, includes small caps. Fidelity International Index Fund (FSIIX/FSIVX): Tracks MSCI EAFE Index (Morgan Stanley Capital International Europe, Australasia, Far East ...
by emlowe
Fri Jun 29, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: What is your one favorite Fidelity Fund??
Replies: 59
Views: 5904

Re: What is your one favorite Fidelity Fund??

Non-Boglehead / Managed: Fidelity Low-Priced Stock (FLPSX) Fidelity Strategic Income (FADMX) Fidelity Contrafund (FCNTX) Boglehead (from wiki: https://www.bogleheads.org/wiki/Fidelity): Fidelity Total Market Index Fund (FSTVX) Fidelity Real Estate Index Fund (FSRVX) Fidelity U.S. Bond Index Fund (FS...
by emlowe
Thu Jun 28, 2018 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: High yield and tax-free munis
Replies: 23
Views: 2681

Re: High yield and tax-free munis

If you really want to use Fidelity, you may want to get NYF (iShares New York Muni Bond ETF) or FTMFX (Fidelity® New York Municipal Income Fund) Both of which have (much) higher ER (0.25) and (0.46) - but are commission free at Fidelity. To Buy VNYTX at Fidelity is a $75 transaction fee (Fidelity is...
by emlowe
Tue Jun 26, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Frequency of Mega Backdoor IRA Transfers
Replies: 15
Views: 1358

Re: Frequency of Mega Backdoor IRA Transfers

Two possible other options - which are really the same option (ignore the gains and rollover every 3-6 months) 1) Some plans let you designate your investments based on the contribution. If you can then direct your after-tax contributions specifically to a "low-gain" fund (bond, stable value, etc). ...