Search found 507 matches

by megabad
Thu Sep 06, 2018 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 3943

Re: Psychology of saving for college vs retirement

The fundamental assumption here is that the children will go to college -- that may not be true. It may also be true that the children do attend college but don't need or want parental help -- the GI bill is one example of how this could happen. I saved all I could for retirement, and then figured ...
by megabad
Thu Sep 06, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investment/Financial Plan Advice
Replies: 13
Views: 1215

Re: Investment/Financial Plan Advice

Are you sure the stipend is not taxable income? My daughter goes to grad school, gets a stipend/salary (I think she was told it was a stipend to cover her living expenses), pays Federal & state income taxes on the stipend/income. She gets a W-2 from the university & the money paid to her is reporte...
by megabad
Thu Sep 06, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch Preferred Deposit
Replies: 9
Views: 1668

Re: Merrill Lynch Preferred Deposit

I just looked at my statement and read that the cash management account is FDIC insured, but not SIPC insured. So, if both accounts are FDIC insured, what's the catch, other than having to contact the advisor for deposits and withdrawals? I have no experience with ML specifically but it appears you...
by megabad
Thu Sep 06, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: RE: Help with Mom's Taxable account
Replies: 11
Views: 1008

Re: RE: Help with Mom's Taxable account

PFInterest wrote:
Thu Sep 06, 2018 12:58 pm
if its not for her, then 100% TSM which is SWTSX at schwab.
This. It is up to her to decide what the money is for, but if she decides that it is for her heirs (as you have indicated) than this.
by megabad
Thu Sep 06, 2018 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: returns for the next decade
Replies: 40
Views: 4182

Re: returns for the next decade

In theory, this theoretically seems like it might be more of a theory, news, or general. Theoretically. In theory.
by megabad
Thu Sep 06, 2018 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional to SEP transfer?
Replies: 7
Views: 356

Re: Traditional to SEP transfer?

Is father still working and contributing to SEP IRA? If so, he may want to consider a Solo 401k instead of the combining accounts strategy.
by megabad
Thu Sep 06, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Soon to be retired, 401k rollover/transfer timing for Roth conversions and widthdrawals
Replies: 11
Views: 1018

Re: Soon to be retired, 401k rollover/transfer timing for Roth conversions and widthdrawals

I also like the stable [sic] value fund that my employer offers. You have listed the primary reason why I might hold on to some funds in your 401k. Otherwise it seems like personal preference assuming the rules for your 401k plan allow you to do as you suggest. Some 401k plans have special requirem...
by megabad
Thu Sep 06, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 3943

Re: Psychology of saving for college vs retirement

For the psychological comfort of maxing retirement savings each year, are you willing to take out significant college loans in your name, have your children pay significant student loans upon graduation, or somewhat limit the college options for your kids due to concerns for paying? Is taking out l...
by megabad
Thu Sep 06, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: proposed investment options with employer retirement plans - feedback requested
Replies: 5
Views: 410

Re: proposed investment options with employer retirement plans - feedback requested

I'd request the all the items you recommend and negotiate down to a reasonable International Index as this is the only big gap I see. Assuming you have the good TIAA Traditional (higher guaranteed rate), I would just use that for fixed income.
by megabad
Thu Sep 06, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Investment portfolio advice needed!
Replies: 12
Views: 1359

Re: Investment portfolio advice needed!

Are you maxing your 401k? If not I would contribute at least 18,500 this year and possibly more (if your plan allows after-tax contributions). I would also start an HSA and max that out (with 3450 of the 10k) this year or next year (if you need to switch health plans). If you have funds leftover the...
by megabad
Thu Sep 06, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Help. They are removing index funds.
Replies: 28
Views: 2012

Re: 401k Help. They are removing index funds.

I would not involve her boss in this any further. I would thank boss for his/her help in forwarding initial email to HR and remove him/her from this communication stream. Otherwise I would not take any further action. Your communication was appropriate and concise has been received at the correct le...
by megabad
Thu Sep 06, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investment/Financial Plan Advice
Replies: 13
Views: 1215

Re: Investment/Financial Plan Advice

-Moving money from Wells Fargo to Ally bank: checking and savings to increase interest Sounds good to me. -Looking to open a Roth IRA with (Vanguard, Schwab, Fidelity?? I still don't know which to choose!): But, am currently on a stipend that does not count as "earned income". I did have a job unti...
by megabad
Thu Sep 06, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for Medical Costs with HSA or Savings?
Replies: 15
Views: 1035

Re: Pay for Medical Costs with HSA or Savings?

Once my HSA slips below $5K, there's a $3/month charge, so there's incentive to just use it up and close it out. Correct? This is a bit of a thread hijack but I would suggest that it implies an incentive for exactly the opposite (Fund it to get over the 5k amount and avoid the $3 charge). I should ...
by megabad
Thu Sep 06, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for Medical Costs with HSA or Savings?
Replies: 15
Views: 1035

Re: Pay for Medical Costs with HSA or Savings?

TimeRunner wrote:
Wed Sep 05, 2018 8:28 pm
Once my HSA slips below $5K, there's a $3/month charge, so there's incentive to just use it up and close it out. Correct?
This is a bit of a thread hijack but I would suggest that it implies an incentive for exactly the opposite (Fund it to get over the 5k amount and avoid the $3 charge).
by megabad
Thu Sep 06, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9856

Re: Max you should invest in a 529?

I agree with you that there are so many variables. Cost of attendance has been increasing at close to a 4% annual rate during the past seven or eight years that I have been watching the numbers. The 529 account has enjoyed tremendous gains these past couple of years but that cannot be relied on. Ag...
by megabad
Thu Sep 06, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Yet Another, 'Am I on Track' Scenario
Replies: 4
Views: 958

Re: Yet Another, 'Am I on Track' Scenario

-Lazy Portfolios: I want to employ a lazy portfolio model instead of the target date funds to lower fees and increase bond exposure. (My current bond allocation is only 11-12% in the Vanguard Target Date 2045 and I’m feeling uneasy about my stock exposure at these levels especially). I have a moder...
by megabad
Thu Sep 06, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Building Help
Replies: 4
Views: 344

Re: Portfolio Building Help

I prefer SCHB over SCHX since it covers more of the market, but you planned allocations seems ok to me. As above, we don't know the size of your Roth IRA in proportion to your Brokerage and UTMA account so we can't suggest as to whether your overall portfolio allocation is appropriate. In most state...
by megabad
Thu Sep 06, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for guidance on portfolio & strategy
Replies: 7
Views: 663

Re: Looking for guidance on portfolio & strategy

I agree with delamer that you should consider which options are best in your 401ks and make choices for the rest of your portfolio based on these options. I might take the following steps if I were in your situation in order of priority: 1) Rollover His IRA into His 401k if plan accepts 2) Max both ...
by megabad
Thu Sep 06, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Guidance needed
Replies: 7
Views: 875

Re: Portfolio Review - Guidance needed

Thank you for your service and you are doing a great job saving for retirement (maxing out Roth IRA and TSP is phenomenal). Duckie's post above is great. If I had to nitpick and suggest a possible tweak, I might suggest the following (based on Duckie Portfolio #2): Taxable at Vanguard -- $86K -- 42%...
by megabad
Thu Sep 06, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Balancing/Bond Funds/Ladders/Tax Impact/
Replies: 4
Views: 382

Re: Balancing/Bond Funds/Ladders/Tax Impact/

Thanks for the input. To clarify, I am referring to a managed bond ladder with a 35 basis point fee as opposed to my current actively managed bond funds with 85+. basis points, 3 of which are under water. My understanding is that if the bonds in the ladder are held until maturity, the face value ca...
by megabad
Wed Sep 05, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: 401k/SEP IRA advice
Replies: 10
Views: 567

Re: 401k/SEP IRA advice

Hi , I am new to the forum. I have been following the forum for several months and really appreciated the insight on various topics. I have 401k at work as well as 457 b at work through which I do all my retirement contributions.I max out on both and contribute 5,500 to traditional IRA at vanguard....
by megabad
Wed Sep 05, 2018 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Zero free funds vs more diversified Fidelity index funds. Pay nothing or pay to get slightly more diversified?
Replies: 8
Views: 979

Re: Fidelity Zero free funds vs more diversified Fidelity index funds. Pay nothing or pay to get slightly more diversifi

Would it be better to invest in Fidelity's free index funds or pay to be a bit more diversified with small caps with Fidelity's regular rock bottom low cost index funds? The big difference between the Zero funds and the regular Fidelity index funds is that there are no small caps in the internation...
by megabad
Wed Sep 05, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fee only Financial planners
Replies: 31
Views: 2609

Re: Fee only Financial planners

It seems like finding a true fee only planner isn't as easy as one would think. I am looking for an advisor for a friend of mine who isn't really into finances. I talked to a fee only FP, and they really only want to deal with people that already have $150k in investable savings, minimum. Also, it ...
by megabad
Wed Sep 05, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Chase and Citibank investment accounts
Replies: 7
Views: 916

Re: Chase and Citibank investment accounts

This is a non answer, but I find Barrons and IBD infinitely more entertaining than the bank analyst reports for individual stocks. Of course, I only review such for entertainment purposes. Just out of curiousity, why do you want JP Morgan and Citibank reports? Are they better than ML reports?
by megabad
Wed Sep 05, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - age 52 retired
Replies: 6
Views: 1289

Re: Portfolio Advice - age 52 retired

Happy to be here and ready to see what you think of my situation... Emergency funds: yes, 1 year Debt: 0 Tax Filing Status: Married Filing Jointly Tax Rate: 0% Federal, 0% State (zero due to low income + ACA tax credits) State of Residence: WA Age: 52 Desired Asset allocation: 60% stocks / 40% bond...
by megabad
Wed Sep 05, 2018 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing/Bond Funds/Ladders/Tax Impact/
Replies: 4
Views: 382

Re: Balancing/Bond Funds/Ladders/Tax Impact/

Hello all, Need a sounding board so to speak. Age 63, retired,living off cash for next 2 - 2/12 years. Portfolio is 65/35 equities/fixed income funds, including emerging markets debt fund which is struggling. Previous FA was going to sell all 4 fixed income funds and put me into bond ladder in Janu...
by megabad
Wed Sep 05, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9856

Re: Max you should invest in a 529?

Hi all, what do people think is the most you SHOULD put in a 529? I believe Vanguard's 529 plan for Nevada has a max of $370k. Wondering how much money people feel comfortable with investing in a 529 (would anyone even put in the max if they had the capital to do so?), and how they balance concerns...
by megabad
Wed Sep 05, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: New member: help with 401K rollover
Replies: 3
Views: 242

Re: New member: help with 401K rollover

I am seeking help with rolling over my 401K that is currently held through the Principal Group. I have retired and am considering a direct rollover to a Vanguard IRA. For reasons not known - the Principal Group tells me that they are unable to help in any way with this rollover due to fiduciary con...
by megabad
Wed Sep 05, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need some guidance on 401k, 403b, 457b
Replies: 6
Views: 577

Re: Need some guidance on 401k, 403b, 457b

First I would like to thank all of you in advance for any guidance you are willing to provide me and my family. I am working on allocating our saved cash in the bank into the asset allocation we think is best. I am following the boards advise to put bonds in tax-advantaged accounts. To meet my init...
by megabad
Wed Sep 05, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Pay for Medical Costs with HSA or Savings?
Replies: 15
Views: 1035

Re: Pay for Medical Costs with HSA or Savings?

Hello, I'm very new to the community and I think this is such a great place! I have a question about using my HSA. As background, I have: 190K annual income (single, late 20s) 401(k) that I max out (non-matching though) Roth IRA I can no longer contribute to Traditional IRA I max out HSA that I max...
by megabad
Tue Sep 04, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Investing non-profit endowment funds
Replies: 11
Views: 1897

Re: Investing non-profit endowment funds

I still would use PV (Portfolio Visualizer) for a tool. The "Cash" category is pretty close to CD rates (unless we are talking ultra long CDs). In my mind, cash and short term CDs are the same thing. Not sure if this will work for you or not?
by megabad
Tue Sep 04, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest a large sum of money.
Replies: 9
Views: 2155

Re: How to invest a large sum of money.

Recently I just sold my condo, which is exempt of capital gains tax. I have about 50K to invest. Currently I am definitely underweight in the retirement category, only having about 20k between a simple IRA at work a ROTH IRA and a traditional IRA. Should I just invest all of it at once, maxing out ...
by megabad
Tue Sep 04, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: How do you count investments you can't change when trying to do a 3-fund portfolio
Replies: 6
Views: 827

Re: How do you count investments you can't change when trying to do a 3-fund portfolio

I just want to know, in general, what should one do about those kinds of investments? How do you count them three fund? Do you consider them at all and try to make them fit (like I do with looking at the annuity like a bond fund)? Or should one just look at the money one can control and actively in...
by megabad
Tue Sep 04, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: 1M mortgage and/or dip into IRA/Roth accts
Replies: 7
Views: 1102

Re: 1M mortgage and/or dip into IRA/Roth accts

First time poster. Thoughts on a 1 million dollar mortgage or dip into IRA/Roth or combo of both. No debt or kids college expenses. Age 60 Mortgage rate assume 4.75% Income after tax savings = 100k/yr(for the next 4 years then retire and does not include spouse's pension below) Effective tax rate=2...
by megabad
Tue Sep 04, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help evaluate my investment situation
Replies: 6
Views: 675

Re: Help evaluate my investment situation

My questions are about picking the right investments for my 401k, my 401k match amount, my RIRA investment pick, where to hold my emergency funds, what do to excess money outside of my emergency funds. I think I am doing good with the percentage of my salary that I am investing. I’m just not sure I...
by megabad
Tue Sep 04, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Smaller index vs larger index - better performance?
Replies: 7
Views: 723

Re: Smaller index vs larger index - better performance?

Hi, I live in Sweden and there are a couple of indexes, indice? that track the Stockholm Stockmarket. My stock trader has a fund that tracks the 30 most traded companies on the market without any fee. (I can also borrow and invest in this fund at a rate of 1.253%) Or I could invest in a larger swed...
by megabad
Tue Sep 04, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Is it correct, not to make a non-tax deductible IRA contribution ?
Replies: 12
Views: 854

Re: Is it correct, not to make a non-tax deductible IRA contribution ?

Probably a bad idea but you really have to do some math and scenarios for your specific situation. Gains will be taxed at ordinary income rates when you withdrawal, instead of capital gains rates if you had contributed to a taxable account instead. This. In most cases, you will likely pay more in t...
by megabad
Tue Sep 04, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Which do I pick? Roth 401(k) or Traditional 401(k)?
Replies: 36
Views: 2526

Re: Which do I pick? Roth 401(k) or Traditional 401(k)?

Future tax bracket: No idea Future tax rate is of course the key and no one can predict the future, so we have to make educated guesses bases on our own knowledge of our careers and of the current tax laws. Do you see your salary increasing substantially in the future at a rate significantly greate...
by megabad
Tue Sep 04, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old - Vanguard Trad IRA - Need Advice!!
Replies: 10
Views: 884

Re: 25 Year Old - Vanguard Trad IRA - Need Advice!!

Hello All! I have been a member for a few months and have studied several of the topics on the forums. While I tried to figure out all the answers to my questions just through the search tab, I'm a little hesistant on a few things as everyones situation is different and would like some of the exper...
by megabad
Fri Aug 31, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice
Replies: 6
Views: 604

Re: Seeking Advice

My question is should I move this Bank of America savings into an investment account with Fidelity and put it into some mutual funds? What would you do in this situation? Appreciate any advice here. If you choose to move the money to Fidelity, I would simply place the money in a Money Market Fund (...
by megabad
Fri Aug 31, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate Vanguard's Proposed Plan for my portfolio
Replies: 22
Views: 2198

Re: Evaluate Vanguard's Proposed Plan for my portfolio

1) I would like your opinion on the plan : should I go ahead with it as such or do you recommend any modifications? Assuming this account is for retirement then the only change in fund selection is I would choose either Vanguard Intermediate Term Tax Exempt or I would chose Vanguard Tax Exempt Bond...
by megabad
Fri Aug 31, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety / REIT?
Replies: 3
Views: 635

Re: Anxiety / REIT?

COLONY CR REAL ESTATE INC CL A - Part of Colony Northstar went public, so now a stock, which left met with N1 LIQUIDATING TR EN INT UNITS Does this mean you went thru a liquidity event on this issue? If so, then I would sell and get out. COLE CREDIT PROPERTY TRUST IV INC I would expect a liquidity ...
by megabad
Fri Aug 31, 2018 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for beginner investor
Replies: 8
Views: 781

Re: Advice for beginner investor

Questions 1. Every month I put in a fixed amount of money into my index funds. It doesnt matter if the market is up or down. However I am finding that I am making more money that I am putting into my investments and my cash is accumulating. I do not know what to do with that cash. I would like to h...
by megabad
Fri Aug 31, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: How to implement Mega Backdoor Roth with Solo 401K?
Replies: 24
Views: 1940

Re: How to implement Mega Backdoor Roth with Solo 401K?

As to the tax bracket, I simply meant that your comments regarding your 401k contributions in your post led me to believe your income was ~$80k. After $24k standard deduction, this would put you in the 12% MFJ bracket (federal) for 2018. It is possible I was misunderstanding your post though, so I c...
by megabad
Fri Aug 31, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Flow From Real Estate - Personal Advice on Beginning?
Replies: 18
Views: 1594

Re: Cash Flow From Real Estate - Personal Advice on Beginning?

Really appreciate the input. Likewise, I would feel more comfortable buying properties that give me returns from the rental income alone. I will take everything you have said into consideration and will reply separately later one (I'm at work) Question though: If you are renting with the intent to ...
by megabad
Fri Aug 31, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup (32 Him, 31 Her)
Replies: 7
Views: 1625

Re: Financial Checkup (32 Him, 31 Her)

Should I be putting money to the 457 instead of my wife's Roth and my Roth? Do 457s have the same 59 1/2 requirement for withdrawal without penalty (keeping in mind though I'm only 32 right now, I would like to retire at 57 when I will have a 67% pension). I probably would not stop contributing to ...
by megabad
Fri Aug 31, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: How to implement Mega Backdoor Roth with Solo 401K?
Replies: 24
Views: 1940

Re: How to implement Mega Backdoor Roth with Solo 401K?

How to implement Mega Backdoor Roth with Solo 401K? =================================================== Thanks for your replies to my postings. This board has been a valuable resource to learn. This Forum helped me to simply my complex scattered funding. I hope , we can find a way to simplify this ...
by megabad
Wed Aug 29, 2018 6:41 pm
Forum: Personal Consumer Issues
Topic: How to repel wild dogs?
Replies: 65
Views: 5373

Re: How to repel wild dogs?

Unless you have some practice at this It is pretty hard to kick a dog, they are pretty fast. When attacked by a pack is actually a mistake to swing too hard at a single dog as you lose focus on the others or even balance. This is why the kick is not supposed to be "serious" but restrained and low s...
by megabad
Wed Aug 29, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: HSA - Vanguard Investments; Low Cost
Replies: 16
Views: 1020

Re: HSA - Vanguard Investments; Low Cost

When you make an ordinary withdrawal from your HSA, there is no fee, correct? So you withdraw the balance to your checking account and write a check to your HSA. I don't think there is a fee on Lively's end. They call it a "ACH Withdrawal" fee. Something like this, but this is not my provider or my...
by megabad
Wed Aug 29, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Checkup (32 Him, 31 Her)
Replies: 7
Views: 1625

Re: Financial Checkup (32 Him, 31 Her)

Questions: 1. How are we doing in general? Would you change anything with our investments? I think you are doing well. I would probably focus on increasing funding to 457, but I understand you are saving for a house at the moment. 2. We are expecting and have decided we can stay in our current Cond...