Search found 131 matches

by carmonkie
Wed Jun 05, 2019 9:24 am
Forum: Personal Investments
Topic: Exchanging investments in Fidelity 401(k) to reduce ER
Replies: 10
Views: 964

Re: Exchanging investments in Fidelity 401(k) to reduce ER

Thanks, all, I appreciate the insight. Still definitely learning and trying to wrap my head around everything! Here are my thoughts on how to move forward: 1. Sell bonds (VBTLX) from taxable account and move all to international (VTIAX). This will get me close to international of ~30% of stocks in ...
by carmonkie
Tue Jun 04, 2019 1:58 pm
Forum: Personal Investments
Topic: Exchanging investments in Fidelity 401(k) to reduce ER
Replies: 10
Views: 964

Re: Exchanging investments in Fidelity 401(k) to reduce ER

If you do end-up selling bonds in Taxable, check for any losses. I believe the wash rule will apply if you buy back in the 401(k) within 30 days for substantially identical” securities. Because this is just a bond component, you can park the money for 30 days in a money market.
by carmonkie
Tue Jun 04, 2019 1:48 pm
Forum: Personal Investments
Topic: Exchanging investments in Fidelity 401(k) to reduce ER
Replies: 10
Views: 964

Re: Exchanging investments in Fidelity 401(k) to reduce ER

You have excellents choices to make a 3-fund portfolio. 1) Now that you have more information in term of fees, I would do it 2) I would do it all at once as this is not a taxable event. You will have the same balance give or take a few $$ after everything settles. 3) I did not look at the percentage...
by carmonkie
Tue Jun 04, 2019 1:10 pm
Forum: Personal Investments
Topic: Does an Advisors AUM fee also include assets in your 401k that they advise on?
Replies: 24
Views: 1980

Re: Does an Advisors AUM fee also include assets in your 401k that they advise on?

The only one time I spoke to someone who gave me the sales pitch, she told me that if they look at the 401(k) options to recommend, there would be a fee. I mean, why would they do it for free, and it would be foolish not to take a look at one's 401(k) as part of the overall financial picture, for a ...
by carmonkie
Thu May 23, 2019 11:34 am
Forum: Personal Investments
Topic: Is there a way to successfully ask a benefits office for a Roth option on their 457 plan?
Replies: 7
Views: 508

Re: Is there a way to successfully ask a benefits office for a Roth option on their 457 plan?

That is a tough one as it is governed by the Teacher Retirement System (TRS). I am sure it has been asked before and would not hurt to ask again, but TRS is a different animal...
by carmonkie
Thu May 23, 2019 11:28 am
Forum: Personal Investments
Topic: Investment Plan for Newly Married Couple
Replies: 25
Views: 2157

Re: Investment Plan for Newly Married Couple

+1 on the portfolio suggestions. For the Cash $172k: - make 2019 Roth IRA contributions of $6k each; if you’re not sure if you can directly contribute, then do it as a backdoor roth - lump sum contribute $100k you indicated to a joint or 2 individual taxable brokerage accounts(s) (depending on how ...
by carmonkie
Thu May 23, 2019 10:59 am
Forum: Personal Investments
Topic: Need help managing excess taxable income
Replies: 16
Views: 1875

Re: Need help managing excess taxable income

Never underestimate the value of continuous education. Invest in your self. Maybe some certificates related to your career or an advanced degree. At 26 you are very young and probably think you are on top of the world. Through your life you might experience job loss so keeping skills sharp is very ...
by carmonkie
Thu May 23, 2019 10:35 am
Forum: Personal Investments
Topic: Investment Plan for Newly Married Couple
Replies: 25
Views: 2157

Re: Investment Plan for Newly Married Couple

One intangible suggestion here you got really good advise. You guys might be doing this already. Make sure she understands why is the money invested where it is. Why the given AA and fund placements. Guide her, and even let her do the buying and selling on her own accounts. It can be very intimidati...
by carmonkie
Wed May 22, 2019 12:15 pm
Forum: Personal Investments
Topic: Need help managing excess taxable income
Replies: 16
Views: 1875

Re: Need help managing excess taxable income

Never underestimate the value of continuous education. Invest in your self. Maybe some certificates related to your career or an advanced degree. At 26 you are very young and probably think you are on top of the world. Through your life you might experience job loss so keeping skills sharp is very i...
by carmonkie
Tue May 21, 2019 3:39 pm
Forum: Personal Investments
Topic: Case Study: 27. How to invest? No 401k or healthcare offered
Replies: 14
Views: 1278

Re: Case Study: 27. How to invest? No 401k or healthcare offered

Do a google search for student loan calculator and plug in the numbers of your loan and you will see that you are paying mostly interest and very little towards the balance. You will see why we are suggesting you pay the student loan first. I think you are seeing that your monthly payment is very lo...
by carmonkie
Tue May 21, 2019 2:35 pm
Forum: Personal Investments
Topic: Reallocation to target % - Lump Sum or over time?
Replies: 3
Views: 230

Re: Reallocation to target % - Lump Sum or over time?

I would do it all in one shot in the 401(k) to make this a non-taxable event. That is what I did back in December moving about 5-6% from Stocks to Bonds to get me to my current 80/20. Your account balance will be the same (give or take a few while the funds settle) as it did before rebalancing. Your...
by carmonkie
Tue May 21, 2019 2:12 pm
Forum: Personal Investments
Topic: Case Study: 27. How to invest? No 401k or healthcare offered
Replies: 14
Views: 1278

Re: Case Study: 27. How to invest? No 401k or healthcare offered

What are your monthly expenses? Your "other assets" are depreciating assets and I would not count them as an asset. It looks like you came ahead with only 12K in student loans and you want your money working for you, don't we all? I would get rid of the student loan. It looks like you can pay them o...
by carmonkie
Mon May 20, 2019 5:14 pm
Forum: Personal Investments
Topic: What is this animal Dreyfus Liquid Asset fund..DLAXX
Replies: 8
Views: 571

Re: What is this animal Dreyfus Liquid Asset fund..DLAXX

http://portfolios.morningstar.com/fund/ ... ture=en_US

It looks like it is 70% Cash, 30% Bonds. @ 0.83 expense ration, it is expensive to be managing that much cash.
by carmonkie
Mon May 20, 2019 5:05 pm
Forum: Personal Investments
Topic: VASIX or VWINX for emergency savings: crazy?
Replies: 26
Views: 2404

Re: VASIX or VWINX for emergency savings: crazy?

Our goal was to have a 12 month EF. When we got to 10 months, I started investing the rest on Total World Stock (VT) ETF. So 10 months in Prime MM and 2 months in VT to give it an extra equity boost without losing sleep. If VT loses 50%, we are still down to 11 months EF. My wife and I decided not t...
by carmonkie
Thu May 16, 2019 3:14 pm
Forum: Personal Investments
Topic: Right time to start new Investment
Replies: 4
Views: 421

Re: Right time to start new Investment

I think another issue with DCA is that it leads to market timing. In you case since you are buying, you were probably hoping for the market to keep going down after Monday that way you can buy more shares right?. The market has almost recovered Monday losses over the past 3 days and now you are kick...
by carmonkie
Thu May 16, 2019 2:40 pm
Forum: Personal Investments
Topic: Vanguard information security
Replies: 18
Views: 1412

Re: Vanguard information security

I have different passwords for every website I need access to and no password manager.
Some even have different user names. Keeps my brain active.

My passwords also all have special characters, numbers, uppercase, lowercase, etc.
by carmonkie
Wed May 15, 2019 3:54 pm
Forum: Personal Investments
Topic: If you are already wealthy, what keeps you motivated?
Replies: 95
Views: 9629

Re: If you are already wealthy, what keeps you motivated?

We are wealthy in the sense that we both are very healthy and our jobs allows us to take one or 2 vacation a year to do physical stuff like hiking or riding bicycles. Something we might not be able to do when we retire. So we do things while we can without going into debt. At the end, all the money ...
by carmonkie
Wed May 15, 2019 2:23 pm
Forum: Personal Investments
Topic: Transferred from Wealthfront - Simplifying Investments
Replies: 5
Views: 500

Re: Transferred from Wealthfront - Simplifying Investments

Option #2, Keep some sell some. Since you said avoid capital gains we'll go with this is a taxable account. A 4:1 ratio of S&P and Extended Market will give you Total US Stock so you can keep those. Look at the international ETFs and sell the losers and do some loss harvesting and keep an eye on was...
by carmonkie
Wed May 15, 2019 2:03 pm
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10646

Re: What is your U.S./ex-U.S. stock allocation?

68% / 32% Is your overall 50% US / 30% Int / 20% Bonds? Close, it's approximately: 45% US Equity 21% International Equity 29% Bonds (and a little cash), around 14%-16% non-US, so 84%-86% US 5% Other (commodity, gold, reits) Age 63, retired, fairly aggressive investing style. Thank you!!
by carmonkie
Wed May 15, 2019 1:45 pm
Forum: Personal Investments
Topic: internet investments
Replies: 3
Views: 360

Re: internet investments

Run while you can... The fraud allegation As for what Porter Stansberry did, the first clear description was set out in April 2003. That was when Karen L Martinez, Thomas M Melto and Brent R Baker of the Securities and Exchange Commission’s Salt Lake City office filed a complaint with the federal di...
by carmonkie
Fri May 10, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10646

Re: What is your U.S./ex-U.S. stock allocation?

DetroitRick wrote:
Wed Mar 20, 2019 9:40 am
68% / 32%
Is your overall 50% US / 30% Int / 20% Bonds?
by carmonkie
Fri May 10, 2019 9:32 am
Forum: Personal Investments
Topic: Building VTSAX out of Russell indexes
Replies: 6
Views: 392

Re: Building VTSAX out of Russell indexes

I did a quick 80% S&P / 20% DFSVX (assuming that is the ticker for the DFA) backtest in Potfolio Visualizer vs 100% VTSAX and the correlation, return, std deviation are almost identical. It looks like the same 4:1 ratio would work with S&P and the DFA fund. https://www.portfoliovisualizer.com/ back-...
by carmonkie
Mon May 06, 2019 11:10 am
Forum: Personal Investments
Topic: Vanguard, Fidelity and cybercriminals
Replies: 13
Views: 2343

Re: Vanguard, Fidelity and cybercriminals

Maybe I missed it, but the article did not say how the systems were infected. My take was an e-mail link and those networks lacking the IT infrastructure and sandboxes to prevent executing the code and infecting the host or spreading in the network. All that cost $$. I am sure and hope Vanguard has ...
by carmonkie
Mon May 06, 2019 10:46 am
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 61
Views: 6612

Re: Fire my financial advisor now or later? (recent windfall help needed)

You are too nice. I would have stopped at the Leveraged ETF offering. Those things are not to be used for long term investing, they complicate taxes and are a roller coaster. One Ameriprise FA pitched me how they had in-house funds and a trading desk to maximize returns. I just told her that I had b...
by carmonkie
Fri May 03, 2019 2:24 pm
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 6173

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

You have one thing going for you. Time. You are young, the thing you do not see is you close your eyes and when you open them you will be 40 and you will be wondering where time went, then at that time you are left trying to stash as much as you can and hope there will not be a huge correction or re...
by carmonkie
Fri May 03, 2019 11:29 am
Forum: Personal Investments
Topic: Dentist seeking portfolio advice
Replies: 7
Views: 1066

Re: Dentist seeking portfolio advice

I wonder if you would be better served going to whitecoat investor board. I was reading through your post and you are doing a SIMPLE IRA, but the white coat suggest that doing SIMPLE IRA complicates backdoor IRA because of the pro-rata rule and suggest you should be doing an individual 401(k). See #...
by carmonkie
Thu May 02, 2019 3:37 pm
Forum: Personal Investments
Topic: Portfolio Realignment Nightmare
Replies: 11
Views: 1173

Re: Portfolio Realignment Nightmare

First off, thank you for your sharing your priceless information with us newbies! I've spend a few daysgetting my bearings but I still find myself becoming overwhelmed with where to start. I hope I can put this in a logical post to help myself and get some advice. As of right now, I am the only one...
by carmonkie
Thu May 02, 2019 10:44 am
Forum: Personal Investments
Topic: Owning 2 accounts of Roth ira
Replies: 18
Views: 1614

Re: Owning 2 accounts of Roth ira

I thought bonds are ok to put in ira whether in traditional or roth ira. Would it be ok for me to buy bonds in taxable account? I am new in investment and i am just starting to invest. Thank you. Because i am planning to buy bonds in vanguard and i want it to put the bonds in vanguard roth ira. Jus...
by carmonkie
Mon Apr 29, 2019 4:40 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 200
Views: 15922

Re: Biggest Investment Mistake

I think I have made them all. Not understanding fees and Asset Allocation and Location. I might have bought some loaded funds and bought some expensive Janus Funds Started a ROTH and cashed it out when market dropped around 2008 Invested all my 401(k) on Worldcom stock and saw it go down to 500. Luc...
by carmonkie
Mon Apr 29, 2019 12:25 pm
Forum: Personal Investments
Topic: Mixing Mutual Funds and ETFs?
Replies: 12
Views: 812

Re: Mixing Mutual Funds and ETFs?

It looks like you are trying to maintain the same funds and allocations across both of your ROTH accounts. If you look at your accounts as a whole, this is really not needed and you should be able to simplify the number of holdings, but this might be just mental accounting in your part. I stopped us...
by carmonkie
Fri Apr 26, 2019 10:01 am
Forum: Personal Investments
Topic: 2/3 VTSAX and 1/3 VTIAX OR simply VTWAX?
Replies: 11
Views: 1026

Re: 2/3 VTSAX and 1/3 VTIAX OR simply VTWAX?

VTWAX would give you about 58% US / 42% Int, which would be off the target you are looking for (66/33). If you really want to stick to your target allocation then 2/3 Total US 1/3 Total international is the way to go. In my opinion being that far off would be a reason to re-rebalance. Since you are ...
by carmonkie
Thu Apr 25, 2019 4:28 pm
Forum: Personal Investments
Topic: Follow up on balancing investments
Replies: 2
Views: 251

Re: Follow up on balancing investments

How old is your Mother in Law? With those percentages for all practical purposes you'd be 30% Equities/70% bonds. Was that her desired allocation or how did you come up with that allocation? Seems top heavy on bonds. I have noticed some retirees here are 50/50 and maybe 40/60 I supposed the trust is...
by carmonkie
Mon Apr 22, 2019 2:07 pm
Forum: Personal Investments
Topic: 100% stocks, looking to lock-in gains and maybe introduce bonds
Replies: 9
Views: 1512

Re: 100% stocks, looking to lock-in gains and maybe introduce bonds

Since you have the TSP, you probably want to hold all your bonds in the G fund, as this gives you better risk reduction for the same bond holding. Thus, it makes sense to leave your IRA all stock, and move money from the C, S, and I funds to the G fund. I agree with this. It is not recommended to h...
by carmonkie
Mon Apr 22, 2019 1:28 pm
Forum: Personal Investments
Topic: What about small/mid caps?
Replies: 7
Views: 1477

Re: What about small/mid caps?

TRBCX only contains 122 stocks. Part of the success of this fund is due to holding 10% on Amazon and 43% of the fund assets are held in 10 companies which are mostly technology. Prior to 2011 it was closely correlated to the S&P 500. I think your strategy to diversify is contradictory to what this f...
by carmonkie
Wed Apr 17, 2019 4:43 pm
Forum: Personal Investments
Topic: Leave a job with a pension?
Replies: 39
Views: 4363

Re: Leave a job with a pension?

Significant other has a pension and she will be able to collect when she meets the rule of 80, whenever that time comes (year 2200). Having the pension has frozen her from going somewhere else. Just like many other teachers, she is miserable, underpaid, overworked, kids are brats, irresponsible pare...
by carmonkie
Wed Apr 17, 2019 2:55 pm
Forum: Personal Investments
Topic: Advice and direction for new 401k and fund options
Replies: 6
Views: 291

Re: Advice and direction for new 401k and fund options

Pending the ER, you could approximate Total Stock Market using the S&P fund and the Extended Market at 4:1 ratio.
Then Use the Aggregate Bond Index and then All Country Wold Ex-US for your International allocation.

This of course, after taking in consideration both of your investments as a unit..
by carmonkie
Tue Apr 16, 2019 6:01 pm
Forum: Personal Investments
Topic: Tax efficiency in taxable brokerage account
Replies: 4
Views: 734

Re: Tax efficiency in taxable brokerage account

It is not recommended to hold bonds in a taxable account because you will be paying taxes on the dividends at the ordinary tax rate and it is advisable to look at all the accounts as a unit. If you are mostly cash, and if you have bonds in a tax-deferred account, can you sell equity funds in tax-def...
by carmonkie
Tue Apr 16, 2019 3:57 pm
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2216

Re: How often do you check up on your investments?

I track all my accounts in Vanguard, including the ones that I hold outside like my 401(k) and HSA. I update this one manually every month and it gives me the big picture. I look at this every week. When I am ready to add new money, I update and export my M* portfolio to my excel file to get the mos...
by carmonkie
Tue Apr 16, 2019 3:24 pm
Forum: Personal Investments
Topic: Advice regarding Roth IRA
Replies: 3
Views: 309

Re: Advice regarding Roth IRA

If you have a 401(k) or a tIRA you should consider moving your bond portion there. Bonds are taxed at ordinary income. I think one of the most common misconceptions about the 3-fund portfolio is that you need to replicate all the holdings across all accounts types and that is not the case. Look at t...
by carmonkie
Mon Apr 15, 2019 1:10 pm
Forum: Personal Investments
Topic: Roth / 403b Allocation
Replies: 3
Views: 309

Re: Roth / 403b Allocation

Treat all your accounts as one. Put all bonds on 403(b), this account will grow slower and will be taxed at ordinary income. It could be that all her 403(b) is Bonds, then fill-up the bonds allocation on your 403(b). Once you are all set, set the equities using the remaining space of your 403(b) and...
by carmonkie
Mon Apr 15, 2019 12:24 pm
Forum: Personal Investments
Topic: Too much cash?
Replies: 9
Views: 1401

Re: Too much cash?

If your desire AA is 50/50 and the cash is part of that AA, then you are not cash rich. You are where you want to be. The cash component just happen to make it look that way. I'd just leave it as well on Prime MM. Someone might give some insight about TIPS for retirees, but with inflation under cont...
by carmonkie
Thu Apr 11, 2019 12:39 am
Forum: Personal Investments
Topic: SIMPLE IRA, what to do
Replies: 6
Views: 428

Re: SIMPLE IRA, what to do

Thank you for all the options. The SIMPLE IRA is way past 2 years so should be able to Rollover to 403(b). The reason why we are going to be close to hitting the Roth max for 2019 is because my company paid a bonus early this year and will make additional bonus payments through they year. For 2018 w...
by carmonkie
Wed Apr 10, 2019 4:43 pm
Forum: Personal Investments
Topic: SIMPLE IRA, what to do
Replies: 6
Views: 428

SIMPLE IRA, what to do

Hello BHs, I hope this is a simple (no pun intended) question. My wife has a SIMPLE IRA with Vanguard for which she no longer contributes. What is the best option for it? 1) Convert to Roth IRA and pay taxes. Current balance is at 10K. We are in the 22% bracket. 2) She is a teacher, and only contrib...
by carmonkie
Mon Apr 08, 2019 1:41 pm
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6487

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

I did some Angel investing in 2 different start-ups overseas one with a Relative and the other with a friend of mine. This is less than 5% of my assets. One pays about 4% a month so getting about 48% return there, the other one is about to start repaying principal plus 2-5% residual. My risk play wa...
by carmonkie
Fri Apr 05, 2019 11:46 am
Forum: Personal Investments
Topic: Advice to help my Parents restructure
Replies: 6
Views: 300

Re: Need advice to help my parents restructure retirement portfolio

1) If you follow the unwritten rule of Age-10 or Age-15 in bonds, at 70 yrs old, they should be 55-60% Bonds and 40-45% Stocks which is the opposite where they are. So this is probably the first thing it needs to be re-considered. At 2.8M, I would probably go with Vanguard Personal Advisors for a sm...
by carmonkie
Thu Mar 28, 2019 12:06 pm
Forum: Personal Investments
Topic: Emergency Funds and VCADX or CD etc
Replies: 5
Views: 438

Re: Emergency Funds and VCADX or CD etc

VCADX has a minumum investment of $50,000 so you'd need to be looking at the Investor Shares with 3K min @0.19 ER vs 0.09 of VCADX. Are your other tax advantaged accounts maxed out? Would this second tier be part of your overall asset allocation? Prime Money market is not backed-up by the goverment,...
by carmonkie
Wed Mar 27, 2019 2:13 pm
Forum: Personal Investments
Topic: What funds in ROTH IRA
Replies: 5
Views: 588

Re: What funds in ROTH IRA

Just a few other thoughts. Because you are rebalancing it is fine to do it all in one big swoop. At the end of the re-balancing, the total value of your accounts will be the same but you will be in the correct AA. I am in my early 40s and I am 80/20. I plan on increasing my bond allocation by 5% eve...
by carmonkie
Wed Mar 27, 2019 1:25 pm
Forum: Personal Investments
Topic: Directed Shares Program Opportunity
Replies: 1
Views: 122

Re: Directed Shares Program Opportunity

It would be impossible to predict what will happen after the IPO. Look at SNAPCHAT. It IPO at 17 and 5 months later was trading below 17. Had it been your wife company you'd be stuck with worthless shares. If you do not trade individual stocks or do not understand a particular investment , then the ...
by carmonkie
Wed Mar 27, 2019 12:56 pm
Forum: Personal Investments
Topic: Time to move out of FLRN for HSA cash?
Replies: 1
Views: 130

Re: Time to move out of FLRN for HSA cash?

How is your Emergency Fund? Do you have one? The reason I ask is because many of us here would tap the Emergency Fund first before taping the HSA. In my HSA, I only keep 1000 in cash because that is the required cash amount before allowing investments, the rest mirrors my Asset allocation. We pay ou...
by carmonkie
Mon Mar 25, 2019 12:14 pm
Forum: Personal Investments
Topic: HSA Investment Options
Replies: 15
Views: 846

Re: HSA Investment Options

We are not using our HSA funds right now, we pay out of pocket, I do not count my HSA as part of my AA. I think it is a mental accounting issue in my part because it is one less account that I would have to rebalance had I made it part of my overall AA, so what I did instead I replicated my overall ...