Search found 180 matches

by CalculatedRisk
Sat May 02, 2020 11:54 pm
Forum: Personal Investments
Topic: How long is this profit sustainable as a New Trader?
Replies: 58
Views: 3404

Re: How long is this profit sustainable as a New Trader?

Yes. You will make 8% every month. Which works out to ~151% per year. In a decade, you will have turned your $9211.85 into $95 million, and within 2 decades into $1 trillion. 8% a month is not 151% per yr. It is 96%. I will not be doing 8% per month much longer as I won't be risking any more than 1...
by CalculatedRisk
Sat Apr 18, 2020 4:24 am
Forum: Personal Investments
Topic: Ally CD Rate Questions
Replies: 4
Views: 653

Re: Ally CD Rate Questions

unstoppable wrote:
Sat Apr 18, 2020 1:51 am
1 year CD with penalty is 1.5%
1 year CD with no penalty is 1.55%
No penalty is 11 months, not 1 year.
by CalculatedRisk
Fri Mar 20, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 179
Views: 13663

Re: Ally 1% bonus, up to $250

For people that signed up for this - did you receive a confirming e-mail back from Ally that you were actually enrolled? I signed up a few days ago and not a peep from Ally. I called them to ask if I was enrolled and they couldn't tell me. Their response was well - just try to enroll again. :annoye...
by CalculatedRisk
Thu Mar 19, 2020 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1% bonus, up to $250, sign up by 3/23
Replies: 179
Views: 13663

Re: Ally 1% bonus, up to $250

Perhaps this is news only to me but thought I’d post this in case anyone else tries to fund the Ally CD from a Vanguard (brokerage) account. In my Vanguard taxable brokerage account, I created a link to the Ally CD account #. I verified Vanguard’s trial deposits to the Ally account on Monday and re...
by CalculatedRisk
Thu Mar 19, 2020 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Any banks that provide fixed-rate loans for funding partnership capital accounts?
Replies: 3
Views: 219

Any banks that provide fixed-rate loans for funding partnership capital accounts?

I need to significantly increase the amount of my capital account and would consider a fixed rate loan, as compared to my existing loan which has an interest rate of 1-month LIBOR + some fixed amount. Are there any major banks that provide such loans? Citi and Wells Fargo don’t seem to.
by CalculatedRisk
Tue Mar 17, 2020 8:29 pm
Forum: Personal Investments
Topic: Movement of Treasury Money Market fund (VUSXX) in view of fed rate cut
Replies: 7
Views: 944

Re: Movement of Treasury Money Market fund (VUSXX) in view of fed rate cut

The Fed doesn't directly set short-term Treasury rates, but it sets a target, and its transactions try to keep rates close to that target. Therefore, the rate will only rise significantly when the Fed raises the target. Currently, the 1-year Treasury yield is 0.30%, which implies that investors don...
by CalculatedRisk
Tue Mar 17, 2020 3:45 pm
Forum: Personal Investments
Topic: Movement of Treasury Money Market fund (VUSXX) in view of fed rate cut
Replies: 7
Views: 944

Movement of Treasury Money Market fund (VUSXX) in view of fed rate cut

Can you please help me understand the relationship (if any) between the fed’s short-term rate and the yield (eg, 7-day SEC yield) of VUSXX? Are the two directly correlated? Is there a delay between changes in the fed’s interest-rate and changes to VUSXX yield? I’m trying to guesstimate whether the r...
by CalculatedRisk
Mon Mar 16, 2020 3:25 pm
Forum: Personal Investments
Topic: Move to CD now after rate cut?
Replies: 23
Views: 2503

Re: Move to CD now after rate cut?

nesdog wrote:
Mon Mar 16, 2020 11:14 am
I did....grabbed the 1% bonus for new money at Ally plus locked in the No Penalty 11 mo at 1.75% for some additional funds.
Is the 1% bonus the one that caps out at $250 bonus? If there is another one, can you please link it?
by CalculatedRisk
Mon Mar 16, 2020 3:28 am
Forum: Personal Investments
Topic: Move to CD now after rate cut?
Replies: 23
Views: 2503

Re: Move to CD now after rate cut?

redfan11 wrote:
Mon Mar 16, 2020 2:40 am
Does this make sense for someone in the 37% tax bracket? Can’t I just invest in VMLTX?
Or VUSXX? I haven’t don’t the math yet, but I opened a CD (without funding it) and will do the math tomorrow. I’m similarly situated.
by CalculatedRisk
Tue Feb 25, 2020 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Car recall can't drive over 3 months-WWYD?? FORD
Replies: 22
Views: 2256

Re: Car recall can't drive over 3 months-WWYD?? FORD

turkey1234 wrote:
Tue Feb 25, 2020 12:13 pm
We filed a complaint with the BBB but they haven't responded in over 2 weeks.
Just so you know, BBB is a company just like Yelp and Google, though it is non-profit. BBB is not a governmental entity. BBB solicits money from companies that they rate.
by CalculatedRisk
Wed Feb 19, 2020 7:18 am
Forum: Personal Investments
Topic: Muni bond fund in taxable? (Tax-advantaged used up)
Replies: 19
Views: 1304

Re: Muni bond fund in taxable? (Tax-advantaged used up)

When a rebalance stock up is needed, buy stocks taxable (no tax event.) Plug into spreadsheet. Then buy/sell shares in non-taxable/deferred tax accounts to hit target? For each non-taxable acct? No—if your stock percentage is too high, sell stocks in your 401k and use the proceeds in your 401k to b...
by CalculatedRisk
Fri Feb 14, 2020 9:18 pm
Forum: Personal Investments
Topic: Cash Balance Plan Question
Replies: 4
Views: 540

Re: Cash Balance Plan Question

Any advice or experiences with cash balance plans would be welcome as well. Though I have read a great deal about the plans (thank you WCI), but I still feel like there are some nuances which I don't fully grasp. I think my cash balance plan has both a floor and a limit, though I haven't really dug...
by CalculatedRisk
Fri Feb 14, 2020 8:40 pm
Forum: Personal Investments
Topic: $100K Cash/5-10 Yr Investment Horizon--Crash?
Replies: 9
Views: 1433

Re: $100K Cash/5-10 Yr Investment Horizon--Crash?

Step 1: Decide what asset allocation you’re comfortable with.
Step 2: Decide what funds are for retirement.
Step 3: Invest all retirement funds in accordance with your asset allocation.

You can swap the order of steps 1 and 2, but I suggest doing step 3 only after 1 and 2.
by CalculatedRisk
Fri Feb 14, 2020 2:36 pm
Forum: Personal Investments
Topic: Differentiate Pretax and Roth investments inside 403b or 401k
Replies: 9
Views: 471

Re: Differentiate Pretax and Roth investments inside 403b or 401k

I have an old Schwab 401k where I was able to do this (I think). The online 401k gave me the option to open two self-directed accounts and specify whether to move pre-tax or Roth funds from the main account into each of the self-directed accounts. I moved all Roth funds to a self-directed account, t...
by CalculatedRisk
Mon Feb 10, 2020 7:36 pm
Forum: Personal Investments
Topic: Should I refinance?
Replies: 5
Views: 373

Re: Should I refinance?

How much interest will you save in 3 years based on the refinance? How much will it cost you to do the refinance?
by CalculatedRisk
Fri Feb 07, 2020 9:51 pm
Forum: Personal Investments
Topic: 25yo switching from target dates to self-managed
Replies: 30
Views: 2421

Re: 25yo switching from target dates to self-managed

lakpr wrote:
Fri Feb 07, 2020 12:49 pm
*BUT*, if the OP is earning more than $138k for 2020, he is going to pay the max payroll taxes anyway through his paycheck, so there is no tax advantage in making the HSA contributions through the payroll.
This was eye opening for me. Thank you.
by CalculatedRisk
Fri Feb 07, 2020 9:35 pm
Forum: Personal Investments
Topic: Gotcha's for rolling 401k into IRA, then rolling IRA into another 401k?
Replies: 1
Views: 277

Gotcha's for rolling 401k into IRA, then rolling IRA into another 401k?

I have a couple 401ks from past jobs, each with about $100k. What should I be careful of if I roll the 401ks into a single tIRA, then (months later, but before the end of the calendar year) roll those funds from the IRA into my current 401k? I'm considering this because some home loans give you sign...
by CalculatedRisk
Fri Feb 07, 2020 11:57 am
Forum: Personal Investments
Topic: 25yo switching from target dates to self-managed
Replies: 30
Views: 2421

Re: 25yo switching from target dates to self-managed

lakpr wrote:
Fri Feb 07, 2020 10:30 am
HSA, Taxable and Roth IRA, where you have control on which funds to choose -- invest only in Total Domestic stock Market.
Since op is in CA, HSA is taxable as far as state taxes. I suggest federal treasury bonds in HSA to avoid CA tax headaches.
by CalculatedRisk
Wed Feb 05, 2020 1:58 pm
Forum: Personal Investments
Topic: Paralyzed by TSLA
Replies: 52
Views: 6260

Re: Paralyzed by TSLA

watchnerd wrote:
Wed Feb 05, 2020 1:53 pm
greg24 wrote:
Tue Feb 04, 2020 5:03 pm
If/when the stock tumbles 20%, you're gonna be kicking yourself for not selling.
Down -18.7% so far today.

Are we there yet?
OP said he already sold:
FoolMeOnce wrote:
Wed Feb 05, 2020 7:35 am
I sold last night after-market.
by CalculatedRisk
Wed Feb 05, 2020 12:35 pm
Forum: Personal Investments
Topic: Fidelity HSA California strategy
Replies: 23
Views: 1998

Re: Fidelity HSA California strategy

As far as I know,as long as I don't make any trades within my HSA, the only tax hit I have to worry about is not having my earnings ($2600 not including the $900 passthrough payments) tax exempt. Does FZROX not pay dividends? Or are you in 0% LTCG bracket? Otherwise you will be paying tax also on d...
by CalculatedRisk
Wed Feb 05, 2020 12:21 pm
Forum: Personal Investments
Topic: Paralyzed by TSLA
Replies: 52
Views: 6260

Re: Paralyzed by TSLA

Sell....at least sell some. I had 120 shares of a company that went from $800 to $30,000 a share over about 2 years. I got my brother into the same company and he also bought 120 shares just a bit later than I did, so his entry was about $1020 a share. He told me when it hit $25K to sell or at leas...
by CalculatedRisk
Mon Jan 20, 2020 9:49 pm
Forum: Personal Investments
Topic: Downside to ETFs?
Replies: 19
Views: 2012

Re: Downside to ETFs?

The op’s question isn’t stocks vs bonds, it is ETFs vs mutual funds. As the first response suggested, the wiki discusses this in detail, as do many other threads.
by CalculatedRisk
Mon Jan 20, 2020 12:14 am
Forum: Personal Investments
Topic: Payroll deduction vs direct funding for HSA?
Replies: 9
Views: 726

Re: Payroll deduction vs direct funding for HSA?

With contributing to the HSA via payroll, if your wife earns more than $130k, essentially you will not pay the additional Medicaid tax of 1.45%. If you contribute to Fidelity HSA on your own, you will. That makes the Fidelity HSA a front-loaded mutual fund with 1.45% load. Stripped to the bare esse...
by CalculatedRisk
Thu Jan 16, 2020 10:05 pm
Forum: Personal Investments
Topic: Increasing Income
Replies: 14
Views: 1541

Re: Increasing Income

Yes, an IRA so assuming the dividends are qualified. So does that mean they are taxed as long term cap gains? I'm not retired so I'm not sure what my tax bracket is going to be, but I know my income will be <80K. Does that mean the tax rate will be 0 if I take a normal allocation, selling securitie...
by CalculatedRisk
Thu Jan 16, 2020 4:36 pm
Forum: Personal Investments
Topic: Does front-loading my HSA mean I'm missing out on 401(k) contributions?
Replies: 42
Views: 1936

Re: Does front-loading my HSA mean I'm missing out on 401(k) contributions?

Just from personal experience with different 401k plans I have had, the matches have worked differently, so you need to talk to the appropriate people at your company. For my current employer you have to contribute per pay check a certain % to get the full match (if you do less than that % for one ...
by CalculatedRisk
Wed Jan 08, 2020 12:13 am
Forum: Personal Investments
Topic: [Where should I invest after maxing retirement accounts?]
Replies: 24
Views: 1965

Re: What's next?

Taxable account. I hold the majority of my assets in a taxable account, still tax efficient. (the key is what you hold and in which account) Some funds are better held in tax exempt, however I do hold stocks and bonds in my taxable account. For bonds in taxable, I hold high yield tax exempt. I woul...
by CalculatedRisk
Thu Jan 02, 2020 2:49 am
Forum: Personal Investments
Topic: Taxable account dividends and capital gains
Replies: 17
Views: 2433

Re: Taxable account dividends and capital gains

Hello, I apologize for bringing this thread back to life. I had some family circumstances come up last year and did not make any changes to my taxable account. Rereading the replies I understand the benefits of taking the dividends and capital gains distribution instead of reinvesting it. I did wan...
by CalculatedRisk
Tue Dec 31, 2019 3:14 am
Forum: Personal Investments
Topic: Capital Gains Harvesting - Lots with Largest or Smallest Gains
Replies: 26
Views: 1921

Re: Capital Gains Harvesting - Lots with Largest or Smallest Gains

There aren't many of us who are usually in a position to tax gain harvest, but I've done it each of the last three years now. My strategy is to sell my most appreciated share lots for the purpose of gain harvesting up to the 0% capital gains limit. That way, I'm left with my least appreciated share...
by CalculatedRisk
Wed Dec 18, 2019 9:08 pm
Forum: Personal Investments
Topic: Spend HSA or save it?
Replies: 60
Views: 4992

Re: Spend HSA or save it?

Something that I am missing with the whole "pay out of pocket" school of thought. While I am fully aware of the 3x tax benefit of the HSA, if I pay for my expenses out of pocket, aren't I paying more for that expense? Using HSA funds - $100 goes in tax-free and I pay for the medical expense of $100...
by CalculatedRisk
Wed Dec 18, 2019 12:12 pm
Forum: Personal Investments
Topic: Help with making a spreadsheet for "lazy rebalancing"?
Replies: 14
Views: 1457

Re: Help with making a spreadsheet for "lazy rebalancing"?

As with all financial mathematics, one must avoid relying on imprecise floating-point calculations and instead use exact arithmetic. That website tries to be unnecessarily precise. I’m 13k off (1.3%) on my allocation, but it doesn’t matter. As long as you’re within 4-5%, it’s all the same. The lazy...
by CalculatedRisk
Tue Dec 17, 2019 4:08 am
Forum: Personal Investments
Topic: Is it possible to contribute to a solo 401k and a traditional 401k at the same time?
Replies: 8
Views: 538

Re: Is it possible to contribute to a solo 401k and a traditional 401k at the same time?

There is an annual limit of $55k for all contributions for your aggregated 401k accounts. Are you sure? A link to an official source would be nice. I thought the $55k limit was per employer. Edit: Seems like it is per employer, and not $55k aggregated. Though not an official source, this has some e...
by CalculatedRisk
Tue Dec 17, 2019 3:59 am
Forum: Personal Investments
Topic: Spend HSA or save it?
Replies: 60
Views: 4992

Re: Spend HSA or save it?

Another advantage of having bonds, especially TIPS, in an HSA is that it reduces the risk that the HSA will grow faster than your medical expenses. If you have stock in your Roth IRA and the market booms, you will have more tax-free growth; if you have the same stock in your HSA, the growth might n...
by CalculatedRisk
Mon Dec 16, 2019 3:41 am
Forum: Personal Investments
Topic: Fidelity Zero
Replies: 54
Views: 7673

Re: Fidelity Zero

Portability could be good or bad. If one doesn’t want heirs to be misguided by active managers; zero funds set a very high standard to beat in terms of simplicity and costs. Heirs get a stepped up basis, so they pay no taxes if they sell one day one. Regardless, I wouldn’t pick a mutual fund for re...
by CalculatedRisk
Sun Dec 15, 2019 5:09 am
Forum: Personal Investments
Topic: Fidelity Zero
Replies: 54
Views: 7673

Re: Fidelity Zero

One thing to consider is portability. You can’t transfer those funds in kind to any other brokerage. You’d have to sell, realize the gain, then transfer and buy something similar. It may not be an issue today, it may be a problem in 20 years.
by CalculatedRisk
Sat Dec 14, 2019 10:59 am
Forum: Personal Investments
Topic: Growing income and becoming more nervous...
Replies: 28
Views: 4419

Re: Growing income and becoming more nervous...

I should also mention, that because of my wife's job, I am required to first clear any purchases or sales of any securities, which makes the whole process of utilizing something like robinhood or wealthfront or even a financial adviser impractical. I need to clarify my trades days in advance, and l...
by CalculatedRisk
Fri Dec 13, 2019 10:50 pm
Forum: Personal Investments
Topic: TDA thinks my address is international. what can I do?
Replies: 13
Views: 1029

Re: TDA thinks my address is international. what can I do?

Oh really, I did not know that. It just seems that is what every step-by-step guide has you do. "I just place it into the Prime Money Market Fund to keep the math simple." -White coat investor, step 1, from https://www.whitecoatinvestor.com/backdoor-roth-ira-tutorial/ There are even dozens of threa...
by CalculatedRisk
Fri Dec 13, 2019 11:44 am
Forum: Personal Investments
Topic: Young Newbie Investor - Tax-Efficiency - Bond Fund Placement
Replies: 13
Views: 842

Re: Young Newbie Investor - Tax-Efficiency - Bond Fund Placement

Generally speaking, as long as you're not in an ultra-high tax bracket you should stick your bonds into pre-tax accounts. There are always exceptions... but this is what I'd recommend based on the information you provided. Can you point me to something that says ultra-high tax bracket folks should ...
by CalculatedRisk
Fri Dec 13, 2019 11:33 am
Forum: Personal Investments
Topic: year end tax decision - sell LT gain for better expense ratio?
Replies: 4
Views: 439

Re: year end tax decision - sell LT gain for better expense ratio?

I am thinking to sell some more cap gains b/c 1) market high; 2) LT tax rates low; 3) expense ratio is bad; can sell up to about 50K in LT gains and still be 100% Roth contribution eligible - a goal for this year. If your plan is to sell and get right back into the market, it would be better to sel...
by CalculatedRisk
Thu Dec 12, 2019 1:08 pm
Forum: Personal Investments
Topic: Spend HSA or save it?
Replies: 60
Views: 4992

Re: Spend HSA or save it?

I am in the 24% federal tax bracket when it comes to HSAs.. I am in California where HSAs are not tax deductible. I max it out yearly. I am wondering if it's better to pay any medical bills with HSA funds or pay out of pocket from my savings and let the HSA grow tax free at the Federal level and ha...
by CalculatedRisk
Thu Dec 12, 2019 12:44 pm
Forum: Personal Investments
Topic: Spend HSA or save it?
Replies: 60
Views: 4992

Re: Spend HSA or save it?

I would cash it out for any major medical emergency before taping my Emergency Fund. Why? You can always replenish your emergency fund. You can’t for an HSA. If you use your emergency fund and need more money (another emergency), you can always submit the existing receipts and get money out of the ...
by CalculatedRisk
Wed Dec 11, 2019 2:28 am
Forum: Personal Investments
Topic: Ally APY vs others
Replies: 23
Views: 2486

Re: Ally APY vs others

dayzero wrote:
Mon Dec 09, 2019 3:39 pm
I'm in the middle of making the switch to Citi - 1% checking and 2.05% savings.
Can you please provide more details about the checking account? I have a citigold checking account that is earning close to zero.
by CalculatedRisk
Wed Dec 11, 2019 2:22 am
Forum: Personal Investments
Topic: Help I’m overwhelmed [Help selecting investments]
Replies: 42
Views: 2898

Re: Help I’m overwhelmed

GerryL wrote:
Wed Dec 11, 2019 2:11 am
FYI, 50% is not a low turnover rate.
And 1% is not a low expense ratio.
by CalculatedRisk
Mon Dec 09, 2019 7:15 pm
Forum: Personal Investments
Topic: Does having a Roth IRA count against financial assistance application of a high schooler
Replies: 9
Views: 890

Re: Does having a Roth IRA count against financial assistance application of a high schooler

Many years ago my parents did not claim me as a dependent the last 2 or 3 years of high school so I could qualify for financial aid. They may have gotten bad advice. If I recall correctly, (1) being a dependent for tax purposes uses a different standard from being a dependent for FAFSA purposes and...
by CalculatedRisk
Sun Dec 08, 2019 2:22 am
Forum: Personal Investments
Topic: Is Chase's Commission-free Trade Account Better than Vanguard Fund?
Replies: 6
Views: 553

Re: Is Chase's Commission-free Trade Account Better than Vanguard Fund?

You use a brokerage account to buy an investment, such as the SP500. Chase is a brokerage and Vanguard is a brokerage. You can buy SP500 at both.

If your question is “Should I use Chase or Vanguard to invest post-tax funds?”, the answer is resoundingly “Vanguard, it is better.”
by CalculatedRisk
Sat Dec 07, 2019 4:01 am
Forum: Personal Investments
Topic: SLMCX and FTIHX Sharp Dip Today? Dividend or Distribution?
Replies: 3
Views: 344

Re: SLMCX and FTIHX Sharp Dip Today? Dividend or Distribution?

So generally the market has been pretty good this week and closed on a high note today. All my funds were up generously but there was a sharp drop in SLMCX and a smaller drop in FTIHX. I didn't see any from a dividend or capital gain distribution but could that be the reason especially with SLMCX a...
by CalculatedRisk
Sat Nov 30, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union security?
Replies: 8
Views: 743

Re: Alliant Credit Union security?

it suggests a wider problem. The wider problem may be that you were phished. If you log in using a fake website, the perpetrators can intercept both your login/password and a session cookie that allows them to avoid requiring 2FA. Did the 2FA text you got include a link? Did you follow that link or...
by CalculatedRisk
Fri Nov 29, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Toyota loyalty cash work around question
Replies: 19
Views: 1895

Re: Toyota loyalty cash work around question

I would tell the dealer to give me the extra $2k off, or I walk and go elsewhere. These types of discounts are usually provided by the automaker, rather than the dealer, so it’s usually not up to the dealer to make an exception. That being said, I agree that it doesn’t hurt to ask, if he hasn’t don...
by CalculatedRisk
Fri Nov 29, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fiancée refinancing student loans. Add her to my savings account?
Replies: 9
Views: 1172

Re: Fiancée refinancing student loans. Add her to my savings account?

If you are committed to helping her pay off the loans, then why not put the $50,000 toward the current balance? Then maybe she could qualify for the lower rate with her income and no co-signing. But don’t do it until you are married. Because I don’t want to show up and pay off her debts. I rather h...
by CalculatedRisk
Fri Nov 29, 2019 2:16 am
Forum: Personal Investments
Topic: Isn't it a bad idea to have everything in equity I thought?
Replies: 58
Views: 5337

Re: Isn't it a bad idea to have everything in equity I thought?

thelateinvestor43 wrote:
Fri Nov 29, 2019 1:50 am
That means I'm going to be 100% stocks for many more years! YIKES!!
Do what you’re comfortable with. If that is 70-30 stocks/bonds, then do that. However, you need to provide more info to get sound advice. What is your age? Income? Other retirement savings?