Search found 13 matches

by New2This1
Wed Oct 30, 2019 8:11 am
Forum: Personal Investments
Topic: Need help for investing life insurance for 6 year old nephew
Replies: 21
Views: 2319

Re: Need help for investing life insurance for 6 year old nephew

I guess my questions would be: 1. Should I just start a typical 3 fund portfolio for them? Something like Fidelity Total Market Index Fund FSKAX (60%) Fidelity Total International Index Fund FTIHX (30%) and Fidelity U.S. Bond Index Fund FXNAX (10%) or are there better options for a taxable account?...
by New2This1
Wed Oct 30, 2019 7:35 am
Forum: Personal Investments
Topic: Need help for investing life insurance for 6 year old nephew
Replies: 21
Views: 2319

Re: Need help for investing life insurance for 6 year old nephew

Good morning, I was just wondering if it would be preferable to use;
VTI, VXUS, and bond or something like ITOT, IXUS and AGG since it is a taxable account?

I have transfered the funds into a separate brokerage account for him and would like to make a purchase.

Thanks
by New2This1
Thu Oct 17, 2019 9:12 am
Forum: Personal Investments
Topic: Advice on Fidelity 401k and Roth IRA funds
Replies: 5
Views: 429

Re: Advice on Fidelity 401k and Roth IRA funds

Hi do you have an example of an extended market fund for the Roths? Fidelity Extended Market Index Fund (FSMAX) Vanguard Extended Market Index Admiral (VEXAX) Thank you! Does anyone have any feelings on FFNOX Fidelity® Four-in-One Index Fund(0.13%) as compared to the FIOFX for 401k funds? Would 1 b...
by New2This1
Wed Oct 16, 2019 10:52 am
Forum: Personal Investments
Topic: Advice on Fidelity 401k and Roth IRA funds
Replies: 5
Views: 429

Re: Advice on Fidelity 401k and Roth IRA funds

A fidelity freedom index fund is perfectly fine. The ER is better than 99% of investments out there. You invest to achieve an overall asset allocation across your accounts. At your age, anything from 90/10 stocks/bonds to 70/30 would be appropriate. You could put an extended market fund in the Roth...
by New2This1
Wed Oct 16, 2019 9:41 am
Forum: Personal Investments
Topic: Advice on Fidelity 401k and Roth IRA funds
Replies: 5
Views: 429

Advice on Fidelity 401k and Roth IRA funds

I am getting ready to re-balance some of my wife's 401k and our Roth IRAs and trying to make sure I am positioned optimally in each. Emergency funds:1 year+ Debt: None Kids: 1 Tax Filing Status:Married/Joint Tax Rate: 28% Federal, 5.75% State State of Residence: NC Age:36 Desired Asset allocation: ?...
by New2This1
Wed Oct 16, 2019 8:52 am
Forum: Personal Investments
Topic: Need help for investing life insurance for 6 year old nephew
Replies: 21
Views: 2319

Re: Need help for investing life insurance for 6 year old nephew

Thanks for all the help. Much appreciated. I think for the time being, I will open an account under my own trust(I already have for business holdings) and invest the money in ETF's as recommended.
by New2This1
Fri Oct 11, 2019 9:26 pm
Forum: Personal Investments
Topic: Need help for investing life insurance for 6 year old nephew
Replies: 21
Views: 2319

Re: Need help for investing life insurance for 6 year old nephew

If you put the money in the child’s name you should engage the services of an attorney to create a trust, you will set the conditions as to when child can access funds, what reasons - health and welfare, education and if you look up posts by fellow forum member BSteiner you could have child become ...
by New2This1
Fri Oct 11, 2019 7:07 pm
Forum: Personal Investments
Topic: Need help for investing life insurance for 6 year old nephew
Replies: 21
Views: 2319

Re: Need help for investing life insurance for 6 year old nephew

I am thinking that you might want use a separate individual brokerage account with "pay on death" directive. Brokerage transaction fees are disappearing, so that the typical Vanguard Three Fund portfolio in their ETF form are very portable with different brokerage vendors. Pay on death with the chi...
by New2This1
Fri Oct 11, 2019 6:09 pm
Forum: Personal Investments
Topic: Need help for investing life insurance for 6 year old nephew
Replies: 21
Views: 2319

Need help for investing life insurance for 6 year old nephew

I need some investment advice. To make a long story short my sister passed away unexpectedly this year, and since her sons father is not fiscally responsible, she had her life insurance with me as the beneficiary in order to make sure her son had something when he grew up. I was left 125k and would ...
by New2This1
Sun Nov 25, 2018 9:16 pm
Forum: Personal Investments
Topic: Help Needed with 401k
Replies: 8
Views: 748

Re: Help Needed with 401k

If the maximum you can now contribute is $29k, then there is no need to now establish a work-based plan for your small business. Just keep that in mind for later. Could you please add the fund names and expense ratios for the funds in the Roth IRAs? What fees do they charge for management of the Ro...
by New2This1
Sun Nov 25, 2018 6:21 pm
Forum: Personal Investments
Topic: Help Needed with 401k
Replies: 8
Views: 748

Re: Help Needed with 401k

How many employees in your small business? About how much (in dollrs) do you feel that you might be abler to contribute to investing annually (total, all accounts)? Could you please add the fund names and expense ratios for the funds in the Roth IRAs? What fees do they charge for management of the ...
by New2This1
Sun Nov 25, 2018 3:06 pm
Forum: Personal Investments
Topic: Help Needed with 401k
Replies: 8
Views: 748

Re: Help Needed with 401k

Welcome to the forum :happy Please edit your original post to follow the format laid out here: Asking Portfolio Questions . That will make it a lot easier for others to help you with useful responses. Note: You want to view your portfolio as a whole -- you and your wife, both of your 401ks and Roth...
by New2This1
Sun Nov 25, 2018 12:19 pm
Forum: Personal Investments
Topic: Help Needed with 401k
Replies: 8
Views: 748

Help Needed with 401k

Hello all, I have done a good deal of reading and it seems the more I read the move confused I become...lol I have some further personal investment questions but I think it would be easiest to start here, at the 401k. My wife's 401k is through Fidelity, and up until this point she has 100% going int...