Search found 19 matches

by maxutil
Sat Jan 04, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - How Do I Contribute Via Payroll? Employer Didn't Say Anything About This Option
Replies: 6
Views: 461

Re: HSA - How Do I Contribute Via Payroll? Employer Didn't Say Anything About This Option

Ok thank you for the input so far. I'll ask them on Monday, but in the event I can't do payroll deductions, I'll just do the lump sum with Fidelity.
by maxutil
Sat Jan 04, 2020 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - How Do I Contribute Via Payroll? Employer Didn't Say Anything About This Option
Replies: 6
Views: 461

HSA - How Do I Contribute Via Payroll? Employer Didn't Say Anything About This Option

2020 is the first year my employer is offering a high deductible plan, and said that we could open an HSA account with it. I signed up, and opened up both an account from the recommended provider (HealthEquity) and through Fidelity. My employer didn't say anything about making payroll deductions to ...
by maxutil
Thu Nov 14, 2019 2:49 pm
Forum: Personal Investments
Topic: Front Load 401k in 2020?
Replies: 5
Views: 574

Re: Front Load 401k in 2020?

It looks like most still advocate front loading. The reason I asked is that we are at record highs, and although I can't foresee when the decline will come, it seems like if it does come next year, it would happen later in the year. This would make spreading out the contributions better. Anyway, I k...
by maxutil
Thu Nov 14, 2019 11:11 am
Forum: Personal Investments
Topic: Front Load 401k in 2020?
Replies: 5
Views: 574

Front Load 401k in 2020?

I understand that market timing doesn't work. We are at record highs. My plan is to contribute at a pace that will finish by mid July. I also get that front-loading could be good in the event of job change or loss, however I don't see that happening in my situation. My 401k plan doesn't match per pa...
by maxutil
Wed Aug 28, 2019 6:24 pm
Forum: Personal Investments
Topic: Long Term Cap Gains Question on Stocks
Replies: 3
Views: 264

Long Term Cap Gains Question on Stocks

Hi, I am planning to liquidate a small amount of individual stocks I own in a taxable brokerage account and purchase some index funds (more consistent with boglehead ideology). I haven't owned these stocks for a year yet, but I'd like to sell right when the 1 year mark hits from the last time that I...
by maxutil
Sun Jul 21, 2019 6:36 pm
Forum: Personal Investments
Topic: Can You Please Help With 401k Allocation?
Replies: 4
Views: 333

Re: Can You Please Help With 401k Allocation?

There is no 8.12% Federal tax bracket, I assume your sister is in the 12% marginal tax bracket. These 401k choices are completely bad, the cheapest fund has 1.87% expense ratio. Given this, yes I agree with your recommendation to just contribute 4% to get the full match, no more. Also contribute as...
by maxutil
Sun Jul 21, 2019 5:31 pm
Forum: Personal Investments
Topic: Can You Please Help With 401k Allocation?
Replies: 4
Views: 333

Re: Can You Please Help With 401k Allocation?

HomeStretch wrote:
Sun Jul 21, 2019 5:15 pm
Not enough info provided in your post to give advice. You or your sister need to post more info (see “Asking Portfolio Questions”) similar to the way you posted your info in another thread when you asked about 401k allocation for yourself.
Point taken. Edited OP.
by maxutil
Sun Jul 21, 2019 5:02 pm
Forum: Personal Investments
Topic: Can You Please Help With 401k Allocation?
Replies: 4
Views: 333

Can You Please Help With 401k Allocation?

Hello everyone, These are my sister's 401k options. She's much less versed in terms of personal finance than me, and I want to help her out. https://i.imgur.com/CgD9w0L.png https://i.imgur.com/iewKEUj.png https://i.imgur.com/TvJm4xS.png https://i.imgur.com/zJ12Ltg.png https://i.imgur.com/Sv0OPRZ.png...
by maxutil
Thu Jul 11, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Home Can I Afford?
Replies: 18
Views: 1703

Re: How Much Home Can I Afford?

Ok thanks for all the replies. I was already planning on renting for now until I could put a sizable enough DP on a home to make the monthly outlay comfortable for me. I will just stockpile the cash for another 2-3 years. I am already on a plan to max 401k and roth IRA. This year is the first year I...
by maxutil
Thu Jul 11, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: How Much Home Can I Afford?
Replies: 18
Views: 1703

Re: How Much Home Can I Afford?

What does the rest of your budget look like? Excluding your bonus, $2.4K extra per month seems like it could get tight. What about food, utilities (electric, water, cable), vacation, dates and don't forget home repairs, possibly gas and car insurance too, cell phone? I'd have a tiny bit left over (...
by maxutil
Thu Jul 11, 2019 10:32 am
Forum: Personal Finance (Not Investing)
Topic: How Much Home Can I Afford?
Replies: 18
Views: 1703

Re: How Much Home Can I Afford?

Grt2bOutdoors wrote:
Thu Jul 11, 2019 10:28 am
When your monthly payment does not exceed $2K a month, in a HCOL area such as LA, okay, maybe $2,500 a month, but not more than that. Otherwise you will be house poor. I hope you have a stable job.
My rent already exceeds $2k/month. I think $2,500/month is very unrealistic for LA.
by maxutil
Thu Jul 11, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: How Much Home Can I Afford?
Replies: 18
Views: 1703

How Much Home Can I Afford?

I'm 35, single, and I've owned a condo before which I sold about 5 years ago. I live in Los Angeles, so the cost of living is high. I am in no rush and believe I'm not really in a position to purchase what I want. I have about $180k cash, and in 2021 I'll probably have around $270k cash. In LA, at c...
by maxutil
Tue Jul 09, 2019 10:07 am
Forum: Personal Investments
Topic: Where to invest down payment money for 2 years
Replies: 11
Views: 1163

Re: Where to invest down payment money for 2 years

I'm in a similar boat. I don't think there is much better out there than CD rates. I currently have my money in Wealthfront savings which is offering 2.57%.
by maxutil
Sun Jul 07, 2019 5:57 pm
Forum: Personal Investments
Topic: 401k Allocation Help
Replies: 11
Views: 943

Re: 401k Allocation Help

In response to Miriam2, I did make a mistake, and yes you're right that the first tech fund should be at 15%. Anyway, I've abandoned that allocation, and have submitted a request through my 401k site to do a simple mix of: 1. 45% John Hancock S&P 500 Index 2. 40% Vanguard Total World Stock Index 3. ...
by maxutil
Sun Jul 07, 2019 12:10 pm
Forum: Personal Investments
Topic: 401k Allocation Help
Replies: 11
Views: 943

Re: 401k Allocation Help

As requested. I think they are JIEQX and JTBMX.

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by maxutil
Fri Jul 05, 2019 6:27 pm
Forum: Personal Investments
Topic: 401k Allocation Help
Replies: 11
Views: 943

Re: 401k Allocation Help

Can someone please clarify why Tamarind suggested I ignore the return columns? There must be a good reason, but it seems to make no sense to me. If the John Hancock S&P 500 achieved an average annual return of 14.7% over the past 10 years, and the Vanguard Total World Stock Index achieved 10.4%, I'd...
by maxutil
Fri Jul 05, 2019 5:18 pm
Forum: Personal Investments
Topic: 401k Allocation Help
Replies: 11
Views: 943

Re: 401k Allocation Help

Good questions. I suggested Vanguard Total World because it is most complete, which makes the portfolio very simple and easy to manage. It's more expensive because of the international inside it, but way cheaper than some of the active funds you were talking about in your initial post. I'm willing ...
by maxutil
Fri Jul 05, 2019 4:52 pm
Forum: Personal Investments
Topic: 401k Allocation Help
Replies: 11
Views: 943

Re: 401k Allocation Help

Welcome! You have a fantastic 401k match, as it's great you're now taking full advantage of it. However you are also making a classic mistake, by treating your asset allocation like a trail mix, with a little bit of everything interesting. I suggest you pick an actual stock/bonds ratio. If I were y...
by maxutil
Fri Jul 05, 2019 4:07 pm
Forum: Personal Investments
Topic: 401k Allocation Help
Replies: 11
Views: 943

401k Allocation Help

First post. I was wondering if some people out there could help me with a good asset allocation. 35 years old, and I'm deciding to get serious about retirement now after a few failed businesses. 2019 is the first year that I will max out 401k, and I will continue this until retirement. My employer m...