Search found 69 matches

by sfmurph
Fri May 15, 2020 1:25 pm
Forum: Personal Investments
Topic: What to do with RSUs and stock?
Replies: 30
Views: 1699

Re: What to do with RSUs and stock?

I have two simple rules for employee stock: 1. For RSUs, sell all immediately upon vest. 2. For ESPP, if purchase price is 30% or more below the market price, hold until it turns into a qualifying disposition So for 2, if the purchase price within the 30% limit you've defined, you sell immediately....
by sfmurph
Fri May 08, 2020 4:08 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

ralphboy wrote:
Thu May 07, 2020 10:15 pm
.

Looking at my credit card bills for all of 2019, my average monthly bill was $900.
Consider opening a Fidelity Visa too. They have an easy 2% cash back that would put $18 a month into a Fidelity account.
by sfmurph
Fri May 08, 2020 4:03 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

Q1 What was your 2019 AGI? It's on your 1040 return – look on line 8b. $27,776 Q2 Are you going to use an IRA and deduct $6k from your 2019 and 2020 income OR use a ROTH and face no future taxes? I'll use the traditional IRA Perfect! If your income was $30k and you have a $12,200 standard deduction...
by sfmurph
Wed May 06, 2020 3:49 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

One of the things I like about at least having a traditional IRA open, even if I don't contribute to it consistently, is that it allows me to contribute when and how much I want more flexibly than a workplace plan (in my case a 457). And you can contribute to it after the calendar year is up but pr...
by sfmurph
Wed May 06, 2020 3:24 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

Why? It seems that the original poster has a pretty good traditional 401(k), with good, cheap options. Why complicate that by having a traditional 401(k) and a traditional IRA? Because he has a lot of extra money to invest that is currently in taxable. He can roll that into an IRA to save taxes now...
by sfmurph
Wed May 06, 2020 1:20 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

ruralavalon wrote:
Wed May 06, 2020 10:38 am
Do you plan on starting a traditional IRA or a Roth IRA at Fidelity? (I suggest a traditional IRA.)
Why? It seems that the original poster has a pretty good traditional 401(k), with good, cheap options. Why complicate that by having a traditional 401(k) and a traditional IRA?
by sfmurph
Sat May 02, 2020 10:44 pm
Forum: Non-US Investing
Topic: US/Germany Dual Citizen Investments?
Replies: 4
Views: 440

Re: US/Germany Dual Citizen Investments?

Hello all. Thank you for the very informative discussion. I have been searching everywhere and if it’s ok would like to add a question to the thread: Background: -US/German citizen -Invested earnings while working in US directly w Vanguard mutual funds (VTSAX) -Now living and working in Switzerland...
by sfmurph
Sat May 02, 2020 3:11 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

Employment info is a little more difficult. I really don't want to be giving false info about where money is coming from. That's why I recommend using a US broker than can operate overseas and options that settle in ETFs. Pardon my ignorance but what exactly does this mean? Going with this option w...
by sfmurph
Fri May 01, 2020 7:04 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

If Vanguard doesn't work out, then in theory there is always IB. But I don't know how they will handle it if you put your Residential Country+Country of Residence (terms from their application) as NO. If they apply KIID rules, you might be unable to trade US funds. Someone else will have to comment...
by sfmurph
Wed Apr 29, 2020 8:24 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

Another banking choice would be the multi-currency account from Transferwise. You can get a US account number and routing (ABA) number, and a SWIFT/BIC and IBAN details for euros and Norwegian krone, plus they have very good exchange rates.
by sfmurph
Wed Apr 29, 2020 8:18 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

by sfmurph
Wed Apr 29, 2020 2:05 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

Ah, never mind. Interactive Advisors is also only available to US residents.
by sfmurph
Wed Apr 29, 2020 12:11 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

Ok so after talking to interactive brokers and doing some googling, it seems like they (as well as Schwaab which was the other often recommended alternative for US expats), stopped selling US based ETF's in August 2019 or something because of some nonsense or the other. So those are out the window....
by sfmurph
Tue Apr 28, 2020 9:56 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

If you come to San Francisco and set up residence for you to open a bank account and a brokerage account, and your employer is also based in San Francisco, you're likely to open yourself up to paying California state income tax, even on your salary. Consider the consequences. Or at least consider a ...
by sfmurph
Tue Apr 28, 2020 8:06 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

The advantage of the IRA over the ROTH now is deducting $6000 from your income. That amount will grow tax deferred. Yes. And the advantage of the Roth IRA over the traditional IRA is that you never pay any tax on the dividends or price growth when you go to spend the money in the Roth IRA. In any c...
by sfmurph
Tue Apr 28, 2020 12:12 pm
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

Yeah the sneaky vanguard doesn't seem like a bad idea. Like generally if you are a US Citizen who has set up an account with a US brokerage and then move out of the country, would they close the account? Any suggestions of US based brokerages that deal with Vanguard that I should look into? Or just...
by sfmurph
Tue Apr 28, 2020 10:33 am
Forum: Non-US Investing
Topic: US/NO Dual Citizen Investments?
Replies: 53
Views: 2801

Re: US/NO Dual Citizen Investments?

Oh geez, welcome to the club. I'm navigating this myself too, though slightly difference circumstances. You should find out your tax liability to CZ and NO for investment income. See if they have a Double Tax Treaty with the USA. You've seen these wiki articles? US tax pitfalls for a US person livi...
by sfmurph
Mon Apr 27, 2020 9:25 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

There's a Charles Schwab by me but they are temporarily closed. So do you all think it's best for me to have a "regular account" like I did with RJ and an IRA (Roth or Traditional)? Schwab is closed, but you can call. Yes, you need a "regular (taxable)" account and should get an IRA. Yes. Charles S...
by sfmurph
Mon Apr 27, 2020 7:09 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

The RJ account is a regular account and not an IRA. I'll try and figure out where to go next. I would like to make an appoint with someone and show them some of the suggestions on here. Remember, the people at RJ are salespeople, trained in the art of persuading you not to leave. Figure out where t...
by sfmurph
Mon Apr 27, 2020 12:47 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

I really appreciate everyone taking the time to help me out! No problem. When someone has the saving and spending habits that you do, it's easier to point out how to best keep your money! I e-mailed RJ to ask what type of account I have with them. I'll let you all know ASAP. This is my plan at the ...
by sfmurph
Sat Apr 25, 2020 12:43 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

I'm a poor Publix employee looking for advice on how to invest a portion of my paycheck each week into my 401k smart plan. … I'll be back to look at this topic in a few days because I need to chill out for a bit. Yes, sorry about that. You asked a pretty clear question about investing part of your ...
by sfmurph
Fri Apr 24, 2020 10:00 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

I posted what my 401k looks like in my first post. Yes, I had to file a 1099-div. It looks like you have multiple accounts or places you can get the Publix stock: the 401(k) Smart Plan, the ESPP, and the Profit Plan where Publix gives you stock. I don't see where you said what was in the 401(k). If...
by sfmurph
Fri Apr 24, 2020 9:52 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

I have like $16,000 in my checking account. Wow, you've done a great job so far! With this much money in a checking account, do you know the interest rate? Oh wow! Yes, you're really on the right track. There will be a bunch of info here, and it will take you a while to decide what you want to do. ...
by sfmurph
Fri Apr 24, 2020 6:47 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11183

Re: Poor Publix employee seeking 401k investment advice

Hi and welcome to the forum. There's a lot to think about when it comes to saving (for retirement and anything else). You've come to a very good place! Welcome again. A basic thing that matters a lot is Investment Costs Matter ! That's why a number of folks here asked you what the ER (Expense Ratio)...
by sfmurph
Fri Apr 17, 2020 12:15 am
Forum: Personal Investments
Topic: 37 Yr Old Switching from Dave Ramsey Porfolio to Three-Fund Portfolio
Replies: 5
Views: 1262

Re: 37 Yr Old Switching from Dave Ramsey Porfolio to Three-Fund Portfolio

Question: Should I move these 529 funds to more conservative funds that have higher expense ratios? The 529 administrator has target, age or individual funds. The Vanguard 500 Index 529 is fine for now. Mortgage Debt: Owe $65K on 15yr at 2.875% on house worth ~$300K. 12.5 years remain on the mortga...
by sfmurph
Thu Apr 16, 2020 11:46 pm
Forum: Personal Investments
Topic: Is this time for TIPS?
Replies: 2
Views: 673

Re: Is this time for TIPS?

The time for TIPS is when you and your family face substantial risk from inflation. The situation today doesn't change that basic fact. If there's a risk you need to account for, then account for it. If there isn't, then don't. This is the most meaningful thing I've read on this site, at least afte...
by sfmurph
Wed Apr 15, 2020 3:58 pm
Forum: Personal Investments
Topic: Picking bond funds for late accumulation stage Asset Allocation
Replies: 10
Views: 738

Re: Picking bond funds for late accumulation stage Asset Allocation

As a late-stage accumulator (I'm 49 for one more day), we're 70% stocks / 30% bonds. But our bonds (see signature) are a barbell designed explicitly for: --Equity risk parity matching / negative correlations --Inflation vs deflation hedging --Small chunk of cash equivalent holdings for tax optional...
by sfmurph
Wed Apr 15, 2020 1:57 pm
Forum: Personal Investments
Topic: Picking bond funds for late accumulation stage Asset Allocation
Replies: 10
Views: 738

Re: Picking bond funds for late accumulation stage Asset Allocation

Do I really need to be thinking about yield now, 15 years from retirement? You don't need yield on its own; you want to optimize the risk and return of your portfolio. I think this is where I'm having trouble. I have a feel for how the low correlation between the price of bonds and the price of sto...
by sfmurph
Tue Apr 14, 2020 8:56 pm
Forum: Personal Investments
Topic: Picking bond funds for late accumulation stage Asset Allocation
Replies: 10
Views: 738

Re: Picking bond funds for late accumulation stage Asset Allocation

What state do you live in? State taxes are significant in e.g. California, and there are specific funds (Vanguard has California intermediate term and long term tax exempt funds, for instance) that will hold bonds which are exempt from both federal and state taxes. If you’re in the highest bracket ...
by sfmurph
Tue Apr 14, 2020 6:39 pm
Forum: Personal Investments
Topic: Picking bond funds for late accumulation stage Asset Allocation
Replies: 10
Views: 738

Picking bond funds for late accumulation stage Asset Allocation

I'm in my mid-40s and I'm trying to determine what my asset allocation should be for bonds as 20% of my portfolio. I'm attracted to 3 types of bond funds: muni, intermediate treasuries, and short TIPS (e.g. Vanguard Tax-Exempt Bond ETF (VTEB), Vanguard Intermediate-Term Treasury ETF (VGIT), Vanguard...
by sfmurph
Tue Apr 07, 2020 8:25 pm
Forum: Investing - Theory, News & General
Topic: State of fractional stock and ETF trading?
Replies: 19
Views: 1182

Re: State of fractional stock and ETF trading?

I was disappointed with my first attempt at Fidelity with fractional shares. I wanted to buy a couple hundred dollars worth of an index ETF to fill out to a 100% position in an account with the same ETF. Unfortunately because of the way that shares are priced and the fractional holding of shares I ...
by sfmurph
Sat Apr 04, 2020 1:57 pm
Forum: Investing - Theory, News & General
Topic: How to find the Target retirement funds in Ally Bank?
Replies: 5
Views: 550

Re: How to find the Target retirement funds in Ally Bank?

You can find information about funds at Morningstar or from the fund company that runs the fund: https://www.morningstar.com/funds/xnas/urffx/quote https://www.usaa.com/inet/imco_mutualfund/ImFundFacts?action=INIT&fundNumber=0089&fundCategory=TF Ally Bank would be a little bit of an odd place to us...
by sfmurph
Thu Apr 02, 2020 12:51 pm
Forum: Investing - Theory, News & General
Topic: What's happening with Muni Money Market fund yields?
Replies: 141
Views: 12841

Re: What's happening with Muni Money Market fund yields?

I have an Excel sheet automatically tracking Vanguard MM yields that I look at once every couple weeks. When I opened it this morning, I thought for sure either my formulas or data sources broke. https://i.imgur.com/55q3vER.png This is really going to screw up my vertical axis range going forward. ...
by sfmurph
Mon Mar 23, 2020 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: What have you learned from this situation that you will take action on?
Replies: 158
Views: 14395

Re: What have you learned from this situation that you will take action on?

I'm happy with my decision to use just Treasury ETFs for my bond side. On the other hard, I'd read not to "bucket" investments. Now I understand what that's about! Due to bucketing, I was lighter on bonds than I thought. However, moving to bonds today seems like a mistake, but I'll be gradually ramp...
by sfmurph
Tue Mar 17, 2020 6:46 pm
Forum: Personal Investments
Topic: Not savvy, lost a bunch, and scared
Replies: 31
Views: 2542

Re: Not savvy, lost a bunch, and scared

I have 3 bonds to choose from: the Calvert Boston Portfolio (CBDIX), Northern Trust Long Govt Bond, Federated Inst High Yield Bond (FIHBX) I think I wouldn't shuffle my current portfolio, but a question where to invest future funds. And thank you Northern, good ideas to mull over. Of these three bo...
by sfmurph
Tue Mar 17, 2020 5:42 pm
Forum: Investing - Theory, News & General
Topic: Comparing Intermediate Bond Funds in the Recent Selloff...
Replies: 9
Views: 877

Re: Comparing Intermediate Bond Funds in the Recent Selloff...

watchnerd wrote:
Tue Mar 17, 2020 5:17 pm
+1 Treasuries (see sig)

re: corp bonds

I question why one would want to hold both ends of the business risk spectrum: owner/shareholder + lender/bond holder.

One of the two is plenty enough systemic risk.
What do you hold for the 15/15 parts? TLT for the long Treasuries and direct TIPS bonds?
by sfmurph
Mon Feb 24, 2020 5:23 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4948
Views: 429265

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

interestediniras wrote:
Mon Feb 24, 2020 2:36 pm
About ten months ago, I settled on 60% UPRO / 30% TMF / 10% UGLD and have been sticking to this since. Perhaps it's naive, but my portfolio's been doing well so far.
I considered that too, but didn't pull the trigger. Do you have concerns about UGLD being an ETN and not an ETF?
by sfmurph
Fri Feb 14, 2020 5:14 pm
Forum: Non-US Investing
Topic: How to Move to Switzerland and Still be a Boglehead
Replies: 18
Views: 2745

Re: How to Move to Switzerland and Still be a Boglehead

2. Banking: We will definitely need to open a Swiss bank and can't continue relying on Ally for all our banking needs Credit Suisse and UBS are the Wells Fargo and BofA of Switzerland, for the good and bad. Each canton has a "cantonal bank" (almost). These have some kind of federation, so the work ...
by sfmurph
Fri Feb 14, 2020 4:58 pm
Forum: Non-US Investing
Topic: How to Move to Switzerland and Still be a Boglehead
Replies: 18
Views: 2745

Re: How to Move to Switzerland and Still be a Boglehead

Buy this book: Living and Working in Switzerland: A Survival Handbook by David Hampshire.

There's a lot about Switzerland that is unique, and this covers a lot of it, in English. It's a very good place to start.
by sfmurph
Sun Feb 09, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4948
Views: 429265

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Is anyone using Interactive Brokers for this? It seems that at least UPRO is "hard-to-borrow" and IBKR has a Stock Yield Enhancement Program that pays out half of the interest gained from lending out shares. Seeing as this is a buy-and-hold strategy, I wonder what that is paying.
by sfmurph
Fri Feb 07, 2020 12:20 am
Forum: Personal Consumer Issues
Topic: Anyone watch the Amazon series “The Expanse”?
Replies: 50
Views: 5493

Re: Anyone watch the Amazon series “The Expanse”?

So good. My only mistake is is that I started watching season 4 with my 14-year-old. He had so many questions, that we went back to season 1. Which is also awesome! I had read all the books, and I still had to re watch episodes of Season 1 to follow it. To be clear, that is a GOOD thing. I like it ...
by sfmurph
Thu Feb 06, 2020 11:33 pm
Forum: Personal Consumer Issues
Topic: Anyone watch the Amazon series “The Expanse”?
Replies: 50
Views: 5493

Re: Anyone watch the Amazon series “The Expanse”?

So good. My only mistake is is that I started watching season 4 with my 14-year-old. He had so many questions, that we went back to season 1. Which is also awesome!
by sfmurph
Sat Feb 01, 2020 3:24 pm
Forum: Personal Investments
Topic: Middle aged dude starting from scratch with my proposed portfolio.
Replies: 58
Views: 5772

Re: Middle aged dude starting from scratch with my proposed portfolio.

Hi. I’ll go by Jack Kevin . Fixed that for you. ;) As a recovering addict/alcoholic I’ve never done anything regarding investing or retirement. Now that I’m sober and nearly 40, I’m trying to get a financial plan together. My family never had money growing up so I’m very financially illiterate. I’m...
by sfmurph
Tue Jan 14, 2020 1:11 am
Forum: Personal Investments
Topic: Thoughts about Akre Focus Retail Class AKREX
Replies: 4
Views: 498

Re: Thoughts about Akre Focus Retail Class AKREX

Are you in this because of Bob Brinker? Also, the management changed on this fund in the last 18 months or so.
by sfmurph
Sun Jan 12, 2020 7:35 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4948
Views: 429265

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Thinking about taxes on these, specifically for the leveraged bond funds. Normally, bond funds are recommended in tax deferred accounts due to the regular dividend yield. But for the leveraged funds like TMF & UBT (20 year) and TYD & UST (7-10 year), they have distributions in the 0.9% range. So the...
by sfmurph
Fri Jan 10, 2020 6:18 pm
Forum: Personal Investments
Topic: Inherited lump sum... What do I do?
Replies: 41
Views: 2077

Re: Inherited lump sum... What do I do?

An option for the mortgage would be to refinance for 15 years. That should get the interest rate down near 3%. Considering this is not your forever home it doesn't make a lot of sense to me to tie up your capital in it. Look into the details of your 401k and see if it allows for after-tax contribut...
by sfmurph
Fri Jan 10, 2020 5:50 pm
Forum: Personal Investments
Topic: Transition from indiv stocks to index funds
Replies: 17
Views: 933

Re: Transition from indiv stocks to index funds

About $240K of that are stocks I inherited two years ago. If you inherited these, I believe you should get a "step-up basis" so for these stocks, your cost basis should just be two years old. Keeping in mind the income and Social Security limits that others brought up, you should sell as much of th...
by sfmurph
Wed Jan 08, 2020 1:05 pm
Forum: Personal Investments
Topic: Using ICSH for funds I expect to need in 6 to 12 months
Replies: 12
Views: 1118

Re: Using ICSH for funds I expect to need in 6 to 12 months

I like VRIG (Invesco Variable Rate Investment Grade). ER of 0.20% and yield just over 3%. Government and corporate bonds with a very short duration.
by sfmurph
Tue Jan 07, 2020 9:54 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4948
Views: 429265

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I'm curious as to what TMF and EDV (and TDY, honestly) will look like tomorrow.
by sfmurph
Tue Jan 07, 2020 7:13 pm
Forum: Personal Investments
Topic: New job without 401k/Backdoor Roth help needed
Replies: 6
Views: 365

Re: New job without 401k/Backdoor Roth help needed

Leave the money in her current (old employer) 401(k), then roll it into her newly eligible 401(k) in one year