Search found 94 matches

by sfmurph
Wed Aug 26, 2020 11:17 am
Forum: Personal Investments
Topic: Utah to California 529 plan switch?
Replies: 5
Views: 379

Re: Utah to California 529 plan switch?

I moved from the California plan to Fidelity's "national" Unique 529 plan. For me, having the accounts in the same interface as my other accounts is worth it, and having the Fidelity Visa deposit the 2% cash back into the 529 accounts is another bonus for me. (I believe that Merrill Edge can also de...
by sfmurph
Tue Aug 18, 2020 12:10 am
Forum: Personal Investments
Topic: Wells Fargo or JP Morgan wealth management
Replies: 19
Views: 1915

Re: Wells Fargo or JP Morgan wealth management

000 wrote: Sat Aug 15, 2020 4:15 pm FPL capital (not an endorsement, never worked with them before, but they seem lower cost than most).
Facet Wealth is a similar fee-only advisor ($1,000 - $6,000 per year, not a percentage). Keep the assets at a place like Schwab or Fidelity.
by sfmurph
Fri Aug 07, 2020 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 201
Views: 18585

Re: What percent of net worth should a persons house be?

3. Owning your home is an excellent hedge against long-term inflation in *your rent.* … It's only the most unmoored people who can move around the country at a moment's notice to the cheapest rent that don't benefit from a rent hedge--for them, yes, home ownership would be taking on idiosyncratic r...
by sfmurph
Wed Aug 05, 2020 4:18 pm
Forum: Personal Investments
Topic: VTIAX vs VXUS Expense Ratios
Replies: 8
Views: 1208

Re: VTIAX vs VXUS Expense Ratios

Until now, I've never seen any advantage in ETFs, and generally find them annoying to deal with (need to trade during market open hours, settlement time, small spreads, etc.). You can always place an order outside of market hours for the next day. It's not that different from end of day settlement....
by sfmurph
Wed Aug 05, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1068
Views: 104001

Re: Lifecycle Investing - Leveraging when young

RayKeynes wrote: Wed Aug 05, 2020 12:21 am IBKR does currently charge 1.6% on a yearly Basis on USD loans ;)
At the "IBKR Pro" level, yes. At the "Lite" level, it's 2.6%. Both are higher than the ERs in the 3x ETFs, but you do get more flexibility with a margin loan. There's no 3x version of VT, for example.
by sfmurph
Tue Aug 04, 2020 11:40 pm
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 1068
Views: 104001

Re: Lifecycle Investing - Leveraging when young

So I just upgraded my IBKR account to margin and thinking about leveraging as I'm only 29 years old. My issue is that 2/3 of my assets are currently in tax-deferred accounts with no option for leveraging up and the other 1/3 on IBKR. There is no safe way to approach this. If I want 125% overall sto...
by sfmurph
Tue Aug 04, 2020 5:08 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on bonds from Fed decision...
Replies: 111
Views: 7795

Re: Thoughts on bonds from Fed decision...

I think we have no choice, but to take more risk by increasing bond duration and/or reducing bond quality and/or increasing equity portion of portfolio eventually. Another way to take more risk would be to use leverage.It would probably be some combination of bond duration and quality, bond-to-equi...
by sfmurph
Tue Aug 04, 2020 2:30 pm
Forum: Personal Investments
Topic: How to sell a UK stock certificate in USA?
Replies: 17
Views: 676

Re: How to sell a UK stock certificate in USA?

Thanks for the feedback. I did go into Schwab and Fidelity branches last year showing them the stock certificate, but neither was able to accept it. I only know of a few other brokers such as Vanguard, and TD Ameritrade - planning to reach out to them as well. Are there any other brokers besides th...
by sfmurph
Sun Aug 02, 2020 12:49 pm
Forum: Non-US Investing
Topic: Seeking Advice First Investment Portfolio [Portugal]
Replies: 8
Views: 818

Re: Seeking Advice First Investment Portfolio [Portugal]

joaommota.me wrote: Sat Aug 01, 2020 6:23 pm
DJN wrote: Sat Jul 25, 2020 7:15 am I use Interactive Brokers (IBKR) they are very good and excellent with currencies (and deGiro).
First of all, I checked and IKBR is not available in my country so when I start I will use Degiro.
Portugal is on Interactive Brokers' list of available countries.
by sfmurph
Sun Aug 02, 2020 12:29 pm
Forum: Investing - Theory, News & General
Topic: Epic Portfolio backtest -- thanks Siamond
Replies: 42
Views: 2457

Re: Epic Portfolio backtest -- thanks Siamond

The thing I do not understand is your apparent inference that modern inflation might be a function of the value of gold? Why would that be? Inflation is what it is, the changes of price of a wide basket of goods. That's the definition of price inflation. Looking at "monetary inflation," before the ...
by sfmurph
Fri Jul 31, 2020 11:32 pm
Forum: Investing - Theory, News & General
Topic: Lost duodecade in international (ASWX, VEU, CWI)
Replies: 95
Views: 4657

Re: Lost duodecade in international (ASWX, VEU, CWI)

dziuniek wrote: Fri Jul 31, 2020 3:44 pm Anyone else had to look up duodecade?

Heard it here first folks!
I did!

(I figured there was a dodecahedron / dozen word for 12 years, and I was happy to see that there was!)
by sfmurph
Fri Jul 31, 2020 3:32 pm
Forum: Personal Investments
Topic: 22 Years Old - Portfolio Feedback After Switching to Boglehead Method
Replies: 10
Views: 550

Re: 22 Years Old - Portfolio Feedback After Switching to Boglehead Method

Questions: 1. I maxed out my 2019 and 2020 Roth IRA. I have my emergency fund built pretty nicely. *** Should I put my extra money each month to invest in my taxable account? or is there another method you all might want me to do? (Note: Current College Student working at a restaurant. There is no ...
by sfmurph
Tue Jul 28, 2020 12:53 pm
Forum: Personal Investments
Topic: NTSX 60%, UPRO 15% and TMF 25%
Replies: 14
Views: 1275

Re: NTSX 60%, UPRO 15% and TMF 25%

I provided some numbers on this thread (second post on the page). https://www.bogleheads.org/forum/viewtopic.php?t=302218&start=50 I found only one year that a 90/60 allocation performed worse than 100% stock. You could do you own calculation to see how it would work out with your proposed allocati...
by sfmurph
Thu Jul 23, 2020 3:06 pm
Forum: Investing - Theory, News & General
Topic: Lost duodecade in international (ASWX, VEU, CWI)
Replies: 95
Views: 4657

Re: Lost duodecade in international (ASWX, VEU, CWI)

For me, this points to investing in VT / VTWAX (Vanguard's Total World Stock Index Fund). I have a hard time staying the course when a particular "tilt" falls so far behind. I wasn't comfortable with SCV for the same reason.
by sfmurph
Thu Jul 23, 2020 12:26 pm
Forum: Investing - Theory, News & General
Topic: Lost duodecade in international (ASWX, VEU, CWI)
Replies: 95
Views: 4657

Re: Lost duodecade in international (ASWX, VEU, CWI)

The start of this period was the start of the ASWX ETF. Of course that period just happened to be 0% growth, but yes, it's still a form of cherry-picking. The decade previous was a lost decade for US stocks. (And I know there's no predicting what the 2020s will bring.)
by sfmurph
Wed Jul 22, 2020 10:52 pm
Forum: Investing - Theory, News & General
Topic: Lost duodecade in international (ASWX, VEU, CWI)
Replies: 95
Views: 4657

Lost duodecade in international (ASWX, VEU, CWI)

The international (global ex-US) has now had a lost 12 years: from May 2008 to May 2020, the returns are effectively 0%, worse if you consider inflation and tax-drag. Here's a Portfolio Visualizer of ASWX, CWI and VEU , 3 different ETFs tracking non-US. I do wonder what the US markets would look lik...
by sfmurph
Tue Jul 21, 2020 12:39 am
Forum: Spain
Topic: Future Move to Spain: Looking for opinions on approach
Replies: 6
Views: 1144

Re: Future Move to Spain: Looking for opinions on approach

I'm a big fan of index funds and all of my holdings (outside of the 401(k)) are with Vanguard. Mutual funds or ETFs? You can't buy more of a mutual fund if you live outside the US (and I understand that Vanguard may liquidate existing holdings too). You should be able to convert to ETF class shares...
by sfmurph
Fri Jul 17, 2020 2:24 pm
Forum: Personal Investments
Topic: Here Is My Full Picture - Where To Go From Here?
Replies: 8
Views: 1233

Re: Here Is My Full Picture - Where To Go From Here?

The flip side is the opportunity cost of not having the cash when another property pops up in the area that I want to snag. I think this should be a key part of your IPS: how to quickly get the cash to buy another property without incurring a huge tax drag. I would recommend the combination of Roth...
by sfmurph
Thu Jul 16, 2020 11:46 pm
Forum: Personal Investments
Topic: Here Is My Full Picture - Where To Go From Here?
Replies: 8
Views: 1233

Re: Here Is My Full Picture - Where To Go From Here?

My question is trying to figure out my future path with regards to what investments I should be focusing on the most going forward. … (one of the reasons my operating expenses are so low is because I do pretty much everything myself on my rentals). … I haven't found [a financial advisor] who is wil...
by sfmurph
Sun Jul 12, 2020 6:04 pm
Forum: Personal Investments
Topic: Consolidating to Fidelity
Replies: 30
Views: 3464

Re: Consolidating to Fidelity

My future investments (or reinvestment of dividends) at Fidelity can be in Vanguard ETFs with no fee, but there will be a $75 if I choose to invest in Vanguard Mutual Funds. To avoid the $75 Vanguard mutual fund fees, and if you prefer mutual funds... If the funds are in a tax-advantaged account (4...
by sfmurph
Sun Jul 12, 2020 6:00 pm
Forum: Personal Investments
Topic: Current problems with 3 fund approach
Replies: 45
Views: 3698

Re: Current problems with 3 fund approach

Croweater wrote: Sat Jul 11, 2020 10:20 am I’m thinking the 3 fund approach should just be a one fund approach, at least until interest rates normalize.
90% VT
10% high yield savings
by sfmurph
Sat Jul 04, 2020 2:25 pm
Forum: Personal Investments
Topic: High net worth portfolio advice
Replies: 154
Views: 20309

Re: High net worth portfolio advice

Guess which one has more tax cost: BND or VTI? I wasn't sure about this, so I went to try to find out. Morningstar calculates a tax cost ratio for funds. It's meant to be kind of comparable to an expense ratio, though I imagine it doesn't take into account tax rates. For VTI, Morningstar calculates...
by sfmurph
Sun Jun 28, 2020 11:55 am
Forum: Personal Investments
Topic: I want to leave Raymond James -- Please help me decide where to go.
Replies: 62
Views: 3143

Re: I want to leave Raymond James -- Please help me decide where to go.

Another brokerage to consider would be Ally. With their Ally Invest brokerage, you can buy ETFs like VT, VTI or VXUS for no transaction fee. They are more known for their high-yield savings accounts (currently at 1.1%). For Fidelity, Schwab and e*trade, the rates they pay on your cash are very low. ...
by sfmurph
Tue Jun 23, 2020 1:05 pm
Forum: Personal Investments
Topic: Help me advise my 20 year old
Replies: 54
Views: 3164

Re: Help me advise my 20 year old

If he's in the Air Force, point him to The Military Guide blog. There's a book the that would likely be a good place to start.

If he wants to mess around with $500 at Robinhood or wherever, that could be considered "play money," but he really should look at the TSP and start putting money there.
by sfmurph
Fri Jun 19, 2020 5:37 pm
Forum: Personal Investments
Topic: "Low Cost" AUM That Manage Across Multiple Institutions?
Replies: 12
Views: 474

Re: "Low Cost" AUM That Manage Across Multiple Institutions?

I think this is a market opportunity for a kind of "hub brokerage" that uses robo-advisors. You could have an IRA with Ally, and their robe advisor could have some kind of read-only access to the other accounts, but only trade in the Ally IRA or give advice to trade in the other accounts. Could be a...
by sfmurph
Fri May 15, 2020 1:25 pm
Forum: Personal Investments
Topic: What to do with RSUs and stock?
Replies: 30
Views: 1864

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: 11831

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: 11831

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: 11831

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: 11831

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: 11831

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: 482

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: 3024

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: 3024

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: 3024

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: 3024

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: 3024

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: 3024

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: 3024

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: 11831

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: 3024

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: 3024

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: 11831

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: 11831

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: 11831

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: 11831

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: 11831

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: 11831

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: 11831

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: 1307

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...