Search found 135 matches

by Prettyfrtnt
Fri Nov 15, 2019 10:18 pm
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 78
Views: 5892

Re: Preparing for a down market

OP, 1) I have 1 1/2 years of expense in my emergency fund. 2) My plan is to never rebalance below 5 years of expense in fixed income. 3) My AA is 60/40. 4) Realistically, I see money as the least of my problem if the recession lasted more than 4 years. I will move on to my plan B, C, and D way befo...
by Prettyfrtnt
Wed Nov 06, 2019 10:39 pm
Forum: Personal Investments
Topic: IUL provided by employer...
Replies: 4
Views: 259

Re: IUL provided by employer...

Thanks for all the replies especially that I can convert it to an annuity at the end my employment. This is in no way a headache. I am happy to have the benefit. I figured it was basically a net benefit for me so I did it. I just wanted the BH advice given how complex it is. And knowing that the $50...
by Prettyfrtnt
Wed Nov 06, 2019 9:55 pm
Forum: Personal Investments
Topic: Backdoor Roth left a few dollars in traditional IRA does this cause pro rata??
Replies: 15
Views: 788

Re: Backdoor Roth left a few dollars in traditional IRA does this cause pro rata??

Prettyfrtnt wrote:
Wed Nov 06, 2019 9:54 pm
This is a backdoor Roth so the IRA was made w taxed dollars.
I don’t think I can convert more this year as I converted $6000.
by Prettyfrtnt
Wed Nov 06, 2019 9:51 pm
Forum: Personal Investments
Topic: IUL provided by employer...
Replies: 4
Views: 259

IUL provided by employer...

Thanks for all of the advice BH’s!! So my employer signed up for IUL for employees. Basically it’s a fairly standard IUL. They pay $18000 a year of which $4500 get taken off the top as a commission (bunch of ridiculous riders and a life insurance benefit etc.). They pay this for me free of charge. I...
by Prettyfrtnt
Wed Nov 06, 2019 9:35 pm
Forum: Personal Investments
Topic: Backdoor Roth left a few dollars in traditional IRA does this cause pro rata??
Replies: 15
Views: 788

Backdoor Roth left a few dollars in traditional IRA does this cause pro rata??

So I did the backdoor Roth. One day I added $6000 into vanguard traditional IRA. Then the next day I converted $6000 to Roth IRA. Unfortunately it left like $2 in traditional IRA... is this a problem from the standpoint of the prorata rule? How can I get rid of the $2 if I need to? Don’t have any ot...
by Prettyfrtnt
Sat Nov 02, 2019 7:22 pm
Forum: Personal Investments
Topic: Worried I am getting addicted to individual stocks.
Replies: 113
Views: 7349

Re: Worried I am getting addicted to individual stocks.

I’m afraid I’m getting addicted to VTI. It’s really addictive.
by Prettyfrtnt
Fri Nov 01, 2019 9:20 pm
Forum: Personal Investments
Topic: Origin Investments
Replies: 7
Views: 556

Re: Origin Investments

The website makes me log in to really understand the investments. I’d be curious to hear WCI’s rationale for this investment. How does it use depreciation to shield capital gains exactly?
by Prettyfrtnt
Fri Nov 01, 2019 9:10 pm
Forum: Personal Investments
Topic: Reduce oil/coal investments seeing as they are doomed
Replies: 16
Views: 1458

Re: Reduce oil/coal investments seeing as they are doomed

Energy is 4.5% of the S&P 500 right now with Exxon and Chevron being the only two energy companies in the top 30 S&P stocks. Note that both Exxon and Chevron are in natural gas and renewable businesses, too. Internationally so are Shell and BP. Conclusion? The market seems to agree with you and has...
by Prettyfrtnt
Fri Nov 01, 2019 8:22 pm
Forum: Personal Investments
Topic: Reduce oil/coal investments seeing as they are doomed
Replies: 16
Views: 1458

Reduce oil/coal investments seeing as they are doomed

Just curious if anyone has some BH advice for someone who basically is a three funder. But at the same time I can see a political and economic future that is less reliant on coal and oil. Natural gas is a possible transition fuel in the near to long term. I know we don’t market time or try to see th...
by Prettyfrtnt
Sun Oct 27, 2019 4:46 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20520

Re: I’m done with index funds

It’s impossible to really comment on the OP’s strategy without knowing what capital gains he is locked in to on his stock options when he has to mature them and those timelines and the current size of his brokerage account. $200,000 capital gains in a year with an s and p up 20% and assuming he has ...
by Prettyfrtnt
Sun Oct 27, 2019 12:09 am
Forum: Personal Investments
Topic: New high income earner
Replies: 39
Views: 4714

Re: New high income earner

Hey congrats you have your mind right and you are helping those who helped you and a great income!! Kudos on 20k savings a month. You do have the mindset and discipline to be FI (financially independent) very soon. Whole life is a disaster. The worst is when it’s a friend or family member selling it...
by Prettyfrtnt
Tue Oct 22, 2019 11:44 pm
Forum: Investing - Theory, News & General
Topic: "Dogs of the Dow" in a Roth IRA with Zero Commissions
Replies: 52
Views: 3359

Re: "Dogs of the Dow" in a Roth IRA with Zero Commissions

I don't agree with putting all my net worth into total market index funds. This prevents me from having the opportunity to outperform. I don't like to preclude myself of any opportunities to do better than the average. I reach for high performance. Well index funds beat the smart guys 88%+-of the t...
by Prettyfrtnt
Tue Oct 22, 2019 11:35 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12097

Re: High income earner waiting for a bear market to start investing

What if the market stays “up” for the next 17 years? What’re you gonna do with all your extra loot? Bury it in the back yard? If the OP has more money than they could ever spend, why invest in a risky asset? :| It's a good question, but I believe that a portfolio of all cash and/or all bonds is ris...
by Prettyfrtnt
Tue Oct 22, 2019 4:56 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12097

Re: High income earner waiting for a bear market to start investing

OP should be the last person on the planet worried about a market downturn or his psychology with managing a downturn. OP should be buying as much VTI as he can humanly lay his hands on the next 30-40 years. OP should pray for a downturn. Did we decide he is a surgeon? If so he doesn’t even need to ...
by Prettyfrtnt
Mon Oct 21, 2019 9:26 pm
Forum: Personal Investments
Topic: Large Position in Fidelity Blue Chip (FBGRX)
Replies: 24
Views: 2291

Re: Large Position in Fidelity Blue Chip (FBGRX)

Standard advice for getting out of a taxable investment that has large unrealized capital gains: 1. Stop any automatic reinvesting if that is used. 2. Give away shares to charity. 3. Give away shares to children or others that would pay lower taxes and have them sell it. 4. Sell shares later when i...
by Prettyfrtnt
Mon Oct 21, 2019 7:28 pm
Forum: Personal Investments
Topic: Bonds in taxable math review request
Replies: 2
Views: 337

Re: Bonds in taxable math review request

I don't understand why you have chosen to compare 2 completely different asset allocations, but by stroke of luck I suppose you came up with a similar end result as Jim did on his website though he used different assumptions https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ . No...
by Prettyfrtnt
Sun Oct 13, 2019 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Home Buying Advice
Replies: 15
Views: 1685

Re: Home Buying Advice

Great job OP you don’t need any advice because you have a great plan in many ways.

This home won’t hurt your retirement. Enjoy it and let your kids and family enjoy it. Very reasonable. Thanks for teaching. Keep low from a FAFSA perspective. Better than any 529.
by Prettyfrtnt
Sun Oct 13, 2019 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Should I invest in a ski in / ski out condo?
Replies: 50
Views: 5300

Re: Should I invest in a ski in / ski out condo?

Every year around this time, I start thinking about ski season. One thing that I always have been interested in is buying a ski in / ski out condo. Wanted to see any comments about whether this would be a good idea. Here's the situation: The ski in / ski out lodge is in an affordable, yet growing a...
by Prettyfrtnt
Sun Oct 13, 2019 10:41 pm
Forum: Personal Investments
Topic: What’s the point of a taxable account?
Replies: 62
Views: 6800

Re: What’s the point of a taxable account?

Hey all, The more I read the forum, the more I see people bring up questions regarding taxable accounts. At age 29, I will be honest that 75% of my total portfolio is in a taxable account (vtsax), the remaining 25% in a Roth IRA. Every week deposit into my Roth IRA account, while also buying into m...
by Prettyfrtnt
Sun Oct 13, 2019 9:59 pm
Forum: Personal Investments
Topic: 401k w Megabackdoor 56k what part of first 19k should be Roth
Replies: 5
Views: 681

401k w Megabackdoor 56k what part of first 19k should be Roth

Okay here is I think a complex BH question. Assume 37/5 tax bracket. High earnings. Retirement in 25 years. Age 40. No match. In my 401k I have 19k which can be Roth and 37k megabackdoor that must be Roth. In the first 19k should I do Roth or standard 401k? I can split 9.5/9.5 or do 19k standard or ...
by Prettyfrtnt
Sun Oct 13, 2019 7:07 pm
Forum: Personal Investments
Topic: Sounds too good to be true - converting after tax 401k contributions immediately to Roth 401k
Replies: 13
Views: 1855

Re: Sounds too good to be true - converting after tax 401k contributions immediately to Roth 401k

I am over 50 at a big-co and currently max out on my pre tax 401k contributions and my catch up. Employer has tiered match up to 7%. I called Fidelity on some 401k contributions questions and the advisor tells me my plan allows me to add after tax dollars (up to the gross :D :D federal limit) and F...
by Prettyfrtnt
Sun Oct 13, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Is Utah the most convenient "Out West" destination for East Coast skiers?
Replies: 42
Views: 4607

Re: Is Utah the most convenient "Out West" destination for East Coast skiers?

Utah is terrible. Expensive, awful inversions, mean locals, bad food, lousy accomodations, no snow, bitterly cold temperatures, lifts that break down all the time, expensive, inconvenient parking, too many snowboarders, and yetis. Stay away. I've heard that. :evil: Utah is convenient direct from th...
by Prettyfrtnt
Fri Oct 11, 2019 8:04 pm
Forum: Personal Investments
Topic: Personal Investment [Does timing the market work?]
Replies: 13
Views: 1017

Re: Personal Investment [Does timing the market work?]

Funny, I have been playing with this for the last month. I recently moved 25K from my savings account to my Vanguard MM account. I figured I would wait until the market shifted downward to invest this money. Now this is a very small portion of my portfolio, but still I figured why throw it in when ...
by Prettyfrtnt
Fri Oct 11, 2019 5:45 pm
Forum: Personal Investments
Topic: How to TLH from VTIAX to IXUS on VG website?
Replies: 13
Views: 846

Re: How to TLH from VTIAX to IXUS on VG website?

Might not be able to TLH next week. Trade deal.
by Prettyfrtnt
Fri Oct 11, 2019 12:41 am
Forum: Personal Investments
Topic: Please Critique My Financial State!
Replies: 7
Views: 1606

Re: Please Critique My Financial State!

Here’s a small hint... you’ll be fine with or without the bogelheads. Even 2% aum couldn’t derail your plan. Please give to charity ASAP. That being said stop at 2 kids. Oh and unlock the megabackdoor Roth. Just for basic sanity. 3k amazon is 1.5 shares whaaa? Here is a very simple hint with those e...
by Prettyfrtnt
Tue Oct 08, 2019 3:04 pm
Forum: Personal Investments
Topic: Overfunding a 529 - weighing risk / reward
Replies: 18
Views: 1792

Re: Overfunding a 529 - weighing risk / reward

The penalty for non-qualified withdrawals is two fold: First you pay a 10% penalty and you also have to pay income tax at your marginal tax rate. For most Bogleheads, your marginal tax rate is much, much higher than long term capital gains tax. Most parents do not fund kids grad school. In many cas...
by Prettyfrtnt
Mon Oct 07, 2019 11:37 pm
Forum: Personal Investments
Topic: Asset Allocation - retirement date versus age?
Replies: 21
Views: 1581

Re: Asset Allocation - retirement date versus age?

I was reviewing my IPS and I'm trying to determine if I should change my AA glide path. Our numbers: 39F/40M,1YO baby. Current gross approx $360k per year. Probably no huge raises: expect 2.5% - 3% inflation adjusted raises in the future. Saving $96k this year in tax advantaged and taxable accounts...
by Prettyfrtnt
Sun Oct 06, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?
Replies: 289
Views: 22226

Re: Do people in HCOL areas have a higher net worth and more wealth building potential than LCOL?

OP: the answer to your riddle is incredibly simple. The answer is known by a vast majority of my friends. Live in a very nice LCOL area but have a high earning job. Do this with careers that are more likely to allow telecommuting (tech or journalism) or actual commuting (consulting or attorney or ai...
by Prettyfrtnt
Sun Oct 06, 2019 9:36 am
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 13451

Re: I pulled out... How do I get back in?

Thoughts to help you buy and hold and not worry about the market going up or down: 1) Every day the market is more like to go up than down. I read a study that the downs are slightly more than the ups which we all know but if you look at the historical returns of the market any given day is stacked ...
by Prettyfrtnt
Sat Oct 05, 2019 5:47 pm
Forum: Personal Investments
Topic: All in on VT?
Replies: 30
Views: 4731

Re: All in on VT?

Loss of flexibility to tax-loss harvest is one drawback, but VT is less tax-efficient than holding a combination of US and non-US index funds in a variety of ways. You can do a search on her me to find the discussion of that. If you want a world market cap allocation, just hold VTI and IXUS or VXUS...
by Prettyfrtnt
Fri Oct 04, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1802

Re: Public Service Loan Forgiveness - Non Profit employees

I tried to do this with my debt. The issue is you need 10 years of income qualified payments. If you look at what that amount is... you will easily pay off your loans first. In my experience on 100k debt you can pay really small payments like $400 a month. But these don’t qualify. You’ll find the qu...
by Prettyfrtnt
Thu Oct 03, 2019 9:08 pm
Forum: Personal Investments
Topic: HEDGEFUNDIE's portfolio: How to create it?
Replies: 39
Views: 2465

Re: HEDGEFUNDIE's portfolio: How to create it?

What accounts do you guys have at M1? Does it always need to be Roth money. Or can this be done with aftertax or trad IRA or a trad 401k??
by Prettyfrtnt
Wed Oct 02, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 14087

Re: Willingly going from lucrative job to unemployed?

I left my extremely lucrative tech job at 23 after a very cash friendly Goldman IPO in 1998 and everyone thought I was insane (before .com bubble then more acceptance). I went for a graduate degree and a job I would respect myself in. I left 10+ years of earnings on the table. I was burned out and n...
by Prettyfrtnt
Wed Oct 02, 2019 9:36 am
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 2936

Re: Munis in Taxable or Bonds in the 401K?

I think your logic is backward. If you want to benefit the most from long term gains, you would not want those gains taxed as ordinary income in retirement. You would want them tax free (Roth) first, or taxed as LTCG (taxable). 401k would be the last place to locate gains, so therefore the best acc...
by Prettyfrtnt
Wed Oct 02, 2019 9:34 am
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 2936

Re: Munis in Taxable or Bonds in the 401K?

This is an argument for bonds in taxable, but not necessarily for total bond in taxable. People who are/will be in a higher tax bracket should probably be using tax-exempt bonds instead of total bond. I used the term bond loosely. The question posed actually used the term fixed income. How about on...
by Prettyfrtnt
Tue Oct 01, 2019 7:57 pm
Forum: Personal Investments
Topic: Roth 403b mega backdoor with fidelity to traditional Roth ira
Replies: 4
Views: 300

Re: Roth 403b mega backdoor with fidelity to traditional Roth ira

Thank you so much. I am employed and have fidelity and thanks to the very kind help of the BH’s I have a 403b Roth at six figures. I am simply asking if my plan does allow the conversion if I should open up a Roth IRA at fidelity and push this money from my Roth 403b (after tax money that has been c...
by Prettyfrtnt
Tue Oct 01, 2019 7:51 pm
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 2936

Re: Munis in Taxable or Bonds in the 401K?

I don’t think there is a role for total bonds in taxable. At least until you’re older and retired. It’s awful when you are young and accumulating and in the 37%. As people above have said put the bonds into tax advantaged. Now in my situation people seem to comment about. I don’t personally want 100...
by Prettyfrtnt
Tue Oct 01, 2019 1:55 pm
Forum: Personal Investments
Topic: Roth 403b mega backdoor with fidelity to traditional Roth ira
Replies: 4
Views: 300

Roth 403b mega backdoor with fidelity to traditional Roth ira

Besides possibly having more choices in investments does it matter if I have 100k in my Roth 403b? Should I roll this to Roth IRA? Does it matter? Is this taxable? Thanks for all the BH help.
by Prettyfrtnt
Mon Sep 30, 2019 9:35 pm
Forum: Personal Investments
Topic: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...
Replies: 14
Views: 1002

Re: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...

Hawkeye great name!! I save right now over 60% after taxes so should be good. No debt. Goal would be to get to FI a few years ahead. Worst case I work a little longer. I’m trying to get to <2% withdrawal rate for my FI. What space do you have your epic adventure and yes I’ve read both threads? And d...
by Prettyfrtnt
Mon Sep 30, 2019 7:39 pm
Forum: Personal Investments
Topic: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...
Replies: 14
Views: 1002

Re: UPRO s and p 3x leverage in a brokerage account...

I also came across NTSX which seems to do the hedgefundie idea inside of the fund and have a bit less fees and leverage.
by Prettyfrtnt
Mon Sep 30, 2019 7:04 pm
Forum: Personal Investments
Topic: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...
Replies: 14
Views: 1002

Re: UPRO s and p 3x leverage in a brokerage account...

I see historical backtesting of 35% UPRO 65% tmf turning 10k into 10M if done in 1986 when the data is available.

Rebalancing 6-8 times a year. Is this feasible to do in a buy and hold long term after tax account?
by Prettyfrtnt
Mon Sep 30, 2019 6:49 pm
Forum: Personal Investments
Topic: UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...
Replies: 14
Views: 1002

UPRO s and p 3x leverage or NTSX 1.5 leverage w bonds in a brokerage account...

Morningstar shows 10k UPRO has gone up 25X with huge swings over the last 10 years. 250452 from 10k. If I believe in the fundamentals of the American economy and want to speed my path to ultimate FI can anyone give me a reason not to just toss an amount I would be comfortable losing say $25k into th...
by Prettyfrtnt
Mon Sep 30, 2019 11:42 am
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 2936

Re: Munis in Taxable or Bonds in the 401K?

^^ +1 Retired doc here. Originally handled account the way you suggested. Big mistake. 401k grows much too big over time (now over 8 figures), resulting in tax problems when its time for RMD’s. Much much better to keep equities in taxable and bonds in 401k. You’ll see. Good luck. Man I hope I have ...
by Prettyfrtnt
Sun Sep 29, 2019 10:18 pm
Forum: Personal Investments
Topic: Munis in Taxable or Bonds in the 401K?
Replies: 41
Views: 2936

Re: Munis in Taxable or Bonds in the 401K?

How about only keeping equities in the 401K to maximize long-term tax deferred return and keep all fixed income in the taxable acct in munis? Something like the VG intermediate tax-exempt fund (VWITX)? This is what I do in your situation after studying and reflecting on it for a long time... I use ...
by Prettyfrtnt
Sat Sep 28, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: White Coat Investor: How to Live on $350k (Income) in Hawaii
Replies: 68
Views: 7359

Re: White Coat Investor: How to Live on $350k (Income) in Hawaii

Thanks WCI!! To all the posters saying boo-hoo: WCI is offering amazingly good advice if you were yourself in this position. You all have no clue how absolutely ignorant most physicians are in regards to spending and saving. The average doctor I know makes almost all of these mistakes. You might not...
by Prettyfrtnt
Sat Sep 28, 2019 12:49 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth...
Replies: 1
Views: 294

Mega Backdoor Roth...

Thank you bogelheads!!

The true eighth wonder of the world.
by Prettyfrtnt
Fri Sep 27, 2019 8:23 pm
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4072

Re: When do you see affects of net worth?

I’ve done these calculations a lot. For me my own income becomes a minimal addition to net worth at around 10x my yearly pay invested into the three fund. Use the governments compound interest calculator with your base amount in the market and then change month additions from zero to your salary (or...
by Prettyfrtnt
Fri Sep 27, 2019 6:22 pm
Forum: Personal Investments
Topic: Bonds in Tax Deferred vs Munis in Taxable?
Replies: 16
Views: 1813

Re: Bonds in Tax Deferred vs Munis in Taxable?

I have struggled with this question as well. For the record I adore VWALX (high yield muni) in my taxable. I don’t live in a state with a state fund. I think the reason there is such a disconnect is the fact you are 40. I am as well. I would rather my 401 and Roth space be all in equities. I see no ...