Search found 58 matches

by Buy_N_Hold
Tue Oct 20, 2020 6:55 pm
Forum: Personal Investments
Topic: Financial Planning 23 Y/O
Replies: 21
Views: 1481

Re: Financial Planning 23 Y/O

So what are you actually investing in, in your three investment accounts? I recommend a fund like VTSAX or something similar. Buy and hold the index and over time you will become very wealthy! Try to open a Roth IRA and max it out every year through your 20’s if you can. That will pay HUGE dividends...
by Buy_N_Hold
Mon Oct 19, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining Dependent Care Spending Account
Replies: 9
Views: 513

Re: Explaining Dependent Care Spending Account

Just remember, since you are getting a tax break, the IRS will expect that the care giver is reporting the income on their taxes. You will probably need to provide their SSN or TIN or sign an affidavit. You can review the reimbursement form to see what they will require. We have been paying our nan...
by Buy_N_Hold
Mon Oct 19, 2020 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining Dependent Care Spending Account
Replies: 9
Views: 513

Re: Explaining Dependent Care Spending Account

Thanks for the input everyone. I think I’m going to give it a shot and see how it goes!
by Buy_N_Hold
Mon Oct 19, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining Dependent Care Spending Account
Replies: 9
Views: 513

Explaining Dependent Care Spending Account

I have access to a $5,000 per year dependent care spending account through my work, that allows me to contribute pre-tax money straight from my paycheck. I’m struggling to understand the math. We pay WAY more than $5,000 annually for childcare for our one year old. If I understand it correctly, I wo...
by Buy_N_Hold
Sun Oct 18, 2020 11:05 pm
Forum: Personal Investments
Topic: Admiral Shares vs ETF's
Replies: 19
Views: 1427

Re: Admiral Shares vs ETF's

I have just transferred our Roth Ira's to Vanguard. Also, I am in the process of listening to Vanguards professional services dept where you pay a fee of 0.30% to have them handle the account. They have recommended admiral shares and ETF's. Curios about reasoning for adding ETF's and should I just ...
by Buy_N_Hold
Sun Oct 18, 2020 11:33 am
Forum: Personal Investments
Topic: At what age did you start moving into bonds?
Replies: 79
Views: 4375

Re: At what age did you start moving into bonds?

For most of my investing lifetime, I was 100% equity. This was not because I intended to carry the risk, rather, it was because I didn't know any better. (I began investing in my 401k back in the mid-1980's, and knew nothing about proper asset allocation at the time; I just accepted the word of the...
by Buy_N_Hold
Sat Oct 17, 2020 9:04 pm
Forum: Personal Investments
Topic: New Investor - are bonds just a higher yielding savings account?
Replies: 19
Views: 1907

Re: New Investor - are bonds just a higher yielding savings account?

For the investor in your hypothetical situation, maintaining a 100% stock portfolio seems like a tenable position. The biggest risk in my opinion, and one that is not often discussed, is whether it may be possible for the US to experience an 80-90% crash in the stock market, similar to Japan’s in t...
by Buy_N_Hold
Sat Oct 17, 2020 7:01 pm
Forum: Personal Investments
Topic: New Investor - are bonds just a higher yielding savings account?
Replies: 19
Views: 1907

Re: New Investor - are bonds just a higher yielding savings account?

The classic 60/40 portfolio did so well for the past 40 years due to the long-term secular bull market in bonds. As interest rates have fallen and fallen and fallen, investors holding bonds have been rewarded with the double whammy of consistent capital gains on the bonds AND the ballast of the bond...
by Buy_N_Hold
Sat Oct 17, 2020 10:25 am
Forum: Personal Investments
Topic: S&P Index vs Total Market
Replies: 20
Views: 2391

Re: S&P Index vs Total Market

David_w wrote: Sat Oct 17, 2020 8:16 am Thank you to all of have taken the time to post such insightful replies. I appreciate all of you and your replies. I think I'll just go with the Total Market for his trust.
A great choice to be sure! You are in excellent company here at the BH forum. :D
by Buy_N_Hold
Fri Oct 16, 2020 10:12 pm
Forum: Personal Investments
Topic: S&P Index vs Total Market
Replies: 20
Views: 2391

Re: S&P Index vs Total Market

I just switched from S&P 500 funds to TSM funds, mainly due to the recent Tesla drama. The hype around S&P inclusion left a bad taste in my mouth. I like that a TSM holds all the relevant equities, so it avoids these kinds of issues. Also, if you buy into the idea of a “small company premium”, holdi...
by Buy_N_Hold
Fri Oct 16, 2020 9:41 pm
Forum: Personal Investments
Topic: Current thoughts on Fidelity Zero funds - especially International Index
Replies: 19
Views: 1672

Re: Current thoughts on Fidelity Zero funds - especially International Index

I would seriously consider using these funds if I had a Fidelity retail account. Hard to beat free! However, the hassle of switching is not worth it to me at this point relative to the $$ I would be saving on the expense ratio savings. If I was counseling someone with a few million in assets looking...
by Buy_N_Hold
Mon Oct 12, 2020 9:42 pm
Forum: Personal Investments
Topic: Advice: What account is best for young millennial?
Replies: 22
Views: 1814

Re: Advice: What account is best for young millennial?

I have used You Invest from JP Morgan and I like it a lot! Easy to use and it recently became commission free. It’s a nice option to consider, especially if she already banks with Chase.
by Buy_N_Hold
Sat Oct 10, 2020 2:23 pm
Forum: Personal Investments
Topic: Chase Private Client -- Worth it to hold Vanguard Funds?
Replies: 45
Views: 21794

Re: Chase Private Client -- Worth it to hold Vanguard Funds?

arf30 wrote: Sat Oct 10, 2020 2:13 pm The Sapphire banking account seems better if you want to do this - it's a 75k minimum instead of 250k (soon to be 150k) and has basically identical perks and fee structure. You could also sign up for CPC for the bonus and downgrade to Sapphire later for the lower minimums.
+1
by Buy_N_Hold
Sat Oct 10, 2020 2:06 pm
Forum: Personal Investments
Topic: Chase Private Client -- Worth it to hold Vanguard Funds?
Replies: 45
Views: 21794

Re: Chase Private Client -- Worth it to hold Vanguard Funds?

I have my Roth IRA through Chase and hold Vanguard Admiral shares with no fees to buy or sell. Also to the OP, the threshold for Private Client is actually being lowered from $250k to $150k, starting next month. Just as an FYI. For individuals sending wires I think it can be quite worth it. 💪 Just ...
by Buy_N_Hold
Sat Oct 10, 2020 1:03 pm
Forum: Personal Investments
Topic: Chase Private Client -- Worth it to hold Vanguard Funds?
Replies: 45
Views: 21794

Re: Chase Private Client -- Worth it to hold Vanguard Funds?

I have my Roth IRA through Chase and hold Vanguard Admiral shares with no fees to buy or sell. Also to the OP, the threshold for Private Client is actually being lowered from $250k to $150k, starting next month. Just as an FYI. For individuals sending wires I think it can be quite worth it. 💪
by Buy_N_Hold
Mon Oct 05, 2020 7:16 pm
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 29997

Re: Should We Ever Save for Children's College?

It depends on your family dynamic. My wife and I were both able to get full rides, so we are just banking on that for our daughter. If you are flexible with the choice of school, there is lots of money out there to take advantage of!
by Buy_N_Hold
Mon Oct 05, 2020 5:23 pm
Forum: Personal Investments
Topic: need a reality check
Replies: 25
Views: 2820

Re: need a reality check

It's just personal expectation, right? if 8% is fine for you then that's fine. But if OP wants 15% then he can't follow your lead, correct? Not saying your 8% is subpar, but it might not be enough for someone else. OP never said he wanted 15%. In my opinion chasing 15% is a great way to wind up wit...
by Buy_N_Hold
Mon Oct 05, 2020 2:42 pm
Forum: Personal Investments
Topic: need a reality check
Replies: 25
Views: 2820

Re: need a reality check

Over the long-run, the vast majority of individual investors fail to beat a simple S&P 500 index fund. I think the reason for this is quite simple. If you truly understand how an index fund works, you won't feel as much temptation to sell. That's the beauty of the strategy. If you load up on exciti...
by Buy_N_Hold
Mon Oct 05, 2020 10:16 am
Forum: Personal Investments
Topic: Contrafund vs SP Index Fund
Replies: 22
Views: 2865

Re: Contrafund vs SP Index Fund

I've had Fidelity Contrafund as part of my portfolio for a very long time. In general, it's done well for me. In retirement, I'm now paying more attention to the costs of this fund, especially compared to the SP 500 Index one. The difference is pretty large. There are some pretty impressive returns...
by Buy_N_Hold
Mon Oct 05, 2020 10:08 am
Forum: Personal Investments
Topic: need a reality check
Replies: 25
Views: 2820

Re: need a reality check

I hear you, OP. And there is nothing to be ashamed of in reg to how you feel. You have come to the wrong forum to ask. Let me lay it out for you and for those other members thinking the same but afraid to ask. what is your one and only goal when you invest? To growth your wealth, right? While I res...
by Buy_N_Hold
Sat Oct 03, 2020 4:21 pm
Forum: Personal Investments
Topic: Analysis Paralysis of a 23 year old...
Replies: 38
Views: 3051

Re: Analysis Paralysis of a 23 year old...

Hi there! First post here... After doing considerable research, my head is all over the place. I am having severe Analysis Paralysis. I would like some guidance on 4 topics; 1. Help with HSA Portfolio Design within Fidelity 2. Help with Portfolio Design for Taxable Brokerage Account with Vanguard/F...
by Buy_N_Hold
Fri Oct 02, 2020 9:10 am
Forum: Personal Investments
Topic: Does it make sense for me to switch out of my target date fund?
Replies: 24
Views: 1793

Re: Does it make sense for me to switch out of my target date fund?

Good point, I think I’ll just keep TDF in my 401k, and maybe just put VTWAX in my Roth so that overall it’s more like 7% bonds. Either way, I’m probably overthinking 10% bonds and it’s probably not a big deal. People here can be overly dogmatic, or dramatic, or both. The reasonable range for bonds ...
by Buy_N_Hold
Fri Oct 02, 2020 8:43 am
Forum: Personal Investments
Topic: Investing Savings for Rental Property Purchase
Replies: 3
Views: 340

Re: Investing Savings for Rental Property Purchase

In today's ultra low yield environment, keeping the funds in your Discover account seems prudent to me. Bonds carry interest rate risk that is consistently underestimated, and stocks could drop 50% very quickly and may not return in time for your purchase. Just my two cents!
by Buy_N_Hold
Fri Oct 02, 2020 8:37 am
Forum: Personal Investments
Topic: Taking my funds back from advisor - I got the FUD e-mail response
Replies: 35
Views: 4389

Re: Taking my funds back from advisor - I got the FUD e-mail response

He said the 1.5% fee on my IRA (and 1% on Roth) is an all in wealth management fee, that covers all facets of financial planning. Except he hasn't provided any planning. This is the key point in my opinion. For clients that have complex financial planning needs, 1.5% can be well worth the cost for ...
by Buy_N_Hold
Thu Oct 01, 2020 10:43 am
Forum: Personal Investments
Topic: $100K in a traditional IRA or $76K in a Roth?
Replies: 22
Views: 1567

Re: $100K in a traditional IRA or $76K in a Roth?

My daughter is in her late 20's and earns a good salary. When her employer switched 401K plans I encouraged her to distribute her 401k money to a traditional IRA, which she did. Not taxable event of course. For the sake of discussion let's say it's about $100,000. Now my question is, would she be b...
by Buy_N_Hold
Wed Sep 30, 2020 8:57 am
Forum: Personal Investments
Topic: Ready to execute my three fund portfolio plan, need advice :)
Replies: 16
Views: 1365

Re: Ready to execute my three fund portfolio plan, need advice :)

Brianmcg321 wrote: Wed Sep 30, 2020 7:10 am For a new account I would just be 100% VTSAX. Set up an auto invest from your bank account. When the account gets to six figures then you may want to add the other two funds.
+1
by Buy_N_Hold
Sun Sep 27, 2020 8:21 pm
Forum: Personal Investments
Topic: Seeking guidance on REITs: stay the course or bail?
Replies: 12
Views: 1423

Re: Seeking guidance on REITs: stay the course or bail?

Wanting to hold on to the REIT positions in an effort to return to break-even strikes me as gambling psychology. The past is the past, and you cannot change it. The important question I think to share with your family is “do we really have the expertise to evaluate the merits of these REITS moving f...
by Buy_N_Hold
Sat Sep 26, 2020 2:57 am
Forum: Personal Investments
Topic: Roth IRA Investing - Is there a rule of thumb?
Replies: 11
Views: 1608

Re: Roth IRA Investing - Is there a rule of thumb?

Thanks everyone for the inputs. Answering some questions. - I am 32-year old techie with steady income. - Roth IRA is not my only investment. I have a 401K account with around 50K with Target Fund 2055. - This is my first Roth IRA contribution. I am doing backdoor Roth. As per this discussion, I am...
by Buy_N_Hold
Wed Sep 23, 2020 2:47 pm
Forum: Personal Investments
Topic: Roth IRA
Replies: 11
Views: 942

Re: ROTh IRA

Pebbles555 wrote: Wed Sep 23, 2020 12:46 pm I would like to ask if you buy individual stocks in roth ira? Thanks
Index funds are the way to go! Buy VTSAX and chill. :)
by Buy_N_Hold
Wed Sep 23, 2020 2:39 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6839

Re: VXUS - Why? [Vanguard Total International Stock ETF]

This is not "performance chasing" but the observations of a moderately high IQ investor who is questioning international holdings. I am sure there are many people who choose not to invest in ANY international? The performance of VXUS is just NOT good, regardless of how well it is managed. I am not ...
by Buy_N_Hold
Sat Sep 19, 2020 7:56 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1502

Re: Roth IRA withdrawal question for parent nearing retirement

So it pretty much becomes a traditional IRA if you withdraw the earnings before 5 years. I'm believe no rules like this exist for traditional IRA in terms of withdrawal of earnings. Assuming that my mom may utilize the money (including earnings) within 5years, it seems more beneficial to use a trad...
by Buy_N_Hold
Fri Sep 18, 2020 1:53 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1502

Re: Roth IRA withdrawal question for parent nearing retirement

Bogleheads, My mom is 69 years old, currently works part-time and thinking about investing in a Roth IRA. She plans to work another 3 years part-time. My question is specifically on withdrawal from Roth IRA. If she decides to start Roth IRA this year (max it out at $7K), is there a certain number o...
by Buy_N_Hold
Fri Sep 18, 2020 1:16 pm
Forum: Personal Investments
Topic: Vanguard Total Stock Market Style box
Replies: 10
Views: 1034

Re: Vanguard Total Stock Market Style box

Hello everyone, is there a way to see the composition of VTI on any given day as between growth/value and large/mid/small? It looks like Morning star’s 9 box shows the allocation as of 7/31/2020 but is there something that tracks it on a daily basis? Or if not VTI then even S&P 500? Thank you. Thes...
by Buy_N_Hold
Fri Sep 18, 2020 1:14 pm
Forum: Personal Investments
Topic: Roth IRA withdrawal question for parent nearing retirement
Replies: 21
Views: 1502

Re: Roth IRA withdrawal question for parent nearing retirement

Bogleheads, My mom is 69 years old, currently works part-time and thinking about investing in a Roth IRA. She plans to work another 3 years part-time. My question is specifically on withdrawal from Roth IRA. If she decides to start Roth IRA this year (max it out at $7K), is there a certain number o...
by Buy_N_Hold
Fri Sep 18, 2020 9:22 am
Forum: Personal Investments
Topic: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?
Replies: 9
Views: 633

Re: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?

While in the end it may make some difference at the margins, it's really your savings rate over your working lifetime that will really "move the needle". I most certainly agree with this sentiment! It is amazing how much effort is spent on the "investment selection and asset allocation" piece of th...
by Buy_N_Hold
Fri Sep 18, 2020 9:20 am
Forum: Personal Investments
Topic: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?
Replies: 9
Views: 633

Re: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?

I am 28 y/o with almost $100k saved between 401(k)'s and IRA's for my wife and I. We also have six month expenses in cash in an emergency fund. Currently, I am invested in: Vanguard Total Stock Market Index Fund (VTSAX) - 80% Vanguard Total International Stock Index Fund (VTIAX) - 20% Both of these...
by Buy_N_Hold
Thu Sep 17, 2020 2:37 pm
Forum: Personal Investments
Topic: Decision time...to lump sum or not to lump sum
Replies: 24
Views: 2246

Re: Decision time...to lump sum or not to lump sum

Hi All...I hope there is enough detail here: I'm struggling with deciding on whether to take a lump sum or not. I asked about this a long while back, but many things have changed since then. I was leaning towards taking an annuity payout - but now I'm not sure. I've read a ton of material on this t...
by Buy_N_Hold
Thu Sep 17, 2020 12:45 pm
Forum: Personal Investments
Topic: Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?
Replies: 9
Views: 633

Thoughts on Cap-Weighting vs holding Small-Cap and Mid-Cap on their own?

I am 28 y/o with almost $100k saved between 401(k)'s and IRA's for my wife and I. We also have six month expenses in cash in an emergency fund. Currently, I am invested in: Vanguard Total Stock Market Index Fund (VTSAX) - 80% Vanguard Total International Stock Index Fund (VTIAX) - 20% Both of these ...
by Buy_N_Hold
Thu Sep 17, 2020 3:23 am
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 2643

Re: Opinions on 100% into VGT and QQQ

Thanks for the excellent replies everyone! You have raised a few points I had not thought of before. After reading your replies, I have actually become a bit uncomfortable about the 100k I own in vested Apple stock. Since I also work at Apple and major downturns in Apple stock come with an increase...
by Buy_N_Hold
Wed Sep 16, 2020 2:13 pm
Forum: Personal Investments
Topic: Opinions on 100% into VGT and QQQ
Replies: 33
Views: 2643

Re: Opinions on 100% into VGT and QQQ

Before I get to the question, here's my current situation: Single, 28 years old, work at a tech megacorp with an annual salary of 220k. My portfolio: 1) maxed-out employee sponsored 401k plan with 50k invested so far in a 2055 target date fund 2) 100k in vested company stock 3) 20k in a savings acc...
by Buy_N_Hold
Wed Sep 09, 2020 10:30 pm
Forum: Personal Investments
Topic: Starting Late
Replies: 27
Views: 4037

Re: Starting Late

Hello --- I only recently discovered this site, though I have been investing occasionally for several years. I am in my early 40s, no appreciable savings in any retirement account (small 401k at part-time job ~1.5k; brokerage account with ~15k). I am looking to open a retirement account in the very...
by Buy_N_Hold
Sat Sep 05, 2020 1:56 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 154
Views: 11180

Re: Is it really passive index if S&P actively excludes Tesla?

I don’t own individual TSLA stock, and I use the total stock market for most of my US equity allocation. But as somebody that does not hold an S&P fund, I think the notion that that investing in an S&P 500 index fund is “active” because they are dragging their feet on a single company is pretty rid...
by Buy_N_Hold
Fri Sep 04, 2020 11:04 pm
Forum: Personal Investments
Topic: Neutralizing TSLA in VTSAX?
Replies: 20
Views: 1929

Re: Neutralizing TSLA in VTSAX?

I thought it would be interesting to start a thread as I suspect many others are wondering the same thing. ... Thoughts, anything I am missing? My thought is that almost nobody here is thinking the same thing. But seriously, index funds aren't for everyone. You should just buy individual stocks and...
by Buy_N_Hold
Fri Sep 04, 2020 8:04 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 154
Views: 11180

Re: Is it really passive index if S&P actively excludes Tesla?

.They only meet that requirement with a big asterisk next to it, which is probably the reason the committee passed. I'm not advocating any side, but i think how a company makes money is not material. It certainly seems material to me. There is a big difference between receiving government handouts ...
by Buy_N_Hold
Tue Sep 01, 2020 2:07 pm
Forum: Personal Investments
Topic: 21 y.o. - Retirement vs. Investment account Ratios
Replies: 4
Views: 286

Re: 21 y.o. - Retirement vs. Investment account Ratios

Roth IRA is win/win. You get some tax advantage and you have access to the contributions if you need them. This is just one of the reasons that we have the order of investments wiki ordered as it is. With very few exceptions, it is best to fill your tax advantaged spaces before building up taxable ...
by Buy_N_Hold
Sat Aug 29, 2020 1:09 pm
Forum: Personal Investments
Topic: Convincing teenager to invest in Roth
Replies: 109
Views: 5902

Re: Convincing teenager to invest in Roth

HomeStretch wrote: Sat Aug 29, 2020 8:06 am You tried. It’s his decision. Consider matching his contribution even if he uses a Taxable account rather than a Roth IRA. Your match can go to Roth IRA.
I second this thought! One day he will appreciate the Roth, even if he doesn’t quite yet.
by Buy_N_Hold
Thu Aug 27, 2020 8:44 pm
Forum: Personal Investments
Topic: Are International Stocks worth it?
Replies: 44
Views: 2753

Re: Are International Stocks worth it?

OP, 20% international is fine. Your original notion of 100% US until later in life is fine. Global market cap is fine. More important that letting the ardent proponents of a particular side brow-beat you into their way of thinking, is to determine the asset allocation that you're the most comfortab...
by Buy_N_Hold
Thu Aug 27, 2020 8:39 pm
Forum: Personal Investments
Topic: Are International Stocks worth it?
Replies: 44
Views: 2753

Re: Are International Stocks worth it?

Seriously, though, you're 27. If you keep investing on a regular basis for the next 37 years (even if only in U.S. stocks) and then diversify into international and add a bond glide path for the last 10 years before retirement, you'll be beyond golden. Point taken about Enron. :) I do feel like I'm...
by Buy_N_Hold
Thu Aug 27, 2020 8:36 pm
Forum: Personal Investments
Topic: Are International Stocks worth it?
Replies: 44
Views: 2753

Re: Are International Stocks worth it?

Serious question: What are you going to do when the international index outperforms the US index for a few years to a decade or more? If that were to happen, I am honestly not sure what I would do. I might end up adding the international stocks at that point due to FOMO moving forward, but on the o...