Search found 1005 matches

by Gemini
Thu Feb 27, 2020 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

I am in a a common law property state. When opening a joint account with my spouse, which option should I choose? Joint with Rights of Survivorship (JWROS) In the event of death of either owner of this joint account, full ownership will be transferred to the other owner. VS Joint Tenants in Common (...
by Gemini
Mon Feb 24, 2020 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

So, if one has enough assets (I am not sure how much though - can someone clarify?), one does not need the CMA. Everything a CMA does can be done via a brokerage account. Is all of this correct? A brokerage account also has a debit card? Any reason to open two brokerage accounts for fraud purposes ...
by Gemini
Sun Feb 23, 2020 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

So, if one has enough assets (I am not sure how much though - can someone clarify?), one does not need the CMA. Everything a CMA does can be done via a brokerage account. Is all of this correct? A brokerage account also has a debit card? Any reason to open two brokerage accounts for fraud purposes e...
by Gemini
Fri Feb 21, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

Can one write checks from a brokerage account i.e. NOT CMA?
by Gemini
Thu Feb 20, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

Are most people using the $0 CMA + brokerage overdraft option? What happens if the CMA debit card is stolen and large purchase made? Would Fido liquidate investments from the brokerage account to cover? Can you write a check from the CMA if the account has $0 in it? Would Fido auto liquidate from t...
by Gemini
Wed Feb 19, 2020 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

Are most people using the $0 CMA + brokerage overdraft option? What happens if the CMA debit card is stolen and large purchase made? Would Fido liquidate investments from the brokerage account to cover? Can you write a check from the CMA if the account has $0 in it? Would Fido auto liquidate from th...
by Gemini
Sat Feb 15, 2020 2:50 pm
Forum: Investing - Theory, News & General
Topic: What to pair with NTSX?
Replies: 187
Views: 11148

Re: What to pair with NTSX?

If one wanted to be 100% equities with 50% INTL and SCV tilt, what are some suggestions for pairing with NTSX?
by Gemini
Sat Feb 15, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

Does Fidelity offer Zelle? They don't as Fidelity isn't a bank. Zelle was created by a group of the larger US banks to compete with Venmo. You can apparently connect Fidelity directly to Paypal (who owns Venmo) but I haven't done it. Even if Fidelity supported Zelle, I probably wouldn't do it; at l...
by Gemini
Thu Feb 13, 2020 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: $2-2.5M House?
Replies: 77
Views: 7289

Re: $2-2.5M House?

Why do people think OP is in AZ or Phoenix?
by Gemini
Thu Feb 13, 2020 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

muffins14 wrote:
Thu Feb 13, 2020 11:22 pm
Gemini wrote:
Thu Feb 13, 2020 11:16 pm
Does Fidelity offer Zelle?
Is venmo a reasonable alternative?
Maybe. Is it free?

I currently have USAA, where everything is basically free ie checks/atm and it has Zelle, which I use weekly.
by Gemini
Thu Feb 13, 2020 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1401
Views: 190711

Re: Fidelity as a one stop shop

Does Fidelity offer Zelle?
by Gemini
Wed Feb 12, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: What is the highest expense ratio you willingly pay?
Replies: 123
Views: 7829

Re: What is the highest expense ratio you willingly pay?

5 and 56/44 if I could get into Medallion
by Gemini
Sun Jan 26, 2020 8:11 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 65158

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I wonder why Fidelity does not offer PSLDX on its platform If you want something like PSLDX without actually buying it (it's fairly restricted at many brokers)....a 34/66 mix of UPRO/EDV tracks it fairly, kinda well (if frequently rebalanced) https://www.portfoliovisualizer.com/backtest-portfolio?s...
by Gemini
Wed Jan 15, 2020 11:23 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 65158

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I wonder why Fidelity does not offer PSLDX on its platform Most investors are going to be a little short of the $1M minimum investment. At Schwab, it is 100K https://www.schwab.com/public/schwab/investing/investment_help/investment_research/mutual_fund_research/mutual_funds.html?path=%2fProspect%2f...
by Gemini
Tue Jan 14, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 65158

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I wonder why Fidelity does not offer PSLDX on its platform
by Gemini
Sat Jan 11, 2020 11:13 am
Forum: Investing - Theory, News & General
Topic: Are Stocks Overvalued? A Survey of Equity Valuation Models
Replies: 253
Views: 22704

Re: Are Stocks Overvalued? A Survey of Equity Valuation Models

Thanks - just wasn't sure how they usually work
by Gemini
Sat Jan 11, 2020 11:06 am
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 65158

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

I have a naive question. If one decides to buy this fund according to their stock/bond AA, will $100 of NTSX count as $90 of stock and $60 of bonds (= $150 total)? Thanks. I consider it as: $90 of stock and $60 of intermediate term treasuries and -$50 cash (which cancels any money market or TBills ...
by Gemini
Sat Jan 11, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: Are Stocks Overvalued? A Survey of Equity Valuation Models
Replies: 253
Views: 22704

Re: Are Stocks Overvalued? A Survey of Equity Valuation Models

The Hussman mention is interesting. Here's his latest post about it. https://www.hussmanfunds.com/comment/mc191230/ This guy is relentless in his pessimism. I skimmed the article and it looks like he's using price to sales as a valuation metric, and basing his entire overvaluation thesis on its mea...
by Gemini
Fri Jan 10, 2020 4:29 pm
Forum: Personal Investments
Topic: Taxable account strategies for high tax brackets
Replies: 29
Views: 4449

Re: Taxable account strategies for high tax brackets

How is NTSX or the RAFI index ETFs for a taxable base fund? How do you find out what the yield is for a fund annually?
by Gemini
Fri Jan 03, 2020 5:40 pm
Forum: Investing - Theory, News & General
Topic: [Deleted] [Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund]
Replies: 652
Views: 65158

Re: (NEW) WisdomTree 90/60 U.S. Balanced Fund

For all those considering a purchase, where are you making room for this or are you just planning to add future dollars in a taxable?
by Gemini
Fri Jan 03, 2020 4:18 pm
Forum: Investing - Theory, News & General
Topic: [Not a bad choice for your EM equity exposure (EYLD)]
Replies: 56
Views: 4246

Re: Not a bad choice for your EM equity exposure (EYLD)

How does this compare to EWX or DGS?

Expense ratios are about the same for all three.
by Gemini
Tue Dec 24, 2019 4:58 pm
Forum: Personal Investments
Topic: VTIAX and emerging markets
Replies: 28
Views: 1870

Re: VTIAX and emerging markets

No, Total Int. Market is all you need. I personally now tilt small-value Internationally (by tilt I mean almost all of it) and those funds do not include emerging markets so I’m quite underweight. Doesn’t bother me, and one could argue I’m more diversified this way than holding Total International ...
by Gemini
Sat Dec 21, 2019 8:20 pm
Forum: Personal Investments
Topic: Taxable account strategies for high tax brackets
Replies: 29
Views: 4449

Re: Taxable account strategies for high tax brackets

Thanks for the tips. Some additional info : living in NJ with work both in NJ and NY. Our retirement accounts are all a mix of international and domestic equities. Plan is 100% equities for now. After researching some more, it appears it would be best to keep any international or SCV in the retireme...
by Gemini
Wed Dec 18, 2019 2:59 pm
Forum: Personal Investments
Topic: Taxable account strategies for high tax brackets
Replies: 29
Views: 4449

Taxable account strategies for high tax brackets

My 2018 marginal tax bracket was 37% federal, 5% NJ and 2.6% NY, which is awful. Please share strategies for taxable 1. Low Dividend Yield funds - vanguard has some. What are your favorite? 2. Separately Managed Accounts - fidelity has some at about 35bps Some info : http://kovackadvisors.com/ka/Pre...
by Gemini
Sat Dec 14, 2019 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

Did some math and my marginal tax rate was 44.6% for 2018, with 37% of that federal :annoyed
by Gemini
Sat Dec 14, 2019 10:56 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2964
Views: 246590

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

Do you still think 43/57 UPRO/EDV is the right mix? From the last EDV peak in June-Aug 2012 ($135) - Portfolio Visualizer suggests 52/48 or even 65/35. Suggests it for what criteria? Any optimization that only looks at an equity bull will skew towards equity. I liked it, but there are many options ...
by Gemini
Sat Dec 14, 2019 10:53 pm
Forum: Personal Investments
Topic: 2020 Plan for $45,000,000 in 2045
Replies: 78
Views: 13455

Re: 2020 Plan for $45,000,000 in 2045

I still can't figure what is OP's income. Can some clarify?
by Gemini
Fri Dec 13, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Switching TIN middle of year and taxes
Replies: 0
Views: 164

Switching TIN middle of year and taxes

We formed a S Corp sometime in Feb/March 2019. Prior, we had a partnership. Prior to establishment for the S Corp, payments from vendors were made under the Partnership TIN. Is it possible/allowed for the vendors to switch ALL of the payments to the S Corp TIN? This would obviate the need for a tax ...
by Gemini
Wed Dec 11, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

I came up with some rough W-2 wages for the two of you on $500K in business profits. Prioritizing employer contributions: $136K each with $34K in employer contributions and $22K in employee after-tax contributions. Prioritizing employee after-tax contributions: $160K each with $56K in employee afte...
by Gemini
Tue Dec 10, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

So I ran numbers at the extreme i.e. 500K combined salary and this is what I come up with:

Payroll taxes on 500K salary split between us :

SS employer only : 132,900x6.2% = 8,239
Medicare both employee and employer : 2.9% x 500000 = 14,500
Surtax employee: 0.9%x500000 = 4,500
Total about 27,250
by Gemini
Sun Dec 08, 2019 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for kids
Replies: 126
Views: 15124

Re: Roth IRA for kids

If minor children earn money babysitting or shovling snow does that count as earned income or do they need 1099? Great question wish I knew. They don't need a 1099 to count it as earned income. Just keep records with dates, times and amount paid, etc. It is very uncommon for minor children to be ab...
by Gemini
Sun Dec 08, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

The employEE deferrals, in our case, comes from our regular, W2 incomes. employee after-tax contributions by payroll - Since payroll has to be run by 12/31, and the final numbers won't be crunched, is this still possible? What are the advantages of running it via a payroll deduction? Of course it i...
by Gemini
Sun Dec 08, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

You can allocate the remaining annual addition space after employee deferrals between employer contributions and employee after-tax contributions in any manner you choose. The employer contribution rate must be the same for each employee. However, each employee can choose whether and how much emplo...
by Gemini
Sun Dec 08, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for kids
Replies: 126
Views: 15124

Re: Roth IRA for kids

I believe since they are under 21 as per the first requirement I am all set? What taxes will kids and I have to pay if I put them on payroll? Do I have to file taxes for them if I pay them $1000? Does a Roth have to be setup prrio to Dec 31? You also have the one (1) year of service requirement (1,...
by Gemini
Sun Dec 08, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

I still have trouble fully understanding retirement accounts and 199a Join the club Aren't the tax deferred contributions now worth less ? Tax-deferred retirement contributions will now only lead to 20% as before. One may have to pull the money out at a higher if the top marginal tax rate goes up a...
by Gemini
Sun Dec 08, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for kids
Replies: 126
Views: 15124

Re: Roth IRA for kids

Does anyone how the calculations change with a S Corp? We have a husband and wife S Corp and use the kids for some work, which can be justify about $800-1000 per year of income. Is it better to make them employees or independent contractors? How would making them an employee impact solo 401K? You a...
by Gemini
Sat Dec 07, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for kids
Replies: 126
Views: 15124

Re: Roth IRA for kids

Does anyone how the calculations change with a S Corp? We have a husband and wife S Corp and use the kids for some work, which can be justify about $800-1000 per year of income. Is it better to make them employees or independent contractors? How would making them an employee impact solo 401K?
by Gemini
Sat Dec 07, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

1. In regards to your 50% of W2 wages statement - is that combined salaries ? Assume this business generated 750K for 2019, this would imply a 250K salary EACH for my wife and I? I'm not entirely sure. I believe the percentage would be calculated at the S-Corp level from total W-2 wages and the tot...
by Gemini
Sat Dec 07, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

Once your W-2 wages are >= the SS MTE (2019 = 132,900). You are only paying 2.9% FICA taxes (Medicare only) + 0.9% ACA Medicare surtax = 3.8% > $250K (MFJ). If you are not a specified service trade or business (SSTB) and your MFJ taxable income is > the top of the QBI threshold (2019 = $421,400). Y...
by Gemini
Fri Dec 06, 2019 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

you probably have a better understanding of the 199a than I do. I don’t have advice there. What’s your marginal tax rate? If you could just do max profit sharing of $56k that could be a significant tax savings for you. I don't understand 199a well - just know tidbits on how it applies to my situati...
by Gemini
Fri Dec 06, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

From what I understand: Our taxable income is over $415K, so the deduction is the lesser of 20% of QBI OR 50% of what the business pays its employees in wages. Without S Corp, our setup had no employees, so we would have gotten no deduction. With a S Corp, we can pay ourselves wages, which also decr...
by Gemini
Fri Dec 06, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Re: Megabackdoor Roth - TFB worksheet question and all in Roth?

first question, why use the incorporated tab? Presume you have an S corp structure for the income you're talking about with this solo 401k? Yes Is your W2 income from your other job over the social security wage base? If so, having an S corp for a side business results in payment of social security...
by Gemini
Fri Dec 06, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: The Smart Money Indicator
Replies: 8
Views: 1126

The Smart Money Indicator

https://alphaarchitect.com/2019/02/08/r ... following/

Very interesting read. Essentially, it is a way to potentially time the factors.

I wonder what Larry thinks about this.
by Gemini
Fri Dec 06, 2019 9:48 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 2964
Views: 246590

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

MotoTrojan wrote:
Tue Dec 03, 2019 11:48 am
Officially out, have fun all!
What made you abandon?
by Gemini
Wed Dec 04, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Megabackdoor Roth - TFB worksheet question and all in Roth?
Replies: 21
Views: 1715

Megabackdoor Roth - TFB worksheet question and all in Roth?

I am in the process of moving forward with a solo401k with option for non-Roth after-tax contributions with an in-plan Roth rollover option or the megabackdoor Roth. TFB worksheet : https://docs.zoho.com/sheet/published.do?rid=hd3vb2c79aa2e630443d58a05e8140934898a) Some questions: In the incorporate...
by Gemini
Fri Nov 15, 2019 2:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETF EDV
Replies: 24
Views: 1961

Re: Vanguard ETF EDV

HEDGEFUNDIE wrote:
Thu Nov 14, 2019 11:43 pm
DEZ1 wrote:
Thu Nov 14, 2019 11:21 pm
Yes I do see that they have a duration of 24 years. Thanks. Would this be considered part of a bond portion of a portfolio or is it too volatile for that?
EDV is my only bond holding.
What is your allocation in general outside of the excellent adventure holdings?
by Gemini
Fri Nov 15, 2019 10:12 am
Forum: Personal Investments
Topic: Portfolio Review - BAM Portfolio
Replies: 98
Views: 7976

Re: Portfolio Review - BAM Portfolio

Can one recreate this portfolio w/o utilizing an advisor or having access to DFA funds?
by Gemini
Mon Nov 04, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 147
Views: 9909

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

After reading this thread, I reached out to a TPA. It is $500 to setup this type of Plan and then $500 per year to administer the plan (assuming there is less than $250,000 - $600 if greater). Added fees for distributions and 1099’s in any year that there are distributions. When asked about sub acc...
by Gemini
Mon Nov 04, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 147
Views: 9909

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

Question : do any of the sub-accounts need to be contributed before Dec 31 or can one wait until the final numbers are crunched after Dec 31? It depends on the business entity type or rather the type of earned income. S-Corp 2% shareholder-employee deferrals must be deducted from W-2 wages not alre...
by Gemini
Sun Nov 03, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?
Replies: 147
Views: 9909

Re: Has anyone used MySolo401k.com, DiscountSolo401k.com, or Solo401k.com?

To those in the thread who advocate caution in trying to self-administrate a solo 401(k) with plan documents prepared by companies like MySolo401k.com and DiscountSolo401k.com -- how much simpler and mistake-proof would you consider it to be if one only used the solo 401(k) as a conduit for "mega b...