Bogleheads.org

BrandonSi

cheese_breath wrote:
BrandonSi wrote:.... and we've now exceeded the contribution limit for 21014 by quite a bit.
21014? Maybe the tax laws will change by then.

THE FUTURE IS NOW!!!

BrandonSi

Do you or spouse have any traditional (pre-tax) IRAs? If not, why aren't you using the Backdoor Roth IRA? http://www.bogleheads.org/wiki/Backdoor_Roth_IRA For you, a backdoor Roth would be preceded by a Step 0: 0. Recharacterize your 2014 Roth contributions as traditional IRA contributions. If you ...

BrandonSi

This year, we've had a bit of jump in our income. In 2013 we just squeaked under the 'reduced' Roth IRA contribution limit. As usual, in January we both contributed the max to our Roth IRA accounts. Since then, we both received larger than expected bonuses and raises, and we've now exceeded the cont...

BrandonSi

Gotcha.. that makes it more simple.. thanks

BrandonSi

You need a brokerage account inside your Roth IRA. If you wanted to buy VNQ in your Traditional IRA, you would need a brokerage account inside your Traditional IRA. If you wanted to buy VNQ in your Taxable Account, you would need a brokerage account inside your Taxable Account. These would be separ...

BrandonSi

Just getting ready to fund my Roth IRA for 2013, and I went to try and scoop up VNQ, and Vanguard site is telling me I need to open a brokerage account? It's an ET F , so I was confused as to why I can't purchase it with my Roth IRA account? Would I need to open a brokerage account and then somehow ...

BrandonSi

Thanks everyone! Looks like the solo/individual 401k will be the best option. Already looking into sole proprietorship legalities in Illinois. Luckily a good college friend is a practicing tax attorney, so we'll have help there.

BrandonSi

I've done a quick search on the forums, and with Google but I didn't quite find what I was looking for, I'm hoping someone here might be able to help. My wife has decided to change careers, and is joining a large Real Estate firm here in Chicago. The company, while is perfect for her in many ways, d...

BrandonSi

Thanks livesoft! I'm going to read up on that some more!!

BrandonSi

Hey all, just looking for some suggestions on how to proceed from our current situation, now that all the tax-advantaged accounts are filled up. We’re putting in our maximum for our 401k’s and Roth IRA’s, but we’re trying to figure out what our next move should be.. More CD’s? TIPS? Savings Bonds? W...

BrandonSi

We both work, I bring in about 60% of the income to her 40%. I do the investing, she does the bills. We each have a monthly allowance to use, or save, to ensure that we can still buy things we want, no matter how stupid the other might think it is. We've only been married for a year (we're 30) but s...

BrandonSi

::screams::

BrandonSi

Yep, it's on 4/23.. Already got my order in.

http://www.treasurydirect.gov/RI/OFAnnce

BrandonSi

They haven't touched mine... *yet*.. Still ~$60k.

BrandonSi

BrandonSi wrote:Citibank still have an offer for 6-mo 4%(APY).

Apparently I spoke too quickly.. We got in at 4% about a week ago.. It seems since then they've dropped the rate to 3.5%. Still, not bad for 6 months.

BrandonSi

Citibank still have an offer for 6-mo 4%(APY).

BrandonSi

My wife and I read an article regarding t-bill auctions (from the government, not 3rd party), and I'm a little confused as to how exactly this works, and if it's a good idea for us.. Basically we're contributing our max to 401ks and Roth IRA's, we also just put $15k in a citibank 6 moth CD @ 4%APY.....

BrandonSi

Woo.. #65!

$43,899

BrandonSi

We love ING, but also keep a good amount with citibank as well. Our banking is done with citibank, so the funds are much more liquid than waiting for the 2-3 day EFT from ING.

BrandonSi

I guess I have some poor tax related choices in my Roth and Traditional IRA.. Can I change those investments... I think I read somewhere that there would be a problem with selling those funds and moving them into tax-inefficient funds? I think you still have it a little backwards. Your choices in y...

BrandonSi

Thanks Laura, I appreciate it!

I guess I have some poor tax related choices in my Roth and Traditional IRA.. Can I change those investments... I think I read somewhere that there would be a problem with selling those funds and moving them into tax-inefficient funds?

BrandonSi

OK, not sure if this was too broad of a question, or if I asked something incorrectly, if that was the case, I apologize.. Reading on page 140 of the Bog Guide to Investing, there's list of the most tax efficient investments, which I assume I need to put into my taxable account. Top 4 being.. HY Bon...

BrandonSi

Quick summary.. Recently married (April 2008). I'm 29, my wife is 30. Filing jointly. 28% bracket. My wife and I both have maxed out our 401ks ($15,5k.. AA is *similar* to below, but not the exact same investments due to plan differences), as well as our Roth IRA contributions (both of us 100% in VG...

BrandonSi

Thanks all.. That was a quick way to lower my ING balance by $10k.

BrandonSi

Aaron wrote:The limits have been raised. You can both deposit $5000. I would do a RothIRA though because it will grow tax free.

Yeah, apologies, I got that mixed up. I rolled my old 401k into a trad IRA, but I was talking about depositing into my Roth IRA.

Great, thanks!

BrandonSi

I'll make this quick, I think I know the answer but would like some confirmation. Last year I was engaged, and I deposited $4,000 into my Trad. IRA. Now I am married, and I would like to deposit another $4,000 soon for this year, but I want to have my wife create an Trad. IRA as well. We can still d...

BrandonSi

I'll chime in for myfico too.. It's the best way to get all 3 reports, and your actual FICO scores.. There's a "board" called creditboaxxx.com (don't know the rules on advertising) and they have a frequently updated thread with discount codes.. I saved ~ 15% with the code.

BrandonSi

Ahh.. Never mind, I see where I got confused.. thanks

BrandonSi

sscritic wrote:529 contributions are made after tax. There is no deduction on your federal tax at the time of contribution. Some states give you a deduction for some 529 contributions, so part could be pre-tax in your state.

Strange, I thought I read they were tax-deferred..

BrandonSi

I plan on going for my MBA in a few years, and in the mean time had been looking at 529 plans (Illinois) to stash money in for tuition and other school-related expenses. If I understand this right, the contributions to the 529 plan are made pre-tax, and then when used for qualified school expenses, ...

BrandonSi

I would not be so hasty to stop our fun. While I also have observed a LOT of quirky behavior, so far it has been transitory (like my own split anomaly mentioned earlier). And, even if we do call it off, I wouldn't say *you* failed, it was apparently the S/W that wasn't quite ready for prime time, b...

BrandonSi

I wanted to read this all the way before commenting, and I think you (OP) made the right call. I agree with you also about the college degree.. It took me almost 10 years at night, and finding multiple employers with tuition reimbursement benefits so that I wouldn't have any debt, to get my degree, ...

BrandonSi

oneleaf wrote:
zhiwiller wrote:Uh, maybe I'm late on this, but how did MikeMKH sell VWO for $506/share?
whoa, that is very strange. seems like there are quite a few bugs with the system.

I was looking at that too. Maybe whoever is running this game can have them look into it.. That's skewing the results, just a *bit*.

BrandonSi

Anyone see American Gangster yet? That was pretty amazing as well.

BrandonSi

Bandits.. Bruce Willis, Billy Bob Thornton.

BrandonSi

We don't plan on having children. Once we have enough money, we'll establish a foundation/trust of some sort to provide college scholarships. The only reason we ever discussed having children was to have someone carry on our legacy after we die, and that struck us as just a really selfish reason to ...

BrandonSi

I'm not sure I understand the point of this topic.. The movie was good, though.

If you want an electric car, you can get one. It's just that it's a tad bit expensive at this point.

http://www.teslamotors.com/

BrandonSi

Quick, last question! I called Vanguard and spoke to soemone there, they said to just type up a letter requesting the deposit, include the check and the account number and send it. The question is, do I need to sign the check? It's payable to Vangaurd, and f/b/o myself. I had to wait about 12 minute...

BrandonSi

Brandon, I believe all that you need is a deposit slip for your existing account. If you do not have one, ask Vanguard to send one to you. All you then need to do is complete the deposit slip and mail it with the check to Vanguard. If you want to put the money into a different fund than the one you...

BrandonSi

OK gang, I know you're not Vanguard support, so I thank you in advance for your information and patience. I filled out the information to create a traditional IRA account a few weeks ago, and I deposited $4,000, all online, no problem. I had a 401k with a previous employer, and I filled out the dist...

BrandonSi

This might be old news, but it's new to me, so I thought I'd share it.. apologies if this was common knowledge..

This forum is mentioned in January's Money Magazine, in the "Best Money Websites" on page 70. Quite a nice write-up.

BrandonSi

How old is your son? You could give him a roll of quarters, tell him it's worth more since it's heavier, and trade it to him for the $100.. Profit of $90!

BrandonSi

My portfolio disapeared! I bought 4 stocks and was in 5th place yesterday (madmax1). When I looked at my portfolio it starting yesterday it said I was 100% cash. I didn't sell anything :evil: Oh well, I sent them an email. Well it might've been a good thing. I'm very glad I got out this morning, it...

BrandonSi

"For most people this rule works out very simply: if either spouse works for a living and earns at least double the IRA contribution limit, both spouses can contribute the maximum amount to an IRA." (Assuming you file a joint return). [Source] - http://www.fairmark.com/rothira/spousal.htm ...

BrandonSi

Well my trades finally went through, not sure why it took ~4 hours after market open to do so, but my positions are finally closed..

BrandonSi

My generous sister gave my 4 1/2 yr old son $100.00 in $2.00 bills. Do I keep that in cash? I want to plow that into his UGMA and put it to work. I don't care about the novelty of $2.00 bills. In this case, is cash trash? Thanks. Jim R ps: My son's portfolio is elegant in it's simplicity: 50% S.T.A...

BrandonSi

doubleplusungood.

BrandonSi

After closing all my positions Monday morning, I was surprised to see that Investopedia had given them all back today. I sent them an e-mail to let them know. But, since they're doing so well today, I might should have kept my keyboard silent. After scanning some of the other boglehead accounts, I ...

BrandonSi

valet at work Valet???? Is this for parking? Having a valet doesn't sound very 'diehard' to me :lol: 'a male servant who attends to the personal needs of his employer, as by taking care of clothing or the like; manservant' I have a valet at home. It's the way things are done in large cities. My con...

BrandonSi

PlainJane wrote:This looks like a lot of fun and a great way to scratch my trading itch. Is it ok to join this late?

-Jane

Absolutely! It should still let you in, I got in just about a week ago.

Bogleheads.org

Search found 136 matches

Re: Oops.. Contributed to rIRA even though we're not allowed

Re: Oops.. Contributed to rIRA even though we're not allowed

Oops.. Contributed to rIRA even though we're not allowed to.

Re: VNQ in Roth IRA.. via brokerage?

Re: VNQ in Roth IRA.. via brokerage?

VNQ in Roth IRA.. via brokerage?

Career Change - No 401k

Suggestions for new investments? Tax-advantaged all full..

T-Bill Auctions.. I'm confused?

Taxable Investments... What's next?

Quick Q - Just got married - Max IRA contrib?

Is this legal?

401k check - rollover to IRA

Money Magazine

Re: $2.00 Bills received for xmas... keep bills or invest?

Re: Tipping