Search found 136 matches

by BrandonSi
Thu May 22, 2014 1:13 pm
Forum: Personal Investments
Topic: Oops.. Contributed to rIRA even though we're not allowed to.
Replies: 4
Views: 563

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

cheese_breath wrote:
BrandonSi wrote:.... and we've now exceeded the contribution limit for 21014 by quite a bit. :moneybag :oops:
21014? Maybe the tax laws will change by then. :twisted:
THE FUTURE IS NOW!!! :)
by BrandonSi
Thu May 22, 2014 12:53 pm
Forum: Personal Investments
Topic: Oops.. Contributed to rIRA even though we're not allowed to.
Replies: 4
Views: 563

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

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 ...
by BrandonSi
Thu May 22, 2014 11:44 am
Forum: Personal Investments
Topic: Oops.. Contributed to rIRA even though we're not allowed to.
Replies: 4
Views: 563

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

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...
by BrandonSi
Sun Jan 06, 2013 2:03 pm
Forum: Personal Investments
Topic: VNQ in Roth IRA.. via brokerage?
Replies: 7
Views: 3221

Re: VNQ in Roth IRA.. via brokerage?

Gotcha.. that makes it more simple.. thanks :)
by BrandonSi
Sun Jan 06, 2013 1:48 pm
Forum: Personal Investments
Topic: VNQ in Roth IRA.. via brokerage?
Replies: 7
Views: 3221

Re: VNQ in Roth IRA.. via brokerage?

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...
by BrandonSi
Sun Jan 06, 2013 1:38 pm
Forum: Personal Investments
Topic: VNQ in Roth IRA.. via brokerage?
Replies: 7
Views: 3221

VNQ in Roth IRA.. via brokerage?

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 ...
by BrandonSi
Sun Nov 29, 2009 11:52 am
Forum: Personal Investments
Topic: Career Change - No 401k
Replies: 6
Views: 2098

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.
by BrandonSi
Sun Nov 29, 2009 10:31 am
Forum: Personal Investments
Topic: Career Change - No 401k
Replies: 6
Views: 2098

Career Change - No 401k

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...
by BrandonSi
Mon Apr 27, 2009 5:39 pm
Forum: Personal Investments
Topic: Suggestions for new investments? Tax-advantaged all full..
Replies: 19
Views: 2825

Thanks livesoft! I'm going to read up on that some more!! :)
by BrandonSi
Mon Apr 27, 2009 5:23 pm
Forum: Personal Investments
Topic: Suggestions for new investments? Tax-advantaged all full..
Replies: 19
Views: 2825

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

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...
by BrandonSi
Mon Apr 20, 2009 1:26 pm
Forum: Personal Consumer Issues
Topic: how aligned is your spouse w/ boglehead philosophies?
Replies: 22
Views: 3732

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...
by BrandonSi
Mon Apr 20, 2009 1:20 pm
Forum: Investing - Theory, News & General
Topic: 5-year TIPS auction.
Replies: 62
Views: 10696

:o

::screams::
by BrandonSi
Mon Apr 20, 2009 10:29 am
Forum: Investing - Theory, News & General
Topic: 5-year TIPS auction.
Replies: 62
Views: 10696

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

http://www.treasurydirect.gov/RI/OFAnnce
by BrandonSi
Sun Nov 16, 2008 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: American Express (Amex) Credit Limit Cut
Replies: 59
Views: 20228

They haven't touched mine... *yet*.. Still ~$60k.
by BrandonSi
Sun Nov 16, 2008 9:06 pm
Forum: Investing - Theory, News & General
Topic: Any good CD rates to be found?
Replies: 16
Views: 4490

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.
by BrandonSi
Sun Nov 16, 2008 9:01 pm
Forum: Investing - Theory, News & General
Topic: Any good CD rates to be found?
Replies: 16
Views: 4490

Citibank still have an offer for 6-mo 4%(APY).
by BrandonSi
Sat Nov 08, 2008 7:23 pm
Forum: Investing - Theory, News & General
Topic: T-Bill Auctions.. I'm confused?
Replies: 2
Views: 866

T-Bill Auctions.. I'm confused?

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.....
by BrandonSi
Thu Nov 06, 2008 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

Woo.. #65!

$43,899
by BrandonSi
Mon Oct 20, 2008 4:59 pm
Forum: Personal Investments
Topic: INGDirect vs Everbank
Replies: 15
Views: 7083

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.
by BrandonSi
Fri Oct 17, 2008 11:20 pm
Forum: Personal Investments
Topic: Taxable Investments... What's next?
Replies: 7
Views: 2270

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...
by BrandonSi
Thu Oct 16, 2008 10:33 pm
Forum: Personal Investments
Topic: Taxable Investments... What's next?
Replies: 7
Views: 2270

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?
by BrandonSi
Thu Oct 16, 2008 9:29 pm
Forum: Personal Investments
Topic: Taxable Investments... What's next?
Replies: 7
Views: 2270

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...
by BrandonSi
Thu Oct 16, 2008 5:53 pm
Forum: Personal Investments
Topic: Taxable Investments... What's next?
Replies: 7
Views: 2270

Taxable Investments... What's next?

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...
by BrandonSi
Mon Oct 13, 2008 9:25 am
Forum: Personal Investments
Topic: Quick Q - Just got married - Max IRA contrib?
Replies: 9
Views: 1946

Thanks all.. That was a quick way to lower my ING balance by $10k. :)
by BrandonSi
Mon Oct 13, 2008 8:48 am
Forum: Personal Investments
Topic: Quick Q - Just got married - Max IRA contrib?
Replies: 9
Views: 1946

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!
by BrandonSi
Mon Oct 13, 2008 8:28 am
Forum: Personal Investments
Topic: Quick Q - Just got married - Max IRA contrib?
Replies: 9
Views: 1946

Quick Q - Just got married - Max IRA contrib?

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...
by BrandonSi
Sat Jan 12, 2008 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: About Credit Reports
Replies: 11
Views: 3028

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.
by BrandonSi
Sun Jan 06, 2008 3:40 pm
Forum: Personal Investments
Topic: Is this legal?
Replies: 5
Views: 2017

Ahh.. Never mind, I see where I got confused.. thanks :)
by BrandonSi
Sun Jan 06, 2008 3:37 pm
Forum: Personal Investments
Topic: Is this legal?
Replies: 5
Views: 2017

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..
by BrandonSi
Sun Jan 06, 2008 3:24 pm
Forum: Personal Investments
Topic: Is this legal?
Replies: 5
Views: 2017

Is this legal?

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, ...
by BrandonSi
Thu Jan 03, 2008 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

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...
by BrandonSi
Thu Jan 03, 2008 6:10 pm
Forum: Personal Consumer Issues
Topic: Reoccurring fight with my girlfriend...am I wrong?
Replies: 128
Views: 40534

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, ...
by BrandonSi
Thu Jan 03, 2008 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

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*.
by BrandonSi
Sun Dec 30, 2007 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: What was your favorite "cops & robbers" movie?
Replies: 43
Views: 9758

Anyone see American Gangster yet? That was pretty amazing as well.
by BrandonSi
Sun Dec 30, 2007 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: What was your favorite "cops & robbers" movie?
Replies: 43
Views: 9758

Bandits.. Bruce Willis, Billy Bob Thornton.
by BrandonSi
Sun Dec 30, 2007 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: your legacy/nest egg: what % is going to charity?
Replies: 66
Views: 13085

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 ...
by BrandonSi
Sun Dec 30, 2007 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Who killed the elctric car?
Replies: 7
Views: 1967

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/
by BrandonSi
Fri Dec 28, 2007 11:26 am
Forum: Personal Investments
Topic: 401k check - rollover to IRA
Replies: 4
Views: 1545

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...
by BrandonSi
Thu Dec 27, 2007 7:38 pm
Forum: Personal Investments
Topic: 401k check - rollover to IRA
Replies: 4
Views: 1545

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...
by BrandonSi
Thu Dec 27, 2007 7:24 pm
Forum: Personal Investments
Topic: 401k check - rollover to IRA
Replies: 4
Views: 1545

401k check - rollover to IRA

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...
by BrandonSi
Thu Dec 27, 2007 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Money Magazine
Replies: 3
Views: 1580

Money Magazine

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.
by BrandonSi
Thu Dec 27, 2007 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: $2.00 Bills received for xmas... keep bills or invest?
Replies: 13
Views: 2946

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! :twisted:
by BrandonSi
Thu Dec 27, 2007 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

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...
by BrandonSi
Thu Dec 27, 2007 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Contributions Clarification for 2008
Replies: 1
Views: 1114

"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 ...
by BrandonSi
Thu Dec 27, 2007 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

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..
by BrandonSi
Thu Dec 27, 2007 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: $2.00 Bills received for xmas... keep bills or invest?
Replies: 13
Views: 2946

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

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...
by BrandonSi
Thu Dec 27, 2007 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Bhutto Assassinated at Rally
Replies: 38
Views: 8578

doubleplusungood.
by BrandonSi
Thu Dec 27, 2007 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

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 ...
by BrandonSi
Tue Dec 25, 2007 2:25 am
Forum: Personal Finance (Not Investing)
Topic: First time homeowner -- who do I tip at Christmas?
Replies: 28
Views: 6840

Re: Tipping

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...
by BrandonSi
Sat Dec 22, 2007 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Investopedia Simulator Game - Boglehead Competition
Replies: 151
Views: 35637

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.