Search found 264 matches

by Gleevec
Thu Sep 13, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73687

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Additional useful information: SEC filing: https://www.sec.gov/Archives/edgar/data/819118/000137949118004650/filing788.htm Large Cap Index ticker: FNILX Extended Market Index ticker: FZIPX The large-cap index conveniently picks the 500 largest companies, while the extended market index picks everyt...
by Gleevec
Sat Aug 04, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 753
Views: 73687

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Touché, and still in a 401K there is a regular process for switching/adding/removing funds. So even if everyone on the committee wanted to add the zero fund it likely can only occur at certain intervals and with certain notices/blackouts (if they are swapping), etc. So it is basically inconceivable...
by Gleevec
Fri Aug 03, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement plan Fido Brokeragelink and FZROX and FZILX
Replies: 3
Views: 545

Re: Retirement plan Fido Brokeragelink and FZROX and FZILX

Ah OK, thanks for explaining, was hoping brokeragelink was a workaround but turns out not
by Gleevec
Fri Aug 03, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement plan Fido Brokeragelink and FZROX and FZILX
Replies: 3
Views: 545

Retirement plan Fido Brokeragelink and FZROX and FZILX

Has anyone been able to use Fidelity brokeragelink from their work retirement accounts to purchase FZROX and FZILX? I wasnt able and havent had success getting an answer from customer support yet
by Gleevec
Sun Jan 21, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 131
Views: 34004

Re: Flagship Private Jet?

I am still waiting to reserve my ride on the Flagship private jet to take me to the office ! blevine: I'm not sure Vanguard Flagship has a private jet. A friend of mine had a problem opening a large Flagship account. A senior Flagship employee flew to Miami to solve the problem. He flew on a commer...
by Gleevec
Sun Dec 31, 2017 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 101
Views: 14656

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

Sorry I may be confused still even though your explanation seems very clear in terms of both limits is being less than 55k. Another way to ask my main question is what is my maximum after tax 401a contribution for mega Backdoor Roth given that I have a side 1099 position with solo 401k that I am own...
by Gleevec
Sat Dec 30, 2017 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 101
Views: 14656

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

Also, to clarify, this means in the future I could theoretically contribute: 18k (457b) + 54k (401a) + 54k (solo 401k) + 5.5k (TIRA->Roth) = 131.5k In case you were not aware, the IRS announced the 2018 contribution limits. They are $18.5K employee deferrals to qualified plans, $18.5K 457b contribu...
by Gleevec
Thu Dec 21, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 64187

Re: Tax Bill Omnibus Thread

Anyone know if personal services corporation C corp is permitted at the 21% bracket, regardless of income?
by Gleevec
Thu Dec 21, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 64187

Re: Tax Bill Omnibus Thread

So for those of us with "side hustle" 1099 income (eg solo consulting, separate from our W2 day job wages) who are excluded from pass through tax relief, does it make any sense to become a C-corp?
by Gleevec
Wed Dec 20, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 141
Views: 12047

Re: Pass Through Entities Questions Thread

I'm also curious if anyone has seen a good analysis on larger pass through corporations (beyond the $315k pass through deduction limit) that are service providers becoming C-Corps. Seems like the lowered tax rate for earnings retained in the company added to the ability to deduct SALT taxes and no ...
by Gleevec
Thu Dec 14, 2017 2:02 am
Forum: Investing - Theory, News & General
Topic: total contribution limit question (401a 403b 457b IRA)
Replies: 5
Views: 1041

Re: total contribution limit question (401a 403b 457b IRA)

By “in a business” do you mean the same institution/company providing 403b, or if we have unrelated side 1099 income as an owner this would affect our w2 limit?
by Gleevec
Sun Dec 03, 2017 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Out of state S Corp for consulting?
Replies: 8
Views: 707

Re: Out of state S Corp for consulting?

I wouldn't go making any changes just yet. Wait for the final bill. The Senate's pass-through deduction applies to sole proprietors, partnerships and S-Corps. However, this is actually less valuable for S-Corps. Their deduction is limited to 50% of W-2 wages. Thanks Spirit Rider, I am always impres...
by Gleevec
Sat Dec 02, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Out of state S Corp for consulting?
Replies: 8
Views: 707

Re: Out of state S Corp for consulting?

First question first. Why do you believe that an S-Corp is the appropriate choice for this additional income. There are many cases where an S-Corp is not the best choice. I will give you one example. If your other W-2 income + the S-Corp shareholder-employee W-2 income >= the Social Security (SS) m...
by Gleevec
Sat Dec 02, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Out of state S Corp for consulting?
Replies: 8
Views: 707

Re: Out of state S Corp for consulting?

How about just in terms of saving on incorporation fee? Or is it best just to do in state I live in even if consulting mainly done out of state?
by Gleevec
Sat Dec 02, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Out of state S Corp for consulting?
Replies: 8
Views: 707

Out of state S Corp for consulting?

Hi,
I currently have a W2 job but also do 1099 consulting work for which I travel 90%+ out of state (though to different states, I don’t live in any of them, and no physical business presence aside for myself ). Can I form an S Corp out of state to reduce state burden?
by Gleevec
Thu Nov 23, 2017 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Electric car tax credit if financing?
Replies: 1
Views: 267

Electric car tax credit if financing?

Hi,
If I wanted to finance the purchase of an electric car, would I get the entirety of the electric car tax credit? What if the tax credit goes away during the span on the financing period?
by Gleevec
Sun Sep 10, 2017 12:18 am
Forum: Investing - Help with Personal Investments
Topic: University of California Retirement Plan Proprietary Funds
Replies: 19
Views: 2339

Re: University of California Retirement Plan Proprietary Funds

I haven't dealt with the UC plan since I graduated and rolled my plan over into an IRA. However, I checked the PDF you posted. It seems to be mostly focused on returns and benchmarks. Interestingly enough though, Fidelity still lets me access the UC plan details from NetBenefits. As you noted, the ...
by Gleevec
Mon Jul 03, 2017 12:13 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 20182

Re: Bogleheads: you should be buying 10-year old cars

And right on schedule, this thread transforms from an over generalization that we must all drive beaters, to an overgeneralization that all older cars are death traps, to the wild fantasy that self driving cars are about to go extinct. Just like every other BH car thread :twisted: Except the origin...
by Gleevec
Sun Jul 02, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 20182

Re: Bogleheads: you should be buying 10-year old cars

Sure it's cheaper, but my wife gets nervous with cars that old, so you need to deal with intangibles like this. I know how you feel. My wife gets nervous on commercial airliners so we had to pony up for our own jet. Wrong analogy. The better one is would you choose to fly ValuJet or JetBlue for $20...
by Gleevec
Sat Jul 01, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 20182

Re: Bogleheads: you should be buying 10-year old cars

Thread title should have been "Cheapskates" rather than "Bogleheads" Yes, for some reason some BHs enjoy playing the game "more frugal than thou." i am a BH in order to choose what I spend money on (e.g., cars, education, housing, etc.). Well the main issue is 10 year old cars have inferior safety-...
by Gleevec
Tue Jun 13, 2017 12:09 am
Forum: Investing - Help with Personal Investments
Topic: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!
Replies: 101
Views: 14656

Re: New physician - UC retirement options help (403b/457b/401a megabackdoor roth)!

401a: $54,000 minus employee UCRP mandatory contribution No. There is a 54k limit on contributions to the UCRP defined benefit plan, and a separate 54k limit on contributions to the 401(a) defined contribution plan. In each case, "contributions" means sum of employer and employee contributions to t...
by Gleevec
Sat Apr 01, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 13868

Re: Not opting for 529... anyone else?

Not sure why there is so much back and forth on this, this is a decision driven by math-- though it seems everyone's parameters are different which may explain the disagreement. Take a look at one of the 529 calculators and see how it works out for you: https://www.calcxml.com/calculators/529-colleg...
by Gleevec
Mon Mar 20, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum contribution for 403B, 457 & SEP IRA combined?
Replies: 14
Views: 2185

Re: Maximum contribution for 403B, 457 & SEP IRA combined?

I'm not sure I've ever been wrong before, this may be a first, but I'll ask my wife. I'm pretty surprised by this and after searching Google there are absolutely differing opinions (Ed slot, Fairmark agree with me). I actually used to work with HCEs who participated in multiple non profit plans and...
by Gleevec
Thu Oct 27, 2016 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Health FSA can pay for HDHP expenses?
Replies: 4
Views: 541

Spouse Health FSA can pay for HDHP expenses?

Hi all. Anyone know if my spouse's health FSA can be used to pay for family HDHP expenses?
by Gleevec
Sat Sep 24, 2016 4:35 pm
Forum: Investing - Theory, News & General
Topic: Harvard Endowment Losses Tied to Value Stocks
Replies: 57
Views: 7401

Re: Harvard Endowment Losses Tied to Value Stocks

Bloomberg View has a recent article on this. The author (probaly not a fan of indexing, ...) thinks the issue was Harvard getting rid of one of the rare successful active management teams in the industry (because of pressure from doners on costs) and then replacing them with another, much less succ...
by Gleevec
Sat Sep 24, 2016 2:13 am
Forum: Investing - Theory, News & General
Topic: Extreme Maximization of College Financial Aid
Replies: 89
Views: 7947

Re: Extreme Maximization of College Financial Aid

As mentioned earlier, can someone explain to me the moral difference between using legal means to maximize college financial aid and the backdoor Roth IRA?
by Gleevec
Mon Aug 22, 2016 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank now allows you to submit wire transfers online
Replies: 8
Views: 2637

Re: Ally Bank now allows you to submit wire transfers online

I discovered this by accident so just thought I'd spread the good news. Ally finally allows you to submit wires online rather than faxing in a form. Just go to Transfers, then click Wire Transfers on the left. (This is for the website; not sure about the app.) Thanks for the info-- how much does a ...
by Gleevec
Sun Aug 21, 2016 11:36 pm
Forum: Investing - Theory, News & General
Topic: [403b fiduciary lawsuits: MIT Yale NYU Duke Hopkins Penn Vanderbilt Emory Columbia]
Replies: 88
Views: 8760

Re: Update: Emory & Columbia; New Fiduciary cases: 403b's at MIT Yale NYU & Duke Hopkins Penn Vanderbilt

Notice that all are private schools. I believe the reason is that Public U/Govt retirement plans are not subject to ERISA. (Or simply the fact that it is harder to sue the gubmint.) Otherwise, the University of Calif. would be an attractive target, with probably ~10 times the assets of any of the p...
by Gleevec
Sat Jul 23, 2016 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing fairly new home
Replies: 11
Views: 1614

Re: Refinancing fairly new home

If you can refinance with $0 total closing costs there is no reason not to do so. Ask for a a rate with $0 closing costs. If that rate is lower than your current rate there is no reason not to refinance as long as you are certain you can handle extra payment amount for a 15 year loan schedule. It m...
by Gleevec
Sun Jul 17, 2016 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Options
Replies: 11
Views: 1308

Re: Refinance Options

itstoomuch wrote:Rarely give advice.
I'd refinance. The Only is refi from a variable @3.1% (30 year amortization payment) to a fixed 30 @2.75%. Refi fees will be recovered in about 12 months.
YMMV
Where did you find 30 year fixed for 2.75%?
by Gleevec
Mon Jul 04, 2016 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate location - Important factors
Replies: 19
Views: 1862

Re: Real estate location - Important factors

I want a quiet location within 3 miles of my work location. When kids were in school, quality of local public schools was also important. A list from a previous thread …. http://www.bogleheads.org/forum/viewtopic.php?p=818024#p818024 When we started looking to buy, we went to library and checked ou...
by Gleevec
Mon Jun 20, 2016 10:34 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 212
Views: 24406

Re: IWC Watch, any thoughts?

The curmudgeons and pundits have converted me and I have seen the light! No more guilty pleasures for me. Nose to the grindstone. Only VTSAX, VBTLX and VTIAX for this lost soul. Now, when should I buy these funds? I've heard that the polar ice caps are melting and that might impact the VIX Zeta neg...
by Gleevec
Sat Jun 18, 2016 9:30 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 212
Views: 24406

Re: IWC Watch, any thoughts?

A good looking watch! If you can afford it, why not? People disapproving are hypocrites. It is highly likely they are driving a car that is not the cheapest available, yet all cars get one from point a to b. However, I have no input to the specifics of that (or any) watch brand. Some of us view the...
by Gleevec
Sun May 22, 2016 9:54 pm
Forum: Personal Consumer Issues
Topic: Amazon has no head to head competitors?
Replies: 71
Views: 6730

Re: Amazon has no head to head competitors?

Couple reasons I dont mind being an Amazon Prime member: 1. Amazing customer service (Costco-level) 2. Wide selection with generally comparable prices (except for food, liquids) 3. Able to order from comfort of own home and have delivery (or return) in 48hours 4. Able to take advantage of sales onli...
by Gleevec
Sun May 22, 2016 9:50 pm
Forum: Personal Consumer Issues
Topic: Is living in the Bay Area this difficult?
Replies: 49
Views: 9516

Re: Is living in the Bay Area this difficult?

Actually SF is definitely not a requirement for biotech, there are lots of other great biotech hubs that are just as good and more affordable-- Raleigh/Durham, Silver Spring, San Diego, Seattle. Boston is cheaper and the nation's premier biotech hub. No one considers Vertex or Biomarin more innovati...
by Gleevec
Sun May 08, 2016 3:17 pm
Forum: Personal Consumer Issues
Topic: Stop spam phone calls to cell phone?
Replies: 18
Views: 2799

Re: Stop spam phone calls to cell phone?

For my cell phone I use a free app called TrueCaller. Works pretty well and managed a block number list well on my phone
by Gleevec
Sat May 07, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 93
Views: 12384

Re: Fidelity or Vanguard

I never quite understood the "or" aspect of these questions. Between these two (and Schwab) you generally get all the personal finance tools at a good price you need, and there are no account minimums or closing costs I have seen personally. To me, this isnt like the iPhone vs Android debate, where ...
by Gleevec
Wed Apr 06, 2016 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Which bank for ATM use outside the US?
Replies: 26
Views: 2407

Re: Which bank for ATM use outside the US?

The Fidelity Cash debit card works fine for me as an ATM card - no fees, reimburses all third party ATM fees, always got a great exchange rate. Strange... I called them today because the web-site only talks about domestic. They said that they would NOT refund the ATM fees when outside the US and th...
by Gleevec
Sun Mar 27, 2016 4:49 pm
Forum: Investing - Theory, News & General
Topic: Are "Funds of Funds" more expensive than normal funds?
Replies: 10
Views: 1534

Re: Are "Funds of Funds" more expensive than normal funds?

First, expenses listed must included the fund's expenses plus the underlying expenses. So the .15% would be inclusive. Second, fund of funds are always more expensive because you have the underlying fund plus the cost of running the fund. Generally speaking the cost of running the Fund of Funds is ...
by Gleevec
Sun Mar 27, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: Are "Funds of Funds" more expensive than normal funds?
Replies: 10
Views: 1534

Re: Are "Funds of Funds" more expensive than normal funds?

Hi, Great question, here is the relevant language from the prospectus which I will provide (but dont know what they mean by "investment experience"-- but I think your point on whether its 0.15% on top of the underlying indices, or 0.15% no matter the underlying constituent index, I am not sure about...
by Gleevec
Mon Mar 14, 2016 12:35 am
Forum: Personal Finance (Not Investing)
Topic: individual 401k contribution limit question
Replies: 6
Views: 1067

Re: individual 401k contribution limit question

Thanks for this. Does my employer contribution maximum = (schedule c income from 1099s) x 0.2? The maximum is (Schedule C net business profit - 1/2 SE tax) x 0.20 So from this standpoint, since I already have a 403b maxed, is a SEP-IRA vs. Solo 401k essentially equivalent then? Any reason I should ...
by Gleevec
Sun Mar 13, 2016 2:59 am
Forum: Personal Finance (Not Investing)
Topic: individual 401k contribution limit question
Replies: 6
Views: 1067

Re: individual 401k contribution limit question

457 plans and 403b plans have special rules. Both the employee deferral limit ($18K) and total employee/employer limit ($53K) for a 457 are separate and do not effect 401k and 403b limits. The employee salary deferral limit is across all 403b, 401k, and SiMPLE IRA plans. However, there is a catch w...
by Gleevec
Sat Mar 12, 2016 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: individual 401k contribution limit question
Replies: 6
Views: 1067

individual 401k contribution limit question

Hi, If I have a 403b and 457 maxed through my employer, what is the maximum contribution limit for a (unrelated self-employed company) individual 401k account? I have found into about having 401k through employer and then individual 401k, but cant find anything about a employer 403b and individual 4...
by Gleevec
Mon Jul 13, 2015 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - New $10 ATM Fee Reimbursement Limit
Replies: 78
Views: 13638

Re: Ally Bank - New $10 ATM Fee Reimbursement Limit

I like Fidelity and Schwab much better. I just want to avoid ATM fees with my checking account--if I want more interest I put that money in a short-term muni.
by Gleevec
Mon Jul 13, 2015 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Good Mortgage Companies?
Replies: 21
Views: 4118

Re: Good Mortgage Companies?

They're mostly the same. Make sure not paying points and that they close fast in your area.
by Gleevec
Sat Jul 11, 2015 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Favorite Fidelity Funds
Replies: 10
Views: 1545

Re: Favorite Fidelity Funds

Agree that Spartan Funds are best, I like:

Total Stock Market
Extended Stock Market
Total International

If you are limited to Fidelity, dont forget IShares ETFs, several of which have reasonable expense ratios (DGRO, HDV, etc) as well
by Gleevec
Sun Jul 05, 2015 11:45 am
Forum: Personal Consumer Issues
Topic: Internet storage and backup for Mac. Dropbox, iCloud, others?
Replies: 54
Views: 8209

Re: Internet storage and backup for Mac. Dropbox, iCloud, others?

I pay for Offie 365 and get unlimited OneDrive and Office App access. Definitely a good value in my opinion
by Gleevec
Sun May 17, 2015 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: MDs--Academics or Private Practice?
Replies: 47
Views: 7663

Re: MDs--Academics or Private Practice?

I think its more subtle than that-- there are terribly run academic institutions and wonderfully run private practices, and vice versa.

If you are able to talk to people who have recently left either of those places, that is probably the best way to determine fit.
by Gleevec
Sun May 10, 2015 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Which Credit Card w/ 5% Cash Back Rotating Category is Best?
Replies: 37
Views: 12986

Re: Which Credit Card w/ 5% Cash Back Rotating Category is Best?

1. Salle Mae MC
2. Chase Freedom
3. Discover It
by Gleevec
Tue Mar 17, 2015 12:53 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 439
Views: 88710

Re: Schwab Intelligent Portfolios [now live]

Thanks greybus and harikaried. The 0.28% effective ER for cash/fundamental ETFs is totally reasonable especially since some people in this thread seem to be so eager to just hand over 0.25% to Wealthfront or Betterment instead.