Search found 16 matches

by mjsmithz
Wed Jan 01, 2014 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: What Was Your Best Portfolio move in 2013
Replies: 125
Views: 10242

Re: What Was Your Best Portfolio move in 2013

fired my "advisor" and switched to the boglehead approach!
by mjsmithz
Tue Aug 27, 2013 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs. financial advisor
Replies: 32
Views: 5951

Re: Vanguard vs. financial advisor

I know this was not the question asked and I know that I am a little rusty on capital gain taxing of your principal home but isn't the tax break for selling your home a one time deal? Unless of course you buy another home. If the OP uses this 95K as his one time deduction will he then have to pay c...
by mjsmithz
Sat Jun 22, 2013 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: How to fit new 401k plan into the investment plan
Replies: 3
Views: 425

Re: How to fit new 401k plan into the investment plan

thanks ruralavalon it is nice to get some confirmation that my asset allocation isn't out of whack and that my instincts on the best fund choices are totally off base.

as far as a larger small cap tilt, I have considered it, but haven't pulled the trigger yet.
by mjsmithz
Fri Jun 21, 2013 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: How to fit new 401k plan into the investment plan
Replies: 3
Views: 425

How to fit new 401k plan into the investment plan

Emergency funds: Three to six months of expenses Debt: mortgage at 4% Tax Filing Status: MFJ Tax Rate: 15% prior year expect 25% current year Federal, 4.33% State State of Residence: MI Age: 31 His 27 her Desired Asset allocation: 75% stocks / 25% bonds Desired International allocation: 25% of stock...
by mjsmithz
Fri May 10, 2013 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: HSA with [poor] insurance or ROTH IRA?
Replies: 10
Views: 1804

Re: HSA with [poor] insurance or ROTH IRA?

off topic but had to comment. it always astounds me that a $1,250(single $2500 family) deductible is considered a high deductible plan.
by mjsmithz
Fri May 03, 2013 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Not invested. Help!
Replies: 11
Views: 1060

Re: Not invested. Help!

In April I went through something similar. The last year and a quarter I was with a FA who didn't invest in the asset allocation I asked him to. I was at about 40% cash cause he was "waiting for better buying opportunities". Well I got sick of waiting and started reading lots of books and ...
by mjsmithz
Thu May 02, 2013 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: POLL: Do you have a written investment plan?
Replies: 67
Views: 12903

Re: POLL: Do you have a written investment plan?

just 2 or 3 months ago i decided to take over my retirement investing. after reading books (several of which happened to be on the recommended list here) i noticed several of them suggested a written investment policy did a google search found the wiki and used a couple of them and presented it to t...
by mjsmithz
Tue Apr 23, 2013 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k
Replies: 16
Views: 2681

Re: Help with 401k

I'm not an expert so I will leave most of the questions for more experienced people Gotta get rid of that 11% debt. I would stop retirement contributions till its gone As for the SEP, while I don't now all the details of my small company's(there are 4 of us) SEP. My boss' said open a SEP-IRA account...
by mjsmithz
Sat Apr 20, 2013 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey recommends 2 funds on the air
Replies: 53
Views: 18644

Re: Dave Ramsey recommends 2 funds on the air

i did hear dave ramsey recently recommend a S&P 500 index fund....baby steps
by mjsmithz
Fri Apr 05, 2013 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Is today a RBD [Really Bad Day]
Replies: 83
Views: 8951

Re: Is today a RBD

I dunno but if there was ever a day I was hoping for a "Real Bad Day" its today and the next few days while my money is out of the market headed to vanguard from fidelity
by mjsmithz
Wed Mar 27, 2013 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: course correction
Replies: 19
Views: 3044

Re: course correction

You are correct you would sell high asset classes and buy lower asset classes to get back down to your desired asset allocation. You can contribute to your traditional IRA and Roth IRA upto $5,500. You can not contribute to your previous employer's 401(k) if that is still open
by mjsmithz
Thu Mar 21, 2013 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: When to drop term insurance
Replies: 21
Views: 2458

Re: When to drop term insurance

Magruder wrote: My spouse will not need the insurance payout should I exit stage left.


that to me says you no longer need it
by mjsmithz
Thu Mar 21, 2013 5:38 am
Forum: Investing - Help with Personal Investments
Topic: 30 year old about to try something new
Replies: 2
Views: 781

Re: 30 year old about to try something new

Thanks Occupier I didn't even think about the fact that REITs might be held in an index that wasn't exclusively REITS. I have plenty of room in my roth to do an admiral share of small cap value. It would put me at a little higher percentage of small cap than my plan but it should be easy enough to r...
by mjsmithz
Wed Mar 20, 2013 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: 30 year old about to try something new
Replies: 2
Views: 781

30 year old about to try something new

Emergency funds: Three to six months of expenses Debt: mortgage 213K @ 4.125%. Tax Filing Status: Married Filing Jointly Tax Rate: 15% Federal, 4.33% State State of Residence: MI Age: 30/26 Desired Asset allocation: 75% stocks / 25% bonds Desired International allocation: 25% of stocks Portfolio siz...