Search found 98 matches
- Wed Nov 29, 2023 9:47 pm
- Forum: Personal Investments
- Topic: Transitioning my Company's 401(k) - Trying to Decide Between Fidelity, Vanguard, Employee Fiduciary, and Ubiquity
- Replies: 10
- Views: 1668
Re: Transitioning my Company's 401(k) - Trying to Decide Between Fidelity, Vanguard, Employee Fiduciary, and Ubiquity
One thing to consider is payroll integrations, as lack of integration can result in quite a bit of bookkeeping burden. EF seems to have limited integrations.
- Sat Jan 02, 2021 11:26 am
- Forum: Investing - Theory, News & General
- Topic: Dividend Funds Question (but not really)
- Replies: 16
- Views: 1590
Re: Dividend Funds Question (but not really)
ultimately do you think it's a suitable (as much as possible) replacement for fixed asset allocation of they are using a total market fund ?
- Fri Jan 01, 2021 9:33 am
- Forum: Investing - Theory, News & General
- Topic: Dividend Funds Question (but not really)
- Replies: 16
- Views: 1590
Re: Dividend Funds Question (but not really)
Great points thank you. Is there a reason to think high dividend would be more stable than a growth dividend/aristocrats fund? My understanding is high dividend funds are actually more risky/more volatility. They can be more risky, if they're "high" because the dividend is expected to be cut. FWIW, the index Vanguard uses for it's "high dividend yield index" (VYM) tries to screen for stocks expected to pay higher dividends, which weeds out some of the ones that are expected to be cut. It's also a sort-of market cap weighted fund, which tends to make its average cap size larger then something equal weighted, and larger is usually less volatile/risky. Dividend stocks in general tend to be larger stocks, which plays some pa...
- Thu Dec 31, 2020 9:25 pm
- Forum: Investing - Theory, News & General
- Topic: Dividend Funds Question (but not really)
- Replies: 16
- Views: 1590
Re: Dividend Funds Question (but not really)
My understanding is high dividend funds are actually more risky/more volatility.
- Thu Dec 31, 2020 8:41 pm
- Forum: Investing - Theory, News & General
- Topic: Dividend Funds Question (but not really)
- Replies: 16
- Views: 1590
Dividend Funds Question (but not really)
I'll start with the disclaimer I'm not looking to re-litigate the dividend vs growth/index debate and what ultimately has best total returns.
I'm looking to assist a soon-to-be retiree design/reallocate a portfolio with the restriction that they do not invest in bonds (religious reasons).
My thought is to add-in dividend growth fund/sp500 aristocrat type allocation (currently all in on vanguard total US fund)- not because it pays dividends or that I think it's a better total return strategy than a whole market index, but more so because the Quality factor may mean less volatility. Am I wrong in my thinking? If so why?
I'm looking to assist a soon-to-be retiree design/reallocate a portfolio with the restriction that they do not invest in bonds (religious reasons).
My thought is to add-in dividend growth fund/sp500 aristocrat type allocation (currently all in on vanguard total US fund)- not because it pays dividends or that I think it's a better total return strategy than a whole market index, but more so because the Quality factor may mean less volatility. Am I wrong in my thinking? If so why?
- Sat Jun 06, 2020 5:47 pm
- Forum: Personal Investments
- Topic: Socially Responsible Fund Allocation (Shariah-Compliant)
- Replies: 21
- Views: 2227
Re: Socially Responsible Fund Allocation (Shariah-Compliant)
Here’s a M1 Pie someone made using top holdings of HLAL, SPUS, and AMAGX
https://m1.finance/FBx6K3Rj6vAc
Is just going with top holdings basically good enough, or would you recommend a more structured approach as to how to weight and style blend ?
https://m1.finance/FBx6K3Rj6vAc
Is just going with top holdings basically good enough, or would you recommend a more structured approach as to how to weight and style blend ?
- Sat Jun 06, 2020 5:43 pm
- Forum: Investing - Theory, News & General
- Topic: New ETF HLAL
- Replies: 20
- Views: 2208
Re: New ETF HLAL
someone creates this M1 Pie that mimics top holdings of HLAL, SPUS, and AMAGX
- Thu Apr 02, 2020 3:48 pm
- Forum: Personal Investments
- Topic: Socially Responsible Fund Allocation (Shariah-Compliant)
- Replies: 21
- Views: 2227
Re: Socially Responsible Fund Allocation (Shariah-Compliant)
Thanks Alex. I'll do some digging re airlines.
In meantime though, can't we just assume assume the stocks that make up the SC funds (Amana, HLAL, SPUS) are acceptable, and try to create a basket from those stocks (or a mix of those funds)?
(see this old thread, but HLAL and SPUS weren't around back then: viewtopic.php?t=118277 )
In meantime though, can't we just assume assume the stocks that make up the SC funds (Amana, HLAL, SPUS) are acceptable, and try to create a basket from those stocks (or a mix of those funds)?
(see this old thread, but HLAL and SPUS weren't around back then: viewtopic.php?t=118277 )
- Thu Apr 02, 2020 2:36 pm
- Forum: Personal Investments
- Topic: Socially Responsible Fund Allocation (Shariah-Compliant)
- Replies: 21
- Views: 2227
Re: Socially Responsible Fund Allocation (Shariah-Compliant)
Thanks @aristotelian and @Alex_686 , very helpful replies.
I've considered M1 as well. What I would want to figure out is, making the assumption that I'm okay with all the stocks that pass these screeners of all the funds/ETFs, is there a way to take the entirety of those stocks and figure out a way to allocate them so they can be maximally diversified in a way to reflect the characteristics/blend of the entire market ?
I've considered M1 as well. What I would want to figure out is, making the assumption that I'm okay with all the stocks that pass these screeners of all the funds/ETFs, is there a way to take the entirety of those stocks and figure out a way to allocate them so they can be maximally diversified in a way to reflect the characteristics/blend of the entire market ?
- Wed Apr 01, 2020 1:05 pm
- Forum: Personal Investments
- Topic: Socially Responsible Fund Allocation (Shariah-Compliant)
- Replies: 21
- Views: 2227
Re: Socially Responsible Fund Allocation (Shariah-Compliant)
Thanks for the feedback. Will see if I can track down any white papers.
One point to note is the difference in ER's between the ETF's and the active fund, also they are relatively new so presumably will continue to grow- do you still think that better to pass on them still?
One point to note is the difference in ER's between the ETF's and the active fund, also they are relatively new so presumably will continue to grow- do you still think that better to pass on them still?
- Wed Apr 01, 2020 11:44 am
- Forum: Personal Investments
- Topic: Socially Responsible Fund Allocation (Shariah-Compliant)
- Replies: 21
- Views: 2227
Socially Responsible Fund Allocation (Shariah-Compliant)
Hey all. So there's now an expanded list of available funds for those restricted to SC funds. Thankfully, there is now actually passive index style funds with relatively lower ER's. Was hoping can get help with trying to figure out best allocation to best approximate total market index funds in blend, perhaps by using Morningstar Instant X-Ray to best match 9-box grid and have maximum stock diversification (open to any other suggestions for better methodology). Right now this would be just for equity allocation.
Available funds:
(Active)
AMANX
AMAGX
AMDWX
ADJEX
IMANX
(Passive-ish)
HLAL
SPUS
Thank you.
Available funds:
(Active)
AMANX
AMAGX
AMDWX
ADJEX
IMANX
(Passive-ish)
HLAL
SPUS
Thank you.
- Sun Mar 22, 2020 4:06 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
Also looks like there is another option now - SPUS
- Thu Mar 19, 2020 9:15 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
How about HLAL?
- Sat Mar 14, 2020 10:45 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
- Tue Mar 10, 2020 6:20 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
Been quite some time but wanted to revisit this as there is now at least one new product that should appeal to us bogleheads looking for shariah compliant options, specifically a SC passive index ETF ticker HLAL ER still a bit high at 0.5%, but a move in the right direction plus only passive option. Any advice on how to build portfolio that approximates total market now that this fund is available? Go all in on HLAL or is there value to mixing in Amana funds as well? Sorry, that was typo, ticker should have been ADJEX not AJDEX http://quotes.morningstar.com/fund/adjex/f?t=ADJEX Well personally, and this is just me -- we are likely very different people, I would be more likely to go with: 35% AMAGX (Large Blend) 35% AMANX (Large Growth) 20% ...
- Wed Dec 18, 2019 9:32 am
- Forum: Personal Finance (Not Investing)
- Topic: Retirement Account Advice
- Replies: 6
- Views: 958
Re: Retirement Account Advice
Also, for 2019, since October 401k safe harbor deadline has passed- any other ideas to tax-advantage excess gains/profits?
- Wed Dec 18, 2019 7:25 am
- Forum: Personal Finance (Not Investing)
- Topic: Retirement Account Advice
- Replies: 6
- Views: 958
Re: Retirement Account Advice
Thank you
Is a match required in either option (401k vs Simple)?
I’m also assuming using a Simple IRA means can’t do backdoor Roth? Are there any other retirement accounts that can be used by owner if she goes the Simple route so as to contribute more than 12.5k?
Is a match required in either option (401k vs Simple)?
I’m also assuming using a Simple IRA means can’t do backdoor Roth? Are there any other retirement accounts that can be used by owner if she goes the Simple route so as to contribute more than 12.5k?
- Tue Dec 17, 2019 9:53 am
- Forum: Personal Finance (Not Investing)
- Topic: Retirement Account Advice
- Replies: 6
- Views: 958
Retirement Account Advice
Have colleague with a small business. Has some W2 employees. She's being using a SEP, but this coming year will have had employees who've worked for 3 years and will become eligible if she continues using SEP. She's trying to figure out what are most cost-efficient options are. Continue with SEP? Open 401k? Other alternatives?
Thank you.
Thank you.
- Mon Aug 26, 2019 4:40 pm
- Forum: Personal Finance (Not Investing)
- Topic: Profit-sharing/Retirement Plan for Small Business
- Replies: 0
- Views: 412
Profit-sharing/Retirement Plan for Small Business
Asking for a friend:
Small business, sole owner
5 FT employees
Owner currently does SEP
Goal is owner wants to put away 25% of income but can't afford to give large amounts to employees.
has been told by someone that can't continue to do SEP only for herself after 3 years if has employees.
Would like to know if SEP limitation is true and if so what potential alternatives are
Small business, sole owner
5 FT employees
Owner currently does SEP
Goal is owner wants to put away 25% of income but can't afford to give large amounts to employees.
has been told by someone that can't continue to do SEP only for herself after 3 years if has employees.
Would like to know if SEP limitation is true and if so what potential alternatives are
- Sun Dec 30, 2018 2:49 pm
- Forum: Personal Investments
- Topic: Socially Responsible Funds [Shariah-Compliant]
- Replies: 16
- Views: 3114
Re: Socially Responsible Funds
Thanks for all the feedback everyone.
I was hoping someone more clever than me in the maths could help with modeling these against each other to compare.
Essentially I’m trying to see if there’s a strong case to be made for passive shariah complaint funds vs the actively managed ones for those who limited to only investing in these by personal preference. As noted, unfortunately the iShares ones are only available one the LSE
I was hoping someone more clever than me in the maths could help with modeling these against each other to compare.
Essentially I’m trying to see if there’s a strong case to be made for passive shariah complaint funds vs the actively managed ones for those who limited to only investing in these by personal preference. As noted, unfortunately the iShares ones are only available one the LSE
- Sat Dec 15, 2018 8:01 pm
- Forum: Personal Investments
- Topic: Socially Responsible Funds [Shariah-Compliant]
- Replies: 16
- Views: 3114
Re: Socially Responsible Funds
Thanks for the feedback, edited.
Silk McCue wrote: ↑Sat Dec 15, 2018 7:09 pm I would recommend that you edit your original post and include full fund names in addition to the symbol and the Expense Ratio for each fund. Folks here are willing to help but will likely move along without and not spend therir time looking up the information.
Also you should provide more specific information on what feedback you are looking for along with any background that would be helpful.
Hopefully someone will then be able to provide guidance.
Cheers
- Sat Dec 15, 2018 6:53 pm
- Forum: Personal Investments
- Topic: Socially Responsible Funds [Shariah-Compliant]
- Replies: 16
- Views: 3114
Socially Responsible Funds [Shariah-Compliant]
Trying to compare performance of shariah-complaint actively managed funds, shariah-complaint passive funds, and vanguard sp500/total US, inclusive of fees
Relevant tickets:
Actively managed shariah compliant
AMANX Amana Income Investor ER 1.12%
AMAGX Amana Trust Growth ER 1.09%
AMDWX Amana Developing World 1.32%
ADJEX Azzad Ethical 0.99%
Shariah complaint indexes
ISUS.L iShares MSCI USA Islamic UCITS ETF 0.5%
ISWD.L iShares MSCI World Islamic 0.6%
ISEM.L iShares MSCI Emerging Markets 0.85%
Basically trying to compare if the better performance balances out the higher ERs
Relevant tickets:
Actively managed shariah compliant
AMANX Amana Income Investor ER 1.12%
AMAGX Amana Trust Growth ER 1.09%
AMDWX Amana Developing World 1.32%
ADJEX Azzad Ethical 0.99%
Shariah complaint indexes
ISUS.L iShares MSCI USA Islamic UCITS ETF 0.5%
ISWD.L iShares MSCI World Islamic 0.6%
ISEM.L iShares MSCI Emerging Markets 0.85%
Basically trying to compare if the better performance balances out the higher ERs
- Sun Jul 22, 2018 9:04 am
- Forum: Personal Finance (Not Investing)
- Topic: Business Credit Card
- Replies: 10
- Views: 1432
Re: Business Credit Card
Bump.
- Wed Jul 18, 2018 10:19 am
- Forum: Personal Finance (Not Investing)
- Topic: Business Credit Card
- Replies: 10
- Views: 1432
Re: Business Credit Card
Any insight on how to go about applying for one?
- Mon Jul 16, 2018 9:35 pm
- Forum: Personal Finance (Not Investing)
- Topic: Business Credit Card
- Replies: 10
- Views: 1432
Re: Business Credit Card
Just figured at some point when a business gets large seems wise to get a “true business card,” that is not tied to anyone personally but only to the business.
- Mon Jul 16, 2018 6:13 pm
- Forum: Personal Finance (Not Investing)
- Topic: Business Credit Card
- Replies: 10
- Views: 1432
Re: Business Credit Card
Thank you, that was very helpful.
Have been in business for over a year as an LLC/S-Corp.
Have an EIN. No DUNS. Have business checking. Have business phone line and utilities in company name. Also have office building lease. 3 business credit cards, have made all payments on time, no late payments (one I pay in full, other 2 have 0% but will pay off in full before then).
So now how do I go about checking my business credit score and how do I apply for a “true business credit card?”
Have been in business for over a year as an LLC/S-Corp.
Have an EIN. No DUNS. Have business checking. Have business phone line and utilities in company name. Also have office building lease. 3 business credit cards, have made all payments on time, no late payments (one I pay in full, other 2 have 0% but will pay off in full before then).
So now how do I go about checking my business credit score and how do I apply for a “true business credit card?”
- Mon Jul 16, 2018 3:51 pm
- Forum: Personal Finance (Not Investing)
- Topic: Business Credit Card
- Replies: 10
- Views: 1432
Business Credit Card
At what point can your business entity apply for a credit card under itself (as oppose to under your person and associated with business).
I was told the business needs $2MM in annual gross revenue, but not sure if this is accurate.
Also would appreciate guidance on how to even go about the application process for such a thing, if it is even possible.
I was told the business needs $2MM in annual gross revenue, but not sure if this is accurate.
Also would appreciate guidance on how to even go about the application process for such a thing, if it is even possible.
- Sat Jan 17, 2015 9:56 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician Independent contractor - LLC vs S corp vs other
- Replies: 106
- Views: 48629
Re: Physician Independent contractor - LLC vs S corp vs othe
Ah, didn't catch he had profit sharing option in W2 plan. Thanks for the clarification.
Always good to review as the contribution limits often tend to be a point of confusion.
Always good to review as the contribution limits often tend to be a point of confusion.
- Sat Jan 17, 2015 4:15 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician Independent contractor - LLC vs S corp vs other
- Replies: 106
- Views: 48629
Re: Physician Independent contractor - LLC vs S corp vs othe
Thanks for the clarification. So I can potentially put away 53k in my employed 401k, 53k in my solo 401k via 1099 and continue my annual 5.5k backdoor Roth contributions via a traditinal IRA. Correct? Yes Unless I am misunderstanding, this that this actually not true. The total elective deferral limit from all plans is $18,000 For each plan, a total limit of $53,000 for elective deferral and profit-sharing combined. http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics-401k-and-Profit-Sharing-Plan-Contribution-Limits For my individual 401k I went with E-trade and am happy with them. http://whitecoatinvestor.com/where-to-open-your-solo-401k/ You can apply for an EIN here: http://www.irs.gov/Businesses/Small-Busine...
- Fri Jan 16, 2015 5:44 pm
- Forum: Personal Finance (Not Investing)
- Topic: Physician Independent contractor - LLC vs S corp vs other
- Replies: 106
- Views: 48629
Re: Physician Independent contractor - LLC vs S corp vs othe
This post may be helpful: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=150076 I myself went with the Sole Proprietor route. Didn't seem to be any benefit to form an LLC in my situation, your seems similar. Like EmergDoc said though, it's a minimal cost, so there's no harm either really. An S-Corp can save you medicare tax on dividends, but as someone (I assume) being paid an hourly wage, it may be hard convincing the IRS that though your company is paying you say $100/hr for your services, your S-corp has determined your work is actually worth less, say $50/hr, and the rest will be dividends. Otherwise, if there are no dividends there are no tax-savings, only incorporation costs. At least this was the reasoning I used when I was...
- Mon Jan 12, 2015 11:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Individual 401k for multiple LLCs
- Replies: 4
- Views: 1671
- Sun Jan 11, 2015 9:59 am
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
Oh wow, great find! This totally passed me by. Looks like it just got established last October. While I wish the ER was a little more in line with other index funds, I'm glad someone is starting to put out these products!
The only 1.2 mil total assets is a little concerning with regards to its viability, it is still very new so we'll have to wait and see. Either way very exciting and I hope this will be the start of many more similar products in the future.
The only 1.2 mil total assets is a little concerning with regards to its viability, it is still very new so we'll have to wait and see. Either way very exciting and I hope this will be the start of many more similar products in the future.
- Sat Jan 10, 2015 1:24 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
Thanks in_reality, exactly the kind of analysis I was looking for!
I definitely would also favor the tilt towards value and the increase in international exposure, particularly as this would be my entire portfolio and I have no international fund so to speak. Even while 21% is still relatively low, it's better than the lower allocation I had.
I am willing to endure the increased volatility at this point given my longer time horizon, but as I age I will probably have to tilt back towards growth, especially since I haven't yet found a bond substitute. The only other hesitation the (relatively) high ER of AMDWX, but given my options I'll have to make due.
Thanks again! Any further suggestions are welcome.
I definitely would also favor the tilt towards value and the increase in international exposure, particularly as this would be my entire portfolio and I have no international fund so to speak. Even while 21% is still relatively low, it's better than the lower allocation I had.
I am willing to endure the increased volatility at this point given my longer time horizon, but as I age I will probably have to tilt back towards growth, especially since I haven't yet found a bond substitute. The only other hesitation the (relatively) high ER of AMDWX, but given my options I'll have to make due.
Thanks again! Any further suggestions are welcome.
- Thu Jan 08, 2015 9:11 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
Sorry, that was typo, ticker should have been ADJEX not AJDEX
http://quotes.morningstar.com/fund/adjex/f?t=ADJEX
http://quotes.morningstar.com/fund/adjex/f?t=ADJEX
- Thu Jan 08, 2015 4:05 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
My starting off point is:
40% AMAGX (Large Blend)
40% AMANX (Large Growth)
15% AJDEX (Mid-Cap Growth)
5% AMDWX (Emerging Mkts)
40% AMAGX (Large Blend)
40% AMANX (Large Growth)
15% AJDEX (Mid-Cap Growth)
5% AMDWX (Emerging Mkts)
- Wed Jan 07, 2015 10:15 pm
- Forum: Personal Investments
- Topic: Amana Portfolio Allocation
- Replies: 48
- Views: 14048
Re: Amana Portfolio Allocation
So since we last discussed this issue, I've decided to add another fund (AJDEX) to the mix. The idea is to add a mid-cap to this large-heavy collection. We are still at a total of ~232 stocks, but it's what we have to work with. AMAGX (Large Blend) 1.13% 62 holdings AMANX (Large Growth) 1.20% 48 holdings AMDWX (Emerging Mkts) 1.61% 54 holdings AJDEX (Mid-Cap Growth) 0.99% 68 holdings If people (particularly those more adept at Morningstar x-ray reverse engineering) again wouldn't mind offering insight as to the best allocation to most closely mimic a total world style-mix, I would be very grateful. Another fund I considered was IMANX, and while attractive because its offers another 160 stocks in its holdings, I ruled out due to its higher E...
- Wed Jan 07, 2015 8:43 pm
- Forum: Personal Finance (Not Investing)
- Topic: Individual 401k for multiple LLCs
- Replies: 4
- Views: 1671
Re: Individual 401k for multiple LLCs
On a related note, would this mean that if one was receiving 1099 independent contractor income and opened an individual 401k, but now stopped doing this work and separately started a sole proprietorship, can the same individual solo 401k account continue to be used, or does a new and separate individual solo 401k account need to be opened?
- Thu Nov 20, 2014 9:54 pm
- Forum: Personal Finance (Not Investing)
- Topic: Solo Physician Practice
- Replies: 13
- Views: 2966
- Tue Nov 11, 2014 10:07 pm
- Forum: Personal Finance (Not Investing)
- Topic: Solo Physician Practice
- Replies: 13
- Views: 2966
Re: Solo Physician Practice
Thanks for your input and help everyone. Looks like SP is the way to go.
Any good resource of important deductions to keep track of (or perhaps we can create that list here : ) ?
Any good resource of important deductions to keep track of (or perhaps we can create that list here : ) ?
- Tue Nov 04, 2014 11:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Solo Physician Practice
- Replies: 13
- Views: 2966
Re: Solo Physician Practice
Similar to EmergDoc's post, my understanding is that I can use all the same retirement plans as an SP, including a solo 401k.
Otherwise, it seems the only advantage left is the Medicare tax savings.
So let's say I make 250k. If I decide to pay myself a salary of 200k and then take 50k as dividends (although I've read about this, including EmergDoc's post on the WHI blog, I'm still not sure I get how to make this determination). So I save 2.9% on the 50k, which comes out to $1450.
Unless there's any other advantages I'm missing, it seems it may not be worth the hassle to incorporate.
Am I missing anything else?
Otherwise, it seems the only advantage left is the Medicare tax savings.
So let's say I make 250k. If I decide to pay myself a salary of 200k and then take 50k as dividends (although I've read about this, including EmergDoc's post on the WHI blog, I'm still not sure I get how to make this determination). So I save 2.9% on the 50k, which comes out to $1450.
Unless there's any other advantages I'm missing, it seems it may not be worth the hassle to incorporate.
Am I missing anything else?
- Sun Nov 02, 2014 10:30 pm
- Forum: Personal Finance (Not Investing)
- Topic: Solo Physician Practice
- Replies: 13
- Views: 2966
Solo Physician Practice
Many moons ago when I was a resident looking to moonlight I got some great advice on here regarding what tax filing status to go with.
Now I am considering starting my own solo practice (inpatient consultant with no office, staff, overall minimal overhead) and am looking to tap into the collective Boglehead wisdom again.
Again, as above I will have minimal overhead -malpractice insurance, PO Box, business cards, script pads, billing service and no office or staff.
Similar to last time, I am wondering if it's worth the hassle to create an S-corp or just keep it simple with a sole proprietorship?
Any other tax advice or even general advice from those with experience in this area is also welcome.
Now I am considering starting my own solo practice (inpatient consultant with no office, staff, overall minimal overhead) and am looking to tap into the collective Boglehead wisdom again.
Again, as above I will have minimal overhead -malpractice insurance, PO Box, business cards, script pads, billing service and no office or staff.
Similar to last time, I am wondering if it's worth the hassle to create an S-corp or just keep it simple with a sole proprietorship?
Any other tax advice or even general advice from those with experience in this area is also welcome.
- Sun Jun 01, 2014 12:30 pm
- Forum: Non-US Investing
- Topic: UK taxes on iShares ETF offered by Fidelity
- Replies: 16
- Views: 2392
Re: UK taxes on iShares ETF offered by Fidelity
This post may be of interest to you: http://www.bogleheads.org/forum/viewtopic.php?f=1&t=136726&start=50 Another consideration for the foreign ETFs is most brokerages will usually have additional fees involved just with regards to purchasing them. AMANA does have institutional shares available now with ERs that are at least less than 1%, though still by no means low compared to index funds. You may want to see if your plan would be able to obtain those shares as oppose to he investor class ones. http://www.amanafunds.com/retail/news/20140107institutionalshares.shtml Unfortunately, the task of finding a shariah complaint fund that approximates a low cost index fund had proven to be difficult. There definitely seems be growing demand ...
- Sun May 04, 2014 5:22 pm
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
- Tue Apr 29, 2014 11:23 pm
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice [on Shariah compliant investment products]
Ok, as an aside, does anyone know a broker that allows purchase of funds sold on foriegn exchanges into a retirment account (ex ROTH IRA)?
Specificaly looking at funds below on London exchange:
iShares MSCI World Islamic (ISWD.L) ER 0.6%
iShares MSCI USA Islamic (ISUS.L) ER 0.5%
iShares MSCI Emerging Markets Islamic (ISEM.L) ER 0.85%
Specificaly looking at funds below on London exchange:
iShares MSCI World Islamic (ISWD.L) ER 0.6%
iShares MSCI USA Islamic (ISUS.L) ER 0.5%
iShares MSCI Emerging Markets Islamic (ISEM.L) ER 0.85%
- Sat Apr 26, 2014 7:16 pm
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice for [Religious Investor]
Just with regards to using the below funds to gain as broad an exposure as possible with lowest possible fees for equity portion of portfolio. Assume these will compose entirety of equity portfolio:bUU wrote:For what specific investment objectives, and under what specific conditions? It seems to me that the answer to that question would necessarily need to follow from a scenario presented as per http://www.bogleheads.org/forum/viewtop ... f=1&t=6212
AMAGX (Growth) ER 1.13%
AMANX (Income) ER 1.20%
AMDWX (Developing) ER 1.61%
ADJEX ER 0.98%
IMANX ER 1.59
- Sat Apr 26, 2014 9:35 am
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice for [Religious Investor]
Thoughts on allocations for above listed funds for best exposure?
- Fri Apr 25, 2014 7:27 am
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice for [Religious Investor]
I think a good place to start is figuring out a good equity mix first. I think a lot of people in this religous community willatually probably be just fine with doing a plain old index fund, but for those who prefer the ethical funds, perhaps we can figure out a good mix of these funds. Now I know this is somewhat antithetical to the basic bogleheads philosophy, but (bare with me here) I still think it's appropriate because we are trying to approximate as best as possible a broad passive index approach with the funds available to investors with these restrictions. That said, given the funds below, what would be the best allocation to gain as broad an exposure as possible with the lowest fees: AMAGX (Growth) ER 1.13% AMANX (Income) ER 1.20% ...
- Mon Apr 07, 2014 10:29 pm
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice for [Religious Investor]
Can someone explain exactly what rule, or law is in effect here, to cause the limitation, so we can discuss ways to avoid it, in spirit and in effect? I'm unfamiliar with how this works. The most significant issue is the prohibition against what is called 'riba,' which is variously translated as interest or usury. The most basic definition often given is 'making money on money,' or 'an increase in capital without services provided.' There is also the principle that profits and losses should be shared and there should no be any guaranteed returns. The mainstream opinion therefore regards interest bearing instruments as impressible- savings accounts/CDs/treasury bills/bonds/etc... A minority opinion is that interest up to the value of inflat...
- Sun Apr 06, 2014 3:14 pm
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice for [Religious Investor]
Also, for those trying to figure out the equity part of their allocation, here are the products, that I am aware of, that are available. Unfortunately, mostly limited to actively managed. Actively Managed (higher quality) AMAGX (Growth) ER 1.13% AMANX (Income) ER 1.20% AMDWX (Developing) ER 1.61% (lower quality) ADJEX 0.98% WISEX 1.49% IMANX 1.59% Passive/Index Funds iShares MSCI World Islamic ETF (ISWD) ER 0.6% iShares MSCI USA Islamic ETF (ISUS) ER 0.5% iShares MSCI Emerging Markets Islamic ETF (ISEM) ER 0.85% db X-trackers DJ Islamic Market Titans 100 UCITS ETF (XMIT) db X-trackers S&P 500 Shariah UCITS ETF (XSHU) db X-trackers S&P Europe 350 Shariah UCITS ETF (XSHE) db X-trackers S&P Japan 500 Shariah UCITS ETF (XSHJ) Unfort...
- Sun Apr 06, 2014 11:14 am
- Forum: Personal Investments
- Topic: Advice [on Shariah compliant investment products]
- Replies: 60
- Views: 10657
Re: Advice for [Religious Investor]
Somewhat unrelated, but for those looking for a savings account alternative, this US-based bank has an interesting 'profit-sharing savings account,"
http://www.myuif.com/
http://www.myuif.com/