Search found 1013 matches

by TIAX
Wed May 23, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Should I hire a financial adviser?
Replies: 13
Views: 1232

Re: Should I hire a financial adviser?

remsho wrote:
Wed May 23, 2018 5:49 pm
I am in no way savvy about the ins and outs of investing.
If you've been reading this site for six months, there is no need for a financial adviser. Invest everything in a three fund portfolio and get adequate insurance (at least the amount of your assets).
by TIAX
Mon Apr 30, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)
Replies: 30
Views: 3213

Re: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)

So, my number 1 reason for liking QQQ is its performance over the past 15 years. Every year the top performing ETF over the last 15 year changes. Why not switch to the top performing ETF every year? Because I can't know what the top performer will be ahead of time. OTOH that doesn't mean there isn'...
by TIAX
Mon Apr 30, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Unregistered 401k Options vs. Index Funds
Replies: 9
Views: 623

Re: Unregistered 401k Options vs. Index Funds

Looks good, but I suggest less Russell 2500, thusly: 40%, S&P 500 index fund, ER 0.01% 10%, Russell 2500 index fund, ER 0.03% 20%, MSCI EAFE index fund, ER 0.04% 30%, Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX), ER 0.03% The 4:1 ratio of S&P 500 to Russell 2500 should mimic the con...
by TIAX
Mon Apr 30, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)
Replies: 30
Views: 3213

Re: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)

I'm not offered benefits from my company from some reason even though I am employed by them full time making great money. Who knows what's going on with that, but what they're doing is shady and I don't think its allowed. Before you assume things like that, perhaps research whether employers have a...
by TIAX
Mon Apr 30, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)
Replies: 30
Views: 3213

Re: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)

CurlyDave wrote:
Sun Apr 29, 2018 11:04 pm
So, my number 1 reason for liking QQQ is its performance over the past 15 years.
Every year the top performing ETF over the last 15 year changes. Why not switch to the top performing ETF every year?
by TIAX
Mon Apr 30, 2018 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Can Employer Set 401k Contribution Limit Below IRS Limit?
Replies: 33
Views: 2436

Re: Can Employer Set 401k Contribution Limit Below IRS Limit?

Thanks for correcting me on this. For my own education (no longer currently with the employer that had this issue), what does is take to be a safe harbor plan? I was seriously disappointed with my previous employer on this issue and was one reason I took a new job elsewhere. At my previous employer...
by TIAX
Mon Apr 30, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Taxes, Solo 401k, and advice
Replies: 6
Views: 353

Re: Taxes, Solo 401k, and advice

About the solo 401k, I want to use a company that allows Roth 401k and Aftertax 401k (I know who I'm going to use) since I already have a 401k thru a W2 employer and a Roth IRA. if you already fill up EmployEE part of 401k at your full time job, why do you need Roth 401k provider for your Solo 401k...
by TIAX
Sun Apr 29, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Can Employer Set 401k Contribution Limit Below IRS Limit?
Replies: 33
Views: 2436

Re: Can Employer Set 401k Contribution Limit Below IRS Limit?

Darth Xanadu wrote:
Sat Apr 28, 2018 11:41 pm
Bacchus01 wrote:
Sat Apr 28, 2018 10:39 pm
sf2sv wrote:
Sat Apr 28, 2018 10:32 pm
What would be the benefit to a company for imposing such limits?
Lower administrative costs
In what way would this lower administrative costs?
The company may be paying fees based on assets.
by TIAX
Sat Apr 28, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Unregistered 401k Options vs. Index Funds
Replies: 9
Views: 623

Re: Unregistered 401k Options vs. Index Funds

sdub1209 wrote:
Sat Apr 28, 2018 12:51 pm
I also have a self direct brokerage option which would allow me many more options, this comes with a a $9.99 per transaction fee if I chose to go that route.
Are you sure your brokerage window has no commission-free ETFs? If not, use the index funds.
by TIAX
Sat Apr 28, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 13699

Re: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]

If there is no change in inflation (or not enough of a change), will the max go back down to $6850 in 2019?
by TIAX
Fri Apr 27, 2018 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)
Replies: 30
Views: 3213

Re: Concerns with Index funds (VTSAX, VOO, QQQ, etc.)

First off before we start. My company doesn't match and I make well over the ROTH IRA limit. I'm currently not contributing to a 401(k), however, I save roughly 40K per year after tax in which I put straight into the market under a personal account with Charles Schwab. Do you mean you have access t...
by TIAX
Fri Apr 27, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 64
Views: 9037

Re: Ameriprise :(

Help me understand one thing - many of you suggest to go to Vanguard for example. I have it now, but those low funds are not gaining as much. In some cases 1 year best options at Vanguard has say 12% return for 0.07% fee vs 17% in sps option with .5% fund fee and 1% ameriprise fee. So whats the log...
by TIAX
Fri Apr 27, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Does a 5 basis points difference matter when deciding between 500 Index and TSM?
Replies: 36
Views: 2167

Re: Does a 5 basis points difference matter when deciding between 500 Index and TSM?

Sorry, just saw this reply. I've considered adding an extended market fund in the past, but I've resisted due to the (perceived) extra effort it would require when it comes to rebalancing... I certainly appreciate the importance of simplicity. But the extended market fund was made exactly for these...
by TIAX
Fri Apr 27, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Does a 5 basis points difference matter when deciding between 500 Index and TSM?
Replies: 36
Views: 2167

Re: Does a 5 basis points difference matter when deciding between 500 Index and TSM?

I really like this idea. As of right now, we max the one 401k, plus a SEP (which comes out to ~11k per year), plus a backdoor Roth. Do you leave your contributions in the SEP IRA? Are you aware aware of the pro rata rule for backdoor Roths? You should set up a solo 401(k) and use that instead of th...
by TIAX
Fri Apr 27, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Does a 5 basis points difference matter when deciding between 500 Index and TSM?
Replies: 36
Views: 2167

Re: Does a 5 basis points difference matter when deciding between 500 Index and TSM?

I think I'd stick with the cheaper 500 Index and settle for highway robbery without the extra side of insult. If my other money outside of this 401k that could be used for a completion index such as Vanguard extended market I would definitely use the 500 Index. I'd also check that the 500 Index was...
by TIAX
Thu Apr 26, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 33
Views: 1570

Re: Opinions on SPTM ETF in taxable for US stock index fund

livesoft wrote:
Tue Apr 24, 2018 3:12 pm
Note: While I always consider a limit order for SPTM and other ETFs, I don't always use a limit order and often use a market order.
What criteria do you use to decide whether to use a limit order or a market order?
by TIAX
Wed Apr 25, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: New 34, Bogle convert wanting to make sure I don’t screw up 401k
Replies: 13
Views: 1124

Re: New 34, Bogle convert wanting to make sure I don’t screw up 401k

I would choose either a Vanguard target retirement fund OR a three-fund portfolio using a combination of: iShares U.S. Aggregate Bond Index K iShares Total U.S. Stock Market Index Vanguard Total Intl Stock Index Admiral If you go the route of the three-fund portfolio you will need to figure out your...
by TIAX
Tue Apr 24, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 33
Views: 1570

Re: Opinions on SPTM ETF in taxable for US stock index fund

OK, now I’m seeing a penny spread on SPTM. That’s 3bp. Therefore $34,750 is the point at which it becomes cheaper to pay a $6.95 commission. Not as bad as I thought. I suppose for 401(k)s at TDA, it only makes sense to pay commissions and buy Vanguard funds if you rollover large assets into TDA. An...
by TIAX
Mon Apr 23, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 33
Views: 1570

Re: Opinions on SPTM ETF in taxable for US stock index fund

motorcyclesarecool wrote:
Mon Apr 23, 2018 10:00 am
OK, now I’m seeing a penny spread on SPTM. That’s 3bp. Therefore $34,750 is the point at which it becomes cheaper to pay a $6.95 commission. Not as bad as I thought.
I suppose for 401(k)s at TDA, it only makes sense to pay commissions and buy Vanguard funds if you rollover large assets into TDA.
by TIAX
Sun Apr 22, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Guidance
Replies: 4
Views: 489

Re: 401k Guidance

Please edit your original post to include expense ratios. I'd guess the best fund to use would be Voya U.S. Stock Index Portfolio.
by TIAX
Sun Apr 22, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on SPTM ETF in taxable for US stock index fund
Replies: 33
Views: 1570

Re: Opinions on SPTM ETF in taxable for US stock index fund

motorcyclesarecool wrote:
Sun Apr 22, 2018 3:34 pm
For a big transaction a single commission of $6.95 to buy VTI is cheaper than paying 6 bp of bid-ask spread for SPTM.
What do you think is the break-even point for a big enough single transaction to make paying the commission for VTI make sense?
by TIAX
Wed Apr 18, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Administrative Fees
Replies: 6
Views: 545

Re: 401k Administrative Fees

What is a reasonable cost basis for administrative fees? The advisor my work uses for the 401k plan originally was paid commissions. When I first met with him, he recommended some ultra-conservative fund-of-fund with trailing commissions hovering around +2.5%. This was after telling him how I have ...
by TIAX
Wed Apr 18, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3307

Re: Suddenly I had a weird bill go to collections - what's my course of action?

staythecourse wrote:
Wed Apr 18, 2018 11:04 am
Unfortunate since you went out of your insurance (which is illegal as well) they couldn't be available to send you an EOB.
It's "illegal" not to use insurance? I think not.
by TIAX
Sun Apr 15, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3307

Re: Suddenly I had a weird bill go to collections - what's my course of action?

OP, what fake info did you give them? Just the address? I assume you used your real name.
by TIAX
Sun Apr 15, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3307

Re: Suddenly I had a weird bill go to collections - what's my course of action?

Help, I'm really stressing out! You're stressing out over a $100 possibly invalid debt? All collection agencies do is scare people who don't know that the agencies can't actually do anything. Write the letter to the collection agency asking them to validate the debt and, otherwise, not contact you,...
by TIAX
Sun Apr 15, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: 2018 Tax Planning Help - New to US - Couple in Their 30s
Replies: 11
Views: 867

Re: 2018 Tax Planning Help - New to US - Couple in Their 30s

[*] Taking Advantage of the LLC. We have a single-member LLC that kicks out about 4K of monthly income. Any way to take advantage of this entity for tax purposes? For example, should I be looking at a self-employed 401k (too complicated?). Setting up a solo 401(k) is very simple. Take a look at thi...
by TIAX
Sun Apr 15, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1598

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

I think I will get $600 bonus for switching to ME, plus around an extra $300 per year in credit card bonus. My wife likes using BofA for checking, so this makes sense and cents for us. $300/year is just enough for me to switch my taxable from Vanguard. The "extra" $300 is still lower than many othe...
by TIAX
Sun Apr 15, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1598

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

The only part of that that makes sense is 3% gas (which becomes 5.25%?). You can get 2% on everything on fidelity or citi double cash, 6% groceries on amex and 3% on amex. You can also get 4% on restaurants and 3% on flights and hotels on the uber visa. Doesn't sound like a good reason to transfer ...
by TIAX
Sat Apr 14, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1598

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

I just did the same thing. 1% everything, 2% groceries and wholesalers, 3% gas. Thats not that great. What makes it good is the 75% bonus boost to your cash back rewards. I am guessing OP also gets that max boost. The only part of that that makes sense is 3% gas (which becomes 5.25%?). You can get ...
by TIAX
Sat Apr 14, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1598

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

athan wrote:
Fri Apr 13, 2018 9:23 pm
I bank with BofA and want to transfer my taxable account from Vanguard to Merrill Edge to take advantage of the credit card bonus.
What will your cash back % be with the bonus?
by TIAX
Tue Apr 10, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 257
Views: 34350

Re: New HSA provider Lively offers investments for $30/yr fee

I guess I am going to get over the aversion to ETFs.... Does anyone have any insight on SPDR vs iShares ETFs or are they pretty much the same? The best options for Total Stock Market (SPTM), Total International Stock Market (SPDW and SPEM) and Total Bond Market (SPAB) are all SPDR. I would only con...
by TIAX
Sat Apr 07, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: Do 401k Plan Providers Make Money from Mutual Fund Fees
Replies: 6
Views: 633

Re: Do 401k Plan Providers Make Money from Mutual Fund Fees

You can read the Form 5500 for your 401(k) plan that is available online for everyone to see. It should show how much your 401(k) provider makes from your plan. It seems you want to know if the 401(k) custodian/sponsor gets a cut of the expense ratios that participants pay and any other payments th...
by TIAX
Thu Apr 05, 2018 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 747

Re: Social Media ETFs

Mega, that's precisely my point. I don't have the comfort level that is needed to produce an informed decision. This will be only the third ETF I have in a portfolio comprised of 142 individual equities. It's sort of my own mutual fund. I need help in this sector & I'm willing to pay a reasonable f...
by TIAX
Thu Apr 05, 2018 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2820

Re: WF Visa 3% FX fee

oldcomputerguy wrote:
Thu Apr 05, 2018 10:31 am
ivk5 wrote:
Thu Apr 05, 2018 9:02 am
A bit OT but +1 to this. If you are really allergic to points, just switch to a 2% cash back card (Fidelity, Citi Double Cash, etc).
Fidelity 2% cashback card charges the 3% foreign transaction fee.
It's actually 1%, not 3%.
by TIAX
Wed Apr 04, 2018 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Social Media ETFs
Replies: 12
Views: 747

Re: Social Media ETFs

How often do you buy sector (and even narrower) funds?
by TIAX
Wed Apr 04, 2018 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2820

Re: WF Visa 3% FX fee

You could consider the new uber visa. It has no foreign transaction fee, 4% cash back on restaurants and bars and 3% back on flights and hotels.
by TIAX
Wed Apr 04, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Passthrough deduction affected by solo 401k?
Replies: 40
Views: 2731

Re: Passthrough deduction affected by solo 401k?

I would even suggest that it might make sense to adopt a prototype SEP IRA at Schwab that can coexist with a one-participant 401k. Then you can make the employer contribution to the SEP and rollover the contribution to a Roth IRA. Effectively making Roth employer contributions which you are not all...
by TIAX
Tue Apr 03, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for using credit card for auto rental insurance
Replies: 25
Views: 1914

Re: Advice for using credit card for auto rental insurance

jeffyscott wrote:
Tue Apr 03, 2018 10:21 pm
If you rent a lot and don't have umbrella insurance, there are non-owner's policies for liability coverage.
One issue with non-owners policies is you generally can't get these if you have regular access to a car (for example, a friend or relative's).
by TIAX
Sat Mar 31, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 9333

Re: Resign from job or possible termination

Maybe I'm a bad person, but if I knew that I was being terminated, I would not be feeling any job stress anymore (at least not due to the working conditions). I mean, what can they do, fire you? I also used up my Flexible Spending Account, did some elective surgery, and spent a lot of time surfing ...
by TIAX
Sat Mar 31, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 9333

Re: Resign from job or possible termination

This is a tough call, depending on the friend. But I was thinking more of a situation where another employer contacts you for a reference, not yours. I think LadyGeek is suggesting that discussion of dishonest behavior is not allowed on this board. Whether one chooses to engage in the behavior (soup...
by TIAX
Sat Mar 31, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Advice on setting up a 3-5 fund 401k portfolio
Replies: 6
Views: 457

Re: Advice on setting up a 3-5 fund 401k portfolio

Please edit your original post to include the expense ratios.
by TIAX
Sat Mar 31, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 9333

Re: Resign from job or possible termination

Discussions of dishonest behavior or bypassing the law is totally unacceptable. I removed a post suggesting that persons supplying employment references be untruthful. A potential employer contacts you to act as a reference for your friend and one of the questions asked is "does [your friend] have ...
by TIAX
Sat Mar 31, 2018 12:12 am
Forum: Investing - Theory, News & General
Topic: Vanguard in the WSJ today
Replies: 57
Views: 7975

Re: Vanguard in the WSJ today

The issue with Vanguard isn't the occasional problem, it's not having a process to correct problems. For example, Vanguard has been having issues with cost basis for years and does nothing other than take weeks or months to manually address the affected client (instead of fixing whatever broken soft...
by TIAX
Fri Mar 30, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Max 401(k) before ROTH IRA?
Replies: 12
Views: 807

Re: Max 401(k) before ROTH IRA?

The best choice is often not to make a choice. Just max both so you don't have to worry about it. There's no reason not to max at your income level.
by TIAX
Fri Mar 30, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Resign from job or possible termination
Replies: 76
Views: 9333

Re: Resign from job or possible termination

Maybe I'm a bad person, but if I knew that I was being terminated, I would not be feeling any job stress anymore (at least not due to the working conditions). I mean, what can they do, fire you? This is correct. I certainly wouldn't be worrying about deadlines, etc. I'm sure you'd still be stressed...
by TIAX
Thu Mar 29, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Capitol One CC Problem
Replies: 10
Views: 885

Re: Capitol One CC Problem

Are there 2% no fee cards with no foreign transaction fees?
by TIAX
Thu Mar 29, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: New York Balance Billing for Out of Network Providers
Replies: 19
Views: 1733

Re: New York Balance Billing for Out of Network Providers

- I can't remember any of my doctors *EVER* asking me which lab to send my bloodwork/etc to. - I can't remember *EVER* being given a choice about which radiologist/specialist is going to look over some test/imaging data and write the report about it. Most doctors will use the lab that's in-network ...
by TIAX
Thu Mar 29, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 9376

Re: What is the endgame for Millennials?

I think that pensions vanishing is good for Millennials. The reason is that pensions die with their parents, but if their parents had 401(k)s, 403(b)s, IRAs, then they will inherit quite a bit of money. Their parents aren't saving, either. At retirement (for 65 year olds and higher), the average 40...
by TIAX
Wed Mar 28, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 6904

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

I believe this is the 101st post on this thread and that message still hasn't been accepted by some. Quite simply, the IRS looks at substance over form and the substance of the proposed transaction is that OP is selling the stock to pay for his child's education and therefore the sale is taxed to h...
by TIAX
Wed Mar 28, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition
Replies: 121
Views: 6904

Re: Gifting Appreciated Stocks to Grandparent to pay Child's Private School Tuition

Nearly all posters have raised concerns about the legality or the morality of this idea. More sanctimony. This has nothing to do with morality. Judge Learned Hand on this issue: There is not the faintest ground for imputing any such purpose to the parties at bar; and, if there were, it ought not to...