Search found 302 matches

by supernova
Sat Feb 15, 2020 9:43 pm
Forum: Personal Investments
Topic: PSA : Turbotax cannot import vanguard brokerage 1099 ?
Replies: 25
Views: 2654

Re: PSA : Turbotax cannot import vanguard brokerage 1099 ?

You probably need to use Vanguard Brokerage Services. There's two different ones for Vanguard
by supernova
Sun Sep 15, 2019 10:32 pm
Forum: Personal Investments
Topic: High yield cash and I bonds for early retirement
Replies: 6
Views: 958

Re: High yield cash and I bonds for early retirement

EE Bonds might be worth it for you, too. In 20 years they double, thus yielding ~3.53%
by supernova
Sat Jul 13, 2019 8:13 pm
Forum: Personal Investments
Topic: my mom is a "financial advisor"
Replies: 66
Views: 8157

Re: my mom is a "financial advisor"

Say "I will invest in it if, after each year, you give me the difference between that and the S&P 500 if it underperforms. If it overperforms, you can have half the difference. "
by supernova
Sat Jul 06, 2019 8:54 pm
Forum: Personal Investments
Topic: Prudential 401k help with picking allocations
Replies: 9
Views: 990

Re: Prudential 401k help with picking allocations

You have very low cost total international index, total bond index and an s&p 500 index (along with a small cap index). I'd go those three (or four if you want to add small cap).
by supernova
Sat Jul 06, 2019 6:57 pm
Forum: Personal Investments
Topic: If I want to time the market
Replies: 67
Views: 4257

Re: If I want to time the market

Let me put it more clear. I feel uncomfortable at this market level and I want to take some money off the table. I have achieved my goal of financial Independence. I am more interested in preserving gains than making more gains (at this market level). So if the market does not crash, I'm fine. I ju...
by supernova
Sun May 26, 2019 3:05 pm
Forum: Personal Investments
Topic: i-bonds
Replies: 5
Views: 1589

Re: i-bonds

The fixed rate portion may stay at .5% move up, or go back down (it's been to zero before) no one knows what the fixed rate will do. If you want to roll the dice, but $5K now, and $5K in November. If you think the .5% fixed rate looks attractive, buy $10K now. this link has the ibond fixed rate his...
by supernova
Tue Apr 30, 2019 8:56 pm
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 275
Views: 29942

Re: Biggest Investment Mistake

Two words: Edward Jones
by supernova
Mon Mar 11, 2019 9:44 pm
Forum: Personal Investments
Topic: Best online high yield savings suggestions
Replies: 37
Views: 5977

Re: Best online high yield savings suggestions

I like Marcus by Goldman Sachs. 2.25% right now.
by supernova
Mon Mar 11, 2019 9:41 pm
Forum: Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 168
Views: 21471

Re: "Never time the market" vs. lump sum investment

If you're that worried about it, DCA it in over a few year period. Like $100k a quarter for 3 years (And put the rest in a mix of treasuries and FDIC insured high-yield savings).

Yeah, you'll potentially miss out on gains, but if it helps ease your anxiety, it's worth it.
by supernova
Wed Jan 30, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Solved - Turbo Tax not letting me use Form 1116 (Foreign Tax credit)
Replies: 9
Views: 920

Re: Turbo Tax not letting me use Form 1116 (Foreign Tax credit)

Update: I went through foreign tax paid again, and selected none of the options. I went through it and selected it was all from a mutual fund. Then, I went back and selected what I was selecting originally. This time, it worked fine. I guess I had to outsmart Turbotax Had the same issue, thanks for...
by supernova
Wed Jan 30, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Solved - Turbo Tax not letting me use Form 1116 (Foreign Tax credit)
Replies: 9
Views: 920

Re: Turbo Tax not letting me use Form 1116 (Foreign Tax credit)

Update:

I went through foreign tax paid again, and selected none of the options. I went through it and selected it was all from a mutual fund. Then, I went back and selected what I was selecting originally.

This time, it worked fine. I guess I had to outsmart Turbotax
by supernova
Wed Jan 30, 2019 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Solved - Turbo Tax not letting me use Form 1116 (Foreign Tax credit)
Replies: 9
Views: 920

Re: Turbo Tax not letting me use Form 1116 (Foreign Tax credit)

The TurboTax interview allows you to pick whether you want to file the form or not. Once you pick it, it then prompts for the necessary information. If you didn't do the interview and simply filled in forms, then it's likely you missed something. This is for the download/CD version, I have no exper...
by supernova
Wed Jan 30, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Solved - Turbo Tax not letting me use Form 1116 (Foreign Tax credit)
Replies: 9
Views: 920

Solved - Turbo Tax not letting me use Form 1116 (Foreign Tax credit)

I elected to use Form 1116 for my foreign tax credit. When I go to file, it says there is an error: Foreign Tax Sch A box or Form 1116 copy should be entered. It is not letting me use Form 1116 and I have to select Sch A instead, which results in a $200 smaller refund. Anyone know how to resolve thi...
by supernova
Wed Jan 30, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax cannot import Vanguard 1099
Replies: 39
Views: 3445

Re: TurboTax cannot import Vanguard 1099

I had the same problem. When you import for a brokerage account, you need to type in "Vanguard" instead of using the Vanguard icon. There's two types of Vanguard imports, brokerage vs mutual fund account, and the default is mutual fund account. But most Vanguard mutual fund accounts were c...
by supernova
Thu Jan 17, 2019 11:20 pm
Forum: Personal Investments
Topic: Very short term cash - where to put it
Replies: 13
Views: 2726

Re: Very short term cash - where to put it

Treasuries from Treasury Direct. You can build a 4-week T Bill ladder or just do a 13 week one. No state tax and yield is, right now, 2.4-2.45%
by supernova
Sun Dec 23, 2018 10:42 pm
Forum: Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 49
Views: 5908

Re: anybody sell I Bonds to buy something else?

Well I'm debating whether to sell my $10k in 0% i-bonds and then buy new 0.5% i-bonds. My $10k just fell off the 5-year penalty period. I haven't decided. I'd take the earnings and transfer to my money market - obviously not a huge amount of earnings, but something. I sold my 0% real ones to buy th...
by supernova
Sat Dec 22, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: TLH for VTIAX - 21K Loss [Tax Loss Harvesting for Vanguard Total Int'l]
Replies: 15
Views: 1301

Re: TLH for VTIAX - 21K Loss

Does the 12/21/18 VTIAX dividend count as a replacement purchase within 30 days before and after a sale? It's not a "replacement" in whole, but might be in a tiny fractional part. I missed the boat selling before the dividend distribution but want to capture $10K in losses to offset non-r...
by supernova
Thu Dec 20, 2018 8:17 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2444

Re: Edward Jones CDs

Why not just use Vanguard or Fidelity?
by supernova
Sat Nov 10, 2018 8:49 pm
Forum: Personal Investments
Topic: Is it a waste keeping money in a money market account?
Replies: 33
Views: 8940

Re: Is it a waste keeping money in a money market account?

I Bonds (savings bonds) are another good option. You match inflation, plus right now you get a real rate of 0.5%. Plus it's tax-deferred interest
by supernova
Fri Aug 24, 2018 11:00 pm
Forum: Personal Investments
Topic: Fidelity index funds
Replies: 17
Views: 4123

Re: Fidelity index funds

radiowave wrote: Fri Aug 24, 2018 10:31 pm I'd probably also recommend Vanguard or Schwab. What specifically leads you to Fidelity?
Why not Fidelity? They're a solid choice. They also have a better web interface (in my opinion) and real good customer service
by supernova
Thu Aug 02, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 98656

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

Total Stock Market/Total Intl is old news. Total World is where it's at, and for all my preference for MFs over ETFs, VT is hard to beat for maintenance-free stock holding (Admiral shares would be nice though). 0.1% is well within the range of tracking error and is not worth further attempts to opt...
by supernova
Thu Aug 02, 2018 10:23 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 98656

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

My issue with the international version of it is that, according to the prospectus, it doesn't include small caps. I'd prefer to pay 0.06% more to include small-caps. As for the US stock market version, it's 0.015% versus 0%. Not a huge difference unless you have a lot in it. $1.50 per every $10k in...
by supernova
Sat Jun 30, 2018 7:27 pm
Forum: Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 11526

Re: What’s your plan for a market downturn?

I plan to keep doing what I do. Put money in when I have the money available and re-balance twice a year. If the market is low when I re-balance, then great, because I am buying cheap stocks. If not, then also great, because I am locking in some gains. Trying to time the market is a fool's errand. E...
by supernova
Sun Feb 25, 2018 3:31 pm
Forum: Personal Investments
Topic: Low-cost Financial Advisor options for parents
Replies: 18
Views: 1487

Re: Low-cost Financial Advisor options for parents

NumeroUno wrote: Anyways, they have all of their money in low-interest guaranteed accounts, right now. My mom is pretty freaked out by the high valuations of the stock market. It sounds like your parents don't have any money in the stock market. Please confirm. If they don't, why are they worried a...
by supernova
Sun Feb 18, 2018 11:00 pm
Forum: Personal Investments
Topic: Fidelity 401k / brokerage link / tutorial or guide
Replies: 6
Views: 770

Re: Fidelity 401k / brokerage link / tutorial or guide

No problem. There might be a minimum amount of money, too. I think my 401k program has a $2500 minimum.
by supernova
Sun Feb 18, 2018 10:43 pm
Forum: Personal Investments
Topic: Fidelity 401k / brokerage link / tutorial or guide
Replies: 6
Views: 770

Re: Fidelity 401k / brokerage link / tutorial or guide

If you have your brokeragelink account set up, you treat it like a regular brokerage account. You can transfer money in from your 401k contributions by allocating a percentage.

Then, you can buy a stock like regular through that account
by supernova
Fri Feb 16, 2018 2:56 pm
Forum: Personal Investments
Topic: cybertheft from brokerage and retirement accounts after Equifax identity theft
Replies: 23
Views: 3720

Re: cybertheft from brokerage and retirement accounts after Equifax identity theft

I bought Zander last year, and then realize that it's pretty much worthless if they won't cover my brokerage accounts
by supernova
Fri Dec 22, 2017 7:05 pm
Forum: Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 16977

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

I am 34 and am also 70/30. It's easy to think you need more stocks when the market is high, but it won't always be high. No, I don't know when it'll go down, but nor does anyone else.
by supernova
Fri Dec 22, 2017 7:03 pm
Forum: Personal Investments
Topic: Sell taxable while in 0% capital gains bracket (to help cost basis)?
Replies: 16
Views: 1899

Re: Sell taxable while in 0% capital gains bracket (to help cost basis)?

Yup, that is called tax gain harvesting. It's a good idea.
by supernova
Thu Dec 21, 2017 11:52 am
Forum: Personal Investments
Topic: Dave Ramsey Style Vanguard Portfolio?
Replies: 51
Views: 18513

Re: Dave Ramsey Style Vanguard Portfolio?

today (12-20-17) Dave had a big rant against index funds. He and his investor pros showed how 50% of the mutual fund beat the S&P 500. He forgot or ignored fees (1%-2.5%). After fees you will not beat the passive investing in the S&P or Total Stock market fund. read what Taylor has to say K...
by supernova
Wed Dec 20, 2017 10:19 pm
Forum: Personal Investments
Topic: Dave Ramsey Style Vanguard Portfolio?
Replies: 51
Views: 18513

Re: Dave Ramsey Style Vanguard Portfolio?

While Dave Ramsey's budgeting advice and "get out of debt now" advice are amazing, his investment advice is not so amazing. He once mentioned the a mutual fund that he was in, and it happened to be an American Fund fund with a 5.75% load fee. Go with what people like Jack Bogle and Warren ...
by supernova
Sat Dec 09, 2017 7:41 pm
Forum: Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 41
Views: 4216

Re: If you use EE Bonds, what did drive your decision

Inflation is one risk. Another related risk is rising interest rates. The 3.5% rate seems attractive now. However, how would you feel if rates rise to 5% or 6% after 10 or 12 years? You would have the choice of cashing out at 0.1%, or staying another 8 to 10 years to get the 3.5% which would be way...
by supernova
Thu Oct 26, 2017 7:50 pm
Forum: Personal Investments
Topic: Advice on what to do, vanguard or America Funds, roth or traditional
Replies: 9
Views: 1021

Re: Advice on what to do, vanguard or America Funds, roth or traditional

Thanks for the advice guys, as with all of my research on this it seems to be an overwhelming consensus to move to vanguard. Have any of you done this transfer to vanguard before? Is it difficult, any fees involved? I actually got in touch with that financial advisor with America Funds and he recom...
by supernova
Sun Jul 02, 2017 4:00 pm
Forum: Personal Investments
Topic: What accounts to buy bonds in
Replies: 6
Views: 1004

Re: What accounts to buy bonds in

Bonds in taxable aren't the end of the world. Muni bonds aren't too bad
by supernova
Sun Jul 02, 2017 3:59 pm
Forum: Personal Investments
Topic: Bond Fund vs. Bonds - Short Term Treasuries
Replies: 5
Views: 771

Re: Bond Fund vs. Bonds - Short Term Treasuries

You can do better with a CD from an online bank. Synchrony has a 2 year CD at 1.65%, Barclay's at 1.6%.

There's even better rates in other banks at depositaccounts.com
by supernova
Sat Mar 25, 2017 12:39 pm
Forum: Personal Investments
Topic: Advisor suggested this - Good idea?
Replies: 41
Views: 3911

Re: Advisor suggested this - Good idea?

Thank you, let me do a back-test on this 15:85 vs CD for last 2 yrs but I know backtesting means nothing what would happen in next 2 yrs but still a datapoint ? I don't think the advice was all that bad. Probably bit aggressive for your time frame, but 85% Cali muni bonds could be smart if you are ...
by supernova
Sat Mar 25, 2017 12:30 pm
Forum: Personal Investments
Topic: Advisor suggested this - Good idea?
Replies: 41
Views: 3911

Re: Advisor suggested this - Good idea?

I don't think the advice was all that bad. Probably bit aggressive for your time frame, but 85% Cali muni bonds could be smart if you are in a high tax bracket (and live in Cali, of course). And 15% stocks isn't exactly a huge risk. I think a CD would probably be smartest, but taxes could eat away a...
by supernova
Sun Mar 19, 2017 10:28 am
Forum: Personal Investments
Topic: Keep Financial Advisor or move to 3 Fund Portfolio?
Replies: 48
Views: 5864

Re: Keep Financial Advisor or move to 3 Fund Portfolio?

I had the same situation. I realized something was amiss when my 401k (where I picked the funds) outperformed what my FA (Edward Jones, of course) picked over a long period. I realized that if I, who knew nothing about the market, could crush him in fund selection, why am I using him? And then I rea...
by supernova
Sun Mar 19, 2017 10:22 am
Forum: Personal Investments
Topic: facing unexpected capital gains - tax loss harvesting options...
Replies: 52
Views: 4102

Re: facing unexpected capital gains - tax loss harvesting options...

Seems silly to want to lose in an investment to just avoid taxes. You are getting the amount in cash, just set 45% of that aside to pay the tax and enjoy the other 55% of it.
by supernova
Sat Mar 04, 2017 8:10 pm
Forum: Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 22018

Re: Possibly Financially Independent and Feeling Miserable

If my calculations (and those of most every financial calculator I've visited) are correct, $3 million can sustain a $60K withdrawal rate for at least 50 years. $60K coming out of $2.56 million is a 2.34% withdrawal rate, which should, I think, work for 50 years. And 60K coming out of $1.8 million ...
by supernova
Sun Feb 26, 2017 12:58 pm
Forum: Personal Investments
Topic: schwab lowering ER's
Replies: 27
Views: 4079

Re: schwab lowering ER's

am wrote:Does any other brokerage or bank offer free worldwide ATM use? Maybe fidelity?
I think that Fidelity cash management does, although I could be wrong about that
by supernova
Sun Feb 26, 2017 12:55 pm
Forum: Personal Investments
Topic: Is this a wash sale?
Replies: 6
Views: 821

Re: Is this a wash sale?

It's not. You sold the whole lot, and thus have no "equal" securities in your possession
by supernova
Sun Jan 15, 2017 1:44 pm
Forum: Personal Investments
Topic: Suggestions for Low Duration Bond Fund
Replies: 20
Views: 2534

Re: Suggestions for Low Duration Bond Fund

I use VSCSX (Vanguard short term corporate bond index) for the third-tier of my EF.

http://www.morningstar.com/funds/xnas/vscsx/quote.html

It's 2.28% yield, 2.75 year duration, so probably a bit longer than you'd like, but I think it's a fair trade off
by supernova
Sun Dec 25, 2016 2:11 pm
Forum: Personal Investments
Topic: Vanguard Index vs American Funds?
Replies: 45
Views: 27239

Re: Vanguard Index vs American Funds?

dickenjb wrote:
goose837 wrote:... my investment adviser recommended the actively managed funds from American Funds.
Of course he did. He gets paid to put you into those funds.
You read my mind
by supernova
Sat Sep 10, 2016 5:20 pm
Forum: Personal Investments
Topic: Vanguard at Fidelity - one time purchase
Replies: 11
Views: 1905

Re: Vanguard at Fidelity - one time purchase

Just buy the Fidelity Freedom Index 2015 and save yourself the $75
by supernova
Fri Jul 15, 2016 12:50 pm
Forum: Personal Investments
Topic: Vanguard and Fidelity must really dislike each other [Bond fund question]
Replies: 21
Views: 4118

Re: Vanguard and Fidelity must really dislike each other [Bond fund question]

Use the self-directed option and FSITX (Fidelity US Bond Index Premium). It's essentially the same thing as Vanguard Total Bond. Any difference will be negligible and way outweighed by the $75 fee
by supernova
Wed Jul 13, 2016 6:30 pm
Forum: Personal Investments
Topic: Pull out of market?
Replies: 56
Views: 9297

Re: Pull out of market?

Before you try to time the market, check this link: http://qz.com/487013/this-game-will-sho ... right-now/
by supernova
Wed Jul 06, 2016 10:08 pm
Forum: Personal Investments
Topic: How to find a similar Fund without a Load?
Replies: 10
Views: 1476

Re: How to find a similar Fund without a Load?

401ks frequently waive the load fees, so these two funds are not awful for a 401k. Without the load, they aren't terrible. A lower cost fund, like Vanguard's, is likely to beat it, but you could do worse. With the load fees not waived, I would pass on these 10 times out of 10. If you want these for ...
by supernova
Fri Jul 01, 2016 3:29 pm
Forum: Personal Investments
Topic: VG vs. Fido - The Grass Is Not Always Greener (or Is It?)
Replies: 69
Views: 15597

Re: VG vs. Fido - The Grass Is Not Always Greener (or Is It?)

I use both. Fidelity and VG use different indexes for their Total Stock and Total International indexes, so I keep my IRAs at Fidelity and my taxable with Vanguard. This allows easier TLH without worrying about a wash sale. Fidelity has all the index funds you need for a three-fund portfolio with si...
by supernova
Tue Jun 28, 2016 8:43 pm
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 91
Views: 29655

Re: Switching to Fidelity's new Total International Index (includes small cap!)

It looks like it has a 0.12% ER. I am switching my Brokeragelink to use that instead of FSGDX (Global ex-US). Thank you, harikaried!