Search found 33780 matches

by retiredjg
Sat Oct 20, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me simplify my Portfolio
Replies: 14
Views: 1536

Re: Please help me simplify my Portfolio

Some employers only match the pre-tax, so you might be missing out on some employer money. (Near the end of the year, you can probably convert some pre-tax to Roth.) I'm wondering why you think this. It is a common misconception, but you are not prone to doing that. As far as I know, the employer h...
by retiredjg
Sat Oct 20, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me simplify my Portfolio
Replies: 14
Views: 1536

Re: Please help me simplify my Portfolio

To further complicate matters, there's an employee After-tax contribution which i have not contributed to this year but i appears i did contribute around $5100 last year. The provider calls it...Roth 401k. http://i63.tinypic.com/16hulqg.png Does it make any sense? I believe i'm within income limits...
by retiredjg
Sat Oct 20, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Question Regarding Five Year Rule for Roth IRA Withdrawals (Alan S. Please Help!)
Replies: 22
Views: 1937

Re: Question Regarding Five Year Rule for Roth IRA Withdrawals (Alan S. Please Help!)

This Roth 401k to Roth IRA subject is very confusing to me so I have printed out a few things from Alan S over the years. It came in handy today and I learned something! I was on the verge of saying that the whole rollover would be available and it appears that is not correct. As for contribution vs...
by retiredjg
Sat Oct 20, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Question Regarding Five Year Rule for Roth IRA Withdrawals (Alan S. Please Help!)
Replies: 22
Views: 1937

Re: Question Regarding Five Year Rule for Roth IRA Withdrawals (Alan S. Please Help!)

From Alan S. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=248580&p=3911107#p3911107 "When a Roth 401k balance is rolled into a Roth IRA, the new balance in the Roth IRA shifts to Roth IRA accounting. A Roth IRA distribution then follows the Roth IRA ordering rules you are probably familiar w...
by retiredjg
Sat Oct 20, 2018 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Evaluation of Portfolio
Replies: 3
Views: 413

Re: Evaluation of Portfolio

To me, having losses in bonds continue allowing that to offset capital gains from stock sales isn't a good strategy. When we went into the bond fund 3 years ago I didn't anticipate this type of dropoff. Maybe changing to a shorter duration fund? Oh. You are considering changing the bond fund to CDs...
by retiredjg
Fri Oct 19, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: Avoiding Wash Sale: FSTVX -> ITOT
Replies: 4
Views: 468

Re: Avoiding Wash Sale: FSTVX -> ITOT

The answer is pretty much unknown because the IRS has never given any guidelines on how close things must be to be considered "substantially identical". Some people believe that a fund following a different index, especially when offered by a different company, is not substantially identical. Some p...
by retiredjg
Fri Oct 19, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Too Much APPL Stock
Replies: 25
Views: 2544

Re: Too Much APPL Stock

The death knell for Sears was at least a couple of decades ago. Apple is a long way from any death knell at the moment. I agree, but would people who owned a bucket full of Sears have known when to sell? I suspect not. People who sold probably sold at a loss and people who held on now have penny st...
by retiredjg
Fri Oct 19, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 27
Views: 1362

Re: Finally ready to start investing in RothIRA (23yrs old)

I forgot to ask when investing in a taxable account would one invest differently? I know you mentioned investing in ETF's and making sure to be tax efficient (it might help that I am at one of the lowest taxes brackets I will ever be) , but are there any other considerations I should look at compar...
by retiredjg
Fri Oct 19, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Help simplify my portfolio
Replies: 12
Views: 1125

Re: Help simplify my portfolio

scutu, in another thread, you are struggling with your bond selection. It would be helpful if you would list the funds available in your 401k and your 457. We need the name, ticker if any exists, and the expense ratio that is specific to your plan. You can add this information to the original post ...
by retiredjg
Fri Oct 19, 2018 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Investment mix advice
Replies: 4
Views: 358

Re: Investment mix advice

I agree that a balanced fund like LIfeStrategy Growth is not the best choice for a taxable account for most people. This is because of the bonds which throw off taxable dividends and the fact that you cannot sell stocks without selling bonds and vice versa. Better to use a combination of Total Stock...
by retiredjg
Thu Oct 18, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding and transferring positions
Replies: 23
Views: 1248

Re: Unwinding and transferring positions

Good point - I need to start looking at the portfolio as ONE.... Yes. ...and the light finally clicked on when I realized those monthly bond fund interest payments are all taxable. If the bonds are held in a taxable account, that is true. If you ever do hold bonds in taxable, they probably need to ...
by retiredjg
Thu Oct 18, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Mechanics
Replies: 23
Views: 2755

Re: Mega Backdoor Roth Mechanics

Understand I can put the earnings in a traditional Roth, but I use my traditional IRA to put money into for the purpose of a backdoor Roth. That would limit me from being able to do that due to taxes I would pay on the earnings that are in there from my mega-backdoor right? Or could I just open ano...
by retiredjg
Thu Oct 18, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Mega Backdoor Roth Mechanics
Replies: 23
Views: 2755

Re: Mega Backdoor Roth Mechanics

Question on this process - I have already maxed my roth IRA contributions this year with 5500. I then did my first megaroth rollover later and rolled the small amount of earnings my after tax contributions had made into a traditional IRA. However, having already maxed my roth IRA contributions, wil...
by retiredjg
Thu Oct 18, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: Too Much APPL Stock
Replies: 25
Views: 2544

Re: Too Much APPL Stock

No such thing as too much AAPL For how long though? I'm sure the same was said about GE or Sears at some point. Probably as long as we live in a connected world and the company mentioned sells various devices to "connect" as well as services to boot (iCloud, iTunes, ApplePay, AppleCare). That seems...
by retiredjg
Thu Oct 18, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding and transferring positions
Replies: 23
Views: 1248

Re: Unwinding and transferring positions

BND is the ETF version of Vanguard's Total Bond Market index fund. As such it does not have Investor shares or Admiral shares. It should have the same expense ratio as the Admiral share class of the Total Bond mutual fund. Total Bond already contains corporate bonds. I don't know the ratio, but I'm ...
by retiredjg
Thu Oct 18, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: [Help with Market-linked CD]
Replies: 3
Views: 184

Re: [Help with Market-linked CD]

I'm not a big fan of mixed products. I understand what a CD is and I understand what the 500 index is and mixing the two sounds wrong to me.

Linking a CD to the 500 index seems to me like a gimmick to provide income for the financial industry, not the customer.
by retiredjg
Thu Oct 18, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Too Much APPL Stock
Replies: 25
Views: 2544

Re: Too Much APPL Stock

Watty wrote:
Thu Oct 18, 2018 8:29 am
Duffydog1 wrote:
Thu Oct 18, 2018 8:19 am
It is held in taxable and nontaxable accounts so i have to be careful about the taxable accounts.
Selling it in the nontaxable accounts is an easy choice. Putting the money from the sale into something like a total stock market index fund could make sense.
This makes sense to me too.
by retiredjg
Thu Oct 18, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Help simplify my portfolio
Replies: 12
Views: 1125

Re: Help simplify my portfolio

scutu, in another thread, you are struggling with your bond selection. It would be helpful if you would list the funds available in your 401k and your 457. We need the name, ticker if any exists, and the expense ratio that is specific to your plan. You can add this information to the original post u...
by retiredjg
Thu Oct 18, 2018 6:23 am
Forum: Investing - Help with Personal Investments
Topic: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??
Replies: 15
Views: 1936

Re: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??

I'm just saying my 401k doesn't have it as an option and my 457 only has corporate bonds now that I look. I thought it had Vanguard Total Bond but it doesn't. Where did you get the idea you need that specific fund? Where did you get the idea you should avoid corporates? I think you have somehow got...
by retiredjg
Thu Oct 18, 2018 6:18 am
Forum: Investing - Help with Personal Investments
Topic: would you buy bonds or corporate bonds now?
Replies: 19
Views: 1719

Re: would you buy bonds or corporate bonds now?

I'm not even aware of a vocal minority against corporate bonds, much less a majority. Even Jack Bogle suggested a few years ago to buy more corporates because the total bond market didn't have enough corporates any more. There are some individuals for and against just about everything. lulukanth , m...
by retiredjg
Wed Oct 17, 2018 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??
Replies: 15
Views: 1936

Re: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??

Are you saying that your tax-deferred accounts (both of them together) are not large enough to hold your bond allocation?
by retiredjg
Wed Oct 17, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal IRA contributions
Replies: 4
Views: 448

Re: Spousal IRA contributions

Agree with Duckie. Spouse B can make $0 a year and still contribute $5,500 based on joint salary. More if Spouse B is over 50 or older.
by retiredjg
Wed Oct 17, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion - getting conflicting info about taxes
Replies: 7
Views: 610

Re: Roth conversion - getting conflicting info about taxes

It appears the second rep was thinking about a conversion where there is some basis (already taxed money) in the IRA.

As already said a few times, if your IRA is purely untaxed money, you only pay tax on the amount you convert. You can leave the rest in the IRA to convert to Roth another year.
by retiredjg
Wed Oct 17, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluation of Portfolio
Replies: 3
Views: 413

Re: Evaluation of Portfolio

I think I must be missing something. The portfolio has too much in stocks and too little in bonds. The only solution is to sell something on the stock side. Do this for living expenses and do more if needed to get back close to the target of 60% bonds. I gather the retiree does not wish to sell the ...
by retiredjg
Wed Oct 17, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple Backdoor Roth Conversions each year for same tax year
Replies: 8
Views: 330

Re: Multiple Backdoor Roth Conversions each year for same tax year

But yes, you can do multiple contributions and conversions - there will only be one 1099 form for each person unless you are using more than one custodian for a person's IRAs.
by retiredjg
Wed Oct 17, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Multiple Backdoor Roth Conversions each year for same tax year
Replies: 8
Views: 330

Re: Multiple Backdoor Roth Conversions each year for same tax year

Many thanks everyone! Given I have until April 2019 to contribute for 2018, I'll just try and save up the full $11,000 and then do both at once. If you do that, you'll be splitting the paperwork. This is not a terrible burden, but it must be done right. A contribution is recorded with the taxes of ...
by retiredjg
Wed Oct 17, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: would you buy bonds or corporate bonds now?
Replies: 19
Views: 1719

Re: would you buy bonds or corporate bonds now?

The best place to hold bonds is in your work plan if you have one. What do you have available?
by retiredjg
Wed Oct 17, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Any benefit to a 403b with a 1.25% wrap fee vs a Taxable with zero Fees
Replies: 10
Views: 524

Re: Any benefit to a 403b with a 1.25% wrap fee vs a Taxable with zero Fees

I would not expect a 1.25% wrap fee for a 457b account. Are you absolutely sure?

Is the 457 a state plan? If not, educators can often use a state plan. See if you can. Might take some work on your part.
by retiredjg
Wed Oct 17, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 27
Views: 1362

Re: Finally ready to start investing in RothIRA (23yrs old)

It is unclear, but it appears your money is at Schwab and you are thinking of buying Vanguard funds. Don't do that. You can buy a Schwab Target INDEX fund and get everything you need in one fund with the money you have there right now. There is no need to do anything else. Be sure you find the Index...
by retiredjg
Wed Oct 17, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: Too Much APPL Stock
Replies: 25
Views: 2544

Re: Too Much APPL Stock

I think 12% might be a little too much but it is not a disaster waiting to happen this week. If you have other individual stocks, you might need to trim them all. I think 5% to 10% is more than enough. It is hard to imagine Apple ever failing, but Sears failed this week and that would have been comp...
by retiredjg
Wed Oct 17, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??
Replies: 15
Views: 1936

Re: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??

Much appreciated. No option to buy either in my tax-deferreds, so I'll stick with tax exempt in my taxable.Thanks to all! I think you might be mistaken about this. You have a 401k and a 457b. Each should have at least one bond fund option, maybe several choices. Yes, maybe you can't buy that exact ...
by retiredjg
Wed Oct 17, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??
Replies: 15
Views: 1936

Re: Why not pick Vanguard Intermediate-Term Tax Exempt Fund??

The allure of "tax free income" is strong. But unless you are in a high tax bracket, you can actually make less money even considering that there were no taxes to pay! If you can, hold your bonds in a tax-deferred account and pay taxes when you withdraw the money. If you need to hold bonds in a taxa...
by retiredjg
Wed Oct 17, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Exceeding Income Limit for Roth IRA Mid-Year?
Replies: 10
Views: 757

Re: Exceeding Income Limit for Roth IRA Mid-Year?

Your Rollover IRA might be rolled into your current 401k. Ask them. If you can get it into your 401k, you could use the back door. Her SIMPLE IRA is definitely in the way and she should not use the back door. But that does not affect you. The money intended for Her Roth can be invested in a taxable ...
by retiredjg
Wed Oct 17, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Help simplify my portfolio
Replies: 12
Views: 1125

Re: Help simplify my portfolio

Can you explain a "wash sale"? See the Wiki for a better response. Here's the short version. If you hold XXX in taxable and sell it at a loss, you expect to take that loss off your taxes. If you also hold XXX in an IRA or another taxable account you cannot buy any of it within 30 days (or is it 31?...
by retiredjg
Wed Oct 17, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Investment mix advice
Replies: 4
Views: 358

Re: Investment mix advice

Welcome to the forum. Asking about your taxable account is not going to get you very good answers if people do not know what is in the other accounts. You will likely get more reliable answers if you post your question in the format we use to help people with their portfolios. See the link below for...
by retiredjg
Wed Oct 17, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: What to do with variable annuity at retirement age?
Replies: 8
Views: 500

Re: What to do with variable annuity at retirement age?

What type of account is the variable annuity in?
by retiredjg
Wed Oct 17, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: help with asset location
Replies: 4
Views: 480

Re: help with asset location

1. Was keep all of the bond etf/funds in the IRA Would your entire bond allocation fit in the IRA? If yes, that is what I would do. 2. Was keep a mix of 50% Equity ETF and 50% bonds I can see that having some bonds and some stocks in each account can add some flexibility, but doing it 50/50 is not ...
by retiredjg
Wed Oct 17, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Exceeding Income Limit for Roth IRA Mid-Year?
Replies: 10
Views: 757

Re: Exceeding Income Limit for Roth IRA Mid-Year?

Is there anything that can or should be done now or just wait and deal with this when I file for my 2018 taxes? You have two choices and either of them is easier to do now than later. 1) Withdraw (get a return of ) the contribution so that it is like it never happened. This MUST be done through the...
by retiredjg
Wed Oct 17, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Am I hitting the important asset classes?
Replies: 9
Views: 931

Re: Am I hitting the important asset classes?

Desired Asset allocation: Uhh, stocks? This question is asking what you want your stock to bond ratio to be. This ratio determines most of the risk of your portfolio. It is the first and most fundamental decision to make about your portfolio. Until you make this decision, you can't do anything othe...
by retiredjg
Tue Oct 16, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2714

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

The amount of pleasure I derive from getting lost in a fantasy about winning is worth way more than $20 to me. I probably spend $50 a month on average on lottery tickets, most often after a bad day at work. Ha ha! I guess the main reason I don't buy these tickets is because I DO NOT WANT TO WIN! I ...
by retiredjg
Tue Oct 16, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2714

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

I do't think jackpots are an investment. But $20 for entertainment once in awhile doesn't seem alike a problem to me.
by retiredjg
Tue Oct 16, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard changing my Admiral shares to Investor Shares
Replies: 26
Views: 4537

Re: Vanguard changing my Admiral shares to Investor Shares

Wellington Investor shares are .25%. Wellington Admiral shares are .17% plus .3% for PAS (in other words....0.47%).

You are saving money! Or you could add some to the balance and get the lower ER.
by retiredjg
Tue Oct 16, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation to California
Replies: 49
Views: 4116

Re: Relocation to California

My wife recently met her biological family who lives in the San Fernando Valley. In order for her to be closer to them and get to know them, we are thinking of relocating from Dallas to that area of California in about a year. My wife works from home so she would easily be able to make such a move....
by retiredjg
Tue Oct 16, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring $1.2 Mil taxable to Vanguard
Replies: 10
Views: 1518

Re: Transferring $1.2 Mil taxable to Vanguard

- Given most of my funds can transfer in kind to Vanguard, should i just do that before year-end 2018 and then figure out when to sell based on cost basis so that I can begin to move this money into an all-index portfolio? I want to get out of the 1% advisor fee for 2019. Since you have the large ca...
by retiredjg
Tue Oct 16, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: de-balling down comforter?
Replies: 7
Views: 583

Re: de-balling down comforter?

I would rinse it (final rinse cycle) and use tennis balls or wool dryer balls or the plastic dryer balls. Or even clean tennis shoes will work (been there and done that it and it was fine). I suspect the clean tennis shoes work best because they are much heavier than tennis balls and the rubber in t...
by retiredjg
Tue Oct 16, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Does Lifestrategy make sense in Roth IRA's
Replies: 26
Views: 3088

Re: Does Lifestrategy make sense in Roth IRA's

It would depend on many things - mostly which fund you put in taxable and your tax brackets. A person in a very high tax bracket would be paying unnecessary taxes at their top rate for the dividends the bonds in such an account would produce. A person in a lower tax bracket, not so much. But you onl...
by retiredjg
Tue Oct 16, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Help simplify my portfolio
Replies: 12
Views: 1125

Re: Help simplify my portfolio

You have about 1/3rd of your assets in "crowdfunding". We don't talk about that a lot around here. How does it work? Do you expect to make money on that or is this your way of being generous? A target fund is not a good choice for a brokerage account - the bonds in it are not tax-efficient (cause yo...
by retiredjg
Tue Oct 16, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: HELP with 457b Account
Replies: 11
Views: 548

Re: HELP with 457b Account

OK. I get it now. If that is the correct ER (inside your plan) for the LifeStrategy Growth fund , it does seem like a fund to use. I would move everything except the Fixed Income account into the LS Growth fund. Sell the amount of Fixed that you can sell now and do that again in February. That may g...
by retiredjg
Mon Oct 15, 2018 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: HELP with 457b Account
Replies: 11
Views: 548

Re: HELP with 457b Account

I also see I have the Vanguard LifeStrategy Growth Fund (ER .14%) available. Do you think that might be the best and cheapest option available? I guess this would be an easy option and wouldn't have to do any rebalancing. Obviously it will take me several years to clear out the fixed account fund a...
by retiredjg
Mon Oct 15, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Relocation to California
Replies: 49
Views: 4116

Re: Relocation to California

I suggest you put the move off for another year and visit a lot during the first 18 months to get a feel for where to live, what things costs, if you can find a job, etc. It would be wonderful if this all works out for you, but there's a lot of things that could make your life miserable if you make ...