Search found 140 matches

by Cruz
Sat Oct 12, 2019 10:42 pm
Forum: Personal Investments
Topic: Where to Move Money From Taxable Account For Potential Use in ~5 Years
Replies: 14
Views: 2474

Re: Where to Move Money From Taxable Account For Potential Use in ~5 Years

At 29 I was also saving for my first down payment. I kept the money in 100% stocks and just figured I'd buy the house at a fortuitous time, since I didn't have a particularly fixed timeline. I sold 100% of my taxable portfolio and used it all for a house down payment in 2017. I didn't sell the stoc...
by Cruz
Tue Sep 24, 2019 8:36 pm
Forum: Personal Investments
Topic: Where to Move Money From Taxable Account For Potential Use in ~5 Years
Replies: 14
Views: 2474

Re: Where to Move Money From Taxable Account For Potential Use in ~5 Years

Ambition89 wrote:
Mon Sep 23, 2019 10:40 pm
Wouldn’t it make sense to DCA in reverse and sell a certain amount each week?
I suppose so, never heard of that approach...
by Cruz
Mon Sep 23, 2019 10:28 pm
Forum: Personal Investments
Topic: Where to Move Money From Taxable Account For Potential Use in ~5 Years
Replies: 14
Views: 2474

Re: Where to Move Money From Taxable Account For Potential Use in ~5 Years

So it seems like the best two options to deposit the money from selling my taxable shares are either VMMXX in taxable or my CapOne savings account, both are around 2% interest right now. The money will be used for a downpayment for a house, I know neither where or how much yet so that clouds the sit...
by Cruz
Thu Sep 19, 2019 8:43 pm
Forum: Personal Investments
Topic: Where to Move Money From Taxable Account For Potential Use in ~5 Years
Replies: 14
Views: 2474

Re: Where to Move Money From Taxable Account For Potential Use in ~5 Years

With interest rates leveling out and potentially decreasing, would buying IBonds, which lock in a minimum rate make sense? With current interest rates, it seems something like a Money Market account would work, but I worry those rates will drop soon.
by Cruz
Wed Sep 18, 2019 9:40 pm
Forum: Personal Investments
Topic: Where to Move Money From Taxable Account For Potential Use in ~5 Years
Replies: 14
Views: 2474

Re: Where to Move Money From Taxable Account For Potential Use in ~5 Years

I am thinking that a downpayment for a house may be in the foreseeable future (~5 years hopefully). I currently have a taxable account where I've been saving for such an expense, but now that time horizon is relatively close where should I be holding that money? I was thinking of moving it to somet...
by Cruz
Tue Sep 17, 2019 9:34 pm
Forum: Personal Investments
Topic: Where to Move Money From Taxable Account For Potential Use in ~5 Years
Replies: 14
Views: 2474

Where to Move Money From Taxable Account For Potential Use in ~5 Years

Age: 29 Debt: None Tax Filing Status: Single Tax rate: 22%, could be lower depending on how much I contribute to 401k and lower taxable income Emergency Fund: 6mo in Capital One MM @ 2.00% State: MA Current portfolio: Roth IRA (with Vanguard): Vanguard Intermediate-Term Bond Index Fund Admiral Share...
by Cruz
Thu Aug 08, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Should college student major in environmental science?
Replies: 50
Views: 3274

Re: Should college student major in environmental science?

I'm of similar age to your acquiatance and majored in environmental studies as an undergrad and also have a masters in biology. I have been able to find jobs that I think pay well for the field. Environmental science/studies is generally very interdisciplinary and can set someone up well for a wide ...
by Cruz
Mon Aug 05, 2019 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4141
Views: 796555

Re: What's Your Credit Card Rewards Strategy?

How does redeeming AMEX Blue Cash for travel expenses work? I have the card but always exchange for statement credit... This is what works best for us. We could do without the United but my spouse wanted the points. We may switch this one back and forth with a southwest card. We have had some long l...
by Cruz
Sun Jun 16, 2019 2:15 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

Thanks for your insight, I always appreciate reading your posts! No foreseeable pension, so Traditional seems like the best contribution option. I did talk to the third-party advisor/consulting service and they said that it is likely more bond funds will be added to the 401k in the near future. Giv...
by Cruz
Sat Jun 15, 2019 8:53 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

Please simply add any new information to your original post using the edit button (the pencil icon near the upper right corner of your post), it helps a lot if all of your information is In one place. Asset allocation. Age: 29 . . . . . My asset allocation is currently 80/20 Giant Cap: 45.03% Large...
by Cruz
Fri Jun 14, 2019 10:17 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

Exchanged emails today with the president of the company I am paid by and it seems they shockingly know very little about 401Ks and think they, along with HSAs are scams...luckily all this company does is pay me and I don't actually interact with them. Moral of the story it seems there is nothing to...
by Cruz
Thu Jun 13, 2019 4:14 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

Gosh, that is new information and bad news! You have just listed 0.62% as fees for your 401k plan, not including the plan funds’ own expense ratios. With this new information, there is no way I would contribute to a Roth 401k within the plan. I would still hold my nose and contribute the $10k per y...
by Cruz
Tue Jun 11, 2019 2:04 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

With a $65k salary, I think you should be doing a 50:50 between Roth 401k and traditional 401k. Here is how I arrived at that conclusion. Top of 12% bracket for a single = $39875, say $40k in round numbers Initial salary = $65k - $3k for medical insurance premiums (finger in the air estimate) - $12...
by Cruz
Thu Jun 06, 2019 7:37 am
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

morning bump. Hoping to get a few more responses on my situation of fund selection in my 401k and traditional vs Roth. I was thinking about choosing a target date fund with a higher bond percentage and move bonds out of my Roth IRA or could just go with a target date fit my current AA. As far as Rot...
by Cruz
Mon Jun 03, 2019 9:31 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k, help with fund selection

Does choosing the traditional option make the most sense for my 401k in the first place? If I can contribute close to the max I MAY be able to get into the 12% bracket.
by Cruz
Mon Jun 03, 2019 9:37 am
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k and AA check-up...question on fund selection

In the new 401k I would just use the Vanguard 2055 target date fund if that is when you are likely to retire. It has one of the lowest ERs in the funds you listed. For the rest of the retirement money I would just have it mimic the same asset allocation as the 2055 fund using a three or four fund p...
by Cruz
Sun Jun 02, 2019 5:22 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k and AA check-up...question on fund selection

I am new to investing and in my 20s. I have a Vanguard Roth IRA. I was thinking of doing a 3 fund portfolio and thinking of purchasing the Admiral Shares Option. However, right now I do not have the minimum for each fund that I want to purchase. Would it be better to buy a Target Date fund for the ...
by Cruz
Sun Jun 02, 2019 5:13 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k and AA check-up...question on fund selection

So here's some more information about me. 1) I'm a resident physician, so I'm in my low income earning years right now which is why I opted for the Roth 2) I have a 457b available to me through the hospital I work at and have also been maxing that out as well. That is through Fidelity and I'm more ...
by Cruz
Sun Jun 02, 2019 5:12 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

Re: 29 with newly available 401k and AA check-up...question on fund selection

In the new 401k I would just use the Vanguard 2055 target date fund if that is when you are likely to retire. It has one of the lowest ERs in the funds you listed. For the rest of the retirement money I would just have it mimic the same asset allocation as the 2055 fund using a three or four fund p...
by Cruz
Sun Jun 02, 2019 2:56 pm
Forum: Personal Investments
Topic: 29 with newly available 401k, help with fund selection
Replies: 26
Views: 1836

29 with newly available 401k, help with fund selection

Age: 29 Debt: None Tax Filing Status: Single Tax rate: 22%, could be lower depending on how much I contribute to 401k and lower taxable income Emergency Fund: 6mo in Capital One MM @ 2.00% State: MA Current situation: I recently changed jobs and have a 401k available to me through Fidelity. My avera...
by Cruz
Fri Apr 19, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: State Tax Question Concerning 401k to Roth IRA Rollover
Replies: 7
Views: 525

Re: State Tax Question Concerning 401k to Roth IRA Rollover

The rollover will be taxed by the state of residency at the time you rolled it over. Is it the actual day/month you do the rollover or where your residency was when you file taxes? It's the date of the rollover. Part-year resident tax forms always ask you to separate income earned while a resident ...
by Cruz
Fri Apr 19, 2019 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: State Tax Question Concerning 401k to Roth IRA Rollover
Replies: 7
Views: 525

Re: State Tax Question Concerning 401k to Roth IRA Rollover

Not sure I understand the question. A rollover is taxable income to the state in which you were domiciled at the time you did the rollover. If you did the rollover in February, then what was your state of residency in February? I am also not sure you have determined your correct state tax status ov...
by Cruz
Fri Apr 19, 2019 7:32 am
Forum: Personal Finance (Not Investing)
Topic: State Tax Question Concerning 401k to Roth IRA Rollover
Replies: 7
Views: 525

Re: State Tax Question Concerning 401k to Roth IRA Rollover

Katietsu wrote:
Wed Apr 17, 2019 9:35 am
The rollover will be taxed by the state of residency at the time you rolled it over.
Is it the actual day/month you do the rollover or where your residency was when you file taxes?
by Cruz
Wed Apr 17, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: State Tax Question Concerning 401k to Roth IRA Rollover
Replies: 7
Views: 525

Re: State Tax Question Concerning 401k to Roth IRA Rollover

I rolled it over in January 2018 when I was still in school in Virginia (prior to moving to DC for the fellowship) but still considered an Alaska resident, so should I have paid AK state tax (there is no income tax there)?
by Cruz
Wed Apr 17, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: State Tax Question Concerning 401k to Roth IRA Rollover
Replies: 7
Views: 525

State Tax Question Concerning 401k to Roth IRA Rollover

My question requires a bit of a backstory so here goes. I worked in Alaska (lived there as a resident) and had a 401k through work. I moved to Virginia for grad school in 2016 but kept my Alaska residency (license, voting...etc) as I was not going to stay in Virginia beyond school. In 2017 I started...
by Cruz
Wed Apr 03, 2019 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard consolidated 1099-DIV does not match the individual statements
Replies: 8
Views: 1022

Re: Vanguard consolidated 1099-DIV does not match the individual statements

For what it is worth, I called Vanguard tonight to ask about the consolidated form from my taxable account since I received a Consolidated Form and a 1099-Div and Foreign Tax Paid Form. The rep said to enter both the Consolidated Form and the 1099-Div and Foreign Tax Paid form when my account was pr...
by Cruz
Tue Apr 02, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 5326

Re: Vanguard Tax 2018 Forms Now Online

For what it is worth, I called Vanguard tonight to ask about the consolidated form from my taxable account since I received a Consolidated Form and a 1099-Div and Foreign Tax Paid Form. The rep said to enter both the Consolidated Form and the 1099-Div and Foreign Tax Paid form when my account was pr...
by Cruz
Wed Mar 06, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Which Used Car to Buy???
Replies: 6
Views: 1125

Re: Which Used Car to Buy???

Would you buy one with a CVT or manual transmission? Both of these cars have the self destructing CVT which has no repair procedure aside from replacement. Junkyard units tend to go for under $1000, if you're a do it yourselfer. Dealer replacement with new is $8k. They also are subject to the exces...
by Cruz
Tue Mar 05, 2019 5:43 pm
Forum: Personal Consumer Issues
Topic: Which Used Car to Buy???
Replies: 6
Views: 1125

Which Used Car to Buy???

I am in the market for used car for use in New England and currently have the option between a 2014 Subaru Impreza Sport Premium with 59K miles and a 100K mile warranty for ~$12K (haven't run a Car Fax but I would expect it to be clean, it was bought certified pre-owned) or a 2015 Subaru Crosstrek P...
by Cruz
Thu Feb 28, 2019 10:57 am
Forum: Personal Investments
Topic: Which vanguard fund for my extra savings?
Replies: 14
Views: 1928

Re: Which vanguard fund for my extra savings?

I've never actually invested in a taxable account before. It looks like I need to research more the tax implications of different investments with this vehicle. How can Vanguard display the after-tax returns of certain funds -- aren't tax rates dependent on the individual? Obviously I'm not knowled...
by Cruz
Mon Feb 11, 2019 2:28 am
Forum: Personal Investments
Topic: Vanguard Roth IRA advice
Replies: 17
Views: 1574

Re: Vanguard Roth IRA advice

If I already filed my 2018 tax return, should I contribute to the 2018 IRA? Yes, and while you are at it, start recording how every penny gets into Roth IRA by year. Don't worry about earnings, just what you put in. Right now that will only be direct contributions. Later, it may include other thing...
by Cruz
Mon Feb 04, 2019 1:29 pm
Forum: Personal Consumer Issues
Topic: Traveling to the Yucatan, some logistics questions
Replies: 11
Views: 707

Traveling to the Yucatan, some logistics questions

My girlfriend and I are going on vacation to the Yucatan Peninsula in a couple weeks and have a few things to wrap up and looking for advice. We will be traveling to Chichén-Itzá and Tulum and will have a rental car. Does anyone have any advice on rental cars in Mexico and what level of insurance to...
by Cruz
Thu Jan 10, 2019 1:46 pm
Forum: Personal Investments
Topic: Recharacterizing Roth IRA after Rollover?
Replies: 2
Views: 173

Re: Recharacterizing Roth IRA after Rollover?

With the new tax law you can longer reverse a Roth Conversion. There is nothing you can do at this point. I converted a nice chunk in Dec 2017, then in 2018 in a couple of transactions in Oct and Nov, and just did my 2019 conversion this week. I don't look back and wonder why the market did what it...
by Cruz
Thu Jan 10, 2019 1:00 pm
Forum: Personal Investments
Topic: Recharacterizing Roth IRA after Rollover?
Replies: 2
Views: 173

Recharacterizing Roth IRA after Rollover?

This may be unrealistic but...I unfortunately rolled over my 401k and converted it to a Roth IRA this time last year when markets were at their peak and have subsequently lost money. I'm only in Vanguard Total International Stock Index Fund Admiral Shares and Vanguard Total Stock Market Index Fund A...
by Cruz
Thu Jan 10, 2019 10:52 am
Forum: Personal Investments
Topic: Help choosing funds for girlfriends 401k
Replies: 10
Views: 753

Re: Help choosing funds for girlfriends 401k

It might be good for her to just contribute enough to get the employer match until she has a reasonable emergency fund. My concern is that is she has some big expense she could end up with expensive credit card debt which is a hard hole to dig yourself out of. In addition to her student loans she m...
by Cruz
Wed Jan 09, 2019 10:46 pm
Forum: Personal Investments
Topic: Help choosing funds for girlfriends 401k
Replies: 10
Views: 753

Re: Help choosing funds for girlfriends 401k

Thanks for the reply! She's interested in it, but not trying to flood her with info. Here are the funds available in her 401k: https://drive.google.com/uc?export=download&id=1XbpIm2uNY98CY4pnqR4Skh_PloZQSYlu https://drive.google.com/uc?export=download&id=1kHhEXhJv5JUmALRuUgj51rI0x7b2XBcV https://dri...
by Cruz
Wed Jan 09, 2019 5:58 pm
Forum: Personal Investments
Topic: Help choosing funds for girlfriends 401k
Replies: 10
Views: 753

Help choosing funds for girlfriends 401k

My girlfriend has a 401k available to her for the first time and has chosen to contribute 9% of her salary, her employer has a 4% match. The 401k is managed through John Hancock. Until last year she did not invest, but now is contributing to a traditional 401k and a Roth IRA. Due to student loans an...
by Cruz
Mon Nov 26, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 94
Views: 7678

Re: Is good, quality luggage worth the price?

linenfort wrote:
Mon Nov 26, 2018 5:07 pm
I never had a Briggs & Riley piece, but I finally gave in to those incessant Away luggage ads and got a midsize roller for when I can't fit everything into my backpack. It's fantastic.
care to elaborate on your Away luggage experience? Did you get the medium or bigger carry-on?
by Cruz
Sun Nov 25, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 94
Views: 7678

Is good, quality luggage worth the price?

I've previously been using a duffel bag for travel (domestic), though practical I have decided to purchase a rolling carry-on as I am doing more travel for work. I have seen a few threads about luggage but more so are about recommendations about actual brands. I'm pretty set on either the https://ww...
by Cruz
Fri Sep 14, 2018 8:09 am
Forum: Personal Consumer Issues
Topic: Credit card question - get Uber's new 4%er?
Replies: 60
Views: 9750

Re: Credit card question - get Uber's new 4%er?

You may get 4.5% return on the CSR; however, you have to pay an annual fee of $450, plus another $75 for each authorized user, vs. $0 annual fee for a 4% restaurant return via the Uber Card. It is really $150 per year unless you don’t have $300 in travel-related charges per year you can put on the ...
by Cruz
Sun Sep 09, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: Travel credit cards
Replies: 28
Views: 3344

Re: Travel credit cards

The chase "trifecta" signs intriguing...but are travel rewards as good as or equal to straight cash back for someone who travels infrequently?

https://www.nerdwallet.com/blog/credit- ... rds-study/
by Cruz
Sun Sep 09, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Travel credit cards
Replies: 28
Views: 3344

Re: Travel credit cards

how much does one need to travel or purchase in general for the Chase sapphire (reserved or preferred) card to be of value? I was thinking of getting the Amex blue cash preferred for gas/groceries and possibly the Citi Double Cash (2% on everything), and thus would probably only use the Chase sapphi...
by Cruz
Sat Jan 20, 2018 10:44 am
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: Rebalancing...please critique

Do you expect your income to significantly increase in the coming years (i.e. into the 24%+ bracket)? Do you expect a sizable pension ($30K+/yr)? Even with an income of $46K, you will be in the 12% tax bracket and can rebalance in taxable with no tax on gains (up to a point). Why don't you sell sto...
by Cruz
Sat Jan 20, 2018 8:11 am
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: Rebalancing...please critique

Your proposed allocations seem like good choices. I'd personally stick with 80/20, but if you can sleep well at night with 85/15 then go for it. When you have access to a 401k or other tax deferred space, consider moving your bond allocation there and leave the Roth solely invested in equities. And...
by Cruz
Fri Jan 19, 2018 11:45 pm
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: Rebalancing...please critique

Please allow time for members to reply to your post. If no one answers, wait at least a day or two before bumping the thread again. As for your question - We often recommend asset allocations in 5% increments. Going from 80/20 to 85/15 does not appear to be a large change for you. However, I'm conc...
by Cruz
Thu Jan 18, 2018 8:55 am
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: Rebalancing...please critique

Edited with new information.
by Cruz
Tue Jan 16, 2018 8:32 pm
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: 401k rolled-over and converted, now what? AA help

One last evening bump...
by Cruz
Tue Jan 16, 2018 8:50 am
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: 401k rolled-over and converted, now what? AA help

Edited to fix allocation mistake of International fund
by Cruz
Mon Jan 15, 2018 9:47 pm
Forum: Personal Investments
Topic: Rebalancing...please critique
Replies: 13
Views: 1525

Re: 401k rolled-over and converted, now what? AA help

Evening bump