Search found 83 matches

by SJCX
Thu Mar 26, 2020 4:35 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 9264

Re: What is your AA, given your age ? and this crisis ?

Age 48

100% stocks(small % in Vanguard high yield corporate bond index)

Will get two pensions(wife) and two SS

Save/invest way above my spending
by SJCX
Sun Oct 06, 2019 7:21 am
Forum: Investing - Theory, News & General
Topic: Questions about long term capital gains/dividends
Replies: 8
Views: 980

Re: Questions about long term capital gains/dividends

kaneohe wrote:
Sat Oct 05, 2019 8:41 am
Don't forget the deduction (std deduction or itemized) lowers your taxable income and tax brackets are based on taxable income,
not total income. That gets you another 24K+ in space.
Oh wow, didn't even consider that angle. Thanks
by SJCX
Sat Oct 05, 2019 8:23 am
Forum: Investing - Theory, News & General
Topic: Questions about long term capital gains/dividends
Replies: 8
Views: 980

Re: Questions about long term capital gains/dividends

Yes, capital gains count toward total income. After that first 3858 your gains will start to be taxed. Thanks After using the google machine more I thought that was the answer. It looks like everything over the $3858.00 will be taxed at 15% and my total income of $74,892 will stay in the 22% tax ra...
by SJCX
Sat Oct 05, 2019 8:11 am
Forum: Investing - Theory, News & General
Topic: Questions about long term capital gains/dividends
Replies: 8
Views: 980

Questions about long term capital gains/dividends

Me and my wife are both federal employees and are estimated to receive pensions + FERs Supplement that will be a combined $74,892 a year. I know that the long term capital gains tax rate for married filing jointly is 0% for $78,750 or less. Does this mean I can only take 3858.00 in dividends to stay...
by SJCX
Sat Jan 13, 2018 7:18 am
Forum: Personal Investments
Topic: [Deleted]
Replies: 98
Views: 19730

Re: REIT or No REIT

Me and my wife max out 401ks and contribute a large amount annually to a taxable account. I put a large portion of our Roth IRA contributions into Vanguard REIT ETF(VNQ). Diversification, passive income and tax free dividends
by SJCX
Sun Nov 26, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 12230

Re: What did you do right?

I started investing in my 401k(TSP) when I first started working and started at 10% and raised it over the years until I was maxing it out before 40.

I also avoided debt trouble before completely eliminating all debt before 40
by SJCX
Sat Mar 04, 2017 10:16 am
Forum: Personal Investments
Topic: Can you roll a TSP Roth into a Roth IRA?
Replies: 7
Views: 1209

Re: Can you roll a TSP Roth into a Roth IRA?

We're getting close to 50 and I was considering maxing out our catch up contributions in the TSP into and the TSP Roth for the sole purpose of rolling it into our Roth IRAs for greater tax flexibility during withdrawal time. Have you estimated at what rate your Traditional TSP withdrawals will be t...
by SJCX
Fri Mar 03, 2017 6:46 am
Forum: Personal Investments
Topic: Can you roll a TSP Roth into a Roth IRA?
Replies: 7
Views: 1209

Can you roll a TSP Roth into a Roth IRA?

I searched the forums and didn't really see a clear answer. Me and my wife both max our TSPs(traditional). We also max out Roth IRAs with Vanguard. We're getting close to 50 and I was considering maxing out our catch up contributions in the TSP into and the TSP Roth for the sole purpose of rolling i...
by SJCX
Fri Feb 17, 2017 5:01 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388001

Re: Share your net worth progression

I wish I had charted it like others have. I'm currently 45 and estimate I hit 1 mill around age 42, currently 1.4 mill.

I'd like to hit 2 mill by age 50
by SJCX
Sat Dec 31, 2016 7:28 am
Forum: Personal Investments
Topic: Why did dividend yeilds rise so much the 4th quarter?
Replies: 13
Views: 2345

Why did dividend yeilds rise so much the 4th quarter?

I have ETFs with Vanguard, Total stock market(VTI), High dividend yield(VYM) and a REIT(VNQ) and all of them jumped up pretty big from the previous quarters. Especially the REIT. I'm assuming this was across the board. I'm just curious if this is mainly because of the market rally recently, the fact...
by SJCX
Thu Jun 02, 2016 5:34 am
Forum: Personal Investments
Topic: Do i need VNQ??
Replies: 12
Views: 2470

Re: Do i need VNQ??

Since it's taxed at the regular tax(all REITs are) rate I'd recommend putting it in a Roth if you have access to one.

I have about 5% of my portfolio in VNQ in a Roth
by SJCX
Sat Apr 16, 2016 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage insurance claim after selling a house?
Replies: 0
Views: 841

Mortgage insurance claim after selling a house?

I'm selling a house I inherited, the house still has 13k remaining on the mortgage. The owner had mortgage insurance but I'm doing an affidavit of heirship and selling the house very quickly. The problem is I haven't put a claim to get the mortgage paid off yet(slow process). Will the insurance comp...
by SJCX
Sun Mar 27, 2016 10:27 am
Forum: Personal Investments
Topic: index fund diversification and 100% equity
Replies: 19
Views: 2163

Re: index fund diversification and 100% equity

I'm 44 and me and my wife have two TSPs, two Roth IRAs through Vanguard and a joint taxable account. We're debt free. I only buy ETFs. In the taxable account I buy the 70% Total stock market(VTI) and small cap value 30% (VBR) In the two ROTHs I get an ETF REIT(VNQ) and two dividend ETFs(VIG and VYM)...
by SJCX
Fri Mar 18, 2016 9:24 pm
Forum: Personal Investments
Topic: Living off dividend income
Replies: 44
Views: 14940

Re: Living off dividend income

Me and my wife use our Roth IRAs and taxable account(all Vanguard) to buy dividend paying ETFs(VYM, VIG, VNQ) and also have a large portion in the total stock market(VTI). It's not our primary retirement accounts, we both max out our TSPs, but I plan on using the dividends to go along with our pensi...
by SJCX
Tue Mar 15, 2016 4:34 am
Forum: Personal Finance (Not Investing)
Topic: Taxes on the sale on inherited home
Replies: 8
Views: 1075

Re: Taxes on the sale on inherited home

Do this income factor into the income limits for a ROTH?
by SJCX
Mon Mar 14, 2016 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Taxes on the sale on inherited home
Replies: 8
Views: 1075

Taxes on the sale on inherited home

Me and my sister inherited a parents home, we're splitting the profits.

It will sale for around 80k, we'll get 40k a piece. Neither of us lived there.

What will be the taxes be? 15% capitol gains or the regular tax rate for our income?
by SJCX
Mon Feb 22, 2016 6:30 am
Forum: Personal Investments
Topic: Keep emergency cash in Vanguard's Short Term Investment Grade fund?
Replies: 31
Views: 6842

Re: Keep emergency cash in Vanguard's Short Term Investment Grade fund?

One more question.....

Assuming something happened and you had to cash in the entire bond fund what would be the tax consequences from a taxable account?

I can take 50K from a money market account tax free, what about a bond fund?
by SJCX
Sun Feb 21, 2016 6:43 pm
Forum: Personal Investments
Topic: Keep emergency cash in Vanguard's Short Term Investment Grade fund?
Replies: 31
Views: 6842

Re: Keep emergency cash in Vanguard's Short Term Investment Grade fund?

Go to Vanguard Website. Check monthly distribution amount of short term investment grade Divide 50,000 by the current share price of investment grade shares. multiply that number (number of shares) by the monthly distribution amt. That will give you an approximate monthly dividend amt. :happy I act...
by SJCX
Sun Feb 21, 2016 6:05 pm
Forum: Personal Investments
Topic: Keep emergency cash in Vanguard's Short Term Investment Grade fund?
Replies: 31
Views: 6842

Re: Keep emergency cash in Vanguard's Short Term Investment Grade fund?

I have a massive emergency fund(for me) and I'm thinking of doing this but know next to nothing about bonds or bond funds. If I put 50K in Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX) what kind of estimate on monthly dividends could I expect at the current yield? I'm guessing ju...
by SJCX
Thu Feb 18, 2016 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA income limits(tax deferred question?)
Replies: 2
Views: 316

Roth IRA income limits(tax deferred question?)

So the income limits are 183k for married, I believe.

If me and my wife are maxing out our 401ks at 36k combined do the income limits for the Roth include the tax deferred money or not?
by SJCX
Wed Jan 13, 2016 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388001

Re: Share your networth progression

I went into the Army right out of HS 4 years later hired as a federal employee and contributed 10% to the TSP 4 years later wife was hired as a federal employee and we both contributed 15% to the TSP Late 30s paid off house 7 years early and started maxing out two Roth IRAs At 40 both maxed 17500 t...
by SJCX
Wed Jan 13, 2016 7:15 am
Forum: Personal Finance (Not Investing)
Topic: How much to save?
Replies: 55
Views: 12751

Re: How much to save?

In 2015 me and my wife invested 52% of our gross income, this includes a TSP match(5%).
We saved closer to 54% including money we put into a money market account.

This is maxing out two TSPs
Two Roth IRAS with Vanguard
1 joint taxable account through Vanguard.
by SJCX
Sun Oct 25, 2015 5:58 am
Forum: Personal Finance (Not Investing)
Topic: What are your 2 retirement numbers?
Replies: 260
Views: 39208

Re: What are your 2 retirement numbers?

I have no idea.....

Me and my wife are both 44, debt free and invest more annually than we live on and will both get pensions.

We'll likely leave more money than we spend in retirement
by SJCX
Sun Oct 25, 2015 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 34427

Re: Age when you started to max out your retirement accounts?

About 5 years ago for me and my wife(39 at the time). Around the same time I paid off my house and became debt free.

Also invest into a taxable account
by SJCX
Fri Jul 31, 2015 6:20 am
Forum: Personal Investments
Topic: Will rising rates have a correlation with the yield on dividends from stocks?
Replies: 3
Views: 411

Will rising rates have a correlation with the yield on dividends from stocks?

I'm just curious if stocks/funds that pay dividends will go up or down based on the fed raising interest rates? I understand how it will effect bond yield but haven't seen anything connected to stocks. Maybe it has no effect???
by SJCX
Sat Jul 11, 2015 5:35 am
Forum: Personal Finance (Not Investing)
Topic: who do you have your term life insurance with?
Replies: 32
Views: 3992

Re: who do you have your term life insurance with?

500k policy with USAA, it costs about 29.00 a month
by SJCX
Fri Jul 10, 2015 5:36 am
Forum: Personal Finance (Not Investing)
Topic: How much to save?
Replies: 55
Views: 12751

Re: How much to save?

Me and my wife make roughly 150K-160K, we're debt free and invest 70-80k per year including our 401k matches....

Our standard of living is just fine
by SJCX
Sun Jul 05, 2015 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Your retirement goals
Replies: 31
Views: 5005

Re: Your retirement goals

At 59.5 I plan on working/retiring if I want to, not because of any financial restraints. I'd like to start a small business Me and my wife both have pensions and should make more in annual income than we currently do We're both waiting until 70.5 for SS for tax reasons I paid my house off 5 years a...
by SJCX
Wed Jun 03, 2015 4:06 am
Forum: Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 171
Views: 62611

Re: Time to reach 1M and 2M milestones

I just turned 44 and hit 1 mill in total net worth(880k in investable assets) about the same time. Me and my wife max out our 401ks and Roths. We're on pace to invest another 38k this year in a taxable account. I'd like to hit 5 mill by 59.5, don't know how realistic it is, I suppose it's up to the ...
by SJCX
Sat May 30, 2015 6:29 am
Forum: Personal Investments
Topic: No debt. Maxed out retirement and Roth. Help!
Replies: 24
Views: 3171

Re: No debt. Maxed out retirement and Roth. Help!

I would recommend that you stop contributing pre-tax to your 401ks, except to secure the company match, then max out contributions as after tax to your 401ks. (Of course, assuming you have the option of after tax contributions, AND the ability to roll out only the after tax portions. My 401K, which...
by SJCX
Wed May 20, 2015 7:27 pm
Forum: Personal Investments
Topic: What to do with 5M?
Replies: 111
Views: 31050

Re: What to do with 5M?

Great thread
by SJCX
Mon May 18, 2015 5:27 am
Forum: Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 171
Views: 62611

Re: Time to reach 1M and 2M milestones

randomguy wrote:
FinanceGeek wrote:
livesoft wrote:
Contributions also cease to matter.
I'm 44 and when I calculate my estimate with catch up contributions and without the end result is very close to the same. The vast majority of the growth comes from the mid 6 figures I already have in my TSP account.
by SJCX
Mon Apr 13, 2015 6:24 am
Forum: Personal Investments
Topic: Best investment in a Taxable Account ?
Replies: 11
Views: 2486

Re: Best investment in a Taxable Account ?

I put about 70% into Vanguard's VTI total stock market index and the other 30% in VBR, small cap value ETF.
by SJCX
Sun Apr 05, 2015 6:40 am
Forum: Personal Investments
Topic: how often do you check performance?
Replies: 70
Views: 8328

Re: how often do you check performance?

I check all the time when the market is going up and just ignore it when the market is down.

I check my net worth every Sunday because I get a notification from Personal Capitol that tracks it and I'm close to a mile stone

And I check my dividend income every end of quarter
by SJCX
Sun Apr 05, 2015 6:30 am
Forum: Personal Investments
Topic: Does dividend income factor into income limits for a Roth?
Replies: 2
Views: 484

Re: Does dividend income factor into income limits for a Rot

Livesoft you are correct, it's 183k, I googled it
by SJCX
Sun Apr 05, 2015 6:25 am
Forum: Personal Investments
Topic: Does dividend income factor into income limits for a Roth?
Replies: 2
Views: 484

Does dividend income factor into income limits for a Roth?

The income limits for a Roth is 181k if you're married. I have a taxable account that could eventually push me close or over the limit if that counts.

Does dividend income factor into the 181k?
by SJCX
Sun Mar 08, 2015 12:27 pm
Forum: Personal Investments
Topic: Bear Market strategies, if any
Replies: 61
Views: 10212

Re: Bear Market strategies, if any

Large emergency fund so that I can buy more ETFs in my taxable account when the market crashes
by SJCX
Wed Mar 04, 2015 6:33 pm
Forum: Personal Investments
Topic: Vanguard eft portfolios
Replies: 8
Views: 1342

Re: Vanguard eft portfolios

I'm in the TSP but me and my wife have two Roths and a taxable account and only had Vanguard ETFs.
by SJCX
Thu Feb 19, 2015 7:45 am
Forum: Personal Investments
Topic: where to put excess cash
Replies: 18
Views: 4386

Re: where to put excess cash

I'm in the exact same boat but I'm 43 and have no 529 plan. I just put extra cash in a money market account for miscellaneous expenses. My emergency fund is more like 1.5-2 years which I know most would argue is way too big and I'm not getting enough return on that money. But the next time there is ...
by SJCX
Fri Feb 13, 2015 7:56 pm
Forum: Investing - Theory, News & General
Topic: Best financial book I ever read, not Buffet or Bogle but Geo
Replies: 4
Views: 1724

Re: Best financial book I ever read, not Buffet or Bogle but

It's decent but I prefer The Millionaire Next Door or The Wealthy Barber
by SJCX
Fri Feb 13, 2015 7:55 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says you shouldn't own bonds?
Replies: 64
Views: 13005

Re: Dave Ramsey says you shouldn't own bonds?

I heard Ramsey say he has some Vanguard index funds. I'd love to know the % of his money is in the index funds with the low fees.
by SJCX
Sat Feb 07, 2015 8:44 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says you shouldn't own bonds?
Replies: 64
Views: 13005

Re: Dave Ramsey says you shouldn't own bonds?

I'm pretty sure if you contact an "ELP" from his site they will put you in a portfolio that includes bonds I don't personally have bonds but I have a pretty large emergency fund in a money market account and I'm debt free. I'll also get a pension Wouldn't one of the good annuities be better than bon...
by SJCX
Fri Jan 30, 2015 7:49 am
Forum: Investing - Theory, News & General
Topic: Forecasting REIT dividends
Replies: 13
Views: 2352

Re: Forecasting REIT dividends

You can can hold REITs in a ROTH IRA to avoid the tax problems(taxed as ordinary income). I have no idea what the dividends will do long term with VNQ, but I know there will always be properties that earn income and REITs have to pay out 90% of their profit in the form of dividends. I'll keep dollar...
by SJCX
Sun Jan 25, 2015 1:22 pm
Forum: Personal Investments
Topic: Where do you think the stock market heading this year?
Replies: 20
Views: 2200

Re: Where do you think the stock market heading this year?

I haven't given it any thought
by SJCX
Fri Jan 23, 2015 7:37 am
Forum: Personal Investments
Topic: When/how to invest monthly savings into taxable?
Replies: 32
Views: 4513

Re: When/how to invest monthly savings into taxable?

I personally have a certain amount automatically taken out of my checking account monthly, then at the end of each month I manually deposit what I have left over for the month.
by SJCX
Wed Jan 21, 2015 3:48 pm
Forum: Investing - Theory, News & General
Topic: good time to invest in a Reit Index fund?
Replies: 40
Views: 6393

Re: good time to invest in a Reit Index fund?

I dollar cost average into VNQ(Vanguard REIT index fund) in my Roth IRA. I don't follow the prices and ignore the news. I listen to some investing podcast and before 2014 most warned REITs would do terrible in 2014 because interest rates would be going up....ha ha. VNQ made around 30%. I just consid...
by SJCX
Fri Jan 16, 2015 8:55 am
Forum: Investing - Theory, News & General
Topic: What was your costliest investment mistake?
Replies: 162
Views: 36516

Re: What was your costliest investment mistake?

Not maxing out my TSP right away, instead waited until my late 30s. But I did start out with 10% and moved to 20% pretty early.

I also didn't start a Roth IRA until my late 30s.

If I knew then what I know now!