Search found 260 matches

by jayhawkerbeef
Mon Oct 14, 2019 1:40 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 974
Views: 76985

Re: My trend following strategy and experience

My strategy was just a simple 3mo dual momentum trading month end price, hate seeing/experiencing how terribly I’ve lagged the S&P over the last 4 years since I started. Know that’s not long enough to follow any strategy. However, I did best the S&p in 2018, -1% to -4.5%. But like you I know I will...
by jayhawkerbeef
Mon Oct 14, 2019 11:37 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 974
Views: 76985

Re: My trend following strategy and experience

My strategy was just a simple 3mo dual momentum trading month end price, hate seeing/experiencing how terribly I’ve lagged the S&P over the last 4 years since I started. Know that’s not long enough to follow any strategy. However, I did best the S&p in 2018, -1% to -4.5%. But like you I know I will ...
by jayhawkerbeef
Tue Oct 08, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 974
Views: 76985

Re: My trend following strategy and experience

Sorry if it’s mentioned prior, is this methodology being used in a taxable account? I’ve experimented with some timing strategies in this space, but the tax hit always concerns me.
by jayhawkerbeef
Mon Aug 26, 2019 2:51 pm
Forum: Personal Investments
Topic: 401k to Roth Conversion
Replies: 13
Views: 772

Re: 401k to Roth Conversion

Thanks everyone for the responses.

retiredjg - Going to do just that, and roll it into the current employer’s plan for now. Seems a lot simpler. Then later, will look into the Solo 401k, when I go back to being self employed.
by jayhawkerbeef
Mon Aug 26, 2019 11:42 am
Forum: Personal Investments
Topic: 401k to Roth Conversion
Replies: 13
Views: 772

Re: 401k to Roth Conversion

Correction, anon_investor. It appears I can change the amount of the in plan conversion. Can't change if doing a roll over outside of the plan (all of nothing). Also, the tax payment on any amount converted in plan would have to made outside the account, below are the disclaimers provided. 1.The val...
by jayhawkerbeef
Mon Aug 26, 2019 10:33 am
Forum: Personal Investments
Topic: 401k to Roth Conversion
Replies: 13
Views: 772

Re: 401k to Roth Conversion

if there any mechanism for you to only convert some of those 401k funds to Roth? -Are you allowed to rollover only some of that 401k money to Roth? -Are you allowed to do an in plan Roth conversion? 1. Have to rollover the entire amount. 2. Yes. I was clicking through the various options, and it ap...
by jayhawkerbeef
Mon Aug 26, 2019 10:17 am
Forum: Personal Investments
Topic: 401k to Roth Conversion
Replies: 13
Views: 772

401k to Roth Conversion

Have a 401k sitting at a previous employer and thinking of taking the tax hit now to convert it to a Roth. I don’t plan to ever stop working. That said, I actually did take half this year off and will probably end up in the 24% tax bracket, but if I did the conversion it would bump me to the 35% tax...
by jayhawkerbeef
Mon Aug 05, 2019 3:53 pm
Forum: Investing - Theory, News & General
Topic: What are the effects of the recent Feds Rate Cut?
Replies: 28
Views: 4025

Re: What are the effects of the recent Feds Rate Cut?

FYI - Message just received....

“Starting 08/06/2019, your Online Savings Account will earn 1.90% Annual Percentage Yield (APY) on all balance tiers.

Your APY is more than 20x the national average — so you can rest assured that your money is working hard in your savings.”
by jayhawkerbeef
Sat Jul 20, 2019 6:52 am
Forum: Personal Investments
Topic: Stable Value vs. VMFXX
Replies: 13
Views: 1210

Re: Stable Value vs. VMFXX

Yeah I should have mentioned, like sergeant, I've used the SV fund to supplement my fixed income when its return was preferable to the only bond fund available. So my holding period was lengthy during the interest rate increases. I'll most likely do the move, I dislike the old employers plan even mo...
by jayhawkerbeef
Fri Jul 19, 2019 2:48 pm
Forum: Personal Investments
Topic: Stable Value vs. VMFXX
Replies: 13
Views: 1210

Stable Value vs. VMFXX

Hello. I have two 401k accounts (old/new employer) that I'm wanting to consolidate. The funds overall are very similar, however one has a stable value fund (old employer) and the new employer has VMFXX (Vanguard Federal Money Market Fund). I do hold cash from time to time, and I'm hesitant rolling o...
by jayhawkerbeef
Fri Mar 22, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Funeral Home as Pension Beneficiary
Replies: 7
Views: 494

Re: Funeral Home as Pension Beneficiary

fposte wrote:
Fri Mar 22, 2019 10:09 am
No reason to do it; lots of reasons to change it. I still wonder if a funeral home was pushing this approach at some point.
Agree. Thanks
by jayhawkerbeef
Fri Mar 22, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Funeral Home as Pension Beneficiary
Replies: 7
Views: 494

Re: Funeral Home as Pension Beneficiary

This is a public retirement system and yes it does have beneficiaries, including a payment at death, which can be changed. This is for my father, which was setup a long time ago, and he can't recall why he put the funeral home as the primary. He wants that changed, just wanted to know if anyone ever...
by jayhawkerbeef
Fri Mar 22, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Funeral Home as Pension Beneficiary
Replies: 7
Views: 494

Funeral Home as Pension Beneficiary

What are the benefits of having a funeral home as the primary beneficiary for a pension? Not planning on having a ceremony, plot has already been bought and paid. Guess there will still be costs for the casket, preparing the body, etc. Would rather the beneficiary be a family member.
by jayhawkerbeef
Fri Sep 21, 2018 2:54 pm
Forum: Personal Investments
Topic: One thing I dislike about TDFs
Replies: 20
Views: 1112

Re: One thing I dislike about TDFs

White Coat Investor wrote:
Fri Sep 21, 2018 2:22 pm
If you know enough to complain about what is in a target date fund, you don't belong in a target date fund.
This
by jayhawkerbeef
Fri Sep 21, 2018 2:45 pm
Forum: Personal Investments
Topic: Timing vs planning -- what would you do?
Replies: 8
Views: 738

Re: Timing vs planning -- what would you do?

Agree with KlangFool. If by trying the timing model, it can be hard to execute as when it’s hitting the fan your emotions can run wild.
by jayhawkerbeef
Fri Sep 21, 2018 2:28 pm
Forum: Personal Investments
Topic: Investing my first million
Replies: 46
Views: 8161

Re: Investing my first million

Congrats. Fist off shop around, also suggest giving Vanguard portfolio advisory solutions a call for free consultation, if you’re looking for the hands off approach. Second, don’t feel you have to do anything right away. Third, you can do this yourself. Remember that as I’m certain with the size of ...
by jayhawkerbeef
Fri Sep 21, 2018 2:21 pm
Forum: Personal Investments
Topic: First time Asset Allocation - thoughts and feedback appreciated
Replies: 4
Views: 485

Re: First time Asset Allocation - thoughts and feedback appreciated

I’m in the three fund camp now, took a while getting there after slicing and dicing seemed to complicate. There is a wiki covering this.

Only my opinion. Other more intelligent folks here will be able to give you better ideas, I’m sure.
by jayhawkerbeef
Fri Sep 21, 2018 2:18 pm
Forum: Personal Investments
Topic: treating all of investments as one asset allocation pool
Replies: 14
Views: 1726

Re: treating all of investments as one asset allocation pool

I’m non-boglehead on this. Believe it was Rick Ferri, could be wrong, had a comment about this too. Just do a search. However, I repeat the same allocation in each account pre-tax. Taxable all stock and only what I’m willing to risk above emergency fund. This suits me, which is most important to me.
by jayhawkerbeef
Fri Sep 21, 2018 2:13 pm
Forum: Personal Investments
Topic: Retirement investing help...please
Replies: 7
Views: 588

Re: Retirement investing help...please

Similar situation. Only all cash. The SSI and pension monthly are break even pretty much with living expenses. My fear, probably looking at nursing home sooner or later. Can’t risk it.
by jayhawkerbeef
Fri Sep 21, 2018 2:10 pm
Forum: Personal Investments
Topic: One thing I dislike about TDFs
Replies: 20
Views: 1112

Re: One thing I dislike about TDFs

Don’t peak.
by jayhawkerbeef
Thu Sep 13, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 686

Re: How to Choose Between Jobs - Independent Contractor vs Consulting Firm

Finally had a talk with the recruiter and they will not do sub contract or consult by availability. Recruiter went on explaining there is so much work to be done, but couldn’t let me know my first engagement, and chuckled at my proposal to understand where I’m headed post orientation. Also took a ja...
by jayhawkerbeef
Mon Sep 10, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 686

Re: How to Choose Between Jobs - Independent Contractor vs Consulting Firm

simas - that part, especially over the control for type of projects and commute, has caused me a lot of hesitation. Thanks for the feedback.
by jayhawkerbeef
Mon Sep 10, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 686

Re: How to Choose Between Jobs - Independent Contractor vs Consulting Firm

Elysium - my thoughts exactly. I was a junior at a consulting firm before, and this exact thing happened, the firm failed to diversify their offerings until it was too late. Luckily I had already left, but several peers were not as fortunate and it was during rough economic conditions. Also, great i...
by jayhawkerbeef
Mon Sep 10, 2018 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 686

Re: How to Choose Between Jobs - Indendent Contractor vs Consulting Firm

[/quote] I'm puzzled: What are the advantages for you if you make this change? It sounds like you are doing very well and are quite happy currently. Are you concerned you'll lose the current client? Something else? Also, why the rush from them, if they don't even know where they'd put you, and have ...
by jayhawkerbeef
Mon Sep 10, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 686

Re: How to Choose Between Jobs - Indendent Contractor vs Consulting Firm

Why are you even considering the consulting firm? There doesn't seem to be a single advantage to moving. Probably due to after 20 years in industry being an employee is all I’m used to and feels comfortable. Never imagined being in business for myself. Initially was convinced I’d be more successful...
by jayhawkerbeef
Mon Sep 10, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 686

How to Choose Between Jobs - Independent Contractor vs Consulting Firm

Been working on my own as an independent contractor LLC and just received an offer to work for a large consulting firm. This really came out of nowhere, just spoke to a friend that worked at the firm about what I do, the friend shared my info with some patners, then three interviews, and didn’t expe...
by jayhawkerbeef
Thu Aug 02, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 32
Views: 2669

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

The below link might be helpful at least directionally to see the comparison of 1099 vs w2 impact on income. It’s probably not completely comprehensive.

https://www.viewthenumbers.com/w2-vs-1099
by jayhawkerbeef
Tue Jul 31, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 32
Views: 2669

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

All good points. Again, in my case since the rates are essentially equal, w2 vs 1099, then w2 has the advantage. My attempt to gross up the rate for 1099 wasn’t allowed. Plus I’m in the mortgage process, which w2 is superior there for income validation. This is also in technology and always the like...
by jayhawkerbeef
Tue Jul 31, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 32
Views: 2669

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

The IRS has rules for determining whether you are an employee or a contractor (and potential penalties if the wrong one is chosen): https://www.irs.gov/newsroom/understanding-employee-vs-contractor-designation Yes, that part frightens me the most. Found a matrix online that assists with the proper ...
by jayhawkerbeef
Tue Jul 31, 2018 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 32
Views: 2669

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

Does being able to contribute to a retirement plan (i.e. solo 401k) give 1099 any advantage? Guess I hope to land a permanent role, just not sure how long that’ll take.
by jayhawkerbeef
Mon Jul 30, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 32
Views: 2669

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

Sorry for resurrecting an old thread, but have an opportunity for a role and they are giving to the option of W2 vs 1099. Although they are really recommending 1099, even though the rate was quoted as W2. I happen to have an LLC for some old side gig stuff and happened to mention it, which was when ...
by jayhawkerbeef
Wed Jan 03, 2018 1:56 pm
Forum: Personal Investments
Topic: Experience with Merrill Edge?
Replies: 21
Views: 3607

Re: Experience with Merrill Edge?

Moved to ME last year, took advantage of a bonus offer (which was paid on time), plus at their highest rewards level tier for cashback. Never been more impressed.
by jayhawkerbeef
Sun Nov 19, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Which BoA Credit Card to use?
Replies: 24
Views: 2698

Re: Which BoA Credit Card to use?

My understanding of the new Premium Rewards card is that you get the increased base rewards rate of the Travel Rewards card (i.e. 2.625% at platinum honors), but that you can redeem the rewards for cash back, not just travel. The Cash Rewards (for groceries/gas/costco) and the Premium Rewards (for ...
by jayhawkerbeef
Thu May 25, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1 Day Transfer
Replies: 40
Views: 9611

Re: Ally 1 Day Transfer

I have had an Ally savings account for several years and noticed in January that my transfers were speeded up and completed in a day. I also have an Ally checking account which I opened more recently. I did an ACH transfer from the checking account to my local bank a few weeks ago, and it took 3 da...
by jayhawkerbeef
Wed May 24, 2017 2:01 pm
Forum: Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 823

Re: Portfolio Help for Dad

^very true.
by jayhawkerbeef
Wed May 24, 2017 1:24 pm
Forum: Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 823

Re: Portfolio Help for Dad

No plans for the money. He would like to take a trip somewhere he says and eat at Chili's every day if he could haha. With his health being up and down and living with me currently it will probably be his last stop prior to assisted living/nursing home, which is why I'm wanting to stay pretty conser...
by jayhawkerbeef
Wed May 24, 2017 12:47 pm
Forum: Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 823

Re: Portfolio Help for Dad

Take a look at Paul Merriman's Mutual Fund Recommendations for Vanguard . He gives very specific advice. In matter of fact, the Conservative portfolio for Taxable accounts is exactly the breakdown you're looking for: Good point. I follow the Merriman style for my own investing only the Trev H versi...
by jayhawkerbeef
Wed May 24, 2017 12:43 pm
Forum: Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 823

Re: Portfolio Help for Dad

This fund is closed to new investors and it's 30/70. Vanguard Target Retirement 2010 Fund (VTENX) https://personal.vanguard.com/us/funds/snapshot?FundId=0681&FundIntExt=INT#tab=2 I' guess I'll mimic it with holding the individual funds and rebalance when I do my rebalancing, or go with the 2015 fund...
by jayhawkerbeef
Wed May 24, 2017 12:07 pm
Forum: Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 823

Portfolio Help for Dad

Reviewed several posts regarding investing for a elderly parent but haven't found one that fits this situation and below are his stats. Has mid six figures all in cash in a high yield savings. Emergency funds: 6 Months expenses Debt: $0 Tax Filing Status: Single/Widowed Occupation: Retired Lowest ta...
by jayhawkerbeef
Thu May 18, 2017 1:59 pm
Forum: Personal Investments
Topic: Vangaurd ETF Live NAV?
Replies: 17
Views: 1130

Re: Vangaurd ETF Live NAV?

triceratop wrote:Pssst: One is charged an outgoing transfer fee from BoA checking to other checking accounts
I've never been charged a fee for this.
by jayhawkerbeef
Thu Apr 27, 2017 5:40 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1970
Views: 327842

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

michaeljc70 wrote:He was inquiring about my goals, etc., and said he had a few questions (most likely would I transfer more assets).
There must a universal script these guys use because that was his line, practically verbatim.
by jayhawkerbeef
Wed Apr 26, 2017 6:52 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1970
Views: 327842

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Also, for those that have commented about receiving calls from Merrill Edge advisors, well I finally got one today. Coincidentally, I should almost be at the 90 days. I just respectfully declined his help and asked if there is a do not call list be sure I'm on it haha. And when I asked him if he was...
by jayhawkerbeef
Wed Apr 19, 2017 5:23 pm
Forum: Personal Investments
Topic: individual 401k to traditional ira question
Replies: 7
Views: 960

Re: individual 401k to traditional ira question

Are you an active current employee? If yes, then any contributions from your current employer plan can't be rolled out of the plan until you leave, get fired, etc. Now if you transferred money from a rollover IRA into your current plan and now want to roll it out of the plan, that's possible. Be min...
by jayhawkerbeef
Wed Apr 19, 2017 5:20 pm
Forum: Personal Investments
Topic: Timing Assets Within Your Portfolio
Replies: 14
Views: 1899

Re: Timing Assets Withing Your Portfolio

You came to the wrong forum for assistance with timing. My opinion though, try it with a small portion of your portfolio.
by jayhawkerbeef
Thu Apr 13, 2017 12:43 pm
Forum: Personal Investments
Topic: Moving to a Lazy portfolio : Should I wait for a market correction?
Replies: 16
Views: 2780

Re: Moving to a Lazy portfolio : Should I wait for a market correction?

You can search in the upper right for threads covering holding too much cash and when to invest. Just wanted to congratulate you on leaving the advisor, which is a huge step in and of itself. That said, relax, take your time, study and you'll get excellent advice here.
by jayhawkerbeef
Wed Apr 12, 2017 12:10 pm
Forum: Personal Investments
Topic: absolute amount or % to trigger a TLH
Replies: 12
Views: 1445

Re: absolute amount or % to trigger a TLH

kingsnake wrote:Would one just dump these 2 funds for 31 days into a money market then reinvest them in the same :?: thanks
Vote yes...and I usually TLH anything with a loss of $500 or greater.
by jayhawkerbeef
Wed Apr 12, 2017 9:34 am
Forum: Personal Investments
Topic: Efficient?
Replies: 5
Views: 862

Re: Efficient?

Might get a few more responses by at least including the fund names. Yes it's efficient, and as the other poster stated I lean towards holding international in taxable whenever possible. I use tax software that produces the form 1116.
by jayhawkerbeef
Tue Apr 11, 2017 1:24 pm
Forum: Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2353

Re: Should I just invest in one Mutual Fund

I am in a similar situation. I was doubting maxing out my employer sponsored 401(k) and wanted to invest more to a taxable account to have access to it before I'm 60 years old. Actually I sort of fell into having more in taxable than in my 401k since I was paying down some serious student loans. Al...
by jayhawkerbeef
Tue Apr 11, 2017 1:24 pm
Forum: Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2353

Re: Should I just invest in one Mutual Fund

I am in a similar situation. I was doubting maxing out my employer sponsored 401(k) and wanted to invest more to a taxable account to have access to it before I'm 60 years old. Actually I sort of fell into having more in taxable than in my 401k since I was paying down some serious student loans. Al...