Search found 246 matches

by jayhawkerbeef
Fri Sep 21, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: One thing I dislike about TDFs
Replies: 20
Views: 969

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: Investing - Help with Personal Investments
Topic: Timing vs planning -- what would you do?
Replies: 8
Views: 675

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: Investing - Help with Personal Investments
Topic: Investing my first million
Replies: 46
Views: 7428

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: Investing - Help with Personal Investments
Topic: First time Asset Allocation - thoughts and feedback appreciated
Replies: 4
Views: 452

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: Investing - Help with Personal Investments
Topic: treating all of investments as one asset allocation pool
Replies: 14
Views: 1597

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: Investing - Help with Personal Investments
Topic: Retirement investing help...please
Replies: 7
Views: 508

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
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: 602

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: 602

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: 602

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: 602

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: 602

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: 602

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: 2423

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: 2423

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: 2423

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: 2423

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: 2423

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: Investing - Help with Personal Investments
Topic: Experience with Merrill Edge?
Replies: 20
Views: 2379

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: 2455

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: 8346

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: Investing - Help with Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 739

Re: Portfolio Help for Dad

^very true.
by jayhawkerbeef
Wed May 24, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 739

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: Investing - Help with Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 739

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: Investing - Help with Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 739

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: Investing - Help with Personal Investments
Topic: Portfolio Help for Dad
Replies: 13
Views: 739

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: Investing - Help with Personal Investments
Topic: Vangaurd ETF Live NAV?
Replies: 17
Views: 1013

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: 1338
Views: 225012

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: 1338
Views: 225012

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: Investing - Help with Personal Investments
Topic: individual 401k to traditional ira question
Replies: 7
Views: 871

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: Investing - Help with Personal Investments
Topic: Timing Assets Within Your Portfolio
Replies: 14
Views: 1811

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: Investing - Help with Personal Investments
Topic: Moving to a Lazy portfolio : Should I wait for a market correction?
Replies: 16
Views: 2653

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: Investing - Help with Personal Investments
Topic: absolute amount or % to trigger a TLH
Replies: 12
Views: 1286

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: Investing - Help with Personal Investments
Topic: Efficient?
Replies: 5
Views: 829

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: Investing - Help with Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2136

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: Investing - Help with Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2136

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 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2136

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 have more in taxable than in my 401k since I was paying down some serious student loans. Also...
by jayhawkerbeef
Tue Apr 11, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2136

Re: Should I just invest in one Mutual Fund

Also, investing in one fund is challenging unless that fund is offered in the all types of accounts, as in Klangfool's post if you're doing 401k, Roth, Taxable, etc...but most likely similar funds are available. Hypothetically, for example, I don't have a Total US fund available in 401k, but I have ...
by jayhawkerbeef
Tue Apr 11, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2136

Re: Should I just invest in one Mutual Fund

Then one fund would seem diversified enough for you. See the link below by Jim Collins - also pretty good information in the comments section. Hope it helps.

http://jlcollinsnh.com/2014/06/10/stock ... llocation/
by jayhawkerbeef
Tue Apr 11, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Should I just invest in one Mutual Fund
Replies: 25
Views: 2136

Re: Should I just invest in one Mutual Fund

^depends on the investment goal and your ability to handle the volatility.
by jayhawkerbeef
Tue Apr 11, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer (a friend)
Replies: 25
Views: 3133

Re: Advice for first time homebuyer (a friend)

with low rates, payments are more manageable. This tends to inflate asset prices though. The purchase price can't be refi'd - if buying with a higher rate and then refinancing if the rate drops; that makes the payments lower and manageable. The consistent theme I see is having the 20% down, everyth...
by jayhawkerbeef
Tue Apr 11, 2017 8:28 am
Forum: Investing - Help with Personal Investments
Topic: mutual fund vs etf
Replies: 7
Views: 1376

Re: mutual fund vs etf

Topic is often debated on this site. Can search the forum in the upper right. I prefer ETFs for no good reason, it's up to investor preference. Also, if starting out with amounts below fund minimums then ETFs is the obvious choice. No minimums and admiral class expense ratios when dealing with Vangu...
by jayhawkerbeef
Mon Apr 10, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer (a friend)
Replies: 25
Views: 3133

Re: Advice for first time homebuyer (a friend)

Never take on a mortgage that exceeds twice your gross income after down payment.
by jayhawkerbeef
Mon Apr 10, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 103123

Re: Bank of America/Merrill Edge - Preferred Rewards

Haven't experienced the issue ever since I've set the autopay to occur 1 day prior than the due date or greater. Know this should not matter.
by jayhawkerbeef
Mon Apr 10, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 103123

Re: Bank of America/Merrill Edge - Preferred Rewards

Ok I'll go with the consensus here. For vss the below is what from the prospectus. Management Fees 0.08% 12b-1 Distribution Fee None Other Expenses 0.05% Total Annual Fund Operating Expenses 0.13% <-- This matches VG Then does anyone know why they have .17% when researching on their site? https://ol...
by jayhawkerbeef
Mon Apr 10, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 103123

Re: Bank of America/Merrill Edge - Preferred Rewards

I'm sorry but nowhere did I mention ME approves anything. Good, so you know how they work. My only point was the ERs are different. They are different, right?
by jayhawkerbeef
Mon Apr 10, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 103123

Re: Bank of America/Merrill Edge - Preferred Rewards

^actually in speaking with ME they stated VG "as of yet" has not approved reducing those expenses at ME. "as of yet" is key, maybe today, tomorrow, never, etc..
by jayhawkerbeef
Mon Apr 10, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 103123

Re: Bank of America/Merrill Edge - Preferred Rewards

ETFs that invest in international funds? If so, which ones specifically do you mean? VG International ETFs below that have higher expense ratios at ME vs VG. vxus & vwo are only small variances; can look those up yourself. vxus vss <--- the largest difference .17 vs .13 vwo Interesting though vea i...
by jayhawkerbeef
Mon Apr 10, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 469
Views: 103123

Re: Bank of America/Merrill Edge - Preferred Rewards

If they took away certain benefits/changed the program - people can leave. It's that simple these days. That's what I do, but program changes have never been why I've left a brokerage it's normally for a better offer. For those that invest only in Vanguard funds, it appears the US etfs are the same ...
by jayhawkerbeef
Thu Apr 06, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Sold Fund by Mistake in Taxable Account
Replies: 7
Views: 1099

Re: Sold Fund by Mistake in Taxable Account

Perfect. Thanks for the quick help.