Search found 4971 matches

by Duckie
Thu Sep 21, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over previous 401k to a solo 401k
Replies: 5
Views: 308

Re: Rolling over previous 401k to a solo 401k

Ndop wrote:What are your thoughts?
She should open the solo 401k at Fidelity and roll her old John Hancock 401k, her SEP IRA, and her TIRA into it.
by Duckie
Thu Sep 21, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) & working for only a year before returning to school
Replies: 8
Views: 611

Re: 401(k) & working for only a year before returning to school

Vorpal wrote:When should I exchange my shares? As soon as I start contributing to the 401k or earlier?
Exchange them as soon as you're allowed to.
by Duckie
Thu Sep 21, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Roth/Traditional vs Paying off debt
Replies: 9
Views: 399

Re: Investing in Roth/Traditional vs Paying off debt

malucol , welcome to the forum. The rental income from the commercial property is $6000/month which goes towards the debt servicing. The debt of $500,000 is serviced at 12% interest. You make $72K on the rent before taxes and your interest alone is $60K. This doesn't sound to me like it was a good ...
by Duckie
Thu Sep 21, 2017 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual funds at JPMorgan
Replies: 1
Views: 150

Re: Mutual funds at JPMorgan

gerbear85 , welcome to the forum. He showed me a JPMorgan Investor Balanced Fund (50/50 bonds and equity), returned on average around 7-8% a year. One day I will probably use this money as a downpayment on a house, but probably not for 2 to 3 years so what looks to be a pretty safe fund like that s...
by Duckie
Thu Sep 21, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing [International Worker]
Replies: 1
Views: 110

Re: New to Investing [International Worker]

winterleiden , welcome to the forum. I recently graduated from school and started working in US (previously working internationally for 2 years). For clarification, are you a US citizen, US green-card holder, or what? 401K Roth Without knowing the plan expense ratios the best options are: Vanguard ...
by Duckie
Wed Sep 20, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Going to try my hand at Mega Backdoor Roth
Replies: 12
Views: 1203

Re: Going to try my hand at Mega Backdoor Roth

do I need to do this roll over every year, or is it just a one time event when I feel there is enough growth to justify the maneuver? I feel that if I have minimal gains on my 13.5k, it is a waste of resources to do this every year. You should do it at least once a year and more often if allowed. B...
by Duckie
Wed Sep 20, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) & working for only a year before returning to school
Replies: 8
Views: 611

Re: 401(k) & working for only a year before returning to school

How should I decide between these two allocations? Bonds aren't doing that well right now, but they are more enduring than stocks in the long term. Is this more a question of how risk averse I am? Stocks are for growth, bonds are for safety. Start with 80/20. Better to be a little conservative at t...
by Duckie
Tue Sep 19, 2017 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor - Three Fund Portfolio
Replies: 4
Views: 524

Re: New Investor - Three Fund Portfolio

The allocation I am planning for is as below: 52% VOO - S&P 500 (US Stock) 23% VXUS - Total International Stock 25% BND - Total Bond Market Index I wanted to get some feedback before actually putting my funds into this split to see if there's anything I am missing or if there is overwhelming advice...
by Duckie
Tue Sep 19, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) & working for only a year before returning to school
Replies: 8
Views: 611

Re: 401(k) & working for only a year before returning to school

Vorpal , welcome to the forum. How much should I contribute to my 401(k) to invest aggressively enough in light of the fact I will most likely return to school for some time? Given how fortunate my financial situation is, I can contribute as much as 33% from each of my paychecks to the traditional ...
by Duckie
Tue Sep 19, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: New employer's 401k and other questions
Replies: 10
Views: 809

Re: New employer's 401k and other questions

What are some options I can consider? None of the options are that great. You could: Roll the TIRA to your current 401k if it's allowed. Since your 401k has high expense ratios this is not a good idea. Slowly convert the TIRA to a Roth IRA. This will cost you in taxes each year. Use the backdoor me...
by Duckie
Sat Sep 16, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: New employer's 401k and other questions
Replies: 10
Views: 809

Re: New employer's 401k and other questions

Income: 105k before taxes + >6% bonus The income limits for direct Roth IRA contributions start at $118K. You've got room before you hit that, but if your income goes up a decent amount you'll need to use the Backdoor Roth IRA method and that $80K TIRA will get in the way because of the pro-rata ru...
by Duckie
Sat Sep 16, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on Roth-IRA situation
Replies: 3
Views: 478

Re: Need advice on Roth-IRA situation

AzleaHeights , welcome to the forum. Since my wife’s employer does not offer a 401K plan is there an alternative way to contribute to a tax friendly retirement account besides Roth-IRA? Do either one of you have a HDHP so you can contribute to an HSA? Can she start a 1099 side job so she can open a...
by Duckie
Fri Sep 15, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Best Resources to understand self-employed retirement savings options
Replies: 4
Views: 269

Re: Best Resources to understand self-employed retirement savings options

I would like to ask the folks on this board if you can point me in the direction of any additional resources (books, articles,or anything really) that i could pass on to help further the education process. Here are available small-business retirement plans at Fidelity and Vanguard . Both companies ...
by Duckie
Thu Sep 14, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate between 401k with expensive fees + Vangaurd
Replies: 32
Views: 1579

Re: How to allocate between 401k with expensive fees + Vangaurd

What's the reasoning behind having more VTSMX and VGTSX in my roth as opposed to the retirement fund? Are those funds that much better? The target-retirement fund is a balanced fund with US stocks, international stocks, and bonds. The two funds I mentioned are individual funds. All of the funds I r...
by Duckie
Wed Sep 13, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching 401k Max
Replies: 15
Views: 1322

Re: Reaching 401k Max

once you hit the IRS 401k limit of $18k contribution, do most of the major brokers (Fidelity, etc.) stop you from contributing more or do you have to actively manage the contributions to avoid any penalties? It depends on the employer (not the brokerage). Some stop when you hit the limit. Some don'...
by Duckie
Wed Sep 13, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to allocate between 401k with expensive fees + Vangaurd
Replies: 32
Views: 1579

Re: How to allocate between 401k with expensive fees + Vangaurd

BND Vanguard Total Bond $1,329.25 It's not much, but a taxable bond fund does not belong in a taxable account. Roth VFFVX Vanguard Target Retirement 2055 $12,320.49 This account should have individual funds instead of this target-date fund. Here are all of the funds available in my 401k (and the ex...
by Duckie
Wed Sep 13, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help, 50k to invest
Replies: 3
Views: 625

Re: Portfolio help, 50k to invest

I'll also be funding my taxable account with about 30k. I'm assuming the suggestion would be VTSM for all of that and shift the bonds up in the 401ks? The best options for taxable are Total Stock Market or Total International Stock Market. If you put TISM in taxable you can take advantage of the Fo...
by Duckie
Tue Sep 12, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports guide to the Equifax breach
Replies: 16
Views: 2940

Re: Consumer Reports guide to the Equifax breach

Just out of curiosity I decided to check the domain ownership of equifaxsecurity2017.com and trustedidpremier.com just to verify that they really are Equifax sites. <snip> In short: you can't verify whether or not the site is actually Equifax, or whose site it is. You can access both sites from htt...
by Duckie
Tue Sep 12, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Money, Single to Mutual
Replies: 7
Views: 678

Re: Moving Money, Single to Mutual

OneRad1, welcome to the forum.
OneRad1 wrote:Thoughts?
Since these are not in a tax-sheltered account, have you figured what your gains are and thus your taxes will be when you sell?
by Duckie
Tue Sep 12, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help, 50k to invest
Replies: 3
Views: 625

Re: Portfolio help, 50k to invest

Desired Asset allocation: 62% stocks / 33% bonds / 5% REIT Desired International allocation: 7% of stock That breaks down to 62% US stocks (including REITs), 5% international stocks, and 33% bonds. His Roth (Both Roths in Raymond James accounts with 1% AUM fee) 8% Why pay that 1% AUM fee? Since you...
by Duckie
Tue Sep 12, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: 1st time Portfolio Review
Replies: 8
Views: 794

Re: 1st time Portfolio Review

* Adjust desired allocation to 80% stock / 20% bonds (Once I hit 40, I will revisit and move somewhere between 75/25 or 70/30) * Adjust international allocation to 25% of stock holdings This breaks down to 60% US stocks, 20% international stocks, and 20% bonds. With the desired allocations above an...
by Duckie
Sun Sep 10, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Age 30 Starting ASAP
Replies: 14
Views: 2087

Re: Age 30 Starting ASAP

I am hoping to receive some constructive criticism on which TR fund I should select as my "foot in the door" to the 9k minimum, to purchase my long-term goal of a "3-fund portfolio", which I plan to have amounted within 2-3 years. Just buy the fund with the AA that makes you feel comfortable. Since...
by Duckie
Thu Sep 07, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Looking for Portfolio Critique
Replies: 7
Views: 769

Re: Beginner Looking for Portfolio Critique

Duckie, in your sample portfolio you suggested VTSAX for my taxable account, but then VTSMX (investor shares) for the Roth IRA. Is there a reason why I wouldn't also use the VTSAX admiral shares for the Roth as well, given the lower expense ratio? You wrote you have a portfolio of roughly $115K. Th...
by Duckie
Thu Sep 07, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: IRA contribution - sub-teacher & possible W2
Replies: 3
Views: 244

Re: IRA - sub teacher & possible W2

ps56k wrote:What about lonely me - if she has her "earned income" - can I also contribute the same amount to my IRA ?
If MFJ you can contribute on her income, so if she makes more than $13K you both might be able to contribute the max.
by Duckie
Thu Sep 07, 2017 6:07 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA
Replies: 14
Views: 1141

Re: Roth IRA

Jugee wrote:I recently inherited an IRA from my deceased parent
Just for clarification, is the inherited IRA traditional or Roth? I read it as traditional, others are reading it as Roth. Which is it?
by Duckie
Thu Sep 07, 2017 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: 1st time Portfolio Review
Replies: 8
Views: 794

Re: 1st time Portfolio Review

Emergency funds: $50K (checking) / $100K @ 0.02% interest rate (savings) Bank of America Debt: $135K @ 6.5% / $14.8K @ 6.75% = Total $149.8K Both loans are from a farm credit where I purchased raw land and built a cabin. The loans are in my name but my parents / I split the monthly mortgage payment...
by Duckie
Thu Sep 07, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie transfer Ameriprise to Vanguard?
Replies: 5
Views: 334

Re: Newbie transfer Ameriprise to Vanguard?

savingpennies , welcome to the forum. I want to move my inherited IRA to Vanguard but don't know what do I change it to? Am I able to transfer and put the inherited IRA into a Target retirement fund? You open an inherited IRA at Vanguard and have them pull the assets from the current custodian. You...
by Duckie
Thu Sep 07, 2017 4:25 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA
Replies: 14
Views: 1141

Re: Roth IRA

Jugee wrote:My last question regarding this topic is do I have to keep an inherited IRA for 5 years?
No. You could liquidate, withdraw everything, and close it in a week if you wanted to.
by Duckie
Thu Sep 07, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: How to Consider Pensions in Allocation Planning
Replies: 8
Views: 641

Re: How to Consider Pensions in Allocation Planning

RETerp , welcome to the forum. Should I consider the pension to be my "bond" component in my allocation strategy? You're going to get different responses here, but my answer is no. Some people think of a pension as a bond which means they feel they can take more risks and therefore hold fewer actua...
by Duckie
Thu Sep 07, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 5081

Re: "Fear of Finance?" AARP interview with Jack Bogle

Jack Otter: "You organized Vanguard to be owned by shareholders, rather than publicly traded or privately owned. Someone estimated you'd be worth $28 billion if you'd gone that route. Where has the $28 billion gone?" Jack Bogle: "Into the pockets of our shareholders." Being a "shareholder" I love t...
by Duckie
Thu Sep 07, 2017 2:48 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA
Replies: 14
Views: 1141

Re: Roth IRA

Since I can't convert it into a Roth IRA my accountant suggested I take out half this year and invest in a Roth and then the beginning of next year take out the rest and put it in a Roth. That will work as long as you have earned income and are under the limits for direct Roth IRA contributions. I ...
by Duckie
Thu Sep 07, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Novice Investor Looking for Help
Replies: 8
Views: 586

Re: Novice Investor Looking for Help

The SIMPLE has been open since 2014, so it can be transferred. She is still putting money into it through her job, so would it be better to just transfer the SIMPLE IRA to Vanguard into another SIMPLE IRA, or would it be better to open a new SIMPLE IRA at Vanguard and transfer the old SIMPLE to a t...
by Duckie
Wed Sep 06, 2017 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: rebalancing and taxes, help a newbie
Replies: 6
Views: 393

Re: rebalancing and taxes, help a newbie

KCRoyals wrote:My understanding is that there is no immediate effect of taxes, but does it change future taxation in a Traditional 401k? Assuming going from stocks to bonds..
Distributions, which are taken in cash, are taxable at your marginal rate whether you own stocks or bonds in the 401k.
by Duckie
Wed Sep 06, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Novice Investor Looking for Help
Replies: 8
Views: 586

Re: Novice Investor Looking for Help

Age: 33 (self), 36 (spouse) Desired Asset allocation: 80-90% stocks / 10-20% bonds Desired International allocation: 25% I recommend at least 20% bonds. So 80% stocks, 20% bonds, with 25% of stocks in international breaks down to 60% US stocks, 20% international stocks, and 20% bonds. New annual Co...
by Duckie
Wed Sep 06, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner Looking for Portfolio Critique
Replies: 7
Views: 769

Re: Beginner Looking for Portfolio Critique

Age: 30 Desired Asset allocation: 90% stocks / 10% bonds (Considering closer to 80/20 if you all think this is more appropriate) 80/20 is more appropriate. Desired International allocation: 25% of stocks 25% is reasonable. That breaks down to 80% US stocks, 20% international stocks, and 20% bonds. ...
by Duckie
Wed Sep 06, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with new employer 401K plans
Replies: 13
Views: 508

Re: Help with new employer 401K plans

Plan offered are: Without knowing all the expense ratios the best options are: VINIX - Vanguard Institutional Index -- Large caps, 80% of US stocks VIEIX - Vanguard Extended Market Index -- Mid/small caps, 20% of US stocks VTSNX - Vanguard Total Intl Stock Index -- Complete international stocks VBT...
by Duckie
Wed Sep 06, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Critique this TSP allocation
Replies: 28
Views: 1873

Re: Critique this TSP allocation

Ma15 wrote:What do the letters mean?

Is A fund best and Z fund worst?
Thrift Savings Plan
by Duckie
Wed Sep 06, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA
Replies: 14
Views: 1141

Re: Roth IRA

deltaneutral83 wrote:So essentially, inherited Roth's aren't taxed again but traditional are upon distributions the heir elects?
Correct. Roth IRA contributions were already taxed so proper withdrawals are not taxed again. Pre-tax IRA contributions were not already taxed and will be taxed on withdrawal.
by Duckie
Wed Sep 06, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA
Replies: 14
Views: 1141

Re: Roth IRA

Jugee , welcome to the forum. I recently inherited an IRA from my deceased parent and would like to roll it over into a Roth IRA. Unfortunately, an IRA inherited from a parent cannot be converted to a Roth IRA. See here and here . My question is are there different kinds on Roths? Is the stock mark...
by Duckie
Wed Sep 06, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio structuring and 403b fund selection
Replies: 9
Views: 588

Re: Help with portfolio structuring and 403b fund selection

I also found out that my SEP IRA couldn’t be rolled into the 403b plan since it is less than 2 yrs old; I’d have to roll it into my Roth IRA. I didn't know there was a two-year restriction on rolling SEP IRAs. Is that just a plan rule? Would there be state taxes involved in doing this as well? (I k...
by Duckie
Tue Sep 05, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k Help with Options
Replies: 6
Views: 503

Re: New 401k Help with Options

I also know there are other things like RMD's etc but I am not sure what they belong to (a 401k or traditional IRA?). RMDs affect all 401k/403b/457b/TSP plans (whether traditional or Roth) and traditional IRAs but not until you're over 70. After these thoughts should I still rollover to a Tradition...
by Duckie
Mon Sep 04, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA or Backdoor Roth?
Replies: 22
Views: 1614

Re: Roth IRA or Backdoor Roth?

A poster mentioned form 8606 is notoriously improperly filed with turbo tax. I am planing on doing a back door this year for the first time and also have been using turbotax. What is the best way to ensure this is filed correctly? When answering the questions make sure TT knows the following: You m...
by Duckie
Mon Sep 04, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing
Replies: 46
Views: 2321

Re: New to investing

SpartyInvestor wrote:
Duckie wrote:You don't list any TR funds earlier than 2045. Are there any? 2030 has an AA of 72/28 and 2025 has an AA of 64/36.
Yes - there is every 5 years from 2015 forward.
Figure out your desired AA and pick the TR fund that comes closest to the stock/bond allocation you want.
by Duckie
Sun Sep 03, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k Help with Options
Replies: 6
Views: 503

Re: New 401k Help with Options

I just switched jobs and will be able to contribute to the company 401k through empower retirement. Ive included the option/ticker/ER below. The best options are: iShares S&P 500 Index I BSPIX .11%/.11% -- Large caps, 83% of US stocks Columbia Mid Cap Index A NTIAX .56%/.45% -- Mid caps, 11% of US ...
by Duckie
Sun Sep 03, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Allocating across IRAs and taxable accounts
Replies: 9
Views: 899

Re: Allocating across IRAs and taxable accounts

jbbenni wrote:When I do draw on the portfolio, should I:
  • sell equities in the taxable account (paying tax on LTCG only)
  • sell bonds in the regular IRA (paying ordinary income on proceeds)
  • sell bonds in the Roth and pay no taxes
The best order for selling is:
  1. Taxable account
  2. Regular IRA
  3. Roth IRA
by Duckie
Sun Sep 03, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing
Replies: 46
Views: 2321

Re: New to investing

For the purposes of this account do you think it would be prudent to put all money into the VFIAX? You could but you apparently have a desired AA of 67% stocks and 33% bonds. Obviously VFIAX has no bonds. In the listed Target Retirement funds, the 2045 fund is 90/10 and the Income fund is 30/70. If...
by Duckie
Sat Sep 02, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking portfolio feedback
Replies: 7
Views: 610

Re: Seeking portfolio feedback

What does it mean to list "specific funds/ETFs along with tickers if any and expense ratios" ? You own stocks, ETFs, and closed-end funds in taxable accounts. pkcrafter wants to know specifically what those are (list the stock/ETF/fund name, its ticker symbol if it has one, and its expense ratio). ...
by Duckie
Sat Sep 02, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing
Replies: 46
Views: 2321

Re: 403b and 457b fund options with expense ratio

Below are the available funds and gross expense ratios. The best options are: Vanguard 500 Index Fund (VFIAX) 0.04% -- Large caps, 80% of US stocks Vanguard Mid Capitalization Index Fund (VIMAX) 0.06% -- Mid caps, 6% of US stocks Vanguard Small Cap Index Fund (VSMAX) 0.06% -- Small caps, 14% of US ...
by Duckie
Fri Sep 01, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help with portfolio structuring and 403b fund selection
Replies: 9
Views: 588

Re: Help with portfolio structuring and 403b fund selection

With regards to my SEP IRA, I’m unable to open a solo 401K to roll it into as I don’t expect to have further self-employment income. It seems like I’m stuck with rolling it into the 403b plan Bummer. Have you verified that your 403b plan takes incoming rollovers? Not all do. Another option would be...
by Duckie
Fri Sep 01, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for 40yo Military Member
Replies: 10
Views: 901

Re: Asset Allocation for 40yo Military Member

I'm moving my I fund contributions and funding to Vanguard's VWIGX after reading that the I TSP I fund doesn't provide the greatest coverage of international markets. VWIGX doesn't offer that great of coverage either. It holds 125 stocks and costs 0.46%. You'd be better off with VGTSX which holds 6...