Search found 7292 matches

by Duckie
Sun May 24, 2020 4:01 pm
Forum: Personal Investments
Topic: Retirement Portfolio Overhaul - Guidance on Proposed Revised Allocations
Replies: 10
Views: 829

Re: Retirement Portfolio Overhaul - Guidance on Proposed Revised Allocations

For the purposes of wash-sale, would FXAIX, VTSAX and VFFSX be considered the same type of funds? FXAIX and VFFSX are both 500 Index funds so they are "substantially identical". VTSAX is a total US stock index fund and is not the same as the 500 Index funds. Right now, per the suggestions given, I ...
by Duckie
Sat May 23, 2020 8:00 pm
Forum: Personal Investments
Topic: Which funds and allocations for accounts?
Replies: 12
Views: 555

Re: Which funds and allocations for accounts?

What would be the right allocation of small/large cap funds? 80/20 or 85/15. You could skip small caps in the 401k since you have total stock in the IRAs. Why fund a new TIRA instead of the Rollover? You don't have to but it separates the former employer plan assets from personal IRA assets which c...
by Duckie
Sat May 23, 2020 6:42 pm
Forum: Personal Investments
Topic: Which funds and allocations for accounts?
Replies: 12
Views: 555

Re: Which funds and allocations for accounts?

Which fund(s) should I be using for my 401k? Those are high costs. The least worst options are: INVS EQ-WGT S&P500 R (VADRX) 0.77% -- Large caps, 80% of US stocks PIF SMCP S&P 600 R3 (PSSMX) 0.73% -- Small caps, 14% of US stocks DL CORE FIXED INC N (DLFNX) 0.73% -- US bonds and possibly FA STABLE V...
by Duckie
Sat May 23, 2020 6:02 pm
Forum: Personal Investments
Topic: Retirement Portfolio Overhaul - Guidance on Proposed Revised Allocations
Replies: 10
Views: 829

Re: Retirement Portfolio Overhaul - Guidance on Proposed Revised Allocations

I recall (will have to go back and find the exact details) that not all of the contributions I made to the TIRAs were tax-deducted in the year of contribution.How messy would that make the proposed rollover to the 401k plan (still pending a confirmation from them that they do accept these rollovers...
by Duckie
Fri May 22, 2020 5:35 pm
Forum: Personal Investments
Topic: Did I choose wrong index and allocations?
Replies: 19
Views: 2026

Re: Did I choose wrong index and allocations?

I have another question, I purchased VTSAX, how does buying more go? Do I have to buy whole shares all the time? or can I contribute like $10 - $25 bucks if I have it? You can purchase mutual funds by dollar amounts. (ETFs are purchased by whole share amounts.) If you contribute money to your Roth ...
by Duckie
Thu May 21, 2020 8:31 pm
Forum: Personal Investments
Topic: Bond index fund in 401K or munis in taxable?
Replies: 8
Views: 643

Re: Bond index fund in 401K or munis in taxable?

What are your thoughts on splitting the muni in taxable between National and CA Long term Tax exempt? I'm more of an intermediate-term fan myself. But either way, no more than half of the munis should be state-specific. Because of COVID-19 California's cities are being hit hard and I expect default...
by Duckie
Thu May 21, 2020 6:37 pm
Forum: Personal Investments
Topic: Retirement Portfolio Overhaul - Guidance on Proposed Revised Allocations
Replies: 10
Views: 829

Re: Retirement Portfolio Overhaul - Guidance on Proposed Revised Allocations

Proposed Desired Asset Allocation (using existing funds in retirement portfolio) Traditional IRA - 7% of overall portfolio - VTSAX - Vanguard Total Stock Market Index (.08) Roth IRA - 4% - VTSAX - Vanguard Total Stock Market Index (.08) HSA - 10% - FFOPX - Fidelity Freedom Index 2050 Inst Prem (.08...
by Duckie
Thu May 21, 2020 6:00 pm
Forum: Personal Investments
Topic: Bond index fund in 401K or munis in taxable?
Replies: 8
Views: 643

Re: Bond index fund in 401K or munis in taxable?

Additionally, all of my 401K is invested in a bond fund. Is it common to do so? Or am I losing on years of tax-free growth by doing so? A pre-tax employer plan is the perfect place for bonds. Age: 44/39 Desired Asset allocation: 60% stocks / 40% bonds Desired International allocation: 15% of stocks...
by Duckie
Tue May 19, 2020 4:34 pm
Forum: Personal Investments
Topic: Did I choose wrong index and allocations?
Replies: 19
Views: 2026

Re: Did I choose wrong index and allocations?

I just went and it read "Roll over Ira Brokerage account" and Roth IRA Brokerage account" :oops: :confused .... I don't know what I have anymore :confused You have a Rollover IRA and a Roth IRA on the brokerage side of Vanguard, not the mutual fund side. ok I purchased minimum VTSAX $3k I have $4k ...
by Duckie
Tue May 19, 2020 3:41 pm
Forum: Personal Investments
Topic: Did I choose wrong index and allocations?
Replies: 19
Views: 2026

Re: Did I choose wrong index and allocations?

I just got the call, back to work next week :D Congratulations! So from my understanding, place bonds in my rollover ira and I guess the international has to go into my Roth as well. International stocks are suitable in taxable, pre-tax, and Roth accounts. Where you put things depends on how much r...
by Duckie
Tue May 19, 2020 3:38 pm
Forum: Personal Investments
Topic: Did I choose wrong index and allocations?
Replies: 19
Views: 2026

Re: Did I choose wrong index and allocations?

At your age 20% bonds is too aggressive. Stocks tend to crater at the worst time. Excuse me but did you mean to write stocks, not bonds? Stocks are too aggressive? Only 20% bonds means 80% stocks. At your age that low amount of bonds is very aggressive. I only have a vanguard account, the ETF's are...
by Duckie
Mon May 18, 2020 4:48 pm
Forum: Personal Investments
Topic: Did I choose wrong index and allocations?
Replies: 19
Views: 2026

Re: Did I choose wrong index and allocations?

Blue55 , welcome to the forum. Age: 55 Desired Asset allocation: 80% stocks / 20% bonds —-for better possible returns since I don't have much. At your age 20% bonds is too aggressive. Stocks tend to crater at the worst time. Taxable—-My rollover 401k held in VMFXX Vanguard federal money market fund...
by Duckie
Mon May 18, 2020 4:11 pm
Forum: Personal Investments
Topic: Merrill Edge Guided Investing switch to Self-Directed
Replies: 11
Views: 874

Re: Merrill Edge Guided Investing switch to Self-Directed

Is it ok to replicate the portfolio in each account I have? E.G. Roth IRA and Traditional IRA have the same allocation of three low-cost index funds, or both IRAs have everything into one target-date fund? It is not recommended to mirror accounts. You want to try to put all bonds in pre-tax tax-she...
by Duckie
Sun May 17, 2020 4:17 pm
Forum: Personal Investments
Topic: Request Guidance for HSA Adjustment
Replies: 2
Views: 180

Re: Request Guidance for HSA Adjustment

The question I had for the folks here is what other options can I consider from among the available funds below to be able to come up with a 3/4 fund portfolio for my HSA going forward? You should consider all your retirement assets, including the HSA, as one big portfolio. Then your HSA choice wou...
by Duckie
Fri May 15, 2020 5:36 pm
Forum: Personal Investments
Topic: Portfolio Question: can we achieve our FIRE goal by age 40?
Replies: 26
Views: 1746

Re: Portfolio Question: can we achieve our FIRE goal by age 40?

So two things: 1) convert 401k from old employers to TIRA. No. You're using confusing terminology. If you're talking about the current Traditional IRAs (his with VTI and VXUS and hers with VXUS) either roll them into the current 401k plans or convert them to Roth IRAs. Since her TIRA is $300 conver...
by Duckie
Fri May 15, 2020 5:15 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth IRA - Minimizing Tax
Replies: 6
Views: 515

Re: Mega Backdoor Roth IRA - Minimizing Tax

Should I follow the same model for the Mega Backdoor Roth IRA contributions or is there a better one given that it's post-tax? How often will your plan allow you to roll your after-tax contributions out, either in-service to a Roth IRA or in-plan to a Roth 401k? (And which option do you have?) Does...
by Duckie
Thu May 14, 2020 5:33 pm
Forum: Personal Investments
Topic: Should I put money in a Traditional IRA?
Replies: 17
Views: 742

Re: Should I put money in a Traditional IRA?

This might be a dumb question, but what's the purpose of the Roth income limit if I can just put my money into a Traditional IRA and then convert it into my Roth? It's basically doing the same thing, right? It's just a few extra steps process and no downside?.... When Roth IRAs were created in 1998...
by Duckie
Thu May 14, 2020 5:21 pm
Forum: Personal Investments
Topic: Vanguard ETF in Roth IRA?
Replies: 12
Views: 558

Re: Vanguard ETF in Roth IRA?

My question is, what good fund options in Fidelity do I have if I roll over to Fidelity traditional IRA? Vanguard does have good options. If I choose Vanguard, I would simply choose VTSAX, VBTLX, and VTIAX for 3-fund positions. I just want to know the options with Fidelity and if ETF would be more ...
by Duckie
Wed May 13, 2020 5:05 pm
Forum: Personal Investments
Topic: Need Help getting out of Fidelity Managed Account
Replies: 9
Views: 742

Re: Need Help getting out of Fidelity Managed Account

Why does Fidelity use so many fund in Managed Account? To make it look complicated so you think you can't do it yourself and to use higher expense ratio funds so they make more money. Fidelity carried over the following Bond funds and they are 15% of my total assets. I am currently invested (20%) i...
by Duckie
Sun May 10, 2020 5:32 pm
Forum: Personal Investments
Topic: Rollover SEP to Solo 401(k)?
Replies: 2
Views: 155

Re: Rollover SEP to Solo 401(k)?

Does it make sense for her to roll over her SEP to a Solo 401(k) to avoid the pro-rata rule so she can do a backdoor Roth as well? Yes. Is it worth the time or any tax implications? If done properly the rollover should create no tax implications. Or should I just tell them that he can contribute to...
by Duckie
Sun May 10, 2020 5:19 pm
Forum: Personal Investments
Topic: Portfolio Review/Rebalancing Help
Replies: 4
Views: 461

Re: Portfolio Review/Rebalancing Help

Age: 36 Desired Asset allocation: 80% stocks / 20% bonds A little light on bonds for your age but not unreasonable. Desired International allocation: 15% of stocks 15% of 80% is 12%. Is that enough? Funds available in 401k (Note: I cannot find ticker symbols for the BlackRock funds) They are Collec...
by Duckie
Fri May 08, 2020 4:40 pm
Forum: Personal Investments
Topic: Is this a mess?
Replies: 12
Views: 2324

Re: Is this a mess?

I suppose my thought (like I said novice) was since ROTH was tax free growth was to pick something with cap gains, etc since it would be tax free. More bang for the buck so to speak. Bad move? In Roth accounts you want something with higher expected growth (stocks). So put 100% stock funds in the R...
by Duckie
Thu May 07, 2020 6:23 pm
Forum: Personal Investments
Topic: Create a 4 fund with DFA funds
Replies: 2
Views: 266

Re: Create a 4 fund with DFA funds

DFA U.S. Large Cap Value Portfolio - Institutional Class - DFLVX? DFA U.S. Core Equity 2 Portfolio - Institutional Class Shares - DFQTX? DFA U.S. Core Equity 1 Portfolio - Institutional Class - DFEOX? Which of the above is the S&P500 equiv? None of them is equivalent to an S&P 500 Index fund, but D...
by Duckie
Thu May 07, 2020 5:53 pm
Forum: Personal Investments
Topic: USAA to fidelity Roth IRA transfer
Replies: 4
Views: 391

Re: USAA to fidelity Roth IRA transfer

I want to move everything to fidelity, but I’m a little unclear with the transfer of assets. It appears the TOA request is for transferring cash only- does that mean I need to essentially move my ira into “cash” prior to the transfer taking place? It is currently in USSPX. USSPX is a 500 Index fund...
by Duckie
Wed May 06, 2020 10:15 pm
Forum: Personal Investments
Topic: How do I get out of home a partnership agreement?
Replies: 42
Views: 3023

Re: How do I get out of home a partnership agreement?

Is there anyway for me to force my way out of the Joint Tenancy with Right of Survivorship, get my 20% down payment back, plus 50% of the equity in the home? Check out " Partition of Jointly Held Property ". It means a lawyer and court but you could force him to sell. Maybe just the threat would wo...
by Duckie
Wed May 06, 2020 6:02 pm
Forum: Personal Investments
Topic: Need Help getting out of Fidelity Managed Account
Replies: 9
Views: 742

Re: Need Help getting out of Fidelity Managed Account

FIDELITY SAI EMERG MARKETS INDEX (FERGX) ----> Fidelity International Index (FSPSX) FIDELITY INTL ENHANCED INDEX FUND (FIENX) ----> Fidelity International Index (FSPSX) FIDELITY SAI INTERNATIONAL INDEX (FIONX) ----> Fidelity International Index (FSPSX) ISHARES INC CORE MSCI EMERGING MKTS ETF ----> ...
by Duckie
Fri May 01, 2020 5:31 pm
Forum: Personal Investments
Topic: Starting life over from scratch at 33
Replies: 32
Views: 6254

Re: Starting life over from scratch at 33

As a teacher in GA I do not have SS and am not offered a 403 B plan. I have a pension account I must contribute to. It is employer matched, but if I move states and close the account before 10 years of service I will only have access to my initial contributions and interest earned on the contributi...
by Duckie
Thu Apr 30, 2020 4:49 pm
Forum: Personal Investments
Topic: Rebalancing by sell/buy or via buying underperforming asset
Replies: 8
Views: 343

Re: Rebalancing by sell/buy or via buying underperforming asset

Don't wash sale rules cross the boundaries? I thought I read that if I sell (at a loss) some position in a taxable account, and purchase the identical security in my 401K within 30 days, then that could trigger a wash-sale event? What you do in the 401k may* create a wash sale in taxable, but it do...
by Duckie
Thu Apr 30, 2020 4:31 pm
Forum: Personal Investments
Topic: 25 Years Old Trying to Build a Lazy Portfolio
Replies: 31
Views: 2360

Re: 25 Years Old Trying to Build a Lazy Portfolio

dtdykstra wrote:Your thoughts, help, and advice would be greatly appreciated.
As already mentioned, given your SIMPLE IRA choices the Four-In-One Index Fund is the best option. Do you have any other tax-sheltered accounts like a former employer plan or a personal IRA?
by Duckie
Sat Apr 25, 2020 4:03 pm
Forum: Personal Investments
Topic: In plan Roth conversion vs mega backdoor Roth ?
Replies: 20
Views: 1012

Re: In plan Roth conversion vs mega backdoor Roth ?

And the in plan Roth would be limited to the employer's offerings. What are the employer's offerings? Can the pre-tax 401k sub-account hold different funds than the Roth 401k sub-account? There is a 25$ fee for inservice withdrawals and we are limited to 4 a year. I believe the in plan Roth convers...
by Duckie
Fri Apr 24, 2020 8:09 pm
Forum: Personal Investments
Topic: Vanguard Mutual Funds using TD Ameritrade
Replies: 11
Views: 498

Re: Vanguard Mutual Funds using TD Ameritrade

Is it $49.99 every time you purchase VTSAX or just $49.99 one time fee? Every time for a standard purchase. Automatic dividend reinvestment might be exempt. If you want to buy Vanguard mutual funds, buy them at Vanguard. If at a different brokerage buy Vanguard ETFs (also Schwab, iShares, and SPDR ...
by Duckie
Fri Apr 24, 2020 7:05 pm
Forum: Personal Investments
Topic: Vanguard Mutual Funds using TD Ameritrade
Replies: 11
Views: 498

Re: Vanguard Mutual Funds using TD Ameritrade

I was looking to purchase VTSAX mutual fund in TD Ameritrade as a mutual fund and it does show there is a fee. But it’s not clear what the fee is? The transaction fee to purchase VTSAX at TD Ameritrade is $49.99. See here under Mutual Funds/No-Load. The fee to purchase VTI, the ETF of VTSAX, is $0.
by Duckie
Fri Apr 24, 2020 6:11 pm
Forum: Personal Investments
Topic: How tax efficient is VTIAX?
Replies: 12
Views: 1082

Re: How tax efficient is VTIAX?

How do you include the foreign tax credit? As of 2019 taxes, if the foreign tax paid (1099-DIV box 7) is no more than $300/$600 (single/married filing jointly) then the credit goes directly on Schedule 3 line 1 which flows to Form 1040 line 13b. If more than $300/$600 (even just $1 more) you need t...
by Duckie
Thu Apr 23, 2020 9:28 pm
Forum: Personal Investments
Topic: Any other options instead of SEP IRA for self employed?
Replies: 6
Views: 322

Re: Any other options instead of SEP IRA for self employed?

Have two employees. Do I have to contribute for the employees if I don't want to? For a SEP IRA yes, you have to contribute as much for them as for you. For a SIMPLE IRA yes, but nowhere near as much as a SEP IRA. For a standard 401k (not solo 401k) no, but those plans usually cost more to run and ...
by Duckie
Thu Apr 23, 2020 7:22 pm
Forum: Personal Investments
Topic: [Three-fund portfolio for a taxable account]
Replies: 6
Views: 762

Re: [Three-fund portfolio for a taxable account]

tettnanger , welcome to the forum. With leftover monthly income I want to start doing the 3-Fund Portfolio in a non-tax-advantaged brokerage account. You use the 3-Fund Portfolio across your entire portfolio. That way you can put all the bonds in the tax-sheltered accounts, preferably pre-tax, and ...
by Duckie
Thu Apr 23, 2020 6:48 pm
Forum: Personal Investments
Topic: Struggling to settle on a taxable portfolio
Replies: 8
Views: 770

Re: Struggling to settle on a taxable portfolio

Dakotah wrote:Thoughts?
Being retired military do you have a TSP? The G Fund would be an excellent place for your bond allocation. Much better than taxable.
by Duckie
Thu Apr 23, 2020 6:42 pm
Forum: Personal Investments
Topic: Fixed Income options nearing retirement
Replies: 26
Views: 1953

Re: Fixed Income options nearing retirement

She has 2 years of EF and the only debt she has is about $28K left on her mortgage which she can potentially pay off now (would have to take from either EF or 401K), or she can continue monthly payments for another 2 years. How much is 2 years expenses? She should not tap the 401k for the mortgage....
by Duckie
Wed Apr 22, 2020 6:26 pm
Forum: Personal Investments
Topic: Solving for an excess Roth IRA contribution - recharacterize, convert, moving old trad IRA
Replies: 2
Views: 125

Re: Solving for an excess Roth IRA contribution - recharacterize, convert, moving old trad IRA

:oops: Does this make sense? Yes. What am I not thinking of? Have you already filed your 2019 taxes? If you have not you will need to fill out Form 8606 to document the non-deductible basis. Take a good look at the form and instructions . Specifically look at the part about Recharacterizations which...
by Duckie
Wed Apr 22, 2020 3:10 pm
Forum: Personal Investments
Topic: Portfolio advice
Replies: 4
Views: 368

Re: Portfolio advice

saladz , welcome to the forum. My husband and I both have Roth IRA’s worth $100,000 each. We have BND ($4,200 in mine and $11,400 in his), VNQ ($2,900 in each account), VXUS-.08% expense (Vanguard Total International) ($97,000 in mine and $87,000 in his). In general it's better to put assets with h...
by Duckie
Wed Apr 22, 2020 2:43 pm
Forum: Personal Investments
Topic: Portfolio Review/Help Please
Replies: 5
Views: 458

Re: Portfolio Review/Help Please

Debt:Furniture Credit Card: $700 <snip> Currently owe $1,800 on loan from 457 Pay off both of these debts. Desired Asset Allocation: You weren't specific. At your ages I recommend an AA of 80% stocks and 20% bonds. If you want international then 20-40% of stocks in international. If you use 30% of ...
by Duckie
Sun Apr 19, 2020 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing everything we could with personal finances?
Replies: 17
Views: 2431

Re: Are we doing everything we could with personal finances?

+1, backdoor Roth would be the big one. If you can, roll old 401k funds into active 401ks and you avoid pro rata tax con conversions. I know that transitional IRA balances will require prorata rules for backdoor IRAs. However, would existing old 401ks require prorata rule application too? No. The p...
by Duckie
Sun Apr 19, 2020 6:25 pm
Forum: Personal Investments
Topic: Asset allocation with an HSA
Replies: 20
Views: 978

Re: Asset allocation with an HSA

schueymika wrote:If I put bonds in the roth IRA and equities in the taxable, what would be the best use for the HSA?
What state do you live in? If you live in California or New Jersey their HSAs are state-taxed like a standard taxable account which would affect your choice.
by Duckie
Sun Apr 19, 2020 6:20 pm
Forum: Investing - Theory, News & General
Topic: Alibaba
Replies: 5
Views: 702

Re: Alibaba

David Jay wrote:Alibaba is 3 words away from ceasing to exist.
What 3 words?
by Duckie
Sat Apr 18, 2020 8:35 pm
Forum: Personal Investments
Topic: reitrement portfolio help
Replies: 1
Views: 275

Re: reitrement portfolio help

Her Deferred Comp Funds Options The best options are: Large Cap Eqty S&P 500 .01% -- Large caps, 80% of US stocks Small-Mid Cap Equity Indx .04% -- Mid/small caps, 20% of US stocks International Equity Indx .04% -- Probably just developed markets Bond Index Fund .03% -- US bonds His 401k Vanguard F...
by Duckie
Thu Apr 16, 2020 6:36 pm
Forum: Personal Investments
Topic: Rollover from Work Plan to Vanguard or Fidelity
Replies: 4
Views: 296

Re: Rollover from Work Plan to Vanguard or Fidelity

I am trying to help a family member roll over her 401k to Vanguard or Fidelity. I am curious if anyone knows whether she will be able to transfer JPMorgan and T. Rowe Price funds to Vanguard or Fidelity intact, or if she will have to liquidate them and move them as cash. She needs to check that her...
by Duckie
Thu Apr 16, 2020 5:26 pm
Forum: Personal Investments
Topic: Wash sale question
Replies: 5
Views: 226

Re: Wash sale question

So I have a wash sale question. I sold my VFIAX (Vanguard 500) position on 3/16 and purchased VTSAX (Vanguard Total Stock) the same day using the exchange tool. That was on my taxable account. Then on my Roth IRA, I purchased VTSAX on 3/25 and then gain on 4/1. Do I have to wait until 5/1 to be abl...
by Duckie
Wed Apr 15, 2020 8:20 pm
Forum: Personal Investments
Topic: New Employer 401k options--should I say anything?
Replies: 19
Views: 1108

Re: New Employer 401k options--should I say anything?

What are your thoughts about questioning these high expense options to my employer? I would not, especially as a new employee. For now, should I just pick the S&P500 index fund (MM S&P 500 Index RM3535Yr expense 0.47%)and balance out my portfolio with my roth ira account? Although not as inexpensiv...
by Duckie
Wed Apr 15, 2020 6:58 pm
Forum: Personal Investments
Topic: Rebalancing question. Need to select comparable Bond Funds, Vanguard IRA to Fidelity 401k
Replies: 7
Views: 492

Re: Rebalancing question. Need to select comparable Bond Funds, Vanguard IRA to Fidelity 401k

I'm looking for any help or resource to figure out which of these funds offered in my Fidelity 401k would have a similar investment profile to the Vanguard funds. Well, obviously VTAPX would be the same in both accounts so that could be swapped into your 401k. DODIX is an excellent active bond fund...
by Duckie
Wed Apr 15, 2020 6:24 pm
Forum: Personal Investments
Topic: Cancer survivor- Overall Portfolio Balancing and Cash Plan
Replies: 8
Views: 818

Re: Cancer survivor- Overall Portfolio Balancing and Cash Plan

keiko36 wrote:I have not been able to get any clear answers on 401K roth rollover- HR is besides themselves at the moment.
What do you mean by "401k roth rollover"? Isn't your Vanguard Rollover IRA a pre-tax IRA, not a Roth IRA?
by Duckie
Tue Apr 14, 2020 7:01 pm
Forum: Personal Investments
Topic: 403(b) and savings/debt review for a mid-30s invester
Replies: 15
Views: 841

Re: 403(b) and savings/debt review for a mid-30s invester

40 total 403(b) options available (highlighted funds that are appealing): The best options are: VANG INST IDX (VIIIX) .02% -- Large caps, 80% of US stocks VANG EXT MKT IDX (VEMPX) .05% -- Mid/small caps, 20% of US stocks VANG TOT INTL STK IDX (VTSNX) .08% -- Complete international stocks VANG TOT B...