Search found 6627 matches

by Duckie
Mon Jun 24, 2019 5:06 pm
Forum: Personal Consumer Issues
Topic: Pickleball Paddle recommendation?
Replies: 17
Views: 673

Re: Pickleball Paddle recommendation?

JoeRetire wrote:I've just started to play pickleball with the local Rec Department.
<snip>
I'd like to purchase my own paddle.
Pickleball Paddles: Read This Before You Buy Your Next Paddle
by Duckie
Mon Jun 24, 2019 4:21 pm
Forum: Personal Investments
Topic: Alternative to Van. Inter. Term Tax Exempt Fund at Fidelity
Replies: 4
Views: 333

Re: Alternative to Van. Inter. Term Tax Exempt Fund at Fidelity

Is this the comparable fund at Fidelity: Fidelity Intermediate Municipal Income Fund (FLTMX) It is comparable. or is it "recommended" to hold MUB instead? Well, FLTMX's expense ratio is 0.37% and MUB's is 0.07% with no commission. If your family member can handle ETFs then MUB would be the winner.
by Duckie
Sun Jun 23, 2019 10:39 pm
Forum: Personal Investments
Topic: Portfolio Advice
Replies: 3
Views: 359

Re: Portfolio Advice

Should I dump VNQ? You could but it's only 7%, so if you want it, keep it. Should I dump FOCKX? Yes. A 0.78% expense ratio is too high. Assuming I pay off the credit card balance before the interest rate promotion expires (which is my plan), should I just dump everything into after-tax contribution...
by Duckie
Sun Jun 23, 2019 9:39 pm
Forum: Personal Investments
Topic: Investment HELP (NEW to Investing)
Replies: 3
Views: 224

Re: Investment HELP (NEW to Investing)

Age: Desired Asset allocation: 100% stocks / 0% bonds (Any other idea?) Could be anywhere from 80/20 to 20/80. How old are you? Desired International allocation: no clue Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". See the Vanguard paper link and the dis...
by Duckie
Sun Jun 23, 2019 9:23 pm
Forum: Personal Investments
Topic: New work plan option help
Replies: 6
Views: 417

Re: New work plan option help

Coopsdaddy , the best options are: Vanguard Institutional Index 0.03% -- Large caps, 80% of US stocks Vanguard Mid Cap Index 0.04% -- Mid caps, 6% of US stocks Vanguard Small Cap Index 0.04% -- Small caps, 14% of US stocks Vanguard Total Intl Stock Index 0.08% -- Complete international stocks Vangu...
by Duckie
Sun Jun 23, 2019 8:34 pm
Forum: Personal Investments
Topic: Professional in NYC - trying to figure out investment strategy
Replies: 23
Views: 2996

Re: Professional in NYC - trying to figure out investment strategy

For my taxable account at Schwab, would I need to transfer to Vanguard or Fidelity? Couldn't I just purchase one of the Vanguard or Fidelity index funds like remomnyc suggested in one of the above posts in my Schwab account? The problem with buying Vanguard or Fidelity funds at Schwab is that you w...
by Duckie
Sun Jun 23, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: 457(b) and SIMPLE IRA
Replies: 11
Views: 736

Re: 457(b) and SIMPLE IRA

Side note, can someone explain to me why you would use a simple IRA over a Solo 401k in this situation? It's possible that the spouse has employees which precludes using a solo 401k. Or maybe the spouse wasn't aware of the solo 401k option at the time the SIMPLE IRA was created and doesn't want to ...
by Duckie
Sat Jun 22, 2019 5:21 pm
Forum: Personal Investments
Topic: Sales Charges on 403b Bond fund?
Replies: 16
Views: 736

Re: Sales Charges on 403b Bond fund?

There is this fund, MIPLX: https://retire.massmutual.com/Retire/PDFFolder/profiles2/miplx.pdf It has total operating expenses of 2.04% with a 1.26% waiver, resulting in a net expense ratio of 0.78%. MIPLX is a decent bond option for your 403b (especially since it is no-load). It has higher quality ...
by Duckie
Sat Jun 22, 2019 5:11 pm
Forum: Personal Investments
Topic: Are there any tips / best practices for an Inherited IRA?
Replies: 26
Views: 2219

Re: Are there any tips / best practices for an Inherited IRA?

I would skip VTABX. Why do you think the Vanguard Target 2050 Fund has it? Vanguard has it because they think providing the international diversification in both stocks and bonds is a good thing. I don't think it's that good mainly because of the currency risk and partly because 3% of the portfolio...
by Duckie
Fri Jun 21, 2019 10:07 pm
Forum: Personal Investments
Topic: Sales Charges on 403b Bond fund?
Replies: 16
Views: 736

Re: Sales Charges on 403b Bond fund?

Mdr87 wrote:I was able to speak with the fund adviser and unfortunately, the 2.25% load fee was confirmed.
Are there any bond options in the 403b that do not have a load?
by Duckie
Fri Jun 21, 2019 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: 457(b) and SIMPLE IRA
Replies: 11
Views: 736

Re: 457(b) and SIMPLE IRA

Does the SIMPLE IRA information further below mean that as an independent contractor/“employer”, my spouse can only “maintain” one plan, but also mean that as an “employee” with a different organization, my spouse is free to make contributions to the 457(b) plan? Your spouse is allowed to contribut...
by Duckie
Fri Jun 21, 2019 8:55 pm
Forum: Personal Investments
Topic: Are there any tips / best practices for an Inherited IRA?
Replies: 26
Views: 2219

Re: Are there any tips / best practices for an Inherited IRA?

Unfortunately, my Nationwide 457(b) retirement plan sucks, and I'm investing everything into the lowest fee fund, which is the Nationwide S&P 500 Index Fund and it still still has an ER of around 1.2% Wow, your plan must really be tacking on fees. GRISX has a retail expense ratio of 0.41%. The Vang...
by Duckie
Fri Jun 21, 2019 8:28 pm
Forum: Personal Investments
Topic: Sales Charges on 403b Bond fund?
Replies: 16
Views: 736

Re: Sales Charges on 403b Bond fund?

I was about to invest in LTRAX (Lord Abbett Total Return Fund) and was reading through the prospectus. It has an expense ratio of 0.68% which is obviously a lot higher than the funds offered in Schwab but it is the only bond fund in my 403b with a palatable expense ratio. Does your 403b plan offer ...
by Duckie
Thu Jun 20, 2019 3:42 pm
Forum: Personal Investments
Topic: 403b, 457, backdoor Roth, 529’s, then what?
Replies: 7
Views: 386

Re: 403b, 457, backdoor Roth, 529’s, then what?

Boymom , welcome to the forum. When reading about starting a taxable account I know I need to pick funds that won’t kill us on taxes (we are at 32%). If our generally portfolio is roughly 75/25 stocks/bonds; how do we decide what to put into our taxable account? Put stock index funds/ETFs in taxabl...
by Duckie
Wed Jun 19, 2019 5:49 pm
Forum: Personal Investments
Topic: Roth Conversion Question – Please help! (First Post)
Replies: 65
Views: 2343

Re: Roth Conversion Question – Please help! (First Post)

Does a pension lump sum have to go into a TIRA? I just assumed that the choice was monthly pension check or one time lump sum pension check. If you don't roll the pension lump sum into a TIRA (or other tax-sheltered account) and just take it in cash then you are taxed on the total amount in that ye...
by Duckie
Wed Jun 19, 2019 5:14 pm
Forum: Personal Investments
Topic: Finally making the transfer, better late than never
Replies: 2
Views: 531

Re: Finally making the transfer, better late than never

office2564 , welcome to the forum. Age:36 Desired Asset allocation: 90% stocks / 10% bonds At your age 10% bonds is a little low. I recommend 20-25% in bonds. Desired International allocation: 20-25% of stocks This is reasonable. Taxable (may use for future rental property and other things like car...
by Duckie
Wed Jun 19, 2019 4:05 pm
Forum: Personal Investments
Topic: Roth Conversion Question – Please help! (First Post)
Replies: 65
Views: 2343

Re: Roth Conversion Question – Please help! (First Post)

mkaytn17 , welcome to the forum. Since I am single and already drawing SS widow benefit, did I miss the boat already on Roth conversion? No. How much per year to convert? You are in the 12% tax bracket. In 2019 you can have income of up to $39,474 (after deductions) to stay there. If you go above t...
by Duckie
Wed Jun 19, 2019 3:47 pm
Forum: Personal Investments
Topic: ROTH IRA question
Replies: 6
Views: 399

Re: ROTH IRA question

El Greco wrote:I'm planning to retire next year and will have no earned income, however my spouse will continue to work. We file MFJ. Will we both still be able to contribute to our ROTH IRA accounts based on her earned income?
Yes.
by Duckie
Tue Jun 18, 2019 3:55 pm
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 218
Views: 19488

Re: Suggestion for updating "Asking Portfolio Questions" thread

I do a lot of portfolios and the three main problems I run into are posters: Who ignore the "Total of All Accounts Together (not each account individually) should equal 100%" phrase. [Big issue] Who don't add their expense ratios, especially when listing all their employer plan options. [Medium issu...
by Duckie
Mon Jun 17, 2019 5:35 pm
Forum: Personal Investments
Topic: 38 year old portfolio pulse check
Replies: 5
Views: 1351

Re: 38 year old portfolio pulse check

These are decent options but consider using VTSAX and VTIAX for any future purchases (including reinvesting dividends). How would I go about this without a tax loss harvest? I tax lossed into these accounts and think I would take a big tax hit based on gains at this point. If you are going to tax-l...
by Duckie
Mon Jun 17, 2019 5:25 pm
Forum: Personal Investments
Topic: Professional in NYC - trying to figure out investment strategy
Replies: 23
Views: 2996

Re: Professional in NYC - trying to figure out investment strategy

Wouldn't the OP be better served by flipping the taxable and Roth IRAs allocation you suggested? There is the advantage of being able to utilize foreign tax credit in a taxable account instead of losing it in the Roth IRA. To be sure this will just be peanuts, $20 to $30 tax credit on the $10k inve...
by Duckie
Sun Jun 16, 2019 9:07 pm
Forum: Personal Investments
Topic: 38 year old portfolio pulse check
Replies: 5
Views: 1351

Re: 38 year old portfolio pulse check

Desired Asset allocation: 73% stocks / 27% bonds (need help with this????) 27% in bonds is reasonable for your ages. Taxable (of the total portfolio, this is 34%) 21% Vanguard 500 Index Fund Admiral VFIAX .05 12% Vanguard FTSE All World Admiral VFWAX .18 These are decent options but consider using ...
by Duckie
Sun Jun 16, 2019 8:53 pm
Forum: Personal Investments
Topic: Rollover 401k Options
Replies: 6
Views: 419

Re: Rollover 401k Options

Broadway2018 wrote:If in my 401k plan $20k is Roth, does that matter for the backdoor ira?
No. Having money in a Roth 401k has no effect on your Roth IRA or the backdoor method.
by Duckie
Sun Jun 16, 2019 7:07 pm
Forum: Personal Investments
Topic: Rollover 401k Options
Replies: 6
Views: 419

Re: Rollover 401k Options

Broadway2018 wrote:I am leaving my current employer and wondering what the best option for my 401k would be?
Since the 401k has low fees and your income is going up to $220K you should leave the 401k where it is for now. If you roll it to an IRA you will be unable to use the backdoor Roth IRA method properly.
by Duckie
Sun Jun 16, 2019 6:40 pm
Forum: Personal Investments
Topic: Introduction: Help Needed!!!
Replies: 5
Views: 777

Re: Introduction: Help Needed!!!

Looper24 , your list of 401k funds shows four good options: Fidelity 500 Index 0.015% -- Large caps, 80% of US stocks Fidelity Mid Cap Index 0.025% -- Mid caps, 6% of US stocks Fidelity Small Cap Index 0.025% -- Small caps, 14% of US stocks Fidelity Global ex U.S. Index 0.055% -- Almost complete in...
by Duckie
Sun Jun 16, 2019 5:32 pm
Forum: Personal Investments
Topic: Professional in NYC - trying to figure out investment strategy
Replies: 23
Views: 2996

Re: Professional in NYC - trying to figure out investment strategy

Target asset allocation: need help - want to shoot for 80/20 stocks and bonds but should I add alternatives to the mix? 20% bonds is fine at your age. As for alternatives, if you want international stocks I recommend VTIAX in your Vanguard Roth IRA. Traditional 401K at Fidelity - $22,000 - All mone...
by Duckie
Fri Jun 14, 2019 6:00 pm
Forum: Personal Investments
Topic: Portfolio Review 37yo Post Divorce
Replies: 8
Views: 1863

Re: Portfolio Review 37yo Post Divorce

37 years old Desired Asset Allocation: 85% stocks 15% bonds 15% is low for age 37. I'd be at least 25%. Desire International Allocation 20% of stocks (rather than current 20% of portfolio) 20% of 85% is 17%. Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". S...
by Duckie
Thu Jun 13, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: Consolidate numerous accounts or leave them alone
Replies: 2
Views: 333

Re: Consolidate numerous accounts or leave them alone

TD was my first account, but I don't like paying for trades and their commission-free ETF list is not that big 1. Taxable 2. Traditional IRA 3. Traditional IRA that was originally used for making after-tax contributions, but now also contains a lot of gains. I didn't know if I have to keep such acc...
by Duckie
Thu Jun 13, 2019 4:16 pm
Forum: Personal Investments
Topic: Asset Allocation Help
Replies: 6
Views: 621

Re: Asset Allocation Help

Desired Asset allocation: 75% stocks / 15% bonds / 10% Short Term Reserves (for house down payment) Since the house down-payment is not part of the retirement portfolio that becomes 83% stocks and 17% bonds. At your age you should have at least 20% bonds (maybe 25%). The annuity. Ugh, the annuity. ...
by Duckie
Thu Jun 13, 2019 4:00 pm
Forum: Personal Investments
Topic: Vanguard Backdoor Roth IRA Monthly Automatic Investments
Replies: 5
Views: 420

Re: Vanguard Backdoor Roth IRA Monthly Automatic Investments

misgnomer , welcome to the forum. (I like your user name.) The only solution I can see, which I have thought about doing, is to just deposit the money into a separate online bank account designated for the Roth IRA and then do it all as one lump sum in December (or January if your deposits througho...
by Duckie
Tue Jun 11, 2019 4:53 pm
Forum: Personal Investments
Topic: Looking for Advice on the first $50,000
Replies: 7
Views: 747

Re: Looking for Advice on the first $50,000

Mr0988 , welcome to the forum. I don’t mind risk so I think I want to set up 90% stock (20% of that international) and 10% bonds or 80/20 At your age I would go with at least 20% bonds. So 80% stocks, 20% bonds, with 20% of stocks in international. That breaks down to 64% US stocks, 16% internation...
by Duckie
Mon Jun 10, 2019 4:11 pm
Forum: Personal Investments
Topic: Investment Annual Physical!
Replies: 8
Views: 2199

Re: Investment Annual Physical!

Looking at MorningStar, MINHX outperforms VTIAX over essentially any time period. In the past MINHX has outperformed VTIAX. Who knows what the future will be. How much has it outperformed? However MINHX fees are higher. How can I calculate the cost difference between the two over time? Compare fees...
by Duckie
Sat Jun 08, 2019 5:40 pm
Forum: Personal Investments
Topic: Advice on 401k AA/Investments
Replies: 5
Views: 505

Re: Advice on 401k AA/Investments

ruralavalon wrote:My suggestion is this:
1) BlackRock Equity Index M (Tracks S&P 500) (0.03%)
2) Vanguard Developed Markets Index Institutional (VTMNX) (0.05%)
3) BlackRock US Debt Index M Fund (0.04%)
I agree. And I'd make the AA 65% Equity, 25% Developed, 10% US Debt.
by Duckie
Sat Jun 08, 2019 5:32 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 3
Views: 519

Re: Portfolio Review

Would it make sense to sell just enough this year so that I stay below the 22% tax bracket (effectively tax-gain harvesting) and then sell the remainder next year? Yes. And after you close the Betterment account you need to get the bonds out of the M1 Finance account because taxable bonds don't bel...
by Duckie
Fri Jun 07, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: Preventing Identity Theft
Replies: 46
Views: 3643

Re: Preventing Identity Theft

So far all I have is: monitor credit report, freeze credit at the three agencies. Is there anything else we can do? Don't forget about NCTUE (National Consumer Telecom & Utilities Exchange) which covers cell phones, cable tv, and utilities. People can set up cell phone service in your name and make...
by Duckie
Thu Jun 06, 2019 4:35 pm
Forum: Personal Investments
Topic: Need help with International Fund Decision
Replies: 9
Views: 557

Re: Need help with International Fund Decision

richard37 wrote:I was toying with the idea of transferring dollars into that fund but wondered if the board had any thoughts or suggestions before I pull the trigger.
NT Collective MSCI ACWI ex US Index Fund is a total market fund just like VTIAX, Vanguard Total International. Stick with the total market fund.
by Duckie
Thu Jun 06, 2019 4:31 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 4
Views: 749

Re: Portfolio Review

seaabrow , welcome to the forum. 529 Plan at Vanguard 2% Vanguard Aggressive Age-Based Option: Aggressive Growth Portfolio This is not for your retirement and is not part of the portfolio. Funds available in his SIMPLE IRA As I recall, I am limited to the target date retirement funds in my Vanguard...
by Duckie
Wed Jun 05, 2019 10:12 pm
Forum: Personal Investments
Topic: Investment Advice for a Married Couple
Replies: 16
Views: 2499

Re: Investment Advice for a Married Couple

Here's the list of options: She has excellent options in her 401k. The best are: SSgA S&P 500 Index 0.01% -- Large caps, 80% of US stocks SSgA Russell Small/Mid Cap Index 0.04% -- Mid/small caps, 20% of US stocks SSgA Global All Cap Equity ex-US Index 0.10% -- Complete international stocks State St...
by Duckie
Wed Jun 05, 2019 8:51 pm
Forum: Personal Investments
Topic: Investment Advice for a Married Couple
Replies: 16
Views: 2499

Re: Investment Advice for a Married Couple

Make sure your investments are tax efficient (make sure bonds and high dividend yielding investments are tax-deferred). This ties in to some advice from another response above. When I read this, I think: okay, bonds don't yield as much as stocks can, so put the bonds in the tax-deferred accounts (4...
by Duckie
Wed Jun 05, 2019 6:20 pm
Forum: Personal Investments
Topic: What to do with extra cash each month?
Replies: 28
Views: 2462

Re: What to do with extra cash each month?

Dear Bogleheads - My read is that a $10K EF is a bit low. Do you think that paying down a mortgage a valid way of growing it? No. Reducing the mortgage is not going to help if there is an emergency. What's he going to do, sell the house? With a toddler and non-earning wife I think he does need to d...
by Duckie
Wed Jun 05, 2019 6:01 pm
Forum: Personal Investments
Topic: Exchanging investments in Fidelity 401(k) to reduce ER
Replies: 10
Views: 972

Re: Exchanging investments in Fidelity 401(k) to reduce ER

It looks like for my taxable VBTLX I have $245 in short term capital gains, and $420 long term capital gains which doesn't seem huge to pay tax on this now. Your taxes will be reasonable. It looks like from the cost basis page, I can simply exchange here from VBTLX to VTIAX, is that correct? If you...
by Duckie
Tue Jun 04, 2019 4:17 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting and Asset Allocation strategy
Replies: 5
Views: 365

Re: Tax Loss Harvesting and Asset Allocation strategy

I am about 57 years old ..... Is it a good idea for me to hold ONLY Bonds (both domestic and International) in my IRA accounts and ONLY stocks/mutual funds in my Taxable accounts? You want to hold all your bonds in tax-sheltered accounts if you can, but if you have more room than bonds, then holdin...
by Duckie
Tue Jun 04, 2019 4:11 pm
Forum: Personal Investments
Topic: Exchanging investments in Fidelity 401(k) to reduce ER
Replies: 10
Views: 972

Re: Exchanging investments in Fidelity 401(k) to reduce ER

afosiosi , welcome to the forum. Age: 29 Desired Asset allocation: 80-90% stocks / 10-20% bonds At your age I'd go with 80% stocks and 20% bonds. Desired International allocation: 20-30% of stocks I'd go with 30% of stocks in international. That breaks down to 56% US stocks, 24% international stock...
by Duckie
Mon Jun 03, 2019 9:44 pm
Forum: Investing - Theory, News & General
Topic: Investing bonds in tax advantaged versus taxable accounts
Replies: 10
Views: 1060

Re: Investing bonds in tax advantaged versus taxable accounts

I keep reading over and over that bonds should be invested in tax advantaged accounts while stocks should be invested in taxable accounts as it will save your bonds from getting taxed more. Why exactly is this the case and how much of a difference does this really make? Taxable bonds kick out a lot...
by Duckie
Mon Jun 03, 2019 6:39 pm
Forum: Personal Investments
Topic: Investment Advice for a Married Couple
Replies: 16
Views: 2499

Re: Investment Advice for a Married Couple

Risk Tolerance: not sure what to say here! We want to be prepared for retirement. Advice appreciated! At your ages I recommend 70% stocks, 30% bonds, with 30% of stocks in international. That would break down to 50% US stocks, 20% international stocks, and 30% bonds. How does that sound? His Roth I...
by Duckie
Sun Jun 02, 2019 5:36 pm
Forum: Personal Investments
Topic: Solo 401k Question
Replies: 17
Views: 1207

Re: Solo 401k Question

After reading, what I would like to do is max out the program (both my individual and the company's contributions), then make non-Roth, after-tax contributions (aka Mega Backdoor Roth). tfb uses the Mega Backdoor Roth method in a non-prototype plan. Here are four of his posts: Mega Backdoor Roth In...
by Duckie
Sat Jun 01, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: What Specifically is a Taxable Account?
Replies: 17
Views: 1112

Re: What Specifically is a Taxable Account?

If I were to set up a standard taxable account on Vanguard what exactly would I set up? When you start the process to open an account online at Vanguard, after a couple of pages it asks you "Why are you investing?". Choose "General savings", then for "Select your account type" you would probably ch...
by Duckie
Fri May 31, 2019 5:11 pm
Forum: Personal Investments
Topic: After tax 401k to Roth
Replies: 11
Views: 656

Re: After tax 401k to Roth

Can you confirm that the earnings in in-plan Roth are not taxed at the time of rollover to Roth-IRA (if made directly without taking a distribution) Once you've rolled your after-tax 401k sub-account into your Roth 401k and paid the taxes on any earnings at the time of the conversion, any subsequen...
by Duckie
Wed May 29, 2019 5:37 pm
Forum: Investing - Theory, News & General
Topic: Solo 401k vs SEP-IRA
Replies: 5
Views: 269

Re: Solo 401k vs SEP-IRA

except, a 403b is considered controlled by the participant, and therefore is lumped together with a solo 401k in terms of annual elective deferral AND the overall annual addition limit in other words the annual addition limit for a solo 401k when you also have a 403b is $56k minus however much goes...
by Duckie
Wed May 29, 2019 4:59 pm
Forum: Investing - Theory, News & General
Topic: Solo 401k vs SEP-IRA
Replies: 5
Views: 269

Re: Solo 401k vs SEP-IRA

Do the contributions to my 403b/457 via my "regular job" affect the desirability of a Solo 401k vs SEP-IRA? That is, do my other tax advantaged contributions reduce my ability to contribute to SEP or Solo 401k? Since it looks like you contribute the $19K +$6K employEE deferral to the 403b you canno...