Search found 5274 matches

by Duckie
Fri Jan 19, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 31
Views: 2070

Re: Do we need an emergency supplies kit (go bag)?

vveat wrote:What kind of situation would the emergency bag help?
Listening to Katrina is a blog by someone who lived near New Orleans when Katrina hit. On this page and following pages he discusses "The Plan" for bugging out and what to take.
by Duckie
Thu Jan 18, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Maxed 401k, above roth limit, backdoor roth, after tax options
Replies: 2
Views: 285

Re: Maxed 401k, above roth limit, backdoor roth, after tax options

chromatic , welcome to the forum. After funding the trad IRA to backdoor the 5500 annual limit, what are the pros/cons to continuing to fund the traditional IRA with more after tax income vs putting it in a brokerage account? If under age 50 you are not allowed to contribute more than $5500 annuall...
by Duckie
Thu Jan 18, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: Finding hidden fees and other charges.
Replies: 2
Views: 428

Re: Finding hidden fees and other charges.

Here's there list of fees. Is this really it, or do I get charged more. How do you find ALL of the charges? Those are just the list of the fund expense ratios. A plan will have other fees like management fees, advisor fees, and possibly even loads. Finding them can take some digging. These are the ...
by Duckie
Thu Jan 18, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund allocation assistance
Replies: 11
Views: 803

Re: 3 Fund allocation assistance

I actually started playing with some of the rebalance spreadsheets yesterday and realized that when talking about the 60% domestic stock 20% international and 20% bonds it might be referring to the overall portfolio not just 20% of the stock allocation thus meaning I would have the same $$ in bonds...
by Duckie
Wed Jan 17, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4105

Re: Lost Job. Retirement/Portfolio Advice

Should I roll over my Tiaa-Cref to Traditional IRA account with my discount broker to manage without fees or keep with Cref? Or should I roll it over to Fidelity or Vanguard? If the fees are high I would move everything I could. I prefer Vanguard but Fidelity is good, too. Which discount brokerage ...
by Duckie
Wed Jan 17, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund allocation assistance
Replies: 11
Views: 803

Re: 3 Fund allocation assistance

Ok please look at this plan and let me know what you think also if the Fund choices seem appropriate for Example VITPX vs VIVIX?? Change your dollar amounts to percentages. It makes it easier to figure your AA. For example, you want 80% stocks, 20% bonds, with 20% of stocks in international. That b...
by Duckie
Wed Jan 17, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Options for 2018
Replies: 3
Views: 225

Re: 401k Options for 2018

dfwgirl , welcome to the forum. Can you please assist me with picking my 401K options for 2018. You need to add the plan expense ratios to the list of funds. Costs matter. I am currently invested at 25% in International Index, 25% Large Cap, 25% Russell Small Cap and 25% S&P Mid cap. Large caps are...
by Duckie
Wed Jan 17, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA Question
Replies: 11
Views: 1040

Re: Backdoor Roth IRA Question

My wife and I have only 401k, but no traditional IRA. We max out our 401k each year. We do not qualify for direct Roth IRA because of the income limits. So can we each open a new traditional IRA account and convert it into Roth before April 15 and claim it as 2017 contribution while filing taxes th...
by Duckie
Wed Jan 17, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Asset Allocation Advice
Replies: 5
Views: 457

Re: 401k Asset Allocation Advice

If I’m investing in stocks only, what is a good ratio between US and International stocks? 70/30. Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". See the Vanguard paper link and the discussion . I usually split the difference and recommend 30% of stocks. Wi...
by Duckie
Tue Jan 16, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review & 401k Fund Options
Replies: 7
Views: 390

Re: Portfolio Review & 401k Fund Options

Available funds in his 401k The best options are: Vanguard 500 Index Fund Adm (VFIAX 0.04%) -- Large caps, 80% of US stocks Vanguard Mid-Cap Index Fund Adm (VIMAX 0.06%) -- Mid caps, 6% of US stocks Vanguard Small-Cap Index Fund Adm (VSMAX 0.06%) -- Small caps, 14% of US stocks Vanguard Tot Intl St...
by Duckie
Tue Jan 16, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: How did I do? 401K has no tickers - Used Personal Capital to simulate
Replies: 4
Views: 502

Re: How did I do? 401K has no tickers - Used Personal Capital to simulate

KATNYC wrote:Small & Mid Cap Equity Index - Northern Trust Extended Equity Market Index Fund Non Lending - Russell MidCap TR - used IWV iShares Russell 3000 ETF
IWV is similar to Total Stock Market. A better equivalent here would be VXF Vanguard Extended Market.
by Duckie
Tue Jan 16, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: US escorted tours
Replies: 15
Views: 955

Re: US escorted tours

I have a couple who will be visiting the US from Australia. They are interested in exploring potential tours that they can take from the US (e.g. national parks, southwest, new england, etc..). They do not want to drive since they are not comfortable with driving on the "wrong" side :) They want to...
by Duckie
Tue Jan 16, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie - Company 401k Fund selection
Replies: 8
Views: 472

Re: Newbie - Company 401k Fund selection

Any idea on a good allocation of VANG INST INDEX CIT, FIX EXT MKT IDX IPR, FID INTL INDEX IPS? Like 40, 40, 20? It will depend on your total AA and what other retirement assets are included, but Institutional Index is 80% of stocks and Extended Market is 20% so in your 401k that's how you'd break i...
by Duckie
Mon Jan 15, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie - Company 401k Fund selection
Replies: 8
Views: 472

Re: Newbie - Company 401k Fund selection

Dishums , welcome to the forum. Options include The best options are: VANG INST INDEX CIT 0.014% -- Large caps, 80% of US stocks FID EXT MKT IDX IPR (FSMAX) 0.045% -- Mid/small caps, 20% of US stocks FID INTL INDEX IPR (FSPSX) 0.045% -- Developed markets, ~75% of international stocks VANG TOT BD MK...
by Duckie
Mon Jan 15, 2018 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: 29 years old, newly married. Need help allocating ~$3300/month
Replies: 8
Views: 1384

Re: 29 years old, newly married. Need help allocating ~$3300/month

Lrt12 , welcome to the forum. After maximizing tax advantaged space listed above, we will have ~$3300 additional each month to invest. I welcome thoughts as to the best way to allocate these funds. In a taxable account for long-term investing the best options are a total US stock index fund and/or ...
by Duckie
Sun Jan 14, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: Invested in ROTH IRA but I appear to have crossed $186K mark
Replies: 15
Views: 2133

Re: Invested in ROTH IRA but I appear to have crossed $186K mark

What do you mean by recharacterize? It's like a do-over. They contact their TIRA custodian and say they want the $5,500 TIRA contributions plus earnings "recharacterized" to Roth IRAs. It will be as if they contributed to the Roth IRAs in the first place. They'll have to add a statement saying what...
by Duckie
Sun Jan 14, 2018 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Asset Allocation Advice
Replies: 5
Views: 457

Re: 401k Asset Allocation Advice

I enrolled in my 401k at work about nine months ago and have 4.000 in a Roth of which I’m contributing 50% of my check. Are you contributing to a Roth 401k account instead of a pre-tax 401k account? Or is the above Roth a Roth IRA? Is 50% a typo? This puts me at 65% stocks and 35% bonds approximate...
by Duckie
Sun Jan 14, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Unwinding Stocks - Where to Start?
Replies: 21
Views: 1308

Re: Unwinding Stocks - Where to Start?

Any thoughts on which stocks to unwind first and recommendations for an overall strategy are appreciated. You could sell all of: Danone DANOY $6,691 General Motors GM $9,489 Intel INTC $7,251 JPMorgan JPM $15,676 Qualcomm QCOM $6,879 For a total gain of $45,986 and reduce the stocks owned from 20 t...
by Duckie
Sun Jan 14, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Retirement Options
Replies: 6
Views: 701

Re: Help with Retirement Options

Age: 30 (Wife 29) Desired Asset allocation: 100% stocks / 0% bonds I very much disagree with 0% bonds. Funds available from her previous employer at Fidelity 403(b) The best options are: Fidelity 500 Index FUSVX 0.04% -- Large caps, 80% of US stocks Fidelity Extended Market Index FSEVX 0.07% -- Mid...
by Duckie
Sun Jan 14, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Very Small Companies and HCE Tests
Replies: 3
Views: 343

Re: Very Small Companies and HCE Tests

Lodneg, welcome to the forum.
Lodneg wrote:I am exploring options for retirement savings, and discovered HCE (highly compensated employee) rules for 401(k) plans.
There are "Safe Harbor 401k plans" that might be suitable.

IRS 401(k) Plan Overview
Safe Harbor 401(k) Plans: Answers To Common Questions
by Duckie
Sun Jan 14, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: Invested in ROTH IRA but I appear to have crossed $186K mark
Replies: 15
Views: 2133

Re: Invested in ROTH IRA but I appear to have crossed $186K mark

In this particular case you brought up, a MFJ at income of 100K but had already contributed to traditional IRA 2x$5,500, what is the work involved to claim tax benefit on 2x$5,500 after converting to ROTH IRAs? Just 8606 form? Anything else? What exactly do you mean by "tax benefit"? Do you mean a ...
by Duckie
Sun Jan 14, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on my calculations for Solo 401k?
Replies: 8
Views: 567

Re: Confirmation on my calculations for Solo 401k?

DavidRoseMountain wrote:To calculate the self employment, I think you first have to multiply the net business profit by .9235.
nolesrule wrote:I think you forgot to multiply the Net profit by 0.9235 before calculating the SE taxes.
My mistake. I forgot about that calculation.
by Duckie
Sat Jan 13, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Advice with Traditional IRA
Replies: 3
Views: 260

Re: Advice with Traditional IRA

I made a non deductible contritibution at the end of 2017($5500) and recently made my non deductible 2018 contribution($5500) . My original plan was to backdoor the whole thing into the roth and just pay the taxes now. Before I do that I want to make sure I can't just roll the non deductible $11000...
by Duckie
Sat Jan 13, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roll SGENX to Thrift Savings
Replies: 15
Views: 626

Re: Roll SGENX to Thrift Savings

Is there any benefit to rolling my First Eagle SGENX traditional IRA over to my TSP? The TSP is not an IRA but you are allowed to roll TIRA cash assets over to a Thrift Savings Plan. You are also allowed to roll TIRA assets from one custodian to another. You could sell SGENX at your current custodi...
by Duckie
Sat Jan 13, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Confirmation on my calculations for Solo 401k?
Replies: 8
Views: 567

Re: Confirmation on my calculations for Solo 401k?

If I have Self Employed profit of $75,000, and I have made $18,000 Elective deferrals for EmployEE side, my maximum plan contribution for the year would be $31,940. (accounting for $5,299 deduction for Self Employment Tax.) Therefore my Max Profit Sharing for EmployER side would be $13,940? (Catchu...
by Duckie
Sat Jan 13, 2018 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Allocation Advice Needed
Replies: 7
Views: 449

Re: 401k Allocation Advice Needed

For the sake of simplicity I like the idea of just of mirroring a similar allocation for my wife’s accounts. The problem with that is you can get to the cheaper Admiral/Premium class of shares faster if you only have one fund in a small account. Picking the best/cheapest options in each account ins...
by Duckie
Fri Jan 12, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401K for rental property (but employed fulltime)
Replies: 3
Views: 341

Re: Solo 401K for rental property (but employed fulltime)

I am wondering if I can own solo 401k for profit i earn from rental property. Most of the time income from rental property is considered "passive" and is reported on Schedule E. In that case it is not considered "compensation" and does not qualify for a solo 401k. Is it possible to send my rental p...
by Duckie
Fri Jan 12, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Distribution or W2 from single owner S-Corp
Replies: 22
Views: 843

Re: Distribution or W2 from single owner S-Corp

Me and my wife both have W2 jobs and max 401k, as well as backdoor Roths <snip> in this scenario can contribute to SEP IRA about 25% of my W2 through business though haven't contributed yet If you have a SEP IRA you will not be able to use the backdoor method. Your wife will. If you do not have any...
by Duckie
Fri Jan 12, 2018 5:39 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth with AGI within phase out limits
Replies: 9
Views: 754

Re: Backdoor Roth with AGI within phase out limits

WhiteMaxima wrote:Which tax form shall I use to file tax return?
When making a non-deductible contribution to a TIRA or converting to a Roth IRA you always need to add IRS Form 8606 when filing your taxes. Fill out Part I for the non-deductible contribution and Part II for the conversion.
by Duckie
Fri Jan 12, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: How do I switch from Ameriprise to an index fund approach
Replies: 4
Views: 455

Re: How do I switch from Ameriprise to an index fund approach

I filled in some blanks. <snip> As far as your question about the REIT and the Annuity here is what I can tell you. My wife changed jobs and the money from her 401K went into two accounts a REIT and an IRA account. The annuity was purchased in the amount of 100,000 when we sold our cabin. At the ti...
by Duckie
Fri Jan 12, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing funds for 401k
Replies: 31
Views: 1882

Re: Choosing funds for 401k

Since both VNQ and BND have losses, sell them immediately. They don't belong in a taxable account. I'd sell CGMRX now, even with the small short-term gain. Ok, is there a specific method to sell? Market, Limit, Stop, that kind of thing? I've always used Market because I wasn't picky. Others on this...
by Duckie
Thu Jan 11, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Ticker Symbols on 401k Northern Trust Funds
Replies: 15
Views: 10501

Re: Help with Ticker Symbols on 401k Northern Trust Funds

Also, to continue with my research (in case I want to transfer to some of these funds), how do you find the actual funds or equivalents? You get your specific funds from your 457 plan. But you can find other employer plans' funds with Google. I already knew the equivalents (except for Schroeders). ...
by Duckie
Thu Jan 11, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: brokerage account conversion
Replies: 10
Views: 823

Re: brokerage account conversion

I did roll the 401K into the 403b to make it simpler to manage. So now you have: Taxable at Vanguard -- 5% His 403b at Fidelity (including old 401k) -- 26% Her 403b at Vanguard -- 41% Her 401a at Vanguard -- 16% His Traditional IRA at Vanguard -- 7% Her Traditional IRA at Vanguard -- 5% I've listed...
by Duckie
Thu Jan 11, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Allocation Advice Needed
Replies: 7
Views: 449

Re: 401k Allocation Advice Needed

I was also planning on opening a solo 401k or IRA for my self-employed spouse. You and your spouse can each contribute up to $5.5K to a personal IRA. (You can still contribute for 2017.) Your spouse can contribute to a solo 401k up to $18.5K as the employEE plus ~20% of net income as the employER. ...
by Duckie
Wed Jan 10, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Allocation Advice Needed
Replies: 7
Views: 449

Re: 401k Allocation Advice Needed

Renton , welcome to the forum. Hey all I am looking for some advice on how to approximate a three fund portfolio with the funds available to me through my 401k. I am 28 years old and married with no kids. Well, you picked the best options. VFIAX is about 80% of US stocks and VSMAX about 14%. An 85/...
by Duckie
Wed Jan 10, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA to 401k
Replies: 8
Views: 370

Re: Rollover IRA to 401k

s there any reason why this would not be a good idea? This is a good idea. You have some good, low-cost index funds in the 401k. The best options are: S&P 500 Index 0.02% -- Large caps, 80% of US stocks Small Company Value Index 0.05% -- Small cap value International Equity Index 0.05% -- Possibly ...
by Duckie
Wed Jan 10, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 4
Views: 469

Re: Portfolio Review

Marjou , welcome to the forum. Age: 38, 44 Desired Asset allocation: 70% stocks / 30% bonds Desired International allocation: 30% of stocks Reasonable for your ages. This breaks down to 49% US stocks, 21% international stocks, and 30% bonds. We would like to move towards a simpler 3 fund portfolio ...
by Duckie
Wed Jan 10, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA and Spousal Backdoor Roth
Replies: 1
Views: 110

Re: SIMPLE IRA and Spousal Backdoor Roth

kevin2martin , welcome to the forum. My question is, if I personally were to have funds a SIMPLE IRA and didn’t want to deal with the pro rata rule for backdoor Roth conversions, I would personally avoid doing a backdoor Roth, but could I still do a $5,500 backdoor Roth contribution for my spouse g...
by Duckie
Wed Jan 10, 2018 6:07 pm
Forum: Personal Consumer Issues
Topic: Help gmail security question
Replies: 27
Views: 1511

Re: Help gmail security question

I got five emails like this put thought they were phishing. They looked like they were from google. I did not click on any of them. You received this message because xxx@xxxxxxx(my email) is listed as the recovery email for aaa@aaaaaa. If aaa@aaaaaa is not your Google Account, click here to disconn...
by Duckie
Wed Jan 10, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing funds for 401k
Replies: 31
Views: 1882

Re: Choosing funds for 401k

I looked up my cost basis. It loses the formatting when I try to publish it, sorry. To get tables in proper columns you have to use special coding. Here is an example. To see the actual coding click on the "quote" symbol. When doing this you have to use the Preview button often. Taxable: Make sure ...
by Duckie
Tue Jan 09, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Please help my backdoor Roth IRA process better next year
Replies: 15
Views: 911

Re: Please help my backdoor Roth IRA process better next year

WanderingDoc wrote:What gives? What should I be doing about this. I didn't think I would have any money in the trad. IRA after transfer.
If the $1.27 is still there next week you can just convert it, too.
by Duckie
Tue Jan 09, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Fund/ETF for Taxable Schwab
Replies: 4
Views: 445

Re: Muni Fund/ETF for Taxable Schwab

So we need to select a mini fund or ETF for our Schwab taxable account. We have $40k to invest. We used to have TFI but I wasn’t too impressed with it. What would you gurus recommend for munis? It's going to depend on whether you want national or state munis. Here's the Schwab Basic Fund Screener :...
by Duckie
Tue Jan 09, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: New Year new portfolio/plan and need your help
Replies: 4
Views: 455

Re: New Year new portfolio/plan and need your help

My main question for everyone is what should we do with our current Roth accounts through our FA. The current plan is to transfer to vanguard and plug it into an 80/20 S:B ratio with 80% of stocks in Total US market, 20 in Total foreign, and the bonds just in a total bond market. Would any of you a...
by Duckie
Tue Jan 09, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing funds for 401k
Replies: 31
Views: 1882

Re: Choosing funds for 401k

You can see that my current allocation is haphazard and overcomplicated. I want to consolidate to the three-fund portfolio but minimize the tax from buying and selling. I think it's been over a year for most of the funds so I'm wondering if I should just go ahead and start consolidating. It's a mes...
by Duckie
Mon Jan 08, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: How do I switch from Ameriprise to an index fund approach
Replies: 4
Views: 455

Re: How do I switch from Ameriprise to an index fund approach

Age:52 Desired Asset allocation: 60% stocks / 40% bonds? Reasonable for your age. Desired International allocation: 10% of stocks? Vanguard has found between 20% and 40% of stocks in international to be the "sweet spot". See the Vanguard paper link and the discussion . I usually split the differenc...
by Duckie
Mon Jan 08, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: newbie help: how to invest a 200k windfall
Replies: 12
Views: 931

Re: newbie help: how to invest a 200k windfall

What are the gains/losses in the three current taxable assets? You need to know what the tax consequences would be if you sold. I'd sell them if the tax-hit isn't too bad. Gains of roughly $12k (1k short-term; 11k long-term). Would you consider this "not too bad"? It that's the total, that's defini...
by Duckie
Sun Jan 07, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: newbie help: how to invest a 200k windfall
Replies: 12
Views: 931

Re: newbie help: how to invest a 200k windfall

Rosie9491 , welcome to the forum. I recently inherited some money, a big chunk of which ($200k) I am planning to add to my VG taxable account. Will this $200K be all for retirement or will some of it have a different purpose/time-frame? However now that so much money is coming in all at once, I am ...
by Duckie
Sun Jan 07, 2018 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA question
Replies: 2
Views: 291

Re: Backdoor Roth IRA question

To make backdoor ROTH IRA tax free- should both of us move our Traditional IRAs to our 401Ks? If allowed, yes. If yes, is this a simple procedure or has any implications? It's usually not that difficult but it can sometimes take a few weeks. In my case in which 401K I should move funds to (my emplo...
by Duckie
Sun Jan 07, 2018 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing funds for 401k
Replies: 31
Views: 1882

Re: Choosing funds for 401k

I'm a 24 year old and thinking about changing my allocations in my 401k contribution. Current percentage allocation is shown. I also have a maxed out Roth IRA and just opened a Traditional IRA for this year. There I have a lot of Vanguard ETFs but am planning to consolidate to a three-fund portfoli...