Search found 1742 matches

by BW1985
Wed Apr 14, 2010 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: paper ibonds
Replies: 17
Views: 3451

Thanks guys. I'm now considering having my two parents and grandma purchase bonds which would allow me to put 20k in bonds this year as my house down payment fund. One other question I had- There was another thread about buying them now or waiting until May when the rate changes. I don't understand ...
by BW1985
Wed Apr 14, 2010 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: paper ibonds
Replies: 17
Views: 3451

Can you be named as a co-owner on another persons paper bond if you've already bought one in the same year? For example, if I bought a 5k paper bond could I then give my sister 5k to purchase a bond that she puts in both of our names? (and then she would give the bond to me)
by BW1985
Mon Apr 12, 2010 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Quitting First Job - Investment and 401(k) Rollover Advice
Replies: 4
Views: 1662

Just curious, what kind of job do you have that makes that kind of salary at 25? That's awesome! And how did you get that much money in your 401k at 25yrs old? Seeing as there is a yearly cap I don't see how you did this. Oh and the second part of your #4 question - there's a discussion about this i...
by BW1985
Mon Apr 12, 2010 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Please Help New Boglehead in the Making
Replies: 22
Views: 2775

Thanks everyone for your responses. What are some reasons why I would want to put my money with Vanguard versus the Schwab index funds mentioned in the original post? I am having trouble distinguishing between index funds beyond the built-in rebalancing with the Vanguard TR funds. Have you checked ...
by BW1985
Sat Apr 10, 2010 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: 24 y/o investor, new 401k advice (lots of vanguard funds!)
Replies: 11
Views: 2637

Re: On the topic of maxing out your Roth 401K

Hi, This may sound paranoid to you, but here is the point. You are very young. You have over forty years until retirement. A Roth IRA means no long-term income for the government. When you use a Roth at your age you are betting that Roth IRAs are still going to be around 20 Congresses from now (Con...
by BW1985
Sat Apr 10, 2010 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Last-minute decision to fund Roth IRA for 2009 - help!
Replies: 14
Views: 2242

I also opened a Roth at Vanguard last year and it was very fast, had it funded in a couple days. She should go online and fill out the paperwork now then just wait next week while her funding acct is verified and money withdrawn.
by BW1985
Mon Apr 05, 2010 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Large CD Maturing...What to Do?
Replies: 21
Views: 5457

Ally's withdraw policy is really great. Chase is also 3% BUT charges an entire years worth of interest + $25 flat fee to withdraw early!
by BW1985
Fri Apr 02, 2010 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Large CD Maturing...What to Do?
Replies: 21
Views: 5457

wannabe_CPA wrote: If things have changed somehow, and you became more risk tolerant for instance, then it's probably more sensible to buy something a bit riskier.
Could you elaborate on what the riskier options are that you're suggesting?
by BW1985
Thu Apr 01, 2010 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice for 23 yr old
Replies: 33
Views: 4835

Re: Portfolio Advice for 23 yr old

It isn't possible for me to contribute the maximum $16.5k per year right now. The most I can do is 25% of my paycheck. This will total to $7.8k per year. Is it wise to make the contributions such a large percent of my overall paycheck? Currently, it's not a problem because I am able to live at home...
by BW1985
Thu Apr 01, 2010 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Need assistance designing my first investment portfolio!! :)
Replies: 10
Views: 1985

25% Vanguard Total Bond Market Index (VBMFX) - hold in Roth Dan, If the OP doesn't have a tax-deferred account (401k, 403b, etc) that would normally hold the bonds, keep the bonds in taxable and put stocks in the Roth since they will grow more than the bonds. Use the tax-free benefits of the Roth f...
by BW1985
Wed Mar 31, 2010 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard stock funds in taxable accounts?
Replies: 59
Views: 9567

Re: Vanguard stock funds in taxable accounts?

Wannaretireearly wrote: 3. I *think* I have used all of my tax advantaged accounts (401k & 529). I don’t believe I qualify for Roth IRA or standard deduction IRA, based on income. Am I missing any tax advantaged opportunities here?
I thought the income restriction was removed starting in 2010?
by BW1985
Wed Mar 31, 2010 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

BW1985 wrote:
Is that because the Signal class is only offered in the 401k?
I guess this is true, I tried to exchange into it in my Roth and it was not available.

What's so special about Signal class?
by BW1985
Tue Mar 30, 2010 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Pay of Student Loan Debt or Maximize my IRA Contribution?
Replies: 14
Views: 2261

If it was at a lower interest rate like 2-3% I'd go the 'max Roth' route but at almost 7% I would try to pay that off as fast as possible. That seems pretty high for a student loan.
by BW1985
Tue Mar 30, 2010 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

ruralavalon wrote: The reason is to allow full use of the ultra-low expense Signal class shares of other funds in the 401k.

If you later decide to use the Roth space for something else, you can make the change later.
Is that because the Signal class is only offered in the 401k?
by BW1985
Mon Mar 29, 2010 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

rural - is there a reason you put Vanguard Inflation-Protect Sec Inv, VIPSX in the Roth instead of the 401k? I would prefer it in the 401k since it is offered there which provides more flexibility in the Roth space later.

Appreciate your help.
by BW1985
Mon Mar 29, 2010 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

How long do you have until 1 year is up? Assuming you are moving from the Primecap to one of the index funds, you will be saving approx .4% on the expense ratio for the year. So, when you net that against the 1% redemption fee, the total "cost" of a change would be .6%. On $6k, that would end up be...
by BW1985
Sat Mar 27, 2010 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Thanks Brian's. (I'm Brian too) The 16,500 limit is for MY contributions and does not include any employer match, correct? So 16,500 + any employer match would be max possible per year? Also, another question I have is that own 6k worth of VPMCX currently in my 401k and there is a 1% redemption fee ...
by BW1985
Sat Mar 27, 2010 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Can I still max out my 401k contribution for 2009 or is that option only for IRA's?

I'm on VG's website right now and can't find any option to add money into it.
by BW1985
Sat Mar 27, 2010 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

YoungMiser wrote: What's the reason you're going with ETFs instead of funds, especially if this money is meant to be used in the relatively short term?
They're just another option instead of index mutual funds, except they don't have the minimums required.
by BW1985
Sat Mar 27, 2010 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on investing in-laws gift
Replies: 19
Views: 2259

Re: Need advice on investing in-laws gift

There are those of us who are taxpayers, including me, who feel quite strongly that you should return the gift and suggest they spend the funds on their care before applying for Medicaid. You are asking us how to defraud the government so that we can support those who have done so. Bruce In princip...
by BW1985
Sat Mar 27, 2010 10:03 am
Forum: Investing - Theory, News & General
Topic: Question for Bogleheads: Emergency Fund location ?
Replies: 64
Views: 11277

Snowjob wrote:Taxable account at InteractiveBrokers.

I have never owned a savings account in my life.
What are the investments in this account?
by BW1985
Sat Mar 27, 2010 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Best Way to Pay for an MBA?
Replies: 38
Views: 5708

So your boss 'wants you to get an MBA' but the company only pays 3 measly classes a year? Maybe you can go back to your boss and say you're up for it, but can we work out something better than 3 classes/yr? I wouldn't drag it out like that over 5 years. There are companies out there like mine that d...
by BW1985
Fri Mar 26, 2010 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Pay for an MBA?
Replies: 38
Views: 5708

My boss also wants me to get my MBA. I am 24 turning 25 this year...it will take me until I'm in my late twenties or early thirties. What I'm more concerned about is giving up my time...will I lose my youth chasing after the wind? I have no doubt about my capabilities...it's just that I feel like t...
by BW1985
Fri Mar 26, 2010 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Taxable House Fund Question
Replies: 14
Views: 1661

No advice ussually means one is doing things right, but I have a feeling that is not the case for me. lol Why didn't you post all the fund offerings in your 401k? People can't make recommendations if they don't know what's available right? Also, nice job putting 16k into your 401k at 25 yrs old. Wh...
by BW1985
Fri Mar 26, 2010 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

It appears some lessons can only be learned the hard way. I think you took me the wrong way, I just meant decide if I want to invest it long term or keep it as a possilbe house down payment within the next 5 years - in which case the money should not go into the taxable acct you outlined above, cor...
by BW1985
Fri Mar 26, 2010 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Wow thanks for the advice guys. I guess I just need to decide now whether or not I want to include my 30k savings into long term funds or not. Thanks to you guys I have a plan outlined either way! One question I have is that own 6k worth of VPMCX currently in my 401k and there is a 1% redempiton fee...
by BW1985
Fri Mar 26, 2010 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4737

Thanks, BW, and you can call me Sophie :lol: We're having a little confusion about terms, I think. The $$ that we call the "emergency fund" is stashed in three places. About 10% is in our local CU accounts that we can tap if we need to make large unexpected cash outlays and also as a cushion agains...
by BW1985
Thu Mar 25, 2010 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4737

BW1985, you sound surprised that someone would keep an EF at Vanguard, but why? Like NightOwl we have a small cushion in our checking account but 90% of our emergency fund is at Vanguard. Re the OP's question - we held our EF more or less steady for two decades at six months of current expenses but...
by BW1985
Thu Mar 25, 2010 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

leonard wrote:One thing missing in ruralavalon's recommendation is the $30k in taxable. What percent of your total portfolio is the $30k?
its 40%

Emergency - 10k
Savings - 30k
401k - 21k
Roth - 13k
by BW1985
Thu Mar 25, 2010 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

401k (38%) 28% Vanguard 500 Index Fund Signal, VIFSX (er = 0.09%) 10% Total Bond Market Signal, VIPSX (er = 0.14%) Roth IRA (62%) 25% Total International, VGTSX (er = 0.32%) 10% Total Stock Market, VTSMX (er = 0.18%) 17% Small Cap Value, VISVX (er = 0.28%) 10% Vanguard Inflation-Protect Sec Inv, VI...
by BW1985
Thu Mar 25, 2010 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard IRA question
Replies: 3
Views: 4507

Re: Vanguard IRA question

I didn't know this was possible, but wanted to double check. In 2009, I opened a Traditional IRA at Vanguard and invested $3600 towards the REIT Index VGSIX. I can still contribute $1400 until April 15th for my 2009 Traditional IRA contributions. Recently I contributed $3000 to towards the 2010 Tra...
by BW1985
Thu Mar 25, 2010 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

ruralavalon wrote:(your 38% plus 42% do not add up to 100%, so I cannot do the percentages)
Sorry I meant 38% Roth 62% 401k
by BW1985
Thu Mar 25, 2010 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4737

ResNullius wrote:I keep most of what I consider to be emergency cash in limited term tax exempt with Vanguard. I have about $30K I keep in MM.
Could you explain this a little more? Is this a bond fund?
by BW1985
Thu Mar 25, 2010 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4737

NightOwl wrote:As another poster said, it allows me to send off all my excess to Vanguard and get it out of my checking account.

"Vanguard poor" is an awesome phrase.

NightOwl
You have your emergency fund at Vanguard??
by BW1985
Wed Mar 24, 2010 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

It seems to me you're considering money as if it must be handled on a first in, first out basis. This isn't the case though. You can use the money you're making when you're 30, 40, or 50 to enjoy yourself then. Meanwhile, you have all of the money you've saved now "frontloaded" into tax-advantaged ...
by BW1985
Wed Mar 24, 2010 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

"Seems unbalanced" doesn't feel overwhelmingly convincing. Maxing out would be putting 20k out of my 65k income per year into retirement accounts I won't touch until I'm old. That's what I meant by seems unbalanced. If you plan on being financially successful, imagine your overall financial picture...
by BW1985
Wed Mar 24, 2010 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Wow! Great to see some replies, thanks guys! I forgot to include my 401k bond funds available because I wasn't even thinking about bonds. Here they are: Vanguard Inflation-Protect Sec Inv (VIPSX) 0.25% Vanguard Total Bond Mkt Idx Signal (VBTSX) 0.14% Rural - How does this change your recommendation ...
by BW1985
Wed Mar 24, 2010 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Re: Retirement and Taxable Account advice for a young guy

ensign_lee wrote:
BW1985 wrote: Then why don't you max out a ROTH 401(k) then? That way, at least your gains won't be taxed.

Although at an effective 30% tax bracket, I really think that you should consider having a traditional 401(k),
Sorry I'm not sure what you're suggesting then, I do have a 401k and am contributing 10%.
by BW1985
Wed Mar 24, 2010 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Re: Retirement and Taxable Account advice for a young guy

knowmad wrote:Why not max out your 401k before starting a taxable account?
I don't want all my funds tied up in retirement accounts. I want immediate, intermediate and long term (retirement) funds.

I've seen that reccomendation before and it doesn't make sense to me.
by BW1985
Wed Mar 24, 2010 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 ETF vs. index fund
Replies: 14
Views: 3824

Some places off free trading of iShares ETFs if you decide to go that route, so the first point above isnt really an issue. Not saying one is better than the other, just an FYI.
by BW1985
Wed Mar 24, 2010 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9173

Retirement and Taxable Account advice for a young guy

Seeking wisdom :wink: Emergency funds = Yes Debt = None Tax Filing Status: Single Tax Rate: 25% Federal, 5% CT Age: 24 Desired Asset allocation: 100% stocks Intl allocation: 30% of stocks (is this ok?) Current portfolio: 5 figures Taxable - Nothing as of yet. Starting a brokerage acct at Fidelity bu...
by BW1985
Tue Mar 23, 2010 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice for a "gambling account".
Replies: 49
Views: 5416

I'm new here and confused as to how I should be investing if not into stocks. I'm 24 and already have all the basics down- no debt, emergency fund, 401k, Roth. I have 30k extra in savings that I don't need right now I want it to earn more than the 1.0% it gets in my savings, and I'm willing to take ...