Search found 1288 matches

by Cash
Wed Mar 31, 2010 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Trade - Wells Fargo
Replies: 141
Views: 20939

Re: Wellstrade/Wells Fargo

Or just search here, as many posters are using WellsTrade and can fill you in on any fees and/or how to avoid them. Personally, I have not paid a fee yet. I don't actually use my linked PMA checking account, and learned that I should have at least one transaction there each year to keep it active. ...
by Cash
Wed Mar 31, 2010 5:32 am
Forum: Investing - Help with Personal Investments
Topic: Pay of Student Loan Debt or Maximize my IRA Contribution?
Replies: 14
Views: 2256

What's the salary outlook for your field? You might want to contribute to the Roth to maintain the tax-advantaged space for later on. The conventional wisdom is to contribute to your 401(k) up to the company match, then do the IRA, then go back to the 401(k) once that is maxed out. That said, you sh...
by Cash
Tue Mar 30, 2010 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: How would you characterize VIEIX?
Replies: 2
Views: 928

Thanks, livesoft! That's the conclusion I'd pretty much reached as well, but I wanted to hear from others. Back to the drawing board...
by Cash
Tue Mar 30, 2010 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: How would you characterize VIEIX?
Replies: 2
Views: 928

How would you characterize VIEIX?

I'm working on my portfolio allocation, and I'm stumped over how to characterize Vanguard Extended Market Index (VIEIX). Should I put it in my large cap allocation or my small cap allocation? I'm currently splitting it half and half. Here's its composition according to Morningstar: Giant 0.00 Large ...
by Cash
Thu Mar 25, 2010 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Advice Rebalancing VG Retirement Portfolio
Replies: 15
Views: 3414

There are not many good choices for int'l small cap value. There is the DFA fund DISVX, then there are the also-rans: http://www.altruistfa.com/Intlsmallcapfunds.htm Can you suggest a fund? I have been considering the Schwab Fundamental Intl. Sm-Md. Co. Idex Fund (SFILX). I was just wondering if yo...
by Cash
Thu Mar 25, 2010 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Advice Rebalancing VG Retirement Portfolio
Replies: 15
Views: 3414

Since I have already proposed 2 portfolios (Target Retirement and a 4-fund portfolio), I thought I would go ahead and add a 3rd portfolio for folks who like to slice-and-dice their equities some more and who wish to tilt to small cap and value equities. The reasons to tilt to small cap and value ha...
by Cash
Thu Mar 25, 2010 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Taxable House Fund Question
Replies: 14
Views: 1650

To get the ball rolling, your percentages, as far as I can tell, add up to only 79%. Where is the other 21%? In cash? The offerings in your 401k, besides being vague, seem to be on the expensive side. I would probably focus on the large cap value and stable value funds, then use your IRA to diversif...
by Cash
Wed Mar 24, 2010 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Basics on ETF buying and using TDA interface
Replies: 20
Views: 1891

livesoft, do you think using Level II quotes will make a meaningful difference in ETF acquisition? It almost seems to be losing the forest for the trees.
by Cash
Wed Mar 24, 2010 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 9098

Re: Retirement and Taxable Account advice for a young guy

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. Most investing advice here concerns long-term...
by Cash
Wed Mar 24, 2010 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: newbie needing portfolio advice
Replies: 23
Views: 3322

If you get divorced, isn't it pretty standard to allocate the house/mortgage to one person? I don't think it is "standard"--it is up to negotiation between the parties. But let's assume that the mortgage is "allocated" to one party. That means nothing to the mortgage lender. They don't care, and th...
by Cash
Wed Mar 24, 2010 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: newbie needing portfolio advice
Replies: 23
Views: 3322

Wouldn't that depend on who holds the house and the mortgage, what if both are held jointly? Consider this hypothetical. You are jointly responsible for a $500k mortgage with your wife, and you get divorced. Your mortgage lender will not care that your wife is also responsible, they will only care ...
by Cash
Wed Mar 24, 2010 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Safe place for emergency fund at WellsTrade?
Replies: 11
Views: 2241

I agree with livesoft that an in-kind transfer would be easiest. I started the process on Monday, and it's still ongoing, but it basically involved just faxing in their account transfer form along with the most recent statement from the account you're transferring from. My understanding from reading...
by Cash
Tue Mar 23, 2010 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Late 20s, portfolio is mostly cash, what to do now?
Replies: 19
Views: 4737

How much of your desire to pick up the pace is dictated by triple-digit increases in the market like today? That's what gets a lot of people. I personally like to see that I'm putting in money on the way down. Regular DCAing mitigates emotional investing both ways.
by Cash
Tue Mar 23, 2010 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: REIT fund question
Replies: 8
Views: 2106

Cruncher, report back if you find anything interesting. I currently use VNQ (the ETF for VGSIX) for my REIT allocation, but am seriously considering putting half in the SPDR Dow Jones International Real Estate ETF (RWX), which tracks the Dow Jones Global ex-U.S. Select Real Estate Securities Index....
by Cash
Tue Mar 23, 2010 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: REIT fund question
Replies: 8
Views: 2106

Cruncher, report back if you find anything interesting. I currently use VNQ (the ETF for VGSIX) for my REIT allocation, but am seriously considering putting half in the SPDR Dow Jones International Real Estate ETF (RWX), which tracks the Dow Jones Global ex-U.S. Select Real Estate Securities Index. ...
by Cash
Mon Mar 22, 2010 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Get rid of my HSA?
Replies: 0
Views: 747

Get rid of my HSA?

Yes, another HSA question... During a job that I had for one year, I was able to contribute $2000 to an HSA. However, an HSA is not an option with my current job (only FSA), and the new health care bill likely means I will not be able to contribute additional funds to one in the foreseeable future. ...
by Cash
Mon Mar 22, 2010 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help
Replies: 10
Views: 1378

You will also need to provide the expense ratios for the other options in your 401(k), but I suspect the Spartan 500 fund will be the cheapest. I further suspect that your recommended allocation will involve contributing exclusively to the Spartan 500 fund in your 401(k), then using your IRAs to div...
by Cash
Mon Mar 22, 2010 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help
Replies: 10
Views: 1378

Please edit to provide the expense ratios for the funds you've listed.
by Cash
Sun Mar 21, 2010 6:03 am
Forum: Investing - Help with Personal Investments
Topic: 27 yr old with first real job
Replies: 7
Views: 1918

How much of your checking is for emergency funds, what's your desired allocation, etc.? See here: http://www.bogleheads.org/forum/viewtopic.php?t=6212
by Cash
Sat Mar 20, 2010 7:19 am
Forum: Investing - Theory, News & General
Topic: Dr. Michael Burry- the physician who diagnosed subprime
Replies: 77
Views: 16749

I loved the article, good to see it getting a wide audience. I did notice that Burry seemed to have made some disparaging remarks about Vanguard's index funds and that their had been some legal action over that. Does anyone know what Burry had written? I imagine a diatribe about index investors bei...
by Cash
Sat Mar 20, 2010 6:43 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum or DCA?
Replies: 26
Views: 2983

If you're one of the tiny fraction of the population that is actually rational, then you should regret opportunity cost as much as real cost. In this case, there is no reason not to lump sum. Doesn't that imply that opportunity cost is always positive? If you calculate the opportunity cost to be ne...
by Cash
Thu Mar 18, 2010 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: 26 Year Old- Looking to Start a ROTH Debating Which company
Replies: 31
Views: 4097

Welcome to the forum. Like you, my family struggled, and I'm really the first one to make saving for retirement a priority, so I commend your efforts. In fact, I'm 28 and only started saving in November, so we're kind of in the same boat. I chose Schwab for the same reasons you cited. When you're r...
by Cash
Thu Mar 18, 2010 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Lump Sum or DCA?
Replies: 26
Views: 2983

I asked the same question before and I got the advice to go all in immediately, which I decided to follow but then did not so I ended up DCAing which I regretted as I should have gone all in the way I originally planned and got the advice... And I did the same thing at the height of the market in 2...
by Cash
Wed Mar 17, 2010 11:59 am
Forum: Investing - Theory, News & General
Topic: high fee brokers survival (i.e. wachovia/wells fargo)?
Replies: 22
Views: 3609

It appears that Bank of America is doing about the same as Wells Fargo now. No, BofA wants you to keep $25K parked in an account "not in line with your portfolio objectives" (ie checkings or savings account). Wells Fargo has $25k minimum, but you can park it where you want so long as it is with Wel...
by Cash
Tue Mar 16, 2010 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Trade - Wells Fargo
Replies: 141
Views: 20939

Re: Wells Trade - Wells Fargo

Yeah I'm not leaving because of any dissatisfaction with Schwab. I just like the idea of a) having all of my accounts in one place (I also have other brokerage accounts at Zecco and Vanguard) and b) the flexibility of 100 free trades. I will probably continue to invest primarily in Schwab and Vangu...
by Cash
Tue Mar 16, 2010 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Trade - Wells Fargo
Replies: 141
Views: 20939

Re: Wells Trade - Wells Fargo

Cash, I left because I was consolidating my trad IRA and then converting it into the Roth IRA with Vanguard. You might want to read the following http://www.indextown.com/archives/2010/01/15/adios-to-wells-trade/ As for my taxable account, I zeroed it out last year to take advantage of the spread b...
by Cash
Tue Mar 16, 2010 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Trade - Wells Fargo
Replies: 141
Views: 20939

Have you asked Well Fargo whether they would reimburse Schwab's account closing fee? Regarding Wells Fargo's account closing fee, tricks have been described on how to avoid it. I think I've figured out a way to avoid Schwab's: just do a rollover (i.e., liquidate everything, then write a check for t...
by Cash
Tue Mar 16, 2010 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Trade - Wells Fargo
Replies: 141
Views: 20939

Re: Wells Trade - Wells Fargo

If one decides to close Wells Trade account - Do they hit you with a exit fee due to balance being under 25K ? I see that nobody has answered this. I closed out my Wells Fargo accounts (IRA,taxable,PMA) recently. The way to do it is to close out the PMA account first when overall the account still ...
by Cash
Tue Mar 16, 2010 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Trade - Wells Fargo
Replies: 141
Views: 20939

Do you guys think it is worth paying $50 to transfer my IRA from Schwab to WF?
by Cash
Mon Mar 15, 2010 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: 24 Starting Out... Where to go from here?
Replies: 5
Views: 1166

I'm a bit surprised that folks recommend so much in bonds... I thought generally the rule of thumb was when your younger put most of it into stocks and move into bonds as you get older and older... I was thinking of not doing bonds really until I was about 30 and concentrating on higher risk option...
by Cash
Mon Mar 15, 2010 6:20 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA contributions due to loophole?
Replies: 7
Views: 1812

You have to pay taxes on any gains during the pre-conversion period. This has been discussed many times before.
by Cash
Sat Mar 13, 2010 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for young newlyweds
Replies: 5
Views: 1808

Laura and Landy--thank you both very much for your suggestions. Laura, that was my impression as well upon learning of my 401(k) choices: nice that they included some low-cost index funds, but unfortunate in that they largely overlap with my wife's. Landy, I currently have the Roth IRAs with Schwab ...
by Cash
Sat Mar 13, 2010 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for young newlyweds
Replies: 5
Views: 1808

Re: Portfolio advice for young newlyweds

3. Should I contribute $10k to a Roth IRA (conversion) next year, or pay down the loans? I am leaning toward the former, since I will hopefully have paid off my two highest-rate loans by then, and the rest will be in the 4-5% range. I have a similar tax rate and student loan profile, and am maxing ...
by Cash
Sat Mar 13, 2010 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for young newlyweds
Replies: 5
Views: 1808

Portfolio advice for young newlyweds

My wife and I got married recently, and although I am the primary reason she has invested at all and have managed her portfolios for the past couple of years, I have not really viewed them as a cohesive whole until now. Your advice would be appreciated. Here is the info: Emergency funds = 5 months o...
by Cash
Fri Mar 12, 2010 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to move out of mutual funds and into indiv. stocks?
Replies: 61
Views: 7735

Ah, so you're in my second phase as noted above. Good luck, and we'll see you in a couple of years :)
by Cash
Thu Mar 11, 2010 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to move out of mutual funds and into indiv. stocks?
Replies: 61
Views: 7735

Pretty much everybody goes through this phase, I know I did when I was 24. I was arrogant because I was smart and well educated, but ignorant, because frankly financial education in this country is a joke and, for the most part, dictated by the financial institutions that are built to profit from t...
by Cash
Wed Mar 10, 2010 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Ready to move out of mutual funds and into indiv. stocks?
Replies: 61
Views: 7735

I would not "play" in a Roth IRA. The future-tax-free characteristics of a Roth are too precious to lose money in it. There is no easy way to top it up after losses because of the contribution restrictions. And you cannot deduct losses in the Roth IRA from your taxes. Point taken. I was primarily t...
by Cash
Wed Mar 10, 2010 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Ready to move out of mutual funds and into indiv. stocks?
Replies: 61
Views: 7735

I agree with the others that you should definitely stop playing around with your parents' money. Post the options available in their retirement accounts, get advice on establishing a nice allocation, and leave it alone. Now, as for your money, I'm also young (26) and recently had the "play the marke...