Search found 487 matches

by KATNYC
Fri Jan 19, 2018 5:01 pm
Forum: Personal Investments
Topic: Need help investing $10K
Replies: 15
Views: 1411

Re: Need help investing $10K

Vanguard Total World Stock Index Fund Investor Shares (VTWSX) Total World Stock Index Fund provides shareholders low-cost exposure to stock markets around the globe, including the United States, developed foreign markets, and emerging markets. In addition to stock market risk, the fund is also subje...
by KATNYC
Fri Jan 19, 2018 4:53 pm
Forum: Personal Investments
Topic: Which is faster - Push or Pull - Transfer of cash into investment accounts
Replies: 19
Views: 3945

Re: Which is faster - Push or Pull - Transfer of cash into investment accounts

I think pull is faster most of the time. If you set automatic investment at Vanguard, it let you "advance" the fund to purchase fund/ETF and the fund will be settled via ACH in the next business day. Marcus by Goldman Sachs let me have effective date as the date I initiate the transfer on...
by KATNYC
Fri Jan 19, 2018 4:44 pm
Forum: Personal Investments
Topic: Which is faster - Push or Pull - Transfer of cash into investment accounts
Replies: 19
Views: 3945

Which is faster - Push or Pull - Transfer of cash into investment accounts

We are ready to set up automated transfers into various accounts: Vanguard (ROTH), Lively (HSA) and M1 Finance (taxable). The 401K is already automated through megacorp. Which is faster, pushing money from our bank every payday or having them pull funds regularly (twice per month)? Vanguard has the ...
by KATNYC
Fri Jan 19, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 4685

Re: Help Me Spend $900.00 Unused FSA Dollars

Not to get too personal but we bought condoms, first aid kits for home & both cars, sun block and bug repellant when we had leftover FSA dollars. We rarely have medical bills beyond a $319 for a replacement crown in 2017. Yes, I actually did get a few of those personal items. Well I just found ...
by KATNYC
Fri Jan 19, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 4685

Re: Help Me Spend $900.00 Unused FSA Dollars

Not to get too personal but we bought condoms, first aid kits for home & both cars, sun block and bug repellant when we had leftover FSA dollars.
We rarely have medical bills beyond a $319 for a replacement crown in 2017.
by KATNYC
Fri Jan 19, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 44
Views: 8491

Re: Someone Needs To Pay For What They Did (Advice sought)

I wouldn't approach the landlord to pay for it but instead would advise her, with backup, that it was done by her vendor while you were not at home. I'd let her know that I expect the maintenance company to pay the bill and ask if she wanted me to contact them or will she contact them on her own. I...
by KATNYC
Fri Jan 19, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Mint vs Personal Capital
Replies: 25
Views: 6794

Re: Mint vs Personal Capital

We used Mint for well over a year but it was not really helpful since there was no active budgeting, just looking overspending after the fact. We use YNAB, have for about 2 years. We use Personal Capital off and on. 401K uses CITs not mutual funds so we had to find comparable tickers to make Persona...
by KATNYC
Fri Jan 19, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 44
Views: 8491

Re: Someone Needs To Pay For What They Did (Advice sought)

I wouldn't approach the landlord to pay for it but instead would advise her, with backup, that it was done by her vendor while you were not at home. I'd let her know that I expect the maintenance company to pay the bill and ask if she wanted me to contact them or will she contact them on her own. In...
by KATNYC
Thu Jan 18, 2018 11:47 pm
Forum: Personal Investments
Topic: M1 Finance
Replies: 17
Views: 5350

Re: M1 Finance

For what it is worth, I transferred over securities from my brokerage account months ago and it went without a hitch. The iPhone app is very handy and it is easy to link a bank account for ACH deposits and transfers. I am using Wealthfront, Etrade and M1. M1 certainly gives me the most control as t...
by KATNYC
Thu Jan 18, 2018 6:59 pm
Forum: Personal Investments
Topic: Backdoor Roth in 2018. Has anything changed?
Replies: 21
Views: 6527

Re: Backdoor Roth in 2018. Has anything changed?

What's the situation with the IRS? My son doesn't qualify to contribute to a Roth because he and his wife live together and file separately since she has student loans to pay off and doesn't make more than $50,000 a year. His salary is $100,000 so because they file separately he's out of contributi...
by KATNYC
Thu Jan 18, 2018 6:46 pm
Forum: Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 3799

Re: Lets talk about some favorite index funds?

It is my GREAT honor to be the first one in this thread to say it: Vanguard Total World Stock Index Fund . The most Boglehead fund in existence. Enjoy my friends :sharebeer I am checking out the M1 Finance site and they have 9 two fund strategies with varying combos: VT - Vanguard Total World Stock...
by KATNYC
Thu Jan 18, 2018 6:42 pm
Forum: Personal Investments
Topic: M1 Finance
Replies: 17
Views: 5350

Re: M1 Finance

For what it is worth, I transferred over securities from my brokerage account months ago and it went without a hitch. The iPhone app is very handy and it is easy to link a bank account for ACH deposits and transfers. I am using Wealthfront, Etrade and M1. M1 certainly gives me the most control as t...
by KATNYC
Thu Jan 18, 2018 5:54 pm
Forum: Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 3799

Re: Lets talk about some favorite index funds?

Though I'm technically cheating and not listing all index funds, I'll share my fav index and a few others. VEMAX - Van EM index. .14 OE 20-50 (hope I'm alive 50 from now) years from today, this will prove to have the best returns! VSS - Van INt SC .13 OE (even lower with share lending). Not many lo...
by KATNYC
Thu Jan 18, 2018 5:45 pm
Forum: Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 3799

Re: Lets talk about some favorite index funds?

Being extremely new here, started a few other threads and have really been talked into trying this on my own, and been neck deep in reading for days now, I want to get the temperature of everyone here's favorite index fund? It seems Bogle and just about everyone here hates market timing, I understa...
by KATNYC
Thu Jan 18, 2018 5:22 pm
Forum: Personal Investments
Topic: Are ETFs Really That Safe?
Replies: 61
Views: 7895

Re: Are ETFs Really That Safe?

ETF Tax Efficiency ETF’s are more tax effective than mutual funds. An ETF’s ability to decrease or avoid capital gain distributions comes from two differences: Unlike mutual-funds where shares are redeemed with the Fund directly, ETF’s are traded on an exchange just like a stock. When one party sell...
by KATNYC
Thu Jan 18, 2018 4:42 pm
Forum: Personal Investments
Topic: Lets talk about some favorite index funds?
Replies: 32
Views: 3799

Re: Lets talk about some favorite index funds?

Being extremely new here, started a few other threads and have really been talked into trying this on my own, and been neck deep in reading for days now, I want to get the temperature of everyone here's favorite index fund? It seems Bogle and just about everyone here hates market timing, I understa...
by KATNYC
Thu Jan 18, 2018 3:04 pm
Forum: Personal Investments
Topic: M1 Finance
Replies: 17
Views: 5350

Re: M1 Finance

For what it is worth, I transferred over securities from my brokerage account months ago and it went without a hitch. The iPhone app is very handy and it is easy to link a bank account for ACH deposits and transfers. I am using Wealthfront, Etrade and M1. M1 certainly gives me the most control as t...
by KATNYC
Thu Jan 18, 2018 2:49 pm
Forum: Personal Investments
Topic: Automatic Investing
Replies: 11
Views: 1549

Re: Automatic Investing

I'm trying to set up tax exempt automatic transfers now to my HSA account with Lively. We already max out the 401K with automatic deductions. HR at work is giving me a hard time, replying by email that I must mean the Healthcare spending account (FSA) since megacorp doesn't have an HSA. This was in...
by KATNYC
Thu Jan 18, 2018 1:26 pm
Forum: Personal Investments
Topic: Automatic Investing
Replies: 11
Views: 1549

Re: Automatic Investing

I'm trying to set up tax exempt automatic transfers now to my HSA account with Lively. We already max out the 401K with automatic deductions. HR at work is giving me a hard time, replying by email that I must mean the Healthcare spending account (FSA) since megacorp doesn't have an HSA. This was in ...
by KATNYC
Thu Jan 18, 2018 1:55 am
Forum: Personal Finance (Not Investing)
Topic: HSA bank selection
Replies: 10
Views: 1167

Re: HSA bank selection

seawolf21 wrote: Thu Jan 18, 2018 1:31 am SelectAccount is $1/month and offers Schwab self directed (PCRA) but you need $11K minimum balance to open it. Schwab commissions also cheaper is trading equity/ETF.
$1,000 must always remain in your SelectAccount Base Savings Account.
by KATNYC
Thu Jan 18, 2018 1:49 am
Forum: Personal Finance (Not Investing)
Topic: HSA bank selection
Replies: 10
Views: 1167

Re: HSA bank selection

Thanks KATNYC! I saw Lively uses TD Ameritrade for investment, does it mean I need create a TD Ameritrade account, and Lively works as user interface with HSA features? How do I use Lively to pay medical bills? Does it provide debit card and checks? Thanks! I opened a TD account via a Lively link. ...
by KATNYC
Thu Jan 18, 2018 12:48 am
Forum: Personal Finance (Not Investing)
Topic: [Virginia] Transfer on Death Deeds .. New Husband?
Replies: 42
Views: 2223

Re: [Virginia] Transfer on Death Deeds .. New Husband?

Sorry, I don't mean to offend anyone with the 67 being considered "elderly". A previous poster was correct in that I just referred to her as being elderly because she qualifies in the county to take advantage of tax relief, which saves me about $6000 a year. I do understand that some peop...
by KATNYC
Thu Jan 18, 2018 12:30 am
Forum: Personal Finance (Not Investing)
Topic: HSA bank selection
Replies: 10
Views: 1167

Re: HSA bank selection

After significant research, we opened a family HSA with newcomer to HSA's Lively for a $2.50 per month fee (pro-rated based on when you open the account). The online features, investment options, transparent fees and simplicity of signing up and contributing funds was the driving factor. It's basica...
by KATNYC
Wed Jan 17, 2018 11:42 pm
Forum: Personal Investments
Topic: How to Invest my HSA - Lively
Replies: 32
Views: 6345

Re: How to Invest my HSA - Lively

Adding data point. Signed up at 7:24 pm after a few questions were answered in chat. Account was live same day at 11:25 pm. I emailed about 2017 activation (asked in chat earlier how to do this) and then set up my second TD Ameritrade account (can be linked to primary TD account). 2017 activation wa...
by KATNYC
Wed Jan 17, 2018 8:40 pm
Forum: Personal Investments
Topic: M1 Finance
Replies: 17
Views: 5350

Re: M1 Finance

For what it is worth, I transferred over securities from my brokerage account months ago and it went without a hitch. The iPhone app is very handy and it is easy to link a bank account for ACH deposits and transfers. I am using Wealthfront, Etrade and M1. M1 certainly gives me the most control as t...
by KATNYC
Wed Jan 17, 2018 6:25 pm
Forum: Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 5297

Re: Lost Job. Retirement/Portfolio Advice

Congratulations on accumulating your nest egg! Sorry about the job loss but you already won the investment game. :D There is no way I'd take on a new job at 58 years old with $3.5 million on hand and $2K in monthly expenses. I have been on conference calls for work for 2 days straight for over 100 p...
by KATNYC
Wed Jan 17, 2018 5:43 pm
Forum: Personal Investments
Topic: M1 Finance
Replies: 17
Views: 5350

Re: M1 Finance

I've been checking out the M1 Finance site and am intrigued. Particularly, I like the Hedge Fund pies. I set up an account to look around, have not funded it, and I am impressed. I don't use any robo service and never tried any of them but it appears that M1 is packed with features (except automated...
by KATNYC
Wed Jan 17, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Lively HSA offers first dollar investing
Replies: 350
Views: 66334

Re: New HSA provider Lively offers investments for $30/yr fee

The cheapest way to do this is to use Saturna, and buy their T Rowe Price SP 500 Index fund, there's no fee at all, the expense ratio is .21% Then when the balance on this mutual fund is high enough, (probably around $15,000) the expense ratio becomes higher than the fees charged, and then it makes...
by KATNYC
Wed Jan 17, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting Apps
Replies: 7
Views: 1305

Re: Budgeting Apps

YNAB automatically imports transactions, so what's the problem there? The specific import tool YNAB uses is 3rd party, so any import problems are more to do with the connecting financial institution than the import software. Unfortunately the system in place right now is imperfect, and all of these...
by KATNYC
Wed Jan 17, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: [Virginia] Transfer on Death Deeds .. New Husband?
Replies: 42
Views: 2223

Re: [Virginia] Transfer on Death Deeds .. New Husband?

Hello new poster here. Long time lurker but I'm about to run into a dilemma. So my mother lives in a house that is mortgaged to me yet she is on the deed. We did a quitclaim and I deeded the house back to her and then I moved out to take advantage of a tax benefit that is offered to her as long as ...
by KATNYC
Wed Jan 17, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 5635

Re: Budgeting Vs Savings Rate

I prepaid mortgage for 1/2018 in December and simply did not budget for a January 2018 payment. The money was not assigned for a double payment, but I had the money (since I made the payment) and moved cash to cover (I hate red categories). I haven't tried to make a prepayment where I needed to wai...
by KATNYC
Tue Jan 16, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 5635

Re: Budgeting Vs Savings Rate

The credit card payment category in YNAB is just a mechanic, mainly for people trying to get out of credit card debt. I find it useless for people that pay in full and have control on their spending. But the idea is essentially that since it is an envelope budgeting system, if you buy groceries on ...
by KATNYC
Tue Jan 16, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 5635

Re: Budgeting Vs Savings Rate

I prepaid mortgage for 1/2018 in December and simply did not budget for a January 2018 payment. The money was not assigned for a double payment, but I had the money (since I made the payment) and moved cash to cover (I hate red categories). I haven't tried to make a prepayment where I needed to wai...
by KATNYC
Tue Jan 16, 2018 8:41 pm
Forum: Personal Investments
Topic: Asset Allocation Calculator
Replies: 5
Views: 964

Re: Asset Allocation Calculator

I use Personal Capital. If you have the tickers, it's easy to set up.
Without tickers is a bit more work to find a comparable option. We have CITs in the 401K so have to use comparable tickers.
by KATNYC
Tue Jan 16, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: How did I do? 401K has no tickers - Used Personal Capital to simulate
Replies: 4
Views: 1009

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

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. Thank you! I ended up using VEXAX fo Small &a...
by KATNYC
Tue Jan 16, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 62
Views: 12065

Re: Do I really need a trust?

... The largest asset is our NYC apartment which I'm sure will be an issue to move into a trust since it's a coop (shares) not real property. The Board has not made a decision on which trust will be acceptable, expecting a decision by mid-March 2018 and there will certainly be fees attached even if...
by KATNYC
Tue Jan 16, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 5635

Re: Budgeting Vs Savings Rate

^ Just want to point out that I don't think Credit card payment is a budget item. It's not a real spending as it's a transfer from Cash to pay off your credit card payment. It's not affecting your P&L. Agree with you that budget helps me boost my saving rates and be creative on cutting down unn...
by KATNYC
Tue Jan 16, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 62
Views: 12065

Re: Do I really need a trust?

I can't get into it specifically on this forum without identifying myself, but I have seen a lot of DIY wills go the crapper. Families end up fighting each other over ambiguous clauses - I have seen on several occasions well over $1 million of the estate get paid to the lawyers because of poorly dr...
by KATNYC
Tue Jan 16, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: How did I do? 401K has no tickers - Used Personal Capital to simulate
Replies: 4
Views: 1009

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

See https://www.bogleheads.org/forum/viewtopic.php?t=168073#p2528751 Also, while your employer may offer CITs that are not exactly mutual funds, using ticker symbols for corresponding mutual funds (where they exist) should be representative for the purpose of determining aggregate asset allocation....
by KATNYC
Tue Jan 16, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 5635

Re: Budgeting Vs Savings Rate

Quicken doesn't do budgeting right. I have tried it for over 6 months before I decided to switch to YNAB. YNAB method is superior if you decided to start budgeting. Below is a comparison in case you became interested: Mint is telling you to budget from your "future" income that you haven'...
by KATNYC
Tue Jan 16, 2018 9:59 am
Forum: Personal Investments
Topic: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?
Replies: 5
Views: 625

Re: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?

Where are Roth IRA held at? I assumed Vanguard, so VSS in them is no-commission. I was thinking Roth sell some VTSMX and buy VSS. You can do just one Roth. That way, you can keep one fund in an account and not do 2 funds in one account. HSA buy SPTM to substitute for VTSMX sold in Roth. Yes, ROTHs ...
by KATNYC
Tue Jan 16, 2018 4:28 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 198
Views: 19214

Re: Stats on When People Take Social Security

My dad is waiting until 70. He won't ever retire though so it will be like getting a raise.
We have family members who lived to 96, 102 and 105.
by KATNYC
Tue Jan 16, 2018 4:22 am
Forum: Personal Finance (Not Investing)
Topic: How did I do? 401K has no tickers - Used Personal Capital to simulate
Replies: 4
Views: 1009

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

Since I can't sleep, I updated our old personal capital account and tried to simulate megacorp no ticker holdings. Our AA is out of whack and I wanted to see exactly where changes are needed before we make purchasing decisions for our 2017 ROTH contributions and 2017 HSA contributions. Seeing the vi...
by KATNYC
Tue Jan 16, 2018 12:15 am
Forum: Personal Investments
Topic: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?
Replies: 5
Views: 625

Re: Should we use ROTH & HSA funds for VSS/VEU - Rebalancing - Asset Allocation

If you are using TDAmeritrade for VSS, may I suggest using DLS instead? And maybe add DGS to that? They should be on the no-commission list. But I guess you are not, so nevermind. I cannot tell what's really going on. It seems you are going to convert tIRAs to Roths this month, but you are not goin...
by KATNYC
Mon Jan 15, 2018 11:51 pm
Forum: Personal Investments
Topic: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?
Replies: 5
Views: 625

Re: Should we use ROTH & HSA funds for VSS/VEU - Rebalancing - Asset Allocation

If you are using TDAmeritrade for VSS, may I suggest using DLS instead? And maybe add DGS to that? They should be on the no-commission list. But I guess you are not, so nevermind. I cannot tell what's really going on. It seems you are going to convert tIRAs to Roths this month, but you are not goin...
by KATNYC
Mon Jan 15, 2018 10:21 pm
Forum: Personal Investments
Topic: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?
Replies: 46
Views: 6789

Re: Adding 200k to Portfolio, don't want boring old VTSAX again -your criticism, suggestion for a little extra risk?

Lots of folks go with adding a small-cap value index fund and a small-cap foreign index fund. Check out VSIAX / VBR and VFSVX / VSS. (Full disclosure: These are my top two single holdings in the equity part of my portfolio.) See also: https://www.bogleheads.org/forum/viewtopic.php?t=38374 And since...
by KATNYC
Mon Jan 15, 2018 9:41 pm
Forum: Personal Investments
Topic: Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?
Replies: 5
Views: 625

Should we use ROTH & HSA funds for VSS/VEU - How often do you change your asset allocation?

Since we were both off today, we did some financial planning, paid down some student loans with paychecks that hit, and realized our asset allocation is off. After running the numbers we realize we don't have enough international exposure to hit our 70/20/10 plan (90/10). 8.23% Bonds 91.77% Stocks S...
by KATNYC
Mon Jan 15, 2018 8:36 pm
Forum: Personal Investments
Topic: Should I Diversify More than VTI? International Exposure?
Replies: 6
Views: 1355

Re: Should I Diversify More than VTI? International Exposure?

We are in need of international exposure as well and about to dump 2017 ROTH contributions into VSS and maybe HSA 2017 contributions too.
by KATNYC
Mon Jan 15, 2018 8:34 pm
Forum: Personal Investments
Topic: I'm hooked
Replies: 22
Views: 4622

Re: I'm hooked

Welcome! I feel the same way. I can't recall what brought me to the forum but I've since read the Bogleheads guide to investing (around Easter 2017) and learned more than I could have imagined from such a helpful group of people.