Search found 439 matches

by gostars
Wed Aug 22, 2018 12:45 am
Forum: Personal Investments
Topic: Help with 401K Funds - Employee Fiduciary
Replies: 6
Views: 701

Re: Help with 401K Funds - Employee Fiduciary

My understanding is that EF doesn't allow Vanguard Admiral shares to be used, only investor. Still a decent option, but not quite as good as what you have listed. I don't know if EF offers Fidelity funds, but if they do, that's the route I'd go. Fidelity's index funds crush Vanguard investor shares,...
by gostars
Wed Aug 22, 2018 12:14 am
Forum: Personal Investments
Topic: American Target date funds
Replies: 13
Views: 1293

Re: American Target date funds

Would not use them. 60% US stocks at .04, 25% SGISX at .66, and 15% RBFGX at .25 ends up at an overall ER of .2265%, so it's not even competitive solely within the available options. You could hold international in taxable or an IRA and do even better.
by gostars
Tue Aug 21, 2018 11:56 pm
Forum: Personal Consumer Issues
Topic: Cable Modem Router recommendations
Replies: 21
Views: 1471

Re: Cable Modem Router recommendations

I would not recommend using a decade old router. It likely hasn't had a firmware update in years and probably has countless vulnerabilities including some that can be exploited trivially by a malicious phone app or something like that, allowing your connection to be turned into a relay for spam or w...
by gostars
Tue Aug 21, 2018 11:25 pm
Forum: Investing - Theory, News & General
Topic: Can pension plan transfer to new 401k
Replies: 6
Views: 825

Re: Can pension plan transfer to new 401k

Yes, a 401a plan (which is what most governmental pensions are) can be rolled to another employer plan. However, not all employer plans will accept the roll-in; you'd have to check the 401k plan documents to see what is accepted. If you're vested, it might be worth keeping the pension, at least if y...
by gostars
Tue Aug 21, 2018 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Money Market Funds vs. Online Banks
Replies: 38
Views: 4997

Re: Money Market Funds vs. Online Banks

Fidelity's SPRXX is at 1.83% 7-day yield and FZDXX ($100k min initial) is at 1.95%. Schwab's SWVXX is at 1.89%. Probably the closest brokerage options to VMMXX.
by gostars
Tue Aug 21, 2018 12:54 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 120
Views: 30811

Re: Replacement for Google Finance price quote function

For anyone scraping MarketWatch, if you leave off the &insttype=xxx it works for ETFs, mutual funds, and individual stocks. This is what I use on my Google sheet script: var prefix = "http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb="; function getPrice(symbol) { var url = prefix + s...
by gostars
Tue Aug 21, 2018 12:05 am
Forum: Investing - Theory, News & General
Topic: Another approach to bonds
Replies: 20
Views: 2457

Re: Another approach to bonds

If one has no need to draw on taxable accounts due to SS and a good pension, then perhaps the best method of rebalancing is to donate some of those low-basis (high-gain) shares to the charity of one's choice. AlohaJoe suggests an amount in excess of $600,000. Half a million bucks should be enough to...
by gostars
Mon Aug 20, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94597

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

From ETF.com. Elizabeth Kasner, Are Fidelity’s Free Funds Really Free? , August 18, 2018. The story might be slightly different in tax-deferred accounts. Without taxes on capital gains, FZROX may be nearly costless, but FZILX will likely still cost around 0.39% per year. I'm calling BS on this arti...
by gostars
Mon Aug 20, 2018 10:45 pm
Forum: Personal Investments
Topic: Boglehead 3/4 asset implementation for Fidelity/TD Ameritrade/ETrade update?
Replies: 9
Views: 1197

Re: Boglehead 3/4 asset implementation for Fidelity/TD Ameritrade/ETrade update?

Fidelity: FZDXX has a 1.96% 7-day yield and a $100k minimum investment. SPRXX has a 1.84% 7-day yield with no minimum investment. The equivalent at TDA or E-Trade is to open a Vanguard account and transfer your cash over. Publicly-traded brokerages have to make money somewhere, and the interest rate...
by gostars
Sun Aug 19, 2018 12:36 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94597

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Forgive me for stupid question... Can you convert shares of FSTVX to FZROX without recognizing a gain/loss, similar to converting to Premium shares? No, changing share classes is not a taxable event. Exchanging shares is a sell/buy transaction that happens in a single day at both fund's closing pri...
by gostars
Sun Aug 19, 2018 12:23 am
Forum: Personal Investments
Topic: Bond funds in taxable accounts?
Replies: 45
Views: 11369

Re: Bond funds in taxable accounts?

I'm saying the calculation of which kind of bond fund is best is more complicated than just the combined marginal tax rate. How that affects tax returns is entirely separate. If you're in AMT territory, then yes, it could get more complex, because not all muni bond income is AMT-exempt. Tax prep sof...
by gostars
Sun Aug 19, 2018 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Sell taxable to contribute to solo 401k nrats
Replies: 7
Views: 793

Re: Sell taxable to contribute to solo 401k nrats

Basically, where is your tax bracket now vs. where you expect to be in retirement? Most will be significantly lower in retirement, as they're no longer collecting paychecks and aren't spending nearly as much (don't need to pay for gas for a commute, don't need a second car so both spouses can get to...
by gostars
Sat Aug 18, 2018 11:15 pm
Forum: Personal Investments
Topic: Bond funds in taxable accounts?
Replies: 45
Views: 11369

Re: Bond funds in taxable accounts?

If that 32-35% is straight federal, then a muni is a good idea and the only question is whether you're better with a general muni or a state-specific fund (state-specific ones are usually exempt from state taxes). If it's a combination, then you need to calculate all 3 options (taxable, general muni...
by gostars
Fri Aug 17, 2018 2:54 am
Forum: Personal Finance (Not Investing)
Topic: Sell taxable to contribute to solo 401k nrats
Replies: 7
Views: 793

Re: Sell taxable to contribute to solo 401k nrats

My question is, why are you using Roth 401k with $300k+ in income? The vast majority of people are better off going 100% traditional 401k once they cross into the 30%+ brackets. At that rate, Roth typically only happens as a backdoor Roth IRA once all tax-deferred options are exhausted. In an earlie...
by gostars
Fri Aug 17, 2018 1:18 am
Forum: Personal Investments
Topic: VMMXX Tax Efficiency
Replies: 3
Views: 902

Re: VMMXX Tax Efficiency

Yes, the tax hit is the cost of having the emergency fund. It's no worse than holding the same money in high-yield savings or CD though. There is a wiki article on holding an emergency fund in a Roth IRA , but this mechanism requires a level of dedication that most of us don't possess, so most of us...
by gostars
Fri Aug 17, 2018 1:00 am
Forum: Personal Investments
Topic: [How can I simplify rebalancing across multiple accounts?]
Replies: 19
Views: 2503

Re: [How can I simplify rebalancing across multiple accounts?]

Let me start by saying you don't "need" to do anything. Each of us is merely looking at the information you've provided and providing feedback as to how the Bogleheads philosophy might be applied to it. It's up to you to review it and make your own decision. I don't use an HSA, and don't know enough...
by gostars
Thu Aug 16, 2018 1:37 am
Forum: Personal Consumer Issues
Topic: Time for new phone, Buy or Lease?
Replies: 30
Views: 2291

Re: Time for new phone, Buy or Lease?

J7 Refine and Star are jokes, right? $250+ for 2GB of RAM and a 720p display? It's not 2015 anymore, Samsung. For that kind of money, you can get 3-4 GB of RAM and a 1080p screen. Something like a Moto G6 or Huawei Mate SE. Have to leave Sprint though, because they only allow their own phones in.
by gostars
Thu Aug 16, 2018 12:17 am
Forum: Personal Investments
Topic: [How can I simplify rebalancing across multiple accounts?]
Replies: 19
Views: 2503

Re: [How can I simplify rebalancing across multiple accounts?]

I would probably leave the solo 401k at TDA, roll your IRA and SEP IRA into it, move the Roths to Fidelity, max out Roth contributions for the year for both of you using the cash (if not already done), and open a taxable account at Fidelity and put the rest of the cash into it (excluding emergency f...
by gostars
Wed Aug 15, 2018 11:36 pm
Forum: Personal Investments
Topic: Boglehead 3/4 asset implementation for Fidelity/TD Ameritrade/ETrade update?
Replies: 9
Views: 1197

Re: Boglehead 3/4 asset implementation for Fidelity/TD Ameritrade/ETrade update?

No, I'm just a semi-regular poster here and requested access. I cleaned up the Tools for Boglehead-style investing section on the Fidelity page last night. Might take a swing at some of the others this weekend. Scanning through the lists, for E-Trade, it would be ITOT or VTI for US stocks, IXUS for ...
by gostars
Tue Aug 14, 2018 3:10 am
Forum: Personal Investments
Topic: Question about tax loss harvesing
Replies: 4
Views: 369

Re: Question about tax loss harvesing

Going 90% VFWAX and 10% VSS or VSFVX will maintain complete market coverage. Note that the ETF has a significantly lower ER and there is no Admiral class for the mutual fund.
by gostars
Tue Aug 14, 2018 12:28 am
Forum: Personal Investments
Topic: Boglehead 3/4 asset implementation for Fidelity/TD Ameritrade/ETrade update?
Replies: 9
Views: 1197

Re: Boglehead 3/4 asset implementation for Fidelity/TD Ameritrade/ETrade update?

The Fidelity page is in dire need of an update after the recent changes. I've requested access to edit the wiki to clean it up. I may take a look at the other brokerage pages after that.
by gostars
Tue Aug 14, 2018 12:09 am
Forum: Personal Investments
Topic: Funding 403(b) as Wife Starts Full-time Teaching Career
Replies: 10
Views: 953

Re: Funding 403(b) as Wife Starts Full-time Teaching Career

I would probably look at doing more slicing and dicing and picking better funds. His 401k should probably be shifted to better funds, either ones that are part of the plan, or using BrokerageLink. Here's how I would split things up to meet that desired AA. Total: $803.5k, desired numbers: $642.8k st...
by gostars
Sun Aug 12, 2018 11:40 pm
Forum: Personal Investments
Topic: Custodial Account - Mutual Funds
Replies: 4
Views: 463

Re: Custodial Account - Mutual Funds

If Vanguard will let you buy ETFs, and it sounds like they will if they let you buy individual stocks, then VOO (S&P 500 ETF) closed on Friday at $260.12, so that sounds like it might be a good fit, even if you need to put in a couple extra bucks to get the account balance up high enough for 1 share...
by gostars
Sat Aug 11, 2018 3:19 am
Forum: Personal Consumer Issues
Topic: Root-friendly flagships equal to Galaxy S7
Replies: 13
Views: 1168

Re: Root-friendly flagships equal to Galaxy S7

The US version of the G6 doesn't do NFC, so no Google Pay, which defeats one of OP's apparent goals.
by gostars
Sat Aug 11, 2018 2:28 am
Forum: Personal Investments
Topic: $1M in cash - invest or pay down mortgage
Replies: 21
Views: 4022

Re: $1M in cash - invest or pay down mortgage

Pretty basic thoughts here. First, I would determine the best AA for their age and situation. 60/40 may be too aggressive for those already in retirement, and not having international may be taking on additional risk due to lack of diversity. Second, I would reconsider how much cash to keep on hand....
by gostars
Sat Aug 11, 2018 2:07 am
Forum: Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2774

Re: Diversification with cash held in vanguard money market

For myself, Money Market Funds do not have FDIC Insurance. Given that, it may not be a wise choice as with FDIC Bank Accounts. I hear a lot about FDIC insurance but has it ever happened. That is an FDIC insured account bank goes bankrupt and FDIC refunded the account holder? https://www.fdic.gov/ba...
by gostars
Fri Aug 10, 2018 9:02 pm
Forum: Personal Investments
Topic: which bond fund in taxable?
Replies: 4
Views: 670

Re: which bond fund in taxable?

In a 24% federal tax bracket, VBTLX has a slight edge at the current published rates on the Vanguard website. The break-even tax bracket can be calculated as 1-(muni_yield/taxable_yield), or 1-(2.33/3.14)==25.8%. Anything below that is probably better in a taxable bond fund, anything higher is proba...
by gostars
Fri Aug 10, 2018 7:11 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 98
Views: 12223

Re: The Bigger Story: Fidelity Expense Ratios

Any guarantees that Fidelity will continue these low fees in the future? If fees change in the future, you could change back to Vanguard. However, after a certain amount of built up capital gains, you are almost trapped into remaining & paying the higher fees. Vanguard could also raise fees, but, I...
by gostars
Fri Aug 10, 2018 4:35 pm
Forum: Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1936

Re: Beginner investor seeking advice

Depends on what funds are available in your 401k. Of the $9500 you have in total, you might want to put 10% ($950) of that in bonds, preferably in your 401k. You could then put 60% ($5700) into the US stock market, using either FSTVX at Fidelity or a TSM or S&P 500 fund in the 401k, and the remaini...
by gostars
Thu Aug 09, 2018 11:52 pm
Forum: Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 13
Views: 2124

Re: Buying Individuals Stocks In A Roth IRA?

Yes, provided you've got the brokerage account version at Vanguard. If you've had the Roth a long time you might have to hit the upgrade button. I haven't done this at Vanguard as I quit messing with individual stocks but at TDAmeritrade where I used to hold my Roth I initially had nothing else. Th...
by gostars
Thu Aug 09, 2018 2:05 am
Forum: Personal Investments
Topic: Diversification with cash held in vanguard money market
Replies: 23
Views: 2774

Re: Diversification with cash held in vanguard money market

The primary issue with money market accounts is the overall loss of purchasing power due to inflation. The overall CPI for June 2018 was up 2.9% over 2017. VMMXX is earning 2.05% right now, and it wasn't anywhere near that a year ago. VBTLX is at 3.14%. VMMXX is unlikely to decline except in the abs...
by gostars
Thu Aug 09, 2018 1:31 am
Forum: Personal Investments
Topic: Should I rollover Vanguard 401k to IRA?
Replies: 3
Views: 363

Re: Should I rollover Vanguard 401k to IRA?

AFAiCT, Indiana protects IRAs from creditors in the event of bankruptcy, so asset protection should not be a consideration. Maybe Hoosier CPA doesn't live in Indiana, but in that case, he or she should pick a new username :D. https://iga.in.gov/legislative/laws/2018/ic/titles/034#34-55-10 (c) The fo...
by gostars
Thu Aug 09, 2018 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Employer will not indemnify me cause I am retired
Replies: 56
Views: 6094

Re: Employer will not indemnify me cause I am retired

How does the district handle insurance issues for other volunteers who are involved with district/school events? They can't just be letting random people help out with zero coverage, can they?
by gostars
Wed Aug 08, 2018 10:51 pm
Forum: Personal Investments
Topic: Should I pay for a 401k?
Replies: 32
Views: 2558

Re: Should I pay for a 401k?

Are there any Highly Compensated Employees (HCE)? Without a safe harbor 401k plan (which would require employer contributions) the plan would be subject to Actual Deferral Percentage (ADP) testing. HCEs would likely be limited to a deferral percentage no > 2% higher than the average deferral percen...
by gostars
Wed Aug 08, 2018 10:22 pm
Forum: Personal Investments
Topic: Help with rollover into IRA and future retirement plans
Replies: 49
Views: 3450

Re: Help with rollover into IRA and future retirement plans

I suggest rolling 401k to 401k for simplicity. Having multiple accounts spread all over just complicates things. Right now I have my money spread over 7 accounts at 5 different brokerages (8 and 6 if you count a brokerage link on one of the workplace plans), and I have to use a spreadsheet to calcul...
by gostars
Wed Aug 08, 2018 12:29 am
Forum: Personal Investments
Topic: Should I pay for a 401k?
Replies: 32
Views: 2558

Re: Should I pay for a 401k?

I would also suggest looking at Guideline, https://www.guideline.com/. That's who my employer uses. For 15 or fewer employees, the base costs are lower than Employee Fiduciary, they don't charge an AUM fee, and they have better funds (Vanguard Admiral shares, vs. the investor shares the EF has).
by gostars
Wed Aug 08, 2018 12:19 am
Forum: Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1936

Re: Beginner investor seeking advice

Depends on what funds are available in your 401k. Of the $9500 you have in total, you might want to put 10% ($950) of that in bonds, preferably in your 401k. You could then put 60% ($5700) into the US stock market, using either FSTVX at Fidelity or a TSM or S&P 500 fund in the 401k, and the remainin...
by gostars
Tue Aug 07, 2018 10:58 pm
Forum: Personal Investments
Topic: Help with rollover into IRA and future retirement plans
Replies: 49
Views: 3450

Re: Help with rollover into IRA and future retirement plans

It's fine to be cautious about Fidelity's new funds. I'm planning to hold out for a while to see how they do before moving some money in to them. There's no need to be cautious about their existing funds, which were always competitive with Vanguard, and now have no minimums and even lower ERs. So, g...
by gostars
Tue Aug 07, 2018 2:59 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94597

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

VTIAX is a perfectly good fund to hold in taxable. If you were to TLH and move to Fidelity, I would suggest switching to ITOT as a comparable. VTIAX is a total int’l stock index fund and ITOT is a total US stock index fund, not comparable. IXUS or a combination of (80% VTMGX, 20% VEMAX) would be su...
by gostars
Tue Aug 07, 2018 2:07 am
Forum: Personal Finance (Not Investing)
Topic: What to do with 401K from an old job?
Replies: 5
Views: 761

Re: What to do with 401K from an old job?

Your current employer's plan may start charging additional fees for the plan once you leave. Mine does. All fees are covered by the company while employed, but if you leave, you either have to roll it out or start paying the employer's cost. Fortunately for me, I have another plan I can roll in to i...
by gostars
Tue Aug 07, 2018 12:29 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 814
Views: 94597

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I've only read a hundred or so replys on this. I have 100k in my taxable all in Vanguard VTIAX (ER .11%), which is currently at a capital loss of like $1000. I'm thinking of moving this money over to the zero international fund FZILX Fidelity is reducing the ER by lending my shares out to others? I...
by gostars
Tue Aug 07, 2018 12:04 am
Forum: Personal Investments
Topic: Help with rollover into IRA and future retirement plans
Replies: 49
Views: 3450

Re: Help with rollover into IRA and future retirement plans

It's all part of Fidelity's new push to further lower the cost of investing. I see it as an acknowledgement that Vanguard's basic theories are a good idea, but that Fidelity thinks they can do it better and cheaper. I, a an investor, am happy to take advantage of anything that benefits me. I have mo...
by gostars
Mon Aug 06, 2018 11:17 pm
Forum: Personal Investments
Topic: Asset reallocation w/ purchase of RE
Replies: 5
Views: 552

Re: Asset reallocation w/ purchase of RE

Agreed, good time to rebalance. I probably wouldn't be holding cash either. If that's your emergency fund, then don't even count it as part of your AA.
by gostars
Mon Aug 06, 2018 11:14 pm
Forum: Personal Investments
Topic: What to do with a five figure "inherited" cash sum?
Replies: 32
Views: 3584

Re: What to do with a five figure "inherited" cash sum?

I retract my suggestion of depositing the money a bit at a time to avoid paperwork. Wasn't even aware that was illegal. What's next, you can't tip in cash because bartenders might not report it on their taxes?
by gostars
Mon Aug 06, 2018 10:47 pm
Forum: Personal Investments
Topic: Stay with VFIFX, or switch to VBTLX for IRA?
Replies: 6
Views: 982

Re: Stay with VFIFX, or switch to VBTLX for IRA?

If you have $30k in cash just sitting there waiting to be invested now, then use that to fund the $5500 for the IRA and be done with it for the year. Put it wherever you need to in order to stay in line with your desired AA. Some people like to spread the contribution across 12 months, but that's to...
by gostars
Sun Aug 05, 2018 2:32 am
Forum: Personal Investments
Topic: Stay with VFIFX, or switch to VBTLX for IRA?
Replies: 6
Views: 982

Re: Stay with VFIFX, or switch to VBTLX for IRA?

VFIFX is a fine option for those who only have pre-tax investments. Splitting it into a separate three-fund portfolio will save a bit on expenses, but otherwise it's going to end up pretty close to the same place. If you're adding taxable or Roth money to the mix, then you will gain some additional ...
by gostars
Sun Aug 05, 2018 2:12 am
Forum: Personal Investments
Topic: if you had 10K for a taxable/individual account
Replies: 6
Views: 938

Re: if you had 10K for a taxable/individual account

IXUS, because I'm currently light on international funds, and it's slightly more tax efficient than VXUS.
by gostars
Sun Aug 05, 2018 1:48 am
Forum: Personal Investments
Topic: Asset reallocation w/ purchase of RE
Replies: 5
Views: 552

Re: Asset reallocation w/ purchase of RE

As long as you're not planning to live in that house post-retirement (downsizing once the kids are off on their own), you might consider your house to be your RE allocation. The value of the house is likely to be significantly correlated with the overall real estate market, though with deviations du...
by gostars
Sun Aug 05, 2018 1:28 am
Forum: Personal Investments
Topic: What to do with a five figure "inherited" cash sum?
Replies: 32
Views: 3584

Re: What to do with a five figure "inherited" cash sum?

If the amount is more than $15000 but less than $30000, it may make sense to the relative to split the gift over 2 years. Gifts in excess of the annual exclusion amount ($15000 in 2018) require the donor to file form 709 with the IRS and figure out if any taxes are owed on it. Anything up to that am...
by gostars
Sun Aug 05, 2018 12:33 am
Forum: Personal Investments
Topic: Help with rollover into IRA and future retirement plans
Replies: 49
Views: 3450

Re: Help with rollover into IRA and future retirement plans

If possible. Check the plan documents on how distributions work, they may require that if you do a rollover that you do it for everything. FSTVX is a great fund and I own the institutional version of it in a workplace plan at Fidelity. Fidelity just announced that they're eliminating the different f...