Search found 171 matches

by katnok
Sun Mar 24, 2013 3:27 pm
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Re: Should I contribute to Taxable account instead of my 40

These are better than 1.65%: 3. Principal global investors Large cap S&P 500 index R1 fund ------------------------------------ PLPIX – 1.04 4. Principal Global Investors Midcap S&P 400 Index R1 Fund ------------------------------------- PMSSX – 1.05 6. Principal Global Investors Small Cap S&P 600 ...
by katnok
Sun Mar 24, 2013 3:22 pm
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Re: Should I contribute to Taxable account instead of my 40

To be in the 28% bracket your gross income must be over about $190,000, and your MAGI must be over about $170,000. This means that when your wife starts work your MAGI will likely be above the limit for direct Roth IRA contributions. For this reason your wife should probably contribute to a Roth IR...
by katnok
Sun Mar 24, 2013 3:09 pm
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Re: Should I contribute to Taxable account instead of my 40

Me:35, Spouse:32 (Wife is a student and is not making any money at this point) Currently I max out my 403b. No employer match . Entire contribution is invested in Target Retirement Fund 2040 with an ER of 1.65 . Other available options have ERs mostly between 1.6 - 1.97. Before you do any taxable i...
by katnok
Sun Mar 24, 2013 2:57 pm
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Re: Should I contribute to Taxable account instead of my 40

rr2 wrote: Is there any possibility to request better options in your 403b plan? I am fortunate enough to have a 403b with TIAA CREF. The costs are below .5% for most options.
I did but that fell on deaf ears.
by katnok
Sun Mar 24, 2013 1:56 pm
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Re: Should I contribute to Taxable account instead of my 40

This topic has been discussed many times. The tax from your contributions is at your marginal tax rate 28%. In retirement, assuming no other income sources, your withdrawals will be taxed at your average tax rate -- some at 0, 10, 15, 25, 28, etc. Therefore, it is likely that you will come out ahea...
by katnok
Sun Mar 24, 2013 1:30 pm
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Re: Should I contribute to Taxable account instead of my 40

It looks to me like you are also assuming that you stay at the current job until retirement and that 100% of your returns comes from capital gains rather than dividends or interest. The first assumption seems reasonable, if you do in fact have reason to make that assumption. The second assumption d...
by katnok
Sun Mar 24, 2013 11:35 am
Forum: Personal Investments
Topic: Should I contribute to Taxable account instead of my 403b?
Replies: 25
Views: 1609

Should I contribute to Taxable account instead of my 403b?

Please help me determine if it makes sense to stop contributing to employer sponsored 403b (high expense ratio), and open a taxable account at Vanguard and contribute to it instead. Background: Me:35, Spouse:32 (Wife is a student and is not making any money at this point) Mattied filing jointly Marg...
by katnok
Sun Mar 24, 2013 8:15 am
Forum: Personal Finance (Not Investing)
Topic: recommend a online background/credit check service
Replies: 9
Views: 1461

Re: recommend a online background/credit check service

I have a general question. What are the specific reasons for checking credit history of a prospective tenant? Will a low score deter you from renting or are you more interested in checking their bill payment history? Not necessarily just the score but what is on there. A credit history will also sh...
by katnok
Sat Mar 23, 2013 4:27 am
Forum: Personal Finance (Not Investing)
Topic: recommend a online background/credit check service
Replies: 9
Views: 1461

Re: recommend a online background/credit check service

I have a general question.
What are the specific reasons for checking credit history of a prospective tenant? Will a low score deter you from renting or are you more interested in checking their bill payment history?
by katnok
Tue Mar 19, 2013 6:00 pm
Forum: Personal Investments
Topic: Financial advice for a newbie high earner
Replies: 78
Views: 11981

Re: Financial advice for a newbie high earner

There are plenty of ways to reduce tax liability. One that comes to mind is to donate $300,000 a year to charity. Since you asked for financial advice, I would not mention large salaries to anyone ... even anonymously. Sure, we all have an idea of what physicians earn, but still no reason to lay it...
by katnok
Wed Mar 06, 2013 5:52 pm
Forum: Personal Investments
Topic: Frustrated with the 403b options at my [NJ] school district
Replies: 36
Views: 6791

Re: Frustrated with the 403b options at my school district

My 403b options are also terrible. ERs range from 1-2%. I contacted my HR about 6 months ago about providing low cost options, but I was told they wouldnt do it as everybody (other employees) else was happy with available options. Does anyone know if there is any incentive for the employer to choose...
by katnok
Sun Apr 15, 2012 8:58 pm
Forum: Personal Investments
Topic: Please help with Investments- Likey return to India in 15yrs
Replies: 31
Views: 3779

Re: Please help with Investments

pingo wrote:Perhaps changing the Subject title for the thread would help OP get more responses from people in-the-know? (I confess I don't know how.)

Can it be done by editing the OP?
Thanks for the suggestion. Just changed the title.
by katnok
Sun Apr 15, 2012 9:50 am
Forum: Personal Investments
Topic: Please help with Investments- Likey return to India in 15yrs
Replies: 31
Views: 3779

Re: Please help with Investments

Katnok, welcome. Thank you YDNAL. You have to make lemonade with lemons... these 403B Plans never end to amaze me. They actually charge 1%+ for an S&P 500 Fund - terrible. I was unpleasantly surprised to hear from my plan administrator (HR director) that everyone (employees) was happy with the plan...
by katnok
Sun Apr 15, 2012 6:09 am
Forum: Personal Investments
Topic: Please help with Investments- Likey return to India in 15yrs
Replies: 31
Views: 3779

Re: Please help with Investments

Thank you Pingo.

457b is a non govt plan and the fund choices are added to my original post
by katnok
Sat Apr 14, 2012 9:24 pm
Forum: Personal Investments
Topic: Please help with Investments- Likey return to India in 15yrs
Replies: 31
Views: 3779

Please help with Investments- Likey return to India in 15yrs

Emergency funds: 6 months Debt: Credit card debt- None. Cars: 1st car- paid off. 2nd car- 2 yr Car lease ( Had no choice. Going to purchase at the end of the lease). House: Currently renting, and plan to buy a house in about 4-5 years. Tax filing status: Married filing jointly Tax rate: 28% federal ...
by katnok
Thu Apr 12, 2012 8:28 pm
Forum: Personal Consumer Issues
Topic: New bed?
Replies: 22
Views: 1891

Re: New bed?

Another tempurpedic fan here.

Bought a king for about 2k 4 yrs ago.

So far, no complaints.
by katnok
Sun Mar 25, 2012 5:17 pm
Forum: Non-US Investing
Topic: Investing in Indian CDs for Indian Expats (NRIs)
Replies: 43
Views: 9223

Re: Investing in Indian CDs for Indian Expats (NRIs)

Rental yield 1-2% is too low, shades of Vancouver. I believe it will correct. The issue with a country going into exponential growth is, of course, that what seems unreasonable can become more unreasonable. India is still an underdeveloped and rural country, and as India compresses 19th century UK ...
by katnok
Tue Mar 20, 2012 3:56 pm
Forum: Non-US Investing
Topic: Index Fund equivalents in India
Replies: 16
Views: 2156

Re: Index Fund equivalents in India

Thanks to all that provided the above links.
I think they have a lot of info that will help my brother make wise investment decisions.

Now, question to those that invested in index funds in India:
Does the "stay the course" philosophy apply to Indian funds as well?
by katnok
Mon Mar 19, 2012 8:46 pm
Forum: Non-US Investing
Topic: Index Fund equivalents in India
Replies: 16
Views: 2156

Re: Index Fund equivalents in India

LadyGeek, thank you for the link. To begin with, he will invest in an index tracking SENSEX. Venkat, thanks for the info. I will definitely ask him to take a look at the websites you suggested. His goal is to invest and hold for at least 15-20 years. Is there a reason for him to feel isolated if he ...
by katnok
Mon Mar 19, 2012 7:07 pm
Forum: Non-US Investing
Topic: Index Fund equivalents in India
Replies: 16
Views: 2156

Index Fund equivalents in India

Hello Bogleheads, I have a 32-yr old physician brother in India, who doesn't know much about investing (totally immersed himself in medicine the last 14 years). I would like him to invest in index funds, but I am not sure what they are called in India, and how he can go about finding low cost index ...
by katnok
Thu Nov 17, 2011 10:12 pm
Forum: Investing - Theory, News & General
Topic: Investing in EM currency ?
Replies: 18
Views: 1481

Re: Investing in EM currency ?

Its interesting that I have come across this thread, couple of hrs after arguing with my wife against investing in India. As first gen Indians in the US, we have long term (~20 yrs) plans to go back to India. I have just maxed out my 403b and informed my wife that I was going to contribute to 457b w...