Search found 366 matches

by 2retire
Wed Nov 13, 2013 7:09 am
Forum: Investing - Help with Personal Investments
Topic: New to Forum-Opinion needed!
Replies: 17
Views: 1245

Re: New to Forum-Opinion needed!

When you say no real other savings to speak of, does this include future pensions and the possibility of inheritances coming your way? It is hard to give you a good response without understanding more about your financial future. It would also be helpful to know your salary and your cost of living a...
by 2retire
Mon Nov 11, 2013 9:29 pm
Forum: Investing - Theory, News & General
Topic: average monthly brokerage fee for 401k plans?
Replies: 4
Views: 599

Re: average monthly brokerage fee for 401k plans?

MyMegaCorp @ Fidelity is $3.25.

Edit:
Just to clarify, this isn't a brokerage fee. This is the fee all employees pay for the privilege of Fidelity holding our 401(k) money.

The same 401k used to be handled by Hewitt @ $7.25 (down from $8.00).
by 2retire
Wed Nov 06, 2013 2:56 pm
Forum: Personal Consumer Issues
Topic: Two Days in Munich
Replies: 24
Views: 1674

Re: Two Days in Munich

Others have covered most of the high points. I've been to Munich many times, but never to Dachau. Wish I had done that. One spot that I haven't seen mentioned is Kloster Andechs. It's a monastery outside of the city, but reachable by train (S-bahn, I think). It has huge open fields, interesting cha...
by 2retire
Wed Nov 06, 2013 10:30 am
Forum: Personal Consumer Issues
Topic: Two Days in Munich
Replies: 24
Views: 1674

Re: Two Days in Munich

It sounds like you already have a plan in place, which sounds resonable way to handle your time there. I'll just throw in a few more bits of info. Deutches Museum - In the late 80's this was the largest Natural History museum in the world. I have probably been to it five times and still haven't seen...
by 2retire
Tue Nov 05, 2013 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Massive end of year dump into 401K
Replies: 5
Views: 1270

Re: Massive end of year dump into 401K

Nope, nothing to worry about as long as you have the cash to live on instead of your pay check. During the downturn in the economy, I used this method for a couple of years to fully fund my 401K at the start of each new year as I felt layoffs might be coming down. The HR people might think you are a...
by 2retire
Tue Nov 05, 2013 9:34 am
Forum: Personal Consumer Issues
Topic: Let relative use my address for bank account?
Replies: 31
Views: 5873

Re: Let relative use my address for bank account?

It depends on how much you value the relationship. It sounds like a good way to get on an NSA watchlist.
by 2retire
Tue Oct 29, 2013 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: How do I find 2 and 4 year returns??
Replies: 4
Views: 451

Re: How do I find 2 and 4 year returns??

You know, I've never tested it for more than a year; but you are right, it doesn't work out. The one year numbers are correct, but anything more than that doesn't work out. I suspect it has to do with sequence of returns.
by 2retire
Tue Oct 29, 2013 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: How do I find 2 and 4 year returns??
Replies: 4
Views: 451

Re: How do I find 2 and 4 year returns??

This is the best I can offer and what I use.

Morningstar allows you to put in custom date ranges on charts. Pull up a chart of the fund you are interested in and enter the start and end dates. If the $10,000 grows to $11,456.78, then that is a return of 14.5678%.
by 2retire
Fri Oct 25, 2013 11:31 am
Forum: Investing - Theory, News & General
Topic: Net Worth Survey 2014
Replies: 58
Views: 11162

Re: Net Worth Survey 2014

How do you see people using #16? I believe most people wanted this number so they could tell if someone had a large net worth due to their salary. I know that is what I'd want to see. I don't feel AGI is a good value to ask for. It can be gamed to easily with the current tax code. I feel that raw sa...
by 2retire
Tue Oct 15, 2013 1:22 pm
Forum: Investing - Theory, News & General
Topic: Can a company only offer its stock in a 401(k)?
Replies: 6
Views: 1083

Re: Can a company only offer its stock in a 401(k)?

I believe the main issue is fiduciary responsibility. I found a 22 page paper at: Employee Stock Consideration in 401(k) Plans I didn't read the whole thing. The following is an excerpt: On May 18, 2010, the IRS and the Treasury Department released final regulations on Code 401(a)(35) investment div...
by 2retire
Tue Oct 15, 2013 10:39 am
Forum: Investing - Theory, News & General
Topic: More XIRR Questions
Replies: 19
Views: 2241

Re: More XIRR Questions

Though I need to work out end value as at 31st Dec 2012 as I hadn't noted anything down That is as easy as looking at the year end statement from your fund companies and adding them all up. If you don't receive paper statements, you should be able to access them at their online sites. I suggest you...
by 2retire
Sat Oct 12, 2013 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Just inherited money, would seriously appreciate advice
Replies: 48
Views: 9921

Re: Just inherited money, would seriously appreciate advice

I don't have a lot to add that other people haven't already stated; just take your time, there is no need to rush in to do anything fast. You just received 3.5m, you shouldn't be concerned about $950 a day (or -$950 a day). The one thing I'd like to point out is that you not assume that just because...
by 2retire
Fri Sep 27, 2013 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a Friend (low income, windfall)
Replies: 20
Views: 1970

Re: Asset Allocation for a Friend (low income, windfall)

I think you've given your friend too munch information. When someone knows nothing, it is best to start out as simple as possible. Forget about all the slicing and dicing and cramming this money into a bunch of funds. If it were my friend, this is what I'd recommend. Take $5,500 and put it in a Roth...
by 2retire
Thu Sep 26, 2013 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding mutual fund tax-adjusted return
Replies: 16
Views: 1462

Re: Help understanding mutual fund tax-adjusted return

I don't know if this will help, but last year VTHRX paid out $0 in captial gains and approximately 2.1% in dividends. Of that, 68% were qualified.
by 2retire
Thu Sep 26, 2013 7:58 am
Forum: Personal Consumer Issues
Topic: Honorific when speaking to/about a physician's assistant?
Replies: 19
Views: 3816

Re: Honorific when speaking to/about a physician's assistant

If I've been to the doctor recently and know the person is still working there, I'll ask for them by their first name. Otherwise, I just ask for Doctor X's PA.
by 2retire
Fri Sep 20, 2013 4:51 pm
Forum: Investing - Theory, News & General
Topic: How do you compare with other investors your age?
Replies: 50
Views: 8998

Re: How do you compare with other investors your age?

I think it is somewhat interesting that the percentage invested in target retirement funds decreases drastically with age.. What kind of assumptions can you make from that? The older you get, the 'smarter' people think they are? Or should young investors just start out with their own stock/bond all...
by 2retire
Sat Jul 13, 2013 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: How to estimate monthly savings to hit target goal?
Replies: 3
Views: 700

Re: How to estimate monthly savings to hit target goal?

You can play around with something known as a Savings Goal calculator. Here is a site that has many types of financial calculators. including a savings goal calculator: http://www.dinkytown.net/java/Savings.html Savings Goal calculators typically don't take into account taxes and tax deferral, but t...
by 2retire
Thu Jul 11, 2013 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing a Fidelity account executive
Replies: 13
Views: 1673

Re: Choosing a Fidelity account executive

Here is an excerpt from Rick Ferri's free book, Serious Money, available at his website: http://www.rickferri.com/blog/ Advisor Titles and Designations: The Good, the Bad, and the Worthless Education and experience vary widely in the investment advice field. Many financial advisors may have minimal ...
by 2retire
Tue Jul 09, 2013 4:34 pm
Forum: Personal Consumer Issues
Topic: Why does my instant coffee overflow?
Replies: 39
Views: 4205

Re: Why does my instant coffee overflow?

Now the one I wish I knew the answer too - I microwave eggs sometimes with the yolks unbroken. Sometimes it's fine - other times they "blow up" using the same cooking time. I cover them with a paper towel and just hope it works. Because the egg yolk is inside a sack. As it heats, it expands. If it ...
by 2retire
Tue Jul 09, 2013 11:17 am
Forum: Investing - Theory, News & General
Topic: Is this a good or bad bet?
Replies: 41
Views: 3760

Re: Is this a good or bad bet?

No. This example is meant to teach you how losing a percent of your money is not equal to gaining that same percentage back. In order to recover from a 70% loss, you need to gain 233.33%. 170% won't cut it; you are guaranteed to lose money. For example, say we flip just two times. There's four possi...
by 2retire
Mon Jul 01, 2013 9:59 pm
Forum: Personal Consumer Issues
Topic: How do you say thanks from a distance?
Replies: 17
Views: 1637

Re: How do you say thanks from a distance?

If you are going to post something online abut them helping you out and providing great advice, just be sure NOT to mention that they did it for free. The last thing they may want is everybody coming to them expecting free advice.
by 2retire
Mon Jul 01, 2013 8:24 am
Forum: Investing - Theory, News & General
Topic: Long-Term Returns website down?
Replies: 58
Views: 13130

Re: Long-Term Returns website down?

Do you have a reference to that statement? All I can find is speculation that Mike may have taken a hedge fund job. When I went to get you the link, I read the post again. I guess he was also speculating about why he terminated the blog. So, no one knows for sure yet. http://thefinancebuff.com/frid...
by 2retire
Fri Jun 28, 2013 1:14 pm
Forum: Investing - Theory, News & General
Topic: Long-Term Returns website down?
Replies: 58
Views: 13130

Re: Long-Term Returns website down?

I just read (on The Finance Buff's site) that he got a job with a hedge fund, like he wanted. It is sad that he didn't leave the site up for archival purposes. He could have just stopped answering people's questions and making new posts.
by 2retire
Mon Jun 03, 2013 4:23 pm
Forum: Investing - Theory, News & General
Topic: 65 retired- investing ? rebalancing in this up market ??
Replies: 9
Views: 975

Re: 65 retired- investing ? rebalancing in this up market ?

Are you using Fidelity Contra Fund (FCNTX) or Fidelity Low Priced Stock (FLPSX), or both (you listed Contra as FLPSX)?
by 2retire
Wed May 29, 2013 4:26 pm
Forum: Investing - Theory, News & General
Topic: Employee Fiduciary and The Online 401K
Replies: 8
Views: 2027

Re: Employee Fiduciary and The Online 401K

I'm considering both companies while trying to convince my company to make a switch. EF lists their costs directly on their website, but the Online401K wants you to contact them for a quote. Since my company is about the same size as yours (with the same assets under management), I'd be interested t...
by 2retire
Thu May 23, 2013 11:14 am
Forum: Investing - Theory, News & General
Topic: RBD (Really Bad Day)
Replies: 31
Views: 3444

Re: RBD

After seeing this morning's futures forecast of -11 and -21 for the S&P 500 and NASDAQ, I was expecting the US markets to open down 2-3% today. That didn't materialize and markets are back to about even (not saying it still couldn't take a dive later today). I guess the losses in Japan will make som...
by 2retire
Fri May 10, 2013 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Fund Advice from Advisor - S&P500 Performance
Replies: 42
Views: 2990

Re: Fund Advice from Advisor - S&P500 Performance

jstar32 wrote: That was one of the questions I had about the chart - it doesn't show the compounding negative effect of that expense ratio, correct?
Incorrect. Morningstar charts show the performance after all fund fees (ER and trading costs).
by 2retire
Fri May 10, 2013 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Employer is letting me decide which 401k plan to choose
Replies: 16
Views: 3623

Re: Employer is letting me decide which 401k plan to choose

Another thing to keep in mind is employees often hate when they can't look up a fund's performance in something like Morningstar. The SSgA funds have this problem. It is weird that the Vanguard funds in Plan A don't have the actual ERs of the corresponding Vanguard funds. They are close, but off by ...
by 2retire
Tue May 07, 2013 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Please help read my Morningstar X-ray
Replies: 6
Views: 887

Re: Please help read my Morningstar X-ray

jerome99 wrote:If all my international exposure is vanguard total intl index am I getting the appropriate intl small and mid cap allocation?
Yes.
by 2retire
Mon May 06, 2013 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Piles of cash
Replies: 51
Views: 7275

Re: Piles of cash

You must have had a good reason for getting out in 2008. What has changed that has made you decide you need to get back in? It is hard to recommend something to you without understanding the reason for such a drastic move.

Also, what did your asset allocation look like before you got out.
by 2retire
Sun May 05, 2013 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Please help read my Morningstar X-ray
Replies: 6
Views: 887

Re: Please help read my Morningstar X-ray

Each box represents the percent of your portfolio (with rounding error) that falls into each of the following categories. LgValue LgBlend LgGrowth MdValue MdBlend MdGrowth SmValue SmBlend SmGrowth So, based on your break down, you have more than 15% in small and medium (5+5+6+2+2+2=22). Be aware tha...
by 2retire
Sat May 04, 2013 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor With Questions
Replies: 3
Views: 573

Re: Young Investor With Questions

1. Yes, 80/20 is reasonable for someone your age. 2. I don't see a reason for you to move only 70% of your portfolio to BrokerageLink. Either move all of your 2050 and Capital preservation money there or none. There is no reason for you to keep to 2050 and Cap Pres. funds if you are going to set up ...
by 2retire
Fri May 03, 2013 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Don't want to TLH. Is this a bad idea? [Tax Loss Harvest]
Replies: 38
Views: 2850

Re: Don't want to TLH. Is this a bad idea?

Funny, I just got done reading this post on TLH before I came here: http://www.kitces.com/blog/archives/509-Is-Capital-Loss-Harvesting-Overvalued.html It has a lot of good information and can explain when it is of value and when it isn't. Personally, based on reading it, I don't think I'll be doing ...
by 2retire
Wed May 01, 2013 8:55 pm
Forum: Forum Issues and Administration
Topic: [Why do posts have "[physician]" in thread title]
Replies: 44
Views: 6331

Re: [Why do posts have "[physician]" in thread title]

I like that the moderators add the additional information to the thread titles to help us know which threads we should check out and which we might want to skip. There are a lot of doctors on this board and by adding it to the title it helps pull in those that can give them relevant advice. It also ...
by 2retire
Mon Apr 29, 2013 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: State Tax: Working remotely, moving to a lower tax state
Replies: 28
Views: 4411

Re: State Tax: Working remotely, moving to a lower tax state

I'm not sure what you are trying to get at here, but hopefully this will help. If you move to a new state, you are a resident of that sate and you'll pay state taxes in that new state (if they have them). California won't have any rights to collect taxes from you. Your company doesn't have to do any...
by 2retire
Sat Apr 27, 2013 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain CD ladders in plain English? vs ibonds?
Replies: 12
Views: 1650

Re: Can someone explain CD ladders in plain English? vs ibon

The point of a CD ladder is to keep your money earning the most it can while still allowing you access to some of the money if need be. Since CDs normally, have a penalty for breaking them, you typically don't want to put all your money into a single CD. For example, lets say you have $100K to inves...
by 2retire
Fri Apr 26, 2013 8:39 am
Forum: Investing - Theory, News & General
Topic: Can You Ace FINRA's Financial Literacy Quiz?
Replies: 111
Views: 9290

Re: Can You Ace FINRA's Financial Literacy Quiz?

I only missed one; the question about a company going bankrupt. The way the question was worded, I figured that the company would stay in business. I figured the bond debt would be wiped just like any other creditor debt. I figured the stock holders would still own the stock, even though the price m...
by 2retire
Tue Apr 16, 2013 2:05 pm
Forum: Investing - Theory, News & General
Topic: Why Doesn't VEU Track Foreign Markets?
Replies: 8
Views: 769

Re: Why Doesn't VEU Track Foreign Markets?

If it makes you feel any better, it happens with mutual funds too; the phenomenon isn't isolated to ETFs.
by 2retire
Sun Apr 14, 2013 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Average annualized 401K returns
Replies: 5
Views: 1859

Re: Average annualized 401K returns

Do you mind sharing with us what these other investments are that return you 8%? Is that 8% guaranteed?
by 2retire
Fri Apr 12, 2013 8:28 am
Forum: Investing - Theory, News & General
Topic: [Poll] My Tax-Advantaged Accounts > $3m?
Replies: 55
Views: 4931

Re: [Poll] My Tax-Advantaged Accounts > $3m?

Its a little late now, but the question could have been even better worded by adding 'during your contribution years'.
by 2retire
Wed Apr 10, 2013 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: How to rebalance Vanguard Funds in Traditional 401k?
Replies: 9
Views: 3395

Re: How to rebalance Vanguard Funds in Traditional 401k?

The other way around this is to use the 401k's auto rebalance function. Many 401ks these days can rebalance for you on a schedule you choose. You could just use that feature. Since it is handled by the 401k plan, you shouldn't be locked out of anything.
by 2retire
Tue Apr 09, 2013 5:21 pm
Forum: Investing - Theory, News & General
Topic: how much w2 required to make 100K cash?
Replies: 15
Views: 2040

Re: how much w2 required to make 100K cash?

Assuming: all income is from W-2, flat 6% state tax with no exemption or deductions, four exemptions, standard deduction on federal income taxes, no child tax credit, no contributions to 401(k), no HSA, no cafeteria plan, no IRA, no student loan interest, etc.: $136,131.61 $136,131.61 - $7,049.40 (...
by 2retire
Thu Apr 04, 2013 7:17 am
Forum: Investing - Theory, News & General
Topic: Nice 'Free' Asset Allocation Spreadsheet
Replies: 2
Views: 1611

Nice 'Free' Asset Allocation Spreadsheet

I'm not sure how many people here also follow the Long-Term Returns blog, but on April 1st they posted a nice asset allocation spreadsheet for people to make a copy off. Although I already had my own, this one was much simpler and it seems good for people with multiple funds spread across multiple a...
by 2retire
Tue Apr 02, 2013 9:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Calling Investors
Replies: 6
Views: 1211

Re: Vanguard Calling Investors

I haven't had this happen with Vanguard yet, but Fidelity has called me in the past. It was a useful conversation and it prompted me to get rid of a bunch of funds that I should have gotten rid of a long time ago. As long as you understood they called you and you don't give them any information, the...
by 2retire
Tue Apr 02, 2013 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Using dividends+Capitol gains in one fund to buy another?
Replies: 7
Views: 556

Re: Using dividends+Capitol gains in one fund to buy another

Sure. I do it with my target date fund in taxable. Before I came here and learned about tax efficient placement, I had opened a target date fund in my taxable account. Once I learned how poor of an idea that was, I redirected my capital gains and dividends from it into new tax efficient funds I set ...
by 2retire
Thu Mar 28, 2013 11:06 am
Forum: Investing - Help with Personal Investments
Topic: which fund for international equities?
Replies: 7
Views: 1028

Re: which fund for international equities?

Folow-up question - is anything and everything out of China/India considered EM? I haven't considered those terms interchangeable, but perhaps that's the common definition? Yes. Here is a link that breaks down what various entities consider to be Emerging Markets: http://en.wikipedia.org/wiki/Emerg...
by 2retire
Thu Mar 28, 2013 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Should I Terminate Whole Life Policies?
Replies: 26
Views: 3246

Re: Should I Terminate Whole Life Policies?

mephistophles wrote:Probably keep the first one and get rid of the others. Buy term for present and expected famlly insurance needs.
ole meph
Care to share how you came to that conclusion? I'm assuming there is math behind it somewhere. I'd be interested to see how you figured it out.
by 2retire
Mon Mar 25, 2013 4:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard SP500 Tracking error
Replies: 5
Views: 3150

Re: Vanguard SP500 Tracking error

I don't see a Vanguard fund called US Equity Index. What is the ticker symbol you are researching?
by 2retire
Mon Mar 25, 2013 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help solve problem. Viewing holdings from road or work.
Replies: 12
Views: 985

Re: Help solve problem. Viewing holdings from road or work.

Do you have corporate VPN access? That is what I use whenever I'm in a hotel. Most well set up companies even force you to VPN in to use corporate WiFi. Once you are VPN'd in, all your traffic is encrypted and you don't need to worry about a thing (other than your laptop being compromised, but then ...
by 2retire
Sat Mar 23, 2013 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Anniversary Free Portfolio check
Replies: 8
Views: 1063

Re: Anniversary Free Portfolio check

Did you receive it via the secure message facility on their site, or to your normal email address where phishing attacks can come in? Has it been a year since you joined them?