Search found 400 matches

by jjunk
Tue Sep 16, 2014 7:52 pm
Forum: Investing - Theory, News & General
Topic: Trying to understand taxes in retirement, correct me
Replies: 11
Views: 1462

Re: Trying to understand taxes in retirement, correct me

Not sure where the $760 comes from, thus my reason for asking. Where do you get the need for 1M for assisted living? That's not something I've really budgeted for longer term but it seems like a very high amount to me (without knowing anything about those costs). If that's something I'd need another...
by jjunk
Tue Sep 16, 2014 6:37 pm
Forum: Investing - Theory, News & General
Topic: Trying to understand taxes in retirement, correct me
Replies: 11
Views: 1462

Trying to understand taxes in retirement, correct me

I'm currently 40, married, no children. My wife and I have saved diligently for a long time and are lucky enough to have taxable/retirement accounts that are currently valued at just over 1M. I'd like to retire from my current stressful job early, probably within the next 5yrs, at which point I esti...
by jjunk
Tue Jul 15, 2014 1:34 pm
Forum: Personal Investments
Topic: Directing asset allocation for early retirement
Replies: 14
Views: 3065

Re: Directing asset allocation for early retirement

Here's something else to consider. Generally, a higher fraction of fixed income in an account will reduce its expected performance. If one needs that taxable account to grow lots, then one probably should try to have lots of equities in that account. In other words, by having a high fraction of fix...
by jjunk
Tue Jul 15, 2014 12:26 pm
Forum: Personal Investments
Topic: Directing asset allocation for early retirement
Replies: 14
Views: 3065

Directing asset allocation for early retirement

I'm currently reading 'How to retire early' by Robert Charlton and in it he mentions that when he and his wife retired at 43, their taxable account held a mix of equities and taxable bonds because they were well ahead of the time when they'd be able to touch their deferred accounts. I'm 40 and consi...
by jjunk
Mon Jul 14, 2014 9:19 am
Forum: Personal Investments
Topic: Total Bond fund vs. Brokered CDs in 401k
Replies: 8
Views: 1746

Re: Total Bond fund vs. Brokered CDs in 401k

Thanks Jim, appreciate your insight!
by jjunk
Sun Jul 13, 2014 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fido as your bank?
Replies: 11
Views: 2297

Re: Anyone use Fido as your bank?

Thanks Jake, appreciate the information.

sscritic, I looked over the search before I posted but aside from the ATM question, didn't see anything recently that mapped to what I was asking which is why I posted.
by jjunk
Sun Jul 13, 2014 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fido as your bank?
Replies: 11
Views: 2297

Anyone use Fido as your bank?

I’m thinking about moving the remainder of my banking to Fido and getting a cash management account with them. I know the topic has come up here in the past but I couldn’t find the thread and had a couple of questions for those of you that use them. I’ve already called Fido but got slightly differen...
by jjunk
Fri Jul 11, 2014 9:12 pm
Forum: Personal Investments
Topic: Total Bond fund vs. Brokered CDs in 401k
Replies: 8
Views: 1746

Re: Total Bond fund vs. Brokered CDs in 401k

Thanks again, appreciate the advice and input
by jjunk
Fri Jul 11, 2014 6:44 pm
Forum: Personal Investments
Topic: Total Bond fund vs. Brokered CDs in 401k
Replies: 8
Views: 1746

Re: Total Bond fund vs. Brokered CDs in 401k

Thanks, that actually a very good point and something I didn't put enough thought into. When I look out further, the 7yr is at 2.65% and the 10yr at 3.25%. I guess I could actually do a 5/7/10yr CD ladder within my 401k and have the same effective duration at slightly higher yields.
by jjunk
Fri Jul 11, 2014 12:08 pm
Forum: Personal Investments
Topic: Total Bond fund vs. Brokered CDs in 401k
Replies: 8
Views: 1746

Re: Total Bond fund vs. Brokered CDs in 401k

Thanks, in my case these would be held to maturity as they'd be replacing the fixed income portion of my asset allocation.
by jjunk
Fri Jul 11, 2014 11:15 am
Forum: Personal Investments
Topic: Total Bond fund vs. Brokered CDs in 401k
Replies: 8
Views: 1746

Total Bond fund vs. Brokered CDs in 401k

I have the option of using Fidelity's BrokerageLink in my 401k to purchase various types of equities, bonds, etc. I've been considering changing my current allocation which is 100% in the Spartan US Bond fund (FSITX, 30DY: 2.15%, ER .10%, Dur: 5.26yr, W.A.M: 6.9yrs) for brokered CDs of the same appr...
by jjunk
Thu Jul 03, 2014 4:38 pm
Forum: Personal Investments
Topic: Stick with Vanguard or take Fidelity "special deal"?
Replies: 50
Views: 4927

Re: Stick with Vanguard or take Fidelity "special deal"?

Move and don't look back. I've had nothing but horrible experiences with Vanguard and at the end of next week will finally have transferred all of my assets away from them. My wife and I recently spent over four weeks trying to GIVE them money for my nephews trusts and they wouldn't let us because o...
by jjunk
Thu Jul 03, 2014 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: In retirement you expect your standard of living to?
Replies: 55
Views: 6146

Re: In retirement you expect you standard of living to?

Mine wont have a choice but to go down a lot because we'll most likely move out of where we live now. Basically outside of a few cities, most everywhere will be significantly cheaper than here which will lower our standard of living significantly.
by jjunk
Mon Jun 16, 2014 3:09 pm
Forum: Personal Consumer Issues
Topic: Good places to live in Renton, WA?
Replies: 21
Views: 5007

Re: Good places to live in Renton, WA?

Thank you for getting back. Sorry for the dumb question but by Seattle do you mean downtown Seattle? I spent about an year in Redmond and I hate the 520 the limited number of times I commuted over it. Is this really a good idea (in the long-run)? Yes, I have several friends that live in the city (M...
by jjunk
Mon Jun 16, 2014 2:41 pm
Forum: Personal Consumer Issues
Topic: Good places to live in Renton, WA?
Replies: 21
Views: 5007

Re: Good places to live in Renton, WA?

Sorry, no idea on apartments down there. I know people that live there really like it, lots of families and affordable homes. If you're working for us, I'd live in Seattle given your options for your SO. You take the commute, she can drive/take the bus. Seattle would be a great place to live, especi...
by jjunk
Mon Jun 16, 2014 2:36 pm
Forum: Personal Consumer Issues
Topic: Good places to live in Renton, WA?
Replies: 21
Views: 5007

Re: Good places to live in Renton, WA?

tecmage's suggestion is a good one. If you're going to commute I'd err on the side of S.Seattle vs. N.Seattle to avoid paying the 520 toll. If you'll be on public transport then it wouldn't matter either way. Commutes to Redmond should be quicker coming across 520 (most of the time). Nothing is quic...
by jjunk
Mon Jun 16, 2014 2:27 pm
Forum: Personal Consumer Issues
Topic: Good places to live in Renton, WA?
Replies: 21
Views: 5007

Re: Good places to live in Renton, WA?

Yeah, I don't think you're going to have a good option. One of you is going to have a crappy commute. If you'll be working for Microsoft, you can always use company transportation and work on the bus. King Cty. Metro has Wi-Fi as well so you can work on your commute if you're not MSFT. You might wan...
by jjunk
Mon Jun 16, 2014 2:13 pm
Forum: Personal Consumer Issues
Topic: Good places to live in Renton, WA?
Replies: 21
Views: 5007

Re: Good places to live in Renton, WA?

Renton has higher crime than other areas on the East Side so its something to consider. The positive side of that is that rents are cheaper than the rest of the areas between the 520 and 90 bridges (Bellevue, Redmond, Kirkland, Issaquah, Sammamish). I live in Redmond and currently pay $1725 for 620s...
by jjunk
Thu Jun 05, 2014 5:53 pm
Forum: Personal Investments
Topic: Wondering if I am on track for where I want to be
Replies: 6
Views: 999

Re: Wondering if I am on track for where I want to be

I do get a good amount of time off, not 150 days though. I have 5wks vacation and I carry over another 5wks every year because I rarely feel I have time to take it and get my work done at the level I expect it to be done. I have another 2wks sick pay and some floating holidays. I will be taking a co...
by jjunk
Thu Jun 05, 2014 5:21 pm
Forum: Personal Investments
Topic: Wondering if I am on track for where I want to be
Replies: 6
Views: 999

Re: Wondering if I am on track for where I want to be

That's a very good point and something we've considered. We do save a lot, mostly because we don't spend anything and have nothing else we really do with the money :happy. It's a very fortunate position we've worked and saved ourselves into. For us, the idea of working retirement seems like the midd...
by jjunk
Thu Jun 05, 2014 4:56 pm
Forum: Personal Investments
Topic: Wondering if I am on track for where I want to be
Replies: 6
Views: 999

Re: Wondering if I am on track for where I want to be

Thanks. I'm not assuming the market wont crash actually, I assume it probably will. I just know if it does, we'll either pick up more work or spend less until we recover. Obviously if we go into a depression like era, then I'm probably out of luck. I did run a couple of Firecalcs: Spending 45k/yr fo...
by jjunk
Thu Jun 05, 2014 2:03 pm
Forum: Personal Investments
Topic: Wondering if I am on track for where I want to be
Replies: 6
Views: 999

Wondering if I am on track for where I want to be

Emergency funds: None, have Roth's if needed Debt: No debt, renter Tax Filing Status: Married Filing Jointly, no children Tax Rate: 28% Federal, 0% State State of Residence: WA Age: 40 Desired Asset allocation: 70% stocks / 30% bonds Desired International allocation: 20% of stocks Current portfolio ...
by jjunk
Tue Jan 21, 2014 10:48 am
Forum: Personal Consumer Issues
Topic: What's your dream car?
Replies: 197
Views: 20116

Re: What's your dream car?

Porsche Cayman S, PCH

I actually owned an 09 version of the car, loved it. But a cross country move forced me to sell her so I'm biding my time before I can purchase one again. Maybe in 4-5yrs. The Blue Ridge is a fantastic place to drive btw.
by jjunk
Mon Jan 20, 2014 11:12 am
Forum: Investing - Theory, News & General
Topic: Question about backdoor Roth and 'basis' for taxes
Replies: 3
Views: 569

Re: Question about backdoor Roth and 'basis' for taxes

Thanks! That makes sense. When I add those amounts back into the tool my refund jumps substantially. I guess I need to file the amended returns and apply for an extension to ensure there isn't anyone from the IRS knocking at my door. I feel so :oops:
by jjunk
Mon Jan 20, 2014 10:24 am
Forum: Investing - Theory, News & General
Topic: Question about backdoor Roth and 'basis' for taxes
Replies: 3
Views: 569

Question about backdoor Roth and 'basis' for taxes

First, I understand I should probably talk with a tax professional here but I figured someone on the boards has either hit this question or knows the answer so I thought I would ask here first. This past tax year, I made the following contributions to TIRA's: 2012 contribution (made 2/20/13): $5000 ...
by jjunk
Wed Jan 15, 2014 3:18 pm
Forum: Personal Investments
Topic: vanguard quality of service
Replies: 63
Views: 6326

Re: vangurd quality of service

Agreed. The Vanguard customer service is mediocre at best. I moved my assets from them to Fidelity purely because of the excellent experiences I've had with Fidelity vs. those I've had with Vanguard. That said, if I were someone wanting to specifically own Vanguard funds, I would stay with them. I c...
by jjunk
Mon Dec 30, 2013 1:31 am
Forum: Investing - Theory, News & General
Topic: Correct my misunderstanding of funds vs CDs (please)
Replies: 33
Views: 3845

Re: Correct my misunderstanding of funds vs CDs (please)

Thanks! I appreciate the follow-up response. Sounds like I might be trying to get too fancy for my own good and should just stick with the TBM type funds.
by jjunk
Mon Dec 30, 2013 12:25 am
Forum: Investing - Theory, News & General
Topic: Correct my misunderstanding of funds vs CDs (please)
Replies: 33
Views: 3845

Re: Correct my misunderstanding of funds vs CDs (please)

Thanks ogd, since my accounts are all at Fido, these will all be brokered CDs. Right now I have some 7yr CDs @ 2.75%, which isn't quite as good as the PenFed 5yr but I still feel its a better overall deal than the TBM yield for that length of time. I know I cant sell them until they've matured, whic...
by jjunk
Sun Dec 29, 2013 8:28 pm
Forum: Investing - Theory, News & General
Topic: Correct my misunderstanding of funds vs CDs (please)
Replies: 33
Views: 3845

Re: Correct my misunderstanding of funds vs CDs (please)

Thanks Doc, those are all good, fair points and I appreciate the viewpoints below. I'm not worried about the losing money aspect so much as trying to make what I see as the mathematically superior choice given two options. The point about being different than the market is a very good one though and...
by jjunk
Sun Dec 29, 2013 6:06 pm
Forum: Investing - Theory, News & General
Topic: Correct my misunderstanding of funds vs CDs (please)
Replies: 33
Views: 3845

Re: Correct my misunderstanding of funds vs CDs (please)

Thanks Doc. I actually am looking at this a different way. That is I am looking at generating a higher return (via CDs) over the same effective duration as the TBM funds while having lower overall risk, which seems to hold true with all of the above being equal. The 20yr treasury would be a fundamen...
by jjunk
Sun Dec 29, 2013 2:32 pm
Forum: Investing - Theory, News & General
Topic: Correct my misunderstanding of funds vs CDs (please)
Replies: 33
Views: 3845

Re: Correct my misunderstanding of funds vs CDs (please)

Thanks everyone. Sounds like my overall understanding here is pretty sound. I do plan on holding the CDs to maturity so that's not a risk for me per se. My main goal was to maximize my return while minimizing my overall credit risk, which it sounds like I would accomplish by holding CDs vs. a bond f...
by jjunk
Sun Dec 29, 2013 12:03 pm
Forum: Investing - Theory, News & General
Topic: Correct my misunderstanding of funds vs CDs (please)
Replies: 33
Views: 3845

Correct my misunderstanding of funds vs CDs (please)

I've been doing a lot of reading lately on the fixed income side, both here, other sites and through various books (Bonds for Dummies type stuff). I've grown fond of the idea that holding a 5,7 or 10yr CD might provide a more guaranteed return over a similar bond fund but I still cant correlate how ...
by jjunk
Sun Dec 29, 2013 9:22 am
Forum: Investing - Theory, News & General
Topic: Redoing portfolio, question on fixed income side
Replies: 2
Views: 641

Re: Redoing portfolio, question on fixed income side

Thanks stlutz, I appreciate the response particularly on the credit risk side. I hadn't really thought about allocation as a percentage of risk but moreso as a percentage of asset class (corporates in this case). Looking at it from a risk side makes a lot more sense.
by jjunk
Fri Dec 27, 2013 2:58 pm
Forum: Investing - Theory, News & General
Topic: Redoing portfolio, question on fixed income side
Replies: 2
Views: 641

Redoing portfolio, question on fixed income side

I'm moving my portfolio from a mix of Wellington/Wellesley to a more traditional indexed portfolio. My accounts are all at Fidelity so I'll be using the Spartan Total US and International funds for my equity positions. My question is on the fixed income side. I've read many of the posts here regardi...
by jjunk
Thu Dec 19, 2013 4:15 pm
Forum: Investing - Theory, News & General
Topic: Good wesbite/spreadsheet for individual bond tracking?
Replies: 4
Views: 1314

Re: Good wesbite/spreadsheet for individual bond tracking?

Thanks all, the Bond Portfolio Spreadsheet is exactly what I was looking for. Thank you Peculiar. I'll probably use it as an opportunity to learn more about Excel and work on something like this myself. Just need more free time
by jjunk
Thu Dec 19, 2013 10:49 am
Forum: Investing - Theory, News & General
Topic: Good wesbite/spreadsheet for individual bond tracking?
Replies: 4
Views: 1314

Good wesbite/spreadsheet for individual bond tracking?

Without being an Excel wiz, I'm trying to find something that would allow me to track my individual fixed income (CDs, bonds, etc) in such a way that aggregates the maturity dates and coupon rates to reflect something similar to what I would see when reviewing a total bond fund (eg. my average durat...
by jjunk
Mon Dec 09, 2013 2:48 pm
Forum: Personal Investments
Topic: Do CDs make sense for investors with a long time horizon?
Replies: 29
Views: 3153

Re: Do CDs make sense for investors with a long time horizon

I'm glad you asked this Matt as I've considered this was well. I've decided to just keep in my bond fund. I use AGG instead of TBM but we're basically in the same boat. It's commonly stated that its more about the duration of the fund vs. rate risk. For example, any intermediate term fund right now ...
by jjunk
Wed Oct 30, 2013 3:59 pm
Forum: Investing - Theory, News & General
Topic: Do sweep accounts require minimum balances at Vanguard?
Replies: 32
Views: 3947

Re: Do sweep accounts require minimum balances at Vanguard?

Thanks all, sounds like leaving it at a penny is the way to go. I appreciate the answer.
by jjunk
Wed Oct 30, 2013 3:12 pm
Forum: Investing - Theory, News & General
Topic: Do sweep accounts require minimum balances at Vanguard?
Replies: 32
Views: 3947

Do sweep accounts require minimum balances at Vanguard?

I opened a sweep account to move distributions from my current mutual fund holdings to it vs. my bank. When I try to set up the distributions to go into that account it says that's not possible because "Dividends and capital gains cannot be established to an account with a zero balance". M...
by jjunk
Tue Oct 29, 2013 10:43 am
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

YDNAL;

Totally understand your point. I wasn't planning to use FSIIX though, I was planning on FSGDX which is closer to VXUS on the Vanguard side.

https://fundresearch.fidelity.com/mutua ... /316146141
by jjunk
Tue Oct 29, 2013 9:57 am
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

LOL pingo, great story. I know no one is perfect and I understand those of you who think this is childish. I put my thoughts on a public message board and asked for opinions and I got them :D. I'm not offended by anyone's position on this and I am actually glad I asked because I never would have kno...
by jjunk
Mon Oct 28, 2013 8:54 pm
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

I appreciate everyone's take on my post and the advice given. I also appreciate others sharing their customer service stories with me. I guess I'd like to clarify one thing though, while probably a little bit of an overreaction as I said previously, I'm actually not the type to just up and take my b...
by jjunk
Mon Oct 28, 2013 2:05 pm
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

Thanks, I agree with you in regards to selling my Roths to cash and then moving them out as cash, which is probably what I'll do. My W/W holdings make up the majority of my accounts so that introduces complexity to the whole situation, which isn't ideal. I'm going to give Vanguard another call to ta...
by jjunk
Mon Oct 28, 2013 1:20 pm
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

Thanks for that placeholder, definitely something to look into.
by jjunk
Mon Oct 28, 2013 12:44 pm
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

Thanks for the advice all. I 100% understand the point of view of cutting off my nose to spite my face and it's good advice. It appears that the best thing to do to move this is actually wait for the positions I have to move to LT Capital Gains and then sell the positions and move the money. This do...
by jjunk
Mon Oct 28, 2013 12:07 pm
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

Thanks Alex, I suspect there will be problems as well :happy

It looks like Fidelity doesn't allow the transfer of Wellington/Wellesley in their system so I have to sell off the positions and then move the cash to them specifically. So that will take me a while to accomplish.
by jjunk
Mon Oct 28, 2013 11:46 am
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Re: Moving all of your funds out of Vanguard

Thanks all, I'll call Fidelity and mention the in-kind transfer, that's exactly what I was looking for. As for the experience, it had to do with adding a brokerage sweep account onto my main account. Long story short, my main issue was the Vanguard reps told me a couple of times they'd call me back ...
by jjunk
Mon Oct 28, 2013 11:34 am
Forum: Investing - Theory, News & General
Topic: Moving all of your funds out of Vanguard
Replies: 75
Views: 8738

Moving all of your funds out of Vanguard

I had a pretty bad customer service experience with Vanguard over the last week and have decided they don't deserve to have my business anymore. Currently I have multiple accounts with them and want to know the best way to move Roth accounts specifically. Right now, it appears that my best option is...
by jjunk
Wed Oct 02, 2013 1:15 pm
Forum: Personal Investments
Topic: How to unwind a profitable position and rebalance?
Replies: 14
Views: 1737

Re: How to unwind a profitable position and rebalance?

Thanks for all the replies. I really should have looked at the wiki for this (thanks again for the link). @less: I'm not looking for a better return, just more tax efficiency. I bought Wellington and Wellesley because of their track record and I like the companies they own in their stock portfolios....