Search found 136 matches

by Code Commit
Tue Dec 03, 2013 2:49 pm
Forum: Personal Investments
Topic: Etrade Solo 401k most flexible? Problems?
Replies: 39
Views: 18312

Re: Etrade Solo 401k most flexible? Problems?

-downside(?): the retirement specialist emphasized this plan is for individuals. If you got employees, you would need to use a 3rd party to help with plan doc, though could keep the same plan with TD Ameritrade. The third party would probably charge in the hundreds per year (can't remember if it wa...
by Code Commit
Tue Dec 03, 2013 1:12 pm
Forum: Personal Investments
Topic: Etrade Solo 401k most flexible? Problems?
Replies: 39
Views: 18312

Re: Etrade Solo 401k most flexible? Problems?

I use TD Ameritrade. Easy to set up a solo 401k, has a Roth option, and comission free ETF's. I only use VT (total world) etf in this accout. I would recommend TD Ameritrade. FFFollower , would you be able to elaborate a little more on the contribution process at TD Ameritrade? e.g. are you able to...
by Code Commit
Mon Dec 02, 2013 12:10 pm
Forum: Personal Investments
Topic: Is there a way for you and I to borrow at the Fed rate?
Replies: 11
Views: 1529

Re: Is there a way for you and I to borrow at the Fed rate?

Hmm, depends on how much and for how long do you want to borrow (and of course, your credit history). I still keep getting bombarded with 0% APR offers for 15-18 months for purchases and balance transfers. Also, the Fed rate is the rate that institutions charge each other on overnight basis. If I bu...
by Code Commit
Fri Nov 29, 2013 7:42 pm
Forum: Personal Investments
Topic: looking at solo 401k and SEP options - which and where
Replies: 27
Views: 2638

Re: looking at solo 401k and SEP options - which and where

Were you able to confirm that it is okay with the IRS to open the two simultaneously? sophiainvests, I have not specifically asked IRS to confirm if it was okay (nor have I actually opened a SEP in addition to i-401k as I had no need to). But here is what the form 5305-SEP says: http://www.irs.gov/...
by Code Commit
Fri Nov 29, 2013 7:18 pm
Forum: Personal Investments
Topic: looking at solo 401k and SEP options - which and where
Replies: 27
Views: 2638

Re: looking at solo 401k and SEP options - which and where

Termination of 401k plan requires that certain reports be filed with IRS and spouse must consent in writing to naming non spouse as death beneficiary of 401k plan. 2. The annual reporting requirement after plan assets exceed $250k is a trivial single page Form 5500-EZ. The custodian provides you wi...
by Code Commit
Fri Nov 29, 2013 7:08 pm
Forum: Personal Investments
Topic: looking at solo 401k and SEP options - which and where
Replies: 27
Views: 2638

Re: looking at solo 401k and SEP options - which and where

Thanks Polaris and EmergDoc, Have been finding more info to suggest in theory IRS would allow you to have both solo 401k and SEP and split your contributions among them each year (thus being able to have admiral shares or ETFs via the SEP) with max of about $52,000 per year. Today, however, an expe...
by Code Commit
Tue Nov 26, 2013 9:12 pm
Forum: Investing - Theory, News & General
Topic: Tax advantage accounts maximum contribution
Replies: 35
Views: 2413

Re: Tax advantage accounts maximum contribution

LazyNihilist wrote:If a person can contribute max. of $17,500 and if the total of employer contribution should not exceed $51,000. Are there instances where employers contribute $33,500?
Self-employed folks definitely like their "employer" entity to contribute as much as possible.
by Code Commit
Sat Nov 23, 2013 5:12 pm
Forum: Investing - Theory, News & General
Topic: Equal Location or Asset Location?
Replies: 42
Views: 3724

Re: Equal Location or Asset Location?

Why of course! Did you see my many other REIT posts? We have both friends and family members that made HUGE returns and cash flow from both direct real estate and REITs. The REITs were in both taxable and tax advantaged accounts as part of an equal location approach to an overall diversified portfo...
by Code Commit
Sat Nov 23, 2013 11:07 am
Forum: Investing - Theory, News & General
Topic: Equal Location or Asset Location?
Replies: 42
Views: 3724

Re: Equal Location or Asset Location?

We make one small difference between accounts and that is Total Bond Index in tax free accounts with Intermediate Term Tax Exempt in taxable accounts. Is that really the only difference? From your earlier posts, you hold a big chunk in REITs. Do you really hold those in your taxable accounts (in li...
by Code Commit
Sat Nov 23, 2013 9:59 am
Forum: Investing - Theory, News & General
Topic: Equal Location or Asset Location?
Replies: 42
Views: 3724

Re: Equal Location or Asset Location?

As linked/quoted in the Wiki, here is the Rick Ferri link: http://www.bogleheads.org/forum/viewtopic.php?f=1&t=98662#p1426569 I always took that as Mr Ferri's firm just gave up trying to explain to recalcitrant clients the benefits of asset location. That is, rather than lose clients, they went...
by Code Commit
Thu Nov 21, 2013 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Bank Fees
Replies: 15
Views: 1766

Re: HSA Bank Fees

I am confused. The link says it is $2.50 per month if we dont have suffiient balance in cash (invested in td amer does not count). So that equates to $30/hr. What is the $36/yr that some of the posters are talking? I am moving to an individual HSA plan from dec and can pick any providers for my HSA...
by Code Commit
Wed Nov 20, 2013 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Bank Fees
Replies: 15
Views: 1766

Re: HSA Bank Fees

I have a similar arrangement with HSA Bank + TD Ameritrade. It really depends on how you are using this account. If you are mostly using it as contribute-and-spend type account, then you probably could just stick with no-fee HSA's available at many credit unions (of course, with mostly paltry rates)...
by Code Commit
Thu Nov 14, 2013 8:52 pm
Forum: Personal Investments
Topic: Trying to help a friend. I'm not qualified.
Replies: 13
Views: 1543

Re: Trying to help a friend. I'm not qualified.

Just to add to the other replies, your friend needs to focus on actually saving a whole lot more and living below his means. The decision about which funds to invest is less important. Any of those hands-off TR funds would be just fine.
by Code Commit
Thu Nov 14, 2013 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k and SEP IRA ?s
Replies: 16
Views: 1829

Re: Solo 401k and SEP IRA ?s

^ DSInvestor explained it very well. In my experience, the 401k deferral is left in the business account (as mentioned by DSInv ), whereas other withheld amounts like employee payroll taxes, federal/state income taxes, etc. don't stay in my business account. My payroll service (SurePayroll) submits ...
by Code Commit
Thu Nov 14, 2013 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k and SEP IRA ?s
Replies: 16
Views: 1829

Re: Solo 401k and SEP IRA ?s

The employee deferral of $17.5k has to come out of your $20k salary. Yes. If you are using a payroll system, it will have an option to enter your 401k employee deferral, so that payroll taxes are withheld correctly and 401k contributions are also correctly reported on W2. With my back of the envelop...
by Code Commit
Thu Nov 14, 2013 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k and SEP IRA ?s
Replies: 16
Views: 1829

Re: Solo 401k and SEP IRA ?s

Assuming 20K salary, you could contribute as follows: 1) Up to 100% of salary or 17.5K Employee salary deferral (withheld from paychecks). 2) Up to 25% of 20K salary or 5K Employer profit share. I am not sure if you can make $22.5k total contributions with a W2 salary of $20K. Here is my source. Pl...
by Code Commit
Mon Nov 04, 2013 11:55 am
Forum: Investing - Theory, News & General
Topic: Current Retirees: how much tax you pay?
Replies: 55
Views: 7364

Re: Current Retirees: how much tax you pay?

What I meant by that is that I suspect tax software starts from your W2 information and does not include 401k contributions, pre-tax insurance premiums, or FSA/HSA contributions in the denominator. If you are retired, none of these should apply, so the calculation might be correct. This is exactly ...
by Code Commit
Sat Nov 02, 2013 10:57 am
Forum: Personal Investments
Topic: Should I keep contributing to a 529 plan?
Replies: 27
Views: 2245

Re: Should I keep contributing to a 529 plan?

I'm not sure I agree with this point. A 529 plan is a similar mechanism to a ROTH IRA. You put money in after-tax but you pay nothing when you take it out. Assuming a ROTH IRA is equivalent a regular IRA (that is another arguement), then I'm just trading one tax-advantaged account (my wife's 401k) ...
by Code Commit
Fri Nov 01, 2013 1:19 pm
Forum: Personal Investments
Topic: VBS users – Be ON ALERT regarding this purchase method!
Replies: 57
Views: 13362

Re: VBS users – Be ON ALERT regarding this purchase method!

I buy the shares then move the money from an outside bank account that same day or the next time. I do this 1-2 times a month and have not had any issues. 1) How do you move the money from the bank? If you start it from VG it takes a couple of days. I don't know how you can push it from your bank i...
by Code Commit
Fri Nov 01, 2013 9:51 am
Forum: Personal Investments
Topic: VBS users – Be ON ALERT regarding this purchase method!
Replies: 57
Views: 13362

Re: VBS users – Be ON ALERT regarding this purchase method!

^ from bank account (technically, credit union checking account, but not certainly another brokerage account). Re: SEC rules and such - I don't know. But, other brokers don't even have this confusion. At Fidelity, if I initiate a transfer now, it immediately shows that money "ready for trading&...
by Code Commit
Fri Nov 01, 2013 9:23 am
Forum: Personal Investments
Topic: VBS users – Be ON ALERT regarding this purchase method!
Replies: 57
Views: 13362

Re: VBS users – Be ON ALERT regarding this purchase method!

Just wanted to share my experience, which was different than mentioned (or cautioned) in the OP. Note that I had done this before as well with no problem, but was wondering if this was a new enforcement. This is in a Roth IRA, so no margin account. 10/28 - Bought VSS worth $1050 in VBS in the mornin...
by Code Commit
Thu Oct 31, 2013 1:33 pm
Forum: Investing - Theory, News & General
Topic: DFA - Where's the alpha?
Replies: 96
Views: 15536

Re: DFA - Where's the alpha?

..., so the real take-home for investors is don't go to an adviser just to gain access to DFA funds. +1. I have always wondered where this advisor requirement comes from and why it is still there. Is it DFA that has always insisted on restricting access to their funds through approved advisors? But...
by Code Commit
Wed Oct 23, 2013 12:08 pm
Forum: Personal Investments
Topic: Contributing to Individual 401k and SEP IRA in the same year
Replies: 3
Views: 521

Re: Contributing to Individual 401k and SEP IRA in the same

Thank you, Spirit Rider for the quick response. I had the nagging feeling that I must be missing some additional limit. I didn't realize the limit of 25% of W2 would apply across plans.
by Code Commit
Wed Oct 23, 2013 11:36 am
Forum: Personal Investments
Topic: Contributing to Individual 401k and SEP IRA in the same year
Replies: 3
Views: 521

Contributing to Individual 401k and SEP IRA in the same year

Hi, The short version: S-Corp with only me and spouse as employees. We already have Individual 401k accounts. Could we defer some more income by contributing to SEP IRA's in the same year? Long version (including the research I have done so far). Let's say we have combined W2-income of $100,000. Bot...
by Code Commit
Thu Oct 17, 2013 7:46 pm
Forum: Investing - Theory, News & General
Topic: Using 529 Stable Value Fund for non-college savings
Replies: 11
Views: 2448

Re: Using 529 Stable Value Fund for non-college savings

Kevin, I have been using CO's SVF for a portion of fixed income for my 529 accounts (intended for college). So I will just add minor logistical caveats if you were to use it as an online savings account. Although there is a automatic/periodic contribution option, you can only use it to contribute on...
by Code Commit
Thu Oct 17, 2013 7:03 pm
Forum: Investing - Theory, News & General
Topic: Buying Stock in Pro Athletes
Replies: 20
Views: 2257

Re: Vanguard's future index fund!

swimirvine wrote:That's why we need an Index Fund!
+1.

We need Total NFL fund, Total MLB fund, Total NBA fund, and so on. So we could argue about slicing and dicing those for optimal risk-adjusted returns.
by Code Commit
Fri Sep 27, 2013 10:48 am
Forum: Personal Investments
Topic: 529 for emergency savings
Replies: 4
Views: 741

Re: 529 for emergency savings

If I need to access the money, I just can sell the bond fund and withdraw the $30K principal without penalty, leave any earnings from this investment in the account for my kids. Does this sound like a good plan? I don't think it works that way. Principal and earnings are pro-rated for determining t...
by Code Commit
Wed Sep 25, 2013 1:29 pm
Forum: Personal Investments
Topic: 529 in Estate Planning
Replies: 21
Views: 2216

Re: 529 in Estate Planning

Most folks have the parent as the account owner and the child as the beneficiary. Financial aid formulas regard both a parent owned 529 and a child owned 529 in a similar fashion. Parent owned assets count at about 5% toward EFC on FAFSA. Child owned assets count at 20% toward EFC. It is not accura...
by Code Commit
Tue Sep 24, 2013 10:59 am
Forum: Investing - Theory, News & General
Topic: Deleted
Replies: 31
Views: 7290

Re: Utah 529: new DFA funds and lower fees

... I like the simplicity of the Vanguard 529 Plan under auspices of State of Nevada which can be set up on the Vanguard website. And I am more familiar with Vanguard fund options than DFA. You can't go wrong with Nevada 529 as well, but just to clarify, Utah 529 has all Vanguard options that Nevad...
by Code Commit
Wed Sep 11, 2013 8:31 am
Forum: Personal Investments
Topic: TIPS - Going Down with the Ship?
Replies: 112
Views: 16126

Re: TIPS - Going Down with the Ship?

I believed that should have been " has recommended 50%... in TIPS" and that this was circa 2009 (which was of course back-up-the-truck days for buying TIPS). Whether the results and volatlity since have caused him to change his recommended allocation would be interesting to know. For some...
by Code Commit
Wed Sep 11, 2013 8:18 am
Forum: Personal Investments
Topic: TIPS - Going Down with the Ship?
Replies: 112
Views: 16126

Re: TIPS - Going Down with the Ship?

abuss368 wrote:50% is a lot to keep in TIPS.
I believe, David Swensen is one of your favorite authors. http://www.bogleheads.org/wiki/Lazy_por ... _portfolio (He recommends 50% of fixed income in TIPS. It does not seem all that outlandish).
by Code Commit
Tue Sep 10, 2013 2:33 pm
Forum: Personal Investments
Topic: iShare ETFs vs Spartan mutual funds at Fidelity ?
Replies: 24
Views: 6922

Re: iShare ETFs vs Spartan mutual funds at Fidelity ?

ghe wrote:
-The Spartans have the ERs (although quite low) but ETFs don't.
ETF's definitely have ER's. e.g. https://screener.fidelity.com/ftgw/etf/ ... ymbols=IVV shows net expense ratio of 0.07%
by Code Commit
Mon Sep 09, 2013 12:34 pm
Forum: Investing - Theory, News & General
Topic: "How Do Your Financial Priorities Stack Up w/ Our Pyramid?"
Replies: 3
Views: 1140

"How Do Your Financial Priorities Stack Up w/ Our Pyramid?"

http://news.morningstar.com/articlenet/article.aspx?id=609806 Not news to Bogleheads. But a nice article by Christine Benz over at Morningstar, on focusing on the right things. Sometimes, we spend inordinate amount of time choosing funds, differentiating between funds and ETFs, or TIPS vs i-Bonds, e...
by Code Commit
Sat Sep 07, 2013 7:53 pm
Forum: Investing - Theory, News & General
Topic: new bie question: ETF versus Fund by Vangaurd
Replies: 7
Views: 1150

Re: new bie question: ETF versus Fund by Vangaurd

allow me to GROSSLY OVERSTATE the case against ETFs . In reality, these are trivial and unimportant. I respect nisiprius for being completely honest here :happy About the THREE ETF BELLYACHES: 1. In the linked thread, the problem was with a specific ETF (i.e. VIOV) and a specific broker (Wells Farg...
by Code Commit
Fri Sep 06, 2013 7:24 am
Forum: Personal Consumer Issues
Topic: Boston this weekend
Replies: 25
Views: 2567

Re: Boston this weekend

If you are planning to visit Museum of Fine Arts, then a Bank of America debit or credit card will give you free entry this weekend.

http://museums.bankofamerica.com/

The other free museum this weekend is MIT Museum (which I have not visited).
by Code Commit
Fri Sep 06, 2013 1:00 am
Forum: Personal Investments
Topic: How does this allocation look?
Replies: 8
Views: 996

Re: How does this allocation look?

After 7 months of investing here is what my portfolio allocation looks like: I think I need to increase my allocation towards VXUS, and maybe VTI also. Any initial thoughts/areas for improvement? Don't you have to compare this with your initial plan (assuming one exists) to know if you need changes...
by Code Commit
Sun Aug 25, 2013 9:13 pm
Forum: Investing - Theory, News & General
Topic: Honest answer, as if it were your money and your child.
Replies: 30
Views: 4210

Re: Honest answer, as if it were your money and your child.

Cute, but probably not super helpful. I've seen a lot of investors grappling with this high stock/low bond environment, it can FEEL surprisingly hard to deal with event though it shouldn't be. Sorry, if that sounded offensive. But, you do have to guard against feelings when you are investing. If yo...
by Code Commit
Sun Aug 25, 2013 8:39 pm
Forum: Investing - Theory, News & General
Topic: Honest answer, as if it were your money and your child.
Replies: 30
Views: 4210

Re: Honest answer, as if it were your money and your child.

livesoft wrote:Wow, everything you don't want to buy is something I already own. Should I sell my entire portfolio tomorrow morning?
I think so. You don't want to be foolish :wink:
by Code Commit
Fri Aug 23, 2013 4:33 pm
Forum: Personal Consumer Issues
Topic: Object oriented programming for a high school junior
Replies: 84
Views: 9055

Re: Object oriented programming for a high school junior

I think the point of a high school course would be to teach concepts that would work for most any language. Thus, the language really doesn't matter that much, but Java is a great choice. And the step into the world of OOP is important which is something that C does not give one directly. Yes, this...
by Code Commit
Tue Aug 20, 2013 2:26 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 Index fund with 2.7% ER
Replies: 22
Views: 3852

Re: S&P 500 Index fund with 2.7% ER

HERE is a list put together May 2012 with 38 S&P 500 funds - the highest ER shown is 0.60%. That probably is not the complete list. http://quotes.morningstar.com/fund/f?t=RYSYX&region=USA&culture=en-US 2.28% expense ratio with still $300+ million assets. Someone thinks it is a good idea.
by Code Commit
Tue Aug 20, 2013 2:10 pm
Forum: Personal Investments
Topic: HSA through HSABank, treating like an IRA help
Replies: 10
Views: 1540

Re: HSA through HSABank, treating like an IRA help

Also VSS is available. That's what I've been buying. I don't keep anything at HSA bank and just eat the $3 monthly low balance fee. $36 per year. The expected return of VSS is, what, 10% per year? On a $6450 balance that's $645 the first year alone. While I hate paying $36 for nothing, it still see...
by Code Commit
Tue Aug 20, 2013 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: solo 401(K) questions
Replies: 20
Views: 1937

Re: solo 401(K) questions

1) I will be able to contribute around $30K this year and I understand that it will have to be specified as employer and employee portions. Does it matter which comes first? Is there, let's say, an advantage to contributing mostly to an employer or an employee portion in any given year for solo 401...
by Code Commit
Tue Aug 20, 2013 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: solo 401(K) questions
Replies: 20
Views: 1937

Re: solo 401(K) questions

JamesSFO wrote: (2) You have to meet any minimum purchase requirements, $3K for most investor shares and $1K for Target funds.
For Vanguard's Individual 401k, there are no minimum purchase requirements. You can put $10 in VTSMX if you want.
by Code Commit
Tue Aug 20, 2013 1:07 pm
Forum: Investing - Theory, News & General
Topic: Swedroe On Int'l Allocation
Replies: 38
Views: 5735

Re: Swedroe On Int'l Allocation

Here is a decent article on this subject: http://www.investorschronicle.co.uk/2011/07/14/comment/chris-dillow/the-emerging-market-growth-myth-aRKx7RWKzYJtXSYEyNkYqI/article.html http://www.hendershotinvestments.com/new/hendershotinvestments/Lunch%20with%20Jack%20Bogle.pdf?advisorid=331723 (Intervie...
by Code Commit
Tue Aug 20, 2013 12:35 pm
Forum: Investing - Theory, News & General
Topic: Swedroe On Int'l Allocation
Replies: 38
Views: 5735

Re: Swedroe On Int'l Allocation

Tigermoose wrote: I thought it was acknowledged here on Bogleheads that growth does not equal or correlate with increased equity returns?
Do you think that acknowledgement is universal among all Bogleheads, or in any way, conclusive? (Don't shoot me, I am just the messenger :wink: ).
by Code Commit
Tue Aug 20, 2013 12:08 pm
Forum: Investing - Theory, News & General
Topic: Swedroe On Int'l Allocation
Replies: 38
Views: 5735

Re: Swedroe On Int'l Allocation

From my 9th edition of "A Random Walk Down Wall Street," dunno if it's changed in the latest edition, anyone have a copy? I am not sure why he chooses to show and describe the "portfolio with the least risk" rather than the tangent line drawn from the riskless asset, but he does...
by Code Commit
Mon Aug 19, 2013 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: $ monthly contribution to 529/college savings
Replies: 60
Views: 11846

Re: Poll: $ monthly contribution to 529/college savings

I have a large student loan debt and hope my children do not have to take on such debt. This is why I'm interested in starting early for them Well, your intention is certainly noble, but given that you have comfortable income, wouldn't it be better if you attacked your own student loan first? [Of c...
by Code Commit
Mon Aug 19, 2013 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Poll: $ monthly contribution to 529/college savings
Replies: 60
Views: 11846

Re: Poll: $ monthly contribution to 529/college savings

About $400-500 per month per child. We have three. For the first two, we started 3-4 months before birth (with mother as beneficiary, temporarily). For the last one, we started 4-5 months after. I agree that 529 contributions should come only after you have covered retirement contributions and debt ...
by Code Commit
Sat Aug 17, 2013 9:58 am
Forum: Investing - Theory, News & General
Topic: Any US-Only/Mostly-US Stock Holders Getting Nervous?
Replies: 114
Views: 14703

Re: Any US-Only/Mostly-US Stock Holders Getting Nervous?

I like understanding what I'm investing in. I like seeing the products of the companies I've invested in. I like the broad coverage and analysis of them. I am uncomfortable with the focus of single stock investing. I am uncomfortable with international investing; I don't understand the accounting a...