Search found 2185 matches

by asif408
Fri May 16, 2014 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Switch car insurance? State Farm vs GEICO
Replies: 42
Views: 44121

Re: Switch car insurance? State Farm vs GEICO

I believe I heard Clark Howard (or someone else on the radio) mention recently that some auto insurance companies are taking advantage of loyal customers like yourself and raising rates because they know they are unlikely to leave. I think it's good to keep the auto insurance companies on their toe...
by asif408
Fri May 16, 2014 11:23 am
Forum: Personal Investments
Topic: Portfolio review requested
Replies: 11
Views: 1571

Portfolio review requested

Emergency funds: 3 months of expenses Debt: None Tax Filing Status: Married Filing Jointly Tax Rate: 15% Federal, 0% State State of Residence: FL Age: 34 Desired Asset allocation: 70% stocks / 30% bonds Desired International allocation: 33% of stocks Currently portfolio mid five figures (~$39,400) C...
by asif408
Thu May 15, 2014 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Switch car insurance? State Farm vs GEICO
Replies: 42
Views: 44121

Re: Switch car insurance? State Farm vs GEICO

I recently switched from Allstate to GEICO. My annual premiums were $900+ with Allstate and dropped to $600 with GEICO for the same coverage. If I were in your shoes I'd switch. I believe I heard Clark Howard (or someone else on the radio) mention recently that some auto insurance companies are taki...
by asif408
Thu May 15, 2014 7:40 am
Forum: Personal Investments
Topic: 457(b) fixed income options
Replies: 8
Views: 1503

Re: 457(b) fixed income options

Asif: you can read more about such funds in our Wiki: http://www.bogleheads.org/wiki/Stable_value_fund . Because the yield is so high and Nationwide reputable, I'd just go ahead and use it. If you still have qualms about it, you could put half into one of the other funds, probably Blackrock. In thi...
by asif408
Thu May 15, 2014 7:36 am
Forum: Investing - Theory, News & General
Topic: Passive investing affecting market efficiency
Replies: 9
Views: 1370

Re: Passive investing affecting market efficiency

A world in which everyone indexed would be a utopia in which greed doesn't exist and people are satisfied with what they have. I see human nature as insatiable and there will always be people trying to get more out of the market. Therefore, I feel pretty safe indexing. In this case the greed and des...
by asif408
Wed May 14, 2014 6:16 pm
Forum: Personal Investments
Topic: 457(b) fixed income options
Replies: 8
Views: 1503

Re: 457(b) fixed income options

Fposte,

Thanks for pointing that out. I'll call them tomorrow to get some clarification on that fee.
by asif408
Wed May 14, 2014 3:36 pm
Forum: Personal Investments
Topic: 457(b) fixed income options
Replies: 8
Views: 1503

457(b) fixed income options

Hello, I recently posted about my 457(b) plan I recently signed up for at work here and received some good advice. This document lists what is available to me : https://www.myfloridadeferredcomp.com/SOFWeb/publications/ImportantDocuments/QuarterlyPerformanceReport.pdf My goal is a 70% stock/30% fixe...
by asif408
Tue May 13, 2014 8:16 am
Forum: Personal Investments
Topic: brand new 457b portfolio advice?
Replies: 10
Views: 1045

Re: brand new 457b portfolio advice?

"The nice thing about the stable value fund is that the percentage is guaranteed (at least mine is for the next 3 years). I figure if the bond fund starts returning more than the stable value fund I can make the switch without any penalty." Read the footnotes first. Not all stable value funds allow...
by asif408
Mon May 12, 2014 7:41 am
Forum: Personal Investments
Topic: brand new 457b portfolio advice?
Replies: 10
Views: 1045

Re: brand new 457b portfolio advice?

I was leaning to the second as well just to be consistent across my funds. I have seen advice from other people to do the first option, so I'm torn between both. The expense ratios for my 457 aren't bad, but they're not good either. I really like the flexibility of the 457 and I'm not worried at al...
by asif408
Sun May 11, 2014 8:56 pm
Forum: Personal Investments
Topic: brand new 457b portfolio advice?
Replies: 10
Views: 1045

Re: brand new 457b portfolio advice?

I am in a similar situation to you (work for a state government, have a pension plan, Roth, and just opened a 457b account through work) and am contemplating a similar decision. I am thinking of going with the second option you proposed. Even though it isn't the cheapest, I think one advantage would...
by asif408
Fri May 09, 2014 6:31 am
Forum: Personal Investments
Topic: Fixed Contract Fund question
Replies: 4
Views: 405

Fixed Contract Fund question

I recently signed up for my company's 457b plan (I work for a state government). In the plan I signed up for, I have an option for what they call a fixed contract fund/fixed account (which I believe is just a fixed annuity) that is yielding 3.5%. Based on a suggestion from another Boglehead I am goi...
by asif408
Thu May 08, 2014 10:14 am
Forum: Personal Investments
Topic: 457(b) plan options
Replies: 6
Views: 797

Re: 457(b) plan options

Thank you all for the input. I decided to go with the Nationwide Plan, using a 50/20/30 split between the Vanguard S&P stock fund, Vanguard Total Int'l Stock Fund, and the fixed income fund paying 3.5% in place of a bond allocation. I spoke with a rep over the phone this morning and he told me there...
by asif408
Wed May 07, 2014 8:29 pm
Forum: Personal Investments
Topic: 457(b) plan options
Replies: 6
Views: 797

Re: 457(b) plan options

Hi Juan and Peter, Thanks for the info. So the fixed account rate is a guaranteed return? I didn't realize that! I was a bit confused. :oops: That does make the Nationwide Plan look more attractive. I'll be honest that I am a little wary of the stable value fund (mainly because of my lack of knowled...
by asif408
Wed May 07, 2014 2:57 pm
Forum: Personal Investments
Topic: 457(b) plan options
Replies: 6
Views: 797

457(b) plan options

Hi, I am looking into a 457(b) plan offered by my employer as another tax-deferred savings method. My options are spelled out in this document: https://www.myfloridadeferredcomp.com/SOFWeb/publications/ImportantDocuments/QuarterlyPerformanceReport.pdf I just wanted to get another set of eyes on this...
by asif408
Wed May 07, 2014 9:10 am
Forum: Investing - Theory, News & General
Topic: Why is Two Fund Less Popular Than Three Fund Portfolio?
Replies: 151
Views: 18624

Re: Why is Two Fund Less Popular Than Three Fund Portfolio?

From what I have read, the primary reasons the 3 fund is more popular than the 2 fund is: 1) Lower costs (VT 0.18% vs 0.05 for VTI and 0.14% for VXUS) 2) US bias (many investors in the US prefer more US stocks; a higher VTI allocation lowers the expense ratio further) 3) More total exposure (VT has ...
by asif408
Sun May 04, 2014 8:47 am
Forum: Personal Investments
Topic: Emerging markets and intl bonds to diversify portfolio?
Replies: 10
Views: 1707

Re: Emerging markets and intl bonds to diversify portfolio?

Re Topic 1: Approximately 18% of VTIAX is invested in emerging markets. You could add VEIEX to get the amount of exposure you want. I have approximately 26% of my international stocks in emerging markets (I think the market cap is around 21%). I don't think there is any general rule on emerging mar...
by asif408
Tue Apr 29, 2014 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Health of Defined Benefit Pension Plan
Replies: 11
Views: 1558

Re: Health of Defined Benefit Pension Plan

BH, Here is a good recent article you might find relevant: http://www.wilshire.com/media/23548/wilshire_2014_state_funding_report_20130226.pdf. Overall, state pension plan liabilities are still increasing (though at a slower rate than in the past), and more money is moving into less efficient asset ...
by asif408
Tue Apr 29, 2014 7:45 am
Forum: Investing - Theory, News & General
Topic: Why do some companies match HSA contributions?
Replies: 12
Views: 1114

Why do some companies match HSA contributions?

My best guesses are that:
1) Their cost is less for HDHPs so want to give the employee an extra incentive to use a HDHP/HSA
2) They receive a tax break on their contributions
by asif408
Fri Apr 25, 2014 7:47 am
Forum: Investing - Theory, News & General
Topic: What defines an asset class?
Replies: 6
Views: 688

What defines an asset class?

I've been reading different investing books and reading the forum here trying to figure this out. It appears to be a consensus that stocks, bonds, and cash equivalents (i.e., money market instruments) are generally considered asset classes. Real estate/REITs appear to be a point of contention, with ...
by asif408
Fri Apr 18, 2014 8:22 am
Forum: Investing - Theory, News & General
Topic: HSA funds
Replies: 2
Views: 476

HSA funds

Good morning to all, I am currently building up my HSA funds and plan to start investing some of the money starting next year. My current HSA administrator has a fairly poor and limited selection of high front end loaded mutual funds (which from reading the forums here is quite common). I have read ...
by asif408
Fri Apr 18, 2014 8:06 am
Forum: Investing - Theory, News & General
Topic: Asset allocation over time
Replies: 23
Views: 2548

Re: Asset allocation over time

Thanks to all who replied, you've given me some great ideas to consider. I'm not exactly sure yet what method I will use, but I will spend some time considering your feedback and come up with a plan to implement.
by asif408
Thu Apr 17, 2014 3:20 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation over time
Replies: 23
Views: 2548

Asset allocation over time

Good afternoon everyone, I am 34 years old and have a 70% equity/30% fixed income allocation for my IRAs. I plan to gradually shift to more fixed income over time, but I was curious how you all change your asset allocation over time in IRAs. Say, for example, you are 30 years old and had the same al...
by asif408
Thu Apr 17, 2014 1:36 pm
Forum: Personal Investments
Topic: How high of an allocation to REITs?
Replies: 25
Views: 4546

Re: How high of an allocation to REITs?

Whatever you are comfortable with and allows you to sleep at night. Personally I have about the same % as you in REITS (15% of my total portfolio). From what I've read on the forums here, this is relatively high among Bogleheads, but I have seen some others with as much, and some investing gurus (su...
by asif408
Thu Apr 17, 2014 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Short-term Bond Index Fund
Replies: 14
Views: 3745

Re: Short-term Bond Index Fund

I have an online savings account earning 0.87%. I haven't seen any short term bond funds earning more than that, so I plan to stick with the savings account.
by asif408
Wed Apr 16, 2014 9:58 am
Forum: Personal Investments
Topic: Combining Roth IRA's
Replies: 4
Views: 649

Re: Combining Roth IRA's

https://personal.vanguard.com/us/help/F ... tent.jsp#h

They covered my fees. I paid them back once the transfer was completed.
by asif408
Wed Apr 16, 2014 9:35 am
Forum: Personal Investments
Topic: Combining Roth IRA's
Replies: 4
Views: 649

Re: Combining Roth IRA's

Hi pthawaii, I just did that recently. If you have investments in your old account call VBS to make sure they will accept the investments you have; otherwise, you will have to sell them before you move. I don't think you should have any problems as long as you didn't exceed contribution limits for a...
by asif408
Wed Apr 16, 2014 7:54 am
Forum: Personal Investments
Topic: Reinvesting dividends in securities individually?
Replies: 3
Views: 420

Reinvesting dividends in securities individually?

Hello, I have a few stocks that I rolled into an IRA in a Vanguard brokerage services (VBS) account from Wells Fargo Advisors (WFA). The stocks were purchased by my WFA advisor at the time (before I was aware of indexing). They have lost some money so I am holding on to them until I can recover some...
by asif408
Tue Apr 15, 2014 11:26 am
Forum: Investing - Theory, News & General
Topic: Favorite Investing Book?
Replies: 50
Views: 7609

Re: Favorite Investing Book?

My 2 favorites are: 1) A Beginner's Guide to Investing by Alex H. Frey 2) A Random Walk Down Wall Street by Burton Malkiel For me, the first book was brief but very informative. It gave me a basic introduction to understanding investments without overwhelming me. The second book makes a powerful cas...
by asif408
Mon Apr 14, 2014 7:34 pm
Forum: Investing - Theory, News & General
Topic: Future rules for HSAs?
Replies: 2
Views: 610

Future rules for HSAs?

This thread is mainly to generate some discussion and speculation (always fun :) ). I'm a fan of HSAs and am currently maxing mine out. Although many here with HSAs are using theirs simply as a tax free savings mechanism and paying health care costs out of pocket, I have a slightly different strateg...
by asif408
Sun Apr 13, 2014 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: HSA cost benefit analysis
Replies: 23
Views: 3389

Re: HSA cost benefit analysis

With respect to the catastrophic limits, are you comparing apples to apples? I think one of the benefits of an HDHP is that there are typically fewer loopholes. For example, does the maximum out-of-pocket cost for the HMO exclude drug costs? Darin, Good point, and one that I was thinking about. The...
by asif408
Sat Apr 12, 2014 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA cost benefit analysis
Replies: 23
Views: 3389

Re: HSA cost benefit analysis

mhc and Sprint Rider,

Thanks for reminding me about the FICA taxes. So are both the premiums and the HSA contribution exempt from the FICA taxes?
by asif408
Sat Apr 12, 2014 8:18 am
Forum: Personal Finance (Not Investing)
Topic: HSA cost benefit analysis
Replies: 23
Views: 3389

HSA cost benefit analysis

Hi everyone, I am working on a cost benefit analysis between 2 health plans at work and wanted to get some feedback to make sure I am doing this correctly. I work for a large state government and have a choice between a standard HMO family plan and a HMO/HSA family plan. I am currently on the HSA pl...
by asif408
Mon Mar 03, 2014 8:50 am
Forum: Personal Investments
Topic: Advice for transfer of accounts from WF to Vanguard
Replies: 13
Views: 3735

Re: Advice for transfer of accounts from WF to Vanguard

Some factors that affect the decision include: 1. Vanguard may not accept the UIT. You'll have to ask them. 2. Vanguard, at least so far, sets up separate mutual fund and brokerage accounts. You should talk to them about whether you want to move assets as stocks and ETF's to brokerage accounts or b...
by asif408
Sun Mar 02, 2014 8:55 am
Forum: Personal Investments
Topic: Advice for transfer of accounts from WF to Vanguard
Replies: 13
Views: 3735

Advice for transfer of accounts from WF to Vanguard

Hi everyone, I am a relatively newbie to investing but appreciate the wealth of information I have found on these boards. Here is my current asset locations and amounts: Wells Fargo (WF): tIRA: $20,000 (~75% in stocks, ~25% cash) - was rolled over from a 401(k) in Jan. 2014 Roth IRA: 5,500 in UIT (o...