Search found 1716 matches

by BW1985
Fri Mar 26, 2010 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4608

Thanks, BW, and you can call me Sophie :lol: We're having a little confusion about terms, I think. The $$ that we call the "emergency fund" is stashed in three places. About 10% is in our local CU accounts that we can tap if we need to make large unexpected cash outlays and also as a cushion agains...
by BW1985
Thu Mar 25, 2010 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4608

BW1985, you sound surprised that someone would keep an EF at Vanguard, but why? Like NightOwl we have a small cushion in our checking account but 90% of our emergency fund is at Vanguard. Re the OP's question - we held our EF more or less steady for two decades at six months of current expenses but...
by BW1985
Thu Mar 25, 2010 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

leonard wrote:One thing missing in ruralavalon's recommendation is the $30k in taxable. What percent of your total portfolio is the $30k?
its 40%

Emergency - 10k
Savings - 30k
401k - 21k
Roth - 13k
by BW1985
Thu Mar 25, 2010 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

401k (38%) 28% Vanguard 500 Index Fund Signal, VIFSX (er = 0.09%) 10% Total Bond Market Signal, VIPSX (er = 0.14%) Roth IRA (62%) 25% Total International, VGTSX (er = 0.32%) 10% Total Stock Market, VTSMX (er = 0.18%) 17% Small Cap Value, VISVX (er = 0.28%) 10% Vanguard Inflation-Protect Sec Inv, VI...
by BW1985
Thu Mar 25, 2010 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard IRA question
Replies: 3
Views: 4498

Re: Vanguard IRA question

I didn't know this was possible, but wanted to double check. In 2009, I opened a Traditional IRA at Vanguard and invested $3600 towards the REIT Index VGSIX. I can still contribute $1400 until April 15th for my 2009 Traditional IRA contributions. Recently I contributed $3000 to towards the 2010 Tra...
by BW1985
Thu Mar 25, 2010 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

ruralavalon wrote:(your 38% plus 42% do not add up to 100%, so I cannot do the percentages)
Sorry I meant 38% Roth 62% 401k
by BW1985
Thu Mar 25, 2010 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4608

ResNullius wrote:I keep most of what I consider to be emergency cash in limited term tax exempt with Vanguard. I have about $30K I keep in MM.
Could you explain this a little more? Is this a bond fund?
by BW1985
Thu Mar 25, 2010 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Keep Adding to Your Emergency Fund?
Replies: 33
Views: 4608

NightOwl wrote:As another poster said, it allows me to send off all my excess to Vanguard and get it out of my checking account.

"Vanguard poor" is an awesome phrase.

NightOwl
You have your emergency fund at Vanguard??
by BW1985
Wed Mar 24, 2010 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

It seems to me you're considering money as if it must be handled on a first in, first out basis. This isn't the case though. You can use the money you're making when you're 30, 40, or 50 to enjoy yourself then. Meanwhile, you have all of the money you've saved now "frontloaded" into tax-advantaged ...
by BW1985
Wed Mar 24, 2010 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

"Seems unbalanced" doesn't feel overwhelmingly convincing. Maxing out would be putting 20k out of my 65k income per year into retirement accounts I won't touch until I'm old. That's what I meant by seems unbalanced. If you plan on being financially successful, imagine your overall financial picture...
by BW1985
Wed Mar 24, 2010 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

Wow! Great to see some replies, thanks guys! I forgot to include my 401k bond funds available because I wasn't even thinking about bonds. Here they are: Vanguard Inflation-Protect Sec Inv (VIPSX) 0.25% Vanguard Total Bond Mkt Idx Signal (VBTSX) 0.14% Rural - How does this change your recommendation ...
by BW1985
Wed Mar 24, 2010 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

Re: Retirement and Taxable Account advice for a young guy

ensign_lee wrote:
BW1985 wrote: Then why don't you max out a ROTH 401(k) then? That way, at least your gains won't be taxed.

Although at an effective 30% tax bracket, I really think that you should consider having a traditional 401(k),
Sorry I'm not sure what you're suggesting then, I do have a 401k and am contributing 10%.
by BW1985
Wed Mar 24, 2010 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

Re: Retirement and Taxable Account advice for a young guy

knowmad wrote:Why not max out your 401k before starting a taxable account?
I don't want all my funds tied up in retirement accounts. I want immediate, intermediate and long term (retirement) funds.

I've seen that reccomendation before and it doesn't make sense to me.
by BW1985
Wed Mar 24, 2010 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 ETF vs. index fund
Replies: 14
Views: 3736

Some places off free trading of iShares ETFs if you decide to go that route, so the first point above isnt really an issue. Not saying one is better than the other, just an FYI.
by BW1985
Wed Mar 24, 2010 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement and Taxable Account advice for a young guy
Replies: 84
Views: 8909

Retirement and Taxable Account advice for a young guy

Seeking wisdom :wink: Emergency funds = Yes Debt = None Tax Filing Status: Single Tax Rate: 25% Federal, 5% CT Age: 24 Desired Asset allocation: 100% stocks Intl allocation: 30% of stocks (is this ok?) Current portfolio: 5 figures Taxable - Nothing as of yet. Starting a brokerage acct at Fidelity bu...
by BW1985
Tue Mar 23, 2010 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice for a "gambling account".
Replies: 49
Views: 5286

I'm new here and confused as to how I should be investing if not into stocks. I'm 24 and already have all the basics down- no debt, emergency fund, 401k, Roth. I have 30k extra in savings that I don't need right now I want it to earn more than the 1.0% it gets in my savings, and I'm willing to take ...