Personal Investments • Re: Roth conversion after retirement - Seems common?
I am rolling over all my pretax tax advantaged 401(k)s to a Roth IRA. I am early in my career and just graduated medicine. I should’ve done this before in residency where my income was well but I will...
View ArticlePersonal Investments • Re: What is Berkshire Hathaway's best...
Berkshire Hathaway now has more than $300 billion in cash.A) And, your point is?B) How many percent of the BRK capitalization is that?https://finance.yahoo.com/quote/BRK-A/C) According to Yahoo...
View ArticlePersonal Investments • Re: So much bond negativity
Thought it worth noting that I've been seeing AA muni bonds offered at around 4.1% (~15-20 year maturities). If you were in the highest tax brackets in NY or CA, the taxable equivalent yields would be...
View ArticlePersonal Investments • Re: Has anyone paid off a house then taken out a...
No way!Having watched the sheriff evict my parents from our family ranch (due to leverage, followed by an unexpected permanent disabling event)... No interest in jeopardizing my personal home for a...
View ArticlePersonal Investments • Re: when/how to separate from sibling financial advisor
Late to the party.Keep things as simple as possible, until you know enough to make an educated guess about what might work better for you.Simple.--A TDR fund is the simple answer, as it contains...
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Personal Investments • Re: Beginner Investor :) Need Feedback/Criticism
Thank you everyone for replying It is a little discouraging that I don't need to hold that many stocks.For the past month, I've been trying to learn by reading "Investing 101: A crase course in...
View ArticlePersonal Investments • Reverse mortgage line of credit
Any thoughts on opening a reverse mortgage loc as a new 69 year old retiree to keep as part of a retirement withdrawal strategy when needed should the market have a prolonged downturn? Wade Pfau seems...
View ArticlePersonal Investments • Re: Reverse mortgage line of credit
Reverse mortgages have a pretty bad reputation for a reason. Often they entail the homeowner loosing whatever equity they had at a steep loss due to fees, interest charges, etc. Once someone goes down...
View ArticlePersonal Investments • Re: Solo 401k Multiple Plans Issue (#001, #002)
I am not married to this person. However we are 50/50 owners of the business. No employees have been hired. We just do consulting as self employed. We specialize in complementary niches so we joined...
View ArticlePersonal Investments • Looking for advice for last decade before retirement
I’m 49 with an eye on retirement in about 10 years. I have 230k in retirement savings in s&p 500 index funds in Roth 401k and Roth IRA. Don’t make a ton of money but don’t have a ton of expenses...
View ArticlePersonal Investments • Re: Looking for advice for last decade before retirement
... what is your advice for someone who is around a decade away from retirement?The advice in the Investment Order post is generally applicable. How does that look to you?In particular, have you...
View ArticlePersonal Investments • Re: Retirement Options
Make sure to take a look at the target funds expense ratio and fees. I’m in a similar spot to you, 49. I contribute to a s&p 500 index fund and like it. They have very low fees, my guess is your...
View ArticlePersonal Investments • Re: Vanguard Admiral Funds vs VMFXX
Equities are SO highly valued right now, and I already have a strong equity position that has been in place for a few years.This is just mainly a place for cash so I can jump on a real estate deal if...
View ArticlePersonal Investments • Re: investments for custodial Account
Your choices would be very very conservative for me. College graduation is almost 8 years away, so you are not going to spend all this money in a few years unless it is a small amount. I'd recommend a...
View ArticlePersonal Investments • Re: international stock in taxable brokerage or ROTH IRA?
Just testing out my understand of things:Here are the rates for ordinary or nonqualified dividends in 2023,Ordinary Rate. Single Joint22% $44,725 to $95,375 $89,450 to $190,75024% $95,375 to $182,100...
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Personal Investments • Re: Fidelity Mutual Fund Only Account Question
The definitive answer about minimum purchases can be in the fund prospectus.Ideally the web page for the fund always matches what's in the prospectus but if you want the most certainty go look in the...
View ArticlePersonal Investments • 401k Fund Choices – Need Guidance
Here are the full fund choices: https://imgur.com/a/RbT2ETBFor the longest time, I’ve just stuck my money in the Fidelity 2065 TDF. I’d prefer to have a traditional 3 fund portfolio, but with a 0.06%...
View ArticlePersonal Investments • Re: 401k Fund Choices – Need Guidance
Fidelity Freedom Index Fund series hold 40% of their stock allocation in international equities. To me, that is an unacceptably high percentage, I would want no more than 20%. If I were you, I would...
View ArticlePersonal Investments • Re: Portfolio Ideas/How am I doing
Your portfolio is a bit messy and really would not align with my personal philosophy. 1) decide on your international equity allocation. If 30% for example then my default equity portfolio would be...
View ArticlePersonal Investments • Re: Concerns About SIPC Coverage Limit
typical bankruptcy, over 95% of assets are recovered. This means that 500k coverage in a typical bankruptcy will ensure that nobody ... under $10MM will lose any money.SIPC info on how it works:As an...
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