Personal Investments • Re: Portfolio Review
Welcome!Betterment really poured it on didn't they? That taxable account is impressively complicated. First thing I'd do is turn off dividend reinvestment for anything in taxable you know you don't...
View ArticlePersonal Investments • Cost Basis For Kids When Gifted with Stocks
I acquired shared a few years ago at about $30 per share. The share price is about $100 today.Say I gift the shares to my children and they sell them for $120 per share in a couple of years. Will they...
View ArticlePersonal Investments • Re: Retire with Less Than $1 million?
I retired at 58 with less than a million, although it was still about triple the amount I thought I "needed" to be comfortable. Seven years later, my investments have more than doubled and my...
View ArticlePersonal Investments • Re: Cost Basis For Kids When Gifted with Stocks
Will they then carry my original cost basis of $30?Yes.Or, does the Step-Up cost basis rule apply, i.e., basis reset to $100 which is the price at the time of transfer?This rule covers the case in...
View ArticlePersonal Investments • Re: VTSAX Load/Breakpoint Discount?(Noob Alert)
Hello all My wife converted a 401k managed by Fidelity to Fidelity Rollover IRA a few days ago. It’s sitting in cash. We are waiting for additional funds to be moved to the Fidelity account from an...
View ArticlePersonal Investments • Re: Fiduciary advisor recommending against TIPS ladder
I have been using an AUM advisor for years, and while I am approaching retirement and expect to have more time to self-manage our portfolio, up to this point I have been satisfied with the...
View ArticlePersonal Investments • Re: Investing $550k Inheritance
Hi everyone, I'm looking for advice on how to invest a 550k inheritance. I'm male 38, married with 3 little kids and I don't really need the money right now so I'm looking to invest it long term for...
View ArticlePersonal Investments • Re: Back Door Roth Challenges
Thanks everyone, yes the tIRA contribution was non-deductible, so I will just rollover those small amounts into the Roth IRA's. One other silly little issue, we rolled over my wife's Rollover 401k...
View ArticlePersonal Investments • Re: Which is a Better Long-Term Choice: I Bonds or EE...
EE bonds are useful for high earners who need more tax deferred space. They generate 2.7% annually (tax deferred) if you sell before 20 years. If you hold for 20 years, then you get 3.5% annually (tax...
View ArticlePersonal Investments • Re: Ok to retire? and Golf Club?
Does your annual spend listed include allowances for roofs, vehicles, dishwashers, and other costly items that show up irregularly?Seems to run around $10k per year. It’s factored in. This year it was...
View ArticlePersonal Investments • Re: Roth conversions from a 403b at TIAA - where to...
3. Noted about the issues with the forms - I will keep an eye out for these. I'll most likely be walking my parents through these processes via Zoom when they do the conversion each year.You might...
View ArticlePersonal Investments • Re: Portfolio Review Request - jellyroll
Looks like a mega backdoor Roth is possible through Voya (current 401k provider). is it still worth it with the 0.45% annual fee?Statistics: Posted by jellyroll — Wed Oct 09, 2024 10:51 pm
View ArticlePersonal Investments • Re: When should I convert to Roth, if at all?
There are some really long and complicated answers to this question with most referring to the tax bracket you are in when the conversion takes place. I just don't see an advantage to paying the tax...
View ArticleClik here to view.
Personal Investments • Re: Getting into single family residential real...
Ehh, good luck.Current SFH market prices pretty much guarantee mediocre unlevered yields in most regions, further reducing your ability to find accretive debt. Difficult to scale SFRs as an...
View ArticlePersonal Investments • Re: 32, Married, HCOL, Leaving EJ advice
Try to come up with an asset allocation and go with Index funds/ETFs, a good starting point: https://www.bogleheads.org/wiki/Three-fund_portfolioI would suggest pick either Fidelity or Schwab both of...
View ArticlePersonal Investments • Solo 401K rollover
In 2023 I opened up a solo Roth 401k through my own business. The roth 401k was through Vanguard. A couple of months ago Vanguard converted the account to ascensus. Ascensus has been terrible and I...
View ArticlePersonal Investments • Re: Portfolio and house buy questions
Portfolio Holdings FBIFX* Fidelity Series Total Market Index: ~50%* Fidelity Series Global ex US Index: ~34%* Fidelity Series Bond Index: ~9%* Fidelity Series Long-Term Trs Bd Idx: ~5%* Fidelity...
View ArticlePersonal Investments • Re: Am I behind on my 401k? (34yo, HCOL area)
Just to echo others but for a different reason, max the 401k out every year if nothing else but to lower your AGI and pay less taxes YOY while taking advantage of compound interest.Would that apply...
View ArticlePersonal Investments • Re: Can I do a back door Roth?
I agree with toddthebod and FiveK.Statistics: Posted by steadyosmosis — Thu Oct 10, 2024 10:50 pm
View ArticlePersonal Investments • Re: Solo 401K rollover
I have opened my solo 401K account with fidelity but I have not yet begun the transfer of assests.When you opened the account, did you indicate that you were modifying an existing plan, not starting a...
View Article