Search found 2903 matches

by fortfun
Fri May 07, 2021 10:11 am
Forum: Investing - Theory, News & General
Topic: Selling VTSAX after close. Today's price or tomorrow's?
Replies: 9
Views: 1269

Re: Selling VTSAX after close. Today's price or tomorrow's?

If I sell now, 3pm (mtn) do I get today's close or tomorrow's? Thanks, Ff Mutual funds are always sold, or bought, at the market's closing price. Since you're putting the transaction in AFTER the market closed, you get the next day's closing price. If you put the transaction in at 3PM MTN on Friday...
by fortfun
Fri May 07, 2021 10:11 am
Forum: Investing - Theory, News & General
Topic: Selling VTSAX after close. Today's price or tomorrow's?
Replies: 9
Views: 1269

Re: Selling VTSAX after close. Today's price or tomorrow's?

Thanks Stinky! Really you want the market to go down so you get a lower purchase price. Then the market can go up after that :) Fortfun is selling, not purchasing. Oops, I missed that. "Never mind." :) Stocks only go up. Fortfun will be fine. :D Thanks Stinky! Looks like today is turning ...
by fortfun
Thu May 06, 2021 9:31 pm
Forum: Investing - Theory, News & General
Topic: Selling VTSAX after close. Today's price or tomorrow's?
Replies: 9
Views: 1269

Re: Selling VTSAX after close. Today's price or tomorrow's?

Stinky wrote: Thu May 06, 2021 3:57 pm Tomorrow's.

Hope the market goes up for you tomorrow.
Thanks Stinky!
by fortfun
Thu May 06, 2021 3:56 pm
Forum: Investing - Theory, News & General
Topic: Selling VTSAX after close. Today's price or tomorrow's?
Replies: 9
Views: 1269

Selling VTSAX after close. Today's price or tomorrow's?

If I sell now, 3pm (mtn) do I get today's close or tomorrow's?
Thanks,
Ff
by fortfun
Tue May 04, 2021 7:23 pm
Forum: Investing - Theory, News & General
Topic: Do I endorse rollover check to Vanguard?
Replies: 3
Views: 409

Do I endorse rollover check to Vanguard?

It lists Vanguard at the payee with me at the FBO or FOB?
Thanks,
Ff
by fortfun
Sun May 02, 2021 10:07 am
Forum: Personal Investments
Topic: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).
Replies: 11
Views: 1189

Re: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).

I too am going to utilize the 457 special. I'm in my last year or work and will get paid out for unused sick, vacation and comp time. This adds up to a large sum in one check subject to payroll taxes. My plan is to put it into 457 - as tax deferred, and pay tax on it when in lower bracket. You may ...
by fortfun
Wed Apr 28, 2021 7:59 pm
Forum: Personal Investments
Topic: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).
Replies: 11
Views: 1189

Re: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).

I looked at the numbers and would not do it. Another option to consider is to fund the 457 instead of the 401k (if you are still contributing). The reason why is that you can access the 457 funds upon retirement and any age but have to wait until 59.5 for the 401k even if you retire early. Hopefull...
by fortfun
Wed Apr 28, 2021 10:41 am
Forum: Personal Investments
Topic: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).
Replies: 11
Views: 1189

Re: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).

Please explain the 39k catch-up more. You seem too young to qualify and the amount seems to high. Are you both going to full max and full catch-up once you both turn 50? At some government agencies you are allowed to retire with a pension at age 50. So starting the year you turn 47 you are eligible...
by fortfun
Tue Apr 27, 2021 7:39 pm
Forum: Personal Consumer Issues
Topic: First time to Hawaii with family
Replies: 55
Views: 4440

Re: First time to Hawaii with family

My questions are: 1. Since this is the first time for us, and there are moms and children, which island (or islands) should we focus on? We have 7-10 days. -I'd probably either do Maui or the Big Island. Maui is a no brainer. The Big Island is fun if you would like to see Volcano National Park. Ther...
by fortfun
Tue Apr 27, 2021 7:30 pm
Forum: Personal Investments
Topic: Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).
Replies: 11
Views: 1189

Use brokerage account to payoff mortgage to max 457 catch up ($39k/yr).

I have the 3 year catch up (457) paperwork ready to go ($39k/yr). Do you think this is wise: 1. Use my brokerage account to pay off my mortgage (45k, 3%, 3 years left approx). This will free up $1,200k/month for cash flow. It will also zero out that account, which should help with FAFSA. Equity in t...
by fortfun
Mon Apr 26, 2021 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA student aid. Should I forgo Roth and use up brokerage account?
Replies: 60
Views: 3321

Re: FAFSA student aid. Should I forgo Roth and use up brokerage account?

I have a few thoughts. It depends what colleges you're looking at. As was said at a college finance seminar I went to years ago, Public colleges will look most favorably on your need base, but they have no money to give you. Private colleges have plenty of money to give you but they're going to dig...
by fortfun
Sun Apr 25, 2021 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA student aid. Should I forgo Roth and use up brokerage account?
Replies: 60
Views: 3321

Re: FAFSA student aid. Should I forgo Roth and use up brokerage account?

Are they looking at FAFSA-only schools or CSS schools? Each requires different information and thus different strategy. The link is older, but it will give you an introduction to strategizing. The money in their https://www.forbes.com/sites/troyonink/2014/02/14/how-assets-hurt-college-aid-eligibili...
by fortfun
Sun Apr 25, 2021 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA student aid. Should I forgo Roth and use up brokerage account?
Replies: 60
Views: 3321

Re: FAFSA student aid. Should I forgo Roth and use up brokerage account?

If you want to optimize to this extent it would be worth grinding through the calculation by hand. https://studentaid.gov/sites/default/files/2021-22-fafsa.pdf and https://fsapartners.ed.gov/sites/default/files/attachments/2020-08/2122EFCFormulaGuide.pdf I've always understood that (1) FAFSA mostly...
by fortfun
Sun Apr 25, 2021 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA student aid. Should I forgo Roth and use up brokerage account?
Replies: 60
Views: 3321

Re: FAFSA student aid. Should I forgo Roth and use up brokerage account?

Not really enough information. How old are the kids? The income that matters is about two years before they start college through the last year or so of college. You could do Roth until that time. I would run this calculator using multiple scenarios. https://bigfuture.collegeboard.org/pay-for-colle...
by fortfun
Sun Apr 25, 2021 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA student aid. Should I forgo Roth and use up brokerage account?
Replies: 60
Views: 3321

Re: FAFSA student aid. Should I forgo Roth and use up brokerage account?

Aid = loans. Merit is a better goal. Good SAT or ACT prep. Grades, activities, SAT scores. Etc. We did FAFSA once for each kid in college. Never did it again. Thanks Bloom. I expect child 1 to score very high on the exam. Hopefully, he can keep his 4.0 GPA. Child 2 will have a high GPA but may not ...
by fortfun
Sun Apr 25, 2021 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA student aid. Should I forgo Roth and use up brokerage account?
Replies: 60
Views: 3321

FAFSA student aid. Should I forgo Roth and use up brokerage account?

We have 2 children. Should have 85k each in their 529s at the time of college. No other money in their names. 1. If DW and I max our pretax accounts (100k+) we can get our AGI down to 50k or so. However, I'd like to go Roth on at least some of our accounts. That brings us up to well over 100k AGI. S...
by fortfun
Mon Apr 19, 2021 6:37 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2382
Views: 282807

Re: My very first post, almost 5 years ago today!

[Thread merged into here --admin LadyGeek] Boy have I come a long way since then! I've added another comma to my net worth and retirement at age 50 is looking good. Thanks Bogleheads! Struggling with Bogle Philosophy Okay, so I know that I should choose this stock (from Fidelity): Spartan® 500 Inde...
by fortfun
Sun Apr 18, 2021 10:30 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2382
Views: 282807

My very first post, almost 5 years ago today!

[Thread merged into here --admin LadyGeek] Boy have I come a long way since then! I've added another comma to my net worth and retirement at age 50 is looking good. Thanks Bogleheads! Struggling with Bogle Philosophy Okay, so I know that I should choose this stock (from Fidelity): Spartan® 500 Inde...
by fortfun
Thu Apr 15, 2021 10:26 am
Forum: Personal Consumer Issues
Topic: How much time in Costa Rica?
Replies: 10
Views: 1006

Re: How much time in Costa Rica?

Two weeks is fine but three could be more relaxing. As mentioned above, the roads in CR can be tiring. Most tourists make the mistake of trying to see too many different places and miscalculating the effort and drive time. I suggest spending 4-5 days in Monteverde area (which could also include Are...
by fortfun
Wed Apr 14, 2021 3:01 pm
Forum: Personal Consumer Issues
Topic: How much time in Costa Rica?
Replies: 10
Views: 1006

Re: How much time in Costa Rica?

Consider visiting hot springs near Arenal Volcano or staying in a hotel near there. We had one night where we could see the mountain with lava flowing down it (it was very active at the time, seems less so now after a quick google) while bathing in hot springs - really a wonderful experience. Thank...
by fortfun
Wed Apr 14, 2021 3:00 pm
Forum: Personal Consumer Issues
Topic: How much time in Costa Rica?
Replies: 10
Views: 1006

Re: How much time in Costa Rica?

gerntz wrote: Wed Apr 14, 2021 2:41 pm Agree two weeks is fine. Outside Tortuguero NP on Carib Coast, most everything is in the mountains or Pacific Coast. Tortuguero is rain forest area & whole Carib Coast is pretty wet & beaches black sand. I'd avoid the wet summer months.
Thanks gerntz!
by fortfun
Wed Apr 14, 2021 3:00 pm
Forum: Personal Consumer Issues
Topic: How much time in Costa Rica?
Replies: 10
Views: 1006

Re: How much time in Costa Rica?

MBB_Boy wrote: Wed Apr 14, 2021 2:34 pm I think 2 weeks is plenty, especially if you're hitting both coasts. 3 would be overkill in my opinion - we did 5 days on Pacific side and still had plenty of time kicking it poolside
Thanks!
by fortfun
Wed Apr 14, 2021 1:48 pm
Forum: Personal Consumer Issues
Topic: How much time in Costa Rica?
Replies: 10
Views: 1006

How much time in Costa Rica?

Looking at two weeks. Should we extend to three? I'm not sure if we will make it back, so would like to see the major highlights. Would like to spend a week in the mtn/jungle and a week at the beach. I'm not sure what else we should checkout. Suggestions appreciated.
Thanks,
Ff
by fortfun
Wed Mar 31, 2021 10:19 pm
Forum: Personal Consumer Issues
Topic: Tankless Water Heater - Struggling to Justify
Replies: 71
Views: 6103

Re: Tankless Water Heater - Struggling to Justify

I would never spend the money on it. All my friends that have them spent a ton of money and have a lot of problems. I've had my 2-40 gallon tanks for 16 years. ZERO problems and they are fairly efficient too.
by fortfun
Tue Feb 23, 2021 4:55 pm
Forum: Investing - Theory, News & General
Topic: Anything jump out to you about this portfolio?
Replies: 8
Views: 894

Re: Anything jump out to you about this portfolio?

Yay! Fun! It was fun, so I looked. Aside from those horrible, awful, no good expense ratios -- and without knowing % allocations -- I'd say there is a lot of risk on the fixed income side. That's probably the secret sauce. This is mostly convertible and preferred non-rated bonds: Calamos Growth &am...
by fortfun
Tue Feb 23, 2021 4:53 pm
Forum: Investing - Theory, News & General
Topic: Anything jump out to you about this portfolio?
Replies: 8
Views: 894

Re: Anything jump out to you about this portfolio?

... Just looking at a friends portfolio and trying to decide if it would be worth switching from this advisor (403b) to the low fee 401k using a TDF (no advisor). It looks like this portfolio beat the tdf handily but not sure that's a good reason NOT to switch to the TDF. To be sure, performance ch...
by fortfun
Tue Feb 23, 2021 11:18 am
Forum: Investing - Theory, News & General
Topic: Anything jump out to you about this portfolio?
Replies: 8
Views: 894

Re: Anything jump out to you about this portfolio?

Anything jump out to you about this portfolio? ... Besides expensive actively managed funds? It looks like something an "advisor" came up with to get next month's boat payment. However, I don't know when/what loads were paid, so I may not be comparing apples to apples. Without giving us f...
by fortfun
Tue Feb 23, 2021 11:16 am
Forum: Investing - Theory, News & General
Topic: Anything jump out to you about this portfolio?
Replies: 8
Views: 894

Re: Anything jump out to you about this portfolio?

Yay! Fun! It was fun, so I looked. Aside from those horrible, awful, no good expense ratios -- and without knowing % allocations -- I'd say there is a lot of risk on the fixed income side. That's probably the secret sauce. This is mostly convertible and preferred non-rated bonds: Calamos Growth &am...
by fortfun
Mon Feb 22, 2021 3:10 pm
Forum: Investing - Theory, News & General
Topic: Anything jump out to you about this portfolio?
Replies: 8
Views: 894

Anything jump out to you about this portfolio?

Besides expensive actively managed funds? It appears to beat a TDF with around the same AA. However, I don't know when/what loads were paid, so I may not be comparing apples to apples. Fund Fidelity Advisor Intl Cap App Invesco Small Cap Growth American Century Equity Income American Century Interna...
by fortfun
Mon Feb 22, 2021 2:09 pm
Forum: Investing - Theory, News & General
Topic: Calculating returns with different loads question.
Replies: 6
Views: 231

Re: Calculating returns with different loads question.

We’re there any contributions in 2020? The most common load is a “front end” load, which which will typically not show up on the statement. You send them a check for $100 dollars, the account statement shows a starting balance $94.25 (5.75% is a common front end load). An ending balance of $98.96 i...
by fortfun
Mon Feb 22, 2021 1:35 pm
Forum: Investing - Theory, News & General
Topic: Calculating returns with different loads question.
Replies: 6
Views: 231

Re: Calculating returns with different loads question.

You are going to have to ask them if they paid a load. Remember that happens only once so there is also the question of prorating the load over the life of the holding. There must also be a way to access the account on line and see what is actually there. Also, if these investments are in a 401k th...
by fortfun
Mon Feb 22, 2021 1:34 pm
Forum: Investing - Theory, News & General
Topic: Calculating returns with different loads question.
Replies: 6
Views: 231

Re: Calculating returns with different loads question.

We’re there any contributions in 2020? The most common load is a “front end” load, which which will typically not show up on the statement. You send them a check for $100 dollars, the account statement shows a starting balance $94.25 (5.75% is a common front end load). An ending balance of $98.96 i...
by fortfun
Mon Feb 22, 2021 1:14 pm
Forum: Investing - Theory, News & General
Topic: Calculating returns with different loads question.
Replies: 6
Views: 231

Calculating returns with different loads question.

Looking at a friend's portfolio to calculate 2020 returns. The statement doesn't include that number. The statement doesn't provide the ticker either. When I look up the funds on morning star: American Century Equity Income, there are many different load types. A, C, I, Inv, R, R5, R6. Of course, I ...
by fortfun
Sun Feb 21, 2021 5:38 pm
Forum: Investing - Theory, News & General
Topic: What site can I use to type 2 tickers and get the 2020 return?
Replies: 2
Views: 307

Re: What site can I use to type 2 tickers and get the 2020 return?

Kenkat wrote: Sun Feb 21, 2021 4:26 pm www.portfoliovisualizer.com

You want to Backtest a Portfolio.
Thanks Kenkat. Slipped my mind for a moment...
by fortfun
Sun Feb 21, 2021 4:21 pm
Forum: Investing - Theory, News & General
Topic: What site can I use to type 2 tickers and get the 2020 return?
Replies: 2
Views: 307

What site can I use to type 2 tickers and get the 2020 return?

VTSAX 88%
and Vanguard Total Bond 12%

Spit out 2020 return.
Thanks,
FF
by fortfun
Thu Feb 18, 2021 9:16 pm
Forum: Personal Investments
Topic: Fixed Income vs Bonds for money needed in next 5 years.
Replies: 14
Views: 1892

Re: Fixed Income vs Bonds for money needed in next 5 years.

It's tough to take on more bonds right now. They seem to be bleeding away.... I'm not sure what you're talking about when you say fixed income and bonds? what are your choices? Fixed income? CDs, treasuries, high yield savings? Bonds: Bond funds? This fixed income: https://drive.google.com/file/d/1...
by fortfun
Thu Feb 18, 2021 9:15 pm
Forum: Personal Investments
Topic: Fixed Income vs Bonds for money needed in next 5 years.
Replies: 14
Views: 1892

Re: Fixed Income vs Bonds for money needed in next 5 years.

It's tough to take on more bonds right now. They seem to be bleeding away.... I'm not sure what you're talking about when you say fixed income and bonds? what are your choices? Fixed income? CDs, treasuries, high yield savings? Bonds: Bond funds? This fixed income: https://drive.google.com/file/d/1...
by fortfun
Wed Feb 17, 2021 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used CPA for taxes AND did them on their own to compare?
Replies: 58
Views: 5587

Re: Has anyone used CPA for taxes AND did them on their own to compare?

Caution. Literally every cpa I’ve used has screwed up at least one thing every year in my taxes. In one case I didn’t catch it for years and couldn’t fix it. Cost me thousands. Even big boys like kpmg. No one cares as much as you about your money and your chance of audit. Yep, most of my CPA were t...
by fortfun
Wed Feb 17, 2021 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone used CPA for taxes AND did them on their own to compare?
Replies: 58
Views: 5587

Re: Has anyone used CPA for taxes AND did them on their own to compare?

I've gotten WAY larger returns since doing them on my own with TurboTax. The CPA is not going to ask all of the questions that TurboTax asked. I regret ever using a CPA. I suspect I lost at least 50k over the years that I used a CPA, not to mention the additional cost.
by fortfun
Wed Feb 17, 2021 9:05 pm
Forum: Personal Investments
Topic: Fixed Income vs Bonds for money needed in next 5 years.
Replies: 14
Views: 1892

Re: Fixed Income vs Bonds for money needed in next 5 years.

It's tough to take on more bonds right now. They seem to be bleeding away.... I'm not sure what you're talking about when you say fixed income and bonds? what are your choices? Fixed income? CDs, treasuries, high yield savings? Bonds: Bond funds? This fixed income: https://drive.google.com/file/d/1...
by fortfun
Wed Feb 17, 2021 6:02 pm
Forum: Personal Investments
Topic: Is Great-West Portfolio Fund any good for fixed income? How much should I have?
Replies: 8
Views: 384

Re: Is Great-West Portfolio Fund any good for fixed income? How much should I have?

Thanks Stinky. Is there any reason to believe Tot US bonds or Tot Int bonds will outperform this fund over the next few years? I'm thinking I'd be better off with this for the next few years. Thoughts? We checked on our bonds last night and they are bleeding badly. Personally, I would agree that a ...
by fortfun
Wed Feb 17, 2021 5:14 pm
Forum: Personal Investments
Topic: Is Great-West Portfolio Fund any good for fixed income? How much should I have?
Replies: 8
Views: 384

Re: Is Great-West Portfolio Fund any good for fixed income? How much should I have?

Thanks Stinky. What kind of return do I expect, or does it just not lose money? The return you get will be plan-specific. On the one hand, some folks have posted recently that their stable value funds are making 2%, or even 2.5% On the other hand, the first google search for the GW fund pulls up a ...
by fortfun
Wed Feb 17, 2021 4:59 pm
Forum: Personal Investments
Topic: Is Great-West Portfolio Fund any good for fixed income? How much should I have?
Replies: 8
Views: 384

Re: Is Great-West Portfolio Fund any good for fixed income? How much should I have?

Follow up from yesterday, is: Great-West Portfolio Fund a good fixed fund? I can't determine returns etc? Is there a guideline to how much: Great-West Portfolio Fund, I should have, and how much in bonds. Retirement, in three years, is getting real, and I need to figure this stuff out. Thanks, Ff I...
by fortfun
Wed Feb 17, 2021 4:39 pm
Forum: Personal Investments
Topic: Divorcee with "large sum" of money from divorce settlement question.
Replies: 9
Views: 2146

Re: Divorcee with "large sum" of money from divorce settlement question.

I’d be very cautious about advising any colleague about how to invest. Especially since you don’t know how much money is involved or even what form it takes. It could be a qualified distribution from a retirement account. Suggesting the PAS is as far as I’d go. And maybe recommend a couple books fr...
by fortfun
Wed Feb 17, 2021 4:37 pm
Forum: Personal Investments
Topic: Is Great-West Portfolio Fund any good for fixed income? How much should I have?
Replies: 8
Views: 384

Re: Is Great-West Portfolio Fund any good for fixed income? How much should I have?

Follow up from yesterday, is: Great-West Portfolio Fund a good fixed fund? I can't determine returns etc? Is there a guideline to how much: Great-West Portfolio Fund, I should have, and how much in bonds. Retirement, in three years, is getting real, and I need to figure this stuff out. Thanks, Ff I...
by fortfun
Wed Feb 17, 2021 4:29 pm
Forum: Personal Investments
Topic: Divorcee with "large sum" of money from divorce settlement question.
Replies: 9
Views: 2146

Divorcee with "large sum" of money from divorce settlement question.

A colleague is wondering what she should do. I've told her to sign up for PAS but not sure she will. I don't know how much this large "sum" is. I was thinking: Max 7k 2020 Roth IRA (TDF) Max 7k 2021 Roth IRA (TDF) Max 25k 401k (TDF) Max 25k 457 (Balanced fund 60/40) Keep enough of "la...
by fortfun
Wed Feb 17, 2021 4:23 pm
Forum: Personal Investments
Topic: Is Great-West Portfolio Fund any good for fixed income? How much should I have?
Replies: 8
Views: 384

Is Great-West Portfolio Fund any good for fixed income? How much should I have?

Follow up from yesterday, is: Great-West Portfolio Fund a good fixed fund? I can't determine returns etc? Is there a guideline to how much: Great-West Portfolio Fund, I should have, and how much in bonds. Retirement, in three years, is getting real, and I need to figure this stuff out. Here's the PD...
by fortfun
Wed Feb 17, 2021 4:20 pm
Forum: Personal Investments
Topic: Fixed Income vs Bonds for money needed in next 5 years.
Replies: 14
Views: 1892

Re: Fixed Income vs Bonds for money needed in next 5 years.

Most people think of "fixed income" as a generic category: cash, CDs, individual bonds, bond funds, MYGAs... Is your "Fixed Income" something specific to your 457 plan, maybe a stable-value fund that is guaranteed never to decrease in value? What interest rate does it currently ...