Search found 20 matches

by wbarabas
Mon Apr 12, 2021 9:14 am
Forum: Personal Investments
Topic: Index ETF or Index Mutual fund for brokerage acct
Replies: 8
Views: 754

Re: Index ETF or Index Mutual fund for brokerage acct

No, there are no important differences . Claims that either kind of product--ETFs or mutual funds--are much better than the other, is debating about angels dancing on the head of a pin. If you currently invest in individual stocks, and feel generally comfortable with that process, you should probab...
by wbarabas
Mon Apr 12, 2021 7:41 am
Forum: Personal Investments
Topic: Index ETF or Index Mutual fund for brokerage acct
Replies: 8
Views: 754

Re: Index ETF or Index Mutual fund for brokerage acct

I like the mutual fund because you can buy in amounts, not shares. When I invest I send $500 or $1,000 to taxable. Buying the ETF always leaves the remainder un-invested. If you put $500 in and the share price is $220, you can buy 2 shares, leaving $80 in Settlement. The ETF trades like a stock (pr...
by wbarabas
Mon Apr 12, 2021 7:31 am
Forum: Personal Investments
Topic: Index ETF or Index Mutual fund for brokerage acct
Replies: 8
Views: 754

Index ETF or Index Mutual fund for brokerage acct

What is better for a brokerage acct? An index mutual fund or index ETF? Tracks the same index, same expense ratio, same turnover. Is there any advantage to one or the other?
by wbarabas
Mon Feb 22, 2021 9:16 am
Forum: Personal Finance (Not Investing)
Topic: So what kind of raise did you guys get for 2021?
Replies: 247
Views: 20820

Re: So what kind of raise did you guys get for 2021?

I'm in healthcare. We took a 2% cut.
by wbarabas
Fri Feb 05, 2021 1:22 pm
Forum: Investing - Theory, News & General
Topic: "Roth or Traditional IRA: Which Should You Choose?"
Replies: 99
Views: 4968

Re: "Roth or Traditional IRA: Which Should You Choose?"

Thank you, she keeps it simple! I appreciate that.
by wbarabas
Thu Feb 04, 2021 8:37 am
Forum: Investing - Theory, News & General
Topic: 401k kickback question
Replies: 1
Views: 201

401k kickback question

My 401K is with Empower. They charge me a .79% fee. Does any of this get kicked back to my company I work for?
by wbarabas
Thu Jan 28, 2021 3:32 pm
Forum: Personal Investments
Topic: VTI and brokerage acct
Replies: 2
Views: 279

Re: VTI and brokerage acct

Jack FFR1846 wrote: Thu Jan 28, 2021 3:30 pm As an ETF, it's free and no different at Schwab, TDAmeritrade, eTrade, AllyInvest. Oh, and Vanguard. I hold VTI and have all those brokerages except Vanguard.
Awesome. Thank you!
by wbarabas
Thu Jan 28, 2021 3:25 pm
Forum: Personal Investments
Topic: VTI and brokerage acct
Replies: 2
Views: 279

VTI and brokerage acct

If I wanted to purchase VTI for my brokerage acct is it best through Vanguard? I already have a brokerage acct with Schwab. OR does it not matter>
Thank you!
by wbarabas
Thu Jan 14, 2021 8:09 am
Forum: Personal Investments
Topic: 401k admin fees
Replies: 23
Views: 1660

Re: 401k admin fees

I'm with Empower Retirement and they charge .79% for administration fees. They do have good iShare index funds which help keep costs a little lower.
by wbarabas
Fri Jan 08, 2021 3:55 pm
Forum: Personal Investments
Topic: No Match 401K Question
Replies: 9
Views: 612

Re: No Match 401K Question

I don't think so
by wbarabas
Fri Jan 08, 2021 3:29 pm
Forum: Personal Investments
Topic: No Match 401K Question
Replies: 9
Views: 612

Re: No Match 401K Question

I'm assuming the gov't ups tax brackets closer to 2000 ranges to pay off debt
by wbarabas
Fri Jan 08, 2021 2:26 pm
Forum: Personal Investments
Topic: No Match 401K Question
Replies: 9
Views: 612

Re: No Match 401K Question

by "taking out" do you mean withdrawing your contributions? if you do that, you'll have tax and penalties if under 59 1/2. the question is, should you stop making contributions to tax deferred and instead use brokerage? is the .79% management fee in addition to the expense ratio of the fu...
by wbarabas
Fri Jan 08, 2021 1:25 pm
Forum: Personal Investments
Topic: No Match 401K Question
Replies: 9
Views: 612

No Match 401K Question

MY company just implemented large pay cuts and got rid of the match in our 401K. I was getting 1.5% from the company for putting in 3% to my traditional. I also put 4% into my Roth 401K. The 401 company is Empower Retirement and they charge a .79% fee for management. Would I be better taking my 7% o...
by wbarabas
Thu Dec 31, 2020 2:47 pm
Forum: Personal Investments
Topic: Roth 401K Question
Replies: 17
Views: 790

Re: Roth 401K Question

The main data needed to answer this question usefully: - Pension? - What age will you be at retirement (i.e. early retirement?) - Size of existing tax-deferred (traditional) balance? - Current tax bracket? Knowing nothing else I'd say max traditional not Roth 401k, which is the wrong choice for the...
by wbarabas
Thu Dec 31, 2020 1:44 pm
Forum: Personal Investments
Topic: Roth 401K Question
Replies: 17
Views: 790

Re: Roth 401K Question

The main data needed to answer this question usefully: - Pension? - What age will you be at retirement (i.e. early retirement?) - Size of existing tax-deferred (traditional) balance? - Current tax bracket? Knowing nothing else I'd say max traditional not Roth 401k, which is the wrong choice for the...
by wbarabas
Thu Dec 31, 2020 12:27 pm
Forum: Personal Investments
Topic: Roth 401K Question
Replies: 17
Views: 790

Re: Roth 401K Question

The main data needed to answer this question usefully: - Pension? - What age will you be at retirement (i.e. early retirement?) - Size of existing tax-deferred (traditional) balance? - Current tax bracket? Knowing nothing else I'd say max traditional not Roth 401k, which is the wrong choice for the...
by wbarabas
Thu Dec 31, 2020 12:24 pm
Forum: Personal Investments
Topic: Roth 401K Question
Replies: 17
Views: 790

Re: Roth 401K Question

I have 20 years till retiring. I am able to max out my Roth IRA yearly. I put 4% in my Traditional 401k to get their max match. Should I add another 4% into a Roth 401K with my employer of just add that money into index funds in my brokerage account? Any advice would be great. Thanks Welcome to the...
by wbarabas
Thu Dec 31, 2020 12:07 pm
Forum: Personal Investments
Topic: Roth 401K Question
Replies: 17
Views: 790

Roth 401K Question

I have 20 years till retiring. I am able to max out my Roth IRA yearly. I put 4% in my Traditional 401k to get their max match. Should I add another 4% into a Roth 401K with my employer of just add that money into index funds in my brokerage account?

Any advice would be great. Thanks
by wbarabas
Mon Dec 28, 2020 5:13 pm
Forum: Personal Investments
Topic: Schwab Index Investors
Replies: 2
Views: 525

Schwab Index Investors

Is SCHA + SCHB the equivalent SWTSX?

I'm wanting to add some exposure to small caps and currently only own SWTSX. I have a good portion of my brokerage account already in SWPPX which is their S&P 500 index.
by wbarabas
Mon Dec 28, 2020 8:30 am
Forum: Investing - Theory, News & General
Topic: Podcasts for Index Investing and Retirement
Replies: 7
Views: 846

Podcasts for Index Investing and Retirement

Does anyone have any good recommendations for podcasts on index investing and retirement?