Search found 38 matches

by rogers-SNK
Fri Nov 22, 2019 8:27 am
Forum: Personal Investments
Topic: After-Tax 401k
Replies: 4
Views: 348

After-Tax 401k

Is someone willing to double check my understanding of After-Tax 401k? Base Information: My employer allows us to contribute up to 6% after-tax to our 401k. The plan allows two in-service rollovers to a Roth IRA a year. My Understanding: Any earnings the after-tax contributions earn before the twice a year rollover occurs are tax deferred, I could leave the earnings in the IRA part or take the tax hit now and roll this with the contributions into the Roth IRA. Questions: 1. If I do after-tax contribution to 401k, does this affect my ability to contribute to the Roth of 6k a year? I think the answer to this is no. 2. I have my Roth with another company that is not my 401k servicer, do I need to have them all with the same company? I'd rather...
by rogers-SNK
Wed Jun 26, 2019 8:38 am
Forum: Personal Investments
Topic: After Tax 401k Questions
Replies: 3
Views: 343

After Tax 401k Questions

My employer offers an after tax 401k contribution with conversions allowed two times a year. So from my understanding of how they were explaining this. I can contribute up to my % allowed. This sits in an IRA of some kind. Then after six months they convert the contributions to a Roth 401k and any earnings during that six months sits in this kind of IRA? Then at the end of the year they'd do the conversion again in December. Has anyone else heard or dealt with this? Questions I have: 1. This wouldn't stop me from being able to do my post tax Roth contributions or make me have to do a back door Roth? 2. Is the small amount of earnings in that 6 month window before conversion to the Roth 401k, taxable? 3. Why cant it just be straight into a R...
by rogers-SNK
Tue Mar 27, 2018 2:40 pm
Forum: Personal Investments
Topic: Fidelity vs Wells Fargo
Replies: 14
Views: 4815

Re: Fidelity vs Wells Fargo

WPA might not be right acronym, it was maybe PMA. Basically a checking/saving/brokerage account, if you had over 25k you got 100 free trades (which is gone now). I'll try to look up what type of account it was. I think now they might call it Porfolio by Wells, 2.95 trades?
by rogers-SNK
Tue Mar 27, 2018 1:06 pm
Forum: Personal Investments
Topic: Fidelity vs Wells Fargo
Replies: 14
Views: 4815

Fidelity vs Wells Fargo

Where is a better location for a brokerage and possibly 529 account? Fidelity or WF with a WPA?

I want to put some after tax into an SP500 index or some variant for a long sitting period.

Thanks!
by rogers-SNK
Mon Feb 12, 2018 12:02 pm
Forum: Personal Investments
Topic: Brokerage or 529's...
Replies: 17
Views: 1764

Brokerage or 529's...

My wife and I have a 4 year old and are expecting baby #2 this spring. We've talked about setting aside some money for college. I'm torn between doing that with a brokerage account rather than a 529. Am I way off base for thinking like this?

Thanks!
by rogers-SNK
Thu Aug 17, 2017 12:41 pm
Forum: Personal Investments
Topic: brokerage accounts
Replies: 3
Views: 585

brokerage accounts

I am maxing out 401k and ROTH contributions and was looking at starting up a brokerage account and possibly a 529. I live in a state that is not 529 tax friendly so I am less convinced on that other than it makes sure I get the kid something :). I just plan on buying some TSM or something equivalent.

In looking at vanguard and fidelity it looks like both want your bank information. Why is that? How come I can't open an account and send in a check to fund it? I am usually weary of giving out my bank info and ACH's.
by rogers-SNK
Mon Jul 31, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Denver Trip - Last minute
Replies: 26
Views: 3607

Re: Denver Trip - Last minute

In case any are interested, here is what we ended up doing: Ate at the following places: Hopdoddy (quick burger and beer), Low Country Kitchen (southern food), Snooze (Breakfast), Sam's #3 (Breakfast), Cholon (Asian fusion), Lucky Pie (Pizza), Little Man Ice cream in lohi (I think that was the neighborhood name), ice cream in union station, beer at Wynkop brewery. Bigger Activities: Drove out to Boulder and Estes Park. Took bus shuttle up into park, hiked around Glacier Gorge area. Check out Red Rocks Amphitheater and did some hiking trails there. Walked down to Morrison and had some ice cream at a Cow place. Walked to the zoo and saw all the animals there. Walked to Denver Science Museum and saw the exhibits there and watched an IMAX film....
by rogers-SNK
Mon Jul 17, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: Denver Trip - Last minute
Replies: 26
Views: 3607

Re: Denver Trip - Last minute

Wednesday thru Sunday. Wouldn't be opposed to renting a car a couple days.
by rogers-SNK
Mon Jul 17, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Denver Trip - Last minute
Replies: 26
Views: 3607

Denver Trip - Last minute

I decided to take a trip to Denver because of a cheap flight and hotel. I'll be staying downtown and am looking for ideas of things to do/see etc.

Was hoping some of you would chime in with ideas! Unfortunately the Rockies are out of town when I am there or I would have seen a game.

Thanks!
by rogers-SNK
Mon Jul 18, 2016 12:08 pm
Forum: Personal Consumer Issues
Topic: Traveling to DC
Replies: 32
Views: 3066

Traveling to DC

I have an unexpected trip to DC this week and was wondering if anyone has any recommendations for sites to see and places to eat with little lead time as far as a reservation.

I'll be staying in Bethesda, but I think I can take the metro right in on the Red line?
Thanks!
by rogers-SNK
Wed Jul 22, 2015 10:10 am
Forum: Personal Consumer Issues
Topic: Wedding north of San Francisco
Replies: 13
Views: 1583

Re: Wedding north of San Francisco

Awesome thanks guys for all the help! Is parking tough to get at the ferry spots? Do the ferry's fill up quickly?
by rogers-SNK
Tue Jul 21, 2015 10:20 am
Forum: Personal Consumer Issues
Topic: Wedding north of San Francisco
Replies: 13
Views: 1583

Wedding north of San Francisco

A friend is getting married in San Rafael, is it possible and/or practical to stay there and commute to do tourist things in San Francisco? The hotel is a decent price for the wedding with free breakfast. According to google its a 45 minute commute to San Fran from there across the bridge. I'd assume since the wedding is where its at, we would have to rent a car. I've heard parking in San Fran is not fun and can be pricey but if its only a couple days, I wouldn't mind too bad.

Things we'd probably like to see:
Alcatraz
Chocolate Factory
Fisherman's wharf.
by rogers-SNK
Thu Jun 11, 2015 7:33 am
Forum: Personal Consumer Issues
Topic: Tree Trimming Etiquette with Neighbors
Replies: 30
Views: 18902

Re: Tree Trimming Etiquette with Neighbors

What state do you live in?

http://na.fs.fed.us/spfo/invasiveplants ... kthorn.pdf

If they are quick growing weed like trees with black berries sounds like they probably have buckthorn growing there. Buckthorn is a nasty invasive weed tree/bush. Where I live you are required to remove any buckthorn as its deemed invasive.

You should check with your city too, mine for instance as a compliance office you can call and ask for the city inspector to come investigate the property for maintenance issues.
by rogers-SNK
Wed Jan 28, 2015 6:57 am
Forum: Investing - Theory, News & General
Topic: Why do brokerages give commission free-etfs
Replies: 19
Views: 2786

Re: Why do brokerages give commission free-etfs

Call_Me_Op wrote:You don't think these firms are into charity, do you? They get paid a slice of the ETF's expense ratio or a slice of the spread.
No I don't think they are into charity. That's why I asked, was curious where they making their cash.
by rogers-SNK
Wed Jan 28, 2015 6:45 am
Forum: Investing - Theory, News & General
Topic: Why do brokerages give commission free-etfs
Replies: 19
Views: 2786

Why do brokerages give commission free-etfs

A couple friends and I were discussing why do brokerages give commission free-etfs and couldn't come up with a good answer. Are they making money on the spread? How are they making their money?
by rogers-SNK
Thu Jan 08, 2015 8:59 am
Forum: Investing - Theory, News & General
Topic: A mortgage prepayment puzzler
Replies: 15
Views: 2662

Re: A mortgage prepayment puzzler

You can use mortgage calculators to see some of this...

http://www.bankrate.com/calculators/mor ... lator.aspx

You can do one time payments, monthly additional, etc to see how it changes your interest paid, time its paid off.
by rogers-SNK
Fri Dec 19, 2014 1:43 pm
Forum: Personal Investments
Topic: annuity inheritance
Replies: 2
Views: 715

Re: annuity inheritance

I think the account was an IRA in a fixed annuity.
by rogers-SNK
Fri Dec 19, 2014 12:38 pm
Forum: Personal Investments
Topic: annuity inheritance
Replies: 2
Views: 715

annuity inheritance

If you get an inheritance from an annuity, you have to liquidate that account and are hit with the tax all at once, or can make a beneficial IRA (5 year limit), or can make another type of account where you do minimum withdrawals.

Is the above true? How does one find more information? Also if you make the beneficial IRA does it make doing a back door Roth more difficult?
by rogers-SNK
Tue Sep 30, 2014 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: AllClear ID identity theft protection?
Replies: 7
Views: 992

Re: AllClear ID identity theft protection?

Home Depot and SuperValue are offering this as well.

It will not hurt your credit score and signing up was pretty easy at least through the Home Depot breach 1 year offer.

From my understanding, this wont stop people from using your credit just makes you aware. Its up to you then to fight it out to remove it.
by rogers-SNK
Mon Sep 29, 2014 10:12 am
Forum: Personal Consumer Issues
Topic: finding the leak(s) in underground sprinkler system
Replies: 5
Views: 1384

Re: finding the leak(s) in underground sprinkler system

I suspected that our sprinkler system is leaking water, because I got a water bill of more than $100 and I only watered my lawn once last month. The problem is that I cannot see where it is leaking. My plan is to not winterize it this time (just turn it off), and wait until the next spring to have someone to turn it on and check the system. If it is leaking water, then I think there is no need to winterize the system and the water will just leaks. (I am not a professional, just want to save me some money). Why would you not winterize? If you have a leak it could simply be a bad part of one hose or sprinkler head, both of which are not that expensive to fix. Usually the system will have valves that control the water flow as well so you mayb...
by rogers-SNK
Tue Sep 09, 2014 1:51 pm
Forum: Personal Consumer Issues
Topic: Dallas-Fort Worth things to do
Replies: 13
Views: 1319

Dallas-Fort Worth things to do

Anyone have any suggestions on things to do/see in Dallas/Fort-Worth?
by rogers-SNK
Wed Aug 27, 2014 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Term to Perm Insurance
Replies: 4
Views: 530

Term to Perm Insurance

Is it common practice to get term insurance and then as you get closer to the end of your term to convert some or all of it to permanent? Are there pros/cons of doing this? If recommended what do you need to look for on your term insurance when you get it so you have this option.
by rogers-SNK
Mon Aug 25, 2014 1:35 pm
Forum: Personal Consumer Issues
Topic: What is your most memorable 1 week vacation?
Replies: 91
Views: 13129

Re: What is your most memorable 1 week vacation?

DFrank wrote:
Austintatious wrote:DFrank, night time there must be incredible - can't imagine the night sky you'd see. What the name of the rig your towing? Is it Australian? Thanks.
Yes, the night skies in south-central Utah are amazing. Natural Bridges National Monument, which is nearby, was the first International Dark Sky Park.

The trailer is made by an outfit called Adventure Trailers, and they are made here in the USA. They are located in Prescott, AZ.

Dave

Here is another cool aussie backcountry camper company, watch the videos pretty crazy.

http://uev.com.au/
by rogers-SNK
Mon Mar 24, 2014 2:21 pm
Forum: Personal Investments
Topic: $3000 to invest for 3 years
Replies: 18
Views: 2125

Re: $3000 to invest for 3 years

asking on this forum what stocks to pick or where to get information is the wrong forum

if you need 3k in 3 years, listen to the other postings...
prh116 wrote:I'd stick to Cramer
Lol, I wonder if you would come out ahead doing the opposite of him.
by rogers-SNK
Mon Mar 24, 2014 10:22 am
Forum: Personal Investments
Topic: Brokerage Sub Portofolios/Accounts?
Replies: 1
Views: 386

Brokerage Sub Portofolios/Accounts?

My uncle wants to help his two grandsons about investing.

He'd like to have a main account but be able to track the two boys progress individually like two sub portfolios? Do online brokerages, e-trade, etc... offer that ability? Or is he stuck with having to open two different accounts?

Thanks!
by rogers-SNK
Mon Mar 17, 2014 8:07 am
Forum: Personal Investments
Topic: Could I retire…. next week?
Replies: 13
Views: 3684

Re: Could I retire…. next week?

Dennis,

Others can offer better advice than me, but I wanted to extend my sympathies for your loss. I can't put into words the pain you are probably going through but will offer this quote by A.A. Milne.
How lucky am I to have something that makes saying goodbye so hard.
by rogers-SNK
Wed Feb 26, 2014 8:24 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett's portfolio for his wife: Vanguard index fund
Replies: 70
Views: 17611

Re: Warren Buffett's portfolio for his wife: Vanguard index

is VFINX good for a taxable account or should one stick with total stock market?
by rogers-SNK
Sun Apr 14, 2013 3:56 pm
Forum: Personal Consumer Issues
Topic: [Visiting] Oahu
Replies: 32
Views: 5129

Re: [Visiting] Oahu

You guys/gals are awesome, in case no one has told you yet. Several restaurant reservations now made. I will post them when I get a chance. I think we are going to rent a car for our last 3 or 4 days there, man parking looks like it is crazy expensive ($35 a day). We will probably try and book a Pearl Harbor tour for Friday because it seems the advanced tickets are already sold out and won't have a car to get there that day. Do you have to have any experince snorkeling or kayaking in the ocean to do it? We are from the midwest and are decent swimmers (lots of lakes) but the ocean is obviously very different. Is it worth while to book a tour to do either, if so recommendations? If I can get the wife to plan some stuff out I'll try to post a ...
by rogers-SNK
Thu Apr 11, 2013 12:17 pm
Forum: Personal Consumer Issues
Topic: [Visiting] Oahu
Replies: 32
Views: 5129

Re: Oahu

We are staying in Waikiki due to a conference we have there. Thanks for all the input and replies so far.
by rogers-SNK
Wed Apr 10, 2013 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Those of you with alot of money, how did you do it?
Replies: 86
Views: 14858

Re: Those of you with alot of money, how did you do it?

you could do like this guy, PB&J's, no car, no kids, no income tax state...

http://lifeinc.today.com/_news/2013/04/ ... -time?lite
by rogers-SNK
Tue Apr 09, 2013 8:57 am
Forum: Personal Consumer Issues
Topic: [Visiting] Oahu
Replies: 32
Views: 5129

[Visiting] Oahu

Anyone have any pointers on going to Oahu, will be there for a week.

Some items:
1. Best way to see Pearl Harbor.
2. Good places to eat?
3. Zoo/Aquarimum worth it?
4. Interesting hikes?
5. Other things to see/do?
by rogers-SNK
Mon Apr 01, 2013 12:57 pm
Forum: Personal Investments
Topic: Monthly/Quarterly/Annually? investing
Replies: 2
Views: 900

Monthly/Quarterly/Annually? investing

How much should one have before making purchases of a MF or ETF, say like VTSM. Is a 3-4 hundred a month too small and should save up and wait to buy bigger chunks?

Thanks,
Rogers
by rogers-SNK
Tue Mar 26, 2013 12:49 pm
Forum: Personal Investments
Topic: What do different classes of a fund mean?
Replies: 11
Views: 1080

Re: What do different classes of a fund mean?

Edited original to show its an ROTH IRA. Yeah 2.14% just seems high to me. According to AmeriPrise site, Vanguard funds are available through them, I wonder if his planner would allow a transfer to that fund.
by rogers-SNK
Tue Mar 26, 2013 9:57 am
Forum: Personal Investments
Topic: What do different classes of a fund mean?
Replies: 11
Views: 1080

Re: What do different classes of a fund mean?

So if I get him to transfer out of that fund, he'd take a 1% hit on the transfer? I assume that his planner would then start to charge him for services as he pays nothing right now but all he has is a roth anyways...
by rogers-SNK
Tue Mar 26, 2013 8:24 am
Forum: Personal Investments
Topic: What do different classes of a fund mean?
Replies: 11
Views: 1080

What do different classes of a fund mean?

My brother has an AmeriPrise Planner and has his ROTH IRA in a John Hancock fund "Lifestyle Growth" Class C (ticker JCLGX).

First of all what is the difference between the different classes, they offer A,B,C? I assume A probably has a initial Sales Load charge of 5%?

Second, when I'm looking at the fund it says the ER is 2.14% is that really true??? Why would the planner recommend that fund? If I help my brother move to a smaller ER fund will he pay costs to move it? I wonder if that will piss off the Planner...

From JH Site:

Annual Operating Expenses (%)
Total Fund Operating Expenses
2.14

Net Fund Operating Expenses
2.14

Thanks!
Rogers
by rogers-SNK
Tue Mar 05, 2013 12:19 pm
Forum: Personal Investments
Topic: 2012 Roth Contribution
Replies: 3
Views: 930

2012 Roth Contribution

I can put 5k in to my roth this year. I just have my roth in an passive heavy equity low ER right now.

So my question is can I put my 2012 contribution into my roth but put it in some kind of holder (cash?) area, and then dole it into the standard area at like a grand a pop over a period of time to try and dollar cost it out? Or am i worrying about nothing by putting 5k in. For 2013 I was thinking of just doing a monthly contribution so I dollar cost it out over the year. Thoughts? Thanks for your time and input.

edited to add: I guess it will be 10k (incl. wife's roth).
by rogers-SNK
Thu Feb 14, 2013 10:23 am
Forum: Personal Investments
Topic: Taxable investing [Portfolio Help]
Replies: 9
Views: 1340

Re: Taxable investing [Portfolio Help]

Thank you all for the replies!
The ETF for TSM seems to have the same ER has the Admiral TSM.
If I opened a Vanguard Brokerage account, I'd avoid the 9.99 commission from e-trade I think.

For i-bonds, are those just individual savings bonds that you can only get through treasury direct?
by rogers-SNK
Wed Feb 13, 2013 2:16 pm
Forum: Personal Investments
Topic: Taxable investing [Portfolio Help]
Replies: 9
Views: 1340

Taxable investing [Portfolio Help]

Hi everyone, First thanks for all the information on this board. I learn more on here than from my fianicial advisor. I am currently reading the Boglehead's investing book, and one from Larry Swedroe called "The only guide to a Winning Investment Strategy". If one is already maxing out 401k (Fidelity 2040 Target) and ROTH, I've been thinking about some taxable investing. From reading on here bond funds are best kept in tax friendly accounts. So I was thinking of Vanguard Total Stock Market, Vanguard Total International Stock Market, and maybe some i-Bonds? As far as investing, I am a buy and hold. Questions: 1. Are those three funds ok to start off for taxable investing? (they are mentioned quite often in regards to taxable) 2. I ...