Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
PRESSmUP , for what it's worth, my Schwab financial guy told me Schwab does not offer HSA accounts. Digging a little more, I found none of the big supermarket brokerages do. I have not found a good place to set up an HSA that can invest in much else…
In the discussion portion of a @PRESSmUP link I found this Optimal Retirement Planner:
"The Optimal Retirement Planner (ORP) computes your tax-efficient schedule of retirement savings withdrawals for your entire planned retirement. Withdrawals from…
@davidmoran Roth conversions
The cynical side of me thinks:
Paying taxes (Roth IRA) first would reduce AUM for managers like Edelman by the investor's tax rate or between 20-30%. This would equate to a 25-42% loss of profits over a 30 year time fram…
@msf"Generally, only one qualified HSA funding distribution is allowed during the lifetime of an individual."
Agree with this, a one time (at any age) direct roll over (trustee to trustee) from a TIRA to an HSA. I did this the first year I funded my…
Thanks @PRESSmUP for these two links.
In a similar manner to a Roth conversion strategy, I will be funding my HSA with T.IRA dollars from 59.5 - 65. I consider this a tax free conversion if I use these HSA dollars for healthcare. Also, there are n…
@JohnChisum
Two valuable strategies that @Old_Skeet has mentioned:
I found it beneficial to take all mutual fund distributions in cash and let these build in the demand cash sleeve of my portfolio.
Also,
If you are faced with selling securities to …
@msf,
I've never seen a clear statement on how past qualified medical expenses of the deceased spouse are treated.
I ask this same question on Ed Slott's discussion board and received this answer:
@PressmUpIn retrospect, I should have done earlier what my dad did for many decades...buy boring, dividend paying stocks.
Dividend stocks held in taxable accounts receive preferential tax treatment from year to year and when inherited are provided p…
@PressmUPYour question seems more nuanced...how to generate a stream of income from your accumulated assets in both an IRA and perhaps a taxable account.
I agree with the weakness of the linked article's ability to delve further. As I search for bet…
Remember you are not necessarily insuring your property, but the mortgage that you have on the property.
Most "home owners" might be better described as "mortgage owners". "Home owner's insurance" insures that the "mortgage owner" (the bank) is pr…
Here's a link referencing it for Dec 2016:
finance.yahoo.com/news/this-contrarian-indicator-says-the-sp-500-is-set-to-surge-19-193618725.html
Still looking for the source...
A HELOC is probably the fastest way to get your hands on a large sum of money quickly and with reasonable repayment terms. Think of it as an emergency fund that you may never need but sleep better knowing you have it.
More often than not I find these class action suits (often encouraged by "ambulance chasing" lawyers) as a disproportional money grab by these lawyers.
As small investors we all should be represented by our investment fiduciaries in matters like t…
This newsletter update seemed to fit the thread:
Prospects for International Stocks, Value Stocks, and Bonds in the New Year
funds-newsletter.com/jan17-newsletter/jan17-new.htm
It's always a surprise when it comes to investing.
On the decision making side...
I let go of FAIRX and TGBAX...I guess I got tired of waiting.
I began to trust the wisdom of simplicity...I have pared back on the number of funds I own.
Gone a…
From the article:
"RMD first-timers — those who turned 70½ just this year — get an extension to April 1."
Does this effectively mean that someone who turned 70 1/2 in 2016 can wait to take their first RMD until April 1, 2017? I would assume that th…
I love reduced disinflation. Gonna sleep on that one.
While buying "Jumbo Shrimp" yesterday I witness first hand how this term works. I guess consumers will now have to unlearn maximum procrastination.
@Ted,
I am a subscriber of FTR. This was as a result of a service vacuum left when AT&T (U-verse) folded in CT.
I have taken an interest in following this stock when you first mentioned you bought it earlier this year. I have also watched th…
I couldn't find a previous MFO topic link on this (I believe linked by @Ted), but here it is from the horse's mouth (or the other end if this strategy doesn't work out):
https://researchaffiliates.com/documents/586-The-Emerging-Markets-Hat-Trick.pdf
@willmatt72 If the inference is that I'm late to the party on healthcare, I disagree. But time will tell
Not at all...probably good to dollar cost average in as the wrinkles get worked out with Donnie-care.
Recently, I purchased VHT as a healthcare play. Looks half decent to me.
This remind me of the call I got from the doctor.
He said, "I have some good news and I have some bad news".
This sounds half decent, right?
I asked the Doc to give me th…
Thanks for article @Ted.
I'll add a few other thoughts.
A second home needs to be commutable...for me, that was no more than 90 minutes door to door. The thing about the Cape (mentioned in the article) and other exotic destinations is that they t…
Nice @Edmond...I'll have what he ordered!
I'll add that many of the struggles humans encounter have much to do with securing a living wage. When one is not available, social ills (crime, addiction, government handouts, lack of education, etc) incr…
Thank @Ted,
Your link answered my question and makes me wonder about another...the 60 day rollover rule and calculating your RMD after 70.5.
The RMD rule is as follows:
The RMD for each year is calculated by dividing the IRA account balance as of…
From a recent Jeff Saut (Raymond James) article I reference this passage and a possible endorsement for equity inflation in 2017:
Our sense is the new administration will not be able to get the corporate tax rate down to 15%, but even at a 25% rate…
I have owned it through thick and more recently thin times.
Some here were agile enough to time this fund over its most recent uptick.
I believe thick Cuban cigars (with a Connecticut wrap) would be a nice addition to this fund.
Cuba may be more…
@Old_Skeet,
Have you ever been asked to duplicate your sleeve system with using only "Low ER/Low fee" funds?
As I recall, your funds are selected on the basis of total return (performance-management cost). Many seem to have loads (that may be wai…
Here's an article that shed some light on the changing dynamics that face the US, UK and the EU including the possibility of interest rates rising here in the US:
trumps-fiscal-policy-may-have-lessons-for-britain/
The full article may require free…
Thanks Ted,
From the article:
O’Neil said that he likes Treasury Inflation-Protected Securities, leveraged loans and corporate credit, both high yield and investment grade.
Fidelity Total Bond gained 6.1 percent this year, better than 88 percent o…
BC/BS offers one of those five cheaper catastrophic plans. In addition, it sells two HSA plans that step up to Bronze for virtually the same price - HSA plans for $111.02 ($6550 deductible/$6550 cap) and $117.93 ($5950 deductible/$6350 cap).
I beli…
