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Registered on:7/26/2011
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re: Help Pick Funds for 529 Plan - stonerolledaway
VITPX is a total stock market index fund. there really is no need for other stock funds since it captures the entire stock market return minus the low expense ratio. The only other funds would be a bond index fund. I currently have about 60% stock and 40% bond and probably will keep that allocation ...
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re: HSA as super retirement vehicle - stonerolledaway
[quote]If an individual was to switch to a traditional PPO insurance plan, won't he then be taxed on his HSA holdings?[/quote] as far as I know, the HSA is your account and safe from taxes as long as it is for medical expenses. If you switch plans, the contributions cease but the account continue...
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re: HSA as super retirement vehicle - stonerolledaway
hard to beat the triple tax advantage...the employer match...the incentive to be healthier...the fact that it is YOUR account...and the ability to treat as a traditional ira at age 65... traditional ira - tax free deposits >> tax free growth >> taxed withdrawals. roth ira - taxed deposits >> ...
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re: Help Pick Funds for 529 Plan - stonerolledaway
If you were 100% in VITPX, that is aggressive being 100% in stocks. Not sure what 'aggressive age-based' fund means but if it is not an index fund it probably has higher expense ratio and other costs trying to be 'aggressive'. ...
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re: Help Pick Funds for 529 Plan - stonerolledaway
VITPX .02% expense ratio, own the whole US market, move on with your life....
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re: Help Pick Funds for 529 Plan - stonerolledaway
the word 'feels' is not your friend when it comes to investing. If you are in for the long haul who gives a crap if it corrects soon. Actually at that point be happy because now you are buying on sale or so it 'feels'. The main thing is do not focus on what the market may or may not do, but on savin...
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re: Best way to payoff mortgage early? - stonerolledaway
I used a similar tactic back early in career by taking half of a raise home and half would go into maxing out 457 plan and after that maxing out a roth ira as well....
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re: Best way to payoff mortgage early? - stonerolledaway
For me I want that mortgage out of there no matter how good the interest rate is. It is a guaranteed return to not pay others interest. Don't fall into the prediction that some investments have beaten my mortgage rate and therefore going forward it will be the same. Also, what if you lose your job? ...
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re: What % of net income - stonerolledaway
“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” Albert Einstein...
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re: What % of net income - stonerolledaway
paid the house off early, it was accelerated by a small inheritance. One huge advantage is I have been there 20 years next year. Highly recommend buying smart, reasonable size house in a good area. Not being chased out by the neighborhood going downhill is worth a hundred grand. Not flooding was wor...
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re: What % of net income - stonerolledaway
savings max out tax advantaged accounts fund after tax as possible debt become debt free as soon as possible, do not pay others interest bills pay in full each month and ask if really needed spending enjoy experiences and not stuff unless the stuff allow you to enjoy experiences ...
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re: Should I continue with my Advisor? - stonerolledaway
Check the cost of the advisor and the funds chosen by him. Having a vanguard account requires absolutely zero market studying. I have found I am comfortable with about 65% stocks and 35% bonds. All you need is the total stock market index fund and the total bond market index fund which owns the e...
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re: Someone explain to me what a Roth IRA is - stonerolledaway
traditional ira - tax free deposits >> tax free growth >> taxed withdrawals. roth ira - taxed deposits >> tax free growth >> tax free withdrawals. Health Savings Account - tax free deposits >> tax free growth >> tax free withdrawals for medical....
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re: Anyone else currently sitting on the sideline in the stock market? - stonerolledaway
market timing is a loser's game...the important thing is are you saving enough......
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re: Question About EBR Property Tax - stonerolledaway
This is highly questionable and splitting hairs, for years the check is written in December but not cashed until January with no problems at all. the 2016 deduction should probably be taken on your 2016 taxes, not an expert, ymmv......
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re: My Favorite thing about European soccer.... - stonerolledaway
step one - f title whatever and establish a men's LSU soccer team....
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re: Buying your first home - stonerolledaway
for me I don't want the work of running a rental empire, owning low cost index funds is much less work. If I were to get into real estate, it would have to be in nice areas and the buildings well made and low maintenance which is the same that I would look for as my primary residence. One way to bui...
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re: Vanguard three fund question - stonerolledaway
congrats on the early start. the main thing here is you are saving and that you are using a low cost brokerage. You have to decide what allocation is best for you. Over the years I seem to keep coming back to a 60/40 stock/bond split roughly and no international. This may be my lifelong comfort leve...
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re: $300,000 home cash, or 50% down $600,000 home in a nicer neighborhood - stonerolledaway
Are you independently wealthy? Do you ever desire to be independent?...
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