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  • jfoxcpacfp
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    …is that not basically ALL investing?
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    Not in the least, but that is how most people view it.

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  • DMFA
    replied
    ...is that not basically ALL investing?

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  • DMFA
    replied
    I make large contributions on July 1 because that's when my ASP gets paid (military, what up), with big payroll deduction to the TSP and then cash into the IRA...so hopefully the lull lasts long enough for the payroll part to fall in!

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  • AlexDDS
    replied




    All of my investments are aggregated for portfolio purposes. I just moved a fund with a balance of around $20k from my SIMPLE IRA to my Roth IRA. Should I, for some reason, decide to recharacterize, it’s quite easy to move the fund back. I have no plans to recharacterize, but that is how we do it for clients, too, in case they change their minds. That is, of course, unless they are doing a total conversion, as several did in 2010.

    Fwiw, the next potential “known unknown” that I’m looking ahead to is the day after the 2016 election.
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    To make sense in top tax bracket + NY State tax what decline you need to have? 20-25% ? (paying taxes for roth conversion vs investing those money to taxable account?) Thanks.

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  • jfoxcpacfp
    replied
    All of my investments are aggregated for portfolio purposes. I just moved a fund with a balance of around $20k from my SIMPLE IRA to my Roth IRA. Should I, for some reason, decide to recharacterize, it's quite easy to move the fund back. I have no plans to recharacterize, but that is how we do it for clients, too, in case they change their minds. That is, of course, unless they are doing a total conversion, as several did in 2010.

    Fwiw, the next potential "known unknown" that I'm looking ahead to is the day after the 2016 election.

    Leave a comment:


  • AlexDDS
    replied













    I was thinking about buying VTIAX (total international stock market) in my taxable account, however i have no money in my MMF. Do you guys always keep money ready in your MMF in case such opportunity arises?
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    I always have cash around. 2000-2 and 2008 taught me that lesson.
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    Going to play the devil’s advocate here… isn’t this entire thread encouraging market timing? Wouldn’t a purist find this contradictory/hypocritical?
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    You are right but that was why I clarified “market timers focused on the short term” in post #22138. The difference (imho) is that opportunistic buying when the market is down is a long-term strategy. For example, when I convert $20k to a Roth on a day when the market goes down 3%, I have no plan to sell when it goes back up. I just had the opportunity to convert long-term investments on a temporary drop. That’s my personal definition, so maybe I’m not a purist ?
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    How does it work? do you transfer 20k and then rebalance? or assign specific(investments that are down) mutual fund shares  into roth portion of account? Thanks.

    Leave a comment:


  • jfoxcpacfp
    replied










    I was thinking about buying VTIAX (total international stock market) in my taxable account, however i have no money in my MMF. Do you guys always keep money ready in your MMF in case such opportunity arises?
    Click to expand…


    I always have cash around. 2000-2 and 2008 taught me that lesson.
    Click to expand…


    Going to play the devil’s advocate here… isn’t this entire thread encouraging market timing? Wouldn’t a purist find this contradictory/hypocritical?
    Click to expand...


    You are right but that was why I clarified "market timers focused on the short term" in post #22138. The difference (imho) is that opportunistic buying when the market is down is a long-term strategy. For example, when I convert $20k to a Roth on a day when the market goes down 3%, I have no plan to sell when it goes back up. I just had the opportunity to convert long-term investments on a temporary drop. That's my personal definition, so maybe I'm not a purist :-)

    Leave a comment:


  • canadianoutlaw
    replied







    I was thinking about buying VTIAX (total international stock market) in my taxable account, however i have no money in my MMF. Do you guys always keep money ready in your MMF in case such opportunity arises?
    Click to expand…


    I always have cash around. 2000-2 and 2008 taught me that lesson.
    Click to expand...


    Going to play the devil's advocate here... isn't this entire thread encouraging market timing? Wouldn't a purist find this contradictory/hypocritical?

    Leave a comment:


  • EH
    replied
    Agree that's often a problem and why among more general reasons I just have my money auto-invested on a schedule. I do sometimes put extra in when the market drops using the Vanguard app on my phone during lunch though - that works pretty well for me. Of course I usually do lunch out of the office.....

     

    Leave a comment:


  • Docbeans
    replied




     I did put a couple K into my taxable this morning though… Look at me planning ahead – I actually transferred some money into my account last week for this reason!
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    I did too... transferred some money earlier in the week, in anticipation of Brexit. But these things are hard to do when work/home/life gets really busy and one may completely miss a nice buying opportunity. It doesn't help that the market is open only from 9:30-4:30... a doc's work often begins before that and ends way later.

    Leave a comment:


  • Zaphod
    replied










    Waiting at least until next week before contributing to my Roth, likely to add more VTIAX. Don’t want to catch the falling knife just yet.
    Click to expand…


    Catching a falling knife is for market timers focused on the short-term. Converting to a Roth on the dips or adding to a well-balanced portfolio on the dips is actually a long-term strategy. Don’t let perfection be the enemy of the good.
    Click to expand…


    There might be some degree of market timing in my decision but my Roth only has VTIAX in it and I haven’t contributed this year yet. I don’t have a traditional IRA for doing a conversion. I’m just rebalancing with new funds but would rather do it when things level off.
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    What does that mean? You mean when its higher in price or hopefully consolidated and about to go back up?

    Leave a comment:


  • jfoxcpacfp
    replied


    I’m just rebalancing with new funds but would rather do it when things level off.
    Click to expand...


    How do you know that except for looking in the rear-view mirror?

    Leave a comment:


  • KidneyBoy
    replied







    Waiting at least until next week before contributing to my Roth, likely to add more VTIAX. Don’t want to catch the falling knife just yet.
    Click to expand…


    Catching a falling knife is for market timers focused on the short-term. Converting to a Roth on the dips or adding to a well-balanced portfolio on the dips is actually a long-term strategy. Don’t let perfection be the enemy of the good.
    Click to expand...


    There might be some degree of market timing in my decision but my Roth only has VTIAX in it and I haven't contributed this year yet. I don't have a traditional IRA for doing a conversion. I'm just rebalancing with new funds but would rather do it when things level off.

    Leave a comment:


  • jfoxcpacfp
    replied




    Waiting at least until next week before contributing to my Roth, likely to add more VTIAX. Don’t want to catch the falling knife just yet.
    Click to expand...


    Catching a falling knife is for market timers focused on the short-term. Converting to a Roth on the dips or adding to a well-balanced portfolio on the dips is actually a long-term strategy. Don't let perfection be the enemy of the good.

    Leave a comment:


  • KidneyBoy
    replied
    Waiting at least until next week before contributing to my Roth, likely to add more VTIAX. Don't want to catch the falling knife just yet.

    Leave a comment:

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