• I'm happy to introduce the Styleforum Happy Hour our brand new podcast featuring lively discussion about menswear and the fashion industry. In the inaugural edition, a discussion of what's going on in retail today. Please check it out on the Journal. All episodes will be also be available soon on your favorite podcast platform.

  • STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

Talking stocks, trading, and investing in general

Omega Male

Distinguished Member
Joined
May 30, 2013
Messages
1,778
Reaction score
2,270
Our major problems are entirely self-created. The trade war and exploding budget deficit are the twin anvils that will drag us under into recession. Timing is always hard but it’s feeling more and more like by early next year.
 
Last edited:

Omega Male

Distinguished Member
Joined
May 30, 2013
Messages
1,778
Reaction score
2,270
To cheer you up, WeWork just reported it has lost $150 million a month so far this year and is citing this as a strong positive in its IPO prospectus. The Related Party disclosures are absolutely bananas, too. Makes Enron look like the World Bank.
 

patrickBOOTH

Stylish Dinosaur
Dubiously Honored
Joined
Oct 16, 2006
Messages
35,633
Reaction score
10,578
For long-term investing 401k, IRA whatever do you guys typically adjust your contributions to funnel more into underperforming assets, or do you just contribute at the same percentages has your target allocation?
 

stimulacra

Senior Member
Joined
Dec 30, 2009
Messages
360
Reaction score
64
For long-term investing 401k, IRA whatever do you guys typically adjust your contributions to funnel more into underperforming assets, or do you just contribute at the same percentages has your target allocation?
For IRA and such, I redirect new inflows to whatever is underperforming. For 401k I have my targets set and it just rebalances twice a year.
 

jbarwick

Distinguished Member
Joined
Nov 28, 2012
Messages
4,476
Reaction score
2,068
For IRA and such, I redirect new inflows to whatever is underperforming. For 401k I have my targets set and it just rebalances twice a year.
Same here though I don't adjust 401k much unless there is some terrible underperformance in an asset class. I think the last time I adjusted % was for International a few years ago
 

brokencycle

Stylish Dinosaur
Moderator
Joined
Nov 21, 2008
Messages
16,010
Reaction score
9,335
For long-term investing 401k, IRA whatever do you guys typically adjust your contributions to funnel more into underperforming assets, or do you just contribute at the same percentages has your target allocation?
I just put towards the funds I always put into. No allocation adjustments, no re-balancing.
 

patrickBOOTH

Stylish Dinosaur
Dubiously Honored
Joined
Oct 16, 2006
Messages
35,633
Reaction score
10,578
If you have a 401k that you're not maxing out why have an IRA? Is it for the Roth option? I'd assume you don't have a Roth option in your 401k then. Is there something else I'm missing?
 

Texasmade

Distinguished Member
Joined
Apr 26, 2008
Messages
6,333
Reaction score
2,316
Couple of reasons.

Roth option and freedom to invest in anything I want.

Roth has an AGI limit. By the time I was able to max out my 401k, my AGI was close to the Roth phaseout starting point. I started contributing to the Roth when I was making around 60% of what I currently make. I expect to be no longer contributing max Roth limit in a couple of years.
 

jbarwick

Distinguished Member
Joined
Nov 28, 2012
Messages
4,476
Reaction score
2,068
I do basic 401k to company match, roth IRA, then back to basic 401k. I have not looked into the advantages of roth 401k vs. basic 401k.

Next year will be 401k to max then taxable.
 

otc

Stylish Dinosaur
Joined
Aug 15, 2008
Messages
17,577
Reaction score
7,178
I think my 401k has an option where it automatically uses new contributions to try and get closer to target allocation. Not sure if I have it turned on though...

If you have a 401k that you're not maxing out why have an IRA? Is it for the Roth option? I'd assume you don't have a Roth option in your 401k then. Is there something else I'm missing?
Pretty standard advice in the personal finance world. The theory is that you have full control over IRA funds (whether roth or trad), while the 401k is at the whims of your employer. I'm fortunate to have a 401k with good fund options (and I think it even has a self-directed option for a small fee), but even then, sometimes they send out emails like "We are getting rid of these 5 funds and adding these alternatives".

So the advice goes 401k to match > IRA to max > 401k to max > Taxable.

You don't want to miss out on the match, but if you aren't maxing both...better to put the money in the thing that is entirely yours.
 

patrickBOOTH

Stylish Dinosaur
Dubiously Honored
Joined
Oct 16, 2006
Messages
35,633
Reaction score
10,578
Makes sense. My Company has pretty great options for the 401k as well as self managed for $50 per year.
 

imatlas

Saucy White Boy
Joined
May 27, 2008
Messages
12,413
Reaction score
4,501
I thought the SF Minimum Income was well above the cutoff for contributions to both a 401(k) and an IRA?
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
59,279
Reaction score
21,808
I thought the SF Minimum Income was well above the cutoff for contributions to both a 401(k) and an IRA?
I thought the only 401(k) income limit was HCE/key employee and if your organization passes the top hat discrimination test? Same for 403(b) and there's no discrimination test with 457s. In fact, 457s were invented to get around this and were originally known as "rabbi trusts." I guess rabbis make big coin?
 

Featured Sponsor

What's your favorite pair of shoes to wear with jeans? (Choose two)

  • Boots (Chelsea, Chukkas, Balmorals, etc.)

  • Loafers

  • Work boots (Red Wing, Wolverine, etc.)

  • Monk strap shoes

  • Oxford / Derby shoes

  • Sneakers


Results are only viewable after voting.

Related Threads

Forum statistics

Threads
425,914
Messages
9,158,723
Members
192,378
Latest member
burahoahancr

Styleforum is proudly sponsored by

Top