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Oh, yes, you are correct. I got the Roth and Roth TSP confused together. I need to clarify further that I don't want a Roth TSP anymore because I want to reduce my taxable income for this year. Hence the switch.

Thanks for the responses, everybody. I have a Roth through Vanguard that I've already max'd out for 2016. So I cannot contribute more to anything Roth. Part of the $378 will go to taxable accounts invested in index funds.

Hi all. I recently switched from Roth TSP to traditional TSP and noticed that deduction in federal taxes for the month dropped by $378.40. Is this the effect from reducing my current income and deferring the taxes to a later date?

Thanks for the catch! And thanks everybody for the assist in getting to understand my investments more. I learned something to help me measure my progress. As for my friend I emailed him the numbers and the math behind them. I have yet to hear back. The news has got to be hurting him pretty...

I used pb4uski's example to run my numbers and my friend's. You guys can troubleshoot me. For simplicity's sake I assumed my friend had all equities and no direct holdings or bonds. The time period is January 1, 2009 through December 31, 2015. A period of six years. In that time period I...

Where can I find that?

My friend gave me a listing of his funds. They are in this portfolio labeled AMS funds. This listing is long: 1) Fidelity Advisor New Insights Fund Class I 1604 2) Oakmark International Small-Cap Fund 8509 3) My Asset Strategy Fund Class I 1864 4) Loomis Sayles Bond Fund Institutional Class...

Thanks for the input, everybody. I own VTSAX, VTSMX, VEXRX, VTIAX, VGSLX. I learned a lot from the math examples. Thank you very much! I will apply that to my numbers and see the result. As for my friend, I will give him the bad news, but the math is the strong supporting evidence and will...

Had another chat with my friend. He kind of backed off his initial claims stating he got the market rebound mixed in with his contributions mixed in with his dividends/capital gains. He also said his holdings were in an asset management account. His basis was he started with $130K in...

I have a slight understanding of dividends vs capital gains when it comes to taxes. Why does one fund return dividends while another fund returns in capital gains?

Got into a discussion with a friend about index funds versus aggressive growth funds. I got Vanguard index funds and have about $400K invested. The funds have been returning a total of $20K a year for the past two years. My friend has invested about $110K in several aggressive funds that...

Ah, yes, I've read that book. Hello, Nords! What's the best subforum to share numbers, questions, etc?

Thanks for the clip. Love those old cartoons. I am planning out a trip to Chicago to attend a Cubs game at Wrigley this summer.

I missed Gumby's sticky 'Read this before you introduce yourself' at the top of the forum! I'm a 40 year old guy and am looking to retire from the military at age 43. I've been doing the mutual fund thing for all of my career but really have it all on autopilot. I'm not too saavy about bonds...

MBAustin, does VMLTX's interest get deposited in your bank account as cash? Is it on a monthly basis?

Yes, all of that was taken into account. I rather not depend on Medicaid especially if us kids can bear some of the costs in case parents' savings runs out. Thank you for the suggestion. I will add it to my list of considerations.

Options, thank you for those links. They provided informative and good reading.

Hello! Recently my brothers and I decided against purchasing long-term care insurance for the parents. We based our decision on the inflexibility of the policies and also mainly on the fact that the insurance companies will make things difficult for the benefactor to get payouts. So instead of...

Spanky and Senator, thanks for your suggestions!

I want to start contributing to a pot of money that I want to keep very liquid. I may tap into it anywhere between five to ten years from now for any type of expenses like down payment, health care, etc. What investment vehicles do you suggest I use?

Hello, everyone! Newbie here to the forum. Hoping to learn a lot from you all.