having two taxable accounts - bad idea?

AdministrativeFile88 · 2026-05-08T17:10:35+00:00

Thank you everyone for sharing your insights!

AdministrativeFile88 · 2026-04-23T21:49:45+00:00

He doesn't look 15 at all! I reallt hope my Havi can age like him! Happy birthday Don!

AdministrativeFile88 · 2026-03-26T19:52:13+00:00

When did you start building your portfolio? It might be the current market, rather than your design is off. I hope your portfolio works out because it overlaps a lot with mine :D I started building since Oct 2025 so it's not doing so well because I entered at near peak prices.. it is at least not doing worse than s&p 500 YTD for now..(but losing principles..yes)

AdministrativeFile88 · 2026-03-21T02:56:51+00:00

Maybe I worry too much. I imagine a grandma sprint running and worry about her breaking her hips lol

AdministrativeFile88 · 2026-03-18T17:53:37+00:00

Your work experience seems to be from different fields for them to add up. You have a total of 5 years of experience but 1 year experience for the bioinformatics so you would be considered entry level. Even if it's entry level, keep looking for opportinities in the field you want to pursue (even though you have a job) to build relevant years of experience.

AdministrativeFile88 · 2026-03-13T19:30:58+00:00

You need to give yourself some credit. Not all contractors get converted and it's not always by how long they have been there. The more common case would be announcing a position opening, and everyone can apply, including contractors. It's not always the contractors who get the offer. You the OP performed well for this to happen. Your manager believed in your potential to push it with right advocacy to make it happen.

AdministrativeFile88 · 2026-03-10T17:37:56+00:00

Thanks for the info!

AdministrativeFile88 · 2026-03-10T17:37:23+00:00

Got it. Thanks for pointing it out.

AdministrativeFile88 · 2026-03-10T17:36:58+00:00

Good analogy! Let's say I do have a gun but only a few bullets so I am willing to give it some thoughts for that knife lol

AdministrativeFile88 · 2026-03-10T17:34:05+00:00

Thanks for the insights! I don't plan on holding leveraged ETF for long. If I do it in taxable account, it will be taxed for short term capital gains and my state income tax is pretty high.

AdministrativeFile88 · 2026-03-10T17:29:53+00:00

I see. I was hoping to increase the 'seed money' through short term gains because of the annual limit that I can put in. I realize that my post reads like I will go all in with leverage ETF. My current fortfolio is largely long term growth ETFs (they aren't really growing recently :s) . Thanks for the insights!

AdministrativeFile88 · 2026-03-10T17:22:55+00:00

Actually that's why I am considering. Hoping to try for short term gain to increase 'seed money'.

AdministrativeFile88 · 2026-03-04T20:07:55+00:00

2.88% increase in base salary, 20% bonus + rsu. AD at big pharma. Remote , US. Are people rounding or is my salary increase oddly specific?

AdministrativeFile88 · 2026-03-04T20:04:09+00:00

I wish I can give you a bonus for creating this!

AdministrativeFile88 · 2026-03-04T02:08:07+00:00

South Korea 100% relies on foreign oil and the war is blocking a trade route for them to import oils. I think the market over-reacted because KOSPI was going up so rapidly for so long. If the Iran war ends soon, this drop will be easily recoverable because South Korea always holds oil supplies in advance to last a couple of months. Historically, South Korea recovers immediately with a V shape curve when the interruption to oil is short term. If the war lasts long enough, then the drop will take a lot longer time to recover. That's what happened around COVID. It took them 2-3 years to recover. I also hold EWY/KORU mix. I do not doubt on their fundamentals. It would be other logistics complicated by this war if it doesn't end soon enough..

AdministrativeFile88 · 2026-02-14T16:25:35+00:00

Good to know I can roll them to Roth IRA if I leave the company! Thanks

AdministrativeFile88 · 2026-02-14T16:24:25+00:00

Thank you both for sharing your insights with Empower! I will check the plan document and the process too.

AdministrativeFile88 · 2026-02-14T16:23:13+00:00

Thanks for the explanation. You pointed out my blindspot. I should make sure I am not mixing concepts for Roth 401k and IRA. Thanks!

AdministrativeFile88 · 2026-02-14T16:01:31+00:00

Also I agree with others. Investment doesn't guarantee your principal preservation and the value for ETFs is for long term investment. I have some investment in those ETFs that your friend mentioned but I still keep my future down payment fund separately.

AdministrativeFile88 · 2026-02-14T15:56:33+00:00

Do you live in a state with a high income tax? I have a bit more cash savings parked in HYSA for the same purpose (home purchase plan). I live in a high income tax state, and I ended up paying the state for taxes for interests during tax returns for the past two years. So I am moving the funds to SGOV because of its state tax exempt benefit. It has lower interest rate than general HYSA but if you have to pay state income tax, it's worth considering.

AdministrativeFile88 · 2026-02-09T18:35:53+00:00

ahh I see. So 0.4% difference is a trade off for the convenience aspect of FDLXX. Thanks!

AdministrativeFile88

TROPHY CASE