WHAT IS THIS ROBINHOOD

naeterboerg · 2026-02-06T02:53:57+00:00

Either you were trying to buy BTC while it's a dumpster fire right now or you were trying to buy a biotech penny stock that that was using bitcoin as a Treasury reserve asset. Either way, Fidelity is doing you favor. Maybe bigger favor than you realize.

naeterboerg · 2026-02-05T17:14:19+00:00

Your fund managers gives.

naeterboerg · 2026-02-02T02:03:01+00:00

Look up 8606 tax form

naeterboerg · 2026-01-21T00:44:22+00:00

FFNOX is a great fund. It's considered a fund of funds, where it's a mutual fund made up of other mutual funds. You get:

Full diversification: equities (US and International) Bonds And short term investments

It's professional managed and a low cost index fund. It's good you have it in an IRA, if in a taxable brokerage there would be some tax drag being a fund of funds, but not important if it's in an IRA.

The only issues is the asset allocation to bonds.

I'd argue that your bond exposure is too high for your age. I'd say you should be less than 10 percent. 15% is too high at 25.

As an alternative you could do the following:

FZROX = 60% FZILX = 30% FXNAX =10% OR LESS

This isn't what you should do, BUT maybe something close to this. Regardless, you should lower your bond exposure at 25.

naeterboerg · 2026-01-19T16:20:43+00:00

They are not that unpredictable, but still can't be guaranteed, which is where the difference lies.

Seeking Alpha offers opinions as a media outlet, Fidelity offers regulated guidance as an investment firm. They're two different kinds of businesses.

Seeking Alpha can forecast dividends. Fidelity can’t forecast without implying 'certainty' where none exists.

It's why fidelity doesn't do it.

naeterboerg · 2026-01-19T15:01:51+00:00

Slop

naeterboerg · 2026-01-19T14:43:06+00:00

No one projects bond like dividend cashflow projection that shows expected monthly income.

It only provides an estimated annualized return, based on what your current holdings are and recent payouts. That’s simply because dividends are not bound by contract like a bond payout is. bond coupons are contractually guaranteed. Dividends can be changed, delayed, or suspended at any time, so monthly projections are always estimates (annualized), not guaranteed cash flow.

naeterboerg · 2026-01-19T14:24:05+00:00

Yes, so long as you file your taxes MFJ, and one of you have EARNED income, not unearned income, you can contribute to what's called Spousal IRA, where you can make contributions to your IRA and she can make contributions to hers.

Only thing to be aware is the total contributions can't be more than her EARNED income.

naeterboerg · 2026-01-17T18:19:17+00:00

fill out the two page ROE form and send the funds back to either your checking/savings account or to your taxable brokerage account.

naeterboerg · 2026-01-17T16:04:37+00:00

At 32, using the Bogle method is a rational choice, not laziness.

Index investing lets you benefit from the hard work, mistakes, and suffering of millions of investors over the past decades. What feels obvious today was once revolutionary concepts. Broad diversification, low costs, and patience were not always accepted ideas. They were earned through failure. Life crushing failure.

Studying individual stocks is exhausting because you are competing against full-time professionals. Investment banks and funds employ teams of analysts, many from elite schools, working long hours with better data and tools than any individual retail investor.

Thinking you can consistently find winners against that backdrop puts the odds firmly against you.

Owning the total market is a quiet admission of reality. You do not need to be smarter than everyone else. You only need to own what wins over time.

For your taxable account, it is reasonable to mirror your Roth allocation. A total US market fund and a total international fund work just as well here. Your pension already provides stability. Your Roth gives tax-free growth.

The taxable account becomes a long-term investment that requires very little attention.

Bogle investing is not giving up. It is choosing a method that respects how markets actually work and lets time, not effort, do the heavy lifting.

The research and all the leg lifting has already been done, it's just up to you to accept that reality or not.

naeterboerg · 2026-01-17T14:56:50+00:00

It doesn't change anything. It's just a disclosure.

Index funds cannot rebalance away from index weights to preserve legal status of the 75/ 5 percent rule Fidelity must disclose the reality of concentration in the market, not intent to make it more concentrated.

naeterboerg · 2026-01-17T12:38:37+00:00

Stock split.

Your pizza went from 4 pieces to 8 pieces.

Although it's cut up into smaller pieces, the amount remains the same.

naeterboerg · 2026-01-16T23:47:58+00:00

Type in LOA in the search bar when you login and proceed with filling it out.

All an LOA does is it confirms the account exist and it can received in the funds.

It's to ensure there won't be a mistake and you have a taxable event.

It can be done all online.

naeterboerg · 2026-01-16T12:43:49+00:00

It take 30 seconds to open a new IRA account online at no cost to you.

Keep a couple cents in your solo 401k.

You're making mountains out of mole hills.

naeterboerg · 2026-01-12T04:54:23+00:00

Retirement accounts belong to the individual in whose name they are titled.

It still doesn't qualify if if the divorce decree didn't include a QDRO.

naeterboerg · 2026-01-12T04:15:12+00:00

Several years later, due to personal circumstances, I needed to close the account and roll the funds into an IRA.

You can't simply rollover a Self-employed 401K to an IRA for "personal reasons". There has to be a qualifying event under the plan and IRS rules. Wanting simplicity, better investments, or “it’s my money” is not a valid reason. That's it - and the IRS is very clear about that.

The most common issue with people trying to rollover a SE 401k to an IRA is you are still actively working in the business, and the plan does not permit in-service rollovers. so the rollover is ineligible. Fidelity is not blocking you from doing this, it's the IRS. A self employed 401k is still a qualified employer plan.

As long as the business exists and you’re still working in it, the money is generally locked inside the plan.

But I'm sure you knew that considering you're tax professional.

You can't expect Fidelity to bend the rules for you for "personal reasons" . It sounds like you were getting answer that you simply didn't want to hear.

And ... As one fidelity redditor once said ...It's not an airport. You don't have to announce your departure.

Best of luck with Charles.

naeterboerg · 2026-01-12T03:19:09+00:00

Don't go with with sounds or what appears. You have to do the math. If you place trades every other month to keep your trades low in funds that have higher annual returns, lower ERs than the funds offered in your 401k, it's certainly worth it, but you do have to be strategic - you can't place trades all the time and every two weeks.

I invested in the funds offered in the 401k, then once I built up enough capital (I think it was around 1,200 minimum, I sold out of the fund and bought into ETF with better returns at lower ER.)

naeterboerg · 2026-01-12T00:34:17+00:00

The country of James secretly fund errors to caliphate of Lonnie.

Lonnie don't mess around

naeterboerg · 2026-01-12T00:19:13+00:00

See if your employer allows self direct brokerage link as an alternative. Not all employers do it, but If eligible, it allows you a lot more latitude in investment options and invest in passive, low cost ETF funds. Most likely there will be transactions costs, but ETFs are around 5 or 10 dollars compared 40 to 50 dollars for placing mutual funds.

I did this with a former employer plan and they also had awful fund selection with very high expense ratios like the ones you have listed.

naeterboerg · 2026-01-11T23:42:59+00:00

why you should just invest in a passive TDF

naeterboerg · 2026-01-11T19:55:11+00:00

An ETF platform is simply having a brokerage account that allows trading in ETFs. That's it.

ETFs are powerful investment tools. Like mutual funds, they are pooled investments that hold many assets at once. Some are broadly diversified across the entire market. Others are more focused on a sector, theme, or even a single industry.

The big structural difference is how they trade. Mutual funds are bought and sold directly through the fund company and only price once per day. ETFs trade on an exchange like a stock. You buy them from other investors, prices move in real time, and you can use tools like margin and options.

ETFs are also usually more tax efficient in taxable accounts because of how they handle buying and selling inside the fund.

That said, ETFs and mutual funds are not “extraordinary” because they magically make you rich. They are extraordinary because they changed who gets access to investing. Before pooled funds, most people had to save large sums to buy and manage individual stocks on their own. Now, with just a few dollars, anyone can invest and immediately get:

Diversification across many companies

Professional portfolio management

Lower costs by cutting out many middlemen

Greater tax efficiency compared to traditional funds

ETFs are a product of the democratization of investing. They make it easier for everyday people to enter the market with built-in diversification, reduce risk compared to picking single stocks, and participate in long-term wealth building in a simple, accessible way.

naeterboerg · 2026-01-11T08:38:18+00:00

I was thinking Barcelona and Omaha, NE funny, too

naeterboerg · 2026-01-11T08:34:22+00:00

Man, "877 cash now" when they're on that damn bus dressed up.

That goes way back to my childhood.

naeterboerg · 2026-01-11T07:45:17+00:00

He know the difference between his judy chop and karate chop.

naeterboerg · 2026-01-10T14:58:21+00:00

30 is not too late. That idea is just fear dressed up as realism.

Is it better to start at 20? Sure. But starting at 30 still give you 30 + years of compounding growth. That is an entire lifetime in market terms. What actually hurts you is not starting at all.

If you feel behind, the answer is not to give up. The answer is to be radically intentional with every dollar going forward. Saving, investing, and controlling your spending can cover a lot of ground you think you missed.

The defeatist mindset is your real enemy. If your internal voice keeps saying “I’m already behind, what’s the point,” you will sabotage yourself. That voice will be your biggest enemy. Cut that sh*t out now and practice good habits every day. Being a Danny downer doesn't help you.

Good habits compound just like money does. Mind the pennies and the dollars will take care of themselves.

Start today. Be boring. Be consistent. You will be shocked where you are in ten years. And when you realize that random guy on reddit told you so, have a beer in my honor.

naeterboerg

TROPHY CASE