Comments on: Where To Invest When You’ve Maxed Out Contributions To Retirement Accounts http://www.doughroller.net/investing/where-to-invest-after-401k-or-ira/ Money Management and Personal Finance | The Dough Roller Sun, 12 Feb 2012 23:24:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: nate http://www.doughroller.net/investing/where-to-invest-after-401k-or-ira/comment-page-1/#comment-19634 nate Wed, 28 Apr 2010 10:54:06 +0000 http://www.doughroller.net/?p=10700#comment-19634 pay off any non-deductible debt. No better returns than that! pay off any non-deductible debt. No better returns than that!

]]> By: Chris http://www.doughroller.net/investing/where-to-invest-after-401k-or-ira/comment-page-1/#comment-16907 Chris Thu, 14 Jan 2010 17:27:47 +0000 http://www.doughroller.net/?p=10700#comment-16907 There's always Health Savings Accounts and 529 plans. Employers who limit employee contributions are doing a HUGE disservice to them. When mine did that, I would contribute the rest to HSAs and 529s up to the aggregate total of what I could put into a 401(k) (16,500) and/or Roth IRA (5,000). You'll probably need an HSA and 529 someday anyway! There’s always Health Savings Accounts and 529 plans. Employers who limit employee contributions are doing a HUGE disservice to them. When mine did that, I would contribute the rest to HSAs and 529s up to the aggregate total of what I could put into a 401(k) (16,500) and/or Roth IRA (5,000). You’ll probably need an HSA and 529 someday anyway!

]]> By: Evolution Of Wealth http://www.doughroller.net/investing/where-to-invest-after-401k-or-ira/comment-page-1/#comment-16813 Evolution Of Wealth Mon, 11 Jan 2010 14:20:47 +0000 http://www.doughroller.net/?p=10700#comment-16813 What are you thoughts on ETFs or index funds from a tax management perspective? Shouldn't these enter the conversation, at the very least, for their low turnover rates. Most people don't realize that sometimes the biggest taxes can be cause by mutual funds in down markets. People tend to act irrational and cash out of investments in a down market. The mutual fund needs to sell within the fund to meet redemptions and thus, taxes are usually created even though the fund might be down for the year. From stock perspective, how about DRIPs? Then you probably shouldn't forget properly funded cash value life insurance. Tax deferred growth with tax free withdrawals, can't complain about that. I should stress properly funded because this is where most people really mess up life insurance. Unfortunately, it's usually the insurance guy that leads the charge for messing up the policy. What are you thoughts on ETFs or index funds from a tax management perspective? Shouldn’t these enter the conversation, at the very least, for their low turnover rates.
Most people don’t realize that sometimes the biggest taxes can be cause by mutual funds in down markets. People tend to act irrational and cash out of investments in a down market. The mutual fund needs to sell within the fund to meet redemptions and thus, taxes are usually created even though the fund might be down for the year.
From stock perspective, how about DRIPs?
Then you probably shouldn’t forget properly funded cash value life insurance. Tax deferred growth with tax free withdrawals, can’t complain about that. I should stress properly funded because this is where most people really mess up life insurance. Unfortunately, it’s usually the insurance guy that leads the charge for messing up the policy.

]]> By: Jon http://www.doughroller.net/investing/where-to-invest-after-401k-or-ira/comment-page-1/#comment-16709 Jon Wed, 06 Jan 2010 19:58:13 +0000 http://www.doughroller.net/?p=10700#comment-16709 Thanks for explaining that the best place to open an account to buy mutual funds is with the fund company. Especially with Gen Y, I feel that most are familiar with the basic uses of discount brokerages, but that's as far as it goes. I still never ceased to be amazed by how much people think about retirement though- after being abroad a number of times, I've gotten used to seeing people live day to day, month to month. Not bad or good- just an observation I guess... Thanks for explaining that the best place to open an account to buy mutual funds is with the fund company. Especially with Gen Y, I feel that most are familiar with the basic uses of discount brokerages, but that’s as far as it goes.

I still never ceased to be amazed by how much people think about retirement though- after being abroad a number of times, I’ve gotten used to seeing people live day to day, month to month. Not bad or good- just an observation I guess…

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