No video :(

How to Invest When You Have Multiple Investment Accounts

Подписаться 217 тыс.

Просмотров 24 тыс.

50% 1

Must investors have multiple accounts. These may include 401(k) and 403(b) accounts, any number of IRAs, taxable accounts, and even HSAs. Multiple accounts raise an important question. Should you implement you replicate your asset allocation plan within each account or just make sure your portfolio as a whole matches your investment plan?
In this video will cover the following:
0:00 How to Invest With Multiple Accounts and Account Types
1:00 Simplicity
1:50 Investment Tracking Spreadsheet
2:30 Investment Options
3:15 Taxes--Asset Location
5:00 After-Tax Asset Allocation
Join the newsletter: robberger.com/...
------------
Video Resources
------------
Investment Tracking Spreadsheet: robberger.com/...
Ben Felix on pre and post-tax accounts: • Pre VS After Tax Asset...
Asset Allocation and
Asset Location Decisions Revisited: www.efficientfr...
Bogleheads Wiki: www.bogleheads...
------------
Investing Tools
------------
My Book (Retire Before Mom and Dad): amzn.to/2MsRJ9B
Personal Capital (Investment Tracking, Retirement Planning): robberger.com/...
New Retirement (Retirement Planner): robberger.com/...
Stock Rover: robberger.com/...
M1 Finance $30 Bonus (IRA & Taxable Accounts): robberger.com/...
------------
Credit Cards & Banks
------------
My Favorite Credit Cards: www.allcards.c...
My Favorite Online Banks: www.allcards.c...
------------
Popular Videos
------------
1️⃣ How to Create a 3-Fund Portfolio: • How to Create a 3 Fund...
2️⃣ How I Manage 28 Accounts in One App: • How I Manage 28 Financ...
3️⃣ 7-Step Financial Checkup: • A 7-Step Annual Financ...
#assetallocation #investing #robberger
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (amzn.to/3by10EE)
LET'S CONNECT
RU-vid: / @rob_berger
Facebook: / financialfreedomguy
Twitter: / robert_a_berger
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

Опубликовано:

15 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 62

@rob_berger Год назад

With after-tax asset allocation, one thing I didn't mention is that it could cause you to "rebalance" when your expected future tax liabilities change. This could happen when tax laws change, your marital status changes, or financial plans change in way that affects your tax liability. Another reason I'm not a fan of after-tax asset allocation.

@thoryan3057 Год назад

Another thing to consider, at least from the perspective of Mark Zoril's podcast on dividing allocations by percentages of 20 increments (episode 8), is that the overall risk and reward profile between doing a before-tax asset allocation and an after-tax asset allocation is probably indistinguishable anyway.

@trevorpennington924 Год назад

Rob had 4 cups of coffee before recording 😂

@lonelinessholder Год назад

Somehow I felt like the audio speed is at 1.25x 😄

@guanafd Год назад

it is sped up

@joshuakelly9743 Год назад

Yeah I checked my settings and they were normal

@user-jy7yw5kw3w Год назад

Yup put it on .75 and it’s normal 😂

@polymath5119 Год назад

Ayep, changed to .75x Holy smokes.

@kw7292 Год назад

I just thought Rob was trying to finish quickly so he could get to the food

@Omar-et7sb Год назад

Great as always! At a macro level, I track my overall AA in a spreadsheet to broadly know what my US, EX-US and Fixed Income slices look like. That said, I treat my Tax-Deffered, Roth and Taxable accounts as "individual" portfolios. That's because each one has a different objective AND a different time horizon.

@alphamale2363 Год назад

With investing, don't let the perfect be the enemy of the good. Glad I had never heard of after tax asset allocation.

@happytravels2480 Год назад

We have 7 different accounts. I allocate account by account. I no longer worry about having tax inefficient funds in our taxable account. We use that account as an emergency fund or an early retirement fund. I want that fund to produce income. Income we may need to access before our official retirement age or if one of us were to lose a job. These are factors never considered when considering investing in a taxable account. Everyones situation is different, so I don’t think it’s always a bad idea to have Reits, Bonds, MLP’s, BDC’s, etc, in a taxable account. I don’t care that I’m getting taxed a bit more. I have 6 other funds for growth. I want our taxable account to produce income if I need it. Our taxable can now cover our mortgage payment if need be, and that’s a great feeling.

@thoryan3057 Год назад

Currently, I do not own any bonds. For now, I plan to keep the asset allocation the same across all accounts (80% U.S. Equity and 20% International Equity). When I do start to include bonds a decade from now or later, I'm thinking of keeping the same International Equity allocation across all accounts so that I have *some* indicator of knowing when my asset allocation is out of line at least from the perspective of International Equity. I'll have more U.S. Equity in my Roth and have more Bonds in my traditional accounts.

@philruehlen Год назад

Another great video Rob. I have been using your spreadsheet for 6+ months. Great tool!

@davidrogers0717 Год назад

Thanks Rob for this video. We too have multiple accounts (401(k), HSA, Roth, ..ect) and it can get crazy trying to manage it. I do use Personal Capital and that helps a lot!

@JosephDickson Год назад

My first step is to rollover and or merge my traditional IRA accounts. Keeping my number of separate accounts down minimum. Ideally one for each type.

@JR49300 Год назад

Rob the speed of this video isn’t right … great info however . Thank you

@CalKidWilly Год назад

Thanks Rob! Helpful. I appreciate your focus on practical, real-world issues in your topic choices, such as this one. I've used your allocation spreadsheet for years and I agree it is one of the best tools for managing a swath of different accounts. - Bill

@02brentmurphy02 Год назад

Thanks Rob, another informative video. I'll look over your spreadsheet to make sure I'm on the right track.

@noveltyrobot Год назад

Love you Rob, or should I say... "The Professor"

@joecocklin8596 Год назад

I'm 62 and have never been able to start a Roth IRA. Should I do the conversion or not? It seems like a lot of work for still having to pay taxes now vs. a few years from now. I can't seem to find a video from you on that topic. Anyways, thanks for all you do. It's very informative.

@rob_berger Год назад

The conversion itself is very easy. The hard part, at least sometimes, is figuring out if a conversion makes sense from a tax perspective.

@newbeginnings9457 Год назад

I have 3 Accounts! 1 Roth not contributing $700 1 time, 2 Roth contributing $200 month, 3 Regular IRA $100 month and largest account! Everything is low cost including Zero cost acct! It’s tough to keep track because I also try to buy Crypto! I need to simplify!

@kw7292 Год назад

Timely! Thank you for what you do.

@ksgtokgo Год назад

Good info. After-tax allocation always sounded like a lot of work based on a big guess. I've never been inclined to try it. Now I am sure. (I checked to see if my play back speed was turned up. It wasn't. Hmm.)

@supersteve8305 Год назад

It all can get a bit overwhelming if you allow it to. The only thing I really try to do, is keep any REITS or REIT ETF's in my Roth account (for tax reasons).

@butopiatoo Год назад

Too confusing. Future tax rates not generally known. Highest expected rates or return/appreciation in a ROTH, everything else probably doesn't make much difference.

@Danie651 Год назад

You're so correct! Save, invest and spend for necessities

@MichaelToub 4 месяца назад

Great Video!

@tab_nebraska235 Год назад

Very interesting, I hadn't ever thought of After-Tax Asset Allocation. Thanks Rob. Happy Thanksgiving

@rhodanstarshiptitanic1194 Год назад

Is it just me or is Rob especially speedy today?

@stephtraveler7378 7 месяцев назад

great content and tips. I remember the threats of Schwab going belly up last summer or the Metlife annuity failures in the 1990s.... I actually use more than one broker... yeah, not as simple, but a little insurance.

@vandematram8205 Год назад

Thank you Rob.

@Joy11009 11 месяцев назад

Have 2 roth Ira accounts one is a current for high yield savings apy, like Amex Roth Ira, the other one roth Ira is investing in stock market. So one is more conservative without being based on any stocks bonds etc. And the other relies on stock market etc and mutual funds etc.. hopefully I’m doing it right lol.. oh goal is max allowed of $6500 a year between the two 50/50.

@chriswiltshire613 9 месяцев назад

In terms of rebalancing a taxable account wouldn't it make more sense to just add assets to the 'losers' instead of creating a taxable event by selling the 'winners' to fund the 'losers'?? Assuming you are committed to that allocation..

@mehawinct Год назад

@Rob Berger seems to have uploaded the video sped up, somehow... You can do Custom playback speed, .85 seems to be the closest to Rob's normal speaking cadence.

@HB-yq8gy Год назад

What happens if you decide to do some Roth conversions then the market stays flat or goes Japan sytle? Maybe Trumps Tax 2026 sunset never happens? Thanks, Rob. I got to say that Personal Capital makes it easy to track all accounts as one portfolio. Before it was impossible.

@ReesesPieces81 Год назад

My playback speed is normal but it seems your video is at about 1.25X speed. Or it's just very glitchy, not sure but there's something definitely going on.

@cindyblomker7251 2 месяца назад

No MORE COFFEE FOR YOU!!!

@Lukionest Год назад

Looking at your Best Investment Tracking Spreadsheet, I was wondering what the word is in cell H3 on the By Asset Class tab. I've never heard of the word "Reblance", but I guess it means to "blance" more than once. Now if I only knew how to blance my assets, I'd be in good shape, but frankly it sounds kind of perverse. ;-)

@nicholasmartinez6043 Год назад

Rob sounds like he found his inner Ben Shapiro

@jsilverback3795 Год назад

You sure were talking fast?

@okrajoe Год назад

Now I don't feel so bad for having funds scattered across 4-5 retirement accounts!?!

@evanhughes9576 Год назад

Did you speed up this video? After reducing the speed to 0.75X it sounds like a normal speaking cadence.

@scott1441 Год назад

Why complicate yourself with so many accounts? At the most, three accounts are all you need - IRA, 401k and a broker account. He needs to consolidate-that should be the recommendation

@harrychufan Год назад

HSA, 529, charitable account

@thoryan3057 Год назад

I might go my whole life without having a taxable broker account, actually. Depends how successful I am in my career and salary growth. By the time I put enough money toward my Roth, HSA, 401k, and Savings account (for short term

@akwolf1434 Год назад

Maybe the wife has (3) of those accounts.....the wife working is a novel concept you know....😉

@polymath5119 Год назад

Yeah, not possible to merge my three retirement accounts and my wife's three retirement accounts. And Rob's example case included a spouse.

@johngill2853 Год назад

How can I have one IRA account, I have both ROTH and traditional?

@kimappreciateslife Год назад

Good info, however you talking at such a fast speed. Made me anxious & could not absorb what you’re saying. Like the Road runner on RU-vid.

@polymath5119 Год назад

We treat all accounts as one portfolio and use a modified version of the Rob Berger fund tracking spreadsheet to manage them and pre-test allocation changes. The Google ticker references all had to be removed after Google started terminating their feeds.

@sica9 Год назад

I started using one platform to follow VOO. Then I started to use another platform. So, now I have two accounts following the VOO. My question is if using both platforms (with same amount of money) will have the same benefits of the compound interest compared to using one account. I'm not sure about this. Any advice? Thanks to the community

@kevinlease2990 Год назад

video speed must be accelerated or you drank too much coffee ;)

@nullhill6486 Год назад

Might want to back off on the hot yoga, Rob. You sound manic in this one

@davidmclifton1 Год назад

Disliked it because sped up and awkward to watch. Eventually got through it by setting it to 0.75x speed.

@dmsoundcollective6746 Год назад

Great video Rob, but can you please talk slower and not rush through things.. it sounds like your trying to say everything in 3mins

@polymath5119 Год назад

This speed is so far out of his norm that i suspect a playback-speed mistake was made when he processed the video before uploading it. If you click the gear icon ⚙ for the video you can change playback speed to .75x.