Search found 1439 matches

by BolderBoy
Tue Jul 28, 2015 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: am i doing everything to minimize my AGI?
Replies: 15
Views: 1931

Re: am i doing everything to minimize my AGI?

Hi bolderboy - no her stipend isn't tax-exempt. see my other responses to the same question earlier this am. It has been >40 years but I got an educational stipend when I went to grad school. At the time the first $XXXX was exempt from all taxation and the rest taxable (mine was so small it was all...
by BolderBoy
Tue Jul 28, 2015 9:47 am
Forum: Investing - Help with Personal Investments
Topic: daughter's college fund
Replies: 2
Views: 500

Re: daughter's college fund

My daughter will have $35,000 in her college fund when she is done with her degree. What type of investment would you recommend for her. This will be dedicated for retirement only. She is 20 years of age What type of college fund is it? 529? Plain old savings account? When you say, "dedicated ...
by BolderBoy
Tue Jul 28, 2015 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Taxable income computation by Vanguard
Replies: 25
Views: 1086

Re: Taxable income computation by Vanguard

$100k - total VTSAX holdings $40k - unrealized capital gains 40% - the percent of capital gains (40k/100k * 100%) $30k - sold TSM holdings $12k - reported long term capital gains (30k * 40%) 1. Are my calculations correct? Yes, allowing for it being a rough estimate. I moved out of my taxable posit...
by BolderBoy
Mon Jul 27, 2015 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: am i doing everything to minimize my AGI?
Replies: 15
Views: 1931

Re: am i doing everything to minimize my AGI?

My wife gets neither 1099 nor W2 (as she is neither a contractor nor an employee. She just gets a paycheck without any withholdings. I have to true up/pay estimated taxes....which i tend to take up in latter part of the year) I have 401k accounts with both Vanguard and Fidelity and they were my cho...
by BolderBoy
Mon Jul 27, 2015 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to anyone else when logging onto Vanguard?
Replies: 8
Views: 866

Re: Does this happen to anyone else when logging onto Vanguard?

Bogle101, I just alerted Vanguard. I'll keep you alert, but I am a software developer, and was able to recreate the issue. They do pay attention. The week before the last BH conference I stumbled on a website bug related to changing your username (more complicated than changing your password) - str...
by BolderBoy
Mon Jul 27, 2015 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 34
Views: 2772

Re: Need a Piece of Evidence on the Boglehead Strategy

I received some very thoughtful responses to a question I asked last time about moving mine and my wife's portfolio from an adviser that charges a 1% fee to Vanguard. This person also I'm just finding out has us invested in funds with a load of 5.75% on average For the moment, ignore the 5.75% upfr...
by BolderBoy
Sat Jul 25, 2015 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Regarding expense ratios
Replies: 4
Views: 405

Re: Regarding expense ratios

I am the custodial manager for the various IRA tax deferred accounts owned by myself and my wife at Vanguard. I would like to convert all we both have to the Three Fund Portfolio by Taylor Larrimore. My question is regarding ER would it be more expensive to put all her money in the TFP and all my m...
by BolderBoy
Thu Jul 23, 2015 10:48 pm
Forum: Personal Consumer Issues
Topic: How to pay taxes on blog income?
Replies: 53
Views: 3691

Re: How to pay taxes on blog income?

If someone hasn't suggested it yet, Victoria, do this to make your quarterly tax filings easier. Apply for an account with these folks:

<https://www.eftps.gov/>

Your state likely has a similar way to do this electronically.
by BolderBoy
Thu Jul 23, 2015 10:42 pm
Forum: Personal Consumer Issues
Topic: How to pay taxes on blog income?
Replies: 53
Views: 3691

Re: How to pay taxes on blog income?

Not reporting all your expenses is tax fraud just as much as not reporting all your income. This is very amusing but not correct. If there is a dispute with the IRS, it has to prove your income is different than what you reported. You only need to prove the expenses that you claim against income. N...
by BolderBoy
Tue Jul 21, 2015 2:11 pm
Forum: Personal Consumer Issues
Topic: Whole House Fan with Simple Automation
Replies: 12
Views: 1251

Re: Whole House Fan with Simple Automation

I have heard great things about whole house fans to help suck in the cool air and displace the hot air in the mornings and evenings, I would like to install one but I have a few questions that some of you may be able to answer: The fans at Home Depot or Lowes seem to have two settings, high and ver...
by BolderBoy
Tue Jul 21, 2015 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: New investor hammering out details of plan
Replies: 7
Views: 771

Re: New investor hammering out details of plan

Plan C Use Extended Market Index in IRA for total stock market completion Avg ER:0.619% *401k: S&P500 58%, international 9%, bonds 10% *IRA: international (VGTSX) 9%, extended market (VEXMX) 14% +Covers highest number of domestic stocks ~4200 -Highest expense ratio 3. Given vanguard's 3k minimu...
by BolderBoy
Tue Jul 21, 2015 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Advice Sought in International Fund Choice
Replies: 24
Views: 1357

Re: Advice Sought in International Fund Choice

One more question! I remember there being something about recovering taxes paid on foreign investments. Does this mean that it matters which account I use to hold the international fund? Taxable Roth IRA traditional IRA If it makes a difference I am just bumping up against the 25% bracket and takin...
by BolderBoy
Tue Jul 21, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Help me beat the mortgage company
Replies: 21
Views: 3827

Re: Help me beat the mortgage company

Lafder, My trusty spread sheet has computed these percentages: Taxable account at Vanguard: (fund, ER, % of total portfolio) VUSXX Vanguard Admiral Treasury Money Market Fund 0.09% 10.6% VDIGX Vanguard Dividend Growth Fund 0.31% 1.3% VEIRX Vanguard Equity Income Fund Admiral Shares 0.21% 4.4% VMFXX...
by BolderBoy
Tue Jul 21, 2015 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Advice on moving holdings to Vanguard Personal Advisor Services
Replies: 9
Views: 910

Re: Advice on moving holdings to Vanguard Personal Advisor Services

So I might summarize the good advice you are getting, like this. You have only 3 main issues to consider; cover them and you've done >90% of what good investing is all about: Asset Allocation (ratio of stocks to bonds, eg 70/30) Diversification (wider is better) Costs (lower is better) Sounds like y...
by BolderBoy
Tue Jul 21, 2015 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Redoing All Finances - Advice Would Be Awesome!
Replies: 24
Views: 2121

Re: Redoing All Finances - Advice Would Be Awesome!

We likely won't qualify for any Roth IRA contributions this year, and as a result we will be investing between $1,000 and $3,000 a month into taxable funds. Have you heard of the "backdoor Roth". Look in the forum wiki - it is explained how to do it. I am not as risk averse. The key word ...
by BolderBoy
Tue Jul 21, 2015 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Need help reinvesting.
Replies: 4
Views: 378

Re: Need help reinvesting.

Mosesdman wrote:My wife is a physician and there are grants available to her that cover student loan repayment/forgiveness, so I think that is fairly realistic. Interes rate on my loans is 6.55.

Okay. In that case I'd be sure to 86 your student loans. It is akin to getting a 6.55% return on the payoff.
by BolderBoy
Tue Jul 21, 2015 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3400

Re: Inexperienced Trustee

The Daughter wrote:Due to the inevitable, I am now trustee of my parents' life savings. The trust says that the principal is to be invested conservatively to earn at least 6%.

Color me paranoid but what legal exposure do you have personally for accepting what is likely to be an impossible-to-fulfill trust requirement?
by BolderBoy
Mon Jul 20, 2015 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Is this unethical behavior by employer (job question)
Replies: 14
Views: 1797

Re: Is this unethical behavior by employer (job question)

KyleAAA wrote:Without much detail to go on, I'd say it doesn't sound like anything unethical or outrageous is going on.

Agree with this. Time to move on, though - who wants to work for an employer that doesn't want them anymore?
by BolderBoy
Mon Jul 20, 2015 7:54 pm
Forum: Investing - Theory, News & General
Topic: Emergency boglehead evangelist kit?
Replies: 19
Views: 2077

Re: Emergency boglehead evangelist kit?

I would avoid pitching Vanguard as that is advocating a particular vendor, and stick to educating the person on the need for providing access to low cost index funds in the 401k. In other words, you as an employee have a right to fulfill your investment goals with the best selection of funds to do ...
by BolderBoy
Mon Jul 20, 2015 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice for Retiring Couple
Replies: 6
Views: 741

Re: Portfolio Advice for Retiring Couple

Questions: 1. I am not so interested at this time in target type funds. Can you suggest low cost index funds to cover large, mid and small cap equities equally (50%) and then fixed income products (bond funds or otherwise) for the remaining 50%. 4. Perhaps one of the most crucial pieces of advice I...
by BolderBoy
Mon Jul 20, 2015 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Need help reinvesting.
Replies: 4
Views: 378

Re: Need help reinvesting.

Our combined income is around $295 to $350k a year. But we both have significant student loans. I about 50k and she has 100k we think she might be able to Get her loans paid off by the govt so we are not aggressively trying to pay hers off. This is/are very general suggestion(s). How much is the in...
by BolderBoy
Thu Jul 16, 2015 2:30 pm
Forum: Personal Consumer Issues
Topic: Need 'secure' flash drive(s)
Replies: 15
Views: 1159

Re: Need 'secure' flash drive(s)

The data on the drive would contain confidential information. if the drive were lost/stolen, we would not want someone unauthorized to be able to access the information. You can: 1) encrypt the data 2) encrypt the drive 3) encrypt the data and the drive. If you are handy with the various *nix OSes ...
by BolderBoy
Wed Jul 15, 2015 12:53 pm
Forum: Personal Consumer Issues
Topic: At some point in time, is your beater worth it? [car]
Replies: 30
Views: 3227

Re: At some point in time, is your beater worth it?

Well, as Dave Ramsey says, you drive like no one else (beater) so that later on you can drive like no one else (Beemer). So at some point any car will become a drag, ie the inconvenience of repairs, costs of repairs etc exceed the advantages of driving a cheap car. At that time it is time to upgrad...
by BolderBoy
Wed Jul 15, 2015 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Review - 29 & 28 Year Old Married Couple
Replies: 14
Views: 1827

Re: Financial Review - 29 & 28 Year Old Married Couple

You are doing well to start so early.

I'd bump the emergency fund up to $50k as suggested by the other poster.

For the non-retirement excess I'd be looking at a California-specific (you are in CA, right?) tax-exempt bond fund + VG's total stock market index.
by BolderBoy
Wed Jul 15, 2015 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding Emergency Fund
Replies: 9
Views: 556

Re: Question regarding Emergency Fund

My plan allows me to borrow funds from the 401K at a very reasonable rate that I am ultimately paying back to myself. Our careers are very stable and our health is great, so I don't foresee a time when I would need to do this, but in my mind, this is my Emergency Fund. We don't know much about you,...
by BolderBoy
Mon Jul 13, 2015 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Grown Children as beneficiaries
Replies: 33
Views: 3219

Re: Grown Children as beneficiaries

Everyone has to get through life in his/her own way. I'd make the split equal to lessen the chances that any beneficiary would sue the estate, tie it up for years and lose a lot to lawyers. From your OP, it is clear that your feelings are being conveyed to the two oldest. Best to not get involved in...
by BolderBoy
Sun Jul 12, 2015 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: In-laws not saving for retirement -- help!
Replies: 47
Views: 6505

Re: In-laws not saving for retirement -- help!

What should I do? Is there anything I can do? Save yourself (selves, if your wife is on the same page with you). Do the in-laws live in a different state? If not, do you know what the filial support laws are like in your state? They live in a different state. Then you are probably safe. In a PA cas...
by BolderBoy
Sat Jul 11, 2015 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Individual 401K
Replies: 45
Views: 1970

Re: Individual 401K

3. How do I determine how much I can contribute? I believe I can put in 20% of my 1099 income: "For a Sole Proprietor it is 20% of self-employment income " - I read that somewhere, but please correct if wrong. If so, should I be just take what comes in monthly and put away 20% each month ...
by BolderBoy
Sat Jul 11, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: In-laws not saving for retirement -- help!
Replies: 47
Views: 6505

Re: In-laws not saving for retirement -- help!

financial.freedom wrote:What should I do? Is there anything I can do?

Save yourself (selves, if your wife is on the same page with you). Do the in-laws live in a different state? If not, do you know what the filial support laws are like in your state?
by BolderBoy
Sat Jul 11, 2015 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Cost Basis with DCA
Replies: 13
Views: 670

Re: Cost Basis with DCA

Aside from the positions on DCA, is there thoughts on cost basis? A wiser person than I suggested to just go with average cost since there will come a time when feebleness will make it tough to keep track of the other methods and how to use them. If you nest egg is big enough, the difference betwee...
by BolderBoy
Thu Jul 09, 2015 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: [Trust beneficiary - Adviser not acting in best interest, investments]
Replies: 14
Views: 1226

Re: Low returns w/ adviser in Massachusetts question

... lost a significant amount of money in 2008-2009 and since that time we have been seeing low returns. Low as in 2 to 4 percent. 4 percent last year ( 2014 ) being the highest returns since the financial crisis. Your trust questions are above my level of knowledge, but here is something to think ...
by BolderBoy
Wed Jul 08, 2015 10:24 am
Forum: Personal Consumer Issues
Topic: Car totaled now what?
Replies: 14
Views: 1437

Re: Car totaled now what?

One step at a time. Usually does not pay to have two cars, one for each season and one sitting idle all the time. The $$$ saved in 30mpg vs 20mpg gas situation vis-a-vis getting another car so one can sit idle is trivial, if not a money losing proposition. Better to use the 4Runner as your prime veh...
by BolderBoy
Wed Jul 08, 2015 10:02 am
Forum: Personal Consumer Issues
Topic: kitchenaid vs. bosch dishwasher
Replies: 61
Views: 3228

Re: kitchenaid vs. bosch dishwasher

For those with a Bosch, any problems with dishes being wet (more than just damp) at the end of the cycle? And any problems with dishwasher odor (another potential manifestation of a non-heating element)? Bosch owner here for the last 12 years - one repair; a pump failed after 1 year. My Bosch does ...
by BolderBoy
Wed Jul 08, 2015 9:23 am
Forum: Investing - Help with Personal Investments
Topic: 26 year old moved to US 2 years back - need guidance in starting up in investing
Replies: 11
Views: 815

Re: 26 year old moved to US 2 years back - need guidance in starting up in investing

dsinha wrote:Objective 1: 1MM+ retirement account by 40 (about 13 years from now)

This is unrealistic from your current starting place.
by BolderBoy
Tue Jul 07, 2015 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Physician with salary/401k question
Replies: 10
Views: 1892

Re: Physician with salary/401k question

Note that once you have 250K in a solo 401K you have to fill out a 5500 EZ form. That information is accessible by the public. Yes it is accessible, but a change was made to make it tougher for "the public" to find. The public has to know exactly what they are looking for in sufficient de...
by BolderBoy
Tue Jul 07, 2015 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice on Windfall Inheritance
Replies: 9
Views: 1610

Re: Seeking Advice on Windfall Inheritance

If you are planning to use the windfall to buy the property described in the Bay area, you'll be using all of it and still be needing a mortgage. And if that is all planned within the next five years, then you do NOT want to invest that money as five years is a very short time in the investing world...
by BolderBoy
Mon Jul 06, 2015 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 31
Views: 3725

Re: retiring by end of year, maybe sooner

jcar wrote:Monthly expenses 6k.

So you'll need over $100k (including taxes) each year? Hmmm. Knowing that, I'm not sure. What does FIREcalc.com tell you?
by BolderBoy
Mon Jul 06, 2015 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Re: Advice on Whole Life Insurance as part of retirement portfolio
Replies: 40
Views: 1423

Re: Advice on Whole Life Insurance as part of retirement portfolio

Thanks for the replies all. Afraid I've not yet been convinced to drop my investigation. I think there are broad assumptions being made about all cash value life insurance that don't apply if you look for the right policy. Why are these insurance agents and companies pushing WL policies and not ter...
by BolderBoy
Mon Jul 06, 2015 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Investing lump sum
Replies: 25
Views: 1980

Re: Investing lump sum

The issue is going to go thru the goose the same as grease. The majority of the issue of Greece is already built into the markets going forward. Most people were expecting Yes to win or that there was a 50% chance Yes would win. Few people expected this result. So I'm not sure it was fully built in...
by BolderBoy
Mon Jul 06, 2015 8:09 am
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 31
Views: 3725

Re: retiring by end of year, maybe sooner

If the OP can't make it work, based on the info he presented and what we know now about the tax structure and can assume about how he controls spending (to have gotten where he is), then having millions more isn't going to help him much. I think you mis-read my message. Of course the poster can mak...
by BolderBoy
Sun Jul 05, 2015 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Physician with salary/401k question
Replies: 10
Views: 1892

Re: Physician with salary/401k question

I am a physician who works in a private practice group. All of the physicians in the practice formed their own S corp. As such, I am the sole owner and employee of my corporation. The practice itself is also a corp. As a practice, we contract with hospital(s) to provide services. Recently, within t...
by BolderBoy
Sun Jul 05, 2015 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 31
Views: 3725

Re: retiring by end of year, maybe sooner

So I guess I don't agree about this being a slam dunk, but it might be depending on things we don't know. And it might be something you can improve considerably depending on how you have things now. Agree. Without significant analysis, not clear. Most of investments are in IRA so not taxed yet. Dep...
by BolderBoy
Sun Jul 05, 2015 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Investing lump sum
Replies: 25
Views: 1980

Re: Investing lump sum

This is not market timing per se... Sure it is. But I don't fault you for it. I would put half in right away and the rest later. I agree with Call_Me_OP. It is market timing and it is your choice to do so. Personally, I'd do (and have done) the entire lump sum at once, per your plan. Ignore Grease....
by BolderBoy
Sun Jul 05, 2015 11:07 am
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 31
Views: 3725

Re: retiring by end of year, maybe sooner

jcar wrote:Of the above about 200k is in savings at a guaranteed 3%


Where is this being held?

I think you are a slam-dunk at this point. Do a 3-fund portfolio a la "the forum wiki" and enjoy.
by BolderBoy
Sun Jul 05, 2015 11:03 am
Forum: Investing - Help with Personal Investments
Topic: How important is my remaining tax deferred space?
Replies: 12
Views: 937

Re: How important is my remaining tax deferred space?

SandDollar wrote:The vast majority of my retirement plan is tied to my future pension (22 yrs vested and at 60 will take home ~90% of my salary).

Is that guaranteed and nothing can possibly change it between now and then?
by BolderBoy
Sun Jul 05, 2015 10:59 am
Forum: Investing - Help with Personal Investments
Topic: I feel restless........not sure what to do, and which route to take!
Replies: 11
Views: 2447

Re: I feel restless........not sure what to do, and which route to take!

A little background: about 34 years old. married with 3 kids under 3 years old. Live in Northern VA where the housing market is pretty decent. We're a single income family given the kids. We hit the $1M net worth about a month ago... For your age, you are ahead of 99% of the rest of the country (or...
by BolderBoy
Sun Jul 05, 2015 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 34
Views: 4313

Re: Am I the Biggest Stooge?

Trouble is, I've come to the conclusion that my returns might suck... and It appears to me that my 17 year annualized rate of return is about 5%... and Im not very happy with those numbers. Am I missing something? Should I be? Did I just hit a bad 17 year stretch? You are a setup to be seduced by a...
by BolderBoy
Sun Jul 05, 2015 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Investing lump sum
Replies: 25
Views: 1980

Re: Investing lump sum

This is not market timing per se... Sure it is. But I don't fault you for it. I would put half in right away and the rest later. I agree with Call_Me_OP. It is market timing and it is your choice to do so. Personally, I'd do (and have done) the entire lump sum at once, per your plan. Ignore Grease.
by BolderBoy
Sat Jul 04, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Moved to the USA 2 years ago ... need some advice
Replies: 9
Views: 1344

Re: Moved to the USA 2 years ago ... need some advice

Objective 1: 3MM retirement account by 75 (about 45 years from now) Objective 2: buy a home in 5 years CASH: $52,000.00 Questions: 1. Company has a VOYA 401k with unlimited 25% match, I am not sure if I can sign up due to my gross? 2. What to do with the cash, I know I have to put it to work just n...
by BolderBoy
Fri Jul 03, 2015 5:40 pm
Forum: Personal Consumer Issues
Topic: Buying a new desktop computer
Replies: 42
Views: 3750

Re: Buying a new desktop computer

If you enjoy building things, I just built my first computer and my impression was this: it's so insanely easy and effortless! I have no idea why I waited so long to do. The same specs with a pre-built computer would cost many times more. There are lots of websites out there that help you buy the r...

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