Search found 453 matches

by Clever_Username
Tue Jul 28, 2015 3:53 pm
Forum: Investing - Theory, News & General
Topic: Rick’s Top Ten List of When Not To Invest
Replies: 9
Views: 1448

Re: Rick’s Top Ten List of When Not To Invest

His observation was that winners don’t do anything special; they just make fewer avoidable errors than the losers. In investing, what separates winners from losers is the number of unnecessary mistakes we make. So very true in so many things. I got better at golf playing this way too. Great list, a...
by Clever_Username
Tue Jul 28, 2015 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Refinance a few years before sale?
Replies: 3
Views: 309

Re: Refinance a few years before sale?

Thank you both for your responses. If you are going to move in 3 years, plus or minus a year, I think I would be sure that all of my closing costs would be paid off in well less than two years. My son refinanced his home 13 months ago, and was ahead after about 8 months. Shop around, some institutio...
by Clever_Username
Tue Jul 28, 2015 1:27 am
Forum: Investing - Help with Personal Investments
Topic: Refinance a few years before sale?
Replies: 3
Views: 309

Refinance a few years before sale?

Hello again all. Executive Summary: I currently live in a condo. In about 2-3 (I hope absolutely no more than 4) years, I plan to buy a house. I'm currently a little over nine years into a 30-year adjustable-rate mortgage on a condo and am seeking more information about refinancing. The condo and th...
by Clever_Username
Mon Jul 27, 2015 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA with Vanguard- Assist with fund choices
Replies: 6
Views: 353

Re: Roth IRA with Vanguard

I'm helping a friend open a Roth IRA. She is 58 years old and plans to retire in 2 years. With extra cash on hand and under the full contributory limit she wants to invest in an IRA. I recommended Vanguard funds. Good recommendation. Which funds would be the most tax efficient or does it even matte...
by Clever_Username
Sun Jul 26, 2015 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing capital gains towards a shorter-term goal
Replies: 12
Views: 593

Re: Realizing capital gains towards a shorter-term goal

It looks like my choices are short-term savings (either the limited-term federal fund we discussed earlier or a MM/savings account/appropriate-term CD, and accepting that this is a lower effective return rate than my current mortgage, although in exchange I gain some liquidity) or paying down the m...
by Clever_Username
Sun Jul 26, 2015 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing capital gains towards a shorter-term goal
Replies: 12
Views: 593

Re: Realizing capital gains towards a shorter-term goal

If you have a bond fund with a five-year duration, and bond rates rise by 2%, you will lose 10% of your investment. But since the yields rose by 2%, you will earn 2% more every year, so if you hold the fund for five years, you break even. If you hold for less than five years (or hold for five years...
by Clever_Username
Sun Jul 26, 2015 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing capital gains towards a shorter-term goal
Replies: 12
Views: 593

Re: Realizing capital gains towards a shorter-term goal

Can I get you to clarify something for me? Your bond holdings should not have a significantly longer duration than your time horizon; if rates rise, you will lose money and not have time to make it up from the higher yields. Thus, while CA Intermediate-Term Tax-Exempt is a good fund for a CA investo...
by Clever_Username
Sun Jul 26, 2015 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Alert. Scam with callers posing as IRS agents...
Replies: 46
Views: 4174

Re: Alert. Scam with callers posing as IRS agents...

I use 800-call-notes or similar websites to check unknown numbers. If a number is associated with a scam, I just add it to the "scammer" contact list and set the ring tone to "crickets" so I don't even hear the ringing unless I'm in a very quiet room. It's surprising how rarely ...
by Clever_Username
Sat Jul 25, 2015 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: What should I put in my Roth IRA if TDF's are "bad?"
Replies: 24
Views: 912

Re: What should I put in my Roth IRA if TDF's are "bad?"

I've been hearing from different sources (research and people) that a target date retirement fund isn't the greatest fund to have your Roth IRA. I just opened a Roth IRA and have maxed it out at 80% VFFVX (2055 tdf) and 20% (VGSTX) STAR fund. I'm still young, 26, and will likely be able to put abou...
by Clever_Username
Fri Jul 24, 2015 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing capital gains towards a shorter-term goal
Replies: 12
Views: 593

Re: Realizing capital gains towards a shorter-term goal

It's $5000 of net capital gains. If you have tax software (even last year's; the numbers have changed slightly), you could fill out a mock tax form to see how the forms work out. There should be a worksheet for computing Modified AGI for IRA eligibility I use an EA; it started when I had a fairly c...
by Clever_Username
Fri Jul 24, 2015 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing capital gains towards a shorter-term goal
Replies: 12
Views: 593

Re: Realizing capital gains towards a shorter-term goal

According to IRS Publication 590-A, Contributions to IRAs , the modified AGI for Roth IRA contribution does not need to be adjusted for tax-exempt interest. Thus, if you are trying to keep your income below the Roth IRA eligibility limit, putting the money in municipal bonds will help. (Another alt...
by Clever_Username
Fri Jul 24, 2015 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Realizing capital gains towards a shorter-term goal
Replies: 12
Views: 593

Realizing capital gains towards a shorter-term goal

Executive Summary : I want to sell some stock funds in my taxable account to use towards a goal whose timeframe is such that stocks aren't an appropriate risk level. This is slightly complicated by needing to keep my 2015 AGI within a certain boundary. I'm aware this isn't in the traditional "...
by Clever_Username
Fri Jul 24, 2015 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Can I link Vanguard company 401k with my Vanguard personal investor accounts?
Replies: 7
Views: 632

Re: Can I link Vanguard company 401k with my Vanguard personal investor accounts?

I believe it's possible. My 403(b) is through Vanguard and shows up when I log into my personal account. My asset allocation is also shown across all accounts (IRAs, taxable, 403(b), 401(a)), which is pretty neat.
by Clever_Username
Fri Jul 24, 2015 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Performance review for Boss!
Replies: 20
Views: 2201

Re: Performance review for Boss!

If this is part of a 360 review (great tool, BTW), then it should be anonymous. If it isn't, tread carefully, be nice and respectful and gauge your responses as you would in a personal meeting. Ugh, 360 reviews. At a former job of mine, my boss's boss would receive all 360 reviews about said boss. ...
by Clever_Username
Thu Jul 23, 2015 9:14 am
Forum: Personal Consumer Issues
Topic: Greatest money lesson movie
Replies: 63
Views: 5469

Re: Greatest money lesson movie

Not surprisingly, one of my favorite movies of all time, Layer Cake (2004) , has some great money lessons. Of course, a large part of the plot revolved around the protagonist preparing for retirement. "What was true then is true now. Have a plan. Stick to it." I guess that's the big one, b...
by Clever_Username
Wed Jul 22, 2015 11:04 pm
Forum: Personal Consumer Issues
Topic: Moving to Los Angeles
Replies: 21
Views: 1978

Re: Moving to Los Angeles

One thing I was thinking was that if we wanted to expedite the process of building a downpayment, we could lower the 401(k) contributions until we purchase. I'm assuming this is a suboptimal strategy. Any opinions on this? I considered and rejected that strategy mostly due to cost. My marginal rate...
by Clever_Username
Wed Jul 22, 2015 6:02 pm
Forum: Personal Consumer Issues
Topic: Moving to Los Angeles
Replies: 21
Views: 1978

Re: Moving to Los Angeles

Meanwhile, I've waffled between paying down my mortgage (figuring the equity in my place could be applied towards the down payment; I don't know enough about contingency offers in real estate to know how good or bad that is), saving in cash, or taking some risk A good real estate agent should be ab...
by Clever_Username
Wed Jul 22, 2015 5:16 pm
Forum: Personal Consumer Issues
Topic: Moving to Los Angeles
Replies: 21
Views: 1978

Re: Moving to Los Angeles

I can't help you with the "where in L.A." to live parts, despite having lived in Los Angeles for two separate sets of six years each, and am currently three years into my third stint living in the city. But I can try to lend some help in other areas, plus I have a related question I want t...
by Clever_Username
Tue Jul 21, 2015 3:04 pm
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3295

Re: When did you start investing in the Market?

Deliberately and on my own? Summer 2008, I was an intern at Boeing. Even interns can contribute to the 401(k) there (or at least could then -- I haven't checked back since), and got a 6% match if we contributed 8%. I left the money -- I put in a little over $1000 that summer -- in the 401(k) before ...
by Clever_Username
Sat Jul 18, 2015 11:16 pm
Forum: Personal Consumer Issues
Topic: Replacing wireless router - advice needed
Replies: 21
Views: 2090

Re: Replacing wireless router - advice needed

Even though my cable modem is one I bought in June 2006, my wireless access point -- an 802.11N from monoprice -- has worked very well for me. I've had it for almost four years. On that note, I probably should replace my Cable Modem at some point, but making sure I get one that Time Warner will allo...
by Clever_Username
Fri Jul 17, 2015 11:20 pm
Forum: Investing - Theory, News & General
Topic: Pros and cons of adding Roth Option to 401K Plan
Replies: 93
Views: 5197

Re: Pros and cons of adding Roth Option to 401K Plan

livesoft: thank you for the very detailed reply. I really appreciate it.
by Clever_Username
Fri Jul 17, 2015 6:10 pm
Forum: Investing - Theory, News & General
Topic: Pros and cons of adding Roth Option to 401K Plan
Replies: 93
Views: 5197

Re: Pros and cons of adding Roth Option to 401K Plan

Why would a higher income benefit more from a Roth option than a lower income employee? I'm not sure what you mean by "lower income"? Did you mean my "in-between income" that I mentioned? I think I'm more confused why the executives (who presumably have high salaries) would bene...
by Clever_Username
Fri Jul 17, 2015 12:40 pm
Forum: Investing - Theory, News & General
Topic: Pros and cons of adding Roth Option to 401K Plan
Replies: 93
Views: 5197

Re: Pros and cons of adding Roth Option to 401K Plan

2. Workers who had high enough incomes to benefit from a Roth option made so much money it didn't matter and there were less than 4 employees in the whole company that would benefit and two of them were the CEO and the COO. Why would a higher income benefit more from a Roth option than a lower inco...
by Clever_Username
Thu Jul 16, 2015 8:44 am
Forum: Investing - Help with Personal Investments
Topic: I-Savings Bonds
Replies: 29
Views: 3929

Re: I-Savings Bonds

I'm not saying one should immediately redeems I Bonds and buy 30-year TIPS just because their yields exceed 0.52%. The better option, in my opinion would be to hold the I Bonds a while. When they're no longer needed for emergencies and if TIPS rates rise substantially, then consider exchanging them...
by Clever_Username
Thu Jul 16, 2015 12:46 am
Forum: Investing - Help with Personal Investments
Topic: I-Savings Bonds
Replies: 29
Views: 3929

Re: I-Savings Bonds

I treat them as $10k real income 30 years from now. I hope this doesn't come about. If so, it would mean that interest rates have stayed at their current low levels for 30 years. In a more optimistic scenario, interest rates will rise enough in a few years that you will want to redeem your 0% fixed...
by Clever_Username
Wed Jul 15, 2015 3:33 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4531

Re: Builder wants to put a retaining wall on my property

I had thought about contacting a real estate lawyer but that actually seems to be a necessity. And probably an engineer at some point to check the quality of their design and construction. Is it legal -- or advisable, for that matter -- to ask that they pay for anyone you need to consult with about...
by Clever_Username
Wed Jul 15, 2015 3:29 pm
Forum: Personal Consumer Issues
Topic: Is there a big difference between the Samsung S3 and S5?
Replies: 13
Views: 1149

Re: Is there a big difference between the Samsung S3 and S5?

Whatever device you get, -immediately- get a silcon/gel phone case. I used an S3 for the past two years (still in use) and an S2 for two or so years before that. I'm not sure I know what these are. Why do you suggest them, and what are they? (I'm not trying to challenge you on it -- I genuinely wan...
by Clever_Username
Wed Jul 15, 2015 3:24 pm
Forum: Investing - Theory, News & General
Topic: Where do you put your cash?
Replies: 64
Views: 7720

Re: Where do you put your cash?

I don't have cash, but I use a short-term corporate bond index fund that I trade out of to buy stocks ETFs at opportune times and then sell those stock ETFs within a week or so and buy back the short-term corporate bond index fund shares. What exactly is the purpose of your cash anyways? Liquidity ...
by Clever_Username
Mon Jul 13, 2015 10:03 am
Forum: Investing - Help with Personal Investments
Topic: I-Savings Bonds
Replies: 29
Views: 3929

Re: I-Savings Bonds

I purchased the maximum $10,000 spread out over 2014. I have already purchased $7000 early this year. I will buy another $3000 in November. When they hit the one-year mark, they become part of my emergency finance plan. I guess you could call that an emergency fund. I spend about $3500/month (not in...
by Clever_Username
Sat Jul 11, 2015 12:14 am
Forum: Personal Finance (Not Investing)
Topic: A Career in Golf?
Replies: 22
Views: 2440

Re: A Career in Golf?

There are plenty of golf forums -- I don't know this site's rules for mentioning other ones by name, so I'll refrain until I hear that it's okay -- with professionals who can give him good advice. Has he sought out any of those? Sure, you can mention other forums. It's the personal real names that ...
by Clever_Username
Fri Jul 10, 2015 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: A Career in Golf?
Replies: 22
Views: 2440

Re: A Career in Golf?

Is he looking to make the PGA Tour (the guys who compete on TV) or is he looking to make a living teaching golf and managing a golf course? I'm guessing since he got his Class A that he wants the latter. There's plenty of opportunity for that in the north-east. And if he got good enough to get Class...
by Clever_Username
Fri Jul 10, 2015 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: In-laws not saving for retirement -- help!
Replies: 47
Views: 6501

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

financial.freedom wrote:
sawhorse wrote:By the way, how did you and your wife find out their financial information?


They asked us to co-sign a loan, so we inquired.


Did you co-sign? Are you and your spouse on the same page about co-signing?
by Clever_Username
Thu Jul 09, 2015 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Silly question...better to invest now in intl stocks?
Replies: 24
Views: 3029

Re: Silly question...better to invest now in intl stocks?

For me, it's every three months, typically a few days after VTIAX sends out their dividends. This time, I "lucked out" and the purchase went through at 2% or so less cost than it was when I made the order. Of course, that also meant that my existing holdings were down that much. But in the...
by Clever_Username
Thu Jul 09, 2015 12:49 am
Forum: Investing - Theory, News & General
Topic: my half time review of 2015's sure things
Replies: 7
Views: 1689

Re: my half time review of 2015's sure things

These are always fun. Thanks for writing and posting.
by Clever_Username
Thu Jul 09, 2015 12:47 am
Forum: Investing - Theory, News & General
Topic: How aggressive are you in Taxable?
Replies: 37
Views: 3114

Re: How aggressive are you in Taxable?

I don't really think of my taxable account as separate, but I guess it looks fairly aggressive on paper. Or maybe it doesn't, I'm not sure. $17k in I-Bonds now (will be $20k come end of the year, unless there's something absurd in the new issues). $22k in domestic stock. $30k in total international....
by Clever_Username
Wed Jul 08, 2015 12:46 pm
Forum: Investing - Theory, News & General
Topic: Will it be time to increase equities in my AA?
Replies: 22
Views: 1568

Re: Will it be time to increase equities in my AA?

I've given this quite a bit of thought myself, too. I'm at age (32) in bonds, but if there's a sizable drop and I'm fine with it, I'll consider having a higher equity allocation at some point. However, given admitted behavioral fears and even actions by people more experienced than I am, I'm unwilli...
by Clever_Username
Sat Jul 04, 2015 10:35 am
Forum: Personal Consumer Issues
Topic: Saving on Golf
Replies: 21
Views: 1515

Re: Saving on Golf

You can play 250 nice golf courses in Phoenix during the summer at very reasonable rates. Bring lots of sun lotion. This is also true in Palm Desert and the surrounding area! I've played many great courses for under $20/round the past month or so, which included a cart and sometimes included the ra...
by Clever_Username
Wed Jun 24, 2015 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Social Security and Early Retirement?
Replies: 26
Views: 4098

Re: Social Security and Early Retirement?

SS benefits are based on your highest 35 years of earnings, indexed for inflation. If you don't have 35 years of earnings, they use zero for the rest, as you said. You'd have to evaluate the actual impact on benefits on the SS site. This just made me curious: is there a way to find out what my earn...
by Clever_Username
Sun Jun 21, 2015 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Anyone met with Fidelity Advisor before?
Replies: 19
Views: 2715

Re: Anyone met with Fidelity Advisor before?

From time to time I get cold called by the local Fidelity branch asking if I need any help with my account (?!). Once a rep proposed I invest in PIMCO’s unconstrained bond fund. A while back I was two tagged by reps on a variable annuity—that was a challenging phone conversation. What was that conv...
by Clever_Username
Sat Jun 20, 2015 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: Mixing sources in a Rollover IRA
Replies: 5
Views: 762

Re: Mixing sources in a Rollover IRA

There used to be such a thing as a "Conduit IRA" which was specifically for rollovers from employer plans. Any rollovers into new employer plans had to be from those IRAs. This rule no longer exists and employer plans are allowed to accept incoming rollovers from regular TIRAs. Most emplo...
by Clever_Username
Sat Jun 20, 2015 2:39 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 13991

Re: The "4% Rule" revisited

Didn't the original "4% rule" assume some absurdly high portfolio cost also, something like 1% ER? Nope, the expenses come out of the 4%. http://www.vanguard.com/pdf/s325.pdf JW Thanks for that. If I'm reading that right, it supports what I said (it's also possible I misread it). 4% is st...
by Clever_Username
Sat Jun 20, 2015 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Mixing sources in a Rollover IRA
Replies: 5
Views: 762

Mixing sources in a Rollover IRA

Hi all, I had some early 401(k)-type plans at early employers, and when I learned about IRAs, I rolled them into a common traditional-IRA that also held some t-IRA contributions. It's now at Vanguard and is marked "traditional IRA" When I left a job about two years ago, I rolled that 401(k...
by Clever_Username
Sat Jun 20, 2015 1:17 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 13991

Re: The "4% Rule" revisited

Didn't the original "4% rule" assume some absurdly high portfolio cost also, something like 1% ER? Nope, the expenses come out of the 4%. http://www.vanguard.com/pdf/s325.pdf JW Thanks for that. If I'm reading that right, it supports what I said (it's also possible I misread it). 4% is st...
by Clever_Username
Fri Jun 19, 2015 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Stock bubble, bond bubble - I'm worried!
Replies: 16
Views: 2499

Re: Stock bubble, bond bubble - I'm worried!

Every day I hear nothing but chatter about a bond bubble or a stock bubble. Some commentators say it will be worse than 2008-9. I have a 40/60 S and D allocation. I know I supposed to hang on for the long run ( I'm 75.), but I'm not sure I can take another crash in the markets. What can I do? Fillo...
by Clever_Username
Thu Jun 18, 2015 12:03 pm
Forum: Investing - Theory, News & General
Topic: The "4% Rule" revisited
Replies: 102
Views: 13991

Re: The "4% Rule" revisited

Didn't the original "4% rule" assume some absurdly high portfolio cost also, something like 1% ER?
by Clever_Username
Wed Jun 17, 2015 2:58 pm
Forum: Personal Consumer Issues
Topic: "Phantom" Tipping
Replies: 68
Views: 11150

Re: "Phantom" Tipping

Are you sure it was a different amount and not just the reserve? Like, they run your card for X amount to reserve, and then return your card and you fill out the tip, and then they put the correct amount to be charged? It's one thing to add extra fees (like health care charges for employees) but it'...
by Clever_Username
Tue Jun 16, 2015 6:26 pm
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 14343

Re: Gifting Money at Parties

I have attended two weddings since finishing graduate school. I was the best man for my best friend. I gave him and his wife $500. I knew they were going to be buying a house in the then-not-too-distant future, and they wanted money towards appliances. I told them I'd buy them the washer/dryer, and ...
by Clever_Username
Wed Jun 10, 2015 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 101
Views: 11272

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

I went the other direction, leaving a job that sounds like the second one -- many hours, frequently on call, higher pay, high stress -- in favor of one more like the first one (better hours, genuine work/life balance, etc). I did this about two years ago and am extremely glad I did. Also, due to cir...
by Clever_Username
Tue Jun 09, 2015 12:21 pm
Forum: Personal Consumer Issues
Topic: Advice for Boston trip
Replies: 24
Views: 1547

Re: Advice for Boston trip

I want to second the Freedom Trail and the Make Way for Ducklings sculptures. Both very cool for very different reasons. You mentioned that they aren't into baseball; if they're into basketball or hockey, TD Garden isn't too hard to get to (Gillette is a good drive away from Boston, however). But, u...
by Clever_Username
Tue Jun 09, 2015 12:08 pm
Forum: Investing - Theory, News & General
Topic: University of California Retirement Plan
Replies: 48
Views: 6429

Re: University of California Retirement Plan

Thanks for the reminder. I updated my address with Fidelity a few days ago for my old UC plan... I think I only had money in the 401(a). Whatever it is, I have moved since then, and now they have my current address. In a week or two, I'll roll it over to my rollover IRA and be done with it. If I fin...

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