Search found 709 matches

Return to advanced search

Re: $139 lease for EV, $0 down, 39 month lease Chevy Spark

driven this car I thought that if any car hit me at any reasonable speed, that i would not survive if an SUV hit me, then definitely wouldn't make it No point in being a boglehead if you don't live to enjoy the benefits of the money one saves however, if that doesn't concern you, then its a decent ...
by Iorek
Sat Apr 25, 2015 5:19 pm
 
Forum: Personal Consumer Issues
Topic: $139 lease for EV, $0 down, 39 month lease Chevy Spark
Replies: 46
Views: 2860

Re: $139 lease for EV, $0 down, 39 month lease Chevy Spark

I am usually the one tut tutting about leasing cars vs buying, but now I am the one considering a lease.
by Iorek
Fri Apr 24, 2015 10:34 pm
 
Forum: Personal Consumer Issues
Topic: $139 lease for EV, $0 down, 39 month lease Chevy Spark
Replies: 46
Views: 2860

Re: Payoff Mortgage or Fund Taxable Account

Look at what the rate on a no cost refi would be (where you take a slightly higher rate in exchange for a "negative point" or credit against closing costs). Amerisave usually offers a range of rates depending whether you pay to pay a point or receive a credit.
by Iorek
Mon Apr 20, 2015 7:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage or Fund Taxable Account
Replies: 16
Views: 2077

Re: Payoff Mortgage or Fund Taxable Account

If it was me, I would probably refinance to a fixed rate mortgage, and if there was $ left over, I would put it in a 529.
by Iorek
Sat Apr 18, 2015 7:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage or Fund Taxable Account
Replies: 16
Views: 2077

Re: Cost of College & Weighing the Merits of Top Schools

Frank Bruni has written about this recently, a book called "Where You Go Is Not Who You'll Be", which has been excerpted in the NYT and reviewed a few places (like here, http://www.nytimes.com/2015/03/15/opinion/sunday/frank-bruni-how-to-survive-the-college-admissions-madness.html?_r=0). I...
by Iorek
Wed Apr 08, 2015 10:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 16723

Re: Visiting continental Europe (first time) with kids

t-mobile phones work in most of europe without any extra fees, fwiw
by Iorek
Tue Apr 07, 2015 11:22 pm
 
Forum: Personal Consumer Issues
Topic: Visiting continental Europe (first time) with kids
Replies: 20
Views: 1844

Re: Visiting continental Europe (first time) with kids

I would bring ample supplies of whatever medicine you use to treat cold/fevers etc. In Europe you may find limited availability (both in terms of hours of operation and in terms of what is OTC). Renting an apt is great for the ability to eat in, as well as having more room. Might seem obvious, but y...
by Iorek
Mon Apr 06, 2015 11:22 pm
 
Forum: Personal Consumer Issues
Topic: Visiting continental Europe (first time) with kids
Replies: 20
Views: 1844

Re: Benefits of setting up a Trust Account

I believe banks still accept what is known as a Totten Trust account. This is simply "Mary Jones in trust for Susan Jones". Possibly these accounts are largely being replaced by POD accounts or UGMA accounts. Any of these would suit your needs. Gill There's a big difference between a POD ...
by Iorek
Fri Mar 27, 2015 3:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Benefits of setting up a Trust Account
Replies: 16
Views: 2074

Re: Travel Insurance

I generally don't but I have once in a while-- for example sometimes we like to rent a beach house during hurricane season. While I could self-insure, I'm happier to take a bit of the savings from renting that time of year and put it towards trip insurance.
by Iorek
Wed Mar 25, 2015 8:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 20
Views: 1264

Re: Schwab Intelligent Portfolios [now live]

I wonder about the auto-TLH. In a world where Roth conversions already give taxpayers significant control over when to time their income I expect this is small potatoes, but I wonder how the auto-TLH works, and whether having auto-TLH as a feature offered on investment accounts will prompt the IRS t...
by Iorek
Wed Mar 11, 2015 10:04 pm
 
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 370
Views: 33089

Re: Asset allocation when using target retirement funds

Some people argue for bonds in tax-preferred to avoid paying tax on ordinary income gains, others argue for stocks in Roth to shelter the asset with greater growth potential. I tend to split the difference by putting my Roth into an aggressive lifecycle fund, so I certainly think that's a viable opt...
by Iorek
Mon Mar 09, 2015 7:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Asset allocation when using target retirement funds
Replies: 8
Views: 859

Re: Choosing between learning a language/learning martial ar

Opening your thread I was going to recommend a martial art because of the health benefits of being in shape (I think Taekwondo is a pretty good all-around exercise, with some aerobic activity, and also some emphasis on core strength and flexibility). However, when I read that you were looking at it ...
by Iorek
Sun Mar 08, 2015 12:57 pm
 
Forum: Personal Consumer Issues
Topic: Choosing between learning a language/learning martial art
Replies: 20
Views: 1040

Re: Vanguard PAS vs. Portfolio Solutions?

If you have $5m I think the relevant comparison is to VG Flagship services, which are mostly free, isn't it?
by Iorek
Sat Mar 07, 2015 3:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard PAS vs. Portfolio Solutions?
Replies: 11
Views: 1132

Re: Disability insurance + life coverage

The long answer is of course that you should sit down and figure out how much you need to meet your family's needs in the event of those contingencies. It's hard to provide much advice without more info about ages of the family, other wage earners, etc. That said, I think the short answer is that fo...
by Iorek
Sat Mar 07, 2015 8:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Disability insurance + life coverage
Replies: 2
Views: 316

Re: Ulysses Contract

I invest in target date funds partly because for this reason-- both for the automatic rebalancing and for the gradual shift away from a mostly equity portfolio.
by Iorek
Wed Mar 04, 2015 11:19 pm
 
Forum: Investing - Theory, News & General
Topic: Ulysses Contract
Replies: 12
Views: 1339

Re: Vanguard becominng more assertive with boards WSJ

Vanguard does not have a good record on shareholder activism-- I think it is the biggest problem with the index fund model. Here is a recent example-- http://www.nytimes.com/2015/02/22/busin ... opics&_r=0
by Iorek
Wed Mar 04, 2015 7:24 am
 
Forum: Personal Finance (Not Investing)
Topic: Vanguard becominng more assertive with boards WSJ
Replies: 9
Views: 1930

Re: Costs of loyalty to employer

If you like your job, your coworkers and your commute then I would suggest you not underestimate the value of that. Another way to think about it is, what would you do with the extra money? For what it's worth, in my career I once took a 25% pay cut to a job that required about 25% fewer hours becau...
by Iorek
Sun Mar 01, 2015 7:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Costs of loyalty to employer
Replies: 14
Views: 1751

Re: Does a Roth IRA make sense if you live in a high COL pla

I think the poster was using HCOL as a shorthand for "likely to be in a higher combined state/fed tax bracket". Technically of course that is not always the case, but I think it's often true that HCOL areas have higher salaries and higher state taxes.
by Iorek
Sun Mar 01, 2015 4:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does a Roth IRA make sense if you live in a high COL place?
Replies: 85
Views: 3668

Re: Does a Roth IRA make sense if you live in a high COL pla

NeutrinoPerson wrote:I am in the 25% tax bracket (I make $70k/year).


are you maxing out your 401(k)? In other words, if you don't contribute to a Roth, what will you do with the money?
by Iorek
Sat Feb 28, 2015 8:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does a Roth IRA make sense if you live in a high COL place?
Replies: 85
Views: 3668

Re: Treasury Direct (no TIPS or Series I) and taxes

I personally have chosen not to operate with the addition of TD as another agent holding assets just to be able to carry individual treasury bonds. I didn't like their approach to account management and customer interaction. Maybe they are different now but when they mailed out that plastic card gi...
by Iorek
Thu Feb 26, 2015 12:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Treasury Direct (no TIPS or Series I) and taxes
Replies: 9
Views: 1138

Re: 529 Breakeven math; quick question

Some recent posts and a revisit of the Wiki have me thinking... Let's assume a high ER state plan that has a nice state tax deduction. When deciding whether to invest in this plan or the cheaper no state tax benefit alternative, shouldn't breakeven calculations grow the annual state tax savings? So...
by Iorek
Tue Feb 24, 2015 12:28 am
 
Forum: Personal Finance (Not Investing)
Topic: 529 Breakeven math; quick question
Replies: 4
Views: 729

Re: Preparing for 2 months incommunicado

Victoria, FYI, if you have (or setup) a gmail account, and if you turn on 2 factor authentication, then you need to print out a series of one-time passwords from gmail's site to let you log in at internet cafes abroad (but if you do that, you should not have problems). Sounds like a great adventure-...
by Iorek
Mon Feb 16, 2015 11:29 pm
 
Forum: Personal Consumer Issues
Topic: Preparing for 2 months incommunicado
Replies: 142
Views: 6918

Re: Have 20k to invest.. trying to time it.

No one has any idea where the market is going and in the long-term (which is hopefully the time frame you are looking at) it seems unlikely that anything that happens in the next couple weeks is going to matter. If you will feel regret if the market moves down after you buy, then you could consider ...
by Iorek
Sun Feb 15, 2015 3:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Have 20k to invest.. trying to time it.
Replies: 7
Views: 1070

Re: Understanding Cost Basis and Form 8606.

One way that might help to think about it is basis represents the amount you have already been taxed on, and which will be subtracted from proceeds in calculating taxes. For a simple stock transaction, basis is the amount you paid out of previously taxed income to purchase the stock (including trans...
by Iorek
Sun Feb 01, 2015 4:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Understanding Cost Basis and Form 8606.
Replies: 20
Views: 1096

Re: what to do with 529 if you earn a scholarship?

3feetpete wrote:
I think if she marries someone with outstanding college debt she could even pay it off with the 529 money. That's a question I have. Someone check me on that.


I don't think student loan debt counts as a qualified tuition expense. No one gets a 1098-T for their student loan payments.
by Iorek
Fri Jan 30, 2015 1:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: what to do with 529 if you earn a scholarship?
Replies: 22
Views: 2121

Re: what to do with 529 if you earn a scholarship?

529 Withdrawals to cover qualified expenses that are covered by scholarships are penalty free, but they are not tax-free. Withdrawals in those circumstances are taxed as ordinary income. Good point, although I guess if we changed it from a scholarship to an inheritance/gift earmarked for education ...
by Iorek
Fri Jan 30, 2015 12:25 am
 
Forum: Investing - Help with Personal Investments
Topic: what to do with 529 if you earn a scholarship?
Replies: 22
Views: 2121

what to do with 529 if you earn a scholarship?

So this is somewhat hypothetical for me at the moment, but I was wondering what you would do if you found that your only child had been awarded a $20,000 scholarship for her last year of college and therefore did not need the $20k you had set aside in a 529. Assume you don't need the $20k and want t...
by Iorek
Thu Jan 29, 2015 9:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: what to do with 529 if you earn a scholarship?
Replies: 22
Views: 2121

Re: Prepaid Tuition Vs 529 plan

We have a similar program in our state and we bought in. I think your basic analysis is right. One thing to keep in mind is that there are a number of influences on tuitions at state schools (particularly state govt). In our state we went through a period of rapid tuition growth, and then a period w...
by Iorek
Sat Jan 24, 2015 8:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Prepaid Tuition Vs 529 plan
Replies: 12
Views: 933

Re: Buying life insurance online

Good topic and we are getting closer to buying life insurance as well. Don't mean to change the topic, but does anyone know the difference when it comes to alcohol use etc. We don't smoke, but like to have the occasional glass of wine. Will we not be considered preferred plus? Or does having a glas...
by Iorek
Fri Jan 23, 2015 10:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Buying life insurance online
Replies: 21
Views: 761

Re: Intuit Turbo Tax Refund

Intuit forced people that need Schedule D to upgrade to the Premier version and that was not well received. Now they are offering a rebate to those customers but you really have to question if they thought very much about this announcement. If you look into this a little further it turns out you mu...
by Iorek
Fri Jan 23, 2015 10:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Intuit Turbo Tax Refund
Replies: 23
Views: 2249

Re: Intuit Turbo Tax Refund

Note they just acknowledge they messed up the communications, not the fundamental strategy...
by Iorek
Fri Jan 23, 2015 8:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Intuit Turbo Tax Refund
Replies: 23
Views: 2249

Re: EE bonds vs iBonds

I have both EE and I bonds for my emergency savings fund. Before 2011 EE bonds sold for 1/2 face value and were guaranteed to reach face value in about 20 years. Now the EE bonds sell for full face value. I can't find anything at treasurydirect dot com describing the guarantee of doubling your mone...
by Iorek
Sun Jan 18, 2015 11:06 am
 
Forum: Investing - Help with Personal Investments
Topic: EE bonds vs iBonds
Replies: 29
Views: 2682

Re: EE bonds vs iBonds

My wife and I are looking to purchase some EE bonds next week. The reason I like these bonds is the guaranteed double on your initial investment, and the exemption from state taxes. We are investing the full 20k, so our return after our 28% federal taxes should be 34,400 after the full 20 years. I ...
by Iorek
Sat Jan 17, 2015 9:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: EE bonds vs iBonds
Replies: 29
Views: 2682

Re: EE bonds vs iBonds

I think that's right, although don't forget you also can defer federal taxes on the i-bond interest.
by Iorek
Sat Jan 17, 2015 12:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: EE bonds vs iBonds
Replies: 29
Views: 2682

Re: Mortgage refinance: 15 year vs. 20 year vs. 30 year

Variants on this question come up a fair amount, so you might consider poking around the site. I don't think there's an obvious answer and I think you note the basic outlines of the issue-- pay a little more in interest expense in exchange for greater flexibility of cash flow and the opportunity to ...
by Iorek
Fri Jan 16, 2015 8:40 am
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage refinance: 15 year vs. 20 year vs. 30 year
Replies: 12
Views: 1453

Re: Is our taxable investment strategy logical or lame?

Personally, if it were me I would not invest in a Roth if I wasn't maxing out my traditional 401k (at least in those tax brackets). Whether to invest in a taxable account when you have room in a retirement account and aren't saving for a downpayment or e-fund is more a personal decision. One thing y...
by Iorek
Thu Jan 15, 2015 10:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is our taxable investment strategy logical or lame?
Replies: 12
Views: 1645

Re: Will young get social security?

There is no reason why SS could not be fully funded indefinitely-- whether it will or not requires speculation about future legislation.
by Iorek
Tue Jan 13, 2015 8:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: Will young get social security?
Replies: 13
Views: 1250

Re: 0.5% Refi Worthwhile?

There was a time when I did no cost refis like that every 6-12 months for .25 -.5 %, so I would definitely do it. If you want to do a detailed payback analysis I think the mortgage professor website has good calculators.
by Iorek
Wed Jan 07, 2015 10:42 am
 
Forum: Personal Finance (Not Investing)
Topic: 0.5% Refi Worthwhile?
Replies: 17
Views: 1080

Re: Using 529 Funds to prepay more than one year tuition

This probably is of no use, and I am not entirely sure it works, but I think if you have the cash to cover the upfront payment you could pay the school from other funds and then as you get tuition bills you could withdraw the amount of those bills from the 529 even if you did not have to send the 52...
by Iorek
Thu Jan 01, 2015 9:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Using 529 Funds to prepay more than one year tuition
Replies: 8
Views: 822

Re: Declare inheritance from deceased relative this year or

Hopefully there is no tax due but for what it's worth, I believe if you received the check in 2014 then it belongs to the 2014 tax year-- the date you deposit or cash the check is technically irrelevant.
by Iorek
Thu Jan 01, 2015 10:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Declare inheritance from deceased relative this year or next
Replies: 13
Views: 1900

Re: My Christmas Message To You -- 70 Years Ago.

Thanks Taylor, for all you did then and all you've done since.
by Iorek
Fri Dec 26, 2014 11:03 am
 
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Message To You -- 70 Years Ago.
Replies: 58
Views: 5396

Re: Getting dual health insurance

You mentioned you will likely drop your coverage next year but are past your window. Your spouse gaining employment and benefits is a qualifying event and you should be able to modify your own benefit elections, including dropping your insurance or dropping your child from your insurance. +1 One is...
by Iorek
Mon Dec 22, 2014 1:02 pm
 
Forum: Personal Consumer Issues
Topic: Getting dual health insurance
Replies: 13
Views: 831

Re: Getting dual health insurance

You should be able to do this (leaving aside any employer-specific rules). Basically, you should eligible for reimbursement if either plan would cover a given medical expense. Where both plans would cover the medical expense there is something called "coordination of benefits" which will g...
by Iorek
Mon Dec 22, 2014 11:35 am
 
Forum: Personal Consumer Issues
Topic: Getting dual health insurance
Replies: 13
Views: 831

Re: Federal Taxes - Sticker Shock (And how to reduce)

dbCooperAir wrote:
member wrote:Thats less than 15%. Am I missing anything?


Less than 15% is not a lot but $17,000 is still real money to me :wink:


Then the solution is either to make less or move to some place with a lower tax rate [OT comment removed by admin LadyGeek]
by Iorek
Mon Dec 22, 2014 10:05 am
 
Forum: Personal Finance (Not Investing)
Topic: Federal Taxes - Sticker Shock (And how to reduce)
Replies: 58
Views: 5596

Re: Transfer everything to TSP?

I have all my tax-deferred savings in my TSP, but I did pay to convert some IRAs to Roths (and I continue to fund a backdoor Roth). One advantage of rolling the funds into the TSP is it becomes cheaper/easier to do a backdoor Roth, if that's of interest. I am hoping they improve the withdrawal optio...
by Iorek
Sun Dec 21, 2014 11:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Transfer everything to TSP?
Replies: 9
Views: 1167

Re: What "actively" managed funds do you own?

Oakmark Int'l and T Rowe Price REIT.

I used to invest with Dodge and Cox but moved everything out in the last few years, partly because I wanted to move out of managed funds and partly because they charge (or did then) an annual IRA maintenance fee, regardless of account balance.
by Iorek
Sun Dec 21, 2014 8:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: What "actively" managed funds do you own?
Replies: 82
Views: 5145

Re: Quicken WillMaker - any users?

The above plain talk will raises an interesting point I had with Willmaker vs. local lawyer. The language used by both was quite different, both using obtuse legal wording for the most straightforward points, with (struggling to remember accurately here) the local lawyer being worse. It occurred to...
by Iorek
Mon Dec 15, 2014 9:32 am
 
Forum: Personal Consumer Issues
Topic: Quicken WillMaker - any users?
Replies: 24
Views: 3441

Re: do people still steal portable GPSs from cars?

I had someone steal the charging cord when I left that in the car without the GPS, but I think I might have left the car unlocked (in our driveway). Anyway, I always put it out of sight, but don't really worry about leaving it in the car.
by Iorek
Sun Dec 14, 2014 11:55 am
 
Forum: Personal Consumer Issues
Topic: do people still steal portable GPSs from cars?
Replies: 13
Views: 1992

Re: Best travel rewards card for my unique situation

The Sapphire Preferred is a good card (the Sapphire is similar but no fee, and not quite as good, e.g. I think it has a 1% transaction fee on foreign transactions), but FYI I think Chase discontinued the 7% bonus.
by Iorek
Fri Dec 12, 2014 9:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best travel rewards card for my unique situation
Replies: 11
Views: 1704
Next

Return to advanced search