Search found 879 matches

Return to advanced search

Re: Filed your 2014 Federal Taxes yet?

I see that Free Fillable Forms is now open for business which means I can get started on them.
by Novine
Sat Jan 31, 2015 11:26 am
 
Forum: Personal Finance (Not Investing)
Topic: Filed your 2014 Federal Taxes yet?
Replies: 48
Views: 2177

Re: Write-Offs for a Fashion Blogger

Does she otherwise wear the clothes? If so, I seriously doubt it. Read this for their take on trying to take deductions for modeling clothes. Also, on what form is she going to report this income?
by Novine
Sat Jan 31, 2015 11:21 am
 
Forum: Personal Finance (Not Investing)
Topic: Write-Offs for a Fashion Blogger
Replies: 1
Views: 312

Re: Stop 401K To Save More Cash

How did you come up with the $50k amount? The Roth IRA has the benefit of being able to withdraw your contributions so if you feel you need the flexibility, that is a better alternative than to significantly reduce your retirement contributions.
by Novine
Thu Jan 29, 2015 9:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Stop 401K To Save More Cash
Replies: 5
Views: 693

Re: Refinancing Question

Just to close the loop on this, I wanted to follow-up with what we ended up doing. While trying to decide whether to go forward, rates went up again. But when they went down again in December, I was able to lock-in a 30 year mortgage at 3.750%. The appraisal didn't come back as high as we had hoped ...
by Novine
Wed Jan 28, 2015 1:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Refinancing Question
Replies: 11
Views: 1522

Re: 30 yrs-old, married, looking for advice on our portfolio

Have you read the Wiki ? If not, you should start there as it will help you answer questions like what assets are best located in tax-deferred and taxable accounts. That would tell you that bonds in taxable is usually not recommended. Other information that would be helpful is what other funds are a...
by Novine
Wed Jan 28, 2015 1:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: 30 yrs-old, married, looking for advice on our portfolio
Replies: 3
Views: 631

Re: What age did you hit $100,000?

When I got married, thanks to the wife's retirement accounts. :D Seriously, getting married has been a financial boon for us. Before marriage, my house and car loans soaked up most of my excess income and I was hardly saving anything for retirement. Plus, I was dabbling in stocks. She had saved a to...
by Novine
Thu Jan 22, 2015 2:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: What age did you hit $100,000?
Replies: 68
Views: 5833

Re: The "Less Than" a Million $ Club

We're more interested in retiring early than retiring rich. That likely would preclude us from reaching a million in assets. But we'll have 2 pensions and 2 SS checks that will give us more options than those with more put away for retirement.
by Novine
Mon Jan 19, 2015 10:26 pm
 
Forum: Personal Consumer Issues
Topic: The "Less Than" a Million $ Club
Replies: 73
Views: 10906

Re: Suze Orman: $100 into $860k, and cfiresim

I watched the show and rolled my eyes at the 11% return. That's too much in Ramsey-land for me. Her underlying point is valid but I would have preferred to see her use a more realistic number. It still would have resulted in a substantial enough sum that it would have gotten people's attention.
by Novine
Mon Jan 19, 2015 5:10 pm
 
Forum: Investing - Theory, News & General
Topic: Suze Orman: $100 into $860k, and cfiresim
Replies: 47
Views: 5131

Re: How would you respond?

"I believe the person I reached out to was our in-house counsel to the subcommittee."

Does the plan have an investment manager? The response sounds like what I've heard from our plan's investment manager when discussing the benefits of active versus passively managed funds.
by Novine
Sat Jan 17, 2015 10:53 am
 
Forum: Investing - Theory, News & General
Topic: How would you respond?
Replies: 25
Views: 2915

Re: Investment Advice

As Duckie noted, it's overly complicated. A simple 3 or 4 fund approach is all that most people need especially if you don't have the time/interest to keep up on a more complicated portfolio. There's plenty of people here who have much larger portfolios than yours that manage it themselves by keepin...
by Novine
Fri Jan 16, 2015 11:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 16
Views: 1786

Re: Investment Advice

Can you explain why you selected the funds that you did?
by Novine
Fri Jan 16, 2015 8:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment Advice
Replies: 16
Views: 1786

Re: Dazed, Confused and Upset

"Does anyone have any pointers on how to have the conversation with the EJ advisor and what that conversation should entail? I do know that I wouldn't have to talk to him at all but that just wouldn't be right in this type of situation. He is a distant relation and very close family friend whom...
by Novine
Tue Jan 13, 2015 11:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Dazed, Confused and Upset
Replies: 63
Views: 6288

Re: How to transfer estate without including tax man

You don't pay taxes on your estate, your heirs do. It's no different than when if they won the lottery. I understand that people think that "my" money shouldn't be taxed twice but it's no longer "your" money when it gets doled out to the lucky recipients of your estate.
by Novine
Tue Jan 13, 2015 11:14 am
 
Forum: Investing - Help with Personal Investments
Topic: How to transfer estate without including tax man
Replies: 27
Views: 2406

Re: Edward Jones Fees

What does Edward Jones do for your accounts that Vanguard can not? I think I know the answer but let's see what you come up with and whether EJ is worth the dollars you give them.
by Novine
Tue Jan 13, 2015 11:12 am
 
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Fees
Replies: 24
Views: 2104

Re: Home Energy Audit - worth it?

As the OP experienced, there are different levels of "audits" being offered out there. Under $100, you're going to get someone coming in and checking lights, faucets, age and style of A/C and heating systems, whether you have attic insulation. Unless you're completely clueless in the area ...
by Novine
Mon Jan 12, 2015 12:38 pm
 
Forum: Personal Consumer Issues
Topic: Home Energy Audit - worth it?
Replies: 22
Views: 2294

Re: Young dentist, No debt, Investing strategy

Have you been over to the White Coat Investor? He posts here too but he has a lot to read up on at his site. It's geared towards people like yourself. Starting off without student loans or credit card debt puts you ahead of a lot of your peers. But I would note that you have plenty of debt.
by Novine
Sat Jan 10, 2015 9:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young dentist, No debt, Investing strategy
Replies: 10
Views: 1154

Re: Mice in the house

Extreme cold can drive mice inside. They can get in through very small holes so you've probably got more sealing to do. For those who don't want to use an open trap like the Victor traps, we've used these . I'm all for being touchy-feely with animals but mice can have some really nasty health issues...
by Novine
Sat Jan 10, 2015 2:16 pm
 
Forum: Personal Consumer Issues
Topic: Mice in the house
Replies: 86
Views: 5117

Re: QDRO vs Settlement in Divorce Decree

See this. Sounds like your divorce decree may meet the definition.
by Novine
Fri Jan 09, 2015 9:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: QDRO vs Settlement in Divorce Decree
Replies: 5
Views: 905

Re: make mortgage payment with a credit card?

Mine doesn't allow this. I don't know if this policy is the mortgage servicer's or the credit card company's or both.
by Novine
Thu Jan 08, 2015 12:49 pm
 
Forum: Personal Consumer Issues
Topic: make mortgage payment with a credit card?
Replies: 32
Views: 3849

Re: Can we afford to buy a home?

I would add that buying a new house doesn't provide any guarantee that you'll be free of those costs either. We've had a lot of new construction in the area and a lot of it that went up before the markets crashed in 2008 - 2009 were a source of unending problems for the new owners.
by Novine
Wed Jan 07, 2015 7:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy a home?
Replies: 41
Views: 3315

Re: Can we afford to buy a home?

"We have not tied the knot yet. Early '16." Get married first. Are you getting married at the court house? Or have you started budgeting for the wedding and honeymoon? If not, you need to factor that into your expenses. Buying a house is a lot less complicated when you've both made the com...
by Novine
Wed Jan 07, 2015 4:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy a home?
Replies: 41
Views: 3315

Re: Cancel Homeowner's Insurance?

"$7000??? Geez. Where do you live?" OP indicated that he lives in Tampa, Florida area and the cost is likely related to hurricane coverage/experience in that area. OP indicated that Tampa hasn't had a hurricane since 1936. But the insurance market in Florida has suffered a number of massiv...
by Novine
Wed Jan 07, 2015 9:39 am
 
Forum: Personal Finance (Not Investing)
Topic: Cancel Homeowner's Insurance?
Replies: 106
Views: 6613

Re: Can we afford to buy a home?

$20,000 doesn't equal an 8 - 10 month Emergency Fund at that level of spending. Set a realistic target for that. Also, you really should get a 20% down payment in place. It will reduce your mortgage payments in 2 ways - no PMI and lower monthly payments as compared to your payments at 14%. That will...
by Novine
Wed Jan 07, 2015 9:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy a home?
Replies: 41
Views: 3315

Re: Can we afford to buy a home?

Age? I wouldn't buy that much house with your current debts and inability to fund your retirement.
by Novine
Tue Jan 06, 2015 5:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy a home?
Replies: 41
Views: 3315

Re: Newbie wanting help with portfolio and advisor critique

"So it looks like the next best step would be to open up a taxable Vanguard account and have my current holdings transfered, before harvesting any losses and converting it to low cost, tax efficient bonds? I imagine I need to notify my advisor of my intent to transfer the funds, is there a stan...
by Novine
Tue Jan 06, 2015 9:30 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting help with portfolio and advisor critique
Replies: 20
Views: 2314

Re: Vanguard sets record funds inflow, has $3.1 trillion ass

My 457 plan offers Vanguard funds but I've avoided them because they are larded up with extra fees that make them more expensive than some other index funds available to us. The real revolution in retirement investing will come when investors can break free of employer plans and have their deduction...
by Novine
Mon Jan 05, 2015 4:17 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard sets record funds inflow, has $3.1 trillion assets
Replies: 39
Views: 2847

Re: Should I proritize 401k or HSA? Plan details inside.

If you don't intend to use the HSA for medical bills, I can't think of a good reason to pay the higher fees when you already have good choices in your 401k.
by Novine
Mon Jan 05, 2015 4:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I proritize 401k or HSA? Plan details inside.
Replies: 4
Views: 383

Re: Should I proritize 401k or HSA? Plan details inside.

Read the Wiki on order of investments. You should be funding your 401k up to the employer match before looking elsewhere. Will you have enough to fund both your 401k and your HSA?
by Novine
Mon Jan 05, 2015 2:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I proritize 401k or HSA? Plan details inside.
Replies: 4
Views: 383

Re: U.S. stocks in freefall

Where was everyone in 2008 - 2009? I don't get people getting worked up on 300 point declines when the Dow is at 17,500. Nothing like the days of multiple 700 point declines with the Dow heading to half the value it has today.
by Novine
Mon Jan 05, 2015 2:41 pm
 
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1195
Views: 221621

Re: How do I protect my mutual fund accounts from hacking?

Sure. all of that could happen. But the OP seemed concerned with the funds being funneled out of the account. I don't see any way for that to happen that doesn't involve some activity that's going to tip off the holder of the account that something is going on before that could happen.
by Novine
Fri Jan 02, 2015 11:28 pm
 
Forum: Investing - Theory, News & General
Topic: How do I protect my mutual fund accounts from hacking?
Replies: 44
Views: 2537

Re: A little portfolio advice for a novice?

"I wasn't aware that I could open an IRA for my wife as well. I will definitely look into this. So does this account have to be under my account or can this be solely on my wife's name, as in a seperate Vanguard account for her?" Although this was touched on, just to clarify this a bit fur...
by Novine
Fri Jan 02, 2015 11:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: A little portfolio advice for a novice?
Replies: 16
Views: 1077

Re: A little portfolio advice for a novice?

You could dump the Target Retirement fund and use one of the funds from the 3 fund portfolio that you otherwise have. But without knowing what percentage each of your buckets (401k, tIRA, Roth IRA) holds of your total portfolio, it's hard to get more specific than that. Otherwise, it's hard to beat ...
by Novine
Fri Jan 02, 2015 1:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: A little portfolio advice for a novice?
Replies: 16
Views: 1077

Re: How do I protect my mutual fund accounts from hacking?

"Do you think that by setting up an automatic ETF transfer from T.Rowe to my bank, then if a hacker tried to sell my funds, I would be protected because the funds would - much to the hacker's surprise - be sent to my bank instead of to him by virtue of the automatic ETF?" If a hacker is so...
by Novine
Thu Jan 01, 2015 10:50 pm
 
Forum: Investing - Theory, News & General
Topic: How do I protect my mutual fund accounts from hacking?
Replies: 44
Views: 2537

Re: 2015 BOGLEHEAD CONTEST REGISTRATION

2250.11
by Novine
Thu Jan 01, 2015 10:47 pm
 
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEAD CONTEST REGISTRATION
Replies: 556
Views: 19749

Re: How do I protect my mutual fund accounts from hacking?

Let's say someone hacked into your account and sold all your funds. Then what? It's not clear exactly what your concern is about.
by Novine
Thu Jan 01, 2015 6:24 pm
 
Forum: Investing - Theory, News & General
Topic: How do I protect my mutual fund accounts from hacking?
Replies: 44
Views: 2537

Re: How to make more money?

If you're a government employee in an office job, you're unlikely to get significantly higher pay without an appropriate degree because you won't be eligible for promotion or to transfer into positions that pay more. I can't speak for the retail sector but your SO is likely facing the same prospect....
by Novine
Thu Jan 01, 2015 2:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to make more money?
Replies: 53
Views: 5554

Re: 2014 BOGLEHEAD CONTEST WINNER

Great job FD!

For myself, only #108 but I outguessed Rick Ferri so I feel like a winner!
by Novine
Thu Jan 01, 2015 11:36 am
 
Forum: Investing - Theory, News & General
Topic: 2014 BOGLEHEAD CONTEST WINNER
Replies: 23
Views: 2445

Re: If you had these funds in your HSA how would you invest?

Sounds overly complicated for what can't be very much money at this point. Plus, if you don't ever intend to touch the HSA, you should allocate your funds in coordination with the rest of your portfolios. It's hard to know what makes sense without seeing your entire portfolio and knowing what percen...
by Novine
Thu Jan 01, 2015 11:19 am
 
Forum: Investing - Help with Personal Investments
Topic: If you had these funds in your HSA how would you invest?
Replies: 2
Views: 376

Re: Roth vs. Traditional w/tax savings invested.

"If you don't need the money now consider that the Roth will always produce more money in retirement for the same amount in it since it is not taxed."

How so? You have to pay taxes going in or going out. Most people are in a lower tax bracket in retirement.
by Novine
Thu Jan 01, 2015 11:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional w/tax savings invested.
Replies: 11
Views: 1167

Re: What is my capital gains tax rate?

I can see from some other responses that I may have been looking at this the wrong way. Does the income from Capital Gains and Qualified Dividends fill the lower tax brackets for the purpose of calculating the taxable income even though they are taxed at a zero percent rate?
by Novine
Wed Dec 31, 2014 5:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: What is my capital gains tax rate?
Replies: 8
Views: 1175

Re: Roth vs. Traditional w/tax savings invested.

25% tax bracket in 2014 starts at $73,801 for married filing jointly. Do you expect to have that level of taxable income every year in retirement?
by Novine
Wed Dec 31, 2014 5:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional w/tax savings invested.
Replies: 11
Views: 1167

Re: Success! Our new 401K Plan with Lower Fees .. Funds Help

International stocks are down so that's a reason to avoid them?
by Novine
Wed Dec 31, 2014 5:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Success! Our new 401K Plan with Lower Fees .. Funds Help plz
Replies: 29
Views: 2364

Re: Can an RMD be undone in this situation?

Thanks for clarifying that. Well, at least I can let him know that he doesn't have to spend any time trying to undo that.
by Novine
Wed Dec 31, 2014 1:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can an RMD be undone in this situation?
Replies: 8
Views: 705

Re: Can an RMD be undone in this situation?

"Need Alan S. for this one............"

Agreed!
by Novine
Wed Dec 31, 2014 10:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Can an RMD be undone in this situation?
Replies: 8
Views: 705

Re: Can an RMD be undone in this situation?

In some other threads, I've seen comments that an RMD isn't eligible to be returned to his IRA. I'm wondering if that's true if he takes the RMD by the required date? The advantage comes from pushing that income into the 2015 tax year where he expects to have less income than he did in 2014. He was ...
by Novine
Wed Dec 31, 2014 12:08 am
 
Forum: Personal Finance (Not Investing)
Topic: Can an RMD be undone in this situation?
Replies: 8
Views: 705

Can an RMD be undone in this situation?

My father just took an RMD from his IRA because he thought he needed to complete that by December 31. But now he realizes that it would be more advantageous to delay that until 2015. This is his first year taking RMDs from his IRA so he has the option to defer that until April 1, 2015. I've read som...
by Novine
Tue Dec 30, 2014 11:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can an RMD be undone in this situation?
Replies: 8
Views: 705

Re: What is my capital gains tax rate?

We would need to know the nature of the dividends. How much, if any, are qualified dividends? That makes a difference on how they are taxed. Read more here.
by Novine
Tue Dec 30, 2014 3:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: What is my capital gains tax rate?
Replies: 8
Views: 1175

Re: Switching from Vangaurd Star to TSM

Where is your account? Taxable? IRA? If it's taxable, how long have you held it and would you be selling it for more than you purchased it (per share price?)
by Novine
Tue Dec 30, 2014 3:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Switching from Vangaurd Star to TSM
Replies: 3
Views: 542

Re: Index fund investing - now or wait

Same question asked in May 2013. How about 2012? Eventually, the market will go back down. But how long do you want to wait for that to happen?
by Novine
Mon Dec 29, 2014 11:48 pm
 
Forum: Investing - Theory, News & General
Topic: Index fund investing - now or wait
Replies: 7
Views: 1366

Re: Health Equity HSA--New Passive Plan

This is from earlier this year. Hi Novine, Thank you for your inquiry. To avoid the fee [$3.95/month HSA Admin Fee], you must maintain a balance greater than $2500 at the beginning of each month. If you are still covered under a qualified high deductible health plan (HDHP), you may be able to contri...
by Novine
Mon Dec 29, 2014 5:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Health Equity HSA--New Passive Plan
Replies: 66
Views: 10698
Next

Return to advanced search