Search found 206 matches

by Sublime8700
Thu Sep 03, 2015 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance
Replies: 20
Views: 1593

Re: Umbrella Insurance

We rent our apartment and have no issues with the landlord.

We also (for now) rent a car as we are new in town. I am not entirely sure what the insurance policy is but I think it is very, very minimal given the price we are paying.
by Sublime8700
Thu Sep 03, 2015 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance
Replies: 20
Views: 1593

Umbrella Insurance

I've been advised that I (29 years old with a wife and two year old son) should have Umbrella Insurance.

Any advice on where to look or specific things to look for / avoid?

Thanks!
by Sublime8700
Sun Aug 23, 2015 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting / Avoiding Wash-Sale?
Replies: 1
Views: 104

Re: Tax Loss Harvesting / Avoiding Wash-Sale?

I'm presuming that I clearly can sell shares in the Vanguard Small Cap Index Fund and buy shares in the Vanguard Small Cap Value Index Fund and that also would avoid the Wash-Sale rule...?
by Sublime8700
Sun Aug 23, 2015 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting / Avoiding Wash-Sale?
Replies: 1
Views: 104

Tax Loss Harvesting / Avoiding Wash-Sale?

I just was "fortunate" enough to buy some shares in VFIAX (500 Fund) which have incurred a significant loss since I bought them in the last week. I have a far bigger holding in the Vanguard TSM Admiral shares. Would I be able to sell the loss in the 500 fund and buy shares in the TSM and a...
by Sublime8700
Fri Aug 21, 2015 2:10 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

Stupid question but: how are the money savings substantial when I'd need to pay an extra 10% CA state tax with CA Tax-Exempt Bonds vs. Intermediate Term Tax Exempt?

(I do like simplicity too) :)
by Sublime8700
Fri Aug 21, 2015 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell a fund that just went red?
Replies: 9
Views: 1099

Re: Should I sell a fund that just went red?

As someone who bought in fairly large a few days ago by chance and doesn't have carry-over TLH this seems to be an interesting idea. I'm not sure why this wouldn't make sense if you can avoid the wash-sale rule which I don't quite remember.
by Sublime8700
Tue Aug 18, 2015 1:06 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

Quite frankly this is a bit out of my paygrade - one of the things I like about BH is that it's so simple and I can set it / forget it and move on with my life. That said, I'm dealing with a significant amount of money. Perhaps it's time to get a fee-based financial advisor (not one that charges a %...
by Sublime8700
Tue Aug 18, 2015 12:27 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

And I noticed: To achieve a true intermediate term one wouldn't get intermediate term treasuries (muni) and intermediate term tax exempt (CA) but rather limited term treasuries and long term CA.... That's unfortunate because I just bought a bunch of the intermediate term federal treasuries... so I g...
by Sublime8700
Tue Aug 18, 2015 12:24 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

But there's no good reason not to have at least 50% in California Munis effectively is the upshot? Whether it's via half limited term/half long term or some other combination... And then half in intermediate term treasuries (muni) And that's a pretty solid mix of tax benefits and diversification? I'...
by Sublime8700
Mon Aug 17, 2015 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

Is there any reason to be more or less worried about California than other places? Or is that just priced in anyway?

Is the duration roughly the same or is there anything to worry about on that front?
by Sublime8700
Mon Aug 17, 2015 3:01 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

Am I Not more diversified by holding 100% intermediate term tax exempt as opposed to 50% California / 50% Intermediate Term Tax Exempt (I assume these are Federal?)

What would your advice be?
by Sublime8700
Thu Aug 13, 2015 3:40 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

Do you mind explaining the difference in just holding the intermediate CA Muni Bond fun between achieving a similar duration (admiral share cost) vs. 50% long-term/50% short/limited term?
by Sublime8700
Wed Aug 12, 2015 5:20 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

Re: California Munis / Federal Munis or 529?

I should add that the intermediate term bonds would be admiral shares.

And I'm considering keeping the Total Stock Market I have and adding VTCLX (Tax Managed Appreciation Fund) from now on as it seems similar with better tax consequences. (This may be dumb -- please tell me!)
by Sublime8700
Wed Aug 12, 2015 5:14 am
Forum: Investing - Help with Personal Investments
Topic: California Munis / Federal Munis or 529?
Replies: 21
Views: 1550

California Munis / Federal Munis or 529?

I hold some intermediate term tax-exempt bonds: (VWIUX) As a resident of California (in a high tax bracket (age 28) with $2.5 million in assets would it make sense from a tax perspective to hold California Tax Exempt Intermediate Term Municipal Bonds (VCADX) as I live in California? This is strictly...
by Sublime8700
Thu Jun 18, 2015 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Betterment thoughts?
Replies: 5
Views: 1052

Betterment thoughts?

Does anyone have any experience with www.betterment.com ?

Seems to be boglehead-ish with low costs, Tax loss harvesting, and rebalancing.

Curious what people think...
by Sublime8700
Tue Apr 07, 2015 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

BTW is there any good way to get your FICO score without spending $50 on Experian?
by Sublime8700
Tue Apr 07, 2015 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

So I paid everything off early and now it appears experian and transunion are ~ 750 but equifax is still 630 which I suspect is due to slow reporting...

Thanks for the pointer to credit karma!
by Sublime8700
Tue Mar 17, 2015 4:00 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

I'm going to do an experiment and (have already) paid everything down to $0.

I now have 2 late payments of trivial amounts in 8 years and nothing else on my report.

Anyone want to hazard a guess at where I'll be in 60 days presuming it stays this way?
by Sublime8700
Tue Mar 17, 2015 3:53 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

The OP is wasting his and everyone else's time. There has to be something going on here that will show up on his credit reports. Get the %$#@ reports. By the way, unless the OP has giant megabucks, that is an incredible amount of credit to have available, imho. I re-re-reviewed my credit report tod...
by Sublime8700
Mon Mar 16, 2015 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

Blah - but I thought I wasn't supposed to check my credit score more than once a year ("hard pull") and I did it a month ago and it said 650 :(
by Sublime8700
Mon Mar 16, 2015 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

Thanks for all the help guys. I think the big question is what's up with the 100 point drop. Not that I was 650 before.
by Sublime8700
Mon Mar 16, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

DSInvestor wrote:You may have zero balance on the 130K of credit that you know of. What if there were things that you're not aware of? Pull your credit reports just in case.


Fair enough. But the $130,000 was from the Credit Reports I pulled...
by Sublime8700
Mon Mar 16, 2015 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

(My only sin would be applying for (and getting approved for - in the past) rewards credit cards.)

The only reason this bothers me is because suddenly I can't get approved for any credit card -- for no reason.
by Sublime8700
Mon Mar 16, 2015 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

Guys - I suppose I have $130,000 or so of revolving credit from a few credit cards with $35k limits. The only reason I am even remotely close to using $30,000 etc. is because I have a lawyer that takes credit cards. I have never, ever carried a balance. I may have, at some point in the last 8 years,...
by Sublime8700
Mon Mar 16, 2015 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

OK. I have to ask: what's fair Isaac? :)
by Sublime8700
Mon Mar 16, 2015 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

I was at 30% (I thought this was low).

I'm now at 0%.

In 1-2 month I should experience a significant bounce it seems. I was under the wrong impressions about what "high" was -- I thought I was actually building credit by building balances and paying them down without fail (in full). Oops.
by Sublime8700
Mon Mar 16, 2015 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

Does it bounce right back up if I pay everything off (even early) and so there is 0%-5% utilization out of $150,000 or whatever?
by Sublime8700
Mon Mar 16, 2015 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

One of the payments was for $100.

The other one was paid immediately once the bank was changed.

Is that really going to tank an 8 year perfect history? (realistically -- am I naive?)
by Sublime8700
Mon Mar 16, 2015 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Re: Credit Report Very Low For No Reason? Fixing it?

What will it tell me?

And is there any validity to the services that offer to "clean up" your credit score (I don't know why mine isn't clean!)
by Sublime8700
Mon Mar 16, 2015 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3901

Credit Report Very Low For No Reason? Fixing it?

Hi - About a month ago I pulled my credit report for the first time for a lease. I have about $150,000 of credit and only about 20% was used (it was pending auto-payment so it wasn't late). There were 2 late payments in 8 years (likely owing to not setting up auto-payment correctly) and no collectio...
by Sublime8700
Fri Mar 06, 2015 10:17 am
Forum: Investing - Help with Personal Investments
Topic: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax
Replies: 17
Views: 2091

Re: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax

So in California in the highest tax bracket.... this would make sense instead of TSM....
by Sublime8700
Fri Mar 06, 2015 2:06 am
Forum: Investing - Help with Personal Investments
Topic: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax
Replies: 17
Views: 2091

Re: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax

As an aside: reading about the Tax Managed Capital Appreciation fund it sounds like it's not all that different from the TSM besides it's more weighted towards mid caps than large caps. The volatility would be greater but it would go up when stocks were up and down when stocks were down more or less...
by Sublime8700
Fri Mar 06, 2015 2:02 am
Forum: Investing - Help with Personal Investments
Topic: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax
Replies: 17
Views: 2091

Re: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax

Seems like for ease and peace of mind because I have other things to do with my life than fret over investments and tax consequences when I don't know much and there are simple solutions... Putting it in the TSM would be a fine decision. It would probably make sense to take the tax advantages and di...
by Sublime8700
Thu Mar 05, 2015 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax
Replies: 17
Views: 2091

Re: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax

I thought I should be avoiding dividends and Cap Gains will be whatever the are in 20 years... but at least they won't get taxed annually as ordinary (dividend) income?

Or do I have it wrong?
by Sublime8700
Thu Mar 05, 2015 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax
Replies: 17
Views: 2091

Re: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax

Is my thinking correct in trying to avoid dividends here?

Seems there are ample solutions.
by Sublime8700
Thu Mar 05, 2015 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: $60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax
Replies: 17
Views: 2091

$60,000 for 2 Year Old - Where to Invest Re: Kiddie Tax

I'm lucky enough to have a 2 year old son who has been given about $60,000 by various parties. He has a 529 I set up years go. The money is currently sitting in a bank account. I'd like to invest it in a taxable account for him in stocks. Mindful of the "Kiddie Tax" rule, it seems I won't ...
by Sublime8700
Wed Jan 21, 2015 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Cash benefit plan/Sep Ira
Replies: 8
Views: 593

Re: Defined Cash benefit plan/Sep Ira

Is that for any amount of contributions? Let's say someone was able to contribute $200,000 a year?
by Sublime8700
Sun Jan 18, 2015 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Cash benefit plan/Sep Ira
Replies: 8
Views: 593

Re: Defined Cash benefit plan/Sep Ira

I've never really heard of this and did a bit of research but it seemed like it was geared towards older people. If one was a 30 year old with maxed-out sep-IRAs each year (but was an entrepreneur and didn't get a salary or work for a company) but could make large annual contributions, would this ma...
by Sublime8700
Wed Dec 17, 2014 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities and Legal Settlements
Replies: 17
Views: 1565

Re: Annuities and Legal Settlements

This is actually quite an interesting and not straightforward question. The two main issues are constructive receipt (I can't have that) and economic gain (I can have that). I have had three accountants review the matter and two said they were not sure and one said he thought it worked. I also had t...
by Sublime8700
Tue Dec 09, 2014 2:33 am
Forum: Investing - Help with Personal Investments
Topic: Annuities and Legal Settlements
Replies: 17
Views: 1565

Re: Annuities and Legal Settlements

I have had my CPA, a US Tax Lawyer, and a U.K Trusts lawyer look at the issue. None have raised the slightest concerns about the legality. Perhaps it's not entirely clear but the idea is that I would not have constructive receipt of the funds. I wouldn't even be getting an annuity. An annuity would ...
by Sublime8700
Mon Dec 08, 2014 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Annuities and Legal Settlements
Replies: 17
Views: 1565

Re: Annuities and Legal Settlements

FYI:

Here's a link to the tax brackets:

http://bit.ly/1zibMaW
by Sublime8700
Mon Dec 08, 2014 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Annuities and Legal Settlements
Replies: 17
Views: 1565

Re: Annuities and Legal Settlements

The other factor to consider would be state taxes. I currently live outside the US and don't pay state taxes. That will change. Or might. I could move to Florida -- or I could move to New York. That's a huge difference. It seems that a variable annuity would provide some investment options so that t...
by Sublime8700
Mon Dec 08, 2014 1:14 am
Forum: Investing - Help with Personal Investments
Topic: Annuities and Legal Settlements
Replies: 17
Views: 1565

Re: Annuities and Legal Settlements

The options would be: 1) A trust (or escrow) effectively 2) Having the company pay me over years 3) An annuity 4) Taking a huge tax bill on the chin I don't really know anything about annuities. Wouldn't a Vanguard Annuity be a decent option? I looked for a bit and seemed there were tons of differen...
by Sublime8700
Sun Dec 07, 2014 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities and Legal Settlements
Replies: 17
Views: 1565

Annuities and Legal Settlements

Imagine the following: - You are a U.S Citizen that is in the highest tax bracket but expects that to not be the case in the future. - You are negotiating a legal settlement for (let's say $1,000,000) - The company and potential sum is located in Europe and you have no access to it - You would like ...
by Sublime8700
Thu Nov 20, 2014 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Ordering Common Sense Investing in Other Languages
Replies: 0
Views: 176

Ordering Common Sense Investing in Other Languages

Hi All --

For the holidays, I would like to get Jack Bogle's The Little Book of Common Sense investing -- but I'd like to get it in Hungarian.

Anyone have any ideas?

Thanks!
by Sublime8700
Mon Jul 07, 2014 11:25 am
Forum: Personal Finance (Not Investing)
Topic: windfall legal settlement - tax treatment?
Replies: 13
Views: 1874

Re: windfall legal settlement - tax treatment?

Sorry, I just the right terms would be:

1) settlement (privately agreed by the parties to pay to make a deal one party didn't like end)

2) judgement (handed down by the court concerning damages for income lost as a result of improper breach)
by Sublime8700
Mon Jul 07, 2014 11:21 am
Forum: Personal Finance (Not Investing)
Topic: windfall legal settlement - tax treatment?
Replies: 13
Views: 1874

Re: windfall legal settlement - tax treatment?

The settlement would be business related. It would be for "damages" for a company terminating a contract without cause, and the damages would be for whatever the court decides would "make me whole" for the act of taking away the contract without any reason. I don't know where tha...
by Sublime8700
Thu Jul 03, 2014 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: windfall legal settlement - tax treatment?
Replies: 13
Views: 1874

Re: windfall legal settlement - tax treatment?

I'm really not sure I understand the Pain and Suffering joke.

I assume you just mean I'm going to get taxed and there's no good way around it? Or something else.
by Sublime8700
Wed Jul 02, 2014 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: windfall legal settlement - tax treatment?
Replies: 13
Views: 1874

windfall legal settlement - tax treatment?

Let's say believed you were likely to receive a windfall legal settlement. For the purposes of discussion: Scenario 1: Let's assume the settlement was some combination of past owed debt that had not been taxed in the previous tax year due to uncertainty regarding the amount and being on extension. S...
by Sublime8700
Fri Apr 11, 2014 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Making a Will (Young Couple)
Replies: 16
Views: 1557

Re: Making a Will (Young Couple)

Any good links on the forum? I'd love to read them.

Was thinking specifically about online services people really like.

The wisdom is invaluable.

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