Search found 2281 matches

by mhalley
Sun Aug 16, 2015 9:32 pm
Forum: Investing - Theory, News & General
Topic: Are we headed into a difficult period? [Telegraph "Doomsday" article]
Replies: 21
Views: 2465

Re: How Do You Ignore Headlines Like This?

You look at how many times similar doom and gloom headlines have failed to come true. Here are some past predictions.
http://fundreference.com/articles/2015/ ... ll-street/
Mike
by mhalley
Sun Aug 16, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: TSP I Fund vs. No International Exposure
Replies: 6
Views: 587

Re: TSP I Fund vs. No International Exposure

Bogle himself doesn't see the need for international exposure. http://www.cnbc.com/2015/01/26/be-wary-of-stocks-outside-the-us-bogle.html That being said, if you like the three fund portfolio, then using the i fund is not a mistake. I would liken it to using the s&p instead of total stock market...
by mhalley
Sun Aug 16, 2015 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead - Investment Change
Replies: 2
Views: 429

Re: New Boglehead - Investment Change

Depending on your income, you might want to go ahead and convert that 7k to a roth, so that going forward you can make the backdoor roth contributions. If you have no desire to do that, then I would consider stopping contributions to the Traditional and just do taxable investing. http://www.obliviou...
by mhalley
Sun Aug 16, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Buy or just keep renting
Replies: 3
Views: 681

Re: Buy or just keep renting

Also, do you have a 20% downpayment to avoid pmi? Do you have a six month emergency fund on top of this?
Mike
by mhalley
Sun Aug 16, 2015 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth question regarding spousal Roth and earned income
Replies: 2
Views: 176

Re: Roth question regarding spousal Roth and earned income

Yes, as long as the total income between you exceeds the maximum contribution, you can contribute. She could have zero income and still contribute the max.
Mike
by mhalley
Sun Aug 16, 2015 2:46 pm
Forum: Investing - Theory, News & General
Topic: From Betterment to Vanguard
Replies: 18
Views: 2686

Re: From Betterment to Vanguard

While everyone loves vanguard, schwab has a lower balance reqirement to get started. No minimum to start if you setup a $100 monthly direct deposit, and 100 minimum on index funds. http://www.schwab.com/public/schwab/investing/accounts_products/accounts/ira/roth_ira http://thefinancebuff.com/low-min...
by mhalley
Sat Aug 15, 2015 9:26 pm
Forum: Personal Consumer Issues
Topic: Can a bill dispute ruin our credit?
Replies: 30
Views: 2503

Re: Can a bill dispute ruin our credit?

Here is an article with diff scenarios. Starting fro a very good score, late drops about a hundred, foreclosure 160, bankruptsy 240.
http://www.creditcards.com/credit-card- ... s-1270.php
Mike
by mhalley
Sat Aug 15, 2015 7:01 pm
Forum: Personal Consumer Issues
Topic: Experience using cell phone tethering on 4G-LTE vs wifi for home internet
Replies: 25
Views: 2038

Re: Experience using cell phone tethering on 4G-LTE vs wifi for home internet

Even the phone cos that have "unlimited" data plans will throttle the speeds once you exceed there magic number, which makes using a phone as your home internet provider untenable unless you never watch youtube or netflix or any other online streaming source.
Mike
by mhalley
Sat Aug 15, 2015 3:53 pm
Forum: Personal Consumer Issues
Topic: Can a bill dispute ruin our credit?
Replies: 30
Views: 2503

Re: Can a bill dispute ruin our credit?

I guess I wasn't clear, but if the contract exists and has the renewal clause in it then I would not go the negative route. If the contract exists I would honor it.
Mike
by mhalley
Sat Aug 15, 2015 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Irrevocable Life Insurance Trust (ILIT) - worth it for term life and/or other purposes?
Replies: 52
Views: 2224

Re: Irrevocable Life Insurance Trust (ILIT) - worth it for term life and/or other purposes?

Sorry I misunderstood, I thought op meant 30 years was the term of the policy, not that it was term life insurance.
Mike
by mhalley
Sat Aug 15, 2015 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Part of Emergency Fund in CD Ladder?
Replies: 7
Views: 758

Re: Part of Emergency Fund in CD Ladder?

10 mos is actually a little conservative, as the general rec is 3-6 mos, but not out of line. The wiki gives a general rec of em fund as follows: "a multi-tiered emergency fund could consist of: 1. Three months of expenses in cash (bank account or money market fund) 2. The next three months of ...
by mhalley
Sat Aug 15, 2015 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Irrevocable Life Insurance Trust (ILIT) - worth it for term life and/or other purposes?
Replies: 52
Views: 2224

Re: Irrevocable Life Insurance Trust (ILIT) - worth it for term life and/or other purposes?

Whole life is generally not recommended on this board. The majority of people should have level term life insurance. It supposedly can have some estate planning purpose, for the very wealthy. Certainly a 2 doc household could become very wealthy. But looks like you are not very wealthy now, so maybe...
by mhalley
Sat Aug 15, 2015 2:51 am
Forum: Investing - Theory, News & General
Topic: Boglehead Robo-Advisor Spreadsheet
Replies: 12
Views: 2009

Re: Boglehead Robo-Advisor Spreadsheet

I played around with the ss, very nicely done, kudos.
Mike
by mhalley
Sat Aug 15, 2015 2:46 am
Forum: Investing - Help with Personal Investments
Topic: Animal cruelty free mutual Funds
Replies: 37
Views: 2337

Re: Animal cruelty free mutual Funds

Certainly we don't know how much thought op friend put into the decision to invest the way she does. My wife insists i invest in sr funds for her ira, but she put very little thought into it frm my perspective. For all we know op friend has a great pension or trUst fund and will be fine investing th...
by mhalley
Fri Aug 14, 2015 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with my American Funds?
Replies: 28
Views: 1524

Re: What to do with my American Funds?

Asset Allocation is one of the hardest parts of investment/retirement planning. On the one hand, you need to be aggressive enough so that your portfolio will grow enough to meet your needs in retirement, but not so aggressive that a stock market crash will put you behind in your overall plans. A gen...
by mhalley
Fri Aug 14, 2015 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Animal cruelty free mutual Funds
Replies: 37
Views: 2337

Re: Animal cruelty free mutual Funds

Think of it this way. Unless you buy an ipo, your money is not going to the company. Say you buy 100 shares of IBM. That money does not go to IBM, it goes to John Doe, who sold it to me. Whether you or John Doe owns its stock has no impact on IBM. IBM does not get money from you to put microchips in...
by mhalley
Fri Aug 14, 2015 10:11 pm
Forum: Personal Consumer Issues
Topic: Should car be repaired (airbag issue)?
Replies: 13
Views: 877

Re: Should car be repaired (airbag issue)?

Give it to your mother in law? :mrgreen:
Mike
by mhalley
Fri Aug 14, 2015 10:08 pm
Forum: Personal Consumer Issues
Topic: Can a bill dispute ruin our credit?
Replies: 30
Views: 2503

Re: Can a bill dispute ruin our credit?

It is certainly possible that this is correct. You have to look at the contract and see what it says. If it actually says this, then they have the right to the money and the right to report you being delinquent to the big 3. I would call the company and tell them this can go 2 ways: You can let me o...
by mhalley
Fri Aug 14, 2015 8:35 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth: How Long To Wait For Conversion?
Replies: 14
Views: 1436

Re: Backdoor Roth: How Long To Wait For Conversion?

The government can always decide at any point that the backdoor roth is not legal. Waiting a day, a week, even a year might not completely absolve you if the irs decides that you are violating the step transaction doctrine. It has been 5 years and no one has been audited and told they couldn't do th...
by mhalley
Fri Aug 14, 2015 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for beginner with low funds.
Replies: 14
Views: 808

Re: Investment advice for beginner with low funds.

Congratulations on thinking about this stuff at such a young age, you are well on your well to being a multi millionaire when you retire. The plan you outline is ok, but I don't really think it is necc. You are dealing with such a small amount of money at this point, in 30 years you will not notice ...
by mhalley
Fri Aug 14, 2015 3:20 am
Forum: Investing - Help with Personal Investments
Topic: Accessorizing VBIAX for core portfolio holding?
Replies: 3
Views: 402

Re: Accessorizing VBIAX for core portfolio holding?

I din't think we have enough info to give an educated response. If you Edit the questions in the standard format you will get better advice.
viewtopic.php?t=6212
Mike
by mhalley
Thu Aug 13, 2015 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Advice with Windfall
Replies: 8
Views: 1064

Re: Investment Advice with Windfall

A lot of your ideas for the windfall are good. The main thing is to take your time, there is no rush to allocate the windfall. The wiki has some good info. Depending on the size, keep this in mind: "Do nothing rash. Set aside one year's living expenses [note 2] and place the rest of the windfal...
by mhalley
Thu Aug 13, 2015 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Literacy in Military
Replies: 5
Views: 719

Re: Financial Literacy in Military

Article requires login. I wonder if they are looking at dave ramseys program, as i know he has one geared toward the service. Anyoe that has served or been to a base knows that there are ripoffs galore in the 2 miles adjacent to the base.
Mike
by mhalley
Thu Aug 13, 2015 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking help on portfolio - Should i consolidate?
Replies: 3
Views: 378

Re: Seeking help on portfolio - Should i consolidate?

If only i was a cpa that charged by the hour so i could get you as a client! At a minimum you should duMp either personal capital or betterment. PRef pc as they do individual stocks, which no boglehead likes.
Mike
by mhalley
Thu Aug 13, 2015 9:44 pm
Forum: Investing - Theory, News & General
Topic: Front-End Loads: Are They Really THAT Big of a Deal?
Replies: 60
Views: 4254

Re: Front-End Loads: Are They Really THAT Big of a Deal?

Hi there. Just wondered if i could have 5% of your investments. After all, it is only 5%, not that big a deal. You will hardly miss it at all! The stock market goes up and down that much all the time. Just pm me and i will give u my paypal info.
Thanks.
Mike
by mhalley
Thu Aug 13, 2015 9:39 pm
Forum: Personal Consumer Issues
Topic: Flower Garden/Landscape Bed Help
Replies: 8
Views: 545

Re: Flower Garden/Landscape Bed Help

You could look at some if the pre planned gardens suggested by some of the big garden suppliers, then post them fors fine tuning. A couple to start, google pre Planned garden http://www.bluestoneperennials.com/preplanned.html http://www.prairienursery.com/store/pre-planned-gardens#.Vc1T5p-COrU http:...
by mhalley
Thu Aug 13, 2015 8:17 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - Calendar does not pop up
Replies: 14
Views: 1623

Re: Windows 10 - Calendar does not pop up

So there you have it folks, windows 10 is such a great os it fixes itself! :)
Mike
by mhalley
Thu Aug 13, 2015 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: General question on 401(k) rollover
Replies: 8
Views: 508

Re: General question on 401(k) rollover

In addition to the backdoor roth advantage, 401k can offer increased protection in the event of lawsuits etc. Also, you may have access to a stable value fund that are not available in ira.
Mike
by mhalley
Thu Aug 13, 2015 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Notify SS when not taking SS at FRA ?
Replies: 9
Views: 808

Re: Notify SS when not taking SS at FRA ?

You don't need to notify them but you should file and suspend anyway. That way, if something happened and u suddenly became ill and had a poor life expectancy, you could get some money before you die. Of course this would negate the increase in benefits your spouse would receive. http://www.investme...
by mhalley
Thu Aug 13, 2015 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Non Deductable IRA
Replies: 24
Views: 1194

Re: Non Deductable IRA

You can do anything you want within an ira with no tax consequences or reporting to the ira. Buy, sell,exchange, all you want. Or as we recommend at bogleheads, rebalance once or twice a year.
Mike
by mhalley
Thu Aug 13, 2015 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Robo? [Betterment]
Replies: 14
Views: 1078

Re: Robo? [Betterment]

This doesn't apply to betterment, ( i don't know their exact strategy for picking their asset allocation) but paul merriman goes through his reasoning on how slicing a portfolio gives higher returns.
http://paulmerriman.com/the-ultimate-bu ... tegy-2014/
Mike
by mhalley
Thu Aug 13, 2015 12:06 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - Calendar does not pop up
Replies: 14
Views: 1623

Re: Windows 10 - Calendar does not pop up

Arrggh, but u didn't say if you did something to fix it or clippy the elf fixed it when you were asleep!
Mike
by mhalley
Thu Aug 13, 2015 2:07 am
Forum: Investing - Help with Personal Investments
Topic: Robo? [Betterment]
Replies: 14
Views: 1078

Re: Robo? [Betterment]

I am not quite sure what you mean by "decipher" the numbers, do you have a specific question? If I go to portfolio visualizer and put in the 60/40 3 fund portfolio as mentioned in the article, I can take the numbers up to 2015. I come out with cagr of 5.89%. I am actually surprised betterm...
by mhalley
Wed Aug 12, 2015 11:39 pm
Forum: Personal Consumer Issues
Topic: Windows 10 - Calendar does not pop up
Replies: 14
Views: 1623

Re: Windows 10 - Calendar does not pop up

Back to the original question, i found a similar q on the ms community and this answer was posted as a solution. Question: On the time in the tray it displays only the time and not the time plus month day year... ALSO....If you click on the time the calendar should popup...It does on all the other c...
by mhalley
Wed Aug 12, 2015 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Portfolios
Replies: 7
Views: 757

Re: Rebalancing Portfolios

Ahh, found another one, this one online. http://www.bee-man.us/finance/portfolio_rebalance.htm This looks like it might do the trick. Again, accuracy yada yada
Mike
by mhalley
Wed Aug 12, 2015 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing Portfolios
Replies: 7
Views: 757

Re: Rebalancing Portfolios

There are tons of spreadsheets out there. There used to be an easyallocator website but the guy that ran it took it down, would be nice if some nice boglehead could redo it. Anyway, here is an example of an excel sheet. It doesn't require individual price/number of shares, just uses dollar amounts, ...
by mhalley
Tue Aug 11, 2015 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6188

Re: Your First Job

Age 14, washing dishes at a local 4h camp in the summer. Then at 15 stock clerk, grocery bagger, etc at local supermarket. Then joined navy after hs, worked part time at sears auto center during college.
Mike
by mhalley
Tue Aug 11, 2015 11:41 am
Forum: Investing - Theory, News & General
Topic: Random Walk Down Wall Street - Sample Portfolio 2015
Replies: 21
Views: 2207

Re: Random Walk Down Wall Street - Sample Portfolio 2015

Even Vanguard has changed their recommendations multiple times over the last I don't know how many years. Look at their target retirement funds. They have adjusted the stock/bond ratio, increased the allocation to international, added international bonds, etc etc. I understand that you have to make ...
by mhalley
Tue Aug 11, 2015 11:29 am
Forum: Personal Consumer Issues
Topic: Anyone not own a Smartphone
Replies: 76
Views: 3882

Re: Anyone not own a Smartphone

My tendency to get lost is so bad my wife gave it a name. I suffer from Dysgeographea. I use a gps in my car and my smartphone to help out. I am really looking forward to see where I end up once the Altzheimers sets in. As to the smart phone, I used a flip phone with a $15 a quarter plan for years b...
by mhalley
Tue Aug 11, 2015 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Pay off Student Loan or Invest in Taxable
Replies: 11
Views: 875

Re: Pay off Student Loan or Invest in Taxable

I agree the amount and the interest rate makes it somewhat iffy about which way is best. You can always take a middle ground, pay off some and invest some. I like financial samuarais take on paying off debt. He uses a formula based on the interest rate. Basically you take 10 times the interest rate ...
by mhalley
Tue Aug 11, 2015 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Doing IRA rollover to Vanguard- should I convert to Roth IRA?
Replies: 1
Views: 168

Re: Doing IRA rollover to Vanguard- should I convert to Roth IRA?

There is no limit on conversions, only on contributions. If you do a conversion, you should pay the taxes from other funds, not let them withold the 20%. They withold 20% as a baseline, just somthe irs gets soething as they can't know your iverall tax situation. The taxes on the contribution would b...
by mhalley
Tue Aug 11, 2015 1:52 am
Forum: Investing - Help with Personal Investments
Topic: IRAs for 30-Something Couple, No 401K Benefit
Replies: 7
Views: 666

Re: IRAs for 30-Something Couple, No 401K Benefit

I think everone would agree the roth is the superior choice at the 15% bracket. Rolling the funds in the 401k would be reasonable if the fees are that high. The tr or ls fund would be fine.
Mike
by mhalley
Tue Aug 11, 2015 1:22 am
Forum: Investing - Help with Personal Investments
Topic: the great migration (moving from edward jones)
Replies: 24
Views: 1885

Re: the great migration (moving from edward jones)

Bond funds used to be more of a problem in taxable accounts when the yields were much higher. Not so much these days. The main thing is what her tax bracket is, if it is over 25% then she should use muni fund instead of total bond fund. People here will be happy to help her, but another option would...
by mhalley
Tue Aug 11, 2015 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Moving to a three fund portfolio
Replies: 11
Views: 981

Re: Moving to a three fund portfolio

You might consider increasing your bond allocation. Some have advocating never having more than 80% stocks, and others advocate having your age or your age minus 10 in bonds, depending on your ability, willingness and need to take risk. As to switching to a simpler portfolio, I think that is a good ...
by mhalley
Mon Aug 10, 2015 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Convert to Roth if you have a lot to convert?
Replies: 15
Views: 1096

Re: Convert to Roth if you have a lot to convert?

You can run the numbers through iorp to get an idea of what the best course would be.
http://www.i-orp.com/
Mike
by mhalley
Mon Aug 10, 2015 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Asset Protection
Replies: 35
Views: 3722

Re: Physician Asset Protection

WCI just posted that a book that he had recommended had an update. I have not read the book, but thought I would share the url.
http://www.rjmintz.com/asset-protection ... ss-owners/
Mike
by mhalley
Mon Aug 10, 2015 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Cash in my mattress
Replies: 8
Views: 1749

Re: Cash in my mattress

I will disagree about the lifestrategy and TR funds, as I am assuming that you are talking about investing mostly in a taxable account. Those funds are fine in tax deferred or roth, but you want to maintain the ability of tax loss harvesting in a taxable account. It sounds like you are relatively ri...
by mhalley
Mon Aug 10, 2015 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Diversifying Vanguard Roth IRA for new investor (age 27)
Replies: 3
Views: 340

Re: Diversifying Vanguard Roth IRA for new investor (age 27)

I don't see any overall plan associated with the funds mentioned. You have a sector fund, a growth fund, a small cap fund and a mid cap fund. We generally are not big fans of sector funds, but looking at the past returns of health care we do get a little jealous. The small and mid cap funds could be...
by mhalley
Mon Aug 10, 2015 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a new physician
Replies: 9
Views: 996

Re: Asset allocation for a new physician

Making the pro rata rule calculations make my head hurt, so it might be worthwhile to recharacterize the roth. You might do the calculations and see exactly what taxes you would owe. After 2 years your wife could change the simple ira to an individual 401k, then roll the traditional ira over to that...
by mhalley
Mon Aug 10, 2015 4:20 pm
Forum: Personal Consumer Issues
Topic: The case of the exploding vehicle sunroofs
Replies: 31
Views: 2499

Re: The case of the exploding vehicle sunroofs

When test driving suvs last year, we drove the land rover evoque. The entire roof of the car was one big inretractable sunroof. There was a sliding partition to keep the sun off, but the entire roof was one piece, no opening ability at all. I could not figure out the purpose of the design. If you le...

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