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Re: IRS Announces new 401(k) contribution max for 2015 ($18,

I'm nearly 71 but I don't have to take RMD's as I'm working for the company where I have my 401K. This is the one exception to the rule that you have to take RMD's at 70 1/2. My company's Plan requires the Roth contributions to be in the 401K for 5 years before I can roll them over. So they will co...
by ray.james
Sun Oct 26, 2014 4:42 pm
 
Forum: Investing - Theory, News & General
Topic: IRS Announces new 401(k) contribution max for 2015 ($18,000)
Replies: 50
Views: 7088

Re: IRS Announces new 401(k) contribution max for 2015 ($18,

More money on which to pay RMDs! I'm exempt at the moment as my 401K is with my current employer. I'm not making Roth 401K contributions as they will count towards RMDs unless the money has been there for 5 years . I plan to retire in 4 years. confused...How will they count towards RMD? could you e...
by ray.james
Thu Oct 23, 2014 8:03 pm
 
Forum: Investing - Theory, News & General
Topic: IRS Announces new 401(k) contribution max for 2015 ($18,000)
Replies: 50
Views: 7088

Re: Mr. Market turns on Amazon

Amazon has constantly invested their profits to make more money. They actually do make money on retail business. The last 2 misses were more due to phone and other costs.

But yeah at 75B revenue they better show atleast 1% profit :P
by ray.james
Thu Oct 23, 2014 8:00 pm
 
Forum: Investing - Theory, News & General
Topic: Mr. Market turns on Amazon
Replies: 42
Views: 4420

Re: Headed for a 300+ point loss today?

I transferred some money to taxable account...banking on the fact that this is a month of 3 biweekly checks. International looks very good to me...I will take 4% dividend, and not care if it goes more lower. As it turns out...my contributions over last 2 years are barely in positive purely due to di...
by ray.james
Wed Oct 15, 2014 1:57 pm
 
Forum: Investing - Theory, News & General
Topic: Headed for a 300+ point loss today?
Replies: 445
Views: 30536

Re: It's a good day to be heavy in REITs

Nisi, I think using Reit's data only from 2008/2009 could skew the outcome and magnify reits being more risky. Since the crisis itself is based on sub prime lending. That said they are riskier than total stock. I am surprised international are rated as risk 5 and not 4. I thought it was emerging mar...
by ray.james
Tue Oct 14, 2014 4:49 pm
 
Forum: Investing - Theory, News & General
Topic: It's a good day to be heavy in REITs
Replies: 42
Views: 3991

Re: Exercise Posts

I am 28 now and I was gifted a bull worker by my eldest uncle who is in late 50's now. It was gift, when I was in first of college. These things last quite long. Last I knew, it is still in my younger cousins house in good condition; after 25-30 years and 5th user. It was little boring to use all by...
by ray.james
Tue Oct 07, 2014 3:09 am
 
Forum: Personal Consumer Issues
Topic: Exercise Posts
Replies: 22
Views: 2442

Re: Health Care FSA Questions

As per IRS, they will need a receipt which states the procedure/services are used with date. Just a credit statement for medical would not suffice. I would wait for other members to confirm this/if anyone has success otherwise. I am not sure about your amount, but FSA can only be 2500 per person/500...
by ray.james
Sat Oct 04, 2014 5:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Health Care FSA Questions
Replies: 5
Views: 317

Re: Health Care FSA Questions

Hello sunnyday, Unfortunately that is not possible. FSA funds only pay for the current year expenses(you can only make claims until next year January). If there are post expenses like therapy for few months etc, you can probably manage to have them into next year. Fsa money goes back to employers fr...
by ray.james
Sat Oct 04, 2014 4:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Health Care FSA Questions
Replies: 5
Views: 317

Re: HSA in foreign country

Preface: I do not know the legal answer, but a mere opinion. I have wondered the same thing about the 529 plan, 401k. From what I understand, a US citizen/non us citizen always have the same benefits on Taxation and need to file taxes for US sourced income . However the foreign government would not ...
by ray.james
Sat Oct 04, 2014 4:18 pm
 
Forum: Investing - Theory, News & General
Topic: HSA in foreign country
Replies: 3
Views: 411

Re: GF leaving advisor, help needed

If she bought WF brokerage funds recently, some of the funds have freq trading exit fees within 90days.

Vanguard shouldn't charge for rollover and was able to merge my multiple 401k rollovers. But Wells Fargo might charge exit fee per account. Sometimes 150-300$.
by ray.james
Sat Oct 04, 2014 3:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: GF leaving advisor, help needed
Replies: 22
Views: 2514

Re: Pizzasteve and others: my real estate question

I'll also just state the question underlying this real estate pondering: I'm trying to evaluate our investment options once we sell the house and have a larger pot of money to manage than we have ever had before. So far I see it as: 1) invest in stocks/bonds/??? mix 2) buy a rental property 3) comb...
by ray.james
Sat Oct 04, 2014 3:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to look at real estate ROI
Replies: 21
Views: 2257

Re: JPM Chase hacked

They filed 8k, which is how I think this came out. (no press release.) I did not see other bank names though.

http://investor.shareholder.com/jpmorganchase/secfiling.cfm?filingID=1193125-14-362173
<unlike usual 8K's, this is simple to read :) >
by ray.james
Thu Oct 02, 2014 10:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: JPM Chase hacked
Replies: 13
Views: 1883

JPM Chase hacked

JPM chase was hacked in June/July. Details: http://dealbook.nytimes.com/2014/10/02/jpmorgan-discovers-further-cyber-security-issues/ Compromised details: Phone numbers, addresses, names. 76-85 million customers. As per regulatory filings this seems more than just checking and savings account total. ...
by ray.james
Thu Oct 02, 2014 8:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: JPM Chase hacked
Replies: 13
Views: 1883

Re: When should someone "not stay the course"?

I am 50% international, so last month was close to 3.5-4% loss in 1 month(10% in international small over 3 months.). It was a bad feeling. However, today morning I am back to OK. Every first week of the month, I open my excel, enter the round figures of account balances(401k, roth etc) and write a ...
by ray.james
Wed Oct 01, 2014 2:50 pm
 
Forum: Investing - Theory, News & General
Topic: When should someone "not stay the course"?
Replies: 43
Views: 2570

Re: Contribute 401k or Roth IRA? AA across tax-deferred and

I have faced somewhat similar situation and I live in CA. I have decided to use as much tax deferral as possible when I am in 25% + 9.3 as moving to another state is possible. In years when only one of us earns I plan to convert rollover->roth until I hit 25% tax bracket. Another thing to consider, ...
by ray.james
Wed Oct 01, 2014 12:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Contribute 401k or Roth IRA? AA across tax-deferred and Roth
Replies: 12
Views: 1229

Re: Will you invest in Bill Gross's new bond fund?

http://www.businessweek.com/articles/2014-09-30/bill-grosss-investing-secret-a-rising-market-and-extra-risk The article has less proofs/charts, so take it with limited view. But it essentially argues gross has always taken higher risk during the great bond decades and thereby achieved higher return...
by ray.james
Tue Sep 30, 2014 9:26 pm
 
Forum: Investing - Theory, News & General
Topic: Will you invest in Bill Gross's new bond fund?
Replies: 51
Views: 2905

Re: History of U.S. Inflation — Appearances Can Be Deceiving

I am trying to understand why inflation volatility is so high back in the day. Is that because of gold standard or just the fact that economies are not as interconnected/trusted back in the day. Today fed can raise cash by selling bonds very easily, versus back in 1930's where only few countries can...
by ray.james
Fri Sep 26, 2014 2:05 pm
 
Forum: Investing - Theory, News & General
Topic: History of U.S. Inflation — Appearances Can Be Deceiving
Replies: 16
Views: 2436

Re: It's pretty freaky watching your stocks go up & down all

. Anyone with 10, 20 years of added accumulation, shouldn't be focused on any one specific day, or month, or perhaps even year (other than to rebalance). That said, I wonder how many are "freaking" out as I write. Some ETFs of interest (to me). VBR 100.60 -1.32 VCIT 85.82 0.15 VCSH 79.93 ...
by ray.james
Thu Sep 25, 2014 1:21 pm
 
Forum: Investing - Theory, News & General
Topic: It's pretty freaky watching your stocks go up & down all day
Replies: 60
Views: 5742

Re: Should I get a HSA? (Health Savings Account)

HSA are awesome for tax savings. However, like Kazper, in my company, I have to pay 100$ more per paycheck to use the HSA.(2 people) Not to mention 3K worst case scenario. So I skipped using it. My previous company used to contribute 50% of maximum deductible into HSA(So 1.5k in this case). If that ...
by ray.james
Thu Sep 25, 2014 10:52 am
 
Forum: Investing - Help with Personal Investments
Topic: Should I get a HSA? (Health Savings Account)
Replies: 14
Views: 1025

Re: Cast Iron Skillet Cooking

Is it faster to cook in cast iron than aluminium?
I use aluminium(anodized) and stainless steel now. Can cast iron be used for broths/lentils-legumes roasts? (in addition to meat)

I miss the slight burnt parts of meat adding nice taste from my grandma days :)
by ray.james
Wed Sep 24, 2014 2:00 pm
 
Forum: Personal Consumer Issues
Topic: Cast Iron Skillet Cooking
Replies: 107
Views: 9556

Re: [news expats]Renunciation of Citizenship fee hiked to 23

Filing taxes on the foreign income. It used to be okay, since people just file the taxes and claim the deductions. Then FACTA, FBAR restrictions were introduced. This is painful as one might have many accounts; and should go on lengths to document all cash bank account with >10k. The exit tax was do...
by ray.james
Thu Sep 18, 2014 12:53 am
 
Forum: Investing - Theory, News & General
Topic: [news expats]Renunciation of Citizenship fee hiked to 2350
Replies: 8
Views: 960

Re: Question about popularity of HSAs

Another things that goes unmentioned: HSA does not have RMD. Even if you never use them, helps to plan retirement money.
by ray.james
Wed Sep 17, 2014 8:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Question about popularity of HSAs
Replies: 23
Views: 1414

[news expats]Renunciation of Citizenship fee hiked to 2350

Renunciation of Citizenship fee hiked to 2350 from 400. This might be of interest to expats given that the worldwide taxation is leading to more renunciation. If the current department moves are any indication, the exit tax will be spiked in future. http://www.state.gov/r/pa/prs/ps/2014/231128.htm
by ray.james
Wed Sep 17, 2014 5:43 pm
 
Forum: Investing - Theory, News & General
Topic: [news expats]Renunciation of Citizenship fee hiked to 2350
Replies: 8
Views: 960

Re: 100% Stock Thread Collection

At first, I used to feel the same way. I used to plot all sorts of charts to get 100% stock returns equivalent at reduced volatility by using crazy asset classes, leverages, etc etc... Another thing I used to subscribe a lot, us dollar is ending being reserve currency and suddenly, US goes bankrupt....
by ray.james
Tue Sep 02, 2014 8:59 pm
 
Forum: Investing - Theory, News & General
Topic: 100% Stock Thread Collection
Replies: 93
Views: 5631

Re: S&P500 over 2000

Just to throw ...some sadness
It took S&P 16 years to go from 1000 to 2000 - to double; if you consider dividends account for inflation :)
by ray.james
Mon Aug 25, 2014 1:41 pm
 
Forum: Investing - Theory, News & General
Topic: S&P500 over 2000
Replies: 68
Views: 5573

Re: Student Loans (100k+ with Sallie Mae) & Retirement

I started at ~40k, 2 loans at 9 and 11%. I would second to payoff 6k loan for psychological benefit and also cash flow. I also used a 0% apr CC to put off living expenses on card for 1.3 years to focus on loans. Hope it helps. Also, when you pay off one of the loan, you can scout for interest reduct...
by ray.james
Tue Aug 05, 2014 1:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Student Loans (100k+ with Sallie Mae) & Retirement
Replies: 16
Views: 1386

Re: Roth ira distribution unreported to IRS.

Just to update this thread, I filed a 8606 form and got the issue resolved. FYI, IRS responses to my reply mentioned they don't need a 1040X and 8606 is standalone.(However i am free to do so.) In my conversation with them, I also realized, it is very rare for them to ask 5498, as every detail is in...
by ray.james
Mon Jul 28, 2014 5:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth ira distribution unreported to IRS.
Replies: 5
Views: 1107

Re: P/E Ratio: How do YOU interpret/use it?

I'm relatively new to finance and I've come across people using the P/E ratio in pretty wildly different ways. I just talked to someone who used to work as a financial advisor who told me that once a P/E ratio hits 40, then you should look to take your money out of stocks, because that is signaling...
by ray.james
Tue Jul 22, 2014 12:27 am
 
Forum: Investing - Theory, News & General
Topic: P/E Ratio: How do YOU interpret/use it?
Replies: 26
Views: 1436

Re: Q&A with the Experts at 2014 Bogleheads Conference

Thank you Mel for doing this. 1) This is a broad question, but for a general discussion if you think it will yield something actionable/understand the aspects: Given the mantra, 'life style and spending won't increase without pay rises', would the future education costs continue to rise as rapidly. ...
by ray.james
Sat Jul 12, 2014 6:02 am
 
Forum: Investing - Help with Personal Investments
Topic: Q&A WITH THE EXPERTS AT THE 2014 BOGLEHEADS CONFERENCE
Replies: 37
Views: 13201

Re: EM Returns - long term

Given that most EMs only embraced capitalism 20-30 years ago, I wouldn't project these returns going forward. Emerging markets were really non-existent for most of those 114 years. Over the next 114 years, I'd expect them to become about 80% of the global stock market. As I noted in another thread,...
by ray.james
Thu Jul 10, 2014 3:00 am
 
Forum: Investing - Theory, News & General
Topic: EM Returns - long term [Emerging Market]
Replies: 34
Views: 3551

Re: Why do companies put up with high expense 401k choices?

At our workplace, I believe the 401k provider is not charging our company anything. There is flat fee of 15$ per 401k customer per quarter. Except TR funds which are at 0.1% everything else is in 0.4-0.8% range. While not horrible, given they charge for account fees, this is high. With 5-10k employe...
by ray.james
Thu Jul 10, 2014 1:50 am
 
Forum: Investing - Help with Personal Investments
Topic: Why do companies put up with high expense 401k choices?
Replies: 15
Views: 1586

Re: Roth ira distribution unreported to IRS.

Hi Allan, Thanks for the response. The column 7 is showing "J". (early distribution of Roth). Also 2b is checked"Taxable amount not determined." I did not use 8880 before. However I cannot find 5498 from the old documents, which as per IRS is the form for my information. I am won...
by ray.james
Thu Jul 10, 2014 1:30 am
 
Forum: Investing - Help with Personal Investments
Topic: Roth ira distribution unreported to IRS.
Replies: 5
Views: 1107

Roth ira distribution unreported to IRS.

Hello everyone, I got a letter from IRS asking for back taxes for tax year 2011(transaction happened in 2011. taxes filed in 2012. Do we call this this tax year 12 or 11?). I forgot to file Roth IRA contributions and also removed the same money without profit. I am unsure how to prove this and repor...
by ray.james
Wed Jul 09, 2014 8:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Roth ira distribution unreported to IRS.
Replies: 5
Views: 1107

Re: How many veteran investor have LARGE MAJORITY in three-f

I am 80% in three fund/vanguard TR equivalent which is a three fund portfolio. Only tilt is international small/emerging depending on value.
by ray.james
Wed Jul 09, 2014 2:02 pm
 
Forum: Investing - Theory, News & General
Topic: How many veteran investor have LARGE MAJORITY in three-fund?
Replies: 56
Views: 3999

Re: DOW history: companies by market share and decade(CNBC)

What happened in 2004? Was that caused by the apparent entry of Pfizer and Verizon and Pfizer into the index? It seems to me that this is a graphic illustration of what's wrong with the Dow as an index! Also a problem with the presentation--it's actually quite hard to see which companies entered an...
by ray.james
Thu Jul 03, 2014 2:19 pm
 
Forum: Investing - Theory, News & General
Topic: DOW history: companies by market share and decade(CNBC)
Replies: 12
Views: 1218

DOW history: companies by market share and decade(CNBC)

This popped up in my new feed and turned out to be quite an interesting graph/info. http://www.cnbc.com/id/101791689 titled: A visual tour of the Dow 30 index It shows all the markets on a graph, with width showing market share. Very interesting to see how many companies perished, how many were rebo...
by ray.james
Thu Jul 03, 2014 5:01 am
 
Forum: Investing - Theory, News & General
Topic: DOW history: companies by market share and decade(CNBC)
Replies: 12
Views: 1218

Re: Loan Payoff Strategy, Which to Pay Off First

If cash Flow is your concern, paying off the car would improve the immediate cash flow. The next 80k can go towards the loan with lowest amount or the loan with highest after tax interest rate. The first choice will free you from rental1 payment in 12-14 years and the second choice will minimize the...
by ray.james
Sat Jun 28, 2014 3:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Loan Payoff Strategy, Which to Pay Off First
Replies: 29
Views: 1777

Re: Betterment launches tax loss harvesting

For the cost, their features seems impressive. With out a doubt their ER's will be in the losing range. I wonder, if the economy of scales don't hit soon, they would compensate by increasing ER's/ push products. Overall pretty excited with next generation investment startups. They are disrupting tra...
by ray.james
Fri Jun 27, 2014 2:11 am
 
Forum: Investing - Theory, News & General
Topic: Betterment launches tax loss harvesting
Replies: 31
Views: 4845

Re: NY Times: Not enough younger investment advisors

A few weeks ago our 401k provider, JPMorgan sent out "try investor for free for 3 months." If not satisfied, no charges incurred. The fees being some 0.45-0.6% per year. I see some heavy promotion on it; so far 3 posts to the home and more work emails last 5 months. This seems to be the ne...
by ray.james
Thu Jun 26, 2014 4:15 am
 
Forum: Investing - Theory, News & General
Topic: NY Times: Not enough younger investment advisors
Replies: 72
Views: 7815

Re: Am I Nuts?

What do you intend to do with your house; based on public opinion/sentiment?

Is the mortgage part of the current house or prior one?
by ray.james
Thu Jun 26, 2014 1:30 am
 
Forum: Personal Finance (Not Investing)
Topic: Am I Nuts? [Purchased "forever house," planning addition]
Replies: 34
Views: 2844

Re: I Bonds 5.27% interest

At current fixed rates of 0.1%, I do not understand the love I bonds receive today. Can someone enlighten? If the the idea is these are cash replacement/savings account with inflation protection, I can understand. Is it purely to counter 1980's style inflation risk? On the returns side, I don't see ...
by ray.james
Sun Jun 22, 2014 3:49 pm
 
Forum: Investing - Theory, News & General
Topic: I Bonds 5.27% interest
Replies: 33
Views: 3813

Re: Bernstein: A Decade of Super-Low Returns

One of the issues with mean to reversion is mean value is slightly moving target as market get efficient and stability of the countries improve. 40 years ago...mean average of people would have been ready to take PE10 of 15 as an average. Today people are happy even with PE10 of 18 because of histor...
by ray.james
Mon Jun 09, 2014 6:10 pm
 
Forum: Investing - Theory, News & General
Topic: Bernstein: A Decade of Super-Low Returns [1.4% for 60/40]
Replies: 207
Views: 18060

Re: What are you doing with the market at an all time high?

I re-balanced to EM in my international 50% allocation. Just a value proposition.
Also, the forward P/E of US market is still under 20...absolute number high mean nothing?
by ray.james
Mon Jun 09, 2014 11:55 am
 
Forum: Investing - Help with Personal Investments
Topic: What are you doing with the market at an all time high?
Replies: 95
Views: 6678

Judge agrees selling home over 6.30 missed interest payment

This popped up in my google news...A very sad story. The lady missed a 6.30 interest payment on the taxes owed(It is unclear from article if it is interest on the penalty or she just paid the amount without considering the accrued interest to payment date.) and the tax collections sold the house. It...
by ray.james
Mon Apr 28, 2014 5:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Judge agrees selling home over 6.30 missed interest payment
Replies: 5
Views: 2723

Re: Mel's Unloved Mid-Caps Finally Getting Some Respect

My comments were (and are) aimed primarily at the slice-and-dice crowd, and had nothing to do with REITS or LT Bonds. In fact, my 2000 exchange on M* with my good friend, Larry Swedroe (a proponent of S&D), was that mid-caps alone might be a better choice for investors than any combination of l...
by ray.james
Mon Apr 21, 2014 6:21 pm
 
Forum: Investing - Theory, News & General
Topic: Mel's Unloved Mid-Caps Finally Getting Some Respect
Replies: 46
Views: 4534

Re: Do you use a dry powder/tactical asset allocation strate

I don't have any certain strategy but did think about it. If P/E is under 14 due to market decline...I will route my new money to that stock/asset class only, and may tilt by 5-10% to it, at under adjusted P/E 11 levels. I don't base on market drops. The only asset class right now at low levels is E...
by ray.james
Mon Apr 21, 2014 6:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do you use a dry powder/tactical asset allocation strategy?
Replies: 30
Views: 3237

Re: POLL: why carry cash?

In ca, when I drive along CA-1 etc, I try to stop at ice cream, roadside mom and pop shops that only take cash. but the amount never goes more than 100 and replenish once it goes under 20.

Also a Indian and Thai restaurant in our place...gives 5% discount for cash.
by ray.james
Sat Apr 19, 2014 5:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: POLL: why carry cash?
Replies: 243
Views: 14101

Re: *poor* Bogleheads

Every once in a while when I see networth, 100K by age etc threads, I share the feeling you mentioned. Out of school for 6 years, I still have a lot of friends struggling. . However in most cases people post their question and a lot of bogleheads respond with sound advice to their "situation&qu...
by ray.james
Fri Apr 18, 2014 5:13 am
 
Forum: Forum Issues and Administration
Topic: *poor* Bogleheads
Replies: 78
Views: 13396

Re: Did not have fun this year doing my taxes- TT

Taxes in general were never fun. TT was always good for me. Few more questions on Health insurance(I believe due to new law); Roth Ira excess removal - was painful with confusion and double checking were this years highlights. I still think TT was most friendly until, we learn the tax law basics. Th...
by ray.james
Tue Apr 15, 2014 1:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Did not have fun this year doing my taxes- TT
Replies: 42
Views: 4718

Re: I saw a "Boglehead" on my flight yesterday!

In 2011, my company switched its 401k plan in to offering a 1 fund per asset class with 7 funds total + brokerage account from 22 funds. The effect was also a move from 5 vanguard funds to 1. A few days later on the internal-site someone started a thread titled, "Bring low cost vanguard back&qu...
by ray.james
Thu Apr 10, 2014 4:02 am
 
Forum: Local Chapters and Bogleheads Community
Topic: I saw a "Boglehead" on my flight yesterday!
Replies: 65
Views: 12797
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