Search found 71 matches

by 3spots
Fri Jul 21, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: Commuters (that drive), what do you listen to?
Replies: 21
Views: 459

Re: Commuters (that drive), what do you listen to?

35-40 min is considered a long commute, lol... I wish. I was commuting 2 hours one way -- glad that is over. in any case, i never liked books on tape, but I love Audible. I discovered I could not listen to any business books, or any educational books (my preference) as I either missed traffic or the...
by 3spots
Thu Jul 20, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Looking for some input on job offers
Replies: 7
Views: 519

Re: Looking for some input on job offers

My belief is that you can never go back. The reasons you left Company A are probably still there. I'd take the leap
by 3spots
Wed Jul 19, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Just finished reading Boglehead's Guide to Investing
Replies: 18
Views: 987

Re: Just finished reading Boglehead's Guide to Investing

That was the point but some are 70/30 and thinking they should be higher because of this bull market. In the very least then this type of behavior is discouraged on the forum. There are a lot of threads on appropriate asset allocations and the consensus seems to be that you should pick an asset all...
by 3spots
Wed Jul 19, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 9
Views: 527

Re: cost basis for certificated shares from 1990 - and 3 splits since

My ex was maintaining records at that time, so I will need to talk to Computershare to get history, online statements don't go back that far. But I know the dividends have been in a DRIP program. I think I just need to see that the splits were credited in book form beginning in 2001. Figuring this ...
by 3spots
Tue Jul 18, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 9
Views: 527

Re: cost basis for certificated shares from 1990 - and 3 splits since

At the time of the split in 2001, I would have expected that you would have been notified & either told the new shares would be issued only in book form or at least given that option. You're right about cutting the per share cost basis in half, although the total cost basis would stay the same....
by 3spots
Tue Jul 18, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 9
Views: 527

Re: cost basis for certificated shares from 1990 - and 3 splits since

The split should be reflected on the books and records of the transfer agent. I'd check there to confirm it has been reflected properly. So the first split was 2 for 1 in the year 2001 -- would you expect that they would have credited my account with 336 more shares in book form, and my certificate...
by 3spots
Tue Jul 18, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: cost basis for certificated shares from 1990 - and 3 splits since
Replies: 9
Views: 527

cost basis for certificated shares from 1990 - and 3 splits since

I am struggling to wrap my head around the cost basis for my long held PHYSICAL/CERTIFICATED shares that I exercised options to obtain. I have 336 BAX shares issued in certificate form in 2000. At the time I purchased, share price was $66.50 and I paid $23.16, and paid the taxes on the difference ($...
by 3spots
Thu Jul 13, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 6549

90:10 AA - what don't you believe about it?

I wish I could find the thread that originally pointed to this article and thank that poster. The logic seems sound to me. It is a re-look at Buffet's AA advice of 90:10. If I understood it correctly, there was only a 2-3% failure rate of a 90:10 AA, but a 0% failure rate for 60:40 during the 30 yea...
by 3spots
Thu Jul 13, 2017 8:36 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 70
Views: 7948

Re: % bogleheads of overall population

I don't know about others but I never browser Bogleheads while not logged in. I use a browser extension to open each thread link to the first unread post, and this is impossible if I spend any time browsing while not logged in. If I may ask, what browser and extension are you using? That would be a...
by 3spots
Wed Jul 12, 2017 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1156

Re: My new portfolio: how to invest remaining funds?

Hi Tyler - To wrap my head around it, I had to make a spreadsheet with two scenarios. I am starting with $2Mil Scenario #1 50% stock 30% Bond 20% Cash (so not counting cash it's a 60:40 AA) Scenario #2 70% stock 20% Bond 10% Cash (so not counting cash it's a 80:20 AA) (my tentative plan, lol) I assu...
by 3spots
Wed Jul 12, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating housing and longer commutes
Replies: 20
Views: 1214

Re: Evaluating housing and longer commutes

Thoughts 1. If the commute was for a higher paying job, sticking it out for 18 months and then job-hopping might be a career salary boost. Hard to get 15% raises staying with same company. Might be worth the pain. 2. If the commute became too much, is there any other industry nearby that they could ...
by 3spots
Wed Jul 12, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1156

Re: My new portfolio: how to invest remaining funds?

I might not be following the a"safe stuff flaw" you described. I assume cash is as safe as bonds, so you are suggesting that 20% cash is not enough to weather a downturn, even if it does represent 4 years of expenses? A 60:40 allocation would be $800k for me, or about 8 years of expenses. ...
by 3spots
Tue Jul 11, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Makeover
Replies: 6
Views: 333

Re: Portfolio Makeover

You sound a little like me -- except I had about 50 funds at Wells Fargo in a 500k account and was paying $6K/year with much less growth than you. I opted to consolidate everything at Fidelity. I want to self-manage, so having a local office was important to me. I work with a CFP advisor there and h...
by 3spots
Tue Jul 11, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1156

Re: My new portfolio: how to invest remaining funds?

Thanks for the feedback! It seems in line with what I was thinking I needed to do -- so that is good... a relief actually. Well, except the bond part. I just have a tough time because their yield/growth/return is so low... I was thinking a dividend fund was still low-risk: that they are better than ...
by 3spots
Mon Jul 10, 2017 11:13 pm
Forum: Investing - Help with Personal Investments
Topic: My new portfolio: how to invest remaining funds?
Replies: 11
Views: 1156

My new portfolio: how to invest remaining funds?

Okay, I read, I switched a bunch of stuff around and this is where I am. A great improvement from 9 different accounts at 5 different brokerages and 50 different funds! Approximately $2.2M portfolio, but 90% heavily concentrated stock. As a result of consolidation I have cash to invest within my IRA...
by 3spots
Mon Jul 10, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best books for tax planning/strategy?
Replies: 6
Views: 897

Re: Best books for tax planning/strategy?

I ordered, too! thank-you for the reference
by 3spots
Mon Jul 10, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 4647

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Well, if you have a Habit restaurant nearby, their grilled chicken salad is my favorite. It is unbelievably fresh -- not what you'd expect from a great hamburger place!
by 3spots
Sun Jul 09, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Best books for tax planning/strategy?
Replies: 6
Views: 897

Best books for tax planning/strategy?

I didn't notice any in the Suggested Reading.

I could use basic tax strategies -- like I am reading in the "zero taxes" thread. Is there a book that folks recommend?

Thanks in advance,
3spots
by 3spots
Fri Jun 30, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Computershare
Replies: 20
Views: 3619

Re: Computershare

Gosh, don't get me started on Computershare. They are basically snail mail on everything. I tried to move my shares to Fidelity. Couldn't figure it out on the website -- finally thought '"well maybe they think it's a withdrawal?" I selected that option, paid $25 fee, and thinking the next ...
by 3spots
Mon Jun 19, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Good camera - new baby coming
Replies: 61
Views: 3714

Re: Good camera - new baby coming

I am a bit of a camera buff, and my all-time-favorite, better than my DSLR is the Panasonic Lumix FZ300. I take it everywhere despite it not being a pocket-sized camera. here is why: 1. Great in low light -- has a consistent F2.8 through an incredible zoom range to 600mm 2. No interchangeable lenses...
by 3spots
Thu Jun 15, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Am I too far into the rabbit hole? (email with Gmail)
Replies: 29
Views: 3945

Re: Am I too far into the rabbit hole? (email with Gmail)

Curious - do they all stay synched? I only use a laptop and phone, no other devices. On my laptop, I access Fastmail through a browser, not an email client. On my phone, I access my mail through K-9. Everything stays in sync. With respect to Dropbox, I have a folder on my laptop that constantly syn...
by 3spots
Wed Jun 14, 2017 10:52 pm
Forum: Personal Consumer Issues
Topic: Am I too far into the rabbit hole? (email with Gmail)
Replies: 29
Views: 3945

Re: Am I too far into the rabbit hole? (email with Gmail)

CFM300 wrote:Migrate to Fastmail and Dropbox. Use K-9 Mail on your Android phone.


Curious - do they all stay synched?

3spots
by 3spots
Tue Jun 13, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Change brokerage account
Replies: 5
Views: 680

Re: Change brokerage account

Well, having just done it wrong -- don't go to Computershare and initiate the transfer from there. The "transfer" option doesn't do it, and I wasn't sure what the "withdraw" option did, but I clicked in to look, it said there was a $25 fee, I gave my credit card, and I expected a...
by 3spots
Thu Jun 08, 2017 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Re: Changing IRA to 3 fund - do I just do it all tonight?

[quote="Lafder"]This is a great example of why I prefer mutual funds to ETFs ! I am beginning to like them too now that I have looked up the equivalent Fidelity ones! Are you sure you want to change your % stock so much at once? I must be naive about it -- I feel like I left it in an AUM a...
by 3spots
Thu Jun 08, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Re: Changing IRA to 3 fund - do I just do it all tonight?

In an IRA, there is no tax on capital gains and losses. The only caution would be if you are changing to a much riskier portfolio; you might want to do that gradually. If you are currently 40% stock and want to go to 80% stock, you might change to a three-fund portfolio with 50% stock and increase ...
by 3spots
Thu Jun 08, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Re: Changing IRA to 3 fund - do I just do it all tonight?

You don't want to buy ETFs after hours. You can put in the sell orders for mutual funds tonight if you want. You don't have to worry about cost basis or gains/losses. You also don't want to buy at the open and close. See vanguards white paper on etf trading. http://www.vanguard.com/pdf/ISGETF.pdf O...
by 3spots
Thu Jun 08, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Re: Changing IRA to 3 fund - do I just do it all tonight?

[quote="mhalley"]
http://www.vanguard.com/pdf/ISGETF.pdf
Any reason you want to go with ETFs instead of fidelitys mutal funds?

No reason other than I thought they were cheaper and did the same thing?
by 3spots
Thu Jun 08, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Re: Changing IRA to 3 fund - do I just do it all tonight?

In an IRA, there is no tax on capital gains and losses. The only caution would be if you are changing to a much riskier portfolio; you might want to do that gradually. If you are currently 40% stock and want to go to 80% stock, you might change to a three-fund portfolio with 50% stock and increase ...
by 3spots
Thu Jun 08, 2017 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Re: Changing IRA to 3 fund - do I just do it all tonight?

You don't want to buy ETFs after hours. You can put in the sell orders for mutual funds tonight if you want. You don't have to worry about cost basis or gains/losses. You also don't want to buy at the open and close. See vanguards white paper on etf trading. http://www.vanguard.com/pdf/ISGETF.pdf O...
by 3spots
Thu Jun 08, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Changing IRA to 3 fund - do I just do it all tonight?
Replies: 13
Views: 883

Changing IRA to 3 fund - do I just do it all tonight?

I rolled all my IRAs together at Fidelity and now I want to do a three fund to start -- I may change this in a month or two when I am more savvy, but I want to get out of what I am in (40-ish mutual funds). Can I just start selling them all tonight and then buying into the three funds ( ITOT, AGG, I...
by 3spots
Wed Jun 07, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

Adding on to what celia posted: Some things to remember about NUA: 1. You must take a lump sum distribution of the entire plan. The company stock must go into a taxable account to get the NUA treatment. Any other assets can be transferred to an IRA if your plan allows it. 2. You must not make any p...
by 3spots
Wed Jun 07, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

Despite checking that box at the bottom that is supposed to notify me -- I am not getting notified! So I would love to talk NUA with those that are willing. It still hasn't happened yet, but I am calling tomorrow to re-initiate -- Voya needed a letter from Fidelity saying they would accept funds and...
by 3spots
Sun May 28, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: When to start talking to older parents regarding their finances (and how to do it?)
Replies: 37
Views: 3985

Re: When to start talking to older parents regarding their finances (and how to do it?)

I didn't see anyone mention Nolo Press book, "Get it Together" It is a workbook with a nice outline of all the information needed for your heirs: wills, burial info, accounts, personal wishes, final letter, etc. I got it for myself, but it might be a neutral way to bring it up with parents...
by 3spots
Sat May 27, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

You guys are such a remarkable wealth of information. My divorce was finalized in 2015, but for the last two years I just gave it to a CPA friend of friend, so I didn't really explore how to file myself. Each time, it seemed more of tax preparation, rather than comprehensive tax advice. I I will def...
by 3spots
Fri May 26, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

Yes I am trying for a similar cap gains strategy this year. State tax will be one tax you probably can't get out of. I do use TurboTax to test the cases. One thing I did last year was reverse some IRA withdrawals within 60 days to help keep other income low. Also if you have some earned income, you...
by 3spots
Fri May 26, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

With $40,000 of ordinary income, you'd pay 0% federal tax on about $8,000 of the Long Term Capital Gain (LTCG) and 15% on the rest if you're single. On a joint return you'd pay 0% tax on about $57,000 of the LTCG and 15% on the rest. The marginal tax rate is 13.75% on the single return and 6.5% on ...
by 3spots
Fri May 26, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

How much stock would you be selling that has $100k in capital gains? What is the cost basis? You could potentially sell $100k in stocks where $50k was your cost, and $50k in gains would be taxed at 0% You'd need to speak with a tax professional, but I'm guesstimating $100k - $50k basis = $50k of ca...
by 3spots
Fri May 26, 2017 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

This is my first year of retirement and thus likely my lowest income year so I wanted to take advantage of NUA and anything else that made sense. First year of retirement, you say? This may be the best time to start Roth conversions if you have significant savings in tax-deferred accounts and are n...
by 3spots
Thu May 25, 2017 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Re: Can I really pay no capital gains on $100k?

I knew it was too good to be true.. lol. Excellent Kitces article, and I will check out TaxCaster, thanks! I am finally getting all my accounts over to Fidelity and understanding AA. Once that is done, figuring out withdrawals and tax mgmt is next to learn! This is my first year of retirement and th...
by 3spots
Thu May 25, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Can I really pay no capital gains on $100k?
Replies: 31
Views: 6130

Can I really pay no capital gains on $100k?

For the life of me, this doesn't seem real, so I must be missing something. I will have less than $40,000 income this year. That puts me in the 15% tax bracket. If you are in the 0-15% tax bracket, it says the capital gains tax is zero. Could I really sell my stock with $100K in long term capital ga...
by 3spots
Thu May 25, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with divorce settlement
Replies: 23
Views: 3247

Re: What to do with divorce settlement

NUA: you only have one chance to take an NUA and that is when you rollover to an IRA. If you rollover to an IRA without taking an NUA, you have lost the opportunity. The NUA option takes the MS stock out of the retirement account and puts it in a stock account. She would have to pay ordinary income ...
by 3spots
Wed May 24, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with divorce settlement
Replies: 23
Views: 3247

Re: What to do with divorce settlement

Not an expert here, but I am finalizing some stock issues post-divorce, too, and this may help. 1. She likely has to notify the custodian of the 401K that the MS stock that is probably in Joint Tenancy needs to be renamed to her as an Individual. Perhaps her ex is doing this? I didn't have to split ...
by 3spots
Wed May 24, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

Everyone's insight and questions certainly made me look like a star client to my new estate attorney -- thank you. My step-dad, his daughter and I are all co-agents for power of attorney. I hope that means that any major asset move would have required my signature. My attorney agrees that the suppor...
by 3spots
Wed May 24, 2017 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

It sounds to me like the couple set up everything to be split between the kids and Dad is now taking advantage of the personal accounts not being in the trust to block those assets from one or both kids. One the one hand, that could be reasonable, he could live another 7 years and need that money f...
by 3spots
Wed May 24, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

I hope some of the lawyers will chime in, but I would not sign off without being sure I knew the size of the estate and how it was to be distributed. Without that you cannot know whether you have fulfilled your responsibilities. With an income property there is also the risk that the IRS will not a...
by 3spots
Mon May 22, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

afan wrote:If, as is common, the step dad was trustee of mom's trust and had a durable power of attorney, then he could have perfectly legally transferred money from her trust to the POD accounts.


I''m okay with that! I just want to know that if transfers happened, it was legit!
by 3spots
Mon May 22, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

Thanks all! Dang, I wrote a long response and poof, I lost it! Good input from everyone, thank you! My parents trust has not been divided yet, we are in that process and my step-dad has submitted a division of assets. My step-dad, his daughter, and myself are all co-trustees and PR for the estate. U...
by 3spots
Thu May 18, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispose of household effects (estate sale?)
Replies: 21
Views: 2837

Re: How to dispose of household effects (estate sale?)

FWIW,my mom passed in January and my dad asked that I photo each article of clothing as documentation for the IRS. She had 900 articles of clothing: sweaters, pants, shoes, purses. I dutifully photographed them in groups, and then using the Salvation Army guidelines made a spreadsheet. i didn't eval...
by 3spots
Wed May 17, 2017 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

Hi everyone - Thanks for the considered feedback, I must not have had it set to receive notifications of postings, or I would have chimed in earlier! I have checked the trust documentation and I, my step-dad, and his daughter are all Personal Representatives and Trustees of the trust. His daughter a...
by 3spots
Fri May 12, 2017 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Division of Assets A/B trust: am I entitled to see POD proof?
Replies: 26
Views: 2605

Re: Division of Assets A/B trust: am I entitled to see POD proof?

I am a co-trustee with my stepdad and his daughter. I just want to verify the value of assets and that they are divided fairly. The only way I know how to do this is to take the Division of Assets his trust atty submitted and ensure there is a backup statement for the value. As a trustee i believe i...

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