Search found 164 matches

by AntsOnTheMarch
Sun Aug 13, 2017 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Testing Our Allocations Emotionally
Replies: 26
Views: 1618

Re: Testing Our Allocations Emotionally

When the market plunges there are often collateral damages that go with it. In 2008 things like no jobs (I mean none) were available in my area, people in "secure" jobs lost their job, valuable contacts/mentors were retired or couldn't help , people couldn't sell their houses in many areas, some ba...
by AntsOnTheMarch
Sun Aug 13, 2017 6:08 am
Forum: Investing - Help with Personal Investments
Topic: [Stashing a windfall in the safest possible place while deciding what to do next]
Replies: 45
Views: 3128

Re: Stashing a windfall in the safest possible place while deciding what to do next

Asking a financial advisor at a bank was a mistake, IMO. Why? He is a salesman. He has identified her fears and is making her feel comfortable by suggesting an alternative (vanguard) or he will park it "for free." It's like trying to lure a squirrel over. He doesn't want to make any sudden movements...
by AntsOnTheMarch
Sat Aug 12, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: E-delivery of transaction confirmations
Replies: 12
Views: 807

Re: E-delivery of transaction confirmations

I have started receiving prospectuses via snail mail from vanguard recently event though I've been 100% e-delivery for all notices and confirmations for years. I don't know what changed. I checked my preferences and even reapplied them recently. I'll have to see if it continues. No snail mail for tr...
by AntsOnTheMarch
Sat Aug 12, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Check my understanding of Roth contribution eligibility
Replies: 10
Views: 838

Re: Check my understanding of Roth contribution eligibility

The Wizard wrote:
Sat Aug 12, 2017 8:13 am
Correct, to Roth IRAs specifically...
:sharebeer
by AntsOnTheMarch
Sat Aug 12, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Check my understanding of Roth contribution eligibility
Replies: 10
Views: 838

Check my understanding of Roth contribution eligibility

DW and I are each 60 years old, file jointly and are well below Roth contribution income limit. We are self-employed and contribute the maximum to SEPs each year. The way I read it, we are still eligible to contribute $6,500 each to individual Roth accounts on top of whatever goes to SEPs . Am I cor...
by AntsOnTheMarch
Thu Aug 10, 2017 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Opinions Needed - Are We Good?
Replies: 32
Views: 2586

Re: Opinions Needed - Are We Good?

Staying at your jobs won't solve your problem. What will you know in 2 years that you don't know now? And would 2 more years substantially change your FI picuture? Think about working another 2 years and then, there's a huge market crash the day before you plan on quitting. Are you just going to hap...
by AntsOnTheMarch
Tue Aug 08, 2017 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 16126

Re: Life at crossroads. What would you do ?

You may be suffering serious burnout. But it's hard to tell if it's fatal yet. If it is fatal, you will likely have to move to a lcol area and adjust your expectations. But not yet. And I don't think that you're mentally ready now anyway. In reading suggestions and responses it seems fairly obvious ...
by AntsOnTheMarch
Tue Aug 08, 2017 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash should I have in my bank for emergency funds.
Replies: 29
Views: 1994

Re: How much cash should I have in my bank for emergency funds.

Keep it simple and don't sweat the small stuff. With your income, 100k is something that you can think of as loose change in the couch cushions, so why worry about it? And if it makes your wife happy, double plus good! Even if it's earning 0% it's ok. Or go for 3 no penalty CDs at ally @ 25k each (1...
by AntsOnTheMarch
Tue Aug 08, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: Replace car battery after X years or wait till it dies?
Replies: 123
Views: 11173

Re: Replace car battery after X years or wait till it dies?

I've taken the ~5 year approach, the "test it every year after x years" approach, and the "never replace until it's really, really dead" approach. I can't say which is best. That last one I let go lasted 8 years but several times near the end I needed to jump it. I think of this as a question withou...
by AntsOnTheMarch
Mon Aug 07, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on VFSUX Vanguard Short Term Investment Grade Adm
Replies: 14
Views: 2381

Re: Thoughts on VFSUX Vanguard Short Term Investment Grade Adm

livesoft wrote:^Vanguard would warn you about converting to Investor share class. It could take them 6 to 18 months to do a conversion. But you do realize the cost of doing this is a joke, right? So you are not really worried about it, are you?
Just curious about how they handle this stuff.
by AntsOnTheMarch
Mon Aug 07, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on VFSUX Vanguard Short Term Investment Grade Adm
Replies: 14
Views: 2381

Re: Thoughts on VFSUX Vanguard Short Term Investment Grade Adm

Bumping due to question related to OP. What would happen if you bought into VFSUX @50k and at some point in the future withdrew a sizable chunk...say 20-30k? Would vanguard force you to covert to investor shares for the balance? Not allow the withdrawal unless you closed out the fund? Allow the with...
by AntsOnTheMarch
Mon Aug 07, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Mom made a mistake? Annuities
Replies: 51
Views: 4814

Re: Mom made a mistake? Annuities

Our current GLWB VAs have doubled in Acct Value in <8 yrs (~9%+ cagr). Can you cash out that Acct Value? If not, then it's not a true representation of how well your VA has done. This is how insurance companies trick naïve investors. If you can cash it out, then you have a good annuity. You bought ...
by AntsOnTheMarch
Sun Aug 06, 2017 11:58 pm
Forum: Investing - Theory, News & General
Topic: Greenspan: Look Out When Bonds Pop
Replies: 58
Views: 8128

Re: Greenspan: Look Out When Bonds Pop

One factor in all of this is Dodd/Frank. Pretty much banks have much smaller bond portfolios so they have stepped out of the market maker role. I suppose there could be another liquidity crisis in bonds as there was in 2008-2009. Almost all bonds dropped except for nominal treasuries and government...
by AntsOnTheMarch
Sun Aug 06, 2017 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 136
Views: 12438

Re: HSA - is keeping 40 years of medical records practical?

I wonder why some threads come back to life but I'm glad this one did as I hadn't seen it before and enjoyed reading it. I was not aware of using our HSA as tax advantaged savings until earlier this year and it seems like a nice option for us. There's currently 20k unspent in the account and DW and ...
by AntsOnTheMarch
Fri Aug 04, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement: Living off Dividends or Cash Flow Reserve Strategy
Replies: 13
Views: 1415

Re: Retirement: Living off Dividends or Cash Flow Reserve Strategy

What about variable percentage withdrawal? They could try it for a few years to maximize their withdrawals and see how the portfolio holds up. At 67, they can withdraw between 4.4% - 5.6% (depending on AA). By my crude calculations, this comes out to 15,312 - 19,488. Check for yourself here: m The d...
by AntsOnTheMarch
Fri Aug 04, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’
Replies: 24
Views: 2636

Re: Paul Singer Says Passive Investing Is ‘Devouring Capitalism’

People will always look for an edge to game the system. Knowing what I know about human nature, the ability to take what "average" gives you and be happy with it will not fly with 100% of the population. Not ever! I think that economists and financial people fall in love with rational mark...
by AntsOnTheMarch
Fri Aug 04, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 20998

Re: A poll: How much money do you need to retire?

I need $700,000 in retirement assets and a paid off home to retire at 62. I am 60, with $700,000 in retirement assets and a $40,000 mortgage. I have about 18 months to get the mortgage paid off and achieve my goal. I'm glad to see that there are some "normal" people here. I must say, when...
by AntsOnTheMarch
Fri Aug 04, 2017 7:34 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 20998

Re: A poll: How much money do you want to retire?

I'm glad to see that there are some "normal" people here. I must say, when net worth and salaries are thrown about, this forum can become intimidating and depressing. That's the danger with these kinds of threads. I promise you that there are many BHs who are normal people, but they don't...
by AntsOnTheMarch
Fri Aug 04, 2017 6:59 am
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 20998

Re: A poll: How much money do you need to retire?

I need $700,000 in retirement assets and a paid off home to retire at 62. I am 60, with $700,000 in retirement assets and a $40,000 mortgage. I have about 18 months to get the mortgage paid off and achieve my goal. I'm glad to see that there are some "normal" people here. I must say, when...
by AntsOnTheMarch
Thu Aug 03, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 6565

Re: Losing confidence in Ally Bank - what would you do

I went to ally for the no penalty cd. Lock up $25k for 6 days and get 1.50%, get to keep the interest if you break the cd, plus no other penalty. That's pretty sweet, imo. I have three of these at $25k each. Those along with a small savings account for day to day liquidity are my emergency funds. I ...
by AntsOnTheMarch
Thu Aug 03, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: offsetting ST gains - am I making this too complicated?
Replies: 23
Views: 1297

Re: offsetting ST gains - am I making this too complicated?

I found this helpful when I was trying to understand the mechanics of TLH. Haven't execute anything yet so it's all theory to me right now.

viewtopic.php?t=172568
by AntsOnTheMarch
Thu Aug 03, 2017 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Should you buy or rent a 140k apartment/house?
Replies: 12
Views: 1042

Re: Should you buy or rent a 140k apartment/house?

Unlesss you see good short term prospects for real estate values or figure you'll stay in this place after med school (doubtful, I would assume), I say rent and invest the money according to your timeline. Just an opinion based on life experience.
by AntsOnTheMarch
Wed Aug 02, 2017 3:38 am
Forum: Investing - Help with Personal Investments
Topic: suggestions on self-employed investing low cost account
Replies: 24
Views: 1194

Re: suggestions on self-employed investing low cost account

Thank you for your advice. I heard and read about HSA but I am not sure our health insurance allows it. We buy the cheapest health insurance in order not to pay penalties and have some coverage in case of emergency. We both pretty healthy. It's usually the cheapest plans (high deductible) that come...
by AntsOnTheMarch
Tue Aug 01, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: suggestions on self-employed investing low cost account
Replies: 24
Views: 1194

Re: suggestions on self-employed investing low cost account

Thank you for your advice. I heard and read about HSA but I am not sure our health insurance allows it. We buy the cheapest health insurance in order not to pay penalties and have some coverage in case of emergency. We both pretty healthy. It's usually the cheapest plans (high deductible) that come...
by AntsOnTheMarch
Mon Jul 31, 2017 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: suggestions on self-employed investing low cost account
Replies: 24
Views: 1194

Re: suggestions on self-employed investing low cost account

My wife and I have been self-employed for almost 30 years (there's just the 2 of us and we were not married at the time we started our business). When we started the business our CPA advised us each to open and contribute to SEPs. SEP contributions come off the top of your income and lower your taxe...
by AntsOnTheMarch
Mon Jul 31, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Cutting The Quicken Cord
Replies: 13
Views: 2353

Re: Cutting The Quicken Cord

I quit quicken in 2000. I did so because I didn't want to be a hostage to proprietary software. I then created a custom database to track expenses. In the end, I found that database maintenance was more work than I expected so I eventually decided that good old spreadsheets were good enough for me....
by AntsOnTheMarch
Mon Jul 31, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting strategy
Replies: 10
Views: 965

Re: Tax Loss Harvesting strategy

[ You could make some money if you do your own taxes and execute this. If you've done that much reading you are probably one self-prepared tax return from being one of the foremost experts on this site. Now you've gone too far and given me way too much credit! I am not yet at the level of comfort t...
by AntsOnTheMarch
Mon Jul 31, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting strategy
Replies: 10
Views: 965

Re: Tax Loss Harvesting strategy

Ants, Your plan looks fine. Yes, I think one of the biggest benefits for a newbie trying TLH for the first time is that it provides an opportunity to learn the mechanics of selling shares and tax reporting the results. Or at least it can be a learning experience if you commit to learning more about...
by AntsOnTheMarch
Mon Jul 31, 2017 7:11 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting strategy
Replies: 10
Views: 965

Re: Tax Loss Harvesting strategy

JayZ, There are many TLH threads and I have read most. The experts make it look easy but I've never done one and am a little intimidated by it. I don't do my own taxes and I think that makes a big difference. I've noticed many bogleheads are very proficient at tax nuances and get things down to the ...
by AntsOnTheMarch
Mon Jul 31, 2017 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Cutting The Quicken Cord
Replies: 13
Views: 2353

Re: Cutting The Quicken Cord

I quit quicken in 2000. I did so because I didn't want to be a hostage to proprietary software. I then created a custom database to track expenses. In the end, I found that database maintenance was more work than I expected so I eventually decided that good old spreadsheets were good enough for me. ...
by AntsOnTheMarch
Fri Jul 28, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]
Replies: 17
Views: 1411

Re: Need clarification of TLH partner funds for 3 Fund portfolio

In taxable: When it comes time to TLH Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX), would you straight up swap it with Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) or would you mix it with some Vanguard Small-Cap Index Fund Admiral Shares (VSMAX)? Your choice. And there are...
by AntsOnTheMarch
Fri Jul 28, 2017 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]
Replies: 17
Views: 1411

Re: Need clarification of TLH partner funds for 3 Fund portfolio

In taxable: When it comes time to TLH Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX), would you straight up swap it with Vanguard Large-Cap Index Fund Admiral Shares (VLCAX) or would you mix it with some Vanguard Small-Cap Index Fund Admiral Shares (VSMAX)? Your choice. And there are...
by AntsOnTheMarch
Thu Jul 27, 2017 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]
Replies: 17
Views: 1411

Need clarification of TLH partner funds for 3 Fund portfolio

Since most people will eventually mess up the "meticulous management" part, I suggest just avoiding the problem by using something different in IRA/Roth IRA. This is why I often suggest using Total Stock in taxable (harvest partner could be something like Large Cap Index) and 500 Index + ...
by AntsOnTheMarch
Wed Jul 26, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 81
Views: 4797

Re: Need Options - Honda Accord Incredibly Uncomfortable Seats

Does your Accord have leather seats? Is it not possible to replace a car seat for $1-2k? And keep the old car seat if you want to reinstall it back to stock? Could take a car seat from a used Acura or something? First, check to see if seats have airbags and if replacements would function same as or...
by AntsOnTheMarch
Wed Jul 26, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: I bought a different car and my old bike rack no longer works. How should I transport my bike moving forward?
Replies: 67
Views: 2818

Re: I bought a different car and my old bike rack no longer works. How should I transport my bike moving forward?

I second a folding bike for the average recreational rider. Also great for commuters—although if intended for multi-transportation use (buses, trains) more care should be taken in choosing model and maybe consider a Brompton. For the average rider to toss it into car, Dahon or REI models are fine. Y...
by AntsOnTheMarch
Tue Jul 25, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for living off a lump sum severance for one year
Replies: 14
Views: 1288

Re: Strategy for living off a lump sum severance for one year

Ally 11-month no-penalty cd is 1.50% so use one or more as part of your ladder along with savings for immediate cash needs. You can break it early if you need it (as soon as 6 days after opening it). If you get a job before you need it, not a bad place to leave emergency cash.
by AntsOnTheMarch
Tue Jul 25, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: Need Options - Honda Accord Incredibly Uncomfortable Seats
Replies: 81
Views: 4797

Re: "10 Savvy Ways You Can Spot Fake Reviews"

I googled uncomfortable seats and here are some comments that came up on the first page. Click link to see make/model. On a 2 1/2-hour drive, I got so uncomfortable that my legs cramped up, and there was so little room to move my legs around that I felt trapped in the car somewhat like a fighter pil...
by AntsOnTheMarch
Mon Jul 24, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer old Roth IRA to vanguard
Replies: 9
Views: 599

Re: Transfer old Roth IRA to vanguard

Interestingly, the vanguard website says that my transfer is still in progress. Must be an IT glitch because all transfer steps were completed in a timely and efficient manner well over a week ago. It will stay that way for a month or so because there may be some dividend payments coming through th...
by AntsOnTheMarch
Mon Jul 24, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Transfer old Roth IRA to vanguard
Replies: 9
Views: 599

Re: Transfer old Roth IRA to vanguard

I just did this a couple of weeks ago. I transferred a Roth from Janus Henderson to vanguard. Once it surfaced at vanguard, I sold it and bought a vanguard fund. Interestingly, the vanguard website says that my transfer is still in progress. Must be an IT glitch because all transfer steps were compl...
by AntsOnTheMarch
Sun Jul 23, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should I change my cost basis on my vanguard funds?
Replies: 6
Views: 442

Re: Should I change my cost basis on my vanguard funds?

TomatoTomahto, your response and humor are both appreciated. No need to feel late to the table. I would like to emphasize my appreciation and gratitude to all the expert bogleheads that contribute so much to this forum. It's such a great relief to get guidance on some of these issues because they ca...
by AntsOnTheMarch
Sun Jul 23, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Should I change my cost basis on my vanguard funds?
Replies: 6
Views: 442

Re: Should I change my cost basis on my vanguard funds?

dbltrbl wrote:You are correct.No cost basis needed for any type of IRA or 401k. Everything is income (TIRA, 401k) or tax free, ROTH.


Excellent! Thanks to both of you.
by AntsOnTheMarch
Sun Jul 23, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Should I change my cost basis on my vanguard funds?
Replies: 6
Views: 442

Re: Should I change my cost basis on my vanguard funds?

stlutz, Thanks! Makes sense.

Anyone want to chime in with thoughts on cost basis in IRA question?
by AntsOnTheMarch
Sun Jul 23, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Should I change my cost basis on my vanguard funds?
Replies: 6
Views: 442

Should I change my cost basis on my vanguard funds?

Say I'm considering doing some TLH in the future but that I'm not entirely certain at this point. Is there any other reason to change my cost basis to SpecID? Any reason not to? Should I change the cost basis for all my funds in taxable ? (See background info below). This is in taxable. The IRAs don...
by AntsOnTheMarch
Fri Jul 21, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 8274

Re: Anyone else extremely frugal?

Skip your lunch (or breakfast) without worry. Skipping meals will likely improve your health (unless you are doing so as a result of an eating disorder). One of the best ways to control chronic diseases like diabetes is by medically supervised fasting. The roll of fasting as a cancer cure is showing...
by AntsOnTheMarch
Thu Jul 20, 2017 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 34
Views: 4930

Re: Approaching major milestone, need cool-headed advice

If vesting in 3 years actually does mean you get good university health coverage at 65 you'd be crazy not to stay and take advantage of that—especially since it seems as though you generally like your job. I'm 60 and I'm pretty concerned about Medicare being in tact when I reach 65. At your age, any...
by AntsOnTheMarch
Thu Jul 20, 2017 3:35 am
Forum: Personal Finance (Not Investing)
Topic: Those Of You In a HCOLA - What's Your Financial Plan
Replies: 68
Views: 6977

Re: Those Of You In a HCOLA - What's Your Financial Plan

My wife and I moved out of a HCOL area 22 years ago (NYC to be exact). Here are some thoughts. - We observed early on that a HCOL living area plus working in a field where income does not keep pace with that area is a longterm poverty trap. Saw it with many people in NYC in the 1980s—when NYC was su...
by AntsOnTheMarch
Tue Jul 18, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Roadside assistance: insurance vs. Visa CC
Replies: 8
Views: 768

Re: Roadside assistance: insurance vs. Visa CC

Thanks for the replies. So, looks like it's ok to drop it from coverage. Will get in touch with my agent.
by AntsOnTheMarch
Tue Jul 18, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Roadside assistance: insurance vs. Visa CC
Replies: 8
Views: 768

Roadside assistance: insurance vs. Visa CC

This is specifically related to insurance provided roadside assistance vs. Visa roadside assistance. I know there have been several threads on roadside. I've read them but I still have questions. My Visa card has roadside included. The coverage and costs are a little ambiguous (listed here under roa...
by AntsOnTheMarch
Mon Jul 17, 2017 11:29 am
Forum: Personal Consumer Issues
Topic: Essential Bike (bicycle) Accessories
Replies: 71
Views: 3753

Re: Essential Bike (bicycle) Accessories

There is very little you need but more that you may want. As a long time bike enthusiast, my priorities are: 1. Know how to repair flat and have extra tube, patch kit, and pump. 2. Basic multi-tool or small set of tools to get you home if a bolt comes loose or a cable breaks. Don't forget zip ties, ...
by AntsOnTheMarch
Sat Jul 15, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Rent in safer neighborhood or buy in less safe one?
Replies: 67
Views: 4625

Re: Rent in safer neighborhood or buy in less safe one?

Personally, I wouldn't buy in a less safe neighborhood because it's such a huge hit on lifestyle and also has other risks. I'd constantly be worried about the kids and also the investment. What if the neighborhood continues to decline and you want/need to sell and get out? That said, have you though...