Search found 2825 matches

by Artsdoctor
Fri Sep 22, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2040

Re: Donor Advised Fund: Am I thinking about this correctly?

^ We have committed to sponsoring a multi-year fellowship at our medical school. Generally, such a commitment would not be permitted through a DAF. That is the biggest drawback in using a DAF, in my opinion (the idea being that it's really not your money anymore, you are only "advising" that a donat...
by Artsdoctor
Fri Sep 22, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: with frozen credit, is there benefit to fraud monitoring services?
Replies: 17
Views: 805

Re: with frozen credit, is there benefit to fraud monitoring services?

^ Once you let an entity in, they'll be able to access the credit agencies going forward even if you have a freeze.
by Artsdoctor
Fri Sep 22, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Credit freeze or fraud alert?
Replies: 18
Views: 1073

Re: Credit freeze or fraud alert?

Just remember, a freeze is not perfect. Current creditors can still get in. So if you’ve had Verizon for 20 years and you’ve had a freeze for just a year or two, they will have access. Or AMEX, or VISA, etc. However, along with monitoring, I still think it’s the best you can do.
by Artsdoctor
Thu Sep 21, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Credit freeze or fraud alert?
Replies: 18
Views: 1073

Re: Credit freeze or fraud alert?

You might find this helpful: https://www.consumerreports.org/consumer-protection/security-freeze-vs-fraud-alert-deciding-the-best-option/ We've had credit freezes for about 5 years or so and have never regretted that decision. We've never had to lift a freeze so I can't tell you how cumbersome that ...
by Artsdoctor
Thu Sep 21, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2040

Re: Donor Advised Fund: Am I thinking about this correctly?

^ Of course. If you're committed to making a certain donation, you're going to do it. There was a turning point for me when I realized that my DAF was an investment account in its own right. There were a couple of years when very large contributions were beneficial and the money was actually investe...
by Artsdoctor
Wed Sep 20, 2017 10:38 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10910

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

A couple of things to remember: 1. Higher dividends usually occur with value stocks. 2. There are many periods where value has outperformed, so make sure you understand your timeframes. 3. Understand that when you're looking at those cumulative returns, you're seeing returns based on reinvested divi...
by Artsdoctor
Tue Sep 19, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA for previously incurred medical expenses, and full-year HSA contribution limits?
Replies: 21
Views: 1885

Re: Use HSA for previously incurred medical expenses, and full-year HSA contribution limits?

^ I would think that you'd take your physician's prescription and staple it to your receipt from the store. These are not particularly large amounts of money and I think that sort of documentation would be sufficient.
by Artsdoctor
Tue Sep 19, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA for previously incurred medical expenses, and full-year HSA contribution limits?
Replies: 21
Views: 1885

Re: Use HSA for previously incurred medical expenses, and full-year HSA contribution limits?

Actually, there is no difference between Pub 502 and Pub 969. They both are really saying the same thing. Pub 502, just uses imprecise language, especially the example which is misleading. The fact that aspirin doesn't require a prescription for over the counter sales has no bearing on the fact tha...
by Artsdoctor
Tue Sep 19, 2017 5:28 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 113
Views: 10910

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

When my Mom died & I inherited her life insurance policy, I put the whole thing in the High Dividend Yield Index Fund & Dividend Appreciation Index Fund. I promised her that I would never touch the principal, but I could use the dividends. 45% High Dividend Yield Index Fund. 45% Dividend Appreciati...
by Artsdoctor
Tue Sep 19, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 8512

Re: Can a TIPS ladder 'fail' ?

Now, "Joe Blow" isn't the person buying TIPS. Today, some TIPS provide virtually nothing in REAL return over inflation. Well, that said, sometimes "nothing is a real Cool Hand!" :beer No hype here. The "average person" hears "TIPS" and they thought you said something that is NSFW. What is NSFW? Tha...
by Artsdoctor
Tue Sep 19, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2040

Re: Donor Advised Fund: Am I thinking about this correctly?

Initially, I was bothered by the "cost drag" of a DAF. However, this no longer bothers me in the least. Once I've transferred over the appreciated assets, I'm no longer paying taxes on the dividends and I no longer am concerned about any capital gains; the money isn't even technically mine anymore. ...
by Artsdoctor
Tue Sep 19, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Use HSA for previously incurred medical expenses, and full-year HSA contribution limits?
Replies: 21
Views: 1885

Re: Use HSA for previously incurred medical expenses, and full-year HSA contribution limits?

Spirit Rider, There is a caveat in Publication 969 (the HSA publication) which shouldn't be overlooked: Qualified medical expenses. Qualified medical expenses are those expenses that generally would qualify for the medical and dental expenses deduction. These are explained in Pub. 502, Medical and D...
by Artsdoctor
Tue Sep 19, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2040

Re: Donor Advised Fund: Am I thinking about this correctly?

One of the benefits of really running the numbers is to actually see where you stand with your marginal rate. At first glance, you'd think that your $800,000 income would push you past the AMT and into the 39.6% bracket. However, you could be "normally" in that AMT phase out zone where your marginal...
by Artsdoctor
Tue Sep 19, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: Don't Neglect the Softer Side of Your Estate Plan Document and share your wishes for end-of-life care.
Replies: 7
Views: 847

Re: Christine Benz: Don't Neglect the Softer Side of Your Estate Plan Document and share your wishes for end-of-life car

I can tell you from both personal and professional experiences that even the best written instructions should be followed up with a conversation. With a conversation, you have a give-and-take. Perhaps the HCPOA has questions. The written instructions are a start but shouldn't replace a dialogue. Ine...
by Artsdoctor
Tue Sep 19, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2040

Re: Donor Advised Fund: Am I thinking about this correctly?

^ Yes, there's a limit but no, he won't feel it. If you transfer cash into your DAF, you're limited to deducting 50% of your AGI. If you transfer appreciated assets, you're limited to 30% of the AGI. It looks as if his AGI will be in the $800,000 range so he'll be able to deduct the entire amount th...
by Artsdoctor
Mon Sep 18, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Christine Benz: Don't Neglect the Softer Side of Your Estate Plan Document and share your wishes for end-of-life care.
Replies: 7
Views: 847

Re: Christine Benz: Don't Neglect the Softer Side of Your Estate Plan Document and share your wishes for end-of-life car

Yes. I cannot tell you how frequently people think they've done everything in preparation for end-of-life care but never actually discuss the plan with those who will be making decisions. In fact, it's happened to me: I've found out over casual dinner conversations that I'm someone's medical power o...
by Artsdoctor
Mon Sep 18, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund: Am I thinking about this correctly?
Replies: 31
Views: 2040

Re: Donor Advised Fund: Am I thinking about this correctly?

I would definitely consider a DAF under your circumstances, and if you have appreciated shares of investments in your taxable account(s), donate those with the lowest possible cost basis. I would also agree with the poster above about running some numbers. I use TurboTax but there are good software ...
by Artsdoctor
Sun Sep 17, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: US removing Kaspersky Antivirus from government computers
Replies: 38
Views: 3391

Re: US removing Kaspersky Antivirus from government computers

It's certainly true that everyone has to do their own due diligence. I realize that it's not exactly in the same realm, but before you chuck a Russian program for an American one, just remember that Equifax certainly has a lot to answer for and may have created a lot more chaos for you than anything...
by Artsdoctor
Fri Sep 15, 2017 4:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5276

Re: Vanguard advisor on dividends

Doublebass, Most here think a great deal about Jack Bogle. He's been one of the most positive and influential leaders in investing. However, your questions are ones that we all wrestle with from time to time. He doesn't like international investing much, he really likes corporate bonds, he likes the...
by Artsdoctor
Fri Sep 15, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5276

Re: Vanguard advisor on dividends

^ Cut and paste can lead to unintended consequence. My post was actually aimed more at snarlyjack. Sorry for the confusion.
by Artsdoctor
Fri Sep 15, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5276

Re: Vanguard advisor on dividends

spdoublepass, Nice meeting you. From everything I have read, a investor should stick with their strategy that they initially started with (Total Return or Dividend Investing). If you sold out of the TMS fund to invest in the High Dividend Yield Index fund you would incur capital gains tax. Which wo...
by Artsdoctor
Fri Sep 15, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: HSA Timing
Replies: 9
Views: 902

Re: HSA Timing

Thanks for the replies, I'll fund it starting 11/1. My company does not contribute to the HSA, we have to set up an outside account. Is it still possible to have it taken out by payroll deduction, as long as we have a 125 plan (which we do)? Not sure my HR/payroll manager can handle this is not man...
by Artsdoctor
Wed Sep 13, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5276

Re: Vanguard advisor on dividends

So what am i supposed to do? If I buy an S&P index fund I get 2% dividends. If I buy the Vanguard high dividend index I get 3% dividends. I can build my own portfolio of 25 or so dividend aristocrats and get 3.5% or so dividends. The NAV of any of those equity funds will decrease by the same amount...
by Artsdoctor
Wed Sep 13, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard advisor on dividends
Replies: 59
Views: 5276

Re: Vanguard advisor on dividends

Well, it comes back to the point of why on earth is what you withdraw from a portfolio constrained to be the interest and dividends paid from the holdings. ... snarlyjack, in his post just below yours , first answers, then either misunderstands or obfuscates. The answer from his anecdote is fear an...
by Artsdoctor
Tue Sep 12, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Freeze affects SSA online account
Replies: 22
Views: 2283

Re: Credit Freeze affects SSA online account

Yes, you will not be able to use your SSA if you have not used it before you freeze your credit account. If you've accessed your SSA account in the past prior to the freeze, you'll be able to get in. If you want a copy of your social security earnings each year to verify that it's correct, you can e...
by Artsdoctor
Tue Sep 12, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason to not transition my vanguard IRA and taxable mutual fund accounts to Brokerage Accounts
Replies: 1
Views: 287

Re: Any reason to not transition my vanguard IRA and taxable mutual fund accounts to Brokerage Accounts

If you don't need a brokerage account, then don't upgrade. Brokerage accounts with their settlement funds are still not streamlined at Vanguard so I wouldn't do it unless they forced you to.
by Artsdoctor
Tue Sep 12, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Prime Money Market vs Federal Money Market?
Replies: 2
Views: 463

Re: Prime Money Market vs Federal Money Market?

The Federal Money Market fund is nothing more than a settlement fund and I keep money there only in transit to somewhere else. The added security means nothing to me. All of that said, the difference between Federal Money Market and Prime Money Market is very small and I'd only worry about this if I...
by Artsdoctor
Fri Sep 08, 2017 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Considering this HSA strategy
Replies: 17
Views: 2082

Re: Considering this HSA strategy

Hello fellow Bogleheads, I'm thinking about investing all or some of my HSA money. I have Optum for my HSA and I received an email that they now offer Fidelity and Vanguard funds. Here's the strategy I'm thinking about implementing. I currently have a $3,000 deductible so I would put the deductible...
by Artsdoctor
Fri Sep 08, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 628
Views: 37110

Re: Equifax says info stolen. What's my best course of action?

Credit freeze and monitoring. I'm not sure there's anything else to do. If you enroll in their monitoring, it's good for a year but this could be a multi-year vulnerability.

We've had a credit freeze in effect for about 5 years, and have rarely regretted it.
by Artsdoctor
Wed Sep 06, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: NYT > Under ‘Observation,’ Some Hospital Patients Face Big Bills
Replies: 23
Views: 2692

Re: NYT > Under ‘Observation,’ Some Hospital Patients Face Big Bills

Any thoughts on what, as a practical matter, you should do if you're a patient in this situation? You can discuss this with your admitting physician; he/she should be able to tell you if you're being admitted for observation or as an in-patient. I say "should" because most physicians admitting pati...
by Artsdoctor
Mon Sep 04, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: QCD vs donating appreciated securities? [Qualified Charitable Distributions]
Replies: 5
Views: 416

Re: QCD vs donating appreciated securities? [Qualified Charitable Distributions]

Saving$, First, if you haven't read the Kitces linked above, please take a look. Michael Kitces is one of the most thoughtful and coherent advisors, and you'll learn a lot from the article. Second, I'm going to risk sounding like a parrot since I've said this so many times before. The best way to re...
by Artsdoctor
Mon Sep 04, 2017 1:42 pm
Forum: Investing - Theory, News & General
Topic: Do you reinvest your dividends/capital gains?
Replies: 76
Views: 8995

Re: Do you reinvest your dividends/capital gains?

Artsdoctor, you are confusing me. (I'm only addressing Vanguard Brokerage Service.) If you transfer money in, it is sometimes held. (Sometimes, it is not; the money I transfer in from Fidelity is immediately available.) It's been my experience that the money is held "until it clears" from banking a...
by Artsdoctor
Sun Sep 03, 2017 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Humble dollar article on munis
Replies: 6
Views: 649

Re: Humble dollar article on munis

Clements always has good points. Here, the points are not necessarily incorrect but they may not be applicable to some. He describes two scenarios in which his argument may fall flat, but there's another. Some people, me included, don't have enough "space" in tax-advantaged accounts to adhere to his...
by Artsdoctor
Sun Sep 03, 2017 3:37 pm
Forum: Investing - Theory, News & General
Topic: Do you reinvest your dividends/capital gains?
Replies: 76
Views: 8995

Re: Do you reinvest your dividends/capital gains?

I can tell you what I've learned over the past couple of months. It shouldn't be this difficult, and in the general scheme, it's not that important. But I will freely admit that the process has been aggravating. These observations pertain to the "upgraded" accounts which have settlement funds. We st...
by Artsdoctor
Sat Sep 02, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - How to combine spouse accounts
Replies: 28
Views: 2802

Re: Vanguard - How to combine spouse accounts

Celia's answers are exactly correct. I've been transferring assets around for trust purposes all year and have become very familiar with changing account ownership. Granted, trusts add a lot more complexity but Celia's take is 100% accurate. To the best of my knowledge, you can't just merge assets e...
by Artsdoctor
Sat Sep 02, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: Do you reinvest your dividends/capital gains?
Replies: 76
Views: 8995

Re: Do you reinvest your dividends/capital gains?

You can also try clicking on the Buy link of your Total Stock Market fund. See what options you have. You may be able to transfer directly from your bank directly to the fund and bypass the settlement account altogether. If this is not possible right now, you can work with Vanguard to open up direct...
by Artsdoctor
Thu Aug 31, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: First time getting into the market. DCA?
Replies: 14
Views: 862

Re: First time getting into the market. DCA?

Hello everyone, I am just like everyone new here. Discovered the forum, changed my life, etc .. Since then I have been maxing out 401k, HSA, Roth IRA for me and my wife. Next step is to start putting money into a taxable account. I have 100k that I am planning to invest in a taxable account, and I ...
by Artsdoctor
Wed Aug 30, 2017 7:05 pm
Forum: Investing - Theory, News & General
Topic: Can't reinvest Municipal MMF dividends?
Replies: 10
Views: 1338

Re: Can't reinvest Municipal MMF dividends?

You should be able to reinvest but: If your account has been "upgraded" and you now have a settlement fund, you may not be able to take dividends from one fund and have them invested in another fund. For example, you may reinvest your dividends from a total market fund or you can direct those divide...
by Artsdoctor
Wed Aug 30, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund - buying the interest?
Replies: 7
Views: 792

Re: Bond Fund - buying the interest?

Is there a "buying the dividend" aspect when buying a bond fund? I guess I could watch what happens to a few bond funds in the next days but I'd rather ask here and there's the noise... TIA Good question, Expo. Many are familiar with the concept of "not buying the dividend" when purchasing equity f...
by Artsdoctor
Wed Aug 30, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 4624

Re: Self insure vs Medigap when on "traditional" Medicare

Artsdoctor wrote: DM, ... When you're considering your options, bear in mind that there is some state-to-state variability. What one poster will offer may not apply to you so it benefits you to do your research. Within 6 months of beginning Medicare, you'll need to decide whether or not you want yo...
by Artsdoctor
Wed Aug 30, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 90
Views: 6573

Re: Bosch dishwasher?

Unless you can buy best rated brand new 10 year old dishwasher which was stored in climate controlled storage, the survey data does not do you much good. I do not believe CR has ability to generate 10 year reliability data in one month of testing. You are really getting historical data. The applian...
by Artsdoctor
Tue Aug 29, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 90
Views: 6573

Re: Bosch dishwasher?

We purchased a Bosch dishwasher at the same time our neighbor purchased a Bosch refrigerator. Within 4 years, we got rid of them both. Sorry I can't provide model numbers. Wrote a letter to HQ as did my neighbor and never heard back. That was 2 years ago. Now have a Miele, which I should have bought...
by Artsdoctor
Tue Aug 29, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Self insure vs Medigap when on "traditional" Medicare
Replies: 73
Views: 4624

Re: Self insure vs Medigap when on "traditional" Medicare

DM, A few things to consider. When you're considering your options, bear in mind that there is some state-to-state variability. What one poster will offer may not apply to you so it benefits you to do your research. Within 6 months of beginning Medicare, you'll need to decide whether or not you want...
by Artsdoctor
Tue Aug 29, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's doctor sent bill to collections without ever mailing anything to us
Replies: 10
Views: 1769

Re: Wife's doctor sent bill to collections without ever mailing anything to us

There are so many areas where something could have gone wrong here. The first step is to call the biller for the doctor. The biller may or may not be in the doctor's office. Ask about the notices that were sent out and definitely find out what address was used. The address issue is a potential probl...
by Artsdoctor
Tue Aug 29, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: tax / estate planning for parents
Replies: 16
Views: 1132

Re: tax / estate planning for parents

I think Bruce (bsteiner), above, is being too gentle. However, I suspect that that is because he's an estate attorney whose modesty prevents a more forceful prodding. Your parents have sizeable assets, they're in their 60s, and they haven't made any estate plans. They really need to see an estate at...
by Artsdoctor
Tue Aug 29, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: tax / estate planning for parents
Replies: 16
Views: 1132

Re: tax / estate planning for parents

Based on the info provided, it seems obvious to me that his parents are comfortable disclosing their financial situation and everyone is open with each other. What OP is asking is the nuts and bolts of estate planning over the $10 million dollar estate tax limit. "To my knowledge they have no will ...
by Artsdoctor
Tue Aug 29, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: tax / estate planning for parents
Replies: 16
Views: 1132

Re: tax / estate planning for parents

Parents few yrs away from retirement (early 60s) and have about $6M assets (bull market + late career pay bump for my dad helped a lot), and are in good health / I hope they will live at least 30 more years or more. Due to a decent sized pension + retirement healthcare, and lifestyle I don't think ...
by Artsdoctor
Tue Aug 29, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Learning from loss
Replies: 23
Views: 2792

Re: Learning from loss

There were 3 investment hits for me: 1987, 2000, and 2008. I am so thankful that I have had those experiences. I behaved very, very badly in 1987. I totally lost it when the market swooned over 20% in one day. We sold everything. Fortunately, we had very little money at the time so the dollar amount...
by Artsdoctor
Tue Aug 29, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: What does Medicare REALLY Cost Wealthy Seniors
Replies: 24
Views: 2193

Re: What does Medicare REALLY Cost Wealthy Seniors

^ Correct me if I am wrong, but the Medicare premium is deducted from your total social security amount. Your total social security amount is subject to personal income tax and it's that amount that is entered on your 1040. You can definitely pay Medicare premiums from your HSA but you can't pay for...
by Artsdoctor
Tue Aug 29, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: What does Medicare REALLY Cost Wealthy Seniors
Replies: 24
Views: 2193

Re: What does Medicare REALLY Cost Wealthy Seniors

^ That's about right. If the married couple is in the highest income bracket, their MAGI will push their Medicare premiums up to the maximum, plus supplement, plus prescription plan. There will be co-pays as well. If the wife's getting the insurance coverage through her employer, the premiums may be...