Search found 2969 matches

by BolderBoy
Wed Jul 19, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 vs. W2 for MD
Replies: 3
Views: 313

Re: 1099 vs. W2 for MD

CriticalCareJunkie wrote:I understand the implications of taking 54k off the top for a individual 401k

There is also the difference between good fund selections in a 401k and poor such selections. With the individual 401k you control the former.
by BolderBoy
Tue Jul 18, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio options
Replies: 4
Views: 365

Re: Portfolio options

At the end of the year, take any amount above the original $1000 invested in each of the three managed funds and transfer it into the index fund accounts. This implies that you are sure they are going up. How old are you? Are you aware that over the long term, most managed funds do more poorly than...
by BolderBoy
Mon Jul 17, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 41
Views: 3627

Re: Is it still worth buying a house in a state with insane property taxes

sschoe2 wrote:yes I've seriously thought about leaving the state but finding a comparable job is not likely for myself.

How do you know that? Are you tied directly into the Chicago mob or something?

Very few jobs exist in one locality only.
by BolderBoy
Mon Jul 17, 2017 4:11 pm
Forum: Personal Consumer Issues
Topic: Anyone feel like talking "R"
Replies: 39
Views: 7922

Re: Anyone feel like talking "R"

Epsilon Delta wrote:Or worse, Visual Basic in Visual Basic.

Hey! I wrote a medical billing suite in VB. And a local hospital is still using my VB-coded patient tracking software because it beats their built-in alternative.

But I know nothing about R.
by BolderBoy
Mon Jul 17, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Denver Trip - Last minute
Replies: 22
Views: 1499

Re: Denver Trip - Last minute

Wednesday thru Sunday. Wouldn't be opposed to renting a car a couple days. Ahhhh, being mobile expands your horizons quite a bit. If you are curious about how beer is made, the Moulson-Coors plant is in Golden, about 20 miles west of Denver. If you want to see a really cool reservoir (and catch the...
by BolderBoy
Mon Jul 17, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Which mutual fund paper records do you keep?
Replies: 7
Views: 275

Re: Which mutual fund paper records do you keep?

Jack FFR1846 wrote:Paper statements are still available? I have none.

For some things such as VG's solo 401k, they are mandated by government regulations. I've begged VG to quit sending them (since they also provide the on-line, .pdf version) but they tell me they are required to mail them out quarterly.
by BolderBoy
Mon Jul 17, 2017 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Best Investment Options for Inheritance
Replies: 9
Views: 846

Re: Best Investment Options for Inheritance

You don't need an annuity.

What I did with my inheritance was: 1) look at my overall asset allocation and 2) keep that allocation in place by using total stock market index and (in my case) intermediate term tax-exempt bond.

Presto - simplicity.
by BolderBoy
Mon Jul 17, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: In my 30s with extra 30K - Opinion about portfolio
Replies: 11
Views: 994

Re: In my 30s with extra 30K - Opinion about portfolio

Curious_Investor wrote:So, with the fact that we spend 9K a month, we have about 30K (50K as an emergency fund - too much?)

Maybe not enough. Unless there is a LOT of your spending that is superfluous.

Your EF is to cover necessities.
by BolderBoy
Mon Jul 17, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Which mutual fund paper records do you keep?
Replies: 7
Views: 275

Re: Which mutual fund paper records do you keep?

None. Everything digital here. Even the mandatorily sent, solo 401k statements are merely shredded when they arrive.
by BolderBoy
Sun Jul 16, 2017 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market Index
Replies: 95
Views: 7394

Re: Vanguard Total Stock Market Index

Large and growthy are both negatives for investment returns. I'm pretty ignorant about this stuff. As I understand it, "total return" is the objective. Are you saying that "growthy" (not sure what that means) is a negative on total return? How does that work? Yes I am saying tha...
by BolderBoy
Sun Jul 16, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2487

Re: Finance Q for those that have gone through Divorce

Labrat wrote:2 kids, 11 and 13.

It used to be in Colorado that if dependent children are involved then lawyers are mandatory. Is this not the case anymore?
by BolderBoy
Sun Jul 16, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: gaming the mortgage interest deduction
Replies: 18
Views: 2233

Re: gaming the mortgage interest deduction

(I'm going to engage an accountant and/or lawyer on this - there's also going to be a granny flat in the back that we'll lease back to them, so more tax planning potential - but I'm trying to figure out whether this first concept is just a non-starter before I get into getting professional advice.)...
by BolderBoy
Sun Jul 16, 2017 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market Index
Replies: 95
Views: 7394

Re: Vanguard Total Stock Market Index

jbolden1517 wrote:Large and growthy are both negatives for investment returns.

I'm pretty ignorant about this stuff. As I understand it, "total return" is the objective. Are you saying that "growthy" (not sure what that means) is a negative on total return?

How does that work?
by BolderBoy
Sat Jul 15, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Maximizing opportunities to Tax Loss Harvest?
Replies: 13
Views: 802

Re: Maximizing opportunities to Tax Loss Harvest?

Assuming a given asset allocation, is there a good strategy for maximizing opportunities to Tax Loss Harvest? Short of looking at your holdings every day and exchanging anything that has a loss into a non-identical fund, I can't imagine how you can do this. Clearly one doesn't want to intentionally...
by BolderBoy
Sat Jul 15, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 94
Views: 7586

Re: Personal Finance Milestone: 20 Times Annual Expense

KlangFool wrote:I survived!!

Wow. What a ride. Outstanding and congratulations!
by BolderBoy
Sat Jul 15, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Transferred Roth from NWM to Fidelity, now what?
Replies: 14
Views: 769

Re: Transferred Roth from NWM to Fidelity, now what?

RetiredAL wrote:ER=1.35%

I'd dump it just because of this.
by BolderBoy
Sat Jul 15, 2017 12:36 pm
Forum: Personal Consumer Issues
Topic: what's your secret to cleaning inside car windows?
Replies: 47
Views: 3366

Re: what's your secrete to cleaning inside car windows?

I asked my housekeeper what she uses to clean the windows: "Hot water on microfiber cloth. Dried off with clean, lint-free cotton towel." I scoffed. She said to try it on the inside of my auto windows, which are the hardest to clean, so I did. I'll be darned - it worked! "Hot water&qu...
by BolderBoy
Sat Jul 15, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Missing 1099-INT for Mango Money Account
Replies: 6
Views: 435

Re: Missing 1099-INT for Mango Money Account

bloom2708 wrote:Can you log into your account and print the tax form?

If under $15 of interest was earned, you would not get a 1099-INT.

It used to be under $10 and no 1099-INT. Is $15 the new limit?
by BolderBoy
Sat Jul 15, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: What am I missing here? [I'm a bachelor]
Replies: 51
Views: 3051

Re: What am I missing here? [I'm a bachelor]

Keepcalm wrote:This is why I rent. I have no kids, no wife. Don't need it.

The white picket fence American dream is a bunch of hog wash propoganda.

Am I missing an angle here?

Are you presently renting a house (single-family home)? If not, do you have a neighbor that is one wall-thickness away from you?
by BolderBoy
Sat Jul 15, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11179

Re: How are folks handling the unprecedented rise in the market ?

I have conservative allocation as well, my portfolio has roughly 50 % of the movement of the s&p 500. I always think of the money I have lost by having such an allocation, but cannot muster the courage to allocate more at this stage to either stocks or bonds, ( except for my bi weekly 401k cont...
by BolderBoy
Sat Jul 15, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Transferred Roth from NWM to Fidelity, now what?
Replies: 14
Views: 769

Re: Transferred Roth from NWM to Fidelity, now what?

Roarindino wrote:After the transfer all the account seems to be in RALAX. Should I sell these and buy fidelity mutual funds? Or just keep RALAX and invest any future money in fidelity mutual funds?

My memory is going. What is RALAX?
by BolderBoy
Sat Jul 15, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Hello there [question about savings]
Replies: 10
Views: 840

Re: Hello there [question about savings]

Hi, my name is Brad, I'm in college and I won't graduate until my early 30s, because I started late. When I get my career going, is it feasable to save half of my paycheck. I won't have any student debt. I was thinking abour putting half in a savings account and the other half for the necessities l...
by BolderBoy
Sat Jul 15, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Income from investments, have 200k to use.
Replies: 8
Views: 1161

Re: Income from investments, have 200k to use.

What would you do with the 200k if you needed some extra income? I know real estate is an option, but I am in no position nor do I have the time to manage it. Was looking for something extremely passive. As zuma indicated, it is more complicated than that. Shooting from the hip, I'd say that a bond...
by BolderBoy
Fri Jul 14, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Fees, back-end loads, sales charges.....
Replies: 13
Views: 627

Re: Fees, back-end loads, sales charges.....

What is killing me is that my recently retired in-laws are with this advisor, and very happy with her. As well as my sister-in-law. They know we've fired the advisor, but I've kept my mouth shut since. What they do is none of my business. But honestly, the more that I learn after the fact, the more...
by BolderBoy
Fri Jul 14, 2017 9:14 am
Forum: Investing - Help with Personal Investments
Topic: Why "Exchange" Funds Instead of "Sell" Funds?
Replies: 12
Views: 959

Re: Why "Exchange" Funds Instead of "Sell" Funds?

Maybe a newbie question, but I'm in the process of selling various mutual funds and buying various Vanguard index funds. When I go to make the trade, I have the option to "sell" or "exchange." Given that these funds are all in a ROTH IRA (i.e., no tax implications), I assume the...
by BolderBoy
Fri Jul 14, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Help with transferring IRA to Vanguard
Replies: 13
Views: 535

Re: Help with transferring IRA to Vanguard

But should I liquidate everything and transfer over to Vanguard? They said the fees would be lower on the Vanguard's side, but they weren't sure what it would cost me on Edward Jones' side. Personally, when I dumped my hideous FA in 2010, I simply had them sell everything into cash and had VG harve...
by BolderBoy
Thu Jul 13, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Security Alarm Pre-Wire in New Construction
Replies: 25
Views: 1394

Re: Security Alarm Pre-Wire in New Construction

I would pre-wire and go one extra step.

Run some CAT6 (or CAT5E) cable to every corner of the house and to all entryways so you can install weatherproof HD cameras if you want.
by BolderBoy
Thu Jul 13, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Deducting MBA tuition as an allowable business expense
Replies: 15
Views: 1090

Re: Deducting MBA tuition as an allowable business expense

Only those educational expenses incurred for acquiring skills specific to line of Business are deductible, a general degree like MBA is not one. Else, any student can start a S-corp and generate tax-free income. It may be a bit grayer than that. In the last few years a nurse manager successfully de...
by BolderBoy
Thu Jul 13, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: Cash vs bond
Replies: 9
Views: 974

Re: Cash vs bond

Question for you guys. In my 457 plan it is offering a cash option at 4%. I have a 10 year time horizon from when I may need to access it. The question is this vs a bond fund for the bond allocation? Thanks What does that mean? Are they offering to pay you a 4% interest rate on your cash in the 457...
by BolderBoy
Thu Jul 13, 2017 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Ditching our money man, whats next?
Replies: 9
Views: 1184

Re: Ditching our money man, whats next?

In looking through the RIRA's investments I was taken by surprise after reading the Bogleheads book that in my account the expense ratio was over 1.7% and that doesn't account for our Money Man's cut. Needless to say it is time to cut ties I wanted to reach out to all of you for advice on how to mo...
by BolderBoy
Mon Jul 10, 2017 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange 80+ stocks with capital gains for funds?
Replies: 25
Views: 1882

Re: Exchange 80+ stocks with capital gains for funds?

So, should I pay the price ($40-50k in taxes) to exchange these now, or would deferring the taxes make more sense while doing what I can with my portfolio as-is? Any other advice or commentary? Sounds like you've figured out what to do with your 60/40 portfolio going forward. Obviously direct new, ...
by BolderBoy
Sun Jul 09, 2017 8:43 am
Forum: Personal Consumer Issues
Topic: can't logon to vanguard account [Website Down]
Replies: 92
Views: 2814

Re: Is Vanguard down this AM (7/9/17)?

Hi, Bogleheads. My apologies for the inconvenience this morning. We know some clients are having difficulty accessing their accounts as a result of an update over the weekend. We are working to make sure all clients are able to log back in as soon as possible. We apologize for any inconvenience and...
by BolderBoy
Sun Jul 09, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: should i invest lump sum in a taxable retirement account
Replies: 14
Views: 1256

Re: should i invest lump sum in a taxable retirement account

Thank you for the advise, I would like to retire within the next 6 years, so I am apprehensive about investing the total amount in the stock market now. I want to invest the money and get some growth instead of just leaving it in a low interest rate account. I know I should put the money in a tax e...
by BolderBoy
Sun Jul 09, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Missed two payments of quarterly taxes
Replies: 18
Views: 2051

Re: Missed two payments of quarterly taxes

1. Can we simply make two payments now to make up for our failure and will this mitigate some of the penalty incurred? Interest is calculated from the date the estimated payment was due until the date actually paid. Penalties only accrue for underpayment amounts that exceed XYZ amount of what was o...
by BolderBoy
Sat Jul 08, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: should i invest lump sum in a taxable retirement account
Replies: 14
Views: 1256

Re: should i invest lump sum in a taxable retirement account

Gnstric wrote:I am 58 and have 100,000 to invest . I have maxed out IRA's, should I invest the entire amount in total stock market index funds now as the market is high

Is this a lump sum v dollar cost averaging question?
by BolderBoy
Fri Jul 07, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Unable to Escape from Quicken Island ...
Replies: 28
Views: 2227

Re: Unable to Escape from Quicken Island ...

My ~20+ year old Quicken file got corrupted middle of 2016 and despite years of backups nothing I did could seem to bring it back and then I just let go. Almost all of my investments are at Vanguard (rest at Fido) and I just use the VG website for investments and I realized my bank as a Mint-like o...
by BolderBoy
Wed Jul 05, 2017 9:15 am
Forum: Investing - Theory, News & General
Topic: Wellington vs Wellington Admiral shares
Replies: 12
Views: 1900

Re: Wellington vs Wellington Admiral shares

They seem pretty similar main difference being expense ratio of 0.16 for admiral vs 0.25 for investor shares but admiral shares are almost double on cost $70 vs $40...how come and does it warrant not buying the admiral shares version and sticking with investors shares? thanks The share price of a m...
by BolderBoy
Wed Jul 05, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Mitigating time-out-of-market risk (401k rollover)
Replies: 17
Views: 1314

Re: Mitigating time-out-of-market risk (401k rollover)

OP - if your $$$ are for long term investing, then being out of the market for even "months" is little more than a blip on the graph. Doing your part as expeditiously as possible is the best you can do (without getting frazzled in minutiae.)
by BolderBoy
Wed Jul 05, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: 59 1/2 yo Question
Replies: 8
Views: 582

Re: 59 1/2 yo Question

Probably not enough info to give a good answer.

Are you still working? When will you retire?

At the top of this forum is a suggested "question posting format". It would bring much better suggestions if you would use it to tell us about yourself a bit.
by BolderBoy
Wed Jul 05, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: $800k income from biz sale
Replies: 9
Views: 1707

Re: $800k income from biz sale

Will you still have a job in the business after the acquisition or do you go out the door with the acquisition? Nope, my job sticks around, so I'll still be brining in around $150k a year. I also don't really have any debt other than about $6000 left on a Toyota. Pay that off right away. Debt-free ...
by BolderBoy
Wed Jul 05, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: What is the advantage of deferring taxes vs paying them up front?
Replies: 57
Views: 4853

Re: What is the advantage of deferring taxes vs paying them up front?

neilpilot wrote:
aristotelian wrote:Most people are in a lower tax bracket in retirement.



I planned my retirement based on that assumption. In reality, once I start SS and RMDs at age 70 my tax rate will likely be at or above pre-retirement levels.

Will be the same for me. We ought to be reveling in our prosperity.
by BolderBoy
Tue Jul 04, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Help with choosing health insurance
Replies: 9
Views: 914

Re: Help with choosing health insurance

If you or a family member had an accident that required emergency surgery or other treatment, it would be covered as if it were in-network. So emergencies which were considered "out of network" are automatically "in network" now? Was this part of the ACA? And if they are now aut...
by BolderBoy
Tue Jul 04, 2017 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best way to do 60/40 in a taxable account I only have taxable to work with
Replies: 24
Views: 1212

Re: What is the best way to do 60/40 in a taxable account I only have taxable to work with

Do you pay state taxes on muni bonds? Depends upon the state. In Colorado we pay taxes on the muni interest that is not attributable to Colorado (or Guam + PR + Virgin Islands). Same is true for Virginia (as of 2016 tax returns). My understanding is that California requires >50% of the muni fund's ...
by BolderBoy
Tue Jul 04, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 9381

Re: Long term care insurance - is it worth it?

My parents were neither impoverished nor wealthy. They had LTCI policies (from a reputable company) for >25 years. Dad died one day after becoming sick enough to need the LTCI. Mom lamented that paying all those premiums for him for all those years was a complete waste. Then mom died one month afte...
by BolderBoy
Tue Jul 04, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 9381

Re: Long term care insurance - is it worth it?

dbr wrote:What is your plan if you do need expensive care at the end of your life?

Oh, I could have added that I could self-insure. A money magazine article in the mid-2000s talked about the self-insuring option for LTC if needed.
by BolderBoy
Tue Jul 04, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 9381

Re: Long term care insurance - is it worth it?

The premiums weren't wasted. They went to pay for the benefits that others received, and for the expenses of running the insurance company (including paying the agents and the insurance company's profits). If most people need care for a short time (if at all), a policy with a longer 2 or 3 year wai...
by BolderBoy
Tue Jul 04, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 9381

Re: Long term care insurance - is it worth it?

You could be right about the moneymaking -- or not. It is also true that lots of insurance is not needed. If it were a sure need it wouldn't be insurance. What is your plan if you do need expensive care at the end of your life? Under the circumstances where LTC is needed "at the end of life&qu...
by BolderBoy
Tue Jul 04, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: What is the best way to do 60/40 in a taxable account I only have taxable to work with
Replies: 24
Views: 1212

Re: What is the best way to do 60/40 in a taxable account I only have taxable to work with

rec7 wrote:Right now I have wellington but if I go back to work it will kick me out of the 15% tax bracket.

Oh. In that case then I'd likely use Total Stock Market Index and Intermediate Term Tax-Exempt.
by BolderBoy
Tue Jul 04, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Help with choosing health insurance
Replies: 9
Views: 914

Re: Help with choosing health insurance

We can't really answer this for you, as "it depends". But fundamentally, I'd ask what is your risk exposure to *having* to use an out-of-network system? Do you travel a lot in your work? Vacation a lot out of CONUS? Are you medically savvy enough to know when you are sick or when you can j...
by BolderBoy
Tue Jul 04, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - is it worth it?
Replies: 156
Views: 9381

Re: Long term care insurance - is it worth it?

Does anyone have a perspective on this? Thanks I decided in the 1990s that I won't buy it. The actuaries working for the LTCI companies have long ago worked out that this insurance is a real moneymaker for the companies. My parents were neither impoverished nor wealthy. They had LTCI policies (from...

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