Search found 2652 matches

by BolderBoy
Fri Jan 20, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: A New Year - A New Me
Replies: 9
Views: 1076

Re: A New Year - A New Me

Tax Rate: xx% Federal (Not Sure), No State Income Tax. Welcome to the forum. The xx% number is a number that you'll want to know now and forever going forward. You'll use it in your tax planning every year. To find it, look on your form 1040 for 2015, line 43. With that number in mind, google for I...
by BolderBoy
Thu Jan 19, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Revoking Power of Attorney (Nevada)
Replies: 1
Views: 215

Re: Revoking Power of Attorney (Nevada)

1. Download revoke POWs forms for the state of residence and have both of them revoke and deliver this document to each other. Requires 2 witnesses and a notary 2. Download new durable POW forms for the state of residence and put me in as the principal agent. Requires 2 witnesses and a notary. Is i...
by BolderBoy
Thu Jan 19, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down 1.9% loan or invest
Replies: 37
Views: 2284

Re: Pay down 1.9% loan or invest

mattyfu1 wrote:Reverse the situation....

Would you borrow cash @ 1.9% to invest and hopefully earn more than that? Personally I would not, as it sets a dangerous precedent of getting into further debt.

This. Sound advice.
by BolderBoy
Thu Jan 19, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Portfolio and SRE Stock
Replies: 14
Views: 428

Re: Help with Portfolio and SRE Stock

Purpose311 wrote:I have heard that the Vanguard bond fund is not that great.

From whom did you hear it and what were you told?
by BolderBoy
Mon Jan 16, 2017 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: What's a bearish investor to do?
Replies: 28
Views: 2785

Re: What's a bearish investor to do?

I see huge risks that I believe the market is dramatically mispricing. Can you explain how you "see" these risks? I'd rather focus on how to construct a portfolio that limits exposure to equity downside risk (and possibly overexposure to the US dollar). I think the following shows a way t...
by BolderBoy
Sun Jan 15, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doin?
Replies: 31
Views: 2712

Re: How am I doin?

Looks like you are doing great. What is the composite asset allocation of your portfolio?
by BolderBoy
Thu Jan 12, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 401k re-arrangement
Replies: 3
Views: 257

Re: Help with 401k re-arrangement

My current 401k through Fidelity : 100% is in LPVIX Black Rock 2055 Lifepath: $55,000. Expense ratio 0.1%. Interesting that you show the ER as 0.1%. Morningstar.com shows it as 1.28%. The fund looks to be 85% stocks (domestic and foreign) and 15% cash. It has a 49% turnover which means it does a lo...
by BolderBoy
Thu Jan 12, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: downhill skiing
Replies: 32
Views: 2238

Re: downhill skiing

I think ex-President Gerald Ford had his second total knee replacement in his mid-80s. He asked his surgeon, "When can I get back to skiing?" Reply: "You've skied enough." Don't think he skied after that.
by BolderBoy
Thu Jan 12, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: t-IRA to Roth conversions..the rest of the story
Replies: 24
Views: 1769

Re: t-IRA to Roth conversions..the rest of the story

The biggest issue for most retirees is that a FAILURE to convert significant chunks of your tIRA will cause RMDs that push you into higher tax brackets later. This. For the OP, I did run the scenario you propose, but didn't document it very well and now looking back at it can't tell how I came up w...
by BolderBoy
Thu Jan 12, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to retire at 55 (4 years) - Questions on current direction
Replies: 10
Views: 1643

Re: Looking to retire at 55 (4 years) - Questions on current direction

Desired Asset Allocation: 70% stocks, 30% bonds Looks like you are doing pretty well to me. But as close as you are to planned retirement, you might want to lighten up your AA a bit, say to 60/40 or even 50/50. A 2008-style downturn as you enter retirement is going to hurt quite a bit at 70/30. ......
by BolderBoy
Thu Jan 12, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: I'm weary of unitized funds...is it irrational?
Replies: 21
Views: 1291

Re: I'm weary of unitized funds...is it irrational?

fantasytensai wrote:
Earl Lemongrab wrote:
fantasytensai wrote:Alas, it was my misuse of the English language that drew the ire of my fellow man.

"Ire"? You think someone was angry with you?


I give up.

Don't give up. But please educate me: what is a "unitized fund"?
by BolderBoy
Thu Jan 12, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: First taxable investment-sanity check
Replies: 15
Views: 1083

Re: First taxable investment-sanity check

Otherwise, a portion of the VBMFX will have to go in taxable, to keep equal thirds balance. I think you are doing swell, overall. Instead of VBMFX in taxable, might you consider a municipal bond fund instead, such as VG's Intermediate Term Tax-Exempt Bond Fund? Generally, use tax-exempt bond funds ...
by BolderBoy
Thu Jan 12, 2017 12:40 am
Forum: Personal Consumer Issues
Topic: Keeping kitchen knives sharp
Replies: 54
Views: 3930

Re: Keeping kitchen knives sharp

Now I'm religious about using my sharpening steel and the knives are dangerously sharp all the time. A small quibble. I keep my knives safely sharp. A dull knife is more dangerous, because it requires more effort. It was a joke... I definitely agree that a dull knife is more dangerous in my hands.
by BolderBoy
Wed Jan 11, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: thoughts about financial advisors comments regarding roth 401k
Replies: 30
Views: 3191

Re: thoughts about financial advisors comments regarding roth 401k

My reasoning is that if contributing to the Roth 401k would not cause you financial or lifestyle pain, now, then do it. Years down the line you'll be glad you did.

But if you are just getting by and financially miserable now, then go with the traditional 401k.
by BolderBoy
Wed Jan 11, 2017 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: Recent Graduate Trying to Retire by 35 and Travel the World
Replies: 9
Views: 1224

Re: Recent Graduate Trying to Retire by 35 and Travel the World

Hello Bogleheads! I am 22 and have recently graduated debt free and been working since July 2016. I am extremely interested in investing, financial independence, and retiring early. Any help would be amazing! Current Information Gross Salary: 56,000 To start with, your goal is admirable but likely ...
by BolderBoy
Wed Jan 11, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: New to medicare, I thought they billed quarterly?
Replies: 9
Views: 1166

Re: New to medicare, I thought they billed quarterly?

I'm on auto pay through my checking account. The monthly premium is taken out on the 20th of each month. But I continue to get a monthly invoice. How much is it costing to mail monthly snail-mail invoices to all the people who are on auto pay? Even with mechanical letter-pre devices, there is still...
by BolderBoy
Wed Jan 11, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Keeping kitchen knives sharp
Replies: 54
Views: 3930

Re: Keeping kitchen knives sharp

On recommendation of user RodC, I purchased one of these: http://www.worksharptools.com/sharpeners-28/power-sharpeners/work-sharp-knife-and-tool-sharpener.html If anything, he understated how well it works. My expensive chef's knives had become pitted and dinged over the last 20 years with visible n...
by BolderBoy
Tue Jan 10, 2017 11:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 11
Views: 731

Re: metro Denver Bogleheads?

BsmartSM wrote:I did not see a chapter for metro Denver...any interest?

There was one; they met last year some time, down in South Denver somewhere at a restaurant. It isn't very active or very large.
by BolderBoy
Tue Jan 10, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Are $50 drugstore and supermarket "drones" any fun?
Replies: 18
Views: 2099

Re: Are $50 drugstore and supermarket "drones" any fun?

Maybe I've missed the window of opportunity but during the Christmas shopping season it seemed as if every store was selling "drones" for $50 that claimed to be small, light, quadcopters with RC control and some rudimentary video recording device. I understand that in the world of cognosc...
by BolderBoy
Tue Jan 10, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Selling an old southern plantation
Replies: 3
Views: 990

Selling an old southern plantation

Trying to help a friend with selling a VERY old house/property. Inherited. 300 yr old southern plantation home in very rural, southern Virginia well off the beaten path (it is on a dirt road). On federal and state historic registries. Updated with "modern" conveniences but retains its orig...
by BolderBoy
Tue Jan 10, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Looking to hear from interest rate prognosticators...what to do with my ARM
Replies: 11
Views: 446

Re: Looking to hear from interest rate prognosticators...what to do with my ARM

Has there been a period of time when interest rates have skyrocketed? Take a look at 1980-81; was ghastly. For a short time, my MM fund was paying >18% interest. My friend from South Africa proclaimed that we in the USA would never see mortgages offered at 5% again. Will that happen going forward? ...
by BolderBoy
Mon Jan 09, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: How Severe is an HSA Audit?
Replies: 29
Views: 3395

Re: How Severe is an HSA Audit?

I have not had an HSA audit. My understanding is that any monies removed from an HSA account (for any reason) that are not, or have not been, spent on legitimate healthcare needs, are taxed at your marginal tax rate. So an audit may find you owe back taxes (perhaps interest) and if the $$$ amount ri...
by BolderBoy
Mon Jan 09, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: kiddie tax
Replies: 15
Views: 1329

Re: kiddie tax

northtexan wrote:My dad does not claim me as a dependent for tax purposes.

I need the wisdom of the masses here. Doesn't one need to be claimed as a dependent for "support" to enter the picture?

If he isn't being claimed, doesn't that mean he is supporting himself from a tax perspective?
by BolderBoy
Mon Jan 09, 2017 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Starting fresh
Replies: 5
Views: 600

Re: Starting fresh

Suggest making it easier for people to respond by not making them look up all the tickers - we don't have them memorized! 1) You can tax loss harvest without Wealthfront. Do they offer other services you need? I would not. 2) 55% Total Stock VTSAX, 25% International Stock VTIAX, 15% VBTLK Total Bon...
by BolderBoy
Sun Jan 08, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Help for friend
Replies: 8
Views: 828

Re: Help for friend

brownsfan2k5 wrote:I can get a 25K home equity loan...

Can't borrow his way out of debt.
by BolderBoy
Sun Jan 08, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: General questions regarding total stock market index funds.
Replies: 5
Views: 612

Re: General questions regarding total stock market index funds.

Given that the US stock market is at its all time high right now, does it make sense to wait for a few years before putting money into a total US stock market index fund? No, it makes no sense to do that. The reasoning is that I m betting... ... and this is the reason why it makes no sense. Betting...
by BolderBoy
Sun Jan 08, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: newer investor, wondering about allocation
Replies: 3
Views: 254

Re: newer investor, wondering about allocation

cone774413 wrote:What am I missing?

You are not missing anything and your portfolio looks acceptable (a little light on the bond portion for my tastes but not awful).
by BolderBoy
Sun Jan 08, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover 401k into New 401K instead of IRA to preserve backdoor IRA?
Replies: 11
Views: 681

Re: Rollover 401k into New 401K instead of IRA to preserve backdoor IRA?

I bought this up with a Personal Capital rep during an initial discussion and he quickly shut down the idea saying you make too much. I wasn't sure if it was because he thinks backdoors are shady or bc it would mean that i was not rolling over with him. or i really couldn't do it. He may be ignoran...
by BolderBoy
Sun Jan 08, 2017 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. citizen in Japan
Replies: 8
Views: 933

Re: U.S. citizen in Japan

I'm a U.S. citizen, 30s, living in Japan long-term. Not married. Annual income approximately $50,000 USD. Let's suppose 20+ more years in Japan, maybe longer. My general question is how to save for retirement either in the U.S. or Japan, and more specifically which of the various options could work...
by BolderBoy
Sun Jan 08, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Managing a messy inherited portfolio
Replies: 9
Views: 798

Re: Managing a messy inherited portfolio

Edward Jones. We met with the advisor who repeatedly refused to answer any questions on fees and costs. Direct quote, repeated about half a dozen times: "you don't want to get all twisted up in your underwear worrying about fees." Assets were promptly transferred in-kind to Vanguard. Haha...
by BolderBoy
Sun Jan 08, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Investing
Replies: 13
Views: 1245

Re: Lump Sum Investing

A little background: I have transferred approximately $90K into Vanguard's money market account (Roth) from another broker and am now going to buy "Admiral" index fund shares. I would like to do this before I file taxes so it doesn't count towards 2017 annual Roth max. I want to allocate ...
by BolderBoy
Sun Jan 08, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 9
Views: 1045

Re: Paying off my mortgage

If you are already covering the other important things first (emergency fund, maxing out retirement contributions, insurances, etc), sure - go ahead and pay off your mortgage.
by BolderBoy
Sun Jan 08, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?
Replies: 36
Views: 1601

Re: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?

"Or have other ideas?"

I don't think that community colleges require SAT/ACT, do they? If they don't, encourage your kid to start there. With two years of proof-of-ability under his belt, he can transfer to finish up at a 4 year college, likely without ever having to take the ACT/SAT.
by BolderBoy
Sun Jan 08, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: AT&T cell: way to avoid paying for spam texts?
Replies: 21
Views: 1341

Re: AT&T cell: way to avoid paying for spam texts?

CFIT wrote:Not a lot of money, but I find it irritating.

Any suggestions on how to deal with this? From what I've read AT&T will not disable texting for an smartphone on their network.

If the business is located in your state, sue them in small claims court.
by BolderBoy
Sat Jan 07, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Rewritable DVD and copying VHS tapes
Replies: 15
Views: 1106

Re: Rewritable DVD and copying VHS tapes

Thanks for the suggestion. I am a bit of a technologic "nerd" in the project and am using an Apple Mac Mini system. I want to the Hauppauge site and it seems the device you mentioned requires connecting to a PC to work. I wasn't able to find an equivalent device made by them for the Mac. ...
by BolderBoy
Fri Jan 06, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 5274

Re: What monetary value has your education provided you?

For those who have the numbers handy, what kind of multipliers are you seeing when you divide lifetime earnings by the cost of your degree? What a very interesting thread you started. My "return on education" came out to 403x. I knew that it would be good, but until I took the time to act...
by BolderBoy
Fri Jan 06, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Sole proprietorship question
Replies: 2
Views: 269

Re: Sole proprietorship question

Hopefully this is filed under the right section and hopefully there are some of you out there who may be able to help answer this: DH's business was setup as a sole proprietorship in California using a fictitious name (let's call this Company X). We have been in business for a few years now and hav...
by BolderBoy
Fri Jan 06, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Settlement Advice
Replies: 19
Views: 1102

Re: Auto Insurance Settlement Advice

1) have an initial free consultation with personal injury lawyer 2) contact insurance company and tell them that on advice of your attorney, you're asking for $9k without his help 3) if they don't agree, let the insurance company know the name of the lawyer and that all contact should be made throu...
by BolderBoy
Fri Jan 06, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Rewritable DVD and copying VHS tapes
Replies: 15
Views: 1106

Re: Rewritable DVD and copying VHS tapes

I recognize that DVD technology is becoming obsolete and I certainly welcome thoughts about how to store these memories in a format which may be longer-lasting once I get them into a digital format. This is offered merely as an "how I do it" in case you might glean some ideas. I don't use...
by BolderBoy
Thu Jan 05, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA with Vanguard
Replies: 4
Views: 448

Re: Backdoor Roth IRA with Vanguard

I have a Roth IRA with Vanguard and in 2017 I'll be unable to directly contribute to it so I've opened a traditional IRA with Vanguard as well and $5500 from my bank has now been transferred into the tIRA and is sitting in the federal money market fund. Do I use the "Convert to Roth IRA" ...
by BolderBoy
Thu Jan 05, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: using Health Savings Account (HSA) to pay for Medicare supplement premium
Replies: 7
Views: 704

Re: using Health Savings Account (HSA) to pay for Medicare supplement premium

To answer the statement in the subject line, (unless something has changed since June 2015, when I looked this up) you cannot do this.
by BolderBoy
Wed Jan 04, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Avoiding Hacking / Responsible Steps To Take Online
Replies: 18
Views: 1643

Re: Avoiding Hacking / Responsible Steps To Take Online

If you use a password manager with 64 character fully randomized per account unique passwords, the frequency you need to change passwords is never. 64 [keyboard] characters is something like 512 bits. Almost no vendors allow for passwords of that length. 10 completely random characters is probably ...
by BolderBoy
Tue Jan 03, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - Is it worth it?
Replies: 85
Views: 5263

Re: Is Tax Loss Harvesting Worth the Hassle?

1) Is tax loss harvesting worth the hassle? I know some of you will say "what hassle?"...but anything which requires me to sell seems like a hassle and has the potential to take me off course. I am planning to hold my funds until the end of time (or retirement- whichever comes first). I w...
by BolderBoy
Tue Jan 03, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: 26(f) retirement program
Replies: 3
Views: 16180

Re: 26(f) retirement program

Money morning sent me email regarding 26f retirement program. Any thoughts on merits? I have never heard of this. Run. And don't look back. Snake oil dressed up as something else. Looks like 2017 won't be different. http://moneymorning.com/2016/12/21/how-a-26f-program-can-save-your-retirement/
by BolderBoy
Mon Jan 02, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: wife second job and retirement accout
Replies: 2
Views: 322

Re: wife second job and retirement accout

I'm hoping I can get some advice here. My wife has a second job (per diem) and recently the employer switched their retirement program around and rolled over her retirement account to a new Fidelity IRA.I'm just learning this today. Her permanent job is a state govt job with a defined benefit retir...
by BolderBoy
Mon Jan 02, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate new job offer with no 401k match
Replies: 14
Views: 811

Re: Help evaluate new job offer with no 401k match

I'd take the new job. Simply save 3% more to make up for the lost match.
by BolderBoy
Mon Jan 02, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?
Replies: 15
Views: 664

Re: Allowable expenses for Sched C jobs, when expenses "overlap" with W2 job requirements?

neurosphere wrote:Thoughts?

My "thoughts" are that if you were audited, the IRS might suggest that an apportionment of the expenses relative to the incomes generated by each of the work-settings would be fair, in the IRS's collective mind.

Then it would be up to you to challenge that approach.
by BolderBoy
Sun Jan 01, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Cox phone service, how to do extensions etc.
Replies: 6
Views: 447

Re: Cox phone service, how to do extensions etc.

Since you already have broadband internet and are considering going with VoIP (the Cox phone service), have you shopped around a little? How much will the Cox phone service cost you? There are a lot of heavily competing VoIP providers out there who will provide the "phone box" and you just...
by BolderBoy
Sun Jan 01, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: The average investor made just over 5% in 2016, according to Openfolio
Replies: 21
Views: 2886

Re: The average investor made just over 5% in 2016, according to Openfolio

triceratop wrote:Correct, I mean the latter, personal return number.

Guess they just needed another day. My personal 1-year return number shows 5.8% (which is way more than I spend) as of 12/30/2016. This with mostly a 2-Fund, 35/65 portfolio all year.

I'm a happy camper :D

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