Search found 727 matches

by Clever_Username
Fri Oct 20, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 33
Views: 3972

Re: new 401(k) limits announced

This is probably a stupid question on my part, but are other workplace plans affected too? I'm particularly interested to know if I can contribute the new amount to my 403(b). Yes, of course.... "The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal...
by Clever_Username
Fri Oct 20, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 33
Views: 3972

Re: new 401(k) limits announced

This is probably a stupid question on my part, but are other workplace plans affected too? I'm particularly interested to know if I can contribute the new amount to my 403(b).
by Clever_Username
Tue Oct 10, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13697

Re: [Boglehead vs Mr Money Mustache philosophies]

I must be the wrong type of doctor. I'm nowhere near $400K/year. I'm happy if I get a third of that.
by Clever_Username
Thu Oct 05, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4130

Re: How much worth house should one buy?

Well, this thread is worrying (for me). On one hand, the greater Los Angeles area is a bit expensive for housing ... on the other hand, my Vanguard account (where most of my non-house-related net-worth lives) is about 50% of the purchase price of my home. On the other hand, it seems a lot of people ...
by Clever_Username
Tue Oct 03, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Would you recommend moving an Edwards Jones IRA to Vanguard?
Replies: 16
Views: 1386

Re: Would you recommend moving an Edwards Jones IRA to Vanguard?

Personally I would follow the steps in the Vanguard link below :happy https://investor.vanguard.com/account-transfer/how-to-transfer-money I want to second this (and the overall recommendation) and emphasize the part where you do a PULL from Vanguard (by starting the process with them) rather than ...
by Clever_Username
Thu Sep 28, 2017 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Expanding to taxable, efficiency question
Replies: 6
Views: 624

Re: Expanding to taxable, efficiency question

Thank you to everyone for the feedback; I really do appreciate it. It looks like I'm going to go with California intermediate-term (unless there's some reason I should go with long-term) tax-exempt bond fund in taxable, and adjust my allocation of stocks/bonds in my 403(b) and/or IRA(s) to keep the ...
by Clever_Username
Thu Sep 28, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Expanding to taxable, efficiency question
Replies: 6
Views: 624

Re: Expanding to taxable, efficiency question

Thank you both for the advice! As a California resident, Vanguard offers Short, Intermediate and Long-Term CA Tax-Exempt Bond funds. With these you would get Federal and State tax-exempt interest. (I admit, I do not know if there are "gotchas" that could cause you to not be able to capture the tax-e...
by Clever_Username
Thu Sep 28, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Expanding to taxable, efficiency question
Replies: 6
Views: 624

Expanding to taxable, efficiency question

Emergency funds: Yes, plenty. Debt: Mortgage (I do not plan to pay mine down early), nominal student loan debt (very low interest rate, automatic payments) Tax Filing Status: Single Tax Rate: 28% Federal, 9.3% State State of Residence: California Age: 34 Desired Asset allocation: 70% stocks / 30% bo...
by Clever_Username
Thu Jul 20, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Keurig vs coffeemaker - and the Keurig won
Replies: 53
Views: 4057

Re: Keurig vs coffeemaker - and the Keurig won

A friend of mine won a second (to him) Keurig a while back and was trying to get rid of it. He gave it to me as a housewarming present (at my now-old apartment) 14 months ago. It's great. (Edit: this statement makes it look resentful; I'm not. It's a great gift and I don't intend to demean how my fr...
by Clever_Username
Sun Jul 16, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Buying beach bungalow in San Diego for Winters
Replies: 55
Views: 4991

Re: Buying beach bungalow in San Diego for Winters

Reasons already covered to not do it: * Beyond your stated budget * Managing a rental property that far away can be a problem * California will likely consider you a full-time resident for tax purposes. Important reason not yet covered: * Pizza. If you live in Chicago, you're probably used to good p...
by Clever_Username
Mon Jul 03, 2017 6:49 pm
Forum: Personal Consumer Issues
Topic: Verizon- Why do they treat old customers worse?
Replies: 47
Views: 5568

Re: Verizon- Why do they treat old customers worse?

If I could find a cheap way to exclude Comcast and their ilk from my TSM holdings, I would happily do so. You could hold an equivalent short position after calculating just how much Comcast stock you own (total TSM * their % of total market). This may or may not achieve what you're looking for thou...
by Clever_Username
Mon Jul 03, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: FIREcalc says I can retire. Should I ?
Replies: 19
Views: 4019

Re: FIREcalc says I can retire. Should I ?

I may have missed the key point: do you want to retire? Retiring when you have no desire to do doesn't strike me as a good idea. You could also consider scaling back your time at work if your employer is amenable to this. A few days a week or reduced hours might make for a great work week with extra...
by Clever_Username
Mon Jul 03, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Verizon- Why do they treat old customers worse?
Replies: 47
Views: 5568

Re: Verizon- Why do they treat old customers worse?

I don't know, Verizon treated me pretty poorly as a potential customer. I inquired about FIOS service, found out in my then-area it was slower than traditional cable internet, so I declined. They sent me a bill for the call!

I didn't pay and challenging it was a hassle.
by Clever_Username
Fri Jun 30, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 7404

Re: Those who max 401k

The max is $18k/year. My salary is $82k so I do 21%(+4% match) of which 15% is traditional and 6% is roth. I am also thinking of doing $5k rothIRA since I am contributing $2k month to my taxable. Unless the $2k/month into taxable is earmarked for something pre-retirement, I would encourage you to p...
by Clever_Username
Fri Jun 30, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 7404

Re: Those who max 401k

My employer allows me to ask to max mine out. They make sure I will be able to contribute each month in order to get the maximum matching and finish with $18,000 contributed by the end of December. It helps a bit that I am paid monthly and pretty much can only get a raise that would take effect in t...
by Clever_Username
Thu Jun 29, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Familiar w/ DocuSign? Secure?
Replies: 13
Views: 1052

Re: Familiar w/ DocuSign? Secure?

mega317 wrote:Yeah we used docusign for our most recent home sale and purchase. No code, just clicked the link. Not great.
Same. I also used it for a lease on my previous apartment and for leasing out my previous condo.
by Clever_Username
Sun Jun 25, 2017 12:20 am
Forum: Personal Finance (Not Investing)
Topic: If I want to have a safe portfolio in case of...
Replies: 23
Views: 2039

Re: If I want to have a safe portfolio in case of...

Mrxyz wrote:
johnra wrote:Go into cash, wait your chance, then come back in.
So cash is better/safer than all bonds?
Selling to get cash will trigger taxes also.
So will selling to get to bonds, assuming we're talking about the non-tax-advantaged portion of your portfolio.
by Clever_Username
Wed Jun 21, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Co-workers advising to buy house RIGHT NOW
Replies: 63
Views: 6946

Re: Co-workers advising to buy house RIGHT NOW

Your co-workers want you to act in a way that validates their decision. If you don't buy, maybe they made a mistake and bought when they should have waited. If you do buy, and prices have gone up since they bought, they made a great decision to buy when they did. See how that works? They are not ad...
by Clever_Username
Mon Jun 19, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: So sick of it! [Paying off student loans]
Replies: 42
Views: 6927

Re: So sick of it! [Paying off student loans]

To a previous post. Pretty much everyone that posts here cannot deduct student loan interest. I'm not sure that's true. I think the limit (someone correct me if I'm wrong) is $75,000, and it's a deduction regardless of itemization. I think there are plenty of people on this board who fit into that,...
by Clever_Username
Sun Jun 18, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: So sick of it! [Paying off student loans]
Replies: 42
Views: 6927

Re: So sick of it! [Paying off student loans]

Goal33 wrote:
Clever_Username wrote:I'm in no hurry to pay off my mortgage at 4.25% either.
You should be in a hurry to refinance it at a lower rate while you still can, though.
It's a new mortgage, so I don't think a lower rate was out there. It's also a 30-year, not a 15-year.
by Clever_Username
Sun Jun 18, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: So sick of it! [Paying off student loans]
Replies: 42
Views: 6927

Re: So sick of it! [Paying off student loans]

I am going to miss my student loans when they're gone, which I think will be in about 4.5 years. I pay $100/month, of which about $10 goes to interest. I think it's $100 because I can't do auto-debit (which gives me a further break on interest) on less. I might be wrong on that. I mostly don't think...
by Clever_Username
Fri Jun 16, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Need WIFI repeater or second router Advice
Replies: 45
Views: 3083

Re: Need WIFI repeater or second router Advice

I have since switched to the Google mesh network system with 2 pods, and it works flawlessly 100% of the time - the signal is so strong that I even get HD video signal in my garage now, whereas before I got zero bars, even with the repeater situated 2 walls away <15 feet away. Second vote for this....
by Clever_Username
Thu Jun 15, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: Contractor took deposit but never did any work. What next?
Replies: 55
Views: 7142

Re: Contractor took deposit but never did any work. What next?

follow up and answer some questions: 1) I contacted a lawyer today and awaiting for a response 2) I would prefer not to divulge the exact amount but it is for a 5 figure sum which is well above the small claims court maximum. If it was something like $1500 I would just eat the loss, but at 5 figure...
by Clever_Username
Wed Jun 14, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Solar Tax Trick or Scam
Replies: 9
Views: 1616

Re: Solar Tax Trick or Scam

The way my friends explained it to me was that they would create a business that would generate electricity, give it to the utility, which would pay them in-kind (in electricity) for their electricity they generated. They would then be able to deduct a bunch of business expenses. I googled a bit, a...
by Clever_Username
Tue Jun 13, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 14016

Re: Who takes financial chances and why is this forum so financially conservative?

In my career about 20 minutes into a conversation I can figure out the math oriented folks as they want logic for EVERYTHING. Only problem is life doesn't work that way. But shouldn't life work that way? Quick, am I mathematically oriented or not? :D If you were, wouldn't your user name be ErlangCo...
by Clever_Username
Tue Jun 13, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 14016

Re: Who takes financial chances and why is this forum so financially conservative?

In my career about 20 minutes into a conversation I can figure out the math oriented folks as they want logic for EVERYTHING. Only problem is life doesn't work that way. But shouldn't life work that way? Quick, am I mathematically oriented or not? :D If you were, wouldn't your user name be ErlangCo...
by Clever_Username
Tue Jun 13, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Pay Mortgage vs. Buy Bonds
Replies: 61
Views: 5759

Re: Pay Mortgage vs. Buy Bonds

A home you live in behaves more like an annuity than a bond; it decreases your need to spend money, but it can't easily be converted into the time value of the money. Thus it makes sense to change to a more aggressive asset allocation once you own a home, if you are treating the mortgage as a negat...
by Clever_Username
Mon Jun 12, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Pay Mortgage vs. Buy Bonds
Replies: 61
Views: 5759

Re: Pay Mortgage vs. Buy Bonds

A home you live in behaves more like an annuity than a bond; it decreases your need to spend money, but it can't easily be converted into the time value of the money. Thus it makes sense to change to a more aggressive asset allocation once you own a home, if you are treating the mortgage as a negat...
by Clever_Username
Mon Jun 12, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Auto-Debit May Not Be Such a Good Idea
Replies: 25
Views: 3481

Re: Auto-Debit May Not Be Such a Good Idea

My auto-pays are on credit card. My cable internet provider though will charge me to not send a physical bill each month. So I get a paper bill each month, open it, and see when my auto pay is going to happen (it literally says this on the paper). So that's reassuring. Just got a new mortgage, have ...
by Clever_Username
Thu Jun 08, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Home Owner ---- mortgage or cash?
Replies: 8
Views: 1392

Re: First Time Home Owner ---- mortgage or cash?

Congratulations on the new place!
by Clever_Username
Thu Jun 08, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: I'm considering buying a house in the $800k range.. can I?
Replies: 67
Views: 7025

Re: I'm considering buying a house in the $800k range.. can I?

edit: Basically, one of the reasons is this. I can't marry my GF without moving in with her. I can't move in with her without a bigger place than I current have, especially because she works night shift and we'd be waking each other up all the time. So if I want to progress the relationship (I do) ...
by Clever_Username
Mon Jun 05, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: How to find best but the cheapest red wine for better health?
Replies: 14
Views: 1139

Re: How to find best but the cheapest red wine for better health?

I'm not that kind of doctor and I'm certainly not your doctor. So this is just what I drink.

Trader Joe's has a handful of $4 or so wines. They tend to taste better than "Two Buck" (now about $3) Chuck (Charles Shaw) wines.

Grifone Sangiovese is one I like. Purple Moon Shiraz is nice too.
by Clever_Username
Sat May 20, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Rice Cooker
Replies: 41
Views: 4036

Re: Rice Cooker

Do you folks wash your rice prior to cooking it? Wash - I mean - cover with water stir until water turns white - drain - and repeat about 2 more times until water is clear? If you don't do this - you usually have a gel like goop mess to deal with. I didn't realize there were people who didn't wash ...
by Clever_Username
Thu May 18, 2017 11:27 pm
Forum: Personal Consumer Issues
Topic: Rice Cooker
Replies: 41
Views: 4036

Re: Rice Cooker

I have had my rice cooker since college (I'm mid-30s now). It's amazing. I'm glad you like yours.
by Clever_Username
Wed May 17, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1056481

Re: U.S. stocks in freefall

SquawkIdent wrote:Just like Toons and Mr. Buffett say....use that noise to your advantage.


Two excellent sources of advice, may I add.
by Clever_Username
Mon May 15, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Safe, low volatility ETFs with monthly dividend payout
Replies: 14
Views: 1027

Re: Safe, low volatility ETFs with monthly dividend payout

It sounds like you're looking for a bond fund.

(Edit) Or a money market. Those are low volatile and have monthly payouts.
by Clever_Username
Wed May 03, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Are we all forgetting our taxable accounts?
Replies: 79
Views: 10848

Re: Are we all forgetting our taxable accounts?

I agree with the view that the money I put into tax-advantaged accounts when I'm younger can be used to shift money to when I'm older, as it eliminates the need to contribute to the account at those ages. I currently have approx. $240K in tax-advantaged savings earmarked and am 33 years old. If that...
by Clever_Username
Wed May 03, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Who Contributes to IRA's?
Replies: 8
Views: 1302

Re: Who Contributes to IRA's?

Nice to know my younger sister is an exception (I fit into one of the three categories). Between her 401(k) at work and maxing out her IRA each year, she manages to save 20% of her salary. Some of that I subsidize in the form of gifting money to match some of her contributions.
by Clever_Username
Mon May 01, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: I bonds May 2017
Replies: 66
Views: 9848

Re: I bonds May 2017

Fixed rate is in fact 0%, glad I bought last month... https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm#compositerate Yup. Last month was the month to have bought them. Um, wasn't fixed rate 0% last month as well? Or am I just not understanding? (The latter ...
by Clever_Username
Fri Apr 28, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: Sell in May and go away - not this year?
Replies: 15
Views: 2906

Re: Sell in May and go away - not this year?

The AFC won the Super Bowl, so we're in for a bear. https://en.wikipedia.org/wiki/Super_Bowl_indicator As of January 2017, the indicator has been correct 40 out of 50 times, as measured by the S&P 500 Index – a success rate of 80%. Seems like a weird rule given that the Bears are in the NFC.
by Clever_Username
Thu Apr 27, 2017 6:50 pm
Forum: Investing - Theory, News & General
Topic: Sell in May and go away - not this year?
Replies: 15
Views: 2906

Re: Sell in May and go away - not this year?

If there's a way to successfully time the market, it isn't going to be deterministic or well-known.
by Clever_Username
Thu Apr 27, 2017 6:48 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 5245

Re: Is $20K I-Bonds considered cash or bond?

I like Nisi's description of "conservative assets" instead of obsessing over "is this a bond or not?" As for me, I view them as part of my bond allocation when I think of my overall portfolio as "stocks and bonds." However, I also view them as a tier in my emergency fun...
by Clever_Username
Thu Apr 27, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Los Angeles house buying
Replies: 38
Views: 4282

Re: Los Angeles house buying

I'm under contract to buy in the greater Los Angeles area (not L.A. City) soon. Give or take at 5x earnings. However, with savings, equity from my previous place, and fairly low expenses outside of housing, I'm not terribly worried. The usual pick X of 3: Affordability: I make good money and don't s...
by Clever_Username
Sun Apr 23, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 42053

Re: Larry Swedroe says "Goodby."

Tragic. Great author, loved seeing his posts too. If you're reading this, thanks for all you did Larry.
by Clever_Username
Tue Apr 18, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache is doing an Ask Me Anything (AMA) on Reddit Today
Replies: 6
Views: 2009

Re: Mr. Money Mustache is doing an Ask Me Anything (AMA) on Reddit Today

MMM said on Facebook he was doing a Reddit AMA today at 1PM EST Also verified on Twitter: m (and that account is linked from his website) That having been said, I'm not sure what I'd ask him. I like his articles on frugality and cutting unnecessary expenses. I find his battles with the Internet Ret...
by Clever_Username
Mon Apr 10, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: "We're changing how we report costs. You still benefit."
Replies: 14
Views: 2622

Re: "We're changing how we report costs. You still benefit."

The highest cost Vanguard fund is, I believe, Vanguard Emerging Markets select at 90 basis points. I have never heard of this fund, and it has $400M in assets compared to $541B in Total Stock Market and $300B in S&P 500 funds, which are 16 basis points at most if you hold Investor shares. Why s...
by Clever_Username
Sun Apr 09, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: "We're changing how we report costs. You still benefit."
Replies: 14
Views: 2622

Re: "We're changing how we report costs. You still benefit."

The highest cost Vanguard fund is, I believe, Vanguard Emerging Markets select at 90 basis points. I have never heard of this fund, and it has $400M in assets compared to $541B in Total Stock Market and $300B in S&P 500 funds, which are 16 basis points at most if you hold Investor shares. Why s...
by Clever_Username
Thu Apr 06, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Unique position
Replies: 17
Views: 1187

Re: Unique position

I have very recently found this forum, and I'm not surprised that so many people hold this philosophy. I have been studying the stock market and I am coming to the unfortunate realization that unless I get lucky, I'm probably not going to get way ahead by picking my own stocks. I will still leave a...
by Clever_Username
Tue Apr 04, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Conflict of Interest at work - could I get fired?
Replies: 21
Views: 3760

Re: Conflict of Interest at work - could I get fired?

If you're in 49 of the 50 states, the default is at-will employment, and other than a few particular things like race, you can be fired for any reason absent a contract otherwise. That's bad news, but it also works in your favor that you can leave when you want also. Failing to disclose a potential ...