Search found 285 matches

by CppCoder
Thu Mar 23, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: home buying negotiation tips
Replies: 10
Views: 860

Re: home buying negotiation tips

⋅  Make offers on homes that have been on the market significantly longer than the average. Realtors would prefer volume to price. They don't make money working to sell a house for $10k more if it takes them an extra six months. ⋅  Make offers on empty homes. Once someone has ha...
by CppCoder
Thu Mar 23, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stocks w/pension?
Replies: 17
Views: 1655

Re: 100% stocks w/pension?

What is your guarantee that the pension will remain solvent? I too have a *promise* of a very generous pension, but with 15-20 years to go, I'm 70/30 at age 40. First, nothing is guaranteed until they hand you the check. Second, while I like my job, I don't want to financially shackle myself in case...
by CppCoder
Thu Mar 23, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: Why buy short-term bond funds when you can get 1% in savings acct?
Replies: 29
Views: 2393

Re: Why buy short-term bond funds when you can get 1% in savings acct?

I keep all of my fixed income (other than my emergency fund) in tax deferred accounts. Last time I looked, an Ally savings account is not part of my 401k.
by CppCoder
Wed Mar 22, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K vs. 401K
Replies: 18
Views: 1017

Re: Roth 401K vs. 401K

I would probably be better served with a Roth 401k (max all tax-advantaged retirement space and have a substantial pension), but I contribute to the traditional 401k anyway. I just can't bring myself to pay the 28% or 33% marginal rate now vs. the who knows what I'll pay with a large tax deferred po...
by CppCoder
Wed Mar 22, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: How Do I Do More?
Replies: 17
Views: 1647

Re: How Do I Do More?

I see a lot of advice from people for switching from Roth to traditional in your 401k. That's good advice. However, your original question was what can you do to generate more income creatively. Since you say you're not an artist, I'll take "creative" to mean in some unique or novel (to yo...
by CppCoder
Tue Mar 21, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: What building year I should seek when shopping for a house?
Replies: 32
Views: 2089

Re: What building year I should seek when shopping for a house?

My experience has been that houses built in different decades have different styles. HVAC, appliances, carpets, cabinets, counters, etc. can all be replaced. It's much harder to fix a bad floor plan. For some reason, my wife and I prefer homes constructed in the early 2000s.
by CppCoder
Tue Mar 21, 2017 7:22 pm
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2268

Re: Anybody using the TERMINAL over the GUI in ubuntu?

CppCoder wrote:I love to use the command line. For fun, I'm replying to your post using lynx. I'm excited to see if it's a horrible mess after I submit it and check it in chrome!

Wow, it actually worked. I guess bogleheads.org could have survived in 1994! Yes, bad form to reply to myself...
by CppCoder
Tue Mar 21, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: Anybody using the TERMINAL over the GUI in ubuntu?
Replies: 45
Views: 2268

Re: Anybody using the TERMINAL over the GUI in ubuntu?

I love to use the command line. For fun, I'm replying to your post using lynx. I'm excited to see if it's a horrible mess after I submit it and check it in chrome!
by CppCoder
Tue Mar 21, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: How do you allocate your contributions?
Replies: 6
Views: 396

Re: How do you allocate your contributions?

If you are dead on the day you invest, then split 70/30. If I'm dead on the day I invest, then I won't do anything, but my wife has instructions for what to do with the life insurance :twisted:. Sorry, I couldn't resist. To answer the OP's question, it's different for everyone. Every two weeks, I c...
by CppCoder
Tue Mar 21, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6044

Re: Am I Addicted [to contribute to my taxable account]

$65K a year is more than most docs invest and even if it is my recommended 20% still suggests a gross income of $325K, a well-above average doctor salary. So if all you did was max out your tax-protected space and spent the rest on a Mercedes, that would be fine. I'm fortunate in that I have even m...
by CppCoder
Mon Mar 20, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Back to School
Replies: 7
Views: 476

Re: Back to School

I only knew one person who ever tried this. He wanted to get a Ph.D. in computational and applied mathematics because of personal interest. He was already doing a research job in this area, so he had the aptitude, just not the advanced degree. Last I knew, he stopped after completing a thesis master...
by CppCoder
Mon Mar 20, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Utah Vs. New York 529 - Which one and why?
Replies: 18
Views: 874

Re: Utah Vs. New York 529 - Which one and why?

We had Utah. If you want to track your investments, the Utah plan uses actual Vanguard ticker symbols along with all that entails: You get transactions for reinvested distributions. You get shares removed for any quarterly fees. But you don't have to worry about not being able to look up prices at ...
by CppCoder
Mon Mar 20, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6044

Re: Am I Addicted [to contribute to my taxable account]

[ My problem is that I've always wanted a taxable account to do taxable account things with. Like invest conveniently in real estate, tax loss harvest, pay off the mortgage and the like. But I have a massive amount of tax-protected space available to me and I'm not dumb enough to pass on it and inv...
by CppCoder
Sat Mar 11, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down 3.5% mortgage vs. 3% CD, and other options
Replies: 24
Views: 2300

Re: Pay down 3.5% mortgage vs. 3% CD, and other options

Thanks for the feedback. A couple of you brought up the option of tax-exempt bond funds. VWLUX (Vanguard long term tax exempt) seems most appropriate, and at 2.8% would be better than paying down the mortgage considering taxes, in addition to being liquid. It would also be much better than a 3% CD ...
by CppCoder
Fri Feb 10, 2017 9:43 pm
Forum: Personal Consumer Issues
Topic: 2 Days in Nashville - What to see
Replies: 16
Views: 1053

Re: 2 Days in Nashville - What to see

Even if you're not staying there, the Opryland Hotel is actually pretty neat to visit. I used to enjoy just walking around the indoor gardens. It is especially pretty at Christmas time. Edited to add a link: http://www.marriott.com/hotels/travel/bnago-gaylord-opryland-resort-and-convention-center/
by CppCoder
Fri Feb 10, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 R - After-tax Traditional 401K to Roth IRA rollover
Replies: 10
Views: 832

Re: 1099 R - After-tax Traditional 401K to Roth IRA rollover

I did an in-plan Roth conversion of my after-tax 401k. I too had a $0 amount for my Box 2a earnings! :D Of course, it was because my investments (bonds) all lost money. :oops: Fortunately, my after-tax subaccount retains the loss in case I earn something this year. :beer One interesting thing I foun...
by CppCoder
Fri Feb 10, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Extremely lazy - just invest in Vanguard target retirement for ROTH, taxable etc?
Replies: 7
Views: 844

Re: Extremely lazy - just invest in Vanguard target retirement for ROTH, taxable etc?

My spouse and I plan on retiring around 2050. If we don't want to worry about rebalancing etc. and just want to put our money into retirement in a reasonably aggressive yet conscientious method (ie Bogleheads strategy) but be lazy about it - should we just invest in VFIFX (Vanguard Target Retiremen...
by CppCoder
Wed Feb 08, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: What is the closest fund to Total Bond Market (Locked Out)?
Replies: 4
Views: 515

Re: What is the closest fund to Total Bond Market (Locked Out)?

If you don't object to ETFs, you could replace it with its exact equivalent, BND (Vanguard Total Bond Market ETF).
by CppCoder
Mon Feb 06, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: ETF Rebalancing at Fidelity IRA
Replies: 9
Views: 564

Re: ETF Rebalancing at Fidelity IRA

I can't see why anyone would favor ETFs if their goal was to enter trades at night. My opinion is that you are much better off using mutual funds. Instead of buying and selling ETFs with limit orders (or Fidelity conditional orders), with mutual funds, you can just do a fund exchange. If you submit...
by CppCoder
Mon Feb 06, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Is my portfolio 73/27 or 92/8?
Replies: 10
Views: 1003

Re: Is my portfolio 73/27 or 92/8?

I know that I could hold bonds in the tax-advantaged accounts and equities in taxable and sell if I need to, but I'm more comfortable separating "retirement" money from "non retirement" money and I like to keep only "retirement" money in my tax-advantaged accounts. Is ...
by CppCoder
Mon Feb 06, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: ETF Rebalancing at Fidelity IRA
Replies: 9
Views: 564

Re: ETF Rebalancing at Fidelity IRA

I can't see why anyone would favor ETFs if their goal was to enter trades at night. My opinion is that you are much better off using mutual funds. Instead of buying and selling ETFs with limit orders (or Fidelity conditional orders), with mutual funds, you can just do a fund exchange. If you submit ...
by CppCoder
Sun Feb 05, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 57
Views: 5445

Re: TSP Expense Ratio jumps to 0.038%

Collective investment trusts (available only in employer plans) as an alternative to mutual funds may shave a basis point via lower administrative burden. I'm in two CITs at work, a total stock index at 0.1% and a total bond at 0.15%. Twice Vanguard institutional. Employer S&P 500 mutual fund i...
by CppCoder
Sat Feb 04, 2017 7:37 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 3320

Re: bond funds vs owning individual bonds

The reason for funds is diversification. If you won treasuries, funds are not necessary but for other bonds you should use a fund unless you own many many bonds. In principle, I agree, but I still own treasury funds versus individual treasuries for a few reasons: ⋅  Convenience. Sure, I p...
by CppCoder
Fri Feb 03, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: bond funds vs owning individual bonds
Replies: 45
Views: 3320

Re: bond funds vs owning individual bonds

The reason for funds is diversification. If you won treasuries, funds are not necessary but for other bonds you should use a fund unless you own many many bonds. In principle, I agree, but I still own treasury funds versus individual treasuries for a few reasons: ⋅  Convenience. Sure, I p...
by CppCoder
Fri Feb 03, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Question - 28% Fed, 6.37% State, into New 401K - To Muni or Not ?
Replies: 6
Views: 646

Re: Portfolio Question - 28% Fed, 6.37% State, into New 401K - To Muni or Not ?

Are you comfortable with the current amount of liquidity you have in taxable? If you are investing for the long term (let's define that as the same order of time as your mortgage), you might consider paying down your mortgage versus purchasing muni bonds given that the current muni bond yield is bel...
by CppCoder
Fri Feb 03, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: What other investment options I can use to save more
Replies: 18
Views: 2081

Re: What other investment options I can use to save more

Do you have an HSA available or a medical flex spending account for current year medical expenses?
by CppCoder
Wed Feb 01, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Does Pro Rata Rule Apply to Mega Backdoor Roth?
Replies: 2
Views: 254

Re: Does Pro Rata Rule Apply to Mega Backdoor Roth?

I understand the pro rata rule for normal backdoor roth, but if I do a mega backdoor roth, does the pro rata rule apply if I have pre-tax as well as after-tax contributions in my 401k? I had previously thought it did not apply, but then I saw this on the IRS website: https://www.irs.gov/retirement-...
by CppCoder
Mon Jan 30, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: Please tell me if I can afford this Porsche
Replies: 81
Views: 5303

Re: Please tell me if I can afford this Porsche

I read through all the posts, and it seems that the biggest concern people had was not affordability. Instead, people seem worried that you will be in a car accident and become seriously injured or worse (not to mention damaging property or injuring someone else). Therefore, from a financial perspec...
by CppCoder
Sun Jan 29, 2017 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: NY 529 Plan Vanguard Fund Question
Replies: 3
Views: 340

Re: NY 529 Plan Vanguard Fund Question

If you're like me, and you like specifics, here is a description from the NY529 Disclosure Booklet of the trust holding your funds: The New York State College Choice Tuition Savings Program Trust Fund (Trust) is a statutory trust created by the New York State Legislature specifically for the purpose...
by CppCoder
Fri Jan 27, 2017 12:30 pm
Forum: Investing - Theory, News & General
Topic: If market crashed 50%, would you do a 401k roth conversion?
Replies: 22
Views: 2715

Re: If market crashed 50%, would you do a 401k roth conversion?

How is it market timing if all the actual funds held does not change, but only the bowl that holds these funds change from a TIRA to a Roth IRA? Example: I have 10k in TIRA holding VBTLX. I backdoor it to a Roth IRA account, still holding 10k in VBTLX, then I roll it into my Roth IRA account which ...
by CppCoder
Fri Jan 27, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Annuity from my Employer or Purchase one on Aftermarket
Replies: 13
Views: 1170

Re: Annuity from my Employer or Purchase one on Aftermarket

It sounds like your company has a strong balance sheet and probably has a credit rating roughly equivalent or better than the insurance company. The default risk is probably similar. My personal opinion is that if you want a non-COLA annuity, take it from your company and keep the extra money in you...
by CppCoder
Thu Jan 26, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Annuity from my Employer or Purchase one on Aftermarket
Replies: 13
Views: 1170

Re: Annuity from my Employer or Purchase one on Aftermarket

Your employer may offer a partial lump sum (I have a guess at who your employer might be). If so, have you considered taking a 50% annuity from the company and using the 50% lump sum to purchase an annuity? That way, you're partially diversifying your pension stream away from your employer and cover...
by CppCoder
Sun Jan 22, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance questions and help
Replies: 19
Views: 2086

Re: Umbrella insurance questions and help

I just purchased an umbrella policy from my regular insurance agent (one of the big, national underwriters). I believe I did get a small discount on something for having auto, personal articles, and home insurance already with the company. I got a $2 million policy, and I think the premium was $259/...
by CppCoder
Thu Jan 19, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: How to factor pension into asset allocation?
Replies: 18
Views: 1548

Re: How to factor pension into asset allocation?

I agree with Quark, the best way to think logically about a pension is as an offset against expenses, but you're too far away from retirement to know your expenses, so it's a sensible view but not actionable. If anything, you can use it as a risk adjustment. I view it as having a pension enables you...
by CppCoder
Sun Jan 15, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Over 50. What is the retirement plan contribution limit for 2017?
Replies: 6
Views: 1065

Re: Over 50. What is the retirement plan contribution limit for 2017?

Thank you. I've seen references to $54K, but haven't found anything that specifically says If that's the max for all ages or if those over 50 years old can include the $6K catch up and contribute a max of $60K. Can anyone confirm? In addition to the above, can one still do a post tax IRA Backdoor R...
by CppCoder
Sun Jan 15, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Do Roth or After-Tax-converted-to-Roth 401k contributions count against the Roth IRA contribution limit?
Replies: 6
Views: 444

Re: Do Roth or After-Tax-converted-to-Roth 401k contributions count against the Roth IRA contribution limit?

Wakefield1 wrote:Also I believe conversion of plain IRA (already in account) into Roth is independent of your new yearly allowance of after tax salary contributions to Roth IRA?

Yes, conversions are independent of contributions.
by CppCoder
Thu Jan 12, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Yield vs Expense Ratio
Replies: 13
Views: 1018

Re: Yield vs Expense Ratio

I've been searching for a while now and can't find an answer to the question of which of these values I should focus on when comparing mutual funds. As I understand the reported yield is calculated after expense ratio, however I often run across articles suggesting we search for low expense ratio f...
by CppCoder
Wed Jan 11, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand dividends in my 401k
Replies: 7
Views: 907

Re: Help me understand dividends in my 401k

Yossarian wrote:It's interesting that your 401k breaks out dividends. Mine does not, dividends are auto reinvested and rolled into the share price of the index fund so I never see them.

That's pretty common for a collective investment trust.
by CppCoder
Tue Jan 10, 2017 10:52 am
Forum: Investing - Theory, News & General
Topic: To Cash or Not To Cash...
Replies: 13
Views: 1713

Re: To Cash or Not To Cash...

Isn't OP paying a higher fee in the 401(k)? My daughter has a 401(k) with a previous employer......I suggested that she move it to VG in a tIRA and use the 3 fund approach. I realize that the fees in most 401(k)'s are lean and mean, but would not the 3 Fund approach in VG be less? Depends on the pl...
by CppCoder
Sun Jan 08, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Can you negotiate trading fees with Fidelity?
Replies: 16
Views: 1660

Re: Can you negotiate trading fees with Fidelity?

I am considering moving part of my assets to Fidelity. However, I prefer index funds over MF and there are certain classes, such as Small-cap Value where Fidelity does not offer any good low-cost index fund options. I was wondering if anyone here has been successful in getting some monthly fee trad...
by CppCoder
Thu Jan 05, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth Complications
Replies: 18
Views: 1493

Re: Mega Backdoor Roth Complications

huh weird, I just realized another point that might put me dead in the water my 401k administrator insists that the after tax portion is subject to the same limit as the pre-tax + roth 401k limits, i.e. the combination of the three contributions needs to be less than $18,000. I spoke to multiple pe...
by CppCoder
Thu Jan 05, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth Complications
Replies: 18
Views: 1493

Re: Mega Backdoor Roth Complications

Thanks for your thoughts Ved 1. It sounds like you're saying the earnings would be taxed and viewed as ordinary income. In that case, that should not interfere with TLH correct? Said another way, if the "earnings" were actually losses, it would also reduce my ordinary income? 2. Is there ...
by CppCoder
Thu Jan 05, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth Complications
Replies: 18
Views: 1493

Re: Mega Backdoor Roth Complications

A few questions as a result: 1. I also do normal backdoor roth so I prefer not to have any funds in tIRA, otherwise pro-rata rules would apply when I go to convert into rIRA annually. I would therefore likely be paying taxes on the 6 months' of earnings and putting both earnings + contribution into...
by CppCoder
Tue Jan 03, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Child's 529 Or UTMA Account
Replies: 3
Views: 429

Re: Child's 529 Or UTMA Account

I have a 529 plan for my two kids. I use the NY plan (Vanguard funds) and use their moderate age-based portfolio. I funded both accounts with a large lump sum, and with the age-based option, it has been set and forget. Ignoring the taxation on the gains, the biggest difference I see between a 529 an...
by CppCoder
Mon Dec 26, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to graduate from college in 3 years?
Replies: 101
Views: 4754

Re: Is it possible to graduate from college in 3 years?

In Engineering, it is difficult due to pre-reqs. The programs are laid out for 4 years, and have a sequence of courses that you must take in the right order. The person to ask is an advisor at the school, in the major in which you or your child is going. The AP courses give you credit, but typicall...
by CppCoder
Sun Dec 25, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: EE bonds -> 529 to avoid taxes?
Replies: 5
Views: 723

Re: EE bonds -> 529 to avoid taxes?

Hi folks- my husband's parents apparently started buying series EE bonds for him when he was born - they just gave us the first set that reaches their 30 year maturity over the next 12 months, and there are apparently more coming over the next 10 years. This year's look like they total about 3k and...
by CppCoder
Sun Dec 25, 2016 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with next investment move
Replies: 17
Views: 1418

Re: Help with next investment move

Hello, I am new to the forum and pretty new to investing. Have been doing research for a few months and am looking for some insight into what i should do next. A little background on my situation. I am 26 years old and married. I make around 70k per year. M wife makes around 100k per year. I am ves...

Go to advanced search