Search found 287 matches

by FlyingMoose
Sat Sep 02, 2017 12:41 am
Forum: Investing - Theory, News & General
Topic: Glideslope rate-of-change
Replies: 6
Views: 554

Glideslope rate-of-change

Various target retirement funds use different glideslopes, sometimes changing over time. People managing their own portfolios often seem to just change the percentage when they feel like it, often in large steps. It doesn't seem like there's much rhyme or reason to it. This is something I've thought...
by FlyingMoose
Sat Aug 26, 2017 4:01 am
Forum: Personal Consumer Issues
Topic: Photobucket - disappearing images and $$$ - has it affected you?
Replies: 28
Views: 2452

Re: Photobucket - disappearing images and $$$ - has it affected you?

I completely blame the forum owners, and I think that if an owner doesn't want to allow uploads, they shouldn't allow images at all. If they won't/can't/don't know how to allow image uploads, then they have no business running a forum. I don't understand why so many forums don't let you upload pictu...
by FlyingMoose
Wed Jul 26, 2017 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

Ok I'll do that. Note that Vanguard is/will be the provider for all plans (at least until they switch the 403(b) plans over to another provider, as discussed in another thread). Of course, that other provider may be more specialized and thus more helpful, so I'll see if I can get in touch with them ...
by FlyingMoose
Wed Jul 26, 2017 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

The instructions for 5305-SEP say it can't be used with a qualified plan, but everything I've read seems to indicate that a non-ERISA 403(b) is considered a non-qualified plan by the IRS. From the requirements for an ERISA 403(b), filing the form 5500 every year forever, feduciary responsibilities, ...
by FlyingMoose
Wed Jul 26, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

I guess the only other thing that would make me consider using the SEP would be the complexity of complying with the ERISA stuff for the 403(b). I'll have to see if it's something Vanguard or my accountant can do for me.
by FlyingMoose
Wed Jul 26, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

BTW I should say thanks so much for your help in thinking through this.

One other question you might know:

For the SEP-IRA, form 5305-SEP can't be used along with another "qualified retirement plan". Do you know if a non-ERISA 403(b) is considered a "qualified retirement plan" for this purpose?
by FlyingMoose
Wed Jul 26, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

There is no reason to also have the SEP IRA since you can make the same employer contribution in a 403b as you could with the SEP IRA, plus the employee deferrals. Two reasons: 1. it's a NON-ERISA 403(b), which don't allow employer contributions 2. One of the employees is over 70 1/2, so can partic...
by FlyingMoose
Wed Jul 26, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

You even said yourself:
Spirit Rider wrote:Unless the SEP is in fact a SARSEP, contributions are always employer contributions and would not restrict any employer deferrals.
Do you mean employee deferrals? If so, why wouldn't it make sense for an employer to have both?
by FlyingMoose
Wed Jul 26, 2017 8:31 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

There is only one employer, and it's not owned by anyone (since it's a nonprofit). I am proposing to have both a 403(b) and a SEP and contribute the max to both ($18,000 and 25% of wage/20% of compensation, respectively). From my reading, it seems that a SEP is a special case, and the $18,000 limit ...
by FlyingMoose
Wed Jul 26, 2017 5:50 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

Re: SEP+SIMPLE+403(b) limits, opting out

Thanks for your reply. Just doing some hypotheticals to see what is possible. Looks like I wouldn't actually be able to implement this as above for various reasons that you mentioned (because it is one employer). From what you said, I could do both a SEP for 20% of compensation plus a 403(b) for 18,...
by FlyingMoose
Wed Jul 26, 2017 2:09 am
Forum: Personal Consumer Issues
Topic: Green Dot cards are ID fraud!
Replies: 22
Views: 2904

Re: Green Dot cards are ID fraud!

If they don't use credit, what would someone gain by opening a card in your name? Isn't it a stored-value card? If they put money on it you could take the money.
by FlyingMoose
Wed Jul 26, 2017 1:43 am
Forum: Investing - Help with Personal Investments
Topic: SEP+SIMPLE+403(b) limits, opting out
Replies: 15
Views: 752

SEP+SIMPLE+403(b) limits, opting out

I have two questions about having multiple retirement plans. 1. For a SEP IRA, the IRS says the same percentage contributions must be made for each eligible employee. Can an employee opt out (because, for example, it would put him over the contribution limit when combined with another plan)? 2. Is i...
by FlyingMoose
Sun Jul 23, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions
Replies: 38
Views: 1348

Re: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions

The IRS actually asked for proof that I paid Thai taxes (I live in Thailand), and said that they didn't have a record for me (it was my first year in Thailand). The governments do not probably actively share information, but the treaty allows them to. You REALLY need to talk to an attorney who has ...
by FlyingMoose
Sun Jul 23, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions
Replies: 38
Views: 1348

Re: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions

One of the questions in the tax assistant is:

Did you inform the authorities of the foreign country that you are not a resident of that country?

Would this mean something like being there on a tourist or other non-working visa, or does it mean you somehow specifically informed them of this?
by FlyingMoose
Sat Jul 22, 2017 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions
Replies: 38
Views: 1348

Re: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions

sfnerd wrote:If you are self employed and doing consulting in a foreign country (even with US clients), you may be eligible, if you are reporting your income and paying applicable local taxes.
I don't know of a requirement about paying local taxes, can you point point out to me where the IRS says this?
by FlyingMoose
Sat Jul 22, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions
Replies: 38
Views: 1348

Re: Tax Exclusion for living abroad using Foreign Earned Income Exclusion (FEIE) questions

Only the first partial year do you need to use the physical presence test, for a full calendar year you can use the bona fide residence test. But just make sure your long visits to the US are after the first full (not calendar) year because the physical presence test still looks at it. Also I believ...
by FlyingMoose
Fri Jul 21, 2017 9:06 pm
Forum: Investing - Theory, News & General
Topic: Do Index Funds Distort Market Valuations?
Replies: 113
Views: 8002

Re: Do Index Funds Distort Market Valuations?

Would this show up as tracking error with the fund underperforming the index, or would the actual index underperform the market?
by FlyingMoose
Wed Jul 19, 2017 9:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 110
Views: 9015

Re: Vanguard 403b Changes

Hopefully the outsourcing of the 403Bs to a new custodian will increase efficiency of transactions. I currently average about a 10 day lag between when the funds are withheld from my paycheck until they are purchased at Vanguard. The 60 bucks could be worth it if this gets processed quicker. When I...
by FlyingMoose
Sun Jul 16, 2017 7:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 110
Views: 9015

Re: Vanguard 403b Changes

I, for one, am happy about this. It will save me about twice the $60 fee by changing to Admiral shares. Vanguard charged a stealth fee by only allowing Investor shares, so I consider this to be more transparent and better reflect actual cost (since a huge account doesn't cost any more to administer...
by FlyingMoose
Sun Jul 16, 2017 8:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 110
Views: 9015

Re: Vanguard 403b Changes

I, for one, am happy about this. It will save me about twice the $60 fee by changing to Admiral shares. Vanguard charged a stealth fee by only allowing Investor shares, so I consider this to be more transparent and better reflect actual cost (since a huge account doesn't cost any more to administer ...
by FlyingMoose
Mon Mar 13, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 162
Views: 16009

Re: High End Wrist Watches (Gone Crazy)

I found that I like having a mechanical watch even if it's not high-end. I'm currently very happy with my Seiko SKXA35 which I got for about $225 on ebay.
by FlyingMoose
Mon Mar 13, 2017 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Yubikey-only option?
Replies: 34
Views: 3504

Re: Vanguard Yubikey-only option?

SMS messages aren't usually compromised by hacking into the phone network, but by someone socially engineering your carrier to steal your phone number.
by FlyingMoose
Mon Feb 06, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: How steep should the glide path be?
Replies: 54
Views: 4529

How steep should the glide path be?

We're all familiar with the retirement glide path, but I want to look deeper into the reasoning behind it. The ultimate reason for it seems to be to reduce sequence-of-returns risk at the beginning of retirement. So then the question is, how far back from retirement should we go in order to reduce t...
by FlyingMoose
Fri Jan 06, 2017 9:13 am
Forum: Investing - Theory, News & General
Topic: Global debt is 325% of GDP
Replies: 15
Views: 1432

Global debt is 325% of GDP

See the following Reuters article:

http://uk.reuters.com/article/us-global ... KKBN14O1PQ

I have heard it starts to be a problem once debt gets over 100% of GDP.

Is it possible that the whole world could have a Japan-like scenario?
by FlyingMoose
Wed Jan 04, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: Sonicare ToothBrush
Replies: 35
Views: 3933

Re: Sonicare ToothBrush

I've had to replace mine every 2-3 years because of the power button issue.
by FlyingMoose
Tue Jan 03, 2017 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Downgrade to an old-style Vanguard mutual fund account?
Replies: 25
Views: 3042

Re: Downgrade to an old-style Vanguard mutual fund account?

My 403(b) and SIMPLE IRA accounts (at Vanguard) don't even have the option to convert to a brokerage account. I would, too, because they only let me use Investor class shares and the ETFs would have lower expenses.
by FlyingMoose
Tue Jan 03, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 116
Views: 11194

Re: Max It Out Tomorrow

I wonder if it's best to put my Roth IRA contribution all into stocks, and then let the monthly contributions go into bonds, so at the end of the year, I'm about back to my target allocation. Is it best to front-load the stocks so they have the most time in the market, and let the yearly contributio...
by FlyingMoose
Mon Jan 02, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 76
Views: 15930

Re: Vanguard's new security key option

When you register for this service, your key will become your primary method of identifying yourself (along with your user name and password) when you log on to vanguard.com from a computer. It will replace security codes, a service that sends you a one-time code to enter when you log on. You'll ne...
by FlyingMoose
Mon Jan 02, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: New fee schedule at HSA bank
Replies: 53
Views: 11919

Re: New fee schedule at HSA bank

The bank I use (Optum Health Bank) just starts having a negative balance. When you put money into the account (contribution or selling investments) it comes out of that. I guess they figure you gotta put money in at some point.
by FlyingMoose
Wed Dec 28, 2016 11:10 am
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 9427

Re: Remember what it was like before the recession?

anonenigma wrote:
FlyingMoose wrote:Shadowstats was showing inflation much higher than even the government claimed.


You rely on conspiracy sites for economic information?


I found out about it on this very forum, so it wasn't just me...
by FlyingMoose
Mon Dec 26, 2016 9:58 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 9427

Re: Remember what it was like before the recession?

Foreign competition increased dramatically providing the first real threat to American economic dominance since WW II. The work place changed from comfortable and easy going to one where we worked out butts off in order to keep up with the competition. I'm retired now, but I understand you worker b...
by FlyingMoose
Mon Dec 26, 2016 9:53 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 9427

Re: Remember what it was like before the recession?

It seemed like no investment was cheap and inflation was running away. Huh???? The inflation rate for 2007 was just a little over 4%. I don't know what you think inflation should be, but running away, hardly! I remember that a case of paper (which I used a lot of in my business) went from $17 or so...
by FlyingMoose
Mon Dec 26, 2016 6:38 pm
Forum: Investing - Theory, News & General
Topic: Remember what it was like before the recession?
Replies: 81
Views: 9427

Remember what it was like before the recession?

I've seen plenty of posts where people mention what it felt like during the 2008/2009 market crash, but I've heard very few people talk about what it felt like before that. It seemed like no investment was cheap and inflation was running away. Bonds seemed like a bad deal even at those high interest...
by FlyingMoose
Mon Dec 26, 2016 6:24 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 13251

Re: At what age, income, and NW would you buy a $50k car?

I'd pay that for a self-driving car. I'm unable to drive because of my vision, and it would be my first car.
by FlyingMoose
Thu Dec 22, 2016 10:12 am
Forum: Personal Finance (Not Investing)
Topic: HSA - deduct from paycheck vs contributing yourself
Replies: 22
Views: 1944

Re: HSA - deduct from paycheck vs contributing yourself

If you pay it all at once at the beginning of the year, but then don't have health insurance for the entire year (for whatever reason), you will have over-contributed.
by FlyingMoose
Mon Dec 12, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: Roth wake-up call...
Replies: 24
Views: 4034

Re: Roth wake-up call...

I wonder to what extent the precious metals funds affected performance as contrasted to the Friend's girlfriend's fund Were any of the other funds affected by the "market timing" scandals that were unearthed by Attorney General Spitzer around 2003? I guess I will recommend the O.P. read M...
by FlyingMoose
Mon Dec 12, 2016 9:55 am
Forum: Investing - Theory, News & General
Topic: Roth wake-up call...
Replies: 24
Views: 4034

Re: Roth wake-up call...

If, however, you are now eligible to deduct a traditional IRA, it might make more sense to do that instead of a Roth. I've been maxing out my 403(b) and Simple IRAs (I contribute just enough to the Simple to get the full 3% match), in addition to still maxing out the Roth. I would have started the ...
by FlyingMoose
Sun Dec 11, 2016 10:36 pm
Forum: Investing - Theory, News & General
Topic: Roth wake-up call...
Replies: 24
Views: 4034

Re: Roth wake-up call...

JW-Retired wrote:If you were listening, we told you so. :oops:


I was trying to do research back in the mid 90s, but every source of information I could find was a company trying to sell me something...
by FlyingMoose
Sun Dec 11, 2016 7:56 pm
Forum: Investing - Theory, News & General
Topic: Roth wake-up call...
Replies: 24
Views: 4034

Roth wake-up call...

I've been contributing the max to my Roth since the first year they were available (I think I was 18 at the time). Originally, I had individual stocks, and various other things over the years, precious-metal funds, small-value, international, etc. I was talking with my friend, and he said that his g...
by FlyingMoose
Sat Dec 10, 2016 10:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 76
Views: 15930

Re: Vanguard's new security key option

Is there a link to an explanation of why Yubikey is preferable to the current 2-factor method of receiving a code? There are a few reasons: 1) It's easy to pretend to be someone else and convince the telephone company to send your SMSes somewhere else. See m 2) SMS and other numeric one-time pass c...
by FlyingMoose
Wed Dec 07, 2016 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Retirement: Where $200K Will Last 30 Years
Replies: 113
Views: 20804

Re: Retirement: Where $200K Will Last 30 Years

davidsorensen32 wrote:Zika, don't forget mighty Zika. A single tiny mosquito bite will destroy everything. Your $200,000 might last 30 years but you won't.


Isn't that pretty much only a problem for pregnant women?
by FlyingMoose
Sat Dec 03, 2016 8:38 am
Forum: Investing - Theory, News & General
Topic: An opinion on bond investing in today's environment
Replies: 15
Views: 1275

Re: An opinion on bond investing in today's environment

I suggest you focus on the content. Give your opinion on what this individual is says, that way you can add constructively. The Who is the expert is irrelevant and challenging his qualifications is absolutely useless. I think the point is more that even the best experts can't predict the future. Wh...
by FlyingMoose
Thu Dec 01, 2016 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard how to exchange multiple funds into multiple new funds?
Replies: 3
Views: 450

Re: Vanguard how to exchange multiple funds into multiple new funds?

You can only do one-to-many or many-to-one.

You have to do a little math and multiple transactions. It all depends on what is where. Sometimes you have to be a bit creative.
by FlyingMoose
Thu Dec 01, 2016 2:13 am
Forum: Personal Finance (Not Investing)
Topic: Disturbing Conversation With Medicare Agent re Forfeiture of Future Social Security Retirement Benefits
Replies: 32
Views: 5439

Re: Disturbing Conversation With Medicare Agent re Forfeiture of Future Social Security Retirement Benefits

My insurance agent mentioned a person who cancelled Medicare and only kept his regular insurance. After needing some expensive medical care, it turned out that the insurance only covered the 20% that Medicare didn't, and he was responsible for the remaining 80%. Said person ended up committing suici...
by FlyingMoose
Sat Nov 26, 2016 11:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard's government bond index funds
Replies: 31
Views: 6549

Re: Vanguard's government bond index funds

How about psychological reasons? I'm planning to TLH my $50K emergency fund into the Treasury fund Admiral shares. Then I won't be tempted to take a bit out, lest I lose Admiral status.
by FlyingMoose
Sat Oct 08, 2016 4:43 pm
Forum: Investing - Theory, News & General
Topic: Don't really understand TIPS duration...
Replies: 25
Views: 2408

Re: Don't really understand TIPS duration...

To get this back on track, here's what I'm asking: If I use the short-term TIPS fund instead of the intermediate-term one, in order to protect myself from interest-rate increases, will it still protect me just as well from inflation?
by FlyingMoose
Sat Oct 08, 2016 3:51 pm
Forum: Investing - Theory, News & General
Topic: Don't really understand TIPS duration...
Replies: 25
Views: 2408

Re: Don't really understand TIPS duration...

To simplify, I am going to assume you are going to purchase the TIPS at auction at par value. I am trying to decide which of the 2 Vanguard TIPS funds to buy. I don't know how they purchase the TIPS. I'm trying to find out if the longer duration one has any advantages besides a higher immediate int...
by FlyingMoose
Sat Oct 08, 2016 1:54 pm
Forum: Investing - Theory, News & General
Topic: Don't really understand TIPS duration...
Replies: 25
Views: 2408

Re: Don't really understand TIPS duration...

Thanks for your reply. Yes, I mean that I understand the coupon. I'm just wondering if the longer-duration TIPS have any better inflation protection, or is the only difference the yield and how it's influenced by interest rates? Like, in a situation where inflation has increased, when the bonds roll...