Search found 92 matches

by Hogan773
Mon May 22, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

Re: How Much for 529 Plan

Again as I understand it, you'd probably be better off doing successive accounts just because that way you can minimize the penalty if you end up overfunded. Ok but if there is full flex then can't you create accounts and move the money to them? Is there anything that says you cannot create an acco...
by Hogan773
Mon May 22, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

Re: How Much for 529 Plan

Keep in mind this. The maximum aggregate account balance per Designated Beneficiary is $400,000 and, once such maximum is reached, no further Contributions for the benefit of the same Designated Beneficiary will be allowed, although the Account balance may continue to increase due to appreciation o...
by Hogan773
Fri May 19, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

Re: How Much for 529 Plan

Also...by any chance might I have the ability to slice up my current 300K into two more accounts right now? (I saw something in another Boglehead about how it is "easy to transfer between kids accounts") Yes. Just create two new accounts for the other siblings with the same custodian. You...
by Hogan773
Fri May 19, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Why buy travel insurance when some credit cards offer it for free
Replies: 8
Views: 1142

Re: Why buy travel insurance when some credit cards offer it for free

Don't buy that junky Trip Cancellation insurance from the airlines (Allianz)

We had a family member buy it and actually try to use it, and it was a living h-e-double-L trying to actually get any blood out of that turnip.
by Hogan773
Fri May 19, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

Re: How Much for 529 Plan

Also...by any chance might I have the ability to slice up my current 300K into two more accounts right now? (I saw something in another Boglehead about how it is "easy to transfer between kids accounts")
by Hogan773
Fri May 19, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

Re: How Much for 529 Plan

Is your tax deduction per beneficiary? If so you are missing out on additional deductions. For example, in Ohio I get a $2k tax deduction per beneficiary. We have three accounts for each kid so we get a $6k deduction. If I were to open an account with my and/or my husband as beneficiary that would ...
by Hogan773
Wed May 17, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

Re: How Much for 529 Plan

do you have enough for your retirement? if you're not concerned about retirement, i'd say make sure to get the state tax deduction while you're earning income. The money in a 529 can always be taken out with penalties, but you can save a lot on the tax protected space over time. The post-tax portio...
by Hogan773
Wed May 17, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 32
Views: 2492

How Much for 529 Plan

I have 3 kids and a single 529 Plan in the name of my oldest child. I've been donating 20K per year to this plan which is the maximum where I can get a tax benefit in my state. The account now has > 300K in it, in the 100% equity option. My kids are 12, 9 and 6. Shall I keep contributing the 20K eve...
by Hogan773
Mon May 15, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Various Tax Exempt Funds....
Replies: 10
Views: 1641

Re: Various Tax Exempt Funds....

Very helpful Dratkinson, thanks. Reality is I am fortunate enough to have plenty of fundage plus a working wife so yes, I can't really see many likely scenarios where I could not "survive" a 15% downturn in my muni funds. So probably what I am truly dealing with here is this market-timey m...
by Hogan773
Fri May 12, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Various Tax Exempt Funds....
Replies: 10
Views: 1641

Re: Various Tax Exempt Funds....

If you are in the highest fed tax bracket, then you don't need to worry about AMT exposure because your marginal tax rate is already higher than its 28%. So your TT is correct, you don't have to worry about the AMT. :) If you want more yield, can reduce allocation to TE mmkt and Ltd-term, eliminate...
by Hogan773
Fri May 12, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Buying vacation home
Replies: 29
Views: 3330

Re: Buying vacation home

Great thread as I have always wondered about this! First off....if OP "Hawaiishrimp" lives in Hawaii....how can you need a vacation home!???!???!???! Haha we often dream about retiring there or at least spending a month or two there in retirement I've always thought it would be fun to have...
by Hogan773
Thu May 11, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Various Tax Exempt Funds....
Replies: 10
Views: 1641

Re: Various Tax Exempt Funds....

I had a tax exempt scheme similar to yours at one point. Then I finally came around to the logic that a blended portfolio like the one you have listed is practically no different than either simply holding short term or limited term tax exempt by itself. Good luck! I can see that, but I have alread...
by Hogan773
Thu May 11, 2017 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: Various Tax Exempt Funds....
Replies: 10
Views: 1641

Re: Various Tax Exempt Funds....

Let me start out by asking about why you have tax-exempt bonds in the first place? Are your tax-advantaged accounts full of bonds and you've had to start buying bonds in your taxable account? If so, disregard my advice to buy more taxable (higher-yielding) bonds in your tax-advantaged accounts firs...
by Hogan773
Wed May 10, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Young professional planning for early semi-retirement
Replies: 34
Views: 3976

Re: Young professional planning for early semi-retirement

I like the other post that basically said you should focus on doing your best in your career and in general live below your current means so you can save something. Succeeding in your career will have the benefits of likely increasing your salary and human capital over time, and will also hopefully...
by Hogan773
Wed May 10, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Various Tax Exempt Funds....
Replies: 10
Views: 1641

Various Tax Exempt Funds....

I currently max out all tax advantaged savings and have a pretty good taxable account too. Within that taxable account I have a bond allocation and it is currently split roughly as follows (all Admiral versions of these funds): 30% Tax Exempt MM Fund 25% Short Term Tax Exempt (duration = 1) 20% Limi...
by Hogan773
Wed May 10, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Young professional planning for early semi-retirement
Replies: 34
Views: 3976

Re: Young professional planning for early semi-retirement

I like the other post that basically said you should focus on doing your best in your career and in general live below your current means so you can save something. Succeeding in your career will have the benefits of likely increasing your salary and human capital over time, and will also hopefully ...
by Hogan773
Tue May 09, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Young professional planning for early semi-retirement
Replies: 34
Views: 3976

Re: Young professional planning for early semi-retirement

Try to marry someone with a good job that likes to work, so you don't have to. I have found it a little hard to sell the dream of early retirement to my spouse because they basically are retired as it is. I'm sure they don't appreciate it when you say that (if they are a Mom taking care of kids). I...
by Hogan773
Tue May 09, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Too much Money?
Replies: 40
Views: 7121

Re: Too much Money?

Age 38 with $250,000 saved for retirement only and assuming perhaps it's "too much money".. plus, a target portfolio growth rate at 6.5% and withdrawal rate at over 7%+? Oh boy, where do I begin? Careful - I had a similar response and it was deleted for being "snarky." Didn't me...
by Hogan773
Tue May 09, 2017 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum
Replies: 28
Views: 6567

Re: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum

njay73--- I didn't see your age? Just curious. But definitely congratulations regardless of it! Thank you, I am 47. Great job! I'm making you my new role model. My new goal is $2M by 47. I don't usually have problems letting people know how much I have. People usually have a problem with me being b...
by Hogan773
Tue May 09, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Too much Money?
Replies: 40
Views: 7121

Re: Too much Money?

Age 38 with $250,000 saved for retirement only and assuming perhaps it's "too much money".. plus, a target portfolio growth rate at 6.5% and withdrawal rate at over 7%+? Oh boy, where do I begin? Careful - I had a similar response and it was deleted for being "snarky." Didn't me...
by Hogan773
Tue May 09, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Watch Concerns
Replies: 22
Views: 2022

Re: Portfolio Watch Concerns

Is the inaccuracy of Portfolio Watch mainly in the Bonds area? Generally I just eyeball the portfolio watch for a Stocks/Bonds/Short Term Reserves dashboard and haven't gotten too micro-managey about using Portfolio Watch to fine tune my bond holdings. I've generally skewed to Tax Free bond funds, w...
by Hogan773
Mon May 08, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum
Replies: 28
Views: 6567

Re: Hit 2M Net worth - Wanted to pass my gratitude to all wonderful people in this forum

Congrats! It is so nice to have the feeling of "financial freedom" that so many people are lacking. I recently saw an article that said something like 45% of all Americans are currently carrying non-mortgage debt. How liberating to have saved a nice pile for yourself and now you can consid...
by Hogan773
Fri May 05, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: How much to contribute to deferred compensation?
Replies: 9
Views: 1197

Re: How much to contribute to deferred compensation?

I used to do this deferred comp thing but stopped awhile back when I started to feel like I had too many eggs in my employer's basket. I didn't really want to line up with all the other unsecured creditors should my employer go bankrupt. Yes, small chance I know. But would really stink to lose a mil...
by Hogan773
Fri May 05, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 187
Views: 25850

Re: How much international stock? A suggestion.

So I am at 18% (of Stock portfolio) in International. Sounds like the view is that 35% maxes out DIVERSIFICATION. Does "DIVERSIFICATION" take into account TOTAL RETURN? Is it reasonable to say that over the long term, International SHOULD always lag a little due to extra tax effects? Just ...
by Hogan773
Fri May 05, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: HSA - should I invest with it?
Replies: 6
Views: 617

Re: HSA - should I invest with it?

I have the same question - and it's not really about whether to do the HSA "AT ALL" but whether to INVEST the money rather than just leave it in cash. For me, at the highest tax bracket, it totally makes sense to invest in the HSA to begin with. The question is whether it is worth investin...
by Hogan773
Thu May 04, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Income has increased drastically! What to do now?
Replies: 18
Views: 2188

Re: Income has increased drastically! What to do now?

I've never seen it as a negative to make more money. I just invest more and more and more in my taxable account at Vanguard. Stocks, muni funds, etc. I know people who complain about making more money because they see themselves rising to a "higher tax bracket" and "wasting more money...
by Hogan773
Mon May 01, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: What is the purpose of bonds?
Replies: 20
Views: 979

Re: What is the purpose of bonds?

Thank you everyone for the responses. Finally is there a certain amount of time I must keep the bonds in place for? Not that Ill need the money, but for future references. And lastly, Im going to keep a 70/30 stock to bond ratio for now and gradually adjust it as I get older. Thank you again for th...
by Hogan773
Mon May 01, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4209

Re: Does Portfolio Size Influence Stock/Bond Allocation?

Are there people who at 45 are 100% stocks? I don't think I will go there, but I could see a way to rationalize it or close to it (maybe 10% fixed income/other) especially with both spouses working and covering current expenses. Some are, but that's not particularly relevant IMO. What are your inve...
by Hogan773
Fri Apr 28, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4209

Re: Does Portfolio Size Influence Stock/Bond Allocation?

Are there people who at 45 are 100% stocks? I don't think I will go there, but I could see a way to rationalize it or close to it (maybe 10% fixed income/other) especially with both spouses working and covering current expenses. If I lost job but spouse could still limp us along and cover all expens...
by Hogan773
Thu Apr 27, 2017 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4209

Re: Does Portfolio Size Influence Stock/Bond Allocation?

Thanks. I posted primarily because I just started thinking about the relevance of portfolio size vs asset allocation. I had another person who is likely weathly and also knowledgeable about finance once tell me that she is heavy into preferred stock because if she earned 6-7% with relative safety, b...
by Hogan773
Wed Apr 26, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4209

Re: Does Portfolio Size Influence Stock/Bond Allocation?

BTenny - There certainly is something to be said for this philosophy. Again the "feelings" but it sure would "feel" horrible to go from a sense of having a very adequate cushion, and the sense that one could survive OK if employment situation changed, to going back to a "I N...
by Hogan773
Wed Apr 26, 2017 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4209

Re: Does Portfolio Size Influence Stock/Bond Allocation?

Interesting replies all, thank you. Varied advice in there from "you've got enough, so don't risk it" to "you can afford to be at or near 100% in stocks" I guess maybe my current feeling (and yes I get the point that it is bad to "feel" your way through these decisions ...
by Hogan773
Tue Apr 25, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Does Portfolio Size Influence Stock/Bond Allocation?
Replies: 43
Views: 4209

Does Portfolio Size Influence Stock/Bond Allocation?

Just curious about this. I have been fortunate to have a good job, and have been relatively frugal in my life. Now in my mid 40s I have a portfolio in the mid 7 figures, which according to the "averages" at least is well above most people's "number" that they might still be aimin...
by Hogan773
Tue Feb 28, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: saving for european vacay in 2055
Replies: 31
Views: 2775

Re: saving for european vacay in 2055

I am looking to set aside some money today as I have my eye on the 2052 model Honda Accord Self-Piloting AutoDrone. According to my calcs it will cost $96,799 in 2052 dollars unless I opt for leather seats, in which case it will cost $99,299. I will be opening a special investment account for this s...
by Hogan773
Mon Feb 27, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Should we pay off our mortgage?
Replies: 44
Views: 2329

Re: Should we pay off our mortgage?

Pay it off. Being free of debt is a wonderful place to be. Dave Sure but there could be a cost for being in this wonderful place. A low rate mortgage especially after tax benefits is not the same as paying off a 20% credit card balance. There are certainly lower risk investments that can equal or e...
by Hogan773
Mon Feb 27, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Should we pay off our mortgage?
Replies: 44
Views: 2329

Re: Should we pay off our mortgage?

I have a similar situation although higher tax bracket (39.6) and 2.75% 15yr fixed After tax, my mortgage is costing 1.65% or less Feels like that is a pretty low threshold to get too worried about paying it off. I can earn that much in short term tax-free muni funds. To those who say they won't inv...
by Hogan773
Wed Jan 04, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 10179

Re: Lending Club desperate for investors?

I have never used their "automated invest" thing From Day One I always used a custom filter after doing a little reading. I focus on the middle to weaker tranches. I also eyeball each loan (just briefly) and look for things like monthly payment vs a person's income. I'm trying to avoid the...
by Hogan773
Tue Jan 03, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Corporate Bond Fund 4% Minimum in Pension
Replies: 4
Views: 278

Re: Corporate Bond Fund 4% Minimum in Pension

Well Stable Capital Funds have that "guaranteed return" too They use bonds but also buy insurance wrappers to protect the fund from principal loss. I assume this is similar but was curious as to why the change. Also interesting is that "Stable Capital" is still an option in my ot...
by Hogan773
Tue Jan 03, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Corporate Bond Fund 4% Minimum in Pension
Replies: 4
Views: 278

Corporate Bond Fund 4% Minimum in Pension

In my pension account at work, they eliminated the Stable Capital Fund and investment in our company's common stock fund. They replaced it with a "Corporate Bond Fund, Minimum 4%" which apparently is a bond fund with a minimum return of 4% per year. To me this appears to be a good replacem...
by Hogan773
Thu Dec 22, 2016 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: TLH of FTSE All World [Tax Loss Harvesting]
Replies: 13
Views: 1009

Re: TLH of FTSE All World

You know I took a closer look at VFWAX vs VTIAX At one point I was under the impression that VFWAX was better (which is why I hold it) Now it appears they are effectively so close, and VTIAX actually is a tiny bit more diversified, and its ER is 12bp vs 13. So probably VTIAX is a tad better, but cer...
by Hogan773
Wed Dec 21, 2016 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: TLH of FTSE All World [Tax Loss Harvesting]
Replies: 13
Views: 1009

Re: TLH of FTSE All World

If you TLH, you should just accept that each position you hold will have a "TLH partner". A three fund portfolio in taxable will, at times, have 6 positions. I actually rarely do this. When I sell one stock fund, I usually buy another stock fund which I already hold, and is within the sam...
by Hogan773
Wed Dec 21, 2016 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: TLH of FTSE All World [Tax Loss Harvesting]
Replies: 13
Views: 1009

Re: TLH of FTSE All World

If you TLH, you should just accept that each position you hold will have a "TLH partner". A three fund portfolio in taxable will, at times, have 6 positions. John Ok I see. I guess it isn't the worst thing in the world to have some of each of those funds. They are pretty similar IIRC. Don...
by Hogan773
Wed Dec 21, 2016 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: help with TLH from VTIAX to VFWAX
Replies: 7
Views: 599

Re: help with TLH from VTIAX to VFWAX

I have turned off automatic div reinvestment for this very reason. It can screw with your TLH aspirations.

I just have all divs go into MM fund, then I can control reinvestment timing
by Hogan773
Tue Dec 20, 2016 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: TLH of FTSE All World [Tax Loss Harvesting]
Replies: 13
Views: 1009

Re: TLH of FTSE All World

ok so maybe I am thinking of 401K as being OK, not IRA What do you think is worse, gambling that I can re-do the positions in 31 days and avoid a huge gain on the new fund, or throwing off the allocation to International for 31 days? Given the magnitude of the losses I can book (about 13% of face am...
by Hogan773
Tue Dec 20, 2016 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: TLH of FTSE All World [Tax Loss Harvesting]
Replies: 13
Views: 1009

TLH of FTSE All World [Tax Loss Harvesting]

I did some analysis and see that I have a decent loss position I could harvest on FTSE All World Ex-US (VFWAX). It is about 20K losses on 150K in shares. QUESTION - is it better to use Total Int'l (VTIAX) as a tax loss partner on that? Being anal I'd prefer not to end up with two int'l funds and I k...
by Hogan773
Tue Nov 08, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Investing as an Accredited Investor: Is it worth it?
Replies: 16
Views: 2602

Re: Investing as an Accredited Investor: Is it worth it?

Very interested to learn more here too, although in general I have a BS detector and believe that just because someone is "rich" doesn't mean that the opportunities for them are better than for others. I would argue that they can be worse. I could be an accredited investor many times over,...
by Hogan773
Thu Nov 03, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 10179

Re: Lending Club desperate for investors?

My return is still close to 9%. It is supposed to trend down over time by definition, as you get some defaults over time in the portfolio. I haven't noticed a rapid change in the past few months though. My filter focuses on D-G grade loans. I never thought the A, B and C's were worth it because ther...
by Hogan773
Wed Nov 02, 2016 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: VG's tax exempt MMF yield now competitive with online savings
Replies: 23
Views: 3275

Re: VG's tax exempt MMF yield now competitive with online savings

It looks like the spike in yield lasted less than even a month. The yield is now 0.49%, hardly competitive with the 1% from the typical online savings account. I was glad to see the higher rates vs the basically nothing we used to get For me in the highest tax bracket I just leave it in TE MM as a ...
by Hogan773
Wed Nov 02, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Distribution yields for TE and taxable bond funds almost same
Replies: 10
Views: 1323

Re: Distribution yields for TE and taxable bond funds almost same

I tend to look at both but yeah, if TE is providing a similar yield then it becomes a no-brainer especially if you are at some of the higher tax brackets Thanks for responding. Essentially, this is my question: Is it a no-brainer? Or, should I rely more heavily on SEC yield since it may be a better...
by Hogan773
Fri Oct 28, 2016 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Distribution yields for TE and taxable bond funds almost same
Replies: 10
Views: 1323

Re: Distribution yields for TE and taxable bond funds almost same

As someone in the highest tax bracket I use TE funds exclusively for the fixed income portion of my taxable fund I assume many will tell you that you really need to compare SEC Yield, which is typically much lower. I tend to look at both but yeah, if TE is providing a similar yield then it becomes a...

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