Search found 164 matches

by InvestoGuy
Wed Jan 24, 2018 4:55 pm
Forum: Investing - Theory, News & General
Topic: Malkiel -Investing In Overpriced World WSJ
Replies: 20
Views: 3178

Re: How to Invest in an Overpriced World: Burton Malkiel WSJ article

Oh and i thought i searched before i posted. Thanks for pointing out.
by InvestoGuy
Wed Jan 24, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6796

Re: Your bond allocation when you were 48

Mardoc01 wrote:
Wed Jan 24, 2018 4:18 pm
100-0. We are in the greatest secular bull market of our investing lifetime right now chief
But are you not worried that the party will end (who knows when)? Or do you have plenty of time still to recover? When will you switch over to some sorta bond allocation.
by InvestoGuy
Wed Jan 24, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6796

Re: Your bond allocation when you were 48

minesweep wrote:
Wed Jan 24, 2018 4:31 pm
At age 48 (1993) I was 100% stocks, no bonds.
So as you came closer to retirement, what was your glide path to increasing bond allocation?
by InvestoGuy
Wed Jan 24, 2018 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6796

Re: Your bond allocation when you were 48

0% bonds at 48 (sort of). I had a deferred comp plan that had at most 2% of my portfolio value in it at that time and the only investment option was a bond fund. I retired at 51 but I didn't have a fixed retirement date. If your retirement date is fixed (i.e. you won't be able to ride out a downtur...
by InvestoGuy
Wed Jan 24, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6796

Your bond allocation when you were 48

With no details whatsoever, all I wish to know is what is (or was) the typical Bond Vs. Equities split for most bogleheads you are in their late 40's today or who were in their late 40's at some point in the time in the past. Just a quick poll, with not much details situational specific things. Plea...
by InvestoGuy
Wed Jan 24, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking through Paying Down the Mortgage
Replies: 58
Views: 4711

Re: Thinking through Paying Down the Mortgage

Hello, Let me share what i did recently. I had about $100K left on my mortgage, which last year Oct I finally paid it off. I sleep extremely well now, with no debt on my shoulders. The thinking was as follows: The stock market has done extremely well last couple of years. The 'regression to the mean...
by InvestoGuy
Mon Jan 22, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about changing jobs after 15 years. Looking for something I can land with a 2yr/tech school
Replies: 42
Views: 3602

Re: Thinking about changing jobs after 15 years. Looking for something I can land with a 2yr/tech school

If you are technically and mathematically inclined, I would suggest joining a 3-6 month programming course at your local community college then slowly moving into Data Science, if you are math inclined. If not, just stay in programming and advance in there. There's lot to learn and branch into, once...
by InvestoGuy
Thu Jan 18, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 3194

Re: Real Estate Versus Stocks

A recent article in The Economist, “Many happy returns”, described long-term research showing that property yields more than shares and bonds. I’m on the verge of making my first home purchase (unleveraged). According to the article, rental yields account for about half of the long-run return on ho...
by InvestoGuy
Wed Jan 17, 2018 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH IRA: Tax implication help
Replies: 5
Views: 325

Re: Backdoor ROTH IRA: Tax implication help

You're not being taxed twice. You're being taxed on the pretax dollars you're converting, and are leaving some aftertax dollars in the tradition. For example: You have $9,000 pretax in a traditional IRA. You add $1000 non deductible to a new traditional IRA. You convert $1000 to a Roth. When you do...
by InvestoGuy
Wed Jan 17, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH IRA: Tax implication help
Replies: 5
Views: 325

Re: Backdoor ROTH IRA: Tax implication help

No, you are not taxed on the $5500 again. But since the $5500 is co-mingled with the rest of the taxable IRA and you cannot decide which part gets converted to the Roth and which part doesn't, you have to calculate the ratio of non-taxable to taxable and apply that ratio to the amount you want to c...
by InvestoGuy
Wed Jan 17, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: im 25 years old and want to start investing
Replies: 9
Views: 921

Re: im 25 years old and want to start investing

Just the fact that you are starting to invest at 25 is wonderful. Create a Cash Accumulation Spreadsheet to create some goals / targets on an annual basis, so you can see how you will accumulate wealth by the time you are in your 30's, 40's, 50's etc. Good exercise to.
by InvestoGuy
Wed Jan 17, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor ROTH IRA: Tax implication help
Replies: 5
Views: 325

Backdoor ROTH IRA: Tax implication help

Hello, I read the wiki https://www.bogleheads.org/wiki/Backdoor_Roth_IRA on the Backdoor Roth and apparently i am missing something. Please help clarify. I do already have a good amount in my existing IRA account, as a result of a rollover from a previous 401K. I currently do contribute to a 401k an...
by InvestoGuy
Sat Sep 30, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 136
Views: 26956

Re: Becoming a Landlord: My Experiences

Very good post and comments denovo. About 10 years ago, my wife inherited two small rental condos in Honolulu (not vacation rentals). I wanted to sell them to not deal with being a landlord. But they are my wife's connection to her hometown, so we are landlords. Fortunately, there was no debt with ...
by InvestoGuy
Fri Sep 29, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 136
Views: 26956

Re: Becoming a Landlord: My Experiences

Excellent post. I am considering owning some rental property, however, I always wonder what the returns are compared to putting it in a simple index fund. How has your investment done, till today right from inception, compared to a simple index fund during the exact same time period?
by InvestoGuy
Thu Sep 28, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 7751

Re: I am in the investment advice industry and I'm not sure if I provide any value

Simple answer: Yes there is value in having an ethical FP. There are so many folks out there who are clueless about the basics of investing, diversification, tax strategies, inheritance planning etc. that you can certainly provide value. How much do you charge, well that depends on the value you are...
by InvestoGuy
Thu Sep 28, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Inheritance Funds from a Foreign Source
Replies: 2
Views: 371

Transferring Inheritance Funds from a Foreign Source

Hello, I am a US citizen and recently received some inheritance from parents who live in India. The money is currently sitting in an Indian bank in a NRO account. 1. What is the most tax efficient way of transferring this to the US? 2. Generally speaking, what are my tax liabilities and what strateg...
by InvestoGuy
Wed Aug 09, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1995

Re: Backpack qualified expense for 529 plan?

I can give you my opinion, but it doesn't count. The US Tax Court is the entity whose opinion matters in this particular instance. You can research the tax court rulings on qualified expenses for 529 plans. You can review one Tax Court case here: https://www.ustaxcourt.gov/UstcInOp/OpinionViewer.as...
by InvestoGuy
Tue Aug 08, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1995

Re: Backpack qualified expense for 529 plan?

livesoft wrote:I will say, "No, since a backpack is not a required expense."

We stick to books, room & board, tuition, and required fees.
Well, 529 allows Laptops, software, and supplies. So was wondering if a backpack falls under supplies?
by InvestoGuy
Tue Aug 08, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1995

Re: Backpack qualified expense for 529 plan?

Grt2bOutdoors wrote:https://www.irs.gov/pub/irs-pdf/p970.pdf

Pgs. 57-59; what does it say?
Not a whole lot, with regards to my specific question, unless I am missing something.
by InvestoGuy
Tue Aug 08, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Backpack qualified expense for 529 plan?
Replies: 19
Views: 1995

Backpack qualified expense for 529 plan?

Hello,
I searched a bit on the internet but could not come up with a specific list of qualified school supplies for a 529 plan. I bought a $34 backpack and a $17 laptop sleeve. Are these qualified Supplies expenses?
Thanks.
by InvestoGuy
Mon Jun 12, 2017 5:15 pm
Forum: Personal Consumer Issues
Topic: Traveling to UK/France: Suggest a pre-paid SIM Card
Replies: 17
Views: 2252

Re: Traveling to UK/France: Suggest a pre-paid SIM Card

If you bought your phone from Verizon, it is likely locked (unless established otherwise). If you bought it outside for full price and took it to Verizon, probably unlocked. You need to be sure it supports GSM and European frequencies (I think that is normal for Iphone6, but I don't use iphone). If...
by InvestoGuy
Sun Jun 11, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Traveling to UK/France: Suggest a pre-paid SIM Card
Replies: 17
Views: 2252

Re: Traveling to UK/France: Suggest a pre-paid SIM Card

curmudgeon wrote:two key questions: is your iphone unlocked (or can you get it unlocked based on your contract)? Which country will you start in?
From what i can tell it is unlocked. I am currently in the US on the Verizon network.
by InvestoGuy
Sun Jun 11, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Traveling to UK/France: Suggest a pre-paid SIM Card
Replies: 17
Views: 2252

Traveling to UK/France: Suggest a pre-paid SIM Card

Hello,
Based on prior experience, can someone please suggest me a pre-paid SIM card for use in UK and France.

I have the iPhone 6 and currently on Verizon so will need something that works with it.
Just basic Voice and Texting, minimal Data needs.

Thank you.
by InvestoGuy
Fri Jun 09, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 113
Views: 12926

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

I woke up this morning thinking exactly the same. However, this is how I pacify myself: 1. When you have made a conscious decision to invest in Indexes at a low cost, you have agreed that you will be happy with the 'average' return of the market, at a low cost. Thus, mathematically speaking you will...
by InvestoGuy
Thu Jun 08, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: Used 2013 Audi A5 or New Honda Accord Sport
Replies: 71
Views: 7613

Re: Used 2013 Audi A5 or New Honda Accord Sport

Neither, just use Uber. Go buy VTI with the $15K and save on insurance as well. That's what I did. :happy
by InvestoGuy
Wed Jun 07, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 7555

Re: Financially independent and then market crashes?

Sorry, a very basic question: 25X of what? Annual expenses? What all should this calculation include, as a rule of thumb. The whole idea originates in some studies back in the early 90's that showed that the most money people could withdraw from typical portfolios and mostly not run out of money be...
by InvestoGuy
Wed Jun 07, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 7555

Re: Financially independent and then market crashes?

Sorry, a very basic question: 25X of what? Annual expenses? What all should this calculation include, as a rule of thumb.
by InvestoGuy
Wed Jun 07, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Headed to Montreal tomorrow! Need advice!
Replies: 11
Views: 1326

Re: Headed to Montreal tomorrow! Need advice!

Always use the ATM. Always. Every bank I've used has given me the spot exchange rate. Make sure yours doesn't charge a foreign transaction fee or anything (I haven't ever seen this, but I suppose it's possible). Also check your credit cards and see if you have one that does not charge a foreign tra...
by InvestoGuy
Tue Jun 06, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3064
Views: 944424

Re: What Book Are You Currently Reading? Part VI

Charlie Munger: The Complete Investor by Tren Griffin (Author)

This is not just about value investing but also but behavioral aspects of the human race. The psychology of human mis-judgement is discussed well.
by InvestoGuy
Mon May 23, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Excessive Expense Ratios for Index Funds in 401(k)
Replies: 10
Views: 967

Re: Excessive Expense Ratios for Index Funds in 401(k)

Thank you all for your replies. The funds I have is the: PLFMX with an ER of 0.78%. (and similar other funds with 0.73 to 0.78% ERs). So it does look like they are trying to pass on the Admin Fees to us. I guess I don't have choice here, than go with the flow and enjoy the 'tax advantages' of the 40...
by InvestoGuy
Mon May 23, 2016 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Excessive Expense Ratios for Index Funds in 401(k)
Replies: 10
Views: 967

Excessive Expense Ratios for Index Funds in 401(k)

Hello, We are a small company and just recently got a 401(k) plan. I was thrilled and excited when I heard that, but soon was in despair when I saw the E/R for the index funds offering. The E/R for a S&P 500 Index fund is about 10 times more than that of an equivalent Vanguard or Fidelity Spartan fu...
by InvestoGuy
Mon Dec 21, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Catrchup for 2015
Replies: 2
Views: 379

401k Catrchup for 2015

Hello, I switched jobs last year in Nov and my new company only started to offer a 401k this year in Nov. Therefore, I am no where near the $18,500 limit for the year. I am under 50, but is there a way for me to catch up in my 401K contributions for the year 2015. I am considering an IRA, but just w...
by InvestoGuy
Mon Dec 07, 2015 1:32 pm
Forum: Personal Consumer Issues
Topic: Looking for a Maltese and a Havanese Breeder
Replies: 3
Views: 665

Looking for a Maltese and a Havanese Breeder

Hello,
We are interested in getting a Maltese or a Havanese pup. Can someone share a AKC certified, ethical breeder for either / both breeds. We live in the Midwest, so Midwest based would be great.
Thanks.
by InvestoGuy
Mon Dec 01, 2014 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: No 401(k) options
Replies: 5
Views: 890

Re: No 401(k) options

Thank you all for the replies. Another piece of information and thus a new question: My wife does have a 401k through her employer. We are contributing the max $18,500 in her account. Will this plan work: I put in $5,500 in my IRA and put in $13,000 more in my wife's 401k, for a total of $31,500 in ...
by InvestoGuy
Mon Dec 01, 2014 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: No 401(k) options
Replies: 5
Views: 890

No 401(k) options

Hello, My company does not provide a 401(k) plan. I researched the other possible options. My conclusions are: 1. IRA: This is an option, however this only allows $5,500 tax-deductible, also I may not qualify based on income for the tax-deductible portion. 2. SEP / SIMPLE IRA: I don't qualify since ...
by InvestoGuy
Tue Oct 29, 2013 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: investing for higher interest
Replies: 9
Views: 1672

Re: investing for higher interest

Hi kd2008,
Have you ever tried or had to remit the money back to US in USD after the FCNR matured or even prematurely? How was that experience?
Regards.
by InvestoGuy
Mon Aug 19, 2013 2:29 pm
Forum: Personal Consumer Issues
Topic: Help with Apple Time Capsule
Replies: 2
Views: 565

Help with Apple Time Capsule

Hello: A friend of mine is using the Apple Time Capsule device for backups. He has over 3-4 years of data backed up on it. Recently, after getting a new MacBook Air he was no longer able to access and retrieve the files on Time Capsule. The message is somewhere along the lines of 'incompatible OS et...
by InvestoGuy
Wed Jul 31, 2013 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Taxation for NRO Accounts
Replies: 0
Views: 225

Taxation for NRO Accounts

Hello:
I am a US Citizen with a NRO account in an Indian bank. What are my tax liabilities for the account, either in India or in the US for the original principal amount and for the interest received?
Regards.
by InvestoGuy
Fri Apr 05, 2013 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: W-2 Box 12 Code V - What do I need to do about that?
Replies: 3
Views: 15190

Re: W-2 Box 12 Code V - What do I need to do about that?

Thanks dbr. At that point you will enter the correct cost basis. In fact I assume under new broker reporting requirements the broker will report the correct cost basis as covered shares. How do I calculate the 'correct cost basis' and how do I figure out which shares are the one being referred to in...
by InvestoGuy
Fri Apr 05, 2013 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: W-2 Box 12 Code V - What do I need to do about that?
Replies: 3
Views: 15190

W-2 Box 12 Code V - What do I need to do about that?

Hello: On my W-2, in box 12, I have a certain amount with code V in it. Per my understanding, Code V is Income from exercise of nonstatutory stock options, which is already included in my W-2 as income. I am confused on what I need to do about this, regarding tax reporting. Based on my research I go...
by InvestoGuy
Fri Feb 08, 2013 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: How to leverage Brokerage Account in 401(k)
Replies: 1
Views: 324

How to leverage Brokerage Account in 401(k)

Hello All, My 401(k) provider gives us the option of a Brokerage Account through the 401(k). I use that and have setup Vanguard ETFs per my AA. Currently, my bi-monthly 401(k) contribution goes to the non-brokerage side of the account, in which I have picked Vanguard equivalent funds that are availa...
by InvestoGuy
Tue Jan 15, 2013 11:19 am
Forum: Personal Consumer Issues
Topic: Recommend a vehicle similar to the Acura MDX
Replies: 9
Views: 2344

Recommend a vehicle similar to the Acura MDX

I have zeroed in on an Acura MDX as a potential next vehicle, however, I am realizing the 2009/2010 models have very poor mileage (15/20). We are interested in a similar sized SUV, but with a better mileage. What other vehicles should I consider? The RDX and Lexus RX 300 is a tad small and anything ...
by InvestoGuy
Tue Jan 15, 2013 11:16 am
Forum: Personal Consumer Issues
Topic: Questions to ask when buying a used car
Replies: 12
Views: 1403

Re: Questions to ask when buying a used car

Thank you all for your great insights. I learned a lot of new things. This is great info. Regards.
by InvestoGuy
Mon Jan 14, 2013 9:59 am
Forum: Personal Consumer Issues
Topic: Questions to ask when buying a used car
Replies: 12
Views: 1403

Questions to ask when buying a used car

Folks: I have identified a used Acura MDX 2009. I am about to start negotiations with the dealer. The car is not In my town, so a physical inspection / test drive is not possible. Need some advice on: 1. Other than Edmunds and KBB, how do I determine the price is fair? 2. How do I make sure it is no...
by InvestoGuy
Sat Jan 12, 2013 10:40 am
Forum: Personal Consumer Issues
Topic: Things to do in Seattle and Vancouver in Feb
Replies: 14
Views: 1215

Re: Things to do in Seattle and Vancouver in Feb

I live in Bellingham (about 80 miles north of Seattle). Worst month to visit of course, but the San Juan Islands are beautiful (there are over 100 islands in Puget Sound Bay). You can take a ferry from Anacortes. Also the drive up Mt Baker is incredible right here in Bellingham. In Seattle downtown...
by InvestoGuy
Sat Jan 12, 2013 10:00 am
Forum: Personal Consumer Issues
Topic: Things to do in Seattle and Vancouver in Feb
Replies: 14
Views: 1215

Things to do in Seattle and Vancouver in Feb

I have the opportunity to spend a weekend the first week of Feb in Seattle and/or Vancouver. I love to do outdoorsy things, but given the season, would you recommend anything outdoor? What recommendations do you have for outdoor / indoor things in either cities?
by InvestoGuy
Fri Jan 11, 2013 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Canadian $
Replies: 30
Views: 1972

Re: Getting Canadian $

I am only talking a small amount here for food and entertainment, maybe $500-600 bucks.
by InvestoGuy
Fri Jan 11, 2013 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Canadian $
Replies: 30
Views: 1972

Getting Canadian $

Hello:
I may have to travel to Canada for a few days. Where will I get the best rate to convert USD to Canadian Dollars?
Should I do it at a local bank in the US or a bank in Canada or just go to the ATM in Canada and withdraw money there?
Thanks.
by InvestoGuy
Thu Jan 03, 2013 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on spouse’s elderly parents’ move to the US
Replies: 6
Views: 801

Re: Advice on spouse’s elderly parents’ move to the US

Thank you all for your responses. I appreciate the advice. Looks like lot more research to do.
Any other information / advice is welcome as well. More posters the better.