Search found 339 matches

by JustinR
Fri Jan 20, 2017 10:44 pm
Forum: Investing - Theory, News & General
Topic: Help - Which of these bond funds are best for my bond allocation?
Replies: 1
Views: 223

Help - Which of these bond funds are best for my bond allocation?

I don't know anything about bonds. I've narrowed it down to these bond funds for my HSA as they're largely exempt from state taxes (CA treats HSAs as taxable accounts). Which of these are appropriate for my bond allocation to hold until retirement? Current portfolio: Equities: 25% Total Stock Market...
by JustinR
Fri Jan 20, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1288

Re: Are TIPS good or bad?

... Treasuries are non-taxable by states, so holding TIPS in an HSA in CA makes them and the account essentially tax-free. At least three states tax HSA contributions as regular income. Treasuries inside traditional IRAs and 401(k)s are taxable upon distribution by both the federal government and b...
by JustinR
Fri Jan 20, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

When looking at bond funds/etfs, how do I know if it's taxed by CA or not? Does it say that somewhere in the prospectus or something? Anywhere I can check? From Vanguard: U.S. government obligations information tells you how much of each fund's interest and assets is exempt from state tax. A footno...
by JustinR
Fri Jan 20, 2017 3:29 am
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1288

Re: Are TIPS good or bad?

... Treasuries are non-taxable by states, so holding TIPS in an HSA in CA makes them and the account essentially tax-free. Treasuries inside traditional IRAs and 401(k)s are taxable upon distribution by both the federal government and by states. Does California's HSA-taxing statute make a distincti...
by JustinR
Thu Jan 19, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: Are TIPS good or bad?
Replies: 18
Views: 1288

Are TIPS good or bad?

I've been researching buying TIPS for my HSA (due to CA taxing HSAs), but recent threads all seem to all say that they're currently a poor investment compared to other bond funds.

Thoughts?
by JustinR
Thu Jan 19, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Which funds should I buy for my HSA?
Replies: 5
Views: 615

Re: Which funds should I buy for my California HSA?

The simplified idea behind a taxable account is your looking for something that doesn't throw dividends as there taxed yearly. A easy example would be Vanguards Total Market Stock index fund. Some efficient types: Low-yield money market, cash, short-term bond funds Tax-managed stock funds Large-cap...
by JustinR
Thu Jan 19, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

California does not tax interest on TIPS or Treasury bonds, or on funds which hold them. However, it does tax capital gains, either distributed by the funds or when you sell shares. My confusion comes from: "However, it does tax capital gains, either distributed by the funds or when you sell s...
by JustinR
Thu Jan 19, 2017 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Which funds should I buy for my HSA?
Replies: 5
Views: 615

Which funds should I buy for my HSA?

California doesn't recognize HSAs, so on a state level it's treated as a taxable account. Many people have recommended TIPs or treasuries to minimize taxes. I'm not really familiar with treasury funds, so can you help me by taking a look at these and let me know what's appropriate to invest in? I ha...
by JustinR
Tue Jan 17, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 115
Views: 10048

Re: Why nobody understands importance of high-deductible insurance?

If you have money, which I imagine includes most people on this forum, high deductible is the way to go. For simplicity we're going to leave out health insurance because it's a different beast as people have pointed out. First of all, you're not actually supposed to use your insurance. The moment yo...
by JustinR
Mon Jan 16, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Re: Is the housing market like stocks? When do you think prices fall again?

Can you run me through the numbers for 1 and 2 again? An example would be awesome. 1) Is this the total monthly payment (P&I + insurance + taxes + HOA)? 2) Assuming you have a mortgage, this is just the monthly interest portion * some percent? Sure. Let's say you are renting @ $4000/month to re...
by JustinR
Mon Jan 16, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Re: Is the housing market like stocks? When do you think prices fall again?

I'm not thinking of it as an investment. It's more about my money going towards equity than towards nothing (renting). It's true that I could lose money too. That's one of the reasons I want to wait to buy low, to minimize that chance. A good way to visualize the fallacy of this approach is to visu...
by JustinR
Mon Jan 16, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Re: Is the housing market like stocks? When do you think prices fall again?

Is the housing market actually cyclical, or is it like the stock market where everything is already "priced in" and will stay that way until there's no information? I want to hear from more experienced older folk who've seen how the housing market has gone. Does it go up and down regularl...
by JustinR
Mon Jan 16, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Re: Is the housing market like stocks? When do you think prices fall again?

Is the housing market actually cyclical, or is it like the stock market where everything is already "priced in" and will stay that way until there's no information? I want to hear from more experienced older folk who've seen how the housing market has gone. Does it go up and down regularl...
by JustinR
Mon Jan 16, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Re: Is the housing market like stocks? When do you think prices fall again?

From my experience your "no rush" philosophy is a good one. I was asking similar questions in the year 2006 when I was in the market for a house and the prices were getting astronomical. There were lots of voices on the internet assuring home buyers that there was no such thing as a "...
by JustinR
Mon Jan 16, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Is the housing market like stocks? When do you think prices fall again?
Replies: 38
Views: 2854

Is the housing market like stocks? When do you think prices fall again?

Is the housing market actually cyclical, or is it like the stock market where everything is already "priced in" and will stay that way until there's no information? I want to hear from more experienced older folk who've seen how the housing market has gone. Does it go up and down regularly...
by JustinR
Sun Jan 15, 2017 5:26 am
Forum: Investing - Theory, News & General
Topic: Do you manually do bookkeeping for all your investments by yourself?
Replies: 17
Views: 1825

Do you manually do bookkeeping for all your investments by yourself?

I'm reading about tax loss harvesting, as well as the horrible book keeping us Californians have to do for HSAs. HSA's are not required to send participants any tax documents, so Californians (whose state does not recognize HSAs) have to do all the calculations themselves. And I'm thinking that most...
by JustinR
Sat Jan 14, 2017 4:42 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7185

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

Who would have more income as a retiree than when they're working? a) somebody with a big inheritance b) somebody who lived way below their means and invested wisely c) somebody who was very successful in their career and didn't blow all the money etc. So basically these all boil down to "if y...
by JustinR
Sat Jan 14, 2017 12:30 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7185

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

Who would have more income as a retiree than when they're working? a) somebody with a big inheritance b) somebody who lived way below their means and invested wisely c) somebody who was very successful in their career and didn't blow all the money etc. So basically these all boil down to "if y...
by JustinR
Sat Jan 14, 2017 12:28 am
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7185

Re: Shouldn't everyone do a traditional IRA/401k instead of a Roth?

BW1985 wrote:Roth money is helpful when retiring early as a source of tax free money to live on while you convert tax deferred dollars to Roth paying zero or low income taxes.

Can you elaborate on this strategy? (or a link if it's in the wiki or something)
by JustinR
Fri Jan 13, 2017 11:42 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't everyone do a traditional IRA/401k instead of a Roth?
Replies: 132
Views: 7185

Shouldn't everyone do a traditional IRA/401k instead of a Roth?

Who would have more income as a retiree than when they're working?

Edit: Totally forgot that the cutoff for traditional IRA is a $72k income. So if you make more than that there's no point in getting a traditional IRA over the Roth.
by JustinR
Thu Jan 12, 2017 3:13 am
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

1) I have a question about TIPS/Treasury bonds that people seem to recommend if you're in CA. So I'm reading that some part of them ARE taxed by California? Either the gains or distributions or something? I'm confused about this. Can you explain? California does not tax interest on TIPS or Treasury...
by JustinR
Wed Jan 11, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

1) I have a question about TIPS/Treasury bonds that people seem to recommend if you're in CA. So I'm reading that some part of them ARE taxed by California? Either the gains or distributions or something? I'm confused about this. Can you explain? California does not tax interest on TIPS or Treasury...
by JustinR
Wed Jan 11, 2017 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

Bump.
by JustinR
Wed Jan 11, 2017 4:36 am
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

So when I finally sell my investments at 65+, CA will tax it as capital gains while fed will tax it as ordinary income. Is that correct? CA won't tax the withdrawal itself; however, if you make your withdrawal by selling a mutual fund, CA will tax the capital gain. (CA does not have a favorable tax...
by JustinR
Mon Jan 09, 2017 6:14 am
Forum: Investing - Theory, News & General
Topic: [Hypothetical] If you could withdraw $9,000 from your 401k tax-free each year, would you?
Replies: 1
Views: 499

[Hypothetical] If you could withdraw $9,000 from your 401k tax-free each year, would you?

The IRS has declared that you're allowed to withdraw $9,000 from your 401k each year tax-free, which you can then invest in a taxable account. If you choose not to do this, once you reach 60 you can withdraw tax free the ($9,000 × each year you didn't withdraw the $9K), and the rest will be taxed as...
by JustinR
Mon Jan 02, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

So when I finally sell my investments at 65+, CA will tax it as capital gains while fed will tax it as ordinary income. Is that correct? No. From a federal point of view, the contributions made are in pre-tax dollars, all of the earnings are tax-free, and taking the money out for medical expenses i...
by JustinR
Mon Jan 02, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: New fee schedule at HSA bank
Replies: 53
Views: 11123

Re: New fee schedule at HSA bank

Sorry for bumping this old thread, but does anyone know what happens if you don't have enough funds in the account to pay for the monthly fee? On the fee schedule (http://hsabank.com/~/media/files/cdh/fees/fees_standard_2_50) it says "You may incur a lesser fee than that disclosed to you when y...
by JustinR
Mon Jan 02, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

So when I finally sell my investments at 65+, CA will tax it as capital gains while fed will tax it as ordinary income. Is that correct?
by JustinR
Fri Dec 30, 2016 12:09 am
Forum: Investing - Theory, News & General
Topic: Market Timing - have any REAL patterns ever been identified?
Replies: 39
Views: 3056

Market Timing - have any REAL patterns ever been identified?

I'm sure there are tons of investment professionals that have run the numbers, but have there ever been any actual patterns identified, or does every day/month actually have the same up/down ratio? For example, Mondays being more often down than a Wednesday. Or Januaries being more often down than S...
by JustinR
Wed Dec 21, 2016 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $300 bonus for opening account
Replies: 64
Views: 11769

Re: Chase $300 bonus for opening account

How do you close your accounts?

Do you have to visit a branch to close them?
by JustinR
Wed Dec 21, 2016 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - deduct from paycheck vs contributing yourself
Replies: 22
Views: 1248

Re: HSA - deduct from paycheck vs contributing yourself

If your employer allows you to have your HSA contributions deducted from your paycheck, this usually will work to your advantage. The contribution is in pre-tax dollars--meaning pre-Federal, pre-FICA, and pre-Medicare taxes. California does not conform with federal tax law so you will not be able t...
by JustinR
Wed Dec 21, 2016 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - deduct from paycheck vs contributing yourself
Replies: 22
Views: 1248

Re: HSA - deduct from paycheck vs contributing yourself

For HSAs, are there any benefits to deducting x amount from each paycheck during the year (how most employers do it), versus just contributing the full amount yourself at the beginning of the year and deducting it on your tax return? If I contribute it all myself I can invest everything right away ...
by JustinR
Wed Dec 21, 2016 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - deduct from paycheck vs contributing yourself
Replies: 22
Views: 1248

Re: HSA - deduct from paycheck vs contributing yourself

For HSAs, are there any benefits to deducting x amount from each paycheck during the year (how most employers do it), versus just contributing the full amount yourself at the beginning of the year and deducting it on your tax return? If I contribute it all myself I can invest everything right away ...
by JustinR
Wed Dec 21, 2016 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - deduct from paycheck vs contributing yourself
Replies: 22
Views: 1248

HSA - deduct from paycheck vs contributing yourself

For HSAs, are there any benefits to deducting x amount from each paycheck during the year (how most employers do it), versus just contributing the full amount yourself at the beginning of the year and deducting it on your tax return? If I contribute it all myself I can invest everything right away r...
by JustinR
Sun Dec 18, 2016 1:40 am
Forum: Investing - Theory, News & General
Topic: Didn't contribute enough to 401k this year. Anything I can do to make up the rest?
Replies: 3
Views: 600

Didn't contribute enough to 401k this year. Anything I can do to make up the rest?

Long story short, for some reason I decided not to contribute to 401k this year. I realized I made a huge mistake and changed my mind...in December. By the time the contribution % change goes through, it'll probably only apply to one paycheck in 2016. Is there anything I can do to make up for the re...
by JustinR
Sun Dec 11, 2016 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

The other issue is I am in the highest bracket now and am unlikely to be in the highest bracket in retirement. So I'm weighing getting a 45% marginal rate now against perhaps a 30% marginal rate later. Not sure if the extra tax-free compounding can make up for that difference. Certainly it won't ma...
by JustinR
Sun Dec 11, 2016 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

Can you explain to me how tax bracket is relevant? The part about 45% now vs 30% later. Trying to understand this point. At 65 or older, you can withdraw from HSA for non-medical purposes. If you do so, you are taxed at your marginal rate. At any age, you are not taxed if it is withdrawn for a qual...
by JustinR
Sun Dec 11, 2016 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

Can you explain to me how tax bracket is relevant? The part about 45% now vs 30% later. Trying to understand this point. At 65 or older, you can withdraw from HSA for non-medical purposes. If you do so, you are taxed at your marginal rate. At any age, you are not taxed if it is withdrawn for a qual...
by JustinR
Sun Dec 11, 2016 3:33 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

Ahh...lightbulb. I think I understand now....? You would take already non taxed money, contribute it to 401k, and then take another tax deduction for that contribution...is that right? So then you just have to weigh tax free growth vs the double tax savings now....hmm. Very interesting. :idea: :ide...
by JustinR
Sun Dec 11, 2016 3:32 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

I've been saving receipts up until now, but I think starting this year we're going to start using it and just carry over what we don't use. You are far better off using it now than using it as a stealth IRA. It's only triple tax free if spent on health care. While better later than now (assuming sa...
by JustinR
Fri Dec 09, 2016 2:46 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

I have an HSA and based on this thread don't think I understand it fully (or at all). I thought that I could use the funds from my HSA to py medical expenses as they occur . But from reading this thread you are all saying that in 40 years from now, I could withdraw my funds to reimburse myself for ...
by JustinR
Fri Dec 09, 2016 1:32 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

I have an HSA and based on this thread don't think I understand it fully (or at all). I thought that I could use the funds from my HSA to py medical expenses as they occur . But from reading this thread you are all saying that in 40 years from now, I could withdraw my funds to reimburse myself for ...
by JustinR
Fri Dec 09, 2016 12:59 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

I don't believe that Bandaids constitute a qualified medical expense for tax free HSA distributions (I may be wrong, in an earlier thread on the topic I learned that saline solution did). They are: https://www.jpmorgan.com/cm/BlobServer/HSA_Qualified_Medical_Expenses_Flyer.pdf?blobkey=id&blobwh...
by JustinR
Fri Dec 09, 2016 12:12 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

HSA - is keeping 40 years of medical records practical?

If I'm in my mid-20s and have an HSA, should I: ⋅ start withdrawing from my HSA now to reimburse myself for medical costs as I incur them ⋅ invest, let it grow, and withdraw at 65yo for 40+ years worth of medical costs I'm keeping a spreadsheet of all my costs, and do have scanne...
by JustinR
Sat May 14, 2016 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Chase $300 bonus for opening account
Replies: 64
Views: 11769

Re: Chase $300 bonus for opening account

How much time does the visit to the branch take? (to open a savings+checking account)

30 minutes? An hour?

I got a $500 coupon and am trying to decide if it's worth my time.

Also, has anyone tried opening the account online instead of at a branch?
by JustinR
Wed Dec 23, 2015 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

1. If I sell all my investments, will my HSA provider send me some sort of tax form for California? What I'm asking is can I avoid doing any accounting myself?

2. If my investments are at a loss right now (lower than it was for every instance I bought in at), does that make it easier accounting-wise?
by JustinR
Mon Dec 14, 2015 6:51 am
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

^ All transactions in an HSA are taxable events. The state doesn't recognize the tax-exempt status so all distributions, capital gains, and capital losses are taxable events. A withdrawal is a non-event because the state didn't recognize the account to begin with. While HSA contributions in Califor...
by JustinR
Fri Dec 11, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: HSAs in California
Replies: 91
Views: 20324

Re: HSAs in California

BradMajors wrote:While HSA contributions in California are not tax deductible, HSA WITHDRAWS are tax deductible.

Is this true? How is that done?
by JustinR
Tue Feb 24, 2015 8:30 am
Forum: Personal Consumer Issues
Topic: Netflix DVD delivery slowdown?
Replies: 141
Views: 32987

Re: Netflix DVD delivery slowdown?

I've also noticed a slowdown in the recent 2-3 months. I put it in the mail Thursday morning. I guess they received it on Monday. As of Tuesday morning my "sent" slot is actually empty and it reads "We'll send you your next movie as soon as possible." So: Thursday <- Put in Mail ...
by JustinR
Fri Jan 09, 2015 4:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's stockpickers outperform.... [news article]
Replies: 61
Views: 4737

Re: At Vanguard Active beats Passive

Yet the performance of portfolio managers running Vanguard funds suggests that stock picking is not a fool's errand, as some of Bogle's most devoted fanatics, known as Bogleheads, make it out to be. ... For the year to date, 73 percent of actively-managed value funds are lagging the approximately 8...

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