Search found 29 matches

by Mathcop
Fri May 19, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Carryover Losses and Tax Gain Harvesting
Replies: 4
Views: 412

Carryover Losses and Tax Gain Harvesting

After decades of non-Boglehead investing, my in-laws have finally come around to a standard 3-fund portfolio. Current balances are approximately $250,000 in taxable and $250,000 in traditional IRAs. They are mid-70s and thus are taking RMDs. Those plus SS and pension have them firmly in the 25% fede...
by Mathcop
Mon Apr 03, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 24386

Re: Low-earners- What is your profession?

What this means is that for every employee of my employer if their salary is $X, then the employer must turn over $X*0.2 to the pension fund. It is not subtracted from the employee's $X salary, but it is rather like a 20% "tax" on all salary that the employer must turn over to the pension...
by Mathcop
Mon Apr 03, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 24386

Re: Low-earners- What is your profession?

And to avoid sidetracking the OP's thread, I am a fellow police officer. DW is a registered nurse. When we started our careers thirty years ago, our hourly pay rates were both in the single digits. By following Boglehead principles in terms of both saving and spending, we have (hopefully) managed to...
by Mathcop
Mon Apr 03, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 24386

Re: Low-earners- What is your profession?

But the pension recipients have guaranteed payout, meaning the the underfunded pension systems become gigantic resource black holes, sucking in funds at the expense of everything else. It means less jobs, lower wages, cut services, higher costs, so almost everyone suffers to benefit the privileged ...
by Mathcop
Thu Mar 10, 2016 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Is a CS PhD financial suicide for my profile?
Replies: 57
Views: 7150

Re: Is a CS PhD financial suicide for my profile?

I know someone who did a masters in computer science...he is now a police officer. It is rare that one can, in one move, change the average IQ of two groups. Sorry, but it struck me as funny. No offense intended. OP, good luck. The heart wants what it wants, and so does the mind. Go for it. As a tw...
by Mathcop
Sat Nov 15, 2014 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Split Acct - did I cause this? (NOT)
Replies: 23
Views: 3176

Re: Vanguard Split Acct - did I cause this?

At one time, Vanguard had a maximum number of funds that could be held in one account - if I remember correctly, the number was 16. If you tried to purchase a 17th fund within the same account, they opened a second account of the same type and put the new fund into the new account. One of the issues...
by Mathcop
Sat Nov 15, 2014 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Time Out of Market During Rollover
Replies: 18
Views: 1859

Re: Time Out of Market During Rollover

Just checking back to see how this went. I'm rolling between 403b providers at my employer, and I used the tricks I mentioned above to avoid stock volatility, but I'm still finding that even the not so volatilite assets can swing a bit too. DW still hasn't been able to pull the trigger, but when sh...
by Mathcop
Sat Nov 15, 2014 12:03 pm
Forum: Personal Consumer Issues
Topic: Dealing with pressure for "social donations" at work
Replies: 181
Views: 19746

Re: Dealing with pressure for "social donations" at work

While I understand the reasons for disagreeing with this request from a supervisor, I am surprised (and a little disappointed) at the intensity of the outrage expressed throughout this thread. Ganacel - Have you ever had anyone in your life who helped you out, even if they were not "contractua...
by Mathcop
Fri Nov 14, 2014 6:58 pm
Forum: Personal Consumer Issues
Topic: Dealing with pressure for "social donations" at work
Replies: 181
Views: 19746

Re: Dealing with pressure for "social donations" at work

While I understand the reasons for disagreeing with this request from a supervisor, I am surprised (and a little disappointed) at the intensity of the outrage expressed throughout this thread. Ganacel - Have you ever had anyone in your life who helped you out, even if they were not "contractual...
by Mathcop
Thu Oct 16, 2014 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Time Out of Market During Rollover
Replies: 18
Views: 1859

Re: Time Out of Market During Rollover

How much is in stocks in that account versus fixed income and how much FI do you have in other tax advantaged accounts? Currently, each of our tax advantaged accounts reflects our overall asset allocation. I suppose we could temporarily (or permanently) switch all of our fixed income into the accou...
by Mathcop
Thu Oct 16, 2014 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Time Out of Market During Rollover
Replies: 18
Views: 1859

Re: Time Out of Market During Rollover

How bad are the costs where she is? If not too bad, she could do it whenever she chooses to do the rollover. If they are all expensive, then do whatever you need to do. I would contact Vanguard to arrange it and set it up, but that may not really speed it up. If her new job has good choices, she co...
by Mathcop
Thu Oct 16, 2014 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Time Out of Market During Rollover
Replies: 18
Views: 1859

Re: Time Out of Market During Rollover

Sidney wrote:Does the plan allow partial rollovers?


Partial rollovers are allowed, but having experienced a substantial foul up during a previous rollover, we would prefer to minimize the number of transfers that we need to shepherd through the process.
by Mathcop
Thu Oct 16, 2014 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Time Out of Market During Rollover
Replies: 18
Views: 1859

Time Out of Market During Rollover

DW recently changed jobs and desires to rollover her old 403b account to a Vanguard IRA. The balance in the 403b is a significant portion of our total retirement savings. The 403b provider will not do an in kind transfer and requires that the account be liquidated and a check sent to the new IRA cus...
by Mathcop
Mon Jul 19, 2010 7:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowers expense ratio on VFSVX.
Replies: 5
Views: 2065

Its initial expense ratio was 0.60%. It then went up to 0.78% and now is back down to 0.63% - an overall increase of 5%.

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by Mathcop
Wed May 19, 2010 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Pros and Cons of paying off mortgage..
Replies: 207
Views: 37813

I'm in a similar situation. An added twist which I still need to research: I have a child entering college in three years. Apparently the formulas used by the government and by colleges to calculate the family's expected contribution treat money in the bank or in a taxable investment account differe...
by Mathcop
Sun Jan 31, 2010 7:55 pm
Forum: Personal Consumer Issues
Topic: Movie Rental Service, Who is Best?
Replies: 54
Views: 7115

Visitor - I have no experience with Blockbuster, but I have used Netflix for several years and would recommend them. The DVDs are shipped promptly. The only movies for which there has been a wait have been the most popular recent releases (and then only a matter of a few days). On the rare occasion ...
by Mathcop
Sun Jan 17, 2010 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Will FSA cover an expense incurred in December?
Replies: 7
Views: 1624

Every flexible spending account that I have ever used would only reimburse expenses that occurred during the time period that the account was open, regardless of when the billing took place. I don't know whether those rules were designed by the employer/administrator or whether they are built into t...
by Mathcop
Sun Jan 17, 2010 10:05 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads' View - I Bond Column
Replies: 45
Views: 6718

Mel - Excellent column. Your clear-thinking posts on the benefits of I-bonds are what caused my to consider, and ultimately purchase, them. Thanks!
by Mathcop
Sun Jan 17, 2010 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to reduce AGI for purpose of IRA contribution
Replies: 22
Views: 2780

Re: Is it possible to reduce AGI for purpose of IRA contribu

... A small point, but nonetheless worth considering, is that some actions that reduce your AGI also reduce the amounts upon which your social security benefits will ultimately be calculated. Please explain. For instance? Certainly, if you are self-employed and you have lots of expenses on Schedule...
by Mathcop
Sun Jan 17, 2010 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to reduce AGI for purpose of IRA contribution
Replies: 22
Views: 2780

Re: Is it possible to reduce AGI for purpose of IRA contribu

Is there anything we can do (legally, of course) which will reduce our adjusted gross income so that we could contribute to an IRA? If you or your wife have access to flexible spending accounts for healthcare or childcare expenses, pretax contributions made to those accounts can also reduce your AG...
by Mathcop
Mon Jan 11, 2010 3:36 pm
Forum: Investing - Theory, News & General
Topic: ER increase for FTSE All-World ex-US Small-Cap
Replies: 52
Views: 9758

Do you have a link? All I can see from the fund page is the semiannual report from 4/30/09. Thanks. Hope this works (my first attempt at posting a link). If it doesn't, the annual reports for both the "large" and the "small" funds are combined in one report, which is available o...
by Mathcop
Mon Jan 11, 2010 2:45 pm
Forum: Investing - Theory, News & General
Topic: ER increase for FTSE All-World ex-US Small-Cap
Replies: 52
Views: 9758

From the fund's annual report, released today: "For the fiscal year ended October 31, 2009, the expense ratios for the various share classes of Vanguard FTSE All-World ex-US Small-Cap Index Fund were higher than those estimated in the fund’s prospectus. The difference was largely a function of ...
by Mathcop
Sat Jan 02, 2010 12:26 am
Forum: Personal Consumer Issues
Topic: Non-Bogleonian? Engagement Ring Time
Replies: 137
Views: 21322

Re: Non-Bogleonian? Engagement Ring Time

Though I have been blessed with a money conscious girl-friend My wife of 20 years, who is truly money conscious, insisted that I buy her a less expensive engagement ring than I had been considering. Her reasoning - "Once we're married, we'll be combining our finances. Therefore, I am essential...
by Mathcop
Fri Jan 01, 2010 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Could you/do you live on $50,000 a year?
Replies: 356
Views: 72482

We don't do it currently because of what we spend on our disabled child. But if we had to, we would. What other choice is there? Saving for the future would definitely take a hit, though.
by Mathcop
Thu Dec 31, 2009 7:36 am
Forum: Personal Consumer Issues
Topic: H1N1 Flu Shot Survey
Replies: 48
Views: 6138

Google "H1N1 vaccine recall." They developed that stuff too quickly for me to believe safety was their #1 priority.
by Mathcop
Wed Dec 30, 2009 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Accounts
Replies: 30
Views: 5353

newbie - I think Discover Bank is a good choice.
by Mathcop
Wed Dec 30, 2009 9:29 pm
Forum: Investing - Theory, News & General
Topic: ER increase for FTSE All-World ex-US Small-Cap
Replies: 52
Views: 9758

Livesoft - I agree, this seems to be an excellent fund and still has one of the lowest ERs among international small cap funds. But Vanguard explained recent ER increases in some of its major funds on declining assets due to the bear market. This fund has had nothing but increasing assets since its ...
by Mathcop
Wed Dec 30, 2009 4:36 pm
Forum: Investing - Theory, News & General
Topic: ER increase for FTSE All-World ex-US Small-Cap
Replies: 52
Views: 9758

DDB - Yes, I understand that. However, each fund does have an ER that is published in its prospectus and we use that number as an expected indicator of the funds expenses. As the fund in question is up >50% since its inception just a few months ago, I would expect that its expenses as a "ratio&...
by Mathcop
Wed Dec 30, 2009 4:24 pm
Forum: Investing - Theory, News & General
Topic: ER increase for FTSE All-World ex-US Small-Cap
Replies: 52
Views: 9758

ER increase for FTSE All-World ex-US Small-Cap

The expense ratio for Vanguard FTSE All-World ex-US Small-Cap increased today from .60 to .78. The prospectus supplement shows that the management portion of the fee deceased from .46 to .18, but the "other expenses" increased from .14 to .60. As the fund has performed well since inception...

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