Search found 63 matches

by Pax
Sat Nov 11, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 117
Views: 7856

Re: Do you meditate?

The best and most practical system of meditation that I know is the Silva Method. I have been doing it for 41 years and counting. Sometimes, I have stopped for a few months but I always come back to it. At times, it has been "the difference that made the difference" for me. From health issues to lif...
by Pax
Sat Sep 23, 2017 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5804

Re: Alliant Credit Union no longer offering HSA's as of 11/9

.... I'm leaning toward moving to Elements Financial. To avoid the annual fee ($48), keep $2500 in the cash account at 0.5% interest. There's also a nuisance fee of $25 for a wire transfer from the bank account to TD Ameritrade, which would be once a year. I am also looking at Elements. Do you know...
by Pax
Mon Sep 18, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5804

Re: Alliant Credit Union no longer offering HSA's as of 11/9

BolderBoy wrote:
Mon Sep 18, 2017 10:17 pm
Hmmmm.

https://en.wikipedia.org/wiki/HealthEquity

So it is a for-profit, publicly traded company. Glug. No wonder it doesn't publish the interest rates it pays on its HSA accounts.
Interest Rates Here
http://resources.healthequity.com/Docum ... hedule.pdf
by Pax
Mon Sep 18, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union no longer offering HSA's as of 11/9
Replies: 56
Views: 5804

Re: Alliant Credit Union no longer offering HSA's as of 11/9

All I want to use my HSA is for bonds. They have Vanguard Total Bond Market Idx Instlpls (VBMPX). What do you think about the "Self-driven" admin fee of .033% monthly? Interest Rates Here http://resources.healthequity.com/Documents/Interest_rate_schedule.pdf I also noticed that on their Tier 4 (Over...
by Pax
Wed Sep 06, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with apprecited JABAX in taxable account?
Replies: 7
Views: 593

Re: What to do with apprecited JABAX in taxable account?

grabiner, I'd like to follow up since I have something to learn here. Scenario 1, sell now: 35k capital gains x (15% + 8%) = about $8,000 taxes now Scenario 2, hold for 11 years: Distributions look like roughly 2%, all dividends. That's 2% of 110k = 2,200 annually taxed at (25% + 8%) = $726 x 11 ye...
by Pax
Tue Sep 05, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with apprecited JABAX in taxable account?
Replies: 7
Views: 593

What to do with apprecited JABAX in taxable account?

A long time ago (2012) I bought Janus Balance Fund (JABAX). It has appreciated 47.51% ($35K). Except for some distributions that amount to about $250, it is all long term gains. I know now that JABX and its bonds are not supposed to be placed in a taxable account. Should I sell it, pay the taxes on ...
by Pax
Wed Aug 30, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?
Replies: 24
Views: 2858

Re: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?

1) OK, I am in the process of canceling mg Escrow. I plan to either take the monthly $700 from the escrow of the taxes and: 1.1 put in a Bond ETF/Fund 1.2 or keep it cash in a 1% savings account 2) If I stop the additional payments to the mortgage's principal ($1,300 / month). With a conservative 10...
by Pax
Sun Aug 27, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?
Replies: 24
Views: 2858

Re: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?

...... As a separate issue, Janus Balanced is not a good fund for a taxable account. If you are planning to use that fund soon for paying off the mortgage, you may not need to do anything, but if you want to keep a taxable investment, you should put it in something more tax-efficient (likely munis ...
by Pax
Fri Aug 25, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?
Replies: 24
Views: 2858

Re: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?

I would do escrow on your own. why send 700+ to have someone else hold your money? You probably have savings to cover the escrow part anyways. Imagine taking that 700 and "saving" it rather than being forced to pay it each month. Thanks for all the responses! I figured that I would * let * the Mort...
by Pax
Fri Aug 25, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?
Replies: 24
Views: 2858

Does it make sense to accelerate paying off mortgage now that I am 57 yrs old?

I have a 30 year mortgage and for a while I was taking the difference between a 30 year payment and a 15 year payment and putting it in a taxable portfolio with Fidelity (Currently, I have $18K in Berkshire Hathaway B (BRKB) and $90K in Janus Balance Fund (JABAX). The idea was that at the end of the...
by Pax
Sat Aug 12, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: The Ideal Renting Situation
Replies: 6
Views: 705

The Ideal Renting Situation

Hi: Putting financials aside, I would like to tap into the collective experience of this board to define and find the ideal renting situation. As for my personal situation, the reason for considering renting, is because the house is getting a little big for me (unused rooms) and maintenance is getti...
by Pax
Fri Aug 11, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Home Ownership / Investing
Replies: 18
Views: 1054

Re: Home Ownership / Investing

I bought my house in the mid 90's for 100K and was able to pay it off in about 13 years. It is has gone up in value and is now worth 250K. While that looks good on paper, I can't really do much with the equity, because if I were to sell it I would have to spend the same amount to buy a similar hous...
by Pax
Fri Aug 11, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account
Replies: 37
Views: 4055

Re: Health Savings Account

No question HSA is the best way to invest your money. Money goes in and comes out tax-free both way if you use it to pay medical costs. Invest in it long enough and it would become your long term care insurance. Too bad I don't have a high deductible plan at work. Also, money sitting in HSA and Rot...
by Pax
Fri Jul 28, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2923

Re: Help with Amortization Schedule with Extra Payments

But the most important reason as discussed earlier is that you can withdraw your contributions from a Roth IRA at any time without tax or penalty. So it can be used as a secondary source of emergency funds -- though it should be a dire emergency. Not so with a Roth 401(k). Also, a 401(k) Roth is su...
by Pax
Fri Jul 28, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2923

Re: Help with Amortization Schedule with Extra Payments

If you have money to spare, then contribute up to the max allowed to tax-deferred 401(k)s. jb This is assuming your career is not expected to change enough to give you drastically MORE money between now and retirement age; and unless you have a huge pension and unusually high social security benefi...
by Pax
Fri Jul 28, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2923

Re: Help with Amortization Schedule with Extra Payments

niceguy7376 wrote:
Pax wrote: After-Tax Basic - 8% (Company matches this 8% Post-Tax (SEE MY QUESTION BELOW)
Company match is always pre tax
Correct, company match is always pre tax regardless if my eligible contribution is Pre or Post Tax. Thanks for the clarification.
by Pax
Fri Jul 28, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2923

Re: Help with Amortization Schedule with Extra Payments

If you have money to spare, then contribute up to the max allowed to tax-deferred 401(k)s. jb I think I discovered something that I should change. I have to admit I sometimes struggle with my company savings plan. Here's the description of the plan and contributions: Company X Savings Plan - Employ...
by Pax
Tue Jul 25, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2923

Re: Help with Amortization Schedule with Extra Payments

Ask your buddy why he would bother paying down a 3% mortgage. That's the relevant question. ... excerpt... So …. IMO, there are other things that should be done first: Contribute up to the max allowed to any available tax-deferred retirement plans like 401(k)s, etc; Do HSAs and 529s to the amount y...
by Pax
Mon Jul 24, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 2923

Re: Help with Amortization Schedule with Extra Payments

Ask your buddy why he would bother paying down a 3% mortgage. That's the relevant question. If he insists on paying it off early, he'd be better off starting tomorrow with less money per month than waiting for two years (assuming that he's not currently on payment #24). I have a 3.5% Mortgage and I...
by Pax
Fri Jun 02, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: IPS Guidelines for Small to Large Windfalls?
Replies: 12
Views: 1150

Re: ISP Guidelines for Small to Large Windfalls?

Need more details. Setting aside the source of the money, what is your current situation and what are your goals for the money? I am 57 yrs old with longevity in the family --- so want to grow my taxable investment account and eventually, as I mentioned in another post on budgeting: https://www.bog...
by Pax
Thu Jun 01, 2017 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: IPS Guidelines for Small to Large Windfalls?
Replies: 12
Views: 1150

IPS Guidelines for Small to Large Windfalls?

In another thread on budgeting using sub-account buckets someone mentioned his IPS Guidelines for small to large "windfalls", i.e.: - 1/3 towards mortgage prepay - 2/3 into After Tax account (into whichever funds that are off balance Another poster mentioned anything over $5K turn in CDs, another wo...
by Pax
Thu Jun 01, 2017 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 3025

Re: Do you have a bucket to pay your mortgage or pay from core?

What do you mean by a core account? I have a checking account. When there is too much in it, I move to savings . When I get about $5k, it goes to cd. I don't think in terms of a core account. I have the same question, which I don't think the OP has answered yet. I pay my mortgage through bill-pay a...
by Pax
Thu Jun 01, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 3025

Re: Do you have a bucket to pay your mortgage or pay from core?

I have a separate account for my mortgage, but only because my mortgage lender gave me a relationship discount if I maintained a checking account with them. It pays virtually no interest, so I funded it initially with a couple hundred bucks to give it a cushion, then set my monthly paycheck to dire...
by Pax
Thu Jun 01, 2017 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 3025

Re: Do you have a bucket to pay your mortgage or pay from core?

What benefit do you get out of having a separate checking account just for the mortgage? Is it not easier to just allocate a single checking account to the different purposes outlined in your budget? Do you have a budget? If not, try YNAB. I am using separate accounts as the place where I am reserv...
by Pax
Wed May 31, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 3025

Re: Do you have a bucket to pay your mortgage or pay from core?

I'm interested, however, in how it's helped you manage your finances. Can you explain in a little more detail? I'm always looking for good tips about managing mine! I am referring budget buckets, e.g., New car, 15 year payoff mortgage, Fun Fund, House Projects Fund, etc.. Some of these are brokerag...
by Pax
Wed May 31, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 3025

Do you have a bucket to pay your mortgage or pay from core?

For years, I have had an account dedicated to pay the mortgage. I will fund it once or twice a months -- depending on my situation and then I will have auto-bill payments pay directly the mortgage company. I did this when I was self-employed and it helped me keep my finances in check. Today, I am em...
by Pax
Wed May 31, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Masonic Homes in Lieu of Long Term Care (LTC) Insurance
Replies: 4
Views: 1248

Re: Masonic Homes in Lieu of Long Term Care (LTC) Insurance

HAL 9000 wrote:I heard you sign over all your assets and they take care of you until the end.
I guess this is the last resort. Now to be able to sign over your assets should take some planning, in case the mental incapacity becomes an issue. They do have different levels of care.
by Pax
Tue May 30, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Masonic Homes in Lieu of Long Term Care (LTC) Insurance
Replies: 4
Views: 1248

Re: Masonic Homes in Lieu of Long Term Care (LTC) Insurance

123 wrote:How do you know they'll have enough room for you and everyone else who is eligible?
Good question. I need to get on the details. The care is not free but -- I think that it is based on the person's income. Yet the care is excellent.
by Pax
Tue May 30, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 38
Views: 4745

Re: Not Another Payoff The Mortgage Thread....

Here is what I did, as at the moment I was self-employed and had my first "big mortgage". I calculated the amount needed to make payments as if my 30 year mortgage was a 15 year mortgage. I took the difference and put the money in a mutual balanced mutual fund (Janus Balance Fund). The idea was that...
by Pax
Tue May 30, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Masonic Homes in Lieu of Long Term Care (LTC) Insurance
Replies: 4
Views: 1248

Masonic Homes in Lieu of Long Term Care (LTC) Insurance

I still have 10-11 years to retirment, yet, as I am elegible to a Masonic Home, I wonder if I could treat it as my LTC insurance?
Any thoughts?
by Pax
Fri May 26, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

Interesting and creative.

Is there a calculator the marginal tax savings? How did you come up with 29.75% ?

Thanks

Pax
by Pax
Thu May 25, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

Wo, $54K a year! Yet I will need money left in my paycheck to pay the bills. I see the possibilities once I get more financial clarity. For example, I have a 30 year mortgage and I am making 15 yr payments. Maybe, instead, I should putting those paynents in the 401K... but I am jumping the gun. I wi...
by Pax
Thu May 25, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

rolled from the After-tax 401k Pingo: Thanks for your feedback. And the deserved / needed lecture!! :) I have to admit that -- you are right -- I considered my Employer's 401K plan as one-single account, now I see that it has several parts (or accounts), i.e: - AFTER-TAX BASIC - 8% - AFTER-TAX SUPP...
by Pax
Wed May 24, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

In the meantime, there’s a really big chunk of money sitting in cash ($420K) . Where is this $420k? I don't see it placed anywhere in your financial summary. Is it part of the money you have already marked for parent care, new care and mortgage pay-off? Also, you list one 401k account, but doesn't ...
by Pax
Wed May 24, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: I did it! Tax Advantaged AA
Replies: 1
Views: 459

I did it! Tax Advantaged AA

I have been working on this for a while. And today, I bought the final bulk of my AA ( a la BogleHeads ). It helped to read and re-read the postings --- especially the ones about buying all at once or doing DCA. I did the lump-sump. I know that tomorrow the portfolio will go down, and then later it ...
by Pax
Tue May 23, 2017 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity and their "free advisor" service?
Replies: 34
Views: 4032

Re: Fidelity and their "free advisor" service?

I meet with my Fidelity adviser once a year. Mostly because before finding this Bogleheds Forum, I knew that my portfolio was just the remants of a strategy thought out a long time ago and I was not doing any short of rebalancing. And I thought that I needed a check up. I did yet a call from him, tw...
by Pax
Sun May 21, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: blackout curtains
Replies: 19
Views: 3002

Re: blackout curtains

I use a sleep mask. Can't stand any light and the mask works even when spouse stays up reading. Which sleep mask do you recommend? Now, I am using the black paper temporary shades but then tend to stay on the whole Summer night/day time. And this makes me miss the wonderful water-views that I have ...
by Pax
Wed May 17, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Execute: From Cash to Funding Asset Allocations
Replies: 8
Views: 1075

Re: Time to Execute: From Cash to Funding Asset Allocations

Are you investing in a Total International fund as well? May help you sleep better to hold 20-30% (of equity portion) in a much better valued, and still very diverse asset class. etc.... Also I assume you have a healthy emergency-fund in a high-yield (Ally or similar) savings account? MotoTrojan: I...
by Pax
Wed May 17, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 8861

Re: Article: "Our emergency fund is exactly $0.00"

Pax, You slice and dice your "cash" funds . Then, you think that you save too much cash. But, you may or may not be correct. That is your problem. I don't have this problem. I keep 1 year worth of emergency fund. Then, I have other flows of cash: my annual savings into the taxable account and taxab...
by Pax
Wed May 17, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 8861

Re: Article: "Our emergency fund is exactly $0.00"

(Please stay focused to help the OP.) See the wiki: Emergency fund pax - I notice you have 9 months of expenses saved up here: Portfolio Questions and Review Do you have any questions on what to do with the 9 months of expenses? [/color] LadyGeek: Thanks for noticing! I do have a struggle since I a...
by Pax
Tue May 16, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Execute: From Cash to Funding Asset Allocations
Replies: 8
Views: 1075

Time to Execute: From Cash to Funding Asset Allocations

With the help of this board and Bogle Philosophy: - I was able to define my Asset Allocation for my retirment plan - I have an almost completed Investment Strategy Plan (ISP) - somehow I think I will keep tweaking it - I sold my individual stocks and high expense ratio mutual funds - The 401K accoun...
by Pax
Mon May 15, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 47
Views: 5082

Re: how do you invest your HSA

Gosh... there's so much to learn and apply. I am adding this to my Investment Strategy Policy : For HSA AA - 100% Vanguard Total Bond Market Index Fund Investor Share (VBMFX) ER=0.16% plus $72/yr or - Keep one year deductible in cash (in 2017 $3,500 total) - Balance portion to grow in 10 years, exam...
by Pax
Mon May 15, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 47
Views: 5082

Withdraw Anytime in the future?

Question: I might have read this somewhere but I would like a confirmation / opinions / take. Can one actually pay medical expenses out of pocket and retain the receipt/invoice. Then anytime in the future -- even 30-40 years down the road -- withdraw an amount equal to those medical expenses? If so...
by Pax
Thu May 04, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

After-tax 401k savings: $18,000 + $6000 catchup (gets rolled into Roth IRA once per year Pingo: I called Fidelity and before age 59 1\2 I am limited on the amount that I can roll over to 16%. So let's use 16k for the calculations. Now my vacation can start! :greedy Thanks again. For your generous a...
by Pax
Tue May 02, 2017 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

Pingo: I really appreciate your assistance! Your questions have generated more questions on what I am actually doing. I believe that I didn't give you monthly contributions since I have actually making payments based on 10 months a year and not 12 months a year. My apologies. Plus I had bonuses that...
by Pax
Mon May 01, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

I realize that you may need a little more orientation, which we're happy to give. In order to do so, please answer to following questions so that I can be sure I understand your earlier posts with clarity: 1. Are you contributing to a Traditional (pre-tax) or Roth 401k (post-tax)? My 401k plan has ...
by Pax
Mon May 01, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

Re: Portfolio Questions and Review

Those charts are wonderful! Thanks, so much. Regarding, the International AA sugestion, I got it from this thread by 8/6/2016 Taylor Larimore : How much international stock? A suggestion. https://www.bogleheads.org/forum/viewtopic.php?t=196956 What is your take on iShares Core S&P Total U.S. Stock M...
by Pax
Mon May 01, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Questions and Review
Replies: 25
Views: 3198

My 401K Plan Offers Vanguard!! Three Fund Portfolio Approach

Either this was added to my company plan while I was reseraching or I had blinders on when I was looking at this :oops: . Now this could be my Three Fund Portfolio Approach Three Fund Portfolio Approach 401k 45% Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) (0.02%) 20% Vanguard...
by Pax
Fri Apr 28, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: One Fund? Really?
Replies: 49
Views: 6712

Re: Investment horizon?

Your investment horizon is NOT 11 years, but rather to your life expectancy. Bogleheads: It should be longer than that for planning purposes. Half of us will live beyond the "life expectancy" tables. Best wishes. Taylor (age 93) That's outsanding. Dad was 94 when he passed and Mom is 97 and still a...