Search found 42 matches

by PrettyCoolWorkshop
Thu May 24, 2018 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Firecalc and sims - skewed against more current years?
Replies: 3
Views: 385

Re: Firecalc and sims - skewed against more current years?

I see it as there being a tradeoff to make between pure monte carlo and backtesting simulations. With a backtesting simulation, you are able to use real data that includes all the reversion-to-mean behavior of the market (i.e. covariance/correlation between subsequent years of returns). With pure mo...
by PrettyCoolWorkshop
Wed May 23, 2018 6:53 am
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 108
Views: 7262

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

The only reason I am averse to putting money in Vanguard's Total World Index is that the expense ratio is .18%, which is a bit higher than other Vanguard offerings. I feel like I'm making a mountain out of a molehill though.
by PrettyCoolWorkshop
Tue May 22, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Re: Advice for First Time Homebuyer

Here's an update for you guys. Despite the majority of Bogleheads' advice going against my desires, I went ahead and bought the townhouse with the 15 year mortgage. I'm now married to the GF (who is also now working), and the roommates are working out well. I know it may sound strange to you guys, b...
by PrettyCoolWorkshop
Fri May 18, 2018 3:11 pm
Forum: Investing - Theory, News & General
Topic: Equity Crowdfunding
Replies: 7
Views: 384

Re: Equity Crowdfunding

The companies that pursue equity crowdfunding are the companies that were not able to raise funds by any other fundraising mechanism. That should be a warning that the smart money is staying far away.
by PrettyCoolWorkshop
Thu May 17, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 2785

Re: Hot food flavoring (sauces, spices and peppers)

I have found it pretty easy to make hot sauce from scratch. Pick up half a dozen habenero peppers, stem and halve them, toss some oil on them, and roast them in the oven for a bit. Transfer to saucepan and saute while adding a whole head of garlic, a whole onion, and then some white vinegar(or red w...
by PrettyCoolWorkshop
Thu May 17, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pull money out of HSA for non-approved items?
Replies: 6
Views: 462

Re: Pull money out of HSA for non-approved items?

If you have paid with non-HSA funds for prior approved expenses and kept your receipts, then you can pull out the amount of the receipts from your HSA at any point in the future. This is a strategy many people use to hack the HSA into another retirement account. MadFientist has written up about that...
by PrettyCoolWorkshop
Thu May 17, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Cash out Long term gains?
Replies: 9
Views: 709

Re: Cash out Long term gains?

It is unlikely that you could benefit from paying the gains now. The only situation where it could benefit you is if you are in a low (0 or 15%) capital gains tax bracket currently, and anticipate that in future years you will be in a high capital gains tax bracket (20%). This is called "capital gai...
by PrettyCoolWorkshop
Wed May 16, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: What exactly causes a spring mattress to wear out?
Replies: 14
Views: 1298

Re: What exactly causes a spring mattress to wear out?

Thanks for the replies guys. Being "educated" by all the marketing information is fairly neuroticism-inducing.
by PrettyCoolWorkshop
Wed May 16, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: What exactly causes a spring mattress to wear out?
Replies: 14
Views: 1298

What exactly causes a spring mattress to wear out?

Hello forum folks. I recently went through the gauntlet of researching and purchasing a mattress for the wife and I. Especially with the new online bed-in-a-box companies that are everywhere nowadays, and the referral-based distributed marketing ecosystem that has sprung up, misinformation is everyw...
by PrettyCoolWorkshop
Wed May 16, 2018 6:45 am
Forum: Personal Consumer Issues
Topic: DIY AC freon for car or professional fill up
Replies: 15
Views: 1532

Re: DIY AC freon for car or professional fill up

I took my car 2 different shops, one said the valve behind the dashboard is stuck and my freon is full to the top so no charge needed. This did not make sense because the air volume is good Second place said there is no leakage and freon level is low and they need to fill up freon. So I asked about...
by PrettyCoolWorkshop
Mon May 14, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7108

Re: Is there a boglehead muscle car?

Probably a Nissan 240sx. That is the car that a lot of drifters buy for cheap so they can modify the heck out of them for cheap.
by PrettyCoolWorkshop
Thu May 10, 2018 7:37 am
Forum: Personal Consumer Issues
Topic: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!
Replies: 28
Views: 1916

Re: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!

I feel like a lot of the repliers are missing one of the main constraints of the problem. I see that the cargo tray has a railing that you must be able to lift over. Does this railing swing open at all, or is it fixed in place? If it is fixed in place, I would either remove this railing or install a...
by PrettyCoolWorkshop
Mon May 07, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: How to spend less on kids' tutoring fee?
Replies: 13
Views: 1734

Re: How to spend less on kids' tutoring fee?

As someone who has tutored before, part of my mental calculation for how much to charge is based on the inconvenience of going to the meeting location.

Offer to have your kids meet at the tutor's house or other preferred location instead of your house, and negotiate a discount for this.
by PrettyCoolWorkshop
Thu Mar 29, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale question- are ITOT and VTI Substantially Identical?
Replies: 60
Views: 3698

Wash sale question- are ITOT and VTI Substantially Identical?

I've got a deep-in-the-weeds, IRS-is-a-pain-in-the-butt sort of question. I sold some shares of ITOT in order to capital loss harvest. I keep all my funds on automatically reinvested dividends. Because a dividend had been paid within the last 30 days, this triggered a wash sale for that small portio...
by PrettyCoolWorkshop
Fri Mar 09, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Buffett’s Secret Sauce Loses Flavor
Replies: 6
Views: 1001

Re: Larry Swedroe: Buffett’s Secret Sauce Loses Flavor

I am left wondering whether the negative value premium of recent years is a temporary blip or whether all the outperformance has been "mined" out of the factor.

I am tilted toward small cap value and own BRK.B, so I've got some skin in that game!
by PrettyCoolWorkshop
Wed Feb 14, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 7237

Re: PSA: Bank of America now charges $12/month for checking

I wish it were easier to keep track of which banks were pouncing fees on their customers. It is a pretty crappy practice. I'm interested to see if these fees will disappear while interest rates rise. I kind of suspect they won't- the customers that are savvy enough to avoid this sort of stuff have a...
by PrettyCoolWorkshop
Thu Feb 08, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale question
Replies: 24
Views: 1514

Re: Wash Sale question

In response to ivk5, I came back to describe the upthread commentary that conflicts with the IRS guidance. However, in doing so, I became confused myself, mostly because of the terribleness of the English language. This is the comment that I thought was wrong enough to matter: If you sell at a loss,...
by PrettyCoolWorkshop
Thu Feb 08, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Wash Sale question
Replies: 24
Views: 1514

Re: Wash Sale question

I think that the best thing to do here is post directly from the IRS Publication 550 available here: https://www.irs.gov/publications/p550#en_US_2016_publink100010601 Please note that this is an authoritative source and that a lot of what people posting here is in disagreement with it! Example 1. Yo...
by PrettyCoolWorkshop
Wed Dec 20, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding AMT while taking gains
Replies: 8
Views: 989

Avoiding AMT while taking gains

Greetings all. I am in a position this year where it is wise/necessary to collect some substantial capital gains. I plan to spread the gains over the end of this year and the beginning of the next to minimize taxes. I know how to target/avoid high tax brackets, but I know very little of how to model...
by PrettyCoolWorkshop
Fri Dec 01, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: US Tax Law Question- Safe Harbor for Estimated Quarterly Payments
Replies: 9
Views: 1068

Re: US Tax Law Question- Safe Harbor for Estimated Quarterly Payments

It sounds like you've paid >100% of last years taxes already. So assuming your AGI is under $150,000 you should have a safe harbor. An additional safe harbor is paying at least 90% of the taxes due for the year so that should cover you too. If AGI exceeds $150,000 for 2017, does the safe harbor for...
by PrettyCoolWorkshop
Fri Dec 01, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: US Tax Law Question- Safe Harbor for Estimated Quarterly Payments
Replies: 9
Views: 1068

US Tax Law Question- Safe Harbor for Estimated Quarterly Payments

Hope you guys are having a good Friday afternoon. I've got a tax question that I would like help with! I don't think it's too bad of a question, but is keeping me up a bit at night. Since the start of the year, I have known that I would have considerable rental and dividend income (>$4000 at 25% mar...
by PrettyCoolWorkshop
Thu Nov 16, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Investing while on disability
Replies: 5
Views: 477

Re: Investing while on disability

A couple of years ago, the ABLE account was introduced in the United States. This allows disabled individuals to save up $100,000 in the account (if I recall correctly). This money can be used towards living expenses, transportation, education, and some other qualifying expenses. The rules for ABLE ...
by PrettyCoolWorkshop
Mon Sep 11, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Fiancee has job offer from Investment Bank- I'm required to transfer brokerage accounts?
Replies: 11
Views: 2342

Re: Fiancee has job offer from Investment Bank- I'm required to transfer brokerage accounts?

Thanks for the replies everyone. Within my Vanguard accounts, I only own Vanguard ETF's and mutual funds. They are labelled as "brokerage accounts" when viewed on the website.
by PrettyCoolWorkshop
Mon Sep 11, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Fiancee has job offer from Investment Bank- I'm required to transfer brokerage accounts?
Replies: 11
Views: 2342

Fiancee has job offer from Investment Bank- I'm required to transfer brokerage accounts?

Howdy Bogleheads. My fiancee is graduating college and entering the workforce as a programmer with an investment bank soon (this January). Good news all around, she worked there as an intern last summer and enjoyed the work and the people. She recently got her offer letter, which contained the follo...
by PrettyCoolWorkshop
Thu Aug 10, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account
Replies: 37
Views: 4524

Re: Health Savings Account

The optimal use of an HSA is as a stealth retirement account. Research on http://www.madfientist.com to learn more about this strategy. I would invest your HSA balance if possible and pay your healthcare costs out of your taxable accounts (keep your receipts!).
by PrettyCoolWorkshop
Fri Jun 16, 2017 6:40 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 9041

Your Favorite Portfolio Tilts

Hey Bogleheads! I've got an idea for a thread that I think would be interesting, so I will go ahead and start it off. What are your favorite portfolio tilts? These can be a tilt toward a particular sector, toward a particular factor, anything. They should hopefully be backed up by evidence that the ...
by PrettyCoolWorkshop
Fri Jun 09, 2017 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Do Low Fee 3rd Party HSA Accounts Exist?
Replies: 10
Views: 1447

Re: Do Low Fee 3rd Party HSA Accounts Exist?

Thanks for the advise so far guys. After digging through the reference information you've provided I have a hunch that for the studious investor, the best fee scenario you can obtain in the HSA industry is worse than the best fee scenario you can obtain in your 401k/IRA/taxable accounts. For example...
by PrettyCoolWorkshop
Fri Jun 09, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Do Low Fee 3rd Party HSA Accounts Exist?
Replies: 10
Views: 1447

Do Low Fee 3rd Party HSA Accounts Exist?

Howdy Bogleheads.I have some questions regarding HSA accounts. I currently have two HSA accounts- one through my current employer, and one from my previous employer. I have built up ~$3000 in cash in the account at the current employer, but I have been hesitant to invest this money, because there is...
by PrettyCoolWorkshop
Wed May 03, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance- Gaps a good idea?
Replies: 8
Views: 1058

Re: Auto Insurance- Gaps a good idea?

Something doeosn't make sense here: First, you said: ... so the insurance premiums are around $150 per month for basic liability ($30,000/$60,000 per NC minimum). Now you wrote: I also just got done purchasing insurance from Nationwide for $100.53 per month with $100k bodily injury/ $300k max per a...
by PrettyCoolWorkshop
Tue May 02, 2017 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance- Gaps a good idea?
Replies: 8
Views: 1058

Re: Auto Insurance- Gaps a good idea?

Does your girlfriend live with you? If so, I believe dropping her coverage would mean that she wouldn't be able to drive any of your cars even occasionally (let's say driving you back from a bar) as my understanding is that any driver that lives at the same address needs to be a named insured. I al...
by PrettyCoolWorkshop
Tue May 02, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance- Gaps a good idea?
Replies: 8
Views: 1058

Re: Auto Insurance- Gaps a good idea?

Your whole plan is VERY RISKY. I am 27 in North Carolina and getting auto insurance for the first time (moving off of my parents' plan). I have a 1998 Honda Accord, and I also bought a 2008 kia rio this week. I bought the kia for my girlfriend to be able to commute to her paid summer internship (Co...
by PrettyCoolWorkshop
Tue May 02, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance- Gaps a good idea?
Replies: 8
Views: 1058

Auto Insurance- Gaps a good idea?

Hello Bogleheads, I have some auto insurance questions! I am 27 in North Carolina and getting auto insurance for the first time (moving off of my parents' plan). I have a 1998 Honda Accord, and I also bought a 2008 kia rio this week. I bought the kia for my girlfriend to be able to commute to her pa...
by PrettyCoolWorkshop
Thu Mar 30, 2017 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Question: Dividing Rental Rooms in Primary Residence for Taxes
Replies: 2
Views: 358

Question: Dividing Rental Rooms in Primary Residence for Taxes

A question for those of us that really enjoy untwisting tax puzzles :D This specific puzzle is: how much of my home can I depreciate, given the fact that I am renting out rooms in my primary residence? I purchased a 3 bedroom townhouse in 2016 and began renting out 2 of the bedrooms, and living in t...
by PrettyCoolWorkshop
Tue Dec 20, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Is it optimal for me to use an alternative HSA provider?
Replies: 3
Views: 381

Is it optimal for me to use an alternative HSA provider?

I recently got a new job, and with it, of course, comes the confuse-ocracy of new HSA and 401k accounts. The 401k looks like a fairly decent low-fee provider (T. Rowe Price), but after starting to dig into the details of the HSA they make me irritated. I want to use my HSA as a stealth retirement ac...
by PrettyCoolWorkshop
Tue Aug 23, 2016 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Re: Advice for First Time Homebuyer

I would not depend on rent for a primary home. Perhaps you might decide to do it in the future, but that would be when you can afford not to do it if you choose not to. You and GF will have enough adjusting to do, even without two extra persons in your home full time. I think part of my question th...
by PrettyCoolWorkshop
Mon Aug 22, 2016 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Re: Advice for First Time Homebuyer

Thanks for all the replies, I hope they continue. I've confirmed that the HOA does allow room rentals, their only stipulation is that the leases must be at least 12 months. Talking with the HOA manager he admitted this rule is not enforced, but I would use 12 month leases anyway (they do make a lot ...
by PrettyCoolWorkshop
Mon Aug 22, 2016 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Re: Advice for First Time Homebuyer

HomoLudens wrote:I have a question for the OP: Does the HOA allow for renting out separate rooms in the townhouse? Some HOA impose restrictions in their bylaws so it's a good idea to check in advance. Checking the flood map is also a good idea.
Excellent question about the HOA- I will have to check.
by PrettyCoolWorkshop
Mon Aug 22, 2016 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Re: Advice for First Time Homebuyer

I would say, Wait until you have settled into your job a few years, your girlfriend has a job, and you get married or maybe even wait till you have a child. I would not depend on rent for a primary home. Perhaps you might decide to do it in the future, but that would be when you can afford not to d...
by PrettyCoolWorkshop
Mon Aug 22, 2016 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Re: Advice for First Time Homebuyer

furikake wrote:And the extra utilities you will pay for for the additional 3 people...
Except for my girlfriend, who I'll be supporting (for food + essentials, her parents are covering education costs) everyone will pay their share (1/4) of utilities.
by PrettyCoolWorkshop
Mon Aug 22, 2016 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for First Time Homebuyer
Replies: 17
Views: 1780

Advice for First Time Homebuyer

Hey guys, I'm here to seek feedback regarding me potentially purchasing a home, at the same time as I'm moving to a new job. I graduated college in December 2012 at age 22 with $30k saved up, I was already an agressive saver from summer jobs as a teenager and engineering internships (gratefully my p...
by PrettyCoolWorkshop
Tue Aug 18, 2015 9:32 pm
Forum: Investing - Theory, News & General
Topic: XIV - Bogleheads Approved "Risk Premium" Investing?
Replies: 42
Views: 4165

Re: XIV - Bogleheads Approved "Risk Premium" Investing?

If it is not worth it to go long on XIV, because of the risks associated when large market swings occur, I have a related question-

Is it a good idea to maintain a short position in VXX, which behaves in an opposite manner to XIV? Right now I do this already, with about 3-4% of my portfolio.
by PrettyCoolWorkshop
Tue Aug 11, 2015 8:53 pm
Forum: Investing - Theory, News & General
Topic: Inverse ETFs
Replies: 44
Views: 3948

Re: Inverse ETFs

As others have said, going for an inverse ETF is a bad idea. I propose that there may be a decent argument for owning a short position in certain inversely-correlated ETF's. For example, the fund VXX suffers heavy losses over time due to the cost of rolling the volatility futures contracts it holds ...