Search found 18 matches

by PrettyCoolWorkshop
Thu Aug 10, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account
Replies: 37
Views: 3629

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: 6892

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: 930

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: 930

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: 921

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: 921

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: 921

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: 921

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: 305

Question: Dividing Rental Rooms in Primary Residence for Taxes

A question for those of us that really enjoy untwisting tax puzzles 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 the ...
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: 321

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: 16
Views: 1450

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: 16
Views: 1450

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: 16
Views: 1450

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: 16
Views: 1450

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: 16
Views: 1450

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: 16
Views: 1450

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: 3795

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: 3751

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 ...