Search found 186 matches

by Xanadu
Tue Apr 26, 2016 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: I-bonds versus mortgage.
Replies: 11
Views: 1594

Re: I-bonds versus mortgage.

If your I bond contributions are counted toward your overall AA, the correct comparison would be the expected rate of return of your portfolio vs your mortgage interest rate. Although the the mortgage rate is guaranteed while the portfolio return is not. Personally, I contribute 10k per year to ibon...
by Xanadu
Sat Mar 05, 2016 10:14 am
Forum: Personal Finance (Not Investing)
Topic: How much fed tax do you withhold?
Replies: 22
Views: 1893

Re: How much fed tax do you withhold?

I'm surprised to see so many that try to not owe anything at the end of the year. I would not expect so many Bogleheads to turn down an interest-free loan!
by Xanadu
Fri Mar 04, 2016 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much fed tax do you withhold?
Replies: 22
Views: 1893

Re: How much fed tax do you withhold?

I'm thinking 95% is a good target. That way you don't run the risk of owing penalties and you still get a free loan from the government.
by Xanadu
Fri Mar 04, 2016 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much fed tax do you withhold?
Replies: 22
Views: 1893

How much fed tax do you withhold?

How much fed tax do you target to withhold from your salary in a given year, as a percentage of Total fed tax due that year?
by Xanadu
Wed Mar 02, 2016 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating Home Equity
Replies: 23
Views: 1471

Re: Calculating Home Equity

I look up the market price from Zillow.com and then subtract my principal mortgage amount.

You could also use the tax assessment value to use as the price and subtract the principal from that.
by Xanadu
Mon Feb 15, 2016 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: SS and Medicare taxes owed
Replies: 16
Views: 1535

Re: SS and Medicare taxes owed

Ok thanks, now that makes sense. So then if SS and Medicare tax is tied only to my wages, then does that mean that I will no longer have to pay once I retire? Not necessarily. If you end up with stock options or other deferred income you will pay those taxes when you realize the income, even if you...
by Xanadu
Fri Feb 12, 2016 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: SS and Medicare taxes owed
Replies: 16
Views: 1535

Re: SS and Medicare taxes owed

Ok thanks, now that makes sense.

So then if SS and Medicare tax is tied only to my wages, then does that mean that I will no longer have to pay once I retire?
by Xanadu
Fri Feb 12, 2016 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: SS and Medicare taxes owed
Replies: 16
Views: 1535

Re: SS and Medicare taxes owed

Yea you're right, I meant boxes 4 and 6.

No I don't think I overpaid, I'd just like to know to get a better understanding of where all my money goes (i.e. How much to savings, how much to the government, etc.)

Thanks!
by Xanadu
Fri Feb 12, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: SS and Medicare taxes owed
Replies: 16
Views: 1535

SS and Medicare taxes owed

How do I determine how much total SS and Medicare tax I owe for the tax year?

Form 1040 seems to only calculate Federal income tax owed (line 63). Is it as simple as adding boxes 4 and 5 on our W2s to determine SS and Medicare owed? Or are there additional adjustments/deductions to consider?

Thanks!
by Xanadu
Sat Feb 06, 2016 9:56 pm
Forum: Investing - Theory, News & General
Topic: XIRR advanced functions with multiple years
Replies: 6
Views: 886

Re: XIRR advanced functions with multiple years

#Cruncher - thanks for the help! I was not able to get the offset formulas to work correctly, but the address functions did the trick. Although I did have to tweak it a bit, instead of subtracting 1 from the start and end rows, I had to subtract 2 to make it work correctly. I am using excel for mac,...
by Xanadu
Sun Jan 10, 2016 3:44 pm
Forum: Investing - Theory, News & General
Topic: XIRR advanced functions with multiple years
Replies: 6
Views: 886

XIRR advanced functions with multiple years

I was wondering if anyone had any helpful tips on how to write formulas to calculate multi-year returns using XIRR in excel. For example I have all my transactions and and dates spanning over a multi-year period in single columns. I then have a summary returns table that displays the return for each...
by Xanadu
Sun Jun 07, 2015 9:58 am
Forum: Investing - Help with Personal Investments
Topic: I Bond purchase vs issue date
Replies: 3
Views: 696

Re: I Bond purchase vs issue date

My guess is that it would count towards 2015.
by Xanadu
Sun May 17, 2015 10:22 am
Forum: Investing - Theory, News & General
Topic: new i-bond rate?
Replies: 28
Views: 5701

Re: new i-bond rate?

That's true as long as you were not planning on on maxing out the $10k limit per year and you have factored in the 3 months of interest penalty for early withdrawal.
by Xanadu
Sun May 17, 2015 10:07 am
Forum: Investing - Theory, News & General
Topic: new i-bond rate?
Replies: 28
Views: 5701

Re: new i-bond rate?

I just checked my bond holdings at TD. I-Bonds I purchased last year in May are already earning nothing 0.00%. Does this make sense? So I would be best cashing these out in early August, correct? No, I think that's just because inflation is negative for the time being. Wait another six months to se...
by Xanadu
Wed Feb 18, 2015 9:49 pm
Forum: Investing - Theory, News & General
Topic: Composition of world equity markets 1899 v 2014
Replies: 6
Views: 838

Re: Composition of world equity markets 1899 v 2014

Image

Dang, I guess stemikger was right all along :P
by Xanadu
Wed Feb 18, 2015 7:56 pm
Forum: Investing - Theory, News & General
Topic: Multiple asset classes for Tax Loss Harvest purposes?
Replies: 6
Views: 575

Re: Multiple asset classes for Tax Loss Harvest purposes?

livesoft wrote:For instance, last year I sold VWO (emerging market index) in a tax-advantaged account and then bought it in a taxable account. VWO dropped after that, so I TLH'd it. If I had left it in tax-advantaged I would not have been able to tax-loss harvest it.


How'd ya know it was gonna drop?
by Xanadu
Thu Dec 04, 2014 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Miscellaneous 401k fees
Replies: 15
Views: 1629

Re: Miscellaneous 401k fees

Shouldn't they have to disclose what specifically that money is used for and how it is allocated? They are not legally required to itemize it on your statement with payees and purposes. They already said it's allocated equally to every account. There's a summary annual report at the plan level. I c...
by Xanadu
Thu Dec 04, 2014 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Miscellaneous 401k fees
Replies: 15
Views: 1629

Re: Miscellaneous 401k fees

what company? It is a utility company. I will leave it at that. Or did you mean the company that services my 401k? In that case, it was JP Morgan, but they just sold there financial services division to Great-West Financial effective Aug 30th. Perhaps that has something to do with the extra fees?
by Xanadu
Thu Dec 04, 2014 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Miscellaneous 401k fees
Replies: 15
Views: 1629

Re: Miscellaneous 401k fees

macheta wrote:what company?


It is a utility company. I will leave it at that.
by Xanadu
Thu Dec 04, 2014 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Miscellaneous 401k fees
Replies: 15
Views: 1629

Re: Miscellaneous 401k fees

It's probably a TPA, recordkeeper or advisor fee. Is it taken on a consistent basis, such as quarterly? It's a common practice in the industry. No, these are not quarterly. There is a different quarterly fee which is also described in the fee disclosure document: "The Plan divides total record...
by Xanadu
Wed Dec 03, 2014 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Miscellaneous 401k fees
Replies: 15
Views: 1629

Miscellaneous 401k fees

I was just reviewing my 401(k) transaction history and noticed $102 in extra fees spread out at random dates throughout the year. The descriptions simply say "Fees - Other". I was scratching my head trying to figure this out, and then noticed this paragraph in this fee notice disclosure: &...
by Xanadu
Wed Mar 12, 2014 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Property Tax issue
Replies: 6
Views: 644

Re: Turbotax Property Tax issue

Thanks for pointing me in the right direction. Funny how you spend an hour on the phone with a "tax expert" and don't get a resolution, but the Bogleheads figured it out for me in 15 minutes. :beer p.s. I never did get a call back today from them like they said I would. :twisted: oh well, ...
by Xanadu
Wed Mar 12, 2014 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Property Tax issue
Replies: 6
Views: 644

Re: Turbotax Property Tax issue

I'm thinkin' its probably related to the AMT. Turbo Tax states in the common questions section: "In calculating the AMT, you cannot take itemized deductions for state and local income tax, real estate taxes and personal property taxes, even though these are deductible on your regular return.&qu...
by Xanadu
Tue Mar 11, 2014 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Property Tax issue
Replies: 6
Views: 644

Re: Turbotax Property Tax issue

Yes we are subject to The AMT. And, yea pretty sure the itemized deductions are greater than the standard deduction. Too tired right now to troubleshoot this anymore tonight, but will take a look at the AMT and standard deduction tomorrow. Also supposed to get a call back from a TT specialist. Thank...
by Xanadu
Tue Mar 11, 2014 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Property Tax issue
Replies: 6
Views: 644

Turbotax Property Tax issue

Doing my taxes, and put $4,266.74 paid in real estate taxes on turbotax. It adjusted my state tax refund, but did nothing to my federal. I tried all kinds of different numbers, but didn't make a lick of difference. Am I correct that any real estate (property) tax paid during the tax year should be t...
by Xanadu
Mon Feb 10, 2014 9:54 am
Forum: Investing - Help with Personal Investments
Topic: 529 as part of AA question
Replies: 19
Views: 1198

Re: 529 as part of AA question

This is a poll I created some time ago. http://www.bogleheads.org/forum/viewtopic.php?f=1&t=102318 I ended up including as my overall portfolio. Reasons include: 1) easier to manage 1 portfolio vs 2 2) allows me to keep a lower expense ratio overall due to limited fund options in other retiremen...
by Xanadu
Tue Jan 14, 2014 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: PIMCO Total Return Fund has negative cash??
Replies: 3
Views: 850

PIMCO Total Return Fund has negative cash??

One of my old 401Ks just switched my bond fund to PIMCO Total Return Inst Fund (PTTRX). I was reviewing the fund information in my 401k plan, and it shows that the fund's composition consists of -71.89% cash. Whats up with that? Does that mean they're borrowing money to buy bonds?? Not really sure w...
by Xanadu
Sun Dec 22, 2013 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bad Time to Jump In?
Replies: 37
Views: 3839

Re: Bad Time to Jump In?

In your situation, I would go with a tIRA, then convert to a Roth. (Try searching for "backdoor Roth", and you will see why)
by Xanadu
Tue Nov 12, 2013 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Do you have a warchest for a correction?
Replies: 30
Views: 3075

Re: Do you have a warchest for a correction?

Noobvestor wrote:I suppose I could sell my kidney on the black market if the stock market drops 90% ...


How do you know that kidney prices aren't highly correlated with the stock market? Your kidney may plunge in value as well!
by Xanadu
Mon Nov 11, 2013 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have a warchest for a correction?
Replies: 30
Views: 3075

Re: Do you have a warchest for a correction?

If by warchest you mean a portion of my AA set aside for bonds, then yes I do have a warchest :happy
by Xanadu
Tue Oct 22, 2013 9:04 am
Forum: Investing - Theory, News & General
Topic: Shiller PE10 nearing nosebleed territory?
Replies: 322
Views: 38273

Re: Shiller PE10 nearing nosebleed territory?

Shiller PE just broke 25! Sell! Sell! Sell!

Just kidding. Stay the course. :happy
by Xanadu
Tue Oct 08, 2013 3:45 pm
Forum: Investing - Theory, News & General
Topic: Series EE Savings Bonds Rates
Replies: 6
Views: 1154

Re: Series EE Savings Bonds Rates

Mel Lindauer wrote:As for the I Bond rate, which is also announced on May 1st and Nov. 1st, only the inflation adjustment portion of the composite rate can be figured out in advance...


Has anyone figured out what the new inflation adjustment portion will be yet?
by Xanadu
Sat Aug 31, 2013 4:25 pm
Forum: Investing - Theory, News & General
Topic: Is it this easy: Stocks are safe, bonds are risky?
Replies: 59
Views: 3996

Re: Is it this easy: Stocks are safe, bonds are risky?

nisiprius wrote:b) Flip a coin. If it comes up tails, you must give him the whole $100,000. If it comes up tails he gives you $101,000.


And what if it comes up heads?
by Xanadu
Mon Jul 08, 2013 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't get company match on last pay check
Replies: 9
Views: 1329

Re: Didn't get company match on last pay check

Yes, it was. I decided to treat myself to a 3 day weekend before starting my new job the following Monday. I'll check with Payroll. Thanks!
by Xanadu
Mon Jul 08, 2013 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't get company match on last pay check
Replies: 9
Views: 1329

Re: Didn't get company match on last pay check

I worked 9 out of 10 business days
by Xanadu
Mon Jul 08, 2013 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't get company match on last pay check
Replies: 9
Views: 1329

Didn't get company match on last pay check

I recently changed jobs and was just reviewing my final pay stub from my former company. I noticed that my reoccurring 401k contribution was not deducted from my income, and therefore I missed out on my normal 4% company match on that last pay period. Is this standard protocol? Should I confront the...
by Xanadu
Fri Jul 05, 2013 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Putting the rest into stocks?
Replies: 16
Views: 1344

Re: Putting the rest into stocks?

Do stock prices generally stay flat in the summer and go up in the fall? Is this a serious question? Newb, you should know that B-Heads don't believe in market timing. If I remember correctly from your previous posts, your target AA is 100% stock right? If so, then invest your money as such! Your p...
by Xanadu
Mon Jul 01, 2013 7:44 pm
Forum: Personal Consumer Issues
Topic: How do you say thanks from a distance?
Replies: 17
Views: 1368

Re: How do you say thanks from a distance?

I second Harry and David. Their fruit is bomb diggity.
by Xanadu
Thu Jun 06, 2013 11:06 pm
Forum: Personal Consumer Issues
Topic: Free Cars for Life [POLL]
Replies: 77
Views: 5214

Re: Free Cars for Life [POLL]

Well for starters, 12% market return is overly optimistic
by Xanadu
Fri May 17, 2013 5:43 pm
Forum: Investing - Theory, News & General
Topic: Will 1,666 be the high?
Replies: 31
Views: 3663

Re: Will 1,666 be the high?

MnD wrote:That's it........
I'm moving everything into 50:50 Emerging Market Bond and Powerball tickets.


Not diversified enough in my opinion. I'd do at least 1/3 bit coins as well :P
by Xanadu
Wed May 08, 2013 6:24 pm
Forum: Investing - Theory, News & General
Topic: Do you adjust your AA based on valuations?
Replies: 94
Views: 6908

Re: Do you adjust your AA based on valuations?

I thought I remembered reading on here that Mr. Bogle himself adjusted his AA back when PE valuations were at a ridiculously high level, no?
by Xanadu
Fri May 03, 2013 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Afraid to put money back into market. Help
Replies: 35
Views: 3190

Re: Afraid to put money back into market. Help

Thanks for the quick response and the advice. DCA is exactly how the money got invested in the 1st place! I forgot about that. I like to use the following funds in my IRA: VOO VO VB VEU VSS VNQ VNQI EDV GLD Commodity or single country ETF 10% in each. Does this asset allocation seem crazy? You migh...
by Xanadu
Fri Apr 05, 2013 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Fund or Total International Fund?
Replies: 41
Views: 3891

Re: Total Stock Market Fund or Total International Fund?

If it were me I would throw it all at total international. But that's only because my target asset allocation calls for 50% international, and given that If I had to pick between the two funds and I believe that international stocks are priced better than u.s., then total international it is. Howeve...
by Xanadu
Wed Apr 03, 2013 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Fund or Total International Fund?
Replies: 41
Views: 3891

Re: Total Stock Market Fund or Total International Fund?

However right now international is on sale. If I buy international today, can I transfer it (staying within my Roth Account) to US Stock Index Fund at a later date for free, or is there a charge to switch funds like that? No fee if you are using vanguard funds within vanguard, but there will be a b...
by Xanadu
Wed Apr 03, 2013 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Fund or Total International Fund?
Replies: 41
Views: 3891

Re: Total Stock Market Fund or Total International Fund?

I'd suggest VTWSX or the ETF version (VT). The ETF version has lower fees. It's a market-cap-weighted combination of the two you mentioned. I am new to investing, can you tell me a little about the difference between these two please and what is an ETF, is there a reason it has a lower expense rati...
by Xanadu
Wed Apr 03, 2013 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Fund or Total International Fund?
Replies: 41
Views: 3891

Re: Total Stock Market Fund or Total International Fund?

I personally would start with international and then add US - only because US has done so well compared to international over the past 3 months. And to this point you mean the international can be purchased at a lower price as of today? Yes, I believe international stocks are right now priced cheap...

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