Search found 64 matches

by alloykat
Tue May 09, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: all cash vs. HELOC vs mortgage
Replies: 7
Views: 861

Re: all cash vs. HELOC vs mortgage

Thanks everyone. I think I will look into a home equity loan with no prepayment penalty.
by alloykat
Mon May 08, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: all cash vs. HELOC vs mortgage
Replies: 7
Views: 861

all cash vs. HELOC vs mortgage

Hi All, We are able to buy a home entirely in cash but will be left with minimal funds for some home modifications we would like to make ( like adding solar panels---due the closure of a nuclear power plant, electricity is very expensive where we are moving). How would you handle this assuming you w...
by alloykat
Thu Apr 27, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 37556

Re: Larry Swedroe says "Goodby."

Thanks for all your wisdom.
by alloykat
Mon Apr 24, 2017 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1504

Re: understanding TIAA-CREF

And to answer your question #1, withdrawing your TIAA accumulation in a lump sum at retirement would generally be a terrible idea due to our progressive tax laws... But once out of TIAA, the person eventually faces the question of how best to create a good retirement cash flow stream. Having elimin...
by alloykat
Mon Apr 24, 2017 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1504

Re: understanding TIAA-CREF

The Wizard wrote:And to answer your question #1, withdrawing your TIAA accumulation in a lump sum at retirement would generally be a terrible idea due to our progressive tax laws...

Thanks for your reply.

So basically, one is better rolling it over to an IRA incrementally correct?
by alloykat
Mon Apr 24, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1504

Re: understanding TIAA-CREF

TIAA is just a company. There are different type of accounts that may be held in TIAA, and your friend would need to know the specific type of account and the employer rules for the plan. Therefore, answers to questions 1-3 depend on employer rules for the plan correct? If this is a 457b TIAA CREF ...
by alloykat
Mon Apr 24, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1504

understanding TIAA-CREF

TIAA-CREF: Asking for a friend. Seems analogous in some ways to social security from my reading. My questions are: 1. Is it university specific whether it can be withdrawn as a lump sum or installments at retirement? 2. Can it be rolled over to a Vanguard IRA? 3. Can this be managed independently up...
by alloykat
Sun Apr 09, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: easy access, high interest account
Replies: 8
Views: 904

Re: easy access, high interest account

Perhaps I am analyzing the funds incorrectly. Should I be looking at the SEC yield or command yield to figure out the best Vanguard fund? I was looking at the one year return because the money will be in the fund less than a year and that is where I got the 0.38%. Thanks.
by alloykat
Sat Apr 08, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: easy access, high interest account
Replies: 8
Views: 904

Re: easy access, high interest account

Ok. Makes sense. Thanks.
by alloykat
Sat Apr 08, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: easy access, high interest account
Replies: 8
Views: 904

easy access, high interest account

We are selling our home in CA and in the process of looking for a new place in CA. We will stay in either a short term rental or AirBnb while in escrow on our new home/looking for the new home. Where can I temporarily park the gains from my current home sale so as to accrue some interest? The gains ...
by alloykat
Tue Apr 04, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 25048

Re: Low-earners- What is your profession?

I think high earner can be a bit misleading. My accountant does a lot of taxes for doctors and while they make 6 figures, they also have a ton of educational debt. I have heard of a doctor couple who has 1.2 million in student loan debt. Thus, salary is only part of the equation and salary alone wil...
by alloykat
Thu Mar 23, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: home buying negotiation tips
Replies: 10
Views: 1248

home buying negotiation tips

I know when purchasing a home the buyer is always at a disadvantage because the goal is to get the highest price for the commission benefit to all realtors and the seller. In addition to the ones below, does anyone have any ideas or suggestions for tips to assist the buyer in negotiating the price d...
by alloykat
Thu Mar 16, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Purchase and Sale of home: pearls of advice
Replies: 29
Views: 2642

Purchase and Sale of home: pearls of advice

Homeowners: What is something you learned buying or selling a home that you wish you had known before beginning the process? Specifically, did you learn any negotiation tactics, pricing or listing tips, contingency pitfalls, packaging/storing tips, escrow/inspection words of wisdom etc?
by alloykat
Thu Mar 16, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: selling home/lease back/long escrow
Replies: 14
Views: 701

Re: selling home/lease back/long escrow

Are you against buying your new home first and moving into it before you sell your existing home? I did this twice in my life and it worked well both times. I bought a new home and took 2 months or so to paint it and have it re-carpeted and so forth before we moved in. Then we moved part of our fur...
by alloykat
Thu Mar 16, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: selling home/lease back/long escrow
Replies: 14
Views: 701

Re: selling home/lease back/long escrow

If the market is frothy, I'd say either sell now and move out in a reasonable time both can agree upon, or wait until you have your rental and are ready to actually sell to list. If you sell now, but try to close in 4-6 months, what happens if prices move dramatically in that time frame? Why sell f...
by alloykat
Thu Mar 16, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: selling home/lease back/long escrow
Replies: 14
Views: 701

Re: selling home/lease back/long escrow

I am willing to move out ASAP if I get asking price. In the event that I do not, how can I structure the agreement to better serve my purposes is my question?
by alloykat
Thu Mar 16, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: selling home/lease back/long escrow
Replies: 14
Views: 701

selling home/lease back/long escrow

We are planning on listing our home next month. Our realtor wants to list at 1.695 and is confident he will get the asking price. Since we have a lot of equity in our home, we are looking to sell our home in the city and buy another home in the suburbs entirely in cash or with a very small mortgage ...
by alloykat
Sun Mar 12, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 218
Views: 19490

gratuitous homeownership items

Homeowners: Is there anything that you thought would be an asset when you bought your home and later found it to be gratuitous? For example, my husband wanted a pool. After 8 years, I find it to be a waste given the amount of $$ in water charges to maintain the water level, the fact that he uses it ...
by alloykat
Sun Feb 19, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: capital gains on sale of home
Replies: 6
Views: 629

Re: capital gains on sale of home

Thanks!
by alloykat
Sun Feb 19, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: capital gains on sale of home
Replies: 6
Views: 629

capital gains on sale of home

This is a hypothetical so I can figure out how the numbers work. I am trying to figure out what I would pay in capital gains on the sale of my primary residence in CA that I purchased in 2009 for 1 million. My husband and I are both 40 years old and this was our first home. If we sell for 1.7 millio...
by alloykat
Tue Feb 07, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: IRA transfer
Replies: 7
Views: 508

Re: IRA transfer

Thanks everyone!
by alloykat
Tue Feb 07, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: Buying before distribution
Replies: 4
Views: 453

Buying before distribution

I know it does not matter if you sell a fund prior to a distribution but one should NOT buy a fund prior to a distribution. Exactly, what time frame (days/weeks) prior to a distribution is it unwise to buy a fund?
by alloykat
Fri Feb 03, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: IRA transfer
Replies: 7
Views: 508

Re: IRA transfer

[quote][/quote]Is she living off this IRA, or just investing for heirs and charitable causes? How do the funds fit into the rest of her portfolio? Does she need any growth, or is it providing for her needs? What is her risk tolerance? I was saving this for a post when the funds finally transferred. ...
by alloykat
Fri Feb 03, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: IRA transfer
Replies: 7
Views: 508

Re: IRA transfer

So you don't think it matters that she will be out of the market during transfer? I was thinking to keep most of the money invested in the Wellesley fund VWIAX after transfer. Given that scenario, would you do the same thing or just cut a check?
by alloykat
Fri Feb 03, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: IRA transfer
Replies: 7
Views: 508

IRA transfer

Hi, My mom age 68 who lives in MA has a small IRA with a financial advisor that she would like to transfer to Vanguard. The IRA has 12 non-Vanguard funds with very high expense ratios that would cost $35 each to sell if sold once the money has been moved to Vanguard. Therefore, the plan is to sell t...
by alloykat
Wed Jan 11, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: 1035 Exchange
Replies: 0
Views: 227

1035 Exchange

We are replacing my husband's whole life insurance policy with a term insurance policy. The application asks whether this will be an IRS 1035 Exchange. The agent answered "no." I am still waiting to hear from my accountant and thought I would ask this wise forum. I am unclear whether this ...
by alloykat
Sat Jan 07, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: cancelling whole life policy
Replies: 3
Views: 483

Re: cancelling whole life policy

Thanks! I wanted to make sure I wasn't dos g something that would make it more challenging or impossible to cancel.
by alloykat
Sat Jan 07, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: cancelling whole life policy
Replies: 3
Views: 483

cancelling whole life policy

Hi My husband has a whole life insurance policy that can now be surrendered/cancelled without penalty. He received approval for a 15 term life policy with Principal which we want to activate prior to cancelling the whole life policy with TransAmerica. The application for the term life with Principal...
by alloykat
Thu Jan 05, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Am I wasting time with additional funds
Replies: 30
Views: 2490

Re: Am I wasting time with additional funds

Is there any chart/graph/data analysis that proves that someone who has the 3 fund portfolio outperforms someone who has more funds given the same asset allocation (international vs. domestic vs bonds) and the use of all Vanguard index funds? What about comparison of the 3 fund portfolio versus a mi...
by alloykat
Thu Jan 05, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax payments on long term cap gain, with half of last years income
Replies: 8
Views: 684

Re: Estimated tax payments on long term cap gain, with half of last years income

15% federal LTG and what is the state LTG rate. For me in CA, it is 15% federal and 9.3% state so I set aside about 25% minimum. You can pay all gains at once when you file your taxes I believe.
by alloykat
Tue Jan 03, 2017 7:57 pm
Forum: Investing - Theory, News & General
Topic: tax rationale for Roth vs. taxable
Replies: 7
Views: 820

Re: tax rationale for Roth vs. taxable

No, the original money you put in is not taxed again, only the increase in value. Exactly. You put after tax money into a Roth and don't have to pay on the gains (pay taxes once on original contribution). You put after tax money in a taxable and pay taxes on the gains ( pay taxes twice--on original...
by alloykat
Sun Jan 01, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: What are your portfolio/investments?
Replies: 38
Views: 2852

Re: What are your portfolio/investments?

These are my assets alone independent of my husband. We keep our finances separate. Emergency Fund: 6 months worth in checking account Debt: only 650K mortgage at interest rate of 3.75% Tax Filing Status: Married filing Jointly Tax rate: 33% Federal 9.3% CA state State of residence : CA Age 40 Desir...
by alloykat
Thu Dec 29, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Accountant
Replies: 13
Views: 785

Re: Accountant

As example I have had tax preparers point out deductions that might have been missed. I have hired a tax accountant to plan a best strategy for unwinding some positions as a multi-year plan. It was not cheap, but it was worth it. I think if I had the same problem again today I could do it myself wi...
by alloykat
Wed Dec 28, 2016 9:16 pm
Forum: Investing - Theory, News & General
Topic: tax rationale for Roth vs. taxable
Replies: 7
Views: 820

Re: tax rationale for Roth vs. taxable

[quote="livesoft"]The folks who make the laws are wealthy and don't want to take tax breaks away from themselves. That's what I think the rationale is. I would think that having to pay capital gains in taxable account is not a tax break. Some actually consider it double taxation because it...
by alloykat
Wed Dec 28, 2016 4:38 pm
Forum: Investing - Theory, News & General
Topic: tax rationale for Roth vs. taxable
Replies: 7
Views: 820

tax rationale for Roth vs. taxable

If contributions to a Roth IRA and investing in a taxable account are both using post-tax dollars, what is the rationale for not having to pay taxes on the gains of the Roth but having to pay capital gains on the growth in a taxable account? If the premise that if you have enough money to open a tax...
by alloykat
Tue Dec 27, 2016 9:15 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging
Replies: 17
Views: 1595

Re: Dollar Cost Averaging

livesoft wrote:^I don't find it bizarre. Those FAs may know what it takes to retain clients. :)


HAHA!!

That Vanguard link is great! I agree.
by alloykat
Tue Dec 27, 2016 3:44 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging
Replies: 17
Views: 1595

Re: Dollar Cost Averaging

I am most certainly not risk averse. I know a few FAs who when given a lump sum of money will put it into a Money Market fund and slowly put it into the market or sometimes just leave it in the Money Market indefinitely. This did not make any sense to me because I don't think people expect a FA to k...
by alloykat
Tue Dec 27, 2016 1:34 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging
Replies: 17
Views: 1595

Re: Dollar Cost Averaging

Funny thing is I called Vanguard Flagship this morning and asked this question and the rep on the line was not sure. I wish she had just directed me to the Vanguard article.
by alloykat
Tue Dec 27, 2016 1:32 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging
Replies: 17
Views: 1595

Re: Dollar Cost Averaging

Thanks. I read the threads. T
by alloykat
Tue Dec 27, 2016 10:19 am
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging
Replies: 17
Views: 1595

Dollar Cost Averaging

If you have 100K to invest, would you invest all at once, in 10K increments daily or in 10K increments monthly to fully capitalize on the concept of dollar cost averaging? At what point does holding onto cash just to achieve dollar cost averaging detrimental because your money is not invested in the...
by alloykat
Tue Dec 27, 2016 9:25 am
Forum: Investing - Help with Personal Investments
Topic: wash sale or not?
Replies: 7
Views: 701

Re: wash sale or not?

Thanks again!
by alloykat
Mon Dec 26, 2016 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale or not?
Replies: 7
Views: 701

Re: wash sale or not?

Thanks for the clarification on CUSIP numbers. So basically one could sell VTSAX (Vanguard Total Stock Market) in a taxable account at Vanguard at a loss today and buy FSTMX (Fidelity Total Market) in another taxable account at Fidelity the following day and possibly not trigger a wash sale because ...
by alloykat
Mon Dec 26, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale or not?
Replies: 7
Views: 701

Re: wash sale or not?

I do not believe this is an index fund. Thanks for your help. I was researching CUSIp numbers to try and figure out about wash sale triggers.
by alloykat
Mon Dec 26, 2016 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale or not?
Replies: 7
Views: 701

wash sale or not?

I manage my own investments at Vanguard after relieving my FA of his services. On 11/23, I sold VGSLX ( Vanguard REIT) from my taxable account (with a short term loss of $600) where my FA held it so that I could purchase it in my IRA. The trade settled on 11/25. 1. If I repurchase the VGSLX tomorrow...
by alloykat
Tue Dec 13, 2016 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: TWHIX [American Century Heritage]
Replies: 11
Views: 1236

Re: TWHIX [American Century Heritage]

One point if clarification though:

If you take the 20K distribution in cash, then the capital gains are reduced. However, if you reinvest the 20K and then sell the entire fund a week later, that 20K will be taxed as short term gains correct?
by alloykat
Tue Dec 13, 2016 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: TWHIX [American Century Heritage]
Replies: 11
Views: 1236

Re: TWHIX [American Century Heritage]

Makes sense. Thanks!
by alloykat
Tue Dec 13, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: TWHIX [American Century Heritage]
Replies: 11
Views: 1236

Re: TWHIX [American Century Heritage]

This fund is set to make about 20K in distributions on 12/23 which I elected not to reinvest due to my desire to sell the fund. I am in the 33% tax bracket but will drop to the 28% this year due to maternity leave despite all the capital gains I have incurred this year. However, if I sell this fund ...
by alloykat
Tue Dec 13, 2016 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: traditional IRA fund advice
Replies: 8
Views: 1082

Re: traditional IRA fund advice

Thanks! I will use Morningstar as I have been using Vanguard instead. I do want to weight small and mid cap more heavily. Thanks.
by alloykat
Sun Dec 11, 2016 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: traditional IRA fund advice
Replies: 8
Views: 1082

Re: traditional IRA fund advice

Thank you Grabiner for your detailed response. As for the taxable account, I like having the small cap and mid cap index funds for diversification. The value index was a purchase years ago when I was clueless but I see no reason to sell it. Once I sell TWHIX and VQNPX, I was thinking to invest most ...
by alloykat
Sun Dec 11, 2016 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: traditional IRA fund advice
Replies: 8
Views: 1082

Re: traditional IRA fund advice

I have edited my original post according to the site posting rules. I apologize for not doing so initially. I am new to this forum and I should have been more diligent about reading the rules. :oops:

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