Search found 3119 matches

by aristotelian
Mon Dec 11, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: High yield savings account
Replies: 8
Views: 520

Re: High yield savings account

Treasury Direct Series I Bonds.
by aristotelian
Mon Dec 11, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Selling an active fund to go into index funds and the ACA
Replies: 2
Views: 257

Re: Selling an active fund to go into index funds and the ACA

I would keep the subsidy for this year, then reevaluate. It is possible ACA will be dead or significantly different a year from now. Unless the active fund is truly terrible, I would not jeopardize the subsidy.
by aristotelian
Mon Dec 11, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: How best to invest Inherited IRA with 5 year planned draw period?
Replies: 13
Views: 531

Re: How best to invest Inherited IRA with 5 year planned draw period?

It's really a mental thing for us, knowing the distributions are coming and that they make our new ratio just like our old ratio which was comfortable for 14 years, (we've only had this one house), makes the move feel less risky. Usually you don't want to make financial decisions based on "mental t...
by aristotelian
Mon Dec 11, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: How best to invest Inherited IRA with 5 year planned draw period?
Replies: 13
Views: 531

Re: How best to invest Inherited IRA with 5 year planned draw period?

The "safest bet" would probably be Fidelity's cash management account, which is FDIC insured up to $1.25M and earns a generous interest rate of 0.14% for balances above $100K. If you want to earn more return than that, you will need to take some risk.

Why did you do you 5 year withdrawal plan?
by aristotelian
Mon Dec 11, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Linux based laptop or just a Windows based laptop formatted?
Replies: 38
Views: 1949

Re: Linux based laptop or just a Windows based laptop formatted?

Honestly, for the basic applications you describe, Chromebook is the best bet. Cheap, secure, simple, and does everything on your list.
by aristotelian
Mon Dec 11, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 10
Views: 925

Re: How to Achieve CAGR of 6% in non-taxable Acct?

So let me get back to my question (as IMO an annuity product seems better for the seller than the buyer) and knowing there's no guarantee for any returns the two investment options are: - simple index funds to a more diversified index allocation (i.e. Sheltered Sam) - Active managed Vanguard funds ...
by aristotelian
Sun Dec 10, 2017 10:49 pm
Forum: Investing - Theory, News & General
Topic: Prosper
Replies: 7
Views: 1001

Re: Prosper

No. S&P average total return is much better than anything you could get from P2P with the same level of risk. I will stay in stocks.
by aristotelian
Sun Dec 10, 2017 4:46 pm
Forum: Investing - Theory, News & General
Topic: likely date for a bitcoin crash: does this make sense to you?
Replies: 38
Views: 2160

Re: likely date for a bitcoin crash: does this make sense to you?

Seems just as reasonable as the speculation of Bitcoin going up.
by aristotelian
Sun Dec 10, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: DAF - when is it right to do?
Replies: 16
Views: 1093

Re: DAF - when is it right to do?

Any time you want to give to charity and you itemize your deductions and/or have long term appreciated shares. Keep in mind, if the tax plan we are not allowed to talk about passes, you will have to donate a lot more to get the charitable deduction next year. Might be a good idea to get as much in t...
by aristotelian
Sun Dec 10, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 36
Views: 1853

Re: If you use EE Bonds, what did drive your decision

letsgobobby wrote:
Sun Dec 10, 2017 10:07 am
I no longer buy I, since the real return net of taxes is likely to be negative.
I don't get this argument. Do you also not invest in savings accounts or CD's? What if it provides the highest real return relative to the risk?
by aristotelian
Sun Dec 10, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 1798

Re: Would a Bitcoin Crash affect the general markets?

Nothing. The total value of all bitcoin is a rounding error compared to the trillions in assets moving around the world daily. I heard on NPR that the market cap of Bitcoin is equivalent to a top 20 S&P500 company, so if it went to zero overnight I do think some people would feel pain, and not just...
by aristotelian
Sun Dec 10, 2017 1:19 am
Forum: Investing - Theory, News & General
Topic: Traditional vs Roth IRA at high tax brackets?
Replies: 6
Views: 711

Re: Traditional vs Roth IRA at high tax brackets?

PFInterest wrote:
Sat Dec 09, 2017 10:37 pm
do the t401k. you should also be doing 2 backdoor rIRAs.
+1. Also if you plan to retire early you will have more room in lower tax brackets than your accountant thinks. Stay with traditional. Do Roth on the IRA side.
by aristotelian
Sun Dec 10, 2017 1:15 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin IRA
Replies: 28
Views: 2277

Re: Bitcoin IRA

If you max your traditional IRA, you can't contribute to a separate Bitcoin IRA.
by aristotelian
Sat Dec 09, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Do indoor cats need flea/tick/heartworm prevention year round?
Replies: 15
Views: 972

Re: Do indoor cats need flea/tick/heartworm prevention year round?

Fleas are a real pain to get rid of, and yes, we have gotten them on an indoor cat. Eggs can get tracked in from outside and it doesn't take much to create an infestation.
by aristotelian
Sat Dec 09, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Why am I still scared ? Is it actually normal ?
Replies: 73
Views: 11297

Re: Why am I still scared ? Is it actually normal ?

You have been through 2008 and 2000-1. You know what the market can do, but now you have more to lose. When the market goes up, most people get greedy for more gains. The rest of us worry about preserving what we have. There could be a major correction/crash in the near future. If you can't sleep wi...
by aristotelian
Sat Dec 09, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 36
Views: 1853

Re: If you use EE Bonds, what did drive your decision

I am thinking about taking the plunge. Haven't done it yet, but I would like to have my retirement accounts closer to 100% stock and I already have I Bonds and as much muni bonds as I am willing to risk. I don't mind having a small amount of my bond portfolio untouchable for 20 years given the retur...
by aristotelian
Sat Dec 09, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 176
Views: 32050

Re: Best HSA (2017)

I have around $11,000 in VTSAX with Health Savings Administrators. They charge $45 annually plus 6.25bps quarterly. I am can no longer make additional contributions so I need to figure out if it would be better to move this elsewhere. Move it. Look at Saturna, Lively, Selectaccount and HSA Authorit...
by aristotelian
Sat Dec 09, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3328

Re: Please suggest a dry hands product

One option is to use special gloves with your preferred cream at night to keep the lotion in place to work and keep it from getting on the linens and your hair. Or some have the lotion built in. https://health.howstuffworks.com/skin-care/moisturizing/products/moisturizing-gloves.htm If you want to ...
by aristotelian
Sat Dec 09, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5521

Re: Does this happen to you? Educating friends about personal finance

I try to say "This is what I do" or "This is what I would suggest in your situation," and explain the reasons why. I have no expectation that they will take the advice. I did get one of my coworkers (age 63, only assets are employer plan with $200k) to start a Roth IRA.
by aristotelian
Sat Dec 09, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons why not to shorten target fund
Replies: 9
Views: 500

Re: Reasons why not to shorten target fund

Is this a market timing move or a long term asset allocation move? Will you be tempted to switch back if the market continues up? Honestly I doubt the move makes a difference to you one way or the other but if you are uncertain I like your current approach to split the difference between the two.
by aristotelian
Sat Dec 09, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 176
Views: 32050

Re: Best HSA (2017)

gatsu wrote:
Sat Dec 09, 2017 12:00 pm
Does any of them offer index target retirement funds?
HSA has Vanguard Lifestrategy funds for $36 annually. No experience with them, but good fund selection and price point.
by aristotelian
Sat Dec 09, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Loan
Replies: 6
Views: 335

Re: Consumer Loan

Take the loan. Put the money in 18 month CD. Pay off with the CD proceeds and pocket the interest. Up to you if it's worth the hassle for $200 or so. If you can make the loan payments with CC your return might be double that.
by aristotelian
Sat Dec 09, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1391

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

Some of it has to do with the tax plan that we are not allowed to discuss and rich people and institutions speculating that the tax advantages of munis are no longer worth the risk.
by aristotelian
Sat Dec 09, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Exchanging managed funds for Indexed funds
Replies: 10
Views: 506

Re: Exchanging managed funds for Indexed funds

Keep in mind you will have to pay tax on the gains one way or another. So close to retirement, though, I think I would wait until you don't have any other income, then realize those gains in a lower tax bracket. If you do any charitable giving, use those funds first and donate shares directly or thr...
by aristotelian
Sat Dec 09, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10098

Re: Save all this money, what do you splurge on?

Vacations. This year I spent 10 days in the Alsace region of France, took my mom on an Alaskan cruise, spent 10 days in the Umbria region of Italy, went to a resort in Jamaica for five days and will see family over Christmas for a week. I need more vacation days at work! +1, travel is our only majo...
by aristotelian
Sat Dec 09, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Investing [finding an efficient frontier]
Replies: 5
Views: 349

Re: Investing [finding an efficient frontier]

It seems to me you have it right. The question is whether you want the most returns for the least risk or the least risk with the most returns. Also, all the modeling I have done comes up with best results with LT treasuries as part of the mix because they are most non-correlated with stocks. But of...
by aristotelian
Fri Dec 08, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 57
Views: 6702

Re: Retire in my early 40s? Crazy or actually doable?

weltschmerz wrote:
Fri Dec 08, 2017 11:07 pm
Wow...only on Bogleheads do we get clowns with almost 3 million dollars asking if they can retire. The answer is 'yes', regardless of age. You are a clown....and I mean that in a good way! Congrats on your success so far.
And only on Bogleheads would 40% of the posters advise against it.
by aristotelian
Fri Dec 08, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1570

Re: Gift Giving Strategy for Married Couples

Mid 40s, I am the same way. I guess I am a jerk, but anything we need we already have, and anything unnecessary I just view as a waste. It took 12 years of marriage but my wife finally understands. She finally said she is giving in and just won't buy me anything this year. It gets better.
by aristotelian
Fri Dec 08, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion for solo 401k?
Replies: 6
Views: 314

Re: Roth conversion for solo 401k?

Those taxable assets are tied up in other investments that I am not willing or able to move. I am looking to convert the whole thing if I can. Self-directed Solo Roth 401k's allow you to purchase shares in LLC's so there's no reason/advantage to rolling to an IRA of any kind. I see. Well, it sounds...
by aristotelian
Fri Dec 08, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Bond allocation in my taxable account - Help me
Replies: 17
Views: 388

Re: Bond allocation in my taxable account - Help me

You could consider VWLUX if you are willing to take a little more risk. Keep in mind that "long term" muni funds do not have nearly the duration of long term Treasury funds.
by aristotelian
Fri Dec 08, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3328

Re: Please suggest a dry hands product

At night, liberally putting tons of Vaseline or aquaphor onto the hands, then put on socks onto the hands and leave it on till morning (so not to stain the sheets). I do this when my hands feel super dry and it helps a lot +1, Aquaphor/Eucerin or the generic equivalent. I use the stuff habitually, ...
by aristotelian
Fri Dec 08, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion for solo 401k?
Replies: 6
Views: 314

Re: Roth conversion for solo 401k?

Those taxable assets are tied up in other investments that I am not willing or able to move. I am looking to convert the whole thing if I can. Self-directed Solo Roth 401k's allow you to purchase shares in LLC's so there's no reason/advantage to rolling to an IRA of any kind. I see. Well, it sounds...
by aristotelian
Fri Dec 08, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: What Bonds to Hold in Taxable?
Replies: 7
Views: 816

Re: What Bonds to Hold in Taxable?

Take a look at muni bonds, which you can hold tax free, and I Bonds and EE Bonds from Treasury Direct. I have muni bonds and I Bonds and have been considering adding EE Bonds so as to move closer to 100% stock in my retirement accounts.
by aristotelian
Fri Dec 08, 2017 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Tax questions about moving taxable to lower ER options
Replies: 5
Views: 337

Re: Tax questions about moving taxable to lower ER options

How much are the gains? As long as they don't push you into the 25% capital gains bracket, I would do it. The only way to avoid paying capital gains on those funds would be to be below the 15% bracket (which probably won't happen until you retire) or to contribute to a Donor Advised Fund. If you wan...
by aristotelian
Fri Dec 08, 2017 10:26 am
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 55
Views: 4783

Re: Dad Needs Help Buying Wedding Liquor

I am now in the midst of doing this. the liquor pro recommended Red Bull and huge amounts of Vodka (Tito's). We're cutting back some on the vodka and adding more tequila as the signature drink of the bride is tequila-based. Neither the Bride nor groom believed the Red Bull necessary, so we're cutti...
by aristotelian
Fri Dec 08, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion for solo 401k?
Replies: 6
Views: 314

Re: Roth conversion for solo 401k?

I am confused by your post. You have 75% of your portfolio in taxable assets, but only 401k is "available". What does that mean? Why not just use taxable funds? How much are you planning to convert? You are in the 15% bracket now, but converting $280K will obviously force you into a higher bracket. ...
by aristotelian
Thu Dec 07, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Roth Conversion vs Healthcare Subsidies
Replies: 15
Views: 1089

Re: Early Retirement Roth Conversion vs Healthcare Subsidies

I would have to do some back of the napkin calculations, but I would think it might work out to do one or two conversions all at once to the top of the 25% bracket, then do the subsidies for a few years, then another big conversion, then subsidies for a few years etc. Of course that would assume tha...
by aristotelian
Thu Dec 07, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 88
Views: 6506

Re: Bitcoin now the largest quantifiable bubble in history?

I can't tell from the article what that even means. Largest % run up over X period of time? Largest by market cap? Absolute or nominal dollars? I did hear on NPR I think that Bitcoin market cap is equivalent to a top 20 S&P 500 company. That would make it equivalent to companies such as AT&T, Visa, ...
by aristotelian
Thu Dec 07, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5295

Re: What do Bogleheads say when they don't want to spend money?

I don't mind just telling people that I am frugal and don't like to spend money. I love to make fun of my car ("worst beater in the lot") and my cell phone ("cheapest Chinese Android phone I could find") as a point of pride. I do have Netflix, though (cheaper than cable).
by aristotelian
Thu Dec 07, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Spending or Roth Conversions
Replies: 5
Views: 328

Re: Taxable Spending or Roth Conversions

There are good arguments on both sides. Selling taxable generally gives you the biggest immediate gains (assuming you are going from 15% capital gains to 0). However, if you let the funds stay in Roth, there is some upside of long term growth. When in doubt, do some of each.
by aristotelian
Thu Dec 07, 2017 7:13 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency marketplace hacked, pilfered for +- 60 million
Replies: 10
Views: 1921

Re: Cryptocurrency marketplace hacked, pilfered for +- 60 million

Interesting, one article I read said the theft was "reported to the relevant authorities". Who are the relevant authorities? What damages can anyone claim if the item stolen is a currency that is not recognized as legal tender? Wouldn't it be like reporting the theft of Monopoly Money? ... And the p...
by aristotelian
Wed Dec 06, 2017 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Planning a baby through IVF around Feb 2018: which insurance plan to go for HSA or HRA?
Replies: 5
Views: 462

Re: Planning a baby through IVF around Feb 2018: which insurance plan to go for HSA or HRA?

I believe that should be $6900 pre-tax for the HSA (or $5400 in addition to the employer contribution). I get $1350 for the tax savings since the employer is making the same contribution to the HRA. I had $5900 assuming only $1000 from the employer, with the baby causing a switch to a family plan v...
by aristotelian
Wed Dec 06, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Planning a baby through IVF around Feb 2018: which insurance plan to go for HSA or HRA?
Replies: 5
Views: 462

Re: Planning a baby through IVF around Feb 2018: which insurance plan to go for HSA or HRA?

Welcome to the forum! The benefit of the HSA is that you can contribute $5900 more to it, and that gives you a tax savings which depends on your tax bracket. If you are in a 25% bracket with no state tax (or you live in AL, CA, or NJ, which don't recognize HSAs), that's a tax savings of $1488. (It'...
by aristotelian
Wed Dec 06, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Inherited Roth, no will no beneficiary
Replies: 7
Views: 742

Re: Help with Inherited Roth, no will no beneficiary

Wow, very, very sorry for your loss. It seems to me that you have the options all correct. I kind of like the idea of disclaiming it so your other child inherits. If you want the money to go to her anyway, it keeps you out of it and let's her decide what to do with it. One benefit of this is if she ...
by aristotelian
Wed Dec 06, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3769

Re: How do you know you are FI?

Most define FI has having enough money that you can safely withdraw from your portfolio enough to cover your expenses with a near 100% expectation that you will have money left at the end. According to the best historical data, that means having somewhere between 25-30X your annual expenses (meaning...
by aristotelian
Wed Dec 06, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: I'm declaring a bubble, it's at the peak
Replies: 15
Views: 2320

Re: I'm declaring a bubble, it's at the peak

I see a 5-10% correction. But I have been seeing a 5-10% correction since January and the market has gone up 20%.
by aristotelian
Wed Dec 06, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4047

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

A simple way to explain it is that each 15 or 25 cents he is saving in taxes is costing him a dollar in useless items. If I gave him a quarter, would he give me a dollar? No! Now, this would be a reasonable strategy if the items somehow turned into business profit and he got the dollar back in reven...
by aristotelian
Wed Dec 06, 2017 2:01 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Bitcoin & It’s Risks
Replies: 57
Views: 4755

Re: Larry Swedroe: Bitcoin & It’s Risks

I don't understand why many people in the U.S. would prefer bitcoin over a FDIC-insured bank. You are assuming that people see Bitcoin as a cash currency. According to my back of the napkin research, 98% of the people in Bitcoin see it as a speculative investment, hoping that the price will increas...
by aristotelian
Wed Dec 06, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Will I make it? (Another "evaluate my financials" post..)
Replies: 19
Views: 1405

Re: Will I make it? (Another "evaluate my financials" post..)

No kids helps and you certainly have sufficient income. You do need to increase your savings rate. A general rule of thumb is 15% will provide a comfortable retirement. Since you are getting a late start, I would target at least 25%.
by aristotelian
Tue Dec 05, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Taxes
Replies: 17
Views: 1945

Re: Side Hustle Taxes

Open a solo 401k. You would be able to defer nearly all of her income so you won't have to worry about paying estimated taxes. This is what we do for my wife's yoga teaching income.