Search found 164 matches

by fantasytensai
Thu Feb 23, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: HSA Account or Taxable Account?
Replies: 1
Views: 34

HSA Account or Taxable Account?

Hi everyone, my wife and I max out our 401(k)s and IRAs annually. We don't have any children so the remainder of the cash always goes into a taxable account. Lately I have been thinking about using the HSA as an investment vehicle. The benefits have been touted by this forum before - above the line ...
by fantasytensai
Wed Feb 22, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for my Age - 28
Replies: 21
Views: 1972

Re: Advice for my Age - 28

I'm looking to see what more I can do financially for my age at 28. INCOME My gross income 90k Maxed Roth IRA Contribute to tsp $16500/year EXPENSE/DEBT My monthly expenses $2000-3000 - $90 cell phone, $50 internet, $160 gas $120 piano lessons, $150 utilities, $100 pet expenses, $250 food, $75 clot...
by fantasytensai
Tue Feb 21, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax payments
Replies: 9
Views: 532

Re: Estimated tax payments

I have a related question. I calculated my expected withholdings and tax liabilities and I have determined exactly how short I will be for 2017. Can I just mail IRS a check for that amount before Q1 ends and be done with it? Sure Thanks, I was confused by the whole "quarterly underpayment pena...
by fantasytensai
Tue Feb 21, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Estimated tax payments
Replies: 9
Views: 532

Re: Estimated tax payments

I have a related question. I calculated my expected withholdings and tax liabilities and I have determined exactly how short I will be for 2017. Can I just mail IRS a check for that amount before Q1 ends and be done with it?
by fantasytensai
Tue Feb 21, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Re: Warren Buffet v. Bogleheads

So I guess the solution is to stay the course? :P In all seriousness, many Bogleheads talk about how they love to "up" their buying when the market is down. This seems to be a variation of Buffet's philosophy. I suppose while this is still technically considered market timing, it's an acc...
by fantasytensai
Tue Feb 21, 2017 1:23 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Re: Warren Buffett v. Bogleheads

There's a wide spectrum of behavior in between maintaining a perfectly constant asset allocation (as in the Vanguard Balanced Index Fund), and going to cash whenever the 200-day moving average pirouettes across the 50-day moving average and the Baroom oscillator precesses into the House of Atreus. ...
by fantasytensai
Tue Feb 21, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Re: Warren Buffet v. Bogleheads

So I guess the solution is to stay the course? :P In all seriousness, many Bogleheads talk about how they love to "up" their buying when the market is down. This seems to be a variation of Buffet's philosophy. I suppose while this is still technically considered market timing, it's an acc...
by fantasytensai
Tue Feb 21, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Re: Warren Buffet v. Bogleheads

In all seriousness, many Bogleheads talk about how they love to "up" their buying when the market is down. This seems to be a variation of Buffet's philosophy. I suppose while this is still technically considered market timing, it's an acceptable form of market timing, right? It is a vari...
by fantasytensai
Tue Feb 21, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Re: Warren Buffet v. Bogleheads

So I guess the solution is to stay the course? :P If you stay the course, then you "will be less greedy than others when others are greedy, and less fearful than others when others are fearful." Or, perhaps, "you will be relatively fearful when others are greedy and relatively greedy...
by fantasytensai
Tue Feb 21, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Re: Warren Buffet v. Bogleheads

So I guess the solution is to stay the course? :P In all seriousness, many Bogleheads talk about how they love to "up" their buying when the market is down. This seems to be a variation of Buffet's philosophy. I suppose while this is still technically considered market timing, it's an acce...
by fantasytensai
Tue Feb 21, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 38
Views: 3041

Warren Buffett v. Bogleheads

A common quote that I see floating around here is Warren Buffett's famous "be fearful when others are greedy, and be greedy when others are fearful". Sounds like words of wisdom, but I just realized that is market timing. How do Bogleheads reconcile this?
by fantasytensai
Fri Feb 17, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawing from HSA to pay for medical bills is as simple as they say?
Replies: 13
Views: 747

Re: Withdrawing from HSA to pay for medical bills is as simple as they say?

Thanks for the help guys! It just boggles the mind that the IRS would make saving money simple...:P
by fantasytensai
Fri Feb 17, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Withdrawing from HSA to pay for medical bills is as simple as they say?
Replies: 13
Views: 747

Withdrawing from HSA to pay for medical bills is as simple as they say?

Hi all, I have been researching how to withdraw funds from HSA to pay for medical expenses. From my research (and from what others have been telling me), this is as simple as transferring X dollars from your HSA account to a bank account, and be prepared to have receipts/invoices for medical service...
by fantasytensai
Fri Feb 17, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: Just made 2017 IRA contributions... so relaxing!
Replies: 7
Views: 916

Re: Just made 2017 IRA contributions... so relaxing!

Congrats! Just a friendly reminder that you can still contribute to your 2016 IRA until 4/18.
by fantasytensai
Thu Feb 16, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Buy funds Friday before close, when will transaction be completed?
Replies: 6
Views: 569

Buy funds Friday before close, when will transaction be completed?

Hi all, I just got paid a small but decent amount of cash for my freelance work that I plan on putting into VTSAX tomorrow...just curious, if I buy before 4:00 pm EST on Friday, I will get the Friday close NAV, or the Tuesday (since Monday is a holiday) close NAV? Thanks!
by fantasytensai
Thu Feb 16, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off a 7 Year ARM at 2.875% or Invest?
Replies: 10
Views: 852

Re: Paying off a 7 Year ARM at 2.875% or Invest?

I'm not prepaying my 2.75% mortgage. After taxes my effective rate is 1.83%. I am willing to bet that I can beat that rate of return by investing over the remaining life of my mortgage (14 years in my case as I have a 15 yr fixed). In fact I can probably do that without even taking stock market ris...
by fantasytensai
Wed Feb 15, 2017 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 10072

Re: Bogleheads not the norm?

A number of years ago after reading "The Bogleheads Guide" (which changed my financial life), I was very excited about spreading the word. Other than DW, all I met with were glazed-over eyes and/or bored expressions. No one was really interested. The other major response I got, over and o...
by fantasytensai
Wed Feb 15, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Re: Another Newbie Tax Question!

You can create an amended return using Turbo tax. I would suggest delaying just a bit, a week or two, as I don't know the effect of having both a regular and an amended return in process. Note: if you are in the 15% tax bracket and most the dividends are qualified the difference might be minimal. I...
by fantasytensai
Wed Feb 15, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Re: Another Newbie Tax Question!

Your fund has lost value. But until/unless you sell, you have not lost any money. Some people do sell in this situation in order to "tax loss harvest." Then they buy a slightly different fund. This avoids a wash sale situation while keeping them invested. You can learn about this if you w...
by fantasytensai
Wed Feb 15, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Re: Another Newbie Tax Question!

Your fund has lost value. But until/unless you sell, you have not lost any money. Some people do sell in this situation in order to "tax loss harvest." Then they buy a slightly different fund. This avoids a wash sale situation while keeping them invested. You can learn about this if you w...
by fantasytensai
Wed Feb 15, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Re: Another Newbie Tax Question!

Question one: Back in October 2016 I began my investing life by buying $10k worth of VTSAX, VTIAX, and VBTLX in a taxable account. Being the newbie I am, I completely forgot that I have to pay taxes on those! Therefore I had already e-filed my taxes before I received a notice today that I have a 10...
by fantasytensai
Wed Feb 15, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Re: Another Newbie Tax Question!

Question one: Back in October 2016 I began my investing life by buying $10k worth of VTSAX, VTIAX, and VBTLX in a taxable account. Being the newbie I am, I completely forgot that I have to pay taxes on those! Therefore I had already e-filed my taxes before I received a notice today that I have a 10...
by fantasytensai
Wed Feb 15, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Re: Another Newbie Tax Question!

Question one: Back in October 2016 I began my investing life by buying $10k worth of VTSAX, VTIAX, and VBTLX in a taxable account. Being the newbie I am, I completely forgot that I have to pay taxes on those! Therefore I had already e-filed my taxes before I received a notice today that I have a 10...
by fantasytensai
Wed Feb 15, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Another Newbie Tax Question!
Replies: 15
Views: 465

Another Newbie Tax Question!

Question one: Back in October 2016 I began my investing life by buying $10k worth of VTSAX, VTIAX, and VBTLX in a taxable account. Being the newbie I am, I completely forgot that I have to pay taxes on those! Therefore I had already e-filed my taxes before I received a notice today that I have a 109...
by fantasytensai
Tue Feb 14, 2017 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: How & when to sell lots of a single stock with huge capital gains
Replies: 40
Views: 2674

Re: How & when to sell lots of a single stock with huge capital gains

Is moving to a more tax-friendly state to establish residency an option?
by fantasytensai
Tue Feb 14, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off a 7 Year ARM at 2.875% or Invest?
Replies: 10
Views: 852

Re: Paying off a 7 Year ARM at 2.875% or Invest?

I am in similar situation like you (3% 7 year ARM with 5 years left). I would invest (assuming I could market perform at 5~7% annually). I could use mortgage interest deduction. By the time 7 years ARM expired, I will do another ARM or fixed which ever has the lowest interest. Interesting, you mean...
by fantasytensai
Tue Feb 14, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 10072

Re: Bogleheads not the norm?

I recently signed up to BH, but was born following the Boglehead philosophy (though I didn't know that's what it was called). That said, 20+ years ago when I was a few years into my career and moving out on my own, I had no emergency fund, was not contributing to my 401k, had credit card debt and s...
by fantasytensai
Tue Feb 14, 2017 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Paying off a 7 Year ARM at 2.875% or Invest?
Replies: 10
Views: 852

Paying off a 7 Year ARM at 2.875% or Invest?

I have a tiny mortgage (66k remaining), currently in the second year of my 7 year ARM (30 total) mortgage. My interest for the 7 years is 2.875%. Last year, I made a one time pre-payment of $8,500 for the pure satisfaction of seeing my monthly payment (which is a tiny ~$300) go more towards principa...
by fantasytensai
Tue Feb 14, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Re: Insane Bloodwork Cost (Quest Diagnostic)

Now I will chime in on the part that the OP will not be happy about. There is some personal responsibility here. You CHOSE a high deductible plan with very low premiums. That means the risk is being shifted on YOU. If you want better insurance that covers more (yours must be be pretty bad if they d...
by fantasytensai
Tue Feb 14, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Re: Insane Bloodwork Cost (Quest Diagnostic)

Now I will chime in on the part that the OP will not be happy about. There is some personal responsibility here. You CHOSE a high deductible plan with very low premiums. That means the risk is being shifted on YOU. If you want better insurance that covers more (yours must be be pretty bad if they d...
by fantasytensai
Mon Feb 13, 2017 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Re: Insane Bloodwork Cost (Quest Diagnostic)

Thanks guys. I feel much better! I think I'm bordering OCD.
by fantasytensai
Mon Feb 13, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Re: Insane Bloodwork Cost (Quest Diagnostic)

The insane costs at the rack rate are well known. But even if the insurer doesn't cover it, I assume it is in network and you should get network rates. And I must ask, what kind of insurance policy do you have that wouldn't cover thyroid testing? PPO with HSA :P literally covers nothing but routine...
by fantasytensai
Mon Feb 13, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Re: Insane Bloodwork Cost (Quest Diagnostic)

Thanks for the replies. I checked the claims detail, and the bloodwork seems to be right. However, Quest just puts insane tabs on some of the tests, please see attached.

http://imgur.com/a/NRZrF
by fantasytensai
Mon Feb 13, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Re: Insane Bloodwork Cost (Quest Diagnostic)

I did do my homework. I knew insurance wouldnt cover it, which is why i used castlight to get an estimate. And it was off by 700%.
by fantasytensai
Mon Feb 13, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Insane Bloodwork Cost (Quest Diagnostic)
Replies: 51
Views: 4117

Insane Bloodwork Cost (Quest Diagnostic)

Hi, any help is appreciated. My wife has a thyroid issue. Our doctor prescribed labwork to test her blood, but when we asked how much it would cost, he had no idea. We are insured by Blue Cross Blue Shield. I went to their online 'estimate your cost' tool Castlight, and it said about $50-$100. So we...
by fantasytensai
Mon Feb 13, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: No company match question.
Replies: 20
Views: 789

Re: No company match question.

If he's eligible to deduct TIRA contributions, why should he go with a 401k instead, especially since his options are limited to target date funds? Because IRA limit is $5,500 while 401(K) is $18,000? I much rather have 18k off my taxable income then being able to deduct 5.5k. That's not the point....
by fantasytensai
Mon Feb 13, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: No company match question.
Replies: 20
Views: 789

Re: No company match question.

In general it's usually still good to contribute to a 401k even without an employer match. If he's eligible to deduct TIRA contributions, why should he go with a 401k instead, especially since his options are limited to target date funds? Because IRA limit is $5,500 while 401(K) is $18,000? I much ...
by fantasytensai
Mon Feb 13, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 2932

Re: BH thoughts on housing crash

While I agree with everyone else that it is impossible to timely predict a crash, I personally am saving up cash in order to prepare to buy a house during the next crash, whether it be in 5 years or 20. I have the luxury of owning a Co-op at the moment in a sought after area and will live here until...
by fantasytensai
Mon Feb 13, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: No company match question.
Replies: 20
Views: 789

Re: No company match question.

In general it's usually still good to contribute to a 401k even without an employer match. If he's eligible to deduct TIRA contributions, why should he go with a 401k instead, especially since his options are limited to target date funds? Because IRA limit is $5,500 while 401(K) is $18,000? I much ...
by fantasytensai
Mon Feb 13, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Withheld too little taxes, what to do?
Replies: 32
Views: 2790

Re: Withheld too little taxes, what to do?

An update question. If I pay taxes with a credit card, I can get a little bit of cash back. Therefore, I was wondering, rather than change my W-4 withholdings, if I could simply pay more taxes via credit card sometime before the end of the year. If I pay in October/November, will that negate my unde...
by fantasytensai
Mon Feb 13, 2017 11:09 am
Forum: Investing - Theory, News & General
Topic: Buy funds on the date of distribution?
Replies: 2
Views: 197

Buy funds on the date of distribution?

Since the fund loses NAV on the date of distribution, does it make sense to buy said fund on the date of distribution? Am I missing something as to why that would not be a good practice?
by fantasytensai
Mon Feb 13, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 3936

Re: What to do with daughter's $100

This is purely a personal suggestion, but here is what I recently started doing with my wife. She makes good money but is terrible at saving. So in order to encourage her to save, I ask her to save a certain amount a month into a savings account with not-so-terrible rates (Ally), then at the end of ...
by fantasytensai
Sat Feb 11, 2017 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: VBTLX already in taxable account, what to do?
Replies: 8
Views: 571

Re: VBTLX already in taxable account, what to do?

The main thing with bonds in taxable is whether your income level is high enough to make muni bonds preferable to total bond fund right now I think it is at around 28% tax bracket. So if you are 25% or lower and you want some bonds in taxable i would keep them. http://whitecoatinvestor.com/asset-lo...
by fantasytensai
Sat Feb 11, 2017 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: VBTLX already in taxable account, what to do?
Replies: 8
Views: 571

VBTLX already in taxable account, what to do?

Hi, I bought $10,000 of VBTLX in a taxable account (I also have 10k of VTSAX and 10k of VTIAX in that account). I then realized the tax inefficiencies of having VBTLX and have been wondering how to deal with the situation (I am currently keeping bonds in my IRA and 401k accounts). I searched the for...
by fantasytensai
Sat Feb 11, 2017 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me select a 401(k) Investment Option, Thank you!
Replies: 13
Views: 462

Re: Please help me select a 401(k) Investment Option, Thank you!

I agree with your fund selections, plus the international index if you want diversification. However, keep in mind that 66% in small and midcap would be very disproportionate to and (higher risk than) the actual stock market. A more conventional allocation would be something like a 3-2-1 ratio. 3-2...
by fantasytensai
Fri Feb 10, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest- fear of crash
Replies: 58
Views: 4176

Re: When to invest- fear of crash

Put all your money into bonds. Right now. Seriously? :shock: Perhaps the mattress would make a safer bet. I actually think that is a good advice for a cautious investor such as the OP. If you are holding a reliable bond until maturity, then it does not matter if the bond drops in value, you would s...
by fantasytensai
Fri Feb 10, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me select a 401(k) Investment Option, Thank you!
Replies: 13
Views: 462

Re: Please help me select a 401(k) Investment Option, Thank you!

I agree with your fund selections, plus the international index if you want diversification. However, keep in mind that 66% in small and midcap would be very disproportionate to and (higher risk than) the actual stock market. A more conventional allocation would be something like a 3-2-1 ratio. 3-2...
by fantasytensai
Fri Feb 10, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me select a 401(k) Investment Option, Thank you!
Replies: 13
Views: 462

Re: Please help me select a 401(k) Investment Option, Thank you!

I agree with your fund selections, plus the international index if you want diversification. However, keep in mind that 66% in small and midcap would be very disproportionate to and (higher risk than) the actual stock market. A more conventional allocation would be something like a 3-2-1 ratio. 3-2...
by fantasytensai
Fri Feb 10, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Please help me select a 401(k) Investment Option, Thank you!
Replies: 13
Views: 462

Re: Please help me select a 401(k) Investment Option, Thank you!

I agree with your fund selections, plus the international index if you want diversification. However, keep in mind that 66% in small and midcap would be very disproportionate to and (higher risk than) the actual stock market. A more conventional allocation would be something like a 3-2-1 ratio. 3-2...
by fantasytensai
Fri Feb 10, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Please help me select a 401(k) Investment Option, Thank you!
Replies: 13
Views: 462

Re: Please help me select a 401(k) Investment Option, Thank you!

Fidelity International Index Investor Fund ... 0.19% This looks fine for international. What's your plan for bonds? This is just for my 401(k). I have bonds in my IRA. Is there a reason why FSIIX at .19% is better than the S&P funds at .06%? Dividend? Edit: would 25% each be viable? Keep in min...

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