Search found 1039 matches

by feh
Tue Apr 25, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 55
Views: 3404

Re: Is $20K I-Bonds considered cash or bond?

I don't view my portfolio as equities/bonds. I view it as equities/fixed income, where fixed income includes anything that provides interest on a regular basis (bond funds, CDs, individual bonds). Where would you classify High Yield bonds? I think you are on the right track, but for me the divide h...
by feh
Tue Apr 25, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 56
Views: 4554

Re: Helping adult children

Swampy wrote: Your son's are both self sufficient adults, allow them that dignity to fully evolve, hardships and all.


+1

If son #1 is gainfully employed (to the point where his wife can stay at home), I don't understand why any financial assistance is being provided.
by feh
Tue Apr 25, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 55
Views: 3404

Re: Is $20K I-Bonds considered cash or bond?

I don't view my portfolio as equities/bonds. I view it as equities/fixed income, where fixed income includes anything that provides interest on a regular basis (bond funds, CDs, individual bonds).
by feh
Tue Apr 18, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1720

Re: $10 withdrawal by the IRS?

I have an explanation! This is the first year my teenage son filed a federal tax return, and he owed $10. I was showing him how the process worked, and must have used my bank account for the ACH withdrawal. So, nothing nefarious. It should be noted that the name associated w/ the transaction was my ...
by feh
Tue Apr 18, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1720

Re: $10 withdrawal by the IRS?

The IRS could have made a correction on your return, for math or a limited deduction, but they would have sent you a correction notice in the US mail first. Was the earlier payment short by $10 somehow? Deposit for tax refund was exact amount I was expecting. Withdrawal for estimated tax payment wa...
by feh
Tue Apr 18, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1720

Re: $10 withdrawal by the IRS?

How sure are you it is the IRS? I would be a skeptic and make sure no extra money was in that account, it doesn't pass the smell test for me. The description of the debit is consistent w/ other IRS-related transactions: ACH W/D: IRS TYPE: USATAXPYMT CO: IRS I should also mention I made an estimated...
by feh
Tue Apr 18, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1720

$10 withdrawal by the IRS?

Hi folks.

The IRS withdrew $10 from our checking account today (tax day; I don't think that's a coincidence). I have no idea why this was done. We received a large refund this year, around $10K, which was paid a week or two ago.

Anybody have a guess as to what this is about? Thanks.
by feh
Mon Apr 17, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: helping parent sell their car
Replies: 16
Views: 1219

Re: helping parent sell their car

You don't have to go through the charade of using nominal consideration. Just have her transfer it to you or, better yet, endorse the title in blank which you can then deliver to a buyer. Gill Please clarify - she would sign the title over, leaving the purchaser blank? It would be nice to not have ...
by feh
Mon Apr 17, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: helping parent sell their car
Replies: 16
Views: 1219

Re: helping parent sell their car

bi0hazard wrote:I find trade ins least stressful. You may get a few hundred $$ less.


New car being purchased from a private party, so no trade in.
by feh
Mon Apr 17, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: helping parent sell their car
Replies: 16
Views: 1219

helping parent sell their car

Hi folks. A little context - my mother may be buying a car soon. She would have no need for her current car, which isn't worth a whole lot ($1000-2000). She lives 90 minutes from me and she would not want to deal w/ selling her old car. I'd like to take care of this task for her, but I'm not close e...
by feh
Tue Apr 11, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Will There Ever Be A Time When There Are No Emerging Markets?
Replies: 14
Views: 1777

Re: Will There Ever Be A Time When There Are No Emerging Markets?

Nah. Once Africa is "developed", then there will be Antarctica. Then Mariana Trench...Mars....Andromeda...
by feh
Mon Apr 10, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Roth IRA - Using Risk to Grow the Pie
Replies: 30
Views: 2825

Re: Roth IRA - Using Risk to Grow the Pie

KyleAAA wrote:I'd load the Roth up with domestic/international small value and call it a day.


This is what I do. We tilt to small-value, and place those funds in our Roth accounts.
by feh
Thu Apr 06, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Retirement Equity Glide path with 2-3 years of expenses in cash
Replies: 13
Views: 1284

Re: Retirement Equity Glide path with 2-3 years of expenses in cash

We are starting retirement with an AA of 60/40 (at age 50). We have 3 years of expenses in cash to ride out a bear market. If equities don't recover in that time frame, returning to work is an option.

Dropping all the way to 30/70 is simply too conservative for my tastes.
by feh
Tue Apr 04, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: I don't want to retire until another bear market
Replies: 40
Views: 5818

Re: I don't want to retire until another bear market

soccerdad12 wrote:For me, I don't view my nest egg to just be about me. I want to maximize it for me and for others (people or organizations) that I may leave money to in the future. If it was just about me, it would be a no-brainer easy decision to retire now.


Sounds like a case of One More Year syndrome.
by feh
Mon Mar 27, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Your Experiences with Risk Tolerance and having smaller versus larger account balances
Replies: 24
Views: 2041

Re: Your Experiences with Risk Tolerance and having smaller versus larger account balances

For the first 20 years of my investing history, my AA was 100/0. Once portfolio values neared the Financial Independence number, I dialed things back to more Boglehead acceptable numbers. It wasn't the absolute value, but rather getting close to our "number" that made me reevaluate things.
by feh
Mon Mar 27, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Weathering sell-off days like today
Replies: 107
Views: 6381

Re: Weathering sell-off days like today

poker27 wrote:huh? Unless I'm missing something the S&P is down by half a point?


+1

If one is going to freak out when the index drops 1%, they probably shouldn't be holding equities at all.
by feh
Mon Mar 27, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 130
Views: 15400

Re: So someone drained $13k from my checking account...

Didn't read the entire thread, so apologies if this has already been covered... I believe all that's necessary to pull money from a checking account is the routing number and account number. This has always concerned me...how good are banks/CUs at making sure checking account numbers are not guessab...
by feh
Sun Mar 26, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: AA after reaching your "freedom number"?
Replies: 39
Views: 4070

Re: AA after reaching your "freedom number"?

We are at 60/40. Hopefully will stay at that AA forever.
by feh
Tue Mar 21, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Utah Vs. New York 529 - Which one and why?
Replies: 18
Views: 1031

Re: Utah Vs. New York 529 - Which one and why?

We had to make this choice about 12 years ago and went w/ Utah. Have no idea how they would compare today.
by feh
Tue Mar 21, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Pre-Retirement Income & Post Retirement Expenses
Replies: 15
Views: 1006

Re: Pre-Retirement Income & Post Retirement Expenses

"This is to gauge the commonly accepted principal that retirees need 70% of their pre-retirement income during retirement." IMHO - a fairly worthless guideline .... I would go even further - it's a completely worthless guideline. OP - you need to determine what your expenses are and will ...
by feh
Fri Mar 17, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: SARSEP contribution limit
Replies: 3
Views: 154

Re: SARSEP contribution limit

Pay attention in particular to the calculation of the 25% contribution, and whether or not that total is more or less than $18,000. But yes, those over 50 can make an addtional $6,000 in catch-up contributions. She was employed for only a couple months with this employer, so her total contributions...
by feh
Fri Mar 17, 2017 8:40 am
Forum: Personal Finance (Not Investing)
Topic: SARSEP contribution limit
Replies: 3
Views: 154

SARSEP contribution limit

Hi folks. I just discovered that there is a contribution limit for SARSEP plans that is 25% of income. I did not realize this, and by this metric, my spouse over-contributed last year. However, she is over 50, and the regulations also state that an additional $6000 catchup amount may be contributed ...
by feh
Tue Mar 07, 2017 1:36 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on "stuff" for kids?
Replies: 53
Views: 3894

Re: How much do you spend on "stuff" for kids?

Books is actually the big spend category at $900. DD is a voracious reader and DS is getting there. Between Amazon, 3 library sales and some bookstore trips our total books spend last year was $1860, and I would say half was for her. This is the one area I am seriously prone to impulse purchasing, ...
by feh
Mon Mar 06, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 7400

Re: How much do you spend on food in a year?

Family of three, for 2016: $7500 for groceries, another $1100 for restaurants.
by feh
Mon Mar 06, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What are your alternate investments?
Replies: 21
Views: 1578

Re: What are your alternate investments?

LLC membership.
by feh
Sat Mar 04, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Million Dollar House with Uncertain Future Income??
Replies: 23
Views: 1933

Re: Million Dollar House with Uncertain Future Income??

Not one of the options presented, but if I were you, I'd move to a lower cost of living area and claim victory. Buy a nice house for $400K, don't spend like a drunken sailor, and you are set for the rest of your life.
by feh
Sat Mar 04, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Second home or not ready
Replies: 56
Views: 4448

Re: Second home or not ready

blessed wrote:Any opinions on if this is a good idea?


I wouldn't do it. Given your income, you should have more saved for retirement.
by feh
Thu Mar 02, 2017 10:19 pm
Forum: Investing - Theory, News & General
Topic: Using Ibonds to build cash reserves
Replies: 28
Views: 3341

Re: Using Ibonds to build cash reserves

I Bonds are part of my "cash reserve", along with short term bonds and CDs. I think you need to define "cash reserve", however, In my case, on the verge of early retirement (needing to live off taxable investments for 10 years), cash reserve means non-volatile funds that can be u...
by feh
Tue Feb 28, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: Bank Loan Funds
Replies: 11
Views: 1117

Re: Bank Loan Funds

I've held SAMBX for about 4 years. Dividend usually between 4 and 5 percent. This holding is only about 10% of our fixed income. When the economy is doing or expected to do well, they outperform intermediate bonds. When the economy looks dicey (early 2016, 2008), total return is worse than intermedi...
by feh
Sun Feb 26, 2017 7:31 am
Forum: Investing - Theory, News & General
Topic: How should people factor Social Security into their "magic number" with early retirement?
Replies: 76
Views: 6048

Re: How should people factor Social Security into their "magic number" with early retirement?

invst65 wrote:I never even dreamed of having a "Magic Number" until the last few years before retirement.


+1

At 35 yo, simply save as much as you can. When you start to have a large pile of money, then start asking questions like in the OP.
by feh
Sat Feb 25, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: How should people factor Social Security into their "magic number" with early retirement?
Replies: 76
Views: 6048

Re: How should people factor Social Security into their "magic number" with early retirement?

How do you extract from that magic number the amount that you actually need to accumulate after accounting for future Social Security income? firecalc.com Although, given how far away retirement is for you, there will be a huge amount of error. I doubt you can even reasonable estimate your expenses...
by feh
Sun Feb 12, 2017 9:41 am
Forum: Investing - Theory, News & General
Topic: Tax from k1 income vs income from stock?
Replies: 13
Views: 736

Re: Tax from k1 income vs income from stock?

I learned 2 Cardinal rules of investing when I put my first 65K when I was no longer negative into a "can't lose" real estate investment. (It went bankrupt.) 1. Never, did I say never?, Invest in something that generates a K1. 2. Never invest in anything that cannot be liquidated at any t...
by feh
Sun Feb 12, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: Tax from k1 income vs income from stock?
Replies: 13
Views: 736

Re: Tax from k1 income vs income from stock?

In most cases, income from LLCs is considered return of capital and that income is most often tax deferred. It really depends on how the LLC is structured. Distributions from partnerships are considered ROC as long as your basis is greater than zero. Income passed through in Box 1/2/3 of the K1 is ...
by feh
Mon Feb 06, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: Why go with an 80% stock / 20% bond portfolio?
Replies: 342
Views: 22248

Re: Why go with an 80% stock / 20% bond portfolio?

I was 100% equities until my mid-40s. I never panic-sold.

I'm not claiming such an AA was wise.
by feh
Fri Jan 20, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: reverse mortgage: now or (possibly) later?
Replies: 6
Views: 691

Re: reverse mortgage: now or (possibly) later?

For those suggesting an annuity - can you please explain why you feel that would be better than a reverse mortgage?

Thanks.
by feh
Fri Jan 20, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: reverse mortgage: now or (possibly) later?
Replies: 6
Views: 691

Re: reverse mortgage: now or (possibly) later?

If she is still working I would hold off until she is done. Because of her age, SS and very low expenses her 115k is almost enough. If she worked another 8 years I doubt she wold need one at all. That's a long time to work though. If she enjoys working part time then see how long she can go. The di...
by feh
Fri Jan 20, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: reverse mortgage: now or (possibly) later?
Replies: 6
Views: 691

reverse mortgage: now or (possibly) later?

Hi folks. Would appreciate some thoughts on finances of aging parent. Here's the situation: widowed 72 years old living in mortgage-free house relatively good health 2 kids with the means to offer support when/if needed kids do not need nor expect inheritance home value: $200K working part time, whi...
by feh
Wed Jan 11, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance into cash
Replies: 44
Views: 3307

Re: Rebalance into cash

My instincts tell me to sell when the market tanks, but the rational move is to buy when the market is down. Instincts are a bad guide to investing. Following dotcom bust in 1999, market was down the next three years: -10%, -13%, -23% Is it really a given that the market will always recover? Nothin...
by feh
Tue Jan 10, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance into cash
Replies: 44
Views: 3307

Re: Rebalance into cash

erik265 wrote:I know a lot of you will say then stick to the casino and go gamble there even if you think the odds are in your favor but does anyone agree with my rational at all??


Go ahead and do it. Let us know the results.
by feh
Tue Jan 10, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you make contributions to your portfolio?
Replies: 15
Views: 1115

Re: How often do you make contributions to your portfolio?

DeathFalcon wrote:401k aside, how often do you contribute to your portfolio


Every paycheck and whenever there are surplus funds available.

DeathFalcon wrote:and do you rebalance your portfolio at each contribution?


Nope. Once a year or according to tolerance bands.
by feh
Sat Jan 07, 2017 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 24937

Re: Annual Vacation Budget

Family of three, one destination vacation for anywhere from 6-10 days.

$3.5 -> $7.5K
by feh
Sat Jan 07, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Cash vs. having a Mortgage on Retirement Home
Replies: 11
Views: 1288

Re: Paying Cash vs. having a Mortgage on Retirement Home

I wold want to stay debt-free. The math may disagree, but life without a mortgage is too good to discontinue.
by feh
Tue Jan 03, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: use taxable funds to max 401K contribution?
Replies: 6
Views: 629

Re: use taxable funds to max 401K contribution?

All that said it would take a compelling case to not take a 28% tax break. If that turns out not to be the optional choice 30 years from now you would probably be talking about a modest percentage difference then, not a terrible mistake. Thanks Watty. I agree - I don't think it will make a whole lo...
by feh
Tue Jan 03, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: use taxable funds to max 401K contribution?
Replies: 6
Views: 629

Re: use taxable funds to max 401K contribution?

How confident are you in the 25% tax bracket for retirement? Is that your tax bracket based on in part on income coming out of retirement accounts, or only income from other sources? Fairly certain, although not 100%. Most of the passive income will be from a business. In general I'd say the answer...
by feh
Tue Jan 03, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 8010

Re: Are Younger people funding 529 Plans?

I have a theory based on people I talk to in their mid20s-mid30s. 529 plan investing is not a priority. Anyone aware of recent data highlighting inflows to 529 Plans by age range? I'm having a hard time recommending they do it based on reasoning they're providing: -College is so expensive, my kid m...
by feh
Tue Jan 03, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: use taxable funds to max 401K contribution?
Replies: 6
Views: 629

Re: use taxable gains to max 401K contribution?

livesoft wrote:Can you pay the same taxes and move assets into a Roth IRA or Roth 401(k) instead?


Can you expound on this thought please? I do have Roth 401K available, and we will probably be under the income limit to contribute to a Roth IRA.
by feh
Tue Jan 03, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: use taxable funds to max 401K contribution?
Replies: 6
Views: 629

use taxable funds to max 401K contribution?

Hi folks. First, a little background info: 50 years old, semi-retired (working 2 days/week). Portfolio is almost evenly split between taxable and tax-advantaged accounts. Given my reduced income due to going part time, for the first time in decades I will not earn enough this year to pay bills and m...
by feh
Mon Jan 02, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 214056

Re: What are you up YTD? [Year To Date]

M* portfolio tracker says my return for 2016 was 9.7% Not sure if that includes dividends or not (I think it does). If you are looking at a "total return" column on Morningstar portfolio manager, it does include dividends. Yes, that's the column I'm looking at. So,what was the change in t...
by feh
Mon Jan 02, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 214056

Re: What are you up YTD? [Year To Date]

M* portfolio tracker says my return for 2016 was 9.7%

Not sure if that includes dividends or not (I think it does).
by feh
Sun Jan 01, 2017 2:16 pm
Forum: Investing - Theory, News & General
Topic: Are International Markets overdue for great gains?
Replies: 43
Views: 3666

Re: Are International Markets overdue for great gains?

Are ex-US funds overdue for gains? I'd say absolutely not; the concept that if something hasn't happened in a while then it is sure to happen soon is a human fallacy.

Are es-US equities cheaper than US equities at this time? Absolutely.

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