Search found 3096 matches

by inbox788
Sat Jan 21, 2017 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 13
Views: 1296

Re: wisdom of converting most TIRA to Roth

You wouldn't want to Roth convert all tax-deferred dollars if you plan to make charitable donations during your RMD years. In many cases, QCDs are superior to donating apprecated shares. Why ? You're implying one can donate from TIRA, not pay tax on the distribution, and still take the charitable d...
by inbox788
Sat Jan 21, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 13
Views: 1296

Re: wisdom of converting most TIRA to Roth

Ignoring speculation on future tax rates, it IS still theoretically possible to over-convert to Roth, but that seems less likely if you are only using up your headroom in the 15% marginal tax bracket. I could definitely see it happening if someone did a single large conversion (and were taxed at a ...
by inbox788
Sat Jan 21, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: wisdom of converting most TIRA to Roth
Replies: 13
Views: 1296

Re: wisdom of converting most TIRA to Roth

As for your taxable account, how is the tax-loss harvesting going? We won't need to use the 15% bracket for tax-gain harvesting because of all the TLHing that we do. How are you generating all these losses? Are they short term losses from recent purchases, are you carrying a lot of long term losses...
by inbox788
Sat Jan 21, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: seeking portfolio advice
Replies: 6
Views: 575

Re: seeking portfolio advice

...I still think Roth conversion is a far better way to exploit the 15% tax bracket than stepping-up basis of my after-tax equities... Is there a deeper discussion on this? Seems like you'd have to weigh the percentage gains, how much you could convert or step up, and whether you're going to be pas...
by inbox788
Sat Jan 21, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Pension plan termination options - advice sought
Replies: 6
Views: 617

Re: Pension plan termination options - advice sought

My company is terminating it's pension plan, which means that participants have several options: 1) take a lump sum for the present value; 2) Start taking lifetime payments; 3) have the pension to an insurance company, which I guess would run it with same options as the original pension plan. So ho...
by inbox788
Fri Jan 20, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Recently retired, 60 y/o $80 K to invest
Replies: 7
Views: 910

Re: Recently retired, 60 y/o $80 K to invest

Both wife and I retired in 2016, she 59, me 60 y/o. Have most assets currently managed in VG PAS. Have $80K to invest. Is $80k new money to invest IN ADDITION to what you have in VG PAS? Or is that the whole amount at VG PAS? Where did the money come from? How is the money in the VG PAS being inves...
by inbox788
Fri Jan 20, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Where to get $100k for home remodel?
Replies: 22
Views: 2109

Re: Where to get $100k for home remodel?

3. Take a margin loan against the taxable account at around 7% interest and hope to pay the taxable account back over the next 18 months and hope for no extreme market downturn that would result in a margin call (taxable account has around $350k) Open a margin account at Interactive Brokers and pay...
by inbox788
Fri Jan 20, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: AA advice requested for married couple 37 yrs old
Replies: 17
Views: 1636

Re: AA advice requested for married couple 37 yrs old

Side note: for our children's education, we are planning to use a large portion of our IRAs to "help" them as needed if our goals are well in tact by the time they are college age. I've opted to not do a 529 becasue A. those investments suck, and B it locks up our money specifically for e...
by inbox788
Fri Jan 20, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot 8.0
Replies: 59
Views: 3598

Re: Tesla Autopilot 8.0

As one example, it reportedly can bounce radar under the car ahead of you to "see" and react to the car ahead of that car, something a human can't do. Humans *do* have the ability to react to what's going on two (or more) cars up. Not via radar obviously, and not all the time. But then, I...
by inbox788
Fri Jan 20, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: I run online business, can I set the business address to a cheaper tax state to save on taxes?
Replies: 13
Views: 1710

Re: I run online business, can I set the business address to a cheaper tax state to save on taxes?

What is your business structure? Are you a Schedule C, a Sub-S or LLC? I am an S-Corp registered in CA It would have been easier to register elsewhere. You've now have to move your business to another state or start another business in another state, but if you keep any California presence, you mig...
by inbox788
Fri Jan 20, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Help with allocating debt vs investing with increase in pay
Replies: 40
Views: 1959

Re: Help with allocating debt vs investing with increase in pay

But 5% is "high interest rate" loans? Not even close...... 20% (ala credit cards) is high interest. I shudder to think what HR-block charges for a refund check advance or what car title loans are. Those are borderline usurious. 5% is within spitting distance of a rate on a 30 year fixed m...
by inbox788
Thu Jan 19, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: Help with allocating debt vs investing with increase in pay
Replies: 40
Views: 1959

Re: Help with allocating debt vs investing with increase in pay

You're nearly 40k in debt. How long will it take you to pay it off if zero interest? I estimate it will cost you $300-500 the first year if you don't pay off the highest interest first. That's enough for me to choose highest interest. And at this cost, I'd consider putting the Emergency Fund in the ...
by inbox788
Thu Jan 19, 2017 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Pension options vs Term-Life policy
Replies: 11
Views: 721

Re: Pension options vs Term-Life policy

27/55= .49 X 96,000= $47,127 year or $3,927 per month. That would be the Max option with nothing going to my spouse should I pass first. Option A (also called 100% joint and survior benefit) reduces the monthly income by a factor of .8550 and provides a lifetime monthly payment to me or my spouse. ...
by inbox788
Thu Jan 19, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2445

Re: Never had a credit card, should I get one?

No, you're right it does feel weird. Feels weird that the credit card companies are paying me to borrow their money. :moneybag Good weird though, so I won't say anything to dissuade them (and they make money on transaction fees on merchants anyhow, so I don't feel bad). You can choose to jump throu...
by inbox788
Thu Jan 19, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2445

Re: Never had a credit card, should I get one?

No, I don't put my utilities on a credit card. I have automatic bank withdrawals set up for those. But that doesn't change my point, which is that using a credit card makes your life WAY easier and saves you money. I gotta say I find your argument very odd for a Boglehead: Even if OP only banks $10...
by inbox788
Thu Jan 19, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 98
Views: 8330

Re: Vanguard's new "account overview" page... BOO!

I am not a fan of the new look either but I log on about once a month so its not a huge deal. Once you get into the account details pages it is reasonably OK. I hate the changes! But like you, I don't log in that often, so will just put up with it. They probably haven't gotten around to making all ...
by inbox788
Thu Jan 19, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2445

Re: Never had a credit card, should I get one?

bertilak, Rupert, OP is trying to charge taxes and utilities to his credit card. I should have been more clear to say many government agencies and utilities charge fees, and not general merchants. Approximately 24K amounts to ALL of our spending in a year. (Remember, we live in flyover country, it's...
by inbox788
Thu Jan 19, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2445

Re: Never had a credit card, should I get one?

Approximately 24K amounts to ALL of our spending in a year. (Remember, we live in flyover country, it's very LCOL here.) I'm assuming I could charge practically all of that 24K including property taxes, utility bills, etc. Even less reason to get a card, because $400 is the maximum IF you could cha...
by inbox788
Thu Jan 19, 2017 4:51 am
Forum: Investing - Theory, News & General
Topic: Spending HSA money versus other
Replies: 21
Views: 1927

Re: Spending HSA money versus other

A really big gap now is that Medicare does not pay for long term care. For those without LTC insurance, this can be very expensive. One strategy might be to use the HSA as a form of self-insurance for long term care, but the problem is you never know how much LTC (if any) you are going to need. Whe...
by inbox788
Thu Jan 19, 2017 4:23 am
Forum: Personal Finance (Not Investing)
Topic: Never had a credit card, should I get one?
Replies: 71
Views: 2445

Re: Never had a credit card, should I get one?

Our expenses are low so we'd probably only get back $350-$450 in a year... "only"? No, don't get one. You've made quite a convincing argument against needing a credit card. How do you pay for stuff online? Or are you not buying anything online? Great way to save! And trying to get a littl...
by inbox788
Thu Jan 19, 2017 4:05 am
Forum: Personal Finance (Not Investing)
Topic: ok to pull plug and retire?
Replies: 51
Views: 6429

Re: ok to pull plug and retire?

Why not?
by inbox788
Thu Jan 19, 2017 3:15 am
Forum: Personal Consumer Issues
Topic: Subaru + Mazda
Replies: 39
Views: 3281

Re: Subaru + Mazda

Hi Everyone, At least one with 3-rows. We've narrowed it down to: >> 2017 Subaru Outback 3.6L Touring >> 2017 Mazda CX8 Signature QUESTIONS: 1) Do who have anything else you might recommend for us? Ok.... is this a test? I like my outback, but cannot find a third row... as seating. And what's a CX8...
by inbox788
Thu Jan 19, 2017 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Would you switch investment advisor to save $3000+/yr?
Replies: 17
Views: 1629

Re: Would you switch investment advisor to save $3000+/yr?

Portfolio value is ~1.3MM. Current advisor does TLH, pre-fills RMD/Roth conversion forms for signature. My father is pretty hands off. He basically does whatever the advisor recommends. In 2008, he never once questioned all the rebalancing to the bottom of the bear market. You don't say how much TO...
by inbox788
Wed Jan 18, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: How do I determine if I need to consult with an attorney about whether I need a trust?
Replies: 22
Views: 1450

Re: How do I determine if I need to consult with an attorney about whether I need a trust?

Net worth ~$1.5M (including house & mortgage debt). Only about $350k is liquid (bank or regular brokerage account), a lot is in 401k/403b/Roth IRAs. No kids/step-kids, no ex-wives, no businesses, partnerships, farms, nor any real estate other than our primary residence. I live in Massachusetts....
by inbox788
Wed Jan 18, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Does pharmacy school ranking matter?
Replies: 39
Views: 3088

Re: Does pharmacy school ranking matter?

I'm a some time academic, not a pharmacist. I would look at the institution as an undergraduate institution, not just a pharmacy school. Look at the rankings as a university. Also look at the his 'fit' to the undergraduate culture, just as for a regular 4 year program. That way, if he changes his m...
by inbox788
Wed Jan 18, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: How do I determine if I need to consult with an attorney about whether I need a trust?
Replies: 22
Views: 1450

Re: How do I determine if I need to consult with an attorney about whether I need a trust?

...I suppose that is somewhat like asking a barber if you need a haircut. "Of course you need a haircut!", said the barber to the bald customer. A hairy issue: cutting prices for bald guys "Why should we have to pay the same price for a haircut as guys with a full head of hair?"...
by inbox788
Wed Jan 18, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: What's a bearish investor to do?
Replies: 31
Views: 3125

Re: What's a bearish investor to do?

Short answer, stay the course. You ask: Assuming that I'm correct to avoid buying puts, what other things could I do to limit my downside and/or profit from a decline? You are correct -- don't buy options, sell them and pocket the premiums. Sell 100% cash-secured out-of-the-money Put options (i.e. s...
by inbox788
Wed Jan 18, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: How to improve my income as software lead/manager?
Replies: 52
Views: 4885

Re: How to improve my income as software lead/manager?

I currently commit more work than everyone else on my team AND also manage it. That is the problem. You've got to specialize. Choose one or another. You'd like to think that you're indispensable, but in the company's view, everyone is expendable. People problems is where the money is, and since you...
by inbox788
Wed Jan 18, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Wireless Surveillance Camera System Recommendation
Replies: 11
Views: 1408

Re: Wireless Surveillance Camera System Recommendation

Both systems I've had were package deals purchased online from the overseas mfgr. They each had 4 cameras, 120 V powered, but radio linked to a base. The earlier system used a USB dongle to input to a PC. When that PC upgraded to Win 10, the system was incompatible. The second system, also an unkno...
by inbox788
Wed Jan 18, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: Spending HSA money versus other
Replies: 21
Views: 1927

Re: Spending HSA money versus other

Take a look at this recent thread, particularly the posts by White Coat Investor where he talks about the possibility of having "too much money" in the HSA: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=204979 Thanks. I had searched, but didn't come across this thread. It's not...
by inbox788
Wed Jan 18, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Roll call Warren Buffet 90/10 portfolio
Replies: 58
Views: 7305

Re: Roll call Warren Buffet 90/10 portfolio

Buffet says 90/10. Bogle says 50/50. http://www.cnbc.com/2015/10/14/jack-bogle-follow-these-4-investing-rules-ignore-the-rest.html If I am close to my number, I think Bogle makes sense. If I'm well above the number, then Buffet makes more sense. Hopefully I'll be somewhere in between and pick a rati...
by inbox788
Wed Jan 18, 2017 4:56 am
Forum: Investing - Help with Personal Investments
Topic: New Job - New 401k
Replies: 4
Views: 338

Re: New Job - New 401k

Just started at a new company and need to setup my 401k portfolio. I am going to use a three fund portfolio. I have selected Vanguard VFIAX for Large Cap, Lord Abbett High Yield A - LHYAX for Bond funds, but need help deciding on available International funds... [list of expensive international fun...
by inbox788
Wed Jan 18, 2017 4:44 am
Forum: Investing - Theory, News & General
Topic: Spending HSA money versus other
Replies: 21
Views: 1927

Re: Spending HSA money versus other

My HSA plan is identical to yours. Pay for medical expenses out of pocket and use the HSA as a tIRA once I get old enough to use it for non-medical expenses. I just started doing HSA, so it will be a while before I start spending it, but I can imagine after 10, 20 or 30 years having TOO MUCH money ...
by inbox788
Tue Jan 17, 2017 11:09 pm
Forum: Personal Consumer Issues
Topic: Stymied by my High Deductible policy, HAS, and the American medical system.
Replies: 40
Views: 2560

Re: Stymied by my High Deductible policy, HAS, and the American medical system.

You can do your own, but I don't recommend it. Also, it may not be covered by the insurance, which applies to the deductible, so you may have additional expenses down the road. Yes, the medical insurance system is very complicated, and probably not going to get better. Best learn to adapt to it or j...
by inbox788
Tue Jan 17, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Payflex HSA (via Aetna HDHP at FEHB) - New Vanguard Fund Options
Replies: 30
Views: 2581

Re: Payflex HSA (via Aetna HDHP at FEHB) - New Vanguard Fund Options

If it costs $2/month to invest, I'm wondering at what point it's worth it to start investing. I just started this this year. Maxing out the the account this year means contributing about $200 every other week, which doesn't seem to make sense...early on anyways. It took me most of the year to figur...
by inbox788
Tue Jan 17, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?
Replies: 65
Views: 3663

Re: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?

You have picked super boring stocks. Frankly, by picking some of the biggest companies, there is more likelihood that your excitement (if any) would come from a precipitous drop rather than a huge run up (not that either is likely with most of those companies). I say, if you're gambling, do an IPO....
by inbox788
Tue Jan 17, 2017 10:18 pm
Forum: Personal Consumer Issues
Topic: Wireless Surveillance Camera System Recommendation
Replies: 11
Views: 1408

Re: Wireless Surveillance Camera System Recommendation

How much did you spend? How were they powered? Did they just fail or were they disabled by crooks?
by inbox788
Tue Jan 17, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: Nespresso Inissia Espresso Maker? (or similar)
Replies: 29
Views: 1551

Re: Nespresso Inissia Espresso Maker? (or similar)

I had my sister prepare me a cup of coffee from her expensive espresso machine last weekend to taste the difference. She said my Nespresso coffee is weak. "This is the real stuff." She poured beans in and ground it. She didn't use the milk frother. She said it's the device that breaks the...
by inbox788
Tue Jan 17, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Brokers hit $1M revenue milestone
Replies: 6
Views: 2115

Re: Brokers hit $1M revenue milestone

Do the brokers share how much they helped the clients? Growth in investments might be publicly bragging number, but not helpful if you don't know the annual growth vs additions. Are there any SEC required disclosures to compare the size of accounts? If each broker averages $100M AUM at 1% EF, you ge...
by inbox788
Tue Jan 17, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Loaning $$$ to Vendor
Replies: 25
Views: 1071

Re: Loaning $$$ to Vendor

In the meantime, start looking for a new supplier, this one might be sinking. Exactly what I was thinking! Don't be penny wise pound foolish. Hopefully they're just trying to fix a short term cash flow problem (you will be paying upfront, and not paying more for a few months and they will be genera...
by inbox788
Tue Jan 17, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Replacement floor mats for Infiniti M37
Replies: 18
Views: 969

Re: Replacement floor mats for Infiniti M37

See if you get lucky at eBay: This one looks like original factory: http://www.ebay.com/itm/OEM-Front-Rear-Black-Carpeted-Floor-Mat-Kit-Set-of-3-for-Infiniti-M37-M37X-New-/131869102959?hash=item1eb402d36f:g:eO8AAOSwUsJYWnab&vxp=mtr These appear to be aftermarket OEM: http://www.ebay.com/itm/2006...
by inbox788
Tue Jan 17, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Nespresso Inissia Espresso Maker? (or similar)
Replies: 29
Views: 1551

Re: Nespresso Inissia Espresso Maker? (or similar)

Personally I think 3 cups or less per day the Nespresso will be a better choice and I am willing to pay the price difference. I can get 3rd party capsules starting below 20 cents though if price is a consideration. Nespresso is here between 50 to 70 cents per capsule. Thanks for sharing your experi...
by inbox788
Tue Jan 17, 2017 12:13 pm
Forum: Investing - Theory, News & General
Topic: Investing only after a market correction
Replies: 99
Views: 6602

Re: Investing only after a market correction

No, you can't do both! You only have $1k and it can't be used for both repayment and investing at the same time. Splitting the different is the easy, lazy answer. It's saying you don't know which is better, or don't care, or can't tell. If you took this type of strategy at every choice, you'd wind ...
by inbox788
Tue Jan 17, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?
Replies: 65
Views: 3663

Re: So, I'm going to gamble (for fun) and buy some individual stocks. Best way?

The ticker symbol for Vanguard is VNR. That's a joke. Now, this is a test. If you didn't get the joke, you get thirty seconds to Google. If you don't get the joke within thirty seconds, it should shake your confidence that you know what you're doing. P.S. If you'd bought Vanguard stock three years ...
by inbox788
Mon Jan 16, 2017 11:17 pm
Forum: Personal Consumer Issues
Topic: Collision Avoidance Systems
Replies: 15
Views: 1078

Re: Collision Avoidance Systems

love them, wont buy a car without them, and gives me peace of mind and lower liability. Of course, if one thinks they are a perfect and attentive driver, then they might disagree. Yes, there will be a set of replies that such devices are costly distracting, imperfect, sabotage the otherwise perfect...
by inbox788
Mon Jan 16, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Upgrade or just buy new? [Computer]
Replies: 44
Views: 2433

Re: Upgrade or just buy new? [Computer]

Holy cow! All these recommendations for Linux and stuff for a guy that doesn't know much about computers is crazy IMO. I'm well versed in building my own desktops and I personally do not recommend Linux. It is stable and secure and uses less resources than Windows, but it has a major learning curve...
by inbox788
Mon Jan 16, 2017 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on sign-on bonus check
Replies: 31
Views: 2753

Re: Taxes on sign-on bonus check

If the check was written in December and the tax forms (1099) are for 2016, I wouldn't fight it, and in all likelihood, for the new employee, 2016 will be a lower income year anyway. I filled out paperwork to help them estimate the gross up and they will adjust it at the end of the year based on my ...
by inbox788
Mon Jan 16, 2017 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Should I pay off my mortgage?
Replies: 15
Views: 1149

Re: Should I pay off my mortgage?

I have about 300k savings in cash / stocks. My mortgage is a 30 year fixed mortgage with 194k owed at 3.625%. Monthly payments are about 2k. Should I just pay it off right now? If I did, I'd lose a lot of liquidity and would still owe about 11k per year in property taxes and insurance. And then isn...
by inbox788
Mon Jan 16, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: Nespresso Inissia Espresso Maker? (or similar)
Replies: 29
Views: 1551

Re: Nespresso Inissia Espresso Maker? (or similar)

German Expat wrote:I had a Saeco fully automatic before and it was much cheaper to run.

What is the quality/taste difference between the Saeco and the capsules? Which Saeco model did you give up? Most of the coffee s̶n̶o̶b̶s̶ aficionados avoid the capsules and my limited experience is of similar mind.

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