Search found 47 matches

by jriding
Wed Jul 06, 2016 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Initial HSA Bank/TD Ameritrade investments?
Replies: 13
Views: 1335

Re: Initial HSA Bank/TD Ameritrade investments?

When I first started I made a Vanguard ETF trade and they charged me a commission, but once I called they credited back the trade fee and helped me signup for free trades. 92Irish- Thank you so much for pointing out that TDAmeritrade requires customers to opt-in to the commission free trading progr...
by jriding
Thu Jun 16, 2016 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Social security and foreign earned income
Replies: 12
Views: 1074

Re: Social security and foreign earned income

DW works for a university and doesn’t pay social security tax. Before you get too excited about qualifying for SS benefits, you should read up on GPO & WEP (Government Pension Offset and Windfall Elimination Provision). The fact that spouse isn't paying SS on her main job means that she is prob...
by jriding
Thu Jun 16, 2016 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Social security and foreign earned income
Replies: 12
Views: 1074

Re: Social security and foreign earned income

How did you get it on Line 7 of the 1040? Turbo Tax generally computes the Line 7 number based on input of W2 forms with all the required data. Sounds like an amended return is in order although you may owe approx. 15% + interest of the "wages" in question. Of course you can also deduct a...
by jriding
Thu Jun 16, 2016 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Social security and foreign earned income
Replies: 12
Views: 1074

Re: Social security and foreign earned income

Thanks so much for your responses. It sounds like I need to submit an amended return and move the income to line 12 and schedule C. The income was about 15K, so it will definitely make a dent in her Social Security credits.
by jriding
Wed Jun 15, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Social security and foreign earned income
Replies: 12
Views: 1074

Social security and foreign earned income

DW works for a university and doesn’t pay social security tax. In 2015 she earned foreign income (>$400) from an organization based in Sri Lanka. All of her work was conducted in the US. She was paid as a contractor and no taxes were withheld. We didn’t receive a 1099 and were told by US representat...
by jriding
Mon May 02, 2016 3:14 pm
Forum: Personal Consumer Issues
Topic: What are Costco's best deals?
Replies: 286
Views: 40866

Re: What are Costco's best deals?

Kirkland Pure Maple Syrup is about 30% cheaper then identical sized containers at Trader Joe's and grocery stores.
by jriding
Tue Apr 26, 2016 10:20 am
Forum: Personal Finance (Not Investing)
Topic: What to do with money (first world problem)
Replies: 15
Views: 2863

Re: What to do with money (first world problem)

If you have a high deductible health plan, consider using a Health Savings Account as a retirement account (fund it but don't spend it). Lot's of threads out there on how to do this.
by jriding
Fri Mar 04, 2016 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Do You Give Your Friends Investment Advice?
Replies: 58
Views: 4472

Re: Do You Give Your Friends Investment Advice?

The most I will refer to some is the wiki here or Bernstein's "If you can". Most people my age are deeply skeptical of "Wall Street". Never mind Valley Forge, PA is over 100 miles away from Downtown Manhattan, New York, NY. The older folks at my company seem to have hair-brained...
by jriding
Thu Feb 04, 2016 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: [Am I getting a bad deal from my financial planner?]
Replies: 58
Views: 4618

Re: Am I getting screwed?

...we are going to keep the Term and Disability insurances in place for now. She also wants to keep her Roth there for now. It stresses me out knowing that but I know I'll win her over soon enough. In that case, encourage her to read some of the books recommended in the Wiki and linked above. This ...
by jriding
Fri Jan 29, 2016 12:40 pm
Forum: Personal Consumer Issues
Topic: Utah Spring Break Planning
Replies: 6
Views: 485

Re: Utah Spring Break Planning

I've spent many Spring Breaks in Moab with my family. There is great primitive camping on BLM land surrounding Moab. And Arches National Park and Canyonlands won't disappoint. Moab even has an indoor pool that has a water slide. Spring Break is a great time to visit the Utah desert as temperatures a...
by jriding
Tue Nov 17, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason to not use Saturna for an HSA?
Replies: 11
Views: 1693

Re: Any reason to not use Saturna for an HSA?

I use HSABank and really like their use of TDAmeritrade. HSABank is mostly free as long as you keep the required minimum balance in the cash account (otherwise they will charge a high maintenance fee). After you keep the minimum balance in cash - the rest of your HSA money can go in a TDAmeritrade ...
by jriding
Wed Nov 04, 2015 11:16 am
Forum: Personal Consumer Issues
Topic: Kitchen Remodel - Best decisions, biggest busts for appliances
Replies: 46
Views: 5209

Re: Kitchen Remodel - Best decisions, biggest busts for appliances

We remodeled our 1980s kitchen in 2013. Highs: -The microwave *drawer* works and looks great. We used to have a free standing microwave on the counter and this is a huge improvement. And we didn't like the look of above-counter/oven microwaves. -36 inch wide and very deep farm house style single wel...
by jriding
Tue Oct 13, 2015 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Switch to Target Retirement Funds
Replies: 8
Views: 1311

Re: Switch to Target Retirement Funds

carolyoyo wrote:I am hesitant to sell much of anything now, since I am seeing a lot of red. I hate to sell at a loss


Selling at a loss isn't necessarily a bad thing.
https://www.bogleheads.org/wiki/Tax_loss_harvesting
by jriding
Wed Oct 07, 2015 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Retired!
Replies: 44
Views: 5087

Re: Retired!

So happy for you. Your post is inspiring and a reminder to keep socking away the :moneybag .
by jriding
Mon Sep 21, 2015 5:21 pm
Forum: Personal Consumer Issues
Topic: What are your best time-savers?
Replies: 108
Views: 13463

Re: What are your best time-savers?

Delegate daily chores to the kids. The chore chart is mostly my wife's doing, but I gained ~30 minutes/day on average when she built up a daily chore chart for the kids (9 and 13). I no longer: Mow the lawn Clean-up after dinner (I do most of the cooking though) Empty the dishwasher Clean the litter...
by jriding
Tue Sep 08, 2015 2:58 pm
Forum: Personal Consumer Issues
Topic: Cost of piano lessons
Replies: 44
Views: 4671

Re: Cost of piano lessons

We're paying $40 per hour divided between two kids (13 and 9). They attend the lesson once per week.
by jriding
Thu Sep 03, 2015 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

Re: A good problem to have

Monk wrote:
6. Buy more bikes?


Throw out all the good advice you've already received - CLEARLY this is the right answer. :twisted:


:sharebeer
by jriding
Thu Sep 03, 2015 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

Re: A good problem to have

Thanks for the thoughtful response random guy. a) 529: 93k will probably pay for 5 or 6 years at your state school (lots of assumptions there on market growth versus tuition growth). If you figure you want to pay some of the tuitition in cash to get the AOTC tax credit, you are pretty much fully fun...
by jriding
Thu Sep 03, 2015 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

Re: A good problem to have

Does your employer allow after-tax 401k contributions? Those can be handy for mega backdoor Roth's. Tom Yes, good point, hadn't thought of this as a way of building an after-tax account. I like the idea of direct deposits from pay check to after-tax account. My employer allows after-tax contributio...
by jriding
Thu Sep 03, 2015 11:31 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

Re: A good problem to have

HSA accounts are unique: untaxed when funded and never taxed thereafter. Some refer to these accounts as stealth Roth accounts. Why not fully fund these annually and use your excess cash to pay for the medical expenses? Most custodians allow you to choose how the funds are invested (after meeting s...
by jriding
Thu Sep 03, 2015 11:27 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

Re: A good problem to have

Curious why people are suggesting taxable investing ...? Because it worked very nicely for me. I appreciate your suggestion to consider taxable over the 457 and 529 options. itstoomuch makes some good points as to why taxable might be the best option. Since I began reading the BH Wiki and Forums se...
by jriding
Thu Sep 03, 2015 10:28 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

Re: A good problem to have

Bump.
by jriding
Wed Sep 02, 2015 9:46 am
Forum: Investing - Help with Personal Investments
Topic: A good problem to have
Replies: 23
Views: 2035

A good problem to have

DW and I have a lot of tax advantaged space available. I think we've done a descent job of filling the low hanging fruit. I now find myself deciding between investment categories that aren't so straight forward. In summary: What we're maxing out each year: His 401(k) His Roth IRA (backdoor) Her 401(...
by jriding
Mon Aug 17, 2015 9:09 am
Forum: Personal Consumer Issues
Topic: Colorado Circle Tour
Replies: 28
Views: 2212

Re: Colorado Circle Tour

That's quite an ambitious itinerary. While you have picked some nice destinations I think you have built in way too much driving, especially with kids. It appears that a number of your stops include lots of driving after seeing sites (right when fatigue sets in). Personally I would eliminate about ...
by jriding
Mon Jun 01, 2015 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: To REIT or not to REIT
Replies: 26
Views: 4627

Re: To REIT or not to REIT

...Instead, I buy and hold and rebalance. I change my asset allocation to REITs from 0% to about 5% of the portfolio and back to 0%. Going from 5% to 0% to 5% is not "buy, hold, and rebalance". Sure it is. I have a rebalancing band of 0% to 5%. Okay, I'll bite. How do you know when to reb...
by jriding
Thu Feb 05, 2015 12:24 pm
Forum: Personal Consumer Issues
Topic: Health Insurer, Anthem, Hacked
Replies: 100
Views: 10398

Re: Health Insurer, Anthem, Hacked

My company uses Anthem for health insurance we we received the system breach notification this morning.

Since this hack also includes my kids personal data, should I be doing something to protect their identities/credit? Is it even possible to freeze credit activity for children?
by jriding
Fri Jan 09, 2015 5:54 pm
Forum: Personal Consumer Issues
Topic: Thinking about retirement - it's depressing
Replies: 80
Views: 9994

Re: Thinking about retirement - it's depressing

Buy a bike and ride it often.
by jriding
Thu Sep 25, 2014 3:56 pm
Forum: Forum Issues and Administration
Topic: Supporting the Operating Costs of the Forum
Replies: 42
Views: 7114

Re: Supporting the Operating Costs of the Forum

Thanks for the reminder.
Donation sent. Best investment I'll make all year!
by jriding
Tue Apr 16, 2013 1:12 pm
Forum: Personal Consumer Issues
Topic: Spouse wants to purchase a bicycle for 5000.
Replies: 129
Views: 9029

Re: Spouse wants to purchase a bicycle for 5000.

graveday wrote:Just be thankful it is not a horse being considered.


Ha ha. Or a boat!
by jriding
Mon Apr 15, 2013 1:57 pm
Forum: Personal Consumer Issues
Topic: Spouse wants to purchase a bicycle for 5000.
Replies: 129
Views: 9029

Re: Spouse wants to purchase a bicycle for 5000.

Thanks everyone, The feedback has been really helpful. I feel better about saying yes to this purchase (by the way - I also run big purchases by spouse as well). Being frugal, I have never spent this much money on myself for a hobby but I have to give spouse a lot of credit that the bicycle is part...
by jriding
Mon Apr 15, 2013 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Campaigning for a better 401(k) Question
Replies: 16
Views: 3711

Re: Campaigning for a better 401(k) Question

I just wanted to provide an update to this thread that I started in February and reiterate my thanks to those that have contributed their knowledge. Some progress has been made thanks to you. Mr. President (who is also the fiduciary trustee) setup a conference call between him, me, my sister, and th...
by jriding
Tue Feb 26, 2013 10:39 am
Forum: Personal Consumer Issues
Topic: Breckenridge, CO
Replies: 5
Views: 890

Re: Breckenridge, CO

Breck has a great community pool with a big slide, fountains, and other kid friendly features. I"m sure you can find the location with a simple google search. It's on the north side of town, 2-3 miles from downtown.
by jriding
Mon Feb 18, 2013 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Dollar Rounding on Tax Forms
Replies: 41
Views: 4547

Re: Whole Dollar Rounding on Tax Forms

livesoft wrote:
mhc wrote:It is not a big problem for me since I always apply a refund to next year.


Sorry for going off topic, but I'm curious why you'd apply a refund to next year? Is it to offset an expected underpayment?
by jriding
Sat Feb 16, 2013 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Is pro-rata gunna get me? (Backdoor Roth Question)
Replies: 15
Views: 867

Re: Is pro-rata gunna get me? (Backdoor Roth Question)

Does it take less time to move money in and out of a money market fund than a mutual fund?
If yes, than that's my reason.
If no, than you're right...I'm bereft.
by jriding
Fri Feb 15, 2013 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is pro-rata gunna get me? (Backdoor Roth Question)
Replies: 15
Views: 867

Re: Is pro-rata gunna get me? (Backdoor Roth Question)

See the note at the end of the line 6 instructions for Form 8606. The pre tax dollars on 12/31/12 will not affect your Roth conversion, which should be tax free except for a small amount of earnings before you convert. Therefore, you should convert ASAP so the gains are generated in your Roth IRA i...
by jriding
Fri Feb 15, 2013 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is pro-rata gunna get me? (Backdoor Roth Question)
Replies: 15
Views: 867

Is pro-rata gunna get me? (Backdoor Roth Question)

December 31, 2012: I have a low six figure deductible Rollover IRA and SEP account with Vanguard. February 12, 2013: I submit paperwork to have the entire Rollover IRA and SEP distributed to my employer's 401(k) plan (good, low cost funds). February 15, 2013: I create a $5,000 2012 non-deductible tI...
by jriding
Tue Feb 05, 2013 8:14 pm
Forum: Investing - Theory, News & General
Topic: Anybody purposely loading up on mortgage debt?
Replies: 57
Views: 3620

Re: Anybody purposely loading up on mortgage debt?

LH wrote:Wondering if anyone was currently taking advantage of lowest rates ever, and refinancing mortgage, taking money out, and investing it.


It occurred to me that these are the types of investing strategies you're more likely to hear about during bull markets.
by jriding
Tue Feb 05, 2013 7:19 pm
Forum: Investing - Theory, News & General
Topic: Anybody purposely loading up on mortgage debt?
Replies: 57
Views: 3620

Re: Anybody purposely loading up on mortgage debt?

Last summer I refinanced to a 15 yr @ 3%. Was over-paying each month with goal of paying mortgage off in 10-12 years. Recently stopped the overpay and redirected the money to tax advantaged space. A strategy I learned when I discovered Bogleheads this past December. Won't overpay my mortgage again u...
by jriding
Tue Feb 05, 2013 9:17 am
Forum: Investing - Theory, News & General
Topic: How much tax advantaged space available?
Replies: 17
Views: 2983

Re: How much tax advantaged space available?

With a Colorado 529 for each of my two kids, I can contribute up to $700,000 maximum ($350k each). I don't think there's an annual contribution limit, but could be wrong. EDIT: Colorado 529 contributions are deductible from state income taxes. So my tax advantaged space for the 529 alone could be wa...
by jriding
Tue Feb 05, 2013 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 37
Views: 3530

Re: Backdoor Roth IRA

Duckie and Epsilon- You guys are awesome, thanks for the great information throughout this thread. I'm printing it and keeping it in my tax file for future reference. line 10 - 0.990566 ( equals 10,500/10,600, note I did not round to 3 decimal places as you don't have to) line 11 - $10,500 (it would...
by jriding
Mon Feb 04, 2013 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 37
Views: 3530

Re: Backdoor Roth IRA

Last year we backdoored two non-ded IRAs into Roths for 2011 taxes - $10k total That means we got 1099-Rs this year. (no other IRAs, don't have to worry about any of that issue) So in 2012 you made two $5K non-deductible contributions for 2011 and then converted them. When you filed your 2011 taxes...
by jriding
Sun Feb 03, 2013 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Campaigning for a better 401(k) Question
Replies: 16
Views: 3711

Re: Campaigning for a better 401(k) Question

Mr. President responded quickly: "Among other reasons, because of the low fees." He went on to ask why her brother (that's me) thinks the fees are high. I also wonder if two different types of fees were being discussed here. Mr. President may have no idea what an expense ratio is. He may ...
by jriding
Sat Feb 02, 2013 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Campaigning for a better 401(k) Question
Replies: 16
Views: 3711

Re: Campaigning for a better 401(k) Question

One has to divide the fees between (a) those that the company pays directly that you do not see, but the president and owner sees and (b) the fees paid by all the participants either through higher expenses ratios or quarterly fees. My spouse was in a Hartford plan that cost the company zero becaus...
by jriding
Sat Feb 02, 2013 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Campaigning for a better 401(k) Question
Replies: 16
Views: 3711

Re: Campaigning for a better 401(k) Question

Thank you tj, lawman, clever, and james! Based on your thoughtful responses, I think the key points to pass on to the company President and fiduciary rep are: 1) Hartford is unlikely to offer less expensive funds. Even index funds will have fees added that will make their costs comparable to the act...
by jriding
Fri Feb 01, 2013 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Campaigning for a better 401(k) Question
Replies: 16
Views: 3711

Campaigning for a better 401(k) Question

I'm new to the forums and have spent the past month Bogleizing my own investments. I offered to bring the Boglehead philosophy to my sisters investments and she gladly accepted. I was appalled at the high fees of available funds through her Hartford 401(k) (the high costs of Hartford 401(k) funds ar...
by jriding
Wed Jan 23, 2013 10:27 pm
Forum: Investing - Theory, News & General
Topic: How Bogleheads made me a worse Investor
Replies: 76
Views: 8035

Re: How Bogleheads made me a worse Investor

I used to theoretically tinker with my portfolio on an Excel spreadsheet. The good thing I did was not to take any actual action, and pretty soon I realized that all the tinkering was unnecessary. But playing around with numbers removed my need to play around with real money. I agree! I'm new to Bo...
by jriding
Sat Jan 19, 2013 10:13 pm
Forum: Investing - Theory, News & General
Topic: ITunes Sale on Jack Bogle's Little Book of Common Sense
Replies: 33
Views: 4361

Re: ITunes Sale on Jack Bogle's Little Book of Common Sense

Buying the Amazon version will allow you to read the book on a Kindle OR an Apple device with the Kindle app.

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