Search found 9886 matches

by letsgobobby
Tue Mar 28, 2017 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Increase paycheck TIAA contribution to 18% OR move $100,000 from savings into investments through Vanguard
Replies: 9
Views: 516

Re: Increase paycheck TIAA contribution to 18% OR move $100,000 from savings into investments through Vanguard

you should think of your entire portfolio as a single entity. Why then do you have $100,000 in cash? Presumably some is an emergency fund; what about the rest? Cash as an investment is very low returning. Maybe you're holding on to the cash for a down payment on a house, but you don't say. Whatever ...
by letsgobobby
Sun Mar 26, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 27
Views: 2642

Re: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]

I have successfully started to freak myself out over backdoor Roths. Finding this thread has given me more insight as to how the law treats them, but I'm curious. How are most people handling their conversions if they're over Roth income limits? Do many use it systematically every year? Or do they ...
by letsgobobby
Sun Mar 26, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Buy a house or wait in bay area
Replies: 34
Views: 2733

Re: Buy a house or wait in bay area for our circumstances

40 minute commute. Not bad though for bay area. This is in traffic.(25 mins weekend) Is that one way? The home price could drop 20% or more. Earthquake risk Yes it is one way. I am basing it on peak 4-6 pm time but I have a lot of flexibility when to start/leave work. So in that it is 40 min upper ...
by letsgobobby
Sat Mar 25, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: Giving my lawn the TLC it needs
Replies: 69
Views: 3474

Re: Giving my lawn the TLC it needs

a cold wet spring here in the PNW but I took advantage of 8 hours without rain and got 20# moss killer and 200 # of lime down on about 1/2 acre of lawn. Could have used more lime but that's all I wanted to deal with. The back 1/2 acre of lawn we are less particular about and I'll just spot spray som...
by letsgobobby
Sat Mar 25, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: How did you do your income taxes?
Replies: 96
Views: 3608

Re: How did you do your income taxes?

taxact for many years, they carry my information forward and charge me around $15 per year. can't complain. This is the super-duper deluxe version of federal, no state.
by letsgobobby
Sat Mar 25, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: The Sweet Spot for Yearly Car Costs
Replies: 54
Views: 3570

Re: The Sweet Spot for Yearly Car Costs

I leased a Toyota several years ago - very low cost - zero down, etc. It worked out fine as far as costs go. About $300/month as you say. That said, I won't likely do it again. My older cars I'd been driving for years cost under $150/month all told - usually closer to $100. I don't need expensive i...
by letsgobobby
Thu Mar 23, 2017 2:51 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 96
Views: 12485

Re: What % of your income have you converted to wealth?

Regarding the metric, one of the issues is the 401k match not showing up in income but in the numerator. if you use medicare earnings, it shows up in the numerator and denominator. Only HSA contributions deducted from payroll would not. Is this number different from medicare earnings on W2 every ye...
by letsgobobby
Thu Mar 23, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2116

Re: Kitchen island

There is no cab door on the island near the dishwasher. The question is, are there any benefits to have 8" overhang as shown above or split it evenly making 4" on each side? There will be no stools since 8" is not sufficient. don't see a reason to have any overhang. it's already too ...
by letsgobobby
Thu Mar 23, 2017 12:05 am
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 96
Views: 12485

Re: What % of your income have you converted to wealth?

35% at age 30. I do not see it rising above 40-45% for another 8 years due to kids, daycare and other expenses. Regarding the metric, one of the issues is the 401k match not showing up in income but in the numerator. if you use medicare earnings, it shows up in the numerator and denominator. Only H...
by letsgobobby
Tue Mar 21, 2017 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: taxact $10 premium deal today [includes state] [price match if already filed]
Replies: 12
Views: 1029

Re: taxact $10 premium deal today [includes state] [price match if already filed]

i think i paid $14 and am going to be happy with that.

moved on to wondering what I'll pay next year.
by letsgobobby
Tue Mar 21, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 4569

Re: Any downside in buying a brand new house ?

I bought a new home in 2015. I'm a little lost on the poor quality comments on new versus old. Weren't old homes new at one time? Did they cut less corners 100 years ago? Even if they did, do people really expect quality components in a 100 year old home in aggregate would be better than a new home...
by letsgobobby
Tue Mar 21, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 4569

Re: Any downside in buying a brand new house ?

For big ticket items a new home warranty is not all that useful. The problem is that the builder will create a new LLC corporation for each project and maybe even each house they build. If there is some big problem a few years later then the LLC is just an inactive empty shell with no assets so bei...
by letsgobobby
Tue Mar 21, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 4569

Re: Any downside in buying a brand new house ?

We shopped 'new homes' from tract builders and true custom homes as well. At the end of the day we bought preowned. The costs of new were simply too high to justify, especially once we got under the hood of tract builders. We found that the basic materials used were spotty if not shoddy, and practic...
by letsgobobby
Sun Mar 19, 2017 9:17 pm
Forum: Personal Consumer Issues
Topic: A SUV for towing a Travel Trailer
Replies: 69
Views: 3726

Re: A SUV for towing a Travel Trailer

Dodge Durango with hemi v8. drives great.
by letsgobobby
Sun Mar 19, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: 2.25% High Yield Checking - FSCU
Replies: 11
Views: 1692

Re: 2.25% High Yield Checking - FSCU

we've had two accounts like this at two different credit unions for years. none of the rates have ever declined. We earn 2% on $15k at one and 2.25% on $20k on the other. very easy to meet criteria and a great way to keep an emergency fund.
by letsgobobby
Sun Mar 19, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: gratuitous homeownership items
Replies: 218
Views: 16773

Re: gratuitous homeownership items

I guess we are one of those funny homeowners who regularly use our gas fireplaces (all 3 of them), jetted tub (more than weekly), and central vac (it helps to have the newer lighter hoses, and we love the kitchen sweep feature - don't need a dustpan).
by letsgobobby
Sat Mar 18, 2017 8:06 pm
Forum: Personal Consumer Issues
Topic: moving from landscaper/snow plower to diy in retirement
Replies: 44
Views: 2871

Re: moving from landscaper/snow plower to diy in retirement

You can buy a nice TORO zero turn for three grand. You'll like a zero turn much better than a standard tractor model of mower. The tractor models are cheaper, you can easily pick one up for less than a thousand. Benefits of the zero turn are you'll be done faster, they're more fun to operate, and y...
by letsgobobby
Sat Mar 18, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5323

Re: How long to keep previous years Income tax returns????

It is March 16 2017. Can I get rid of 2013 and earlier supporting documents? I would always keep the return, the W2s, and any electronic 1099s, but plan to get rid of, especially, records of donations - they take a ton of room. The Statute hasn't run yet on your 2013 return. Gill Thought it was 3 y...
by letsgobobby
Sat Mar 18, 2017 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Planning if you don't care to leave an estate....
Replies: 32
Views: 2600

Re: Planning if you don't care to leave an estate....

Now that we've left our advisor, I've been doing some retirement planning through various tools (Fidelity, and Financial Engines, through work -- FireCalc and my own spreadsheet, privately), and I'm more or less in the same range. But one factor is, we don't have children, and except for some money...
by letsgobobby
Sat Mar 18, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 823

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

What build my confidence in the S&P 500 is historical performance. I would hold on during a sudden 30-40% drop. sorry, i believe you are deluding yourself. everything you have written shows you are a very conservative, risk averse investor, and now, after sitting out a 300% bull market in stock...
by letsgobobby
Sat Mar 18, 2017 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bulk investment in S&P 500 for retirement savings growth?
Replies: 13
Views: 823

Re: Advice on bulk investment in S&P 500 for retirement savings growth?

after a long time in nearly 100% conservative investments, why are you suddenly wanting to switch almost entirely to 100% aggressive investments?
by letsgobobby
Fri Mar 17, 2017 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5323

Re: How long to keep previous years Income tax returns????

It is March 16 2017. Can I get rid of 2013 and earlier supporting documents? I would always keep the return, the W2s, and any electronic 1099s, but plan to get rid of, especially, records of donations - they take a ton of room. The Statute hasn't run yet on your 2013 return. Gill Thought it was 3 y...
by letsgobobby
Fri Mar 17, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5323

Re: How long to keep previous years Income tax returns????

It is March 16 2017. Can I get rid of 2013 and earlier supporting documents? I would always keep the return, the W2s, and any electronic 1099s, but plan to get rid of, especially, records of donations - they take a ton of room. The Statute hasn't run yet on your 2013 return. Gill Thought it was 3 y...
by letsgobobby
Fri Mar 17, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct not calculating foreign tax credit
Replies: 15
Views: 975

Re: TaxAct not calculating foreign tax credit

IMO the best approach for software developers WRT form 1116 is to do as little as possible and force the user to work through the IRS instructions and enter selected data manually. I don't have my data in front of me but I believe that is what I ended up having to do. I had previously entered my Va...
by letsgobobby
Fri Mar 17, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage fees- Is this reasonable?
Replies: 14
Views: 1450

Re: Mortgage fees- Is this reasonable?

quicken is usually not the cheapest rates around. Perhaps not the cheapest rate, but may be the easiest to close with. You can get a cheap rate, only to find the closing process is a complete nightmare. there may or may not be tradeoffs. But to save 0.5% on a $600,000 loan, or $3000 per year at the...
by letsgobobby
Fri Mar 17, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage fees- Is this reasonable?
Replies: 14
Views: 1450

Re: Mortgage fees- Is this reasonable?

quicken is usually not the cheapest rates around.
by letsgobobby
Fri Mar 17, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Vegetable Gardening - seeds vs seedlings?
Replies: 29
Views: 2250

Re: Vegetable Gardening - seeds vs seedlings?

Hello Bogleheads! After reading "All New Square Foot Gardening II: The Revolutionary Way to Grow More in Less Space" we're planning to take vegetable gardening very seriously this season! I had six 4'x4' Cedar Raised Garden Bed boxes built & delivered from a guy on Craiglist and I'm e...
by letsgobobby
Thu Mar 16, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5323

Re: How long to keep previous years Income tax returns????

It is March 16 2017.

Can I get rid of 2013 and earlier supporting documents? I would always keep the return, the W2s, and any electronic 1099s, but plan to get rid of, especially, records of donations - they take a ton of room.
by letsgobobby
Thu Mar 16, 2017 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct not calculating foreign tax credit
Replies: 15
Views: 975

Re: TaxAct not calculating foreign tax credit

Thanks, the alerts led me to a page I didn't understand. But I just manually entered the info about ordinary dividends and qualified dividends received from Vanguard and ended up with what seems like a reasonable number.
by letsgobobby
Thu Mar 16, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Autonomous Vehicles and Drone Deliveries
Replies: 31
Views: 1609

Re: Autonomous Vehicles and Drone Deliveries

Driverless cars will DEFINITELY be integrated into society first and I can't wait. :sharebeer I agree, this seems like achievable technology within a relatively short period of time given the progress thus far. Actionable: I am confident enough in its imminence that I am hoping to wait to replace m...
by letsgobobby
Thu Mar 16, 2017 12:53 am
Forum: Personal Finance (Not Investing)
Topic: FTC TaxACT error: Form 1116 not required to file
Replies: 26
Views: 5455

Re: FTC TaxACT error: Form 1116 not required to file

how do I delete 1116 in TaxAct? I wonder if this is causing my foreign tax credit not to calculate correctly?
by letsgobobby
Thu Mar 16, 2017 12:47 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct not calculating foreign tax credit
Replies: 15
Views: 975

TaxAct not calculating foreign tax credit

Bogleheads, I get this message from TaxAct: Explanation: Form 1116 - Foreign Taxes Paid Foreign taxes paid can generally be taken as either an itemized deduction on Schedule A or as a credit on Form 1116. You made entries on Form 1116, but no credit was allowed. You may want to take the foreign taxe...
by letsgobobby
Wed Mar 15, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Anyone subscribe to Barron's?
Replies: 10
Views: 683

Re: Anyone subscribe to Barron's?

I used to enjoy buying a Barrons (when it was $3) and getting on an early Saturday morning flight and reading through the dang thing. Now, even though I get it delivered (free with Mags for Miles), I barely even open it. it's just gotten so boring. I tell you this is one of the biggest drawbacks to ...
by letsgobobby
Wed Mar 15, 2017 12:57 am
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 8405

Re: Why don't things "feel" bubbly?

not quite bubbly but definitely overly optimistic. Our booming metro area (hottest home prices nationally) just reported its slowest economic growth in four years. Higher minimum wages and labor costs generally, as well as the modest rise in interest rates, is slowing economic growth. I expect home ...
by letsgobobby
Tue Mar 14, 2017 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Question for Docs/Surgeons/ARNPs
Replies: 23
Views: 2811

Re: Question for Docs/Surgeons/ARNPs

psych ARNPs on the west coast are getting as much as $125-$150 straight out of school. it is crazy.
by letsgobobby
Mon Mar 13, 2017 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Just made my very first ETF Trade - Lessons for Next time?
Replies: 74
Views: 3215

Re: Just made my very first ETF Trade - Lessons for Next time?

Just purchases 21 shares of IJS in my taxable account. I put my bid in 45 minutes after market open. Bid was $137.54, Bid was $137.64. I set a limit order for $137.54. Order Sat. Saw the Bid and Ask prices shoot up to 137.80 and 137.90 respectively, fluctuating plus/minus 5 cents. I replaced my lim...
by letsgobobby
Sun Mar 12, 2017 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: When should you replace a vehicle?
Replies: 52
Views: 3864

Re: When should you replace a vehicle?

Hello everyone. My wife and I currently have a 2003 Honda Pilot with 210,000 miles and a 2006 Toyota Sienna with 190,000 miles. Neither of them are the best looking vehicles, but they get the job done. I honestly cannot see the end in sight for either of them. Both vehicles combined worth about onl...
by letsgobobby
Sun Mar 12, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: FI, early retirement at 40, how to get relevant tax advice?
Replies: 46
Views: 5431

Re: FI, early retirement at 40, how to get relevant tax advice?

$120k per year excluding p&i is a nice living, is it consistent with your current standard of living? this is a big move and one that will be hard to undo.

also factor in health care.

3% is sustainable indefinitely.
by letsgobobby
Sun Mar 12, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth still confused on advantage
Replies: 16
Views: 1203

Re: Backdoor Roth still confused on advantage

backdoor roth is better than either non deductible TIRA or taxable. you don't have the option of deductible IRA due to your income and access to employer retirement accounts.
by letsgobobby
Sun Mar 12, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting For Kids
Replies: 25
Views: 1898

Re: Tax Gain Harvesting For Kids

to clarify, in order to realize $2000 tax free I have to have child file own tax return? if I want to avoid that, I can only realize $1000 tax free?
by letsgobobby
Sun Mar 12, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: LLC or other liability protection as landlord
Replies: 11
Views: 767

Re: LLC or other liability protection as landlord

jeesh, none of this sounds very good. seems like the most critical issue would be the 6plex, as the SFHs and duplexe could be covered under my personal umbrella (presuming I notify my insurance company, which I will). The problem with selling is the partner needs to come up with the cash, or take ou...
by letsgobobby
Sat Mar 11, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: LLC or other liability protection as landlord
Replies: 11
Views: 767

LLC or other liability protection as landlord

Hello, I own: a single family rental property in state A, where I live; am about to inherit: 1/4 share of a 6 plex in State B; 1/4 share of a duplex in State C; 1/2 share of a single family home in State B which we may sell or rent out. I am unlikely to be able to sell my shares in the 6plex or dupl...
by letsgobobby
Sat Mar 11, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: On Buying Used Cars and Using a Financial Advisor
Replies: 51
Views: 3429

Re: On Buying Used Cars and Using a Financial Advisor

InvestorNewb, My AUM fee started at 0.7% and has declined to 0.5% as I've accumulated assets. My average ER with Vanguard had been about 0.15% and with DFA funds it rose to about 0.4%. Since then I've sort of gone all in on small doses of the somewhat esoteric alternatives with very substantially h...
by letsgobobby
Thu Mar 09, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: Google wifi is awesome
Replies: 58
Views: 8106

Re: Google wifi is awesome

Ill second that it's not just a different brand of repeater. The Google wifi mesh is FAR superior to my pricey repeater. I don't know how it works but I read somewhere about intelligent handoffs between networks. OK, google forums says you can use with Comcast modem by changing modem to bridge mode...
by letsgobobby
Thu Mar 09, 2017 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Investing when market is peaking
Replies: 49
Views: 5112

Re: Investing when market is peaking

Is it prudent to "dive in" with index funds at a time when the market seems to be defying all logic on it's way to breaking records? Will the likely fed hike cool things down? I'm not expecting a full blown recession, I just feel like something has to give sooner than later. (or am I tryi...
by letsgobobby
Thu Mar 09, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 4973

Re: When & how much to donate?

There are 128 four-star Environmental Protection & Conservation charities listed on Charity Navigator: https://www.charitynavigator.org/index.cfm?keyword_list=&bay=search.results&EIN=&cgid=4&cuid=11&location=2&state=&city=&size=&scopeid=&overallrtg=4 Nice...
by letsgobobby
Thu Mar 09, 2017 1:39 am
Forum: Personal Consumer Issues
Topic: Google wifi is awesome
Replies: 58
Views: 8106

Re: Google wifi is awesome

I know this is as brazen a product plug as it gets, but I think it's warranted. I spent a lot of time and money trying to improve the wifi in my 2200ft house last year. The main problem was that the internet came in through a closet in one corner of the house, and my wife did not want to run extern...
by letsgobobby
Wed Mar 08, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 4973

Re: When & how much to donate?

I've come across lots of people who are cynical about charity because they've heard some horror story or complain about executive salaries (do you expect competent people to work for free managing an organization with dozens or hundreds of employees?). You could show them this, especially around th...
by letsgobobby
Wed Mar 08, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: Asset Placement Turned Upside Down, Bonds in Taxable?
Replies: 51
Views: 3877

Re: Asset Placement Turned Upside Down, Bonds in Taxable?

will you be eligible for FAFSA aid? if so it makes most sense to pay down your mortgage and have the smallest taxable investments possible before completing the FAFSA.
by letsgobobby
Tue Mar 07, 2017 1:33 pm
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6424

Re: Did you buy SNAP?

No, I did not. IMO this is a rip off for Total Stock Market Index investors. I mean this company doesn't make any money, it actually loses it. On the prospectus it declares that the company lose money and maybe will never make any of it. And on top of that, as a shareholder you don't have voting ri...

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