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mega317

Horrible advice above. Put it on red.

PM me. I have some free trades I'll invest in whatever you want and send back the earnings minus a cut.

mega317

How do you have losses worth harvesting?

mega317

IMHO, you are looking at this totally wrong. I agree but in a different way. Your goal is to get a job that will boost your chances of getting into medical school? 1. Who cares about pay and benefits? You won't be there long. 2. Why not just keep doing what you're doing and volunteer at a hospital ...

mega317

If it's in a taxable account, it should be a tad more time efficient for you to sell the funds, get EJ to ACH you the money (if you get a call from their adviser, tell them you're buying a nice Mercedes or a house or something)... I agree. I just want to point out that it can be hard for some peopl...

mega317

So does it make more sense to just take some of the VBTLX in my Roth IRA and "converting" them into VTSAX so as to balance the asset mix of our entire portfolio... It sound like you've already figured this out. I would do the same. It doesn't really matter which fixed-income investment you use for ...

mega317

Very important points made above. I just wanted to run your current numbers to see your trajectory. Here is my summary of your numbers. Current invested assets: 320+90+70 = 480k Contributions: 18+9+1.8k = 28.8k per year. We'll take the 529s separately later. One question is what rate of return are y...

mega317

Sounds like your only concern is time. You can easily shop for a week or more each trip. Like suggested above make a lot and freeze leftovers. I'm on day 3 of a big lasagna right now. I save a lot of time cleaning what I can while the food cooks, and double duty the rest of the dishes with some medi...

mega317

Just learn to fold the suit and pack it in a hard-sided rolling carryon. There are plenty of videos on YouTube about how to fold and pack a suit. Yep, do this. What are you interviewing for? If medical school or residency I can say no one cares if you have a few wrinkles, I would save the money. Th...

mega317

I have to ask, no bonds?

mega317

Are you just taking the income thrown off by the fund or will you be selling shares? If you'll be selling shares, consider this: "Even though I love target-date funds for accumulators,” says Christine Benz, director of personal finance at Morningstar, “most all-in-one funds are suboptimal when it c...

mega317

1. When I google super charged Roth I get mostly suggestions for what we call a mega-backdoor Roth, nothing for insurance. You're being had. If you contribute 13k for 30 years plus your $75k that's $450k put in. It will grow to payout 5 million from 70-85? If the market does that it doesn't matter w...

mega317

It looks like your tax rate will be 0 so it doesn't matter what you invest in from that standpoint. You would save a few hundred dollars in expense ratio by breaking it into admiral shares of the components.

Your plan seems fine to me. I'm a little jealous of the simplicity and of your lifestyle.

mega317

The thing that strikes me is you don't seem to have one cohesive plan, more like a little of this, a little of that. I feel like if I just add all the different areas, I should maybe just put all of it into VTSAX. I agree. ...also brought me back to the, "should I just buy all VTSAX question." I'd s...

mega317

Emergency funds: Several years worth Can you elaborate on this? Why such a large emergency fund? How many absolute dollars and how much relative to the rest of your portfolio? Where is it held? One could consider counting that in fixed income allocation or buying bonds with part of that money. (Or ...

mega317

My advice is to thoroughly research the medical facilities that specialize in treating this type of cancer. If you have to move across the country to be closer to one of the best ones, fine. And to research the exact doctors and care providers who will be taking care of your husband, to ensure that...

mega317

You could buy VTSAX and use options to effectively short those 5 stocks; I don't know how options work.

mega317

It is easy to see, given the strong performance of US
equities in both absolute and relative terms, why many are suggesting they are the only asset you need
to own.

Who is this "many" you speak of? I haven't read or head that anywhere. It's right there in the citations hahaha.

mega317

I'm thinking the only thing I can do is manually enter each dollar spent on a Excel sheet. I pretty much do this. Every month I sit down with my spreadsheet and credit card statements and plug it all in. Only takes a few minutes. And I wouldn't say each dollar--I ignore a lot of the smaller stuff. ...

mega317

Some of your questions exceed my knowledge of HSAs. Hopefully others can help. I do know the HSA contribution limit is lower for solo coverage as opposed to family. My employer and google tell me $3400. What I might do if your kids are healthy is move them to your HDHP to increase your contribution ...

mega317

Wow you're in good shape. Affirmation from me. Monthly fixed expenses are about $1.5k This is the statement of a future wealthy person. At the low end of your income range I am calculating about 165k leftover after taxes, 401k and IRA contributions, and expenses. I would clear the loans tomorrow. Yo...

mega317

What's the rate on the auto loan, and how big is the emergency fund? Depending on the numbers I'd consider paying off the car and then rebuilding the emergency fund with the increased cash flow.

mega317

Hyperborea wrote: ↑
Tue Aug 15, 2017 2:27 pm

mega317 wrote: ↑
Tue Aug 15, 2017 2:08 pm
How much do you expect to spend on the house? $350k is a lot of scratch.
All depends on where he is planning to live. In some places that'll get you a broom closet and in others a mansion.

I think that's intended as a down payment. Different story if paying cash for the house.

mega317

In my opinion caring for a toddler, while usually fun, is often times not fun, certainly doesn't qualify as "chilling at home", and it's more than 90 hours/week. A two year old shouldn't even be awake 90 hours/week. Life is often times not fun. I can understand that someone would not desire to be a...

mega317

How much do you expect to spend on the house? $350k is a lot of scratch.

mega317

Haha you wouldn't LET your spouse? Maybe OP's spouse has a say in this decision. Jeff: Do you have the option of working fewer than 90 hours a week and then spending some time "chilling at home" before you retire "super early"? In my opinion caring for a toddler, while usually fun, is often times no...

mega317

It could be worse. What are your expenses? 200k minus taxes and PITI leaves very roughly 100k. Plus roommates might help with the mortgage payments. With my expenses I could manage that payment and get rid of the debt in just a few years. And I have a family in HCOL. Not sure what Friend's expenses...

mega317

Welcome to the forum! One issue is that the 2025 fund will get more conservative soon. Do you want to do the same or stay at 60/40 for a while? You would just have to be mindful of that. Another issue is your proposed alternate plan has no small-cap stocks and no international. In my opinion you wou...

mega317

I don't know the answer to your question. Rather than worrying about this can you just pay the tuition directly?

mega317

It could be worse. What are your expenses? 200k minus taxes and PITI leaves very roughly 100k. Plus roommates might help with the mortgage payments. With my expenses I could manage that payment and get rid of the debt in just a few years. And I have a family in HCOL.

mega317

Thank you for finding those old threads. That post is a service to the forum and maybe to the OP.

I haven't read all of those threads but I would be interested to hear OP's exact concern, and to see the numbers (size of EF, tax bracket) to show him/her how little it matters.

mega317

You can avoid Chase's monthly fee on the checking account with $500 direct deposit. You can set up your direct deposit and then immediately ACH the money out. I like having Chase in my life; they provide beautiful medallion signature guarantees and lollipops.

mega317

Rattlenap: you have posted multiple times about your emergency fund. Last week you specifically said VBIRX is too risky for you. What else do you want to hear? What do you do for work? You might be able to make way WAY more money working one extra shift or a little overtime than you would by super-m...

mega317

-Things to look for in a savings/checking account aside from fees, flexibility and interest rates? Customer service. You can read on this site the many experiences good and bad of the various banks providing high-yield savings; that's of course anecdotal. You definitely shouldn't pay any fees. My r...

mega317

For others reading this thread: just go to fidelity.com on your phone's browser. No need for an app.

mega317

Keep $5,500 for your 2018 Roth IRA. Invest that on January 1st of 2018. Invest that today in taxable, then move it to Roth on Jan 1. That is an option. Just be aware that the $5,500 might be $3,700 or $4,300 or $5,800. With 4 months to go, I would probably just keep it safe. But, if taxable is goin...

mega317

I disagree with KlingKlang. Taking care of a 2 year old all day every day is hard. I have never done it when cold outside but I bet that's 10 times as hard. 2 year olds do parallel play, but it's valuable and they do learn socialization from it. Have you ever seen a room of 2 year olds? Does the day...

mega317

TheOscarGuy wrote: ↑
Tue Aug 15, 2017 9:09 am
I currently have the 2% venture card with annual fees.

What is the benefit of keeping the Venture after getting the sign up bonus? There are plenty of 2% cards without annual fees.

mega317

bloom2708 wrote: ↑
Tue Aug 15, 2017 8:07 am
Keep $5,500 for your 2018 Roth IRA. Invest that on January 1st of 2018.

Invest that today in taxable, then move it to Roth on Jan 1.

mega317

Protagonist: I completely agree with your plan, that is how I think of it too.

protagonist wrote: ↑
Mon Aug 14, 2017 10:43 pm
very little light pollution... ...as a city of 167K population there will be a lot of ambient light.

Just a follow up question because this also crossed my mind: it will be daytime so won't most lights be off?

mega317

So this is obviously a bad idea, but since I don't know much about these things I googled to find out exactly why it is a bad idea. When you search "life insurance vs. 529" the results are surprisingly balanced: Investopedia: When contrasted with a 529 plan, life insurance has a couple of nice benef...

mega317

I think many people do as you are describing. I have all of my bonds in my 403b and the rest of my 403b, 457, 401a, Roths, and taxable are stocks.

mega317

Move to costal SoCal. No lightning, no thermostats

mega317

First, welcome to the forum. You're off to a very good start. How did you arrive at this combination of funds? Do you know what your asset allocation is currently? TBH at your age and asset level it doesn't matter what you hold. Much more important is funding a sufficient emergency fund and clearing...

mega317

Straight cash--a lot of options Wells Fargo Cash Wise $200 for 1k spend. Amex Blue Cash Preferred $150 for 1k spend. BofA cash rewards $150 for 500 spend Ally $100 for 500 spend Barclay Cash Forward $200 for 1k spend The list goes on and on just google any bank you can think of, look at NerdWallet a...

mega317

I've used Dependable Auto Shippers twice. First time was great, no problems. Second time we paid for an enclosed trailer. They picked up the car and kept it at their local lot for over a week, which is fine. While it was still local, but we had already left, they called to say there was no space in ...

mega317

If the patient uses a PC I'd stick with a PC. Who wants to learn a new operating system when they're in the hospital? Use their own laptop if they already have one, or one can easily be had for the price of an iPad or less.

mega317

Hint we just read from an eclipse chaser: Get an eye patch for one eye, and put it on a bit before totality. Then take it off as totality hits, and one eye will already be acclimated to the "darkness". Anyone know if this would make a difference? Mythbusters tested night vision after using an eye p...

mega317

Perkunas wrote: ↑
Sun Aug 13, 2017 7:34 pm
Of the non-target retirement funds, approximately half are non-Fidelity funds and I'm therefore disregarding those entirely.

Just curious did you rule those out before considering them? My Fidelity 403b offers some Vanguard funds.

mega317

Niam wrote: ↑
Sun Aug 13, 2017 10:21 am
I've read a few different threads on people trying to figure out what to do short-term with particular amounts

Then you've already come to the conclusion that there are few options and it hardly matters what you do. I agree with the majority above: Ally no penalty CD is perfect for you.

mega317

I think this might be a "money is fungible" situation (I've never posted that before!). Why not put some specific amount more or less than 13.5k into this plan? Once the windfall is yours it's just like your other money. In general I think it can sometimes make sense to pay for liquidity--I have wri...

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