Search found 4659 matches

by mhalley
Sat Jul 22, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Going from 1099 to W2 and having trouble with cash flow
Replies: 9
Views: 247

Re: Going from 1099 to W2 and having trouble with cash flow

Are you setting up the calculator for biweekly and counting it as monthly?
Try this calculator and be sure to check it as monthly.
http://www.calculator.net/take-home-pay-calculator.html
by mhalley
Sat Jul 22, 2017 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to give for Gif Tax? Tax Best Practices?
Replies: 6
Views: 144

Re: How to give for Gif Tax? Tax Best Practices?

Yep, 1 donut and 1 Duff per gif.
by mhalley
Sat Jul 22, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: How to give for Gif Tax? Tax Best Practices?
Replies: 6
Views: 144

Re: How to give for Gif Tax? Tax Best Practices?

I don't know how legally binding a comment on a transfer is. I think it would be safer to write the seperate checks. So twentieth century! :oops: But I am not a lawyer and the last hotel I stayed in was Las Quintas, so what do I know? There is no problem giving more, it just means you have to fill o...
by mhalley
Fri Jul 21, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for Good Book on Personal Financial Planning?
Replies: 7
Views: 822

Re: Recommendation for Good Book on Personal Financial Planning?

Making the most of your money made a big impression on me many years ago. She has an updated version, but I have not read it. https://www.amazon.com/Jane-Bryant-Quinn-Making-Money/dp/B00N4EX12I/ref=sr_1_5?ie=UTF8&qid=1500693309&sr=8-5&keywords=jane+bryant+quinn Her retirement book I read...
by mhalley
Fri Jul 21, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 9
Views: 664

Re: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?

Can he not just mirror the aa in the account vanguard can't manage? The wiki has some tips on managing multiple accounts. https://www.bogleheads.org/wiki/Asset_allocation_in_multiple_accounts Otherwise a tr or lifestrategy fund would be a good idea. The lifestrategy funds have 20, 40, 60, or 80% sto...
by mhalley
Fri Jul 21, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Rick Ferri's Bond Portfolio at Fidelity
Replies: 2
Views: 631

Re: Rick Ferri's Bond Portfolio at Fidelity

The wiki has a fidelity page https://www.bogleheads.org/wiki/Fidelity But they don't list an equivalent junk bond fund as bogleheads prefer their risk on the equity side. I suppose an equivalent would be sphix. https://www.fidelity.com/fund-screener/evaluator.shtml#!&ft=TBND_HY%2CTBND_BL&ntf...
by mhalley
Thu Jul 20, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Totally Changing 401K Direction: Active to Indexing
Replies: 3
Views: 386

Re: Totally Changing 401K Direction: Active to Indexing

you can find many active funds that outperform their benchmarks for many years. They do great, until they don't. If you want to keep a few legacy managed funds while converting the majority of your funds to indexing, the boglehead police will not put on their swat gear and raid your house at two am....
by mhalley
Thu Jul 20, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Maxifi planner
Replies: 2
Views: 244

Maxifi planner

I have an unhealthy relationship with planning software. I play around with fire sim, fidelity tools, esplanner, I-orp etc. I see the folks from esplanner have a new tool called maxifi. It incorporates a lot of the tools from esplanner, plus ss advice (maybe using Koltlikoff maximize my social secur...
by mhalley
Thu Jul 20, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: SS survivor's benefit for my spouse
Replies: 15
Views: 995

Re: SS survivor's benefit for my spouse

My understanding is that collecting survivors benefits do not affect your benefits. So one way to maximize benefits is to continue collecting survivors benefits and let your benefits increase as long as possible, till 70 if you can afford it. This might not apply if husbands benefit was much higher ...
by mhalley
Thu Jul 20, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: 6 Index Funds That Are Cheaper than Vanguard
Replies: 4
Views: 971

Re: 6 Index Funds That Are Cheaper than Vanguard

I think the biggest improvement Vanguard could make would be to lower their minimums, at least to 1k like their tr and star funds. But with so much money pouring in it is not something they need to do.
by mhalley
Thu Jul 20, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: 74k in unrealized gains in a high fee, taxable account.
Replies: 5
Views: 559

Re: 74k in unrealized gains in a high fee, taxable account.

I would probably sell enough to allow you to keep your Roth this year, then sell the rest next year. Sounds like you will still be in 15% cap gains bracket if you marry. It is also not unreasonable to keep say 10% of your portfolio in some stocks.
by mhalley
Wed Jul 19, 2017 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4077

Re: Physician Compensation and Subspecialties

I don't know if any of your reimbursement is at all related to coding, but if so you might check out the happy hospitalist site lectures. He also has a bunch of humorous posts that might ease your pain while you decide what to do. He also has a link to salaries. http://thehappyhospitalist.blogspot.c...
by mhalley
Wed Jul 19, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: US and International Bond Fund Allocation
Replies: 35
Views: 1856

Re: US and International Bond Fund Allocation

Vanguard has a paper here
https://personal.vanguard.com/pdf/icrif ... 2_high.pdf
While vanguard has embraced them, bogleheads in general have not warmed up to intl bonds.
by mhalley
Wed Jul 19, 2017 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving one fund, looking for alternatives (GES)
Replies: 2
Views: 156

Re: Leaving one fund, looking for alternatives (GES)

Do you want to continue to have international exposure? Then go with vanguard total international. If not, total stock market.
That being said, dodfx is a decent fund, one of the few I kept after drinking the koolaid.
by mhalley
Wed Jul 19, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Would you let your teenager spend all his savings on a gaming computer?
Replies: 114
Views: 4818

Re: Would you let your teenager spend all his savings on a gaming computer?

I don't think it is that big a deal. He could probably go a little cheaper.
http://www.tomshardware.com/reviews/bes ... ,4390.html
Or else get a ps4 or xbox1.
The biggest thing will be that he knows there will be time limits on gaming and grade expectations.
by mhalley
Wed Jul 19, 2017 7:01 pm
Forum: Investing - Theory, News & General
Topic: Start Distributions from 401K and IRA
Replies: 1
Views: 242

Re: Start Distributions from 401K and IRA

In general, withdrawing from taxable accounts first, allowing the tax advantaged accounts to grow is deemed preferable. Then draw from trad Ira, saving Roth for last. I like having multiple places for my money, so I would not consolidate, but many do recommend it for simplicity. If you have large Ir...
by mhalley
Wed Jul 19, 2017 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling OLD employer account into solo 401K. Good/Bad Idea?
Replies: 4
Views: 408

Re: Rolling OLD employer account into solo 401K. Good/Bad Idea?

Do You now or in the future plan to do backdoor roths? If not you could just roll it to an Ira. Otherwise, saving what? .3-.4 er sounds good to me.
by mhalley
Wed Jul 19, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead's Guide to Investing second edition
Replies: 3
Views: 496

Re: Boglehead's Guide to Investing second edition

There is no one ideal portfolio. No one knows which will outperform. The 3 fund portfolio isn't in the bogleheads guide I believe. Bogle himself recommend no international funds. Many who slice and dice add Reits. Wci did an excellant post on 150 portfolios, all of which would work. https://www.whit...
by mhalley
Wed Jul 19, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Does this portfolio suck? [Slovakia - EU]
Replies: 12
Views: 896

Re: Does this portfolio suck?

That's a lotta small cap!
I don't know anything about investing from the eu, but came accross this post about it.
http://jlcollinsnh.com/2014/01/27/stock ... europeans/
by mhalley
Wed Jul 19, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4077

Re: Physician Compensation and Subspecialties

Ps you might post on the wci site also.
whitecoatinvestor.com/forums/
by mhalley
Wed Jul 19, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4077

Re: Physician Compensation and Subspecialties

I agree that 190 k is a little low for a hospitalist, esp in NYC . It is not uncommon for new attending to be under compensated until they learn what they are worth. Medscape says northeast avg is 232k. http://www.medscape.com/features/slideshow/compensation/2016/hospitalist#page=6 (looks like you n...
by mhalley
Wed Jul 19, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k Contribution
Replies: 6
Views: 319

Re: New 401k Contribution

I agree with 1984, reading the wiki is a wonderful education, plus reading a couple of the recommended books. They even have some videos if you learn better that way.
https://www.bogleheads.org/wiki/Getting_started
by mhalley
Wed Jul 19, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k Contribution
Replies: 6
Views: 319

Re: New 401k Contribution

Given those funds there are 2 ways to go. 1. Simple: use the tr fund that has the asset allocation and glide path you want (don't go by just the year.) this is the easiest, you set it and forget it, don't have to rebalance. The 2030 fund is currently 72/28 stocks/bonds, 2040 is 87/13. I would lean t...
by mhalley
Wed Jul 19, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm - Insurance checkup
Replies: 8
Views: 736

Re: State Farm - Insurance checkup

I got the call last year. I took the opportunity to increase my home insurance deductable, costing my agent some money. Probably not what he hoping for. :happy
by mhalley
Wed Jul 19, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Carryover losses & short-term versus long-term capital gains
Replies: 5
Views: 410

Re: Carryover losses & short-term versus long-term capital gains

1. Yes, they maintain their st vs lt status. http://finance.zacks.com/longterm-vs-shortterm-capital-loss-deduction-1447.html 2.you have to use up the short term carryover losses against short term gains before they can be applied to long term gains. These are more valuable than the long term losses ...
by mhalley
Tue Jul 18, 2017 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Review of significant AA portfolio change
Replies: 2
Views: 324

Re: Review of significant AA portfolio change

I don't think the vanguard ETFs are that much more tax efficient than the corresponding mf. The best way is to sell losers, sell gainers to offset the losers, pick an amount of capital gains you can live with and sell the most tax inefficient and highest er funds first. Since you are going sideways ...
by mhalley
Tue Jul 18, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: Complex (profitable?) Roth Conversion Strategy
Replies: 23
Views: 1614

Re: Complex (profitable?) Roth Conversion Strategy

Sounds like a reasonable plan. Kitces has a discussion over at his site.

https://www.kitces.com/blog/using-syste ... t-buckets/
by mhalley
Tue Jul 18, 2017 6:20 pm
Forum: Personal Consumer Issues
Topic: Trying to communicate with a young nephew using iPad
Replies: 1
Views: 235

Re: Trying to communicate with a young nephew using iPad

You might try skype instead, it has a screen share button.
https://support.skype.com/en/faq/fa1002 ... n-in-skype
I think you can screen share with iMessages but I'm not a Mac guy.
by mhalley
Tue Jul 18, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Funds for SIMPLE IRA
Replies: 3
Views: 248

Re: Mutual Funds for SIMPLE IRA

I am not sure what the difference is, probably the share class, maybe provide tickers. .72 er is kind of high, maybe look into the s&p fund.
Rrtdx vs trrdx maybe? Go with the cheapest er.
by mhalley
Tue Jul 18, 2017 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Advice
Replies: 7
Views: 1053

Re: Taxable Account Advice

Hmm not any etfs that are very bogleheadIsh. Some do like a value tilt to a portfolio, so maybe fval? Depending on how often you trade, you might be better off to pay for a cheaper etf. http://www.etf.com/FVAL You don't necc have to wait till 59.5, here is a post on strategies to get to retirement f...
by mhalley
Tue Jul 18, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Good Fidelity bond funds for IRA?
Replies: 11
Views: 845

Re: Good Fidelity bond funds for IRA?

Depends on what you define as "too much damage" it is possible to have a stock market crash of 40-50% in one year. So a 100% stock portfolio could lose 40-50%, and a 50/50 portfolio could lose 20-25%. This post discusses determining your aa based on the maximum loss you are willling to tak...
by mhalley
Tue Jul 18, 2017 1:40 am
Forum: Investing - Theory, News & General
Topic: Research Report: Post Retirement Needs and Risks
Replies: 4
Views: 801

Re: Research Report: Post Retirement Needs and Risks

Very interesting reading. 48% of those retiring at <50 did so with no spending plan? Wow. :oops:
by mhalley
Mon Jul 17, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Accumulating Bonds During Record Stocks
Replies: 5
Views: 830

Re: Accumulating Bonds During Record Stocks

It might not be market timing, perhaps adding to bonds later in the year is offsetting the gains of your large stock purchases plus unrealized capital gains. Not knowing the total portfolio value and how much money these dribs and drabs affects it makes it hard to tell if you are market timing or no...
by mhalley
Mon Jul 17, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: How Much Would You Spend on a Blender?
Replies: 43
Views: 2178

Re: How Much Would You Spend on a Blender?

It is very entertaining to see what people will throw in blenders. Blendtec has some cool videos up at http://www.willitblend.com/
If it will blend an iphone, it should work well for your smoothies.
by mhalley
Mon Jul 17, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: kitchen appliance recommendations, esp refrigerator
Replies: 32
Views: 1900

Re: kitchen appliance recommendations, esp refrigerator

Best option is to go to the library or get a brief online subscription to consumer reports and buy their Best Buys. If you can wait till the holidays you can save some money.
http://clark.com/deals-money-saving-adv ... y-holiday/
by mhalley
Sun Jul 16, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: Looking for Mobile MP3 Player, What Do You Use? Why?
Replies: 8
Views: 758

Re: Looking for Mobile MP3 Player, What Do You Use? Why?

What nefarious purpose will google fulfill by you using google play? By using an android device, you pretty much already give them access to almost everything you do. It is available on iOS and of course pc.
by mhalley
Sun Jul 16, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my Moms IRA, age 70 with 90% stocks
Replies: 21
Views: 1668

Re: Help with my Moms IRA, age 70 with 90% stocks

Well, why does she need 100k? Also, she certainly can't afford a new car, unless it is one of the cheapest ones they make. So she plans on taking out a 3% loan and putting it in a vehicle that returns 1%? The whole plan is so beyond the pale I don't know if you should be involved at all for when the...
by mhalley
Sun Jul 16, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help with my Moms IRA, age 70 with 90% stocks
Replies: 21
Views: 1668

Re: Help with my Moms IRA, age 70 with 90% stocks

Why On earth is she taking out a loan to invest in the stock market, ESP with markets at an all time high? Maybe a reverse mortgage would make more sense.
by mhalley
Sun Jul 16, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund portfolio - bond fund options
Replies: 44
Views: 1799

Re: 3-fund portfolio - bond fund options

Looking at the returns of pondx, I can only assume it is much riskier than a "normal" bond fund and might not play the role bond funds are designed to have in your portfolio. It has a high expense ratio and uses hedging and who knows what else to achieve its returns. Bond funds That I feel...
by mhalley
Sun Jul 16, 2017 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Need help balancing 401k options and Roth IRA
Replies: 16
Views: 916

Re: Need help balancing 401k options and Roth IRA

I would not say a tr fund is discouraged here that much, it is just that in general you can roll your own for a lower er. In your case, you can't, so having all your 401k in the s&p is fine. I think your portfolio is fine, but if you want to add something like intl or small cap you could use you...
by mhalley
Sun Jul 16, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help! no access to 401k
Replies: 11
Views: 916

Re: Help! no access to 401k

I think I have heard Clark Howard say that whole life might start to make sens above 400k income, you are still a way of from that.
by mhalley
Sun Jul 16, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Can my wife and I afford to retire in one year with our portfolio, pension, social security
Replies: 41
Views: 3642

Re: Can my wife and I afford to retire in one year with our portfolio, pension, social security

The 54 k does seem extremely low compared to your income. You would probably be fine even without your pensions. With them, you are golden. Enjoy your retirement.
by mhalley
Sun Jul 16, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Looking for Mobile MP3 Player, What Do You Use? Why?
Replies: 8
Views: 758

Re: Looking for Mobile MP3 Player, What Do You Use? Why?

For free google play allows you to put a huge number (50 thousand) of your personal mp3s in the cloud. I mostly listen while I'm on wireless, so I don't know how bad the data usage is. I see several articles that say it does have high usage, but also several articles on decreasing its usage. Making ...
by mhalley
Sun Jul 16, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with this "mess" of taxable accounts
Replies: 3
Views: 554

Re: Help me with this "mess" of taxable accounts

The stable value fund in the 401k can be a valuable addition to your fixed income portfolio. I have read several posts on the forum where the stable value fund had a great yield accompanied by less risk than some bond funds. My 401k on the other hand had a very mediocre svf. If you post more details...
by mhalley
Sun Jul 16, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 2161

Re: 18 year old first credit card recommendations

She might find it difficult being in college as the made it harder to get student cc until age 21 to get the college credit card. You could make her an authorized user on one of your cards. Her best bet might be a local credit union with a fresh start program. There is no need to make monthly purcha...
by mhalley
Sun Jul 16, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: I have a car and home on the same insurance policy if I drop the house how much will the car insurance go up?
Replies: 7
Views: 471

Re: I have a car and home on the same insurance policy if I drop the house how much will the car insurance go up?

Most of the time it makes sense to have them with the same company to obtain the discount, the amount of which varies by company. You might check your bill, sometimes they list the discounts that apply.
by mhalley
Sun Jul 16, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for dirt cheap commissions on DFA funds
Replies: 3
Views: 393

Re: Looking for dirt cheap commissions on DFA funds

I believe you have to have an advisor to buy dfa funds. That will cost a lot more than 20 bucks. You might check out wci post on dfa vs vanguard. . So in the end, if you are an educated and disciplined investor, don’t go out and hire an advisor just to get DFA funds. There is probably an advantage t...
by mhalley
Sat Jul 15, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Oops did I mess up? Pro-rata Roth IRA
Replies: 7
Views: 583

Re: Oops did I mess up? Pro-rata Roth IRA

1. I believe the IRS looks at the amount in the traditional Ira as of dec 31 of the year of conversion, so you Will be subject to the pro rata rule unless you roll the Ira into the 401k.
2. Yes
http://www.marketwatch.com/story/dont-l ... 2013-10-11
by mhalley
Sat Jul 15, 2017 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from TRP healthcare to Vanguard healthcare we
Replies: 6
Views: 440

Re: Moving from TRP healthcare to Vanguard healthcare we

The fund has outperformed in the past, but as with any managed fund, no one knows if it will continue. If you went with vanguard healthcare index, you could reduce the er even further, and I think it has outperformed the managed version.
Of course most do not recommend sector funds.

Go to advanced search