Search found 3157 matches

by mhalley
Wed May 25, 2016 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Forgiven Private Loan - Taxable Income?
Replies: 3
Views: 223

Re: Forgiven Private Loan - Taxable Income?

Since it is under the gift tax limit, I would say no.
by mhalley
Wed May 25, 2016 1:34 am
Forum: Personal Consumer Issues
Topic: gifting an iOS app without installing iTunes, is that possible?
Replies: 2
Views: 290

Re: gifting an iOS app without installing iTunes, is that possible?

iTunes is not great, but you could always install it, gift the app, then delete iTunes. You don't have to actually use it to manAge your music.
Perhaps this would work.

http://m.wikihow.com/Install-Apple-App-Store-on-Android
by mhalley
Wed May 25, 2016 1:09 am
Forum: Investing - Theory, News & General
Topic: Does anyone know how the loan limits work over multiple 401(k) accounts?
Replies: 13
Views: 734

Re: Does anyone know how the low limits work over multiple 401(k) accounts?

I think 50 k is the max, but you can only borrow up to half of what you have in the 401k. So for each 401k you would need 100k in there to borrow the 50k. Of course it is rare that borrowing from a 401k is a good move. I don't know if there are any rules for borrowing from multiple 401ks. http://www...
by mhalley
Mon May 23, 2016 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's the deal with credit freeze charges?
Replies: 22
Views: 1331

Re: What's the deal with credit freeze charges?

I forgot about the pull for opening a cd, I was thinking you would only need to unfreeze for getting a loan. Still, it is cheaper than a monthly credi monitoring service.
by mhalley
Mon May 23, 2016 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Sell all my company stock prior to transfer to Vanguard?
Replies: 10
Views: 910

Re: Old 401k has 33% in company stock - what are my options?

Paying the capital gains rate on it is great, but you have a much higher risk owning an individual stock. The tax on a stock that goes to zero is zero! How much he of your overall portfolio is in the individual stock? Most would not recommend having more than 10% in one stock.
by mhalley
Mon May 23, 2016 11:16 am
Forum: Personal Finance (Not Investing)
Topic: What's the deal with credit freeze charges?
Replies: 22
Views: 1331

Re: What's the deal with credit freeze charges?

Various states have different fees for this, so yes, it is possible to have the fee regulated. I wouldn't call a $10 charge that happens what, every 5 years or so exorbitant. You don't usually need to have all 3 unfrozen, just ask the creditor which one they use and unfreeze that one. If you are nee...
by mhalley
Mon May 23, 2016 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Excessive Expense Ratios for Index Funds in 401(k)
Replies: 10
Views: 658

Re: Excessive Expense Ratios for Index Funds in 401(k)

Sorry you are being ripped off. See the wiki on how to campaign for a better 401k.

https://www.bogleheads.org/wiki/How_to_ ... tter_401(k)_plan
by mhalley
Sun May 22, 2016 7:16 pm
Forum: Personal Consumer Issues
Topic: starting a very small business - extension of a hobby?
Replies: 19
Views: 1267

Re: starting a very small business - extension of a hobby?

You might try selling online at etsy.com. There are many small crafters there. https://www.etsy.com/search/handmade?ref=auto2&explicit_scope=1&q=jewelry&order=most_relevant&view_type=gallery&ship_to=US Here is a site with info on minimum wage and commissions, but there may also b...
by mhalley
Sun May 22, 2016 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Getting Rid of High-Performing Individual Stock
Replies: 8
Views: 819

Re: Getting Rid of High-Performing Individual Stock

It's ok to have a little individual stock, but 37% is way too much. I would at least pare it down to 10%. As that old chestnut goes, Bulls make money, bears make money, but pigs get slaughtered.
by mhalley
Sun May 22, 2016 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Wait it out at Merrill Edge or Liquidate for Betterment?
Replies: 17
Views: 1415

Re: Wait it out at Merrill Edge or Liquidate for Betterment?

If you are set on having a robo advisor, you might consider the schwab intelligent portfolio or wisebanyan and forgo the fees. Best is to do it yourself with help from this forum. https://www.nerdwallet.com/blog/investing/wisebanyan-review/ https://www.nerdwallet.com/blog/investing/charles-schwab-in...
by mhalley
Sat May 21, 2016 11:57 pm
Forum: Personal Consumer Issues
Topic: Which HBO show to watch next?
Replies: 50
Views: 3665

Re: Which HBO show to watch next?

I enjoyed big love but was not a fan of the others. I also liked VEEP, Deadwood, Curb Your Enhusiasm, and Six Feet Under.
And the best of all, True Blood! Carnivale was good, but not everyone's cup of tea.
by mhalley
Sat May 21, 2016 11:51 pm
Forum: Personal Consumer Issues
Topic: windows 10
Replies: 4
Views: 565

Re: windows 10

O, I wanted to add a general warning. You may come accross sites/downloads that offer to speed up your pc. Most of these are either scams or malware, so be very careful of anything that offers to do this for you. Also beware of sites that offer to update your drivers or software.
by mhalley
Sat May 21, 2016 10:56 pm
Forum: Personal Consumer Issues
Topic: windows 10
Replies: 4
Views: 565

Re: windows 10

You can use dslreports for several Internet speed tests. Windows itself has a Windows experience that show a general overview of your pc.
http://windows.microsoft.com/en-us/wind ... =windows-7
by mhalley
Sat May 21, 2016 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Tax-efficiency mistake!
Replies: 13
Views: 1288

Re: Help! Tax-efficiency mistake!

Bonds in taxable may not be so bad. Check out wci take on it.
http://whitecoatinvestor.com/asset-loca ... n-taxable/
I would also prefer something that will appreciate a lot more than bonds in my Roth.
by mhalley
Sat May 21, 2016 10:39 pm
Forum: Investing - Theory, News & General
Topic: preffered stock ETFs for income during retriemt
Replies: 7
Views: 769

Re: preffered stock ETFs for income during retriemt

Vanguard used to have a preferred stock fund but they closed it. If vanguard doesn't think having a preferred stock fund in their stable of funds is a good idea, that is a good enough reason for me not to own them
by mhalley
Fri May 20, 2016 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Terrible 401k options...what to do?
Replies: 17
Views: 854

Re: Terrible 401k options...what to do?

People post about their "terrible" 401ks here all the time, and this is one of the worst that I have seen posted. The fact that you are one of the owners of the business and can't get it changed is what is truly terrible. Your partners are robbing their employees (and you) of potentially t...
by mhalley
Thu May 19, 2016 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to move fr Fid manage to VG index or Fid indx
Replies: 10
Views: 535

Re: Best way to move fr Fid manage to VG index or Fid indx

Vanguard, fidelity and schwab all have access to inexpensive passive mutual funds. Read about investing there on the wiki. If you already have the $ at Fido, there is no real reason to move. You want to look at their Spartan funds.

https://www.bogleheads.org/wiki/Fidelity
by mhalley
Thu May 19, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Fixed vs. Variable Student Loan Rates
Replies: 4
Views: 368

Re: Fixed vs. Variable Student Loan Rates

Wci had a reply to this question here: http://www.hcplive.com/physicians-money-digest/personal-finance/fixed-versus-variable-loans "The Bottom Line An adjustable rate loan will “win” most of the time and the more flexible your financial life the more you can afford the consequences when it does...
by mhalley
Thu May 19, 2016 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Kiplingers recommends 8 great Vanguard funds for retirement
Replies: 11
Views: 1580

Re: Kiplingers recommends 8 great Vanguard funds for retirement

Bogleheads are generally not dividend investors. Check out vanguards white paper on total return investing. https://personal.vanguard.com/pdf/s352.pdf "The current low-yield environment is leading many investors to focus on only one piece of their portfolio’s total return, namely, the income re...
by mhalley
Thu May 19, 2016 11:10 am
Forum: Personal Consumer Issues
Topic: Best credit card deal
Replies: 60
Views: 4294

Re: Best credit card deal

I believe Clark Howard say that unless you are a very frequent flier, then airline mile cards are not worth it. He generally likes cashback cards. If you are getting the cards just to improve credit rating, I would get at least 2, and utilize less than 20% of the credit. You can use this site to hel...
by mhalley
Wed May 18, 2016 12:32 pm
Forum: Investing - Theory, News & General
Topic: The inventor of the 401(k) says he created a ‘monster’
Replies: 28
Views: 4653

Re: The inventor of the 401(k) says he created a ‘monster’

More horrible than the lousy plans and hidden fees is the demise of the pension coupled with the fact that many people choose to not invest, invest in the wrong thing, take out loans and cash out their plan when they leave their jobs. The 401k wasn't really designed to be a replacement for the retir...
by mhalley
Wed May 18, 2016 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Move USAA Managed Funds to Vanguard
Replies: 11
Views: 558

Re: Move USAA Managed Funds to Vanguard

There are no taxes involved in moving the money in Roth accounts. If the moderately aggressive portfolio is in a taxable account, then you would pay capital gains tax on any gains. The general go to strategy here is the three fund portfolio, consisting of total stock market, total international stoc...
by mhalley
Tue May 17, 2016 2:55 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting - S&P 500 vs TMI vs ACWI ex US
Replies: 21
Views: 786

Re: Tax Loss Harvesting - S&P 500 vs TMI?

That is correct. However, the two funds are different, so this could throw off your AA, so you might add extended market also. The wiki has some info on tlh you might review.
https://www.bogleheads.org/wiki/Tax_loss_harvesting
http://www.bogleheads.org/wiki/Wash_sale
by mhalley
Tue May 17, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Most affordable option for a will
Replies: 61
Views: 3611

Re: Most affordable option for a will

Clark Howard is a heavy proponent of having a will, and he recently shamed one of his emplyoyees into doing his will. I think he used will maker. That being said, with a minor to be the primary beneficiary I would fell better if I had a will and trust drawn up by a lawyer. I don't think just a will ...
by mhalley
Tue May 17, 2016 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Best beginner options
Replies: 24
Views: 1689

Re: Best beginner options

So you are saying that you have absolutely no self control, and if you keep your credit cards open you will rack up the cards to the max the next time something shiny catches your eye? I know that having open cc can cause many people to lose track of their spending, but you might want to consider th...
by mhalley
Tue May 17, 2016 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k plan offerings...how do i tell?
Replies: 15
Views: 1084

Re: Fidelity 401k plan offerings...how do i tell?

When fidelity includes access to Spartan funds that generally means it is pretty good. The other funds are not too bad, but the Spartan funds makes the plan way above average. The bond fund isn't great but is pretty good. The intl fund is about average or a little better. Your funds currently don't ...
by mhalley
Mon May 16, 2016 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Take my SS at 62 or wait?
Replies: 123
Views: 9226

Re: Take my SS at 62 or wait?

Your asset allocation should be more concerning than when you take ss. Your Roth is not going to keep up with inflation at 90% bonds. You should strongly consider going to. 30/70 stocks to bonds, or something like a tr income or Wellesley income fund.
by mhalley
Mon May 16, 2016 11:52 am
Forum: Investing - Theory, News & General
Topic: Roth 401(k) in a 28% bracket thoughts
Replies: 14
Views: 1756

Re: Roth 401(k) in a 28% bracket thoughts

Only two things in life are certain: death and taxes. We don't know when and how much taxes will change in the future. It is all well and good to anticipate how much taxes you will be paying 30 years from now, but there is no way of knowing if all of these calculations will be even close to the actu...
by mhalley
Mon May 16, 2016 11:32 am
Forum: Investing - Theory, News & General
Topic: When is the last time Vanguard altered target date allocations?
Replies: 8
Views: 1059

Re: When is the last time Vanguard altered target date allocations?

The wiki has a detailed history. https://www.bogleheads.org/wiki/Vanguard_target_retirement_funds Summary: launched 2003. 2006 increased stock allocation 10-20%. 2010 changed intl funds from 3 portfolios to one broad index, increased intl stock allocation 10-20%. 2013 added intl bonds, making them 2...
by mhalley
Sun May 15, 2016 11:34 pm
Forum: Personal Consumer Issues
Topic: Audio doesn't work in Chrome but does in Internet Explorer
Replies: 5
Views: 565

Re: Audio doesn't work in Chrome but does in Internet Explorer

You might try disabling hardware acceleration. I think this is how to do it, if not google the how to. Step 1. Open Google Chrome and click the three horizontal lines icon to the far right of the address bar. Now choose Settings. Step 2. At the bottom of the page click on 'Show advanced settings…' S...
by mhalley
Fri May 13, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: TSP to Vanguard?
Replies: 23
Views: 1569

Re: TSP to Vanguard?

Most bogleheads would envy having a TSP account. I can't think of any compelling reason to move it anywhere.
by mhalley
Thu May 12, 2016 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Medical legal help
Replies: 5
Views: 633

Re: Medical legal help

An online forum is certainly not the place to get an opinion on medical malpractice. I would suggest you see a medical malpractice lawyer for an opinion. My gut reaction is there is not much to warrant a lawsuit as the child ended up doing fine.
by mhalley
Thu May 12, 2016 1:45 am
Forum: Investing - Help with Personal Investments
Topic: Index funds - Invest
Replies: 6
Views: 1789

Re: Index funds - Invest

What you want to do is choose an asset allocation, then implement it by looking at your portfolio as a whole. You can do this several ways. The wiki discusses asset allocation accross multiple accounts. https://www.bogleheads.org/wiki/Asset_allocation_in_multiple_accounts You can open a taxable acco...
by mhalley
Wed May 11, 2016 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: 38 Want to retire in 8 years
Replies: 9
Views: 3482

Re: 38 Want to retire in 8 years

Having a mixture of taxable, tax free and tax deferred accounts gives you more flexibility in your taxable income in retirement. The exact amount to put in each is somewhat difficult to figure out. You might try using i-orp and run several scenarios with putting x amount in different accounts and se...
by mhalley
Wed May 11, 2016 12:17 pm
Forum: Personal Consumer Issues
Topic: Best Monitoring Service for all three Credit Bureaus
Replies: 1
Views: 689

Re: Best Monitoring Service for all three Credit Bureaus

Why do you feel you need such a service? If you are that concerned, freeze your credit and then you won't have to worry. Otherwise, use something like credit Karma. I use credit karma and check one of my free reports each quarter at annualcreditreort.com. I think I will soon be freezing tho.
by mhalley
Wed May 11, 2016 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation review / suggestions
Replies: 8
Views: 1088

Re: Asset allocation review / suggestions

I doubt admiral shares are available at extrade. One option would be to buy the ETF version of the vanguard fund, but a better solution migh be to move assets to vanguard.
by mhalley
Tue May 10, 2016 10:48 pm
Forum: Personal Consumer Issues
Topic: Sci-Fi ... your favorite movies and episodes??
Replies: 145
Views: 11963

Re: Sci-Fi ... your favorite movies and episodes??

I was SO disappointed in the recent x files mini season. I loved Lexx. Ds9 was great, I especially enjoyed the time travel back to the trouble with tribbles episode.
Orphan Black is my fav sf show right now.
by mhalley
Tue May 10, 2016 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: 38 Want to retire in 8 years
Replies: 9
Views: 3482

Re: 38 Want to retire in 8 years

Very early retirement poses some challenges. Once you retire, are you going to live off husbands salary until you turn 55?
You might check out early retirement extreme.
http://earlyretirementextreme.com/
As long as you have cheap index funds, you don't need to move to Vg.
by mhalley
Tue May 10, 2016 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Can I use myRA to build up the minimum for Roth IRA investment
Replies: 4
Views: 361

Re: Can I use myRA to build up the minimum for Roth IRA investment

A better option would be to buy the ETFs instead of messing with having to transfer in and out of the Myra.
by mhalley
Tue May 10, 2016 11:11 am
Forum: Investing - Help with Personal Investments
Topic: 18 year College Bound Roth IRA advice
Replies: 11
Views: 760

Re: 18 year College Bound Roth IRA advice

Retirement accounts are not considered as assets for calculating college financial aid, as long as their are no distributions. http://m.kiplinger.com/article/college/T042-C001-S001-how-roth-iras-affect-financial-aid-eligibility.html Good luck with leaving ej, there are many threads here where folks ...
by mhalley
Tue May 10, 2016 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA cannot deduct from Income tax
Replies: 43
Views: 2689

Re: Traditional IRA cannot deduct from Income tax

Depending on the total amount in the 401k, they may force her to roll it into an Ira. I think overall this might be a good thing, because in the long run she will be much better off in retirement with a Roth than with a traditional Ira.
by mhalley
Mon May 09, 2016 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advisor at 0.03% [actually 0.3%]
Replies: 53
Views: 7984

Re: Vanguard advisor at 0.03%

If you don't need any hand holding you might not need an advisor. Their recommendation usually looks very similar to their target date fund. But for .03% I would do it. :) not for .3% tho.
by mhalley
Mon May 09, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: 18 year College Bound Roth IRA advice
Replies: 11
Views: 760

Re: 18 year College Bound Roth IRA advice

Congratulations on having a Roth at such a young age and Welcome to the Forum! I don't think you need to have a custodian any more if you are 18. Asset allocation depends on when you want the money. If you want to use the Roth as a retirement account, then you want to be very aggressive, and have so...
by mhalley
Mon May 09, 2016 4:01 pm
Forum: Personal Consumer Issues
Topic: Drill chuck only accepts 1/4" hex bits
Replies: 17
Views: 1155

Re: Drill chuck only accepts 1/4" hex bits

Will this convert the hex driver to use regular drill bits?
http://www.amazon.com/Keyless-Change-Ad ... pter+shank
by mhalley
Sun May 08, 2016 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Edward Jones to Vanguard
Replies: 40
Views: 3674

Re: Moving Edward Jones to Vanguard

The standard boglehead portfolios is the 3 fund portfolio, consisting of total stock market, total international stock market and total bond market. https://www.bogleheads.org/wiki/Three-fund_portfolio Whether you want intl is a personal decision. Bogle himself doesn't think you do, but vanguard rec...
by mhalley
Sun May 08, 2016 6:20 pm
Forum: Personal Consumer Issues
Topic: Email Hacked
Replies: 38
Views: 3528

Re: Email Hacked

My email was hacked recently and kept getting hacked despite changing the PW to gobbledygook using a PW generator. I ran malware bytes etc and couldn't find any malware's. Out of an abundance of caution i wiped the c drive and reinstalled windows and also installed Ubuntu for future email and web su...
by mhalley
Sat May 07, 2016 9:11 pm
Forum: Investing - Theory, News & General
Topic: Help talk me out of this...
Replies: 25
Views: 1996

Re: Help talk me out of this...

One thing op is missing is that 10 years is not a long enough period of time. You will be investing in mutual funds for app. 60 years, 10 years is a small blip in that period of time. There will be many mutual funds that outperform for a short period of time, but ones that do so for 60 years are ext...
by mhalley
Fri May 06, 2016 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Post College Personal Finance Plan
Replies: 6
Views: 669

Re: Post College Personal Finance Plan

The 6% match is a no brainer. Start with that and then max out your Roth. You want to aim for 15% of salary toward retirement and lbyom to save as much as possible for the down payment.
by mhalley
Thu May 05, 2016 11:28 am
Forum: Personal Consumer Issues
Topic: 2 years left, what % would refi make sense
Replies: 6
Views: 832

Re: 2 years left, what % would refi make sense

Might be better off with a home equity loan due to the low balance.
by mhalley
Wed May 04, 2016 12:05 pm
Forum: Personal Consumer Issues
Topic: How to properly fire a painter?
Replies: 10
Views: 2340

Re: How to properly fire a painter?

I am no lawyer, but I don't think a memo on a check counts as a binding legal agreement. I would talk with the painter, and ask how much for him to stop now and go away, then get that in writing.

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