Search found 3970 matches

by mhalley
Thu Feb 23, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: trading with ira
Replies: 8
Views: 334

Re: trading with ira

The only problem you run into is if you try to trade in a taxable account and want to be able to take a loss on a stock or a mutual fund. This is called tax loss harvesting. See the wiki on this. Otherwise, you can trade all you want in an Ira, although bogleheads do not recommend this. Howmuch of y...
by mhalley
Thu Feb 23, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Can't get a really good scan of a black-and-white photo
Replies: 15
Views: 812

Re: Can't get a really good scan of a black-and-white photo

If you are willing to pay big bucks there are photo labs that specialize in making quality b&w prints. Here is a random one I google searched. http://digitalsilverimaging.com/about Here is what they tout: No Tone Disruption. DSI uses a light source, exposing a silver gelatin layer within the pap...
by mhalley
Wed Feb 22, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Flexible Investing Options for Children
Replies: 7
Views: 475

Re: Flexible Investing Options for Children

Definitely do ANYTHING except the Life Insurance. It is a horrible deal. IF you put the money in a 529 and she doesn't go to college, then you would have penalties on using the money. If you put the money in an UTMA account, it is her money at the age of majority, and if she wants to buy her Bad Boy...
by mhalley
Wed Feb 22, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting review of my IPS (Doctor)
Replies: 23
Views: 1363

Re: Doctor requesting review of my IPS

The only recommendation I would have is to go ahead and set your glidepath instead of revisiting your AA every 5 years.
by mhalley
Tue Feb 21, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about 401k to IRA conversions, backdoor?
Replies: 3
Views: 208

Re: Confused about 401k to IRA conversions, backdoor?

This is just an Ira rollover. In the mega, the regular 401k is converted to Roth. The mega part is that you get more than $5500 into a Roth. Old 401k has several advantages over an Ira in regards to liability protection. If the plan has good funds, then it might be a good idea to keep it at the 401k...
by mhalley
Tue Feb 21, 2017 3:15 am
Forum: Investing - Theory, News & General
Topic: IRA distributions from Schwab via EFT?
Replies: 7
Views: 402

Re: IRA distributions from Schwab via EFT?

I logged into my schwab account tonight to ask your question, and the rep said that once you filled out the form and linked the accounts, future withdrawals could be done online.
by mhalley
Tue Feb 21, 2017 2:44 am
Forum: Investing - Theory, News & General
Topic: IRA distributions from Schwab via EFT?
Replies: 7
Views: 402

Re: IRA distributions from Schwab via EFT?

Maybe this is too cumbersome, but how about opening a bank account with schwab, I think you might have to open a brokerage account also), then transfer the funds from the ira to schwab bank or brokerage account then to your bank. Don't know how long this would take, but maybe faster than a snail mai...
by mhalley
Tue Feb 21, 2017 2:35 am
Forum: Investing - Help with Personal Investments
Topic: HSA investment advice and tax question
Replies: 4
Views: 612

Re: HSA investment advice and tax question

1. No knowledge in this area. Hopefully someone else can help. 2. No, you can can transfer a hsa with no problems if it is a trustee to trustee transfer. "An HSA rollover may take place only once a year. The year is not a calendar year, but a rolling twelve month period beginning on the day whe...
by mhalley
Mon Feb 20, 2017 1:00 am
Forum: Personal Consumer Issues
Topic: Any Chromebook experts?
Replies: 13
Views: 1348

Re: Any Chromebook experts?

I don't see the chromebook listed as comparable with downloading at the website, but android devices are. This is a total guess, but I wonder if you could work around this by enabling the google play store, installing that Amazon video app and using that to do it? Here is a list of chromebook that m...
by mhalley
Sun Feb 19, 2017 1:43 am
Forum: Personal Consumer Issues
Topic: Any Chromebook experts?
Replies: 13
Views: 1348

Re: Any Chromebook experts?

Chromebook s are supposed to be comparable with Amazon prime. You might ask you questions over here. http://chromespot.com/forum/ Or https://productforums.google.com/forum/#!forum/chromebook-central Plus. A hint about the exact problem or error message might help with troubleshooting. You might try ...
by mhalley
Fri Feb 17, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: How should I buy WisdomTree DLS ETF shares?
Replies: 4
Views: 328

Re: How should I buy WisdomTree DLS ETF shares?

Paying commissions is not necessarily bad if they are a very small portion of the trade. If you are paying $75 every month to buy $1000 worth of a mutual fund, that is way too much. If you are paying $7 twice a year on a $10000 trade, that is a different story. Vanguard charges commissions based on ...
by mhalley
Fri Feb 17, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: Replacing our cable box
Replies: 8
Views: 666

Re: Replacing our cable box

I have the TIVO Roamio, which is not that old, but the Netflix app is crap. I get lots of times where the show just stops, and I can't get it to continue. So I mostly watch netflix on my Roku. But the Amazon Video app on the Tivo is fine. I still have my old cable box because I do want the on demand...
by mhalley
Fri Feb 17, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: BofA HSA dropping Vanguard Funds
Replies: 19
Views: 1717

Re: BofA HSA dropping Vanguard Funds

With that much money you might check out select account.
https://www.selectaccount.com/
by mhalley
Fri Feb 17, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisors and their fund picks
Replies: 10
Views: 1006

Re: Financial Advisors and their fund picks

The reason they do it is to make it look like investing is complicated, and you need someone to help you with this thing that is basically rocket science and brain surgery combined. Also, since an active fund can often underperform its benchmark, by having you in more funds there is a better chance ...
by mhalley
Fri Feb 17, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Replacing our cable box
Replies: 8
Views: 666

Re: Replacing our cable box

I use a TiVo with cable card with my cable company. If you want DVR features, TiVo has much better features than my cable DVR. If you pay for lifetime service you might eventually come out ahead, but it will take a long time. But you do lose the on demand features.
by mhalley
Fri Feb 17, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA with Dozens of Individual Stocks - Liquidate First or Let Vanguard Do It?
Replies: 8
Views: 463

Re: Inherited IRA with Dozens of Individual Stocks - Liquidate First or Let Vanguard Do It?

If there is no charge to liqudate the stocks there, then I would certainly try to avoid the fees for liquidation at vanguard.
by mhalley
Fri Feb 17, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 439
Views: 183128

Re: TV show recommendations?

If you liked Westworkd you might give Humans a try. Another take on sentient androids. Season 2 just started on AMC. "based on the award-winning Swedish science fiction drama Real Humans, the series explores the themes of artificial intelligence and robotics, focusing on the social, cultural, a...
by mhalley
Thu Feb 16, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can hearing aids (medical devices) be a medical expense, as an itemized deduction?
Replies: 4
Views: 269

Re: Can hearing aids (medical devices) be a medical expense, as an itemized deduction?

Yes, providing medical expenses were greater than 10% of income. From IRS.gov "If you itemize your deductions for a taxable year on Form 1040, Schedule A (PDF), Itemized Deductions, you may be able to deduct expenses you paid that year for medical and dental care for yourself, your spouse, and ...
by mhalley
Wed Feb 15, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Can I unify all my investment accounts in one?
Replies: 39
Views: 1859

Re: Can I unify all my investment accounts in one?

This is one of the reasons that Simplicity is revered on this forum. That being said, you should look at the asset allocation of your total portfolio, and not try to have the same as in each individual account if the portfolio is complicated. Particularly there is no reason to duplicate individual s...
by mhalley
Wed Feb 15, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5672

Re: Reopening Roth after a panic move - need advice on investment

The problem with tr 2015 is that it will get even more conservative with time. In 7 years from 2015 it will be 30/70. You could move the funds to a different tr fund every few years to maintain the 45/55allocation, but perhaps a better solution would be a combo of a lifestrategy fund and a bond fund...
by mhalley
Wed Feb 15, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for early-ish retirees? [type of account for pre-59.5 expenses]
Replies: 9
Views: 954

Re: Investing for early-ish retirees? [type of account for pre-59.5 expenses]

A taxable account would be best to draw from first. Then you would only be paying capital gains and dividend taxes while your retirement accounts grow, and possibly allow for Roth conversions. You can run some scenarios at i-orp. https://www.i-orp.com/ORPparms.html As I was planning on retiring and ...
by mhalley
Wed Feb 15, 2017 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth with old existing nondeductible tIRA?
Replies: 5
Views: 244

Re: Backdoor Roth with old existing nondeductible tIRA?

Open the traditional Ira and Roth at vanguard or whatever and then rollover the existing traditional Ira to a Roth. How long ago did she open the Ira? Did she file form 8606 to establish a basis? She might have to pay a $50 penalty for failing to file it. https://www.thebalance.com/forgot-to-file-fo...
by mhalley
Wed Feb 15, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling Over IRA to Crappy 401k in order to backdoor roth
Replies: 22
Views: 1321

Re: Rolling Over IRA to Crappy 401k in order to backdoor roth

If you really don't want to rollover the money to your average 401k, you could start a side business in order to open a solo 401k, and rollover the Ira to that. Something easy like being an uber driver would work. Make sure the 401k will accept rollovers, i don't think vanguards does, but fidelity i...
by mhalley
Wed Feb 15, 2017 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Rolling Over IRA to Crappy 401k in order to backdoor roth
Replies: 22
Views: 1321

Re: Rolling Over IRA to Crappy 401k in order to backdoor roth

1. I think it is a good idea. There is always the possibility the plan will improve. You put 6 years of Roth contributions in an average plan to get potentially 30 years of Roth contributions in a great plan. 2. Not if it is closed "If you decide to keep your TSP account, you can continue to al...
by mhalley
Tue Feb 14, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Pay extra principal on mortgage or invest in mutual fund?
Replies: 6
Views: 441

Re: Pay extra principal on mortgage or invest in mutual fund?

This comes down more to a gut feeling than a financial one. The rate is so low that paying it down is probably not the best financial move, but there is something very satisfying about being debt free. As Dave Ramsey says, the grass between your toes feels much better with no mortgage. As long as yo...
by mhalley
Tue Feb 14, 2017 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 6402

Re: Credit cards vs. Cash

I used to think it was silly when I would go to some check out and see someone buy something for less than $20 or so and pay with a cc. I stopped thinking that way, and now take advantage of my cc rewards when I go to Basking Robbins and buy my grandaughter a milkshake for $4. Plus, it is usually fa...
by mhalley
Tue Feb 14, 2017 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Another Roth Rollover question
Replies: 5
Views: 356

Re: Another Roth Rollover question

You are not limited on the number of roth conversions you can do. Funding a non deductable ira does not increase taxes. https://www.irs.gov/retirement-plans/ira-one-rollover-per-year-rule Since you have money in a traditional ira, you might run into some complications due to the pro rata rule. I am ...
by mhalley
Tue Feb 14, 2017 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Viability Question
Replies: 1
Views: 156

Re: ROTH IRA Viability Question

Many people like Roths so much that they continue to contribute even after they are phased out due to income and have to do the backdoor roth. In order to know right answer you have to go into a time machine and see what your future retirement income and tax bracket will be. Right now all we can do ...
by mhalley
Tue Feb 14, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Can I unify all my investment accounts in one?
Replies: 39
Views: 1859

Re: Can I unify all my investment accounts in one?

Fee? Why are you paying fees? Especially MASSIVE ones. There are plenty of places that have no fees for various mutual funds or ETFs. If you are buying stocks, well, STOP IT!. :D One thing you might do is use a financial aggregator so you can see all of your positions in one place. vanguard and fide...
by mhalley
Tue Feb 14, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: Why Bull and Bear?
Replies: 11
Views: 892

Re: Why Pull and Bear?

I suppose you mean a Bull and not a Pull? From investopedia: The bear and bull markets are named after the way in which each animal attacks its victims. It is characteristic of the bull to drive its horns up into the air, while a bear, on the other hand, like the market that bears its name, will swi...
by mhalley
Tue Feb 14, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Please help! Father is addicted to Timeshares
Replies: 19
Views: 2462

Re: PLEASE HELP! Father is addicted to TIMESHARES

Is there any chance that he is in mental decline? Or perhaps Depressed? Does he actually use the timeshares? Certainly it is possible that he knows what he is doing, but just be on the alert for early dementia. Unfortunately it is pretty hard to get rid of time shares, so you may want him to set up ...
by mhalley
Tue Feb 14, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5672

Re: Closed my Roth IRA due to political uncertainty - mistake???

Vanguard has a nice little page about asset allocation, including a nice little slider that shows the yearly gains/losses of various asset allocations by using a slider. For example, if you put in a 50/50 allocation it shows a -22.4% drop in 1931, -15.74% in the crash of 74 and -16.07% loss in 2008....
by mhalley
Tue Feb 14, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5672

Re: Closed my Roth IRA due to political uncertainty - mistake???

To hopefully make this post not a political rant, let me say that OF COURSE the stock market will crash at some point. That is the nature of the markets. Here is a post from 2013 with a history of market declines. http://thereformedbroker.com/2013/08/20/a-field-guide-to-stock-market-corrections/ A f...
by mhalley
Tue Feb 14, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: What are the best Vanguard ETF's for an aggressive Roth IRA?
Replies: 9
Views: 976

Re: What are the best Vanguard ETF's for an aggressive Roth IRA?

Bogleheads do not try to swing for the fences, we just want to get a base hit. Therefore, total stock market VTI AND Total international stock market VXUS. If you wanted to tilt to small, then you could add small value VBR.
Check out this ebook for millennial.
https://www.etf.com/docs/IfYouCan.pdf
by mhalley
Tue Feb 14, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: IRA Question
Replies: 1
Views: 112

Re: IRA Question

Married filing jointly With 401k makes you ineligible for deductable ira. Your spouse can have a deductable Ira. The cutoff for that is 184k, see table 1-3 at the IRS link. You might consider a backdoor Roth for yourself if you desire to increase your retirement contributions. http://www.marketwatch...
by mhalley
Tue Feb 14, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Faith in Vanguard shaken after seeing wrong name on my 1099 & Statements
Replies: 28
Views: 3613

Re: Faith in Vanguard shaken after seeing wrong name on my 1099 & Statements

All companies make mistakes. What makes a company good is how they correct them.
by mhalley
Tue Feb 14, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Pay off car loan early or contribute to Roth IRA(s)?
Replies: 17
Views: 833

Re: Pay off car loan early or contribute to Roth IRA(s)?

I would not pay off a 0.9% loan. You can contribute to 2016 Roth until tax day. Maxing out roths is always a good idea if you can afford it. You don't have to report Roth contributions to the IRS.
https://www.irahelp.com/slottreport/rot ... keep-track
by mhalley
Tue Feb 14, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: RMD extra funds
Replies: 2
Views: 236

Re: RMD extra funds

I think that could make it worse. If anything, Roth conversions Might be better, but who's knows how they will means test? AGI, Taxable assets, retirement assets? Making major financial changes due to the possibility of something happening in the future is not a good idea imho. Did you know that ss ...
by mhalley
Mon Feb 13, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: 37-yr-old new investor with Vanguard
Replies: 7
Views: 806

Re: 37-yr-old new investor with Vanguard

I just wanted to mention, if you are self employed there are several other ways to save for retirement in addition to IRAs if you desire to put more money away than the 5500 each.
http://whitecoatinvestor.com/small-busi ... ent-plans/
by mhalley
Mon Feb 13, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: 37-yr-old new investor with Vanguard
Replies: 7
Views: 806

Re: 37-yr-old new investor with Vanguard

Bogleheads do not generally recommend portfolios of growth or dividend funds. The go to recommendation here is the three fund portfolio, consisting of total stock market, total bond market and total international stock market. Some like to add Reits, and some like to "tilt" to small or val...
by mhalley
Mon Feb 13, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: Continuous rebalancing in a tax-sheltered account?
Replies: 4
Views: 372

Re: Continuous rebalancing in a tax-sheltered account?

No one knows the Ideal rebalancing timing. Some say yearly, some quarterly, some use rebalancing bands, I think Otar says every four years during election cycles, etc. Doing it yourself may allow access to lower cost admiral funds, depending on which funds you use. Letting Vanguard do it (balanced f...
by mhalley
Mon Feb 13, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with daughter's $100
Replies: 73
Views: 3989

Re: What to do with daughter's $100

I would invest $69 of it in a course at Dave Ramsey's Financial Peace University. As for actually investing small sums, I think Schwab has the best brokerage for that. But I agree she should be saving for first and last and security deposit.
by mhalley
Mon Feb 13, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth Strategery
Replies: 6
Views: 740

Re: Backdoor Roth Strategery

You are correct, if you have zero in trad Ira on dec 31, no pro rata problems.
by mhalley
Mon Feb 13, 2017 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Converting a new Roth to a Traditional IRA
Replies: 20
Views: 869

Re: Converting a new Roth to a Traditional IRA

I realized I didn't actually answer your question. But if you really want to conver the Roth to a traditional, this is just a recharacterization. http://www.investopedia.com/articles/retirement/03/092403.asp Here is vanguards recharacterization page. https://personal.vanguard.com/us/insights/taxcent...
by mhalley
Mon Feb 13, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: Converting a new Roth to a Traditional IRA
Replies: 20
Views: 869

Re: Converting a new Roth to a Traditional IRA

A Roth generally is better when you are in a lower tax bracket, and younger age, so I don't think it is a great idea to switch it to a tira. There are a few financial bloggers that are not fans of the Roth, but the vast majority of financial experts prefer roths, even for those in higher tax bracket...
by mhalley
Sun Feb 12, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Can my wife and I contribute to our T-IRA?
Replies: 13
Views: 572

Re: Can my wife and I contribute to our T-IRA?

Exactly. Eliminating Tira allows for backdoor Roth. Whether this is a good idea depends on the funds available in the 401k and desire to do future backdoor Roth's. Not all 491k allow for this, so check with your hr department.
by mhalley
Sun Feb 12, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Can my wife and I contribute to our T-IRA?
Replies: 13
Views: 572

Re: Can my wife and I contribute to our T-IRA?

Most would say not to contribute to a non deductable tira unless you plan to convert it to a Roth. This is called doing a back door roth. This would be complicated if you have money in tira already do to the IRS pro rata rule. So if you have trad Ira you need to do something with them. Check out the...
by mhalley
Sun Feb 12, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: College student looking for advice
Replies: 24
Views: 1239

Re: College student looking for advice

The thing about no stocks is that the portfolio won't keep up with inflation. If you are extremely Leary of stocks, you might go with a little old lady portfolio of 70% bonds. I assume that this would be in taxable, so you would use muni fund instead of total bond bund in the 3 fund portfolio, but I...

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