Search found 3049 matches

by mhc
Thu Apr 28, 2016 3:56 pm
Forum: Investing - Theory, News & General
Topic: Almost bought an individual stock today...
Replies: 21
Views: 1264

Re: Almost bought an individual stock today...

I have no stomach for individual stocks. I have seen them soar and then sink to new lows. It is similar to when my DW was pregnant with our first child. Every time I made breakfast sausage, she would vomit. Because of those experiences, she no longer eats breakfast sausage. Those experiences scarred...
by mhc
Wed Apr 27, 2016 3:46 pm
Forum: Personal Consumer Issues
Topic: Options for Two Months of Cash Flow?
Replies: 6
Views: 495

Re: Options for Two Months of Cash Flow?

Exactly how much money do you need for the essentials? Could you live with family or friends for two months to cut down on expenses? I would try to avoid touching retirement funds. I would just live a bare bones lifestyle for two months. There seems to be lots of car offers with very low interest ra...
by mhc
Wed Apr 27, 2016 3:23 pm
Forum: Personal Consumer Issues
Topic: Should I accept this offer on my house?
Replies: 52
Views: 2831

Re: Should I accept this offer on my house?

I would counter their offer. Think about what your bottom line is. You could consider $440k + $5k/$10k cash at closing. Some people need the extra cash at closing.
by mhc
Wed Apr 27, 2016 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Tax-efficiency vs. incurred capital gains
Replies: 12
Views: 748

Re: Tax-efficiency vs. incurred capital gains

Welcome to the forum! I would not take the tax hit. I would stop reinvesting dividends into it and stop buying more shares of it in your taxable account. If you donate to charity regularly, you could start donating shares of it directly or through a DAF. Bonds aren't producing much right now, so the...
by mhc
Wed Apr 27, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Help me convince my spouse
Replies: 31
Views: 2438

Re: Help me convince my spouse

I think most people on this forum have made bad financial decisions. This does not mean you have to or will continue to make bad financial decisions. Try to learn from your mistakes. This forum follows a philosophy that is easy to implement and does well. There are real facts behind this philosophy....
by mhc
Wed Apr 27, 2016 8:28 am
Forum: Personal Consumer Issues
Topic: fairly new router keeps checking out, get a new one?
Replies: 22
Views: 1278

Re: fairly new router keeps checking out, get a new one?

You need to figure out your user name and password, or you should be able to reset the router to factory settings. Make sure the firmware is up to date. When you restart the router, make sure you physically unplug all power from it and wait a little bit before reconnecting the power. What does Googl...
by mhc
Tue Apr 26, 2016 11:48 am
Forum: Personal Finance (Not Investing)
Topic: What to tell your child about Bill for tax preparation
Replies: 47
Views: 3831

Re: What to tell your child about Bill for tax preparation

I would tell him that it is reasonable for full service. I would go on to explain that there are less expensive options. Only your child can determine if it is a good value or not.
by mhc
Tue Apr 26, 2016 10:50 am
Forum: Personal Consumer Issues
Topic: Teens cutting lawns and liability
Replies: 9
Views: 1473

Re: Teens cutting lawns and liability

I started working for neighbors when I was 5. In high school I mowed full time. Never got injured. Never knew anyone who got injured. Never thought about lawsuits or insurance. I guess times were different. People would offer us a beer after a job (we were only 16 years old, drinking age 18). One wi...
by mhc
Mon Apr 25, 2016 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: How to find a good financial planner?
Replies: 7
Views: 642

Re: How to find a good financial planner?

There are a couple of sources at the bottom of the wiki page: https://www.bogleheads.org/wiki/Financial_planner From you past posts, you seem new to this. I would recommend being patient and spending a little more time learning. Then post your portfolio and plan for review. You may just find you don...
by mhc
Mon Apr 25, 2016 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Want a new vehicle, but can't "justify" spending?
Replies: 25
Views: 2218

Re: Want a new vehicle, but can't "justify" spending?

Sounds like you can afford the truck, so sell the car and buy the truck. You work to pay for the lifestyle you want. The truck sounds like a better fit for your lifestyle. You have have to decide if the improvement in current lifestyle is worth the cost of working a little longer before you can reti...
by mhc
Fri Apr 22, 2016 11:55 am
Forum: Investing - Help with Personal Investments
Topic: What's the deal with long term gov bonds?
Replies: 26
Views: 1829

Re: What's the deal with long term gov bonds?

I can't use google.docs right now because I am at work. The intermediate Fidelity bond fund that most would recommend is Spartan US Bond Index which tracks the Barclay's US Aggregate Bond Index. It holds a mix of government and corporate bonds. The one you are referencing is government only.
by mhc
Fri Apr 22, 2016 11:37 am
Forum: Investing - Help with Personal Investments
Topic: What's the deal with long term gov bonds?
Replies: 26
Views: 1829

Re: What's the deal with long term gov bonds?

Most go with an intermediate bond index. That is what is in target retirement funds.
by mhc
Thu Apr 21, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: What's the deal with long term gov bonds?
Replies: 26
Views: 1829

Re: What's the deal with long term gov bonds?

One of the main purposes of bonds is to reduce the risk of your portfolio. LT bonds introduce some of their own risks. Most people around here would recommend a total bond index. Look at the Target Retirement Funds. That is what they tend to use. Don't over think your portfolio. Read about the 3 fun...
by mhc
Thu Apr 21, 2016 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: SOS: How to reallocate in DFA 401k without access to unrealized gain/loss?
Replies: 6
Views: 237

Re: SOS: How to reallocate in DFA 401k without access to unrealized gain/loss?

You should be able to log into your accounts at any time and see their current value. That is the value. If you sell it, that is what you get. You may be falling into the sunken cost behavioral error. The Fair Market Value of your funds are what they are worth. It doesn't matter how much you paid fo...
by mhc
Thu Apr 21, 2016 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: SOS: How to reallocate in DFA 401k without access to unrealized gain/loss?
Replies: 6
Views: 237

Re: SOS: How to reallocate in DFA 401k without access to unrealized gain/loss?

In a 401k you don't track unrealized gains/losses. You can move money between funds without any tax consequences. If you are getting your portfolio to where you want it, there is no need to look at gains/losses in tax advantaged accounts. Just move to the fund you want.
by mhc
Wed Apr 20, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for college/loans and closing/borrowing from retirement?
Replies: 7
Views: 391

Re: Paying for college/loans and closing/borrowing from retirement?

Since you don't have a very large emergency fund, I would take the loans and be aggressive as possible in paying them off. I would assume your wife's income would go up dramatically once she graduates. This should enable you to pay off the loans quickly.
by mhc
Wed Apr 20, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for college/loans and closing/borrowing from retirement?
Replies: 7
Views: 391

Re: Paying for college/loans and closing/borrowing from retirement?

You should include interest rates on loans.

Do you have any other debt?
by mhc
Wed Apr 20, 2016 1:49 pm
Forum: Investing - Theory, News & General
Topic: What is "wrong" with having more funds in a portfolio?
Replies: 70
Views: 3437

Re: What is "wrong" with having more funds in a portfolio?

I would sell any with losses and then with gains up to amount of losses. Then decide if something is worth selling with CG to pay taxes on. Turn off any reinvestment. Set basis to specific Id if not there already. Then continue to sell losses if they occur on any lots with losses. Good advice above...
by mhc
Wed Apr 20, 2016 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Don't Include 529s in Portfolio, Correct?
Replies: 14
Views: 1217

Re: Don't Include 529s in Portfolio, Correct?

I have a retirement portfolio with its own AA. I have an educational portfolio for each child with each of those having its own AA. Since money is fungible and the goal is to optimize all your assets, it would not be incorrect to place retirement funds in a 529 and educational funds in a 401k if thi...
by mhc
Tue Apr 19, 2016 11:48 am
Forum: Investing - Theory, News & General
Topic: What is "wrong" with having more funds in a portfolio?
Replies: 70
Views: 3437

Re: What is "wrong" with having more funds in a portfolio?

The potential problem I see is that holding multiple funds in the same class (e.g., Large Cap) may limit your ability to TLH. If you have your TLH strategy worked out with good options, then the only issue would be the extra work of having so many funds. More than likely 1 large cap fund would be su...
by mhc
Tue Apr 19, 2016 9:52 am
Forum: Personal Consumer Issues
Topic: Cell phone - Separating work from life
Replies: 18
Views: 1590

Re: Cell phone - Separating work from life

I do not have a work cell phone. Only 1 person at work has my cell phone number. We work very closely together and travel together several times a year. He does not abuse it, just as I don't abuse having his cell phone number. If I travel with other co-workers, I may give them my cell phone number. ...
by mhc
Mon Apr 18, 2016 4:54 pm
Forum: Personal Consumer Issues
Topic: How To Stay Motivated in Employment When You Might Have Enough?
Replies: 71
Views: 7715

Re: How To Stay Motivated in Employment When You Might Have Enough?

I believe people need to have goals. If the goal of your working was to have financial independence, then you need to set a new goal. A new mountain to climb. It may or may not involve your current job. I am most fulfilled and motivated when I am productive. I measure my productivity by achieving go...
by mhc
Mon Apr 18, 2016 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: How To Find My (retirement) Number?
Replies: 64
Views: 4478

Re: How To Find My (retirement) Number?

I have a number that I have been using for the last 5 years, and I would like to retire within 10 years. I also have milestone numbers. The numbers are really just easy things to remember to see if I am on track. There are so many variables that are hard to predict, so the further you are from retir...
by mhc
Mon Apr 18, 2016 2:59 pm
Forum: Investing - Theory, News & General
Topic: Emergency fund needed?
Replies: 17
Views: 1593

Re: Emergency fund needed?

If the stock market fell 50% tomorrow, and then shortly thereafter you were struck with a number of unplanned expenses (car wreck, roof repair, etc.), are you confident you could cover the bills without drawing on your massively reduced stock portfolio at a time that stocks would probably be at a l...
by mhc
Mon Apr 18, 2016 1:49 pm
Forum: Investing - Theory, News & General
Topic: Emergency fund needed?
Replies: 17
Views: 1593

Re: Emergency fund needed?

Since you are retired, your entire portfolio is an emergency fund. It is just a matter of liquidity and/or cash flow. If your credit card can cover an emergency until you can sell some of your portfolio, you are fine. If not, you may want to hold some cash in a local bank. I'm not retired and I don'...
by mhc
Sun Apr 17, 2016 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: How Did You File Your Income Taxes for 2015?
Replies: 101
Views: 3814

Re: How Did You File Your Income Taxes for 2015?

Turbo Tax online

I had always done them by hand, but when I got married we rented out my DW condo. I didn't want to learn all the tax laws for rentals, so I started using TT. Even though we sold the condo about 5 years ago, I continue to use TT because it is so much faster than doing it by hand.
by mhc
Tue Apr 05, 2016 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Price matching to Amazon
Replies: 24
Views: 2044

Re: Price matching to Amazon

Best Buy will also price match Amazon as well as other stores.
by mhc
Tue Apr 05, 2016 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Not able to deduct my tIRA contributions so . . .
Replies: 3
Views: 468

Re: Not able to deduct my tIRA contributions so . . .

Until you can move your IRA's to 401k's, I would skip it. How about an HSA? Do you have a qualifying high deductible medical plan? HSA can be used like an IRA. A taxable account is your next option for investing. A taxable account can be very tax efficient. Another option might be paying down debt, ...
by mhc
Tue Apr 05, 2016 11:59 am
Forum: Personal Consumer Issues
Topic: Office Phone Cord always bunched up
Replies: 13
Views: 862

Re: Office Phone Cord always bunched up

I use a Plantronics wireless headset. It is great. I can walk around during calls. It has enough range to make it to the break room, restroom, and my car. It's wonderful. I hate being tethered.
by mhc
Tue Apr 05, 2016 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund at Fidelity
Replies: 2
Views: 363

Re: Emergency Fund at Fidelity

Do a long term time plot of a short term bond fund at fidelity. If it looks stable enough for you, then go with that.
by mhc
Tue Apr 05, 2016 10:33 am
Forum: Investing - Theory, News & General
Topic: Are Bogleheads too conservative?
Replies: 135
Views: 12805

Re: Are Bogleheads too conservative?

Everyone wants to invent a better mouse trap.

Being a boglehead does not mean being conservative. There are plenty of bogleheads with 100% equity AA. I think bh's just tend to have a better grasp of risk and adjust accordingly.
by mhc
Tue Apr 05, 2016 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Safe withdrawal rate with zero growth
Replies: 38
Views: 2745

Re: Safe withdrawal rate with zero growth

Let him take the 2%. If over time the portfolio does experience real growth, he will see it balloon. Then he can adjust his 2% up. This learning experience won't hurt him.

Instead of a fun job, he should spend some time learning about investing.
by mhc
Mon Apr 04, 2016 12:15 pm
Forum: Investing - Theory, News & General
Topic: DCA considerations
Replies: 56
Views: 3513

Re: DCA considerations

Scenario 1: If it is basically a lateral move from bad stock/bond funds to good stock/bond funds, do it immediately Scenario 2: The odds say dump it all in at once. Don't DCA. Lump summing can be a hard pill to swallow for some. How much time you spread it over, depends on the individual. Once upon ...
by mhc
Fri Apr 01, 2016 10:29 am
Forum: Personal Consumer Issues
Topic: Five Best National Parks to Visit?
Replies: 99
Views: 6524

Re: Five Best National Parks to Visit?

Yellowstone/Tetons Arches/Canyonland Glacier Mesa Verde Mount Rushmore/Badlands I grouped together NP's that were close to each other. If you see one of them, you might as well see the other. I chose these because they each have something unique that is hard to see else where. All the NP's are amazi...
by mhc
Thu Mar 31, 2016 8:22 am
Forum: Personal Consumer Issues
Topic: xfinity solar ??????
Replies: 3
Views: 395

Re: xfinity solar ??????

I got it also. Seemed a little strange to me.

I know my city would like everyone to generate their own home electricity, so maybe someday I will look into it more deeply.
by mhc
Wed Mar 30, 2016 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: taxes: capital loss carryover question
Replies: 8
Views: 485

Re: taxes: capital loss carryover question

Is there such thing as short-term capital gains distributions? Yes, there is, but it will not be reported on a 1099-DIV that way. Here is the distributions tab of Vanguard Total Bond Market Index fund VBTLX: https://personal.vanguard.com/us/funds/snapshot?FundId=0584&FundIntExt=INT#tab=4 Do you...
by mhc
Wed Mar 30, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: taxes: capital loss carryover question
Replies: 8
Views: 485

Re: taxes: capital loss carryover question

This is because mutual fund short-term capital gains distributions are not treated as short-term capital gains. Is there such thing as short-term capital gains distributions? IRS Publication 564 page 2 under Capital Gain Distributions doesn't refer to the distributions as short or long, but capital...
by mhc
Wed Mar 30, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchase Programs & Vesting Stock Options
Replies: 5
Views: 374

Re: Employee Stock Purchase Programs & Vesting Stock Options

In general, non-qualified stock options should not be exercised when they vest, even if they are above water and especially if not underwater. Options have value due to the freedom to exercise them when you want (extrinsic value). In general it is best to exercise the options once they have very lit...
by mhc
Tue Mar 29, 2016 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Which Engineering Discipline for the next 20+ years !!!
Replies: 122
Views: 6828

Re: Which Engineering Discipline for the next 20+ years !!!

I'm a EE in IC design. I believe analog IC design still has a longer life than many of the digital design disciplines before it becomes too much of a commodity. It should be good for at least another 20 years. It pays very well especially if you are a top performer.
by mhc
Tue Mar 29, 2016 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Dropping Full Coverage Auto Insurance
Replies: 6
Views: 639

Re: Dropping Full Coverage Auto Insurance

If you can self insure, do it. I would drop comprehensive and collision assuming you don't owe anything on the vehicle.
by mhc
Thu Mar 24, 2016 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: leveraged retirement contribution vs. loan payoff
Replies: 1
Views: 192

Re: leveraged retirement contribution vs. loan payoff

If in 2 years you will be making $250k, then I would not accept the family loan. In two years you will be making plenty to save and pay off debt. This would avoid any issues that may arise from taking a family loan. Two years is not that long.
by mhc
Thu Mar 24, 2016 12:14 pm
Forum: Personal Consumer Issues
Topic: Birthday Gift To Techie Husband
Replies: 38
Views: 2399

Re: Birthday Gift To Techie Husband

Something along the lines of a drone makes sense.

Here are some random thoughts:
fishing poles
soccer ball and goals
lawn games
jogger
bike trailer
backpack to carry the child on hikes
by mhc
Wed Mar 23, 2016 11:01 am
Forum: Investing - Help with Personal Investments
Topic: take money from expiring HELOC for opportunities
Replies: 8
Views: 321

Re: take money from expiring HELOC for opportunities

Danger, danger Will Robinson!

I wouldn't borrow money at a variable rate which is currently at 3% to get a 2.42% return before taxes.

Figure out your life plan before making financial moves.
by mhc
Wed Mar 23, 2016 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Has your definition of "a lot" of money changed?
Replies: 57
Views: 4973

Re: Has your definition of "a lot" of money changed?

Yes.

young kid: new watch was a lot of money
kid: buying a bike was a lot of money
teenager: used car was a lot of money
young adult: new car was a lot of money
college graduate: new house was a lot of money
middle aged: retiring is really a lot of money
by mhc
Wed Mar 23, 2016 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Financially, how have you done/doing vs. your parents?
Replies: 134
Views: 10183

Re: Financially, how have you done/doing vs. your parents?

I am doing better. My dad grew up poor, graduated high school at 16, and was then on his own. He did very well for where he started. We always had plenty and took nice vacations. No complaints. My parents are enjoying a nice retirement with no financial worries. I took it up another notch higher tha...
by mhc
Wed Mar 23, 2016 8:18 am
Forum: Personal Consumer Issues
Topic: Green thumbs - multiple plant and flower recommendations
Replies: 1
Views: 205

Re: Green thumbs - multiple plant and flower recommendations

I would recommend going to your local nursery (not a big store with a nursery) and talking to them. They should be able to make recommendations for your local area. There are also county and/or university extension services that have a lot of good information about which plants to use for your area....
by mhc
Tue Mar 22, 2016 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Confused by Tax loss Harvesting (TLH)
Replies: 9
Views: 622

Re: Confused by Tax loss Harvesting (TLH)

One advantage of TLH is the interest free loan aspect that you may never have to pay back again. In your scenario, you could write off $3k of losses against income every year. Then you die before you ever sell the ETF, and your heirs get a stepped up cost basis. It is very common that normal income ...
by mhc
Tue Mar 22, 2016 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax
Replies: 13
Views: 1018

Re: Turbo Tax

I had 30 some pages of tax forms for federal and state this year. Turbo Tax handles all the forms I care about. With supporting documents from TT, it comes to about 120 pages. Wow. Do you guys file electronically? Yes. Single W-2 income, index fund investment portfolio, 2 backdoor Roths, and itemiz...
by mhc
Tue Mar 22, 2016 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Passwords
Replies: 14
Views: 1485

Re: Vanguard Passwords

As others have said, it allows you access to someone else's account. My DW has little to no interest in investing. She has given me the authorization to access her account from my login. This way I can make her IRA contributions and then convert them to her Roth. I have given her permission to my ac...

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