Search found 126 matches

by mojorisin
Tue Apr 18, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1966

Re: Starting "web site business". Need an LLC?

Agreed. I have some research to do. Let me ask this: can I start work (paying) my web developer to start the project and pay him out of my personal checking, etc. Its going to take a few months. It gives me time to get the project under development. Then go "live" after I figure out my LLC...
by mojorisin
Tue Apr 18, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1966

Re: Starting "web site business". Need an LLC?

I've started two businesses, wouldn't have been able to sleep at night without the protection that an LLC (or other corporate structure) offers. One of the businesses was a web-based retail business. i was worried about: - credit card info being stolen - personal information being stolen - lawsuit ...
by mojorisin
Tue Apr 18, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1966

Starting "web site business". Need an LLC?

Hi all, I'm investing into a developer to assist me with a web site. My accountant told me to keep track of my expenses as they are tax deductible. My thinking is to spin up an official "business" however I have no idea where to start to register. I've done some internet reading, but in my...
by mojorisin
Mon Jan 16, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: New startup business: Tax Deductions?
Replies: 3
Views: 261

New startup business: Tax Deductions?

I'm considering investing into an internet site. The cost would be about $10k to $15k to launch phase 1. As I'm deciding how much I'm willing to put upfront, I'm wondering if there will be any tax benefits. The "business" will earn little to no revenue in year 1, so operate at a loss. As m...
by mojorisin
Sat Dec 17, 2016 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Anyone hiding out in short term CDs while rates rise?
Replies: 47
Views: 4815

Re: Anyone hiding out in short term CDs while rates rise?

I moved a 6 figure amount out of Vanguard's short term bond index into 6 month, 3% CDs at Andrews. Seemed reasonable - harvested a small loss and will likely get a better return for 6 months. Who knows... in 6 months maybe there will be better CD rates available.. maybe not. Regardless I don't feel...
by mojorisin
Mon Dec 05, 2016 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirement with $8M in investments
Replies: 166
Views: 23300

Re: Retirement with $8M in investments

I have a NW of over 30mm (9mm real estate and 21mm stocks/bonds/cash) and no debt. I'm 51 years old and I would like to retire but I am not yet confident in doing it.... I'm not sure its enough. More money isn't going to make you feel more financially secure. I would suggest two books: 1) How to th...
by mojorisin
Fri Nov 18, 2016 11:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: Nashville / Mid-TN Chapter Master Thread
Replies: 36
Views: 5416

Re: Nashville / Mid-TN Chapter Master Thread

Hi all, what is the best day of the week to meet? Would you all be ok with a mid week meeting at Gerst Haus? How about if we try Wed Dec 14th? I'll setup an email address to RSVP. Will post when I get it setup. GERST HAUS - NASHVILLE 301 Woodland Street Nashville, TN 37213 Telephone: (615) 244-8886
by mojorisin
Thu Nov 17, 2016 11:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Nashville / Mid-TN Chapter Master Thread
Replies: 36
Views: 5416

Re: Nashville / Mid-TN Chapter Master Thread

Hello all - I've been out traveling all this week, then next week again. I'll need a couple days to get this organized appreciate the patience. Looking forward to getting together in Nashville. Michael
by mojorisin
Sun Oct 30, 2016 10:41 am
Forum: Investing - Help with Personal Investments
Topic: How to retire in 50's if savings is in 401k/IRA?
Replies: 6
Views: 1493

Re: How to retire in 50's if savings is in 401k/IRA?

FiveK wrote:See How to withdraw funds from your IRA and 401k without penalty before age 59.5 for some thoughts you may find useful.


This is a great read. And good to keep in mind as a potential option to consider now, since it takes some future thought and planning.
by mojorisin
Sun Oct 30, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: How to retire in 50's if savings is in 401k/IRA?
Replies: 6
Views: 1493

Re: How to retire in 50's if savings is in 401k/IRA?

How mch of your non-401k savings are you willing to spend in your 50's to meet your expenses? Can you reduce your expenses? 60% of your wealth is in non retirement, correct? Yes, 60% non retirement. 40% in retirement accounts. Hopefully the non retirement ratio continues to go higher and the taxabl...
by mojorisin
Sun Oct 30, 2016 9:40 am
Forum: Investing - Help with Personal Investments
Topic: How to retire in 50's if savings is in 401k/IRA?
Replies: 6
Views: 1493

How to retire in 50's if savings is in 401k/IRA?

So hit a milestone savings number of $2M this week about the same time I hit a milestone age of 45. Income and savings is still healthy, so it got me thinking about the ability to stop working in my late 50's. I'll hit my retirement "number" by the age of 52. However with 40% of my savings...
by mojorisin
Sun Oct 30, 2016 8:18 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1023
Views: 247899

Re: Best watch for around $5,000?

I just picked up an Omega Speedmaster for $3600 for my 45th birthday present though months of shopping and research from an online retailer. At the local retail store its about ~$5200 after discounts. With certain Omega and Rolex you can have high resale value anytime IF 1) its authentic with papers...
by mojorisin
Sat May 07, 2016 5:29 am
Forum: Investing - Theory, News & General
Topic: 4% rule and interest rates
Replies: 28
Views: 4325

Re: 4% rule and interest rates

Subscribing... I'm interested in this topic as well.
by mojorisin
Sat Apr 30, 2016 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Retirement Strategy Conflict / Advice
Replies: 6
Views: 727

Lump Sum Retirement Strategy Conflict / Advice

So my friend is 62, sold his business for $2.1M (after taxes), and is trying to figure out how to structure his annual income from the $2.1M. He's seen multiple financial advisors. He settled on a strategy that I thought was odd. His strategy: put $500k in a checking account to cover expenses indefi...
by mojorisin
Sun Apr 17, 2016 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Starting side business: tax questions?
Replies: 1
Views: 381

Starting side business: tax questions?

My annual work income is about $300k. Another $20k in dividends and interest. I'm interested in spinning up a side business for a hobby of mine, not looking to make big money the first 2 to 5 years. But to get it off the ground until I can do it full time in about 10 years. My question is regarding ...
by mojorisin
Fri Jan 15, 2016 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: TLH Aftermath - Will this trigger a wash sale ?
Replies: 6
Views: 786

Re: TLH Aftermath - Will this trigger a wash sale ?

Executed a TLH from VXUS ==> VEU today. I had a sizeable enough loss in taxable (unfortunately) to make it worth while... I'll eventually roll back into VXUS for the lower fees.
by mojorisin
Wed Jan 06, 2016 8:37 pm
Forum: Investing - Theory, News & General
Topic: VWO: what a terrible performance!!
Replies: 79
Views: 10469

Re: VWO: what a terrible performance!!

Mojorisin, For the most part, anything under 5% of your portfolio is unlikely to make any substantial difference in your portfolio performance in the long run. I'm assuming that you're holding a diversified international fund that already has emerging markets in it. If this is so, then you're possi...
by mojorisin
Tue Jan 05, 2016 4:27 pm
Forum: Investing - Theory, News & General
Topic: VWO: what a terrible performance!!
Replies: 79
Views: 10469

VWO: what a terrible performance!!

I have 2% of my portfolio in VWO Emerging Markets. $100 pre 2007, $50 early 2011, $31 early 2016. Gladly I'm only down about 5% or so overall. But geez... and everything I read just shows emerging markets to continue down. Its making it hard to continue to push new money into VWO to keep my allocati...
by mojorisin
Fri Dec 25, 2015 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: mortage vs saving - what would you do?
Replies: 18
Views: 2176

Re: mortage vs saving - what would you do?

I personally subscribe to building my strategy "with the end in mind". My end goal is to have $4M in total savings, which I can then live off 4% interest. When I hit that, I'm done working for good. So I start with that, then build my financial plan to get there. What is the best way to ge...
by mojorisin
Mon Aug 03, 2015 12:48 pm
Forum: Investing - Theory, News & General
Topic: VWO and 4% Dividend?
Replies: 3
Views: 1843

VWO and 4% Dividend?

I have a 5% slice of Emerging Markets via VWO. I notice it pays a 4% dividend. Is that accurate, or am I missing something? Do we get the full 4% in the U.S. for example?

If I was a trader, this would be a good fund to "trade". Seems to swing from 35 to 45 over periods.
by mojorisin
Fri Jul 24, 2015 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate paperwork for sold/deceased over 5 years?
Replies: 6
Views: 613

Re: Real Estate paperwork for sold/deceased over 5 years?

Maybe scan and keep electronic copies. Just this week, I came across a situation where I needed a HUD from 7 years ago to qualify for a 4,000 tax refund. I tossed my copy, but thank GOD the bank still had an electronic scan!
by mojorisin
Sun Jul 19, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: TLH from VWO into EEM?
Replies: 4
Views: 415

TLH from VWO into EEM?

I found some older posts that state you can TLH from VWO into EEM. However they look like similar funds. Can anybody confirm? Thanks.
by mojorisin
Fri Feb 27, 2015 2:56 pm
Forum: Investing - Theory, News & General
Topic: Oil ETF?
Replies: 14
Views: 2007

Re: Oil ETF?

I was looking at USO. However after doing more searching, determined not going this route. Looking at OIL instead.
by mojorisin
Fri Feb 27, 2015 2:47 pm
Forum: Investing - Theory, News & General
Topic: Oil ETF?
Replies: 14
Views: 2007

Oil ETF?

Yes, this is speculation on my part. Not part of my core asset allocation.

Is anybody speculating and buying any Oil ETF's to hold for a longer term bump? If so, what are you buying (which funds)?
by mojorisin
Sat Jan 24, 2015 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: How to auto invest VTI/VXUS with no fees??
Replies: 9
Views: 2160

Re: How to auto invest VTI/VXUS with no fees??

Thanks for the responses. I called Fidelity again. I can do an auto invest with Fidelity Mutual Funds, with no cost. Fidelity equivalent of VXUS and VTI have the same annual cost as Vanguard. So I'll drop $10k into each of those funds, then setup my auto invest. I can set the fixed amount each month...
by mojorisin
Sat Jan 24, 2015 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: How to auto invest VTI/VXUS with no fees??
Replies: 9
Views: 2160

How to auto invest VTI/VXUS with no fees??

I am looking to setup a monthly purchase of VTI and VXUS. Most of my investments are held at Fidelity, which is where I buy/sell investments. Option 1 When I try to setup an auto investment it requires I select a mutual fund, not an ETF. Then if I try to buy a Vanguard mutual fund, it wants to charg...
by mojorisin
Thu Nov 27, 2014 9:34 am
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 103
Views: 22780

Re: Bogleheads, tell me about your 40's?

Excellent thread. I just turned 43. When I heard the term "mid life crisis" when I was younger, I always assumed it would equate to a need to buy a 2 seater sports car or a side girlfriend. Turns out my "crisis" boils down to me wanting to hit a specific amount of savings so I ca...
by mojorisin
Sat Aug 23, 2014 11:58 am
Forum: Investing - Theory, News & General
Topic: Help with data points on why passive vs. managed
Replies: 5
Views: 679

Help with data points on why passive vs. managed

I'm trying to find factual data points, numbers, on passive vs. active. When searching I find the reasons "why" but not the data to back it up. While I continue searching, if anybody has a link or data they can point me to that would be great. I've already bought into the strategy, but pul...
by mojorisin
Thu Dec 12, 2013 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Small Business: Massage Parlor?
Replies: 10
Views: 2607

Small Business: Massage Parlor?

We've moved from the north to the south, in a rapidly growing city. Back at "home" there are massage parlors everywhere, and I "hear" they do very well financially. As I'm doing some research on this, and contact some existing franchises, does anybody on this board have experienc...
by mojorisin
Tue Nov 12, 2013 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Golf Membership: Tax Deductable?
Replies: 5
Views: 808

Golf Membership: Tax Deductable?

I work for a large software company, so I do not get any tax deductions (mileage, office, etc). However if I joined a golf club and used it occasionally for work meetings and taking client to golf then could I deduct the membership and dues from my gross income? I'm in a 30% ($300k income) tax brack...
by mojorisin
Wed Oct 02, 2013 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: How to unwind a profitable position and rebalance?
Replies: 14
Views: 1512

Re: How to unwind a profitable position and rebalance?

What makes those funds so "inefficient" vs. an index fund? I have all index and individual muni's in my taxable.
by mojorisin
Tue Oct 01, 2013 7:55 am
Forum: Personal Consumer Issues
Topic: Car Lease as part of a compensation package
Replies: 27
Views: 2348

Re: Car Lease as part of a compensation package

At a minimum you need to provide them a choice of manufacturer. Not everybody likes to drive an import. I would suggest Cadillac if you sell to any American customers.
by mojorisin
Sat Sep 14, 2013 8:37 pm
Forum: Personal Consumer Issues
Topic: Android Tablet
Replies: 42
Views: 4646

Re: Android Tablet

I have a Surface RT, Surface PRO, and iPad. Of the 3, I use the Surface PRO 99% of the time. I use the RT if I need extra battery life. The iPad is pretty much for consuming only, you cannot get any real work done so I gave it to the kids for playing games. The PRO is awesome, runs full version of W...
by mojorisin
Fri Aug 16, 2013 8:31 pm
Forum: Personal Consumer Issues
Topic: I get motion sickness from the office
Replies: 6
Views: 1200

I get motion sickness from the office

I've been having this issue for a while. I get a form of motion sickness when I'm working at the office. Its like I can feel the building vibrating. I used to be on the 20th floor, where it was really bad. Now I'm on the 4th floor, and while not as bad, it still makes me sick after a few hours. I'm ...
by mojorisin
Sat Aug 10, 2013 10:55 am
Forum: Investing - Theory, News & General
Topic: Mortgage vs. using cash to buy a house
Replies: 29
Views: 4659

Re: Mortgage vs. using cash to buy a house

I am in this same situation. I have enough taxable (liquid) savings to pay cash for my home, plus still have a decent deal of money left over. Plus retirement savings. So how do you decide to do a mortgage vs. pay cash? For me this is all about my pool of money for retirement. My goal is to have $xx...
by mojorisin
Thu Aug 08, 2013 10:13 pm
Forum: Investing - Theory, News & General
Topic: VTI / VXUS Dividend
Replies: 7
Views: 1674

Re: VTI / VXUS Dividend

Thanks for the info. Question - the vanguard shows a quarterly dividend with a distribution yield of 3% for VXUS. Does that mean a 3% annual dividend? Its not paying 3% per quarter? Thanks.
by mojorisin
Wed Aug 07, 2013 10:39 pm
Forum: Investing - Theory, News & General
Topic: VTI / VXUS Dividend
Replies: 7
Views: 1674

VTI / VXUS Dividend

Is there a consistent timeframe which dividends are paid out? Also: how is the annual dividend determined? Thanks.
by mojorisin
Mon Aug 05, 2013 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Average cost to build a 5000 sq feet house
Replies: 56
Views: 58088

Re: Average cost to build a 5000 sq feet house

We are building a custom home with high end finishes. You should estimate $200 a sq foot (including $18k in appliances, etc).
by mojorisin
Mon Apr 29, 2013 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Advantages of contributing after tax $ to a 401K
Replies: 110
Views: 17763

Re: Advantages of contributing after tax $ to a 401K

this one is intriguing, so what is the advantage of rolling it over versus directly investing in the Roth? Can exceed the $5000 annual IRA limit? Yes, you can. Last year I contributed $23k after-tax, and I rolled them over to my Roth in january. My employer allows one "in-service withdrawal&qu...
by mojorisin
Wed Apr 17, 2013 1:02 pm
Forum: Investing - Theory, News & General
Topic: Interesting Asset Correlation Chart
Replies: 5
Views: 1370

Interesting Asset Correlation Chart

Hi all, came across the following and thought it was interesting

http://www.assetcorrelation.com/majors/183
by mojorisin
Wed Apr 17, 2013 12:18 pm
Forum: Investing - Theory, News & General
Topic: How to Determine Your True Risk Tolerance...
Replies: 64
Views: 9629

Re: How to Determine Your True Risk Tolerance...

This may be heresy, but I do not ascribe to idea that the standard deviation(SD) of yearly return is directly proportional to risk in the sense that I think of as risk. (E.g being in a plane crash or getting hit by a bus) The biggest issue in equities is short term volatility. If you need the money...
by mojorisin
Tue Apr 16, 2013 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: VWAHX (High Yield MUNI) and AMT?
Replies: 8
Views: 1857

Re: VWAHX (High Yield MUNI) and AMT?

So you only received $360 of interest on $50k investment?
by mojorisin
Tue Apr 16, 2013 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: VWAHX (High Yield MUNI) and AMT?
Replies: 8
Views: 1857

VWAHX (High Yield MUNI) and AMT?

I'm looking at VWAHX to round out my bond allocation, in my taxable account. However I read that this particular muni fund isn't a good choice for individuals who hit AMT, so I will have to pay taxes on gains.

Can anybody explain what AMT is, and how it impacts this particular muni fund? Thanks.
by mojorisin
Thu Apr 11, 2013 12:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: Nashville / Mid-TN Chapter Master Thread
Replies: 36
Views: 5416

Nashville / Mid-TN Chapter Master Thread

[Title was "There's Now a Local Chapter in Nashville & Mid TN", see below. --admin LadyGeek]

Moved to Nashville in Jan 2013, looking for any local groups or meetings. Thanks.
by mojorisin
Sat Apr 06, 2013 2:24 pm
Forum: Investing - Theory, News & General
Topic: Hines REIT vs. Vanguard ETF REIT
Replies: 9
Views: 2650

Hines REIT vs. Vanguard ETF REIT

I have researched, and I know this topic has been posted before. However I am looking for more recent opinions. I used a securities group / broker to purchase muni bonds in the state of texas for my taxable account. I have 30% of my portfolio on muni bond ladder at 3.9% annual. He contacted me regar...
by mojorisin
Thu Mar 28, 2013 1:43 pm
Forum: Personal Consumer Issues
Topic: How to get around $150k AGI Rental Prop Deduction
Replies: 4
Views: 1072

Re: How to get around $150k AGI Rental Prop Deduction

I am not familiar with this but a CPA should be able to confirm. If you do go this route, however, you would seem to also be increasing your risk in 2 ways -You would have to deal with 52 weekly renters rather than 1 yearly renter -I would suspect that the vacancy rate would be higher than if you a...
by mojorisin
Thu Mar 28, 2013 10:19 am
Forum: Personal Consumer Issues
Topic: How to get around $150k AGI Rental Prop Deduction
Replies: 4
Views: 1072

How to get around $150k AGI Rental Prop Deduction

I had 2 rental properties in the past, sold them after my income climbed over $150k and could not deduct any expenses. Now I'm looking for a 2nd home / condo in Florida which will be rented frequently but short term. As my AGI is over $150k, I cannot directly deduct any expenses. Having the ability ...
by mojorisin
Wed Mar 27, 2013 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Using bonds to pay for 2nd home?
Replies: 10
Views: 872

Re: Using bonds to pay for 2nd home?

I tend to look at things from a risk standpoint. My first impression of your proposal was that you are concentrating risk. Not saying it's a bad idea, just that you should be aware of it, which based on your comments you seem to be. Can you help me understand more what you mean by "concentrati...
by mojorisin
Wed Mar 27, 2013 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Using bonds to pay for 2nd home?
Replies: 10
Views: 872

Re: Using bonds to pay for 2nd home?

I tend to look at things from a risk standpoint. My first impression of your proposal was that you are concentrating risk. Not saying it's a bad idea, just that you should be aware of it, which based on your comments you seem to be. Can you help me understand more what you mean by "concentrati...
by mojorisin
Wed Mar 27, 2013 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Using bonds to pay for 2nd home?
Replies: 10
Views: 872

Re: Using bonds to pay for 2nd home?

You seem to be missing the point. If you add $10k of dividends to your portfolio or $10k of salary, it's still $10k added to your portfolio. Or if you prefer, send your $10k of dividends each year to your checking account, and you will have an extra $10k to invest. yes, I understand that point. I'm...