Search found 403 matches

by nps
Thu May 18, 2017 6:00 am
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio with TSP help
Replies: 34
Views: 2787

Re: 3 Fund Portfolio with TSP help

For approximating Total International, how do i allocate between VWO (emerging markets) and VSS (international small). Am I just splitting the 5500 between VMO and VSS? The only part of your international portfolio that could not be directly invested in Total International is the $1620 in I Fund. I...
by nps
Sun May 14, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Fee to close credit card?
Replies: 15
Views: 1479

Re: Fee to close credit card?

DaftInvestor wrote:Did the article mention a particular bank?


No, it was pretty cryptic: "Closure fees: Some cards will charge you to close your card. Fees can vary by card."

Here's the full article link (paywall): https://www.wsj.com/articles/how-to-han ... 1494601273
by nps
Sat May 13, 2017 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Fee to close credit card?
Replies: 15
Views: 1479

Fee to close credit card?

Has anyone heard of this? An article in today's WSJ warns about it. I rarely close cards but have never experienced this, nor recall seeing it in any disclosures with new cards.
by nps
Fri May 12, 2017 4:20 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares
Replies: 5
Views: 1542

Re: Vanguard Admiral Shares

No, you need to hit the minimum per fund per account. They don't combine across accounts for the purposes of qualifying.
by nps
Wed May 10, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio with TSP help
Replies: 34
Views: 2787

Re: 3 Fund Portfolio with TSP help

Can anyone help me with my allocation or provide me with a ball park on percentages ? One approach is to look at your asset allocation across your entire retirement portfolio. So for example from your initial post if you wanted a stock/bond allocation of 90/10 and an international allocation of 33 ...
by nps
Sun May 07, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio with TSP help
Replies: 34
Views: 2787

Re: 3 Fund Portfolio with TSP help

Agree with the 4:1 ratio for C:S to approximate TSM. For approximating Total International, think you are on the right track with VWO (emerging markets) and VSS (international small) or their mutual fund equivalents. Something like 65 - 70 percent TSP I fund with the remaining in a 2:1 ratio of VWO ...
by nps
Sat Apr 29, 2017 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this home?
Replies: 24
Views: 2076

Re: Can we afford this home?

I still think you can afford it. You don't seem to be violating any of the rules of thumb for debt load even with the higher mortgage. Everyone's different but I would probably pay the non-mortgage debts off first. It would give you some more budget certainty when looking for a new place. I would al...
by nps
Fri Apr 28, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: 2nd Guessing Target Fund
Replies: 29
Views: 1491

Re: 2nd Guessing Target Fund

so nps, you see it would take $500,000 to pay $2000 a year in fees (as going up already stated). Sure, using the ER provided later by the OP. Using the originally stated ER it would be ~ $5M, on par with the lowest cost funds. Good lesson in the difference in fees and importance of calculating ER c...
by nps
Fri Apr 28, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: 2nd Guessing Target Fund
Replies: 29
Views: 1491

Re: 2nd Guessing Target Fund

The expense ration: .41 per $1000, just today it hit me that we are paying almost $200 a month/over $2,000 a year to use a target fund. We are not talking about a lot of money yet, but eventually it will add up. You would need nearly $5M to be paying $2000/yr for an ER of .41 per $1000. I think tha...
by nps
Fri Apr 28, 2017 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this home?
Replies: 24
Views: 2076

Re: Can we afford this home?

Your $25k emergency fund covers six months of expenses ($50k annually) and your net take home is $8500/mo or greater ($102k annually). That implies at least $52k in annual savings. Based on that you can certainly afford it.
by nps
Wed Apr 26, 2017 5:40 am
Forum: Investing - Help with Personal Investments
Topic: I'm jumping into taxable brokerage account not knowing what I'm doing, advise please!
Replies: 7
Views: 764

Re: I'm jumping into taxable brokerage account not knowing what I'm doing, advise please!

It depends on your expected timeframe for keeping the money invested. If it's similar to your retirement accounts, why not just invest it according to that allocation? If it's for something more short term, like a down payment or a new car, you probably want to take a lot less risk and may just be b...
by nps
Tue Apr 25, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Pregnant - HSA vs PPO decision
Replies: 11
Views: 1028

Re: Pregnant - HSA vs PPO decision

Your numbers suggest that the HDHP/HSA is cheaper. However, not clear how you have a maximum out of pocket that exceeds the deductible since your coinsurance after the deductible is zero.
by nps
Tue Apr 25, 2017 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1088

Re: Unique HSA/HDHP Situation

I don't think the drug manufacturer paid anything to your insurance company. Sounds like the insurance company is just not seeing the discounted bill and believes that you are paying the full co-pay amount. It's a billing error in your favor.
by nps
Mon Apr 24, 2017 4:48 pm
Forum: Investing - Theory, News & General
Topic: HSA + Healthcare FSA
Replies: 3
Views: 478

Re: HSA + Healthcare FSA

If you are describing having a regular pre-tax healthcare FSA (not limited or dependent care) in place as well as a HSA both covering you at the same time through the same employer, you would not be eligible to contribute to the HSA. If your situation is different please post the details.
by nps
Mon Apr 24, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: DRIP question [TDAmeritrade trading fee]
Replies: 11
Views: 908

Re: DRIP question [TDAmeritrade trading fee]

Also, if you ever begin to buy their commission free ETF's (VTI, BND, etc) you need to hold for 30 days or they will claw back commission(s). It's worse than a claw back. It's a higher fee that applies to selling commission-free ETFs ($19.99) whereas their online commission when not enrolled is onl...
by nps
Wed Apr 12, 2017 9:34 pm
Forum: Personal Consumer Issues
Topic: Week in San Diego - What to do?
Replies: 35
Views: 2310

Re: Week in San Diego - What to do?

For that age, I would recommend the New Children's Museum downtown near the Marriott on the harbor, and second the recommendation for the tide pools out at Cabrillo.
by nps
Thu Apr 06, 2017 7:21 pm
Forum: Personal Consumer Issues
Topic: STEM & "coding" toys for little ones ?
Replies: 41
Views: 3355

Re: STEM & "coding" toys for little ones ?

This might not count as a toy you give since it's a free app for tablets, and age 4 may possibly be slightly young, but it is most definitely a coding primer for little kids: https://www.scratchjr.org/ I see all of the recommendations on non-screen based learning above and that's fine, but most kids...
by nps
Wed Apr 05, 2017 5:39 am
Forum: Personal Finance (Not Investing)
Topic: HSA Question
Replies: 8
Views: 773

Re: HSA Question

There is no such thing as a family HSA. Every HSA is owned by one individual. Almost everything you would want to know about HSAs is contained in the IRS publication 969. Worth reading the entire pub section on HSAs. I agree..but Saturna is not helping. This is the heading on my account page: Viewi...
by nps
Mon Apr 03, 2017 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Van. Int. Index percentage in Roth IRA vs. TSP I fund
Replies: 4
Views: 362

Re: Van. Int. Index percentage in Roth IRA vs. TSP I fund

I studied this a couple of months ago: https://www.bogleheads.org/forum/viewtopic.php?t=208490 Bottom line, I found that the Total International Stock Index fund was reasonably estimated by 65 percent TSP I Fund, 20 percent Vanguard Emerging Markets Stock Index fund (VEMAX), 10 percent Vanguard FTSE...
by nps
Mon Apr 03, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Balancing saving, investing, and living?
Replies: 23
Views: 2524

Re: Balancing saving, investing, and living?

I would say your options for the extra money are binary: either you spend it or you don't. If you don't spend it, I would call that saving. I think your question on save vs invest is getting at the type of saving. Perhaps you are deciding between saving in short term investments (Ally savings) or sa...
by nps
Wed Mar 29, 2017 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth TSP vs. TSP Contributions
Replies: 30
Views: 2734

Re: Roth TSP vs. TSP Contributions

DCChak wrote:Thinking it through a bit, in addition to the general Roth vs traditional withdrawal flexibility benefits, and the inheritability benefit


How are these attributes any different between a Traditional TSP and one that also has a Roth TSP component?
by nps
Wed Mar 29, 2017 7:01 am
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 42
Views: 3313

Re: Geico insurance rate increase: 26.24% APY?

knpstr wrote:Well, I have some potentially good news.

If your next 6 months stays about the same level as this increase (12% over last years rate), your APY for they year will go down to 12%!!

:beer


Even better, using OP's math (compare current 6 mo premium to last then annualize) the APY would go to zero.
by nps
Tue Mar 28, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 71
Views: 5166

Re: John Bogle interview: is "deep risk" growing?

garlandwhizzer wrote:Still, as Jefferson said in response to someone railing about the new colonial government in the US, "Democracy is the worst from of government...next to all the others."


Did you mean Churchill?
by nps
Fri Mar 24, 2017 4:46 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 133
Views: 16663

Re: Best HSA (2017)

@atxeng I will make a suggestion that might seem un-Boglehead-ish, but applies in your case. I really think it would be better for you to hire a financial planner to help you find a suitable HSA. Your DIY efforts just don't seem to be working. what is incorrect about the data i've pulled from the s...
by nps
Wed Mar 22, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage APR 4.96% - too high?
Replies: 58
Views: 3333

Re: Mortgage APR 4.96% - too high?

JuztVZ wrote:We want to check with the preferred lender but are unsure about having another hard pull in our credit reports.


Don't sweat it. Multiple pulls count as one for mortgage loans if they occur within a short period of time, believe it is on the order of weeks.
by nps
Sun Mar 19, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: USAA and Haven Life (Mass Mutual) Life Insurance Quotes
Replies: 12
Views: 1231

Re: USAA and Haven Life (Mass Mutual) Life Insurance Quotes

You can't get a Haven policy through a broker AFAIK. Also, their whole premise is instant approval decisions in many cases. Did you submit an application and get informed that a medical exam was required?
by nps
Mon Mar 13, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage/Escrow question
Replies: 21
Views: 1323

Re: Mortgage/Escrow question

PandaBear wrote:
powermega wrote: I would also file complaints with the relevant consumer sites and government agencies.


What would those be? I don't have any experience filing complaints about banks/financial institutions.


CFPB
by nps
Sun Mar 12, 2017 8:18 am
Forum: Investing - Theory, News & General
Topic: 3 fund or 2? No international
Replies: 21
Views: 1809

Re: 3 fund or 2? No international

It's not just international that you have to worry about. The annoying thing about diversification is that it never works ex-post, only ex-ante. Well that is correct, so we are still making educated choices and comparing it ex post.That is what I was trying to use the backtest for. Is that not corr...
by nps
Sun Mar 12, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: National Averages (TaxAct)
Replies: 10
Views: 1206

Re: National Averages (TaxAct)

I am pretty sure that TaxAct only shows your "standing" within a group of income ranges that includes yours, not across all incomes, so there's not much to be gleaned from it in my opinion. Also, looking at the country as a whole, mean income is much higher than median income. Not sure if ...
by nps
Sat Mar 11, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: 3 fund or 2? No international
Replies: 21
Views: 1809

Re: 3 fund or 2? No international

It's not just international that you have to worry about. The annoying thing about diversification is that it never works ex-post, only ex-ante.
by nps
Sat Mar 11, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Putting Savings in Perspective
Replies: 54
Views: 4370

Re: Putting Savings in Perspective

OP, not sure why you calculate this percentage. You seem to be comparing it to a benchmark of spending 80 percent of pre-retirement expenses in retirement and concluding that you are good. However, many of your deductions from gross pay will still exist. You will still pay income taxes and medical p...
by nps
Thu Mar 09, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: W2 question
Replies: 18
Views: 1078

Re: W2 question

You would change your W-4, not your W-2. It depends on the person. If you're just going to save it anyway, whether it's a little extra in each paycheck or a lot after tax filing, then I would agree it's better to change the W-4. Might as well get that money working sooner.
by nps
Sun Mar 05, 2017 7:39 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio & Financial Health Check
Replies: 2
Views: 405

Re: Portfolio & Financial Health Check

Looks like you are using an effective federal tax rate, perhaps the same for state. What is your combined marginal rate? I would use that marginal rate to see how much extra tax you are paying to invest in taxable rather than the max in your wife's 401k, and decide whether it's worth it. An ARM rese...
by nps
Thu Mar 02, 2017 10:20 pm
Forum: Investing - Theory, News & General
Topic: I am calling a market bubble right now.
Replies: 27
Views: 2892

Re: I am calling a market bubble right now.

BogleInvestorLondon wrote:However, this whole rally has been happening on expectation.


What else would it be based on?
by nps
Thu Mar 02, 2017 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard taxable - changes?
Replies: 3
Views: 712

Vanguard taxable - changes?

My Vanguard accounts are currently IRAs and Roth IRAs holding Vanguard mutual funds. They are under the old site, not the upgraded brokerage interface. If I now add a taxable account to hold Vanguard mutual funds, does anyone know if that would force upgrade me to the brokerage interface? Also, I kn...
by nps
Wed Mar 01, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: American General Life term-life policy
Replies: 7
Views: 523

Re: American General Life term-life policy

Call the agent and ask him if the hold up is medical records. If so, you call the office and ask for them to expedite, get their name and when they can expedite, follow up. One local medical center here takes 12 weeks sometimes. This was my recent experience. I had to get personally involved to get...
by nps
Mon Feb 27, 2017 10:11 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall, investing, insurance?
Replies: 41
Views: 3922

Re: Windfall, investing, insurance?

OP, how much life insurance (death benefit) do you require to protect your family who will lose your $150k income if you die? You have $550k, or less than 4 times your income. More than half your death benefit is provided by your job. Many group life policies terminate if you are no longer an employ...
by nps
Sun Feb 26, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: What is a "Vanguard HSA"?
Replies: 5
Views: 991

Re: What is a "Vanguard HSA"?

Never heard of one. Maybe you have seen people mentioning investing in Vanguard funds in their HSAs.
by nps
Sun Feb 26, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Mileage Deduction/Self Employed Work From Home
Replies: 1
Views: 289

Re: Mileage Deduction/Self Employed Work From Home

If her home office qualifies as the principal place of business (including the exclusive use test and being the only fixed location for performing substantial administrative or management activities of the business), she should be able to deduct those miles.
by nps
Sun Feb 26, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion and Backdooring advice
Replies: 8
Views: 555

Re: Roth Conversion and Backdooring advice

Not sure why you're so eager to pay so much tax. If I were you, I would wait until my wife had an opportunity to roll that existing IRA over to a future 403(b) or 401(k), or until my tax rate was lower. Is she a W-2 employee currently, or self-employed contractor? Other tax shelters that could work ...
by nps
Sat Feb 25, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard 1099-R Roth to Traditional Tax Questions
Replies: 4
Views: 300

Re: Vanguard 1099-R Roth to Traditional Tax Questions

If you are covered by a retirement plan at work then Duckie is correct. You would need to fill out Form 8606. The instructions for that form lay out your situation: You made a contribution to a Roth IRA and later recharacterized part or all of it in a trustee-to-trustee transfer to a traditional IRA...
by nps
Sat Feb 25, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard 1099-R Roth to Traditional Tax Questions
Replies: 4
Views: 300

Re: Vanguard 1099-R Roth to Traditional Tax Questions

It's treated as if it had been earned in the Traditional IRA all along, that's why the taxable amount is $0.
by nps
Sat Feb 25, 2017 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 1559

Re: Just beginning: $40k to open taxable and IRA accounts

I am aiming for that 70/30 balance but was interested in a little bit of international stock/bond funds too, still keeping the stock/bond balance just with a greater # of funds... so it got me thinking I couldn't divide them up among accounts without making sure there was the $3k minimum met per ac...
by nps
Fri Feb 24, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Closed HSA but Reopen within 18 Months... Sufficient?
Replies: 13
Views: 931

Re: Closed HSA but Reopen within 18 Months... Sufficient?

Qualified distributions are based on the individual being eligible at time of service. So you can not make a qualified distribution for your now wife before she was your wife. I'm curious how you come up with that interpretation. Pub 969 really isn't that specific. What it does say is: Qualified me...
by nps
Fri Feb 24, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 1559

Re: Just beginning: $40k to open taxable and IRA accounts

Hello, I by no means claim that I know much about backdoor roths. Wait for experts on backdoor roths. My question is this: 1. OP contribute to the Roth up to max 2. Then Couldn't OP contribute to non deductible IRA with the rest of the money, then backdoor Roth it? No. Non-deductible IRAs are still...
by nps
Fri Feb 24, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 1559

Re: Just beginning: $40k to open taxable and IRA accounts

For example, I know most funds need a $3k minimum, but what if I want a fund split between accounts and less than that $3k minimum ends up in different accounts (is that a possibility)? Not really. Simplest thing is to buy both funds in all three accounts in a 70/30 ratio. In that case your lowest ...
by nps
Fri Feb 24, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Closed HSA but Reopen within 18 Months... Sufficient?
Replies: 13
Views: 931

Re: Closed HSA but Reopen within 18 Months... Sufficient?

You're good on your first concern. A-41 says nothing about putting the funds back into the same account nor does it stipulate anything about zero balance accounts remaining open or closed. As far as covering your wife's expenses before the marriage, I'm not aware of any HSA regulations on this. HSAs...
by nps
Fri Feb 24, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much are independent contractors really taxed?
Replies: 44
Views: 3094

Re: How much are independent contractors really taxed?

How is the total difference in tax between contract work and employment 7.65%? I don't get where you get this number from. I can tell you where the number comes from. It's the employer share of SS and Medicare, which self employed people must pay themselves. It's a little misleading because it also...
by nps
Fri Feb 24, 2017 6:45 am
Forum: Personal Finance (Not Investing)
Topic: How much are independent contractors really taxed?
Replies: 44
Views: 3094

Re: How much are independent contractors really taxed?

Self-employed pay the same tax rates as everyone else on all sources of income. Total taxes are the same when you are an employee, but the full tax amount is hidden from your view because part is paid on your behalf by your employer. Consequently, your salary accounts for only 70-75% of your total c...

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