Search found 482 matches

by nps
Sat Feb 24, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 124
Views: 5563

Re: Defining "House Poor"

mark4269 wrote:
Fri Feb 23, 2018 10:43 pm
Where in the USA does $1,250 cover PITI?
I don't know but over half of Americans live there. Median PITI is less than $1100 according to Census Bureau.
by nps
Sat Feb 24, 2018 6:27 am
Forum: Personal Finance (Not Investing)
Topic: Getting two w2 at same time
Replies: 10
Views: 664

Re: Getting two w2 at same time

Be aware that if you have 1099 income, you would be responsible for SE tax at the rate of 15.3% vs FICA tax of 7.65% for W2 income. True but you don't pay 15.3% on all of your net business income, and you also deduct half of the SE tax on your tax return. Depending on your situation you would also ...
by nps
Thu Feb 22, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Which states are similar to NJ in the sense that they do not allow one to deduct contributions to 403b, 457, TSP, etc?
Replies: 9
Views: 1124

Re: Which states are similar to NJ in the sense that they do not allow one to deduct contributions to 403b, 457, TSP, et

(However, the NJ rules still make Roth TSP better; you won't be taxed on your Roth TSP contributions when you make them, and no state will tax the withdrawals.) Is this really true? Or does NJ tax Roth and Traditional the same? I think the intended statement was probably "you won't be taxed any dif...
by nps
Thu Feb 22, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 2715

Re: Terminology question: what does "losing money" mean?

If I put $10k cash in a safe deposit box and it was still $10k cash when I opened it in ten years I can't see how it could be argued that I lost money. I don't think your example is any different. Losing purchasing power, or losing the potential to have made money off the money, would be a different...
by nps
Thu Feb 22, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Need $100,000 in 20 years. Help!
Replies: 52
Views: 4658

Re: Need $100,000 in 20 years. Help!

If you continue with your current lifestyle as supported by your $70k salary you won't need to worry about how to come up with $100k. As noted that implies a greater than 50 percent marginal tax rate. The only way to get there is with a very high income. If you don't have a very high income, you li...
by nps
Thu Feb 22, 2018 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Need $100,000 in 20 years. Help!
Replies: 52
Views: 4658

Re: Need $100,000 in 20 years. Help!

If you continue with your current lifestyle as supported by your $70k salary you won't need to worry about how to come up with $100k. As noted that implies a greater than 50 percent marginal tax rate. The only way to get there is with a very high income. If you don't have a very high income, you lik...
by nps
Wed Feb 21, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable account
Replies: 6
Views: 631

Re: Taxable account

#1 You'll be on the hook for capital gains tax if you had a gain. Details depend on your tax bracket and how long you held the investment. You don't owe tax on your basis (the amount you invested). #2 You will if the stock or fund paid dividends or if the fund incurred capital gains. #3 There is no ...
by nps
Wed Feb 21, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 12
Views: 818

Re: Asset Allocation

I think at 10 percent it hardly matters.
by nps
Mon Feb 19, 2018 7:35 am
Forum: Investing - Help with Personal Investments
Topic: Switching from TDAM to VG implications
Replies: 14
Views: 657

Re: Switching from TDAM to VG implications

Finally, note that TDAm has an account closure fee for some clients. I did something similar recently. OP, if you leave your settlement fund in place at TDA (so do a partial transfer to Vanguard of just your stock positions, not a full transfer of your entire account) you won't be charged a fee. Bu...
by nps
Sun Feb 18, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: HSA questions
Replies: 4
Views: 499

Re: HSA questions

She can use her HSA for your expenses if you're her eligible dependent. I guess that’s my question..am I her eligible dependent on our wedding day or on January 1? Once you're married she absolutely can use her HSA for your qualified expenses from that date forward. Until then, you would have to be...
by nps
Sat Feb 17, 2018 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: HSA questions
Replies: 4
Views: 499

Re: HSA questions

A few random questions: 1)I’m getting married later this year and am on my fiancé’s HDHP which I’ve been on for a couple of years. We both have our own HSA accounts though now will be transitioning to just having hers. Can she pay for my medical expenses out of her account before we get married? 2)...
by nps
Fri Feb 16, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Just finished reading "Bogleheads Guide To Investing" and ready to start asking 101 level questions :)
Replies: 15
Views: 1377

Re: Just finished reading "Bogleheads Guide To Investing" and ready to start asking 101 level questions :)

To clarify what Duckie means regarding IRA: yes, you should continue to contribute to the 401k and if you have excess funds after your 10% contribution, consider funding an IRA (Traditional or Roth). Welcome to the forum! This is another way to consider prioritizing (from the wiki). Same as your id...
by nps
Wed Feb 14, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Index Fund [better to purchase in bear market?]
Replies: 8
Views: 1360

Re: Vanguard Total Stock Index Fund [better to purchase in bear market?]

Hello Is it better to purchase the Vanguard Total Stock Index Fund in a Bear Market?, considering that prices will be lower and that a rise in the coming Bull Market will give a better yield. (contrarian strategy, learned from The New Buffettology by Mary Buffett). Regards Buffett didn't make his m...
by nps
Wed Feb 14, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: HSA sucks: Help
Replies: 9
Views: 1635

Re: HSA sucks: Help

Are you not able to put the max in quickly through payroll deduction?
by nps
Wed Feb 14, 2018 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Net worth progression: what am i doing wrong?
Replies: 25
Views: 3775

Re: Net worth progression: what am i doing wrong?

Tbonerazor wrote:
Tue Feb 13, 2018 8:56 pm
Given this, I recently calculated my net worth to be only $35k. Is this how it is supposed to be? I feel like i should be worth a lot more. Please tell me what i am doing wrong.
If it makes you feel any better, the value of your human capital is a lot higher!
by nps
Tue Feb 13, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: CD rates on the rise. Should I break my CD...
Replies: 5
Views: 1399

Re: CD rates on the rise. Should I break my CD...

I think the calculator makes the assumption that the offered CD you are comparing remains available at the same rate through the end of your existing term. No one knows if that's correct, obviously.
by nps
Tue Feb 13, 2018 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: HSA sucks: Help
Replies: 9
Views: 1635

Re: HSA sucks: Help

How much payroll taxes are we talking about(for someone who has to pay past the ss taxes anyways...make over 250k in taxable income)? I read the amount I directly contribute is fed/state tax deductible but that payroll taxes are lost. The reason for the question: let’s say it’s 2.5%: am I better of...
by nps
Tue Feb 13, 2018 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Three Fund Portfolio Excluding TSP?
Replies: 28
Views: 2596

Re: Three Fund Portfolio Excluding TSP?

I know that we are supposed to look at all of the accounts together. However, what are people's thoughts about keeping an L-fund in the TSP (it has a super low ER and then I don't have to worry about allocating and reblancing the odd fund options)? Then, I could just look at the two Roths and a tax...
by nps
Mon Feb 12, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: What are the chances of corrected 1099s?
Replies: 19
Views: 1218

Re: What are the chances of corrected 1099s?

BolderBoy wrote:
Mon Feb 12, 2018 6:40 pm
BeginnerInNYC wrote:
Mon Feb 12, 2018 5:50 pm
I just got my 1099s this afternoon from Vanguard.
Didn't you sign up for electronic delivery? I got my VG 1099s by January 16.
You must not have a brokerage account with them
by nps
Mon Feb 12, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: First timer with ETFs through HSA - not sure what to do
Replies: 11
Views: 601

Re: First timer with ETFs - not sure what to do

I have set up the "auto sweep" feature to sweep any excess (in $25 intervals) from the HSA Savings account into my SDBA at TDA, so when I get paid twice per month, my employer sends my contributions directly to HSA Bank, and then HSA Bank will auto-sweep to the SDBA. Thanks for posting this. I've b...
by nps
Sun Feb 11, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: HSA section in Turbotax online version & Form-8889
Replies: 19
Views: 1099

Re: HSA section in Turbotax online version & Form-8889

Yes, and that's what carries over to Line 25 on the 1040. The employer contributions were already exempted from taxable income.
by nps
Sun Feb 11, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: HSA section in Turbotax online version & Form-8889
Replies: 19
Views: 1099

Re: HSA section in Turbotax online version & Form-8889

Code W is considered the employer contribution even if some or all of it is your own payroll allotment.
by nps
Sat Feb 10, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help - why do I owe so much in taxes this year
Replies: 17
Views: 3266

Re: Help - why do I owe so much in taxes this year

Do you have both this year and last year's 1040s and are you able to compare them line by line? That will be an easier way to get to the answer.
by nps
Thu Feb 08, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 87
Views: 7412

Re: How to deal with regret

RRAAYY3 wrote:
Thu Feb 08, 2018 3:18 pm
I just put in about 10K in int'l - it's pretty much been cut in half in like a week.
What are you talking about?
by nps
Tue Feb 06, 2018 6:19 am
Forum: Investing - Help with Personal Investments
Topic: Today was a Really Bad Day
Replies: 278
Views: 46549

Re: Today was a Really Bad Day

Case in point is you cannot time the market.....those who do usually get bit by a SNAKE. I have another 30-40K parked in a money market account for the market and I will probably wait a bit to see what happens here in the next few weeks. How is that not timing? You have money to invest but are wait...
by nps
Mon Feb 05, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Cheap cell phone plans
Replies: 48
Views: 3341

Re: Cheap cell phone plans

H2O Wireless (GSM) can load $9 every 90 days and the unused balance rolls over. $0.05/min
by nps
Mon Feb 05, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Going from 80/20 to 50/50-Help me pick a fund
Replies: 16
Views: 2050

Re: Going from 80/20 to 50/50-Help me pick a fund

You shouldn't fool yourself, exchanging stocks for bonds means selling stocks and buying bonds. But I agree with the above poster, I wouldn't consider it to be counterproductive market timing to permanently adjust your AA downward to reflect your age and risk tolerance.
by nps
Mon Feb 05, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15991

Re: Blood in the water- buying?

This is what I would worry about. For a behavioral tool it seems to provide more opportunity to deviate from the plan. There are more active decisions to make, even if they are intended to be rules-based, and to pull it off you would need to be paying close attention to losses on the way down. I kn...
by nps
Mon Feb 05, 2018 6:49 am
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15991

Re: Blood in the water- buying?

The big question will be execution. With buy and hold, you just keep sholving money in and doing nothing. You can even skip rebalancing and not miss out on much. Buying and selling based on some algorithmic data points leads to all sorts of potential mistakes from not selling to not buying. The mor...
by nps
Sun Feb 04, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15991

Re: Blood in the water- buying?

If it turned into another 2008/2009 situation for stocks, that would certainly be beneficial to us trend followers, most of whom were close to flat in 2008 but then experienced the benefits of the recovery afterward. Were you a trend follower in 2008? If not may I ask when you began? I've been foll...
by nps
Sun Feb 04, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Going from 80/20 to 50/50-Help me pick a fund
Replies: 16
Views: 2050

Re: Going from 80/20 to 50/50-Help me pick a fund

The Freedom funds at Fidelity look like they glide to 24 percent equity. Not sure if you're looking for that or to maintain 50/50 indefinitely. If Fidelity doesn't have a cheap 50/50 option there are others who do. You can switch your IRA custodians but are likely stuck with your 457 provider's opti...
by nps
Sat Feb 03, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Going from 80/20 to 50/50-Help me pick a fund
Replies: 16
Views: 2050

Re: Going from 80/20 to 50/50-Help me pick a fund

If all your accounts were 60/40 now, and it sounds like it might be a little higher, losing $1500 on a 2 percent drop in stocks would imply that you have about $125,000 invested. That's not going to produce much retirement income at any AA. Will you be able to live off your pension and husband's inc...
by nps
Thu Jan 11, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio with TSP help
Replies: 44
Views: 5532

Re: 3 Fund Portfolio with TSP help

Yes, you would purchase shares after every deposit. A simple spreadsheet could be used to track your overall asset allocation. If it gets out of whack, you can buy and sell between TSP funds to rebalance to your desired allocation.
by nps
Wed Jan 10, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio with TSP help
Replies: 44
Views: 5532

Re: 3 Fund Portfolio with TSP help

The governing board for the TSP recently decided to switch the I Fund index to the MSCI All Country World ex-US which should eliminate the need for holding small and emerging market completion funds like VSS or VWO along with the I fund. Apparently the switch might take a year or so but especially s...
by nps
Wed Jan 10, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio with TSP help
Replies: 44
Views: 5532

Re: 3 Fund Portfolio with TSP help

Zero, if you're removing the I fund. VXUS already contains VSS and VWO (and EFA).
by nps
Mon Jan 08, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Longtime AT&T customer looking for MVNO cell provider
Replies: 30
Views: 3399

Re: Longtime AT&T customer looking for MVNO cell provider

Alexa9 wrote:
Mon Jan 08, 2018 7:37 pm
Bumping this for 2018. I have no reason to use Verizon anymore. Looking for the best MVNO. I don't use many minutes/data/texts but when I do it's nice to have:
Cricket
Republic
Consumer
Straight Talk
Any others to consider??
Red Pocket (mentioned upthread) is dirt cheap for light users
by nps
Fri Jan 05, 2018 5:50 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 6094

Re: Misuse of adverse when averse was meant

Reminds me of this: WHEREAS, on occasion, members of the Missouri House of Representatives have used the word “physical” instead of “fiscal” when referring to fiscal matters including, but not limited to, fiscal review and fiscal notes; and WHEREAS, the use of proper terminology is important to our ...
by nps
Mon Jan 01, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 55
Views: 8777

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

LadyGeek wrote:
Mon Jan 01, 2018 2:16 pm
Both Amazon and H&R Block will add sales tax if there is an H&R Block brick and mortar store in your state. (Read this online, haven't purchased anything yet.)
H&R Block didn't for me (Maryland)
by nps
Sun Dec 31, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee HSA account set up help
Replies: 25
Views: 1475

Re: Federal Employee HSA account set up help

Hodor wrote:
Sun Dec 31, 2017 5:12 pm

So if the December 2018 employer contribution comes in January 2019, does it count towards your 2018 contribution limit or 2019?
It counts toward 2018, similar to how you can make a 2018 contribution yourself in 2019 if you haven't maxed out by then.
by nps
Sun Dec 31, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee HSA account set up help
Replies: 25
Views: 1475

Re: Federal Employee HSA account set up help

I didn't know the payroll deductions were an option, how is this different from me transferring funds from my bank and filing this on my tax return? This is what I did last year. It's still taxed deferred, grows tax free, and as long as I use it for medical expenses is tax free, right? Is there any...
by nps
Tue Dec 26, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51153

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

If both of us were working, it might make sense to switching to married filing separately at the federal level as each could then deduct $10K of SALT. But alas, I'm the only wage earner; so that would only make things worse. It wouldn't matter anyway, married filing separately can only deduct $5k e...
by nps
Fri Dec 22, 2017 6:21 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51153

Re: Can I pre-pay 2018 mortgage and deduct interest on 2017 taxes?

Thanks for referring me to the "tax omnibus" mega-thread, CAsage. I don't know how I missed that one. Looks like one poster was told by his bank that he could make January and February mortgage payments before the end of the year, so I'll call BoA tomorrow and see if they allow that too. And then h...
by nps
Tue Dec 12, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 190
Views: 37577

Re: Best HSA (2017)

GEHA says that for HSABank "GEHA pays your account set-up fee, charges for your initial debit card(s) and bank administrative fees." I'm wondering what "bank administrative fees" means in practice. I'm assuming it covers the $2.50 service fee. Does it also cover the "investment service fee" ($3)? (...
by nps
Mon Dec 11, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: 2018 FEHB HDHP Recommendations
Replies: 53
Views: 5110

Re: 2018 FEHB HDHP Recommendations

I do still have a few questions though. One is the Aetna PayFlex to GEHA HSA transfer. Will I likely have to pay the $25 account closing fee at PayFlex? With assets of VSMAX and AVUAX in PayFlex, should I sell and transfer the cash? Or are those funds I can use with the GEHA TDAmeritrade plan? Do I...
by nps
Sun Dec 03, 2017 10:21 pm
Forum: Personal Consumer Issues
Topic: Target Gift Cards are 10% Off Today (Sunday 12/3/17)
Replies: 17
Views: 2068

Re: Target Gift Cards are 10% Off Today (Sunday 12/3/17)

And target is a 5% category for Discover It this quarter. Technically, Discover could disallow the rewards points if you just bought gift cards and they found out about it. Practically speaking, they only go to such extremes for the people who go overboard on such deals. There is nothing in the Dis...
by nps
Fri Dec 01, 2017 6:24 pm
Forum: Investing - Theory, News & General
Topic: Is 60/40 mix the sleep mix or 80/20 mix
Replies: 38
Views: 3861

Re: Is 60/40 mix the sleep mix or 80/20 mix

WhiteMaxima wrote:
Fri Dec 01, 2017 4:59 pm
Any vanguard index track 80/20? Balance fund is too conservation in my point of view.
LifeStrategy Growth Fund
by nps
Thu Nov 30, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: New TSP Investing Strategy
Replies: 18
Views: 2133

Re: New TSP Investing Strategy

I don't understand what you mean by your recent moves are at odds with automatic allocation and rebalancing... What I'm talking about is the preset allocation of funds within the L 2040 / L 2050, and the automatic rebalancing. You stated that last year you moved from 2020/2030 to 2030/2040, and the...
by nps
Thu Nov 30, 2017 6:53 am
Forum: Investing - Help with Personal Investments
Topic: New TSP Investing Strategy
Replies: 18
Views: 2133

Re: New TSP Investing Strategy

Ok, but your recent moves are at odds with automatic allocation and rebalancing, and as I mentioned they are also going the opposite direction as the L fund glidepaths. It may be that you needed to increase risk to achieve your financial goals, but if that's the case don't kid yourself that it's som...