Search found 602 matches

by ray.james
Thu Jul 28, 2016 5:44 pm
Forum: Investing - Theory, News & General
Topic: FTSE ex US Small Cap Fund Performance
Replies: 27
Views: 1187

Re: FTSE ex US Small Cap Fund Performance

Doc, I think it is also important to consider that it is compared with just 6 funds in its category. So for average it has to be 3rd or 4th? There are 29 distinct funds in the M* Foreign Small/Mid category. Perhaps you are looking only at ETFs. Vg FTSE sml cap institutional ranks 82. You are right....
by ray.james
Thu Jul 28, 2016 3:57 pm
Forum: Investing - Theory, News & General
Topic: FTSE ex US Small Cap Fund Performance
Replies: 27
Views: 1187

Re: FTSE ex US Small Cap Fund Performance

Doc,
I think it is also important to consider that it is compared with just 6 funds in its category. So for average it has to be 3rd or 4th?
by ray.james
Fri Jul 22, 2016 4:10 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 199
Views: 27686

Re: I'm Calling an Emerging Markets Bottom

EM is having a blast. I am glad I did not jump off bandwagon. Slowly increased allocation as forward valuation went under 10 making it close to 50-50 with developed international. To be fair, EM actually performed less than expected as index is overloaded with china which was Flat . The other 50% th...
by ray.james
Fri Jul 22, 2016 12:52 am
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 185
Views: 14489

Re: How many folks choose to give inheritance to their children in unequal portions?

Looking through extended family, here are some things that worked or didn't I have seen people who left house with no sell/loan/trust instructions to the struggling child and had success. Some one I know left farm land and when the child finally got his act together and turned his life around. I hav...
by ray.james
Thu Jul 21, 2016 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2535

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

If you contribute $5k and do not deduct it from your taxes and convert $5k to Roth, that $5k is not subject to the 5 year clock because it was not taxable at the conversion. Yes, it is very very confusing. (Hope I got it right. :P ) I think I understand now. Since the income was already taxed and n...
by ray.james
Thu Jul 21, 2016 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2535

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

That's good. I still can't figure why they think you owe for $22k, not $11k unless there is something else wrong with your return.. I had similar experience with IRS when I used roth as emergency fund during first 2 years out of school. What happened was IRS treats IRA withdrawals taxable unless we...
by ray.james
Thu Jul 21, 2016 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2535

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

There is a 10% penalty for withdrawing the $1.97 in earnings because you did not observe the 5 year waiting period on the amount taxed at conversion. -And there should be both tax and penalty on the $17.85 in earnings that occurred inside the Roth IRA assuming you were not over 59.5 and your Roth I...
by ray.james
Thu Jul 21, 2016 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!
Replies: 37
Views: 2535

Re: Tax help - IRS asking for money for 2014- messed up backdoor ROTH - form 8606 - PLEASE HELP!!!!!!!

1) First is it reported as deductible or non deductible ira when you filed taxes. --Get 2014, 2015 8606 forms to confirm what was done. If one is not filed you need to file one. -- If this was filed as deductible ira, the income tax has to be paid. 2) Irrespective of above, if you converted money to...
by ray.james
Wed Jul 20, 2016 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: IRS questioning my backdoor roth?
Replies: 37
Views: 4601

Re: IRS questioning my backdoor roth?

In my case turbotax did not report 8606 correctly. The first time I did the questions, it was very confusing.

Also, 8606 is an independent form. So you do not need to amend the entire return to file it with IRS.
by ray.james
Tue Jul 19, 2016 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with a bit of extra money each month?
Replies: 40
Views: 2645

Re: What to do with a bit of extra money each month?

Hello Ron, I always appreciated your advice in bay area home buying and other bay area threads. I did not see information on kids/529. If that is not a factor involved, backdoor mega Roth is a good option if it is possible through wife's work place. Based on information, between pension, 401k and so...
by ray.james
Fri Jul 08, 2016 3:58 pm
Forum: Investing - Theory, News & General
Topic: S+P 500 is not very diversified
Replies: 77
Views: 5400

Re: S+P 500 is not very diversified

On the other side of the aisle are the studies that show just 30 stocks are needed to get the diversification and R2 to as much as 85-90% of S&P 500. If the goal of diversification is to move away from the risks of single stock, then this is probably the best deal out there. Our wiki has surpris...
by ray.james
Tue Jul 05, 2016 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Social security loss if retiring early
Replies: 28
Views: 2446

Re: Social security loss if retiring early

englishgirl wrote:I think this is a nice write up: http://rootofgood.com/early-retirement-social-security/


This is excellent link. I was about to post what are bend points. Thanks for a good primer to understand social security.
by ray.james
Tue Jul 05, 2016 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Real estate location - Important factors
Replies: 19
Views: 1343

Re: Real estate location - Important factors

Thank you all for the responses. It provided quite a few things that I did not think about. The school districts are king in maintaining the price where I live. However some of the items like cul de sac, road, electric wires etc etc., just raises the price too much in bay area. Probably by same perc...
by ray.james
Mon Jul 04, 2016 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate location - Important factors
Replies: 19
Views: 1343

Real estate location - Important factors

Hello all, We live in Bay are and before that Phoenix. after seeing the last bubble and the current real estate market; I am wondering what factors influence 1) Price/value of the home. 2)Less reselling time. This is related to above but not complete correlation. In my limited home search based on p...
by ray.james
Fri Jul 01, 2016 1:58 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut cord?
Replies: 145
Views: 8697

Re: How many of you have cut cord?

I haven't had cable since I left home for college. Early Netflix adopter. Thinking of HBO now. OTA channels do the trick. Internet live casting does most of the other content I watch. So does a sizable chunk in my generation. Except for those that are huge games fan, most of us survive on Netflix.
by ray.james
Fri Jul 01, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: Relative tax efficiency including Foreign Tax Credit (VSS, VWO, VBR, etc.)
Replies: 67
Views: 4021

Re: Relative tax efficiency including Foreign Tax Credit (VSS, VWO, VBR, etc.)

Triceratops, This is a great thread. I have moved some international funds in to Tax deferred after realizing this. I do however think, despite tax efficiency sometimes international is best placed in taxable. Its market timing to guess volatility but TLH opportunities have been much higher due to v...
by ray.james
Fri Jul 01, 2016 12:06 pm
Forum: Investing - Theory, News & General
Topic: Really bad days (RBDs) and porfolio performance
Replies: 35
Views: 1758

Re: Really bad days (RBDs) and porfolio performance

Thanks Willbo for the analysis. Interesting graph. Looking at the graph carefully RBD did work until there is prolonged RBD or lets call it RBM - really bad month and a full blown recession? What is the expectation if there is a second RBD before it was re balanced back? Does it add another 5% or ke...
by ray.james
Thu Jun 30, 2016 2:20 pm
Forum: Investing - Theory, News & General
Topic: What's the deal with Japan?
Replies: 62
Views: 6575

Re: What's the deal with Japan?

How have they lived so well during this period? I suspect that increasing debt has a lot to do with it. Currently Japanese governmental debt is 230% of GDP which by contrast makes Greece look like a responsible thrifty government. Debt is wonderful in the short term at maintaining lifestyle. In the...
by ray.james
Tue Jun 28, 2016 5:29 pm
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 5311

Re: Why is everyone up in arms about Costco's credit transition?

At my local Costco, it is still packed with people. There is one instance where someone had master debit card and Amex card. But that's all I saw as hiccups from transition. This pretty much sounds like Netflix increasing price by 2 dollars and lost value in stock for no reason. Less than 6 months l...
by ray.james
Tue Jun 28, 2016 4:11 pm
Forum: Investing - Theory, News & General
Topic: For those that "buy" during stock market downturns...
Replies: 158
Views: 10206

Re: For those that "buy" during stock market downturns...

I change my allocation based on valuations. So usually a 15%+ drop is needed to make a change. Bonds floor :20%(Glide with age -20) stocks floor:40%- 25% US+ 15% international(same as above) So that's 60%. Other 40% will vary based on valuation. BTW, I didn't buy any different with this brexit as no...
by ray.james
Fri Jun 24, 2016 4:25 pm
Forum: Investing - Theory, News & General
Topic: Plunge and Panic-Do You Get It Now?
Replies: 108
Views: 12291

Re: Do You See it Now?

Good post. Nisi's post on this subject should probably be a paper in crowd theory journal or so. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=79939 Our U.S. stock fell, why? Did they all suddenly go bad? Are they going to stop selling products and making profits? Good try, but they haven...
by ray.james
Fri Jun 24, 2016 3:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3087
Views: 684518

Re: U.S. stocks in freefall

Ha! RBDs on a Friday do not have to acted upon. The Monday after a Friday RBD is always interesting. The weekend gives people time to look at their portfolios and make interesting decisions. You are not rebalancing into VXUS because it is a Friday ? It is currently down 6.5% :!: I recognize that it...
by ray.james
Fri Jun 24, 2016 3:51 pm
Forum: Investing - Theory, News & General
Topic: Technical analysis
Replies: 6
Views: 722

Re: Technical analysis

For someone who does not know anything about technical analysis, what is it exactly supposed to predict? recessions?

I realize it cannot predict natural disasters or black swan events.
by ray.james
Fri Jun 24, 2016 2:53 am
Forum: Investing - Help with Personal Investments
Topic: BREXIT - Invest tomorrow?
Replies: 68
Views: 9928

Re: BREXIT - Invest tomorrow?

ray.james wrote:I do not understand the Euphoria. In the last 5 days international was up 3.2%. And probably based on futures it will shed 3.5% BTW UK is only 15% of international.

I stand corrected. It is going to be 5-8%. Time to TLH.
by ray.james
Fri Jun 24, 2016 12:33 am
Forum: Investing - Help with Personal Investments
Topic: BREXIT - Invest tomorrow?
Replies: 68
Views: 9928

Re: BREXIT - Invest tomorrow?

I do not understand the Euphoria. In the last 5 days international was up 3.2%. And probably based on futures it will shed 3.5% BTW UK is only 15% of international.
by ray.james
Thu Jun 23, 2016 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Implications of 401k Saving while also managing Debt
Replies: 10
Views: 819

Re: Tax Implications of 401k Saving while also managing Debt

James, Klangfool is spot on. There are very few cases where forgoing 401k will make sense. I had a private loan of 10% in 2008-2009 days when I went with debt payoff but getting 401k only up to match. Somewhere down the road, I got a credit card with 0% APR for 18 months to pay off this debt complet...
by ray.james
Thu Jun 23, 2016 3:09 am
Forum: Personal Consumer Issues
Topic: Your favorite country to possibly retire to?
Replies: 89
Views: 6592

Re: Your favorite country to possibly retire to?

Malaysia/Indonesia - especially Bornea
Spain/Portugal
Uruguay/Chile

Each to its own advantages.
by ray.james
Wed Jun 22, 2016 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Costco Visa Online Access
Replies: 30
Views: 2013

Re: Costo Visa Online Access

I had issues with costcoSetup site last 2 days. So this morning I logged into citi account and then added it. I already had account as I had DoubleCash card. Both cards complement each other very well :D
by ray.james
Wed Jun 22, 2016 12:20 pm
Forum: Investing - Theory, News & General
Topic: Buy LNKD? [LinkedIn]
Replies: 14
Views: 1069

Re: Buy LNKD? [LinkedIn]

I have found better arbitrage situations like ETF's trading at discount right before nice dividend issue for 1-2%. What do you mean by this? A dividend doesn't change your total value. It is very vague but the primary driver is buying an international ETF on a RBD when it is on a discount of 1%. Th...
by ray.james
Tue Jun 21, 2016 10:52 pm
Forum: Investing - Theory, News & General
Topic: Buy LNKD? [LinkedIn]
Replies: 14
Views: 1069

Re: Buy LNKD? [LinkedIn]

This is not one of those "good way to make small %"
Linkedin stock was at 120 before. If that small margin of the deal not happening => 30% loss. Hmnn , no thanks.

I have found better arbitrage situations like ETF's trading at discount right before nice dividend issue for 1-2%.
by ray.james
Tue Jun 21, 2016 1:40 am
Forum: Personal Finance (Not Investing)
Topic: Can we/Should we buy this house (SF Bay Area)
Replies: 54
Views: 5294

Re: Can we/Should we buy this house (SF Bay Area)

Speaking as a SF homeowner, I don't think you can just hand wave away the property taxes. They will be about $1000/mo. Sure that's deductable, but it's still $600+ real. And for a 60 year old house, you should budget at least $500/ mo for maintenance/cap-ex, imho. I believe Op's math is tax deducti...
by ray.james
Mon Jun 20, 2016 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house and IRS question
Replies: 19
Views: 1105

Re: Buying a house and IRS question

This happened to me when I made roth conversion and did not report it correctly.
Also happens with Roth withdrawals, interest account, last year state tax returns(took itemized) etc etc.,
by ray.james
Mon Jun 20, 2016 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/Should we buy this house (SF Bay Area)
Replies: 54
Views: 5294

Re: Can we/Should we buy this house (SF Bay Area)

OP, If you are happy with schools and commute(and possible future commute), go ahead and buy. Life is always uncertain. You have enough reserves to come out of recession unscathed. Other considerations: Check if you need more umbrella coverage since you have a new asset. Houses are old in Bay area. ...
by ray.james
Fri Jun 17, 2016 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Could John Bogle Be Right About International Stock?
Replies: 222
Views: 26504

Re: Could John Bogle Be Right About International Stock?

Kevin, Got to appreciate your patience. Some of the posts in this thread are pretty much petty! We used to have much better qualitative discussions on this topic. International seems to have been shunned constantly on the forum with new threads popping everywhere. Yet the core fundamentals of the as...
by ray.james
Thu Jun 16, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: I want to be Handyman for my tasks
Replies: 85
Views: 4727

Re: I want to be Handyman for my tasks

OP, I do not own a home but recently joined a Habitat for Humanity program in my local area. They build/repair/renovate homes for vets, disabled, repair - parks/trails etc., A lot of them teach you on the job and I have found this experience very helpful. I volunteer 2-3 days in a month. I also like...
by ray.james
Thu Jun 16, 2016 1:18 am
Forum: Investing - Help with Personal Investments
Topic: Could John Bogle Be Right About International Stock?
Replies: 222
Views: 26504

Re: Could John Bogle Be Right About International Stock?

The great Achaemenid empire, Gupta's/Nandas golden age, Macedonia empire, Great Mauryan Kingdom, Han dynasty, Roman empire, Mongol, Yuan, spanish, Qing, Russian, British - All thought the out-performance will continue. While some of these lasted centuries, most barely crossed 2-3 centuries of out pe...
by ray.james
Wed Jun 15, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Save taxes by putting into 401k and converting to roth 401k?
Replies: 7
Views: 511

Re: Save taxes by putting into 401k and converting to roth 401k?

I cannot think of any scenario unless - If you move from California to <Texas/No state tax state> and do it next year.

Email him/firm for more clarification.
by ray.james
Wed Jun 15, 2016 4:41 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5091

Re: Jack Bogle will Appear on Webinar [Today Wed., June 15]

I also loved the part moderator Rebecca trying to summarize a few questions as comprehensive one question for Jack: Moderator: A lot of people are asking should they be worried about low interest environment and change their allocation. Uhmm...people on both bonds and stocks seems worried..uhmm..A f...
by ray.james
Wed Jun 15, 2016 1:43 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle will Appear on Webinar [June 15]
Replies: 66
Views: 5091

Re: Jack Bogle will Appear on Webinar [Today Wed., June 15]

Thanks for the bump, Mel. Just registered.
by ray.james
Wed Jun 15, 2016 12:54 am
Forum: Investing - Help with Personal Investments
Topic: How to handle MSFT buyout of LNKD
Replies: 20
Views: 2331

Re: How to handle MSFT buyout of LNKD

I'm not advocating either stock; I don't hold either (and I actually was fairly negative on LinkedIn's pre-merget prospects in general, despite knowing several people who work there). I'm just saying that there are obvious synergies. For the overlapping part of the user bases, it would bring additi...
by ray.james
Tue Jun 14, 2016 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Auto bodily injury 100/300 increased to 250/500? Why?
Replies: 25
Views: 2198

Re: Auto bodily injury 100/300 increased to 250/500? Why?

I assure you, unless insurance rules change, Uninsured and Under-insured motorist coverage won't be skimped on again. I balance higher limits with higher deductibles. Broken Man 1999 After a few experiences of a close friend who now has chronic back issues, these words ring well with me. Before, I ...
by ray.james
Tue Jun 14, 2016 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off the mortgage today
Replies: 67
Views: 5926

Re: Paid off the mortgage today

Congrats watty. Time for some :sharebeer and a small bonfire :D
by ray.james
Mon Jun 13, 2016 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle MSFT buyout of LNKD
Replies: 20
Views: 2331

Re: How to handle MSFT buyout of LNKD

I am still trying to understand this transaction. It is simple. A quick search show that there are supposedly about 400 million people with LinkedIn accounts. Microsoft paid $26 Billion for it. That is $65 per account.... Er, I don't understand it either. :oops: This is the thing that baffles me. U...
by ray.james
Mon Jun 13, 2016 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle MSFT buyout of LNKD
Replies: 20
Views: 2331

Re: How to handle MSFT buyout of LNKD

I would look at Long term capital gains. If I am not wrong, for RSU it is a 2 year period since they vested? Selling those at increased price will be awesome. For stock that is still to turn long term, well it is up to you depending on tax situation. IMP: Do know that there is the risk of the deal f...
by ray.james
Mon Jun 13, 2016 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Pay zero taxes legally ?
Replies: 53
Views: 4512

Re: Pay zero taxes legally ?

I make just over six figures and will end up paying zero in federal income taxes this year. Having two kids helps and takes $2,000 right off my tax bill plus the personal exemptions as well. I also bunch sizable charitable contributions though I realize that's not for everyone. 1) $18,000 is deduct...
by ray.james
Tue Jun 07, 2016 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Payoff Plan - Seeking Advice
Replies: 16
Views: 1707

Re: Debt Payoff Plan - Seeking Advice

Don't miss out 401k match as you payoff.
by ray.james
Mon Jun 06, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: Thinking of buying a used luxury car-need help!
Replies: 21
Views: 1808

Re: Thinking of buying a used luxury car-need help!

I would go for Cadillac or Lexus between those 2. No love for Beamer. Cadillac is great value. The issues depend on specific year and models in many case.
by ray.james
Wed Jun 01, 2016 11:34 pm
Forum: Investing - Theory, News & General
Topic: Non-linear Tax Code and Roth vs Traditional IRA
Replies: 57
Views: 4267

Re: Non-linear Tax Code and Roth vs Traditional IRA

I have thought about this and concluded it is really circumstantial. It is hard to predict the tax brackets, inflation, income and market returns. However something that I do is to put the fund with highest return in Roth. That was TSM in 2012. In 2015 AUG it was changed to VWO(Emerging markets). Us...
by ray.james
Wed Jun 01, 2016 7:06 pm
Forum: Investing - Theory, News & General
Topic: International stocks underperformed for the last 20 years.
Replies: 135
Views: 10009

Re: International stocks underperformed for the last 20 years.

I am 50% international equity myself, but based on how much everyone here seems to want to move away from international (because of an arbitrary 20 year period :oops:) I think I my need to up that allocation. Seems like too good of a deal to pass up :mrgreen: Considering that international stocks h...

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