Search found 1079 matches

by trueblueky
Fri May 19, 2017 10:28 pm
Forum: Investing - Theory, News & General
Topic: I'm hearing conflicting advice on putting bonds in tax-protected accounts....?
Replies: 20
Views: 2372

Re: I'm hearing conflicting advice on putting bonds in tax-protected accounts....?

tax-deferred (401k, tIRA...): equities tax-free (Roth IRA,...): equities taxable: municipal bonds + equities I like this delineation of the three types of accounts: Tax-Deferred, Tax-Free, Taxable Would like to encourage the wiki folks to use these categories as well. It looks more tidy. Or you can...
by trueblueky
Wed May 17, 2017 2:00 pm
Forum: Investing - Theory, News & General
Topic: How to construct an index from a set of stocks?
Replies: 3
Views: 337

Re: How to construct an index from a set of stocks?

You could add the market caps. Then drop enough digits to get a number between 100 and 10,000. This has the advantage of showing the market cap. Or make the starting value 1000 by dividing the initial market cap by itself, then multiplying by 1000. This has the advantage of quickly showing the chang...
by trueblueky
Wed May 17, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: When to take interest in a CD?
Replies: 18
Views: 1333

Re: When to take interest in a CD?

I think if I do annual interest, I would not have to pay taxes on it until 2018 (since I started the CD in 2017). If however I do monthly interest, I would incur some tax in for 2017, is that correct? Yes. Monthly interest you receive in 2017 will be taxable income for the 2017 tax year, which you ...
by trueblueky
Fri May 05, 2017 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Manual allocations of our retirement 403 accounts
Replies: 7
Views: 329

Re: Manual allocations of our retirement 403 accounts

Hi all! I'm now about to take the next step in our investment journey and ready to turn off auto-allocations for my wife and mine's retirement accounts. It's my first year learning about investments and such and I've learned so much already from you all, but still have so much more to go! I'm hopin...
by trueblueky
Tue May 02, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 53
Views: 4455

Re: Looking For Advice - Move NY -> Tampa?

Just my very, very subjective $0.02, but Tampa is a very boring place. Apart from the beaches and fishing, there really isn't a whole lot to do and pretty much everywhere you go it is just a sea of strip malls, McMansions, and chain restaurants. After a few years living there (mostly in Carrollwood...
by trueblueky
Sun Apr 30, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 53
Views: 4455

Re: Looking For Advice - Move NY -> Tampa?

If that study turns out to be true, it will only affect a small percentage of the land mass in the area. One could certainly buy an expensive home there if they get one far enough inland. From Wikipedia: "...Sugarloaf Mountain: At 312 feet (95 meters) above sea level it is...the highest point ...
by trueblueky
Sun Apr 23, 2017 3:56 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 180
Views: 15215

Re: 2017 hedge fund contest

65 entrants. If the odds are a coin flip on any individual stock, then the chance of being right six times = 1/2^6 = 1/32. Not every entrant had six selections. Still, not surprising that one had six right. We might have to revoke your math degree there, trueblueky. 2^6 is 64, and we have 28 entrie...
by trueblueky
Sat Apr 22, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: typical deductions for retirees
Replies: 27
Views: 2354

Re: typical deductions for retirees

I have been inputting different scenarios into the free HR block income tax calculator for predicting 2017 and beyond. I realize that once retired, i would only have 3 deductions, a lot less than when I am employed. My only write offs would be charitable donations, state tax refund, and real estate...
by trueblueky
Sat Apr 22, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 180
Views: 15215

Re: 2017 hedge fund contest

As a side note, inbox788's fund is the sole contestant who is in winning on all 6 of his picks. Although not everyone picked a full slate of 6 possible entries, the fact that he has picked 3 long winners and 3 short winners can hardly be due to chance alone - just ask him ;). 65 entrants. If the od...
by trueblueky
Sat Apr 22, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Investment plan needed
Replies: 12
Views: 1052

Re: Advice on Investment plan needed

I would make a spreadsheet with the basis and current price of each fund that is in a taxable account. This helps you know, from a tax view, where to begin to reduce the number of funds. It may take a while to unwind those. I would immediately stop automatic reinvestment of dividends in the taxable ...
by trueblueky
Wed Apr 12, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: For CPAs or EAs, Incorrect 1095-A
Replies: 2
Views: 233

Re: For CPAs or EAs, Incorrect 1095-A

I received a 1095-A form (Health Insurance Marketplace Statement) several months ago that was incorrect. I called the Health Insurance Marketplace phone number to inform them and they said they would send me a corrected form. I received the corrected form a few days ago but the information is the s...
by trueblueky
Wed Apr 12, 2017 2:01 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing to control risk doesn't make sense to me
Replies: 175
Views: 11785

Re: Rebalancing to control risk doesn't make sense to me

I'm a bit surprised that no one has mentioned the historical performance of rebalancing as opposed to not rebalancing. From 1987 to 2017, a 60% TSM / 40% TBM portfolio with rebalancing had a CAGR of 8.85% and a standard deviation of 9.38%. The same portfolio with no rebalancing had a CAGR of 8.94% ...
by trueblueky
Mon Apr 03, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Van. Int. Index percentage in Roth IRA vs. TSP I fund
Replies: 4
Views: 361

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

luke123 wrote:I realize the TSP I fund is not as good as the Van. Total International Index.

TSP I is not as complete as it doesn't include emerging markets. Adding an emerging markets fund to Roth can complete that for you.

Note that I Fund tracks the same EAFE index as Fidelity.
by trueblueky
Sun Mar 19, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: IRS moving expense deduction and home offices
Replies: 3
Views: 421

Re: IRS moving expense deduction and home offices

Did you claim office-in-home expenses? Did you receive travel expenses when you went to the main office once a quarter? Either of those might help establish where your old job was. Thanks, that's helpful. I never claimed home office expenses because it seemed like too much trouble for too little. I...
by trueblueky
Sat Mar 18, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5579

Re: How long to keep previous years Income tax returns????

https://www.irs.gov/individuals/tax-ret ... order-them

If you haven't kept the returns, you can get transcripts from the IRS. I've used this service for TaxAide clients.
by trueblueky
Sat Mar 18, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: IRS moving expense deduction and home offices
Replies: 3
Views: 421

Re: IRS moving expense deduction and home offices

Did you claim office-in-home expenses? Did you receive travel expenses when you went to the main office once a quarter?

Either of those might help establish where your old job was.
by trueblueky
Fri Feb 24, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5589

Re: Check Your Beneficiaries!

For many people, the designation of beneficiaries might be more important than their will. It might control the disposition of larger, even much larger amounts of money. +1 "For many people, the designation of beneficiaries might be more important than their will." My investments are wort...
by trueblueky
Fri Feb 24, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 56
Views: 5589

Re: Check Your Beneficiaries!

For many people, the designation of beneficiaries might be more important than their will. It might control the disposition of larger, even much larger amounts of money. +1 "For many people, the designation of beneficiaries might be more important than their will." My investments are wort...
by trueblueky
Fri Feb 03, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Where to Park Emergency Fund to protect against inflation
Replies: 32
Views: 3998

Re: Where to Park Emergency Fund to protect against inflation

You can buy $10,000 annually in I Bonds. These will keep up with inflation and pay a little extra. For the first year, these cannot be withdrawn and for the first five years you lose the latest three months of interest.
by trueblueky
Sun Jan 15, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 153
Views: 30820

Re: "Why 97% of People Don't Use 529 College Savings Plans."

We used 529 because our state encouraged it with a tax break on state income tax. We found they allowed us to add new money the same year we were taking it out, so really no-brainer to save 8.8%.
by trueblueky
Tue Jan 10, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 180
Views: 15215

Re: 2017 hedge fund contest

By my count 15 funds shorted Sears Holdings (SHLD). With 64 entries, that's nearly a one out of every four! One participant bucked the trend and picked it on the long side. The most common long stock is ExxonMobil (XOM) with four people choosing it. You could start a new contest -- what day will SH...
by trueblueky
Thu Jan 05, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 180
Views: 15215

Re: 2017 hedge fund contest

20%4Me Hedge Fund

Short SHLD
Short SMG
Short AAPL

Disregard below the line :mrgreen:
____________________

Long Swiss Francs
Long Chicago Blackhawks
Long Anaconda
by trueblueky
Sun Jan 01, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Plans and Tax Deferred investing - references
Replies: 25
Views: 1712

Re: Retirement Plans and Tax Deferred investing - references

Yes, FERS. ...appreciate the additional feedback as there always seem to be twists and turns, some not always covered in the Wiki, or these "general audience books or blogs"....and threads are hit or miss until hopefully you've read enough of them - and depending on the topic, that could ...
by trueblueky
Sat Dec 31, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Plans and Tax Deferred investing - references
Replies: 25
Views: 1712

Re: Retirement Plans and Tax Deferred investing - references

Off hand they minimize or eliminate RMDs after 70.5. If you do them in zero income years you would enhance the advantages. And of course even in your 50s you would expect to receive a few decades of tax free returns from the investments you converted. Ok, now we're getting somewhere - thank you for...
by trueblueky
Wed Dec 28, 2016 7:13 pm
Forum: Investing - Theory, News & General
Topic: 3 Fund question with charles schwab
Replies: 24
Views: 2343

Re: 3 Fund question with charles schwab

No, Schwab doesn't have a share class that has lower expense ratios. Personally, I think the ETFs are the way to invest at Schwab. They have lower expense ratios than the corresponding mutual funds you listed. +1 SCHB, SCHZ and whatever you decide for international (SCHE, SCHF are a possible combin...
by trueblueky
Mon Dec 19, 2016 7:00 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 6943

Re: Charles Schwab Experiences?

DW had a Schwab account when we married last century. My Roth and traditional IRA are there because of the good service she receives, which includes no nagging sales calls. We have been to the local office; they will help her with moving my accounts to inherited when I pass. She's comfortable with t...
by trueblueky
Sun Dec 18, 2016 12:47 pm
Forum: Investing - Theory, News & General
Topic: Which Vanguard Tax-Exempt fund?
Replies: 22
Views: 2387

Re: Which Vanguard Tax-Exempt fund?

I don't know how a municipal bond fund could ever be truly passive. With an S&P 500 index fund, a manager could buy each of the 500 stocks proportionately. There are thousands of municipalities -- 3,400+ counties alone, plus cities, water districts, etc. I don't know how anyone could replicate t...
by trueblueky
Sun Dec 18, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: is this a good time to increase bonds and switch from target retirment funds
Replies: 11
Views: 1601

Re: is this a good time to increase bonds and switch from target retirment funds

BolderBoy wrote:
trueblueky wrote:Any time is a good time to move from 95/5 to 75/25, in my opinion. The target date funds that are that concentrated in stocks differ little from an all-star fund.

What is an "all-star fund"?

All-stock
I corrected it. #@$@¡® autocorrect.
by trueblueky
Sun Dec 18, 2016 8:42 am
Forum: Investing - Help with Personal Investments
Topic: is this a good time to increase bonds and switch from target retirment funds
Replies: 11
Views: 1601

Re: is this a good time to increase bonds and switch from target retirment funds

Any time is a good time to move from 95/5 to 75/25, in my opinion. The target date funds that are that concentrated in stocks differ little from an all-stock fund. Wiser people than I have said that stocks should be in the 20-80% or 25-75% range, regardless. That's one of my core operating beliefs. ...
by trueblueky
Tue Dec 13, 2016 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: year end tax optimization maneuvers (prepay property tax etc)
Replies: 3
Views: 728

Re: year end tax optimization maneuvers (prepay property tax etc)

Accelerating contributions to your alma mater, place of worship, etc. can help.
by trueblueky
Wed Dec 07, 2016 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: Help with fund transfers and Thrift Savings Plan
Replies: 4
Views: 354

Re: Help with fund transfers and Thrift Savings Plan

When you want to make a TSP change, there are two options:

* change where all new contributions go
* change the allocation of existing funds

Sounds like you did one, but not the other. No biggie. The site lets you change both.
by trueblueky
Wed Dec 07, 2016 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocations 43 yr old
Replies: 47
Views: 4515

Re: TSP Allocations 43 yr old

The only funds in the L Funds are the five TSP funds. Every day, thousands (millions?) of shares of those five funds are bought and sold. Likely, much of this cancels so that BlackRock need only deal with the net.
by trueblueky
Tue Dec 06, 2016 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2347

Re: Is Federal Health Benefits Program A Good System?

Any increased cost to FEHB of older federal workers and retirees is partially offset by Medicare being the first player once it starts.

I'd like to see the numbers too.
by trueblueky
Tue Dec 06, 2016 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Tax impact of switching from W-2 to K-1?
Replies: 9
Views: 1153

Re: Tax impact of switching from W-2 to K-1?

1. Yes, you will now have to pay SE tax. 15.3% instead of 7.65% up to the SS max wage base (2016 = $118,500, 2017 = $125,200). 2.9% instead of 1.45% after that. The ACA surtax if subject to it is only on the employee so that will not change. Hopefully, they will increase your income more than enoug...
by trueblueky
Mon Dec 05, 2016 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: TSP Allocations 43 yr old
Replies: 47
Views: 4515

Re: TSP Allocations 43 yr old

Hello Bogleheads, I am new to this forum and think this is a great source of information. I would like your opinion on how to allocate my TSP for the long term. I little background: Fed Gov employee, 43 yrs old, I will have zero debt at the end of this month with $25k in Emergency fund (Thank you D...
by trueblueky
Mon Dec 05, 2016 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is Federal Health Benefits Program A Good System?
Replies: 31
Views: 2347

Re: Is Federal Health Benefits Program A Good System?

Probably the "part" of FEHB that most folks find so "good" is how much (especially for families) the employer (federal govt/taxpayers) pays as the "share" of the costs. That "share" (especially for full families) is probably more than what a typical employer ...
by trueblueky
Wed Nov 30, 2016 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: New Company New (bad) Plan - Suggestions, Please?
Replies: 9
Views: 860

Re: New Company New (bad) Plan - Suggestions, Please?

I know that htis does not resolve your issues, but consider contributing up to any match, and then put the rest in an IRA/ROTH IRA at Vanguard where you can pick and choose. elgob +1 If you're receiving a match on your contribution, you can consider the ER as the cost of getting that. If I were usi...
by trueblueky
Sun Nov 27, 2016 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: OK for me to retire in early 2017?
Replies: 14
Views: 3959

Re: OK for me to retire in early 2017?

I am pretty sure I am eligible for health insurance as a spouse of a retiree/FERS annuitant . Until DW retires, should she pass before retiring, I lose that eligibility no matter whether I am currently on her health plan. At any rate, I will be on her plan as of late February. https://www.opm.gov/h...
by trueblueky
Fri Nov 25, 2016 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: A nice little windfall
Replies: 24
Views: 4068

Re: A nice little windfall

TSP is the best place for retirement funds for them. If he is not maximizing his contribution, this money may allow them to do that. If she has TSP from her time in service, she can contribute to an IRA, then transfer it to TSP. Paying off the debt and establishing an emergency fund come first, IMO.
by trueblueky
Fri Nov 25, 2016 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: OK for me to retire in early 2017?
Replies: 14
Views: 3959

Re: OK for me to retire in early 2017?

mrc wrote:As a 20+ year FERS employee, she will receive a pension, and can enroll us both in FEHB (health insurance with reduced premiums) now and in retirement.

"Can enroll" concerns me.
She needs to be in FEHB for five years before retirement to carry it into retirement.
by trueblueky
Fri Nov 25, 2016 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Investing advice for couple (late start to investing)
Replies: 2
Views: 609

Re: Investing advice for couple (late start to investing)

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-contributions discusses limits. The IRA limit is $6,500 for 50 or older. The 401k limit is $18,000 plus $6,000 catchup if the plan allows catchup for employees 50 and over. (Her 401k is limited by her compensation, so i...
by trueblueky
Sun Nov 20, 2016 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bomb at 70 1/2
Replies: 71
Views: 10016

Re: Tax bomb at 70 1/2

The other tax bomb is having RMDs push you into a higher Medicare part B cost bracket when the spouse dies. If you make more than $85K you pay $170 per month vs $104-120. So not only do you pay more taxes you also pay more for Medicare. And most widowers also loose some income like the spouse SS an...
by trueblueky
Thu Nov 17, 2016 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Balanced Versus Target Funds
Replies: 7
Views: 978

Re: Balanced Versus Target Funds

Wellington has an asset allocation (AA) of 65% stocks, 35% bonds/cash with an expense ratio (ER) of 0.26%. Admiral class shares have a 0.18% ER, if you have $50,000 to qualify. Wellesley has AA of 35/65 with an ER of 0.23%. The Admiral class has 0.16% ER, again with $50,000 minimum. Your overall AA ...
by trueblueky
Fri Nov 11, 2016 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: 50% Increase in my Long Term Care Policy
Replies: 23
Views: 2841

Re: 50% Increase in my Long Term Care Policy

"The only people who have a chance of much relief from this are federal employees, to the extent that they share the program with Congress." and "I beg to differ - Federal employees/retirees just got hit with premium increases up to 83%." My wife is a retired federal employee so...
by trueblueky
Thu Nov 10, 2016 11:00 am
Forum: Investing - Theory, News & General
Topic: Bonds are getting crushed...
Replies: 42
Views: 9436

Re: Bonds are getting crushed...

there is also another issue with headlines. As they are meant to get you to read an article, in my experience they often mischaracterize the article. There's that. Another reason is that the person who wrote the article is not the person who writes the headline. Imagine your job is to scan the stor...
by trueblueky
Thu Nov 10, 2016 10:45 am
Forum: Investing - Help with Personal Investments
Topic: TSP G Fund
Replies: 18
Views: 2567

Re: TSP G Fund

DSInvestor wrote:IMO, G fund would be fine for all of your bond allocation. If considering holding a bond fund at Vanguard, don't forget that the F fund is similar to Vanguard Total Bond Market but with much lower expense ratio.

+1
G Fund never has a bad day.
by trueblueky
Fri Nov 04, 2016 2:59 pm
Forum: Investing - Theory, News & General
Topic: Continuous TLH Strategy
Replies: 18
Views: 1726

Re: Continuous TLH Strategy

If you have tax-deferred in TSP, and taxable elsewhere, I believe most TLH can be done without fear of wash sales. G Fund is not equivalent to any bond fund (never a wash) C Fund plus S Fund = TSM (not a wash since it takes two funds to replace one) I Fund follows a different index than TISM (not a ...
by trueblueky
Sun Oct 30, 2016 3:03 pm
Forum: Investing - Theory, News & General
Topic: How much international?
Replies: 80
Views: 8111

Re: How much international?

1/3 of equities. Since I'm 60/40, that makes the overall 40% US stocks, 20% International stocks, 40% bonds. All are low-cost index, divided between tIRA and TSP. Do I have any reason to think that's "better" than 60/40 with 30% of stocks international? No. It's just that 40/20/40 is simpl...
by trueblueky
Sat Oct 29, 2016 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Income needed pre-tax to generate a certain amount
Replies: 18
Views: 1891

Re: Income needed pre-tax to generate a certain amount

To have $80k to spend in retirement does not mean he needs $80k in income. You need to know what his funding sources are - Roth accounts aren't taxed at all, taxable investment accounts may generate capital gains rather than income, qualified dividends etc. Agree. If OP provides more detail, we can...

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