Search found 799 matches

by walletless
Mon Jun 18, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: mega backdoor Roth -- why not stay in the roth 401(k)
Replies: 14
Views: 1170

Re: mega backdoor Roth -- why not stay in the roth 401(k)

There is nothing wrong with rolling over to Roth 401k as long as you're aware and ok with one other difference: Your balance in 401K (Roth or traditional) is subject to Required Minimum Distributions (RMD), whereas Roth IRA is not. My strategy is to keep rolling into Roth 401k for now to take advant...
by walletless
Thu May 31, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

Wow, no reply here today. We're getting used to this!
by walletless
Wed May 09, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Is this actualy TLH? Wealthfront transactions are confusing
Replies: 6
Views: 371

Re: Is this actualy TLH? Wealthfront transactions are confusing

It's a bit more complicated than that. This small read will help clarify how replacement lots work: http://www.fairmark.com/capgain/wash/wsreplac.htm Oh, is this the way it works? I begin to buy shares in VWO as my primary ETF for this asset class. I continue to buy shares in it with semi-monthly de...
by walletless
Wed May 09, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Is this actualy TLH? Wealthfront transactions are confusing
Replies: 6
Views: 371

Re: Is this actualy TLH? Wealthfront transactions are confusing

This transaction should qualify for tlh if "replacement shares" were not purchased within the 30 day period. I'm assuming they purchased some other similar emerging markets shares to replace the sold lot.
by walletless
Fri Apr 27, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance from abroad - how to plan?
Replies: 3
Views: 506

Inheritance from abroad - how to plan?

My parents live abroad (and are non-US citizens), and will likely leave a very substantial inheritance for me and my sibling. Their total assets, including property, jewelry, stocks, and cash will likely add to (roughly) north of $5 Million. Split evenly, I expect to have an inheritance of 2-2.5 mil...
by walletless
Tue Apr 17, 2018 1:54 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 340128

Re: What are you up YTD? [Year To Date]

-0.4%
84% stocks (70% domestic, 30% international)
16% total bonds
by walletless
Thu Apr 12, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 7044

Re: Passport photo DIY - anyone done it easily?

For something that you only have to do once a decade, and costs less than 15 bucks tops, I'm amazed there's this much discussion on the subject. It's not only about cost. There are several reasons (besides cost) that I chose to DIY my photos: 1) Visas for some countries require a non-standard photo...
by walletless
Thu Apr 12, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 7044

Re: Passport photo DIY - anyone done it easily?

Problems and excuses: https://consumerist.com/2009/03/23/walgreens-doesnt-want-you-to-print-your-own-passport-photos/ https://www.flyertalk.com/forum/travelbuzz/1528576-cvs-won-t-accept-my-payment-passport-photos.html and this I've posted before https://www.ripoffreport.com/reports/cvs/westford-mas...
by walletless
Thu Apr 12, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 7044

Re: Passport photo DIY - anyone done it easily?

I'll also add that Amazon Prints (AmazonPrints.com) will print a 4x6 for just 9 cents. If you're ok waiting few weeks to ship, it's actually a cheap option that doesn't go through corporate bullshit that drugstores try to make you pay more for.
by walletless
Thu Apr 12, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 7044

Re: Passport photo DIY - anyone done it easily?

Don’t order in store. Upload to photo website and then place order for store pickup. Price will be the regular 4x6 price even if you have 6 passport photos of different individuals. Unfortunately, there have been numerous reports from upset customers that when you go pick them up in store, the stor...
by walletless
Wed Apr 11, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 7044

Re: Passport photo DIY - anyone done it easily?

It was surprisingly hard to find a pure white wall and to get a photo with no shadows with my cell phone! Ok, I didn't exactly make a heroic effort (more like asked a friend when I saw a white wall available) but it was annoying enough to get right that I just paid $9 to have it done professionally...
by walletless
Wed Apr 11, 2018 2:47 am
Forum: Personal Finance (Not Investing)
Topic: Google sheets not pulling stock prices
Replies: 21
Views: 2456

Re: Google sheets not pulling stock prices

Has anyone found an alternative to: =VALUE(Right((Index(ImportHtml(CONCATENATE("http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=",A2,"&insttype=Fund"), "table"),3,1)),7)) Using Morningstar.com: =IMPORTXML("http://quotes.morningstar.com/fund/c-header?t=" & A2, "//span[@vkey='NAV']")...
by walletless
Mon Apr 09, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Purepoint now 1.6%
Replies: 16
Views: 2373

Re: Purepoint now 1.6%

vbdoug wrote:
Mon Apr 09, 2018 2:57 pm
Purepoint sent me some "Tea Forte Noir" last week. I do not know why, but it was a nice gesture.
I didn't get anything :-(
by walletless
Mon Apr 09, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Home Safe vs Safety Deposit Box
Replies: 84
Views: 17402

Re: Home Safe vs Safety Deposit Box

Safety Deposit box for Gold/Jewelry, Copy of trust/will, Passports

AmazonBasics Home Safe for other things like 2nd copy of trust/will, car/home titles, etc.
by walletless
Mon Apr 09, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Purepoint now 1.6%
Replies: 16
Views: 2373

Re: Purepoint now 1.6%

Now 1.75% APY
by walletless
Fri Apr 06, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

It's Friday!!

This thread should be renamed to "It's Friday!!"
by walletless
Fri Apr 06, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Filed an incorrect 1099-INT - do I *have* to file an amendment?
Replies: 7
Views: 472

Re: Filed an incorrect 1099-INT - do I *have* to file an amendment?

If the IRS notices the error, they'll send you a correction and a check for $1. My guess is the error falls below some margin of error and will be ignored. I would not file an amendment for this. Thanks. Just to try, I created an amended return in TurboTax, and the federal refund is actually $2, no...
by walletless
Fri Apr 06, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Filed an incorrect 1099-INT - do I *have* to file an amendment?
Replies: 7
Views: 472

Filed an incorrect 1099-INT - do I *have* to file an amendment?

For one of the 1099-INT, I accidentally punched in $4 more than the interest in Box 1. This resulted in me over-paying federal taxes by $2 and state (CA) taxes by $0 (thanks to rounding!). Do I have to file an amendment/1040-X for this? Honestly I don't are about $2 difference (cost of mailing in th...
by walletless
Wed Apr 04, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

What free-fall?
by walletless
Mon Apr 02, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

Tarrifs? No problems. I'll be with the market all the way down!!
by walletless
Sun Apr 01, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax and backdoor Roth IRA error?
Replies: 10
Views: 3573

Re: TurboTax and backdoor Roth IRA error?

I've been doing my backdoor conversion since last 3 years before December 31 each year and have never run into any problems with turbo tax deluxe desktop version yet. Just submitted my federal e-file today and mailed my state returns.
by walletless
Wed Mar 28, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k plan
Replies: 10
Views: 943

Re: New 401k plan

I'm fortunate to have a great 401k plan (also managed by Fidelity netbenefits) from my employer. 50% match up to federal max ($9,250 free money in 2018), ability to do mega backdoor, great low-cost core index funds (.02 er for s&p500, .03 er for total bonds), true up match. Only downside is there ar...
by walletless
Wed Mar 28, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

YES, tomorrow WILL be an interesting day . . . we are closing the books for the first quarter and it is not going to be pretty for some. Good luck, y gracias por leer ~cfs~ I'm guessing most of us will be down YTD at end of first quarter. I managed to 'catch the falling knife" with my 55k in 401k c...
by walletless
Wed Mar 28, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard to (another brokerage): admiral index funds
Replies: 17
Views: 1465

Re: Vanguard to (another brokerage): admiral index funds

Thanks all for the replies... looks like unless you are grandfathered into some of the old accounts, it does not seem possible to trade admiral funds without commissions outside VG. I will just have to wait it out at vg, or possibly look at ETF equivalents, I guess.
by walletless
Wed Mar 28, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard to (another brokerage): admiral index funds
Replies: 17
Views: 1465

Re: Vanguard to (another brokerage): admiral index funds

What don't you like about ETF? Its more of a preference thing than like/dislike. I prefer that my trades settle same day so money is available to withdraw next day. I understand that ETFs are fine for most people, but I just prefer index mutual funds, especially since Vanguard funds are just as tax...
by walletless
Tue Mar 27, 2018 11:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to (another brokerage): admiral index funds
Replies: 17
Views: 1465

Vanguard to (another brokerage): admiral index funds

I'm contemplating moving my business from Vanguard (VG) given a spate of bad experiences (personally as well as forum members who reported them here). I've looked into Merill Edge, Schwab & Fidelity. Unfortunately, neither of the 3 will let me trade VG admiral index funds without hefty brokerage fee...
by walletless
Sun Mar 25, 2018 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: "I won the Lottery" update -
Replies: 33
Views: 8368

Re: "I won the Lottery" update -

Now I just need to use that same motivation to get in a little better physical shape. I'd like to enjoy a longer retirement someday, so maybe I can apply some Boglehead "stay the course" strategy on a treadmill. Thanks, this is a great update. Congrats! If you are interested in staying fit, look up...
by walletless
Wed Mar 14, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

I am 50% invested 50% in cash earning interest. Got best of both. Market up, I am 1/2 as good. Market water fall, it' even better for me. I am in a similar situation, but not because of the market being high or anything... I am in two minds whether I should upgrade to a bigger house when I can affo...
by walletless
Wed Mar 14, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 75
Views: 12632

Re: Geico insurance rate increase: 26.24% APY?

I may have glanced over this if it is already brought up in the thread, but I have seen anecdotal evidence of GEICO raising premiums after a credit freeze has been initiated. OP, did you happen to have put credit freeze recently?
by walletless
Sun Mar 11, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Interesting interactive guide to early retirement & FI
Replies: 29
Views: 4125

Re: Interesting interactive guide to early retirement & FI

Clever_Username wrote:
Sun Mar 11, 2018 9:28 pm
mhalley wrote:
Sun Mar 11, 2018 11:00 am
Came accross this link at POF.
I'm having trouble parsing this much. What's POF? I am assuming you don't mean the dating app.
I'm assuming "Physician on FIRE" https://www.physicianonfire.com/
by walletless
Sun Mar 11, 2018 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Interesting interactive guide to early retirement & FI
Replies: 29
Views: 4125

Re: Interesting interactive guide to early retirement & FI

Thanks for sharing my guide! It was a lot of fun to create - trying to do something that would draw in people who maybe weren't aware of FI/Investing. Like anything though, there's always room for improvement. Let me know what you think. Great guide. I'm being nitpicky with my suggestions below. It...
by walletless
Sun Mar 11, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Dollar Savings Direct - 1.25% Savings
Replies: 20
Views: 4294

Re: Dollar Savings Direct - 1.25% Savings

midagelawyer wrote:
Tue Feb 27, 2018 8:44 am
Dollar Savings Direct is up to 1.8% now...
Almost same as inflation... its tempting to put the emergency funds here, so atleast it does not lose much value relative to inflation...
by walletless
Sun Mar 11, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Interesting interactive guide to early retirement & FI
Replies: 29
Views: 4125

Re: Interesting interactive guide to early retirement & FI

Great calculator. Years ago, I did a similar calculation using Excel formulas, and the numbers almost match (within few months of this calculator). Very useful, thanks for sharing, OP!
by walletless
Thu Mar 08, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

That was EXTREMELY helpful, NOT! "he believes market gains should continue for the next year or two. ... He said it's normal for there to be a correction at the end of an investing cycle, and that markets could be heading for a "deep correction" of between 20% and 40%, depending upon the market val...
by walletless
Mon Mar 05, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Alternative Approach To Alts
Replies: 22
Views: 3060

Re: Larry Swedroe: Alternative Approach To Alts

With 1.3% ER, I say "PASS". Not for me.
by walletless
Sun Mar 04, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical"?
Replies: 24
Views: 2943

Re: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical

What do I think is substantially identical? Vanguard Investor, Admiral, and ETF share classes. You can convert between them as non-taxable events even though they have different CUSIPs. While it's true that one can convert from index fund to ETF class as a tax-free transaction, the reverse is not t...
by walletless
Sun Mar 04, 2018 1:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical"?
Replies: 24
Views: 2943

Re: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical

Just buy s&p500 and extended market funds in 81:19 ratio to tlh from vtsax. Others in this forum buy vlcax, while few just buy s&p500 alone. Any of these should be ok. Technically, as someone pointed out, no body knows since IRS doesn't define what "substantially similar" means. I avoid using two "t...
by walletless
Fri Mar 02, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

The sky is falling! S&P 500 is down a full 7 points and change!
Edit: now almost flat!
by walletless
Thu Mar 01, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: PurePoint 1.25% online savings $10K min
Replies: 72
Views: 14088

Re: PurePoint 1.25% online savings $10K min

Just a follow up on PurePoint, they confirmed the 1.75% online savings is real and only offered in the B&M locations. No advantage to me, did get me looking and gotta say Live Oak Bank is looking very tempting, 18 month CD @ 2.30% Hmm.. Interesting. Wonder if those rates are available to existing c...
by walletless
Wed Feb 28, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

WentzWagon wrote:
Wed Feb 28, 2018 4:51 pm
These daily swings a + 30 - 40 + 45 - 40 make zero sense to me.
Yes, Mr. Market is senseless. Nothing new 😊
by walletless
Wed Feb 28, 2018 12:14 pm
Forum: Investing - Theory, News & General
Topic: PurePoint 1.25% online savings $10K min
Replies: 72
Views: 14088

Re: PurePoint 1.25% online savings $10K min

midagelawyer wrote:
Tue Feb 27, 2018 11:05 pm
More interestingly, Purepoint is 1.75% if you go into one of their brick and mortar stores in NYC to set up your account.
Wow, how do you know about this? Any way we can call and ask for that rate too?
by walletless
Tue Feb 27, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

Incredible. Stocks down over 1% and the only posts are about bonds. The market dropped because Powell talked about how good the economy is, indicating acceleration in interest rate rise... Indicating that potentially bonds may "free-fall", indicating I'll be buying more of them to rebalance to my AA.
by walletless
Mon Feb 26, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help me simplify my portfolio (gradually)
Replies: 5
Views: 560

Re: Help me simplify my portfolio (gradually)

Thanks all for the responses! Looks like the plan is not that bad, although definitely 15 years may be a long time. I like the suggestion of stopping contributions on the unwanted fund until they are small enough to make the switch in one swoop. I will put some thought towards it. Managing 6 funds i...
by walletless
Mon Feb 26, 2018 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Help me simplify my portfolio (gradually)
Replies: 5
Views: 560

Help me simplify my portfolio (gradually)

Hi bogleheads, About 4 years ago I started investing using mostly passive index funds. I have a 6-funds portfolio since then: (Reference to my previous thread: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=153932 : currently 36 years old, married, California resident, 28% federal & 9.2% state...
by walletless
Mon Feb 19, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: The Emerging Markets "lost decade" is over
Replies: 81
Views: 12885

Re: The Emerging Markets "lost decade" is over

I guess I'll be an anomaly here. I'm currently at a 60/40 split between developed & emerging markets. I'm reducing it by 1% a year until I reach 82/18, so I can just switch to using total international at that point.
by walletless
Thu Feb 15, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

livesoft wrote:
Thu Feb 15, 2018 8:30 pm
walletless wrote:
Thu Feb 15, 2018 5:16 pm
The dry-powder folks enjoyed the correction, for sure!
Are bond funds dry powder?
I didn't say *only* dry powder folks are enjoying 😂
by walletless
Thu Feb 15, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

thangngo wrote:
Thu Feb 15, 2018 5:00 pm
Gufomel wrote:
Thu Feb 15, 2018 4:02 pm
Market closed at around early Jan level. This crash minor, tiny, small blip has been just brutal entertaining.

:wink:
Anyhow, I bought quite a bit during this blip. Also TLH for some bucks too. Quite fun.
The dry-powder folks enjoyed the correction, for sure!
by walletless
Wed Feb 14, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434918

Re: U.S. stocks in freefall

We will soon need a "U.S. Bonds in free fall" thread 🙄😢😭
by walletless
Tue Feb 13, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard VXUS QDI% 2017
Replies: 9
Views: 686

Re: Vanguard VXUS QDI% 2017

its correct. I am really questioning whether to hold Total International in taxable going forward.