Search found 95 matches

by marklar13
Wed Feb 07, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: 529, Am I being stupid by not being greedy?
Replies: 14
Views: 1156

Re: 529, Am I being stupid by not being greedy?

+1 to stable value fund. I don't see much downside. I don't know the highest paying one, but you could look into that or just go with your current plan's option if it has one. Here is the most recent discussion I could find on which state has the highest SVF: https://www.bogleheads.org/forum/viewtop...
by marklar13
Sat Jan 27, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: rebalance based on pre or post tax values?
Replies: 9
Views: 567

Re: rebalance based on pre or post tax values?

I use actual account values (not adjusted) for my targets / triggers... but I also estimate the adjusted allocation so that I at least know what it looks like. I'm also pretty far from retirement, though, so the tax picture is not so clear anyway. I think it matters more for someone closer to actual...
by marklar13
Wed Jan 24, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Excel for Personal Finance Accounting ?
Replies: 42
Views: 3464

Re: Excel for Personal Finance Accounting ?

For budget, I use Google sheets; essentially same as Excel. I have my bank and credit cards on mint, and then each month I just download and paste into a transactions tab. I have another tab that maps the mint categories into categories I actually want to track, and then the budget keys off of these...
by marklar13
Sun Jan 21, 2018 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: A 4-5% rebalance to bonds barely budges risk/return
Replies: 43
Views: 3539

Re: A 4-5% rebalance to bonds barely budges risk/return

Is there anything wrong with not rebalancing at all? Losing 30 versus 40 percent of piortfolio would be just as painful but I would keep buying like I did in 2008 (although now I have 10x more). I would say there is nothing wrong with it as long as: 1. It is part if your documented plan... and pres...
by marklar13
Sat Jan 20, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA
Replies: 30
Views: 1950

Re: Help Late Early Accumulators Be Comfortable Right Now with (Bogle-appropriate) Aggressive AA

I would also take that chart you posted of the SP500 with a grain of salt (in the OP). I think you probably want a log scale to view a chart going back that far. The arithmetic scale makes it look like everything was smooth sailing up until the year ~2000. I don't think that is an accurate represent...
by marklar13
Fri Jan 12, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: HR Block multiple states (cost of software)
Replies: 1
Views: 156

Re: HR Block multiple states (cost of software)

FYI -- I just chatted with their online support. At first they suggested that I download the full copy to another computer. I was polite and responded that it likely wouldn't be worth the hassle, at which point the representative said they could provide me a link for a free state installation... Tha...
by marklar13
Fri Jan 12, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: HR Block multiple states (cost of software)
Replies: 1
Views: 156

HR Block multiple states (cost of software)

Hi all. I moved last year and need to file taxes to two states. I already purchased HR Block 2017 software + 1 state. That purchase cost me $20 at the time, and the same download is on amazon right now for $30. In the program, to add an additional state it costs $39.95. This seems unreasonable seein...
by marklar13
Thu Jan 11, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic Investment While Avoiding Fees?
Replies: 4
Views: 238

Re: Automatic Investment While Avoiding Fees?

You definitely don't want to be paying that much in fees. Most brokerages have some fund family / families that you can trade mostly commission free. With fidelity you can trade iShares for free, Vanguard you can trade vanguard funds / ETFs, etc. Especially with an account made up of just a handful ...
by marklar13
Fri Jan 05, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: Does re-allocation require selling in order to be most effective?
Replies: 12
Views: 867

Re: Does re-allocation require selling in order to be most effective?

I think you should be content to just re-balance through new contributions if that will cover it. If new contributions alone can't get you to within the AA that you want then exchange funds as needed. Unless your re-balancing thresholds are very tight, you will very rarely need to sell. It takes a r...
by marklar13
Thu Jan 04, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 27186

Re: Hitting The Sell Button

It seems like all I have been doing has been hitting the "sell" button, selling stocks in wave after wave as the market advances. Are you using really tight re-balancing bands, or maybe this is just a little hyperbole? My math could be wrong, but it takes a really sizable run-up to trigger a 5% re-...
by marklar13
Fri Dec 22, 2017 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Introducing Myself, Seeking Retirement Advice
Replies: 18
Views: 2545

Re: Introducing Myself, Seeking Retirement Advice

Wondering: Should I contribute to all three: 403b and Roth 403b, and Roth IRA? (Right now I am only contributing to pre-tax 403b and Roth IRA, should I also be contributing to my Roth 403b?) I think you probably want to prioritize in the following order: 403b up to match Roth IRA 403b up to max Her...
by marklar13
Fri Dec 22, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Electric Energy Usage
Replies: 86
Views: 5591

Re: Electric Energy Usage

3000 sqft house, just built last year. Electric oven (gas range), dryer, A/C, well-pump, fridge, dishwasher, occasionally 2nd freezer if primary overflows. Propane heat and hot water. I set the A/C to kick on at 78. Also, I work from home so in theory that should skew things up slightly. Last 7 mont...
by marklar13
Fri Dec 22, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 21401

Re: Do you see a meaningful change in your income with new Tax Bill?

Looks like we will save around $500 next year -- so I'll probably aim to keep our witholdings unchanged. Capped SALT deductions really hurts us, but the other benefits seem to make up the difference in our case. Will be switching to standard deduction and using the beefed up child tax credit (1 kid)...
by marklar13
Fri Dec 15, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth
Replies: 6
Views: 866

Re: Back Door Roth

Yes, your rollover account -- assuming this is pre tax dollars -- is going to mean you are subject to pro rata rule. If you want to contribute to your existing Roth via backdoor conversion then your options are going to be: 1. See if your 401k plan allows you to move the rollover account in. If they...
by marklar13
Fri Dec 15, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth
Replies: 6
Views: 866

Re: Back Door Roth

I'll take a crack at this -- although you are probably going to need to give more details. It depends on your situation. If you have no other (non-roth) IRAs then you can pretty much do it without owing anything in taxes. You would contribute money this year to a traditional IRA. This contribution i...
by marklar13
Thu Dec 14, 2017 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 41
Views: 3286

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

Related question: Assuming that tax advantaged space will be filled by the end of the year in any case, is it better to front-load pre-tax 401k contributions to get the company match or front-load the Roth contribution? If 401K, the company match will have more time in market, but if Roth, after-ta...
by marklar13
Mon Oct 30, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay extra on my mortgage?
Replies: 11
Views: 1977

Re: Should I pay extra on my mortgage?

Given those options, and your desire to have 50% down... If planning on purchasing the house before selling the condo, then I would plan on having 20% down saved up, with the rest going to pay off the mortgage balance. If planning on selling the condo first, and using the proceeds for down payment, ...
by marklar13
Mon Oct 16, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

After 15 years... 2. Pay off mortgage No mortgage Nothing invested to start with (used to pay mortgage) 2k/mnth invested for 15 years@5% = $45,314.98 Total = $45,314.98 Are you sure you didn’t miss a zero? $2k per month for 15 years with 0% return is $360k haha, yes I did... annual instead of month...
by marklar13
Mon Oct 16, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

[*] Assume you can earn 5% nominal in the market with your 60/40 AA (which I think is pretty conservative I think this is not particularly conservative. And yes, any loan is worth keeping as long as possible if you are assuming a higher rate of investment return. Fair enough. Your second sentence i...
by marklar13
Mon Oct 16, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

Here are some quick calculations I did, comparing the 30 yr mortgage to paying off in full right now. The assumptions are maybe slightly different than your scenario, but I was having trouble understanding what you mean by having 2k available each month (extra, or total?) ** Disclaimer... you'll wan...
by marklar13
Mon Oct 16, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

Maybe I'm wrong, but I think you are missing something. Are you assuming that you invest the savings from the refinance? It seems like in the last scenario you are investing $2000 month (presumably with your improved cash flow from paying off the mortgage). In the refinance scenario, you will also h...
by marklar13
Wed Oct 11, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16875

Re: [Boglehead vs Mr Money Mustache philosophies]

I'm a little surprised at the number of negative comments directed at MMM. I read his blog occasionally (although not the forums), and I really enjoy it. Not all of the advice is actionable or realistic for me, but it is still a good read. The point he emphasizes is to challenge the generally accept...
by marklar13
Mon Oct 09, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: what to research on possible "too good to be true" ETF
Replies: 10
Views: 707

Re: what to research on possible "too good to be true" ETF

Whether following a boglehead strategy or not, investing in something that you do not understand is not a good idea. I would get say get out while you are ahead. Do some research on what you want to invest in (whether it be a boglehead recommended 3-fund portfolio, or some other investments), then m...
by marklar13
Thu Oct 05, 2017 11:17 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 5023

Re: Too much house? (nervous 1st time buyer)

Agree with the other posters so far. You can afford it, but if it were me I would rent. You are single now, and it sounds like a lot could change for you in the coming years. Also, I think people tend to underestimate the "true" cost of owning a home in regard to both time and money. But... that's m...
by marklar13
Wed Oct 04, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 47
Views: 5132

Re: So... What bond fund or bond-like instrument do you use?

Vanguard Total Bond in both of our 401ks.
I-Bonds make up ~60% of our emergency fund.
No bonds in Roth or taxable (other than the I-bonds).

... and about $500 of paper EE bonds I just found in a filing cabinet.
by marklar13
Tue Oct 03, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for past matured EE bonds
Replies: 6
Views: 505

Re: Taxes for past matured EE bonds

seity wrote:
Tue Oct 03, 2017 1:00 pm
http://budgeting.thenest.com/penalty-sa ... 31113.html
Says you'd need to do an amended return for the year they matured.
Thanks. I guess I'll just file the amended return.
by marklar13
Tue Oct 03, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes for past matured EE bonds
Replies: 6
Views: 505

Re: Taxes for past matured EE bonds

Note I haven't actually cashed them yet. They are just in my "cart" to be converted at TD... they are not actually converted to electronic and not actually cashed yet. I assume I could just remove them from my cart and then take the paper bonds to a bank to cash them if I wanted to. I'm fairly certa...
by marklar13
Tue Oct 03, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Taxes for past matured EE bonds
Replies: 6
Views: 505

Taxes for past matured EE bonds

I recently found some old paper bonds, and am going through the process of converting them to electronic so that I can track them on my Treasury Direct account. Some of them are past maturity date. Specifically, there are 3 EE bonds issued in 1985, at 50 each. So they matured in 2015, and their curr...
by marklar13
Sun Oct 01, 2017 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 6143

Re: Would you take a pay cut to work from home?

I work from home now, and while I didn't take a pay cut for my current position, I have turned down opportunities to interview for higher paying jobs that would be a 45+ minute commute. Personally I enjoy working from home. I understand it's probably not for everyone, but it doesn't impact my actual...
by marklar13
Mon Sep 11, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 60
Views: 8336

Equifax - credit freeze is now free?

Today I requested a credit freeze from each of the big 3 (experian, transunion, equifax). Based on my state of residence, I was expecting to pay $10+ for each request. However, both my wife's and my own freeze at Equifax were processed without ever asking for payment. For both of the other websites ...
by marklar13
Mon Jul 10, 2017 11:38 pm
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 10906

Re: Amazon Prime Day: Where is watch list?

Pajamas wrote:If you have never added money to your Amazon Gift Card Balance before, you can add $100 or more and get $10 extra. That's free money if you are going to spend $100 on Amazon anyway.

https://www.amazon.com/b?node=14611608011
Thanks for that link. Free $10... worked for me.
by marklar13
Thu Jul 06, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: Anyone bought a Pixel?
Replies: 46
Views: 5086

Re: Anyone bought a Pixel?

We bought them new when they first came out. Previous phones were 3 or 4 years old and not holding up well. These are some of my favorite features. Keep in mind that they are mostly not exclusive to Pixel, but just some things to consider: Camera -- I am particularly impressed with its ability to ca...
by marklar13
Sun Jun 25, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my wife is pregnant.
Replies: 15
Views: 2816

Re: Just found out my wife is pregnant.

Congrats! I'll let others handle the heavy duty financial advice, but will offer one tidbit that we've learned. When shopping for clothes, toys, gadgets, etc, think "used" first. Family, friends, tag sales, facebook yardsale, etc all come in handy and have an endless supply of hand-me-downs availabl...
by marklar13
Fri Jun 23, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rollover old employer 403b?
Replies: 14
Views: 762

Re: Should I rollover old employer 403b?

Also, the earnings in tIRA will be taxed at your ordinary rate. The earnings in taxable, if invested in stocks, is likely to be taxed at a lower capital gains rate. Save yourself the trouble. Just put the $5,500 into taxable. Don't get into the non-deductible IRA contribution mess. Good point. Not ...
by marklar13
Fri Jun 23, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rollover old employer 403b?
Replies: 14
Views: 762

Re: Should I rollover old employer 403b?

Is there anyway she could generate some self-employment income. Maybe some freelancing related to her career, online sales of something related to a hobby, etc.. She works full time now and is maxing 401k at the new job. Problem is that it is a small organization and their 401k has high fees. Her o...
by marklar13
Fri Jun 23, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rollover old employer 403b?
Replies: 14
Views: 762

Re: Should I rollover old employer 403b?

403b tax treatment is essentially the same as 401k. It is pre tax money. I can send it to a rollover IRA without immediate tax implications. Essentially it just becomes a traditional IRA with no basis... i.e. it will be fully taxed when I start withdrawing in retirement. The benefit of the rollover ...
by marklar13
Fri Jun 23, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rollover old employer 403b?
Replies: 14
Views: 762

Re: Should I rollover old employer 403b?

Just to be clear, if we do the rollover then we won't be doing backdoor roths for my spouse anymore. We'd probably contribute to traditional, but just leave it there. Basically, I'm trying to determine if the ability to access the backdoor roth makes up for the expenses we pay to stay in the 403b pl...
by marklar13
Fri Jun 23, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rollover old employer 403b?
Replies: 14
Views: 762

Should I rollover old employer 403b?

My spouse recently changed jobs, and left behind a sizable 403b. I'm trying to decide between rolling this into a traditional IRA, or leaving it where it is. The main drawback that I see for rolling it is that we won't be able to do backdoor roth conversions anymore. Here's some details: Amount in 4...
by marklar13
Thu May 25, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Help Reorganizing Investments
Replies: 6
Views: 654

Re: Help Reorganizing Investments

Regarding the multiple stock funds in taxable, my problem is that I already have sizable positions in Fidelity Growth and Fidelity Balanced (~25% of my total portfolio). I'm planning to liquidate the rest of my current holdings but these two have large capital gains, so I plan to keep them. Ah -- T...
by marklar13
Wed May 24, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Help Reorganizing Investments
Replies: 6
Views: 654

Re: Help Reorganizing Investments

I'm certainly not the most experienced poster here... but I think I've read enough of this forum to get the ball rolling.. Some questions: 1. I understand the tax rationale for putting bonds in 401k and stocks in taxable. But isn’t there a benefit for those bonds to be available for use during a dow...
by marklar13
Thu Mar 30, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 12907

Re: Not opting for 529... anyone else?

The Nevada plan through Vanguard is good, and if you have an account at Vanguard and want it all in on place that is a consideration. I personally use the NY plan out of state, which uses Vanguard funds and has some of the lowest ERs. A lot of people on the forum also recommend the Utah plan. If you...
by marklar13
Thu Mar 30, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 12907

Re: Not opting for 529... anyone else?

I need to be able to do this. I live in Oklahoma. It has terrible fund choices regarding fees. So it has prevented me from starting a 529. I didn't know transferring funds from a state 529 for the tax savings then transferring to a Nevada 529 for Vanguard was an option. Just remember you need to lo...
by marklar13
Fri Feb 10, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: HELOC vs. temp market cash-out (home purchase)
Replies: 7
Views: 646

Re: HELOC vs. temp market cash-out (home purchase)

Yes, would pull 100k, so your calculations are probably correct. I guess that means out of pocket cost would either be a wash or maybe even in favor of selling the investments. Then it just comes down to being out of the market for a few months vs. dealing with the bank.
by marklar13
Fri Feb 10, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: HELOC vs. temp market cash-out (home purchase)
Replies: 7
Views: 646

Re: HELOC vs. temp market cash-out (home purchase)

Given that choice I'd choose Selling the taxable investments due to the lower capital gains cost vs the closing costs associated with the Heloc. I'd still get an estimate from your lender to see what the actual closing costs might look like. Any good lender would run your numbers for free. My under...
by marklar13
Thu Feb 09, 2017 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC vs. temp market cash-out (home purchase)
Replies: 7
Views: 646

Re: HELOC vs. temp market cash-out (home purchase)

Thanks for the reply. I know these things are always uncertain, but properties are moving very quickly in the area we are selling, even in the winter (which is down market for us in the Northeast). This is part of what is giving me a little more confidence in terms of doing the concurrent transaction.
by marklar13
Thu Feb 09, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC vs. temp market cash-out (home purchase)
Replies: 7
Views: 646

HELOC vs. temp market cash-out (home purchase)

We will be moving to a new state in April (new job starts in mid April). We are starting to look for houses now, but won't be putting our current residence on the market until March. I posted a more complete view of our situation in a previous thread: https://www.bogleheads.org/forum/viewtopic.php?f...
by marklar13
Thu Jan 19, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Vanguard's new "account overview" page... BOO!
Replies: 105
Views: 13525

Re: Vanguard's new "account overview" page... BOO!

They may have begun redesigning for a better mobile experience... but the site is not functional fully functional on my mobile device. A couple weeks ago, after the redesign, I logged in through the chrome browser on my smartphone, and found that most of the dropdown menus didn't work at all. I late...
by marklar13
Tue Jan 17, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: New To Investing- Switching from Betterment to Vanguard
Replies: 9
Views: 1117

Re: New To Investing- Switching from Betterment to Vanguard

First, read through the wiki as suggested in the earlier posts. Here is the getting started page: https://www.bogleheads.org/wiki/Getting_started It's also probably a good idea to get a copy of some beginner DIY investing books (see further reading in the wiki link posted above) Bogleheads Guide to ...
by marklar13
Fri Jan 13, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 93
Views: 9965

Re: Where do you keep your emergency fund?

I keep half in Capital One MM @1% to roll into checking account quickly in case of larger than expected bills, car repairs, etc., and the other half in I bonds, which I don't expect to touch unless there is a true emergency. I don't count these towards my AA. I also keep a small amount of munis in m...
by marklar13
Mon Jan 02, 2017 11:52 pm
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 9286

Re: Are Younger people funding 529 Plans?

Wife and I are both early 30s. We contributed as much as we could last year when our son was born and plan on continuing with smaller increments annually moving forward. That being said, we've been fortunate enough to max out 401ks and Roth accounts and have some left over. If income drops or spendi...