Search found 78 matches

by marklar13
Mon Oct 16, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1399

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: 1399

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: 1399

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: 1399

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: 13646

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: 617

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: 3967

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: 4090

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: 375

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: 375

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: 375

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: 5291

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: 7174

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: 10034

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: 4663

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: 2501

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: 642

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: 642

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: 642

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: 642

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: 642

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: 576

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: 576

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: 12023

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: 12023

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: 587

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: 587

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: 587

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: 587

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: 12434

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: 977

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: m 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 Investing is a favorite around here for obviou...
by marklar13
Fri Jan 13, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 80
Views: 7670

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: 8795

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...
by marklar13
Sun Jan 01, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Transferring everything from Betterment to Vanguard, considering 100% VTSAX
Replies: 13
Views: 2058

Re: Transferring everything from Betterment to Vanguard, considering 100% VTSAX

Yes, if your substitute funds never dip back down, then unless you want to incur capital gains, you'll be stuck with them. For something like VTSAX, it's probably not a big deal because there are plenty of low cost substitutes. The wiki has good examples of substitute funds for different asset class...
by marklar13
Sat Dec 31, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: 529 rollover after claiming deduction (CT plan)
Replies: 0
Views: 138

529 rollover after claiming deduction (CT plan)

Can I contribute to the CT 529 plan, claim the state deduction, and then at some point roll over to an out of state plan to take advantage of lower fees and/or different investment options (without having to repay the deduction)? Note that this question is specifically for the CT 529 plan. I've read...
by marklar13
Wed Dec 21, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: What to do when re-balancing needs triggers no alarms
Replies: 3
Views: 486

Re: What to do when re-balancing needs triggers no alarms

Why do you think the rebalancing is not necessary if your IPS says to do it? What would your current allocation need to look like in order for it to be necessary? You probably should think about those questions and either rebalance or update your IPS to something that you can follow consistently.
by marklar13
Sun Dec 18, 2016 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software for 2016
Replies: 76
Views: 8972

Re: 12/18/16 Deal - H&R Block 2016 @ Amazon

I'm assuming that the deluxe download handles investments, since this is being posted on an investment forum. Strange, though, HR Block's website is a bit confusing. If I go to the HR block website and choose "which option is right for me", and then select that I am married, with a home, c...
by marklar13
Thu Nov 17, 2016 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA -- How to?
Replies: 20
Views: 1900

Re: Backdoor Roth IRA -- How to?

If you've googled this then you probably already found this link by tbf... I followed this when I did my backdoor roth contribution for the fist time last year and found it very helpful:

https://thefinancebuff.com/the-backdoor-roth-ira-a-complete-how-to.html
by marklar13
Tue Nov 15, 2016 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation 3 years away from retirement
Replies: 11
Views: 2128

Re: Allocation 3 years away from retirement

If I set aside 6 years worth of money at $50000 per year I need $300,000 in "safe" funds to ride out almost any downturn before having to take action on my equity based funds If you aren't maintaining a percentage AA, then how would you know when to withdraw from fixed income vs stocks? E...
by marklar13
Thu Oct 20, 2016 12:51 pm
Forum: Personal Consumer Issues
Topic: How to transfer huge amount of data (>500 GB) to someone through the internet?
Replies: 88
Views: 6844

Re: How to transfer huge amount of data (>500 GB) to someone through the internet?

If it were me I'd probably go the Google Drive route. I think you can get 1TB of space for $10 a month. So just buy the space for a month and then cancel after the transfer is complete.
by marklar13
Thu Oct 06, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Concurrently buy/sell house
Replies: 21
Views: 2393

Re: Concurrently buy/sell house

Thanks for all of the replies. This thread has been helpful for me. The more I think about it -- and it's reinforced by these responses -- the more I think it makes sense to play it safe. A concurrent buy/sell swap is likely the financially optimal solution, but given our situation I'd say the risk ...
by marklar13
Wed Oct 05, 2016 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Concurrently buy/sell house
Replies: 21
Views: 2393

Re: Concurrently buy/sell house

Thanks for the replies so far. If temporary is less than about 3 weeks then we would probably stay with family. More than that is pushing it. We could probably hold the two mortgages for some time, but it would make me nervous if we were in that situation for any extended period. Question Would we h...
by marklar13
Tue Oct 04, 2016 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Strategy
Replies: 1
Views: 260

Re: Backdoor Roth Strategy

If you contributed post tax money to a traditional IRA then that can be converted to Roth without paying taxes (on the contribution). I believe you pay tax on any gains... but those will be negligible if you are converting right away. That's actually the point of the backdoor Roth, making it effecti...
by marklar13
Tue Oct 04, 2016 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Concurrently buy/sell house
Replies: 21
Views: 2393

Concurrently buy/sell house

We are planning on selling our current home and moving to a roughly equivalent home in a new location next spring/summer (to be closer to family). I'm looking for advice on the process. I've read quite a few threads on this, and it seems the advice changes a lot depending on circumstances, so I thou...
by marklar13
Wed May 04, 2016 8:26 am
Forum: Investing - Theory, News & General
Topic: Anyone try Jason Kelly's 3Sig Investing Method?
Replies: 16
Views: 2929

Re: Anyone try Jason Kelly's 3Sig Investing Method?

I've read the book and actually subscribed to his newsletter in the past. I enjoy his writing style and while I don't follow his plan, I still thought it was a worthwhile read. He preaches some of the same things as bogleheads (most notable to ignore the media noise and stick to a plan). As describe...
by marklar13
Sun May 01, 2016 12:14 am
Forum: Investing - Theory, News & General
Topic: Altering the glide path
Replies: 11
Views: 1493

Re: Altering the glide path

FYI - make sure you read the rules of the plan. I have a NY 529 plan and I remember reading that you can only exchange assets between investment options once or twice a year (you can change the allocation for new money at any time, though). Personally, for 529 this is why I manage the glide path on ...
by marklar13
Sat Apr 30, 2016 11:36 pm
Forum: Investing - Theory, News & General
Topic: For those of you who immediately sell employee stock from ESPP…
Replies: 17
Views: 2867

Re: For those of you who immediately sell employee stock from ESPP…

With my company plan I have to hold the stock for over a year after the exercise date. Even though there is a 15% discount it seems likely that one of these days I'll be looking at a loss when my shares become eligible to sell. This hasn't happened yet, but I still plan on selling if it does. Note t...
by marklar13
Fri Apr 22, 2016 7:29 am
Forum: Investing - Help with Personal Investments
Topic: 529: Utah or NY for Florida Resident?
Replies: 23
Views: 4098

Re: 529: Utah or NY for Florida Resident?

I use NY. It had the lowest ER when I compared options (about 7 months ago).
by marklar13
Tue Mar 29, 2016 6:02 pm
Forum: Personal Consumer Issues
Topic: Can I stream music to a wifi speaker in another city?
Replies: 20
Views: 3018

Re: Can I stream music to a wifi speaker in another city?

I've had a lot of success using the chrome remote desktop plugin to control my computer at home remotely. The computer you are remoting into just needs to be on and connected to the internet (and have downloaded / installed the software). You just need to change the power settings so it doesn't go t...
by marklar13
Sat Mar 19, 2016 11:17 am
Forum: Investing - Theory, News & General
Topic: What bond funds do you use, and why?
Replies: 55
Views: 5493

Re: What bond funds do you use, and why?

I'm in the minority here, but I use total bond in all accounts. Most is tax advantaged, but I do have a small allocation to bonds in taxable for liquidity. I'm in the 28% bracket and ran the numbers based on SEC yield... seems to me that for the duration that I'm comfortable with, the total bond fon...