Search found 110 matches

by steve50
Tue Jun 23, 2020 10:08 am
Forum: Personal Consumer Issues
Topic: Using Microsoft Edge with Vanguard Site
Replies: 10
Views: 1055

Re: Using Microsoft Edge with Vanguard Site

I noticed this problem a few days ago with Chrome. If I used incognito window the problem went away. I tracked it down to an add on I was using. +1 Not OP, but thank you for the hint. I removed few Chrome extensions and this fixed it for me. Here is a sample link that was missing the right scroll b...
by steve50
Mon Jun 22, 2020 3:20 pm
Forum: Personal Consumer Issues
Topic: Using Microsoft Edge with Vanguard Site
Replies: 10
Views: 1055

Re: Using Microsoft Edge with Vanguard Site

I am seeing this also, but for me, Edge is working but not on Chrome on Windows 10 OS, "gray scroll bar is not present on the right hand side of the page so I can't scroll down". On the main home page, it is there, but missing on a lot of other links from the vanguard.com web site (e.g. enter VTI in...
by steve50
Tue Jun 16, 2020 3:44 pm
Forum: Personal Consumer Issues
Topic: Best watch for $5,000+
Replies: 117
Views: 9133

Re: Best watch for $5,000+

Just to stay on topic, I would say Rolex Milgauss.

PS: This new thread is no fun without Petrocelli !! :(
by steve50
Fri Jun 12, 2020 9:05 am
Forum: Personal Investments
Topic: VTSAX or/and Dividend Stocks
Replies: 9
Views: 826

Re: VTSAX or/and Dividend Stocks

For a large 7 figure taxable account, my goal would be just the opposite and minimize dividends. This would reduce the taxes (assuming on a very high tax bracket currently) and during retirement, leave more space for Roth conversion and future impact of medicare IRMAA. My favorite fund for this is V...
by steve50
Mon Jun 08, 2020 3:15 pm
Forum: Personal Consumer Issues
Topic: What fun car should I get in the $150k - $200k range?
Replies: 447
Views: 25105

Re: What fun car should I get in the $150k - $200k range?

I am just here for the financial aspect of all this (not the car) and curious as to what liquid assets would be needed to justify the car at this level.  The $3M is definitely too low and I am thinking at least $15M+. 
by steve50
Tue May 19, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Sources for N95 masks
Replies: 44
Views: 3625

Re: Sources for N95 masks

OP, Depending on where you are, we could find the KN95 masks in our local oriental supermarket. KlangFool +1 for KN95 (Chinese version of N95) mask which you should be able to find them online (you will not find the 3M N95 anywhere for now). You can verify the quality of these KN95 by looking at th...
by steve50
Thu May 14, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 11494

Re: Dentist charges $10 for PPE

There was a story a few weeks ago about a store owner in NY who got arrested for price gouging, but I don't think same rules applies to hospitals or health care facility for the same crime. "Records from the store showed he bought the face masks for 7 cents apiece and then resold them for $1 each, p...
by steve50
Tue May 12, 2020 10:42 am
Forum: Investing - Theory, News & General
Topic: Bonds in Taxable (Low tax state)
Replies: 18
Views: 773

Re: Bonds in Taxable (Low tax state)

No expert in bonds, but wouldn't this be the wrong time to buy Intermediate Treasury (with new money)? It already had its run so you would be buying at peak, and I would think when things get back to "normal", can shift into the treasury in the coming years, but not now is not the time. Can anyone c...
by steve50
Fri May 01, 2020 1:11 pm
Forum: Investing - Theory, News & General
Topic: Why do I have Vanguard Tax-Exempt funds?
Replies: 27
Views: 3160

Re: Why do I have Vanguard Tax-Exempt funds?

I own the same 3 funds as OP in my taxable account. I am asking my self the same question as OP. The CD currently would be paying 1% after federal/state taxes for me, so it's either the CD or these funds for a taxable account. Don't see much any other option.
by steve50
Wed Apr 08, 2020 12:55 pm
Forum: Investing - Theory, News & General
Topic: Recession Model at 100% - Its here AND Germany Q2 GDP will contract 10%
Replies: 13
Views: 1289

Re: Recession Model at 100% - Its here AND Germany Q2 GDP will contract 10%

Wall Street knows the recession is coming or is already here, but I am still confused about why the market is still going up. I know the market is forward-looking, but it has gone down even much more with minor world news before. With the majority of the country/world in lockdown mode, it does not m...
by steve50
Tue Apr 07, 2020 10:50 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4007
Views: 307404

Re: Coronavirus and the market

So with the new ways of dealing with downmarket from Fed/Govt of pumping trillions of dollars into the economy every time it crashes, are the days of the market going down -50% type of planning gone? In that case, I don't think I will see > -50% down market in my lifetime then (Index funds and not i...
by steve50
Wed Mar 18, 2020 9:26 am
Forum: Personal Investments
Topic: Anything safer than VUSTX/VUSXX?
Replies: 4
Views: 334

Re: Anything safer than VUSTX/VUSXX?

For the short term, I would think VUSXX -- Treasury Money-Market would be the safest (vs Prime Money Market) and I would put VUSTX -- Long-term Treasurys in a risky category.
by steve50
Mon Jan 06, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: After tax 401k gains rollover to Traditional IRA
Replies: 4
Views: 362

Re: After tax 401k gains rollover to Traditional IRA

You can also open up Fidelity solo 401k and move the traditional IRA money there.
by steve50
Tue Dec 24, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Updating Wills and Trust
Replies: 18
Views: 2028

Re: Updating Wills and Trust

There is nothing magical about using attorneys and their signatures to have valid Wills and Trusts. For a simple change, you can make changes your self and get 2 witnesses to sign it and get it notarized in the same format as before. I am assuming you have a digital copy to be able to change it. I f...
by steve50
Fri Dec 20, 2019 1:40 pm
Forum: Personal Investments
Topic: After-tax from 401K to Roth IRA
Replies: 9
Views: 313

Re: After-tax from 401K to Roth IRA

Any particular reason you want to do this before end of 2019? I would just wait until January 2020 to do this process, since all the money is already in a 401k, it won't negatively impact any backdoor Roth IRA contributions you made this year if you delayed this process until 2020. Good point. I co...
by steve50
Fri Dec 20, 2019 1:37 pm
Forum: Personal Investments
Topic: After-tax from 401K to Roth IRA
Replies: 9
Views: 313

Re: After-tax from 401K to Roth IRA

All of the steps you mentioned are allowed as far as i know. You can also move entire 12k to your Roth IRA and pay little tax. That is what i would do. Thank you for confirming it's allowed. The amount is much larger and also in high tax bracket. I was just using $12K number to simplify the question.
by steve50
Fri Dec 20, 2019 1:17 pm
Forum: Personal Investments
Topic: After-tax from 401K to Roth IRA
Replies: 9
Views: 313

Re: After-tax from 401K to Roth IRA

Yes, the plan allows in-service distribution and distribution can be done internally (without having a check issued), so I was told it would take about 2-3 days only. They can only distribute it to a traditional IRA and not directly to solo 401k, so that's why the multi-step process and was not sure...
by steve50
Fri Dec 20, 2019 12:24 pm
Forum: Personal Investments
Topic: After-tax from 401K to Roth IRA
Replies: 9
Views: 313

After-tax from 401K to Roth IRA

Would following work for moving to Roth IRA: Company 401K plan: Using a rounded sample value for clarification. Total $12,000 After-tax portion in the 401k plan $10,000 Gain on After-tax $2,000 1. Move $10,000 after-tax money to Roth IRA 2. Move $2,000 gain on after-tax money to Traditional IRA 3. M...
by steve50
Fri Dec 13, 2019 11:38 am
Forum: Personal Investments
Topic: Trusts and Taxable accounts
Replies: 9
Views: 718

Re: Trusts and Taxable accounts

Hi, The attorney that created the trust has a separate funding package which I have not subscribed to yet. My husband and I have separate trusts created. My question for the taxable investments was more from a step-up in basis point of view. Will it receive 100% step-up if i put the account in a tr...
by steve50
Fri Dec 06, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Your credit card debt dies when you die (usually)
Replies: 128
Views: 6336

Re: Your credit card debt dies when you die (usually)

Does the same apply to medical/hospital bills when you die? Assuming there is no probate and real estate involved.
by steve50
Mon Nov 11, 2019 1:22 pm
Forum: Personal Investments
Topic: Bonds split in Retirement/Taxable Acct
Replies: 4
Views: 582

Re: Bonds split in Retirement/Taxable Acct

I am still not sure about Vanguard Total International Bond Index (VTABX). The SEC Yield 0.43% as listed on Vanguard web site sounds too low to me. Is this the overall total yield or am I missing something? If it is 0.43%, then it may work in taxable also compared to total bond market index.
by steve50
Sat Nov 09, 2019 12:10 pm
Forum: Personal Investments
Topic: Bonds split in Retirement/Taxable Acct
Replies: 4
Views: 582

Bonds split in Retirement/Taxable Acct

This is for a friend who is retired.  Filing as single and in 12% federal tax bracket with no state taxes (could move up to 22% tax bracket in future). No withdrawal needs from any of these funds for daily expenses.  For her bond allocation, she has room for 50% in a retirement account (IRA) and the...
by steve50
Thu Oct 31, 2019 1:40 pm
Forum: Personal Investments
Topic: Logistics of Backdoor ROTH IRA
Replies: 1
Views: 267

Logistics of Backdoor ROTH IRA

Currently, I have the following in my Vanguard traditional IRA Account:  1. $50K as tracked in form 8606 cost basis (non-deductible IRA contributions over the years) 2. $200K Rough estimate of multiple 401k's rolled over to this IRA in the past. 3. $90K Rough estimate of gain over the years in this ...
by steve50
Sat Mar 16, 2019 12:25 pm
Forum: Personal Investments
Topic: Tax-Exempt Bond Fund options
Replies: 19
Views: 3123

Re: Tax-Exempt Bond Fund options

State income tax is 3%
by steve50
Sat Mar 16, 2019 11:49 am
Forum: Personal Investments
Topic: Tax-Exempt Bond Fund options
Replies: 19
Views: 3123

Tax-Exempt Bond Fund options

I am looking for Tax-Exempt bond fund for my taxable account (No space in retirement accounts). 35% tax bracket (3% state). Vanguard advisor recommended the following allocation: 30% - Vanguard Limited-Term Tax-Exempt Fund Admiral Shares 40% - Vanguard Intermediate-Term Tax-Exempt Fund Admiral Share...
by steve50
Fri Mar 15, 2019 10:30 am
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 234
Views: 22782

Re: Tesla Model Y

Reading all the followup comments, I did not know that Bogleheads were that much into shorting stocks :)

For next Tesla thread, should have in subject line, for Tesla car owners ONLY!!
by steve50
Tue Mar 05, 2019 3:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 69836

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

One good thing about this is now, I will not have to log into my Vanguard account that often which is a good thing and will prevent me from making a stupid move. During a down market, I still had to log in and look at my balance before moving onto BillPay section every month.
by steve50
Tue Mar 05, 2019 1:49 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 631
Views: 69836

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

Looks like Fidelity CMA is the best option as a replacement. Fidelity can automatically liquidate MM for BillPay. Schwab cannot do this.
by steve50
Fri Mar 01, 2019 3:40 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 24388

Re: Talk me in/out of $35k Tesla Model 3

Tesla Model 3 owner for a while. One of the best purchase I ever made and is so much fun to drive. If you can afford it, I would go with premium package and AP & FSD options also.
by steve50
Thu Jan 17, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 61071

Re: John Bogle has died at age 89

Very sad to hear the loss of Mr. Bogle. He was a great man and will be truly missed.
by steve50
Fri Dec 14, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: International car rental fine: ignore?
Replies: 6
Views: 876

Re: International car rental fine: ignore?

The rental company charges of 25 Euro fee (on the CC you used for rental) to provide local police your information (name, address etc). You will then receive actual ticket fine letter in mail after several weeks directly from them. The letter will have bank name and account information where you can...
by steve50
Sun Oct 28, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 80
Views: 13283

Re: Tesla Model 3 Owners: Your experience so far

I used to think it was pretty cool to see a Tesla tooling around town. Now when I see one I just chuckle at the fool that bit on Elon's fantasy. Tesla is not likely to survive, given the number of competitive models coming to market with established dealer networks and supply chain advantages. wron...
by steve50
Sat Oct 27, 2018 11:00 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 80
Views: 13283

Re: Tesla Model 3 Owners: Your experience so far

Nice. Well Steve definitely seems happy. Why pay for FSD? Even if they make it happen in 2 years, government will drag their feet for years, no? I plan to keep the car for for very long time, so waiting for FSD is not a problem and the $3K was a very small price to pay for this type of feature (com...
by steve50
Sat Oct 27, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 80
Views: 13283

Re: Tesla Model 3 Owners: Your experience so far

RWD White+19"+EAP+FSD Owner: 1. Was it worth the money? ==> YES 2. Months of ownership so far ==> 3+ Months 3. Still positive, negative or somewhere in between (say on a 1-5 scale, 5 being very positive / happy). ==>5+ 4. Any big issues / surprises ==> Nope 5. What was the first issue you had that n...
by steve50
Mon Oct 08, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 921
Views: 82078

Re: Talk me out of buying a Tesla Model 3

First of all Tesla is a non-boglehead approved car ($$). But if you can afford it and not stretching yourself financially, I would highly recommend it to anyone. Buying Tesla 3 has been one of my best purchase ever. It is worth every penny I spent on it. I have owned Japanese and German car before, ...
by steve50
Thu Jun 07, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 4317

Re: Found an FSBO home for sale. How to avoid Realtor?

Check what your contract with Realtor says. Ask them to add a a clause that if you find, on your own, you are not responsible for paying them any commission. You do not need a Realtor or a lawyer to buy FSBO house. The title company is all you need and they will handle all the paper work for you. I ...
by steve50
Thu Apr 26, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 15572

Re: Wedding - financial burden on couple and attendees

As you can see from the debate that has started above different people view weddings in different ways. Some view it as "I want to share our marriage celebration with all our close family and close friends and will do what I can to be inclusive". While others seem to view it as "Its our wedding day...
by steve50
Mon Dec 11, 2017 1:35 pm
Forum: Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 2426

Re: What cause BH fear about running out of saving though they have big size of asset?

Future medical costs!! They can wipe your savings out pretty fast.

People without money don't have to worry about it since everything will be paid for them.
by steve50
Fri Dec 08, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 89
Views: 9207

Re: Bitcoin now the largest quantifiable bubble in history?

I could easily pop this bubble by buying into Bitcoins (still looking into it and have not done it yet). Every individual stock that I thought was a sure bet (outside of index funds) has gone down after I made the purchase, so have a pretty good track record :happy
by steve50
Wed Sep 27, 2017 8:49 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 273
Views: 18887

Re: The Rolex and The Boglehead

mark4269 wrote:
Wed Sep 27, 2017 7:45 pm
any tips from the rolexscenti about buying new steel Rolex from an AD? I'm looking to buy my first Rolex in Q1 2018. Is sub-MSRP attainable? I've heard yes from some, no from others.

I saw one Rolex at Costco last week which was around $27k. Not sure which model or it’s MSRP.
by steve50
Tue Sep 12, 2017 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Option to freeze outgoing ACH at Vanguard?
Replies: 6
Views: 1425

Option to freeze outgoing ACH at Vanguard?

Similar to credit freeze, is there some type of option to freeze ACH & wire transfers out of Vanguard account? Do not want to delete the banks I have in there, but some way to put freeze them and when needed, you can unfreeze them (similar to credit freeze). What is the best way to be protected from...
by steve50
Thu Jun 01, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Battery replaced on Prius hybrid car
Replies: 14
Views: 2998

Re: Battery replaced on Prius hybrid car

What did the Toyota dealer say it would cost to replace the battery?
by steve50
Wed May 10, 2017 7:04 pm
Forum: Personal Investments
Topic: Vanguard Personal Advisor Service
Replies: 7
Views: 1670

Re: Vanguard Personal Advisor Service

During my younger days, I had Vanguard advisor plan which was 100% stocks. They asked me if I felt comfortable with 100% stocks and I said yes. If I had hesitated, they would have put me in for 20% bonds. You can get financial plan from Vanguard advisor created and just implemented yourself (so don'...
by steve50
Sun Mar 19, 2017 10:18 am
Forum: Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 9061

Re: Am I Addicted [to contribute to my taxable account]

My taxable account balance makes up more then 50% of my total asset (I do max out everything else that I qualify for). Every time I have brought up taxable account investment topic at office or with anyone else, it is foreign concept for everyone and that topic just stops. I don't bring it up anymor...
by steve50
Sun Mar 05, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Camry Redesign
Replies: 61
Views: 8222

Re: Camry Redesign

deleted
by steve50
Sun Oct 09, 2016 9:44 am
Forum: Personal Investments
Topic: Backdoor Roth IRA - option closed for me?
Replies: 7
Views: 1484

Re: Backdoor Roth IRA - option closed for me?

Will look into moving it back into current 401K if that is allowed or not for my plan. Also cheapest bond fund that I have available in my 401K has 0.90% expense ratio so will have to see if yearly additional expenses are worth while or not.
by steve50
Sat Oct 08, 2016 7:49 pm
Forum: Personal Investments
Topic: Backdoor Roth IRA - option closed for me?
Replies: 7
Views: 1484

Backdoor Roth IRA - option closed for me?

I am looking at back door Roth conversion. It looks like that option would not work for me since it contains large amount of 401K rolled over to IRA, but just wanted to make sure I am not missing anything. Traditional IRA account balance is ~$500K (contains previous employer 401K rollover of about $...
by steve50
Sun Sep 04, 2016 10:23 am
Forum: Personal Consumer Issues
Topic: Frustrated Losing Weight!
Replies: 131
Views: 12919

Re: Frustrated Losing Weight!

Bookmarking this post. Lot of good information here and kind of a wake up call to get started on eating well and exercise. This is actually more important then what my retirement balance or AA is.
by steve50
Thu Jul 07, 2016 9:32 am
Forum: Investing - Theory, News & General
Topic: Staying compliant with property purchase out side of USA
Replies: 1
Views: 350

Staying compliant with property purchase out side of USA

I am in process of purchasing a property out side of the U.S. This would be a cash transaction. To stay compliant from IRS point of view, is there anything I need to do? There are no local property taxes so there is nothing to deduct and there is no mortgage. I would only need to report when I sell ...