Search found 1245 matches

by mcraepat9
Wed Aug 21, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Why investment complexity is appealing and simplicity isn't
Replies: 65
Views: 3516

Re: Why investment complexity is appealing and simplicity isn't

Two things I would add to this discussion (as it relates to simplicity and giving advice on this forum): 1. When it comes to money, people don't like to hear what they have set up for their money is "fine". Compare that to a dozen other areas of life, where people basically try to get to a situation...
by mcraepat9
Tue Aug 20, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: Technical Question on Stock Power
Replies: 1
Views: 186

Re: Technical Question on Stock Power

The person you are giving the stock power to is able to designate another person to act in that person’s place.
by mcraepat9
Mon Aug 19, 2019 1:15 pm
Forum: Personal Investments
Topic: I'm signing up for Vanguard PAS...
Replies: 40
Views: 4407

Re: I'm signing up for Vanguard PAS...

I appreciate your annoyance at this provision. However, I suspect that the universe of investors for whom VPAS is the right fit, that provision is more likely to help them (and save them thousands of dollars) than hurt them. If you want the ability to make quick moves, I don't think VPAS is right fo...
by mcraepat9
Mon Aug 19, 2019 10:14 am
Forum: Personal Investments
Topic: Understanding capital gains tax
Replies: 17
Views: 1647

Re: Understanding capital gains tax

Please help me understand how much long term capital gains tax I would be paying if I sold 200,00.00 in my Vanguard Total Stock Market. According to what I find online I am in the 15% tax bracket for capital gains. So, is it as simple as paying 15% of 200.000.00? This is my first time having to sel...
by mcraepat9
Sun Aug 18, 2019 7:24 pm
Forum: Investing - Theory, News & General
Topic: The W’s [Wellesley or Wellington] over a bond fund?
Replies: 27
Views: 3202

Re: The W’s over a bond fund?

I would not. I think these funds have riskier bonds (longer term at least) than US Bond Index, but they effectively hide that from emotional investors who might worry about such things. I suppose I could be wrong about the average duration and maturity of the bonds in these funds, but it could easi...
by mcraepat9
Sun Aug 18, 2019 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 108
Views: 13654

Re: Anyone retire in their 30s?

This place is extremely conservative it seems, financially. But I was curious if anyone had just called it quits from the corporate grind much younger than normal? In my 20s, I was very motivated and engaged to learn as much as I could at my career. Now, moving into management the environment has b...
by mcraepat9
Sun Aug 18, 2019 1:04 am
Forum: Personal Investments
Topic: Why did VTSAX start having < 100% qualified dividends a few years ago?
Replies: 7
Views: 1035

Re: Why did VTSAX start having < 100% qualified dividends a few years ago?

Funds that have 95% qualified dividends are treated as having 100%. Total stock market funds flirt with that threshold. Not sure what you mean, “treated like”. My 1099 used to have 100%, and now it’s 95% qualified. I should have wrote > 95% So if it’s >95%, do they just round up to 100% on a 1099? ...
by mcraepat9
Sat Aug 17, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone retire in their 30s?
Replies: 108
Views: 13654

Re: Anyone retire in their 30s?

This place is extremely conservative it seems, financially. But I was curious if anyone had just called it quits from the corporate grind much younger than normal? In my 20s, I was very motivated and engaged to learn as much as I could at my career. Now, moving into management the environment has b...
by mcraepat9
Sat Aug 17, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1457
Views: 149329

Re: Why is "The Americans" on the Bogleheads Amazon list?

02nz wrote:
Sat Aug 17, 2019 5:20 pm
Whakamole wrote:
Sat Aug 17, 2019 9:22 am
couldn't even get past the first episode of that show.
Too bad. One of the best TV shows ever.
+1
by mcraepat9
Fri Aug 16, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to define "HCOL" (high cost of living) areas?
Replies: 79
Views: 4653

Re: How to define "HCOL" (high cost of living) areas?

mptfan wrote:
Fri Aug 16, 2019 3:35 pm
(I find it interesting that 8 out of the top 20 are in California)
No doubt! It speaks to how much wealth opportunity there is in the Golden State.
by mcraepat9
Wed Aug 14, 2019 11:21 pm
Forum: Personal Investments
Topic: VTIAX TLH Partner Fund
Replies: 8
Views: 406

Re: VTIAX TLH Partner Fund

Historically the difference in performance has been immaterial.
by mcraepat9
Wed Aug 14, 2019 11:10 pm
Forum: Personal Investments
Topic: VTIAX TLH Partner Fund
Replies: 8
Views: 406

Re: VTIAX TLH Partner Fund

vfwax
by mcraepat9
Sun Aug 11, 2019 1:30 pm
Forum: Personal Consumer Issues
Topic: Checking credit card statements
Replies: 52
Views: 2731

Re: Checking credit card statements

I eyeball my statement at the end of the billing cycle; probably spend under one minute per month on it. Considering how much time I would probably spend before I found a mistake I have decided to not go crazy reconciling everything. I have a pretty high materiality level for verifying activity on ...
by mcraepat9
Sun Aug 11, 2019 12:51 pm
Forum: Personal Investments
Topic: Income stream for 10 years
Replies: 39
Views: 4654

Re: Income stream for 10 years

1. MIL needs to realize that anything that involves equities will necessarily involve risk. The equity piece can fall as much as 50%. 2. If OK with equities, would consider 30/70 rather than 20/80 - this is Vanguards target income retirement fund allocation and Rick ferri’s “center of gravity” for r...
by mcraepat9
Sun Aug 11, 2019 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 6913

Re: How should my Spouse and I handle a $300,000 Settlement?

I’m not going to pile on - what’s done is done. You should take the above advice, ignore the negativity/judgment, but realize that it comes from a core principle that bogleheads live by - you must live below your means. You need to start from a clean slate and figure out how to budget and live toget...
by mcraepat9
Sat Aug 10, 2019 7:11 pm
Forum: Personal Investments
Topic: Traditional 401(k) or Roth 401(k)
Replies: 9
Views: 684

Re: Traditional 401(k) or Roth 401(k)

Short answer: Do all traditional 401k contributions at your tax rate. Longer answer: It takes about a $15 million traditional 401k/IRA balance to generate enough income (assuming 4% withdrawal rate) to even get to the bottom of the 37% federal bracket for married couples. Unless your current trad'l...
by mcraepat9
Tue Aug 06, 2019 11:33 pm
Forum: Personal Investments
Topic: Portfolio review - 24 years old
Replies: 9
Views: 843

Re: Portfolio review - 24 years old

+1 Re traditional 401k over Roth 401k absent some unusual circumstances - if you have a large pension for example.
by mcraepat9
Tue Aug 06, 2019 11:16 pm
Forum: Personal Investments
Topic: Target date fund vs. index funds (no tickers)
Replies: 12
Views: 802

Re: Target date fund vs. index funds (no tickers)

Perfectionism in this area will drive you nuts for so little benefit. Waste of your time IMHO
by mcraepat9
Tue Aug 06, 2019 11:11 pm
Forum: Personal Consumer Issues
Topic: Need a Printer!
Replies: 21
Views: 1234

Re: Need a Printer!

I use Canon MAXIFY MB5420 which does everything you ask for and is very reliable. Complete no brainer if you are OK with inkjet. Never had any issues and I print 200 page docs (duplex and in color, of course) and duplex scan to PDF all the time. I use aftermarket ink to avoid cost of cartridges.
by mcraepat9
Tue Aug 06, 2019 6:48 pm
Forum: Personal Investments
Topic: Portfolio Question
Replies: 24
Views: 1118

Re: Portfolio Question

However, my company's current 401k provider is sparse on Vanguard funds if you go with a build it yourself portfolio. This is forcing me to pick between only a few funds. Vanguard is not the only fund company with low-cost index funds. Perhaps your 401k has other decent options from Fidelity, Schwa...
by mcraepat9
Fri Aug 02, 2019 11:32 am
Forum: Personal Investments
Topic: Question re superfunding NYS 529
Replies: 5
Views: 473

Re: Question re superfunding NYS 529

Thank you mcraepat9 for your detailed response. If I understood correctly, you seem to suggest I should structure these top ups so that I do not have to file the form 709. Is the 709 cumbersome / painful? Hello - my wife and I would like to top up our 2-year old son’s 529 with New York State and wo...
by mcraepat9
Thu Aug 01, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Is roof warranty still valid? Owner sold company a year ago
Replies: 11
Views: 674

Re: Is roof warranty still valid? Owner sold company a year ago

Our home was reroofed 3 years ago and came with a 5 year warranty. The shingles have some installation-related issues in a 1x3' area, which is likely covered under the warranty. That said, I am unsure whether our warranty is still valid. The company who roofed our house was sold a year ago. Chattin...
by mcraepat9
Thu Aug 01, 2019 11:07 am
Forum: Personal Investments
Topic: Tax-efficient placement of international stock fund
Replies: 8
Views: 639

Re: Tax-efficient placement of international stock fund

The Wiki article on Tax-Efficient Fund Placement recommends that international stocks be placed in a taxable account so that one can take advantage of the foreign tax credit. I don't plan to do that because the amount of tax savings does not compensate for the increased complexity of the tax return...
by mcraepat9
Thu Aug 01, 2019 11:00 am
Forum: Personal Investments
Topic: Question re superfunding NYS 529
Replies: 5
Views: 473

Re: Question re superfunding NYS 529

Hello - my wife and I would like to top up our 2-year old son’s 529 with New York State and would appreciate insight from the bh community. Currently the balance is $39k in the 529, with $14k contributed in 2018 and 15k in 2019. We would like to top this up to about $100k with a $61k deposit. My qu...
by mcraepat9
Wed Jul 31, 2019 9:09 pm
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3218

Re: Pay off $17k student loan or max out 401k this year?

Just landed a new job at a tech startup. I'm trying to decide if I should pay off my federal student loan ($17k @ 3.8% fixed) or max out 401k with 4% match for the remainder of this year. I'm leaning more towards paying off my loan while doing the 401k match since startups can be unstable . I could...
by mcraepat9
Wed Jul 31, 2019 4:34 pm
Forum: Personal Investments
Topic: Buying Amazon Stock
Replies: 28
Views: 3442

Re: Buying Amazon Stock

What is the point of buying one share? In 1985, BRK-A averaged a share price of $1982 (about where Amazon has been running recently) Today it closed at $312,430.00 That's why. I personally don't mind paying taxes on massive gains. If you expect a 158 fold increase in Amazon, to a final market cap o...
by mcraepat9
Wed Jul 31, 2019 12:48 am
Forum: Personal Investments
Topic: Buying Amazon Stock
Replies: 28
Views: 3442

Re: Buying Amazon Stock

What is the point of buying one share?
by mcraepat9
Tue Jul 30, 2019 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing ?
Replies: 17
Views: 1908

Re: How am I doing ?

Also like to add that I am 44 % in US stock, 12 international, 15 bonds and 29% approx in money market overall across all my accounts. From what I have read, this high % of MM is not good, but I never seem to have the courage to go more into stocks. I always fear that a fall is coming . Any suggest...
by mcraepat9
Tue Jul 30, 2019 11:28 pm
Forum: Personal Investments
Topic: Are 529's counted as part of an estate?
Replies: 6
Views: 647

Re: Are 529's counted as part of an estate?

Grandparent looks to be close to going into Estate Tax upon death. Wants to contribute funds to a 529 to lower the estate. In order to avoid estate tax, should the 529 NOT have the grandparent's name as owner? Would it be best to name the parent as the owner and the grandchild as the beneficiary? C...
by mcraepat9
Mon Jul 29, 2019 11:00 pm
Forum: Investing - Theory, News & General
Topic: Why not aim for a HIGH YIELDING portfolio?
Replies: 60
Views: 4915

Re: Why not aim for a HIGH YIELDING portfolio?

I must be dense - I’ve never heard this “point of a gun” reference before and now seemingly everyone is quoting it? Where have I been??
by mcraepat9
Mon Jul 29, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: Why VBTLX returned 7.85% over the year with rates rising?
Replies: 18
Views: 2336

Re: Why VBTLX returned 7.85% over the year with rates rising?

MotoTrojan wrote:
Mon Jul 29, 2019 10:04 pm
Gotta commend you on your ability to ignore the financial news/noise and stick to your plan.
+1
by mcraepat9
Mon Jul 29, 2019 10:07 pm
Forum: Personal Consumer Issues
Topic: Ink refill - Brother's printer
Replies: 13
Views: 1062

Re: Ink refill - Brother's printer

One related thing I found is that, for some inkjet printer manufacturers whose cartridges use a chip, their software driver 'updates' may contain stealth code that looks for non-OEM cartridges and disables the printer for these cartridges. After an update a non-Brother printer rejected the installe...
by mcraepat9
Mon Jul 29, 2019 10:05 pm
Forum: Investing - Theory, News & General
Topic: A low-cost 5 fund Boglehead portfolio
Replies: 98
Views: 11272

Re: A low-cost 5 fund Boglehead portfolio

Weird this is almost my exact portfolio. No long term bonds.
by mcraepat9
Sun Jul 28, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: Ink refill - Brother's printer
Replies: 13
Views: 1062

Re: Ink refill - Brother's printer

I’ve had good experiences with inkproducts.com for refilling my Canon inkjet.

https://www.inkproducts.com/ink-store44 ... uctid=1689
by mcraepat9
Sat Jul 27, 2019 6:45 pm
Forum: Personal Investments
Topic: High tax bracket = good reason for deviating from the lazy 3-fund portfolio?
Replies: 22
Views: 2664

Re: High tax bracket = good reason for deviating from the lazy 3-fund portfolio?

If you are single in the middle of the 32% tax bracket, you should only be paying 15% on your qualified dividends. At the most, you would be paying 18.8% if you are subject to the NIT. VTI/VTSAX would have no capital gains distributions. The tax on the qualified dividend now reduces the tax on the ...
by mcraepat9
Sat Jul 27, 2019 1:26 pm
Forum: Personal Investments
Topic: I think I found someone to ask about retirement plans....
Replies: 24
Views: 4428

Re: I think I found someone to ask about retirement plans....

Unclescrooge, To be clear, it is uncommon that I transfer funds or change from one fund to another. Perhaps twice a year I will assess the returns of my funds and compare to others. And, aggressively, I tend to stick with funds with consistently higher returns over 1,3,5 and 10 years; and yes I am ...
by mcraepat9
Fri Jul 26, 2019 8:54 am
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 2735

Re: Who has the best (easiest) Donor Advised Fund

I can only speak to the Fidelity DAF. $5,000 minimum to open and very easy to use. I can't think of anything that would make it easier. I agree. Though this is also my only experience. Opening it took all of 2 minutes. How long did transferring stock from another brokerage take? I only donate to my...
by mcraepat9
Fri Jul 26, 2019 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Critique my 3 year Financial Future plan
Replies: 11
Views: 971

Re: Critique my 3 year Financial Future plan

A lot of changes in life have been happening and I want to make the right financial choices now that our financial life is suddenly changing. I don't want to screw up. About me: 30 yo; Physician who just finished residency 1 month ago. 1099 Contractor position. Income went from 56k to ~480k (Pretax...
by mcraepat9
Thu Jul 25, 2019 4:59 pm
Forum: Personal Investments
Topic: asset allocation - thoughts welcome
Replies: 7
Views: 526

Re: asset allocation - thoughts welcome

here is my allocation, all in VG 30% - SP500 25% - SV index 5% - VG Explorer 25% - Tot Int'l index 5% - VH Int'l Explorer 10% - Total Bond index suggestions welcome Eh, i would take the 2 5% slugs (which won't move the needle) and move them to more SV and total int'l respectively. Could also take t...
by mcraepat9
Thu Jul 25, 2019 4:31 pm
Forum: Personal Investments
Topic: Another on the right track question
Replies: 15
Views: 1182

Re: Another on the right track question

Thank you all for the advice. I have edited the original post to add more info. Will add 401k fund info later on. Paying off car loans and maxing out 401k seem to be the common advice. He plans on paying off his car loan this year. She will payoff in the remaining period as she wants to build her c...
by mcraepat9
Thu Jul 25, 2019 4:23 pm
Forum: Personal Investments
Topic: Another on the right track question
Replies: 15
Views: 1182

Re: Another on the right track question

Your ability to do Backdoor Roth IRAs has nothing to do with your employer plans at all. Check out the wiki for a clear explanation. That’s another $12k a year in tax advantaged space.

https://www.bogleheads.org/wiki/Backdoor_Roth
by mcraepat9
Thu Jul 25, 2019 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Getting New House Fever... Advice?
Replies: 26
Views: 1930

Re: Getting New House Fever... Advice?

Hope you're following this thread - viewtopic.php?f=2&t=286525

Home ownership is not all sunshine and rainbows.
by mcraepat9
Thu Jul 25, 2019 2:28 pm
Forum: Personal Investments
Topic: New Investment Porfolio
Replies: 10
Views: 740

Re: New Investment Porfolio

I think it's probably fine if it suits you. I doubt it will do any better than a simple market weight 3 fund type portfolio. This is the right answer. If you like this portfolio, go with it. But you can probably simplify greatly to a 3 fund portfolio and end up as good or better Yeah, I can see tha...
by mcraepat9
Thu Jul 25, 2019 1:52 am
Forum: Personal Finance (Not Investing)
Topic: How do you deal with looking bad compared to others?
Replies: 77
Views: 5210

Re: How do you deal with looking bad compared to others?

Hi, I'm fully bought into the idea of living within my means. I have a decent amount of money invested. Own a reasonably sized house for our family and no one really knows how much I make or have saved up since we don't live ostentatiously. My problem is with relatives and wider family members snic...
by mcraepat9
Thu Jul 25, 2019 1:39 am
Forum: Personal Investments
Topic: Another on the right track question
Replies: 15
Views: 1182

Re: Another on the right track question

We are DINKs, live in a VHCOL area (SF Bay Area) and in early 30's. Combined Income: $312k base, $32k bonus once a year. Debt:- Home $890k, 30yr fixed Mortgage $680k - 3.875%, 29 yrs remaining. PIT: ~$4k/mo. Car loans:- not following this - shouldn't you want to pay the 4% car loan off first rather...
by mcraepat9
Wed Jul 24, 2019 5:32 pm
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 2735

Re: Who has the best (easiest) Donor Advised Fund

Fidelity - they have absolutely nailed this.
by mcraepat9
Wed Jul 24, 2019 5:19 pm
Forum: Personal Investments
Topic: New Investment Porfolio
Replies: 10
Views: 740

Re: New Investment Porfolio

retiredjg wrote:
Wed Jul 24, 2019 12:21 pm
I think it's probably fine if it suits you. I doubt it will do any better than a simple market weight 3 fund type portfolio.
This is the right answer. If you like this portfolio, go with it. But you can probably simplify greatly to a 3 fund portfolio and end up as good or better