Search found 966 matches

by mcraepat9
Fri Oct 26, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can an HSA help her with Breast Cancer?
Replies: 10
Views: 613

Re: Can an HSA help her with Breast Cancer?

I'm doing some legwork for a friend. Yesterday, my 29 year old friend was diagnosed with breast cancer. Throughout 2018 she and her husband + 2 children had no insurance. Today, her husbands job added her family to their employer high deductible plan, goes into force November 1. I don't have the de...
by mcraepat9
Tue Aug 28, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Total Stock Mkt vs. Total Int'l Index
Replies: 7
Views: 732

Re: Total Stock Mkt vs. Total Int'l Index

I'm super frustrated with Int'l returns this year after a very good 2017. I know we should all be invested with some Int'l but why give up 6-8% most years ??? especially when the US appears headed even higher ??? ? Should I reduce exposure in Int'l even further ? you want to sell low and buy high? ...
by mcraepat9
Mon Aug 27, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Maintaining portfolio balance
Replies: 5
Views: 550

Re: Maintaining portfolio balance

I got to ask, how do you guys rationalize sticking to a specific asset allocation? I’ve been trying to maintain 80/20 but not gonna lie, it’s tough when I’m making a monthly contribution. I see my US index has gone up like 20%, international only went up like 5%, and bonds are basically flat when a...
by mcraepat9
Mon Aug 27, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: 529 withdrawl timing
Replies: 10
Views: 1107

Re: 529 withdrawl timing

If you think about it, the year you make the payment makes more sense from the IRS's perspective. The idea is that the 529 is the source of funds making the payment, so matching the payments makes more sense than matching the *year* in which the payment is for (which requires more diligence and info...
by mcraepat9
Mon Aug 27, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: IJS significantly beat DFSVX
Replies: 16
Views: 916

Re: IJS significantly beat DFSVX

If I understand Yahoo's charts correctly, IJS has beaten DFSVX significantly since around the year 2000. Since that date, it appears that DFSVX has increased 260.10 percent, while IJS has increased about 460 percent. DFSVX had a larger drawdown in 2008 than did IJS I think both DFSVX and IJS are sm...
by mcraepat9
Mon Aug 27, 2018 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Municipal Bond Ladder / Tax Efficient Allocation of New Funds
Replies: 23
Views: 1931

Re: Municipal Bond Ladder / Tax Efficient Allocation of New Funds

Kill the loans. Totally get the “kill the loans” perspective. Seems interesting that people are mostly landing in the other direction in this thread: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=256519. Is the main difference between the two overall portfolio size (I disclosed mine but the ...
by mcraepat9
Mon Aug 27, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't Fidelity have an international bond index fund?
Replies: 12
Views: 969

Re: Why doesn't Fidelity have an international bond index fund?

Because they know that they add very little value to their customers.
by mcraepat9
Mon Aug 27, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing question...
Replies: 15
Views: 668

Re: Rebalancing question...

So I have a question about rebalancing. My 457(b) plan has an auto-rebalancing feature to keep my AA on track. However, as far as I can tell my Roth IRA (in Vanguard) does not, which means I have to do it manually. My target AA is: 54% Total US Stock Market 18% Small Cap Value US 18% Total Internat...
by mcraepat9
Mon Aug 27, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: 28/F - First time home buyer needs advice on saving more
Replies: 39
Views: 3914

Re: 28/F - First time home buyer needs advice on saving more

I want to purchase a home sooner than later because the market had been so hot for so long. I am afraid of being priced out or having to work through retirement to pay rent. Even if there’s a recession, I imagine housing prices won’t really fall. I can’t see a situation like 2008 again. At best, th...
by mcraepat9
Sat Aug 25, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is forming a LLC necessary for an independent contractor
Replies: 17
Views: 1639

Re: Is forming a LLC necessary for an independent contractor

No need for LLC. Maintain adequate liability insurance.
by mcraepat9
Thu Aug 23, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 61
Views: 4690

Re: Where to buy engagement ring?

NYC diamond district (get some recos for the right places to go) and pay cash. This is a no-brainer.
by mcraepat9
Sun Aug 19, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Sell taxable to contribute to solo 401k nrats
Replies: 7
Views: 693

Re: Sell taxable to contribute to solo 401k nrats

Thank you guys. Now I’m more confused :wink: The reason for confusion is: people are saying I shouldn’t do Roth 401k. If that’s the case I shouldn’t do this either which was just expanding my Roth space via mega backdoor Roth. Need to understand where this money would be invested if mega backdoor R...
by mcraepat9
Sun Aug 12, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with bond allocation in 401k plan
Replies: 4
Views: 415

Re: Need help with bond allocation in 401k plan

Metropolitan West Total Return Bond Fund Class I (MWTIX) State Street Aggregate Bond Index Fund Class K (SSFEX) Managed Income Portfolio Class 1 What are the expense ratios of these options? Probably the cheapest in this group is what you should use for bond funds You said " I plan to continue work...
by mcraepat9
Sun Aug 12, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: legal recruiters? any recommendations?
Replies: 4
Views: 635

Re: legal recruiters? any recommendations?

I have found that third party recruiters are useless in terms of in-house legal positions. Most in house legal jobs come about via networking, good client relationships and luck/entropy.
by mcraepat9
Sun Aug 12, 2018 2:43 pm
Forum: Investing - Theory, News & General
Topic: 3 Funds portfolio vs 4 funds
Replies: 2
Views: 392

Re: 3 Funds portfolio vs 4 funds

What would the 4th fund be?

No difference between mutual funds vs ETFs except any expense differential
by mcraepat9
Thu Aug 09, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: 529 Gift Tax Question - Married, Single Income
Replies: 1
Views: 143

Re: 529 Gift Tax Question - Married, Single Income

Greetings. Long time lurker, first time poster... I started a 529 for both of my children this year. We are late getting started on college savings as we have been focused on maxing out my 401k, HSA, etc. - kids are now 11 and 15. In order to supercharge the accounts, I'd like to put 30k in each fu...
by mcraepat9
Sun Aug 05, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: VINEX international fund
Replies: 29
Views: 1767

Re: VINEX international fund

read thru the answers posted so far. The reason I looked at VINEX is because I am not impressed by VTIAX performance after taking into account taxes. I am trying to find an international fund that is around 7 percent return after taxes. I would like the diversification of having international stock...
by mcraepat9
Thu Aug 02, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?
Replies: 15
Views: 1862

Re: Let's talk Bonds: BND, VCIT, BIV, LQD, SLQD?

Hey guys - looking for a good Bond fund to balance my 80/20 retirement portfolio. I want some bonds to reduce volatility, rebalancing, etc. Currently I hold BND, but thinking to just hold corporate debt (VCIT, LQD or SLQD) or shorter term rates. What's the general consensus on bond funds, and what'...
by mcraepat9
Thu Aug 02, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 5047

Re: Which diet soda pop do you enjoy?

Diet Sunkist obviously
by mcraepat9
Tue Jul 31, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Use attorney or software for simple will
Replies: 35
Views: 2806

Re: Use attorney or software for simple will

Wholeheartedly agree! I know what I don't know and seek advice from qualified individuals for things I don't know. Again, I would not conduct surgery on myself by watching youtube videos. Cheers I knew we would get to a completely irrelevant analogy before long. Glad to see the bar association is w...
by mcraepat9
Tue Jul 31, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Use attorney or software for simple will
Replies: 35
Views: 2806

Re: Use attorney or software for simple will

Does quicken will program work? Maybe. Maybe not. What do you mean when you say the program may work on not work? Do you mean the executor is going to take the (properly witnessed and notarized) will to the courthouse and the Register of Wills and what? Are you thinking the Register will not accept...
by mcraepat9
Tue Jul 31, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Use attorney or software for simple will
Replies: 35
Views: 2806

Re: Use attorney or software for simple will

Does quicken will program work? Maybe. Maybe not. What do you mean when you say the program may work on not work? Do you mean the executor is going to take the (properly witnessed and notarized) will to the courthouse and the Register of Wills and what? Are you thinking the Register will not accept...
by mcraepat9
Mon Jul 30, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 3275

Re: The Guy with the Weird Portfolio

Hey guys, I'm the new guy who asked you all what you thought of my 1/3 REIT, 1/3 Utilities, and 1/3 Blue Chip model. After contemplating your replies and following up with a couple of specific responders, I'd love to know what you think about this proposed portfolio. Specifically, whether it is mor...
by mcraepat9
Mon Jul 30, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable investing
Replies: 9
Views: 1530

Re: Taxable investing

I am hoping to get some direction on what my best options are for a taxable investment, I think most of my tax-deferred options are utilized, here is a summary of our situation. Summary: Emergency funds: 6 month+ (beyond this we have too much cash, would like advise on monthly investment options) D...
by mcraepat9
Mon Jul 30, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA to ROTH and pay taxes now?
Replies: 7
Views: 870

Re: Traditional IRA to ROTH and pay taxes now?

A friend is currently maxing out 401k, HSA has no debt and a good emergency fund. They currently have about $6k in a Traditional (tax deferred) IRA from several years ago. They are currently in their mid-30s and in the 24% marginal tax bracket. Most likely the taxes will be lower in retirement but ...
by mcraepat9
Mon Jul 30, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Use attorney or software for simple will
Replies: 35
Views: 2806

Re: Use attorney or software for simple will

My husband and I have 2 kids who are responsible adults. We own a modest house and have less than $3m in investments. What are the benefits to having an attorney draw up a will instead of using software such as quicken will program? If you have enough in investments that you had to say “less than $...
by mcraepat9
Sun Jul 29, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Buying a home [as a safe investment]
Replies: 42
Views: 3371

Re: Buying a home

Don't you have to account for investing the difference? Especially among BHs, that is what they are doing with their excess cash that they aren't spending on housing costs. That $50,000 down payment, invested 30 years ago in Vanguard's S&P 500 investor fund, would be worth almost $1MM today. 10 yea...
by mcraepat9
Sun Jul 29, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: Buying a home [as a safe investment]
Replies: 42
Views: 3371

Re: Buying a home

Don't you have to account for investing the difference? Especially among BHs, that is what they are doing with their excess cash that they aren't spending on housing costs. That $50,000 down payment, invested 30 years ago in Vanguard's S&P 500 investor fund, would be worth almost $1MM today. 10 yea...
by mcraepat9
Sun Jul 29, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Buying a home [as a safe investment]
Replies: 42
Views: 3371

Re: Buying a home

These arguments have been going back and forth for a long time and mostly result in people talking past each other. Despite that, I will give some real-life numbers to reflect the true comparison which is not buying a home vs investing, rather it is buying a home vs renting. Don't you have to accou...
by mcraepat9
Sun Jul 29, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: Buying a home [as a safe investment]
Replies: 42
Views: 3371

Re: Buying a home

These arguments have been going back and forth for a long time and mostly result in people talking past each other. Despite that, I will give some real-life numbers to reflect the true comparison which is not buying a home vs investing, rather it is buying a home vs renting. Don't you have to accou...
by mcraepat9
Fri Jul 27, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Admiral Fund or ETF for 3-Fund?
Replies: 31
Views: 2192

Re: Admiral Fund or ETF for 3-Fund?

This is one of those situations where the old saying is right -

"if you have to ask 'ETFs or mutual funds', then you should stick with mutual funds"
by mcraepat9
Thu Jul 12, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Selecting HSA custodian
Replies: 14
Views: 1185

Re: Selecting HSA custodian

This website has a chart that I found helpful:

https://20somethingfinance.com/best-hsa-account/
by mcraepat9
Thu Jul 12, 2018 1:24 am
Forum: Investing - Help with Personal Investments
Topic: Admiral shares: VWUSG vs VWUAG
Replies: 6
Views: 795

Re: Admiral shares: VWUSG vs VWUAG

New to this stuff (currently reading the Bogleheads books) and I started investing into VWUSG last year which has had great growth. Soon I’ll be eligible for admiral shares however VWUAG seems like its had significantly less growth YTD. While the option the convert to admiral shares sounds great at...
by mcraepat9
Tue Jul 10, 2018 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback on a simple investment strategy
Replies: 8
Views: 818

Re: Feedback on a simple investment strategy

Thanks everyone. But, if I have to do the re-investment (say using the three fund portfolio strategy), won't this result in capital gains tax for the brokerage account (the 401K should be fine)? Is it worth taking the possible tax hit to fix up the portfolio? You will have to pay tax on the gains, ...
by mcraepat9
Tue Jul 10, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 5091

Re: Target date funds....unsophisticated?

Sophisticated is just another word for complex. Insurance firms love to wrap things up in expensive wrappers and market them as sophisticated, while they are just so complex you can't understand how bad they are. I'd say your simple target date fund is just the right amount of complexity. +1 +1
by mcraepat9
Tue Jul 10, 2018 10:27 pm
Forum: Investing - Theory, News & General
Topic: US Treasuries vs Munis in taxable
Replies: 15
Views: 2884

Re: US Treasuries vs Munis in taxable

I'm asking solely about US bond funds in a taxable account. I am in the highest federal tax bracket, with a 6% state tax rate. Short version - Why not VGIT over VTEB in taxable? (Intermediate US Treasuries vs Intermediate Tax Exempt) Long version - I've seen many threads that suggest an Intermediat...
by mcraepat9
Tue Jul 10, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: Funding Backdoor Roth IRAs w/ portion of EF
Replies: 6
Views: 378

Re: Funding Backdoor Roth IRAs w/ portion of EF

Want opinions/thoughts on taking a portion of my emergency fund in order to fund Backdoor Roth’s this year so I don’t lose out on the $11k. Current financial picture. 32yr old and Spouse 36 yrs old Gross Income for Self and Spouse: $240K Current Debt: $55k Student Loans @ average of 5% interest (Or...
by mcraepat9
Tue Jul 10, 2018 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs Traditional 401k
Replies: 11
Views: 830

Re: Roth 401k vs Traditional 401k

This ignores any strategic Roth conversions between now and retirement. I think Roth 401k would be a mistake for most people.
by mcraepat9
Sun Jul 08, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: 58 yr old divorced female, BH newbie, needs help consolidating retirement portfolio
Replies: 9
Views: 1480

Re: 58 yr old divorced female, BH newbie, needs help consolidating retirement portfolio

Hi everyone, BH newbie here, totally overwhelmed and seeking help with my retirement portfolio. Any suggestions and advice would be most appreciated. Welcome to BH! Relax, take it slow and focus on things you can control. Get a plan together that you understand and can stick with. Ask a lot of ques...
by mcraepat9
Sun Jul 08, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow for BigLaw Partnership Buy-in?
Replies: 26
Views: 4178

Re: Borrow for BigLaw Partnership Buy-in?

I agree with the previous Lawyer's advice. The only thing that is strange to me, and probably because I'm less familiar with Law firms than other professional services firms is that the buy-in is facilitated by a loan from a bank instead of by the company itself where you just have a lower draw unt...
by mcraepat9
Sun Jul 08, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: How did Druckenmiller achieve a positive return in 2008?
Replies: 14
Views: 1869

Re: How did Druckenmiller achieve a positive return in 2008?

Jim Druckenmiller invests? I thought he was an NFL quarterback?
by mcraepat9
Sun Jul 08, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Order - EE Bonds
Replies: 7
Views: 1082

Re: Investment Order - EE Bonds

mcraepat9, First and foremost, thank you for being a second set of eyes. I have some additional responses below. -I've spent some time in firecalc, but I should probably give it another pass. My current level of spending is approximately ~2K a month. Any leftover goes into taxable after maxing 401k...
by mcraepat9
Sun Jul 08, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Switch to active management from buy and hold
Replies: 8
Views: 677

Re: Switch to active management from buy and hold

I've been a "buy and hold" investor (60% equities mostly index funds) and 40%fixed income (also mostly index)....now that I'm 72 and retired by Fidelity advisor tells me that it no longer works. To provide for income half of my assets should go under their "active management" since if inflation com...
by mcraepat9
Sun Jul 08, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking help with investment planning
Replies: 6
Views: 346

Re: Seeking help with investment planning

Questions: We feel comfortable with our asset allocation in terms of risk. Where do we go from here? Do we maximize traditional IRA contributions and perform a backdoor Roth? Thank you in advance for your help! 1- 80:20 is fine. 10% intl is fine (low for me, i do 30%). 2- you need to move the tIRA ...
by mcraepat9
Sun Jul 08, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: Expense ratio and holding cost, which is more accurate?
Replies: 6
Views: 655

Re: Expense ratio and holding cost, which is more accurate?

This is helpful information - i have always ignored that number in the past. I don't plan on looking at that number going forward either.
by mcraepat9
Sun Jul 08, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow for BigLaw Partnership Buy-in?
Replies: 26
Views: 4178

Re: Borrow for BigLaw Partnership Buy-in?

OP -- I think only other biglaw attorneys can really appreciate the question. This is not something where you should be getting cute or asking what the upside is, etc. -- you know what the upside is, you become a biglaw equity partner and the right to share in the firm's profits. How about not bein...
by mcraepat9
Sun Jul 08, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help with move to HCOL area
Replies: 6
Views: 902

Re: Help with move to HCOL area

Hello All, I may be accepting a new job with the US Government and moving to the D.C. area. This will entail moving to a much higher cost of living area, but will get a pay hike to cover most of the difference in living expenses. Of course, several aspects of my financial life will change. I have t...
by mcraepat9
Sun Jul 08, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: How to convert ETF to Mutual funds with cost-basis provided
Replies: 4
Views: 600

Re: How to convert ETF to Mutual funds with cost-basis provided

Cost basis by definition cannot be negative - it is what you paid for the security. Each security in your taxable account will have a cost basis along with an unrealized gain or loss (the difference between what you paid for it and what it's worth now), which may be long term (held for more than 1 ...