Search found 11263 matches

by DSInvestor
Mon Jul 13, 2020 11:24 am
Forum: Investing - Theory, News & General
Topic: Are the SP 500 index and total stock market index substantially identical for wash sale?
Replies: 5
Views: 341

Re: Are the SP 500 index and total stock market index substantially identical for wash sale?

No, S&P500 index fund and Total Stock Market index fund are not substantially identical. One holds 510 stocks and the other almost 3500 stocks.
by DSInvestor
Fri Jul 10, 2020 1:21 pm
Forum: Personal Consumer Issues
Topic: What are the large uninsured expenses in retirement?
Replies: 69
Views: 3990

Re: What are the large uninsured expenses in retirement?

If not yet eligible for Medicare and purchasing health insurance through your healthcare exchange to qualify for ACA Premium Tax Credit, be aware that if your income exceeds certain limits, you may lose the premium tax credit that is worth $10-20K per year. For example, for my state a couple both ag...
by DSInvestor
Fri Jul 03, 2020 11:44 am
Forum: Personal Investments
Topic: Roth 401K or Trad 401K
Replies: 19
Views: 989

Re: Roth 401K or Trad 401K

The decision isn't purely about tax rates. One should also consider other financial priorities. If one chooses to go with Roth 401k and give up a valuable up front tax reduction, one has less take home pay that may divert from other priorities like saving for a home downpayment, boosting emergency c...
by DSInvestor
Wed Jul 01, 2020 11:11 am
Forum: Personal Finance (Not Investing)
Topic: OK to max out 2020 solo 401k now?
Replies: 12
Views: 655

Re: OK to max out 2020 solo 401k now?

The employer profit share contributions for sole proprietors are based on a percentage of the net business income which isn't known until all the numbers come in for the year. For S-Corp, paying a W-2 salary, employer profit share is a percentage of the W-2 salary and this is easier to work with fro...
by DSInvestor
Tue Jun 30, 2020 10:14 am
Forum: Personal Investments
Topic: Switching solo 401k for access to Roth 401k?
Replies: 6
Views: 346

Re: Switching solo 401k for access to Roth 401k?

Would your employer profit share paid by your company increase if you reduced your employee salary deferral contributions? For example, if your W-2 salary is 200K and company pays 25% profit share or 50K, they cannot pay you the full 50K if you contribute 19.5K employee salary deferral as this would...
by DSInvestor
Sat Jun 27, 2020 6:48 pm
Forum: Personal Consumer Issues
Topic: Fire HD 8 Tablet - pricing, model confusion
Replies: 19
Views: 946

Re: Fire HD 8 Tablet - pricing, model confusion

How well does the Kindle app work on an iPad? is it seamless once it's loaded on the iPad? For example, do Kindle books automatically download once connected to wifi, the way they do with a Fire or Kindle device? Works well, downloads automatically. The big limitation is that you can't buy ebooks f...
by DSInvestor
Sat Jun 27, 2020 6:02 pm
Forum: Personal Consumer Issues
Topic: [Insurance] storing a car for 0~2 years
Replies: 16
Views: 868

Re: [Insurance] storing a car for 0~2 years

Look into a storage plan for that car. I used to travel for 5-6 months at a time and would call GEICO to ask for storage plan and they'd ask for the odometer reading. When I came back, I'd take the car off the storage plan and read them the odometer. Another option would be to check the cost for a m...
by DSInvestor
Sat Jun 27, 2020 10:30 am
Forum: Personal Consumer Issues
Topic: Fire HD 8 Tablet - pricing, model confusion
Replies: 19
Views: 946

Re: Fire HD 8 Tablet - pricing, model confusion

I'd take a closer look at iPad 10.2 inch model that is on sale at Bestbuy right now. $249 (normally $329) for 32GB, 128GB is $329 (normally $429). Not sure which version you currently own. The current generation iPad Wirecutter - iPad is the best tablet for 2020: https://www.nytimes.com/wirecutter/r...
by DSInvestor
Sat Jun 27, 2020 10:01 am
Forum: Personal Investments
Topic: Switching solo 401k for access to Roth 401k?
Replies: 6
Views: 346

Re: Switching solo 401k for access to Roth 401k?

Employer profit share contributions into Solo 401k must be Traditional. They are an expense of the business. Roth 401k contributions are always in the employee salary deferral contribution. This is true for full Roth 401k and Roth Solo 401k. If your 401k allows for Roth and Traditional contributions...
by DSInvestor
Fri Jun 26, 2020 8:26 pm
Forum: Personal Consumer Issues
Topic: iPhone - puzzling problem
Replies: 13
Views: 1156

Re: iPhone - puzzling problem

What phone case, if any, are you using on each phone? If you are using a phone case, maybe try taking the phone out of the case to see if that makes any difference. Does it work better if you plug in the headphones into the phone or use bluetooth headset?
by DSInvestor
Fri Jun 19, 2020 11:41 am
Forum: Personal Investments
Topic: How often to contribute to Roth?
Replies: 38
Views: 1829

Re: How often to contribute to Roth?

For those who are not able to lump sum invest, you can de-couple the contribution from the investment. 25 years ago, I used to contribute to SEP-IRA which has larger contribution limit than Roth IRA or Traditional IRA. I'd contribute to SEP-IRA into a money market fund inside the SEP-IRA. The contri...
by DSInvestor
Fri Jun 19, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Fire Pits: Solo Stove vs. Breeo
Replies: 20
Views: 1598

Re: Fire Pits: Solo Stove vs. Breeo

We have the Solo Stove, I think it's the Bonfire size. Burns very hot, little smoke, and almost no ash at the end. I would say the heat is more vertical than horizontal, so you may sit a little closer than expected. We have it on our deck, works great. worried about the deck too. we have Azec/Trex ...
by DSInvestor
Sat Jun 13, 2020 5:00 pm
Forum: Personal Investments
Topic: 401K At work and traditional IRA
Replies: 13
Views: 486

Re: 401K At work and traditional IRA

It depends on your salary, but it sounds like in your case, the answer is no, you can't make a deductible contribution to your IRA. How much you contribute to the 401k is completely irrelevant to your IRA, just the fact that you have a 401k available to you. so which is true?.. Post #2 or Post #3?....
by DSInvestor
Thu Jun 11, 2020 5:52 pm
Forum: Personal Consumer Issues
Topic: Best car between $15,000 and $20,000?
Replies: 29
Views: 2599

Re: Best car between $15,000 and $20,000?

Toyota Corolla or Honda Civic.
Used Toyota Camry or Honda Accord
If you like the outdoors and like to camp or hike and drive up forest service roads, a used Subaru Outback.
by DSInvestor
Wed Jun 10, 2020 2:55 pm
Forum: Personal Consumer Issues
Topic: I think I need a new computer
Replies: 135
Views: 7093

Re: I think I need a new computer

I agree with other posters that an upgrade to SSD may be all that is needed. In fact I just did this with a laptop that was much much older. Intel Core 2 Duo CPU, 4GB RAM, 500GB HD running windows 10 (upgraded from original windows 8). Everything was slow, glacially slow. I cloned the hard drive to ...
by DSInvestor
Tue Jun 09, 2020 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Next Steps After Blown AC Units
Replies: 15
Views: 1031

Re: Next Steps After Blown AC Units

I think E-Fund should be top priority. If you or your spouse were to lose your job or have something else expensive happen at your house, you'd be happy to have it. Accelerating car loan doesn't improve cash flow unless you pay it off entirely. How long would this take? If this is a high interest lo...
by DSInvestor
Tue Jun 02, 2020 10:47 am
Forum: Personal Investments
Topic: How to apply capital gains with W2 income
Replies: 18
Views: 1161

Re: How to apply capital gains with W2 income

Tax brackets are based on Taxable Income which is Adjusted Gross Income - deductions. For married filing jointly, standard deduction is $24,800 for 2020 tax year. So if you had 78,000 W-2 income (box 1) as your online income, your AGI is 78K but taxable income is 55,200. Note that while your gross i...
by DSInvestor
Tue Jun 02, 2020 9:48 am
Forum: Personal Investments
Topic: Mortgage prepayments
Replies: 26
Views: 1659

Re: Mortgage prepayments

I didn't consider bond yields or equity valuations when I decided to accelerate mortgage payments. However I did make sure to max out all tax advantaged options 401k/solo 401k, Roth IRA, invest in taxable and add extra mortgage principal payment to my mortgage autopay. Your tax situation may be such...
by DSInvestor
Sun May 31, 2020 2:46 pm
Forum: Personal Consumer Issues
Topic: Double Play (Internet and TV)
Replies: 28
Views: 1207

Re: Double Play (Internet and TV)

The most cost-effective option (and what I do) would be to do internet-only (I pay Xfinity/Comcast $45/month) and just watch free network TV and Netflix. I agree. I pay comcast $40/month and I get 70Mbps download speeds with no cable TV service. Pick the streaming services that best meets your need...
by DSInvestor
Tue May 26, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: Tax Gain Harvesting – how do you time your stock sales?
Replies: 12
Views: 442

Re: Tax Gain Harvesting – how do you time your stock sales?

Do you have any capital loss carryovers? If you do, the capital gain will consume the losses first before they add to your AGI/Taxable Income.
by DSInvestor
Mon May 25, 2020 1:29 pm
Forum: Personal Consumer Issues
Topic: which iPhone?
Replies: 32
Views: 2139

Re: which iPhone?

You should also take a look at iPhone SE. 64GB is $399, 128GB is $449, 256GB $549. iPhone 11 is quite a bit more expensive. 64GB is $699, 128GB is $749, 256GB is $849 iPhone 11 Pro is even more expensive and available in Pro and Pro Max (larger screen). The iPhone 11 pro models have the best camera ...
by DSInvestor
Mon May 25, 2020 11:18 am
Forum: Personal Investments
Topic: Backdoor Roth simple question
Replies: 24
Views: 1300

Re: Backdoor Roth simple question

For example, could a self employed person max out their individual 401K with $57,000 and then convert it ALL to a Roth immediately thereafter? I think the Individual 401k plans will not allow for immediate roth conversion unless your plan has a in plan conversion feature. If no in-plan conversion f...
by DSInvestor
Sat May 23, 2020 9:34 pm
Forum: Personal Consumer Issues
Topic: What phone to buy after iPhone 7 Plus
Replies: 38
Views: 3218

Re: What phone to buy after iPhone 7 Plus

iPhone SE has no notch but I don't think there is a plus size. It is the same size as the iPhone 7 and 8.
by DSInvestor
Sat May 23, 2020 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 5229

Re: What do people spend money on?

Maybe you can use financial resources to help others. If you have any free time, maybe volunteer for causes that you're passionate about. Give back. You may find this to be really rewarding. For example, I live in Washington state and we have a great organization called Washington Trails Association...
by DSInvestor
Sat May 23, 2020 5:17 pm
Forum: Personal Investments
Topic: How to rebalance in retirement? Various options. Advice needed.
Replies: 15
Views: 1302

Re: How to rebalance in retirement? Various options. Advice needed.

Are you receiving any income in retirement other than the income generated by your portfolio? If not and you're withdrawing from the portfolio, you should look for the most tax efficient way to withdraw from the portfolio in a manner that also rebalances the portfolio (i.e. take dividends first, the...
by DSInvestor
Sat May 23, 2020 4:41 pm
Forum: Personal Investments
Topic: How to rebalance in retirement? Various options. Advice needed.
Replies: 15
Views: 1302

Re: How to rebalance in retirement? Various options. Advice needed.

Are you saying that since I am at 60:40 you would let things be and not sell shares to rebalance? There is 60/40 stock/bond which measures just the stocks vs bonds. If you view the portfolio this way, you may be good. However a 60/40 stock/bond could be viewed as also as 30% US large cap, 10% US sm...
by DSInvestor
Sat May 23, 2020 2:36 pm
Forum: Personal Investments
Topic: How to rebalance in retirement? Various options. Advice needed.
Replies: 15
Views: 1302

Re: How to rebalance in retirement? Various options. Advice needed.

Collect all dividend distributions from the taxable account rather than reinvest, then direct them to the asset classes that are below target. This would reduce the need to sell shares which would reduce the realized capital gains. Large cap index and FTSE All world funds tend to distribute dividend...
by DSInvestor
Sat May 23, 2020 11:06 am
Forum: Personal Investments
Topic: Backdoor Roth simple question
Replies: 24
Views: 1300

Re: Backdoor Roth simple question

People who consider backdoor into Roth IRA do so because their income is too high to be eligible for direct Roth IRA contributions. IRA contributions to Roth IRA are after tax. Contributions to Traditional IRA can be pre-tax or after-tax depending on your tax circumstances. The rules for IRA deducti...
by DSInvestor
Fri May 22, 2020 9:45 am
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6917

Re: [Auto insurance companies issuing refunds due to coronavirus]

My recent renewal with GEICO received the 15% discount for the 6 month policy.
by DSInvestor
Thu May 21, 2020 11:32 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3634

Re: Do you dislike recurring billing for gyms?

I dislike gyms. I don't have a problem with recurring or auto pay. I find them quite convenient.
by DSInvestor
Thu May 21, 2020 11:25 am
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 29
Views: 1550

Re: Does Capital one send emails when their interest rate decreases?

If you are able to pay your balance in full every month, you have a grace period and will not be charged any interest. I have been fortunate to have been able to do this for 35+ years and I have never paid attention to the interest rates charged by my card. I do pay attention to other fees like fore...
by DSInvestor
Mon May 18, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: Dividend vs Total Return question
Replies: 66
Views: 2926

Re: Dividend vs Total Return question

If OP is looking at Vanguard Equity income VEIPX, it does not distribute dividends monthly and distributions may be uneven. I think only bond funds and MMFs distribute monthly. VEIPX seems to distribute dividends quarterly with some capital gains distributions also which the total stock fund would n...
by DSInvestor
Sun May 17, 2020 12:30 am
Forum: Personal Consumer Issues
Topic: June vacation
Replies: 29
Views: 3900

Re: June vacation

Government of Canada site on Canada COVID-19 travel restrictions:
https://www.canada.ca/en/public-health/ ... dvice.html

Towards the end of the page is a section for US/Canada border and foreign nationals and non-residents.
by DSInvestor
Tue May 05, 2020 12:28 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6566

Re: Best BBQ for the money?

Most if not all of the Weber Q models use small, expensive propane cylinders, not the cheap standard 20lb ones You can use 20lb propane tank with the smaller Q models if you use a propane adapter hose like these: Weber: https://www.weber.com/US/en/accessories/care/gas-grill-replacement-parts/6501.h...
by DSInvestor
Tue May 05, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: New laptop/desktop for [Work From Home]?
Replies: 58
Views: 4180

Re: New laptop/desktop for [Work From Home]?

Many of the lighter laptops may not include an ethernet port. If your work from home may require taking credit card numbers from clients/customers, be aware that for PCI compliance, there may be requirements to use an ethernet connection rather than WiFi. If the ethernet connection is required and t...
by DSInvestor
Tue May 05, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Stay employee and take a pay cut or go to contractor?
Replies: 13
Views: 815

Re: Stay employee and take a pay cut or go to contractor?

I think staying employees is probably a better bet. Under normal circumstances, I'd consider contractor if the contractor compensation was 2X the employee compensation. While you'd lose 20K to stay employees, one of you switching to to contractor loses 7.65% due to employer side of social security/m...
by DSInvestor
Sun May 03, 2020 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Online bill pay service with Citi Double Cash
Replies: 13
Views: 980

Re: Online bill pay service with Citi Double Cash

edited: Sorry, I misunderstood your OP.
by DSInvestor
Sat May 02, 2020 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Reversing our IRA contribution for 2019
Replies: 6
Views: 367

Re: Reversing our IRA contribution for 2019

IMO you shouldn't keep the non-deductible IRA contribution as that introduces IRA basis into her IRA which will need to be tracked forever. Assuming she's eligible for Roth IRA contribution, she should recharacterize her 2019 Traditional IRA contribution to a 2019 Roth IRA contribution. This would m...
by DSInvestor
Sat May 02, 2020 9:52 am
Forum: Personal Consumer Issues
Topic: So what are you cooking
Replies: 297
Views: 18660

Re: So what are you cooking

This was a great recipe from Christopher Kimball's Milk Street - Chinese White-Cooked Chicken with Ginger-soy dressing: https://www.177milkstreet.com/recipes/chinese-poached-chicken We've made this several times. We didn't have sherry or mirin so we substituted in some chardonnay. Super tasty and ea...
by DSInvestor
Thu Apr 23, 2020 11:53 pm
Forum: Personal Consumer Issues
Topic: Coffee Experts - Help with an online coffee order
Replies: 44
Views: 3700

Re: Coffee Experts - Help with an online coffee order

Take a look at Stumptown coffee. These are whole beans. I'd recommend getting a grinder. We love their Hairbender but it's not organic. https://www.stumptowncoffee.com/products/hair-bender They have an organic dark roast French Roast. https://www.stumptowncoffee.com/products/french-roast Their organ...
by DSInvestor
Thu Apr 23, 2020 1:01 pm
Forum: Personal Investments
Topic: True tax advantage of Vanguard funds over Fidelity?
Replies: 29
Views: 1882

Re: True tax advantage of Vanguard funds over Fidelity?

Thanks for this! Will start running numbers. Yes, I guess aversion to ETFs is probably just fear of the unknown and interest in maximizing simplicity. Of course with ETFs, I suspect you really lose the tax advantage of Vanguard over Fidelity and might as well go Fidelity. (Would have to review diff...
by DSInvestor
Thu Apr 23, 2020 12:21 pm
Forum: Personal Investments
Topic: True tax advantage of Vanguard funds over Fidelity?
Replies: 29
Views: 1882

Re: True tax advantage of Vanguard funds over Fidelity?

What's the problem with buying VTI at Fidelity? You get the best of both world's that way. What is there to learn? Genuinely interested. Is it just the fear of the unknown? BTW, Fidelity now allows ETF dollar investing in addition to purchasing whole shares, so there really is no benefit of MF over...
by DSInvestor
Thu Apr 23, 2020 11:53 am
Forum: Personal Investments
Topic: True tax advantage of Vanguard funds over Fidelity?
Replies: 29
Views: 1882

Re: True tax advantage of Vanguard funds over Fidelity?

Fidelity's distribution page for FSKAX: https://fundresearch.fidelity.com/mutual-funds/fees-and-prices/315911693?type=sq-NavBar The vanguard fund hasn't had capital gains distributions. The fidelity fund has capital gains distributions. Take the cap gain distribution payments listed in $/share and m...
by DSInvestor
Tue Apr 21, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth on Personal taxes
Replies: 9
Views: 490

Re: Backdoor Roth on Personal taxes

Thanks! Pls see below: 1) What did you do? -Did you make a 2019 IRA contribution and convert it to Roth IRA in the calendar 2019? >> Yes -Did you make a 2018 IRA contribution in calendar 2019 and also convert that to Roth in calendar 2019? >>Yes 2)Were your Traditional IRA contributions deductible ...
by DSInvestor
Tue Apr 21, 2020 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth on Personal taxes
Replies: 9
Views: 490

Re: Backdoor Roth on Personal taxes

More information is required. 1) What did you do? -Did you make a 2019 IRA contribution and convert to Roth IRA in calendar 2019? -Did you make a 2018 IRA contribution in calendar 2019 and also convert that to Roth in calendar 2019? 2) Were your Traditional IRA contributions deductible or non-deduct...
by DSInvestor
Fri Apr 17, 2020 3:51 pm
Forum: Personal Investments
Topic: Frequent trading restriction and Auto investments
Replies: 8
Views: 432

Re: Frequent trading restriction and Auto investments

Look in the prospectus for your fund for details on frequent trading limitations. That's different than the frequent trading restriction that the OP is talking about. What you are talking about is a fee (1%?) for a specific fund for selling within 90 days or so. That is a short-term trading fee and...
by DSInvestor
Thu Apr 16, 2020 8:56 pm
Forum: Personal Investments
Topic: Frequent trading restriction and Auto investments
Replies: 8
Views: 432

Re: Frequent trading restriction and Auto investments

Look in the prospectus for your fund for details on frequent trading limitations.
by DSInvestor
Thu Apr 16, 2020 8:22 pm
Forum: Personal Investments
Topic: Frequent trading restriction and Auto investments
Replies: 8
Views: 432

Re: Frequent trading restriction and Auto investments

Yes you can. I have used automatic buy/exchange transaction to buy a fund with restriction in effect. I have used an automatic transaction to sell a fund and avoid triggering an automatic transaction. The automatic sell transactions that I've done were in tax advantaged accounts and there was no nee...
by DSInvestor
Thu Apr 16, 2020 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: [Auto insurance companies issuing refunds due to coronavirus]
Replies: 101
Views: 6917

Re: [Auto insurance companies issuing refunds due to coronavirus]

Sheepdog wrote:
Thu Apr 16, 2020 3:39 pm
VERY interesting. I received my auto insurance billing today (The Hartford) and it went UP 15%, same car!!! They will receive a call tomorrow
Maybe you should call GEICO also.
by DSInvestor
Thu Apr 16, 2020 3:07 pm
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14600

Re: Apple Released a New Low-cost Iphone

I still have an iPhone 6 with an Apple replacement battery that requires multiple chargings per day. Reading about the SE2 has caused me to reconsider waiting for the 12 to come out later this year. From what I read, other than camera differences and no facial unlock feature, neither of which are i...