Search found 231 matches

by Hulk
Mon Dec 03, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 535
Views: 54420

Re: What frugal thing did you do today?

Ate breakfast for about 27c. Bob's Red Mill organic steel cut oats from costco. (not taking into consideration the cost to purchase and boil water, the dash of salt I added, the pot I used to boil, the soap and cloth I used to clean the pot etc. Nor the opportunity cost in shopping for, preparing an...
by Hulk
Mon Dec 03, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: Older Dads - how do you plan for your own retirement while still raising kids?
Replies: 38
Views: 5073

Re: Older Dads - how do you plan for your own retirement while still raising kids?

For instance, it sounds like your real question is something like "I'm not sure I can last 10 more years in my job. But I need to do it to support my family in our current location and lifestyle." That's not really a question about saving for retirement per se. It seems like what you need to do is ...
by Hulk
Mon Dec 03, 2018 4:07 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17978

Re: Bogle Sounds a Warning on Index Funds

My first thought is that the article is paywalled. :? Open a private browser and Google the title of the article “Bogle Sounds a Warning on Index Funds” click on link and enjoy. It isn't working for me. I don't know why not. WSJ is pretty serious about its paywall, though. oh really? I was able to ...
by Hulk
Wed Nov 28, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 3906

Re: Electricity bill should be 7% per month of home sq footage.

Thanks for all the great feed back! I had no idea this rule of thumb was so "silly" and terrible. In defense of "insulation man" he was making a generalization for my area, not for the country. And he said there are obviously other factors including age/efficiency of HVAC, pool, quality of windows (...
by Hulk
Wed Nov 28, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 3906

Re: Electricity bill should be 7% per month of home sq footage.

What is the climate like in the summer? How were you running the AC? Do you have any other big energy items? How old is the AC system? I am in a very hot state with long and hot summers often over 100 degrees F. 7% is what I was quoted by the insulation man, maybe he was quoting average rates for m...
by Hulk
Tue Nov 27, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Electricity bill should be 7% per month of home sq footage.
Replies: 66
Views: 3906

Electricity bill should be 7% per month of home sq footage.

Does this sound correct? Bought a house in May (built in 1990) and our electricity bill has been really high, over $500 in July, August and September :shock: . According to this calculation our monthly bill should be about 270/mo or so (3884 sq ft house) I realize there are many other factors; where...
by Hulk
Mon Nov 26, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6481

Re: $724k in debt and I want to buy a home.

Reasons for a house over an apartment: 1) I will work primarily overnight and need to sleep during the day, so a house is advantageous for this. I am a light sleeper. I use ear plugs and a sleep mask. Took some getting use to but works really great. Also melatonin when your circadian rhythm is off....
by Hulk
Sun Oct 28, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: Are you too wealthy for a LIQUID emergency fund?
Replies: 29
Views: 4979

Are you too wealthy for a LIQUID emergency fund?

Hello wise bogle heads, I have kept 6-9 months of expenses liquid for the past 10 years. I am going to drop it to 3 months of living expenses and maybe less. I feel like at at a certain level of wealth, it is not necessary for a liquid emergency fund. Financial emergencies (large ones) boil down to ...
by Hulk
Fri Oct 26, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: short term loss vs long term loss when TLHing
Replies: 2
Views: 206

short term loss vs long term loss when TLHing

Was someone saying that there is a difference when TLH a short term loss and a long term loss? one is more valuable than the other? I am cleaning up my wife's previously actively managed fund and much of the purchases that I could TLH today (from funds with ERs in range of 0.6 - 1.3 :oops: into good...
by Hulk
Fri Oct 26, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Will this create a wash sale?
Replies: 11
Views: 789

Re: Will this create a wash sale?

If you buy more VTSAX in the 30 days after 10/23/2018, then that will create a wash sale, but so what? You can sell VLCAX today and buy VFIAX based on the info you have presented, but it is possible you did not present all the info. What do you mean "so what?" This is all the relevant info for TSM
by Hulk
Fri Oct 26, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Will this create a wash sale?
Replies: 11
Views: 789

Will this create a wash sale?

Bought VTSAX on 10/17/18. Exchanged into VLCAX on 10/23/18. I would like to TLH again today AND buy more. Can I TLH the VLCAX into say VFIAX and also buy more VTSAX ( or more VFIAX if that makes more sense) today without creating a wash sale? Ultimately, I would prefer to exchange everything into VT...
by Hulk
Wed Oct 24, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: VEMAX and FPMAX substantially identical?
Replies: 6
Views: 381

Re: VEMAX and FPMAX substantially identical?

I guess I just feel like it is too easy and one could TLH anything x infinity with so many indexes and brokerages out there. The whole TLH thing just seems like sleight-of-hand, but don't get me wrong, happy to save on taxes. Also, I guess I am afraid I looked up all that info wrong or something.
by Hulk
Wed Oct 24, 2018 8:44 pm
Forum: Investing - Theory, News & General
Topic: VEMAX and FPMAX substantially identical?
Replies: 6
Views: 381

VEMAX and FPMAX substantially identical?

Hello all, With the market taking a dump today, I am looking for a TLH partner for Vanguard's emerging market index fund, VEMAX. Do you think a good partner could be Fidelity's emerging market index fund, FPMAX? Looks like they follow a different index. FPMAX has 1127 holdings with assets of 1.7B an...
by Hulk
Tue Oct 23, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: TLH VTIAX ->VFWAX->80%VTMGX +20%VEMAX. Now what?
Replies: 6
Views: 491

Re: TLH VTIAX ->VFWAX->80%VTMGX +20%VEMAX. Now what?

I guess I could chop VTMGX into 60% VEUSX and 40% VPADX. Thats close. Forget about the other small parts of VTMGX. Man I hope I can TLH all this back to VTIAX in a few weeks, this is getting to be too much
by Hulk
Tue Oct 23, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth IRA problem
Replies: 2
Views: 202

Mega Backdoor Roth IRA problem

I am talking with HR and 403(b) plan provider to try to get the rules changed to allow a mega-backdoor Roth IRA according to the 4 rules spelled out by White coat investor https://www.whitecoatinvestor.com/the-mega-backdoor-roth-ira/#comment-502464 We have gone back and forth a bit but they are unfa...
by Hulk
Tue Oct 23, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: TLH VTIAX ->VFWAX->80%VTMGX +20%VEMAX. Now what?
Replies: 6
Views: 491

TLH VTIAX ->VFWAX->80%VTMGX +20%VEMAX. Now what?

Hey all, Just started my taxable investing career, with somewhat unfortunate timing. I've gone through 2 rounds of THLing now, going from VTIAX to VFWAX to 80%VTMGX and 20%VEMAX. Looks like I would be able to harvest another $1000 in losses today if the market stays down. I cant go back to VTIAX for...
by Hulk
Wed Oct 17, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13285

Re: Help me understand dividends

You are quoting out of context/misinterpreting. You are either trolling or engineering schools don't teach logic anymore. Enlighten me. Really. Every time I get a dividend, the effect on my net worth is 0. Drawing on my knowledge of arithmetic, I conclude that the sum effect of all dividends over t...
by Hulk
Tue Oct 16, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 10069

Re: Larry Swedroe: Prepare For The Bear

aristotelian wrote:
Mon Oct 15, 2018 11:11 am
Too bad he didn't write this article a couple of weeks ago. Could have saved us all a lot of money.
Not all of us. Someone is always on the other side of that transaction. (I am still in the accumulation phase)
by Hulk
Tue Oct 16, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 27
Views: 2176

Re: How much of a dip do you want before you TLH?

What's the advantage of a short term loss vs a long term loss? That it can be used to counter short term gains? Losses offset gains of the same type first before they can be applied the other type, so if you have both short term gains and long term gains, the short term losses are more valuable. On...
by Hulk
Tue Oct 16, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 27
Views: 2176

How much of a dip do you want before you TLH?

TLHed for the first time last week. Thanks to all on this website who have contributed to my education on this. Glad I am able to do it and save money on my taxes, but I have realized it is making my lazy 3 fund portfolio less simple. Worth it, but less simple. Lets say the stock market drops again ...
by Hulk
Mon Oct 15, 2018 4:03 am
Forum: Investing - Theory, News & General
Topic: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TLH
Replies: 15
Views: 1137

Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TLH

I just tax loss harvested for the first time. Bought some VTIAX in August (and 2 other times in 2018) and TLHed last week. Great. But I am unclear on the 30 day rule for a wash sale. It goes forwards and backwards, right? I was fine in my example, I hadn't purchased VTIAX in >30 days. But I am appro...
by Hulk
Sat Oct 13, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Weigh in on our Marital Argument =)-- HCOL edition
Replies: 102
Views: 10570

Re: Weigh in on our Marital Argument =)-- HCOL edition

I'd do just about anything for a shorter commute (and have). 1 or 3 but definitely not 2!! IMO. Look up what makes people happy and a short commute is HIGH on that list. Not being home when the kids are awake is a non starter. Don't even consider that. And as others have mentioned. Hotel hotel hotel...
by Hulk
Fri Oct 12, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Just TLHed for the first time. Should I be happy or sad?
Replies: 6
Views: 897

Just TLHed for the first time. Should I be happy or sad?

Just TLHed for the first time, mostly :D but also :annoyed. Should have done it yesterday (I guess) but better late than never. Thanks white coat investor!

Hulk
by Hulk
Mon Sep 03, 2018 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: House Affordability - Question on standard advice
Replies: 35
Views: 3274

Re: House Affordability - Question on standard advice

We kept our mortgage (not purchase price) at 2x our income. Still save 20% for retirement and have money to do the things we want to do, which is the whole point of the question right.
by Hulk
Fri Aug 31, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Lime wash vs Mortar wash (german schmear), experience anyone?
Replies: 2
Views: 456

Lime wash vs Mortar wash (german schmear), experience anyone?

Dear wise bogleheads, We are considering updating our home a bit and a high priority for my wife :annoyed is to "paint the brick." Im not in love with the idea but I can tolerate it since she wants to. Fine. But the more I read, I am learning you should never paint brick because then it is no longer...
by Hulk
Thu Aug 30, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Last Will and testament involving very young children and 7 figure estate. What have you done?
Replies: 15
Views: 2166

Last Will and testament involving very young children and 7 figure estate. What have you done?

Hello Wise bogleheads, Doing a bit of spring cleaning with my finances and need to create a will. (yes, I don't have one. Shame on me.) Wondering when an online generic Will is inappropriate. We have a low 7 figure net worth and everything will go to spouse upon my passing, and visa versa. Easy peaz...
by Hulk
Thu Aug 30, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Taxable account cost basis. Specific ID, FIFO or average cost?
Replies: 18
Views: 1308

Taxable account cost basis. Specific ID, FIFO or average cost?

Hello wise bogleheads, What do you guys do for your taxable account cost basis; specific ID, First in First out or average cost and why? Is there a good place to read a discussion on each method and why one would chose one over the other, a pro/con explanation? We will probably continue to contribut...
by Hulk
Wed Aug 29, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12202

Re: How do you 7 figure guys organize multiple accounts?

I attempt a 4 fund portfolio across 5 brokerage companies and 3 banks. Would love to simplify but not so easy Why do you NEED 5 brokerages and 3 banks? Would it be possible to give up one of the brokerage accounts and/or one of the bank accounts? I've contemplated using the Fidelity or Vanguard cas...
by Hulk
Tue Aug 28, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12202

Re: How do you 7 figure guys organize multiple accounts?

I have 8 accounts that I manage in a Google Sheet. Both Google and Excel have functions that let you call up yesterday's closing price for a fund or stock and calculate your balance based on the number of shares you have plugged into a formula. When you reinvest dividends I find that it keeps an ac...
by Hulk
Tue Aug 28, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12202

Re: How do you 7 figure guys organize multiple accounts?

Dear wise bogleheads, What are your thoughts on the security of financial tools to organize your various accounts, such as Personal Capital or Mint? Our money is spread in so many places now (His and her 401ks, old 401ks, IRAs, HSAs, checking, MM, brokerage etc) it is a total pain to log into 10 di...
by Hulk
Tue Aug 28, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12202

Re: How do you 7 figure guys organize multiple accounts?

edge wrote:
Tue Aug 28, 2018 8:43 am
I use a spreadsheet.
Seriously? Thats such a pain. 5 different brokerage companies (with 7 different log ins between 2 spouses) and 3 banks. Blah :oops:
by Hulk
Tue Aug 28, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12202

How do you 7 figure guys organize multiple accounts?

Dear wise bogleheads, What are your thoughts on the security of financial tools to organize your various accounts, such as Personal Capital or Mint? Our money is spread in so many places now (His and her 401ks, old 401ks, IRAs, HSAs, checking, MM, brokerage etc) it is a total pain to log into 10 dif...
by Hulk
Mon Aug 27, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to best evaluate a non-profit
Replies: 3
Views: 367

How to best evaluate a non-profit

Hello all, Do you have any websites or resources you recommend for evaluating the efficiency of a non-profit company you are considering donating to? I'd like to know how well a company does what it claims to do. What percent of revenue is spent towards the stated mission vs how much goes towards st...
by Hulk
Mon Aug 06, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with 401K from an old job?
Replies: 5
Views: 639

Re: What to do with 401K from an old job?

Hi all, I am writing to ask for some advice with regard to my 401K balance when moving to a new job. Per my understanding, you have the following options with regard to what to do: 1. Leave it with the current employer 2. Roll over into the new 401K plan, if the new employer allows this 3. Roll ove...
by Hulk
Mon Aug 06, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is 12.4% SE tax on first $127,200 per business or per tax payer?
Replies: 5
Views: 661

Re: Is 12.4% SE tax on first $127,200 per business or per tax payer?

I'm a bit confused by your situation. Do you have a job and 2 businesses or just two businesses? Is your other 401k (the one you didn't call an i401k) from a business you own or from a job? if you own it, what's the owenrship stake? The 401k situation is dependent on the answers to these questions....
by Hulk
Mon Aug 06, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Is 12.4% SE tax on first $127,200 per business or per tax payer?
Replies: 5
Views: 661

Re: Is 12.4% SE tax on first $127,200 per business or per tax payer?

Schedule SE includes self-employment income from all sources. It is not specific to a single business. See the IRS instructions for the the form. The Social Security wage ceiling is per taxpayer. You should consider hiring an accountant. I have a CPA but we are not seeing eye to eye on several poin...
by Hulk
Mon Aug 06, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Is 12.4% SE tax on first $127,200 per business or per tax payer?
Replies: 5
Views: 661

Is 12.4% SE tax on first $127,200 per business or per tax payer?

Hello, I had 2 businesses in 2017. In business one I made >$127,200 and therefore paid the max SE tax of 12.4% * 127,200 + 2.9% * total profit. In business two I made $1,000. The SE tax due on business two is only $1000 * 0.9235 * 2.9% = $26 and deduction for SE tax $13 on business two, correct? Bec...
by Hulk
Mon Jul 30, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Any CPA recommendations, Houston area?
Replies: 1
Views: 203

Any CPA recommendations, Houston area?

Hello all, I have been going round and round with my CPA and I think it may be time to find another one. Any recommendations in the Houston area? Everything I have learned on Boggleheads and White Coat Investor has been so unbelievably helpful over the past 3 years. However, my CPA is unfamiliar wit...
by Hulk
Wed May 30, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5828

Re: Lawyer instead of buyer's real estate agent worked great!

But if he still gets his 3% it shouldn't be a problem. But I don't want him getting 6% just because I came to the table with no buyer's agent. I want that 3% to reduce MY costs. Generally it works best to use a buyers agent who will take that 3% commission and rebate part of it to you. Otherwise th...
by Hulk
Wed May 30, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5828

Re: Lawyer instead of buyer's real estate agent worked great!

A bit off topic but I have never understood the ethicality of having the buyer's agent paid a commission based the sale price of the home. Reeks of conflicts of interest not altogether different than a commissioned investment broker who gets paid more to put you in more expensive funds. +1! A few m...
by Hulk
Wed May 30, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5828

Re: Lawyer instead of buyer's real estate agent worked great!

I totally agree that the title is misleading. Buying, or Selling, a home without using a real estate attorney is risky. No realtor or broker takes the place of an attorney, and even if one is also an attorney, unless you retain them in that position, they aren't. We were never trying to avoid using...
by Hulk
Wed May 30, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5828

Re: Lawyer instead of buyer's real estate agent. Experience anyone?

I'd say the new thread title is misleading as you ended up using a realtor that simply rebated her commission to you. That is not the same as only using an attorney (in this case, understood that the same person doubled as both). The moral is that anything is negotiable, but it only worked because ...
by Hulk
Wed May 30, 2018 7:42 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5828

Re: Lawyer instead of buyer's real estate agent. Experience anyone?

I am glad it worked out for you. I am curious, how did you find this house without a realtor? Specifically, did you see the house before making a bid? I ask because there are rules around that (which vary by state I believe). You generally cannot go see a house saying you have no agent and then sho...
by Hulk
Mon May 28, 2018 9:38 pm
Forum: Personal Consumer Issues
Topic: Lawyer instead of buyer's real estate agent? Experience anyone?
Replies: 54
Views: 5828

Re: Lawyer instead of buyer's real estate agent. Experience anyone?

Not interested in "customer service" for tens of thousands of dollars! You're not paying for it nor do you have a choice in the matter. The commission is paid by the seller. Well the deal is done and I am sitting in my new home. Thought I would update the thread in case anyone is interested or want...
by Hulk
Fri Apr 20, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 23
Views: 4239

Re: How much off MSRP should one expect?

Vulcan wrote:
Fri Apr 20, 2018 1:46 pm
MSRP is irrelevant. Negotiate down from Invoice +$200.
How do you find the invoice price?
by Hulk
Fri Apr 20, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 23
Views: 4239

How much off MSRP should one expect?

Thanks for all the great responses on used vs. new car! I am leaning new, if nothing else to get me out of this rabid hole time suck!!! Sheesh, I havent been able to get anything done today. Ive seen a range from 0 to 17% off MRSP. What is common? Good deal? etc Also, I noticed some posts mentioning...
by Hulk
Fri Apr 20, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 9438

Do you buy new or used cars?

Just curious what all you responsible, wise bogleheads are doing. My budget for a new car for my wife is about 40K, which is totally arbitrary. I could spend more or less with cash and it really wouldn't change much, just how much more index funds I'll buy this year. I have never bought a new car an...
by Hulk
Sun Apr 15, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Back door Roth IRA, 8606 form conflict with accountant
Replies: 6
Views: 709

Re: Back door Roth IRA, 8606 form conflict with accountant

So I contributed 5500 to my traditional IRA the first week of January 2017, kept it in a money market so no growth. Then a few days later in January 2017 I rolled the entire thing into my Roth IRA. Then a few days later put it in an S&P index fund instead of an MM account. Did nothing else all year...