Search found 457 matches

by danaht
Sat Apr 07, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help Transfer Index Fund from Fidelity To Vanguard
Replies: 13
Views: 1020

Re: Help Transfer Index Fund from Fidelity To Vanguard

Sorry to disappoint, but you'll have to sell the funds (FSTVX?) for the equivalent VG VTSAX and that will trigger capital gains. You may be able to hold Fidelity in VG however my impression is you want to go all Vanguard funds. That's why I no longer buy non-Vanguard mutual funds in taxable account...
by danaht
Sat Apr 07, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4463

Re: What is Megacorp?

I would consider most large cap companies mega corps. Usually these have large HR departments, and a large bureaucracy.
by danaht
Sat Apr 07, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3052

Re: Large Single Stock Position - Can't Sell - Retirement Account

Count it as part of your stock equity. Vanguard will even classify it for you as small cap / medium cap / large cap and the type of sector (real estate, energy, technology, retail, etc) Everyone who holds the S & P 500 index is already overweight with Apple, and other fang stocks - so it's just one ...
by danaht
Fri Apr 06, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I invest in an HSA even though I don't go to the hospital much?
Replies: 18
Views: 1708

Re: Should I invest in an HSA even though I don't go to the hospital much?

You definitely should save in a HSA. (if you are eligible to do so). Even if you stay healthy and never use it - you can still withdraw the money as if it were a traditional IRA later. But chances are - your medical expenses will be your biggest expense when you get older. Using a HSA to pay for med...
by danaht
Sun Apr 01, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Neighbor recently burglarized- Suggestions for home security
Replies: 101
Views: 8614

Re: Neighbor recently burglarized- Suggestions for home security

I find that having a big dog that stays in the house most of the time helpful. Any big dog will work. Even a big friendly golden retriever with a loud bark will deter a lot of potential thieves. Of course you should like dogs before you get one.
by danaht
Sun Apr 01, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Comparison of grocery prices?
Replies: 47
Views: 3634

Re: Comparison of grocery prices?

I pick up items in different places usually - (because I like different items at Target / Kroger / Walmart / Aldis / Sprouts) - everything is in Dallas / Fort Worth This is what I usually get every week: Target 1 gallon milk - $1.98 32 oz "light" non fat vanilla yogurt - $1.79 organic celery stalk -...
by danaht
Sun Mar 25, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: ROTH Conversion and 1040ES estimated tax
Replies: 14
Views: 814

Re: ROTH Conversion and 1040ES estimated tax

The easy way to take care of estimated taxes if your employed - just increase the withholding from your pay checks. You can usually tell your employer you want to issue a new W4 and have them take out an extra $500 per period. Of course this only works if you did the conversion in the early part of ...
by danaht
Sun Mar 25, 2018 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?
Replies: 89
Views: 8108

Re: Merrill Edge sold my ETFs without my consent, SEC, FINRA, CFPB?

Sorry about Merrill Edge/Bank Of America closing your accounts. If I ever get a letter that one of my accounts is being closed - I would probably transfer all my accounts with that provider (not just one). So next time - close (or transfer) all your accounts before they do! Also you might consider c...
by danaht
Thu Mar 22, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k As Strategy For Backdoor Roth
Replies: 2
Views: 273

Re: Solo 401k As Strategy For Backdoor Roth

[*]Finally, fully understand the Form 5500-EZ reporting requirements. You are required to file the form when the year-end balance exceeds $250K. Such as when you rollover a large IRA balance that came from a 401k. The filing date for this is 07/31 of the following year and has nothing to do with yo...
by danaht
Wed Mar 21, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: Job Expenses for contract job. Should I take W2 or 1099
Replies: 24
Views: 1314

Re: Job Expenses for contract job. Should I take W2 or 1099

Three big advantages for 1099: 1) 1099 gives you the ability to put more money in a solo 401k or SEP 2) 1099 gives you the ability to deduct your healthcare premiums (if you do not qualify for a subsidy) 3) Self employed can "expense" some business expenses which will reduce your taxes. 1099 disadva...
by danaht
Tue Mar 06, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Benefit of after tax 401k contribution?
Replies: 14
Views: 1187

Re: Benefit of after tax 401k contribution?

When you leave your employer - you can usually rollover the after tax contributions to a Roth, and all the earnings it generated to a rollover IRA. So - it's a huge benefit. I wish I had this option in my 401k!
by danaht
Sun Mar 04, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Best way to short the equity market
Replies: 93
Views: 5058

Re: Best way to short the equity market

You can always open a margin account and open a short-sell order for an ETF like VOO, or VTI. I would not recommend this - you will probably lose an unlimited amount of money!
by danaht
Sun Mar 04, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: Lost My Way - Advice Needed
Replies: 44
Views: 4689

Re: Lost My Way - Advice Needed

Hang on a second. Some folks are suggesting that you should take the loss and start over. I wouldn't be so quick to do that, personally. If I'm reading correctly, you managed to create a $75K portfolio in 4 years flat. You're about 31 years old, so your time horizon is long and your best earning ye...
by danaht
Mon Feb 26, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Shifting from Roth to Traditional worth it ?
Replies: 11
Views: 953

Re: Shifting from Roth to Traditional worth it ?

At 28 and with the new lower income brackets - I would still focus on the Roth. Every dollar that goes into a roth is more powerful than the same dollar that goes into a traditional IRA.
by danaht
Mon Feb 26, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: 2018 Toyota Yaris
Replies: 13
Views: 1112

Re: 2018 Toyota Yaris

I am a former owner of a 2008 Toyota Yaris. The Yaris in general is a great car. But I have some issues with the 2018 version that would prevent me from buying one (ranked by most important factor first): 1) There is no manual drive configuration - only automatic is widely available. note: you can g...
by danaht
Sat Feb 24, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 6317

Re: Sams Club vs Costco

Both are great. I prefer Sam's Club only because it's much closer. Sometimes Walmart, Target, and and even Kroger are cheaper than both Sam's Club and Costco. For instance, a gallon of milk is usually a lot more expensive at both Costco and Sam's Club than it is at my local Walmart. Just because it'...
by danaht
Sun Feb 18, 2018 12:17 pm
Forum: Personal Consumer Issues
Topic: Amazon Alternative
Replies: 59
Views: 6017

Re: Amazon Alternative

I try avoid Amazon like the plague. First of all, my own personal solution to almost any shopping question is that I don’t need it. But if I actually do need it, lately, I find myself ordering electronics at Best Buy or sometimes Staples and having items delivered to a nearby store for pick up. I p...
by danaht
Fri Feb 16, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: USAA 41% More For Car Insurance
Replies: 43
Views: 2723

Re: USAA 41% More For Car Insurance

USAA is not usually the cheapest -but I found they usually take care of you a lot better than other companies do when something does go wrong.
by danaht
Thu Feb 15, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: New reduced rate on REIT Dividends
Replies: 18
Views: 3092

Re: New reduced rate on REIT Dividends

A lot of people claim that REITs are still tax inefficient - even with the 20% deduction. I disagree with that. If you are buying a REIT to get income - then I don't consider the higher dividend payment as a tax inefficiency. Also, the new 20% deduction makes the dividend comparable to a qualified d...
by danaht
Sun Feb 11, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Convert to Roth IRA now or wait?
Replies: 6
Views: 450

Re: Convert to Roth IRA now or wait?

You don't have to convert it all. If you don't plan to use a backdoor Roth contribution in the future - you can rollover your 401k to a Rollover IRA at Fidelity. When it's in the Rollover IRA at Fidelity- you can then later convert a partial amount of your account to a Roth IRA using the Fidelity we...
by danaht
Tue Feb 06, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: Cheap cell phone plans
Replies: 48
Views: 3557

Re: Cheap cell phone plans

I use a combination of Tello and Google Voice (with WIFI) to get a ~$0 a month plan. Prepaid plan with Tello costs an initial $10 to $20. Unlike other plans - Tello does not charge any fees per month to renew the pre-paid plan. You just need to make sure you occasionally call someone so that they do...
by danaht
Mon Feb 05, 2018 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course? Edited to Staying the course!
Replies: 22
Views: 2284

Re: Stay the course?

If your investing for the long term - do nothing, or add a little on days the market goes down might be the best advice. But most importantly - just keep adding on a regular schedule.
by danaht
Sun Feb 04, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software Recommendations
Replies: 28
Views: 1988

Re: Tax Software Recommendations

Both HR Tax Cut, and Turbo Tax are great. But - use Turbo Tax for anyone who owns a MLP stock (or any publicly traded partnership). As HR Tax Cut does not yet support this. I also recommend buying the physical CD for anyone needing to buy Turbo Tax - since there are more limitations on what you can ...
by danaht
Sun Feb 04, 2018 8:22 am
Forum: Investing - Theory, News & General
Topic: Amazon Stock - Can this giant be stopped?
Replies: 66
Views: 4197

Re: Amazon Stock - Can this giant be stopped?

If Amazon tries to buy Target - then I think the government might try to stop that. Otherwise - it probably won't be stopped for a while. I threw up a little when I read that prediction. I somewhat agree with the prediction. I think Amazon needs more brick and mortar space to compete with Walmart. ...
by danaht
Sat Feb 03, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: Amazon Stock - Can this giant be stopped?
Replies: 66
Views: 4197

Re: Amazon Stock - Can this giant be stopped?

If Amazon tries to buy Target - then I think the government might try to stop that. Otherwise - it probably won't be stopped for a while.
by danaht
Mon Jan 29, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 16640

Re: Dear wife quits job and now we are down to 1 income

You can probably get that $700 deficit down a lot more: 1) Cable can be cut to $0 (or cost as little as $39 a month if you get something like You Tube TV. 2) Your cell phone bills can be as low as $1 (using prepaid) to $10 a month (low cost plan) with Tello (uses Sprint network) 3) Your wife will pr...
by danaht
Sun Jan 28, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 193
Views: 28768

Re: How to Minimize Your Emergency Care Expenses

Good post. Thanks for the information. I would probably add to make sure you get insurance with the widest "in-network" provider list possible. Make sure all your local hospitals are listed as in-network. Also, make sure that your insurance pays for and has a deductible and maximum out of pocket cos...
by danaht
Mon Jan 22, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Which brokerage for individual 401k?
Replies: 18
Views: 882

Re: Which brokerage for individual 401k?

Schwab is an excellent choice for an individual 401k. Someone mentioned that you can not DRIP ETFs - but that is incorrect. Most of my ETFs in my Schwab i401k have had dividend reinvestment enabled. You should be able to DRIP most stocks, and ETFs. Schwab also has excellent commission free ETFs and ...
by danaht
Sun Jan 14, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 39
Views: 5034

Re: Merrill Edge best choice for higher net worth accounts?

I would go with a Merrill Edge / Fidelity combination. Transfer at least $100,000 of stocks/ETFs in Merrill Edge to get the Platinum Honors rewards. (this allows the great credit card rewards, and the 100 free trades a month). Transfer the rest in Fidelity because: 1) Fidelity has great customer ser...
by danaht
Sun Jan 14, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1907

Re: mlp's Master Limited Partnerships

If you bought a MLP - you would probably regret it. It will really complicate your taxes since these are reported on a K1 - and are tricky to enter. And if you don't do your taxes yourself - your accountant will probably charge more money for the extra complication. Also, HR Tax Cut does not suppor...
by danaht
Sat Jan 13, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1907

Re: mlp's Master Limited Partnerships

If you bought a MLP - you would probably regret it. It will really complicate your taxes since these are reported on a K1 - and are tricky to enter. And if you don't do your taxes yourself - your accountant will probably charge more money for the extra complication. Also, HR Tax Cut does not support...
by danaht
Sat Dec 02, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA custodian for my situation
Replies: 13
Views: 1622

Re: Best HSA custodian for my situation

+1 for HSA Bank. There are no fees at HSA Bank - if you hold ~$6000 in the HSA Bank savings account. I hold this amount as part of an emergency fund - and then invest the rest in TD Ameritrade commission free ETFs.
by danaht
Sat Dec 02, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: Electric Car (Nissan Leaf) for a teen driver?
Replies: 43
Views: 3489

Re: Electric Car (Nissan Leaf) for a teen driver?

My team member at work had a Nissan Leaf from around 2012. He said it had problems keeping a charge after a couple years of ownership. I think you would be better off getting a used cheap regular gas car.
by danaht
Sun Nov 26, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Which BoA Credit Card to use?
Replies: 24
Views: 2070

Re: Which BoA Credit Card to use?

To maximize your rewards - you should use both the B of A Travel Rewards and Cash Back cards. 1) Use the cash back card for gas, groceries, wholesale and department stores 2) Use the travel rewards card for travel, and everything else that you did not use on #1 - (or use on everything if you reached...
by danaht
Sun Nov 26, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Trying to avoid ACA Subsidy failure!
Replies: 19
Views: 2251

Re: Trying to avoid ACA Subsidy failure!

Just got a clarification - I guess - from BCBS - Plan 201 will not qualify cuz 2018 Out of pocket will be $6550 rather than the necessary $6650. Reconsideration for Plan 204 where out of pocket will be $7350 and therefore appears to be ok. This may mean I can continue to contribute to the HSA and r...
by danaht
Sat Nov 25, 2017 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to avoid ACA Subsidy failure!
Replies: 19
Views: 2251

Re: Trying to avoid ACA Subsidy failure!

Here in Tarrant County, TX - there is still one plan available from Blue Cross Blue Shield that is HSA eligible. It's Blue Advantage Plus Bronze 201. It's one of the most expensive bronze plans available - so make sure you browse all plans available to you. It's kind of sad - because I think there a...
by danaht
Sat Nov 25, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: Target Pre-pay phones on Thanksgiving in store issues
Replies: 13
Views: 1369

Re: Target Pre-pay phones on Thanksgiving in store issues

If you can - try to buy the phone online and pick it up later. I guess there were a few items on Target's black Friday add that were "in-store" only. Perhaps this phone was one of those items. I did all my Target Black Friday shopping online this year - and picked up the items later. Did not deal wi...
by danaht
Fri Nov 24, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: if you could use only 1 investment firm...
Replies: 79
Views: 5528

Re: if you could use only 1 investment firm...

Fidelity would be my choice. Fidelity has 1) great solo 401k (although I am using Schwab for solo - but could switch to Fidelity some day) 2) really good customer service 3) has a great commission free ETF selection 4) has a great low cost mutual fund index selection 5) has physical locations where ...
by danaht
Thu Nov 23, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: Replace TVs with Smart Tvs or not?
Replies: 57
Views: 4853

Re: Replace TVs with Smart Tvs or not?

I currently have a 5 year old 1080P 60" Visio LCD TV that works great with a Chromecast device. I am also not going to upgrading yet. I am waiting for OLED technology to become widely available in 60+" TVs. Hopefully this will happen in the next few years. Then I'll upgrade to OLED (and hopefully 4K...
by danaht
Thu Nov 23, 2017 3:45 pm
Forum: Investing - Theory, News & General
Topic: Jim Cramer doesn’t beat the market
Replies: 96
Views: 14427

Re: Jim Cramer doesn’t beat the market

Definitely should be watched for entertainment purposes only. I think he also has some good advice as well as bad advice. The good advice that most bogleheads would probably agree with: 1) He believes that the majority of investments should be in index funds - and not individual stocks. He only reco...
by danaht
Thu Nov 23, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Beware Amazon Price Gouging
Replies: 74
Views: 9819

Re: Beware Amazon Price Gouging

I now tend to only use Amazon for the hard to find items that I can not buy locally. Amazon's prices are not as good as they once were in the past. Also, before buying anything it's always good to do a price comparison. The easiest way to compare prices is usually just to use the Google search - and...
by danaht
Sat Nov 11, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: DIY vs work extra and pay a pro
Replies: 37
Views: 3203

Re: DIY vs work extra and pay a pro

If it's dangerous - like getting on a tall ladder - that is a good reason to let the pros do it. Otherwise - I like to do it myself. But I am also limited to 40 hours a week - so I can't easily make up for it at work like you can. Also, you may have to deal with 1099s at tax time if you have a reall...
by danaht
Sat Nov 11, 2017 9:13 am
Forum: Investing - Help with Personal Investments
Topic: Losing HSA eligibility. Choosing a good alternative
Replies: 8
Views: 871

Re: Losing HSA eligibility. Choosing a good alternative

Since you don't work - you could: 1) Start your own business doing something part time (just enough to make a little money) 2) Open up a solo 401k that allows a transfer- start contributing to it with some of the income from #1 3) Transfer - roll-over your pre-tax IRAs to the solo 401k Then you are ...
by danaht
Fri Nov 10, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Individual Stocks
Replies: 22
Views: 2008

Re: Individual Stocks

Thanks! Any thoughts on Dividend Aristocrats? Yeah. My thoughts are that they aren't very different from the rest of the stock market. That is probably because the largest stocks in the S&P 500 are all mostly dividend aristocrats - except for a few companies like GE (cut dividend in 2009), and BRK ...
by danaht
Sat Oct 28, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Early-retired 35 year old with $1 million
Replies: 198
Views: 20842

Re: Early-retired 35 year old with $1 million

A $400,000 home seems like it could be a lot of money for maintenance, insurance, and real estate taxes. You can probably retire at 35 with a million dollars - but you might need to downsize that home if you want to stay retired. Besides income and payroll taxes, my home (~$270,000 in value) is my b...
by danaht
Mon Oct 23, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13939

Re: new 401(k) limits announced

Glad 401k limit was increased. But, it's also a little disappointing that the Roth IRA contribution limit stayed at $5500 - it has been at that level since 2013.
by danaht
Sun Oct 22, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Royal Dutch Shell Scrip Dividend Program(me)
Replies: 2
Views: 400

Re: Royal Dutch Shell Scrip Dividend Program(me)

It's common for the Scrip program to get discontinued and restarted based on the oil cycle. Usually in downturns - like right now - Shell likes to have the Scrip program activated - so it can conserve cash and pay the dividend in stock rather than cash. So my guess is that the Scrip program will tem...
by danaht
Sun Oct 22, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: HSA taxation in Calif
Replies: 21
Views: 2150

Re: HSA taxation in Calif

If I ever decide to move to CA or another state that does not recognize HSA accounts - I hope I can do one thing the year before the move: Sell all my ETF positions in my HSA with capital gains and re-buy the same or similar ETFs. This way the HSA capital gains would be locked in with the previous s...
by danaht
Thu Oct 19, 2017 7:04 am
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 60
Views: 10728

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

Do you not have a no fee option? I've got HSA Bank and TDA, and if my HSA Bank balance is $5k or higher, there are no monthly fees. I don't think it's worth saving $5.50 a month to park $5,000 instead of investing it, right? If you treat the cash as a bond instrument why not? My TDA account is 100%...
by danaht
Tue Oct 17, 2017 8:08 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 549
Views: 59736

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

.. That said, my big complaints are: 1) Some of these (e.g., USRT v. VNQ) have historically under-performed the comparable Vanguard fund over a ~5-10 year period. .. I think USRT will start outperforming VNQ soon. reason: Vanguard is changing VNQ's index to include infrastructure REITs like AMT (Am...