Search found 1329 matches

by Tamarind
Wed Apr 24, 2019 10:29 am
Forum: Personal Investments
Topic: Close Vanguard and go all in with Fidelity?
Replies: 55
Views: 2160

Re: Close Vanguard and go all in with Fidelity?

For best ROI, move your professionally managed account first.
by Tamarind
Wed Apr 24, 2019 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Examples of financial accounting rules not applicable to personal finance?
Replies: 33
Views: 1033

Re: Examples of financial accounting rules not applicable to personal finance?

acegolfer wrote:
Wed Apr 24, 2019 8:08 am
Tamarind wrote:
Wed Apr 24, 2019 7:47 am
Goodwill accounts. :sharebeer
A case within the context of personal finance will be appreciated.
When you overpay for a house, you don't get to keep the excess payment on your "books" as an asset.
by Tamarind
Wed Apr 24, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: What, if anything, do I owe this guy?
Replies: 74
Views: 6050

Re: What, if anything, do I owe this guy?

Another voice for not meeting with him again. Professional courtesy might suggest that you send him an email letting him know you've changed your mind, but does not require it. You need not respond further to the inevitable plea to explain why you have made a different decision than he wanted to hea...
by Tamarind
Wed Apr 24, 2019 6:27 am
Forum: Personal Investments
Topic: Techniques for doing NOTHING?
Replies: 43
Views: 3596

Re: Techniques for doing NOTHING?

I actually check my investments most days, but I don't feel the need to mess with them. Most of the techniques of mindfulness can be applied to your situation. 1) Good job for having a written investment plan. You are being a good steward of your inheritance! 2) Optionally, consider using an aggrega...
by Tamarind
Tue Apr 23, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Taxes and Marriage
Replies: 5
Views: 466

Re: Taxes and Marriage

If you marry by Dec 31 of a year, you will be considered married for tax purposes for the whole year. There's no need to rush into a decision. You can actually run a couple of draft tax returns either with pen & paper, the TaxCaster website, or your tax software if you have it, to figure out exactly...
by Tamarind
Tue Apr 23, 2019 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Taking the new job or not?
Replies: 24
Views: 966

Re: Taking the new job or not?

I think you should stay. If you haven't been commuting recently, you don't have a fresh reference for just how soul-sucking a long commute is. It's a drain on your wallet and productivity that probably offsets a lot of the extra salary.
by Tamarind
Mon Apr 22, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 436
Views: 29698

Re: How did you feel about your 2018 tax returns?

Between getting married and higher standard deduction, my taxes dropped a LOT. I think our effective rate was something absurd like 9% of actual gross income even though marginal rate was 22%. I'm tempted to say too low. The experience of doing them was about the same as usual, except that I couldn'...
by Tamarind
Mon Apr 22, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Advice for Helping Landlord Parents in Retirement
Replies: 4
Views: 424

Re: Advice for Helping Landlord Parents in Retirement

I don't think there's anything you can do other than continue to work to persuade your mother. She is clearly in command of her faculties so she gets to make her own decisions, even if you don't agree. However you and the other siblings also do not have to cover for your father or take over his work...
by Tamarind
Sun Apr 21, 2019 6:49 am
Forum: Personal Consumer Issues
Topic: corporate conference - seeking help
Replies: 9
Views: 752

Re: corporate conference - seeking help

I go to a MegaCorp conference regularly and my company also puts on one of it's own. While you can provide helpful content and information, you cannot paper over a business decision made elsewhere in the company that......may not be bad, but is probably frustrating to the partners. 1) I would sugges...
by Tamarind
Sat Apr 20, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 14
Views: 1614

Re: Job choice: higher pay or more interesting work?

Just to update, on negotiation it turned out the potential job didn't pay less after all. So I can improve work conditions and keep pay without working more hours. I accepted the new job.
by Tamarind
Fri Apr 19, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3081

Re: The reality of borrowing from your 401k for home mortgage

..., but the lost opportunity cost of saving a large sum of money returning no interest for a long period of time. So invest the money and don't put it in a no interest account. You have no deadline to buy a home. If your investments tank, then delay buying, make a smaller down payment, buy a small...
by Tamarind
Fri Apr 19, 2019 6:32 am
Forum: Investing - Theory, News & General
Topic: In which companies do you own a single share, or token amount, of stock?
Replies: 79
Views: 4413

Re: In which companies do you own a single share, or token amount, of stock?

I have 500 shares of stock in a former employer, a private company, as a result of exercising ISOs. The certificate is in a filling cabinet. I actually wrote a thread as I was deciding whether to exercise and how much. Bogleheads gave me good advice, but the best advice came from my wife, who said "...
by Tamarind
Thu Apr 18, 2019 3:30 pm
Forum: Personal Investments
Topic: 401k help!! Which of these is most similar to VBMFX?
Replies: 23
Views: 602

Re: 401k help!! Which of these is most similar to VBMFX?

You have the pimco total return fund listed twice. Is there another fund that got left out?
by Tamarind
Tue Apr 16, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 14
Views: 1614

Re: Job choice: higher pay or more interesting work?

One factor is how much more money you need (not want) to accumulate for your long term financial goals. Thanks for the anecdote - good to hear about others' results. I can meet my family's long term goals (mortgage finished at 40, FI in 50s) at either job. We're pretty frugal, and the low end of po...
by Tamarind
Tue Apr 16, 2019 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 14
Views: 1614

Re: Job choice: higher pay or more interesting work?

I am.going to disagree with the others. You want to trade a secure job you are use to doing that pays MORE for a more demanding less secure job that MIGHT maybe be more exciting? There would need to be a large potential future income boost for me to consider that trade This is a good question. The ...
by Tamarind
Mon Apr 15, 2019 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Job choice: higher pay or more interesting work?
Replies: 14
Views: 1614

Job choice: higher pay or more interesting work?

I have a choice to make and wondering how you all approach the risk trade-offs of job choice. Current job: pays $x which is enough to max all tax-advantaged accounts and also spend on things like vacations and saving for home renovation, boring and may dull skills edge over time, no overtime needed,...
by Tamarind
Wed Apr 10, 2019 7:10 am
Forum: Personal Investments
Topic: Sell large stock holding and go index fund?
Replies: 7
Views: 640

Re: Sell large stock holding and go index fund?

Yes, sell and move to index funds. You are lucky you did this in an IRA and not a taxable account, because it makes the change free. One could make an argument for keeping an appropriately sized "play" holding. Do you still need play money to keep you from messing with your AA? What purpose was it s...
by Tamarind
Sun Apr 07, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Any benefits to low salary job with high income spouse?
Replies: 14
Views: 3163

Re: Any benefits to low salary job with high income spouse?

Open a Roth Solo 401(k) for her, contribute all of her net income to it, and you’ll get additional Roth space plus the QBI deduction on the dollars going in to the Roth. If you currently contribute to a Traditional IRA for your spouse that deduction would likely be lost (since she would be covered ...
by Tamarind
Sun Apr 07, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Sanity check: Buying new house -- 400k with 155k income?
Replies: 46
Views: 5063

Re: Sanity check: Buying new house -- 400k with 155k income?

Sounds like house fever to me as you are pushing past your point of discomfort with a builder who previously tried to hard sell you.

I suspect your sense of "needed" is beginning to shift. Consider pressing pause and looking at existing houses for a couple of weeks.
by Tamarind
Sat Apr 06, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: Recommend an easy container fruit tree - Zone 7?
Replies: 5
Views: 714

Re: Recommend an easy container fruit tree - Zone 7?

I concur on fig. Your container size being what it is, it will never get that big but you might get a couple dozen figs a year once it's established. Mine didn't take off until the roots were 4 years old but set at least one fruit every year. I like the Hardy Chicago cultivar. It can handle much col...
by Tamarind
Wed Apr 03, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Adjusting to lower compensation from a retirement job
Replies: 42
Views: 1710

Re: Adjusting to lower compensation from a retirement job

My mother retired from a stressful job and promptly took up at least 20 hours a week organizing for a nonprofit. When she was working she always wished she had more time to give this organization. It seems to suit her. Could you consider "board" work? Less scheduled than a regular volunteer gig, usu...
by Tamarind
Tue Apr 02, 2019 5:53 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16449

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

I'm not sure about the methodology of the study, but our current plan will have us reaching FI around age 48-50. Hopefully that will enable us to have no fear about our employability after 50. Especially as I am in IT.
by Tamarind
Mon Apr 01, 2019 11:35 pm
Forum: Personal Consumer Issues
Topic: Redoing lawn with bermuda
Replies: 25
Views: 2179

Re: Redoing lawn with bermuda

I'm considering redoing my yard in Bermuda as well. I'm located in NC and we have hot humid temps. Most people use fescue but the Bermuda lawns I've seen around my home seem healthy and seem to require less work. Any thoughts on planting a Bermuda lawns would be appreciated. Thanks :D I "inherited"...
by Tamarind
Sun Mar 31, 2019 2:24 pm
Forum: Personal Consumer Issues
Topic: Do any of you have a fear of changing jobs?
Replies: 73
Views: 4601

Re: Do any of you have a fear of changing jobs?

Early in my career I temped for several months, changing jobs roughly weekly. The best temp job I got lasted a single day. I was hired to help an HR team train on behavioral interviewing. My job was to pretend to be applying for a job, over and over again. I was given a job description, five minutes...
by Tamarind
Sun Mar 31, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: do I have to pay 110% taxes on lower 2019 income based on higher 2018 income?
Replies: 7
Views: 636

Re: do I have to pay 110% taxes on lower 2019 income based on higher 2018 income?

The 1040-ES form states: "In most cases, you must pay estimated tax for 2019 if both of the following apply: 1. You expect to owe at least $1,000 in tax for 2019, after subtracting your withholding and refundable credits. 2. You expect your withholding and refundable credits to be less than the sma...
by Tamarind
Sun Mar 31, 2019 1:52 pm
Forum: Personal Investments
Topic: Precarious situation?
Replies: 24
Views: 2267

Re: Precarious situation?

I don't think lacking the will is so bad provided that you are not bothered by the idea that things may not go as you expect after you die. Imagine your kids getting nothing, would you feel like you failed? Or all they all well-launched such that, while unfortunate, no one's like it relationships wo...
by Tamarind
Fri Mar 29, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5461

Re: Passed Over For Promotion for Being too Good at My Job

It sounds like your pride is wounded and I absolutely understand why. But it also doesn't seem to me like you actually wanted this particular job or are unhappy with your current one. You are good at it, enjoy it enough to have turned down raises, expect to continue to get regular raises, etc. Perha...
by Tamarind
Fri Mar 29, 2019 4:54 pm
Forum: Investing - Theory, News & General
Topic: Diversification Can Improve Retirement Outcomes (SWR) [Very Long Post]
Replies: 64
Views: 3935

Re: Diversification Can Improve Retirement Outcomes (SWR) [Very Long Post]

A USA Boglehead can get a completely diversified stock and bond portfolio using two ETFs: 50% VT + 50% BNDW. It's almost as if you didn't read anything I wrote. Does appear to be more diversified than your 3 example portfolios. Should therefore have better longevity. I think most of us agree that d...
by Tamarind
Fri Mar 29, 2019 2:44 pm
Forum: Investing - Theory, News & General
Topic: Diversification Can Improve Retirement Outcomes (SWR) [Very Long Post]
Replies: 64
Views: 3935

Re: Diversification Can Improve Retirement Outcomes (SWR) [Very Long Post]

Similarly, how much of the benefit can be attributed to international diversification vs size diversification vs duration diversification? I actually accept your premise outside the context of backtesting, but I'm curious if all 3 actually contributed to the diversification effect in this worst case...
by Tamarind
Fri Mar 29, 2019 2:23 pm
Forum: Personal Investments
Topic: Is this a novel concept or a stupid one?
Replies: 18
Views: 1370

Re: Is this a novel concept or a stupid one?

Not novel.

If a dip would let you TLH enough, then the capital gains won't be that much to start with. Not to mention you seem to be forgetting that if "equities" drop, then AAPL and AMZN probably dropped too, rendering your plan moot.

Donate or sell.
by Tamarind
Fri Mar 29, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: To Escrow, or to NOT Escrow
Replies: 24
Views: 913

Re: To Escrow, or to NOT Escrow

Don't escrow unless you anticipate trouble remembering not to spend what you need for taxes and insurance.

I dropped escrow when I refinanced and glad I did.
by Tamarind
Fri Mar 29, 2019 2:13 pm
Forum: Personal Investments
Topic: Steps I am taking to start a Solo 401k for my wife.
Replies: 9
Views: 324

Re: Steps I am taking to start a Solo 401k for my wife.

nolesrule wrote:
Fri Mar 29, 2019 11:25 am
Vanguard does not accept incoming rollovers in its Solo 401k plan.
I just opened a solo 401k with Vanguard earlier this month and can confirm this. It doesn't matter whether it is 401k, 403b, IRA or whatever.

Pick a different custodian if incoming rollovers are important to you.
by Tamarind
Fri Mar 29, 2019 2:09 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8640

Re: Tattoos and Bogleheads

I am old enough to remember when the only people with tattoos were criminals, bikers and sailors! Yes! Many decades ago, I had some dealings with a biker that had upper arm tattoos. I was chatting about it with my manager at work. My manager (don't know if he was right) said a tattoo on one arm was...
by Tamarind
Fri Mar 29, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11635

Re: Is our household budget crazy?

We try to limit eating out to once per weekend if possible as a form of entertainment for the family, and shop at wa Walmart primarily but still cant get food below 1400 or 1500 all in. We dont eat steak but maybe once a month, and mostly eat tacos, hamburgers pasta or chicken. I am jealous of the ...
by Tamarind
Fri Mar 29, 2019 8:14 am
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8640

Re: Tattoos and Bogleheads

I have never gotten a tattoo. Neither has my daughter. I believe it is because I told her that if she got a tattoo that I was going to get the exact same tattoo. I have to say you were clever there..... But also lucky, yes? Once your daughter is past age 18, I'd say odds are good that if she still ...
by Tamarind
Fri Mar 29, 2019 7:22 am
Forum: Personal Investments
Topic: What to do with investments when being laid off
Replies: 22
Views: 2210

Re: What to do with investments when being laid off

If you have a balance above $5k in your 401k you should not be forced to move it when you leave. If it helps, remember that when people retire they leave their job same as you are but you don't hear about folks being forced by HR to rollover their 401k when they retire. My mom retired last year and ...
by Tamarind
Fri Mar 29, 2019 7:09 am
Forum: Personal Investments
Topic: Why would one NOT do Roth Conversions?
Replies: 22
Views: 2715

Re: Why would one NOT do Roth Conversions?

Didn't see this reason as I skimmed: you need to avoid going over the ACA cliff. My parents saved just enough to be in good shape per 4% rule but they do not have a lot of excess ($1.2M saved, 75% in pre-tax, 63/67, need $55k-60k annually). They would like to defer Mom's SS until 70 as she has a muc...
by Tamarind
Fri Mar 29, 2019 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 334
Views: 49252

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Hm, I'm about halfway there. I'll let you know when I arrive. :twisted: I don't expect to ever use an investment advisor, because I'll be spending the intervening years practicing doing it myself. I was pleased to "inherit" from my parents a relationship with a CPA who is happy to take the occasiona...
by Tamarind
Fri Mar 29, 2019 6:26 am
Forum: Personal Investments
Topic: Help save my father from another annuity
Replies: 20
Views: 1471

Re: Help save my father from another annuity

By "out of surrender", does the adviser mean that your father had held them long enough that he would owe no surrender fees? If so, there is a very simple solution. Surrender the annuities. Move the money wherever your father wants. No wonder the advisor wants him to switch. Right now he's not going...
by Tamarind
Thu Mar 28, 2019 10:49 pm
Forum: Personal Investments
Topic: $480K, no job, special needs kids, what to do?
Replies: 52
Views: 5420

Re: $480K, no job, special needs kids, what to do?

The reason folks are only talking about savings accounts and CDs is because money needed for non-optional spending within 5 years does not belong in the market. On current trajectory you will spend it all within 5 years. You cannot afford the risk of loss you would have to assume to get any greater ...
by Tamarind
Thu Mar 28, 2019 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11635

Re: Is our household budget crazy?

I actually agree, but OP asked because it was bugging them. Tamarind , the OP is female and seems to be seeking input on her concern (not them). The husband seems to want to spend more on food and is the cause of the tennis expense. When a poster does not specify their own gender in the thread (and...
by Tamarind
Thu Mar 28, 2019 3:37 pm
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8640

Re: Tattoos and Bogleheads

Did any of you with tattoos find that it was mentally easier to get a tattoo because they are now removable? The removal process is expensive and painful, but the option is there. I wonder if the popularity of tattoos among younger people is in part due to the fact that tattoos no longer have to be...
by Tamarind
Thu Mar 28, 2019 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11635

Re: Is our household budget crazy?

The glaring exception is your grocery budget, which is absolutely nuts. Are you eating a paleo diet bought entirely at Whole Foods? :P If so, the good news is that you are paying far too much for a shiny shopping experience and can eat similarly for much less. ETA: Seeing that you are shopping at C...
by Tamarind
Thu Mar 28, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11635

Re: Is our household budget crazy?

trustquestioner wrote:
Thu Mar 28, 2019 3:19 pm
This board is insane sometimes.

You’re spending less than a quarter of your gross income. Saving is abundant and more than sufficient.
I actually agree, but OP asked because it was bugging them.
by Tamarind
Thu Mar 28, 2019 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11635

Re: Is our household budget crazy?

Most of it seems luxurious but probably not wasteful. For example the nanny which is completely discretionary spending but pretty reasonable relative to income and has significant utility to you both as business owners. Travel with grandparents and small children is expensive yet probably priceless....
by Tamarind
Thu Mar 28, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads Guide to Business Benefits: Pro-Employee 401(k)
Replies: 11
Views: 636

Re: Bogleheads Guide to Business Benefits: Pro-Employee 401(k)

I would second allowing employees to defer up to 100% of salary (subject to other legally required limits). My wife was profoundly annoyed to learn she was capped at 50% of salary, which was not quite enough to max out the pre-tax contributions. To paraphrase her, "If they are going to pay us so lit...
by Tamarind
Thu Mar 28, 2019 8:07 am
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8640

Re: Tattoos and Bogleheads

sawhorse wrote:
Thu Mar 28, 2019 8:01 am
Time2Quit wrote:
Thu Mar 28, 2019 7:45 am
Dumb question as no one in my family has tattoos.

What happens when you get older and your skin start to wrinkle and you start loosing skin elasticity, does it change what the tattoo looks like?
https://mymodernmet.com/tattooed-seniors-photographs/
Love these!
by Tamarind
Thu Mar 28, 2019 8:06 am
Forum: Personal Consumer Issues
Topic: Tattoos and Bogleheads
Replies: 180
Views: 8640

Re: Tattoos and Bogleheads

Dumb question as no one in my family has tattoos. What happens when you get older and your skin start to wrinkle and you start loosing skin elasticity, does it change what the tattoo looks like? Yep. Just like a birthmark on your skin will move or wrinkle as the surface of the skin changes texture....
by Tamarind
Wed Mar 27, 2019 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Shipping DD away....
Replies: 14
Views: 2011

Re: Shipping DD away....

ATM is best. 10 years ago I carried traveler's checks to Japan and converted them to yen at the post office or 7/11 as needed. You could still do that but ATM will be simpler.