Search found 1212 matches

by Tamarind
Tue Jan 22, 2019 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Young couple figuring out contributions, allocation, and forced 401k closure
Replies: 6
Views: 929

Re: Young couple figuring out contributions, allocation, and forced 401k closure

Duckie has, as usual, given you superb advice above. I forgot to include the fund options for Her HSA account in my original post, and I would like advice on the funds to choose for that account. I have added the fund options to the original post, and I am adding them below. I found two things to co...
by Tamarind
Tue Jan 22, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 71
Views: 3425

Re: Is it ever worth purchasing an extended warranty for a vehicle?

I got an exceedingly good deal on an extended warranty the first time I bought a new car (Hyundai). I am now coming up on the end of that warranty (10 years/100k mi) and it has returned less than 50% of its purchase price. On the other hand, I apparently have a very reliable car, so far. My father l...
by Tamarind
Fri Jan 18, 2019 8:24 am
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 129
Views: 7123

Re: How much house can I afford (really)?

I concur that the extra money for a house upgrade is not there without cutting somewhere else, namely discretionary spending. Is a bigger lot worth giving up private school for your kids? Or an equivalent amount of other discretionary costs? You keep calculating your estimates for your retirement ne...
by Tamarind
Wed Jan 16, 2019 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Boost Emergency Fund or Pay Down Debt?
Replies: 13
Views: 894

Re: Boost Emergency Fund or Pay Down Debt?

I would boost your emergency fund first, if it were me. 2-3 months would not be enough for me even in a very safe job, because it needs to cover medical emergencies too. With your cash flow you could easily get that up to 6+ months.

Glad to hear you plan to buy future vehicles in cash.
by Tamarind
Fri Jan 11, 2019 8:29 am
Forum: Investing - Help with Personal Investments
Topic: 35...am I on the right track? Feeling overwhelmed with options
Replies: 12
Views: 2050

Re: 35...am I on the right track? Feeling overwhelmed with options

Welcome! I max out my roth every year and contribute to my 401k to get the full company match. Aside from about 2k in very low interest student loan, I have zero debt. Good for you! What's your interest rate and remaining time on the student loan? Unless it's below 2%, I'd probably suggest using par...
by Tamarind
Fri Jan 11, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Roth Contribution Rechar'ed to Traditional on 1/7/19. Now want to perform Backdoor Roth Conversion. Need help!
Replies: 9
Views: 566

Re: 2018 Roth Contribution Rechar'ed to Traditional on 1/7/19. Now want to perform Backdoor Roth Conversion. Need help

I'm curious. Knowing you were no longer eligible for a direct Roth contribution, why would you then try to make a direct Roth contribution again for 2019? Seems like an extra step. Or did you only realize you'd be ineligible after making both direct contributions?
by Tamarind
Thu Jan 10, 2019 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Advice for retiring parents: converting 401k to Roth IRA
Replies: 19
Views: 1659

Re: Advice for retiring parents: converting 401k to Roth IRA

You don't mention your parents' ages. If they are not eligible for Medicare yet, how are they going to handle medical insurance until 65? If they are planning to go on ACA plans, they may need some very careful math regarding Roth conversions. Conversions count as income when figuring the ACA subsid...
by Tamarind
Tue Jan 08, 2019 7:21 am
Forum: Investing - Help with Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10549

Re: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

Congrats on being engaged to a fellow saver. You are closer together on this already than two random people, so that bodes well for the long term success of your relationship. I also had a long engagement to a fellow BH and I'd advise to not rush it. Savers usually have strong feelings about how and...
by Tamarind
Fri Jan 04, 2019 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding Wealth Manager
Replies: 19
Views: 1282

Re: Question regarding Wealth Manager

The core Boglehead concept here is that the thing you have most control over is costs. Neither you nor the wealth manager can reliably pick "more rewarding" investments, at least not on a risk-adjusted basis. But by moving her assets to a low cost passive portfolio she can cut her costs by a lot. (T...
by Tamarind
Fri Jan 04, 2019 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: 27 & 30 Year Old Married Couple - Need Investing Advice
Replies: 9
Views: 1174

Re: 27 & 30 Year Old Married Couple - Need Investing Advice

You're doing great. If you have extra, keep increasing contributions to those retirement accounts. You can max out both pre-tax and both Roth IRAs if you work at it and devote raises to it.

Why did you choose JAMRX? Seems like a high expense ratio for a self-directed account like a Roth.
by Tamarind
Fri Jan 04, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Need Recommendation for Paint Color
Replies: 27
Views: 1282

Re: Need Recommendation for Paint Color

Personally I hate beige in all forms. It's a waste of a good neutral. I really like the cool light greys that are in right now. Not really greige because there's no yellow in them. Try a bluer or lavenderer grey and see if you like them. In our own house the neutral is "Swan Wing" (a Behr color but ...
by Tamarind
Fri Jan 04, 2019 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Should I modify or stop my Disability Insurance?
Replies: 14
Views: 897

Re: Should I stop my Disability Insurance?

The outcome you are protecting against is being unable to work while also maxing out your medical insurance out-of-pocket every year for the foreseeable future. If you have saved enough to not worry about medical expenses in retirement, you can drop DI whenever you are financially ready to retire. I...
by Tamarind
Thu Jan 03, 2019 3:55 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7347

Re: Engagement Ring (Affordable)

Yet another person here to say "ask her what she wants!". No one should be really surprised by a proposal, so you'll have plenty of opportunities to learn what she'd like. My Bogleheaded wife did not want an engagement ring at all nor anything with a diamond, but wanted to spend "more" (~$1600 each)...
by Tamarind
Thu Jan 03, 2019 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Autistic sister being targeted by Nigerian scammers
Replies: 84
Views: 6624

Re: Autistic sister being targeted by Nigerian scammers

I concur that your sister's diagnosis is not the primary factor here. While it may make it more challenging to communicate without meltdowns, she is clearly high functioning enough to navigate school, work, the internet and the financial system just like any adult, and many lonely, gullible, neuroty...
by Tamarind
Wed Jan 02, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 903
Views: 233029

Re: Share your net worth progression

Investment returns around (6%) , but investment balance up due to increased contributions. Net worth up sharply but growth rate a pain to calculate due to getting married, resulting in an AA change and adding a new batch of assets mid year. Refinanced mortgage down to 3.09%, and accelerated payoff r...
by Tamarind
Mon Dec 31, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Long term disability - any real world examples of collecting benefits?
Replies: 21
Views: 1350

Re: Long term disability - any real world examples of collecting benefits?

I purchased LTD this year through Guardian. There are many things that can render a person unable to work for a long time. Among people I know, under 50, with white collar jobs, I've seen all of the following cause extended disability: Cancers Diabetes Multiple sclerosis Arthritis Complications of p...
by Tamarind
Sun Dec 30, 2018 4:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8104

Re: My favorite Boglehead posters

Duckie is probably responsible for converting me to the BH way and for saving me hours of work and stress each year by showing how simple my portfolio could be. He takes in long and tangled first posts and kindly points the way for new posters.
by Tamarind
Sat Dec 29, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Have you moved to ETF's? Why or why not?
Replies: 84
Views: 9912

Re: Have you moved to ETF's? Why or why not?

I don't really care about bid/ask spread and deviation from nav, but I do care about auto investing and buying fractional shares, so I stick with mutual funds. These are my reasons too. I have no need to trade intraday. My entire year's retirement savings are completely automated. The same amount i...
by Tamarind
Sat Dec 29, 2018 4:24 am
Forum: Personal Finance (Not Investing)
Topic: Implications of parents paying off child's mortgage
Replies: 22
Views: 2072

Re: Implications of parents paying off child's mortgage

It sounds like this would be short term, during a reno. Can the renovation not be delayed until the child has saved enough to cover short term rental housing? Did the child ask for this or is the parent stepping in to address what they see as a problem? Generally my opinion is it's not a great idea ...
by Tamarind
Fri Dec 28, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 5606

Re: Shoes to wear with jeans to the office?

I like something similar to this: https://www.toms.com/men/shade-heritage ... o-sneakers but my office embraces t-shirts along with the jeans. If you are in a jeans/buttondown environment, perhaps a pair of oxfords with a less glossy polish?
by Tamarind
Fri Dec 28, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: How much house can my daughter afford
Replies: 52
Views: 3694

Re: How much house can my daughter afford

A common guideline is 3x salary. Having bought a house as a single person myself (and still living in it now I'm married), I think it's important to ask what the benefit is in buying while single. Though it wasn't the case for me, many people will want or need to move once they have a partner. This ...
by Tamarind
Thu Dec 27, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: Is there any Low Risk 4 % Return
Replies: 52
Views: 6399

Re: Is there any Low Risk 4 % Return

Sorry, I'm still blinking bemusedly at OP requesting investments with safe return but citing REITs, GLD, and margin as possibilities. Long CDs, stable value funds, or debt prepayment are the only safe things I can think of that would approach that return for large sums. A Mango account will still ge...
by Tamarind
Tue Dec 25, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4561

Re: Working Holidays for extra money.

My wife worked yesterday and today at 2.5x normal wage. Someone in her group must work every day, but she chooses to be that person on holidays more often as she likes the bonus pay. We both have smaller and local families so find it easy to celebrate the holidays on a different day.
by Tamarind
Sat Dec 22, 2018 7:05 am
Forum: Investing - Help with Personal Investments
Topic: Low ER 401K to High ER 401K - Change Plan/Contribution Habits?
Replies: 7
Views: 341

Re: Low ER 401K to High ER 401K - Change Plan/Contribution Habits?

You are right that you should not rollover your old 401k. I would absolutely still max out your 401k. Although the ERs are higher, they are nowhere near high enough to offset the 401k tax advantage. Your best choice is: T. Rowe Price Equity Index 500 - 0.21% If you can, I would invest just in that a...
by Tamarind
Sat Dec 22, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Pay extra on existing mortgage vs saving cash for future home upgrade?
Replies: 7
Views: 742

Re: Pay extra on existing mortgage vs saving cash for future home upgrade?

If you plan to sell, put your extra cash towards the next place. If you pay down the mortgage, you get the return of the mortgage. You can do as well with liquid investments right now and take no risk. For instance, my home reno fund for a large upcoming project is in an Ally No-Penalty CD and gets ...
by Tamarind
Fri Dec 21, 2018 8:40 pm
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2376

Re: Math: How much would you spend to repair this car?

Final update:

Yep, it's totaled. Estimate came to $2400 for a no-frills list of repairs so we're pulling the plug. Thanks for all the differing viewpoints. DW is also a member here so she got a good laugh out of it.

At least it's a good time of year to get a decent deal on a new car.
by Tamarind
Fri Dec 21, 2018 6:59 am
Forum: Personal Finance (Not Investing)
Topic: brick-and-mortar vs online bank
Replies: 50
Views: 2632

Re: brick-and-mortar vs online bank

I missed it for a few minutes when needing to pay a state government agency who only accepts certified checks and money orders. But I was able to get a money order at the grocery store so no big deal.

If I needed to make cash deposits I would want a brick/mortar. But I don't.
by Tamarind
Thu Dec 20, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: Lively has caved on HSA fees
Replies: 16
Views: 1245

Lively drops all HSA fees, including to invest through TDA, effective Jan 1

[merged into existing thread - moderator prudent] https://www.businesswire.com/news/home/20181220005189/en/Lively-Drops-Investment-Fees-Offers-No-Fee-Health Presumably to survive in the face of a no-fee HSA from Fidelity, Lively has announced they will no longer charge any fees for individual/famil...
by Tamarind
Thu Dec 20, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Will you contribute all $6,000 to IRA in Jan or DCA?
Replies: 32
Views: 1959

Re: Will you contribute all $6,000 to IRA in Jan or DCA?

DCA, but not for the reason OP suggests. Rather I DCA because I'm fully invested other than emergency fund, so each month's contribution comes from cash flow.
by Tamarind
Thu Dec 20, 2018 6:14 am
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2376

Re: Math: How much would you spend to repair this car?

I'd buy the Mazda before having my wife commute 20,000 miles per year in a nearly twelve year old VW worth only $500 before a deer got the better of it on a dark highway. I'm cheap, but not that cheap. Yeah that's her call, not mine. I started suggesting we could afford to replace it a year ago, bu...
by Tamarind
Wed Dec 19, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2376

Re: Math: How much would you spend to repair this car?

Thanks for the thoughts so far folks, keep them coming. Special thanks to those who suggested ways to account for the cost of replacing the car earlier than expected. Just to answer a few of the questions that came up: No comprehensive coverage either, so insurance is not a factor. I say <$1k value ...
by Tamarind
Wed Dec 19, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2376

Math: How much would you spend to repair this car?

DW's car was damaged by impact with a deer. She's not hurt, the deer unfortunately limped off before anyone could get there to put it down.. No comprehensive insurance. Wheels, axel, windshield, and undercarriage undamaged, one headlight destroyed, hood seriously dented on one quarter. Car starts fi...
by Tamarind
Tue Dec 18, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Made Big mistake timing the market - help
Replies: 29
Views: 6635

Re: Made Big mistake timing the market - help

Don't wait - sell it now. When the S&P returns to a higher price level, there is no guarantee TQQQ will do so at that time. Highly leveraged funds do not track their benchmarks the way you might expect, which is one reason they are intended to be used by day traders, not to buy and hold. The prospec...
by Tamarind
Sat Dec 15, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead. Need some help please
Replies: 20
Views: 1367

Re: New Bogglehead. Need some help please

The point above by retireddjg about recouping CG taxes by reducing expense ratio faster is a very good one. Can't calculate the impact of liquidating the taxable account in full without knowing what your bracket for 2018 would be before selling. However, if OP is close to the limit for front-door Ro...
by Tamarind
Fri Dec 14, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Forgoing health insurance
Replies: 112
Views: 5264

Re: Forgoing health insurance

Absolutely not, especially not with kids. For 5 people, that's not even a bad deal. My mother's unsubsidized cost would have been over $11k annually and that was just for her. Buy the insurance!
by Tamarind
Fri Dec 14, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: [Help with my wife's retirement plan]
Replies: 20
Views: 1245

Re: [Help with my wife's retirement plan]

Example Portfolio # 1. The simplest portfolio would be Fidelity Vanguard Target Fund 2045 (expense ratio 0.06) in his 401k and FIDELITY 500 INDEX FUND (FXAIX) ER 0.02% in her 401k. This gives you less in bonds and more in international stocks than I suggest. The advantage is ultra-simplicity. Examp...
by Tamarind
Thu Dec 13, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Who else is doing home automation?
Replies: 64
Views: 3716

Re: Who else is doing home automation?

We do a few things, more for remote control by phone than voice control. Alas, the best smart fans (Haiku, imo) do not integrate with Google Assistant yet. I don't think security items (locks, cameras) are appropriate for connecting yet. The industry is much more focused on ease of use at the expens...
by Tamarind
Thu Dec 13, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Homeowner Insurance Deductible Amount?
Replies: 19
Views: 1220

Re: Homeowner Insurance Deductible Amount?

Take the higher deductible. It's a discount given to people with high savings.
by Tamarind
Mon Dec 10, 2018 7:01 am
Forum: Personal Finance (Not Investing)
Topic: How will 80k inheritance affect medicaid, section 8, food stamp eligibility in PA?
Replies: 26
Views: 2978

Re: How will 80k inheritance affect medicaid, section 8, food stamp eligibility in PA?

OP, a piece of information missing from your post is whether your mother is able to cooperate with you to manage her assets. If she will not, then you cannot make her disclaim the inheritance, even if it would be the best strategy. You cannot make her purchase an SPIA, use the money to meet importan...
by Tamarind
Thu Dec 06, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8631

Re: Solid my entire portfolio 12/3/18

In preparation for moving to a simpler "lazy portfolio" style of investing I sold everything in my retirement portfolio on 12/3/18. So I am now 100% cash. Got a little lucky on the timing, but now I need to figure out when to get back in. With the huge drop in the DOW looks like it would be a good ...
by Tamarind
Thu Dec 06, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance for FIRE [Financial Independence Retire Early]
Replies: 83
Views: 6580

Re: Health insurance for FIRE

If one is living off a taxable account and does not have other income streams like pension or working spouse, then one ought to be able to manage income quite precisely to get at least some subsidy to help limit increases. Just went through this exercise with my mother, though she will only need to ...
by Tamarind
Wed Dec 05, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1570

Re: Young professionals in CA - $80K Roth conversion?

- Having too much pre-tax money is a rich person's problem. In the case that this becomes a "problem", we may change our minds and stop working early, which would allow us to convert at a lower tax rate. This is the best reason not to worry about converting now. If you see your pre-tax balance gett...
by Tamarind
Wed Dec 05, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Overcontribution
Replies: 19
Views: 1621

Re: 401k Overcontribution

It's up to you to do the math and get one or the other custodian to give you a corrective distribution. Since you directed the overcontribution, you are the person responsible. If you've been talking to HR so far, consider going straight to the custodian. They'll be far more familiar with this kind ...
by Tamarind
Wed Dec 05, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1570

Re: Young professionals in CA - $80K Roth conversion?

Given that traditional is "safer" (because if that choice is incorrect, it will be because you have "too much money") I like that perspective. Essentially a form of insurance - if we're less well off, we'll make more money by keeping in the traditional. If we're well off, we may pay more in taxes t...
by Tamarind
Wed Dec 05, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Out of Stocks to Pay Off Mortgage
Replies: 73
Views: 5198

Re: Out of Stocks to Pay Off Mortgage

If it were me I would likely divert new money from taxable to making extra principle payments. I might or might not sell part of the taxable account to make a big prepayment, depending on taxes. For me I would be very reluctant to incur any CG tax at all and would probably limit it to the amount of ...
by Tamarind
Tue Dec 04, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14572

Re: Retirement itch- when did you get it?

When I was 30 and realized I had begun to age. :idea: :confused :shock: :oops: :mrgreen: I started working in 2008, so I've always known that my ability to make a living was dependent on more than just my skills and effort. I've been very lucky compared to the average person my age but I don't want ...
by Tamarind
Fri Nov 30, 2018 8:04 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4626

Re: How do Bogleheads justify taking vacation?

happy wife, happy life.. Happy husband, happy life. Happy spouse, happy life. :sharebeer I need regular breaks from work to maintain good mental health. I also enjoy travel, but about half of our vacations are to stay home and do whatever things we feel like doing. Read a book I haven't had time fo...
by Tamarind
Thu Nov 29, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 109
Views: 14435

Re: Divorce [financial implications]

I never been divorced but seen my nephew went through. When spouse is a homemaker, obviously other person will be earning on all these years. During divorce, why are you pointing he/ she was not working on all these years ? Your spouse might be taking care of home and/or kids...might be left job to...
by Tamarind
Thu Nov 29, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 9007

Re: How did YOU choose your career?

I think many people have winding careers and not much of a plan especially at the beginning. There's nothing wrong with that at all. I was a voracious learner as a kid but had no "calling". Most of the time I wanted to be an author, but veterinarian was a close second. At the end of high school my f...