Search found 1570 matches

by Tamarind
Thu Aug 15, 2019 1:08 pm
Forum: Personal Investments
Topic: Did I do a smart or dumb thing
Replies: 20
Views: 3134

Re: Did I do a smart or dumb thing

I think you have done a very smart thing. You should proceed to sort out your allocation in tax advantaged accounts now.

Have you got an asset allocation determined that you want for your whole portfolio?
by Tamarind
Thu Aug 15, 2019 6:32 am
Forum: Personal Consumer Issues
Topic: UPDATED: Thrift stores in the Greater Orlando Area (plus The Villages) with largest NON-FICTION BOOK selection?
Replies: 15
Views: 1014

Re: UPDATED: Thrift stores in the Greater Orlando Area (plus The Villages) with largest NON-FICTION BOOK selection?

Don't know your area, but does the local library have a book sale? That's my favorite place to get gently used non-fiction titles.
by Tamarind
Thu Aug 15, 2019 5:55 am
Forum: Investing - Theory, News & General
Topic: Why is market timing bad in this case?
Replies: 52
Views: 3097

Re: Why is market timing bad in this case?

By the end of your hypothetical lottery winner's investing period of 30 years, it is likely you'd barely be able to pick out that "mild recession" on a chart of their stock performance. Compounded growth of a stock index over very long periods simply dwarfs the percentages of even most serious crash...
by Tamarind
Wed Aug 14, 2019 9:16 am
Forum: Investing - Theory, News & General
Topic: Has anybody bought Wellington,Wellesley,LifeStra and just said the heck with the taxes or is that just dumb in taxable?
Replies: 48
Views: 2986

Re: Has anybody bought Wellington or Wellesley and just said the heck with the taxes or is that just dumb in taxable?

I know these funds have a long history. I can see how some investors, particularly those who are already retired and have a low tax rate, might like one of the other as a balanced fund with an unusual allocation. But neither has an appropriate allocation for most investors, they are more expensive d...
by Tamarind
Wed Aug 14, 2019 8:42 am
Forum: Personal Investments
Topic: Continue contributing to 401k or pay off debts
Replies: 14
Views: 910

Re: Continue contributing to 401k or pay off debts

Welcome! Congratulations on those new high incomes. I bet it feels good to see your hard work in school pay off. :sharebeer To set yourself up for success with your new combined incomes, you should be saving a minimum of $50k per year together, and I would advise you to save much more. That includes...
by Tamarind
Mon Aug 12, 2019 6:52 am
Forum: Personal Investments
Topic: Portfolio Qs from Overly-Conservative Saver
Replies: 20
Views: 1614

Re: Portfolio Qs from Overly-Conservative Saver

I Love, Love, Love your organized presentation! I would suggest a bar of your favorite chocolate to take the bad taste out of your mouth, and fund that Roth. You will learn over time, that Roth space is rare and hard to get - do that backdoor thing to the max every year, you will thank me in 20 yea...
by Tamarind
Sun Aug 11, 2019 6:49 am
Forum: Personal Finance (Not Investing)
Topic: How to spend a bonus
Replies: 30
Views: 2095

Re: How to spend a bonus

The limits you have cited for your 401k and IRAs are not right. The 401k limit is $19k unless you are a HCE. The IRA limit this year is $6k per person, not $5.5k. I would prioritize using the whole bonus for retiring your debt over 5%. In addition to your bonus, I would sell anything in your taxable...
by Tamarind
Sun Aug 11, 2019 6:26 am
Forum: Personal Investments
Topic: Non-recourse loan to exercise options? What are the downsides?
Replies: 11
Views: 1534

Re: Non-recourse loan to exercise options? What are the downsides?

Tamarind, do you mind sharing details on things went about when getting the non-recourse loan? Sure. After filling out a form on their website, I went through an initial phone call, and then they set some researchers to digging into available information about the company. The company offering the ...
by Tamarind
Sat Aug 10, 2019 6:46 am
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10009

Re: Healthy fast food

I also agree on packing healthy food for the trip. Something I've also done with success, just because I don't like most fast food, is to use Yelp on my smartphone to identify local restaurants further off the highway when I want to stop for food. That way I can pick places that have healthy options...
by Tamarind
Thu Aug 08, 2019 7:32 am
Forum: Personal Investments
Topic: Helping my CSRS parent navigate meeting with Raymond James CFP
Replies: 30
Views: 2508

Re: Helping my CSRS parent navigate meeting with Raymond James CFP

Most advisors really can't win. The distribution seems to include a lot of AUM advisors who are not content with their fees but must also scam customers with loads, high ER managed funds, churning, and inappropriate insurance/investment combos. Run! There are also good advisors who charge AUM but wo...
by Tamarind
Thu Aug 08, 2019 5:13 am
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2106

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

I would take the job. Now you know you don't need the MSc to be employable. You can always go back for the degree if you need it later. IMO right after undergrad is the hardest time to get accepted to graduate programs. People who have career experience and know even more clearly what questions they...
by Tamarind
Wed Aug 07, 2019 8:34 pm
Forum: Personal Consumer Issues
Topic: wifi router, too many options!
Replies: 41
Views: 2712

Re: wifi router, too many options!

I have a small house, covered by a single router, but had some dead spots in WiFi due to the position of brick walls. When the router got old I switched to Google WiFi and I love it. Mesh lets me get the wifi "around" the corner so coverage is fast and seamless even in the back of the house. It took...
by Tamarind
Wed Aug 07, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is "termite-proofing" your house (absent termites) an unnecessary form of insurance?
Replies: 15
Views: 1162

Re: Is "termite-proofing" your house (absent termites) an unnecessary form of insurance?

No. There are termites everywhere. Get an occasional inspection or look for tubes yourself, and make a point of not putting mulch against your foundation. No need to buy the "insurance".
by Tamarind
Wed Aug 07, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Increase in Income...do I need a "tax guy"?
Replies: 12
Views: 1224

Re: Increase in Income...do I need a "tax guy"?

Agreed. If you do something special or new that had you feeling unsure about taxes, first try reading the instructions and see if that clears things up. If you're still stuck, post here. If you stump the Bogleheads, you can always employ a CPA for just one year, then use that tax return as a guide f...
by Tamarind
Wed Aug 07, 2019 3:56 am
Forum: Personal Investments
Topic: Helping my CSRS parent navigate meeting with Raymond James CFP
Replies: 30
Views: 2508

Re: Helping my parents

I think this is the first time I've ever heard of someone offering a sales rep money if they fail to make their pitch successfully. :shock: From the point of view of this sales rep, nothing has changed. You are going to a sales pitch and should treat it accordingly. Be aware that the "certification"...
by Tamarind
Tue Aug 06, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Oh geeze. How should I pay for this? Walk me off the ledge
Replies: 52
Views: 6292

Re: Oh geeze. How should I pay for this? Walk me off the ledge

What's your free cash flow? How long will it take you to save back up the $5000? If less than 3 months, do #2, and then increase the size of your emergency fund! If >3 months, do #3 and increase the size of your emergency fund! You also got great advice about HSA. This is an excellent expense to "ca...
by Tamarind
Tue Aug 06, 2019 10:17 am
Forum: Personal Investments
Topic: Changing 401K to be more Boglehead
Replies: 7
Views: 586

Re: Changing 401K to be more Boglehead

I don't have total bond but figure I am 75% standard BH 3 funder with LS + TS + TI. I do see your point on keeping it simple. Yep you are definitely close. That's an odd assortment of funds to have while not having Total Bond. May I ask what bond funds you do have available and their ERs? Vanguard ...
by Tamarind
Tue Aug 06, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Are you getting rid of your gas appliances?
Replies: 43
Views: 3072

Re: Are you getting rid of your gas appliances?

Not getting rid of functioning appliances, as that also contributes to waste. However, we will be doing a reno in the next couple of years and will look for electric options for all our upgrades and won't be adding new gas appliances - currently we only use gas for our HVAC (gaspack) which came with...
by Tamarind
Tue Aug 06, 2019 6:52 am
Forum: Personal Investments
Topic: Changing 401K to be more Boglehead
Replies: 7
Views: 586

Re: Changing 401K to be more Boglehead

S_Track wrote:
Tue Aug 06, 2019 6:22 am
I don't have total bond but figure I am 75% standard BH 3 funder with LS + TS + TI. I do see your point on keeping it simple.
Yep you are definitely close. That's an odd assortment of funds to have while not having Total Bond. May I ask what bond funds you do have available and their ERs?
by Tamarind
Tue Aug 06, 2019 5:27 am
Forum: Personal Investments
Topic: Changing 401K to be more Boglehead
Replies: 7
Views: 586

Re: Changing 401K to be more Boglehead

My only concern with dropping American funds 2030 is its strong past performance, inclusion of inflation protected securities and having a fund outside of VG. I feel these are minor, curious if anyone else can see any concerns with this change? I don't see a point in keeping the American TD fund ju...
by Tamarind
Mon Aug 05, 2019 4:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard brokerage account transition
Replies: 41
Views: 3797

Re: VG pop-up: “Your Account Needs to be Transitioned”

They want to transition you to a brokerage account instead of your current mutual fund only account. All new accounts have been brokerage accounts for several years after a big technology upgrade, but they are slowly nudging harder to get long-time customers to agree to transition. You can still buy...
by Tamarind
Mon Aug 05, 2019 1:59 pm
Forum: Personal Investments
Topic: Skipping an automatic withdrawal, how late can one cancel?
Replies: 10
Views: 643

Re: Skipping an automatic withdrawal, how late can one cancel?

I'd resist the urge to tinker. You set the automated withdrawal for a reason. Did you balk at withdrawing in May? How about January?
by Tamarind
Mon Aug 05, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11661
Views: 2008541

Re: U.S. stocks in free fall

J G Bankerton wrote:
Sat Aug 03, 2019 3:50 pm
I see a black swan eating an iron condor ; buy and hold VTI.
TaxingAccount wrote:
Sat Aug 03, 2019 2:57 pm
Image
Have you tried any iron condors lately?
I just see Pac-Man...
by Tamarind
Mon Aug 05, 2019 11:51 am
Forum: Investing - Theory, News & General
Topic: Lifecycle Investing - Leveraging when young
Replies: 411
Views: 26889

Re: Lifecycle Investing - Leveraging when young

OP, would you consider updating your original post to clarify that your strategy depends on the use of non-callable low-interest debt, like a family or personal loan or home equity loan? It's an interesting thread and I'm enjoying following it but I think it needs to be clearer up front that margin,...
by Tamarind
Mon Aug 05, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Mom just died-how to help my Dad with financial stuff???
Replies: 13
Views: 1715

Re: Mom just died-how to help my Dad with financial stuff???

Agreed. Take your time, make a list of proposed changes, wait, then make the changes. In 6 months or so, go with your dad to get his estate plan updated (will, health & financial powers or attorney, advance medical directive). If your dad is worried about his mental competence long term, it's totall...
by Tamarind
Mon Aug 05, 2019 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Financial anxiety and next steps in relationship
Replies: 102
Views: 7256

Re: Financial anxiety and next steps in relationship

I also recommend talking to your gf. She surely knows she has a lot of debt, and her history with and reactions around money are key. You are very unlikely to be held liable for her debt, so I don't think a prenup will do you any good. But you still need to have the discussion about how you want to ...
by Tamarind
Sun Aug 04, 2019 11:07 am
Forum: Personal Investments
Topic: Where to invest proceeds from house sale
Replies: 14
Views: 1174

Re: Where to invest proceeds from house sale

An FDIC insured account at an online back is exactly as safe as an account at a brick-and-mortar bank. I use Ally. They have quite good rates on CDs. I was looking at Marcus, Goldman Sachs, their rates are very good. Are you taxed on them when you cash in?? Also a fine choice. CD interest is taxabl...
by Tamarind
Sat Aug 03, 2019 9:55 am
Forum: Personal Investments
Topic: Where to invest proceeds from house sale
Replies: 14
Views: 1174

Re: Where to invest proceeds from house sale

An FDIC insured account at an online back is exactly as safe as an account at a brick-and-mortar bank. I use Ally.

They have quite good rates on CDs.
by Tamarind
Fri Aug 02, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: Capital one freeze attempt- fail- action required?
Replies: 10
Views: 830

Re: Capital one freeze attempt- fail- action required?

don't call. do it online: https://www.freeze.equifax.com/Freeze/jsp/SFF_PersonalIDInfo.jsp https://www.experian.com/freeze/center.html https://freeze.transunion.com/sf/securityFreeze/landingPage.jsp https://www.chexsystems.com/web/chexsystems/consumerdebit/page/securityfreeze/ https://www.innovis.c...
by Tamarind
Fri Aug 02, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do we move or add-on? Need some grounding...
Replies: 37
Views: 1793

Re: Do we move or add-on? Need some grounding...

You don't say how many bedrooms you have right now. What is actually the stress point about the current home? We have 3 bedrooms. I think the main stress is just trying to decide what we ought to do. Now that you ask what's the stress, I think there's actually nothing really stressing other than an...
by Tamarind
Fri Aug 02, 2019 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do we move or add-on? Need some grounding...
Replies: 37
Views: 1793

Re: Do we move or add-on? Need some grounding...

You don't say how many bedrooms you have right now. What is actually the stress point about the current home?
by Tamarind
Fri Aug 02, 2019 10:46 am
Forum: Personal Consumer Issues
Topic: Extreme Anxiety with Time/Money
Replies: 95
Views: 8042

Re: Extreme Anxiety with Time/Money

Take things one at a time. Prioritize and lower your standards a bit. Some things are urgent, others can wait. We have a house, yard, sprinkler, 3 kids, 4 cars to maintain. It doesn't end. You just get better at it and take things in stride. With a home, something is always not the way you want it....
by Tamarind
Fri Aug 02, 2019 6:47 am
Forum: Personal Investments
Topic: How to choose the best 401k plan
Replies: 7
Views: 460

Re: How to choose the best 401k plan

The Summary Plan Document must disclose the management and recording fees. Get copies of those plus ERs of available funds and you are on your way.
by Tamarind
Fri Aug 02, 2019 6:39 am
Forum: Personal Investments
Topic: Vanguard Frustrations - No Free Trades/Matching Offers
Replies: 75
Views: 3767

Re: Vanguard Frustrations - No Free Trades/Matching Offers

I can see why you would be frustrated and obviously you should do what's right for you. However, Vanguard has a strong incentive to keep costs down. One of their bigger cost centers is customer support. Having someone reasonably educated there to talk to you personally on the phone is expensive, rel...
by Tamarind
Thu Aug 01, 2019 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 14894

Re: Why won’t anyone hire me?

What about all the receptionists and desk people in doctors and dentists office's. In my experience "receptionist" (or "desk people" as you describe them) is a very different position than "administrative assistant" and have different job qualifications. Also, the folks at medical/dental office are...
by Tamarind
Thu Aug 01, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 14894

Re: Why won’t anyone hire me?

Often, the "best" type of job for someone like this are not advertised, but filled by who knows who - and networking. Sometimes, for example, a small company will have an office - and a need for someone to "run" the office for all of the mundane (but important) kinds of things that need to be done ...
by Tamarind
Thu Aug 01, 2019 1:37 pm
Forum: Personal Investments
Topic: VTI and call it a day?
Replies: 9
Views: 1466

Re: VTI and call it a day?

VT :beer
by Tamarind
Thu Aug 01, 2019 11:49 am
Forum: Personal Consumer Issues
Topic: Favorite Lunch Box or Bag
Replies: 22
Views: 1101

Re: Favorite Lunch Box or Bag

I like a hard-sided reusable box, and use Monbento. https://us.monbento.com/en/ Modular, and you can build your own lunch box per your preferences. Dishwasher and microwave safe, BPA free As with any plastic dishware they eventually get stained and scratched. It too about 6-7 years for mine to start...
by Tamarind
Thu Aug 01, 2019 10:22 am
Forum: Personal Investments
Topic: Stop myself from making bad trades
Replies: 35
Views: 2464

Re: Stop myself from making bad trades

Although my preferred solution would be that you just stop trading, the "fun" account has its place in an IPS. It has kept my market timing Dad from messing with my parent's core retirement funds for 2 years now. Here are the suggested rules: *Fund the account just one time. It doesn't matter what ...
by Tamarind
Thu Aug 01, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Switching jobs (401K, sign-on bonus tax withholding)
Replies: 6
Views: 638

Re: Switching jobs (401K, sign-on bonus tax withholding)

Regardless of what custodian you had/will have, the employers and custodians will not communicate to reach other about contributions. You are the one responsible for keeping track of your 401k contributions and not going over the limits when you have multiple employers. You already know you can't co...
by Tamarind
Thu Aug 01, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Why won’t anyone hire me?
Replies: 156
Views: 14894

Re: Why won’t anyone hire me?

The first job is tough! But it's ok, because you have something a younger new hire does not: the steadiness and common sense that comes with age. Consider having someone in their late 20s read and review your resume, and also do a mock interview with you. They will be able to point out style differe...
by Tamarind
Wed Jul 31, 2019 3:25 pm
Forum: Personal Consumer Issues
Topic: Gifts to Bring when Traveling Overseas
Replies: 72
Views: 3042

Re: Gifts to Bring when Traveling Overseas

I would bring something locally made that is high quality. For example, in my town, there is a really good Mom & Pop toffee store. That is my default. I can't believe that they would be expecting you to show up gift in hand. If so, you could always pick up some flowers and wine once you get in coun...
by Tamarind
Wed Jul 31, 2019 3:17 pm
Forum: Personal Investments
Topic: Stop myself from making bad trades
Replies: 35
Views: 2464

Re: Stop myself from making bad trades

Although my preferred solution would be that you just stop trading, the "fun" account has its place in an IPS. It has kept my market timing Dad from messing with my parent's core retirement funds for 2 years now. Here are the suggested rules: *Fund the account just one time. It doesn't matter what p...
by Tamarind
Wed Jul 31, 2019 1:40 pm
Forum: Personal Investments
Topic: Help for a relative
Replies: 17
Views: 1345

Re: Help for a relative

How many years are in her SS work history? If she worked at least 30 years, her SS will be at the high end of your predicted range because of the "minimum benefit".
by Tamarind
Wed Jul 31, 2019 8:13 am
Forum: Personal Investments
Topic: Dumb Question - Maxing out 401k now, or at start of 2020?
Replies: 25
Views: 1877

Re: Dumb Question - Maxing out 401k now, or at start of 2020?

You can't move her past Roth contributions into pre-tax, but you can switch her future contributions to pre-tax for the rest of the year, then decide what to do next year.
by Tamarind
Tue Jul 30, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: The Quality of a Retirement with no Retirement Savings
Replies: 30
Views: 2959

Re: The Quality of a Retirement with no Retirement Savings

It may not differ too much from life to date. Provided he worked at least 30 years (and reported enough income each year to earn 4 SS credits) he will have a floor under his SS benefits. No matter how little he earned, he'll get at minimum ~$10,500 annually from SS. It's very likely he will get more...
by Tamarind
Tue Jul 30, 2019 8:57 am
Forum: Personal Investments
Topic: Need advice
Replies: 13
Views: 837

Re: Need advice

Start with a HY savings account that is fully liquid. The Fed announcement is not a reason to rush to lock up money. Once you are earning at least some interest, you have lots of time to decide on a longer-term plan for funding the house and for investing.
by Tamarind
Mon Jul 29, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: Tree Removal Crane vs Boom
Replies: 24
Views: 1454

Re: Tree Removal Crane vs Boom

So I have two quotes on a tree removal nearly identical in price, both companies are bonded and insured. One company is proposing using a crane to remove the tree is larger sections to prevent any damage to surrounding trees. The other company a Boom lift. What would you recommend? Not familiar wit...
by Tamarind
Mon Jul 29, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Requesting real-estate advice--first-time homebuyer in a peculiar quandary thanks, ironically, to father's beneficence
Replies: 37
Views: 2701

Re: Requesting real-estate advice--first-time homebuyer in a peculiar quandary thanks, ironically, to father's beneficen

Why even bother with the money from your father? Seems like a complicated situation. As opposed to the above view, if the intent is to repay your father then you are not receiving a gift from him whether or not you have formal paperwork. To be honest, I’m surprised the bank is telling you to lie ab...
by Tamarind
Mon Jul 29, 2019 10:49 am
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18363

Re: Laid Off - Want to Retire / Am I OK

If I may, but especially if you happen to end up one of those folks with $6-7 million in assets (a) getting a large subsidy from Obamacare and (b) paying close to zero federal taxes, it is almost certainly a good idea to have at least a portion of your days dedicated to volunteer work and charity. ...