Search found 44 matches

by Joe_R95
Sun May 10, 2020 7:24 pm
Forum: Personal Consumer Issues
Topic: BJJ -martial art
Replies: 58
Views: 3000

Re: BJJ -martial art

BJJ is I think quite different from most martial arts. It is a very practical discipline that emphasizes full on combat within a set of rules (no striking, no biting, no eye gouging etc... One of my kids did Krav Maga, and if you want practical, holy smokes. :shock: No disrespect, but KM doesn't ha...
by Joe_R95
Sat May 09, 2020 7:13 am
Forum: Personal Finance (Not Investing)
Topic: High Income, next financial move?
Replies: 31
Views: 3141

Re: High Income, next financial move?

I started the company and I own 100%. I enjoy the work, the creativity, the building, the challenges, the problem solving, the interactions with the team. Sounds like you like it, and would get bored if you sold it. If you hated it it would be a different story, but keep it and roll on. Maybe even ...
by Joe_R95
Sun Apr 26, 2020 9:43 am
Forum: Personal Investments
Topic: Mother has only $85K to sustain her
Replies: 81
Views: 8118

Re: Mother has only $85K to sustain her

I would check with a lawyer. Had a friend go through this in Missouri. She basically got to live in the house as long as she wanted and they couldn't kick her out even though it was legally theirs. They did do a lot of nasty things until she willingly left though.
by Joe_R95
Wed Apr 22, 2020 5:46 pm
Forum: Personal Investments
Topic: Your views on used car parts Industry
Replies: 31
Views: 1279

Re: Your views on used car parts Industry

I don't know if they're a good buy or not, but you're talking about different market segments. Advanced auto parts is a way different market from LKQ and other salvage companies. Companies like LKQ sell to a lot of body shops via insurance companies. A bad wreck on a 2+ year old car will likely get ...
by Joe_R95
Tue Apr 14, 2020 12:07 pm
Forum: Personal Consumer Issues
Topic: Lawn tractor not starting
Replies: 35
Views: 1482

Re: Lawn tractor not starting

When I was a battery engineer, I worked on developing devices to prevent such explosions. During testing, we exploded a lot of batteries and battery mockups. Surprisingly, the acid hazard due to explosion is secondary. The primary hazard is plastic shrapnel from the battery cover. Yes, they do go o...
by Joe_R95
Tue Apr 14, 2020 9:26 am
Forum: Personal Consumer Issues
Topic: Lawn tractor not starting
Replies: 35
Views: 1482

Re: Lawn tractor not starting

This point gets made often, but I'm a bit curious what actual battery capacity and charge rate would be necessary to come anywhere close to the lower flammability limit for hydrogen. A quick search didn't yield conclusive answers, but a large data center UPS spec sheet indicated a ventilation rate ...
by Joe_R95
Thu Apr 02, 2020 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard website: Activity through date?
Replies: 5
Views: 392

Re: Vanguard website: Activity through date?

Personal performance page, just below the graph on the right there is a box that lets you choose the time frame. The default is "Since inception" click that then choose custom.
by Joe_R95
Sat Mar 28, 2020 9:14 am
Forum: Non-US Investing
Topic: Over rebalancing
Replies: 25
Views: 1888

Re: Over rebalancing

With 80% stocks you dont need a bond fund. What did you mean by this? What do you use for your other 20%? I think Galeno meant that owning bonds when your stock allocation is over 80% doesnt make sense. But maybe my understanding is wrong. So cash instead? Wouldn't bonds still be better than cash? ...
by Joe_R95
Sat Mar 28, 2020 7:33 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 417
Views: 398300

Re: A time to EVALUATE your jitters

I recall reading and responding to Nisi's post of over 4 years ago. The post is timeless and as accurate today as then and will be accurate 4+ years from now. If you have not done so, it's a keeper. :moneybag You jinxed us man... I really enjoy the old threads that pop up on this board when everyon...
by Joe_R95
Thu Mar 26, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 933

Re: How can I figure out if my accountant reported my qualified dividends correctly?

Perhaps I'm missing something here, but looking at my own tax return, Form 1040, Page 1, Section 3a is Qualified Dividends, Section 3b is Ordinary Dividends. These numbers match the tax forms provided by my Broker (Fidelity) on Form 1099-DIV. Yes, that's correct. I was afraid mine were done incorre...
by Joe_R95
Thu Mar 26, 2020 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 933

Re: How can I figure out if my accountant reported my qualified dividends correctly?

If there were any capital gains or qualified dividends, the tax should have been calculated from the QD and CG worksheet on pg 33, rather than directly from the tax tables. That was what I kept coming up with from googling. I think that I just wasn't provided with a copy, or it was all done automat...
by Joe_R95
Thu Mar 26, 2020 7:15 am
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 933

Re: How can I figure out if my accountant reported my qualified dividends correctly?

If this is for the 2019 1040, calculate the tax on the Taxable Income (Line 11b) using the tax tables (pg 62 in the 1040 instructions) or the Tax Computation Worksheet (pg 74). If it matches the tax on Line 12a, then all your income was taxed as income, not qualified dividends or capital gains. Tha...
by Joe_R95
Thu Mar 26, 2020 2:32 am
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 933

Re: How can I figure out if my accountant reported my qualified dividends correctly?

https://www.irs.gov/faqs/interest-dividends-other-types-of-income/1099-div-dividend-income/1099-div-dividend-income Answer Enter the ordinary dividends from box 1a on Form 1099-DIV, Dividends and Distributions on line 3b of Form 1040, U.S. Individual Income Tax Return or Form 1040-SR, U.S. Tax Retu...
by Joe_R95
Thu Mar 26, 2020 1:34 am
Forum: Personal Finance (Not Investing)
Topic: How can I figure out if my accountant reported my qualified dividends correctly?
Replies: 18
Views: 933

How can I figure out if my accountant reported my qualified dividends correctly?

The title pretty much says it all. I have a lot of forms that were filled out, but I don't see a Qualified dividend and taxable gain worksheet. Is there a way to tell if it was done correctly somewhere? The Schedule B shows the full amount as ordinary dividends, but that and form 1040 are all I have...
by Joe_R95
Sat Mar 14, 2020 4:12 pm
Forum: Personal Investments
Topic: Vanguard saying I created a wash sell. Not sure?
Replies: 3
Views: 592

Re: Vanguard saying I created a wash sell. Not sure?

Thank you! I thought it was odd that they singled that one out, but let the other two go without flagging a wash sale. I purchased all 3 of the funds within the past 30 days.
by Joe_R95
Sat Mar 14, 2020 4:05 pm
Forum: Personal Investments
Topic: Setting up a portflio for the new year. Seeking Tips and Advice
Replies: 7
Views: 971

Re: Setting up a portfolio for the new year. Seeking Tips and Advice

Thanks for all the help Duckie. Now that I'm a few years in I thought I would update this with where I ended up. Turns out my 401k really sucks. It fails HCE compliance testing every year, and putting in 4% to get a 2% match gets me a check for about half of what I put in back every year. Cant max i...
by Joe_R95
Sat Mar 14, 2020 2:44 pm
Forum: Personal Investments
Topic: Vanguard saying I created a wash sell. Not sure?
Replies: 3
Views: 592

Vanguard saying I created a wash sell. Not sure?

Last Thursday I sold some VTSAX(total stock market) and put the proceeds directly into VFIAX(s&p 500) and VFWAX(all world ex-us). I did so to tax loss harvest about $30k and even out my international holding in the process. I had purchased shares within the past 30 days, all of which were sold in th...
by Joe_R95
Thu Sep 12, 2019 5:47 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1406
Views: 189939

Re: Post your Financial Milestone Announcements Here

I finally broke $500k in invested assets yesterday for the first time. Was way more exciting when I almost got there a couple months ago. I'm 36 and have only been investing heavily since the very end of 2015. No inheritance or any windfalls. At the rate I'm going it looks like about 80% of my first...
by Joe_R95
Fri Mar 30, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: New car from dealer may have close to 150 miles - ok?
Replies: 66
Views: 12230

Re: New car from dealer may have close to 150 miles - ok?

They don't want to tell you the dealer that has it because they want to sell it to you rather than you possibly buying if from that dealer. A simple internet search of dealers and a couple of phone calls would probably get you there. Most of them display their current inventory online. I bought my t...
by Joe_R95
Sun Mar 11, 2018 9:48 am
Forum: Personal Investments
Topic: Amount saved by age
Replies: 58
Views: 11177

Re: Amount saved by age

Anybody else on here in a position where they are ahead of schedule based on many "rules of thumb" however you still think you don't have enough? +1 I think its this place that does it to us. I know I'm vastly ahead of anyone I actually know in my age range(and most older), but coming on and seeing...
by Joe_R95
Fri Feb 16, 2018 7:36 pm
Forum: Personal Investments
Topic: Bonds — Appreciate Some Advice
Replies: 9
Views: 1277

Re: Bonds — Appreciate Some Advice

The rate increases mean that newly issued bonds have a slightly higher rate of return than the ones currently held by the funds. This in turn makes the funds holdings worth a little less comparatively, and the fund price drops accordingly. As the funds bonds expire and they buy more new issues the p...
by Joe_R95
Fri Feb 16, 2018 7:06 pm
Forum: Personal Investments
Topic: buying around dividend time
Replies: 11
Views: 1598

Re: buying around dividend time

The stock drops by the amount of the dividend, and you get paid the dividend. Its a wash, but in a taxable account its a taxable event so its better to buy more of the cheaper shares for the same money by buying after its paid, and not have to pay the taxes.
by Joe_R95
Sun Jan 28, 2018 11:03 am
Forum: Personal Investments
Topic: Investment thought loops have been destroying me
Replies: 31
Views: 1760

Re: Investment thought loops have been destroying me

Counseling is an acceptable reaction to an irrational behavior that causes this degree of crippling distress. In the meantime, Jason Zweig's "Your Money and Your Brain" may provide some insight into emotional responses to money. +1 The book is awesome and goes over all your behavioral issues. The s...
by Joe_R95
Tue Jan 09, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Restricting 401k Contribution
Replies: 3
Views: 575

Re: Employer Restricting 401k Contribution

Ask an HR person if their 401k passes HCE compliance testing. My companies does not, and I end up only being able to contribute about 6500/year as a result. Got a big nasty check, and tax bill the year I figured that out. If its a good opportunity take it and just invest more in taxable.
by Joe_R95
Sat Dec 02, 2017 10:51 am
Forum: Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 375
Views: 47688

Re: Anyone tired of the stock market going up?

I'm tired of it going up. I didn't start investing heavily until 2015 so I missed a lot of gains, and went 30% bonds in my taxable so I'd have money in the next drop. Probably not the sentiment retirees want to hear, but I'm excited for the next big drop. If the s&p gets to the 1500-1600 range again...
by Joe_R95
Thu Nov 23, 2017 9:47 am
Forum: Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 112
Views: 12200

Re: Interesting ride so far - Crypto-curriencies

Sounds like you could cash out the majority of your initial investment, and let the rest roll knowing if it is a bubble you haven't lost anything. Whatever your thoughts on rebalancing are, a 69.7% increase in 3.5% of your portfolio probably has your allocation out of whack.
by Joe_R95
Sat Oct 07, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: Daughter's auto repair shop problems, what should we do now?
Replies: 34
Views: 4302

Re: Daughter's auto repair shop problems, what should we do now?

I'm a tech at a dealership. If she came in requesting her engine mounts be replaced, and diagnose a starting issue, her engine mounts would be replaced, and she'd get an estimate for the starting issue. That being said our diagnostic rate is a set charge of $95, $200 plus parts to replace what I ass...
by Joe_R95
Thu Mar 24, 2016 5:58 pm
Forum: Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 12441

Re: Best & Worst Financial Decisions?

Worst was buying a new truck in 2009. Paid a little under 3/4 sticker but regretted it the day I signed the papers. Still driving it, and its still a great truck.

Best was probably buying a house and choosing to pay it off quickly(3.4 years). No debt is definitely the way to go for me.
by Joe_R95
Wed Mar 23, 2016 9:27 pm
Forum: Personal Investments
Topic: Lazy portfolio - Mutual funds or ETFs?
Replies: 46
Views: 7802

Re: Lazy portfolio - Mutual funds or ETFs?

So bond gains are taxed before withdrawal? Also, VTEBX has a higher ER than the Total Bond Market. And admiral requires minimum of $50k which is too high if bonds are going to be 20% of my portfolio. You pay tax on taxable bond distributions in a taxable account. You will be paid a little every mon...
by Joe_R95
Wed Mar 23, 2016 6:56 pm
Forum: Personal Investments
Topic: Lazy portfolio - Mutual funds or ETFs?
Replies: 46
Views: 7802

Re: Lazy portfolio - Mutual funds or ETFs?

Total Bond Market does not belong in a taxable account. If you don't have tax-sheltered accounts (401k/IRA) to hold your bond AA use ( VWITX ) Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (0.20%) or the new ( VTEBX ) Vanguard Tax-Exempt Bond Index Fund Investor Shares (0.20%). +1 be a...
by Joe_R95
Sat Mar 19, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Millionaire Next Door and Budgeting
Replies: 81
Views: 12615

Re: Millionaire Next Door and Budgeting

Its different strokes for different folks. Yes budgeting is great and you can watch every penny if you would like to. It will also help you track your progress and give you the warm and fuzzies for meeting your goals. It would be helpful for the vast majority of the population to know where the mone...
by Joe_R95
Sun Feb 28, 2016 9:01 am
Forum: Personal Consumer Issues
Topic: Camping & "Adventure" Gear for a 3 year old
Replies: 34
Views: 2702

Re: Camping & "Adventure" Gear for a 3 year old

Camping games like washer toss or ladderball should be fun for a 3 year old. If you're going to a real campground somewhere I've taken several kids that loved geocaching. After dark smores and stories.
by Joe_R95
Wed Feb 24, 2016 7:33 pm
Forum: Personal Investments
Topic: Not allowed to fully fund my 401k? Options?
Replies: 10
Views: 1355

Re: Not allowed to fully fund my 401k? Options?

Thanks guy's. My company is smaller and will probably never vary from their 2% max for 4% contribution. Its been that way for the 14 years I've worked there, except for the years when they stopped matching. I think my only real option is to reduce my contribution so I don't get smacked on the nose a...
by Joe_R95
Tue Feb 23, 2016 7:54 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new car?
Replies: 32
Views: 5378

Re: Should I buy a new car?

Take if from a technician. If you're thinking of keeping it have the temp issue looked at before you do major damage to it. A $10 hose can cost you a $3500 engine. I wouldn't go new unless its worth it to you and you're willing to buy a lot of gratification. Low mileage 2-3 year old cars are general...
by Joe_R95
Tue Feb 23, 2016 7:23 pm
Forum: Personal Investments
Topic: Not allowed to fully fund my 401k? Options?
Replies: 10
Views: 1355

Re: Not allowed to fully fund my 401k? Options?

Thank you. Our 401k sucks, and I'm sure most employees don't use it. The odds of them contributing more than the 2% matching, or making it better is pretty slim. I think I'm about as tax efficient as I can get, I just like the 401k to lower my taxable because without it I'd be bumping the next tax b...
by Joe_R95
Tue Feb 23, 2016 7:02 pm
Forum: Personal Investments
Topic: Not allowed to fully fund my 401k? Options?
Replies: 10
Views: 1355

Not allowed to fully fund my 401k? Options?

Got a call from my accounting department today saying that they needed to pull some money out of my 401k and reissue my w2 because they were going to get in trouble and have to pay some kind of fine if they didn't. I only contributed $13k last year, but was on track to fully fund it this go round. A...
by Joe_R95
Sun Dec 27, 2015 11:03 am
Forum: Personal Consumer Issues
Topic: Turn off water heater on vacation?
Replies: 97
Views: 116508

Re: Turn off water heater on vacation?

+1 on turning the knob on it to vacation mode. Make SURE you shut your water off. I had a $37k insurance claim last year because the flex line to a toilet burst while I was on vacation.
by Joe_R95
Thu Dec 24, 2015 10:11 am
Forum: Personal Investments
Topic: Market timing
Replies: 19
Views: 2508

Re: Market timing

I set mine on autopilot. Direct draft on the 28th of every month set amount(wasn't sure what they'd do about February if I did the 30th). The allocation is also automatically set. My investment schedule replaced a mortgage payment that was at the end of the month so I'm use to it anyway. Anything yo...
by Joe_R95
Fri Dec 18, 2015 7:09 pm
Forum: Personal Investments
Topic: Setting up a portflio for the new year. Seeking Tips and Advice
Replies: 7
Views: 971

Re: Setting up a portflio for the new year. Seeking Tips and Advice

My comments/questions: Once you drop the account management in the 401k will that eliminate the net asset fees? Your 401k doesn't have very good international options so I recommend using your taxable and Roth IRA accounts for international. I have to call them to ask that, cancel it, then send it ...
by Joe_R95
Fri Dec 18, 2015 12:08 am
Forum: Personal Consumer Issues
Topic: Should I just give my wife (folded) money?
Replies: 76
Views: 12315

Re: Should I just give my wife (folded) money?

I keep a list of things in my phone that my girlfriend thought was cool, got excited about, or just had to show me because whatever it was was awesome. She probably tells you things she likes or is interested in on a regular basis. I use the list when gift times come up. They are always a hit becaus...
by Joe_R95
Thu Dec 17, 2015 9:57 pm
Forum: Personal Investments
Topic: Setting up a portflio for the new year. Seeking Tips and Advice
Replies: 7
Views: 971

Re: Setting up a portflio for the new year. Seeking Tips and Advice

I agree it should be 7%, but doing the math I've currently paid 5.6% of taxable income in state taxes, and I usually have to pay the state 250-300$ at tax time. I'll do my best googling these, but nationwide doesn't provide ticker symbols anywhere I can find. Also I've been paying them a percentage ...
by Joe_R95
Wed Dec 16, 2015 7:39 pm
Forum: Personal Investments
Topic: Setting up a portflio for the new year. Seeking Tips and Advice
Replies: 7
Views: 971

Re: Setting up a portflio for the new year. Seeking Tips and Advice

How many months of expenses is this? Emergency Fund--The 10k should get me through 6-10 month depending on how lean I need to run it. I have other options to get cash if I need it before tapping into investments as well. What state? Arkansas You are allowed to make a non-deductible contribution to ...
by Joe_R95
Wed Dec 16, 2015 12:43 am
Forum: Personal Investments
Topic: Setting up a portflio for the new year. Seeking Tips and Advice
Replies: 7
Views: 971

Setting up a portflio for the new year. Seeking Tips and Advice

First off I want to thank you all. I've been reading this board and books that have been suggested for several weeks(Bogle on mutual funds, the Bogleheads Guide, and I'm half way through a Ferri book) and I hope that I've found a new home here with the bogleheads. I've been impressed with the wealth...