Search found 1098 matches

by gilgamesh
Fri Oct 12, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare premiums will be down an average of 1.5 percent next year
Replies: 39
Views: 3917

Re: Obamacare premiums will be down an average of 1.5 percent next year

I wish I know what my 2019 premium is...the website says I won’t know until a few days prior to Nov 1st.
by gilgamesh
Fri Oct 12, 2018 4:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

I looked at my portfolio...over the 2 days I lost a car, WTH!, sheesh! That’s all!!!.. I wanna lose a house :twisted: If I am not mistaken, the Dow first hit 25000 around the beginning of this year. So if you invested your money before 2018, you have not lost anything....you are still ahead. It's l...
by gilgamesh
Thu Oct 11, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

Today was not as entertaining as I was hoping...didn’t even hit a 3% loss today...bummer!!!...I’m holding hope for tomorrow...give me at least -5% :twisted:

P.S: I looked at my portfolio...over the 2 days I lost a car, WTH!, sheesh! That’s all!!!.. I wanna lose a house :twisted:
by gilgamesh
Wed Oct 10, 2018 8:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

I have studied this matter in great detail over many years and can explain what happened today: traders were more motivated to be sellers of stocks than buyers of stocks. One of these was right. Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth. :twist...
by gilgamesh
Wed Oct 10, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Dayton, Ohio -- Worth Visiting?
Replies: 39
Views: 2928

Re: Dayton, Ohio -- Worth Visiting?

I live in Dayton and concur with the positive things said about the city - the air force museum is world class...but awesome quaint restaurants too. But, the reason for my response is to mention an area south east of Columbus - if in case your travels goes near. Hocking hills. If you love nature, ho...
by gilgamesh
Wed Oct 10, 2018 3:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

Yes!!!...all 3 (NASDAQ, DOW and S&P 500) hit the 3%+ mark...the OCD in me was worried one may lag behind in the 2% territory...The symmetry feels much better, I was worried there for a bit - whew!!! :twisted:
by gilgamesh
Wed Oct 10, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

Yaaaawn!...I’ll give it at most, middle of next week to hit all time highs again...hihiheeee!! :twisted: :twisted: :twisted:
by gilgamesh
Sun Oct 07, 2018 6:45 am
Forum: Personal Consumer Issues
Topic: Just purchased the new 2018 Jeep Wrangler
Replies: 30
Views: 3557

Re: Just purchased the new 2018 Jeep Wrangler

It is a vastly improved vehicle. Any other Wrangler fans in Boglehead land? yea why? Sorry! You are not a fan...your second word totally nullified your claim of the first. P.S: I’m not necessarily a Wrangler fan, but I think they are wicked. Never miss drooling on one whenever I see it - the 2 door...
by gilgamesh
Tue Oct 02, 2018 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps

There is no S corp corporate rate...there is a small business 199A deduction which S-corp physician's MFJ, could enjoy if their taxable income is less than $315k-$415k...this deduction is 20% when your taxable income is less than $315k, linearly phased out over the next $100k. It's not total income...
by gilgamesh
Wed Sep 26, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: S Corporation vs. LLC Partnership Logistics
Replies: 17
Views: 1516

Re: S Corporation vs. LLC Partnership Logistics

Even if you are one of the "non-eligible" service industry, you may get the deduction. In our previous conversation about S Corp and the Tax Reform and the QBI deduction, I never understood what "non eligible" means in this context. Non eligible for what, since "non eligible" industries may still g...
by gilgamesh
Tue Sep 25, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: S Corporation vs. LLC Partnership Logistics
Replies: 17
Views: 1516

Re: S Corporation vs. LLC Partnership Logistics

Even if you are one of the "non-eligible" service industry, you may get the deduction. In our previous conversation about S Corp and the Tax Reform and the QBI deduction, I never understood what "non eligible" means in this context. Non eligible for what, since "non eligible" industries may still g...
by gilgamesh
Mon Sep 24, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: S Corporation vs. LLC Partnership Logistics
Replies: 17
Views: 1516

Re: S Corporation vs. LLC Partnership Logistics

Will you be eligible for the additional 20% QBI/199A deduction as well? P.S: You also have to look at additional expenses, when you consider this. S-corp tax returns costs more. Payroll service charge. Unemployment and workers comp insurance costs...there might be others. We wont be eligible for th...
by gilgamesh
Mon Sep 24, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: S Corporation vs. LLC Partnership Logistics
Replies: 17
Views: 1516

Re: S Corporation vs. LLC Partnership Logistics

Will you be eligible for the additional 20% QBI/199A deduction as well?

P.S: You also have to look at additional expenses, when you consider this. S-corp tax returns costs more. Payroll service charge. Unemployment and workers comp insurance costs...there might be others.
by gilgamesh
Thu Aug 30, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

Gilgamesh, this link is precious, oooooooh WOW. I am waiting eagerly for the other page you mention--crossing fingers you can post it. Thanks in advance!! https://www.flickr.com/gp/10712628@N02/65v7qL I could not find the page. But here is a screen capture of the results I saved a while back... You...
by gilgamesh
Wed Aug 29, 2018 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

These historic figures may help https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later Gilgamesh, this link is p...
by gilgamesh
Wed Aug 29, 2018 8:35 am
Forum: Investing - Theory, News & General
Topic: Done saving for retirement according to firecalc?
Replies: 51
Views: 4884

Re: Done saving for retirement according to firecalc?

Assuming I don’t save another penny, my portfolio today will allow me to spend 125k starting at 59 (which is roughly 15 yrs away and would allow access to retirement funds) according to firecalc. Success is nearly 100% when I include ss and small pension. Portfolio would be 60% stocks and 40% bonds...
by gilgamesh
Wed Aug 29, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: thinking of paying off mortgage pls help
Replies: 52
Views: 3170

Re: thinking of paying off mortgage pls help

Condolences for your loss. After you receive the life insurance payment you will have $1.5M to draw on. You will need to sit down and sketch out how to manage this money. Don't just focus on the house, think holistically. Here are the steps I would take. 1. What is your current household spending? ...
by gilgamesh
Wed Aug 29, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: should i invest lump sum in a taxable retirement account
Replies: 19
Views: 2475

Re: should i invest lump sum in a taxable retirement account

Thanks so much for all the replies. I have a paid off mortage and no other debt. I have maxed out all IRA's , my investment ratio is 60/40 in my retirement accounts. I am not in the highest tax bracket. The 100,000.00 is from savings in a cash bank account. Some advised me to invest to match my inv...
by gilgamesh
Wed Aug 29, 2018 6:12 am
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

These historic figures may help https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later Gilgamesh, this link is p...
by gilgamesh
Sun Aug 26, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

These historic figures may help

https://personal.vanguard.com/us/insigh ... ns?lang=en

I can’t find a link to a page where you can set ant asset allocation and date range and it will give you the return. If I find it, will post later
by gilgamesh
Sun Aug 26, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

It is not that simple. Stocks and bonds pay dividends but their price also goes up and down (stocks get most of their growth from price appreciation, not dividends). You can't just do the math and figure out what interest rate you are going to get. Bond/stock funds will essentially always have a po...
by gilgamesh
Fri Aug 24, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

It is not that simple. Stocks and bonds pay dividends but their price also goes up and down (stocks get most of their growth from price appreciation, not dividends). You can't just do the math and figure out what interest rate you are going to get. Bond/stock funds will essentially always have a po...
by gilgamesh
Thu Aug 23, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

The only reason to switch from Schwab to Vanguard is if you are interested in “LifeStrategy Conservative Growth Fund” as Schwab doesn’t have quite the same product and certainly not at that low fee. This is an excellent option for those wanting a 60:40 stock exposure and wanting to just invest and f...
by gilgamesh
Wed Aug 22, 2018 5:08 am
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 1M
Replies: 117
Views: 14854

Re: How to Begin with 1M

Where was your $700,000 prior to moving to Schwab? Just want to be sure it’s all basis like all are assuming.

Also are you 100% certain you only earned $9,000 since you’ve started at Schwab ...easy to know, call/chat them and ask, it’s free.

Also, you don’t have any IRA, 401k, Roth etc right?
by gilgamesh
Wed Aug 15, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

I someday hope to live in a world where this thread isn't bumped every time the market is down. This is Frankenthread, it will never die :wink: :wink: As a noob 'round these parts, this left me very confused for quite a few minutes. Then I discovered that this thread was started in 2011. :oops: All...
by gilgamesh
Wed Aug 15, 2018 6:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7359
Views: 1545055

Re: U.S. stocks in freefall

I someday hope to live in a world where this thread isn't bumped every time the market is down. This is Frankenthread, it will never die :wink: :wink: As a noob 'round these parts, this left me very confused for quite a few minutes. Then I discovered that this thread was started in 2011. :oops: All...
by gilgamesh
Wed Aug 15, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps and Tax Reform

I used the word “threshold” loosely. I know what you meant... I did confuse QBI to the actual 20% deduction...now it makes sense. I was thinking of Roth too...max federal tax bracket below $315k is 19.2% (given max 199A deduction, possible with sole proprietor), with no state taxes might as well con...
by gilgamesh
Wed Aug 15, 2018 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps and Tax Reform

Currently there is a worksheet in the 2017 Form 1040 Instructions that limits the Line 29 (Self-employed health insurance deduction) to Line 12 (bussiness profit) - Line 27 (1/2 SE tax) - Line 28 (deductible self-employed retirement plan contributions). I think it is quite likely in the 2018 Form 1...
by gilgamesh
Wed Aug 15, 2018 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps and Tax Reform

... I haven't seen it mentioned that the retirement contribution is subtracted from the gross salary to get QBI, but it kind of makes sense to my layman's mind. gasdoc That's because it is not. The 199A deduction is lesser of 20% of QBI or 20% of taxable income. It's your taxable income that's esse...
by gilgamesh
Tue Aug 14, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps and Tax Reform

If it’s based off of QBI income alone the s-Corp to Sole proprietorship disadvantage will be more. But it is not. In a simple situation , most likely S-Corp will deduct QBI and sole proprietorship taxable income. Take a simple case of a service industry small bisiness owner having a net business inc...
by gilgamesh
Tue Aug 14, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps and Tax Reform

... I haven't seen it mentioned that the retirement contribution is subtracted from the gross salary to get QBI, but it kind of makes sense to my layman's mind. gasdoc That's because it is not. The 199A deduction is lesser of 20% of QBI or 20% of taxable income. It's your taxable income that's esse...
by gilgamesh
Sun Aug 12, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement accounts and physician SCorps and Tax Reform
Replies: 82
Views: 7237

Re: Retirement accounts and physician SCorps and Tax Reform

What's frustrating about how different entities are treated to me is how it could be changed a few years later, yet once an S-corp election is revoked one has to wait five years to wait to re-elect S- corp taxation. So, one could figure it all out now and then find themselves in an disadvantageous ...
by gilgamesh
Sun Jul 15, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

Somewhat...but it’s occupation dependent. I hear some programmers max out at age 50, many businesses take off very slow and could boom later. So, that curve can take various forms - but it is true, in general it also peaks at the Middle Ages. Whether that keeps the saving percentage the same is unl...
by gilgamesh
Sun Jul 15, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

It has a lot to do with how you spread your life cycle finance. Some spend it in high school - they spend their equity in having fun in their teens. They pay for it later. You and I decided on investing on education. We sacrificed our 20’s. I have employees that are sacrificing their 30’s - sad. As...
by gilgamesh
Sun Jul 15, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

It has a lot to do with how you spread your life cycle finance. Some spend it in high school - they spend their equity in having fun in their teens. They pay for it later. You and I decided on investing on education. We sacrificed our 20’s. I have employees that are sacrificing their 30’s - sad. As...
by gilgamesh
Sun Jul 15, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

A constant percentage savings, is as non-sensical as it gets for me. A value of a dollar varies through a person’s lifecycle. To me, it’s all about a ‘pseudo life cycle financial planning’. Saving more when that value of a dollar is less is the only way for me. I’ll be saving more than 50% of my ea...
by gilgamesh
Sun Jul 15, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

It has a lot to do with how you spread your life cycle finance. Some spend it in high school - they spend their equity in having fun in their teens. They pay for it later. You and I decided on investing on education. We sacrificed our 20’s. I have employees that are sacrificing their 30’s - sad. As...
by gilgamesh
Sun Jul 15, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

In your late 20’s, early 30’s when you finished your graduate studies, and then started investing almost 50% (including debt payment), were you thinking of early retirement? I was about acquiring things at that age with a side objective of saving for retirement, but was aggressive with student loan...
by gilgamesh
Sun Jul 15, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

In your late 20’s, early 30’s when you finished your graduate studies, and then started investing almost 50% (including debt payment), were you thinking of early retirement? I was about acquiring things at that age with a side objective of saving for retirement, but was aggressive with student loan ...
by gilgamesh
Sun Jul 15, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

A constant percentage savings, is as non-sensical as it gets for me. A value of a dollar varies through a person’s lifecycle. To me, it’s all about a ‘pseudo life cycle financial planning’. Saving more when that value of a dollar is less is the only way for me. I’ll be saving more than 50% of my ea...
by gilgamesh
Sun Jul 15, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 112
Views: 14238

Re: Saving 20% of paycheck isn't enough

A constant percentage savings, is as non-sensical as it gets for me. A value of a dollar varies through a person’s lifecycle. To me, it’s all about a ‘pseudo life cycle financial planning’. Saving more when that value of a dollar is less is the only way for me. I’ll be saving more than 50% of my ear...
by gilgamesh
Mon Jul 09, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Any new info on passthrough deductions for corp?
Replies: 5
Views: 649

Re: Any new info on passthrough deductions for corp?

There are lots of ambiguities that has not been clarified. For instance, for MFJ with taxable income of less than $315k, even for non-qualified service industries the 20% 199A deduction still applies. However the clarification needed is in how sole-Prop LLC and S-corp are treated. As it stands now, ...
by gilgamesh
Sat Jul 07, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 9936

Re: What rate of return are you using for retirement projections?

5% during accumulation phase. 3% real. Absolutely doesn’t matter, as if I fall short I work more and if I underestimated I retire early. In retirement, I rely on US treasury returns. I dare not assume anything else, when my working equity is zero and my life depends on not just return but sequence o...
by gilgamesh
Fri Jun 29, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. brokerages and retiring abroad
Replies: 47
Views: 5866

Re: U.S. brokerages and retiring abroad

Thanks for the replies everyone. In speaking with the Schwab representative, it sounds like your country of residence has an impact on what is permitted by the brokerage. If you are already out of the country and things are working fine with your current arrangement, there's probably no need to cha...
by gilgamesh
Thu Jun 28, 2018 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: U.S. brokerages and retiring abroad
Replies: 47
Views: 5866

Re: U.S. brokerages and retiring abroad

Updating this thread for US expats moving to or living in Canada... I am currently living in the US and have an IRA and taxable account and IRA account with Vanguard. I am planning a move to Canada in the next few month. Vanguard said they will freeze my account once I move, meaning I can keep or r...
by gilgamesh
Wed Jun 27, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: Is there a reversion to the mean for everything?
Replies: 29
Views: 1905

Re: Is there a reversion to the mean for everything?

It’s also about how quickly it reverts to the mean ...in the extreme, if it takes a century for RTM, what good is that? But, it doesn’t have to be a century...much less will make it utterly meaningless. Of course there has to be RTM, but what is the magnitude of “mean” and how quickly the markets wi...
by gilgamesh
Sun Jun 24, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Out Retirement Account vs Rollover to IRA
Replies: 35
Views: 2294

Re: Cash Out Retirement Account vs Rollover to IRA

$600k-$1M/year very soon...easy decision. Cash out, pay your debts and help out you siblings/parent...chump change compared to the future income/wealth, but what this “chump change” does now cannot be bought for even millions later - I mean the feeling of having helped out. P.S: unrelated...Watch ou...
by gilgamesh
Sun Jun 24, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: SEP v SIMPLE - Higher Employee Cost but Offset by Tax Savings?
Replies: 31
Views: 1808

Re: SEP v SIMPLE - Higher Employee Cost but Offset by Tax Savings?

I guess I used the wrong term. With safe harbor I could choose non-elective 3% ... this is identical in cost to my 3% simple IRA match. (Other than the cost of 401k, which is minimal with guideline.com and EF) I don’t have to do a total 4% match with safe harbor, if I opted for the 3% non-elective, ...
by gilgamesh
Sun Jun 24, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting your number---Now What?
Replies: 19
Views: 3075

Re: Hitting your number---Now What?

Once one saves all their lives, does all the right things ,and finally has enough money to retire----now what do due with that money to protect from losses and give you a very safe return (sleep well)----as little as it may be. Love to here from fellow Bogleheads on this topic. I don’t know how to ...
by gilgamesh
Sun Jun 24, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: SEP v SIMPLE - Higher Employee Cost but Offset by Tax Savings?
Replies: 31
Views: 1808

Re: SEP v SIMPLE - Higher Employee Cost but Offset by Tax Savings?

With taxable you will have $54.2k minus 32% to invest right? As compared to starting a SEP? Your $41k, plus $13.2k match you don’t have to make.

If you are planning to be in the 0% LTCG tax rate in retirement, the whole thing could get very interesting.