Search found 787 matches

by CppCoder
Sat May 12, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Time Span Between Job Changes
Replies: 16
Views: 1363

Re: Time Span Between Job Changes

Every six months to a year, time after time is ridiculous. One can hardly become fully productive in six months unless it is a low-level job. Unless megacorp plans for you to be the CEO, and then, this is the the job change schedule, albeit all internal jobs. This way, the chosen one is never in a ...
by CppCoder
Fri May 04, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 91
Views: 8710

Re: Warning: avoid Windows 10 update 1803

Windows 10 has tried to update my PC every day for the last several weeks (except for a two week long stretch when I disabled the service). In addition my DVD drive disappeared, but is now back. Its also a real pain if I have Excel files open, because it creates recovery versions on restart 2018-03...
by CppCoder
Sat Apr 21, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: Mega Backdoor & Pro rata rule
Replies: 10
Views: 766

Re: Mega Backdoor & Pro rata rule

Remember, the pro rata on a mega backdoor Roth is only against the after tax portion of your 401k, not against your entire pretax 401k balance. Another strategy is simply to minimize the gains in the after tax subaccount (i.e., conversion soon after contribution, slowly appreciating assets) and roll...
by CppCoder
Sat Apr 21, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Best Way to Decline an International Job Assignment
Replies: 23
Views: 1675

Re: Best Way to Decline an International Job Assignment

Here's my take. I go to work to lead the life I want, not to further megacorp's agenda. When megacorp asks me to do things that are inconsistent with how I want to live my life, I say no, and usually I just say that I don't want to do that. Will they terminate me over it? No. Will it limit my upward...
by CppCoder
Sat Apr 14, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Lazy Portfolio - Using Fidelity ETF's Vs Vanguard ETF's
Replies: 29
Views: 2684

Re: Lazy Portfolio - Using Fidelity ETF's Vs Vanguard ETF's

I'd probably go with the Fidelity mutual fund equivalents in the IRA:

ITOT = FSTVX
IXUS = FTIPX
AGG = FSITX
FREL = FSRVX

That will at least keep you from running into wash sale problems between the taxable account and IRA. I'm mutual fund biased, and it's just a preference, so others may disagree.
by CppCoder
Sat Apr 07, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: decided on 3 fund portfolio
Replies: 12
Views: 882

Re: decided on 3 fund portfolio

Two points:
  • Do they have similar risk profiles? (i.e., Are the underlying assets and asset percentages similar?)
  • Past performance is not predictive of future performance.
by CppCoder
Fri Apr 06, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Are we in bear territory?
Replies: 49
Views: 6214

Re: Are we in bear territory?

I don't think I'm in bear territory, but I'm told an alligator shows up on the golf courses every now and again.
by CppCoder
Fri Apr 06, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4692

Re: What is Megacorp?

E Corp. What, does no one else watch Mr. Robot?
by CppCoder
Fri Apr 06, 2018 5:01 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 4692

Re: What is Megacorp?

bottlecap wrote:
Fri Apr 06, 2018 1:19 pm
It’s safe to say that Megacorp is represented by Big Law.

Proceed accordingly.

JT
And has its books audited by one of the Big Four... :happy
by CppCoder
Sun Apr 01, 2018 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll over Roth 401(k) to Roth IRA?
Replies: 12
Views: 946

Re: Should I roll over Roth 401(k) to Roth IRA?

My initial (dream) thought: my Megacorp (non-Roth) 401(k) --> roll over --> personal Vanguard traditional IRA --> backdoor Roth --> personal Vanguard Roth IRA. If you did this it would not be a "backdoor Roth". It would be just a standard conversion. If rolling to Vanguard would result in lower fee...
by CppCoder
Sun Apr 01, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 2121

Re: Money Market Accounts

Depending on your marginal tax rate, you can also choose a municipal money market fund to avoid paying income tax on the interest. It will inherently have a lower interest payment and is therefore only suitable for high tax brackets. With your $10k savings, I doubt you're in a tax bracket that would...
by CppCoder
Sun Apr 01, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: Nice article on saving money and financial independence
Replies: 36
Views: 5234

Re: Nice article on saving money and financial independence

scrabbler1 wrote:
Sun Apr 01, 2018 10:41 am
She probably needs to get to age ~65 (or a little lower) intact when SS income can supplement her current nonwage income. I think she can do it.
I didn't bother reading the article, but if she's not paying in enough to social security, she won't be getting much/anything back at 65.
by CppCoder
Sun Apr 01, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: 529 - guaranteed return - too good to be true ?
Replies: 3
Views: 364

Re: 529 - guaranteed return - too good to be true ?

It doesn't work in all states (not all states offer state income tax deductions, not all states even have state income taxes), but where it works, go for it. In addition to checking that immediate withdrawals are allowed, be aware that the state probably caps the deductible amount as well.
by CppCoder
Sun Apr 01, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Hit by AMT due to 1 year RSU vesting cliff
Replies: 29
Views: 2520

Re: Hit by AMT due to 1 year RSU vesting cliff

I do wish that the IRS would be more forthcoming with what can actually trigger AMT. I know what you mean. I've just been sending the government random AMT tax amounts every year, hoping I got it right. Those sneaky bureaucrats never tell you anything: https://www.irs.gov/forms-pubs/form-6251-alter...
by CppCoder
Mon Mar 26, 2018 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Online High Interest Savings Accounts
Replies: 17
Views: 2301

Re: Online High Interest Savings Accounts

I've used Personal Savings at American Express for years and have been happy with them. I was particularly impressed with their handling of a few wire transfers around house down payments. The six transactions thing per month is a regulation, so you won't find any savings accounts that get you aroun...
by CppCoder
Sun Mar 25, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: [Moving out of CA. What city has decent weather?]
Replies: 46
Views: 6324

Re: So special about the Bay area

Pacific northwest seems nice. The Nashville area has decent weather, decent jobs, and no state income tax. I've always thought the research triangle in North Caroline is nice. Northern Virginia is pretty moderate and close to the ocean. I like Pittsburgh, but if you don't like the MA winters, the PA...
by CppCoder
Sat Mar 24, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity SMA (Separately Managed Account)
Replies: 8
Views: 688

Re: Fidelity SMA (Separately Managed Account)

I have heard about tax loss harvesting ... but not sure I'm even completely told on that. You take the tax loss today, but doesn't that just lower the cost basis for later? I guess if you'll hold till death, than that may not matter. However, we are in the 24% tax bracket, and a state with NO incom...
by CppCoder
Thu Mar 22, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: can I afford 850K house ?
Replies: 13
Views: 2630

Re: can I afford 850K house ?

Assuming your income is stable, you can afford it in the sense that your income is sufficiently high to make the payments. You might compare the purchase against your net worth to see if you are comfortable with the fraction of your wealth tied up in your house. My question is why are you sealing yo...
by CppCoder
Sat Mar 17, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 16797

Re: Bought house six months ago - now feeling like we're treading water and can't save money

This is why you are supposed to ask Klangfool before buying if you can afford this house. No, the answer is always no. :D In all seriousness, your house seems to be a reasonable expense, you have a reasonable retirement savings rate, and you have room to cut if you had to (e.g., personal trainer, ch...
by CppCoder
Sat Mar 17, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Soft boxer shorts for men
Replies: 28
Views: 2645

Re: Soft boxer shorts for men

I kid you not, I've been searching online and looking in stores for months. After I posted I quickly found these: https://www.duluthtrading.com/store/product/mens-free-swingin-flannel-boxers-94230.aspx?wpc=BBK&tall=N&src=GPSHPMN&gclid=EAIaIQobChMIv4mSzID02QIVgpF-Ch2j8w38EAQYASABEgKd8fD_BwE Ordered ...
by CppCoder
Sat Mar 17, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: 20% of US population are millionaires !!!
Replies: 16
Views: 2652

Re: 20% of US population are millionaires !!!

I saw a recent article that said 1 out of 20 is a millionaire. Maybe OP's friend saw the above statistic, is amazingly bad in math, and thought 1/20 was 20%. Math skills like those would make reaching millionaire status in one's 30s a truly astonishing feat. Of course, if his math skills are this b...
by CppCoder
Fri Mar 16, 2018 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: What are the jobs with the best medical insurance?
Replies: 51
Views: 3704

Re: What are the jobs with the best medical insurance?

I'm very fortunate. My megacorp offers retiree medical at 55. You can keep it until medicare age, and then you switch to a medicare supplement plan. The insurance is quite good and offered at a reasonable cost. Megacorp provides insurance through a major provider, but it is a self-funded plan, so I...
by CppCoder
Fri Mar 16, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with 1 million in hand..
Replies: 23
Views: 3679

Re: what to do with 1 million in hand..

VGT- VANGUARD INFORMATION. // Im in IT field, so I bought this one, since March 2017, making good money, VHT- VANGUARD HEALTH CARE ETF. // wife is in in bio tech, so I bought this one, since March 2017, making some money, VNQI-VANGUARD GLBL EX-US REAL // ok, I dont really know why I bought this one...
by CppCoder
Fri Mar 16, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with 1 million in hand..
Replies: 23
Views: 3679

Re: what to do with 1 million in hand..

- Primary house is worth 2.4 million and we have about 1.15 million mortgage balance on it, monthly pay is $5100 NOT including property tax. 3% rate. Property tax (about 20K/year) is covered by our annual bonuses. We are thinking of paying off 800K mortgage, so each month our mortgage payment will ...
by CppCoder
Fri Mar 16, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: What are the jobs with the best medical insurance?
Replies: 51
Views: 3704

Re: What are the jobs with the best medical insurance?

To answer the OP's original question, any job in Canada :). This is not meant to be a political statement. Quality/availability of health care coverage (at least relative to others citizens) is not really a relevant question in many countries. If OP is mobile, a real choice could be to consider diff...
by CppCoder
Fri Mar 16, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are the jobs with the best medical insurance?
Replies: 51
Views: 3704

Re: What are the jobs with the best medical insurance?

An important consideration is insurance into retirement, especially pre-medicare age. Private employment pretty much leaves you high and dry in that department. I know people on Federal Employees Health Benefits that are golden. Yes - a gneration or two ago, some Megacorps had outstanding health in...
by CppCoder
Fri Mar 16, 2018 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 529 Accounts - Son got full scholarship!
Replies: 54
Views: 5356

Re: Help with 529 Accounts - Son got full scholarship!

Given that unused 529 funds can be withdrawn by the beneficiary in his/her tax bracket, assuming you want the money to go to your son, I would probably at least withdraw the penalty free amount (scholarship or military benefit equivalent) up to either his limit in the 10% or 15% income bracket (assu...
by CppCoder
Thu Mar 15, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 14492

Re: Large life style creep that was completely worth it

I'm looking to buy time, so I eventually plan to "buy" early retirement.
by CppCoder
Thu Mar 15, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Pay capital gains for house downpayment?
Replies: 10
Views: 831

Re: Pay capital gains for house downpayment?

I second the idea of selling your taxable assets for the purchase of the down payment. Consider the alternative, you could have saved your $12,000 in an online savings account at 1% interest. After 10 years of that spectacular interest, you could have had a little more than a whopping $13,000, but w...
by CppCoder
Wed Mar 14, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: can one contribute to roth IRA before the income is earned
Replies: 4
Views: 638

Re: can one contribute to roth IRA before the income is earned

I expect to have some W2 income later this year. Before I actually receive the income and have it my hands, can I make Roth IRA contribution now based on the expection of this income? Yes, but how confident are you that the W2 income will materialize? If it doesn't, you'll need to correct the contr...
by CppCoder
Wed Mar 14, 2018 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA possible
Replies: 4
Views: 554

Re: Backdoor Roth IRA possible

WhiteLightning wrote:
Wed Mar 14, 2018 6:33 pm
Did I do something wrong?
Yes, you evidently picked a terrible "tax professional." :twisted:
by CppCoder
Mon Mar 12, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 62
Views: 4393

Re: Need help on car decision: Honda CRV vs luxury car used

I was wondering what Bogleheads thought at this price range what is the better car to get - new Honda CRV or 2-3 yr old premium SUV? What's nice about a new car is all the new latest technology. But a 2-3 yr old premium car could be very nice too. I buy Lexus RXs for under $30K and drive them into ...
by CppCoder
Mon Mar 12, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 62
Views: 4393

Re: Need help on car decision: Honda CRV vs luxury car used

We've owned a Civic, an Accord, a CR-V, and an Odyssey. Maybe you want a smaller vehicle, or maybe your Odyssey is ready for the great parking lot in the sky, but In my opinion, the CR-V is a big downgrade from the Odyssey. For whatever reason, I was just never able to get comfortable in the CR-V. T...
by CppCoder
Sat Mar 10, 2018 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Where to get money for down payment?
Replies: 13
Views: 1127

Re: Where to get money for down payment?

Regardless of what you intend to do to finance your loan, sell the RSUs now. Always sell the RSUs on vesting day. You pay income tax on the basis on the day of vesting regardless (probably via the company automatically selling some fraction of your vested shares). If you sell immediately, you have n...
by CppCoder
Sat Mar 10, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: What purpose (if any) does an ETF tracking the oil price have in a portfolio?
Replies: 14
Views: 1196

Re: What purpose (if any) does an ETF tracking the oil price have in a portfolio?

The only sensible scenario I can think of would be for someone that wants to hedge oil prices. For example, I work in the upstream oil business. I've sometimes wondered if it would make sense for me to short oil to hedge against the income loss I have associated with a drop in oil prices. I'm sure ...
by CppCoder
Mon Mar 05, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable to cash
Replies: 3
Views: 579

Re: Taxable to cash

If you need the whole amount, you need the whole amount, so sell it all. If you don't need the whole amount, sell the lots that will incur the lowest combined capital gains and still leave you with an acceptable asset allocation from a risk tolerance standpoint.
by CppCoder
Mon Mar 05, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: After tax 401(k) to Roth IRA?
Replies: 17
Views: 963

Re: After tax 401(k) to Roth IRA?

Everything I read says I should have gotten two checks and contributed the ten dollars to my IRA and the $8,000 to the Roth IRA. I did not get two checks and, more importantly, I have already maxed out my $6,500 contribution to my IRA (and back-doored this into my Roth IRA). Any suggestions? Hef If...
by CppCoder
Mon Mar 05, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: After tax 401(k) to Roth IRA?
Replies: 17
Views: 963

Re: After tax 401(k) to Roth IRA?

Everything I read says I should have gotten two checks and contributed the ten dollars to my IRA and the $8,000 to the Roth IRA. I did not get two checks and, more importantly, I have already maxed out my $6,500 contribution to my IRA (and back-doored this into my Roth IRA). Any suggestions? Hef If...
by CppCoder
Sun Mar 04, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient term life insurance for DW?
Replies: 18
Views: 1286

Re: Sufficient term life insurance for DW?

I really hate buying insurance on products I don't really need just because people think it is a good idea. How many single parents do you know who are single not due to a death? Do these people seem to manage their childcare without a life insurance policy? Yes, some may have costs defrayed from ch...
by CppCoder
Sat Mar 03, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Sufficient term life insurance for DW?
Replies: 18
Views: 1286

Re: Sufficient term life insurance for DW?

Do you need insurance to cover the cost of childcare in the event of your wife's demise or can you cover that on your salary? Would her demise cause you to change jobs? We don't carry any life insurance on my wife. If she weren't here, I'd be sad, but no worse off financially. I would need to pay fo...
by CppCoder
Sat Mar 03, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: [Manuka honey]
Replies: 36
Views: 2685

Re: [Manuka honey]

We had a doctor recommend honey for a wound treatment. If I recall correctly, all honey has both an antibiotic and an antiseptic property. It's why you can eat 10,000 year old honey. It's naturally self-preserving. The manuka honey is claimed to have a higher degree of these properties due to its ch...
by CppCoder
Thu Mar 01, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to buy bonds?
Replies: 11
Views: 1099

Re: How to buy bonds?

If you don't know much about buying bonds, I highly recommend starting on this page at Fidelity: https://www.fidelity.com/mutual-funds/fidelity-funds/overview Click the index tab, and look at your fixed income options on the right under "bond." If you need to ask how to buy bonds, you need to only b...
by CppCoder
Wed Feb 28, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Max 401k or contribute to ESPP
Replies: 40
Views: 1868

Re: Max 401k or contribute to ESPP

As I pointed out above, the ESPP is essentially the company just giving you money on the spread. If your company instead posed the question as, "we offer a six month CD that pays 15% on maturity," would you turn around at maturity and buy their stock with your principal plus interest or would you do...
by CppCoder
Tue Feb 27, 2018 9:45 pm
Forum: Personal Consumer Issues
Topic: Mobile Deposit Bank Fraud
Replies: 36
Views: 2689

Re: Mobile Deposit Bank Fraud

This happened to my wife once (someone altered a check), and the bank reversed the charge the next day. My wife also filed a police report, and subsequently, the perpetrator was arrested. I don't know what happened to the case. My wife was not called as a witness (yet?).
by CppCoder
Tue Feb 27, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Max 401k or contribute to ESPP
Replies: 40
Views: 1868

Re: Max 401k or contribute to ESPP

I don't understand a discounted ESPP with no holding period. Isn't that essentially equivalent to someone just giving you cash up to a maximum amount? Company: You can buy up to $10,000 of our stock for $8,500 and sell right away. Employee: OK, here's $8,500, sell immediately for $10,000, pocket $1,...
by CppCoder
Tue Feb 27, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: A quick and probably dumb question
Replies: 7
Views: 523

Re: A quick and probably dump question

Tech wrote:
Tue Feb 27, 2018 9:19 pm
401K account. "Just relocate" Is there a feature to do on VG ?

Yes, I know bond not stay in taxable account. :sharebeer
If it's in your 401k, you will not have any capital gains. Just do a mutual fund exchange (simultaneously sell 20% of one and buy the other).
by CppCoder
Tue Feb 27, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: A quick and probably dumb question
Replies: 7
Views: 523

Re: A quick and probably dump question

I'll assume this is in a taxable account, otherwise the question is moot. The next question to ask is over what time frame are you hoping to rebalance the portfolio? If you are trying to do this gradually, just send new contributions to VBTLX (including VTSAX distributions). If you are trying to do ...
by CppCoder
Mon Feb 26, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Sweet Spot For SEER Rating
Replies: 29
Views: 2321

Re: Sweet Spot For SEER Rating

We live in a similar climate and have a 3000+ sq ft McMansion. We have Trane (aka American Standard) systems, one for upstairs and one for downstairs. We pay about $250 a year for heating and $450 a year for cooling. Our AC systems date from 1993 and 2004. They are 13 SEER. I am going to get a 14 S...
by CppCoder
Sun Feb 25, 2018 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Push with Tax Law Changes (Money Mag Article)
Replies: 23
Views: 2605

Re: Roth Conversion Push with Tax Law Changes (Money Mag Article)

If they will continue being in the highest marginal bracket indefinitely, then they will pay 37% to take it out forcibly through RMDs. At least with a conversion, they pay the 37% they would have had to pay anyway but get to keep it in Roth. The real question is how long will they be in this bracket...
by CppCoder
Sat Feb 24, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth technical question
Replies: 9
Views: 434

Re: Backdoor Roth technical question

Ok then say I “hide” the $94000 but there is another smaller sum in there from a different after tax contribution Can I do the $5500 back door conversion for 2018 with the other after-tax contribution in there? What does "hide" your contributions mean? I would never endorse a technique to "hide" co...