Search found 807 matches

by CppCoder
Fri Aug 17, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Continue flood insurance after mortgage paid off?
Replies: 15
Views: 955

Re: Continue flood insurance after mortgage paid off?

mouses wrote:
Fri Aug 17, 2018 7:56 pm
Update after reading previous post: add in subsistence, so three factors in favor of flooding.
Subsidence?
by CppCoder
Thu Aug 16, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: High tax bracket - Go 100% Roth in tax advantaged?
Replies: 45
Views: 3322

Re: High tax bracket - Go 100% Roth in tax advantaged?

For high income earners with high savings rates, I like Roth. First, it essentially opens up more tax deferred space as 18.5k post tax is "bigger" than 18.5 pre tax. Second, when you're already saving so much money, unless you drastically change your habits in retirement, you won't spend it in retir...
by CppCoder
Thu Aug 16, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a 529 question
Replies: 2
Views: 246

Re: Starting a 529 question

There are pros and cons to any investment. You can read extensively about opinions on this forum about 529s with the search button, and the best place I've found to do individual 529 research is https://www.savingforcollege.com That said, in my opinion, high income/high net worth people (defined in ...
by CppCoder
Thu Aug 16, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Moving within Fidelity
Replies: 12
Views: 1388

Re: Moving within Fidelity

FSIVX is EAFE indexed. I believe it is large cap and developed markets only. Fidelity has other international funds that include mid cap, small cap, and emerging markets. The international zero fund does not have exposure to small cap stocks, but does have exposure to emerging markets. If you want a...
by CppCoder
Thu Aug 16, 2018 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting international funds at Fidelity
Replies: 12
Views: 621

Re: Tax loss harvesting international funds at Fidelity

In addition to Duckie's recommendation for FSGDX, if you are interested in a mutual fund, you could try Fidelity's new FZILX, Fidelity ZERO International Index Fund. This fund is tracking Fidelity's own total international index of developed and emerging market large and mid caps. It has a $0 minimu...
by CppCoder
Thu Aug 02, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 4441

Re: Which diet soda pop do you enjoy?

Coke Zero Sugar (and its variants). How can people claim Coke Zero to be their favorite without knowing that Coke changed the name a few months ago? :happy I also like Diet Mountain Dew. I believe this to be a requirement of anyone who writes software. :beer <- coke zero sugar, not a beer. Since we'...
by CppCoder
Wed Aug 01, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Lump sum over annuity?
Replies: 3
Views: 482

Re: Lump sum over annuity?

I give everyone who asks this question the same advice: An annuity is an insurance product. You are insuring against running out of money (the lump sum). The insurer is your employer/PBGC. You need to ask yourself three questions: Do you want/need this insurance policy? Do you trust the solvency of ...
by CppCoder
Fri Jul 27, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pension-Lump Sum or Monthly Payments?
Replies: 16
Views: 1614

Re: Pension-Lump Sum or Monthly Payments?

In my opinion, lump sum versus annuity is an insurance question. Do you want to insure against the possibility of running out of money. If the answer is no, and you are capable of managing a lump sum, I vote lump sum. If that issue concerns you, take the insurance policy (annuity), provided you trus...
by CppCoder
Wed Jul 25, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in guaranteed return or stock market?
Replies: 73
Views: 3269

Re: Invest in guaranteed return or stock market?

4% real or nominal? Nominal, probably not, especially if the investment were illiquid. Real, yeah, I might go for it (respecting the assumption that it is as safe as a treasury). Thanks. This is because you expect more than a 4% nominal return by investing in the market, but less than a 4% real ret...
by CppCoder
Wed Jul 25, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Invest in guaranteed return or stock market?
Replies: 73
Views: 3269

Re: Invest in guaranteed return or stock market?

4% real or nominal? Nominal, probably not, especially if the investment were illiquid. Real, yeah, I might go for it (respecting the assumption that it is as safe as a treasury).
by CppCoder
Sat Jul 07, 2018 8:24 pm
Forum: Personal Consumer Issues
Topic: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?
Replies: 95
Views: 5618

Re: Honda Accord Maintenance at 3 Years - Am I Getting Hosed?

I disagree with many of the other posters. You were not hosed. You got charged what a dealer charges you for these services. The dealer has to pay rent, pay salaries/benefits, buy specialized equipment, can charge a premium for being an official Honda shop, etc. For their overhead and specialty, the...
by CppCoder
Sun Jun 17, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Investment book recommendations?
Replies: 12
Views: 1133

Re: Investment book recommendations?

oldcomputerguy wrote:
Sat Jun 16, 2018 1:53 pm
The Bogleheads Guide to Investing (the link takes you there via the Bogeheads "support this site" link)
+1. I've read quite a few personal investment books. I still think this is the best one for the average person just getting started.
by CppCoder
Sun Jun 17, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 7204

Re: can we afford to spend $20K on travel annually

Go for it. For less than $10k, you can do a week long Disney cruise!
by CppCoder
Sat Jun 16, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: iShares lowers expense ratios on bond ETFs
Replies: 6
Views: 540

iShares lowers expense ratios on bond ETFs

Did anyone else notice that BlackRock significantly reduced the expense ratios of some of their bond ETFs effective June 1? Here's an article listing the funds: http://www.etf.com/sections/features-and-news/ishares-slashes-bond-etf-fees?nopaging=1 Of particular note (to me, anyway) was the reduction...
by CppCoder
Mon Jun 11, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: WSJ-- Next Stop for Mutual-Fund Fees: Zero
Replies: 40
Views: 4391

Re: WSJ-- Next Stop for Mutual-Fund Fees: Zero

Why are there Bogleheads here saying they don't mind it not being 0? :shock: If the difference between what it is now and zero is "miniscule" or "noise," then why not just have it be zero? For me, it's because reasonable customer service and reliable IT have real costs. I'd rather not scrimp on som...
by CppCoder
Thu May 31, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 30828

Re: The Side Hustle

I'm a research engineer. When I was younger (late 20s), I used to teach graduate applied math classes at night at a university. I did it for fun (I like teaching), but it actually paid pretty well. I stopped doing that after I got married. Recently, I wrote and published a programming book. I did th...
by CppCoder
Sat May 26, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: Rowing machine
Replies: 32
Views: 2673

Re: Rowing machine

Another vote for Concept 2. I'm nearing my first million meters and am looking forward to my free T-shirt!
by CppCoder
Sat May 26, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Move "after tax" 401K contributions to Roth?
Replies: 9
Views: 952

Re: Move "after tax" 401K contributions to Roth?

A 401k with this function likely allows a rollover of any pretax IRA assets into the 401k too. If so (or if you don’t have any) there’s nothing stopping you from a backdoor Roth every year. Why would you infer that? Mine allows after-tax in-service withdrawals, but I cannot rollover funds from a tI...
by CppCoder
Tue May 22, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 6406

Re: How have you upgraded your wardrobe?

Also, well made and up to date clothing lasts and looks good for a number of years, so that the initial cost can be spread out longer (I have found) than with inexpensive, poorer quality or fashion-insensitive items. My problem with that approach is that my clothes tend to be retired due to stains ...
by CppCoder
Mon May 21, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire? Input and advice is welcome!
Replies: 29
Views: 3944

Re: Can I retire? Input and advice is welcome!

My Financial Journey wrote:
Mon May 21, 2018 12:34 pm
Im currently in Bangkok.
Just out of curiosity, did you find that after one night, the world was your oyster? :twisted:
by CppCoder
Sat May 12, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Time Span Between Job Changes
Replies: 16
Views: 1531

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: 96
Views: 11180

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: 902

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: 1907

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: 3561

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: 1021

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: 6452

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: 5060

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: 5060

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: 1738

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: 2925

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: 5504

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: 420

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: 2698

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: 2495

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: 6680

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: 1019

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: 2856

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: 17897

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: 2838

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: 2820

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: 3944

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: 3849

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: 3849

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: 3944

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: 3944

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: 5707

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: 15293

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: 883

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: 713

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...