Search found 23 matches

by nakatomi
Mon May 13, 2019 8:23 pm
Forum: Forum Issues and Administration
Topic: For how long will the forum be around?
Replies: 94
Views: 7209

Re: For how long will the forum be around?

Until the "U.S. Stocks in Freefall" thread is locked :D
by nakatomi
Mon May 13, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Careers in art
Replies: 91
Views: 4717

Re: Careers in art

As some posters have pointed out, art careers might not have the predictability or clear onramp as careers in, say, technology or medicine, but can still be incredibly enriching and financially sound. I know of quite a few artists that were pushed into more traditional careers by worried parents, on...
by nakatomi
Sat Mar 30, 2019 7:48 pm
Forum: Personal Investments
Topic: Received 5498 from Fidelity, but not Vanguard
Replies: 3
Views: 351

Re: Received 5498 from Fidelity, but not Vanguard

Thanks for the helpful responses!
by nakatomi
Sat Mar 30, 2019 6:22 pm
Forum: Personal Investments
Topic: Received 5498 from Fidelity, but not Vanguard
Replies: 3
Views: 351

Received 5498 from Fidelity, but not Vanguard

My Backdoor Roth IRA is with Fidelity. They issued me a 5498 for the 2018 tax year. DW's Backdoor Roth IRA is with Vanguard but no 5498 has been received yet. Based on some online research and looking at past threads, it appears that Vanguard do not issue this document until after April 15. It seems...
by nakatomi
Sat Feb 02, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on windfall
Replies: 11
Views: 1004

Re: Advice on windfall

JGoneRiding wrote:
Sat Feb 02, 2019 5:46 pm
Though I might also use the money to "buy" more time at home with the kids
Yes DW has recently cut back on work hours, and both she and the kids have never seemed happier. It’s nice to see for sure.
by nakatomi
Sat Feb 02, 2019 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on windfall
Replies: 11
Views: 1004

Re: Advice on windfall

Most likely either you or your spouse inherited the money, not both or you. ... You may also want to talk to the lawyer about updating your wills ... If you don't already have it you should also get ample car insurance and an umbrella policy since you are more likely to be sued now that you have mo...
by nakatomi
Sat Feb 02, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on windfall
Replies: 11
Views: 1004

Re: Advice on windfall

It allowed us to “sleep well” over the last 20 years during which we experienced several unexpected job losses and market downturns. It also allows us to cash flow college expenses. Thanks for sharing your experience, especially the point about unexpected job loss. That has been on my mind as well.
by nakatomi
Sat Feb 02, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on windfall
Replies: 11
Views: 1004

Re: Advice on windfall

I would not personally invest in any 529s as I am not confident in what higher education will look like in close to two decades. I like the idea of freeing up cash flow and eliminating debt. However, with a 3.75%, I’m guessing I will be in the minority of responses. Yup exactly, been debating betwe...
by nakatomi
Sat Feb 02, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on windfall
Replies: 11
Views: 1004

Re: Advice on windfall

Personally I would 1) Pay off the mortgage enough so you can maintain your current payments and be done in 10 years. (Run the calculator and see how much interest this would save you). 2) Create an emergency fund (if you don't have one already) and stick 9 months of your living expenses in there. 3...
by nakatomi
Sat Feb 02, 2019 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Advice on windfall
Replies: 11
Views: 1004

Advice on windfall

DW and I recently inherited about $700k. We have parked the sum in various high yield savings accounts as we ponder next steps. I’ve read the wiki on managing a windfall and looked through some the old posts here as well. We are fortunate that we do not need the money for our day to day expenditures...
by nakatomi
Sun Feb 25, 2018 10:45 am
Forum: Personal Investments
Topic: Change of Ownership from Individual to Joint (Taxable Account)
Replies: 9
Views: 599

Re: Change of Ownership from Individual to Joint (Taxable Account)

I made a similar change from individual to joint ownership for a Vanguard taxable account a couple of years ago. No buying or selling of mutual funds was triggered; just the name on the account changed. However, the cost basis on the mutual funds prior to the account change disappeared. A phone call...
by nakatomi
Thu Feb 08, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"
Replies: 14
Views: 2187

NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"

"We All Have a Stake in the Stock Market, Right? Guess Again" https://www.nytimes.com/2018/02/08/business/economy/stocks-economy.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=b-lede-package-region®ion=top-news&WT.nav=top-news A whopping 84 percent of all stocks owned by Am...
by nakatomi
Thu Feb 02, 2017 12:33 am
Forum: Personal Investments
Topic: Should I sell my ESPP shares?
Replies: 2
Views: 809

Re: Should I sell my ESPP shares?

Thanks! I'm leaning towards selling too - and reinvesting in an index fund
by nakatomi
Wed Feb 01, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 248
Views: 60611

Re: A Returns Spreadsheet for Bogleheads

@nakatomi, could you share how you customize it. Hi Peculiar_Investor - Sorry didn't see this earlier as I was traveling. Basically, added a column to the 'Portfolio' tab called 'Enabled', in which a value of 1 means enabled, and 0 means disabled. Next, I modified the Balance column for each accoun...
by nakatomi
Wed Feb 01, 2017 6:04 pm
Forum: Personal Investments
Topic: Should I sell my ESPP shares?
Replies: 2
Views: 809

Should I sell my ESPP shares?

I have about $5k in ESPP shares bought fifteen years ago sitting in an unused ETrade account. Purchased at $10 and stock is now sitting around $40, where it has been for a few years. This is about 2% of my portfolio. I would like to consolidate accounts, and am wondering whether I should sell the sh...
by nakatomi
Sun Sep 11, 2016 12:31 am
Forum: Personal Consumer Issues
Topic: Backup Solution for Canon T6i Wifi Camera?
Replies: 6
Views: 769

Re: Backup Solution for Canon T6i Wifi Camera?

If you enable the iCloud Photo sharing on your iPhone or use Google Photos app, you should be able to wireless sync from your t6i to your iPhone and have the files safely backed up to the cloud. This will only work with Jpg files I think.
by nakatomi
Mon Mar 07, 2016 1:05 pm
Forum: Investing - Theory, News & General
Topic: "Are Nondeductible IRAs Suitable for the Long Haul? "
Replies: 2
Views: 544

Re: "Are Nondeductible IRAs Suitable for the Long Haul? "

Thanks for the article. Reading it led me to this linked video (http://www.morningstar.com/cover/videocenter.aspx?id=741998) in which Kitces mentions (around 12:20 in the video) that he knows a "couple" of clients who got audited by the IRS and they were explicitly told that it was not "appropriate"...
by nakatomi
Sat Feb 20, 2016 1:58 pm
Forum: Investing - Theory, News & General
Topic: A Returns Spreadsheet for Bogleheads
Replies: 248
Views: 60611

Re: A Returns Spreadsheet for Bogleheads

Longinvest: Thanks for this great spreadsheet. I've got it up and running for my accounts and it's very helpful. I have a suggestion for future versions: please include an 'Enable/Disable' switch for each account. Such a switch would be really helpful in the data entry phase because it would allow o...
by nakatomi
Sun Feb 14, 2016 7:57 pm
Forum: Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 1341

Re: Help with Portfolio (Re)allocation

My apologies for the confusion, and thank you for the revised suggestion. I've amended my original post to use VBTIX.
25% (VBTIX) Vanguard Total Bond Market Index Fund Institutional Shares (0.20%) <-- Is it still 0.20% or is it the retail rate of 0.06%?
ER is .06%
by nakatomi
Sun Feb 14, 2016 1:57 pm
Forum: Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 1341

Re: Help with Portfolio (Re)allocation

Duckie, I really appreciate you giving me a sample portfolio to work off! It helps considerably. I'd move his Roth IRA to Vanguard. TISM is a better fund than Global-ex. Thanks for the tip, been thinking about doing this. Is it mainly the lower cost that makes TISM better? In her 403b what interest ...
by nakatomi
Sat Feb 13, 2016 11:14 am
Forum: Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 1341

Re: Help with Portfolio (Re)allocation

Thanks bpdb - I'll incporporate your suggestions. Any other thoughts?
by nakatomi
Fri Feb 12, 2016 10:09 pm
Forum: Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 1341

Re: Help with Portfolio (Re)allocation

Thanks for the comments, in_reality. Her 403b portfolio was set up to be standalone, that's why it has the bonds and Intl funds. Definitely agree that I can compensate for those holdings in other accounts with better ERs. Good starting point.
by nakatomi
Fri Feb 12, 2016 3:02 pm
Forum: Personal Investments
Topic: Help with Portfolio (Re)allocation
Replies: 10
Views: 1341

Help with Portfolio (Re)allocation

Dear Bogleheads, Hello from another member of the "silent majority"! This is my first post but I've enjoyed reading and researching this forum for a few years now. Many thanks to all posters for all the brilliant advice and community on these boards. As for me, I'm recently married, and am trying to...