Search found 1777 matches

by TropikThunder
Mon Nov 11, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Morningstar's active bond ratings article
Replies: 17
Views: 1148

Re: Academics accuse Morningstar of misclassifying bond funds

nisiprius wrote:
Mon Nov 11, 2019 4:38 pm
Morningstar is not being blamed for its methodologies, it's being blamed for not verifying the integrity of its data sources.
It’s as if all they read was the headline. :P
by TropikThunder
Sun Nov 10, 2019 8:52 pm
Forum: Personal Investments
Topic: Need advice on maximum IRA contributions - possible oops!
Replies: 8
Views: 421

Re: Need advice on maximum IRA contributions - possible oops!

retiredjg wrote:
Sun Nov 10, 2019 3:57 pm
What? :shock: :shock: :shock: :shock:

Even if you're right (and I don't doubt that), it just feels all wrong.
No idea which post you’re referring to.
by TropikThunder
Sun Nov 10, 2019 1:12 am
Forum: Personal Investments
Topic: HSA Question
Replies: 11
Views: 775

Re: HSA Question

She has a non-high deductible plan and will not be contributing a typical FSA, but will be maxing her dependent care FSA for day care. It was my understanding that this shouldn’t impact my HSA. This is correct. To steal a phrase from Nisiprius: - Dependent care FSA or limited purpose FSA + HSA = ha...
by TropikThunder
Sat Nov 09, 2019 6:47 pm
Forum: Personal Investments
Topic: HSA Question
Replies: 11
Views: 775

Re: HSA Question

My wife and I are on separate health insurance plans through our work and I plan to add my newborn son under my plan during upcoming open enrollment. If I do an HSA for me and my son, can I still max out out the full $7000 for a family? Since she is on her own insurance, I wasn’t sure if this would...
by TropikThunder
Sat Nov 09, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Morningstar percentile rank - VTSAX, VBAIX, VIIIX etc
Replies: 20
Views: 1137

Re: Morningstar percentile rank - VTSAX, VBAIX, VIIIX etc

All of you have part of the correct story: VIIIX consistently ranks in the top quartile, and M* is using the term “percentile” wrong. No one else (to my knowledge) is using percentile the way M* is. For example, a test score that is greater than 75% of the scores of people taking the test is said to...
by TropikThunder
Fri Nov 08, 2019 1:18 pm
Forum: Investing - Theory, News & General
Topic: Bond yield too low, how about high yield stock?
Replies: 24
Views: 1760

Re: Bond yield too low, how about high yield stock?

Some might argue the stock might drop. But you can re-invest dividend and buy at discount. The only reason to focus on high yield stocks is if you want/need the income and have a psychological aversion to selling shares. High yield funds don’t outperform the broad market in total return (although t...
by TropikThunder
Thu Nov 07, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Selling to Carmax: Fix then Quote vs. Quote then Fix
Replies: 23
Views: 1891

Re: Selling to Carmax: Fix then Quote vs. Quote then Fix

- get the quote, then sell without fixing Pretty sure its this in many cases. You could spend a lot of money on minor fixes (especially if paying labor) for things that Carmax doesn't care about. +1. You'll never get back the money you spend making their targeted repairs since they'll only value th...
by TropikThunder
Thu Nov 07, 2019 10:56 pm
Forum: Personal Investments
Topic: Is a $36 fee per year worth paying on my HSA so that money can grow in the market?
Replies: 21
Views: 1737

Re: Is a $36 fee per year worth paying on my HSA so that money can grow in the market?

MotoTrojan wrote:
Thu Nov 07, 2019 10:44 pm
Seems the transfer to Fidelity will require a Medallion Signature so I wouldn't want to do this much more than annually anyways.
Is that a requirement from the Fidelity side? Never heard of needing a medallion sig for an HSA transfer.
by TropikThunder
Thu Nov 07, 2019 10:55 pm
Forum: Personal Investments
Topic: Is a $36 fee per year worth paying on my HSA so that money can grow in the market?
Replies: 21
Views: 1737

Re: Is a $36 fee per year worth paying on my HSA so that money can grow in the market?

I'm currently holding $5000 in cash through Optum to avoid the $36 annual fee ($3/month) and over time I'm realizing the gains I am forgoing by doing this. Investing that $5000 in Vanguard Total Stock Market Fund for 25 years at 7% interest ends up being around $27,000 while the $3 monthly fee duri...
by TropikThunder
Thu Nov 07, 2019 7:05 pm
Forum: Personal Investments
Topic: how to decide if I should do Roth 403b vs traditional 403b?
Replies: 5
Views: 250

Re: how to decide if I should do Roth 403b vs traditional 403b?

One thought - if we have a Roth 403b - is the limit still 19k? Yes, the combined employee elective deferral limit is $19,000 this year in any combination between Roth and Traditional. b/c 19k in a Roth is > than 19k in a traditional 403b. Perhaps, but in your tax bracket it will take you $25,000 in...
by TropikThunder
Thu Nov 07, 2019 7:01 pm
Forum: Personal Investments
Topic: Spouses old forgotten 401k impact on my Backdoor Roth Contribution
Replies: 7
Views: 667

Re: Spouses old forgotten 401k impact on my Backdoor Roth Contribution

Hi, Myself (36) and spouse (34) recently set up most of our retirement plans with vanguard. My roth ira was transferred, my spouses employment plan (traditional 401k) was already with VG, and we set up 2 additional brokerage accounts. We are likely to be over the roth ira contribution income limits...
by TropikThunder
Wed Nov 06, 2019 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Contributions With Spouse On Cobra
Replies: 4
Views: 323

Re: HSA Contributions With Spouse On Cobra

HSA eligibility is based on HDHP coverage of the individual. The fact that it is COBRA has no bearing on this and neither does the fact she is getting COBRA from it being your plan. The only thing that will impact this is if either of you will be > age 65 when enrolling in Medicare. If this is the ...
by TropikThunder
Wed Nov 06, 2019 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: HSA without Employer Contributions
Replies: 1
Views: 214

Re: HSA without Employer Contributions

I've got a HDHP/HSA Question since I'm in benefits enrollment season: I've been on a Kaiser HMO plan with premiums (~$446/mo) that are 100% covered by my employer, $0 cost to me. I know an HSA is the granddaddy of retirement buckets, but my employer does not contribute to HSA accounts. Here is the ...
by TropikThunder
Wed Nov 06, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Title Insurance/Legal Representation for Mortgage Refinance
Replies: 6
Views: 456

Re: Title Insurance/Legal Representation for Mortgage Refinance

Owner title insurance covers your interest in the property, so you don’t need to get a new one. Lender title insurance covers the bank’s interest in the mortgage so you do need a new one (new lender, new lender policy). I’m in the PNW where lawyers aren’t part of closing so I can’t opine on that part.
by TropikThunder
Sun Nov 03, 2019 12:43 pm
Forum: Personal Investments
Topic: VSS Vanguard All-Wld ex-US Small Cap ETF is 15% US. What gives?
Replies: 10
Views: 758

Re: VSS Vanguard All-Wld ex-US Small Cap ETF is 15% US. What gives?

I was wondering why this fund VSS with "ex US" in the description is holding 15% US. https://investor.vanguard.com/etf/profile/portfolio/vss It seems like an interesting small cap blend fund with low costs. Are there better/cheaper alternatives? Perhaps an all world small cap blend? Canada and Mexi...
by TropikThunder
Sat Nov 02, 2019 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard without Jack Bogle - Allan Roth
Replies: 28
Views: 4370

Re: Vanguard without Jack Bogle - Allan Roth

Allan wrote a good article. My concern about Vanguard is with customer service, in a cost competitive environment it is always a target for cost cutters. Vanguard is owned by its clients so hard to imagine that it will lose its cost advantage. If one gets disenchanted with Vanguard, there is always...
by TropikThunder
Sat Nov 02, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: Justifying Non World Market Cap
Replies: 38
Views: 2316

Re: Justifying Non World Market Cap

Oh good, an international stock thread that will be filled by the same people making the same comments on each side of the issue. Can't wait .... :P
by TropikThunder
Thu Oct 31, 2019 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Mistakenly Contributed to tIRA, When I Intended Roth IRA. Reversible?
Replies: 19
Views: 1488

Re: Mistakenly Contributed to tIRA, When I Intended Roth IRA. Reversible?

If I recharacterize the tIRA contribution as a Roth, I will have to pay taxes on it. Not really. A recharacterization occurs during the same tax year in which you made the original contribution. You said you made it "a day ago" which means for the 2019 tax year. A recharacterization will take this ...
by TropikThunder
Thu Oct 31, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Haven't received email from Equifax about settlement
Replies: 5
Views: 605

Re: Haven't received email from Equifax about settlement

Mine were going to my junk folder (Gmail).
by TropikThunder
Thu Oct 31, 2019 11:31 am
Forum: Investing - Theory, News & General
Topic: Transitioning my Account ~ Not Mandatory
Replies: 61
Views: 5105

Re: Transitioning my Account ~ Not Mandatory

It could take many decades to retire the old platform if they have no way to force you off the old platform. +1. Not to be morbid, but this is a self-limiting problem for Vanguard since they stopped opening new non-brokerage accounts years ago. The only investors with a mutual fund-only account now...
by TropikThunder
Wed Oct 30, 2019 9:02 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 296
Views: 17589

Re: Holding bonds vs 100% equities

How many years of 1% outperformance does it take to make up for the 15% difference in drawdown? MotoTrojan, I do not understand your question. If the portfolio is $100 and it drops 50%, it becomes $50. The portfolio has to double aka increase by 100% before it recovers to $100. If the portfolio is ...
by TropikThunder
Wed Oct 30, 2019 8:41 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 296
Views: 17589

Re: Holding bonds vs 100% equities

Mathematically, 100% equities is likely to be optimal if you are a long way from retirement. However, I recommend only 80% equities until you have been through a bear market with a stock-heavy portfolio, so that you actually know your risk tolerance. Many investors pulled out of the stock market in...
by TropikThunder
Tue Oct 29, 2019 1:59 pm
Forum: Investing - Theory, News & General
Topic: How to diversify a Three Fund Portfolio in 8 steps
Replies: 66
Views: 4842

Re: How to diversify a Three Fund Portfolio in 8 steps

[3] The exposure perhaps could be simplified to two funds. Cheers :greedy I notice (almost) all of those are ETF’s. How many people have a brokerage option in their workplace retirement plans? I meant, the low volatility exposure . Sorry about the typo. :greedy I’m not focusing on the volatility po...
by TropikThunder
Tue Oct 29, 2019 1:56 pm
Forum: Investing - Theory, News & General
Topic: VFIAX or VDADX in a taxable account - is there a significant difference in tax efficiency?
Replies: 2
Views: 287

Re: VFIAX or VDADX in a taxable account - is there a significant difference in tax efficiency?

For VFIAX (Vanguard 500 Index Fund Admiral Shares) or VDADX (Vanguard Dividend Appreciation Index Fund Admiral Shares) in a taxable account, is there a significant difference in tax efficiency? It looks like it's a wash to me, or am I missing something? VDADX (ironically) has a slightly lower yield...
by TropikThunder
Tue Oct 29, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: How to diversify a Three Fund Portfolio in 8 steps
Replies: 66
Views: 4842

Re: How to diversify a Three Fund Portfolio in 8 steps

hdas wrote:
Tue Oct 29, 2019 12:55 pm
[3] The exposure perhaps could be simplified to two funds.

Cheers :greedy
I notice (almost) all of those are ETF’s. How many people have a brokerage option in their workplace retirement plans?
by TropikThunder
Mon Oct 28, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Hotel "incidentals" credit card precharge?
Replies: 24
Views: 1697

Re: Hotel "incidentals" credit card precharge?

I get text messages whenever there is a charge to my account and at least for the first hotel I got text messages that there was a charge. I am not sure if I would have gotten a text for a pending charge or not. The other costs for that hotel stay were prepaid so the amount was just for their incid...
by TropikThunder
Mon Oct 28, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Hotel "incidentals" credit card precharge?
Replies: 24
Views: 1697

Re: Hotel "incidentals" credit card precharge?

This was an actual charge and not just a credit hold. More likely it’s just a pending charge, which is exactly how a hold works. That’s pretty much how it’s always worked in my experience, for rental cars as well, as a way for the business to know the card is good and will potentially accept an est...
by TropikThunder
Sun Oct 27, 2019 3:28 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20449

Re: I’m done with index funds

The original poster might have large amounts of stock options or company stock, my suspicion is that he might work for a high tech company and will be liquidating those investments in the future. My guess is that his potential large capital gains are from that and not from his investment portfolio....
by TropikThunder
Sat Oct 26, 2019 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 25
Views: 1318

Re: Advice needed on interesting PSLF situation - should we change course?

ASpenderInRecovery wrote:
Sat Oct 26, 2019 9:19 pm
RickBoglehead wrote:
Sat Oct 26, 2019 8:47 pm
TurboTax?
I suppose I could try running them myself for free. Admittedly I’ve never trusted myself to do tax prep without guidance.
Many would consider TurboTax a form of guidance. :P
by TropikThunder
Sat Oct 26, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: How to get a refund from Norwegian Airlines
Replies: 16
Views: 1134

Re: How to get a refund from Norwegian Airlines

There was most likely another flight on Norwegian the next day to either Miami, Boston or New York. I would have pushed to get on one of those and made my way back to Orlando that way rather than shelling out $6,400 for Delta.
by TropikThunder
Sat Oct 26, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 25
Views: 1318

Re: Advice needed on interesting PSLF situation - should we change course?

Bogleheads, We’ve got an interesting Public Service Loan Forgiveness (PSLF) situation that we are hoping to get some good advice on. My wife has 80k of student loan debt @ 5.875% that we have been pursuing a forgiveness strategy on for the past 3 years with another 7 years remaining for full debt f...
by TropikThunder
Thu Oct 24, 2019 11:35 pm
Forum: Investing - Theory, News & General
Topic: SPXX -- Nuveen S&P 500 Dynamic Overwrite
Replies: 16
Views: 1178

Re: SPXX -- Nuveen S&P 500 Dynamic Overwrite

MishkaWorries wrote:
Thu Oct 24, 2019 9:20 am
I checked Portfolio Visualizer and the fund out performed the S&P 500 since its inception.
EfficientInvestor wrote:
Thu Oct 24, 2019 9:37 am
I just ran a backtest as well on PV (link below) and it's showing that SPXX has had a lower return and higher standard deviation than SPY (S&P 500) since inception.
Well that's a conundrum. :|
by TropikThunder
Thu Oct 24, 2019 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 82
Views: 9512

Re: Refinance Mega Thread

I am not rolling any costs into the loan. Well, technically that's exactly what you are doing: Lender credit exceeding the cost of the appraisal. I’m taking a higher interest rate to keep my out of pocket costs on the refinance as close to zero as possible. You're adding the loan fees to the loan i...
by TropikThunder
Thu Oct 24, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: If I replace an tIRA deduction in 60 days, does that count as my contribution for the year?
Replies: 6
Views: 348

Re: If I replace an tIRA deduction in 60 days, does that count as my contribution for the year?

I think I figured it out. The replacement gets coded as a rollover, which is distinct from contribution coding. Correct. But be careful not to miss that 60 day deadline. It's *strict*. Aim for something like 50 or 55 days if not sooner, in case of some oddball delay. If you do miss it, then yes, re...
by TropikThunder
Thu Oct 24, 2019 7:53 pm
Forum: Personal Investments
Topic: Vanguard Total World Bond (BNDW) in Taxable
Replies: 2
Views: 387

Re: Vanguard Total World Bond (BNDW) in Taxable

Holding an international fund (such as the Vanguard Total World Stock Index Fund, "VT") has certain tax write offs in taxable accounts (e.g. foreign tax credit). Is this also true for the Vanguard fund BNDW-Total World Bond? (or international bonds in taxable in general). Either way, are there any ...
by TropikThunder
Thu Oct 24, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I open and contribute to a IRA while receiving financial aid and government assistance.
Replies: 31
Views: 1981

Re: Can I open and contribute to a IRA while receiving financial aid and government assistance.

Are you eligible for EITC? Where does your income land (on the EITC income chart)? Are you on the phase-in ramp up of the credit, the phase-out ramp down, or the plateau in between? Your income level influences your credit level, but you can tweak it with 401k contributions (but usually not by IRA ...
by TropikThunder
Wed Oct 23, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Not Reinvesting Dividends and Cap Gains
Replies: 7
Views: 875

Re: Not Reinvesting Dividends and Cap Gains

Greetings, I have learned so much from this forum; thank you all. I sometimes see the advice that in retirement one should stop reinvesting dividends and capital gains. Does this advice apply to taxable accounts only? And what is the rationale? What if you do not need the dividends and cap gains fo...
by TropikThunder
Wed Oct 23, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Another 401k loan question
Replies: 10
Views: 454

Re: Another 401k loan question

I would just pay it off over the original 4-year term and keep liquidity in the existing emergency fund. A 401k loan is not like other debt, you’re paying yourself back with a likely low interest rate (with the interest payments also going into your 401k). With current tax law, you have until the ta...
by TropikThunder
Wed Oct 23, 2019 12:27 pm
Forum: Personal Investments
Topic: Am I eligible for an HSA??
Replies: 22
Views: 1217

Re: Am I eligible for an HSA??

You can stay on your parent’s plan until 26 but you don’t have to. If you have your own HSA-eligible coverage through work, you can be dropped from your parent’s plan and open an HSA.
by TropikThunder
Tue Oct 22, 2019 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11540

Re: Ok to go without health insurance?

Here’s a nice catch-22: - Only people with mid to high seven figure net worths can afford to self-insure. - People with mid to high seven figure net worths have the most to lose if they self-insure. Same logic we see here from people thinking it’s a good idea to drop homeowners coverage once their m...
by TropikThunder
Tue Oct 22, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Open Enrollment With COBRA Ending
Replies: 17
Views: 1112

Re: ACA Open Enrollment With COBRA Ending

I'm assuming ACA allows me to put whatever I want for 2020 MAGI? Verification of income is done in arrears when you file taxes for the year completed, rather than during the application process for the year upcoming. That said, ACA plans have a requirement to notify the marketplace when your income...
by TropikThunder
Tue Oct 22, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Open Enrollment With COBRA Ending
Replies: 17
Views: 1112

Re: ACA Open Enrollment With COBRA Ending

The health insurance you purchase in the ACA market place is effective on the January 1st of next year. It does not overlap with your expiring COBRA. Actually, if your COBRA coverage ends, you’re allowed to enroll in an ACA plan without waiting for Open Enrollment: Outside Open Enrollment If your c...
by TropikThunder
Tue Oct 22, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Multiple fraudulent charges from Stamps.com
Replies: 5
Views: 653

Re: Multiple fraudulent charges from Stamps.com

I have no relationship or account with Stamps.com. I've notified Citibank. Edited to add: I've called Stamps.com. They confirmed that this was an account opened by someone else in a different state. They've flagged it as fraudulent. Hope this helps...... Hopefully it will. I sure would like to know...
by TropikThunder
Tue Oct 22, 2019 1:01 am
Forum: Investing - Theory, News & General
Topic: Health equity investment fee. High or low?
Replies: 32
Views: 2541

Re: Health equity investment fee. High or low?

I too have a Health Equity HSA at work, and I recently transferred the funds to Fidelity, which I really like. I'll just continue doing periodic transfers from HE to Fidelity going forward. Hello will I am in same boat. i was online with HE chat support they said as long as i keep a $2,500 plus bal...
by TropikThunder
Mon Oct 21, 2019 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a good mortgage deal?
Replies: 19
Views: 2556

Re: Is this a good mortgage deal?

Thanks all, great advice! Quick question: How do you get lender credits? Lender fees vs lender credit is just the net cost/benefit of a particular interest rate, taking into consideration credit score, location, down payment, market rates, etc. One thing you’ll notice when comparing rates online is...
by TropikThunder
Mon Oct 21, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Advice: Windfall Makes Working Worse Than Not Working
Replies: 70
Views: 9827

Re: Advice: Windfall Makes Working Worse Than Not Working

Wanting to “give back” to your state in the form of paying higher taxes is a very healthy way to look at it. Healthy in terms of your mind, not your finances. 🙄 He and his wife are still gainfully employed in the Bay and making great salary. I think their finances are just fine. Did you read the re...
by TropikThunder
Sun Oct 20, 2019 12:16 am
Forum: Personal Investments
Topic: VG pushing for ETF instead of Admiral shares
Replies: 26
Views: 2185

Re: VG pushing for ETF instead of Admiral shares

https://www.bogleheads.org/forum/viewtopic.php?t=283189 https://www.bogleheads.org/forum/viewtopic.php?t=282247 https://www.bogleheads.org/forum/viewtopic.php?t=283307 https://www.bogleheads.org/forum/viewtopic.php?t=285542 https://www.google.com/search?sitesearch=bogleheads.org&q=vanguard+pushing+e...
by TropikThunder
Thu Oct 17, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Personal vs 401k loan
Replies: 20
Views: 949

Re: Personal vs 401k loan

That is based on Pre TCJA tax law, you now get until the extended due date for the tax return year you left your employer. So a minimum of 9.5 months. https://www.creditkarma.com/tax/i/401k-tax-reform-loan-repay/ That’s what I was referring to. Also, some plans allow repayment to continue after sep...
by TropikThunder
Thu Oct 17, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Personal vs 401k loan
Replies: 20
Views: 949

Re: Personal vs 401k loan

That is based on Pre TCJA tax law, you now get until the extended due date for the tax return year you left your employer. So a minimum of 9.5 months. https://www.creditkarma.com/tax/i/401k-tax-reform-loan-repay/ That’s what I was referring to. Also, some plans allow repayment to continue after sep...
by TropikThunder
Thu Oct 17, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Personal vs 401k loan
Replies: 20
Views: 949

Re: Personal vs 401k loan

Also keep in mind that if you lose your job, you generally have to pay back the 401k loan immediately . If you change jobs, the personal loan only cares if you maintain payments. For me, double taxation has been thoroughly debunked https://thefinancebuff.com/401k-loan-double-taxation-myth.html. The...