Search found 985 matches

by TropikThunder
Tue Sep 18, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can I reverse a TIRA/Roth IRA distribution and not pay taxes?
Replies: 4
Views: 335

Re: Can I reverse a TIRA/Roth IRA distribution and not pay taxes?

Just wanted to check with the experts here. Is it correct that I can take a distribution from either my TIRA or Roth IRA and have 60 days to return the amount withdrawn back to my TIRA or Roth and not pay tax on the reversed withdrawal? What are the rules regarding this? I need to basically "lend" ...
by TropikThunder
Tue Sep 18, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: How often do cap weighted funds get adjusted?
Replies: 16
Views: 636

Re: How often do cap weighted funds get adjusted?

Also you can review the turnover % for each fund. 100% means the average asset is held 1 year. VT will be awfully close to 0%. An active trading fund could be well over 100%. The last reported turnover rate for VT (last October) was 9.9% . VTI's (US total stock) turnover rate was 3.1%. , and VXUS (...
by TropikThunder
Tue Sep 18, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 40
Views: 5258

Re: 401k money missing

I'm curious if you spoke to any other employees. There is strength in numbers, as this board shows. Let us know how you make out. Good luck! Agreed. Many posters (including myself) have prodded the OP to check with co-workers to see if anyone else at the company had been affected but OP hasn’t resp...
by TropikThunder
Sun Sep 16, 2018 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 95
Views: 8739

Re: Side Hustle Options/Suggestions.

lighten up johnny law. a lot of people play a lot of games with their taxes. don't worry we pay our fair share. i reffed 4 high school hoop games yesterday. $120 in cash and a lot of exercise. also, we just paid a sizable amount of taxes to the federal and state gov for 3rd qtr taxes. hopefully, ma...
by TropikThunder
Sat Sep 15, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Index funds - how do they work? Do passive funds reliant on active funds indirectly?
Replies: 15
Views: 1094

Re: Index funds - how do they work? Do passive funds reliant on active funds indirectly?

It seems to me that passively managed funds actually need actively managed funds to exist and are simply piggy backing on all the work done by all the active managers - actively managed funds are effectively subsidizing passively managed funds. This has been discussed ad nauseum here: https://www.g...
by TropikThunder
Thu Sep 13, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Father Wants a Home Mortgage (Bad Credit Score)
Replies: 43
Views: 3079

Re: Father Wants a Home Mortgage (Bad Credit Score)

Thank you to everyone who shared their input. Just to let everyone know that no additional advice is needed. My father successfully found a bank willing to do a mortgage. The only condition was a 2.5% down payment plus closing costs to obtain a mortgage with an APR of 5%. Because he didn’t have eno...
by TropikThunder
Thu Sep 13, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: How would you market cleaning service to AirBnB owners?
Replies: 8
Views: 899

Re: How would you market cleaning service to AirBnB owners?

Would you just click on each listing and send the owner a message? I would absolutely not do this. That's really unhelpful unless you explain why you would not do this. OP, what would your cleaning person charge? In my area (Seattle) a typical itemized cleaning fee on AirBnB is only in the $25-35 r...
by TropikThunder
Thu Sep 13, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card advice
Replies: 22
Views: 1344

Re: Credit card advice

I’ve never had a hard pull arise from a credit limit increase with an existing credit card (Capital One, Citi, Chase). In fact, each company had a FAQ that specifically says they do not do a hard pull for a credit limit increase.
by TropikThunder
Tue Sep 11, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 40
Views: 5258

Re: 401k money missing

Mistake happens. Talk to HR. First, I think they probably violated some rules. See https://pocketsense.com/long-employer-deposit-401k-match-8647925.html At my employer, they made a mistake and they made whole by depositing additional fund to compensate the missing out of the stock market gain. How ...
by TropikThunder
Tue Sep 11, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: 401k money missing
Replies: 40
Views: 5258

Re: 401k money missing

Help! I recently found out contributions to my 401k are being taken out of my paycheck but the money is never making it into my 401k. My employer has not deposited my 401k contributions at all for 2018. Any suggestions on how to approach my employer regarding this missing money and the missing inte...
by TropikThunder
Mon Sep 10, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursing old HSA expenses from new custodian
Replies: 9
Views: 666

Re: Reimbursing old HSA expenses from new custodian

Does this sound correct? From my understanding, my HSA expenses should be reimbursable from wherever I have my HSA account. I have had an HSA continuously since 2012 and the expenses are eligible for reimbursement. I’ve not had to reimburse myself for prior expenses yet, but since I changed HSA cus...
by TropikThunder
Sun Sep 02, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2561

Re: Medical liability claim settlement. What is fair?

The insurance company loved this settlement, I guarantee you. To have $26k in meds and a break necessitating surgery? A settlement for $50k is a steal. JT Yep. My daughter does a lot of the billing and paperwork associated with PIP claims (she is a director at a physical therapy clinic). Broken bon...
by TropikThunder
Sun Sep 02, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Sell house before exclusion expires?
Replies: 8
Views: 982

Re: Sell house before exclusion expires?

I believe strongly in the 1% rule for which this rental house fails miserably. I would sell. Very easy decision. I was wondering about that. Maybe one of our residential rental evangelists will chime in, but that seems an awfully small profit margin. Yes it’s cash-flow positive, but you can fall ou...
by TropikThunder
Sun Sep 02, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Medical liability claim settlement. What is fair?
Replies: 40
Views: 2561

Re: Medical liability claim settlement. What is fair?

I have a contrarian opinion about what is fair. The OP mentioned that he is paying the rent for the daughter's apartment and she is also still on his insurance policy. We do not know how much support he is still providing her, possibly a lot, but to some extent she is still on his payroll. In that ...
by TropikThunder
Sun Sep 02, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: How valuable is a roth for only 1 year?
Replies: 23
Views: 1366

Re: How valuable is a roth for only 1 year?

I dont understand anything about backdoor. Is there a nice simulator where i can enter my information and it will tell me benefits consequences? https://www.google.com/search?q=backdoor+roth+calculator&rlz=1CDGOYI_enUS721US721&oq=backdoor+roth+calculator&aqs=chrome..69i57j0l3.8240j1j7&hl=en-US&sour...
by TropikThunder
Thu Aug 30, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Enough. How do I invest in Australia. [as a US investor]
Replies: 63
Views: 5427

Re: Enough. How do I invest in Australia.

Also, please be cognizant that early outperformance followed by average performance can drastically skew the overall results. Jump over to Portfolio Visualizer and take a look at US Small Cap vs US Large Cap stocks. From 1972 - 2018 US Small Caps have returned double US Large Caps. But if we move t...
by TropikThunder
Wed Aug 29, 2018 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Recovering Property Manager Fees as part of insurance claim
Replies: 7
Views: 704

Re: Recovering Property Manager Fees as part of insurance claim

Your prop manager should itemize that is such a way as to facilitate it being recognized as part of the costs of repairs. Seems simple, but your policy has to have itemized what you can be reimbursed for. Ask for a written explanation as to what is and what is not covered from your insurance broker...
by TropikThunder
Fri Aug 24, 2018 9:55 pm
Forum: Investing - Theory, News & General
Topic: Pay off mortgage with 5.12% interest rate?
Replies: 12
Views: 863

Re: Pay off mortgage with 5.12% interest rate?

I have the lump sum cash on hand to pay off the balance however, I am not sure if the better alternative is to use this lump sum to invest in the stock market (via index fund, hopefully with a higher rate of return than 5%). I am on the side line now due to the market being so high so I was contemp...
by TropikThunder
Fri Aug 24, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: If I invest in an index fund, am I investing in a "snapshot" of the companies in the fund at that particular time?
Replies: 5
Views: 440

Re: If I invest in an index fund, am I investing in a "snapshot" of the companies in the fund at that particular time?

To make this more concrete, let's say that some fund X contains 10 share of stock A and 20 shares of stock B. I invest in fund X and now own 1 share of stock A and 2 shares of stock B. 10 shares of Stock C are added to the fund after the original purchase. Do I now own some of Stock C? Short answer...
by TropikThunder
Fri Aug 24, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Watch out for "COM" online credit card charges
Replies: 15
Views: 2375

Re: Watch out for "COM" online credit card charges

I have lots of legitimate credit card transactions with COM in the name. AMAZON.COM, LANDSEND.COM, JET.COM and many others. I think the subject and original post are mistaken. This thread should be generally about watching out for fraudulent credit card transactions that may imitate legitimate char...
by TropikThunder
Fri Aug 24, 2018 5:52 pm
Forum: Personal Consumer Issues
Topic: Watch out for "COM" online credit card charges
Replies: 15
Views: 2375

Re: Watch out for "COM" online credit card charges

All my Amazon orders are charged to one particular credit card. In the transactions info on the credit card site, orders are identified as from AMAZON.COM, Amazon.com, AMZN.COM, AMZN MKTP US AMZN.COM , all these iterations are from a current credit card statement, there could be even more identifie...
by TropikThunder
Fri Aug 24, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8487

Re: $65K Fun Daily Driver

Anyway I don't get the fascination with type of car. It doesn't not do anything right. .....I has all the disadvantages with no real advantage. I have never seen one of these driven in an even remotely "spirited" fashion. Could not agree more. Really, the people who want a Porsche don't want an SUV...
by TropikThunder
Thu Aug 23, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare Careers
Replies: 48
Views: 2957

Re: Healthcare Careers

*Getting a higher level education right out of school is almost certainly a good choice (CRNA, NP,PA, etc.) my wife was very lucky in finding an job outside of floor nursing after only a few years at it that provider wonderful pay (for our area) and has much less physical and emotional stress then ...
by TropikThunder
Thu Aug 23, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Company 401k contbr capped as % of paycheck
Replies: 24
Views: 1996

Re: Company 401k contbr capped as % of paycheck

They do have a roth option (which as explained by HR is really there to service the individuals who earn over 308k/yr where 6% match exceeds 18.k cap) Either the HR rep explained this poorly, you misunderstood, or they don’t know what they’re talking about. The employer match doesn’t count towards ...
by TropikThunder
Thu Aug 23, 2018 1:45 pm
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8487

Re: $65K Fun Daily Driver

I don’t have specific suggestions or follow up on other comments. I just wanted to say how refreshing it is that no one is telling you to just grow up and get a 2000 Camry. :beer

Yet. :|
by TropikThunder
Wed Aug 22, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total World Light on US?
Replies: 6
Views: 732

Vanguard Total World Light on US?

I made this observation on another thread discussing Vanguard Total World (VT, VTWSX) but I don't think anyone took notice. To my eye, this index significantly under-represents the US market in number of holdings, specifically the lower end (small/microcap). Per Vanguard and FTSE: - CSRP US Total Ma...
by TropikThunder
Tue Aug 21, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: International funds composition
Replies: 6
Views: 679

Re: International funds composition

I might at least look into splitting international into Developed and Emerging. Than you can tilt one way or another. That said, I am not sure if I totally agree that Emerging Markets are going to outperform necessarily. That statement has been made by "advisors" for many years and has been proven ...
by TropikThunder
Tue Aug 21, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7244

Re: Graduate Degree Mistakenly (?) Conferred - What to Do?

A point I haven’t seen raised is that I don’t know of any college program (undergrad or graduate) that just up and awards a degree and issues a diploma without the degree candidate formally applying for graduation. The fact that this happened absent an application on your part clearly indicates it’s...
by TropikThunder
Fri Aug 17, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: Info on Al-Farabi Kazakh National University
Replies: 28
Views: 2496

Re: Info on Al-Farabi Kazakh National University

Anyone have any 1st hand experience with this university in Almaty Kazakhstan? My son is interested in attending for physics and astronomy BS program. We are in the US and he speaks some Russian and Kazakh, but is not fluent. On a lighter note, Kazakhstan is a hotspot for many mail order bride outf...
by TropikThunder
Thu Aug 16, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Sign - Speed checked by Radar
Replies: 41
Views: 2916

Re: Sign - Speed checked by Radar

My son just got a ticket notice in the mail yesterday. 66 in a 50 with photos of his platers. There is an affidavit you can submit if it wasn't you driving. In my state you throw those in the trash. A process server may attempt to serve you (~50% chance). So, you don't answer your door for about tw...
by TropikThunder
Thu Aug 16, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Rental House Issue
Replies: 21
Views: 2601

Re: Rental House Issue

Tenant's Rights Pamphlet published by Texas Tech in regards to tenants leaving early: Your landlord has the duty to mitigate damages if you abandon your residence in violation of your lease. Does anyone know how the landlord’s duty to mitigate losses applies if the property is listed for sale? For ...
by TropikThunder
Thu Aug 16, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Rental House Issue
Replies: 21
Views: 2601

Re: Rental House Issue

You aren't ok with the lease being broken because a tenant died? :shock: That's not what's happening with my tenant. I copy pasted the legal terms in the agreement that contains such language. Please read through the information before answering. No, that’s not what’s happening with this particular...
by TropikThunder
Thu Aug 16, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 80037

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Australian stocks have dramatically outperformed US stocks over the period from 1900 to present. That's much longer term than a mere 30 years! Since including US stocks would have dragged down returns compared to an all-Australia portfolio, why are we still considering investing in the US when the ...
by TropikThunder
Wed Aug 15, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Selling/Exchanging Tax Implications
Replies: 6
Views: 548

Re: Selling/Exchanging Tax Implications

Hi, I currently have some Dow and AT&T Stock. I was either going to 1) Sell the stock 2) Exchange the stock into my stock/bond mix in my Vanguard account. Do I have to pay capital gains if I chose option 2? Thank you “Exchanging” mutual funds is just a process that allows you to sell one fund and b...
by TropikThunder
Wed Aug 15, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2418

Re: Portfolio Review/How are we doing?

Please note that OP's investment is at 460K now. His wife would retire at 55 years old (14 years from now) before the kid goes to college. This may drop the income low enough that OP's kid may qualify for financial aid if the 529 does not exist. You need to check your math. OP’s wife is 32, wants t...
by TropikThunder
Mon Aug 13, 2018 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Asked my advisor about fees and here's their reply
Replies: 60
Views: 8779

Re: Asked my advisor about fees and here's their reply

straws46 wrote:
Mon Aug 13, 2018 9:12 pm
You seem to have a fee only fiduciary and you did not get fleeced, in my opinion.
Fee-only fiduciaries charge an AUM fee now? I don’t think fee-only means what you think it means. :P
by TropikThunder
Mon Aug 13, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3919

Re: REITs - 20% Qualified Income Deduction

Aren't mutual funds set up legally as corporations? probably Well, I guess a "Collective Investment Trust" is a trust but regular mutual funds are corporations. I can't believe it's that simple though. :P Section 199A also allows individuals and some trusts and estates ( but not corporations ) a de...
by TropikThunder
Mon Aug 13, 2018 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 39
Views: 3919

Re: REITs - 20% Qualified Income Deduction

irs guidance is out. https://www.irs.gov/pub/irs-drop/reg-107892-18.pdf page 6 Section 199A also allows individuals and some trusts and estates ( but not corporations ) a deduction of up to 20 percent of their combined qualified real estate investment trust (REIT) dividends and qualified publicly t...
by TropikThunder
Sat Aug 11, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anecdote: PMI Removed
Replies: 8
Views: 1751

Re: Anecdote: PMI Removed

The important note was that, for our mortgage, the PMI could only be removed based on appreciation within 24 months of the close date. So we couldn't wait 3 or 4 years for the appreciation and then remove. Thanks for sharing your experience, but I'm curious about this part as it directly contradict...
by TropikThunder
Sat Aug 11, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1656

Re: Poor HSA Investment Options

Just transfer for investment account to Lively or another custodian of your choice. + 1 for Lively. Just make sure your vendor does not charge a "transfer" fee or something like that (I've been dealing with HealthEquity and it's ugly). Also, if you are transferring out, do you plan to do it once a ...
by TropikThunder
Sat Aug 11, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1656

Re: Poor HSA Investment Options

How did you align your HSA portfolio assets with overall portfolio ( eg 401K, Roth IRA, IRA, Taxable account)? I wanted a chunk of the HSA in bonds in case I want to make withdrawals. I chose SLYV as part of a slight overall tilt toward small value. I don't really track the performance. SPTM would ...
by TropikThunder
Sat Aug 11, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Mutual Funds vs. ETF's
Replies: 30
Views: 2246

Re: Mutual Funds vs. ETF's

Is there a charge for reinvesting distributions for ETF's? None of the major brokerages I have looked at charge to reinvest dividends or capital gains, even on ETF’s that have a commission for regular purchases. For example, TD Ameritrade charges a commission now to buy or sell Vanguard ETF’s but s...
by TropikThunder
Sat Aug 11, 2018 1:37 pm
Forum: Investing - Theory, News & General
Topic: [New Vanguard website layout starting Saturday, August 11]
Replies: 130
Views: 9616

Re: Anyone noticing Vanguard website changes today Saturday August 11

Mine has not changed either, but I’ve always had a brokerage account since I only opened it a couple years ago. Maybe the older accounts are being “updated”?
by TropikThunder
Thu Aug 09, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Is HSA Bank + TD Ameritrade still the best HSA choice?
Replies: 81
Views: 16772

Re: Is HSA Bank + TD Ameritrade still the best HSA choice?

I just got a new job where the employer uses Optum bank for it's HSA. Like krick - I need to use it for the employer contributions. I currently have a HSA Bank/TD Ameritrade account with $5000 in cash, and soon a Optum HSA account with an additional $5000 in cash. So I'll have $10,000 in cash slowi...
by TropikThunder
Thu Aug 09, 2018 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for low risk Vanguard fund
Replies: 15
Views: 1176

Re: Looking for low risk Vanguard fund

You just posted in another thread about contributing to a roth vs paying down an ARM. If you have a spare 25k above your EF and you are worried about risk I would just plunk it down on your mortgage even though its at 2.875 due to the ARM provision. Oh gosh- I've definitely considered this. I just ...
by TropikThunder
Thu Aug 09, 2018 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: Have you rebalanced to bonds this year?
Replies: 25
Views: 2272

Re: Have you rebalanced to bonds this year?

anjou wrote:
Thu Aug 09, 2018 12:24 am
Have you rebalanced to bonds or let your asset allocation slide?
I haven't rebalanced at all since all of my fixed income allocation is in TIAA Traditional, which is paying 4.00%/3.25% depending on whether it's my contribution or the employer match. Traditional never goes down. :beer
by TropikThunder
Thu Aug 09, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Fidelity announced 10-for-1 fund splits in certain mutual funds
Replies: 18
Views: 4639

Re: Fidelity announced 10-for-1 fund splits in certain mutual funds

Spirit Rider wrote:
Thu Aug 09, 2018 7:54 pm
I know people that even today will buy shares of a stock or mutual fund because the price is lower than a competitor's. Sometimes you can't fix stupid.
We see posts like that on here every now and then. :|

"I think I will buy ITOT since VTI is so much more expensive ...."
by TropikThunder
Thu Aug 09, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: NYT: The Big, Dangerous Bubble in Corporate Debt
Replies: 18
Views: 3633

Re: NYT: The Big, Dangerous Bubble in Corporate Debt

As far as I know quantitative easing involved the fed purchasing treasuries and agency mortgage backed securities (which have no credit risk). You are correct that the Fed did not purchase any corporate debt via QE (the central banks of other countries have included corporate debt in their schemes,...
by TropikThunder
Wed Aug 08, 2018 2:01 am
Forum: Investing - Theory, News & General
Topic: Fidelity announced 10-for-1 fund splits in certain mutual funds
Replies: 18
Views: 4639

Re: Fidelity announced 10-for-1 fund splits in certain mutual funds

Jablean wrote:
Wed Aug 08, 2018 1:45 am
The lower NAVs might also allow for more flexibility for any shareholders who prefer to buy shares in full, rather than fractional shares.
And someone from Fidelity got paid to write that .....
by TropikThunder
Fri Aug 03, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 12564

Re: Joint Ownership of home with second wife

135 posts in the thread before this one, and OP hasn't used the word "love" once. Wonder what that means. It probably means that this is a personal finance forum, and not a personal relationship forum. Well, OP has been asked on at least a few occasions why he wants to get married considering the c...