Search found 2156 matches

by mega317
Fri May 25, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Auto Loan Interest vs Capital Gains Tax
Replies: 2
Views: 121

Re: Auto Loan Interest vs Capital Gains Tax

Yes you are running a real risk of needing to find another way to pay for the car. If you already owned the car would you borrow the money to buy the stock for a few years, even if someone gave you $400 for your trouble?
by mega317
Thu May 24, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Late 20's small business owner looking for career change
Replies: 13
Views: 967

Re: Late 20's small business owner looking for career change

You want to help people get their expenses under 1%, and then you plan to charge even your family 1%? OP: there are threads like this one periodically, you should search for some to read many posts that further support the comments already made in this one. In the end, a job is a job and you only sh...
by mega317
Thu May 24, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: work one more year or attend law school
Replies: 6
Views: 476

Re: work one more year or attend law school

I gotta say, with the salaries so close, it may be that the most financially sound decision is to never attend law school. But more important than numbers is what you want to do in life. If the answer requires law school, then I don't think there's much difference when you start.
by mega317
Thu May 24, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account or Brokerage account for child?
Replies: 8
Views: 544

Re: Bank account or Brokerage account for child?

hmw wrote:
Wed May 23, 2018 8:32 pm
watching money grow in a saving account is like watch paint dry.
I would worry that watching stocks soar could give the illusion of easy money, and watching them tank could scare him off. I prefer savings to investing as a first lesson for children.
by mega317
Thu May 24, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Planning a first home down payment fund
Replies: 9
Views: 524

Re: Planning a first home down payment fund

In my opinion, 5 years is not enough time to be taking equity risk. I think many people wouldn't even want intermediate-term bond risk. I don't know what those tickers are but in general bonds are not correlated to stocks meaning your last question is not answerable. Can you give us some more inform...
by mega317
Wed May 23, 2018 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity
Replies: 36
Views: 4817

Re: Buying Treasury Bills: Treasury Direct or Vanguard / Fidelity

raixx017, if you scroll down from your screenshot do you have the option to buy the 7-year? That's all that's available right now. The auctions are on a schedule and you can only buy after they're announced. I believe tomorrow you will be able to buy 4-, 13-, and 26-weeks.
by mega317
Wed May 23, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on way, Empire health insurance or Oxford?
Replies: 8
Views: 645

Re: Baby on way, gov't health insurance or Oxford?

Well if your one and only concern is limiting the total expense of a catastrophe, then Oxford is the way to go. But then why are you asking the question? If you run "most likely" scenarios it may end up more expensive due to higher premiums, maybe prescriptions or ER or mental health or something el...
by mega317
Wed May 23, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help please with short term - 5yr - investment plan
Replies: 7
Views: 522

Re: Help please with short term - 5yr - investment plan

WhiteMaxima wrote:
Wed May 23, 2018 6:05 pm
5 Year CD 2.5% interest.
You would have to put in a little effort to find a 5 year CD that low.
by mega317
Wed May 23, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Switching jobs, what to do with 401k
Replies: 10
Views: 827

Re: Switching jobs, what to do with 401k

Welcome to the forum. I think you pretty much have it figured. A. Roll into an IRA, affect future back door Roth. What's your filing status and AGI? B. Roll into new plan. How do the investment choices compare to the current plan? C. Leave it where it is. What are the investment choices? PS be caref...
by mega317
Wed May 23, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on way, Empire health insurance or Oxford?
Replies: 8
Views: 645

Re: Baby on way, gov't health insurance or Oxford?

Congrats! Obviously the answer is going to be based on how much and what type of health care you consume, and even if we had that information you haven't given us enough to decide. What are the copays, for example.
by mega317
Wed May 23, 2018 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help please with short term - 5yr - investment plan
Replies: 7
Views: 522

Re: Help please with short term - 5yr - investment plan

Welcome to the forum. I am having a hard time understanding your question. " I want to keep the $200k untouched for 5 years" seems in direct conflict with "deplete these funds moderately over a 5 year period". Maybe if you told us the goal for the money? In general the answer for 5 years or less is ...
by mega317
Wed May 23, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Wisdom teeth removal and HSA
Replies: 9
Views: 855

Re: Wisdom teeth removal and HSA

The timing of the procedure doesn't matter (once you're covered by the HDHP). You can take the money from the HSA now or later, just keep receipts.
by mega317
Wed May 23, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable CD vs 401K Stable Value
Replies: 1
Views: 210

Re: Taxable CD vs 401K Stable Value

What's the fixed income fund? What is your tax bracket? In general I would prefer stocks in taxable and fixed income in tax-deferred, but I can think of reasons to do the opposite.
You'll get better advice if you post like this: viewtopic.php?t=6212
by mega317
Wed May 23, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: New Car Loan Payoff Strategy
Replies: 7
Views: 670

Re: New Car Loan Payoff Strategy

What municipal bond fund did you have in mind? Vanguard's long-term tax exempt fund is only yielding 2.84%, and you'd have to pay state tax if that's relevant for you. And it could lose 10% or more.
by mega317
Wed May 23, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: New Car Loan Payoff Strategy
Replies: 7
Views: 670

Re: New Car Loan Payoff Strategy

My general feeling is that liquidity has value which is worth paying for in certain cases, and yours might be one of those cases. But you are going to have a hard time coming out ahead on this deal, and there is a reason for that. I would keep the difference in something low-risk and short-duration ...
by mega317
Wed May 23, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 185
Views: 9757

Re: how do you tip on wine at a restaurant

But I still think it's illogical to use a strict percentage when buying a $300 vs. $30 bottle of wine at a restaurant. Sure it's illogical. The whole system is illogical and I don't recall reading one post in any tipping thread that argues otherwise. But it is also illogical to stiff people who are...
by mega317
Tue May 22, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2400

Re: Asset Class Forecasts

We always seem to be anticipating profit margin reversion I didn't understand a word of that but I'd like to point out that your post is the only one in the searchable history of this forum with the exact phrase "profit margin reversion" and there are only a handful that seem to talk about reversio...
by mega317
Tue May 22, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Investing childrens accounts new money
Replies: 4
Views: 450

Re: Investing childrens accounts new money

I think you need to define the goals for these accounts. For example, is it possible the 10 year old will use this money for something like a school trip in the next few years?

What bonds are at 0.75%? I think you can do better.
by mega317
Tue May 22, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 185
Views: 9757

Re: how do you tip on wine at a restaurant

RollTide31457 wrote:
Tue May 22, 2018 1:44 pm
Usually only add a tip if adequate service is provided - drinks are refilled promptly without asking, food is delivered as ordered and in a prompt manner, seating assignments are comfortable and not unnecessarily crowded, etc.
Like, if you have to ask for more water you tip $0.00?
by mega317
Mon May 21, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1678

Re: Same funds within IRA and Taxable

You all might be right about my comment on selling the replacement shares in the ira. I have never had to do this but I assumed, probably incorrectly, that you can just document your transactions. I do realize vanguard won't do spec ID
by mega317
Mon May 21, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: recommended Roth percentage of total investments
Replies: 5
Views: 597

Re: recommended Roth percentage of total investments

It might help to model your yearly income/taxes. You might be able to roughly find the point where converting a certain amount will keep you in low-ish brackets in conversion years while also reducing RMDs enough to stay in low-ish brackets later.
by mega317
Mon May 21, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Fractional Shares?
Replies: 6
Views: 372

Re: Fractional Shares?

How long ago did you move the account? It might move automatically after a few days.
Edit: wrong
by mega317
Mon May 21, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Can I transfer brokerage Acct without speaking to FA?
Replies: 20
Views: 1163

Re: Can I transfer brokerage Acct without speaking to FA?

He is going to find out one way or another and he'll have whatever reaction he's going to have--anger or otherwise. It might be good life practice to have the conversation.
by mega317
Mon May 21, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Reallocation vs. taxable gains
Replies: 6
Views: 400

Re: Reallocation vs. taxable gains

How high is too high? It is often a good idea to realize gains and pay taxes if your portfolio is not what you want, but it is not helpful to aim for false precision. Ie the difference in performance of 30 or 40 or 50 percent international over a short time probably doesn't matter enough to pay for....
by mega317
Mon May 21, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth in 2018. Has anything changed?
Replies: 19
Views: 5180

Re: Backdoor Roth in 2018. Has anything changed?

Another change is that the back door is now officially "OK". I believe some people worried the IRS would frown upon it or even retroactively punish it somehow.
by mega317
Mon May 21, 2018 6:44 am
Forum: Investing - Help with Personal Investments
Topic: 401k investment choices
Replies: 3
Views: 225

Re: 401k investment choices

If you have other accounts to hold the other pieces of your portfolio then you might only need one fund. Go with the cheap one. No need to mirror all holdings in all accounts.
by mega317
Mon May 21, 2018 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Same funds within IRA and Taxable
Replies: 26
Views: 1678

Re: Same funds within IRA and Taxable

But if you are actively trying to learn about tax loss harvest then presumably you might do it in the future, no? My opinion is you are way over thinking this. Hold whatever funds make the most sense for you in whatever accounts. If a TLH opportunity arises you'll have a plan for managing it, like s...
by mega317
Sun May 20, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Door Dash: Has anyone used?
Replies: 14
Views: 1746

Re: Door Dash: Has anyone used?

My wife has started using it when I'm not home. Delivery has been on time and pricing transparent. Not really much to think about with this one.

Edit for typos
by mega317
Sun May 20, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: spend down 529? continue to contribute?
Replies: 2
Views: 363

Re: spend down 529? continue to contribute?

I would contribute for the deduction. When you spend doesn't matter that much. Let's say you're in all bonds with a 3% dividend and 30% combined marginal rate- the current 110k would generate a 1k tax bill. So I'd spend from taxable first but itd not a huge deal and you probably don't want to end up...
by mega317
Sat May 19, 2018 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Young Doctor Couple - Starting Work, Starting to Invest
Replies: 31
Views: 2709

Re: Young Doctor Couple - Starting Work, Starting to Invest

They offer residents a match that doesn't vest until after residency is over? Nuts As you alluded to at the end of your post, it doesn't much matter what you do now. The key is how you behave when you get attending jobs. I think residents who moonlight are kind of crazy. You can't possibly make a de...
by mega317
Sat May 19, 2018 12:27 am
Forum: Investing - Theory, News & General
Topic: Want Vanguard funds. Need Vanguard account?
Replies: 9
Views: 790

Re: Want Vanguard funds. Need Vanguard account?

lack_ey wrote:
Fri May 18, 2018 8:46 pm
Vanguard probably has the best money market funds, for example, primarily because they charge less than others.
This is also true of their municipal bonds funds.
by mega317
Fri May 18, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 185
Views: 9757

Re: how do you tip on wine at a restaurant

Thank you for your service. You sound like a wonderful person, but I imagine lots of restaurant employees have that same attitude about their customers who don't know/don't care about a reasonable tip for the person serving them. having worked in several restaurants and having relatives working at o...
by mega317
Thu May 17, 2018 4:36 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 185
Views: 9757

Re: how do you tip on wine at a restaurant

I love these threads. Reading back on the OP, s/he tipped $15 on $127. 15% would have been $19, so on this table the waiter basically got a 20% pay cut over the expected average. You can come up with all the complicated tipping schemes you want but do you feel good about giving someone a 20% pay cut...
by mega317
Thu May 17, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Ally No Penalty CD @1.75% vs VMMXX @ 1.87%
Replies: 26
Views: 3236

Re: Ally No Penalty CD @1.75% vs VMMXX @ 1.87%

If I already had a Vanguard account I would probably do it, but I would spend less time thinking about it than it took you to write your post.
by mega317
Thu May 17, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Rates are going up. Should I pull $ out of Munis?
Replies: 10
Views: 985

Re: Rates are going up. Should I pull $ out of Munis?

I think if you are worried about your emergency fund dropping 3% then you are absolutely holding it in the wrong vehicle. You should be using savings accounts, treasuries, I bonds, CDs. But that has nothing to do with rates or future movement of the NAV.
by mega317
Wed May 16, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Interesting/Playful ideas for 1 year baby
Replies: 37
Views: 1505

Re: Interesting/Playful ideas for 1 year baby

naturetech wrote:
Wed May 16, 2018 11:57 am
  • The Little Mouse
  • The red ripe strawberry
  • The big hungry bear
To be clear, this is one book.
by mega317
Wed May 16, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't you rollover a retirement account into another one that you no longer work at?
Replies: 33
Views: 1741

Re: Why can't you rollover a retirement account into another one that you no longer work at?

It costs money/resources to hold your retirement money. Why would someone who has no relationship with you (Job A) want to help you out by accepting and holding more money? It is rather annoying to have money spread about in many accounts. This bothers some people more than others. I don't know if o...
by mega317
Wed May 16, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 7570

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Yes, you should listen to your friend and bet your farm on it. Then tell us how it goes. Sometimes people learn things the hard way. And you should hope it doesn't go well. You stand to lose much more in the long run if you are right this time and start thinking you or your friend knows what you're...
by mega317
Tue May 15, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice; saving for a new home with extra cash
Replies: 7
Views: 573

Re: Investment advice; saving for a new home with extra cash

Welcome to the forum. A million dollar house on 148k salary? How much does your wife make? Are you talking about an investment property or a house to live in? In my opinion your plan is approaching too complicated. If you're trying to mix corporates and treasuries you might as well go with a total b...
by mega317
Tue May 15, 2018 12:28 pm
Forum: Investing - Theory, News & General
Topic: Would you be willing to temporarily change your AA?
Replies: 27
Views: 1494

Re: Would you be willing to temporarily change your AA?

HomerJ wrote:
Tue May 15, 2018 12:02 pm
So you'd wait until the market was down 50%? If it was down 35% or 45%, you wouldn't change a thing?
Yes this, and then also when do you go back to your original or preferred AA? So you have to be right twice.
by mega317
Tue May 15, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Interesting/Playful ideas for 1 year baby
Replies: 37
Views: 1505

Re: Interesting/Playful ideas for 1 year baby

You can't just goof off for 5 hours. Take her to the grocery store or whatever else you would do without a baby. It's good for everyone's health and sanity to be out in the world. Go to a pet store or humane society. Library. Also fun to include her in cleaning activities. More like she can chew on ...
by mega317
Tue May 15, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Small gift from Grandma to infant - where to put it?
Replies: 21
Views: 1941

Re: Small gift from Grandma to infant - where to put it?

I often think about two sides of gifting advice often given on this forum. This is my distillation:
As a recipient you should make every effort to follow the intent of the giver.
As a giver you should make every effort to not burden the recipient.
by mega317
Mon May 14, 2018 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?
Replies: 71
Views: 10439

Re: How can I clear $40-60,000/yr with $1,000,000 cash... Low Risk?

Hard to get advice from people in a similar financial situation when you won't share yours. What you're asking for isn't even close to existing.
by mega317
Mon May 14, 2018 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Stock Market ETF vs. Vanguard Total Stock Market Index Fund Admiral Shares
Replies: 7
Views: 990

Re: Vanguard Total Stock Market ETF vs. Vanguard Total Stock Market Index Fund Admiral Shares

I don't know if I agree. Most poor investment decisions based on emotion are not made on a minute to minute scale, more like days and weeks. Market starts dropping, headlines start getting worse, investors start getting antsy and sell. But how often does someone click sell in the morning and then ch...
by mega317
Mon May 14, 2018 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Calif Municipal MMF vs. Fidelity Calif AMT Tax-Free MMF
Replies: 6
Views: 468

Re: Vanguard Calif Municipal MMF vs. Fidelity Calif AMT Tax-Free MMF

I have to wonder why the Fidelity fund would yield more even after a higher expense ratio? Just because of the AMT issue?
by mega317
Mon May 14, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Small gift from Grandma to infant - where to put it?
Replies: 21
Views: 1941

Re: Small gift from Grandma to infant - where to put it?

Not to turn this in to a relationship thread, but you need to talk to your spouse. This gift has conditions and you don't want to meet all of them. My mother and I get along very well and both know investing while my wife does not; I still would not ask her if I could alter her intentions for a gene...
by mega317
Sat May 12, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Is it possible to automatically use short-term (13-26 weeks) treasury bills to buy I Bonds upon maturity?
Replies: 3
Views: 308

Re: Is it possible to automatically use short-term (13-26 weeks) treasury bills to buy I Bonds upon maturity?

Treasury direct offers something called a C of I which I have never used but seems like a settlement fund. It pays no interest. I don't fully understand what you're trying to do but unless we're taking huge amounts of money it probably doesn't matter. What's wrong with Ally? It's just as easy to use...
by mega317
Sat May 12, 2018 3:23 pm
Forum: Investing - Theory, News & General
Topic: short term investment
Replies: 17
Views: 1018

Re: short term investment

You're probably better off with treasuries at that duration and with that much money.
by mega317
Fri May 11, 2018 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Looking to finally invest - Admiral shares or ETFs?
Replies: 10
Views: 929

Re: Help! Looking to finally invest - Admiral shares or ETFs?

Do you hold Wellesley and VFORX in traditional IRAs at Fidelity? If the only funds you want to own are Vanguard funds I'd go ahead and open an account with them. No commissions.

I gotta say I'd think twice about moving from 20 years of being in cash to 70/30.
by mega317
Fri May 11, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: TLH questions
Replies: 12
Views: 654

Re: TLH questions

Just because the IRS wouldn't know/couldn't piece together something doesn't make it allowed. And my question is more general, not specifically about the funds in the OP. It was something of a hijack but the original questions were answered.