Search found 2000 matches

by mega317
Thu Apr 19, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 161
Views: 10168

Re: Is Los Angeles a good place long term to live financially?

Extremely surprised if Lansing is ranked a top place to live, or if Austin is in the midwest.
by mega317
Thu Apr 19, 2018 3:53 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 161
Views: 10168

Re: Is Los Angeles a good place long term to live financially?

Get a job. Any job. It doesn’t have to pay well, and it doesn’t have to be your life’s work. It’s just a job, not a life sentence. Do it for awhile. If you want to move to LA, get a job in LA. This post is well done. I can't think of anything lower-risk than for the OP to get any job in LA. He shou...
by mega317
Tue Apr 17, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Please help figuring out cost of medical treatment(s)
Replies: 8
Views: 768

Re: Please help figuring out cost of medical treatment(s)

The length of many prior threads along the same lines should tell you what you're up against.
by mega317
Tue Apr 17, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle former employer’s retirement plan
Replies: 23
Views: 1662

Re: How to handle former employer’s retirement plan

Kathys wrote:
Tue Apr 17, 2018 6:18 pm
she said once I roll it into my current employer’s plan I can’t get that money out until I leave my current employer
I'm almost sure this is not correct. You can take your money out of any 403b without penalty after 59.5 regardless of whether you're still working.
by mega317
Tue Apr 17, 2018 6:13 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 161
Views: 10168

Re: Is Los Angeles a good place long term to live financially?

Some of my goals are: 1. Get an MBA at a good business school in the area 2. Find a good paying job in LA after graduating 3. Find a beautiful woman to marry who has a high net worth, and hopefully being in a big city like LA I’d find someone 4. Buy a very big house Plenty of good business schools,...
by mega317
Tue Apr 17, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 161
Views: 10168

Re: Is Los Angeles a good place long term to live financially?

1. I'm sure they have MBA schools. 2. "Good paying" can be defined a number of ways. 3. Counterpoint--in LA there are lots of beautiful men with high net worth competing for those women. (Edit: I don't like how I phrased this. I think the point I was trying to make is apparent, but I didn't do it we...
by mega317
Tue Apr 17, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 93
Views: 4109

Re: PC laptops

I love the Bogleheads. OP asks for a PC, clearly meaning a windows computer, and gets 5 suggestions for a Chromebook and one nomenclature correction. I swear by refurbished/used computers. I have had great luck with Ebay--make sure you understand the seller's return policy. I agree to get an SSD. My...
by mega317
Tue Apr 17, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 111
Views: 18971

Re: Muni Money Market funds starting to look good!

Riley15 wrote:
Tue Apr 17, 2018 1:09 pm
If you are in the 12% tax bracket for ordinary income, any amount of QDIV/LTCP should be taxed at the 0% rate correct. Whether it is 20k or 200k.
That is not true. Work through a dummy 1040 line 44 and schedule D.
by mega317
Tue Apr 17, 2018 8:32 am
Forum: Investing - Theory, News & General
Topic: Investing proceeds of home sale
Replies: 15
Views: 1162

Re: Investing proceeds of home sale

1. No HSA. Wife and I have separate health insurance because she has a serious, chronic health condition and really great coverage through her employer. I am healthy and have a plan that's pretty darn affordable and works well for me. I considered an HSA, but if she were to lose her job, it would n...
by mega317
Tue Apr 17, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 2377

Re: Help with CD ladder strategy for emergency fund

realistically your likely outcomes are "Never dip into the emergency fund" and "Liquidate the majority of the fund". Good post, which I agree with except for this specific sentence. The most like scenario, for someone who needs an emergency fund and maintains a certain number of months expense, is ...
by mega317
Mon Apr 16, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Cash instead of bonds?
Replies: 56
Views: 5358

Re: Cash instead of bonds?

DWesterb2iz2 wrote:
Mon Apr 16, 2018 3:32 pm
I think I'd need to have 3-4 years expenses in cash, and at that point it should probably be in bonds.
OK but if you're retiring with a fairly typical 4% withdrawal rate, 25x expenses, then your asset allocation is 84/16 at retirement. Are you good with that?
by mega317
Mon Apr 16, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: San Diego Safari Zoo
Replies: 13
Views: 930

Re: San Diego Safari Zoo

What's your situation? There are other ways to see animals, probably best if you want to entertain little kids for a little while. Free Flight, in Del Mar, has a bunch of exotic birds that you can hold on your hand. Sunshine Gardens in Encinitas is a nursery that randomly has some animals scattered ...
by mega317
Mon Apr 16, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: Investing proceeds of home sale
Replies: 15
Views: 1162

Re: Investing proceeds of home sale

Investing this lump sum in that taxable account is just about the only BH option, correct? What other options do we have to invest this money that would be in line with BH thinking? The only BH option (other than pay down the mortgage) is low-cost index funds according to an appropriate-for-you all...
by mega317
Mon Apr 16, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds - Am I missing something
Replies: 89
Views: 6807

Re: Bonds - Am I missing something

Bond funds will help put your portfolio asset allocation on the so-called Efficient Frontier. Livesoft, can you kindly post some links on what you mean by the above? I am trying to find links to diverting funds to bonds but navigating the forums to glean information is a bit tricky. https://www.goo...
by mega317
Mon Apr 16, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 2377

Re: Help with CD ladder strategy for emergency fund

Can we just put this in perspective that you are talking about a difference of no more than 2.68%, minus 1%, times 10k = 168 taxable dollars a year
by mega317
Sun Apr 15, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Max % of tax exempt bonds in portfolio?
Replies: 10
Views: 743

Re: Max % of tax exempt bonds in portfolio?

I think 25% of your portfolio, and half of your bonds, in munis is totally within reason. Also note that in the 24% bracket the yields on VWIUX and VBTLX are close. If you're uncomfortable just add in a little total bond in taxable.
by mega317
Sun Apr 15, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Investing for a 1 year old
Replies: 9
Views: 1075

Re: Investing for a 1 year old

65??? Sounds like a waste to me. There are plenty of things someone between the ages of 1 and 64 might want to do with money. School trips, tuition, car, wedding, house, kids' education, early retirement.
by mega317
Sun Apr 15, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: "guaranteed" 6% return vs index fund investing
Replies: 30
Views: 2772

Re: "guaranteed" 6% return vs index fund investing

Nothing like the word guarantee to pop a thread.
would likely be very low risk of defaulting
That's quite a qualifier.

This is basically a bond, I don't see how it diversifies.
by mega317
Sun Apr 15, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Should I move 401K? If so where?
Replies: 14
Views: 1171

Re: Should I move 401K? If so where?

Are there really only 2 fixed income options? What is the rate on the stable value? Probably would keep the 401k at Fidelity because you have very good options. Normally I'd say bonds in 401k rather than Roth but if you don't have good options then bonds in Roth is totally fine. And to be honest wit...
by mega317
Sun Apr 15, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Use 25k From Brokerage Account For Investment Property?
Replies: 29
Views: 2096

Re: Use 25k From Brokerage Account For Investment Property?

oinkyboinky wrote:
Sun Apr 15, 2018 2:03 pm
25k is indeed my entire taxable account.
What are you going to do about an emergency fund? Where will you get money to fix the major problem that happens in the first few months of owning this?
by mega317
Sun Apr 15, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Use 25k From Brokerage Account For Investment Property?
Replies: 29
Views: 2096

Re: Use 25k From Brokerage Account For Investment Property?

I don't know if anyone can analyze your numbers in a market defined as "Houston or Florida".

Also we don't know anything else about you. Is 25k your entire taxable account? Or do you have 250k?
by mega317
Sun Apr 15, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: 52 oz, the new orange juice size?
Replies: 21
Views: 1546

Re: 52 oz, the new orange juice size?

Get a juice squeezer. I don't know if it will save you money but it will taste better and you won't feel bad about getting ripped off.
by mega317
Sun Apr 15, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1728

Re: Having Child; Car Purchase maybe?

Yeah there is no such thing as "baby gear". I'm interested to hear your list. Diapers, wipes, clothes, a few rattles or something? Nursing pillow? Pumping supplies? Even a pack-and-play and stroller will easily get into almost any trunk/back seat. Do you have a 90 pound dog like me? They of course n...
by mega317
Sun Apr 15, 2018 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-efficient fund placement?
Replies: 9
Views: 942

Re: Tax-efficient bond/fixed-income placement

Looks good to me with the information available. Any improvement would just be at the fringes. Setting aside the fact that I would never want 2-3 years of cash, you could put it in treasuries with higher yield and no state tax. Even 1 month treasuries beat, after taxes, some of the best high-yield s...
by mega317
Sat Apr 14, 2018 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Summary of Emergency Fund Options
Replies: 16
Views: 1682

Re: Summary of Emergency Fund Options

Treasuries are not taxed by the state, are liquid, and have higher yields than CDs at the shorter terms.
by mega317
Sat Apr 14, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Shorting the actively managed mutual fund market
Replies: 26
Views: 1879

Re: Shorting the actively managed mutual fund market

If you REALLY want to bet against active management.... Find a hedge fund manager. Let them pick a basket of hedge funds. Bet them a million dollars that the return on the S&P will beat the return on the hedge funds over the next 10 years. To date, this strategy has a 100% success rate. :happy No h...
by mega317
Fri Apr 13, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you buy muni and i-bond funds?
Replies: 8
Views: 396

Re: Where do you buy muni and i-bond funds?

There are no i bond funds, and I bonds can only be bought at Treasury Direct. IMO Vanguard has the best municipal bond funds, certainly with the lowest expenses, although I haven't evaluated even a fraction of the options out there in the world so I suppose I am not actually qualified to say that. O...
by mega317
Fri Apr 13, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to transition to a new asset allocation?
Replies: 8
Views: 598

Re: How to transition to a new asset allocation?

The new options are a better fit, seems like an easy decision. Plus you're talking about similar investments--types of bonds, real estate funds. I doubt this is even as consequential as the decision to change your stock/bond ratio by 10%.
by mega317
Fri Apr 13, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Is Today a good day for TLH?
Replies: 15
Views: 1112

Re: Is Today a good day for TLH?

It seems likely to not be worth the effort unless you invested a significant amount in January some time, or late Feb to early March. Bonds on the other hand....
by mega317
Thu Apr 12, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Partial shift from bond funds to CD ladder
Replies: 10
Views: 718

Re: Partial shift from bond funds to CD ladder

Depending on your state tax situation, Treasuries of the same term may be better for you than CDs. 4.25%, so nope. Well the 52-week is at 2.09% which, accounting for your state tax, beats 2.1%. I think the points to be made here are that #1 it is totally reasonable to move your fixed income to CDs ...
by mega317
Thu Apr 12, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investing outside of retirement accounts
Replies: 12
Views: 943

Re: Investing outside of retirement accounts

Given today's market and the fact we could be coming to the end of good times Or we could be at the beginning of a 300 year bull market. My point is no one know what's going to happen at any point in the future and so whatever plan you come up with should not be based on "today's market" and "could...
by mega317
Thu Apr 12, 2018 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Request help with 3-fund portfolio
Replies: 5
Views: 461

Re: Request help with 3-fund portfolio

Welcome to the forum.

I wouldn't think of it as a percentage of the portfolio invested in a single fund, because the funds are nothing more than collections of LOTS of stocks or bonds. What benefit do you think you could possibly gain from splitting it up like you suggested?
by mega317
Wed Apr 11, 2018 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tax emergency--Almost done filing with TurboTax but a couple things are wrong
Replies: 13
Views: 877

Re: Tax emergency--Almost done filing with TurboTax but a couple things are wrong

It's sort of hidden, it takes a few clicks and you can't see all the forms, but you can see the completed 1040 before you file. Search the turbotax forums for exactly what to click.
by mega317
Wed Apr 11, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: Medical Records
Replies: 21
Views: 1265

Re: Medical Records

123 wrote:
Wed Apr 11, 2018 1:57 pm
I don't think a current physician really spends much time looking at medical records from a prior physician.
This is wrong. Get your records.
by mega317
Wed Apr 11, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with some extra cash
Replies: 8
Views: 972

Re: What to do with some extra cash

I'm curious about what happens in 8 years that changes the plan.
by mega317
Wed Apr 11, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: Travel to Costa Rica
Replies: 19
Views: 1780

Re: Travel to Costa Rica

Then we drove to Jaco which is on the west coast Interesting post. I was in Jaco for a few days 13 years ago. I thought it was a dump, not much to do, prostitutes everywhere. Maybe it's changed, or maybe we weren't in the right part of it. Rafting on the Pacuare was, however, one of the best experi...
by mega317
Wed Apr 11, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investing
Replies: 24
Views: 1801

Re: Emergency Fund Investing

Welcome to the forum. I second T bills which, at least for me with in a high tax state, are much better than anything else without risk. They are quite liquid but you could also ladder them. For many more emergency fund ideas you can search the forum, which has at least a few threads on this topic e...
by mega317
Wed Apr 11, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Weekly Commuting
Replies: 22
Views: 2013

Re: Weekly Commuting

One consideration, are you going to furnish the apartment? What about TV, internet, kitchen supplies, etc. If you haven't considered all of that it might change the math a bit. My wife did something like this for a while, though not every week. She had good luck with AirBNB which avoided the above c...
by mega317
Wed Apr 11, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Deploying EF and College funds
Replies: 6
Views: 213

Re: Deploying EF and College funds

1. I would.

2. I would.

It sounds like even if stocks crash and you lose your job you'd have enough in taxable to pay for college and still have more than your nominal 50k emergency fund.
by mega317
Tue Apr 10, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for good way to invest with 0 to few years time horizon
Replies: 7
Views: 464

Re: Looking for good way to invest with 0 to few years time horizon

Treasuries are also a good option with short term rates comparable to or better than high yield savings and state tax free.
by mega317
Mon Apr 09, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Please suggest money market fund to park cash for a few months
Replies: 10
Views: 830

Re: Please suggest money market fund to park cash for a few months

You could also buy treasuries, especially when you have a definite payment date like property taxes.
by mega317
Mon Apr 09, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Post your TLH success / failures
Replies: 6
Views: 591

Re: Post your TLH success / failures

I harvested sizable losses from individual stocks I bought in 2000 in college. That allowed me to balance some gains when I was ready to buy my first house.
by mega317
Mon Apr 09, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Easily digestible info/blog on finances for spouse?
Replies: 35
Views: 2357

Re: Easily digestible info/blog on finances for spouse?

What is your goal? Does she have a spending problem? Is she interested but not willing/able to read large amounts? Are you worried about what will happen if you're no longer able to handle the finances? Each of those would have very different answers in my opinion.
by mega317
Mon Apr 09, 2018 1:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 8084

Re: Too much Bogleheads.org?

rec7 wrote:
Mon Apr 09, 2018 10:55 am
I spend 30 minutes a day on Bogleheads and enjoy it. If I felt it was a problem I would limit it to an hour.
This is a very good post.
by mega317
Mon Apr 09, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 53
Views: 5953

Re: Just how safe is a short-term corporate bond fund?

It's the classic case of incurring higher risk for the expectation of higher reward, in a highly efficient market. This is a great quote. The decision is based on if whether the (possible) higher return is worth the higher risk. Why is the higher return desired or needed? Is the higher risk worth i...
by mega317
Mon Apr 09, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Reinvest dividends or sweep to settlement account
Replies: 38
Views: 4668

Re: Reinvest dividends or sweep to settlement account

The other point is taxes in that it makes little sense to reinvest dividends after paying tax on them and then sell shares with more taxes to fund withdrawals or for rebalancing. Doing research on this topic because it is tax time and I'm thinking of strategies going forward. Apologies for resurrec...
by mega317
Mon Apr 09, 2018 1:08 am
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 66
Views: 8084

Re: Too much Bogleheads.org?

Maybe not an issue for the OP at 13 posts, but I've wondered if there is any relation to a "milestone" in the count. Like, are people statistically likely to spend more time on the site and post more often when they're at 990 posts compared to 1010?
by mega317
Sat Apr 07, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Money Market Funds
Replies: 13
Views: 2145

Re: Money Market Funds

If you are holding enough cash that the difference between 1.73% and 1.45% is significant to you then I might suggest you have too much cash.
by mega317
Sat Apr 07, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: Just how safe is a short-term corporate bond fund?
Replies: 53
Views: 5953

Re: Just how safe is a short-term corporate bond fund?

Not sure I understand the question. I mean a money market fund could limit withdrawals for a time, and in Armageddon it might take some time for FDIC to make you whole.
by mega317
Fri Apr 06, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: SPOT [Investing in Spotify]
Replies: 45
Views: 2525

Re: SPOT [Investing in Spotify]

I guess my question is why do you need our opinion? If there is a consensus that it's a good buy, then the big investors have already gotten in and you've lost your potential edge.