Search found 2537 matches

by mega317
Sun Sep 09, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Recommendations on taxable account
Replies: 11
Views: 1484

Re: Recommendations on taxable account

Is this taxable account going to be mostly spent on your upcoming expenses? If so those options might even be too aggressive. If I was buying a house and paying for a wedding within 5 years I'd be saving, not investing.
by mega317
Sun Sep 09, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale question- are ITOT and VTI Substantially Identical?
Replies: 78
Views: 6720

Re: Wash sale question- are ITOT and VTI Substantially Identical?

That's fair. I suppose my point also includes the fact (or at least my belief) that words typed by internet strangers are unlikely to change someone's comfort level with some risk that they believe exists, regardless of evidence. I don't know anthropology literature but I can think of one or two clo...
by mega317
Sun Sep 09, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Wash sale question- are ITOT and VTI Substantially Identical?
Replies: 78
Views: 6720

Re: Wash sale question- are ITOT and VTI Substantially Identical?

To be fair/clear I don't think people are making up "rules" so much as determining what level of avoidance makes them comfortable. I might feel comfortable not giving Bigfoot a moment's consideration while someone else might avoid going more than x miles deep into the woods and another might avoid t...
by mega317
Wed Sep 05, 2018 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth it to place 'limit orders' to buy particularly the more volatile ETFs?
Replies: 24
Views: 1056

Re: Is it worth it to place 'limit orders' to buy particularly the more volatile ETFs?

OP you are wrong. I offer two pieces of evidence. One is circumstantial: no one has "figured out" this strategy before. If it was viable everyone would do it and it would no longer be. As for the other, look at a long term stock chart. The trend is clearly up. I suppose I can't say the probability o...
by mega317
Wed Sep 05, 2018 2:20 am
Forum: Investing - Help with Personal Investments
Topic: 401k Total Market + bond instead of 3-fund portfolio?
Replies: 2
Views: 359

Re: 401k Total Market + bond instead of 3-fund portfolio?

Another reason might be that you already have your portfolio set to way you want it.
by mega317
Wed Sep 05, 2018 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Obtaining records from old prior accts
Replies: 5
Views: 615

Re: Obtaining records from old prior accts

I can just give you my own experience. I had a Roth with Wells Fargo for a while. A year after it was closed I wanted the records of my contributions. One of the phone reps literally laughed at me.

It's possible your records don't physically (also electronically) exist anymore.
by mega317
Wed Sep 05, 2018 12:16 am
Forum: Personal Finance (Not Investing)
Topic: 2018 tax - filling marginal tax rate with Roth
Replies: 5
Views: 644

Re: 2018 tax - filling marginal tax rate with Roth

The standard deduction is 24k so you're already working with inaccurate data. Have you plugged all your numbers into the 1040 spreadsheet you have surely created? But I think you have the principle correct.
by mega317
Wed Sep 05, 2018 12:11 am
Forum: Investing - Help with Personal Investments
Topic: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)
Replies: 23
Views: 3323

Re: VSUXX vs VMMXX vs VMFXX vs Money Market (FDIC insured)

Individual treasuries would also work. What's the money for? You could ladder them to have some mature periodically, and they are also quite liquid.
by mega317
Wed Sep 05, 2018 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Best Vanguard fund for stability
Replies: 13
Views: 1610

Re: Best Vanguard fund for stability

"Best" depends heavily on what you mean by stability and what you're trying to do. If you don't want to lose money at any time you need a money market fund. The other two you mention have stocks. I assume this is what you want if only for a year or two. If you just want less volatility than 2045 you...
by mega317
Tue Sep 04, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9661

Re: How to "waste" money on groceries?

Bottled water. I was just getting ready to type this. We buy those huge jugs that are intended to sit on a dispenser, but in our case they just sit in the garage and we pour into smaller containers for the fridge. At least we don't buy those little individual bottles. My wife won't touch tap water-...
by mega317
Sun Sep 02, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Reducing expense ratios and simplifying... perhaps with a single fund.
Replies: 11
Views: 1080

Re: Reducing expense ratios and simplifying... perhaps with a single fund.

You don't have to worry that survivorship bias with a total market index fund, you are just owning the stock market. Anything that would "kill off" that fund would also crater just about any others investment you might have chosen in its place.
by mega317
Sun Sep 02, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: Investing for nieces/nephew outside of 529
Replies: 11
Views: 1035

Re: Investing for nieces/nephew outside of 529

What is the problem you are trying to solve? If it is lower interest rate there are a million ways to beat the current rate and the whole question has nothing to do with a 529. Also what do their guardians think?
by mega317
Thu Aug 30, 2018 12:41 am
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2420

Re: Your Best Mood Boosting Books (not self-help)

Finridge wrote:
Wed Aug 29, 2018 2:59 pm
Almost any of Dr. Seuss' books. This is not a joke.
Except the lorax. Sad. The end doesn't turn it around for me. Fox in Socks is underrated.
by mega317
Tue Aug 28, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 321
Views: 33728

Re: U.S. stocks continue to soar!

willthrill81 wrote:
Tue Aug 28, 2018 2:52 pm
the recovery since 2009 has been referred to as the 'most unloved bull market ever'.
Why?
by mega317
Tue Aug 28, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: 6 figure sum to Vanguard Money Market or Savings account?
Replies: 12
Views: 1290

Re: 6 figure sum to Vanguard Money Market or Savings account?

I will second the suggestion of T bills. Also state tax-exempt if that's relevant for you. My TEY for even a 4 week bill beats VMMXX.
by mega317
Tue Aug 28, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I move all my bonds to 401K?
Replies: 9
Views: 1083

Re: Should I move all my bonds to 401K?

I can't show you the math but I would lean towards picking the cheapest fund in your 401k and build from there. What state do you live in? Munis are definitely a consideration. In my state someone in the highest bracket would pay 20%+11%+3.8% or about 35% on qualified stock dividends vs nothing on m...
by mega317
Mon Aug 27, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 321
Views: 33728

Re: U.S. stocks continue to soar!

I don't think this thread will have the same juice. First of all stocks going up don't generate the same emotions due to loss aversion. Second, there aren't really reverse crashes where stocks go up 50% rapidly. Perhaps the counterpart to people worrying about and losing their jobs during a crash wo...
by mega317
Mon Aug 27, 2018 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: shopping laptop
Replies: 5
Views: 739

Re: shopping laptop

What exactly does "home" and "business" mean? Are you doing video editing? Gaming? For most people I recommend buying something used or refurbished with an SSD, 8gb RAM, and newish Pentium processor. I buy my laptops on Ebay from highly-rated sellers with good return policies and have been extremely...
by mega317
Mon Aug 27, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help Choosing Investments for my Roth IRA
Replies: 4
Views: 614

Re: Help Choosing Investments for my Roth IRA

For the Roth IRA, I was was thinking about putting $1k into a Vanguard Target Retirement 2065 (VLXVX) and trickle money into it until I got enough to sell and buy actual mutual funds. This in a vacuum is a great plan. But really you need to back up and first develop an overall plan. What is a "big ...
by mega317
Mon Aug 27, 2018 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: best fixed income investment as interest rates increase
Replies: 4
Views: 805

Re: best fixed income investment as interest rates increase

Welcome! You're asking about timing the bond market. IMO, just like my opinion with stocks, is that it can't be done. 1. Bond fund share prices have already taken into account expected increased in interest rates. You can't predict better that anyone else what will happen unexpectedly beyond that. 2...
by mega317
Mon Aug 27, 2018 11:06 pm
Forum: Personal Consumer Issues
Topic: How do you make use of this boglehead.org?
Replies: 20
Views: 2329

Re: How do you make use of this boglehead.org?

Your question caused me to reflect and glance back through some posts. I realize now that it's a lot of me pushing treasuries and telling people their complicated treatment of their tiny emergency fund is a waste of time! Hopefully I do a good job of reframing at least. I have backed off on respondi...
by mega317
Mon Aug 27, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing question...
Replies: 15
Views: 662

Re: Rebalancing question...

IMO no. Check again in a year or more :wink:

I think the most common threshold people use is 5/25. My own strategy is to do it once a year regardless of how far off I am. I suppose if there was a big crash I would look at it sooner.
by mega317
Mon Aug 27, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Your Best Mood Boosting Books (not self-help)
Replies: 29
Views: 2420

Re: Your Best Mood Boosting Books (not self-help)

I loved reading about the Apollo program--most recently Apollo 8 by Jeffry Kluger and A Man on the Moon by Andrew Chaikin. It makes me feel good to read about major historical accomplishments, teamwork, etc.
by mega317
Mon Aug 27, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Sell highly-technical books or hold onto (somewhat unreal) fantasy that I'll read them
Replies: 16
Views: 1051

Re: Sell highly-technical books or hold onto (somewhat unreal) fantasy that I'll read them

It makes some people feel good to hang on to fantasies like this one, and feeling good is good. And things that are interesting and keep your mind sharp are perfect in retirement. I'd hang on to them unless the space they occupy is bothering you or you could get a huge sum for them. Related: I won't...
by mega317
Mon Aug 27, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10711

Re: Take auto loan 0.9% if I can afford cash?

Does taking a cheap loan and putting the money somewhere with guaranteed higher return even count as leverage? Leverage involves risks. If someone loaned me $50k at 0.9% APR for three years and I put that money on a three-year 3.0% CD, there is no risk whatsoever. TravelforFun This is basically my ...
by mega317
Sun Aug 26, 2018 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help with windfall and taxable account funds
Replies: 4
Views: 646

Re: Help with windfall and taxable account funds

Welcome! - Yeah I'd pay off the mortgage. - I'd probably sell the munis. At the 22% bracket you're breaking even at best with yield, but with individual bonds you have increased risk compared to a diversified taxable bond fund. - You could also boost the 529 with a big contribution. - I am in favor ...
by mega317
Sun Aug 26, 2018 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10711

Re: Take auto loan 0.9% if I can afford cash?

Does taking a cheap loan and putting the money somewhere with guaranteed higher return even count as leverage?
by mega317
Sun Aug 26, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Why own 401k and traditional IRA?
Replies: 25
Views: 1554

Re: Why own 401k and traditional IRA?

It is unclear where exactly op is coming from. Do you think one cannot deduct both? Do you make too much to deduct ira? If that's the case, you still need a traditional ira to hold your backdoor Roth contribution for a day or two :happy
by mega317
Sun Aug 26, 2018 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Reallocating my 403b - Advice welcome!
Replies: 16
Views: 839

Re: Reallocating my 403b - Advice welcome!

Q1: it would even be reasonable to hold only one fund at 100% in this account because
Q2: I would recommend having one allocation across accounts.

I would actually be less aggressive (bonds) in the tax deferred accounts.
by mega317
Sun Aug 26, 2018 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch Preferred Deposit
Replies: 10
Views: 2503

Re: Merrill Lynch Preferred Deposit

One catch I can think of is the advisor has you on the phone to try to talk you into doing something more lucrative for him or her with the money. You are aware that you can get higher rates with FDIC, right?
by mega317
Sun Aug 26, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: UTMA account - VTSMX vs. FZROX
Replies: 6
Views: 455

Re: UTMA account - VTSMX vs. FZROX

Do you already have accounts at either firm? I'd go with that one. If you are properly harvesting gains the distributions won't make a difference until and unless the account becomes huge.
by mega317
Fri Aug 24, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy index funds?
Replies: 6
Views: 1078

Re: How to buy index funds?

Welcome to the forum. May I ask how you bought the fund in your Roth IRA? And why you can't do the same process for other funds?

I ask because I'm not certain how deep your question goes. What type of account is holding the 90-100k right now?
by mega317
Fri Aug 24, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: Is it worth chasing down this $10 fee?
Replies: 38
Views: 3123

Re: Is it worth chasing down this $10 fee?

Who cares if the card issuer laughs? If it was me I would call and ask, can't hurt.
by mega317
Fri Aug 24, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: A bond to buy?
Replies: 14
Views: 782

Re: A bond to buy?

Unless you really know what you're doing and want to spend serious time on this, I don't see the advantage over just holding a short or intermediate term bond fund and taking out what you need when you need it.
by mega317
Fri Aug 24, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: A bond to buy?
Replies: 14
Views: 782

Re: A bond to buy?

If you're in the 12% bracket munis are almost certainly a mistake. You can get higher after tax yield for the same risk. I don't have the knowledge base to evaluate individual bonds but comparing similar vanguard muni and taxable bond funds, including state specific, puts the break even around the 2...
by mega317
Fri Aug 24, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: 457 Enrollment
Replies: 9
Views: 646

Re: 457 Enrollment

I don't know anything about your plan or other options but I just wanted to point out that 0.42% isn't a total disaster, you will still be able to meet your financial goals just fine.
by mega317
Thu Aug 23, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Where to stash funds for adult daughter?
Replies: 15
Views: 1865

Re: Where to stash funds for adult daughter?

You have 20k in unrealized gains in several years? The reason to clarify is that this doesn't sound right and it might affect the best way to approach taxes.
by mega317
Thu Aug 23, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: After-Tax 401A or Taxable Mutual funds / etf at Vanguard
Replies: 9
Views: 475

Re: AFTER TAX 401A or TAXABLE Mutual funds / etf at Vanguard

So basically i can move "only my contribution in the 401a" directly to roth. each year. am assuming this is same as a any roth 401k? where the after tax can directly be rolled over to a roth. I don't know about splitting up contributions vs earnings--I think you can--but it would be preferable to m...
by mega317
Thu Aug 23, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: After-Tax 401A or Taxable Mutual funds / etf at Vanguard
Replies: 9
Views: 475

Re: AFTER TAX 401A or TAXABLE Mutual funds / etf at Vanguard

You are mistaken about a couple of things. The 401a never goes through a traditional ira -- it goes straight to Roth. And this process is completely independent of the backdoor Roth.
by mega317
Thu Aug 23, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with cash in this market?
Replies: 34
Views: 3311

Re: What to do with cash in this market?

Do you own any stock at all? A decision to "wait for the inevitable" would necessitate selling every stock you own in order to wait.
by mega317
Thu Aug 23, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: After-Tax 401A or Taxable Mutual funds / etf at Vanguard
Replies: 9
Views: 475

Re: AFTER TAX 401A or TAXABLE Mutual funds / etf at Vanguard

I think you may have misunderstood the question. Or maybe I did. I would only do the after-tax 401a if you have the option for in service rollovers to get it into a Roth. I would also only do that if you have enough money in taxable to serve as an emergency fund and to cover planned upcoming expense...
by mega317
Wed Aug 22, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance
Replies: 1
Views: 280

Re: Rebalance

I like the idea. Two comments:
1. You don't really know how long it would take because in the interim one fund could go way up or down.
2. If you are really out of whack from where you want to be from a risk standpoint it might be worth considering paying some capital gains taxes to reduce the risk.
by mega317
Wed Aug 22, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10515

Re: I own 1,387 items!

At some level we can draw borders around individual atoms Is it true what I read once, that there are more atoms in a grain of sand than there are grains of sand on every beach in the world? This has been an inspiring thread I have thrown away or put in the donate pile hundreds of things from the g...
by mega317
Wed Aug 22, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Short term investment (90 days)- but too large for CD's
Replies: 9
Views: 1086

Re: Short term investment (90 days)- but too large for CD's

megabad wrote:
Wed Aug 22, 2018 11:33 am
SEC yield is backward looking
This is not correct
by mega317
Wed Aug 22, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Schwab new issues CD prices
Replies: 3
Views: 830

Re: Schwab new issues CD prices

52 week treasury is north of 2.4% and not taxed by the state, it's probably better for you. You might want to find out your tax rates.
by mega317
Wed Aug 22, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10515

Re: I own 1,387 items!

A person has 14 rolls of pennies, each penny is an item, how many items do I have? If these are 50-cent rolls, you have 14 x 50 + 14 (containers) = 714 items. You have 14 x $0.50 = $7 worth of pennies. If you exchange your pennies for dollars, you will have 7 x 1 + 0 (no containers) = 7 items. You ...
by mega317
Wed Aug 22, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Schwab new issues CD prices
Replies: 3
Views: 830

Re: Schwab new issues CD prices

1. They would.
2. Probably a good question for Schwab. I bet the website or a phone rep could answer quickly.

What yields are you seeing, and what is your state tax rate? 52 week treasuries are competitive.
by mega317
Wed Aug 22, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Good bond duration for low risk, younger investor
Replies: 16
Views: 1258

Re: Good bond duration for low risk, younger investor

Your stock/bond ratio has a bigger impact on risk than the type of bonds you hold. I don't see why you would want to fall on the more conservative end of the scale yet increase your bond risk. KISS principle probably applies here. (I like the idea of being able to hold some actual bonds along with m...
by mega317
Wed Aug 22, 2018 5:52 am
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10515

Re: I own 1,387 items!

Grt2bOutdoors wrote:
Wed Aug 22, 2018 5:48 am
A person has 14 rolls of pennies, each penny is an item, how many items do I have?
714.

Op did you count each coin in the house separately?