Search found 612 matches

by WhiteMaxima
Mon Dec 11, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Use HSA money now for high medical expenses?
Replies: 5
Views: 446

Re: Use HSA money now for high medical expenses?

Pay use your reward credit card to get points. Let HSA grow and claim HSA in later years for maximum tax free growth.
by WhiteMaxima
Mon Dec 11, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Does a tilt toward consumer staples make sense?
Replies: 14
Views: 588

Re: Does a tilt toward consumer staples make sense?

During recession, consumer stabe and utility outperform. But yiu can't market timing it. Just do Total Stock and forget about tilt.
by WhiteMaxima
Mon Dec 11, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest in a bull market
Replies: 17
Views: 1694

Re: When to invest in a bull market

If you can't tolerate a loss in short term, you shouldn't invest in the stock market. I am telling you because I have been through 2001 and 2008. And never invest heavyly in a single stock or your risk of loosing everthing. A broad based low cost index is all you need. Pay less attention to the mark...
by WhiteMaxima
Mon Dec 11, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 58
Views: 3454

Re: Done gone and did it

one BH has 4 mil in VT indexed and one late start at 40 with zero saving, who should worry about retirement the most?
by WhiteMaxima
Mon Dec 11, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest in a bull market
Replies: 17
Views: 1694

Re: When to invest in a bull market

In the long history of investment, when look back, today's peak will be looked as a valley. So stay in course if you believe economy is in growing path and so do company earning.
by WhiteMaxima
Mon Dec 11, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: What's the case for including foreign developed & emerging markets with a 10-12 year outlook on retirement
Replies: 8
Views: 383

Re: What's the case for including foreign developed & emerging markets with a 10-12 year outlook on retirement

Foreign and broad based invest can average the risk. But they all have geopolitical and currency risk for US investors. Vanguard Total Intl fund has all these exposure. US total index still the safest and should be the core of US investor.
by WhiteMaxima
Mon Dec 11, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1408

Re: What cause BH fear about running out of saving though they have big size of asset?

steve50 wrote:
Mon Dec 11, 2017 1:35 pm
Future medical costs!! They can wipe your savings out pretty fast.

People without money don't have to worry about it since everything will be paid for them.
ACA Insurance.
by WhiteMaxima
Mon Dec 11, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 77
Views: 3710

Re: A Trip to Russia

Kitchen 57 in Gum.
by WhiteMaxima
Mon Dec 11, 2017 12:46 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 10
Views: 699

Re: Small cap value vs. total market?

Past performace won't always repeat. Total market is basically an S&P500 cap weighted. Those mega company enjoy the global reach and tax advantages which small cap doesn't normally has. Personally, I think SVC has more value than S&P500 but there are many trade offs. In that sense, I will add some S...
by WhiteMaxima
Mon Dec 11, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 44
Views: 2766

Re: Can we afford to live on one income?

Cut your expense by 50%, your life will be much easier and simple. Yes you can live on single income. The other half should also be ready to take the responsibility if one half is sick and unable.
by WhiteMaxima
Mon Dec 11, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1408

What cause BH fear about running out of saving though they have big size of asset?

What cause BH fear about running out of saving though they have big size of asset?

I see many BH have multi millions but still worry about money. What about for the people without savings at all? Haven't seen so many of them crying for money.
by WhiteMaxima
Fri Dec 08, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1860

Re: Fuel Additives for 2017 Toyota Camry

No need if you run 1st tier gas.
by WhiteMaxima
Fri Dec 08, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 57
Views: 6645

Re: Retire in my early 40s? Crazy or actually doable?

Yes. Just do it. 3% withdraw rate for living+roth coversion if you can limit to 15% bracket.
by WhiteMaxima
Fri Dec 08, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Old 401k Rollover
Replies: 5
Views: 393

Re: Old 401k Rollover

If your current employer offer low cost fund then do. If not, rollover to Vanguard for better choice.
by WhiteMaxima
Fri Dec 08, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: What did you do with your first RMD withdrawal money?
Replies: 54
Views: 3385

Re: What did you do with your first RMD withdrawal money?

529 for future generations. Tax free estate transfer.
by WhiteMaxima
Fri Dec 08, 2017 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Move to International Stock Fund?
Replies: 7
Views: 337

Re: Move to International Stock Fund?

Just set a target % and do a rebalance.
by WhiteMaxima
Thu Dec 07, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7143

Re: At what age your investments start making more money than you?

Market value could be at loss. Does it count as negative income? For any investment, you have to sell into cash to make the gain. Paper value gain is not income.
by WhiteMaxima
Thu Dec 07, 2017 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7143

Re: At what age your investments start making more money than you?

Given excellent recent market returns, it is quite likely that someone who puts away 10% of his income every year will have a better “market” year than “earning” year after about 10-15 years. Not surprising. Of course once retired it’s the norm. It is just gain on paper. Income is always in the for...
by WhiteMaxima
Thu Dec 07, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7143

Re: At what age your investments start making more money than you?

You mean dividend? I won't count appreciation as income because you haven't sell it yet. Reinvested dividends shouldn't count either, right ? No it shoudn't. Income is simply cash dividend. let's say AT&T pays 5% dividend each year. If you need 100k income, you would need 2 mil invested in AT&T.
by WhiteMaxima
Thu Dec 07, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6970

Re: Jack Bogle Is Worried About U.S. Pensions

Low interest is linked to low inflation. Pension won't adjust to inflation. So people would rather low inflation. Company would like high inflation cause pension liability is lower if the interest rate goes higher.
by WhiteMaxima
Thu Dec 07, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7143

Re: At what age your investments start making more money than you?

You mean dividend? I won't count appreciation as income because you haven't sell it yet.
by WhiteMaxima
Thu Dec 07, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Balancing across multiple accounts, and for tax efficiency
Replies: 11
Views: 1084

Re: Balancing across multiple accounts, and for tax efficiency

Bond holding in taxable account is not tax efficient. Frequent rebalance aft-tax will only add tax complication.
by WhiteMaxima
Thu Dec 07, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Spending or Roth Conversions
Replies: 5
Views: 327

Re: Taxable Spending or Roth Conversions

If you are 59 or older, you can start withdraw tax deferred combined with Roth conversion (below 15% tax bracket for zero long term cap gain from tax-able account). so between 59 to 70 you will have 11 years from reduce the fore-tax asset. Private pension will be started at 65 so need to be consider...
by WhiteMaxima
Wed Dec 06, 2017 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4035

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

Capital depreciation write off to save tax. But goods purchased loose it's value. Save tax by wasting money? Don't understand.
by WhiteMaxima
Wed Dec 06, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 25820

Re: Why not take Social Security at 62

Or raise SS tax rate and cap to keep it solvent.
by WhiteMaxima
Wed Dec 06, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: A Trip to Russia
Replies: 77
Views: 3710

Re: A Trip to Russia

Gum department icecream. St Pertersburg fried smelt. My favorite.
by WhiteMaxima
Wed Dec 06, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5118

Re: Recommended places to live

Victoria, BC
by WhiteMaxima
Wed Dec 06, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Boglehead's approach to holiday gift giving?
Replies: 4
Views: 369

Re: Boglehead's approach to holiday gift giving?

I would gift a Vanguard Total Stock Fund to adult and a 529 account to kid and let them start invest. Then each year after I will gift toward to these accounts.
by WhiteMaxima
Tue Dec 05, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 4543

Re: selling an older car on eBay-no bites!

List here. BH will bite.
by WhiteMaxima
Tue Dec 05, 2017 6:02 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 65
Views: 8304

Re: 2018 Subaru Outback

I own a 2015 Subaru Forrester. Great vehicle! I find it funny how people bring up old news about Subaru's burning oil, not as reliable compared to Hondas/Toyotas. Subaru has made tremendous improvements in their products over the recent years. I believe they are on par with other brands now. I like...
by WhiteMaxima
Tue Dec 05, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 607
Views: 162460

Re: Share your net worth progression

Would like to see BH retirement asset winding down progression. It would be more interesting. Of course it is sad to be living poor. But it is more sad to be living poor but dying rich.
by WhiteMaxima
Tue Dec 05, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: What does Medicare cover for oversea retirees?
Replies: 8
Views: 1100

Re: What does Medicare cover for oversea retirees?

CSR credit card covers transfer back to US and some emergency care. But its for travelers booking with their card.
by WhiteMaxima
Tue Dec 05, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Why ORP-I suggests you spending down aft-tax saving 1st?
Replies: 29
Views: 2172

Re: Why ORP-I suggests you spending down aft-tax saving 1st?

So it is necessary to have aft-tax account to cover the expense while doing the Roth conversion. From this point of view, pre-pay mortgage will reduce the aft-tax asset. Let say someone choose to take SS at 70.5. Let say he will 80k need for living expense. He is now X years old. So he would need (7...
by WhiteMaxima
Tue Dec 05, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6545

Re: How to convince DW that high miles used car is OK

You can always buy a new car for your wife. Let her drive up to 200k and you take it over. Continue this cycle and use this to show high used car is perfect. She might agree to switch role when next new car come in.
by WhiteMaxima
Tue Dec 05, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Medicare and retirement for high earner
Replies: 49
Views: 2291

Re: Medicare and retirement for high earner

Once you SS, RMD and pension set, you can't reverse IRMAA process. better do Roth conversion or even contribute maga aft-tax 401k and do a Roth conversion to reduce the future RMD. There's nothing wrong with being in a higher IRMAA tier on a steady basis. It's not like a terminal illness. The IRMAA...
by WhiteMaxima
Tue Dec 05, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: What does Medicare cover for oversea retirees?
Replies: 8
Views: 1100

What does Medicare cover for oversea retirees?

What does Medicare cover for oversea retirees? Emergency care, transfer back to US soil? Should one purchase private insurance during stay abroad? Any retiree live oversea please share your story. Thanks.
by WhiteMaxima
Tue Dec 05, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why ORP-I suggests you spending down aft-tax saving 1st?
Replies: 29
Views: 2172

Why ORP-I suggests you spending down aft-tax saving 1st?

To me , it seems good to spend down tax-deferred to reduce the future RMD. Plus Roth conversion if the total withdraw plus conversion is below certain tax bracket. Leave aft-tax asset alone for emergency or some other purpose.
by WhiteMaxima
Tue Dec 05, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Medicare and retirement for high earner
Replies: 49
Views: 2291

Re: Medicare and retirement for high earner

Once you SS, RMD and pension set, you can't reverse IRMAA process. better do Roth conversion or even contribute maga aft-tax 401k and do a Roth conversion to reduce the future RMD.
by WhiteMaxima
Tue Dec 05, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: How does non-US BH invest?
Replies: 9
Views: 709

Re: How does non-US BH invest?

So most non-US developed world depend on socialized government pension for retirement in the form of higher tax. While in the US, we are basically on our own + very limited SS and pension offer.
by WhiteMaxima
Tue Dec 05, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Medicare and retirement for high earner
Replies: 49
Views: 2291

Re: Medicare and retirement for high earner

So IRMAA counts your last two year MGI. If you start take medicare at 65, you need to planning at 63. Single $85000, Married $170000. Let assume your MGI=RMD+SS+Pension+Dividend Cap gain+Roth Conversion. Thanks OP for the story.
by WhiteMaxima
Mon Dec 04, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: Priority Pass- not quite totally useful
Replies: 19
Views: 2055

Re: Priority Pass- not quite totally useful

I use it whenever travel abroad. Come with CSR card. I like it.
by WhiteMaxima
Mon Dec 04, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value funds in 529 Plans
Replies: 11
Views: 682

Re: Stable Value funds in 529 Plans

2.29% barely beat the inflation. How far away your kids going to college? If it's 10 year away, just do equity. You will be sure seeing a recession and down market during the period. But it will beat that 2,29% CD.
by WhiteMaxima
Mon Dec 04, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: housing for in-laws
Replies: 48
Views: 3474

Re: housing for in-laws

live together is no no. Why don't rent an apt near by for the in-laws?
by WhiteMaxima
Mon Dec 04, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: How does non-US BH invest?
Replies: 9
Views: 709

How does non-US BH invest?

Seems majority of BH in this forum is US based. How does non-US BH invest? Considering majority of the population on this planet live outside US. How do they invest for their retirement. 6 billion of people may be too many. What about the developed world: US, EU, JPN? What do you think of the develo...
by WhiteMaxima
Mon Dec 04, 2017 2:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1115438

Re: U.S. stocks in freefall

Take your emotion away from investment.
by WhiteMaxima
Mon Dec 04, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 5942

Re: Invest or pay off mortgage?

I accelerate pay off for my previous house because I knew I will sell it so get 7% guarantee return (do laugh, that's normal mortgage rate before 2008) is very logic. Bought current house in a major job hub with 20% down. Bought another property with 20% down. At 3% interest rate and 5% appreciation...
by WhiteMaxima
Mon Dec 04, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 5942

Re: Invest or pay off mortgage?

Or half the benefit of each, depending on your perspective... 8-) Exactly. Don't put all egg in one basket though 1/2 of bebefit but also 1/2 of the risk If one has sufficient non-retirement assets and liquidity, there's very little downside risk to paying of housing debt. The only true downside ri...
by WhiteMaxima
Mon Dec 04, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 5942

Re: Invest or pay off mortgage?

1/2 pay off mortgage 1/2 invest. You get benefit of both. Or half the benefit of each, depending on your perspective... 8-) Exactly. Don't put all egg in one basket though 1/2 of bebefit but also 1/2 of the risk If one has sufficient non-retirement assets and liquidity, there's very little downside...
by WhiteMaxima
Mon Dec 04, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Ok reasons for a 37 year old to have a 60/40 mix?
Replies: 61
Views: 8480

Re: Ok reasons for a 37 year old to have a 60/40 mix?

A little conservative but it's ok. You still have 30 years of time to withdraw your investment. There will be at least couple of recessions you will see. At 37, 80/20 is not too risky IMHO.