Search found 3289 matches

by Nate79
Mon Sep 24, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: 401k: Why not only after-tax?
Replies: 36
Views: 3749

Re: 401k: Why not only after-tax?

Remember the that you are contributing at your marginal tax rate but will withdraw at a lower effective rate due to tax brackets. So effectively you need to have a significant size of pre tax funds to fill up the lower tax brackets first. You can calculate how much this would be (@4%SWR) before worr...
by Nate79
Mon Sep 24, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for My First Recession?
Replies: 39
Views: 3025

Re: Preparing for My First Recession?

How healthy is your emergency fund? Thanks for this question. Emergency Funds had been on my mind but forgot to put them in my post: 1. I think that my larger fear is that in a recession I would be forced to realize my losses in investments due to loss of a job or needing funds. 2. I work in a very...
by Nate79
Mon Sep 24, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for My First Recession?
Replies: 39
Views: 3025

Re: Preparing for My First Recession?

How healthy is your emergency fund?
by Nate79
Sun Sep 23, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Zero-ER Fidelity Funds [Closed to new investors?]
Replies: 38
Views: 2699

Re: Zero-ER Fidelity Funds

I apologize if you do not see value in my challenging the assumption that a financial firm would try and take advantage of its clients. Most of zero cost or low cost popular passive index products been doing just fine. Don't see merit to your point. My point is that just because Fidelity calls it a...
by Nate79
Thu Sep 20, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Universal Life article in WSJ 9/20/18
Replies: 14
Views: 1512

Re: Universal Life article in WSJ 9/20/18

What a horrible product. Belongs in the trash bin with the other permanent insurance products.
by Nate79
Wed Sep 19, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents are in debt - Need advice
Replies: 39
Views: 4660

Re: Elderly parents are in debt - Need advice

They may just consider defaulting on all the debt. If they can't afford to pay they can't afford. They sound like they are judgement proof. No income except SS, no assets either. The car is gone either way (will be repo'd or will lose it in bankruptcy). Bankruptcy I believe costs money and I'm not s...
by Nate79
Wed Sep 19, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2529

Re: Traveling overseas .. credit cards? cash exchange?

There seems no reason to use credit cards with foreign transaction junk fees. Just get a credit card that gives both cash back and no foreign transaction fee. They are pretty common these days. Any chance you are a member of Costco? Their credit card is no foreign transaction fee and good cash back.
by Nate79
Wed Sep 19, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3981

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

I would have her transfer everything to Vanguard PAS advisory service and stay out of making recommendations. PAS will have trouble jamming this portfolio into the PAS box, due to the numerous individual stocks and REITS with capital gains, plus the individual muni bonds. Agree with the other comme...
by Nate79
Wed Sep 19, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Pay-off or keep mortgage with 2018 interest deduction changes?
Replies: 17
Views: 1619

Re: Pay-off or keep mortgage with 2018 interest deduction changes?

Any prepayment of the mortgage, whether paying it off or just putting one extra dollar gets you a guaranteed 3.5% after tax return. So the question that was already mentioned is do you think that if you instead put the money in the market however you have it invested it will beat a 3.5% after tax re...
by Nate79
Wed Sep 19, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Which mortgage would you prepay?
Replies: 12
Views: 1048

Re: Which mortgage would you prepay?

Unfortunately people get mixed up when they look at amortization schedules. The return of a prepayment is the interest rate on the loan. The amount of interest you pay on a mortgage is just the interest rate times the outstanding principle on a monthly basis.
by Nate79
Tue Sep 18, 2018 10:37 pm
Forum: Personal Consumer Issues
Topic: State Farm nickel-and-diming me
Replies: 61
Views: 5217

Re: State Farm nickel-and-diming me

Not sure why you aren't getting your insurance company involved. It's not like they can not find out about it. Some policies require you to report all claims.
by Nate79
Tue Sep 18, 2018 10:33 pm
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3349

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

Option 3 or other cars - buy something you can actually afford which is not what you current have.
by Nate79
Tue Sep 18, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help with limited 401k fund options
Replies: 6
Views: 301

Re: Help with limited 401k fund options

What are the expense ratios of each fund?
by Nate79
Tue Sep 18, 2018 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Over Management of $7M Portfolio - Need Review/Help Allocating
Replies: 50
Views: 3981

Re: Taking Over Management of $7M Portfolio - Need Review/Help Allocating

I would have her transfer everything to Vanguard PAS advisory service and stay out of making recommendations.
by Nate79
Tue Sep 18, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: PPO to HSA switch - Planned Pregnancy
Replies: 9
Views: 618

Re: PPO to HSA switch - Planned Pregnancy

Also, for each plan you need to know do you have individual and family deductibles and maximums? For example with my employer the HSA/HDHP plan is only family deductible and family out of pocket max, there are no individual numbers. But the PPO is completely different there is both individual and fa...
by Nate79
Mon Sep 17, 2018 11:37 pm
Forum: Investing - Theory, News & General
Topic: How can I buy ALIBABA and TENCENT stock?
Replies: 29
Views: 2534

Re: How can I buy ALIBABA and TENCENT stock?

The easiest way is to buy the corresponding ADRs BABA and TCEHY. It is possible to trade on a foreign exchanges though, if that's what you are asking. Probably you need to look at buying H-shares (Hong Kong) due to Chinese capital flow and foreign investment restrictions. Yahoo became Altababa (NAS...
by Nate79
Mon Sep 17, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1627

Re: Whole Life vs Universal Life Insurance

I am 29, and want to start a life insurance policy. I am attracted to the permanent plans, as they can actually pay back. I am trying to decided if I should go with whole life or Universal. From reading it seems like whole life usually offers some good dividens that can be reinvested, but universal...
by Nate79
Mon Sep 17, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: retroactive change to State Retirement plan illegal?
Replies: 17
Views: 1951

Re: retroactive change to State Retirement plan illegal?

It's not like it wasn't review by legal teams already but you could hire your own lawyer to represent yourself.
by Nate79
Sun Sep 16, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Staying with the old platform Mutual Funds
Replies: 12
Views: 1207

Re: Staying with the old platform Mutual Funds

Vanguard has said they plan to migrate everyone to the brokerage system eventually. Enjoy it while it lasts.
by Nate79
Sat Sep 15, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 3915

Re: The Boglehead is anti-entrepreneur?

Nothing wrong with starting ones own business (my family is full of small businesses and self employed) but it is very risky. Something like only 1/3 small businesses make it to 10 years and 1/4 to 15 years. Using debt to fund the small business magnifies the risk.
by Nate79
Sat Sep 15, 2018 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions on American Funds
Replies: 28
Views: 1867

Re: Opinions on American Funds

What funds do you have access to and what are their actual ER?
by Nate79
Sat Sep 15, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Assets Held In Street Name
Replies: 52
Views: 1398

Re: A Great Reason to Consider Vanguard's Brokerage Services

I do not understand the big worry here. My understanding is that even though shares held in street name have the brokers name on the certificate (which allows them to be traded more efficiently) these shares are held in separate accounts at a custodian and the customer still retains ownership rights...
by Nate79
Sat Sep 15, 2018 9:53 am
Forum: Investing - Help with Personal Investments
Topic: How much in a brokerage account?
Replies: 7
Views: 779

Re: How much in a brokerage account?

Even if the broker goes bankrupt you have to ask what is the actual risk to the securities that you own? I think very little risk. The securities you own are not assets of the broker. And you own actual securities - i.e. you own a share of a mutual fund which in turn owns shares of Microsoft and Goo...
by Nate79
Sat Sep 15, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: PSA: Cross country relocation expenses
Replies: 13
Views: 1246

Re: PSA: Cross country relocation expenses

We are in the middle of a company relocation, Oregon to Delaware. Luckily the company pays for the logistics moving costs and tries its best to make it as smooth and painless as possible but man is it a lot of work to move your family and pets across the country.
by Nate79
Fri Sep 14, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Using 401k loans to max tax advantaged accounts early in career
Replies: 24
Views: 1241

Re: Using 401k loans to max tax advantaged accounts early in career

If you withdraw the money it is not invested but instead pay back as interested like fixed income. So you could consider it like fixed income but if you are early in your career this will mean way too high fixed income allocation. Seems a waste of time to me.
by Nate79
Fri Sep 14, 2018 4:25 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting - wash sale rule
Replies: 57
Views: 3170

Re: Tax loss harvesting - wash sale rule

I think the IRS originally got it right when they said two different mutual funds can not be substantially identical. They should have left that guidance in the documents and left it at that. To broadly say to mutual funds that track the same index are substantially identical is false and we know t...
by Nate79
Fri Sep 14, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting - wash sale rule
Replies: 57
Views: 3170

Re: Tax loss harvesting - wash sale rule

I think the IRS originally got it right when they said two different mutual funds can not be substantially identical. They should have left that guidance in the documents and left it at that. To broadly say to mutual funds that track the same index are substantially identical is false and we know t...
by Nate79
Fri Sep 14, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting - wash sale rule
Replies: 57
Views: 3170

Re: Tax loss harvesting - wash sale rule

I think the IRS originally got it right when they said two different mutual funds can not be substantially identical. They should have left that guidance in the documents and left it at that. To broadly say to mutual funds that track the same index are substantially identical is false and we know t...
by Nate79
Fri Sep 14, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting - wash sale rule
Replies: 57
Views: 3170

Re: Tax loss harvesting - wash sale rule

I think the IRS originally got it right when they said two different mutual funds can not be substantially identical. They should have left that guidance in the documents and left it at that. To broadly say to mutual funds that track the same index are substantially identical is false and we know th...
by Nate79
Fri Sep 14, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 97
Views: 6917

Re: Leasing Cars in Retirement

Not sure how much different leasing vs buying (by financing) would be different from an asset spend down perspective, especially if you get long enough financing. Leasing is just another form of financing. Sure the monthly payments would be less somewhat vs a long financing term but I don't think it...
by Nate79
Thu Sep 13, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Paying down mortgage vs investing
Replies: 30
Views: 2490

Re: Paying down mortgage vs investing

Thanks for the reply. I will lock in a rate in the next week or two, but am looking at either 15/30 yr fixed loans which are roughly 3.75-4.25%. The house is under $300k making the mortgage payment approximately $1300-1900 depending on the term and whether we put 10 or 20% down. We could comfortabl...
by Nate79
Thu Sep 13, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance
Replies: 13
Views: 1073

Re: Life Insurance

I finalized life insurance from Term4Sale (Protective) but still shopping for my wife's life insurance. She is diabetic. Are there any diabetic friendly life insurance companies? The quotes I got a quite high. Thank you, A good independent broker should be able to shop for term insurance thru speci...
by Nate79
Thu Sep 13, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 53
Views: 4970

Re: Ray Dalio’s latest fearmongering round

If a US investor is worried about the safety of the US dollar and treasuries they have a whole lot more to be worried about than the safety of their bond portfolio.
by Nate79
Thu Sep 13, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 1883

Re: dumb dentist question - canceling whole life insurance

You can get all the premium back. I helped guide the poster you referred to and he got all his money back. I would assume the agent is a New York Life, Northwestern or Guardian agent. I wrote a ghost letter for the guy to send certified to the agent, his boss and the president of the company. They ...
by Nate79
Thu Sep 13, 2018 9:54 am
Forum: Personal Consumer Issues
Topic: Subaru Forester - ready to buy
Replies: 43
Views: 4159

Re: Subaru Forester - ready to buy

A couple of things; 1) Be sure to carefully compare the 2018 specs to the 2019 specs since there may be differences in details, especially if they have upgraded the safety features and sound systems. For example an older model might have Eyesight 1.0 and the 2019 might have Eyesight 2.0 2) Here is ...
by Nate79
Thu Sep 13, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 10011

Re: Massive Student Loan Debt - Fiancee

Introduce her to Dave Ramsey. Perhaps his book or start playing his podcasts/youtube videos in the background.
by Nate79
Wed Sep 12, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: Pension alternatives
Replies: 41
Views: 3213

Re: Pension alternatives

I start this thread assuming it will be a debate, and that most of you will not like my idea. I'm okay with this because critique, more ideas, opinions and perspectives to consider can usually drive decision quality. I don't have a pension. I will have social security. I would like additional stead...
by Nate79
Wed Sep 12, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting Question
Replies: 7
Views: 467

Re: Tax Loss Harvesting Question

Im glad to hear that criteria may be garbage. has there been any specific publications on what the IRS determines to be substantially identical? also the IRS had specifically listed IRAs and Roth IRAs as possibly triggering the wash sale rules with taxable accounts, but how about employer sponsored...
by Nate79
Wed Sep 12, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting Question
Replies: 7
Views: 467

Re: Tax Loss Harvesting Question

Garbage article. Pure fantasy not based in reality.
by Nate79
Wed Sep 12, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy
Replies: 34
Views: 3587

Re: WSJ 9/12/18- Fidelity Doubles Down on Free Fund Strategy

$1B in a month is actually very good. Vanguard gets about $12B TOTAL inflows in a month and their biggest fund, Total stock market index family gets in range of $3-4B inflows in a month. $1B per month would put this single fund in the top 10 inflows for all mutual funds.
by Nate79
Wed Sep 12, 2018 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale rules help
Replies: 25
Views: 1077

Re: Wash Sale rules help

I don't really want to spend the time investigating and setting up and alternative fund to get into in the meantime, plus there's the rule about not investing in similar type funds which is exactly what I'd be interested in doing. The IRS terminology is "substantially identical", which I think is m...
by Nate79
Wed Sep 12, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Upper six-figures portfolio & tax management part 2
Replies: 18
Views: 2592

Re: Upper six-figures portfolio & tax management part 2

In addition to what was mentioned put all new money invested towards bonds in taxable and tax deferred. Honestly 7% is kind of meaningless in the grand scheme of things. No need to incur tax cost to rebalance for such a minor allocation difference. You are also debt free so you are not leveraged whi...
by Nate79
Wed Sep 12, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4104

Re: Fidelity, Schwab, or Vanguard

I would like to add a different perspective. I personally am more cautious about Schwab because its a publicly traded company. Does that mean its rampant with corruption, no. However it does mean that turning and growing profits for its many 'investors' is among its top goals. I like being part of ...
by Nate79
Wed Sep 12, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale rules help
Replies: 25
Views: 1077

Re: Wash Sale rules help

I don't really want to spend the time investigating and setting up and alternative fund to get into in the meantime, plus there's the rule about not investing in similar type funds which is exactly what I'd be interested in doing. The IRS terminology is "substantially identical", which I think is m...
by Nate79
Wed Sep 12, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 61
Views: 4104

Re: Fidelity, Schwab, or Vanguard

I would like to add a different perspective. I personally am more cautious about Schwab because its a publicly traded company. Does that mean its rampant with corruption, no. However it does mean that turning and growing profits for its many 'investors' is among its top goals. I like being part of ...
by Nate79
Wed Sep 12, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 10011

Re: Massive Student Loan Debt - Fiancee

What are the job prospects and potential salary range she is looking at? I question the PSLF as a route as likely she should be able to get a really good job and pay off the debt with your combined household income. Of course if she takes some low paying public service job things will be different b...
by Nate79
Wed Sep 12, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 1883

Re: dumb dentist question - canceling whole life insurance

Contact the insurance company and complain with written details any negative or lies told by the salesman when they tricked you into buying this policy. I would also threaten them to go to the state insurance commissioner as well as informing every one of your friends, customers, local newspaper, e...