Search found 14 matches

by Variant
Tue Mar 03, 2020 9:12 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311624

Re: Coronavirus and the market

You're right that, with a less open society, China was better positioned to enforce hard quarantines. Maybe that will make a difference? However, I also think there's a vast difference between developing-world China's health care and cultural hygiene vs. the west. That plus increased awareness I'm g...
by Variant
Tue Mar 03, 2020 8:54 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311624

Re: Coronavirus and the market

Morning, all. Recoveries continue to significantly outpace new cases . We're at about 43,000 active cases worldwide currently. Certainly worth monitoring for more accelerated spreads in Europe and US, but I'd be optimistic that we'll be less likely to see China-like numbers given the differences in ...
by Variant
Wed Feb 26, 2020 11:36 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311624

Re: Coronavirus and the market

Geesh. Come on Bogleheads. Stay the course. Remember Ebola? Remember SARS? Headlines do not an economy make...
by Variant
Wed Feb 26, 2020 10:05 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311624

Re: Coronavirus and the market

The reactions still feel a bit irrational. Normal flu has been far more impactful to my $DAYJOB from a purely health perspective (anecdote, I know). Humans tend to be wired to overreact to small, less well understood threats. You're right, of course, to observe that there could be more data points o...
by Variant
Wed Feb 26, 2020 9:34 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4020
Views: 311624

Re: Coronavirus and the market

Morning, all. You may find it informative/reassuring to follow this map . Of note, monitor the "Daily Increase" tab on the chart at bottom right. Recoveries have been out-pacing new cases for some time now. The market will eventually realize this. Everyone overreacting right now by putting travel pl...
by Variant
Tue Sep 03, 2019 3:03 pm
Forum: Personal Investments
Topic: Backdoor Roth Questions
Replies: 5
Views: 629

Re: Backdoor Roth Questions

I have a $27K IRA with USAA I opened in 2003 and contributed to intermittently through 2006. Do you have your tax returns from those years? If so, did you deduct the IRA contributions or file form 8606 to document non-deducted traditional contributions? I checked. I did definitely do some deduction...
by Variant
Tue Sep 03, 2019 1:25 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early - am I thinking about this right?
Replies: 127
Views: 12144

Paying off mortgage early - am I thinking about this right?

Trying to crunch the numbers on whether or not it makes sense to pay off my mortgage. Am currently seven years in to a 30-year fixed @ 3.875% w/ original principal at $334,900. Monthly payment is about $1,500 (this includes interest) to which I've been adding an additional $500 towards the principal...
by Variant
Mon Sep 02, 2019 10:23 pm
Forum: Personal Investments
Topic: Backdoor Roth Questions
Replies: 5
Views: 629

Backdoor Roth Questions

Hi all, My MAGI is about $240K and I fully participate in my employer's 401k (through Fidelity) which doesn't allow after-tax contributions so no option for Mega Backdoor. I have a $27K IRA with USAA I opened in 2003 and contributed to intermittently through 2006. Embarrassingly, I'm not sure if the...
by Variant
Mon Feb 18, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 37195

Re: [2018 tax return - How does it compare to previous years?]

Single, $214K income in 2018. 2017 - Total Federal Tax was ~$38K. Withheld $42.4K and refund was $4,508. 2018 - Total Federal Tax is ~$43.5K. Withheld $43.1K and owe $298. Income increased by $17.2K (combination of increase in salary and dividends). Federal deductions in 2017 were $36.6K, this year ...
by Variant
Thu Jan 03, 2019 12:12 am
Forum: Personal Consumer Issues
Topic: Certified Used BMW, Audi or Mercedes
Replies: 101
Views: 13086

Re: Certified Used BMW, Audi or Mercedes

My own anecdote: I have a 2001 BMW 330i I bought used in 2003. Never did anything beyond the standard warranty that came with the car. Over the life of the car I've averaged less than $1K/yr. maintaining it, but it's been closer to that the last few years. Helps to have a trustworthy independent mec...
by Variant
Wed Sep 05, 2018 11:34 pm
Forum: Personal Investments
Topic: Trying this again - portfolio advice
Replies: 4
Views: 739

Re: Trying this again - portfolio advice

Thanks for all the responses, everyone. Edited post with stock ticker names for clarity. Will review further and respond back shortly!
by Variant
Mon Sep 03, 2018 10:42 pm
Forum: Personal Investments
Topic: Trying this again - portfolio advice
Replies: 4
Views: 739

Trying this again - portfolio advice

Hi folks. I'm a not too sophisticated investor looking to assure myself long-term security (and possibly early retirement) with enough liquidity to enjoy life a little. Overview Debt: $278K mortgage @ 3.875% interest - 30-year fixed (I'm about five years in -- no PMI). Have about $322K in equity in ...
by Variant
Tue Apr 25, 2017 1:18 am
Forum: Personal Investments
Topic: New Here - Looking to Get Started
Replies: 4
Views: 765

New Here - Looking to Get Started

Been lurking and reading, but ready to ask a few questions. I'm 38, single, no kids, and an IT exec working in Southern California's Inland Empire (Redlands area). I've always been financially frugal, but am also naturally risk averse so probably have wasted a number of prime investing years by hold...