Search found 266 matches

by Ethelred
Wed Dec 13, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 52
Views: 3825

Re: TaxAct and alternatives

Got an email today that the Taxact 2017 preview is available. So I downloaded it and today is going to be preliminary tax day for me. Notably, TA preview gets later and later every year. Thanks for letting us know. A month ago, they said it wouldn't be available until January, so I guess that's a s...
by Ethelred
Tue Dec 12, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: Small cap value vs. total market?
Replies: 34
Views: 2491

Re: Past Performance ?

Bill Schultheis, adviser and author of The Coffeehouse Investor : "Using past performance numbers as a method for choosing mutual funds is such a lousy idea that mutual fund companies are required by law to tell you it is a lousy idea." Taylor, Do you see the irony of using a quote from a financial...
by Ethelred
Tue Dec 12, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

Just curious - What types of documents are you finding yourself having to digitize? I access everything I need to in a digitized format. Everything I need already comes in digitized format: PDFs from all my banks, brokerages, Health-care provider, etc. All my bills are sent to my bank digitized. In...
by Ethelred
Tue Dec 12, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

avenger wrote:
Tue Dec 12, 2017 2:11 pm
ScannerPro creates searchable documents.
Sure, as do some of its competitors, and the review I checked suggested that the OCR is pretty good. But phone scanning is not efficient enough unless you have a pretty small number of documents to scan.
by Ethelred
Tue Dec 12, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

How do you gentlemen organize the scanned data? Is it a pain to handle filename/details? Any other pro tips to make scanning large number of files and photos less painful? So, this is what I've found. Scanning by phone is obviously impractical if you have a lot of documents to scan. If you have few...
by Ethelred
Tue Dec 12, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2320
Views: 421481

Re: What's Your Credit Card Rewards Strategy?

UpperNwGuy, drk, curmudgeon, shariq1989: Thank you for your excellent ideas. Plan A: Keep the Sapphire card for now (one year anniversary isn't until July 2018) and "mock-cancel" in June to see if I can get a statement credit incentive to keep the card for another year. Plan B: Transfer the miles t...
by Ethelred
Fri Dec 08, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 29
Views: 2549

Re: Call the Top!

2665.19 (the current maximum)

Note: I don't actually believe that, but I think it's the most interesting answer.
by Ethelred
Wed Dec 06, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

It doesn't review as well as the Fujitsu, but part of that seems to be the quality of Epson's own OCR software. I think you'll be happy with the Epson -- their scanning software is very good, and to me more flexible than Canon's. (HP's we won't mention!) However, if you scan your paper documents to...
by Ethelred
Wed Dec 06, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

We looked at the ScanSnap and we decided to go with Doxie Q for the price. I've since used a ScanSnap at work and it's an impressive scanner but we don't scan THAT much now that the initial motherload is digitized. The Doxie does a good job and the bonus is it's portable since it is battery powered...
by Ethelred
Tue Dec 05, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Paying taxes with credit card?
Replies: 28
Views: 2630

Re: Paying taxes with credit card?

You probably have heard of this. 0. Use cashback credit card to buy tax software that gives a bonus on your refund. In past bonus has been 10%, but I see now 5%. 1. Run tax software to see your expected tax liability. 2. On last paycheck of year, make sure you exceed withholding for tax liability t...
by Ethelred
Tue Dec 05, 2017 6:54 pm
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 39
Views: 4969

Re: Chain of command

You are correct. Do they really think I won't find out? CFO has given himself plenty. I know those too. They happened before 2016 though, the new trustee only just join us mid 2017. Should I tell him? If I don't, then I would be found consenting in hiding it after the fact IF the new trustee ever f...
by Ethelred
Tue Dec 05, 2017 2:30 pm
Forum: Investing - Theory, News & General
Topic: Smooth Glide Paths with Logistic Functions
Replies: 5
Views: 347

Re: Smooth Glide Paths with Logistic Functions

I'm not sure why you are doing this. Your criteria appear to be: 1. Ease of rebalancing. It is no easier (and may arguably be harder) to rebalance to these lines, compared to a linear glidepath, or no glidepath at all. 2. Elegance. I don't see an obvious reason for elegance to be useful here. Simpli...
by Ethelred
Tue Dec 05, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

I regularly download important documents from institutions for which I've gone "paperless" (which is basically all that offer it). I store these documents in the same (digital) folder structure as my scans of paper documents. It's one giant digital filing cabinet. Agreed, that's my plan, too. But i...
by Ethelred
Tue Dec 05, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

I haven't bothered with preserving (digitally or otherwise) documents in nearly a decade. My wife many years ago pointed out that I wasted a lot of time filing everything, so I started shredding paper documents. Eventually I opted in to receiving electronic documents for everything and no longer re...
by Ethelred
Tue Dec 05, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Best solution for digitizing documents?
Replies: 43
Views: 3287

Re: Best solution for digitizing documents?

I've been looking into this recently, though have yet to spend the money and get started. Our filing cabinet is nearly full of old financial documents. The current plan is to download Duplicati as back-up software (free), and back-up firstly, to a local hard drive (that I already own) and secondly, ...
by Ethelred
Mon Dec 04, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 35
Views: 2846

Re: Investment Portfolio Tracking & Spreadsheets

I have a Google Sheets spreadsheet to track our asset allocation, updated manually once a month. I don't separately track expenses, though I do keep an eye on cashflow. This topic has come up a few times, so I figured I might go into some more detail. The spreadsheet has multiple tabs: Key - I have ...
by Ethelred
Wed Nov 29, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 39
Views: 4969

Re: Chain of command

So, the CFO has given fringe benefits to two members of staff, and in both cases, they've tried and failed to hide them from you. It seems very likely that the CFO has also given extra fringe benefits to himself, maybe an order of magnitude bigger in size, just you have yet to discover them. My gues...
by Ethelred
Wed Nov 29, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5468

Re: When to tell the SO about my financial situation?

Oh gosh no. I meant to go back and reword that. She has two jobs and works 7 days a week like i do, she paid every single dime of her credit card debt (wasn’t much at all) and saved for her EF herself and I don’t really buy her anything, I make sure she pays her half of rent and she pays for the lu...
by Ethelred
Wed Nov 29, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: When to tell the SO about my financial situation?
Replies: 109
Views: 5468

Re: When to tell the SO about my financial situation?

I don't honestly think that her glancing at your financial statements is a red flag. If I was in a serious relationship where I was completely open about my finances, I would expect my partner to be open too. She may even be having the opposite conversation with her friends - "This relationship is w...
by Ethelred
Wed Nov 29, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Global nomad advice/newbie alert
Replies: 19
Views: 1654

Re: Global nomad advice/newbie alert

I'm not going to offer too much info here, just to point out that the biggest financial issue here may be the fact that your wife is a US citizen. The US is the only country in the world to tax on the basis of citizenship - everywhere else only taxes on the basis of residency. This means your wife m...
by Ethelred
Wed Nov 29, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: How to minimize trade fees within individual 401k?
Replies: 5
Views: 314

Re: How to minimize trade fees within individual 401k?

I am about to open my first individual 401k and plan to use a 4 -5 index fund portfolio, ideally with vanguard ETFs. Option 1: Open account with E trade, buy vanguard ETFs each month. That would mean paying $7 per fund each month, $28/month or $336/year. Then there would be additional trading fees ...
by Ethelred
Tue Nov 28, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: Luggage Update for Travel
Replies: 73
Views: 3933

Re: Luggage Update for Travel

We have a variety of luggage - backpacks, cheap suitcases and duffels. Personally, though, I love Osprey products, including their wheeled luggage. We have a 32"/110L Osprey Shuttle (they don't make this particular size any more) and what I think is a Sojourn 28"/80L. These days, though they've beco...
by Ethelred
Tue Nov 28, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Help....
Replies: 3
Views: 370

Re: HSA Help....

It's not clear to me exactly what you're after here. Are you looking to set up a personal HSA for just you and your family's use, or an HSA plan, to be used by you and the other owners, or by you and all the employees? I don't know the answer to any of your questions, since I have an HSA through my ...
by Ethelred
Tue Nov 28, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Tax Software recommendations?
Replies: 15
Views: 995

Re: Tax Software recommendations?

For those who do your own taxes.... what software do you use/recommend? I've been using H&R Block to prepare my taxes (in the office & for more money than makes sense) but have decided to do my own starting with 2017. I thought it might make sense to use their software since I assumed/hoped my info...
by Ethelred
Sun Nov 26, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: How much to REALLY save for college (529s)
Replies: 13
Views: 906

Re: How much to REALLY save for college (529s)

We are still funding our kids' 529s, but to get an idea of cost, I looked at the good in-state colleges on this website. The expenses are shown under each college, under Money Matters -> Cost of attendance https://www.collegedata.com/cs/main/main_choose_tmpl.jhtml For the four I checked, annual cost...
by Ethelred
Thu Nov 23, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 52
Views: 3825

Re: TaxAct and alternatives

I just got an email from TaxAct. 30% off federal and nothing off state. Plus download still forty bucks, and it's possible we will need the more expensive Freelancer edition (is this new?)

Hmm.
by Ethelred
Wed Nov 22, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 52
Views: 3825

Re: TaxAct and alternatives

I, too, am exceedingly frustrated by the lack of transparency. But I also didn't like the backdoor Roth implementation of FreeTaxUSA -- I don't recall what the issue was, but while the tax was correct, I could never get the forms to look "just right", and ended up back at TA. We shall see going for...
by Ethelred
Tue Nov 21, 2017 9:11 am
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 6205

Re: Drive it till it dies. It died.

I think many posters in this thread have entirely unrealistic expectations. A car that has an expensive repair after 140,000 miles is not a lemon, even if you personally have owned a car that reached 200,000 or more without major work. 140,000 miles is still five times around the circumference of th...
by Ethelred
Tue Nov 21, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct and alternatives
Replies: 52
Views: 3825

Re: TaxAct and alternatives

I usually pre-buy but this year I never got an invite from taxact. Looked around a bit and taxact still seemed the cheapest for my not so complicated return. On 11/12 I logged into my account, grumbled a bit and started the pre-buy process at $62 (from $75) for the plus edition and one state. When ...
by Ethelred
Mon Nov 20, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Year end windfall and job loss
Replies: 16
Views: 2430

Re: Year end windfall and job loss

Can you more than support your normal expenses on just your income? Yes but no savings are possible Then pay off the loan. It seems obvious. If "no savings are possible" includes contributing your 401k or other tax-advantaged retirement accounts, draw down from taxable the amount required to keep f...
by Ethelred
Mon Nov 20, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?
Replies: 10
Views: 1978

Re: Just Moved $1.6MM from 401K to Vanguard IRAs - now what?

This is a good post, and it sounds like you have a good plan. The only thing I will say is that if you really want to simplify things for your heirs, you could consider some sort of balanced fund - Target retirement, Life Strategy, Wellington or Wellesley, and maybe keep just a domestic SCV fund for...
by Ethelred
Sun Nov 19, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Experience with 401K "Self Directed Brokerage Account"
Replies: 9
Views: 685

Re: Experience with 401K "Self Directed Brokerage Account"

Do you have access to Self Directed Brokerage Account? https://www.bogleheads.org/wiki/Self_directed_brokerage_account What is your experience?(Per google search 20 % of the 401 K plans offer this, however according to Aon Hewitt, 40% of companies currently offer a self-directed brokerage window, c...
by Ethelred
Fri Nov 17, 2017 7:59 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 50
Views: 4623

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

So, back to my question: Why wouldn't someone who has a few million to live off for the rest of their life have a 90/10, or even 100/0 allocation? Honestly, I agree with you, at least to some extent, and so do quite a few financial bloggers who've studied the forecasts. This is especially true in t...
by Ethelred
Thu Nov 16, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Managing 401k after Job Change
Replies: 16
Views: 1208

Re: Managing 401k after Job Change

It seems strange that there's no ex-U.S. total market fund in your old 401k, but you can get that from Brokeragelink if needed, or rollover into your new 401k and get it there. It is actually quite common to see an SP&P 500 fund and then an Extended Market fund which can be combined to mimic the to...
by Ethelred
Thu Nov 16, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Managing 401k after Job Change
Replies: 16
Views: 1208

Re: Managing 401k after Job Change

What "high-ER active funds for total international"???? In the current 401k there is a low expense ratio international index fund that is very suitable, which is Fidelity Global Ex-U.S. Index Fund Premium Class (FSGDX) ER 0.08%. They can get that without bothering with the BrokerageLink or ETFs. We...
by Ethelred
Thu Nov 16, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 50
Views: 4623

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

Finridge, In my studies of Millionaires (The Millionaires Next Door) on the net. (Warren Buffett, Ronald Read, Walgreens Millionaire + about 20 more). They all had some common traits: 1). Very frugal. 2). Very high stock allocation (90-100% stocks). 3). Mostly dividend paying stocks (they were not ...
by Ethelred
Thu Nov 16, 2017 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Managing 401k after Job Change
Replies: 16
Views: 1208

Re: Managing 401k after Job Change

Remember that rolling the old 401k over also gets you a more less expensive international stock funds in the current 401k. On the international stock index funds, it's 0.571% vs 0.08%, a difference of 0.491% in expense ratios, better in the current 401k. On the international value stock funds it's ...
by Ethelred
Wed Nov 15, 2017 3:52 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in a taxable account isn't so simple
Replies: 67
Views: 7890

Re: Rebalancing in a taxable account isn't so simple

I don't think it's that conflicting, especially among the BH population. The most likely situation is that you had a windfall added to taxable at some point, while maintaining a substantial but not earthshaking normal income. You might have sold your dental practice, or sandwich shop, but kept work...
by Ethelred
Wed Nov 15, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Managing 401k after Job Change
Replies: 16
Views: 1208

Re: Managing 401k after Job Change

True -- I've been turning the ratio down by directing new contributions to bonds for roughly the last year, because the market looks insane. But of course, we can see how that has turned out so far. You are on the Bogleheads forum. I think you've been here long enough to know that no-one is going t...
by Ethelred
Wed Nov 15, 2017 12:30 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing in a taxable account isn't so simple
Replies: 67
Views: 7890

Re: Rebalancing in a taxable account isn't so simple

Ha -- I didn't even think about AMT. Re. 1, absolutely -- but it doesn't take much price appreciation in the taxable account before the new money plus the dividends isn't enough to rebalance. Re. 2, that runs out quickly as well. I don't have the spreadsheet handy, but the last time I did a quick s...
by Ethelred
Wed Nov 15, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Managing 401k after Job Change
Replies: 16
Views: 1208

Re: Managing 401k after Job Change

Emergency funds: $12k in CDs and Savings Debt: Mortgage, 5/5 ARM (2/2/5), $417k @ 3.25% until March 2022 Tax Filing Status: Married Filing Jointly Tax Rate: 25% Federal, 0% State State of Residence: Washington Ages: 36 & 34 Desired Asset allocation: 50% stocks / 50% bonds Desired International allo...
by Ethelred
Wed Nov 15, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: Rebalancing in a taxable account isn't so simple
Replies: 67
Views: 7890

Re: Rebalancing in a taxable account isn't so simple

I agree. AMT can also ensure that capital gains are taxed at a rate that makes rebalancing in taxable a bad idea - our effective marginal federal capital gains rate for 2016 was 25.8%. Delaying payment of capital gains tax can therefore create a lot of value, and this means avoiding the need to reba...
by Ethelred
Tue Nov 14, 2017 9:00 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 73
Views: 7687

Re: GE and the myth of "safe blue-chip stocks"

Sometimes, a 'myth' has some truth to it. But your post just says that you hope that is true, without providing evidence. Do you have any comparable examples of blue-chip companies that did fully recover in the way you expect GE to? Others in the thread have already provided names for companies tha...
by Ethelred
Wed Nov 08, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Talk me out of a barbelling / Larry-type portfolio
Replies: 22
Views: 1334

Re: Talk me out of a barbelling / Larry-type portfolio

Looks OK to me, excepting the long-term bonds, in terms of principles. A relevant recent discussion from earlier this year would be this one, and Larry was still posting here at the time. https://www.bogleheads.org/forum/viewtopic.php?t=210208 Notice he specifically cautions against long-term bonds ...
by Ethelred
Tue Nov 07, 2017 7:33 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 8970

Re: "I took all my money out of the stock market and it feels amazing"

Ben Carlson has an interesting take on this today. Safety is good, but so is diversification.
http://awealthofcommonsense.com/2017/11 ... ck-market/
by Ethelred
Fri Nov 03, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: The Theory of Maybes (by Morgan Housel)
Replies: 4
Views: 801

Re: The Theory of Maybes (by Morgan Housel)

Another excellent write-up from one of my favorite financial bloggers. Always well-written, always thought-provoking AND always full of common sense. A cool analogy between investing and physics, and the conflict between Newtonian physics (very precise) and quantum physics (probabilistic). Includin...
by Ethelred
Thu Nov 02, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: Expanding on The Rewards Of Multiple Asset Class Investing
Replies: 39
Views: 2898

Re: Expanding on The Rewards Of Multiple Asset Class Investing

The 3 fund is a great portfolio, but the one question I have had is wouldn't it be better to substitute Total international for international small value? You get better currency diversification, lower correlations with US TSM, attempt to exploit some value and small premiums which have low correla...
by Ethelred
Thu Nov 02, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: Expanding on The Rewards Of Multiple Asset Class Investing
Replies: 39
Views: 2898

Re: Expanding on The Rewards Of Multiple Asset Class Investing

Dave: Sorry to say but Gibson's chart is very misleading as a guide for investors. Let me explain. The chart circles four top performing portfolios. The one thing these four portfolios have in common is their allocation to commodities which did very well during the 1972-2009 period. Unfortunately, ...
by Ethelred
Thu Nov 02, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Another my 401(k) options are bad, please help posts
Replies: 7
Views: 609

Re: Another my 401(k) options are bad, please help posts

That's not that bad a selection, other than the expense ratio for the international fund. I'm also surprised that only the short-term bonds are in your list. Is there not a total bond or intermediate bond fund available at reasonable expense ratio? What I will also say, is that 35% in bonds would us...
by Ethelred
Wed Nov 01, 2017 3:43 pm
Forum: Investing - Theory, News & General
Topic: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?
Replies: 177
Views: 36217

Re: www.portfoliocharts.com ... "The Coolest Portfolio Tool on the Web"?

Tyler, I've been back to portfoliocharts again today, and it's even better with the recent improvements. I do have some ideas, which I hope you'll consider. Can we see some extra figures for each portfolio on the benchmark page, to better compare the two? You probably have a better idea which number...