Search found 3139 matches

by aristotelian
Fri Dec 15, 2017 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 5612

Re: Reached 50X annual spending. Now what?

You've won the game. Statistically speaking there is no way you can go wrong as long as you maintain your spending. Your allocation is purely a judgment call at this point. I would be inclined to stick with whatever has worked for you in the past. Err on the aggressive side if you have grandkids or ...
by aristotelian
Thu Dec 14, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: I’ve made huge errors and hope it’s not too late
Replies: 33
Views: 3780

Re: I’ve made huge errors and hope it’s not too late

You have an income of $200K and 20+ years to invest. At age 38, most Americans barely have positive net worth. You will be fine. Is your house paid off? That is somewhat unorthodox but still a really good problem to have. If you are risk averse, I would suggest a conservative allocation such as 60/4...
by aristotelian
Thu Dec 14, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: what to do with residual $1.00 dividend in my rollover IRA after i transferred to 401k?
Replies: 6
Views: 375

Re: what to do with residual $1.00 dividend in my rollover IRA after i transferred to 401k?

Call your brokerage to confirm, but when I did this they would periodically "sweep" the old account to catch stray dividends. Eventually every last cent transferred over.
by aristotelian
Thu Dec 14, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 147
Views: 15950

Re: New HSA provider Lively offers investments for $30/yr fee

John Laurens wrote:
Thu Dec 14, 2017 2:39 pm
If you click “client services” , then “personal information” it will state “account name” and “account type”. It will state that it is an HSA

Regards,
John
Indeed, it does. Thank you!
by aristotelian
Thu Dec 14, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 147
Views: 15950

Re: New HSA provider Lively offers investments for $30/yr fee

I just completed the switch to Lively and executed my first trades today. The process was similar to jfhenton's description. -Sign up was quick and easy as described. I did get the request to upload my drivers license photo. -Service on Lively's end was excellent. The transfer papers were all done e...
by aristotelian
Thu Dec 14, 2017 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Safe Place for Cash? Portfolio Review
Replies: 9
Views: 547

Re: Safe Place for Cash? Portfolio Review

I would do regular savings account or add to your "house account" in VFSUX if you are able to take some risk. $120K for downpayment...how much house are you planning to buy? Will you still be able to afford to max your 401k/IRAs? Will you be in a HCOL area? Are you sure you don't want to rent for a ...
by aristotelian
Wed Dec 13, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: 3 accounts, 30 plus funds, 330,000 value, 2 advisers
Replies: 15
Views: 1294

Re: 3 accounts, 30 plus funds, 330,000 value, 2 advisers

Wells Fargo are criminals, and TIAA is not far behind (although my employer plan is with them, not by choice). Best thing to do is transfer everything to Vanguard, Schwab, or Fidelity and go from there. Anything in a Roth or Traditional IRA can be easily sold and reinvested with no tax consequences....
by aristotelian
Wed Dec 13, 2017 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Account for yearly vacations
Replies: 16
Views: 915

Re: Investment Account for yearly vacations

I've got one big portfolio. If we can afford a vacation, we take it and pay for it out of whatever makes the most sense.
by aristotelian
Wed Dec 13, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2836

Re: WHO IS RIGHT ME or SPOUSE

Neither? I think you can stop giving grandkids gifts any time after high school.

I would definitely not give the wife a separate gift.
by aristotelian
Wed Dec 13, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: ~100k sole proprietor income. Better to take business deductions or contribute more to solo 401k?
Replies: 18
Views: 1021

Re: ~100k sole proprietor income. Better to take business deductions or contribute more to solo 401k?

If you have business expenses, you have to deduct them before calculating your solo 401k limits. Okay, what if you kept poor track of some business expenses (which I have, e.g. miles) and/or don't have proper documentation for taking them. Do you lose out much if you contribute the money into a sol...
by aristotelian
Wed Dec 13, 2017 7:19 am
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 38
Views: 1997

Re: NYC restaurant suggestion

Wo Hop at 17 Mott Street is very good. +1 :sharebeer Wo Hop is great -- but just expect atmosphere near zero. Hop Kee on the corner next to Wo Hop is even better in my opinion if you want more authentic Chinese food. I’ll even tell you what to order: Cantonese crab, salt and pepper pork chops, soy ...
by aristotelian
Wed Dec 13, 2017 7:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 29
Views: 2720

Re: Vanguard will use blockchain to share index data

Does this mean Vanguard is going to invest in Bitcoin? :mrgreen: :greedy :shock:
by aristotelian
Tue Dec 12, 2017 11:35 pm
Forum: Investing - Theory, News & General
Topic: Automated Market Timing
Replies: 66
Views: 3268

Re: Automated Market Timing

In a way, it doesn't matter that much. I'm not as interested in which market timing tool is the most accurate. I'm interested in whether BH would ever consider automatically adjusting their AA. I think it could be justified on Boglehead principles provided that the strategy was written into your IP...
by aristotelian
Tue Dec 12, 2017 11:33 pm
Forum: Investing - Theory, News & General
Topic: Automated Market Timing
Replies: 66
Views: 3268

Re: Automated Market Timing

Bill Bernstein said on Meb Faber a couple months ago that even though he is against market timing, he will shift a few points when valuations seem high. Arguably that is a version of tactical allocation. A more extreme version would be to go 100% cash when indicators say the market is overvalued. Th...
by aristotelian
Tue Dec 12, 2017 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Vanguard through TIAA-CREF
Replies: 17
Views: 952

Re: Investing in Vanguard through TIAA-CREF

Vanguard 500 does not cover international but it is an excellent basis for a moderate to aggressive portfolio. If you want international, it would be better to hold it in your IRA rather than the fund that the TIAA guy recommended. There was a NYT article about their sales tactics that you might wan...
by aristotelian
Tue Dec 12, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: HDHP with HSA vs PPO breakeven point
Replies: 21
Views: 994

Re: HDHP with HSA vs PPO breakeven point

The Out of Pocket Max is $100 more for the HDHP. About how much is the added value in that the HSA can grow tax free? I would go with the HDHP. Lots of upside with the only downside being $100 at the most. Possible benefit of tax free growth depends on time in the market and what you invest in. Suf...
by aristotelian
Tue Dec 12, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: prudent buying a refurbished laptop?
Replies: 25
Views: 1615

Re: prudent buying a refurbished laptop?

The main drawback of buying refurbished electronics is that you probably won't get any warranty coverage. Look at the return policy. The whole point of the "refurbished" label is that it is used but comes with at least some warranty. You do want to check to see how it compares, but it should come w...
by aristotelian
Tue Dec 12, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: prudent buying a refurbished laptop?
Replies: 25
Views: 1615

Re: prudent buying a refurbished laptop?

I would not hesitate to go refurb as long it comes with a good warranty. However, there has got to be a way to do whatever you do with MS Money without having to get a dedicated computer for that purpose.
by aristotelian
Tue Dec 12, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: HDHP with HSA vs PPO breakeven point
Replies: 21
Views: 994

Re: HDHP with HSA vs PPO breakeven point

Assuming you are in the 25% tax bracket and you already max your 401k, the HSA tax break gives you an ~$900 including state taxes (if not in CA) and FICA.

The HDHP has a $2300 head start.

How do the Out of Pocket Max compare for the two plans?
by aristotelian
Mon Dec 11, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: High yield savings account
Replies: 13
Views: 1284

Re: High yield savings account

Treasury Direct Series I Bonds.
by aristotelian
Mon Dec 11, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Selling an active fund to go into index funds and the ACA
Replies: 2
Views: 309

Re: Selling an active fund to go into index funds and the ACA

I would keep the subsidy for this year, then reevaluate. It is possible ACA will be dead or significantly different a year from now. Unless the active fund is truly terrible, I would not jeopardize the subsidy.
by aristotelian
Mon Dec 11, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: How best to invest Inherited IRA with 5 year planned draw period?
Replies: 13
Views: 601

Re: How best to invest Inherited IRA with 5 year planned draw period?

It's really a mental thing for us, knowing the distributions are coming and that they make our new ratio just like our old ratio which was comfortable for 14 years, (we've only had this one house), makes the move feel less risky. Usually you don't want to make financial decisions based on "mental t...
by aristotelian
Mon Dec 11, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: How best to invest Inherited IRA with 5 year planned draw period?
Replies: 13
Views: 601

Re: How best to invest Inherited IRA with 5 year planned draw period?

The "safest bet" would probably be Fidelity's cash management account, which is FDIC insured up to $1.25M and earns a generous interest rate of 0.14% for balances above $100K. If you want to earn more return than that, you will need to take some risk.

Why did you do you 5 year withdrawal plan?
by aristotelian
Mon Dec 11, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Linux based laptop or just a Windows based laptop formatted?
Replies: 45
Views: 2522

Re: Linux based laptop or just a Windows based laptop formatted?

Honestly, for the basic applications you describe, Chromebook is the best bet. Cheap, secure, simple, and does everything on your list.
by aristotelian
Mon Dec 11, 2017 11:03 am
Forum: Investing - Help with Personal Investments
Topic: How to Achieve CAGR of 6% in non-taxable Acct?
Replies: 10
Views: 1003

Re: How to Achieve CAGR of 6% in non-taxable Acct?

So let me get back to my question (as IMO an annuity product seems better for the seller than the buyer) and knowing there's no guarantee for any returns the two investment options are: - simple index funds to a more diversified index allocation (i.e. Sheltered Sam) - Active managed Vanguard funds ...
by aristotelian
Sun Dec 10, 2017 10:49 pm
Forum: Investing - Theory, News & General
Topic: Prosper
Replies: 12
Views: 1687

Re: Prosper

No. S&P average total return is much better than anything you could get from P2P with the same level of risk. I will stay in stocks.
by aristotelian
Sun Dec 10, 2017 4:46 pm
Forum: Investing - Theory, News & General
Topic: likely date for a bitcoin crash: does this make sense to you?
Replies: 38
Views: 2425

Re: likely date for a bitcoin crash: does this make sense to you?

Seems just as reasonable as the speculation of Bitcoin going up.
by aristotelian
Sun Dec 10, 2017 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: DAF - when is it right to do?
Replies: 17
Views: 1293

Re: DAF - when is it right to do?

Any time you want to give to charity and you itemize your deductions and/or have long term appreciated shares. Keep in mind, if the tax plan we are not allowed to talk about passes, you will have to donate a lot more to get the charitable deduction next year. Might be a good idea to get as much in t...
by aristotelian
Sun Dec 10, 2017 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 36
Views: 2073

Re: If you use EE Bonds, what did drive your decision

letsgobobby wrote:
Sun Dec 10, 2017 10:07 am
I no longer buy I, since the real return net of taxes is likely to be negative.
I don't get this argument. Do you also not invest in savings accounts or CD's? What if it provides the highest real return relative to the risk?
by aristotelian
Sun Dec 10, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Would a Bitcoin Crash affect the general markets?
Replies: 25
Views: 1900

Re: Would a Bitcoin Crash affect the general markets?

Nothing. The total value of all bitcoin is a rounding error compared to the trillions in assets moving around the world daily. I heard on NPR that the market cap of Bitcoin is equivalent to a top 20 S&P500 company, so if it went to zero overnight I do think some people would feel pain, and not just...
by aristotelian
Sun Dec 10, 2017 1:19 am
Forum: Investing - Theory, News & General
Topic: Traditional vs Roth IRA at high tax brackets?
Replies: 6
Views: 735

Re: Traditional vs Roth IRA at high tax brackets?

PFInterest wrote:
Sat Dec 09, 2017 10:37 pm
do the t401k. you should also be doing 2 backdoor rIRAs.
+1. Also if you plan to retire early you will have more room in lower tax brackets than your accountant thinks. Stay with traditional. Do Roth on the IRA side.
by aristotelian
Sun Dec 10, 2017 1:15 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin IRA
Replies: 28
Views: 2455

Re: Bitcoin IRA

If you max your traditional IRA, you can't contribute to a separate Bitcoin IRA.
by aristotelian
Sat Dec 09, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Do indoor cats need flea/tick/heartworm prevention year round?
Replies: 15
Views: 1030

Re: Do indoor cats need flea/tick/heartworm prevention year round?

Fleas are a real pain to get rid of, and yes, we have gotten them on an indoor cat. Eggs can get tracked in from outside and it doesn't take much to create an infestation.
by aristotelian
Sat Dec 09, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Why am I still scared ? Is it actually normal ?
Replies: 73
Views: 11346

Re: Why am I still scared ? Is it actually normal ?

You have been through 2008 and 2000-1. You know what the market can do, but now you have more to lose. When the market goes up, most people get greedy for more gains. The rest of us worry about preserving what we have. There could be a major correction/crash in the near future. If you can't sleep wi...
by aristotelian
Sat Dec 09, 2017 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: If you use EE Bonds, what did drive your decision
Replies: 36
Views: 2073

Re: If you use EE Bonds, what did drive your decision

I am thinking about taking the plunge. Haven't done it yet, but I would like to have my retirement accounts closer to 100% stock and I already have I Bonds and as much muni bonds as I am willing to risk. I don't mind having a small amount of my bond portfolio untouchable for 20 years given the retur...
by aristotelian
Sat Dec 09, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 178
Views: 32680

Re: Best HSA (2017)

I have around $11,000 in VTSAX with Health Savings Administrators. They charge $45 annually plus 6.25bps quarterly. I am can no longer make additional contributions so I need to figure out if it would be better to move this elsewhere. Move it. Look at Saturna, Lively, Selectaccount and HSA Authorit...
by aristotelian
Sat Dec 09, 2017 1:18 pm
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3456

Re: Please suggest a dry hands product

One option is to use special gloves with your preferred cream at night to keep the lotion in place to work and keep it from getting on the linens and your hair. Or some have the lotion built in. https://health.howstuffworks.com/skin-care/moisturizing/products/moisturizing-gloves.htm If you want to ...
by aristotelian
Sat Dec 09, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5790

Re: Does this happen to you? Educating friends about personal finance

I try to say "This is what I do" or "This is what I would suggest in your situation," and explain the reasons why. I have no expectation that they will take the advice. I did get one of my coworkers (age 63, only assets are employer plan with $200k) to start a Roth IRA.
by aristotelian
Sat Dec 09, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Reasons why not to shorten target fund
Replies: 9
Views: 537

Re: Reasons why not to shorten target fund

Is this a market timing move or a long term asset allocation move? Will you be tempted to switch back if the market continues up? Honestly I doubt the move makes a difference to you one way or the other but if you are uncertain I like your current approach to split the difference between the two.
by aristotelian
Sat Dec 09, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 178
Views: 32680

Re: Best HSA (2017)

gatsu wrote:
Sat Dec 09, 2017 12:00 pm
Does any of them offer index target retirement funds?
HSA has Vanguard Lifestrategy funds for $36 annually. No experience with them, but good fund selection and price point.
by aristotelian
Sat Dec 09, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Loan
Replies: 6
Views: 364

Re: Consumer Loan

Take the loan. Put the money in 18 month CD. Pay off with the CD proceeds and pocket the interest. Up to you if it's worth the hassle for $200 or so. If you can make the loan payments with CC your return might be double that.
by aristotelian
Sat Dec 09, 2017 11:17 am
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1413

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

Some of it has to do with the tax plan that we are not allowed to discuss and rich people and institutions speculating that the tax advantages of munis are no longer worth the risk.
by aristotelian
Sat Dec 09, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Exchanging managed funds for Indexed funds
Replies: 10
Views: 549

Re: Exchanging managed funds for Indexed funds

Keep in mind you will have to pay tax on the gains one way or another. So close to retirement, though, I think I would wait until you don't have any other income, then realize those gains in a lower tax bracket. If you do any charitable giving, use those funds first and donate shares directly or thr...
by aristotelian
Sat Dec 09, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10629

Re: Save all this money, what do you splurge on?

Vacations. This year I spent 10 days in the Alsace region of France, took my mom on an Alaskan cruise, spent 10 days in the Umbria region of Italy, went to a resort in Jamaica for five days and will see family over Christmas for a week. I need more vacation days at work! +1, travel is our only majo...
by aristotelian
Sat Dec 09, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Investing [finding an efficient frontier]
Replies: 5
Views: 367

Re: Investing [finding an efficient frontier]

It seems to me you have it right. The question is whether you want the most returns for the least risk or the least risk with the most returns. Also, all the modeling I have done comes up with best results with LT treasuries as part of the mix because they are most non-correlated with stocks. But of...
by aristotelian
Fri Dec 08, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 71
Views: 8708

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

weltschmerz wrote:
Fri Dec 08, 2017 11:07 pm
Wow...only on Bogleheads do we get clowns with almost 3 million dollars asking if they can retire. The answer is 'yes', regardless of age. You are a clown....and I mean that in a good way! Congrats on your success so far.
And only on Bogleheads would 40% of the posters advise against it.
by aristotelian
Fri Dec 08, 2017 7:38 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1596

Re: Gift Giving Strategy for Married Couples

Mid 40s, I am the same way. I guess I am a jerk, but anything we need we already have, and anything unnecessary I just view as a waste. It took 12 years of marriage but my wife finally understands. She finally said she is giving in and just won't buy me anything this year. It gets better.
by aristotelian
Fri Dec 08, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion for solo 401k?
Replies: 6
Views: 321

Re: Roth conversion for solo 401k?

Those taxable assets are tied up in other investments that I am not willing or able to move. I am looking to convert the whole thing if I can. Self-directed Solo Roth 401k's allow you to purchase shares in LLC's so there's no reason/advantage to rolling to an IRA of any kind. I see. Well, it sounds...
by aristotelian
Fri Dec 08, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Bond allocation in my taxable account - Help me
Replies: 17
Views: 407

Re: Bond allocation in my taxable account - Help me

You could consider VWLUX if you are willing to take a little more risk. Keep in mind that "long term" muni funds do not have nearly the duration of long term Treasury funds.