Search found 3558 matches

by aristotelian
Thu Feb 22, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Can I combine a Traditional IRA, Rollover IRA and a SEP IRA?
Replies: 1
Views: 65

Re: Can I combine a Traditional IRA, Rollover IRA and a SEP IRA?

Technically, he would have to do it himself, unless you have agent authorization on his accounts. I believe he would need to roll the Traditional and SEP into the Rollover IRA to have them all combined into one account, but if he is still contributing to the SEP I would just wait until he fully reti...
by aristotelian
Thu Feb 22, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: 403B vs Taxable Brokerage Accr
Replies: 3
Views: 103

Re: 403B vs Taxable Brokerage Accr

12% tax bracket goes up to $38K. Anything over that I would put in the 403b before taxable. In your case that would be about $13K pretax in the 403b.

Pretax employer plan plus Roth IRA is a powerful combination.
by aristotelian
Thu Feb 22, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: 529 vs. custodial account for my kids
Replies: 10
Views: 310

Re: 529 vs. custodial account for my kids

I believe the 529 is a no-brainer, yes. No kiddie tax, money is still yours so you know it will be spent on education. Penalties aren't too severe if the child decides not to go to college.
by aristotelian
Thu Feb 22, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 56
Views: 1395

Re: Would you pay off this debt?

There's no way to accurately predict investment returns over any time horizon. We're all just projecting past performance into our predictions and the actual returns could be wildly different, we just plan assuming they won't be. Exactly. Based on past returns, I would assume a realistic risk of st...
by aristotelian
Thu Feb 22, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 56
Views: 1395

Re: Would you pay off this debt?

Do you expect your investments to return more than 1.75% over the next year? More than 4.125% over the next 5? If so, don't pay off. Providing job flexibility is a red herring. You can always pay the debts off in the future in your want to change. Your reasons for paying off debt are psychological,...
by aristotelian
Thu Feb 22, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: Will Emerging China Change Things for Domestic Investing?
Replies: 19
Views: 1046

Re: Will Emerging China Change Things for Domestic Investing?

Why would China's economic growth be bad for the US? US growth has been good for everyone else, generally speaking. Maybe we will start making cars and toys for the Chinese.
by aristotelian
Thu Feb 22, 2018 10:22 am
Forum: Investing - Theory, News & General
Topic: Rising Bond Yields
Replies: 5
Views: 545

Re: Rising Bond Yields

You could buy the iShares 7-10 Year Treasury ETF (IEF). Average duration is 7.44 years and yield is up to 2.66%, a little bit higher duration and yield than Vanguard Intermediate Treasury (VGIT)It's a much better deal now than it was a couple of months ago, but of course, there is risk that the pric...
by aristotelian
Wed Feb 21, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? ** How to deduct in 2018??
Replies: 81
Views: 3673

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

I agree, HSA and solo 401k for the photo income are the best bets. OP, can you clarify how much photo income we are talking about?
by aristotelian
Wed Feb 21, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: CPA recommends to NOT contribute to SEP IRA
Replies: 15
Views: 1815

Re: CPA recommends to NOT contribute to SEP IRA

Maybe she means that he should be contributing to a Solo 401k?
by aristotelian
Wed Feb 21, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Child's tax return question / parents form 8615
Replies: 17
Views: 466

Re: Child's tax return question / parents form 8615

MarkNYC wrote:
Wed Feb 21, 2018 12:17 pm
A parent cannot file Form 8814 to include the child's income on the parents' return if the child has sales proceeds on Form 1099B, which both children have in this case.
Ah, good to know!
by aristotelian
Wed Feb 21, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Child's tax return question / parents form 8615
Replies: 17
Views: 466

Re: Child's tax return question / parents form 8615

Why are you trying to file 8615 (separate returns) as opposed to 8814 (adding kids income to your return)? You could do 8814 without having to trick TaxAct into thinking that you are a child etc. Also keep in mind that filing separately with the 8615 also means the child will have to file separate s...
by aristotelian
Wed Feb 21, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Tiny Windfall But Big Help
Replies: 9
Views: 1014

Re: Tiny Windfall But Big Help

Use the windfall and $2K from the emergency fund to pay off the car and be done with it. Use cash flow to replenish the EF. Then increase your 401k contributions.
by aristotelian
Wed Feb 21, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about selling GE to invest in an index fund
Replies: 16
Views: 1726

Re: Thinking about selling GE to invest in an index fund

Consider it an expensive lesson that saves you from future speculative mistakes. I would guess 90% of folks on this board have had some similar experience.
by aristotelian
Wed Feb 21, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: New HSA and Impact on FSA Balance
Replies: 5
Views: 228

Re: New HSA and Impact on FSA Balance

It is possible that the $500 may have rolled into a Limited Purpose FSA, which you can use for dental and optical in combination with HSA. Or maybe your card just expired. Definitely talk to your FSA provider or employer.
by aristotelian
Tue Feb 20, 2018 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Penalty on Roth IRA
Replies: 19
Views: 1628

Re: Tax Penalty on Roth IRA

Oh yikes! I did not know that. So what does recharacterize and conversion entail? And so the next year if my income drops it'll stop getting charged that $330? Yes, if you would be eligible to contribute $5500 in 2018 and you contribute $0, the 6% charge would go away. You would in effect apply you...
by aristotelian
Tue Feb 20, 2018 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Safe to file taxes now?
Replies: 54
Views: 4088

Re: Safe to file taxes now?

I just got a 1099B today from Pershing LLC in a T Rowe Price envelope reporting a $9 capital gain. I had already received what I thought was a full set of forms from T Rowe Price. I was literally ready to file today but now I am thinking I should wait a week to see if anything else unexpected comes ...
by aristotelian
Tue Feb 20, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Penalty on Roth IRA
Replies: 19
Views: 1628

Re: Tax Penalty on Roth IRA

You know it's 6% per year, right? Recharacterize and do a conversion. My understanding is that if you would be Roth eligible in 2018, you could pay a one time 6% charge and in effect apply your 2017 contribution to your 2018 limit. You could then leave the contribution and earnings in the account w...
by aristotelian
Tue Feb 20, 2018 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: High ER funds with large cap gains - what to do ?
Replies: 10
Views: 820

Re: High ER funds with large cap gains - what to do ?

I am still in the midst of liquidating high expense funds I have had for 20 years. Got rid of the most egregious ones over the last two years. You are going to have to take a tax hit but in the long run it will be worth it. Only exception would be if you are near retirement with low anticipated taxa...
by aristotelian
Tue Feb 20, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Cut down on retirement savings to build emergency fund
Replies: 20
Views: 1143

Re: Cut down on retirement savings to build emergency fund

It appears you are stretching a bit to maintain your retirement savings. What is your age and tax bracket? That is exactly the way I feel... Both wife and I are mid 30s and we are in the 22% bracket. You are young, already at $500k, with a good savings rate. You are in good shape. I think I would c...
by aristotelian
Tue Feb 20, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: Mixing fuel octanes for cars
Replies: 57
Views: 3489

Re: Mixing fuel octanes for cars

stats99 wrote:
Sat Feb 17, 2018 1:10 pm
I fill up my tank at half empty. I alternate 93 octane with 87 octane at alternate fill ups for my 91 octane recommended engine.
Solves the double transaction problem, but then you have to make twice as many stops! This is truly maddening.
by aristotelian
Tue Feb 20, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Cut down on retirement savings to build emergency fund
Replies: 20
Views: 1143

Re: Cut down on retirement savings to build emergency fund

Do you have positive cash flow? As long as you are cash flow positive, I would try to rebuild the EF without slowing down on retirement accounts. You will never get those limited contributions back. Worst case scenario, you can draw previous Roth contributions in the event of another emergency. We ...
by aristotelian
Tue Feb 20, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Cut down on retirement savings to build emergency fund
Replies: 20
Views: 1143

Re: Cut down on retirement savings to build emergency fund

Do you have positive cash flow?

As long as you are cash flow positive, I would try to rebuild the EF without slowing down on retirement accounts. You will never get those limited contributions back. Worst case scenario, you can draw previous Roth contributions in the event of another emergency.
by aristotelian
Mon Feb 19, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Should I payoff my Mortgage?
Replies: 25
Views: 1478

Re: Should I payoff my Mortgage?

With 765K combined income, I would place a high premium on simplicity. Getting rid of mortgage would simplify my life. Will you be itemizing under the new tax plan?
by aristotelian
Mon Feb 19, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA vs. SIMPLE IRA vs. Individual 401K
Replies: 6
Views: 252

Re: SEP IRA vs. SIMPLE IRA vs. Individual 401K

I had a similar question last year. Assuming you are maxing your employer 401k and you have good fund options in your employer plan, there is very little difference between SEP and Solo 401k. Solo 401k would avoid having a Traditional IRA balance, which would be advantageous if there is any chance y...
by aristotelian
Mon Feb 19, 2018 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Married Filing Separately - Recharacterize Roth IRA to nondeductible Traditional and then convert to Roth?
Replies: 13
Views: 916

Re: Married Filing Separately - Recharacterize Roth IRA to nondeductible Traditional and then convert to Roth?

I am working on a similar issue now due to realized capital gains putting us over the Roth limit. Turbotax will take care of the forms for you right now. It appears it will take a couple days at VG to open a Traditional IRA and then recharacterize the excess Roth to Traditional. I am guessing end of...
by aristotelian
Mon Feb 19, 2018 11:02 am
Forum: Investing - Theory, News & General
Topic: "The Effects of Social Security Benefits and RMDs on Tax-Efficient Withdrawal Strategies"
Replies: 10
Views: 2010

Re: "The Effects of Social Security Benefits and RMDs on Tax-Efficient Withdrawal Strategies"

I think this is correct, with the addition of delaying SS until age 70 unless you are in poor health in order to increase the tax efficiency of Roth conversions and capital gain harvesting in the brokerage accounts.
by aristotelian
Mon Feb 19, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: Is it "cute" to invest in sector funds?
Replies: 23
Views: 1455

Re: Is it "cute" to invest in sector funds?

The main advantage I can think of would be more opportunities for tax loss harvesting, not necessarily for picking "hot" sectors. I would want to hold a diversified mix and add to each of them on a regular basis.
by aristotelian
Mon Feb 19, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Is it wise for us to make a one-time lump sum mortgage payment?
Replies: 23
Views: 1195

Re: Is it wise for us to make a one-time lump sum mortgage payment?

It's really a judgment call. Some people like to hold a mortgage as long as possible in order to leverage "good debt" to invest in the market. It would be very rare for stocks not to outperform a 4% mortgage rate over a 30 year period. It appears you are relatively young (no kids yet) so you probabl...
by aristotelian
Sun Feb 18, 2018 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 39
Views: 3891

Re: I reduced my exposure to US stocks before the correction.

You can try to time the market and tilt toward EM or whatever but you will probably be wrong as often as you are right. I would guess that your long term returns would be the same or better simply by having patience and staying in the market for the long haul. If the US market stays strong, you are ...
by aristotelian
Sun Feb 18, 2018 7:28 am
Forum: Investing - Help with Personal Investments
Topic: To buy or not to buy in Boston for Investment
Replies: 18
Views: 1516

Re: To buy or not to buy in Boston for Investment

If you have to ask, you probably don't know the area well enough to invest in a rental.
by aristotelian
Sat Feb 17, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Substantially Equal Periodic Payments (Funding Early Retirement)
Replies: 17
Views: 1377

Re: Substantially Equal Periodic Payments (Funding Early Retirement)

Have you looked into a Roth ladder? You can convert your 401k/Traditional IRA to Roth, the only catch is that you must wait 5 years to use the converted funds. If you can cover 5 years of expenses with previous Roth contributions and taxable funds, you can convert another year's expenses each year, ...
by aristotelian
Thu Feb 15, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 80
Views: 8959

Re: Can someone help me explain to my wife...?

dziuniek wrote:
Wed Feb 14, 2018 10:29 pm
Sell her half.

Keep your half.

Compare in 40 years.

Enjoy the 'I told you so' :)
+1. Her risk tolerance is valid. So is yours. Generally men explaining stuff to women doesn't end well.
by aristotelian
Wed Feb 14, 2018 7:05 am
Forum: Investing - Help with Personal Investments
Topic: Alternatives
Replies: 9
Views: 609

Re: Alternatives

They will only bolster your portfolio if they go up more than the total market. Whether it works is anyones guess. If you engage in speculative bets, make sure to keep it to a small portion of your portfolio to limit the damage.
by aristotelian
Tue Feb 13, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Deciding Between Treasuries and Munis in Taxable
Replies: 15
Views: 1187

Re: Deciding Between Treasuries and Munis in Taxable

I would do Treasuries in the tax deferred account instead of Intermediate Bond, with Muni in taxable. You would effectively replace the corporates and GNMA in the index fund with all intermediate Treasury. Lower expected return but better diversification hedge and more tax efficient.
by aristotelian
Tue Feb 13, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: HSA sucks: Help
Replies: 7
Views: 1108

Re: HSA sucks: Help

Best deal I have found is Lively. Same TD Ameritrade platform for about half the price of HSA Bank.

viewtopic.php?t=228522

You want your employer to make the contribution, that way you should avoid FICA tax.
by aristotelian
Tue Feb 13, 2018 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: I'm Lost Please Help Me :(
Replies: 20
Views: 2194

Re: I'm Lost Please Help Me :(

Save a bit more, then pay off the student loan.

Start a Roth IRA and make "backdoor" contributions.

Max your 401k.

With any additional cash flow, save in a brokerage account according to your allocation.

Do not buy a house until you are 100% ready.
by aristotelian
Mon Feb 12, 2018 11:37 pm
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1399

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

No, unless downsizing in retirement is explicitly part of your financial plan. "Could downsize" only increases your portfolio if you actually do it.
by aristotelian
Mon Feb 12, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: First timer with ETFs through HSA - not sure what to do
Replies: 11
Views: 594

Re: First timer with ETFs through HSA - not sure what to do

OP, in a non-taxable account, I would go with TD's free ETF's that correspond to the indexes you want to track. In this case, it would be SPTM (Total Stock Market) and SPAB (Aggregate Bond). These would be nearly identical in performance to Vanguard Total Stock Market and Vanguard Total Bond Market....
by aristotelian
Mon Feb 12, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Driving a rental car in Western Europe
Replies: 46
Views: 1550

Re: Driving a rental car in Western Europe

Your itinerary looks like it is covering a LOT of ground, more than I typically would do on a trip, though I seldom am away for more than two weeks or so. Hopefully 26 days will give us enough time. We will be on the go! :) I had the same reaction as frugalecon. You could do 26 days in Italy and fe...
by aristotelian
Mon Feb 12, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: moving my mother's "escape" fund to me
Replies: 28
Views: 3246

Re: moving my mother's "escape" fund to me

I'm sorry but what is being done by the OP is neither ethical nor legal. Assets acquired in the course of marriage, in almost every state, are jointly owned by the married couple. The same goes with debts and liabilities. Trying to hide a large sum of money in your child's or sisters name from your...
by aristotelian
Mon Feb 12, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do I pay my dentist bill with HSA card?
Replies: 13
Views: 1237

Re: Do I pay my dentist bill with HSA card?

I'm not sure why you need to use two cards? Just pay the entire thing on your own credit card. Then write yourself a check or make an ACH transfer from the HSA to reimburse yourself the difference between what insurance pays and what you owe. I am hoping to eliminate the step of reimbursing myself ...
by aristotelian
Mon Feb 12, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Network for Good
Replies: 6
Views: 567

Re: Network for Good

I agree with you. Unfortunately, this is a small charity that doesn't have the staff to handle direct donations. As far as I can tell, they charge a flat 3% transaction fee . However, I can pay by credit card so I can at least increase my donation by the amount of cash back bonus, effectively reduc...
by aristotelian
Mon Feb 12, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: proper # of holdings in an income portfolio
Replies: 10
Views: 858

Re: proper # of holdings in an income portfolio

For an income portfolio, you would typically want to have a large allocation in bond funds. 6.5% is terribly unrealistic for any portfolio, even a growth portfolio. Most experts regard 4% as the maximum safe withdrawal rate.
by aristotelian
Mon Feb 12, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Suggest a Financial Aggregator Site
Replies: 8
Views: 671

Re: Suggest a Financial Aggregator Site

I use Personal Capital. For accounts that don't link correctly, I just add as "Manual Bank". CD's and such hardly change at all so you just add once, update occasionally, and you're done.

You can also add manual brokerage accounts and enter shares that will update automatically.
by aristotelian
Mon Feb 12, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: moving my mother's "escape" fund to me
Replies: 28
Views: 3246

Re: moving my mother's "escape" fund to me

Could mom and aunt relinquish ownership of the account and put your name on it? They might need to file a gift tax return, but otherwise I believe all it would take is signing a form from the custodian brokerage. Alternatively, could mom find something else to spend the money on, or just save it? In...
by aristotelian
Sun Feb 11, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Arguments against rising equity glide path?
Replies: 40
Views: 2424

Re: Arguments against rising equity glide path?

I am also interested in ER and more or less convinced that they way to go is a lower WR (3.25 to 3.5%) combined with relatively conservative allocation.That is really the most sure way you have to guard against negative sequence of returns. If you start with 30X expenses, a 60/40 portfolio would giv...
by aristotelian
Sun Feb 11, 2018 12:02 am
Forum: Investing - Theory, News & General
Topic: TIAA's Perspective on the Markets
Replies: 4
Views: 521

Re: TIAA's Perspective on the Markets

My interpretation is fears of the impact of interest rates normalizing caused the initial drop, followed by robo traders programmed to sell on a volatility spike. For sure, the stock market has been propped up by low interest rates and that is starting to change. In the absence of other news, it see...
by aristotelian
Sat Feb 10, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: Funds without dividends
Replies: 17
Views: 1285

Re: Funds without dividends

I searched for one and couldn't find one. Seems like an obvious idea for a niche ETF. I think you would have to go DIY. You could put together something pretty decent from this list... http://www.dividend.com/investor-resour ... dividends/
by aristotelian
Sat Feb 10, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Can’t decide if we’re getting close to FIRE without knowing health care costs
Replies: 30
Views: 2266

Re: Can’t decide if we’re getting close to FIRE without knowing health care costs

If you are borderline I would wait. The impact of killing the mandate won't be known for a few years. ACA in it's current form is far from guaranteed. With valuations still high it is also a risky time to declare FIRE. If you are truly committed to FIRE, look into medical tourism as a backup plan an...
by aristotelian
Sat Feb 10, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6626

Re: Day trading for a living/career?

It's called investment banking. Then you get to do it with other people's money.