Search found 4339 matches

by aristotelian
Fri Aug 17, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Sell taxable to contribute to solo 401k nrats
Replies: 4
Views: 300

Re: Sell taxable to contribute to solo 401k nrats

Sounds like you are in a high tax bracket. I would go for it. Sell recent shares to minimize gains, maybe even harvest some losses.
by aristotelian
Thu Aug 16, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance question - beneficiary is a spend thrift
Replies: 13
Views: 1527

Re: Inheritance question - beneficiary is a spend thrift

Yes, if accounts are TOD, the son would have lump sum option. Of course, he could take RMD option and still cash it out at any time.
by aristotelian
Thu Aug 16, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 19
Views: 2048

Re: Advantages of I-Bonds vs CD ?

They are not liquid for the first year, so I compare them to 1 year CDs. Usually I Bonds come out ahead. You will lose 3 months interest if you cash out within 3 years. Otherwise the interest rate and tax advantage beats 1 year CD. Correction: you lose three months of interest if redeemed within fi...
by aristotelian
Thu Aug 16, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: High tax bracket - Go 100% Roth in tax advantaged?
Replies: 35
Views: 2698

Re: High tax bracket - Go 100% Roth in tax advantaged?

Retire early. That's not for everyone. Warren Buffett didn't. Marc Cuban didn't. Grant Cardone didn't. Ben Franklin didn't. Richard Feynman didn't. The list goes on. Actually, anyone I admire or respect across the board - did not retire early. Early retirement forums are filled with doom and gloom ...
by aristotelian
Thu Aug 16, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 19
Views: 2048

Re: Advantages of I-Bonds vs CD ?

They are not liquid for the first year, so I compare them to 1 year CDs. Usually I Bonds come out ahead. You will lose 3 months interest if you cash out within 3 years. Otherwise the interest rate and tax advantage beats 1 year CD.
by aristotelian
Thu Aug 16, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Time for new phone, Buy or Lease?
Replies: 29
Views: 1658

Re: Time for new phone, Buy or Lease?

:) My approach is to buy an unlocked phone and use a discount provider (Cricket, $35/month). Clark Howard has been recommending the Moto G5+ ($219 from Amazon) . I have a Blu phone that I got for under $100. Do you need your phone to do anything advanced? I do the same thing. Don't buy BLU phones, t...
by aristotelian
Thu Aug 16, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate?
Replies: 62
Views: 4483

Re: Why the Yale Endowment Hate?

1. There is nothing wrong with your allocation. 2. Your allocation is not really what Yale owns. 3. I graduated from Harvard, so I am required to hate Yale. (But I have no dislike for their highly-successful endowment investment strategy.) You can hate Yale, but I would not follow your alma mater's...
by aristotelian
Thu Aug 16, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Anyone try to tax loss harvest and fail?
Replies: 12
Views: 943

Re: Anyone try to tax loss harvest and fail?

You can always check the market near closing time and then place or cancel your order.
by aristotelian
Thu Aug 16, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Time for new phone, Buy or Lease?
Replies: 29
Views: 1658

Re: Time for new phone, Buy or Lease?

My approach is to buy an unlocked phone and use a discount provider (Cricket, $35/month). Clark Howard has been recommending the Moto G5+ ($219 from Amazon) . I have a Blu phone that I got for under $100. Do you need your phone to do anything advanced?
by aristotelian
Thu Aug 16, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Discarding dead cell phone without purging my data
Replies: 32
Views: 2302

Re: Discarding dead cell phone without purging my data

Don't forget to remove the old SD card if you had one. Put it in your new phone and keep the data. If you are really concerned about your data on the old phone, open it up and locate anything on the motherboard that looks like it could be a memory chip. Rip out and either destroy or keep in a safe l...
by aristotelian
Thu Aug 16, 2018 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts
Replies: 7
Views: 841

Re: Overwhelmed! Inherited Tax-Exempt Bonds/MM/Cash in Taxable Accounts

Good problem to have! No need to do anything rash, take your time and come up with a plan. The biggest question is how the windfall changes your risk tolerance. (Personally, I would see less need to take risk with a windfall of that size, but others see the windfall as an opportunity to take greater...
by aristotelian
Thu Aug 16, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Laddering I bonds as emergency fund
Replies: 8
Views: 936

Re: Laddering I bonds as emergency fund

If you switch out the newer ones, you will be losing out at most maybe $50-$60 in exchange for the better long term rate. If you plan to buy and hold, probably worth it. Either way, you aren't talking about a major difference in the grand scheme of things.
by aristotelian
Thu Aug 16, 2018 5:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond vs Schwab Aggregate Bond: Moving in opposition
Replies: 6
Views: 851

Re: Vanguard Total Bond vs Schwab Aggregate Bond: Moving in opposition

If you have been checking during the day, you are looking at yesterday's price for the mutual fund and today's price for the ETF. The market has been up and down lately
by aristotelian
Wed Aug 15, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Help with inheritance choice
Replies: 37
Views: 2889

Re: Help with inheritance choice

What happens to the other $1M?
by aristotelian
Wed Aug 15, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: My Own LLC
Replies: 5
Views: 745

Re: My Own LLC

Yes, Solo 401k would most likely be the best choice.
by aristotelian
Wed Aug 15, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Max Out Tax-Deferred Accounts?
Replies: 28
Views: 2130

Re: Should I Max Out Tax-Deferred Accounts?

if you retire early and need to use money from IRA's, you can set up 72t plans to avoid the 10% early withdraw penalty prior to age 59.5 Yes, there are more than one ways to skin a cat. (you just have to catch it first) :annoyed Also take a look at Roth Conversion Ladder. Yes, you should max your p...
by aristotelian
Wed Aug 15, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: FIRE within 5 years with high income?
Replies: 9
Views: 1887

Re: FIRE within 5 years with high income?

I think VBINX is a solid choice but that would represent quite a change in your bond allocation. Perhaps consider 10-20% in the Russell 3000 index.

You mention "many side hustles". Consider opening a Solo 401k to make additional "employer" contributions up to 20% of net business income.
by aristotelian
Wed Aug 15, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 204
Views: 18645

Re: Vanguard to offer non-Vanguard ETFs commission-free

Anyone hearing any news on this? I am in need of a commission free EM ETF to harvest some of today's big drop.
by aristotelian
Wed Aug 15, 2018 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Wife got a new job! Please evaluate my portfolio...
Replies: 24
Views: 1864

Re: Wife got a new job! Please evaluate my portfolio...

Adding REIT would be concentrating, not diversifying. It might be noncorrelated concentration but it is concentration, just like Energy or Tech. I think your portfolio is fine as is. Elegant and tax efficient.
by aristotelian
Wed Aug 15, 2018 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Choosing a retirement plan
Replies: 8
Views: 603

Re: Choosing a retirement plan

If 10 year vesting means she would lose the money if she quits in 9 years, that would be a deal breaker. Any chance she might move or become a stay at home parent? 10 years is a long time.
by aristotelian
Tue Aug 14, 2018 10:09 pm
Forum: Investing - Theory, News & General
Topic: Should I contribute to 401k this year if retirement income will be higher?
Replies: 4
Views: 587

Re: Should I contribute to 401k this year if retirement income will be higher?

$250-$300K spending does not necessarily translate into $250K taxable income . Many rich people pay zero tax. Do you have a Roth 401k option? That might be ideal. Definitely do backdoor Roth for your IRA, and look into muni bonds in your brokerage account. Honestly, it probably doesn't matter what y...
by aristotelian
Tue Aug 14, 2018 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to lose $200 in taxable income?
Replies: 96
Views: 6818

Re: Best way to lose $200 in taxable income?

One more thought. Could one intentionally overbid on a lot of stocks by $200, then immediately sell it for a loss?
by aristotelian
Tue Aug 14, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Mutual funds / market correction
Replies: 13
Views: 1046

Re: Mutual funds / market correction

It's too bad you couldn't have bought at the market in 2008-9. At this time, the market is aware of the risk of correction and has priced the market at its current level. Based on all known information, you will be paying a fair price to invest in the market if you put the whole lump sum in today. I...
by aristotelian
Tue Aug 14, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 73
Views: 6612

Re: Housing affordability - what is your take?

Whatever the rent is for the cheapest place that meets your needs. Be careful about using guidelines for the average person.
by aristotelian
Tue Aug 14, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance investment
Replies: 8
Views: 964

Re: Inheritance investment

Did you speak to an attorney about titling assets to sidestep Medicaid? Are you sure that keeping it in her name only will prevent that? +1, I had the same question. What if she is the one who needs LTC? The invest piece is much simpler but certainly less important than the Medicaid protection piece.
by aristotelian
Tue Aug 14, 2018 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4709

Re: Why bonds when they return nothing over inflation?

Regardless of long term return, bonds are non-correlated to stock. Therefore, a combination of stocks and bonds can significantly reduce volatility while reducing returns incrementally. For many of us, that is a good tradeoff. If you are investing purely for return with a long horizon and high risk ...
by aristotelian
Mon Aug 13, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help explain TIAA Traditional to me
Replies: 20
Views: 1399

Re: Help explain TIAA Traditional to me

I have the 1% guaranteed (4.25% total) version with no other options. I did elect to make it 50% of my bond allocation. I have considered their bond fund but the expense ratio is awfully high in my plan. Hopefully I am not making a mistake but so far it has paid off. At least in a Japan scenario, 1%...
by aristotelian
Sun Aug 12, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: How can I use the Rising Equity Glide Path?
Replies: 61
Views: 3585

Re: How can I use the Rising Equity Glide Path?

A simple approach would be to use years expenses instead of % stocks/bonds. Instead of "60/40", start your retirement with 15 years stocks/10 years bonds. If the market goes up, keep 10 years expenses in bonds but keep adding any surplus to stock. As long as you have 10 years expenses in bonds, you ...
by aristotelian
Sun Aug 12, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review, Age 31, $1.5 million net worth
Replies: 27
Views: 5679

Re: Portfolio Review, Age 31, $1.5 million net worth

You still need an executor to be able to do stuff like get a death certificate, dispose of the body, etc. The "appointment" of an executor is a judicial act. If a Will is not presented and accepted for probate, there is no executor appointed. This does not mean that someone (personal representative...
by aristotelian
Sat Aug 11, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2600

Re: 32yo lost and needing guidance

Thank you so much for your reply! I thought about selling gradually as another poster mentioned above maybe with LTCG first. But each time I trade there is $7 commissions! I didn't care about it in the past but now I'm thinking about how that can have quite a bit of impact if I try to sell small am...
by aristotelian
Sat Aug 11, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2600

Re: 32yo lost and needing guidance

You seem very stressed relative to your numbers. You just graduated, you have plenty of time. You should not be thinking about a side job when you are making $320K and you have a two year old. The only question in my opinion is how soon do you want to retire? I would think that you are completely on...
by aristotelian
Sat Aug 11, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Income vs Bond Fund
Replies: 8
Views: 968

Re: Stable Income vs Bond Fund

I would not recommend trying to replicate an asset allocation in multiple accounts. It's complexity for no value. I don't mind complexity if I get something out it. Use the best accounts to implement the overall strategy. A 2% stable-value fund isn't great, but not terrible. Megacorp's is paying ab...
by aristotelian
Sat Aug 11, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1511

Re: Poor HSA Investment Options

Lively lets you invest through TD Ameritrade's brokerage platform, including their whole list of commission free ETF's. I have my HSA in SLYV (Small Cap Value) and ITE (Intermediate Treasury). SPTM is their Total Stock Market fund. This will not be the solution for you if you strongly prefer mutual...
by aristotelian
Sat Aug 11, 2018 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Mid 30s Crisis: Personal budget, savings and goals
Replies: 36
Views: 6968

Re: Mid 30s Crisis: Personal budget, savings and goals

You have $1.5M and a nearly paid off house at age 35. What ever your problem is, it is not financial. I would do backdoor Roth as the contributions are still liquid and can be taken out any time. I would also pay off the mortgage and the car. There is no point in holding $400K cash earning less than...
by aristotelian
Sat Aug 11, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1511

Re: Poor HSA Investment Options

Thanks for opening this thread, I did see many folks use lively for HSA. What are the funds/ETFs used in your HSA portfolio? Is it single ETF/FUND or multiple with AA? Thanks for sharing. Lively lets you invest through TD Ameritrade's brokerage platform, including their whole list of commission fre...
by aristotelian
Fri Aug 10, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale
Replies: 13
Views: 582

Re: Tax-Exempt Bond Fund, Reinvested Dividends, Wash Sale

I would either go with selling all shares, or switch to SpecID and make sure you sell the last dividend along with whatever shares are showing losses. Either way, turn off dividend reinvestment and then buy another fund with similar risk exposure, perhaps short term tax exempt. You can then sell aga...
by aristotelian
Fri Aug 10, 2018 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 55
Views: 7084

Re: Moving from Vanguard to Fidelity

Not sure about Fidelity, but I did a transfer to Schwab last year. As long as I do not buy, I am able to sell old mutual funds at no charge. If Fidelity will do the same, it is not necessary to convert to ETF.
by aristotelian
Fri Aug 10, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth or Taxable Accounts
Replies: 24
Views: 1463

Re: Backdoor Roth or Taxable Accounts

At your income you should easily be able to do both. If forced to choose, Roth is better, tax free gains with no downside.
by aristotelian
Fri Aug 10, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 4538

Re: Should I pay 6000.00 to repair wife's car....

I am not familiar with door check but since it is not a mechanical issue I would try to keep the car. Have you tried to get a second opinion from a body shop? They must be able to jerry-rig something.
by aristotelian
Fri Aug 10, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 96
Views: 9748

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Why is such a small country/market having such a disproportionate effect on the US stock market today? I’m not doing anything with my investments but it baffles me why events like this are so (temporarily) toxic at home. US stocks are barely down at all. Seems about right when a whole country's eco...
by aristotelian
Fri Aug 10, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Crossroad of what to do next?
Replies: 37
Views: 2599

Re: Crossroad of what to do next?

If one of your 403B plans will accept rollovers, you can roll your pretax IRA into your employer plan and then open up Backdoor Roth. Otherwise, my approach was to split between paying down debt and investing in brokerage account. Rationally, it would make sense to prioritize the mortgage, but I wou...
by aristotelian
Fri Aug 10, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: HSAs - Rollovers
Replies: 7
Views: 428

Re: HSAs - Rollovers

To be honest, I feel like the rollover provision is designed for people who have a medical emergency and need the withdraw IRA money without getting destroyed by taxes. Generally, I don't think HSA rollovers are a great strategy if you are in the "I've maxed all my other options and I want to hide ...
by aristotelian
Thu Aug 09, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Need some advice - self employed
Replies: 13
Views: 1033

Re: Need some advice - self employed

Are you actually self employed? I am not a real estate investor but my impression is that the IRS considers real estate to be passive income, in which case you could not do Solo 401k or Roth.
by aristotelian
Thu Aug 09, 2018 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 13
Views: 1888

Re: Buying Individuals Stocks In A Roth IRA?

Yes you can. My Roth is $50k less than my wife's due to some poor picks before I discovered index funds. I prefer to keep my play money in a brokerage account now so I can at least harvest the losses and I don't do anything stupid with my precious Roth space.
by aristotelian
Thu Aug 09, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Have you rebalanced to bonds this year?
Replies: 25
Views: 2160

Re: Have you rebalanced to bonds this year?

Just did some yesterday and new money will go to bonds as well.
by aristotelian
Thu Aug 09, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Payflex HSA - avoid account closure fee?
Replies: 12
Views: 798

Re: Leaving Payflex HSA - avoid account closure fee?

without getting penalized? I'm still with current employers, don't plan on leaving in the foreseeable future. Wondering if it's worth the hassle doing the transfer on a regular basis going forward since we contribute to our HSA from our bi monthly paychecks. Yes, I believe it is 60 days. Whether it...
by aristotelian
Thu Aug 09, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: TIAA-CREF 401k, recently changed jobs
Replies: 10
Views: 718

Re: TIAA-CREF 401k, recently changed jobs

TIAA-CREF R2 is ok but there are better alternatives. However, I do like TIAA Traditional. Before you transfer out, please take a look at it and see whether it will fit your investment objective. +1 for this approach. I would much rather get the 4% yield of Traditional rather than the bond index yi...
by aristotelian
Thu Aug 09, 2018 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Leaving Payflex HSA - avoid account closure fee?
Replies: 12
Views: 798

Re: Leaving Payflex HSA - avoid account closure fee?

The529guy, Were you successful in transferring out your HSA money or did you spend it down and leaving one cent in the account? Spouse and I have a HSA with Payflex and another HSA with HSA Bank through our current employers. We're wondering which account to invest in and if they will give us troub...
by aristotelian
Thu Aug 09, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: CD Index?
Replies: 3
Views: 367

CD Index?

The other day I was looking at Treasury rates vs Treasury funds, and also happened to notice that across the yield curve, brokered CD's seem to have higher yield than Treasuries. I had never really considered CD's before but I know they are popular with some Bogleheads. I had always figured that CD ...