Search found 2969 matches

by aristotelian
Fri Nov 17, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at FRA of 66, or delay for one year?
Replies: 10
Views: 750

Re: Retire at FRA of 66, or delay for one year?

I don't know what your goals or expenses are like, but if you (and more importantly, your wife) can get by pulling about $50K annually from your portfolio, you should be just fine. Personally, I would have retired several years ago.
by aristotelian
Thu Nov 16, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone safe
Replies: 25
Views: 1668

Re: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone

Have you upgraded the OS? Android phone manufacturers periodically send out wireless software updates to upgrade your phone from Android 4 to 5 and so on. I am seeing that Android 6 is available for your phone. To see if an update is available, go to Settings-->About Phone. There should be an optio...
by aristotelian
Thu Nov 16, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone safe
Replies: 25
Views: 1668

Re: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone

Have you upgraded the OS? Android phone manufacturers periodically send out wireless software updates to upgrade your phone from Android 4 to 5 and so on. I am seeing that Android 6 is available for your phone. To see if an update is available, go to Settings-->About Phone. There should be an option...
by aristotelian
Wed Nov 15, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Too much risk for early retirement?
Replies: 21
Views: 3041

Re: Too much risk for early retirement?

If you can live on $100K expenses you will be fine. That is only a 3.1% withdrawal rate from the portfolio and that does not even include social security. That would be regarded as very safe. If you are ready to retire, should get out yesterday.
by aristotelian
Wed Nov 15, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Re: Children's investment
Replies: 3
Views: 327

Re: Children's investment

I think the 18 year old can open their own account. The others you would have to do a UTMA or 529.

Do you have checks written out to the kids?
by aristotelian
Wed Nov 15, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone safe
Replies: 25
Views: 1668

Re: I have a cell phone that has some malware from the cell phone maker. Malwarebytes can't not remove it. Is the phone

What is the phone and malware? You can try and do a factory reset. Of course you will lose all your data that isn't in the cloud.
by aristotelian
Wed Nov 15, 2017 9:07 pm
Forum: Investing - Theory, News & General
Topic: Saturna=the only no-fee HSA investing option
Replies: 4
Views: 529

Re: Saturna=the only no-fee HSA investing option

This is good information. I naturally assumed there would be no good options on their selected list, but it is better than most. However, Saturna's no fee option comes out ahead only up to about $15k. Above that, Lively for $30 is the better deal. I would rather just go with Lively and not have to s...
by aristotelian
Wed Nov 15, 2017 12:54 pm
Forum: Investing - Theory, News & General
Topic: Do you subscribe to taking risk only on the equity side
Replies: 40
Views: 2162

Re: Do you subscribe to taking risk only on the equity side

Long term bonds are interesting to me because they are most non-correlated to stocks. However, I do not have the stomach to own them as part of my bond allocation, which indeed I see as narrowing the volatility of my portfolio and providing a baseline of fixed income. One possibility would be to con...
by aristotelian
Wed Nov 15, 2017 9:43 am
Forum: Investing - Theory, News & General
Topic: Shiller's Concern on Passive Investing
Replies: 10
Views: 1348

Re: Shiller's Concern on Passive Investing

If indexing is for people with low intellectual capacities, why does it outperform active investing by the world's top managers? I would rather use a system that works than one that makes me smart. Maybe he is just saying in a condescending way that indexing is easy. As Bill Bernstein has said, a fi...
by aristotelian
Tue Nov 14, 2017 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Help
Replies: 7
Views: 636

Re: HSA Help

Do you plan to invest the HSA or use it to pay your out of pocket?

Do you currently max your 401k and IRA?
by aristotelian
Tue Nov 14, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Is it worth starting investing if 7-8 years from retirement?
Replies: 22
Views: 2348

Re: Is it worth starting investing if 7-8 years from retirement?

Ok thanks. I'll talk to them again and looking at the solo 401k Vanguard page it looks like the only administrative cost is $20 a year per fund. How long does it usually take to set something like this up? +1, Solo 401k would be ideal. If they delay their annuity and SS, they could withdraw from th...
by aristotelian
Mon Nov 13, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion of Total Stock Market Index
Replies: 21
Views: 2236

Re: Opinion of Total Stock Market Index

It is a much beloved fund discussed in numerous threads. It is a key component of the three fund portfolio, complemented by Total International Stock Market Index and Total Bond Market Index, depending on your tolerance for risk.

https://www.bogleheads.org/wiki/Three-fund_portfolio
by aristotelian
Mon Nov 13, 2017 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Separate Unlinked Vanguard Account
Replies: 7
Views: 507

Re: Separate Unlinked Vanguard Account

Any chance you have a spouse? I wanted to do that for some cash to park for my nieces. My solution was to have one joint account with our money and a separate individual account for other stuff.
by aristotelian
Mon Nov 13, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: What do I need to know about my mom's finances?
Replies: 17
Views: 1255

Re: What do I need to know about my mom's finances?

When you say she has asked you to log onto several accounts, are those accounts that are in her name? You should not be logging in using another person's credentials. If she wants you to be involved in her finances and prepared to help her out should she need it, you should go through the proper cha...
by aristotelian
Mon Nov 13, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: Regret of selling winning stocks early
Replies: 64
Views: 8486

Re: Regret of selling winning stocks early

So, back before I was a boglehead and did all kinds of stupid things with my money, I bought about 5k in Tesla stock when it was trading at $180/share. A few weeks went by and it went up to like 200/share and I thought wow this is great! Then it dropped again a few weeks later to 188, so I spooked ...
by aristotelian
Mon Nov 13, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking I-bonds vs Tax Advantaged TIPS fund
Replies: 5
Views: 623

Re: Rethinking I-bonds vs Tax Advantaged TIPS fund

I am not following. First of all, why is the premise important? In other words, why is it necessary that I Bonds match inflation after tax? Either way, they are giving you a variable rate that adjusts with inflation. Regarding the math, I believe your fallacy is that you could put anything in your 4...
by aristotelian
Mon Nov 13, 2017 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking I-bonds vs Tax Advantaged TIPS fund
Replies: 5
Views: 623

Re: Rethinking I-bonds vs Tax Advantaged TIPS fund

What if you cash in the I Bonds with a 0% effective rate? There have been threads here of people paying 0% effective tax with 100k of expenses in retirement.

I also don't see how TIPS in the 401k solves the problem since the gains will be taxed.
by aristotelian
Mon Nov 13, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for 5% return
Replies: 59
Views: 3919

Re: Asset allocation for 5% return

It's threads like these that make you wonder if the bubble is about to pop.
by aristotelian
Mon Nov 13, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Actually might have "enough", thinking of suspending retirement savings in favor of saving for down payment
Replies: 36
Views: 3046

Re: Actually might have "enough", thinking of suspending retirement savings in favor of saving for down payment

When would you like to move? If you are making the move in retirement, the optimal strategy would be to save for the down payment in your 401k and/or IRA.
by aristotelian
Mon Nov 13, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 62
Views: 3355

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Back on topic, with a truly indefinite timeframe, I would just invest according to your normal allocation. Don't invest in a "separate account" that could limit your return for years to come. When you get close to the point of being ready to buy, then consider either savings, CD, or short term bond ...
by aristotelian
Mon Nov 13, 2017 7:09 am
Forum: Personal Consumer Issues
Topic: Chromebook/Similar for Elderly Dad
Replies: 30
Views: 1652

Re: Chromebook/Similar for Elderly Dad

I think Chromebook is ideal for elderly if they can get past the idea of all their data being in the cloud. I have never heard of one getting a virus and that would be my biggest concern setting an elderly person up with a Windows computer. It is simply inevitable that they will get a virus or fall ...
by aristotelian
Sun Nov 12, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Use or Lose $850 from Limited Expense FSA
Replies: 36
Views: 1616

Re: Use or Lose $850 from Limited Expense FSA

If she will use the prescription toothpaste in perpetuity, easiest thing would be to get a lifetime supply.... Do either of you have any interest in Lasik? The issue with the RX toothpaste is that the stuff expires. We have at least a good 18 month supply now. Re: LASIK, I have 20/20 vision. She ha...
by aristotelian
Sun Nov 12, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Use or Lose $850 from Limited Expense FSA
Replies: 36
Views: 1616

Re: Use or Lose $850 from Limited Expense FSA

If she will use the prescription toothpaste in perpetuity, easiest thing would be to get a lifetime supply. And lesson learned, don't budget the FSA unless you have a known expense coming up. What we try to do (although usually fail) is to take care of all exams for the whole family in the fall, get...
by aristotelian
Sun Nov 12, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Fidelity 10X Retirement Rule - - Valid???
Replies: 46
Views: 2905

Re: Fidelity 10X Retirement Rule - - Valid???

It is a perfectly fine rule of thumb, as plenty of empirical research has repeatedly shown. I think the Expenses Brigade always has a knee jerk reaction to this that they don't have for many other topics and I don't understand the religious fervor. If someone saves 10 years of salary by the time th...
by aristotelian
Sun Nov 12, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: What Credit Card is good for me?
Replies: 19
Views: 1235

Re: What Credit Card is good for me?

CapOne Quicksilver is my go to all purpose card. I like the combo of no foreign fees and 1.5% cash back. My wife wouldn't have the patience to mess around with categories. The Fidelity one is interesting but I have been with VG and Schwab and don't really want another account cluttering up my spread...
by aristotelian
Sat Nov 11, 2017 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: First "real" job with 401(k), HSA and higher income. Any advice?
Replies: 19
Views: 1664

Re: First "real" job with 401(k), HSA and higher income. Any advice?

I think you are on the right track. You have an aggressive allocation but if that suits your personality it is perfectly defensible. You might look into the concept of "risk adjusted return", i.e. 70/30 is thought to reduce volatility significantly while only reducing return only incrementally. Rega...
by aristotelian
Sat Nov 11, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised funds
Replies: 44
Views: 1656

Re: Donor Advised funds

Do you already itemize? If X small amount barely gets you over, the 10 small donations don't get you anything. However, 90% of the 10X would be deductible. Note that standard deduction may increase which would further arguing for you taking it now.
by aristotelian
Fri Nov 10, 2017 11:52 pm
Forum: Investing - Theory, News & General
Topic: What do people mean when they say their SWR is X% or they have X times expenses?
Replies: 27
Views: 2039

Re: What do people mean when they say their SWR is X% or they have X times expenses?

People who are going for extreme early retirement, as in the so-called "FIRE community", generally mean all expenses. They are not even thinking about social security because it is so far off that they are not counting on it, and they are retiring so young that they haven't paid much into it. So the...
by aristotelian
Fri Nov 10, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Losing HSA eligibility. Choosing a good alternative
Replies: 8
Views: 728

Re: Losing HSA eligibility. Choosing a good alternative

Can't do Backdoor ROTH as we have a very large Rollover IRA that can't be rolled over to 401(K) as I don't work and DH's 401(K) has very limited choices, so we don't want to roll his either. We are maxing out I-Bonds for last 2 years and that is essentially the Emergency Fund. I hadn't considered E...
by aristotelian
Fri Nov 10, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question - reimbursing expenses from deceased spouse?
Replies: 6
Views: 284

Re: HSA question - reimbursing expenses from deceased spouse?

I don't know the answer but if there is any gray area you could keep things simple and instruct her to use it for Medicare premiums, long term care insurance, and her own out of pocket expenses.
by aristotelian
Fri Nov 10, 2017 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Losing HSA eligibility. Choosing a good alternative
Replies: 8
Views: 728

Re: Losing HSA eligibility. Choosing a good alternative

sport wrote:
Fri Nov 10, 2017 5:41 pm
How about "backdoor" Roth IRA contributions?
+1. Also Muni bonds, EE bonds (if you have a long timeframe) and I bonds to increase your tax free/deferred space.
by aristotelian
Fri Nov 10, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is using a Roth IRA for saving for a vacation in 10 years a good idea?
Replies: 11
Views: 802

Re: Is using a Roth IRA for saving for a vacation in 10 years a good idea?

If you are not otherwise using your Roth, yes, for a 10 year investment it is better to save in Roth tax free than in a standard bank or brokerage account.

However, ideally you would be maxing your Roth for retirement expenses and saving for other stuff like vacations on the side.
by aristotelian
Fri Nov 10, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest my settlement
Replies: 16
Views: 1538

Re: How to invest my settlement

Don't buy the truck. That is very common windfall behavior.

If you must, wait 6 months (per the wiki), decide if you really need it, and then buy it.

Repeat, at least for now, don't buy the truck.
by aristotelian
Fri Nov 10, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 260
Views: 34925

Re: Selling all equities, discuss why I'm wrong. :)

You should do what makes you feel comfortable. The key thing is to stick to it. Don't doubt your decision and then try to buy back in again. Then it turns into a giant back and forth and those don't usually end up so well. In the end, it's your money and your own responsibility. Good luck! Well, I ...
by aristotelian
Fri Nov 10, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 139
Views: 13020

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

How are you calculating those fees? Isn't Lively $30/year? I think he is assuming transaction fees on Vanguard funds because TD is dropping them from their free ETF list. Of course, you can easily find a comparable iShares or State Street fund within .02% ER so I don't think that is really an apple...
by aristotelian
Fri Nov 10, 2017 7:21 am
Forum: Investing - Help with Personal Investments
Topic: Annual timing of Roth IRA contribution
Replies: 5
Views: 609

Re: Annual timing of Roth IRA contribution

The one reason to wait is if you are close to the contribution limit. Your W-2 income may be low enough but is it possible that you may realize capital gains or receive some kind of windfall during the year that might put you over?
by aristotelian
Thu Nov 09, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Where to allocate a $20,000 emergency fund
Replies: 16
Views: 1525

Re: Where to allocate a $20,000 emergency fund

Sorry to hijack this thread, but I too have some cash sitting around in a Wells Fargo account, close to $30000. Is an Ally savings account trustworthy enough to transfer all that money into? I would trust Ally more than Wells Fargo. http://fortune.com/2017/08/31/wells-fargo-fake-accounts-scandal-20...
by aristotelian
Thu Nov 09, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Criticize my portfolio please but have mercy on me
Replies: 21
Views: 2334

Re: Criticize my portfolio please but have mercy on me

At age 43 and 33% tax bracket, I would recommend reading up on savings rate. I am concerned you are not going to be able to sustain your lifestyle in retirement. That would argue for reducing your lifestyle and saving more aggressively. Even if you are planning to work into your 60s, this would be a...
by aristotelian
Thu Nov 09, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - New, Small and Looking to Improve
Replies: 10
Views: 868

Re: Portfolio Advice - New, Small and Looking to Improve

No, I Bonds principal and fixed rate (currently 0.1%) are guaranteed. There is no downside as far as I am concerned, other than 1 year requirement to become liquid. Sorry for asking more questions, but I still don't fully understand how I would earn a greater return than from my online savings acco...
by aristotelian
Thu Nov 09, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy for repaying wife's law school loans
Replies: 23
Views: 1934

Re: Strategy for repaying wife's law school loans

If she doesn't even want to stay at the job, I would ignore the forgiveness option. It is high enough interest that I would not want to just pay the minimums. Since you are both gainfully employed, I would take the risk and empty the EF down to $15k or $20k and pay off as much as possible, and then ...
by aristotelian
Thu Nov 09, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Having second thoughts about building up hsa
Replies: 17
Views: 1475

Re: Having second thoughts about building up hsa

This may be a semantic distinction, but I know that for FSA "receipts" on their own are insufficient. A credit card receipt that just says "Dr. Smith, $225.76" is not enough. Our FSA provider will not reimburse unless you have a piece of paper stating the patient's name and service rendered. EOB fro...
by aristotelian
Thu Nov 09, 2017 7:03 am
Forum: Investing - Help with Personal Investments
Topic: How can I get my kids into Vanguard Primecap
Replies: 12
Views: 1544

Re: How can I get my kids into Vanguard Primecap

How about setting up a joint brokerage account with them? I believe they would then get your Flagship status or at least you would have the ability to purchase Primecap and put the money directly in their name. Could create some tax issues if either of you needs to cash it in at any point.
by aristotelian
Wed Nov 08, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Ran out of space for bonds in tax-deferred accounts. Now what?
Replies: 17
Views: 1892

Re: Ran out of space for bonds in tax-deferred accounts. Now what?

I Bonds are another possibility. Interest is tax deferred and they would give you some inflation protection.
by aristotelian
Wed Nov 08, 2017 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest my emergency fund?
Replies: 16
Views: 1265

Re: Should I invest my emergency fund?

You probably don't need it, but I also question the upside of adding another $60k to your brokerage account. Do you actually need to take more risk? My IPS states that greed is not an acceptable basis for taking risk. I'm not clear on your meaning here. How is investing this money being greedy? I a...
by aristotelian
Wed Nov 08, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest my emergency fund?
Replies: 16
Views: 1265

Re: Should I invest my emergency fund?

You probably don't need it, but I also question the upside of adding another $60k to your brokerage account. Do you actually need to take more risk? My IPS states that greed is not an acceptable basis for taking risk.
by aristotelian
Wed Nov 08, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - New, Small and Looking to Improve
Replies: 10
Views: 868

Re: Portfolio Advice - New, Small and Looking to Improve

Thank you for that advice. I've only recently become interested in I bonds and considered purchasing some as opposed to holding that money in my savings account. Don't I have to worry about the capital loss? Would that wash out the extra yield that I would earn from these if I cash them in after 5 ...
by aristotelian
Wed Nov 08, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a health plan with baby on the horizon
Replies: 7
Views: 534

Re: Choosing a health plan with baby on the horizon

-- We also have access to a FSA. Should I fund it and use it to pay for maternity care? You cannot do general purpose FSA (which would apply to maternity) and HSA at the same time. So you would have to go with Kaiser in that case, but it wouldn't help you very much if the delivery is covered 100% a...
by aristotelian
Wed Nov 08, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: HSA w high medical expenses: Still worth it?
Replies: 18
Views: 1301

Re: HSA w high medical expenses: Still worth it?

If you have high expenses and the out of pocket max and premiums are the same for both plans, won't your expense be the same?

In that case, go with the one that offers pre-tax funds and tax free growth.
by aristotelian
Wed Nov 08, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Talk me out of a barbelling / Larry-type portfolio
Replies: 22
Views: 1236

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

chisey, No, they are not. Larry is against long-term treasury under any circumstances. KlangFool The Larry is a minimize-fat-tails type portfolio. So is this, and it's similar in several other ways. No need to get hung up on purity to Larry's view of LTT, as that's not why I'm looking at this portf...
by aristotelian
Wed Nov 08, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: E-Mail bombs from TIAA-CREF
Replies: 4
Views: 597

Re: E-Mail bombs from TIAA-CREF

Why would you open an IRA with them? Just curious.