Search found 294 matches

by billthecat
Sat Jan 12, 2019 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: 4 cents left in traditional IRA after Backdoor Roth
Replies: 13
Views: 1225

Re: 4 cents left in traditional IRA after Backdoor Roth

I did a backdoor Roth with Chase, but since they took long to convert from traditional to Roth, my $6,000 has already earned 4 cents. The $6,000 will be moved into the Roth by monday, and the 4 cents will be sitting in traditional. Now what? I would wait until next year and just convert the extra 4...
by billthecat
Thu Jan 03, 2019 8:40 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 159
Views: 7726

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

Yes, moved $7,000 from taxable to traditional IRA, converted it to Roth, and placed an order for SWTSX (Schwab total stock market) in full. Because of that, you may want to wait, because I expect the market to decline after today. :( I did try to warn you all... I front load my 401k during January,...
by billthecat
Wed Jan 02, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 159
Views: 7726

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

Yes, moved $7,000 from taxable to traditional IRA, converted it to Roth, and placed an order for SWTSX (Schwab total stock market) in full.

Because of that, you may want to wait, because I expect the market to decline after today. :(
by billthecat
Wed Jan 02, 2019 2:48 am
Forum: Investing - Help with Personal Investments
Topic: Can I front-load 401k contributions?
Replies: 22
Views: 2532

Re: Can I front-load 401k contributions?

I know about annual 401k contribution limit. Are those limits merely per annum? I'm wondering if I can "front-load" my contributions. Meaning, not exceed the annual limit in the calendar year, but make larger contributions earlier in the calendar year, and then stopping contributions when I hit the...
by billthecat
Wed Jan 02, 2019 2:32 am
Forum: Investing - Help with Personal Investments
Topic: i-bond: is it sensible to buy max in one go
Replies: 4
Views: 718

Re: i-bond: is it sensible to buy max in one go

Hi, For buying i-bonds, is it okay or sensible to simply buy the maximum limit of $10K in a single transaction, let's say on Jan 1 or 2. Or is there a better or more recommended way to buy the max limit? Same for Roth IRA: Can you just put in $6K one Jan 1 and be done with it? Or is there another B...
by billthecat
Tue Dec 25, 2018 1:18 am
Forum: Investing - Help with Personal Investments
Topic: Should I hold, rather than sell, tech RSUs in light of downturn?
Replies: 13
Views: 1149

Re: Should I hold, rather than sell, tech RSUs in light of downturn?

To answer your question: In light of this downturn, I would sell all shares as soon as they vest. The reason is that RSUs are taxed as soon as they vest. If the vested shares continue to go down in value, you just overpaid taxes. If you sell at a loss (same year) then those loses are short term cap...
by billthecat
Fri Dec 07, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds - what's the consensus for this cycle?
Replies: 11
Views: 2852

Re: I-Bonds - what's the consensus for this cycle?

I've never bought any I-Bonds but was thinking maybe I should, and we're at the point where one would buy (the end of the month after rate change). I thought I might buy them simply because there's a limit to how much you can buy, and for a little diversification (i.e., inflation protected bonds, s...
by billthecat
Sat Dec 01, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds - what's the consensus for this cycle?
Replies: 11
Views: 2852

Re: I-Bonds - what's the consensus for this cycle?

I've never bought any I-Bonds but was thinking maybe I should, and we're at the point where one would buy (the end of the month after rate change). I thought I might buy them simply because there's a limit to how much you can buy, and for a little diversification (i.e., inflation protected bonds, s...
by billthecat
Fri Nov 30, 2018 12:03 am
Forum: Personal Consumer Issues
Topic: Best new Mac/features for 2000-3000
Replies: 60
Views: 4027

Re: Best new Mac/features for 2000-3000

Use iphones/ipods but never had Mac desktop (not interested in laptop). Suggestions at 2-3K? The options are overwhelming. Please give me some advice. Thanks Old Dell worn out. Just surfing, video/pic archives, streaming youtube/other prgms, but no gaming. Would love a decent sized screen, say 24 i...
by billthecat
Thu Nov 29, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds - what's the consensus for this cycle?
Replies: 11
Views: 2852

Re: I-Bonds - what's the consensus for this cycle?

am wrote:
Wed Nov 28, 2018 10:58 pm
I bought some for the first time. I think .5% return above inflation and tax deferral without risk is a good deal. Will buy some more next year.
I just bought some - "purchase date" will be tomorrow, so just in time.
by billthecat
Wed Nov 28, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds - what's the consensus for this cycle?
Replies: 11
Views: 2852

I-Bonds - what's the consensus for this cycle?

I've never bought any I-Bonds but was thinking maybe I should, and we're at the point where one would buy (the end of the month after rate change). I thought I might buy them simply because there's a limit to how much you can buy, and for a little diversification (i.e., inflation protected bonds, so...
by billthecat
Sat Nov 17, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: Laptop security - Mac OS or Windows
Replies: 42
Views: 2818

Re: Laptop security - Mac OS or Windows

sksbog wrote:
Sat Nov 17, 2018 10:39 pm
Windows 10 gets patched/updated almost every week nowadays.
Sorry, is that a good or bad sign?
by billthecat
Sun Nov 11, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs in the year one becomes 70 1/2
Replies: 24
Views: 1910

Re: RMDs in the year one becomes 70 1/2

testing321 wrote:
Sun Nov 11, 2018 2:34 pm
Any funds that you withdraw from a retirement account counts toward the RMD.
But not conversions.
by billthecat
Sat Nov 10, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: Evaluating placement of international funds using actual data
Replies: 6
Views: 498

Evaluating placement of international funds using actual data

On international funds, the wiki says: Whether or not the foreign tax credit is sufficient depends on such factors as the the percentage of the fund's foreign source income component, the foreign tax rate, the percentage of the foreign dividends that are qualified, and the the US marginal tax bracke...
by billthecat
Sat Nov 10, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: How to stop junk mail for a deceased person
Replies: 61
Views: 6237

Re: How to stop junk mail for a deceased person

What about contacting each sender and changing your address to their address?
by billthecat
Fri Nov 09, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 51
Views: 3847

Re: Paper or Paperless? How and what financial records do you keep?

Scan it all in as PDFs. OCR the PDFs. Shred the paper. Store it on the computer, back it up onsite, back it up to the cloud.

If you're concerned about the security of Box, Backblaze, iCloud, etc., etc., just store the files it in an encrypted virtual drive and back that up to the cloud.
by billthecat
Sat Nov 03, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Are Bond Funds Really a Good Investment Now?
Replies: 44
Views: 5192

Re: Are Bond Funds Really a Good Investment Now?

I have been looking at my Vanguard Bond Fund portfolio and they are either a net zero gain/loss for the year or in one case earning 2.5%. I have taken into account the drop in the fund value and earnings/dividends. Considering the prevailing thought the interest rates will continue to rise it stand...
by billthecat
Sat Oct 27, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9527

Re: In retirement, when do you stop withdrawing from stocks in a downturn?

Is there a formulaic approach to this? What if, for example, you decide how much money you would normally withdraw, determine the number of shares that would be at the high, sell the same number of shares at the current price, and make up the difference with funds from your cash buffer? So using SCH...
by billthecat
Mon Oct 22, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Delaware statutory trust
Replies: 0
Views: 157

Delaware statutory trust

I was browsing around and stumbled across DSTs (see https://www.realized1031.com/1031-exchange-into-a-reit?&utm_source=bing&utm_medium=cpc&utm_campaign=Repl_Prop_Int&utm_content=reit_1031&sl=&utm_term=%2B1031%20%2Breits&mt=b&agp=1208363344627649&adid=75522746508175&pos=%7Badposition%7D&tid=kwd-75522...
by billthecat
Sat Oct 20, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 47
Views: 9382

Re: Set it and forget it

Instead of a fear of missing out, I have a fear of screwing up again (FOSUA).

2000, real estate, commodities...

We’ll see how my bonds (muni) in taxable work out ...
by billthecat
Wed Oct 10, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

There's not enough space in my tax-deferred to encompass all my bond allocation, so I'll supplement with national municipal bonds in taxable. And, as I convert traditional to Roth (like you) during early retirement leading up until SS, that space will shrink, so the national munis in taxable will g...
by billthecat
Wed Oct 10, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

I keep most bonds in tax-deferred because I will pay income tax rates on all withdrawals. I keep mostly stocks in taxable because I plan to pay 0% on all gains of withdrawals. I keep mostly high expected return stocks in Roth because I will pay 0% on all withdrawals. I plan to convert most tax-defe...
by billthecat
Wed Oct 10, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: After-tax Contributions & In-Plan Conversion
Replies: 3
Views: 205

Re: After-tax Contributions & In-Plan Conversion

Hi all, So effective the beginning of next month, my employer's 401k plan allows the ability to convert after-tax contributions to a Roth 401(k) account with the plan, also known as an in-plan Roth 401(k) rollover. I am already maxing out my traditional 401k contributions as well as backdoor Roth I...
by billthecat
Wed Oct 10, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Fixed annuity with a guaranteed lifetime withdrawal benefit
Replies: 8
Views: 491

Re: Fixed annuity with a guaranteed lifetime withdrawal benefit

Wrong product for an individual who is 79 years old. I suspect that the 5.5% and the 7.5% numbers are the attraction. Note that neither of these numbers is an interest rate , lest he be confused. At his age, if he wants an income stream for life, an SPIA would be appropriate and the payout is quite...
by billthecat
Wed Oct 10, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Fixed annuity with a guaranteed lifetime withdrawal benefit
Replies: 8
Views: 491

Fixed annuity with a guaranteed lifetime withdrawal benefit

My dad asked me about this annuity . I know nothing about annuities, except the recurring point here that SPIAs are OK. I searched for more info online about this annuity but all I could find was a "non-elite" version. This brochure was emailed to him from VALIC Financial Advisors, Inc. (I don't thi...
by billthecat
Sun Oct 07, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Should I keep Intermediate Term Tax Exempt Fund?
Replies: 15
Views: 2103

Re: Should I keep Intermediate Term Tax Exempt Fund?

What is the right yield to use when comparing bonds (or stocks for that matter)?

TTM?
30-day SEC?
Yield to maturity?
by billthecat
Sat Oct 06, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 13224

Re: What purchase saved you the most money?

An electric toothbrush.

(Reduces the likelihood of costly dental repairs.)
by billthecat
Sat Oct 06, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9417

Re: 20 countries where 200K in retirement savings will last you decades

Ecuador Nicaragua Thailand Belize Panama Costa Rica Malaysia Spain The Philippines Peru Portugal Colombia Mexico Cambodia Vietnam Dominican Republic Ukraine Slovenia Malta Uruguay Technically they say they are places where you need to have $200,000 plus $1,360 in Social Security, giving you about $...
by billthecat
Thu Oct 04, 2018 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Scenario
Replies: 8
Views: 1265

Re: Retirement Scenario

I am a teacher in Illinois looking to retire in just under 4 years. I will have a pension and some social security from earlier non-teacher employment to finance at least 3/4 of my retirement financial needs, but am planning to supplement my retirement income with 401K funds. I invested $245,000 ab...
by billthecat
Thu Oct 04, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: Simple, free way to send photos to people?
Replies: 15
Views: 1066

Re: Simple, free way to send photos to people?

Bear with me...I'm not tech savvy. I bought a scanner (thanks for your advice!) and now am happily scanning in bunches of old family photos, college photos, etc. Easy peasy! I have them loaded in "Pictures" on my laptop. The next thing to figure out is how to create an album and send photos to my f...
by billthecat
Thu Oct 04, 2018 1:27 am
Forum: Personal Consumer Issues
Topic: Remember traveler's checks? How to cash a forgotten stash
Replies: 29
Views: 3567

Re: Remember traveler's checks? How to cash a forgotten stash

lynneny wrote:
Tue Oct 02, 2018 11:32 pm
brick-and-mortar banks will only reluctantly accept them if you have an account with them, but I bank online.
Why don’t you use them to open an account and then just close it?
by billthecat
Tue Oct 02, 2018 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

Having looked at this and your linked comment, and the comment on international funds too, I find the whole thing exasperating and may yet go back to using the Schwab robo, and a target date in my 401k, and just forget about it. if you have an unusually good bond option in the 401(k) such as the TS...
by billthecat
Mon Oct 01, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

Good article from forum member whitecoatinvestor... https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ Summary is bonds in taxable may be the right choice for many here.. My decision to normally place taxable bonds in tax-deferred accounts is based primarily on a study by William...
by billthecat
Mon Oct 01, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

A large portion of our bonds (~85%) are in tax deferred accounts. The rest is a small amount of my state's munis in taxable. I really don't get any taxable bonds in taxable argument? :shock: JW The taxes on bond dividends are higher but the growth is greater for stocks. So depending on the circumst...
by billthecat
Mon Oct 01, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

I keep most bonds in tax-deferred because I will pay income tax rates on all withdrawals. I keep mostly stocks in taxable because I plan to pay 0% on all gains of withdrawals. I keep mostly high expected return stocks in Roth because I will pay 0% on all withdrawals. I plan to convert most tax-defe...
by billthecat
Sat Sep 29, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bonds Go in Taxable?
Replies: 71
Views: 6960

Re: Do Bonds Go in Taxable?

I continue to struggle with this but based on these assumptions : CA US Taxable Bond fund VCADX VWIUX VBTLX Bond yield 2.70% 2.87% 2.69% Bond return 2.70% 2.87% 2.69% Stock (SCHB) yield 1.59% 1.59% 1.59% Stock return 5% 5% 5% Bond dividend tax rate 0% 11.3% 50.1% LTCG, qualified div tax rate 30.1% 3...
by billthecat
Fri Sep 28, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Schwab Bond Fund
Replies: 14
Views: 1399

Re: Tax Efficient Schwab Bond Fund

Aren’t there commissions when buying Vanguard at Schwab? Yes there is. In the case of Vanguard Inter-Term Tax Exempt VWITX it's $76 and $0 to sell. This is one of the reason to use Schwab funds wherever possible and do sales as infrequently as possible, such as once-a-year in my MIL's case. Yeah. I...
by billthecat
Fri Sep 28, 2018 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Schwab Bond Fund
Replies: 14
Views: 1399

Re: Tax Efficient Schwab Bond Fund

BigFoot48 wrote:
Fri Sep 28, 2018 12:39 am
In recent years I've been buying the Vanguard Intermediate Tax Exempt bond fund in my mother-in-laws Schwab taxable account with her RMD proceeds.
Aren’t there commissions when buying Vanguard at Schwab?
by billthecat
Thu Sep 27, 2018 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Bond fund yields: Schwab vs Vanguard
Replies: 11
Views: 1222

Re: Bond fund yields: Schwab vs Vanguard

You also need to look at the duration & average maturity of each bond fund. The longer the duration & average effective maturity, the higher the SEC yield. But with longer duration/maturity, the more volatile the net asset value of the bond fund. Normally longer term bond funds will carry a higher ...
by billthecat
Thu Sep 27, 2018 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bond fund yields: Schwab vs Vanguard
Replies: 11
Views: 1222

Re: Bond fund yields: Schwab vs Vanguard

Yields are minus fees and that usually makes up the entire difference. While Schwab, Fidelity, etc are introducing some low cost options they tend to get you on money markets (if they put you in one) and bond funds. Crazy because those are where the fees make the most difference but it's probably b...
by billthecat
Thu Sep 27, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Fund Placement for Tax-Efficiency vs. Growth
Replies: 4
Views: 453

Re: Fund Placement for Tax-Efficiency vs. Growth

I took a look at White Coat Investor's blogs on this, did the math for myself, and concluded, for example, I'm better off with fixed income in my taxable account. https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ More recently, https://www.whitecoatinvestor.com/my-two-asset-locat...
by billthecat
Thu Sep 27, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund yields: Schwab vs Vanguard
Replies: 11
Views: 1222

Bond fund yields: Schwab vs Vanguard

I am in California, I generally work with Schwab, and I'm looking at bond fund options. When I compare US-exempt, US/CA-exempt, and taxable bond funds between Schwab and Vanguard, it looks like Vanguard comes out ahead by a significant margin. Sample yields: Schwab Vanguard California SWCAX 2.44% VC...
by billthecat
Sat Sep 22, 2018 1:44 pm
Forum: Investing - Theory, News & General
Topic: Why do Schwab fund only pay distributions once a year?
Replies: 7
Views: 1139

Re: Why do Schwab fund only pay distributions once a year?

Any idea why a lot of Schwab mutual funds and ETFs only pay once a year? Any advantage or disadvantage over quarterly distributions? I personally prefer the 1/4 for better averaging over time. Just curious as to why they set it up this way. Maybe the fund is able to float the dividends it receives ...
by billthecat
Wed Sep 19, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25998

Re: What is your single most expensive mistake?

stoptothink wrote:
Tue Sep 18, 2018 4:51 pm
Getting involved in real estate investing/development just a few years before the crash - loss of 6 figures
Me too! Lost about $500,000.
by billthecat
Mon Sep 17, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: California tax free fund or an AMT tax free fund?
Replies: 9
Views: 856

Re: California tax free fund or an AMT tax free fund?

Are you still subject to AMT after the changes in tax law? Many who were aren't. If you still need it here's one: https://www.morningstar.com/funds/xnas/drcax/quote.html Interesting. I will have more than 70k in taxable income (the threshold for single filers) but a lot of deductions have been elim...
by billthecat
Mon Sep 17, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: California tax free fund or an AMT tax free fund?
Replies: 9
Views: 856

California tax free fund or an AMT tax free fund?

Since I’m in California and am subject to AMT, should I put money market funds in a California tax free fund like SWKXX or an AMT tax free fund like SWWXX?

Is there no fund that is both California and AMT tax free? I have to choose one or the other?
by billthecat
Sun Sep 16, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: CDs role in Fixed income part of portfolio
Replies: 31
Views: 2944

Re: CDs role in Fixed income part of portfolio

CDs have no role in my portfolio. I use Vanguard money market funds for short-term savings, and bond funds for everything else. That’s what I was thinking. MM for the cash portion of my total assets (5%), total bond market for the investment portion of fixed income (35%). I may max out the annual I...
by billthecat
Fri Sep 14, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12218

Re: Age in Bonds - Still Recommended?

Slowly I've adopted the idea that "if you've already won the game why continue to play"? (Bernstein) Also "a retiree should not hold anything near his risk tolerance". (Ferri). +1 52y.o. retired 50/35/15 A hourly fee based financial planner ran us through a bunch of questions to get an idea of risk...
by billthecat
Fri Sep 14, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds - Still Recommended?
Replies: 152
Views: 12218

Re: Age in Bonds - Still Recommended?

Here's a chart of bond and cash allocation comparing Schwab's glide path vs age vs age-10 vs age-20. https://i.imgur.com/EQnEYtc.jpg Generally, it seems like target date funds follow an S curve, more or less. That is, accumulating bonds/cash less than age-10, then quickly ramping up, and tapering of...