Search found 43 matches

by BoglePablo
Wed Nov 21, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: HSBC online savings; comments?
Replies: 14
Views: 1442

HSBC online savings; comments?

I have had an HSBC online savings account since 2008, when their rates were competitive. Some years after that, their rates dropped, and I have not been earning any interest for several years now. They just increased their online savings rate to 2.01% (or perhaps created a new online account with th...
by BoglePablo
Sun Nov 04, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 257
Views: 18306

Re: H&R Block 2018 Tax Software Deluxe Federal + State $29.95

tuningfork wrote:
Sat Nov 03, 2018 10:26 pm
I use H&R Block software to prepare my state taxes, but rather than paying the fee to e-file, I go to my state's free online tax filing website. Transcribe the numbers, takes 5 minutes, submit. Free. This is for Colorado. Your state may not have this option.
Same for illinois
by BoglePablo
Mon Oct 15, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36618

Re: free dinner investing seminar

I don't get the angst over taking advantage of a free meal. Look at it this way, they invited you, so you're doing the polite thing by accepting their invitation. +1 It's a business transaction, same as the $200 bonus for opening up a new checking account. I'm up front about closing it after the re...
by BoglePablo
Fri Oct 05, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: New immigrant with complicated situation
Replies: 24
Views: 2778

Re: New immigrant with complicated situation

Keep it simple and legal. You can each legally gift her $10,000 per year. I don't think you can give her $750,000 legally. Not to be pedantic, just accurate: there is nothing illegal about gifting money, regardless of the amount. There are federal and in some cases state requirements regarding taxe...
by BoglePablo
Thu Sep 27, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 658
Views: 83531

Re: How much money do you want to retire?

A typical suburban house with 2500 sqft and 4 bedrooms will have taxes around $12K in Bostom Metrowest area *WITH* good school system. I live about 40 miles from Boston and my taxes for that house are over $13K. The assessed price is around $700K. My RE portion had been always higher than PI since ...
by BoglePablo
Sun Sep 23, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Regrets / Pearls
Replies: 37
Views: 6957

Re: Regrets / Pearls

- save more, earlier (and in particular, Roth IRA)
- maybe I shoulda kept the 2-flat unit I owned, when I moved to the 'burbs
But these are more opportunities, rather than significant problems I regret
In particular, I think that whatever I had saved, I would have wanted to save more, in hindsight
by BoglePablo
Fri Sep 21, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Proposed Retirement Portfolio Critique Solicited
Replies: 7
Views: 796

Re: Proposed Retirement Portfolio Critique Solicited

1) I believe a "tax-managed" fund is intended to minimize capital gains distributions (there may be multiple techniques, eg minimizing the sale of appreciated stocks, harvesting losses against gains, etc). I do not consider the higher-expense ratio for such active mgt as worthwhile 2) I concur the p...
by BoglePablo
Tue May 15, 2018 9:04 pm
Forum: Personal Consumer Issues
Topic: Three sump pumps?
Replies: 10
Views: 1184

Re: Three sump pumps?

Our house has two sumps and we had primary and backup (battery) pumps in each pit. One day I was traveling on business and got a call from home that the basement carpeting was wet. All four pumps had failed. I asked whether my kids (primary users of basement) had heard a high pitched sound which wa...
by BoglePablo
Tue May 15, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Three sump pumps?
Replies: 10
Views: 1184

Re: Three sump pumps?

You are asking about replacing a sump pump with a combo unit (primary and backup)? Or you are asking about *adding* this combo to an existing sump pump? I have an existing primary and backup installation in my current pit, like in this picture: http://www.uswaterproofing.com/services/residential/bo...
by BoglePablo
Tue May 15, 2018 8:11 pm
Forum: Personal Consumer Issues
Topic: Three sump pumps?
Replies: 10
Views: 1184

Three sump pumps?

Hi all - At my previous house (~2K sq ft), I had a standard 22gal sump pump pit. The drainage was bad, and power would go out regularly during heavy storms, so I had a primary, and battery-backup, pump. When the battery-backup pump needed to be replaced, I installed a combo https://www.basementwatch...
by BoglePablo
Wed Apr 18, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 99
Views: 15877

Re: What online bank do you use?

Thanks for all the suggestions, everyone! I happened to stumble upon The Aspiration Summit checking account, which offers an 1.00% APY on balances above $2,500.00. Is this too good to be true? It has foreign transaction fees , so if you're doing much international travel, that puts it firmly below ...
by BoglePablo
Sat Apr 14, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Fund to pick for Roth IRA
Replies: 5
Views: 717

Re: Fund to pick for Roth IRA

Hi all, Im a married 28 year old, two children. I currently have a Roth IRA through Fidelity. My Roth IRA is 100% in FUSVX as of right now and that is sitting around $11,500. I've maxed it out for the year and am also looking to create a Roth for my wife as well. Should I simply pick what I did abo...
by BoglePablo
Sat Apr 14, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Which fidelity funds?
Replies: 29
Views: 3030

Re: Which fidelity funds?

As this appears to be a Fidelity Taxable account, avoid mutual funds due to their higher tax cost ratio (i.e. future taxes). Just buy commission-free index ishares ETFs from Fidelity (https://www.fidelity.com/etfs/ishares). You can start with 60% ITOT (Core S&P Total U.S. Stock Market) and 40% AGG ...
by BoglePablo
Sat Apr 14, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Reducing tIRA balance, prior to backdoor Roth?
Replies: 4
Views: 442

Re: Reducing tIRA balance, prior to backdoor Roth?

Thanks retiredjg for your insights! Yes. A conversion is taxed at your marginal rate (which is often your tax bracket). There are no penalties or extra tax. If you are in a high tax bracket, I'd put the money into taxable rather than paying a high tax rate to get that $50k into Roth. You may have de...
by BoglePablo
Sat Apr 14, 2018 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Reducing tIRA balance, prior to backdoor Roth?
Replies: 4
Views: 442

Reducing tIRA balance, prior to backdoor Roth?

Hi, I want to do backdoor Roth contributions in the future (due to exceeding the maximum earned income limits) I think that in order to do this, I should first reduce my existing tIRA balance (to avoid the prorated tax bill) tIRA balance is about $50K; exactly $6K is after-tax contributions over the...
by BoglePablo
Sat Apr 07, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Rollover IRA into 401k , cost basis to worry about ?
Replies: 7
Views: 827

Re: Moving Rollover IRA into 401k , cost basis to worry about ?

Am i right about the cost basis assumption ? Sounds like you are right. If none of the money has ever been taxed, such as from non-deductible contributions to IRA, there is no basis and it is all just waiting to be taxed at withdrawal. On the other hand: I have a tIRA with some basis (after tax con...
by BoglePablo
Sat Apr 07, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Very short term investment
Replies: 17
Views: 1497

Re: Very short term investment

Vanguard Prime MM is at 1.73% currently, likely to continue upward trend with planned Fed rate increases. My saving account is 1.5% is this worth additional 0.23%? $23 difference for my $10k savings fund sitting in Marcus/Goldman Sachs. I might spend the time linking my Marcus account to Vanguard i...
by BoglePablo
Fri Apr 06, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 5372

Re: What is Megacorp?

Ok. I have a dumb question, and I'm probably overthinking it. I looked in the abbreviations list and didn't see it listed. When people refer to Megacorp, what do they mean? That they work for a large corporation and make a significant salary? I wonder if there is a reference to some TV show? You kn...
by BoglePablo
Sun Apr 01, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA: Vanguard excess contribution removal ?
Replies: 2
Views: 271

Re: Roth IRA: Vanguard excess contribution removal ?

Thanks welx23 for sharing your experience!
by BoglePablo
Sun Apr 01, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA: Vanguard excess contribution removal ?
Replies: 2
Views: 271

Roth IRA: Vanguard excess contribution removal ?

Hi - DW and I will exceed the income limit this year for Roth IRAs. We realized this after having made two monthly contributions ($1,000). We submitted Vanguard's excess contribution removal form. Since the market dropped slightly, we received slightly less than what we contributed (~$980). Vanguard...
by BoglePablo
Sat Mar 31, 2018 12:32 am
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 5401

Re: When did you know your kids would go to college?

NextMil wrote:
Fri Mar 30, 2018 10:52 am
They are going to college whether they like it or not. College is the new high school. Boom, problem solved. Now let the flaming of my view begin.
+1
by BoglePablo
Sun Mar 18, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Does credit score matter if you never plan to borrow money again?
Replies: 44
Views: 4867

Re: Does credit score matter if you never plan to borrow money again?

Yeah, I'm one those that won't let people take advantage of me. I let them know I won't capitulate and will fight all the way. Follow the law, make them verify the debt and all that. Many give up at that point because all they have is a name and amount they bought for cents on the dollar. I agree s...
by BoglePablo
Sat Mar 10, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 36988

Re: Does anyone here with net worths north of $1 mil use financial advisors?

A few years ago I accepted an offer from a Vanguard rep to review my financial situation. I stated that my primary goals were to retire by X and fund my kids tuition. I believe I made clear I was DIY. The conversation consisted of this person saying "yes you are on the right track, is there anything...
by BoglePablo
Sun Mar 04, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home appraisal gone wrong (split levels and livable space)
Replies: 40
Views: 5457

Re: Home appraisal gone wrong (split levels and livable space)

I was an appraiser for 25 years and a raised ranch, split foyer, and ranch with a basement are all considered equal for appraisal purposes. That being said, the property being appraised should be within 20% +/- in square footage to the comparable sales, of similar age and condition. What style home...
by BoglePablo
Sun Mar 04, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home appraisal gone wrong (split levels and livable space)
Replies: 40
Views: 5457

Re: Home appraisal gone wrong (split levels and livable space)

OP, are you working with a local realtor? If so, does he or she agree with your assessment? Not sure what you are asking. If I was working with a realtor, they would only care about potential sale price, which would be in the 440-480 range. I'm just curious as to the capabilities of the realtors on...
by BoglePablo
Sun Mar 04, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Home appraisal gone wrong (split levels and livable space)
Replies: 40
Views: 5457

Re: Home appraisal gone wrong (split levels and livable space)

OP, are you working with a local realtor? If so, does he or she agree with your assessment? I had a similar home: split level, large living area below grade, thus offically about 1500 sq ft above grade living space but 2600 sq ft total. This did not figure into our home appraisal, or historical taxe...
by BoglePablo
Sat Feb 17, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Going from non-admiral funds to admiral
Replies: 14
Views: 1545

Re: Going from non-admiral funds to admiral

In the past i've gotten a notification that my shares would automatically be updated to Admiral. Don't recall the acct type; is this only for certain types of accounts?
by BoglePablo
Sun Sep 24, 2017 7:04 am
Forum: Personal Consumer Issues
Topic: Equifax: protecting my minor child's information?
Replies: 2
Views: 567

Re: Equifax: protecting my minor child's information?

Thanks Nate.

That link led to the specific Equifax page, indicating the snail mail instructions to freeze a child's credit report:

There are also links to the other credit bureaus, state-specific laws, etc

Appreciate the info!
- Pablo
by BoglePablo
Sat Sep 23, 2017 8:40 pm
Forum: Personal Consumer Issues
Topic: Equifax: protecting my minor child's information?
Replies: 2
Views: 567

Equifax: protecting my minor child's information?

Hi Boglefriends - (Longtime lurker & LBYM/DIY practitioner; recent occasional poster) In addition to my info, and my wife's info, one of my minor children's info appears to have been impacted by the Equifax breach (according to their website). My other child was NOT impacted. Neither the Equifax fre...
by BoglePablo
Sat Sep 16, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Do you celebrate financial milestones?
Replies: 124
Views: 18443

Re: Do you celebrate financial milestones?

A number of posts made it sound like folks were reticent to celebrate financial milestones. The thought occurred to me that it's important to celebrate milestones. They don't need to be extravagant or out of proportion but celebrating life is important and if there has been effort expended, sacrifi...
by BoglePablo
Sat Sep 16, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do you celebrate financial milestones?
Replies: 124
Views: 18443

Re: Do you celebrate financial milestones?

So it got me thinking, do you celebrate financial milestones? Did you do something special when you hit $100k, $500k, $1 million, etc? We probably all celebrate, to some extent. I will mention a new milestone to my wife, and she might grunt and go back to reading the paper. Then update my spreadshe...
by BoglePablo
Fri Jul 14, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do you keep a balance in your settlement fund?
Replies: 30
Views: 5396

Re: Do you keep a balance in your settlement fund?

No. Like many other responses, i keep a buffer of cash in other locations - active checking, high yield online savings.

Having said that: there's probably a few hundred i havent swept up into above accounts #lazyBoglehead :happy
by BoglePablo
Tue Jul 04, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Two comma club - thank you
Replies: 16
Views: 5060

Re: Two comma club - thank you

bubbadog wrote:Congrats! I feel the same way. This forum has been invaluable to me as well.
Ditto.

Thanks to all the posters who provide such excellent insight and wisdom. Lurkers thank you.

Congrats on your personal milestone.
by BoglePablo
Sun Jun 04, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: How do you keep spouse informed of family finances?
Replies: 38
Views: 6554

Re: How do you keep spouse informed of family finances?

elnegativo wrote:About once every two years:

Wife: (somewhat accusatorily) Are you saving our money

Me: Yes.

Wife: Well, ok then.
Lol i laughed aloud at this

I have to remind my wife to nag me about $ she is oblivious
by BoglePablo
Sun Apr 23, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 99
Views: 15877

Re: What online bank do you use?

Thanks for all the suggestions, everyone! I happened to stumble upon The Aspiration Summit checking account, which offers an 1.00% APY on balances above $2,500.00. Is this too good to be true? It has foreign transaction fees , so if you're doing much international travel, that puts it firmly below ...
by BoglePablo
Sun Mar 26, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: What building year I should seek when shopping for a house?
Replies: 33
Views: 3363

Re: What building year I should seek when shopping for a house?

In our area, the 80's seemed to have shoddy construction. Gasdoc The neighborhood we moved from had less-than-stellar concrete foundation contractors (honeycombing, cracks, crumbling concrete). Those houses were built 78-80. The houses themselves were generally ok. The subdivision across the main r...
by BoglePablo
Sat Mar 25, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: DOL fiduciary rule : April 10th, so far
Replies: 4
Views: 677

DOL fiduciary rule : April 10th, so far

Unless a proposed 60-day delay takes effect, I believe it's applicable as of April 10th. I mentioned in another thread that I had been talking to a Chase Private Client financial advisor; I asked his opinion on the fiduciary rule and he straight up said "it's a STUPID rule, one of the MOST STUPID ru...
by BoglePablo
Tue Feb 28, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Meeting with Life Insurance Salesmen
Replies: 32
Views: 3236

Re: Meeting with Life Insurance Salesmen

I set the meeting during an hour long car ride I have planned. It will end when the car ride does, and I would much rather listen to a sales pitch than a podcast. Again, not purchasing, just a fan of the 'art'. If you can spare the time, can you post the gist and outcome of your discussion? In my y...
by BoglePablo
Sun Jan 29, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Private Client presentation; your thoughts?
Replies: 23
Views: 4943

Re: Chase Private Client presentation; your thoughts?

Taylor Larimore wrote:
At the end I politely left it at "don't call me, I'll call you".
BoglePablo:

I have traveled this road. In my opinion, "Politely leaving" is one of the best investment decisions you will ever make.

Best wishes.
Taylor
LOL!!!! Thanks for the reassurance!
by BoglePablo
Sun Jan 29, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax is playing games again.
Replies: 52
Views: 12072

Re: TurboTax is playing games again.

nalor511 wrote:Switched to hr block deluxe and never looked back
Me too. Switched when TurboTax removed Schedule D from Deluxe version. Happy with H&R Block.
by BoglePablo
Sun Jan 29, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Reached a milestone: $500K in Retirement Accounts
Replies: 44
Views: 7283

Re: Reached a milestone: $500K in Retirement Accounts

kuttolas wrote:Few days ago my wife & I reached a financial milestone that would not be appropriate to share with family & friends. We have $500,000 in our retirement accounts..
Congratulations!!!!!! Best wishes for a bright future.
by BoglePablo
Sat Jan 28, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Private Client presentation; your thoughts?
Replies: 23
Views: 4943

Re: Chase Private Client presentation; your thoughts?

He is a salesman, hired to push internal products. He is not a fiduciary, and probably the only thing he knows about the regulation is whatever he heard from training. So what would you expect him to say? He did state that he was a fiduciary, and was a fiduciary even before the new law went into ef...
by BoglePablo
Sat Jan 28, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Private Client presentation; your thoughts?
Replies: 23
Views: 4943

Chase Private Client presentation; your thoughts?

When I deposited my settlement check from selling my home, Chase offered a 30-minute presentation on their Private Client services. Despite being clear that I am a DIY'er and not really interested in handing over ~1% of AUM for someone to tell me how to churn my retirement accounts, I accepted out o...