Search found 688 matches

by Vanguard Fan 1367
Wed Aug 15, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Selling Dental Practice and Office Question
Replies: 4
Views: 607

Re: Selling Dental Practice and Office Question

Thanks for the help. If in the sale I end up holding the mortgage it looks like maybe the installment sale could help spread out the capital gains.
by Vanguard Fan 1367
Wed Aug 15, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Selling Dental Practice and Office Question
Replies: 4
Views: 607

Selling Dental Practice and Office Question

Hi all, I am hoping to sell a dental practice for about 250k and a Dental Office Building for about 750k. I am thinking that maybe 400k of that would be capital gains. Are there any ways to structure a sale to not take all the hit in one year? I perhaps may rent the office rather than sell it and if...
by Vanguard Fan 1367
Sat Aug 11, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion advice for senior
Replies: 7
Views: 608

Re: Roth conversion advice for senior

It is unlikely that my remaining parent (age 78) will ever need the money in the traditional IRAs. Current income from all sources greatly exceeds living expenses. As is, RMDs are basically kept in cash. Parent has a desire to make it tax-advantageous for heirs and has stated a desire to take the t...
by Vanguard Fan 1367
Sat Aug 11, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Voo inferior to Vti?
Replies: 5
Views: 736

Re: Voo inferior to Vti?

I may be missing something. Vanguard's website says that both VOO and VTI have expense ratios of 4 basis points or .04%.

I appreciate Vanguard basically doing this for free for us investors at 4 basis points, if indeed the information I saw is correct.
by Vanguard Fan 1367
Mon Mar 19, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: CPA fees for S-corp?
Replies: 12
Views: 1311

Re: CPA fees for S-corp?

I am paying 1000 for the S Corp Return. I also pay 100 a quarter for the 941, and State Unemployment and Federal Unemployment Returns. The fee is around 250 for the w-2s and other annual employee returns. I also pay TurboTax around 100 bucks for the version that will do the corporate return, to help...
by Vanguard Fan 1367
Mon Mar 19, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: CPA fees for S-corp?
Replies: 12
Views: 1311

Re: CPA fees for S-corp?

please delete this post
by Vanguard Fan 1367
Mon Mar 12, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard now charging $10.00 wire fee
Replies: 33
Views: 4152

Re: Vanguard now charging $10.00 wire fee

It is great to look at the fees and I really appreciate the situation at Vanguard with their overall fee structure. I feel bad for my friends who feel it necessary to buy funds with loads, funds with 1 percent or higher expense ratios, funds with high tax consequences, and 1 percent or higher assets...
by Vanguard Fan 1367
Sun Jan 28, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Capital Gains Tax Question
Replies: 8
Views: 1497

Re: Capital Gains Tax Question

chabil wrote:
Sat Jan 27, 2018 8:16 pm
The capital gains can affect your MAGI income for Medicare tax.
Thanks. I will definitely have to deal with that tax.
by Vanguard Fan 1367
Sat Jan 27, 2018 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Capital Gains Tax Question
Replies: 8
Views: 1497

Capital Gains Tax Question

My wife and I are having trouble with the capital gains tax. I say that if you have 100k in Long Term Capital gains that raises your income 100K and while you may pay the appropriate capital gains tax, say 20 percent, that 100k raises your income so that it may put you into the maximum 37 percent in...
by Vanguard Fan 1367
Sat Jan 06, 2018 4:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 4525

Re: DD just got married !

Wish we could outlaw shorthand. DD is probably something daughter, DW is probably something wife, and I assume LBYM is probably either living beyond or below your means. If I am close, congrats. You must be PP. I assume dear daughter, dear wife, living below your means. I think I also saw where DD ...
by Vanguard Fan 1367
Sun Dec 24, 2017 12:30 am
Forum: Personal Finance (Not Investing)
Topic: car thread- too much money?
Replies: 85
Views: 7746

Re: car thread- too much money?

I agree with those posters who say that looking for good used cars is something to consider.
by Vanguard Fan 1367
Sat Dec 23, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone here purchased a home for cash (no mortgages)?
Replies: 39
Views: 4353

Re: Has anyone here purchased a home for cash (no mortgages)?

Hello, Wondering if anyone here has purchased a home with cash, without signing up for a mortgage. If so, what are your experiences with the decision afterwards, has it 1)increased the amount you can save each month, over the long term as well (since one is not paying the interest on mortgages)? 2)...
by Vanguard Fan 1367
Sun Dec 10, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: TSM vs High Dividend Yield if I never choose to sell?
Replies: 36
Views: 2978

Re: TSM vs High Dividend Yield if I never choose to sell?

I think that either TSM or High Dividend Yield ETF or Mutual Fund will work fine. I have owned Vanguard's High Dividend Yield ETF for several years and it has done well for me. I also own the Total Stock Market Fund. The Vanguard approach I think is far better than going to an advisor, paying the ad...
by Vanguard Fan 1367
Sat Dec 09, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 83
Views: 6562

Re: I am buying a car: Most/Least Reliable Makes?

Good point about modern cars. I have had 3 Toyotas, 1 Honda, and then several of the supposedly less dependable brands. I feel that I have gotten great service out of all of them.
by Vanguard Fan 1367
Sat Dec 09, 2017 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Help with Fidelity Mutual Funds for 401k
Replies: 9
Views: 934

Re: Help with Fidelity Mutual Funds for 401k

FSTVX also has performed greatly for my family over the last several years. I love that fund. :sharebeer
by Vanguard Fan 1367
Sat Dec 09, 2017 7:21 am
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 83
Views: 6562

Re: I am buying a car: Most/Least Reliable Makes?

I assume you are not looking for anecdotal evidence since that is not very useful. JD Powers publishes annual studies of reliability. Currently Kia and Hyundai rank highest followed by GM and BMW. Toyota is average. Honda/Acura/Lexus below average. http://www.jdpower.com/press-releases/2017-us-init...
by Vanguard Fan 1367
Sat Dec 02, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: Any other Granada (Caribbean) Lovers Here?
Replies: 5
Views: 617

Re: Any other Granada (Caribbean) Lovers Here?

I enjoyed my brief stay in Grenada. I wish you the best as you try to find someplace to live there.
by Vanguard Fan 1367
Sat Dec 02, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 120
Views: 22633

Re: Reached 4M target. Taking money off table. Advice?

One upcoming expense I might have is that my son is interested in being an entrepreneur. He is a sophomore in college so this may change. But if it does not I would like to provide him with 100K in seed money to start a company. I would just write this amount off. If he makes it great. If he doesn'...
by Vanguard Fan 1367
Wed Nov 29, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Claim S.S. and Invest it
Replies: 13
Views: 2287

Re: Claim S.S. and Invest it

I know that you get a certain percentage increase in your social security every year you wait till you get to 70. I would rather try to get by on what I can make till at least 68 and then collect the larger amount. Bogle and others don't expect the real return on maybe a 60/40 portfolio including th...
by Vanguard Fan 1367
Wed Nov 29, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: May you rebalance before the correction and...
Replies: 24
Views: 3130

Re: May you rebalance before the correction and...

I am 65 and am 70 percent equities 30 percent bonds!! Perhaps I could give some thought to re balancing!!
by Vanguard Fan 1367
Sat Oct 28, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa Card
Replies: 17
Views: 2349

Re: Fidelity Rewards Visa Card

I like the Fidelity Card. I spend enough money that the 2 percent adds up. :beer
by Vanguard Fan 1367
Fri Oct 27, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: Dental Question [Is recommended procedure legit?]
Replies: 14
Views: 2178

Re: Dental Question [Is recommended procedure legit?]

You have an interesting post. I read that the teeth are not decayed and your code is for a one surface resin composite which I would think would normally be for a decayed tooth. Is it possible that there was some sort of mis-communication? Another poster pointed out that it could be for an eroded ar...
by Vanguard Fan 1367
Fri Oct 27, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: Bogle: Vanguard's size a worry
Replies: 21
Views: 4866

Re: Bogle: Vanguard's size a worry

I hope that the Vanguard magic can continue as it gets huge. I appreciate Bogle and his wisdom and I hope the current leadership of Vanguard can continue to help investors and do that helping well. When you say the "Vanguard magic" what are you referring to exactly? Fidelity, Schwab, etc. all now h...
by Vanguard Fan 1367
Thu Oct 26, 2017 8:00 am
Forum: Investing - Theory, News & General
Topic: Bogle: Vanguard's size a worry
Replies: 21
Views: 4866

Re: Bogle: Vanguard's size a worry

I hope that the Vanguard magic can continue as it gets huge. I appreciate Bogle and his wisdom and I hope the current leadership of Vanguard can continue to help investors and do that helping well.
by Vanguard Fan 1367
Wed Oct 18, 2017 2:10 pm
Forum: Personal Consumer Issues
Topic: Anyone who started a business what made you comfortable enough to take the chance?
Replies: 25
Views: 2508

Re: Anyone who started a business what made you comfortable enough to take the chance?

I didn't start my own business. I bought a successful one. You might consider that approach. I worked for a year at the business before I took over and that helped a lot with learning how to run the business. One of the things that made me comfortable was the idea of being free from getting fired. A...
by Vanguard Fan 1367
Wed Oct 18, 2017 2:01 pm
Forum: Investing - Theory, News & General
Topic: Office wants to pay dentist as contractor (sub-s). Any issues?
Replies: 25
Views: 2007

Re: Office wants to pay dentist as contractor (sub-s). Any issues?

Hi all. I am hoping someone can point me in the right direction (or even maybe flat out answer it) on a question about working as a medical professional and being paid corp to crop. A local dental office wants to hire my dentist wife and pay her as a contractor. Apparently the owners have many offi...
by Vanguard Fan 1367
Wed Oct 18, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Florida Asset Protection Question
Replies: 4
Views: 858

Re: Florida Asset Protection Question

The key in Florida is if the property is actually located in an incorporated city or not. Fla. Stat. Ann. §§ 222.01, 222.02, Fla. Const. Art. X, § 4. says that the homestead protects 1/2 acre in a city and up to 160 acres outside of a city. The homeatead exemption https://www.assetprotectionplanner...
by Vanguard Fan 1367
Thu Oct 05, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 3854

Re: That blank stare... ?

My wife wasn't too interested in investing except for the thought that we should consult with a financial advisor. Then she spent some time and effort getting an online MBA which included an investments course. Thankfully her courses steered her in the direction of Charles Ellis, "the less the fee t...
by Vanguard Fan 1367
Tue Sep 26, 2017 11:57 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 57454

Re: Any books really change your outlook on life?

I searched the topic and didn't find this one: If You Haven't Got the Time To Do It Right, When Will You Find the Time To Do It Over? By Jeffery Mayer. The title says it all. When I was working full time and was constantly under a deadline to get one thing or another done, this thought really hit h...
by Vanguard Fan 1367
Tue Sep 26, 2017 1:04 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 57454

Re: Any books really change your outlook on life?

The Bible, How to Win Friends and Influence People, The Success System That Never Fails, The Power of Positive Thinking.
by Vanguard Fan 1367
Tue Sep 19, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Which 401k plan is better? This is for a small dental office
Replies: 34
Views: 3873

Re: Which 401k plan is better? This is for a small dental office

I have the American Dental Association endorsed AXA Equitable plan. I believe they charge 25 per person to set up the plan, 3 dollars a quarter per participant and then assets under management fees. I use their S & P 500 plan which has (I believe) a .87 percent expense ratio. Other options mostly ar...
by Vanguard Fan 1367
Mon Sep 18, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: Dental Work
Replies: 15
Views: 1685

Re: Dental Work

I wondered when I saw billboards advertising lifetime crowns locally if patients would not be happy if their "lifetime" crowns weren't covered because of some issue. I can see why you are posting on this board if you had the experience of one staff member saying the crown was covered under warranty ...
by Vanguard Fan 1367
Mon Sep 18, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 4815

Re: Worth buying an excessive house?

My wife is conservative on vacations, clothes, food, and other things. She wanted a nice house so we took the plunge. Thanks to Bogle and Vanguard, affording the home wasn't an issue. Momma seems to be happier in the nicer house, so I will go with the "happy wife, happy life." Granted some folks are...
by Vanguard Fan 1367
Wed Sep 06, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Wife believes 7+% returns from stock market are guaranteed
Replies: 64
Views: 6960

Re: Wife believes 7+% returns from stock market are guaranteed

No one knows the future. I appreciate John Bogle talking about expecting (not guaranteeing) 4 percent returns going forward. John is a big believer in low fee no load index funds. He has a hard time with funds with say a 1 percent expense ratio combined with a 1 percent assets under management fee. ...
by Vanguard Fan 1367
Tue Sep 05, 2017 10:01 am
Forum: Personal Consumer Issues
Topic: Wanting a Portable Auto GPS
Replies: 65
Views: 5283

Re: Wanting a Portable Auto GPS

Just get a current Garmin at price range $100-$150. You cannot go wrong. They come with free lifetime map updates, so no more worries about that. It is true that phones can double as car GPS, and Google Maps / Waze do work well, but I have definitely found it is more convenient to have two separate...
by Vanguard Fan 1367
Tue Aug 29, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 9828

Re: Relative angry I will not co-sign

I am sorry about your relative. I had an interesting situation, I have great credit and wanted to co-sign for my son but 2 lenders turned us down for that so I just lent him the money myself. I think you did the right thing not co-signing for something that you don't sound like you have the money to...
by Vanguard Fan 1367
Tue Aug 29, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Fear of Stock Market - Is it smart to be cautious?
Replies: 39
Views: 4240

Re: Fear of Stock Market - Is it smart to be cautious?

I like the guaranteed return of the paid off mortgage. And whatever happens to the market if you don't have a mortgage payment that helps.

So I like your option 3.
by Vanguard Fan 1367
Thu Aug 24, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Benefits
Replies: 31
Views: 3476

Re: Social Security Benefits

I agree with your "bad idea". I am considering waiting till 70 to take my Social Security because hopefully I don't need it but if something happens between now and then it would be nice to have the higher amount available (if one of those dreaded bears happens, for example.)
by Vanguard Fan 1367
Wed Aug 23, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: What to do in 401K when S&P500 Index Fund is the only decent fund?
Replies: 9
Views: 1294

Re: What to do in 401K when S&P500 Index Fund is the only decent fund?

I have had great success with the S & P 500 Fund. If you can get it for a total of what you said that is fantastic. My 401K has the 500 fund as the best option and the total fee on that is .87%. Still that 401K has done well for me for the years that I have had it. I am happy maxing out the 401K the...
by Vanguard Fan 1367
Tue Aug 22, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: 12 Things Not to Do if You Win the Lottery
Replies: 9
Views: 2374

Re: 12 Things Not to Do if You Win the Lottery

I find the stories of folks who came into a windfall fascinating. Typically they do one or more of those things and end up broke in the not too distant future.
by Vanguard Fan 1367
Tue Aug 22, 2017 9:07 am
Forum: Investing - Theory, News & General
Topic: Putting 1% AUM Fee in Perspective with SWR
Replies: 11
Views: 1722

Re: Putting 1% AUM Fee in Perspective with SWR

Aren't you preaching to the choir here? I would highly doubt many (any?) Bhs pay a 1% AUM fee. Or likely any fee, except, possibly, a flat fee for financial or estate planning. Not disagreeing with your statement, of course, but we all know high fees are verboten. If you nose around enough on even ...
by Vanguard Fan 1367
Tue Aug 22, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Putting 1% AUM Fee in Perspective with SWR
Replies: 11
Views: 1722

Re: Putting 1% AUM Fee in Perspective with SWR

1% AUM rarely even tells half the story. Add in the additional ER of the high fee funds as well as tax drag for capital gains tax for tax inefficient funds in taxable accounts. Also it isn't unusual to start out with a 3 to 5 percent load with some of these situations. That is all the most outrageo...
by Vanguard Fan 1367
Mon Aug 21, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Putting 1% AUM Fee in Perspective with SWR
Replies: 11
Views: 1722

Re: Putting 1% AUM Fee in Perspective with SWR

Nate79 wrote:
Mon Aug 21, 2017 6:26 pm
1% AUM rarely even tells half the story. Add in the additional ER of the high fee funds as well as tax drag for capital gains tax for tax inefficient funds in taxable accounts.
Also it isn't unusual to start out with a 3 to 5 percent load with some of these situations.
by Vanguard Fan 1367
Sun Aug 20, 2017 1:18 am
Forum: Investing - Help with Personal Investments
Topic: ETF index fund, anytime a good time?
Replies: 13
Views: 1529

Re: ETF index fund, anytime a good time?

If you have never invested before, going all in with stock markets at all time highs might be a mistake as you probably have a low risk tolerance. Have you considered what your asset allocation would be, based on how you would feel if the market declined 20, 40% or more? https://www.bogleheads.org/...
by Vanguard Fan 1367
Thu Aug 17, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Paying directly for damage caused to someone else's car
Replies: 17
Views: 1777

Re: Paying directly for damage caused to someone else's car

I paid someone a grand to get their car fixed when they decided that my parking lot caused the damage. I happened to have a general release on hand so I had her sign it. That has been a few years ago and all is well.
by Vanguard Fan 1367
Thu Aug 17, 2017 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which Audible book for Mom to convince her to get away from Raymond James
Replies: 19
Views: 2312

Re: Which Audible book for Mom to convince her to get away from Raymond James

I would recommend something by John Bogle. I am pretty sure you can get The Little Book of Common Sense Investing if you think she would like something little. Common Sense on Mutual Fund Investing is another great choice. For years I couldn't get excited about reading Bogle but now that I have I am...
by Vanguard Fan 1367
Thu Aug 17, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: ETF index fund, anytime a good time?
Replies: 13
Views: 1529

Re: ETF index fund, anytime a good time?

If you have never invested before, going all in with stock markets at all time highs might be a mistake as you probably have a low risk tolerance. Have you considered what your asset allocation would be, based on how you would feel if the market declined 20, 40% or more? https://www.bogleheads.org/...
by Vanguard Fan 1367
Thu Aug 17, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Other people's perception of your finances
Replies: 73
Views: 5137

Re: Other people's perception of your finances

I like to pay my fair share. When a relative invited us to an expensive on the water non-Boglehead restaurant I made a feeble offer to help with the check but my heart wasn't in it. Had the restaurant been a little more moderately priced I would have been a little more excited about helping pay.
by Vanguard Fan 1367
Thu Aug 17, 2017 8:22 am
Forum: Investing - Theory, News & General
Topic: Market timing alert !!
Replies: 30
Views: 7046

Re: Market timing alert !!

I really appreciate Bogle saying "no peeking" with your 401K statements. If the market does crash I think that is great advice, don't get your bowels in an uproar looking at 300k of paper losses or whatever. Of course you have to take that in context. If you have a situation where you have to manual...
by Vanguard Fan 1367
Wed Aug 16, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Any dentist here? Question about practice opening
Replies: 7
Views: 1542

Re: Any dentist here? Question about practice opening

Hi Guys, I am a newbie dentist who is planning to open a practice in future (hopefully in 2-3 years) My main question is about LLC and PC and all these terms. I heard about PC, S-Corporation and etc. Can anyone familiar with these terms explain the difference for me? (I did look them up in google b...