Search found 121 matches

by infotrader
Mon Jun 18, 2018 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for a 26 year old?
Replies: 15
Views: 1274

Re: Asset Allocation for a 26 year old?

I don't quite understand why they need bonds in this kind of portfolio. They don't need money for at least 30 years.
Why not 100% equity with 20% international exposure?
by infotrader
Sun Jun 17, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7500

Re: Which Supermarket are you?

infotrader wrote:
Sun Jun 17, 2018 10:14 am
Not believe in organic foods from store, but grow veggies in my backyard.
Aldi is my primary grocery store. I go to costco at lot, but don't buy perishables there.
I have to add that I shop at 99ranch market and bunch of Korean supermarkets: Greenland, Zion and Hmart. I live in socal.
by infotrader
Sun Jun 17, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 7500

Re: Which Supermarket are you?

Not believe in organic foods from store, but grow veggies in my backyard.
Aldi is my primary grocery store. I go to costco at lot, but don't buy perishables there.
by infotrader
Mon Jun 11, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: Insurance when renting car with CSR card
Replies: 6
Views: 870

Re: Insurance when renting car with CSR card

If you have no other car insurance, you have a lot of uncovered liability, for example, if you hit a person or damage other property with the car. Those types of coverage are not provided by any credit card I know about. You will need to buy liability coverage from the rental company such as Hertz ...
by infotrader
Sat Jun 09, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Insurance when renting car with CSR card
Replies: 6
Views: 870

Insurance when renting car with CSR card

If you rent a car using chase sapphire reserve points but you don't own a car (so you don't have primary insurance to cover liability), what you do with insurance? Or CSR will somehow cover it.

Any suggestions?
by infotrader
Sat Jun 09, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Gift to Son and Effect on Gift Tax
Replies: 35
Views: 3194

Re: Gift to Son and Effect on Gift Tax

I could agree more.
If life is a whole package and you can buy happiness with money (making life easier for your loved ones, thus making them, and you happy), there is no better deal than that.
by infotrader
Thu May 31, 2018 1:01 am
Forum: Investing - Theory, News & General
Topic: China and EM [Emerging Market]
Replies: 30
Views: 3343

Re: China and EM [Emerging Market]

Inside trading is the norm in China, and people basically brag about it.
by infotrader
Wed May 30, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Lump sum Vs Annuity
Replies: 9
Views: 554

Re: Lump sum Vs Annuity

I would take the lump sum now, and it is a very good deal. However, I am not sure it is a good idea to buy an annuity.
by infotrader
Wed May 30, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Gift to Son and Effect on Gift Tax
Replies: 35
Views: 3194

Re: Gift to Son and Effect on Gift Tax

Even if you said no parental advice, I still want to praise that it is a nice thing to do.
by infotrader
Sun May 27, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12446

Re: Helping Adult Children (but not too much)

There is another angle to look at this issue: how to pass our wisdom of money management to our kids. Although I have an easy job for the last 30 years, I find it a burden, since it is much easier to make money with money, and I want my money to work much harder. I have accumulated some knowledge ab...
by infotrader
Sun May 27, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12446

Re: Helping Adult Children (but not too much)

Regardless of how things were better or worse for people years ago if we focus on today -- 1. most jobs don't come with a pension - so young adults are basically on their own to save/invest/work longer etc. 2. health insurance is much more costly than it was decades ago - another challenge for them...
by infotrader
Sun May 27, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12446

Re: Helping Adult Children (but not too much)

We have been contributing to both kids' roth ira to maximum ever since they have income, and they are in mid and late 20s now. When our daughter had her first job, the employer offered roth 401k, so we asked her to max it out and we would pay for her rent. We also paid for her wedding. We paid for t...
by infotrader
Fri May 25, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: Magic Jack Go vs Obihai obi200- which one as landline replacement?
Replies: 30
Views: 3007

Re: Magic Jack Go vs Obihai obi200- which one as landline replacement?

I have been using obi for about 7 years now, and it is just like a normal landline.
I bought a 100 for 25 dollars first, and then upgraded to a 200 last year for about $35. Couldn't be happier.
by infotrader
Thu May 24, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in expensive 457 plan?
Replies: 24
Views: 1515

Re: Should I invest in expensive 457 plan?

If you have a pension coming and if you are already filling a 403b, I WOULD NOT fill an expensive 457b unless you are very very far behind in your retirement savings. If you have been saving something for retirement all along, the expensive 457 is probably unneeded. If you have almost zilch saved f...
by infotrader
Tue May 22, 2018 9:41 am
Forum: Investing - Theory, News & General
Topic: Roth IRA contributions during semi-retirement?
Replies: 14
Views: 765

Re: Roth IRA contributions during semi-retirement?

Definitely.
As long as you don't use the money right away, there is no point to leave them in taxable account.
by infotrader
Tue May 22, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Anyone using Obitalk for Google Voice?
Replies: 32
Views: 2857

Re: Anyone using Obitalk for Google Voice?

Same here.
I had obi100 for years, and it quit working, so I upgraded to obi200 6 months ago.
by infotrader
Wed May 16, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why can't you rollover a retirement account into another one that you no longer work at?
Replies: 33
Views: 1869

Re: Why can't you rollover a retirement account into another one that you no longer work at?

I think the best option is to rollover the balance of both accounts to an IRA account. You will have total control of the account, have more investment options, and it usually costs you less. There are tons of people want to move money out of active accounts, I don't see the point of moving money in...
by infotrader
Wed May 16, 2018 10:57 am
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 9912

Re: Yes, I'm 89 all right! [Jack Bogle]

Wow, surprised to see your post.
Happy birthday and look forward to your next book, Mr. Bogle!
Thank you again for your contribution to the financial life of millions of retail investors.
by infotrader
Wed May 16, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Large Personal Injury Settlement
Replies: 58
Views: 5202

Re: Large Personal Injury Settlement

Go slower. Reading your replies, you are going too fast. I would stop meeting with the advisor. Do nothing but read and learn for 6 months. Really. As you spend more time here a plan will form. Involving advisors is not in your long term best interest. Even if low fee, they will take control. $3 mi...
by infotrader
Tue May 15, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 10610

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

I started doing this the same day I learned the trick at BH last year, and I am on my to max out my after tax 401k this year. I call Fidelity after each pay period to rollover the whole balance to a rIRA. There are no tax consequences. All the contribution money showed up in my last year's W2 as aft...
by infotrader
Sun May 13, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: College laptop for fall 2018 freshman
Replies: 82
Views: 4952

Re: College laptop for fall 2018 freshman

I bought my college kid a Dell and within a few months she wanted me to buy her an Apple instead. It doesn’t matter which one is better overall. Apple is the one that is used in the academic world, and your kid will feel out of place without one. Exactly, my son bought a macbook pro with a grant in...
by infotrader
Sun May 13, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: Guidelines on ratio of Pre-tax, Roth, Post-tax Investing
Replies: 35
Views: 2129

Re: Guidelines on ratio of Pre-tax, Roth, Post-tax Investing

It all depends on your personal tax situation, and there are no guidelines.
However, for those with pensions and possible higher post-retirement income, they should be very careful about pre-tax retirement saving.
by infotrader
Sun Apr 29, 2018 3:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 42
Views: 4178

Re: Roll Call for the Retirement Class of 2019!

Annual retirement roll call always gives me inspiration and hope.
by infotrader
Sun Apr 22, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: What is a good flat rate cash back credit card?
Replies: 80
Views: 8500

Re: What is a good flat rate cash back credit card?

"fidelity visa 2% + cash management account" is the simplest approach which got everything taken care of including foreign travel
by infotrader
Wed Apr 18, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9105

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

I wonder that, given the historical return of the market and you do it correctly, is it possible to assume that you can withdraw from this portfolio permanently, I mean: having the same portfolio balance or even more after 50 years?
by infotrader
Fri Apr 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA
Replies: 10
Views: 829

Re: Roth IRA

IRA stands for "individual retirement account". Everyone has his/her own account. Yeah, that's actually not what it stands for. https://www.irs.gov/retirement-plans/individual-retirement-arrangements-iras You are absolutely right. I actually knew the standard version. I just wanted to use the commo...
by infotrader
Fri Apr 13, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: 403b Money / Tax Rate
Replies: 4
Views: 239

Re: 403b Money / Tax Rate

1. If you don't need the money and just want to get it out of her 403b, an even better method would be to do Roth conversions so that you wouldn't have to pay capital gains on its future gains. This is a common strategy in bogleheads that you can do a search for. 2. I'm not sure you have taken into...
by infotrader
Fri Apr 13, 2018 1:26 am
Forum: Investing - Help with Personal Investments
Topic: Why traditional IRA better than Roth IRA
Replies: 87
Views: 7644

Re: Why traditional IRA better than Roth IRA

when withdrawal time comes total money will be much bigger and with Roth I am not paying any tax whereas with traditional I would be. This is a common fallacy. It doesn't matter that the money will be greater when you take it out. Here's a simple exercise to prove the point. Let's compare $10,000 a...
by infotrader
Mon Apr 09, 2018 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 13669

Re: Ivy school education. Is it worth it?

If your parents make say $100-150k pa in Middle America, then you are likely to get relatively little aid at Stanford? You are not a wealthy legacy admit, nor on some super athletic or academic scholarship? So you will wind up with $200k of debt from undergrad? No need to make up numbers, there are...
by infotrader
Mon Apr 09, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 13669

Re: Ivy school education. Is it worth it?

My sibling and I are recent graduates (within the last 5 years) of two different ivy league schools. We had a tremendous set of opportunities available to us. Here are some that we took advantage of: - Learning new foreign languages and traveling to Africa & South America to use them. - 2 years of ...
by infotrader
Fri Mar 30, 2018 11:58 pm
Forum: Investing - Help with Personal Investments
Topic: Co-worker told me 401k/403b is a bad idea.
Replies: 52
Views: 6036

Re: Co-worker told me 401k/403b is a bad idea.

I am little disappointed of the direction of this conversation is heading until the last message. The whole 401k/403b is based on the fundamental assumption that you will pay less tax after retirement. Otherwise, you'd better off investing after tax: if you have the exact amount/return/tax rate of ...
by infotrader
Fri Mar 30, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Co-worker told me 401k/403b is a bad idea.
Replies: 52
Views: 6036

Re: Co-worker told me 401k/403b is a bad idea.

I am little disappointed of the direction of this conversation is heading until the last message. The whole 401k/403b is based on the fundamental assumption that you will pay less tax after retirement. Otherwise, you'd better off investing after tax: if you have the exact amount/return/tax rate of i...
by infotrader
Wed Mar 21, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA
Replies: 10
Views: 829

Re: Roth IRA

IRA stands for "individual retirement account". Everyone has his/her own account.
by infotrader
Wed Mar 21, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Do you Continue to invest even in down market??
Replies: 54
Views: 6587

Re: Do you Continue to invest even in down market??

I basically don't do much in up days, but very active and excited in down days.
by infotrader
Wed Mar 21, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Helping daughter set up an IRA
Replies: 28
Views: 1431

Re: Helping daughter set up an IRA

Fan23 wrote:
Wed Mar 21, 2018 9:50 am
Thank you, I really appreciate the help. I wasn't sure if setting up a new IRA in 2018 would be allowed for 2017.
Yes, you can, and you can easily do it online, but make sure to check 2017 as the contribution year.
by infotrader
Wed Mar 21, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Helping daughter set up an IRA
Replies: 28
Views: 1431

Re: Helping daughter set up an IRA

I understand the point about a Roth being more beneficial in the future, but she needs help reducing her taxes right now and in these lean years as she establishes herself. I remember those days when I was young and what a difference a few hundred dollars could make. Give her 5K for a RothIRA and 5...
by infotrader
Wed Mar 21, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Helping daughter set up an IRA
Replies: 28
Views: 1431

Re: Helping daughter set up an IRA

Roth works the best when people are young with low income. I have been helping my kids with Roth when they first started earning money: I contribute up to the amount earned and they keep the money they have earned. That was 10 years ago. They are still under 30, but both have Roth balance over 6 fig...
by infotrader
Wed Mar 21, 2018 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Helping daughter set up an IRA
Replies: 28
Views: 1431

Re: Helping daughter set up an IRA

Open a roth IRA for 2017 by 4/17.
She will not get a refund, but it will be a much much better deal for her in the long run given her current income.
Also, she does not need to amend her 2017 tax return.
by infotrader
Mon Nov 06, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 14484

Re: Why make more money?

Uncertainty is the issue. We don't know how long we will live. Even if there is guarantee that you can live upto 100, you are not sure about your health condition. I don't think there are many people who want to work until they collapse, and I see no point of saving for all your life for the purpose...
by infotrader
Wed Aug 30, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to include living trust as beneficiary in investment account?
Replies: 15
Views: 1002

Re: How to include living trust as beneficiary in investment account?

Thanks. I will go back and see if there is any written instruction from the attorney.
by infotrader
Wed Aug 30, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How to include living trust as beneficiary in investment account?
Replies: 15
Views: 1002

Re: How to include living trust as beneficiary in investment account?

You treat the living trust just like a person when filling out beneficiary form. How is your trust being set up? What does the lawyer recommend. In my case, I have used the living trust as primary in some cases and secondary in other cases. I set it up with a lawyer who said: trust: primary kids: s...
by infotrader
Wed Aug 30, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: How to rollover active 403b to tIRA after 59 1/2?
Replies: 2
Views: 245

How to rollover active 403b to tIRA after 59 1/2?

I am 60 this year, and I have a 403b account with Fidelity's netbenefits. This is an "active" plan with my current employer. I would like to move portion of it to a traditional IRA (and transfer to Vanguard later).

I wonder if anyone has experience with this, and tell me how to proceed.
by infotrader
Wed Aug 30, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: How to include living trust as beneficiary in investment account?
Replies: 15
Views: 1002

How to include living trust as beneficiary in investment account?

My wife and I have a living trust. When we set up it, we were told that we need to name it as the primary beneficiary for investment account. I wonder how to do it. Do I put it as the only beneficiary? What should I do with secondary one? I have a son and daughter, and we will split the funds equall...
by infotrader
Fri Aug 18, 2017 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% CC or Citi double cash card?
Replies: 60
Views: 11960

Re: Fidelity 2% CC or Citi double cash card?

I've had Fidelity 2% for years. My primary go to card. I use fidelity for investments also. i set up a cash mgt account within my fidelity accts to deposit the rewards. The are auto deposited every month, I don't do anything to make it happen. I have the same arrangement. Fidelity is the best card ...
by infotrader
Mon Aug 07, 2017 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Pimco Bond
Replies: 7
Views: 1020

Re: Pimco Bond

BHUser27 wrote:Which Pimco Total Return ticker(s) are you referring to? PTTRX, PTTAX, PTTPX, PRFAX, PMBIX, .......
Comparing to Vanguard Total Bond Index (VBMFX)?
Why do you prefer it? Historical returns? Historical risk? Expense Ratio?, Bond quality? Other?
I believe he refers to BOND, the etf
by infotrader
Tue Aug 01, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Moving recently purchased MF from Fidelity to Vanguard
Replies: 2
Views: 278

Re: Moving recently purchased MF from Fidelity to Vanguard

I bought 8k worth of PONDX in my fidelity Roth IRA account and want to transfer and merge it with the same holding in my Vanguard account. I wonder if there is any fee involved, i.e., short term sale fee, since Fidelity requires that it has to be held for 60 days, otherwise a $45 fee will be impose...
by infotrader
Tue Aug 01, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Moving recently purchased MF from Fidelity to Vanguard
Replies: 2
Views: 278

Moving recently purchased MF from Fidelity to Vanguard

I bought 8k worth of PONDX in my fidelity Roth IRA account and want to transfer and merge it with the same holding in my Vanguard account.
I wonder if there is any fee involved, i.e., short term sale fee, since Fidelity requires that it has to be held for 60 days, otherwise a $45 fee will be imposed.
by infotrader
Tue Aug 01, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: New 2018 Honda Odyssey Problem - Need Advice
Replies: 41
Views: 13222

Re: New 2018 Honda Odyssey Problem - Need Advice

The 2018 Odyssey is not really built on a "truck" platform. Its build on a shared unibody platform with the Pilot and the Ridgline.... Its been this way since... forever. All 3 vehicles share the same engine. There are suspensions differences (actually the Ridgline uses the beefier/stiffer componen...
by infotrader
Tue Aug 01, 2017 12:57 am
Forum: Personal Finance (Not Investing)
Topic: what should my parents do with $100k they just received.
Replies: 12
Views: 2033

Re: what should my parents do with $100k they just received.

I think it is a tossup to do roth or no roth given their income. I assume that they don't have roth 401k at their work, so they should try to put money as much money in their tax deferred 401k as possible. In addition, go ahead and contribute 13k (6500 each) their Roth IRA now, and they can do anoth...