Search found 22 matches

by msr999
Sun Jun 24, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Hidden Index Bubble - I'd love to hear some thoughts!
Replies: 27
Views: 2795

Re: Hidden Index Bubble - I'd love to hear some thoughts!

Investing in cap-weighted total-market index funds really is different from every other strategy. It is the only strategy in which investors, by investing in the fund, do not alter the composition of the remaining assets available for purchase by other investors . It is the only strategy which does...
by msr999
Sun Jun 24, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Anti Indexing investment
Replies: 15
Views: 1746

Re: Anti Indexing investment

"Indexing" doesn't mean the S&P 500. In this forum, we mostly talk about the Vanguard Total Stock Market Index Fund, VTSMX/VTSAX/VTI. However, I don't know the actual numbers but probably most of the money invested in index funds is invested in S&P 500 index funds. The diametrically opposed investm...
by msr999
Sun Jun 24, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Anti Indexing investment
Replies: 15
Views: 1746

Re: Anti Indexing investment

Say you are interested investing in companies that have smaller pie in index funds (say bottom half of SP500 or total index etc...). Other approach may be equal weighted funds or invest in companies that are not well represented in more popular funds. What options are available and how would one go...
by msr999
Sun Jun 24, 2018 10:51 am
Forum: Investing - Theory, News & General
Topic: Anti Indexing investment
Replies: 15
Views: 1746

Anti Indexing investment

Say you are interested investing in companies that have smaller pie in index funds (say bottom half of SP500 or total index etc...). Other approach may be equal weighted funds or invest in companies that are not well represented in more popular funds. What options are available and how would one go ...
by msr999
Fri Jun 08, 2018 6:32 pm
Forum: Personal Investments
Topic: Overfunding 529
Replies: 25
Views: 2781

Re: Overfunding 529

- if you are in a very high tax bracket now, and will be in a lower tax bracket later, the penalty plus taxation of earnings may not be worse than a taxable account. Admittedly it is hard to think of many situations where the numbers work out well. This is an interesting point that I never consider...
by msr999
Wed Mar 07, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: 529 as tax-free savings account for private school
Replies: 36
Views: 2803

Re: 529 as tax-free savings account for private school

Eligible members of a 529 beneficiary's family, who can be named as a new beneficiary without tax consequences: 1. Son, daughter, stepchild, foster child, adopted child, or a descendant of any of them. 2. Brother, sister, stepbrother, or stepsister. 3. Father or mother or ancestor of either. 4. Ste...
by msr999
Wed Mar 07, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: 529 as tax-free savings account for private school
Replies: 36
Views: 2803

Re: 529 as tax-free savings account for private school

Yes, unless it's a custodial account, the beneficiary can be changed. But that's not what nepats was asking about. The only restriction on changing the beneficiary that I am aware of, to avoid an income tax consequence, is that the new beneficiary must be an eligible member of the old beneficiary's...
by msr999
Tue Feb 06, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 9513

Re: "Bitcoin is my potential pension"

Bitcoin is all the rage but some people don't seem to understand it despite their investment. There are bitcoin machines (like ATMs) in NYC and the convenience store owner when asked about it couldn't explain. It seems he is just being paid to have the machine in the store. A couple of people did c...
by msr999
Tue May 02, 2017 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for minor
Replies: 29
Views: 2259

Re: Roth IRA for minor

How old is old enough? Can I pay my 8 year old for cutting the grass? Is 9 old enough? 10? I want to start teaching my kids the value of investing and compounding. I think the best way is to put some in their own account that they can see grow. What will you do if they don't want to invest their ea...
by msr999
Tue May 02, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for minor
Replies: 29
Views: 2259

Re: Roth IRA for minor

The IRS is not particularly focused on this area. The key is; are your children receiving compensation for tasks that justify that payment. Somethings are clear and the rest is like many issues in the tax code, very gray. Allowances are clearly not compensation. Generally it is believed that can no...
by msr999
Tue Apr 18, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: Personal Assistants: Amazon Echo or Google Home?
Replies: 7
Views: 1108

Re: Personal Assistants: Amazon Echo or Google Home?

I have both and I like echo better. More apps, better integration with other devices. I use Google now primarily for translating to Spanish and google music.
by msr999
Thu Apr 06, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Buying expensive car, how to keep payments low?
Replies: 149
Views: 12953

Re: Buying expensive car, how to keep payments low?

I never bought a "luxury" car until a couple years before I retired, then splurged on an Acura for me and a BMW for my wife. I did buy new cars, but always made a large down payment, kept them for many years, and usually payed them off early. Because of excellent credit, the loans were usually very...
by msr999
Sat Mar 11, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: TV and/or Speakers for Enhanced Voice Clarity [UPDATE]
Replies: 35
Views: 5963

Re: TV and/or Speakers for Enhanced Voice Clarity [UPDATE]

I have Zvox 580. It has Dialog Enhance feature which works decently. Its a bit on the expensive side (mine was about $500). They probably have newer models. Try to see if you can get a demo in local stores
by msr999
Sat Mar 11, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: cost of Solar Power
Replies: 99
Views: 10843

Re: cost of Solar Power

Anyone familiar with solarcity? They claim that their complete solar roof will cost just as much as a regular roof. Its time to replace my roof and I am waiting for them to go full production. I called them last year and they are only working on southern ca (i live in MD) and it will be a year befor...
by msr999
Fri Mar 10, 2017 7:57 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Re: Options for my cash

Invest it all. That is certainly an option for OP, but consider what that does to the AA. I consider the mortgage a negative bond, so an AA of 110/-10 is possible. I ignore the home value, but you could also add that to the equity side if you wanted. Long term real estate appreciation might be esti...
by msr999
Fri Mar 10, 2017 7:54 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Re: Options for my cash

VaR wrote:Are you adequately diversified in international equities?
Unfortunately no. I have too many accounts and not diversified well at all. That is also something I am working on. I am planning to follow 3 or may be the 4 fund portfolio.
by msr999
Fri Mar 10, 2017 5:38 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Re: Options for my cash

That is very detailed. Thank you Kevin. Luke, we save more than 36K now. We only reached to 500K past year and only expect to stay there for couple more years. Prior to that income was steady around ~220K for the past 8 years. As I said, we were bad investing. We do expect to save about 15%. I am le...
by msr999
Fri Mar 10, 2017 1:02 pm
Forum: Personal Investments
Topic: Portfolio Tracking Tools
Replies: 41
Views: 7121

Re: Portfolio Tracking Tools

I use Personalcapital as well. However, it does not (as far as I can tell) track individual stock holdings, so it might not work for your purposes. Then again, I would discourage you from picking individual stocks. (Personalcapital does track individual mutual fund accounts for one of my brokers, b...
by msr999
Fri Mar 10, 2017 12:56 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Re: Options for my cash

I was leaning towards paying down the mortgage but after reading the replies, I don't see how it makes any sense (Consider tax benefits and treasury yield and my apr at 3.5%). I am surprised, so many other more informed bogleheads, actually think mortgage route is not a bad option. Just want to make...
by msr999
Thu Mar 09, 2017 8:19 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Re: Options for my cash

Its 30 year mortgage. Net worth is $200K cash + $170K in home equity + $220K in retirement funds. We also have another 100K in 529 plans which I am not including in my net worth. Guilty of not starting on savings early. Started just a few years go. Hoping still enough time to catch up. Don't know an...
by msr999
Thu Mar 09, 2017 6:03 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Re: Options for my cash

Thank you all for replying. We are in the max tax bracket. I am not sure paying towards mortgage is really 3.5%, considering the tax benefits. Will have to crunch the numbers. But right now, we are leaning towards CantPassAgain suggestion of paying 1/2 towards mortgage and put the rest in high inter...
by msr999
Thu Mar 09, 2017 3:39 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3760

Options for my cash

I am 41. Wife 35. Stable jobs. Net worth ~$600K. Make $500K annually (Special circumstances as company was acquired. We expect it to go down to $350K in a couple of years). 2 kids. We both max out out 401K and 403b respectively. Split 95% stocks and 5% bonds. We are also investing in 529 plan. We ha...