Search found 512 matches

by harvestbook
Fri Dec 07, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: Debt repayment vs Investing – thoughts on psychology
Replies: 10
Views: 883

Re: Debt repayment vs Investing – thoughts on psychology

Interesting. I'm still seriously debt-averse but sometimes it has to do with where you are on your learning scale. When I ran amortizations on my mortgage, or looked at the principal/interest ratios on my monthly bills, I was horrified by "how much more" I'd be paying for the house over 30 years, ev...
by harvestbook
Thu Dec 06, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 8425
Views: 1660326

Re: U.S. stocks in freefall

The U.K stock market correction have erased all gains of the 21st century. https://www.bloomberg.com/news/articles/2018-12-06/u-k-stocks-erase-21st-century-gains-amid-worst-day-since-brexit?srnd=markets-vp "But if you take dividends into account, the picture is much more cheerful. The FTSE 100 Tota...
by harvestbook
Thu Dec 06, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advisor suggesting 90/10
Replies: 41
Views: 3034

Re: Vanguard advisor suggesting 90/10

If you like 90/10, why pay an extra .3 percent ER for the advisor? Just use a target date fund. But as pointed out, if you only put half in that, you're actually choosing a 45/55 AA. Maybe it's the "90/10" that's making you think it's too aggressive, or your perception of the market. You can get the...
by harvestbook
Thu Dec 06, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 139
Views: 11741

Re: Who else is getting excited?

I try to be agnostic since I know the market doesn't care at all about my feelings. I guess "interested" is a better term for me. Nothing's changed here, just buying as before. Although I guess it's making my pending Roth conversion a little more productive. Besides, as an investor, aside from purch...
by harvestbook
Wed Dec 05, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: The best way to invest is through benign neglect
Replies: 16
Views: 2042

Re: The best way to invest is through benign neglect

I totally missed the horror of the 2008 crash in my 401k because I literally did not know how to log in and check it. I think I got a paper statement once a year but didn't track or compare them by any means. I just kept plugging in my 6 percent even though the employer dropped the 3 percent match s...
by harvestbook
Wed Dec 05, 2018 8:10 am
Forum: Investing - Theory, News & General
Topic: Today was a good day to be diversified
Replies: 21
Views: 4276

Re: Today was a good day to be diversified

I wonder what your blended YTD return looks like, and if this diversification is indeed better than holding just VTI if you look at YTD This is close to what I actually hold: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=2&startYear=1985&firstMonth=1&endYear=2018&lastMonth=1...
by harvestbook
Tue Dec 04, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie investor, portfolio diversification... and is 100% stocks OK?
Replies: 16
Views: 562

Re: Newbie investor, portfolio diversification... and is 100% stocks OK?

Assuming a pension at age 34 seems like a pretty big leap of faith to me at this point. I wouldn't hold bonds at that age but many would. I also don't mind international. But I don't get to pick your investments. Good advice to study up. Good luck.
by harvestbook
Tue Dec 04, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Can a three fund portfolio beat a fool?
Replies: 47
Views: 2869

Re: Can a three fund portfolio beat a fool?

I would say, "That's wonderful!," assuming his daughter will inherit a portion of his estate.

There are many roads to Dublin and they all end in the graveyard.
by harvestbook
Mon Dec 03, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: Edward Jones a Review and Analysis: Can Edward Jones be Used for a Boglehead Three Fund Portfolio?
Replies: 36
Views: 3541

Re: Edward Jones a Review and Analysis: Can Edward Jones be Used for a Boglehead Three Fund Portfolio?

After getting bad "advice" from Edward Jones that would be legally actionable as fraud if there was such a thing as a fiduciary standard: no.
by harvestbook
Sat Dec 01, 2018 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Room for Roth conversion?
Replies: 12
Views: 888

Re: Room for Roth conversion?

Some of your numbers don't make 100% sense to me, so I might review them. So with a taxable income of $7,132 I get 0 (or technically less than 0 but the number cannot be negative) The $7132 is the Adjusted Gross Income if one neglects to subtract the $3956 (the deductible 1/2 of SE tax). At least, ...
by harvestbook
Sat Dec 01, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Room for Roth conversion?
Replies: 12
Views: 888

Re: Room for Roth conversion?

So what I want to know is what are you living on? I mean it looks like you have maybe 8k in discretionary income but not even that if you are also filling up the Roth? Where are you even getting enough income from to do that? Either way it's fairly impressive We had $10,000 in tax refunds, we spent...
by harvestbook
Fri Nov 30, 2018 6:27 pm
Forum: Personal Consumer Issues
Topic: Comic books
Replies: 22
Views: 1945

Re: Comic books

^^^this Part of the fun, if you enjoy them at all, is to pass them on to people who will enjoy them more than you do. That's why I don't look at selling on eBay as a "sub-minimum wage chore." I still look at it as a hobby, even though now I'm mostly just selling, and the income is tax-free hobby inc...
by harvestbook
Fri Nov 30, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Room for Roth conversion?
Replies: 12
Views: 888

Re: Room for Roth conversion?

Thnaks. We've already maxed out the rest of our IRA space with Roth, so it is $2300 tIRA and $9700 Roth. I guess I could recharacterize the $2300 but a larger conversion seems to do the same thing.
by harvestbook
Fri Nov 30, 2018 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Room for Roth conversion?
Replies: 12
Views: 888

Room for Roth conversion?

I'm roughing in our 2018 taxes and it looks like we may have some tax-free room for Roth conversions. I've run it through some tax calculators but want to make sure I'm not overlooking anything obvious. Our accountant already said he would be filing an extension due to the tax-law changes so I won't...
by harvestbook
Thu Nov 29, 2018 7:17 pm
Forum: Personal Consumer Issues
Topic: Comic books
Replies: 22
Views: 1945

Re: Comic books

A flea market is not likely to be your target audience. I've known people who basically ran a comic store out of a weekly flea market shed but it was basically a hobby. You can try comic shows and conventions to reach the audience, but then you are competing with people who have tons and tons of pro...
by harvestbook
Thu Nov 29, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Comic books
Replies: 22
Views: 1945

Re: Comic books

I've been selling out some comics on ebay lately. Mostly Bronze Age and up. I was a dealer a bit back in the 1990s when my main gig was sports cards, owned a shop for several years during the death knell. A few key issues will bring value but many ordinary ones won't even bring original cover price....
by harvestbook
Tue Nov 27, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: 401k/taxable dilemma
Replies: 27
Views: 2224

Re: 401k/taxable dilemma

My understanding is if the S-Corp pays health insurance and HSAs, those are included in box 1 compensation and eligible for a 25 percent employer match, but it's hard to see how that adds $19K of space. If over 55, you get the $6,000 catchup contribution and an additional $1,500 employee match, so m...
by harvestbook
Mon Nov 26, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 636
Views: 43703

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Has anyone attempted a transfer from HealthSavings Administrators yet? If so, were there any snags in the process? I am 100% in Vanguard Total Stock Mkt Admiral and their fees add up to about 50 bp per year. If possible I would prefer not to liquidate the holding before transferring. I am. Will be ...
by harvestbook
Mon Nov 26, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 191
Views: 25059

Re: Bitcoin in Freefall

Bitcoin Reddit is a fascinating insight into human psychology
by harvestbook
Mon Nov 26, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October after
Replies: 58
Views: 5304

Re: Fidelity’s zero-fee campaign spurs $6.6bn of inflows Boston manager outsells Vanguard by more than 40% in October a

Fine with me. I'd just as soon Vanguard not grow too large and they now have some time to attend to customer service. We were going to use Fido for our new 401ks. Vanguard adding admiral shares to 401k is enough to keep mine there because of electronic contributions, simplicity (most of our funds ar...
by harvestbook
Sun Nov 25, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 119
Views: 7015

Re: What is your allocation to U.S. and International?

Last I broke it down, it's 90/10 overall. Stocks; US 55/Intl 45 Bonds: US 90/ Intl 10 (the 10 comes from the portions in target date and Lifestrategy funds). As I roll over and adjust my 401k's in light of Vanguard's admiral-shares change, I'll probably just go 60/30/10 and have no international bon...
by harvestbook
Sun Nov 25, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: I'm so CHEAP! Don't think it is healthy.
Replies: 36
Views: 6826

Re: I'm so CHEAP! Don't think it is healthy.

I use a pretty simple formula: will the THING I am buying give me as much pleasure/satisfaction as saving? I do without cable but use Netflix and Amazon Prime for about $22ish a month. I use a prepaid Tracfone that costs me about $60 a year instead of a phone with a plan. I very rarely eat out. I ju...
by harvestbook
Thu Nov 22, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4341

Re: "Investing" conversations at work

The thing is, he might be right, and all your well-reasoned logic be wrong.

I wouldn't take his bet, but I don't mind if he does. Maybe in 10 years he'll change his mind and be buying higher-priced stocks from me.
by harvestbook
Tue Nov 20, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: I was 30% into US stocks.. Down 5.5% YTD. Should I now get back in ?
Replies: 14
Views: 1945

Re: I was 30% into US stocks.. Down 5.5% YTD. Should I now get back in ?

If it's "always been like that," why bother to change now? Nothing really new has happened that hasn't been happening once or twice a year for the most part.
by harvestbook
Mon Nov 19, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 224
Views: 17092

Vanguard lowering Admiral level to $3,000?

[Thread merged into here, see below (Page 4). --LadyGeek] I logged in this morning to buy in my Vanguard IRA and it flagged my Total Bond fund (which has just over $3,000) as eligible for admiral shares. I tried to convert and the message said 40 Vanguard funds would now have Admiral levels of $3,0...
by harvestbook
Sun Nov 18, 2018 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Is it 'Market Timing' (i.e., Bad) to Have an Investment Plan Where You Increase Stock Allocation if Market Declines?
Replies: 25
Views: 2532

Re: Is it 'Market Timing' (i.e., Bad) to Have an Investment Plan Where You Increase Stock Allocation if Market Declines?

Why not just go 90/10 and split the difference? I had very few bonds until I started hanging out here, then I added a chunk in what turned out to be a relatively bad time (when interest rates were at the lows). I was kind of spooked into it by people with a more conservative bent, but I also acknowl...
by harvestbook
Sun Nov 18, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Small Value tilt Q
Replies: 23
Views: 1105

Re: Small Value tilt Q

rgs92 wrote:
Sun Nov 18, 2018 2:34 am
I would not do this. You may easily add volatility.
That's the entire point. We (presumably) make money on volatility.
by harvestbook
Sun Nov 18, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: solo 401k worth it, if I can only put $3200 a year in it?
Replies: 18
Views: 1178

Re: solo 401k worth it, if I can only put $3200 a year in it?

Doesn't the employer side also save you 15.3 percent in SE taxes, so roughly another $100 invested tax-free?

I opened a s401k myself through Vanguard and it took all of maybe half an hour, an hour at the most. Seems like a pretty good return on your time.
by harvestbook
Sat Nov 17, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocations - target date fund plus bonds?
Replies: 11
Views: 564

Re: 401(k) allocations - target date fund plus bonds?

If you want simplicity, go with Target Date fund with your preferred bond ratio.
If you want savings, do your own three-fund portfolio.
by harvestbook
Thu Nov 15, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Another me+spouse HSA question
Replies: 4
Views: 314

Re: Another me+spouse HSA question

The HSA catchup contribution starts at age 55, not 50.

You can always open an HSA for yourself and put the extra $1,000 in.
by harvestbook
Thu Nov 15, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI, dependent, and subsidies questions
Replies: 17
Views: 1102

Re: ACA MAGI, dependent, and subsidies questions

We recently did our first ACA for 2019 through our insurance agent, and I recall the question being if the older-than-18 person is not your dependent, does the person live with you more than half the year? My daughter will be 19 next year and is a dependent on her mom's (my ex's) taxes so I couldn't...
by harvestbook
Wed Nov 14, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Flood Insurance- When is it necessary?
Replies: 15
Views: 1293

Re: Flood Insurance- When is it necessary?

I have a modest second home on the NC intercoastal waterway, about ten feet above sea level. Florence got in the yard recently. Irene, in 2011, was very similar in that area and water touched the foundation. I cancelled my flood insurance a couple of years ago when the cost doubled. To me, the cost ...
by harvestbook
Wed Nov 14, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7206

Re: Are you all staying the course?

Considering we just went through this in February...

Still buying, still 90/10. Nothing has changed in the real world.
by harvestbook
Mon Nov 12, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 16
Views: 1789

Re: At what point does a life insurance policy not make sense?

We don't have life insurance because we have no debt, reasonable investments, college funded, passive income streams, and neither wife, my child, or I would have their lives materially affected by a loss.
by harvestbook
Mon Nov 12, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Roth Investment Theory
Replies: 45
Views: 3745

Re: Roth Investment Theory

My philosophy is follow the strategy you will actually follow.
by harvestbook
Sun Nov 11, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: ACA subsidies and single LLC
Replies: 27
Views: 2224

Re: ACA subsidies and single LLC

Finally, an S-Corp limits a one-participant 401k employer contributions to 25% of a shareholder-employee's W-2 wages. This reduces the available tax deferral increasing income taxes and thus in the case of the OP increases the AGI/ACA MAGI. Isn't the 25 percent employer contribution based on W-2 Bo...
by harvestbook
Thu Nov 08, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4794

Re: Do you prefer etfs or mutual funds?

I remember when I was young and in a hurry!
by harvestbook
Wed Oct 31, 2018 7:17 pm
Forum: Investing - Theory, News & General
Topic: Is Small Value Still A Winner?
Replies: 96
Views: 7046

Re: Is Small Value Still A Winner?

So we just keep moving endpoints around until we prove that we're "right"? Cool. I keep hearing investing is simple, and now I see why.
by harvestbook
Sun Oct 28, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9346

Re: Girlfriend's Student Loans

If she is a great wife, $100K investment on your part is an awesome deal. I don't agree with the suggestions that you have to build and hide your own premarital nest egg "just in case"-- if you're thinking like that, you are probably not the kind of partner she needs (or anyone, for that matter.) Wh...
by harvestbook
Sun Oct 28, 2018 10:31 am
Forum: Investing - Theory, News & General
Topic: Why I'm 100% stocks
Replies: 149
Views: 17383

Re: Why I'm 100% stocks

Yeah, I like 90/10, too. I'm gliding to 80/20 for the 10 years bracketing retirement date and then see where things are, but will probably go back to 90/10 again. So far I've never had a "Wish I had more bonds" feeling that lasted longer than a few hours.
by harvestbook
Sat Oct 27, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing MAGI to qualify for ACA Premium Tax Credit
Replies: 12
Views: 1394

Re: Reducing MAGI to qualify for ACA Premium Tax Credit

I don't see why the justification matters, as long as all your reported numbers are accurate. I'm doing the same thing next year, predicting a moderate income (we're both self-employed with fluctuating incomes that are difficult to predict.) I don't see much wisdom in paying $24,000 in premiums and ...
by harvestbook
Thu Oct 25, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Is emerging markets investable?
Replies: 51
Views: 2976

Re: Is emerging markets investable?

Are you the only one who knows that the Chinese stock market is "rigged"? I guess not, since every "Beware China" article I read has some version of this opinion/statement/fact, and so I assume it is priced in by a market that knows almost everything and what the market doesn't know isn't enough to ...
by harvestbook
Thu Oct 25, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: For those waiting for a 'correction' ...
Replies: 88
Views: 12428

Re: For those waiting for a 'correction' ...

I'm currently getting a discount on the future dividends and earnings of all the world's companies. This is fine. Actually, the longer it goes on, the less I care.
by harvestbook
Wed Oct 24, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why International Diversification Works
Replies: 119
Views: 9512

Re: Larry Swedroe: Why International Diversification Works

Buy the haystack! (Unless of course, some bits of straw fall on the other side of some arbitrary, ephemeral line).
by harvestbook
Tue Oct 23, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7729

Re: For those who paid off house - how did you do it?

I bought my house solo in 2004 (after a divorce where I "lost" a house). Even though I had a low income, I always paid extra every month, usually just rounding up to the next hundred or adding an extra hundred. I refinanced at some point to a 15-year in the mid 3-percent range. I started a business ...
by harvestbook
Mon Oct 22, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Playing with FIRE(Financial Independence) documentary trailer.
Replies: 35
Views: 5456

Re: Playing with FIRE(Financial Independence) documentary trailer.

OP, There is no fighting chance for them to FIRE and live a normal life at the same time. KlangFool What exactly is "normal"? Like, Bogleheads normal, or are you talking the normal American consumption lifestyle of someone making three times the median household income? Normal to me where I live is...
by harvestbook
Mon Oct 22, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't Fridays be higher than average due to 401k contributions?
Replies: 44
Views: 3239

Re: Shouldn't Fridays be higher than average due to 401k contributions?

15 million people are self-employed and may or may not be on a regular contribution schedule. We currently do payroll quarterly. Next year we're ditching payroll and doing "pay as you earn it."
by harvestbook
Thu Oct 18, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Help with college age sons Roth IRA options...
Replies: 36
Views: 1968

Re: Help with college age sons Roth IRA options...

I started my college-aged daughter's Roth with Target Date 2060, minimum of $1,000. When it got large enough to meet fund minimums, I split it into Total Stock Market and Emerging Markets. Yeah that looks dumb now but I'll let it stick there. I should've just gone Total Stock and Total International...
by harvestbook
Thu Oct 18, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 344
Views: 50652

Re: New HSA provider Lively offers investments for $30/yr fee

Personal experience here regarding something mentioned above about withdrawing from Lively. I opened an account with them last year after leaving megacorp. I started a small business and wanted to roll over and fund an HSA. My plan with HSA was not to use the money and use it to extend my pre-tax s...
by harvestbook
Thu Oct 18, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Forever Stamps as an Investment?
Replies: 32
Views: 3751

Re: Forever Stamps as an Investment?

I have a ton of sports cards and comic books in the attic I am selling on the "kid in college" plan, which were supposed to "grow in value." What really happened is that far fewer people want them, eBay proved the ridiculously absurd overproduction, and most of it won't even fetch the original price...