Search found 163 matches

by FootballFan5548
Tue Nov 06, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Vanguard Intermediate Tax Exempt and Wash Sale
Replies: 3
Views: 249

Question on Vanguard Intermediate Tax Exempt and Wash Sale

I currently hold roughly $50k of VWITX (Vanguard Intermediate Tax Exempt Investor Shares) in my Merrill Edge account. I have a $1500 loss on it, mostly long term, some short term. I also have a Vanguard Brokerage account where I hold only Vanguard Mutual Funds (with this one exception at ML). I'd li...
by FootballFan5548
Tue Oct 30, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: 401k down 8% this month
Replies: 58
Views: 6815

Re: 401k down 8% this month

I chose this year to really front load my 401k and max it early. So I had $18.5K (plus 6% company match) full funded by August... I wish I had spread it out over the course of the full year like I ordinarily would have done in years past so I could still get some buys in the next two months at lower...
by FootballFan5548
Fri Oct 26, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Working in NYC: Live in NY or NJ for tax optimization?
Replies: 25
Views: 1787

Re: Working in NYC: Live in NY or NJ for tax optimization?

I work in downtown NYC. I lived in Hoboken, NJ for about 11 years and now live in the NJ suburbs.

What's been said about filing both NY and NJ taxes is correct. NY income tax since income is generated from NY job.
by FootballFan5548
Wed Oct 24, 2018 1:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7814
Views: 1605782

Re: U.S. stocks in freefall

Tax loss harvesting "DIA" (SPDR Dow ETF) to buy "SPY" (SPDR S&P 500 ETF) should not trigger a wash sale right?

They track two different indexes, so I believe I should be safe?
by FootballFan5548
Tue Oct 23, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7689

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

I'm a bit weird with round numbers and chose your option #3. Basically I have fixed amounts going into 401k, 529's, taxable VTSAX, etc every month. The same amount, every month leaves my MM account and buys into these accounts. I also overpay my monthly mortgage by about $180 (using round numbers, m...
by FootballFan5548
Fri Oct 12, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Key West Hotels
Replies: 27
Views: 1870

Re: Key West Hotels

Not sure your budget, but the Westin right next to Mallory Square was fantastic. Not near the beach, next to a marina, so more pool then beach but a real nice property
by FootballFan5548
Thu Oct 11, 2018 1:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7814
Views: 1605782

Re: U.S. stocks in freefall

Grover wrote:
Thu Oct 11, 2018 1:46 pm
Getting ugly

Yup... just last week I was $4,000 measly dollars away from joining the 2 comma club for the first time. I’d been tracking it closely to see if I’d hit that milestone.
Now I feel much farther away.... bummer
by FootballFan5548
Wed Oct 10, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 RBD?
Replies: 28
Views: 2129

Re: S&P 500 RBD?

I saw SPY as low as 3.56% down... it looks to have closed in the 3.2% down range.

I bought some, figured why not
by FootballFan5548
Tue Oct 02, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5675

Re: Root of Good's cost of raising a child: $3,300 per year

This is bogus. I have 2 kids. My 3.5 year old's 3 day per week pre-school costs $3,400 per year. This is purely pre-school, not to mention clothes, food, toys, dance classes, etc. etc. etc.
I would put the number closer to 15k than 3k.
by FootballFan5548
Fri Sep 28, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: Invisalign and Dentist pricing
Replies: 19
Views: 2488

Re: Invisalign and Dentist pricing

I’m currently on my week 2 for Smile Direct Club for $1850. I actually saw invisialign on groupon for $3000 but there was an additional $600 for the retainer and another $300 for can't remember what. I chose SDC because it was right Nextdoor to my work and much cheaper for the similar service. Neve...
by FootballFan5548
Fri Sep 21, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: SPY + VB = VTI ?
Replies: 5
Views: 316

SPY + VB = VTI ?

I have pretty significant long term gains in both SPY and VB which I've held for many years. I'm trying to simplify into a 3fund portfolio and don't necessarily want to sell and take the tax hit. Could I use a combination of SPY (ishares S&P 500) and VB (Vanguard Small Cap) to capture the same dynam...
by FootballFan5548
Wed Sep 19, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: Attic Insulation Removal/Replacement Costs
Replies: 16
Views: 1332

Re: Attic Insulation Removal/Replacement Costs

You at going to love the difference in feel of the home. Did it last year and feels like a brand new house and heating costs are down. I just did this last fall. We had our entire attic air sealed, including a special hatch cover which aids in insulation, and then blown in insulation. It really hel...
by FootballFan5548
Mon Sep 10, 2018 7:42 am
Forum: Investing - Theory, News & General
Topic: Question: Alternatives to Berkshire
Replies: 15
Views: 1499

Re: Question: Alternatives to Berkshire

james22 wrote:
Sun Sep 09, 2018 12:04 pm
MKL, FRFHF, WTM, L, Y, TPRE, GLRE.

BAM (in a way) too.
I own FRFHF. Prem Watsa, CEO, has been called the Warren Buffet of Canada. He does pay a once annual dividend in January.
by FootballFan5548
Tue Aug 28, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12111

Re: How do you 7 figure guys organize multiple accounts?

I use Personal Capital to aggregate all of my "stuff". Maybe I'm too trusting, but I'm confident nothing will get hacked. I have 2 bank accounts, BOA/Cap One. I have 2 credit cards BOA/Chase. I have a mortgage at Chase. I have 1 401k, 2 investment accounts (vanguard/Merrill edge), 2 IRA's (his/hers)...
by FootballFan5548
Fri Aug 17, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds or No Bonds
Replies: 7
Views: 801

Re: Bonds or No Bonds

Is there any harm in holding bonds as a 2nd tier emergency fund? I've currently got 6 months emergency fund in CapOne MM getting 1.75% interest fully taxable. Could it make sense to reduce the cash emergency fund to 3 months, and take the extra 3 months and plug it into VWITX (vanguard intermediate ...
by FootballFan5548
Fri Aug 17, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Young family: Capital Allocation Question, Home vs. Investments
Replies: 5
Views: 515

Re: Young family: Capital Allocation Question, Home vs. Investments

OP - I'm also 34 and have a young family (3 year old / 1 year old). About 18 months ago we sold our Hoboken, NJ condo for $733k (after purchasing for $500k 5 years prior) and bought a house in the NJ Suburbs for roughly $1M. I wrestled with this same decision you're talking about... do I put all/mos...
by FootballFan5548
Wed Aug 15, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify - 18 holdings all less than 1% of total portfolio
Replies: 11
Views: 785

Re: Trying to simplify - 18 holdings all less than 1% of total portfolio

I want to add on to what others said about your charitable budget and donating appreciated stock. Here's how it works in practice: Let's say you normally give $5,000 a year in charitable gifts to two organizations for $2,500K a piece. -This year, don't give those orgs the cash you've budgeted. Take...
by FootballFan5548
Wed Aug 15, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify - 18 holdings all less than 1% of total portfolio
Replies: 11
Views: 785

Re: Trying to simplify - 18 holdings all less than 1% of total portfolio

Thanks for the replies so far... In total I have 37 individual holdings. It was as high as 50 at one point! I'm trying to reduce the entire number down in a strategic cost effective way.
by FootballFan5548
Wed Aug 15, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to simplify - 18 holdings all less than 1% of total portfolio
Replies: 11
Views: 785

Trying to simplify - 18 holdings all less than 1% of total portfolio

Since finding this forum 18 months ago I've been trying to simplify and streamline how and where I invest. All new money goes strictly into index funds and for instance I've built VTSAX up from nothing 18 months ago to $70k today. That said, due to my history of investing before this site I still ha...
by FootballFan5548
Wed Aug 15, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7814
Views: 1605782

Re: U.S. stocks in freefall

Too bad. I was thinking to do a large rebalance into bonds today to build my bond tent. Looks like I have to do it tomorrow. I was planning on the same thing. I had meant to put an order in yesterday to move $20k of S&P to Bonds to rebalance..... I didn't do that and now I think I'll wait a few days.
by FootballFan5548
Thu Aug 09, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Anyone familiar with attic fans?
Replies: 32
Views: 2163

Re: Anyone familiar with attic fans?

My attic fan runs often. My ventilation is a constant issue/concern in my attic and I've seen traces of mold up there from back when the attic fan wasn't working. The humidty in the attic is an issue, more so in the winter than the summer. Despite insulation and air sealing, the warm air from the li...
by FootballFan5548
Wed Aug 08, 2018 1:00 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 58177

Re: Post your Financial Milestone Announcements Here

Just this morning I surpassed $900k in investment assets (not including emergency fund or home equity). I'm 34 and wife is SAHM to 2 kids. $900k might not be a huge deal but it's the last "round number" to the 2 comma club of investment assets so I'm pretty pumped. I couldn't tell anyone else about...
by FootballFan5548
Wed Aug 08, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Career Transition after Military
Replies: 13
Views: 1247

Re: Career Transition after Military

To OP, thank you for your service. I work for a commercial insurance company, (property/casualty, not life/health) insuring large corporations and businesses. We hire a fair amount of military members and 3 people on my direct team of 10 are former military, all out within the past 4 years. My BA wa...
by FootballFan5548
Wed Aug 08, 2018 11:03 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 58177

Re: Post your Financial Milestone Announcements Here

Just this morning I surpassed $900k in investment assets (not including emergency fund or home equity). I'm 34 and wife is SAHM to 2 kids. $900k might not be a huge deal but it's the last "round number" to the 2 comma club of investment assets so I'm pretty pumped. I couldn't tell anyone else about ...
by FootballFan5548
Wed Jul 25, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Cablevisions Bill
Replies: 31
Views: 1481

Re: Cablevisions Bill

My Comcast Bill is $270 per month. We have 4 boxes, internet and cable. We end up watching Netflix most of the time, but I love live sports and the Mets(yuck) on SNY. I also enjoy the BigTen Network and some others. I've been seriously considering cutting the cord but am so bad with technology I fee...
by FootballFan5548
Tue Jul 24, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 92
Views: 7388

Re: Families - What's your total annual credit card spend?

Mid 30's, Family of 4, 2 young kids. HCOL area, NJ/ NYC Suburbs.

Our total spend is roughly $140k, which includes $60k for mortgage/prop taxes.

We spend the rest, or roughly $80k on credit cards.
by FootballFan5548
Fri Jul 20, 2018 7:56 am
Forum: Personal Consumer Issues
Topic: JFK Traverlers: How to go from NJ to JFK and the opposite?
Replies: 48
Views: 2481

Re: JFK Traverlers: How to go from NJ to JFK and the opposite?

Where in NJ? I live in coastal Monmouth county and JFK is a pain compared to EWR but not horrible if you go through Staten Island and Brooklyn. I’ve done it before and it’s certainly better than LGA for me. Local car service should be able to give you a quote if you call. Shop around 2 or 3 and take...
by FootballFan5548
Mon Jul 16, 2018 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge Taxable Account and Tax Loss Harvesting
Replies: 3
Views: 332

Re: Merrill Edge Taxable Account and Tax Loss Harvesting

For etfs and stocks I’m able to do it. For mutual funds not. It’s bizarre.
by FootballFan5548
Fri Jul 13, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Acceptable Returns YTD - Question
Replies: 2
Views: 292

Acceptable Returns YTD - Question

I see often people on this board don't want to beat the market, they're happy and content tracking or matching the market returns. I can live with this approach, buy more indexes, track the market and hopefully return 5%+ real per year. My question is which market exactly are you trying to match? I ...
by FootballFan5548
Mon Jul 09, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 14407

Re: What are your property taxes?

In NJ (Monmouth County), my taxes are ~$10,000/yr. I was recently hit with a $2,000 increase in 2017. In NJ, there is a law on the books that the "rate" can only increased no more than 2% annually without special approval by the state. However, in my area they actually re-accessed the land and stru...
by FootballFan5548
Wed Jun 27, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets in Bear Territory
Replies: 65
Views: 9169

Re: Emerging Markets in Bear Territory

I feel like I've been catching a falling knife with VWO. I've been throwing money at it to keep my EM % of International in line. The last couple of weeks every time it's down 1-2% I throw a few hundred bucks at it, and it keeps on sliding down 1-2% regularly. Bummer.
by FootballFan5548
Tue Jun 26, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22379

Re: Did you celebrate when you finally hit $1m?

We have been stuck between the $940k and $960k mark for seemingly 6 months. We continue to save and invest, but the last 6 months of market flattening has stalled our run to $1M. I'm not including home equity, which if you include has us up over $1.225M. For just investments and cash, at present I'm...
by FootballFan5548
Thu Jun 21, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 60
Views: 10392

Re: Merrill Edge best choice for higher net worth accounts?

I transferred my brokerage account from Cap One Investing to Merrill Edge. I bank with BOA and enjoyed the booster benefit on my cash back credit card now that I have significant assets under the ME/BOA umbrella. I believe I get a .75% boost on my cash back with my BOA credit card. ME gave me a $600...
by FootballFan5548
Thu Jun 21, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5486

Re: How much of your taxable holdings is unrealized capital gains?

I'm 34, fairly new to tracking all of this data.

I've got roughly $500k invested in taxable, and roughly 12% of that (59k) is unrealized cap gains. I have recently sold off individual stocks and some other random ETF's in an effort to simplify. Some of those were sold at decent gains.
by FootballFan5548
Wed Jun 20, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 13
Views: 991

Re: Target Date Fund in Taxable / Large Unrealized Gain Question

Thanks everyone for the replies. One more question I had, and one of the main drivers for this, is the dividend and capital gains. Aren't they taxes as ordinary income because of the bonds that are held? I don't fully understand that aspect of a target date fund, but I remember reading that overall ...
by FootballFan5548
Wed Jun 20, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund in Taxable / Large Unrealized Gain Question
Replies: 13
Views: 991

Target Date Fund in Taxable / Large Unrealized Gain Question

I found this forum a little over a year ago and it has been a tremendous help in getting my financial affairs in order. I can't thank all of you enough, and I don't think a day (or a few days) go by without me checking in for a few minutes. Current income in NJ is roughly $275k, so not sure exact ta...
by FootballFan5548
Wed May 30, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 18975

Re: Buy on Really Bad Days, Sell on Really Good Days?

I would love to automate investing on really bad days. Just buy 1k VTIAX when stock market is down 1%. Buy 2k VTIAX when stock market is down 2%. has anyone found anything like this? I do something like this... and actually did exactly that ($1k into VTIAX) yesterday. Basically I have a larger than...
by FootballFan5548
Tue May 29, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a monthly household budget?
Replies: 63
Views: 4592

Re: Do you have a monthly household budget?

Random question, but when you calculate your savings, would you include the company 401k match? For instance my company matches 6% of my salary+bonus for 401k. It works out to roughly $16k per year. When calculating my savings rate, would you include that $16 or skip it? I'm trying to come up with p...
by FootballFan5548
Wed May 23, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 3422

Re: Parents with pre-K kids and 529 target

Oppenheimer has a very good college planning tool that spits out a report if you input data. It even lets you pick colleges and then it estimates the costs based on your child's current age. I have a 3 yr old daughter and a 1 yr old son. I've got about $33k in her 529 and about $22k in his. I'm addi...
by FootballFan5548
Tue May 08, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: VXUS ETF vs VTIAX MF difference today
Replies: 1
Views: 337

VXUS ETF vs VTIAX MF difference today

Can someone explain to me why Vanguard Total Intl ETF VXUS was up .26% today where as VTIAX Vanguard Totsl Intl mutual fund was only up .03% today?

I own both and noticed the discrepancy.
Thanks
by FootballFan5548
Tue May 01, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 16655

Re: How do you know when you have "won the game"?

OP, I'm sure you're a very smart person based on your profession and success. One piece of advice I'd recommend, is over-insure your business against medical malpractice or other liabilities. I work in the commercial insurance business and have seen entire companies disintegrate due to a bad verdict...
by FootballFan5548
Fri Apr 27, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.85 [Money Market Rate To 1.85% APY]
Replies: 53
Views: 6447

Re: Capital One now at 1.60

Two years ago today I closed on a "jumbo" 30 year fixed mortgage at 3.25%. We still have some ways to go, but it's nice that my mortgage payment account (cap one MM) is now receiving roughly half the interest that I'm paying out. Every little bit helps.
by FootballFan5548
Mon Apr 23, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: 2011 Acura RDX
Replies: 11
Views: 1258

Re: 2011 Acura RDX

I've got a 2013 (new model year compared to the 2011) bought new after Hurricane Sandy drowned our Acura TL. It has 64k miles on it and so far been great. There have been zero issues, I haven't even replaced the tires yet. Premium gas is a pain, and gas mileage isn't great... but overall a very soli...
by FootballFan5548
Fri Apr 20, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 9164

Re: Do you buy new or used cars?

To OP, last year (exactly last year, April 30 we bought) we were in the same boat as you. We were between a 1 year old new model XC90 for $45k with 10,000 miles, or a brand new GMC Acadia Denali, with all the bells and whistles for $45k with no miles. We went back and forth and back and forth. She w...
by FootballFan5548
Fri Apr 20, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge "Money Account" Question
Replies: 19
Views: 4115

Re: Merrill Edge "Money Account" Question

Thanks for your reply. It's just weird, I had $1,280 in the "Money Account". I made a small purchase of VB, for $1,000. So now my cash balance is showing as -1,000 and my money account is still showing $1,280. I'm wondering instead, why it's not just the net of $280. Who knows, I just want to make s...
by FootballFan5548
Thu Apr 19, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Future College Costs
Replies: 18
Views: 1674

Re: Estimating Future College Costs

I found this to be a great calculator tool. You can enter what you have saved now, what you plan to contribute and it spits out a cool little report.

http://www.archimedes.com/oppenheimer/efp.phtml
by FootballFan5548
Thu Apr 19, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge "Money Account" Question
Replies: 19
Views: 4115

Merrill Edge "Money Account" Question

I'm new to Merrill Edge after transferring from Capital One Brokerage which is closing later this year. I just transferred all of my taxable into Merrill, and after one trade, I had a small cash balance left over. I'm not familiar with Merrill Edge at all yet, but noticed there is a "cash balance" l...
by FootballFan5548
Mon Apr 16, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 2162

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

Just last Friday my entire transfer switched from CapOne to Merrill Edge. I also bank with BOA, so having the higher overall balance in Merrill Edge for the credit card cash back 75% bonus was nice. I was happy with CapOne but they are moving their brokerage ops to E-Trade. For years I've been payin...
by FootballFan5548
Fri Apr 13, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 15001

Re: Work Commute: How far is too far?

I live on the NJ Coast and commute by ferry to downtown NYC. It's an expensive, but pleasant commute. My drive is 10 mins to the ferry, 5 mins to park/walk to the boat, and then a 45 min boat ride, followed by a 5 min walk to the office.... so all in, each way every day is 1:05-1:15. It's long, but ...
by FootballFan5548
Tue Apr 10, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 4135

Re: How do you estimate your home's market value?

I closed on my house 2 years ago today. For my Personal Capital Net Worth tab, I just use the exact amount I paid for it, and link to my mortgage amount so I can see the "equity" increase every month. I figure 2 years ago, sure there have been some changes, but I know exactly what it was worth 2 yea...