Search found 437 matches

by shess
Sun May 24, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 68
Views: 3098

Re: Tips to stick to a weight loss diet?

I also believe that losing weight is ~90% what you eat and only ~10% related to activity. Health is a different story - we need a combination of both to truly be healthy. I once lost 60lbs mostly by diet with a moderate amount of exercise, and after I worried about having a non-supportive goal dist...
by shess
Sat May 23, 2020 2:20 pm
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 68
Views: 3098

Re: Tips to stick to a weight loss diet?

I think another important mental shift is to think in terms of adopting a new permanent lifestyle rather than "going on a diet". For this to work, you've got to get into an eating pattern that can work permanently. Things like Whole30 are great for dropping weight, but I know of few people that lik...
by shess
Sat May 23, 2020 11:56 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 68
Views: 3098

Re: Tips to stick to a weight loss diet?

There is no magic formula. I don't really believe those who say you can retrain your body. You simply need to have willpower and lots of it. For example, I love pizza. I could eat an entire pie every day for the rest of my life. I'll never look at pizza and a salad and think "salad! that's what I'm...
by shess
Sat May 23, 2020 12:18 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 68
Views: 3098

Re: Tips to stick to a weight loss diet?

I guess a better question is, what are some tips to help stick to a weight loss (and then maintenance) way of eating? I do not want this discussion turning into medical advice that will get this locked. It's so easy to give into temptation. Any suggestions? I've had various approaches to weight los...
by shess
Mon May 18, 2020 11:46 pm
Forum: Personal Investments
Topic: RSUs [how long to hold]
Replies: 32
Views: 1395

Re: RSUs [how long to hold]

As a result the Tech Crash in the early 2000's, many of those holding exercised RSU's found themselves very far underwater, to the extent that when they sold their sale price did not even cover the taxes due. Add to that there were job losses. I was not personally involved, but know people that wer...
by shess
Mon May 18, 2020 1:34 pm
Forum: Personal Investments
Topic: RSUs [how long to hold]
Replies: 32
Views: 1395

Re: RSUs [how long to hold]

Let me add a couple of variations to this question: 1) Let’s say immediately after the RSV grant the share price takes a dive. Is the recommendation to wait until the price recovers then sell, or sell at a loss to buy VTI (or other broad index)? 2) Let’s say the RSV gives out dividend at a good per...
by shess
Sun May 17, 2020 7:08 pm
Forum: Personal Investments
Topic: What to do with after-tax contributions to employer 401k?
Replies: 46
Views: 2098

Re: What to do with after-tax contributions to employer 401k?

I spoke to two 401k advisors with Fidelity when I called about the automated in-plan Roth conversion and they specifically warned me about how the money couldn't then be rolled out into an IRA and how that money would essentially be locked until I was 59.5. They seemed to reference frustration by o...
by shess
Sun May 17, 2020 3:42 am
Forum: Personal Investments
Topic: What to do with after-tax contributions to employer 401k?
Replies: 46
Views: 2098

Re: What to do with after-tax contributions to employer 401k?

So my ultimate question is... how often should I be rolling it over to my personal Roth IRA, considering there's a $20 fee per withdrawal? The longer I leave it in there as after-tax, the more taxable earnings I'll have (assuming there are gains). If there was no fee it would obviously make sense t...
by shess
Fri May 08, 2020 11:47 pm
Forum: Personal Consumer Issues
Topic: Will a vpn complicate or improve my internet experience?
Replies: 54
Views: 3638

Re: Will a vpn complicate or improve my internet experience?

Received an email from the folks at McAfee offering free vpn service. You got a lot of responses on whether you want a VPN in general, my response is that you should not install any security product from McAfee. I've had multiple family members come to me to fix their busted ass computers, and have...
by shess
Fri May 08, 2020 11:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Vs Ally saving 1.5%?
Replies: 8
Views: 1618

Re: Vanguard Prime Money Market Vs Ally saving 1.5%?

What is Vanguard's Prime Money Market rate now? Is it .53% now? Ally Bank has a 1.5% rate for their savings. Why is it so much higher? Will Ally lower their Saving's rate? As someone mentioned, money-market funds pay rates based on the paper they can purchase in the market. Big banks can get away w...
by shess
Sun May 03, 2020 8:12 pm
Forum: Personal Consumer Issues
Topic: All gift cards orders on cardcash.com declined?
Replies: 14
Views: 1248

Re: All gift cards orders on cardcash.com declined?

Call your credit card company. There is one has station near me that invariably triggers a fraud alert on one of my credit cards. The credit card company would remove the block, but for some reason no one can explain it will happen again the next time. After three years of monthly charges for Patre...
by shess
Sat Apr 25, 2020 7:02 pm
Forum: Personal Investments
Topic: TLH - but now have short terms gains!
Replies: 19
Views: 1204

Re: TLH - but now have short terms gains!

Now that is has been long enough to avoid a wash sale, I'd like to exchange back to VTSAX and keep my portfolio with the fewest number of funds. However, the net short term gains are now a little larger than the short term losses I had with the initial TLH (low 4-figure difference). What would you ...
by shess
Thu Apr 16, 2020 1:42 am
Forum: Personal Consumer Issues
Topic: Apple Released a New Low-cost Iphone
Replies: 172
Views: 14288

Re: Apple Released a New Low-cost Iphone

I have an old SE currently but it will be the size of an Iphone 7/8 which is disappointing. I like the small size of the old SE. They dropped the ball on the sizing IMO. I'll still upgrade but grumpy about it. I've been carrying a Moto X4, which I eventually adapted to size-wise, so I'm kind of exc...
by shess
Thu Apr 16, 2020 1:35 am
Forum: Investing - Theory, News & General
Topic: Worried about the future of REITs
Replies: 62
Views: 4444

Re: Worried about the future of REITs

I've had a 6% exposure to REITs for a long time, through the global REIT ETF, REET. While I'm not dissatisfied with it, I'm concerned with the future of REITs in general. Malls and offices were struggling before covid 19. Things are likely to get worse before they get better over next 6 months. Cou...
by shess
Fri Apr 03, 2020 9:05 pm
Forum: Personal Investments
Topic: Right time to convert to Roth IRA?
Replies: 14
Views: 1324

Re: Right time to convert to Roth IRA?

Hello, I have been contributing to Roth IRA via backdoor method for past several years. But for my non-working spouse, I have not doing any backdoor as she has existing tax deferred traditional IRA . Her portfolio is down 25% and valued 55K and wondering if I should take a tax hit and do a Roth IRA...
by shess
Wed Mar 25, 2020 4:07 am
Forum: Investing - Theory, News & General
Topic: Market Timing Covid-19 (A Cautionary Tale)
Replies: 22
Views: 2122

Re: Market Timing Covid-19 (A Cautionary Tale)

Unfortunately, for my relative you have to time the market twice. This has kept me from acting on my fears in 5 of the last two recessions. I had fear, and I wanted to do something, but I couldn't square the circle on it. Going 100% on my gut has obvious dangers, so that's not good. But prudently r...
by shess
Sat Mar 14, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Dental and vision insurance?
Replies: 13
Views: 724

Re: Dental and vision insurance?

I qualify for tax credits through the marketplace for my general medical insurance. However, dental and vision are not covered. I have been paying $40/month for dental through Delta. I originally thought it might be worth it, as I sometimes do need work done in addition to my cleanings and x-rays. ...
by shess
Sat Mar 14, 2020 12:42 pm
Forum: Personal Investments
Topic: What are people who are using their portfolio for income doing?
Replies: 42
Views: 1941

Re: What are people who are using their portfolio for income doing?

If you are regularly withdrawing from your portfolio for income, what are you doing now? Have you changed your withdrawal amount or rate or cut your expenses? I'm regretting that I was too greedy and was only keeping 2 years of spending available in cash. I don't know if that will be a problem, but...
by shess
Sun Mar 08, 2020 2:46 pm
Forum: Personal Investments
Topic: 1.5 million into VTI now and come back in 15 years?
Replies: 10
Views: 2478

Re: 1.5 million into VTI now and come back in 15 years?

The question is why have you been in cash up to now? I think this is a bad time for someone with no investing experience to go "all in". While the standard answer to the question of invest now or dca is invest now, I would worry someone that has no experience with investing going all in with all th...
by shess
Sat Mar 07, 2020 2:49 am
Forum: Investing - Theory, News & General
Topic: Rethinking Small-Mid Tilt
Replies: 18
Views: 1155

Re: Rethinking Small-Mid Tilt

My 401k doesn't have a Total Market option so I tried to recreate it using a mixture of Large-Mid-Small caps, with heavier weighting towards small and mid to tilt that way. Unfortunately the smalls and mids have performed terribly the past year so wondering if I should just cut my losses, simplify ...
by shess
Fri Mar 06, 2020 9:02 pm
Forum: Personal Investments
Topic: How to handle 5M capital gain (post-IPO)
Replies: 130
Views: 15653

Re: How to handle 5M capital gain (post-IPO)

I've dealt with this extensively and explored and/or participated in the following techniques. My personal attitude is strategy diversification. Exchange Fund - Probably my favorite solution if you can get your security accepted in volume into one. Eaton Vance and Goldman are the only players runni...
by shess
Wed Mar 04, 2020 2:16 pm
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 9911

Re: Another Edward Jones and other Financial Advisor "Lessons to Share"

I am somewhere in the middle here, mostly have been a do-it-yourself investor my whole life though I have worked with Advisors too. Right now, about 1/3 of my retirement is self-managed at Fidelity; I work with an independent broker at LPL with another 1/3; and I am test-driving American Century's ...
by shess
Sun Mar 01, 2020 3:25 pm
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 9911

Re: Another Edward Jones and Financial Advisor Lesson

So who would possibly take seriously investment advice from someone who looks so modestly endowed, so financially middle-class? Would you rather take financial advice from a person in an expensive suit in a meeting room with marble counters and rich dark carpet, paintings on the wall, behind a very...
by shess
Thu Feb 27, 2020 5:59 pm
Forum: Personal Investments
Topic: Million in Cash, Buy in? What would you do?
Replies: 78
Views: 6688

Re: Million in Cash, Buy in? What would you do?

I’m definitely waiting until Monday. All it will take is 100 cases in USA and Dow will plunge even more. I agree. I was planning to do a Roth conversion, and it seems like it couldn't hurt to wait a little longer, just in case. What's really torquing me is that I started a new brokerage account and...
by shess
Thu Feb 27, 2020 5:10 pm
Forum: Personal Investments
Topic: Million in Cash, Buy in? What would you do?
Replies: 78
Views: 6688

Re: Million in Cash, Buy in? What would you do?

50k/week sounds like a great idea. Your patience paid off and this is an opportune time to deploy those dollars. It’s only paid off if he just got the million very recently. If he’s been sitting on $1mm for a year it has not paid off yet and there’s no guarantee it will. I’ve been sitting on it sin...
by shess
Wed Feb 26, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: General house remodeling approach
Replies: 30
Views: 2526

Re: General house remodeling approach

I recently took a class with my community's continuing-education program, and it was helpful to help triangulate things. Since it was a small class, the instructor, a member of a design/build firm, was able to set aside some time to use attendee projects as examples. The instructor covered everythin...
by shess
Tue Feb 25, 2020 6:54 pm
Forum: Personal Consumer Issues
Topic: Negotiating hospital PT bill
Replies: 36
Views: 3301

Re: Negotiating hospital PT bill

My spouse had a 1 hour physical therapy appointment thorough a large hospital and was billed close to $700. There was a $280 adjustment and insurance picked up $80 leaving us with over $300 to pay. I know some places offer a discount if you pay cash but that’s usually negotiated before hand. Do you...
by shess
Tue Feb 25, 2020 3:02 pm
Forum: Personal Consumer Issues
Topic: Negotiating hospital PT bill
Replies: 36
Views: 3301

Re: Negotiating hospital PT bill

Everyone is on board until suddenly the patient has to pay their part learns for the first time what they'll actually have to pay. We see this thread several times a year where someone doesn't realize what they signed up for isn't told up front what they're going to be charged, and then gets buyers...
by shess
Tue Feb 25, 2020 2:57 pm
Forum: Personal Investments
Topic: Time to Tax-loss harvest?
Replies: 14
Views: 1167

Re: Time to Tax-loss harvest?

How much of a loss is considered worthwhile to go to the trouble of tax-loss harvesting? If the recent loss only unwinds two or three months of gains, I don't bother. There's only a limited amount I'd have invested in that time, and if I'm investing on that frequency I'd have to make sure I'm not s...
by shess
Mon Feb 24, 2020 11:28 pm
Forum: Investing - Theory, News & General
Topic: Bond Yield vs. Money Market Yield
Replies: 19
Views: 2043

Re: Bond Yield vs. Money Market Yield

My surprise at the yield similarity stems from this: my understanding is that the Bond fund has significant interest rate risk, but the money market fund has none. So I assumed that investors would demand a significantly higher yield from the bond fund in order to take on that risk. But it appears ...
by shess
Thu Feb 20, 2020 10:47 pm
Forum: Personal Investments
Topic: How Are RSUs Taxed?
Replies: 13
Views: 1003

Re: How Are RSUs Taxed?

Will I still see the 1099-B if I sold right after distribution? You should expect to see a 1099-B even if you have instructions to sell immediately/ASAP on vest. The value calculation for the compensation income uses an average over the day of vesting, but the shares sell for an actual price set by...
by shess
Thu Feb 20, 2020 10:34 pm
Forum: Personal Investments
Topic: How Are RSUs Taxed?
Replies: 13
Views: 1003

Re: How Are RSUs Taxed?

Tangential question to OP’s, for my RSU vest last year the 1099B for the sale showed a basis of $0. Is that right? This was my first vesting event at my new employer, at my previous employer the 1099B always had the basis show the FMV on the vest date. It's not right in the sense that you actually ...
by shess
Thu Feb 20, 2020 2:20 pm
Forum: Personal Investments
Topic: How Are RSUs Taxed?
Replies: 13
Views: 1003

Re: How Are RSUs Taxed?

We just had RSU's distributed a few days ago and are trying to understand how they are being taxed. On 2/17 we had 523 units distributed (~76k). When the award was vested, there were only 319 units (~47k). 1. Did the difference between units go into taxes? 38%? 2. When the 47k gets added to W2s, wi...
by shess
Fri Feb 14, 2020 11:58 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Investing Picks Need Improvement
Replies: 34
Views: 2875

Re: Bogleheads Investing Picks Need Improvement

So tired of the argument that the market is heavily weighted to a few large companies. Those large companies are so much more diversified in product lines, services offered, global reach, etc. than smaller companies. Look at Amazon vs. Harley Davidson. Cloud based web services, huge retail marketpl...
by shess
Fri Feb 14, 2020 2:05 am
Forum: Investing - Theory, News & General
Topic: Bogleheads Investing Picks Need Improvement
Replies: 34
Views: 2875

Re: Bogleheads Investing Picks Need Improvement

I read an article today that states Bogleheads investing picks could be improved. I'm not sure I agree with Mr. Merriman? https://www.marketwatch.com/story/the-lessons-of-vanguards-jack-bogle-have-helped-countless-investors-but-his-picks-could-be-improved-2020-02-13 I don't disagree with him, but I...
by shess
Fri Feb 14, 2020 1:55 am
Forum: Personal Investments
Topic: best use of 750k Cash
Replies: 12
Views: 2038

Re: best use of 750k Cash

4. Think about upgrading to a new home (2.2M). Sell current rental property, put 750K + 600k Proceeds from the rental property down and take a 850K loan. You probably will never need to upgrade from here. But I really don't like this option because of Property tax as well as so much investment for ...
by shess
Tue Feb 11, 2020 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Missed Q4 estimated tax deadline?
Replies: 15
Views: 964

Re: Missed Q4 estimated tax deadline?

Beyond that, once you miss Q4, how do you pay before submission ? And how do you include that in your tax form I'm not sure there's any way to do that, and to stop the interest clock. Just file a regular old 1040-ES payment voucher 4. You can grab one online and fill everything out yourself, or if ...
by shess
Sun Feb 09, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard & Investment Account Statements
Replies: 30
Views: 1924

Re: Vanguard & Investment Account Statements

The important thing is to have records of all the transactions you need to support your tax filings now and in the future. The traditional annual mutual fund statements allowed you to toss all the interim statements for that year. Since I have noncovered shares, I need these until I sell all my pos...
by shess
Sat Feb 08, 2020 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Date Decision, Pros & Cons (Feds)
Replies: 9
Views: 921

Re: Retirement Date Decision, Pros & Cons (Feds)

I'm a fed seeking to retire on 5/31. Conventional wisdom suggests this is a propitious date since my pension will then begin 6/1. I retired early, and the only date-related wisdom I have is that if I had worked two more days, I'd have received an additional month of health insurance, because in my ...
by shess
Sat Feb 08, 2020 4:54 pm
Forum: Personal Investments
Topic: Ally 13 month CD 2.10% (offer good through 3/31/20)
Replies: 22
Views: 3599

Re: Ally 13 month CD 2.10% (offer good through 3/31/20)

I have a few 2.9% (2.85% + 0.05% "loyalty bonus") 14-month CDs maturing on February 28th. I'm trying to decide between this 13-month CD at 2.15%* and the 11-month no-penalty CD at 1.95%**. *Including "loyalty bonus" **Including "loyalty bonus", $25K minimum Yeah, I'm kind of in the same boat, I hav...
by shess
Fri Feb 07, 2020 12:55 am
Forum: Personal Consumer Issues
Topic: Alternative Thanksgiving
Replies: 23
Views: 1497

Re: Alternative Thanksgiving

Every year, I overpay to fly on overcrowded Thanksgiving flights through overcrowded airports (ORD to JFK). It's miserable, but it's worth it to spend the time with my elderly parents. I'm starting to wonder, though, if it'd be better instead if were to travel on the first week of November, and jus...
by shess
Fri Feb 07, 2020 12:43 am
Forum: Personal Consumer Issues
Topic: Are 2.1 and 1.0-amp sockets really different on a USB charger?
Replies: 48
Views: 4819

Re: Are 2.1 and 1.0-amp sockets really different on a USB charger?

Another consideration for charging rate is the cable Cables can make a big difference. I replace all my OEM cables with the heavy Anker cables. Come on... Make a big difference how? This reads like audiophile tweako stuff. I agree, cables do NOT make a difference in charging speed unless the cable ...
by shess
Fri Feb 07, 2020 12:37 am
Forum: Personal Investments
Topic: How does my plan look? $1 million income.
Replies: 53
Views: 8926

Re: How does my plan look? $1 million income.

If I thought I was better than the average investor I wouldn’t be all index funds (except for my small commercial property). Even with index funds planning to go with 100% stocks when a typical recommendation would be to have 20% bonds(or more) could be taken to mean that you are overly confident. ...
by shess
Thu Feb 06, 2020 10:06 pm
Forum: Personal Consumer Issues
Topic: Are 2.1 and 1.0-amp sockets really different on a USB charger?
Replies: 48
Views: 4819

Re: Are 2.1 and 1.0-amp sockets really different on a USB charger?

I can't charge my iPad (gen 2) on a 1A charger. You can absolutely charge an iPad (any generation) on a 1A charger. I did just that with an iPad 2. It may say "Not charging." But actually that means "charging slowly." Some chargers cannot charge an iPad while it is in use. Such chargers charge the ...
by shess
Thu Feb 06, 2020 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Roth, Long term care & tax avoidance
Replies: 10
Views: 965

Re: Roth, Long term care & tax avoidance

It's really a more general issue of having large qualifying medical expenses that allow you to draw lots of tax-free money from trad IRAs. Well, it stands to reason that as you get into the age where you'll have to do RMDs from your tIRA, you're also more likely to have large healthcare expenses. Y...
by shess
Thu Feb 06, 2020 1:08 pm
Forum: Personal Investments
Topic: Ally 13 month CD 2.10% (offer good through 3/31/20)
Replies: 22
Views: 3599

Re: Ally 13 month CD 2.10% (offer good through 3/31/20)

I just logged into my Ally account and received a notice of a 13-month CD offering at 2.10% with no minimum investment amount. It's called a "Select 13 month CD." The "regular" 12 month CD is paying 2.00% interest, so the Select 13-month CD isn't spectacularly, but I thought I would share this with...
by shess
Thu Feb 06, 2020 2:00 am
Forum: Personal Investments
Topic: Ally 13 month CD 2.10% (offer good through 3/31/20)
Replies: 22
Views: 3599

Re: Ally 13 month CD 2.10% (offer good through 3/31/20)

cyclist wrote:
Wed Feb 05, 2020 10:27 pm
Figures that my CD will be up for renewal 4/1, the day after that offer expires.
It was 2.00% last week, which made me wonder, since the straight 12-month CD was also 2.00%. Maybe they'll change the rate and time limit as things progress?
by shess
Wed Feb 05, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: College Expenses
Replies: 37
Views: 2466

Re: College Expenses

Our older one goes off to college in 5 years. Would the parents ahead of me on this journey suggest some money tips to plan for college expenses. My concern is - 1. Most of our savings (high 6 figs) are in taxable. Ran some online calculators for college aid, and this amount puts us on the hook for...
by shess
Tue Feb 04, 2020 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I put my full W2 taxable wages into a Roth IRA
Replies: 18
Views: 1930

Re: Can I put my full W2 taxable wages into a Roth IRA

My wife had some earned income as a sole proprietor. Our total earned income is less than $14,000 (sum of our Roth limits). We, of course, had other taxable income, but it does not exceed the married filely jointly AGI limit. So, I think we can put all of our earned income into Roth IRAs. If you ha...
by shess
Tue Feb 04, 2020 11:47 am
Forum: Personal Investments
Topic: Solo-401k, Backdoor Roth and Pro-rata question?
Replies: 12
Views: 535

Re: Solo-401k, Backdoor Roth and Pro-rata question?

Just so that you are not constrained by the April 15 deadline, do the non-deductible contribution anyway to a traditional IRA for 2019; just put it in a different fund that's not going to be rolled over into the Solo 401k. Once the rollover is completed, only then convert the non-deductible tIRA ac...