Search found 34 matches

by user76586
Mon Sep 18, 2017 4:21 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 112
Views: 12240

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

Let's say your strategy is current income replacement/boosting rather than future savings, i.e. you want to take increasing dividend payments starting now while building/not removing the principle. How do you handle the non-dividend stocks? That's the mindset we are trying to avoid - taking 'income...
by user76586
Sat Sep 02, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k
Replies: 20
Views: 1528

Re: Solo 401k

My wife and I both max out our 401k This sounds like a job for a SEP IRA. Same employer contribution percentage. No change to individual contributions if you're already maxing your 401k. Less paperwork and more investment options if you're a Vanguard fan. The only reason I'd consider dealing with a...
by user76586
Wed Aug 23, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 3286

Re: Would you hire an obese nanny?

Go with your gut and what's best for your family. Don't base your decision on strangers' desires to virtue signal. You have legitimate concerns including health/reliability, ability to keep up with a toddler and have the energy to perform other tasks, and the life lessons/habits your children will b...
by user76586
Mon Aug 21, 2017 5:43 pm
Forum: Investing - Theory, News & General
Topic: Japanese Bubble Burst 1989
Replies: 78
Views: 7762

Re: Japanese Bubble Burst 1989

matthewmatt wrote:
Sun Aug 20, 2017 12:49 pm
THERE HAS NEVER BEEN A 15 Y PERIOD IN THE HISTORY OF UNITED STATES WHEN PEOPLE WOULD LOSE MONEY ON THE STOCK MARKET (if they bought SP500).
Past performance does not equal future results.
by user76586
Fri Aug 18, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23601

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

I am eligible to vote, but I feel extremely uninformed about all of this. I am a passive investor and not really in the 'know'. I haven't read through the whole pdf yet, but so far I have the feeling I still won't be able to make an educated vote. What do you guys recommend I do in this situation? ...
by user76586
Wed Aug 16, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23601

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

But I am a bit dismayed opposing genocide is "political" or something to do with being "politically correct" rather than basic human rights. :| Does a student taking a photograph with the sitting Vice President of the United States constitute direct violence and oppression against marginalized grou...
by user76586
Wed Aug 16, 2017 1:25 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23601

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

Proposal 7— A shareholder proposal to institute transparent procedures to avoid holding investments in companies that, in management’s judgement, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. While I certainly don't condone genocide,...
by user76586
Tue Aug 15, 2017 5:04 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 23601

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

Proposal 7— A shareholder proposal to institute transparent procedures to avoid holding investments in companies that, in management’s judgement, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. While I certainly don't condone genocide,...
by user76586
Mon Aug 14, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 9212

Re: ObamaCare 2018

And don’t forget if your MAGI income is under 400% of the Federal Poverty Level your premium* is a function of your income and not what the insurance company charges. * Based on a Silver tier plan. That's not entirely true. It is based on your income and what the premium is, which varies by area. Y...
by user76586
Mon Aug 14, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: IRA Contribution Timing
Replies: 7
Views: 554

Re: IRA Contribution Timing

Two reasons to wait are if you're uncertain about being above/below one of the income cutoffs (to avoid the hassle of withdrawing/recharacterizing) and if you might need access to that cash between now and the contribution deadline (low emergency fund). Otherwise, decide between monthly/quarterly do...
by user76586
Sun Aug 13, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Check my understanding of Roth contribution eligibility
Replies: 10
Views: 1001

Re: Check my understanding of Roth contribution eligibility

At certain brokers, including Vanguard, you CAN make "employee" contributions to a SEP rather than maintaining a separate traditional IRA and SEP IRA. "Employee" in quotes because technically you're making both traditional and SEP contributions, but it's all combined and traded as one IRA.
by user76586
Wed Aug 09, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds and Interest rates increase
Replies: 34
Views: 2845

Re: Bonds and Interest rates increase

Expectations are priced in, but expectations are not certainties. What gets priced in early are the 50 to 90% odds that the rates will change. On a Fed announcement, or other move, the odds become 100% and prices move the rest of the way.
by user76586
Fri Aug 04, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Delta priority boarding - first timer
Replies: 80
Views: 6566

Re: Delta priority boarding - first timer

On your boarding pass, it will say what boarding group you're in, and they're pretty clear about when each group is boarding. Most airports even have separate labeled lines. But FYI, credit card "priorirty" boarding is like the 3rd or 4th group after 1st class, super frequent flyers, etc. The only t...
by user76586
Thu Aug 03, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Selling domain names
Replies: 4
Views: 595

Re: Selling domain names

I don't have a lot of suggestions, except to say that my understanding is that a company that owns a trademark has a right to that domain name at no charge. I think that has limited the value of a lot of domain names. This is called cybersquatting and there are some nuances. You definitely can't gr...
by user76586
Wed Aug 02, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Employer 401K + small income Solo 401K = ? (How much can I contribute to Solo)
Replies: 7
Views: 631

Re: Employer 401K + small income Solo 401K = ? (How much can I contribute to Solo)

You get an $18k total limit. The solo doesn't affect it. So you get 20% of the $1,000 in side income or $200 into a solo or SEP. The question is do you want to manage a separate account to contribute an extra $200? Make sure you pick one with no fees. Add: I guess the one catch is that if your emplo...
by user76586
Tue Aug 01, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds math
Replies: 2
Views: 452

Re: I-Bonds math

BogleMelon wrote:Also shouldn't the interest be applied after 6 month of purchasing date? Why I see it after 5 months?
Aside from the 3-month delay, savings bond interest is applied monthly. You may be thinking of marketable bonds and notes which do pay every 6 months.
by user76586
Sun Jul 30, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Using Taxable Account when not maxing tax-advantaged?
Replies: 5
Views: 501

Re: Using Taxable Account when not maxing tax-advantaged?

Depends on if that taxable bucket includes short-term funds earmarked to cover those fluctuations. If so, holding in taxable might make sense to avoid penalties on withdrawing from tax advantaged. The other option is going the Roth as emergency fund route. It's also probably a good idea to hold off ...
by user76586
Sat Jul 29, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: Buying a house four months before a lease has expired
Replies: 18
Views: 1050

Re: Buying a house four months before a lease has expired

What does your lease say about breaking the lease early? The lease is silent on the issue. In my state my research shows the landlord has no duty to look for a replacement lessee if I leave. Presumably the lease is silent on this issue because the default state law is in the landlord's favor. (The ...
by user76586
Wed Jul 26, 2017 9:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 112
Views: 25396

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

Summary for a layman? The two Ws are active funds with about 1/3 and 2/3 in US equities, respectively, and the rest in US bonds. These funds will add international equities and bonds to the mix. Probably similarly to the active Global Equity fund that stays close to market cap weights but adjusts b...
by user76586
Sun Jul 23, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: $1,000 for taxable 3-5 year outlook
Replies: 11
Views: 1367

Re: $1,000 for taxable 3-5 year outlook

Have you considered I-Bonds if you want this to stay safe money? I wouldn't do bond funds/ETFs for a 3-5 year time horizon because if rates go up, you won't be holding long enough to make it back in increased interest (and the short term funds don't yield enough to cover the risk vs. CDs/savings ri...
by user76586
Sun Jul 23, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 135
Views: 10946

Re: Is Amazon Prime worth it?

I've found that when it works, it's a fair trade for price vs convenience but increasingly it doesn't work. I've constantly gotten wrong items, knockoff items, items significantly not as described (example: order 3 foot HDMI cables and get 18 inch), and late shipping. One big problem they have is t...
by user76586
Sun Jul 23, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: $1,000 for taxable 3-5 year outlook
Replies: 11
Views: 1367

Re: $1,000 for taxable 3-5 year outlook

Have you considered I-Bonds if you want this to stay safe money? I wouldn't do bond funds/ETFs for a 3-5 year time horizon because if rates go up, you won't be holding long enough to make it back in increased interest (and the short term funds don't yield enough to cover the risk vs. CDs/savings rig...
by user76586
Sun Jul 23, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 135
Views: 10946

Re: Is Amazon Prime worth it?

I've found that when it works, it's a fair trade for price vs convenience but increasingly it doesn't work. I've constantly gotten wrong items, knockoff items, items significantly not as described (example: order 3 foot HDMI cables and get 18 inch), and late shipping. One big problem they have is th...
by user76586
Fri Jul 21, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Vs. SEPIRA
Replies: 6
Views: 391

Re: Roth Vs. SEPIRA

Let me try to explain this a slightly different way because I'm not sure if some of the earlier comments clarified everything. But for the contribution limits and needing to have business income, a SEP IRA is exactly the same as a Traditional IRA. The only considerations between the two (for someone...
by user76586
Tue Jul 18, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding tax underpayment penalty due to stock option sales
Replies: 1
Views: 210

Re: Avoiding tax underpayment penalty due to stock option sales

You are correct about the safe harbor if your AGI is under $150k ($75k married filing separate). If it's over, it increases to 110% of last year or 90% of the current year. https://www.irs.gov/publications/p17/ch04.html You don't need to skip a year to take advantage. If your income keeps going up, ...
by user76586
Fri Jul 14, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?
Replies: 14
Views: 1169

Re: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?

This should be amended to read an LLC that has not elected to be taxed as a corporation. An LLC can choose to be taxed as a C-corporation or S-corporation. In some states, it is substantially easier to form an LLC. There may also be differences in initial filing fees, franchise taxes, and state inc...
by user76586
Fri Jul 14, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Why "Exchange" Funds Instead of "Sell" Funds?
Replies: 12
Views: 1136

Re: Why "Exchange" Funds Instead of "Sell" Funds?

Exchange swaps between two funds at the same time. Selling puts the money in your settlement account and you can't buy again until the next day. Exchanging avoids market swings in between the buy and sell. I use my Roth space as an emergency fund since I can't max my retirement accounts yet. General...
by user76586
Wed Jul 12, 2017 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: S Corp - minimize taxes, maximize deductions
Replies: 29
Views: 2440

Re: S Corp - minimize taxes, maximize deductions

If you haven't already, I would make sure you have strong supporting evidence for the salary you're paying yourself and maybe hire a CPA/lawyer to do it. Not a tax savings per se, but avoids potential trouble and penalties down the road. Another thought if you're still providing additional support f...
by user76586
Wed Jul 12, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?
Replies: 14
Views: 1169

Re: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?

I agree that taxes are due for the income from the services in the state where I do business , but that has nothing to do with the state government of the state my customer is doing business in. Therefore I do not need a state business licence for the the state that the customer is in. Ralph The bo...
by user76586
Wed Jul 12, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?
Replies: 14
Views: 1169

Re: Working as a freelance consultant: Sole proprietorship, SCorp or LLC?

Generally, the decision should be between a sole proprietorship and an S-Corp. An LLC for someone providing professional services is seldom the best choice. This should be amended to read an LLC that has not elected to be taxed as a corporation. An LLC can choose to be taxed as a C-corporation or S...
by user76586
Sat Jul 01, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Opening SEP IRA after doing backdoor roth
Replies: 9
Views: 592

Re: Opening SEP IRA after doing backdoor roth

+1 on opening solo 401k. It's probably in your best interest to open a solo 401k instead of a SEP-IRA. You can make the employer contribution (would be same as what you would have put in the SEP) - and keep the employee contribution to $0 (if you have already maxed a 401k elsewhere for the year). W...
by user76586
Thu Jun 29, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Solo 401k - rectifying excess funds addition - CPA is confused
Replies: 17
Views: 1219

Re: Vanguard Solo 401k - rectifying excess funds addition - CPA is confused

The bigger problem is as the employer now. There's possible penalties for not filing a correct W-2 (https://www.irs.gov/government-entities/federal-state-local-governments/increase-in-information-return-penalties-2) as well as the chance of having the plan disqualified (https://www.irs.gov/retireme...
by user76586
Wed Jun 28, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Solo 401k - rectifying excess funds addition - CPA is confused
Replies: 17
Views: 1219

Re: Vanguard Solo 401k - rectifying excess funds addition - CPA is confused

I will revisit the issue at length with my CPA again and hopefully he has a more responsive answer this time. A niggling thought though is - given the multiple levels of uncertainty here as to the right course of action - can I trust that the IRS will be satisfied with whatever course of action my ...
by user76586
Mon Jun 26, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Solo 401k - rectifying excess funds addition - CPA is confused
Replies: 17
Views: 1219

Re: Vanguard Solo 401k - rectifying excess funds addition - CPA is confused

I am not familiar with the specifics of these specific transactions, but as a general rule, reality takes precedence over what the forms say. Meaning, if you get an incorrect form and can't get it corrected, you use the real numbers when completing your tax return and attach an explanation stating w...