Search found 408 matches

by DarkHelmetII
Tue Nov 12, 2019 5:33 am
Forum: Personal Investments
Topic: "Tax advantaged Annuity" advised for friend
Replies: 35
Views: 1542

Re: "Tax advantaged Annuity" advised for friend

Is there risk tolerance for a conservatively tilted balanced portfolio such as 75% intermediate US treasures and 25% US stock market? Since 1972 max drawdown is under 10% and worst year down around 3%: https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startY...
by DarkHelmetII
Mon Nov 11, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Business Insurance - Who are the main players?
Replies: 4
Views: 319

Re: Business Insurance - Who are the main players?

Travelers, liberty, farmers just to name a few

Here is a top 25 listing across coverages (includes business and personal lines):https://www.naic.org/documents/web_mark ... ty_lob.pdf
by DarkHelmetII
Thu Nov 07, 2019 8:07 pm
Forum: Personal Investments
Topic: Umbrella Policy - when does it NOT cover something?
Replies: 25
Views: 2840

Re: Umbrella Policy - when does it NOT cover something?

Umbrella typically only expands $$ of coverage, not the types of perils covered. Key distinction.

So in a sense the answer is easy ... Umbrella will not cover you if the underlying auto / homowners / landlord policy will not cover you.
by DarkHelmetII
Thu Nov 07, 2019 1:34 pm
Forum: Personal Investments
Topic: Long-term disability insurance attorney to review policy
Replies: 12
Views: 580

Re: Long-term disability insurance attorney to review policy

yosemite_mountain wrote:
Wed Nov 06, 2019 9:10 pm
-Policy should be true own-occupation 
What does this mean?
by DarkHelmetII
Thu Nov 07, 2019 5:47 am
Forum: Personal Investments
Topic: Mega Backdoor - Conflicting Feedback
Replies: 11
Views: 711

Re: Mega Backdoor - Conflicting Feedback

marcopolo wrote:
Thu Nov 07, 2019 3:06 am
At one time, I had a plan that stopped letting you contribute to the 401k at all for 6 months after doing a rollover of after tax dollars!
This is unfortunately my current situation and yet another example of plan-specific nuances
by DarkHelmetII
Thu Nov 07, 2019 5:47 am
Forum: Personal Investments
Topic: Mega Backdoor - Conflicting Feedback
Replies: 11
Views: 711

Re: Mega Backdoor - Conflicting Feedback

marcopolo wrote:
Thu Nov 07, 2019 3:06 am
At one time, I had a plan that stopped letting you contribute to the 401k at all for 6 months after doing a rollover of after tax dollars!
This is unfortunately my current situation and yet another example of plan-specific nuances
by DarkHelmetII
Tue Oct 29, 2019 3:10 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20844

Re: Holding bonds vs 100% equities

I think it is worth holding some bonds, because many people are less risk-tolerant than they believe. I'd say hold 10 - 20% for behavioral reasons. Ultimately a personal decision, but those 100% equity returns are "academic" in the sense they assume no tinkering. For me personally, in the context o...
by DarkHelmetII
Mon Oct 28, 2019 1:21 pm
Forum: Personal Investments
Topic: Questions for potential new employer
Replies: 18
Views: 969

Re: Questions for potential new employer

1) Agreed easier to negotiate salary (whereas benefits are fairly rigid) as cash compensation is often on a wide continuum. However mileage certainly varies (I have experienced both 0% wiggle room to negotiating base for 20%+ higher than upper end of what was mentioned in first phone screen). 2) Ask...
by DarkHelmetII
Sun Oct 20, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Searching for a 401 k provider for a very small company
Replies: 10
Views: 896

Re: Searching for a 401 k provider for a very small company

I also looked around and found Employee Fiduciary to be very cost competitive. No hands-on experience (could not convince family member to consider them for their business as they wanted to stick with existing / higher cost relationships) but pricing seemed hard to beat for a small company.
by DarkHelmetII
Sat Oct 19, 2019 5:52 am
Forum: Personal Investments
Topic: Got tricked into a VUL, $40K already in - Need advice with my options
Replies: 22
Views: 3143

Re: Got tricked into a VUL, $40K already in - Need advice with my options

A few options / actions to consider: 1) evaluatelifeinsurance.org: "Evaluate Life Insurance -- Cost: The cost for the analysis is $135 for the first illustration and $90 for each additional illustration submitted at the same time. With each evaluation, Mr. Hunt invites his clients to call with any q...
by DarkHelmetII
Fri Oct 18, 2019 9:36 am
Forum: Personal Investments
Topic: Selling Condo, tax question?
Replies: 4
Views: 741

Re: Selling Condo, tax question?

How do you have a capital loss before selling? I thought one would incur a capital loss only after selling, at a price lower than basis, which does not seem to be the expected outcome here. Am sure that I am missing something, just trying to better understand this for myself.
by DarkHelmetII
Fri Oct 18, 2019 2:30 am
Forum: Personal Investments
Topic: Fee-only planner for federal employees?
Replies: 30
Views: 2057

Re: Fee-only planner for federal employees?

PM about fee only planner we used in D.C.
by DarkHelmetII
Thu Oct 17, 2019 12:18 pm
Forum: Personal Investments
Topic: Tax efficient energy sector fund?
Replies: 1
Views: 161

Re: Tax efficient energy sector fund?

VDE is arguably tax-efficient as dividends in recent years have been qualified and for ~ 10 years the only "distribution" has been the dividend (as opposed to also having capital gains distributions). Magnitude of the dividend itself is not ideal from a tax efficiency standpoint at over 3% but seems...
by DarkHelmetII
Mon Oct 14, 2019 6:52 am
Forum: Personal Investments
Topic: What are the pros and cons of investing in an ETF over a non-ETF mutual fund?
Replies: 14
Views: 1765

Re: What are the pros and cons of investing in an ETF over a non-ETF mutual fund?

An ETC "con" in my view is behavioral in nature. Temptation to day-trade, set limit orders, put in a "floor" to sell when markets drop IMHO will do more harm than good for the majority of investors. You don't have to use these features but simply existing can be a temptation.
by DarkHelmetII
Wed Oct 09, 2019 7:37 am
Forum: Personal Investments
Topic: PAS suggested portfolio, too complex ?
Replies: 18
Views: 1739

Re: PAS suggested portfolio, too complex ?

For what it's worth, I had referred my mother-in-law to a Fiduciary wealth manager at TIAA who did a portfolio review / plan for no charge. He cooked up something that was quite complex. The individual funds were reasonable (low-cost, passively managed) but the # of funds was way too many and repres...
by DarkHelmetII
Thu Oct 03, 2019 7:07 am
Forum: Personal Investments
Topic: Need help, Portfolio is a mess
Replies: 10
Views: 1380

Re: Need help, Portfolio is a mess

1) Select your desired asset allocation across 4 buckets: - S&P 500 - US "extended market" - a single fidelity fund encompassing both medium and small cap - Total (US) Bond Market - International Index that will be about 80 - 85% developed with residual emerging 2) Achieve your target AA (asset allo...
by DarkHelmetII
Tue Oct 01, 2019 8:30 am
Forum: Personal Investments
Topic: Tuning my HSA
Replies: 6
Views: 376

Re: Tuning my HSA

Depends on opportunity cost of your time. 0.30% is not THAT bad. personally, given other personal commitments in my life, I would probably not go through those additional machinations to save ~$50. only you can make that call. Also, you can periodically (e.g. 6 - 12 months) move money from your curr...
by DarkHelmetII
Mon Sep 30, 2019 11:40 am
Forum: Personal Investments
Topic: 401k & IRA Maxed Out- Now What?
Replies: 10
Views: 935

Re: 401k & IRA Maxed Out- Now What?

1) Make sure employer does not have mega back door Roth (if so, then do it)
2) Nothing wrong with tax-efficient investment like VFIAX or VOO in taxable account
3) Be weary of pitches for variable annuities and variable universal life insurance
by DarkHelmetII
Mon Sep 30, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Repaying relocation
Replies: 28
Views: 1358

Re: Repaying relocation

... but it doesn't hurt to ask if they will accept a lower amount... When would he ask? Before he leaves? Then they'd know he's looking for another job and might fire him on the spot. And as bad as the current job is he still might need it until he finds another one. After he leaves? Not many compa...
by DarkHelmetII
Wed Sep 25, 2019 3:44 pm
Forum: Personal Investments
Topic: Newbie needs investment advice
Replies: 5
Views: 331

Re: Newbie needs investment advice

Post is long so this does not necessarily address all questions, but nonetheless this may help: 1) Generally, can't go wrong with Vanguard 2) Similarly can't go wrong with S&P 500, a reasonable selection for tax deferred accounts but also very tax efficient for taxable accounts; now there are other ...
by DarkHelmetII
Wed Sep 25, 2019 1:05 pm
Forum: Personal Investments
Topic: After-tax Returns: What Calculators Exist?
Replies: 1
Views: 290

After-tax Returns: What Calculators Exist?

Hello, Any calculators exist that consider equity mutual funds returns after-tax? Basically, to show efficiencies (or inefficiencies) of funds that a) have qualified vs. non-qualified dividends, and b) funds that have a lot of realized capital gains (whether short-term or long-term) vs. those that t...
by DarkHelmetII
Mon Sep 23, 2019 8:13 am
Forum: Personal Investments
Topic: Vanguard Tax Efficiency: Historical Distributions by Fund
Replies: 5
Views: 414

Re: Vanguard Tax Efficiency: Historical Distributions by Fund

Hello, Where do I find historical distributions for a Vanguard fund (dividends, short-term capital gains, long-term capital gains) for several years back. Pretty sure I have seen / found this information before but can't seem to find it this time around. Thank you. go to vanguard.com, type in the f...
by DarkHelmetII
Mon Sep 23, 2019 7:31 am
Forum: Personal Investments
Topic: Vanguard Tax Efficiency: Historical Distributions by Fund
Replies: 5
Views: 414

Vanguard Tax Efficiency: Historical Distributions by Fund

Hello,

Where do I find historical distributions for a Vanguard fund (dividends, short-term capital gains, long-term capital gains) for several years back. Pretty sure I have seen / found this information before but can't seem to find it this time around.

Thank you.
by DarkHelmetII
Thu Sep 12, 2019 3:09 pm
Forum: Personal Investments
Topic: Questions on Matching and Allocation
Replies: 3
Views: 276

Re: Questions on Matching and Allocation

Lastly, I think a clarification on the statement "Traditional TSP and any remaining contribution should go into Roth" would be helpful. Many 401k-like employer plans (assuming this is true for TSP) offer both Traditional and Roth options, both of which are eligible for match. Likewise, IRAs can be ...
by DarkHelmetII
Thu Sep 12, 2019 2:27 pm
Forum: Personal Investments
Topic: Questions on Matching and Allocation
Replies: 3
Views: 276

Re: Questions on Matching and Allocation

Boglehead suggests #1 priority is contribute to 401k (or similar, in your case TSP) up to employer match. Full prioritization scheme below. https://www.bogleheads.org/wiki/Prioritizing_investments 1) Contribute to the work-based plan (401(k), 403b,) enough to get the full employer match (the match i...
by DarkHelmetII
Mon Sep 09, 2019 5:39 pm
Forum: Personal Investments
Topic: Extra contributions to 401k ?? has anyone heard of this
Replies: 6
Views: 951

Re: Extra contributions to 401k ?? has anyone heard of this

Any problems with this ? Thanks in concept, no (completely legit) however understand the maneuver in general also your employer specific plan rules. Some examples: 1) can you do inservice withdrawals or Roth conversions 2) how frequently of #1 3) are there any suspensions after making a withdrawal ...
by DarkHelmetII
Fri Sep 06, 2019 2:56 pm
Forum: Personal Consumer Issues
Topic: United Premium Plus vs ANA Premium Economy
Replies: 11
Views: 1018

Re: United Premium Plus vs ANA Premium Economy

On a 777 I believe the seat configuration will be 2-4-2. Availability of a seat on the 2 person side (and certainly not being in the middle) could be a major deciding factor assuming other considerations are similar (e.g. schedule, cost). However will agree with sentiments that if everything (includ...
by DarkHelmetII
Fri Sep 06, 2019 9:11 am
Forum: Personal Investments
Topic: Too many options
Replies: 13
Views: 1073

Re: Too many options

BeaverState wrote:
Thu Sep 05, 2019 9:47 pm
Does having all my eggs in the Vanguard basket matter?
Yes, but not a lot. With one institution there is concentration of operational risk and tracking error risk.
by DarkHelmetII
Fri Sep 06, 2019 9:08 am
Forum: Personal Investments
Topic: Employer requesting refund of HSA funds
Replies: 40
Views: 3200

Re: Employer requesting refund of HSA funds

Even if you were to over contribute, wouldn’t you be the one on the hook with the IRS and not the employer? That is my understanding. One could "max out" separate HSAs at Fidelity, at Optum Bank, at Health Equity etc.... and each institution / custodian would have no problem taking your money. But,...
by DarkHelmetII
Thu Sep 05, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Identity Theft Insurance: $1,000,000 Limit is Really $14,000?
Replies: 1
Views: 486

Identity Theft Insurance: $1,000,000 Limit is Really $14,000?

Am reading the details of a TransUnion identity theft insurance product underwritten by AIG ( https://membership.tui.transunion.com/tucm/idTheftInsBenefits.page ). Here are the limits: Aggregate Limit of Insurance: $1,000,000 per policy period Lost Wages: $2,000 per week, for 5 weeks maximum Travel ...
by DarkHelmetII
Tue Sep 03, 2019 5:59 pm
Forum: Personal Investments
Topic: Private Equity/Opportunity Funds
Replies: 2
Views: 301

Re: Private Equity/Opportunity Funds

Tyler Aspect wrote:
Tue Sep 03, 2019 5:29 pm
If you arrive at a poker game and you have to ask about how the game works, then you are in trouble.
+1
by DarkHelmetII
Mon Sep 02, 2019 3:43 pm
Forum: Personal Investments
Topic: Convert 401K to IRA
Replies: 7
Views: 664

Re: Convert 401K to IRA

Even if best case one can delay RMDs for another year, is it worth losing the incremental protections of having money in a 401k vs. IRA?
by DarkHelmetII
Mon Sep 02, 2019 2:38 am
Forum: Personal Investments
Topic: What two funds would you use to make your own version of the Wellington that would have around the same returns?
Replies: 19
Views: 2392

Re: What two funds would you use to make your own version of the Wellington that would have around the same returns?

tj wrote:
Mon Sep 02, 2019 2:17 am
Why not just buy Wellington?
Perhaps for tax efficiency, maybe OP wants to attempt to replicate / target Wellington performance but has a sizeable portion in taxable accounts. Just hazarding a guess ...
by DarkHelmetII
Sun Sep 01, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Subaru Outback issue
Replies: 38
Views: 3938

Re: Subaru Outback issue

I have been less than thrilled about Subaru reliability. Not so actionable for OP's specific situation but a general sentiment for others' consideration. Great in the snow (when there are no maintenance issues) but overall sub-par reliability when compared to other major Japanese brands namely Honda...
by DarkHelmetII
Thu Aug 29, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance shopping - good alternative to State Farm for auto, home, umbrella
Replies: 20
Views: 1341

Re: Insurance shopping - good alternative to State Farm for auto, home, umbrella

Geico or Progressive. For Auto and Home. You will save significant amounts of money. Service and digital capabilities are very good as well. I like how Geico offers 24x7 customer service. They will answer the phone at 6 AM Christmas Morning and answer detailed, technical policy coverage questions. ...
by DarkHelmetII
Wed Aug 28, 2019 12:22 pm
Forum: Personal Investments
Topic: Behind on Retirement - Need Guidance on 401k, Mortgage vs. Invest, HSA investments
Replies: 18
Views: 2541

Re: Behind on Retirement - Need Guidance on 401k, Mortgage vs. Invest, HSA investments

1) I think 80 / 20 is perfectly reasonable. Some may say 20% is too little or too much bonds but if this is in low-cost, passively managed, indexed funds I don't see a huge difference going 70 / 30 or 90 / 10 for example. For me personally, having that 20% is also help psychologically / behaviorally...
by DarkHelmetII
Wed Aug 28, 2019 7:48 am
Forum: Personal Investments
Topic: Don't Chase Returns: Infographic?
Replies: 7
Views: 1123

Re: Don't Chase Returns: Infographic?

See the below exhibit I created. Am sure one can poke holes ... but nonetheless this is along the lines of what I wanted to see (and could not quite find despite the numerous replies).

Image
by DarkHelmetII
Mon Aug 26, 2019 1:54 pm
Forum: Personal Investments
Topic: Don't Chase Returns: Infographic?
Replies: 7
Views: 1123

Don't Chase Returns: Infographic?

Trying to convince family member (who welcomes the dialogue) that chasing returns can be a dangerous game. Does any infographic exist? I can create but don't want to reinvent the wheel. What I would envision is something that shows historical 10-year performance segments of common assets classes lik...
by DarkHelmetII
Mon Aug 26, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: Faxing From Computer - Any Free, Reliable Services?
Replies: 13
Views: 1422

Re: Faxing From Computer - Any Free, Reliable Services?

Nyarlathotep wrote:
Mon Aug 26, 2019 12:33 pm
https://www.faxzero.com

Up to 3-page faxes are free. I've used it many times.
Thanks. Any sense on if this is encrypted at all?
by DarkHelmetII
Mon Aug 26, 2019 12:29 pm
Forum: Personal Consumer Issues
Topic: Faxing From Computer - Any Free, Reliable Services?
Replies: 13
Views: 1422

Faxing From Computer - Any Free, Reliable Services?

Occasionally need to send faxes from my computer, let's say about 5 pages per month. What service(s) would you recommend?
by DarkHelmetII
Mon Aug 26, 2019 7:12 am
Forum: Personal Consumer Issues
Topic: Learning Accounting (question)
Replies: 14
Views: 1122

Re: Learning Accounting (question)

I used this wiki page https://en.wikipedia.org/wiki/Debits_and_credits to help me get up to speed on a technical accounting project at work.
by DarkHelmetII
Mon Aug 26, 2019 7:10 am
Forum: Personal Consumer Issues
Topic: Desk: Where can I found one like this?
Replies: 16
Views: 1933

Desk: Where can I found one like this?

Where can I find a desk like below? 100% Wood, not particle board. Looking to spend a few hundred dollars, assuming that is possible.

Image

Thank you.
by DarkHelmetII
Thu Aug 22, 2019 9:49 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 668

Re: 401K bad investment choice...need help

1) VOO is the ETF equivalent of the S&P 500 institutional index 2) At those highish Expense Ratio's I would personally go 100% S&P 500 (large cap is 70 - 80+% of the market anyway) My 2 cents .... Thank you for the reply. This was my though process as well... Nothing wrong with Target Date either (...
by DarkHelmetII
Thu Aug 22, 2019 8:44 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 668

Re: 401K bad investment choice...need help

1) VOO is the ETF equivalent of the S&P 500 institutional index
2) At those highish Expense Ratio's I would personally go 100% S&P 500 (large cap is 70 - 80+% of the market anyway)

My 2 cents ....
by DarkHelmetII
Wed Aug 21, 2019 1:23 pm
Forum: Personal Investments
Topic: Where to invest 50k today?
Replies: 12
Views: 1281

Re: Where to invest 50k today?

if you are worried about timing, put in 5k a month. +1. If recent volatility and / or being near "all time highs" has you edgy about dumping all the $$ in at once, nothing wrong with dollar cost averaging. Point is to just avoid a scenario where you sit on the money for years waiting for the optima...
by DarkHelmetII
Mon Aug 19, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: 529 beneficiary change
Replies: 41
Views: 1800

Re: 529 beneficiary change

I am in similar planning phase with 2 young children. See this link https://www.savingforcollege.com/article/how-to-transfer-529-plan-funds-to-a-sibling . This is "unofficial" in that I prefer to get information / validate directly from irs.gov but nonetheless this could provide some directional ins...
by DarkHelmetII
Mon Aug 19, 2019 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Capital One Breach: What to Do if SSN Compromised
Replies: 8
Views: 1075

Re: Capital One Breach: What to Do if SSN Compromised

For somebody who's SSN was comprised in the recent Capital One data breach, what should that individual be doing? 1) Is there any reason to not enroll in the credit monitoring service they are providing? 2) As a corollary to #1, would one be waiving any right to further pursue recourse by "acceptin...
by DarkHelmetII
Mon Aug 19, 2019 5:09 am
Forum: Personal Finance (Not Investing)
Topic: Capital One Breach: What to Do if SSN Compromised
Replies: 8
Views: 1075

Capital One Breach: What to Do if SSN Compromised

For somebody who's SSN was comprised in the recent Capital One data breach, what should that individual be doing? 1) Is there any reason to not enroll in the credit monitoring service they are providing? 2) As a corollary to #1, would one be waiving any right to further pursue recourse by "accepting...
by DarkHelmetII
Mon Aug 19, 2019 2:20 am
Forum: Personal Investments
Topic: Prudential Premier Retirement B / HDI v3.0 Annuity
Replies: 13
Views: 762

Re: Prudential Premier Retirement B / HDI v3.0 Annuity

In general, Variable Annuities are not recommended here. The biggest reason is that they tend to be very expensive, fees can run 3% to 4% a year if you add living benefit principal and/or income guarantees. If you happen to own an old Variable Annuity with living benefits, dating back to let's say ...