Search found 88 matches

by DarkHelmetII
Wed Jun 06, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Suggested HSA Provider
Replies: 9
Views: 562

Re: Suggested HSA Provider

OptumBank has some low cost Vanguard options including Wellington. They waive monthly fees at $5,000 but that $5,000 has to be in Cash (not Cash + Investments).
by DarkHelmetII
Mon Jun 04, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from EJ to Vanguard
Replies: 22
Views: 2202

Re: Moving from EJ to Vanguard

My 2 cents: 1) On the 10 yr vs. 20 yr comparison from EJ ... my bet is that there is some cherry picking of the "evidence." Maybe hear him out for entertainment / educational purposes but I'd be skeptical that any sort of real argument could be made that EJ is making up for the expenses with smarter...
by DarkHelmetII
Mon Jun 04, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Property management company
Replies: 3
Views: 520

Re: Property management company

choice property: https://choiceproperty.us/.

PM me for more specifics if you want
by DarkHelmetII
Mon Jun 04, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Should I use an HSA?
Replies: 15
Views: 1393

Re: Should I use an HSA?

Across the healthcare options based on three different employers, upon running the numbers I have found the HSA / high-deductible plan to be a near no-brainer. If you are healthy, obviously you win. In "worst case" scenario, between the premium savings and tax benefits I found that I near break-even...
by DarkHelmetII
Fri Jun 01, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth
Replies: 9
Views: 822

Re: Back Door Roth

FiveK wrote:
Fri Jun 01, 2018 1:42 pm
In case the horse isn't dead yet: there is no need to wait.

Probably more than you need to know at Backdoor Roth / step-transaction doctrine news: [Congress recognizes process] - Bogleheads.org.
Thanks ... obviously I needed to read up on this!
by DarkHelmetII
Fri Jun 01, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth
Replies: 9
Views: 822

Re: Back Door Roth

If super paranoid about IRS enforcing step doctrine, wait. Otherwise do it immediately.
by DarkHelmetII
Fri Jun 01, 2018 6:15 am
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 964

Re: Picking bonds for my HSA

Any investment in an HSA is taxed in CA unless it is exempt from CA tax. Is this true? I thought that California did not give the state tax deduction upon contributing but otherwise operated as in other states. Please correct me if I am wrong. So when people refer to HSAs as triple-tax advantaged (...
by DarkHelmetII
Thu May 31, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 964

Re: Picking bonds for my HSA

Since 1978, a split of 40% Large Cap Equities / 24% Long-Term Treasury Bonds / 36% Long-Term Corporate Bonds has had a return of 10.05% (before fees) with max draw-down of -20.50% and worst year of -8.58%. I came up with the Treasury / Corporate split based on reading from Vanguard that VBLTX is 40%...
by DarkHelmetII
Thu May 31, 2018 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Picking bonds for my HSA
Replies: 10
Views: 964

Re: Picking bonds for my HSA

[ DELETED ]
by DarkHelmetII
Thu May 31, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1153

Re: Help?

manedark wrote:
Thu May 31, 2018 1:19 pm
I would have said think about state Munis bond funds to avoid the huge 19% state tax, but that's only if you want to hold more bond funds in taxable account.
Is 19% state tax even possible? I assumed it was a typo. Unless this is some extreme NY State + New York City tax?
by DarkHelmetII
Thu May 31, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help?
Replies: 16
Views: 1153

Re: Help?

For the sake of something to react to (original poster and other posters) have laid out illustrative executable steps to consider: 1) Move all of IRA into Vanguard Federal Money Market Fund (first you need to setup an IRA through Vanguard). 2) Move $100,000 of your emergency fund into a Vanguard Bro...
by DarkHelmetII
Wed May 30, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead Expertise Wanted (& Appreciated!)
Replies: 15
Views: 1673

Re: Boglehead Expertise Wanted (& Appreciated!)

Variable Annuity - Vanguard Balanced is the equivalent of Vanguard Wellington fund. Is this necessarily the case? My understanding is that Vanguard Variable Annuity Balanced Portfolio uses bonds with long-term average weighted maturity (https://personal.vanguard.com/us/funds/snapshot?FundId=0069&Fu...
by DarkHelmetII
Wed May 30, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead Expertise Wanted (& Appreciated!)
Replies: 15
Views: 1673

Re: Boglehead Expertise Wanted (& Appreciated!)

On the 529, I think you should consider moving some or all into the 529. Rationale being: Let's assume "worst case", neither child goes to college and you withdraw the money for non-educational expenses. When you withdraw you will pay ordinary income tax + 10% penalty. BUT ... you don't pay any taxe...
by DarkHelmetII
Wed May 30, 2018 5:41 am
Forum: Personal Finance (Not Investing)
Topic: Advice for Career Change from HR Benefits to Analytic/STEM Role
Replies: 16
Views: 1666

Re: Advice for Career Change from HR Benefits to Analytic/STEM Role

My thoughts (realize I am late to getting on this thread): 1) Overall agree to consider staying somewhere in the HR space to utilize your domain knowledge and internal contacts (assuming you stayed at current job). 2) Look for ways to bring data-driven decision-making to HR. Most HR people I've run ...
by DarkHelmetII
Tue May 29, 2018 9:01 am
Forum: Forum Issues and Administration
Topic: Analysis of Topics - Has This Ever Been Done?
Replies: 13
Views: 1350

Analysis of Topics - Has This Ever Been Done?

Hello - out of curiosity, has there ever been any analysis done on the types of discussion topics written about here on BH? For example calling out key recurring themes and frequency?
by DarkHelmetII
Tue May 29, 2018 6:34 am
Forum: Investing - Help with Personal Investments
Topic: Investments that are unique *and* sensible?
Replies: 19
Views: 2315

Re: Investments that are unique *and* sensible?

I think that a UL or VUL for a healthy insured and at the right age can be sensible for parking cash over several years. Can generally beat money market / CD rates from the fixed account and you get tax deferral advantages. Obviously want to do this with a low cost insurer like TIAA-CREF.
by DarkHelmetII
Fri May 25, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: low fee index fund suggestions
Replies: 15
Views: 1124

Re: low fee index fund suggestions

Vanguard Wellington (VWELX) has a minimum investment of $3,000 and expense ratio of 0.25%. The ~65% equities throw off dividends as well as the ~35% bonds. A good one-stop starting point that provides good long-term growth with a somewhat softened impact in downturns due to the bond holdings. But to...
by DarkHelmetII
Fri May 25, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Keep or sell primary residence condo after job move?
Replies: 23
Views: 1630

Re: Keep or sell primary residence condo after job move?

I echo sentiment 1) sell the condo, and 2) try to squeeze out a few $$ from new employer (if you are still negotiating) to help cover closing costs / realtor fees. Only one data point ... I had a job offer include $15,000 toward closing costs etc... once I mentioned a condo I would have to sell in o...
by DarkHelmetII
Thu May 24, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Exiting a variable annuity
Replies: 12
Views: 1128

Re: Exiting a variable annuity

Frank - by the way, love the user name (assuming Simpsons reference). Now to your question, my input below: 1) Based on the high fees (1.85% per year) where as you'd likely otherwise be in the neighborhood of 0.05% - 0.20% in Vanguard or similar, I'd say the math is pretty straight-forward that you ...
by DarkHelmetII
Thu May 24, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Switching jobs, what to do with 401k
Replies: 13
Views: 1285

Re: Switching jobs, what to do with 401k

IRA relative to 401k also has some reduced protections from creditors. Would like to think that is an outside chance of being an issue ... but if you have low cost / good options in previous employer's 401k then something to consider. Can also move from 401k to IRA down the road, but once you move t...
by DarkHelmetII
Thu May 24, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: MasterDex Ten [Annuity]
Replies: 2
Views: 250

Re: MasterDex Ten [Annuity]

masternotmuch - two points in reply: 1) Agreed with previous post that more details about the annuity would be helpful. Specifically a) what kind of annuity (e.g. immediate, fixed, variable) and b) more about the surrender charges. The 1035 provision protects you from incurring an IRS tax penalty bu...
by DarkHelmetII
Wed May 23, 2018 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life
Replies: 13
Views: 1179

Re: Whole Life vs Universal Life

With UL your money is not actually invested in equities. Per my understanding, this is not necessarily an accurate statement. The above is true for IUL - indexed universal life, where there is more of an indirect exposure with caps and floors. For VUL (Variable Universal Life), however, you really ...
by DarkHelmetII
Wed May 23, 2018 5:21 am
Forum: Investing - Help with Personal Investments
Topic: If you suddenly became a millionaire [exceed FDIC insurance limit]
Replies: 31
Views: 5070

Re: If you suddenly became a millionaire [exceed FDIC insurance limit]

Per their tax return from several years ago (2015 I think) Bill and Hillary had 4+ million in Vanguard S&P 500 Index. My point is ... low cost index funds can be relevant to those starting out with a few thousand dollars as well as to those who are truly very wealthy (e.g. "millionaires" as you call...
by DarkHelmetII
Tue May 22, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life
Replies: 13
Views: 1179

Re: Whole Life vs Universal Life

while with UL, you invest in equities. My understanding, at least with TIAA-CREF's UL product, is that UL is anything but like investing in equities. UL provides for a fixed account crediting rate. VUL gives you the option to put in whatever you want - bonds, equities etc... subject to what is avai...
by DarkHelmetII
Tue May 22, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Need Your Advice - Thank You
Replies: 11
Views: 944

Re: Need Your Advice - Thank You

a) Sounds like you believe there is some benefit to actively managing the portfolio based on i) downside protection, and ii) short-term trends. Ultimately your decision but prevailing sentiment here on BH is of course that to routinely "win" will be difficult. Consider actively managing say 5 - 10% ...
by DarkHelmetII
Tue May 22, 2018 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 12
Views: 1956

Re: Total Bond Market

What are the pro's and con's to continue to hold this fund is this steadily upward trend in yields? :? Thank You Might I suggest rewording the question: is there a role for bonds in my portfolio, and if so, what kind? Guess my point is that bonds are thought to serve a certain purpose in a portfoli...
by DarkHelmetII
Mon May 21, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting help deciding between HRA and HSA
Replies: 4
Views: 382

Re: Requesting help deciding between HRA and HSA

1) Based on what you have provided, on the HSA it appears as the only way you'd blow through deductible to the Max-out-of-pocket is if you needed some very expensive drugs. Because after $2,000 (in-network individual deductible) appears all medical care is 100% covered. 2) To confirm the above I wou...
by DarkHelmetII
Fri May 18, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in HSA Help
Replies: 4
Views: 635

Re: Investing in HSA Help

Optum Bank has decent Vanguard investment options such as Wellington. They do have a monthly fee but waived once you have $3,000 - $5,000 (I forget the exact threshold). Unfortunately threshold excludes investments portion unless you are grandfathered in from a prior plan (for example I was grandfat...
by DarkHelmetII
Tue May 15, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Large Personal Injury Settlement
Replies: 58
Views: 5155

Re: Large Personal Injury Settlement

Find an investment adviser / financial planner contractually bound to the fiduciary standard, not suitability standard. The former must work in your best interest whereas the latter, amazingly, does not have to. Added: nothing wrong with doing it yourself as others indicated. But IF you decided to g...
by DarkHelmetII
Tue May 15, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 65
Views: 4001

Re: Vanguard Junk Bond fund

Key reason I personally am not interested in junk bonds is medium-high correlation to market (as others have pointed out). Looking at long-term treasures or corporate bonds ... they of course have the increased interested rate sensitivity but much lower market correlation. So long-term bonds in tha...
by DarkHelmetII
Tue May 15, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 65
Views: 4001

Re: Vanguard Junk Bond fund

Key reason I personally am not interested in junk bonds is medium-high correlation to market (as others have pointed out). Looking at long-term treasures or corporate bonds ... they of course have the increased interested rate sensitivity but much lower market correlation. So long-term bonds in that...
by DarkHelmetII
Sat May 12, 2018 5:36 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24134

Re: Lucrative careers?

randomizer wrote:
Sat May 12, 2018 12:22 am
Machine Learning and Artificial Intelligence.
Tacking onto this, anything that has to do with numbers or data. Particularly non-traditional / unstructured data like images, call center transcriptions, converting publicly available information like 10k's into high value business decisions.
by DarkHelmetII
Sat May 12, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: First Post - On my feet?
Replies: 16
Views: 2293

Re: First Post - On my feet?

1) For what is currently a smallish HSA balance consider simplifying. 1b) Who is your HSA custodian? Interesting they offer Long-Term Bonds (selfishly more for my learning). 2) I personally liquidate my ESPP share purchases immediately triggering ordinary tax instead of long-term capital gains taxes...
by DarkHelmetII
Fri May 11, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Beyond 401k, IRA, 529, mortgage
Replies: 22
Views: 1104

Re: Beyond 401k, IRA, 529, mortgage

Forgot HSA (thank you packerguy) ... definitely do that if you can get HSA compliant health insurance. Assuming you are in highish tax bracket. Above the line deduction ... invest it!
by DarkHelmetII
Fri May 11, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Beyond 401k, IRA, 529, mortgage
Replies: 22
Views: 1104

Re: Beyond 401k, IRA, 529, mortgage

half to mortgage and half to S&P 500 (taxable)
just my 2 cents

simplicity plus a little piece of mind accelerating getting that home loan principal down
by DarkHelmetII
Fri May 11, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral vs Investor shares
Replies: 4
Views: 635

Re: Vanguard Admiral vs Investor shares

not aware of any downsides other than taking the time to click the button and make sure no irregular technology snafus occur
by DarkHelmetII
Wed May 09, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Please talk me into saving more in retirement instead of home down payment
Replies: 13
Views: 2272

Re: Please talk me into saving more in retirement instead of home down payment

At $1,200 rent and other factors, I am also in the rent camp. Buying has advantages but disadvantages too. Based on what I am reading, I see far from a compelling reason to purchase a home.
by DarkHelmetII
Tue May 08, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: CA muni bonds v US bonds in taxable account?
Replies: 38
Views: 3288

Re: CA muni bonds v US bonds in taxable account?

Traditionally, munis did fine in equity market crashes, perhaps not quite as well as treasuries, but well. If you look at a 25-year chart comparing VWIUX, VLMTX, VCLAX, and VFIUX (intermediate treasury fund), you'll see they all held up well in the 2000-2002 market crash. Heads up medium term munis...
by DarkHelmetII
Sat May 05, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Book Recommendation Needed
Replies: 3
Views: 439

Re: Book Recommendation Needed

Two books I have found helpful are: Random Walk Down Wall Street Why the best-laid investment plans usually go wrong Neither of these (to my recollection) explicitly answer your question around the benefit / need to further diversify with respect to mid / small cap and international. But nonetheless...
by DarkHelmetII
Tue May 01, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Home down payment fund
Replies: 5
Views: 523

Re: Home down payment fund

1: you pay Fed + state tax 2: you pay no tax 3: you pay state tax only #1 is most reliable but highest taxes. though also highest pre-tax return. none are FDIC insured to my knowledge. I'd almost go for FDIC insured MM and get similar rates. by going to CA only you are starting to get some concentra...
by DarkHelmetII
Tue May 01, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: When/how did you start teaching your child about personal finance?
Replies: 34
Views: 2601

Re: When/how did you start teaching your child about personal finance?

My dad opened up IRA for me when I was in college. Because my parents were paying for college (very lucky I know) I would literally just give them all of my checks from various summer internships. With that money my dad helped me put a few thousand into an IRA. Which got me thinking in general about...
by DarkHelmetII
Tue May 01, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Recommendation on bond vehicle
Replies: 8
Views: 821

Re: Recommendation on bond vehicle

Low cost Universal Life Insurance policy (Tiaa-cref, Ameritas). Then 1035 into a VUL to drop the death benefit and maintain non-MEC status. Tax-deferred (not tax-free). Not sure of your age and health ... obviously will be better the younger and healthier you are. Leave most / all funds in fixed acc...
by DarkHelmetII
Mon Apr 30, 2018 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Newbie - 529 Help
Replies: 18
Views: 1215

Re: Newbie - 529 Help

Setup a weekly recurring investment over 12 months to get the $$ into the market and overcome behavior / emotion. Just my 2 cents.
by DarkHelmetII
Mon Apr 30, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: HSA question
Replies: 5
Views: 381

Re: HSA question

My absolutely unofficial / non-validated response: I personally see greater risk for the $1,000 than the investments. For the investments you own a fraction of each company in the index etc... and Health Equity in a way is nothing more than an intermediary. I would imagine the $1,000 in "cash" is cl...
by DarkHelmetII
Mon Apr 30, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Help defining needs for Will / Estate plan
Replies: 17
Views: 1133

Re: Help defining needs for Will / Estate plan

Thank you all for all of the inputs! A few points in response: 1) Yes, we have decided on a guardian for our child. 2) Can we screw up the Will so badly that we (or more specifically our child / beneficiaries) would have been better off with no Will vs. a "botched" Will? What I am getting at, not ju...
by DarkHelmetII
Mon Apr 30, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Can Employer Set 401k Contribution Limit Below IRS Limit?
Replies: 33
Views: 2509

Re: Can Employer Set 401k Contribution Limit Below IRS Limit?

At my last job as an HCE I was limited to about 1-1/2% of pay - because of a low contribution rate of non-HCEs. Fundamental driver in this case is IRS, however, not so much the employer, correct? If enough non-HCE employees are contributing, or it’s a safe harbor plan, then the HCE’s don’t have the...
by DarkHelmetII
Sun Apr 29, 2018 5:35 am
Forum: Personal Finance (Not Investing)
Topic: Help defining needs for Will / Estate plan
Replies: 17
Views: 1133

Re: Help defining needs for Will / Estate plan

Thank you for the replies. Legalzoom package includes multiple consultations with an attorney. Is this "enough" or still cheaping out?

We can certainly afford the thousands of dollars I expect this to cost. But still don't want to fork it all over if there's a better way.
by DarkHelmetII
Sun Apr 29, 2018 5:33 am
Forum: Investing - Help with Personal Investments
Topic: Can Employer Set 401k Contribution Limit Below IRS Limit?
Replies: 33
Views: 2509

Re: Can Employer Set 401k Contribution Limit Below IRS Limit?

Dale_G wrote:
Sat Apr 28, 2018 11:39 pm
At my last job as an HCE I was limited to about 1-1/2% of pay - because of a low contribution rate of non-HCEs.
Fundamental driver in this case is IRS, however, not so much the employer, correct?
by DarkHelmetII
Sat Apr 28, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help defining needs for Will / Estate plan
Replies: 17
Views: 1133

Help defining needs for Will / Estate plan

Hello - my wife and I need help with the below. I am not sure if this is a Will, estate plan, a little bit of both etc.... Where do we start? Can I use legalzoom or similar? My wife wants to use a traditional attorney and I am not sure we need to pay all of the money to do that. In plain English, he...
by DarkHelmetII
Fri Apr 27, 2018 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: PPO plan w/ high deductible, can use w/ HSA or not?
Replies: 11
Views: 649

Re: PPO plan w/ high deductible, can use w/ HSA or not?

My understanding: PPO simply describes the network / referral arrangement and has nothing intrinsic to do with HSA eligibility. You can have PPO HSA compatible, PPO non-HSA compatible, HMO HSA compatible, HMO non-HSA compatible etc.... What matters for HSA compatibility is defined by IRS with respec...