Search found 5417 matches

by JBTX
Mon Nov 11, 2019 11:07 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 113
Views: 13010

Re: Debunking Bonds in Taxable

I though that it usually makes sense to have tax efficient equity funds in taxable and bonds in tax deferred. Equities have higher expected returns, so in taxable they will be taxed at lower cap gains rate, especially when drawing off them during retirement (if you need to) before dipping into trad...
by JBTX
Mon Nov 11, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be audited?
Replies: 39
Views: 2936

Re: Will I be audited?

So basically do you want to insure against the very low probability of needing a CPA to assist with an audit, which would cost what, maybe $500?
by JBTX
Mon Nov 11, 2019 9:55 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 113
Views: 13010

Re: Debunking Bonds in Taxable

I though that it usually makes sense to have tax efficient equity funds in taxable and bonds in tax deferred. Equities have higher expected returns, so in taxable they will be taxed at lower cap gains rate, especially when drawing off them during retirement (if you need to) before dipping into trad...
by JBTX
Mon Nov 11, 2019 4:32 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164153

Re: [What TV Show Have You Recently Watched?]

I watched Season 5 of Peaky Blinders yesterday. It ended on a cliffhanger for a major character. I enjoy the series and the actors and their characters. Sometimes the music is a bit much. I do at times have trouble keeping all the characters straight in my mind. Rumors are out that a Season 6 may b...
by JBTX
Mon Nov 11, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164153

Re: [What TV Show Have You Recently Watched?]

Yellowstone - liked it quite a bit. Dark, at times a bit over the top and almost sons of anarchy ish. Watchmen - still not sure what to think. I'm intrigued. Was a little turned off with the comic book feel but captivated by what the heck is going on. Jack Ryan season 2 - pretty meh. Just interestin...
by JBTX
Mon Nov 11, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: I think my friend is already financially independent (through a fantastic bitcoin investment), can you confirm?
Replies: 44
Views: 5853

Re: I think my friend is already financially independent (through a fantastic bitcoin investment), can you confirm?

Is he financially independent? For now, yes. Can he quit his job now he hates? Yes. However if it were me I'd like to at least have a plan as to what is next If nothing ever changes can he milk this for life? Theoretically yes. Should he retire permanently? No, a lot can happen over 50 plus years. I...
by JBTX
Sun Nov 10, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?
Replies: 53
Views: 4991

Re: After 2 weeks on new job, I am wanting to return to my old job, this is a terrible idea right?

Here is the situation, I appreciate your thoughts: I left a good job at a small company (product based, software company), I was only there for 2 years but I made an impact and was well liked by most people in the company, including the companies senior leadership. The compensation was exceptionall...
by JBTX
Sun Nov 10, 2019 2:38 pm
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 80
Views: 4460

Re: If you were forced to pick an alternative asset...

Alpacas.

Orange Juice futures.

In before the lock.
by JBTX
Sun Nov 10, 2019 2:36 pm
Forum: Personal Consumer Issues
Topic: My married son's employer health insurance - HDHP
Replies: 8
Views: 609

Re: My married son's employer health insurance - HDHP

Pretty sure jbmitt is correct. Maternity care now has to be covered due to ACA, and the actual birth of child is qualifying event for changing plan to family. All that assumes total charges exceed the deductible.
by JBTX
Sun Nov 10, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: BOA card - Preferred platinum and property taxes
Replies: 10
Views: 1547

Re: BOA card - Preferred platinum and property taxes

I like to use property taxes for cards with large upfront bonuses and larger than average spend requirements.
by JBTX
Sun Nov 10, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Do you charge your employer for the time that you spend working on your off days?
Replies: 140
Views: 6916

Re: Do you charge your employer for the time that you spend working on your off days?

I am salaried, mostly work at home and occasionally take calls emails or texts out of business hours. It isn't enough to be burdensome, I figure if I can help others when they are working off hours why not be helpful. Plus I don't feel bad if during regular business hours I may do some non business ...
by JBTX
Sun Nov 10, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Giving away cat that has microship...
Replies: 13
Views: 1903

Re: Giving away cat that has microship...

My cat is microshipped and registered to my name, will be moving soon and will not be able to take her with me so I will be finding her a new home. Would there be any issues if the microship still registered to my name after giving her away? Asking because I may not have the time to change the regi...
by JBTX
Fri Nov 08, 2019 10:00 am
Forum: Investing - Theory, News & General
Topic: US Bonds in free fall
Replies: 46
Views: 4635

Re: US Bonds in free fall

I hardly think a minor upward yield adjustment over one market day is properly described as free fall. PJW BIV has dropped 1% in the last 2 days... that amounts to 50% of it's SEC yield. I would definitely call that free fall... it's all relative to the asset class' typical performance. 1% drop for...
by JBTX
Thu Nov 07, 2019 8:31 pm
Forum: Personal Investments
Topic: Partial year HSA
Replies: 3
Views: 192

Re: Partial year HSA

Uggh. That's what I thought. I vaguely knew about this when I signed up, but figured it was worth the risk and a switch to a non HSA plan next year was unlikely. The plans changed and our situation changed a bit so I'm not sure which direction I'll go next year. It would be roughly $1200 of tax and ...
by JBTX
Thu Nov 07, 2019 8:04 pm
Forum: Personal Investments
Topic: Partial year HSA
Replies: 3
Views: 192

Partial year HSA

Suppose a new company starts a benefit plan in June, which would be 7 months of the calendar year. One medical benefit option is HDHP plan W HSA. During that 7 months you contribute full $7000. Next year you switch to non HSA eligible option within the same company. Does that mean you will owe taxes...
by JBTX
Thu Nov 07, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2655

Re: Maximize 1 Day at Disney

Thank you - we have been to both (Calif and Orlando) and in this case Disneyworld is the one we are asking about. My kids have been to both as well. If you go to amusement parks for the rides (particularly roller coasters), Disney (land or world) is not the place. Sorry they are not for you guys - ...
by JBTX
Thu Nov 07, 2019 3:42 pm
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2655

Re: Maximize 1 Day at Disney

"They have no interest to go back as they want to go to other amusement parks where they find the rides more to their liking." Which other theme parks? How long since you have been back to Disney? FWIW, my kids (7 and 4) have been to Disneyland 3x, including in September, and they much prefer Knott...
by JBTX
Thu Nov 07, 2019 10:41 am
Forum: Personal Consumer Issues
Topic: Maximize 1 Day at Disney
Replies: 48
Views: 2655

Re: Maximize 1 Day at Disney

Google magic kingdom in one day. You will get strategies about how to get the most done. Make sure to get tickets before you get there or pick them up at will call. Get there before park opens. If you stay at certain Disney hotels you may get to go in an hour early. As others have said you will get ...
by JBTX
Wed Nov 06, 2019 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage to prepay or not prepay
Replies: 79
Views: 5480

Re: Mortgage to prepay or not prepay

I was just wondering where individuals thought the collective Boglehead group was on the subject. I know the majority of investing subjects there is a general consensus on broad principles. My thinking is it’s probably 60% prioritize taxable investing over prepay mortgage. I figured others had a be...
by JBTX
Tue Nov 05, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: How common is ACH fraud on checking accounts?
Replies: 55
Views: 10227

Re: How common is ACH fraud on checking accounts?

My savings account was drained via ACH. The account information was never public to begin with so I don't know how they got that information. You aren't going to like my answer, but I might suggest the most common cause is probably bank error. A bit scary if that is the reason though. Also, old ban...
by JBTX
Tue Nov 05, 2019 7:51 pm
Forum: Investing - Theory, News & General
Topic: Are Monopolies efficient?
Replies: 10
Views: 461

Re: Are Monopolies efficient?

Your question makes no sense. Define efficiency. Is the price of oil set by a cartel efficient? Are prices set by a monopoly efficient? (I am including Oligopoly and Cartels in the definition of Monopoly) The price of oil is set by supply and demand. What does a cartel pricing mean then? They manag...
by JBTX
Tue Nov 05, 2019 7:46 pm
Forum: Investing - Theory, News & General
Topic: Saudi Aramco, a microcosm of International Equities issues.
Replies: 26
Views: 1442

Re: Saudi Aramco, a microcosm of International Equities issues.

How does the market *accurately* price in that their extraction, processing or distribution facilities might (as happened in the last six weeks) or might not be militarily attacked? Intellectually honest people know that the answer to the above is “It can’t.” If accurate price discovery isn’t a con...
by JBTX
Tue Nov 05, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: Are Monopolies efficient?
Replies: 10
Views: 461

Re: Are Monopolies efficient?

TomCat96 wrote:
Tue Nov 05, 2019 7:31 pm
JBTX wrote:
Tue Nov 05, 2019 7:30 pm
Your question makes no sense. Define efficiency.
Is the price of oil set by a cartel efficient?
Are prices set by a monopoly efficient?


(I am including Oligopoly and Cartels in the definition of Monopoly)
The price of oil is set by supply and demand.
by JBTX
Tue Nov 05, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dormant sole proprietorship checking balance - uses?
Replies: 2
Views: 207

Re: Dormant sole proprietorship checking balance - uses?

You can do whatever you want with it. There is no need to keep it separate.
by JBTX
Tue Nov 05, 2019 7:30 pm
Forum: Investing - Theory, News & General
Topic: Are Monopolies efficient?
Replies: 10
Views: 461

Re: Are Monopolies efficient?

Your question makes no sense. Define efficiency.
by JBTX
Tue Nov 05, 2019 7:28 pm
Forum: Investing - Theory, News & General
Topic: Saudi Aramco, a microcosm of International Equities issues.
Replies: 26
Views: 1442

Re: Saudi Aramco, a microcosm of International Equities issues.

How does the market *accurately* price in that their extraction, processing or distribution facilities might (as happened in the last six weeks) or might not be militarily attacked? Intellectually honest people know that the answer to the above is “It can’t.” If accurate price discovery isn’t a con...
by JBTX
Tue Nov 05, 2019 3:45 pm
Forum: Personal Investments
Topic: Retirement
Replies: 21
Views: 2702

Re: Retirement

I’m currently 37 years old and if I were to invest 20% of my income yearly for the next 30 years at a modest 5% return I could retire at 67 years of age with $4 million. $4 million would be 25x my expenses. I also still have student loans to pay off as well as a big mortgage and car loan. Meaning I...
by JBTX
Mon Nov 04, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Wife's car hit in a parking lot - how to deal with various issues?
Replies: 51
Views: 3663

Re: Wife's car hit in a parking lot - how to deal with various issues?

If you're you go through an insurance company the repair rates will likely be substantially lower. I was hit by a third party company hit me, and I went to their insurance company Allstate and they estimated a price, let's say $X. The company wanted to handle and pay it directly. So I went to a repa...
by JBTX
Sun Nov 03, 2019 5:05 pm
Forum: Investing - Theory, News & General
Topic: Nominal or inflation-protected bonds?
Replies: 42
Views: 2751

Re: Nominal or inflation-protected bonds?

I continue to reflect, as I have been, on what long-term changes I want to make to my asset allocation. Recently, I've spent considerable thought exploring lifecycle investing. The notion of constructing a "bulletproof" portfolio with a floor of inflation-protected securities and an aspirational po...
by JBTX
Sun Nov 03, 2019 4:59 pm
Forum: Investing - Theory, News & General
Topic: Nominal or inflation-protected bonds?
Replies: 42
Views: 2751

Re: Nominal or inflation-protected bonds?

Vanguard Total Bond Market Index Fund was introduced by Jack Bogle in 1986. I too, was concerned about its performance during a period of high inflation so I studied the returns of its benchmark index--The U.S. Aggregate Bond Index which goes back to 1976. The worst U.S. inflation since 1976 was du...
by JBTX
Sun Nov 03, 2019 4:54 pm
Forum: Investing - Theory, News & General
Topic: Nominal or inflation-protected bonds?
Replies: 42
Views: 2751

Re: Nominal or inflation-protected bonds?

I continue to reflect, as I have been, on what long-term changes I want to make to my asset allocation. Recently, I've spent considerable thought exploring lifecycle investing. The notion of constructing a "bulletproof" portfolio with a floor of inflation-protected securities and an aspirational po...
by JBTX
Sun Nov 03, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3667

Re: No out of network coverage

Company is dropping out of network coverage for all but the most expensive low deductible medical plan option. I haven't used OON for years and don't plan to, but it is nice knowing it is there for emergencies or unusual situations. Most plans cover emergency situations out of network. Check your p...
by JBTX
Sun Nov 03, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3667

Re: No out of network coverage

Be aware, you might think this out of network coverage issue is for a special acute medical problem, but out of network coverage can occur at a local covered hospital by ER and anesthesiologist. You check your networks and think you are going to a network facility but you need to be sure everybody ...
by JBTX
Sun Nov 03, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Silver Health Plan
Replies: 10
Views: 1034

Re: Bronze vs Silver Health Plan

I am choosing a health plan for next year (company-provided for retirees) and there are the usual Bronze/Silver/Gold designations. Based on the deductibles, coinsurance, and out-of-pocket maximums it appears that the Bronze plan is superior at almost every level of spending in terms of total cash o...
by JBTX
Sun Nov 03, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to revise FSA dependent care claims?
Replies: 5
Views: 285

Re: Is it possible to revise FSA dependent care claims?

If you can't work it out, there may be a way to find a friend that can babysit, pay them the amount in full in exchange for eligible dependent care for the remainder of the year. They'd just have to be willing to give you their social security. Many years ago we did something like this for more than...
by JBTX
Sun Nov 03, 2019 12:18 am
Forum: Personal Consumer Issues
Topic: Alternative to Spectrum Cable Internet
Replies: 24
Views: 1489

Re: Alternative to Spectrum Cable Internet

I saw a promotional for new spectrum customers and called and eventually got it even though I was an existing customer. I think the phone rep just made a mistake. It caused some confusion and required a couple of phone calls but eventually they honored it. About $25 a month.
by JBTX
Sun Nov 03, 2019 12:06 am
Forum: Investing - Theory, News & General
Topic: When someone says “X is a $120 million dollar company” what does that mean?
Replies: 20
Views: 2277

Re: When someone says “X is a $120 million dollar company” what does that mean?

I hear it more often referring to revenue. +1 That is usually the context I hear -- whether for public or privately traded companies. Gross revenue. I concur, almost always this phrasing refers to revenue. Yes, when I hear that I assume they're talking about gross revenue or sales. But it's a littl...
by JBTX
Sat Nov 02, 2019 6:48 pm
Forum: Personal Investments
Topic: Employee stock purchase plan - a no-brainer?
Replies: 11
Views: 1080

Re: Employee stock purchase plan - a no-brainer?

Yes no brainer. I'd do that in a heartbeat. $3000 free money a year.
by JBTX
Sat Nov 02, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3667

Re: No out of network coverage

Would you save the 6k? If you would save it most likely you are ok. Most of it. I am not overly concerned about a scenario that I have to pay 4 figures, or even low five figures, in a worst case scenario. That would suck but ultimately we can afford it and that is a risk I'm willing to take. I am m...
by JBTX
Sat Nov 02, 2019 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3667

Re: No out of network coverage

Is having no out of network coverage a risk worth being concerned about? What are you concretely going to do about it beyond being concerned? Buy your own private insurance? Quit your job? I'm actually curious what you would do with the results of this thread. Has it reached the point where people ...
by JBTX
Sat Nov 02, 2019 12:43 am
Forum: Investing - Theory, News & General
Topic: Justifying Non World Market Cap
Replies: 38
Views: 2316

Re: Justifying Non World Market Cap

Another argument that you didn't mention (at least not explicitly) is the home bias, which most investors face, even if they live in Germany, or Peru... For U.S. investors, the vast majority of them will need to spend from their portfolios in U.S. dollars, not euros or yen or any other currency. So...
by JBTX
Sat Nov 02, 2019 12:26 am
Forum: Personal Investments
Topic: Reduce oil/coal investments seeing as they are doomed
Replies: 16
Views: 1452

Re: Reduce oil/coal investments seeing as they are doomed

I guess I’ll stare at the future and just do nothing!!! Which I’m totally okay with. Stick with my three fund! Back in the early 1970's, the chicken-little-sky-is-falling types were lamenting that by 2000, peak oil production will have been reached. Even shortly after 2000 peak oil was still a thin...
by JBTX
Sat Nov 02, 2019 12:10 am
Forum: Personal Finance (Not Investing)
Topic: No out of network coverage
Replies: 61
Views: 3667

No out of network coverage

Company is dropping out of network coverage for all but the most expensive low deductible medical plan option. I haven't used OON for years and don't plan to, but it is nice knowing it is there for emergencies or unusual situations. It seems to me there is now a (very) remote risk of having to choos...
by JBTX
Fri Nov 01, 2019 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Freezing Credit? Questions 2019
Replies: 19
Views: 1614

Re: Freezing Credit? Questions 2019

I held out for a little while but finally froze three credit bureaus plus chex systems plus innovis. I frequently open new credit cards and bank accounts for bonuses, but it only takes a about five minutes to temporarily open all 4, and and they freeze back automatically when inset them to. There ar...
by JBTX
Tue Oct 29, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Cash Back Bonuses - Race to $10k
Replies: 28
Views: 5150

Re: Cash Back Bonuses - Race to $10k

This is for 2019 (so far): Credit Cards Capital One Savor (me) $500 cash back Chase Southwest (wife) $1,100 estimated value (65k miles) Chase United (me) $620 estimated value (40k miles) B of A Premier Rewards (wife) $500 cash back US Bank Business Cash (me) $500 cash back US Bank Business Cash (wi...
by JBTX
Tue Oct 29, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Cash Back Bonuses - Race to $10k
Replies: 28
Views: 5150

Re: Cash Back Bonuses - Race to $10k

Between credit card and bank bonuses I've exceeded $10k in total over the last 2+ years, not including ongoing rewards points. It helps a lot if you can claim a small business and have an IRS business tax ID. Currently pursuing for spouse and I: BOA cash back rewards: $200 times 2 BOA travel rewards...
by JBTX
Tue Oct 29, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: bipolar/alcoholic/broke/jail time - how to move forward financially?
Replies: 37
Views: 4493

Re: bipolar/alcoholic/broke/jail time - how to move forward financially?

Guardianship. Had a relative bipolar and manic. Nothing you can do to make them self sufficient. You are using one extreme example to stereotype everyone who has this diagnosis. A more typical example is someone who needs to take one prescription daily and sees a doctor for 30 minutes every month o...
by JBTX
Mon Oct 28, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164153

Re: [What TV Show Have You Recently Watched?]

Stumbled upon "The Sinner" on Netflix. Really liked it. Originally a USA network show. 2 seasons. Instead of being a "who dunnit", you know who did it, but the entire season is figuring out why they did it. Slow and deliberately paced. The common theme of pretty much throughout is people can be basi...
by JBTX
Mon Oct 28, 2019 4:56 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164153

Re: [What TV Show Have You Recently Watched?]

Hollywood loves making dark, dystopian, end-of-days "entertainment" these days. Why is this stuff entertaining? I have gotten about 20 people to watch a gem called Heartland (on Netflix, Prime and Hulu). It is the longest running show in Canadian Broadcasting Company history, currently going into S...
by JBTX
Sun Oct 27, 2019 6:48 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20449

Re: I’m done with index funds

70 basis point fee. Every year. $70,000 fee for every $10 million invested. Every year. Dead stop for me right there. Sorry, but I can’t see it. I agree. This is not something that would interest me. No offense, but many Bogleheads have developed a dogmatic, blindsided approach based exclusively on...