Search found 5431 matches

by JBTX
Sat Nov 16, 2019 9:51 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

Re: Debunking Bonds in Taxable

So then why not put bonds in Roth? Because the long term expected return of stocks is much larger. Again.. this is a fake argument if you rebalance so your overall portfolio (Roth, 401k, taxable) keeps a constant AA If fake=correct I agree. Your use of fake as a descriptor is needlessly condescendi...
by JBTX
Sat Nov 16, 2019 9:49 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

Re: Debunking Bonds in Taxable

Can we finally stop the mantra on here that bonds belong in tax advantaged first? And maybe update the wiki too to not be so biased. I think the rule of thumb is still bonds in tax advantaged most of the time. It's just important to realize there are exceptions to it, particularly at low interest r...
by JBTX
Fri Nov 15, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 72
Views: 4602

Re: Are complicated credit card cash back strategies worth it?

As to the on going rewards, once you get a system set up it doesn't take that much more work. Is that worth an additional $1k per year? How many people spend 50k/yr (4%) or 100k/yr (3%) more in these specialized categories than just using the 2% card? Does you really want to carry around 20 cards s...
by JBTX
Thu Nov 14, 2019 5:02 am
Forum: Investing - Theory, News & General
Topic: If you were forced to pick an alternative asset...
Replies: 101
Views: 6066

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

I considered buying shares of farmland. Has low volatility, generates income, and historically has gone up every year in price. Go to acretrader.com to learn more. Also https://www.bogleheads.org/forum/viewtopic.php?f=1&t=282606&p=4651578#p4651578 The idea has some appeal, but before 2007 people sa...
by JBTX
Thu Nov 14, 2019 4:42 am
Forum: Personal Consumer Issues
Topic: Los Angeles to San Francisco Roadtrip
Replies: 29
Views: 1971

Re: Los Angeles to San Francisco Roadtrip

I decided to do the same think decades ago. Was in LA area and just started driving up route one. Before long I realized route one in LA area goes through some very industrial areas and other urban areas that aren't at all scenic. At that point I think I diverted to the freeway and went up to somewh...
by JBTX
Thu Nov 14, 2019 4:32 am
Forum: Personal Finance (Not Investing)
Topic: Are complicated credit card cash back strategies worth it?
Replies: 72
Views: 4602

Re: Are complicated credit card cash back strategies worth it?

"Worth it" is obviously a subjective and relative criteria. We spend more than average, and that has nothing to do with credit card bonuses. The last 2+ years have probably made around $4-5k per year in up front credit card and bank account bonuses, and another $2k+ in ongoing cash back rewards. Is ...
by JBTX
Wed Nov 13, 2019 3:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard and basketball
Replies: 14
Views: 1562

Re: Vanguard and basketball

I'm a college football junkie. I've been seeing A LOT of Vanguard TV ads all season. Well actually, just one ad, over and over and over and over again. Especially on CBS during the 3:30pm EST SEC game. It doesn't help that it's incredibly irritating. https://www.youtube.com/watch?v=JiPHXDf0xUs We w...
by JBTX
Tue Nov 12, 2019 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 26
Views: 1636

Re: Online MBA - Worth It?

Depends on where from. I would say an online for profit MBA is of marginal value. An MBA is basically a business degree for people who already have another degree. What differentiates some programs are the participants, the interactive experience and networking opportunities. I'm not sure what getti...
by JBTX
Tue Nov 12, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible insurance vs basic
Replies: 6
Views: 447

Re: High deductible insurance vs basic

It really depends on the specifics of the plan. In some cases the HDHP plan wins between total premiums and out of pockets even in the most expensive scenarios.

One area where they can get you is if you purchase tier 3 meds.

I'd do the math before making the decision.
by JBTX
Tue Nov 12, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

Re: Debunking Bonds in Taxable

Kevin in this thread basically comes to a similar conclusion as I have here and articulates it better.


viewtopic.php?f=10&t=95676
by JBTX
Tue Nov 12, 2019 3:19 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

Re: Debunking Bonds in Taxable

The answer depends on the specifics. You can easily build scenarios that favor either. However, I built a spreadsheet that compares the scenarios, and if you assume 15% cap gains or 22/24% ordinary tax rates, both during and after sale, and something like a 2% dividend rate, typically if the rate o...
by JBTX
Tue Nov 12, 2019 2:45 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

Re: Debunking Bonds in Taxable

One other thing I forgot to add - over the long term, say 10-20 years, your equity position will be growing much faster than your bond position. This means that the income that is generated from that position will also grow much faster and so will the tax liability. Having those equities in your ta...
by JBTX
Tue Nov 12, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

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
Tue Nov 12, 2019 2:33 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

Re: Debunking Bonds in Taxable

If stocks earn 10% a year and taxed at 15% and bonds earn 2% and taxed at 22%, which would you rather have in taxable? If that seems extreme, then do 8% and 3%, 7% and 3.5%. etc etc. Stocks, in my case tax efficient index/passive equity funds in taxable. With the higher expected returns, I'll have ...
by JBTX
Mon Nov 11, 2019 11:07 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 143
Views: 15065

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: 51
Views: 4210

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: 143
Views: 15065

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: 165692

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: 165692

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: 49
Views: 6969

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: 64
Views: 6352

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: 101
Views: 6066

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: 641

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: 1598

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: 145
Views: 7550

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: 1996

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: 4673

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: 193

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: 193

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: 2672

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: 2672

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: 2672

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: 82
Views: 6189

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: 10284

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: 465

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: 1454

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: 465

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: 210

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: 465

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: 1454

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: 2712

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: 61
Views: 4216

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: 2788

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: 2788

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: 2788

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: 3673

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: 3673

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: 1039

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: 289

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: 1492

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.