Search found 274 matches

by Pigeye Brewster
Tue Jan 22, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 67
Views: 6905

Re: Vanguard Tax Forms Now Online

Can those of you who have 2018 tax forms tell us the final qualified dividend percentage for Vanguard Total Stock? Vanguard Total International (VTIAX) is 74.58% for me. For the Total Stock Admiral shares, I'm getting 94.0099%. I'm showing the same percentage as you are for the International Admira...
by Pigeye Brewster
Sun Jan 20, 2019 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: 401k + aftertax 401k -> roth methodology
Replies: 20
Views: 1463

Re: 401k + aftertax 401k -> roth methodology

There is an actual deferral percentage (ADP) test on employee deferrals and an actual contribution percentage (ACP) test on employer contributions. Those two tests are not required in safe harbor 401k plans. However, ACP testing is always required on employee after-tax contributions. You have not d...
by Pigeye Brewster
Fri Jan 18, 2019 11:09 pm
Forum: Investing - Theory, News & General
Topic: Is Fidelity Zero Fund BETTER than Fidelity Expense Ratio Fund
Replies: 58
Views: 5796

Re: Is Fidelity Zero Fund BETTER than Fidelity Expense Ratio Fund

MisterMister wrote:
Mon Jan 14, 2019 8:32 am
Right now Vanguard Admiral funds cannot be held at Fidelity, for example.
But many Vanguard Admiral funds can be converted into their ETF equivalents (with no tax consequences since they are simply a different share class of the same fund). And the ETFs are portable and can be held at Fidelity.
by Pigeye Brewster
Fri Jan 18, 2019 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: etf vs index funds . tax efficiency
Replies: 16
Views: 624

Re: etf vs index funds . tax efficiency

It is my understanding this is unique to Vanguard. This is spot on. Vanguard has a patent on it. From: http://www.vanguard.com/jumppage/international/web/pdfs/INTLCCE.pdf While other ETFs are stand-alone entities, Vanguard ETFs are one share class within larger index funds that also offer retail an...
by Pigeye Brewster
Fri Jan 18, 2019 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Where Do HSAs Fit in Asset Location?
Replies: 48
Views: 2794

Re: Where Do HSAs Fit in Asset Location?

My HSA investment account is 100% VTSAX.
by Pigeye Brewster
Fri Jan 18, 2019 11:49 am
Forum: Investing - Help with Personal Investments
Topic: 2019 Backdoor Roth limit when turning 50
Replies: 5
Views: 355

Re: 2019 Backdoor Roth limit when turning 50

Traveller wrote:
Fri Jan 18, 2019 10:28 am

Thank you so much. I guess getting older isn't all bad...
Being able to make catch up contributions has been about the only benefit I've noticed...
by Pigeye Brewster
Fri Jan 18, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Any MD pursued a CFA? Thoughts?
Replies: 27
Views: 2477

Re: Any MD pursued a CFA? Thoughts?

Another not an MD but CFA Charterholder here. Plus an MBA. There is some overlap in course material, but the CFA charter is very investment industry specific. Both in terms of the focus of the subject matter and how it can help one's career prospects. As a couple of others have noted, the CFA progra...
by Pigeye Brewster
Thu Jan 17, 2019 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Lobbying to modify 401k plan to allow for after-tax contributions and in-service rollover to Roth
Replies: 9
Views: 609

Re: Lobbying to modify 401k plan to allow for after-tax contributions and in-service rollover to Roth

It is a safe harbor 401k plan and the company makes a non-elective 3% contribution. Has been this way since our small company started 10 years ago. It would be nice if they increased that %, but I anticipate resistance. Does anyone have a good strategy on how to approach that? There's a reason for ...
by Pigeye Brewster
Thu Jan 17, 2019 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Lobbying to modify 401k plan to allow for after-tax contributions and in-service rollover to Roth
Replies: 9
Views: 609

Re: Lobbying to modify 401k plan to allow for after-tax contributions and in-service rollover to Roth

I don’t think any other employees even max out the 19k pre-tax elective amount, so this request to modify the plan would probably only benefit me. Also, last year I was considered a HCE which limited how much of my bonus could be put into the 401k as profit share; would this HCE situation impact th...
by Pigeye Brewster
Thu Jan 17, 2019 11:22 am
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 120
Views: 10826

Re: Who Will Speak for US?

While folks here may not like it, Fidelity has picked up many of the tenets expressed by Jack Bogle and also Bogleheads.org. Here is something out this week from Fidelity: https://www.fidelity.com/viewpoints/investing-ideas/six-habits-successful-investors The six habits are : Develop a long-term pl...
by Pigeye Brewster
Wed Jan 16, 2019 6:21 pm
Forum: Investing - Theory, News & General
Topic: Are mega back door Roth contributions considered contributions?
Replies: 87
Views: 2944

Re: Are mega back door Roth contributions considered contributions?

I see, so in a Roth 401k to Roth IRA rollover, the earnings remain separate from the principle (basically becoming Roth IRA earnings), even though neither is taxed, and can not be withdrawn penalty-free until 59.5. It's interesting that: Trad IRA -> Roth IRA all eligible for early withdrawal After-...
by Pigeye Brewster
Tue Jan 15, 2019 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Qualified Dividends
Replies: 20
Views: 1641

Re: Qualified Dividends

I have been trying to wrap my head around recalculating qualified dividends. This information from Fidelity does a good job of explaining it. https://www.fidelity.com/tax-information/tax-topics/qualified-dividends Now I'm wondering what the IRS does when they match your 1099-DIV with your tax retur...
by Pigeye Brewster
Mon Jan 14, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

Interesting thread... Dividends are inherently neither a feel good nor feel bad item. Like any number of things, it depends on the investor's own personal situation. In tax-sheltered accounts, there is no substantive difference. As for taxable accounts, if the investor is living off the portfolio r...
by Pigeye Brewster
Mon Jan 14, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

Interesting thread... Dividends are inherently neither a feel good nor feel bad item. Like any number of things, it depends on the investor's own personal situation. In tax-sheltered accounts, there is no substantive difference. As for taxable accounts, if the investor is living off the portfolio r...
by Pigeye Brewster
Fri Jan 11, 2019 11:05 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9769

Re: Disciplined with finances, but not so with diet

billyo44 wrote:
Thu Jan 10, 2019 5:13 pm
https://www.drfuhrman.com
Buy his book "Eat to Live".
I can attest this is the way to go...fads/diets just don't work 'long-term'...Lifestyle changes do.
Or watch some of his PBS shows they run during their fundraisers. His approach is excellent.
by Pigeye Brewster
Fri Jan 11, 2019 10:52 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 160
Views: 13571

Re: Around 43K in dividends last year - feel good about it ?

Interesting thread... Dividends are inherently neither a feel good nor feel bad item. Like any number of things, it depends on the investor's own personal situation. In tax-sheltered accounts, there is no substantive difference. As for taxable accounts, if the investor is living off the portfolio re...
by Pigeye Brewster
Wed Jan 09, 2019 5:55 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5271

Re: BHers, what is your Roth IRA %?

There used to be income limits on that, right? I'm not sure. That would have been before I was interested in converting, if it used to be. Obviously you couldn't convert to Roth before Roths even existed. I looked it up and found this in wikipedia: Prior to 2010, two circumstances prohibited conver...
by Pigeye Brewster
Wed Jan 09, 2019 5:51 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5271

Re: BHers, what is your Roth IRA %?

Roth IRA, Roth 401(k) & HSA = 16%
Traditional IRA, 401(k), 403(b), etc. = 76%
Taxable = 8%
by Pigeye Brewster
Mon Jan 07, 2019 2:30 pm
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 68
Views: 4749

Re: Reasons to own Vanguard ETFs over Admiral shares?

While generally true, the below does not apply to Vanguard funds. Vanguard mutual funds/corresponding ETFs are share classes, meaning that the ETF increases the tax efficiency of the mutual fund share class. To my knowledge, ETF's have a tax-based advantage over Mutual Funds. "The sale of securitie...
by Pigeye Brewster
Sat Jan 05, 2019 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions Question
Replies: 29
Views: 1767

Re: Backdoor Roth Question

As I understand it, converting a nominal amount, such as $1, to get the clock running, will only apply to that converted amount. But to be clear, an early contribution to a Roth IRA does have a benefit, since the 5 year rule for contributions is different, i.e. is based on the date of the first con...
by Pigeye Brewster
Fri Jan 04, 2019 11:53 pm
Forum: Personal Consumer Issues
Topic: TV antennas...
Replies: 35
Views: 2641

Re: TV antennas...

F150HD wrote:
Fri Jan 04, 2019 10:44 pm
It's a shame nothing is built in the USA anymore.

I just bought a new TV and on the back it says 'Built in Antenna'.

I don't even know where that is.

:confused
Ha! Like the time Steve Martin rode on the ski lift with the guy who had his name on his skis - his name was "Rental". :beer
by Pigeye Brewster
Fri Jan 04, 2019 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Which Money Market account now that interest rates have gone up?
Replies: 57
Views: 7350

Re: Which Money Market account now that interest rates have gone up?

While not FDIC, there's VUSXX also, which is treasury bills only so exempt from state tax. Needs 50K min, though. 7-day SEC 2.28% after ER of .09%. Nothing safer than treasuries so no FDIC should not be an issue. Ally has a no-penalty CD yielding 2.3 %, but if you need to withdraw you'd have to clo...
by Pigeye Brewster
Fri Jan 04, 2019 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions Question
Replies: 29
Views: 1767

Re: Backdoor Roth Question

Not to beat a dead horse but it really doesn't matter that you haven't opened an Roth IRA yet. Do a conversion of $1 tomorrow and start the clock. You will immediately have access to all converted funds which will quickly be tens of thousands of dollars, just not the earnings above the converted do...
by Pigeye Brewster
Fri Jan 04, 2019 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions Question
Replies: 29
Views: 1767

Re: Backdoor Roth Question

Not to beat a dead horse but it really doesn't matter that you haven't opened an Roth IRA yet. Do a conversion of $1 tomorrow and start the clock. You will immediately have access to all converted funds which will quickly be tens of thousands of dollars, just not the earnings above the converted do...
by Pigeye Brewster
Fri Jan 04, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Suggested update to after-tax 401(k) wiki entry
Replies: 5
Views: 457

Re: Suggested update to after-tax 401(k) wiki entry

The short version is that after-tax contributions from highly compensated employees can cause the plan to lose safe harbor status, so most companies with a choice will forbid after-tax contributions entirely to eliminate that risk. Only large older companies, which already allowed after-tax contrib...
by Pigeye Brewster
Tue Jan 01, 2019 7:17 pm
Forum: Personal Consumer Issues
Topic: Low maintenance yard - new home and HOA
Replies: 27
Views: 2148

Re: Low maintenance yard - new home and HOA

livesoft wrote:
Mon Dec 31, 2018 3:30 pm
If you want a low maintenance yard in the back, then don't have a yard: Fill it up with a high maintenance pool.
According to the Northwestern Mutual commercial running during the Rose Bowl, having a pool is sound financial planning. :beer
by Pigeye Brewster
Fri Dec 28, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: What common everyday inconvenience have you intentionally suffered for frugality?
Replies: 152
Views: 9319

Re: What common everyday inconvenience have you intentionally suffered for frugality?

I used to drive a car where the floor began to rust out and a hole developed, you could see the road. We had a truck one time with the same problem, the floor was rusted out. We kept it, not because we were being frugal, but because we couldn't afford to buy another one. :happy I read this and have...
by Pigeye Brewster
Fri Dec 28, 2018 10:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8107

Re: My favorite Boglehead posters

My top 10 in no particular order:

Nisiprius
Livesoft
Alan S.
Spirit RIder
Gill
Bsteiner
Meg77
Klang Fool
VictoriaF
Sandtrap
by Pigeye Brewster
Wed Dec 26, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2777

Re: Donor Advised Fund for small donors - my experience

Do you have appreciated securities in a taxable account? If you do I'd donate those (with no capital gains tax owed) and then invest the cash you would have donated into your taxable account to replace what you gifted. This in effect gets you stepped up cost basis along with the tax deduction. Agre...
by Pigeye Brewster
Sun Dec 23, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 182
Views: 17078

Re: Mr. Money Mustache, SWR, and equity allocation

willthrill81 wrote:
Sat Dec 22, 2018 11:19 pm
We nickel and dime about things more so than most people with a third of our income, yet we've lost three months' income in stocks of late.
It could be worse. Over a full year's worth of income for us. And I'm not anywhere near 100% equities.
by Pigeye Brewster
Sun Dec 23, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 73
Views: 9345

Re: How many "investment" accounts do you have?

Hers
403(b)
IRA
Roth IRA

His

Taxable (Vanguard mutual fund)
401(k)
ESOP
IRA
Roth IRA
HSA investment

Also 3 checking (hers, his, HSA) and a Fidelity DAF
by Pigeye Brewster
Sat Dec 22, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: All the "should I be 100% stocks" threads over the last year.
Replies: 175
Views: 11874

Re: All the "should I be 100% stocks" threads over the last year.

nisiprius wrote:
Sat Dec 22, 2018 6:51 am
The thing I find amazing is the difficulty people seem to have in understanding that risk tolerance is a personal thing that cannot be argued about.
DIng, ding, ding...we have a winner. :beer
by Pigeye Brewster
Sat Dec 22, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: $1 in 401k vs $1 in savings account - which would you take?
Replies: 46
Views: 1528

Re: $1 in 401k vs $1 in savings account - which would you take?

I would ask the genie to make the second choice my Roth 401(k).
by Pigeye Brewster
Sat Dec 22, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: Percentage of Net Worth in Equities
Replies: 23
Views: 1918

Re: Percentage of Net Worth in Equities

Investments:
Equities 59% Fixed-income 25% Cash 16%

Net Worth:
Equities 56% Fixed-income 23% Cash 16%

Age is late 50s.
by Pigeye Brewster
Mon Dec 17, 2018 8:53 pm
Forum: Personal Consumer Issues
Topic: Worx 20v battery leaf blower
Replies: 12
Views: 1023

Re: Worx 20v battery leaf blower

i have a Milwaukee m18 leaf blower, to go along with all of my other battery powered tools. so i have a lot of batteries to use. i have a tendency to pick it up for light use, over my 2cycle one, unless i need to do a lot of blowing, then the backpack blower wins every time. I've been very pleased ...
by Pigeye Brewster
Fri Dec 14, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?
Replies: 80
Views: 5408

Re: A "super mega roll" of toilet paper = 6 "regular rolls:" is this possible?

Bogleheads is great. It was here that I learned about the Mega Backdoor Roth. And now I've learned about the Mega Backdoor Roll.
by Pigeye Brewster
Wed Dec 12, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22092

Re: What percentage of your net worth is your home equity?

Went golfing today. Had a six on a par four and when the guys asked me what I had on that hole, I told them par four, because two of the strokes didn’t matter to me so I was choosing not to count them in my definition of score. Who knew keeping track of net worth and golf scores could be so easy 😃 ...
by Pigeye Brewster
Wed Dec 12, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: learning excel
Replies: 21
Views: 2098

Re: learning excel

Once you have learned the basics, my vote is for using the Help facility combined with Google searches as mentioned by another poster. That is how I learned. By the way, using this method often leads me to a site called stackoverflow.com . You can find lots of great information there from computer ...
by Pigeye Brewster
Tue Dec 11, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Questions Re: Gift to DAF of IRAs Upon Death
Replies: 5
Views: 408

Re: Tax Questions Re: Gift to DAF of IRAs Upon Death

This plan seems pretty solid to me. Simple and straightforward on one level, quite sophisticated on another.
by Pigeye Brewster
Fri Dec 07, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Question: Jamie Dimon ( JPMorgan ) on Bonds
Replies: 18
Views: 2292

Re: Question: Jamie Dimon ( JPMorgan ) on Bonds

I didn't see the interview, but Bloomberg reported that Jamie Dimon said he wouldn't be a buyer of long-term Treasuries at current levels.

With the 10 year at 2.85% and the 30 year at 3.15%, I'd say the same thing. If anyone asked, that is. :beer
by Pigeye Brewster
Fri Dec 07, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth Priority
Replies: 12
Views: 1030

Re: Mega Backdoor Roth Priority

Thanks everyone for the advice. I don't have all of the details from my employer yet but it sounds like it might be in-plan Roth rollover only. I was also under the impression that you paid a lot more in taxes when converting after-tax 401k contributions to Roth, but it sounds like you pay only on ...
by Pigeye Brewster
Thu Nov 22, 2018 12:20 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 100886

Re: When experts disagree . .

Respectfully, I can't think of any experts that actually do disagree on this topic. Well, Jack and Warren do. Both are intelligent, successful, rich, and well-respected. Neither has any qualification that makes them an expert on this subject. I'm curious as to what qualifies one as expert on this s...
by Pigeye Brewster
Wed Nov 21, 2018 9:57 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 754
Views: 100886

Re: When experts disagree . .

Respectfully, I can't think of any experts that actually do disagree on this topic. Well, Jack and Warren do. Both are intelligent, successful, rich, and well-respected. Neither has any qualification that makes them an expert on this subject. I'm curious as to what qualifies one as expert on this s...
by Pigeye Brewster
Wed Nov 21, 2018 9:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 225
Views: 18479

Re: Vanguard lowering Admiral level to $3,000?

billfromct wrote:
Wed Nov 21, 2018 12:03 am
And I just finished memorizing all the Investor class Vanguard index ticker symbols!

Now I have to start memorizing all the Admiral index ticker symbols.

bill
Good problem to have... :beer
by Pigeye Brewster
Wed Nov 21, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: How did I miss this? Roth 401K
Replies: 29
Views: 4656

Re: How did I miss this? Roth 401K

I guess I did miss something. I googled "Marginal Tax Rate" and it said 32%. We are around 250k together. Thank you for outlining this, I do not anticipate my tax deferred accounts to be anywhere close to 5 million. Whatever site Google led you to was incorrect if "it said 32%" for MFJ with $250K -...
by Pigeye Brewster
Wed Nov 21, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Am I understanding this right about DAFs? If so...wow
Replies: 33
Views: 4008

Re: Am I understanding this right about DAFs? If so...wow

And do NOT have any anxiety about the mechanics of the DAF, or possibility of them not distributing to your recommended recipient. If anything, having a DAF, in my opinion, makes giving easier . Just a couple mouse clicks and its done. 100% agree with this. Once we developed our donation list, I di...
by Pigeye Brewster
Wed Nov 21, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Opinion Required
Replies: 41
Views: 2456

Re: Opinion Required

Jacktheman1991 wrote:
Wed Nov 21, 2018 6:40 am

P.S. Currently undertaking CFA level 1 and any information for Charter holders would be welcome :)
What information are you wanting?
by Pigeye Brewster
Wed Nov 21, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: How did I miss this? Roth 401K
Replies: 29
Views: 4656

Re: How did I miss this? Roth 401K

Assets held in a ROTH 401k are subject to RMDs. Assets held in a ROTH IRA are not. ROTH 401K withdrawal is tax free, according to this article: http://time.com/money/4258994/traditional-401k-roth-401k-retirement/ "With a Roth 401(k), you pay taxes up front. In other words, you contribute to your re...