Search found 340 matches

by MrBeaver
Thu May 28, 2020 12:57 pm
Forum: Personal Consumer Issues
Topic: The "Best of" for Aldi?
Replies: 108
Views: 7615

Re: The "Best of" for Aldi?

Red pesto – It's a roasted tomato and garlic pesto (instead of basil / green) that is to die for. We keep 6-12 cans in the pantry just in case they run into a supply shortage as they did in early 2019. Coconut whole milk greek yogurt – I was getting the same large tub of plain/vanilla that you desc...
by MrBeaver
Fri May 01, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Estate plan: Passing IRA & investment accounts to people & charity
Replies: 29
Views: 1269

Re: Estate plan: Passing IRA & investment accounts to people & charity

Just an outside-the-box idea: If you trust the 'people' you are bequeathing to, could you: Designate a DAF as the beneficiary of the portion of your IRA that would be 50% of your portfolio. Adjust this up every year as the balance reduces until it reaches 100% of the IRA. Designate the 'people' as t...
by MrBeaver
Mon Apr 27, 2020 10:17 am
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19862

Re: Why am I even saving for retirement?

Also, I will say that my current plan is:

Once my portfolio's SWR exceeds my current spending + giving level, reduce net savings rate and increase spending or giving until the SWR equals my spending + giving.

Essentially: Work until you don't have to, and then work because you want to.
by MrBeaver
Mon Apr 27, 2020 10:13 am
Forum: Personal Investments
Topic: Why am I even saving for retirement?
Replies: 223
Views: 19862

Re: Why am I even saving for retirement?

We are both in our mid 30s each earning way above the maximum SS taxable earnings. So why should we save anything more? Two reasons: Because the current SS payout is not guaranteed. I'm not saying SS will go away, but I do think there's a 5% chance of it going away within the next 30 years. I think...
by MrBeaver
Thu Apr 16, 2020 9:08 am
Forum: Personal Investments
Topic: Paul Merriman vs JL Collins portfolio head-to-head
Replies: 38
Views: 3787

Re: Paul Merriman vs JL Collins portfolio head-to-head

I find the idea of being partially slice-n-dice funny. You either slice-n-dice or you don't, what you're suggesting is just a very weak tilt, without the simplicity. If you're chasing returns, you're right that nobody knows what will have the highest returns. What you can do, is look at the risks (...
by MrBeaver
Mon Apr 13, 2020 10:57 pm
Forum: Investing - Theory, News & General
Topic: Airbnb getting hit?
Replies: 50
Views: 4662

Re: Airbnb getting hit?

I've seen at least one local property get listed for sale which has a couple of secondary units to the main house which have been rented with a pretty high booking rate (based on number of reviews) for the past calendar year. I don't know the specifics, but it wouldn't surprise me if the immediate h...
by MrBeaver
Mon Apr 13, 2020 10:50 pm
Forum: Personal Investments
Topic: Vanguard phone wait times during COVID-19?
Replies: 7
Views: 701

Vanguard phone wait times during COVID-19?

So, I would like to do an IRA -> Roth recharacterization for my 2019 taxes. Vanguard has a mail form available, but the website suggests to call in. I called today around 1pm eastern and sat on hold for 1.5 hours before giving up. Are there times of the day that are seeing shorter wait times? Note: ...
by MrBeaver
Sat Apr 11, 2020 11:04 am
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 92
Views: 6077

Re: How long after starting investing, did you start to be happy about the power of compounding?

About negative four years. After learning about compounding and exponential equations, I made spreadsheets before I really had a cent of income to my name that I could invest. I transferred my UTMA account that was used to pay for college from a high-fee broker to Vanguard for index funds in the lat...
by MrBeaver
Wed Apr 01, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Are cell phones like cars? [Buying new vs buying used or keeping old]
Replies: 62
Views: 3332

Re: Are cell phones like cars? [Buying new vs buying used or keeping old]

I replace cell phones when the security updates stop coming. They work after that but I worry about using a phone whose vulnerabilities are no longer being patched. I don't buy the top of the line. Google phones get monthly updates. I agree that Android phones made by other companies are irregular ...
by MrBeaver
Wed Mar 25, 2020 11:09 am
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 308
Views: 22423

Re: Are you still going to the grocery store or using a delivery service? Which?

I'm somewhat surprised I haven't heard of any grocery chains explicitly closing their business to the public and partnering with Instacart to go go pickup/delivery only, temporarily eating the small fee for pickup service and still charging for delivery. This seems like a win-win: Stores can say the...
by MrBeaver
Fri Mar 06, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: Bogle on International - Do politics, cultures, and demographics inform your int'l allocation?
Replies: 178
Views: 5996

Re: Bogle on International - Do politics, cultures, and demographics inform your int'l allocation?

I overweight EM stocks specifically because of demographic trends. Sure, there's more risk, but with a 20-30 year time horizon, I'm not worried about that at all. There just aren't enough young people in developed countries to keep developed countries from slowly declining as a percentage of global ...
by MrBeaver
Sat Feb 15, 2020 12:47 pm
Forum: Personal Consumer Issues
Topic: What's the best thing you've bought on Amazon for <$150?
Replies: 51
Views: 4764

Re: What's the best thing you've bought on Amazon for <$150?

This is easy. My oat roller, hands down. Buy oat groats (non-rolled) in bulk, and make your own oatmeal. Only takes 30 seconds more in the morning, and tastes 1000% better. Since getting this, I get up earlier, enjoy my mornings, and eat better throughout the day because of the good start of fiber ...
by MrBeaver
Sat Feb 15, 2020 11:52 am
Forum: Personal Consumer Issues
Topic: What's the best thing you've bought on Amazon for <$150?
Replies: 51
Views: 4764

Re: What's the best thing you've bought on Amazon for <$150?

This is easy. My oat roller, hands down. Buy oat groats (non-rolled) in bulk, and make your own oatmeal. Only takes 30 seconds more in the morning, and tastes 1000% better. Since getting this, I get up earlier, enjoy my mornings, and eat better throughout the day because of the good start of fiber i...
by MrBeaver
Fri Feb 14, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 3960

Re: Help find balance between saving vs spending: married and 3 young kids

With my young family, I prefer to spend $100-200 or so a month on 'everyday' experiences (museums, festivals, weekend camping, etc.), while restricting 'big' vacations to ~$1000/year. I prefer that to waiting 1-2 years for a 'big splurge' vacation. Everyone is different and both are enjoyable and me...
by MrBeaver
Fri Feb 14, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: National Debt and Deficit Spending
Replies: 21
Views: 1599

Re: National Debt and Deficit Spending

for those of you that are retired or nearing typical retirement age, are trends in the national debt and deficit spending effecting how you invest? I'm still many years from retirement. But if your question were changed to ask younger people, my response would be: Save more than I otherwise would –...
by MrBeaver
Wed Feb 12, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Having a baby in April 2020 - Whats your best financial advice for a new parent
Replies: 102
Views: 8117

Re: Having a baby in April 2020 - Whats your best financial advice for a new parent

I found that eating was a real challenge. I went through 24+ hour days where I realized I hadn't eaten yet, and quickly gained the habit of eating any food that was in front of me whether I was hungry or not, because I didn't know when I'd be able to eat next. To help temper this in the first 3-6 mo...
by MrBeaver
Wed Feb 05, 2020 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: TIRA Vs. Roth (12% tax bracket) - 2020
Replies: 17
Views: 1181

Re: TIRA Vs. Roth (12% tax bracket) - 2020

Is there any long term capital gains income? I'm in a similar bracket situation, and for the last 2-3 years we have been straddling the top of the 0% LTCG bracket by using a combination of Roth and Traditional contributions to avoid the hidden 27% marginal rate (when additional LTCG dollars are taxe...
by MrBeaver
Sat Feb 01, 2020 8:53 am
Forum: Investing - Theory, News & General
Topic: International ETFs that split high/low foreign dividend tax?
Replies: 1
Views: 231

International ETFs that split high/low foreign dividend tax?

Are there any funds that split ex-US countries that have high dividend tax rates from those with zero/low/exempted in IRA/401k dividend tax rates into two separate funds/ETFs? The theory would be to keep dividends that aren’t taxed highly in tax deferred accounts to minimize US dividend tax drag, wh...
by MrBeaver
Tue Jan 21, 2020 1:56 pm
Forum: Personal Investments
Topic: Paying for College: Option 2, Am I Nuts?
Replies: 70
Views: 5831

Re: Paying for College: Option 2, Am I Nuts?

Isn't there another option here? Fill retirement tax-advantaged space as much as possible (don't back off) Save enough in Taxable to pay off the house two years prior to college time Contribute to 529 Two years before school: If income is low, you can dump the cash into the house which completely sh...
by MrBeaver
Tue Jan 21, 2020 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: IRS 2020 W4 withholding: new calculation method, new form
Replies: 82
Views: 6755

Re: IRS 2020 W4 withholding: new calculation method, new form

I'm in this strange warp zone where my mandatory 22% holding is on roughly 35% of my gross pay, yet my actual average tax rate is <4% because I'm within the 12% bracket and have a fair number of deductions & credits. Literally, roughly 3x my annual tax liability is forcibly withheld by the middle o...
by MrBeaver
Tue Jan 21, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 11537

Re: If you could only listen to one podcast...

oxothuk wrote:
Sun Jan 19, 2020 9:25 pm
woldemariam wrote:
Sun Jan 19, 2020 5:48 pm
EconTalk

https://www.econtalk.org/
+1
+2

Although it is REALLY hard for me to decide. I have >90 podcasts in my feed, and love most of them. Not enough time in the day, even though I listen on 3x speed.
by MrBeaver
Sun Jan 12, 2020 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: IRS 2020 W4 withholding: new calculation method, new form
Replies: 82
Views: 6755

Re: IRS 2020 W4 withholding: new calculation method, new form

I'm in this strange warp zone where my mandatory 22% holding is on roughly 35% of my gross pay, yet my actual average tax rate is <4% because I'm within the 12% bracket and have a fair number of deductions & credits. Literally, roughly 3x my annual tax liability is forcibly withheld by the middle of...
by MrBeaver
Thu Jan 09, 2020 9:04 am
Forum: Personal Finance (Not Investing)
Topic: How do you mentally process stupid ways of losing money?
Replies: 84
Views: 7481

Re: How do you mentally process stupid ways of losing money?

I had a minor car accident 1 year ago ...It took me literally months to get in a state of "I don't care anymore, forget it". Last month I had a problem with a iPhone X 256GB ...I was discussing the case over a span of 2 weeks ...Just wanted it solved. I don't know why, but I find it extremely hard ...
by MrBeaver
Mon Jan 06, 2020 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 147
Views: 21787

Re: Our 'cure' for emergency expenses

If it [an expense that would take a category below zero] is a discretionary expense, such as clothing, we nearly always refuse to spend what we don't have already saved in that category. This is the most important part about this method of budgeting irregular expenses. It provides a framework for p...
by MrBeaver
Sat Jan 04, 2020 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: is QCD like a DAF (but better) ?
Replies: 53
Views: 2509

Re: is QCD like a DAF (but better) ?

QCDs have some other limitations but in general the advantages outweigh some of the disadvantages. QCDs are limited to $100,000 per year per taxpayer. As far as I know, QCDs cannot be made anonymously; this is a significant feature in favor of DAFs. For the first, this seems to be never a disadvant...
by MrBeaver
Fri Jan 03, 2020 6:11 pm
Forum: Personal Investments
Topic: Roth vs Traditional vs Taxable
Replies: 14
Views: 1514

Re: Roth vs Traditional vs Taxable

Charitably-minded folks can donate appreciated securities held in a taxable account to charity and take a full-deduction for the fair market value at time of donation without ever realizing the capital gain or paying tax on it. On the other hand, IRAs are eligible for QCDs once you are over 70 1/2....
by MrBeaver
Thu Dec 05, 2019 3:12 pm
Forum: Investing - Theory, News & General
Topic: Can one have too much Roth?
Replies: 175
Views: 15620

Re: Can one have too much Roth?

A Roth would be appropriate for someone making low enough income to not pay any taxes at all... but would that person have any disposable income to contribute to a Roth? Roths are a superb choice for low income people with little savings who qualify for the Saver's Credit: https://www.bogleheads.or...
by MrBeaver
Tue Dec 03, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 390
Views: 174309

Re: How to Minimize Your Emergency Care Expenses

Hi. Yes. I'm a physician. Before you go to the ER call your physician. In most cases (eg not chest pain) he can determine do you need to go to the ER now, or is it reasonable to go to an urgent care, or can you wait 12 hours and come see me tomorrow. Now that we have a couple of years under our bel...
by MrBeaver
Tue Dec 03, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Airline overhead bins...do you think they're assigned?
Replies: 135
Views: 6665

Re: Airline overhead bins...do you think they're assigned?

She says, nope...that bin is hers because it has the seat numbers on it. This is Coach, by the way. She probably also thinks she has the right to call the cops or a towing company when someone she doesn't know parks on the public street parking in front of her home. Americans are so ingrained in th...
by MrBeaver
Tue Nov 19, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Just learned something about HSAs and independent children that I did not know
Replies: 42
Views: 4563

Re: Just learned something about HSAs and independent children that I did not know

One way to do this is take any distributions/debit card payment amounts and contribute to a Roth IRA. That is far easier and more likely to happen than adjusting an employee deferral rate. We will also be encouraging him to use the gift to fund his Roth IRA At a minimum, non-dependents who have thi...
by MrBeaver
Tue Nov 19, 2019 1:03 pm
Forum: Personal Consumer Issues
Topic: How often do you bargain for things?
Replies: 57
Views: 4374

Re: How often do you bargain for things?

Do you tend to bargain for purchases/services, like on Ebay (even if the listing is Buy It Now) or other areas of your life? Or do you feel embarassed doing that? No, I just don't like doing it. However, I do wonder how it would be if markets were more price-standardized. I don't 'bargain' when I b...
by MrBeaver
Fri Nov 08, 2019 12:29 pm
Forum: Personal Investments
Topic: How much is too much in an HSA?
Replies: 51
Views: 4573

Re: How much is too much in an HSA?

Right now my employer have a very unique hsa plan. 100% self insurance to 3k then 100% employer coverage after that. If that plan doesn't change even accounting for inflation I should have more than 10x my yearly maximum within 10 years and possibly 30x out of pocket maximum by the time I retire. I...
by MrBeaver
Fri Nov 08, 2019 12:20 pm
Forum: Personal Investments
Topic: How much is too much in an HSA?
Replies: 51
Views: 4573

Re: How much is too much in an HSA?

Since you can use it as a pretax IRA in the very worst case scenario, I would say you can never have too much. Keep in mind you can use it for Medicare premiums and Long Term Care insurance. Huh? It can only be used for qualified medical expenses. How is it a pretax ira? https://www.irs.gov/publica...
by MrBeaver
Fri Nov 08, 2019 8:31 am
Forum: Personal Investments
Topic: How much is too much in an HSA?
Replies: 51
Views: 4573

Re: How much is too much in an HSA?

[quote=FIREchief post_id=4828854 time=<a href="tel:1573165994">1573165994</a> user_id=112118] [quote=anon_investor post_id=4828791 time=<a href="tel:1573164104">1573164104</a> user_id=148993] As others have said, worst case you end up using the HSA like a traditional IRA, I see no down side saving ...
by MrBeaver
Fri Oct 25, 2019 12:57 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 11745

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

Great info, thanks for the recent data. I will say though, that to maintain 'good' Android security I'd still feel like I had to buy a Pixel, which isn't really any cheaper than an iPhone. It's just preference, and I think a Pixel is a fine choice for people who like it and desire tight Google integ...
by MrBeaver
Fri Oct 25, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 7541

Re: Is principal portion of mortgage counted for savings rate purposes?

Just one thing to add here: To be internally consistent, one who counts principal payments as savings should also include home equity as 'undiversified real estate holdings' within their asset allocation. One who does not count principal payments as savings should probably likewise not count home eq...
by MrBeaver
Fri Oct 18, 2019 8:06 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 11331

Re: What percent of net worth should a persons house be?

I'm surprised on a BH forum so many people are saying it doesn't matter or that it matters little. that is, in my mind, insane. this is a forum founded essentially on two axioms 1) diversify 2) cut costs. from that, you should have as small a percentage of your net worth in your home as you find co...
by MrBeaver
Wed Oct 16, 2019 4:30 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 11745

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

Why did you choose an iPhone? First smartphone available. How often do you upgrade? Once every 4-5 years. Why did you upgrade? When new OS required a new phone, or near an OS trigger when a phone that is desirable to me is available. I went: Original iPhone > 4s > SE. Will likely upgrade this year ...
by MrBeaver
Thu Oct 03, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Describe Your Perfect Life Insurance Product
Replies: 19
Views: 1236

Re: Describe Your Perfect Life Insurance Product

My idea is to replace stacking multiple policies with just one policy to increase efficiency and simplicity and reduce cost. Also, I generally think need for life insurance decreases over time. As kids become adults and no longer depend on your income. As your retirement account grow so you and you...
by MrBeaver
Thu Sep 26, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Debit card compromised while overseas-RFID question
Replies: 8
Views: 931

Re: Debit card compromised while overseas-RFID question

I believe early contactless cards may have been less secure than today's cards, which seem to transmit one-time codes rather than full card information to a received RFID request: "The cardholder’s name, three digit security code on the back of the card, and billing information like zip code are nev...
by MrBeaver
Thu Sep 19, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12165

Re: How do you spend money to gain time? (young family)

spend / out-source / sub-contract?... SIMPLIFY! (your life / family / career) while with toddlers. You get ONE-trip-around-the-block with your kids, then they are GONE! We spent 'opportunity costs' while kids were still at home (they left for college at age 16) We lived very cheap and traveled a lo...
by MrBeaver
Thu Sep 19, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12165

Re: How do you spend money to gain time? (young family)

This seams counterintuitive but I believe the best way to have more time with family is to spend as little as possible and work less. Once one can decouple appearances and spending from happiness everything else falls into place. When you do choose to spend, make sure it is high yield spending beca...
by MrBeaver
Thu Sep 19, 2019 8:07 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12165

Re: How do you spend money to gain time? (young family)

So I take it that your wife is a SAHM? Instead of paying to have people clean, cook, etc.. it may be more cost effective to hire a mother's helper. A tween or young teen from the local area that will come over to keep an eye on the kids and play with them while your wife is able to get the cooking ...
by MrBeaver
Thu Sep 19, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Long Term FAFSA/College Strategy
Replies: 150
Views: 9433

Re: Long Term FAFSA/College Strategy

Thinking way ahead here... Are there any particular strategies for planning for college 19-years away? Current HH Income: $250k Current Retirement Accounts/HSAs: Maxing Out each year Current Assets: $470k (~62% in retirement accounts/home equity) Retirement Timeline: Minimum 22 more years, maximum ...
by MrBeaver
Tue Sep 17, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12165

Re: How do you spend money to gain time? (young family)

2. We no longer shop in stores. We either buy things from Amazon or for groceries use Wal-Mart store pickup (wife shops online, I drive to the store to pickup groceries.) Saves hours of time. Costco is the exception. Wal-Mart store pickup is free. Other stores have nominal charge. Thanks for this e...
by MrBeaver
Tue Sep 17, 2019 8:42 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12165

Re: How do you spend money to gain time? (young family)

Here is an earlier thread: https://www.bogleheads.org/forum/viewtopic.php?t=213662 and there are many more. Thank you. I just read the thread, and there were some good time-saving tips. One of them that is very actionable is that we have been 'both' putting kids to bed (same room) when we are both ...
by MrBeaver
Tue Sep 17, 2019 8:08 am
Forum: Personal Finance (Not Investing)
Topic: How do you spend money to gain time? (young family)
Replies: 155
Views: 12165

How do you spend money to gain time? (young family)

We are in the toddler stage, and things are literally crazy. I'll spare you the details of the state of our house, but suffice it to say that I've realized that over the past couple of years we have increased spending on 'emergency' things to solve immediate time, energy, or preparedness problems wi...
by MrBeaver
Tue Sep 17, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 34516

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

2) Should I start saving for appliance/car replacement or is just having an emergency fund adequate? As a few others have said, this depends. It is to some extent personal preference. But be sure you choose the option which fits your personality: If you deplete your emergency fund to buy a car and ...
by MrBeaver
Mon Sep 09, 2019 11:45 am
Forum: Personal Investments
Topic: RMD & Charitable Contribution
Replies: 17
Views: 1665

Re: RMD & Charitable Contribution

Your current practice of having total stock market in taxable and bonds in tax-differed is consistent with this: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement As such, the general suggestion would be to buy VTSAX, VTIAX, or similar tax-efficient investment in the taxable brokerage for...