Search found 833 matches

by ChinchillaWhiplash
Tue Feb 11, 2020 8:54 am
Forum: Personal Consumer Issues
Topic: How often do you need new car tires?
Replies: 50
Views: 4039

Re: How often do you need new car tires?

Depends on the car, the way you drive, and the tire wear rating. The higher the wear rating the longer they should last. I’ve never got more that 40k out of any tire on any vehicle. The Subarus seem to have more tire wear than average due to the 4 wd system. The factory set of Yokohamas on our Cross...
by ChinchillaWhiplash
Wed Feb 05, 2020 9:03 am
Forum: Investing - Theory, News & General
Topic: Including UPRO as a slice of your main portfolio?
Replies: 12
Views: 800

Re: Including UPRO as a slice of your main portfolio?

I’m using UPRO with TMF as a large % of US equities. Was all VT for LC with SCVT for both US dev Int. Now using VEU w/ tilts. All LC US is UPRO and TMF. Do hold total Bond market, but reduced the %. Figured the leverage allows one to hold less of this class and can focus more $s into other classes a...
by ChinchillaWhiplash
Thu Jan 23, 2020 10:19 am
Forum: Personal Investments
Topic: Portfolio Help Needed: Thanks
Replies: 15
Views: 942

Re: Portfolio Help Needed: Thanks

On a side note, I wouldn’t worry too much about the 3rd month if EF before paying off your debt. Might be better off just contributing to retirement enough to get the match and focus on getting rid of the debt 1st. Not a huge amount of debt, so it could be eliminated fairly quickly. Start with highe...
by ChinchillaWhiplash
Thu Jan 23, 2020 9:04 am
Forum: Investing - Theory, News & General
Topic: Are interest rates ever going back up?
Replies: 98
Views: 7804

Are interest rates ever going back up?

How long will they keep these rates so low? Seems like the economy is pretty healthy right now. Corporate debt is about out of control. Consumer debt has been out of control for a long time now. Just seems crazy that the Fed hasn’t raised rates hardly any in years. Are we going to be like Europe and...
by ChinchillaWhiplash
Thu Jan 23, 2020 12:18 am
Forum: Personal Investments
Topic: Emergency Fund in Taxable Account
Replies: 10
Views: 1623

Re: Emergency Fund in Taxable Account

Taxable account with municipal bond fund. I use NXQ since it holds a lot of bonds from my state. Get tax free dividends. In the 37% bracket, that yield will be pretty darn hard to beat. I think the risk is pretty minimal if you look at past rates of default too.
by ChinchillaWhiplash
Wed Jan 22, 2020 10:53 am
Forum: Personal Investments
Topic: Downside to ETFs?
Replies: 19
Views: 2015

Re: Downside to ETFs?

A lot of ETFs don’t hold quite the same stocks as a family’s corresponding MF. ETFs are fine. Just make sure they contain what you think they do. I like being able to set a limit order to perhaps grab a little discount during the day. Or you can just buy with a market order, just be careful of the b...
by ChinchillaWhiplash
Wed Jan 22, 2020 10:36 am
Forum: Personal Investments
Topic: Doe anyone make money with bonds?
Replies: 39
Views: 5087

Re: Doe anyone make money with bonds?

Yes, if you reinvest the dividends. No, if you didn’t reinvest the Dividend and account for inflation. Actually you would have still made money from the dividend, but not from the value of the fund. Total Bond Market fund held over the last 30+ yrs would only go up in value if you utilized compoundi...
by ChinchillaWhiplash
Sun Jan 19, 2020 10:12 am
Forum: Investing - Theory, News & General
Topic: How overvalued is this current market anyway?
Replies: 79
Views: 8179

Re: How overvalued is this current market anyway?

Would guess PE will remain low. Share buy backs and low corporate tax = low PE overall. Combine this with low unemployment rates and business should be good for quite a while. Would not be surprised if this run up could last another 5 yrs.
by ChinchillaWhiplash
Sat Jan 18, 2020 11:02 am
Forum: Investing - Theory, News & General
Topic: Litmus test for market health?
Replies: 4
Views: 327

Litmus test for market health?

Seems like P/E ratio of S&P 500 index has been used a lot as an indicator of the overall health of the market. Current PE is fairly low and would indicate that things are on track. Are there other indicators that can be used? How about tangible book values? That has been on the rise. Just curious an...
by ChinchillaWhiplash
Sat Jan 18, 2020 10:54 am
Forum: Personal Investments
Topic: What happens to Solo 401k when you stop being self employed?
Replies: 16
Views: 3533

Re: What happens to Solo 401k when you stop being self employed?

Bringing back the dead post, but did anyone find a definitive answer on wether you can keep a solo k open if sole proprietor is defunct?
by ChinchillaWhiplash
Tue Jan 14, 2020 7:46 pm
Forum: Personal Investments
Topic: Anyone invested in ARK funds?
Replies: 5
Views: 549

Re: Anyone invested in ARK funds?

ARKK is tempting. No dividend either. Might put a little in the taxable or Roth. They did hold cryptos. Not sure if they still do? Would be a safer way to invest in it if it does.
by ChinchillaWhiplash
Sat Jan 11, 2020 5:56 pm
Forum: Investing - Theory, News & General
Topic: Why are Dividend Stocks pushed so hard?
Replies: 129
Views: 6713

Re: Why are Dividend Stocks pushed so hard?

A lot of people see dividends being paid by a company to mean they are a strong and solid investment. They have a surplus of cash so they must be doing good, right? Sometime that is the case, but not always. Nothing wrong with dividends. What maters most is total return. If you have higher dividend ...
by ChinchillaWhiplash
Tue Jan 07, 2020 8:59 am
Forum: Personal Investments
Topic: Taxable Muni Bonds [edited to remove all-caps]
Replies: 12
Views: 1196

Re: Taxable Muni Bonds [edited to remove all-caps]

I hold a tax free CEF. NXQ. Diversified, low ER, tiny amount of leveraging, and below NAV. Yield is pretty good. It is real good if you are in a tax bracket above 24%.
by ChinchillaWhiplash
Sat Dec 28, 2019 10:51 pm
Forum: Personal Consumer Issues
Topic: Summer Vacay: Eastern Europe or Spain & Portugal
Replies: 15
Views: 842

Re: Summer Vacay: Eastern Europe or Spain & Portugal

My family (DW and 13 yr old daughter) really enjoyed Portugal. We spent time on Silver Coast and Sasimbra. Beautiful country with great food. Lots of beaches. Water is on the cold side in the 60s. Air temps were in mid 70's to low 80's. This was last week of July and 1st week of Aug. Lots to do and ...
by ChinchillaWhiplash
Sun Dec 22, 2019 4:53 pm
Forum: Personal Consumer Issues
Topic: Credit card payment habits
Replies: 72
Views: 4288

Re: Credit card payment habits

Pay off statement balance a few days before due date. Put money to pay off into high yield savings account and withdraw it a few days before paying CC balance. I use one travel rewards card to pay for everything I can. Works out well and I get the extra interest income.
by ChinchillaWhiplash
Fri Dec 20, 2019 9:44 pm
Forum: Personal Investments
Topic: Value of dividends?
Replies: 33
Views: 3552

Re: Value of dividends?

Total returns are total returns. Multiple ways of getting there. Plus, stocks that pay dividends usually have positive cash flow. There is nothing wrong with a dividend. Especially in a Tax deferred account. There was a time when dividends were a good thing with compounding interest. It still is a g...
by ChinchillaWhiplash
Thu Dec 19, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: Financed share buybacks. How concerned should we be about this?
Replies: 1
Views: 255

Financed share buybacks. How concerned should we be about this?

This article is a bit frightening. Is this going to lead to a bubble bursting at some point? Is a lot of the record highs created by a bad use of debt? https://fortune.com/2019/08/20/stock-bu ... -financed/
by ChinchillaWhiplash
Tue Dec 10, 2019 9:17 pm
Forum: Personal Investments
Topic: Individual Stocks
Replies: 19
Views: 1297

Re: Individual Stocks

Might as well take in some profits. Might want to do it over time if you hold a lot. If you have any stocks with loss, you could sell them to help with cg.
by ChinchillaWhiplash
Sat Nov 30, 2019 11:05 pm
Forum: Personal Consumer Issues
Topic: Accounting software to keep track of LLC partnership
Replies: 3
Views: 517

Re: Accounting software to keep track of LLC partnership

Thanks for the info! Gives me something to work with. Looks like quickbooks online essentials combined with TurboTax Business software will allow me to do it all and eliminate using a CPA.
by ChinchillaWhiplash
Fri Nov 29, 2019 6:13 pm
Forum: Personal Consumer Issues
Topic: Accounting software to keep track of LLC partnership
Replies: 3
Views: 517

Accounting software to keep track of LLC partnership

Accounting needs for having all independent contractors. LLC partnership with multiple owners getting profit sharing. Need to file IRS form 1065 and Schedule K-1 which I will probably have our CPA do. Might need 1099 misc for the non-partner ICs. Believe all income is pass through and owners are all...
by ChinchillaWhiplash
Fri Nov 29, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: How much income is needed to make sense of spousal employee w/S corp?
Replies: 10
Views: 799

Re: How much income is needed to make sense of spousal employee w/S corp?

So if one is over 50 you can do a catch up contribution up to $6000. In 2020 it would be $25500 / .75 = 34000 * .25 = $8500 (employer contribution) + $25500 (employee contribution) = $34,000. Does this sound about right?
by ChinchillaWhiplash
Fri Nov 29, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: How much income is needed to make sense of spousal employee w/S corp?
Replies: 10
Views: 799

Re: How much income is needed to make sense of spousal employee w/S corp?

If you are maximizing your employer contribution at 25%. You can pay a spouse $25,333.33. Her 25% employer contribution will be $6,333. Her $19,000 employee deferral + $6,333.33 = $25,333 = her 100% of compensation annual addition limit. Thanks Spirit Rider! That is exactly what I was looking for :...
by ChinchillaWhiplash
Thu Nov 28, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much income is needed to make sense of spousal employee w/S corp?
Replies: 10
Views: 799

Re: How much income is needed to make sense of spousal employee w/S corp?

Trying to see if it makes sense to put spouse on payroll for S corp. So how much salary would be needed to override the payroll taxes? Benifits would be social security earnings credits and ability to fund 401k. Pay for spouse would be around $2000-2500 a month for bookkeeping. Bookkeeping would be...
by ChinchillaWhiplash
Thu Nov 28, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: How much income is needed to make sense of spousal employee w/S corp?
Replies: 10
Views: 799

How much income is needed to make sense of spousal employee w/S corp?

Trying to see if it makes sense to put spouse on payroll for S corp. So how much salary would be needed to override the payroll taxes? Benifits would be social security earnings credits and ability to fund 401k. Pay for spouse would be around $2000-2500 a month for bookkeeping. Bookkeeping would be ...
by ChinchillaWhiplash
Mon Nov 25, 2019 2:13 pm
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3298

Re: Should I just buy VT (total world etf)?

Bit the bullet and have sell orders for US TSM and Intenational. Bought some VT with cash on hand. Will buy a bunch once the two MFs sell. All new money will be put into VT from now on too. Except when I need some more bonds to balance out AA. Things will be much simpler from now on :sharebeer
by ChinchillaWhiplash
Sun Nov 24, 2019 10:31 am
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3298

Re: Should I just buy VT (total world etf)?

Unfortunately, I don't think MFs are free transactions except for Schwab, so stuck with ETFs
by ChinchillaWhiplash
Sun Nov 24, 2019 10:15 am
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3298

Re: Should I just buy VT (total world etf)?

Now that Schwab has no commission trades, I'm tempted to ditch my US total market and international total market funds for VT. Would this be a good idea to keep things simpler? Basically trading 2 cap weighted funds for one that self balances seems easier to me. Are you satisfied with the % of VT a...
by ChinchillaWhiplash
Sun Nov 24, 2019 10:13 am
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3298

Re: Should I just buy VT (total world etf)?

Now that Schwab has no commission trades, I'm tempted to ditch my US total market and international total market funds for VT. Would this be a good idea to keep things simpler? Basically trading 2 cap weighted funds for one that self balances seems easier to me. Is this a taxable account? Would be ...
by ChinchillaWhiplash
Sun Nov 24, 2019 10:09 am
Forum: Personal Investments
Topic: Should I just buy VT (total world etf)?
Replies: 29
Views: 3298

Should I just buy VT (total world etf)?

Now that Schwab has no commission trades, I'm tempted to ditch my US total market and international total market funds for VT. Would this be a good idea to keep things simpler? Basically trading 2 cap weighted funds for one that self balances between the 2 asset classes seems easier to me.
by ChinchillaWhiplash
Wed Nov 20, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 47
Views: 6174

Re: Wheres best place park emergency funds these days?

I actually hold a lot in some municiple bond funds. Using some higher yield funds with fairly low ERs. In high tax bracket so after tax yield is even higher. Have one fund that holds a lot of bonds from my home state, so get federal and state tax break on that. Basically getting around 6% yield when...
by ChinchillaWhiplash
Wed Nov 20, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Year in Europe (location advice)
Replies: 34
Views: 2557

Re: Year in Europe (location advice)

I love Portugal. People are friendly. Most speak some English, especially in Lisbon. The cost of living is low. Money goes a long way there. Weather is nice but can be hot in the summer. Lots of beaches. Fantastic seafood for low price. Political climate seems pretty stable compared to Spain. Also r...
by ChinchillaWhiplash
Tue Nov 19, 2019 6:01 pm
Forum: Personal Consumer Issues
Topic: Concerns about Cloud and privacy warranted?
Replies: 6
Views: 860

Re: Concerns about Cloud and privacy warranted?

Not to hijack, but have a similar question about using "quickbooks online" for small business. It stores data on the cloud. I would hope they have built in security with encryption as part of their subscription? Anybody know? Haven't bought their stuff yet, but looking to in the near future.
by ChinchillaWhiplash
Mon Nov 18, 2019 11:29 pm
Forum: Investing - Theory, News & General
Topic: Are individual stocks back on the table now that we have $0 commissions?
Replies: 56
Views: 4688

Re: Are individual stocks back on the table now that we have $0 commissions?

I have been buying individual REIT stocks. I find it better than an index REIT fund. Sticking with high quality REITs in sectors I like (health care, apartment, storage unit). Think these are things that will always be in need. I do a good bit of research on them before buying though. So far, so goo...
by ChinchillaWhiplash
Thu Nov 14, 2019 10:41 pm
Forum: Personal Investments
Topic: Closed End Funds Nuveen Safe?
Replies: 12
Views: 1293

Re: Closed End Funds Nuveen Safe?

I hold NXQ. 1.46% leveraged. 3.4% Dividend. No return of capital any time recently. Expense ratio 0.31. Also hold some HYMB ETF which is an indexed fund from them. So far so good. My after tax yield is way better than total bond market funds.
by ChinchillaWhiplash
Mon Nov 11, 2019 5:47 pm
Forum: Personal Consumer Issues
Topic: Bookkeeping software for small LLC
Replies: 1
Views: 302

Bookkeeping software for small LLC

What are some good choices for bookkeeping for a small LLC? Would need to keep track of around 10 total independent contractor's pay. Includes profit sharing for partnership.
by ChinchillaWhiplash
Sat Nov 09, 2019 3:14 pm
Forum: Personal Investments
Topic: Bonds in your taxable - any examples?
Replies: 10
Views: 1103

Re: Bonds in your taxable - any examples?

If you are in a high tax bracket (>24%), can be benificial to hold municiple bond fund in taxable. No fed and no state taxes on bonds from your home state on any interest paid. Your after tax yield can be pretty good for the top brackets.
by ChinchillaWhiplash
Sat Nov 09, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Tale of 2 doctor job opportunities
Replies: 41
Views: 3904

Re: Tale of 2 doctor job opportunities

One other bonus of being in PP is you can probably set up a solo401k and maximize your tax advantaged space. If you are set up as a business that is a partner of the group, you hire yourself and own the business 100%. You file your own W2 through the business. This allows you to do payroll deduction...
by ChinchillaWhiplash
Sun Nov 03, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: LLC Independent Contractors or Employees? Physician's Group structure
Replies: 2
Views: 186

Re: LLC Independent Contractors or Employees? Physician's Group structure

There is a misconception out there that an employer can choose whether people are employees or independent contractors. They can't. The Department of Labor sets definitions for each. In short, when the employer (the LLC) gets to determine how and what will be done workwise, the person is an employe...
by ChinchillaWhiplash
Sun Nov 03, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: LLC Independent Contractors or Employees? Physician's Group structure
Replies: 2
Views: 186

LLC Independent Contractors or Employees? Physician's Group structure

For a small physician's group which is an LLC, is it OK to hire everyone that works for the group as ICs in the eyes of the IRS? Or should they be employees of the group? Group will have 3 partners initially and 5 total. In addition to the partners, there will be anywhere from 3-5 more physicians ge...
by ChinchillaWhiplash
Sun Sep 22, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: ISP rural area what are my options?
Replies: 23
Views: 2249

Re: ISP rural area what are my options?

The one company that has good customer service for broadband couldn't get a good line of sight with their towers so is a no go. One other provider that might have better tower location, but is known for bad service. Might be my only option though.
by ChinchillaWhiplash
Sun Sep 22, 2019 12:28 pm
Forum: Personal Investments
Topic: Equivalent fund to PZA (AMT free municipal bond ETF)
Replies: 2
Views: 213

Equivalent fund to PZA (AMT free municipal bond ETF)

Was wondering if there is a similar fund out there? Key being the no alternative minimum tax. Want something that would work for TLH in taxable.
by ChinchillaWhiplash
Tue Sep 03, 2019 9:51 pm
Forum: Personal Consumer Issues
Topic: ISP rural area what are my options?
Replies: 23
Views: 2249

Re: ISP rural area what are my options?

Think there are just too many people on the DSL now. Others in my area have had the same kind of issues. Tech had to reschedule. Won't know if it will work here until next week :oops:
by ChinchillaWhiplash
Mon Sep 02, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: ISP rural area what are my options?
Replies: 23
Views: 2249

Re: ISP rural area what are my options?

Going to see if single point wireless will work here. Have a tech to see if we have line of sight with the tower. Was wondering how weather affects the signal? We do get a good bit of snow in the winters up here.
by ChinchillaWhiplash
Tue Aug 27, 2019 10:18 pm
Forum: Personal Consumer Issues
Topic: Used Sports Car
Replies: 50
Views: 3388

Re: Used Sports Car

Not the OP, but I'd be curious what people think about the Boxster. I've seen some apparently well-preserved examples from the 2000s that are in the $15K to $20K range. Looks like it would be a fun weekend car. How expensive is the bearing issue to fix? LNE ceramic bearing retrofit is around $750. ...
by ChinchillaWhiplash
Tue Aug 27, 2019 6:21 pm
Forum: Personal Consumer Issues
Topic: Used Sports Car
Replies: 50
Views: 3388

Re: Used Sports Car

FlyOverState wrote:
Tue Aug 27, 2019 5:53 pm
1999-2001 Porsche 911.
+1.

Just find one with good records of proper maintenance. I drive an 01 C2 Cab as my daily. Even in snow covered CO roads. IMS bearing, RMS, motor mounts are some of the common issues with easy fixes. If these have been addressed, no worries.
by ChinchillaWhiplash
Tue Aug 27, 2019 2:26 pm
Forum: Personal Consumer Issues
Topic: Used Sports Car
Replies: 50
Views: 3388

Re: Used Sports Car

Fiat 124 Spyder (Miata).
by ChinchillaWhiplash
Tue Aug 27, 2019 1:21 pm
Forum: Personal Investments
Topic: Options for tax deferred contributions? High income spouse MFJ
Replies: 17
Views: 842

Re: Options for tax deferred contributions? High income spouse MFJ

A self-employed individual with self-employed income in the current or any prior year is eligible to adopt and maintain a one participant 401k. Did not know this. This is cool for OP. Good info. Reference 401(c)(1)(B). Thanks for that great info! Definitly will work on setting that up.
by ChinchillaWhiplash
Tue Aug 27, 2019 9:00 am
Forum: Personal Investments
Topic: Options for tax deferred contributions? High income spouse MFJ
Replies: 17
Views: 842

Re: Options for tax deferred contributions? High income spouse MFJ

Start your own business? I did have my own business and telecommuted doing govt contract work. Doesn't seem to be a lot of work in my field anymore. Which is why I haven't been employed in a while. Was thinking of getting a rental property down the road. Would allow me to have a company to manage i...
by ChinchillaWhiplash
Tue Aug 27, 2019 8:54 am
Forum: Personal Investments
Topic: Options for tax deferred contributions? High income spouse MFJ
Replies: 17
Views: 842

Re: Options for tax deferred contributions? High income spouse MFJ

retiredjg wrote:
Tue Aug 27, 2019 8:07 am
Can you do some work for the S-corp? That is the only tax-deferred account I can think of which you might be eligible for.
Have talked to our CPA about this and is an option. Would be able to set up a 401k if I do this. I do a lot of paperwork etc so this might be my best option.