Search found 16 matches

by Mattzees
Thu May 16, 2019 11:56 am
Forum: Personal Investments
Topic: Criticism of my portfolio, please?
Replies: 9
Views: 1130

Re: Criticism of my portfolio, please?

To answer some of your questions: What am I doing about healthcare? I get healthcare thru the Marketplace, and I pay full price for it every month. Depending on my income (which is variable) at the end of the year, I may or may not get some of that back. How am I managing cashflow? I'm currently spe...
by Mattzees
Thu May 16, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

AerialWombat wrote:
Wed May 15, 2019 4:18 pm

3). Continue working on your moonshots. I, for one, will highly encourage such behavior. Most Bogleheads will not.
Thanks for that. :happy
by Mattzees
Wed May 15, 2019 8:19 pm
Forum: Personal Investments
Topic: Criticism of my portfolio, please?
Replies: 9
Views: 1130

Criticism of my portfolio, please?

I had posted in a different thread asking for advice, but didn't know the proper format to post in, so here it goes: Emergency funds: Have cash, would last between 2-3 years if all other income disappeared Debt: Zero, nothing. Tax filing status: currently single, but may get married in the next coup...
by Mattzees
Wed May 15, 2019 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

I got a lot of good perspective here, and thanks for the advice. It turns out that an error was made in the tax projection that prompted me to ask for help in this forum. Some capital gains from the previous year were not removed, but were instead doubled. I thought my tax liability was going to be ...
by Mattzees
Tue May 14, 2019 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

What kind of tech? The whole world is moving cloudy, so the laptop thing is just a portal to get into the cloud. My Macbook Air circa 2013 is just fine. Understand not wanting to learn the latest and greatest. That being said, you can still do cobol and mainframes in the tech world. Its a big world...
by Mattzees
Tue May 14, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

Katietsu wrote:
Tue May 14, 2019 7:11 pm
How much cash reserves do you have? Is this where the $10k to $15k is coming from?
Yes. I have over $100K in cash. I've always kept a large reserve around for real estate purchases. Hadn't planned on living off it, but I guess that's why we have reserves.
by Mattzees
Tue May 14, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

I believe I also "accidentally" retired if that is any consolation. I actually think I retired 2.5 years ago and the 5 months I worked in that time was a fluke :shock: . Also in tech. Yeah, tech is crazy. I was freelance, and the time flew by. Not looking to learn the latest, newest, trendy things ...
by Mattzees
Tue May 14, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

When you realize you haven't been working in your chosen field for a few years, you've accidentally retired. Never got anyone accidentally pregnant, but I accidentally retired. Whatever. I'm figuring on getting some part-time work, but would love to keep that to a minimum. I guess my question is how...
by Mattzees
Tue May 14, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

Re: I accidentally retired, and need tax advice

"Accidentally retired" means I closed up a tech business. Did some real estate. Planned on going back to work in tech, but after having spent a few years with real estate, I realized my skillset was badly dated and I'm about to turn fifty. I might buy and rehab another house at some point, but not n...
by Mattzees
Tue May 14, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6263

I accidentally retired, and need tax advice

I've got myself into a bit of a situation. It seems I've retired without meaning to. This isn't a bad thing, but it put me in sort of a feedback loop with my taxes. I'm 49 years old. I have no IRA. I have a portfolio of 50/50 stock/bond funds. I own some real estate, and that's why the portfolio is ...
by Mattzees
Tue May 14, 2019 5:46 pm
Forum: Personal Investments
Topic: VBILX intermediate bonds vs. VWAHX tax-exempt bonds?
Replies: 4
Views: 428

Re: VBILX intermediate bonds vs. VWAHX tax-exempt bonds?

Thanks. I hadn't seen VWIUX. Using the Vanguard compare tool, it seems like this fund also beats VBILX in every way. It appears these two funds have the same level of risk, so why wouldn't a tax-exempt fund make more sense in any tax bracket? Also, when you say "tax bracket", do you include state, l...
by Mattzees
Tue May 14, 2019 12:47 pm
Forum: Personal Investments
Topic: VBILX intermediate bonds vs. VWAHX tax-exempt bonds?
Replies: 4
Views: 428

VBILX intermediate bonds vs. VWAHX tax-exempt bonds?

I'm comparing two bond funds, VBILX and VWAHX. VBILX is an intermediate-term bond index fund. VWAHX is a high-yield tax-exempt investment-grade bond index fund. I'm investing outside of an IRA, so getting returns that are exempt from federal taxation sounds good to me. I thought that tax-exempt bond...
by Mattzees
Tue May 14, 2019 12:22 pm
Forum: US Chapters
Topic: Richmond, VA Area Local Chapter
Replies: 53
Views: 6435

Re: Richmond, VA Area Local Chapter

If this group is active, I would go to meetings!
by Mattzees
Sun Jan 28, 2018 9:17 pm
Forum: Personal Investments
Topic: VBLTX (Vanguard Long-Term Bond Index Fund)
Replies: 13
Views: 2169

Re: VBLTX (Vanguard Long-Term Bond Index Fund)

The situation is: I'm 48 years old, I never had any money until I was 40, then I made a bunch quickly, and had to take over my aging father's finances, which were being mismanaged. The end result is I have a bunch of money in the S&P500, and some real estate (four properties), which I own outright. ...
by Mattzees
Fri Jan 26, 2018 2:49 pm
Forum: Personal Investments
Topic: VBLTX (Vanguard Long-Term Bond Index Fund)
Replies: 13
Views: 2169

Re: VBLTX (Vanguard Long-Term Bond Index Fund)

Thanks for all this. Eventually, I have to make a decision about stepping off the S&P500 rocket but I can't bring myself to do it just yet. It's gotta happen soon though.
by Mattzees
Thu Jan 25, 2018 10:48 pm
Forum: Personal Investments
Topic: VBLTX (Vanguard Long-Term Bond Index Fund)
Replies: 13
Views: 2169

VBLTX (Vanguard Long-Term Bond Index Fund)

I'm a total noob, and am looking to balance my portfolio, which is currently 100% VFINX (which is the S&P500). I'm looking to take a more responsible position, which would be about 50% stocks and 50% bonds. I'm looking at VBLTX, and according to the Vanguard website... https://personal.vanguard.com/...