Search found 427 matches

by Darth Xanadu
Tue Sep 25, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Best/worst flavors of Gatorade/Powerade
Replies: 23
Views: 1401

Re: Best/worst flavors of Gatorade/Powerade

Gatorade Frost Riptide Rush
by Darth Xanadu
Tue Sep 25, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Help with AA - moving my 401k from 100% stock
Replies: 3
Views: 252

Re: Help with AA - moving my 401k from 100% stock

And even if I do chose a 'safe' fund or solution in my 401k, do i work with "future investments," or swap or re-balance from the current investments? Just curious how other handle this. You could go either route; the sense I get is that most BH re-balance with current amounts. Since you are not too...
by Darth Xanadu
Mon Sep 24, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with a windfall
Replies: 10
Views: 1413

Re: What to do with a windfall

Dandy - I hadn't considered a bond fund. Do you think that hoping to get a ~3% return from a bond fund like that versus just taking the 1.85% return that I get from my Ally savings account is worth the extra work at tax season? Don't forget that Ally offers the no-penalty CD option, which is curren...
by Darth Xanadu
Fri Sep 21, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio with 3.2% Yield
Replies: 16
Views: 2208

Re: Portfolio with 3.2% Yield

aristotelian wrote:
Fri Sep 21, 2018 12:57 pm
You are making selective bets on certain types of stocks. You are taking a risk that you may underperform (as Wellesley has this year). Also, having a high dividend yield can give you less flexibility in managing your tax efficiency.
But distributions in a 401k plan are not a taxable event.
by Darth Xanadu
Thu Sep 20, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Roth Income Limit
Replies: 9
Views: 830

Re: Roth Income Limit

I am in this situation. I’m close enough to the limit that I did a Backdoor Roth rather than a direct Roth contribution. That way no matter how my income for the rest of the year turns out I will not have broken any rules. May be off topic, but I had a straightforward question about the mechanics o...
by Darth Xanadu
Thu Sep 20, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: So new to all this it hurts!
Replies: 27
Views: 3403

Re: So new to all this it hurts!

You've gotten good advice; I have zero doubt you can do this. One thing to reiterate (it may have been mentioned earlier in the thread) is that your asset allocation (in your case, it looks to me, based on your comments, like you would be comfortable with an equity exposure of 40%-60%) should be vie...
by Darth Xanadu
Thu Sep 20, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Roth Income Limit
Replies: 9
Views: 830

Re: Roth Income Limit

Make a prior-year contribution after you've calculated your taxes. https://www.irs.gov/retirement-plans/traditional-and-roth-iras What is the deadline to make contributions? Your tax return filing deadline (not including extensions). For example, you can make 2017 IRA contributions until April 17, ...
by Darth Xanadu
Tue Sep 18, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Provding SSN for Estate Planning--Why?
Replies: 22
Views: 1643

Re: Provding SSN for Estate Planning--Why?

I just received some forms from an estate attorney as I am going through the same process ... at this point she is only asking for the last 4 digits of my SSN.
by Darth Xanadu
Tue Sep 18, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance...Social Security also pays?
Replies: 25
Views: 1451

Re: Life Insurance...Social Security also pays?

Also, if your wife decides to work, she would be under the earnings test for beneficiaries younger than retirement age so her survivors benefit would be reduced if she goes over the annual earnings limit. Currently, $17,040 Interesting ... so after looking at SSA website: "If you are under full ret...
by Darth Xanadu
Tue Sep 18, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance...Social Security also pays?
Replies: 25
Views: 1451

Life Insurance...Social Security also pays?

I'm looking to purchase term life insurance (to replace the voluntary group life insurance I buy through work). I have a 1 year old at home, I am 41 and my spouse is 34. I saw something on the Social Security website that says "You have enough credits for your family to qualify for survivor benefits...
by Darth Xanadu
Tue Sep 18, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 8
Views: 450

Re: HSA Investment Options

Check the Vanguard 500 fund. Thanks I didn't actually see that one. It says .14% total operating expense for investor shares which is what I guess I would have. http://quote.morningstar.com/fund-filing/Prospectus/2017/4/27/t.aspx?t=VFIAX&ft=485BPOS&d=9974378557416b45bc2d832f365d2008 Your earlier po...
by Darth Xanadu
Tue Sep 18, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 8
Views: 450

Re: HSA Investment Options

Check the Vanguard 500 fund.
by Darth Xanadu
Tue Sep 18, 2018 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Buying I-Bonds
Replies: 9
Views: 729

Re: Buying I-Bonds

Thanks for the clarification. My intention was to purchase the i-bonds to draw from for collage expenses starting in 18-24 months. I noticed the tips required 5 years for tax free usage vs 1 for the I-bonds, pertaining to being education use tax free. Just curious, do you have a state that offers a...
by Darth Xanadu
Tue Sep 18, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Buying I-Bonds
Replies: 9
Views: 729

Re: Buying I-Bonds

Well, it's a pseudo-tax-deferred account since you don't pay tax on earnings as long as you hold the bond (up to 30 years) but you buy with money that's already been taxed. I'm not sure what you mean by holding it in a Taxable account. You must purchase through the TD website electronically (ignorin...
by Darth Xanadu
Tue Sep 18, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Buying I-Bonds
Replies: 9
Views: 729

Re: Buying I-Bonds

^^^ Yes, I believe this is the only way to purchase and hold I-Bonds.
by Darth Xanadu
Mon Sep 17, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security Until 70
Replies: 115
Views: 8983

Re: Delaying Social Security Until 70

Our plan is wife claims her smaller benefit at FRA. That way her eventual spousal benefit will not be reduced. I'll claim at 70. Unfortunately we missed the restricted filing options, otherwise our strategy might have been different (and better). Is it permissible for a spouse to claim their own be...
by Darth Xanadu
Mon Sep 17, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Pay large medical bills - cash or HSA?
Replies: 8
Views: 514

Re: Pay large medical bills - cash or HSA?

What is your overall plan with the hsa, now and in the future? Do you have the money in the hsa invested? Good questions for the OP. If you intend to fund HSA in the future, then it makes sense to try and pay the expenses out of pocket. If not, maybe just spend it down so you don't have an extra ac...
by Darth Xanadu
Fri Sep 14, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Single Family Homes in Chicago?
Replies: 28
Views: 2880

Re: Single Family Homes in Chicago?

Check out Logan Square, Lincoln Square (as pricey as Roscoe Village), and Ravenswood.

Better values can be found in Old Irving, Albany Park, Jefferson Park. Old Irving is probably the most family-friendly of the 3.
by Darth Xanadu
Thu Sep 13, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Wife's Roth @ a Financial Advisor
Replies: 33
Views: 1752

Re: Wife's Roth @ a Financial Advisor

OP, you mentioned you want to start maxing out this Roth IRA going forward. If you start to contribute to it again, you would be faced with sales charges on contributions. Instead, you could start up a new Roth at Vanguard or elsewhere that is low-cost while you decide what to do with this one. Can...
by Darth Xanadu
Thu Sep 13, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2208

Re: How to stay the course when you “think” you can outsmart the market

I truly believe indexing is the best way to invest but sometimes “ideas” get the best of me. For example with the hurricane approaching I thought it would be a smart move to buy Generac, already down 5%. I was curious how often other boggleheads trade short term and how the smart ones have the disc...
by Darth Xanadu
Thu Sep 13, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Do you rollover all of your previous 401ks?
Replies: 33
Views: 2206

Re: Do you rollover all of your previous 401ks?

As previously discussed, since you need to utilize backdoor Roth IRA, you would not want to roll into an IRA. Rolling over to a new 401k plan makes good sense, if investment options are reasonable. This simplifies things. I have one old 401k which I did not roll over as this is at Fidelity with most...
by Darth Xanadu
Thu Sep 13, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Setting up Backdoor Roth IRA, can't figure out where to stuff IRA
Replies: 26
Views: 2037

Re: Setting up Backdoor Roth IRA, can't figure out where to stuff IRA

See Spirit Rider's earlier comment as one possible solution for you. Maybe down the road, you will have a different job that allows you to roll IRA balance into a work plan. Otherwise, I agree with regiredjg, just save in taxable since Roth IRA is not an option (if you don't pursue side job). Have y...
by Darth Xanadu
Mon Sep 10, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Working until the end of January for Roth contribution
Replies: 20
Views: 1663

Re: Working until the end of January for Roth contribution

I would think that it's $8200 minus $2000 minus $600.
by Darth Xanadu
Mon Sep 10, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Working until the end of January for Roth contribution
Replies: 20
Views: 1663

Re: Working until the end of January for Roth contribution

I believe it is based on taxable compensation so I would presume that you'd have to back out the pre-tax contributions when determining your maximum limit.
by Darth Xanadu
Mon Sep 10, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 66
Views: 5608

Re: Vacation house? Need objective third party

greg24 wrote:
Mon Sep 10, 2018 3:00 pm
That is a pricey vacation home, which you may end up not using very often.

I agree with the posts that say you should pay off your primary residence and save up the money to buy a vacation home for cash.
+1 The lake isn't going anywhere. I would re-prioritize.
by Darth Xanadu
Mon Sep 10, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6144

Re: Paying off mortgage with 87K left on it

$5,500/yr to max out Roth IRA -- this needs to change, as this past year saw that IRS says I can no longer contribute that much Though not related specifically to your question, search the forums for backdoor Roth contributions. This will allow you to effectively "contribute" to the Roth IRA despit...
by Darth Xanadu
Sat Sep 08, 2018 10:05 am
Forum: Personal Consumer Issues
Topic: What does a typical homeowners insurance policy have?
Replies: 15
Views: 1864

Re: What does a typical homeowners insurance policy have?

The first page of the legalese will likely have a header saying it is a form HO <number>. You want it to be an HO 3 or an HO 5. If not, report back and we can figure out which perils you are insured against. Thank you Iridium, it looks like my policy states: Optional Endorsements HO-290 (10-06) Per...
by Darth Xanadu
Fri Sep 07, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: What does a typical homeowners insurance policy have?
Replies: 15
Views: 1864

Re: What does a typical homeowners insurance policy have?

I'm reviving this older thread because as I was recently looking at my homeowner's insurance, the thought occurred to me that I have no idea if I'm adequately insured or not. What do people typically pay? I only pay $294/year, that seems really inexpensive. The coverage details are: Dwelling - $100,...
by Darth Xanadu
Thu Sep 06, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Pay for Medical Costs with HSA or Savings?
Replies: 15
Views: 1035

Re: Pay for Medical Costs with HSA or Savings?

Once my HSA slips below $5K, there's a $3/month charge, so there's incentive to just use it up and close it out. Correct? This is a bit of a thread hijack but I would suggest that it implies an incentive for exactly the opposite (Fund it to get over the 5k amount and avoid the $3 charge). Totally a...
by Darth Xanadu
Thu Sep 06, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: should I reinvest capital gains and dividends in a taxable account?
Replies: 11
Views: 993

Re: should I reinvest capital gains and dividends in a taxable account?

I have vtsax and schwab target date fund in a taxable account. should I reinvest or just take the cash? It doesn't matter, you are taxed on the dividend/cap gain whether you reinvest or not. It is personal preference. There are those that don't like to keep track of a lot of small purchases and so ...
by Darth Xanadu
Thu Sep 06, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: How Big of a Mortgage Should We Get?
Replies: 41
Views: 3057

Re: How Big of a Mortgage Should We Get?

Like you, I had enough to pay in cash but as a self employed person with fluctuating income, I wanted a little extra cash cushion. I put down 45% and took out a 30 year mortgage. I made sure to max out all retirement plans, invest in taxable accounts and make extra principal payments on the mortgag...
by Darth Xanadu
Tue Sep 04, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9864

Re: Max you should invest in a 529?

I think, generally speaking, if one has surplus funds, then max 529 is great for future generations. Practically speaking, I am investing in 529 with the goal of funding ~50% of college costs from it. This is to get some tax advantage, but really limit risk of over-funding. I plan to cash flow and/o...
by Darth Xanadu
Tue Sep 04, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Men’s Underwear recommendation
Replies: 67
Views: 6787

Re: Men’s Underwear recommendation

VoG2206 wrote:
Wed Aug 15, 2018 4:29 pm
Saxx and it’s not even close. They are worth every penny.
+1000

I do have some Adidas that I like, but I think it's unlikely I'll ever purchase anything other than Saxx ever again.
by Darth Xanadu
Fri Aug 31, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 5002

Re: Will I ever sell Ibonds from 2001 - 3% fixed

I plan to cash mine out over a period of 3 tax years in order to minimize taxes. Cash some out in December of one year, some out in December of the following year, and then cash the rest out when they mature (in May or something like that). So I end up cashing some 17 months early (exactly to the t...
by Darth Xanadu
Thu Aug 30, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off student loan with ROTH contributions
Replies: 16
Views: 1142

Re: Pay off student loan with ROTH contributions

camillus wrote:
Thu Aug 30, 2018 4:17 pm
I am very anti-debt, but I would not do this. Instead, I would buckle down and pay that off as quick as I could, while capturing the 401k match.
Yes! What camillus said.
by Darth Xanadu
Tue Aug 28, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: thinking of paying off mortgage pls help
Replies: 52
Views: 3099

Re: thinking of paying off mortgage pls help

First of all - sorry for your loss. You are doing very well. I think paying off the mortgage would be a good thing to do. It would get rid of some uncertainty and you would "lock In" a good rate without having to worry about refinancing, etc. Withdrawing from your taxable account while you go back ...
by Darth Xanadu
Tue Aug 28, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Brightstart IL 529 Investment Allocation Question
Replies: 4
Views: 261

Re: Brightstart IL 529 Investment Allocation Question

Interestingly, I see different expense ratios ... for example 0.15% on the Vanguard TSM. I think Brightstart adds 0.08% across the board as program management fee that they must skim off?

I may be missing something...
by Darth Xanadu
Tue Aug 28, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 286
Views: 27863

Re: U.S. stocks continue to soar!

feel like year 2000 again. Not to me. There is optimism here but not the euphoria of the late 1990's. Not even close in my opinion. I just saw a link to a news story titled "Consumer Confidence Highest Since 2000." Chilling. :shock: Might be time to put in a buy for toilet paper and bottled water f...
by Darth Xanadu
Tue Aug 28, 2018 12:40 pm
Forum: Investing - Theory, News & General
Topic: An idea for Bogleheads with kids: The Fidelity Zero-Fund Piggy Bank!
Replies: 20
Views: 2152

Re: An idea for Bogleheads with kids: The Fidelity Zero-Fund Piggy Bank!

nisiprius wrote:
Tue Aug 28, 2018 7:46 am
I was mildly disappointed that I couldn't have the box, and disappointed that it was boring magic that only worked on money.
Reminds me of this little gem:

https://www.youtube.com/watch?v=dgct3Jn8pFA



Kudos to the OP for what sounds like a job well done!
by Darth Xanadu
Mon Aug 27, 2018 2:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 54550

Re: Post your Financial Milestone Announcements Here

In 2018, my total 401k balance has surpassed $500k, and both my Roth IRA balance and my taxable brokerage balance have each crossed $100k. I've always been a reasonably decent saver, but I feel more confident about my future after spending time on this forum to take advantage of the great advice giv...
by Darth Xanadu
Mon Aug 27, 2018 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: 28 year's old with no retirement savings.
Replies: 31
Views: 3246

Re: 28 year's old with no retirement savings.

togb wrote:
Sun Aug 26, 2018 3:56 pm
Bonus/incentive pay is taxed at 40%, so typically I fund before tax savings from bonus-- just something to consider.
:confused
by Darth Xanadu
Sun Aug 26, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: What is your stealth way to save monthly?
Replies: 87
Views: 9597

Re: What is your stealth way to save monthly?

ESPP through work (quarterly buy, but $ deducted from each paycheck).

ESPP = Employee Stock Purchase Plan
by Darth Xanadu
Fri Aug 24, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is Treasury Direct worth the hassle?
Replies: 52
Views: 4804

Re: Is Treasury Direct worth the hassle?

I opened a TD account to buy Series I Bonds, and I haven't found it to be a hassle at all. So I think the question to ask yourself is, do you really want to buy I Bonds? If yes, then open the TD account. It's really not this big scary thing people make it out to be.
by Darth Xanadu
Thu Aug 23, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10623

Re: Take auto loan 0.9% if I can afford cash?

If you owned the car debt free today, would you borrow against it and invest? If you offer me a 0.9% loan and I can get 2.5% guaranteed in a CD, I'd do it in a minute. Can I borrow $1M against my 2011 Forester? Please? +1 Yes, of course it makes the most sense to take the loan. I find it interestin...
by Darth Xanadu
Tue Aug 21, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Where to buy engagement ring?
Replies: 56
Views: 4032

Re: Where to buy engagement ring?

I've purchased from both Blue Nile and Brilliant Earth. Both experiences were fine. I like Brilliant Earth because they have a good selection of estate jewelry.
by Darth Xanadu
Tue Aug 21, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 188
Views: 19983

Re: Treasury Bonds are the Only Bonds You Need

401k doesn’t offer Treasury only, total bond market index is next best choice. The other bond funds are too expensive and corporate credit only. Same here in both my 401k and 457. Although these days, the stable value fund in my 401k paying 3.25% is a better deal anyway. In my 401k, I'm considering...
by Darth Xanadu
Mon Aug 20, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Paying cash for a house. Good idea?
Replies: 12
Views: 1796

Re: Paying cash for a house. Good idea?

Although I generally would be in favor of taking a mortgage for cash-flow flexibility, it would seem in your circumstances, paying cash is an attractive option. One thing you mentioned is $50k+ in reno costs. Are these expenses imminent / urgent? If so, then I'd lean more towards getting a loan (eit...
by Darth Xanadu
Thu Aug 16, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: High tax bracket - Go 100% Roth in tax advantaged?
Replies: 47
Views: 4096

Re: High tax bracket - Go 100% Roth in tax advantaged?

I'm a big fan of Roth and think it makes sense to have both traditional and Roth. However if I were in a 45% marginal rate I'd go traditional. I just could not pass up a 45% up front reduction in taxes. My bet would be somewhere down the line my tax rate will decrease and I could do Roth conversion...
by Darth Xanadu
Thu Aug 16, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10623

Re: Take auto loan 0.9% if I can afford cash?

Yes, of course you should take the 0.9% loan.