Search found 335 matches

by Darth Xanadu
Tue Jul 10, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Hyperbitcoinization?
Replies: 14
Views: 1311

Re: Hyperbitcoinization?

It's a good bet, but an even better bet is that by 2030 you will only be able to buy/sell/use bitcoin through Amazon.
by Darth Xanadu
Mon Jul 09, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: What to invest in after maxing out 401k, Roth IRA, HSA and starting a brokerage?
Replies: 9
Views: 605

Re: What to invest in after maxing out 401k, Roth IRA, HSA and starting a brokerage?

You might explore I-Bonds as you can defer tax on the interest for up to 30 years, but you can only get $10k per person per year.

Otherwise, continue padding taxable and/or increase saving towards your real estate investment.
by Darth Xanadu
Mon Jul 09, 2018 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 177
Views: 32241

Re: $13 Million Goal for Early Retirement (am I crazy?)

HSA (paying for current expenses out of pocket and saving receipts): $10K cash at HSA bank $23K invested in Fidelity Total Market Index (FSTVX) with Fidelity as administrator I'm curious, if you are cash-flowing healthcare expenses, why do you have $10k in cash in your HSA? I'm not knocking the dec...
by Darth Xanadu
Mon Jul 09, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 177
Views: 32241

Re: $13 Million Goal for Early Retirement (am I crazy?)

HSA (paying for current expenses out of pocket and saving receipts): $10K cash at HSA bank $23K invested in Fidelity Total Market Index (FSTVX) with Fidelity as administrator I'm curious, if you are cash-flowing healthcare expenses, why do you have $10k in cash in your HSA? I'm not knocking the dec...
by Darth Xanadu
Tue Jul 03, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation once you reach your target
Replies: 42
Views: 2991

Re: Asset Allocation once you reach your target

The short answer is, "It depends".

But in most realistic scenarios for me, I would likely be in the 35%-45% equities range.
by Darth Xanadu
Fri Jun 29, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Need help starting with taxable investing
Replies: 9
Views: 606

Re: Need help starting with taxable investing

Yes, I should have clarified that I was asking about automatically reinvesting dividends. Thank you for all of the feedback, I really appreciate it. I used to have dividends automatically re-invested in taxable, but now I just take the cash and then make new purchases once it hits a certain $ thres...
by Darth Xanadu
Fri Jun 29, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 63
Views: 9187

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

Just a FYI to people with the 1.75% No-Penalty CD's. It looks like Ally raised the rate to 1.8% for $25k+. I'm going to close and re-open the few that I have over there. The no penalty CD is now up to 1.85% for $25k+. I am closing my 1.75% from December and re-opening at this rate. Also, the regula...
by Darth Xanadu
Wed Jun 27, 2018 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Roth or loan for kids last year of college
Replies: 12
Views: 1078

Re: Roth or loan for kids last year of college

keeping the Roth as you suggest has the potential to save you some decent money in taxes as you manage your withdrawal strategy in retirement. This was the thought that led to my question. Can you imagine scenarios where the potential becomes the reality? Imagine a situation where, in retirement, y...
by Darth Xanadu
Tue Jun 26, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 6946

Re: Family dynamics/in laws/am I being petty?

Don't say anything ... result is splitting the bill and maintaining family harmony (i.e. you are paying fully for the parents). Raising the issue with the family ... result is potential awkwardness, perhaps hurt feelings or even hostility/resentment. Maybe they decide to stop the group celebratory d...
by Darth Xanadu
Tue Jun 26, 2018 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Roth or loan for kids last year of college
Replies: 12
Views: 1078

Re: Roth or loan for kids last year of college

The thing that makes me wonder about taking a loan and not using the Roth is that our assets (apart from home equity) are almost all tax deferred and we have so little assets in taxable accounts. Keeping the Roth provides additional flexibility as we approach and begin retirement. I think either ap...
by Darth Xanadu
Sat Jun 23, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes from dividends getting high.. how to handle?
Replies: 24
Views: 2745

Re: Taxes from dividends getting high.. how to handle?

When I mentioned dividend reinvestment, I meant i have AUTO re-investment and was wishing there was a way I could say 'auto-reinvest 85% and keep 15% in cash' to the auto-investing feature. I'm not sure what your holdings are but couldn't you set some to reinvest and some not ... such that about 15...
by Darth Xanadu
Fri Jun 22, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 93
Views: 5705

Re: Struggling - Seeking Advice to Get On Track

BL wrote:
Fri Jun 22, 2018 4:39 pm

Social Security is taxed at 0-85%, depending on income, so at least some is not taxed at all.
To be clear, I think you mean up to 85% of SS payments can be subject to income tax.
by Darth Xanadu
Fri Jun 22, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Hypothetical HSA spend down
Replies: 1
Views: 258

Hypothetical HSA spend down

Hello forum, I am hoping to confirm my understanding of HSA treatment upon death(s) of owners, and also tactics to maximize tax efficiency. Let's suppose I am married and have an HSA with a balance of $300k, with $100k of previously incurred cumulative qualified medical expenses. If I die, my wife i...
by Darth Xanadu
Fri Jun 22, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: I think I am in trouble...way behind where I should be
Replies: 22
Views: 2479

Re: I think I am in trouble...way behind where I should be

Re the HSA -I need to go read up on this ASAP. Knock wood, I am perfectly healthy. Never really go to the dr except for an annual checkup. My work plan has me paying nothing monthly and I think my deductible is $500. I could be wrong, but I don't believe you will be eligible for an HSA if your annu...
by Darth Xanadu
Fri Jun 22, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 161
Views: 14671

Re: Did you celebrate when you finally hit $1m?

I don't plan on doing anything special; as others have noted, it's generally such a fluctuating number that there's usually not one "point in time" that you can identify. If I go out for a steak dinner I'm guessing I'd be eating lots of steak for a year. That said, from a high-level perspective it c...
by Darth Xanadu
Thu Jun 21, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 4999

Re: How much of your taxable holdings is unrealized capital gains?

Age 41.

17.0% of taxable account is unrealized capital gains. Zero loss carry-over.
by Darth Xanadu
Thu Jun 21, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 93
Views: 5705

Re: Struggling - Seeking Advice to Get On Track

investjack019 wrote:
Thu Jun 21, 2018 12:18 pm
I am not finding one that is near 25-30% in my companies target funds.
What about the 2030 fund?
by Darth Xanadu
Thu Jun 21, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 93
Views: 5705

Re: Struggling - Seeking Advice to Get On Track

So if I go to 100% into one of the target funds - 1. What is the benefit of doing this vs. keeping it the way it currently is invested? 2. Since I do not know how to fully digest the stuff I posted like an expert what sort of return should I expect on these Target funds - am I right to think 7-10% ...
by Darth Xanadu
Thu Jun 21, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Struggling - Seeking Advice to Get On Track
Replies: 93
Views: 5705

Re: Struggling - Seeking Advice to Get On Track

Current contributions is 6% - Before-Tax but there is a Roth Option... not sure if I should also be exploring that too? I think all of your 401k contributions should go to Traditional (pre-tax) 401k, not Roth 401k. I think the tax savings for you will be helpful given your circumstances. You will h...
by Darth Xanadu
Wed Jun 20, 2018 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate my finances. Young guy.
Replies: 96
Views: 13581

Re: Evaluate my finances. Young guy.

As an update: I am glad I didn't listen to anyone about having lots of debt. Right now, my debt is completely manageable that it would take a 85% market crash for me to become insolvent and get margin calls. I am considering increasing margin debt but interest rates are a little high... Assets: $61...
by Darth Xanadu
Wed Jun 20, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Amazon?
Replies: 17
Views: 1311

Re: Selling Amazon?

I've hung onto all my individual positions unless or until there's an opportunity to harvest losses and doing so otherwise makes sense to me in light of other tax activity I'm considering or have previously executed during the year. Almost all new money goes into total market index, international in...
by Darth Xanadu
Fri Jun 15, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 63
Views: 9187

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

I'm thinking of breaking my 1.75% no-penalty cd and doing 3 smaller cd's to build a 6-month ladder i.e. 6 month cd at 2%, 12 month cd at 2.3% and 18 month cd at 2.35%. It's either that, or switch to the 1.8% no-penalty. I can't decide. VG Prime MM Fund has zero term risk, current SEC yield of 1.96%...
by Darth Xanadu
Fri Jun 15, 2018 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 63
Views: 9187

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

I'm thinking of breaking my 1.75% no-penalty cd and doing 3 smaller cd's to build a 6-month ladder i.e. 6 month cd at 2%, 12 month cd at 2.3% and 18 month cd at 2.35%. It's either that, or switch to the 1.8% no-penalty. I can't decide.
by Darth Xanadu
Fri Jun 15, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2416

Re: $75,000 bonus - help me with my plan

Still don’t understand why the lower interest rate loan is being suggested as the first priority. Isn’t mortgage interest deductible too whereas auto interest is non-deductible? Your suggestion makes sense from a purely financial perspective. However, I would value the liquidity given the circumsta...
by Darth Xanadu
Fri Jun 15, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: $75,000 bonus - help me with my plan
Replies: 20
Views: 2416

Re: $75,000 bonus - help me with my plan

Since you are planning on moving in a couple years, I would pay off the car loan. Bank the rest. Look for higher rate on your savings. You can get 2%+ if you check out various CD options. Eliminating car loan will increase cash flow, and you can put that towards taxable investing. I wouldn't touch t...
by Darth Xanadu
Thu Jun 14, 2018 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Where to roll over Roth 401k to
Replies: 8
Views: 650

Re: Where to roll over Roth 401k to

Although, the IRS web page I linked above does give me some pause as they make it sound like I can't just pull out the post-tax balance and rollover to a Roth IRA. Notice 2014-54 doesn’t change the requirement that each plan distribution must include a proportional share of the pretax and after-tax...
by Darth Xanadu
Thu Jun 14, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 12229

Re: MD&P just purchased X / sold Y [md&pharmacist]

I've spent almost ten minutes reading through these posts, and I have to admit that I really don't understand the point of this meandering, non-actionable, run-its-course-candidate-if-there-ever-was-one thread.
by Darth Xanadu
Wed Jun 13, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: A great father's day gift
Replies: 19
Views: 3466

Re: A great father's day gift

I mentioned his status as single because it can be relevant to net worth. IMHO, I think it can be more difficult for a married couple with children to accrue wealth. A spouse and children adds variables. BTW: He has a very nice girlfriend. Great gal. Really like her. Pretty good cribbage player. Th...
by Darth Xanadu
Mon Jun 11, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Which way to save for my child?
Replies: 32
Views: 1908

Re: Which way to save for my child?

If I were you, unless you are planning on saving a lot of money for your child, then maybe just a "separate" account earmarked for her is best as it offers maximum flexibility. Full disclosure: I invest in 529 for my kid due to tax benefits, and also have a UTMA that holds a small gift from grandma ...
by Darth Xanadu
Mon Jun 11, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Severance Package Question
Replies: 60
Views: 5891

Re: Severance Package Question

Very interesting thread. Thanks for the continued updates. Sounds like you made a well-thought out pitch with minimal expectations, and you were denied. No harm in asking as you did, and I wouldn't consider it a fold on your part at all. Good luck with your next chapter!
by Darth Xanadu
Mon Jun 11, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing/Saving- help
Replies: 7
Views: 493

Re: New to Investing/Saving- help

Good advice given thus far. Also, check out the "Prioritizing Investments" wiki (you can search the google box at the top of BH page). Crush the cc debt, then the car and student loans. Then build a reasonable emergency fund. Then max as much as possible your tax advantaged accounts (401k and Roth I...
by Darth Xanadu
Wed Jun 06, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51815

Re: How much money do you want to retire?

Age: 41 (Wife: 34)
Kids: 1 (age 7 months)

My goal is to retire at the earliest of (i) 60 years old, (ii) 35x expenses, or (iii) portfolio total of $5M (net of mortgage, and excluding home equity).

I'm guessing I'll retire at 60 lol. No pension, and not really banking on SS.
by Darth Xanadu
Wed Jun 06, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to sell large position of shares / lots over time
Replies: 7
Views: 644

Re: How to sell large position of shares / lots over time

If this is through an ESPP, you should also check about tax rules, I think some portion of gains are taxed as ordinary income even if your brokerage lists as LTCG. There are rules about qualifying disposition and tax treatment, that I'm aware of but not expert in, that may influence your thinking.
by Darth Xanadu
Fri Jun 01, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Why have a savings account at all?
Replies: 153
Views: 10725

Re: Why have a savings account at all?

mptfan wrote:
Fri Jun 01, 2018 3:23 pm
MnD wrote:
Fri Jun 01, 2018 1:58 pm
And furthermore, most people are broke and the tow truck operators, court systems, emergency cleanup crews and urgent care people all know this and that's why they all take credit cards now.
You can't bail out of jail with a credit card.
Unless you're MacGyver.
by Darth Xanadu
Thu May 31, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 191
Views: 16732

Re: Top Shelf Liquor Overrated?

Svedka Vodka is a good value.
by Darth Xanadu
Fri May 25, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 4005

Re: When did this start??

I get the sense that the bad tippers are the same people that pretend they don't see the suggested donations box when they go to the free museum or conservatory.
by Darth Xanadu
Fri May 25, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: Folks, I'm calling the Tops for Bay area RE market
Replies: 46
Views: 2750

Re: Folks, I'm calling the Tops for Bay area RE market

Now or within 4 months.. Rest of the US will lag by 8-12 months.. Hotter markets first. I may be wrong but I kinda feel it. You are wrong. The actual top of the Bay Area real estate market will be March 15, 2021, between 2 p.m. and 3 p.m. local time (I may be wrong about the time, but I kinda feel ...
by Darth Xanadu
Wed May 23, 2018 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Switching jobs, what to do with 401k
Replies: 13
Views: 1329

Re: Switching jobs, what to do with 401k

I believe they have to offer to keep your 401k in the plan if it's above a certain threshold, like $5k. If this is true (confirm) then no rush to do anything. Rolling into new 401k could be a good option, as could rolling into an IRA, provided you aren't in a position where your only option for Roth...
by Darth Xanadu
Wed May 23, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest $1.4 million inheritance?
Replies: 32
Views: 4450

Re: How to invest $1.4 million inheritance?

I would invest it all now per my preferred asset allocation. Well, first I would set aside a little of it to do something fun with, but the rest I would invest tomorrow with no hesitation. But that's me. I like to make a decision and move on, and don't agonize if it later turns out that a slightly ...
by Darth Xanadu
Wed May 23, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 3022

Re: Parents with pre-K kids and 529 target

novemberrain wrote:
Wed May 23, 2018 12:52 pm

Plus if they choose some deadbeat major, I will not fund anything.
Just curious, from a practical standpoint, do kids generally choose majors as a freshman? I honestly don't recall when I chose mine (which honestly would probably fall on your list of deadbeat majors, lol).
by Darth Xanadu
Wed May 23, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 3022

Re: Parents with pre-K kids and 529 target

To avoid overfunding 529s, my goal is to hold 50-75% of my total college savings in 529s and hold the rest in I Bonds and taxable accounts. It's not a perfect method, but I really don't think there's a better way. +1 This is what I'm doing. my kid is less than 1 year old. I am putting $250/month in...
by Darth Xanadu
Mon May 21, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: What are downsides of ESPP @ 15% discount ?
Replies: 41
Views: 3035

Re: What are downsides of ESPP @ 15% discount ?

Almost no downside. You should take advantage. The tax situation can be convoluted but it's a small price to pay.
by Darth Xanadu
Mon May 21, 2018 8:31 pm
Forum: Personal Consumer Issues
Topic: Time For New Car?
Replies: 34
Views: 2618

Re: Time For New Car?

I'd keep it. Sounds like it could also be the strut bearings or the cv joints. If the steering wheel tends to stick and tries to remain going in the direction of a sharp turn - it could be the strut bearings clanking. If it clanks going in one direction more so than the other (making turns) could b...
by Darth Xanadu
Mon May 21, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12634

Re: how do you tip on wine at a restaurant

OP, I do not tip differently for alcohol. I generally spend $60-$120 on a bottle of wine however, so nothing upscale. You don’t consider the upper end of “$60-$120" a bottle to be upscale? I don’t care what you spend money on, but on a forum where a lot of people are notoriously frugal, I found thi...
by Darth Xanadu
Fri May 18, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12634

Re: how do you tip on wine at a restaurant

This thread should be renamed to "Most creative rationalizations for stiffing restaurant workers"
by Darth Xanadu
Fri May 18, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: Quadcopter Drone anybody? - for beginner
Replies: 15
Views: 1182

Re: Quadcopter Drone anybody? - for beginner

I can't chime in with a recommendation but I'm interested to know the level of difficulty in flying one of these. I used to have a small R/C helicopter but never could get the hang of it.
by Darth Xanadu
Thu May 17, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12634

Re: how do you tip on wine at a restaurant

Tipping as a linear percentage of the total cost of the bill works very much in restaurant owners favor because under this system wait staff will work hard to up sell every table to maximize the size of their tip. Does it make sense that the front of the house staff get twice as much tip for a $40 ...
by Darth Xanadu
Thu May 17, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12634

Re: how do you tip on wine at a restaurant

GCD wrote:
Thu May 17, 2018 3:12 pm
ponyboy wrote:
Thu May 17, 2018 3:09 pm
GCD wrote:
Wed May 16, 2018 8:23 pm
theplayer11 wrote:
Wed May 16, 2018 7:34 pm
real men drink beer
and don't eat quiche.
What kind of real man doesnt eat eggs and cheese?
Here's my cite. The guidebook to the "truly masculine": https://www.amazon.com/Real-Men-Dont-Ea ... 0671448315
Written by a guy named Bruce. Truly masculine.
by Darth Xanadu
Thu May 17, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 3200

Re: Hot food flavoring (sauces, spices and peppers)

Can't recommend these offerings enough. Quite good, and some are quite hot (but there are also milder flavors too). Rhubarb Reaper is my current favorite.

https://www.coopsauce.com/
by Darth Xanadu
Thu May 17, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12634

Re: how do you tip on wine at a restaurant

I'm glad I don't drink in restaurants. To read that a person pays $50 for food and 1.5 times that for wine is so strange to me. Can people not hold off for an hour or two? What a ... utilitarian .. comment. OP, I do not tip differently for alcohol. I generally spend $60-$120 on a bottle of wine how...