Search found 31 matches

by ziggny
Wed Jan 27, 2021 7:00 pm
Forum: Investing - Theory, News & General
Topic: Is the Gamestop mania the small value premium finally making a comeback?
Replies: 29
Views: 2663

Re: Is the Gamestop mania the small value premium finally making a comeback?

The pearl clutching by Wall Street media is pretty sickening. Where was the outrage when House Members and Senators traded on information they got before the public got it? Where is the outrage about bank execs getting to keep their money after they almost destroyed the financial markets and caused...
by ziggny
Sun Dec 20, 2020 6:05 pm
Forum: Personal Consumer Issues
Topic: We might have significantly over-estimated our income needs during retirement
Replies: 78
Views: 9095

Re: We might have significantly over-estimated our income needs during retirement

Call me crazy, this pandemic has shown me how I *don’t* want to live in retirement. Never going outside, eating every meal at home, no travel? No thanks.
by ziggny
Wed Oct 14, 2020 7:51 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2739
Views: 437682

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Apologies if this has been addressed elsewhere. For those who've recently opened a brokerage account at Merrill Edge, is there any issue with transferring (or holding) fractional ETF shares? I have a large slug of VTSAX in my taxable Vanguard brokerage, and am trying to determine whether it's worth...
by ziggny
Wed Oct 14, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2739
Views: 437682

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Apologies if this has been addressed elsewhere. For those who've recently opened a brokerage account at Merrill Edge, is there any issue with transferring (or holding) fractional ETF shares? I have a large slug of VTSAX in my taxable Vanguard brokerage, and am trying to determine whether it's worth...
by ziggny
Wed Oct 14, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2739
Views: 437682

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Apologies if this has been addressed elsewhere. For those who've recently opened a brokerage account at Merrill Edge, is there any issue with transferring (or holding) fractional ETF shares? I have a large slug of VTSAX in my taxable Vanguard brokerage, and am trying to determine whether it's worth ...
by ziggny
Sat Aug 01, 2020 9:56 am
Forum: Personal Investments
Topic: Where to put cash in excess of e-fund when unsure about house purchase in foreseeable future?
Replies: 7
Views: 1026

Re: Where to put cash in excess of e-fund when unsure about house purchase in foreseeable future?

Quick combined net worth breakdown: Taxable Equity: $165k Roth IRA Equity: $35K 401k Equity: $55K 401k Bond: $105K Cash (Ally savings): $115K ($15K above target e-fund) ... Any alternatives we could consider? Thanks in advance. Keep $25k in the Ally savings accounts, and put everything else in a ta...
by ziggny
Thu Jul 16, 2020 5:52 am
Forum: Personal Finance (Not Investing)
Topic: My office job in NYC has just gone remote for the rest of the year. Can I reduce my tax burden by moving to Florida?
Replies: 92
Views: 8984

Re: My office job in NYC has just gone remote for the rest of the year. Can I reduce my tax burden by moving to Florida?

Are you sure you want to move to Florida...NOW? It seems safer to just stay put and pay the taxes. Safer in NYC? :shock: Move to FL. Watch/read the news lately? :shock: I've read the news. Florida covid cases have risen sharply, deaths also increased, thank goodness not at the same rate as cases so...
by ziggny
Wed Jun 24, 2020 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Relationship mortgage discounts for moving a million assets
Replies: 704
Views: 103240

Re: Relationship mortgage discounts for moving a million assets

Hello, When dealing with the big banks and getting discounts via a relationship transfer of asset, do any of them remove the loan origination/processing fee? Is that fee a negotiable item? Thank you. I am in contract and have yet to close, so take this with a grain of salt. Chase indicated that the...
by ziggny
Tue Jun 23, 2020 11:28 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2054
Views: 252770

Re: Post your Financial Milestone Announcements Here

Went into contract on my first house today. (It's technically my second attempted foray into homeownership, as my wife and I went into contract on a spec condo in Brooklyn four years ago - but exercised the opt-out clause after extensive construction delays.) Fast forward to today - with a six week ...
by ziggny
Thu Mar 26, 2020 10:01 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 12333
Views: 953433

Re: U.S. stocks continue to soar!

Cheez-It Guy wrote: Thu Mar 26, 2020 8:51 am Could it be three in a row? That's called a WINNING STREAK. It HAS happened before.
Just here to let you know somebody got the reference.
by ziggny
Thu Jan 30, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Baby on the way - health insurance strategy w/ new job
Replies: 14
Views: 752

Re: Baby on the way - health insurance strategy w/ new job

I didn't exactly follow all the timings of your insurance but just want to point out a red flag. You can't have both an FSA and an HSA. Having the FSA (on wife's plan for example) makes you HSA ineligible. Understood. We were enrolled in HSA from Jan 1 - Jan 30. Enrollment in PPO with FSA began Feb...
by ziggny
Thu Jan 30, 2020 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Baby on the way - health insurance strategy w/ new job
Replies: 14
Views: 752

Re: Baby on the way - life insurance strategy w/ new job

Every family insurance plan I've had, each individual had their own deductible. Same here. Also, OP, if you change insurance plans during the year, your deductibles with that new plan start from scratch again - you don't get any credit for anything you paid previously under a different plan. I unde...
by ziggny
Thu Jan 30, 2020 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Baby on the way - health insurance strategy w/ new job
Replies: 14
Views: 752

Re: Baby on the way - life insurance strategy w/ new job

Every family insurance plan I've had, each individual had their own deductible. Same here. Also, OP, if you change insurance plans during the year, your deductibles with that new plan start from scratch again - you don't get any credit for anything you paid previously under a different plan. I unde...
by ziggny
Thu Jan 30, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Baby on the way - health insurance strategy w/ new job
Replies: 14
Views: 752

Baby on the way - health insurance strategy w/ new job

Hi all - We are navigating a number of life changes and looking for guidance on wisest approach to health insurance. Our health situation is as follows: My wife is pregnant, currently due in May. Her OB, unfortunately, does not accept insurance, so we are prepared for a higher deductible and reimbur...
by ziggny
Thu Dec 19, 2019 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Is any one uncomfortable with their wealth?
Replies: 152
Views: 12411

Re: Is any one uncomfortable with their wealth?

I'm not "wealthy". But I am lucky. And blessed. And my money represents what I plan to do with it in the future. So I want my worth to climb as fast & as much as possible. And even when I make an "easy dollar", & debate if I shouldn't accept that dollar, I truly believe ...
by ziggny
Mon Dec 16, 2019 3:52 pm
Forum: Investing - Theory, News & General
Topic: Not Experiencing Any Problems With Vanguard
Replies: 175
Views: 13072

Re: Not Experiencing Any Problems With Vanguard

Great thread. No meaningful issues for me, either.
by ziggny
Tue Oct 15, 2019 8:56 am
Forum: Personal Investments
Topic: Is VUSXX Really Safer Than FDIC Insured Bank Account?
Replies: 22
Views: 2341

Re: Is VUSXX Really Safer Than FDIC Insured Bank Account?

If you really don't trust a money market fund, then open an account at [Ally/Marcus/AmEx/online high yield savings account of your choice]. Rates are dropping, but the current 1.9% rate is better than the 0 you're getting now.
by ziggny
Thu Sep 26, 2019 9:50 am
Forum: Personal Consumer Issues
Topic: Is Utah the most convenient "Out West" destination for East Coast skiers?
Replies: 42
Views: 5250

Re: Is Utah the most convenient destination for East Coast skiiers?

Having done a few ski trips out west coming from NYC, if convenience is your most important factor, go with Utah. Both times I have gone to Utah, I actually ended up renting an AirBnb in Salt Lake - under $100 per night in peak ski season, and that gave us flexibility to rent a car and try a bunch o...
by ziggny
Tue Jul 30, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: VSS (Vanguard ex-US SmallCap) holds 6.9% cash?!
Replies: 3
Views: 661

Re: VSS (Vanguard ex-US SmallCap) holds 6.9% cash?!

Morningstar's data is off. This has been covered previously on this forum: viewtopic.php?t=201488
by ziggny
Mon May 06, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4980
Views: 952871

Re: What's Your Credit Card Rewards Strategy?

Thanks. A question for all the Chase trifecta advocates out there: if I have the Freedom and my wife has the CSR, can I transfer my points to her account in order to gain access to airline partners? Yes. I have the Freedom and Freedom Unlimited, my wife has the CSR, and all our points are pooled int...
by ziggny
Fri May 03, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4980
Views: 952871

Re: What's Your Credit Card Rewards Strategy?

A question for all the Chase trifecta advocates out there: if I have the Freedom and my wife has the CSR, can I transfer my points to her account in order to gain access to airline partners?
by ziggny
Fri Mar 15, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax-Exempt Funds (New York State)
Replies: 3
Views: 695

Re: Tax-Exempt Funds (New York State)

Thanks - appreciate the gut check.
by ziggny
Thu Mar 14, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax-Exempt Funds (New York State)
Replies: 3
Views: 695

Tax-Exempt Funds (New York State)

Hi - I'm preparing my own returns on TT for the first time, and hoping the community can offer guidance on ensuring I'm properly reporting a number of TE bond funds, which should be exempt from NY State and City tax. On my Vanguard-issued 1099-DIV, I've received dividends from following funds, all o...
by ziggny
Wed Dec 12, 2018 9:56 am
Forum: Personal Investments
Topic: Small Cap TLH
Replies: 2
Views: 361

Re: Small Cap TLH

Thanks very much, Vineviz.
by ziggny
Tue Dec 11, 2018 11:12 am
Forum: Personal Investments
Topic: Small Cap TLH
Replies: 2
Views: 361

Small Cap TLH

Hi all - Looking for a quick gut-check on TLH pairs to avoid wash sale. Earlier in the month, I exchanged iShares S&P SmallCap 600 Value Idx (IJS) to Vanguard Mid-Cap Value ETF (VOE) to recognize an $1800 capital loss. I would like to recognize a larger loss in a different fund, Vanguard Tax-Man...
by ziggny
Thu Dec 06, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Climate Concerns re: small Jersey Shore Vacation Home
Replies: 54
Views: 3381

Re: Climate Concerns re: small Jersey Shore Vacation Home

Not an expert on insurance, so I'll skip the first five questions. But if you acknowledge the plausibility of a five foot increase in ocean levels, then you should also acknowledge that the beachfront will probably be located around Cherry Hill. The area currently known as the "shore" woul...
by ziggny
Tue Nov 20, 2018 1:02 pm
Forum: Personal Investments
Topic: Tax loss harvesting - how much?
Replies: 13
Views: 1080

Re: Tax loss harvesting - how much?

Dividends are income. So originally I was just gonna take $3k in losses, but I wanted to see what else I could offset since I haven’t explicitly sold any other shares (CG) this year. If dividends (unless “qualified”) = income, then the $3k can just offset that bucket. If the losses can carry to fut...
by ziggny
Tue Nov 20, 2018 12:03 pm
Forum: Personal Investments
Topic: Recent market downturn and TLH
Replies: 10
Views: 869

Re: Recent market downturn and TLH

Apologies - I see now that these questions were addressed in a different thread. Pls disregard.
by ziggny
Tue Nov 20, 2018 11:50 am
Forum: Personal Investments
Topic: Recent market downturn and TLH
Replies: 10
Views: 869

Re: Recent market downturn and TLH

Hi all - I understand that short-term losses can be used to offset short-term gains. I do not have noteworthy short-term gains YTD, but I do have significant dividend income in my taxable account, as I hold funds for a future down payment in Prime. Given that short-term gains and dividends are taxed...
by ziggny
Mon May 07, 2018 7:59 am
Forum: Personal Investments
Topic: What to do with dividends and capital gains in taxable account?
Replies: 17
Views: 3378

Re: What to do with dividends and capital gains in taxable account?

Can anybody help with some of the math to determine if it's worth selling my holdings in a dividend-producing fund held in taxable? Fund: SDY (ER .35%) Holdings: approx $33k total with a capital gain of approx $13k Tax bracket: Federal 24%, NYS 6.65%, NYC 3.648% Dividends/cap gains are turned off Pr...
by ziggny
Wed Apr 18, 2018 4:24 pm
Forum: Personal Investments
Topic: Any aggressive index funds in your portfolio?
Replies: 35
Views: 6410

Re: Any aggressive index funds in your portfolio?

I’m young like you. My stock allocation is: 35% Total US 17.5% Small cap 17.5% Value 10% Pacific Rim 10% European 5% International small cap 5% Emerging markets I also have 10% of my overall portfolio in the REIT index fund. A bit complicated for most Bogleheads’ taste, but I believe in internation...