Search found 1140 matches

by international001
Thu Nov 14, 2019 11:49 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 386
Views: 40794

Re: Best CD rates thread

pyld76 wrote:
Thu Nov 14, 2019 8:41 pm

So, they honored it, right?

I’m wagering if they throw a deal like this again you’ll find sudden faith. Presumably,you’ll also be a member, so getting the deal will be several factors of magnitude less dramatic.
I was told the promotional rates would be good till the end of November
by international001
Thu Nov 14, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

Thanks.. it doesn't matter for my 401k So if you have a trad IRA where the whole 401k is rolled over into, that's somehow marked as 'rollover IRA', and it has some special characteristics. Like being the only kind accepted to rollover to some other 401ks, and perhaps where you cannot do a direct con...
by international001
Wed Nov 13, 2019 11:47 pm
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

Sorry for the confusion

Yes, I decided to roll the earnings in the after-tax account into tIRA and then back to your 401k

Is this tIRA a rollover IRA by any chance?
by international001
Wed Nov 13, 2019 11:46 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

My expense is NOT 15K or less. My expenses do not drop as the market drops. It is 3% of $1 million. If the market crashes, how does my living expense also crash? This makes no sense at all. Your living expense goes up with inflation. So if I am financially independent with $1 million and need $30,0...
by international001
Wed Nov 13, 2019 4:37 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

Kevin in this thread basically comes to a similar conclusion as I have here and articulates it better. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=95676 The analysis is flaw. You have to keep rebalancing between tax-advantage and taxable to keep a constant AA. Furhtermore, you also need t...
by international001
Wed Nov 13, 2019 4:14 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

The answer depends on the specifics. You can easily build scenarios that favor either. However, I built a spreadsheet that compares the scenarios, and if you assume 15% cap gains or 22/24% ordinary tax rates, both during and after sale, and something like a 2% dividend rate, typically if the rate o...
by international001
Wed Nov 13, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

My setup is: Roth IRA/401K, HSA - 100% US stock Traditional 401K - 100% US bonds Taxable - blend of US stock, international stock, US bonds, and cash/CDs/MM/I Bonds. My taxable account is nearly 5x my tax advantaged accounts. In aggregate, it's 58.4% stock (US and international), 41.6% fixed income...
by international001
Wed Nov 13, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

At any rate, it's offensive to call someone for whom munis might make sense "not ordinary." Most of us have spent a significant portion of our life in other tax brackets. Although these days, even in the top bracket Prime MMF makes sense over the Municipal MMF. I would assume that's a temporary sit...
by international001
Wed Nov 13, 2019 4:01 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

One other thing I forgot to add - over the long term, say 10-20 years, your equity position will be growing much faster than your bond position. This means that the income that is generated from that position will also grow much faster and so will the tax liability. Having those equities in your ta...
by international001
Wed Nov 13, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

So If you have contribution money it's a contributory IRA. And you do a complete rollover to a Roth IRA, and then you add money from a 401k rollover, it becomes a rollover IRA? I don't think this would happen because a 401k rollover is going to go into a new IRA and they will name it a rollover iRA...
by international001
Tue Nov 12, 2019 4:42 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 386
Views: 40794

Re: Best CD rates thread

Saw on depositaccounts and psecu website new rates: RATE CHANGE... new PSECU CD rates effective 5pm Eastern Time 11/9/19. 2yr @ 2.00% APY, 3yr @2.25% APY, 4yr @ 2.40% APY, 5yr @ 2.55% APY I guess I will be sending my ira funds back to vanguard. I don't understand. Didn't they say they would hold th...
by international001
Tue Nov 12, 2019 3:12 pm
Forum: Non-US Investing
Topic: European in the US wants to FIRE in 5 years. Questions.
Replies: 44
Views: 3603

Re: European in the US wants to FIRE in 5 years. Questions.

For 3 or 4, I would look for tax advice in those countries. I had considered myself these kind of strategies on the past, but I didn't pursue further and I won't comment on it. 1 is a bad bet. 2 is preferred. Depending how much you have, you may pay up to 20% + 3.8% (NIT) + state taxes. But still, b...
by international001
Tue Nov 12, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

The answer depends on the specifics. You can easily build scenarios that favor either. However, I built a spreadsheet that compares the scenarios, and if you assume 15% cap gains or 22/24% ordinary tax rates, both during and after sale, and something like a 2% dividend rate, typically if the rate o...
by international001
Tue Nov 12, 2019 2:56 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

At any rate, it's offensive to call someone for whom munis might make sense "not ordinary." Most of us have spent a significant portion of our life in other tax brackets. Although these days, even in the top bracket Prime MMF makes sense over the Municipal MMF. I would assume that's a temporary sit...
by international001
Tue Nov 12, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: Debunking Bonds in Taxable
Replies: 137
Views: 14615

Re: Debunking Bonds in Taxable

One other thing I forgot to add - over the long term, say 10-20 years, your equity position will be growing much faster than your bond position. This means that the income that is generated from that position will also grow much faster and so will the tax liability. Having those equities in your ta...
by international001
Tue Nov 12, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

So the difference between rollover and a contributory IRA is just where the money you have at that moment it's came from? So If you have contribution money it's a contributory IRA. And you do a complete rollover to a Roth IRA, and then you add money from a 401k rollover, it becomes a rollover IRA? S...
by international001
Tue Nov 12, 2019 8:47 am
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

So it's just a 'concept' ? Do you have to open a rollover IRA following a different process than a rollover IRA?
by international001
Tue Nov 12, 2019 12:34 am
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

Fidelity (401k) sent me some forms to do the tIRA->401k rollover It tells me that it will accept money from conduit (rollover) IRAs and non-conduit IRAS Is there a difference between a rollover IRA and a traditional IRA? I use one trad IRA to do the backdoor. Should I open another IRA to do the mega...
by international001
Mon Nov 11, 2019 8:35 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 386
Views: 40794

Re: Best CD rates thread

Saw on depositaccounts and psecu website new rates: RATE CHANGE... new PSECU CD rates effective 5pm Eastern Time 11/9/19. 2yr @ 2.00% APY, 3yr @2.25% APY, 4yr @ 2.40% APY, 5yr @ 2.55% APY I guess I will be sending my ira funds back to vanguard. I don't understand. Didn't they say they would hold th...
by international001
Mon Nov 11, 2019 8:25 am
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

I think the great point of this discussion is adding an extra variable: the money you may have to use from your retirement portfolio at a random point (typically, if you are unemployed and your job is not stable; but could be for other reasons, imagine medical condition, you are suited, etc). It ma...
by international001
Sun Nov 10, 2019 9:19 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

I think the great point of this discussion is adding an extra variable: the money you may have to use from your retirement portfolio at a random point (typically, if you are unemployed and your job is not stable; but could be for other reasons, imagine medical condition, you are suited, etc). It may...
by international001
Thu Nov 07, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Mega-backdoor roth ira conversion with one check
Replies: 33
Views: 2110

Re: Mega-backdoor roth ira conversion with one check

This is for 2019, and I didn't get the checks yet From Vanguard's response, you can add two checks in the same envelope. But the interesting thing, is that the letter is optional (it's what I did last year). There is a way of doing an official Purchase form from their website. So I guess I can just ...
by international001
Thu Nov 07, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs [Dynamic Currency Conversion]
Replies: 64
Views: 4491

Re: FYI, Spanish bank ATMs [Dynamic Currency Conversion]

That's good to know. I'll check it out
Perhaps you can try to use it in a non-fee friendly bank (LaCaixa, BBVA,...) and let us know how it goes. Just in the interest of science ;-)
by international001
Thu Nov 07, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: the case for global equity investing
Replies: 160
Views: 12244

Re: Vanguard: the case for global equity investing

and the fewer years until termination of decumulation the less effect it has, which is why many recommend a steadily increasing equity allocation through retirement. That's what I said, self mitigating. See An Introduction to Computational Finance Without Agonizing Pain , theory 1 on page 119. A ma...
by international001
Thu Nov 07, 2019 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs [Dynamic Currency Conversion]
Replies: 64
Views: 4491

Re: FYI, Spanish bank ATMs [Dynamic Currency Conversion]

Do they really reimburse you international fees? I haven't seen this with any US debit card
by international001
Thu Nov 07, 2019 2:29 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 386
Views: 40794

Re: Best CD rates thread

I was under the impression you have 30 days from CD opening to set up first auto-transfer which can occur up to 30 days from the date you set it up. So you wouldn't need to have the money until 60 days after CD opening date. Or do I have this wrong? [/quote] Sorry, you are correct. Based on what th...
by international001
Mon Nov 04, 2019 8:47 am
Forum: Investing - Theory, News & General
Topic: Mega-backdoor roth ira conversion with one check
Replies: 33
Views: 2110

Re: Mega-backdoor roth ira conversion with one check

Don't know. Last year I did a rollover of everything into roth.

I got a check payable to

VANGUARD TR ROTH IRA
FBO: <myself>
by international001
Mon Nov 04, 2019 7:41 am
Forum: Investing - Theory, News & General
Topic: Mega-backdoor roth ira conversion with one check
Replies: 33
Views: 2110

Re: Mega-backdoor roth ira conversion with one check

Yes.. I'm cheap

But also to simplify things. Why is confusing if you tell them amount X into account Y?
by international001
Mon Nov 04, 2019 6:37 am
Forum: Investing - Theory, News & General
Topic: Mega-backdoor roth ira conversion with one check
Replies: 33
Views: 2110

Re: Mega-backdoor roth ira conversion with one check

(BUMP)

This year I want to receive 2 checks from Fidelity 401k after-tax, one with earnings, one with contributions

When I send them to Vanguard, can I send the two checks with one letter of instructions in the same envelope? Or shoud I separate them in 2 envelopes each with one instruction letter?
by international001
Sun Nov 03, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare offer experience
Replies: 99
Views: 9486

Re: Timeshare offer experience

I had for many years a point system time share It was virtually impossible to get good weeks. Exchanges ended up giving me less value that what the maintenance cost were. Plus, the locations were limited to (usually) too touristic places. After one year trying to sell it and reducing the price, I go...
by international001
Sun Nov 03, 2019 5:53 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=1979&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=1&annualAdjustment=10000&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1...
by international001
Sun Nov 03, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: FYI, Spanish bank ATMs [Dynamic Currency Conversion]
Replies: 64
Views: 4491

Re: FYI, Spanish bank ATMs [Dynamic Currency Conversion]

Did I mention that in the middle (Andorra) they don't try to trap you ? ;-)

I guess it's one of this cases where it's easy to rip off the tourist, since he doesn't have a vote
by international001
Fri Nov 01, 2019 5:30 am
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

I respect the knowledge of this forum greatly, but I think most bond rules & beliefs are "old school". I went 100% S&P 500 index till a few months ago. I now have enough to retire at 55 in a year, which I wouldn't have if I would have followed others on bonds. I now keep 5-10 years in CDs as my fix...
by international001
Thu Oct 31, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Medical claims: HSA card swipe or HSA claim?
Replies: 4
Views: 461

Re: Medical claims: HSA card swipe or HSA claim?

Thanks, So first the claim, as I thought. I was just wondering what is the big thing about the HSA card, then. I understand that if you already maximize all other tax-sheltered accounts, it's better to keep the HSA receipts and withdraw from the HSA account when you are $90. It's just not worth the ...
by international001
Thu Oct 31, 2019 5:57 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

Isn't withdrawing from your retirement portfolio at regular intervals sort of like DCA in reverse? If you're 100% stocks, won't you be sometimes selling low and other times selling high? Is the fear that the stock market massively declines in value just before retirement for period as long as retir...
by international001
Thu Oct 31, 2019 10:53 am
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

Decade? It's about 17 years. And, still a 60/40 portfolio wouldn't have done much better https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=2000&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annua...
by international001
Thu Oct 31, 2019 10:49 am
Forum: Non-US Investing
Topic: ETF questions (EU) - US taxes, global gov bond ETF hedged to EUR, annual report, IB base currency
Replies: 11
Views: 523

Re: ETF questions (EU) - US taxes, global gov bond ETF hedged to EUR, annual report, IB base currency

TO answer some of your questions, you'll be double taxed by US and Italy (unless Italy is different from other european countries) If you spend in euros, please hedge in euros. Otherwise your return will fluctuate with currency exchange fluctuations, that is much higher. So no point on getting on sa...
by international001
Thu Oct 31, 2019 10:36 am
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

Decade? It's about 17 years. And, still a 60/40 portfolio wouldn't have done much better https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=2000&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annual...
by international001
Thu Oct 31, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Medical claims: HSA card swipe or HSA claim?
Replies: 4
Views: 461

Medical claims: HSA card swipe or HSA claim?

Hi, I have to pay out of pocket for the dentist (let's say $100). Then I have to file a claim with the dentist (let's say they pay me back $80) If I pay to the dentist $100 with HSA, then I have to give them back $80 to the HSA, right? So it's easier just to file a claim with HSA of $20 when everyth...
by international001
Wed Oct 30, 2019 6:37 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

Actually, If you had investing before the dotcom buble at 100/0, you'd still be loosing https://www.portfoliovisualizer.com/backtest-asset-class-allocation?s=y&mode=1&timePeriod=4&startYear=2000&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualA...
by international001
Wed Oct 30, 2019 6:24 pm
Forum: Personal Investments
Topic: Holding bonds vs 100% equities
Replies: 367
Views: 20843

Re: Holding bonds vs 100% equities

https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en OP, Take a look at the above URL and ask yourself why 100/0 makes any sense? The additional risk brings you minimal average return. So, why bother? Pick an AA between 70/30 and 30/70. KlangFool 1.0% retur...
by international001
Wed Oct 30, 2019 12:29 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 386
Views: 40794

Re: Best CD rates thread

You can get the account number for the PSECU savings account (My Shares) from the website. Why the need of a checking account?

Wire would be worth the $$ only with huge amounts, and depending on how much time you can save (vs ACH)
by international001
Wed Oct 30, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 101
Views: 6681

Re: UTMA accounts

THanks So beyond FAFSA, you still did benefit if the amount was smaller, and you didn't get penalized if the amount was bigger. That's convenient because you didn't have to be afraid of the UTMA getting too big Regardless, it's using bonds on FAFSA considered a good strategy (and decrease your bond ...
by international001
Tue Oct 29, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 101
Views: 6681

Re: UTMA accounts

Thanks for the info. So I'll just re-post my question:

before the 2007 kiddie tax reform what was the advantage of an UTMA (vs just holding your money on your own taxable account)?
by international001
Tue Oct 29, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

YEs.. perhaps I may be going overboard, I just wanted to keep it simple. Perhaps paying a few $$ on penalty is not a big deal So it seems the brokers don't have the whole picture, but the IRS does. But I cannot call the IRS and ask them What is it you'd like to ask them? The IRS has some forms for ...
by international001
Tue Oct 29, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 70019

Re: Why are you NOT buying rental properties?

I won't discussed all the half truths the biggerpockets article mentions But I was thinking on that study when I asked you the question If you look for the US specific data (like table 8), you'll see that in the US the appreciation for US seems to be around inflation. That would be consister with Sh...
by international001
Tue Oct 29, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

YEs.. perhaps I may be going overboard, I just wanted to keep it simple. Perhaps paying a few $$ on penalty is not a big deal So it seems the brokers don't have the whole picture, but the IRS does. But I cannot call the IRS and ask them It looks that to do the rollover from my Vanguard tIRA, I have ...
by international001
Tue Oct 29, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 101
Views: 6681

Re: UTMA accounts

Is it really to forbidden to discuss possibilities in future legislation? I see it discussed all the time, and I thought it was fine as long as you don't take sides on politics. Anyway, it's good to know for me because I can defer opening a UTMA account Just for my understanding, before the 2007 kid...
by international001
Mon Oct 28, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 70019

Re: Why are you NOT buying rental properties?

These individual stories are worthless on both sides. All that matters is the statistical aggregate! I've seen so many absurd posts calculating rental property return that outright ignore appreciation! That is laughable! May as well ignore stock prices and just calculate dividends for returns. Aren...
by international001
Sun Oct 27, 2019 3:29 pm
Forum: Investing - Theory, News & General
Topic: Order or distributions on Roth IRA
Replies: 34
Views: 2156

Re: Order or distributions on Roth IRA

Tx... with the current low rates you are right. $6k interest on one day should be less than $0.50. So rounding is a good workaround, at least for now. My concern about the IRS is how do they know what amount of contributions, earnings, etc are in my Roth IRA. If they have a way of knowing, why the b...