Search found 917 matches

by 02nz
Wed Jan 16, 2019 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help w/ Portfolio
Replies: 2
Views: 231

Re: Help w/ Portfolio

I'd echo RadAudit's sentiments: - Do you really know what you're holding? How much overlap is there between these funds? - Why do you think being concentrated in large-cap stocks - and with some sizable positions in individual stocks in one sector - lowers your risk? Most here would say your risk is...
by 02nz
Wed Jan 16, 2019 8:15 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 12
Views: 1839

Re: Fun with Amazon

Amazon's customer service used to be top notch. Now, not so much. The outsourced customer service reps are clearly not empowered to do much of anything. They stopped matching prices and giving price adjustments long ago. I still keep Prime for the convenience, but don't do nearly as much shopping at...
by 02nz
Wed Jan 16, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Account Interest
Replies: 3
Views: 640

Re: Savings Account Interest

Well, money is fungible, so you can do whatever with the savings interest. But Roth IRA contributions are limited to $6K per year per person ($7K if 50+), or your earned income, whichever is less. Earned income would be W-2 income, self-employment income, or similar. Interest, capital gains, dividen...
by 02nz
Wed Jan 16, 2019 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 92
Views: 10265

Re: You Invest by JP Morgan Chase

I didn’t look very hard, to be honest, but I didn’t see any Vanguard mutual funds when I looked. Obviously you can buy the ETFs. I’m mainly in for the free wires (incoming and outgoing), free ATM withdrawls, and 60k UR points. We’ll see if the brokerage improves enough to do any real trading there....
by 02nz
Wed Jan 16, 2019 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: VOO OR VTSAX FOR BROKERAGE ACCOUNT
Replies: 13
Views: 324

Re: VOO OR VTSAX FOR BROKERAGE ACCOUNT

Thank you guys for all your input. I will use the total stock market fund. By the way, the main reason they use VOO is that VTSAX has the minimum req. to start with -I think. Ask them then why they don't use VTI please. VTI is not that popular. They told me VOO is kind like SPY already very known. ...
by 02nz
Wed Jan 16, 2019 12:04 pm
Forum: Personal Consumer Issues
Topic: Paperless and organizing document
Replies: 7
Views: 652

Re: Paperless and organizing document

That Fujitsu is $400+. I'd just get a multifunction printer, you don't have to use the printer part. Make sure it has an auto document feeder so that it can take a stack of documents. You can get decent ones for $100-$150.
by 02nz
Wed Jan 16, 2019 11:36 am
Forum: Investing - Help with Personal Investments
Topic: VOO OR VTSAX FOR BROKERAGE ACCOUNT
Replies: 13
Views: 324

Re: VOO OR VTSAX FOR BROKERAGE ACCOUNT

VOO is S&P500 (mutual fund equivalent is VFIAX), VTSAX is total market (ETF equivalent is VTI). They'll track closely though as the S&P500 make up around 80% of the total market.

For your purposes the mutual fund is better as you can buy fractions of a share. With ETFs you have to buy whole shares.
by 02nz
Tue Jan 15, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering Interest?
Replies: 7
Views: 398

Re: Lowering Interest?

When you make a principal payment toward a fixed-rate mortgage, the amount of your monthly payments will not change, but of course with a lower principal balance accruing interest, more of that payment will go toward principal and less toward interest, and you'll end up paying off the loan sooner, w...
by 02nz
Tue Jan 15, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: Which iPad?
Replies: 14
Views: 858

Re: Which iPad?

The 9.7-inch (2018 model) is perfect for the needs you describe, and it was on sale recently for as little as $229, keep an eye out for sales. The 11-inch Pro is a fantastic piece of hardware but at 3x the cost, and really can't do anything the cheaper one can't do, as the main limitation is iOS rat...
by 02nz
Tue Jan 15, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 220
Views: 31163

Re: Funniest movies of all time? Name five of your favorites...

Some oldies:

Dr Strangelove
Some Like It Hot
One, Two, Three
by 02nz
Tue Jan 15, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: [Roth conversions]
Replies: 7
Views: 486

Re: [Roth conversions]

hvaclorax wrote:
Tue Jan 15, 2019 10:48 am
I like being reminded of the tax deductibility for medical expenses if we ever get seriously ill
Good idea, it's like a backdoor HSA! :happy
by 02nz
Tue Jan 15, 2019 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2799

Re: Vanguard PRIMECAP and Capital Opportunity

OldSport wrote:
Tue Jan 15, 2019 5:18 am
DrGoogle2017 wrote:
Sun Jan 13, 2019 5:20 pm
You can’t buy Odyssey through Vanguard. I tried but it didn’t work, maybe I’m missing something.
Are the Odyssey equivalents as good as the VG Primecaps? Can you buy at Fidelity?
You should be able to buy at Fidelity, but probably with a fee (I think it was $20/purchase at Vanguard).
by 02nz
Tue Jan 15, 2019 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2799

Re: Vanguard PRIMECAP and Capital Opportunity

Has anyone had experience with Vanguard PRIMECAP and/or Capital Opportunity funds? As far as I can tell.. they appear to be Vanguard-branded non-index actively managed funds :shock: What is the catch here? Other than past performance doesn't necessarily equate to future gains. They are great funds....
by 02nz
Tue Jan 15, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Change my mind - Lease > Buy New Car
Replies: 23
Views: 1918

Re: Change my mind - Lease > Buy New Car

You're saying that if you buy they're asking for close to MSRP, but leasing gets you $4000+ off? Something doesn't add up here. The dealer may have some additional incentives to lease, but there's hard ever a difference this size between the price for a sale and a lease.
by 02nz
Tue Jan 15, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7398

Re: 457 vs 403b

So you had to create a temporary holding account? (a 'rollover IRA'?) will need to readup on this. Sounds like some juggling. VG should be (?) fluent w/ this process I'd hope. Yes Vanguard is very familiar with the process. You open a rollover IRA (which is just a traditional IRA) and initiate with...
by 02nz
Mon Jan 14, 2019 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7398

Re: 457 vs 403b

Another 457ish question: I, like many, have a Roth IRA at Vanguard I contributed $6000 to this year (new under 50 limit). When one does a Roth conversion of an employer based 401/457/403 at retirement, could the funds be rolled into this Roth IRA account? or would each 401/457/403 need to be rolled...
by 02nz
Mon Jan 14, 2019 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Please Point me Where to Look For an Advisor for My Mother:
Replies: 14
Views: 937

Re: Please Point me Where to Look For an Advisor for My Mother:

In the previous thread I suggested the Garrett Planning Network (https://www.garrettplanningnetwork.com), have you looked into that?
by 02nz
Mon Jan 14, 2019 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Preservation of capital at Age 93
Replies: 26
Views: 3108

Re: Preservation of capital at Age 93

The more remarkable part, to me, is he had a COLAd pension that perhaps started at $50k in the late 1980s and is paying 6-figures today. Letting 100m grow to a million is the easy part. So younger retirees with less than $1mm shouldn't feel bad, all you need is a pension that covers all your expens...
by 02nz
Mon Jan 14, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: [Roth conversions]
Replies: 7
Views: 486

Re: [Roth conversions]

I think your plan makes more sense than converting most of $5 million all at once. I suppose there are some edge cases - say maybe moving from TX to CA - where it might make sense to take more of the hit now, but for most people, even most people with $5M in tax-deferred balances, it doesn't make se...
by 02nz
Mon Jan 14, 2019 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Am i missing anything else - ran numbers for doing Roth 401 vs 401k in low bracket
Replies: 7
Views: 602

Re: Am i missing anything else - ran numbers for doing Roth 401 vs 401k in low bracket

Thanks for the replies.I will need to investigate further but it looks to max out the EITC, Savers etc I should go 100% pre.. Yes this is a public agency and has defined benefit pension plan for which they deduct 11% of pay annually (EMP mandatory contribs). Does anyone know if these mandatory pens...
by 02nz
Mon Jan 14, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: 2019 Camry vs RAV4
Replies: 20
Views: 1660

Re: 2019 Camry vs RAV4

Truecar.com is a good place to get an idea of transaction prices. You can do better than the prices shown (these are averages after all), but it gives you a ballpark starting point.
by 02nz
Mon Jan 14, 2019 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Am i missing anything else - ran numbers for doing Roth 401 vs 401k in low bracket
Replies: 7
Views: 602

Re: Am i missing anything else - ran numbers for doing Roth 401 vs 401k in low bracket

I'm guessing by the fact you have a governmental 457b that you may have a pension. That, and the very low federal rate (10% to 12% if you were to do Roth instead of deferring) would argue for Roth. Since you're maxing the 19K x 2, there's also an advantage to Roth in that you're effectively getting ...
by 02nz
Mon Jan 14, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage: 15 vs 30 year
Replies: 56
Views: 3913

Re: Mortgage: 15 vs 30 year

Yes it’s a trade off between lower payment and less interest. Up to you to decide on that trade off based on the specific numbers and your income situation. I’d also look at 7- and 10-year ARMs, which have payments calculated like a 30-year mortgage but are likely to have lower interest rates.
by 02nz
Mon Jan 14, 2019 12:58 am
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7398

Re: 457 vs 403b

Delete
by 02nz
Mon Jan 14, 2019 12:58 am
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7398

Re: 457 vs 403b

One other wrinkle to consider with 457s, if you are a teacher or government, is how your job figures your pension and retirement age. Where we are, if you leave before your "magic number" ie the number of years work and your age put into a specific formula, you take a large hit on your pension. Thi...
by 02nz
Mon Jan 14, 2019 12:12 am
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7398

Re: 457 vs 403b

One other wrinkle to consider with 457s, if you are a teacher or government, is how your job figures your pension and retirement age. Where we are, if you leave before your "magic number" ie the number of years work and your age put into a specific formula, you take a large hit on your pension. Thi...
by 02nz
Sun Jan 13, 2019 11:12 pm
Forum: Personal Consumer Issues
Topic: Large SUV
Replies: 75
Views: 6323

Re: Large SUV

The new pilot is not an SUV anymore, its a 4 door mini van. it has the ground clearance of a prius. The Pilot has never been a "real" SUV, if you mean by that a body-on-frame vehicle based on a truck. The '19 model has 7+ inches of ground clearance, similar to most midsize crossovers that aren't re...
by 02nz
Sun Jan 13, 2019 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2799

Re: Vanguard PRIMECAP and Capital Opportunity

My ex owned Odyssey Aggressive Growth for about 10 years. She sold a couple years ago. That fund tests your resolve. When she sold it, the fund held over 50% small caps!! I guess you can't argue with the performance though. Makes for quite a ride given the fund usually has only 120-150 holdings. I ...
by 02nz
Sun Jan 13, 2019 5:39 pm
Forum: Investing - Help with Personal Investments
Topic: low volatility funds in a Roth IRA
Replies: 12
Views: 856

Re: low volatility funds in a Roth IRA

I think VMNVX is a good fund. But I don't think you can have your cake and eat it, too. Generally risk comes with a reward in the form of potentially higher returns. I would expect that, as stocks generally go up, VMNVX is going to return less than a "normal" stock fund. (Also, I think you're confla...
by 02nz
Sun Jan 13, 2019 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2799

Re: Vanguard PRIMECAP and Capital Opportunity

You can actually have more than 4 accounts with Vanguard Primecap, rollover IRA, brokerage rollover IRA, Roth IRA, brokerage Roth IRA, taxable brokerage account. It's also available in some 403b type accounts (ours, for existence). Also, PRIMECAP will allow someone to purchase a *closed* fund in a ...
by 02nz
Sun Jan 13, 2019 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2799

Re: Vanguard PRIMECAP and Capital Opportunity

As others noted, both are closed to new investors, unless you have Flagship (I know this is the case for PRIMECAP, not sure about Flagship access for Capital Opportunity). Some also have access through their 401k's. PRIMECAP also runs its own family of funds, called Odyssey. There are three, each a ...
by 02nz
Sun Jan 13, 2019 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 631

Re: Roth vs traditional 401k

1. The math of "Roth is better because it will grow tax-free for a long time and it will be a much larger amount at withdrawal" is not correct. See the wiki I linked, under "Taxes." 2. Diversification is good. OP should consider the backdoor Roth. 3. I don't think there's a reasonable chance Congre...
by 02nz
Sun Jan 13, 2019 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: VWIAX [Vanguard Wellesley Income Fund]
Replies: 9
Views: 1024

Re: VWIAX [Vanguard Wellesley Income Fund]

Wellesley is a good fund, but I suspect a lot of people are looking at how it's done incredibly well (for a balanced fund) over the past several years and expect this will continue. They neglect that a significant part of this great performance was due to falling interest rates which juiced bond ret...
by 02nz
Sun Jan 13, 2019 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Dropping collision insurance on auto policy for older car?
Replies: 25
Views: 2102

Re: Dropping collision insurance on auto policy for older car?

badger42 wrote:
Sun Jan 13, 2019 12:29 pm
Asuming you can easily self insure, paying 400 bucks a year to insure a $2000 risk seems silly.
+1, and actually it's a $1500 risk after deductible. A no-brainer to keep just the liability insurance.
by 02nz
Sun Jan 13, 2019 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4661

Re: I know market timing is a fool's game but...

If you know it’s a fool’s game, what’s the point of this post?
by 02nz
Sun Jan 13, 2019 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Funding Roths via taxable account: Sell or exchange? Also, spousal too?
Replies: 6
Views: 364

Re: Funding Roths via taxable account: Sell or exchange? Also, spousal too?

The only advantage of the "exchange" button is that (at least in some cases) it will allow you to sell and buy with the same day's NAVs, so you're not out of the market even one day. I believe this is the case only when going from one VG mutual fund to another. Otherwise you have to wait for the mon...
by 02nz
Sun Jan 13, 2019 10:47 am
Forum: Personal Consumer Issues
Topic: Unusual tv mounting question
Replies: 8
Views: 837

Re: Unusual tv mounting question

Hi all, When mounting a tv at my house, I first detached the tv from its tv stand. However, when doing this the "cylindrical" piece will NOT detach from the actual tv. There are no noticeable screws left to unscrew and I have maneuvered it every way possible. A little nervous to pull too hard as I ...
by 02nz
Sun Jan 13, 2019 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 631

Re: Roth vs traditional 401k

I do often wonder if there will be a point in time where contributing to them will no longer be an option. That is one of many reasons I'm utilizing one now, in addition to traditional accounts. Roth was created not to give you a wonderful tax deal (for many it's a worse tax deal than traditional),...
by 02nz
Sun Jan 13, 2019 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 631

Re: Roth vs traditional 401k

Very much appreciate the help. Can either of you explain to me as a novice, why it wouldnt behoove me to avoid paying taxes on the growth of the investment, provided I am so far from retirement (25-30 years), and the amount withdrawn will certainly be much more than what I am putting in now. I like...
by 02nz
Sun Jan 13, 2019 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 631

Re: Roth vs traditional 401k

Can either of you explain to me as a novice, why it wouldnt behoove me to avoid paying taxes on the growth of the investment, provided I am so far from retirement (25-30 years), and the amount withdrawn will certainly be much more than what I am putting in now. With either Roth or traditional, your...
by 02nz
Sat Jan 12, 2019 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 10910

Re: Biggest Investment Mistake

Not maximizing tax-deferred space, thinking "I may need to access this money if I retire before 59.5" - and not understanding all the ways of accessing tax-advantaged accounts before 59.5. Not understanding the costs of having tax-inefficient investments in taxable accounts (I figured, well, I'm mak...
by 02nz
Sat Jan 12, 2019 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Setting Up A Parent For Retirement
Replies: 18
Views: 1403

Re: Setting Up A Parent For Retirement

What is the interest rate your mother is getting on her hi-yield checking accounts? Local brick and mortar banks, incluidng those that are nationally known are often under 0.25% whereas many internet banks pay 2.00% or higher. On $750,000 at a conservative 2.00% that is $15,000 yearly. Good point, ...
by 02nz
Sat Jan 12, 2019 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Setting Up A Parent For Retirement
Replies: 18
Views: 1403

Re: Setting Up A Parent For Retirement

It is my understanding she does not have pay capital gains if she puts that money into a house? This idea doesn't sound familiar to me. Do you have a reference for it? I think this may be confusing two things. She'll have to pay capital gains taxes upon selling investments that have gained in value...
by 02nz
Sat Jan 12, 2019 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Setting Up A Parent For Retirement
Replies: 18
Views: 1403

Re: Setting Up A Parent For Retirement

For an "extremely low" risk tolerance, perhaps something closer to 30-40% stocks would be better than 60%. You don't want her running to Edward Jones at the next market correction.
by 02nz
Sat Jan 12, 2019 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Setting Up A Parent For Retirement
Replies: 18
Views: 1403

Re: Setting Up A Parent For Retirement

Others more familiar with spousal benefits can advise on Social Security. On investing the $750K, you're right that 1) she should have this money working for her (i.e. invested - the 4% withdrawal rate does NOT work if the money is sitting in a savings account, with inflation eating away at it); and...
by 02nz
Sat Jan 12, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 62
Views: 7680

Re: New job, sales at Subaru

My advice: Treat every customer with respect, and assume everyone's a serious buyer. A few years ago I was all set to order a BMW 3 Series, decided on the exact configuration and was about to order through European Delivery. Salesman was very reluctant to have anything to do with me, asking, "Are yo...
by 02nz
Sat Jan 12, 2019 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1096

Re: VTI to VTSAX... taxable event?

I'm not looking to TLH, there isn't much tax I'm liable for, so I'm not concerned about a wash sale. My understanding is that a wash sale simply means I can't claim the capital loss but there's no penalty, correct? Yes, partial shares under $150 are more convenient. I'm not wealthy by any means, so...
by 02nz
Sat Jan 12, 2019 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1096

Re: VTI to VTSAX... taxable event?

Yes you'd be selling all shares of VTI and buying VTSAX, so it's a taxable event. In the opposite direction (mutual fund to ETFs) you could convert without tax implications.
by 02nz
Sat Jan 12, 2019 10:54 am
Forum: Personal Consumer Issues
Topic: Duffel Bag vs Wheeled Stand Up traveling
Replies: 77
Views: 3576

Re: Duffel Bag vs Wheeled Stand Up traveling

I like combining the two - a carry-on-sized duffel bag, with a passthrough for the carry-on handles so that it can go on top of the wheeled luggage. This gets me almost as much capacity as two wheeled carry-ons and is very easy to move around airports. Just like in financial matters, it's not A vs B...
by 02nz
Fri Jan 11, 2019 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over Wife's Traditional 401K to IRA
Replies: 4
Views: 334

Re: Rolling over Wife's Traditional 401K to IRA

I am trying to rollover my wife's old traditional 401K (at Bank of America Meryl Lynch) to an IRA (preferably Roth IRA) at Vanguard. She has about $2k in her old 401k account. New employer does not have a 401k plan. I learnt that we owe taxes if traditional 401k is rolled-over as a rollover IRA. 1....