Search found 179 matches

by car733
Sat Apr 13, 2019 9:20 am
Forum: Personal Investments
Topic: 529 plan for a year?
Replies: 1
Views: 212

529 plan for a year?

Hello I am analyzing the possibility of doing a part-time MBA next year and I am trying to figure out the best way to pay for it. Last month, I started saving for it in a taxable account using vanguard's federal money market fund. I started reading about 529 plans and I am trying to figure out if it...
by car733
Thu Apr 04, 2019 1:47 pm
Forum: US Chapters
Topic: Chicagoland Master Thread
Replies: 34
Views: 8871

Re: Chicagoland Master Thread

car733 wrote:
Tue Mar 26, 2019 1:02 pm
Hello, Chicagoans!

Some of us are meeting on April 4th, at 6:00 pm in the Food Court of the Ogilvie Train Station/Citigroup Building - 500 West Madison Street, Chicago. We meet in the NE corner, just outside the Panda Express.

See you there!
This is happening today!
by car733
Tue Mar 26, 2019 1:02 pm
Forum: US Chapters
Topic: Chicagoland Master Thread
Replies: 34
Views: 8871

Re: Chicagoland Master Thread

Hello, Chicagoans!

Some of us are meeting on April 4th, at 6:00 pm in the Food Court of the Ogilvie Train Station/Citigroup Building - 500 West Madison Street, Chicago. We meet in the NE corner, just outside the Panda Express.

See you there!
by car733
Fri Feb 15, 2019 11:59 am
Forum: US Chapters
Topic: Chicagoland Master Thread
Replies: 34
Views: 8871

Re: Chicagoland Master Thread

I am out of town the first week of March. Happy to meet on March, Thursday 14th.
by car733
Mon Jan 28, 2019 9:22 pm
Forum: US Chapters
Topic: Chicagoland Master Thread
Replies: 34
Views: 8871

Re: Chicagoland Master Thread

Happy new year, Chicago!

Some of us are meeting on February 7th, at 6:00 pm in the Food Court of the Ogilvie Train Station/Citigroup Building - 500 West Madison Street, Chicago. We meet in the NE corner, just outside the Panda Express.

See you there!
by car733
Sun Jan 20, 2019 10:26 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 143
Views: 14497

Re: Bogle "5% Gold"

Index Fan wrote:
Sun Jan 20, 2019 12:34 pm
There have been plenty of currency crises worldwide where gold and silver were treated as currency. Argentina in the early 2000s is one example.
Source? I was living there and gold and silver were not treated as a currency.
by car733
Sun Jan 20, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 22
Views: 1225

Re: Yet another Solo 401k vs SEP question

Spirit Rider wrote:
Sat Jan 19, 2019 10:51 pm
...
That makes a lot of sense.
I will find out on Tuesday if my 401k allows IRA rollovers and make up a plan for EOY.

Thanks a lot for the help provided!
by car733
Sat Jan 19, 2019 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 22
Views: 1225

Re: Yet another Solo 401k vs SEP question

Employee fter-tax contributions to a self-employed one-participant 401k are limited to net self-employment earnings - employee elective contributions - (employer contributions * 2). Where does this formula come from? A 5305-SEP IRA as offered by ETrade, Fidelity, TD Ameritrade and Vanguard can not ...
by car733
Sat Jan 19, 2019 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 22
Views: 1225

Re: Yet another Solo 401k vs SEP question

It took me a while to understand that to do Roth contributions in a solo 401k you can't use the common solo-401k from Fidelity. :oops: If you are maxing your employee elective contributions at your primary w-2 employment, you can not make designated Roth employee elective contributions to your one-...
by car733
Sat Jan 19, 2019 1:27 pm
Forum: Investing - Theory, News & General
Topic: Why I left Wealthfront
Replies: 72
Views: 20421

Re: Why I left Wealthfront

Yup, there was a recent SEC enforcement action against Wealthfront because, even if you gave them access to your other accounts in order to avoid wash sales, they never bothered to program their software to pay attention. It's not that easy. Even if WF wanted to, there is no API from Vaguard to get...
by car733
Sat Jan 19, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Bogle "5% Gold"
Replies: 143
Views: 14497

Re: Bogle "5% Gold"

Now I don't know what actually caused prices in Argentina to go up so fast. But it would have helped Porteños to have U.S. Dollars, Euros, Swiss Franks and/or Gold. As a porteño, I can add that most of us save in USD. The process is simple, you get your paycheck, you separate some money for bills a...
by car733
Sat Jan 19, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 22
Views: 1225

Re: Yet another Solo 401k vs SEP question

Thanks for your answers. It took me a while to understand that to do Roth contributions in a solo 401k you can't use the common solo-401k from Fidelity. :oops: https://thefinancebuff.com/executing-mega-backdoor-roth-in-solo-401k.html mentions a plan by Ascensus. Is it as easy to open the account wit...
by car733
Fri Jan 18, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 22
Views: 1225

Re: Yet another Solo 401k vs SEP question

First of all, thanks a lot for taking your time to answer my questions If you plan to convert the SEP IRA assets each year (if it's allowed) it'll cost you in taxes but as long as the SEP IRA is empty ($0 value) as of 12/31 each year it won't trigger the pro-rata rule. What do you mean by "if it's a...
by car733
Fri Jan 18, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 22
Views: 1225

Yet another Solo 401k vs SEP question

Hello Bogleheads I recently started a side job and I am trying to understand which retirement account I should use. I have a full-time job and all my retirement accounts are with Fidelity. I am: - Maxing 401k pre-tax - Doing 10% 401k after-tax (which I then roll over to my roth ira account. I am doi...
by car733
Wed Jan 16, 2019 8:56 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50843

Re: John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89

David Jay wrote:
Wed Jan 16, 2019 5:23 pm
He could’a been a billionaire. Instead he made hundreds of thousands of us investors millionaires.
This.

RIP.
by car733
Mon Jan 14, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA vs Solo 401k - What am I not getting?
Replies: 28
Views: 1104

Re: SEP IRA vs Solo 401k - What am I not getting?

Spirit Rider wrote:
Mon Jan 14, 2019 2:34 pm
In such a circumstance nothing prevents you from making the same exact contribution to a one-participant 401k.
Isn't the limit across 401k accounts?
Spirit Rider wrote:
Mon Jan 14, 2019 2:34 pm
The SEP IRA interferes with a Backdoor Roth
I didn't know that. Can you point me to more information?
by car733
Mon Jan 14, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA vs Solo 401k - What am I not getting?
Replies: 28
Views: 1104

Re: SEP IRA vs Solo 401k - What am I not getting?

Another reason to use SEP instead of Solo 401k is:
You have a full-time job and you already max out your 401k. You can use SEP for your side job.
by car733
Wed Jan 09, 2019 11:40 am
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 94
Views: 8927

Re: Reasons to own Vanguard ETFs over Admiral shares?

DaftInvestor wrote:
Wed Jan 09, 2019 11:35 am
You can TLH from VTSAX to VFIAX easily (and free of charge inside a Vanguard Fund or Brokerage account).
Sure, if your TLH strategy is only using Vanguard MFs, then MF is superior to ETF since you can do fractions.
If you want to use other funds, ETF is easier.
by car733
Wed Jan 09, 2019 11:23 am
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 94
Views: 8927

Re: Reasons to own Vanguard ETFs over Admiral shares?

Could you folks elaborate on how owning MF (over ETF) limits tax loss harvesting? Compare doing a TLH transaction of VTSAX to SCHB and VTI to SCHB. In my experience, with ETF you can do it immediately, with MF you need to wait. You can argue that you can hold cash to do that type of transactions, b...
by car733
Mon Jan 07, 2019 2:15 pm
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 94
Views: 8927

Re: Reasons to own Vanguard ETFs over Admiral shares?

robertmcd wrote:
Mon Jan 07, 2019 12:33 pm
Easier tax loss harvesting from ETF to ETF

VTI-ITOT-SPTM-SCHB

VXUS-IXUS
This. I would add SCHF to VXUS-IXUS tax loss harvesting group.
by car733
Thu Jan 03, 2019 4:28 pm
Forum: Personal Investments
Topic: 2019 Lump Sum IRA Contribution
Replies: 28
Views: 2014

Re: 2019 Lump Sum IRA Contribution

Contributing to an IRA is not the same thing as purchasing funds. You can contribute the entire $6000 today (it would go into your settlement fund) and then DCA into stock funds, etc. as you please. Two separate moves. If you do DCA into a Traditional IRA, is there a difference between doing a sing...
by car733
Thu Jan 03, 2019 4:23 pm
Forum: Investing - Theory, News & General
Topic: Stocks and bonds BOTH down in 2018
Replies: 16
Views: 1166

Re: Stocks and bonds BOTH down in 2018

my only green investment in 2018 was cash in a savings account :oops:
by car733
Thu Jan 03, 2019 4:19 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 8477

Re: Should I fully fund IRA each January?

Why change? If your lump summing in the past was part of your plan, why not just stick to it? Unless, of course, you've decided that DCA suits you better from an emotional perspective and are committed to doing that going forward. That's perfectly reasonable. Just make sure you aren't switching pla...
by car733
Wed Jan 02, 2019 2:29 pm
Forum: Investing - Theory, News & General
Topic: Any reason for optimism?
Replies: 81
Views: 3169

Re: Any reason for optimism?

Some economic indicators are good - low unemployment, participation rate is high, wages are steadily increasing and inflation seems to be under control. I am a bit worried that those indicators are always good before there is a crash. When the economy starts to recuperate, the unemployment is usual...
by car733
Wed Jan 02, 2019 2:23 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 8477

Re: Should I fully fund IRA each January?

I have always lump summed but this year I am going to try to dollar cost average.
by car733
Wed Nov 14, 2018 4:59 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7545

Re: Are you all staying the course?

Staying the course but tax loss harvesting.
Tempted to increase my international %.
by car733
Thu Nov 08, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: November "Bogleheads On Investing" podcast with guest Jonathan Clements
Replies: 18
Views: 2817

Re: November "Bogleheads On Investing" podcast with guest Jonathan Clements

Did J. Clements recommended 50% of international allocation? Did I get that right?
by car733
Thu Nov 08, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: Argentina Trip Over Winter Break
Replies: 20
Views: 1784

Re: Argentina Trip Over Winter Break

TigerNest wrote:
Mon Nov 05, 2018 8:33 am
Iguazu Falls is one of the most beautiful places I have ever been. Truly a memorable trip.
And it's a fast weekend getaway from Buenos Aires.

- Friday evening: Fly to Iguazu
- Saturday: All day on the Argentinean side
- Sunday: Morning on the Brazilian side and fly back in the afternoon
by car733
Sat Nov 03, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: Would you allow your car stereo to run USB debug mode on your android phone?
Replies: 9
Views: 1541

Re: Would you allow your car stereo to run USB debug mode on your android phone?

USB debug mode gives shell access.
I wonder why the car stereo wants that? Copying files to play music?
by car733
Thu Nov 01, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: When do YOU pull the trigger for TLH? [Tax Loss Harvesting]
Replies: 53
Views: 4164

Re: When do YOU pull the trigger for TLH?

eye.surgeon wrote:
Wed Oct 31, 2018 10:05 pm
How much is 10 minutes of your time worth? I've TLH'ed $300. Why not. I've worked a lot harder for 10 minutes for a lot less.
+1.
by car733
Thu Nov 01, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Argentina Trip Over Winter Break
Replies: 20
Views: 1784

Re: Argentina Trip Over Winter Break

Things I would recommend you do in Buenos Aires: - Visit the "Teatro Colón" - Eat Pizza in the different pizza places close to the Obelisco. Last time I was there, my friends and I walked around eating a single slice in each one of them. - Ice-cream. I would recommend you try Rapanui. PS: I am an po...
by car733
Sun Oct 28, 2018 8:37 am
Forum: Personal Investments
Topic: Portfolio help
Replies: 8
Views: 549

Re: Portfolio help

Wyodoc wrote:
Sat Oct 27, 2018 12:54 pm
100% Money market VMFXX (just moved from betterment not invested yet)
This called my attention. Did you do an in-kind transfer or you sold your position and betterment and move the cash?
by car733
Wed Oct 24, 2018 9:17 am
Forum: Personal Investments
Topic: 1st Post: $70,000 in Vanguard Account to Invest. Help Please :)
Replies: 2
Views: 792

Re: 1st Post: $70,000 in Vanguard Account to Invest. Help Please :)

To better answer your question, more questions :) 1) You mentioned 60k saved for a down payment. When are you planning to buy? Would you stay in CA? 2) Are you saving some money out of your paycheck or you are tight? 3) Why are you looking to invest 70k when you are also looking for a house? I am tr...
by car733
Wed Oct 24, 2018 9:09 am
Forum: Personal Investments
Topic: Is TLH in 12% bracket less worthwhile?
Replies: 22
Views: 1902

Re: Is TLH in 12% bracket less worthwhile?

OP, what's your reasoning to avoid doing it? The time spent doing it?
by car733
Wed Oct 24, 2018 9:06 am
Forum: Personal Investments
Topic: 32M burned out from active investing
Replies: 28
Views: 3857

Re: 32M burned out from active investing

haha, I also came to this post to read how OP spent 32M dollars.
by car733
Wed Oct 24, 2018 9:03 am
Forum: US Chapters
Topic: 2019 BOGLEHEADS CONFERENCE DATES
Replies: 35
Views: 9571

Re: 2019 BOGLEHEADS CONFERENCE DATES

Any chance we get a lottery ticket system instead of first come first served?
by car733
Wed Oct 24, 2018 8:41 am
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

After talking with my wife, we decided she will stay in her HMO and I will move to HSA.
We will revisit next year.

Thanks for all the answers!
by car733
Tue Oct 23, 2018 3:37 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

aristotelian wrote:
Tue Oct 23, 2018 3:30 pm
OK, I see the dilemma. Can she add you to her plan?
Not sure, but even if she can get me in at 0 cost. I can pay 15usd per paycheck to get the HSA benefit. I think me getting HSA is the no brainer.
by car733
Tue Oct 23, 2018 3:12 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

inbox788 wrote:
Tue Oct 23, 2018 3:00 pm
Can you max out HSA?
Yes
inbox788 wrote:
Tue Oct 23, 2018 3:00 pm
What would be the alternate investment?
Taxable account.
by car733
Tue Oct 23, 2018 3:10 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

aristotelian wrote:
Tue Oct 23, 2018 3:07 pm
What is her current premium?
0. It's free for her.
by car733
Tue Oct 23, 2018 3:05 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

aristotelian wrote:
Tue Oct 23, 2018 2:59 pm
That is a pretty fantastic plan. Since adding her doesn't raise your deductible or OOP Max, it seems like a no brainer to add her to yours.
No brainer even when we would pay more to have her in the HSA plan?
by car733
Tue Oct 23, 2018 3:03 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

My wife's HMO plan details are:
deductible 250
max out of pocket 1.5k

It's pretty good and she is happy with it.
by car733
Tue Oct 23, 2018 2:55 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

Re: HSA question

aristotelian wrote:
Tue Oct 23, 2018 2:46 pm
Depends on how good her HMO is versus your options. Premium is only part of the picture. You need to consider deductibles and Out of Pocket Max.
HSA deductible is 3k for individuals and 3k for the family. Out of pocket max is 3k as well.
I need to ask my wife for the HMO details :oops:
by car733
Tue Oct 23, 2018 2:37 pm
Forum: Personal Investments
Topic: HSA question
Replies: 20
Views: 984

HSA question

Hello! I am planning to switch from Premera Blue Cross PPO to Aetna Health Savings Plan. This year pricing for reference: For PPO Employee Only $29.00 Employee + Spouse/Partner* $105.00 For HSA Employee Only $15.00 Employee + Spouse/Partner* $82.00 Right now I am using the employee only benefit sinc...
by car733
Mon Oct 22, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve -points for family ?
Replies: 13
Views: 1713

Re: Chase Sapphire Reserve -points for family ?

Biggest catch for insurance is that you need to purchase the ticket with that card.

Another issue I had in the past is the cost of an extension. I ended up getting a separate CSR for my wife. You can share the points if you live in the same house which is a big win.
by car733
Sat Oct 20, 2018 8:49 am
Forum: Personal Investments
Topic: 33 Years Old - Check up and Competing Priorities
Replies: 7
Views: 1281

Re: 33 Years Old - Check up and Competing Priorities

You didn't mention how big your house is atm but you might want to move sooner or later.
I would start saving for a down payment and go with option one.
by car733
Thu Oct 18, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Bitcoin after death...some thoughts to consider
Replies: 10
Views: 2464

Re: Bitcoin after death...some thoughts to consider

randomguy wrote:
Wed Oct 17, 2018 3:06 pm
What if they wait 20 years until computer power increases enough to break the encryption?:)
20 years? that's very optimistic.