Search found 23 matches

by Skierajs
Fri Mar 29, 2019 2:30 am
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7223

Re: Anybody else get a huge tax increase due to SALT deduction changes?

I got lucky and had the SALT swap out during a year with a windfall in CA. Cost: $700k in CA taxes I suddenly can't write off. Additional check writing at tax time ~$300k. Just sending in the last $75k of that tonight. Cheers :beer I wouldn’t be so sure... The AMT would have probably got you anyway...
by Skierajs
Thu Nov 22, 2018 1:57 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15815

Re: Black Friday 2018

Looking for an OLED 4k TV, 77" or bigger. Also, what would be the best way to sell a 2-year-old, 65" LED TV? I'm trying to avoid craightlisting it. TravelforFun Looks like NewEgg has the best deal for the 77” https://flash.newegg.com/Product/9SIA9KB7GH5725?nm_mc=KNC-GoogleAdwordsNF-Mobile&cm_mmc=KN...
by Skierajs
Thu Nov 08, 2018 3:02 am
Forum: Personal Consumer Issues
Topic: Where can I go to print a very high-quality book?
Replies: 14
Views: 1047

Re: Where can I go to print a very high-quality book?

https://blurb.com is one of the larger ones with decent online tools and a variety of printing options.
by Skierajs
Mon Oct 01, 2018 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Insurance without Homeowner's/Rental Insurance
Replies: 7
Views: 730

Re: Umbrella Insurance without Homeowner's/Rental Insurance

A base policy of some sort is required, however, I’m pretty sure my umbrella with Geico only required an auto policy to sit on top of. If you don’t own a car you can even buy a “named non-owner” auto policy (the liability portion only) plus an umbrella. You will still need a renters or homeowners po...
by Skierajs
Fri Sep 14, 2018 4:50 pm
Forum: Personal Investments
Topic: Using 401k loans to max tax advantaged accounts early in career
Replies: 29
Views: 2052

Re: Using 401k loans to max tax advantaged accounts early in career

I actually thought of doing this earlier in my career and didn't. Now I wish I had done it. It is a little bit risky, but it also may create a good "forced savings" situation since the loan payment will also be taken from your paycheck. The main risks I see is a forced early withdrawal of the remain...
by Skierajs
Sun Sep 09, 2018 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy: Right amount for $7 mil net worth?
Replies: 113
Views: 18860

Re: Umbrella Policy: Right amount for $7 mil net worth?

I’m not sure how much you’re paying for the umbrella without auto, but I’m in a similar boat with no car (but do rent occasionally) and when I priced it out it was cheaper to buy a “named non-owner” auto policy PLUS an umbrella from Geico than a stand-alone umbrella from anywhere else. It’s also nic...
by Skierajs
Tue Aug 28, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 12657

Re: How do you 7 figure guys organize multiple accounts?

My accounts and funds don't change ever really, just the amounts over time through gains / losses and contributions, but Personal Capital is useful for having one place to log in and see the values of all the holdings. So, I have a spreadsheet with all my accounts and funds categorized by asset clas...
by Skierajs
Fri Aug 10, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 3137

Re: SPG rewards....sucks?

If you rack up 90k-120k SPG points you can get the best value staying 5 nights (stay 4 nights get 5th free) at very high end hotels. Look at St Regis (Starwood) or Ritz Carlton (Marriott) or Luxury Collection hotels in Europe such as the Hotel Danieli in Venice. The points transfer to Marriott at 1 ...
by Skierajs
Thu Aug 02, 2018 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Trust & Transfer in-kind vs cash?
Replies: 3
Views: 457

Re: Trust & Transfer in-kind vs cash?

If you were inheriting $10k cash would you use it to buy SWN? If not, sell it.

Separately, if the basis was stepped up to $100k at time of death can you take a $90k capital loss when you sell it? That would be a big win.
by Skierajs
Fri Jul 27, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Decision for Stay at Home Wife?
Replies: 84
Views: 3992

Re: Decision for Stay at Home Wife?

Consider that the first 2 years is, for many people, the least fun time to be a stay at home parent. An option would be to play it by ear initially - she can get a taste of what it would be like by planning a 6 months maternity leave and decide 3 months in if it’s right at that time. On the financia...
by Skierajs
Thu Jul 26, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: How to make opened bottles of wine last longer
Replies: 38
Views: 3165

Re: How to make opened bottles of wine last longer

Coravin model one: https://www.coravin.com/model-one-wine-system.html Only worth it on $30+ bottles and only tap the bottle 2 or 3 times max. Still best to finish the bottle within a few weeks but when it works properly you can be good for months. I’ve had it work for 6+ months but sometimes for som...
by Skierajs
Thu Jul 26, 2018 1:41 am
Forum: Personal Investments
Topic: DFA funds vs. Vanguard
Replies: 2
Views: 575

Re: DFA funds vs. Vanguard

Beware the tax consequences of holding DFA funds in taxable accounts. DFA has a nasty habit of large cap gains distributions. Personal experience from holding DFA Vector funds in taxable over the past decade is negative from a tax point of view. In 2017, if memory serves, DFA Vector distributed bet...
by Skierajs
Wed Jul 25, 2018 1:36 am
Forum: Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5594

Re: Biggest financial decision of my life: selling a big wad of options

Wish I could "like" every post. I am reading and considering every one, even though I don't have something unique to say in response to each. Does your tax calculation include NIIT? Hm-- if the income is from capital gains, but the capital gains are from a business in which I materially participate...
by Skierajs
Sun Jul 22, 2018 10:11 am
Forum: Personal Investments
Topic: Biggest financial decision of my life: selling a big wad of options
Replies: 46
Views: 5594

Re: Biggest financial decision of my life: selling a big wad of options

I would definitely get some professional tax planning advice. FWIW if these are non-qualified stock options I don’t think holding the stock for a year following exercise lowers taxes on the initial gain at all. Also, a “cashless” exercise usually is the term for taking the cash value immediately as ...
by Skierajs
Sun Jul 15, 2018 1:07 am
Forum: Personal Finance (Not Investing)
Topic: Thrift Savings Plan Loan Help/Withdrawl/Tax
Replies: 11
Views: 1082

Re: Thrift Savings Plan Loan Help/Withdrawl/Tax

If you feel sure about your new job, find out if their 401k offers loans. If so, you just need a bridge loan - you could take out a personal loan or home equity loan to pay back the TSP, then roll the money into the new 401k, then take out a new 401k loan under the new plan to pay back the bridge lo...
by Skierajs
Wed Jul 11, 2018 8:45 pm
Forum: Personal Investments
Topic: Recurring investments in taxable account
Replies: 26
Views: 2371

Re: Recurring investments in taxable account

If you are planning to buy only Vanguard funds you are probably better off opening an account there. However TD will allow you to set up an automatic investment plan to add funds to any position you already have and charge no commissions. You could, say, buy an additional $2k per month that way and ...
by Skierajs
Thu Jul 05, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Anyone tilting heavy to international based on current forecasts?
Replies: 38
Views: 4529

Re: Anyone tilting heavy to international based on current forecasts?

Thanks for all the great responses. I’m 50/50 at the moment as well but with current valuations it is tempting to put more new money towards international. To the folks who cry “market timing” at the thought of overweighting international - I assume you’d also say that anyone who has previously been...
by Skierajs
Wed Jul 04, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Anyone tilting heavy to international based on current forecasts?
Replies: 38
Views: 4529

Anyone tilting heavy to international based on current forecasts?

In an environment where 10-year US stock market returns are forecasted by Vanguard and others to be lower than international stock market returns, I'm curious whether anyone is substantially tilting their equities allocation to international? Just as most investors historically have tilted their por...
by Skierajs
Mon Jun 25, 2018 2:35 am
Forum: Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 148
Views: 15984

Re: "Never time the market" vs. lump sum investment

This might interest you: https://www.bloomberg.com/view/articles/2018-04-18/lump-sum-investing-is-the-best-strategy-except-in-this-market I think the sample size is a bit small but in this scenario when PE > 32 lump sum still won over 12 month DCA 60% of the time. However, the standard deviation for...
by Skierajs
Sun Jun 24, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Insuring a rental car as non-owner
Replies: 7
Views: 799

Re: Insuring a rental car as non-owner

I have a “named non-owner” policy from Geico which covers me + spouse in any vehicle, including rental and car share. You must call them to get it quoted and it may take your rep a bit to figure out how to do it as it’s not very common. The policy is liability only and I use AMEX or another platinum...
by Skierajs
Fri Jun 22, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 69
Views: 5608

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

Also if looking at XC90 T8s they increased the usable battery capacity by 10-15% as of MY 2018 so you might want to consider that if you are trying to maximize electric only range / mpg.
by Skierajs
Fri Jun 22, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 69
Views: 5608

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

If you like the Volvo, you can get a 2019 T8 built to order for $60,800 - $5,000 irs tax credit (maybe more in your home state) = $55,800. Plus they’ll provide 2 round trip premium economy tickets to Sweden, a factory tour, a few meals, and a night’s hotel room in Gothenburg where you can pick up t...
by Skierajs
Fri Jun 22, 2018 1:23 am
Forum: Personal Consumer Issues
Topic: Boglehead guilt with buying a car - Volvo vs Toyota Highlander
Replies: 69
Views: 5608

Re: Boglehead guilt with buying a car - Volvo vs Toyota Highlander

If you like the Volvo, you can get a 2019 T8 built to order for $60,800 - $5,000 irs tax credit (maybe more in your home state) = $55,800. Plus they’ll provide 2 round trip premium economy tickets to Sweden, a factory tour, a few meals, and a night’s hotel room in Gothenburg where you can pick up th...