Search found 178 matches

by FOGU
Fri Jan 11, 2019 11:13 pm
Forum: Investing - Theory, News & General
Topic: Did you ever "win" big?
Replies: 133
Views: 9460

Re: Did you ever "win" big?

Bought Amazon some years ago, 22 shares for a total investment of about $5k. As of today they are worth $36k.

Trying to decide whether to sell, and if I sell how to avoid/defer the taxes. Kind of a little trick box I'm in here.
by FOGU
Mon Jan 07, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 66
Views: 4461

Re: Reasons to own Vanguard ETFs over Admiral shares?

OK, but on any given day couldn't the ETF investor just as easily have $99,000 by the closing bell? No, because the market trend is up. This is the same argument to lump-sum as soon as you have the money and not to DCA. That 6 hour difference could make a huge difference. Not possible? I've seen pl...
by FOGU
Mon Jan 07, 2019 5:36 pm
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 66
Views: 4461

Re: Reasons to own Vanguard ETFs over Admiral shares?

Suppose an investor placed an order this morning at 10 am for $100,000 worth of VTSAX, then at the end of today, they will have $100,000 worth of VTSAX. But suppose the investor placed an order this morning at 10 am for $100,000 worth of VTI, then at the end of today, they will probably have at lea...
by FOGU
Sat Jan 05, 2019 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Recent large raise and would appreciate some guidance
Replies: 29
Views: 2077

Re: Recent large raise and would appreciate some guidance

Congratulations, dude. That is a sweet promotion. I would get the emergency fund up to about $25-30k. Your living expenses are about $40k, including vacation. Wife college cost goes away after this year. With no kids she will likely start to earn income as well. Anything you don't need to spend sho...
by FOGU
Fri Jan 04, 2019 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5261

Re: Ever wonder if you are saving Too Much?

I’m sure that some expenses will increase but we will also like get salary increases to hopefully offset that. I am wondering if I should try to save all of that in MBR/taxable or if at some point say enough it enough and start increasing spending/decreasing work to start enjoying life a little mor...
by FOGU
Fri Jan 04, 2019 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5261

Re: Ever wonder if you are saving Too Much?

Based on the contribution amounts noted above (401(k)s; HSAs; BDRs)*2: $38,000+7,000+12,000(using 2019 contribution limits), you're currently saving $57,000 (not including employer match because it wasn't noted :D). $57,000 is a 22.8% pretax savings rate (kudos, this is WAY above average). However,...
by FOGU
Thu Jan 03, 2019 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Recent large raise and would appreciate some guidance
Replies: 29
Views: 2077

Re: Recent large raise and would appreciate some guidance

Congratulations, dude. That is a sweet promotion. I would get the emergency fund up to about $25-30k. Your living expenses are about $40k, including vacation. Wife college cost goes away after this year. With no kids she will likely start to earn income as well. Anything you don't need to spend shou...
by FOGU
Thu Jan 03, 2019 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

indexonlyplease wrote:
Thu Jan 03, 2019 7:24 pm
I dated a girl named Star many years ago before I got married. I hated saying goodbye to star.
Heh. Breaking up is hard to do.
Nevertheless, adiós STAR.
by FOGU
Thu Jan 03, 2019 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5261

Re: Ever wonder if you are saving Too Much?

I'm not sure I get the implied direct correlation between spending money and enjoying life. +1 Most of my enjoyment comes from a couple hundred dollars of stuff. There are many things that we do that are mostly free. There are also many things that cost a bit of money. And there are things that can...
by FOGU
Thu Jan 03, 2019 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5261

Re: Ever wonder if you are saving Too Much?

I'm not sure I get the implied direct correlation between spending money and enjoying life. +1 Most of my enjoyment comes from a couple hundred dollars of stuff. There are many things that we do that are mostly free. There are also many things that cost a bit of money. And there are things that can...
by FOGU
Thu Jan 03, 2019 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5261

Re: Ever wonder if you are saving Too Much?

I'm not sure I get the implied direct correlation between spending money and enjoying life.
by FOGU
Thu Jan 03, 2019 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

Tax loss partners are funds that are similar, but not substantially identical (the IRS verbiage). As mentioned, VTIAX and VFWAX are common partners. Vanguard Total Stock Market fund (VTSMX) and 500 Index Fund (VFINX) are too. Tax loss harvesting is a tax tool. You can sell fund shares that have los...
by FOGU
Wed Jan 02, 2019 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

I understand now. You've got legacy holdings with cap gains. My thought would be to try to sell them and buy Total International (VTIAX). Do you have any losses in your taxable account to harvest? You can offset capital gains with capital losses. At least I wouldn't be adding to my position in thos...
by FOGU
Wed Jan 02, 2019 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Re: Should I say good-bye to STAR (VGSTX)??

I had STAR way back in the day. It's ok as a starter fund, but since it's made up a whole bunch of active funds, it's kind of "neither here nor there" for me. Not all of the underlying funds are, um, stars - PRIMECAP certainly is but it's 6% of STAR. There's a bond component. And an international c...
by FOGU
Wed Jan 02, 2019 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Should I say good-bye to STAR (VGSTX)??
Replies: 9
Views: 1484

Should I say good-bye to STAR (VGSTX)??

I am thinking of breaking up with my old flame, Vanguard STAR Fund (VGSTX). I want to increase my foreign stock holdings to between 15 and 20% of equity. Right now my foreign stock holdings are about 12% of equity. I can tweak that percentage with contributions over the coming months. Right now the ...
by FOGU
Mon Dec 31, 2018 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

Thank you for the thoughtful responses. Assuming I continue with weekly investment, is there a day of the week that has historically been superior to other days of the week? Considering the whole buy low concept, is Tuesday better to put money in than Friday, for example? Just wondering. Joke from ...
by FOGU
Mon Dec 31, 2018 12:41 am
Forum: Investing - Help with Personal Investments
Topic: Am I retirement ready?
Replies: 51
Views: 4877

Re: Am I retirement ready?

Spindrift, If you walked now, I bet within a short time your part-time or "voluntary" ventures would pay for your family's $77k in living expenses, thus alleviating all pressure on your accumulated assets. This job you have, as great and prestigious as it may be, is not the only place in the world t...
by FOGU
Sun Dec 30, 2018 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

Thank you for the thoughtful responses.

Assuming I continue with weekly investment, is there a day of the week that has historically been superior to other days of the week?

Considering the whole buy low concept, is Tuesday better to put money in than Friday, for example?

Just wondering.
by FOGU
Thu Dec 27, 2018 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

I'm not sure I understand the benefit of delaying investment in order to increase frequency of investment. If you have money to invest, invest it. Tax loss harvesting will be possible on a biweekly or monthly schedule. DCA might be a better strategy than waiting to invest with a larger lump sum (an...
by FOGU
Thu Dec 27, 2018 10:02 pm
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7226

Re: What was your best investment in 2018?

$1860 (late 2017 and 2018) was spent for me and my wife to become US citizens and get our US passports. Best money spent ever! :sharebeer BogleMelon, my wife is a foreign national too. Can you expound on why you view US citizenship as a good investment? We are on the same road. I suppose it depends...
by FOGU
Thu Dec 27, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

MotoTrojan wrote:
Thu Dec 27, 2018 7:52 pm
Are you investing from pay or a lump of cash you have already?
Both, kind of. I am building a cash reserve for an upcoming transition, and also investing part of monthly income.
by FOGU
Thu Dec 27, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

Curious why you think daily would be better. Why not every minute? Lot of crazy swings intraday. Now there's an idea. Every minute. Based on my example that would be about 13 cents x 390 trades per day. Something to consider. But I'd have to switch to ETFs, since mutual funds are traded at the end ...
by FOGU
Thu Dec 27, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

02nz wrote:
Thu Dec 27, 2018 7:30 pm
I also think this is too much. Since this is in a taxable account, it will mean hundreds to thousands of lots, making things complicated if you ever want to do SpecID.
Hmm.
Good consideration. Thanks for the input.
by FOGU
Thu Dec 27, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Re: Vanguard Dollar Cost Averaging - Any way to do it more frequently?

Curious why you think daily would be better. Why not every minute? Lot of crazy swings intraday. Now there's an idea. Every minute. Based on my example that would be about 13 cents x 390 trades per day. Something to consider. But I'd have to switch to ETFs, since mutual funds are traded at the end ...
by FOGU
Thu Dec 27, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Dollar Cost Averaging - Any way to do it more frequently?
Replies: 21
Views: 1614

Vanguard Dollar Cost Averaging - Any way to do it more frequently?

I have an amount that I invest in VTSAX in my taxable account every month as a savings/investment plan. Many people do this with a monthly transfer. Vanguard allows me to set up an automatic draft on my bank account every week. I view every week as better than every month for dollar cost averaging.I...
by FOGU
Thu Dec 27, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7226

Re: What was your best investment in 2018?

Best investment: The time I had with my wife and two toddlers. Second best investment: The time I spent in my home weight room. Personal records this year on 4 lifts: squat, press, deadlift and bench press. Third best investment: The time I spent sleeping. Now that my kids are sleeping better, I mad...
by FOGU
Sun Dec 16, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 126
Views: 10112

Re: Can I retire

How the hell do you blow through so much money? Your net worth should be in the 7-8 figure range with an income like that. I’m assuming you’ve always been able to earn a high income.. seriously, how do you only save 70k a year? I save more than that and I make a little more than half what you make....
by FOGU
Fri Dec 14, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can you tell me if I screwed up this Roth thing?
Replies: 6
Views: 407

Re: Can you tell me if I screwed up this Roth thing?

Thank you nolesrule.

I am not concerned about the amount of the penalty which as you point out is zero. I am concerned about the paperwork and alarm bells.
by FOGU
Fri Dec 14, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can you tell me if I screwed up this Roth thing?
Replies: 6
Views: 407

Re: Can you tell me if I screwed up this Roth thing?

You will want to request a return of contributions for that $1 contribution (and any earnings). If you have a Traditional IRA balance, you can do a conversion. Roth conversions can be done at any time. Whether it is a good idea or not is a different discussion, as a conversion generates taxable inc...
by FOGU
Fri Dec 14, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can you tell me if I screwed up this Roth thing?
Replies: 6
Views: 407

Re: Can you tell me if I screwed up this Roth thing?

You will want to request a return of contributions for that $1 contribution (and any earnings). If you have a Traditional IRA balance, you can do a conversion. Roth conversions can be done at any time. Whether it is a good idea or not is a different discussion, as a conversion generates taxable inc...
by FOGU
Fri Dec 14, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can you tell me if I screwed up this Roth thing?
Replies: 6
Views: 407

Can you tell me if I screwed up this Roth thing?

I think I may have screwed up. In my haste to make a Roth conversion in 2018, I don't think I thoroughly considered whether I am even eligible to do so. In order to make a contribution (not a conversion) to a traditional IRA or Roth I must have income. All of my earnings are excluded by the Foreign ...
by FOGU
Thu Dec 13, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowner Insurance Deductible Amount?
Replies: 19
Views: 1215

Re: Homeowner Insurance Deductible Amount?

The difference in deductible (2,500 vs. 5,000) is not meaningful if you have savings.

It's insurance against big stuff, not a pre-paid maintenance plan for small stuff.
by FOGU
Thu Dec 13, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 62
Views: 7675

Re: New job, sales at Subaru

Look up Jeffrey Gitomer and consume all you can.
by FOGU
Thu Dec 13, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do our savings rate habits change as we get older?
Replies: 16
Views: 1522

Re: Do our savings rate habits change as we get older?

I suspect savings rate is mainly a question of personality and upbringing. What is comfortable and normal for each person is formed based on his or her nature and what they have witnessed during their formation. The good news is those things are not static and can be developed to achieve better resu...
by FOGU
Thu Dec 13, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

.... In any case, if I understand correctly, the first $3,400 of wife's income should not be included in any calculations of Roth conversions. Correct? Also, how do we document wife's income, and the exclusion of the first $3,400? There is no W-2 analog. And I don't see any space on the worksheets ...
by FOGU
Wed Dec 12, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

I followed most of the discussion. I didn't see that there was any consideration given to self employment tax. And on that basis, I could see a Roth conversion of $18k. I wondered if the foreign credit was limited to income tax or whether it could offset part of the SE tax. So while the total in th...
by FOGU
Wed Dec 12, 2018 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

Here's another question for my situation, if anyone knows and would care to help. My wife is a foreign national with no connection to the USA, except as my spouse. She is not a citizen or permanent resident. She earns a few thousand dollars a year. Do we need to include her income in our income tot...
by FOGU
Tue Dec 11, 2018 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

Here's another question for my situation, if anyone knows and would care to help. My wife is a foreign national with no connection to the USA, except as my spouse. She is not a citizen or permanent resident. She earns a few thousand dollars a year. Do we need to include her income in our income tota...
by FOGU
Tue Dec 11, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

The calculation takes place in the Foreign Earned Income Tax Worksheet (FEITW), which is in the 1040 instructions. The process appears to be as follows: Fill out Form 2555 or 2555-EZ, Total foreign income gets added to line 1 of Form 1040, The exclusion is subtracted from other income on line 21 of...
by FOGU
Tue Dec 11, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

You may want to give the problem below to your preparer as a test (from the link above)...note it uses 2017 numbers Also note that the methodology is quite different than a normal US tax problem. With a normal US tax problem, you subtract out the non-taxed income and then calculate tax on what's le...
by FOGU
Tue Dec 11, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

1099 income in 2018 will be $66,000, all of it excluded from income tax under the Foreign Earned Income Exclusion. This is the item that most here will not be familiar with. Assuming no tax implications from the above (I don't have specific knowledge one way or the other of any means test for the a...
by FOGU
Tue Dec 11, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

Thanks everyone. LTCG and LTCG distributions will be about $4k. STCG and STCG distributions will be about $1k. Ordinary dividends will be about $5k. Qualified dividends will be about $4k. ................................... If I understand your numbers correctly LTCG/QDIV=8K;ordinary income=6K whic...
by FOGU
Mon Dec 10, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Re: Want to help me figure how much I can convert to Roth?

Thanks everyone. LTCG and LTCG distributions will be about $4k. STCG and STCG distributions will be about $1k. Ordinary dividends will be about $5k. Qualified dividends will be about $4k. As pointed out by several posts, the trick is calculating the impact of the FEIE. My accountant suggests the FEI...
by FOGU
Mon Dec 10, 2018 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Want to help me figure how much I can convert to Roth?
Replies: 27
Views: 2411

Want to help me figure how much I can convert to Roth?

Hi Folks. I would like to convert some traditional IRA funds to Roth in 2018, without incurring income tax . My accountant says I have room to do so but he wants to charge me about $500 to calculate exactly how much. Anyone want to help me figure it out so I don't have to spend $500? If anyone can p...
by FOGU
Mon Sep 24, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: What Kind of Insurance Do i need as a landlord?
Replies: 3
Views: 372

Re: What Kind of Insurance Do i need as a landlord?

You might consult an experienced insurance broker. You may be able to bundle with your existing personal lines.

https://www.thebalance.com/best-landlor ... es-4159603
by FOGU
Wed Sep 19, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable fee charged by financial planners?
Replies: 30
Views: 2291

Re: What is a reasonable fee charged by financial planners?

You stumbled in here. Do the work and do it yourself. You know you better than anyone. There is nothing that can't be researched or asked or delved into and there is never a fee. There are previous threads on virtually all topics. You do not need a financial planner. You need to study. And study so...
by FOGU
Thu Sep 13, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 4317

Re: Vanguard is requiring cell phone security codes - problem for international travel

HueyLD wrote:
Thu Sep 13, 2018 5:05 pm
It is indeed a problem.

I guess you can move your accounts to another brokerage.
I view that as a drastic last resort. I like the VPN with Google Voice work around. I'm hoping that will work.
by FOGU
Thu Sep 13, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 4317

Re: Vanguard is requiring cell phone security codes - problem for international travel

I am completely bewildered by this entire thread. I log into Vanguard every evening to check the status of my portfolio, and I haven't had to use a cell phone security code in so long I can't remember. I spent 18 days in Europe in May and was able to log in from my iPad with no requirement to verif...
by FOGU
Thu Sep 13, 2018 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 4317

Re: Vanguard is requiring cell phone security codes - problem for international travel

Thank you all! I had to google google voice, but it was easy to set up. Still mad at Vanguard, tho... I considered a Skype phone number too, but that costs like $7 a month. Not worth it just for this. Just so I have it clear, I would get a free Google Voice number, link my international number to i...