Search found 1632 matches

by megabad
Tue May 21, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my student loans early?
Replies: 22
Views: 2046

Re: Should I pay off my student loans early?

I would not pay off anything early if I weren't already maxing out tax-advantaged retirement accounts including Roth, 401k, and HSA. If you're doing all of that then sure, why not go ahead and pay it off? +1 I am on board as long as you are contributing the maximum to retirement accounts first. Oth...
by megabad
Tue May 21, 2019 4:13 pm
Forum: Personal Consumer Issues
Topic: Another Honda maintenance thread
Replies: 44
Views: 3255

Re: Another Honda maintenance thread

-Change oil every 12 months or when MM says, whichever comes first. I guess if you want to baby your car you can do 12 months. I have 4 year old oil in one of my cars right now, I just go by miles. Theoretically, the maintenance minder is supposed to take into account short trips vs long trips, so ...
by megabad
Tue May 21, 2019 3:36 pm
Forum: Personal Investments
Topic: Betterment: Emulating annuity?
Replies: 10
Views: 870

Re: Betterment: Emulating annuity?

I have had several conversations with financial advisers/brokers/agents about annuities (SPIA) and I grew unhappy with them directing the conversation towards revenue generating solutions. At the same time I researched zero cost index funds that are beginners friendly and now I'm more comfortable w...
by megabad
Tue May 21, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: Will Admiral Shares Expense Ratio match ETF in the future
Replies: 15
Views: 891

Re: Will Admiral Shares Expense Ratio match ETF in the future

Could it be because Vanguard does not want it to, that they want the ETF expenses to be less than mutual fund expenses? While I have been very opposed to the ER changes, I think that this is the best explanation. I think Vanguard simply believes that ETFs are the growth engine and they want to comp...
by megabad
Tue May 21, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: Replace possible failing tv or not (solved)
Replies: 33
Views: 2245

Re: Replace possible failing tv or not

mhalley wrote:
Mon May 20, 2019 11:30 pm
Very pleased so far.
Great! Thanks for the detailed response.
by megabad
Tue May 21, 2019 3:16 pm
Forum: Personal Consumer Issues
Topic: Hiring a Nanny in the SF Bay Area
Replies: 5
Views: 942

Re: Hiring a Nanny in the SF Bay Area

I don't have a lot of first hand knowledge on this topic, but I just want to say, make sure you run a detailed background check on caregivers. Unfortunately I get tasked with this in my family (caregivers, boyfriends, etc) and you would be surprised at what you might find. Since I used to work indir...
by megabad
Tue May 21, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Moving HSA from Lively/TDA to Fidelity
Replies: 7
Views: 520

Re: Moving HSA from Lively/TDA to Fidelity

1. Withdraw all the HSA money into checking account. 2. Fill out a rollover form and send a check to fidelity within 60 days. I would do this. I do not believe Lively would charge any fees to do this. Remember that you can only do this once every 12 months and that you have to fill out Form 8889 pr...
by megabad
Tue May 21, 2019 2:33 pm
Forum: Investing - Theory, News & General
Topic: TIAA changes Advisory materials after complaints
Replies: 3
Views: 388

Re: TIAA changes Advisory materials after complaints

TIAA changes Advisory materials due to complaints about 'improper practices": Thanks for posting. I chuckled at the following: As for the Times reporting about TIAA incentivizing its representatives to push in-house products and putting clients into complex products such as annuities , Ferguson tel...
by megabad
Tue May 21, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need "own" occupation disability insurance (professor)?
Replies: 8
Views: 757

Re: Do I need "own" occupation disability insurance (professor)?

Is my thinking right on this that I most likely don't need additional "own" occupation disability insurance? I'm with you. I don't think most folks need "own occ" and I don't really know how you would even judge "professor risks" at an insurance company. Not sure how they would be able to efficient...
by megabad
Tue May 21, 2019 2:23 pm
Forum: Personal Investments
Topic: Reallocation to target % - Lump Sum or over time?
Replies: 3
Views: 224

Re: Reallocation to target % - Lump Sum or over time?

I've been following this forum for about 6 months now, and realize I might be too stock heavy and need to transfer some $$ into bonds from stocks. My target allocation is 75/25, I'm at 84/16. Total is about 700K over all accounts. Do I just - do the change in one shot? - change new 401K allocation ...
by megabad
Tue May 21, 2019 2:21 pm
Forum: Personal Investments
Topic: Stop contributing to 401K with hope of company match later this year?
Replies: 5
Views: 560

Re: Stop contributing to 401K with hope of company match later this year?

Proposal Stop contributions to my 401K effective immediately Wait until announcement re:401k match. Regardless of what company does/announces, resume contributing to my 401K to max out for the year, likely in August, and potentially get some company match. As long as you are confident you will get ...
by megabad
Tue May 21, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Diminished value on a car in Pennsylvania?
Replies: 2
Views: 247

Re: Diminished value on a car in Pennsylvania?

I was recently rear-ended on a highway and the insurance of the person who hit me is taking full responsibility. When I asked the insurance person who is taking care of my car repair about the diminished value, they said they were not sure who would even handle that since the car will be fine after...
by megabad
Tue May 21, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: Will Admiral Shares Expense Ratio match ETF in the future
Replies: 15
Views: 891

Re: Will Admiral Shares Expense Ratio match ETF in the future

I own both ETFs and traditional mutual funds, but with the funds my plan is to just ride it out until the Vanguard ETF share class patent expires. As soon as this happens, if FIDO goes this route, than all my new funds are going their mutual funds in all likelihood. I am already on the fence even no...
by megabad
Tue May 21, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: Delaying social security = harming nest egg?
Replies: 71
Views: 5335

Re: Delaying social security = harming nest egg?

But isn’t it risky for people with more modest portfolios to spend down their life savings while holding out to delay social security until age 70? I am of the opinion that it is exactly the opposite of risky. By betting on a very secure institution providing me an inflation adjusted annuity for my...
by megabad
Tue May 21, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Postponing Roth Conversion & receive a larger ACA subsidy
Replies: 22
Views: 1035

Re: Postponing Roth Conversion & receive a larger ACA subsidy

Not much one can do about IRMMA once RMDs start. The QCD is your friend. If you just want to give money away - you will have no shortage of friends. Remember that IRMMA is a cliff. In other words, sometimes you can give away 1 dollar and the IRS/medicare/social security gives you back 10 dollars. S...
by megabad
Tue May 21, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Mom's Condo
Replies: 12
Views: 1608

Re: Selling Mom's Condo

Recognize that if she is a long time owner, she may have a very large tax bill at the end of the year (so save for this). It will probably be on the 3 children's returns? Good point. I forgot that children are on the title. In this case, the tax bill will likely be larger than I thought and I assum...
by megabad
Tue May 21, 2019 1:21 pm
Forum: Personal Investments
Topic: Secular change in investment outlook on the horizon?
Replies: 10
Views: 1069

Re: Secular change in investment outlook on the horizon?

The question is - how to change investment assumptions over the horizon of interest? For me, that is over the next 30-40 years, and to think of what our childrens' generation could face. Vanguard's investment outlook says expect 4-6% (I assume that is before inflation) ]rates of return over the nex...
by megabad
Tue May 21, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Postponing Roth Conversion & receive a larger ACA subsidy
Replies: 22
Views: 1035

Re: Postponing Roth Conversion & receive a larger ACA subsidy

eli80 wrote:
Tue May 21, 2019 1:11 pm
Not much one can do about IRMMA once RMDs start.
The QCD is your friend.
by megabad
Tue May 21, 2019 1:12 pm
Forum: Personal Investments
Topic: Help with Bonds in Taxable
Replies: 7
Views: 669

Re: Help with Bonds in Taxable

megabad, Thanks so much for the thorough explanation! Can you share how you came to those yields? I use the 30 day SEC yield and then divide by 1 minus the applicable tax rates. Kevin M has a decent discussion here that should be in the wiki but is not: https://www.bogleheads.org/forum/viewtopic.ph...
by megabad
Tue May 21, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Postponing Roth Conversion & receive a larger ACA subsidy
Replies: 22
Views: 1035

Re: Postponing Roth Conversion & receive a larger ACA subsidy

Don't forget to account for the higher IRMAA contribution you may experience, as when you begin Medicare at 65, there is a (roughly) two year lookback on your income. So, if you hold off your Roth Conversions to 65, you will likely pay a much higher IRMAA contribution two years later. Just another ...
by megabad
Tue May 21, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Unsure of buying used car vs. keeping my current one
Replies: 10
Views: 605

Re: Unsure of buying used car vs. keeping my current one

I currently drive a 2007 Toyota Corolla with 120K miles. It is still running fine although I may need tires and brake pads when I get it inspected soon. I know of a great deal on a used car however. The used car I saw is a 2007 Chevy Cobalt. Amazingly the car only has 29K miles on it and the price ...
by megabad
Tue May 21, 2019 12:40 pm
Forum: Personal Investments
Topic: Portfolio - Please give me your thoughts
Replies: 5
Views: 816

Re: Portfolio - Please give me your thoughts

I'd appreciate your thoughts. Thoughts: Based on the information you posted and assuming you are in the 24% federal tax bracket, it looks like your expenses are somewhere between 100k-200k per year after taxes. In retirement, I assume it is likely that a portion of these expenses would be covered b...
by megabad
Tue May 21, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: What is the maximum capital loss for single taxpayer?
Replies: 4
Views: 591

Re: What is the maximum capital loss for single taxpayer?

That's good to hear.. Investopedia said 1500 per year for single, but was hoping it was inaccurate. No, it said married, filing single. In that case each of the couple get $1500 on their own return for a total of $3000. Married filing joint it is $3000 and single it is $3000. To clarify, Investoped...
by megabad
Tue May 21, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: Recently promoted - how to match image with title?
Replies: 54
Views: 4836

Re: Recently promoted - how to match image with title?

Not a female, but I have a bunch of very strong successful women in my life and family. 1. For the ladies, what was one thing you did to your appearance that helped with your confidence and made people treat you more respectfully? This may not be popular but the power colors seem to apply to women ...
by megabad
Tue May 21, 2019 10:30 am
Forum: Personal Investments
Topic: Help with Bonds in Taxable
Replies: 7
Views: 669

Re: Help with Bonds in Taxable

I live in NYC, and am in the 24% fed bracket, 6.6% state, 3.8% city. Thanks to Bogleheads, I now look at my portfolio allocation as a whole (between taxable and retirement), but I am more comfortable with some bonds in my taxable. I currently have Total Bond Market in my taxable, but am wondering i...
by megabad
Tue May 21, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: HOW to pay off a mortgage
Replies: 17
Views: 3419

Re: HOW to pay off a mortgage

If you do go the wire transfer route, be aware that if mother is elderly, she may face scrutiny at the bank. Apparently some banks have instituted elder abuse prevention policies recently that can be a bit of a hassle. My family encountered this and I actually had to go in with the relative and expl...
by megabad
Tue May 21, 2019 9:53 am
Forum: Personal Investments
Topic: Fidelity Personalized Planning and Advice at Work
Replies: 15
Views: 1045

Re: Fidelity Personalized Planning and Advice at Work

If you believe in Boglehead tenants, you would likely not feel that most active funds statistically have an advantage over low cost index funds over the long term. I do; and therein lies my confusion! I appreciate your point; I don't believe I've found some sort of secret ingredient. I know better!...
by megabad
Tue May 21, 2019 9:40 am
Forum: Non-US Investing
Topic: Does this specific tax system make bonds slightly less appealing?
Replies: 20
Views: 920

Re: Does this specific tax system make bonds slightly less appealing?

Does this specific tax system make bonds slightly less appealing? No it does not by itself. It makes them more appealing to me (in a structural sense). If I have $1 million and we assume bond returns are lower than stock returns, the additional return that stocks garner (as it grows that $1 million...
by megabad
Tue May 21, 2019 9:31 am
Forum: Personal Investments
Topic: Should I rollover my 401k from old megacorp to new megacorp?
Replies: 33
Views: 1614

Re: Should I rollover my 401k from old megacorp to new megacorp?

I am wondering if I should rollover my 401k? My new megacorp uses Fidelity I probably would roll over (since this is Fidelity and I like simplicity and low cost), but you should definitely determine exactly what both the fund expense ratios and the administrative fees are on both plans and compare ...
by megabad
Tue May 21, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: Expensive front load washer/dryer worth it?
Replies: 49
Views: 2810

Re: Expensive front load washer/dryer worth it?

There are some crazy expensive washer/dryers out there. Do you find the extra cost is worth the bells and whistles? Do these machines return on investment in any ways, whether water usage, clothes preservation, or making the clothes feel especially nice? Or is a $200 craigslist Amana set going to b...
by megabad
Tue May 21, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: PC Hardware Help - KVM Switch
Replies: 29
Views: 905

Re: PC Hardware Help - KVM Switch

OP, you have your terminology wrong, which may lead you astray. The video ports on your computers are OUTPUTS, not INPUTS. You're sending video OUT, not IN. You have an HDMI and a mini display port on your laptop. So you'll need to get a display port to mini display port adapter. This seems to be t...
by megabad
Tue May 21, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Can a cashiers check be made out to cash?
Replies: 18
Views: 1156

Re: Can a cashiers check be made out to cash?

I am looking to buy a large piece of medical equipment from someone in Chicago. The vendor is delivering something to someone else in my area. He said I could look at the equipment while he is in town. So if I like I will buy it. It is $10,000. I’m trying to figure out how to have the money. No per...
by megabad
Tue May 21, 2019 8:59 am
Forum: Personal Investments
Topic: Fidelity Personalized Planning and Advice at Work
Replies: 15
Views: 1045

Re: Fidelity Personalized Planning and Advice at Work

Now, I’m hesitant to do so if this low-cost program seems to eek out better returns. Understanding that one year is just that: one year. :confused This seems like essentially a subsidized Fidelity Go that is likely primarily subsidized by increased ERs on the active funds. Since it is 60% index fun...
by megabad
Mon May 20, 2019 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Escrow issues with Fifth Third
Replies: 10
Views: 805

Re: Escrow issues with Fifth Third

So that leaves me with cancelling the escrow. I already emailed about getting that information, but I really just want to wash my hands of anything to do with 5/3. Thoughts? Makes sense to me. I never recommend escrowing insurance/taxes/HOA. No reason for it (at least no reason that benefits me). B...
by megabad
Mon May 20, 2019 9:32 pm
Forum: Investing - Theory, News & General
Topic: How to setup Own Fund or Private Equity
Replies: 12
Views: 974

Re: How to setup Own Fund or Private Equity

I am in the process of starting my LLC., I do not have any license or anything of that matter. No Series 65 RIA/IAR registration etc. I wanted to do the Series 65 but I have a day job and will take a considerable amount of time and my clients are ready now. I don't want to lose months in getting th...
by megabad
Mon May 20, 2019 8:59 pm
Forum: Investing - Theory, News & General
Topic: 20 yr review of Mel's Unloved Midcaps
Replies: 26
Views: 6867

Re: 20 yr review of Mel's Unloved Midcaps

This is the first time I've seen the view that mid aps outperform, is there a link to the original thread? Curious about this, but isn't it similar to stock picking instead of just holding whole market? Also if mid caps perform well don't they just become large caps and drop out of the index? And a...
by megabad
Mon May 20, 2019 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Change health insurance plans and lose contribution towards deductible?
Replies: 4
Views: 398

Re: Change health insurance plans and lose contribution towards deductible?

Let's say someone changes jobs in July of a given year. Prior to July, they had a health insurance plan with a deductible and out of pocket max for the year - and they had paid $x towards that deductible. Now in July, they change jobs and start a new health insurance plan. New health plan means new...
by megabad
Mon May 20, 2019 8:43 pm
Forum: Personal Consumer Issues
Topic: Getting Ready for Windows 10
Replies: 28
Views: 1914

Re: Getting Ready for Windows 10

Browsers Edge Chrome Firefox Make sure you get an adblocker extensive if you're like me and hate obtrusive ads. Makes surfing a bunch safer too in my opinion. Mail Thunderbird Gosh if I could convince you to attempt to eventually move to cloud email I would try. I have tons of massive email archive...
by megabad
Mon May 20, 2019 8:24 pm
Forum: Personal Investments
Topic: Health Savings Account in my situation?
Replies: 4
Views: 676

Re: Health Savings Account in my situation?

Edit and Update: HSA through employer or on my own based on fees? I deleted my older post. I wanted to make this easier to read and to the point. Vanguard HSA $45 annual fee .625 basis points fee ($0.625 on $1000 every three months) all money can be invested tax free from federal only Kaiser HSA (t...
by megabad
Mon May 20, 2019 8:09 pm
Forum: Personal Investments
Topic: Retiree’s fund placement issue
Replies: 11
Views: 1003

Re: Retiree’s fund placement issue

Good evening! This is an amazing forum, with a wealth of advice. I have perused this site for a few years, and cannot get over the amount of great information that I see every day. As of this year, my DW & I are officially retired. We are 67 & 66 years old. We have done okay financially, but probab...
by megabad
Mon May 20, 2019 7:45 pm
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 61
Views: 4542

Re: Is an emergency just mental accounting?

In the case of an emergency fund the special "money jar" is often a high-yield savings account, money market account, etc. Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio ...
by megabad
Mon May 20, 2019 7:37 pm
Forum: Personal Consumer Issues
Topic: Replace possible failing tv or not (solved)
Replies: 33
Views: 2245

Re: Replace possible failing tv or not

mhalley wrote:
Mon May 20, 2019 1:34 pm
Left the TV on overnight and it was glitching again today, so bought the TCL. Picking it up later. Thanks for the replies.
Congrats. Hope it works out great. Can I ask what brand your old tv was and were you happy with it (quality/reliability)?
by megabad
Mon May 20, 2019 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Urgent credit problem
Replies: 35
Views: 3425

Re: Urgent credit problem

I suppose maybe this might be obvious, but I would attempt to get official police report documentation of the break in. Also, if your credit is not already frozen, I would also pull all your credit reports in a few months in addition to freezing your credit immediately. A clever criminal may have al...
by megabad
Mon May 20, 2019 7:23 pm
Forum: Personal Investments
Topic: New investor portfolio review & can we afford another baby?
Replies: 15
Views: 1512

Re: New investor portfolio review & can we afford another baby?

Questions: 1) My wife has some term life insurance through her work plan, but since she out-earns me by more than a 2:1 ratio, we’ve been thinking about separately purchasing a 20-year 2 million policy for her; and a 20-year 1.5 million policy for myself. In the event of catastrophe, this would eas...
by megabad
Mon May 20, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Mom's Condo
Replies: 12
Views: 1608

Re: Selling Mom's Condo

No one has any experience with trusts or sheltering money for such an event. Any thoughts or ideas would be appreciated. Not a lawyer or professional, but personally I would keep this as simple as possible. She is 93, I would want her to have quick, easy, stable access to the funds. Not to be too m...
by megabad
Mon May 20, 2019 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my student loans early?
Replies: 22
Views: 2046

Re: Should I pay off my student loans early?

I would not pay off anything early if I weren't already maxing out tax-advantaged retirement accounts including Roth, 401k, and HSA. If you're doing all of that then sure, why not go ahead and pay it off? +1 I am on board as long as you are contributing the maximum to retirement accounts first. Oth...
by megabad
Mon May 20, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to help DW to manage the invested money ??
Replies: 36
Views: 2809

Re: How to help DW to manage the invested money ??

I would definitely consider a trust as bsteiner suggested with a corporate trustee or co-trustee as this would seem to me to be the most legally protected instrument. Not a lawyer though so seek professional estate guidance. In my experience, the best family situations played out by: 1) Using a pens...
by megabad
Mon May 20, 2019 6:08 pm
Forum: Personal Consumer Issues
Topic: Do handymen typically guarantee work?
Replies: 20
Views: 1454

Re: Do handymen typically guarantee work?

One of the plastic support clips snapped and then everything came undone. In my area, handyman would charge you since I am assuming this is an additional piece that failed (assuming handyman is competent and didn't mess up the fix). A contractor would likely not (since he would have charged you a l...
by megabad
Mon May 20, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: Requesting info about cargo box for sedan
Replies: 10
Views: 676

Re: Requesting info about cargo box for sedan

I am not a cargo box person (because eww) but I have heard through the grapevine that Thule makes good racks and boxes and apparently they are easier to install than most. Since my understanding is that you usually would only have these on the roof when you needed them, I would think the likelihood ...
by megabad
Mon May 20, 2019 5:47 pm
Forum: Personal Investments
Topic: The "tilt" discussion in Living Off Your Money
Replies: 9
Views: 1863

Re: The "tilt" discussion in Living Off Your Money

Perhaps Variable Percentage Withdrawal may be of interest to you as well. Not the same thing, but it basically has similar principles (an income "floor" and a varying percentage withdrawal based on an % of portfolio tied to "life expectancy". The wiki on this is here: https://www.bogleheads.org/wiki...