Search found 1817 matches

by megabad
Thu Jul 18, 2019 4:58 pm
Forum: Personal Consumer Issues
Topic: Harrassed at work, what steps to take to protect her future employment
Replies: 31
Views: 2427

Re: Harrassed at work, what steps to take to protect her future employment

Is there anything else she can do to protect herself? There sure is. She can leave the office at 5pm to protect her health and reduce stress levels (but still work hard during the normal work day). She can disconnect and not worry about work when she gets home. She can make sure she saves as much a...
by megabad
Thu Jul 18, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Credit rating question
Replies: 3
Views: 188

Re: Credit rating question

As above, as long as you can still stay less than 10% credit utilization and you have a multi debt line history for 7+years you should still maintain 800+ credit.
by megabad
Thu Jul 18, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is Sacramento Affordable--Under $400K Family Home?
Replies: 7
Views: 754

Re: Is Sacramento Affordable--Under $400K Family Home?

coupleofcents wrote:
Thu Jul 18, 2019 7:10 am
- children 4 months and 2-1/2 years
Will you be staying in Sacramento long? Will kids go to public school?
by megabad
Thu Jul 18, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: How do I determine the interest rate if I finance the sale of my business?
Replies: 7
Views: 462

Re: How do I determine the interest rate if I finance the sale of my business?

OP here. The bank has offered them a 10 year SBA variable rate loan for prime+2.75%. They want 10% down, a hefty origination fee of +$50,000 and a personal guarantee that includes their homes. I don't need an origination fee nor do I want their homes. I do want them to succeed. I'm thinking of aski...
by megabad
Thu Jul 18, 2019 4:06 pm
Forum: Personal Investments
Topic: Clean up my portfolio
Replies: 7
Views: 326

Re: Clean up my portfolio

1. Stock DDD is a tech stock that has lost 85% of its value since purchasing 5 years ago. Would like to get rid of it- tax loss harvesting opportunity? 2. Would you consolidate equity funds and bond funds to one fund each? If so, which one? 3. Any tax efficient strategies I can use for this portfol...
by megabad
Thu Jul 18, 2019 3:38 pm
Forum: Personal Investments
Topic: Seeking help for 401k/403b plans offered at work
Replies: 4
Views: 239

Re: Seeking help for 401k/403b plans offered at work

...401(k) plans fall under the purview of ERISA act, and therefore grants you the highest form of creditor protection -- bullet proof asset protection. Not so with 403(b) plans, although tax treatment is the same between the two. Just wanted to point out that this may or may not be true depending o...
by megabad
Thu Jul 18, 2019 3:31 pm
Forum: Personal Investments
Topic: What to do with my I-401k when I change jobs?
Replies: 5
Views: 393

Re: What to do with my I-401k when I change jobs?

You can roll it to an IRA or into another 401k/403b/457 plan. I think you can roll it into the TSP (the TSP does take IRAs so I assume they will take 401ks but don't know for sure). The advantage of not rolling this into the TSP, would be my access to different funds. But if that isn’t a factor for...
by megabad
Thu Jul 18, 2019 3:10 pm
Forum: Personal Investments
Topic: Alternative investments to stock market
Replies: 9
Views: 576

Re: Alternative investments to stock market

I am curious today. I have some extra money (for investment, not spending) and would like to consider investing in alternatives to the stock market. I have yet to find one that strikes my fancy, but have considered a variety: - Buying a U-Haul truck / trailer/ etc - Commercial real estate - Purchas...
by megabad
Thu Jul 18, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Any Bogleheads-approved fiduciary financial planner in MA?
Replies: 3
Views: 288

Re: Any Bogleheads-approved fiduciary financial planner in MA?

I would recommend checking out the Garrett Planning Network website as well as the NAPFA website for a list of potential providers. I would recommend that we all be...careful...around forum rules when responding to questions like this.
by megabad
Thu Jul 18, 2019 2:49 pm
Forum: Personal Investments
Topic: thinking of moving American Funds 529 to Vanguard
Replies: 6
Views: 204

Re: thinking of moving American Funds 529 to Vanguard

Hi, new to the forum but not to Vanguard or John Bogle books - actually reading the Bogleheads Guide to Investing 2014 now which encouraged using this forum. That being said, back in Mar 2007 I invested 15k with American Funds into 529 accounts. I used an RIA, I wasn't aware of the 5.75 front load ...
by megabad
Thu Jul 18, 2019 2:37 pm
Forum: Personal Investments
Topic: 2.5 million to invest for myself[35] and father[70]
Replies: 29
Views: 2404

Re: 2.5 million to invest for myself[35] and father[70]

Chances are high we'll be under the estate tax limit. My plan would be to keep separate vanguard accounts for the two of us, but in terms of fund distribution, should I treat it all like one portfolio? No. I won't go into the details (since this doesn't appear to be your desired focus), but fundame...
by megabad
Thu Jul 18, 2019 1:59 pm
Forum: Personal Investments
Topic: Just sat through a wealth-management sales pitch.
Replies: 41
Views: 3029

Re: Just sat through a wealth-management sales pitch.

I just sat through 1-hour wealth-management sales presentation 1% fee, Fidelity is custodian, 20 to 23 low cost ETF’s mostly Fidelity some Vanguard Access to their proprietary all-in-one portal and their CFP's Use my IRA assets to fund a minimum $150K Penn Life Deferred Variable Annuity 8% guarante...
by megabad
Fri Jul 12, 2019 4:07 pm
Forum: Personal Investments
Topic: is Vanguard Flagship service better? (I sure hope so)
Replies: 28
Views: 2825

Re: is Vanguard Flagship service better? (I sure hope so)

Please tell me Flagship service is much more improved than Voyager Select. I have to say Fidelity is better based on my personal experience. Once you get an actual person person assigned (whatever level that is), the service is usually somewhat improved (though I don't personally view your issue as...
by megabad
Wed Jul 10, 2019 4:06 pm
Forum: Personal Investments
Topic: Bonds in Retirement Accounts
Replies: 15
Views: 1797

Re: Bonds in Retirement Accounts

My thinking is that, overall, stocks have outperformed equities historically so keep bonds in Traditional as much as possible to allow equities to benefit from tax-free growth in a Roth. That is indeed the usual advice here. Stocks are the same thing as equities, no? Might need a revision here? goo...
by megabad
Wed Jul 10, 2019 10:35 am
Forum: Personal Investments
Topic: Newbie assistance
Replies: 7
Views: 423

Re: Newbie assistance

I think there are many approaches that would be appropriate depending on your situation. My answer would depend on your complete situation. For example, if you had a low cost REIT index fund available in a 401k, you may not want to hold in your Roth IRA. A target fund generally provides simplicity a...
by megabad
Wed Jul 10, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Home Refinance
Replies: 25
Views: 1697

Re: Home Refinance

I basically agree with the above. I think the savings from switching rates would be several thousand in interest (let's say $6k) on a 15 year payoff schedule (your current pace roughly). To get that rate, you would spend maybe $2k when all said and done. So you would save $4k over 15 years. A couple...
by megabad
Wed Jul 10, 2019 10:13 am
Forum: Personal Investments
Topic: Bonds in Retirement Accounts
Replies: 15
Views: 1797

Re: Bonds in Retirement Accounts

My thinking is that, overall, stocks have outperformed equities historically so keep bonds in Traditional as much as possible to allow equities to benefit from tax-free growth in a Roth. Am I missing something? When deciding to do anything in Traditional IRA vs Roth IRA, the correct decision always...
by megabad
Wed Jul 10, 2019 9:58 am
Forum: Personal Consumer Issues
Topic: Storm damage on a wharf not covered by home insurance!
Replies: 11
Views: 1066

Re: Storm damage on a wharf not covered by home insurance!

In any case, it sounds as if you told the adjuster it was damaged in a storm so if storm damage is excluded then you need to repair it yourself. I was going to ask if DW said anything to adjuster. I would never speak to adjuster at all as I can't see this ever helping you. Otherwise, you would need...
by megabad
Wed Jul 10, 2019 9:52 am
Forum: Personal Investments
Topic: New guy in need of opinion
Replies: 15
Views: 1469

Re: New guy in need of opinion

Does it make sense to have a WLI in my situation? Should I consider it an expensive lesson and close that account? (I have been contributing more than the required premium). I would have gone low cost annuity first (assuming you plan on having your 500-600k income stop at some point in your life). ...
by megabad
Wed Jul 10, 2019 9:46 am
Forum: Personal Investments
Topic: Assisted Living Money Decision
Replies: 21
Views: 1725

Re: Assisted Living Money Decision

Any thoughts would be greatly appreciated. I would probably fill up 12% tax bracket with annuity withdrawals first (assuming taxable), then IRA withdrawals. Once you fill up 12%, I would tap savings. Does pension have COLA and survivor benefits? What is Father's long term physical prognosis? Is thi...
by megabad
Wed Jul 10, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Family Help
Replies: 10
Views: 1620

Re: Family Help

Thank you for your thoughts. Seems like brother is in decent shape assuming he is still independent (it sounds like he is if he was a caregiver). Better than most. If he sells the rental, he will have $175,000 to live the rest of his life. He is 76 so this seems reasonable given that he has ~900 mo...
by megabad
Mon Jul 01, 2019 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Lock in 30y Mortgage Rate at 3.875%?
Replies: 56
Views: 4220

Re: Lock in 30y Mortgage Rate at 3.875%?

$300k loan at 3.875% and no fees = $1411/mo payment $300k loan at 3.75% with the following fees: $400 lender fee, $700 Title, $300 Recording, $400 Appraisal = $1800. Payment = $1389 $1800 / $22 = 82 month payback so that is a nearly 7 year payback I’d rather have the $1800 in my pocket today than w...
by megabad
Mon Jul 01, 2019 5:27 pm
Forum: Investing - Theory, News & General
Topic: Mel Lindauer is my next guest on the “Bogleheads on Investing” podcast
Replies: 11
Views: 1487

Re: Mel Lindauer is my next guest on the “Bogleheads on Investing” podcast

Thank you for your service (both of you). Can you talk a little about the John C Bogle Center, its continuing goals, and how listeners can support it? How did you become involved in the Bogleheads initially? What drew you to the forum (morningstar I guess)? Why did you and Taylor and the team decide...
by megabad
Mon Jul 01, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Lock in 30y Mortgage Rate at 3.875%?
Replies: 56
Views: 4220

Re: Lock in 30y Mortgage Rate at 3.875%?

A true “no cost” refinance means you don’t assume any of these costs in order to obtain the loan. In a declining interest environment you can repeatedly refinance when it doesn’t cost you anything to do so. Not so if you you’re paying a few $1000 for the privilege. I guess you are just more of gamb...
by megabad
Mon Jul 01, 2019 4:45 pm
Forum: Personal Investments
Topic: HSA and small medical bills
Replies: 17
Views: 793

Re: HSA and small medical bills

Keep it simple. Either pay out of pocket and discard the receipt or pay out of HSA now. Not worth saving small receipts. To each his/her own, but I take the opposite approach. Keep it simple, instantly take picture on phone of receipt in office. Photo autouploads to google photos in cloud. Done. Co...
by megabad
Mon Jul 01, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Lock in 30y Mortgage Rate at 3.875%?
Replies: 56
Views: 4220

Re: Lock in 30y Mortgage Rate at 3.875%?

Unless you have a relationship bonus (say having $1,000,000 at a bank or whatever), 3.875% is the current best no cost refinance option I suppose you may be right, but why is a "no-cost" refinance any better than any other mortgage? A quick search on bankrate.com shows 3.625% with $100 fee. My loca...
by megabad
Mon Jul 01, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: Frontier or Spirit Airlines
Replies: 51
Views: 3009

Re: Frontier or Spirit Airlines

Would I regret selecting either of these carriers for a 4 hour flight across the country? I fly Frontier every once in a while and have no regrets but here are three caveats: 1) Don't be a noob when it comes to fees. Know the fees and either be prepared to pay them without complaint or know how to ...
by megabad
Mon Jul 01, 2019 3:20 pm
Forum: Personal Consumer Issues
Topic: Medicare - nice to see that SOMETHING went down!
Replies: 10
Views: 1356

Re: Medicare - nice to see that SOMETHING went down!

https://www.medicareadvantage.com/resources/medicare-rate-increase-2020 Perhaps this is a bit tangential for this topic, but what is the primary reason for Part C? Admittedly, I don't know much about Medicare since I am not eligible just yet. The only worthy benefit I can find is the OOP max and it...
by megabad
Mon Jul 01, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Lock in 30y Mortgage Rate at 3.875%?
Replies: 56
Views: 4220

Re: Lock in 30y Mortgage Rate at 3.875%?

I am in the process of refinancing to a 30 year @ 3.625 for no cost. You can almost certainly do better than 3.875% if you go through a private brokerage instead of using a bank or credit union. I wish I figured this out years ago, it would have saved me thousands. This. I am seeing 3.5-3.7% intere...
by megabad
Mon Jul 01, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Would we regret buying a 2nd home?
Replies: 90
Views: 7924

Re: Would we regret buying a 2nd home?

I am wondering what other bogleheads have learned in a similar situation and if the maintenance or travel to a second home made it less enjoyable than anticipated. Also, how to get past the fear of spending money we have worked a lifetime accumulating. Thank you in advance for any tidbits of knowle...
by megabad
Mon Jul 01, 2019 2:11 pm
Forum: Personal Investments
Topic: Need asset allocation help
Replies: 13
Views: 387

Re: Need asset allocation help

1. Help! What are your goals? Do you want to travel? Do you want to pass on money the heirs? What does "non-taxable" retirement savings mean? Is this a pre-tax or Roth retirement account? How much will pension be? Is it inflation adjusted? The answers to the questions above could result in a sugges...
by megabad
Mon Jul 01, 2019 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Do you share your net worth with family members?
Replies: 252
Views: 20005

Re: Do you share your net worth with family members?

I shared details with my parents when I was younger. I trust them and sought advice. When spouse's enter the picture, I think it is best to stop sharing details with anyone (other than spouse). Sharing information with parents then would be hypocritical since I would not want to share with inlaws. I...
by megabad
Fri Jun 21, 2019 3:12 pm
Forum: Personal Investments
Topic: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?
Replies: 11
Views: 727

Re: Question on Capital Gains Tax vs Income Tax - does it matter if I cash out now or in retirement?

delamer wrote:
Fri Jun 21, 2019 3:10 pm
If your retirement income is low enough, you might be in the 0% capital gains tax window rather than the 15%.

Here’s the cutoffs: https://www.fool.com/retirement/2018/12 ... -2019.aspx
+1 So yes, it could make a difference. Also could affect NIIT.
by megabad
Thu Jun 20, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Bond dilemma
Replies: 13
Views: 1915

Re: Savings Bond dilemma

.......................................................... If daughter (or another family member) is going to college, instead of reissuing, I would use the Ibonds for qualified education expenses to avoid some of the tax hit as applicable. if daughter is the student, doesn't the mother have to be ...
by megabad
Thu Jun 20, 2019 6:29 pm
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 110
Views: 6483

Re: How to avoid high vet bills?

So my question is, has anyone here found a way to avoid these high fees? I don't think your fees are that bad (maybe a little high but not much) and I think the services seem routine and appropriate. However, I would suggest that some of the vets in my area offer discounts if you go in the middle o...
by megabad
Thu Jun 20, 2019 6:24 pm
Forum: Personal Consumer Issues
Topic: How do I download Spotify to a USB stick to play music in car?
Replies: 10
Views: 1358

Re: How do I download Spotify to a USB stick to play music in car?

Stripping out DRM protection would be illegal and most likely a violation of Spotify TOS. Install Spotify on your smartphone and connect to your car's sound system over bluetooth or a hardwired connection. This is what I do. Works fine. Could probably do this even with a cheap smartphone that wasn'...
by megabad
Thu Jun 20, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3586

Re: HSA - 2 parts: contribute and spend. When to spend?

Let's back up a bit. I am not sure why anything I wrote has convinced you that "it would almost always be wiser to use another plan type (other than HDHP/HSA)". Two scenarios here that maybe led you to that conclusion: 1) You have some medical bills here and there - my considerations are still vali...
by megabad
Thu Jun 20, 2019 5:09 pm
Forum: Personal Investments
Topic: 403b, 457, backdoor Roth, 529’s, then what?
Replies: 7
Views: 417

Re: 403b, 457, backdoor Roth, 529’s, then what?

Boymom wrote:
Thu Jun 20, 2019 5:01 pm
We’re in Virginia. How do I compare the after tax yields on muni bonds?
I usually cite Kevin M on this. See his post here: viewtopic.php?t=248539
by megabad
Thu Jun 20, 2019 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Rollover from Pretax 401k to Roth 401k
Replies: 13
Views: 837

Re: Accidental Rollover from Pretax 401k to Roth 401k

What you are describing is not possible. So it either needs to be corrected by the 401k provider, or you may be mixing up the wording a little. Did you intend to do a conversion? I would review all forms that you filled out and reconvene with Vanguard as there seems to be some miscommunication or m...
by megabad
Thu Jun 20, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Rollover from Pretax 401k to Roth 401k
Replies: 13
Views: 837

Re: Accidental Rollover from Pretax 401k to Roth 401k

Well looks like I botched a rollover. I was trying to move pre tax 401k funds from a former employer into my current employers pre tax 401k with Vanguard, but the rollover was placed in my roth 401k with my current employer. What are the tax implications for this? I called Vanguard and they said th...
by megabad
Thu Jun 20, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy went up 166%
Replies: 34
Views: 3447

Re: Umbrella policy went up 166%

I'm paying about $200/yr for $1m umbrella. What did you do? Oh yes...I forgot that part. :D My 16 year got his license and I have 10 rental properties. The "change," from last year is only the 16 year old getting his license. Which, I'm not sure that requires a $1100 bump in the policy cost. I have...
by megabad
Thu Jun 20, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Bond dilemma
Replies: 13
Views: 1915

Re: Savings Bond dilemma

I have paper savings bonds both EE & I issued in my mother's name with myself as named beneficiary some of which are over 30 years old. She passed away in 2015. I have death certificates. If I want to reissue the bonds in my name with my daughter as my beneficiary I understand those bonds over 30 y...
by megabad
Thu Jun 20, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3586

Re: HSA - 2 parts: contribute and spend. When to spend?

Sure, I agree the decision to use an HSA/HDHP vs PPO/HMO/HRA by far outweighs this decision. But it is silly to say I presented an obscure artificial example. Many people use HSAs. If you use HSAs, then at some point you will withdraw from the HSA. I raised a question about the considerations makin...
by megabad
Thu Jun 20, 2019 4:08 pm
Forum: Personal Investments
Topic: 403b, 457, backdoor Roth, 529’s, then what?
Replies: 7
Views: 417

Re: 403b, 457, backdoor Roth, 529’s, then what?

My issue is worrying we have “too much” money tied up in the market. Why do you feel this way? Does spouse also feel this way? I like the idea of having rentals but we don’t live in a great area to do so. I am traditionally not a fan of remote rental real estate investing outside of short driving d...
by megabad
Thu Jun 20, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Estate help - multi states involved
Replies: 21
Views: 1275

Re: Estate help - multi states involved

There were no trusts or tax shelters. Very hard to believe there were no trusts at all with $10 million in assets. If so, and given you other questions of competency, I would likely get a new legal team or at least get someone to do a second look. Some great advice above. Definitely makes sense wha...
by megabad
Thu Jun 20, 2019 3:44 pm
Forum: Personal Investments
Topic: AA review - With a nod to 2008
Replies: 12
Views: 1460

Re: AA review - With a nod to 2008

Any advice? I'm not sure I agree with your predicted retirement date and necessary portfolio size, but I think you are totally fine allocation wise. I have you needing maybe $2 million and retiring at 55 or 60, but that doesn't include an increased savings rate or spouse's income after you retire s...
by megabad
Thu Jun 20, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3586

Re: HSA - 2 parts: contribute and spend. When to spend?

As for whether an high deductible insurance with an HSA plan is ideal, there are too many considerations within the plans available to answer that question here. But it by far outweighs any other consideration? Hence my comment below. One other comment. The "whole lifecycle of tax costs" is a meaty...
by megabad
Thu Jun 20, 2019 2:58 pm
Forum: Personal Investments
Topic: Asset Allocation Help
Replies: 6
Views: 681

Re: Asset Allocation Help

Proposed Re-balance Taxable: 100% VTSAX Roth: 100% VTSAX Traditional IRA: 50% VTIAX, 50% VTBLX Annuity: 50% VTIAX, 50% VTBLX I think overall allocation is fine, but I might suggest putting some International Stock Index in your taxable despite your comments below. I am a fan of the FTC. Do you have...
by megabad
Thu Jun 20, 2019 2:13 pm
Forum: Personal Investments
Topic: Pay Down Mortgage vs. Investing
Replies: 10
Views: 1742

Re: Pay Down Mortgage vs. Investing

Very interesting reading! Thanks so much for the thoughtful replies. My wife and I have both read the responses and it looks like we will put our extra liquidity into paying down the mortgage. I believe we will be able to do that and still put 15-20% of our income into our retirement account. Can I...
by megabad
Thu Jun 20, 2019 1:49 pm
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 222
Views: 20452

Re: Suggestion for updating "Asking Portfolio Questions" thread

Fixing this could be as easy as changing spacing and putting a crucial instruction in red. I support this. I don't have 30k (or 60k responses) but this makes sense to me and seems pretty minor. Not a huge deal for me though. The few times I respond I can usually back in the overall % pretty quickly...