Search found 844 matches

by megabad
Mon Jan 14, 2019 7:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's The Planner and the Geek Podcast Opinions?
Replies: 4
Views: 427

Vanguard's The Planner and the Geek Podcast Opinions?

Hello All. For various reasons, I would like to ask the forum for opinions on the Vanguard Podcast "The Planner and the Geek". If you are not familiar please see Itunes link here: https://itunes.apple.com/us/podcast/the-planner-and-the-geek/id1358335676?mt=2 In short, it is a brief podcast featuring...
by megabad
Mon Jan 14, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Winter Getaway adventure trip recommendations
Replies: 13
Views: 762

Re: Winter Getaway adventure trip recommendations

Based on your desired activities, I would likely land on Arizona, Southern Cal, or Texas. I actually love Texas in the winter. My college roommate lives in Dallas and there are at least 3 amazing mountain bike areas close by that I go every time I visit.
by megabad
Mon Jan 14, 2019 6:54 pm
Forum: Personal Consumer Issues
Topic: Large SUV
Replies: 75
Views: 6407

Re: Large SUV

...Hyundai Palisade... ...Trying to stay in the same price range as the Honda Odyssey... ...Others were Honda Pilot, Subaru ascent, Toyota high lander... Any recommendations from you all? Lol. I was planning on recommending an actual "large SUV" like a Sequoia or an Armada (both great imo btw). The...
by megabad
Mon Jan 14, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Mowing Business
Replies: 11
Views: 1791

Re: Mowing Business

I have a friend who has mowed a lot of yards over the years in addition to being a teacher. He is about to have a baby and will not have time to keep up with all the duties anymore, so he is looking to hire a part time employee. How does he go about this? The part time employee will need to drive h...
by megabad
Mon Jan 14, 2019 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Alternatives to Permanent Life Insurance
Replies: 8
Views: 429

Re: Alternatives to Permanent Life Insurance

To start, let me say that I've read a lot of reviews of permanent insurance, read the White Coat Investor's site, etc. and understand that the consensus is strongly against permanent life insurance. Feel free to rip on those products as much as necessary, but my goal here is to find some alternativ...
by megabad
Mon Jan 14, 2019 6:14 pm
Forum: Investing - Help with Personal Investments
Topic: Acitvely managed funds -> index funds
Replies: 9
Views: 1360

Re: Acitvely managed funds -> index funds

Do you think it would make sense to wait to sell until the end of the year when all the gains become long-term? I have about 3K in short-term capital gains right now. I turned off automatic dividend and capital gain reinvestments in Vanguard so no new money will go into these funds. It may or may n...
by megabad
Mon Jan 14, 2019 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Preservation of capital at Age 93
Replies: 26
Views: 3152

Re: Preservation of capital at Age 93

Since you have already realized the losses/gains on your taxable account, I would just stick with your plan. Sometimes the simple and comfortable route is the way to go. At least that is how I would feel if I was blessed to be alive and well for 93 years. After 93 years of complexity, just keep it s...
by megabad
Mon Jan 14, 2019 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Riskier 5 Year Investment Reco?
Replies: 5
Views: 364

Re: Riskier 5 Year Investment Reco?

You state that you don't need this particular money in 5 years (for your house purchase). If this is true, than the actual time horizon matters. If it is long term investing than I would almost certainly invest in equities of some kind. If you truly view it as only a "bonus" and it is not truly need...
by megabad
Mon Jan 14, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the 0.1%
Replies: 31
Views: 4314

Re: Asset Allocation of the 0.1%

How would wealthy families cross-shop or evaluate “Family Offices” though? How would a boglehead train their heirs and/or board members of a family foundation to properly assess and vet these outfits? Seems very Godfather Part III to me when looking at the wikipedia graphic below. They would evalua...
by megabad
Mon Jan 14, 2019 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: To buy new home or not
Replies: 17
Views: 1162

Re: To buy new home or not

Main QUESTION: Should we get this place? Or should we wait for another 4-5 years and see what happens? You seem to have primary needs covered with the current place. You seem to have enough room and you are in the school district you want to be in. These are the two most important goals. You seem t...
by megabad
Mon Jan 14, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: [Roth conversions]
Replies: 7
Views: 502

Re: [Roth conversions]

First post; long time lurker (2+years). I recently had a review with my financial advisor. Wife and I, both retired ages 65, have been doing Roth conversions up to first IRMAA level and paying taxes out of a small after tax account. Received advice from him about a colleague who will be converting ...
by megabad
Mon Jan 14, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Money Market Account - tell me about your experience
Replies: 15
Views: 1333

Re: Ally Money Market Account - tell me about your experience

$1000 balance would net you $20 in interest per yr give or take. TLDR thread. Just move it to any institution that doesn't charge you a monthly fee of which there are many (ie. any credit union). Personally, I prefer to have at least one local brick and mortar account for emergencies. I also have a ...
by megabad
Mon Jan 14, 2019 3:10 pm
Forum: Investing - Theory, News & General
Topic: Super Short Term Bond Risks
Replies: 16
Views: 1404

Re: Super Short Term Bond Risks

So VUBFX (Ultra Short Term Bond) might essentially be more risky than VBISX (Short Term Bond) when it comes to credit risk. Yes, it is. This is the primary reason Ultrashort is at roughly the same SEC yield as Short Term despite a duration that is almost 2 years less. You will have to decide whethe...
by megabad
Mon Jan 14, 2019 2:57 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation of the 0.1%
Replies: 31
Views: 4314

Re: Asset Allocation of the 0.1%

>> Commodities have a place, the vehicle makes the difference. For some investors "commodities" are sometimes simply a byproduct of other investments. Oil/NG is the primary example that comes to mind. If you are a mid sized oil producer, you always have some unsold crude and your inventory fluctuat...
by megabad
Mon Jan 14, 2019 2:42 pm
Forum: Investing - Theory, News & General
Topic: GMO's 7‐Year Asset Class Real Return Forecasts
Replies: 29
Views: 1843

Re: GMO's 7‐Year Asset Class Real Return Forecasts

Tycoon wrote:
Mon Jan 14, 2019 2:12 pm
What did the GMO predict on January 31, 2008?
Just for posterity sake. Nominal 2% was GMO predicted for S&P500 I think. Missed it by a factor of 3 or so.

I am willing to venture my long term prediction is that GMO will be wrong again.
by megabad
Mon Jan 14, 2019 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Does order of 401k contributions matter?
Replies: 5
Views: 789

Re: Does order of 401k contributions matter?

Found that my 401k allows after tax contributions and in-service withdrawals. But they charge a material amount for each in service withdrawal. I get my annual bonus in March and am trying to max out the after tax withdrawal on that check so that I can do a single in service withdrawal for the year...
by megabad
Mon Jan 14, 2019 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio HELP - time to stop the bleeding from AUM fee
Replies: 34
Views: 2378

Re: Portfolio HELP - time to stop the bleeding from AUM fee

Thanks again everyone for all of the valuable feedback! Does anyone have any further feedback after seeing the unrealized capital gain/loss for each fund contained within the AUM taxable account? Donate to DAF as suggested above if you are charitably inclined at all or if you ever will be in the fu...
by megabad
Fri Dec 07, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: IRA deduction - Tax planning
Replies: 4
Views: 338

Re: IRA deduction - Tax planning

Doing some eoy tax planning for 2018 married, both of us are 60 Retired Life primarily on investments income About 7k net from a small business my wife owns. We could use any and all need deductions to stave off the ACA Cliff. Plan on funding HSA to about $6400. Wondering how much can I take for IR...
by megabad
Fri Dec 07, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Non-qualified Roth 401K rollover
Replies: 4
Views: 255

Re: Non-qualified Roth 401K rollover

A rollover of a Roth distribution is neither qualified nor non-qualified. Separate code (H) on 1099R. The "5 year rule" does not seem to apply. Roth IRA was held for >5 years so you are good in the future (where the rule might have applied).
by megabad
Thu Dec 06, 2018 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Managing my own portfolio
Replies: 20
Views: 2349

Re: Managing my own portfolio

Duckie's post is great. A little possible tweak, I might hold a little more international in your taxable. I know it seems like a small credit, but you can get up to $600 in FITC for basically no work (once you get over that, you have to fill out a little form and calculate some things). I am cheap ...
by megabad
Thu Dec 06, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Using options in a retirement portfolio
Replies: 27
Views: 1441

Re: Using options in a retirement portfolio

So? Sure, it is true statement of fact. If I invest in a money market fund I am investing in short term contracts that are being constantly rolled over as well? Is that not investing? If I invest in the market using rolling equity futures and get equivalent results, why does it matter? It is invest...
by megabad
Thu Dec 06, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Probate after-action report: Oregon
Replies: 7
Views: 893

Re: Probate after-action report: Oregon

I agree very cool to see your specific experience, thanks for posting. You are a very nice person distributing the joint account to grandchildren. I assume this was a small amount so no matter but technically since this was a joint account, you have gifted your own money to grandchildren. This is li...
by megabad
Thu Dec 06, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Considering residential real estate investment
Replies: 74
Views: 5347

Re: Considering residential real estate investment

I'm considering purchasing a condominium with cash in a college town (professional area, not college kids) that costs $200,000 (including cost for renovations). The property would be valued around $230,000 after renovations. I would like to then rent the property for a steady source of income. I am...
by megabad
Thu Dec 06, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Using options in a retirement portfolio
Replies: 27
Views: 1441

Re: Using options in a retirement portfolio

I no more need to have a opinion on the short term performance of the stock market to invest in the stock market than I need to buy a put. Investing in options requires you to exercise a short term position contractually. Investing in the equity market does not have a contractual term (barring spec...
by megabad
Thu Dec 06, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Why Retirement Is Broken And Needs To Be Reinvented
Replies: 174
Views: 12431

Re: Why Retirement Is Broken And Needs To Be Reinvented

Thanks for the post Rick. While I am not sure if "Retirement is Broken" or if the solutions mentioned are the right ones, I do second the importance of education. Unfortunately, it is the basics that I find most important, not necessarily "personal finance" education. We have huge portions of the ad...
by megabad
Thu Dec 06, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Is the division of international markets into "developed" and "emerging" meaningful?
Replies: 16
Views: 1423

Re: Is the division of international markets into "developed" and "emerging" meaningful?

Is the division of international markets into "developed" and "emerging" meaningful? I charted them and they seem to be highly correlated. The two biggest countries in the emerging market index are China and Taiwan. Is it meaningful to say they are emerging? "Emerging" does not describe the return ...
by megabad
Thu Dec 06, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Using options in a retirement portfolio
Replies: 27
Views: 1441

Re: Using options in a retirement portfolio

And all of this can be done without having a opinion about the short term movements of the market. Can it? How do you buy/sell a put without a cost and a duration? What should the put be worth? If you believe in the value of equity investing, statistically across the entire market and in the ultra ...
by megabad
Thu Dec 06, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Gain and Tax Loss Harvesting
Replies: 10
Views: 797

Re: Capital Gain and Tax Loss Harvesting

Capital losses carry over forever, and in addition you can carry over 3k to apply against ordinary income, so you can’t waste a loss. The OP has a capital gain that falls in the 0% capital gain bracket. A capital loss must first offset capital gains before it can be applied against ordinary income,...
by megabad
Thu Dec 06, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to buy on the dip today didn't workout
Replies: 44
Views: 6034

Re: Wanting to buy on the dip today didn't workout

Sell the taxable account anyway, and fund the Roth with an outside contribution today. I do the latter part each month on the 15th in our account. T+2 trade settlement is industry (federally regulated) standard. It's not Vanguard's fault at all. It was T+3 just a couple years ago. I would think if ...
by megabad
Thu Dec 06, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: [non-US] 7/8 VWRD + 1/8 WSML = VT
Replies: 3
Views: 239

Re: [non-US] 7/8 VWRD + 1/8 WSML = VT

VT - Vanguard Total World Stock ETF
VWRD - Vanguard FTSE All World ETF
WSML - iShares MSCI World Small Cap ETF
by megabad
Thu Dec 06, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Fidelity IRA to Vanguard IRA -- Does Current Allocation Seem Okay?
Replies: 10
Views: 676

Re: Transferring Fidelity IRA to Vanguard IRA -- Does Current Allocation Seem Okay?

I've had a Roth IRA with Vanguard for a few years and want to transfer all my money from a Fidelity Roth IRA into it. I've been reading articles about which Vanguard funds are the best to invest in because I figured I'd pick some new ones when transferring the money over. The only suggestion I've s...
by megabad
Thu Dec 06, 2018 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help needed with contribution limits
Replies: 5
Views: 402

Re: Help needed with contribution limits

For 2019: 1) *Total contributions to hospital 401a and university 401a not greater than 56,000 combined. 2) Total contributions to hospital 403b not greater than 56,000. 3) Total contributions to university 457 not greater than 56,000. 4) IRA limit 6k. *Note: I assume 401a contributions are mandato...
by megabad
Thu Dec 06, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1568

Re: Young professionals in CA - $80K Roth conversion?

It could certainly be a big deal or bigger than the reverse situation. If you do not have enough saved and you pay more in tax, you may be more likely to deplete your assets more quickly than you would have otherwise. Just because you have "a lot" of money the day you retire doesn't mean you will h...
by megabad
Thu Dec 06, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Do I have a rebate, subsidy, savings for you!
Replies: 23
Views: 2046

Re: Do I have a rebate, subsidy, savings for you!

Does anybody else notice the change in the business models of today verses years-ago? Today, most large purchases are based on your income or your negotiation skills. What happen to the good old days? Cars: Remember when you went to the car dealer and saw the list price and negotiated a few hundred...
by megabad
Thu Dec 06, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Portable Bluetooth Speaker Recommendations (loud and good sound quality)
Replies: 33
Views: 2010

Re: Portable Bluetooth Speaker Recommendations (loud and good sound quality)

Ok so here's the deal, the most annoying thing about a lot of bluetooth speakers is that I have to get up and turn them in a large open area when I am moving around (say a pool or a garage gym) or they sound like butt. Even the loud ones. For this reason, my UE megaboom blows directional speakers ou...
by megabad
Thu Dec 06, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Can I classify this as deferred revenue somehow?
Replies: 6
Views: 684

Re: Can I classify this as deferred revenue somehow?

The way you have worded your proposal, it sounds illegal in my non-lawyer opinion (seek professional advice). You typically want to make plans for business tax efficiency before you have a tax issue, not after. If you use cash accounting methods, you can negotiate with customers to ensure that busin...
by megabad
Thu Dec 06, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Realize Losses vs Pay More Taxes
Replies: 7
Views: 710

Re: Realize Losses vs Pay More Taxes

This is a complicated question with a complicated answer. The above responses are correct in that a paper loss does not necessarily have any significant affect on your portfolio (if you instantly reinvest). What matters is when you actually spend the money. If your accountant is a good one, he/she m...
by megabad
Thu Dec 06, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Tax withholding for Roth Conversion
Replies: 11
Views: 1051

Re: Tax withholding for Roth Conversion

As above, you will need to run through 2210 to determine what you should do. A Q4 estimated tax payment may or may not prevent an underpayment penalty. Remember that you must have paid enough each "quarter", not just in the last. For most, the most surefire way to safely avoid underpayment is overwi...
by megabad
Thu Dec 06, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation & Re-balancing
Replies: 5
Views: 381

Re: Asset Allocation & Re-balancing

I like to keep the 3 families because of well - diversification - for the same reasons we diversify within our own investing. Also some of these are from inheritances, the fund is performing well, and if I consolidate and do an in-kind transfer then there's fees to purchase more, if Liquidate then ...
by megabad
Thu Dec 06, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Executive order on RMDs and tables
Replies: 1
Views: 524

Re: Executive order on RMDs and tables

I think the projection was for this to take 6 months or so to study. That would be delivery of results sometime early next year. It is my unprofessional legal opinion that you are correct in that the only thing this could accomplish without legislative action is a simple adjustment of the Life Expec...
by megabad
Thu Dec 06, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Help needed with contribution limits
Replies: 5
Views: 402

Re: Help needed with contribution limits

I am currently working in a hospital and have another appointment through the university. So, I have 2 jobs with the hospital one being the main job. The hospital side has a 6% match into a 401a (hospital contributes to 401a and 6% of my salary is mandatory into a 403b). I was told I can have a sep...
by megabad
Thu Dec 06, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Should We Sell Our RSU Stocks?
Replies: 6
Views: 549

Re: Should We Sell Our RSU Stocks?

Hi Bogleheads! Long time snooper and first time poster! I am looking for advice on selling our RSU stocks..We currently have about 60k in a stock that has a dividend yeild of 2.2% Husband is 34 I am 30yo SAHM, one child (2 years old) We have about 100k in 401k 50k in ROTH IRA's 6k in 529 Fully Fund...
by megabad
Thu Dec 06, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advisor suggesting 90/10
Replies: 41
Views: 3189

Re: Vanguard advisor suggesting 90/10

Just out of curiosity, have you discussed your concerns with Vanguard PAS? What was the response? Did you ask them about possibly leaning a little more conservative? If we are only talking about the long term portion of your portfolio, 90/10 fits within the range of reasonable based on most Modern P...
by megabad
Thu Dec 06, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Unemployed, questions about personal investing situation.
Replies: 13
Views: 1427

Re: Unemployed, questions about personal investing situation.

Hello, I have some questions about my personal investing situation. I am 31 and recently sold a business after 12 years, therefore I am unemployed and considering going to college (no previous higher education). I would prefer to remain unemployed while in school, and to pay for school in cash. Tha...
by megabad
Thu Dec 06, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: Is a 5-year CD closer in behavior to TIPS or IT?
Replies: 6
Views: 573

Re: Is a 5-year CD closer in behavior to TIPS or IT?

...I have access to a 5-year CD at 3.5% with a two month EWP...I know it isn't truly either, but for the sake of mental accounting, would you think of that CD money more in the Real or Nominal section of Fixed Income? I really don't understand. It seems crystal clear. If it doesn't have "CPI" in th...
by megabad
Thu Dec 06, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12070

Re: 20M Inheritance - What is best option for small/no risk on principle?

Looking at CD's which seem like I would have to do a CDARS network. I've seen banks offering 3.4-3.6% on 5 year cd's now which I figured if I'm not paying a 1% management fee is pretty great for no risk on the actual principle. Any other options worth looking into? I don't really see the point of C...
by megabad
Thu Dec 06, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1568

Re: Young professionals in CA - $80K Roth conversion?

Agree with the 1st sentence. I don't follow the rest. Tax is not a choice (like charity). Paying tax at 75 or 80 is no different than paying tax today. The only thing that matters is the difference between marginal rate today and marginal rate upon withdrawal. This can lead you to either conclusion...
by megabad
Wed Dec 05, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: Toyota Camry Hybrid and Extended Warranty
Replies: 15
Views: 1092

Re: Toyota Camry Hybrid and Extended Warranty

I bought the first generation Camry Hybrid(2007). I paid for a warranty because of the hybrid battery. Never needed it. If you can afford the battery replacement, forget the extended warranty. Logical, but... We sold a 2009 Fusion Hybrid in May after just under 9 years of usage and about 80,000 mil...
by megabad
Wed Dec 05, 2018 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1568

Re: Young professionals in CA - $80K Roth conversion?

We can't know the future. Do the things that are more likely to get you to a big pile when you are 75/80. Paying a bunch of tax young is not the path. Let's flip it around and say you want to be a big giver when you are older and have a big pile of money to roll around on. Why not start giving mone...
by megabad
Wed Dec 05, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Young professionals in CA - $80K Roth conversion?
Replies: 25
Views: 1568

Re: Young professionals in CA - $80K Roth conversion?

I'll be the contrarian here, but I don't feel that strongly. In your case in the 24% bracket, I would probably convert. You imply you may be in 32% soon and for a while. Per current law, the fed tax rate will be higher in the mid 2020s. The only thing that gives me pause is your state taxes, but you...