Search found 1786 matches

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: 686

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: 9
Views: 1311

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: 90
Views: 5000

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: 1261

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: 3387

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: 388

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: 777

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: 777

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: 3341

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: 9
Views: 1311

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: 3387

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: 388

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: 1208

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: 1398

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: 3387

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: 625

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: 1672

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: 218
Views: 19507

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...
by megabad
Thu Jun 20, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3387

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

I am not sure I follow what you don't agree with or where you are paying more/less in taxes. Let's make an example as simple as possible. Assume you already have an HSA with a balance of $10K and you are not maxing out your Roth IRAs. You have a $1K medical bill. Let's evaluate two choices that all...
by megabad
Thu Jun 20, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3387

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

I am not sure I follow what you don't agree with or where you are paying more/less in taxes. Let's make an example as simple as possible. Assume you already have an HSA with a balance of $10K and you are not maxing out your Roth IRAs. You have a $1K medical bill. Let's evaluate two choices that all...
by megabad
Thu Jun 20, 2019 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing to 30 year fixed- which option to take?
Replies: 13
Views: 955

Re: Refinancing to 30 year fixed- which option to take?

Thank you. I went to the Provident website and got a quote. Their quote for 4% with 80% LTV does not include any of the closing costs that would apply. Provident's website says that it could take up to three days just to get an accurate quote from them. Through Aimloan (which has been used by many ...
by megabad
Wed Jun 19, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing to 30 year fixed- which option to take?
Replies: 13
Views: 955

Re: Refinancing to 30 year fixed- which option to take?

Just as a side note, I just ran your exact numbers through another lender assuming max credit (I think 770) and got an 80/20 conventional 30 yr at 4% with roughly the same "closing costs". However, I always hate using that term because it is so ambiguous. If the extra 5% extra down really bother yo...
by megabad
Wed Jun 19, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta
Replies: 74
Views: 5558

Re: Where to Live? N. Orange County, CA or Vancouver, WA or Atlanta

What decision would you make and why? Wherever my family would be better off. Living in Atlanta sounds like the most expensive option once you add in the divorce costs ( :D ) so that is out for me. Otherwise, I would just see what kind of pay increase I could get by moving to Orange County vs Vanco...
by megabad
Wed Jun 19, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Prius vs Prius Prime (plug-in)
Replies: 78
Views: 4122

Re: Low Prius Inventory-change strategy?

Any thoughts or insight? My thoughts are: What's the problem? This is great! Prius sales have been atrocious for years (despite the fact that I think they are good vehicles). The fact that they stock few of them means they are hard to move. To me, this screams easy negotiation. Sounds like a great ...
by megabad
Wed Jun 19, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3387

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

Since many are not maxing out every possible tax-advantaged account, then wouldn't it usually be better to pay the bill from the HSA and invest that amount in the tax-advantaged space because there are less requirements in retirement accounts? I don't agree with this. The megaposts with numbers wer...
by megabad
Wed Jun 19, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Ally bank - missing 2018 statements
Replies: 9
Views: 900

Re: Ally bank - missing 2018 statements

Just as an FYI. My elderly relatives were convinced to move to Ally because they offered free paper statements (or at least they used to). Another option if you want paper (and all that comes with that).
by megabad
Wed Jun 19, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing to 30 year fixed- which option to take?
Replies: 13
Views: 955

Re: Refinancing to 30 year fixed- which option to take?

Just as a side note, I just ran your exact numbers through another lender assuming max credit (I think 770) and got an 80/20 conventional 30 yr at 4% with roughly the same "closing costs". However, I always hate using that term because it is so ambiguous. If the extra 5% extra down really bother you...
by megabad
Wed Jun 19, 2019 11:11 am
Forum: Personal Investments
Topic: Q on rollover choice / backdoor roth
Replies: 3
Views: 146

Re: Q on rollover choice / backdoor roth

I feel like this would be worth it to get Roths, but I second guess it because moving away from Vanguard to more limited options seems like something that's Just Not Done. I'll be the third. I wouldn't second guess rolling the IRA to your 403b for one second if allowed. TIAA is normally regarded as...
by megabad
Wed Jun 19, 2019 11:07 am
Forum: Personal Investments
Topic: How to calculate my ROI?
Replies: 7
Views: 500

Re: How to calculate my ROI?

If you use index funds, you should not need to calculate your own portfolio's performance. I fixed the quote above to my liking. I agree with livesoft that you cannot determine your exact return, but I would question whether it matters if you are truly using an index approach. If tracking error is ...
by megabad
Wed Jun 19, 2019 10:59 am
Forum: Personal Investments
Topic: Cashing out an inherited IRA or not?
Replies: 11
Views: 1116

Re: Cashing out an inherited IRA or not?

I recently purchased a small tract of land to build storage units on. This is a specialty area focusing on boat/RV/general recreational storage. My buildings will be built with this in mind. I have enough cash to build two or three of these buildings. They project to make 15-17% ROI if fully occupi...
by megabad
Wed Jun 19, 2019 9:52 am
Forum: Personal Consumer Issues
Topic: The ultimate Boglehead car [Purchase of storm-damaged car]
Replies: 19
Views: 3345

Re: The ultimate Boglehead car [Purchase of storm-damaged car]

Where I live, we've had some bad hailstorms during the past few summers. I bet I could buy a never-owned "new" pockmarked car at a 30 or 40 percent discount. Thoughts? Well this is the reason car dealers love hail storms. Basically, dealer gets flooded with customers, insurance covers most of the d...
by megabad
Wed Jun 19, 2019 9:43 am
Forum: Personal Investments
Topic: Retirement Ready?
Replies: 38
Views: 4539

Re: Retirement Ready?

Any other thoughts/advice? It sounds like you have a retirement portfolio of $3.6 million. 4% is $144k/yr. I would be a little concerned with your expenses 160k-180k if these are after taxes, but I'm not sure how confident you are in these. 144k before tax is maybe 115k after tax which is quite a b...
by megabad
Wed Jun 19, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: My Cost of Progressive Lenses/glasses - did I pay too much?
Replies: 69
Views: 3774

Re: My Cost of Progressive Lenses/glasses - did I pay too much?

The total I paid (frames and lenses) was about $800 . I think you payed normal retail price. Judging by the way private optical shops discount, if you buy Luxottica lenses, I would say your shop markup is about 100% at full retail. Every optical shop I have been to regularly discounts retail by 20-...
by megabad
Tue Jun 18, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Tax gain harvesting
Replies: 33
Views: 4302

Re: Tax gain harvesting

With all of the discussion around tax loss harvesting over the years on this forum, I'm surprised to see so little discussion around tax gain harvesting. :) I'll buck the trend. Evestor, Your post comes at a timely time when I've been wondering whether I should harvest capital gains for our $2.5 mi...
by megabad
Tue Jun 18, 2019 5:30 pm
Forum: Personal Consumer Issues
Topic: When is it worth complaining about work done at your home
Replies: 9
Views: 1333

Re: When is it worth complaining about work done at your home

In the last year I've had work done at my house by various vendors. Now that time has passed I've noticed small but significant mistakes. For example, I had a glass shower enclosure installed. After using it for a few months water has started leaking beneath the bottom of the enclosure, likely wher...
by megabad
Tue Jun 18, 2019 5:22 pm
Forum: Personal Consumer Issues
Topic: Verizon to Xfinity Mobile for Cell Services
Replies: 13
Views: 871

Re: Verizon to Xfinity Mobile for Cell Services

Has anyone moved form VZW to Xfinity Mobile and what are your experiences? Xfinity claims that they are cheaper and uses the same VZW network. As with my other experiences with Comcast, works great once you get it setup. Pain in the butt to get it setup. Took them forever to figure out which credit...
by megabad
Tue Jun 18, 2019 5:17 pm
Forum: Personal Investments
Topic: Suggestion for updating "Asking Portfolio Questions" thread
Replies: 218
Views: 19507

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...
by megabad
Tue Jun 18, 2019 5:08 pm
Forum: Personal Consumer Issues
Topic: Radon levels in home
Replies: 50
Views: 4208

Re: Radon levels in home

My radon level was around 7.0 pCi/L in my basement. We had an active fan installed in our attic. This pulled radon through a pipe (already installed in the house), from under the basement slab, through a vent out the roof. This installation only cost us $175, in 2013. After the installation of the ...
by megabad
Tue Jun 18, 2019 5:05 pm
Forum: Personal Investments
Topic: After Tax Account Strategy
Replies: 7
Views: 917

Re: After Tax Account Strategy

Do you mind clarifying what you mean by "after tax account" Oh, come on, you know what the OP means by an "after tax account." :oops: I agree with livesoft that it is very much not clear, but I would guess that OP generally means a "taxable" account. Which is very different in my mind than an after...
by megabad
Tue Jun 18, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How to ensure POA is acting in best interest of grantor?
Replies: 65
Views: 3457

Re: How to ensure POA is acting in best interest of grantor?

Other than petitioning the court for records, is there any other good approach to getting this information? Has anyone had any experience trying to get a sibling to provide such info? Did it poison the family relationship forever (as I suspect this might) Yes. This has happened to a distant relativ...
by megabad
Tue Jun 18, 2019 10:51 am
Forum: Investing - Theory, News & General
Topic: A thought on mortgage payoff vs investing
Replies: 27
Views: 2962

Re: A thought on mortgage payoff vs investing

To establish a baseline, let’s assume mortgage is 3-4.5% and all tax advantaged accounts are maxed per year. That all tax advantaged accounts are maxed is a pretty big assumption. I am not sure I have ever seen a post on here about mortgage payoff where this was the case. This is a minimum of $38k ...
by megabad
Tue Jun 18, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Am I a Boglehead?
Replies: 31
Views: 2540

Re: Am I a Boglehead?

Can I call myself a Bogleheads? I’m a big fan of Vanguard and Jack Bogle, but I don’t follow his asset allocation recommendations. My portfolio is 100% Vanguard S&P 500 ETF (VOO). I never sell, just buy more every month. My wife and I plan to live off the dividend income, and pass the portfolio to ...
by megabad
Tue Jun 18, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: HSA - 2 parts: contribute and spend. When to spend?
Replies: 73
Views: 3387

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

Am I looking at this correctly? Anyone see any problems with my logic? I just seem to always hear about the great advantages of HSAs, and they are great, but they involve two separate decisions. Anyone think it is worth it to cut back on Roth or 401K contributions to keep money saved in my HSA? See...
by megabad
Tue Jun 18, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: Mazda extended warranty
Replies: 18
Views: 983

Re: Mazda extended warranty

I am considering getting an extended warranty for a 2019 Mazda CX-5 that I plan to purchase soon. In the past I've had good luck shopping for Toyota and Audi extended warranties from Toyota/Audi dealerships that are not necessarily local. Can folks who have bought a Mazda CX-5 warranty from a Mazda...
by megabad
Tue Jun 18, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: How safe are pensions in the U.S.?
Replies: 86
Views: 8467

Re: How safe are pensions in the U.S.?

I would not value a pension of #6 type ¨fully¨ at any age! Pensioners (including those in their 60s, 70s, 80s, and more already collecting benefits) from a local hospital got their pensions abruptly cut with just a few months notice last fall. Those over 62 had checks reduced. Younger were cut to z...
by megabad
Mon Jun 17, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: Is it a waste of money having heat pump checked every year?
Replies: 7
Views: 1088

Re: Is it a waste of money having heat pump checked every year?

Yearly maintenance should include cleaning the coils outside where the compressor is located and also the evaporator coils in the air handler. It is an easy DIY job, if you are paying for annual maintenance and this is not performed drop the service. +1 on this. Otherwise complete waste of money in...
by megabad
Mon Jun 17, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Freezing Credit issues
Replies: 8
Views: 795

Re: Freezing Credit issues

I am a full grown adult much older than 18 and regularly fail these "quizzes" from credit agencies. I just try again later and usually get different questions. Each one has different info on me so the answers are different for each. Some of it is nonsensical as well (the words got cut off in their r...
by megabad
Mon Jun 17, 2019 3:49 pm
Forum: Investing - Theory, News & General
Topic: Bonds question
Replies: 19
Views: 1481

Re: Bonds question

Wow that's a great answer! However, isn't there a deeper outlook? Why are the bond investors thinking the interest will go down? Surely, they have some evaluation of the market... and i suspect it will be based on some data like Buffet indicator and Schiller p/e? Typically, predictions of falling i...
by megabad
Mon Jun 17, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads vs Hedgefunds [or vs. venture capital]
Replies: 33
Views: 2382

Re: Bogleheads vs Venture Capital

So previous post has been about hedge funds. I think I meant venture capital. Venture capital could be seen as anyone trying to create an industry, or disrupt another. What do bogleheads think about venture capitalists? I think many of the responses to affinity for any form of PE investing would be...
by megabad
Fri Jun 14, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 4085

Re: 50 or 75 gallon water heater?

I had a 50 gallon gas water heater in our last house. With two people taking showers simultaneously, the hot water ran out very quickly. 75 is the only choice in your case. 50 gallon replacement was $1600 about 2 years ago from the most expensive big name plumber (with the TV ads). I went with a loc...