Search found 2972 matches

by Triple digit golfer
Thu Dec 13, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: Impressed with Ally's Customer Service (via phone)
Replies: 4
Views: 337

Re: Impressed with Ally's Customer Service (via phone)

Capital One. They are great over the phone. I called to ask if I can upgrade my credit card to Quicksilver to earn 1.5% cash back. I was off the phone in less than 5 minutes and new cards are on the way. I had a good experience on the phone with them in the past as well when setting up my daughter's...
by Triple digit golfer
Wed Dec 12, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: [Anyone drop cable for YouTube TV?]
Replies: 61
Views: 3323

Re: [Anyone drop cable for YouTube TV?]

I currently use PlayStation Vue but would like to switch to YouTube TV. Does it support the Amazon Fire TV?
by Triple digit golfer
Wed Dec 05, 2018 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Best online banking accounts?
Replies: 35
Views: 3481

Re: Best online banking accounts?

I have been using Ally savings and checking for almost a decade and I am very satisfied. I have also had a couple CDs throughout the years as well and have been happy with them as well.
by Triple digit golfer
Tue Dec 04, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Home Down Payment - Where to Save?
Replies: 22
Views: 1999

Re: Home Down Payment - Where to Save?

Put it in an Ally Savings account. 2.00% APY and FDIC insured. The difference between this and money market funds is so minimal, why even bother with them? If you are not okay with losing money on this, do not invest in equities. Even 20% of your $80k in equities can lose $8,000 in a 50% market down...
by Triple digit golfer
Tue Dec 04, 2018 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: To add an international fund or not?
Replies: 21
Views: 1732

Re: To add an international fund or not?

Whether the U.S. market has enough international exposure or not, why exlude companies like Shell, Nestle, Samsung, Toyota, HSBC, Mitsubishi and Unilever? They are large, global companies.
by Triple digit golfer
Mon Dec 03, 2018 9:01 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

Thanks! My goal is 20% pre tax but I don't have the ability to contribute much to a 401k, hence my desire to equate tax free vs taxable vs tax deferred. Given that, contributing 1) as much as you are allowed to the 401k, then 2) as much as you are allowed to Roth accounts, and finally 3) as much as...
by Triple digit golfer
Mon Dec 03, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

My mistake. I will correct it. Thank you. Great. I wasn't sure I wasn't missing something myself. Given the new calculations, I think you've found that, to the best of your abilities to forecast given the uncertainties involved, investing $18k after tax may well be fairly equivalent to $20k pre-tax...
by Triple digit golfer
Mon Dec 03, 2018 8:03 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

If my math is right, a $1,000 investment held for 20 years would look like this upon withdrawal, assuming 27% combined federal + state tax rates and 15% LTCG rate: Tax-free (Roth): $1,000 x 1.06^20 = $3,207 Tax-deferred (401k): $1,000 x 1.06^20 x 0.80 = $2,566 (0.80 for 15% federal and 5% state ord...
by Triple digit golfer
Mon Dec 03, 2018 5:20 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

My mistake. I will correct it. Thank you. Great. I wasn't sure I wasn't missing something myself. Given the new calculations, I think you've found that, to the best of your abilities to forecast given the uncertainties involved, investing $18k after tax may well be fairly equivalent to $20k pre-tax...
by Triple digit golfer
Mon Dec 03, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

All - my third post in the thread has been corrected.
by Triple digit golfer
Mon Dec 03, 2018 4:17 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

Thank you. That's very helpful. I am going to ignore Social Security for now. If my math is right, a $1,000 investment held for 20 years would look like this upon withdrawal, assuming 27% combined federal + state tax rates and 15% LTCG rate: Tax-free (Roth): $1,000 x 1.06^20 = $3,207 Tax-deferred (...
by Triple digit golfer
Mon Dec 03, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Re: Comparison of tax deferred vs.taxable investments

There is a discussion on the wiki: Tax-adjusted asset allocation In your situation, it looks like you want to determine the after-tax value of your accounts. Here's how I would do this: In a Roth account, every dollar invested is worth $1 tax-free plus all growth. This is the simplest case, so ever...
by Triple digit golfer
Sun Dec 02, 2018 8:34 pm
Forum: Investing - Theory, News & General
Topic: Comparison of tax deferred vs.taxable investments
Replies: 15
Views: 1096

Comparison of tax deferred vs.taxable investments

I am trying to determine what the apples to apples comparison would be between tax deferred and taxable investments. i.e. put $X in taxable now to equal $1,000 in 401k now. Assume the money is for retirement 22% federal tax rate, 5% state tax rate Annual 2% yield, 4% growth for 6% total return Withd...
by Triple digit golfer
Sun Dec 02, 2018 8:04 pm
Forum: Personal Consumer Issues
Topic: Target gift cards 10% off today only
Replies: 11
Views: 1490

Target gift cards 10% off today only

Target gift cards up to $300 are 10% off today only. An easy way for Target shoppers to make $30. Only $15 if you regularly use the Red Card with 5% off, but still easy cash.
by Triple digit golfer
Sun Dec 02, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Changing asset allocation when saving for big expenses?
Replies: 10
Views: 977

Re: Changing asset allocation when saving for big expenses?

Deduct the amounts you plan to use for non retirement from your portfolio and then calculate your stock/bond ratio from what's left. That's the part that should be 67/33. The new 63/37 includes a component that should be measured in dollars, not percentages, so the overall ratio is therefore essenti...
by Triple digit golfer
Sun Dec 02, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market completion fund - S&P 500 index with Russell 2000 good enough?
Replies: 25
Views: 1595

Re: Total Stock Market completion fund - S&P 500 index with Russell 2000 good enough?

Sure. That'll get you nice and close. I personally just use the S&P500 index in my 401k because a total market index is not available. In my other accounts I use total market funds. Again, close enough. The 500 index is about 85% of the U.S. market and very reflective of the market as a whole. It is...
by Triple digit golfer
Sun Dec 02, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Hi yield savings yield question
Replies: 11
Views: 1083

Re: Hi yield savings yield question

I have been using Ally for eight or nine years and highly recommend their savings account. They don't use introductory rates and then later screw you. In fact, I am pretty sure that most online banks give the same rate for existing and new customers.
by Triple digit golfer
Sat Dec 01, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Stuck with Wells Fargo 401k: What to do?
Replies: 23
Views: 1436

Re: Stuck with Wells Fargo 401k: What to do?

Those options look good to me. Use the target date funds there, in your Roth and in your old 401k. Simple and requires absolutely no thinking or tinkering and you'll have a better, more diversified, cheaper portfolio than most investors. I would love to have target date funds across all accounts.
by Triple digit golfer
Sat Dec 01, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: What is the lowest 'safe' emergency fund we should have?
Replies: 40
Views: 3853

Re: What is the lowest 'safe' emergency fund we should have?

In fact being debt free and having a large taxable account, quickly accessible without tax or penalty, you might not need a dedicated "emergency fund" at all. I'm glad to hear the rest of your post and that 3 months may seem logical, but I have a question about this last part you wrote. In most cas...
by Triple digit golfer
Sat Dec 01, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: What is the lowest 'safe' emergency fund we should have?
Replies: 40
Views: 3853

Re: What is the lowest 'safe' emergency fund we should have?

In fact being debt free and having a large taxable account, quickly accessible without tax or penalty, you might not need a dedicated "emergency fund" at all. I'm glad to hear the rest of your post and that 3 months may seem logical, but I have a question about this last part you wrote. In most cas...
by Triple digit golfer
Sat Dec 01, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand money market mutual funds
Replies: 7
Views: 877

Re: Help me understand money market mutual funds

Thank you both for the responses.

Nisiprius - thanks for sharing the history lesson and personal story. My dad, who is 60, always talks about how my grandfather "laughed all the way to the bank" because he earned far more in a savings account than his mortgage rate.
by Triple digit golfer
Sat Dec 01, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: What fees are reasonable/competitive for a 403(b)?
Replies: 18
Views: 998

Re: What fees are reasonable/competitive for a 403(b)?

mhalley wrote:
Fri Nov 30, 2018 9:21 pm
a rule of thumb is that it is better to invest in a retirement account than taxable if the fees are lower than 1.7%
Interesting. What are the assumptions and logic for the 1.7%? Is this for tax deferred only or also tax free?
by Triple digit golfer
Sat Dec 01, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand money market mutual funds
Replies: 7
Views: 877

Help me understand money market mutual funds

What exactly is a money market mutual fund? What's the difference between Vanguard Prime and Federal money market funds? Why would anybody favor one over a simple high yield savings account? Rates for many of the last several years have been just a few basis points. Just trying to understand. Is the...
by Triple digit golfer
Sat Dec 01, 2018 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Down payment for a house or investing the money?
Replies: 15
Views: 1023

Re: Down payment for a house or investing the money?

munemaker wrote:
Sat Dec 01, 2018 12:14 am
Personal, I would not invest borrowed money in the stock market.
Are you saying that you would not invest until your home is paid off?
by Triple digit golfer
Wed Nov 28, 2018 11:37 pm
Forum: Investing - Theory, News & General
Topic: IRA vs Taxable account
Replies: 7
Views: 669

Re: IRA vs Taxable account

The part you're missing is that while withdrawals of a traditional IRA are taxed at ordinary income rates, contributions and earnings are never taxed. In your taxable account, you will pay ordinary income on your contributions (by virtue of them not being deductible) and a capital gains rate on divi...
by Triple digit golfer
Wed Nov 28, 2018 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Investing all at once vs dollar cost averaging?
Replies: 39
Views: 2548

Re: Investing all at once vs dollar cost averaging?

1. Here's what I would do. Put half in now and the other half in equal installments over whatever dollar cost average time period you were considering. It's a perfect compromise. The other option I think is a good compromise is cutting your DCA period in half. If you planned on 12 months, do it in 6...
by Triple digit golfer
Wed Nov 28, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Are CDs taxed each year or at maturity?
Replies: 15
Views: 1990

Re: Are CDs taxed each year or at maturity?

My experience is each year with all CDs I've ever owned. I currently have a 5 year CD maturing in January and I've paid each year.
by Triple digit golfer
Wed Nov 28, 2018 3:21 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads Greatest Hits
Replies: 27
Views: 3654

Re: Bogleheads Greatest Hits

Nisiprius for reality and rational, logical, unbiased thoughts. Livesoft for outside the box ideas and a ton of logic with a dash of humor. Retiredjg for simple, constructive advice on portfolio set up. In particular she has been so helpful to me personally. Taylor for bringing us back to basics and...
by Triple digit golfer
Wed Nov 28, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Pay extra into mortgage or invest, considering Trump's tax plan ?
Replies: 29
Views: 2237

Re: Pay extra into mortgage or invest, considering Trump's tax plan ?

OP, Your house is 470K. You have 200K to 300K outside the house. You are "House Poor" asset wise. So, why do you think it is safe to double down and put more money (50K) into the house? KlangFool You're absolutely right, we are house poor. The only reason I asked the questions is because I'm concer...
by Triple digit golfer
Wed Nov 28, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you direct Stock Index Capital Gains and Dividends
Replies: 20
Views: 1820

Re: Where do you direct Stock Index Capital Gains and Dividends

I am 33 and in the accumulation phase. I reinvest all automatically. Sure, there are more tax lots, but the funds I use distribute dividends 4x per year. Even in a 30 year span that's only 120 tax lots. No big deal. When I sell, I will simply sort them from highest loss and sell those first in order...
by Triple digit golfer
Wed Nov 28, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio check-up and a few questions
Replies: 5
Views: 693

Re: Portfolio check-up and a few questions

UPDATE: I decided that I am going to keep this simple rather than try to complicate things for a small additional return or small tax savings, agonizing over the minutia that probably doesn't have much of an impact anyway. I'm going to keep $40,000 (just a number I'm comfortable with, around 7 month...
by Triple digit golfer
Sun Nov 25, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio check-up and a few questions
Replies: 5
Views: 693

Re: Portfolio check-up and a few questions

2, 3 and 4. As your question #4 points out, if you sell the same fund in one account and buy in another it's a wash and no gains or losses occurred. The same can work for you in this case. You could, for example, buy CD's in an IRA and stock in the taxable account. Stocks bottom out and you need th...
by Triple digit golfer
Sun Nov 25, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio check-up and a few questions
Replies: 5
Views: 693

Re: Portfolio check-up and a few questions

Anybody care to tackle this wall of information? :D
by Triple digit golfer
Sun Nov 25, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Average cost for behaviorally challenged
Replies: 10
Views: 1468

Re: Average cost for behaviorally challenged

Can't you change cost basis method when selling anyway?
by Triple digit golfer
Sun Nov 25, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Suggestions - Nov 1, 2018
Replies: 10
Views: 942

Re: Tax Loss Harvesting Suggestions - Nov 1, 2018

Doesn't tax loss harvesting reduce the basis, thereby increasing the gain that will be realized at a later date? I don't intend to realize my capital gains until retirement, when I expect all my capital gains will be taxed at the 0% rate (assuming there are no changes to the taxation of capital gai...
by Triple digit golfer
Sun Nov 25, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 23
Views: 4887

Re: Hold bonds in taxable or tax-deferred accounts? I am confused

The more I read about the topic the more confusing it is. Should bonds/bond index funds be held in taxable or tax-deferred accounts. collin: To answer your question, the best (and most readable) study I have seen was by Professor William Reichenstein who came to this conclusion: FOR PASSIVE INVESTO...
by Triple digit golfer
Sat Nov 24, 2018 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Suggestions - Nov 1, 2018
Replies: 10
Views: 942

Re: Tax Loss Harvesting Suggestions - Nov 1, 2018

Doesn't tax loss harvesting reduce the basis, thereby increasing the gain that will be realized at a later date? Say I buy 1,000 shares at $30 and then TLH when it goes down to $27 per share. I have a $3,000 loss and in the 22% tax bracket, realize a tax savings of $660. Now my basis is $27. In ten ...
by Triple digit golfer
Sat Nov 24, 2018 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio check-up and a few questions
Replies: 5
Views: 693

Portfolio check-up and a few questions

Emergency funds: Covered by taxable account - more to follow below Debt: $325k remaining on 30 year fixed rate mortgage at 3.50%. 28 years remaining, but currently paying extra $250/month principal (to be paid off in 21 years, shaving 7 years off of payments - questions below to follow on this) Tax ...
by Triple digit golfer
Sat Nov 24, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 52
Views: 5737

Re: pros and cons of target date funds?

- Tax efficiency: By separating out the funds, you can optimize your tax efficiency, such as putting bonds in 401k, international in Roth, total stock market in taxable, etc. You can't do this with a target fund since all three would be in the same fund. I'm curious on you rational behind this? I u...
by Triple digit golfer
Fri Nov 23, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: New to taxable investments
Replies: 21
Views: 2025

Re: New to taxable investments

Yep, that sounds right! There's a quality of much ado about nothing about wash sales and reinvested dividends. I only started TLHing after the latest cost basis tracking rules in 2012 and never had any issue, so I suspect all the talk about it is a legacy of a previous time when the tax reporting w...
by Triple digit golfer
Fri Nov 23, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: New to taxable investments
Replies: 21
Views: 2025

Re: New to taxable investments

So basically if I own 3,000 shares and sell 500 shares on 11/23 and then a dividend of 90 shares is paid on 12/15, that means only 410 of my shares are deductible. Is that the general gist? If this happens, will the Vanguard tax form (I believe 1099 B?) show me the correct lower number that I can d...
by Triple digit golfer
Fri Nov 23, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: technical question regarding 401(k) plan nondiscrimination testing
Replies: 4
Views: 424

Re: techinal question regarding 401(k) plan nondiscrimination testing

I had part of my 2017 deferral refunded to me in January 2018 and it is taxable on my 2018 return that I will file in early 2019.
by Triple digit golfer
Fri Nov 23, 2018 8:22 am
Forum: Investing - Theory, News & General
Topic: New to taxable investments
Replies: 21
Views: 2025

Re: New to taxable investments

So if I TLH with a different fund partner (say U.S. and International) That doesn't protect you from reinvested dividend wash sales. The problem arises when you TLH only a portion of the fund rather than all of it. The remaining portion posts dividends before the 30-day period and triggers a wash s...
by Triple digit golfer
Thu Nov 22, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: New to taxable investments
Replies: 21
Views: 2025

Re: New to taxable investments

Three reasons: 1. To avoid a wash sale. This is when selling funds at a loss and then buying funds that are considered “substantially identical.” Tax loss harvesting would then not be a possibility. 2. To minimize the number of tax lots. 3. To be able to direct new money where desired in order to m...
by Triple digit golfer
Thu Nov 22, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: New to taxable investments
Replies: 21
Views: 2025

Re: New to taxable investments

Why not automatically reinvest dividends? I am semi new to taxable investing also.
by Triple digit golfer
Thu Nov 22, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: "Investing" conversations at work
Replies: 32
Views: 4347

Re: "Investing" conversations at work

I'd put investing up there with politics and religion.
by Triple digit golfer
Thu Nov 22, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: Bond fund - munis vs. taxable
Replies: 11
Views: 1327

Re: Bond fund - munis vs. taxable

Thank you both.
by Triple digit golfer
Thu Nov 22, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Bond fund - munis vs. taxable
Replies: 11
Views: 1327

Re: Bond fund - munis vs. taxable

What you should be asking is whether you need to hold fixed income in taxable in the first place. Tax rates have little to do with that. Tax rates are relevant to this decision, but in a different way; the relevant tax rate is the rate you pay on qualified dividends, compared to the rate on municip...