Search found 77 matches

by cochlearboy
Sun Feb 09, 2020 10:40 pm
Forum: Personal Investments
Topic: Building a Safety Net (Can you help me do better than Betterment?)
Replies: 29
Views: 1478

Re: Building a Safety Net (Can you help me do better than Betterment?)

my safety net portfolio is set at 30% equities/70% bonds You describe yourself as a millennial, so I am assuming that you are between 30-40 years old. I have to be honest here with you but your asset allocation of 30% stocks/70% bonds is just nuts for someone in their 30s. Why do you have such a co...
by cochlearboy
Sun Feb 09, 2020 10:22 pm
Forum: Personal Investments
Topic: Portfolio review - early 30's in NYC
Replies: 4
Views: 818

Re: Portfolio review - early 30's in NYC

a few points: Does your wife earn income while in training? If so, she can contribute to a traditional IRA. It is always better to save for retirement in an IRA, than in a taxable account. I'm confused about the 529 - It sounds like you don't have kids, but you're contributing to the 529? Are you do...
by cochlearboy
Sun Feb 09, 2020 10:06 pm
Forum: Personal Investments
Topic: Underfunded! Riskier to protect modest assets now or depend on the market? Annuity??
Replies: 34
Views: 2403

Re: Underfunded! Riskier to protect modest assets now or depend on the market? Annuity??

Can you post what your expenses are in a year? The only way for us to really give you a solid answer to your question is to understand what your annual expenses are like. Also, you haven't explained what you mean by "physical issues." Does this mean that you have high healthcare expenses too? How ar...
by cochlearboy
Sun Feb 09, 2020 9:32 pm
Forum: Personal Investments
Topic: New Married Couple Portfolio Advice
Replies: 21
Views: 1726

Re: New Married Couple Portfolio Advice

Questions : 1. Got married April 2019 and combined finances (reason for being so “off-balance”). Is an 80% stocks / 20% bonds AA target too conservative at 32? We are fairly risk averse, but do not have issues staying the course for the next 20-25y until we’d like to retire or drop to part-time wor...
by cochlearboy
Tue Feb 04, 2020 10:23 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

I'm asking how is that compared to 70/30 (or some ratio) international? This is a question that provokes endless debates on this forum. The problem is that, based on past history, the US market has delivered markedly higher returns as compared to international. That said, many smart folks believe t...
by cochlearboy
Tue Feb 04, 2020 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: House down payment strategy?
Replies: 40
Views: 2447

Re: House down payment strategy?

Some people would argue that renting is throwing away the money, which I kind of agree... softmax, You have a choice. You can agree with them. Or, you can buy at their houses at a great deal since they had thrown away their money by buying a house. KlangFool Hi OP - I make a similar salary as you d...
by cochlearboy
Sun Feb 02, 2020 11:55 pm
Forum: Personal Investments
Topic: Portfolio Review - Tax Planning Advice requested
Replies: 9
Views: 560

Re: Portfolio Review - Tax Planning Advice requested

Just saw your Tax efficiency spreadsheet. I did not realize how much more efficient VUG was compared to VTI/ITOT! In the event of a market drop, I will prioritize VUG over ITOT...
by cochlearboy
Sun Feb 02, 2020 11:50 pm
Forum: Personal Investments
Topic: Portfolio Review - Tax Planning Advice requested
Replies: 9
Views: 560

Re: Portfolio Review - Tax Planning Advice requested

1. Yes ITOT can be a TLH partner for VTI. However, you are wrong about VUG. VUG is incredibly tax efficient and can save about 100k in taxes over VTI. See my analysis here: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=302611&p=4995440#p4995292 2. I'd do the calculations rather than specula...
by cochlearboy
Sun Feb 02, 2020 11:31 pm
Forum: Personal Investments
Topic: Portfolio Review - Tax Planning Advice requested
Replies: 9
Views: 560

Re: Portfolio Review - Tax Planning Advice requested

If you want to tilt to small cap value you'd want it to be 1/4 to 1/2 of your equity portfolio to make a difference. I am fully aware of this - I have read the research on this too. It's just that I made a killing last year on my VGT holdings, and some smart folks keep pointing out that small value...
by cochlearboy
Sun Feb 02, 2020 11:28 pm
Forum: Personal Investments
Topic: Portfolio Review - Tax Planning Advice requested
Replies: 9
Views: 560

Re: Portfolio Review - Tax Planning Advice requested

VTI, ITOT, and VV are fine for tax loss harvesting. SCHB is another total market ETF. I would just use VXUS and IXUS for international. If you want a third (don't need more than two) I'd use VEU. Note: It is often posted on this forum that you have to tax loss harvest between funds/ETFs that use a ...
by cochlearboy
Sun Feb 02, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with deciding whether to buy a house in DC or keep on renting
Replies: 67
Views: 2776

Re: Struggling with deciding whether to buy a house in DC or keep on renting

cochlearboy << Washington DC Metro area is one of those places where housing prices will not drop too much in a recession. >> There are many places in the Northern Virginia/DC Metro area that the housing had not recovered from the 2004/2005 level. So, that must be a big drop from 2004/2005. Just go...
by cochlearboy
Sun Feb 02, 2020 10:55 pm
Forum: Personal Investments
Topic: Understanding "maxing out" retirement accounts
Replies: 47
Views: 3379

Re: Understanding "maxing out" retirement accounts

You will have trouble funding your kids' colleges. If they don't get well-educated in something relevant in this competitive economy, or if they do the 'Murican thing and load up on debt, it will be a multi-generation family disaster. Want grandkids? Is this hyperbole? Colorado in-state tuition for...
by cochlearboy
Sun Feb 02, 2020 10:45 pm
Forum: Personal Investments
Topic: Understanding "maxing out" retirement accounts
Replies: 47
Views: 3379

Re: Understanding "maxing out" retirement accounts

On a household income of 95k with "alot of kids" as you posted above and a stay-at-home-mother, it is financially reckless for you to be donating money at a magnitude of $500 a month. Really? Would it be reckless to have kids with a SAHM on a household income of $89k? You misquote me - I said that ...
by cochlearboy
Sun Feb 02, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Struggling with deciding whether to buy a house in DC or keep on renting
Replies: 67
Views: 2776

Re: Struggling with deciding whether to buy a house in DC or keep on renting

Hi OP I currently rent in Alexandria, so I know exactly where you're coming on sticker shock for a 3 bedroom home. Around here in Alexandria, a new 3 bedroom townhouse goes for 1.2 mil, too. Another idea is to look for housing in Virginia (i.e., Fairfax county) but I am sure you've already found tha...
by cochlearboy
Sun Feb 02, 2020 10:13 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

According to that Vanguard paper linked to by @cochlearboy, investing 20% of your stock allocation to j international equities captures 84% of the diversification benefit, and allocating 30% captures 99% of the diversification benefit. Personally, I take a dim view of the international stocks prosp...
by cochlearboy
Sun Feb 02, 2020 7:47 pm
Forum: Personal Investments
Topic: Best way to fund college?
Replies: 42
Views: 2107

Re: Best way to fund college?

Thanks everyone who commented I will probably choose a roth vs 529 to contribute too for college if we choose to. Theres just to many variables people are commenting, wife could get a job, i could get a raise, I could get a second job. yes,yes,yes. the original question was what is the best way to ...
by cochlearboy
Sun Feb 02, 2020 7:39 pm
Forum: Personal Investments
Topic: Can I Dump My Emergency Fund?
Replies: 125
Views: 10367

Re: Can I Dump My Emergency Fund?

I have $127,000 in a taxable account, invested in accordance with my asset allocation. Do I still need my emergency fund, or can I invest it and draw off the taxable account as needed? bck63: IF you can obtain money from your bank account, your portfolio, your credit card, a bank loan, family or ot...
by cochlearboy
Sun Feb 02, 2020 7:25 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

How do you recommend learning what domestic/international portfolio I should go with? Well, you can read Vanguard's pdf here: https://personal.vanguard.com/pdf/ISGGEB.pdf As for me personally, I am 100% stocks, and of that portfolio, 80% is US market and 20% is international. One piece of advice - ...
by cochlearboy
Sun Feb 02, 2020 7:05 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

Hmmmm I still don’t know what is best. Should I just stick with a target fund for now? Earlier I mentioned how target date funds include a bond and a cash component so that the fund manager can rebalance and account for withdrawals. Given your young age, and your intention of not touching this $ un...
by cochlearboy
Sun Feb 02, 2020 7:00 pm
Forum: Personal Investments
Topic: Understanding "maxing out" retirement accounts
Replies: 47
Views: 3379

Re: Understanding "maxing out" retirement accounts

We give around $500 a month to charity, but for personal reasons, that won't change. I am sorry, but I think it needs to be said that this is a mistake. On a household income of 95k with "alot of kids" as you posted above and a stay-at-home-mother, it is financially reckless for you to be donating ...
by cochlearboy
Sun Feb 02, 2020 5:57 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

I'm asking how is that compared to 70/30 (or some ratio) international? This is a question that provokes endless debates on this forum. The problem is that, based on past history, the US market has delivered markedly higher returns as compared to international. That said, many smart folks believe t...
by cochlearboy
Sun Feb 02, 2020 5:47 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

chocoyogurt wrote:
Sun Feb 02, 2020 5:21 pm
reln wrote:
Sun Feb 02, 2020 5:20 pm
Bonds are worthless when you're starting out. Go 100% stocks.
How is 100% FXAIX?
100% FXAIX is 100% stocks. He's giving you the exact same advice that I gave you earlier.
by cochlearboy
Sun Feb 02, 2020 5:44 pm
Forum: Personal Investments
Topic: Portfolio Review - Tax Planning Advice requested
Replies: 9
Views: 560

Portfolio Review - Tax Planning Advice requested

Emergency funds: 1 year of Expenses saved in Sweep Account at VG (Federal Money Market) Debt: None. Tax Filing Status: Single Tax Rate: 24% Federal, 5.75% Virginia Age: 32 (I have no dependents, and am willing to take risks with my portfolio) Desired Asset allocation: 100% stocks / 0% bonds Desired...
by cochlearboy
Sun Feb 02, 2020 4:41 pm
Forum: Personal Investments
Topic: Investment Allocation for 22 year old
Replies: 66
Views: 3170

Re: Investment Allocation for 22 year old

I feel like I would tinker the least with a TRF or 100% FXAIX. I just feel that maybe 10% bonds and more US stock rather than international would be preferrable? I guess I'm super hung up on Warren Buffett's advice to put 401k into low cost S&P 500 index fund You are 22 years old, and I assume that...
by cochlearboy
Sun Feb 02, 2020 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Disturbing Question on 2019 IRS Tax Form [Bitcoin]
Replies: 59
Views: 3704

Re: Disturbing Question on 2019 IRS Tax Form

Until then, I don't see why the IRS should have any business inquiring about them. Well, by law, we are all required to disclose foreign assets and bank accounts (i.e., the pfic requirement). I suspect that the IRS is treating digital currency in the same manner as foreign assets and bank accounts....
by cochlearboy
Sun Feb 02, 2020 3:56 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 18
Views: 1540

Re: Portfolio Review

Eyeski wrote:
Thu Jan 30, 2020 10:39 pm
On an unrelated note, I’m curious if you’re an audiologist?...
I'm deaf! I wear a cochlear implant, and thus the nickname...
by cochlearboy
Thu Jan 30, 2020 9:24 am
Forum: Personal Investments
Topic: Portfolio Review
Replies: 18
Views: 1540

Re: Portfolio Review

Cochlearboy, I’m in the process of selling those USAA funds in my roth and buying more VTI. Would you still recommend moving to vanguard/Schwab/fidelity even if I have nothing but VTI in my USAA accounts? I appreciate you bringing this to my attention! Glad to help! Yes - I recommend moving to vang...
by cochlearboy
Thu Jan 30, 2020 1:22 am
Forum: Personal Investments
Topic: Portfolio Review
Replies: 18
Views: 1540

Re: Portfolio Review

a. Most of the expense ratios for the funds in your Wealthfront account are pretty reasonable. (The ER for VIG is 0.06%, not 0.60%.) Of course, with Wealthfront you pay an annual 0.25% advisory fee. b. You should be able to transfer all of your funds in-kind from Wealthfront to a low-cost brokerage...
by cochlearboy
Thu Jan 30, 2020 1:13 am
Forum: Personal Investments
Topic: Portfolio Review
Replies: 18
Views: 1540

Re: Portfolio Review

a. Most of the expense ratios for the funds in your Wealthfront account are pretty reasonable. (The ER for VIG is 0.06%, not 0.60%.) Of course, with Wealthfront you pay an annual 0.25% advisory fee. b. You should be able to transfer all of your funds in-kind from Wealthfront to a low-cost brokerage...
by cochlearboy
Fri Jan 24, 2020 3:33 pm
Forum: Personal Consumer Issues
Topic: Thicker/Flatter Dental Floss or Tape?
Replies: 34
Views: 2402

Re: Soft Picks

Instead of using old-style floss that you wrap around your fingers, I strongly recommend using floss picks. For example - https://www.amazon.com/GUM-Soft-Picks-Original-Dental-Picks/dp/B06XQSG36Q https://www.net32.com/media/shared/common/mp/sunstar-butler/gum-soft-picks/media/green-picks-632DA.jpg ...
by cochlearboy
Fri Jan 24, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1185

Re: How to dispute inaccuracy in share prices

It can matter. I have had problems with the IRS going after me on cost basis of some really old shares that I sold in the past. TD ameritrade reported that the cost basis was 0 to the IRS when I sold the shares. I ended up having to show the IRS old statements and printouts of google finance showin...
by cochlearboy
Fri Jan 24, 2020 12:54 pm
Forum: Personal Consumer Issues
Topic: Thicker/Flatter Dental Floss or Tape?
Replies: 34
Views: 2402

Re: Thicker/Flatter Dental Floss or Tape?

Instead of using old-style floss that you wrap around your fingers, I strongly recommend using floss picks. They are much easier to manipulate and control so that you don't end up pushing the floss too hard into your gums. Also, there are some floss picks that have a wide cross-section, like tape an...
by cochlearboy
Wed Jan 22, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1185

Re: How to dispute inaccuracy in share prices

Does it matter though? If you sell the stock, surely you have the info to demonstrate the proper basis. It's a glitch but not one that would keep me up nights. It can matter. I have had problems with the IRS going after me on cost basis of some really old shares that I sold in the past. TD ameritra...
by cochlearboy
Wed Jan 22, 2020 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Aunt Asks for my help
Replies: 16
Views: 2382

Re: Elderly Aunt Asks for my help

What was her 401k balance at retirement? Did she have some extraordinary expenses that depleted it or was she not aware of what she could safely withdraw each year? +1. This is key. If she started with $400k and has spent 90% of it, she has a spending problem. Selling the condo to free up some cash...
by cochlearboy
Wed Jan 22, 2020 9:06 pm
Forum: Personal Investments
Topic: Wellesley vs. Federal Money Market in Taxable Brokerage
Replies: 10
Views: 992

Re: Wellesley vs. Federal Money Market in Taxable Brokerage

It's not just taxes by itself. There is very close to zero risk with your money in VMFXX. Whereas, in Wellesley, you could lose a significant portion of your portfolio in a market downturn. Remember, Wellesley is, I think, 60% equities/40% bonds (or the other way around). Either way, Wellesley is n...
by cochlearboy
Wed Jan 22, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11578

Re: to pre-nup or not?

So, the prenup said she got everything? Yup, and he didn't read it. That must have felt like a sucker punch to the gut. There are times where I am reminded of how low people can go. A guy marrying a lady for love, only to find out that she tricked him into signing an agreement at the very beginning...
by cochlearboy
Wed Jan 22, 2020 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: to pre-nup or not?
Replies: 133
Views: 11578

Re: to pre-nup or not?

Wife worked for more than 25 years taking care of his kids, and getting a lower paid job and later in life so he didn't have to worry about his children. This is very subjective... In some cases, the mother really takes on all of the burden of looking after the kids and keeping the house in order, ...
by cochlearboy
Wed Jan 22, 2020 8:14 pm
Forum: Personal Investments
Topic: How Do I Buy Some BitCoin?
Replies: 46
Views: 23744

Re: How Do I Buy Some BitCoin?

TomCat96 wrote:
Wed Jan 22, 2020 8:03 pm

The steps in between however, are largely unregulated.
I see, this is exactly where the crux is.
by cochlearboy
Wed Jan 22, 2020 8:10 pm
Forum: Personal Investments
Topic: Chase YouInvest cost basis method
Replies: 50
Views: 6969

Re: Chase YouInvest cost basis method

I asked a banker about SpecId support a few months back and was told it would be added in time - it's basically a brand new product right now. You know, SpecID has been around for a while, and literally every investor who TLH or TGH uses SpecID. I think it is very unreasonable for them not to have ...
by cochlearboy
Wed Jan 22, 2020 7:56 pm
Forum: Personal Investments
Topic: How Do I Buy Some BitCoin?
Replies: 46
Views: 23744

Re: How Do I Buy Some BitCoin?

In evaluating its merits as a currency , I would argue once your numbers are big enough, bitcoin operates better as a currency than dollars, yen, rmb, euros, etc. Indeed in the 1 million, 10 million, 100 million, 1000 million range, currency ceases to function as currency, and bitcoin is arguably m...
by cochlearboy
Wed Jan 22, 2020 7:52 pm
Forum: Personal Investments
Topic: Cleaning up old IRAs - First Time Post (Take 2)
Replies: 17
Views: 1023

Re: Cleaning up old IRAs - First Time Post

HomeStretch wrote:
Wed Jan 22, 2020 7:26 pm
Whether or not converting your IRAs to a Roth IRA makes sense is not possible to say without additional information.
In your new post, make sure you mention your tax situation, too.
by cochlearboy
Wed Jan 22, 2020 7:41 pm
Forum: Personal Investments
Topic: Wellesley vs. Federal Money Market in Taxable Brokerage
Replies: 10
Views: 992

Re: Wellesley vs. Federal Money Market in Taxable Brokerage

It's not just taxes by itself. There is very close to zero risk with your money in VMFXX. Whereas, in Wellesley, you could lose a significant portion of your portfolio in a market downturn. Remember, Wellesley is, I think, 60% equities/40% bonds (or the other way around). Either way, Wellesley is no...
by cochlearboy
Tue Jan 21, 2020 7:25 pm
Forum: Personal Investments
Topic: Is ibond always better than taxable?
Replies: 42
Views: 2557

Re: Is ibond always better than taxable?

I put some money into taxable each year after I max out 401k (no mega backdoor possible), backdoor Roth, and some money for 529. However, I have been reading up on ibond, seems like a good choice for anyone who has bond allocation, CD and can invest in taxable. Yet I don't hear many people using th...
by cochlearboy
Tue Jan 21, 2020 10:38 am
Forum: Personal Investments
Topic: Analysis Paralysis on International in Taxable
Replies: 21
Views: 1293

Re: Analysis Paralysis on International in Taxable

When you go 100% equities, make sure you have a healthy emergency fund, credit, or other non-market-based resources you can tap in the event of a job loss, health issue, or other unexpected expense. If you like tax loss harvesting, keep the international in taxable. It provides many opportunities f...
by cochlearboy
Tue Jan 21, 2020 10:05 am
Forum: Personal Investments
Topic: Analysis Paralysis on International in Taxable
Replies: 21
Views: 1293

Re: Analysis Paralysis on International in Taxable

Full disclosure: I hold VEA + VWO at market weight, not to overweight EM, but to get China A shares that VXUS doesn't have. Thank you for your comment regarding China A shares. I have a question - how do you calculate the proportion of VEA relative to VWO (i.e., the market weight)? Just so I can le...
by cochlearboy
Mon Jan 20, 2020 10:44 pm
Forum: Personal Investments
Topic: Analysis Paralysis on International in Taxable
Replies: 21
Views: 1293

Re: Analysis Paralysis on International in Taxable

Thank you for the replies so far! Regarding my asset allocation. I am 100% Equities (I am 32 with no dependents) and can stomach a 50% drop tomorrow. In fact, I would happily seize the opportunity for tax loss harvesting. What has me concerned is my 100% allocation to US equities, and which has me e...
by cochlearboy
Mon Jan 20, 2020 9:59 pm
Forum: Personal Investments
Topic: Analysis Paralysis on International in Taxable
Replies: 21
Views: 1293

Analysis Paralysis on International in Taxable

Hello BH! I have some funds sitting in a MM (roughly 80k from a windfall) at Vanguard that I'd like to deploy in international in order to diversify my portfolio. I am currently 100% US equities, and while the current run-up in the US market has been fantastic for my portfolio so far, I recognize th...
by cochlearboy
Mon Dec 16, 2019 11:26 pm
Forum: Personal Investments
Topic: Beginner's portfolio review
Replies: 6
Views: 575

Re: Beginner's portfolio review

2. I am not familiar with keeping your emergency fund in a Roth IRA... Here's the page where I got the idea: https://www.bogleheads.org/wiki/Roth_IRA_as_an_emergency_fund I will definitely keep part of my emergency fund in cash, and I would only draw on the Roth in a dire emergency as a last resort...
by cochlearboy
Mon Dec 16, 2019 9:17 pm
Forum: Personal Investments
Topic: 401k Portfolio allocation
Replies: 7
Views: 468

Re: 401k Portfolio allocation

I am curious as to why you're keeping bonds in your taxable account. That would be the last place you want to keep bonds due to how the dividends are taxed. My suggestion is to turn off dividend reinvestments for the bonds and invest the dividends, future income, in taxable to VTSAX. The best place ...
by cochlearboy
Mon Dec 16, 2019 9:04 pm
Forum: Personal Investments
Topic: Beginner's portfolio review
Replies: 6
Views: 575

Re: Beginner's portfolio review

Welcome! 1. Agreed with you - Roth is better especially when starting out young. 2. I am not familiar with keeping your emergency fund in a Roth IRA... you know that there is a 5 year period before you can withdraw contributions actually the 5 year rule here applies to earnings, not contributions - ...