Search found 110 matches

by AznSaver
Sun Sep 13, 2020 10:44 am
Forum: Personal Consumer Issues
Topic: Insurance Co. Request to sign Policy Cancellation
Replies: 14
Views: 1568

Re: Insurance Co. Request to sign Policy Cancellation

I'd sign the request. OP, do you see some downside to signing it? Probably just natural and understandable suspicion on the motives and incentives of the company. Exactly...here’s the release verbiage. The undersigned agrees that: -The above referenced policy is lost, destroyed or being retained. (...
by AznSaver
Fri Mar 27, 2020 1:08 am
Forum: Investing - Theory, News & General
Topic: Do any of you not rebalance?
Replies: 57
Views: 3117

Re: Do any of you not rebalance?

I never re-balance, but its probably due to ignorance/stupidity. I figure if keep investing at my AA everything will balance out in the end. That's what I was wondering. Time to go to portfolio visualizer and tinker! I do not re-balance and contribute new money based on my AA (90/10). I have an exp...
by AznSaver
Sun Feb 09, 2020 12:07 pm
Forum: Personal Investments
Topic: Anyone invest in the Russell 1000 Growth Index?
Replies: 11
Views: 1106

Re: Anyone invest in the Russell 1000 Growth Index?

I am invested in the Fidelity mutual fund equivalent: Fidelity® Large Cap Growth Index Fund (FSPGX). The reasons for my investment in the fund are it's low cost .035 ER and similarity to an S&P 500 fund without duplication for TLHing. This fund is not in a taxable account to eliminate tax-inefficien...
by AznSaver
Mon Jan 13, 2020 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Broken Teeth Covered by Medical (Not Dental) Insurance?
Replies: 9
Views: 1187

Re: Broken Teeth Covered by Medical (Not Dental) Insurance?

Was a police report filed? Without an actual collision between the car and bike it might depend on state law and/or the contents of the police report, but if your son has automobile insurance with uninsured motorist coverage then it might be worth looking into whether that might cover medical and d...
by AznSaver
Wed Jan 08, 2020 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: I need help understanding what to do with Whole Life Insurance policies
Replies: 15
Views: 1583

Re: I need help understanding what to do with Whole Life Insurance policies

Policy Information Net Cash Surrender Value:$10,334.64 Net Death Benefit:$100,220.38 Face Amount:$100,000.00 Effective Date:09/03/2009 Paid Up Date:09/03/2024 Total Modal Premium:$69.30 Billing Frequency:Monthly My overall goal here is to be able to understand these investments better. I do think I...
by AznSaver
Mon Jan 06, 2020 9:46 pm
Forum: Personal Investments
Topic: Taxable Muni Bonds [edited to remove all-caps]
Replies: 12
Views: 1213

Re: Taxable Muni Bonds [edited to remove all-caps]

I do tax-exempt muni's in my taxable account in vanguard... I don't understand the value of a taxable muni bond fund... It's ER is crazy expensive 2.53% and it's portfolio is 37% leveraged... Why take take that much risk in a bond fund? For the same time period at a lower cost/tax hit an S&P 500 ind...
by AznSaver
Mon Jan 06, 2020 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: I need help understanding what to do with Whole Life Insurance policies
Replies: 15
Views: 1583

Re: I need help understanding what to do with Whole Life Insurance policies

I didn't start to learn about investing myself until recently. Unfortunately this means I've worked with someone in the past who steered us towards whole life insurance. I'd like to understand: 1. How do I calculate what they are "worth". I get the gist that these policies don't tend to be a good u...
by AznSaver
Sun Jan 05, 2020 10:10 pm
Forum: Personal Consumer Issues
Topic: Traveling to Japan for first time
Replies: 44
Views: 2894

Re: Traveling to Japan for first time

Hello all, and thanks for always being ready available to answer questions. Our family is traveling to Tokyo for the first time, primarily to visit Tokyo Disneyland. We also hope to spend (at least) one day visiting sites in the city. A few questions that I have, as we are now within two months of ...
by AznSaver
Sun Jan 05, 2020 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Keep Money In Employer HSA or Open Separate HSA?
Replies: 12
Views: 959

Re: Keep Money In Employer HSA or Open Separate HSA?

Your suggestion may not be valid for you and is unlikely of value for the vast majority of forum members: In order to be FICA and income tax exempt, HSA contributions must be made by Section 125 salary reduction. If it is done by direct deposit of after-tax net payroll it is not FICA and income tax...
by AznSaver
Sun Jan 05, 2020 12:52 am
Forum: Personal Consumer Issues
Topic: Suing An Airline In Small Claims
Replies: 38
Views: 4865

Re: Suing An Airline In Small Claims

Thanks all. Again, really just a discussion at this point and see my second post with more details. Still a long way to go before I would get to court. Keep in mind, if i file a valid claim in small claims and AA doesn't show up to defend....I win....regardless of the contract of carriage. https://...
by AznSaver
Sun Jan 05, 2020 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Keep Money In Employer HSA or Open Separate HSA?
Replies: 12
Views: 959

Re: Keep Money In Employer HSA or Open Separate HSA?

... What I am wondering is whether it is better to go with just my work HSA and pay the additional $30/year, or open an external HSA and go through the manual process of filling out forms and mailing them to my employer's HSA administrator every time I want to transfer money. What are your thoughts...
by AznSaver
Fri Jan 03, 2020 11:12 am
Forum: Personal Investments
Topic: First taxable account
Replies: 10
Views: 694

Re: First taxable account

... I’ve been reading a bit and like the idea of a mutual fund to allow scheduled and non whole share stock purchases. Tax efficiency with vanguard also seems desirable. Vtsax seems like a solid choice but hate to commit to 3k right away. Should i be looking at an etf from schwab or fidelity Instea...
by AznSaver
Sun Dec 29, 2019 1:24 am
Forum: Personal Investments
Topic: What's the right move here? 3 Real Estate Holdings
Replies: 20
Views: 1590

Re: What's the right move here? 3 Real Estate Holdings

I don't know which of the following to do: 1) Exactly what I've been doing (try to accumulate more real estate) 2) Try to aggressively pay down mortgage debt 3) Sell all the rentals and buy index funds Questions: Are you currently employed or do work outside your rental business? 1. Seven propertie...
by AznSaver
Sun Dec 29, 2019 1:03 am
Forum: Personal Investments
Topic: What's the right move here? 3 Real Estate Holdings
Replies: 20
Views: 1590

Re: What's the right move here? 3 Real Estate Holdings

I'd ask your tax preparer what kind of impact it would have on the business expenses (mortgages) and business income (rent received) on your overall income. As of now, I presume you can rent these 2 houses, showing minimal profit (income) on your taxes. In fact, you may even be showing a loss on th...
by AznSaver
Sat Dec 28, 2019 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2019 on Amazon
Replies: 347
Views: 38022

Re: Turbotax 2019 on Amazon

I just called and was able to get this "unreturnable" purchase returned, so I could rebuy it with the promotional gift card for the same price I paid ($29.88 Deluxe Federal Only) (PC Download)
by AznSaver
Sat Dec 28, 2019 2:14 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2019 on Amazon
Replies: 347
Views: 38022

Re: Turbotax 2019 on Amazon

TurboTax deluxe Federal only is $29.88, There is a $39.88 with $10 Gift card option...
I'll just take it at $29.88, pulling the trigger.
(Link removed, didn’t want to have people make my mistake)

:oops: As soon as I bought it the gift card option became the same price @ $29.88 + $10 GC
by AznSaver
Fri Dec 27, 2019 10:01 pm
Forum: Personal Consumer Issues
Topic: Recommended physical fitness websites/books/apps?
Replies: 83
Views: 6889

Re: Recommended physical fitness websites/books/apps?

I think the most important thing to do before looking for "fitness" is to identify a specific goal you want to achieve. That way you can track and measure progress. I think for a boglehead, "The Four Hour Body" by Tim Ferris is a great book. (https://www.amazon.com/4-Hour-Body-Uncommon-Incredible-Su...
by AznSaver
Tue Dec 24, 2019 10:16 pm
Forum: Investing - Theory, News & General
Topic: Everyone's Financial 'Infrastructure'
Replies: 33
Views: 3866

Re: Everyone's Financial 'Infrastructure'

Just to clarify are you asking how other members structure their finances or a recommendation for another banking/online solution? To easily answer the latter, I use Capitol One 360. It used to be an ING account but they got bought out by Cap One in the Great Recession. No fees, no foreign transacti...
by AznSaver
Tue Dec 24, 2019 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Burned out looking for options
Replies: 32
Views: 3809

Re: Burned out looking for options

I was in the same boat 5 years ago... I was in finance/sales/insurance that six figure pay was nice but I had no time for friends/family and my relationships were suffering. I went from white-collar to blue-collar and I am currently a rural mail carrier for the postal service. The pay at first was 1...
by AznSaver
Mon Dec 23, 2019 12:53 am
Forum: Personal Investments
Topic: Emergency fund as part of asset allocation?
Replies: 45
Views: 3390

Re: Emergency fund as part of asset allocation?

If you would like to add it as a part of your AA in my eyes all you are doing is reducing your personal rate of returns by introducing cash drag. It would also mean you are increasing your equity position in comparison to your "true" bond/fixed income allocation. I don't quite understand the logic ...
by AznSaver
Sun Dec 22, 2019 10:44 pm
Forum: Personal Investments
Topic: Emergency fund as part of asset allocation?
Replies: 45
Views: 3390

Re: Emergency fund as part of asset allocation?

I have a 75% stock / 25% bonds/fixed income allocation. Does my emergency fund count as part of the bonds/fixed income allocation? I ask because my emergency fund is almost $100k in high yield savings, but I currently don't include it in my asset allocation. I'm not sure what the right answer is he...
by AznSaver
Sun Dec 22, 2019 1:42 pm
Forum: Personal Investments
Topic: Fidelity HSA AA/Strategy
Replies: 13
Views: 902

Re: Fidelity HSA AA/Strategy

Thanks for the responses. 1. I use my HSA primarily as an investment vehicle. 2. I'm transferring from HSA Bank to Fidelity next year. 3. When I did the math, the extra fees and lost returns with HSA Bank roughly canceled out the Medicare tax benefits of investing with them through my employer. YMMV...
by AznSaver
Sat Dec 21, 2019 8:56 pm
Forum: Personal Consumer Issues
Topic: Car I just sold caught on fire during transport
Replies: 47
Views: 6602

Re: Car I just sold caught on fire during transport

You should be in the clear with a counter signed bill of sale as it typically transfers ownership of the vehicle and personal auto sales have no cool-off period. If the buyer already had auto insurance prior to the purchase it will also cover the new vehicle (albeit at actual cash value/not replacem...
by AznSaver
Sat Dec 21, 2019 11:14 am
Forum: Personal Investments
Topic: Fidelity HSA AA/Strategy
Replies: 13
Views: 902

Fidelity HSA AA/Strategy

I know these topics have been beaten to death lately but I didn't see a similar question or answer to what I'm pondering. 1. Do you have a separate AA assigned to your HSA account or is it a part of your overall Boglehead portfolio AA? 2. For those with employer based plans what are you doing with t...
by AznSaver
Sat Dec 21, 2019 3:40 am
Forum: Personal Consumer Issues
Topic: WiFi speed, is this normal?
Replies: 39
Views: 3814

Re: WiFi speed, is this normal?

"Cons: If you have more than one unit you are forced to use NAT on the main unit, thus making your entire network a NAT, which in many cases causes it to be a sub-NAT if your router is not bridgeable. Mine is not, AT&T in their infinite wisdom has no way of doing a pure bridge, never a dull moment ...
by AznSaver
Fri Dec 20, 2019 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: What is your home's price/value per square foot, and does that make it an investment?
Replies: 79
Views: 4080

Re: What is your home's price/value per square foot, and does that make it an investment?

The point of this thread was to get a snapshot of cost per square foot in different areas, and to urge others to consider a different perspective pertaining to tapping into the equity of their home outside the traditional methods of home equity loans, reverse mortgages, and paying the lender huge a...
by AznSaver
Fri Dec 20, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: What is your home's price/value per square foot, and does that make it an investment?
Replies: 79
Views: 4080

Re: What is your home's price/value per square foot, and does that make it an investment?

I do not consider the place that I live to be an investment. I do consider it an asset that I can sell if I need to someday. +1 I did think of my home when purchased in 2006 as an investment... I was 26 making $32k and bought a $500k house, (Countrywide Loan w/reduced doc/no income verification) In...
by AznSaver
Fri Dec 20, 2019 12:08 am
Forum: Personal Investments
Topic: Build Your Own Annuity or Pension
Replies: 14
Views: 1736

Re: Build Your Own Annuity or Pension

I’m assuming you have some money invested in stock index funds. No harm in adding in a few I bonds too. Yes. This strategy's goal would be to simply utilize EE Savings Bonds in a way to receive a $1,000.00 per month paycheck during retirement, which will help support a lower withdrawal rate from 40...
by AznSaver
Thu Dec 19, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: FERS information regarding pension
Replies: 8
Views: 1196

Re: FERS information regarding pension

Are you sure about the 1.1% at age 60 with 20 years? I’ve not heard of that being being applied (versus 1.0%) unless you retire at age 62 or later, regardless of years of service. There are some differences in FERS based on occupation though. I apologize, you are 100% correct these are the general ...
by AznSaver
Thu Dec 19, 2019 5:34 am
Forum: Personal Finance (Not Investing)
Topic: FERS information regarding pension
Replies: 8
Views: 1196

Re: FERS information regarding pension

Will a FERS retirement pension be covered under a QDRO? FERS and the TSP are not covered under ERISA for which a normal QDRO applies according to wiki https://en.wikipedia.org/wiki/Qualified_domestic_relations_order I have no 1st hand knowledge and divorced co-workers have typically had to halve the...
by AznSaver
Thu Dec 19, 2019 12:53 am
Forum: Personal Investments
Topic: Fidelity vs Vanguard (excluding cash mgmt)
Replies: 8
Views: 1233

Re: Fidelity vs Vanguard (excluding cash mgmt)

I currently used both platforms/services and at one point used them exclusive of each other... Fidelity does have brick & mortar locations if you need them, sometimes making paperwork easier. For just starting out Fidelity mutual funds have zero minimums compared to the $1k,3k,10k/50k for some Vangu...
by AznSaver
Wed Dec 18, 2019 2:36 am
Forum: Personal Finance (Not Investing)
Topic: How do I prioritize my savings and investment.
Replies: 28
Views: 4374

Re: How do I prioritize my savings and investment.

With you being in the 22% Fed bracket MFJ puts you income between $78,951 to $168,400, at the lower end $61k-ish after fed tax Your current listed expenses let's say $3,500 a month or $42k a year, so there should be $19k of wiggle before state taxes? How do the numbers above look? IMHO Plan of actio...
by AznSaver
Wed Dec 18, 2019 1:51 am
Forum: Personal Finance (Not Investing)
Topic: How do I prioritize my savings and investment.
Replies: 28
Views: 4374

Re: How do I prioritize my savings and investment.

I think a good starting point might be to browse through the the wiki to get a feel for the process and ideology of boglehead-ness... A good guide just for prioritizing would be https://www.bogleheads.org/wiki/Prioritizing_investments I would still read through the other articles and go step by step...
by AznSaver
Wed Dec 18, 2019 1:18 am
Forum: Personal Investments
Topic: Value of dividends?
Replies: 33
Views: 3621

Re: Value of dividends?

The value or lack of in an investment paying dividends is based on your reasons for choosing the investment... It has it's pros & cons, in this forum it's viewed with a negative bias but in general investors tend to like/favor investments that provide it... Some investors tend to think of dividends ...
by AznSaver
Mon Dec 16, 2019 2:43 am
Forum: Investing - Theory, News & General
Topic: The worst investment advice I know
Replies: 170
Views: 14643

Re: The worst investment advice I know

I'd like to respectfully disagree with that being bad investment advice, but apply some context... Risk tolerance, income level and time horizons being personal I try to think of letting most people do what they feel is in there best interest. "Never invest money you can't afford to lose" is akin to...
by AznSaver
Mon Dec 16, 2019 12:51 am
Forum: Personal Consumer Issues
Topic: Vehicle that turns itself around at end of driveway....
Replies: 18
Views: 2885

Re: Vehicle that turns itself around at end of driveway....

There isn't any vehicle that can currently automatically perform this type of self driving... There are a couple features that should help you manage to do this yourself. 1. Certain Tesla and BMW vehicles have summon features that can have the car perform basic, i.e. straight line, self driving to a...
by AznSaver
Sun Dec 15, 2019 12:35 pm
Forum: Personal Investments
Topic: Payflex HSA will start charging investment Fees
Replies: 0
Views: 217

Payflex HSA will start charging investment Fees

During my weekly inbox purging I came across this lovely email from my HSA provider... Information about your HSA investment account Starting February 1, 2020, you’ll notice a minimal monthly fee on your PayFlex Health Savings Account (HSA) investment account. The fee will be .02% of your investment...
by AznSaver
Sat Dec 14, 2019 12:23 am
Forum: Personal Consumer Issues
Topic: Opinions - used 2005 Toyota Corolla with only 87,000 miles?
Replies: 43
Views: 2847

Re: Opinions - used 2005 Toyota Corolla with only 87,000 miles?

This is my only opinion in regards to the Toyota Corolla https://www.craigslist.org/about/best/hou/6565526716.html For a commuter/beater car get the car and pay the man, maybe negotiate it down a bit. On a more serious note safety has progressed significantly since 2005 along with car tech... Be pre...
by AznSaver
Sat Dec 14, 2019 12:05 am
Forum: Personal Consumer Issues
Topic: Should I buy a new or used Toyota Camry?
Replies: 83
Views: 4469

Re: Should I buy a new or used Toyota Camry?

My plan for the purchase is financing. With that information, buy it new... contact a few dealers and try to have them earn your business. On a desirable, low depreciation, car like the one you have selected the cost difference between slightly used and new is negligible. This will give you piece o...
by AznSaver
Fri Dec 13, 2019 11:37 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new or used Toyota Camry?
Replies: 83
Views: 4469

Re: Should I buy a new or used Toyota Camry?

My personal preference for "new to you" cars is buying used entry level luxury vehicles on lease returns as I think it has the greatest value and I am a car person. Also I am able to provide basic/moderate maintenance and troubleshoot common problems on my vehicles. In your case since safety is a pr...
by AznSaver
Tue Dec 10, 2019 1:28 am
Forum: Personal Investments
Topic: Most tax efficient investment
Replies: 12
Views: 1654

Re: Most tax efficient investment

The most tax efficient investment in my opinion would be one where you don't pay any taxes: a tax-exempt/municipal bond fund... These types of funds are typically for individuals in higher tax brackets trying to provides steady tax free growth... VWITX However you won't get market returns like an ta...
by AznSaver
Tue Dec 10, 2019 12:07 am
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

This math is applicable only so long as we can choose to put any given dollar in a tIRA vs. Roth. In other words, up until the first one hits the annual contribution limit. They both have the same annual limit ($6,000 for most people), but since tIRA is pre-tax it "fills faster" from the same amoun...
by AznSaver
Mon Dec 09, 2019 11:49 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

UPDATE: I called Vanguard and was told I could NOT purchase the VPMAX fund in my Roth as this would double the number of accounts with that position. I can do a Roth conversion or exchange the positions but it would have to be for the entire holding amount... The reason I was told was that since VPM...
by AznSaver
Sun Dec 08, 2019 5:29 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

...I put in the annual max to both both accounts 50:50, tax bracket 22% Fed Are you sure you are allowed to deduct contributions to tIRA? Many people in your tax bracket cannot do this if they have a plan at work or are married to someone with a plan at work. There would be no reason to make contri...
by AznSaver
Sun Dec 08, 2019 4:55 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

My prediction: you will be allowed to purchase PRIMECAP, but will be limited to $25k per account per year. If they let you do more, please let me know, because that’s what we are limited to. I too am subjected to the $25k limit, I can definitely report back the results. I am thinking the same thing...
by AznSaver
Sun Dec 08, 2019 4:37 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

Awesome! If you are maxing all of those different products I would think there is a decent chance you make too much to contribute to a pre-tax tIRA and get the deduction, but perhaps you have a tIRA from a 401k roll-over, or I am just mistaken. For me I can only contribute to a Roth (some years onl...
by AznSaver
Sun Dec 08, 2019 3:56 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

All things being equal, I'd put the Primecap into Roth and the target fund into tIRA. However, I think Vanguard is going to see this as a sale and a purchase and you may not be able to purchase Primecap in your Roth IRA if you don't already have it there. You need to call them and find out before s...
by AznSaver
Sun Dec 08, 2019 3:45 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

If your tax-rate in retirement is the same as your marginal rate on the earnings used to contribute to the IRA, the only difference between this asset in a tIRA and a Roth is the potential RMD in the future. $1 in a Roth is worth more than $1 in a tIRA so it isn't a 1:1 comparison. Let's assume you...
by AznSaver
Sun Dec 08, 2019 3:31 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Re: Swapping funds in tax-deffered/advantaged?

Within an IRA of either kind it does not matter whether the account grows from an increase in price or distributions. You are onto something though with wanting the asset expected to grow more in the long-term to be in Roth, and the slower-growing one (i.e., the one with more bonds) to be in your t...
by AznSaver
Sun Dec 08, 2019 1:21 pm
Forum: Personal Investments
Topic: Swapping funds in tax-deffered/advantaged?
Replies: 22
Views: 1056

Swapping funds in tax-deffered/advantaged?

I currently have both tIRA and Roth IRA accounts at Vanguard where I was thinking it would be more efficient to swap my holdings in the tIRA into the Roth. The primary fund in my tIRA is Vanguard PRIMECAP Admiral shares (VPMAX), I have liken this fund to a strong performing active S&P 500 fund. This...