Search found 10059 matches

by letsgobobby
Tue May 23, 2017 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Risk vs. Reward analysis on contributing to 529 when child is hypothetical
Replies: 16
Views: 893

Re: Risk vs. Reward analysis on contributing to 529 when child is hypothetical

probably not the end of the world to have to file a return and count it towards the lifetime exclusion Just did some more reading about Gift Taxes. Sorry, I only started working full-time 1 year ago, so I am not aware of some concepts that seem like common sense to the average Boglehead :) Sounds l...
by letsgobobby
Mon May 22, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 71
Views: 7465

Re: Net worth is overrated

Every specific financial planning purpose would require some other dollar number computed in some other way than "net worth." When you die, the IRS and your state tax agency care very much about your net worth. If you don't believe it, try dying with more than $5.5 million (individual) an...
by letsgobobby
Mon May 22, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 71
Views: 7465

Re: Net worth is overrated

it matters a lot for estate planning.
by letsgobobby
Mon May 22, 2017 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Risk vs. Reward analysis on contributing to 529 when child is hypothetical
Replies: 16
Views: 893

Re: Risk vs. Reward analysis on contributing to 529 when child is hypothetical

Pub 970 claims that "There are no income tax consequences if the designated beneficiary of an account is changed to a member of the beneficiary's family". But other sources disagree. This thread says that changing the beneficiary from myself to a child triggers a gift tax: https://www.bog...
by letsgobobby
Sun May 21, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Risk vs. Reward analysis on contributing to 529 when child is hypothetical
Replies: 16
Views: 893

Re: Risk vs. Reward analysis on contributing to 529 when child is hypothetical

You didn't say it but are you maxing all possible retirement accounts? Of course, this is only a question of what to do with extra money after maxing 401k, IRA, HSA, and enough in taxable for a home downpayment. Another question is, I heard you have to pay gift tax if you contribute more than 14k p...
by letsgobobby
Sun May 21, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 55
Views: 5201

Re: Milestone and not peeking. . .

Congrats. For the record though I am not a fan of the no peeking guideline. If Vanguard or whomever screws up, well bad news does not get better with age so I want to know about it ASAP. I think peeking frequently is a good idea. I peek every couple weeks. It gives me direction about how to allocat...
by letsgobobby
Fri May 19, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: How Best to Give?
Replies: 8
Views: 637

Re: How Best to Give?

re: your last comment, setting up a DAF is best done with highly appreciated securities. The advantage of doing so has little to do with current income other than the tax deduction of the contribution, but you don't itemize so that doesn't seem relevant. I'm not sure why you linked setting up a DAF...
by letsgobobby
Fri May 19, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: Few days in Portland in July
Replies: 36
Views: 2192

Re: Few days in Portland in July

iamlucky13 wrote:
The Japanese gardens are definitely very nice, but I wouldn't call them a must see attraction of Portland.



The Japanese Garden was recently renovated and is considered one of the best in the world outside Japan. Not for everyone, but a noteworthy site. It was good even before the renovation.
by letsgobobby
Fri May 19, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: How Best to Give?
Replies: 8
Views: 637

Re: How Best to Give?

You don't itemize so the only concern from your standpoint is really how much, and how your gifts impact your cash flow. From the charity's standpoint, a regular, dependable contribution is more valuable than an unplanned for lump sum. They have to manage their cash flow, too. re: Amazon, ask the ch...
by letsgobobby
Fri May 19, 2017 6:27 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 55
Views: 5201

Re: Milestone and not peeking. . .

Congrats. For the record though I am not a fan of the no peeking guideline. If Vanguard or whomever screws up, well bad news does not get better with age so I want to know about it ASAP. I can peek at my transaction history without neurotically monitoring my total portfolio balances. It helps that ...
by letsgobobby
Thu May 18, 2017 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Is it better to stay at 19 or 24 paychecks per year?
Replies: 18
Views: 1589

Re: Is it better to stay at 19 or 24 paychecks per year?

I prefer 12 paychecks but my employer doesn't offer it.

I have no idea the significance of 19.
by letsgobobby
Thu May 18, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispose of household effects (estate sale?)
Replies: 21
Views: 2641

Re: How to dispose of household effects (estate sale?)

Charity, They can haul it all away and you don't have to deal with it. Life is too short in my opinion to go to the effort and attempt to make profit off the possessions of a dead person. I do not mean that in a cruel way. I would just want to be done with it. Who would receive the charitable deduc...
by letsgobobby
Thu May 18, 2017 12:31 am
Forum: Personal Consumer Issues
Topic: Reasonable Cost / Estate Planning Ideas
Replies: 6
Views: 597

Re: Reasonable Cost / Estate Planning Ideas

Hello - Some advice on a prior thread I posted has lead me to estate planning. I contacted an attorney via a search on my state bar association website. I scheduled a conference call and we held it today. He has years of experience in estate planning. I do not like to waste anyone's valuable time, ...
by letsgobobby
Wed May 17, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: BofA HSA dropping Vanguard Funds
Replies: 64
Views: 6998

Re: BofA HSA dropping Vanguard Funds

Don't know if there was a typo, but this post says that ER of BDOKX used to be 1.2%! h https://www.bogleheads.org/forum/viewtopic.php?t=162233 I've been willing to attribute the underpermance to the higher ER. now that it is lower I expect the performance to improve. Perhaps that was the gross expe...
by letsgobobby
Wed May 17, 2017 9:08 am
Forum: Investing - Theory, News & General
Topic: BofA HSA dropping Vanguard Funds
Replies: 64
Views: 6998

Re: BofA HSA dropping Vanguard Funds

indexfundfan wrote:Don't know if there was a typo, but this post says that ER of BDOKX used to be 1.2%!
h
viewtopic.php?t=162233

I've been willing to attribute the underpermance to the higher ER. now that it is lower I expect the performance to improve.
by letsgobobby
Wed May 17, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: What if I have enough money?
Replies: 22
Views: 4186

Re: What if I have enough money?

I was going to suggest a SPIA in your future, but you don't even want to let your current available annuity (SS) increase to provide more COLA'd income for the rest of your life. I would "buy" the huge increase in SS first for more guaranteed lifetime income. It is a great pension that is...
by letsgobobby
Tue May 16, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help investing inheritance
Replies: 12
Views: 882

Re: Help investing inheritance

The only debt I have is school loans of about 35k. The advisor had said to keep paying it off each month instead of entirely since it's not effecting how I save or spend. And the interest on it isn't high. Thanks! or maybe he advised that because it meant $35k more in assets for him to manage. how ...
by letsgobobby
Mon May 15, 2017 8:59 pm
Forum: Personal Consumer Issues
Topic: Few days in Portland in July
Replies: 36
Views: 2192

Re: Few days in Portland in July

since everyone else already covered the nice cultural things to do, let me say: do not go to voodoo doughnuts. don't be that tourist :mrgreen: but do go to Blue Star donuts. There's now one at PDX, open relatively late, so you don't even have to stand in a long line. Renovated Japanese Garden brewe...
by letsgobobby
Sun May 14, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: Few days in Portland in July
Replies: 36
Views: 2192

Re: Few days in Portland in July

last weekend in Juy is the craft brew festival, big and crowded. will impact restaurant seating, etc. make reservations.
by letsgobobby
Sun May 14, 2017 12:53 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8125

Re: Home Country Bias...makes sense?

Someone will probably jump in and say that I'm ignoring the countries that outperformed the U.S. from 1900-2016 (i.e. Australia and South Africa). But in comparison to total market cap, they are tiny slivers of the market, whereas the U.S. is 53% of the global market. Just as we saw in 2008-2009, i...
by letsgobobby
Sun May 14, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else dial down retirement savings?
Replies: 32
Views: 5044

Re: Anyone else dial down retirement savings?

are there some numbers between 0 and 45,000?
by letsgobobby
Sat May 13, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: best genealogy test for geographic origin
Replies: 9
Views: 779

Re: best genealogy test for geographic origin

Cantonese to Hawaii in the late 1800s; and Ash Jew supposedly from Belarus about the same time.
by letsgobobby
Sat May 13, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Flagship Select?
Replies: 16
Views: 3191

Re: Vanguard Flagship Select?

For a Boglehead, there is very little in real benefits between Flagship and Flagship select. VG recently reduced the AUM for this level from 10M to 5M. However, the lower expense ratios apply to a fund total, not your account total. So, if you have a diversified portfolio like me, you would need 5M...
by letsgobobby
Sat May 13, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8125

Re: Home Country Bias...makes sense?

some people believe they can predict the future and they should invest accordingly. I don't know why those folks buy anything other than the next Apple; why waste their time with S&P500 indexes and all the 499 stocks that won't be the best performer over the next 50 years? Internally consistent ...
by letsgobobby
Sat May 13, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8125

Re: Home Country Bias...makes sense?

The one thing that concerns me the most about investing outside the US and Europe is insider trading and the like. Enough shenanigans go on in the US where we have really good watchdogs. How good is enforcement in Asia and developing countries? They are very lax on intellectual property rights, and...
by letsgobobby
Sat May 13, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: best genealogy test for geographic origin
Replies: 9
Views: 779

Re: best genealogy test for geographic origin

It would also help if you are more specific about your desired goal. Are you looking to trace one line of your tree or the average across all the branches? as much detail as possible regarding the geographic origins of maternal and paternal blood lines. The ethnic origins are fairly clear. And to k...
by letsgobobby
Sat May 13, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: recent widow needs help with life insurance payout options
Replies: 44
Views: 2876

Re: recent widow needs help with life insurance payout options

I would assume the insurance company is not going to press her to take the lump sum. In fact some insurance companies make the 'default' that they keep the funds until requested by the beneficiary. Therefore the OP can take her time, research her options - and then decide. I agree though, I would re...
by letsgobobby
Sat May 13, 2017 1:57 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8125

Re: Home Country Bias...makes sense?

I'm about 95% U.S., though I would like to own more international SC. It isn't in my 401k, so I only access it currently through my IRA. Considering that over the last 45 years, the U.S. market has earned over 3% more than the rest of the world, I'm not interested in owning the global ex-U.S. marke...
by letsgobobby
Sat May 13, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: recent widow needs help with life insurance payout options
Replies: 44
Views: 2876

Re: recent widow needs help with life insurance payout options

option 2 isn't really an annuity because the principal may be withdrawn at any time. it's more like an interest bearing savings account, though not fdic insured.
by letsgobobby
Sat May 13, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8125

Re: Home Country Bias...makes sense?

I feel like most of the above concerns are typically reflected in market prices of assets. that is, everyone knows accounting standards in Pakistan and Ecuador and Algeria and the US may be different, and asset prices already reflect that knowledge. the few issues that are not addressed by asset pri...
by letsgobobby
Sat May 13, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: "simultaneous death" of IRA owner and spousal beneficiary
Replies: 13
Views: 1220

Re: "simultaneous death" of IRA owner and spousal beneficiary

this is concerning. it appears years of planning could be for naught if the surviving spouse does not have the opportunity to retitle inherited accounts. having these accounts settle by probate would be disastrous, and I believe we would lose the stretch as well? does the IRS not provide some kind o...
by letsgobobby
Sat May 13, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: "simultaneous death" of IRA owner and spousal beneficiary
Replies: 13
Views: 1220

"simultaneous death" of IRA owner and spousal beneficiary

Say my father has an IRA, and mom is beneficiary. They both die simultaneously, or within a few days or weeks of each other - important point being, the survivor does not have any opportunity to do anything with the inherited account. What are the implications to the secondary beneficiaries with res...
by letsgobobby
Sat May 13, 2017 10:20 am
Forum: Personal Consumer Issues
Topic: best genealogy test for geographic origin
Replies: 9
Views: 779

best genealogy test for geographic origin

there is a good long thread about 'geneaology tests' but I am hoping to identify the best test or combination of tests for finding the most detailed information possible about the geographic orgins of one's ancestors, going back 100-300 years. By detailed I mean, for instance, a specific region of C...
by letsgobobby
Fri May 12, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: Do I have a problem in the backyard in need of a professional?
Replies: 31
Views: 3326

Re: Do I have a problem in the backyard in need of a professional?

our mole holes look nothing like that. ours are flatter and wider with a more uniform texture. Of course that could have something to do with your soil vs ours, but all the mole holes around here look exactly the same, which is to say - not like yours.
by letsgobobby
Fri May 12, 2017 9:23 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2678
Views: 731737

Re: What Movie Have You Recently Watched?

hidden figures. despite the sanitization, the principals and history are so compelling that I loved the movie. especially rewarding taking my daughter.
by letsgobobby
Fri May 12, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1078

Re: Unique HSA/HDHP Situation

I don't think the drug manufacturer paid anything to your insurance company. Sounds like the insurance company is just not seeing the discounted bill and believes that you are paying the full co-pay amount. It's a billing error in your favor. Well, according to the receipt and the explanation of be...
by letsgobobby
Fri May 12, 2017 12:54 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1523

Re: Yellowstone Itinerary

strongly suggest nailing down lodging ASAP. I looked at every lodge in the park around June 28 and found nothing. West Yellowstone was also booking up fast and this was 2 months ago. Bring: patience (huge crowds) bear spray (I do carry it in the Northern Rockies) a map (don't wander off the boardwal...
by letsgobobby
Thu May 11, 2017 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: in laws social security options
Replies: 3
Views: 346

Re: in laws social security options

thank you both - that confirms what both my MIL and I thought would be their best option. FIL sort of wants the money now, seeing as how he lost out on 5 years of SS eligibility he doesn't want to gamble on not 'getting anything' in the event MIL dies early. I will let them have that debate, at leas...
by letsgobobby
Thu May 11, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: in laws social security options
Replies: 3
Views: 346

in laws social security options

MIL turns 66 this Summer. Her SS benefit would be about $2200. She has not received any SS income yet. FIL turns 70 this June, but his SS info says he turns 65 (long story - immigrant). He has been taking SS since they say he turned 62 (he turned 67) and his benefit is $1250 per mo. MIL wants to kno...
by letsgobobby
Thu May 11, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: any concern about keeping large amount of cash at Vanguard
Replies: 24
Views: 2855

Re: any concern about keeping large amount of cash at Vanguard

would prefer not to have it locked up in any way, ie, CDs or even t-bills.
by letsgobobby
Thu May 11, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 118
Views: 14758

Re: Best DNA genealogy testing kits

how precise is the location info? at ancestry for instance it says, "southern Asia." is that as good as it gets, or does it paint a particular region of India (for example)? I am looking to hone in through genetics or shared family tree information on a specific country if not region. for ...
by letsgobobby
Thu May 11, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: any concern about keeping large amount of cash at Vanguard
Replies: 24
Views: 2855

Re: any concern about keeping large amount of cash at Vanguard

thought vanguard federal mm was closed to new investors for many years, but I don't see mention of it now.
by letsgobobby
Thu May 11, 2017 3:16 am
Forum: Personal Finance (Not Investing)
Topic: best resources for executor
Replies: 7
Views: 681

Re: best resources for executor

So far the reading I've done says to avoid any potential conflicts of interest as an executor. For instance it suggests not engaging in any business with the estate. In my case I will owe a debt to the estate, as my parents' trust holds the mortgage note on my rental. Is this a problem? Obviously th...
by letsgobobby
Thu May 11, 2017 3:13 am
Forum: Personal Finance (Not Investing)
Topic: Can you suggest a mortgage lender who does not resell
Replies: 67
Views: 4362

Re: Can you suggest a mortgage lender who does not resell

I have read that jumbo loans are much less likely to be sold. Our jumbo is still serviced by US Bank, whereas all our prior conforming loans/refinances through various regional banks and online mortgage lenders were resold, almost immediately.
by letsgobobby
Thu May 11, 2017 3:06 am
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 118
Views: 14758

Re: Best DNA genealogy testing kits

I suggest you take the autosomal DNA test at Ancestry.com, and then transfer the raw DNA data for free to Gedmatch.com and to FTDNA.com. Ancestry has the largest data base among other things. Gedmatch has several interesting features such as chromosome browser comparisons, multiple programs for eth...
by letsgobobby
Thu May 11, 2017 1:15 am
Forum: Personal Finance (Not Investing)
Topic: How to be an executor
Replies: 16
Views: 1587

Re: How to be an executor

my similar recent thread with a few additional links and resources

viewtopic.php?f=2&t=216393
by letsgobobby
Thu May 11, 2017 1:03 am
Forum: Personal Finance (Not Investing)
Topic: any concern about keeping large amount of cash at Vanguard
Replies: 24
Views: 2855

any concern about keeping large amount of cash at Vanguard

If you had a to keep a large amount of cash for 6-18 months, would you feel comfortable having it all at Vanguard? This is many multiples of the FDIC limit, would be very onerous to have so many separate bank accounts. But I would do it if you Bogleheads felt it was not prudent otherwise.
by letsgobobby
Wed May 10, 2017 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - liquidate before or after transfer?
Replies: 24
Views: 1429

Re: Inherited IRA - liquidate before or after transfer?

what are the detailed, mechanical steps involved in inheriting and retitling an inherited IRA? Typical situation, decedent dies, leaves IRA to 2 adult children in equal portions. Assume decedent was already taking RMDs. What paperwork needs to be submitted? What decisions do the beneficiaries or ex...
by letsgobobby
Wed May 10, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA - liquidate before or after transfer?
Replies: 24
Views: 1429

Re: Inherited IRA - liquidate before or after transfer?

what are the detailed, mechanical steps involved in inheriting and retitling an inherited IRA? Typical situation, decedent dies, leaves IRA to 2 adult children in equal portions. Assume decedent was already taking RMDs. What paperwork needs to be submitted? What decisions do the beneficiaries or exe...

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