Search found 26 matches

by ZMonet
Tue Apr 21, 2020 7:44 am
Forum: Investing - Theory, News & General
Topic: Tax-loss Harvesting Timing
Replies: 9
Views: 488

Re: Tax-loss Harvesting Timing

Thanks, Livesoft, Desiderium, and BruinBones. Very helpful! I set the cost basis method as specific identification but, as Desiderium pointed out, Vanguard says I'll need to wait because my information isn't available yet. In the interim, I'll read up.
by ZMonet
Tue Apr 21, 2020 7:14 am
Forum: Investing - Theory, News & General
Topic: Tax-loss Harvesting Timing
Replies: 9
Views: 488

Tax-loss Harvesting Timing

My wife and I have been investing in strictly index funds for the last 10+ years. Since the market was largely going up during that time, I never really focused on tax-loss harvesting. I also didn't think it was applicable to me because I thought that you could only tax-loss harvest on the totality ...
by ZMonet
Fri Apr 17, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA and Coronavirus
Replies: 15
Views: 541

Re: Dependent Care FSA and Coronavirus

If not used, funds will be forfeited. (If I read the rules correctly, it looks like a company could possibly return the funds to employees at their discretion?) My understanding is that forfeited funds go back to the organization. Something seems intrinsically unfair about that if some allowance is...
by ZMonet
Fri Apr 17, 2020 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA and Coronavirus
Replies: 15
Views: 541

Re: Dependent Care FSA and Coronavirus

What if you have had money deducted but will now (likely) have no opportunity to use the funds?
by ZMonet
Wed Mar 11, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: Subjective Feelings of Market Crashes and Bottoms
Replies: 24
Views: 1368

Re: Subjective Feelings of Market Crashes and Bottoms

I can't remember the exact feeling, but this is nowhere like the GR as of yet. At least around me, people were seriously talking about contingency plans (stockpiling food, etc.) in case the financial system broke. The market just kept grinding lower and lower and lower. Banks were failing or were go...
by ZMonet
Mon Mar 09, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: Who here is buying stocks today and how much?
Replies: 295
Views: 25691

Re: Who here is buying stocks today and how much?

Rebalanced (effective at close) today, moving money from bonds to stocks. I'm not a market timer, but if you wanted to try and time the market taking a shot right here at right around the 20% down mark isn't a bad idea.
by ZMonet
Tue Mar 03, 2020 8:24 pm
Forum: Investing - Theory, News & General
Topic: Are CNBC all day traders?
Replies: 71
Views: 5147

Re: Are CNBC all day traders?

Looks like CNBC has a policy that staff can't own individual stocks. Makes sense. https://www.wsj.com/articles/SB107396146359990100 "Under the new policy, senior management, newsroom staff, on-air talent and their spouses and dependents will be prohibited from owning individual stocks and bonds and ...
by ZMonet
Fri Feb 14, 2020 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Help find balance between saving vs spending: married and 3 young kids
Replies: 55
Views: 3960

Re: Help find balance between saving vs spending: married and 3 young kids

As others have mentioned, if you want the exotic warm vacation and don't want to have to pay a ton you need to look into travel hacking (i.e., credit card signup bonuses). Look into the Southwest Companion Pass as well as the Chase Saphire cards. Your wife being a hairdresser will likely qualify you...
by ZMonet
Wed Feb 05, 2020 12:41 pm
Forum: Personal Consumer Issues
Topic: Parents' would like fabulous 80th birthday family trip
Replies: 33
Views: 3586

Re: Parents' would like fabulous 80th birthday family trip

We've done a lot of family trips and my vote would be for Costa Rica. Time zone is great and you'd have your choice of large resort, shared home or smaller resort. The biodiversity there is amazing and there is everything from beaches to jungles, surfing to ziplining, etc. to explore. Easy to rent ...
by ZMonet
Tue Feb 04, 2020 7:21 pm
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11299

Re: Would you drive without a spare tire?

A number of sports cars don't have spares (Lexus SC430 comes to mine). They come with run-flats, but those run rough so most owners switched to regular tires. In this day and age of AAA, roadside assistance, and ubiquitous cell phones, I don't think it is that big a deal. I certainly wouldn't be car...
by ZMonet
Tue Feb 04, 2020 2:51 pm
Forum: Personal Investments
Topic: FIRED!! [Unexpectedly laid off]
Replies: 59
Views: 12829

Re: LAID OFF!!

I don't like the title of this thread. You weren't FIRED!!, you were LAID OFF (if I understand you correctly). There's a big difference here and if you will be interviewing for another job, you should use the correct terminology or you won't get hired. ( FIRED I may be wrong but I think since this ...
by ZMonet
Mon Feb 03, 2020 4:24 am
Forum: Personal Consumer Issues
Topic: Is it okay to install home monitoring cameras to watch elderly mom with dementia? What type to use?
Replies: 30
Views: 2808

Re: Is it okay to install home monitoring cameras to watch elderly mom with dementia? What type to use?

Check out the Wyze cameras at Wyze.com. I second this. You can get them on Amazon for about the same price (~$25 per camera). They have two-way audio and allow you to record to a local SD card. They are very small and not obtrusive. You can set up audio or video alerts (e.g., record and send alert ...
by ZMonet
Thu Jan 30, 2020 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Goal of Early Retirement?
Replies: 29
Views: 3593

Re: Goal of Early Retirement?

You can't control returns so you should focus on your saving and spending. This link might help:https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ From the blog post: https://www.mrmoneymustache.com/wp-content/uploads/2012/01/mmm-early-retirement-savings-r...
by ZMonet
Sun Jan 26, 2020 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone looked into pet insurance?
Replies: 25
Views: 1627

Re: Has anyone looked into pet insurance?

$1,000 for dental on a dog is crazy. On our dogs we had dentals yearly and even with multiple extractions it would be under $400. As another poster said, I'd check around on prices.
by ZMonet
Sat Jan 25, 2020 12:14 pm
Forum: Investing - Theory, News & General
Topic: Ideal Withdrawal Rate
Replies: 15
Views: 2108

Re: Ideal Withdrawal Rate

There are no guarantees, but you are right that in most historical scenarios 4%+ would leave you with money left over at death, sometimes huge amounts. Is history a good indicator of the future? Only you can answer that, unfortunately. You can run a simulation using websites like FIRECALC and cFIREs...
by ZMonet
Fri Jan 24, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18841
Views: 2634149

Re: U.S. stocks in free fall

Nothing to see here. Short-term traders are selling so as to not hold the risk over the weekend of this sickness being worse than currently known.
by ZMonet
Fri Jan 24, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: 1/8pt difference on mortgage
Replies: 8
Views: 872

Re: 1/8pt difference on mortgage

I see a much higher rate on Wells Fargo's website. At no cost, you're almost 1.5 points under their advertised APR. How did you get the rate so low?

7/1 ARM 3.000% 3.691% (APR)
by ZMonet
Sat Jan 18, 2020 3:04 pm
Forum: Personal Consumer Issues
Topic: Websites for last minute travel deals.
Replies: 8
Views: 1282

Re: Websites for last minute travel deals.

Travelzoo, as mentioned by someone else, is a pretty good way to find a package. The issue is that the best deals are often very date limited, or the dates are shoulder or even offseason. I took a quick look and saw this on there. You might be able to find your exact itinerary because I know I've se...
by ZMonet
Sat Jan 18, 2020 4:15 am
Forum: Personal Consumer Issues
Topic: cheap-o rental car chains
Replies: 46
Views: 3082

Re: cheap-o rental car chains

I rented from Alamo on my last trip through Costco. I liked that I could use the kiosk and avoid the huge line and avoid them pushing 15 different products on me in person (multiple types of insurance, car seats, GPS, roadside assistance, tollway pass, etc.) I also liked picking what car I wanted f...
by ZMonet
Tue Jan 14, 2020 7:15 pm
Forum: Personal Consumer Issues
Topic: Concrete stairs on front porch are crooked, best way to fix?
Replies: 16
Views: 1596

Re: Concrete stairs on front porch are crooked, best way to fix?

Tell the buyer that the slope is a feature to ensure water runs off the steps so they don't get too icy.
by ZMonet
Sun Jan 05, 2020 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?
Replies: 39
Views: 2838

Re: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?

I got zero paid time off but used all my vacation and some unpaid time off to take 2 months off while my wife went back to work. We staggered, she took 3 months and I took 2 months. As others have said, I wouldn't trade that time for anything. With that said, if I was "just" a backup for my spouse t...
by ZMonet
Sat Jan 04, 2020 6:47 am
Forum: Personal Finance (Not Investing)
Topic: 18 Months Until Retirement? Can I do This?
Replies: 8
Views: 1745

Re: 18 Months Until Retirement? Can I do This?

You've set yourself and family up amazingly well. I think you're more than fine. Roughly, at 70 you'll have $100k in pensions/SS and need to fill the gap in spending (approx. $44k) with the $1.4 million in investments at a 3.25% WR. You've accounted for the 60-70 years with a combo of pensions/SS an...
by ZMonet
Sat Jan 04, 2020 6:15 am
Forum: Personal Finance (Not Investing)
Topic: 18 Months Until Retirement? Can I do This?
Replies: 8
Views: 1745

Re: 18 Months Until Retirement? Can I do This?

The SS Supplement is for federal employees who retire before they can collect social security. It roughly mirrors what one would be able to collect from SS if it was available to them. The idea was to give Feds a bridge until they could collect SS, which is why it expires at 62. This has been on the...
by ZMonet
Fri Jan 03, 2020 8:28 am
Forum: Personal Consumer Issues
Topic: Used Mercedes GLE or new lease Acura
Replies: 11
Views: 1048

Re: Used Mercedes GLE or new lease Acura

Buy a used (2017 - newest body style) RDX or MDX with under 50,000 miles so that it qualifies for an extended Acura warranty. You should be able to buy an extended warranty out to 105,000 miles/5 years for around $2400 or so. The peace of mind might be worth it to you -- or maybe not. Understand tha...
by ZMonet
Wed Jan 01, 2020 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Parents vs. Kids Paying for College
Replies: 171
Views: 6869

Re: Parents vs. Kids Paying for College

For us, we view the entire family as a single team. And we are all actively engaged (or at the ready) to help and assist each other in being successful in all endeavors. So for college, yes, we are all engaged (including the student) in doing whatever we can do to help her make a better life for he...
by ZMonet
Fri Dec 27, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up my 16 year old son for financial success
Replies: 62
Views: 4645

Re: Setting up my 16 year old son for financial success

You could pay him to do work around the house as long as you keep an accounting and pay him market value for his services. You could then match any investment into a custodial Roth in his name. Sure, it would only be $500 or so per year but it would get him to exercise his fiscal muscles.