Search found 69 matches

by van_sun_38
Fri Jul 10, 2020 12:29 pm
Forum: Personal Investments
Topic: Am I eligible for Mega Backdoor Roth? And should I?
Replies: 2
Views: 315

Am I eligible for Mega Backdoor Roth? And should I?

Hi Bogleheads, I am exploring the option of converting after tax 401k into Roth IRA. I am currently nearly at the maximum of 401k contribution for this year as well as Roth IRA. My employer does offer After tax contribution. I emailed HR in regard of the withdrawal rules and this is what they got ba...
by van_sun_38
Thu Jul 09, 2020 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: How long after you refinance does your new payment get updated?
Replies: 10
Views: 610

Re: How long after you refinance does your new payment get updated?

We signed our refinance docs on 7/1 and payoff amount went to prev lender on 7/7. We paid interest till 7/17 as that is how the new lender does in terms of buffer. So the old one will send us a small check for interest from 7/7 to 7/17. As for the new lender asking for payments, they said our first...
by van_sun_38
Thu Jul 09, 2020 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: How long after you refinance does your new payment get updated?
Replies: 10
Views: 610

Re: How long after you refinance does your new payment get updated?

We signed our refinance docs on 7/1 and payoff amount went to prev lender on 7/7. We paid interest till 7/17 as that is how the new lender does in terms of buffer. So the old one will send us a small check for interest from 7/7 to 7/17. As for the new lender asking for payments, they said our first...
by van_sun_38
Thu Jul 09, 2020 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How long after you refinance does your new payment get updated?
Replies: 10
Views: 610

How long after you refinance does your new payment get updated?

We just recently refinanced our house. It closed on Jun 30th. Our first mortgage payment is the first of the month so we still paid the old (higher) mortgage on 7/1. I just check our mortgage website and none of the loan amount, the payment or the rate is updated. My question is: how long after you ...
by van_sun_38
Thu Jun 25, 2020 4:30 pm
Forum: Personal Investments
Topic: Is Roth 401k worth it if I want to retire before 65?
Replies: 23
Views: 1932

Re: Is Roth 401k worth it if I want to retire before 65?

This is what my plan (Vanguard) allows: EMPLOYEE PRE-TAX ROTH DEFERRAL EMPLOYEE AFTER-TAX I have never thought of the last one. What are the advantages of the EMPLOYEE AFTER-TAX? In short, it can be a way to get more money into Roth accounts if your plan allows "in service distributions" or "in pla...
by van_sun_38
Thu Jun 25, 2020 4:16 pm
Forum: Personal Investments
Topic: Is Roth 401k worth it if I want to retire before 65?
Replies: 23
Views: 1932

Re: Is Roth 401k worth it if I want to retire before 65?

My assumption is that it's always best to maximize 401 contribution but I guess it's not always the case. My tax bracket is 22%. I suggest making maximum annual employee contributions to the 401k, don't reduce contributions. I suggest making traditional tax-deductible contributions the 401k instead...
by van_sun_38
Thu Jun 25, 2020 1:24 pm
Forum: Personal Investments
Topic: Is Roth 401k worth it if I want to retire before 65?
Replies: 23
Views: 1932

Re: Is Roth 401k worth it if I want to retire before 65?

Thanks everyone for the feedback. It seems like I still have a lot to learn about! My assumption is that it's always best to maximize 401 contribution but I guess it's not always the case. My tax bracket is 22%. This is what Vanguard have on their website: "Withdrawals from a Roth 401(k) are tax-fre...
by van_sun_38
Thu Jun 25, 2020 1:14 pm
Forum: Personal Investments
Topic: Is Roth 401k worth it if I want to retire before 65?
Replies: 23
Views: 1932

Re: Is Roth 401k worth it if I want to retire before 65?

For people who want to retire earlier or already retire early, what is your strategy in contributing to 401k? The earlier you want to retire, the more likely traditional accounts at work, and traditional IRAs if deductible, will work best. See Investment Order and Prioritizing investments for more ...
by van_sun_38
Wed Jun 24, 2020 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Should I put more money to reduce loan amount (mortgage)?
Replies: 5
Views: 816

Re: Should I put more money to reduce loan amount (mortgage)?

Hyperchicken wrote:
Wed Jun 24, 2020 5:41 pm
What are you other savings? Why $20k? If this is all you have available, you probably should not.
No it's not part of my emergency funds. We have enough savings, just thought that it would be nice to pay down the loan amount.
by van_sun_38
Wed Jun 24, 2020 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I put more money to reduce loan amount (mortgage)?
Replies: 5
Views: 816

Should I put more money to reduce loan amount (mortgage)?

Hi, We are in the middle of refinancing our current house. We purchased it in 2016 with 3.7% rate and was able to get to 3.25% on 30 year term. Currently it fits our needs but I can see we outgrow it if we have another kid (next 5-7 years). Should we put extra $20k to reduce the loan amount if we mi...
by van_sun_38
Wed Jun 24, 2020 2:15 pm
Forum: Personal Investments
Topic: Is Roth 401k worth it if I want to retire before 65?
Replies: 23
Views: 1932

Is Roth 401k worth it if I want to retire before 65?

I have been maximizing my 401k contribution. We have a goal to retire by 55 (60 years old the latest). We are in early 30s now. Right now I am splitting 50/50 between Roth and Pretax 401k since I don't know which tax bracket I will be when I am retired. Recently I have been debating to just do Pre-t...
by van_sun_38
Thu Jun 18, 2020 11:47 am
Forum: Personal Consumer Issues
Topic: How to cut cable without sacrificing good internet
Replies: 27
Views: 2211

Re: How to cut cable without sacrificing good internet

I just pay the extra $5-10 per month to be on an Internet-only plan. Honestly, it worked out to be cheaper in the sense of both time and money than trying to mess with any bundles, and all the headaches that come with that route. The viability of this plan will depend on your provider though, as no...
by van_sun_38
Wed Jun 17, 2020 5:47 pm
Forum: Personal Consumer Issues
Topic: How to cut cable without sacrificing good internet
Replies: 27
Views: 2211

Re: How to cut cable without sacrificing good internet

What are your cable internet competitors? We have internet only. We have 2 cable internet providers to flip to. They work to undercut each other. 150mb is $60/month. YouTube TV is $50. Not zero, but $55/month adds up over the years. We had Dish or Direct in the past, so still needed internet only. ...
by van_sun_38
Wed Jun 17, 2020 5:09 pm
Forum: Personal Consumer Issues
Topic: How to cut cable without sacrificing good internet
Replies: 27
Views: 2211

Re: How to cut cable without sacrificing good internet

Ordering a cola at the same time as your Big Mac doesn't make the Big Mac any better. You don't need TV, VOIP phone, cell phone, or whatever else Comcast sells to have "very good internet service," whatever that means. Just pay for the speed of internet service you need, whether from Comcast or ano...
by van_sun_38
Wed Jun 17, 2020 4:02 pm
Forum: Personal Consumer Issues
Topic: How to cut cable without sacrificing good internet
Replies: 27
Views: 2211

How to cut cable without sacrificing good internet

Right now we pay too much ($165) for cable because we got into this "internet bundle" with Camcast/Xfinity for "very good Internet service". What other way to get good internet without paying for the cable? They also heard of the "phone bundle" where we get 1GB per month for like $20 extra. Should w...
by van_sun_38
Wed Jun 17, 2020 11:33 am
Forum: Personal Investments
Topic: Should I keep Vanguard GNMA Fund Investor Shares (VFIIX)?
Replies: 7
Views: 337

Re: Should I keep Vanguard GNMA Fund Investor Shares (VFIIX)?

GNMA is a perfectly fine fund to hold and I would expect it's returns to be closer to TBM Index over long periods, but with slightly less risk. If you simplify, what does that mean? do you hold another bond fund in those accounts, if so you may wish to consolidate. I have Vanguard Intermediate-Term...
by van_sun_38
Wed Jun 17, 2020 11:30 am
Forum: Personal Investments
Topic: Should I keep Vanguard GNMA Fund Investor Shares (VFIIX)?
Replies: 7
Views: 337

Re: Should I keep Vanguard GNMA Fund Investor Shares (VFIIX)?

livesoft wrote:
Wed Jun 17, 2020 11:04 am
If you sell the shares, what are you going to do with the money?
I might just exchange for total bond fund.
by van_sun_38
Wed Jun 17, 2020 11:02 am
Forum: Personal Investments
Topic: Should I keep Vanguard GNMA Fund Investor Shares (VFIIX)?
Replies: 7
Views: 337

Should I keep Vanguard GNMA Fund Investor Shares (VFIIX)?

I have a small amount of Vanguard GNMA Fund Investor Shares (VFIIX) (less than 4% of my total portfolio) in both Roth IRA and taxable account. According to Vanguard it has the return rate of 2.9% in 5 years. Should I keep this fund in the low rate environment? I want to simplify my portfolio. Should...
by van_sun_38
Wed Jun 10, 2020 3:21 pm
Forum: Personal Investments
Topic: When to rebalance?
Replies: 5
Views: 412

Re: When to rebalance?

delamer wrote:
Tue Jun 09, 2020 1:20 pm
Determine your criteria for rebalancing in advance. Here is guidance from the wiki: https://www.bogleheads.org/wiki/Rebalan ... approaches
Thanks for the info! This is helpful. I didn't know there are so many approaches to this!
by van_sun_38
Wed Jun 10, 2020 3:20 pm
Forum: Personal Investments
Topic: Vanguard money market fund negative balance- what does that mean?
Replies: 6
Views: 1182

Re: Vanguard money market fund negative balance- what does that mean?

Thank you all! I just transferred $ from my bank to the account to make up for it!
by van_sun_38
Wed Jun 10, 2020 3:18 pm
Forum: Personal Consumer Issues
Topic: Trip to Alaska in August/Sep
Replies: 17
Views: 1673

Re: Trip to Alaska in August/Sep

I have always gotten great advice from this forum and I appreciate it. Looking for family trip (four active adults) to AK. Looking for comfortable lodging, but maxing out adventures daily. Probably there for a week to 10 days. Where to fly into from CA? Best things to do? Would like to see a glacie...
by van_sun_38
Tue Jun 09, 2020 12:54 pm
Forum: Personal Investments
Topic: When to rebalance?
Replies: 5
Views: 412

When to rebalance?

Hi Bogleheads, New and confused investor. I remember listening to Choose FI podcast and the recommendation was something like: the best time to re balance is when the market is "boring", meaning little volatility. However, lately in the forum, I keep hearing people who re-balanced (selling bonds and...
by van_sun_38
Tue Jun 09, 2020 12:45 pm
Forum: Personal Investments
Topic: Vanguard money market fund negative balance- what does that mean?
Replies: 6
Views: 1182

Vanguard money market fund negative balance- what does that mean?

Hi Bogleheads, New investor here. I recently bought some stocks using the Vanguard money market fund. I had some balance there but wasn't enough. I thought that I needed to put more money before I could buy the stocks but it turns out the transaction was completed. Now the balance is negative. What ...
by van_sun_38
Thu Jun 04, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 60
Views: 3835

Re: What cellphone plan do you recommend?

If you have Xfinity (Comcast) internet then Xfinity Mobile is a pretty great deal. Can pay by the gig or get unlimited and mix and match between lines. We do by the gig since we're often on wifi (I work from home, so no commute) and our bill including taxes is usually $35-50/mo for three people (we...
by van_sun_38
Thu Jun 04, 2020 1:32 pm
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 60
Views: 3835

Re: What cellphone plan do you recommend?

Thanks for all the suggestions. I just dropped the protection plan and also removed my brother's line from the plan. That reduced the bill by over $60. Still discussing with my spouse on the best phone options but it's a good start! Just curious, what is a basic phone plan do you suggest for my brot...
by van_sun_38
Wed Jun 03, 2020 5:45 pm
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 60
Views: 3835

Re: What cellphone plan do you recommend?

Thanks for all suggestions. A lot options to consider! What do you think of Comcast Xfinity $12 per month per GB?
by van_sun_38
Wed Jun 03, 2020 5:42 pm
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 60
Views: 3835

Re: What cellphone plan do you recommend?

Phone insurance is not cheap. Have you ever lost or broken a phone? Make sure you understand what you get for it, and whether it's really worth paying for. If people needed it as much as they thought they would, it would be a lot more expensive than it is. I have not, but my spouse has twice :oops:
by van_sun_38
Tue Jun 02, 2020 4:16 pm
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 60
Views: 3835

What cellphone plan do you recommend?

Hi Bogleheads, I just started tracking my expenses and realized we pay over $150 monthly for our phone plan. We do pay for my brother who is still in college. Also $15 phone protection per month which I am not sure how useful it is, but my spouse really wants it. Right now we have Unlimited data wit...
by van_sun_38
Thu May 28, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with Chase Ultimate Rewards points?
Replies: 43
Views: 3924

Re: What to do with Chase Ultimate Rewards points?

(Posted in another thread https://www.bogleheads.org/forum/viewtopic.php?f=2&t=300020&p=5279543#p5279543 but relevant to this one) Redeem through Sep 30 at travel portal rates (1.5 cent/point for Reserve, 1.25 cent/point for Preferred) for statement credits of purchases at grocery stores, dining (i...
by van_sun_38
Thu May 28, 2020 11:22 am
Forum: Personal Finance (Not Investing)
Topic: What to do with Chase Ultimate Rewards points?
Replies: 43
Views: 3924

Re: What to do with Chase Ultimate Rewards points?

(Posted in another thread https://www.bogleheads.org/forum/viewtopic.php?f=2&t=300020&p=5279543#p5279543 but relevant to this one) Redeem through Sep 30 at travel portal rates (1.5 cent/point for Reserve, 1.25 cent/point for Preferred) for statement credits of purchases at grocery stores, dining (i...
by van_sun_38
Fri May 22, 2020 9:31 pm
Forum: Personal Investments
Topic: Strategy for selling single stock
Replies: 6
Views: 535

Re: Strategy for selling single stock

delamer wrote:
Fri May 22, 2020 4:41 pm
Are the stocks part of your retirement savings or for some other purpose?

If they are for retirement, how close are you?
They are not for retirement. They are more like "fun fund" but now not so "fun" anymore :shock: I am in mid 30s so still long way until retirement.
by van_sun_38
Fri May 22, 2020 4:22 pm
Forum: Personal Investments
Topic: Strategy for selling single stock
Replies: 6
Views: 535

Strategy for selling single stock

I used to work for airline and got their stocks through ESPP. I accumulated quite a portion back then and forgot to sell them :oops: Now the stocks are tanking. I have a healthy EF and don't need cash at this moment but I am still interested in selling the stock to buy index fund. Plus the chance of...
by van_sun_38
Fri May 22, 2020 12:50 pm
Forum: Personal Investments
Topic: Bond questions: Adding foreign bonds? Bond Tax implication
Replies: 9
Views: 351

Re: Bond questions: Adding foreign bonds? Bond Tax implication

I don't understand the foreign bond hate. Higher return, lower std.dev., higher sharpe ratio. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&ann...
by van_sun_38
Thu May 21, 2020 5:27 pm
Forum: Personal Investments
Topic: Bond questions: Adding foreign bonds? Bond Tax implication
Replies: 9
Views: 351

Re: Bond questions: Adding foreign bonds? Bond Tax implication

1. I ignore the advice to buy foreign bonds. Many do the same. You will have to decide if foreign bonds has a place in your portfolio. They don't add much safety and they don't add much return. 2. The interest/dividends are exempt from Federal tax. State tax may still apply. You do still pay tax on...
by van_sun_38
Thu May 21, 2020 5:26 pm
Forum: Personal Investments
Topic: Bond questions: Adding foreign bonds? Bond Tax implication
Replies: 9
Views: 351

Re: Bond questions: Adding foreign bonds? Bond Tax implication

I don't understand the foreign bond hate. Higher return, lower std.dev., higher sharpe ratio. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&ann...
by van_sun_38
Thu May 21, 2020 12:48 pm
Forum: Personal Investments
Topic: Bond questions: Adding foreign bonds? Bond Tax implication
Replies: 9
Views: 351

Bond questions: Adding foreign bonds? Bond Tax implication

Hi Bogleheads members, I have 2 questions regarding bonds: 1) I just ran the Vanguard Portfolio Watch analysis and one of the recommendations is: "Adding some currency-hedged, foreign bonds could potentially increase your portfolio diversification. An allocation of about 20% to 50% of your bonds in ...
by van_sun_38
Wed May 20, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Really feels like posts like this are brag posts about how wealthy they are I wish that was the case.. Reality is that we both work for hospitality/tourism related industries, so the future doesn't look too bright right now. Just trying to get some perspectives as a lot of people here have more exp...
by van_sun_38
Wed May 20, 2020 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Thank you for all your recommendations. I have decided to allocate the EF as follow:
32% in high yield accounts
42% in CDs and bonds
26% investing in total market

This is to be reevaluated in 6 months.
by van_sun_38
Wed May 20, 2020 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Thanks, is there any disadvantage to put too much in Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares? I was thinking of putting ~100k there. Would you recommend dividing it up to other Bond account(s)? I own VWIUX and think that it's a good fund...with high quality holdings. It dropped pr...
by van_sun_38
Tue May 19, 2020 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for grocery rewards
Replies: 37
Views: 2884

Best credit card for grocery rewards

Now that the majority of our spending goes to groceries, I am curious what do you recommend in terms of best credit card for earning rewards in that category? I have a Discovery card that earns 5% in grocery for 3 months ( Jan-Mar) but now we hardly spend on anything else so it's not really useful. ...
by van_sun_38
Tue May 19, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Thanks, is there any disadvantage to put too much in Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares? I was thinking of putting ~100k there. Would you recommend dividing it up to other Bond account(s)? I own VWIUX and think that it's a good fund...with high quality holdings. It dropped pr...
by van_sun_38
Tue May 19, 2020 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Do your homework, do the math, and shop around...but consider this.... #1 30K in High Yield Savings 100K in a 2% CD....2-5 years...I like 5 70K in VWIUX or BMBIX...high quality intermediate muni funds..if your tax bracket allows. What do you mean by "if your tax bracket allows? I am not familiar wi...
by van_sun_38
Sun May 17, 2020 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Three years of emergency fund too much in this time? Yes. Unquestionably. I'd disagree that it's not that personal, as well. I can concede that 6 months is a rather personal decision. However, three years, especially for a two income family, is simply a waste. Does that three years include UI? Does...
by van_sun_38
Sun May 17, 2020 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Yes, three years of emergency fund is too much. At that point, it is no longer an emergency fund and is instead a significant portion of your asset allocation. It's fine if you determine that an asset allocation with cash is appropriate for your risk tolerance, but I feel calling it an "emergency f...
by van_sun_38
Sun May 17, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

Do your homework, do the math, and shop around...but consider this.... #1 30K in High Yield Savings 100K in a 2% CD....2-5 years...I like 5 70K in VWIUX or BMBIX...high quality intermediate muni funds..if your tax bracket allows. What do you mean by "if your tax bracket allows? I am not familiar wi...
by van_sun_38
Sun May 17, 2020 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Re: Three years of emergency fund too much in this time?

If you do buy a rental house, you really need to consider that any renters could be hit by covid and be incapable of paying the rent. Having watched my dad and father in law go through this, although not due to covid, they had to deal with renters who would find free legal aid and drag eviction out...
by van_sun_38
Sun May 17, 2020 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Three years of emergency fund too much in this time?
Replies: 39
Views: 4379

Three years of emergency fund too much in this time?

I know it totally depends on personal preference but I wonder if I am missing out on something if I keep too much emergency fund (currently in high yield saving account). This is my situation: Double income family with one year old kid in HCLA. We have maxed out on 401k, Roth IRA and also have aroun...
by van_sun_38
Tue May 12, 2020 11:28 am
Forum: Personal Investments
Topic: Thoughts about VDADX in Roth IRA?
Replies: 31
Views: 1520

Re: Thoughts about VDADX in Roth IRA?

We actually just open a Roth IRA for my daughter (1 year old) college fund. So long horizon. I am thinking of total US market stock and total bond index Still need to think of what is a good ratio. Thanks for the input! Does a 1 year old daughter qualify for a Roth IRA? I think you need to have ear...
by van_sun_38
Mon May 11, 2020 3:38 pm
Forum: Personal Investments
Topic: Thoughts about VDADX in Roth IRA?
Replies: 31
Views: 1520

Re: Thoughts about VDADX in Roth IRA?

We actually just open a Roth IRA for my daughter (1 year old) college fund. So long horizon. I am thinking of total US market stock and total bond index Still need to think of what is a good ratio. Thanks for the input! Does a 1 year old daughter qualify for a Roth IRA? I think you need to have ear...
by van_sun_38
Mon May 11, 2020 3:08 pm
Forum: Personal Investments
Topic: Thoughts about VDADX in Roth IRA?
Replies: 31
Views: 1520

Re: Thoughts about VDADX in Roth IRA?

So if I want an allocation of 70/30, I should probably build my bond allocation in Roth IRA. I think maybe someone should comment on the bolded portion above? van_sun_38 - I don't think there is a "should" with bond investing - as you read in the posts above, it depends on your total portfolio, inc...