Search found 372 matches

by tashnewbie
Tue Jul 14, 2020 2:33 pm
Forum: Personal Investments
Topic: New home construction Loan
Replies: 2
Views: 90

Re: New home construction Loan

Why are you moving from your current home? I'm assuming it no longer meets your needs in some regard.

Would you be able to get a better rate than 3.7% on the "physician loan" if you put some money down, even if not 20%?
by tashnewbie
Tue Jul 14, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Death of estranged parent
Replies: 19
Views: 1204

Re: Death of estranged parent

Sounds like there's nothing of real value that would be in the estate. How have you all determined that there are probably no assets? The bank accounts on which the daughter is designated as beneficiary would not be part of the probate process. If there are other significant probate assets, after sa...
by tashnewbie
Tue Jul 14, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: What would you do (Student Loans vs 401k Contributions)
Replies: 5
Views: 227

Re: What would you do (Student Loans vs 401k Contributions)

Is your program 3 years (6 semesters)? Will you continue to work at your current job the entire time you're in school?

What do you expect your HHI will be after you have your MBA?
by tashnewbie
Tue Jul 14, 2020 10:04 am
Forum: Personal Consumer Issues
Topic: Gardening 2020
Replies: 180
Views: 13237

Re: Gardening 2020

Been harvesting bush beans (I think?...green beans) for a few weeks. We decided to let one artichoke flower because the head was so small. Should happen soon. We may try to harvest seeds. Harvested 2 cucumbers over the past week. Harvested 1 okra pod last week. LOL. Harvesting the first tomato tonig...
by tashnewbie
Tue Jul 14, 2020 7:54 am
Forum: Personal Investments
Topic: Old employer's 401k - okay to leave or too expensive?
Replies: 8
Views: 619

Re: Old employer's 401k - okay to leave or too expensive?

It looks as if you have great options in your current 401k. As long as there aren’t exorbitant administrative fees, I’d rollover the old 401k balance into the current 401k. This keeps things simple. Although you can contribute to a Roth IRA directly now, in the future, if your income rises above the...
by tashnewbie
Tue Jul 14, 2020 7:45 am
Forum: Personal Investments
Topic: What should I do with my money next?
Replies: 9
Views: 1211

Re: What should I do with my money next?

I don’t think it’s true that a taxable brokerage account is only worthwhile if you’re “saving for something big,” unless you consider retirement something big. After maxing tax-advantaged accounts, there’s really no other option for investing money but a brokerage account. It probably doesn’t make s...
by tashnewbie
Mon Jul 13, 2020 8:17 pm
Forum: Personal Investments
Topic: Invest in mediocre 401k?
Replies: 13
Views: 660

Re: Invest in mediocre 401k?

It really depends on your marginal tax bracket. If you’re in 12%, probably doesn’t make sense to defer taxes, especially with higher ER fund options in the 401k.

Does husband have access to a 403b or 457?
by tashnewbie
Mon Jul 13, 2020 8:03 pm
Forum: Personal Investments
Topic: First time poster, new portfolio evaluation
Replies: 3
Views: 237

Re: First time poster, new portfolio evaluation

Welcome and congrats on paying off the student loans!! I think you can definitely afford a house in the range you stated. You could put down 20% now on a $625k house, so you’d have quite a bit more than that if you save for another 1-2 years. What kind and how much house does the stated range buy in...
by tashnewbie
Mon Jul 13, 2020 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy: Follow-up question
Replies: 9
Views: 539

Re: Umbrella Policy: FOLLOW UP QUESTION

I have auto and renters' insurance with GEICO and got umbrella for about $150 (I think). I did have to increase auto to at least $300k/$300k and renters' to $100k. With all of the increases, I think umbrella is about an extra $15/month for me. ETA: I'm in VA. Umbrella premiums will vary depending on...
by tashnewbie
Mon Jul 13, 2020 8:09 am
Forum: Personal Investments
Topic: Teens - Roth IRA - Allocation
Replies: 19
Views: 880

Re: Teens - Roth IRA - Allocation

I don't think 100% stock allocation is unreasonable for people this young.

Just make sure they have the requisite earned income for the years they want to make the Roth IRA contributions.
by tashnewbie
Sun Jul 12, 2020 11:28 am
Forum: Personal Investments
Topic: Portfolio Review - Open Taxable vs Pay Down Mortgage
Replies: 13
Views: 890

Re: Portfolio Review - Open Taxable vs Pay Down Mortgage

Welcome! You didn’t list expense ratios for any of the funds, but I’m assuming the S&P 500 index fund in your 401k is relatively low given that it’s an index fund. If I were you, I’d transfer your Rollover and TIRA balances (assuming it’s all pretax) into your 401k. Confirm with the plan administrat...
by tashnewbie
Sat Jul 11, 2020 2:48 pm
Forum: Personal Investments
Topic: Brokerage/Roth IRA portfolio feedback (24 years old)
Replies: 2
Views: 165

Re: Brokerage/Roth IRA portfolio feedback (24 years old)

Welcome!! I think you’re off to a great start at your age. I’ll leave it to others who are more experienced than I am to offer you advice about your specific questions.i just have one general question: 4: do you not have access to a retirement plan at work (401k etc)? That’d probably be a better pla...
by tashnewbie
Sat Jul 11, 2020 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on a more livable place
Replies: 54
Views: 3822

Re: Advice on a more livable place

I’d recommend renting for a while, probably at least a year, wherever you go, so you can assess whether you really want to live there. You’ll experience all seasons, the people etc. Also, I’d probably move to a place that has decent job opportunities, in case you can’t continue to WFH and need to fi...
by tashnewbie
Sat Jul 11, 2020 9:23 am
Forum: Personal Investments
Topic: Mid 40's and just starting out (or over)
Replies: 16
Views: 2397

Re: Mid 40's and just starting out (or over)

Agree with @as9. I won’t pass judgment on your crypto holdings (I don’t think I’m informed enough to have an opinion), but you yourself say it’s too large of a %. If that’s the case, stop adding new money to it!! I’d divert the money from the 529s and crypto ($4800) into your student loans. Those wo...
by tashnewbie
Fri Jul 10, 2020 5:48 pm
Forum: Personal Investments
Topic: Best alternative for VTSAX
Replies: 24
Views: 1702

Re: Best alternative for VTSAX

I thought so too, but when the stock market starts to swoon continuously ... like what happened recently, late Feb to late March ... you may find yourself needing to continuously tax loss harvest. VTSAX --> VFIAX --> VLCAX --> now what??? { all within the space of 30 days } I guess this is where ET...
by tashnewbie
Fri Jul 10, 2020 4:50 pm
Forum: Personal Investments
Topic: Best alternative for VTSAX
Replies: 24
Views: 1702

Re: Best alternative for VTSAX

I'm asking for planning reasons. Is it really worth switching to Fidelity just because VLCAX isn't _exactly_ the same as VTSAX? I thought so too, but when the stock market starts to swoon continuously ... like what happened recently, late Feb to late March ... you may find yourself needing to conti...
by tashnewbie
Fri Jul 10, 2020 4:47 pm
Forum: Personal Investments
Topic: Best alternative for VTSAX
Replies: 24
Views: 1702

Re: Best alternative for VTSAX

I thought so too, but when the stock market starts to swoon continuously ... like what happened recently, late Feb to late March ... you may find yourself needing to continuously tax loss harvest. VTSAX --> VFIAX --> VLCAX --> now what??? { all within the space of 30 days } I guess this is where ET...
by tashnewbie
Fri Jul 10, 2020 2:50 pm
Forum: Personal Investments
Topic: Best alternative for VTSAX
Replies: 24
Views: 1702

Re: Best alternative for VTSAX

Why would you TLH from VTSAX (US equities) to VTIAX (international equities)? Instead of something like VFIAX or the large cap fund? I’d just ensure you maintain your desired US equities allocation across all your accounts.
by tashnewbie
Thu Jul 09, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: Are basic minivans/suv "luxury" cars?
Replies: 77
Views: 4034

Re: are basic minivans/suv "luxury" cars?

Inflation probably explains a lot of this. When was the last time (if ever) you purchased a new vehicle?
by tashnewbie
Thu Jul 09, 2020 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity Check 3 points about Lay Off
Replies: 19
Views: 1671

Re: Sanity Check 3 points about Lay Off

1. I’d only contribute enough to get the match for the next 4 paychecks, although I’d probably go ahead and max it if in a high federal tax bracket.

2. I’d drop life and might keep disability, depending on rates.

3. Very personal decision. Do what you think will allow you to sleep well at night.
by tashnewbie
Tue Jul 07, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: New Grad's Budget
Replies: 22
Views: 1037

Re: New Grad's Budget

I think you’re way ahead of the game to even be thinking about this stuff, so I think if you get in the habit of saving and living below your means, you’ll do very well. I think you’ve gotten some good advice so far. I agree with others who have said not to spend a lot of money on furniture. I do re...
by tashnewbie
Tue Jul 07, 2020 9:20 pm
Forum: Personal Investments
Topic: Early-ish retirement portfolio review
Replies: 6
Views: 1027

Re: Early-ish retirement portfolio review

Welcome!

I think you’re doing well.

Definitely look into transferring that Rollover IRA into your 401k, because its presence makes doing backdoor Roth conversions more complicated with prorated taxes. Have you done backdoor conversions previously?
by tashnewbie
Tue Jul 07, 2020 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: House sale - where to park the money
Replies: 9
Views: 991

Re: House sale - where to park the money

For less than a year, I’d be concerned about return of principal not return on principal. I’d probably use a no-penalty CD (Ally and Marcus have options) or online savings account (most are paying around 1% now).
by tashnewbie
Tue Jul 07, 2020 1:17 pm
Forum: Personal Investments
Topic: Portfolio Analysis for 2-36 year olds.
Replies: 20
Views: 1642

Re: Portfolio Analysis for 2-36 year olds.

I didn’t see a Roth IRA for her in your list of accounts. That may have just been an oversight. If she doesn’t have one, I’d open one and contribute for 2019 by 7/15. Our income is beyond the limit to contribute directly to Roth IRA funds. We have discussed the backdoor IRA option but it comes with...
by tashnewbie
Tue Jul 07, 2020 11:47 am
Forum: Personal Investments
Topic: Portfolio Analysis for 2-36 year olds.
Replies: 20
Views: 1642

Re: Portfolio Analysis for 2-36 year olds.

I didn’t see a Roth IRA for her in your list of accounts. That may have just been an oversight. If she doesn’t have one, I’d open one and contribute for 2019 by 7/15. Our income is beyond the limit to contribute directly to Roth IRA funds. We have discussed the backdoor IRA option but it comes with...
by tashnewbie
Mon Jul 06, 2020 3:50 pm
Forum: Personal Investments
Topic: Portfolio Analysis for 2-36 year olds.
Replies: 20
Views: 1642

Re: Portfolio Analysis for 2-36 year olds.

I didn’t see a Roth IRA for her in your list of accounts. That may have just been an oversight. If she doesn’t have one, I’d open one and contribute for 2019 by 7/15. You also don’t list annual Roth contributions in your contributions. I’d recommend doing those (although your Rollover IRAs may make ...
by tashnewbie
Mon Jul 06, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: What money saving apps do you use that are worth your time?
Replies: 20
Views: 1786

Re: What money saving apps do you use that are worth your time?

I use a couple of the ones you listed. I have my Paypal account linked to them. I also use my local grocery store app for digital coupons and Receipt Hog which just requires a photo of receipts (only certain stores are eligible) and you get cash back based on the amount of the receipt. Rewards accru...
by tashnewbie
Mon Jul 06, 2020 7:14 am
Forum: Personal Investments
Topic: Portfolio Review and Five-Year Plan
Replies: 9
Views: 681

Re: Portfolio Review and Five-Year Plan

1 & 2: Unless you think you need an extra cash cushion, I’d use at least some of the $110k to pay off SL. You could throw that and any disposable income for the rest of the year (after what I suggest below) at the SL and have them paid off by the end of 2020. You didn’t tell us your marginal tax bra...
by tashnewbie
Sat Jul 04, 2020 8:00 pm
Forum: Investing - Theory, News & General
Topic: Time to update asset location rules of thumb?
Replies: 87
Views: 5068

Re: Time to update asset location rules of thumb?

I think it needs to be specified what type of bonds that OP should put in taxable. Tax-exempt munis?

I don’t think he should use an all-in-one fund, which is what he was proposing.
by tashnewbie
Sat Jul 04, 2020 7:58 pm
Forum: Investing - Theory, News & General
Topic: Time to update asset location rules of thumb?
Replies: 87
Views: 5068

Re: Time to update asset location rules of thumb?

One reason for stocks in taxable is TLH. (OK you can TLH with bonds, too, if you have losses, but those are generally much smaller.) Also, all else being the same, wouldn't having stocks in taxable be more favorable if you can either 1) take LTCG at 0%, as many retirees can; or 2) can pass on to he...
by tashnewbie
Sat Jul 04, 2020 7:51 pm
Forum: Investing - Theory, News & General
Topic: Time to update asset location rules of thumb?
Replies: 87
Views: 5068

Re: Time to update asset location rules of thumb?

One reason for stocks in taxable is TLH. (OK you can TLH with bonds, too, if you have losses, but those are generally much smaller.) Also, all else being the same, wouldn't having stocks in taxable be more favorable if you can either 1) take LTCG at 0%, as many retirees can; or 2) can pass on to he...
by tashnewbie
Sat Jul 04, 2020 7:44 pm
Forum: Investing - Theory, News & General
Topic: Time to update asset location rules of thumb?
Replies: 87
Views: 5068

Re: Time to update asset location rules of thumb?

You must not be reading the same Boglehead as me. Here is one example hot off the presses https://www.bogleheads.org/forum/viewtopic.php?p=5351582#p5351616 I think you mistakenly quoted me here? I haven’t even commented on this thread. The quotation was from an entirely different thread. No mistake...
by tashnewbie
Sat Jul 04, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: Time to update asset location rules of thumb?
Replies: 87
Views: 5068

Re: Time to update asset location rules of thumb?

Why are we still telling people to put stocks in taxable and bonds in tax-advantaged? I don't think we ever told people that. I do agree it is a common misunderstanding when reading/talking about asset location. The way I understand it, most people should fill their tax-advantaged accounts first (4...
by tashnewbie
Sat Jul 04, 2020 7:17 pm
Forum: Investing - Theory, News & General
Topic: Time to update asset location rules of thumb?
Replies: 87
Views: 5068

Re: Time to update asset location rules of thumb?

Why are we still telling people to put stocks in taxable and bonds in tax-advantaged? I don't think we ever told people that. I do agree it is a common misunderstanding when reading/talking about asset location. The way I understand it, most people should fill their tax-advantaged accounts first (4...
by tashnewbie
Sat Jul 04, 2020 6:45 pm
Forum: Personal Investments
Topic: 31, Portfolio Review, investing inheritance in taxable
Replies: 4
Views: 759

Re: 31, Portfolio Review, investing inheritance in taxable

Ditto everything @02nz said. Did you just start contributing to the taxable account? I’m just trying to understand how 401k is so much bigger when you’re making larger annual contributions to taxable. I’d use a pure stock fund like FXAIX (I think that’s Fidelity’s S&P 500 fund) or a total stock mark...
by tashnewbie
Sat Jul 04, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Buying our first house...
Replies: 6
Views: 518

Re: Buying our first house...

Make sure you can have kids before you go buy a house in anticipation. +1. I think it makes sense to wait until a child is in the foreseeable future (like you’re in your second trimester), before buying a house that’d be too big for just the two of you. By that time, you’ll also have a better handl...
by tashnewbie
Sat Jul 04, 2020 8:51 am
Forum: Personal Investments
Topic: A Noob’s First Portfolio Review - looking to address some obvious mistakes?
Replies: 27
Views: 1219

Re: A Noob’s First Portfolio Review - looking to address some obvious mistakes?

Income: After over a decade in corporate jobs with high income, currently fun-employment as a digital nomad; low 6 digits $ income I just have to comment on this. So many people would love to have a "low 6 digits" income. Depending on how much you spend annually, you could probably retire now and o...
by tashnewbie
Fri Jul 03, 2020 5:51 pm
Forum: Personal Investments
Topic: 401 K rollover from Fidelity to Vanguard or Schwab? Looking for advice!
Replies: 19
Views: 998

Re: 401 K rollover from Fidelity to Vanguard or Schwab? Looking for advice!

Do you have a current 401k? Does it have decent fund options?
by tashnewbie
Fri Jul 03, 2020 12:07 pm
Forum: Personal Investments
Topic: A Noob’s First Portfolio Review - looking to address some obvious mistakes?
Replies: 27
Views: 1219

Re: A Noob’s First Portfolio Review - looking to address some obvious mistakes?

Income: After over a decade in corporate jobs with high income, currently fun-employment as a digital nomad; low 6 digits $ income I just have to comment on this. So many people would love to have a "low 6 digits" income. Depending on how much you spend annually, you could probably retire now and o...
by tashnewbie
Fri Jul 03, 2020 12:03 pm
Forum: Personal Investments
Topic: To ROTH, or not to ROTH?
Replies: 11
Views: 1328

Re: To ROTH, or not to ROTH?

Definitely go ahead and contribute the max ($6k) into a Roth IRA for 2019. Deadline is 7/15. I'd also go ahead and contribute the max for 2020 (also $6k). Max out ($19,500) 401k contributions between now and your last day in August. Like others have said, it may be a good idea to convert amounts fro...
by tashnewbie
Fri Jul 03, 2020 11:42 am
Forum: Personal Investments
Topic: A Noob’s First Portfolio Review - looking to address some obvious mistakes?
Replies: 27
Views: 1219

Re: A Noob’s First Portfolio Review - looking to address some obvious mistakes?

Income: After over a decade in corporate jobs with high income, currently fun-employment as a digital nomad; low 6 digits $ income I just have to comment on this. So many people would love to have a "low 6 digits" income. Depending on how much you spend annually, you could probably retire now and o...
by tashnewbie
Thu Jul 02, 2020 7:08 pm
Forum: Personal Investments
Topic: Long Time Reader - How Am I Doing?
Replies: 22
Views: 2246

Re: Long Time Reader - How Am I Doing?

What are your annual expenses? Expected pension?
by tashnewbie
Thu Jul 02, 2020 10:34 am
Forum: Personal Investments
Topic: Buy All Now or Pace It Out?
Replies: 5
Views: 463

Re: Buy All Now or Pace It Out?

Depending on your tax bracket, it might be better to keep bonds in tax-advantaged accounts. I'm assuming this $750k would be in a taxable brokerage account.
by tashnewbie
Thu Jul 02, 2020 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Please suggest a Credit Card
Replies: 36
Views: 2347

Re: Please suggest a Credit Card

Something with 2% cash back on all purchases and no annual fee, no funny business such as different percentages by purchase type, caps on reimbursement, and / or rotating categories by month. Citi Double Cash fits that bill. I know there are others too, but I can't think of them at the moment. If y...
by tashnewbie
Thu Jul 02, 2020 9:11 am
Forum: Personal Consumer Issues
Topic: iPhone 7 battery not staying charged full day....
Replies: 27
Views: 1450

Re: iPhone 7 battery not staying charged full day....

I have an iPhone 6 that is 5.5 years old. I started noticing decreased battery life when it was about 4 years old. I checked my battery health and it is 79%. Probably not too bad for a phone that's almost 6 years old. I don't think getting a new battery is going to help my dinosaur. I do have a powe...
by tashnewbie
Thu Jul 02, 2020 9:03 am
Forum: Personal Investments
Topic: Is wealthfront Stock Level investing under appreciated by Boglehead community?
Replies: 47
Views: 2841

Re: Is wealthfront Stock Level investing under appreciated by Boglehead community?

I don't think Wealthfront (or other roboadvisors like Betterment) are under- or over-appreciated here in BH. I think 0.25% AUM is relatively cheap compared to other active management options. In my mind, the critical issue is whether you think the ROI is worth it for you. If you really want the auto...
by tashnewbie
Thu Jul 02, 2020 8:40 am
Forum: Personal Investments
Topic: Approximate market tracking or lower fee for 401(k)?
Replies: 9
Views: 411

Re: Approximate market tracking or lower fee for 401(k)?

I would just use the Large Cap fund and be done with it. The ER is really not bad. You could add the small cap to try to approximate TSM. Performance of S&P 500 and TSM has been basically the same since advent of TSM index funds (who knows if that will continue into the future), so I think just usin...
by tashnewbie
Wed Jul 01, 2020 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: What are you paying for umbrella insurance?
Replies: 36
Views: 1971

Re: What are you paying for umbrella insurance?

I said this on the last thread I saw about umbrella insurance pricing: whether you have teenage/young adult drivers will be a HUGE factor in pricing. The last thread was filled with posters with no kids or younger kids posting about their cheap umbrella insurance. I have a teen and young adult driv...
by tashnewbie
Wed Jul 01, 2020 12:53 pm
Forum: Personal Investments
Topic: How to decide between Savings and No-Penalty CD
Replies: 8
Views: 684

Re: How to decide between Savings and No-Penalty CD

Honestly, depending on how much you're going to put in the CD or savings account, it doesn't really matter. The difference in yield is going to be negligible. In the current rate environment, it's probably reasonable to expect HYSA yields are going to continue to decrease to a certain point. I don't...