Search found 16 matches

by BisterMean
Fri Oct 09, 2020 5:35 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6013
Views: 1402798

Re: What Movie Have You Recently Watched?

Beach Bum

Matthew McConaughey was made for it.
by BisterMean
Fri Oct 09, 2020 5:19 pm
Forum: Investing - Theory, News & General
Topic: Whence inflation?
Replies: 127
Views: 7017

Re: Whence inflation?

I think some people have it right. It's not being spent. Look at all the Bogleheads, they save it. The next question is, when you all will start spending it (in retirement, whatever), will inflation go up? Pretty sure the answer is yes. We're all in a rat race to maintain the value of our money. It'...
by BisterMean
Fri Oct 09, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 106
Views: 6055

Re: Choosing a career

1.) Entrepreneur - corporate life is so stupid, inhibitory and makes fortunes for others not as technically talented as you. 2.) Serial learner - if you aren't curious, you'll likely fail no matter what career you choose. Choosing just one career path is silly. Just read that. So incredibly boring f...
by BisterMean
Thu Sep 10, 2020 11:29 am
Forum: Personal Finance (Not Investing)
Topic: SALT vs 401k taxes under Biden
Replies: 1
Views: 752

SALT vs 401k taxes under Biden

Looking for a sanity check here. Biden is proposing a flat 26% deferral on t-401k contributions (boo!). I'm also seeing he's wanting to lift the SALT deduction cap from TCJA (yay!). If I'm in the 32% bracket, that means my 401k deduction is $1170 less? Meaning, instead of all $19.5k I can only deduc...
by BisterMean
Fri Sep 04, 2020 2:00 pm
Forum: Personal Investments
Topic: Pay down mortgage or invest
Replies: 31
Views: 2605

Re: Pay down mortgage or invest

Other than maxing 401k, every other dollar went to paying off the mortgage which I finished 2 years ago. Since then and every moment thereafter into the future, if I don't like my job I can say "I quit". I'm now 35.

Financial freedom is priceless.
by BisterMean
Thu Sep 03, 2020 9:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20713
Views: 2830739

Re: U.S. stocks in free fall

I suspect it had something to do with the CDC (or was it FDA can't remember) saying get ready for distributing a vaccine by Nov1. Queue rollover from tech to recovery stocks. Cruise lines led gains.
by BisterMean
Thu Sep 03, 2020 1:01 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1839
Views: 235259

Re: Post your Financial Milestone Announcements Here

Paid off my mortgage at 33 (2yrs ago)
Reached $1MM NW last year after some inheritance
Reached $1MM NW this year without the inheritance (woohoo!)

Hopefully I can convince myself to take a 60% pay cut to leave my corporate job for the academic life again. Can't imagine how much more frugal I'd be :D
by BisterMean
Thu Sep 03, 2020 12:02 am
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

You're young. Things happen, despite your being very focused on asset allocations by account in your 30s. Maybe when you are 50, you have sharp growth in your tax-deferred. Maybe you choose to do some tax-loss harvesting in taxable to balance an increase in earnings that year. Maybe you receive an ...
by BisterMean
Wed Sep 02, 2020 11:55 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

33 and 30 y/o, hoping to retire in 20-25 years. 10% taxable, which is 80/20 for stocks/cash (includes emergency fund) 90% retirement accounts including pre tax and Roth 403b/457s and Roth IRAs, 100/0 (stocks/bonds) See also Prioritizing investments - Bogleheads . Following that advice, the total pe...
by BisterMean
Wed Sep 02, 2020 11:36 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

You're young. Things happen, despite your being very focused on asset allocations by account in your 30s. Maybe when you are 50, you have sharp growth in your tax-deferred. Maybe you choose to do some tax-loss harvesting in taxable to balance an increase in earnings that year. Maybe you receive an ...
by BisterMean
Wed Sep 02, 2020 11:25 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

C) Ah-ha! Now we're getting somewhere. I understand this (bonds=dividends so try not to get taxed on this), but it's starting to drive at how taxable vs non should be treated differently. How else should these be treated differently? Anything from an AA point of view too or just do as suggested and...
by BisterMean
Wed Sep 02, 2020 4:55 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

For many people in their working years, their long term capital gains (LTCG) tax rate is 15%. For many of those same people, their LTCG will be 0% in retirement , assuming no major changes to tax laws. For this reason, most investors who have taxable accounts refrain from realizing capital gains un...
by BisterMean
Wed Sep 02, 2020 4:39 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

FiveK wrote: Wed Sep 02, 2020 3:08 pm Actually it was that I didn't understand how you were differentiating "leftover money" from "non-taxable funds"...?
#7 in the Prioritization link you sent after 1-5 fulfilled and #6 is N/A.
by BisterMean
Wed Sep 02, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

Thanks. I am following that priority with the only exception of Mega Backdoor Roth. I'm maxing 401k, Roth IRA and HSA. Then money left over goes to my HYSA or VMFXX. The question is should you treat that leftover money the same way you do non-taxable funds when investing? There could be reasons to ...
by BisterMean
Wed Sep 02, 2020 2:03 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

Re: AA for taxable vs non-taxable

BisterMean, welcome to the forum. See Tax-efficient fund placement - Bogleheads if you haven't already. See also Prioritizing investments - Bogleheads . Following that advice, the total percentage one holds in taxable vs. non-taxable becomes a result, not a strategy. The amount in taxable is the am...
by BisterMean
Tue Sep 01, 2020 9:03 pm
Forum: Investing - Theory, News & General
Topic: AA for taxable vs non-taxable
Replies: 41
Views: 1680

AA for taxable vs non-taxable

I was reading the other thread on 500k-1M in investable assets non/taxable breakdown and something clicked. The stay the course mantra is so much easier to do with non-taxable retirement funds and appears that's where most people here have their savings. I searched on AA for taxable vs non and got s...