Search found 258 matches

by winterescape
Mon Aug 14, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

Re: LLC partnership "individual 401k" questions

Spirit Rider,
Thanks much for your clarification, citation, and suggestions, even if it was not the answer I was hoping for...
by winterescape
Fri Aug 11, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

Re: LLC partnership "individual 401k" questions

Well 2 + years later and I am revisiting the same question. This year Vanguard suggested that I acquire an EIN just for myself, and that each partner do the same, and then we each open a plan that way. As I read the description for what type of EIN I want none appear to exactly describe my employmen...
by winterescape
Tue Jun 28, 2016 12:47 pm
Forum: Personal Consumer Issues
Topic: My first smartphone
Replies: 17
Views: 2277

Re: My first smartphone

Bob,
I recommend Republic wireless, consumer cellular, Wal-Mart total wireless, tracfone or Google project Fi.

Check consumer reports, for carrier ratings.

Android is 85% of the market, Apple IOS is 14%,

We chose Republic wireless and have not been disappointed, we both came from VZW.
by winterescape
Mon Jun 27, 2016 7:34 pm
Forum: Personal Consumer Issues
Topic: Verizon raised unlimited data by $20
Replies: 49
Views: 4064

Re: Verizon raised unlimited data by $20

Republic wireless or project Fi, we personally switched from VZW to Republic wireless 2 years ago, total bill for both phones now $30/ month.

Next month Republic supports 7 new phones, I would wait until July.

Project Fi is very similar but not yet as mature
by winterescape
Wed Dec 02, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard TurboTax - Not Available 2015?
Replies: 327
Views: 49596

2015 TurboTax -- Vanguard discount gone

Sadly I received this in my e-mail today from Vanguard. The days of subsidized or free TurboTax software appear to be over... "Year End Tax information from Vanguard" .... "Update for TurboTax users Vanguard will continue to offer access to TurboTax® products to clients on our website...
by winterescape
Sun Jan 25, 2015 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Upgrading to TurboTax Premier through Vanguard
Replies: 2
Views: 481

Re: Upgrading to TurboTax Premier through Vanguard

what I did was to log into Vanguard, follow the link to the turbotax site, select the download version, and the "checkout page" showed a zero cost for premier. I downloaded it and deleted my old version. I had not yet installed deluxe so no experience with "upgrading" but to be s...
by winterescape
Thu Jan 15, 2015 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

Re: LLC partnership "individual 401k" questions

Your provider probably won't tell you this but assuming you have all HCE's, in your case - all owners own greater than 5%, there's no compliance testing to be done. You would still need to make sure all participants receive contributions according to the plan document, and that no one exceeds relev...
by winterescape
Thu Jan 15, 2015 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

Re: LLC partnership "individual 401k" questions

You are correct, the terms Solo 401k, Individual 401k, etc... are marketing terms and misnomers for what the plans actually are. There is no such thing as a Solo 401k plan in the U.S. Code or IRS regulations. Even the IRS muddies the water by referring to one-participant 401k plans. They are not se...
by winterescape
Mon Jan 12, 2015 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

Re: LLC partnership "individual 401k" questions

I thought I read on here somewhere that you can have a solo(k) for each partner but I can't find the thread. However, another solution to your situation is to adopt a standard 401(k) plan. Assuming all partners are equal owners, all participants are HCEs so there is no nondiscrimination testing to ...
by winterescape
Mon Jan 12, 2015 11:19 am
Forum: Personal Finance (Not Investing)
Topic: POLL: For those under $20/month/$100k: What Insurance Comp?
Replies: 11
Views: 2093

Re: POLL: For those under $20/month/$100k: What Insurance Co

AAA insurance ( The auto club) underwritten by ACA insurance company Oakland CA
by winterescape
Mon Jan 12, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Looking for low cost cell phone plans...
Replies: 47
Views: 7175

Re: Looking for low cost cell phone plans...

I would NOT recommend Republic Wireless at all. They are attached to Sprint, which has one of the poorest network coverage in the US. For example, I could not any data in many areas between Cleveland and Akron (hardly rural areas), a good amount of the Tucson area, and the like. In addition, WiFi c...
by winterescape
Sun Jan 11, 2015 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Premier now free (for some)
Replies: 20
Views: 4820

Re: TurboTax Premier now free (for some)

The full saga of the changes and the price adjustments can be read about here ---> http://www.forbes.com/sites/janetnovack ... ubstitute/
by winterescape
Sun Jan 11, 2015 11:51 am
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

Re: LLC partnership "individual 401k" questions

terran wrote:My understanding is that individual 401k's are limited to businesses with only one employee (plus their spouse): http://www.irs.gov/Retirement-Plans/One ... k%29-Plans


this is the type of plan I am looking at https://investor.vanguard.com/what-we-o ... idual-401k
"Sole proprietors or partners who have no common-law employees."
by winterescape
Sun Jan 11, 2015 11:00 am
Forum: Personal Finance (Not Investing)
Topic: LLC partnership "individual 401k" questions
Replies: 13
Views: 1609

LLC partnership "individual 401k" questions

After a concerted search effort I have been unable to locate answers to our individual 401k questions. Any links to sources that definitively address the following 2 questions is appreciated. We have a partnership with 10 partners, organized as an LLC with no employees, only partners and 1099 contra...
by winterescape
Sun Jan 11, 2015 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Looking for low cost cell phone plans...
Replies: 47
Views: 7175

Re: Looking for low cost cell phone plans...

Check out republic wireless, we have the $10/ month plan, also please see the December issue of Consumer Reports for independent ratings of Cell service providers. Ting and Republic wireless come out on top.
by winterescape
Sun Apr 07, 2013 11:48 am
Forum: Investing - Theory, News & General
Topic: High ER and Index fund results
Replies: 19
Views: 1853

Re: High ER and Index fund results

A personal conversation I had with Jack about Index VS active funds and the apparent dichotomy within Vanguard (Wellington, STAR, etc…) he indicated that given the same asset allocation (stock, bond) and holdings (value, growth, small cap, large cap, etc) that the ER was the driving factor in predic...
by winterescape
Wed Jan 23, 2013 7:01 pm
Forum: Personal Consumer Issues
Topic: How much to spend on a new washer & dryer
Replies: 66
Views: 17568

Re: How much to spend on a new washer & dryer

I could have written your post a few weeks ago! After fixing our 25 Year old washer, I said (Insert wife’s name here) it is time for a new washer! I also do as Taylor suggested and look art CR. Unfortunately, what I discovered is that high rated expensive washers have a bimodal distribution. Folks l...
by winterescape
Sun Jan 20, 2013 9:01 pm
Forum: Investing - Theory, News & General
Topic: Thank you, Jack Bogle !!
Replies: 17
Views: 4299

Re: Thank you, Jack Bogle !!

About 2 1/2 years ago, at age 24, my finances were in poor shape. Not in shambles, but certainly not in a good position. I was paying down student debt sporadically and putting a meager amount (couple hundred monthly) in a savings account earning 0.1 % APY. I knew I needed a change but had no idea ...
by winterescape
Sat Jan 19, 2013 5:17 pm
Forum: Investing - Theory, News & General
Topic: Inflation; Total Bond Market; GNMAs; and TIPS
Replies: 18
Views: 3271

Re: Inflation; Total Bond Market; GNMAs; and TIPS

Bogleheads: This is an update of a post I made last year : YEAR .. INFLATION .. TBM .... GNMA .... TIPS 1996......3.3%.....3.6%.....5.2% 1997......1.7%.....9.4%.....9.5% 1998......1.6%.....8.6%.....7.1% 1999......2.7%....-0.8%.....0.8% 2000......3.4%....11.4%...11.2% 2001......2.8%.....8.4%.....7.9...
by winterescape
Wed Jan 16, 2013 9:02 pm
Forum: Investing - Theory, News & General
Topic: When interest rates rise, Total Bond market Index vs Interme
Replies: 25
Views: 5403

Re: Forecasting bond returns. A loser's game.

Vanguard Total Bond Market Admiral (VBTLX) and Vanguard Intermediate Term Treasury Investor Shares (VFITX) currently have almost identical durations: VBTLX = 5.2 years vs. VFITX = 5.3 years. A naive investor might think they would have similar returns. But here's what happened to these two funds du...
by winterescape
Tue Jan 08, 2013 5:30 pm
Forum: Investing - Theory, News & General
Topic: What was your 2012 return?
Replies: 275
Views: 24842

Re: What was your 2012 return?

12.9% with 55/45 stock/bond. Average duration of the majority of our bond funds is 3.2Y, most stock is VTSAX, light on International allocation
by winterescape
Sat Sep 22, 2012 12:55 pm
Forum: Personal Consumer Issues
Topic: Most underrated band of all time [that you listen to]?
Replies: 342
Views: 19517

Re: Most underrated band of all time [that you listen to]?

JDaniels wrote:Some friends and I were discussing this topic.

Our top three were:
1) The Who
2) Rush
3) Boston

All great bands that never got the credit they deserved.

What are yours?


+1 for Boston
by winterescape
Tue Aug 14, 2012 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: 21 Year Old With Good Amount of Savings Seeking Advice
Replies: 11
Views: 2337

Re: 21 Year Old With Good Amount of Savings Seeking Advice

I'd put $50 into a few books from the reading list and then read them. Maybe you already have though. If so, what did you learn from the books? Bill, Welcome. You might consider FDIC insured CD’s, the interest rate is better than the MM funds, but not by a lot. I would agree with livesoft that some...
by winterescape
Sun Jun 24, 2012 6:37 pm
Forum: Investing - Theory, News & General
Topic: 401K Stable Value Funds Making Changes
Replies: 15
Views: 1919

Re: 401K Stable Value Funds Making Changes

My Stable Value fund took a number of months to liquidate and all investors that stayed in the fund received a fairly nice bonus after the final trading day. It appears to me that the market/book ratio was modestly above 1.00 and the fraction above 1.00 was paid out on the last day. Good point, our...
by winterescape
Sun Jun 24, 2012 6:02 pm
Forum: Investing - Theory, News & General
Topic: 401K Stable Value Funds Making Changes
Replies: 15
Views: 1919

Re: 401K Stable Value Funds Making Changes

yes, Stable Value fund went away in our 401k replaced by short term bond fund
by winterescape
Tue May 08, 2012 5:08 pm
Forum: Investing - Theory, News & General
Topic: OK, Maybe I am Wrong on Bonds
Replies: 53
Views: 4537

Re: OK, Maybe I am Wrong on Bonds

3. If your rich uncle died and left you $1Million dollars today...or $5Million...and you were a Boglehead...would you have the guts to invest 40% of that in intermediate bonds paying 2 to 3 percent? 1) He did 2. I am 3. I did Only because I don't know any better 1) I I don’t have one, but if a bunc...
by winterescape
Sat May 05, 2012 9:18 am
Forum: Investing - Theory, News & General
Topic: Poll: What is your current largest unrealized loss?
Replies: 22
Views: 1915

Re: Poll: What is your current largest unrealized loss?

FrugalInvestor wrote:I have none. I tax loss harvested once during the big downturn and am hoping to never have the opportunity again.


+1
by winterescape
Sun Apr 29, 2012 11:58 am
Forum: Investing - Theory, News & General
Topic: WSJ: Heard on the Street Deception (?)
Replies: 17
Views: 1542

Re: WSJ: Heard on the Street Deception (?)

Interesting. I had used google myself and got that link, and saw the whole article, but when I click on your link (with identical address), I only get a portion. It see like anyone wanting to read it needs to google the title themselves. I have two tabs open with exactly the same address, one with ...
by winterescape
Sat Apr 28, 2012 7:16 pm
Forum: Investing - Theory, News & General
Topic: vanguard municipal bond funds
Replies: 20
Views: 2277

Re: vanguard municipal bond funds

State-specific funds are typically a bad deal. Do the math. They return less after state tax than the national funds. Notable exception is California. this can help... m How? This is a federal tax calculator. No, this is a Taxable-equivalent yield calculator I know what it is. I must be blind. Wher...
by winterescape
Sat Apr 28, 2012 5:58 pm
Forum: Investing - Theory, News & General
Topic: vanguard municipal bond funds
Replies: 20
Views: 2277

Re: vanguard municipal bond funds

Bob's not my name wrote:
winterescape wrote:
Bob's not my name wrote:State-specific funds are typically a bad deal. Do the math. They return less after state tax than the national funds. Notable exception is California.
this can help...
https://personal.vanguard.com/us/funds/ ... alentyield
How? This is a federal tax calculator.


No, this is a Taxable-equivalent yield calculator
by winterescape
Sat Apr 28, 2012 5:02 pm
Forum: Investing - Theory, News & General
Topic: vanguard municipal bond funds
Replies: 20
Views: 2277

Re: vanguard municipal bond funds

Bob's not my name wrote:State-specific funds are typically a bad deal. Do the math. They return less after state tax than the national funds. Notable exception is California.


this can help...
https://personal.vanguard.com/us/funds/ ... alentyield
by winterescape
Sat Apr 28, 2012 4:05 pm
Forum: Investing - Theory, News & General
Topic: Another GNMA post
Replies: 11
Views: 1530

Re: Another GNMA post

Actually I was agnostic between TBM and GNMA until 2008. Take a look at this five year comparison chart, check out in particular 2008. You may call it past performance, I might call it a “real world test during extreme market conditions” m Not sure what has prompted the rash of recent threads, also ...
by winterescape
Sat Apr 28, 2012 12:01 pm
Forum: Investing - Theory, News & General
Topic: Another GNMA post
Replies: 11
Views: 1530

Re: Another GNMA post

Do you think you've found a case of extra return without extra risk? Nisiprius, Please quantify the “increased risk” of GNMA Credit risk: GNMA =“backed by the full faith and credit of the US government” TBM= Diversification, with 70% of the holdings backed by the US government Interest rate risk: A...
by winterescape
Fri Apr 27, 2012 2:48 pm
Forum: Investing - Theory, News & General
Topic: Another GNMA post
Replies: 11
Views: 1530

Re: Another GNMA post

Yes, yet another GNMA “discussion” 1) Prepayment risk: When interest rates fall people refinance to capture a portion of this benefit. However, the cost to refinance limits this activity. Also people move all the time, I believe that 30 year mortgages are held on average for 12 years. All this is in...
by winterescape
Tue Apr 03, 2012 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Funds
Replies: 3
Views: 651

Re: Bond Funds

You did not state if this was taxable. I would be more inclined to select a single intermediate term fund, Vanguard GNMA or Total bond, and just stick with it.
by winterescape
Sat Mar 31, 2012 7:27 pm
Forum: Investing - Theory, News & General
Topic: 401k employer contributions/employer matching tax treatment
Replies: 5
Views: 1106

Re: 401k employer contributions/employer matching tax treatm

Thanks TFB. Could you direct me to a document that details this? So the expense of a 1.0% 401k match is reduced by the % of the tax bracket of the employer, up to 25% of payroll? 26 USC 404(a)(3) (3) Stock bonus and profit-sharing trusts (A) Limits on deductible contributions (i) In general In the ...
by winterescape
Sat Mar 31, 2012 1:56 pm
Forum: Investing - Theory, News & General
Topic: 401k employer contributions/employer matching tax treatment
Replies: 5
Views: 1106

Re: 401k employer contributions/employer matching tax treatm

Thanks TFB. Could you direct me to a document that details this? So the expense of a 1.0% 401k match is reduced by the % of the tax bracket of the employer, up to 25% of payroll? Livesoft, I understand the comparison when employees are evaluating two potential jobs but if you already had a job witho...
by winterescape
Sat Mar 31, 2012 12:07 pm
Forum: Investing - Theory, News & General
Topic: 401k employer contributions/employer matching tax treatment
Replies: 5
Views: 1106

401k employer contributions/employer matching tax treatment

In an effort to encourage my employer to start a 401k matching, or employer contribution to our 401k, I am trying to understand the tax implications to the employer of contributing or funding employee 401k’s. How is the employer expense of contributing to a 401k treated under the tax code? This is a...
by winterescape
Sun Mar 04, 2012 6:14 pm
Forum: Investing - Theory, News & General
Topic: 529 Plans - Criteria to Save
Replies: 9
Views: 912

Re: 529 Plans - Criteria to Save

I generally agree with your logic however some 401K plans are bad (No match, very high expenses) and some 529 plans, like nysaves.org, are run by vanguard and offer very low expenses, great investments, and a tax deduction in NY state for contributions… Sooo... it is hard to have one size fits all a...
by winterescape
Mon Jan 30, 2012 7:53 pm
Forum: Investing - Theory, News & General
Topic: Inflation; Total Bond Market; GNMAs; and TIPS
Replies: 18
Views: 3271

Re: Uniform type shares

Hi Winterescape: I used your figures to edit shares in the chart to " investor shares." Thank you. You may find this Conversation interesting: GNMA behavior in a sharply rising environment Best wishes. Taylor Taylor, Thanks for the link to that thread, I had not read it. What I fail to se...
by winterescape
Sun Jan 29, 2012 10:14 pm
Forum: Investing - Theory, News & General
Topic: Inflation; Total Bond Market; GNMAs; and TIPS
Replies: 18
Views: 3271

Re: Total Bond Market; GNMAs; TIPS and Inflation

Thanks Taylor for the historic chart. It helps me keep perspective. The Vanguard site shows Vanguard GNMA Fund Admiral Shares 7.80% Vanguard Total Bond Mkt Index Admiral 7.69% Vanguard GNMA Fund Investor Shares 7.69% Vanguard Total Bond Mkt Index Inv 7.56% so are you comparing the Total Bond Mkt Ind...
by winterescape
Sun Jan 22, 2012 6:35 pm
Forum: Investing - Theory, News & General
Topic: How to take advantage of Natural Gas Collapse
Replies: 31
Views: 2631

Re: How to take advantage of Natural Gas Collapse

I updated the crossover point on my home heating system. Instead of running the heatpump down to 10 degrees outside temp it now switches to the gas furnace at 30 degrees.
by winterescape
Mon Jan 16, 2012 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale? - Vanguard FTSE to Vanguard Total International
Replies: 29
Views: 2202

Re: Wash Sale? - Vanguard FTSE to Vanguard Total Internation

If you search I seem to remember a thread where someone argued that a S&P index fund at one fund family was not equal to a S&P index fund at another family, let me know if this holds up in an audit… Although this has never been tested in court either, the conventional wisdom is that two ind...
by winterescape
Mon Jan 16, 2012 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Short term treasuries vs. bond index for emergency funds
Replies: 15
Views: 2020

Re: Short term treasuries vs. bond index for emergency funds

Setting up the ladder gives certainty but adds complexity to managing your reserves. If you are O.K. with that, fine. If you want simplicity you could consider a short duration bond fund. The Vanguard short-term bond index currently has a duration of 2.7 years I even like the Vanguard GNMA, but plea...
by winterescape
Mon Jan 16, 2012 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Tax filing and Roth Overcontribution
Replies: 7
Views: 938

Re: Tax filing and Roth Overcontribution

I did this too a number of years back and I called the IRS. They advised me to attach a letter of explanation to my return which said much what you just posted. Never heard anything more about it. I do remember that I was very pleasantly surprised by the short hold time on the phone with the IRS and...
by winterescape
Mon Jan 16, 2012 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale? - Vanguard FTSE to Vanguard Total International
Replies: 29
Views: 2202

Re: Wash Sale? - Vanguard FTSE to Vanguard Total Internation

O.K. O.K good point, the asterisk at the bottom then reads “except where the same fund has multiple share classes and it is just a different ticker/ share class of the same fund”

The print is normal size here but of course it would be 4 point font :D
by winterescape
Mon Jan 16, 2012 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Wash Sale? - Vanguard FTSE to Vanguard Total International
Replies: 29
Views: 2202

Re: Wash Sale? - Vanguard FTSE to Vanguard Total Internation

I use a very simple rule, which has never been tested as far as I know. If the ticker symbol is not the same it is not “substantially identical” A simple argument for this would be “why would Vanguard go to the trouble of registering and maintaining the two funds if they were identical? Why not just...
by winterescape
Mon Jan 16, 2012 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: I'm very disappointed with Vanguard right now (cost basis)
Replies: 30
Views: 6283

Re: I'm very disappointed with Vanguard right now

I understand your frustration. Seems you have a very unique situation with those shares but I am unclear as to why they would not let you enter cost basis info? Is that something new? When I helped transfer my Fathers account to Vanguard the brokerage screeen had a place to enter a revised cost basi...
by winterescape
Sun Jan 15, 2012 3:51 pm
Forum: Investing - Theory, News & General
Topic: Improved Net Worth by Age [and plot]
Replies: 250
Views: 44164

Re: Improved Net Worth by Age [and plot]

Fascinating! I just spent some time looking at the results. Thanks for all the work to pull this together. It looks like line 174 and 176 are duplicates and I question if the “value of residence” is not missing 2 or 3 zeros. My surprise in looking at the data is how much variance there is in asset a...
by winterescape
Sat Jan 14, 2012 8:04 pm
Forum: Investing - Theory, News & General
Topic: Will There Ever Be Another 1990s?
Replies: 32
Views: 2614

Re: Will There Ever Be Another 1990s?

It is comforting to see the clear pattern in the chart above that every negative return decade, as far back as the 1830’s, has been followed by a decade of 9.5% cumulative or greater return.