Search found 1195 matches

by rai
Tue Jun 18, 2019 8:41 pm
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 89
Views: 6969

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

Can’t speak for others but to me 401k, IRA, 529s, HSAs are all tax shelters which I fill up to the limit and then I still have money left that I invest in a taxable account. That is in stocks and adjust my tax shelters to get the correct AA. The taxable account is my safety net and gives dividends e...
by rai
Tue Jun 18, 2019 6:51 pm
Forum: Personal Investments
Topic: Big changes, Retirement is Imminent
Replies: 23
Views: 2832

Re: Big changes, Retirement is Imminent

So you have about $800K + emergency funds in safe assets now? To get near 1.1 million in safe assets you probably would convert about $200k from the 1.2 million in equity assets. That seems to be reasonable, not too big a jump. Like a re-balancing move. That’s not what he’s saying. I’ll admit it’s ...
by rai
Tue Jun 18, 2019 6:41 pm
Forum: Personal Investments
Topic: Big changes, Retirement is Imminent
Replies: 23
Views: 2832

Re: Big changes, Retirement is Imminent

I don’t see the need to convert to cash but that’s me. I’m allergic to cash have the smallest allocation less than 1%. All the other asset classes pay interest or dividend greater than cash pays imo. Only way I’d hold cash was if I sold a house and was planning to use that money in the next year or ...
by rai
Tue Jun 18, 2019 2:05 pm
Forum: Personal Investments
Topic: Questions on using Firecalc
Replies: 8
Views: 569

Re: Questions on using Firecalc

On last tab of firecalc you can also “plan to leave an inheritance”.

In there you could leave $200K or some number and have a bit of wiggle room if things go worse than expected.
by rai
Sat Jun 15, 2019 8:27 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 67
Views: 4441

Re: IPhone 6 - showing some age

Just saw that a Verizon has a Father’s Day promo when you buy one flagship iPhone they’ll give you an XS free but I only need one phone and probably like to wait for the iPhone XI
by rai
Sat Jun 15, 2019 8:23 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 67
Views: 4441

Re: IPhone 6 - showing some age

I’m exactly the same mine is a 6 plus. I brought it to Apple store to check the battery and they said everything is fine there is a diagnostic on the phone says the battery is like 90% I thought about getting a new battery but the phone is only worth like $99 trade in also not as fast as it could be...
by rai
Sat Jun 08, 2019 1:34 pm
Forum: Personal Investments
Topic: Any other notable firms besides the Big 3?
Replies: 8
Views: 1413

Re: Any other notable firms besides the Big 3?

Some regular contributors here (one in particular) like Merrill Edge. Merrill does not have a family of low cost index funds (Classic MF or ETF) but they offer low cost trading of third-party ETFs. The “Big 3” as you have called them each has a full line of “in-house” products from which to select....
by rai
Sat Jun 08, 2019 1:23 pm
Forum: Investing - Theory, News & General
Topic: Investing Techniques For People Approaching Retirement In This Aging Bull Market
Replies: 35
Views: 5255

Re: Investing Techniques For People Approaching Retirement In This Aging Bull Market

Outstanding charts! That 8 year recovery period looks painful to a retiree!!! Thanks for posting! j :happy If I’m reading the chart correct that is the years for the actual price of the stocks to recover not mentioning reinvestment of dividends or buying power of dividends. With dividends 2-2.5% mi...
by rai
Thu Jun 06, 2019 6:56 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 482
Views: 51821

Re: What is/ was your career and would you recommend it now?

I’m MD anesthesiologists. Would recommend. I’ve been at the same place 22 years but can get a job easy most anywhere. Downside is don’t make full pay level until 30 years old. Downside is stress and long hours. Upside great pay and easy to translate to other centers. Easier to set your own hours if ...
by rai
Tue Jun 04, 2019 2:11 pm
Forum: Personal Investments
Topic: Would you sell AAPL to reduce stock exposure?
Replies: 20
Views: 1668

Re: Would you sell AAPL to reduce stock exposure?

Can sell future calls if you own 100 shares
by rai
Tue Jun 04, 2019 1:24 pm
Forum: Personal Investments
Topic: What is the tax rate on a tax deferred 401k account?
Replies: 12
Views: 652

Re: What is the tax rate on a tax deferred 401k account?

Life in slices nailed the answer. Once you are 70.5 you can make Qualified Charitable Distributions from an IRA (not 401k) and pay zero taxes on that up to $100k per year. Cheers So can value of charitable donations from IRA can be deducted from your income. Up to $100k/year? I mean not only not pa...
by rai
Fri May 31, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 37374

Re: For those who earn $500k+ per year. How'd you do that?

Two physicians couple fairly common.

Unusual for one physician to make $500K+
by rai
Mon May 27, 2019 9:54 am
Forum: Personal Investments
Topic: Let me understand earned income (in retirement)
Replies: 9
Views: 1236

Re: Let me understand earned income (in retirement)

thanks again.

I am currently working and so my tax avoidance is not anything that I can control but I am looking to the future when I can control how much $ is subject to taxation.
by rai
Mon May 27, 2019 9:44 am
Forum: Personal Investments
Topic: Let me understand earned income (in retirement)
Replies: 9
Views: 1236

Re: Let me understand earned income (in retirement)

1. Yes, 2. Yes, 3. Yes and 4. No but will count for ACA MAGI, 5. No thanks I see this now: You include your capital gain in your income to figure out what tax rate applies to the capital gain. Capital gains taxes are progressive, similar to income taxes. So in my instance, I won't ever be in the 0%...
by rai
Mon May 27, 2019 9:28 am
Forum: Personal Investments
Topic: Let me understand earned income (in retirement)
Replies: 9
Views: 1236

Let me understand earned income (in retirement)

I am not retired but plan to in 4-5 years married filing jointly. I am trying to get a better handle on the tax rate or threshold income that would keep me in the 0% Long Term CG rate, it says in 2019 the 0% threshold is under $78,750. We have a large taxable account and this throws off a lot of div...
by rai
Fri May 24, 2019 7:42 am
Forum: Personal Investments
Topic: Best way to backdoor Roth IRA
Replies: 37
Views: 2857

Re: Best way to backdoor Roth IRA

I’m planning to do the same thing.

I just don’t understand why there is a looks hole or back door, why can’t the law be adjusted to allow direct Roth contribution?
by rai
Fri May 24, 2019 6:04 am
Forum: Personal Consumer Issues
Topic: What has changed in new home construction over the years?
Replies: 49
Views: 6079

Re: What has changed in new home construction over the years?

I know in Florida in the last 15 years there are tougher building code for hurricanes. So called wind mitigation roofs etc.
by rai
Wed May 22, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: I evaluated taking SS at age 62 versus age 70
Replies: 67
Views: 5009

Re: I evaluated taking SS at age 62 versus age 70

Firecalc doesn’t plan or factor in the increases to SS payments or does it?
by rai
Wed May 22, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: Any option traders?
Replies: 41
Views: 2982

Re: Any option traders?

I sell naked puts and sell covered calls.
by rai
Sat May 18, 2019 5:55 am
Forum: Personal Investments
Topic: What to do with HSA (HSAbank) money? NJ
Replies: 15
Views: 1292

Re: What to do with HSA (HSAbank) money?

I put mine 100% in VTI (Vanguard total stick market index).
by rai
Wed May 15, 2019 5:07 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1003

Re: Advice for 20 year old Roth IRA investment.

Thanks. I educated myself from zero to hero but had a lot of hard knocks along the way. I missed out a lot on my younger investments cashed out my small 401K to pay for higher education. Didn’t invest at all in tax deferred until was 32 years old, that’s a lot of water under the bridge. But might ha...
by rai
Wed May 15, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally retired, and need tax advice
Replies: 48
Views: 6282

Re: I accidentally retired, and need tax advice

From the movie The Big Lebowski:

“My advice is to do what your parents did; get a job.”

Seems like the job market is not difficult. My 18 year old daughter with no skills got a job in no time flat at $12/hr would figure out to $2k a month.
by rai
Wed May 15, 2019 9:24 am
Forum: Personal Investments
Topic: Using 401k Loans to increase contribution
Replies: 17
Views: 1109

Re: Using 401k Loans to increase contribution

Sounds like a bad idea.
by rai
Tue May 14, 2019 3:43 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1003

Re: Advice for 20 year old Roth IRA investment.

OP: I started investing at 18. I am now in my late 20s. I can't stress enough how important I think it is for you to include your daughter in these decisions. I will she's an accounting major so she will know a thing or two about taxes. Also she is the one that asked me for my advice because she kn...
by rai
Tue May 14, 2019 12:31 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1003

Re: Advice for 20 year old Roth IRA investment.

I personally have VTI in my Roth IRA. I am also around the same age as your daughter. I like to have VTI since there is a lot of upside and its tax free gains, might as well get as much gains as possible in that account. I have forgone international or bonds in that account and have picked those up...
by rai
Tue May 14, 2019 10:48 am
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1003

Re: Advice for 20 year old Roth IRA investment.

I personally have VTI in my Roth IRA. I am also around the same age as your daughter. I like to have VTI since there is a lot of upside and its tax free gains, might as well get as much gains as possible in that account. I have forgone international or bonds in that account and have picked those up...
by rai
Tue May 14, 2019 10:09 am
Forum: Personal Investments
Topic: Vanguard Total Bond Mkt. and Total Int'l Bond Mkt.
Replies: 2
Views: 457

Re: Vanguard Total Bond Mkt. and Total Int'l Bond Mkt.

YTD annual performance is not a relevant time frame.
by rai
Tue May 14, 2019 9:37 am
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 1003

Advice for 20 year old Roth IRA investment.

My child will be making ~$12K for summer internship no loans or obligations. She has no need for income other than pocket money and I figure she can safely put $6K into a Roth IRA without any reason to take money out until she retires. I wanted to get advice on best fund that she can own for the nex...
by rai
Sat May 04, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: Wouldn't this make Traditional IRA far superior to Roth?
Replies: 82
Views: 7840

Re: Wouldn't this make Traditional IRA far superior to Roth?

just a question which I should know but sure you guys will let me know. Is a Roth withdrawal treated as income in any way? I mean when you take a withdrawal how is that factored into you AGI? I assume it's not meaning taking money out of a ROTH is like taking money form a taxable account (except not...
by rai
Thu May 02, 2019 1:46 pm
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 4865

Re: Intel sell or hold NOW sold.

So this is something that is not Boglehead *true* meaning to sell calls the correct bogglehead thinking is to sell all individual stocks and put in index funds/ETFs and sleep well take what the market gives you. But a lot of people do have stocks and sometimes it just happens that you end up with a ...
by rai
Thu May 02, 2019 12:16 am
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 4865

Re: Intel sell or hold NOW sold.

Beware selling options is always taxed as short term gain. (Unless sold in a tax shelter which would not matter about the short term gains).
by rai
Thu May 02, 2019 12:05 am
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 4865

Re: Intel sell or hold NOW sold.

@rai, Thanks for the detailed explanation. If you wanted to go crazy could sell at the money like $50 share and if you sold the call for $50 on January 2020 you’d get $4.5 a share or $90K plus you keep the dividends as well and if the shares never sell at the date you can sell more calls into the f...
by rai
Wed May 01, 2019 10:34 pm
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 4865

Re: Intel sell or hold NOW sold.

OP has sold the shares already? well anyway someone asked what is covered call. You need to have an option trading set up in your brokerage account but you can look up the prices by googling option chain INTC It’s an option to sell the stock. Call means sell the stock if you’re a seller of the call ...
by rai
Wed May 01, 2019 2:07 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 219
Views: 23751

Re: What is your AA, given your age? and, Why?

EnjoyIt wrote:
Sat Apr 07, 2018 9:51 am
our AA is 70/30. I am comfortable at 70/30 since I make a solid and reliable income. I will stay at 70/30 until I semi retire and glide to 60/40.
This is about my aa except I’m 53 years old, likely as not I’ll retire and try to keep between 60:40 and 55:45
by rai
Wed May 01, 2019 2:03 pm
Forum: Personal Investments
Topic: Intel sell or hold NOW sold.
Replies: 67
Views: 4865

Re: Intel sell or hold

Have you considered selling covered calls? You get both the premium of the call and the dividends while you wait.
by rai
Sun Apr 28, 2019 9:28 am
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3071

Re: pay down mortgage vs. invest in taxable?

I had a similar question you may get some additional insight here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=278161&p=4482147 My mortgage is a full 1% lower and I only have 12 years left on a 15 year mortgage so my bang for the buck is far less than yours. I'm also closer to retirement so...
by rai
Sat Apr 27, 2019 10:05 pm
Forum: Personal Investments
Topic: pay down mortgage vs. invest in taxable?
Replies: 30
Views: 3071

Re: pay down mortgage vs. invest in taxable?

I have a similar situation and just elected to pay down +$350/month and invest the rest in taxable account. If you feel like you want to put more towards your mortgage you can maybe split the difference with half savings and half towards your mortgage. It's advantageous to have some money in taxable...
by rai
Tue Apr 23, 2019 2:44 pm
Forum: Personal Consumer Issues
Topic: Best pillow under $50?
Replies: 33
Views: 2498

Re: Best pillow under $50?

Not sure if this works for you but for me this is the pillow

https://m2.ikea.com/us/en/p/jordroek-pi ... -30269619/

Cheap sure, maybe it does crush down over time but gradually so you don’t notice it.
by rai
Mon Apr 08, 2019 8:16 am
Forum: Personal Investments
Topic: Pay off mortgage better or worse than investing in bonds?
Replies: 24
Views: 2978

Re: Pay off mortgage better or worse than investing in bonds?

One point in 4-6 years plan to retire and sell both homes and buy a nicer full time home for retirement. We’re still 12.5 years left on the mortgage and anything extra paid will lower that time to paid off closer to the 4-6 year window till retirement. I understand that’s not a big issue if the mone...
by rai
Mon Apr 08, 2019 8:10 am
Forum: Personal Investments
Topic: Pay off mortgage better or worse than investing in bonds?
Replies: 24
Views: 2978

Re: Pay off mortgage better or worse than investing in bonds?

Thanks livesoft. I’m not talking about paying off my mortgage although you could say technically I am. I’m just talking about say adding $300-600-800 a month each month as opposed to buying more bonds or buying more stocks in a taxable account. IOW I have a lot invested in retirement and non retirem...
by rai
Mon Apr 08, 2019 7:55 am
Forum: Personal Investments
Topic: Pay off mortgage better or worse than investing in bonds?
Replies: 24
Views: 2978

Pay off mortgage better or worse than investing in bonds?

I’m a high saver and have a very good paying job and not too concerned with my nest egg. I’m just trying to nibble around the edges of where I should save more. I’m at 70:30 stocks:bonds no debt except a second home which is not a rental it’s a vacation home. With the new tax law mortgage interest i...
by rai
Sat Apr 06, 2019 4:40 pm
Forum: Personal Investments
Topic: Can I contribute to non deductible IRA?
Replies: 14
Views: 747

Re: Can I contribute to non deductible IRA?

I’m confused about the Roth conversion.


I’m 53 my wife is 52. We both max out 401K (some percentage is Roth 401k).

I suppose the benefit is more tax shelter growth. What’s the downside besides it being tied up until I reach a certain age?
by rai
Sat Apr 06, 2019 4:12 pm
Forum: Personal Investments
Topic: Can I contribute to non deductible IRA?
Replies: 14
Views: 747

Can I contribute to non deductible IRA?

I am a highly compensated professional and so am able to contribute maximally to my 401K including catch up and employer match. My new accountant told me I can also contribute to non deductible IRA as well (on top of the 401K). I also contribute maximum to HSA account. Just wanted to make sure that ...
by rai
Sat Dec 29, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Keep Calm and Boglehead On!
Replies: 36
Views: 5638

Re: Keep Calm and Boglehead On!

I think looking at Japan market bubble is not being honest at all regarding the current stock market. Back in 1990 Japan stock market was worth something like 55% of the global stock market and the PE of that index was 70 or so while the current US PE is more reasonable 20 or so. Home real estate pr...
by rai
Sat Dec 29, 2018 5:38 pm
Forum: Personal Investments
Topic: Opinions sought $3.5 M Net Worth
Replies: 76
Views: 9241

Re: Opinions sought $3.5 M Net Worth

LilyFleur wrote:
Sat Dec 29, 2018 5:35 pm
Just wondering about your housing situation... Is there any way you could pay off your house before you quit your job to give yourself an extra safety margin for expenses?
He said no mortgage and no other debt.
by rai
Sat Dec 29, 2018 5:32 pm
Forum: Personal Investments
Topic: Is it safe to invest in a pure stockm fund? Given the Bear m
Replies: 6
Views: 600

Re: Is it safe to invest in a pure stockm fund? Given the Bear m

What do you mean ‘given the bear m?’

Your question doesn’t make any sense whatsoever. Are you trying to say bear market? Are you trying to deliberately give as little information as possible including not even spelling out full words so we know what you are asking?