Search found 1143 matches

by rai
Mon Aug 13, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Stock option tax question.
Replies: 2
Views: 213

Re: Stock option tax question.

Ok,

I did search came up with invertortopia and such but didn’t fully explain, was trying to find IRS official treatment. Good to know that Etrade has got it correct.


Thanks
by rai
Mon Aug 13, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Stock option tax question.
Replies: 2
Views: 213

Stock option tax question.

I sell some options and thought if the option was held longer than one year it would be counted as LT gain. However Etrade listed these as ST gain. Example if I sold a put on 1-2-17 and it expired on 2-2-18 (greater than one year) Here is the explanation I got from Etrade: Thank you for your message...
by rai
Wed Apr 11, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Investing
Replies: 24
Views: 2156

Re: Emergency Fund Investing

lostdog wrote:
Wed Apr 11, 2018 8:20 am
Vanguard Prime Money Market or Vanguard Federal Money Market.
If I'm in taxable (top tax bracket plus 3.8% affordable care tax) would it be better to put in Vanguard Municipal Money Market Fund (VMSXX)?
by rai
Wed Mar 14, 2018 12:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 477
Views: 46292

Re: Post your Financial Milestone Announcements Here

Don’t want to say the exact dollars but we made more on investments last year than we made from our jobs.
by rai
Fri Mar 09, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 2982

Re: To sell or not to sell

I appreciate people saying sell the stocks because Kodak happened ( etc. ). What if this is the situation is this: Individual stocks = 25% of all assets 70% of which is gains which would be taxed at 23.8% fed and 9% state so all together taxes paid would equal 5% of all savings. No tax loss harvesti...
by rai
Thu Mar 08, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 2982

Re: To sell or not to sell

Double post If I sold all my ‘winners’ at once I’d have to pay $xxx,xxx in taxes on capital gains, that’s not happening with my stock position so I’m trying to sell a few hundred shares a year. Probably the best to do is sell some every year until you are comfortable with the percentages. Example if...
by rai
Thu Mar 08, 2018 2:31 pm
Forum: Investing - Theory, News & General
Topic: To sell or not to sell
Replies: 39
Views: 2982

Re: To sell or not to sell

It’s likely you are talking about Apple stock among others, it’s the largest market cap stock and has gone up 10x in the past x number of years. Selling a stock that you’re up hundreds of percent is almost all capital gains, it’s hard for me (example) 30% tax on sale of stock, means a guaranteed los...
by rai
Mon Mar 05, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bond allocation (new addition lump sum)
Replies: 7
Views: 627

Re: Advice on bond allocation (new addition lump sum)

Maybe I’ll consider paying *some* on the mortgage just to put a bit in every basket so it’s less important to be wrong or right, it’s all going somewhere savings or paying off debt. Just seems like mortgage interest got less appealing real quick.
by rai
Mon Mar 05, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Advice on bond allocation (new addition lump sum)
Replies: 7
Views: 627

Re: Advice on bond allocation (new addition lump sum)

So my question is what's better in this rate environment? Should I put some more into short term funds or look to keep most intermediate bond funds? I would drop the idea that there is a rate environment that you need to respond to and put the additional money in the same investments you are alread...
by rai
Sun Mar 04, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on bond allocation (new addition lump sum)
Replies: 7
Views: 627

Re: Advice on bond allocation (new addition lump sum)

As always thanks for your consideration of my questions and feel free to ask anything or add any advice on what I may be overlooking.

PS I am going over with my tax accountant so that I will pay sufficient taxes, so this lump sum is still mid six-figures after taxes.

:sharebeer
by rai
Sun Mar 04, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on bond allocation (new addition lump sum)
Replies: 7
Views: 627

Advice on bond allocation (new addition lump sum)

asking advice on a specific addition to my retirement portfolio. I have greater than 7 figures already invested in a mix of individual stocks, Index ETFs, Bond ETFs and REIT ETFs My savings are roughly 33% taxable account and 64% tax shelter with the REITS and Bonds in tax shelters. US stocks 50% Re...
by rai
Tue Feb 27, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: Florida in the summer
Replies: 113
Views: 12040

Re: Florida in the summer

We just bought a second home in central FL near Orlando. The summer can be hot, but typically the early morning is nice and at least in central FL it will rain a good deal and cool off in the evening. We live in Maryland and used to live in NJ and PA so it gets sorta hot in the summer up there anywa...
by rai
Sun Feb 18, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Why investors shouldn’t panic over falling bond prices
Replies: 36
Views: 6840

Re: Why investors shouldn’t panic over falling bond prices

So what's a person to do? I'm sitting at 25% bonds which are 50-60% total bond fund plus some short term, and intermediate term government and intermediate term corporate VG funds. I'm looking at being invested for the next 20-35 years (current age = 52). Am I to worry about a dip in the short term ...
by rai
Wed Nov 08, 2017 9:30 pm
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 15050

Re: The fear of retirement, black swan, and math to dissuade the fear.

I can't see how you figure it's possible to make $10K/year by doing credit card sign-on bonuses and checking/brokerage accounts that number sounds ludicrously high, like an order of magnitude higher than possible. Anyway my feeling is that it's far easier for me to make 6-figures currently at a high...
by rai
Wed Nov 01, 2017 7:41 am
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 10757

Re: I'm fairly young but done with saving money

Good point 2M in 15 years is like $1.2M today it’s like nothing. So if you starting ramping up your expenses now, will your $2m retirement fund be enough to fund your increased budget once you pull the plug on your earnings stream? If OP starts living off his real earnings he will likely be used to ...
by rai
Wed Nov 01, 2017 7:30 am
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 10757

Re: I'm fairly young but done with saving money

I don’t know about you but $2M for early retirement seems very low to me. I’d double that figure at least. Health care is expensive, don’t know if you get health care through work but we are self employed and it costs us like $18 per year and it goes up like 10% or more every year, plus deductibles...
by rai
Wed Nov 01, 2017 7:14 am
Forum: Personal Finance (Not Investing)
Topic: I'm fairly young but done with saving money
Replies: 75
Views: 10757

Re: I'm fairly young but done with saving money

I don’t know about you but $2M for early retirement seems very low to me. I’d double that figure at least. Health care is expensive, don’t know if you get health care through work but we are self employed and it costs us like $18k per year and it goes up like 10% or more every year, plus deductibles...
by rai
Mon Oct 23, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: What can I do? was given wrong price on insurance and now told I can’t cancel.
Replies: 13
Views: 1492

Re: What can I do? was given wrong price on insurance and now told I can’t cancel.

Here is the relevant document, at number 5 it seems like it can be canceled for non payment or CC dispute

https://www.fema.gov/media-library-data ... ov2015.pdf
by rai
Mon Oct 23, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: What can I do? was given wrong price on insurance and now told I can’t cancel.
Replies: 13
Views: 1492

Re: What can I do? was given wrong price on insurance and now told I can’t cancel.

The way I see it, the important question here is, "Do you need flood insurance?" If you do, might as well pay the surcharge and be done with it. Flood insurance prices are non-negotiable as they are set by FEMA. You're not going to get a better price elsewhere. The house is in a low flood risk, but...
by rai
Mon Oct 23, 2017 2:54 pm
Forum: Personal Consumer Issues
Topic: What can I do? was given wrong price on insurance and now told I can’t cancel.
Replies: 13
Views: 1492

Re: What can I do? was given wrong price on insurance and now told I can’t cancel.

They did know this is my second house and even asked me for my billing address when we did the CC over the phone.

It’s that *they* were not aware there is a surcharge for second house.

If they were not aware how am I supposed to be aware of this.
by rai
Mon Oct 23, 2017 2:47 pm
Forum: Personal Consumer Issues
Topic: What can I do? was given wrong price on insurance and now told I can’t cancel.
Replies: 13
Views: 1492

Re: What should I do? was given wrong price on insurance am now told it’s not csncelable.

Iridium wrote:
Mon Oct 23, 2017 2:39 pm
Rai, this is all I see.
rai wrote:
Mon Oct 23, 2017 2:33 pm
I have a
It looks like your post was garbled. Try editing your post or adding a reply to put in the missing text.
Something was lost so I had to re type the whole post thanks
by rai
Mon Oct 23, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: What can I do? was given wrong price on insurance and now told I can’t cancel.
Replies: 13
Views: 1492

What can I do? was given wrong price on insurance and now told I can’t cancel.

I have a second house in another state Florida (I live in Maryland) I have an insurance broker who funnels my to house insurance and umbrella etc.. I asked them what would it cost for flood insurance they said $475/year for $250K loss coverage but 30 day waiting period. I said ok and they took full ...
by rai
Fri Aug 25, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale rules on options. (Sold puts)
Replies: 0
Views: 295

Wash sale rules on options. (Sold puts)

I've tried to Google search regarding this topic with inconclusive results. Example: I sell a put on xyz stock $100 strike for Jan 2018 when the stock is trading at $120 Now the underlying stock goes down to $80 leaving me negative $2000 on the put. What would happen if I sold another put Jan 2018 b...
by rai
Tue Aug 22, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Safe car for wife and baby
Replies: 97
Views: 8152

Re: Safe car for wife and baby

Really? So all I have to do is drive safely and I'll never be in an accident? The problem is not me or my vehicle, it is actually the very many stupid drivers out there with whom I have to share the road that are likely to kill me or my family! So, the safest vehicle I can buy will improve my survi...
by rai
Tue Aug 22, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: Safe car for wife and baby
Replies: 97
Views: 8152

Re: Safe car for wife and baby

Size really does matter a lot in car crash, I'll post a link later but you may consider a minivan. Besides being safe they are very convenient. Minivans ride very like a car, can get decent mileage and are hella versatile. Once you have one it's amazing how much you will love it. Otherwise a mid siz...
by rai
Wed Aug 02, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Cheap notebook for surfing/watching videos
Replies: 18
Views: 1936

Re: Cheap notebook for surfing/watching videos

iPad tell them he's a student and get for $309

I've heard Chromebooks are ok but there are so many variations that I don't know what is a good one or not. With an iPad you know what you are getting.
by rai
Tue Jul 18, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 3464

Re: 18 year old first credit card recommendations

Both kids have credit cards (in our names), I mean we are co owners on the CC (one is a minor). But I think it might be best for the adult to get something in her own name will try either Discover Student or at the bank she currently has checking and savings account with debit card also.
by rai
Sun Jul 16, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 3464

Re: 18 year old first credit card recommendations

indexonlyplease wrote:Why does a young adult need credit anyway. This is something the credit card companies push. The more you are in debt the better for them.
People need a credit card to build a credit rating.

She will not going into debt.

Did you see on the first post where I said will pay off each month?
by rai
Sun Jul 16, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: 18 year old first credit card recommendations
Replies: 44
Views: 3464

18 year old first credit card recommendations

My daughter is in college has a summer job $1000/month or so. I wanted her to get a credit card to build up a credit history. Best recommendation? Of course no annual fees and if possible good reward points or sign up bonus. Also is it best to use the card every month like getting gas etc to build u...
by rai
Tue Jul 04, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: options to buy stocks
Replies: 27
Views: 1970

Re: options to buy stocks

In fact, it is in a sense the worst of both worlds; you end up buying the stock if it goes down, and not buying it if it goes up. To compensate you for getting the worst of both worlds, you are paid an option premium, which, at any given time, may or may not be sufficient compensation. however, if ...
by rai
Tue Jul 04, 2017 2:21 pm
Forum: Investing - Theory, News & General
Topic: options to buy stocks
Replies: 27
Views: 1970

Re: options to buy stocks

want to check out one or the other books above (inventing money or When genius failed) can't decide which to read.
by rai
Tue Jul 04, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: options to buy stocks
Replies: 27
Views: 1970

Re: options to buy stocks

I sell puts as a means to gain money, not as a substitute for buy and hold which is my major position. I sell low out of the money puts. Example Amazon was at $800/share and I'd sell a 8 month out of the money put strike $600/share for $8 (iow $800 profit). Note this is just an example the actual nu...
by rai
Sun Jun 25, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: SS Payout - Individual and Spouse Benefit
Replies: 8
Views: 1651

Re: SS Payout - Individual and Spouse Benefit

can one receive spousal benefits at FRA and delay their own SS until they reach 70?
by rai
Tue Jun 20, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: is luxury car a smarter purchase?
Replies: 102
Views: 10288

Re: is luxury car a smarter purchase?

It's all a crap shoot. I sold my neighbor our old Ford Escort because we had little baby and we wanted a safer (bigger car too) anyway that car had like 120K miles when she sold it at 10 years sold for less than $1000. The neighbor drove the car for another 10 years with minor repairs. Literally it ...
by rai
Tue Jun 20, 2017 9:46 am
Forum: Personal Consumer Issues
Topic: is luxury car a smarter purchase?
Replies: 102
Views: 10288

Re: is luxury car a smarter purchase?

Most German luxury cars will cost a lot to fix. I can't say if your car will need to be repaired or not. Even a brand new car can need to be repaired. But I owned one car Honda S2000 literally nothing needed to be repaired or fixed for 6 years. I owned a BMW M3 also 6 years and it cost me $3000 out ...
by rai
Sat Jun 17, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Selling practice for a lump sum
Replies: 51
Views: 7424

Re: Selling practice for a lump sum

Yes this would be for each partner. It would be taxed as capital gains, so ballpark would be 1.3 m after taxes. I'm also in a medical group looking at a buyout. This cash is large. And a bird in the hand is worth two in the bush. Your effective tax rate is probably 33% or so (depending on state tax...
by rai
Wed Jun 14, 2017 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 17482

Re: Who takes financial chances and why is this forum so financially conservative?

The only thing about the forum members I would stereotype with being conservative is with cars and a house (and I defy that stereotype in a big way!). I think on cars and houses you have to distinguish between people who are financially "conservative" and those that just don't give a hoot about car...
by rai
Wed Jun 14, 2017 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 17482

Re: Who takes financial chances and why is this forum so financially conservative?

This forum has all shapes and sizes. I think the key unifying theme is to be aware of saving/investment for the future with a tilt away from stock picking or market timing. Sure some people do pick stocks or trade options (me) but overall I'm more concerned about saving, that is making more than I s...
by rai
Mon Jun 12, 2017 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Life Insurance as an Investment Vehicle
Replies: 39
Views: 4105

Re: Variable Life Insurance as an Investment Vehicle

Nothing wrong with investing money in a taxable account. As said above you can tax loss harvest (this is the closest thing to a free lunch) growth not taxed until you sell, dividends and long term gain taxed at a lower than income tax rate. You are free to use the money whenever you want. ** when yo...
by rai
Thu Jun 08, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17693

Re: 100% Stock Portfolio?

C'mon now! You know the general consensus amongst bogleheads is to not consider your emergency fund/cash reserve as apart of your portfolio. this is not the general consensus. I consider all my investible assets as a whole. That means my taxable, my 401K, IRAs, HSA, bank accounts, cash on hand (etc...
by rai
Wed Jun 07, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17693

Re: 100% Stock Portfolio?

I'm not against 100%, just against it as a full on forever plan. I mean once you have got your number or maybe your number three times over, what more are you accomplishing by staying more at risk? Also say you are 30 you can actually work another 30 years well full earner. If you're 50 you can not ...
by rai
Wed Jun 07, 2017 8:45 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17693

Re: 100% Stock Portfolio?

I'm not trying to argue but just pointing out if young you weren't heavily invested in 2007-8 etc.. There is a famous saying "No battle plan survives contact with the enemy" in other words it all looks good on paper. A better analogy is the famous Mike Tyson quote "Everybody has a plan until they ge...
by rai
Wed Jun 07, 2017 8:29 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17693

Re: 100% Stock Portfolio?

I'll wager that the young unmarried subset have not lived through 2007 or 1987 holding greater than $1M in assets 100% stock and thought it was a good idea. In 1987 the DOW had two down days one was -22% and one was 8% within 10 days of each other that'd be -$300K in two days from a $1M portfolio an...
by rai
Wed Jun 07, 2017 8:14 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17693

Re: 100% Stock Portfolio?

Can't say100% will always beat some percentage of stocks:bonds as it will happen in the future. No one knows the future plus in past has 100% alaways beat some combination with rebalancing? I mean you can't just look at bond retuns as a static number what if you were at 25% bonds and always rebalanc...
by rai
Wed Jun 07, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 17693

Re: 100% Stock Portfolio?

Looks like that bull market is coming to an end soon! Time to go all cash! I know. These kind of threads are the kiss of death. Well, can't believe a thread like this can effect the market at large, but I see what you mean when people are over joyful with stocks it's usually a sign that people are ...
by rai
Wed Jun 07, 2017 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent now first job, tax question.
Replies: 5
Views: 630

Re: Dependent now first job, tax question.

Thanks :sharebeer

Good idea about the Roth IRA too :moneybag

I don't mind paying taxes, but I also don't mind not paying taxes (legally). May get my daughter motivated to save for retirement early ( I'm an MD so it was difficult for me to save much until I was closer to 30).
by rai
Wed Jun 07, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Dependent now first job, tax question.
Replies: 5
Views: 630

Dependent now first job, tax question.

I'm deep in top tax bracket.

My daughter in college full time, age 18 just got a part time job I estimate to earn less than $4000/year

I'm unsure how to file her taxes, and what effect it'll have on my tax deductions.
by rai
Sun Jun 04, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 269
Views: 32454

Re: KF's Worst Case Retirement Plan [KlangFool's]

Folks, This is my worst-case retirement scenario. Please review and criticize. 1) Retire at 54 years old with a portfolio of 1 million and the AA of 60/40 2) 300K Mortgage. 6 years into 30 years 3.49% fixed rate mortgage. KlangFool I fail to see why the need to retire at 54 with so much left to cha...
by rai
Sat Jun 03, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Taxes on sold puts
Replies: 7
Views: 918

Re: Taxes on sold puts

If you have a stock put to you you can sell a covered call on the stock. Suppose you sold a put for a stock trading at $72.5 and you sell the strike price of $70 and the stock falls to $68 and you are forced to buy it. You can turn around and sell a 'call' on that stock at $70 or $72.5 and pick up a...