Search found 1597 matches

by bdpb
Tue May 05, 2020 9:49 am
Forum: Personal Investments
Topic: Portfolio Review - New Boglehead On the Right Track?
Replies: 21
Views: 945

Re: Portfolio Review - New Boglehead On the Right Track?

We do plan on having a couple kids, not planning on paying for their college. Student Loans: $70,000 at around 5.5%. Pursuing public service loan forgiveness, already approved for it. Payments are tied to income, this is a big factor in my Roth vs. Traditional decision. No other debt. After 10 year...
by bdpb
Tue Apr 28, 2020 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance under COBRA - Will returning to work disqualify me?
Replies: 53
Views: 3055

Re: Insurance under COBRA - Will returning to work disqualify me?

I checked my insurance provider's website directly and it said my status was active. However, I'm still within the initial grace period. You might want to do the same with your insurance provider directly, as I'm not sure if the COBRA administrator can see your status in real-time. The fact that yo...
by bdpb
Fri Apr 24, 2020 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24351

Re: IRS Get My Payment up and running

I've been trying once per day since the site launched. I am still told that I'm eligible but they don't have my direct deposit info. After trying to submit it, it errors out (-0- tax owed). Based on others' reports, I have been expecting the message that a cheque is being sent, but it hasn't happen...
by bdpb
Fri Apr 24, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Moving out of NYC due to pandemic
Replies: 164
Views: 12778

Re: Moving out of NYC due to pandemic

The specialty I work in is labor intensive and would like to have a patient population which is not obese. This literally breaks our back. So that excludes quite a few locations. Where do you expect to find patients that are not obese? See this: "Map: Overall Obesity" https://www.cdc.gov/obesity/da...
by bdpb
Fri Apr 24, 2020 1:28 pm
Forum: Personal Investments
Topic: Any high earners doing Roth conversion in 2020?
Replies: 32
Views: 2791

Re: Any high earners doing Roth conversion in 2020?

I don't think this decision should be based on the fact that stocks are cheaper. Converting a 100k today costs the same as converting 100k when stocks are higher. One could argue that it is more likely that you should NOT be converting when stocks are down. Since stocks are down, you have less money...
by bdpb
Fri Apr 24, 2020 1:17 pm
Forum: Personal Investments
Topic: To REIT or not to REIT?
Replies: 28
Views: 2420

Re: To REIT or not to REIT?

I think folks are misreading the OP. He is not in the real estate business, rather his businesses occupy real estate which makes him a customer of the REITs. Agreed, folks are misreading. One might argue that the OP should hold more REITs as a hedge. If rents go up, his business costs go up, but hi...
by bdpb
Fri Apr 24, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Interesting illustration of Rebalancing Bonus
Replies: 3
Views: 394

Re: Interesting illustration of Rebalancing Bonus

I thought this was common knowledge for most Bogleheads. Thanks for raising awareness again. Vineviz, as a favor, could you compare US total market with Intl total market for some period starting > 20 years where CAGR of the two are similar? With higher correlation and only similar CAGR, the bonus m...
by bdpb
Thu Apr 23, 2020 5:24 pm
Forum: Personal Consumer Issues
Topic: Sidewalk situation
Replies: 33
Views: 2182

Re: Sidewalk situation

Ask them to move it in front of one of your next door neighbors.

Rope it off.

In response to their "kids gotta play", tell them, "An adult's gotta do what's responsible."
by bdpb
Mon Apr 20, 2020 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off!!
Replies: 71
Views: 10191

Re: Laid off!!

1. I'm hurt, deeply hurt. I was lied to and someone got rid of me to look good, and maybe earn a bonus. The trust I had on small company management, as compared to mega-corps, has been shaken. How do these wounds heal? 5. Do I stand a chance if I decide to sue them? I will refuse to sign the severa...
by bdpb
Mon Apr 20, 2020 9:16 pm
Forum: Personal Investments
Topic: Newbie Portfolio Analysis (and some questions)
Replies: 10
Views: 532

Re: Newbie Portfolio Analysis (and some questions)

With many things shut down due to the virus, you're not actually playing right now, correct? Do you have any idea when you will get to play? How or when you'll be paid? Do you get to apply for unemployment? How do you plan to pay for school in a few years if you fail to progress? You might consider ...
by bdpb
Mon Apr 20, 2020 1:39 pm
Forum: Investing - Theory, News & General
Topic: 60% now say: September or later
Replies: 13
Views: 2218

Re: 60% now say: September or later

JakeyLee wrote:
Mon Apr 20, 2020 10:41 am
I do think at risk people should continue to stay home.
Everyone is at risk. Some more than others.

If you are asymptomatic, should you stay home?
by bdpb
Sat Apr 18, 2020 11:18 am
Forum: Personal Investments
Topic: What To Do With Leftover Cash In A Roth IRA?
Replies: 9
Views: 699

Re: What To Do With Leftover Cash In A Roth IRA?

You could buy one or two shares of some lower priced ETF.
by bdpb
Fri Apr 17, 2020 9:09 am
Forum: Personal Investments
Topic: My friend says his Roth and 401k are higher than before the pandemic started
Replies: 49
Views: 5579

Re: My friend says his Roth and 401k are higher than before the pandemic started

My friend said his Roth IRA and 401k balances are higher than before this pandemic started. I am wondering how this can be? My accounts are down about 25-30% since the high in February. Back then the DOW was 29,500 and it's currently around 23,400 so that sounds about right. But he says the S&P is ...
by bdpb
Tue Apr 14, 2020 10:58 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 625
Views: 32903

Re: What are you listening to now

...(I just found an entire stash of CDs that were missing from my collection...) Don't know Savoy Brown's music but after seeing they are from the UK, it makes me think of a fantastic rock/blues English guitar player of a similar era (and the vocalists he works with): Robin Trower (Bridge of Sighs)...
by bdpb
Tue Apr 14, 2020 5:02 pm
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 140
Views: 16605

Re: Still using total bond market?

Total Bond is comprised of MBS, Corporates and Treasuries, of varying maturities. Would anyone be willing to tell me which particular slice of the total bond market will outperform over the next ten years? :) If stocks go up over that time then I don't really care which bonds I hold. I expect they'...
by bdpb
Tue Apr 14, 2020 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5454

Re: Mortgage payoff - Am I crazy?

We recently received an inheritance from my FIL, with approx. $120k of it being cash. He also left IRA’s & stocks that we’ll keep in the market for now and hope for a rebound. You should not necessarily wait for a "rebound" to sell the stocks. That is a mental trap that many folks fall into. If the...
by bdpb
Mon Apr 13, 2020 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: HSA and FSA Question
Replies: 7
Views: 422

Re: HSA and FSA Question

The limited purpose FSA is indeed for dental and optometry expenses. Once your deductible is met, you are allowed to use your LPFSA for co-pays. The problem with the LPFSA is that you must use it or lose it. HSAs are portable and don't expire. You may or may not be able to use FSA funds for medical...
by bdpb
Mon Apr 13, 2020 9:24 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 625
Views: 32903

Re: What are you listening to now

Don't know Savoy Brown's music but after seeing they are from the UK, it makes me think of a fantastic rock/blues English guitar player of a similar era (and the vocalists he works with): Robin Trower (Bridge of Sighs) https://www.youtube.com/watch?v=Q2afD0B0I-g +1 on Robin Trower Seems we've cross...
by bdpb
Mon Apr 13, 2020 1:14 pm
Forum: Forum Issues and Administration
Topic: Can one post a resume on a Bogleheads forum?
Replies: 5
Views: 934

Re: Can one post a resume on a Bogleheads forum?

This thread is now in the Forum Issues and Administration forum (guidelines). We are primarily an investing and personal finance forum. Although we permit career guidance questions, it is only because your career affects your compensation. So, would it be ok to say I'm unemployed (severely affectin...
by bdpb
Mon Apr 13, 2020 11:52 am
Forum: Personal Investments
Topic: Best way to pay for a kid's birth?? Combined HSA and FSA!
Replies: 17
Views: 1128

Re: Best way to pay for a kid's birth?? Combined HSA and FSA!

The OP seems to have an FSA which allows both limited-purpose and post-deductible withdrawals. Publication 969 says that this is allowed; an FSA or HRA is HSA-compatible if it meets "one or more of the following arrangements: limited-purpose, suspended HRA, post-deductible, retirement". I had never...
by bdpb
Mon Apr 13, 2020 11:32 am
Forum: Forum Issues and Administration
Topic: Can one post a resume on a Bogleheads forum?
Replies: 5
Views: 934

Can one post a resume on a Bogleheads forum?

Occasionally, I see posts looking for work and responses for a PM. Are these allowable posts on a Boglehead's forum?

Under current conditions it would seem that a forum in the Boglehead's community would be a great place for matching Boglehead employer's with Boglehead unemployed.
by bdpb
Mon Apr 13, 2020 11:12 am
Forum: Personal Investments
Topic: Best way to pay for a kid's birth?? Combined HSA and FSA!
Replies: 17
Views: 1128

Re: Best way to pay for a kid's birth?? Combined HSA and FSA!

Post-deductible FSAs are allowed but not common. One reason is that few employees will use a post-deductible FSA, since it becomes worthless unless you reach your HDHP deductible, and most people who use HDHPs do not expect to reach the deductible. Limited-purpose FSAs are more common, because many...
by bdpb
Mon Apr 13, 2020 11:06 am
Forum: Personal Investments
Topic: Best way to pay for a kid's birth?? Combined HSA and FSA!
Replies: 17
Views: 1128

Re: Best way to pay for a kid's birth?? Combined HSA and FSA!

It's not clear to me what makes this post-deductible use of the Limited Purpose FSA legit. Are all LP FSA eligible or does it require something specifically written in to the employers plan? See p. 5 of https://www.irs.gov/pub/irs-pdf/p969.pdf. Those conditions must be written into the plan, not so...
by bdpb
Mon Apr 13, 2020 10:21 am
Forum: Personal Investments
Topic: Best way to pay for a kid's birth?? Combined HSA and FSA!
Replies: 17
Views: 1128

Re: Best way to pay for a kid's birth?? Combined HSA and FSA!

It's not clear to me what makes this post-deductible use of the Limited Purpose FSA legit.

Are all LP FSA eligible or does it require something specifically written in to the employers plan?
by bdpb
Sun Apr 12, 2020 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Unemployment vs. work at Amazon warehouse/CA
Replies: 84
Views: 5873

Re: Unemployment vs. work at Amazon warehouse/CA

Why did she apply for a job she can't perform? It will only drive her crazy and may cause her physical harm. I would decline the job (assuming it doesn't cause her to lose UI) and look for something that matches her skills. She may be unemployed for a while, but if she takes the job she will likely ...
by bdpb
Sat Apr 11, 2020 10:46 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 625
Views: 32903

Re: What are you listening to now

This may be a bit young for the Boglehead crowd, she's 18.

Billie Eilish - When We All Fall Asleep, Where Do We Go?

Better yet, "This is Billie Eilish" on Spotify. It includes additional hits from the last few years.
by bdpb
Sat Apr 11, 2020 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27221

Re: just got my $1200 stimulus payment

just checked my bank acct because I heard the stimulus payments could be as early as today. Sure enough $1200 dumped in savings. Not sure how to make this actionable other than to say I plan to invest it. anyone else get theirs today? They call it a stimulus payment for a reason. Now go forth and d...
by bdpb
Fri Apr 10, 2020 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff - Am I crazy?
Replies: 81
Views: 5454

Re: Mortgage payoff - Am I crazy?

Thank you all for your responses, sorry I've been a bit tardy responding to some of your questions...please see my responses below. Current EF: $30k HELOC: Yes, $100K, has not been touched. House value: Approx $300k College: To date, we've been paying for college via cash flow on our end + assistan...
by bdpb
Thu Apr 09, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: CARES bill unemployment benefits - layoff date requirement?
Replies: 4
Views: 449

Re: CARES bill unemployment benefits - layoff date requirement?

Looks like I can answer my own question. I received an additional $600 for week ending 4/5. I think each state is getting it out at different times. Was it a separate direct deposit in addition to your state deposit? same day? Illinois. Came all as one in same direct deposit. The accounting report ...
by bdpb
Thu Apr 09, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: CARES bill unemployment benefits - layoff date requirement?
Replies: 4
Views: 449

Re: CARES bill unemployment benefits - layoff date requirement?

Looks like I can answer my own question.

I received an additional $600 for week ending 4/5.
by bdpb
Thu Apr 09, 2020 3:03 pm
Forum: Investing - Theory, News & General
Topic: Nassim Taleb-Advised Universa Tail Fund Returned 3,600% in March
Replies: 66
Views: 6391

Re: Nassim Taleb-Advised Universa Tail Fund Returned 3,600% in March

Spitznagel included a chart in his letter showing that a portfolio invested 96.7% in the S&P 500 and 3.3% in Universa’s fund would have been unscathed in March, a month in which the U.S. equity benchmark fell 12.4%. The same portfolio would have produced a compounded return of 11.5% a year since Ma...
by bdpb
Mon Apr 06, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Picking insurance at new job (HDHP vs PPO)
Replies: 3
Views: 313

Re: Picking insurance at new job (HDHP vs PPO)

I can't decide which plan offered by my new job makes the most sense for us. We're a mid-30s couple with no kids in good health, but my wife is likely going to have a hip labral tear repair done in November/December. Why don't you plan the surgery for January 2021? That would give you max flexibili...
by bdpb
Mon Apr 06, 2020 8:28 pm
Forum: Personal Investments
Topic: Tips on how to stop checking finances too often?
Replies: 29
Views: 1388

Re: Tips on how to stop checking finances too often?

You really shouldn't have to check the balance of your accounts to approximately know what their current value is. If you have about 200k in stocks and the market goes down about 10%, you lost about 20k. Don't bother checking whether it's 19k or 21k. Does 2k really matter that much? If you don't lik...
by bdpb
Mon Apr 06, 2020 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Rural Home: Getting Hardwired?
Replies: 39
Views: 2647

Re: Rural Home: Getting Hardwired?

Do you have another place on your property that would have better line of sight reception?

You could run your own cabling or directed wifi from there to the main house.
by bdpb
Mon Apr 06, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance under COBRA - Will returning to work disqualify me?
Replies: 53
Views: 3055

Re: Insurance under COBRA - Will returning to work disqualify me?

Near the end of my unpaid leave, I'm supposed to receive an application from a COBRA administrator. That tells me COBRA is outsourced. So, fill out the paperwork and have the check ready. The Employee's Guide has the details, I'll have to see how the timing goes for my plan. The plan cannot require...
by bdpb
Mon Apr 06, 2020 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Rural Home: Getting Hardwired?
Replies: 39
Views: 2647

Re: Rural Home: Getting Hardwired?

kayakprof wrote:
Mon Apr 06, 2020 6:53 am
The initial estimate is $9400 for fiber optic.
Did they give you a timeline when this could be done? Will summer 2021 be good enough?
by bdpb
Mon Apr 06, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: Modern Monetary Theory
Replies: 97
Views: 6593

Re: Modern Monetary Theory

Alchemist wrote:
Mon Apr 06, 2020 5:52 am
Because of its strong tradition of an independent central bank,
Does this exist today and do you expect it to always exist?
by bdpb
Sat Apr 04, 2020 1:08 pm
Forum: Investing - Theory, News & General
Topic: Why Factor Investing Increases Behavioral Risk
Replies: 39
Views: 2438

Re: Why Factor Investing Increases Behavioral Risk

There are two types of stock investors, same as two types of factor investors. I would guess that most stock investors are led there by performance chasing, sold on the idea that it will lead to "above average" returns. Plenty of people, I'm afraid, put very little thought into stock investing as we...
by bdpb
Sat Apr 04, 2020 12:57 pm
Forum: Personal Investments
Topic: Right time to convert to Roth IRA?
Replies: 14
Views: 1324

Re: Right time to convert to Roth IRA?

The value of tIRA is still above the contribution. My last contribution was in 2014 when I was able to contribute pre-tax and the cost basis is approx 40K. On tax front, it is still very harsh but it would open up backdoor IRA which I am not able to do since 2015 for my spouse. So I am undecided an...
by bdpb
Sat Apr 04, 2020 12:13 pm
Forum: Investing - Theory, News & General
Topic: Why Factor Investing Increases Behavioral Risk
Replies: 39
Views: 2438

Re: Why Factor Investing Increases Behavioral Risk

I am not suggesting to avoid small-value or any other factor tilt. I am saying if you go down this path, it must be a life-long investment strategy. You need to embrace it, attach to it, and in a sense, marry it. Seems to me that one who has bought into the SCV theories may be less likely to do bad...
by bdpb
Sat Mar 28, 2020 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: CARES bill unemployment benefits - layoff date requirement?
Replies: 4
Views: 449

CARES bill unemployment benefits - layoff date requirement?

Somewhere I seemed to have heard that there would be a requirement related to the date of layoff to receive enhanced unemployment benefits provided in the CARES bill. For example, if one were laid off in early January and are currently receiving benefits that one would not be eligible for the $600 w...
by bdpb
Fri Mar 27, 2020 8:50 pm
Forum: Investing - Theory, News & General
Topic: Market will be at all time high by year-end
Replies: 124
Views: 11963

Re: Market will be at all time high by year-end

Fail to see how that would make you a genius.

Or did you come to that conclusion by throwing darts?
by bdpb
Mon Apr 29, 2019 9:47 pm
Forum: Personal Investments
Topic: Which Bond fund should I choose?
Replies: 24
Views: 1548

Re: Which Bond fund should I choose?

What other funds are available in your SIMPLE IRA? Are there lower cost funds? Get your bonds in another account, another IRA or rollover some of your SIMPLE IRA outside your employer for lower cost funds.
by bdpb
Fri Apr 19, 2019 11:29 pm
Forum: Personal Investments
Topic: Investing in 529
Replies: 13
Views: 1271

Re: Investing in 529

Quick question. Any reason not to invest 529 funds like I would invest Roth IRA funds? I would think holding the riskiest assets there would make sense, since they will ultimately come out tax free. Any thoughts? Our plan is to fund only about $200 per month to the 529 and pay for college with this...
by bdpb
Mon Apr 08, 2019 8:10 pm
Forum: Personal Investments
Topic: Minutiae is in the eye of the beholder-Help, something's in my eye!
Replies: 29
Views: 2242

Re: Minutiae is in the eye of the beholder-Help, something's in my eye!

At this point in time, it may not a big deal. But, what do you want to happen after you pass? Will your spouse be better off if all the money goes to the relative at this high cost? Maybe as an intermediate step you can agree to move the ML funds to just one balanced fund. Over time she'll see how s...
by bdpb
Sat Apr 06, 2019 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds considering moving to NYC...advice and insight appreciated.
Replies: 51
Views: 4857

Re: Newlyweds considering moving to NYC...advice and insight appreciated.

If you live in the city, your commutes could add an hour plus each way on top of 9 hour work days meaning you may not have a lot of free time to enjoy the city except for weekends. Why not live close to jobs for extra daily free time and spend the weekends in the city. Schedule every Saturday night ...
by bdpb
Sat Apr 06, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion to Bracket Top While Working?
Replies: 5
Views: 642

Re: Roth Conversion to Bracket Top While Working?

Are others employing this strategy with working incomes? Yes, for mostly all the same issues and reasons you stated. Salaried income in 22% and converting to top of 22%. Younger than you (so no IRMAA impact yet), so may consider into the 24% bracket over the next couple of years. One additional rea...
by bdpb
Sat Apr 06, 2019 7:40 pm
Forum: Personal Investments
Topic: 25 Y/O 401K Allocation.. Please Advise.
Replies: 9
Views: 730

Re: 25 Y/O 401K Allocation.. Please Advise.

Emergency Fund = Working on it, 1/3 three months saved Debt = 20K student loans left. Almost done paying my highest percentage loan, 6% State = New York Age = 25 Y/O, Single 100k per year income I have about 20k currently in my 401K, thought I'm not maxing it this year in an attempt to pay off loan...
by bdpb
Tue Apr 02, 2019 7:52 pm
Forum: Personal Investments
Topic: Portfolio Advice 8yrs from Retirement
Replies: 8
Views: 876

Re: Portfolio Advice 8yrs from Retirement

If you decide upon Roth contributions and are eligible for deductible tIRA then you should consider the side-door Roth. That is, since you live in IL, you can make a federal and state tax deductible contribution, then immediately convert the same amount to Roth. Since IL does not currently tax IRA w...
by bdpb
Sat Mar 30, 2019 12:41 am
Forum: Personal Investments
Topic: Help Re-Balancing Portfolio so I can retire in a few years
Replies: 8
Views: 1424

Re: Help Re-Balancing $1.6M Portfolio so I can retire in a few years

If you are going to own individual stocks they should probably be in taxable. That would seem the most tax efficient. Preferably, the non-dividend producing stocks. Since individual stocks are generally more volatile there are more chances to TLH further increasing tax efficiency. On average the ind...