Search found 890 matches

by Dude2
Fri Nov 15, 2019 12:52 am
Forum: Personal Investments
Topic: Question about "Gross Expense Ratio" and "Net Asset Fee" in 401k
Replies: 3
Views: 222

Re: Question about "Gross Expense Ratio" and "Net Asset Fee" in 401k

I work for a megacorp, so it isn't as if it is some fly-by-night company without any scrutiny. They use Fidelity to manage their 401k. Anyway, not quite the same as your example, but, despite the funds I can invest in saying xx expense ratio, in addition I get hit with mysterious quarterly fees that...
by Dude2
Fri Nov 15, 2019 12:29 am
Forum: Personal Finance (Not Investing)
Topic: IRS billing me for 1099-SA that isn't mine
Replies: 11
Views: 1195

Re: IRS billing me for 1099-SA that isn't mine

I think there is a threshold in which it just doesn't pay to go down the path of investigating the mistake and so to just pay what they claim you owe. This is kind of like settling a lawsuit, i.e. you may be completely in the right, but it just doesn't make sense to pay a million dollars to prove it...
by Dude2
Fri Nov 15, 2019 12:21 am
Forum: Personal Finance (Not Investing)
Topic: mechanics of paying a large tax bill
Replies: 17
Views: 918

Re: mechanics of paying a large tax bill

A quick Googling has this article How to pay the IRS. I've never had your specific problem, but I've done some TIRA to Roth conversions in years where I was unemployed. I've sent around 30-40k using EFTPS from credit union checking account. No issues.
by Dude2
Fri Nov 15, 2019 12:08 am
Forum: Personal Consumer Issues
Topic: (Sigh) "Wasting" year-old smoke detector batteries...
Replies: 85
Views: 4174

Re: (Sigh) "Wasting" year-old smoke detector batteries...

As a couple posts have stated, most modern systems are hard-wired with battery only as a fail-safe. I'm sure that an analysis would reveal that a fire detection event AND a power failure event drop to extremely low probability -- on the order of a Ford Pinto exploding from a rear end collision. In c...
by Dude2
Thu Nov 14, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: Anyone had their house repiped?
Replies: 32
Views: 3174

Re: Anyone had their house repiped?

Plumbers like PEX cause it's easier and faster. That's the bottom line. In out make their cash. Same for DIYers. I'm an electrical engineer, and when I heard that you can run PEX and understand it just like electrical circuits, I thought, "sign me up." Assuming that's true, the design work becomes ...
by Dude2
Thu Nov 14, 2019 10:50 pm
Forum: Personal Consumer Issues
Topic: Gaming Desktop
Replies: 12
Views: 621

Re: Gaming Desktop

I think I'm up to about ten computers I've bought from here: Dell Refurbished For your price range, you could find a refurbished item with a bunch of horsepower and with a decent video card. You may have to buy a Solid State Drive and duplicate the existing hard drive over to it and possibly add som...
by Dude2
Sun Nov 10, 2019 11:04 am
Forum: Non-US Investing
Topic: Advantages for US persons abroad
Replies: 37
Views: 2679

Re: Advantages for US persons abroad

I am a US ex-pat, but I work for the same company abroad that I do in the US. I pay all of those taxes -- Federal, State, SS, Medicare. I don't think the definition of expat specifies you work outside the US for a foreign company. I can’t think of many positives, but if you move to a politically uns...
by Dude2
Fri Nov 08, 2019 11:56 pm
Forum: Personal Consumer Issues
Topic: Traveling to Riyadh for Business
Replies: 46
Views: 3919

Re: Traveling to Riyadh for Business

I'm glad you had a good time and safely made it back. However, be advised that all rules are arbitrarily enforced. What you experience today may change tomorrow.
by Dude2
Fri Nov 08, 2019 10:52 pm
Forum: Investing - Theory, News & General
Topic: Funds Missing from Vanguard Funds List
Replies: 16
Views: 1995

Re: Funds Missing from Vanguard Funds List

It just makes me want to invest in these secret funds all the more.
by Dude2
Fri Nov 08, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate ladder advice
Replies: 8
Views: 1088

Re: Corporate ladder advice

This is pretty generic and you probably know it already. Management is a slippery slope, not for everyone -- definitely not for me. As my boss recently put it, his job is to be liked and to make everyone believe that he is their friend. His job requires no specific technical skills. He just needs to...
by Dude2
Fri Nov 08, 2019 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Flight Delay in Europe
Replies: 20
Views: 1666

Re: Flight Delay in Europe

Having a law on the books in Europe is so sophisticated. I wonder how this works in Rome, where, as Alec Baldwin put it, "Flight schedules are just a suggestion." Why can't we get that in the US? I was delayed out of Newark to Orlando once (AA), and ended up in Charlotte just as the airport was clos...
by Dude2
Fri Nov 08, 2019 9:20 pm
Forum: Personal Consumer Issues
Topic: How bad business travel is?
Replies: 61
Views: 4674

Re: How bad business travel is?

Basically one does whatever they have to do to get the job done. When they put x% travel on the job description, this means they are cluing you in about the possibility of travel. There's no way they can know the job is going to require x%. A super low number like 10% is nothing. However, they can t...
by Dude2
Fri Nov 08, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Early Financial Independence. - Healthcare costs
Replies: 65
Views: 5212

Re: Early Financial Independence. - Healthcare costs

I may end up being wrong, but I think the model is unsustainable in which people are able to retire early and collect government subsidies to pay for their health care. Therefore, do not plan that this is a given and will always be there for you. The political wind can blow and take that away. In m...
by Dude2
Fri Nov 08, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Sell equities to pay down mortgage
Replies: 22
Views: 1913

Re: Sell equities to pay down mortgage

I don't think anyone has said it yet, so I will chime in with D -- direct all of your dividends from your stock to the mortgage, i.e. don't reinvest. If TSM is paying, say 2%, that's $4500 a year, more than your $300 a month figure, and you aren't paying any additional taxes. Just a thought as a com...
by Dude2
Fri Nov 08, 2019 10:25 am
Forum: Personal Investments
Topic: I'd like to buy individual bonds, bills, CDs, etc. simply as a learning experience
Replies: 12
Views: 728

Re: I'd like to buy individual bonds, bills, CDs, etc. simply as a learning experience

I agree. It isn't the tax that bothers me, but the extra paperwork, i.e. more items for filing. In tax-advantaged it's transparent.
by Dude2
Fri Nov 08, 2019 9:24 am
Forum: Personal Investments
Topic: Vanguard's SpecID Lists Average Cost instead?
Replies: 9
Views: 694

Re: Vanguard's SpecID Lists Average Cost instead?

For those that are calling Vanguard to resolve issues, kudos to you. I do not recommend sending an email. No matter how clear you are about your problem, it seems that the people reading them don't speak English well or are perhaps robots. I've had it where a very clear problem was referred to a rep...
by Dude2
Fri Nov 08, 2019 9:18 am
Forum: Personal Investments
Topic: I'd like to buy individual bonds, bills, CDs, etc. simply as a learning experience
Replies: 12
Views: 728

Re: I'd like to buy individual bonds, bills, CDs, etc. simply as a learning experience

I'm clueless too, so answers to your post will be interesting. It doesn't seem difficult if you already have a brokerage account with Vanguard. Use pull down Investing, then CDs and Bonds. Buy CDs (specify account). Then you get a list of all of the stuff: CDs, and bonds. You can click around and le...
by Dude2
Fri Nov 08, 2019 7:01 am
Forum: Personal Investments
Topic: Please critique IPS
Replies: 4
Views: 555

Re: Please critique IPS

Thanks Grok, I am indebted to you big time for all of your contributions to the forum. In terms of duration, I think I would only provide instructions for a best-effort. I have read that the duration of the TIPS funds is difficult to reconcile, i.e. comparing nominal duration and real duration is co...
by Dude2
Fri Nov 08, 2019 12:43 am
Forum: Personal Investments
Topic: Please critique IPS
Replies: 4
Views: 555

Please critique IPS

Tried to make this cogent and concise, highlighted in red the main points. I didn't want it to be an exhaustive treatise, so in my rationales, I'm trying to hit the major points only. This is to help me as my mental faculties fade. I am open to criticism. Also, I think this could work for many Bogle...
by Dude2
Wed Nov 06, 2019 12:19 pm
Forum: Non-US Investing
Topic: [wiki] New page for (potential) US citizens abroad: "US tax pitfalls ..."
Replies: 16
Views: 993

Re: [wiki] New page for (potential) US citizens abroad: "US tax pitfalls ..."

It is extremely helpful to bring all of this to light. US corporations (and their employees) need to weigh all of the costs to determine if the venture is even worthwhile. It surprised me to learn that our hosts made laws such that much of our profit had to be spent here on various programs designed...
by Dude2
Fri Nov 01, 2019 11:03 pm
Forum: Investing - Theory, News & General
Topic: Series I Savings Bond 0.20% Fixed Rate Announced 11/1/2019
Replies: 6
Views: 1887

Re: Series I Savings Bond 0.20% Fixed Rate Announced 11/1/2019

In other news, VTIP (30 day) SEC yield of 0.49% (real), and VAIPX of 0.27%. Granted those numbers will float all over the place and the I-Bond has a fixed real rate for 30 years, but it seems that these other inflation protected vehicles (funds) are just as good (or better) without purchase limits o...
by Dude2
Fri Nov 01, 2019 10:19 pm
Forum: Investing - Theory, News & General
Topic: Justifying Non World Market Cap
Replies: 38
Views: 2329

Re: Justifying Non World Market Cap

In the past it was significantly more expensive to invest internationally. To a large degree this drove the decision. This article lays out some factors. 10 Hidden Costs of Investing Overseas In an ideal, theoretical world, global market cap makes sense. Otherwise we are back to the arguments concer...
by Dude2
Fri Nov 01, 2019 8:42 pm
Forum: Personal Investments
Topic: Alternative to Muni Bond Fund (VMATX) due to MAGI Impact?
Replies: 7
Views: 537

Re: Alternative to Muni Bond Fund (VMATX) due to MAGI Impact?

It always amazes me how people will willingly forego a large amount of income in order to avoid a smaller amount of taxes. The way I read it, it isn't as simple as that. It is to shield income in order to qualify for essentially government subsidies, something I read about a little too often on thi...
by Dude2
Thu Oct 31, 2019 10:55 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 413
Views: 65663

Re: Good Modern Science Fiction

The Electric Church by Jeff Somers . Series continues. The Gap Into Conflict: The Real Story by Stephen R. Donaldson . Series continues. Neuromancer by William Gibson . Series continues. Ender's Game by Orson Scott Card . Series continues. Perdido Street Station by China Miéville . Series continues...
by Dude2
Wed Oct 30, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: VPNs
Replies: 32
Views: 3046

Re: VPNs

I've been very impressed with TorGuard. I live in a restrictive country. Their tech support has been great.
by Dude2
Mon Oct 28, 2019 7:28 am
Forum: Personal Consumer Issues
Topic: Insights into phishy email about apparently genuine order and shipment?
Replies: 5
Views: 690

Re: Insights into phishy email about apparently genuine order and shipment?

Great, now the surprise is ruined. Enjoy your new Nikes though. My company recently merged, and the vendors that do security changed/contracts expired or were renegotiated. Somehow I assume the entire email address list of both companies was leaked. We are getting bombarded with this sort of phishin...
by Dude2
Mon Oct 28, 2019 6:03 am
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4238

Re: Is this new to engineering job hunting?

Good electrical engineering grads will have rich choice and it will be easy to get a full-time job especially if relocation is a possibility for him. However, if he went to a school with a poor reputation and just barely met the minimum GPA requirements, and frankly just doesn't understand what he ...
by Dude2
Sat Oct 26, 2019 9:33 am
Forum: Personal Investments
Topic: Sanity check on carrying emergency fund inside 401k (asset location)
Replies: 26
Views: 1589

Re: Sanity check on carrying emergency fund inside 401k (asset location)

OP, I have 90K in checking and MMA as my emergency fund even though I have 500K of the stock index funds in my taxable account. Money is to be used to simplify my life. It is not an end goal by itself. KlangFool Same idea here. I assume emergency needs quick liquidity. I feel this way too. A person...
by Dude2
Sun Oct 20, 2019 10:36 pm
Forum: Personal Investments
Topic: How much to hold in cash?
Replies: 54
Views: 8051

Re: How much to hold in cash?

I am holding approximately 5%. I am still in the accumulation phase of life, but this is my emergency fund. There are two equivalent ways of working the allocation out. a) you steal equally from bonds and stocks, e.g. take 2.5% from stock, 2.5% from bonds b) you just consider the cash portion not pa...
by Dude2
Sat Oct 19, 2019 12:57 am
Forum: Personal Consumer Issues
Topic: Are Really Large Battery Brands Fungible?
Replies: 29
Views: 3307

Re: Are Really Large Battery Brands Fungible?

Something sounds wrong with the picture when both sets of batteries are going bad prematurely. This is essentially a car battery, and if you had to replace your car battery every couple of years, it would be a big deal. (Should get 5-7 years). I'm surprised why your system needs two sets of batterie...
by Dude2
Tue Oct 15, 2019 6:12 am
Forum: Personal Consumer Issues
Topic: Help me find some high quality cargo pants.
Replies: 63
Views: 5424

Re: Help me find some high quality cargo pants.

I work in a really hot climate, so, if you want lightweight and cool, you can't do better than Columbia. Micro thin polyester. Very comfortable. Zip pocket and velcro pocket. Some have zippers that allow you convert them to shorts. It's all I wear now. 511s are good for warmer climates.
by Dude2
Thu Oct 10, 2019 6:19 am
Forum: Personal Consumer Issues
Topic: Do you carry your passport with you during international travel?
Replies: 110
Views: 9491

Re: Do you carry your passport with you during international travel?

Do you carry your passport with you during international travel or leave it at the hotel? What are the best practices? As others have said, depends. I like to put countries into categories like 1st world, 2nd world, 3rd world. Probably only need to do this in the 3rd world. I've heard a US passport...
by Dude2
Thu Oct 10, 2019 6:07 am
Forum: Personal Consumer Issues
Topic: Hotel mini bar - rude to use for own stuff
Replies: 42
Views: 6284

Re: Hotel mini bar - rude to use for own stuff

Most hotels will, for no charge, remove their drinks from the refrigerator if you request this. Exactly, but, of course, unless you are a seasoned business traveler or live a jet-setter lifestyle, there's no way to know it. One can adopt an attitude that most people have which is to believe the hot...
by Dude2
Sat Sep 28, 2019 8:34 am
Forum: Forum Issues and Administration
Topic: Why don't members include location?
Replies: 25
Views: 1863

Re: Why don't members include location?

I also live in the desert.
by Dude2
Sat Sep 28, 2019 8:16 am
Forum: Investing - Theory, News & General
Topic: AA measured in years, not percentages.
Replies: 30
Views: 1714

Re: AA measured in years, not percentages.

Not retired, but my plan was going to be similar to how I view my emergency fund. It isn't part of my AA. Therefore, if you put aside x number of years of living expenses into your emergency fund, you still stay at 60/40. You don't drastically affect your risk level by living off your bonds when sto...
by Dude2
Sat Sep 28, 2019 7:40 am
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4062

Re: When do you see effects of compound interest on net worth?

If you are talking about fixed income, then, ok, let's talk math, no problem. What I don't comprehend is how people apply the concept of compound interest to their stock holdings. There are no guarantees of value with stocks. You may be able to put it into terms of number of shares increasing, but y...
by Dude2
Sat Sep 28, 2019 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever had to deal with an "evil" co-worker?
Replies: 11
Views: 1462

Re: Have you ever had to deal with an "evil" co-worker?

Yes, it is somewhat common. I also find people that have wide swings -- one day they're your best friend, the next they have turned into Hitler. Possibly brain chemistry is being altered/controlled by medication. I try to move out of their orbit.
by Dude2
Mon Sep 23, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Interest Rate Risk: Two Views
Replies: 126
Views: 8874

Re: Interest Rate Risk: Two Views

I thought I understood the pertinent facts, but since there are arguments I have become confused. In a nutshell, one could say that rising rates are not bad in the sense that if you hold for the duration, you have broken even. Then, the need date of the money needs to be at the duration point. I'm s...
by Dude2
Fri Sep 20, 2019 5:21 am
Forum: Investing - Theory, News & General
Topic: Interest Rate Risk: Two Views
Replies: 126
Views: 8874

Re: Interest Rate Risk: Two Views

If I am holding a short term bond fund, say duration of 2.5 years, and my projected retirement date is 30+ years from now, if the short term fund is yielding the same as the long term fund, then reinvestment risk is irrelevant. Right? No. If interest rates fall, say to zero, your short-term portfol...
by Dude2
Fri Sep 20, 2019 1:48 am
Forum: Investing - Theory, News & General
Topic: Interest Rate Risk: Two Views
Replies: 126
Views: 8874

Re: Interest Rate Risk: Two Views

If I am holding a short term bond fund, say duration of 2.5 years, and my projected retirement date is 30+ years from now, if the short term fund is yielding the same as the long term fund, then reinvestment risk is irrelevant. Right? Don't these premises assume a yield curve with some incentive to ...
by Dude2
Thu Sep 19, 2019 9:24 pm
Forum: Investing - Theory, News & General
Topic: Mortgage Sequence of Returns Risk Example.
Replies: 53
Views: 3010

Re: Mortgage Sequence of Returns Risk Example.

Jim Otar's Unveiling the Retirement Myth , chapter 30, has a section on leveraging, i.e. what are all the relevant variables, when it makes sense to do so -- all with an eyeball on "SRR" (in the sense that his Monte Carlo "aft-casts" are the meat of his work). His examples are not dissimilar to the ...
by Dude2
Mon Sep 16, 2019 10:47 pm
Forum: Personal Investments
Topic: Should I change i-bonds -> stocks?
Replies: 20
Views: 2167

Re: Should I change i-bonds -> stocks?

While I do love the concept of IBonds, I eventually bailed out of them due to my dissatisfaction with Treasury Direct. The confusion over the actual APR is a good example of the less than user-friendly nature of the government's interface with the public. Additionally, there are posts concerning how...
by Dude2
Sun Sep 15, 2019 11:07 pm
Forum: Non-US Investing
Topic: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]
Replies: 43
Views: 4118

Re: Not so happy in Denmark... individual stocks better than index funds? [US ex-pat]

I work in the UAE with, believe it or not, Danes. Often they buy nice cars here because there is something on the order of a 80% luxury tax which is tied into fuel efficiency in Denmark. These guys' strategy is to have a better quality of life here for a few critical years in which the wife can mana...
by Dude2
Sat Sep 14, 2019 10:19 pm
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 290
Views: 20013

Re: First 20% of bonds in long-term Treasuries

I understand your argument, but I have one caveat: If we get hit with rising inflation, with associated rising interest rates, where does that leave you in 5 years? Wouldn't having short-term bonds be more advisable? If your investment horizon is only 5 years, you definitely don’t want long-term bo...
by Dude2
Thu Sep 12, 2019 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 17639

Re: White collars- How much is your work downtime?

Let's call this the traditional model: Manager assigns employee work. If employee needs more work, he notifies manager. Management keeps the pipeline flowing. At end of year, employee is graded on work that was assigned and completed. In this model, when you are not assigned any work, you are under ...
by Dude2
Thu Sep 12, 2019 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Otar ORC "Tactical Investing" Anyone using this software?
Replies: 18
Views: 1739

Re: Otar ORC "Tactical Investing" Anyone using this software?

c) I can't find his passive investor quote for "50% stocks", but he most certainly doesn't mean "index funds" is synonymous with "passive investor". He says if you invested $100,000 in the Dow index from 1965-1982 the return = $100,072, but the Templeton Growth fund =$1,400,235. Unveiling the Retir...
by Dude2
Wed Sep 11, 2019 10:45 pm
Forum: Personal Investments
Topic: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt adm VWLUX or High yield VWALX
Replies: 23
Views: 1772

Re: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt VWLTX

VWALX does hold bonds subject to the AMT so if you are subject to AMT, VWIUX or VLUX are likely better choices. However, if you are not subject to AMT and are comfortable with an investment grade "A" bond fund, VWALX is an outstanding choice. This is an important point. Do not overlook this point. ...
by Dude2
Wed Sep 11, 2019 10:35 pm
Forum: Personal Investments
Topic: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt adm VWLUX or High yield VWALX
Replies: 23
Views: 1772

Re: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt VWLTX

VWALX does hold bonds subject to the AMT so if you are subject to AMT, VWIUX or VLUX are likely better choices. However, if you are not subject to AMT and are comfortable with an investment grade "A" bond fund, VWALX is an outstanding choice. This is an important point. Do not overlook this point. ...
by Dude2
Wed Sep 11, 2019 10:28 pm
Forum: Personal Investments
Topic: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt adm VWLUX or High yield VWALX
Replies: 23
Views: 1772

Re: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt VWLTX

VWALX does hold bonds subject to the AMT so if you are subject to AMT, VWIUX or VLUX are likely better choices. However, if you are not subject to AMT and are comfortable with an investment grade "A" bond fund, VWALX is an outstanding choice. This is an important point. Do not overlook this point. ...
by Dude2
Wed Sep 11, 2019 10:21 pm
Forum: Personal Investments
Topic: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt adm VWLUX or High yield VWALX
Replies: 23
Views: 1772

Re: Bonds tax exempt: Vanguard Interm-Term Tx-Ex Adm VWIUX or Vanguard Long-Term Tax-Exempt VWLTX

VWALX does hold bonds subject to the AMT so if you are subject to AMT, VWIUX or VLUX are likely better choices. However, if you are not subject to AMT and are comfortable with an investment grade "A" bond fund, VWALX is an outstanding choice. This is an important point. Do not overlook this point. ...