Search found 3854 matches

by mhc
Thu Apr 18, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: House with Permanent Wood Foundation - Would You Buy?
Replies: 12
Views: 1050

Re: House with Permanent Wood Foundation - Would You Buy?

Do you trust your local builder friend? If so, don't buy it.
by mhc
Thu Apr 18, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: Electric smoker
Replies: 26
Views: 1058

Re: Electric smoker

This is the bogleheads of BBQ: https://www.bbq-brethren.com/forum/ For the price you are looking at I would get a propane smoker. Very good BBQ can be produced in one. I've used one for about 12 years now. It works in all weather. I'm not a fan of electric in rain and snow or of having an extension ...
by mhc
Mon Apr 15, 2019 9:48 am
Forum: Personal Investments
Topic: Shifting away from 100% stocks - how do you execute shift without timing?
Replies: 17
Views: 1143

Re: Shifting away from 100% stocks - how do you execute shift without timing?

If you can get there with only new contributions, then I would do that.

I'm not a big fan of making big moves all at once. Directing new funds to accomplish your goal will be gradual and give the descision time to settle.
by mhc
Mon Apr 15, 2019 8:55 am
Forum: Personal Investments
Topic: Best Order Type to sell individual stocks
Replies: 5
Views: 526

Re: Best Order Type to sell individual stocks

If the stocks have reasonable volume, then do a market order away from open or close.
by mhc
Wed Apr 10, 2019 11:00 am
Forum: Personal Investments
Topic: Treating Home as Bonds?
Replies: 15
Views: 670

Re: Treating Home as Bonds?

AA should be based off of ability and need to take risk. Having a paid off home could definitely affect an AA. I can imagine that having a paid off home increases ones ability to take risk, which would result in a smaller percentage of bonds. In affect this is similar to treating home as bonds. Call...
by mhc
Wed Apr 10, 2019 9:34 am
Forum: Personal Consumer Issues
Topic: Seeking ideas for name of Project
Replies: 27
Views: 659

Re: Seeking ideas for name of Project

20 years ago I got tired of wasting time on choosing names, so I wrote a script to randomly choose a 3-5 letter word out of the UNIX dictionary. This was used for a long time for choosing project names. Now, we choose names from cities within our region. The names have to be short. No use in typing ...
by mhc
Mon Apr 08, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: After importing 1099-DIVs and 1099-Rs, what do you "clean up"?
Replies: 8
Views: 824

Re: After importing 1099-DIVs and 1099-Rs, what do you "clean up"?

The cost basis for ESPP, RSU, and NQSO can be wrong on 1099s.
by mhc
Wed Apr 03, 2019 2:15 pm
Forum: Personal Consumer Issues
Topic: Is $650 for a Roof Inspection Too Much?
Replies: 37
Views: 2635

Re: Is $650 for a Roof Inspection Too Much?

I have never paid for a roof inspection. Maybe it is common in Boston. I would find 3-4 reputable companies and call each of them to see what it costs for a roof inspection.
by mhc
Wed Apr 03, 2019 9:03 am
Forum: Personal Investments
Topic: ESPP
Replies: 5
Views: 418

Re: ESPP

Sell immediately and diversify.
by mhc
Tue Apr 02, 2019 9:50 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 16299

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

I came to realize that my days were numbered at the age of 44. I had seen too many layoffs. I started my 11 year plan to be able to retire by age 55. I still continue to see multiple layoffs every year. I think I hit my goal after 7 years (thinks to this site and the bull market). It would be nice t...
by mhc
Fri Mar 29, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: Shut off water before a vacation
Replies: 78
Views: 5696

Re: Shut off water before a vacation

I turn off the water, hot water heater, and ice maker. Right after my main shutoff in the house the pipe tees. One leg going to the house and one leg going to the sprinkler system. I have a shutoff for everything and individual ones for the house and sprinkler. All ball valves. If I need to keep the...
by mhc
Thu Mar 28, 2019 11:28 am
Forum: Personal Investments
Topic: Double-check before realizing large capital gains
Replies: 10
Views: 1232

Re: Double-check before realizing large capital gains

A couple things to consider. There are safe harbor rules to avoid under payment penalities in windfall years. You may not need to make estimated quarterly tax payments. If you give to charities on a regular basis, you could donate the shares instead of giving cash to avoid the long term capital gain...
by mhc
Mon Mar 25, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Ireland & Scotland Do I Need Cash?
Replies: 24
Views: 1688

Re: Ireland & Scotland Do I Need Cash?

It's been a few years since I have been to Scotland. Some of the taxis then in Glasgow only took cash. They were willing to take me to an ATM to get cash. The ATMs fees and exchange rates were fair.

Because I did not have a chip and pin CC, it caused some issues.
by mhc
Tue Mar 12, 2019 2:39 pm
Forum: Personal Consumer Issues
Topic: Need online doc access - small amount
Replies: 13
Views: 544

Re: Need online doc access - small amount

Can you disconnect your work computer from the company network and tether it to your phone?

If the edits are small, can you just do the edits on your phone? Microsoft Office is free for small screens. This dumbed down version of Office works well for small edits on simple documents.
by mhc
Tue Mar 12, 2019 8:22 am
Forum: Investing - Theory, News & General
Topic: Is buying only assets with "tickers" a good Boglehead "rule"?
Replies: 23
Views: 1463

Re: Is buying only assets with "tickers" a good Boglehead "rule"?

I guess it depends on what exactly you mean by "tickers."

Do CDs, CITs, Bonds, ... have tickers?

For me the Boglehead guidelines are clear enough without adding this to the list.
by mhc
Thu Mar 07, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Employee stock options investment thesis?
Replies: 29
Views: 1636

Re: Employee stock options investment thesis?

Let's see if I can get this right. Options have intrinisic and extrinsic value. When you first get the option, everything is extrinisic value. The goal is to extract as much of the extrinsic value as possible. As the FMV goes up and time runs out, the extrinsic value goes down. I receive 10 year opt...
by mhc
Sun Mar 03, 2019 5:49 pm
Forum: Personal Investments
Topic: 3 fund portfolio minimum
Replies: 36
Views: 1261

Re: 3 fund portfolio minimum

Three-fund portfolio is an outdated recommendation. Unless you want to tilt, all you need for the stock portion is VTWAX. I completely disagree. If you don't want to tilt away from global market cap towards the home country, what would the benefit of a 3 fund portfolio be over the 2 fund (VTWAX+VBT...
by mhc
Sun Mar 03, 2019 5:47 pm
Forum: Personal Investments
Topic: 3 fund portfolio minimum
Replies: 36
Views: 1261

Re: 3 fund portfolio minimum

Vulcan wrote:
Sun Mar 03, 2019 5:39 pm
Three-fund portfolio is an outdated recommendation. Unless you want to tilt, all you need for the stock portion is VTWAX.
Vulcan's opinion. Many still follow the 3 fund portfolio. It is not outdated.
by mhc
Sun Mar 03, 2019 5:33 pm
Forum: Personal Investments
Topic: 3 fund portfolio minimum
Replies: 36
Views: 1261

Re: 3 fund portfolio minimum

Welcome to the forum. ETF is an option, but if you prefer Mutual Funds, then just buy two of them. Add the third when you can. Then over time as you add more money, get everything into the right ratios according to your desired asset allocation (AA). When first starting out, your saving rate is more...
by mhc
Tue Feb 26, 2019 12:58 pm
Forum: Personal Consumer Issues
Topic: Anyone Keep a Second Fridge in Garage?
Replies: 56
Views: 4071

Re: Anyone Keep a Second Fridge in Garage?

We have the kitchen fridge, a deep freeze in the garage, and a full size fridge only (no freezer) on the back porch. The fridge on the back porch is really nice for grabbing a cold drink when outside playing, partying, or working.
by mhc
Sun Feb 24, 2019 9:59 pm
Forum: Personal Consumer Issues
Topic: Roof stack cap replacement
Replies: 22
Views: 1337

Re: Roof stack cap replacement

If all you need is the cap, you can buy a new one from the hardware store and put it on yourself. Easy. I would only hire someone to do it if you cannot easily access it. I had to replace mine a few years back because it blew off. It's easy to put it on. Getting up on the roof and getting back down ...
by mhc
Thu Feb 21, 2019 11:27 am
Forum: Personal Consumer Issues
Topic: Where online to see real costs of new cars?
Replies: 6
Views: 749

Re: Where online to see real costs of new cars?

I would not use any of the sites listed above in prior posts. I would go to the car user forum for the make and model you are going to buy. There should be a thread on what people are paying. I know for Honda this works well.
by mhc
Wed Feb 20, 2019 4:33 pm
Forum: Personal Consumer Issues
Topic: Comcast [Early termination fee problem]
Replies: 16
Views: 1137

Re: Comcast [Early termination fee problem]

If you agreed to the contract that included early termination fees, then pay them. If you didn't agree to them, then dispute them.
by mhc
Wed Feb 20, 2019 4:31 pm
Forum: Personal Investments
Topic: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?
Replies: 8
Views: 713

Re: Software and Tax Software Selects Schedule D vs Form 8949 for Reporting Stock Transactions?

I wish I didn't have to use 8949, but since I have to correct cost basis, I'm forced into using 8949.

Publication 550 covers when you are allowed to use the summary and only Schedule D.
by mhc
Wed Feb 20, 2019 11:11 am
Forum: Personal Consumer Issues
Topic: Advice for young teen with Perfectionism
Replies: 22
Views: 1360

Re: Advice for young teen with Perfectionism

I'm not a pyschologist, but it doesn't seem like a perfectionism problem. It sounds like a self doubt issue. At least that how it comes across to me. I am a perfectionist, but I lack self doubt. Perfectionism for me is easy to deal with. I have to keep a very broad perspective of variables to optimi...
by mhc
Wed Feb 20, 2019 10:19 am
Forum: Personal Investments
Topic: No emergency fund?
Replies: 51
Views: 3700

Re: No emergency fund?

I do not have a dedicated EF. I have not had an emergency in over 25 years. If I couldn't cash flow an emergency, I would sell equity funds from my taxable account or I might exercise some stock options.
by mhc
Wed Feb 20, 2019 9:20 am
Forum: Personal Consumer Issues
Topic: Do others dislike Vanguard's new website as much as me?
Replies: 149
Views: 9384

Re: Do others dislike Vanguard's new website as much as me?

Worked perfectly fine for me. Over the last week I have downloaded my tax forms, bought a new fund, checked my balances, ....

I have not noticed much of a change at all over the last few years.
by mhc
Tue Feb 19, 2019 3:54 pm
Forum: Personal Investments
Topic: Exchanging VFINX for VTSAX
Replies: 8
Views: 564

Re: Exchanging VFINX for VTSAX

It is fine to exchange VFINX for VTSAX in your Roth. It will have no tax consequences.

Why would you add small cap? I'm not saying it is wrong, but may sure you have good reasons and will stick with it.
by mhc
Mon Feb 18, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 362
Views: 28252

Re: [2018 tax return - How does it compare to previous years?]

Just finished my calculations: 2017: 33% bracket effective rate 25.4% (taxes/taxable income) 2018: 35% bracket effective rate 22.7% AGI and taxable income $60k higher than 2017 (mainly W-2 income) paid $3700 more in taxes in 2018 Itemized both years. 2018 SALT was $26k before being reduced to $10k. ...
by mhc
Mon Feb 18, 2019 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax eFile fails with "cancelled"
Replies: 8
Views: 1434

Re: TurboTax eFile fails with "cancelled"

I have not tried to file yet. Try again. If it doesn't work, contact them.
by mhc
Mon Feb 18, 2019 1:39 pm
Forum: Personal Consumer Issues
Topic: Best PAID music streaming service?
Replies: 69
Views: 4172

Re: Best PAID music streaming service?

Amazon will let you upload your music so that you can stream it. All Amazon CD purchases are automatically added to your library. You need to be a Prime member. I think this is one of the few services that let you upload your music. Spotify and Youtube Music are two other options. They do not allow ...
by mhc
Fri Feb 15, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Any way to retain minimum bonus/RSU withholding?
Replies: 1
Views: 151

Re: Any way to retain minimum bonus/RSU withholding?

I believe my broker has a field for setting how much to withhold when handling RSUs. You may check if your broker lets you change the withholding rate on the RSUs.
by mhc
Fri Feb 15, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: How much of my bonus should I put in my 401k?
Replies: 19
Views: 1143

Re: How much of my bonus should I put in my 401k?

OP,

you should read your plan documents to determine if there is a true up. If you can't find it, call your plan administrator and/or find a knowledgable person in the office.

If there is no true up, it takes a little more work to hit the $19k limit and get all the matching from the employer.
by mhc
Thu Feb 14, 2019 2:35 pm
Forum: Investing - Theory, News & General
Topic: New Wealthfront Cash account 2.24% w/ FDIC up to 1mm. Anything similar?
Replies: 17
Views: 1606

Re: New Wealthfront Cash account 2.24% w/ FDIC up to 1mm. Anything similar?

Not FDIC insured but the Vanguard Prime Money Market Fund has a 7 day SEC yield of 2.47%.
by mhc
Wed Feb 13, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "secret" funds
Replies: 35
Views: 6843

Re: Vanguard "secret" funds

I don't care to learn about funds that out performed over the last ten year. I want to know which funds will outperform over the next 10 year, with a guarantee attached.
by mhc
Wed Feb 13, 2019 9:32 am
Forum: Personal Investments
Topic: Taxable account questions
Replies: 11
Views: 1520

Re: Taxable account questions

Welcome! 1. You should read: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement 2. Yes. Not only sufficient but outstanding. 3. It is okay to keep VFIAX. I would put all new money into VTSAX instead of VFIAX. I would not reinvest distributions into VFIAX. I'm in a similar boat. I purchased...
by mhc
Wed Feb 13, 2019 9:26 am
Forum: Personal Investments
Topic: Will this cause an audit ?
Replies: 28
Views: 3211

Re: Will this cause an audit ?

All of my dealings with the IRS in the past have been quite pleasant even though I have been black listed for life by them. Can you explain what you mean by this? One year I claimed too many exemptions. Back then that got you on a black list for life, unless Congress changes the law. Now, any time ...
by mhc
Tue Feb 12, 2019 1:24 pm
Forum: Personal Investments
Topic: Will this cause an audit ?
Replies: 28
Views: 3211

Re: Will this cause an audit ?

I have been making very large contributions to my DAF over the last few years. So far no audit. I have never been audited. I would imagine if the IRS wanted proof of my contribution, I would print off the PDF that I downloaded from Vanguard Charitable and mail it to them. It would take a few minutes...
by mhc
Tue Feb 12, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Does Vanguard consolidated tax form have everything you need for your tax preparer?
Replies: 6
Views: 543

Re: Does Vanguard consolidated tax form have everything you need for your tax preparer?

I had to download the consolidated 1099 and the 1099-R separately. Otherwise, the consolidated 1099 seemed to have everything I needed to handle my taxable account. As others have mentioned, if you have uncovered shares that you disposed of, you will have to provide that information separately.
by mhc
Fri Feb 08, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Visiting Hawaii- Big Island - 8 days
Replies: 24
Views: 1853

Re: Visiting Hawaii- Big Island - 8 days

We spent 2 weeks on the Big Island last summer. Here are the high lights: night snorkeling with manta rays, Sea Quest in Keauhou Bay all the beaches Kaumana Caves (lava tubes), Rainbow Falls Kula Kai Caverns, Paradise Meadows Orchard and Bee, South Point Park Botanical Gardens north of Hilo Waipio V...
by mhc
Fri Feb 08, 2019 10:03 am
Forum: Personal Investments
Topic: How to look for dividend reinvestments in 401k
Replies: 2
Views: 181

Re: How to look for dividend reinvestments in 401k

I have never seen a dividend in my 401k. My 401k uses CITs and the dividends just go into the NAV. I believe this pretty common.
by mhc
Thu Feb 07, 2019 5:01 pm
Forum: Personal Investments
Topic: Advice: highly appreciated Mutual Funds
Replies: 7
Views: 545

Re: Advice: highly appreciated Mutual Funds

I've been gifting mine to a DAF. This way I get the tax benefit while in a high bracket. When I'm in retirement and a lower bracket, I'll have the DAF distribute the funds.
by mhc
Wed Feb 06, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: What Tech Gadget Would you Buy?
Replies: 85
Views: 5402

Re: What Tech Gadget Would you Buy?

At Christmas I replace my clock radio with a Google Home Hub. I love it.
by mhc
Wed Feb 06, 2019 9:26 am
Forum: Personal Consumer Issues
Topic: Should I get a rear dashcam to deal with tailgaters?
Replies: 50
Views: 2087

Re: Should I get a rear dashcam to deal with tailgaters?

If I'm blocking traffic, I pull over. If I was impeding traffic regularly, I would take a hard look at my driver style to see if it fits into the local driving style. I definitely would not get a rear camera thinking it would change other people's driving style. Some states have laws about keeping u...
by mhc
Sun Feb 03, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Dumb question about Backdoor Roth conversion...
Replies: 3
Views: 302

Re: Dumb question about Backdoor Roth conversion...

Whole thing. You'll get taxed on the gains, but that's not a big deal.
by mhc
Sat Feb 02, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Just did my taxes.
Replies: 38
Views: 2672

Re: Just did my taxes.

Tdubs wrote:
Sat Feb 02, 2019 12:30 pm
And I can say, the new law was not kind to me.
Would you expand on that? What part got you?
by mhc
Sat Feb 02, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: Same AA Across Different Accounts
Replies: 14
Views: 518

Re: Same AA Across Different Accounts

I have at least 6 accounts. I do not put the same AA in each account. I treat all my accounts together and place the fund appropriately for tax efficiency. I do not fin rebalancing difficult. Most of my accounts hold only one fund. My taxable and 401k are by far the largest accounts. I do all rebala...
by mhc
Sat Feb 02, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Profit sharing question
Replies: 5
Views: 341

Re: Profit sharing question

My company does profit sharing as a percentage of base pay earned.