Search found 3604 matches

by mhc
Fri Apr 20, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 4
Views: 207

Re: Interesting vs higher paying job

Making more money doesn't necessarily mean "keeping up with the Joneses." It can also mean early retirement. Many people may think that they will work until they are 65, but a large number of people start losing the ability to work before then.
by mhc
Thu Apr 19, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Fixing Deadbolt Lock
Replies: 17
Views: 971

Re: Fixing Deadbolt Lock

The deadbolt could be difficult to operate because it is no longer in alignment due to the door drooping or the house settling.
by mhc
Wed Apr 18, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Planning a week in Yellowstone 2019
Replies: 6
Views: 573

Re: Planning a week in Yellowstone 2019

I would choose early September or late June. It can snow at any time in Yellowstone. In my opinion, the warmer the better.

Old Faithful Inn would be great for your time in Yellowstone because it is centrally located.
by mhc
Mon Apr 16, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: How do you determine what internet speed you need?
Replies: 32
Views: 1060

Re: How do you determine what internet speed you need?

I would start with 10 Mbps. That should meet your needs. If streaming from Netflix becomes a problem, try downloading content during off peak times.

If 10 Mbps doesn't work out, then upgrade to a higher speed.
by mhc
Mon Apr 16, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Ogden UT/Salt Lake City summer children's activities?
Replies: 8
Views: 467

Re: Ogden UT/Salt Lake City summer children's activities?

The Golden Spike National Historic Site is not too far away.
by mhc
Fri Apr 13, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Independent Certified Financial Planner
Replies: 15
Views: 1313

Re: Vanguard vs Independent Certified Financial Planner

Give Vanguard a shot, and then let us know how it goes. If you are not satisfied with what Vanguard does, then give this site or a CFP a try. Or try all 3 and share the results.
by mhc
Thu Apr 12, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5592

Re: Could you support family on 1 income?

I know of very few dual income families among my friends and co-workers, and they are all doing fine.
by mhc
Wed Apr 11, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Is rebalancing with new money only superior?
Replies: 17
Views: 878

Re: Is rebalancing with new money only superior?

Exchanging funds in a tax advantaged account is just as good for rebalancing as adding new money.

I would not want to exchange funds in a taxable account if it resulted in a higher tax bill. In this case, it is better to rebalance with new money.
by mhc
Wed Apr 11, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Return rate
Replies: 9
Views: 573

Re: Return rate

Kathys,

your question may require a little more context. DBR gave a good answer. My answer is assuming a different context. To me a good rate of return is when my index fund returns very close to the index.
by mhc
Wed Apr 11, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: What to do with some extra cash
Replies: 8
Views: 968

Re: What to do with some extra cash

Put toward mortgage.
by mhc
Tue Apr 10, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Reits in Coverdell Education Account
Replies: 2
Views: 125

Re: Reits in Coverdell Education Account

look at total return instead of yield
by mhc
Tue Apr 10, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Pulling TSR Money from Vanguard and Placing it in another institution
Replies: 3
Views: 445

Re: Pulling TSR Money from Vanguard and Placing it in another institution

Welcome to the forum!

I would talk to the new institution and have them explain the exact procedure to you. If they can't do that, you may want to reconsider.
by mhc
Tue Apr 10, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37258

Re: Name something you bought that wasn't cheap and glad you did

Bose wireless headphones every house I have purchased every car I have purchased wedding ring for DW diamond earrings and diamond necklace for DW nice socks and nice shoes (like to keep my feet happy) storage shed new bed, bed frame, headboard, sheets, blankets, pillow new living room furniture new ...
by mhc
Mon Apr 09, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: New Turbo Tax "freak out" screen?
Replies: 6
Views: 1068

Re: New Turbo Tax "freak out" screen?

The online version did not do this to me. I think after the income section I owed an additional $20k. No screens telling me I screwed up.
by mhc
Mon Apr 09, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Monthly Lump Sum Vs Daily Investment
Replies: 14
Views: 600

Re: Monthly Lump Sum Vs Daily Investment

Invest the money when you get it. It will have more time in the market. I assume you don't get paid every day. Paying down on the mortgage is a good idea. Investing $10k/mo probably means you will start needing bonds in your taxable account at some point. I would rather pay of the mortgage in compar...
by mhc
Wed Apr 04, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 1852

Re: Has anyone changed their AA/IPS/investing strategy recently?

I changed my AA in January from 80/20 to 75/25. The change was according to my IPS that has been in place for about 7 years.
by mhc
Tue Apr 03, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: wi-fi internet connection issue
Replies: 13
Views: 1387

Re: wi-fi internet connection issue

Two of my window 10 laptops at home have trouble getting proper IPV and/or DNS addresses. I had to manually set them to get them to connect to the router. When googling this, I found that it was a common problem. I would try googling the problem, and follow the directions on how people fix the probl...
by mhc
Tue Apr 03, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Index Admiral Shares or ETF's??
Replies: 20
Views: 1017

Re: Index Admiral Shares or ETF's??

I have tried both, and I prefer mutual funds. I find them slightly more convenient because I can buy fractional shares and you just get the NAV at the end of the day. I would recommend trying the mutual funds. If you don't like them, then you can convert them to ETFs. I think a set automatic dollar ...
by mhc
Tue Apr 03, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Magic Number - Approach considering Social Security and Pension
Replies: 14
Views: 1360

Re: Magic Number - Approach considering Social Security and Pension

The 1.8 million may be your spend, but it doesn't tell you how much you need to have saved by age 55. You would need to bring all the numbers back to age 55 by removing the inflation portion to know how much you need to have saved by age 55. It's easier in my mind if you would just leave out inflati...
by mhc
Tue Apr 03, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Expensive gift that I don't want
Replies: 7
Views: 1050

Re: Expensive gift that I don't want

Seems like you should be talking to him more and not seeking relationship advice on an investing forum.
by mhc
Tue Apr 03, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting and Collective Investment Trust
Replies: 3
Views: 228

Re: Tax loss harvesting and Collective Investment Trust

I wouldn't worry about a wash sale because:
1. They are different funds.
2. The IRS publications do not include 401Ks in the potential wash sale list.
by mhc
Tue Apr 03, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 3786

Re: How did you file your income taxes?

TurboTax premier online for federal and state. e-filed both.
by mhc
Mon Apr 02, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Job advice
Replies: 13
Views: 1119

Re: Job advice

How much does your current commute cost you? I usually figure $0.50/mile. You could save 60 miles a day plus at least 1 hour of driving a day. When you factor that in, how much money are you losing out with the new job? I never considered time in a car as healthy living. Being close to home means yo...
by mhc
Thu Mar 29, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5230

Re: Should I loan my child money for college?

Welcome to the forum! Since it doesn't seem like you want to directly pay for your child's education but are willing to loan the money at a small cost to you, I would think that your child should get her own school loans. If she needs help with the loans, maybe you could gift her some money if the n...
by mhc
Thu Mar 29, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA and Taxable at VG
Replies: 12
Views: 627

Re: Roth IRA and Taxable at VG

Each person will have to set up their Individual Roth IRA. Once done, you can give the other person permission to see and/or manage the account through the website.
by mhc
Thu Mar 29, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: At what price difference would you no longer go with USAA for auto insurance?
Replies: 18
Views: 1605

Re: At what price difference would you no longer go with USAA for auto insurance?

I would not pay more than $100-200/yr for a preferred insurance provider.
by mhc
Thu Mar 29, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Advice on selling company stock - no emergency fund
Replies: 6
Views: 365

Re: Advice on selling company stock - no emergency fund

Sell it all immediately. Establish your EF. Pay off debt or invest the rest.

Holding individual stocks is gambling.

Do you have some reason to believe the company stock will perform better than the market?
by mhc
Thu Mar 29, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Do I really have to pay estimated taxes this year?
Replies: 19
Views: 2304

Re: Do I really have to pay estimated taxes this year?

I get the vouchers every year. I have no idea why. I have never paid a penalty for under withholding. I just ignore them.
by mhc
Wed Mar 28, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Should I be worried about the S&P Index fund ?
Replies: 51
Views: 5673

Re: Should I be worried about the S&P Index fund ?

It seems that your definition of technology company does not align with the general definition. That is your prerogative. How are the first four companies misleading people in what they are? There is no distortion in VFIAX. It is doing what it is suppose to be doing. It seems like you just have a di...
by mhc
Wed Mar 28, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: How many are using Automatic contributions?
Replies: 41
Views: 2769

Re: How many are using Automatic contributions?

I have never used them outside my 401k. Sounds like a good idea if your income and expenses are fairly smooth. Mine are rather lumpy, so it would not help me much. I tend to let my checking account build up, then I lump sum invest. This way I can do my rebalancing at the same time.
by mhc
Tue Mar 27, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018
Replies: 105
Views: 11006

Re: IRS reduces HSA max for 2018

Thank you for the heads up.

I just called Fidelity to lower my contributions for the year. 12 minutes on the phone for $50 difference. Not very efficient.

Fidelity's benefits department was fully aware of this. I bet most employees are not aware of the change.
by mhc
Tue Mar 27, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Time to sell intermerdiate and long term bonds?
Replies: 19
Views: 1744

Re: Time to sell intermerdiate and long term bonds?

What tax bracket are you in? Bonds are usually in a pre-tax account. It may make sense to sell the bond funds, move them to a tax advantaged account, sell some equity fund in the tax advantaged account, and buy an equity fund in the taxable account. This would allow you to TLH and optimize your fund...
by mhc
Fri Mar 23, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: One month summer vacation with kids age 10 & 12
Replies: 7
Views: 490

Re: One month summer vacation with kids age 10 & 12

Niagra doesn't seem to be on the way to South Dakota and Colorado. I am not a camper fan. We prefer hotels and rentals (VRBO). If you go with a rental, you can still prepare your meals. Last year we did a 3 week trip. We flew into New Orleans and rented a car. We made our way down to Key West, then ...
by mhc
Thu Mar 22, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation %
Replies: 13
Views: 1210

Re: Asset allocation %

I don't understand, which one is it? 10% of equities or 10% of portfolio? When I go into portfolio analysis at Schwab it figures 10% of portfolio international stock - then reading in an asset allocation book, it includes the 10% in the total % of equities - which is a much smaller number. It's up ...
by mhc
Thu Mar 22, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Question
Replies: 1
Views: 197

Re: Tax Loss Harvesting Question

1. yes. I do not TLH small amounts. It has to be large enough to be worth my effort. Some say TLH everything you can at the end of the year regardless of amount.

2. no. If you are in a low enough tax bracket you don't TLH. You TGH instead. (tax gain harvest)

3. no. They are different.
by mhc
Thu Mar 22, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Coffee maker recommendations
Replies: 29
Views: 2061

Re: Coffee maker recommendations

I would suggest looking at the reviews on Amazon for a K-cup machine. I recently purchased one and love it. I believe it is a Mixspresso.
by mhc
Wed Mar 21, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: How to think about AA with company stock
Replies: 19
Views: 961

Re: How to think about AA with company stock

I would count the company stock towards the domestic stock portion of your AA if it is a domestic company. You are going to get people telling you that you are taking on too much risk, you are gambling, you are not getting properly compensated for the risk of holding company stock. It really doesn't...
by mhc
Wed Mar 21, 2018 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation %
Replies: 13
Views: 1210

Re: Asset allocation %

You got it.
by mhc
Wed Mar 21, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Direct TV vs. Cable
Replies: 20
Views: 1253

Re: Direct TV vs. Cable

We have direct tv at work. One morning I came to work while it was snowing. I turned on the tv to see the weather report. There was no signal. I decided I would never get satellite tv.

I would be really upset if I could not watch a live sporting event during a snow storm.
by mhc
Wed Mar 21, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: How/when to sell high-cost funds with capital gains?
Replies: 12
Views: 1112

Re: How/when to sell high-cost funds with capital gains?

At a minimum, do not reinvest distributions.

If you make sizable charitable contributions, consider donating the shares with the largest unrealized capital gains. Then, purchase shares of what you want with the cash that you would have normally given to charity.
by mhc
Wed Mar 21, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Buying 2018 Honda Pilot
Replies: 22
Views: 1971

Re: Buying 2018 Honda Pilot

I would go to the last page of the price paid thread on piloteers and work backwards to see what people are paying. I did this for my recent Honda Odyssey purchase. I then used Truecar through work to get initial quotes from dealerships in my region. I received two quotes that met my target price. I...
by mhc
Mon Mar 19, 2018 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Order of Operations with Variable Rate Loans
Replies: 2
Views: 137

Re: Order of Operations with Variable Rate Loans

Welcome!

I think I would put half toward debt and half into retirement accounts.

I would put money toward student loan first, then car.

I would put more in the 401k assuming you have reasonable investment options. This will reduce your current tax burden, which frees up even more money.
by mhc
Mon Mar 19, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: How much TLH can be done with a 3 fund portfolio?
Replies: 19
Views: 1241

Re: How much TLH can be done with a 3 fund portfolio?

I didn't know I could do TLH per each individual purchase, somehow I thought TLH required to sell the whole position in the fund. Now everything makes more sense :) One must set the Cost Basis Method to Specific Identification and make sure that their financial institution keeps the Cost Basis Meth...
by mhc
Thu Mar 08, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: Portfolio and asset allocation question - different 'buckets'?
Replies: 4
Views: 514

Re: Portfolio and asset allocation question - different 'buckets'?

I would have an AA for each goal.

Money is fungible, so hold the money in the most tax efficient way.
by mhc
Tue Mar 06, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: Colorado Summer Vacation - what to see and where to stay
Replies: 53
Views: 3433

Re: Colorado Summer Vacation - what to see and where to stay

I live in Colorado and have done many vacations in Colorado. I have kids of similar ages. Here are my recommendations. 1. RMNP stay in Estes. You could stay here quite a while if you like to hike. 2. Glenwood Springs. The hot springs pool and adventure park are great. You can also do many cool day t...
by mhc
Mon Mar 05, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Painter did a sloppy job -- seeking advice on next steps
Replies: 28
Views: 2873

Re: Painter did a sloppy job -- seeking advice on next steps

I would write it off and move on. I would repaint it or hire someone else.
by mhc
Mon Mar 05, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401k adviser pushing my coworkers towards actively managed funds - how to find an unbiased expert?
Replies: 8
Views: 994

Re: Fidelity 401k adviser pushing my coworkers towards actively managed funds - how to find an unbiased expert?

I would check to see if Fidelity and/or your company violated their fiduciary responsibilities. It seems to be wrong that they are knowingly giving bad advice.

I'm just shooting from the hip.
by mhc
Mon Mar 05, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: 7-year ARM - Is it right for me?
Replies: 5
Views: 389

Re: 7-year ARM - Is it right for me?

What would the new interest rate be and how much in closing costs?
by mhc
Mon Mar 05, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: An HSA Account as an Investment Vehicle
Replies: 21
Views: 1590

Re: An HSA Account as an Investment Vehicle

You may only contribute to an HSA if you have a qualifying high deductible medical plan. If you do not have a qualifying high deductible medical plan, you and/or your employer may not contribute to an HSA for you. It does not matter if the HSA is through the company sponsored HSA administrator or on...
by mhc
Fri Mar 02, 2018 4:55 pm
Forum: Personal Consumer Issues
Topic: What are the Best Tablet to Read PDFs?
Replies: 29
Views: 2000

Re: What are the Best Tablet to Read PDFs?

The Samsung Galaxy S3 can come with an S pen. It may do what you are looking for.

I have an S2. I really like it. It is easy to read anything on it.