Search found 3494 matches

by mhc
Fri Jan 19, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Portfolio Watch Evaluation -- Help Needed.
Replies: 14
Views: 765

Re: Vanguard Portfolio Watch Evaluation -- Help Needed.

My experience with Portfolio Watch is that the 9 box analysis is pretty course. I would try the Morningstar instant xray tool and compare your portfolio to TSM. A lot of people like a Value bias. It is really up to you to determine if this is what you want or not. I personally believe that if one ca...
by mhc
Wed Jan 17, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: New Tax Brackets...Trad 401, Roth 401, or a mix?
Replies: 6
Views: 362

Re: New Tax Brackets...Trad 401, Roth 401, or a mix?

I don't think the tax laws change much. I continue to think that pre-tax 401k is better. Max it out at $18,500. The tax saved will give you ~$4,500 in your paycheck to use to fill your Roth IRA. Max that at $5,500. You can't know what your tax rate will look like 20, 30 years from now. When you get...
by mhc
Tue Jan 16, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Probably simple DAF question
Replies: 3
Views: 132

Re: Probably simple DAF question

Once you donate the money to a DAF, it is no longer your money. Since it is not your money, there are no tax consequences to you if you make changes to where the money is invested.

Think about what DAF stands for. You are merely an advisor to the account. It is not yours.
by mhc
Mon Jan 15, 2018 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 42
Views: 3662

Re: why emergency savings?

A large market downturn directly corresponds for when I'm most likely to lose my job. Thus my EF is not in the market as I don't want to be forced to sell at the bottom. I don't think that argument works. You're saying "I don't want to have to pull stock out of the market when it has dropped." So a...
by mhc
Mon Jan 15, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Negative balance in traditional IRA after backdoor roth
Replies: 2
Views: 203

Re: Negative balance in traditional IRA after backdoor roth

Call them.

When you do the IRA to Roth exchange specify 100% (not a dollar amount). This has always worked flawlessly for me.
by mhc
Mon Jan 15, 2018 11:11 am
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 42
Views: 3662

Re: why emergency savings?

OP,

I think the light bulb did turn on for you. I see no problem if you want to reduce your cash holdings. Cash is a drag on returns.

I am in a similar situation as you, and I have $0 allocated as emergency fund.
by mhc
Fri Jan 12, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Spoke with Vanguard today about managed account
Replies: 5
Views: 568

Re: Spoke with Vanguard today about managed account

Most on here just rebalance on their own. If you are in the accumulation phase, rebalance with new contributions. If you are in the withdrawal phase, rebalance with your withdrawals. If things get too out of whack, rebalance within a tax advantaged account(s). Rebalancing does not need to occur very...
by mhc
Fri Jan 12, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 46
Views: 3025

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

I think the recent tax change strengthens the argument for not using a Roth 401k. People continuously say tax rates are going up in the future so use the Roth 401k. Guess what, they just went down. Predicting the future is difficult.
by mhc
Thu Jan 11, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: How to pay for a new kitchen and dining room
Replies: 26
Views: 1561

Re: How to pay for a new kitchen and dinning room

sergeant wrote:
Thu Jan 11, 2018 1:57 am
He could take a few years and save the money by limiting other expenses like vacations and eating out. This is a want not a need.
+1

Save up and pay cash. This is a good habit to have.
by mhc
Wed Jan 10, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: question about VBTLX
Replies: 27
Views: 1577

Re: question about VBTLX

Where did you see that it made only 0.94% last year? The fund page on Vanguard seems to show something much higher.
by mhc
Wed Jan 10, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Sell Sports Car and Invest or Keep for Fun Factor
Replies: 25
Views: 1163

Re: Sell Sports Car and Invest or Keep for Fun Factor

My decision process would be to set goals. If I can meet the goals and keep the car, then keep the car. If I can't meet the goals, then sell the car to help meet the goals. I do this every year with vacation spending. I have a retirement goal. As long as I am on track to meet the goal, I have no pro...
by mhc
Thu Jan 04, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 710
Views: 183796

Re: Share your net worth progression

Have not seen this mentioned when discussing net worth. I am retired and my only liability is deferred taxes, but it is a substantial sum. I add up all tax deferred accounts and used to factor 34% federal taxes plus 4.8% state taxes to determine my differed tax liability. With the new tax rates, my...
by mhc
Thu Jan 04, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Maintenance Contract - Worth it?
Replies: 17
Views: 543

Re: Annual Maintenance Contract - Worth it?

I have had mine checked twice in 18 years. I just wait until something breaks, which has happened twice. $300/yr over 20 years would pay for a new hvac.
by mhc
Thu Jan 04, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard IT and 2018 Tax Changes
Replies: 1
Views: 424

Re: Vanguard IT and 2018 Tax Changes

I also noticed that when I converted my IRA to a Roth this morning. Good job Vanguard.
by mhc
Wed Jan 03, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Recommend me a backpack for business use
Replies: 21
Views: 1233

Re: Recommend me a backpack for business use

I use a black North Face laptop backpack. I can easily get 3 days of cloths and my laptop into the backpack. I really like it. It is semi-formal looking. It is all I take on short business trips.
by mhc
Wed Jan 03, 2018 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Beginning of Year Action Items
Replies: 4
Views: 501

Re: Beginning of Year Action Items

backdoor Roth IRA for DW and me make sure HSA contributions are correct make sure 401k contributions are correct plan vacations for year budget money for planned large purchases (e.g., car, roof, hvac) file tax returns adjust withholdings review scheduled automatic charitable giving analyze previous...
by mhc
Tue Dec 19, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: Is it worth investing with 15% LTCG tax rate!?
Replies: 25
Views: 2714

Re: Is it worth investing with 15% LTCG tax rate!?

This is one reason people like tax advantaged accounts and tend to fill them up first. Believe it or not, you don't have to pay cap gains. If your income is low enough, the rate is 0%. If you donate the appreciated shares, there is no cap gains. If you die, your heirs get the funds and the basis res...
by mhc
Mon Dec 18, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 85
Views: 4903

Re: How do Bogleheads save on eyeglasses?

a few years back, I tried zenni. They are cheap (price and quality). This last time I tried Costco. Much better than zenni and not much more expensive.
by mhc
Mon Dec 18, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: "Reset" Capital Gains Basis when making under $75K?
Replies: 6
Views: 739

Re: "Reset" Capital Gains Basis when making under $75K?

It makes sense.

Wash sale should not be an issue. You are not selling for a loss.

You can buy back right into the same fund if you like.

Dividends are paid this time of the year. Be aware of how your transactions may affect dividends being qualified or not.
by mhc
Mon Dec 18, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Savings Strategy Advice
Replies: 3
Views: 523

Re: Retirement Savings Strategy Advice

The first two things that come to mind are HSA and backdoor Roth. Otherwise, I would look into the after-tax 401k contributions if you can then move them to your Roth IRA (mega backdoor Roth).

If you are not familiar with these, take a look at the wiki.
by mhc
Mon Dec 18, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: US National Parks
Replies: 36
Views: 3090

Re: US National Parks

One could do the following in either order: Yellowstone Grand Tetons Arches Canyonlands Bryce Zion Grand Canyon I would not go over to Yosemite. The other option would be to hit the California NPs and maybe the Grand Canyon and the southern Utah parks. I would just drive. You need to book you loding...
by mhc
Fri Dec 15, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Assest allocation - inputs please
Replies: 11
Views: 726

Re: Assest allocation - inputs please

It all looks quite reasonable to me. You are doing much better than most with your AA. Targert Retirement funds tend to have a little higher expense ratio, but yours is not too bad. If you like, you could do like you did for your rollover part. It would save you a little. Right now your saving rate ...
by mhc
Thu Dec 14, 2017 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Skeptical Tuna hit it big, but questions remain.
Replies: 9
Views: 2501

Re: Skeptical Tuna hit it big, but questions remain.

Good job this year. I'll try to answer your questions. 1. I assume you are young. I wouldn't get umbrella insurance for quite some time. Umbrella insurance can protect your assets and future income stream. Once your assets get large enough (maybe $1 million) and you start running out of human capita...
by mhc
Wed Dec 13, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 3165

Re: WHO IS RIGHT ME or SPOUSE

The wife should get a gift. It could be a combined gift for the two. Why would you not get a gift for your granddaughter-in-law if you give out gifts?
by mhc
Wed Dec 13, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: I-bonds in December
Replies: 10
Views: 2171

Re: I-bonds in December

The tax advantages of I-bonds for education have restrictions. Make sure you understand them and understand they could change.

Are you funding your own retirement sufficiently? I would make sure that is in good shape before saving for the education of your children.
by mhc
Wed Dec 13, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 242
Views: 15650

Re: Do people still use AAA?

There have been a number of replies that mention using AAA when their battery failed. That is why it is usually better to replace an auto battery proactively. If the battery is old, you will need to replace it anyway. If you wait until it fails, you may have the inconvenience of being stuck, you ma...
by mhc
Wed Dec 13, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 41
Views: 3078

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

I lump sum in early January. I do it when I get around to it, not necessarily Jan 1 unless I remember to do it that day.
by mhc
Wed Dec 13, 2017 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Office party secret santa, how to give the gift of investing?
Replies: 17
Views: 857

Re: Office party secret santa, how to give the gift of investing?

Sounds like a really bad idea to me unless the receipient is an investing geek. I agree it could be a burden unless it is a share of BRK-A. In that case, it would be a really great gift.
by mhc
Wed Dec 13, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: Tax Gain Harvesting
Replies: 20
Views: 1018

Re: Tax Gain Harvesting

Tax gain harvesting is a very sound tax strategy.

Avoiding a dividend is also a good strategy as long as the fund does not go up while you are out of the market.
by mhc
Mon Dec 11, 2017 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Work bonus Tax question
Replies: 6
Views: 724

Re: Work bonus Tax question

The supplemental tax rate is normally 25%. Add state, fica, 401k withholding, ... you could get close to 50% gone. More specific inspection of the pay stub would be needed to say exactly what is going on.
by mhc
Mon Dec 11, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Efficient Fund Placement
Replies: 6
Views: 667

Re: Tax-Efficient Fund Placement

Having a large portion of your TSP in bonds is not a problem. In general, it is better to have bonds in TSP as compared to taxable.
by mhc
Mon Dec 11, 2017 11:38 am
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1790

Re: What cause BH fear about running out of saving though they have big size of asset?

The first thing that comes to mind is that I don't want my DW or me to be in a medicare nursing home.

The second is that there are a lot of unknowns when you look at multiple decade long timeline.
by mhc
Thu Dec 07, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5722

Re: What do Bogleheads say when they don't want to spend money?

I tell my DW, "I want to retire some day and not work forever."
by mhc
Thu Dec 07, 2017 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1644

Re: Anyone mirror AA acorss multiple accounts ?

op,

if you want help simplifiing your portfolio, I recommend starting a new thread. You will need to list lots of details so that people can give you specific advice.

The % in each fund, fund options in 401ks, cost basis/gains for taxable accounts, tax bracket, how much do you give to charity, ....
by mhc
Wed Dec 06, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs Target
Replies: 10
Views: 711

Re: 3 fund vs Target

the underlying funds in the Target Retirement Fund can change. I may not want the change.

taxes - don't want bond in taxable account
higher ER for TR
TR limits TLH
by mhc
Wed Dec 06, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 242
Views: 15650

Re: Do people still use AAA?

Yes for my DW. She used it this year. She couldn't start her car. AAA dispatched a person. Battery checked fine. He tapped on the started. He finally figured out that she didn't have it fully in park. We regularly use AAA for discounts on hotels and entrance fees. The discounts each year more than p...
by mhc
Wed Dec 06, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1644

Re: Anyone mirror AA acorss multiple accounts ?

I actually count the DAF. That is how I will finance my charitable giving in retirement. I am currently in a very high marginal tax bracket and only a few years away from retirement.
by mhc
Wed Dec 06, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Which fund first for multiple accounts allocation?
Replies: 5
Views: 524

Re: Which fund first for multiple accounts allocation?

Take the two requirements together. There is not a one size fits all due to varying expense ratios, funds available, and tax considerations.
by mhc
Wed Dec 06, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1644

Re: Anyone mirror AA acorss multiple accounts ?

For me mirroring would not be easier. I have 9 accounts. Most of the accounts only have a single fund. My two largest accounts (401k, taxable) have multiple funds. All rebalancing is done in the 401k and taxable. I set up a spreadsheet a number of years ago that makes it really easy to manage. I th...
by mhc
Wed Dec 06, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Anyone mirror AA acorss multiple accounts ?
Replies: 23
Views: 1644

Re: Anyone mirror AA acorss multiple accounts ?

For me mirroring would not be easier. I have 9 accounts. Most of the accounts only have a single fund. My two largest accounts (401k, taxable) have multiple funds. All rebalancing is done in the 401k and taxable. I set up a spreadsheet a number of years ago that makes it really easy to manage. I thi...
by mhc
Tue Dec 05, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: carry on luggage, 4 wheel spinner or 2 wheel rollaboard?
Replies: 29
Views: 1836

Re: carry on luggage, 4 wheel spinner or 2 wheel rollaboard?

my 4 wheel spinners can also be pulled like a 2 wheel rollaboard. I prefer the 4 wheel spinner. It stands up better when stationary, like waiting in line.
by mhc
Tue Dec 05, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: RSUs: Restricted Stock and taxation
Replies: 13
Views: 894

Re: RSUs: Restricted Stock and taxation

Tax software allows adjustments to cost basis if the 1099 is not correct. Yes, I've been playing with different flavors of the software and noticed you can either enter the basis or make an adjustment to it. I understand which way you enter it affects the underlying forms which I need to understand...
by mhc
Tue Dec 05, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: RSUs: Restricted Stock and taxation
Replies: 13
Views: 894

Re: RSUs: Restricted Stock and taxation

Tax software allows adjustments to cost basis if the 1099 is not correct.
by mhc
Tue Dec 05, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: RSUs: Restricted Stock and taxation
Replies: 13
Views: 894

Re: RSUs: Restricted Stock and taxation

$1000 W-2 income with $400 withheld for taxes (all this will be on W-2)
$600 Cost basis w/ $25 short term loss (1099, schedule D)

Number of shares is not very meaningful for filling out tax forms or budgeting.
by mhc
Tue Dec 05, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: Valuing today's money in terms of future invested value?
Replies: 6
Views: 291

Re: Valuing today's money in terms of future invested value?

Just remember that the $4000 would not have risk free growth at 7%. You might not see the $55k in 40 years.

$4000 on a gaming PC is a sure thing today.
by mhc
Mon Dec 04, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: What's wrong with Google Finance these days?
Replies: 4
Views: 629

Re: What's wrong with Google Finance these days?

Try googling it, and you will see that Alphabet announced that Google Finance is being overhauled.
by mhc
Fri Dec 01, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: When you need a key to a cabinet
Replies: 7
Views: 1044

Re: When you need a key to a cabinet

I googled "how to replace key to office filing cabinet"

https://www.cubiclekeys.com/keys.html
by mhc
Fri Dec 01, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: When you need a key to a cabinet
Replies: 7
Views: 1044

Re: When you need a key to a cabinet

Look on the lock to see if there is a number. If so, you can order a replacement key. You also need to know the manufacturer of the furniture.

Try google. There are places that sell the keys.