Search found 3461 matches

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: 5207

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: 1478

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: 580

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: 140
Views: 7274

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: 1478

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: 477

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: 1478

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: 1478

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: 1711

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: 816

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: 816

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: 816

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: 253

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: 571

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: 1004

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: 1004

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.
by mhc
Tue Nov 28, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Help....
Replies: 3
Views: 367

Re: HSA Help....

Start with the wiki. I'm not up on the best provider any more. You may have it withheld from your check pre-tax (pre FICA, pre income tax withholding) or you may send the money yourself. Having the money withheld from the paycheck will save on medicare taxes and SS taxes if you aren't already maxing...
by mhc
Tue Nov 28, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - SARs and RSUs
Replies: 5
Views: 285

Re: Asset Allocation - SARs and RSUs

I do not directly count my RSUs or Options in my AA. When I sell them, I diversify into my portfolio according to my AA. I do believe that the RSUs or Options have a second order affect on my AA. I believe my AA is a little more risky because I have a large potential income sitting out there in the ...
by mhc
Tue Nov 28, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: National Park trip w/1 year old infant
Replies: 35
Views: 1880

Re: National Park trip w/1 year old infant

We have always done National Parks with our children, even when they were still in the womb. The first time we did Yellowstone, I carried my 3 year old in a backpack, and my wife carried our 1 year old in a front carrier. No problem. Yellowstone is by far my favorite NP. Glacier is also nice and ver...
by mhc
Mon Nov 27, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: failing at hobbies and leisure
Replies: 47
Views: 5034

Re: failing at hobbies and leisure

Start a family, and you will be shocked that you ever worried about having too much free time.

Try volunteering. Maybe a rewarding hobby will be more engaging.
by mhc
Wed Nov 22, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roll IRA into high fee 401k to do backdoor roth
Replies: 5
Views: 487

Re: Roll IRA into high fee 401k to do backdoor roth

I don't know if the math adds up or not, but her IRA does not prevent you from doing a backdoor Roth. Instead of $11,000, it should be $5,500. Let's see if we can do the math. Say the tax drag of investing in taxable is 2% dividends that you pay qualified dividend rate of 15%. 15% of 2% is 0.3%. You...
by mhc
Wed Nov 22, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: How do you define success in your life?
Replies: 46
Views: 2009

Re: How do you define success in your life?

Living my life according to my beliefs.

I hold strong religious beliefs. Success is living according to what I know is right.
by mhc
Tue Nov 21, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Daycare Parting Gift
Replies: 16
Views: 1104

Re: Daycare Parting Gift

If the teacher is Christian, that would be a strange gift. It still may be appreciated, but maybe not to the level you want. If it represents your religion/culture, then maybe. If not, then I would look for something else.
by mhc
Tue Nov 21, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much longer do I need life insurance?
Replies: 19
Views: 1288

Re: How much longer do I need life insurance?

OP,

you should also factor in SS survivor benefits. They can be substantial while the children are still of age.
by mhc
Mon Nov 20, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5755

Re: vacation budget? How to determine? What is yours?

family of 5 We spend about 30 days a year on vacation. I don't have a particular vacation budget. I set a saving goal for the year. The rest of our spending tries to be what we consider a good value. This summer we took a 3 week vacation where we averaged $800/day. If we go to National Parks, we pro...
by mhc
Mon Nov 20, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Newly built home. sell or rent?
Replies: 29
Views: 1874

Re: Newly built home. sell or rent?

Once you pay closing costs will you really have any gains?

I would sell it and move on to your new life.
by mhc
Fri Nov 17, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: My dad's army jacket
Replies: 70
Views: 5105

Re: My dad's army jacket

I am a vet. I would say it is fine to wear the jacket as long as there are no unit patches, rank, medals, or such on it. When I first got out, I remember seeing people wearing things like that, and it bothered me. With that said, I would rather see a homeless person wearing a jacket with everything ...
by mhc
Fri Nov 17, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Renting a car from Atlanta GA to Austin TX: $$$
Replies: 33
Views: 1693

Re: Renting a car from Atlanta GA to Austin TX: $$$

I was in the same boat this summer. New Orleans to Miami over a 3 week period. I wanted a mini-van. It was going to be at least $3500. Off airport did not help. Costco did not help. I was able to use my corporate code to get it down to $1500. It was a base price plus mileage. Maybe if you could find...
by mhc
Fri Nov 10, 2017 9:05 am
Forum: Investing - Theory, News & General
Topic: Do you keep anything in your portfolio as a monument to your bad decisions?
Replies: 69
Views: 4966

Re: Do you keep anything in your portfolio as a monument to your bad decisions?

No.

I also don't keep monuments of other bad decisions around like:
ex-wife
bad friends
wrecked cars
broken dishes

I try to learn from my mistakes and not repeat them. I don't need momentoes to remember my mistakes. I
by mhc
Tue Nov 07, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start investing in taxable accounts?
Replies: 23
Views: 2602

Re: When did you start investing in taxable accounts?

My annual income in 1988 was about $8000/yr when I started investing in a taxable account. I started with $2000 lump sum and $50/mo. I was not using any tax advantaged accounts. I was enlisted in the Army overseas at the time.
by mhc
Tue Nov 07, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Plans
Replies: 6
Views: 522

Re: Health Insurance Plans

employee health car premiums that the company withholds are normally pre-tax (federal, state, fica).

Ask your payroll department or look at a pay stub.
by mhc
Mon Nov 06, 2017 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Method Selling VTSAX in Taxable?
Replies: 22
Views: 1627

Re: Cost Basis Method Selling VTSAX in Taxable?

A tax lot is simple. Everytime you buy, that is a tax lot. Since tax rates vary based on long/short capital gain/loss, you could strategically sell shares from the appropriate tax lot to minimize the tax impact. If you have shares with an unrealized loss, you could sell those and come out ahead on y...
by mhc
Mon Nov 06, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Method Selling VTSAX in Taxable?
Replies: 22
Views: 1627

Re: Cost Basis Method Selling VTSAX in Taxable?

It is okay to us average cost basis. Some prefer it. Many others prefer specific ID.

I like specific ID because when I have many tax lots, I can choose which shares to sale to optimize taxes. The extra work is minimal, and the tax savings can be significant.

I would recommend specific ID.
by mhc
Mon Nov 06, 2017 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Admiral vs Institutional Plus shares
Replies: 5
Views: 842

Re: Admiral vs Institutional Plus shares

As others have said the performance difference is probably not a big deal.

401k can provide more protections against creditors as compared to IRAs. I think this may vary by state.

As one ages, having a simpler portfolio is beneficial.

Just a few other things to consider.
by mhc
Fri Nov 03, 2017 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Should I decline Grand Prize trip because of taxes on winnings?
Replies: 93
Views: 8521

Re: Should I decline Grand Prize trip because of taxes on winnings?

I don't golf, but I would take it. It is a once in a lifetime experience. You can afford it. In your tax bracket, you can easily afford to take another vacation more to your liking also.
by mhc
Wed Nov 01, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: what % return do you use?
Replies: 62
Views: 4200

Re: what % return do you use?

I do all my calculations and tracking in my head, so I use 5% real.

The future is so unknown that I don't put too much effort into projections. I do do projections, but I know they are highly inaccurate. I firmly believe future projections are highly inaccurate, so I don't put much effort into them.
by mhc
Tue Oct 31, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Favor HSA or Taxable investing for long term?
Replies: 8
Views: 671

Re: Favor HSA or Taxable investing for long term?

If you can afford it, I would leave the money invested in the HSA and pay medical expenses out of pocket. Save your medical receipts and EOBs. You can reimburse yourself from your HSA whenever you like. It does not have to be when the expense occurs. It could be 20 years later. This way the HSA can ...
by mhc
Mon Oct 30, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Delayed compensation benefits?
Replies: 14
Views: 961

Re: Delayed compensation benefits?

Welcome.

It is just a tax planning tool that may or may not work for you. It sounds like you understand the issues.

If you do defer it, are there good investment options? If so, the money grows tax free similar to an IRA. That is a slight benefit.
by mhc
Mon Oct 30, 2017 8:13 am
Forum: Local Chapters and Bogleheads Community
Topic: To Avatar or Not - Get One? How did you choose?
Replies: 128
Views: 6599

Re: To Avatar or not to Avatar . . how did you choose or not choose?

I enjoy National Parks. This is a picture of my son and me standing under Delicate Arch in Arches NP.
by mhc
Thu Oct 26, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else having trouble with Fidelity site?
Replies: 8
Views: 680

Re: Anybody else having trouble with Fidelity site?

I just logged in with no problems.

Maybe the app glitched on you. Maybe your user names are close to someone elses, and they mistyped their user name and locked up your account?
by mhc
Thu Oct 26, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Most efficient method to swap RSU for Index
Replies: 5
Views: 323

Re: Most efficient method to swap RSU for Index

Welcome to the forum. At this point it doesn't matter that they use to be RSUs. You hold stock with the basis you listed. The decision also depends on your marginal tax rate. It is not clear through your use of "partner" if you file a joint return or not. Is what you listed real or representative in...
by mhc
Wed Oct 25, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have thoughts on vanguard personal online advisory service
Replies: 3
Views: 349

Re: Does anyone have thoughts on vanguard personal online advisory service

In general, people here do no use Financial Engines. You can search this site for discussions on Financial Engines.

The information and help from this site is much better than Financial Engines.
by mhc
Thu Oct 19, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: help to pick funds for HSA
Replies: 3
Views: 364

Re: help to pick funds for HSA

I would keep 3-4k in a cash or short to intermediate term bond fund. The rest I would put into a TSM. This assumes that the ERs are reasonable.
by mhc
Wed Oct 18, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Best smartphone
Replies: 37
Views: 2841

Re: Best smartphone

I bought a Samsung Tab S2 last year. I really like it. If timeframes worked for me, I would get the Samsung Galaxy 9 early next year. Unfortunately, I need a new phone soon, so the Pixel 2 looks good.
by mhc
Wed Oct 18, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: help to pick funds for HSA
Replies: 3
Views: 364

Re: help to pick funds for HSA

What is the goal of your HSA?

If it is part of your retirement portfolio, then choose a TSM fund that fits into your portfolio.

If it is for medical expenses, then choose a conservative bond fund.

ERs would also be helpful.
by mhc
Wed Oct 18, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth applying for Credit Limit Increase?
Replies: 21
Views: 1367

Re: Is it worth applying for Credit Limit Increase?

$13k is pretty low for your salary. A couple of major purchases in a month could push over the limit.

$5k for furniture, $5k vacation, $4k normal spend, $3k Christmas presents, $5k watch, ...

It is also good to have additional head room to serve as an emergency fund.
by mhc
Wed Oct 18, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Best smartphone
Replies: 37
Views: 2841

Re: Best smartphone

I also have a droid turbo 2. It is the best I have ever owned. Of course phones continue to get better, and data rates continue to get better, so the current phone I have is always the best. I'm about to give my 2 yr old droid to my daughter. I'm looking at the Pixel 2 for my next phone. It just rel...
by mhc
Tue Oct 17, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard brokerage account
Replies: 2
Views: 551

Re: Vanguard brokerage account

The two main benefits I see are:

1. Mainstream system Vanguard wants people to use

2. unified 1099 instead of 1099 per fund

I have not yet made the switch.