Search found 3473 matches

by mhc
Fri Dec 15, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Assest allocation - inputs please
Replies: 11
Views: 620

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: 6
Views: 1653

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: 2858

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: 2012

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: 181
Views: 10811

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: 2728

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: 749

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: 897

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: 5
Views: 472

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: 599

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: 1667

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: 5462

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: 1560

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: 612

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: 181
Views: 10811

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: 1560

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: 498

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: 1560

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: 1560

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: 1744

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: 838

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: 838

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: 838

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: 262

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: 587

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: 1007

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: 1007

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: 374

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: 288

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: 1896

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: 5059

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: 495

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: 2023

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: 1116

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: 1316

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: 5806

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: 1890

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: 5142

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: 1730

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: 5067

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: 2625

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: 531

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: 1645

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: 1645

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: 848

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: 8545

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: 4224

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: 678

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 ...