Search found 7827 matches

by TomatoTomahto
Wed Jan 16, 2019 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: 37% marginal tax rate --> does Roth 401k make sense?
Replies: 33
Views: 2136

Re: 37% marginal tax rate --> does Roth 401k make sense?

For the part of “traditional 401k vs. Roth 401k”, I used to contribute 100% into Roth 401k, although I was in the high income tax bracket. Then I realized I am not tax-diversifying enough for my retirement (after 20-30 years). Also, it’s been a pain to pay too much taxes right now (and get less tak...
by TomatoTomahto
Wed Jan 16, 2019 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: 37% marginal tax rate --> does Roth 401k make sense?
Replies: 33
Views: 2136

Re: 37% marginal tax rate --> does Roth 401k make sense?

Even as a top-bracket person myself, I am putting my personal contribution in 401k ($19k plus catch-up $6k) into the Roth option, while putting the employer match and profit-sharing into the traditional 401k partition ($37k). Even though I anticipate being in not-the-highest tax bracket in retireme...
by TomatoTomahto
Wed Jan 16, 2019 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Is IRS mailing W2 and W3 forms?
Replies: 5
Views: 590

Re: Is IRS mailing W2 and W3 forms?

In previous years, I had failed at creating a business account at the SSA for filing wages. Needing to get my employer W2 and W3 out, I tried again. For some reason, it was incredibly easy and fast this time.

Bingo. Thanks for the responses.
by TomatoTomahto
Wed Jan 16, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Is IRS mailing W2 and W3 forms?
Replies: 5
Views: 590

Re: Is IRS mailing W2 and W3 forms?

Thanks for the link to the other thread.
by TomatoTomahto
Wed Jan 16, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Is IRS mailing W2 and W3 forms?
Replies: 5
Views: 590

Is IRS mailing W2 and W3 forms?

After a move, I can't find our blank W2 and W3 forms, and don't want to pay the silly amount for them on Amazon/Staples. I understand that the front page is not suitable for printing via the online PDF. I submitted a form request online, but I wonder if the IRS is shipping due to the partial governm...
by TomatoTomahto
Wed Jan 16, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 159
Views: 12872

Re: Around 43K in dividends last year - feel good about it ?

How can one be sure that the company is using the unpaid dividend money wisely and not wasting on buybacks or wasting on execessive CEO compensation ? When dividends are distributed it is up to the shareholders to invest back or to make other use of that money. I'm not sure that buybacks are "waste...
by TomatoTomahto
Wed Jan 16, 2019 7:45 am
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6504

Re: A co-worker makes more than me

Sometimes (oftentimes, actually) people who make more have asked for more. It could be as simple as that. (See, e.g., all the studies explaining why women tend to make less than similarly-situated male coworkers). Perhaps your coworker asked for a raise, and you didn't. So, yes, I would absolutely ...
by TomatoTomahto
Wed Jan 16, 2019 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 160
Views: 8328

Re: Getting a Mortgage when You can Pay Cash for a House

I accept your point that a "cash offer" is different than actually paying cash for the house, but if someone makes a "cash offer" who potentially has enough cash to pay for the house but does not intend to buy the house with cash and intends to get a mortgage that would be disingenuous and arguably...
by TomatoTomahto
Tue Jan 15, 2019 6:35 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2719

Re: School staff threatened to call social worker

I was at the hospital today for a procedure, and as part of the intake they asked me if I “was safe” at home. I had no idea at first what they were on about, but then figured it out. They’re mandatory reporters, just as the school probably is. The next time you see a kid on TV who was discovered liv...
by TomatoTomahto
Tue Jan 15, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: School staff threatened to call social worker
Replies: 54
Views: 2719

Re: School staff threatened to call social worker

Schools are often paid from government funding that is based on the number of students each day in attendance, so they don't get paid as much if students don't show up. Thus, they are incentivized to get kids into the schools and make sure they show up. I went to college early, taking an informal a...
by TomatoTomahto
Mon Jan 14, 2019 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 160
Views: 8328

Re: Getting a Mortgage when You can Pay Cash for a House

I would pay cash, but for the non-financial reason that I just so thoroughly loathe the process of getting a mortgage and jumping through the lender's endless, irritating hoops. Done it four times over the course of my house-buying life-time and it feels like a true luxury not have to do it ever ag...
by TomatoTomahto
Mon Jan 14, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 55
Views: 4466

Re: Should I get umbrella liability insurance?

Right, but before people spend time and energy suing you, first they must make sure you have money, otherwise they get nothing. How do they know you have money or not having money? It’s easy enough. They might not get it precisely right, but close enough to decide whether it will be worth it to pro...
by TomatoTomahto
Mon Jan 14, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 160
Views: 8328

Re: Getting a Mortgage when You can Pay Cash for a House

I have always had an aversion to debt. I would pay cash. I would continue investing the hypothetical mortgage payment monthly.(which I did) :happy After the mortgage company made us crazy with their wacky requirements we decided to eat the resulting capital gains and raise the cash. For example, th...
by TomatoTomahto
Mon Jan 14, 2019 11:14 am
Forum: Personal Consumer Issues
Topic: Best way to heat basement?
Replies: 19
Views: 1983

Re: Best way to heat basement?

Doubling insulation R value cuts the heat loss in half. If you have no insulation in the walls (let's say they are R1) and you put R16 in the walls, the heat lost through the walls will decrease by a factor of 4. Making that wall R32 will reduce the heat loss by a factor of 5 (only a 20% improvemen...
by TomatoTomahto
Mon Jan 14, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2141

Re: What's your experience upgrading to Quicken 2018 or 2019?

I'd be happy if they just added the ability to let you create a credit card bill reminder based on the posting date rather than the account balance on the day it's due. (the other options to work for me either) I'd go for the subscription just based on that rather than waiting for 2020. I asked for...
by TomatoTomahto
Mon Jan 14, 2019 7:02 am
Forum: Personal Consumer Issues
Topic: Best way to heat basement?
Replies: 19
Views: 1983

Re: Best way to heat basement?

You can Google "Ductless Heating" or "mini split systems" which are basically small heat pumps where there is a unit outside the house that is connected to a small unit inside the house that has a fan and heat exchanger. How well these would work would depend on your climate and might not be a good...
by TomatoTomahto
Mon Jan 14, 2019 6:29 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 101
Views: 11494

Re: Ray Dalio’s latest fearmongering round

I'm an obvious fan of Dalio, as a cursory search of my posts would prove. But that being said, for one to expect an open-arms reception to some of Dalio's ideas at Boglehead forums, is probably naive at best. The "many roads to Dublin" boast, if there ever was one, was most likely a reference to ac...
by TomatoTomahto
Mon Jan 14, 2019 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Keeping up with inflation?
Replies: 18
Views: 2354

Re: Keeping up with inflation?

When I was born, gas was $0.25 per gallon. Had lots of lead in it too. I once paid $0.139 per gallon. I was 21 at the time, and there was a "gas war". Not a foreign operation involving the military, but a price competition between a few stations all in the same small area. I didn't pay for gas when...
by TomatoTomahto
Sun Jan 13, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2141

Re: What's your experience upgrading to Quicken 2018 or 2019?

coldnose wrote:In fact, this is my suggestion to Quicken : focus future version towards those of us managing investments rather than managing checkbooks & budgets, etc. We have more money and are willing to pay for a better product!
Winner winner chicken dinner.
by TomatoTomahto
Sun Jan 13, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping up with inflation?
Replies: 18
Views: 2354

Re: Keeping up with inflation?

When I was born, gas was $0.25 per gallon. Had lots of lead in it too.
by TomatoTomahto
Sun Jan 13, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2141

Re: What's your experience upgrading to Quicken 2018 or 2019?

I have Quicken 2017. At what point will I have to make a decision about converting to the subscription versions? Around April of 2020 if you want to continue using online services such as transaction downloads. The workaround is to enter transactions manually, and import quotes through a spreadshee...
by TomatoTomahto
Sun Jan 13, 2019 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2811

Re: Vanguard PRIMECAP and Capital Opportunity

We have done well with PRIMECAP and continue to add funds as allowed ($25k per account type per person per year). Taxable or IRA / ROTH? We have 2 taxable accounts and 3 IRA accounts, so that’s $125k/year. One of our kids also has an account that apparently was grandfathered in. ETA: one of us has ...
by TomatoTomahto
Sun Jan 13, 2019 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2811

Re: Vanguard PRIMECAP and Capital Opportunity

We have done well with PRIMECAP and continue to add funds as allowed ($25k per account type per person per year). Taxable or IRA / ROTH? We have 2 taxable accounts and 3 IRA accounts, so that’s $125k/year. One of our kids also has an account that apparently was grandfathered in. ETA: one of us has ...
by TomatoTomahto
Sun Jan 13, 2019 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 48
Views: 2811

Re: Vanguard PRIMECAP and Capital Opportunity

We have done well with PRIMECAP and continue to add funds as allowed ($25k per account type per person per year).
by TomatoTomahto
Sun Jan 13, 2019 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 639

Re: Roth vs traditional 401k

I do get a 50% match up to a $5500 max. I believe I am able to alot how I want to distribute. Is there a reason you don’t like bonds in your r401? I believe that all 401k matches must be allocated to the traditional. I might be wrong, but I've never seen it otherwise. Regarding the larger question,...
by TomatoTomahto
Sun Jan 13, 2019 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 48
Views: 4373

Re: Does anyone have entire 401K in bonds?

To answer the question in the title: yes, our entire 401k is in bonds. However, we have a clear reason (as part of a Liability Matching Portfolio) for doing so, and your reasoning doesn’t seem clear.

In real life, ie, inflation adjusted, I don’t expect more than 0% growth from bonds.
by TomatoTomahto
Sat Jan 12, 2019 8:06 pm
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 55
Views: 4466

Re: Should I get umbrella liability insurance?

BeTheMatch wrote:
Sat Jan 12, 2019 1:48 pm
Everyone should have umbrella insurance, IMO.
And even those of us who have it might consider raising the limits. I will call my agent next week. We set the limit, iirc, at $3M some time ago. I don’t think raising it will be expensive.
by TomatoTomahto
Sat Jan 12, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: New job, sales at Subaru
Replies: 62
Views: 7684

Re: New job, sales at Subaru

Please do not assume that if a couple comes in to buy a car, that you should immediately gravitate to talking to the man. This has happened to my wife and I multiple times when buying HER car. It has happened even after I tell the sales person that the car is for my wife. Different car make (Porsch...
by TomatoTomahto
Sat Jan 12, 2019 10:40 am
Forum: Personal Consumer Issues
Topic: master suite features for addition
Replies: 66
Views: 3379

Re: master suite features for addition

The reading light idea has my interested me since we are both nightly readers. I think the glare might bother me in the ceiling or are there special reading lights where this won't happen. I was thinking on sidewall right above bed In our previous house, we had sidewall lights right above the bed. ...
by TomatoTomahto
Fri Jan 11, 2019 4:07 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 159
Views: 12872

Re: Around 43K in dividends last year - feel good about it ?

You should feel terrible about the $14K in taxable dividends. Terrible? Seriously? Sometimes I think some people on this forum live in an alternate universe. You should feel proud. That is an excellent accomplishment. Your total dividends is more than my annual salary. Keep up the good work. Thank ...
by TomatoTomahto
Fri Jan 11, 2019 3:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 578
Views: 69199

Re: Post your Financial Milestone Announcements Here

Congratulations CyclingDuo, for both the desire to do this for your children, and for seeing it through.
by TomatoTomahto
Fri Jan 11, 2019 3:22 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5244

Re: BHers, what is your Roth IRA %?

stimulacra wrote:
Fri Jan 11, 2019 3:05 pm
Maybe 2019 is the year I max out my Roth IRA :)
2019 is the year we started maxing out the Roth 401k.
by TomatoTomahto
Fri Jan 11, 2019 3:19 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 159
Views: 12872

Re: Around 43K in dividends last year - feel good about it ?

Similar situation here, highest tax bracket and large dividends in taxable. What other choice do we have? VTSAX and VTIAX are tax efficient. The only other option I see is Berkshire stock, which doesn't distribute dividends. I am open to all suggestions on a more efficient tax strategy. Ditto. I so...
by TomatoTomahto
Fri Jan 11, 2019 3:09 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 159
Views: 12872

Re: Around 43K in dividends last year - feel good about it ?

Similar situation here, highest tax bracket and large dividends in taxable. What other choice do we have? VTSAX and VTIAX are tax efficient. The only other option I see is Berkshire stock, which doesn't distribute dividends. I am open to all suggestions on a more efficient tax strategy. Ditto. I so...
by TomatoTomahto
Wed Jan 09, 2019 4:39 pm
Forum: Investing - Theory, News & General
Topic: BHers, what is your Roth IRA %?
Replies: 113
Views: 5244

Re: BHers, what is your Roth IRA %?

Hmmm, interesting question. My first response was "my Roth IRA% is too low." I went to Quicken to get more accurate numbers.

Roth is 3% (low; we had one year of post tax years ago that we mega backdoored later, and now annual backdoor for wife only).
401k is 27%
IRA is 7%
Taxable is 63%.
by TomatoTomahto
Wed Jan 09, 2019 9:59 am
Forum: Investing - Theory, News & General
Topic: Ray Dalio’s latest fearmongering round
Replies: 101
Views: 11494

Re: Ray Dalio’s latest fearmongering round

I'm an obvious fan of Dalio, as a cursory search of my posts would prove. But that being said, for one to expect an open-arms reception to some of Dalio's ideas at Boglehead forums, is probably naive at best. The "many roads to Dublin" boast, if there ever was one, was most likely a reference to ac...
by TomatoTomahto
Wed Jan 09, 2019 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting
Replies: 15
Views: 1316

Re: Tax Loss Harvesting

Well I made a mistake and the lesson is to pay more attention , the why and where of this are not pertinent to this discussion but I accept the responsibility for this. The account is a after tax account and my question is any suggestion to soften the blow? STILLERS I apologize on behalf of some of...
by TomatoTomahto
Tue Jan 08, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

I had an IdeaR about a Haas (horse). My bride is from Worcester and her lifelong Worcester parents talked just like that. Note, Worcester is pronounced Wistah. I'm in Middlesex county now. :D They do talk funny here; I’m in Middlesex county also. Sometimes the accent can lead to phrases that, to a ...
by TomatoTomahto
Tue Jan 08, 2019 9:29 am
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

I didn’t realize Mass stacked up so “middle of the road” tax wise. I, lazily, think of FL and TX and think everywhere is better than NJ, MA, NY, CT; thanks for the stats. I noticed state income tax went down 5 basis points, to 5.05%, about half as much as NJ for high income earners. We pay only slig...
by TomatoTomahto
Tue Jan 08, 2019 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting
Replies: 15
Views: 1316

Re: Tax Loss Harvesting

I'm not sure how someone overlooks something like this. How do you know there wasn't a glitch? E.g. you thought you clicked on one lot but internally it selected a different lot? Did they have an intermediate confirmation page which you remember seeing what the sales and gain/loss was expected to b...
by TomatoTomahto
Mon Jan 07, 2019 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting
Replies: 15
Views: 1316

Re: Tax Loss Harvesting

For a number of reasons (profoundly uncooperative mortgage company, timing of employment, needing to buy before selling), we had to raise a large amount of cash in 2018. That resulted in a mid six digit LTCG, subject to taxes at the same rates as you. As you know, the market tanked later in the year...
by TomatoTomahto
Mon Jan 07, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 71
Views: 5529

Re: Strategies to combat or justify lifestyle creep

sometimes material objects bring more problems - look up on the tesla boards how long it takes to repair one, even from a very minor fender bender. had a family member that had one - and never again... due to the problems and inability to obtain parts or insurance issues. :wink: :wink: I once had a...
by TomatoTomahto
Mon Jan 07, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

I already voted upstream, but I want to cheat and put in another vote for Mass. Consider my second vote as being cast on my wife's behalf :D Taxes are a bit higher than JackFFR suggested ("Middle of the road taxes,") but on the bright side, we get a lot for our tax dollars (contrast to NJ with its h...
by TomatoTomahto
Sun Jan 06, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: What do you think are (some of) the best states to live in?
Replies: 81
Views: 6245

Re: What do you think are (some of) the best states to live in?

We recently move to Mass. The winter can be a bit long, but we consider the weather here “good;” YMMV.

Your other points are well satisfied here.
by TomatoTomahto
Sun Jan 06, 2019 1:36 pm
Forum: Personal Consumer Issues
Topic: Vanguard Statements - Print or Electronic
Replies: 47
Views: 2681

Re: Vanguard Statements - Print or Electronic

mptfan wrote:
Sat Jan 05, 2019 10:34 pm
Invest4lt wrote:
Sat Jan 05, 2019 8:35 pm
No paper here. I download the statements and backup to the cloud. I don’t see any reason to print.
Same here.
I am surprised that this is a topic.
by TomatoTomahto
Sun Jan 06, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3304

Re: 30" or 36" induction range for remodel?

Aside from the minor inconvenience of certain cookware not working, I love it. It's extremely fast and responsive, far better than other electric options. The ceramic cooktop requires a lot of cleaning compared to gas, and I can't use my round bottomed wok, which is a bummer. Those are the only dow...
by TomatoTomahto
Sun Jan 06, 2019 9:54 am
Forum: Personal Consumer Issues
Topic: Strategies to combat or justify lifestyle creep
Replies: 71
Views: 5529

Re: Strategies to combat or justify lifestyle creep

...the problem is hedonic adaptation... That supercool feeling you had when driving your friends Tesla or using your friends iPhone goes out the window real quick (of course, buyers remorse will prevent most people from being honest in this) I’ve had my Tesla X for almost 3 years now (early purchas...
by TomatoTomahto
Sun Jan 06, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3304

Re: 30" or 36" induction range for remodel?

First thing I did when I bought my current home was to rip out the Thermador 36" gas cooktop, and replace it with a 36" Kenmore induction cooktop. I would never consider any cooktop other than induction. Much safer, power efficient, and I don't burn fossil fuels . I'm very much a kind of cook at ho...
by TomatoTomahto
Sun Jan 06, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: Traditional 401K vs Roth 401k
Replies: 60
Views: 3544

Re: Traditional 401K vs Roth 401k

The choice isn't as easy as many here want to make it out to be. It really depends on a lot of individual factors. Factors favoring traditional: - high current marginal rate - plans to retire early and do Roth conversions prior to SS - fully committed to taking traditional tax savings and putting i...