Search found 38 matches

by ksJoe
Sat Feb 27, 2021 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: $500 never appeared in flexible spending account - admin ignoring me & my employer
Replies: 7
Views: 828

Re: $500 never appeared in flexible spending account - admin ignoring me & my employer

my employer has been contacting them. Last I heard, they were not responding to the employer.
by ksJoe
Sat Feb 27, 2021 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: $500 never appeared in flexible spending account - admin ignoring me & my employer
Replies: 7
Views: 828

Re: $500 never appeared in flexible spending account - admin ignoring me & my employer

Yeah, we had a couple emergency room visits due to alergic reactions, so there are plenty of expenses to submit. That's a good idea to submit a claim anyway, I'll try to get something submitted. In the past we've always used the debit card so I haven't looked at how to submit claims on their site. I...
by ksJoe
Sat Feb 27, 2021 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: $500 never appeared in flexible spending account - admin ignoring me & my employer
Replies: 7
Views: 828

$500 never appeared in flexible spending account - admin ignoring me & my employer

I started a new job last fall, and if I contribute anything, my employer contributes $500 the FSA. So I put in $50. The $500 employer contribution never showed up. My employer chnanged vendor/administrator for 2021, and said they had a lot of problems the old vendor. My employer said there were mist...
by ksJoe
Fri May 29, 2020 7:23 pm
Forum: Personal Consumer Issues
Topic: Condensation line in attic / AC air handler
Replies: 18
Views: 1219

Re: Condensation line in attic / AC air handler

The suggestion of Pex is good, but the Pex I'm familiar with is not very rigid. To keep a bit of a slope in it, you may need to staple it to a board, or something. Do you use the AC for dehumidifying in the winter at all? If not, you could just blow it out each fall. I also wonder about bumping up t...
by ksJoe
Wed May 27, 2020 6:59 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime delayed shipping
Replies: 39
Views: 3002

Re: Amazon Prime delayed shipping

I'm too cheap and stubborn to pay for prime. What annoys me is that as a non-prime customer, they randomly select orders to put in timeout for 2 weeks. This has nothing to do with the current pandemic, its been going on for years. Some orders come in a day or two, some orders they don't start to shi...
by ksJoe
Sun May 24, 2020 11:05 pm
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 185
Views: 19868

Re: Pandemic buys that have improved quality of life?

We already had an upright freezer, but I bought a smallish chest freezer as they were disappering (6 week wait, but I have it now). Just before the chest freezer arrived, I ordered 1/4 beef from a local packer. A few days later I ordered a whole hog. The 1/4 beef came in at about 270 lbs at around $...
by ksJoe
Sat Nov 09, 2019 10:43 pm
Forum: Investing - Theory, News & General
Topic: Are There 529 Plans that Allow Stocks and EFTs?
Replies: 9
Views: 772

Re: Are There 529 Plans that Allow Stocks and EFTs?

Depending on how motivated you are to have investment choices, here's another option you might want to think about: If the 529 plan is intended for a young child, you can create a custodial account for the child as a traditional taxable account. The child can realize a thousand $ in gains tax free ...
by ksJoe
Sat Nov 09, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: Are There 529 Plans that Allow Stocks and EFTs?
Replies: 9
Views: 772

Re: Are There 529 Plans that Allow Stocks and EFTs?

Depending on how motivated you are to have investment choices, here's another option you might want to think about: If the 529 plan is intended for a young child, you can create a custodial account for the child as a traditional taxable account. The child can realize a thousand $ in gains tax free (...
by ksJoe
Sat Nov 09, 2019 5:40 pm
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

So, to answer your question: No - there should not be any holdings with a low cost basis. This is one of the basic premises of the strategy. Over 30 years there should have been enough volatility and low correlation stocks to rotate out all of the low cost basis stocks and reset the cost basis to a...
by ksJoe
Sat Nov 09, 2019 12:06 pm
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

Yes, poorly worded on my part. I should have said there is less opportunity when not contributing (because over time the market tends to go up, so older dollars in general would have a lower cost basis, and so it would generally take a more significant market decline to have TLH on older investment...
by ksJoe
Sat Nov 09, 2019 11:22 am
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

I wonder if there are any academic studies regarding aggressive tax loss harvesting and investment returns. This strategy involves lots of turnover to generate the tax losses and I am wondering if this is creating a friction with bid/ask spreads and incorrect sell/buy decisions. In other words, I a...
by ksJoe
Sat Nov 09, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

The first assumption is wrong. TLH can reduce or eliminate unrealized long term capital gains. It does not matter if you are contributing or withdrawing funds. What matters is the volatility and correlation of the underlying securities. Yes, poorly worded on my part. I should have said there is les...
by ksJoe
Sat Nov 09, 2019 11:03 am
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

I fail to see what the robo would do that 15 minutes of my time & a calendar reminder would not be able to do. Automated software can do it much more aggresively and thoroughly. I opened an account at Wealthfront in July 2018 with $5k, and contributed $1k weekly since. Just in 2018 they harvest...
by ksJoe
Sat Nov 09, 2019 10:42 am
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

I fail to see what the robo would do that 15 minutes of my time & a calendar reminder would not be able to do. Automated software can do it much more aggresively and thoroughly. I opened an account at Wealthfront in July 2018 with $5k, and contributed $1k weekly since. Just in 2018 they harvest...
by ksJoe
Fri Nov 08, 2019 10:22 pm
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

Re: optimal strategy for exploiting robo-advisors

What sort of micromanaging would be happening when selling during retirement? Most lots will be long term gains. Sell the ones with the highest basis. Yeah, that's the part I'd thought about the least. That's a ways off for me. There may not be much point in that. Because of their aggressive TLH an...
by ksJoe
Fri Nov 08, 2019 10:04 pm
Forum: Investing - Theory, News & General
Topic: optimal strategy for exploiting robo-advisors
Replies: 33
Views: 2983

optimal strategy for exploiting robo-advisors

I had a random thought last night, tell me what I'm missing here. I think with a little bit of hassle I can get the aggressive tax loss harvesting benefits from a robo-advisor, without paying them for managing a large amount of money. Assumptions: While a portfolio is rapidly growing, robos can save...
by ksJoe
Sat Sep 21, 2019 8:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 11052

Re: Vanguard said to offer Digital Advisory Service [Robo-Advisor]

What is auto-TLH worth for some tlh-optimized version of the three fund portfolio? Its worth a lot. I've seen harvesting as little as $6 Wealthfront slices and dices to an asset allocation, based on how you answer their questions. Its more than 3 categories of funds, but similar idea. This is what ...
by ksJoe
Sat Sep 21, 2019 9:21 am
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 11052

Re: Vanguard said to offer Digital Advisory Service

Auto-TLH benefits are overwhelmed by roboadvisor fees; that's mostly a marketing bullet point to make it sound to people who haven't done the math that it's worth the cost. The 10bp savings compared to Betterment/Wealthfront here are a much better value than that feature. For us hobbyists, it has n...
by ksJoe
Fri Sep 20, 2019 10:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 11052

Re: Vanguard said to offer Digital Advisory Service

I read that they'll be sticking to Vanguard funds. That's understandable, but it makes me skeptical of their tax loss harvesting. I have some taxable funds at Wealthfront and they are aggressive on tax loss harvesting. Wealthfront rotates between a variety of similar but not identical low cost fund...
by ksJoe
Fri Sep 20, 2019 10:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 111
Views: 11052

Re: Vanguard said to offer Digital Advisory Service

I read that they'll be sticking to Vanguard funds. That's understandable, but it makes me skeptical of their tax loss harvesting. I have some taxable funds at Wealthfront and they are aggressive on tax loss harvesting. Wealthfront rotates between a variety of similar but not identical low cost funds...
by ksJoe
Thu May 22, 2008 10:14 pm
Forum: Personal Investments
Topic: HELOC Cancelled - what to do?
Replies: 10
Views: 4968

Sounds like you're not concerned about FICO score near term - what about liquidity? From a liquidity perspective - losing the HELOC reduced your liquidity. Paying down the HELOC won't help your liquidity, but maxing out the ROTH will (since in an emergency you can take the contributions out penalty ...
by ksJoe
Sun Mar 16, 2008 9:00 pm
Forum: Investing - Theory, News & General
Topic: JP Morgan Chase to buy Bear Stearns
Replies: 31
Views: 6039

A quote from the WSJ:
The pain could be most acute for Bear Stearns's employees, who are steeped in a culture of personal ownership -- and hold about a third of the firm's shares outstanding.

Ouch, that's going to hurt.
by ksJoe
Thu Mar 13, 2008 7:49 pm
Forum: Personal Investments
Topic: When to Lock Mortgage Interest Rate?
Replies: 11
Views: 3199

Get approved at a second place that doesn't charge a fee if you don't close with them. Then lock with them at an ok rate and wait & see with your first choice place.
by ksJoe
Sun Mar 02, 2008 5:41 pm
Forum: Personal Investments
Topic: Sorely tempted to tap home equity
Replies: 9
Views: 2180

Yes, it is too good to be true. You cannot use proceeds of a new mortgage to purchase muni's and claim both the mortgage deduction and the tax free muni dividends. It is ok if you buy muni's while holding a mortgage. Though tempting, there is no free lunch here. Dale Are there any time limits? With...
by ksJoe
Sat Mar 01, 2008 10:24 pm
Forum: Personal Investments
Topic: In what form do you keep your emergency fund?
Replies: 96
Views: 25332

This topic has been on my mind for weeks. I can't figure out an emergency that I would need 3 months of living expenses for. I have: 5,000 credit limit on Credit Card 1 5,000 credit limit on Credit Card 2 10,000 credit limit on HELOC card All of these cards can do cash advances (obviously with fees...
by ksJoe
Wed Feb 13, 2008 11:52 pm
Forum: Personal Investments
Topic: Buydown loan for a home... thoughts? catches?
Replies: 16
Views: 3265

I suggest you get a quote from bank of america. About 3 weeks ago, we bought a house financed by them. They have a "no fee plus" mortgage. They pay all closing costs, including third party fees (appraisal, title fee, title insurance, etc), except mortgage tax stamp, and points (if you chos...
by ksJoe
Fri Feb 08, 2008 9:18 pm
Forum: Personal Investments
Topic: finally: gov't rebate logic published. do you get $1200+?
Replies: 14
Views: 3249

$1800, but it change much for us. We'll put towards the mortgage. So it will go from our personal debt, to our share of the federal debt.
by ksJoe
Sat Feb 02, 2008 4:46 pm
Forum: Personal Investments
Topic: Preperation in case of layoff
Replies: 39
Views: 9836

" If you are asked, do not label the money your employer provides you after the notification period as "severance"." Why is this? If you receive 6-weeks of "severance pay" then you are not eligible for unemployment insurance until 6-weeks after you leave the company. (...
by ksJoe
Fri Feb 01, 2008 8:12 pm
Forum: Personal Investments
Topic: Preperation in case of layoff
Replies: 39
Views: 9836

A year or so ago several of us at work were thinking we would get laid off too. I got an email on "things I wish I knew before I was laid off". Here's what it said (edited to remove some things specific to the company work for - Sun Microsystems): > 1. All jobs are temporary. Unemployment ...
by ksJoe
Fri Nov 16, 2007 11:49 pm
Forum: Personal Investments
Topic: ING direct 12 mo cd's take longer than 12 mo?
Replies: 2
Views: 1069

Yup, that explains it - or all but 1 day of it. These 3 were funded from a checking account. The maturity date's match up to the bank's withdrawl date + 1 year + 1 day. ING transaction date / Bank Withdrawl date / ING maturity date Nov 15, 2006 / Nov 16, 2006 / Nov 17, 2007 Nov 24, 2006 / Nov 27, 20...
by ksJoe
Fri Nov 16, 2007 10:39 pm
Forum: Personal Investments
Topic: ING direct 12 mo cd's take longer than 12 mo?
Replies: 2
Views: 1069

ING direct 12 mo cd's take longer than 12 mo?

I can't think of any reason for this. We have some 12 month cds with ING Direct, that have maturity dates more than 12 months after the deposit. On all three of them, they say the term is simply "12 Months". Deposit Transaction Date Maturity Date Nov 15, 2006 Nov 17, 2007 Nov 24, 2006 Nov ...
by ksJoe
Sun Oct 21, 2007 8:32 pm
Forum: Investing - Theory, News & General
Topic: Does Vanguard charge a fee to transfer out?
Replies: 20
Views: 5652

You should be very careful about trying to deceptively violate this. If it is for the purpose of complying with gov. regulations, you may be required to sign documents that say you are disclosing all investing activity. You don't want to get in trouble with the feds for perjury. After Enron they're ...
by ksJoe
Fri Oct 19, 2007 10:22 pm
Forum: Investing - Theory, News & General
Topic: Shorting the market
Replies: 7
Views: 2254

There is one case you're missing, but us little guys don't have the $ to do it. In the case of death spiral financing, shorting is virtually guaranteed to be profitable. The sequence goes like this: - A small company issues convertible debt (debt than the owner can convert on demand to equity at cur...
by ksJoe
Sat Sep 29, 2007 10:20 pm
Forum: Investing - Theory, News & General
Topic: Cramer: "Don’t you dare buy a home now, you will lose
Replies: 66
Views: 20395

We submitted an offer last night

DW & I submitted an offer last night :)

For the last 2+ years we've been planning on moving about now. Its in the midwest, so the market isn't crazy here. In 10 years we'll know whether or not it was a good idea. Until then, life goes on...

-Joe
by ksJoe
Mon Sep 10, 2007 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Refusing to pay a bill
Replies: 20
Views: 7543

You can send a complaint to your state attorney general for deceptive business practices, etc. Just be sure to CC them on it! I've sent complaints to the state insurance commissioner, and gotten things immediately resolved. Or if you'd like to have a little fun.... When I get in in a situation with ...
by ksJoe
Sun Aug 26, 2007 10:09 pm
Forum: Personal Investments
Topic: Anyone have a ingdirect mortgage?
Replies: 0
Views: 699

Anyone have a ingdirect mortgage?

My wife and I are looking to move in a few months, and ingdirect has some really great rates. Our broker doesn't know anything about them specifically, but mentioned delayed closings because of another online lender. We've got savings & CDs with ingdirect, and have been very pleased. But we real...
by ksJoe
Wed Jul 11, 2007 10:29 pm
Forum: Personal Investments
Topic: Calling all young people...what is your Asset Allocation?
Replies: 66
Views: 23603

Interesting that most of the explanation posts are for young guys with very high equity AA. Young guys are also most likely to own fast, loud cars. Same psychology? I drive a 95 civic dx that I bought totaled in '98 with 55k miles on it. Now it was 237k. It doesn't even have power steering.... Does...
by ksJoe
Wed Jul 11, 2007 9:45 pm
Forum: Personal Investments
Topic: Calling all young people...what is your Asset Allocation?
Replies: 66
Views: 23603

I wish you included a >100% option... I'm not margined, but some probably are.

I'm about 94% equity, 28 years old.

-Joe