Search found 5002 matches

by madbrain
Thu Sep 13, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 28
Views: 3965

Re: Tesla Model 3 Owners: Your experience so far

Isn't obviuos to everybody that cars cost a lot and depreciate fast especially in the first years but gas is not that expensive? If you keep a car long enough, it has poor mileage, and you drive it a lot, the cost of gas could conceivably nearly match the purchase price. For example, a Ford F150 wi...
by madbrain
Thu Sep 13, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1210
Views: 208160

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

tj wrote:
Thu Sep 13, 2018 10:06 am
Chase is the latest player. Beginning next month, it has "Sapphire Banking" which will have a 60,000 Rewards Points bonus for bringing $75k
Is that to bring $75k in the checking account or also brokerage assets ?
by madbrain
Wed Sep 12, 2018 4:38 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 28
Views: 3965

Re: Tesla Model 3 Owners: Your experience so far

Isn't obviuos to everybody that cars cost a lot and depreciate fast especially in the first years but gas is not that expensive? If you keep a car long enough, it has poor mileage, and you drive it a lot, the cost of gas could conceivably nearly match the purchase price. For example, a Ford F150 wi...
by madbrain
Wed Sep 12, 2018 4:32 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 Owners: Your experience so far
Replies: 28
Views: 3965

Re: Tesla Model 3 Owners: Your experience so far

For perspective on long-term reliability, I've had my Model S (not 3) for 3.75 years. it's been very reliable. I have never personally been to a service center. As far as price, it's cost of ownership not price that is the issue. Surprised how many otherwise financially savvy people focus on purcha...
by madbrain
Tue Sep 11, 2018 2:46 pm
Forum: Personal Consumer Issues
Topic: Smart plug to reboot router?
Replies: 14
Views: 1153

Re: Smart plug to reboot router?

You could buy a Wemo plug. Load the app on your phone. Link the Wemo device to the wi-fi and app. Set a rule turn turn off for 1 minute at 3am on certain days. We use Wemo plugs to control lights. The Wemo is hooked to our Apple HomePod. "Hey Siri, turn on light one". That turns on 3 lights in the ...
by madbrain
Tue Sep 11, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Smart plug to reboot router?
Replies: 14
Views: 1153

Re: Smart plug to reboot router?

Hi, need help to a technical question... Can anyone recommend a smart power plug that can restart a router/modem remotely? Most of the smart plugs (e.g. wemo, kasa) connects to WIFI. Obviously if the Comcast modem freezes up, there is no internet connection and you won't be able to reboot modem. So...
by madbrain
Fri Sep 07, 2018 4:57 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5054

Re: Cost of car ownership: 6.5 years of data in the SF bay area

Total Insurance and Licensing/Reg $ 4,000 That seems insanely low for 8 years - $500/year for both registration and insurance ? I'm assuming you are not in California, as this amount would probably just cover the registration fees alone on a $50k vehicle. Even if the registration fees were $0, I ha...
by madbrain
Fri Sep 07, 2018 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5054

Re: Cost of car ownership: 6.5 years of data in the SF bay area

Thanks Madbrain for the detailed view. Volt was on the list last time I looked but hated the center rare console. Often parents visit us and we need the 5-seat car. Kia Niro/Clarity are my current top list for a car to beat, when I buy in 2 years. Which Kia Niro ? The regular hybrid ? Or PHEV ? Or ...
by madbrain
Thu Sep 06, 2018 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5054

Re: Cost of car ownership: 6.5 years of data in the SF bay area

I live in the Bay and would have guessed lower costs. I think that insurance is contributing atleast 5-7 cents, California sales taxes + new vehicles have been a drag. How do you like the bolt compared to leaf? Yes, our insurance is quite expensive. It went up over 50% around 2010 when we moved fro...
by madbrain
Thu Sep 06, 2018 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5054

Re: Cost of car ownership: 6.5 years of data in the SF bay area

Based on productivity. I spend hours in my commute everyday. And I use the time in Uber to work on my laptop, take calls etc. Too bad you live in a place where you don't have that option Bottomline: use uber or lyft or any of the car sharing services. Based on what ? Our cents/mile being essentiall...
by madbrain
Wed Sep 05, 2018 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5054

Re: Cost of car ownership: 6.5 years of data in the SF bay area

Bottomline: use uber or lyft or any of the car sharing services. Based on what ? Our cents/mile being essentially the same as IRS guidelines ? It would actually be quite insane for us to depend on ride-sharing, IMO. We live in a fairly remote area, borderline rural. Walk score : 9 . Transit score :...
by madbrain
Wed Sep 05, 2018 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5054

Re: Cost of car ownership: 6.5 years of data in the SF bay area

Here is our 12 years of data for 2 cars, on a cash flow basis. Comes from Quicken, but still had to be tidied it up in a spreadsheet which took a while. This is in the SF Bay area also. Santa Clara from 2007-2010, and San Jose from 2010 onwards. https://i.imgur.com/zCr4r7j.png It contains many expen...
by madbrain
Tue Sep 04, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18155

Re: How to Retire in Your 30's with $1 Million in the Bank

Yes, living on $40,000 a year becomes noticeably harder when $10,000 of that goes for health insurance. In MD, post-subsidy, age 36, insurance would be ~320/month with 1000 deductible (gold plan) for a single person with 40k income. Age 56 gets an even higher subsidy so it'd be lower. Do you want t...
by madbrain
Mon Sep 03, 2018 3:13 am
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18155

Re: How to Retire in Your 30's with $1 Million in the Bank

One can certainly change careers, and/or work part-time, or take a sabbitical for a year or three with $1 million in your 30s (or your 40s). Depends on what industry you work in. A year in tech is a long time. Three ? You will be way behind. Don't expect to resume right where you left. Note I'm NOT...
by madbrain
Sun Sep 02, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18155

Re: How to Retire in Your 30's with $1 Million in the Bank

Just wanted to post my families story on here before it gets locked and/or deleted. Someone in the last thread had mentioned that they couldn’t leave their big time job until they had enough saved for FIRE, then gave a rundown of why other jobs wouldn’t work etc. I just wanted to say that it isn’t ...
by madbrain
Sat Sep 01, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

Others have also mentioned the same thing on this forum. Most employers don't even allow non-Roth after-tax 401k contributions in the first place. That tends to be the larger employers. The subset that allows matching on those contributions has to be very small. Well, yes, I would say that the perc...
by madbrain
Sat Sep 01, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

Yes, really I work for a tech Megacorp. They have the best 401k plan that I have seen in decades. They have a very generous match on pre-tax 401k contributions, and Roth 401k contributions, with no vesting period. But they don't match on non-Roth after tax contributions. Previous Megacorp was the s...
by madbrain
Fri Aug 31, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

Most companies don't match on after-tax contributions, even if they match on salary deferrals. Really? I like my employer's 401(k) more and more every day. Yes, really I work for a tech Megacorp. They have the best 401k plan that I have seen in decades. They have a very generous match on pre-tax 40...
by madbrain
Fri Aug 31, 2018 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

As for taking funds out of the stock market, does your AA call for 100% stocks ? You shouldn't have to do that. If you can do the IPRR online on the day after the contribution is made to your 401K, then taxes should be minimal regardless. I called and verified that my plan does not allow me to do i...
by madbrain
Fri Aug 31, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: Home Audio Advice
Replies: 25
Views: 1719

Re: Home Audio Advice

I think you are on to something with the Chromecasts. I use 2 for outside speakers and control it with my phone. My phone doesn't turn the speakers (which have internal amps) on or off though. The thing is the tv (presumably with a cable box) will put a kink in this and require some other mechanism...
by madbrain
Fri Aug 31, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

I can do it every two weeks if I manually call Fidelity and wait 20-30 minutes, although that seems like a lot of hastle. I feel like I would rather not take funds out of the stock market before the conversion. The taxes are annoying but not going to break the bank. Ask them if you can do it online...
by madbrain
Fri Aug 31, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3101

Re: Piano for a child

Digital pianos are not dissimilar to digital cameras. Less expensive, less maintenance, less carrying cost, lighter, faster, easier, and more features than their mechanical counterparts. There's still a place for film cameras and mechanical pianos in terms of their artistic value, historical authen...
by madbrain
Fri Aug 31, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: Home Audio Advice
Replies: 25
Views: 1719

Re: Home Audio Advice

As to using an iPad, I'm not sure how that would work. It could be a source for music, but turning an amp on or off with that and adjusting the volume would make it more complicated. There are apps for that, but you'd need hardware also (to send IR signals to the amp, cable box or whatever). I'm no...
by madbrain
Fri Aug 31, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

These are non issues for the OP who’s plan does not allow in service withdrawal. The option of after tax contribution with automatic in plan roth rollover quarterly is excellent. OP, do you get any company match on salary deferral? Or on after tax contributions? Just make sure that you have your co...
by madbrain
Fri Aug 31, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?
Replies: 22
Views: 1193

Re: Are quarterly Roth conversions of after-tax contributions to a 401(k) roughly equivalent to a Mega Backdoor Roth?

I just found out that my 401(k) plan at Fidelity allows after-tax non-Roth contributions but does not allow in-service distributions from the after-tax Roth sub-account into a Roth IRA, so I cannot set up a Mega Backdoor Roth IRA. However, the 401(k) does allow me to set up automatic quarterly Roth...
by madbrain
Fri Aug 31, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

"2 hour drive, one way, easily" means you're WAY south. I commute (during rush hour) daily to Menlo Park which takes 40-50 minutes to my house right by the border of San Francisco. If you're that far south you're very close to San Jose which I'm guessing is a better option in your situation. It's a...
by madbrain
Fri Aug 31, 2018 2:07 am
Forum: Personal Consumer Issues
Topic: Piano for a child
Replies: 60
Views: 3101

Re: Piano for a child

You should know, however, that they depreciate like a car and require a lot of maintenance. What kind of maintenance did you have to do on your Kawaii ? I have had a grand piano for 16 years - first a 5'7" and now a 9'2" . The first one needed some adjustments after first moving into the house, but...
by madbrain
Fri Aug 31, 2018 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

AerialWombat wrote:
Thu Aug 30, 2018 9:32 pm
If you are politically conservative... You're simply going to be miserable in the Bay Area.
That's not a bug, it's a feature, and a huge reason to stay in the Bay area, IMO.
by madbrain
Fri Aug 31, 2018 1:58 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

2) San Francisco: I'm not sure what people are talking about when they say there's no culture in the Bay Area. I agree that lots of SV is dominated by tech companies which removes a lot of the culture in their towns, but go north to San Francisco and you'll find plenty of culture. Depending on wher...
by madbrain
Thu Aug 30, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

I recall during the same time my dad getting letters from the mortgage company encouraging him to pay off his 5-6ish percent mortgage when money markets were making double digits. In the last month, I have gotten multiple e-mails and snail mails from a mortgage consultant at my mortgage servicer. T...
by madbrain
Thu Aug 30, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

Earl Lemongrab wrote:
Thu Aug 30, 2018 1:31 pm
What does a paid-off house have to do with a financial crisis? Other than reduce your liquid assets? It's not like they call mortgages when there's a stock market dive.
+1 . Lenders also don't call your mortgage when you get laid off. The liquidity is even more valuable in that case.
by madbrain
Thu Aug 30, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

You may not be doing this, but I would urge you to not let the 'tax tail' wag the 'investment dog' too much. Since taxes are my #1 expense by a long shot, I do everything I can to minimize them. I don't think doing that' works against my investments - rather the contrary, since tax laws favors inve...
by madbrain
Thu Aug 30, 2018 3:47 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

Interesting - I'm in the same position. WFH making below market. I can make more money, but my work life balance is great and my hourly pay when you look at it - is pretty good. I'm curious how are things for you now? Happier? Learning more? Better future career prospects? Would you of left that wf...
by madbrain
Thu Aug 30, 2018 3:13 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

limeyx wrote:
Thu Aug 30, 2018 12:32 am
Not in Silicon valley and have all of those
Not surprised. It really depends more on the position and type of business, less than where the company is geographically located, IMO.
by madbrain
Thu Aug 30, 2018 3:12 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

This is a huge point overlooked by many people with money, and applies to many scenarios. The improvement in lifestyle you experience with more money, assuming you have "enough" already, is often not worth the hassle or risk of making it. The improvement in lifestyle beyond a certain point is trivi...
by madbrain
Thu Aug 30, 2018 3:02 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

In days when it is cold or rains heavily, my family and I can stay warm, have a roof of our own over our heads - the feeling is priceless! That roof may not be yours very long if you fail to pay your property taxes. For us, the monthly property taxes are significantly more than the monthly interest...
by madbrain
Thu Aug 30, 2018 3:01 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

Hmm, I never heard of a recast before. Sounds interesting. How does the math work? I presume the lender still ends up getting the same dollars in interest as they would without the recast? The interest rate does not change. Your minimum monthly payment just goes down. Recast is only possible if you...
by madbrain
Wed Aug 29, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 192
Views: 34956

Re: "6 Reasons The Rich Should Pay-Off Their Mortgage"

This is a huge point overlooked by many people with money, and applies to many scenarios. The improvement in lifestyle you experience with more money, assuming you have "enough" already, is often not worth the hassle or risk of making it. The improvement in lifestyle beyond a certain point is trivi...
by madbrain
Wed Aug 29, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

SV senior SW engineer here: My family has definitely chosen a work/life balance over money. My husband and I both work for relatively small companies, are both underpaid for our jobs, and are very good at them. We have chosen to NOT work at high stress companies because we want the flexibility of s...
by madbrain
Wed Aug 29, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

Most people I know work 3-5h a day, if. At my previous job, I could be 100% WFH, for nearly the last 7 years. I worked about that number of hours on average. All my coworkers were off-shore. I didn't work most fridays due to time differences. It was depressing and demotivating. I got laid off earli...
by madbrain
Wed Aug 29, 2018 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

There is no traffic when your company provides a free shuttle (with wifi). You can sleep, work, email, surf internet, read a book, chat with colleagues. Also you can share the commute. When I was living in San Francisco and working in Santa Clara (100 miles total) I was commuting with a friend. Tha...
by madbrain
Wed Aug 29, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

Folks, Bay Area Working Culture -> Lack of work-life balance. A) Do you travel for business during the non-working day? B) Are you expected to work more than 40 hours per week? C) Are you expected to respond to business email, phone, text after office hour? D) Do you carry a pager? Aka, on-call? Kl...
by madbrain
Wed Aug 29, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

Netflix gives you $15k to spend on health insurance. What you don’t spend is refunded to you. Without knowing what the premiums are, as well as deductible and max OOP, this number is really meaningless. We do have more than 6 figures of healthcare expenses though. Also, I worked for Netflix in a pr...
by madbrain
Wed Aug 29, 2018 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

Huh? Bay Area tech companies offer some of the most family friendly benefits. Fully paid healthcare, on site day care, etc. I am currently on a 3 month fully paid paternity leave with my company. Some companies offer 6 months. Not sure what you mean by "fully paid healthcare". Been working in tech ...
by madbrain
Wed Aug 29, 2018 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21651

Re: Decent compensation to move to Bay Area CA?

+1 Could not agree more about the lack of culture in Silicon Valley. Doesn't begin to compare to Paris or London. Or Berlin, Munich, Lisbon or any other of a number of cities. The SF Bay Area has the SF Symphony, Ballet, and Opera. Great theater in Berkeley. Two of the very best major universities ...
by madbrain
Mon Aug 27, 2018 3:10 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1210
Views: 208160

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I think mine might have been related to the conversion from admiral shares to investor shares prior to the move. I think the cost basis method was changed at that time. And because of the share conversion, all the prior statements are useless for determining cost basis per lot.
by madbrain
Sun Aug 26, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4141

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

Was there a >60 days break in coverage, and a different insurance company involved in this case ? I am pretty sure that there was no break in coverage, but it was probably a different insurance company. Back then the continuous coverage rule had not been made yet so that if you changed jobs any pre...
by madbrain
Sun Aug 26, 2018 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you perform Mega Backdoor Roth in-service transfer?
Replies: 17
Views: 1189

Re: How often do you perform Mega Backdoor Roth in-service transfer?

My company 401K was with Vanguard and I also had the same after tax contribution capability as you have. When I transferred this money to a Roth IRA, Vanguard had me set up a Traditional IRA as well. The after tax contributions went into the Roth, and any gains on my after tax contribution were the...
by madbrain
Sun Aug 26, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1210
Views: 208160

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I just want to say that I have terrible luck with transfers between custodians, specifically with the cost basis in taxable brokerage accounts. Vanguard to Merrill Edge : SpecID cost basis got lost during the transfer, and was replaced with average. After fighting for months to get it fixed, I gave ...
by madbrain
Sun Aug 26, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: Short Term Health Insurance regulation changes - good for age 62 retirement?
Replies: 82
Views: 4141

Re: Short Term Health Insurance regulation changes - good for age 62 retirement?

They are not required to cover pre-existing conditions but if you are coming off of a company provided health care plan it should be easy to provide to document your current state of health. Not really. Here is a real case from about 20 years ago under the old rules. A neighbor of mine changed jobs...