Search found 4033 matches

by dratkinson
Mon Jan 22, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of using I Bonds as Emergency Fund?
Replies: 5
Views: 762

Re: Logistics of using I Bonds as Emergency Fund?

I was in the 25% fed tax bracket, now in the new 22% fed tax bracket. I had similar concerns a few years back---savings bonds being forgotten, inaccessible. My solutions was to be proactive and convert them into a single-state municipal bond fund. (I redeemed the savings bonds, and used the proceeds...
by dratkinson
Sat Jan 20, 2018 5:39 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 3472

Re: How do you adjust side mirrors in a car?

Currently. I use a 4"h x 5.5"w rounded-rectangular convex mirror stuck to each side mirror and adjust both wide. I can just make out my vehicle's rear (helps with backing and parking), and the vehicles in adjacent lanes are still visible in my side mirrors when they come into my peripheral vision. A...
by dratkinson
Sat Jan 20, 2018 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Which is faster - Push or Pull - Transfer of cash into investment accounts
Replies: 19
Views: 1356

Re: Which is faster - Push or Pull - Transfer of cash into investment accounts

... No, I've never paid for wires or ACH. That is the main reason I keep this particular checking account and move money into it when I need to wire for free. Lake Michigan Credit Union charges $5 for incoming wires. Didn't know that until after I sent a free wire from my main checking. All the ban...
by dratkinson
Fri Jan 19, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Which is faster - Push or Pull - Transfer of cash into investment accounts
Replies: 19
Views: 1356

Re: Which is faster - Push or Pull - Transfer of cash into investment accounts

check to see if your bank charges a fee for outgoing ACH transfers, Bank of America does, cant remember but still a few dollars per transfer. I "pull" from the receiving end. +1 One of my accounts (bank?, CU?) charges for an ACH push, ACH pull is free. ACH process seems to take 2 business days each...
by dratkinson
Wed Jan 17, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: VBTLX versus NUVEEN managed Muni Bonds
Replies: 11
Views: 955

Re: VBTLX versus NUVEEN managed Muni Bonds

... The muni bonds are held at Stifel and managed by Nuveen. The annual fee is 1% and the average yield is 4.09%. A result of 3.09% is not too bad. ... 1. The 1% fee (Stifel?) is taking 25% of your average yield. You can do better. 2. Compare only SEC yields, not any other types of yield, as that i...
by dratkinson
Tue Jan 16, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: Budget multitool knife
Replies: 28
Views: 3220

Re: Budget multitool knife

BH Budget multitool knife. I kept a Swiss Army "Classic SD" (screw driver, flat blade) on my keychain for many years. Remember buying it in a blister pack with a MiniMag Solitaire (AAA incandescent flashlight). Eventually wore out both. Replaced Classic SD with a Victorinox (the other swiss army com...
by dratkinson
Tue Jan 16, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help with young family portfolio
Replies: 12
Views: 1092

Re: Help with young family portfolio

Flipping properties. --Had a good neighbor who did that. --He didn't see the trouble coming, declared bankruptcy and moved away with the housing mess in ~2008. --I miss him. A better use of your free time would be to go back to school (part-time) to expand your job skills (increase your human capita...
by dratkinson
Sat Jan 13, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: "Emergency Fund" Strategy
Replies: 39
Views: 3931

Re: "Emergency Fund" Strategy

BH Emergency Fund Strategy My general thoughts on emergency funds. Enough. After learning these things: --Senior investors say, "...when we have enough (as defined by us), we don't need a dedicated EF as all of our investments become our EF". --Forum’s preferred investing order: #1 get employer’s ma...
by dratkinson
Sat Jan 13, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: VBTLX versus NUVEEN managed Muni Bonds
Replies: 11
Views: 955

Re: VBTLX versus NUVEEN managed Muni Bonds

Had to go back and refresh my memory. The Nuveen fund was FCOTX. The ER was okay. But the prospectus promised... --sales load, --exposure to AMT issues “without limit”, --up to 20% junk bond exposure, --use of leverage. See: http://www.rightprospectus.com/documents/Nuveen/PRO_MunicipalBondState1.pdf...
by dratkinson
Sat Jan 13, 2018 1:46 am
Forum: Investing - Help with Personal Investments
Topic: VBTLX versus NUVEEN managed Muni Bonds
Replies: 11
Views: 955

Re: VBTLX versus NUVEEN managed Muni Bonds

It is our due diligence requirement to make an informed decision. I read a Nuveen prospectus while researching muni funds. Scariest thing I've ever read. Of course I would never have known how bad it was if I hadn't first read two of the bond books recommended by the Wiki. Why read two bond books? W...
by dratkinson
Fri Jan 12, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?
Replies: 21
Views: 1250

Re: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?

Why do you not have access to an employer's plan? Is it because you are self-employed? If so then you can create your own self-employed retirement plan. Self employed retirement plans. See: https://www.irs.gov/retirement-plans/retirement-plans-for-self-employed-people More information search: http:/...
by dratkinson
Fri Jan 12, 2018 2:33 am
Forum: Investing - Help with Personal Investments
Topic: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?
Replies: 21
Views: 1250

Re: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?

BH Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds Taxable Mutual Funds VTSAX - Vanguard Total US Stock Market Index Fund Expense Ratio: .04% AGDAX - AB High Income Fund Class A Expense Ratio: .86% expensive, tax inefficient LFRAX - Lord Abbett Floating Rate Fund Cla...
by dratkinson
Thu Jan 11, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?
Replies: 21
Views: 1250

Re: Can only invest in Taxable and Roth IRA - most tax efficient place to hold bonds?

Since you are in NJ, you might be able to use a Vanguard NJ muni bond fund in taxable. It depends upon how the muni TEY (taxable-equivalent yield) calculation turns out. (The muni TEY tells you the yield of the taxable investment that would produce the same after-tax yield as the muni fund.) For nat...
by dratkinson
Sun Jan 07, 2018 6:08 am
Forum: Investing - Help with Personal Investments
Topic: 3rd update from a panicked investor
Replies: 14
Views: 3106

Re: 3rd update from a panicked investor

Congratulations on paying off the house and car. Best of luck as a silent business partner. Taxable. Suggest converting to a 3-fund portfolio using 3 discrete funds. Substitute intermediate-term national municipal bond fund for 3-fund portfolio's recommended total bond market index fund. Emergency f...
by dratkinson
Sun Jan 07, 2018 5:30 am
Forum: Investing - Theory, News & General
Topic: math help [Optimal rate to cash out crypto portfolio]
Replies: 9
Views: 918

Re: math help

Thank you very much for your input. What I understand from the equation this takes into account that you can loose money on a "bet". [1] My plan is to cash out on each x% rise, so I won't cash out when prices are falling. Also, [2] I've cashed out my initial investment so I won't lose anything from...
by dratkinson
Sat Jan 06, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Do all investment earnings in IRA/401k need to stay in the account until retirement?
Replies: 5
Views: 481

Re: Do all investment earnings in IRA/401k need to stay in the account until retirement?

Trying to read between the lines. Follow the rules and you can move money between retirement accounts/plans. See allowed rollovers: https://www.irs.gov/pub/irs-tege/rollover_chart.pdf --If your new employer's plan is better than your old employer's, can move your old into new. --If your new employer...
by dratkinson
Fri Jan 05, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Just learned we’ll be over the Roth IRA income limit - how to avoid tax penalty?
Replies: 7
Views: 1155

Re: Just learned we’ll be over the Roth IRA income limit - how to avoid tax penalty?

Another option. Believe you can use the backdoor Roth idea*: --Recharacterize rIRA to tIRA, --then convert tIRA to rIRA. Assuming you are deep into the tIRA deductible-contribution phase-out range, the backdoor Roth step may cost no extra in taxes**. (** Over what you've already paid for a non-deduc...
by dratkinson
Tue Jan 02, 2018 4:22 am
Forum: Investing - Help with Personal Investments
Topic: Bond questions: Tax-Exempt vs. Total Bond, placing in taxable vs. Roth
Replies: 8
Views: 946

Re: Bond questions: Tax-Exempt vs. Total Bond, placing in taxable vs. Roth

BH Bond questions Tax Exempt vs Total Bond, placing in taxable vs Roth ... In the meantime, my next newbie question: I wouldn't be investing enough (intially, anyway) for Admiral shares of VCLAX. The SEC Yield of regular VCITX is 2.34, for a TEY of 2.34 / (1 - .24) = 3.08. VBTLX's SEC yield is 2.56....
by dratkinson
Mon Jan 01, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Bond questions: Tax-Exempt vs. Total Bond, placing in taxable vs. Roth
Replies: 8
Views: 946

Re: Bond questions: Tax-Exempt vs. Total Bond, placing in taxable vs. Roth

Munis go in taxable accounts, only. Compare bond SEC yields, only, no other types of yields. Learn to compute a muni's TEY (taxable-equivalent yield) National muni fund. Muni TEY = muni SEC yield / (1 - your fed tax bracket) Single-state muni fund, if you don't take the state tax deduction on your f...
by dratkinson
Sun Dec 31, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: What is best tax software for free filing - low income retirees?
Replies: 16
Views: 740

Re: What is best tax software for free filing - low income retirees?

Could try one of the IRS free file online s/w options. I've used/like OLT: free fed, state, efile or print, if income <=$64K. There is an OLT learning curve as all data entry, after the personal data interview section, is drop-down menus and quick-entry tables---no hand-holding interviews to slow yo...
by dratkinson
Sat Dec 30, 2017 7:04 pm
Forum: Personal Consumer Issues
Topic: Putting in a Word About Tea - brands, types, etc.
Replies: 85
Views: 8581

Re: Putting in a Word About Tea - brands, types, etc.

My current favorite after-evening-meal tea is Bigelow Vanilla Chai
--6oz hot water in 12oz mug
--steep tea bag (4min as directed)
--add 1-2oz honey (to taste, stir well to mix)
--fill mug with milk
--microwave 1min to reheat

It's almost like liquid cheese cake. Yummy.
by dratkinson
Sat Dec 30, 2017 6:11 pm
Forum: Investing - Theory, News & General
Topic: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits
Replies: 15
Views: 1795

Re: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits

Fixed broken link. Updated calendar to check/report status of this rate next Dec. (Wonder if it will disappear as fast as the USAA 2.5% CC?) My excess PSCU savings money (1mo of living expenses sitting in 0.10% share account) will be rebalanced (leave only required $5) after the first-of-the-month a...
by dratkinson
Fri Dec 29, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits
Replies: 15
Views: 1795

Re: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits

Logistics. After a false start, it looks like it will be easy to add a new account to my investment companies. --Vanguard (after voice verification). CSR said, "No problem, we'll mail you a form." --Westcore (single-state muni fund). CSR said, "Medallion signature guarantee required to add an accoun...
by dratkinson
Fri Dec 29, 2017 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Now, here it is: My 40 Year Investment Plan. I would appreciate any advice!
Replies: 29
Views: 2893

Re: Now, here it is: My 40 Year Investment Plan. I would appreciate any advice!

Sidebar. ... As a backup plan, I've also opened a Public Service account with some small change. The tellers can transfer funds to and from both accounts with no issues. The poster just above mine has several good links for searching CUs and their partnership member locations. Type in your location ...
by dratkinson
Fri Dec 29, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Now, here it is: My 40 Year Investment Plan. I would appreciate any advice!
Replies: 29
Views: 2893

Re: Now, here it is: My 40 Year Investment Plan. I would appreciate any advice!

+1 Credit unions can share locations, banks do not. If you join a CU that is a member of the CU CO-OP network, you can access your account from all. See: https://co-opcreditunions.org/ Banks are insured by the FDIC. CUs are insured by NCUA. Different names, same goal. See: https://www.ncua.gov/ Disc...
by dratkinson
Wed Dec 27, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits
Replies: 15
Views: 1795

Re: Reverse tier savings?!

Update. Talked to an account specialist. It's not as simple as I'd hoped. --Original share accounts (00-xxxxx) are not used for this program. --It requires opening a new share account (02-xxxxx). --All money put into new share account (02-xxxxx) earns RTS rates. --Original share account (00-xxxxx) c...
by dratkinson
Wed Dec 27, 2017 6:35 pm
Forum: Investing - Theory, News & General
Topic: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits
Replies: 15
Views: 1795

Re: Reverse tier savings?!

^^^ Sorry, I wasn't clear. PSCU is my B&M financial home. I keep a month of living expenses (<$2K) in savings... just because. --Today my <$2K is earning 0.10%. --The teller said she could convert the account ("no extra effort on my part"). --I move in new money ( through actually, which I do every ...
by dratkinson
Wed Dec 27, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits
Replies: 15
Views: 1795

Public Service Credit Union (PSCU) of Colorado is trying Reverse Tier Savings to attract new deposits

My local CU is trying a reverse-tier, no-fee, no-minimum-balance, withdraw-the-money-at-any-time savings account idea to attract new deposits. The rate structure is: --$0-2K: 3.25% APY --$2-5K: 1.5% APY --$5-10K: 0.75% APY --$10-50K: 0.4% APY -->$50K: 0.3% APY vs. their current personal share (savin...
by dratkinson
Wed Dec 27, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2306

Re: Creating a Mid-Tier Emergency Fund

BH Creating a Mid-Tier Emergency Fund Thanks for the detailed reply. I'm interested in how to set up the 2nd and 3rd wall? I think I'm good for the 12-18 month window with Checking, some Savings (not 50k+), and the 150k HELOC 400k CC. Are i-Bonds not considered appropriate these days? The 11 month C...
by dratkinson
Wed Dec 27, 2017 2:22 am
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2306

Re: Creating a Mid-Tier Emergency Fund

Simplicity. It took a while to get here, but I've come to believe these steps keep my financial life simple: --don't chase bank/CU teaser rate, --keep 2mos of living expense in checking, --create a multi-tiered EF-structure in taxable, --set up ABP CC payments with my trusted creditors. Multi-tiered...
by dratkinson
Wed Dec 27, 2017 1:13 am
Forum: Investing - Help with Personal Investments
Topic: Looking to take out Roth IRA money for house down payment.
Replies: 66
Views: 4500

Re: Looking to take out Roth IRA money for house down payment.

With $18K in a Roth IRA, I assume your age is ~25. The only person who can truly answer this question is your retired self. Retired self (age 65). Yes, I took $18K out of my rIRA as a home down payment. If I hadn't done that, it would have grown to ~$270K (financial calculator variables: n=40, i=7%,...
by dratkinson
Sun Dec 24, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: Anyone can give advice to a young investor... Bad decisions with retirement fund
Replies: 24
Views: 2604

Re: Anyone can give advice to a young investor... Bad decisions with retirement fund

BH Anyone can give advice to a young investor... Bad decisions with retirement fund Your mistake does not rise to the level of being "bad". To quantify. You have $2K invested in TDR (target date retirement) funds in taxable. Their bond allocation may be ~10% (I didn't look it up). Meaning about $200...
by dratkinson
Sat Dec 23, 2017 4:38 pm
Forum: Investing - Theory, News & General
Topic: "The Bond Experiment: Return to VBTLX (Vanguard Total Bond Market)"
Replies: 34
Views: 5233

Re: "The Bond Experiment: Return to VBTLX (Vanguard Total Bond Market)"

Both funds were recommended to us by Vanguard. I can see arguments either way on this. Who knows :confused We went with both funds for a bit of diversification in fixed income. Doesn't Mr. Bogle recommend both? Sidebar. This made me smile when it triggered the memory of a long-forgotten poster who ...
by dratkinson
Sat Dec 23, 2017 2:45 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard tax-exempt bond funds -- Are they worth it?
Replies: 16
Views: 2424

Re: Vanguard tax-exempt bond funds -- Are they worth it?

... What is AMT? See: http://www.google.com/search?q=AMT+alternative+minimum+tax The AMT use to start in the upper 25% fed tax bracket and imposed a 28% tax on some income sources. HY muni bonds have an allocation to those sources, meaning part of the muni dividends were taxed at 28%, not 0%. Don't...
by dratkinson
Fri Dec 22, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Selling uncovered mutual fund shares by Specific ID
Replies: 15
Views: 801

Re: Selling uncovered mutual fund shares by Specific ID

I recall doing it both ways. --2008, Vanguard acknowledged by letter the specID shares sold (phone transaction). --2016, Vanguard refused to acknowledge by letter the specID shares sold (phone transaction). My 2016 tax return cost basis was slightly different from Vanguard's (Investor shares had bee...
by dratkinson
Fri Dec 22, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard tax-exempt bond funds -- Are they worth it?
Replies: 16
Views: 2424

Re: Vanguard tax-exempt bond funds -- Are they worth it?

The forum considers the 3-fund portfolio's standard bond fund to be TBM (VBMFX). So I compare all bond choices against it. Learn to compute the muni candidate's TEY (taxable-equivalent yield) and to compare it against the taxable FI (fixed income) alternatives: CD APY, taxable bond SEC Yield. Nation...
by dratkinson
Fri Dec 22, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone here purchased a home for cash (no mortgages)?
Replies: 39
Views: 3862

Re: Has anyone here purchased a home for cash (no mortgages)?

Yes, after retirement; rented before. Happened across a PBS segment in which Suze Orman explained the advantage of doing so. After understanding her point, could not imagine turning my small savings/pension into interest payments for a bank. (This was before finding the BHs so had no better use for ...
by dratkinson
Fri Dec 22, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Please Delete
Replies: 4
Views: 897

Re: Looking for Advice

Don't know how the new tax law changes this, but you use to, if you had a HDHP (high deductible health plan), be able to contribute to a HSA (health savings account). Recall forum members referring to a HSA as a "stealth IRA", because it worked like a tIRA (traditional IRA) if you took money out of ...
by dratkinson
Wed Dec 20, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping Emergency Fund in CD
Replies: 5
Views: 672

Re: Keeping Emergency Fund in CD

BH Keeping Emergency Fund in CD Many try to keep 6-12 months liquid (checking, savings, mmkt) to avoid breaking a CD (issue: early withdrawal penalty), or selling taxable investments (issues: STCGs, CGs reporting, replacement shares/wash sale, advancing into next tax bracket,...). See Wiki topics. E...
by dratkinson
Sat Dec 16, 2017 12:08 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 23621

Re: 2nd million is easier!

"The 2nd million is easier!" I heard this a long time ago.

To make it actionable, I stopped working on my first million... and started on the second. :)
by dratkinson
Sat Dec 16, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: IRA for SAHM whose husband exceeds income limits?
Replies: 6
Views: 815

Re: IRA for SAHM whose husband exceeds income limits?

BH IRA for SAHM whose husband exceeds income limits Backdoor Roth IRA. When income is too high, and you want to continue investing in a rIRA (Roth IRA), then investigate the "backdoor Roth IRA" concept. See: https://www.bogleheads.org/wiki/Backdoor_Roth_IRA Note: Owning any tIRA (traditional IRA) ca...
by dratkinson
Wed Dec 13, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Tom's First Post needing portfolio help
Replies: 12
Views: 1339

Re: Tom's First Post needing portfolio help

BH Tom’s First Post needing portfolio help ... Question 1: I know retirement is a long time away, but how can I try to know what a target amount of money should be for retirement? Asked another way, am I currently on pace to retire in my mid 60s or do I need to save more/live on less? Question 2: I ...
by dratkinson
Tue Dec 12, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: Kerosene Heater (for power-out emergencies)
Replies: 33
Views: 1822

Re: Kerosene Heater (for power-out emergencies)

Here are responses to some of the comments above - Rather than using a risky and potentially dangerous kerosene heater, why not install a backup generator to provide electricity to the furnace? I'm assuming since power outages are thing that you've got a propane or natural gas furnace We have oil. ...
by dratkinson
Tue Dec 12, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Kerosene Heater (for power-out emergencies)
Replies: 33
Views: 1822

Re: Kerosene Heater (for power-out emergencies)

Could research adding a direct-vent wall heater to the other room. See: http://www.google.com/search?q=direct+vent+wall+heater Ensure it can operate during a power outage. The ones using a standing pilot light + thermopile + millivolt thermostat should be able to. (This is the way a standing pilot l...
by dratkinson
Sat Dec 09, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Whole House Surge Protector still works with breaker off?
Replies: 38
Views: 2749

Re: Whole House Surge Protector still works with breaker off?

How did they leave it finished under your panel?
--In a small, neat hole in the wall?
--In a small, neat hole in the wall, dressed up by a flush mount panel? If so did they use the Eaton part, or did they make one on-site?
by dratkinson
Thu Dec 07, 2017 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help with automating all month-to-month bills
Replies: 10
Views: 1038

Re: Help with automating all month-to-month bills

I prefer paper statements for visibility and ease of management, and as a paper trail for our dependents and heirs. I set up ABP (automatic bill payment) plans with each trustworthy creditor. ABP pays by ACH pull. --Some creditors accept ABP payment by CC, so use a 2% Citi card. --All CCs set up on ...
by dratkinson
Tue Dec 05, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Making Best Use of Being in 15% Income Tax Bracket This Year
Replies: 22
Views: 3060

Re: Making Best Use of Being in 15% Income Tax Bracket This Year

--May owe state tax on capital gain harvest.
--Roth conversion taxed as ordinary income.

Greatest long-term benefit would seem to come from Roth conversion.
by dratkinson
Tue Dec 05, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Fisher Investments
Replies: 14
Views: 2018

Re: Fisher Investments

TravelGeek wrote:
Mon Dec 04, 2017 9:02 pm
euroswiss wrote:
Mon Dec 04, 2017 8:00 pm

agreed - someone has to pay for all those glossy brochures.....
Right, I must have gotten at least $10 worth of marketing material in the mail over the years. Unsolicited.
Finest brochures I've every shredded. They eventually stop.
by dratkinson
Sat Dec 02, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: US Tax Law Question- Safe Harbor for Estimated Quarterly Payments
Replies: 9
Views: 997

Re: US Tax Law Question- Safe Harbor for Estimated Quarterly Payments

I think if you pay any extra owed with form 4868 (Automatic Extension of Time to File), then you are okay. Which means you could do an early draft of your tax return(s), compute the amount owed and send it in with form 4868, and watch it get deducted from your checking account. Then file your federa...
by dratkinson
Sat Dec 02, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: Funds creeping into non tax efficient accounts
Replies: 6
Views: 732

Re: Funds creeping into non tax efficient accounts

The short answer. You could use a Fidelity target date retirement funds in your tax-advantaged accounts. They will manage/rebalance themselves. And Fidelity's TSM and TBM (if in a low tax bracket), or a municipal bond fund (if in a higher tax bracket), in taxable. The long answer. We'd need to know ...