Search found 1029 matches

by ray.james
Tue Nov 13, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: 2018 Tax Time is upon us
Replies: 11
Views: 1106

Re: 2018 Tax Time is upon us

I am happy, I will be taking a standard deduction. Every single year I get exactly 13-14K deductible items(do not own a house, CA) and it is just more work for itemizing and adjusting next year returns.

Albeit, I added to the complexity by acquiring a rental. :?
by ray.james
Mon Nov 12, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: ICE, hybrid, Phev, electric for short trips
Replies: 37
Views: 2614

Re: ICE, hybrid, Phev, electric for short trips

Update Just updating on old thread. We are almost set on a clarity Phev base version. We have few quotes and plan to purchase around thanksgiving. A few things happened over last year. 1) more short trips due to kids daycare and other activities. 2) more friends, farmers market opened in 3 mile radi...
by ray.james
Thu Nov 08, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: New Treadmill - Proposition 65 Warning Label
Replies: 22
Views: 2011

Re: New Treadmill - Proposition 65 Warning Label

A long time ago, prop 65 was useful in regards to lead paint, some kinds of resins for storage, older building materials used in insulation. These days it is a Joke. This is what happens when a decent enough legislation does not draw the line and there by becomes useless. The bigger problem is peopl...
by ray.james
Wed Nov 07, 2018 8:11 pm
Forum: Forum Issues and Administration
Topic: Remembering context of the post read so far
Replies: 5
Views: 556

Re: Remembering context of the post read so far

When you go to the Your Posts link, do you see a round icon to the left of the thread title, that is sometimes red? If you click that icon it should take you to the first unread post in that thread. Excellent that works! So the read icon always has the "unread" built into the link. I always thought...
by ray.james
Wed Nov 07, 2018 6:54 pm
Forum: Forum Issues and Administration
Topic: Remembering context of the post read so far
Replies: 5
Views: 556

Re: Remembering context of the post read so far

Ah! i see, makes sense; I just checked.

Is the limited functionality coming from phpbb or the feature disabled for this forum? Would be interesting to know from administrators. Thank you.
by ray.james
Wed Nov 07, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 41
Views: 4676

Re: How high can House prices go

Also there are many countries where 40 year mortgages are also a good share of total mortgages. There are several ways the financial industry will cope with it to continue lending in their own interest.

We are not in a bubble though.
by ray.james
Wed Nov 07, 2018 3:30 pm
Forum: Forum Issues and Administration
Topic: Remembering context of the post read so far
Replies: 5
Views: 556

Remembering context of the post read so far

I am seeing something surprising with the forum software that I am unsure if it is a limited feature or a bug. The software seems to remember the last post I read and when I click on the thread next time - it takes me to the next immediate post that was "unread". However when I use the quick links t...
by ray.james
Wed Nov 07, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 10926

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

It’s more advantageous to live where you can save more absolute dollars as long as the incremental spend is solely due to living in the HCOL area and you are willing to leave that HCOL area. If your expenses are $100k a year in HCOL and you’re able to save $50k a year that is better than living in ...
by ray.james
Thu Nov 01, 2018 2:14 am
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 10926

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

As a side note, people are taxed marginally which is not cost adjusted. Some countries have different rental/house deduction based on their address - rural/urban. The reason I mention this, it is much easy to max 401k on 150k salary in Manhattan vs 75K salary in LCOL areas. For a working couple all ...
by ray.james
Wed Oct 31, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Just starting out at 39 yrs old.
Replies: 37
Views: 5291

Re: Just starting out at 39 yrs old.

As other echo'ed start on a path to saving and slowly educate yourself. When couple team up, it is probably the most efficient economic engine :happy You may target some goals like below and work towards them as you educate on investing path over next few years. In my view, Before your investing, th...
by ray.james
Sat Oct 27, 2018 2:49 am
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 72
Views: 10094

Re: Starting to smell like buying season?

You'll own a mutual fund that has them in it but pretend not to know the symbols? LOL sometimes I really think the Boglehead mentality is a cult. Yes, of course. I invest in index funds and don't care about individual stock ticker symbols. Besides their are like 4k stocks + tickers in an index. Wha...
by ray.james
Tue Oct 23, 2018 10:17 pm
Forum: Personal Consumer Issues
Topic: 2019 Chrysler Pacifica Hybrid
Replies: 30
Views: 2509

Re: 2019 Chrysler Pacifica Hybrid

No have not noticed that issue but I don’t think we’ve ever driven under 35 degrees. We’re in California- it gets to freezing overnight but by the time we are up it’s warmer. If anything I’d say I’m getting better mileage on electric in the last month since it’s cooler so not running a/c. You also ...
by ray.james
Tue Oct 23, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Hedging tomorrow's tax rates
Replies: 32
Views: 2634

Re: Hedging tomorrow's tax rates

On an inflation-adjusted basis, this is unlikely unless you were a 'super saver' with tax-deferred accounts. Yes, the percentage of the your tax-deferred assets that must be withdrawn increases over time, but since this cuts into the growth of your account and inflation reduces the value of those w...
by ray.james
Mon Oct 22, 2018 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: 2019 Expenses > 2019 Income – Help us close the gap
Replies: 101
Views: 5085

Re: 2019 Expenses > 2019 Income – Help us close the gap

Ron, here are some thoughts * Heloc * 0% 1-1.5 year credit card * Personal Loan * Roth * 401k Loan * cash-out refinance * reduce 401k this year and save cash for next year * If you company has, vacation pay cash-out options, you can do it this year and use that in 2019 I personally would do 401k loa...
by ray.james
Mon Oct 22, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Hedging tomorrow's tax rates
Replies: 32
Views: 2634

Re: Hedging tomorrow's tax rates

I have thought about it a few times over the years. There are indeed cut off points of wealth, where this can happen. A very simplified analysis in my view: Assumptions 1) Social security at FRA 2) probable retirement at 55-60 3) State tax rate at 5%(I live in Ca and used 9.) Most states have state ...
by ray.james
Mon Oct 22, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: 2019 Chrysler Pacifica Hybrid
Replies: 30
Views: 2509

Re: 2019 Chrysler Pacifica Hybrid

Make sure you understand the difference between a hybrid and a plug-in electric/hybrid vehicle. A hybrid will have a smaller battery to assist the engine. There is no plug-in. The battery is charged by braking and the engine when running. A plug-in has two sets of batteries. The smaller hybrid assi...
by ray.james
Mon Oct 22, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: 2019 Chrysler Pacifica Hybrid
Replies: 30
Views: 2509

Re: 2019 Chrysler Pacifica Hybrid

I am also interested in this thread. I have an office acquaintance who has it here in California. He has nothing but good things about it. He did have to take it a few times for maintenance/recalls but things seems to have ironed out after that. The pacifica forums does mentioned a bunch of major qu...
by ray.james
Thu Oct 11, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 111
Views: 8375

Re: What did you buy today

Friday is automatic 401k contribution.
by ray.james
Thu Oct 11, 2018 4:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604443

Re: U.S. stocks in freefall

A few thoughts on how I handle emotions during these times if it helps others. In 2015 I did have mild jitters when I saw 1K+ losses all my accounts combined. So I formulated new strategy. Quarterly, when I update the spread sheet, I also note panic points which are 40-50% of account balances of sto...
by ray.james
Thu Oct 11, 2018 4:21 am
Forum: Investing - Help with Personal Investments
Topic: Need money in settlement account to buy a non-VG ETF?
Replies: 16
Views: 1039

Re: Need money in settlement account to buy a non-VG ETF?

Does a similar process work for funds exchange as well? Eg: I can exchange vanguard to vanguard mutual fund. But, can I trade a Vanguard mutual fund to a third part ETF, using this 2 step process? Does the starting position being a mutual fund/ETF impact this? Thanks. ps: I too did not know about t...
by ray.james
Wed Oct 10, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Need money in settlement account to buy a non-VG ETF?
Replies: 16
Views: 1039

Re: Need money in settlement account to buy a non-VG ETF?

I have not tried to buy a non-VG ETF. But for a VG ETF, you should be able to: 1. place an order to transfer cash from your bank account -> Settlement 2. immediately afterwards, your settlement account will be credited and the funds will be "available to trade" (even though the cash will not be ext...
by ray.james
Wed Oct 10, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2018 VIDEOS
Replies: 22
Views: 3602

Re: BOGLEHEADS 2018 VIDEOS

I enjoyed the fireside chat and the presentation and several other reports posted so far. It is pleasure to listen to Mr. Bogle. Thanks for saving the video for the rest of us.
by ray.james
Tue Oct 09, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3406
Views: 1014195

Re: What Book Are You Currently Reading? Part VI

The Great Depression: a Diary by Benjamin Roth This is am amazing book and highly recommended by many on this forum. I had a few moments of fondly remembering myself during 2008 recession. I went on a quest to learn about economics and history during the recession and some of the authors feelings re...
by ray.james
Thu Oct 04, 2018 12:23 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13752

Re: Correlation between the FIRE movement and one of the greatest bull markets

I think the 2008 recession is also a factor. Millennials saw how quickly people can lose their jobs and have their career derailed. I hope to have the option of working until I'm ready to quit, but I'm aware that it might not be up to me. ^this for me. I am on my path to FI. I would probably not re...
by ray.james
Tue Oct 02, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 5670

Re: Root of Good's cost of raising a child: $3,300 per year

While I am not surprised with some backlash on usage of benefits, medicaid, cost of childcare...I am very surprised with how vocal some members are considering kids are not happy. Growing up in limited means, I often had to choose the least expensive activity like community YMCA classes and limited ...
by ray.james
Mon Oct 01, 2018 3:45 pm
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10796

Re: SEC charges Musk with Fraud!!!

80,000 cars manufactured in current quarter. They are struggling to deliver them. Whatever one thinks of Tesla that is an impressive number. I know a few who are still waiting to get an email. For reference, Mercedes sells 90K in a quarter. BMW 70-75 and Audi 50K. I hope, Elon will keep this behind...
by ray.james
Mon Oct 01, 2018 1:48 pm
Forum: Investing - Theory, News & General
Topic: SEC charges Musk with Fraud!
Replies: 117
Views: 10796

Re: SEC charges Musk with Fraud!!!

80,000 cars manufactured in current quarter. They are struggling to deliver them. Whatever one thinks of Tesla that is an impressive number. I know a few who are still waiting to get an email. For reference, Mercedes sells 90K in a quarter. BMW 70-75 and Audi 50K. I hope, Elon will keep this behind ...
by ray.james
Wed Sep 19, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Dad Died - Handling Mom's Finances
Replies: 17
Views: 2404

Re: Dad Died - Handling Mom's Finances

OP wrote: "My mom is in the process of transferring the IRA into her name" I did not see any place that indicated if your mother was over or under age 59-1/2. If she is less than 59-1/2 she may want to keep some of the IRA as an inherited IRA . She must take penalty free distributions from the inhe...
by ray.james
Wed Sep 12, 2018 11:14 pm
Forum: Investing - Theory, News & General
Topic: Short Term Market Uncertainty - "Buy" Insurance?
Replies: 33
Views: 2117

Re: Short Term Market Uncertainty - "Buy" Insurance?

I reduced my bond duration from intermediate to short. Deployed some Taxable stock and cash into real estate purchases for a great cash on cash return. Apart from that cautious and holding. Over last 2 years I increased my bonds to 25 from 15%(mainly to do with my AA and age). I am comfortable to ri...
by ray.james
Fri Sep 07, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 10241

Re: Max you should invest in a 529?

I have thought a lot about it and gave up! I have decided to do this - 1) save 30K in the first 3 years of child life in a 529. Let it grow to 18. In 15 years this would be 85K.(this is 50% of expected 4 year) 2) Utilize megabackdoor roth as much as possible and as much as income/job allows 3) cash ...
by ray.james
Thu Sep 06, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 7152

Re: Daily Driver (Car) Over 100K Miles?

GAAP wrote:
Thu Sep 06, 2018 4:39 pm
Just changed after 375,000 miles and 24 years. My wife changed last year after about 350,000 miles and 18 years -- but we gave that old vehicle to my daughter.
That is crazy reliability! Can you share what models are these.
by ray.james
Thu Sep 06, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of car ownership: 6.5 years of data in the SF bay area
Replies: 44
Views: 5188

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 ray.james
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: 5188

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. Maintenance costs are up with higher miles driven. Bo...
by ray.james
Thu Aug 30, 2018 12:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 58081

Re: Post your Financial Milestone Announcements Here

Hello Bogleheads! It has been a long road to get to this day but yesterday I officially hit the 2 comma club! I have not shared the news with anyone but wanted to share a bit of my story here. I also wanted to say a massive Thank You to everyone on this thread as I have gained so much knowledge and...
by ray.james
Wed Aug 29, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3400

Re: Just put $100K into TUR. Analysis inside

In the past I have kept 3% in etf like Russia, Brazil when they hit multi year lows with under 10 P/E and have been rewarded well. At this juncture; China, Singapore and Poland are far better bets than Turkey considering all risks. Why? When the US and China go to war, just as we did with Japan, yo...
by ray.james
Wed Aug 29, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3400

Re: Just put $100K into TUR. Analysis inside

In the past I have kept 3% in etf like Russia, Brazil when they hit multi year lows with under 10 P/E and have been rewarded well. At this juncture; China, Singapore and Poland are far better bets than Turkey considering all risks.
by ray.james
Wed Aug 29, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 10480

Re: How do you save money on groceries?

Interestingly, some things a Costco aren't cheaper than my grocery store. I did price comparisons by weight and volume of items I commonly buy. Some things are cheaper, but a lot is the same price or, in some cases, actually a little more expensive. What items did you find expensive at costco? I fi...
by ray.james
Wed Aug 29, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9507

Re: 2-Year Treasury Note Auction

This was different some months ago, as I was buying AA/AAA munis out to 3-year maturity, and getting higher TEYs than Treasuries of same maturities. Things have changed since then, and I'm glad, because buying Treasuries is MUCH easier and safer, as there is no need to diversify or do due diligence...
by ray.james
Tue Aug 28, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Mega Downsize....
Replies: 91
Views: 8587

Re: Mega Downsize....

The biggest thing is making up mind on what to - let go. Once your mind is firm you will find a way from craiglist, friends, selling, garage sale etc., etc., A few rules of thumb I used- 1) Everyday/commonly used item - did I use in the last 6 months - else goes 2) clothes - did I use in the last ye...
by ray.james
Tue Aug 28, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9507

Re: 2-Year Treasury Note Auction

What did I miss? You should multiply the limited-term yield by (1-0.093)/(1-0.24-0.093) to get its TEY (if you won't itemize federally or are SALT-capped...and are not subject to the 3.8% Net Investment Income surTax (NIIT), which you didn't mention). Sorry, you are correct. I calculated correctly ...
by ray.james
Tue Aug 28, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: 2-Year Treasury Note Auction
Replies: 102
Views: 9507

Re: 2-Year Treasury Note Auction

Some quotes for 912828WC0 as of 8/28/18 11am ET. Wow great info, I never bought on second market. I might do that now. Is there any reason to buy limited term tax exempt muni fund at all with 2 year as good as that! Am I missing anything int he below math? fed rate - 24% california rate 9.3% Limite...
by ray.james
Thu Aug 23, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate in SF bay area
Replies: 26
Views: 2163

Re: Real estate in SF bay area

Has she owned it long enough to have a low Prop 13 tax assessment? You can look up the tax info here. http://www.sanmateocountytaxcollector.org/SMCWPS/pages/secureSearch.jsp If so, and if it the transfer can be arranged to preserve it, there would be an advantage to this property vs another. IIRC i...
by ray.james
Mon Aug 20, 2018 2:26 pm
Forum: Investing - Theory, News & General
Topic: SEPP 401k is treated as private pension by IRS?
Replies: 0
Views: 189

SEPP 401k is treated as private pension by IRS?

Over the weekend, while answering some questions on reddit I came across this interesting titbit. The USA in several Double Taxation avoidance agreements(DTAA) with several countries seems to treat private pensions that have regular periodic payments as taxable only in resident country . This langua...
by ray.james
Fri Aug 10, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 245
Views: 23868

Re: Vanguard to offer non-Vanguard ETFs commission-free

The golden age for investors is here.
by ray.james
Wed Aug 01, 2018 1:37 am
Forum: Investing - Help with Personal Investments
Topic: Self-Directed IRA regulations
Replies: 4
Views: 408

Re: A few more points to ponder

[/list] I don't know for sure, but here's something else that comes to mind for further research: It occurs to me that in a tax deferred IRA you might also run into problems with RMDs (Required Minimum Distributions) after age 70½. (Although as I understand it, there may be a way to sell off partia...
by ray.james
Wed Aug 01, 2018 1:30 am
Forum: Investing - Help with Personal Investments
Topic: Self-Directed IRA regulations
Replies: 4
Views: 408

Re: Self-Directed IRA regulations

I am looking for guidance if this would constitute self-dealing and thereby run into issues with IRS. The case in question pertains to a friend who have been in this country for 10+ years and along with spouse have size-able 401K/IRA money that is available to roll over. However he had low savings ...
by ray.james
Tue Jul 31, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Self-Directed IRA regulations
Replies: 4
Views: 408

Self-Directed IRA regulations

I am looking for guidance if this would constitute self-dealing and thereby run into issues with IRS. The case in question pertains to a friend who have been in this country for 10+ years and along with spouse have size-able 401K/IRA money that is available to roll over. However he had low savings o...
by ray.james
Mon Jul 30, 2018 5:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Paper on Roth Conversion Analysis
Replies: 123
Views: 9756

Re: Vanguard Paper on Roth Conversion Analysis

That is quite an interesting read. Like a few on this thread, I use the margin 12% brackets to simplify things. I have calculated my social security benefits for couple will be ~45000 in today dollars. Now, the maximum of 12% bracket will be 77000 + 24000 std deduction. 101K - 45K = 56K. at 4% withd...
by ray.james
Wed Jul 25, 2018 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Help with Budget Please...(detailed income added)
Replies: 28
Views: 2357

Re: Help with Budget Please...

Few items that I can think of: Essentials & fixed costs House + utilities+ Pool+ maintenance 3,350 --- Unless you think too much house, you cannot change this Childcare 800 Cars - 1100 -- Too high...why is it so high?, gas insurance seem exceptionally high. Variable: Food+ restaurant+ lunch = 775 - ...