Search found 1001 matches

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: 1993

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: 9725

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: 6813

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: 5015

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: 5015

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: 503
Views: 53222

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: 3206

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: 3206

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: 155
Views: 9584

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: 84
Views: 7034

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: 8292

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: 84
Views: 7034

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: 84
Views: 7034

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: 2082

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: 166

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: 238
Views: 22378

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: 369

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: 369

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: 369

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: 9445

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: 2256

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 - ...
by ray.james
Fri Jul 20, 2018 1:17 am
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 16981

Re: Direct Real Estate Returns

This thread is truly interesting. I had second thoughts on real estate investing but I should say it is really one of the greatest wealth generator. But this is an very enlightening thread. Thanks wanderingDoc for some numbers. I do not think, I can find properties like that; but I can see several w...
by ray.james
Thu Jul 19, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring $2M out of Vietnam to the US
Replies: 16
Views: 1782

Re: Transferring $2M out of Vietnam to the US

Most countries have a process have a way to ask their central bank for special permission to repatriate as the person is not a citizen. Normal banks would not do it. Some countries have nationalized banks in which their central bank is just a committee. This is the first, best , a bit bureaucratic b...
by ray.james
Tue Jul 17, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1667

Re: Math help: 401k vs debt payoff formula

Thank you all for the responses. Based on the math from grabiner, jimb_fromATL ,danielC I was able to understand calculate the return correctly. I also do realize a stock return cannot be used for equivalent yield measure but one might do so in their own personal circumstances like debt payoff finis...
by ray.james
Tue Jul 17, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7360

Re: Anyone not have a Budget?

I do have a budget, but my reasons are different. 1) I have an over all spending number in mind. I try to see if any fixed fixed costs can be reduced like bills for internet, phone, classes, chopping etc., 2)It is also to understand where my money goes. A clear idea of lifestyle inflation and flexib...
by ray.james
Sat Jul 14, 2018 10:08 pm
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1667

Re: Math help: 401k vs debt payoff formula

delamer wrote:
Sat Jul 14, 2018 6:29 pm
Are you trying to decide whether to use a current dollar to 1) payoff debt with post-tax dollars or 2) invest in your pre-tax 401(k) or 3) invest in munis with post-tax dollars?
Yes. Thank you for putting it much easier.

I know 401k comes ahead probably but I want to know - by how much.
by ray.james
Sat Jul 14, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: Math help: 401k vs debt payoff formula
Replies: 17
Views: 1667

Math help: 401k vs debt payoff formula

I often run into threads, where I was unable to qualitatively put the yield on debt payoff vs 401k saving. The below math is what I struggle to understand which might help explain my point to new members well. Lets take an example: 1) Debt is at 6%. so the yield in this case is 6% 2) For 401k at 35%...
by ray.james
Fri Jul 13, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17373

Re: COMING SOON: BOGLEHEADS PODCASTS

VictoriaF wrote:
Fri Jul 13, 2018 1:51 pm
"BLISS: Bogleheads Like It Simple"
I like this one!.
May be we will get to do a poll after long time...Mel? ::]
by ray.james
Thu Jul 12, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 17373

Re: COMING SOON: BOGLEHEADS PODCASTS

I think the name should reflect something to invite new members and thereby avoid complex book references. If I remember my earlier days, I browsed bogleheads 3-4 times for tax question before it piqued my interest. At the time, I have no idea who Bogle was, or indexing for that matter. It might hav...
by ray.james
Wed Jul 11, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 6230

Re: Any Dry Powder Strategies?

WhiteMaxima wrote:
Wed Jul 11, 2018 4:07 pm
Just invest in vanguard balanced admiral fund (30/30/40) for life and forget about gun power.
You might be thinking about lifestratergy funds.
by ray.james
Wed Jul 11, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 6230

Re: Any Dry Powder Strategies?

In my view dry powder is achieved in 2 ways. 1) Maintains 10-20/set percentage to cash and deploy them when a very good opportunity appears.(now build cash until it reaches level needed) 2) Take more risk in reasonable short time. eg: sell bonds to buy total stock. Sell total stock to buy a emerging...
by ray.james
Mon Jul 02, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to offer non-Vanguard ETFs commission-free
Replies: 238
Views: 22378

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

This is excellent news. IJS and FNDE are of interest to me.
Great job Mr. Buckley.
by ray.james
Wed Jun 27, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Saving For House Downpayment
Replies: 10
Views: 705

Re: Advice on Saving For House Downpayment

Vanguard short /limited term tax exempt fund are probably better deal as you are in 24% tax bracket.they do come with risk of 5% swing in worse case scenario but it is 1.9% federal tax tree.
by ray.james
Tue Jun 26, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Geopolitical events [Impact of recent trade policy decisions on the market]
Replies: 22
Views: 2351

Re: Geopolitical events

[Post removed by admin LadyGeek] Investors inevitably have to balance risk and reward. But in the modern world, the era of globalization has not only brought greater interdependence, in both the world economy and national security, but it has also made it increasingly difficult to dis-aggregate ris...
by ray.james
Tue Jun 26, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Inflation Rate, isn't it personal?
Replies: 49
Views: 3832

Re: Inflation, isn't it personal?

The question is also how much different it will be . If the composition changes only slightly from the original percentages it is all not much. Yes it is different but not much. https://www.advisorperspectives.com/images/content_image/data/00/00d4029bf65b108fd54c5fd75562e9d4.png For us, the big diff...
by ray.james
Fri Jun 22, 2018 1:37 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Mel Lindauer
Replies: 22
Views: 1560

Re: Happy Birthday Mel

Have Birthday day, Mel.
by ray.james
Fri Jun 22, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 21853

Re: Did you celebrate when you finally hit $1m?

It's not that much money when you consider that it would buy you only about a $3400/month inflation-adjusted pension which is on the low side of pensions for many who have them in workplaces where this is standard. Even coupled with, say, $2000/month social security, you would be living hand-to-mou...
by ray.james
Tue Jun 19, 2018 6:04 pm
Forum: Investing - Theory, News & General
Topic: General Electric booted from Dow Jones Industrial Average
Replies: 52
Views: 6504

Re: General Electric booted from Dow Jones Industrial Average

Rick Ferri wrote:
Tue Jun 19, 2018 5:24 pm
Who cares? The DJIA should have been retired a long time ago.
:happy
Today's cnbc headline- DOW turns negative for the year... quite relevant for news media. :P :P
by ray.james
Fri Jun 15, 2018 4:39 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 4109

Re: I am STUNNED over how much help my friends recieved with house purchase!

Funny, sounds like you are envious and/ or jealous, but... that is okay. There is nothing wrong with wanting what someone else has that is human nature. The issue comes with denying your true feelings as it just eats you up (which is bad). I am sure you would LOVE to have someone write you a check ...
by ray.james
Fri Jun 15, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 73
Views: 6541

Re: Where to invest $50K+ down payment money for five years?

Hello I am not sure where you are. We are in CA and our down payment goal is higher than yours. We chose "limited term tax exempt fund" as our down payment. If you are in high tax rate, 50% ca/national intermediate term 50% limited term tax exempt is not bad. If you want a little risk - 25% stocks a...
by ray.james
Thu Jun 14, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 9253

Re: [Looking for ways to reduce taxes and keep more of my income]

Yeah, the Nerdwallet calculator is trimming $8,100 from the taxable income. OP is also paying a Medicare surcharge of 0.9% for income above $250,000. Comes out to something like $1,500. I never even knew this! So for couple this is 0.9% on 250K which is the social security wage base ?(includes 401k...
by ray.james
Wed Jun 13, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 95
Views: 10228

Re: At what point to buy new car for safety

ThankYouJack wrote:
Tue Jun 12, 2018 7:47 pm

Subaru Outback with the eyesight package
Thanks. I am glad Consumer Reports started the technology survey. I think it will help when there is a jump in technology. most of the tech are now switching to second gen which I think is a good leap on false positives.
by ray.james
Wed Jun 13, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7430

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

I am a millennial who crossed 30. As other have echoed debt and child care costs are the key. Many friends stopped with 1 kid and some probably not gonna have even that. To simplify, the problem is given a "budget/pay" its a musical chairs between 1) debt from student loans 2)home buying 3)raising k...
by ray.james
Tue Jun 12, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5907

Re: Strategy for a prolonged bear market

In an extended bear, an 'age in bonds' type AA glide path will reduce the amount by which one sells bonds to 'catch a falling knife'. To explain a bit more: I take math and rebalancing (annually or per bands) as a given. AA and Risk Tolerance are open to more debate. Rebalancing an 80/20 portfolio ...
by ray.james
Tue Jun 12, 2018 1:35 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 95
Views: 10228

Re: At what point to buy new car for safety

My old car has ESC so not much gain there. I haven't heard of active headrests. My newer car has auto-braking which I love, especially using adaptive cruise control. Blind spot monitoring, especially backing up is nice too. May I ask what model is this? We are looking for family cars as well and to...
by ray.james
Tue Jun 12, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 9253

Re: Getting killed on taxes - any ideas?

This is the stack I see from other posts: ----- HSA DFSA -dependent fsa-childcare 2- 401ks 457 2- roth IRA 2 - Mega back door roth I-Bonds 529(on your name if kids are in future) ------- Ofcourse not everything is possible for everyone due to plan limits/job types/kids present, etc., The above entai...
by ray.james
Wed Jun 06, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: "Open Social Security" calculator: feature requests, bug reports, etc
Replies: 195
Views: 17661

Re: "Open Social Security" calculator: feature requests, bug reports, etc

One question I have which I am not sure whether it will impact or something a calculator can compute.
If one spouse is in poor health/expected to live shorter than other how does the optimal math change. I think for this to compute we need to give a possible life span.
by ray.james
Fri Jun 01, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Instant pot pressure cooker
Replies: 50
Views: 6783

Re: Instant pot pressure cooker

It is beyond me why you would cook veggies or a roast in it. Unless it is a pot roast or pork shoulder. A pork shoulder will take 1/3 the time as an oven (or less). Ribs will take 1/3 the time. I'm not going to cook zucchini and a chicken breast in it. It is a tool that needs to be used appropriate...
by ray.james
Fri Jun 01, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Instant pot pressure cooker
Replies: 50
Views: 6783

Re: Instant pot pressure cooker

We too are using it much more than intended. Partial cooking items: Beans, stews, steamer for potatoes, cauliflower and other root veggies. Full meal items: chili, lenthil soup/curries, Pasta dishes -marinara/alfredo(pesto did not taste well), jambalaya - a little moist but works well and easy; chic...