Bogleheads.org

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Just to clear up any confusion, there are absolutely situations in which taxes/penalties apply to distributions from a Roth account. This is explained in detail by the IRS here.

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Thank you for the feedback. Good to see that others agree I should leave the Roth alone. You can withdraw from a Roth without any reason. Prior contributions may be withdrawn at any time, but any amount above that (i.e., asset returns) may be subject to an additional tax/penalty. And pay off the stu...

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I use Ally and I've been very happy with them. I like receiving a higher interest rate and the reimbursement on ATM withdrawals. Some of my coworkers have switched over the years. They tell me the process of switching banks is a pain in the butt, but they're happy they did it. So, I would say go for...

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I'm in contract to purchase a condo. In the next couple weeks I need to provide about $125,000 in cash for the down payment. I have about 145,000 in taxable accounts (checking and brokerage). I also have about $100,000 in my Roth account. Since this is a first time home purchase, I understand this i...

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I generally look at the Vanguard Total World Stock ETF (VT) for the allocation. It tracks the FTSE Global All Cap Index. You can find the allocation for the most recent month's end here here . I'm sure there are other more precise or up-to-date ways to find this information, but I've found this appr...

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pennylane wrote: ↑
Sun Nov 04, 2018 7:31 am
So you basically wasted the agents time without her getting paid. That’s nice, do you work for free also?

Or, the agent wasted OP's time by showing houses OP wasn't interested in purchasing. If OP found the house on their own then I don't see any reason to pay the agent.

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Consider taking it as an annuity?

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Yes. You usually get a better-than-market deal on the annuity if you do it within the plan.

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As another poster already commented, these are likely all equivalent in terms of value. I think you should pick the option that makes the most sense for your situation. Probably options (1), (2), or (3). The level income options don't seem to do a very good job of leveling out your income if they ar...

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tax-wise, i don't believe there is any difference between an in-plan conversion versus a rollover to your personal Roth IRA. You have a bit more control in the Roth IRA but you may also have slightly higher expense ratios that way. I realize most expect that the expense ratios will be higher in the ...

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Do you have to take it as a lump sum now?

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i love my Garmin Fenix 3. Would absolutely buy another Garmin.

No experience with Fitbit.

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I agree with this. Triple leveraged funds are almost certainly a terrible idea. The leverage resets daily. That makes long-term losses almost a certainty -- it's just the way the math works out. You should never buy one of these for more than a day. Without advocating that investors use 3x leverage...

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Options and futures are useful IMO. Boglehead purists will never own either and that's fine too. I don't see any constructive use for a triple leveraged ETF for an individual investor. If you're just starting out, I would encourage you not to overthink it, because you don't have the knowledge base ...

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It's not a free market.

Imagine if passengers could sell their tickets back to the airlines or to other passengers.

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The current yield curve is not inverted.

Maybe I'm missing something?

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I'd pay for a health insurance policy and invest the rest in stocks/bonds.

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Thanks for a great thread! Wanted to follow up with a couple questions here. ... the firm will terminate it within 5-7 years after establishing the plan, thus giving the partners the ability to perform such a rollover (presumably for some, into a qualified account ... * Already max out all other ta...

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I haven't tried to remove any funds yet. I'm still able to log into the web interface with my PC though.

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I find the new key, the one that is integrated with the trading app, to be better than the prior solution.

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Does anyone have a recommended spreadsheet for Rent vs. Buy decisions that has been updated for tax reform? I'm looking for one that takes into account the cap on property tax deductions and the new limitation on interest deductions for loans larger than $750,000.

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Looks like they've liquidated it, no?

https://www.streetinsider.com/SEC+Filin ... 69750.html

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desafinado wrote: ↑
Mon Feb 05, 2018 8:46 pm

g$$ wrote: ↑
Mon Feb 05, 2018 8:45 pm
potentially stupid question here...

VIX was up more than 100% today. Doesn't it make sense XIV would go to zero?
XIV is based off VIX futures, not the spot VIX. So a large change in the spot VIX wouldn't necessarily drive it to zero.

Thanks

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potentially stupid question here... VIX was up more than 100% today. Doesn't it make sense XIV would go to zero? Nevermind. looks like this is linked to VIX futures, not the index itself. Apparently the futures on VIX didn't go up 100% today. Quite a bit less actually. But yeah, seems like somethin...

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potentially stupid question here...

VIX was up more than 100% today. Doesn't it make sense XIV would go to zero?

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Bone Conduction.

Several of the members in my running group use Aftershokz. I understand you can still hear ambient noise (since your ear isn't covered) and the sound quality is "good enough".

EDIT: Supposedly these are good for biking too.

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I think you underestimate the portion of the market that is held by large institutional pension investors.

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A different approach to asset allocation

Econ student levers his portfolio to the max right before the 2008 crash based on advice from this book. Doubles down as things start to turn south. Slowly crawls his way back.

It's a great read.

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I like the "Hyde Park" shirts at Lands End, but in mu experience they need to be tailored. Too much fabric, even on the "tailored" fit version.

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Sell futures or purchase some out of the money puts.

Enjoy your 100% guaranteed return

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What is less obvious is that if the market moves sideways, you also lose money, and at surprising speed . Bingo. Let's look at a quick example where the market goes up 10% in day one then down 9% in day two. In this example the market went up 1% over a 2 day period. Most would expect the 3x leverag...

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Definitely do not do this. Most of these ETFs reset the leverage daily, which makes it nearly a mathematical certainty that your strategy will not work. Even the SEC and the fund managers advise against this strategy: https://www.sec.gov/investor/pubs/leveragedetfs-alert.htm If you really want to le...

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Somewhere around 17-20 times expenses.

I don't know why you would need 50 or 85 times the annual expenditure. That seems like an unnecessarily large allocation of resources to me.

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max it out, sell, rinse and repeat.

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If you want to use leverage, it probably makes sense to hold the position for longer than one day. Look into futures for a cheap way to do that.

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Option 1-B is to DCA into annuitization...taking the lump, then later on, annuitizing a portion of it each year over a series of years. Please don't do this. Insurance contracts include a load for commission and for administrative fees. Why on earth would you want to pay that load multiple times? I...

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Hello all, I just received a letter that one of my previous employers is going to be terminating their pension. They have offered lump sum payments 3 times since I left the company - which I've denied. The last time they offered, Nov 2012, the lump sum would have been $79052. Instead, I planned on ...

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CaliJim wrote: ↑
Wed Nov 15, 2017 1:04 am
Option 1-B is to DCA into annuitization...taking the lump, then later on, annuitizing a portion of it each year over a series of years.

Please don't do this. Insurance contracts include a load for commission and for administrative fees. Why on earth would you want to pay that load multiple times?

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Here are some very brief general comments about cash balance plans: Advantages: - Generally, the account cannot lose value. It can only increase. - You're earning an above average rate on the assets. Good luck finding a risk-free 3.87% per year in a savings account. - While the money is in the pensi...

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This post may be useful for you.

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Thank you. I did check immediate annuities and saw the same thing. Also saw that for a 65yo today you would need just shy of 400k to get 2161...or close to a 5.4% return for the next 20y. Seems like the annuity is pretty good, but then also I only see 3 rolling 20y periods less than 5% and they wer...

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Nobody mentioned market timer? I loved that thread.

A different approach to asset allocation.

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FiveK wrote: ↑
Tue Sep 26, 2017 7:43 pm
At your current age, assuming "no pension at all" for retirement planning purposes is not unreasonable. Thus, "keep doing what you have been doing" seems appropriate.

I think it's entirely reasonable to include the PV of your accrued benefit in your asset allocation.

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but not if the reluctance stems from a more fundamental dislike for the mortality credit aspect of the SPIA. personally, I think retirees dislike giving away control of their assets to an insurance company more than they dislike the idea of a "mortality credit". The author notes there may be legal ...

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actuary here. My advice would be to go through Schwab or get an actuary in your local area. These plans can be expensive but the tax savings make it worthwhile.

PS. I don't work at Schwab -- just know from experience that they do personal DB plans and they seem professional.

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Samsung was the #2 largest holding for vanguard total international as of 6/30/2017. https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT#tab=2 Rank Holdings 1 Nestle SA 2 Samsung Electronics Co. Ltd. 3 Royal Dutch Shell plc 4 Novartis AG 5 Tencent Holdings Ltd. I doubt anyone ...

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LadyGeek wrote:I think you mean this one: A different approach to asset allocation

I love that thread. Someone could probably print it out, bind the pages, and sell it as a novel. So good.

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I agree that this sounds like a scam.

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Lots of great ideas. I'll add one that I think hasn't been mentioned yet: Point Bonita Light House. https://en.m.wikipedia.org/wiki/Point_Bonita_Lighthouse Took me 15 years living in the Bay Area to "find" it :) This is a good suggestion. It is close to the city, has great views, and interesting hi...

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I've been trying to get this implemented at my megacorp. Can anyone share the name of an employer that already offers this option? I think a concrete example would go a long way with my employer.

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