Search found 6132 matches

by inbox788
Sat Apr 20, 2019 8:19 pm
Forum: Personal Investments
Topic: Beginner question: best way to $ Cost Avg on sp500
Replies: 24
Views: 1716

Re: Beginner question: best way to $ Cost Avg on sp500

Thanks @inbox788 . this is very useful . i am changing it to vang inst 500 . yeah all target date funds are 0.06 % . i wrongly said last time. i guess the company got good deal. You're very fortunate to really good 401k plan. There are no bad choices that you listed. The target date funds are surpr...
by inbox788
Sat Apr 20, 2019 7:34 pm
Forum: Personal Investments
Topic: Beginner question: best way to $ Cost Avg on sp500
Replies: 24
Views: 1716

Re: Beginner question: best way to $ Cost Avg on sp500

VANG INST 500 IDX TR 0.012% VANG IS EXT MKT IDX 0.03% Personal choice of AA, many target date funds from VG. VANG INST 500 IDX TR 0.012% is my clear winner! I have no problems with 100% into the fund until it's well into 6 digits. That's when I'd start considering adding some extended market. Other...
by inbox788
Sat Apr 20, 2019 6:20 pm
Forum: Personal Consumer Issues
Topic: USPS In transit Arriving Late
Replies: 16
Views: 819

Re: USPS In transit Arriving Late

I purchased an item on eBay mailed by First Class Package that had a "Guaranteed Delivery" date of yesterday that has not arrived yet. According to the USPS tracking, it states "In Transit-Arriving Late" and the last scan was at a regional original facility in a major city about 50 miles from the s...
by inbox788
Sat Apr 20, 2019 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Easy to use legal zoom for revocable trust?
Replies: 6
Views: 699

Re: Easy to use legal zoom for revocable trust?

Does CA allow for a beneficiary deed on the house? That could reduce/eliminate the need to cover it through a trust or will. I heard about this. Looks like a new law passed 2015. I didn't figure out how to setup this using this method involving joint property with spouse passing on to children. htt...
by inbox788
Sat Apr 20, 2019 5:23 pm
Forum: Personal Consumer Issues
Topic: Apple MacBook Air - what to do next.
Replies: 37
Views: 1758

Re: Apple MacBook Air - what to do next.

Any battery extending tips for stretching this out until I can get time off to go to an Apple store? powering it off completely, etc. - something like that? I may inadvertently be making the battery burn out sooner through my usage habits? By chance do you connect it to the charger when it doesn’t ...
by inbox788
Sat Apr 20, 2019 4:46 pm
Forum: Personal Investments
Topic: Beginner question: best way to $ Cost Avg on sp500
Replies: 24
Views: 1716

Re: Beginner question: best way to $ Cost Avg on sp500

Yes. I do contibute to 401k(maxing) . it is target date fund(thinking about changing this to sp500 based too). i am not eligible for roth ira. as this is for use after 15 years. i learnt the rolling returns is positive (historically) with just sp500 for 10 years and above. i did not think about ass...
by inbox788
Sat Apr 20, 2019 3:28 pm
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 23
Views: 2319

Re: Ever Too Much in HSA?

The one exception is if my health declines to a short/near-time likelihood of demise and my marginal take rate(s) is significantly lower than my non-spouse beneficiaries' marginal tax rate(s). Then it might make sense to take non-qualified distributions from my HSA to drop the balance down to my ch...
by inbox788
Sat Apr 20, 2019 3:09 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3371

Re: Windows 7 end of support - Jan 14, 2020

Didn't realize using the term milk would get such a strong reaction. As a BH and though TSM a Microsoft stockholder, milking is a good business (and so is the related razorblade model). Buy the cow, sell the milk for as long as she produces, and if she lives a long and productive life, that much mor...
by inbox788
Sat Apr 20, 2019 6:31 am
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 23
Views: 2319

Re: Ever Too Much in HSA?

Since I only have non-spouse beneficiaries, I plan on taking 10 year certain RMDs of unreimbursed qualified medical expenses starting at age 65. In other words, 1/10th at age 65, 1/9th at age 66 and ... and remaining distribution at age 74. Then 100% reimbursement thereafter. Assuming the HSA balan...
by inbox788
Sat Apr 20, 2019 6:04 am
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 44
Views: 3262

Re: Fire my financial advisor now or later? (recent windfall help needed)

My question pertains to how I ought to invest a recent windfall of $150k. Easy, transfer the cash over to Vanguard and put it in VTSMX. In 3 years, compare to how the family is doing with ML. Bet you will be beating them by a wide margin. I have connections to Merrill Lynch through my family, who h...
by inbox788
Sat Apr 20, 2019 3:25 am
Forum: Personal Investments
Topic: Ever Too Much in HSA?
Replies: 23
Views: 2319

Re: Ever Too Much in HSA?

$38K isn't a lot. Our Medicare premiums alone would burn through that in 4 years. If the account has reasonable fees and investing options, the worst case is that you can take money out for non-Medical purposes after you turn 65 and simply pay the tax then - like a Traditional IRA. Wow, I wasn't pr...
by inbox788
Sat Apr 20, 2019 3:04 am
Forum: Personal Consumer Issues
Topic: What's the lowdown on HVAC filters?
Replies: 21
Views: 1557

Re: What's the lowdown on HVAC filters?

I use the flashlight method with white filters like this one under $5. https://www.homedepot.com/p/True-Blue-16-in-x-20-in-x-1-in-Basic-FPR-5-Pleated-Air-Filter-HD216201/100352750 If it looks clean, I'm done. If it looks dirty, I climb on a chair and take a closer look. It's 50/50 whether I wind up ...
by inbox788
Sat Apr 20, 2019 2:54 am
Forum: Personal Consumer Issues
Topic: Updating to MacOS Mojave on an old mac Mini
Replies: 5
Views: 515

Re: Updating to MacOS Mojave on an old mac Mini

I recently started using a Mac Mini from 2012 which has OS X 10.8.5. I tried upgrading the OS X to Mojave 10.14.4 but received this error message sequence: Have you ever update the OS?!? Is this a 7 year itch? I'm assuming it's a entry level i5/4GB, so you shouldn't expect great performance. It's a...
by inbox788
Sat Apr 20, 2019 2:12 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 84
Views: 6698

Re: Thinking about selling stocks near all time highs

...I went from near 100/0 to 95/5 last August and now am considering a 90/10 or safer portfolio. So I am not thinking only about rebalancing, but I am thinking about changing my asset allocation to a more conservative one after many years of investing. I should have been more clear in my original p...
by inbox788
Fri Apr 19, 2019 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Itemizarion of Non-Cash, Charitable Contributions
Replies: 11
Views: 582

Re: Itemizarion of Non-Cash, Charitable Contributions

We have used Its Deductible previously with such items, sometimes totaling several thousand dollars and with each item listed on the tax return which is quite a task in some cases. Yeah, but what's the hourly rate on those thousands of dollars? Not sure why this PDF is top of google search, but loo...
by inbox788
Fri Apr 19, 2019 8:42 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3371

Re: Windows 7 end of support - Jan 14, 2020

Microsoft milked XP users who needed support and they'll likely profit handsomely on 7. Navy pays Microsoft $9 million a year for Windows XP https://money.cnn.com/2015/06/26/technology/microsoft-windows-xp-navy-contract/index.html Navy Accelerates Migration to Windows 7 https://www.doncio.navy.mil/C...
by inbox788
Fri Apr 19, 2019 6:55 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 84
Views: 6698

Re: Thinking about selling stocks near all time highs

The purpose of this post was to hear people's opinions on whether it makes sense to reduce risk by rebalancing when stocks have moved up strongly . It is not obvious that rebalancing produces the best outcome. I could instead buy bonds with new contributions and not sell stocks. I am still not sure...
by inbox788
Fri Apr 19, 2019 6:55 pm
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 84
Views: 6698

Re: Thinking about selling stocks near all time highs

... I want to clarify to all readers. I AM NOT THINKING ABOUT SELLING BECAUSE STOCKS ARE NEAR HIGHS. I AM THINKING ABOUT SELLING DUE TO REBALANCING RULES AND A CHANGE IN RISK TOLERANCE AFTER MANY YEARS OF INVESTING. ... OP, I sense your frustration in ALL-CAPS. if it helps, I thought you were clear...
by inbox788
Fri Apr 19, 2019 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life policy advice
Replies: 12
Views: 985

Re: Whole Life policy advice

I usually say look at the dividends to see if keeping it makes sense e.g. can the yearly dividends pay most of all of the premiums. But these are relatively small . But buy the term policy before you cash these in. You want to make sure you can get coverage you need before you cancel the whole life...
by inbox788
Fri Apr 19, 2019 5:07 am
Forum: Personal Investments
Topic: Thinking about selling stocks near all time highs
Replies: 84
Views: 6698

Re: Thinking about selling stocks near all time highs

Great idea, but we’ve passed dozens of all time highs already, so why didn’t you already sell out yet? Why is this one the one that’s going to reverse significantly? And when do you get back in? You might be right, but more than likely there will be a dozen more before a bigger dip occurs, and it co...
by inbox788
Thu Apr 18, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life policy advice
Replies: 12
Views: 985

Re: Whole Life policy advice

I have 2 whole life policys that my parents took out on me when I was younger, and they gave to me several years ago to take over payments on. My dad really like insurance :) $15,000 policies through state farm. Policy #1: $103/year premium. $1412 cash value, $1243 accumulated dividend Policy #2: $...
by inbox788
Thu Apr 18, 2019 9:47 pm
Forum: Personal Investments
Topic: Asset Allocation - 34 year old worth $1.2M
Replies: 21
Views: 3117

Re: Asset Allocation - 34 year old worth $1.2M

How would you enter the market when sitting on too much cash? ...How do i go about entering the market with excess cash? Should I wait until theres more panic or just drop it in? I would like to use some of the cash to eventually buy another real estate deal. Or, would it make sense to pay off the ...
by inbox788
Thu Apr 18, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3371

Re: Windows 7 end of support - Jan 14, 2020

To borrow a phrase, "they'll have to pry Windows 7 out of my cold, dead hands." Windows 10 is an abomination. +1 I'm moving to Chromebooks/Google Docs for some tasks and MacOS/Safari/Macbook for others. Plus I'm doing more and more on my phone and iPad/tablet. I might give Linux a try on my Windows...
by inbox788
Thu Apr 18, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2670

Re: Insurance Advice after bicycle accident

The officer who wrote the report already said that the driver violated no laws. Not violating laws is not necessarily not at fault. When a chain of cars run into each other do they all get cited? Who's at fault? Let’s revisit the example we discussed above: Driver D --> Driver C --> Driver B --> Dr...
by inbox788
Thu Apr 18, 2019 3:50 pm
Forum: Personal Consumer Issues
Topic: Home Page for Your Computer:
Replies: 17
Views: 1119

Re: Home Page for Your Computer:

A couple of alternatives to check out: www.ighome.com or www.inoreader.com. Both of these you can choose news from various sources like the older Google pages. Inoreader has a premium subscription (maybe both do, but I just use the free option). It's been a long time since I've used these, but a si...
by inbox788
Thu Apr 18, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: Home Page for Your Computer:
Replies: 17
Views: 1119

Re: Home Page for Your Computer:

:thumbsup I use the Chrome browser, and when sent to blank/no home page it has this annoying "feature" of putting shortcut thumbnails to frequently visited websites in the blank page. I had to install an extra plugin to get a truly blank page, I recently changed to one called "New Tab Draft" that g...
by inbox788
Thu Apr 18, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Donating Money In Someone's Name
Replies: 5
Views: 452

Re: Donating Money In Someone's Name

There are 2 issues. 1) Who is getting the tax write-off? How is this documented? Only one person should benefit from a tax deduction. If you don't care about the tax deduction, gift $500 to your friend and suggest he donate it and take advantage of his company match. And he gets to claim the deducti...
by inbox788
Thu Apr 18, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Universal Life Policy Lincoln Financial - what to do?
Replies: 14
Views: 1149

Re: Universal Life Policy Lincoln Financial - what to do?

Not all UL policies have an investment portion. Many have a cash account where premiums are deposited and insurance charges deducted. In the old days, the cash account was credited with 4% interest annually. I'd like a 4% cash account where I can prepay my 2% car loans. (similar concept to one pay ...
by inbox788
Thu Apr 18, 2019 12:01 pm
Forum: Investing - Theory, News & General
Topic: Loans from 401k -- back door investing?
Replies: 57
Views: 4049

Re: Loans from 401k -- back door investing?

If the loan is withdrawn, I'm missing out on growth, so I don't see the benefit. No, unless your 401(k) is 100% stock. You take the loan from fixed income investments. I didn't get that far along the loan process to see that option. It does not matter where you custodian draws the source funds from...
by inbox788
Thu Apr 18, 2019 4:11 am
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 54
Views: 3872

Re: What I don’t understand about Donor Advised Funds...

Our local church cannot accept direct donations of mutual funds, we tried several times. Our denomination does offer a DAF but that would only be for church-related entities, and we do give to other organizations. There are other factors involved too, but having a better understanding of how it act...
by inbox788
Thu Apr 18, 2019 1:15 am
Forum: Personal Finance (Not Investing)
Topic: $25K Whole Life policy for daughter - $130/year - keep it?
Replies: 66
Views: 8497

Re: $25K Whole Life policy for daughter - $130/year - keep it?

An inforce illustration would be most helpful, but there are a few number to work with here. May 10, 2015 MetLife "Life Paid-Up at Age 98" assume it's a Whole Life policy (please verify) $25K face value, premium $130/year (98 payments is $12,740) Calculated IRR: 1.238% ( https://www.dinkytown.net/ja...
by inbox788
Wed Apr 17, 2019 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: What I don’t understand about Donor Advised Funds...
Replies: 54
Views: 3872

Re: What I don’t understand about Donor Advised Funds...

I leave mine in cash between contribution and donation, but I don't leave it there very long. That's likely how OP should be using it given her stated goals. Personally, I leave it all in TSM index fund for lowest fees and greatest potential returns. It's not my money anymore. :shock: I'm not inves...
by inbox788
Wed Apr 17, 2019 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Universal Life Policy Lincoln Financial - what to do?
Replies: 14
Views: 1149

Re: Universal Life Policy Lincoln Financial - what to do?

I’m guessing that your mother will be 100 years old in December 2025 when the policy matures. Some policies are setup such that they will pay the death benefit on your 100th birthday. The annual premium is set in the contract. I would calculate what the total premium would be if she hits 100 and if...
by inbox788
Wed Apr 17, 2019 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: $25K Whole Life policy for daughter - $130/year - keep it?
Replies: 66
Views: 8497

Re: $25K Whole Life policy for daughter - $130/year - keep it?

If you do end up keeping it, I would see if you can change your dividend option from paid up additional insurance to having your dividends go towards the premium. You are getting dividends from the policy which is going towards extra insurance. You could instead just have it reduce your premium so ...
by inbox788
Wed Apr 17, 2019 5:46 pm
Forum: Investing - Theory, News & General
Topic: Loans from 401k -- back door investing?
Replies: 57
Views: 4049

Re: Loans from 401k -- back door investing?

If the loan is withdrawn, I'm missing out on growth, so I don't see the benefit. No, unless your 401(k) is 100% stock. You take the loan from fixed income investments. I didn't get that far along the loan process to see that option. So if I have $50k in BND yield 2.72% in my 401k and I want to borr...
by inbox788
Wed Apr 17, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: Loans from 401k -- back door investing?
Replies: 57
Views: 4049

Re: Loans from 401k -- back door investing?

The interest does go back into your account. The loan is withdrawn from your account . The borrower is moving money from one account (401k) to another (taxable, pay down debt, home equity, etc). Thanks! I found the part of about interest in my plan. If the loan is withdrawn, I'm missing out on grow...
by inbox788
Wed Apr 17, 2019 3:30 pm
Forum: Investing - Theory, News & General
Topic: Loans from 401k -- back door investing?
Replies: 57
Views: 4049

Re: Loans from 401k -- back door investing?

Are there 401k plans that do allow this double use of capital? I see in my plan where it does says that the principal and interest repaid does go into my account. It also says when I remove money from my account, that money no longer compounds interest on its own or grows. This makes me think it's ...
by inbox788
Wed Apr 17, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: Loans from 401k -- back door investing?
Replies: 57
Views: 4049

Re: Loans from 401k -- back door investing?

If the 401k interest rate is high, isn't that a good thing? Can you use the high interest rate to shift more assets into your 401k beyond the 19k annual cap? For my 401k, for instance, initiating a 60 month 401k loan costs only $114. True, it's billed as an establishment fee + a quarterly maintenan...
by inbox788
Wed Apr 17, 2019 3:24 am
Forum: Personal Consumer Issues
Topic: What about IEOR at Berkeley vs CS at UMich/UCLA?
Replies: 52
Views: 2938

Re: What about IEOR at Berkeley vs CS at UMich/UCLA?

I don’t know how much I’d be making now. I suppose it would depend on the school I received the engineering degree from and the career path chosen. I see plenty of posts on this website from rank and file individual contributors in STEM fields that are older than me and make less than me. I also se...
by inbox788
Tue Apr 16, 2019 11:26 pm
Forum: Personal Investments
Topic: Help with best Merrill Edge bond fund or low risk qualified dividends
Replies: 6
Views: 400

Re: Help with best Merrill Edge bond fund or low risk qualified dividends

Vanguard Target Retirement Income Fund (VTINX) is about the most risky option in this situation. Current 2.29% yield looks pretty good. How much of that is qualified? only 22% https://advisors.vanguard.com/VGApp/iip/advisor/csa/investments/taxcenter/yearendfigures Also throws off ST and LT capital g...
by inbox788
Tue Apr 16, 2019 11:10 pm
Forum: Personal Investments
Topic: Help with best Merrill Edge bond fund or low risk qualified dividends
Replies: 6
Views: 400

Re: Help with tax on interest vs qualified dividends and best Merrill Edge bond fund

I don't believe that dividends from bond funds can be qualified. Dividends from bond funds are taxed like interest income. Qualified dividends come from stocks/stock funds. Agree, it is my understanding interest is taxed as regular income. I don't know what I was thinking. Tunnel vision on qualifie...
by inbox788
Tue Apr 16, 2019 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: $25K Whole Life policy for daughter - $130/year - keep it?
Replies: 66
Views: 8497

Re: $25K Whole Life policy for daughter - $130/year - keep it?

(Or just give it to the daughter). no No NO! Parents, don’t do that to your kids! You put them in the emotional position of “honoring” you by paying for something they don’t want or “dissing” you by dropping it. This happens way too often. The OP should keep the policy or cash it out. Don’t give it...
by inbox788
Tue Apr 16, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: $25K Whole Life policy for daughter - $130/year - keep it?
Replies: 66
Views: 8497

Re: $25K Whole Life policy for daughter - $130/year - keep it?

The reason why I *still* have it is because: a) My wife was (and probably still is) opposed to cancelling it outright, and I don't expect to be any more successful in convincing her otherwise today, than I was a few years ago. But I *do* think that if I can come up with a better alternative (e.g., ...
by inbox788
Tue Apr 16, 2019 7:28 pm
Forum: Personal Investments
Topic: Help with best Merrill Edge bond fund or low risk qualified dividends
Replies: 6
Views: 400

Help with best Merrill Edge bond fund or low risk qualified dividends

This is a 2 part question regarding a single retired little old lady with fixed income under $20k/year putting her in the 10% income tax bracket. She pays several hundred in federal taxes a year. 1) Interest from savings and CDs accounts are taxed at the 10% ordinary income level, but qualified divi...
by inbox788
Tue Apr 16, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Is it a no brainier to donate appreciated shares to a charity?
Replies: 13
Views: 1440

Re: Is it a no brainier to donate appreciated shares to a charity?

If you donate $100k now, you may get a tax deduction, so your heirs might get an additional $20k or so from somewhere. If you simply wait till you pass and donate the same $100k, I don't think you can get any deductions. I don't think the OP is asking whether to donate now or later. I think the OP ...
by inbox788
Tue Apr 16, 2019 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Is it a no brainier to donate appreciated shares to a charity?
Replies: 13
Views: 1440

Re: Is it a no brainier to donate appreciated shares to a charity?

I have received help on a separate thread about procedural aspects of gifting shares. This is a different question and applies whether I use a donor-advised fund or a direct gift of shares from my vanguard mutual fund account to a charity. I have a Vanguard money market fund and a stock fund (TSM) ...
by inbox788
Mon Apr 15, 2019 8:29 pm
Forum: Personal Investments
Topic: Investing for older relative
Replies: 6
Views: 725

Re: Investing for older relative

I am trying to bogleify a 70 year old relative's investments. Currently invested in individual tickers. Has some risk tolerance so I was thinking 60% stock index and 40% bond index with stock bucket further split into 60% domestic and 40% international. Does that sound about right? Depends on the t...
by inbox788
Mon Apr 15, 2019 8:18 pm
Forum: Personal Consumer Issues
Topic: How to fix jerky images on streaming TV?
Replies: 29
Views: 1568

Re: How to fix jerky images on streaming TV?

After cutting the cord, I subscribed to YouTube TV with a Roku Streaming Stick+. Streaming to our 4 year old Vizio 52" TV has been problematic. Especially when watching sports, the images often become herky/jerky and robotic. I presume this is from buffering/interruptions in the streaming signal. I...
by inbox788
Mon Apr 15, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: $29 collections notice
Replies: 31
Views: 2749

Re: $29 collections notice

Hi- I received a $29 notice from a collections agency that relates to some labwork.It does relate to a valid charge. Could this hit my credit report? I did pull my report and it’s not currently showing on it, but maybe the agency just hasn’t reported it yet but eventually will. What you're describi...
by inbox788
Mon Apr 15, 2019 7:37 pm
Forum: Personal Investments
Topic: Itemized deduction for CA Taxes
Replies: 11
Views: 1052

Re: Itemized deduction for CA Taxes

If you do hard copy taxes you will use Form 540 Part II Adjustments page. California is non conforming on SALT so amounts over $10k Federal limit can be a California itemized deduction. Part II is a bit involved, easy to err unless you follow closely line by line instructions. Turns out I did itemi...