Search found 3126 matches

by JamesSFO
Wed Jan 16, 2019 5:59 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 839
Views: 42517

Re: John Bogle is dead at 89

Saddened, what a great contribution to society.
by JamesSFO
Tue Jan 15, 2019 12:16 am
Forum: Personal Consumer Issues
Topic: Website/Tool for HOA
Replies: 16
Views: 1134

Re: Website/Tool for HOA

Our ~250 unit HOA recently got G Suite for our board we all now have email (e.g. boardmember-firstname@hoaname.org) and Google Drive. This means that the board members can have a GDocs with say a phone list/etc.
by JamesSFO
Mon Jan 14, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: SEP IRA vs Solo 401k - What am I not getting?
Replies: 28
Views: 1034

Re: SEP IRA vs Solo 401k - What am I not getting?

Let me try a scenario: If two friends started a successful business and need a low cost retirement plan, SEP IRA is a good option. Solo 401k is ruled out and SEP needs to have same % applied to both. Solo401K works with 2 friends having a business and wanting a retirement plan as long as they are b...
by JamesSFO
Tue Jan 08, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 8396

Re: More Nanny State From Vanguard

My guess is actually it is to be able to make a clearer statement: all ETFs on our platform trade for free.
by JamesSFO
Mon Jan 07, 2019 8:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 30
Views: 3899

Re: San Francisco Mid Peninsula, California Chapter Interest?

Nice, I have a work event that night but will keep my eye open for other attempts.
by JamesSFO
Sun Jan 06, 2019 9:14 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 30
Views: 3899

Re: San Francisco Mid Peninsula, California Chapter Interest?

Do we have enough to meet in Millbrae and see if we can get a chapter off the ground?
by JamesSFO
Fri Jan 04, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Botched 401(k) Contributions
Replies: 23
Views: 1679

Re: Botched 401(k) Contributions

...OP/wife can consider going to employer with above linked IRS rules, but should probably balance the value of the return of both time and risk to rocking the boat at work . This, one thousand times this (emphasis added). Given that an elected deferral was not made due to employer error, the other...
by JamesSFO
Thu Jan 03, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Botched 401(k) Contributions
Replies: 23
Views: 1679

Re: Botched 401(k) Contributions

My guess is it really depends a lot on (a) how much time you/your wife want to spend on this, (b) how much boat rocking you want to do over the $, and (c) how willing someone in HR/payroll is to fix it. There are clearly IRS/DOL rules meant to help with these sorts of errors, see e.g. this web page ...
by JamesSFO
Wed Jan 02, 2019 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

I stumbled on this thread as it was the same issue I'm having. I made my order on the 27th as well but it says my account has "Unavailable Shares" and I'm getting the same error as above. They have a page that looks like the following: https://s3-us-west-2.amazonaws.com/isco/unavailable.png I've tr...
by JamesSFO
Wed Jan 02, 2019 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Rough Start
Replies: 11
Views: 1066

Re: Backdoor Roth Rough Start

Was holding off of going down the path of doing a backdoor roth for quite a while, but last week on the 25th I decided to bite the bullet and do this. I did my contribution of $5,500 to a Vanguard tIRA. Unfortunately, they've put the funds on hold till the 2nd of January which means that I wasn't a...
by JamesSFO
Sun Dec 30, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 40808

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

I never said it wasn't worthwhile, nor that it wasn't beneficial. But using Roth IRAs over taxable in such instances is not going to make a substantial mathematical difference in the end with things like time to retire, portfolio size after taxes, income in retirement, etc. It might, but it isn't l...
by JamesSFO
Sun Dec 30, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 40808

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

And for those high earners with a high savings rate , I frankly doubt that use of backdoor Roth IRAs is going to really move the needle that much for them anyway. There simply isn't a huge benefit in having $6k (in 2019) in a Roth account when you're saving 10 or 20 times that much in other account...
by JamesSFO
Sat Dec 29, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 40808

Re: Michael Kitces says IRS auditors disapprove of Backdoor Roth IRA's

And for those high earners with a high savings rate , I frankly doubt that use of backdoor Roth IRAs is going to really move the needle that much for them anyway. There simply isn't a huge benefit in having $6k (in 2019) in a Roth account when you're saving 10 or 20 times that much in other account...
by JamesSFO
Sat Dec 29, 2018 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

kodak2004 wrote:
Fri Dec 28, 2018 10:25 am
JamesSFO wrote:
Thu Dec 27, 2018 11:52 am
I would try the conversion button again today/tomorrow/Monday and see if you can make it happen in 2018.
Guess what! The conversion went through today :)

Happy New Year to all!

Excellent! So the issue was not a 7 day hold, but rather that the transaction had not settled
by JamesSFO
Thu Dec 27, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Wiki page UPGRADE: Backdoor Roth
Replies: 76
Views: 5482

Re: Wiki page UPGRADE: Backdoor Roth

Very cool revamp nice job. Thanks for the work!
by JamesSFO
Thu Dec 27, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

From the "Balance and Holdings" page on investor.vanguard.com in the header area for your TRADITIONAL IRA you should still see a "convert" button, see image: http://i64.tinypic.com/2wlsjgj.jpg JamesSFO , could you go back to this post and replace the link with what you see in the second box for for...
by JamesSFO
Thu Dec 27, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

Only thing that is limited is contributions , conversions can happen whenever you want. The "Aaah, now I get it!" moment happened after reading this slowly three times :D Thanks again to everyone for your patience in explaining basic things that I should've figured out on my own long before startin...
by JamesSFO
Thu Dec 27, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

From the "Balance and Holdings" page on investor.vanguard.com in the header area for your TRADITIONAL IRA you should still see a "convert" button I see the button, but this is what I get if a conversion is attempted: https://i.imgur.com/1qG9ZxV.png Which basically means that the funds are on a week...
by JamesSFO
Thu Dec 27, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

As pointed out by jamesSFO, Roth conversions are taxable "in" the calendar year they occur. [..] If it occurs after 12/31/18 it will be reported on the 2019 return. Which means I'm missing out on 2018 tax year and will only be able to do one conversion in 2019, right? No, you can contribute on 1/2/...
by JamesSFO
Thu Dec 27, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

From the "Balance and Holdings" page on investor.vanguard.com in the header area for your TRADITIONAL IRA you should still see a "convert" button, see image:

http://i64.tinypic.com/2wlsjgj.jpg
by JamesSFO
Thu Dec 27, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion went bad..
Replies: 25
Views: 2312

Re: Roth conversion went bad..

So, this is my first time doing a backdoor Roth (using this instruction ). I've opened an IRA account and deposited $5,500 into Prime Money Market Fund. The transaction finally went through today. Now I'm trying to convert, and it turns out that "Purchases of Vanguard mutual fund shares, including ...
by JamesSFO
Tue Dec 25, 2018 1:21 am
Forum: Investing - Help with Personal Investments
Topic: Why is the Vanguard mutual fund sale order that I submitted to Vanguard last night still showing as "in progress"?
Replies: 9
Views: 1283

Re: Why is the Vanguard mutual fund sale order that I submitted to Vanguard last night still showing as "in progress"?

Vanguard 401K is shockingly underspecified. There are multiple 401K platforms (small business I401K platform, Ascenus/Vanguard platform, etc.) so it's hard to say what might be going on here.
by JamesSFO
Sun Dec 23, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Individual 401K now offering Admiral funds
Replies: 60
Views: 4805

Re: Vanguard Individual 401K now offering Admiral funds

I meant to call Vanguard yesterday about this issue as I am setting up a new i401(k). thought I would ask here since offices will be closed, I assume, through Christmas. Can I safely add the admiral shares funds on the paperwork without it getting kicked back or disqualified? Still states on the 40...
by JamesSFO
Thu Dec 20, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: USAA apology letter?
Replies: 42
Views: 6074

Re: USAA apology letter?

USAA Member, did not receive; but I have moved my banking away (banked with them solely from ~1998-2016) and only use USAA for insurance now because they became a hassle to deal with on basic banking things. Also, their interest rates were close to 0 when others had better offers. Went with a local ...
by JamesSFO
Sun Dec 16, 2018 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Employee Fiduciaary for 401k
Replies: 10
Views: 352

Re: Vanguard or Employee Fiduciaary for 401k

As a small business owner myself, one reason I opted against EF is that they charge ~7 basis points on all accounts (e.g. 0.07ER) or at least did at the time. Since I have a large balance I did not want to be paying 7-basis points extra. Vanguard/Ascensus program let me have no such fees.
by JamesSFO
Fri Dec 14, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 10650

Re: [Robinhood to launch 3% interest bearing accounts, but is not a bank]

This seems even more deceptive than it did when the SIPC questions were floating yesterday. Does anyone know if the prospectus for the fund has yet been posted?
by JamesSFO
Thu Dec 13, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 160
Views: 10650

Re: Robinhood to launch 3% Checking & Savings Accounts

Intriguing to see how this develops. My credit union is 2% on all checking and savings...
by JamesSFO
Wed Dec 05, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Overcontribution
Replies: 19
Views: 1615

Re: 401k Overcontribution

If you know the amount is $652 why not just ask for a corrective distribution from NewCo for that amount?
by JamesSFO
Mon Dec 03, 2018 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: .28 cents in my IRA account after backdoor Roth
Replies: 14
Views: 1612

Re: .28 cents in my IRA account after backdoor Roth

If this is at Vanguard you can call them and ask them to convert the rest, sometimes the interest on the MMkt account does not automatically go over to the Roth. In my experience the interest has never gone over to the Roth. It's quite annoying :annoyed Of ~3-5 years I've done this with the new acc...
by JamesSFO
Mon Dec 03, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: .28 cents in my IRA account after backdoor Roth
Replies: 14
Views: 1612

Re: .28 cents in my IRA account after backdoor Roth

If this is at Vanguard you can call them and ask them to convert the rest, sometimes the interest on the MMkt account does not automatically go over to the Roth.
by JamesSFO
Mon Dec 03, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Out of Stocks to Pay Off Mortgage
Replies: 73
Views: 5196

Re: Out of Stocks to Pay Off Mortgage

I would not deplete your taxable to pay off the mortgage... Also, you likely will owe capital gains on the sale so it will not go 1-for-1. Why not instead cut off monthly (taxable) investments and divert to pay off the mortgage implicitly it sounds like you maybe are putting $1K or something away ta...
by JamesSFO
Tue Nov 27, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Employer switching 401k provider,how to plea for in-service rollover
Replies: 19
Views: 1795

Re: Employer switching 401k provider,how to plea for in-service rollover

What would be the reason, or restricting factors, for not allowing me to rollover? ( -is it ERISA or IRS? - is it plan administrators wanting to be tough/consistent? -is it third party benefits/new provider not wanting to lose out on total account fees?) Most likely ERISA/IRS regs combined with the...
by JamesSFO
Wed Nov 21, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 225
Views: 18406

Re: Vanguard lowering Admiral level to $3,000?

This is a nice change to see. When combined with free ETF trades, VG seems to have a nice mix of offerings: - No minimum: buy some ETFs at no charge - $1K: buy a fund-of-funds (hopefully with even lower expenses soon :D) - $3K+: Buy admiral shares Given that VG does not have the flexibility to have ...
by JamesSFO
Fri Nov 09, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard customer service
Replies: 12
Views: 1722

Re: Vanguard customer service

Sadly the prospectus makes it clear only natural persons can invest: Vanguard Prime Money Market Fund Vanguard has designated Vanguard Prime Money Market Fund as a retail money market fund. Retail money market funds are defined as prime or tax-exempt money market funds that have policies and procedu...
by JamesSFO
Tue Nov 06, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Frustrating issue with VG website. Need advice.
Replies: 12
Views: 1796

Re: Frustrating issue with VG website. Need advice.

I have the same problem at Fidelity. Two accounts with zero balances from an employer I haven't worked for since 2008. I gave up trying to get Fidelity to delete the accounts and just opted in my settings to hide them. They are still there, but they don't bother me any more. Ditto, I have 3 old 401...
by JamesSFO
Tue Nov 06, 2018 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 122
Views: 18265

Re: Are we in trouble?

I think OP has not painted a very complete picture because midway through the thread a 3rd property (paid off) that they plan to retire to appeared... It seems like OP is a bit over-extended and disappointed that the grass was not as green on the TX side of the river. Selling the Chicago house quick...
by JamesSFO
Sat Nov 03, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: FSTVX -> FSKAX
Replies: 15
Views: 2967

Re: FSTVX -> FSKAX

Spoke to Fidelity representative about the lost cost basis info. They assured me that all the historical cost basis info and individual lot information would be retained, and restored on the web site. Said it might take a week or so of it all to be visible on the web site. Just noticed this problem...
by JamesSFO
Wed Oct 17, 2018 1:11 am
Forum: Investing - Theory, News & General
Topic: Vanguard screws up rollover from TSP
Replies: 41
Views: 4544

Re: Vanguard screws up rollover from TSP

There may be complaints with the other firms, however I diligently read these boards daily or at least 5 times a week and I've only seen Vanguard. Mind you, I have absolutely no problems with Vanguard - my transactions have all been smooth. This is just an observation. This is a more-or-less heavil...
by JamesSFO
Sat Oct 13, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Anyone done a Hair Transplant?
Replies: 79
Views: 6123

Re: Anyone done a Hair Transplant?

What is the name of the robot procedure? Last (and only) previous firsthand review I got for a hair replacement procedure was for Neograft, which isn't exactly new. I am serious about having something done next year. Thank you in advance. Artas - http://siliconvalleyhairinstitute.com/artas/ That's ...
by JamesSFO
Thu Oct 11, 2018 10:23 pm
Forum: Personal Consumer Issues
Topic: Anyone done a Hair Transplant?
Replies: 79
Views: 6123

Re: Anyone done a Hair Transplant?

I can spot a transplant almost as far away as a comb over. You wouldn't be fooling anyone. Just shave your head close or completely and leave people guessing. This should go without saying, but you wouldn't be aware of the ones you did not spot. I had one done and at my first haircut ~2 months late...
by JamesSFO
Wed Sep 26, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Suggestions for Online Banking (Having Problems w/ USAA)
Replies: 13
Views: 974

Re: Suggestions for Online Banking (Having Problems w/ USAA)

$5K limit at USAA is somewhat newish to my recollection but a supervisor on phone can do more, I've done $50K multiple times for $0 just get hassle with supervisor
by JamesSFO
Thu Sep 20, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: HOA Donation in Remembrance of Deceased Owner
Replies: 40
Views: 3204

Re: HOA Donation in Remembrance of Deceased Owner

If nobody cares about someone spending the money, then why not ask everybody to contribute directly instead of forcing “contributions” by raiding the property maintenance funds? Perhaps the $1M budget will shrink by applying expense controls and policies; where there is sloppy spending in one case ...
by JamesSFO
Thu Sep 20, 2018 6:54 am
Forum: Personal Consumer Issues
Topic: HOA Donation in Remembrance of Deceased Owner
Replies: 40
Views: 3204

Re: HOA Donation in Remembrance of Deceased Owner

We did it in our HOA when a long-term ~15+ year board member passed. ~250 home community with a $1M+/year budget and this was like a $100 expense. Strikes me as both (a) reasonable and (b) of such nominal value relative to the budget that who cares.
by JamesSFO
Tue Sep 18, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 561

Re: Employer/Plan Limit on 401K Contributions

this happened to me last year.. although my employer does not set limits per pay period I was able to contribute only $14k, $4k was "refunded" to me after the discrimination test failed. Just to be clear, this sort of return is different from an outright limit. In your case, your employer ACTUALLY ...
by JamesSFO
Tue Sep 18, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America credit card “feature” (be careful with autopay)
Replies: 45
Views: 2990

Re: Bank of America credit card “feature” (be careful with autopay)

I've been burned by PenFed for this, I was switching primary banks so I paid my balance in full but didn't think to switch auto pay (yet) and it went from the old account and over-drew the account. USAA was nicer about refunding the fee then PenFed, I still kept them, but I think it is a sh*t custom...
by JamesSFO
Tue Sep 18, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Employer/Plan Limit on 401K Contributions
Replies: 10
Views: 561

Re: Employer/Plan Limit on 401K Contributions

Typical: Unsure Happens: Definitely I would say after your SO has been there a while gently raise the issue with HR and see if it is something that they can change in their plan documents. My guess is that very few employees care (e.g. most who are paid over the 25% threshold to get to 18.5K don't c...
by JamesSFO
Mon Sep 17, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Provding SSN for Estate Planning--Why?
Replies: 23
Views: 2100

Re: Provding SSN for Estate Planning--Why?

Crazy idea: ask the attorney.

Likely reasons:

1. It's just the form the attorney has been using

2. It ultimately is useful for recordkeeping purposes and/or putting together documents so asking now is easier

3. Etc.
by JamesSFO
Wed Sep 12, 2018 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Delay in 401k Contribution Posting, cause for concern?
Replies: 15
Views: 1473

Re: Delay in 401k Contribution Posting, cause for concern?

fantasytensai wrote:
Wed Sep 05, 2018 3:13 pm
My employer .... What would you do in this situation?
Just wondering (a) what you decided to do and (b) what was the outcome?