Search found 9859 matches

by stan1
Mon Apr 12, 2021 9:49 am
Forum: Personal Investments
Topic: EEM vs SPEM
Replies: 4
Views: 328

Re: EEM vs SPEM

EEM is a horrible choice due to its expense ratio.

Your four reasonable choices for emerging markets are VWO, SCHE, IEMG, and SPEM. I'd be comfortable buying any of the four.
by stan1
Sun Apr 11, 2021 8:56 pm
Forum: Personal Investments
Topic: american funds cost basis accounting
Replies: 9
Views: 609

Re: american funds cost basis accounting

Another factor, do the American Funds pay annual capital gains distributions and do they have much higher expense ratios than your Vanguard funds? If so (and likely they do both) I'd use the need to generate $20K as a good rationale for drawing down the American Funds account.
by stan1
Sun Apr 11, 2021 8:42 pm
Forum: Personal Investments
Topic: Looking for tool to manage multiple accounts, rebalance, help with taxes and planning
Replies: 5
Views: 580

Re: Looking for tool to manage multiple accounts, rebalance, help with taxes and planning

I have never found an alternative to a spreadsheet that I have built myself for my unique needs and preferences for rebalancing across accounts, however I don't track at the transaction level in the spreadsheet. I have that in Quicken (and have had it there for 25 years so I'm very familiar with the...
by stan1
Sun Apr 11, 2021 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB
Replies: 154
Views: 10831

Re: Ed Slott's new book NEW RETIREMENT SAVINGS TIME BOMB

It's neither easy nor cheap to make yourself 'paper poor' in order to get on Medicaid. Moving a tax-deferred balance into a trust requires realizing the income first and paying taxes accordingly. Which is the whole point of this thread...tax-deferred balances are a pain to deal with in retirement. ...
by stan1
Sun Apr 11, 2021 9:55 am
Forum: Investing - Theory, News & General
Topic: If a broker manages individual savings account for Goldman Sachs employees does it mean that it is likely to be safe?
Replies: 8
Views: 804

Re: If a broker manages individual savings account for Goldman Sachs employees does it mean that it is likely to be safe

No, it just means they have an agreement with Goldman Sachs to offer a compliant product.

"Safe" is a very relative term. What feels safe or unsafe to you might be different for a government regulator. Maybe using more than one is your best guide.
by stan1
Sun Apr 11, 2021 8:55 am
Forum: Personal Investments
Topic: VT and home country bias
Replies: 15
Views: 1522

Re: VT and home country bias

Because reasons (I'm sure you can guess which ones and be mostly right) I am 67% US equity and 33% ex US equity since 2008. Total World is academic, but doesn't take some valid reasons into account (such as you mention plus ongoing massive US government investment through spending and tax policy in ...
by stan1
Sat Apr 10, 2021 8:22 pm
Forum: Investing - Theory, News & General
Topic: Question on International Funds...
Replies: 7
Views: 435

Re: Question on International Funds...

I try to say something like "2/3 US equity and 1/3 ex US equity". That also makes is helpful to our non US based forum members who would think of the US as being international but know that there is a US tilt to the forum.
by stan1
Sat Apr 10, 2021 8:13 pm
Forum: Personal Investments
Topic: 3 Fund Portfolio at Schwab
Replies: 3
Views: 771

Re: 3 Fund Portfolio at Schwab

I use VTI and SCHB at tax loss harvest partners, and also use VXUS and IXUS as tax loss harvest partners for total international. You can't go wrong with any of those four ETFs. I find it a lot easier to use a total international ETF than trying to build up and maintain split between developed marke...
by stan1
Sat Apr 10, 2021 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Theory: The Only Four Situations Justifying Debt
Replies: 103
Views: 6977

Re: Theory: The Only Four Situations Justifying Debt

Seems like over analysis. Could summarize as don't take out loans unless there is a good business case for doing so. Rent/buy calculators help cover that for home mortgage.
by stan1
Sat Apr 10, 2021 11:11 am
Forum: Investing - Theory, News & General
Topic: VTI and Fidelity
Replies: 3
Views: 673

Re: VTI and Fidelity

At Fidelity you can buy fractional shares of an ETF so you can buy $500 worth -- but you have to do the trade manually and can't set it up to automatically buy with a transfer in every month. M1 Finance has the capability to do what you want.
by stan1
Sat Apr 10, 2021 8:48 am
Forum: Personal Finance (Not Investing)
Topic: In-Laws' HOA demanding $8000 lumpsum payment
Replies: 91
Views: 10486

Re: In-Laws' HOA demanding $8000 lumpsum payment

Of course an $8000 unpaid pending lien against the home from an association would affect the title. It's definitely not clear with the the information provided so far that there was an actual lien on the property at time of sale or even now. People are assuming there was one, but HOA may have voted...
by stan1
Fri Apr 09, 2021 7:31 pm
Forum: Personal Investments
Topic: Simplicity over Small Cap Value
Replies: 83
Views: 5543

Re: Simplicity over Small Cap Value

I think the simplicity mantra is mostly a mental trick people use to keep themselves from tinkering (along with appeal to authority). I won't argue that a simple portfolio should help out a spouse who is not inclined to tinker. Just saw OP is 18 years old. To be honest I'd go with Total World and le...
by stan1
Fri Apr 09, 2021 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Can I early retire from my corporate job?
Replies: 43
Views: 6619

Re: Can I early retire from my corporate job?

why not take up a low-paying 100k job and chill. This is an option, but the job must be inspiring and exciting to take a steep cut from $600K while putting similar hours. With any job, we would not have the same freedom and flexibility we would get without a job. If we must expend our energy at a j...
by stan1
Fri Apr 09, 2021 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: How do I go about selling a lot of land? Put on my realtor hat?
Replies: 6
Views: 731

Re: How do I go about selling a lot of land? Put on my realtor hat?

There's is no cookie cutter answer to a question like this.

First question I'd honestly ask myself: will someone want to buy this land?

It's not a given that someone will want it. Starting with that you might head in different directions.
by stan1
Fri Apr 09, 2021 9:05 am
Forum: Personal Finance (Not Investing)
Topic: CPA Saying I Have Excess HSA Contribution
Replies: 31
Views: 1957

Re: CPA Saying I Have Excess HSA Contribution

This is why I do my own taxes. I do not expect to be able to pay someone $300-500/year and have them be a tax expert. At that rate I'm paying someone to buy expensive software and enter data not do analysis. As for tax preparers the guy needs to do hundreds of returns per year to make a living this ...
by stan1
Thu Apr 08, 2021 7:25 pm
Forum: Personal Investments
Topic: Just spoke w FA at VG [Financial Advisor at Vanguard]
Replies: 14
Views: 1304

Re: Just spoke w FA at VG

As of 28 Feb Vanguard Total World is 57% US and 43% ex US so maybe it is a little high. I'd expect PAS to come in about 28% US, 22% ex US with a 50% bond portfolio but maybe there's been enough market change since end of Feb to shift further. Did you tell them about your other accounts or just have ...
by stan1
Thu Apr 08, 2021 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: HOA rules - limit number of rentals?
Replies: 39
Views: 3137

Re: HOA rules - limit number of rentals?

Our HOA began implementing a host of punitive fees on landlords until they were challenged by a new landlord/owner. The attorney for the association confirmed that fees can only be imposed for actual costs incurred by the association, and cannot be justified if they are clearly intended to discoura...
by stan1
Wed Apr 07, 2021 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: HOA rules - limit number of rentals?
Replies: 39
Views: 3137

Re: HOA rules - limit number of rentals?

State laws may apply. In my state HOA restrictions on >30 day rentals only apply after the property is sold (e.g. cannot be applied to current property owners).
by stan1
Tue Apr 06, 2021 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: What is the expected percentage (raise) for a manager position?
Replies: 24
Views: 2270

Re: What is the expected percentage (raise) for a manager position?

Zero to 20%.

That probably gives you a bit of a bell curve.

If they don't think you will leave the company probably on the lower side.
by stan1
Tue Apr 06, 2021 2:37 pm
Forum: Personal Consumer Issues
Topic: Thoughts on HOA Board Membership?
Replies: 31
Views: 2689

Re: Thoughts on HOA Board Membership?

Thankless job, but someone has to do it and best if people who are rational and not pushing personal agendas take on the duties. Boards can get involved in politics or personal agendas such as dislike of children in non-age restricted communities. I would not be involved with a combative board, but ...
by stan1
Sun Apr 04, 2021 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Jobhunting after Covid-19 quit
Replies: 35
Views: 4463

Re: Jobhunting after Covid-19 quit

I would not over think this. She resigned. She was planning to enter internship. Internship was cancelled. Maybe she hoped to get another chance at an internship but it didn't come through? Has she volunteered or helped family since last summer? This is only if asked, not written up in cover letter....
by stan1
Sun Apr 04, 2021 10:49 am
Forum: Investing - Theory, News & General
Topic: Impact on taxable account when China eventually moves from EM to DM indices.
Replies: 17
Views: 1275

Re: Impact on taxable account when China eventually moves from EM to DM indices.

These definitions are arbitrary. The people who make the rules can change them. My hypothesis is that eventually there will be a China and sphere of influence index (I won't speculate on the politics of what gets included, it will be political to some). In practice today China and Taiwan are 60% of ...
by stan1
Sat Apr 03, 2021 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: House affordability when I expect to earn less in the future?
Replies: 2
Views: 418

Re: House affordability when I expect to earn less in the future?

Don't even look at the calculators if you don't fit the box they are trying to put you in! Don't assume rules of thumb apply to you. Lenders, realtors, and marketers assume you will want to buy the most expensive home possible. They make more money that way, but also many of their customers want to ...
by stan1
Sat Apr 03, 2021 11:34 am
Forum: Personal Consumer Issues
Topic: Outdoor living space/patio recommendations?
Replies: 22
Views: 2795

Re: Outdoor living space/patio recommendations?

All other things equal, we'd prefer a covered patio for outdoor dining to comfortably seat the number of guests we expect plus an open air seating area with gas fire pit for use in evenings. If we had a walkout basement the deck becomes a more likely design element. Can get a covered patio for less ...
by stan1
Sat Apr 03, 2021 11:21 am
Forum: Personal Investments
Topic: What are some good low or medium-risk options for a taxable account?
Replies: 3
Views: 399

Re: What are some good low or medium-risk options for a taxable account?

One approach would be to just buy Total Stock Market in the taxable account to start, and then rebalance your retirement accounts as the taxable account grows. If you do decide to sell some Total Stock Market you pay some capital gains taxes (if there are gains) and you rebalance the retirement acco...
by stan1
Sat Apr 03, 2021 11:06 am
Forum: Personal Finance (Not Investing)
Topic: How to resolve tax disagreement with my CPA?
Replies: 28
Views: 4337

Re: How to resolve tax disagreement with my CPA?

Accountants are generally risk averse. Mostly that's for a reason: most see an audit or going to tax court as a expense not as a thrill. Find another accountant, or do it yourself since you know how to read the tax code. As for the IRS, the customer service reps are just that. They are not tax attor...
by stan1
Sat Apr 03, 2021 10:53 am
Forum: Personal Investments
Topic: International Small Cap Value?
Replies: 28
Views: 1980

Re: International Small Cap Value?

ishares now has a new etf as well: https://www.ishares.com/us/products/317548/ishares-international-developed-small-cap-value-factor-etf/ I missed this announcement, but I wonder why the explicit ex South Korea omission in the chosen index? FTSE usually includes South Korea as developed not emerging?
by stan1
Sat Apr 03, 2021 9:02 am
Forum: Personal Consumer Issues
Topic: Would you give money to close friends to live in same neighborhood?
Replies: 45
Views: 2943

Re: Would you give money to close friends to live in same neighborhood?

Sounds like they have been living in your house for several months without paying rent? This is already beyond a typical friendship so I don't think most advice will apply to your situation. Do what you think is right but first I'd talk to them, have good communication, and really understand the sit...
by stan1
Fri Apr 02, 2021 6:51 pm
Forum: Personal Consumer Issues
Topic: Best nonstick pans?
Replies: 65
Views: 5157

Re: Best nonstick pans?

I've been using Scanpan for my nonstick pans for the last twelve years. No other nonstick pan comes close. I also own cast iron and stainless steel pans for those occasions when I want a good sear. Each pan works well for its intended purpose. Quite happy with our Scanpan as well. We use a silicone...
by stan1
Thu Apr 01, 2021 9:39 pm
Forum: Investing - Theory, News & General
Topic: Why is housing market hot but REITS not?
Replies: 27
Views: 3549

Re: Why is housing market hot but REITS not?

Why are REITs doing well? Go look at VNQ top 10 corporate holdings. It's mostly not malls and apartments. American Tower - Wireless Infrastructure Prologis - Logistics warehouses Crown Castle - Wireless Infrastructure Equinix - data centers Digital Realty Trust - data centers Simon Property Group - ...
by stan1
Wed Mar 31, 2021 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Home Sellers Dilemma re Agent
Replies: 24
Views: 2159

Re: Home Sellers Dilemma re Agent

In a strong sellers market I would get it in the MLS (making sure not to over price it to start) and then let the market set the final sales price and terms of sale (e.g. cash, contingencies) based on what someone is willing to offer. I would not assume 6% commissions are the norm any more. Maybe th...
by stan1
Mon Mar 29, 2021 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: vacation home in Phoenix area
Replies: 18
Views: 1701

Re: vacation home in Phoenix area

I'd do vacation rentals if you are coming 1-2 weeks per year. Phoenix is very large, would use the vacation rentals to try out different areas or subdivisions or golf courses if applicable to see which ones you like best before buying a property.
by stan1
Sun Mar 28, 2021 9:52 pm
Forum: Investing - Theory, News & General
Topic: Yahoo's pick for best VG Mutual Funds - what do you think?
Replies: 11
Views: 1446

Re: Yahoo's pick for best VG Mutual Funds - what do you think?

I'm curious whether this article was written by a human or an AI engine?
by stan1
Sun Mar 28, 2021 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retire vs resign - Is there a difference?
Replies: 81
Views: 8134

Re: Retire vs resign - Is there a difference?

At some it may be the difference between giving a few months notice (retire) vs. being walked out by security immediately (resign).
by stan1
Sun Mar 28, 2021 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I quit/retire? Not a financial matter
Replies: 35
Views: 3496

Re: Should I quit/retire? Not a financial matter

I don't think you have an ethical or moral reason to stay, unless you made personal commitments that you would stay until certain milestones were met that you feel are still binding. To me pandemic and telework are two very big changes that would fall into "unforeseen circumstances beyond anyon...
by stan1
Sun Mar 28, 2021 5:06 pm
Forum: Personal Consumer Issues
Topic: Preparing For First Homebuying Experience
Replies: 11
Views: 914

Re: Preparing For First Homebuying Experience

How much you put into your 401K and HSA is your business, not the lenders. They will make a loan assuming you will stop doing those, so if you want to keep doing them you probably want to borrow less than the maximum the lender would loan to you. Your pay stub should reflect what your gross is, how ...
by stan1
Sun Mar 28, 2021 3:16 pm
Forum: Personal Investments
Topic: Should I Roth convert before tax rate increases? (young accumulator)
Replies: 37
Views: 2261

Re: Should I Roth convert before tax rate increases? (young accumulator)

It is impossible to optimize these types of situations. People change. Life changes. Laws change. And so forth. Making the assumption that nothing will change over decades is .... a bad assumption. Assuming nothing will change is a bad assumption. Personally in my 30s I would focus on earning income...
by stan1
Sun Mar 28, 2021 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Buying an off market property - price analysis
Replies: 14
Views: 957

Re: Buying an off market property - price analysis

One approach is to have the seller hire an appraiser, you the buyer hire a different appraiser, and you determine whether the average of the two appraisals is acceptable to both parties. Either party has the chance to agree or disagree. I suppose it could also be a starting point for further negotia...
by stan1
Sat Mar 27, 2021 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Valuing web business for net worth purposes
Replies: 28
Views: 1470

Re: Valuing web business for net worth purposes

Net worth is just a number, are you proposing to take an action such as changing your investment asset allocation or retire sooner (give up earning income) because you own this business?
by stan1
Sat Mar 27, 2021 8:22 pm
Forum: Personal Consumer Issues
Topic: Books and/or Periodicals on Computer Security
Replies: 6
Views: 557

Re: Books and/or Periodicals on Computer Security

You might find something on Coursera or other MOOC platform at no cost.
by stan1
Sat Mar 27, 2021 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Valuing web business for net worth purposes
Replies: 28
Views: 1470

Re: Valuing web business for net worth purposes

You do if you want growth. The site would probably be ok without new content, although not having any new content may have a bad effect on search result rankings but that’s not certain. There's quite a few sites I used to follow that had at least several updates per month that now have just one or ...
by stan1
Sat Mar 27, 2021 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5 mil house with 5 mil net worth, too much?
Replies: 74
Views: 8471

Re: 2.5 mil house with 5 mil net worth, too much?

Our family of 4 has outgrown our house. We are looking at getting a new place but real estate is crazy these days and we don't find anything that we like that is under 2.5 million. Our net worth, not counting the value of our current place is a little under 5 million and we are in our late 40s. Wit...
by stan1
Sat Mar 27, 2021 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Owned a home, rented it for 2 years, then sold - Still owe tax?
Replies: 39
Views: 2831

Re: Owned a home, rented it for 2 years, then sold - Still owe tax?

Personally I would go into Forms view and try to analyze the data that was entered to see how the TT came to the conclusion that tax would be owed.

If tax is in fact owed, the state may want its share too.
by stan1
Sat Mar 27, 2021 9:11 am
Forum: Personal Investments
Topic: issue with Vanguard website to select specific lot when selling VTSAX [update]
Replies: 29
Views: 1654

Re: issue with Vanguard website to select specific lot when selling VTSAX [update]

argees wrote: Sat Mar 27, 2021 9:06 am To close the loop. My cost basis issue was fixed on the same day I called Vanguard.
Thanks for letting us know, glad you noticed the problem and that Vanguard fixed it quickly for you.
by stan1
Fri Mar 26, 2021 1:02 pm
Forum: Personal Consumer Issues
Topic: High ranked Univ with liberal arts major or lower ranked school with STEM major
Replies: 121
Views: 8178

Re: High ranked Univ with liberal arts major or lower ranked school with STEM major

Getting down into details that are specific to each university (such as Cal's dual CS degrees of BS in EECS through College of Engineering and BA in CS through College of L&S). In general at Cal the official recommendation has been to go to community college then transfer in as a junior to the p...
by stan1
Fri Mar 26, 2021 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Advice on condo purchase in Manhattan
Replies: 24
Views: 3898

Re: Advice on condo purchase in Manhattan

Family member prefers newer construction. Open to both low rise & high rise as long as there is a doorman. At $500K-750K with monthly costs he can afford? I'd hand this assignment back to the family member. Let the market educate him on the economic principles of supply and demand. Maybe he'll ...
by stan1
Wed Mar 24, 2021 4:36 pm
Forum: Personal Consumer Issues
Topic: Retention of Government Employee E-mails
Replies: 23
Views: 1786

Re: Retention of Government Employee E-mails

Not an attorney, but Personally Identifiable Information (PII) is generally protected from FOIA. If you see FOIA'd documents online you'll see black boxes with a Section number justifying redaction and will not see things like email addresses or phone numbers or other contact information.
by stan1
Tue Mar 23, 2021 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Relocation Benefits?
Replies: 10
Views: 888

Re: Federal Job Relocation Benefits?

Did you apply to an announcement on USA Jobs? Do you have a tentative offer in hand while they do the background investigation? The announcement might have mentioned if Permanent Change of Station or relocation was authorized. Often it is not authorized because it can be expensive. In large areas li...
by stan1
Mon Mar 22, 2021 11:27 pm
Forum: Investing - Theory, News & General
Topic: How Responsive Are Vanguard PAS People?
Replies: 46
Views: 3405

Re: How Responsive Are Vanguard PAS People?

You are not going to get highly personalized and responsive service like you appear to want anywhere at Vanguard (Flagship, Flagship Select, PAS), even with your account balance being mid 7 figures. If you want that you are going to need to pay 1-2% AUM to get someone to hustle for you. Sorry, but ...