Search found 99 matches

by RubyTuesday
Fri Aug 16, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Realizing option value granted as part of compensation
Replies: 11
Views: 484

Re: Realizing option value granted as part of compensation

IMO, It can be very risky having significant value in unexercised but vested RSUs or options. If this becomes a significant portion of your assets, you may want to consider selling/exercising as soon as allowed or hedging positions by selling call options. Having both your salary and wealth all tied...
by RubyTuesday
Thu Aug 08, 2019 5:18 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 143
Views: 14014

Re: What is your hobby and how did it come to be your hobby?

Golf - daily walk 9 holes. Mandolin - mostly bluegrass, old time fiddle tunes, and some jazz. Photography- this is relatively new hobby. Mostly wildlife, some street, and trying astrophotography soon. Games - mostly iPad games (Clash of Clans, Clash Royale, PUBG Mobile) Lockpicking - always wanted t...
by RubyTuesday
Wed Aug 07, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of starting a financial advisory firm
Replies: 30
Views: 2573

Re: Thinking of starting a financial advisory firm

The term “financial advisor” requires no specific credential, so may as well pickup the free certificate of financial advising from John Oliver.

https://twitter.com/LastWeekTonight/sta ... 86624?s=20
by RubyTuesday
Tue Aug 06, 2019 7:13 am
Forum: Personal Consumer Issues
Topic: Shed foundation
Replies: 33
Views: 1950

Re: Shed foundation

No experience, but considered buying similar shed. They have detailed site preparation instructions in installation guide, pages 11-12. They say constructed foundation (4” concrete or wooden) is REQUIRED.

Installation Guide
by RubyTuesday
Tue Aug 06, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Small business being acquired. What to look out for?
Replies: 7
Views: 883

Re: Small business being acquired. What to look out for?

Consult tax advisor and atty for sure. Depending on how his business is structured, there could be large tax consequences of the sale, which could vary depending on structure (e.g. “hot assets” taxed as ordinary income in LLC taxed as partnership). Make sure he understands likely after tax proceeds....
by RubyTuesday
Tue Aug 06, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Small business being acquired. What to look out for?
Replies: 7
Views: 883

Re: Small business being acquired. What to look out for?

Be careful of non-competes and retention agreements. They are likely unavoidable, but could be mitigated with exceptions for constructive termination or reductions in compensation/ benefits, etc.
by RubyTuesday
Mon Aug 05, 2019 8:33 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12560

Re: Buy During This Dip?

The last few days were the first times I was able to TLH in some time. Had exchanged some funds to have more bonds overall, but resulting in buying some new foreign equity positions. Sold yesterday and then again today (well exchanged to be more accurate).
by RubyTuesday
Thu Aug 01, 2019 5:19 pm
Forum: Personal Investments
Topic: Vanguard Frustrations - No Free Trades/Matching Offers
Replies: 75
Views: 3767

Re: Vanguard Frustrations - No Free Trades/Matching Offers

Vanguard would likely prefer you hold their etfs at other brokerages... best of all worlds for them. It’s a small amount of money as you note. I don’t understand why it’s stuck in your crawl. I respect vanguards model, and have never had any customer service complaints. They have seamlessly transfer...
by RubyTuesday
Thu Aug 01, 2019 6:54 am
Forum: Personal Investments
Topic: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?
Replies: 8
Views: 573

Re: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?

Thanks. Already buying the limit for I bonds for MFJ couple, both paper from tax return and electronic for 2 SSNs, though haven’t considered setting up trust or other eligible entity to buy additional. Not sure I’m interested in going to that trouble. I’ll do some more accurate tax estimates under v...
by RubyTuesday
Tue Jul 30, 2019 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Job bankruptcy & Health Insurance
Replies: 4
Views: 505

Re: Job bankruptcy & Health Insurance

That second link appears to be behind a login wall. I reached it through google...
by RubyTuesday
Tue Jul 30, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Job bankruptcy & Health Insurance
Replies: 4
Views: 505

Re: Job bankruptcy & Health Insurance

Help! Pregnant here and need some advice: I am an employee of a company that has filed for bankruptcy and will be completely dissolved and nonexistent by mid-November. My job was providing me and my family health insurance through a PPO plan. I am currently 4 months pregnant and due for a C-section...
by RubyTuesday
Tue Jul 30, 2019 4:47 pm
Forum: Personal Investments
Topic: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?
Replies: 8
Views: 573

Re: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?

Funds in both cases...Vanguard IT Tax Exempt Admiral (VWIUX) vs (most likely) Vanguard Total Bond Admiral (VBTLX). VWIUX SEC yield 1.71%, er 0.09% VBTLX SEC yield 2.5%, er 0.05% To an extent, I can control what tax bracket I’ll be in due to low taxable income before any capital gains harvesting or R...
by RubyTuesday
Tue Jul 30, 2019 7:55 am
Forum: Personal Investments
Topic: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?
Replies: 8
Views: 573

Re: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?

If you are going to have to pay the capital gains eventually, you may as well do it now when you are in a relatively low tax bracket. I'm guessing your bracket may be higher in the future depending on when you claim social security and how large your RMDs are. The only way to avoid taking the gains...
by RubyTuesday
Tue Jul 30, 2019 7:20 am
Forum: Personal Investments
Topic: Tax Free Bonds in Taxable
Replies: 21
Views: 2225

Re: Tax Free Bonds in Taxable

Question, what do you mean in the spreadsheet where you say VTSAX has Annual Capital Gains of 5%? VTSAX being a vanguard mutual fund with an associated etf hasn’t distributed cap gains in memory. It is a pure assumption about how fast the price of a VTSAX share will grow every year on average in th...
by RubyTuesday
Mon Jul 29, 2019 9:52 pm
Forum: Personal Investments
Topic: Tax Free Bonds in Taxable
Replies: 21
Views: 2225

Re: Tax Free Bonds in Taxable

In your tax bracket, I would prefer stocks in an IRA/401(k) and munis in a taxable account, rather than the more common recommendation of bonds in the IRA/401(k) and stocks in a taxable account. (If your taxable account is larger than your target bond allocation, add some US stocks there.) Agreed. ...
by RubyTuesday
Mon Jul 29, 2019 9:37 pm
Forum: Personal Investments
Topic: Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?
Replies: 8
Views: 573

Now in lower tax bracket... exchange bond fund in taxable (with cap gains)?

Trying to wrap my brain around my conundrum. I was in high tax brackets for many years with fairly large taxable acct relative to tax advantaged space, so I had muni bonds in taxable. Now in early retirement, have lower tax bracket (depending on how much cap gains harvesting and Roth conversions I d...
by RubyTuesday
Fri Jul 26, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Way out of financial catastrophe?
Replies: 80
Views: 10729

Re: Way out of financial catastrophe?

What does the pregnant woman (unsure if OP is pregnant or partner is) want to do? What are her priorities and will cause her the least stress during the third and fourth trimesters?? I hope there’s no fourth TRI mester on top of an already stressful situation. Sorry for the mess you’re dealing with...
by RubyTuesday
Thu Jul 25, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Way out of financial catastrophe?
Replies: 80
Views: 10729

Re: Way out of financial catastrophe?

What does the pregnant woman (unsure if OP is pregnant or partner is) want to do? What are her priorities and will cause her the least stress during the third and fourth trimesters?? I hope there’s no fourth TRI mester on top of an already stressful situation. Sorry for the mess you’re dealing with...
by RubyTuesday
Thu Jul 25, 2019 3:41 pm
Forum: Personal Investments
Topic: Setting up for tax loss harvesting
Replies: 9
Views: 709

Re: Setting up for tax loss harvesting

Also, keep in mind that your basis is lower after harvesting losses. So it’s more of a tax arbitrage than tax avoidance (death or donation of shares notwithstanding). You harvest losses, reduce ordinary income by $3k per year at high tax rate and pay (hopefully) lower long term capital gains in the ...
by RubyTuesday
Thu Jul 25, 2019 3:38 pm
Forum: Personal Investments
Topic: Setting up for tax loss harvesting
Replies: 9
Views: 709

Re: Setting up for tax loss harvesting

The $3k limit is the limit that can be used to offset ordinary income per year. Most who TLH will harvest as much as possible immediately if the loss is large enough to warrant the trouble. Unused losses can be carried forward and used every year or used to offset other gains. Make make sure the ass...
by RubyTuesday
Thu Jul 25, 2019 9:03 am
Forum: Personal Consumer Issues
Topic: Do pharmacies single out physician personal profiles?
Replies: 19
Views: 1428

Re: Do pharmacies single out physician personal profiles?

Since you’re a PhD, the nurse who called it in probably said it was for Dr. X... and the pharmacy assumed MD.
by RubyTuesday
Wed Jul 24, 2019 5:31 pm
Forum: Personal Consumer Issues
Topic: Spotting scopes
Replies: 21
Views: 1399

Re: Spotting scopes

B&H Photo and Video has really great return policies and treats clients with a lot of respect in my experience. I’ve bought a lot of high end photography equipment. I once was allowed to return a camera body and 2 lenses AFTER using on a trip, and 60+ days after purchase (normally 30 days return pol...
by RubyTuesday
Tue Jul 23, 2019 7:31 pm
Forum: Personal Investments
Topic: SIMPLE IRA - Transfer of Funds from Edward Jones to Fidelity (Send help!)
Replies: 36
Views: 2501

Re: SIMPLE IRA - Transfer of Funds from Edward Jones to Fidelity (Send help!)

In defense of Edward Jones.....(not something I thought I'd ever say)......you are probably dealing with a local salesman who has little to no understanding of the "big picture" when it comes to SIMPLE IRAs. He may have no idea what Form 5305 is because they use their own forms. He may not know you...
by RubyTuesday
Thu Jul 18, 2019 5:29 pm
Forum: Personal Investments
Topic: Bonds in Roth or Taxable?
Replies: 15
Views: 2362

Re: Bonds in Roth or Taxable?

My intuition is that on a tax-adjusted allocation (same risk) basis, there’s no difference in after tax value of where you hold bonds/equities. The differences come from things like TLH to offset ordinary income, tax arbitrage possibilities (e.g. zero percent LTCG harvesting in low income years), st...
by RubyTuesday
Tue Jul 16, 2019 9:02 pm
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Re: Transitioning to liability driven investment (LDI) approach in early retirement

Yes, I see what you and Pfau mean regarding the coupons. Thanks again!
RY
by RubyTuesday
Tue Jul 16, 2019 5:26 pm
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Re: Transitioning to liability driven investment (LDI) approach in early retirement

Thanks Artsdoctor. I’ve started mapping out floor and aspirational income from now until 85 with sources kicking in at various ages. I’m thinking I’ll start building a 10 year ladder over next five years to cover income about 1/2 way between floor and aspirational from ages 59-69 to get us to SS at ...
by RubyTuesday
Sun Jul 14, 2019 9:00 am
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Re: Transitioning to liability driven investment (LDI) approach in early retirement

Maybe a concrete scenario would be useful... The following values are made up for illustrative purposes! Current assets $3.5 million in portfolio, $500k house owned no mortgage Portfolio currently $2million in taxable, $1million in tax deferred. $500k Roth. Portfolio 65% global equity index funds, 3...
by RubyTuesday
Sun Jul 14, 2019 8:40 am
Forum: Personal Consumer Issues
Topic: Should I knowingly buy a fake antique?
Replies: 26
Views: 2618

Re: Should I knowingly buy a fake antique?

Buy it if you like it, can afford it, and think it’s a reasonable value. If you are disappointed on receipt, and are certain it’s modern, you would be due a refund due to incorrect item description. Also, many sellers are very protective of their ratings and feedback, so you have leverage if dissati...
by RubyTuesday
Sun Jul 14, 2019 8:09 am
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Re: Transitioning to liability driven investment (LDI) approach in early retirement

Using LDI methods to develop a goal based investing strategy is usually based on life-cycle economics of keeping your spending on a fairly smooth path for the rest of your life. The first principle in life-cycle economics is don't retire early - so that goes out the window in your case. :wink: Is t...
by RubyTuesday
Sun Jul 14, 2019 7:42 am
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Re: Transitioning to liability driven investment (LDI) approach in early retirement

This is a very large topic. In your particular case, there are a lot of moving pieces: a pension, social security, and your current situation since you're already retired. If you're really interested in building a liability matching portfolio, I'd suggest that you read Michael Zwecher's book, "Reti...
by RubyTuesday
Sat Jul 13, 2019 7:42 pm
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Re: Transitioning to liability driven investment (LDI) approach in early retirement

... to add... If I’m thinking about this correctly, I assume the model will include: For 2020-2036 (now to age 70 SS benefits): - Floor spending covered by pension and either TIPs fund(s) or ladder - Remaining assets in some combination of global equities and ST and LT TIPs fund(s) / ladder For 2036...
by RubyTuesday
Sat Jul 13, 2019 7:24 pm
Forum: Personal Investments
Topic: Transitioning to liability driven investment (LDI) approach in early retirement
Replies: 10
Views: 981

Transitioning to liability driven investment (LDI) approach in early retirement

I’ve been reading many of the various threads on LDI strategies (BobK posts and threads and linked articles by Merton et al). I’m trying to determine the best way to develop a model/plan to analyze what transitioning to an LDI based approach would look like. My situation: Currently 53, Early retired...
by RubyTuesday
Sun Jun 16, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 50
Views: 4278

Re: Career advice — asking for the “gray hair perspective”

If the revenue stream is that vulnerable, he should be rewarded for “destroying it.” Being last to recognize your obsolescence is death knell.
by RubyTuesday
Sun Jun 16, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice — asking for the “gray hair perspective”
Replies: 50
Views: 4278

Re: Career advice — asking for the “gray hair perspective”

Ultimately leave, but stay employed and continue to hone your skills... I.e. stay true to yourself. That may mean the transfer initially (if viable to continue to work in data and analytics). For many reasons, more difficult to get next job if unemployed.
by RubyTuesday
Thu Jun 13, 2019 9:37 am
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 11494

Re: Retired at 35 and have no friends :(

I started playing golf with a group of guys that play 9 holes daily... usually anywhere from 6-12 of us in an inexpensive skins game. Lots of shooting the bull, trash talking... the group is diverse in age and race, ranging from age 24 (young pro), to 35 (fireman who has 4 days off in a row), to man...
by RubyTuesday
Tue Jun 11, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Shopping insurance? How often?
Replies: 15
Views: 992

Re: Shopping insurance? How often?

Do those of you who quote many carriers every year or so have a streamlined approach of providing the information to receive the quote?

Thanks
RT
by RubyTuesday
Thu Jun 06, 2019 7:05 am
Forum: Investing - Theory, News & General
Topic: What does "risk parity" mean, and what are Wealthfront's aims?
Replies: 12
Views: 2309

Re: What does "risk parity" mean, and what are Wealthfront's aims?

A is part of it, but there's another part that goes to it. Risk parity strategies consider 4 possible economic scenarios; One where inflation is higher vs. lower than expected, and one where economic growth is higher vs. lower than expected. So 4 possible combinations there. And within those 4 poss...
by RubyTuesday
Wed Jun 05, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Ethical dilemma involving birthdays and wine..
Replies: 39
Views: 6542

Re: Ethical dilemma involving birthdays and wine..

Resuscitating this thread after long absence from forum. I did not do anything :P (well other than enjoying the wine :beer ) Ultimately thought Meg77’s response made the most sense given my knowledge of their firm and the principal involved. Have to admit, the I enjoyed lhl12’s response the most, :t...
by RubyTuesday
Tue Apr 30, 2019 8:56 am
Forum: Personal Investments
Topic: Treasury Direct Online Need Paperwork?!
Replies: 1
Views: 331

Re: Treasury Direct Online Need Paperwork?!

You should be able to purchase it in your individual account as a gift for the entity. Once the entity account is established you would deliver the gift.

Also, they can probably help by phone.
RT
by RubyTuesday
Tue Apr 30, 2019 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Rolled over and melting down
Replies: 72
Views: 7173

Re: Rolled over and melting down

I highly suspect you will be able to move your rollover out of TIAA once the dust settles. Focus on getting things sorted at TIAA and then move if you still want.

If you need statements, rest assured Merrill hasn’t shredded your statements. Call them.
by RubyTuesday
Mon Apr 29, 2019 8:06 pm
Forum: Personal Investments
Topic: Discount rate for present value of state pension
Replies: 6
Views: 455

Re: Discount rate for present value of state pension

Thoughts on the appropriate discount rate or validity of the approach? Obviously just an opinion since this is just attempting to predict the future, but my answer would certainly depend on your ages. Pensions rarely account for relevant age impacts for spousal benefits so this could be a huge fact...
by RubyTuesday
Mon Apr 29, 2019 8:02 pm
Forum: Personal Investments
Topic: Discount rate for present value of state pension
Replies: 6
Views: 455

Re: Discount rate for present value of state pension

I think using CPI makes sense. However, since you don't know what CPI will be, run some different scenarios and see what happens under each. Yeah, running scenarios with discount rate from 1-7%. For the most part, old plan with 4% guaranteed COLA until 1.65% COLA cap wins if CPI increases at 3% or ...
by RubyTuesday
Mon Apr 29, 2019 1:34 pm
Forum: Personal Investments
Topic: Discount rate for present value of state pension
Replies: 6
Views: 455

Discount rate for present value of state pension

Hi, First, the setup...I endeavor to compare the net present value (NPV) of two different state pension schemes that my DW is eligible to retire under. The plans have very different designs with respect to several key features: - New Plan has a temporary benefit that ends at age 62 (about 8 years) a...
by RubyTuesday
Sat Apr 27, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: HSA: using check to transfer
Replies: 1
Views: 186

Re: HSA: using check to transfer

Ok, did a better search and see that this topic has been covered in depth. No replies necessary.

RT
by RubyTuesday
Sat Apr 27, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: HSA: using check to transfer
Replies: 1
Views: 186

HSA: using check to transfer

I’m setting up Fidelity HSA and intend to fund through transfer from existing HSA provider, who charges $25 for trustee-to-trustee transfer. Is it possible to simply use the checks provided by existing HSA provider to transfer complete balance? I would subsequently close the old account and avoid th...
by RubyTuesday
Mon Feb 05, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 19553

Re: Vanguard site is crashed now?

Ladies and gentlemen who couldn't reach Vanguard: Were we market timing? Shame! :mrgreen: Exactly! Why would you need to do something today in the down market unless you are a MARKET TIMER? That is NOT "staying the course". I think some people on this site really do not buy into the philosophy. Tha...
by RubyTuesday
Mon Feb 05, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 19553

Re: Vanguard site is crashed now?

Ladies and gentlemen who couldn't reach Vanguard: Were we market timing? Shame! :mrgreen: More like market reminding... noticed it was down, thought, hmm did I make my Backdoor Roth yet? Maybe I should make it and look for TLH opportunities today (no TLH for stocks, but small amount to TLH in bonds...
by RubyTuesday
Mon Feb 05, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 19553

Re: Vanguard site is crashed now?

I would bet traffic at Amazon.com was higher today and much higher on cyber Monday, and they didn’t crash. Pretty disappointing that VG can’t handle client traffic.

RT
by RubyTuesday
Mon Feb 05, 2018 4:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 19553

Re: Vanguard site is crashed now?

I was able to get in and make contribution to ira’s and then it went down... pretty disappointing that they can’t handle a little panic trading and calls...