Search found 5044 matches

by mhalley
Fri Oct 20, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Best no sweat athletic/work socks
Replies: 2
Views: 192

Re: Best no sweat athletic/work socks

I always wore cheap socks and I was recently trying out some new ones instead of the standard gold toe or whatever. I did some reading, and there are several suggestions for this. First, there is merino wool. Next, is synthetics such as coolmax or drymax. Third is bamboo. I tried out all three, and ...
by mhalley
Fri Oct 20, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Charles schwab - why so much cheaper?
Replies: 22
Views: 2399

Re: Charles schwab - why so much cheaper?

I think a more worrying prospect is that you go to schwab or fidelity due to their lower er fees, and eventually (mental decline, you die and spouse with less investing knowledge has to take over, etc) you get talked into moving from their low fee index funds into an aum or managed account with much...
by mhalley
Thu Oct 19, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance gap quandry
Replies: 3
Views: 323

Re: Health insurance gap quandry

Deleted
by mhalley
Thu Oct 19, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Back Door Roth IRA – is it worth paying taxes now on gains?
Replies: 5
Views: 439

Re: Back Door Roth IRA – is it worth paying taxes now on gains?

I think the general rule of thumb is delay taxes as much as possible. This allows those extra dollars to compound for the next 30 years.If you can transfer the Ira to your 401k, I would do that.
by mhalley
Thu Oct 19, 2017 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: I need help with our Fidelity accounts
Replies: 23
Views: 1579

Re: I need help with our Fidelity accounts

The advisor at Vanguard is called Personal Advisory Service (PAS). As mentioned, they charge 0.3 percent. They give you a portfolio that is very similar to their target reirement funds, with occ small variations.. 50k minimum to start I believe. Multiple threads here. https://investor.vanguard.com/f...
by mhalley
Thu Oct 19, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: How to rent a house? (I'm the renter.)
Replies: 9
Views: 542

Re: How to rent a house? (I'm the renter.)

Another option would be to contact a realtor in the area that does rentals.
by mhalley
Thu Oct 19, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: How to rent a house? (I'm the renter.)
Replies: 9
Views: 542

Re: How to rent a house? (I'm the renter.)

I imagine this has changed a lot due to the Internet. You might start with realtor.com and Zillow.com rentals. They will want your personal info including ssn to run a credit report on you. Then first,last months rent and security deposit. Another option would be Airbnb for a short term rental while...
by mhalley
Thu Oct 19, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: receiving 'used' items from Ebay purchase....frustrating
Replies: 22
Views: 2086

Re: receiving 'used' items from Ebay purchase....frustrating

Yes, this is one of the reasons I remain a loyal Amazon customer. I know I could find cheaper prices out there, but the customer service is great.
by mhalley
Thu Oct 19, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: I need help with our Fidelity accounts
Replies: 23
Views: 1579

Re: I need help with our Fidelity accounts

I think that this is one of the reasons that bogleheads are such Vanguard diehards. We all know that you can create a great portfolio at both Schwab and Fidelity, but they also have a “dark” side that can lead to high fees. And even if you go with the vanguard management, the most you will be out is...
by mhalley
Thu Oct 19, 2017 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Think I froze credit... any reason not to apply for credit to test?
Replies: 12
Views: 1250

Re: Think I froze credit... any reason not to apply for credit to test?

Wouldn’t trying to freeze the credit over the phone tell you if it is frozen or not? If it is not frozen, go ahead and proceed with the freeze. If frozen, then you would need to get your pin by snail mail. But if it is frozen, you should have received a pin in the mail and a letter saying it was fro...
by mhalley
Tue Oct 17, 2017 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Issue freezing credit reports with 2 out of 3 credit reporters. Help????
Replies: 6
Views: 697

Re: Issue freezing credit reports with 2 out of 3 credit reporters. Help????

Credit reports are based on your ssn. If you don’t want to give it to someone over the phone and you can’t do it online, the only other way to get a credit freeze is to send the information by snail mail. I did see an option to upload the supporting donuments online with one of the cos, but could no...
by mhalley
Mon Oct 16, 2017 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Is my prudential account worth the fees?
Replies: 22
Views: 1632

Re: Is my prudential account worth the fees?

As a general rule of thumb. 401k deferral beats taxable investing until the expense ratios go above 1.7. The wiki goes through some math to arrive at this break point. . A reasonable rule-of-thumb is to consider investing in a taxable account if the product of the extra costs and the number of years...
by mhalley
Mon Oct 16, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Credit protection for children?
Replies: 5
Views: 435

Re: Credit protection for children?

Children are at actually higher risk for identity theft, so if your state allows it having their credit frozen would be a good idea. From Clark.com: .According to the Identity Theft Resource Center, kids are 51 times more likely to be the subject of identity theft than adults! Another study found th...
by mhalley
Mon Oct 16, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving American Funds Roth IRA in (Class A Shares Growth Fund).
Replies: 10
Views: 657

Re: Leaving American Funds Roth IRA in (Class A Shares Growth Fund).

Since vanguard has a 3k minimum on most funds, you could only put it in one fund, ie, you could not do the 3 fund portfolio. Target retirement or life strategy funds will allow you to get a lot of diversification in one fund, look at the makeup of the fund, not just the year to achieve the asset all...
by mhalley
Mon Oct 16, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 12
Views: 1072

Re: Hold bonds in taxable or tax-deferred accounts? I am confused

It depend on your goals, plus the amount of tax deferred space you have. One of my goals is to live off my taxable accounts as long as possible before accessing my tax deferred accounts, so I decided that I would not like a 40% drop in my account that I was drawing down. This decreases my taxable in...
by mhalley
Mon Oct 16, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?
Replies: 23
Views: 1147

Re: Is it possible to have a Traditional 401(k), Roth 401(k), Traditional IRA, and a Roth IRA account at the same time?

It could get even more complicated, say you start a small business on the side, and start a solo 401k, or get a part time job and get a 403b, then open an HSA, and your wife goes to work and has all the above too.
by mhalley
Sun Oct 15, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: ACA Subsidies / HSA accounts / advance premium subsidies / Questions
Replies: 18
Views: 1637

Re: ACA Subsidies / HSA accounts / advance premium subsidies / Questions

I am not sure of the answer but can hopefully direct you to an expert. There is a show on Doctor Radio on SiriusXM that discusses health insurance. You could either call in to the show or email Andrew Rubin a question. They seem to be very up to date on the ins and outs of health insurance. http://r...
by mhalley
Sun Oct 15, 2017 12:39 am
Forum: Investing - Theory, News & General
Topic: old 401k transfer to new 401k or trad ira?
Replies: 8
Views: 583

Re: old 401k transfer to new 401k or trad ira?

Pluses and minuses: Transfer: plusses-simplicity, greater creditor protection. Minuses:Possibility that 401k transferred to higher cost provider. Limited number of options. IRA: Plusses-potentially cheaper. Possibility of rolling into Roth during low income period Minuses: unable to do backdoor Roth...
by mhalley
Sat Oct 14, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Upcoming Roth Contribution for 2018
Replies: 4
Views: 717

Re: Upcoming Roth Contribution for 2018

I’m not sure where you are getting the returns are similar, Wellington has outperformed balanced index by about 1 percent I believe. As always, whether a managed fund can continue to outperform is unknowable.
by mhalley
Sat Oct 14, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Medical Resident Investment Allocation
Replies: 1
Views: 200

Re: Medical Resident Investment Allocation

250k? That seems awfully low, especially if you are going to be invasive. Otherwise the plan seems fine.
by mhalley
Thu Oct 12, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: A good value wine I found...
Replies: 22
Views: 2522

Re: A good value wine I found...

I’m not a wine drinker, but came accross an article recently that said putting cheap wine in the blender for 30 seconds resulted in a great improvement in the taste. Some compare it to 5 years of aging, so a short term investment gives a medium term return. https://lifehacker.com/5895929/hyperdecant...
by mhalley
Mon Oct 09, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13710

Re: [Boglehead vs Mr Money Mustache philosophies]

I would say bogleheads desire to live a “normal” lifestyle, ie, car, own their own home, desire to live a middle class to upper middle class lifestyle, expect to retire a Little early (say 50-60) with a very substantial nest egg. Savings rate in the 15-30% range. Mustachians live extremely modest li...
by mhalley
Mon Oct 09, 2017 10:49 am
Forum: Investing - Theory, News & General
Topic: Financial Calculations for Boglehead Presentation
Replies: 14
Views: 1494

Re: Financial Calculations for Boglehead Presentation

Just curious, what exactly is the most sophisticated approach to debt payoff? I thought you were talking about debt avalanche vs debt snowball vs minimum payments, but sounds like there is another method I am missing? Taking taxes into account?
by mhalley
Mon Oct 09, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I drop bonds in my AA?
Replies: 2
Views: 408

Re: Should I drop bonds in my AA?

Generally cash is used for short term needs (emergency funds, money needed within 5 years ). I generally don’t consider these as part of my asset allocation. If you subtract these short term needs, then what is your asset allocation? Without knowing your age, net worth, etc, hard to make recommendat...
by mhalley
Mon Oct 09, 2017 12:11 am
Forum: Investing - Theory, News & General
Topic: Financial Calculations for Boglehead Presentation
Replies: 14
Views: 1494

Re: Financial Calculations for Boglehead Presentation

If it is for younger investors, how about using an app? A cursory glance at the App Store shows numerous apps that will use the debt snowball, debt avalanche and minimum payment strategy. Here is the description for one such app Debt Control uses the snowball method of debt reduction like the other ...
by mhalley
Sun Oct 08, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Risk of Long Term Government Bond Index Fund (VLGSX)
Replies: 12
Views: 843

Re: Risk of Long Term Government Bond Index Fund (VLGSX)

I don’t think the individual bond will go to zero, because you still get the principal back if held to maturity. With a bond fund, the fund will be buying higher yielding bonds each year, so you will get a little more yield each year.
by mhalley
Sun Oct 08, 2017 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Options in Fidelity Brokerage Account
Replies: 15
Views: 801

Re: Help with Options in Fidelity Brokerage Account

In a taxable account you would want to steer clear of actively managed funds. If you review the wiki on tax effecient fund placement, you can see where various funds are best located. https://www.bogleheads.org/wiki/Tax-efficient_fund_placement There is no need to look beyond fidelity funds as they ...
by mhalley
Sun Oct 08, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: WiFi [extender]
Replies: 56
Views: 4329

Re: WiFi

The latest thing is to use the new mesh network. I have no personal experience. I used a regular range extender for a while but it wasn’t great. Eventually I upgraded my regular router and the signal was better with it. I finally got a power line adapter and switch and plugged my TiVo and ps4 etc in...
by mhalley
Sat Oct 07, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Closing Whole Life Insurance Question
Replies: 4
Views: 427

Re: Closing Whole Life Insurance Question

It is unlikely that you will owe taxes when you cash out your wl policies. If you haven’t done so yet, put the money in roths for you and spouse, otherwise invest it in taxable, or use it for expenses to cover increasing your tsp contribution. Usaa is great, just shop around to get the best deal. An...
by mhalley
Sat Oct 07, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: I could use some advice on my IRA situation. Not sure what to do.
Replies: 15
Views: 1356

Re: I could use some advice on my IRA situation. Not sure what to do.

A big part of the decision is if you want to do backdoor roths yearly going forward. You also might use one of the calculators.

http://www.schwab.com/public/schwab/inv ... conversion
by mhalley
Fri Oct 06, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA conversion my only "income" and when/how to pay taxes
Replies: 8
Views: 673

Re: Roth IRA conversion my only "income" and when/how to pay taxes

If 22k is your entire income, you should get a refund. Run taxcaster to be sure. https://turbotax.intuit.com/tax-tools/calculators/taxcaster/ If you had owed taxes, then you should have paid quarterly estimated taxes. https://turbotax.intuit.com/tax-tools/tax-tips/Small-Business-Taxes/Estimated-Taxe...
by mhalley
Fri Oct 06, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 52
Views: 3126

Re: Password Protection

The first decision to make is do you want your data in the cloud or on your computer. Cloud is more convenient for multiple devices, but you have to worry about Dropbox or whatever being hacked. I decided to keep the data on my devices, so I chose KEEpass.
by mhalley
Fri Oct 06, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Retirees, how and how much do you pay for health insurance?
Replies: 33
Views: 3968

Re: Retirees, how and how much do you pay for health insurance?

Wife and I both 62, no subsidy, non hsa compliant bronze plan, 6500 deductable, 2008 a month. I wanted an hsa compliant plan, but it was 2500 a month. Next year prices not known yet.
by mhalley
Thu Oct 05, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help with inheritance investing. Pay down mortgage on rental property?
Replies: 8
Views: 460

Re: Help with inheritance investing. Pay down mortgage on rental property?

I don’t particularly like the idea of having a paid off rental yet having a mortgage on your personal residence. I don’t know that much about rental properties, but clearing 10 k a year on 520k property seems low to me. I would say invest it. Maybe refi primary and rental mortgage to 15 year, pay en...
by mhalley
Thu Oct 05, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Transunion Credit freeze
Replies: 5
Views: 438

Re: Transunion Credit freeze

Yes, had to create account for me and wife.
by mhalley
Thu Oct 05, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 224
Views: 26155

Re: Retirement Account Stolen by Identity theft

Because of this thread I decided to double check my accounts text alerts and discovered that I had not completed the setup on one of my accounts. :oops: so if you have not double checked your account settings, you might do that to make sure they are enabled.
by mhalley
Thu Oct 05, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: partial 401k to IRA questions
Replies: 5
Views: 337

Re: partial 401k to IRA questions

It depends on the plan whether you can make a partial rollover. After I retired, my 401k plan was all or none. You need to call hr or look at your plan documents to determine if partial rollovers are allowed. If allowed, then it is reasonable to do a partial rollover to reduce fees while maintaining...
by mhalley
Thu Oct 05, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Newsletter vs. Indexing
Replies: 8
Views: 743

Re: Newsletter vs. Indexing

Certainly it is possible that the newsletter outperformed for the last five years. The question is, will it repeat this for the next 5,10,30 years? There will always be certain funds that outperform. But there is usually reversion to the mean eventually. ...how should intelligent investors who selec...
by mhalley
Wed Oct 04, 2017 7:51 pm
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3229

Re: Throwing Down with a Primerica Advisor

You can use portfolio visualizer but it shows aceix wins at 9.66 vs 9.45% since 1993 IF you just use a starting balance of 10k. https://www.portfoliovisualizer.com/backtest-portfolio BUT, if you start with 10k and put in money annually (I picked $5500, as you would do with an IRA) then you get total...
by mhalley
Wed Oct 04, 2017 6:03 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 50
Views: 6265

Re: MoviePass-Too good to be true, but it's legit.

I signed up for this when they first announced the 10 dollar plan, but have yet to receive anything from them. Perhaps it didn't go through as I never got an email acknowledgement either. Anyone else sign up and not get it?
by mhalley
Wed Oct 04, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: How to improve credit score
Replies: 23
Views: 1309

Re: How to improve credit score

I suppose you could take out a loan and then pay it off in a month or so, but I wouldn't do it just to increase your credit score. 13 years is pretty long, I would do the credit karma and double check credit reports for inaccuracies.
by mhalley
Wed Oct 04, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: TV DVR Dilemnia: OTA or Satellite
Replies: 11
Views: 900

Re: TV DVR Dilemnia: OTA or Satellite

Another option might be to buy a used TiVo with lifetime subscription. You can get a premier for about 120 I think on eBay. What kind of device do you have that is broken? If it is a TiVo, maybe you could fix it by checking out weakknees. https://www.weaknees.com/flat-fee-tivo-repair.php?gclid=Cj0KE...
by mhalley
Wed Oct 04, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1393

Re: How much should an 18 year old keep in bonds?

I haven’t taken every boglehead post that mentioned their international stock percentage and ran it through a spreadsheet, but after many years of reading the site that is my overall impression. Vanguard has increased their recommendations for international stocks over the years, plus added internat...
by mhalley
Wed Oct 04, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1393

Re: How much should an 18 year old keep in bonds?

This is a personal decision based on risk tolerance. At a young age, anything between 100 % to 80% is reasonable. The target retirement funds pick 90%. 50/50 us/international is a little high on the international side. Most bogleheads would recommend between 20 to 40% of equities in international. T...
by mhalley
Wed Oct 04, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in Both 401K and Taxable?
Replies: 9
Views: 626

Re: Bonds in Both 401K and Taxable?

I chose to have munis in taxable and taxable bonds in tax deferred. With the yields so low, it is not the clear no no it used to be. Check out wci take on it here

https://www.whitecoatinvestor.com/asset ... n-taxable/
by mhalley
Wed Oct 04, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Simple Notebook/laptop
Replies: 58
Views: 3053

Re: Simple Notebook/laptop

Seconding the chromebook. They generally have great deals on these for Black Friday if you can wait. Of course she needs access to the internet for it to work.
by mhalley
Wed Oct 04, 2017 11:00 am
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed by the transition to Vanguard from active management
Replies: 2
Views: 568

Re: Overwhelmed by the transition to Vanguard from active management

These are INDIVIDUAL retirement accounts, so what one spouse has does not affect the other one. So if he has prorated restrictions due to a simple IRA, she does not, therefore she can do the backdoor Roth. At the 28% bracket, munis in taxable make sense. If you have had them for a while, they are pr...
by mhalley
Wed Oct 04, 2017 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Equifax to offer free “credit freeze” for life
Replies: 43
Views: 3527

Re: Equifax to offer free “credit freeze” for l

I can’t see the 3 companies working close enough to enable an all in one function. They are competitors, after all. I suppose technically they could do it, but there might be liability issues, say someone’s experion freeze is compromized and this causes the other two to be thawed, resulting in ident...
by mhalley
Tue Oct 03, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 224
Views: 26155

Re: Identity theft

I would imagine that with this degree of sophistication of identity theft it would be child’s play for the thief to create a drivers license or other form of id to show the notary. Or, how hard could it be to create a notary stamp? Everyone complains about the medallion signature guarantee, but I wo...
by mhalley
Tue Oct 03, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3694

Re: Chickened out... Now unsure where to start.

When worried about world events, remember that we have weathered the Great Depression, two world wars, the Cold War, Korea and Vietnam, 9/11, the war on terror, the real estate bust, the dot com bust, etc, etc. aside from ww3, I don’t know how things could get much worse.