Search found 6329 matches

by mhalley
Tue Dec 18, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: I have some $ sitting lazily - advice please
Replies: 9
Views: 668

Re: I have some $ sitting lazily - advice please

The general market movement is up 60% of the time, so the go to advice is time in the market as opposed to timing the market. With the way the markets have been going, I wouldn’t blame you for dca the idle money.
by mhalley
Tue Dec 18, 2018 10:45 pm
Forum: Personal Consumer Issues
Topic: Buyer's Remorse on purchasing a Mercedes
Replies: 45
Views: 2787

Re: Buyer's Remorse on purchasing a Mercedes

Another vote for selling. Have you increased your deductable to the maximum allowable?
by mhalley
Tue Dec 18, 2018 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation help
Replies: 2
Views: 149

Re: Asset allocation help

There is nothing wrong with the way you are investing. I don’t like balanced funds in taxable accounts, but if you aren’t in super high brackets it might work. Picking the stock to bond ratio is one of the most difficult things about investing. You can do the questionairres, but you have to live thr...
by mhalley
Tue Dec 18, 2018 7:03 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 37
Views: 3750

Re: I feel cheated, saved too much in 401K vs cash.

Having some money in taxable is reasonable. If you are not a high earner, the 401k deduction is not as helpful, you could always cut back say 5% and put it in taxable. Would it result in a little less money in retirement? Perhaps. But it is personal finance, and if having some taxable investments ma...
by mhalley
Tue Dec 18, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Interior repaint frequency?
Replies: 13
Views: 818

Re: Interior repaint frequency?

Our hallways have needed repainting for years, but we are unwilling to put up with the chaos involved in redoing the paint.
by mhalley
Tue Dec 18, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent loss mistake from tax harvesting involving IRA distributions?
Replies: 5
Views: 255

Re: Permanent loss mistake from tax harvesting involving IRA distributions?

If they follow different indexes, then they are not substantially identical imo ianal/cpa. Post the tickers for more opinions on whether they are s.i. My understanding is that wash sales are not high on the irs list of infractions. This thread discusses wash sales. It comes down to whether you want ...
by mhalley
Tue Dec 18, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Car Accident Help - Part Backordered and Insurance Refusing to Pay Continued Rental
Replies: 11
Views: 509

Re: Car Accident Help - Part Backordered and Insurance Refusing to Pay Continued Rental

Can they not put the damaged part back on to allow you to drive it until the part comes in?
by mhalley
Tue Dec 18, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Permanent loss mistake from tax harvesting involving IRA distributions?
Replies: 5
Views: 255

Re: Permanent loss mistake from tax harvesting involving IRA distributions?

You don’t invalidate the entire $5000 loss, only the number of shares that were purchased by reinvestment are disallowed.
by mhalley
Tue Dec 18, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: General liability / malpractise insurance w/umbrella
Replies: 1
Views: 121

Re: General liability / malpractise insurance w/umbrella

That doesn’t sound right. If you need the new 1/3 million policy, then would cancel the 1/2 million policy. Depending on the type, then you might need to buy tail coverage for the original policy, Why do you want to increase the limit? You might make yourself more of a target if the pockets get too ...
by mhalley
Tue Dec 18, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: 2018 Investment newbie, questions on Risk Tolerance, fix a mistake in my 401k, and bond % for my needs
Replies: 2
Views: 155

Re: 2018 Investment newbie, questions on Risk Tolerance, fix a mistake in my 401k, and bond % for my needs

When correcting a mistake you made before seeing the boglehead light, it is best to just do it all at once in accounts that do not have tax consequences. You have no idea when or if the stock will recover. Keeping 10% of stocks or less is ok if you still believe in the stock, but if you wouldn’t buy...
by mhalley
Tue Dec 18, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: 401k Wiki suggestion [Rating your 401k expense ratio]
Replies: 3
Views: 152

401k Wiki suggestion [Rating your 401k expense ratio]

We see lots of people posting on the forum about their 401k being bad, but then it turns out that the fees and or ers are actually not that bad. I was thinking that we could add some language to rate 401ks by er so people don’t think their 401k is horrible because they are paying something like 0.5%...
by mhalley
Tue Dec 18, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - need an extra account?
Replies: 15
Views: 455

Re: Backdoor Roth IRA - need an extra account?

With only 5500 in the Ira, I would just convert it and be done and ready for future backdoor roths going forward.
by mhalley
Tue Dec 18, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Disney/Univ Studio in Spring Break - is it crowded?
Replies: 36
Views: 1071

Re: Disney/Univ Studio in Spring Break - is it crowded?

Lots of these places are using demand pricing. If they increased the price, that probably means there is lots of demand.
by mhalley
Tue Dec 18, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 60
Views: 4435

Re: Mr. Money Mustache, SWR, and equity allocation

MMM has lots of articles so am not sure which one you are referring to. This one discusses adding ss, variable withdrawal rate and part time income to get to the 5% being safe. http://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ I think a lot of people don’t figure ss into t...
by mhalley
Tue Dec 18, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: 3/4/5 Fund Portfolio?
Replies: 12
Views: 1633

Re: 3/4/5 Fund Portfolio?

Any portfolio position less than 5% will have negligible impact on returns and add unnecessary complexity.
by mhalley
Tue Dec 18, 2018 12:22 am
Forum: Investing - Help with Personal Investments
Topic: The 4% rule
Replies: 31
Views: 2627

Re: The 4% rule

I believe the latest trinity study update shows 100% stocks has a 97% 30yr success rate, and 50% has a100% rate. A sudden drop in the market just before or after retirement is known as sequence of returns risk. There are many articles on how to mitigate this. http://www.livefreemd.com/dont-lose-your...
by mhalley
Mon Dec 17, 2018 11:57 pm
Forum: Personal Consumer Issues
Topic: Is Liquid Plumber / Draino bad for the pipes?
Replies: 37
Views: 3042

Re: Is Liquid Plumber / Draino bad for the pipes?

Did he go through the overflow plate instead of the drain? The secret to auger is slow steady pressure while cranking. Don’t try to go to pofar at once, say 5-6 inches at a time. If you can’t get through with a hand auger, you could rent a power one if you feel up to the attempt but a plumber might ...
by mhalley
Mon Dec 17, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett suggests you read this 19th century poem when the market is tanking"
Replies: 28
Views: 3745

Re: "Warren Buffett suggests you read this 19th century poem when the market is tanking"

If you don’t want to go to the link. If, by Rudyayd Kipling . If you can keep your head when all about you are losing theirs ... If you can wait and not be tired by waiting ... If you can think – and not make thoughts your aim ... If you can trust yourself when all men doubt you ... Yours is the Ear...
by mhalley
Mon Dec 17, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: POAGX [PRIMECAP Odyssey Aggressive Growth] down over 9% today
Replies: 20
Views: 1236

Re: POAGX [PRIMECAP Odyssey Aggressive Growth] down over 9% today

Most of the time a sudden loss greater than the market is due to dividends. Today is the dividend date. http://www.primecapmanagement.com/prices_and_performance/distribution_information.html . For 2018, the ex-dividend date for each Odyssey Fund is December 17, 2018. On the ex-dividend date, each Fu...
by mhalley
Mon Dec 17, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Another Tax Loss Harvesting Question
Replies: 3
Views: 208

Re: Another Tax Loss Harvesting Question

If you plan on doing tlh, you are really better off to use individual funds rather than blended funds. In addition, by going to a s and p fund, you are drastically changing your aa. At the end of thirty days, you could have gains that will negate the benefit of the tax loss harvesting, making it dif...
by mhalley
Mon Dec 17, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Got into Investing; Wanted to Move to Vanguard from MS
Replies: 9
Views: 675

Re: Recently Got into Investing; Wanted to Move to Vanguard from MS

No one knows tickers (except for a few vanguard ones) so if you put the fund names and ers in the original post you will get more informed answers. But irregardless, transferring to avoid aum fees is a great idea.
by mhalley
Mon Dec 17, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Received letter from IRS saying I owe penalty charges from a foreign gift
Replies: 24
Views: 2721

Re: Received letter from IRS saying I owe penalty charges from a foreign gift

Can you get a copy of your returns from 2017 from the irs to see if they actually received the form? From irs.gov .There are many reasons why you may need a copy of your tax return information from a prior year. Transcripts are free and available for the most current tax year after the IRS has proce...
by mhalley
Mon Dec 17, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Credit utilization impact on canceling credit cards
Replies: 18
Views: 567

Re: Credit utilization impact on canceling credit cards

If you are not applying for a mortgage or car loan in the next year any dip should recover. But I don’t think it will go down too much, I think 30% utilization is when it takes a hit. I don’t know when the cancellation will show up. You could always apply for a new cc to increase the available credi...
by mhalley
Mon Dec 17, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: qualified dividends and TLH
Replies: 4
Views: 145

Re: qualified dividends and TLH

Where did the divided go? Reinvestment if dividends should be turned off when doing tlh.
by mhalley
Mon Dec 17, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: TLH - need reassurance.... what did I miss?
Replies: 16
Views: 934

Re: TLH - need reassurance.... what did I miss?

.Changed my dividend and capital gains from auto invest to send to my bank. This I will invest manually on a quarterly basis or so.
If you are going to reinvest quarterly why not put it in settlement fund or prime money market? It will most likely earn more interest than at your bank.
by mhalley
Mon Dec 17, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Mistake while tax loss harvesting
Replies: 4
Views: 309

Re: Mistake while tax loss harvesting

A partial wash sale only negates thr benefit if the few shares you purchased 29 days ago, you still get the benefit of the rest of the shares. . An individual wash sale that might result from an automated investment service trading a similar security to one you trade in another account does not comp...
by mhalley
Mon Dec 17, 2018 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Unwinding Separately Managed Accounts
Replies: 1
Views: 198

Re: Unwinding Separately Managed Accounts

Welcome to the forum. I would imagine it is as simple as calling or emailing the fa, telling him he is not to buy or sell any assets. It depends on the brokerage, but some do allow you to turn off the advisor and keep the account. At the same time, create your vanguard, fidelity or schwab account an...
by mhalley
Sun Dec 16, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 4 fund strategy - please correct as needed
Replies: 2
Views: 323

Re: Help with 4 fund strategy - please correct as needed

Vanguard has made most investor funds admiral, so you only need 3k now. Etf vs mf doesn’t really matter, but it is much simpler to go mf as you don’t have to deal with bud ask spreads. Plus no factional shares with etf. From the wiki . The choice might not be very important: the contrast as presente...
by mhalley
Sun Dec 16, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Verizon prepaid to ?
Replies: 1
Views: 265

Re: Verizon prepaid to ?

by mhalley
Sun Dec 16, 2018 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Question - Simple
Replies: 14
Views: 916

Re: Tax Loss Harvesting Question - Simple

Forgot to mention that if you do go into a new fund, don’t “buy the dividend”.

https://investor.vanguard.com/investing ... g-dividend
by mhalley
Sun Dec 16, 2018 5:48 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Question - Simple
Replies: 14
Views: 916

Re: Tax Loss Harvesting Question - Simple

Yes, that is all there is to it. In general, bogleheads exchange into another fund so we don’t have time out of the market. POF has a good guide here:

https://www.physicianonfire.com/tax-los ... -vanguard/
by mhalley
Sun Dec 16, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall - Stick with Current Investments or Shift to Lazy 3
Replies: 7
Views: 907

Re: Windfall - Stick with Current Investments or Shift to Lazy 3

Schwab is pushing Thomas to make huge fees off you, plusyou don’t want dividend funds in a taxable account. If you are happy with the int portfolio keep with it, otherwise use the 3 fund portfolio. From Thomas partners website .Investment minimum and fees. The minimum investment is $100,000. Amount ...
by mhalley
Sat Dec 15, 2018 11:48 pm
Forum: Personal Consumer Issues
Topic: Small difference between medicare and own insurance
Replies: 5
Views: 513

Re: Small difference between medicare and own insurance

Insurance varies widely by zip code and if you have workplace plans available. At 64, my wife and I will pay 2861 a month next year for unsubsudized bronze hsa plan until Medicare kicks in, at which point it will be a heck if a lot cheaper.
by mhalley
Sat Dec 15, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Schwab to another bank
Replies: 36
Views: 1787

Re: Moving from Schwab to another bank

There are other ways to deposit cash besides money orders. I think Clark Howard had recommended the bluebird card to easily put cash into online accounts with no fees. You need to go to Walmart to put the cash on the card. https://www.nerdwallet.com/blog/banking/bluebird-prepaid-debit-card-review/ h...
by mhalley
Sat Dec 15, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: New Physician-Need Advice
Replies: 8
Views: 910

Re: New Physician-Need Advice

Read wci post on debt payoff vs investing. https://www.whitecoatinvestor.com/student-loans-vs-investing/ . I suggest you use the following list of loan/investing priorities: 1) Pay off high interest debt. Any credit cards or consumer debt at 8% or higher should be paid off ASAP. Honestly you should ...
by mhalley
Sat Dec 15, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Has anyone used Heal? [Doctor housecall app]
Replies: 14
Views: 1072

Re: Has anyone used Heal? [Doctor housecall app]

The key here is how much work the doc has to do. To make that much, the fp probably needs to see a patient every 30 minutes in the office. A lot more than 12 a day, (all the overhead for the office, staff, supplies, benefits, etc).I would imagine most of the docs would be wanting to work part time a...
by mhalley
Sat Dec 15, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding dividends (NRA in SG)
Replies: 18
Views: 1221

Re: Understanding dividends

This site discusses dividends. Stock Dividends are all or nothing, no pro rating. https://www.investor.gov/additional-resources/general-resources/glossary/ex-dividend-dates-when-are-you-entitled-stock-cash Bogleheads also prefer the total return approach over dividends. Check out the vanguard white ...
by mhalley
Sat Dec 15, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Annoyingly Expensive HP Ink Cartridges
Replies: 34
Views: 2491

Re: Annoyingly Expensive HP Ink Cartridges

Look at it as if you are becoming a boglehead. You made a mistake and purchased high er funds (hp printer) and now you wised up and are changing to low er funds (laser or the eco tank style inkjets) https://www.consumerreports.org/printers/most-cost-efficient-inkjet-printers/ https://clark.com/techn...
by mhalley
Sat Dec 15, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding underpayment penalty
Replies: 22
Views: 2019

Re: Avoiding underpayment penalty

You can always make an estimated tax payment in January to get you to the amount that eliminates penalties.
by mhalley
Fri Dec 14, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Homeowner Insurance Deductible Amount?
Replies: 19
Views: 1175

Re: Homeowner Insurance Deductible Amount?

Clark Howard says to take the highest deductable you can afford, as insurers are increasingly of the “use it and lose it” variety. Ie, make a claim, they cancel your insurance as you are now a bad risk. So never make a claim unless it is a catastrophic loss, and make your deductable as high as possi...
by mhalley
Thu Dec 13, 2018 11:57 pm
Forum: Personal Consumer Issues
Topic: Wired router vs wifi router with radio turned off.
Replies: 9
Views: 794

Re: Wired router vs wifi router with radio turned off.

Not a computer expert, but I imagine a router with no radio and one with the radio turned on would have the same wired speed. I don’t think there would be any difference in speed if the WiFi was turned on if no devices are connected to it. I guess it would run cooler, which might make it a little mo...
by mhalley
Thu Dec 13, 2018 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Good fund choice for Teenager's IRA?
Replies: 13
Views: 661

Re: Good fund choice for Teenager's IRA?

How about starting with target date using freedom index funds? Usually you start out with td fund and switch to 3 fund as you become more knowledgeable about investing. 90/10 isn’t that much different than 100% stocks anyway. But either way is fine.
by mhalley
Thu Dec 13, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: Does Total International Bond Index Fund necessary
Replies: 4
Views: 318

Re: Does Total International Bond Index Fund necessary

Vanguard has embraced international bonds, bogleheads not so much. But they are not really hated to the point of recommending against the td or ls funds. All bond funds will have fairly low returns as interest rates rise, but returns is not the reason you have bonds. If you are only putting 50% of y...
by mhalley
Thu Dec 13, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Claiming dilemma-Would love opinions
Replies: 29
Views: 2793

Re: Social Security Claiming dilemma-Would love opinions

With such an important decision, you might consider a second opinion like paying the $40 for maximize my social security. I love Mike Piper, but such an important decision needs to be looked at from many angles.

https://maximizemysocialsecurity.com/
by mhalley
Thu Dec 13, 2018 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Step by step advice to change HSA investment company please
Replies: 1
Views: 199

Re: Step by step advice to change HSA investment company please

I believe the frequency of hsa transfers might be plan related, but I am not sure. The irs says there is no limit to direct transfers between hsas. Fees are also plan related.
https://www.irs.gov/pub/irs-pdf/p969.pdf
by mhalley
Thu Dec 13, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvesting Dividends in Taxable Account
Replies: 7
Views: 1002

Re: Reinvesting Dividends in Taxable Account

The wiki has a page on the topic. I am retired I prefer directing dividends to cash. If you plan on doing tax loss harvesting cash is better.
https://www.bogleheads.org/wiki/Reinves ... le_account
by mhalley
Thu Dec 13, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Critique my SS/RMD Tax Plan
Replies: 18
Views: 1337

Re: Critique my SS/RMD Tax Plan

Withheld taxes are treated as if they are payed throughout the year. Your plan is similar to what I plan on doing. .Some retirees avoid the need to make estimated payments by having enough tax withheld from required distributions from IRAs at year-end to cover their tax bill for the year. You can ev...
by mhalley
Thu Dec 13, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Can/Should I move Solo 401k into Backdoor Roth?
Replies: 24
Views: 850

Re: Can/Should I move Solo 401k into Backdoor Roth?

I think maybe op is confused on terminology. A backdoor Roth is when you want to contribute yearly to a Roth IRA, but you make too much income to contribute directly to a Roth IRA. A Roth conversion is when you take money in a traditional Ira or other retirement plan and convert it to a Roth, paying...