Search found 6578 matches

by mhalley
Mon Feb 18, 2019 12:45 am
Forum: Personal Investments
Topic: Account Transfers and Taxable Events
Replies: 2
Views: 216

Re: Account Transfers and Taxable Events

It depends on the tax bill. If it is huge, it might be wise to stop dividend reinvestments and liquidate losers and then slowly sell gainers over a couple of years. If it is mild to moderate, then sell all. Just make sure you don’t misclick and transfer trad to Roth. I guess you could prevent this b...
by mhalley
Sun Feb 17, 2019 5:38 pm
Forum: Personal Consumer Issues
Topic: Advisability of Using a Personal Trainer at the Gym
Replies: 23
Views: 1416

Re: Advisability of Using a Personal Trainer at the Gym

One thing you might consider is to record your workout on your phone, then watch it to confirm that your form is correct.
by mhalley
Sun Feb 17, 2019 5:12 pm
Forum: Personal Investments
Topic: Teacher: Max Roth 403b and Roth IRA. Next?
Replies: 17
Views: 855

Re: Teacher: Max Roth 403b and Roth IRA. Next?

A general rule of thumb is that investing in retirement accounts beats taxable until the expenses reach 1.7%. You need to look at the funds available in each plan plus any associated expenses to see which plan is best. I would max all retirement accounts before paying off rentals. Having a mixture o...
by mhalley
Sun Feb 17, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Use IRA to pay Student Loan?
Replies: 2
Views: 230

Re: Use IRA to pay Student Loan?

As a general rule of thumb, retirement accounts should never be used to pay down debts. Occasionally if debt is onerous decreasing contributions might be wise, but it is very very rare for cashing out retirement accounts to be worthwhile.
by mhalley
Sun Feb 17, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: Reqesting help in decoding the financial terminology used in the bond description
Replies: 8
Views: 481

Re: Reqesting help in decoding the financial terminology used in the bond description

The only light I can shed is that a 13% bond is risky as hedoubkehockey sticks, I wouldn’t touch it with a ten foot pole.
by mhalley
Sat Feb 16, 2019 11:20 am
Forum: Personal Investments
Topic: Vanguard Alert when Transferring Funds?
Replies: 5
Views: 298

Re: Vanguard Alert when Transferring Funds?

Did you buy the fund within 30 days? If not, don’t worry about it. All mutual funds have some type of frequent trading policy to prevent this. If you violate it once there is generally no consequence, but if you keep doing it they might put trading restrictions on your account. The wiki includes som...
by mhalley
Fri Feb 15, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Another "Is it worth it to fix" question [2002 Nissan Sentra]
Replies: 44
Views: 2730

Re: Another "Is it worth it to fix" question

I have heard two different opinions from the “experts”. Clark Howard has said to repair used car Up until half the value of the car. CR says to repair it up to the full value. I guess you could get a loan to finance the car to keep from having to pay extra taxes.
by mhalley
Fri Feb 15, 2019 6:10 pm
Forum: Personal Consumer Issues
Topic: posting reviews on yelp vs google, privacy?
Replies: 9
Views: 654

Re: posting reviews on yelp vs google, privacy?

I am going to rant a little here. If you don’t Want people knowing that it is you posting the review, perhaps you shouldn’t post it. Annonyminity causes horrible flame wars and bullying etc etc. I apologize if there is a specific reason you must remain anonymous, say you know the business owners, or...
by mhalley
Fri Feb 15, 2019 3:27 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 56
Views: 6184

Re: Girlfriend's Financial Advisor Recommendations...

If you google the fund symbol many sites including Morningstar will give the funds expenses.
by mhalley
Fri Feb 15, 2019 2:30 am
Forum: Personal Finance (Not Investing)
Topic: HSA, Medicare and Last Month Rule
Replies: 4
Views: 357

Re: HSA, Medicare and Last Month Rule

This site talks about your situation: https://learn.hellofurther.com/Individuals/Browse_by_Account/Health_Savings_Account_(HSA)/Medicare_and_HSAs#Spouses_with_Medicare . Example: Your spouse enrolls in Medicare as of March 1st and your HDHP coverage changes from family to single at that time. You wo...
by mhalley
Wed Feb 13, 2019 12:58 pm
Forum: Personal Investments
Topic: Question about Old Fidelity Investment
Replies: 7
Views: 705

Re: Question about Old Fidelity Investment

A Few reasons to not have dividends reinvested:
1. Increases number of tax lots, increasing tax complexity
2. May result in wash sales when tax loss harvesting
3, May throw off asset allocation
by mhalley
Wed Feb 13, 2019 3:06 am
Forum: Personal Investments
Topic: Where to park cash in Fidelity IRA account
Replies: 9
Views: 892

Re: Where to park cash in Fidelity IRA account

Sprxx has 2.27 % currently I believe.
by mhalley
Wed Feb 13, 2019 3:02 am
Forum: Personal Finance (Not Investing)
Topic: Insuring a car that you don’t drive
Replies: 24
Views: 2053

Re: Insuring a car that you don’t drive

Buy an umbrella policy for it.
by mhalley
Wed Feb 13, 2019 2:21 am
Forum: Personal Investments
Topic: Backdoor Roth IRA - Did I Goof Up?
Replies: 4
Views: 591

Re: Backdoor Roth IRA - Did I Goof Up?

Money withdrawn from am ira must be replaced within 60 days. If 61 days go by, that money can’t be put back in the Ira. https://www.investopedia.com/ask/answers/08/distribution-traditional-ira.asp If you want to do a backdoor Roth for 2019, you need to have zero funds in trad Ira as of dec 31. Just ...
by mhalley
Tue Feb 12, 2019 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Over income limits for IRA--roth convert?
Replies: 5
Views: 314

Re: Over income limits for IRA--roth convert?

If you only have a small amount in trad Ira, Then convert it all to Roth and do backdoor going forward. You don’t want to recharacterize, you want to convert.
by mhalley
Tue Feb 12, 2019 1:47 am
Forum: Personal Finance (Not Investing)
Topic: Multiple credit card fraud instances
Replies: 9
Views: 737

Re: Multiple credit card fraud instances

Often it is difficult to pinpoint the point of origin of a cc breach, I wouldn’t be overly concerned just yet. Be sure to shred your cc statements and be on the lookout for skimmers.

https://upgradedpoints.com/how-to-preve ... ard-fraud/
by mhalley
Mon Feb 11, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Over income limits for IRA--roth convert?
Replies: 5
Views: 314

Re: Over income limits for IRA--roth convert?

I think that is too late to decrease your magi. The general consensus is that if you are not doing backdoor roths, it is better to just invest in taxable as the non deductable Ira can make the taxes complicated. A Roth conversion with money in tira is not good due to the pro rata rule. https://www.k...
by mhalley
Mon Feb 11, 2019 12:34 pm
Forum: Investing - Theory, News & General
Topic: Schwab Target Index 2060 (SWYNX) vs Vanguard Target Retirement 2060 (VTTSX)
Replies: 13
Views: 698

Re: Schwab Target Index 2060 (SWYNX) vs Vanguard Target Retirement 2060 (VTTSX)

If you don’t like the aa of the schwab tr fund, pick a year that has the aa you want. I think the biggest question to ask is what percent do you want in international as vanguard has more. Either is perfectly fine imho. Not much in the way of history, but so far performance is close.
by mhalley
Sun Feb 10, 2019 12:04 pm
Forum: Personal Investments
Topic: Is more in my taxable my only option now?
Replies: 6
Views: 709

Re: Is more in my taxable my only option now?

Looks like you are already maxing tax advantaged accounts. If there are any losers, sell those, otherwise it is ok to have 10% of your equities in individual stocks.
by mhalley
Sat Feb 09, 2019 1:13 pm
Forum: Personal Investments
Topic: making MY FIRST OWN investment tomorrow..EEK--wisdom?
Replies: 10
Views: 644

Re: making MY FIRST OWN investment tomorrow..EEK--wisdom?

If you are totally new to investing I might dca instead of doing the lump sum. Don’t want you to panic when your funds drop 20% with no previous experience in taking a loss.
by mhalley
Sat Feb 09, 2019 12:40 pm
Forum: Personal Investments
Topic: Asset allocation and rebalancing for a graduating medical resident
Replies: 3
Views: 239

Re: Asset allocation and rebalancing for a graduating medical resident

457 has some special tax advantages if retiring early, so you might want to keep that money there. Jumping through hoops for a few basis points is not worth the hassle. Fidelity freedom index tr funds are just as cheap as Vanguards I believe. There is nothing wrong with just using a tr fund. In a fe...
by mhalley
Sat Feb 09, 2019 12:24 pm
Forum: Personal Consumer Issues
Topic: Shopping for a car after 10+ years
Replies: 21
Views: 1694

Re: Shopping for a car after 10+ years

Carvana is another option, here is a recent thread on them.

viewtopic.php?t=272106
by mhalley
Thu Feb 07, 2019 1:16 pm
Forum: Personal Investments
Topic: anyone experiencing problems with Vanguard Admiral shares?
Replies: 12
Views: 1359

Re: anyone experiencing problem with Vanguard Admiral shares?

I don’t know if they have implemented the admiral shares into the ind 401ks yet. You might go ahead and buy the investor shares, I imagine they will be converted at some point.
by mhalley
Thu Feb 07, 2019 12:15 pm
Forum: Personal Investments
Topic: switching over Target Index Fund in Schwab to VG [investment advice needed?]
Replies: 8
Views: 467

Re: switching over Target Index Fund in Schwab to VG [investment advice needed?]

What’s wrong with using mutual funds instead of ETFS? If you want automation, That would be the way to go.
by mhalley
Thu Feb 07, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Laptops - swapping hard drives
Replies: 18
Views: 742

Re: Laptops - swapping hard drives

You could backup to the cloud and restore, but that would take much longer. Ext drives are very cheap.
by mhalley
Thu Feb 07, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life Insurance Policy Question
Replies: 8
Views: 332

Re: Whole Life Insurance Policy Question

A 2 year old whole life policy should be cancelled. Put term insurance in place before cancelling it, look at the money you paid into it as a life lesson. I agree the non working spouse should have life insurance also. A standard amount is 12-20 x income, 20-30 year level term. https://clark.com/ins...
by mhalley
Thu Feb 07, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Side hustle on resume?
Replies: 15
Views: 1079

Re: Career Advice: Side hustle on resume?

I have no experience or knowledge whatsoever in this topic, but I wonder if an employer might look at it as a negative in several ways. 1. He has this side gig and will not be focusing on the job I hired him for. 2. He is making a ton of money off the side gig, how soon will he quit to do it full ti...
by mhalley
Thu Feb 07, 2019 11:20 am
Forum: Investing - Theory, News & General
Topic: VWELX, VWINX, or VBIAX ?
Replies: 17
Views: 1321

Re: VWELX, VWINX, or VBIAX ?

They all have their pluses and minuses. 2 have higher stock allocations so it is expected they will have higher returns and be more volatile. A combo of wellington and Wellesley has often been touted as a good retireee portfolio. They are active, somewhat concentrated funds so who knows if the outpe...
by mhalley
Thu Feb 07, 2019 12:02 am
Forum: Personal Investments
Topic: switching over Target Index Fund in Schwab to VG [investment advice needed?]
Replies: 8
Views: 467

Re: switching over Target Index Fund in Schwab to VG [investment advice needed?]

I would say a vanguard tr fund is not substantially identical to a schwab tr fund or to an etf.
by mhalley
Wed Feb 06, 2019 10:32 pm
Forum: Personal Consumer Issues
Topic: replacing tires on AWD cars do you have to do all 4
Replies: 83
Views: 3890

Re: replacing tires on AWD cars do you have to do all 4

One thing about all these warnings is none specifies how long it would take for the different tire circumference to cause differential failure, I imagine it would take a fair amount of miles. But is it 10k, 20k, 50k? Subaru usually does pretty well on the CR reliability surveys, does that mean most ...
by mhalley
Wed Feb 06, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Move $ from brokerage to 529?
Replies: 3
Views: 359

Re: Move $ from brokerage to 529?

The purpose of a 529 is to avoid paying taxes on the money. Depending on how many years until the money is to be used, it could make sense. If the child is 2, fine, 15, maybe not. Will the taxes be paid from the proceeds of the sale?
by mhalley
Wed Feb 06, 2019 8:01 pm
Forum: Personal Investments
Topic: Should we contribute to a non-deductible IRA if we can't do a backdoor Roth?
Replies: 9
Views: 658

Re: Should we contribute to a non-deductible IRA if we can't do a backdoor Roth?

The tax difference between taxable and non deductable Ira aren’t big enough to justify the tax hassle imo.
https://www.thesimpledollar.com/nondedu ... ributions/
by mhalley
Wed Feb 06, 2019 7:51 pm
Forum: Personal Consumer Issues
Topic: replacing tires on AWD cars do you have to do all 4
Replies: 83
Views: 3890

Re: replacing tires on AWD cars do you have to do all 4

I think there is a size differential that needs to be met, so it depends on how much wear is on the old tires. Subaru’s have the least tolerance per this article: . Subarus: Subarus have, to our knowledge, the tightest tolerance of any AWD system. Since we see so many, we can tell you what the toler...
by mhalley
Mon Feb 04, 2019 12:19 pm
Forum: Personal Investments
Topic: Can you rollover only the Roth part of your 401k?
Replies: 13
Views: 576

Re: Can you rollover only the Roth part of your 401k?

These thing are often specific to the plan. I would call hr and see if this is allowed.
by mhalley
Mon Feb 04, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap Plan F Extra (California)
Replies: 7
Views: 540

Re: Medigap Plan F Plus

I am a little concerned about plan f as it is going away, I was planning on going with it until I heard the news about it going away, so now am looking at g. Previous thread: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=270677 I heard a podcast the other day where they interviewed someone f...
by mhalley
Mon Feb 04, 2019 10:20 am
Forum: Personal Investments
Topic: Can you have a Traditional IRA as well as a 401k?
Replies: 7
Views: 519

Re: Can you have a Traditional IRA as well as a 401k?

You can have a non deductable traditional Ira and do backdoor roths (assuming you meet the requirement of having no othe IRAs). If you are not eligible for a backdoor Roth, then a non deductable Ira is gpnot recommended. I don’t know that this would be of benefit to you, but might have some advantag...
by mhalley
Mon Feb 04, 2019 2:33 am
Forum: Personal Finance (Not Investing)
Topic: Zelle Fraud? But how? What now?
Replies: 52
Views: 6282

Re: Zelle Fraud? But how? What now?

Clark Howard answered a ? Regarding Zelle on his podcast the other day. My takeaway:
Zella is horrible, never use it, use Venmo instead.
Never use Venmo to buy stuff, only to give money to friends and family.
by mhalley
Sat Feb 02, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Is a Backdoor Roth IRA worth it?
Replies: 44
Views: 2913

Re: Is a Backdoor Roth IRA worth it?

Physician on fire has a couple of articles on the value of the backdoor Roth, in addition to the value to you, they are great for heirs so that is another consideration. I believe it is wise to have money in mutiple types of accounts, so I think the tax diversification is wise. https://www.physician...
by mhalley
Sat Feb 02, 2019 2:27 am
Forum: Personal Investments
Topic: Low Credit Quality Bond Fund as % of Bond Holdings
Replies: 8
Views: 670

Re: Low Credit Quality Bond Fund as % of Bond Holdings

Bogleheads in general prefer to take risk in the equity side, not the bond side. I believe Rick Ferri used to suggest 20% of bonds in junk, but not sure if he still advocates that aa.
by mhalley
Fri Feb 01, 2019 1:37 am
Forum: Non-US Investing
Topic: An investment that never loses money [Malaysia]
Replies: 13
Views: 2280

Re: An investment that never loses money

I know nothing about this, but a common refrain is that if it sounds too good to be true, it probably is. Bernie Madoff reported 5.4% return in 2008.
by mhalley
Thu Jan 31, 2019 6:07 pm
Forum: Personal Investments
Topic: RE: Backdoor roth with existing pretax IRA
Replies: 43
Views: 1462

Re: RE: Backdoor roth with existing pretax IRA

On my phone so difficult to post links, but physician on fire has a couple of posts on the marginal benefits of back door Roth. Google to see the exact benefits.
by mhalley
Thu Jan 31, 2019 2:11 am
Forum: Personal Investments
Topic: Mega Backdoor Roth, can't move out after-tax money: Consequences of not rolling over to Roth IRA?
Replies: 9
Views: 611

Re: Mega Backdoor Roth, can't move out after-tax money: Consequences of not rolling over to Roth IRA?

The enemy of the good plan is the search for a perfect plan. How “bad” would the new 401k be? People sometimes get hung up on relatively small er differences.
I wouldn’t worry about the creditor protection on 10% of your portfolio.
by mhalley
Wed Jan 30, 2019 6:01 pm
Forum: Personal Investments
Topic: open a trad to avoid holding bonds in ROTH?
Replies: 8
Views: 296

Re: open a trad to avoid holding bonds in ROTH?

I agree that the bonds should go into the sep.
by mhalley
Wed Jan 30, 2019 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: How do early retirees get health insurance in the US?
Replies: 22
Views: 2841

Re: How do early retirees get health insurance in the US?

There are other ways to get health insurance except the website. You have to go there if you want to get the aca subsidy. While it has much less in the way of benefits, there are the health sharing ministries. You could go to a local insurance broker, or another insurance website. Note that you will...
by mhalley
Wed Jan 30, 2019 2:28 am
Forum: Personal Investments
Topic: Invest through 401K provider or TD Ameritrade Self Direct Account
Replies: 6
Views: 297

Re: Invest through 401K provider or TD Ameritrade Self Direct Account

0.5% is a big deal. More choices isn’t necessarily better. A couple days out of 5e market is insignificant over a career. Ditch the self directed account.
by mhalley
Tue Jan 29, 2019 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Excessive mortgage payoff fee
Replies: 15
Views: 2046

Re: Excessive mortgage payoff fee

I sent my bank a check and they sent me a title with no other fees charged. I guess this could vary from bank to bank and state to state. But it does seem excessive to me.
by mhalley
Tue Jan 29, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 64
Views: 3817

Re: Vanguard Tax 2018 Forms Now Online

Well, good news. It is not a mistake. This is my first year buying CDs at Vanguard, and apparently they don’t report the cost basis of CDs held less than a year on the summary page, but they do report the proceeds price. Thus the 270k difference. Looking at the fine print asterisk ** it is mentioned...