Search found 564 matches

by sesq
Sun Jun 03, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: What is the best current account aggregator online?
Replies: 24
Views: 2386

Re: What is the best current account aggregator online?

I use Mint and a google finance spreadsheet. Mint does a terrible job on the investment side. I used to use it to pull share quantities and the like. At some point the data got corrupted so it doesn't place the decimal in the right spot. So once a month I go to the underlying websites to update my s...
by sesq
Tue May 29, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much is a Roth worth?
Replies: 14
Views: 2442

Re: How much is a Roth worth?

I tax adjust my asset allocation and net worth. To do this I treat the roth assets as a $1 is a $1. For tax deferred assets I book a liability for future taxes at 30% (estimated fed/state/means testing) so $1 is worth $0.70. For my taxable account I track my lots separately and do ST or LT capital g...
by sesq
Tue May 29, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 34
Views: 4357

Re: Owning house in a trust?

I had my house in trust a couple houses ago. It made doing refinancing and HELOC's more difficult. I have moved a few times and I have stopped bothering to put it in the trust. My will directs my assets to the trust so after probate it will get there while I want the trust to modulate when my kids g...
by sesq
Wed May 23, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: Edelman & Financial Engines merging
Replies: 36
Views: 4001

Re: Edelman & Financial Engines merging

The fees they charged here were a bit over $400/mo and north of 2% AUM inclusive of fund fees. They don't charge "north of 2%". 2% is the max. For most it would be "south of 2%". My recollection is that it was 2.24% inclusive of the fund fees but that was 14-15 months ago and I read the paperwork i...
by sesq
Tue May 22, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Old Hot Water Heater
Replies: 20
Views: 1309

Re: Old Hot Water Heater

Ha, in the same position but the house I am buying is 15 years old with a "warranty". Mine, natural gas, standard 75 gallon unit is in the basement right next to the sump pit. Part of me is debating keeping the corner clear (huge basement) and seeing if the warranty may get a chance to replace it ov...
by sesq
Mon May 21, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Ideal time/balance to start HSA drawdown?
Replies: 6
Views: 691

Re: Ideal time/balance to start HSA drawdown?

I am not inclined to do the math on your final bullet but I think there would be a lot of variables like whether you planned to retire early and the timetable when you would stop working/stop contributing. With a 30 year time horizon and a the thought that your account may double several times you m...
by sesq
Mon May 21, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: Edelman & Financial Engines merging
Replies: 36
Views: 4001

Re: Edelman & Financial Engines merging

Ok, time for someone to say something nice about Ric Edelman. I am not an Edelman client - I did not want to pay the 1.5% AUM fee. :shock: There is one service though that Edelman does provide that I feel gets lost in the Ric-Ripping: Your point is taken but I think the forum has the Ric-Ripping co...
by sesq
Fri May 18, 2018 6:21 am
Forum: Personal Consumer Issues
Topic: Must See in South Dakota
Replies: 58
Views: 4229

Re: Must See in South Dakota

If you like the kitschy stuff roll south from Rushmore to Crazy Horse and on to Alliance, Nebraska for Carhenge. Its exactly what it sounds like, but quite the trifecta in my opinion.

I also adore the Corn Palace for a 20 minute side trip assuming you are riding by on the highway.
by sesq
Sun May 13, 2018 6:08 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 17432

Re: What Percentage CASH are you?

I just clawed out of 8 months of unemployment so I am planning to set it at a years worth of expenses. Which on an after tax basis (I accrue capital gain tax and tax on tax deferred accounts) will be about 8% in cash, 20% bonds, 25% International equities 45% domestic equities and 2% company stock. ...
by sesq
Sun May 13, 2018 5:38 am
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor when value is down?
Replies: 6
Views: 852

Re: Mega Backdoor when value is down?

You have a basis in the initial contribution dollars. But I don't think you can claim a loss if the value rolled over is less than the basis because it is within a tax preferenced account. So I think the issue is what are you potentially giving up? Example one: After tax value $5,000; contribution v...
by sesq
Thu May 03, 2018 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Capital gains in a trust
Replies: 8
Views: 711

Re: Capital gains in a trust

Thank you all for the comments. The total financial assets of the trust is the 120K split between the two stocks. My dream scenario would be to liquidate both stocks and put it into a balanced fund or index funds with a 40/60 allocation or something like that. I would like to do this tax efficiently...
by sesq
Thu May 03, 2018 5:50 am
Forum: Personal Finance (Not Investing)
Topic: Capital gains in a trust
Replies: 8
Views: 711

Capital gains in a trust

My father passed away recently and he had been the trustee to a trust for the benefit of my cousin. This trust holds about $120k in assets concentrated in two stocks (Microsoft and Constellation Brands). I think there are about 90K of capital gains in these stocks (mostly Constellation Brands he bou...
by sesq
Wed May 02, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Testimonials on moving with a family
Replies: 29
Views: 2722

Re: Testimonials on moving with a family

I go where the work is. I have moved several times pre-kids for jobs. With kids we went from MA to central PA (daughter 2.5 y.o.; son on the way), then to Houston (daughter 11, son 8) and now we are moving to Philly a year and a half later since the Houston job didn't work out. We will be 2 hr away ...
by sesq
Sun Apr 22, 2018 8:01 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 983
Views: 176348

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I saw on another thread that there's a Merrill Edge "1000" offer, but it runs out 4/13: https://www.merrilledge.com/offers/1000offer# It's another "Expo attendee" one, so usual caveats there. I was on the phone with ME the other day and she told me that there a $1K incentive would be approved if I ...
by sesq
Thu Mar 22, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Help my wife when I die.
Replies: 37
Views: 4396

Re: Help my wife when I die.

I muck around in my spreadsheets like many here. I even have some RMD planning although I am 45 not 27. Mine are on google docs and my wife has shared access. Prominently about 3-4 tabs in I have a tab I call the "Death Page". It is where I map out all the logistical things I keep track of and what ...
by sesq
Thu Mar 22, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 24164

Re: Anyone Deleting Facebook?

I am not. I do an annual trip with a group of guys we use a FB group to handle logistics. I find my neighborhood discussion page occasionally useful, same for the buy/sell page (really sell page for my junk). I hid almost all of the political junkies. I don't post very much. Even less now since a fr...
by sesq
Thu Mar 22, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor IRA Roth - Commingling
Replies: 11
Views: 1016

Re: Backdoor IRA Roth - Commingling

Your contribution without a deduction becomes basis. The tax calc is the total amount converted less the applicable basis. The applicable basis is computed after applying the pro-rata rule. The wiki really covers this topic. https://www.bogleheads.org/wiki/Backdoor_Roth_IRA OP - if you don't want to...
by sesq
Wed Mar 21, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 3917

Re: Home equity as part of retirement plan

I plan to downsize when my kids are out the door both in SQFT and cost of living. Some expenses are driven in part by the value of the house (property taxes, perhaps maintenance to the extent contractors price by the neighborhood) so in my spreadsheet I contemplate not just the additional capital th...
by sesq
Thu Mar 08, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth... Am I misunderstanding something
Replies: 4
Views: 623

Re: Backdoor Roth... Am I misunderstanding something

If the target is 40K and the couple is over age 59.5, why not just withdraw from the traditional? Your question isn't really about the backdoor. The backdoor is a method for people who are over the income limit to make contributions to Roth IRA's. Since anyone one with compensation income can make n...
by sesq
Fri Feb 16, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 10193

Re: Job is starting to suck the life out of me.

I agree to look but I also agree with those who suggest you appreciate what you have. Next week I am starting a new job after 8 months of being unemployed. We were fine, financially but being unemployed isn't great since so much of your life is uncertain. My nature wouldn't let me take time off and ...
by sesq
Tue Aug 15, 2017 6:58 am
Forum: Personal Consumer Issues
Topic: Big family, small house dilemma -- kid bedrooms in basement?
Replies: 23
Views: 3407

Re: Big family, small house dilemma -- kid bedrooms in basement?

Perhaps you move a couple kids down and then soundproof the bedrooms a bit. Could be as easy as adding a second layer of drywall to the walls and ceilings. Adding insulation to the voids could help too. AVSforum (home theater) has a lot of resources on this topic in their dedicated theater forum. I ...
by sesq
Tue Aug 15, 2017 6:42 am
Forum: Personal Consumer Issues
Topic: Your Movie Collection?
Replies: 43
Views: 4519

Re: Your Movie Collection?

I was going to say it hasn't been added to in years but then I remembered we get the kids new movies at christmas. We take long car trips to visit family and have dvd players in the car for them. We make them agree on a movie which can sometimes take a long time. They are starting to watch some of m...
by sesq
Tue Aug 15, 2017 6:34 am
Forum: Personal Consumer Issues
Topic: PSA - Mute button for Gas Station TV!
Replies: 22
Views: 3340

Re: PSA - Mute button for Gas Station TV!

So far I have a mental list of gas stations around me that don't have those things. Next time I get stuck I will look for your button. Hope I find it!
by sesq
Sun Jul 30, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase Lake House for Primary
Replies: 28
Views: 4440

Re: Should I purchase Lake House for Primary

My parents liked lake houses and we lived in one until I was 8. There was a chain link fence between the house and the lake to cut down on the drowning risk. The beach would somehow accumulate rocks (or the sand would erode away) so a standard punishment in our family was to go pick 100 rocks off th...
by sesq
Sun Jul 30, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Advice on taxable account - yearly additions.
Replies: 7
Views: 1389

Re: Advice on taxable account - yearly additions.

I only recently exceeded my tax preference opportunities and started taxable. I keep a spreadsheet in part so that I can calculate my deferred taxes on appreciated (or depreciated) shares. I have an IF/Then formula that adjusts the rate based on whether the tax lot would be at short term or long ter...
by sesq
Sun Jul 30, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Investing/ Finance podcasts
Replies: 16
Views: 1823

Re: Investing/ Finance podcasts

My list (some business ones): Money for the rest of us Grants Interest Rate observer Planet Money Marketplace Financial Advisor Success + XYPN Radio (both Michael Kitces affiliated who I admire) White Coat Investor WSJ - Your Money Matters (short like 6/7 minutes) HBR (Harvard Business Review - I am...
by sesq
Tue Jul 25, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Garage Remodeling
Replies: 14
Views: 2159

Re: Garage Remodeling

In my last house I did the DIY epoxy from HD/Lowes when we first moved in. I took extra precautions when I did adding a polyurethene clear coat on top that I got off the internet. I still had "hot tire pickup" where part of the epoxy is ripped off. That part wasn't so attractive but did not material...
by sesq
Tue May 23, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 11331

Re: Net worth is overrated

A lot of items in the OP's post can be estimated pretty reasonably and I think there are a number of posters who fear the estimate. For example if you have a pension that can be either quantified as a NPV or used to reduce future income needs when trying to determine when you hit enough. Similar, it...
by sesq
Thu Apr 27, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 573
Views: 222047

Re: TV show recommendations?

I had read that Bloodlines was not renewed for a 4th season. So when the third is out, that is it. I really enjoyed the first two. I have gotten spoiled and prefer the binge watch option so I have The Americans, Saul and Fargo building up on my Tivo. Some shows I can't resist and watch "current" - G...
by sesq
Sat Apr 15, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: What questions do you ask and what information do you gather to discuss finances with your spouse?
Replies: 10
Views: 1392

Re: What questions do you ask and what information do you gather to discuss finances with your spouse?

I generally give periodic updates. I like to talk finance so I have probably educated her enough to take over in my absence. She ran her life and checkbook well before I came along. She didn't have the future planned as much as I do for us now, but our current net worth and my life insurance would c...
by sesq
Fri Apr 14, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Homestead Exemption Question (Texas)
Replies: 2
Views: 403

Re: Basic Homestead Exemption Question (Texas)

Don't know the answer to your question, but the deadline is coming up. April 30. I just moved to the Houston area and need to get my paperwork in.
by sesq
Fri Apr 14, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 8067

Re: Secretly entered two comma club

Congrats.

Some one teach him the secret handshake.
by sesq
Sat Mar 25, 2017 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Fees
Replies: 15
Views: 2309

Re: Utah 529 Fees

The extra fee was higher in the past so the trend is good. But it does annoy me a bit that my kids accounts have ER's in the 20 basis point range and the rest of my portfolio averages 6 basis points. I am hoping they can get the surcharge down to 10 or so at some point.
by sesq
Sat Mar 25, 2017 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Best HSA (2017)
Replies: 190
Views: 40337

Re: Best HSA (2017)

My old employer seems to have had a bad deal with HSA bank as when I left I got a letter saying it would be something like $4.50 a month to stay. I was going to leave it, but since I have to pay $3 a month to use the broker at my new employers HSA I decided to close and move it. The new employer use...
by sesq
Sat Mar 18, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: How do Bogleheads handle allowance?
Replies: 38
Views: 3834

Re: How do Bogleheads handle allowance?

We pay an allowance not linked to chores. Its 50 cents per year (or $4 for the 8 year old). We then chop it up into available cash, long term savings and charity. The charity piece is absorbed in my wife's church contributions and is modest. The cash and long term savings are automatically transferr...
by sesq
Sun Mar 05, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I avoid HSA Bank closure fee?
Replies: 4
Views: 1222

Re: Can I avoid HSA Bank closure fee?

I was quoted the same monthly fee. I am in the process of moving the money out of TD and getting ready to roll it over. I didn't notice the closure fee.
by sesq
Tue Feb 21, 2017 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do companies match after-tax 401k contributions?
Replies: 32
Views: 3662

Re: Do companies match after-tax 401k contributions?

My employer does not match after tax. It does for traditional or roth.
by sesq
Sat Jan 28, 2017 12:15 am
Forum: Personal Consumer Issues
Topic: Any Backyard Chefs out there? Do you have any specialties?
Replies: 54
Views: 4435

Re: Any Backyard Chefs out there? Do you have any specialties?

A family stable for us is beer can chicken. Whenever I make the rub I make enough for 6 chickens and store it for future birds. http://www.weber.com/recipes/poultry/beer-can-chicken This is a go to when we have guests in from out of town: http://www.weber.com/recipes/red-meat/santa-maria-tri-tip-san...
by sesq
Fri Jan 27, 2017 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 72
Views: 12251

Re: Anyone moved to another state for lower cost of living?

I have moved a lot for jobs. Just recently came to Houston, so far so good but the test will come in the summer. I found I liked the mid-sized metro best, except the job opportunities. I have been in Dallas, Portland Maine, DC, Boston, Harrisburg PA, now Houston. I am hoping to stay put here to get ...
by sesq
Wed Jan 18, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Do you recommend using credit karma's tax product?
Replies: 52
Views: 8452

Re: Do you recommend using credit karma's tax product?

Price is right. I signed up to use it this year. Won't find out how well it works until April as I owe money this year. I was a loyal turbo tax person for years until their bait & switch on Schedule D a few years ago. Then went over to Tax Act for a while but their prices went up. I can do it myself...
by sesq
Mon Jan 16, 2017 12:44 am
Forum: Investing - Help with Personal Investments
Topic: Safe cutoff of after tax contributions
Replies: 7
Views: 989

Re: Safe cutoff of after tax contributions

I have two bonuses per year and a 5% match. My after-tax contributions are not subject to match. I am trying to figure out how I get every dollar put into the 401(k) without giving up the match. I can only put 10% into after tax so I can't ratchet that up for the last few checks to close a year out....
by sesq
Wed Oct 05, 2016 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Concurrently buy/sell house
Replies: 21
Views: 2614

Re: Concurrently buy/sell house

I am about to relocate across the country. My current paid off home has an unused HELOC of $150k available (its on a 2% teaser rate till January that came as a promo, I have had the line for two years) and I have about $75K sitting in my emergency fund. My plan is to use these as my down payment on ...
by sesq
Tue Oct 04, 2016 4:39 pm
Forum: Personal Consumer Issues
Topic: My "Corolla Investment" has ended...410,000 [miles]
Replies: 56
Views: 8575

Re: My "Corolla Investment" has ended...410,000 [miles]

My best friend has a 1993 Corolla with over 350K on it. Might be at 400K now. The 1993 or 1994 Corolla may be the relative highwater mark for toyota's reliability after that they bought some 1995 Dodge Neons and reverse engineered them to strip cost out of the product. I read a WSJ about it (or a ca...
by sesq
Fri Sep 30, 2016 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: What you guys do with the bonus
Replies: 59
Views: 6516

Re: What you guys do with the bonus

A lot of my pay comes as incentive comp. My paycheck doesn't always cover everything so I have dipped into incentive comp from time to time. Over the past 8 years I have divided my equity and bonus payments as follows: Pay off mortgage - 31.6% (done, well until I move, should still be done) Cover ta...
by sesq
Wed Sep 14, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my mortgage?
Replies: 45
Views: 5368

Re: Should I pay off my mortgage?

Around me I see billboards for low rate HELOC's (like below 2% for 12 months). If you plan to substantially pay it off within the teaser period you might be able to arbitrage 5.65% to 2% or so and be at most out the appraisal cost ($3-400). After the teaser period the loan goes to prime +/- 25-50 ba...
by sesq
Tue Sep 13, 2016 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: First Child - Financial Decisions / Impacts?
Replies: 14
Views: 1923

Re: First Child - Financial Decisions / Impacts?

The advice I always give to new parents is the importance of securing appropriate levels of term life insurance on both mother and father. The insurance should not be tied to an employer to avoid the obvious risk of one's health declining to the point of being uninsurable around the time of losing/c...
by sesq
Tue Sep 13, 2016 9:53 am
Forum: Personal Consumer Issues
Topic: Christmas gift expectations
Replies: 61
Views: 5768

Re: Christmas gift expectations

Both sides of our families do secret santa. My side - ~$25 price target, everyone buys stuff for the kids who aren't done with college, everyone exchanges gifts with my parents (they don't do secret santa and want to get people gifts, so we reciprocate). My wife's side - $100 price target siblings a...
by sesq
Thu Sep 08, 2016 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Stopped at the Crossroads
Replies: 21
Views: 3764

Re: Stopped at the Crossroads

Are you also paying into social security or is the state pension in place of SS? If you have a pension and SS I would suggest that you may want to allocate your $300/mo towards building up a down payment. If you stay in state government you may not see astronomic income gains. Perhaps when you are r...
by sesq
Mon Aug 29, 2016 12:25 pm
Forum: Personal Consumer Issues
Topic: Car leases: not that expensive, after all, if you can't do maintenance yourself?
Replies: 32
Views: 4311

Re: Car leases: not that expensive, after all, if you can't do maintenance yourself?

OTH, I am an older guy and may start leasing as I may not want to be driving 10+ years from now. My neighbor's mother died a year ago and had very negative things to say about dealing with a leased vehicle as the executor. Very difficult and expensive to terminate the lease early. On the main topic...