Search found 466 matches

by camillus
Tue Sep 18, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 4
Views: 288

Re: Coverdell ESA Asset Allocation

Here's an alternative approach: Continue to go 100% stock in your ESA, but increase your bond position in your 401k. Why? 1) This takes maximal advantage of the tax benefit of the ESA, ie growth is tax free if used for education. 2) Your total risk stays about the same as if you added bonds to your ...
by camillus
Mon Sep 17, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: $180 IPhone SE or $90 Iphone 5S
Replies: 33
Views: 2105

Re: $180 IPhone SE or $90 Iphone 5S

I would strongly consider moving to a 7. The SEs do not have access to the full bands of cellular networks. If you want full LTE, they are more or less tied to the carrier they are designed for, and subsequent MNVOs. Buying an SE might be a cost saver, but over the long term you are stuck with a ne...
by camillus
Mon Sep 17, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: $180 IPhone SE or $90 Iphone 5S
Replies: 33
Views: 2105

Re: $180 IPhone SE or $90 Iphone 5S

I would strongly consider moving to a 7. The SEs do not have access to the full bands of cellular networks. If you want full LTE, they are more or less tied to the carrier they are designed for, and subsequent MNVOs. Buying an SE might be a cost saver, but over the long term you are stuck with a net...
by camillus
Sun Sep 16, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 126
Views: 8134

Re: Considering Quitting Job - Seeking Advice. Would you do it?

To me, a methodical and graceful resignation will come across better to other employers than getting fired. Should I end up never working again, then I agree. It seems to me that you have some difficulty setting boundaries, proudly saying "I have never quit anything" when hardly anyone here on this...
by camillus
Sun Sep 16, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 126
Views: 8134

Re: Considering Quitting Job - Seeking Advice. Would you do it?

If quitting is on the table then getting fired could (should?) be on the table too. How about having a conversation with your manager saying that you need to reduce your hours to 50/wk or whatever number is doable for you. If you get fired, you don't want to work there anyways. Plain and simple. I w...
by camillus
Sun Sep 16, 2018 12:31 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 304
Views: 52332

Re: What is your luxury good?

Health club membership
by camillus
Sat Sep 15, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Considering an HSA with a baby on the way - good idea or bad?
Replies: 9
Views: 731

Re: Considering an HSA with a baby on the way - good idea or bad?

and max out the associated health savings account I would guess that the HSA plan would pull ahead pretty easily if the employer is going to max out your HSA - $6900. That's the equivalent of $575/mo in subsidized premiums on the PPO plan. Another way to look at it is take the $6900 and subtract yo...
by camillus
Sat Sep 15, 2018 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

Just a tidbit to throw in, under the more general topic of lumping deductions. In my locale, property taxes can be paid late, but with a penalty - which seems acceptable to the government. My property tax is due in July, but can be paid the next January for a fee of 6%. You could "double up" your pr...
by camillus
Sat Sep 15, 2018 3:25 am
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

My big takeaway is to do what is necessary to start a decent sized taxable now so that in the next 4-10 years when it makes sense to use this strategy I suppose is a reasonable position I should also take. By my calculations, this shows that you (assuming 12k charitable contributions and 12k non-ch...
by camillus
Fri Sep 14, 2018 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

Still doesn't get back Roth space AFAIK. No, you don't get that Roth space back, but you get these benefits: 1) The DAF continues to be invested in the asset class of the former Roth money. 2) You get to do "free" Roth conversions at different points, if you wish. 3) The tax savings spun off by inc...
by camillus
Fri Sep 14, 2018 4:55 am
Forum: Investing - Theory, News & General
Topic: Slight fear of investing in general now
Replies: 20
Views: 2086

Re: Slight fear of investing in general now

The human brain is interesting. It's a fear machine. That's what makes genes survive. I wonder if there's someone like the OP, who instead wakes up in the middle of the night in a cold sweat - "I wonder if things are much, much more resiliently on an upward trend than anyone realizes?" A part of thi...
by camillus
Fri Sep 14, 2018 4:47 am
Forum: Investing - Help with Personal Investments
Topic: Best tool/way to manage the a portfolio of multiple accounts
Replies: 22
Views: 1248

Re: Best tool/way to manage the a portfolio of multiple accounts

I use personal capital, but for asset allocation I also keep a simple spreadsheet.
by camillus
Thu Sep 13, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

Except you can, and much more. Every year that you itemize, you can make a "free" Roth conversion. (You'd have to decide which you'd rather have, increased Roth space or the tax savings as cash in hand.) I'm not sure I understand this correctly. Years when you're taking the standard deduction doesn...
by camillus
Thu Sep 13, 2018 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Free credit freezes and un-freezes after Sep 21, 2018
Replies: 13
Views: 1440

Re: Free credit freezes and un-freezes after Sep 21, 2018

DW and I froze all credit (including Chexis and Innovis) after the Equifax breach, paying various fees. Since then we have done a "temporary thaw" once each. It was actually fairly painless. In the "temporary thaw" process you simply go to the website, enter your PIN, and select how long you would l...
by camillus
Wed Sep 12, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2645

Re: Picking a Charity

First of all, you should look into a Donor Advised Fund. I've been very interested in DAFs lately. See: https://www.youtube.com/watch?v=p3QTj3607v0 Most of my contributions are given per my faith commitment, including global disaster relief & community development. Here's a good read from MMM on cha...
by camillus
Wed Sep 12, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

Another thought: If there is a concern that pulling from the Roth to start this strategy is reducing tax-free money in retirement, then one could essentially use the initial 12k added deduction over the standard deduction to do a traditional -> Roth conversion without raising taxable income which m...
by camillus
Tue Sep 11, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 9822

Re: Anyone else not save for cars?

The main benefit of buying with a car fund is controlling the purchase price . "I only have $15k set aside for a car. I will buy a $15k car." vs "I have no money for a car, but rates are low and I make good money. Let's look at $30k cars." Committing yourself to paying with cash out of a "car fund" ...
by camillus
Tue Sep 11, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Beginning investment plan for 30 year old
Replies: 7
Views: 948

Re: Beginning investment plan for 30 year old

Thanks everyone for the replies! It's a lot to learn after spending my life to this point uninterested in this stuff. I realized that my company gives the option to contribute to either a traditional 401k or a Roth 401k or some mix of both. What would be the right way to go here? Does is make sense...
by camillus
Tue Sep 11, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Qs: Does your DAF sync with personal capital?
Replies: 10
Views: 610

Re: Quick Qs: Does your DAF sync with personal capital?

aristotelian wrote:
Tue Sep 11, 2018 7:25 pm
But yes, if you log into your Schwab account, it does show the DAF on your main accounts page. If you click through, it takes you to their charitable website. Yes, donating from your Schwab account to your DAF is simple. I haven't tried it with an external brokerage.
Thank you very much.
by camillus
Tue Sep 11, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Beginning investment plan for 30 year old
Replies: 7
Views: 948

Re: Beginning investment plan for 30 year old

The advice generally goes like this. Max accounts in this order: 401k to match HSA if available IRAs - Traditional or Roth 401k to max 529 if desireable Taxable Somewhere in there you should establish an emergency fund. Here's an interesting strategy to read about, involving using a Roth IRA as a te...
by camillus
Tue Sep 11, 2018 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Qs: Does your DAF sync with personal capital?
Replies: 10
Views: 610

Re: Quick Qs: Does your DAF sync with personal capital?

My Schwab DAF showed up automatically with all my other linked Schwab accounts when I used Personal Capital. Thanks! So is there only one login for both your DAF and brokerage accounts? One webpage? I'm wondering how easy it is to transfer stock. Just a few clicks? I wonder if Fidelity is the same....
by camillus
Tue Sep 11, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Qs: Does your DAF sync with personal capital?
Replies: 10
Views: 610

Re: Quick Qs: Does your DAF sync with personal capital?

The funds in the DAF are not yours so they have no relationship to the management of your personal funds or rebalancing. I think about the DAF differently, though I agree the money is no longer mine. Here are two ways to explain my thinking: 1) If I did not have a DAF, I would be doing charitable c...
by camillus
Tue Sep 11, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Quick Qs: Does your DAF sync with personal capital?
Replies: 10
Views: 610

Quick Qs: Does your DAF sync with personal capital?

Hi all, I started a thread about Donor Advised Funds that became hair-brained, esoteric, and possibly idiotic - but potentially lucrative: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=258371&newpost=4112610&view=unread#unread I wanted to pop out of that thread and ask a few questions to the ...
by camillus
Mon Sep 10, 2018 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

Ah, ok. I think I get it now. Thanks for putting up with me! As a potential benefit to those who wish to make consistent giving part of their practice, it has the effect of creating an ‘emergency giving fund’ where one may be less likely to curtail giving from the DAF in the event of a job loss at ...
by camillus
Mon Sep 10, 2018 6:02 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

The gain is in the form of reduced taxes (from the deduction). The cost is in the form of lost earnings on the initial 1.5x yearly giving amount. Instead of letting the earnings grow, you are choosing to give them away. I suppose you can argue that the initial 1.5x yearly giving amount will 'stay' ...
by camillus
Mon Sep 10, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

If you simply left it in the Roth, 1.06^12 = 2, so the Roth account would grow to $24k or $36k. This is space that isn't likely to get refilled if you're maxing out tax advantaged space. In retirement, I don't think future donations would come from Roth accounts if other accounts are available (i.e...
by camillus
Mon Sep 10, 2018 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

Warning - this post is going to be disgusting and will probably have some (hopefully small) math errors Interesting idea, but I’m having trouble after several readings following the different starting points and end points. I’d like to see what happens if you equalize the end points... I’ll have to ...
by camillus
Sun Sep 09, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

When you contribute assets to the DAF, they aren't yours any more. I understand that you can choose the asset allocation in the DAF and choose both when and how much to donate to charities, and I get your point about redirecting cash flow - but you can't make contributions 'yours' again. Think abou...
by camillus
Sun Sep 09, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: Video Game Collection
Replies: 39
Views: 2203

Re: Video Game Collection

I would sell, and get started soon. The reason I'd say this is that you have a lot of time-cost locked into that asset. It's not like you can hit "sell" on a trader platform and have $30,000 show up in your checking account. You have a little part-time job waiting for you for a few months. Get start...
by camillus
Sun Sep 09, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

On Tax Free Withdrawals & the End Game I have been comparing this DAF strategy as a benchmark to a Roth IRA contribution from a tax advantage perspective. Roth IRAs have tax free growth and withdrawals. In this strategy, the DAF (and the feeder taxable account) also clearly has tax free growth. It ...
by camillus
Sat Sep 08, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

This is really interesting. I'm looking into doing the same thing this year for my family. We give a fixed % of our gross income each year. For this year (2018) my income is higher than typical as I lost a job but received severance and landed a better paying job. So, combining my higher income for...
by camillus
Fri Sep 07, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

I did not say it was a horrible plan, just not optimal IMO. There are very few FREE rides anymore, and I see a Roth as about as close as it comes, especially if you keep the money in there for years. :D Thanks, soccerrules. I agree that the Roth is very good. I think I am discovering one of those "...
by camillus
Fri Sep 07, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

MrBeaver wrote:
Fri Sep 07, 2018 10:43 am
Another thought
Interesting! I suppose you could also do this every other year, as long as you wanted to. Instead of increasing your deductions, your deductions would stay the same but you would be slowly transferring a tIRA balance to Roth without paying additional taxes.
by camillus
Fri Sep 07, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF > Roth IRA? 12% tax bracket, no taxable

I like other posters think a withdrawal from your Roth is not optimal and perhaps hurting you in the long run with the LOSS of tax free growth and tax free withdrawals. I would rethink this move. I'm sorry - but I'm not sure I lose tax free growth & withdrawals :happy My initial $12k transfer from ...
by camillus
Fri Sep 07, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

Re: DAF strategy? 12% tax bracket, no taxable

Your post was too long for me to read. However, I am only in the 12% bracket, and even so I have decided a DAF is (barely) worth it. The cost is $100 per year in fees, but it should save me $500-$800 per year in taxes, plus I believe it will simplify my taxes and add convenience. I wouldn't call th...
by camillus
Thu Sep 06, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3439

Re: Charitable Tax Deductions

Hi all,

Instead of derailing this thread, I wrote down a large tangential thought on a new thread here: viewtopic.php?f=1&t=258371&p=4107002#p4107002

I'd be very eager if you might be interested to read and give feedback. Thanks!
by camillus
Thu Sep 06, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 3532

DAF > Roth IRA? 12% tax bracket, no taxable

Edit, Summary: I believe I have discovered a strategy where pairing a Donor Advised Fund and a taxable account is superior to contributing to a Roth IRA, even in the 12% federal tax bracket when one has no appreciated assets in a taxable account. Said another way: this strategy is valuable enough t...
by camillus
Thu Sep 06, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Phone Calls from Windows saying computer has Malware
Replies: 40
Views: 2073

Re: Phone Calls from Windows saying computer has Malware

Calico wrote:
Thu Sep 06, 2018 9:59 am
I told the guy on the phone not only did I not have a computer, but I was Amish and didn't have any appliances.
I will have to remember this one if I ever get called! :happy
by camillus
Wed Sep 05, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: MINT Software Or Other For Budgeting/Tracking
Replies: 20
Views: 1389

Re: MINT Software Or Other For Budgeting/Tracking

Beach wrote:
Wed Sep 05, 2018 4:23 pm
YNAB, but we have the old version and don't pay anything. Not sure I would pay for service now.
YNAB FTW. I had YNAB 4 and used to say the same as above and I was like :annoyed

Now I have the web based YNAB with auto import and I'm like 8-)
by camillus
Wed Sep 05, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3439

Re: Charitable Tax Deductions

My head hurts :oops Join the club :annoyed I just made a rough spreadsheet that suggested a few things about a DAF/lumping charitable giving even for someone like me who finds themselves in the 12% bracket (after max deferred contributions). I happen to give about 10% of gross income to charity ann...
by camillus
Wed Sep 05, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3439

Re: Charitable Tax Deductions

My head hurts :oops: I think one thing in my thinking above that is incorrect is that the money in the DAF can also be invested - why not? That's a source of additional, compounding interest. I suppose then I'm still trying to find a way to evaluate where to rank a DAF in terms of opportunity cost &...
by camillus
Wed Sep 05, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3439

Re: Charitable Tax Deductions

Yep. That's why I mentioned it. In a simpler example, a person could just make their normal contributions to charities throughout a calendar year and then front load the next year's via a DAF contribution in late December. That would have much less "opportunity cost," so might work better for some....
by camillus
Tue Sep 04, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 3439

Re: Charitable Tax Deductions

I realize some folks are using DAFs and other means to group all their giving into the same year. The problem is - some of the charities I give to will have trouble if we all start shifting to these types of models. If you are able to front load a DAF, the change can be transparent to most charitie...
by camillus
Tue Sep 04, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: What will you do when you find you have more money than expected?
Replies: 91
Views: 9637

Re: What will you do when you find you have more money than expected?

I would estimate that many/most bogleheads will be in this position, after fretting for decades about having enough, suppressing lifestyle to save, and then finding once retired that you have much, much more than you need. One of the subcultural flaws here IMO is the tendency to obsess and over-prep...
by camillus
Mon Sep 03, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: What are your goals when you change your bond funds?
Replies: 36
Views: 2293

Re: What are your goals when you change your bond funds?

My bond allocation (10-15%) is hidden inside of an actively managed stable value fund inside my DW's 403b. There are no low-cost investments in this account, and this stable value fund is also SRI - so I get a little, possible ethical perk. The fund is QCSCRX, TIAA Social Choice Account R1. My bond ...
by camillus
Sun Sep 02, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18039

Re: How to Retire in Your 30's with $1 Million in the Bank

One thing I appreciate about MMM is a philosophical focus on joy apart from hedonistic consumption. I also personally appreciate his emphasis on conservationism.
by camillus
Sun Sep 02, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Gentlemen: underwear shopping question
Replies: 35
Views: 3914

Re: Gentlemen: underwear shopping question

Just a thought. Are your undies sufficiently broken in?

Perhaps you should give them another 5 years and revisit.
by camillus
Sun Sep 02, 2018 2:19 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Please
Replies: 3
Views: 496

Re: Portfolio Review - Please

Hi EggCarton,

I don't have much to say other than that I think you are doing great! You have a great saving rate and your investments look good. You have made a well-reasoned personal decision on paying down the mortgage.

Keep up the good work!