Search found 341 matches

by Bmac
Tue Feb 18, 2020 5:45 pm
Forum: Personal Investments
Topic: FOMO - TESLA
Replies: 36
Views: 3067

Re: FOMO - TESLA

Maybe next time an individual stock goes up 400%, sell 25-50% and let the rest sit.
by Bmac
Sat Jan 25, 2020 10:33 pm
Forum: Personal Consumer Issues
Topic: Most inexpensive places to buy new cabinets and countertops
Replies: 21
Views: 2519

Re: Most inexpensive places to buy new cabinets and countertops

It might not be the least expensive, but I think IKEA now have in—house kitchen remodeling/planning services that are certainly going to be much cheaper than custom designed. In the event you live anywhere near one of their stores.
by Bmac
Sat Jan 25, 2020 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to contest beneficiary of a life insurance and brokerage account of a deceased?
Replies: 51
Views: 4816

Re: Is it possible to contest beneficiary of a life insurance and brokerage account of a deceased?

As far as the IRA goes, if this is a community property state, wouldn’t the spouse have legal recourse to be the primary beneficiary regardless of what owner designated?
by Bmac
Sat Jan 25, 2020 8:12 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity or Schwab have an online community comparable to Boglehead.org?
Replies: 47
Views: 5176

Re: Does Fidelity or Schwab have an online community comparable to Boglehead.org?

Bogleheads is not directly affiliated with Vanguard. Yes, the name comes from the founder of The Vanguard Group, John Bogle, and certainly many users of the forum are enthusiastic fans of Vanguard, but there are plenty of forum members that use Fidelity or Schwab or some combination of the three or ...
by Bmac
Sat Jan 25, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: charles schwab referral bonus
Replies: 8
Views: 1325

Re: charles schuab referral bonus

Well, if the offer came from charles schuab, it might be spam. Lol.
by Bmac
Wed Jan 22, 2020 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard tax documents now becoming available
Replies: 32
Views: 3827

Re: Vanguard tax documents now becoming available

I wasn’t aware there was a prize for being first to file taxes. What’s the big rush? The garden variety tax forms will be available in plenty of time to file without an extension. I believe some Bogleheads purposely file an extension every year. Regardless of need.
by Bmac
Tue Jan 21, 2020 12:33 pm
Forum: Personal Consumer Issues
Topic: If you could only listen to one podcast...
Replies: 138
Views: 11943

Re: If you could only listen to one podcast...

In truth not the podcast I would listen to if I only had one, but since it hasn't been mentioned previously as far as I can see and because most of the episodes are incredibly thought-provoking and educational, "Why Is This Happening w/ Chris Hayes." Admittedly a very progressive bent, but perhaps e...
by Bmac
Wed Jan 01, 2020 7:14 pm
Forum: Personal Investments
Topic: Mailing Rollover Check to Vanguard
Replies: 41
Views: 2039

Re: Mailing Rollover Check to Vanguard

I’m in the process of doing a rollover from a former employer 401k to current but have a small Roth part separately go to my Vanguard Roth IRA. I didn’t want to actually have the funds pass through my hands in the form of a check. So I directed them to do it custodian to custodian. Of course I’m cur...
by Bmac
Fri Dec 20, 2019 6:31 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 921
Views: 82029

Re: Talk me out of buying a Tesla Model 3

Tesla has become more mainstream- I was VERY surprised to learn that Tesla sells more cars in the US than BMW and that the cost of ownership is less than a Toyota. I will be checking Tesla out when I am in the market... https://cleantechnica.com/2019/08/10/tesla-model-3-outsold-bmw-mercedes-audi-le...
by Bmac
Sat Dec 14, 2019 8:12 pm
Forum: Personal Investments
Topic: Comment on my Donor-Advised Fund strategy
Replies: 43
Views: 2009

Re: Comment on my Donor-Advised Fund strategy

The donor-advised fund is not owned by you. Instead, you only advise it. Since the charity is the fiduciary and probably follows some prudent rules, I don't think you can hold individual stocks in it. Instead, they will be sold by the charity and you will be able to advise the charity to invest in ...
by Bmac
Wed Dec 11, 2019 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Most estates don't go through probate [*]
Replies: 39
Views: 4959

Re: Most estates don't go through probate [*]

Cowdogman “ I used a partner at a major law firm in Seattle for our estate planning, and his firm has been doing estate planning for over 100 years. We talked briefly about avoiding probate, but he dismissed the idea--given that our estate is simple (house, personal property and investments) he didn...
by Bmac
Fri Nov 29, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Year-end tax planning on Black Friday ... done
Replies: 5
Views: 830

Re: Year-end tax planning on Black Friday ... done

“4. Confirm my solo 401(k) contribution made earlier. I need to write a check and contribute another $1.” Can you explain this step? How are short $1 for your 2019 contribution? And even if you are, is it worth the time, effort and expense of writing and mailing a check? Truly not meant to be snarky.
by Bmac
Wed Nov 27, 2019 2:06 pm
Forum: Personal Consumer Issues
Topic: I wish I could ignore it...but I can't (ZILLOW!)
Replies: 68
Views: 9887

Re: I wish I could ignore it...but I can't (ZILLOW!)

Maybe you should just sell your house and see who’s right. You or Zillow/Redfin. Otherwise it doesn’t seem like a particularly useful thing to obsess over. Focus on things you can control.
by Bmac
Wed Nov 27, 2019 1:59 pm
Forum: Personal Investments
Topic: So I had my free phone call from Personal Capital . . .
Replies: 27
Views: 4331

Re: So I had my free phone call from Personal Capital . . .

I find the ability to aggregate all our various accounts on Personal Capital to be quite useful and an easy way to keep track of our asset allocation and net worth. Sure, I get cold calls to set up a meeting every 3-4 months, but I simply politely decline the offer. No big deal.
by Bmac
Sun Nov 17, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Is this a fair price for a wealth manager financial advisor?
Replies: 43
Views: 3712

Re: Is this a fair price for a wealth manager financial advisor?

As a counterpoint to most of the above responses, in truth $15k per annum is on the low end of fees for boutique wealth management. It’s in the ballpark of fees charged by all the other curated financial advisors on the WCI site. Whether or not the advice and management obtained for that is worth it...
by Bmac
Wed Nov 06, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 5047

Re: Best month to take RMDs?

Well, definitely not October, according to Mark Twain:

OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February.
- Pudd'nhead Wilson's Calendar
by Bmac
Tue Nov 05, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: payoff period for viable solar ?
Replies: 17
Views: 1083

Re: payoff period for viable solar ?

There are a bunch of variables to consider, many of which may change over the life of the panels (20 years, give or take.) Google's Project Sunroof (https://www.google.com/get/sunroof) has many of these variables figured into the equation you're looking for: net present value. The 20-year NPV for m...
by Bmac
Mon Sep 23, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Long Term FAFSA/College Strategy
Replies: 150
Views: 9517

Re: Long Term FAFSA/College Strategy

One other strategy is to have a bunch of kids, 10+. You will have a lot of tax write-offs in the years up to college and then having many kids in college may make you FAFSA-eligible. Download the form and play with the numbers. It’s not that complicated. Ha ha. Best answer. Well at least the most h...
by Bmac
Wed Sep 11, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: Calling all iPhone SE Bogleheads
Replies: 61
Views: 5295

Re: Calling all iPhone SE Bogleheads

Devoted SE user until 3 weeks ago. However, the storage in the 16 GB version was constantly nearly full. So I made the leap to an XR. Always thought I would hate the large size, but it turns out it fits fine in my pockets and is easier to see. It’s hilarious how small my wife’s SE seems now if I pic...
by Bmac
Mon Jun 24, 2019 11:02 am
Forum: Personal Consumer Issues
Topic: 5 days in Como, Italy
Replies: 15
Views: 1462

Re: 5 days in Como, Italy

Thank you for all the recommendations.
by Bmac
Thu Jun 20, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: 5 days in Como, Italy
Replies: 15
Views: 1462

5 days in Como, Italy

My wife and two young adult children (14 and 16) will be spending 5 days in Como this summer. Besides exploring Como, taking the ferry to Bellagio and spending a day in Milan, what other relatively nearby locations would you recommend we visit? We will have a rental car. Anything less than 90 minute...
by Bmac
Wed Mar 27, 2019 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Shipping DD away....
Replies: 14
Views: 2237

Re: Shipping DD away....

Japan is a very modern country. Her ATM card should work spectacularly for her. She will also be able to use any credit card, but choose one with no foreign transaction fee, such as Capital One and many others nowadays. Inform the card issuer of one's travel plans via their web site or phone. I've ...
by Bmac
Fri Mar 22, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Twitter [Is mobile number needed to register?]
Replies: 20
Views: 846

Re: Twitter

I'm not sure Twitter is really any worse than other social media or the internet in general. Like Facebook, Instagram, and myriad websites/blogs/fora, it can be an echo-chamber for reinforcing one's biases and home to horrible, anonymous trolls. The Bogleheads.org forum is a rare and shining example...
by Bmac
Thu Jan 31, 2019 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 4065

Re: Age discrimination in the medical professions as one gets older?

I think the article is a bit overblown. If you can successfully get an MD and finish an accredited residency it seems to me highly unlikely you will not be able to maintain a career at a reasonably high salary compared to the vast majority of nonprofessionals. I would say much better job security th...
by Bmac
Sat Jan 26, 2019 5:14 pm
Forum: Personal Consumer Issues
Topic: Too early to start on my taxes?
Replies: 45
Views: 3741

Re: Too early to start on my taxes?

I don’t understand the rush to file taxes. Especially if one is going to owe some. I’m pretty sure I recall that Livesoft extends and files in October every year.
by Bmac
Tue Jan 22, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Verifying Vanguard 1099-DIV
Replies: 21
Views: 1642

Re: Verifying Vanguard 1099-DIV

Do you have the mutual fund only accounts or the new brokerage account? My mutual fund only accounts are reported correctly to the penny. Yes. Any chance you changed from a mutual fund to brokerage account in 2018? If you did, you will probably get 2 1099s that will total to the correct amount. If ...
by Bmac
Fri Jan 18, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: How do you keep a calendar?
Replies: 63
Views: 3722

Re: How do you keep a calendar?

1. Family calendar on the fridge (column for each parent and kid). 2. 2-year monthly planner in my hip pocket. I have found that there is no digital calendar that lets one flip through month to month and get a real bird's eye view of events, work schedule, vacations, etc. 3. For important dates that...
by Bmac
Fri Jan 18, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Workaround for DW to contribute to a deductable IRA
Replies: 2
Views: 175

Re: Workaround for DW to contribute to a deductable IRA

Short of going from Dear Wife to Divorced Wife, I think the best option is a backdoor Roth.
by Bmac
Tue Jan 15, 2019 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Best way to help my wife buy a new car (gift tax implications?)
Replies: 15
Views: 2157

Re: Best way to help my wife buy a new car (gift tax implications?)

Terrific news! Looks like she can get a much more expensive car with no gift tax implications. Did someone say, “Tesla?” 😂
by Bmac
Sun Jan 06, 2019 10:19 pm
Forum: Personal Investments
Topic: High income earner with high debt.
Replies: 20
Views: 2148

Re: High income earner with high debt.

How long have you been out of residency? When did you buy the luxury car you can’t afford? At your income level you should be able to contribute to all your available tax-deferred accounts AND pay down your student loan debt with a goal to pay it off in 2-3 years rather than let your lifestyle expan...
by Bmac
Sat Jan 05, 2019 9:32 pm
Forum: Personal Consumer Issues
Topic: Carryon for 7-day FL vacation?
Replies: 63
Views: 3056

Re: Carryon for 7-day FL vacation?

TSA agents search many bags during their shift and they usually change their gloves or they are suppose to change those gloves but the sleeves of their shirts still touch both clean and dirty clothes during their searches. Think about it. I am thinking: I don't think you should be flying. Or leavin...
by Bmac
Tue Jan 01, 2019 7:07 pm
Forum: Personal Consumer Issues
Topic: Uber/Lyft where do you sit?
Replies: 42
Views: 4362

Re: Uber/Lyft where do you sit?

runner3081 wrote:
Tue Jan 01, 2019 6:38 pm
Always front, passenger side.
It would be rather surprising if it was front, driver side. 😂

If by myself, rear passenger side. If with my spouse and two children, then front seat with them across the rear seats.
by Bmac
Tue Jan 01, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 10050

Re: Is everyone maxing out their Roth IRA today? AA question too.

Yes, just did. max in VTIAX/VTSAX, via backdoor. https://www.bogleheads.org/wiki/Backdoor_Roth_IRA How did you backdoor for 2019 today? I contributed the 2019 max for spouse and I to our TIRAs this morning (from taxable settlement fund to TIRA settlement fund) but will not be able to do the backdoo...
by Bmac
Tue Jan 01, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 10050

Re: Is everyone maxing out their Roth IRA today? AA question too.

Yes, just did. max in VTIAX/VTSAX, via backdoor. https://www.bogleheads.org/wiki/Backdoor_Roth_IRA How did you backdoor for 2019 today? I contributed the 2019 max for spouse and I to our TIRAs this morning (from taxable settlement fund to TIRA settlement fund) but will not be able to do the backdoo...
by Bmac
Mon Dec 31, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: iPad vs iPadPro
Replies: 20
Views: 2084

Re: iPad vs iPadPro

Is anyone else bummed out that the iPad mini size is basically being dropped by Apple? I don’t like the largest iPhones (or their price) and the standard size iPads are less comfortable to hold on my lap. Personally I find the mini size perfect for reading using the Kindle app or streaming sports or...
by Bmac
Thu Dec 27, 2018 6:33 pm
Forum: Personal Consumer Issues
Topic: What is the oldest article of clothing you wear or have worn?
Replies: 12
Views: 810

Re: What is the oldest article of clothing you wear or have worn?

I have a fantastic ski sweater of my father’s that must be from the 1950s. It’s in immaculate condition and the quality far outstrips any modern knitwear I’ve seen. I also have the tuxedo my grandfather wore for his wedding. Unfortunately it doesn’t really fit me, not that I have many opportunities ...
by Bmac
Wed Dec 26, 2018 7:09 pm
Forum: Personal Investments
Topic: Just executed first TLH - tips I've learned from Bogleheads and a big thanks!
Replies: 18
Views: 1861

Re: Just executed first TLH - tips I've learned from Bogleheads and a big thanks!

As noted by someone on a different but related thread, it seems best to wait for the very end of the trading day to perform most buy, sell and exchange transactions as you should be fairly confident about the day’s closing numbers. I’ve been able to both exchange mutual funds and buy the same final ...
by Bmac
Wed Dec 26, 2018 6:51 pm
Forum: Personal Investments
Topic: Just executed first TLH - tips I've learned from Bogleheads and a big thanks!
Replies: 18
Views: 1861

Re: Just executed first TLH - tips I've learned from Bogleheads and a big thanks!

Hi, I just executed my first TLH today. This will be a big money-saver at tax time, so I'm feeling excited about that and also grateful to all of you. Huge thanks for sharing your wisdom, day in and day out. :beer In an effort to capture some of these Bogleheads-provided learnings :happy , here is ...
by Bmac
Tue Dec 11, 2018 8:46 pm
Forum: Personal Consumer Issues
Topic: Buy Lexus CPO now or wait until end of Dec.?
Replies: 23
Views: 1912

Re: Buy Lexus CPO now or wait until end of Dec.?

I can’t comment too much on the Lexus. However, I agree that $3500 for 2005 CR-V trade in with that mileage seems like a darn good offer. It must be in excellent condition. We recently bought a used Acura RDX. One year older with more miles. Didn’t get much movement on the offer. I will say that a w...
by Bmac
Thu Dec 06, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: County not accepting 2018 property taxes in 2018 - need help with ideas.
Replies: 138
Views: 7495

Re: County not accepting 2018 property taxes in 2018 - need help with ideas.

I remain confused why the OP seems to think this is more than a one year problem, given the SALT limits. I think the OP wisely bunched property tax payments in 2017 before the new law kicked in. But by doing so, now no property tax for 2018 deductions. But then in 2019 will resume having a year’s w...
by Bmac
Thu Dec 06, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 14219

Re: Who else is getting excited?

I don’t find volatility exciting. I don’t enjoy seeing the economy crater, if that happens. Agree that it might be good for the young investor with a long time horizon. But I don’t think 2008 was particularly good for the many that lost their jobs, houses or both, regardless of age. It’s difficult t...
by Bmac
Thu Dec 06, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: County not accepting 2018 property taxes in 2018 - need help with ideas.
Replies: 138
Views: 7495

Re: County not accepting 2018 property taxes in 2018 - need help with ideas.

I remain confused why the OP seems to think this is more than a one year problem, given the SALT limits. I think the OP wisely bunched property tax payments in 2017 before the new law kicked in. But by doing so, now no property tax for 2018 deductions. But then in 2019 will resume having a year’s wo...
by Bmac
Sun Dec 02, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 84
Views: 13067

Re: Tax Reform - Revised Kiddie Tax

Terrific. Thanks. That’s what I was calculating as well.
by Bmac
Sun Dec 02, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 84
Views: 13067

Re: Tax Reform - Revised Kiddie Tax

Ok. So please help me with the math. If my child has 0 earned income, $900 Short Term Capital Loss and $4000 in Qualified Dividends in UTMA, how much LTCG can we take and remain at the 0% tax rate for 2018 under the new rules?
by Bmac
Sat Dec 01, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Hiring a Nanny
Replies: 13
Views: 1612

Re: Hiring a Nanny

Deduction? Ha ha. If they hire directly rather than through a service they will be paying taxes (FICA, SS, Medicare) via Schedule H. If available through one of their employers, it may be possible to use as much as $5000 pretax to pay the nanny via a Dependent Spending Account. Homeowners and Umbrel...
by Bmac
Thu Nov 22, 2018 6:58 pm
Forum: Personal Consumer Issues
Topic: Men's crew neck t-shirts
Replies: 47
Views: 4149

Re: Men's crew neck t-shirts

Amazon Essentials 6-pack cotton crew neck undershirts for $16.
by Bmac
Mon Nov 19, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Question for MDs: How much math required for med school?
Replies: 9
Views: 1158

Re: Question for MDs: How much math required for med school?

It’s actually very little required, I believe. I took a year. Included calculus. This was 30 years ago, of course.
by Bmac
Thu Oct 18, 2018 9:59 pm
Forum: Personal Investments
Topic: Spoke with a CFP...underwhelming!
Replies: 51
Views: 5746

Re: Spoke with a CFP...underwhelming!

Actually, I would say his advice was at least “whelming.” Perhaps redundant for a well educated Boglehead, but certainly appropriate for the average non-Boglehead with little interest in DIY personal finance. For most, if a CFP can get the client to implement the recommendations and maintain a buy a...
by Bmac
Sat Oct 13, 2018 9:27 am
Forum: US Chapters
Topic: Seattle Area Chapter Meetings - Master Thread
Replies: 184
Views: 49266

Re: Seattle Area Chapter Meetings - Master Thread

Steve Juetten and his team. Based in Bellevue. Good guy. Straight shooter. Fee only. Very much Boglehead.

https://finpath.com