Search found 864 matches

by Iorek
Sat Dec 09, 2017 11:16 am
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 59
Views: 2720

Re: Stocks always in taxable for tax efficient investing?

For what it's worth, in my Roth I have mostly stocks, in my 401k I have both stocks and bonds according to my general asset allocation, and for taxable I buy index funds and i-bonds (overweighting the i-bonds, which serve as EF as well). My 401k is the large majority of our investments. Personally t...
by Iorek
Sat Dec 09, 2017 10:50 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 7
Views: 1030

Re: Thrift Savings Plan to Change I Fund Index

That is good news. For a while I tried to complete my TSP investment with an emerging markets fund but quickly decided that was not for me ;)
by Iorek
Sun Dec 03, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Trust or Will
Replies: 14
Views: 1578

Re: Trust or Will

I am not sure I understand why the question is being framed as an "either/or". I think you should always have a will if you have a non-negligible amount of assets. Don't forget, if you have any real property which you fail to properly deed into the trust (this can include property you don't know yo...
by Iorek
Sun Dec 03, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth question, no 401k right now
Replies: 4
Views: 307

Re: Backdoor Roth question, no 401k right now

You don't have to do the whole thing, but you will have to pay tax on roughly 95% of whatever you do put in the Roth. Might be better to leave it in the traditional.
by Iorek
Sun Dec 03, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: Priority Pass- not quite totally useful
Replies: 19
Views: 2062

Re: Priority Pass- not quite totally useful

I don't disagree with you, but I can also say that there have been times when it has been very useful indeed. So I think I'd call it "occasionally pretty nice to have" (which isn't really very different ;))
by Iorek
Wed Oct 25, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: No true pay as you go [cellphone plan]
Replies: 63
Views: 5291

Re: No true pay as you go [cellphone plan]

what about straight talk? we used to have it
by Iorek
Sun Oct 15, 2017 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable or tax advantaged?
Replies: 11
Views: 1106

Re: Bonds in Taxable or tax advantaged?

Honestly it's never been clear to clear whether bonds belong in tax-deferred or taxable so I don't worry about it -- I buy i-bonds and then have about 10% on my taxable in bonds.
by Iorek
Thu Oct 12, 2017 7:13 am
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1778

Re: $5.5K to invest - best strategy

If you would feel worse in 1o years not investing in bitcoin and having it go up 5x than investing it bitcoin and having it go to 0 and you don't need the money then I could see investing in bitcoin. Otherwise a Roth.
by Iorek
Mon Oct 09, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Bogota and the Coast of Colombia travel
Replies: 57
Views: 8760

Re: Bogota and the Coast of Colombia travel

We visited Cartagena and Santa Marta/Tayrona briefly this year but really enjoyed it. Cartagena was hot though, and they said 2 or 3 cruise ships were due in the day we left, which seems like a lot of cruisers in the old city.
by Iorek
Tue Oct 03, 2017 7:29 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 1812

Re: Visiting Paris - should we buy tickets in advance?

I would get Eiffel Tower tix in advance (there can be significant lines for security even if you have timed tix). For other museums I would look into a Paris Museum pass, but you don't need to buy one in advance. You can get them at CDG airport, or at a less crowded museum like the Cluny or St Chape...
by Iorek
Fri Sep 15, 2017 9:55 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9780

Re: Contemplating an Electric Car

I have a Spark EV lease and a 240 Volt charger at home. This is a good combo for charging convenience but the car's range has been a limitation for me. if I had 200 miles (vice 80) I would be a happy camper. For ICE we have a small Mazda van. It is absolutely true with a little planning my Wife and...
by Iorek
Mon Sep 11, 2017 6:52 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9780

Re: Contemplating an Electric Car

Been enjoying the "oil burner grin" for 6 years now. :mrgreen: Mustang GT? I saw what you did there. :mrgreen: But no, the Mustang has sparkplugs. My DD is a tuned BMW 335d. By "tuned" you mean you illegally modifed it so you can get more power but it no longer meets US emissions standards? No chan...
by Iorek
Mon Sep 11, 2017 6:50 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9780

Re: Contemplating an Electric Car

Been enjoying the "oil burner grin" for 6 years now. :mrgreen: Mustang GT? I saw what you did there. :mrgreen: But no, the Mustang has sparkplugs. My DD is a tuned BMW 335d. By "tuned" you mean you illegally modifed it so you can get more power but it no longer meets US emissions standards?
by Iorek
Fri Sep 08, 2017 9:12 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9780

Re: Contemplating an Electric Car

"Sorry, Grandma. Can't come to visit over the holidays. You live 140 miles away and my car can only go 115 miles. But, hey, I'm good 95 percent of the time." I would stop on the way to Grandma's and plug in while getting a bite to eat. Problem solved. The problem with this is the public l2 charging...
by Iorek
Wed Sep 06, 2017 8:05 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9780

Re: Contemplating an Electric Car

I have an EV with a sub-100 mile range and I love it. I love the torque, I love the one-pedal driving (with regen braking), I love that I never have to go to a gas station and yet the car is always "full." I admit that maybe once a year I will rent a car for a long trip, but that's really no differe...
by Iorek
Tue Sep 05, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 108
Views: 17524

Re: Becoming a Landlord: My Experiences

I got chewed out by LL once for calling. Can't remember exactly what was the problem-- either a lack of heat or a lack of hot water and had not gotten any response at all so I tried again and he was not happy to hear from me. Of course realized later that the apt was not up to code bcs it entirely l...
by Iorek
Mon Sep 04, 2017 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 108
Views: 17524

Re: Becoming a Landlord: My Experiences

Don't forget depreciation recapture (which technically applies so long as could have taken depreciation even if you didn't).
by Iorek
Mon Sep 04, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 108
Views: 17524

Re: Becoming a Landlord: My Experiences

Thanks for this post. On a purely numbers-basis the worst financial decision I ever made was probably to sell my first home and not rent it out because it basically doubled in value in about 10 years, but it would have stretched us financially and we weren't interested in or prepared to be landlords...
by Iorek
Tue Aug 22, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Quarterly Taxes - Best resources or just hire a CPA?
Replies: 11
Views: 780

Re: Quarterly Taxes - Best resources or just hire a CPA?

Gill wrote:
Tue Aug 22, 2017 8:34 pm
Iorek wrote:
Tue Aug 22, 2017 8:31 pm
Won't turbotax help with this?
Not really necessary. Just multiply the prior year's tax by 1.1.
Gill
Well yes, but if you have turbotax already I'd probably prefer to just open it up again and print out the vouchers for me.
by Iorek
Mon Jul 31, 2017 6:03 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 35795

Re: Tesla Model 3 or Chevy Bolt?

Seems odd not to have heated seats in all models since that's a much more efficient way for a EV to warm the passengers compared to generating hot air. This is very much a standard practice in many different car models. Basically in terms of manufacturing cost it is an additional expense to add to ...
by Iorek
Sun Jul 30, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 35795

Re: Tesla Model 3 or Chevy Bolt?

Seems odd not to have heated seats in all models since that's a much more efficient way for a EV to warm the passengers compared to generating hot air.
by Iorek
Thu Jul 20, 2017 6:36 pm
Forum: Personal Consumer Issues
Topic: Pre-pay four year tuition?
Replies: 14
Views: 1756

Re: Pre-pay four year tuition?

You can not use the 529 as a prepay for anything except for the semester currently billed. In our time we could not prepay tuition or borrow more than current semester. I'm always looking for arbitrage/hedge angles that drive some BH crazy. :oops: :annoyed :dollar Question, If you can prepay, do yo...
by Iorek
Wed Jul 12, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: soil test kit recommendation?
Replies: 6
Views: 411

Re: soil test kit recommendation?

Another vote for extension. We ended up using UMass extension (I think because they will test for lead).
by Iorek
Wed Jul 12, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Stop contributing to 529 on 50% chance grandparents pay
Replies: 42
Views: 3299

Re: Stop contributing to 529 on 50% chance grandparents pay

Someone upthread made a good point though that you can still withdraw from a 529 tax-free even if a grandparent pays tuition directly to the school (at least under current IRS rules, haven't tried to do it in practice yet) I would like a cite to the IRS regulation that permits this. 529 withdrawals...
by Iorek
Tue Jul 11, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Look at REITS as bonds for my aa?
Replies: 4
Views: 315

Re: Look at REITS as bonds for my aa?

REITs are equities. They pay out earnings because they are required to by law-- just like mutual funds-- but that doesn't make them bonds.
by Iorek
Mon Jul 10, 2017 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Stop contributing to 529 on 50% chance grandparents pay
Replies: 42
Views: 3299

Re: Stop contributing to 529 on 50% chance grandparents pay

Where you choose to save is up to you, but keep saving. This is my feeling as well. I am in a similar situation, with a greater than 50% chance of grandparent contribution. OTOH I know some very smart people who think the 529 is a great means of accumulating wealth and are funding it aggressively f...
by Iorek
Fri Jul 07, 2017 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Roth TSP - Worth it?
Replies: 15
Views: 1631

Re: Roth TSP - Worth it?

The pro rata withdrawal makes it unattractive to me as well.
by Iorek
Wed Jun 21, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Step-up basis of inherited rental properties
Replies: 10
Views: 1461

Re: Step-up basis of inherited rental properties

Clearly you should be talking with a good account. A good one will always pay for themselves by giving you proper advice and guidance. Agree. I'm sorry for your loss but I would sit down and sort through these issues with a professional (or maybe two, bcs I am not sure if you need both a lawyer and...
by Iorek
Mon Jun 19, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 31
Views: 3655

Re: Insurance snafu with sewer line break at condo

When we bought a condo our lawyer advised us to get homeowners insurance with whoever insured the rest of the building because that way the two companies can't argue with each other (although you still might not hav coverage in this particular situation).
by Iorek
Thu Jun 15, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance?
Replies: 46
Views: 4706

Re: Long Term Care Insurance?

My John Hancock policy cannot raise premiums or reduce benefits. That is almost certainly not true. Most likely you have a policy where JH would have to go the state insurance commissioner and seek permission to raise rates for the entire class of policyholders on the ground that it's needed to ens...
by Iorek
Mon Jun 12, 2017 7:03 am
Forum: Investing - Help with Personal Investments
Topic: Help a Newbie
Replies: 10
Views: 970

Re: Help a Newbie

Your wife is a nurse and she is subject to a $5k deductible for labor and delivery? That seems screwed up.
by Iorek
Sun Jun 04, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Mobile phone SIM advice for multiple countries in Europe
Replies: 30
Views: 1986

Re: Mobile phone SIM advice for multiple countries in Europe

How about just using t-mobile? Free international data and text... That's what my wife and I use, since we hardly ever call out. Using the iPhone for messaging back home and GPS on the road, or searching for resturants, hotels, and so forth... It's not practical for most people (including myself) t...
by Iorek
Sun Jun 04, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16835

Re: Flying first class, business, versus economy.

We try to fly economy plus for long flights and to find frequent flyer business class tickets (I've found United to be ok about availability, if you are flexible and willing to keep checking repeatedly beginning months in advance)
by Iorek
Sat May 27, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Why are capital gains taxed lower than div/interest?
Replies: 20
Views: 1896

Re: Why are capital gains taxed lower than div/interest?

There was a period in the 90s when all forms of income were taxed at the same rate. Made many tax policy people happy but it didn't last (bcs IMO of the outsized influence of wealthy people, who get disproportionate shares of their income from unearned income, on our political process)
by Iorek
Sun May 14, 2017 5:28 pm
Forum: Personal Consumer Issues
Topic: Tipping at All Inclusive Resort?
Replies: 67
Views: 6248

Re: Tipping at All Inclusive Resort?

I try to tip for beach service and maid service but I agree that one of the reasons I go to an AI (when I go) is to be free of money, not to be worrying about having singles and tipping etc. would never really occur to me to tip at meals.
by Iorek
Fri May 12, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: High proportion of "post-tax assets" in REITs?
Replies: 9
Views: 682

Re: High proportion of "post-tax assets" in REITs?

I guess it's personal. If you like REITs and you might want to get back up to 6% if your employer (or your employer's plan) changes in the future then I would be fine with deciding to hedge my risk by cutting back for now but not selling entirely. OTOH if you decide you'd rather not deal with a smal...
by Iorek
Sat May 06, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Southeast Asia for a week, in August first week
Replies: 24
Views: 1419

Re: Southeast Asia for a week, in August first week

Not sure how much variation among those places but I think Thailand gets brutally hot and humid in August. You might want to look at planning around climate?
by Iorek
Thu May 04, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with inheritance
Replies: 37
Views: 4084

Re: What to do with inheritance

First I am truly sorry for your loss. It sounds like you had a great mom and you lost her too soon. Second, the wiki has a good section on windfalls (including inheritances)-- https://www.bogleheads.org/wiki/Managing_a_windfall The basic advice is to put aside 6-12 months in a bank account and the r...
by Iorek
Tue May 02, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for minor
Replies: 29
Views: 1604

Re: Roth IRA for minor

The IRS is not particularly focused on this area. The key is; are your children receiving compensation for tasks that justify that payment. Somethings are clear and the rest is like many issues in the tax code, very gray. Allowances are clearly not compensation. Generally it is believed that can no...
by Iorek
Sun Apr 30, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 8795

Re: Favorite Financial Indulgences

Taking dress shirts to the dry cleaners.

I would never deprive someone of a gadget, and ymmv but I found a no-knead bread recipe (like artisan bread in 5 minutes a day) makes better bread with less effort than a bread maker. Only problem was I was eating too much bread ;)
by Iorek
Wed Apr 26, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 3680

Re: "Negative points" on mortgage

I've never had a loan with a prepayment penalty. I think they may be against the law in MD.
by Iorek
Wed Apr 26, 2017 6:53 am
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 3680

Re: "Negative points" on mortgage

Nisiprius, this might be the first time I've disagreed with one if your posts but I can't see why the borrower shouldn't just treat it as another option, calculate the break even point and decide if they will still have the mortgage at that time. In retrospect we will know the "right" answer but in ...
by Iorek
Wed Apr 26, 2017 6:18 am
Forum: Personal Finance (Not Investing)
Topic: "Negative points" on mortgage
Replies: 47
Views: 3680

Re: "Negative points" on mortgage

I did these loans regularly when I was refinancing every year or two (I've owned the same house for 15 years but probably had 5 or 6 mortgages in that time). I think that the breakeven point was usually somewhere around 7 years-- the mortgage professor website has great calculators for figuring this...
by Iorek
Sun Apr 16, 2017 10:48 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 35795

Re: Tesla Model 3 or Chevy Bolt?

Personally I see it as a charging issue. Why would I want to buy a Bolt or any electric car for that matter that I couldn't even drive long distance. It's like buying an expensive but very defective car. Not being able to drive 200+ miles on charge is defective in the same ways as not being able to...
by Iorek
Tue Mar 14, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Do unrealized gains impact a fund's price?
Replies: 7
Views: 679

Re: Do unrealized gains impact a fund's price?

Mutual funds are required to value shares each day at a price equal to the fair market value of their assets, so that would ordinarily include both unrealized gain and loss. That is generally considered a feature not a bug of mutual funds. If you poke around you should be able to find M* or other ra...
by Iorek
Sun Mar 05, 2017 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab vs Vanguard
Replies: 71
Views: 17820

Re: Schwab vs Vanguard

That's pretty impressive that competition has driven the prices down. I will say that without a doubt Schwab (and T Rowe Price) have better customer service that Vanguard, but I rarely need customer service (honestly Vanguard, in 2017 your CSRs really assume without asking that my wife and I share t...
by Iorek
Sun Feb 26, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: What Amount of My Bonds Should Be I Bonds?
Replies: 10
Views: 1477

Re: What Amount of My Bonds Should Be I Bonds?

I don't have a view of how much "should" be I bonds but I just want to say that when I was starting out I liked i bonds a lot as a vehicle for extra savings because they are tax deferred (or conceivably exempt), liquid, and offer guaranteed but decent returns. It's a good option for money ...
by Iorek
Fri Feb 17, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 35795

Re: Tesla Model 3 or Chevy Bolt?

my problem is I just want an appliance. I am used to Toyota and Honda reliability and scared to own anything else. They're not perfect but the odds are in my favor. Ok, if you want just an "appliance" then you need to wait a while...a long while! Remember, you are comparing the reliabilit...
by Iorek
Thu Feb 16, 2017 11:03 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 35795

Re: Tesla Model 3 or Chevy Bolt?

I think Tesla is under such pressure to produce cars that quality will continue to suffer. I'd get a Bolt now while you can get the tax credit (or don't and leave one for me ) It's amazing to me to see how quickly the level 3 charging network os being built out. 18 months ago there wasn't a single C...