Search found 935 matches

by Iorek
Wed Sep 19, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: TSP to Increase Stock Holdings in L Funds
Replies: 21
Views: 733

Re: TSP to Increase Stock Holdings in L Funds

In addition to what has been said above, I think fundamentally TSP needs to wrestle with the question of whether/how much they expect people to annuitize their accounts at retirement because I think will significantly affect the decision about appropriate glide paths. The amount of risk you want to ...
by Iorek
Tue Sep 18, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: Northwest FCU 3-year 3.04% Add-On CD
Replies: 354
Views: 37250

Re: Northwest FCU 3-year 3.04% Add-On CD

I'm going to miss this account. What I liked best was the "add-on" feature. I didn't have as much as some in my CD but every random check I got was deposited by app to this account to earn 3% interest.
by Iorek
Tue Sep 18, 2018 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Revocable Living Trust vs. Will with Kids Trust
Replies: 5
Views: 503

Re: Revocable Living Trust vs. Will with Kids Trust

I think living trusts are a pain and overrated for most estate planning purposes.
by Iorek
Sun Sep 16, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 4996

Re: 38% pay cut for dream job?

What makes someone a "spy" is the fact that they are covert. Representing US interests publicly and networking among different groups is not what makes someone a spy.
by Iorek
Sat Sep 15, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 4996

Re: 38% pay cut for dream job?

This does seem like a no brainer to take the job-- it might be harder if the alternative was a stable job you liked less or your spouse wasn't up for it or something. I guess a couple things you could think about is if the job's reality will match your expectations-- you might see if you can find an...
by Iorek
Sat Sep 08, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Cell phone tip: block callers
Replies: 50
Views: 6769

Re: Cell phone tip: block callers

FYI, Tmobile will occassionally flag incoming calls as "likely spam" and then there is an option to block those calls.

I have fairly unusual exchange on my home and cell and I never answer a call using that exchange.
by Iorek
Fri Sep 07, 2018 5:23 am
Forum: Investing - Theory, News & General
Topic: Mutual Fund Fee Wars Will Encourage Bad Behavior
Replies: 26
Views: 2608

Re: Mutual Fund Fee Wars Will Encourage Bad Behavior

"But fees on investment products can actually be good. Sometimes, such as with high commissions on stock trades, the sales loads ensure that investors are much less likely to churn their funds if they have to pay 200 to 500 basis points each time they want to get in or out." That's kind of like say...
by Iorek
Mon Sep 03, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 650

Re: Donor advised fund

Sure, fair point. I'm happy to dump it all in the DAF and save myself the bookkeeping, but there are plenty of reasons to do it the other way too. That reminds me that not having to track charitable contributions during the year is one of best things about it for me. Instead I just use the app to a...
by Iorek
Mon Sep 03, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 650

Re: Donor advised fund

Tax free growth isn't entirely trivial either - it shields you from taxable distributions, which is especially helpful for bond funds. But couldn't you just contribute those distributions and deduct them? I guess they'd be below the line which might matter to some people but in general I am not see...
by Iorek
Mon Sep 03, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 650

Re: Donor advised fund

I also like giving anonymously.

Note that DAF funds (at least at Schwab) can't be used if you are getting anything in return-- so for example, you can't buy a ticket to a local charity fundraiser, or make a pledge which is later funded by the DAF.
by Iorek
Mon Sep 03, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Donor advised fund
Replies: 21
Views: 650

Re: Donor advised fund

If you donate appreciated assets you usually get a tax deduction for the full value, even if you were not ever taxed on the appreciated value (and of course if you were taxed on the income you could also take it as a deduction) so I am not entirely sure the tax-free growth is that strong an argument...
by Iorek
Mon Sep 03, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Mortgage, Emergency Fund, etc.
Replies: 51
Views: 4219

Re: Analysis Paralysis - Mortgage, Emergency Fund, etc.

One thing I learned on BH is if you are suffering analysis paralysis then often a reasonable approach is to split the difference. We are fairly risk-averse in our investments (my user name is a fictional bear) and early on when we had extra money outside of retirement savings we put it in i-bonds. I...
by Iorek
Mon Sep 03, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5687

Re: Don't Look and Have A Doctor Waiting When You DO

For what it's worth I only check balances once a year, and even then I am not really auditing the account but just checking if we are on track. I got into that habit partly to save time-- we used to have accounts at 4 or 5 different custodians-- and partly to save my sanity/avoid making mistakes, e...
by Iorek
Mon Sep 03, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: 1st time dad, OK to use willmaker software?
Replies: 37
Views: 3189

Re: 1st time dad, OK to use willmaker software?

I just want to reiterate that it's not an either/or situation. When our child was born we did a will using willmaker plus because that's all we had time/energy for. Fortunately it was not tested but I think it was a perfectly fine will (I later compared it to a simple will a friend got from a lawyer...
by Iorek
Sun Sep 02, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5687

Re: Don't Look and Have A Doctor Waiting When You DO

For what it's worth I only check balances once a year, and even then I am not really auditing the account but just checking if we are on track. I got into that habit partly to save time-- we used to have accounts at 4 or 5 different custodians-- and partly to save my sanity/avoid making mistakes, es...
by Iorek
Fri Aug 24, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8485

Re: $65K Fun Daily Driver

If you want fun and low-end torque have you considered an EV? The Jaguar i-pace is getting good reviews, or there's always Tesla.
by Iorek
Sun Aug 19, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2506

Re: How to Treat "Negative" Basis in Nondeductible IRA

If the IRS ever intended that a total distribution of a TIRA or Roth IRA for less than the account basis was addressed solely by the misc deduction, they never so indicated. Instead, for TIRAs they published a "Total Basis Chart" in the 8606 Inst. These instructions also do not mention that such ba...
by Iorek
Sat Aug 18, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Minimizing Capital Gains Tax When Transferring to Vanguard
Replies: 10
Views: 694

Re: Minimizing Capital Gains Tax When Transferring to Vanguard

You should separate out the question of which firm has custody of your assets and what those assets are. I would assume the first step is to transfer the assets over-- that should not incur any capital gains tax but would simply be a change in which firm is custodian of the assets. You can't transfe...
by Iorek
Sat Aug 18, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4599

Re: Advantages of I-Bonds vs CD ?

I don't want to use my limited IRA space for many bonds, so I perceive I-bonds as being the easiest way to get some inflation protection and also as being a good second level emergency fund. Occasionally the purchase limit has been a constraint but usually it's not (it probably does constrain my dec...
by Iorek
Sat Aug 18, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: How to Treat "Negative" Basis in Nondeductible IRA
Replies: 52
Views: 2506

Re: How to Treat "Negative" Basis in Nondeductible IRA

Suppose you do backdoor Roths every year. One year you forget to convert right away and the $5,500 drops to $5,000. Your basis (non-deductible contribution) is still 5.500. If you convert the $5,000 to Roth, then you will have a negative basis remaining (5,000 conversion minus its basis of 5,500). ...
by Iorek
Thu Aug 16, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: Best (cheapest) way to book a flight well in advance
Replies: 15
Views: 1644

Re: Best (cheapest) way to book a flight well in advance

Southwest flies to Costa Rica and does not show up on many search engines, so I'd check them separately. (Also if you see their cheapest fare available, that's probably going to be a good fare) I'd be careful about booking Spirit (things might go great but if they don't-- if your flight is canceled-...
by Iorek
Wed Aug 15, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: Maturing Credit Union 3% CD's this year
Replies: 45
Views: 4777

Re: Maturing Credit Union 3% CD's this year

Bumping this topic because I have a NWFCU CD maturing this fall and they just sent an offer for a 2.75% apy 30 month CD. Seems competitive (if not the absolute best rate out there)?

Also interested to hear what else people are considering.
by Iorek
Wed Aug 01, 2018 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy new Nissan Leaf?
Replies: 35
Views: 2472

Re: Should I buy new Nissan Leaf?

I would do it-- only issue would be whether to wait for next year's model because it will have a range closer to 250 miles than 150 miles-- it will probably cost $5-6k more though.
by Iorek
Sat Jul 28, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: EMV Chip + Pin priority credit cards available in the USA?
Replies: 11
Views: 616

Re: EMV Chip + Pin priority credit cards available in the USA?

There is a lot of information over on the flyertalk boards. I think this might be the most recent thread/wiki

https://www.flyertalk.com/forum/credit- ... a-242.html
by Iorek
Wed Jul 25, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: How to Learn Italian (a little) Before Trip to Italy
Replies: 34
Views: 2152

Re: How to Learn Italian (a little) Before Trip to Italy

I've used mango through our local library and liked it. It's pretty good at teaching some basic conversational phrases, although you might have to stick with a few lessons to get a good range. Probably you don't "need" but I think it's at least polite, you never know when it will come it handy, and ...
by Iorek
Wed Jul 25, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: How to Learn Italian (a little) Before Trip to Italy
Replies: 34
Views: 2152

Re: How to Learn Italian (a little) Before Trip to Italy

I've used mango through our local library and liked it. It's pretty good at teaching some basic conversational phrases, although you might have to stick with a few lessons to get a good range. Probably you don't "need" but I think it's at least polite, you never know when it will come it handy, and ...
by Iorek
Mon Jul 23, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone sell their car to Carmax or webuyanycar.com?
Replies: 34
Views: 3671

Re: Anyone sell their car to Carmax or webuyanycar.com?

crystalbank wrote:
Mon Jul 23, 2018 6:32 pm
You can also try Vroom.com and Carvana. They both compete with Carmax and usually have better appraisals.
I had a good experience with Vroom as mentioned in this thread--

viewtopic.php?f=11&t=203121
by Iorek
Sat Jul 21, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Benefits Question - Annuity, TSP, FEHBP
Replies: 21
Views: 1523

Re: Federal Benefits Question - Annuity, TSP, FEHBP

Just noting the COLA is 1% less than CPI increase if the CPI increase is 3% or more.
by Iorek
Mon Jul 16, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 3084

Re: Would you pay $120 for a 5 year dishwasher warranty?

I did and am glad-- used it probably 4 times so far? Once it turned out the problem was a supply pipe freezing, but did not get charged for the service visit (which would have been $100). Once the control panel died (guy mumbled something about moisture not being good for electronics). Then the cont...
by Iorek
Wed Jul 11, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: looking for a new (online) savings account home
Replies: 23
Views: 2122

Re: looking for a new (online) savings account home

Thanks all. I don't feel the need to rate chase, but I am starting to take it a little personally that Emigrant Direct sees no need to even pretend to be competitive on rates, so maybe we'll switch to Ally.
by Iorek
Tue Jul 10, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: looking for a new (online) savings account home
Replies: 23
Views: 2122

looking for a new (online) savings account home

I like to keep some cash in an online savings account as a savings account for home repairs/car replacement/emergencies, etc. It fluctuates but it's generally in the $20-60k range. For a long time we've been used emigrant direct because 10+ years ago it had good rates, and while it hasn't had compet...
by Iorek
Sat Jun 02, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Any reasons to not put money down for a Tesla Model 3?
Replies: 62
Views: 4985

Re: Any reasons to not put money down for a Tesla Model 3?

You should go test drive a Chevy Bolt-- that is an affordable well-built EV with 200+ mile range you can actually test drive (see Motor Trend's verdict after a year here http://www.motortrend.com/cars/chevrolet/bolt-ev/2017/2017-chevrolet-bolt-ev-review-long-term-verdict/) If you need a bit less ran...
by Iorek
Mon Apr 02, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Applying some of refund to next year
Replies: 13
Views: 1144

Re: Applying some of refund to next year

If you use the same tax software this year and next year the software should automatically carry over the prepaid amount (at least turbotax does). I don't pay estimated tax so sometimes if I have a refund coming this year and extra income coming next year I will throw $500-1000 at next year's taxes....
by Iorek
Sun Mar 18, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question - NJ vs PA + DC vs NY vs PA
Replies: 7
Views: 521

Re: Tax Question - NJ vs PA + DC vs NY vs PA

You haven't provided many facts so I would just caution you to be careful about assuming you can decide where you and your wife are resident. You may have researched it thoroughly and reached that conclusion but IME the state laws can be tricky here and one usually has less flexibility than one migh...
by Iorek
Sat Mar 17, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: DAF tax reporting
Replies: 7
Views: 393

Re: DAF tax reporting

I think if they were purchased at various dates but all the dates are over a year ago, TT will let you use "various" as the date. (Even if they don't, you could override the form to use that and file a paper return).
by Iorek
Thu Mar 15, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: If you were to fully fund 2 Roths 22k tommorow.
Replies: 20
Views: 1620

Re: If you were to fully fund 2 Roths 22k tommorow.

Personally I would put it in a target retirement fund but others will chime in to say you should indicate what the rest of your savings are, where they are invested, and what your preferred asset allocation is.
by Iorek
Mon Mar 12, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Stay in federal employment vs leave for private practice
Replies: 30
Views: 2825

Re: Stay in federal employment vs leave for private practice

With 4 kids no way would I do that. Realistically how much time could you spend with/being responsible for your kids?
by Iorek
Sat Mar 10, 2018 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Stay in federal employment vs leave for private practice
Replies: 30
Views: 2825

Re: Stay in federal employment vs leave for private practice

I guess you could try to cost it out for a better apples to apples comparison but it does not sound to me as though it is worth it (but admittedly I am a little biased against change because of the uncertainties). You will face increased demands, and a huge commute, which have the potential to add a...
by Iorek
Wed Mar 07, 2018 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: How many shares of VT can I buy without affecting the price?
Replies: 20
Views: 2752

Re: How many shares of VT can I buy without affecting the price?

If you were concerned about it, couldn't you avoid the problem by purchasing the mutual fund and converting to the ETF?

Seems like if there was an effect on share prices from your purchase that would spread it across the entire mutual fund. Or am I thinking about that wrong?
by Iorek
Thu Mar 01, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Nanny Payroll Services - Who do you use?
Replies: 17
Views: 3133

Re: Nanny Payroll Services - Who do you use?

I did it myself. My state allowed UI to be paid online each quarter, and for federal I upped my withholding and filed schedule H on my 1040. SSA also lets you file electronically (and even generated a nice W2 for me to give to the employee). I understand not everyone wants to do it themselves, espec...
by Iorek
Wed Feb 28, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Donor Advised Fund (DAF) - Which Company to Use
Replies: 41
Views: 4000

Re: Donor Advised Fund (DAF) - Which Company to Use

I don't have experience with the others but I went with Schwab because that's where the securities we wanted to donate were held and we've been happy. It's very nice to think "I'd like to give some loney money to this group" and then I can open up the Schwab app, type in the charity and amount (and ...
by Iorek
Thu Feb 22, 2018 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Help invest an extra $5,000 per month
Replies: 19
Views: 2529

Re: Help invest an extra $5,000 per month

I agree with backdoor Roths for 2017 and 2018 (I actually wouldn't bother converting until you've made the 2018 contribution and if bonuses might put you over the income limit there's no reason not to err on the safe side and just do a backdoor Roth). I think you have enough that you could sensibly ...
by Iorek
Mon Feb 19, 2018 11:22 pm
Forum: Personal Consumer Issues
Topic: Seeking Cruise Suggestions
Replies: 36
Views: 2655

Re: Seeking Cruise Suggestions

I would second Windstar as a possible cruise line (although Azamara and Ponant I think also tend to have interesting cruises). If you sign up for their emails you will see they sometimes have repositioning cruises, where they need to get the ship from the Mediterranean to Asia or North America which...
by Iorek
Mon Feb 19, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning RLT vs. Testamentary (Texas)
Replies: 13
Views: 916

Re: Estate Planning RLT vs. Testamentary (Texas)

Do you have a mortgage on your residence (and any possibility of refinancing it)? IIRC having property in trust complicates borrowing on it. In general I think living trusts are overrated but it can be state-specific and it sounds like you are at least doing your homework to make an informed decision.
by Iorek
Sat Feb 17, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Sell - DC Version
Replies: 15
Views: 1317

Re: Rent or Sell - DC Version

True, but you just have to live there for 2 of the last 5 years. You can rent for two years, list in spring/summer 2020, and then sell. Because of DC laws I would be cautious about this approach. Which DC law(s)? The ones discussed already-- primarily TOPA but also landlord-tenant law in general. T...
by Iorek
Sat Feb 17, 2018 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Sell - DC Version
Replies: 15
Views: 1317

Re: Rent or Sell - DC Version

DVMResident wrote:
Fri Feb 16, 2018 12:27 pm


True, but you just have to live there for 2 of the last 5 years. You can rent for two years, list in spring/summer 2020, and then sell.
Because of DC laws I would be cautious about this approach.
by Iorek
Thu Feb 15, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Sell - DC Version
Replies: 15
Views: 1317

Re: Rent or Sell - DC Version

We faced a similar decision and decided to sell which for us was probably a financial loser but still the right decision. The questions I'd ask are whether you have considered all the issues related to being a landlord. This is a very good thread, ICYMI https://www.bogleheads.org/forum/viewtopic.php...
by Iorek
Sun Feb 11, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Which 529 to use: Nevada, Utah, or Michigan?
Replies: 5
Views: 762

Re: Which 529 to use: Nevada, Utah, or Michigan?

I use Utah because of the ability to design your own target date allocation and the low fees (I don't think their fees are higher than NV, & might be lower). I started with them before DFA became available and consider that a bonus.
by Iorek
Sat Feb 03, 2018 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Opening an LLC for investing: tax advantages?
Replies: 12
Views: 1727

Re: Opening an LLC for investing: tax advantages?

I would at least wait and see what rules come out about this-- without straying into forbidden areas I think it is accurate to say that this possibility was on the minds of Congress and Treasury and they discussed various ways of addressing it(but I admit I can't say I know how it came out in the en...