Search found 904 matches

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: 45
Views: 2900

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: 937

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: 467

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: 353

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: 1525

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: 2705

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: 2705

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: 2644

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: 1822

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: 3691

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: 2412

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: 2516

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: 866

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: 1257

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: 1257

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: 1257

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: 639

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: 1581

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...
by Iorek
Tue Jan 30, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 2412

Re: Tax help - DAF contribution

As far as TurboTax, I've noticed that it (along with other tax software) will occasionally ask for information that is not actually needed. They generally show it on a worksheet somewhere but not always. I find it helpful to look at the forms it is producing and see how/if it is used on anything go...
by Iorek
Mon Jan 29, 2018 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - DAF contribution
Replies: 31
Views: 2412

Re: Tax help - DAF contribution

This is not tax advice, but IIRC you only need the basis if you owned the shares for less than a year. That said, I would just call VG again and ask.
by Iorek
Mon Jan 29, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: The Value of Your FERS Annuity and Your TSP Investment Strategy
Replies: 14
Views: 1414

Re: The Value of Your FERS Annuity and Your TSP Investment Strategy

The TSP's target date funds realize their terminal allocation of 20/80 at the target date, which is much more conservative than even Vanguard's terminal allocation of 30/70, which isn't realized until 7 years after the target date. I've wondered if L funds get so conservative near the target date b...
by Iorek
Mon Jan 29, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: The Value of Your FERS Annuity and Your TSP Investment Strategy
Replies: 14
Views: 1414

Re: The Value of Your FERS Annuity and Your TSP Investment Strategy

I think for feds the TSP annuity offers a better approach for converting between lump sum and annual income. I also think he fails to discuss entirely whether feds need to take additional risk by investing heavily in equities. If (!) you can meet your basic needs from your annuity plus social securi...
by Iorek
Sat Jan 27, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Socially responsible bonds
Replies: 15
Views: 1181

Re: Socially responsible bonds

I think someone should be able to get advice about how to engage in socially responsible investing without the thread being taken over with 95% responses on why SRI is a bad idea. I don't jump into threads about how to slice and dice portfolios and say three fund is better (and I certainly wouldn't ...
by Iorek
Mon Jan 22, 2018 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Real Estate in Montgomery County MD
Replies: 6
Views: 623

Re: Help with Real Estate in Montgomery County MD

I would agree with getting a realtor. I'd caution even against letting the neighbor match the bid of other people-- if they want it they should have the highest offer.
by Iorek
Sat Jan 20, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 79
Views: 5794

Re: Discussing a 529 with your kids

My kid is only at the start of high school but knows he has a college fund-- we started it pretty much from birth and have discussed it as an example of long term saving we are doing. I think he knows the fund is enough for state school but may or may not be enough for private, but even if it's not ...
by Iorek
Wed Jan 17, 2018 9:42 pm
Forum: Personal Consumer Issues
Topic: Car Scratch Removal
Replies: 13
Views: 1244

Re: Car Scratch Removal

I think Langka makes a pretty good scratch removal kit (and they'll sell you touch up paint too).
by Iorek
Sat Jan 06, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take this promotion?
Replies: 26
Views: 2251

Re: Should I take this promotion?

I don't want to minimize the difference between doing "substantive" work and being a manager-- some people are much happier doing one than the other and if you know you never want to manage and this job would be primarily management you shouldn't go for it just because you think you "should". On the...
by Iorek
Sat Jan 06, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Backdoor Roth: How Long To Wait For Conversion?
Replies: 58
Views: 15807

Re: Backdoor Roth: How Long To Wait For Conversion?

Since I contributed "only" $5500 to the Traditional IRA prior to conversion I'm technically still not going over the contribution limit, correct? Correct. I'm assuming the IRS rounds to the nearest dollar based on what I've seen on the tax prep software I've used in the past, so $0.14 shouldn't mak...
by Iorek
Tue Jan 02, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Wills and Trusts...
Replies: 3
Views: 596

Re: Wills and Trusts...

Get a copy of Willmaker plus (book and software) and write yourself a will.
by Iorek
Mon Jan 01, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Your travel tips for Vienna and Budapest?
Replies: 23
Views: 1426

Re: Your travel tips for Vienna and Budapest?

We liked the tour of Parliament in Budapest but it took some effort/planning (ISTR you had to wait in line in the morning to get English language tour tickets, and then come back later in the afternoon).
by Iorek
Sun Dec 31, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Making Roth Conversion Today - how will it be treated?
Replies: 30
Views: 1777

Re: Making Roth Conversion Today - how will it be treated?

It is always an option not to try and exploit every dollar of advantage. You are certainly entitled to try and convert the last dollar of the 0% bracket while holding on to your Obamacare subsidies, but complaining that the fund companies don't make it easier for you to do it seems a bit much IMO.
by Iorek
Fri Dec 29, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: How many years of deductions for a new DAF?
Replies: 17
Views: 1255

Re: How many years of deductions for a new DAF?

Their website still indicates you can contribute Vanguard securities thru Vanguard.com (or a mailed check) until Dec 31
by Iorek
Fri Dec 29, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1251

Re: Donating shares from Vanguard

OP may still have time to open a donor advised fund with VG shares, but I think that has a $25k minimum (although once you open the account you wouldn't have to contribute the entire $25k in a single year or to a single organization). This is why many people, including me, opt to open a Fidelity DA...
by Iorek
Fri Dec 29, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 3420

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

And at POF and gasdoc, yes it is too late to start the DAFs, at least w/ appreciated holdings. When I browsed the FAQ section of the Vanguard Charitable website, it had a list of cut-off dates, and I think it was 12/21 to start it w/ a transfer of holdings. This was the same for Fidelity's DAF. But...
by Iorek
Fri Dec 29, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Donating shares from Vanguard
Replies: 17
Views: 1251

Re: Donating shares from Vanguard

OP may still have time to open a donor advised fund with VG shares, but I think that has a $25k minimum (although once you open the account you wouldn't have to contribute the entire $25k in a single year or to a single organization).
by Iorek
Fri Dec 29, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 3420

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

I also appreciate the WCF-POF discussion. I think under the circumstances of itemized deductions going away on Monday a DAF is a no brainer for us, but I guess a question for the future is whether we will work consciously to spend it down quickly or not.
by Iorek
Fri Dec 29, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: How many years of deductions for a new DAF?
Replies: 17
Views: 1255

Re: Howq many years of deductions for a new DAF?

We will be doing an amount is probably about 7-10 years of past giving, but I have nothing to back that up as the right amount-- just seems like enough that I won't regret adding more or less (plus it happens to be what we have at Schwab, and those are securities I bought long ago and would be just ...
by Iorek
Thu Dec 28, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 3420

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

Adding a bit more info on Schwab-- it seems comparable to Fidelity ($100 minimum admin fee, $5k minimum contribution to open, a few low cost investment options, a $50 minimum grant, and no explicit account balance minimum).
by Iorek
Thu Dec 28, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 3420

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

Does anyone know the fine print/timing of Schwab's DAF?

Our last managed fund shares are there, but I haven't wanted to sell them because of cap gains, so this might be a good solution to that "problem."
by Iorek
Sat Dec 09, 2017 11:16 am
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 101
Views: 7962

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: 14
Views: 2784

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: 2026

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: 388

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: 2295

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: 6296

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: 1348

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: 2115

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: 9480

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: 2310

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...