Search found 330 matches

by jmndu99
Mon Jan 15, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (December 2017)
Replies: 12
Views: 1139

Re: madsinger monthly report (December 2017)

A word about "Hot Hands". Last year, I sorted the Vanguard "investor class" funds for returns, and the highest returning fund for 2016 was the Small Value Index fund. That is the fund I chose for HH 2017. I had been informed by a couple of people privately, that the fund from the newsletter was a d...
by jmndu99
Mon Jan 15, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (December 2017)
Replies: 12
Views: 1139

Re: madsinger monthly report (December 2017)

Thanks again Brad. Your contribution every month is quite helpful

J
by jmndu99
Wed Jan 03, 2018 7:21 pm
Forum: Investing - Theory, News & General
Topic: Why the Roth IRA Bias?
Replies: 133
Views: 28871

Re: Why the Roth IRA Bias?

gouveneur and Longdog,

Thank you for the replies. Yes, I was in a low marginal tax bracket preferring ROTH. Now my marginal tax bracket is lowered and will still prefer ROTH.

The above preference is the reason for my ROTH bias, relating to the OP question.

J
by jmndu99
Wed Jan 03, 2018 7:11 pm
Forum: Investing - Theory, News & General
Topic: Americans spend $1 billion annually in unnecessary state tax
Replies: 147
Views: 21473

Re: Americans spend $1 billion annually in unnecessary state tax

Bob's not my name, I have looked and the law is the same today as it was in 2005.

Long before you began this post in 2010

J.
by jmndu99
Wed Jan 03, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Americans spend $1 billion annually in unnecessary state tax
Replies: 147
Views: 21473

Re: Americans spend $1 billion annually in unnecessary state tax

Thank you Bob's not my name for starting this. Everyone else, thank you for your contributions. I live in Illinois which is one of the state's where this will work. I found this after a thread had been started. All, I was wondering if someone in my state has successfully done this and wouldn't mind ...
by jmndu99
Wed Jan 03, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid state income tax on Roth IRA contribution?
Replies: 16
Views: 1690

Re: Avoid state income tax on Roth IRA contribution?

Duckie, thank you for the link. Not sure it applies to me. This will not be a non deductible contribution for my situation. The idea comes from these links. https://www.bogleheads.org/forum/viewtopic.php?t=136776 https://thefinancebuff.com/deduct-and-convert-save-hundreds-in-state-income-tax-on-roth...
by jmndu99
Tue Jan 02, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: Why the Roth IRA Bias?
Replies: 133
Views: 28871

Re: Why the Roth IRA Bias?

Bringing up older thread that I came to from
thefinancebuff.com

Fast forward to 2018 and tax rates are lowered.


Mine lowered 3%. Should I still favor ROTH IRA & Roth 401 (k)?

Remember this new law expires in 2025

Thanks J
by jmndu99
Tue Jan 02, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid state income tax on Roth IRA contribution?
Replies: 16
Views: 1690

Re: Avoid state income tax on Roth IRA contribution?

I'm interested in this thread. I'm in Illinois too. I'm also in accumulation phase. My situation is married filing jointly so in the 15% marginal tax bracket. I pay same state tax percent as OP. by no means do I desire to hi jack this thread, more to ask questions for clarity. Here is my understand...
by jmndu99
Tue Jan 02, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid state income tax on Roth IRA contribution?
Replies: 16
Views: 1690

Re: Avoid state income tax on Roth IRA contribution?

I'm interested in this thread. I'm in Illinois too. I'm also in accumulation phase. My situation is married filing jointly so in the 15% marginal tax bracket. I pay same state tax percent as OP. by no means do I desire to hi jack this thread, more to ask questions for clarity. Here is my understand...
by jmndu99
Mon Jan 01, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Avoid state income tax on Roth IRA contribution?
Replies: 16
Views: 1690

Re: Avoid state income tax on Roth IRA contribution?

I'm interested in this thread. I'm in Illinois too. I'm also in accumulation phase. My situation is married filing jointly so in the 15% marginal tax bracket. I pay same state tax percent as OP. by no means do I desire to hi jack this thread, more to ask questions for clarity. Here is my understandi...
by jmndu99
Fri Nov 10, 2017 9:14 pm
Forum: Investing - Theory, News & General
Topic: The Next Bear Market, Ben Carlson
Replies: 13
Views: 2226

Re: The Next Bear Market, Ben Carlson

Excellent article. So important to do the severe extended bear market mind experiment in one’s head before experiencing it, unprepared, for real. Rick Ferri wrote an article where he described walking clients through a potential 1971-1972 bear market scenario. Best to do that experiment now, when p...
by jmndu99
Mon Nov 06, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Heavy duty cordless drill/hammerdrill recommendation
Replies: 42
Views: 3375

Re: Heavy duty cordless drill/hammerdrill recommendation

Luke Duke wrote:
Mon Nov 06, 2017 9:23 am
jmndu99 wrote:
Mon Jan 16, 2017 8:33 pm
I use it to drill pilot holes and drive in 1/2" x 2 - 3" lag bolts.
You should try using an impact driver to drive lag bolts.

My current Dewalt has a setting for impact driving which I have found helpful.

Thank you
by jmndu99
Sun Nov 05, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: Heavy duty cordless drill/hammerdrill recommendation
Replies: 42
Views: 3375

Re: Heavy duty cordless drill/hammerdrill recommendation

Thank you to all who have replied. I have hung on to my current drill.

I found bits for masonry that work well for my use.

James
by jmndu99
Sun Nov 05, 2017 2:36 pm
Forum: Investing - Theory, News & General
Topic: Investment Books & Your Library
Replies: 36
Views: 2820

Re: Investment Books & Your Library

I haven't bought a book in an extremely long time since I have public libraries.

So, thank you to all who have donated your books. You all have certainly assisted me in my travel to "The Land With No Alarm Clocks"

James
by jmndu99
Thu Nov 02, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: Robert Prechter, Elliott Wave theorist, Fox Business today
Replies: 24
Views: 2009

Re: Robert Prechter, Elliott Wave theorist, Fox Business today

Great as I'm in the accumulation phase and need to buy at firesale prices.
by jmndu99
Sun Oct 29, 2017 8:32 pm
Forum: Investing - Theory, News & General
Topic: Emotional impact of spending down assets?
Replies: 100
Views: 10711

Re: Emotional impact of spending down assets?

I'm still in the accumulation stage but this had peaked an interest in me. Thank you OP for posting this. Here is a paper by Metlife www.metlife.com/paycheckstudy. That shows respondents who took lump sum payouts of their defined contribution plans spent all the money in line 5.5 years, due to the "...
by jmndu99
Sun Oct 29, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?
Replies: 24
Views: 3243

Re: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?

Per TropikThunder's post above, this stands out most.: "For SPTM, turnover is slightly lower at 3%, which also intuitively makes sense since the Russell 3000 only readjusts once a year (absent mergers and acquisitions). This may or may not change once SPTM transitions to the new proprietary SSgA Tot...
by jmndu99
Sat Oct 28, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?
Replies: 24
Views: 3243

Re: 3-fund of SPDRs is better than of Vanguard ETF (lower ER)?

What/if any are the differences in turnover rates between the Vanguard and State Street etf's you are comparing?

Turnover is a cost too and needs to be looked at.

Please let us know
by jmndu99
Wed Oct 25, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Critical Mass
Replies: 13
Views: 2397

Re: Financial Critical Mass

I still listen to Bob. I'm driving to the "Land Of Critical Mass".

He also calls it "The land with no alarm clocks"
by jmndu99
Mon Oct 16, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Joined the 1 comma club today!!!
Replies: 18
Views: 3692

Re: Joined the 1 comma club today!!!

Congrats here's to the next million

James
by jmndu99
Sun Oct 15, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: LTI seeking assessment
Replies: 4
Views: 330

Re: LTI seeking assessment

Welcome,

Does her 401 (k) have the option of a brokerage window?
If so, this may give her better (lower er) funds.

James
by jmndu99
Sun Oct 08, 2017 6:34 pm
Forum: Investing - Theory, News & General
Topic: Headlines du Jour [Financial news]
Replies: 4
Views: 747

Re: Headlines de Jour

Just great. Thank you for posting this
by jmndu99
Sun Oct 08, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 5669

Re: Is there boglehead consensus on buying a car?

My thought is this. Buy used and let someone else buy the depreciation Yeah I was thinking of the car as a work expense--because that's the only reason I'm buying it--so I was crushed to learn that there is no depreciation available for normal commuting. Just a giant hole to pour money into, post-t...
by jmndu99
Sun Oct 08, 2017 4:46 pm
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 5669

Re: Is there boglehead consensus on buying a car?

My thought is this. Buy used and let someone else buy the depreciation
by jmndu99
Thu Oct 05, 2017 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11946

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations Op

Thank you for sharing with us fellow Bogle heads. The Mrs and I are also "lunchbox" (love that BTW).

Your story is inspiring.

James
by jmndu99
Wed Oct 04, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: another 2 comma club member
Replies: 48
Views: 4601

Re: another 2 comma club member

Congrats OP.

Best wishes,
James
by jmndu99
Wed Oct 04, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (September 2017)
Replies: 5
Views: 1067

Re: madsinger monthly report (September 2017)

Once again, thank you Brad.

James
by jmndu99
Sun Sep 03, 2017 5:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: Stan died [Long time forum lurker]
Replies: 38
Views: 6794

Re: Stan died [Long time forum lurker]

+1 hardly ever posters. I'm in that club. Mostly thanking others who post. I read posts hete almost everyday.


Thank you Timmy for sharing. Rest in peace Stan.

Funny! I'm listening to Bob Brinker now

J
by jmndu99
Thu Aug 10, 2017 9:12 pm
Forum: Investing - Theory, News & General
Topic: madsinger monthly report (July 2017)
Replies: 6
Views: 1209

Re: madsinger monthly report (July 2017)

Thanks so much Brad
by jmndu99
Wed Jul 12, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: APR on Mortgage from 3.55% to 3.48% Good Deal?
Replies: 6
Views: 532

Re: APR on Mortgage from 3.55% to 3.48% Good Deal?

Hi jadedfalcons,

I have not inquired about fees yet. My interest rate will stay the same, its the APR that is different.
by jmndu99
Wed Jul 12, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: APR on Mortgage from 3.55% to 3.48% Good Deal?
Replies: 6
Views: 532

Re: APR on Mortgage from 3.55% to 3.48% Good Deal?

Thank you welderwannabe for giving me something to consider
by jmndu99
Wed Jul 12, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: APR on Mortgage from 3.55% to 3.48% Good Deal?
Replies: 6
Views: 532

APR on Mortgage from 3.55% to 3.48% Good Deal?

Good Evening Fellow Bogleheads, I have a mortgage with a good interest rate. I am a veteran and have a veterans loan. I have been receiving offers from other mortgage companies and the latest perked my interest. This is called an interest rate reduction loan. My interest rate is the same as this let...
by jmndu99
Sun Jun 18, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 78
Views: 6898

Re: Best Financial Advice from Dad (in honor of father's day)

My father was not good with money and showed (advised) me to spend it all as soon as payday came around.

I, at an older age, started doing the exact opposite of what dear ol' dad did.

Thanks Dad for slowing (advising) me what NOT to do with my money
by jmndu99
Sun May 28, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 18856

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

Hello thank you for this link. I do not understand most of the mechanics of the math.

I do listen to a radio program where the "guy" also stresses to not pay off the mortgage.
by jmndu99
Thu May 18, 2017 8:41 pm
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 9285

Re: Milestone and not peeking. . .

stem.....,

I do not know you, although I have read your contributions to other posts.

I am not where you are yet, nor am I one of the "younger" folks. I am one who got started later.

Congratulations fellow bogelhead
by jmndu99
Sun Apr 16, 2017 7:18 pm
Forum: Investing - Theory, News & General
Topic: Ben Carlson Drawdown Chart
Replies: 18
Views: 4576

Re: Ben Carlson Drawdown Chart

Thank you so much. More reinforcement of "Time In the Market" vs. "Market Timing"

J
by jmndu99
Tue Apr 04, 2017 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluating a margin investment
Replies: 14
Views: 1077

Re: Evaluating a margin investment

For a newbie, I recommend you just go to your bank, withdraw a few thousand in cash and toss it into a bonfire. Faster and less angst. I always like one good laugh out loud every day, especially if it is truthful. Thanks David Jay. +1. When I read David Jay's comment, I laughed too. Read the thread...
by jmndu99
Tue Apr 04, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: How to remove DELINQUENCY from credit report?
Replies: 27
Views: 2585

Re: How to remove DELINQUENCY from credit report?

OP, look at this as the price of education. The credit reporting agencies and loan departments do not care that you are such a great friend to have signed a loan to your friend.
by jmndu99
Tue Apr 04, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Remembering the Crash of 1987
Replies: 66
Views: 7511

Re: Remembering the Crash of 1987

Thank you OP,

This thread and all replies are probably the biggest " reason that I love this website.

You, who remember this experience are sharing your personal perspectives and educating the rest of us.

I thank all who have shared.

J
by jmndu99
Tue Mar 14, 2017 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Retired - Portfolio Advice, Please!
Replies: 10
Views: 1689

Re: Recently Retired - Portfolio Advice, Please!

Hello SoDakjeff,

I'm not an expert, however, the wife is still working. She still can contribute to your and her Roths.

Is it possible to get on her health insurance plan?
by jmndu99
Tue Mar 14, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: $44,000 for 1st Time Investor
Replies: 30
Views: 4752

Re: $44,000 for 1st Time Investor

I'm confused about maxing out the 401K. So, that $18,000 has to be automatically deducted from my paycheck over the course of a year? Or, since I have that money in the bank, can I just add it all at once? I got confused after speaking to a TIAA representative who said that if I add any amount that...
by jmndu99
Mon Mar 13, 2017 8:57 pm
Forum: Investing - Help with Personal Investments
Topic: y 401k plan was completely overhauled - and I don't like it
Replies: 18
Views: 2241

Re: y 401k plan was completely overhauled - and I don't like it

Hello OP, I am sorry I'm not much help to your situation, and cannot answer your questions. However, I do have a question. If Vanguard is the Admin of the Plan, is there a feature in your plan named brokerage window? If so, could you still contribute to the Plan, directing contributions to the broke...
by jmndu99
Sat Mar 04, 2017 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Calculating IRA Withdrawal Penalty
Replies: 12
Views: 980

Re: Calculating IRA Withdrawal Penalty

OP, did this family member come to you for assistance with this debt dilemma?
by jmndu99
Fri Feb 24, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Just beginning: $40k to open taxable and IRA accounts
Replies: 21
Views: 1908

Re: Just beginning: $40k to open taxable and IRA accounts

Hello, I by no means claim that I know much about backdoor roths.

Wait for experts on backdoor roths.

My question is this:

1. OP contribute to the Roth up to max
2. Then Couldn't OP contribute to non deductible IRA with the rest of the money, then backdoor Roth it?
by jmndu99
Sun Feb 12, 2017 9:55 pm
Forum: Personal Consumer Issues
Topic: PC power-up failure
Replies: 38
Views: 2921

Re: PC power-up failure

One question not asked is, how old is this power supply? I recently had a 10 year old power supply give up the ghost.

Replacing it gave me incentive to purchase new/more powerful mobo, cpu and memory to replace same components that were also 10 years old.

Best wishes
by jmndu99
Wed Feb 08, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Two-Fund Portfolio Role Call
Replies: 59
Views: 7949

Re: Two-Fund Portfolio Role Call

Jiu Jitsu Fighter wrote:VSIAX Small-Cap Value
VFSVX Small/Mid-Cap ex-US

Nice. Fortitude required.
by jmndu99
Wed Feb 08, 2017 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall, but need to withdraw
Replies: 9
Views: 1262

Re: Windfall, but need to withdraw

+1 to i <3Investing

It looks like this; of $500,000.00. You need $228,000.00 for Mrs. to stay home.

That is your "safe" money.
The difference (still a sizeable amount) is either dca or lump sum into the market per your allocation.

Best wishes
J