Search found 1220 matches

by TIAX
Fri Jun 14, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Side hustle: car rentals via turo
Replies: 16
Views: 1775

Re: Side hustle: car rentals via turo

Aside from the issues of wrecking the car, I’d be very concerned about getting sued for negligent entrustment. I’d be interested to see if Turo’s insurance policy includes negligent entrustment as a covered item. One of the elements of negligent entrustment is "that the owner knew or should have kn...
by TIAX
Fri Jun 14, 2019 6:27 pm
Forum: Personal Investments
Topic: A 401k only partially vested
Replies: 10
Views: 1032

Re: A 401k only partially vested

You may want to read the Plan Document/SPD because there may be circumstances (such as company closing) where you may become vested. And no, it's not difficult. If you rollover the 401(k), the company simply won't rollover the unvested shares.
by TIAX
Wed Apr 17, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 8014

Re: I’m a Loser Stuck in a Dead End Job

I’m 30, net worth is about $150-160k (mostly cash, as my 401k at my job is not even 3% of my net worth *laughs*). Why are you not contributing more to your 401(k)? You have plenty of cash so you can max contributions to your 401(k) for several years while depleting your cash reserves if necessary (...
by TIAX
Tue Mar 26, 2019 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Error Re: Excess 401k Deferral
Replies: 40
Views: 2227

Re: TurboTax Error Re: Excess 401k Deferral

One bump ... hoping for a helping hand. Have you checked with HR if they will be issuing a new W-2. The update W-2 should show the lowered contribution and higher salary. That is the one TT can then work it. You can also try and go to https://groups.google.com/forum/#!forum/misc.taxes.moderated for...
by TIAX
Fri Mar 15, 2019 8:31 am
Forum: Personal Consumer Issues
Topic: Teen got into auto accident, fight ticket or pay fine?
Replies: 79
Views: 4304

Re: Teen got into auto accident, fight ticket or pay fine?

Hi So my teen got into an accident, it was his fault, his car is totalled but thankfully no one is injured. He got a moving violation which can be paid or we can fight it. Since it was his fault, I thought about paying the fine and moving ahead ..........expensive and tiring education for him and m...
by TIAX
Sun Mar 10, 2019 9:22 pm
Forum: Personal Investments
Topic: Received a bonus but cannot max out 401k — what to do?
Replies: 8
Views: 1288

Re: Received a bonus but cannot max out 401k — what to do?

I am changing jobs. My previous employee offered 401k while my new employer does not. I have around $6k in the 401k this year. I received a bonus. Besides an IRA or maybe an HSA, what could I do in lieu of not being able to max my 401k? This is one reason that you should try to max out your 401(k) ...
by TIAX
Sun Mar 10, 2019 6:59 pm
Forum: Personal Investments
Topic: Received a bonus but cannot max out 401k — what to do?
Replies: 8
Views: 1288

Re: Received a bonus but cannot max out 401k — what to do?

I am changing jobs. My previous employee offered 401k while my new employer does not. I have around $6k in the 401k this year. I received a bonus. Besides an IRA or maybe an HSA, what could I do in lieu of not being able to max my 401k? This is one reason that you should try to max out your 401(k) ...
by TIAX
Thu Mar 07, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Tax Write Off for Bad Investment
Replies: 4
Views: 615

Re: Tax Write Off for Bad Investment

You may want to figure out whether that interest rate violates your state's usury statute and if that affects the bad debt deduction.
by TIAX
Tue Feb 26, 2019 11:43 am
Forum: Personal Investments
Topic: Cash on Side Line, need help with clarity
Replies: 29
Views: 2099

Re: Cash on Side Line, need help with clarity

bigdave18629 wrote:
Tue Feb 26, 2019 11:09 am
Thank you, I will look into the backdoor ROTH but from what I remember, I was disqualified either due to income or a combination of income and having a 401k......could just be bad memory.
Definitely bad memory. Read the wiki article.
by TIAX
Fri Feb 01, 2019 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 9260

Re: Marriage "Benefits"

This marriage penalty calculator may be helpful.
by TIAX
Sat Jan 05, 2019 7:49 pm
Forum: Personal Investments
Topic: HY Muni fund in taxable?
Replies: 11
Views: 900

Re: HY Muni fund in taxable?

dratkinson wrote:
Sat Jan 05, 2019 6:27 pm
While the right hand giveth (muni tax benefit), the left hand taketh (AMT exposure).
Consider that the TCJA makes the AMT more favorable.
by TIAX
Sat Jan 05, 2019 11:03 am
Forum: Personal Investments
Topic: HY Muni fund in taxable?
Replies: 11
Views: 900

Re: HY Muni fund in taxable?

In theory, it's not a terrible idea, as long as it's not your core bond holding. (I don't subscribe to "take your risk on the equity side", rather I like to have a little more risk parity between my asset classes.) In practice though, the yield premium is quite unimpressive right now. Vanguard's HY...
by TIAX
Fri Jan 04, 2019 1:52 pm
Forum: Investing - Theory, News & General
Topic: Total International
Replies: 14
Views: 1758

Re: Total International

I understand the basics of TLH, was wondering more about the fund/people’s outlook in general regarding Int’l outlook Not panicking, I’ve been buying/lowering my cost basis over the last year - just doesn’t seem to be paying off at the moment haha (Is there an ideal fund to TLH into from Int’l shou...
by TIAX
Wed Jan 02, 2019 4:34 pm
Forum: Personal Investments
Topic: Vanguard Returns Extremely Disappointed
Replies: 44
Views: 5194

Re: Vanguard Returns Extremely Disappointed

OldSport wrote:
Wed Jan 02, 2019 4:23 pm
- Had actively managed Selected Value which underperformed its index terribly. I swtiched to mid cap index.
So you sell low and you wonder why you have mediocre returns? You can't change your AA every time a part of it isn't performing well.
by TIAX
Wed Jan 02, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Ticket for speeding
Replies: 66
Views: 5620

Re: Ticket for speeding

I'm pretty frugal, but I've never fought a ticket where I knew I was at fault. You can't preach personal responsibility then try to weasel out of paying a fine you deserve. I bet you wouldn't say that if something more serious was on the line and not a $200 ticket. Let's say you drive your car negl...
by TIAX
Wed Jan 02, 2019 12:11 pm
Forum: Personal Investments
Topic: $6000 ROTH IRA - Invest Now or wait?
Replies: 5
Views: 835

Re: $6000 ROTH IRA - Invest Now or wait?

If you wait and the market goes up, at what point would you invest?
by TIAX
Wed Jan 02, 2019 12:09 pm
Forum: Non-US Investing
Topic: Vanguard Funds - Trading fees
Replies: 6
Views: 423

Re: Vanguard Funds - Trading fees

Hi to you all. Where I live in Israel, I'm able, together with my employer, to deposit a maximum of 10% of my monthly salary in a tax-free fund. I'm currently buying VWRD (FTSE All-World UCITS ETF) only, which mirrors part of my personal portfolio. The problem is that I'm obliged to use a broker th...
by TIAX
Tue Jan 01, 2019 10:08 pm
Forum: Investing - Theory, News & General
Topic: Who has the highest allocation to international stocks?
Replies: 65
Views: 6347

Re: Who has the highest allocation to international stocks?

Until recently we were 60/40 US/Int for our stock portion, but decided to set our target as 55/45 to represent cap weight because we were so close anyways, so why not? Ideally we'll exchange for the convenience of 100% VTWSX if Vanguard makes admiral shares, but until then we'll shoot for world cap...
by TIAX
Tue Jan 01, 2019 6:29 pm
Forum: Investing - Theory, News & General
Topic: 2019 Hedge Fund Contest
Replies: 220
Views: 14794

Re: 2019 Hedge Fund Contest

Slightly Better Than Artemis Investment Management LLP

Long:
PKI

Short:
TSLA
by TIAX
Tue Jan 01, 2019 12:19 am
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: 8538

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

We are in the process of updating year-end retirement calculations. During this time, you will not be able to contribute to new or existing retirement accounts online, but you can perform any other functions on our site. Please return to our site at a later time to complete your transaction. We apo...
by TIAX
Mon Dec 31, 2018 6:06 pm
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 70
Views: 9725

Re: Tax Reform - Revised Kiddie Tax

Thanks David! Is there a wash sale if you sell in a child's UTMA (realizing a loss) and buy the same fund in a parent's account within 30 days?
by TIAX
Mon Dec 31, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEAD CONTEST LEADERS
Replies: 15
Views: 1851

Re: 2018 BOGLEHEAD CONTEST LEADERS

tadamsmar wrote:
Mon Dec 31, 2018 3:24 pm
Chuckh and TIAX are trading the lead
The HFTs may have manipulated the market today. Please let me know if there's an appeal.
by TIAX
Sat Dec 29, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 302
Views: 41016

Re: TurboTax Prices

From another perspective, there is no expectation of privacy in the workplace. To make a long story short, all information on your work computer belongs to your employer - including your tax return files. Additionally, there may be disciplinary action for excessive personal use (as they define it, ...
by TIAX
Sat Dec 29, 2018 9:20 pm
Forum: Personal Investments
Topic: muni bonds
Replies: 31
Views: 3693

Re: muni bonds

hudson: I know I can open a Vanguard account, but I recently consolidated almost everything into Fidelity and prefer to have all my accounts in one place. I took a cue from your posts and have been doing some additional research into national funds and have identified some good ones. None with an E...
by TIAX
Sat Dec 29, 2018 8:55 pm
Forum: Investing - Theory, News & General
Topic: Algos/HFT and the media hurt the retail investor ?
Replies: 78
Views: 2365

Re: Algos/HFT and the media hurt the retail investor ?

I'm not going to dispute my limited understanding of market structures. I would only say that I suspect the vast majority of retirement investors are more like me than many of the "old hands" here. The choices seem to be: 1. Invest for the long-term, be content to check AA once a year and don't que...
by TIAX
Sat Dec 29, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: Algos/HFT and the media hurt the retail investor ?
Replies: 78
Views: 2365

Re: Algos/HFT and the media hurt the retail investor ?

Indianrock wrote:
Sat Dec 29, 2018 4:52 pm
We're getting off topic now. I believe in reasonable regulation of business and vote accordingly -- that's as far as I'm taking that concept.
Right, it's completely "reasonable" to undo decades of innovations in finance.
by TIAX
Sat Dec 29, 2018 5:14 pm
Forum: Investing - Theory, News & General
Topic: Algos/HFT and the media hurt the retail investor ?
Replies: 78
Views: 2365

Re: Algos/HFT and the media hurt the retail investor ?

I'm curious if big organization like Vanguard exercise any influence to level the playing field and get the exchanges operating to the advantage of regular long-term ( retirement ) investors? It's true that you can minimize the influence of algorithmic/high-frequency trading etc by staying in reaso...
by TIAX
Sat Dec 29, 2018 4:32 pm
Forum: Investing - Theory, News & General
Topic: Algos/HFT and the media hurt the retail investor ?
Replies: 78
Views: 2365

Re: Algos/HFT and the media hurt the retail investor ?

I'm curious if big organization like Vanguard exercise any influence to level the playing field and get the exchanges operating to the advantage of regular long-term ( retirement ) investors? It's true that you can minimize the influence of algorithmic/high-frequency trading etc by staying in reaso...
by TIAX
Sat Dec 29, 2018 11:45 am
Forum: Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 7701

Re: Vanguard personal advisor service (PAS) for high net worth?

WillRetire wrote:
Sat Dec 29, 2018 11:15 am
2) Conversation was friendly but rambling. He kept referring to "the process". My impression: He is very green and is trusted to do nothing but plug numbers into a back-end proprietary tool.
Why use an adviser when you're clearly more knowledgeable than he is?
by TIAX
Sat Dec 29, 2018 11:15 am
Forum: Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 7701

Re: Vanguard personal advisor service (PAS) for high net worth?

We used their service and left over an issue that was important to us (specific identification of mutual funds in our account since PAS was only using average cost). Without using specific ID, I don't know how they can do effective or any tax loss harvesting (unless the entire position is underwate...
by TIAX
Sat Dec 29, 2018 12:29 am
Forum: Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 7701

Re: Vanguard personal advisor service (PAS) for high net worth?

We used their service and left over an issue that was important to us (specific identification of mutual funds in our account since PAS was only using average cost). Without using specific ID, I don't know how they can do effective or any tax loss harvesting (unless the entire position is underwate...
by TIAX
Fri Dec 28, 2018 11:43 pm
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 70
Views: 9725

Re: Tax Reform - Revised Kiddie Tax

If there is an unrealized loss in a child's UTMA account, is there a reason to TLH (assuming no gains in child's account for now and you hope to gift shares and tax gain harvest in future years)? Only if the unrealized loss won't offset other untaxed income. If the child has $1000 in dividends or s...
by TIAX
Fri Dec 28, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEAD CONTEST LEADERS
Replies: 15
Views: 1851

Re: 2018 BOGLEHEAD CONTEST LEADERS

I'm #4 and predicting I'll win. Good luck!
by TIAX
Fri Dec 28, 2018 7:06 pm
Forum: Investing - Theory, News & General
Topic: Tax Reform - Revised Kiddie Tax
Replies: 70
Views: 9725

Re: Tax Reform - Revised Kiddie Tax

If there is an unrealized loss in a child's UTMA account, is there a reason to TLH (assuming no gains in child's account for now and you hope to gift shares and tax gain harvest in future years)?
by TIAX
Fri Dec 28, 2018 5:36 pm
Forum: Forum Issues and Administration
Topic: SITE OFFLINE (Dec 28) Friday, 2:00 PM Eastern (19:00 UTC) - software upgrade
Replies: 31
Views: 2308

Re: SITE OFFLINE (Dec 28) Friday, 2:00 PM Eastern (19:00 UTC) - software upgrade

I just spoke with mingstar (site owner), who was on this right away. The server is fine. There was a problem getting to the server. Technically, the DNS lookup was failing out on the internet somewhere. It was working for some, but not others. It's outside anything we can do. We're still on for a 2...
by TIAX
Fri Dec 28, 2018 3:24 pm
Forum: Forum Issues and Administration
Topic: SITE OFFLINE (Dec 28) Friday, 2:00 PM Eastern (19:00 UTC) - software upgrade
Replies: 31
Views: 2308

Re: SITE OFFLINE (Dec 28) Friday, 2:00 PM Eastern (19:00 UTC) - software upgrade

I just spoke with mingstar (site owner), who was on this right away. The server is fine. There was a problem getting to the server. Technically, the DNS lookup was failing out on the internet somewhere. It was working for some, but not others. It's outside anything we can do. We're still on for a 2...
by TIAX
Fri Dec 28, 2018 1:08 am
Forum: Personal Investments
Topic: Vanguard personal advisor service (PAS) for high net worth?
Replies: 70
Views: 7701

Re: Vanguard personal advisor service (PAS) for high net worth?

I had a phone meet and great with one of their young financial advisors. I have a couple concerns: He seemed to be inclined to have a strictly Vanguard mutual funds and ETF's approach rather than individual stocks and bonds. You want advice from a mutual fund company on what individual stocks to bu...
by TIAX
Thu Dec 27, 2018 10:17 pm
Forum: Personal Investments
Topic: muni bonds
Replies: 31
Views: 3693

Re: muni bonds

However, what are your thoughts on buying a basket of individual high grade AL muni bonds, assuming I want to buy about 100k worth? This seems to be the best of both worlds. It minimizes transaction costs, plus I avoid state and federal tax. Fidelity charges $1 per bond. Assuming a portfolio of all...
by TIAX
Thu Dec 27, 2018 12:36 am
Forum: Personal Investments
Topic: muni bonds
Replies: 31
Views: 3693

Re: muni bonds

I'm as confused as the OP with the muni market. I'm looking to invest in an individual state muni fund with an expense ratio of .8. Is that too high? I plan on holding for 4-7 years.Unfortunately my state doesn't have a lot of muni funds and that is the one that is best and has the lowest ER. The o...
by TIAX
Wed Dec 26, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 302
Views: 41016

Re: TurboTax Prices

Also, happen to know if either of these handle form 1116 correctly. I remember in the past it didn't seem to do it correctly or the questions it asked to fill in form 1116 were much more confusing than the form itself. (I just work in usa and own some foreign index funds - nothing fancy). It handle...
by TIAX
Tue Dec 25, 2018 12:53 pm
Forum: Personal Investments
Topic: Vanguard California Muni Bond safety in downturns?
Replies: 19
Views: 1707

Re: Vanguard California Muni Bond safety in downturns?

What's the difference in taxable-equivalent yield between the CA muni fund and the national intermediate fund? I would guess it's less than .1 and would use the national fund. Tax equivalent yield varies under market conditions. If OP is in the California 9.3% marginal tax rate or higher, and plans...
by TIAX
Tue Dec 25, 2018 12:38 pm
Forum: Personal Investments
Topic: Vanguard California Muni Bond safety in downturns?
Replies: 19
Views: 1707

Re: Vanguard California Muni Bond safety in downturns?

What's the difference in taxable-equivalent yield between the CA muni fund and the national intermediate fund? I would guess it's less than .1 and would use the national fund.
by TIAX
Tue Dec 25, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 255
Views: 24097

Re: Whose buying today? where's all the "dry powder" folks at? :)

I just did....will hit at market close. Money won't be needed for 20+ years, so, why not. Any insight or tips? Do many try to 'wait' for bottom? or buy on the way back up? (whenever that may be) Not market timing, just buying on sale. :moneybag My dry powder is remaining dry. No plans to sell stock...
by TIAX
Mon Dec 24, 2018 10:46 pm
Forum: Personal Investments
Topic: muni bonds
Replies: 31
Views: 3693

Re: muni bonds

a LLC wants to buy muni bonds to generate tax free money with extra cash sitting at a brokerage house. The money is in some short term T-bills now, but it was decided that it would be less complicated among the LLC members to go with muni's than pay the fed tax in each members returns. The guy at t...
by TIAX
Mon Dec 24, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Sold a rental property for an "ordinary loss of $70,719" in 2018 - how will this affect taxes?
Replies: 23
Views: 2129

Re: Sold a rental property for an "ordinary loss of $70,719" in 2018 - how will this affect taxes?

I sold a rental property in 2018 for an ordinary loss of $70,719 . I'm trying to figure out how this loss will be applied to my 2018 taxes. Will 100% of the $70,719 be deducted from my 2018 total income or is there a limit similar to the $3000 max for realized losses in a Vanguard taxable account? ...
by TIAX
Sun Dec 23, 2018 10:20 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 170371

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

https://farm2.staticflickr.com/1852/29562781417_6390f05cd0_c.jpg . . . 2. I'm feeling comfortable holding 3 years spending in Cash to be used for spending during down markets. The longest bear market was 2.8 years. And what is the cost of keeping 3 years of cash (as opposed to having it in the mark...
by TIAX
Thu Dec 20, 2018 5:17 pm
Forum: Investing - Theory, News & General
Topic: Artemis Attack on the Bogleheads
Replies: 80
Views: 9541

Re: Artemis Attack on the Bogleheads

Rick Ferri wrote:
Wed Dec 19, 2018 5:32 pm
He exaggerates and overgeneralizes everything, and sounds like he is whining about why hedge fund managers like himself are underperforming:
Rick, perhaps you should invite him to a debate on your podcast?
by TIAX
Thu Dec 20, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Artemis Attack on the Bogleheads
Replies: 80
Views: 9541

Re: Artemis Attack on the Bogleheads

kolea wrote:
Wed Dec 19, 2018 11:56 pm
I just say, "to each his own". I have friends who are stock-pickers, market timers, 100/0 dividend-income adherents, and I don't try to argue with any of them. They are happy and I am happy being passive. There are many roads to Rome. All is good.
Except they won't get to Rome.
by TIAX
Wed Dec 19, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10455

Re: I feel cheated, saved too much in 401K vs cash.

Sure, I guess something like that could be true. But, if I took that 70% of what I currently have in my 401K, paid cash for real estate, I would still be getting 6-7.5% return on 100% of the original money, year after year, nearly guaranteed, with a cash surplus after buying the homes. First, you c...