Search found 1250 matches

by TIAX
Sat Oct 05, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Side income ideas for a non-lawyer JD holder?
Replies: 30
Views: 1929

Re: Side income ideas for a non-lawyer JD holder?

I malpractice insurance fairly affordable? Also, what kind of arrangements do you make for an office if/when you meet clients? Hope you don't mind the questions! You should be able to get $1M of malpractice insurance for $3k per year or so. Talk to some solos in the area for insurer recommendations...
by TIAX
Fri Oct 04, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 9262

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

On another note, frankly, as a passive investor I personally would prefer low commissions and sweep funds like most brokers had a few years ago vs. the current situation of zero commissions. If you do the math, the lost interest often outweighs commissions over a year. I have $14 sitting in cash in...
by TIAX
Tue Oct 01, 2019 9:25 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 9262

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

LocusCoeruleus wrote:
Tue Oct 01, 2019 8:10 pm
TD Ameritrade is $0 starting oct 3rd. Source: their website
Great, now we can all sell SPTM, SPDW and others and buy Vanguard ETFs.
by TIAX
Tue Oct 01, 2019 1:21 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges
Replies: 106
Views: 9262

Re: Charles Schwab (SCHW) Eliminating Commissions for Stocks, ETFs and Options Listed on U.S. or Canadian Exchanges

It's almost assured other brokers will soon follow. What will this eventually do to traditional mutual funds? Other than not being able to purchase fractional shares I can think of no reason we all shouldn't switch to the ETF version and save on the expense ratio. All the best My prediction: Invest...
by TIAX
Sun Sep 29, 2019 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Calculating breakeven for PSLF (MFS or MFJ) vs. refi/payoff + stay-at-home parent?
Replies: 3
Views: 276

Re: Calculating breakeven for PSLF (MFS or MFJ) vs. refi/payoff + stay-at-home parent?

We are also likely to have baby #2 within 2-3 years... now we are considering having her SaH rather than paying 2x childcare since she is not dying to get back into the workforce. Note that, if you hire a nanny, there is likely to be little to no difference in childcare expenses for the second chil...
by TIAX
Sun Sep 29, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: 529 Qualified Expenses (K-12 Private School)
Replies: 9
Views: 246

Re: 529 Qualified Expenses (K-12 Private School)

If you have the expenses now why not just use the 529 now? I'd rather pay them out of pocket now and let the tax-deferred growth compound longer, similar to an HSA. Fair enough. But no, you have to take distribution in the year expenses were paid and you should consider what happens if your child r...
by TIAX
Sun Sep 29, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: 529 Qualified Expenses (K-12 Private School)
Replies: 9
Views: 246

Re: 529 Qualified Expenses (K-12 Private School)

If you have the expenses now why not just use the 529 now?
by TIAX
Mon Sep 23, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Searching for affordable 401K provider? Guideline? Any comments or suggestions?
Replies: 12
Views: 712

Re: Searching for affordable 401K provider? Guideline? Any comments or suggestions?

You may want to check out SaveDay It is similar to Guideline but with a different fee structure. It is: 0.35% of plan assets charged to employee accounts annually plus a modest investment fee ranging from 0.06% to 0.08%. There doesn't appear to be an employer charged fee. I recently read about them...
by TIAX
Sun Sep 22, 2019 8:46 am
Forum: Investing - Theory, News & General
Topic: advocatus diaboli: Do index funds perform better because they don't switch to cash?
Replies: 16
Views: 1294

Re: advocatus diaboli: Do index funds perform better because they don't switch to cash?

Can someone post actual data regarding whether active funds attempt to time the market by switching to cash/bonds. I also thought this was common.
by TIAX
Sat Sep 21, 2019 9:30 am
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 1459

Re: Has anyone heard of Beta Shield?

If you're posting this kind of question, you probably shouldn't attend these "free" dinners as they may become costly for you very soon.
by TIAX
Wed Sep 18, 2019 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Searching for affordable 401K provider? Guideline? Any comments or suggestions?
Replies: 12
Views: 712

Re: Searching for affordable 401K provider? Guideline? Any comments or suggestions?

Unless you are using a payroll provider that integrates with guideline I recommend that you avoid them. Their customer service is some of the worst you will ever deal with. They will make mistakes. They will not get back to you. They will contradict themselves. They will not answer there phone duri...
by TIAX
Wed Sep 18, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Searching for affordable 401K provider? Guideline? Any comments or suggestions?
Replies: 12
Views: 712

Re: Searching for affordable 401K provider? Guideline? Any comments or suggestions?

ERISA Stone wrote:
Wed Sep 18, 2019 3:11 pm
I noticed Guideline now offers new comparability plans so maybe they are relaxing their restrictions on plan options. Good news, IMO.

https://www.guideline.com/pricing
Is that cross-testing?
by TIAX
Wed Sep 18, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Searching for affordable 401K provider? Guideline? Any comments or suggestions?
Replies: 12
Views: 712

Re: Searching for affordable 401K provider? Guideline? Any comments or suggestions?

You may want to check out SaveDay It is similar to Guideline but with a different fee structure. It is: 0.35% of plan assets charged to employee accounts annually plus a modest investment fee ranging from 0.06% to 0.08%. There doesn't appear to be an employer charged fee. I recently read about them...
by TIAX
Sun Sep 15, 2019 10:34 am
Forum: Personal Consumer Issues
Topic: Senior fell in major store
Replies: 25
Views: 3104

Re: Senior fell in major store

Sept 15 I fell inside a nationwide store about 24 hours ago, doing bodily damage. I did report it, but I also hope rest will take care of injured parts, said that at least twice. No medical assistance was called, but I was unable to continue shopping. They helped get a couple of things for me. I ca...
by TIAX
Tue Sep 10, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP vs traditional, but premiums are the same
Replies: 6
Views: 571

Re: HDHP vs traditional, but premiums are the same

For the first time I am being offered a HDHP through my employer. However, the premium is exactly the same as that of the traditional plan offered (annual $2880 total to cover me and my child). The deductible is of course higher at $3000 (vs $2000) but the out of pocket maximum is lower in the HDHP...
by TIAX
Thu Sep 05, 2019 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: HSA guidance
Replies: 9
Views: 829

Re: HSA guidance

hafjell wrote:
Thu Sep 05, 2019 9:43 pm
Can anyone open an HSA at Fido?
Yes. See this thread.
by TIAX
Wed Aug 21, 2019 11:55 am
Forum: Personal Investments
Topic: Where to invest 50k today?
Replies: 12
Views: 1225

Re: Where to invest 50k today?

but if the market is headed toward a recession, $50k is a lot to invest at once if the ship is sinking. Keep in mind that, insofar as you're considering market timing, there is no difference between not investing the $50k you have sitting in cash and not selling your stocks. The $50k isn't in any w...
by TIAX
Sun Aug 11, 2019 10:50 pm
Forum: Personal Investments
Topic: Student loan debt vs. VTSAX
Replies: 36
Views: 2584

Re: Student loan debt vs. VTSAX

Depending on who you refinance with that may not be the case. Also, even if that was the case, you could buy a term life policy for cheap to cover the debt in the unlikely event of your untimely demise. Pretty flimsy reason for not refinancing imo. Thanks. I agree that a life term policy is probabl...
by TIAX
Sun Aug 11, 2019 8:43 pm
Forum: Personal Investments
Topic: Student loan debt vs. VTSAX
Replies: 36
Views: 2584

Re: Student loan debt vs. VTSAX

Why don't you a refinance the student loan into a lower rate. I've considered refinancing, but these are all federal loans I obtained before marriage. If I refinance post-marriage, my wife would be responsible for paying off the loan, if anything happened to me (not to get morbid here). I'd rather ...
by TIAX
Sun Aug 11, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 7113

Re: How should my Spouse and I handle a $300,000 Settlement?

My worry right now is the market is so volatile. I personslly believe the market is overvalued and we are overdue for a pullback. While I do contribute to my accounts weekly and I am 10% YTD, I am reluctant to throw large sums of money into index funds right now. Bonds may collapse soon. I do not f...
by TIAX
Sun Aug 11, 2019 11:40 am
Forum: Personal Finance (Not Investing)
Topic: How should my Spouse and I handle a $300,000 Settlement?
Replies: 119
Views: 7113

Re: How should my Spouse and I handle a $300,000 Settlement?

I earn a salary of $90,000, plus I have options of 200,000 Common Units, equal to roughly 3.2% of the Company. I earn an additional $1,125 (sometimes as much as $1,500) per month through my Limited Liability Company. My spouse is a full-time, hourly employee earning $18 per hour. Why is your spouse...
by TIAX
Sat Aug 10, 2019 11:11 pm
Forum: Personal Investments
Topic: Student loan debt vs. VTSAX
Replies: 36
Views: 2584

Re: Student loan debt vs. VTSAX

Why don't you a refinance the student loan into a lower rate.
by TIAX
Mon Jul 22, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 70
Views: 7314

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

BTW...some small claims courts don't even allow lawyers. I doubt there is any such small claims court. California, Nebraska and Michigan as far as states go. In Cook County (Chicago) we have a small claims Pro Se court. Pro Se means “for himself”. The defendant can have an attorney but the plaintif...
by TIAX
Mon Jul 22, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 70
Views: 7314

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

michaeljc70 wrote:
Sun Jul 21, 2019 12:57 pm
BTW...some small claims courts don't even allow lawyers.
I doubt there is any such small claims court.
by TIAX
Thu Jul 18, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 70
Views: 7314

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

Defendant showed up. My understanding is that I cannot sue insurance company as they did nothing, I sue the other driver and his insurance company is obligated to pay. I think it helped that I wrote out a clear and concise statement to read to the judge, preemptively attacking the insurance company...
by TIAX
Wed Jul 17, 2019 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value
Replies: 70
Views: 7314

Re: Help! At Fault’s Insurance Company Refusing to Pay Diminished Value

I have returned to post an update. Last week I won my small claims court case for full amount + filing fees + cost of independent appraisal. I sued the other driver and his insurance sent me a check for the full amount. Funny as I would have settled for 1/4 of the amount I won. Did the defendant sh...
by TIAX
Sat Jul 06, 2019 11:49 am
Forum: Personal Investments
Topic: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?
Replies: 111
Views: 7445

Re: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?

When I selected the stocks I went for their max life returns plus how they did when good times came (last 5 years). Any stock that didn't work well during those two times were left out, unless they are new and promising (like Uber, Splunk etc). Have you back-tested your strategy to see how it would...
by TIAX
Fri Jun 14, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Side hustle: car rentals via turo
Replies: 16
Views: 1910

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: 1120

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: 8494

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: 2497

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: 4759

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: 1325

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: 1325

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: 650

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: 2190

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: 9715

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: 967

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: 967

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: 1808

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: 5376

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: 5921

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: 874

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: 457

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: 6865

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: 227
Views: 18175

Re: 2019 Hedge Fund Contest

Slightly Better Than Artemis Investment Management LLP

Long:
PKI

Short:
TSLA