Search found 103 matches

by overst33r
Thu Mar 23, 2017 12:45 pm
Forum: Investing - Theory, News & General
Topic: 401k access at 55 vs 59.5
Replies: 12
Views: 1554

Re: 401k access at 55 vs 59.5

I believe an alternative in your case could be to create a Roth IRA Conversion Ladder. That is a traditional 401k > IRA > Roth IRA. If you do this when you're 50, the money you convert will be accessible penalty-free at 55. You would also have to pay taxes at the time of the conversion.
by overst33r
Thu Mar 02, 2017 8:15 am
Forum: Investing - Theory, News & General
Topic: Mom & Pop investors piling in. Bad Sign/Good sign?
Replies: 36
Views: 7438

Re: Mom & Pop investors piling in. Bad Sign/Good sign?

I did have that moment in a Post Office lineup in 2000, but didn't sell. The couple behind me were on their phone, talking about buying a highly ramped tech stock, on a Saturday morning. Because I lived in a 'hood where that's not as unlikely as it sounds, given the demographics, I failed to take h...
by overst33r
Thu Jan 26, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Recharacterization of tIRA > Roth IRA > tIRA. Possible?
Replies: 4
Views: 473

Re: Recharacterization of tIRA > Roth IRA > tIRA. Possible?

I think I found an example here m Reconversions You cannot convert and reconvert an amount during the same tax year or, if later, during the 30-day period following a recharacterization. If you reconvert during either of these periods, it will be a failed conversion. Example 1 — The same tax year. O...
by overst33r
Thu Jan 26, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Recharacterization of tIRA > Roth IRA > tIRA. Possible?
Replies: 4
Views: 473

Recharacterization of tIRA > Roth IRA > tIRA. Possible?

In January 2016 I contributed to a traditional IRA. I then recharacterized the entire amount to a Roth IRA a few months later (mistakenly thinking that my MAGI in 2016 would be too high to qualify for a full deduction). Could I recharacterize my already recharacterized Roth IRA back to a tIRA? I cou...
by overst33r
Wed Oct 12, 2016 7:47 am
Forum: Personal Consumer Issues
Topic: Anyone has experience renting out their car(s) with Turo?
Replies: 22
Views: 3525

Re: Anyone has experience renting out their car(s) with Turo?

I haven't rented out, but I have rented a car. It was a pleasant experience and a great deal compared to an ordinary rental in san francisco.
by overst33r
Wed Aug 24, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: "How to Tell if Your Retirement Nest Egg Is Big Enough"
Replies: 61
Views: 15387

Re: "How to Tell if Your Retirement Nest Egg Is Big Enough"

rgs92 wrote:My takeaway from this is that 35 times expenses makes the most sense.

That would be a 2.8% SWR, seems awfully conservative.
by overst33r
Wed Jan 27, 2016 1:38 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't Vanguard stay the course?
Replies: 44
Views: 7168

Re: Why doesn't Vanguard stay the course?

Morningstar did a piece on glide path "instability" and I believe they found that T. Rowe Price (which has very aggressive target date funds) had stayed the course better than Vanguard. Interesting. T. Rowe Price's allocation utility just recommended that I should be in 80% stocks, despit...
by overst33r
Wed Jan 27, 2016 12:24 pm
Forum: Investing - Theory, News & General
Topic: HSA Administrators Adds DFA/Dimensional Funds
Replies: 4
Views: 1112

Re: HSA Administrators Adds DFA/Dimensional Funds

GK4321 wrote:Thank you for posting this.

I've not had access to DFA funds before, but have heard good things about them around here. Not sure I will change my Vanguard fund choices at HSA administrators, but it will be interesting to look through the DFA options.

GK

+1
by overst33r
Thu Jan 14, 2016 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Best strategy for HSA: withdraw or accumulate?
Replies: 11
Views: 1555

Re: Best strategy for HSA: withdraw or accumulate?

I have long been a proponent of saving receipts until retirement. That is before I got sick. In 2013, we generated 12 bills. In 2014, 75 bills. In 2015, well over 100 bills. I won't be keeping all those receipts for the next 30-40 years. This year I plan to withdraw the $15,000 or so we've spent ou...
by overst33r
Thu Jan 07, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Real-life, real-time wash sale & TLH documented
Replies: 128
Views: 17589

Re: Real-life, real-time wash sale & TLH documented

I love love love manual calculations. One can find mistakes in the automatic things that brokers send you. Also, my spouse's company always makes mistakes in the first W-2 that they send out. If we didn't understand taxes and paycheck stubs, we would end up paying more taxes due to mistakes by the ...
by overst33r
Tue Dec 15, 2015 8:02 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 38706

Re: Flaunt Your High-Mileage Car

'02 S2000 just hit 175k the other day. 9000rpm a few times a day keeps the mechanic away!

That includes several track days and autocrosses in the past few years. :happy
by overst33r
Wed Aug 26, 2015 2:55 pm
Forum: Investing - Theory, News & General
Topic: VHT down 27% - Glitch or missed opportunity
Replies: 59
Views: 8694

Re: VHT down 27% - Glitch or missed opportunity

I wonder if anyone has a list of all the ETFs that had large 20%+ drops on Monday so that we could look for any commonalities to try and predict which ones might do so again in the future. I mentioned for example in another thread that IJS dropped big time while VBR did not. This all of course soun...
by overst33r
Wed Aug 26, 2015 11:22 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake, how do I make the best of it? [Tax gain harvesting]
Replies: 18
Views: 2616

Re: I made a mistake, how do I make the best of it?

I felt very rushed to try to take advantage of the blip. I am trying not go get too hung up on it. I will learn from this. I think it is smart not to worry about this too much. In the long run it may not cost you anything at all since you have increased your basis. It may boil down to pay now or pa...
by overst33r
Wed Aug 26, 2015 10:38 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake, how do I make the best of it? [Tax gain harvesting]
Replies: 18
Views: 2616

Re: I made a mistake, how do I make the best of it?

If you wait more than a year and there still are gains they would be treated as LTCGs which have better tax treatment than STCGs. The exception is if you reinvest the dividends into the same funds they could be STCGs since they will be invested less than a year. Yes, if the market tanks even furthe...
by overst33r
Wed Aug 26, 2015 9:09 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake, how do I make the best of it? [Tax gain harvesting]
Replies: 18
Views: 2616

Re: I made a mistake, how do I make the best of it?

Any chance you can bump up your contribution to a 401k/403b so that it keeps you in the 15% bracket? I will have my 401k maxed out next month. HSA is already maxed out. ... I plan on buying the original funds back in 2 months... Do you intend to sell the VFIAX and VFWAX to get the money to do the b...
by overst33r
Wed Aug 26, 2015 8:08 am
Forum: Investing - Help with Personal Investments
Topic: I made a mistake, how do I make the best of it? [Tax gain harvesting]
Replies: 18
Views: 2616

I made a mistake, how do I make the best of it? [Tax gain harvesting]

I got caught up in all the tax loss harvesting talk without doing my homework and acted impulsively without thoroughly researching my scenario. I thought I was tax loss harvesting, when in fact I was tax gain harvesting. I hadn't bought any shares in my taxable account for the past 3 years, so my ba...
by overst33r
Mon Aug 24, 2015 11:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3943
Views: 1035139

Re: U.S. stocks in freefall

What a comeback it's made since opening. It's pretty exciting to watch the streaming quotes. Almost like a sports event. Still down for the day but only by a little. Sucks for those who sold in the morning! Come on Dow, you're the next contestant on The Price Is Right! Google finance news snippets ...
by overst33r
Mon Aug 24, 2015 11:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3943
Views: 1035139

Re: U.S. stocks in freefall

Bounca wrote:I've learned a lesson, have some more extra cash on the sidelines for times like this. :oops:

I had a little and also picked up IJS at 83.98 this morning sometime around 10AM.


Couldn't you just re-balance with your bonds (assuming you have some)?
by overst33r
Mon Aug 24, 2015 9:14 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3943
Views: 1035139

Re: U.S. stocks in freefall

Image
by overst33r
Wed Aug 12, 2015 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Six Sigma
Replies: 17
Views: 2534

Re: Six Sigma

Irrelevant grumble. I lost all respect for Six Sigma when I discovered that "Six Sigma" is really only 4.5σ. Someone just decided to add 1.5 to everything for no good reason other than to make it look or, more likely, sound better. The extra 1.5 accounts for the mean shift. m http://www.d...
by overst33r
Thu Jul 16, 2015 6:40 am
Forum: Personal Consumer Issues
Topic: Consumer Cellular now offers service on both AT&T and T-Mobile
Replies: 12
Views: 3152

Re: Consumer Cellular now offers service on both AT&T and T-Mobile

Why would one choose this over Cricket or Ting? Their plans don't seem competitive, unless I'm missing something... :confused
by overst33r
Fri Jun 26, 2015 7:05 am
Forum: Personal Finance (Not Investing)
Topic: HSA via Obamacare if new employer doesn't offer it. Good or bad idea?
Replies: 6
Views: 2281

Re: HSA via Obamacare if new employer doesn't offer it. Good or bad idea?

I'm actually in a similar position at the moment. I plan on getting my HSA on July 1st when my marketplace policy kicks in. Just make sure you select an HDHP plan, which should be HSA-compatible. The research that I've done says it's a good idea if you are younger/don't plan on spending much on heal...
by overst33r
Wed Jun 17, 2015 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Employer 401k limits (Non HCE)
Replies: 11
Views: 1861

Re: Employer 401k limits (Non HCE)

Just to give you another data point...

I'm a contractor through a large staffing company and am allowed to contribute up to 50%
by overst33r
Mon Aug 25, 2014 8:02 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 220
Views: 52287

Re: My New Car Buying Tips

Thanks to this thread and FW, I managed to buy a CRV for my sister this weekend.

She got a 2014 LX FWD w/tint for $22.4 OTD
by overst33r
Tue Aug 19, 2014 7:35 am
Forum: Personal Consumer Issues
Topic: How to install an SSD HD into laptop without a Win7 disc?
Replies: 17
Views: 1868

Re: How to install an SSD HD into laptop without a Win7 disc

Win7 has native backup image capability, but I am not sure if it allows for hardware differences.

http://windows.microsoft.com/en-us/wind ... =windows-7
by overst33r
Thu May 15, 2014 8:16 am
Forum: Personal Consumer Issues
Topic: 1992 Honda Accord Achieving Best Gas Mileage
Replies: 4
Views: 836

Re: 1992 Honda Accord Achieving Best Gas Mileage

If you really want to coast, then you have to shift the automatic transmission into neutral. You may also wish to google "hypermiling" m That's very dangerous and kind of pointless since his car likely has fuel cut off on deceleration. OP, get yourself an Ultragauge . It will pay for itse...
by overst33r
Tue May 13, 2014 3:09 pm
Forum: Investing - Theory, News & General
Topic: Books for someone who is not that interested
Replies: 48
Views: 5317

Re: Books for someone who is not that interested

I enjoyed The Richest Man in Babylon immensely.

It was very entertaining, and the principles are relevant today as they were since the dawn of mankind. This should spark some thirst for specifics applicable today.
by overst33r
Wed May 07, 2014 1:47 pm
Forum: Investing - Theory, News & General
Topic: Why is Two Fund Less Popular Than Three Fund Portfolio?
Replies: 151
Views: 16587

Re: Why is Two Fund Less Popular Than Three Fund Portfolio?

Steady wrote:Then you can ask why not just a target retirement fund if you truly want simple.

Lack of control and more expensive in comparison to a three fund portfolio. You certainly could do a lot worse.
by overst33r
Fri May 02, 2014 10:49 am
Forum: Investing - Theory, News & General
Topic: Other ways to invest/make money?
Replies: 22
Views: 2697

Re: Other ways to invest/make money?

Why not make a taxable investment account. The gains will probably be taxed at a lower rate... Virtually zero work required. Not sure if this meets your diversification statement though.
by overst33r
Tue Apr 29, 2014 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: 401k questions to ask advisor/employer
Replies: 17
Views: 1428

Re: 401k questions to ask advisor/employer

I wanted to post an update on my endeavor. It took a while, but as of last week. My 401k now includes Vanguard Total Market, Total International, and Total Bond!
by overst33r
Wed Apr 02, 2014 1:05 pm
Forum: Investing - Theory, News & General
Topic: Mr. Money Mustache: Hero or Foolish?
Replies: 452
Views: 99032

Re: Mr. Money Mustache: Hero or Foolish?

I think he is a foolish hero in teh sense of the Motley Fool.... a) the guy is a financial blogger of which we have seen so many popping up in the last 5 years, as such he has to maintain interest in his blog and make money - so whith that monetary goal underlying the blog I think a lot of the abov...
by overst33r
Thu Mar 13, 2014 4:17 pm
Forum: Investing - Theory, News & General
Topic: Green Bogleheads discussing Target Stock
Replies: 36
Views: 3354

Re: Green Bogleheads discussing Target Stock

I thought the same for BP and Ford in recent years. I just didn't have any fun money :greedy
by overst33r
Thu Mar 06, 2014 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Costco car buying?
Replies: 6
Views: 11806

Re: Costco car buying?

IF you change your mind and want to DIY to get the best deal possible:

http://www.fatwallet.com/forums/finance/1001920/
by overst33r
Tue Jan 21, 2014 12:57 pm
Forum: Investing - Theory, News & General
Topic: Want to be a Smarter Investor? [Sales pitch]
Replies: 4
Views: 823

Re: WANT TO BE A SMARTER INVESTOR?

a fool and his money...
by overst33r
Thu Jan 09, 2014 3:07 pm
Forum: Investing - Theory, News & General
Topic: CNN article on why cash is a good investment in 2014
Replies: 5
Views: 1591

Re: CNN article on why cash is a good investment in 2014

I can't help but see it as another market timing article. Sitting on the sidelines is one strategy, but you might miss out on some returns, then again, possibly some losses too. No one knows. I suppose these are the times one should be disciplined and stick to their asset allocation. "Stay the ...
by overst33r
Wed Jan 08, 2014 11:46 am
Forum: Personal Consumer Issues
Topic: Used Books for Purchase?
Replies: 9
Views: 701

Re: Used Books for Purchase?

www.addall.com

It's an all-encompassing site that I've used throughout college and most of my purchases now.
by overst33r
Mon Dec 23, 2013 2:58 pm
Forum: Investing - Theory, News & General
Topic: "What Vanguard Founder Would Have Done Differently"
Replies: 17
Views: 2430

Re: "What Vanguard Founder Would Have Done Differently"

I love this bit especially Q: Why are active managers convinced of their superior long-term performance, despite evidence to the contrary? Well maybe they don't think about it. There’s a great quote from Upton Sinclair, which I’m paraphrasing: it’s amazing how difficult it is for a man to understand...
by overst33r
Wed Dec 18, 2013 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help choosing my 401k funds
Replies: 6
Views: 503

Re: Help choosing my 401k funds

Thank you very much for your comments everyone.

Pringo, I will look into the other funds to make up for any missing exposure.
by overst33r
Wed Dec 18, 2013 9:27 am
Forum: Investing - Help with Personal Investments
Topic: 401k questions to ask advisor/employer
Replies: 17
Views: 1428

Re: 401k questions to ask advisor/employer

Paul, I saw your post and I sent an email to my CFO to get some cheaper funds added to our selection. Currently the selection is pretty expensive: Funds available in 401(k) American Funds EuroPacific RERCX 1.14% JPMorgan Small Cap Value JSVZX 1.51% AllianceBern Discovery Growth CHCRX 1.58% JPMorgan ...
by overst33r
Wed Dec 18, 2013 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Help choosing my 401k funds
Replies: 6
Views: 503

Help choosing my 401k funds

Hello, I recently started a new job with my first 401k so I'm looking for guidance on which of the available funds to choose to maintain the characteristics of my 3 fund portfolio. Emergency funds: 6 months of living expenses in I-Bonds Tax Filing Status: Single, no dependents Tax Rate: 25% Federal,...
by overst33r
Thu Dec 12, 2013 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 19482

Re: What percentage of your income are you saving?

What's the fastest and most accurate way to calculate savings rate? I'm using Mint at the moment, but I'm not confident in the accuracy.
by overst33r
Wed Dec 11, 2013 8:06 am
Forum: Investing - Help with Personal Investments
Topic: 401k questions to ask advisor/employer
Replies: 17
Views: 1428

Re: 401k questions to ask advisor/employer

Hello Bogleheads, I just received an email stating that open enrollment for our new 401k plan is next week. The custodian is Valic (AIG). To judge a book by it's over, I have suspicions that this plan will likely have excessive fees and not many, if any, low-cost options.If my predictions are true,...
by overst33r
Tue Dec 10, 2013 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: 401k questions to ask advisor/employer
Replies: 17
Views: 1428

401k questions to ask advisor/employer

Hello Bogleheads, I just received an email stating that open enrollment for our new 401k plan is next week. The custodian is Valic (AIG). To judge a book by it's over, I have suspicions that this plan will likely have excessive fees and not many, if any, low-cost options.If my predictions are true, ...
by overst33r
Wed Dec 04, 2013 8:29 am
Forum: Investing - Theory, News & General
Topic: REIT Stocks - An Underutilized Portfolio Diversifier
Replies: 10
Views: 1694

Re: REIT Stocks - An Underutilized Portfolio Diversifier

Why don't they use this allocation in their model portfolios?
by overst33r
Tue Oct 22, 2013 12:05 pm
Forum: Personal Consumer Issues
Topic: New Job Dilemma
Replies: 21
Views: 1998

Re: New Job Dilemma

But I have to ask what exactly did he agree to? Employment for life? To show up for one day? Something in between? What exactly did the employer agree to? Employment at will? If your going to treat this as a contract you have to know what the contract is. A contract requires a meeting of the minds....
by overst33r
Tue Oct 22, 2013 7:30 am
Forum: Personal Consumer Issues
Topic: New Job Dilemma
Replies: 21
Views: 1998

Re: New Job Dilemma

I received a written offer which I have verbally accepted.