Search found 385 matches

by wassabi
Sun Apr 15, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3171

Re: Suddenly I had a weird bill go to collections - what's my course of action?

Help, I'm really stressing out! You're stressing out over a $100 possibly invalid debt? All collection agencies do is scare people who don't know that the agencies can't actually do anything. Write the letter to the collection agency asking them to validate the debt and, otherwise, not contact you,...
by wassabi
Sat Apr 07, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3477

Re: How often do you replace your office shoes?

I replace every 2-3 years for good quality - johnston & murphy, Clarks, Ecco. Coincidentally I'm going to buy Allen Edmonds this afternoon. I hate to spend so much but I've learned that quality shoes are worth it. The big problem for me is that I use public transportation and beat up my shoes. I can...
by wassabi
Wed Mar 28, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 114
Views: 31736

Re: WSJ Digital Subscription - a bargain!

I have been using the WSJ as my primary source of news for the past six months and am 100% satisfied. Worth every penny.
by wassabi
Sun Mar 18, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Soft boxer shorts for men
Replies: 28
Views: 2552

Re: Soft boxer shorts for men

I don't want this go "off topic", this should be ok since I'm just asking for product link. I would like to find some boxer shorts with the following requirements: - No thick "rubber band" at the top. I find this painful - Material should be soft cotton or flannel - Elastic should be fully covered ...
by wassabi
Tue Mar 06, 2018 7:04 pm
Forum: Investing - Theory, News & General
Topic: Crypto Index Fund
Replies: 26
Views: 2130

Re: Crypto Index Fund

What is an accredited investor?

Edit: never mind, found it here: https://www.investor.gov/additional-res ... -investors
by wassabi
Sat Mar 03, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Thinking of getting an Apple Watch
Replies: 73
Views: 6774

Re: Thinking of getting an Apple Watch

It truly is amazing to me what people think they actually need nowadays. You know how I know my heart rate is elevated when I’m working out? I feel my heart beating. People have a pocketsized supercomputer within arms reach 24/7 and that’s still not enough There will be nothing “life changing” abou...
by wassabi
Thu Feb 15, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7135

Re: Wisdom of Bitcoin

How is this thread any different than the many other bitcoin threads that ridicule and make fun of it and anyone who thinks it’s a good investment? The original post isn’t even actionable - it’s just trolling bitcoin.
by wassabi
Tue Feb 13, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 45
Views: 4970

Re: Rolex

I have personally been watching for a Rolex black and blue GMT batman but am having a hard time pulling the trigger on one with prices where they currently stand. I'm about to pull the trigger on a used one today. Prices seemed to have run up during xmas, then fallen a tiny bit since. Went to 5 sto...
by wassabi
Sun Feb 11, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

The W-4 has a worksheet to make an approximate adjustment to your withholding when you have two earners. Did you adjust your withholding according to that worksheet? (It computes a total number of allowances, and recommends that the higher-earning spouse claim all of them.) There should be a new W-...
by wassabi
Sun Feb 11, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

As a follow-up to this post, I used a calculator and accurately entered our income and other information. With me withholding two and my wife withholding zero (same as last year), the tool says we should have a refund next year of $742. If that's the case, I'd be happy to not adjust my withholding; ...
by wassabi
Mon Feb 05, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Young vs Middle Aged?
Replies: 32
Views: 2980

Re: Young vs Middle Aged?

I turned 40 a couple weeks ago. I feel old. I can relate. 40 is a tough age. It's more symbolic than anything. Most on this forum will agree that 40 and even 65+ is not "old." Anytime I feel old (as a 40-something) I read the consumer threads about our fellow retired Bogleheads who by government st...
by wassabi
Fri Feb 02, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Bond Fund in Taxable for Loss?
Replies: 12
Views: 661

Re: Sell Bond Fund in Taxable for Loss?

I'm wresting with the same issue. The problem is I like the fund, esp Admiral shares. But I think it MIGHT be a decent MARKET TIMING (please don't shoot!) bet that interest rates will be the same or higher in 1 month. Meaning you could buy the fund back at the same or lower price, after the wash-sa...
by wassabi
Fri Feb 02, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: I BONDS Maturing in 2030
Replies: 42
Views: 2885

Re: I BONDS Maturing in 2030

How would you go about claiming the interest on the I-Bonds so that it doesn't stack up at the 30-year mark? Say for example you bought one in 2010 and it matures in 2040. This year, you want to pay the interest for 2010-2017. Do you combine the total interest as one line item? Do you have to reques...
by wassabi
Fri Feb 02, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Getting out of bond funds?
Replies: 17
Views: 1914

Re: Getting out of bond funds?

OP, what role do bonds play in your portfolio? If you have them for safety and you are ok with losing money on the yield, then move to money market (or low yield safe equivalents) so you sleep well during the next correction or meltdown. If you are comfortable with taking a little bit of risk for so...
by wassabi
Fri Feb 02, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Sell Bond Fund in Taxable for Loss?
Replies: 12
Views: 661

Re: Sell Bond Fund in Taxable for Loss?

I've decided to sell the bond fund that way I can harvest the loss and allocate my positions more efficiently.

Thanks very much for the discussion and help thinking through this topic!
by wassabi
Fri Feb 02, 2018 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Sell Bond Fund in Taxable for Loss?
Replies: 12
Views: 661

Re: Sell Bond Fund in Taxable for Loss?

If I sell, I realize the loss but I can claim the capital loss and get my portfolio to where I think it needs to be per my IPS and make it more tax efficient (but HOW much more tax efficient I don't know). I'm a bit baffled. Do you consider realizing losses bad? The loss exists regardless of whethe...
by wassabi
Fri Feb 02, 2018 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Sell Bond Fund in Taxable for Loss?
Replies: 12
Views: 661

Re: Sell Bond Fund in Taxable for Loss?

If I sit on the small position, I continue to deal with the tax inefficiency, but I don't realize the loss by selling. I'm not sure why you think it might be a problem or somehow disadvantageous to realize the loss. It's already a loss, currently, whether you sell or not. That's the first thing to ...
by wassabi
Fri Feb 02, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Sell Bond Fund in Taxable for Loss?
Replies: 12
Views: 661

Re: Sell Bond Fund in Taxable for Loss?

I had been keeping a complete AA in each of my accounts to simplify rebalancing. However is was tax inefficient because of taxable bonds in my taxable accounts. So, in December, I moved everything around such that all of my taxable bonds are now in my rollover IRA's. The net result was that, yes, I...
by wassabi
Fri Feb 02, 2018 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Sell Bond Fund in Taxable for Loss?
Replies: 12
Views: 661

Sell Bond Fund in Taxable for Loss?

For various reasons I own vanguard intermediate term bond fund (VBILX) in my taxable account. Over the past year or two I've been transitioning most of the bonds to my tax advantaged accounts systematically through 401k contributions and other methods. However, due to the drop in the bond market I'm...
by wassabi
Wed Jan 31, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

Forgive my ignorance, but how do I "do married but withhold as single."? Is that just a change with our W4? We would change our filing status to Single (with HR in the payroll system) but continue to file our taxes as Married Filing Jointly? I am unsure when the new W4 will come out from IRS due to...
by wassabi
Wed Jan 31, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

I was married in 2016 and that's the first year I had to pay taxes. We were married mid-year and had to pay about $1700. This year, however, after being married all of 2017 our initial taxes owed were around $3k federal after I entered income and before I entered itemized deductions (charitable con...
by wassabi
Wed Jan 31, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

I was married in 2016 and that's the first year I had to pay taxes. We were married mid-year and had to pay about $1700. This year, however, after being married all of 2017 our initial taxes owed were around $3k federal after I entered income and before I entered itemized deductions (charitable con...
by wassabi
Wed Jan 31, 2018 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

Alternatively, if you don't have any other sources of income, if you both do Married but withhold as Single, I would be surprised if you underpay. Forgive my ignorance, but how do I "do married but withhold as single."? Is that just a change with our W4? We would change our filing status to Single ...
by wassabi
Wed Jan 31, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

Re: MFJ 2 allowances underpayment penalty

If you want to be absolutely certain about avoiding the underpayment penalty, you can make sure to withhold at least 100% of your 2017 taxes. If you want to be hardcore about it, you could look at the withholding tables and calculate exactly how many allowances you need to get there. Not always. At...
by wassabi
Wed Jan 31, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: MFJ 2 allowances underpayment penalty
Replies: 16
Views: 1022

MFJ 2 allowances underpayment penalty

I was married in 2016 and that's the first year I had to pay taxes. We were married mid-year and had to pay about $1700. This year, however, after being married all of 2017 our initial taxes owed were around $3k federal after I entered income and before I entered itemized deductions (charitable cont...
by wassabi
Sun Jan 28, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Turn 75,000 into 1 million
Replies: 42
Views: 6967

Re: Turn 75,000 into 1 millio

Well, I was laid off at 40 with a grand total of 68,000 to my name. Rolled it into the Wellington fund and ignored it for 23 years, it’s now at 822,000. Add a little savings every year in the meantime and there is no reason you can’t be well over a million by the time Your 65.probably pushing 2 mil...
by wassabi
Thu Jan 25, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Travel to Poland, Estonia, Lithuania: is it worth it?
Replies: 29
Views: 2489

Re: Travel to Poland, Estonia, Lithuania: is it worth it?

I have visited Poland several times and it’s my favorite country. Feel free to ask specific questions here or in private message.
by wassabi
Mon Jan 15, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: Any high-end skincare products worth it?
Replies: 37
Views: 3196

Re: Any high-end skincare products worth it?

I've never bought any but am curious. I've mostly used the stuff you can find in CVS. Do you use any high-end facial wash and moisturizers and things like that, and do you think they are worth it? If you want high end then I believe you are looking for Rodan + Fields and other products in that cate...
by wassabi
Sun Jan 14, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Does wash sale rule apply to money market fund (VFMXX)?
Replies: 5
Views: 525

Re: Does wash sale rule apply to money market fund (VFMXX)?

Yeah, that wasn't worded correctly. The point is that for a wash sale, you need to realize a loss on a given asset and then buy it back (or something "substantially identical"*) within 30 days. You're trading in and out of the money market fund at $1.00 each time, so there's not a loss on that (or ...
by wassabi
Sun Jan 14, 2018 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Does wash sale rule apply to money market fund (VFMXX)?
Replies: 5
Views: 525

Re: Does wash sale rule apply to money market fund (VFMXX)?

Yes. I'll be selling some intermediate bond shares for a small loss and putting the funds in my settlement account. So the order of operations are in my taxable account is: 12 Jan: transfer shares from money market (VFMXX) to Roth IRA. 16 Jan: Sell shares in int. bond (VBILX) at loss and transfer to...
by wassabi
Sun Jan 14, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Does wash sale rule apply to money market fund (VFMXX)?
Replies: 5
Views: 525

Does wash sale rule apply to money market fund (VFMXX)?

I use Vanguard Federal Money Market Fund (VFMXX) as my settlement fund. I "sold" funds by transferring them to my Roth IRA. I would now like to transfer more funds to my money market but technically wouldn't that be "buying" the fund again and considered a wash sale if I don't wait 30 days? Or, is t...
by wassabi
Mon Dec 18, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18785

Re: Call the top! - Bitcoin

I call it 200k Dec 2018. Now this technology is only in its own infancy and will be changing dramatically. I don't believe that crypto will replace cash or cards, however banking system will change dramatically within next decade. p.s. just few minutes ago word largest futures exchange launched bit...
by wassabi
Wed Dec 06, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 9153

Re: Want to sell my Bitcoin, but when?

Does anyone have experience selling bitcoin and filing the capital gains? As an example: Is it as simple as filling out a tax form that you bought for 1BTC for $1000 through some source and sold 1 BTC for $5000 for a capital gain of $4000? What if you spent .5 of the 1 BTC and can no longer account ...
by wassabi
Sun Nov 19, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2018 for Mac [and PC Released]
Replies: 44
Views: 6558

Re: Quicken 2018 for Mac [and PC Released]

tetractys wrote:
Wed Oct 25, 2017 10:20 am


I'm still on the fence as to which of the two I will keep. (addendum: it's MD) -- Tet
Why Moneydance over Banktivity? Banktivity seems to have really invest a lot in the latest version.
by wassabi
Thu Oct 26, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 16995

Re: 2018 ACA rates now live....

Big difference in Virginia this year. I'll post the details later, but my wife has a plan from Kaiser that has gone up in price and down in benefits each year. This year the jump in price is very high (25%).
by wassabi
Tue Oct 10, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Email Security after equifax breach
Replies: 24
Views: 3265

Re: Email Security after equifax breach

A couple thoughts to keep in mind as you ponder email security: Don't rely on Google Voice. Google has a history of killing off programs and they can certainly do the same with Google Voice. Google Voice is not a big source of revenue for them which makes it an even bigger target Consider switching ...
by wassabi
Tue Sep 12, 2017 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 3393

Re: Wellington/Wellesley diversification help

What is your desired Asset Allocation Plan? Without one, you will just be collecting a bunch of funds. Exactly. OP, figure out your desired asset allocation, pick the funds that will deliver that allocation, and then don't touch anything for a long time. It's easy to overthink your situation and es...
by wassabi
Mon Sep 04, 2017 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Where To Park Your Emergency Fund At Vanguard?
Replies: 17
Views: 4918

Re: Where To Park Your Emergency Fund At Vanguard?

You might want to check out this post here: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=225741&p=3493959#p3493715 to read the many, many threads started by another forum member on this subject and all of the responses he received. I think it could be very helpful to you, as you and he have...
by wassabi
Fri Aug 25, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 62
Views: 11382

Re: Amazed by Vanguard Wellington's Performance

Here's an example of Wellington compared to 65/35 stock/bond index. In 2015, it looks like Wellington paid out around 6% in income. Any idea how when bond rates were so low then and high yield dividend stock were paying half that on average? I'm confused about Wellington's income. [Link here] In 20...
by wassabi
Fri Aug 25, 2017 1:49 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 62
Views: 11382

Re: Amazed by Vanguard Wellington's Performance

One thing I've noticed when backtesting Wellington on portfoliovisualizer.com is that the income is significantly higher than other similar funds and index allocations (e.g., 65% VTSMX and 35% VBMFX). If I run $100,000 from 1994-2017, the income from the fund in recent years is somewhere around 5-6...
by wassabi
Fri Aug 25, 2017 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Who Do You Trust for Disability/Life Insurance
Replies: 10
Views: 1383

Re: Who Do You Trust for Disability/Life Insurance

tj wrote:
Thu Aug 24, 2017 9:28 pm
I was 40 when I got the policy for $500k and pay $340/yr.
That's odd. The website says $90/year.

https://www.lfg.com/public/individual/e ... llevelterm
I believe policy fees are included in the final rate.
by wassabi
Thu Aug 24, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Who Do You Trust for Disability/Life Insurance
Replies: 10
Views: 1383

Re: Who Do You Trust for Disability/Life Insurance

I have been looking into getting short term/permanent disability insurance. If they can also bundle in some life insurance for not too much extra, that would be a plus. I am in my early 30's, fit, healthy, no family history of illness, and do not have a family yet. I live in California and my emplo...
by wassabi
Thu Aug 24, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Amazed by Vanguard Wellington's Performance
Replies: 62
Views: 11382

Re: Amazed by Vanguard Wellington's Performance

One thing I've noticed when backtesting Wellington on portfoliovisualizer.com is that the income is significantly higher than other similar funds and index allocations (e.g., 65% VTSMX and 35% VBMFX). If I run $100,000 from 1994-2017, the income from the fund in recent years is somewhere around 5-6%...
by wassabi
Thu Aug 24, 2017 4:41 am
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 33064

Re: What to do when a parent's money runs out?

You've done enough. She is not entitled to this house. Just because she loves it does not mean you should have to keep paying for it. It's very simple: she can't afford to live there, so she must move. You are very generous for offering to fund her moving expenses. Don't feel bad - you're doing enou...
by wassabi
Wed Aug 23, 2017 8:37 pm
Forum: Personal Consumer Issues
Topic: Crashplan for Home ending service late 2018
Replies: 117
Views: 11825

Re: Crashplan for Home ending service late 2018

Switched from Crashplan to Arq a couple of years ago and have been pretty happy. Currently going to Amazon, but will switch to Wasabi or Backblaze at the end of this term since they are cheaper now. Here is who they support: https://www.arqbackup.com/documentation/pages/strategy.html Same here. Lov...
by wassabi
Sun Aug 20, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 18504

Re: Jobs that pay over $100,000

My friends and I are under 30, have the same liberal arts degrees, and work in Washington, DC: Some make more than $100,00 per year as federal or business consultants. Others are doing well as cybersecurity analysts ($100,000+ per year, huge market). Some make more than $150,000 per year in total c...
by wassabi
Sun Aug 20, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 17332

Re: I own no international stocks. Can you guess why?

Dottie57 wrote:
Sun Aug 20, 2017 11:28 am
You've given it away to family.
:thumbsup
Good guess. To family or charity.
by wassabi
Thu Aug 17, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 10055

Re: ObamaCare 2018

So where do people get health insurance if their job doesn't offer it and there is essentially no network in their state through ACA? Are people still able to apply directly to the providers or is it a requirement to use the ACA market if one needs insurance? The plans in my state aren't that diffe...
by wassabi
Thu Aug 17, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 10055

Re: ObamaCare 2018

Interesting points about negotiated rates. I didn't think about this previously, but if a person has a $5,000 deductible and a medical visit normally costs $300 but the negotiated rate is $100 then the insured person is only responsible for paying the $100 (provided the deductible has not been met)....
by wassabi
Thu Aug 17, 2017 4:35 am
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 10055

Re: ObamaCare 2018

It's going to be a race to the bottom in most states this year. Which company can provide the worst network at a price that people still find halfway reasonable? Anthem BCBS just announced they're leaving VA, and Aetna and United Healthcare already did the same. Something like 80-90% of my clients ...