Search found 471 matches

by mhadden1
Fri Jan 18, 2019 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: No 401K match new employer
Replies: 20
Views: 1133

Re: No 401K match new employer

The other things to keep in mind Re 401k is that the tax deferred space is use or lose, and it is unlikely you will be stuck in these high ER funds for your entire working life. See if you qualify for tax deductible traditional IRA. If not, use a Roth IRA (backdoor if you have to). What is your app...
by mhadden1
Thu Jan 17, 2019 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: New to the forum and looking for advice
Replies: 11
Views: 748

Re: New to the forum and looking for advice

There is not a 28% tax bracket. Stop doing taxable investing until you fill tax advantaged space. You have plenty of room in your 401K. It looks like you are only contributing $6000/year. 32% this yr - im hesitant on maxing out my 401 since i will need that money before im 59.5 or whatever age it i...
by mhadden1
Thu Jan 17, 2019 2:39 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3820

Re: Fun with Amazon

Earl Lemongrab wrote:
Thu Jan 17, 2019 1:35 pm
wolf359 wrote:
Thu Jan 17, 2019 1:30 pm
OP put all names in quotes. Even "Anita."
Of course. A couple of people have decide to impute some nefarious reason to that, which doesn't exist.
It just occurred to me - Earl Lemongrab is probably not your real name. Another cherished misconception shot to hell.
by mhadden1
Thu Jan 17, 2019 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: 57 yr old w/$14K
Replies: 24
Views: 3512

Re: 57 yr old w/$14K

At 57, if your friend can work in covered employment as much and as long as possible, he can still qualify for a significant SS benefit. IMO that may be the best advice you can give.
by mhadden1
Thu Jan 17, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Parents never paid non-resident state tax for rental property
Replies: 15
Views: 1831

Re: Parents never paid non-resident state tax for rental property

The right thing to do about the Illinois state taxes is to figure out whether the law requires a return to be filed - if so, fill it out and pay any tax owed. If tax got paid to the wrong state, an amended return to get that back seems to be in order. If dependable advice is necessary to accomplish ...
by mhadden1
Thu Jan 17, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: Anyone with experience with Carmax?
Replies: 74
Views: 23634

Re: Anyone with experience with Carmax?

Several good buying experiences with CarMax, both for me and while helping older relatives/friends. I do not disagree that a savvy negotiation might likely produce a lower price from a regular dealer. Overall I find the search process to be easier at CarMax - also used their feature of bringing in c...
by mhadden1
Thu Jan 17, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 827
Views: 40739

Re: John Bogle has died at age 89

I believe that Mr. Bogle's work has made my retirement prospects a lot better. It is easy to admire someone whose efforts helped so many.
by mhadden1
Wed Jan 16, 2019 9:42 am
Forum: Investing - Help with Personal Investments
Topic: New investor please help!
Replies: 18
Views: 1033

Re: New investor please help!

Richard32 wrote:
Wed Jan 16, 2019 5:19 am
85% in the PLSAX (S&p) and 15% in the small cap fund
This gives you a pretty close approximation of the total US stock market. :happy
by mhadden1
Wed Jan 16, 2019 12:34 am
Forum: Investing - Help with Personal Investments
Topic: Life transition, what's next
Replies: 25
Views: 3176

Re: Life transition, what's next

daughter prefers Phoenix. Looks like your income right now from Home Depot, SS etc, and say 25k from the savings (< 4%) is up close to 60k. There are many pleasant places in the USA with pretty low living costs where you can live very comfortably on that. Maybe even Phoenix, which I know little abo...
by mhadden1
Wed Jan 16, 2019 12:06 am
Forum: Investing - Help with Personal Investments
Topic: New investor please help!
Replies: 18
Views: 1033

Re: New investor please help!

Thank you all!! Any advice isnappreciated Your choice of a target date fund in your 401k is a good one - except for, as you point out,the high expense ratio. The least expensive choice is the PLSAX- S&P 500, and its 0.31 ER is not great but not horrible. Luckily this is a very suitable choice as yo...
by mhadden1
Tue Jan 15, 2019 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6527

Re: A co-worker makes more than me

This most likely has nothing to do,with your performance, their performance, job responsibilities or any other merit based reasons. The salary difference you discovered could be a clue that you are underpaid. In today's world of salary surveys and such, you might be able to evaluate the situation t...
by mhadden1
Tue Jan 15, 2019 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Balanced Index Admiral vs LS Mod Growth>
Replies: 16
Views: 1050

Re: Vanguard Balanced Index Admiral vs LS Mod Growth>

Many people like to fill their Roth space with the hottest funds they can stand (highest expected return) while maintaining their desired AA with less risky funds in other accounts.
by mhadden1
Tue Jan 15, 2019 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Please Point me Where to Look For an Advisor for My Mother:
Replies: 14
Views: 947

Re: Please Point me Where to Look For an Advisor for My Mother:

3 CDs at 3 different banks. At least she won't get fleeced. At 3%, that's $22.5k a year. I understand that many people think they can put $100k into some magical account and get $50k a year for life, but if the above number works, then it's the safe way to go. Yes, just don't let the banks talk you...
by mhadden1
Tue Jan 15, 2019 1:48 am
Forum: Investing - Help with Personal Investments
Topic: Help updating portfolio for 2019.
Replies: 13
Views: 1586

Re: Help updating portfolio for 2019.

lifeisinmirrors wrote:
Sun Jan 13, 2019 8:37 am
Just one taxable, one Roth, one traditional IRA should be enough.
And, with a little attention, probably hold only one or two different funds in each account. Much more intelligible. If you get a paper statement (I don't) it's half a page.
by mhadden1
Mon Jan 14, 2019 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1388

Re: Retirement portfolio

What is your international allocation with your current four fund portfolio? That would likely change if you move toward a life cycle fund or Wellesley.
by mhadden1
Mon Jan 14, 2019 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Small cap tilting
Replies: 20
Views: 1192

Re: Small cap tilting

Currently I am in VSIAX (Small cap Value) and I am thinking of moving that into VTMSX (Vanguard Tax Managed Small Cap). If you want to tilt, you have to figure what you want and stick with it. You can't currently have one thing and think about moving to something else. And, it can be hard to stick ...
by mhadden1
Sun Jan 13, 2019 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: New investor please help!
Replies: 18
Views: 1033

Re: New investor please help!

Other funds available: PRBDX,PMRJX,PALTX,PCSMX,PVUIX,PRWLX Hey Richard32, welcome to the forum. If you can post your 401 fund choices with ticker, name and expense ratio information, something like: PRBDX Principal Core Plus Bond Fund Class A 0.50 or whatever PMRJX PALTX PCSMX PVUIX PRWLX then prob...
by mhadden1
Sun Jan 13, 2019 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: 457 vs 403b
Replies: 120
Views: 7481

Re: 457 vs 403b

In Alabama, the Retirement Systems of Alabama provides public employees, including teachers, a 457 plan called RSA-1. For investment choices, essentially RSA rolls their own S&P 500, total bond, and short term bond funds with no fees . I don't think it gets touted much at school retirement seminars ...
by mhadden1
Sun Jan 13, 2019 10:29 pm
Forum: Investing - Theory, News & General
Topic: charles schwab, fidelity and seven other banks and brokerages are planning to launch a new exchange
Replies: 6
Views: 1381

Re: charles schwab, fidelity and seven other banks and brokerages are planning to launch a new exchange

I would think more competition is a good thing, as long as access is still available to all the exchanges, and the bid/ask is transparent across all of them. Theoretically, people who trade with these brokers might... maybe... have faster/better access to this exchange circumventing the the advanta...
by mhadden1
Sat Jan 12, 2019 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Should my partner contribute to his 403(b)?
Replies: 8
Views: 786

Re: Should my partner contribute to his 403(b)?

2. At 64k AGI, the savers credit is 10% of the contribution amount with a max of $1000. The Saver's Credit is 10% of the contribution amount, with a maximum contribution counted of $4000, so it's only $400, not $1000. To get a $1000 credit ($2000 if married), you need to get down to the 50% level, ...
by mhadden1
Sat Jan 12, 2019 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Tax software for filing state returns
Replies: 12
Views: 503

Re: Tax software for filing state returns

Have generally reviewed various tax software packages. Most provide free filing on Federal taxes and charge for state. However, found one that offers free filing for both. When you say free, do you mean included in the price to acquire the software? Or is the software (service, really) also free? S...
by mhadden1
Tue Jan 08, 2019 3:53 pm
Forum: Personal Consumer Issues
Topic: Comcast didn't deliver as promised
Replies: 16
Views: 1676

Re: Comcast didn't deliver as promised

This post gets my vote for "Least Surprising of the Year". But, the year is young. :happy
by mhadden1
Sun Jan 06, 2019 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding Wealth Manager
Replies: 19
Views: 1278

Re: Question regarding Wealth Manager

The cost basis is currently 265k with an unrealized gain amount of 24k. Just so that I am looking at this correctly, this essentially means that we would pay taxes on only 24k? Forgive my naiveté, but this seems like an extremely low amount, considering the size of the portfolio and the recent bull...
by mhadden1
Sun Jan 06, 2019 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Stopping 401k to buy up cash-flowing real estate?
Replies: 24
Views: 1861

Re: Stopping 401k to buy up cash-flowing real estate?

crazycatman wrote:
Sun Jan 06, 2019 11:16 am
UpperNwGuy wrote:
Sun Jan 06, 2019 10:54 am
crazycatman wrote:
Sun Jan 06, 2019 9:32 am
Our all-in per house will avg $42k
My goodness, 42k. That is certainly not much. Just remember that if you only collect half the rent, you only make 5% or so.
by mhadden1
Sat Jan 05, 2019 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20246

Re: $40,000 in debt, bankruptcy seems to be the best option right now

I don't live anywhere close to Florida, but the median home price in Broward County is $263,000 according to a quick Google search. The discussion motivated me to look at the 1100 sf, 2br/1b CBS house I owned 30 years ago in Ft. Lauderdale, well inland from the beach. Zillow shows it at $285K. Hous...
by mhadden1
Sat Jan 05, 2019 10:06 pm
Forum: Investing - Theory, News & General
Topic: 2019 Roth all at once or over time.
Replies: 19
Views: 1425

Re: 2019 Roth all at once or over time.

On Friday I did 7K for DW and 6K for me, for 2019. Sometime pretty soon I will decide where to get the remaining 1K to put in. Probably the last year to contribute as DW plans to retire this year. She says she might substitute teach a bit, just to hang out with her teacher friends sometimes - so pos...
by mhadden1
Sat Jan 05, 2019 9:53 pm
Forum: Personal Consumer Issues
Topic: Getting AT&T to Stop Charging Me.......
Replies: 12
Views: 1045

Re: Getting AT&T to Stop Charging Me.......

five2one wrote:
Sat Jan 05, 2019 9:30 pm
Then try spanish speakers as they are typically bi-lingual which means they are based in the US.
Wow that is fiendishly clever. :twisted: You rock, so hard.
by mhadden1
Sat Jan 05, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 258
Views: 20246

Re: $40,000 in debt, bankruptcy seems to be the best option right now

Your housing expenses are nearly 50% of your take home and that is just way too much. I don’t see where you can cut back much, maybe your groceries/food bill a little. Can you or your wife work more and increase income that way? It’s probably hard with young children at home. You are in a tough spo...
by mhadden1
Wed Jan 02, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: drilling into concrete - 2 layers?
Replies: 9
Views: 575

Re: drilling into concrete - 2 layers?

An anchor in 1.5 inches of concrete should be fine for holding things like non-CRT televisions.
by mhadden1
Tue Jan 01, 2019 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Opinions sought re: age-related investing issue
Replies: 39
Views: 2070

Re: Opinions sought re: age-related investing issue

(3) Stock Newsletters. There are dozens of these, most of which are best used as kindling in your fireplace, but some are worthwhile. They aren't cheap, but that is a relative thing. They are cheaper than any asset-base fee advisor, human or robo. The two I have some experience with and which I thi...
by mhadden1
Sun Dec 30, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security question
Replies: 23
Views: 2481

Re: Social Security question

... mine is 66 years, 4 months with a 1957 birth year Slightly off topic, but I noticed this because I also was born in 1957 - and when I look at the SSA Benefits Planner age table on the web, I see 66 years, 6 months for the 1957 birth year. I wonder what's up with that? You are right, my oops - m...
by mhadden1
Sun Dec 30, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Social Security question
Replies: 23
Views: 2481

Re: Social Security question

David Jay wrote:
Tue Aug 28, 2018 2:46 pm
... mine is 66 years, 4 months with a 1957 birth year
Slightly off topic, but I noticed this because I also was born in 1957 - and when I look at the SSA Benefits Planner age table on the web, I see 66 years, 6 months for the 1957 birth year. I wonder what's up with that?
by mhadden1
Tue Dec 25, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: As of 12/26, should I be in cash?
Replies: 17
Views: 3596

Re: As of 12/26, should I be in cash?

I should have a healthy chunk in bonds at my age, but I don't. I don't think the economy is headed in a good direction currently. IBD would have me in all cash right now, looking for good stuff to buy if things begin to turn around. I'm ready to cash out today(temporarily), but suspect that the mar...
by mhadden1
Mon Dec 24, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: I believe I underestimated my risk tolerance
Replies: 35
Views: 4715

Re: I believe I underestimated my risk tolerance

A 5% change is unlikely to make much difference for you. On the other hand, the habit of doing nothing to change a satisfactory AA is a good one, and may well make a difference for you. "Don't just do something, stand there."
by mhadden1
Mon Dec 24, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put another $5500 in the Market on January first for my ROTH IRA?
Replies: 29
Views: 3572

Re: Should I put another $5500 in the Market on January first for my ROTH IRA?

A good way to think about the likely importance of your Roth timing - when you retire in 35 years or so, you can look at a graph that shows your retirement account balances over time. With luck, it will show a strong trend upward as you look to the right. There will be a little squiggle, or a few, c...
by mhadden1
Sun Dec 23, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property as a means of wealth capture?
Replies: 20
Views: 2949

Re: Rental property as a means of wealth capture?

Make sure you have all the exits covered. Like, if she dies? (I certainly hope not.) Remarries and moves? (As a romantic, that seems ok.) Remarries and doesn't move, then divorces and moves, leaving your new step parent in place? I guess you can always rent the property on the open market but that's...
by mhadden1
Sun Dec 23, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 55
Views: 2918

Re: DCA – change of tune, loss of nerve, and how to time?

I'm surprised and disheartened to see stalwart Bogleheads losing their nerve after what has really been a very minor and extremely brief stock market blip. People are just funny that way and I certainly include myself. There are few things I enjoy less than losing money. I have invested some relati...
by mhadden1
Sat Dec 22, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: suggest 50/50 portfolio
Replies: 21
Views: 2455

Re: suggest 50/50 portfolio

Stock markets are down quite a bit lately, and many are posting on this forum with their hair on fire. At 35/65, I am guessing that your hair is blissfully cool and presentable. Seriously, it appears that if your purchasing power is eroding, it's only a very little bit. Do you really want to take on...
by mhadden1
Sat Dec 22, 2018 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Boeing-time to buy?
Replies: 26
Views: 2242

Re: Boeing-time to buy?

You mention a few things about Boeing that everybody knows. I would not suggest buying a single stock unless you know something about it that everybody else does not. Do you have special knowledge? (If you do, I am not asking you to reveal your ace in the hole. :happy )
by mhadden1
Sat Dec 22, 2018 4:44 am
Forum: Investing - Help with Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 182
Views: 17031

Re: Mr. Money Mustache, SWR, and equity allocation

Earlier in the week, I went by CVS to pick up prescriptions. I got the six-foot CVS receipt. That included a $1 coupon for deodorant, and a $5 general coupon. So I bought two deodorant sticks (on sale 2/$5) and two Hershey bars because there was a $.75 register coupon for one bar. So all that cost ...
by mhadden1
Thu Dec 20, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - can I afford either?
Replies: 30
Views: 2260

Re: Buying vs renting - can I afford either?

I guess I could stay at my current location, but with my mom's SS (survivor's) benefit being the only steady income to the household, and both my mom's and dad's savings dwindling, life here isn't going to be any fun. Have you been contributing to the household up to now? Will you be leaving your m...
by mhadden1
Thu Dec 20, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Current allocation is 100% stocks- any good reason to change?
Replies: 71
Views: 5801

Re: Current allocation is 100% stocks- any good reason to change?

At age 35 I was 100% stocks, but that was because I was too ignorant to know anything different. I still don't think that is a crazy position, for retirement savings, for a risk-tolerant person who is multiple decades away from retirement. I took a quick look at the Fidelity target date 2040 and it ...
by mhadden1
Thu Dec 20, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: Artemis Attack on the Bogleheads
Replies: 80
Views: 9162

Re: Artemis Attack on the Bogleheads

Have I supposed to have heard of either Chris Cole or Artemis? Chris Cole is probably one of the smartest guys you will ever meet. In the immortal words of Lucy Van Pelt: "He never got his picture on a bubble gum card. Have you ever seen his picture on a bubble gum card? Hmmm? How can you say someo...
by mhadden1
Thu Dec 20, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Time to move on?
Replies: 10
Views: 1462

Re: Time to move on?

My wife has a mutual fund traditional IRA that a investment professional sold us some time ago. Unfortunately it has had amazingly poor performance and currently holds an ER of 1.04%. PCGRX - Pioneer Mid Cap Value Fund Class A Oof, sounds like it had a load too, along with the high ER. Anyway, sell...
by mhadden1
Wed Dec 19, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: FAANG
Replies: 48
Views: 3704

Re: FAANG

livesoft wrote:
Wed Dec 19, 2018 3:03 pm
Unknown reasons? Some of them are practically unindicted co-conspirators in recent news. :)
That's a big bad thing about single stocks - one earnings report, one news cycle can be enough to ruin everything.
by mhadden1
Wed Dec 19, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Saving on Home Improvement Repairs
Replies: 29
Views: 1752

Re: Saving on Home Improvement Repairs

frugalmama wrote:
Wed Dec 19, 2018 3:09 pm
I recommend you find your local Habitat for Humanity affiliate, volunteer with them for a year or so and pick up some skills.
Terrific idea. OP needs skills, HFH needs the help. Everybody wins. :sharebeer
by mhadden1
Wed Dec 19, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Saving on Home Improvement Repairs
Replies: 29
Views: 1752

Re: Saving on Home Improvement Repairs

You wont find anyone to do this unless you know them personally. Right, contractors are mostly not in business to provide educational services. They will, rightly, tell you what they think should be done while they are estimating a project. IMO it's not unfair to take advantage of that, when decidi...
by mhadden1
Wed Dec 19, 2018 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Turbo or not to turbo that is the question
Replies: 2
Views: 599

Re: Turbo or not to turbo that is the question

I used TurboTax for a number of years, but it got too expensive for me. There are many free tax software packages, subject to income limits. I used one or another to file electronically for free the last couple of years. Otherwise I think I would use the federal Free Fillable Forms. My state provide...
by mhadden1
Tue Dec 18, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's Retirement Portfolio
Replies: 8
Views: 1308

Re: Mom's Retirement Portfolio

Remember that after age 70.5, RMDs will be required from any pre-tax retirement accounts, which will have a bearing on how the 4% withdrawal is organized.
by mhadden1
Mon Dec 17, 2018 8:16 pm
Forum: Investing - Theory, News & General
Topic: Stay the course but i still have questions! ("reduce exposure")"
Replies: 5
Views: 665

Re: Stay the course but i still have questions! ("reduce exposure")"

don't understand what everyone means generically by evaluating your own risk and "reducing your exposure" to the stock market. Normally this means reducing exposure to the stock market by increasing exposure to the bond market, or cash, or something else that is less volatile than stocks. It doesn'...