Search found 1228 matches

by RobG
Sat Mar 21, 2020 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Time pay for college with my 529 and ESA
Replies: 9
Views: 380

Re: Time pay for college with my 529 and ESA

I did my taxes using Turbo Tax and here is what I found. As mentioned earlier there are two components to the educational credits: a refundable AOTC credit up to $1000, and an additional non-refundable credit up to $1500. In short, the non-refundable credits reduce your taxes, but can't reduce them ...
by RobG
Sat Mar 21, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: 1095-A mistake (No SLCSP)
Replies: 29
Views: 10943

Re: 1095-A mistake (No SLCSP)

Since it is tax season I'll bump this back up. I planned on a good income year so I didn't take the premium tax credit (PTC). Therefore, column B on the 1095 was zeros. It turns out I made very little and was eligible for the PTC so I had to enter the SLCSP manually in turbo tax. If I hadn't I would...
by RobG
Tue Mar 17, 2020 2:30 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1940
Views: 153194

Re: [Small Cap Value heads Rejoice !!!]

Their NAV did not deviate. It is possible that a share somehow was traded at a huge premium just before the close, making it look like IJS over-performed yesterday (Larry Swedroe even tweeted about that erroneous outperformance) and underperformed today as it fell back to reality. For a holder of I...
by RobG
Tue Mar 17, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1940
Views: 153194

Re: [Small Cap Value heads Rejoice !!!]

Anyone want to opine why iShares small cap index IJS is down 10% while the rest of the indices (large cap, international,etc) have modest gains? Is there a liquidity problem?
by RobG
Sat Mar 07, 2020 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Time pay for college with my 529 and ESA
Replies: 9
Views: 380

Re: Time pay for college with my 529 and ESA

Thanks DIFAR31, I figured there must be two definitions of QEEs. The term "tax liability" is what I still don't understand. Forgive me I am dense and easily confused. Does a person who pays his taxes throughout the year so that he will get a refund at the end of the year have a tax liability? Or did...
by RobG
Sat Mar 07, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Time pay for college with my 529 and ESA
Replies: 9
Views: 380

Re: Time pay for college with my 529 and ESA

I understand that the funds must be for "qualified expenses" (https://www.irs.gov/credits-deductions/individuals/qualified-ed-expenses) which appears to be largely tuition and books and not room and board. Room and Board is a qualified expense for a 529. Thanks. The qualified expenses description e...
by RobG
Sat Mar 07, 2020 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Time pay for college with my 529 and ESA
Replies: 9
Views: 380

Time pay for college with my 529 and ESA

My daughter started attending Dartmouth last fall so I'm getting rather large bills. I have a 529 and and ESA for her education, which has about two years of tuition. I also have one for my son with about 2/3 of a year of tuition. I'm not sure if my son will go to college so I'll probably use his 52...
by RobG
Wed Jul 10, 2019 12:17 am
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

Venkman - that was a great and informative reply. Thanks.
by RobG
Fri Jul 05, 2019 10:48 am
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

OK, I looked at historical yields for money market and total bond using Vanguard's site. If you used Swedroe's strategy you would have switched from money market to total bond in April of 2008. However, according to Nisiprius's graph it didn't matter which fund you were in prior to April 2008 so the...
by RobG
Fri Jul 05, 2019 10:03 am
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

Nisiprius - your graphs are great but they don't show the results of the Swedroe strategy. (Your analysis on risk is a good observation... I guess that makes this more of an academic exercise when the yield curve is inverted.) Thesaints - 30 treasuries didn't go to zero. They never got below 2.5%, a...
by RobG
Fri Jul 05, 2019 9:17 am
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

Thanks for all the responses. I’m just giving a little kickback to keep you on your toes. Keep discussing.
by RobG
Fri Jul 05, 2019 12:18 am
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

Hmmm, what Nisiprius's graph suggests is that Swedroe's rule would have pushed you longer in about 2008 so under your scenario it would have been the better strategy. It's really hard to tell because we'd need to add a graph using Swedroe's strategy. Swedroe's rule is that one only gets longer matu...
by RobG
Thu Jul 04, 2019 6:35 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

That's a good illustration. However, if I remember right (questionable) Swedroe's rule pushed you significantly longer during/after the crash. Actually, all the opposite: After the crash longer term rates plunged and short term rates didn't. Hmmm, what Nisiprius's graph suggests is that Swedroe's r...
by RobG
Thu Jul 04, 2019 5:55 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

In 2006, I remember quite clearly being amazed by the high yields of money market funds. In 2006, there would have been no obvious reason to invest in Total Bond (orange) instead of Prime Money Market (blue). But, as you see, that situation didn't last. Source https://imgur.com/o2y4cMg.png That's a...
by RobG
Thu Jul 04, 2019 5:38 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Re: Prime Money Market or Total Bond Market

Larry Swedroe did a remarkable job in suggesting how to reasonably buy fixed income investments of varying maturities. I think that he attributes at least some of his suggestions to DFA. He suggested demanding 20 bps per year in order to justify going further out on the yield curve. For example, if...
by RobG
Thu Jul 04, 2019 4:24 pm
Forum: Personal Investments
Topic: Prime Money Market or Total Bond Market
Replies: 63
Views: 8010

Prime Money Market or Total Bond Market

The yields of vanguard's prime money market and total bond index are very close (2.30% and 2.55% respectively), yet the total bond market fund has a duration of 6 years. Since your bonds are supposed to minimize risk, am I right in thinking I ought to move my total bond fund to prime money market? rg
by RobG
Tue Jan 22, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Self employed, ACA cliff questions
Replies: 5
Views: 524

Re: Self employed, ACA cliff questions

I played around with Turbo Tax using my previous returns to try to answer my questions. For me there was so much stuff going on that I had to delete everything except my business to be able to make some general observations. I made two tables, one using a 1095-A that you would get if you chose not t...
by RobG
Sat Jan 19, 2019 6:23 pm
Forum: Personal Investments
Topic: Should I increase my stock allocation to 90% stocks?
Replies: 63
Views: 5371

Re: Should I increase my stock allocation to 90% stocks?

You could also just allocate 100% of future purchases to stocks and then sell the bonds if the market crashes.
by RobG
Thu Jan 17, 2019 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Self employed, ACA cliff questions
Replies: 5
Views: 524

Re: Self employed, ACA cliff questions

You realize that you can deduct $18500 and 20% of net profits into a solo 401K, right? 24500 if you are older than 50. I just went through this and had to be very creative to get under the 400% FPL. I can't address the other questions. Yeah, I did those deductions and a lot more, but I can't get un...
by RobG
Thu Jan 17, 2019 10:57 pm
Forum: Personal Investments
Topic: Should I increase my stock allocation to 90% stocks?
Replies: 63
Views: 5371

Re: Should I increase my stock allocation to 90% stocks?

You are saving so much money compared to your portfolio value it won't make much difference what your allocation is right now. Your contributions alone will grow your portfolio by 50% this year. I don't suggest timing the market, but after living through two big recessions I wished I had kept more m...
by RobG
Thu Jan 17, 2019 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Self employed, ACA cliff questions
Replies: 5
Views: 524

Self employed, ACA cliff questions

I have an S-Corp where I am the sole employee. Last year I was expecting to be under the "ACA Subsidy Cliff" so I took the ACA subsidy, which paid all but $3000 of my $13,000 insurance plan. It turns out I made way more money than expected (even after IRA deductions, etc) so I have to pay back the $...
by RobG
Thu Jan 17, 2019 7:52 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle's Obituary From The Family
Replies: 48
Views: 17089

Re: Jack Bogle's Obituary From The Family

We are doing well if we can improve the lives of one or two people. He did really well.
by RobG
Tue Jan 09, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Convert to LLC for rental properties?
Replies: 10
Views: 1949

Re: Convert to LLC for rental properties?

From what I have read you do not have to have your rental property in an LLC in order to benefit from the 20% pass through (or pass-thru) deduction. This would be ideal. Does anyone else have information to verify? If we do have to convert to an LLC, Jalbert found the nail in the coffin for me pers...
by RobG
Thu Jan 04, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Convert to LLC for rental properties?
Replies: 10
Views: 1949

Convert to LLC for rental properties?

Hi, My wife and I own two duplexes. One for for 10 and another for 15 years. This year they will net about $6,000/year rental income after depreciation, etc (line 26 on Schedule E). Next year it will be about $15,000/year since I paid off a loan. We don't provide "substantial services" nor am I a "r...
by RobG
Mon Oct 09, 2017 12:31 pm
Forum: Personal Investments
Topic: Selling gold jewelry
Replies: 17
Views: 2462

Re: Selling gold jewelry

I emailed Midwest Refineries and they are very competitive. Here is a formula to estimate what to expect for karat gold: 31.1 grams = troy ounces, X .97 (3% average after melt weight loss), X .39 for 10K, .55 for 14K and .70 for 18K (no karat gold ever assays out to be plumb as it should be)*0.95 Fo...
by RobG
Sun Oct 08, 2017 7:48 pm
Forum: Personal Investments
Topic: Selling gold jewelry
Replies: 17
Views: 2462

Re: Selling gold jewelry

Assuming it has no value as jewelry, look at http://www.midwestrefineries.com/. I sent a small box of scrap silver & gold to these people and got a check in days - they discuss pricing on their website and I HIGHLY recommend them! Did I read the site correctly that they give 95% of melt value?
by RobG
Sun Oct 08, 2017 2:59 pm
Forum: Personal Investments
Topic: Selling gold jewelry
Replies: 17
Views: 2462

Re: Selling gold jewelry

Is the jewelry nice enough to sell as estate jewelry through agood jewelry store. Possibly, although I may want to hold onto it. It is out of style at the moment, but maybe it will still sell. Mostly my question is theoretical: Is 60% of market value really what you can sell gold for? What is it fo...
by RobG
Sun Oct 08, 2017 2:48 pm
Forum: Personal Investments
Topic: Selling gold jewelry
Replies: 17
Views: 2462

Re: Selling gold jewelry

Yes, the price factors into account that 14K, 18K, etc is not 100% gold.
by RobG
Sun Oct 08, 2017 2:37 pm
Forum: Personal Investments
Topic: Selling gold jewelry
Replies: 17
Views: 2462

Selling gold jewelry

I inherited about 40g 14K and 18K gold jewelry (necklaces and bracelets). I took it to a jewelry store and got a quote on scrap value. I was surprised that the scrap value was about 60% of market value (see, for example, http://www.goldcalc.com/scrap_gold_value.php). That's quite a hit - like a 40% ...
by RobG
Sun Jun 25, 2017 2:42 pm
Forum: Personal Investments
Topic: Taking advantage of a low income year
Replies: 2
Views: 721

Taking advantage of a low income year

I'm 50, married, two kids with a feast or famine self employed company. This year is famine and I might report $10,000 AGI if things don't change. I'm wondering what I can do to take advantage of my temporary low tax bracket. My wife and I have decent savings in non-qualified accounts, 401(k)s, Roth...
by RobG
Sun Jun 25, 2017 1:55 pm
Forum: Personal Investments
Topic: Impact of rental properties on AA
Replies: 4
Views: 884

Re: Impact of rental properties on AA

I own a few rentals. It's about impossible to fit them in an allocation because their values can swing wildly, yet cannot be rebalanced. Perhaps set a goal, like 25% of your retirement income will come from them. Rentals are far riskier than stocks because the rent can shut off at the same time you ...
by RobG
Tue Oct 06, 2015 5:32 pm
Forum: Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 21427

Re: To pay for college education ? Or not ...

I might have missed it, but I don't see anyone mentioning I bonds. You don't have to pay taxes on the interest from I bonds if you use the money for college. Of course they aren't returning much these days so maybe they are out of favor.
by RobG
Tue Oct 06, 2015 5:06 pm
Forum: Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 21427

Re: To pay for college education ? Or not ...

529s are overrated. Do not put more than half the anticipated expenses in a 529. Put the other half in a UTMA. Then, brainwash your kids that the money is for college. You have time. If you think you will apply for financial aid, DO NOT put money in a UTMA or other account owned by the kids. The fi...
by RobG
Mon Oct 05, 2015 9:58 am
Forum: Forum Issues and Administration
Topic: How did you find the bogleheads website??
Replies: 98
Views: 10231

Re: How did you find the bogleheads website??

jeff1949 wrote:I was an early member of the Vanguard Diehards at Morningstar and learned of this site from posts to that site.
Me too, I'm even part Beaver.
by RobG
Mon Oct 05, 2015 9:33 am
Forum: Personal Consumer Issues
Topic: Another Yellowstone Question
Replies: 15
Views: 2282

Re: Another Yellowstone Question

For cars it is a bit of a debate between SUV and front wheel drive with the AWD. The SUV will get you out of the ditch, but the FWD will help you stay out of the ditch, or at least keep you from rolling if you go in. A Subaru or other AWD is probably the best option if you can get one. The roads wil...
by RobG
Mon Oct 05, 2015 9:28 am
Forum: Personal Consumer Issues
Topic: Another Yellowstone Question
Replies: 15
Views: 2282

Re: Another Yellowstone Question

I live in Bozeman - the airport won't give you any issues. I think that is where most people fly into. You can either drive to West Yellowstone or Gardiner pretty easy most of the time from Bozeman. I say most of the time because there is always a chance of nasty weather but it is clear more often t...
by RobG
Mon Jun 01, 2015 12:33 pm
Forum: Personal Consumer Issues
Topic: Need a new all in one printer
Replies: 55
Views: 6680

Re: Need a new all in one printer

I was the original poster over a year ago so I might as well update. I jumped good deal on an HP Officejet Pro 8600. It is very fast printing two sided and on draft mode it doesn't use much ink. The text quality is very good even using draft mode, and you can set the default to draft which is nice. ...
by RobG
Thu May 28, 2015 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: 1095-A mistake (No SLCSP)
Replies: 29
Views: 10943

Re: 1095-A mistake (No SLCSP)

Well, my refund showed up in my bank account today.
by RobG
Sat May 23, 2015 11:53 am
Forum: Personal Finance (Not Investing)
Topic: 1095-A mistake (No SLCSP)
Replies: 29
Views: 10943

Re: 1095-A mistake (No SLCSP)

They haven't deposited mine yet, but your experience is encouraging.
by RobG
Fri May 15, 2015 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: 1095-A mistake (No SLCSP)
Replies: 29
Views: 10943

Re: 1095-A mistake (No SLCSP)

Yeah, with the 1095-A I also sent in a copy of the SLCSP analysis from the healthcare.gov website. I don't expect this to go smoothly.
by RobG
Fri May 15, 2015 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: 1095-A mistake (No SLCSP)
Replies: 29
Views: 10943

Re: 1095-A mistake (No SLCSP)

Thanks for letting us know what is happening. I'd be interested in knowing how this turns out.
by RobG
Mon May 11, 2015 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: 1095-A mistake (No SLCSP)
Replies: 29
Views: 10943

Re: 1095-A mistake (No SLCSP)

Yea, me too, sort of. They requested my 1095 before they would process my tax form. We'll see where that goes. Perhaps they won't give me the tax credit. Oh well, I had to pay full price in the old days when I made even less.
by RobG
Tue Apr 21, 2015 10:54 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

I should add that MY entire internet connection becomes very slow when this happens; that is, I can't cruise the web very effectively. This is just for the machine using the VPN - other computers at home don't have issues, and shutting them down doesn't seem to improve the situation. But also it is...
by RobG
Tue Apr 14, 2015 11:46 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

I should add that MY entire internet connection becomes very slow when this happens; that is, I can't cruise the web very effectively. This is just for the machine using the VPN - other computers at home don't have issues, and shutting them down doesn't seem to improve the situation. But also it is...
by RobG
Tue Apr 14, 2015 10:59 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

I had a similar issue couple of months ago. Do you have a modem/router in one device from your ISP? If so, it's likely the router that is the problem. I bought a new router and disabled the one from the ISP and my vpn speeds are great now. Hope that helps. I use Charter by the way. That would make ...
by RobG
Tue Apr 14, 2015 10:27 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

I should add that MY entire internet connection becomes very slow when this happens; that is, I can't cruise the web very effectively. This is just for the machine using the VPN - other computers at home don't have issues, and shutting them down doesn't seem to improve the situation. But also it isn...
by RobG
Tue Apr 14, 2015 10:18 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

I am not sure how you are using your VPN, but often they are used only for traffic specific to work or business. In that case, all other, non-business, traffic should bipass the VPN connection and just use the unsecured Internet. For instance, Netflix should not be going through the VPN connection....
by RobG
Tue Apr 14, 2015 8:38 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

When you setup the VPN provider using the Windows control panel, you entered an IP address or a hostname to which to connect. You most likely also entered a username and password. Who gave you those details? That person/company is who you need to talk to. Ah, language I can understand. I did this; ...
by RobG
Tue Apr 14, 2015 8:33 am
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

Grt2bOutdoors wrote:That seems odd, when I connect to my VPN it seems to accelerate the connection speed. Have you reached out to your technical support desk that covers VPN issues for your business?
Ha Ha, I'm self employed and work at home so sit at my tech support desk ;).
by RobG
Mon Apr 13, 2015 11:40 pm
Forum: Personal Consumer Issues
Topic: VPN killing my Internet
Replies: 31
Views: 5928

Re: VPN killing my Internet

RobG - It sounds like your VPN provider is oversubscribed and isn't capable of delivering VPN traffic as fast as your ISP circuit. It's not that uncommon. Have you tried connecting to a different VPN server offered by that VPN provider (different city, etc.)? I might not sure who my VPN provider wo...