Search found 655 matches

by Compound
Mon Apr 08, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Basis for Vanguard
Replies: 12
Views: 1256

Re: Cost Basis for Vanguard

This thread may help:

viewtopic.php?t=173256

livesoft and House Blend wrote some compelling reasons for using specific ID. I was convinced and am glad they talked me into it.
by Compound
Fri Mar 15, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard supervisor and brother-in-law stole over $2M from dead customers and dormant accounts
Replies: 19
Views: 4444

Re: Vanguard supervisor and brother-in-law stole over $2M from dead customers and dormant accounts

A former Vanguard Group supervisor stole more than $2 million by taking money from dead or inactive customers’ accounts before state treasurers could take custody of the unclaimed money , prosecutors say. But it is ok if the state treasurers take it. :confused The article goes on to say: When inves...
by Compound
Tue Mar 12, 2019 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Pay Down Strategy
Replies: 35
Views: 2997

Re: Debt Pay Down Strategy

Many thanks All! Addressing a few questions / comments: Agreed on the low 529 balances given 3 kids headed to college soon. We intend to fully pay for their undergrad college expenses. Given our income and assets however, we aren't expecting much in the way of aid. No academic or athletic scholarsh...
by Compound
Tue Mar 12, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Debt Pay Down Strategy
Replies: 35
Views: 2997

Re: Debt Pay Down Strategy

Many thanks All! Addressing a few questions / comments: Agreed on the low 529 balances given 3 kids headed to college soon. We intend to fully pay for their undergrad college expenses. Given our income and assets however, we aren't expecting much in the way of aid. No academic or athletic scholarsh...
by Compound
Sat Mar 09, 2019 2:20 pm
Forum: Personal Investments
Topic: 32 y/o Portfolio Review: Student Loan vs Taxable Debate
Replies: 10
Views: 620

Re: 32 y/o Portfolio Review: Student Loan vs Taxable Debate

I’m joining the chorus — pay off those loans
by Compound
Wed Mar 06, 2019 9:19 pm
Forum: Personal Investments
Topic: New to investing - Need investment advice
Replies: 4
Views: 338

Re: New to investing - Need investment advice

Welcome to the forum. Why so many funds? Seems like you should really consider limiting complexity and streamlining your portfolio. When deciding which funds to keep, think about cost: https://www.bogleheads.org/wiki/Expense_ratios Also, consider which accounts (401k, IRA, taxable) you want the fund...
by Compound
Tue Mar 05, 2019 9:34 pm
Forum: Personal Investments
Topic: Next steps for investing?
Replies: 9
Views: 979

Re: Next steps for investing?

Taxable account and 529s
by Compound
Fri Feb 15, 2019 12:20 pm
Forum: Personal Investments
Topic: Portfolio review
Replies: 7
Views: 439

Re: Portfolio review

Safe to assume that TRP stands for T. Rowe Price? Are those funds from one of your 403b accounts? Any cheaper options available?
by Compound
Thu Feb 14, 2019 1:03 pm
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 139
Views: 15824

Re: Theory: NOW is the Best Time for Total World Stock

Put me squarely in the “nobody knows nothin’” camp on this one. Using relative valuations as a metric on what an investor should do is at best very, very tricky in my opinion. Let’s take the opposite case than is proposed in your situation. Let’s say someone’s portfolio is heavily overweight in inte...
by Compound
Fri Feb 08, 2019 6:50 pm
Forum: Personal Consumer Issues
Topic: Describe doing new car purchase paperwork when you collect the car
Replies: 30
Views: 1537

Re: Describe doing new car purchase paperwork when you collect the car

This is exactly why you negotiate on the out the door price. That price is inclusive of all taxes and fees. The price you were quoted should exactly match the paperwork you are presented. Things I’ve had dealers attempt to sell to me at closing: clear coat protection tire warranty window etching at...
by Compound
Fri Feb 08, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Describe doing new car purchase paperwork when you collect the car
Replies: 30
Views: 1537

Re: Describe doing new car purchase paperwork when you collect the car

This is exactly why you negotiate on the out the door price. That price is inclusive of all taxes and fees. The price you were quoted should exactly match the paperwork you are presented. Things I’ve had dealers attempt to sell to me at closing: clear coat protection tire warranty window etching at...
by Compound
Fri Feb 08, 2019 6:48 am
Forum: Personal Consumer Issues
Topic: Describe doing new car purchase paperwork when you collect the car
Replies: 30
Views: 1537

Re: Describe doing new car purchase paperwork when you collect the car

This is exactly why you negotiate on the out the door price. That price is inclusive of all taxes and fees. The price you were quoted should exactly match the paperwork you are presented. Things I’ve had dealers attempt to sell to me at closing: clear coat protection tire warranty window etching att...
by Compound
Tue Feb 05, 2019 6:05 am
Forum: Non-US Investing
Topic: Switching from Actively Managed Funds to Passively Managed Funds [Italy]
Replies: 9
Views: 619

Re: Switching from Actively Managed Funds to Passively Managed Funds

While I know nothing about the Italian stock market, I do know that it is unwise to wait for a specific fund to “recover” before switching to low cost funds. There is absolutely no guarantee that your presently owned high cost funds will return to the price that you desire, and there is also no guar...
by Compound
Wed Jan 30, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: Best weather sites
Replies: 28
Views: 2135

Re: Best weather sites

Been very happy using darksky.net. The interface is pretty clean and you can really dig into the weeds if you want to.
by Compound
Mon Jan 28, 2019 9:43 pm
Forum: Personal Investments
Topic: Newbie w/ Q on Taxable Accts.
Replies: 7
Views: 665

Re: Newbie w/ Q on Taxable Accts.

How long have you owned the fund? What’s your cost basis? Net gain or loss? Have owned the fund for quite a few years. The tax hit on the dividends didn't matter much because we were so broke. But the kids are in college now and with the tax changes and higher income I'm paying more attention to ta...
by Compound
Mon Jan 28, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth for 2018 and 2019 now? And other questions
Replies: 8
Views: 658

Re: Backdoor Roth for 2018 and 2019 now? And other questions

I’m a bit confused by your second question. You don’t have a rollover IRA, do you? That will cause a problem with the Backdoor Roth — the pro rata rule. In essence, you don’t only convert the after tax dollars as you’d like, you convert a proportional amount of all traditional IRA assets (both pre ...
by Compound
Mon Jan 28, 2019 6:56 am
Forum: Personal Investments
Topic: High Earners Mostly Use Taxable Accounts?
Replies: 167
Views: 13641

Re: High Earners Mostly Use Taxable Accounts?

Taxable accounts can be just as tax efficient as Roth IRAs for many [non] taxpayers. Show the math on how taxable is remotely as efficient for any high earner. It isnt. Even for low earners they tend not to be as efficient as you lose out on things like the savers credit. Heck compare the financial...
by Compound
Fri Jan 25, 2019 10:14 pm
Forum: Personal Investments
Topic: Newbie w/ Q on Taxable Accts.
Replies: 7
Views: 665

Re: Newbie w/ Q on Taxable Accts.

How long have you owned the fund? What’s your cost basis? Net gain or loss?
by Compound
Fri Jan 25, 2019 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth for 2018 and 2019 now? And other questions
Replies: 8
Views: 658

Re: Backdoor Roth for 2018 and 2019 now? And other questions

Wife and I (mid-late 30s) are phased out of Roth eligibility due to income. Neither of us has an IRA. Both have 401k, 403b, and/or profit sharing accounts only. Want to start doing a Backdoor Roth annually. This will be our first year doing this. I have done a fair amount of reading, but have some ...
by Compound
Fri Jan 25, 2019 9:55 pm
Forum: Personal Investments
Topic: 401k Help! For a 25 y/o
Replies: 5
Views: 539

Re: 401k Help! For a 25 y/o

Welcome to the forum.

Your chosen asset allocation seems reasonable. I don’t see a compelling reason to add the fourth fund.

I’d suggest going with the three fund in your Fidelity account as well. Why bother with the target date fund, when you can arrange something similar for cheaper?
by Compound
Fri Jan 25, 2019 9:51 pm
Forum: US Chapters
Topic: Happy Birthday, Taylor!
Replies: 76
Views: 3808

Re: Happy Birthday, Taylor!

Happy Birthday! Thank you for your many contributions to this community!
by Compound
Tue Jan 22, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: Fake Passive Investors
Replies: 51
Views: 2943

Re: Fake Passive Investors

One is in agreement with the establishment at Vanguard in regards of what is consider passive and active (even though they seem to be ambiguous about international), from their Vanguard's Investment Commentary series : Chris Tidmore: At Vanguard, we define passive as broad market-cap-weighted inves...
by Compound
Mon Jan 21, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans
Replies: 16
Views: 1196

Re: Student Loans

F150HD wrote:
Mon Jan 21, 2019 10:25 am
.... My CPA has been trying to shift things around to make it look like I'm making less than I am for my company to keep my payments low ...
?
:confused

Also, is your own business a 501(c)3? If not, I suspect you’re going to be out of luck on the PSLF.
by Compound
Mon Jan 21, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: Have you searched for your unclaimed property?
Replies: 52
Views: 4179

Re: Have you searched for your unclaimed property?

Years ago I had an admin assistant that searched my name (along with several other employees) after she saw a report on the news about this type of thing. She notified me that my name popped up as having unclaimed cash. I followed up with the state and was pleasantly surprised to receive several hun...
by Compound
Mon Jan 21, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: xkcd Webcomic Weighs in on Technical Analysis
Replies: 15
Views: 1485

Re: xkcd Webcomic Weighs in on Technical Analysis

:D :D :D

That is hilarious. Thanks for sharing!
by Compound
Mon Jan 21, 2019 10:17 am
Forum: Personal Investments
Topic: Afoot or on horseback?
Replies: 24
Views: 1858

Re: Afoot or on horseback?

Your first order of business should be to find out what you’re paying in annual fees for advisory services. My guess is that you will be unpleasantly surprised. Add on top of that the expense ratios and loads of the funds chosen for you and I’d expect you’ll be very very unpleasantly surprised. I’d ...
by Compound
Wed Jan 16, 2019 5:30 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50842

Re: John Bogle is dead at 89

Saddened to hear this. Thank you Jack Bogle for everything you did for the ordinary investor.
by Compound
Wed Jan 16, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Best kids savings account
Replies: 22
Views: 1947

Re: Best kids savings account

Seems like very few online banks offer children’s saving accounts nowadays. Our local banks interest rate for children’s savings accounts was abysmal. We ultimately went with capital one 360. The interest rate is relatively poor (1%) compared to other online savings accounts, however there is someth...
by Compound
Tue Jan 15, 2019 5:54 am
Forum: Personal Finance (Not Investing)
Topic: Best way to help my wife buy a new car (gift tax implications?)
Replies: 15
Views: 1987

Re: Best way to help my wife buy a new car (gift tax implications?)

OP here. Found this: https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/us-tax-us-estate-and-gift-tax-rules-for-resident-and-nonresident-aliens.pdf in which the maximum amount I could gift her without tax appears to be $148K (at least in 2016): "US citizens and domiciliaries are subjec...
by Compound
Mon Jan 14, 2019 10:13 pm
Forum: Personal Investments
Topic: Need tips!
Replies: 17
Views: 1824

Re: Need tips!

Expensive ratio I like the typo, intentional or not! Should I just transfer all the funds into FDKLX Seems reasonable for the Roth. Although, if you decide on an overall asset allocation for all your retirement funds, you could use the S&P500 fund in your Roth for a good portion of your stock alloc...
by Compound
Mon Jan 14, 2019 9:54 pm
Forum: Personal Investments
Topic: I'm the noobiest noob
Replies: 16
Views: 1716

Re: I'm the noobiest noob

Welcome to the forum! Not a great start. I respectfully disagree. You’ve contributed to a tax protected account for the first time — way to go! As far as the question of putting money into the 2018 or 2019 Roth, that’s very straightforward: use the 2018 space until it’s full, then start on 2019. The...
by Compound
Mon Jan 14, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to help my wife buy a new car (gift tax implications?)
Replies: 15
Views: 1987

Re: Best way to help my wife buy a new car (gift tax implications?)

One quick point, there are some exceptions to spousal gifts being exempt from the gift tax. See page 2 of the IRS instructions for form 709: https://www.irs.gov/pub/irs-pdf/i709.pdf For example, if your spouse is not a citizen, the gift may be subject to tax. Note however, that the amount in questio...
by Compound
Mon Jan 07, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: $40,000 in debt, bankruptcy seems to be the best option right now
Replies: 274
Views: 23606

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

OPEN home equity line credit, use it pay off all credit card debt Get off car lease Get rid of ADT, life insurance, etc Get a high pay job. OP has been in the house 3 months and has no home equity, so this is not an option. Depend how much OP down and bank value of the house. CC interest is like 14...
by Compound
Mon Jan 07, 2019 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: investing until it's uncomfortable..or cruise control
Replies: 8
Views: 918

Re: investing until it's uncomfortable..or cruise control

I've heard that you should do this (invest/save until it's uncomfortable) but I'm just curious given my current situation if I should continue to try to push the envelope or just hit the cruise control button on retirement savings and spend more/just not worry about it as much? 38yo married 2 kids ...
by Compound
Fri Jan 04, 2019 6:53 pm
Forum: Personal Investments
Topic: Should I open a 403(b)?
Replies: 27
Views: 1274

Re: Should I open a 403(b)?

You have $6k/mo to put toward investments — wow, that’s excellent!

Seems that the 403b and 457b will both be in order, as long as the plans are reasonable. You would then contribute $19k each for the year — the rest of your investment money could then go to taxable accounts.
by Compound
Fri Jan 04, 2019 6:05 pm
Forum: Personal Investments
Topic: Should I open a 403(b)?
Replies: 27
Views: 1274

Re: Should I open a 403(b)?

Do you know what funds are available in your 403b?

Consider posting your choices along the lines of the directions shown here:
viewtopic.php?t=6212
by Compound
Tue Jan 01, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 160
Views: 8477

Re: Is everyone maxing out their Roth IRA today? AA question too.

i was debating whether to wait a couple days hoping for another massive drop or just chuck it in and be done with it..but i got a hunch a ton of people are going to take advantage of the market drop already and throw their IRA money in Jan 2 and drive the market up slightly for the next couple days...
by Compound
Sun Dec 02, 2018 1:24 pm
Forum: Personal Investments
Topic: Should I move to a more conservative AA? 80/20 to 60/40?
Replies: 67
Views: 4739

Re: Should I move to a more conservative AA? 80/20 to 60/40?

DW & I both recently started new jobs, bumping up our household income to an all-time high of $450k. I estimate we will be able to save 1/3 of this in tax-deferred and taxable accounts. We are 32 and 33 with a four month old infant, living in SF Bay Area. We have $600k in tax-deferred accounts plus...
by Compound
Thu Nov 08, 2018 11:12 am
Forum: Personal Investments
Topic: Help - Expect to inherit relatively large sum
Replies: 12
Views: 2328

Re: Help - Expect to inherit relatively large sum

Welcome to the forum and sorry for your loss. Completely agree with MotoTrojan: Sell it all upon inheritance to take advantage of the step up in basis, and then invest how you see fit. I would definitely do away with the student loans, and would even consider paying off the mortgage. The leftovers w...
by Compound
Sun Nov 04, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 19005

Re: Vanguard website "unavailable during weekend of Nov 3"

LadyGeek wrote:
Sun Nov 04, 2018 12:16 pm
Does your BIL have one account (one person with one account)? I have two (one person, two accounts). Perhaps it can't handle two accounts.
That’s strange LG. I can see all four of my mom’s accounts, just like before the update. I hope Vanguard gets the error you’re experiencing figured out!
by Compound
Sun Nov 04, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 19005

Re: Vanguard website "unavailable during weekend of Nov 3"

Also back up and running for me. Didn’t notice any hiccups.
by Compound
Sun Nov 04, 2018 6:31 am
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 19005

Re: Vanguard website "unavailable during weekend of Nov 3"

bayview wrote:
Sun Nov 04, 2018 12:52 am
Perhaps this would be more oh-well if I did not otherwise get a seemingly endless string of emails from VG re their webinars and white papers and whatnots. They seem to be able to spam me endlessly for those, so why not a general email?
Agreed!
by Compound
Wed Oct 31, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 13147

Re: Am I doing well financially?

I'm going to break this down a little bit. Gross Income: $232,000 401k (@6%): $13,920 Insurance: $12,000 Itemized Deduction: $24,000 AGI: $206,080 Net Taxable Income: $182,080 FICA Taxable Income: $220,000 Federal tax: $32,278 State Tax (estimated at 8%): $14,566 Est FICA: $16,830 Total Tax: $63,67...
by Compound
Tue Oct 30, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 13147

Re: Am I doing well financially?

I feel like I am doing better than most, but not as well as I should be at my age. What can I do differently/improve upon? Seems like my only option is to find a way to increase my income. I also live in the midwest, similar ages, with 2 kids, an income about 20% less than yours, and a housing paym...
by Compound
Sun Oct 28, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 13147

Re: Am I doing well financially?

Regarding food budget: Try some simple changes at first. For example, bring lunch everyday instead of buying out. PB&J and a fruit each day will save you a ton of money over restaurant food. Another example, eat oatmeal for breakfast everyday. There’s a great thread on oatmeal ideas here on Boglehea...
by Compound
Sat Sep 22, 2018 6:35 am
Forum: Personal Investments
Topic: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.
Replies: 9
Views: 1092

Re: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.

Below is my current portfolio makeup, with a balance of $200k. I am currently 35 and would like to retire around 60-65. I will max out my 401k plan between now and retirement on all years, along with maxing out a Roth or traditional IRA on some years. I don't expect to have any other retirement ass...
by Compound
Fri Sep 21, 2018 5:06 am
Forum: Personal Investments
Topic: Need Help Beginning Ignorant and Naive Investor
Replies: 3
Views: 431

Re: Need Help Beginning Ignorant and Naive Investor

Stay the course. Be patient. Pick your overall desired asset allocation and stick with it. Don’t let short term changes in performance cloud your view of the big picture. And, it sounds like it is time for you to write an investment policy statement: https://www.bogleheads.org/wiki/Investment_policy...
by Compound
Fri Sep 21, 2018 4:41 am
Forum: Personal Investments
Topic: Let's rebalance my young 401k
Replies: 5
Views: 740

Re: Let's rebalance my young 401k

Let’s say you choose an asset allocation with (roughly) age-10 in bonds as your guide. You’d be at 80% stocks and 20% bonds. On the stock side I’d use VIIIX, VEMPX, and VTSNX to comprise the 80% On the bond side I’d use DEBTM to comprise the 20% The chosen funds are all index funds with low fees. Fu...