Search found 582 matches

by Compound
Sat Jul 14, 2018 10:27 pm
Forum: Investing - Theory, News & General
Topic: [Backdoor Roth IRA - Forbes: IRS Unlocks The 'Door' For High-Income Savers]
Replies: 7
Views: 1359

Re: [Backdoor Roth IRA - Forbes: IRS Unlocks The 'Door' For High-Income Savers]

Readers of this thread may want to consider a prior discussion of the implications of the TCJA on the Backdoor Roth:

viewtopic.php?f=10&t=238910&p=3736183&h ... r#p3736183

How authoritative is the IRS person who is referenced in the current thread?
by Compound
Sat Jul 14, 2018 10:16 pm
Forum: Personal Consumer Issues
Topic: Be Careful Using Mailboxes
Replies: 48
Views: 5169

Re: Be Careful Using Mailboxes

It's recommended to use a gel pen when writing checks. Hadn’t heard this before. Does the gel ink not wash out? I've read this several places, for instance here: http://www.ckfraud.org/washing.html From the last paragraph: WHAT TYPE OF PEN TO USE WHEN WRITING A CHECK: If you are a ballpoint pen lov...
by Compound
Sat Jul 14, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra $2500 a month?????
Replies: 36
Views: 3054

Re: What to do with extra $2500 a month?????

I am still confused on what to do :) Based on the additional comments from you, divert the $2.5k monthly to the boat loan and then you have another year or eighteen months to figure out what to do with $2. 75 k after that. That's a guaranteed 3.99% return, much better than any other comparably safe...
by Compound
Sat Jul 14, 2018 7:11 am
Forum: Personal Consumer Issues
Topic: Be Careful Using Mailboxes
Replies: 48
Views: 5169

Re: Be Careful Using Mailboxes

AAA wrote:
Fri Jul 13, 2018 5:56 pm
It's recommended to use a gel pen when writing checks.
Hadn’t heard this before. Does the gel ink not wash out?
by Compound
Fri Jul 13, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

I just want an autographed copy of Taylor's book. :sharebeer Taylored Investing Victoria 2015 Bogleheads contest winner and now clearly jonesing to be the Podcast naming contest winner. (Just having a little fun. I truly admire the whit you bring to these forums. In fact, when I first started readi...
by Compound
Fri Jul 13, 2018 9:17 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

Another vote for Bogleheads or Bogleheads Podcast , or something to that effect. Longer, more descriptive titles are unnecessary and can be limiting. 1. One of the most popular ways people download podcasts is through Stitcher. Here is a list of the 100 most popular podcasts on that platform: https...
by Compound
Fri Jul 13, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

The more I think about this issue, the more I wonder why we aren’t sticking to a key principle that is commonly touted here on the forums: simplicity. As such, I think the podcast should reflect that shared core value. I’d suggest revisiting the idea of naming the podcast as: Bogleheads When I look ...
by Compound
Thu Jul 12, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

Compound wrote:
Thu Jul 12, 2018 6:32 pm
Finance made simple
by the Bogleheads
Hosted by Rick Ferri
Or perhaps open up the branding to allow for a series of podcasts in case it ever came to that. Such as,

Finance Made Simple: A Bogleheads Podcast
Guide to Retirement: A Bogleheads Podcast
Careful Consumption: A Bogleheads Podcast
by Compound
Thu Jul 12, 2018 6:32 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

Finance made simple
by the Bogleheads
Hosted by Rick Ferri
by Compound
Thu Jul 12, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

Diehard Bogleheads
Bogleheads live soft
by Compound
Thu Jul 12, 2018 5:16 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

Way over the word limit, but...

Bogleheads — you simply must know Jack
by Compound
Thu Jul 12, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 340
Views: 9636

Re: COMING SOON: BOGLEHEADS PODCASTS

This is so exciting! Can’t wait for the Podcast! Some suggestions for the title: The Bogleheads Way Bogleheads Investing (+\-Show) Path of the Bogleheads Many Roads to Dublin: Bogleheads (I know, the last two are over the three word requirement) Bogleheads Unite This Bogleheads Life Bogleheads Inves...
by Compound
Mon Jul 09, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 5648

Re: Any Dry Powder Strategies?

Nearing retirement and feeling FI I have bottomed out my equity allocation and expect it to have a rising guide path, at least in the early years of retirement. As a results, I have more or less ended up with dry powder. My intention going forward had been to add new contributions between here and ...
by Compound
Sun Jul 08, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: What methods are you using to deterimine price to offer on new cars
Replies: 15
Views: 1330

Re: What methods are you using to deterimine price to offer on new cars

E-mail dealers and ask them for an out-the-door price (including all taxes, fees etc.) on the exact vehicle you are looking at. You can take the best offer or have them start negotiating against each other as outlined here: https://www.bogleheads.org/forum/viewtopic.php?t=124638 One other note, whe...
by Compound
Fri Jun 22, 2018 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Mid career retirement planning, HCOL area
Replies: 9
Views: 1848

Re: Mid career retirement planning, HCOL area

Hi Compound, Regarding the contributions for my 529: I was planning 4y private colleges for both of my kids . The on-line calculators recommend this savings rate. I actually think I am behind for my 1st child as I have not "front-loaded" the 529 contributions enough to derive maximum benefit. JPM W...
by Compound
Thu Jun 21, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mid career retirement planning, HCOL area
Replies: 9
Views: 1848

Re: Mid career retirement planning, HCOL area

1. I don’t think your retirement savings are behind at all! You have over 3/4 of a million dollars and have only been working and accumulating for less than a decade. To boot, you paid off your loans during that time period and have accumulated substantial equity in your home. That’s amazing! I thin...
by Compound
Thu Jun 21, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: back door roth ira - is it worth it for me?
Replies: 7
Views: 679

Re: back door roth ira - is it worth it for me?

mhc wrote:
Thu Jun 21, 2018 5:14 pm
Welcome to the forum!

Can you move the IRA to a 401k? If so, that would open the backdoor.
This. If this option is not available, then forget the backdoor Roth.
by Compound
Thu Jun 21, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Help
Replies: 17
Views: 1347

Re: Student Loan Help

Have you looked into refinancing at least the higher interest loans? What kind of offers did you get?
by Compound
Thu Jun 21, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Funds allocations for taxable account and IRA.
Replies: 5
Views: 422

Re: Funds allocations for taxable account and IRA.

Hello. I am currently waiting to attend graduate school. When I graduate, my estimated yearly income should be around 175-250k. I am seeking advice to decide which funds I should get for my taxable account. My employer doesn’t provide 401k. However, I already maxed out my 2018 IRA. I’m looking to i...
by Compound
Thu Jun 21, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Poke holes in our plan! Newbie here, need advice.
Replies: 9
Views: 818

Re: Poke holes in our plan! Newbie here, need advice.

I’d suggest putting the additional monies into the 403b vehicle. I would assume you will retire into a lower tax bracket and would thus come out ahead. Since you don’t really have any short term or medium term need for the funds, I fail to see the logic of bypassing using a tax advantaged account. I...
by Compound
Thu Jun 21, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Are mutual funds safer than ETFs?
Replies: 15
Views: 1742

Re: Are mutual funds safer than ETFs?

I’m not ETF expert, but it seems to me that mutual funds are the simpler instrument, but not by a lot. Index mutual funds are bought and sold at one fixed price at the end of the day. If you trade ETFs there is more choice in that one can trade during the day, but what comes with that is more opport...
by Compound
Thu Jun 21, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Age 30 portfolio review
Replies: 4
Views: 941

Re: Age 30 portfolio review

How about focus on paying off those loans even faster? Redirect the money you are currently putting into taxable to loan repayment and take the guaranteed 4.5% interest rate. Then go back to taxable plus the backdoor Roth. (FWIW at a 4.5% loan rate I’d probably contribute to the Roth now and put eve...
by Compound
Tue Jun 19, 2018 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Yikes! EX-hubby died and left me and four children money
Replies: 5
Views: 2580

Re: Yikes! EX-hubby died and left me and four children money

WE all set up Vanguard Accounts now what? It's not a huge amount but would like to maximize it for myself and adult kiddos. I'm 46 with 72,000 in an IRA with Vanguard not invested yet. He left me an life insurance of 140,000 (I paid off the house I bought at the bottom of CA housing market in 2012)...
by Compound
Sat Jun 16, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: MD&P just purchased X / sold Y [md&pharmacist]
Replies: 198
Views: 12226

Re: MD&P just purchased X / sold Y [md&pharmacist]

Hello, To be able to discuss additions to your portfolio we first need to understand what you currently have. Can you please complete the table below. - amount = shares - fund $XXX,XXX = XXX - VFIAX (Vanguard 500 Admiral) $XXX,XXX = XXX - VQNPX (Vanguard Growth and Income) $XXX,XXX = XXX - VWNDX (V...
by Compound
Wed Jun 06, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my HELOC, Refinance or Invest
Replies: 18
Views: 1414

Re: Should I pay off my HELOC, Refinance or Invest

Add my vote to the chorus: get rid of that HELOC.
by Compound
Sat Jun 02, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: $1,000,000 in savings account to pay mortgage?
Replies: 32
Views: 4214

Re: $1,000,000 in savings account to pay mortgage?

If you bought a house that was $1.25M in the Bay Area, wouldn't it make sense to put the 20% deposit down and if you had remainder cash sitting around into a bank account or in a CD that earns 2% interest to effectively help pay your mortgage payments for you? Mortgage: Assuming 3.98% mortgage inte...
by Compound
Sat Jun 02, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Have $2.5M at 30, career advice needed
Replies: 49
Views: 5343

Re: Have $2.5M at 30, career advice needed

Umm... I don't understand the question. Please stay where you are. $550k gross, after tax is 330k -40k tuition -30k property tax $270k left. Max out retirement savings -60k (401k, HSA, ROTH) Leaving you with $210k remaining with little mortgage (400k left). Let's say you use 60k for living expenses...
by Compound
Mon May 28, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: 1.6 M Portfolio
Replies: 23
Views: 4436

Re: 1.6 M Portfolio

So that is my big question of the year, what do with the 400K. I want to start taking advantage of the money
in some fashion, but unsure of the best path. We are living below our RMD of 60k plus SS.
Invest the money in accordance with keeping your portfolio asset allocation where you desire it.
by Compound
Fri May 25, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Folks, I'm calling the Tops for Bay area RE market
Replies: 46
Views: 2749

Re: Folks, I'm calling the Tops for Bay area RE market

Now or within 4 months.. Rest of the US will lag by 8-12 months.. Hotter markets first. I may be wrong but I kinda feel it. We will come back to this thread in 2 years and figure out. Also a possible Stock decline starting September.. What metric are you suggesting we use to determine if you are co...
by Compound
Wed May 16, 2018 9:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 10425

Re: Yes, I'm 89 all right! [Jack Bogle]

Happy Birthday! Best wishes in the days, months, and years to come.

Thank you for all you’ve done for the common investor! I’m honored to call myself, with pride, a BOGLEhead and in doing so carry a small part of your legacy forward.
by Compound
Sat May 12, 2018 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Asset Allocation
Replies: 8
Views: 815

Re: Question about Asset Allocation

They are close, but not the same. You may consider adding another fund to the S&P 500 fund to approximate the total market fund. See here:

https://www.bogleheads.org/wiki/Approxi ... ock_market
by Compound
Tue May 08, 2018 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18276

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

What a bummer! Sorry to hear about the house falling through. Best of luck going forward on both car and house fronts.
by Compound
Tue May 08, 2018 11:50 am
Forum: Investing - Help with Personal Investments
Topic: How are we doing?
Replies: 13
Views: 1833

Re: How are we doing?

I think with our AGI we would only be allowed a partial deduction on Traditional IRA contributions since we have the 401k/TSP available to us at work, unless I am missing something? In the future we probably won't be allowed a deduction at all as our wages increase. You are correct, my mistake. Bas...
by Compound
Mon May 07, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18276

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

[quote=OffTheGrid post_id=3906211 time=<a href="tel:1525116658">1525116658</a> user_id=117862] Trouble is, I can’t co-sign... I have great credit but I’m getting our mortgage this week! Unless I'm mistaken the week has already passed, or close to it. Exactly what I’ve been thinking. Wait long enoug...
by Compound
Mon May 07, 2018 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Young investor, any advice?
Replies: 9
Views: 914

Re: Young investor, any advice?

Very nice start. Wish I knew half the issues you’re discussing when I was 27. Two things I’d be looking to do: 1. Keep developing your work skills to increase income. (I assume you mean the 12% 2018 bracket.) 2. Move from EJ to Vanguard. I’d suggest calling Vanguard for guidance on this. It should b...
by Compound
Mon May 07, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: How much car to buy on $250K income, $200K NW, newborn on the way
Replies: 78
Views: 6410

Re: How much car to buy on $250K income, $200K NW, newborn on the way

I don’t think there is a hard and fast rule on a specific dollar amount. I like that you have a plan to pay in cash and have a very sizeable amount to spend if you so desire. That said, the purchase price has to be taken in context with your other savings goals and values. For example, do you own a ...
by Compound
Mon May 07, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: How much car to buy on $250K income, $200K NW, newborn on the way
Replies: 78
Views: 6410

Re: How much car to buy on $250K income, $200K NW, newborn on the way

Planning on buying in cash? How much cash on hand do you have for this purchase?
by Compound
Mon May 07, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: Tires: Where to Get? Warranty? And Questions?
Replies: 74
Views: 6336

Re: Tires: Where to Get? Warranty? And Questions?

Another satisfied Costco and Tirerack tire buyer here. Have had good service and value with both places.
by Compound
Mon May 07, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: How are we doing?
Replies: 13
Views: 1833

Re: How are we doing?

2) My 401k has really high expense ratios, should I contribute to my 401k or my wife’s Roth IRA with any extra money that we have given that our federal marginal tax rate is 22%? Wife’s Roth IRA. This is a no-brainer. Note that if you’re concerned about paying taxes now by putting money in a Roth i...
by Compound
Mon May 07, 2018 5:03 am
Forum: Personal Finance (Not Investing)
Topic: Resignation letter
Replies: 66
Views: 6795

Re: Resignation letter

If she really can’t stomach working the previously agreed upon four weeks (which is truly what I think she ought to do), how about submitting a new letter of resignation for an end date two weeks away that supersedes the prior one?
by Compound
Mon Apr 30, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 18276

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

YES I know what was in the credit report and NO it was not because of debt-to-income ratio. These are the only two reasons I know of for someone needing a co-signer. If you find out what the mystery 3rd reason is please enlighten us. [ quote fixed by admin LadyGeek] Daftinvestor — I think OffTheGri...
by Compound
Sat Apr 28, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Next steps after "basics"?
Replies: 21
Views: 2190

Re: Next steps after "basics"?

Sounds like it’s time to start a taxable account.

Out of curiosity, why would you get earthquake insurance if you’re renting? I’ve heard of homeowners getting it for catastrophic coverage, but haven’t heard of a renter having it. I’ve also heard that it is ridiculously expensive.
by Compound
Sat Apr 28, 2018 10:26 am
Forum: Investing - Help with Personal Investments
Topic: Please judge my portfolio and asset allocation
Replies: 5
Views: 821

Re: Please judge my portfolio and asset allocation

Yes, I would rollover the IRA money to Vanguard or other lower cost provider. To get started, consider working a simple plan for the whole portfolio. Many here use the three fund portfolio: https://www.bogleheads.org/wiki/Three-fund_portfolio To employ this, you would indeed exchange the target date...
by Compound
Sat Apr 28, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Short term bonds appropriate for this money?
Replies: 5
Views: 435

Re: Short term bonds appropriate for this money?

An online savings account would probably be a reasonable choice. Ally bank currently offers a 1.5% yield. If you have specific times you plan on withdrawing, you could also consider CDs and get an even better interest rate.
by Compound
Sat Apr 28, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Would you make this financial decision??
Replies: 18
Views: 1709

Re: Would you make this financial decision??

Since your income is temporary, the house you’re looking at seems way too much of a stretch. Either keep renting or look for a more modest home.
by Compound
Tue Apr 10, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to Get Started
Replies: 15
Views: 1346

Re: Newbie Looking to Get Started

OP — When does your >$100k student loan repayment start? That’s the real albatross here. You have a debt emergency looming and need to get started ASAP. I register your rationalizations for purchases in your responses above, but implore you to look past those responses. Now is the time to get creati...
by Compound
Mon Apr 09, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation & Advice
Replies: 11
Views: 1068

Re: Portfolio Evaluation & Advice

However, I am wondering if I should use the 25k in my brokerage account to purchase an investment property. Any thoughts on that? Can’t say I’m real excited about the idea as outlined. To my mind, the idea of investing in real estate remote to my primary residence is nerve-racking. What if somethin...
by Compound
Mon Apr 09, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to Get Started
Replies: 15
Views: 1346

Re: Newbie Looking to Get Started

That is a lot of credit card debt! Tackling that should be priority #1. If you haven’t come across him already, Dave Ramsey should be first on your reading list. His get out of debt advice and perspective is generally quite good (with some caveats) when it comes to situations like these. Sell the ca...
by Compound
Mon Apr 09, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Have a question regarding investments in my taxable portfolio
Replies: 8
Views: 496

Re: Have a question regarding investments in my taxable portfolio

I would not be following the advice of your friend. I don't have muni bonds either. I would put bonds in tax-deferred and tax-efficient equity funds in taxable. I don't need any bonds in taxable because all my fixed income asset allocation will fit in my tax-deferred accounts. This. I’d ignore what...
by Compound
Mon Apr 09, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: How Often Do Stocks & Bonds Suffer Concurrent Losses?
Replies: 31
Views: 3116

Re: How Often Do Stocks & Bonds Suffer Concurrent Losses?

Simplegift — thank you for putting together another thought-provoking post. I have more of a question than a comment. You mention TIPS, value stocks, REITs as helping, in real terms, against concurrent stock and bond losses during periods of high inflation. What about carrying debt? Would a substant...