Search found 628 matches

by Compound
Wed Jan 16, 2019 5:30 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 847
Views: 43473

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: 1771

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: 1945

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: Investing - Help with Personal Investments
Topic: Need tips!
Replies: 17
Views: 1711

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: Investing - Help with Personal Investments
Topic: I'm the noobiest noob
Replies: 16
Views: 1389

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: 1945

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: 258
Views: 20270

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: 881

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: Investing - Help with Personal Investments
Topic: Should I open a 403(b)?
Replies: 24
Views: 967

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: Investing - Help with Personal Investments
Topic: Should I open a 403(b)?
Replies: 24
Views: 967

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: 159
Views: 7738

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: Investing - Help with Personal Investments
Topic: Should I move to a more conservative AA? 80/20 to 60/40?
Replies: 67
Views: 4606

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: Investing - Help with Personal Investments
Topic: Help - Expect to inherit relatively large sum
Replies: 12
Views: 2196

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: 18622

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: 18622

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: 18622

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: 12893

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: 12893

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: 12893

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: Investing - Help with Personal Investments
Topic: Need 401k Portfolio asset allocation recommendations - 35yo with 200k.
Replies: 9
Views: 1044

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: Investing - Help with Personal Investments
Topic: Need Help Beginning Ignorant and Naive Investor
Replies: 3
Views: 418

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: Investing - Help with Personal Investments
Topic: Let's rebalance my young 401k
Replies: 5
Views: 698

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...
by Compound
Wed Sep 19, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: A really general question!
Replies: 9
Views: 834

Re: A really general question!

Read this amazingly good primer:

https://www.etf.com/docs/IfYouCan.pdf
by Compound
Wed Sep 19, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Location - 403b + Roths
Replies: 4
Views: 574

Re: Asset Location - 403b + Roths

My question is: Does it make sense to load the Roth completely with equities and essentially do all rebalancing in the 403b between Vanguard S&P500 and Total Bond? Yes, your plan makes sense. Many do it the way you propose: put highest risk/expected return assets in Roth account and the rest in tax...
by Compound
Wed Sep 19, 2018 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Best Next Move? HELOC / Mortgage, etc.
Replies: 3
Views: 503

Re: Best Next Move? HELOC / Mortgage, etc.

Lots of unknowns here which make it tough to give a definitive answer. For example, what are you current loan payments (P&I)? We don't know, for sure, what future mortgage rates will be. Don't know how long you will stay in current house. How much can you afford to pay/month. Is your motivation to ...
by Compound
Sun Sep 16, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 66
Views: 8211

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

I found out the feed to Overcast.FM comes through iTunes. The podcast has been submitted to iTunes, but read that It can take several days to validate a new podcast site. When not logged in from my desktop, the podcast does not appear in the search box. Search for "Investing" comes up with many pod...
by Compound
Sun Sep 16, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
Replies: 66
Views: 8211

Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle

Now on Overcast.com [invalid link, see below --admin LadyGeek] Still waiting approval from iTunes and Google Play. Any other requests? That domain is for sale. I think you mean Overcast (overcast.fm). Sorry, I don't see the podcast. Can you provide a direct link? I found out the feed to Overcast.FM...
by Compound
Sun Sep 16, 2018 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13515

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Sounds like:

80 hours/week minimum.
95 hours/week average.
110 hours/week at its worst.

Continuously putting in those kids of hours is inhumane. Particularly with a family in tow. Time to start looking.
by Compound
Fri Sep 14, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing? -- 32 y/o lawyer in Bay Area
Replies: 32
Views: 4471

Re: How am I doing? -- 32 y/o lawyer in Bay Area

Looks like you’re doing amazingly well at a young age. :moneybag :moneybag :moneybag

One minor tweak to consider: decrease the non-Boglehead position and convert those funds to cash equivalents for upcoming expenses.
by Compound
Sat Sep 08, 2018 10:41 pm
Forum: Investing - Theory, News & General
Topic: Why Bull Markets Are Dangerous
Replies: 152
Views: 21593

Re: Why Bull Markets Are Dangerous

What a great post! Thank you for sharing. Nice reminder to stay the course.
by Compound
Wed Sep 05, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Sell our new home to downsize
Replies: 37
Views: 3589

Re: Sell our new home to downsize

<r><QUOTE author="RegDunlopCPA" post_id="4103805" time="1536109216" user_id="117577"><s> </s> <r>We recently built a new 4 BR home in a great school district where the payment is roughly 30-35% of our monthly income, value is 2.5x HHI. We have one child already in daycare @ $1k/ month and currently ...
by Compound
Sun Sep 02, 2018 3:06 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Please
Replies: 3
Views: 542

Re: Portfolio Review - Please

No red flags. Looks like you’re doing great! Keep saving! :beer
by Compound
Fri Aug 31, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Looking for a good Moving Company. All have awful reviews.
Replies: 21
Views: 1029

Re: Looking for a good Moving Company. All have awful reviews.

Been a while since I’ve moved, but last time I did I used this website — https://www.movingscam.com — and found it to be very helpful in selecting a mover. You may want to check it out.
by Compound
Sun Aug 26, 2018 7:32 pm
Forum: Personal Consumer Issues
Topic: What to put in a care package for college student
Replies: 44
Views: 2792

Re: What to put in a care package for college student

Money, food, and a note.

He just started college. Being reminded that he’s loved at home can be quite warming in what can be a confusing time.
by Compound
Sat Aug 25, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing 2018
Replies: 16
Views: 1918

Re: Rebalancing 2018

Seems like your son started you off correctly. You just need to “stay the course.” Rebalance from stocks to bonds (using the two funds you already have) to return to your target 60/40 asset allocation. Don’t fall prey to “performance chasing.” This is to say those returns you’re seeing on those othe...
by Compound
Sat Aug 25, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Take pension immediately upon retirement, or use 457 funds?
Replies: 36
Views: 1742

Re: Take pension immediately upon retirement, or use 457 funds?

Seems the risk here is political risk. If someone targets that pension system at some point, you could see a change. Unlikely risks aside, wow does this look like an amazing spot to be in!
by Compound
Sun Aug 19, 2018 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Please review my finances
Replies: 6
Views: 795

Re: Please review my finances

Compound, thanks for the advice. I'm in agreeance about your points on saving. I'll keep those balances in the low ER environment. I went back and checked the doc... Its actually a 7/1 ARM :oops:. The terms are LIBOR + 2.5% so if it were to reset today it would jump from 3.375% ->4.125%. It would b...
by Compound
Sun Aug 19, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Finance advice for 35 year old trying to plan ahead
Replies: 8
Views: 1695

Re: Finance advice for 35 year old trying to plan ahead

Since you can foresee using that $60k in the not too distant future (i.e. next 5 or so years), I’d suggest keeping it parked. Or possibly split off a portion not needed for emergency fund purposes, and park that in a CD to get a higher interest rate. Given your current net worth, that outlay to your...
by Compound
Sun Aug 19, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Please review my finances
Replies: 6
Views: 795

Re: Please review my finances

Sounds like you and your wife are getting your personal finance house in order — way to go! 1. How much of an emergency fund are you planning on? Is this to protect against job loss or do you project a major life change or purchase upcoming? Seems to me that beefing up the emergency fund should be a...
by Compound
Sun Aug 19, 2018 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA Conversion with Possible IRA Aggregation Rule
Replies: 4
Views: 523

Re: Backdoor Roth IRA Conversion with Possible IRA Aggregation Rule

So it seems you contributed $5000 after tax dollars to a traditional IRA in 2012 and have $4600 of earnings in that account and now you’d like to perennially contribute to a backdoor Roth. If you don’t have a employer sponsored plan to roll those earnings into or if you don’t mind paying tax on the ...
by Compound
Thu Aug 16, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: High tax bracket - Go 100% Roth in tax advantaged?
Replies: 47
Views: 4222

Re: High tax bracket - Go 100% Roth in tax advantaged?

For your non-govt 457, make sure the distribution options are ok. I had one where you had to take a lump sum upon termination which was not going to be favorable with regards to taxes. Blue Man Agreed. OP could be in for a big surprise if they don’t know their non-government 457 plan rules well.
by Compound
Sun Jul 22, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: 529 strategy?
Replies: 17
Views: 1231

Re: 529 strategy?

My kiddo is 1.5 years old. Won’t a 529 give me a better return (at least in theory) vs saving the money myself? My top choices were New York, Nevada, Ohio, Utah. These all had good reviews and weren’t too expensive Yep. These are good plans to consider. (I personally hadn’t heard of Ohio being good...
by Compound
Sun Jul 22, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: 529 strategy?
Replies: 17
Views: 1231

Re: 529 strategy?

Hi Everyone, Thinking about starting a 529 plan soon, just not sure exactly which plan to use. I currently live in a state that doesn't allow 529 contributions to be deducted, so that's out. Looking for low fees is a given, as is a directly sold plan. Scanning all the state's plans online, I've fou...
by Compound
Sun Jul 22, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 81
Views: 13839

Re: I may have understood why it's so hard to save and invest

Thanks for all your answers, fortunately I am only 24 so I have time for my money to compound ! Just difficult to see my friend spending money on clothes, holidays and me buying shares of S&P500 ETFs ahah Yes, seeing what friends and colleagues are doing can be a challenge at times — especially whe...
by Compound
Mon Jul 16, 2018 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 4220

Re: Buy a vacation home while renting

Welcome to the forum. Add me to the developing chorus of “no” votes. Doesn’t make sense to me to go this route. Seems like in the best case scenario you’d have a low profit margin (property management would take chunk of the potential profit). Of course, there are many worse scenarios that could go ...
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: 1789

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: 62
Views: 9290

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: 3401

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: 62
Views: 9290

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?