Search found 1693 matches

by Earl Lemongrab
Sat Apr 29, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to consolidate at Fidelity -- any gotchas about transfers?
Replies: 15
Views: 868

Re: Ready to consolidate at Fidelity -- any gotchas about transfers?

You definitely want to investigate any bonuses.

https://rewards.fidelity.com/offers/depositbonus

Also request free trades if you have stocks to divest. As I recall, Fidelity also allows selling mutual funds without fees.
by Earl Lemongrab
Sat Apr 29, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: SIMPLE-IRA: all contributions (including match) immediately vested?
Replies: 3
Views: 172

Re: SIMPLE-IRA: all contributions (including match) immediately vested?

I was interested in this as well as my wifes 401K states 2 things. vested funds and safe harbor funds but doesn't really explain what that means... Don't confuse a 401(k) with a SIMPLE IRA. Trying to apply the rules for one to the other can cause problems. For your case, if the plan is a safe-harbo...
by Earl Lemongrab
Sat Apr 29, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with $320K in rollover traditional IRA
Replies: 2
Views: 240

Re: Need help with $320K in rollover traditional IRA

If you hadn't sold the existing holdings, would you now be considering going to cash and doing DCA? In my opinion, the money was in and allocation before, get it back to that as quickly as possible and quit thinking you can outsmart the markets.
by Earl Lemongrab
Sat Apr 29, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Moving money from 401k rollover IRA to a Roth IRA possible?
Replies: 9
Views: 236

Re: Moving money from 401k rollover IRA to a Roth IRA possible?

You can make a further check to see if they allow rolling out rollover contributions. Some plans do. In your case, you don't need to make ongoing Backdoor contributions, so you really only need it out of the way for one year.
by Earl Lemongrab
Sat Apr 29, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Profit sharing bonus, considering options
Replies: 6
Views: 390

Re: Profit sharing bonus, considering options

I always intend to lump sum invest.
by Earl Lemongrab
Sat Apr 29, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for a new role with same employer - salary negotiation
Replies: 10
Views: 390

Re: Applying for a new role with same employer - salary negotiation

There's a reason there's a minimum to the range. Who do you think should be at the minimum if not the newly-promoted internal candidate? If everyone started near the middle, then that would be minimum.
by Earl Lemongrab
Sat Apr 29, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Moving money from 401k rollover IRA to a Roth IRA possible?
Replies: 9
Views: 236

Re: Moving money from 401k rollover IRA to a Roth IRA possible?

Look into rolling the rollover IRA into the new plan. Then you can convert the non-deductible contribution to Roth.
by Earl Lemongrab
Sat Apr 29, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth- Did I do it wrong?
Replies: 20
Views: 1048

Re: Backdoor Roth- Did I do it wrong?

Just a correction, ER for my 401K is 0.15% (not 0.015%). Do you think it is still worth to do rollover, as it allows me to do backdoor roth? How much is in the rollover IRA? If it were 100k, then the extra .1% ER would cost you $100 per year. Most would consider that a reasonable cost for Roth space.
by Earl Lemongrab
Sat Apr 29, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth- Did I do it wrong?
Replies: 20
Views: 1048

Re: Backdoor Roth- Did I do it wrong?

Is it possible to move my rollover IRA to 401k and move back to IRA at later point? This is plan dependent. You can check your employer's 401K for "in service distribution". My plan allowed an in-service distribution at age 59.5 Rollover contributions don't come under the same restriction...
by Earl Lemongrab
Sat Apr 29, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Profit sharing bonus, considering options
Replies: 6
Views: 390

Re: Profit sharing bonus, considering options

I would invest to plan. Paying down a loan of that rate doesn't make sense to me. At Megacorp we have the option to put the profit-sharing bonus into the 401(k). Although that goes against pretax contributions it helps because the plan also allows after-tax so it gets more overall into the plan each...
by Earl Lemongrab
Sat Apr 29, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: When does it make sense to stop paying to repair your old vehicle?
Replies: 56
Views: 3454

Re: When does it make sense to stop paying to repair your old vehicle?

You should mostly evaluate repairs on their own merits. A sunk cost is just that, except that you might factor in that it now has a repaired X, so the probability of a failure in X is lowered over the nearer term.
by Earl Lemongrab
Sat Apr 29, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: When does it make sense to stop paying to repair your old vehicle?
Replies: 56
Views: 3454

Re: When does it make sense to stop paying to repair your old vehicle?

For me a significant factor is the buying a replacement isn't like running to the hardware store and throwing one in your cart. Keeping the existing one going is just a lot easier. I haven't bought any vehicle since I got the Bronco in 99. I don't even know what I would buy to replace it. It's not l...
by Earl Lemongrab
Thu Apr 27, 2017 5:38 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 143
Views: 18001

Re: Why not add a "like" button to Boglehead posts?

There are a lot of vocal people not all that interested in trying something new. I guess I'm not too thrilled with the indication that, "if you don't like this thing that I want added then you're some sort of stick-in-the-mud." Many of us have used a variety of forums, so this isn't "...
by Earl Lemongrab
Thu Apr 27, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 81
Views: 6340

Re: Removing a tree - expensive!!!

Just like not all trees are the same, not all stumps are either. That massive maple of mine had a stump that cost $420 to grind out. They had to bring in a very large machine for that. A crabapple stump on the same job was $70. Again, I wouldn't worry about what people on a forum think are the right...
by Earl Lemongrab
Thu Apr 27, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Somebody hit my car in a parking lot
Replies: 26
Views: 3428

Re: Somebody hit my car in a parking lot

Last week, someone hit my parked 2003 Honda Pilot. I was going to have my neighbor pull the camera, but another neighbor came by later that night and confessed. She told me that she was in a hurry to get to work and could not stop and leave a note. I called her insurance company, AAA, and they file...
by Earl Lemongrab
Thu Apr 27, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: ETF verses Mutual Funds.
Replies: 37
Views: 1770

Re: ETF verses Mutual Funds.

I don't see how it takes hours to make a few ETF trades. Admittedly, it's best done during trading hours, but with highly-liquid ETFs you can usually do a marketable limit order or even a market order about as easily as you can a mutual fund order. I don't know if this thread is the best place, but ...
by Earl Lemongrab
Wed Apr 26, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: ETF verses Mutual Funds.
Replies: 37
Views: 1770

Re: ETF verses Mutual Funds.

Well, though nisiprius might advise you not to believe me, I disagree with this assertion emphatically. For someone like me who manages a portfolio across three types of accounts at two different institutions (hardly a complicated or uncommon circumstance) and holding a portfolio with ten distinct ...
by Earl Lemongrab
Wed Apr 26, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: What To Do With After-Tax 401(k) Contributions
Replies: 5
Views: 505

Re: What To Do With After-Tax 401(k) Contributions

badbreath wrote:I would say put it in your regular 401k for the tax deduction now.

This is normally done in addition to the 18k deferral/Roth limit.
by Earl Lemongrab
Wed Apr 26, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Revocable trust worth paying attorney for?
Replies: 21
Views: 1386

Re: Revocable trust worth paying attorney for?

Well, what are these pitfalls and potential problems that keep getting mentioned? If you're using a kit or online service, what are you likely to do wrong that will cause a problem? Note that being aware of these things would be useful to people here even if you're getting one professionally prepare...
by Earl Lemongrab
Wed Apr 26, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 206
Views: 7851

Re: Will cars be autonomous in three years?

I can't remember the name of the product, but I think it was in the 1990s or early 2000s there was a self-propelled scooter device you would stand on that could take you all over town. The Segway! I thought it referred to this sort of device: https://www.walmart.com/ip/Swagtron-Swagger-1-Collapsibl...
by Earl Lemongrab
Tue Apr 25, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion Question.
Replies: 3
Views: 433

Re: Roth Conversion Question.

Backdoor Roth is a good idea if you're in that income range. Why would you stop? What you need to have done is anytime you made a non-deductible contribution, that should have been recorded on form 8606. Anytime a conversion was done, that also needed to be on 8606. If you use tax software and answe...
by Earl Lemongrab
Tue Apr 25, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: Are ER for mutual funds < ER for ETF?
Replies: 11
Views: 1115

Re: Are ER for mutual funds < ER for ETF?

3spots wrote:I tired using the image tags - no go. I am trying to paste the jpg snip from my personal computer -- I read that some images/URL need to be posted to a public site to work?

Yes, the images have to be on an external hosting site. This forum doesn't allow uploading images.
by Earl Lemongrab
Mon Apr 24, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: Investing with American Funds like betting on Tiger Woods
Replies: 23
Views: 3019

Re: Investing with American Funds like betting on Tiger Woods

I think it's a poor analogy. Tiger is tailing off because he's in athletics, where age and body condition matter a lot. Not in investing. If you want a sports analogy, pick betting on the UConn women's basketball team. The win year after year, but the team changes. Note that I don't believe any man...
by Earl Lemongrab
Mon Apr 24, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: TDAmeritrade Rollover Bonus
Replies: 3
Views: 335

Re: TDAmeritrade Rollover Bonus

I agree, the best deal at TDA is the commission-free ETFs. You get the same ERs as Admiral shares. As some know, I'm a big fan of the bonuses: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=196884 Of course, if it were me I'd probably split that rollover and get couple bonuses.
by Earl Lemongrab
Mon Apr 24, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 81
Views: 6340

Re: Removing a tree - expensive!!!

You might be able to take down a small tree by yourself, but I wouldn't try that with a large one. The maple that they cut down for me was 4-5 ft diameter at the base. It had one large limb the size of some smaller trees that extended out over the house. You couldn't even start on the limb without t...
by Earl Lemongrab
Mon Apr 24, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Recent transfers to Vanguard, cost-basis success?
Replies: 17
Views: 1078

Re: Recent tranfers to Vanguard, cost-basis success?

You should keep backup data. At TDA, go to Gainskeeper and view Unrealized Gains. Click on Expand All. That should show all the tax lots. Up at the top there will be a link Export Data. Clicking that will give you an Excel sheet with the information.
by Earl Lemongrab
Mon Apr 24, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: Investing with American Funds like betting on Tiger Woods
Replies: 23
Views: 3019

Re: Investing with American Funds like betting on Tiger Woods

I think it's a poor analogy. Tiger is tailing off because he's in athletics, where age and body condition matter a lot. Not in investing. If you want a sports analogy, pick betting on the UConn women's basketball team. The win year after year, but the team changes. Note that I don't believe any mana...
by Earl Lemongrab
Mon Apr 24, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 18416

Re: Any regrets living a frugal life for high income/high networth individuals?

I don't live a frugal life to save money, I save money because I live a frugal life. So I don't have regrets about "nicer" things passed up, because I already get what I want.
by Earl Lemongrab
Sat Apr 22, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: IRA One-Rollover-Per-Year Rule
Replies: 6
Views: 386

Re: IRA One-Rollover-Per-Year Rule

Twice this year I did a trustee to trustee transfer from an old 401k to a Vanguard IRA. I still have money left in the old 401k and want to do a third transfer. I am confused on the IRA one-Rollover-Per-Year Rule. I think I am fine because it appears that trustee to trustee transfers do not apply b...
by Earl Lemongrab
Sat Apr 22, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: IRA One-Rollover-Per-Year Rule
Replies: 6
Views: 386

Re: IRA One-Rollover-Per-Year Rule

The IRS is not trying to do anything. Somebody filed a lawsuit in the tax court and the IRS has to do what the tax court indicated. That's not exactly correct. Prior to Bobrow v. Commissioner, the IRS had declared some of Bobrow's rollovers as taxable withdrawals and he was trying to get that rever...
by Earl Lemongrab
Sat Apr 22, 2017 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Need help setting up backdoor Roth IRA
Replies: 28
Views: 1583

Re: Need help setting up backdoor Roth IRA

Well, presumably you made these contributions because your MAGI was too high in the years past to make regular Roth IRA contributions. Is that accurate? If so, then given the existence of work plans, you would not have been able to deduct the TIRA contributions. So those should have been recorded on...
by Earl Lemongrab
Sat Apr 22, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 81
Views: 6340

Re: Removing a tree - expensive!!!

If you get a variety of bids from reputable tree outfits, you'll have a good a idea of both the prevailing rates and the specifics of your job. What other people paid for somewhat similar jobs in other places can provide some range but not any precision.
by Earl Lemongrab
Fri Apr 21, 2017 11:36 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 471
Views: 191743

Re: TV show recommendations?

Another batch of Adventure Time is running, starting today and several days in a row next week.
by Earl Lemongrab
Fri Apr 21, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 294
Views: 14528

Re: I don't understand the case for EE bonds

They allow you to expand your tax deferred space. Only in a fashion similar to non-deductible IRA contributions. The principal is after-tax, so only the earnings are deferred, and that's pretty small in this context. You are assuming something to call it small. I own a lot of EE bonds and am in a h...
by Earl Lemongrab
Fri Apr 21, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Removing a tree - expensive!!!
Replies: 81
Views: 6340

Re: Removing a tree - expensive!!!

I had a silver maple in the back, right next to the house. The trunk was about 4-5 feet in diameter. When it got sick (those trees have a relatively short life) it was $2000 to remove it. Always get at least three bids.
by Earl Lemongrab
Fri Apr 21, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 34792

Re: Larry Swedroe says "Goodby."

Frankly I haven't read many of Larry's threads, although I read and enjoy some of his books. I "grew up" with the rough-and-tumble world of usenet, so most of what I see on this forum is so mild that I have trouble imagining interactions being so bad that you have to leave. But that's not ...
by Earl Lemongrab
Fri Apr 21, 2017 12:59 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 294
Views: 14528

Re: I don't understand the case for EE bonds

You are forgetting about the tax deferral which allows one to do tax arbitrage from high income years to low income years. That will work for some people but current EE bonds only make sense if held exactly 20 years. For a lot of younger people that means cashing them at their peak earnings. They a...
by Earl Lemongrab
Fri Apr 21, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Bill received after Estate is closed
Replies: 55
Views: 5016

Re: Bill received after Estate is closed

J295 wrote:In my world, $2,000 is not material

In that case, could you send me $2000? It is material to me.
by Earl Lemongrab
Fri Apr 21, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: Transfer to Fidelity for Sign on Bonus?
Replies: 22
Views: 1893

Re: Transfer to Fidelity for Sign on Bonus?

Bonuses for taxable accounts will generate a 1099 at $600+ (that's by law) and sometimes less if the custodian chooses. Note that you are responsible for taxes regardless of whether you receive a 1099. For IRAs, most will put the bonus in the account and designate it as "earnings" or simil...
by Earl Lemongrab
Thu Apr 20, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: Costco battery replacement possible after a year and half?
Replies: 11
Views: 977

Re: Costco battery replacement possible after a year and half?

I don't know about Costco specifically, but usually battery warranties are pro-rated. That is, if it goes bad within the warranty period, you'll get the replacement at a discounted price.
by Earl Lemongrab
Thu Apr 20, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3764

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

jon1212 wrote:I just realized that the etrade route wouldnt be ideal because every month if i needed to rebalance to get to 70/30 stocs/bonds there would be a fee I would have to pay to buy and sell. So it makes more sense to just get one or more of vanguards funds.

You shouldn't need to be rebalancing monthly.
by Earl Lemongrab
Thu Apr 20, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Dedicating your bonus to something
Replies: 30
Views: 2828

Re: Dedicating your bonus to something

We get a sort of profit-sharing bonus. I have it all directed to my 401(k). That fills up my pretax contributions faster and starts Mega-Backdoor Roth sooner.
by Earl Lemongrab
Thu Apr 20, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: Transfer to Fidelity for Sign on Bonus?
Replies: 22
Views: 1893

Re: Transfer to Fidelity for Sign on Bonus?

Pranav wrote:If/when you decide to close/transfer your IRA account out of Fidelity, they will probably charge $50 account close-out fee.

Yes, but often the new custodian will cover that (not Vanguard). You can also leave a small amount of cash.
by Earl Lemongrab
Thu Apr 20, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA transfers, indirect rollovers, contributions, oh my!
Replies: 7
Views: 498

Re: Roth IRA transfers, indirect rollovers, contributions, oh my!

In that case, your only options are to do a direct custodian transfer, which you tried ran into a roadblock, or an indirect rollover. Otherwise, if you take the money out you've lost the Roth space forever, and might owe some tax on any gains. Follow Vanguard's lead on how to do that. What do you m...
by Earl Lemongrab
Thu Apr 20, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Transfer to Fidelity for Sign on Bonus?
Replies: 22
Views: 1893

Re: Transfer to Fidelity for Sign on Bonus?

I registered through the deposit bonus website and made a deposit into my existing Fidelity account, but never received the bonus payment. When I contacted Fidelity about this, they said that my deposit didn't "qualify" (but didn't provide any rationale for that) and said they sent me ema...
by Earl Lemongrab
Thu Apr 20, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: Transfer to Fidelity for Sign on Bonus?
Replies: 22
Views: 1893

Re: Transfer to Fidelity for Sign on Bonus?

Fido said the frequent flyer incentive might be over, but it could not be retroactive. However, they gave me a future draft pick (some free trades). Ah, I was insufficiently clear. I was referring to people who made transfers without having registered for the bonus. If the offer has expired, then y...
by Earl Lemongrab
Thu Apr 20, 2017 12:36 pm
Forum: Investing - Theory, News & General
Topic: Transfer to Fidelity for Sign on Bonus?
Replies: 22
Views: 1893

Re: Transfer to Fidelity for Sign on Bonus?

You might be interested in this rather long thread on the subject: https://www.bogleheads.org/forum/viewtopic.php?t=196884 And a fine one it is. For some folks it's very much worth it. Others don't see the point. If you have enough to get a $2500 bonus, well then your portfolio value changes by mor...
by Earl Lemongrab
Thu Apr 20, 2017 12:32 pm
Forum: Investing - Theory, News & General
Topic: Transfer to Fidelity for Sign on Bonus?
Replies: 22
Views: 1893

Re: Transfer to Fidelity for Sign on Bonus?

Generally the brokerages have been reliable in paying out bonuses as long as you follow the rules. It's best to make sure the account is registered for the bonus, often there's a link to open the account with the offer code embedded. However, there's a good chance that they would apply it retroactiv...
by Earl Lemongrab
Thu Apr 20, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 12084

Re: Do you have an umbrella policy?

Big judgements happen, (here's an attorney promoting some of his big judgement win, one was for $100,000,000 from a pit bull attack Note that it says "Default Judgment". That means the defendant didn't show up and probably can't be found or has no money. Most large judgments immediately g...
by Earl Lemongrab
Thu Apr 20, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 301
Views: 48152

Re: Bank of America/Merrill Edge - Preferred Rewards

Looks like you have to already be a preferred rewards client to qualify for that offer. But calling anyway might be a good idea. Me, I just opened a CMA and Roth IRA accounts last night with the $600 reward offer. Oh well, I guess. I'm sure I couldn't call after the fact and get it increased. It's ...

Go to advanced search