Search found 2648 matches

by Earl Lemongrab
Wed Oct 18, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Mechanics of rebalancing a four fund portfolio
Replies: 10
Views: 776

Re: Mechanics of rebalancing a four fund portfolio

I use the 5/25 rebalancing ranges. I haven't needed to sell anything to rebalance in a long time. All new money in the 401(k) has been going to fixed-income. In the other accounts, I look to see what is lagging and direct the new money there to that allocation.
by Earl Lemongrab
Wed Oct 18, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum Pension Guidance
Replies: 4
Views: 404

Re: Lump Sum Pension Guidance

If it were me, I'd be looking at generating extra money by rolling over to IRAs. At least one. Right now, Merrill Edge would be my best target. Use the free trades you get besides the bonus to by a selection of Vanguard ETFs.

No need for any advisers. This really isn't that hard.
by Earl Lemongrab
Wed Oct 18, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

tj wrote:
Wed Oct 18, 2017 11:54 am
Thats the standard offer. Thr larger offer is 180 days. I assune tda is the same in that the temporary larger promotion has a longer holding period.
I believe TDA is one year regardless of the offer.
by Earl Lemongrab
Wed Oct 18, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 48
Views: 3567

Re: Best way to make some dollars on a 10 day vacation?

ryman554 wrote:
Wed Oct 18, 2017 11:53 am
Earl Lemongrab wrote:
Wed Oct 18, 2017 10:26 am
ryman554 wrote:
Wed Oct 18, 2017 9:39 am
Two weeks in another country is great.
For you maybe. For me that would awful.
Why, may I ask?
I don't like traveling, period. It's an uncomfortable experience.
by Earl Lemongrab
Wed Oct 18, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Gold ETF
Replies: 32
Views: 2824

Re: Gold ETF

If you wanted to buy coins that have metal value above their face, but be able to easily buy them at face, buy pre 82 pennies. They're 95% copper with a metal value of about 2 cents each. The problem is in selling. I haven't found anyone who buys them for any more than a penny each unless they're w...
by Earl Lemongrab
Wed Oct 18, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: Why so many "reversed" pictures?
Replies: 11
Views: 1506

Re: Why so many "reversed" pictures?

wrongfunds wrote:
Wed Oct 18, 2017 9:07 am
One way to get around automatic copyright infringement checking is to swap the pictures. I think that idea probably worked for a while until the software caught up with that trick.
Where's your source for that? It sounds completely bogus.
by Earl Lemongrab
Wed Oct 18, 2017 10:35 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Yes I will be leaving. I’ll be taking my brokerage, 2 solo 401ks, and 2 Roth IRAs to Fidelity. I will leave my HSA there (my HSA custodian uses them for brokerage). I’ll will make one trade of BND per year and pay the commission. The overwhelming reason why I chose to do business with TDA was commi...
by Earl Lemongrab
Wed Oct 18, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

Merrill Edge's user interface is terrible. In what way? I haven't noticed anything out of the ordinary. Their trading platform is poorer than TD's. Again, you'd need to be specific. I don't make a lot of trades, but it seemed unexceptional to me. They don't offer paper statements. Ok, if that's imp...
by Earl Lemongrab
Wed Oct 18, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 48
Views: 3567

Re: Best way to make some dollars on a 10 day vacation?

ryman554 wrote:
Wed Oct 18, 2017 9:39 am
Two weeks in another country is great.
For you maybe. For me that would awful.
by Earl Lemongrab
Wed Oct 18, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1751

Re: contributing to friend's non-profit?

Ultimately it's your money. I was working off:
I don't believe their activities will be effective or provide a measurable benefit
If you have changed your mind on that, then by all means.
by Earl Lemongrab
Tue Oct 17, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Need help setting up backdoor Roth IRA
Replies: 49
Views: 3170

Re: Need help setting up backdoor Roth IRA

If you contributed 11k then your gain is $1.23, not 5k+. I am so sorry for being thick-headed on this. Using simple numbers, I put a deductible $10K in my tIRA and a few years later it was worth $15K. I then rolled the initial $10K into my 401K. Is the remaining $5K I want to convert to a Roth a ta...
by Earl Lemongrab
Tue Oct 17, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K
Replies: 6
Views: 438

Re: What to do with old 401K

There's no "10% fee" for conversions. If you paid the tax due out of the IRA, then there would be 10% early withdrawal penalty on the withheld money. But paying from the account accomplishes little, as you have a Roth with less in it. If you convert, the tax should be paid from outside money. What i...
by Earl Lemongrab
Tue Oct 17, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 48
Views: 3567

Re: Best way to make some dollars on a 10 day vacation?

RudyS wrote:
Tue Oct 17, 2017 3:59 pm
Just because he has no current plans doesn't mean that an idea involving travel would not be interesting. This is a brainstorming session - keep everything on the table.
So rather than make money as was indicated, spend money instead? You know, not everyone likes to travel.
by Earl Lemongrab
Tue Oct 17, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need help setting up backdoor Roth IRA
Replies: 49
Views: 3170

Re: Need help setting up backdoor Roth IRA

If you contributed 11k then your gain is $1.23, not 5k+.
by Earl Lemongrab
Tue Oct 17, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 48
Views: 3567

Re: Best way to make some dollars on a 10 day vacation?

Some people seemed to have missed this part:
As I have no plan for a travel or trip somewhere
The OP is looking for things to do in and around home.
by Earl Lemongrab
Tue Oct 17, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Roofer stopped showing up - what are my options?
Replies: 18
Views: 2478

Re: Roofer stopped showing up - what are my options?

in your case, i would immediately hire a licensed bonded insured contractor who specializes in roofing to finish the job. The problem with that is the 50% upfront payment already made. You can't play hardball without a plan to recover that or you'll end up paying out of pocket. When I had my roof r...
by Earl Lemongrab
Tue Oct 17, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1751

Re: contributing to friend's non-profit?

gips wrote:
Tue Oct 17, 2017 1:26 pm
^Because he's been my friend for 40 years.
I mean, so? You state that he kept it on the professional level, not personal. Why do you think that blowing $500 is something that a friend needs to do in this situation? I don't understand the thinking.
by Earl Lemongrab
Tue Oct 17, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1751

Re: contributing to friend's non-profit?

Sounds to me like you plan to waste $500 that could go to an organization that WILL be effective in accomplishing the goals. Why?
by Earl Lemongrab
Tue Oct 17, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan
Replies: 22
Views: 1714

Re: Thrift Savings Plan

OP, this is commonly said in this forum, but it is not their money and they won't lose sleep if the market tanks. I am currently comfortable with my 60/40 allocation, but if I got a $100,000 windfall tomorrow for investing, I would not dump $60,000 in the market right now. I would be more comfortab...
by Earl Lemongrab
Mon Oct 16, 2017 11:49 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads

angelescrest wrote:
Mon Oct 16, 2017 7:18 pm
This is disappointing, but am I the only one who will stay? How often are you buying/selling/rebalancing? I do it a couple times a year, and at $7 a trade, this isn’t too bad.
Oh, as long as they still give bonuses, I will use them. I just won't buy anything there.
by Earl Lemongrab
Mon Oct 16, 2017 11:48 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads

I have both Vanguard ETFs and non-Vanguard ETFs at TD. If I transfer out all of my Vanguard ETF positions in-kind while maintaining my positions in the other non-Vanguard funds, does TD consider this a partial transfer (free) or a full transfer ($75 fee)? A full transfer would be all assets and cas...
by Earl Lemongrab
Mon Oct 16, 2017 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 188
Views: 21089

Re: Retirement Account Stolen by Identity theft

brak wrote:
Mon Oct 16, 2017 8:16 pm
When you go to the website suggested in the post above this one, you get asked immediately for a password. So it seems like it's not accessible.
Ok, I apologize for that. Did you search for a similar one that DOES work? There are many.
by Earl Lemongrab
Mon Oct 16, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Better to file taxes knowing they are incorrect (IRS owes me) or not file
Replies: 5
Views: 606

Re: Better to file taxes knowing they are incorrect (IRS owes me) or not file

Have you recharacterized the erroneous Roth contribution to TIRA? This is the last day you can do that. It's the only way to fix it without paying the excise tax.

If you IRS owes you, there's no late penalty. It's always based on the amount you owe, which is nothing.
by Earl Lemongrab
Mon Oct 16, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 36
Views: 1751

Re: contributing to friend's non-profit?

I have to say that I would be much more inclined (although not much in absolute terms) to contribute money than to volunteer and spend my time working for the organization.
by Earl Lemongrab
Mon Oct 16, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 116
Views: 5467

Re: What are you driving? And would you buy your current ride again?

The first part is easy, a 1995 Ford Bronco (full-sized, of course). The second is not so easy, as the question is vague. Do you mean: 1. If I could back in time to the point where I bought this, would I do it again? The answer is yes. 2. Would I buy another 95 Bronco now if I needed replacement? Pos...
by Earl Lemongrab
Mon Oct 16, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: Where to notarize legal zoom documents? Trouble getting witnesses
Replies: 14
Views: 853

Re: Where to notarize legal zoom documents? Trouble getting witnesses

Normally your signature on a will does not need to be notarized, only witnessed. However, a "self-proving" will has the signatures of the witnesses notarized. This theoretically removes the need for the witnesses to ever appear before the probate court. I don't know how often it ever comes up or whe...
by Earl Lemongrab
Mon Oct 16, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: 401k to Roth IRA conversion
Replies: 4
Views: 311

Re: 401k to Roth IRA conversion

You haven't provided enough information, as we don't know what your current tax bracket is, and what your likely future tax bracket is. All the money from pretax contributions and growth will be added to your taxable income for the year. Generally, converting at your peak earning years is a poor idea.
by Earl Lemongrab
Mon Oct 16, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: The theory seems irrelevant. How does one execute?
Replies: 23
Views: 1599

Re: The theory seems irrelevant. How does one execute?

I believe research has shown (and here I don't have a source but I believe I heard on Meb Faber's podcast he cited a Michael J. Mauboussin paper, which for the life of me I can not find) when comparing two groups of investors, one that checked their portfolios daily and the other only checked once ...
by Earl Lemongrab
Mon Oct 16, 2017 2:18 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: TD Ameritrade Drops Vanguard From Revamped Commission-Free ETF Lineup TD Ameritrade will nearly triple its overall c

John Laurens wrote:
Mon Oct 16, 2017 12:13 pm
Not necessarily true. Vanguard will not give you etfs or admiral shares in all accounts. I have 7 figure solo 401k. They will not let me purchase a million dollars of VTSAX or even one share of VTI.
Raising the question, "why do you stay?"
by Earl Lemongrab
Mon Oct 16, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 188
Views: 21089

Re: Retirement Account Stolen by Identity theft - follow-up

If that's the case then find out yourself what the bank is by using the routing number on the check to attempt to add that bank as a bank used for external transfers from your checking account. Before you entirely fill out the form, you can find out the name of the bank when populating the routing ...
by Earl Lemongrab
Sun Oct 15, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Which would you rather own: AAPL or S&P 600 Small Cap Index?
Replies: 57
Views: 3111

Re: Which would you rather own: AAPL or S&P 600 Small Cap Index?

I never know how to answer these "if you could choose only one" questions because the don't specify why I can only choose one. On the face, the choice is obvious, as it's a lot harder for an index to go bust than a company. The latter happens all the time. I don't have to choose just one though, I c...
by Earl Lemongrab
Sun Oct 15, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads

deltaneutral83 wrote:
Sun Oct 15, 2017 1:54 pm
Well, I guess I'm moving to schwab or fido. Has Schwab's Intl. fund been beating Vanguard's the last 7 years substantially or did I read that wrong?
There are a number of international ETFs. Which ones specifically are you comparing?
by Earl Lemongrab
Sun Oct 15, 2017 1:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 384
Views: 194393

Re: Suggestions for the Wiki

I happened to look at the article on Merrill Edge: Merrill Edge provides 30 cost-free ETF or equity trades a month to customers who have $25k or more in Bank of America deposit accounts, or $25k or more cash balance at Merrill Edge. https://www.bogleheads.org/wiki/Merrill_Edge Recently ME dropped th...
by Earl Lemongrab
Sun Oct 15, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 256
Views: 10874

Re: Fellow TDA bogleheads

If you have at least 50k in assets, Merrill Edge with Preferred Rewards is a good option. They give 30 free equity trades/month with 50k, or 100 with 100k. You can get almost any ETF that way, and no frequent-trading restriction either. https://info.bankofamerica.com/preferred-rewards/ If the musica...
by Earl Lemongrab
Sun Oct 15, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: So I did this...Capital One Money Market $200 bonus
Replies: 11
Views: 1020

Re: So I did this...Capital One Money Market $200 bonus

spammagnet wrote:
Sun Oct 15, 2017 12:36 pm
Some have described bonus-chasing as a low-paying part-time job.
I can't answer for bank bonuses, but for brokerage transfer bonuses I consider it to be a very HIGH-paying part-time job. Hundreds of dollars per hour.
by Earl Lemongrab
Sun Oct 15, 2017 12:57 am
Forum: Personal Consumer Issues
Topic: Deals on Halloween Candy
Replies: 10
Views: 1243

Re: Deals on Halloween Candy

I buy the "fun-sized" bars[1]. I don't get many kids these days, but I eat them myself (I allow two per day) and they keep pretty well as long as they are exposed to heat. I just buy the sales at the supermarket or Walgreens with coupons. I a $2/3 on bags coupon for Mars and Nestle that I used at th...
by Earl Lemongrab
Sat Oct 14, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: New Job [403(b) rollover questions]
Replies: 4
Views: 452

Re: New Job

I imagine the cash plan could be rolled over, but you will need to check the current plan. As for the distributions, ask the existing plan. They can split the rollovers and probably should.
by Earl Lemongrab
Sat Oct 14, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: First time investing - Invest now or wait?
Replies: 14
Views: 1012

Re: First time investing - Invest now or wait?

There is no way to predict what the market will do. If you wait, what will you wait for? What happens if in the next 20 years, the market never gets lower than it is now? Will you still be waiting? What about people already in the stock market? If it were good for you to wait, then they should sell ...
by Earl Lemongrab
Sat Oct 14, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Individual 401k
Replies: 9
Views: 672

Re: Help with Individual 401k

Either recharacterize the conversion or use a different custodian for the i401(k). Vanguard isn't even a very good choice besides the not allowing rollovers.
by Earl Lemongrab
Sat Oct 14, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on home insurance and land vs structure value
Replies: 20
Views: 1102

Re: Thoughts on home insurance and land vs structure value

It's 1% of the insured value of the house, i.e., the maximum the insurance company would pay you or spend to rebuild your house if your house was a total loss. That number should be prominently featured on the first page of your HO policy. That certainly makes that number more important, as it can ...
by Earl Lemongrab
Fri Oct 13, 2017 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on home insurance and land vs structure value
Replies: 20
Views: 1102

Re: Thoughts on home insurance and land vs structure value

Then1% is a formula for calculating the dollar value of the deductible. Once calculated, then the dollar value is the deductible. The deductible would be the same for a claim of $1,000, a claim of $10,000 or a claim of $100,000. So it's 1% of what figure? The rebuild cost of the house? The market v...
by Earl Lemongrab
Fri Oct 13, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on home insurance and land vs structure value
Replies: 20
Views: 1102

Re: Thoughts on home insurance and land vs structure value

As I believe is increasingly common, our homeowners deductible is 1% of the insured amount. When we recently decreased the insured value, our deductible went down as did our annual premium. Does that have a bottom on it? Otherwise it might be a good deal depending on circumstance. A windstorm that ...
by Earl Lemongrab
Fri Oct 13, 2017 4:46 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 572
Views: 90555

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

So far, I've done the bonus game with IRAs only. I'm a little reluctant to transfer taxable accounts because I'm concerned the tax basis may not transfer over properly. Am I just being paranoid ? I have never had a problem. It takes a while to catch up, but gets there eventually. If you're worried,...
by Earl Lemongrab
Fri Oct 13, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on home insurance and land vs structure value
Replies: 20
Views: 1102

Re: Thoughts on home insurance and land vs structure value

As I believe is increasingly common, our homeowners deductible is 1% of the insured amount. When we recently decreased the insured value, our deductible went down as did our annual premium. Does that have a bottom on it? Otherwise it might be a good deal depending on circumstance. A windstorm that ...
by Earl Lemongrab
Fri Oct 13, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Rolling over 401K to Roth and Traditional IRA
Replies: 4
Views: 324

Re: Rolling over 401K to Roth and Traditional IRA

Seems to me the transfer from Fidelity to your new Roth should not be taxable. You already paid tax on those funds and the type of account they were in at Fidelity was essentially the Roth portion of your 401k. If the money was in the after-tax account, that is NOT Roth. So taxable earnings are gen...
by Earl Lemongrab
Fri Oct 13, 2017 3:35 pm
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6158

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

There are going to be some people in the category of, "Major damage, house condemned so can't live in it until repaired, no insurance, no money for repairs." Of course if they have a mortgage, then selling for 40% might not be an option either. Then you toss the keys to bank and wish them luck.
by Earl Lemongrab
Fri Oct 13, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on home insurance and land vs structure value
Replies: 20
Views: 1102

Re: Thoughts on home insurance and land vs structure value

As I believe is increasingly common, our homeowners deductible is 1% of the insured amount. When we recently decreased the insured value, our deductible went down as did our annual premium. Does that have a bottom on it? Otherwise it might be a good deal depending on circumstance. A windstorm that ...
by Earl Lemongrab
Fri Oct 13, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Rolling over 401K to Roth and Traditional IRA
Replies: 4
Views: 324

Re: Rolling over 401K to Roth and Traditional IRA

With after-tax, a share of earnings will accompany the rollover. This would be taxable at your marginal rate, not capital gains. Depending on the amount, it might be better to split the rollover to send the after-tax to Roth and the earnings to TIRA, but sometimes it's easier just to put it all in R...
by Earl Lemongrab
Fri Oct 13, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 572
Views: 90555

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Is the Merril Edge bonus a "one time" bonus? I have been happy there but was thinking of bringing 100k to tdameritrade for their 500 bonus to take advantage of their commission free ETF trades. Was wondering if I can keep switching back and forth from Merril to TD? I emailed my Merril rep for a ret...
by Earl Lemongrab
Fri Oct 13, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Need help setting up backdoor Roth IRA
Replies: 49
Views: 3170

Re: Need help setting up backdoor Roth IRA

I didn’t understand this reply. So, does that mean I should not have taxes withheld, if this is all after-tax money? I thought I should be converting the full $5,500. That's a different question than you asked. You wanted to know why the custodian asked about withholding when it was after-tax. They...