Search found 5661 matches

by Earl Lemongrab
Sun Nov 18, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 137
Views: 10406

Re: Favorite "free stuff"?

Anything placed on a residential curb on trash day is free for anyone to get. Police sometimes go through suspects' trash when it is placed at the curb. It's a good way to collect evidence when you already believe illegal activity is going on inside the residence. I have doubts about that for recyc...
by Earl Lemongrab
Sun Nov 18, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 109
Views: 9074

Re: Granddaughter needs $ help for university

I have to say that this sounds excellent. Working while in school does have a negative effect on studies, but it's (in my opinion) made up for by character development. As far as concentrating on performance, I dunno. Making a living that way isn't easy. It's kind of like professional sports. Every ...
by Earl Lemongrab
Sun Nov 18, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: To IRA or not
Replies: 5
Views: 332

Re: To IRA or not

I’ve been trying to decide for the past few years to get into an IRA; now I’ve waited to long and can’t get any tax deductions from inputting into a traditional IRA. Should I covert my ETF to an Tranditional IRA then into a Roth or with lack of cash reserves and other accounts maxed skip the IRA th...
by Earl Lemongrab
Sun Nov 18, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to create a portfolio I can manage myself
Replies: 7
Views: 884

Re: Trying to create a portfolio I can manage myself

If you want a small/value tilt, I'd look at the Ultimate Buy and Hold thread. You could probably simplify by getting rid of some of the sub-allocations.
by Earl Lemongrab
Sun Nov 18, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Am I understanding this right about DAFs? If so...wow
Replies: 25
Views: 2230

Re: Am I understanding this right about DAFs? If so...wow

Generally if the funds were equal, the .6% or whatever management fee is a major drag. It would be better to grow the funds in taxable, then add to the DAF when you are near ready to spend. The ERs on at least some of those funds exceed the .6 extra for the DAF. Besides, doing it at once might be b...
by Earl Lemongrab
Sun Nov 18, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Simple procedural question on Backdoor Roth
Replies: 3
Views: 323

Re: Simple procedural question on Backdoor Roth

Do either of you already have Roth IRAs? If so, no need to open a new one. You can convert into the existing one. Existing TIRAs was covered above, but it's an important point. If either of you already have pretax IRAs then it complicates things for that person.
by Earl Lemongrab
Sun Nov 18, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: Where do you get your information? Favorite blogs/sites/resources?
Replies: 18
Views: 1245

Re: Where do you get your information? Favorite blogs/sites/resources?

What information, to do what with exactly? I don't time the markets, so my need for financial information is low. Really just a daily read of the forum is more info than I need. Sometimes I look at fund performance for issues that come up on the forum. Morningstar is where I go for that. Most of my ...
by Earl Lemongrab
Sun Nov 18, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating offer when you gave a number early in the interview
Replies: 9
Views: 1096

Re: Negotiating offer when you gave a number early in the interview

Frankly, if the position really is a critical, "make or break" one, then if they tried to go cheap on it I'd be worried.
by Earl Lemongrab
Sun Nov 18, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Basic simple questions on TLH
Replies: 4
Views: 293

Re: Basic simple questions on TLH

There's no need to cross buy in the Roth. That does nothing for you, and if you make a mistake and have a wash sale it is not recoverable. Pick a compatible fund that isn't likely to be substantially identical, and do it all in taxable. That way if later international drops more, you can sell the ne...
by Earl Lemongrab
Sun Nov 18, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating offer when you gave a number early in the interview
Replies: 9
Views: 1096

Re: Negotiating offer when you gave a number early in the interview

I will disagree with those sentiments. When it comes time, I'd say "I know I gave a ballpark figure early on, but that was before I learned full scope and responsibilities of the position. I'll be looking for a different pay scale."
by Earl Lemongrab
Sun Nov 18, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: How to pick a wifi router to replace one we rent from Cox?
Replies: 20
Views: 1146

Re: How to pick a wifi router to replace one we rent from Cox?

With Spectrum I can get a free simple modem. So all I need then is a wifi router. By decoupling the two functions, I don't have to worry about compatibility issues. You can check to see if that is an option.
by Earl Lemongrab
Sun Nov 18, 2018 3:07 am
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3226

Re: If the market is this high, does it make sense to invest a large sum of money?

I am definitely in the minority on this board, but I would set aside maybe $3k of the $30k in Roth IRA in a liquid MM account (within the IRA itself, so it is earning interest) and dollar cost average the $3k over the next year or two, or if you're feeling bold wait for the dips and buy them (if th...
by Earl Lemongrab
Sun Nov 18, 2018 12:58 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my TLH plan
Replies: 13
Views: 1155

Re: Please critique my TLH plan

The IRS has not exempted any account type from 26 U.S. Code § 1091. That is all one needs to know. All else is conjecture, supposition and wishful thinking. I laid out my arguments as to why I believe that is the wrong way to consider it in the other thread. I see no reason to go through it again. ...
by Earl Lemongrab
Sat Nov 17, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investment
Replies: 8
Views: 1003

Re: help with my investment

Unfortunately, we were very ignorant as regards to investments. The good thing about ignorance is that it's a fixable condition. I was woefully ignorant for much of my working life. In 2007 I "got serious" and spent time reading books and web sites. I developed a plan and asset allocation, then inv...
by Earl Lemongrab
Sat Nov 17, 2018 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: If the market is this high, does it make sense to invest a large sum of money?
Replies: 38
Views: 3226

Re: If the market is this high, does it make sense to invest a large sum of money?

Absent taxes, there is no difference between selling stocks and not buying stocks. So each day that the market is open, every stock fund in my tax-advantaged accounts is effectively purchased, because I didn't sell them. So every market day I lump sum about 400k into stocks. Fixating on the current ...
by Earl Lemongrab
Sat Nov 17, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???
Replies: 17
Views: 1546

Re: Perform 12% Roth conversions or realize 0% long term capital gains during low income years???

How much actual room will you have? One thing to remember is the 0% qualified dividend situation. The bracket for that almost overlaps the 12% marginal bracket. So if you have significant taxable stock holdings (presumably based on the question) then some of the QDIVs are sitting in the 0% space. In...
by Earl Lemongrab
Sat Nov 17, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my TLH plan
Replies: 13
Views: 1155

Re: Please critique my TLH plan

rkhusky wrote:
Sat Nov 17, 2018 8:24 am

That is not true.
This is probably a minority opinion here. Many of us find rkhusky's arguments to be . . . unconvincing.

You can see extensive discussion here:

viewtopic.php?f=2&t=262085

I don't see much need to restart it.
by Earl Lemongrab
Sat Nov 17, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA rollover to 403b witholding amount
Replies: 27
Views: 746

Re: Traditional IRA rollover to 403b witholding amount

It would be better if you listed exactly what you have contributed to TIRA, whether any of the contributions were pretax, and what the balance of all TIRA accounts is. The amount you have contributed to Roth IRA is irrelevant other than that affects how much you can contribute to a TIRA for this year.
by Earl Lemongrab
Sat Nov 17, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: How Much of a Hassle is it Going to be to Roll Back 2018 Roth Contributions?
Replies: 12
Views: 1055

Re: How Much of a Hassle is it Going to be to Roll Back 2018 Roth Contributions?

You should be able to get a ballpark number for the earnings. You know when you contributed and to which funds in what amounts. Vanguard might be able to display the lots and growth (I'm not familiar with their web site). Are you able to do backdoor Roth? That is, do either of you have significant p...
by Earl Lemongrab
Sat Nov 17, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: IRS announces 2019 Tax Rates, Standard Deduction, etc.
Replies: 27
Views: 5374

Re: IRS announces 2019 Tax Rates, Standard Deduction, etc.

libralibra wrote:
Sat Nov 17, 2018 2:00 pm
heh, it's literally the first question asked and answered in this thread
Ah yes. I see that now.
by Earl Lemongrab
Sat Nov 17, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: IRS announces 2019 Tax Rates, Standard Deduction, etc.
Replies: 27
Views: 5374

Re: IRS announces 2019 Tax Rates, Standard Deduction, etc.

I did a bit of web searching, but didn't find an answer. Has anyone seen the brackets for long-term capital gains/qualified dividends for 2019? In 2018 the break between 0%-15% was a little bit lower than the end of the 12% marginal bracket. The latter is even higher now.
by Earl Lemongrab
Fri Nov 16, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Are gift cards for fund raising worth it?
Replies: 21
Views: 1012

Re: Are gift cards for fund raising worth it?

Paying with a check gives exactly as much bank information. Each check has routing and account number on it. The difference for me is if I pay by check, they just deposit it. The don't save the information. At least, I don't think they do (I suppose nothing is stopping them from saving check inform...
by Earl Lemongrab
Fri Nov 16, 2018 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 101
Views: 13761

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Yes, exactly! That's the dilemma. "Stay the course" means stick to your allocation no matter what. So even though BIV has been going down, I need to keep buying it to return to the selected allocation. (Not all the time of course, just at the time of annual rebalance) It's a bit difficult as BIV ju...
by Earl Lemongrab
Fri Nov 16, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: iShares ETFs in Fidelity SIMPLE IRA?
Replies: 6
Views: 480

Re: iShares ETFs in Fidelity SIMPLE IRA?

You should clarify why you want to open a SIMPLE. Is it for a sole proprietor business? If so, then a solo 401(k) would be better.
by Earl Lemongrab
Fri Nov 16, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Can I purchase individual stocks in my Vanguard Rollover IRA?
Replies: 7
Views: 646

Re: Can I purchase individual stocks in my Vanguard Rollover IRA?

retire2022 wrote:
Thu Nov 15, 2018 9:51 pm
Bogleintraining you need to open a brokerage account within your Vanguard IRA
Unless this is an old mutual fund only account, it's probably a brokerage account already.
by Earl Lemongrab
Fri Nov 16, 2018 3:29 pm
Forum: Investing - Theory, News & General
Topic: Do BHs care about real asset value or stay in course?
Replies: 13
Views: 1152

Re: Do BHs care about real asset value or stay in course?

I have a few core principles in my investing plan. One is that I have no talent for market timing. I'm not sure that anyone does, but I'm sure I don't. That makes it easy! I don't have to worry valuations, or moving averages, or whatever. I would either not do it right or I'd late or it would turn o...
by Earl Lemongrab
Fri Nov 16, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Are gift cards for fund raising worth it?
Replies: 21
Views: 1012

Re: Are gift cards for fund raising worth it?

Paying with a check gives exactly as much bank information. Each check has routing and account number on it.
by Earl Lemongrab
Fri Nov 16, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: Rollover - Time out of market
Replies: 26
Views: 1975

Re: Rollover - Time out of market

Danielle896 wrote:
Fri Nov 16, 2018 2:58 pm
I agree. It's my understanding that a Roth conversions make more sense when the taxes are paid from a source other than the tax deferred account.
That's especially true if you aren't 59-1/2, as there will be penalty as well as tax on the withholding.
by Earl Lemongrab
Fri Nov 16, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2428

Re: Understanding the difference in cell phone OS types

RickBoglehead wrote:
Fri Nov 16, 2018 1:46 pm
Again, I'll restate - you're asking in the wrong place.
And I heard you the first time.
by Earl Lemongrab
Fri Nov 16, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: Rollover - Time out of market
Replies: 26
Views: 1975

Re: Rollover - Time out of market

I decided to convert more dollars than originally planned, and this time, there were no equities involved. I got a little further using the brokerage on line process but got hung up as I could not convert with zero State tax with holding unless I had a signed tax with holding form on file with the ...
by Earl Lemongrab
Fri Nov 16, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2428

Re: Understanding the difference in cell phone OS types

Some people are getting frustrated about answering the question "which type phone should I buy" because of insufficient information. However, that is not the question I asked. I specifically limited the scope to the differences between the OSes, especially those differences that mattered to you.
by Earl Lemongrab
Fri Nov 16, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Contribution limits question (Defined Contribution Limits)
Replies: 6
Views: 349

Re: Contribution limits question (Defined Contribution Limits)

The 403(b) and 457(b) are separate plans with their own limits. Don't add them together. I had this same question. Can you point me to the code or some other guidance that confirms this? Nothing I'm reading online makes this claim but several places hint to it; including the IRS site. I just can't ...
by Earl Lemongrab
Fri Nov 16, 2018 1:34 am
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 109
Views: 9074

Re: Granddaughter needs $ help for university

I'm not too onboard with the "gift" crowd. If it's 60k over four years, and similar to the sister (not clear if other grandkids are in the picture) taking 120k out of retirement savings in a short period near the beginning is a huge nut that should be strongly thought out. That could wreck a retirem...
by Earl Lemongrab
Thu Nov 15, 2018 9:19 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 109
Views: 9074

Re: Granddaughter needs $ help for university

...The time to evaluate all of that was when she was in high school, not freshman year. Yes, but that time is past. This is a case of better late than never. That's what I'm saying. Switching schools might not help much if any. She could punt, quit now and reapply next summer, trying to get a schol...
by Earl Lemongrab
Thu Nov 15, 2018 8:35 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 109
Views: 9074

Re: Granddaughter needs $ help for university

Actually 15k-16k per year isn't bad for college these days. She could switch to a public university, but without a scholarship there it's not likely to save money. The time to evaluate all of that was when she was in high school, not freshman year.
by Earl Lemongrab
Thu Nov 15, 2018 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Contribution limits question (Defined Contribution Limits)
Replies: 6
Views: 349

Re: Contribution limits question (Defined Contribution Limits)

The 403(b) and 457(b) are separate plans with their own limits. Don't add them together.
by Earl Lemongrab
Thu Nov 15, 2018 4:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7841
Views: 1609884

Re: U.S. stocks in freefall

I had to Google "TA" to learn that it refers to technical analysis. I was a TA in grad school. There must be other TAs among Bogleheads. I was a Physics TA when I was a grad student back in the 80s. TA = "technical analysis"?? I believe that a TA was a grad student "teaching assistant" back then. A...
by Earl Lemongrab
Thu Nov 15, 2018 4:22 pm
Forum: Investing - Theory, News & General
Topic: Annuities
Replies: 25
Views: 2510

Re: Annuities

Actual numbers make a difference. I can tell you what I did. When I retired from Megacorp, I had a choice of a lump sum that could be rolled into an IRA or an annuity. I went with the latter. I get a better payout than buying an SPIA on the open market for the same initial sum. That's 40k/year, pret...
by Earl Lemongrab
Thu Nov 15, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7841
Views: 1609884

Re: U.S. stocks in freefall

VictoriaF wrote:
Thu Nov 15, 2018 12:39 pm
ruralavalon wrote:
Thu Nov 15, 2018 10:28 am
I had to Google "TA" to learn that it refers to technical analysis.
I was a TA in grad school. There must be other TAs among Bogleheads.
I was a Physics TA when I was a grad student back in the 80s.
by Earl Lemongrab
Wed Nov 14, 2018 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: Transfering from 401K yearly into trad IRA question
Replies: 18
Views: 821

Re: Transfering from 401K yearly into trad IRA question

To clarify, as many people said that it's up to the plan, for employEE pretax or Roth contribution it against the law to roll them over unless you are age 59-1/2. You flat out can't do it. Other contributions, like after-tax (non-Roth) or employER contributions that is at the plan discretion.
by Earl Lemongrab
Wed Nov 14, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation in Roth vs pre-tax
Replies: 8
Views: 804

Re: Asset allocation in Roth vs pre-tax

Initially it was pretty easy for me. Roth IRA was a small part of the portfolio, sized just about right to hold the REIT allocation. That needed to go into tax-advantaged and wasn't available in the 401(k), so there. Later the Roth grew a lot due to the Mega Backdoor Roth. I started putting in value...
by Earl Lemongrab
Wed Nov 14, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 23
Views: 1208

Re: DCA – change of tune, loss of nerve, and how to time?

If you received this not as cash, but a mix of stocks and bonds, would you sell everything and begin DCA? I'm trying to get at the significance, to you, of the big lump of cash . Why is it important to ease it into the allocation over a year instead of just doing it? In a year, which isn't much time...
by Earl Lemongrab
Wed Nov 14, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2428

Re: Understanding the difference in cell phone OS types

If you have an iPad you already have an Apple ID. If you go Android, you will need a Google Account/Gmail account. One extra "something" to deal with. I have a Google account but not Gmail. I won't be using any new email service. Hotmail all way. I've used the Google account for Google Groups for a...
by Earl Lemongrab
Wed Nov 14, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: DCA – change of tune, loss of nerve, and how to time?
Replies: 23
Views: 1208

Re: DCA – change of tune, loss of nerve, and how to time?

So, what happens if there's another year similar to this past one, choppy with some growth. Won't you be nervous about that 20% of your portfolio then? Are you going to sell it and start DCA again? I don't say that to be flip. Think to yourself why you are anchoring on the "current form" of the mone...
by Earl Lemongrab
Wed Nov 14, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2428

Re: Understanding the difference in cell phone OS types

I think we're deviating from topic. I'm not looking for recommendations. I want to know the differences and issues. I'm a software engineer and computer professional (ret.) but I've just never used a smart phone. I've had the pad for about 1.5 years now. I've addressed a few things above. Really I'm...
by Earl Lemongrab
Wed Nov 14, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2428

Re: Understanding the difference in cell phone OS types

If you go with an iPhone, all of your contacts, favorites, texts, emails, photos will always be sync'd with your iPad. This happens behind the scenes, and you never have to remember to do it. If you go with an android, they will not. There are other ways to accomplish some of this, but it requires ...
by Earl Lemongrab
Wed Nov 14, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 49
Views: 2428

Understanding the difference in cell phone OS types

I do not have a smart phone of any sort. I do have an iPad that I use mainly as an e-reader, for a few games, and occasional web browsing. I rarely use it for texting (Google Voice) or email (Hotmail). I am still in mind to acquire a phone in the near-ish future, so deciding on OS is a step in that ...
by Earl Lemongrab
Wed Nov 14, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Any space heaters that automatically maintain a temperature in a room!
Replies: 37
Views: 3031

Re: Any space heaters that automatically maintain a temperature in a room!

So is it more efficient to just turn the oven on/leave the oven door open? Of course that is assuming you have a gas oven and electric heater (which I do). It is also assuming you have a very small living space (which I do) otherwise the oven would not be able to heat up the living area. They gener...
by Earl Lemongrab
Tue Nov 13, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: TLH at Schwab- IXUS & VXUS
Replies: 5
Views: 359

Re: TLH at Schwab- IXUS & VXUS

Has anyone here has done a TLH at Schwab for IXUS (iShares total international ETF -tracks MSCI ACWI ex U.S. IMI Index) exchanged for VXUS (Vanguard total international ETF -tracks FTSE Global All Cap ex US Net US RIC)? I'm wondering if Schwab would flag this as a wash sale. The custodians are neve...
by Earl Lemongrab
Tue Nov 13, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 109
Views: 9074

Re: Granddaughter needs $ help for university

First question to Grandaughter "Is this an accredited school? This sounds very much like the scholarship my niece got. The $$ numbers are very close. She qualified for scholarship to a school in New York all but $15,000 worth. When niece didn't keep going after 3 years she could Not transfer any cr...