Search found 6216 matches

by Earl Lemongrab
Sat Jan 19, 2019 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Would You Rather (Conversion vs Mega Backdoor Edition)
Replies: 7
Views: 554

Re: Would You Rather (Conversion vs Mega Backdoor Edition)

changingtimes wrote:
Sat Jan 19, 2019 7:52 pm
Yes, 3% match. (Though isn't the full limit technically $62k since I can do $6k in catch-up contributions?)
Well, the catch-up really just has its own space. I ignored it entirely. I just considered the 19k and 33k numbers.
by Earl Lemongrab
Sat Jan 19, 2019 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Ny 457 plan: bond index fund or stable fund
Replies: 19
Views: 770

Re: Ny 457 plan: bond index fund or stable fund

Will, do you see any reason for me to change from the bond fund to the stable fund? I like keeping things simple but I noticed the stable fund return was 2% better. I'm looking to keep things simple and not make many changes long term. You mean over the short term. Bonds took a bit of hit, and most...
by Earl Lemongrab
Sat Jan 19, 2019 8:03 pm
Forum: Investing - Help with Personal Investments
Topic: Ny 457 plan: bond index fund or stable fund
Replies: 19
Views: 770

Re: Ny 457 plan: bond index fund or stable fund

That fund is a stable income fund, not a stable value fund. Big difference. A stable income fund is basically just a bond fund that generally has a short duration. That doesn't seem to correlate with the fund sheet you posted: The Stable Income Fund (the "Fund") is a plan investment option that see...
by Earl Lemongrab
Sat Jan 19, 2019 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Would You Rather (Conversion vs Mega Backdoor Edition)
Replies: 7
Views: 554

Re: Would You Rather (Conversion vs Mega Backdoor Edition)

Extra Roth now would be my vote. You might have a better opportunity in the future for conversions.

One thing, you didn't mention any employer contributions. The 415c limit for 2019 is 56k, and your outline has about 52k in contributions. Is the extra 4k for employer?
by Earl Lemongrab
Sat Jan 19, 2019 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Ny 457 plan: bond index fund or stable fund
Replies: 19
Views: 770

Re: Ny 457 plan: bond index fund or stable fund

What are the actual numbers? I know some NY plans have outsized guaranteed rates on stable-value. I have my fixed split between bond index and SV, but that's a relatively modest rate fund.
by Earl Lemongrab
Sat Jan 19, 2019 2:29 pm
Forum: Investing - Theory, News & General
Topic: What active management stock funds would you own?
Replies: 70
Views: 3624

Re: What active management stock funds would you own?

Stock funds? None. I do have the stable-value fund in my 401(k).
by Earl Lemongrab
Sat Jan 19, 2019 2:26 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing portfolio using "bands"?
Replies: 13
Views: 620

Re: Rebalancing portfolio using "bands"?

I have been using the 5/25 ranges since I developed my portfolio in 2007. Other than that kerfuffle in 2008-2009 I haven't need to do any "rebalancing" in the form of sell something and buy something else. My new contributions have been enough to keep sub-allocations within the ranges by directing n...
by Earl Lemongrab
Sat Jan 19, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2299
Views: 399823

Re: What are you up YTD? [Year To Date]

J G Bankerton wrote:
Sat Jan 19, 2019 1:47 pm
TheTimeLord wrote:
Sat Jan 19, 2019 12:31 pm
S&P 500 up 6.54% for the year, I am up far less than that.
Fees and cash holdings eat into returns.
US large stocks have outperformed international slightly and bonds significantly. That's going to be your difference for the most part.
by Earl Lemongrab
Sat Jan 19, 2019 1:47 pm
Forum: Investing - Theory, News & General
Topic: International Allocation and Siamond's "Investing in the World" Series
Replies: 24
Views: 1121

Re: International Allocation and Siamond's "Investing in the World" Series

Oh. I thought it said, "Investing in the World Series". So, nothing to do with baseball.
by Earl Lemongrab
Sat Jan 19, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much money did you receive from family? (Gifts/inheritance)
Replies: 96
Views: 9417

Re: How much money did you receive from family? (Gifts/inheritance)

$0 as of time of this post. However, I had a chance to help my father (mid 70's) go over his retirement accounts this past year, upon his request. The large sum of money and accompanied trust surprisingly left my very uneasy. I can't explain it. After 25 years of planning and grinding for a healthy...
by Earl Lemongrab
Sat Jan 19, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 44
Views: 3079

Re: Schwab to Vanguard ?

Doesn't Vanguard have commissions on individual stocks? I wouldn't sell them there if so. Depends on how much you have there. At different asset levels you get some free trades. Easily could be more than 16. Better tax efficiency could add up to more money than the commissions even if you did have ...
by Earl Lemongrab
Sat Jan 19, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another Solo 401k vs SEP question
Replies: 16
Views: 692

Re: Yet another Solo 401k vs SEP question

It doesn't really matter about Roth contributions. As you're maxing your pretax in a work plan, there is no room left for employee contributions. Employer contributions must be pretax, not Roth. I don't know if any off-the-shelf i401(k)s have Roth accounts and in--plan conversion. The employer preta...
by Earl Lemongrab
Sat Jan 19, 2019 12:44 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1458
Views: 238381

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Partial. I usually do that, and always at TDA because they immediately close the account and block access to documents on a full transfer. In this case the 200k from each was significantly less than the total. Is it possible to get another TDA bonus with an existing account, or does everything have...
by Earl Lemongrab
Fri Jan 18, 2019 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: overcontributed 401k
Replies: 14
Views: 727

Re: overcontributed 401k

Every plan will have its own set of rules. At Megacorp, they would switch to after-tax when the deferral limit was reached. They would also match after-tax, so there was no concern about losing matching. There was a limit of salary that you could contribute, 30% the last few years I was working. So ...
by Earl Lemongrab
Fri Jan 18, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1662

Re: [Wash sale concern - Are these stocks substantially identical?]

Vanguard refers to these as the "same fund" and the IRS do not consider such an exchange of share classes in the same fund to be a taxable event. Kind of hard to tax-loss harvest a non-taxable event - at least in the fund to ETF direction which Vanguard allows. That's only for conversion. Nothing w...
by Earl Lemongrab
Fri Jan 18, 2019 4:33 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1458
Views: 238381

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Damn...looks like the $1000 Merrill Edge offer expired https://www.merrilledge.com/offers/1000offer So these are the ones still active? $900 - https://www.merrilledge.com/offers/900offer $600 - https://www.merrilledge.com/cmaoffer Look for the expiry date. it's April 30th for the $900 offer. Not su...
by Earl Lemongrab
Fri Jan 18, 2019 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 46
Views: 1521

Re: Differences in Investment Approach

dbr wrote:
Fri Jan 18, 2019 2:48 pm
Earl Lemongrab wrote:
Fri Jan 18, 2019 2:47 pm
Wash sales. Especially "wash sales in 401(k), yes or no?"
Right, and more specifically "Are these two investments substantially identical?"
That's because there's little real information, so everyone has an opinion. And you know what "they" say about those.
by Earl Lemongrab
Fri Jan 18, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Rewards Visa -- predatory lending?
Replies: 38
Views: 4337

Re: Amazon Rewards Visa -- predatory lending?

That was unnecessary and missing out on some of the benefit of credit cards. I have alerts set up for payment due, then I go and check the transactions. After that I pay the statement amount. What benefit would I be missing out on? :confused The Float. You're paying some of that 30 days early, so y...
by Earl Lemongrab
Fri Jan 18, 2019 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Differences in Investment Approach
Replies: 46
Views: 1521

Re: Differences in Investment Approach

Wash sales. Especially "wash sales in 401(k), yes or no?"
by Earl Lemongrab
Fri Jan 18, 2019 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: overcontributed 401k
Replies: 14
Views: 727

Re: overcontributed 401k

Conversions are not contributions. You can make after-tax contributions in excess of the deferral limit and (if the plan allows) roll out to a Roth IRA or convert to Roth 401(k). That not be affected by contribution limits other than the overall limit for a 401(k). This is known as the "Mega Backdoo...
by Earl Lemongrab
Fri Jan 18, 2019 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: No 401K match new employer
Replies: 20
Views: 1180

Re: No 401K match new employer

See if you 401k will do in-service rollovers to an IRA. Unless the OP is age 59-1/2, the law prohibits in-service rollovers of employee deferrals or Roth contributions. So unless after-tax contributions are permitted, then this is a non-starter. True, but worth checking to avoid the fees. You can M...
by Earl Lemongrab
Fri Jan 18, 2019 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 44
Views: 3079

Re: Schwab to Vanguard ?

Doesn't Vanguard have commissions on individual stocks? I wouldn't sell them there if so. Then again, I never move anything anywhere unless the new custodian is paying for it. Good points. The transfer has no fees, but the commissions to buy or sell individual stocks is $7 per trade at Vanguard and...
by Earl Lemongrab
Fri Jan 18, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Rewards Visa -- predatory lending?
Replies: 38
Views: 4337

Re: Amazon Rewards Visa -- predatory lending?

I was just about to sign up for an Amazon card so this is good to know. I never knew about these rules of credit cards. I usually pay my credit cards in full so this shouldn't be an issue. I have a question...Is it the statement balance that needs to be paid off in full or the current balance in or...
by Earl Lemongrab
Fri Jan 18, 2019 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1662

Re: [Wash sale concern - Are these stocks substantially identical?]

Appreciate your opinion, I’m not wildly opposed to it. Would VTSMX to VTI have been a wash in your view given the difference in ER (but same share class)? I think you meant same fund, different share class. I think those almost have to be substantially identical, because Vanguard can already do tax...
by Earl Lemongrab
Fri Jan 18, 2019 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: No 401K match new employer
Replies: 20
Views: 1180

Re: No 401K match new employer

pdavi21 wrote:
Fri Jan 18, 2019 12:24 am
See if you 401k will do in-service rollovers to an IRA.
Unless the OP is age 59-1/2, the law prohibits in-service rollovers of employee deferrals or Roth contributions. So unless after-tax contributions are permitted, then this is a non-starter.
by Earl Lemongrab
Fri Jan 18, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 71
Views: 8389

Re: pros and cons of target date funds?

I don't use them for a few reasons: 1. They don't fit my desired asset allocation. 2. My portfolio is about 45% taxable and I don't want tax-inefficient holdings there. 3. My 401(k) has great low-cost index CITS, but the TD equivalent funds are not so great. 4. I don't want to use Roth space for bon...
by Earl Lemongrab
Fri Jan 18, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Rewards Visa -- predatory lending?
Replies: 38
Views: 4337

Re: Amazon Rewards Visa -- predatory lending?

I was just about to sign up for an Amazon card so this is good to know. I never knew about these rules of credit cards. I usually pay my credit cards in full so this shouldn't be an issue. I have a question...Is it the statement balance that needs to be paid off in full or the current balance in or...
by Earl Lemongrab
Fri Jan 18, 2019 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover - why checks instead of wiring funds?
Replies: 41
Views: 2294

Re: Rollover - why checks instead of wiring funds?

To the OP: 'rollover' is not the correct term if you're going from one firm to the other. That is a transfer. https://www.theentrustgroup.com/blog/difference-transfers-from-rollovers That's not correct. You can do custodian transfers of IRAs that are not rollovers, but you can certainly do rollover...
by Earl Lemongrab
Fri Jan 18, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 95
Views: 7334

Re: When would you stop being a Boglehead?

heyyou wrote:
Fri Jan 18, 2019 12:00 pm
All index, but slice and dice, and not at VG, so I'm not sure that I have ever been in the club.
Why do you think that you're not in the club? That pretty well describes my investing, and I certainly consider myself to be a Boglehead.
by Earl Lemongrab
Fri Jan 18, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab to Vanguard ?
Replies: 44
Views: 3079

Re: Schwab to Vanguard ?

Doesn't Vanguard have commissions on individual stocks? I wouldn't sell them there if so. Then again, I never move anything anywhere unless the new custodian is paying for it. I did two transfers from TD Ameritrade to Merrill Edge for $1000 bonuses, one in taxable and the other in Roth. I was able t...
by Earl Lemongrab
Fri Jan 18, 2019 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 52
Views: 4787

Re: Does anyone have entire 401K in bonds?

I think some people are answering the question as if it were, "Does anyone have all of their bonds in 401(k)?" That's not the same as the question asked in the OP.
by Earl Lemongrab
Fri Jan 18, 2019 12:48 am
Forum: Investing - Help with Personal Investments
Topic: Rollover - why checks instead of wiring funds?
Replies: 41
Views: 2294

Re: Rollover - why checks instead of wiring funds?

Original poster here. Wow! Thanks so much for all of your replies. It really does feel archaic to do it this way, but if that's what you gotta do, that's what you gotta do. What happens if the check gets lost in transit? I realize that is an unlikely scenario, but it's still possible. As someone sa...
by Earl Lemongrab
Fri Jan 18, 2019 12:43 am
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1662

Re: [Wash sale concern - Are these stocks substantially identical?]

It is interesting that Vanguard does not track transactions in a 401K regarding Wash Sale issues.. Why would they? As is evident, there's no agreement on whether there can even BE wash sales. Why would they risk getting it wrong? The law requires the custodian to report wash sales in the same accou...
by Earl Lemongrab
Thu Jan 17, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1458
Views: 238381

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Can I get the $900 transfer bonus to Merrill Edge with a combination of taxable and IRA accounts? Or does it all have to be for one account? Usually it's per account, but it's worth contacting them to see. I'm sure people have reported getting offers spread over accounts, with the bonus pro-rata, b...
by Earl Lemongrab
Thu Jan 17, 2019 2:50 pm
Forum: Personal Consumer Issues
Topic: Gas station prices and quality
Replies: 96
Views: 8918

Re: Gas station prices and quality

Interestingly, the Shell station I used to go to, which had the convenience store branded Circle K, has now dropped all Shell signage and shows Circle K on the pumps. I don't know which gas they're selling there now.
by Earl Lemongrab
Thu Jan 17, 2019 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy Company Stock in 401(k)
Replies: 8
Views: 530

Re: Should I buy Company Stock in 401(k)

Costs the least? You mean the share prices is the lowest? What does that have to do with anything?

If you didn't work there, would you be buying this stock? If not, then why does working there change anything?
by Earl Lemongrab
Thu Jan 17, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3851

Re: Fun with Amazon

mhadden1 wrote:
Thu Jan 17, 2019 2:39 pm
Earl Lemongrab wrote:
Thu Jan 17, 2019 1:35 pm
Of course. A couple of people have decide to impute some nefarious reason to that, which doesn't exist.
It just occurred to me - Earl Lemongrab is probably not your real name. Another cherished misconception shot to hell.
Ya think?
by Earl Lemongrab
Thu Jan 17, 2019 2:34 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3851

Re: Fun with Amazon

an_asker wrote:
Thu Jan 17, 2019 1:42 pm
Earl Lemongrab wrote:
Thu Jan 17, 2019 1:35 pm
wolf359 wrote:
Thu Jan 17, 2019 1:30 pm
OP put all names in quotes. Even "Anita."
Of course. A couple of people have decide to impute some nefarious reason to that, which doesn't exist.
Are you saying that we should now refer to you as "Earl" or "Lemongrab" or "Earl Lemongrab"? :oops:
Unacceptable!!
by Earl Lemongrab
Thu Jan 17, 2019 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 51
Views: 2633

Re: What are some disadvantages to TLH?

Valid but I did want to point out that IJS and VIOV follow identical indices and thus by most peoples conservative approach they are not suitable TLH partners; would be like trading SPY for VOO. Some of us believe (mostly based on old IRS publications) that funds from different companies will not b...
by Earl Lemongrab
Thu Jan 17, 2019 1:48 pm
Forum: Investing - Theory, News & General
Topic: When would you stop being a Boglehead?
Replies: 95
Views: 7334

Re: When would you stop being a Boglehead?

If I were concerned about my ability to manage the accounts, I wouldn't go to one of those full-service brokers. They'll rob you when you're completely competent, let alone having trouble. Their goal is to get both trotters into your trough. Having a large account just gives a bigger trough and an o...
by Earl Lemongrab
Thu Jan 17, 2019 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: What is US Bank up to?! Easy Checking Secret Changes!
Replies: 11
Views: 1339

Re: What is US Bank up to?! Easy Checking Secret Changes!

I have had a US Bank account for many years. Originally it was the Easy checking. A while back they started charging $2 for paper statements. I looked at the account types, and noticed that the Gold only required a credit card, which I was thinking of getting anyway for the $150 bonus. That account ...
by Earl Lemongrab
Thu Jan 17, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3851

Re: Fun with Amazon

wolf359 wrote:
Thu Jan 17, 2019 1:30 pm
OP put all names in quotes. Even "Anita."
Of course. A couple of people have decide to impute some nefarious reason to that, which doesn't exist.
by Earl Lemongrab
Thu Jan 17, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another wash sale question - buy/sale accross retirement and taxable accounts
Replies: 5
Views: 363

Re: Yet another wash sale question - buy/sale accross retirement and taxable accounts

Rkhusky is saying things that he believes but have no basis in the law or IRS regulations. The only retirement trusts that the IRS has issued ANY guidance for are IRAs. Specific language including those now appears in the IRS instructions and publications. For quite a while there, it seemed as thoug...
by Earl Lemongrab
Thu Jan 17, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3851

Re: Fun with Amazon

I don't understand why you have put names in quotes. I noticed the same thing. I doubt if John, Bill, and Sarah had answered the chats that the names would be in quotes. That's wrong. I would think it more likely those were fake. Do you think I quoted them for some racist reason? I did it because I...
by Earl Lemongrab
Thu Jan 17, 2019 1:06 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3851

Re: Fun with Amazon

I generally assume that these chat reps are not using their real names. Maybe Vivek. Don't you think they would use different names if they have to use fake names, to service someone in North America. I don't know. I assume any names in chat are probably made up. Also most customer service on the p...
by Earl Lemongrab
Thu Jan 17, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1662

Re: [Wash sale concern - Are these stocks substantially identical?]

Assuming the 80% was "real" and it referred to the number of stocks in the fund then Vanguard Large Cap Index Fund Investor Shares VLACX might be substantially identical to a Russell 1000 fund but it would not be identical to an S&P 500 or a Russell 2000 or several more.. I don't know if it meant n...
by Earl Lemongrab
Thu Jan 17, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: Fun with Amazon
Replies: 35
Views: 3851

Re: Fun with Amazon

I don't understand why you have put names in quotes. I generally assume that these chat reps are not using their real names. Maybe Vivek. I would say if they said they will send you a credit, they in all likelihood will. Nothing so far, but they'll hear about if it doesn't show. Are you unhappy tha...
by Earl Lemongrab
Thu Jan 17, 2019 12:26 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1458
Views: 238381

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

With Ally, be aware that the brokerage bonus is a once-in-a-lifetime thing. That also includes Tradeking bonuses from before the merger.
by Earl Lemongrab
Thu Jan 17, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: [Wash sale concern - Are these stocks substantially identical?]
Replies: 49
Views: 1662

Re: [Wash sale concern - Are these stocks substantially identical?]

There's never been an identified case of the IRS declaring a wash between different mutual funds for an individual taxpayer. One contributor here claimed that their company worked with IRS auditors about transactions that they did, and were told that there needs to be less than 80% overlap. I don't ...