Search found 4064 matches

by Earl Lemongrab
Mon Apr 23, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 64
Views: 2888

Re: AAA? What to do in car emergencies?

With your auto insurance rider, they will reimburse you for a tow to the closest service station, and there is a maximum they will reimburse, often $75. So, when your're stuck on the road, you have to look up a tow company, and call them, wait, pay them, then submit for reimbursement. If there extr...
by Earl Lemongrab
Mon Apr 23, 2018 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend fund in taxable account during retirement, yea or nay?
Replies: 19
Views: 1454

Re: Dividend fund in taxable account during retirement, yea or nay?

Generally dividends are taxed as ordinary income, while capital gains are not. So tax-wise (at least at the margin), a dollar of dividend income is not worth as much as a dollar of capital gains income, after tax. Other than bond funds, no. First, capital gains can be either long or short term. Onl...
by Earl Lemongrab
Mon Apr 23, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 64
Views: 2888

Re: AAA? What to do in car emergencies?

Agree, and for that reason, I went back to AAA after having previously dropped them for what I thought was a service offered by my insurance company and turned out to just be reimbursement. Obviously there are differences between the way insurance companies implement their services. Mine provides a...
by Earl Lemongrab
Mon Apr 23, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 64
Views: 2888

Re: AAA? What to do in car emergencies?

I am skeptical that any other provider would have done the same. I would imagine they would call the garage they are contracted with, and I would have sat there until my turn came up. With the weather conditions, it could have been a long wait. I can't answer for all situations. My insurance compan...
by Earl Lemongrab
Mon Apr 23, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 64
Views: 2888

Re: AAA? What to do in car emergencies?

My insurance company will reimburse for towing costs BUT I have to find a towing service to come out. That is a hassle when you are in areas you are not familiar with. And in too many cases, auto insurance carriers are adding towing insurance claims to your CLUU reports which will result in higher ...
by Earl Lemongrab
Sun Apr 22, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 936
Views: 161539

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

https://www.schwab.com/public/schwab/nn/new_assets_client_award_sps.html Offer valid for Charles Schwab & Co., Inc. ("Schwab") Stock Plan Services clients who make a qualifying net deposit into an eligible retail brokerage account within 45 days of enrollment in the offer. Can someone explain to me...
by Earl Lemongrab
Sun Apr 22, 2018 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 85
Views: 9129

Re: Pension Freeze - What did you do?

Megacorp froze the pension a few years back. They substituted extra contributions (non-matching) to the 401(k). The first year was 9% of salary, ramping down each year until a base level depending on years of service. For older folks it would be 5%. I didn't hang around that long.
by Earl Lemongrab
Sun Apr 22, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale rule on final disposition
Replies: 18
Views: 679

Re: wash sale rule on final disposition

so if you stop trading by december with accumulated wash sales the losses are not deferred to the next year? the 31 days is critical for not rolling the wash sales forward into the next year? correct? It's not clear what you're asking. The end of the year only matters for realized losses. Wash sale...
by Earl Lemongrab
Sun Apr 22, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale rule on final disposition
Replies: 18
Views: 679

Re: wash sale rule on final disposition

thanks.. so loss or profit you get to declare the loss as long as you don't trade the same stock for 31 days prior to Dec 31 of that year? It's only about what you buy during the exclusion window. another iteration of this question... if you have a string of wash sales during the year.. and don't t...
by Earl Lemongrab
Sun Apr 22, 2018 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: mutual funds or etfs, why each
Replies: 21
Views: 1293

Re: mutual funds or etfs, why each

ETF transactions are done through day trading. So you have to see what price people are buying/selling at any given moment, then set your price and hope someone buys/sells it. You might have to adjust it throughout the day if the price drifts away from the price you set. This is inaccurate, or perh...
by Earl Lemongrab
Sun Apr 22, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: How to avoid a bad day on ETF conversion to MF [Mutual fund]
Replies: 11
Views: 720

Re: How to avoid a bad day on ETF conversion to MF

Are you no longer doing brokerage bonuses then? Did you find them to be too much of a hassle? I saw no other attractive enough bonuses available to me. If I ever decide to play this game again I can always convert to ETF at NAV. There were a couple of good Merrill Edge bonuses that recently expired.
by Earl Lemongrab
Sun Apr 22, 2018 11:01 am
Forum: Personal Consumer Issues
Topic: AAA? What to do in car emergencies?
Replies: 64
Views: 2888

Re: AAA? What to do in car emergencies?

Roadside assistance is pretty common in insurance policies. You might already have it. Check your policy. I've used mine in the past. With mine, it works similar to AAA, you call one number and they find and dispatch someone to your location.
by Earl Lemongrab
Sat Apr 21, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Uncertain what to do about trust distribution
Replies: 5
Views: 572

Re: Uncertain what to do about trust distribution

First of all, this ain't market high. Secondly, there have been many times where the market was at an all-time high, and the market has never been that low again.

Like I often ask, why do you think you have some talent for timing the market?
by Earl Lemongrab
Sat Apr 21, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Recreating VFINX cost basis?
Replies: 6
Views: 410

Re: Recreating VFINX cost basis?

I'm going to assume that "realized gains" means "distributions". First of all, where is the asset held? Often the custodian can let you know what the cost basis is. For non-covered shares, this isn't guaranteed nor reported to the IRS, but it's a likely source of information. I did reconstruct the b...
by Earl Lemongrab
Sat Apr 21, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Why is a share price for Schwab much cheaper than Vanguard?
Replies: 10
Views: 1064

Re: Why is a share price for Schwab much cheaper than Vanguard?

ETF are a different matter. Since you can't buy fractional shares on an ETF (only whole), lower ETF prices offer more granularity with less cash left over than higher priced ETFs, but the actual shares will still appreciate/depreciate at the same rate. Right. Especially so in IRAs, where you have a...
by Earl Lemongrab
Sat Apr 21, 2018 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing
Replies: 8
Views: 551

Re: New to Investing

I never do automatic reinvestment. There are two reasons: 1. I use ETFs outside of the 401(k). Auto results in fractional shares that cause some extra annoyance when you transfer, as those have to be sold. I transfer frequently. I prefer to buy whole shares. 2. I use new money, including dividends, ...
by Earl Lemongrab
Sat Apr 21, 2018 2:13 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 110
Views: 6045

Re: I’m still not a fan of international bond funds

lack_ey wrote:
Sat Apr 21, 2018 2:07 pm
Earl Lemongrab wrote:
Sat Apr 21, 2018 2:05 pm

Your quote doesn't show any EE bonds. Looks like you flubbed the copy/paste.
Looks like it's edited now to include EM
Based on the edit timestamp, he picked up the error while I working on the post. It happens.
by Earl Lemongrab
Sat Apr 21, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum vs Dollar-cost average in 2018?
Replies: 7
Views: 772

Re: Lump sum vs Dollar-cost average in 2018?

The number one principle of my investing plan is that I have NO skills at market timing. It appears that you think you do. Why is that? In fact, why DCA just new money? Sell everything and DCA that.
by Earl Lemongrab
Sat Apr 21, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 110
Views: 6045

Re: I’m still not a fan of international bond funds

bobcat2 wrote:
Sat Apr 21, 2018 2:01 pm
I'm quoting from your book. The book you wrote. Are you making a distinction between emerging market debt and emerging market bonds?

BobK
Your quote doesn't show any EE bonds. Looks like you flubbed the copy/paste.
by Earl Lemongrab
Sat Apr 21, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 898

Re: How do you compare VNQ vs SP500?

Your goal isn't clear. It seems like you want to diversify US large cap stocks with other funds, but with ones that behave just like them. So what is the point? Normally you want your diversifiers to behave differently. If you're a contrarian, then the fact that REITs have lagged large cap lately mi...
by Earl Lemongrab
Sat Apr 21, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: wash sale rule on final disposition
Replies: 18
Views: 679

Re: wash sale rule on final disposition

All the wash does is change the basis of the "replacement shares". You can sell those for loss if they are in taxable.
by Earl Lemongrab
Sat Apr 21, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 110
Views: 6045

Re: I’m still not a fan of international bond funds

I didn't bother with them. I wasn't really convinced of the purpose, but more importantly I had all of my fixed-income in the 401(k). The only international bond fund there was a relatively expensive active one.
by Earl Lemongrab
Sat Apr 21, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: White Coat Investor Interviews Paul Merriman
Replies: 8
Views: 2289

Re: White Coat Investor Interviews Paul Merriman

I remember when Merriman's site had market-timing indicators. I think there were four arrows for different allocation slices, up or down. I used to look at them, but never did anything about it. I did use his recommendations on the Megacorp 401(k). Those are still there. https://paulmerriman.com/fin...
by Earl Lemongrab
Sat Apr 21, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: Mega Backdoor & Pro rata rule
Replies: 10
Views: 664

Re: Mega Backdoor & Pro rata rule

I've been doing this for years. Now, my 401(k) has a high proportion of fixed-income, which has only grown over the past ten years as stocks in other accounts increase. I would put the after-tax in at the end of the year (the plan just switches when the deferral limit is reached) and target rolling ...
by Earl Lemongrab
Sat Apr 21, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Savings Bonds
Replies: 18
Views: 2039

Re: Question about Savings Bonds

I had one year where I declared the interest in year of maturity, but cashed it the next. You just account for that on your tax return. I'm confused. Why would you report the interest in the year of maturity but not redeem the bonds? Why did I procrastinate going to the bank with the first ever bat...
by Earl Lemongrab
Sat Apr 21, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payment frequency - Monthly vs. Weekly
Replies: 15
Views: 1772

Re: Mortgage payment frequency - Monthly vs. Weekly

The week-based payment scheme means you make one extra payment per year (52/4 == 13). So you can just make one extra payment. That's the easiest way. I wouldn't mess with any change to my payment method nor paying a little extra as that is more likely to cause a problem. That being said, I wouldn't ...
by Earl Lemongrab
Fri Apr 20, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Questions about mega backdoor Roth
Replies: 15
Views: 1329

Re: Questions about mega backdoor Roth

retiredjg wrote:
Fri Apr 20, 2018 8:00 am
Earl Lemongrab wrote:
Thu Apr 19, 2018 9:40 am
No, you have to apply for a hardship. The plan administration makes the determination.
Thank you for that information. I'm very surprised it works that way.
Otherwise the IRS would need to do all the work of evaluating the hardship requests. And after the fact.
by Earl Lemongrab
Fri Apr 20, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: Bloomberg article on lump sum vs dollar cost averaging
Replies: 33
Views: 3187

Re: Bloomberg article on lump sum vs dollar cost averaging

Really poor analogy. It's not a set of bad incidents and you remove one. It's a bag full of good and bad incidents, with MORE good than bad. By passing on pulling something out of the bag, you miss good things more often than bad. You certainly miss the worst. That's the entire point. Cost averagin...
by Earl Lemongrab
Thu Apr 19, 2018 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Is Rollover + $6500 contrib in 2018 ok?
Replies: 9
Views: 715

Re: Is Rollover + $6500 contrib in 2018 ok?

You should split the rollover and have the after-tax go into a Roth IRA.
by Earl Lemongrab
Thu Apr 19, 2018 11:29 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg article on lump sum vs dollar cost averaging
Replies: 33
Views: 3187

Re: Bloomberg article on lump sum vs dollar cost averaging

But what do you do when it's all in? From that point onward I'm exposed to the same risk as the lump sum investor. Seems like you guys don't consider risk as a cumulative variable. You and I can be playing russian roulette. I remove the bullet the first two rounds we play and then play another 8 wi...
by Earl Lemongrab
Thu Apr 19, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg article on lump sum vs dollar cost averaging
Replies: 33
Views: 3187

Re: Bloomberg article on lump sum vs dollar cost averaging

If you randomly select one day in a year and invest that day, there is a 1/250 chance that you picked the worst possible day that year. There also is a 1/25 chance you picked one of the worst 10 days of the year. If you cost average making, let's say, 12 purchases, at worst you make that mistake wi...
by Earl Lemongrab
Thu Apr 19, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Bloomberg article on lump sum vs dollar cost averaging
Replies: 33
Views: 3187

Re: Bloomberg article on lump sum vs dollar cost averaging

Moto, I think that's fine if we're talking about something like your year end bonus. But what if you get a once in a lifetime injection of cash, as might be the case with an inheritance or the sale of a business. Would you lump sum that money as well? Well, I would, but after reassessing my asset a...
by Earl Lemongrab
Thu Apr 19, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRA rollover to 401k question
Replies: 11
Views: 519

Re: IRA rollover to 401k question

Did you file form 8606 back then to record the non-deductible contributions? If not, then it didn't happen as far as the IRS is concerned. You can file those in arrears, but I'd do that first. Or give up on the long-ago contributions and pay taxes on them again.
by Earl Lemongrab
Thu Apr 19, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Open Office Calc problem
Replies: 17
Views: 1158

Re: Open Office Calc problem

SittingOnTheFence wrote:
Thu Apr 19, 2018 12:50 pm
Have you checked to see if you have latest version of OO?
I don't, but I'm close.
by Earl Lemongrab
Thu Apr 19, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 936
Views: 161539

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

If one was to transfer over 100k to the ally brokerage from the ally savings I would imagine it to be a smooth process. However, for an emergency fund where could one park the money to keep a comparable rate that it was getting in the ally savings? Maybe not worth the hassle for 300$? Likely you wo...
by Earl Lemongrab
Thu Apr 19, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Questions about mega backdoor Roth
Replies: 15
Views: 1329

Re: Questions about mega backdoor Roth

Just as a matter of how things work....obviously the 401k provider can't prevent a withdrawal because it might fall under one of the hardship exceptions and they can't be expected to make rulings on that. If that is true, how can withdrawals NOT be made? No, you have to apply for a hardship. The pl...
by Earl Lemongrab
Thu Apr 19, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Open Office Calc problem
Replies: 17
Views: 1158

Re: Open Office Calc problem

This is likely to be your best path to success. If I've read your original problem correctly, you are wanting to update references in File A when File B changes, and I could see why Calc may not monitor for that (e.g. what would it do if File A was closed when File B changed). Calc does monitor for...
by Earl Lemongrab
Wed Apr 18, 2018 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about mega backdoor Roth
Replies: 15
Views: 1329

Re: Questions about mega backdoor Roth

I'm not sure it is against the law, but it is strongly discouraged by a 10% penalty in addition to whatever tax you would owe. There are some exceptions that would eliminate the penalty but not eliminate the tax. There are no exceptions for eligible rollovers, which is why I specified that. Hardshi...
by Earl Lemongrab
Wed Apr 18, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: Perks of Owning Certain Individual Stocks
Replies: 28
Views: 3099

Re: Perks of Owning Certain Individual Stocks

boomergeneration wrote:
Wed Apr 18, 2018 6:58 pm
Starbucks gives out a bag of coffee beans at their annual meeting. They used to give a goodie bag with a Starbucks mug, a pound of coffee and some other treats but this year they downsized.
This year maybe free sensitivy training for all.
by Earl Lemongrab
Wed Apr 18, 2018 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Savings Bonds
Replies: 18
Views: 2039

Re: Question about Savings Bonds

I had one year where I declared the interest in year of maturity, but cashed it the next. You just account for that on your tax return.
by Earl Lemongrab
Wed Apr 18, 2018 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 3721

Re: Best cash back card right NOW.

Does ME charge any additional fees? Any disadvantage to having funds with them? No. If I had to choose one brokerage that would be it. Actually now that I look closer, its not really much of a gain over just using an Alliant CC for general use with Uber CC for 4% restaurants, Amex BCP for 6% grocer...
by Earl Lemongrab
Wed Apr 18, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover questions in preperation for Backdoor Roth
Replies: 6
Views: 398

Re: Rollover questions in preperation for Backdoor Roth

There is no such thing as a backdoor Roth. While that particular phrase might not be found in the US Code, it can be found in many places, including Backdoor Roth IRA - Bogleheads . Which is probably known to you, so this is merely to avoid causing any angst in the OP. I think I explained pretty we...
by Earl Lemongrab
Wed Apr 18, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Are you keeping more in cash?
Replies: 31
Views: 4219

Re: Are you keeping more in cash?

I don't try to outguess that market, and that includes fixed-income. About half of my FI is in stable-value (20% overall) which has some cash properties. The rest is in bond index. In theory, if interest rates go up a lot in short order, the bond index shares would drop in value (with higher yield) ...
by Earl Lemongrab
Wed Apr 18, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 1579

Re: Please help me with arguments for/against actively managed...

What is the purpose of the "debate"? Are you thinking of changing? Otherwise, just don't discuss it.
by Earl Lemongrab
Wed Apr 18, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 4275

Re: PC laptops

Yeah, I have a Google account but not Gmail.
by Earl Lemongrab
Wed Apr 18, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover questions in preperation for Backdoor Roth
Replies: 6
Views: 398

Re: Rollover questions in preperation for Backdoor Roth

Nothing in the TIRA "prevents" you from doing anything. There is no such thing as a backdoor Roth. There are only contributions and conversions. The conversion rule says that any pretax balances in certain IRAs must be included in the conversion. What's the pretax balance? 0. If there happened to be...
by Earl Lemongrab
Wed Apr 18, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Questions about mega backdoor Roth
Replies: 15
Views: 1329

Re: Questions about mega backdoor Roth

In fact it's against the law for you to take a rollover distribution of the pretax or Roth contributions unless you're age 59-1/2.
by Earl Lemongrab
Wed Apr 18, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Open Office Calc problem
Replies: 17
Views: 1158

Re: Open Office Calc problem

Would it be possible just to copy the entire data sheet to a separate tab in your spreadsheet to get rid of the links? I used to use links a lot, now I avoid them unless absolutely necessary. That looks very promising. I did an experiment and it seemed to do what I wanted. That shouldn't be too bad...
by Earl Lemongrab
Wed Apr 18, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: Open Office Calc problem
Replies: 17
Views: 1158

Re: Open Office Calc problem

kithwang wrote:
Wed Apr 18, 2018 1:59 pm
Uninstall and reinstall or go to another computer. I don't have that problem. You may have changed permissions somewhere.
I don't understand. Do you actually understand my problem? Can you describe it back to me?
by Earl Lemongrab
Wed Apr 18, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Open Office Calc problem
Replies: 17
Views: 1158

Re: Open Office Calc problem

bob60014 wrote:
Wed Apr 18, 2018 1:35 pm
Be sure you have a backup of the original and keep it safe before you start playing! :)
Well, sure. In fact each month I just copy the entire folder to a new one before I start updating.