Search found 55 matches

by Pepper11
Fri Jan 17, 2020 10:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 3151
Views: 301404

Re: U.S. stocks continue to soar!

Rebalancing would decrease risk in a rising market as you are adding bonds. Rebalancing would increase risk in a falling market as you are adding stocks. That raises an interesting question: is it a good idea to increase risk in a falling market? I would think the opposite -- as your wealth decreas...
by Pepper11
Fri Jan 17, 2020 9:17 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 3151
Views: 301404

Re: U.S. stocks continue to soar!

Rebalancing would decrease risk in a rising market as you are adding bonds. Rebalancing would increase risk in a falling market as you are adding stocks. That raises an interesting question: is it a good idea to increase risk in a falling market? I would think the opposite -- as your wealth decreas...
by Pepper11
Fri Jan 17, 2020 5:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 3151
Views: 301404

Re: U.S. stocks continue to soar!

Rebalancing would decrease risk in a rising market as you are adding bonds.

Rebalancing would increase risk in a falling market as you are adding stocks.
by Pepper11
Wed Jan 01, 2020 3:16 pm
Forum: Personal Investments
Topic: Switching to all Growth
Replies: 13
Views: 808

Re: Switching to all Growth

Thank you. If they are qualified makes sense to just still with Total Market.
by Pepper11
Wed Jan 01, 2020 3:01 pm
Forum: Personal Investments
Topic: Switching to all Growth
Replies: 13
Views: 808

Switching to all Growth

There seems a consensus on this forum and Total Stock Market is the most tax efficient way to go in a taxable account, but I am second guessing this strategy. I have the majority of my retirement assets in a taxable account and Vanguard TSM dividend looks to be around 2% of total asset. In a high ta...
by Pepper11
Sat Dec 07, 2019 9:30 pm
Forum: Investing - Theory, News & General
Topic: Wellington vs Total Market in Taxable.
Replies: 12
Views: 1780

Wellington vs Total Market in Taxable.

There is a general consensus on this forum that Wellington is a great fund if you are OK with going the actively managed route. Yet there is also a general consensus on this forum that Wellington is an utterly terrible thing to put in a taxable account. I searched and read at least 10 threads where ...
by Pepper11
Sat Nov 16, 2019 7:19 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 12832

Re: Investing $140k in cash at 1k per week

mike152 wrote:
Mon Nov 11, 2019 2:48 pm
Question: If you had 140k already invested today, would you withdraw all of it in cash now, and slowly reinvest? Or, just leave it?
Wouldn't you have to pay capital gains taxes?

Its apples to oranges.
by Pepper11
Sat Oct 26, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 7235

Re: Is principal portion of mortgage counted for savings rate purposes?

If someone used funds to buy shares in a REIT, would you say that they aren't saving? I don't consider investing and saving to be the same thing. So stashing extra cash under the mattress at a negative 2% return due to inflation is savings, but investing it in Total market at a 6% real return is not?
by Pepper11
Sat Oct 26, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 7235

Re: Is principal portion of mortgage counted for savings rate purposes?

I have seen this discussed a few times on this board, and I cant wrap my head around how putting money into something that increases your net worth by decreasing a liability (such as principle in the mortage or a student loan) would not be considered savings. If this is true, there should never be a...
by Pepper11
Mon Oct 14, 2019 8:40 pm
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 71
Views: 6147

Re: How often do you look at your IRA or 401K Balances

Look every day at 6 pm when vanguard updates. Good news more days than not. Why wouldn't you want to look and see you made more than your ordinary income.
by Pepper11
Thu Aug 22, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying credit card "current balance" vs. "statement balance"
Replies: 48
Views: 4824

Re: Paying credit card "current balance" vs. "statement balance"

As I make purchase with my card, I pay them off weekly :happy I am very surprised at the number of people who make interim (during statement cycle) payments on their cards. I would think that making a weekly payment is a lot of bother. As long as the statement balance is paid prior to its due date ...
by Pepper11
Thu Aug 15, 2019 9:03 pm
Forum: Non-US Investing
Topic: Is small caps necessary ?
Replies: 13
Views: 2061

Re: Is small caps necessary ?

I am selling them all. They are garbage. About to TLH on all my small caps, and there are plenty of losses! In the red since 2016. Bail while you can.
by Pepper11
Sat Aug 10, 2019 11:17 pm
Forum: Investing - Theory, News & General
Topic: Small Value Tilting Increases Exposure To Unknown Risks?
Replies: 7
Views: 879

Re: Small Value Tilting Increases Exposure To Unknown Risks?

I was tilting small value and it was a terrible drag on the portfolio. Switched the tilt to large growth and things are much nicer.
by Pepper11
Sun Aug 04, 2019 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 136
Views: 11911

Re: Is our spending crazy?

OP is saving well over 50% net income. I would consider that plenty. Keep it up!
by Pepper11
Fri Jul 19, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: 2012 Infinity G37 Sedan maintenance costs
Replies: 24
Views: 2627

Re: 2012 Infinity G37 Sedan maintenance costs

I have a 2012 G37 with about 100k. It really is a great car. Only one maintence issue - cruise control mechanism went out - so I was out about $500 bucks there. Otherwise, a super fast and fun car. Voice rec is horrible for the voice commend, but other than that no complaints. I use the midgrade gas...
by Pepper11
Thu Jul 18, 2019 10:55 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting while reinvesting dividens
Replies: 12
Views: 946

Tax Loss Harvesting while reinvesting dividens

It seems most people advise not reinvesting dividend when one is harvesting tax losses in order to avoid a wash sale. I am a fan of the simplicity of reinvesting the dividends and was hoping to continue to do so. If one only harvests the first 45 days of every quarter (i.e. Jan 1 - Feb 15; July 1 - ...
by Pepper11
Mon Jul 15, 2019 9:35 pm
Forum: Personal Investments
Topic: Convert IRA
Replies: 8
Views: 614

Re: Convert IRA

Generally, a traditional IRA has a cost basis of zero. In other words, since it was pre-tax going it, 100% of it is taxable coming out. If you made any post-tax contributions to your IRA, then you'll need to solve for the basis. Hopefully, you kept the records. Yes it was post tax. Or at least most...
by Pepper11
Mon Jul 15, 2019 9:23 pm
Forum: Personal Investments
Topic: Convert IRA
Replies: 8
Views: 614

Re: Convert IRA

Your question comes across as rambling and not very coherent. Is this a traditional IRA that you have traded multiple times in? At the end of the day it is still a traditional IRA? If so, no tax liability at all. IRS does not care. Only if you withdraw from the IRA, or convert to Roth IRA, will IRS...
by Pepper11
Sun Jul 14, 2019 10:04 pm
Forum: Personal Investments
Topic: Convert IRA
Replies: 8
Views: 614

Convert IRA

So I think I made a mistake not taking the tax hit and converting a traditional IRA to a Roth so I could backdoor from here on. I think I probably so just cut my losses and convert, but I would like to know how much tax I am liable for. I have 50k in a traditional IRA and have exchanged several time...
by Pepper11
Sun Jul 14, 2019 2:46 pm
Forum: Personal Investments
Topic: Frequent Trading Rule
Replies: 4
Views: 448

Frequent Trading Rule

Does the 30 day frequent trading rule apply across multiple accounts? I am selling shares of Total Stock Market in my Roth IRA to adjust my asset allocation toward bonds. I have an auto invest for TSM in a taxable account. Can I buy this within the next 30 days within the taxable account? Edit: Foun...
by Pepper11
Mon Jun 17, 2019 9:10 pm
Forum: Personal Investments
Topic: IRA and taxes. Is a taxable account better?
Replies: 8
Views: 906

Re: IRA and taxes. Is a taxable account better?

Thank you! I think we have, so hopefully no double tax here.
by Pepper11
Mon Jun 17, 2019 8:52 pm
Forum: Personal Investments
Topic: IRA and taxes. Is a taxable account better?
Replies: 8
Views: 906

Re: IRA and taxes. Is a taxable account better?

It's an IRA and nothing within it has been deferred. It's all post tax income.
by Pepper11
Mon Jun 17, 2019 8:46 pm
Forum: Personal Investments
Topic: IRA and taxes. Is a taxable account better?
Replies: 8
Views: 906

IRA and taxes. Is a taxable account better?

I just read an article on a popular financial blog that has me concerned. It stated that a tax deferred account is taxed at a marginal rate upon withdrawal. My understanding was that the GAINS from a tax deferred account are taxed at marginal rates. We currently invest the yearly max into traditiona...
by Pepper11
Fri Jun 14, 2019 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 840614

Re: What's Your Credit Card Rewards Strategy?

The BoA cards have a limit? Everyone keeps saying 5.25%. This is the first time I have heard of a cap on quarterly returns. That's a big caveat!!
by Pepper11
Mon May 27, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 840614

Re: What's Your Credit Card Rewards Strategy?

My recommendation would be the AMEX Preferred Cash which gives you 6% CB on groceries at a $95 annual fee. I’d combine this with the Uber CC for 4% CB on dining (no AF). Then since you seem to travel mostly on JetBlue, I’d get the JetBlue Preferred card (yes it has a $95 AF, but you’ll make up for ...
by Pepper11
Mon May 27, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 138
Views: 12255

Re: House not selling

What exactly do you mean by the statement that the "walls are (were) worn out" ? What comes to mind is: banged up woodwork, gouges or cracks in sheetrock. What does NOT come to mind is scuffed paint. Other factors that make one house less attractive than another in the same neighborhood are as foll...
by Pepper11
Tue May 14, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 840614

Re: What's Your Credit Card Rewards Strategy?

Uber: $50 yearly streaming voucher How does that voucher work? Is it like a statement credit once a year, provided you used the card for at least $50 worth of streaming services? Uber card just about my favorite card ever. I have it set for autopay on Netflix and it just credits me the 12.99 or wha...
by Pepper11
Tue May 14, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Bank called my business manager
Replies: 49
Views: 5573

Re: Bank called my business manager

That was an assumption after speaking with them. They said they will not have to do it will all checks, which presumably means they will have to do it with some. Maybe this is standard practice, but I have been with multiple banks and have deposited a lot of 'first' checks, and have never gotten any...
by Pepper11
Tue May 14, 2019 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Bank called my business manager
Replies: 49
Views: 5573

Bank called my business manager

So I just opened a new bank account. I deposited a check from my investment group. My business manager informed me that someone had called her to inquire if I was a member of the investment group listed on my check. It turned out to be the bank trying in an attempt to 'approve' my check. Is this sta...
by Pepper11
Sun May 12, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 840614

Re: What's Your Credit Card Rewards Strategy?

My updated my CC rewards strategy:

Amex Blue Cash Preferred: 6% Grocery, 6% Streaming
Ducks Unlimited: 5% Gas & Sporting Goods
Uber: 4% Restaurants, 3% Travel, $50 yearly streaming voucher
Double Cash: 2% everything else

Lots of good cards out there these days.
by Pepper11
Sat May 11, 2019 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Premier Plus Checking - How to earn maximum interest?
Replies: 17
Views: 1553

Re: Chase Premier Plus Checking - How to earn maximum interest?

what is the APR. Its not even listed on their website
by Pepper11
Sat May 11, 2019 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can you guys find anything that beats sofi money checking account?
Replies: 22
Views: 3273

Re: Can you guys find anything that beats sofi money checking account?

This beats anything and everything out there today. They finally got joint accounts so I just switched. Surprising it does not seem to be all the popular on the board here. They do seem to be a bit political and cater to the liberal Millenial crowd based on their featured investment choices in the ...
by Pepper11
Sat May 11, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can you guys find anything that beats sofi money checking account?
Replies: 22
Views: 3273

Re: Can you guys find anything that beats sofi money checking account?

This beats anything and everything out there today. They finally got joint accounts so I just switched. Surprising it does not seem to be all the popular on the board here. They do seem to be a bit political and cater to the liberal Millenial crowd based on their featured investment choices in the I...
by Pepper11
Sat Feb 09, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: High Yield Checking/Savings
Replies: 5
Views: 666

High Yield Checking/Savings

Does anyone have a recommendation on a high yield combined savings/checking account that allows joint accounts. Sofi Money seems to have a good one at 2.25% APR but it does not allow joint accounts. Capital One, Ally and many others are fine but have separate Saving and Checking accounts which blunt...
by Pepper11
Sat May 13, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance student loan to Earnest?
Replies: 24
Views: 3122

Re: Refinance student loan to Earnest?

Can student loans be refinanced at will? I was under the impression they can be refinanced and/or consolidated only once. It makes sense that you can only consolidate once but are there limits on refinance? While you can refinance a federal loan only once (to a private loan), there are no limits to...
by Pepper11
Sat Apr 15, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Safe Harbor and Penalty
Replies: 2
Views: 532

Safe Harbor and Penalty

There is a lot of discussion on the Safe Harbor rule and about the need to increase witholdings as a high earner. But what is the penalty for not meeting safe harbor.

Is it a percentage of your total taxable income? A percentage of what you owe April 15?

Any info would be appreciated.
by Pepper11
Sun Mar 20, 2016 8:54 pm
Forum: Personal Investments
Topic: The Exclusive Consumer Staple Fund
Replies: 8
Views: 2224

The Exclusive Consumer Staple Fund

Does Vanguard Consumer Staples Index Fund Admiral Shares (VCSAX) think it is some mini hedge fund? Why in the world is the minimum investment in it 100k? There is no such minimum with any of Vanguard's other sectors or any of their funds for that matter. What is it about this fund that Vanguard want...
by Pepper11
Sat Mar 19, 2016 2:24 pm
Forum: Investing - Theory, News & General
Topic: What is the point of a dividend?
Replies: 92
Views: 9434

What is the point of a dividend?

Whats the point? You get your dividend money and your fund falls by an equivalent amount. Then you are taxed on your so called "earnings", when your net worth is unchanged. Can anyone explain why these things even exist. Just sell some of your fund if you want the cash. What am I missing here?
by Pepper11
Sat Mar 19, 2016 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Citibank Double Cash - in cases of fraud
Replies: 16
Views: 5273

Re: Citibank Double Cash - in cases of fraud

I tried to buy a fridge and they texted me to confirm it was me. Just had to reply yes. Pretty good if you ask me.
by Pepper11
Sat Feb 06, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: SoFi Mortage
Replies: 1
Views: 798

SoFi Mortage

I have had great success with SoFi student loan refinancing. I am looking into refinancing a mortgage and was wondering if anyone has had any feedback with experience of SoFi's mortgage services.
by Pepper11
Mon Jan 18, 2016 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Mint...working less, and less, and less
Replies: 42
Views: 9858

Mint...working less, and less, and less

I have been using Mint.com for several years now...Initial I loved this program as it was a perfect way to organize all my accounts. However within the last 3 months or so, about 1 or 2 accounts per day "requires a fix" to log in appropriately. Has anyone else had this problem recently? And if so, i...
by Pepper11
Tue Jan 12, 2016 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Large student loan balance - extra payments vs. investing
Replies: 17
Views: 1895

Re: Large student loan balance - extra payments vs. investing

The recent downturn in the market has seemed to heavily skew this current answer toward paying down loan compared to similar posts when the market was performing better.

What happened to cant predict the market.
by Pepper11
Tue Dec 29, 2015 7:53 pm
Forum: Personal Investments
Topic: How did my Target Retirement Fund decrease in value today?
Replies: 7
Views: 1433

Re: How did my Target Retirement Fund decrease in value today?

Thanks for the replies. Much appreciated.
by Pepper11
Tue Dec 29, 2015 7:43 pm
Forum: Personal Investments
Topic: How did my Target Retirement Fund decrease in value today?
Replies: 7
Views: 1433

How did my Target Retirement Fund decrease in value today?

I have a decent portion of my portfolio in Vanguard 2060 Target Retirement Fund. Is this a Sum of its parts Index fund or I am I missing something here? The S&P went up about 1% today. Somehow, this fund went down 1%. This made no sense to me as the largest portion of this fund is composed of the To...
by Pepper11
Sat Nov 07, 2015 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover question
Replies: 1
Views: 286

Rollover question

My wife has a 401k from her old job. Ideally, she wants to roll this over into an IRA. Is there any issue with doing this, and also doing a backdoor Roth/Roth conversion? Would it be best just to set up a second traditional IRA account to do this?
by Pepper11
Fri Jul 31, 2015 9:57 pm
Forum: Personal Consumer Issues
Topic: Cost of concrete installed
Replies: 9
Views: 1850

Re: Cost of concrete installed

I got a quote for 19K for a 170' by 15' driveway. That was for noncolored/grey. Not sure how much that is per yard, but it is not cheap.
by Pepper11
Mon Jun 15, 2015 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Cashing in whole life
Replies: 4
Views: 1140

Cashing in whole life

Since I was a child, my parents have paid the premiums on a whole life policy are now basically giving me the policy to do with as I want. I plan to cash out the policy which has a cash value of 4.5k. Since my parents have paid the premiums, does this affect any tax issues when I cash out the policy...
by Pepper11
Tue Sep 30, 2014 1:29 pm
Forum: Investing - Theory, News & General
Topic: Very basic bond question
Replies: 7
Views: 1297

Very basic bond question

So I did all my research and made my investing plan, set up my vanguard account, bought my stock and bonds funds. But I can't find the answer to a very basic question. When do bond funds pay their annual yield?
by Pepper11
Wed Jul 02, 2014 1:39 pm
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 17
Views: 2233

Re: Building a home

Thanks for all the replies. Apologies for not being specific as I didn't realize this topic was so broad. By building a home, I meant going to a builder with building plans (either through a hired archetech or an online service) and saying "how much to get this done". Land is very inexpensive in my ...