Search found 372 matches

by abyan
Sun May 21, 2017 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Leave a Free Investment Advisor?
Replies: 23
Views: 2968

Re: Should I Leave a Free Investment Advisor?

My dad's advisor was doing the exact same thing for me, giving me free financial management while dad was paying. Because of the fees on the various funds, his free management was costing me $6000 a year, which was half of the money I was putting in each year into my retirement. Get out of there :-)...
by abyan
Sun May 07, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Individual health insurance
Replies: 59
Views: 4839

Re: Individual health insurance

A few points. 1) Pre-existing conditions considerations are banned under Obamacare, so they're not an issue. 2) Annual and lifetime limits are banned under Obamacare, so they're not a consideration. 3) As someone else noted, check the individual plans, regardless of whether or not they're on the exc...
by abyan
Sat May 06, 2017 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Roth n' Reits
Replies: 4
Views: 927

Re: Roth n' Reits

I did the same as rkhusky for the same reason. I'd love my Roth to grow more than my other accounts, but I'd be ticked if I put riskier stuff in the Roth and it tanked. So I put the exact same stuff in my Roth that I have in my regular Ira. I already have an advantage (hopefully) with the Roth. So w...
by abyan
Sat Apr 01, 2017 12:09 am
Forum: Investing - Theory, News & General
Topic: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash
Replies: 33
Views: 5407

Re: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash

I noticed it two years ago. People I talked to at Vanguard would give me the wrong forms, then tell me to fill them incorrectly. Again and again and again. There is rarely a transaction that requires a form that they don't screw up now. They just screwed up mom's account as well, after my dad died a...
by abyan
Wed Mar 30, 2016 11:57 pm
Forum: Investing - Help with Personal Investments
Topic: leaving vanguard due to math errors / poor customer service?
Replies: 107
Views: 16229

Re: leaving vanguard due to math errors / poor customer service?

I was a huge vanguard advocate, even got quoted in the national media praising them, but i'd say half customer service folks have been awful, and are getting worse. They screwed me over when moving my assets originally, and it cost me $5k. Since then, I either get someone brilliant on the phone or a...
by abyan
Tue Dec 29, 2015 3:34 pm
Forum: Investing - Help with Personal Investments
Topic: Urgent last minute IRA to Roth conversion question
Replies: 5
Views: 451

Re: Urgent last minute IRA to Roth conversion question

Thanks guys. And god bless Vanguard, but I just called and set up the Roth IRA in like 2 minutes. That was ridiculously easy. Now that I know I can recharacterize, I think that makes the most sense. Especially since I was unfortunately correct about the Solo 401k contribution issue. One last questio...
by abyan
Tue Dec 29, 2015 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Urgent last minute IRA to Roth conversion question
Replies: 5
Views: 451

Re: Urgent last minute IRA to Roth conversion question

Thanks ED! I was thinking the same, as I'd learned about recharacterizing here. One of my questions I forgot to ask in that regard was whether I could partially recharacterize, to maximize my tax benefit once I do my final taxes. If I can, then I should probably guesstimate about the Roth conversion...
by abyan
Tue Dec 29, 2015 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Urgent last minute IRA to Roth conversion question
Replies: 5
Views: 451

Urgent last minute IRA to Roth conversion question

Hello all, I have an urgent last-minute question regarding converting some of my SEP IRA to a Roth, vs. contributing to a SOLO 401k . My tax situation is complicated, but I'm going to stick with the basics here. I have an accountant, but he's been typically not very responsive (I swear all my accoun...
by abyan
Sat Dec 19, 2015 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: American UN employee confused about Roth options
Replies: 4
Views: 593

Re: American UN employee confused about Roth options

Thanks everyone. I guess what I'm actually trying to figure out is, even if you count all of the income for the tax on the conversion, considering how the UN calculates taxes, at what tax rate is the conversion counted -- where does it line up on the totem pole of income? Meaning, let's pretend I ma...
by abyan
Fri Dec 18, 2015 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: American UN employee confused about Roth options
Replies: 4
Views: 593

American UN employee confused about Roth options

Hi everyone, I'm trying to figure out my investment options as an American UN employee working in the US , and it's confusing as all get out. I've just hired an accountant who is used to working with Americans at the UN, which should help a lot, but I still wouldn't mind some seeing if anyone here h...
by abyan
Sat Aug 29, 2015 9:14 pm
Forum: Investing - Theory, News & General
Topic: Aug 2015 correction: what Bogleheads did...
Replies: 143
Views: 13243

Re: Aug 2015 correction: what Bogleheads did...

It wasn't time for me to rebalance. I contribute a set amount every two weeks. And had I moved the money over earlier, to take advantage of the mid week dip, the market would have continued plummeting after that. So you can thank me for the net-gain at the end of the week :-)
by abyan
Tue Aug 18, 2015 9:28 pm
Forum: Investing - Theory, News & General
Topic: Piling into emerging markets
Replies: 67
Views: 10202

Re: Piling into emerging markets

I put a portion of each paycheck into my mutual funds at VG. And use that to rebalance each time. That's been meaning a lot of EM of late. Which feels strange, but at the same time, that's what rebalancing is all about. I'm not thrilled about buying EM several months ago, but love that I bought some...
by abyan
Thu Aug 06, 2015 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Sell funds before or after leaving UBS
Replies: 4
Views: 637

Re: Sell funds before or after leaving UBS

Call Vanguard and find out how much it would cost to sell all the stocks and funds you have after you transfer them to Vanguard. If you get somebody nice on the phone at vanguard they'll walk you through each stock you own, each mutual fund you own and tell you how much it'll cost. I made the mistak...
by abyan
Wed Aug 05, 2015 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones to Vanguard
Replies: 10
Views: 2495

Re: Edward Jones to Vanguard

Do investigate the relative cost of selling your investments at EJ, or selling once you transfer them to vanguard. I lost $5k because I had my thief of a broker sell my investments before moving to vanguard. It would have been less than $200 at Vanguard. No one told me otherwise. So now it's my miss...
by abyan
Wed Aug 05, 2015 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Anyone using Vanguard's RMD service?
Replies: 12
Views: 1431

Re: Anyone using Vanguard's RMD service?

I set it up for my parents last year and seem to recall that I asked them to calculate the RMD, and I told them which fund(s) to take it from, when to withdraw it, and where to send it to.
by abyan
Wed Jul 29, 2015 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to change ibonds title from one trust to another trust?
Replies: 1
Views: 284

How to change ibonds title from one trust to another trust?

Hello everyone. I've been googling about this, and can't make heads or tails of the Treasury Direct documents I've found. My parents are changing their will/living trust, and thus the trust documents will be reissued in a few days under a new name for the trust. When that happens, we'll need to chan...
by abyan
Tue Jul 28, 2015 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalance in Taxable or in IRA after receipt of Lump Sum
Replies: 13
Views: 1424

Re: Rebalance in Taxable or in IRA after receipt of Lump Sum

Livesoft, I get the overall benefit of TLH if equities take a bath. But how will it help a Roth conversion? Wouldn't the capital losses only help to the tune of a $3k deduction from income per year?
by abyan
Fri Jul 03, 2015 8:51 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 353346

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

YTD +3.6%

I'm 30% international. That helped. This year, at least.
by abyan
Sat Jun 27, 2015 10:27 am
Forum: Forum Issues and Administration
Topic: Can we put up to vote if forum members want to see topics that are financial but related to politics
Replies: 22
Views: 3377

Re: Can we put up to vote if forum members want to see topics that are financial but related to politics

Agree with all of the above. I'm also not a fan of those of us who come here for free, and pay nothing for the benefit we receive, ganging up and telling the forum moderators how to run this place. It's their house.
by abyan
Sun Jun 21, 2015 9:50 pm
Forum: Investing - Theory, News & General
Topic: Wsj article today on reit investing
Replies: 34
Views: 7771

Re: Wsj article today on reit investing

Okay Livesoft, I'll bite. I just moved my money to Vanguard and low cost index funds last year, and while I'm interested in investing in reits I worry that the valuations are awfully high right now. And I've noticed a number of the experts we respect also making that point, even though they admit th...
by abyan
Tue Jun 16, 2015 10:20 pm
Forum: Investing - Theory, News & General
Topic: Doom and Gloom from Marketwatch
Replies: 26
Views: 6218

Re: Doom and Gloom from Marketwatch

I used to read Marketwatch, a lot. But boy has it changed. Far too many articles are now sensational, and also seem to have taken on a partisan bent. Didn't this use to be CBS? It sure isn't now. Thus, I suspect, the change in tone and content. Just curious what sites are worth reading for daily fin...
by abyan
Mon Jun 15, 2015 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone have experience with Anthem EPO?
Replies: 3
Views: 669

Re: Anyone have experience with Anthem EPO?

That's correct about out of network. They pay 70% of the agreed price. They don't pay 70% of your bill. If your bill is $20,000, and The agreed price is $7000, then your insurance will pay 70% of $7000. The hospital will then come after you for the rest of the $20,000. In network, the insurance gets...
by abyan
Sat Jun 13, 2015 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a reasonable Asset Allocation
Replies: 31
Views: 4132

Re: Is this a reasonable Asset Allocation

As an aside, several months ago we had the "has Rick ferri changed his mind about splitting international into Europe, emerging and pacific". As I recall, Rick weighed in and, in somewhat cagey language, suggested that it's still possible that one could perhaps see a rebalancing bonus by splitting i...
by abyan
Sat Jun 06, 2015 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help re moving from dc to ny
Replies: 4
Views: 558

Re: Tax help re moving from dc to ny

Of course. This is more just to help me make a best guess at my quarterly taxes. In the meantime I'm trying to find an accountant who can handle taxes for American employees at international organizations. It's a nightmare.
by abyan
Sat Jun 06, 2015 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help re moving from dc to ny
Replies: 4
Views: 558

Re: Tax help re moving from dc to ny

Thanks Grabiner, so your last sentence makes it sound as if I shouldn't be taxed by DC for the income earned after I became a Resident of NYC. Right?
by abyan
Sat Jun 06, 2015 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help re moving from dc to ny
Replies: 4
Views: 558

Tax help re moving from dc to ny

Hi everyone, I'm in the process of searching for a good accountant (mine is not so good), but in the meantime wanted to ask for some advice here (as I have to pay quarterly taxes, and they won't wait for me to find a good accountant). In a nutshell, I moved from DC to NYC in March. I quit my self-em...
by abyan
Fri Mar 20, 2015 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Does your CPA/Tax Person help with reducing your taxes?
Replies: 66
Views: 12253

Re: Does your CPA/Tax Person help with reducing your taxes?

I'm sorry but I don't buy this notion that we're supposed to inform our CPA that we'd like to pay less in taxes, or he'd have no idea. My guy of 15 years never bothered mentioning that I could have socked away a ton of my self-employed income away in a solo 401k rather than a much smaller amount in ...
by abyan
Mon Feb 23, 2015 12:58 am
Forum: Personal Finance (Not Investing)
Topic: How much has Bogleheads contributed to your net worth?
Replies: 58
Views: 6276

Re: How much has Bogleheads contributed to your net worth?

I just learned about you guys last year. So the best I can quantify is that the last several years dad's evil broker took half my annual IRA contribution in fees over the year, totally $6k a year in fees just from trades. This year, so far, my only fees are going to be about $275 in expense ratios. ...
by abyan
Sun Feb 01, 2015 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding creating Solo401k for backdoor Roth
Replies: 6
Views: 659

Re: Question regarding creating Solo401k for backdoor Roth

Thank you, that's extremely helpful. And it means there's no urgency. Once (if) I get the job and settle in, I can provide more info and perhaps get more advice as to what to do with my savings. Thanks everyone, this is very helpful.
by abyan
Sat Jan 31, 2015 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding creating Solo401k for backdoor Roth
Replies: 6
Views: 659

Re: Question regarding creating Solo401k for backdoor Roth

Paddy, I was trying to remember, for a solo 401k, how my income is calculated -- what I mean is, I'm 51, so I can contribute up to $23k for the employEE contribution (I think). But does that mean I have to earn gross $23k to put away $23k. Is it net, after certain deductions? Or in my case, if I mad...
by abyan
Sat Jan 31, 2015 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding creating Solo401k for backdoor Roth
Replies: 6
Views: 659

Question regarding creating Solo401k for backdoor Roth

It looks like I'm going to get the job I've been looking for, to up my income (and make it more stable) so that some day I'll actually have enough savings to retire. Which has raised a few questions about backdoor Roths. I'll probably be doing a longer post at some point, with more questions (the jo...
by abyan
Wed Jan 14, 2015 1:11 am
Forum: Personal Consumer Issues
Topic: Bilingual households
Replies: 39
Views: 6649

Re: Bilingual households

One parent immigrated from Greece, the other was born in the US, but all my grandparents came from Greece. My parents tried to get us to learn Greek, some of our grandparents never really ever learned English, but it was a tough road. We kids pretty much insisted on English. And even being sent to G...
by abyan
Wed Jan 14, 2015 12:39 am
Forum: Investing - Help with Personal Investments
Topic: EE bonds vs 5 yr CD's vs iBonds
Replies: 10
Views: 2496

Re: EE bonds vs 5 yr CD's vs iBonds

And you can get an additional $10k in ibonds per year per living trust.
by abyan
Tue Jan 13, 2015 12:27 am
Forum: Investing - Help with Personal Investments
Topic: Dazed, Confused and Upset
Replies: 70
Views: 10251

Re: Dazed, Confused and Upset

Well, as for adviser not "hiding fees"... Sure, they tell you the fees at the beginning, and you hear 1-point-something percent and think that means 1% rather than 1/3 to 2/3 of your return gone. And in my case, sure my adviser (who was not with EJ) sent a letter every time he made a trade, and ever...
by abyan
Sat Jan 10, 2015 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to protect my downside - considering I/EE bonds, CDs
Replies: 15
Views: 2365

Re: Looking to protect my downside - considering I/EE bonds,

I set up a trust account on Treasury Direct for my parents as well, it definitely works, and was quite easy.
by abyan
Fri Jan 09, 2015 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Just left meeting with my advisor....
Replies: 57
Views: 9655

Re: Just left meeting with my advisor....

As of half a year ago, thanks to this forum, I started managing my parents' and my retirement accounts, totaling around $600k combined. I didn't get a full year out of my new portfolios, but for all of 2014, according to Morningstar, both portfolios would have earned around 8%. (Interestingly I'm 10...
by abyan
Tue Jan 06, 2015 12:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard sets record funds inflow, has $3.1 trillion assets
Replies: 39
Views: 3858

Re: Vanguard sets record funds inflow, has $3.1 trillion ass

Almost There, I've gotten the same reaction. People seem almost in disbelief when you raise the issue of how much they're paying in fees. I tell them how much fees can eat of their returns, and they don't want to check because their adviser is a good guy and has done well for them, they say. My favo...
by abyan
Tue Jan 06, 2015 12:50 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard TLH - Check your confirmations!
Replies: 12
Views: 1708

Re: Vanguard TLH - Check your confirmations!

Do the same to me on a transaction in November that I only just caught. I did specific ID, picked the shares to sell, VG's site told me I'd have $9k in cap gains, and now the site says FIFO with $16k in gains. Talked to them today, and sending them my screen shot showing the $9k confirmation. They s...
by abyan
Tue Jan 06, 2015 12:12 am
Forum: Personal Finance (Not Investing)
Topic: How to break up with an advisor
Replies: 33
Views: 4448

Re: How to break up with an advisor

"It's not you , it's fee!"
by abyan
Mon Jan 05, 2015 12:02 pm
Forum: Investing - Theory, News & General
Topic: "The Most Successful Investors Leave Their Money Alone"
Replies: 47
Views: 9595

Re: "The Most Successful Investors Leave Their Money Alone"

Actually, as for it only being a "select bunch of idiots," my local evil broker who shall not be named was trading an amount equal to my account on an annual basis. And I googled and found out that that's far below the limit for "churning," which is around, I read, 3x your account value. So, I'm not...
by abyan
Sun Jan 04, 2015 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard just changed my reported Cap Gains - how?
Replies: 3
Views: 555

Re: Vanguard just changed my reported Cap Gains - how?

Yeah they're reporting FIFO, when I specifically set up the account and the sale as specific ID. Using VG's site I sold specific shares to ensure the cap gain tally was correct, an they even tell you as you select the shares what the cost basis is. It's jut bizarre. And while it's easy to calculate ...
by abyan
Sun Jan 04, 2015 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard just changed my reported Cap Gains - how?
Replies: 3
Views: 555

Vanguard just changed my reported Cap Gains - how?

So this is odd. I'm going to call Vanguard tomorrow, but was just wondering if you all had any thoughts before I call them. The capital gains reported this year on my parents' accounts at Vanguard, that I manage for them, just changed. I sold a bunch of stocks earlier this year, Vanguard's site told...
by abyan
Sat Jan 03, 2015 8:21 pm
Forum: Personal Consumer Issues
Topic: Burglar Alarms and Monitoring Service
Replies: 13
Views: 2011

Re: Burglar Alarms and Monitoring Service

I use Simplisafe, only $15 a month if you want the service, otherwise you only pay for the equipment if you want it NOT tied in to the police. I've been happy with it, it's certainly cheaper than many other services.
by abyan
Sat Jan 03, 2015 7:15 pm
Forum: Investing - Theory, News & General
Topic: Why not put 2x amt. of emergency funds in the market?
Replies: 19
Views: 2985

Re: Why not put 2x amt. of emergency funds in the market?

That article is exactly what I was thinking -- though it wisely suggests keeping the equity conservative (at, say, 40%), which also permits you to keep the total amount to 130% of your emergency needs, rather than 200% which I suggested above. That's very interesting. I'm not entirely sure I'd do th...
by abyan
Sat Jan 03, 2015 7:03 pm
Forum: Investing - Theory, News & General
Topic: Why not put 2x amt. of emergency funds in the market?
Replies: 19
Views: 2985

Re: Why not put 2x amt. of emergency funds in the market?

That's interesting. Though I'm not sure the "emergency fund" isn't a bit of a fiction in the case of that wiki. Basically it's arguing what I was asking about, putting your emergency money in taxable brokerage investments (the "emergency fund" in the wiki seems to be more a way of permitting you to ...
by abyan
Sat Jan 03, 2015 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with bro's $7k, & kid's $1200 investments?
Replies: 4
Views: 628

Re: What to do with bro's $7k, & kid's $1200 investments?

Thanks. Yeah, I think my brother wanted this money to be a bit more long-term (not that they'll think the same way). I like the taret retirement idea, especially if they forget about the money for a while.
by abyan
Sat Jan 03, 2015 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with bro's $7k, & kid's $1200 investments?
Replies: 4
Views: 628

Re: What to do with bro's $7k, & kid's $1200 investments?

Thanks Laura. So go for Target Retirement even though these are taxable accounts? The kids are both teens, so both will turn 18 within 4 years or so. That's the only reason I was thinking of total stock (I know it's such a small amount, I don't want to overthink it). Oh, I see, you're suggesting Tar...
by abyan
Sat Jan 03, 2015 6:23 pm
Forum: Investing - Theory, News & General
Topic: Why not put 2x amt. of emergency funds in the market?
Replies: 19
Views: 2985

Re: Why not put 2x amt. of emergency funds in the market?

For my parents, I ultimatedly chose a tiered approach: savings account, then money market, then ibonds, then vanguard bond funds (set percentages of the fixed income in each).
by abyan
Sat Jan 03, 2015 5:44 pm
Forum: Investing - Theory, News & General
Topic: Why not put 2x amt. of emergency funds in the market?
Replies: 19
Views: 2985

Re: Why not put 2x amt. of emergency funds in the market?

Well, Tomato, I had a hunch, but wasn't sure that was the reason, so... ;-) I do still wonder, over the long term, if the opportunity cost isn't rather large of holding $30k to $50k in a bank account for, say, 20 years (those amounts would be if I get a better job). I'm not making enough at the mome...