Search found 1294 matches

by Tamales
Fri Nov 16, 2018 9:03 am
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 688

Re: Withhold-to-Cover method for RSU grant

madbrain wrote:
Fri Nov 16, 2018 5:43 am
This makes particular sense when the share price is high, and the number of shares is small.
Thanks for the example madbrain. I hadn't thought of that scenario.
by Tamales
Thu Nov 15, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 688

Re: Withhold-to-Cover method for RSU grant

FYI, some companies let you keep fractional RSUs, instead of leaving change as cash in your account. Interesting. I can't figure out how that would work from an accounting or tax perspective. Also not sure why they would add that extra accounting headache when they can fully resolve each tranche wi...
by Tamales
Thu Nov 15, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Withhold-to-Cover method for RSU grant
Replies: 10
Views: 688

Re: Withhold-to-Cover method for RSU grant

I’m not sure I understand the distinction you are making. As I understand it, the process for computing vested RSU tax amounts and translating to whole shares goes something like this: Say you have 100 RSUs and the vest price is $50.00 per share. That means $5000.00 of taxable income. 6.2% goes to O...
by Tamales
Sun Nov 11, 2018 11:50 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4693

Re: Do you prefer etfs or mutual funds?

I don't get the comment about spreads with ETFs. If you're using a "total market" type of portfolio, where the ETF trading volume is high, has this ever been an issue for anyone? Does that imply one should not use, for example VTI, in your auto-invested non-Vanguard 401k account because it might get...
by Tamales
Sun Nov 11, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Advice for ESPP Stock Sales
Replies: 7
Views: 722

Re: Advice for ESPP Stock Sales

Until recently, I had not heard of these monthly ESPP programs. Maybe companies do this in part to get you to hold rather than sell (so employees try to avoid a string of tax considerations each year). Anyway, I guess you have 2 parts to this. First, to clean up the current holdings and the one-time...
by Tamales
Fri Nov 09, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

BTW, as a point of reference, Synchrony just upped their HY savings acct to 2.05% (was 1.90%, same as Ally, up until yesterday I think).

How many folks have accounts both places, and move funds back and forth between them?
by Tamales
Fri Nov 09, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Double-check your contributions to tax-advantaged accounts this time of year
Replies: 15
Views: 1722

Re: Double-check your contributions to tax-advantaged accounts this time of year

Your reminder reminded me of something else too. Thanks you! After double-checking, it seems, with the state/local tax deduction and personal exemption going away, we will owe more taxes this year. Hurried in to increase our Fed withholding. Hopefully with only three pay periods left, my calculatio...
by Tamales
Thu Nov 08, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: taxact 2018 tax year software price increase 100%?
Replies: 15
Views: 1580

Re: taxact 2018 tax year software price increase 100%?

FYI here's a fairly thorough comparison of the "big 3" retail tax software packages: https://thecollegeinvestor.com/15201/comparing-prices-turbotax-hr-block-tax-act/#tab-con-0 PS I found a chart from back in 2012 that showed Turbotax having ~65% market share, Infospace(TaxAct) and H&R Block have abo...
by Tamales
Thu Nov 08, 2018 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: taxact 2018 tax year software price increase 100%?
Replies: 15
Views: 1580

Re: taxact 2018 tax year software price increase 100%?

I just pulled up the Taxact website, and apparently they've changed the model yet again. Two days ago there was still a "Plus" version (download version), but as of today there is no longer a Plus version. The equivalent is apparently the Premier version, for $81.90, plus a fee for state filing (pre...
by Tamales
Thu Nov 08, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: taxact 2018 tax year software price increase 100%?
Replies: 15
Views: 1580

Re: taxact 2018 tax year software price increase 100%?

This opinion piece on TaxAct's future viability is interesting (parent company blucora, formerly infospace): https://seekingalpha.com/article/4068532-blucora-tax-train-wreck Also have a look at the wikipedia entry: https://en.wikipedia.org/wiki/TaxAct Most recently, note that its President, appointe...
by Tamales
Sun Nov 04, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software: online vs download versions
Replies: 15
Views: 1787

Tax software: online vs download versions

Is there any justifiable reason why the online versions are cheaper than the comparable download version (often by significant amounts)?

If not, does that essentially mean they must be monetizing your personal financial information (if you choose the online version) in some way?
by Tamales
Sat Nov 03, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Social Security Max Taxable Earnings
Replies: 12
Views: 1741

Re: Social Security Max Taxable Earnings

So for "high earners" an extra $279 paid in, and a few pennies per month in additional future benefits?
by Tamales
Sat Nov 03, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: What is an "advanced" investor?
Replies: 34
Views: 2578

Re: What is an "advanced" investor?

Most applications for brokerage accounts ask you to self-assess your investment experience e.g. as beginner, intermediate, or advanced (without defining the qualifications for those levels). So the OP's question is not extraneous. For example, here's a Schwab application, and page 4 asks you to self...
by Tamales
Wed Oct 31, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Tax refunds expected to be 26% more in 2019
Replies: 52
Views: 5690

Re: Tax refunds expected to be 26% more in 2019

I'm not sure how such a thing could be accurately estimated. You'd need access to payroll salary/withholding data paired with individual tax obligations and specific adjustments on how the tax law changes affect the individual returns from last year to this year. It doesn't seem like something you c...
by Tamales
Mon Oct 29, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: 180 years of Drawdowns, Get used to it
Replies: 36
Views: 6649

Re: 180 years of Drawdowns, Get used to it

That chart does not seem to incorporate dividends and only examines the S&P 500 price. If so, it is overstating the drawdowns. I used Yahoo finance adjusted close data, which I cross-checked with Damodaran's annual SP500 data (which is based on the last trading day each year) and it matched. I thou...
by Tamales
Sun Oct 28, 2018 11:12 pm
Forum: Investing - Theory, News & General
Topic: 180 years of Drawdowns, Get used to it
Replies: 36
Views: 6649

Re: 180 years of Drawdowns, Get used to it

That chart does not seem to incorporate dividends and only examines the S&P 500 price. If so, it is overstating the drawdowns. I used Yahoo finance adjusted close data, which I cross-checked with Damodaran's annual SP500 data (which is based on the last trading day each year) and it matched. I thou...
by Tamales
Sun Oct 28, 2018 8:21 pm
Forum: Investing - Theory, News & General
Topic: 180 years of Drawdowns, Get used to it
Replies: 36
Views: 6649

Re: 180 years of Drawdowns, Get used to it

Quote: "Over this almost two centuries an investor was in a drawdown 74% of the time, and over 40% of those drawdowns ended up being large ones exceeding 20%." They used monthly closing datapoints in arriving at those figures. A few years back I did a similar study, except using daily SP500 data, an...
by Tamales
Sun Oct 28, 2018 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Is there an official notification email expected right after the transfer deadline of 11/5, or maybe a message you have to log in to your account to see, where they state the final official amount that qualifies for the 1% bonus, presuming you keep it in place until February? It would just be nice t...
by Tamales
Sat Oct 27, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Market Timing = Dumb. But What About Retirement Timing?
Replies: 15
Views: 2353

Re: Market Timing = Dumb. But What About Retirement Timing?

There was a recent thread where someone posted a link to a study where, if I recall, the conclusion was that most people don't end up having a choice of when they retire (e.g. you get "volunteered" to retire due to your age although they can't legally say that, or you retire due to life events like ...
by Tamales
Sat Oct 27, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any free simulations (like Cfiresim) that use Monte Carlo analyses?
Replies: 5
Views: 717

Re: Are there any free simulations (like Cfiresim) that use Monte Carlo analyses?

Interesting...I thought cfiresim had a dropdown selection to choose between historic market or monte carlo sim. Either I'm imagining things or maybe it was deleted because perhaps a bug was found and there was nobody able to track it down so it was easier to just disable it. Edit: yes. I found an ol...
by Tamales
Tue Oct 23, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP purchase doesn't add up
Replies: 12
Views: 879

Re: ESPP purchase doesn't add up

But you're calculating it should have been fewer shares, not that some fractional shares you were expecting to get are "missing."
by Tamales
Mon Oct 22, 2018 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Has anyone else received the “Mark your calendar, Name” email today stated that you have until October 31 for funding? It is not the date but the name that I have a question about. Mine uses my last name which seems odd. Just wondering if I put the names in backwards when I registered? To answer yo...
by Tamales
Sun Oct 21, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I don't think there is clarity in the new money being pushed in , as in transferred in by Vanguard, vs. being pulled in as in transferred in from Vanguard. I don't allow institutions to pull from my investment accounts so my transfer will have to be a push .. which means even though I have register...
by Tamales
Sun Oct 21, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

...in my experience pulling is always the preferred option in any ACH transfer between two financial institutions. Is this just due to "motivation?" In other words, the bank doing the pulling is gaining something and wants it to complete ASAP, while pushing from the losing bank carries with it no m...
by Tamales
Sun Oct 21, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I don't think there is clarity in the new money being pushed in , as in transferred in by Vanguard, vs. being pulled in as in transferred in from Vanguard. I don't allow institutions to pull from my investment accounts so my transfer will have to be a push .. which means even though I have register...
by Tamales
Fri Oct 19, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I just got a phone call from Ally. ... (yes, I verified it was Ally calling). I also got a call from Ally but the caller-ID info said "800 service" which has in the past always been telemarketers. Fortunately they left a message. Not sure why their Caller ID info can't show something obvious like "...
by Tamales
Thu Oct 18, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Top stocks of 2000 trail the market over the next 18 years
Replies: 39
Views: 3028

Re: Top stocks of 2000 trail the market over the next 18 years

I can't imagine how an investment in "S&P lower 490" would be a good investment long term. Why? Do you believe that the top ten stocks will outperform the other 490? How this strategy would be implemented needs to be more specifically defined (even to answer the question you posed, and to address m...
by Tamales
Thu Oct 18, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: Top stocks of 2000 trail the market over the next 18 years
Replies: 39
Views: 3028

Re: Top stocks of 2000 trail the market over the next 18 years

I can't imagine how an investment in "S&P lower 490" would be a good investment long term.
by Tamales
Wed Oct 17, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: What was max drop in 2000 and 2008?
Replies: 15
Views: 3072

Re: What was max drop in 2000 and 2008?

arcticpineapplecorp. wrote:
Wed Oct 17, 2018 5:16 pm
Tamales...what does "a.p." stand for?
It's my lazy way of not typing your long screen name ;)
by Tamales
Wed Oct 17, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Can you please tell me how much FDIC insurance this scenario has?
Replies: 13
Views: 640

Re: Can you please tell me how much FDIC insurance this scenario has?

I believe in FDIC lingo, a PoD beneficiary is considered a trust.
So I think $500k would be the insurance limit with 2 separate individuals as POD beneficiaries.
by Tamales
Wed Oct 17, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can you please tell me how much FDIC insurance this scenario has?
Replies: 13
Views: 640

Re: Can you please tell me how much FDIC insurance this scenario has?

To be clear, you are not counting the owner as a beneficiary, right? The 2 beneficiaries are 2 completely different individuals?

Here's an older thread with various scenarios/examples

viewtopic.php?f=2&t=176529&p=2669609
by Tamales
Tue Oct 16, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: What was max drop in 2000 and 2008?
Replies: 15
Views: 3072

Re: What was max drop in 2000 and 2008?

A picture's worth a 1000 words. The links above show you what the losses looked like (what $10,000 became worth at the bottom). Thanks for the links to the graphs a.p. It paints an even more striking picture of the losses your brain would have to come to grips with if you had just reached a $1 mill...
by Tamales
Tue Oct 16, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: What was max drop in 2000 and 2008?
Replies: 15
Views: 3072

Re: What was max drop in 2000 and 2008?

For comparison purposes, if you had a 60/40 portfolio of VTSMX/VBMFX (total stock/total bond), the peak and bottom, as well as the extent, was different in the first case: 9/1/00 to 10/9/02: -24.2% same date range but less severe outcome in the 2nd case: 10/9/07 to 3/9/09: -33.9% That's why we love ...
by Tamales
Tue Oct 16, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: What was max drop in 2000 and 2008?
Replies: 15
Views: 3072

Re: What was max drop in 2000 and 2008?

3/24/00 to 10/9/02: -49.1%
10/9/07 to 3/9/09: -56.8%

(S&P500 from the highest all-time-high before the decline to the lowest low before recovery)
by Tamales
Tue Oct 16, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

It seems they verified me without doing a credit-pull. I was asked several multiple choice identity verification questions with info they could have only gotten from a credit report. Did you not have that as part of your online application process? But I think that's a soft pull. For a hard pull I ...
by Tamales
Tue Oct 16, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

What if I move some money out of Ally and then move it back in after a few days. Would that count too? Pretty sure their lawyers thought about ways people might game the system and that would be one of them. Unless the money that was moved out was swallowed up as a payment to something where you ca...
by Tamales
Tue Oct 16, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

What's the risk here? I can't figure out why Ally is just throwing away money. 1/15/19 seems like an awfully short amount of time. If Ally goes bankrupt, we're covered by FDIC, correct? Yep, it's odd, but I suppose it's on par with the brokerage transfer bonuses and the belief that it will lead to ...
by Tamales
Tue Oct 16, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Hmmmmm. Transferred 150K to my Ally Online Savings on 10/12. Didn't know about the offer, before the transfer, so didn't sign up. Hmmmm. What to do? Would think about keeping 100K there until January for the extra $1000. UPDATE: Chatted with Ally. Said I'm eligible If I sign up even though the mone...
by Tamales
Mon Oct 15, 2018 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 478
Views: 45419

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Thinking about opening an account.... Excluding CDs, do most of you have both a checking and savings account, even if you seldom use the checking account? Any minimum balance in their checking acct? Beneficiaries: I can't find a clear answer, but it appears you can only assign POD beneficiaries to I...
by Tamales
Mon Oct 15, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6424

Re: When to stop putting money into an older vehicle

You have to first identify a suitable replacement and what it would cost (including insurance costs) before you can make any comparisons or decisions. If you can't afford the replacement then your decision is made. If you can afford it, then list pros and cons for each side of the decision, assign s...
by Tamales
Mon Oct 08, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: ARA Recommendations on RMD Table Revision
Replies: 1
Views: 286

Re: ARA Recommendations on RMD Table Revision

Their arguments seem to make sense. It's hard to believe that the calculation method and data source for determining how much change there has been is not codified somewhere. So apparently the Secretary of the Treasury will just pick whatever result he likes best, based on the comments submitted?
by Tamales
Wed Oct 03, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: How many months/years of living expenses do you save each year?
Replies: 29
Views: 3491

Re: How many months/years of living expenses do you save each year?

Isn't this the same question as "what percentage of your post-tax dollars do you save each year"? Related but different. If that works your your situation, roll with it. Retirement (in my view anyway) is all about creating a pool of funds to draw P years of living expenses from, where P is estimate...
by Tamales
Mon Oct 01, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: How many months/years of living expenses do you save each year?
Replies: 29
Views: 3491

How many months/years of living expenses do you save each year?

Not wanting to hijack the budget thread, I was wondering how many months/years of living expenses folks are socking away each year (total savings including pre and after tax dollars after all payroll taxes, divided by your living expenses). Also wondering how many of you pay more annually in payroll...
by Tamales
Mon Oct 01, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9550

Re: Suze Orman - "I hate the FIRE movement."

re: She believes that unemployment will be 25% in a decade or two, and that tax rates will increase dramatically. Some of the people who hype AI and automation make similar forecasts, and a tax rate increase would presumably follow due to the smaller contribution base. I bet an article about that wo...
by Tamales
Mon Oct 01, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Good place for bond total return charts
Replies: 8
Views: 545

Re: Good place for bond total return charts

FWIW, here's an iphone app for total and price returns: http://correctcharts.com/
No idea how much it costs or how useful. I just happened across it and thought it might be relevant here.
by Tamales
Sun Sep 30, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house in retirement??
Replies: 23
Views: 3893

Re: Buying house in retirement??

Banker here. All banks that originate mortgages have to document and verify a customer's ability to repay a consumer mortgage loan. This is a federal regulatory requirement under the Ability to Repay (ATR) rule which is outlined in the Dodd-Frank act. Per the ATR rule, banks MUST consider and addre...
by Tamales
Fri Sep 28, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: What to consider when selling company RSUs
Replies: 18
Views: 1915

Re: What to consider when selling company RSUs

By the way, the federal tax portion of the shares that are withheld for tax purposes at each vesting uses the supplemental income rate, not your ordinary income rate. So if the annual total of all these RSUs is a significant part of your annual income and you are in a higher tax bracket than the 22%...
by Tamales
Fri Sep 28, 2018 8:23 am
Forum: Investing - Help with Personal Investments
Topic: What to consider when selling company RSUs
Replies: 18
Views: 1915

Re: What to consider when selling company RSUs

The most common way RSU plans work is you are granted x shares in year 0, and x/4 shares vest on the anniversary date each year (i.e. after 4 years, they have all vested). If this company gives out RSUs each year as part of your review process, in any given year (assuming you've been there for at l...
by Tamales
Thu Sep 27, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to consider when selling company RSUs
Replies: 18
Views: 1915

Re: What to consider when selling company RSUs

[*]In terms of taxes, the RSUs vest in chunks every two months... DanEmmy, would you mind providing a few more details? I ask because these RSU threads often result in the poster finding out they don't actually have RSUs, or that their company plan works differently than they thought. RSUs exist in...
by Tamales
Thu Sep 27, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Why don't I read about this strategy more? [12-month moving average, momentum]
Replies: 85
Views: 11538

Re: Why don't I read about this strategy more? It seems to beat everything else

Some may remember a poster named "TorturedRegret" who implemented a similar trendline triggered strategy and was planning to post all his trades on the forum. Here's the thread: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=173980 He went a bit further and shorted when the exit trigger was a...