Search found 53 matches

by OriolesFan89
Fri Jan 24, 2020 11:04 am
Forum: Personal Finance (Not Investing)
Topic: 2nd Home Down Payment
Replies: 9
Views: 991

Re: 2nd Home Down Payment

Thanks for the great responses, all. You all are more risk adverse than I am it sounds like. Maybe that's a product of me not having been through a recession yet? Bloom - I paid $320k for it. I could probably get $350k. Not a great last 8 years for Baltimore! fittan - Not a debbie downer! That's a f...
by OriolesFan89
Tue Jan 14, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: 2nd Home Down Payment
Replies: 9
Views: 991

Re: 2nd Home Down Payment

Am I missing something about this capital gains deduction that you both mentioned? Am I correct that you don't pay taxes on the increase in home value up to $500k for a married couple? So my $320k home can be sold for $820k without paying capital gains tax on it? I understand that this would go away...
by OriolesFan89
Tue Jan 14, 2020 9:16 am
Forum: Personal Finance (Not Investing)
Topic: 2nd Home Down Payment
Replies: 9
Views: 991

2nd Home Down Payment

My wife and I are looking to buy a home later this year, going from the downtown life to being 10 miles from downtown. We're looking at homes in the $400-$550k range so let's call a traditional down payment of 20% of $100k. We have $35k in a high-interest savings account tabbed for this right now. I...
by OriolesFan89
Wed Oct 16, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 5249

Prenuptial agreement for moderately successful 30 year olds

I'm getting married to my girlfriend of nearly 10 years. We met at the end of college and will be 30 and 31 years old when we get married in December. It's an exciting time for us! Due to my parents paying for my 5 years of out of state college, many years of $10k birthday checks from grandma, and b...
by OriolesFan89
Tue Sep 25, 2018 10:15 am
Forum: Personal Investments
Topic: What to do with a windfall
Replies: 10
Views: 1594

Re: What to do with a windfall

Dandy - Let me make sure I'm following your math on this right. The gains paid would both come from 1099-INT forms I'm guessing so I'd be paying on my ordinary income tax. Let's say I invest $20k in that fund and get 1.80% yield (1.99% yield minus 0.19% expenses) so that's $360. And then call it 0....
by OriolesFan89
Mon Sep 24, 2018 1:51 pm
Forum: Personal Investments
Topic: What to do with a windfall
Replies: 10
Views: 1594

Re: What to do with a windfall

Thanks for the quick responses. I was kidding about the boat thing... come on now! I haven't reached mid-life crisis age yet. It sounds like the 529 plan is out, as well. I should have mentioned that I'm not sure that I'll sell the house we currently live in in 2-3 years. Keeping it as a rental migh...
by OriolesFan89
Mon Sep 24, 2018 9:35 am
Forum: Personal Investments
Topic: What to do with a windfall
Replies: 10
Views: 1594

What to do with a windfall

Without getting into details of where the money is coming from, I'll be receiving a tax-free windfall of about $40k before the end of the year. I am engaged to be married next year and will be paying for wedding expenses along the way. That money will be coming from what would have been invested in ...
by OriolesFan89
Fri Sep 14, 2018 8:09 am
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1579

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

gostars - Great observation on the different number of companies in those indexes. I'm a little leery of SPEM just because it's only a $1B ETF. Maybe that's a stupid concern but I think I'm splitting hairs anyway. I'll be going with IEMG.
by OriolesFan89
Thu Sep 13, 2018 8:29 am
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1579

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

gostars - Would you be worried that SPEM could be too similar to VWO? I don't want to create a wash sale.
by OriolesFan89
Wed Sep 12, 2018 2:10 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1579

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

indexfundfan - It's probably a little off-topic now but I am tilted towards small-cap and emerging markets so I own VXUS, VSS, and VWO.
by OriolesFan89
Wed Sep 12, 2018 2:02 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1579

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

indexfundfan The list provided by mhalley has pretty good links to some insights with regard to that. https://www.etf.com/channels/emerging-markets-etfs Yes, you are right. IEMG is the only one of those 4 that counts South Korea. I'm not sure if that's an argue for or against it but thank you for p...
by OriolesFan89
Wed Sep 12, 2018 1:54 pm
Forum: Personal Investments
Topic: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting
Replies: 23
Views: 1579

Re: buying Fidelity funds in a Vanguard account for purposes of tax loss harvesting

daveydoo - Out of the 4 ETFs mentioned here (VWO, SPEM, SCHE, and IEMG), which two do you prefer? I'm doing the same thing as the OP and will be selling some VEMAX/VWO and buying something new, but I don't want to have 4 separate emerging markets holdings like you said you regret. :wink: I was lean...
by OriolesFan89
Thu Dec 29, 2016 1:34 pm
Forum: Investing - Theory, News & General
Topic: "Fun Money" Allocation
Replies: 28
Views: 4960

Re: "Fun Money" Allocation

OP here... Following through 2016 resolutions here by following up on things I started researching/doing. So here I am, playing catch up! I appreciate all of the advice and have decided to move down to 5% of "fun money". I'm down to 7.2% now and will TLH the individual stocks until I'm down to 5%. I...
by OriolesFan89
Thu Oct 27, 2016 6:16 am
Forum: Investing - Theory, News & General
Topic: "Fun Money" Allocation
Replies: 28
Views: 4960

Re: "Fun Money" Allocation

Thanks everyone for the insight. A lot of different opinions out there and I hope others are soaking those up. Taylor - Thanks for the response. I respect your work tremendously! My ROI for buying an individual company is higher than the blackjack table (even with 3:2 blackjack, dealer stands on sof...
by OriolesFan89
Wed Oct 26, 2016 2:05 pm
Forum: Investing - Theory, News & General
Topic: "Fun Money" Allocation
Replies: 28
Views: 4960

Re: "Fun Money" Allocation

nisipirus - Outstanding answer! I appreciate the thoughts from an older guy with experience. I'm 27 for what it's worth. I actually have "lost it all" on a couple of investments... penny stock type things. But I've also made 500%+ on Apple and Amazon. I would be okay with losing the entire 10% buck...
by OriolesFan89
Wed Oct 26, 2016 6:51 am
Forum: Investing - Theory, News & General
Topic: "Fun Money" Allocation
Replies: 28
Views: 4960

"Fun Money" Allocation

I own shares of VGPMX (Vanguard Precious Metals and Mining) and a handful of other stocks that I call "fun money' investments. I like to keep that at under 10% or my entire portfolio which is just shy of $500k. I generally buy $3-5k of each stock simply because I like the company and hope for the be...
by OriolesFan89
Tue Sep 27, 2016 10:06 am
Forum: Personal Investments
Topic: 72t Withdrawals for Young-Retiree
Replies: 24
Views: 4973

Re: 72t Withdrawals for Young-Retiree

cherijoh - Thanks for clearing that up. You're right - I was confused. MI_Bogle - You would do 100% of 401k contributions to traditional rather than Roth? I know it's a guessing game but it seems like having an even mix of both would be good. I realize I'm not even close to there right now with way...
by OriolesFan89
Mon Sep 26, 2016 4:00 pm
Forum: Personal Investments
Topic: 72t Withdrawals for Young-Retiree
Replies: 24
Views: 4973

Re: 72t Withdrawals for Young-Retiree

To clear things up a bit, I am currently maxing out my company 401k (67% to traditional and 33% to Roth - This wasn't always the case. I used to be 100% Roth.) and my Roth IRA. It seems like switching to 100% traditional 401k contributions right now would be wise. Most of the taxable investment mone...
by OriolesFan89
Mon Sep 26, 2016 2:17 pm
Forum: Personal Investments
Topic: 72t Withdrawals for Young-Retiree
Replies: 24
Views: 4973

Re: 72t Withdrawals for Young-Retiree

KlangFool and Wizard - I've heard of these but doesn't that not make sense for me as I already have almost all of my tax-sheltered money already in Roth accounts? Are you suggesting that I do traditional 401k and traditional IRA contributions now and "convert" to Roth later when I'm in a lower tax ...
by OriolesFan89
Mon Sep 26, 2016 2:01 pm
Forum: Personal Investments
Topic: 72t Withdrawals for Young-Retiree
Replies: 24
Views: 4973

72t Withdrawals for Young-Retiree

I'm curious if any young retirees have taken 72t withdrawals at a significantly younger age than 50? Is that a recommended strategy for someone in their 40's with half of their portfolio in tax-sheltered and tax-free accounts? It's my understanding that doing so locks you into a ~1.8% or so withdraw...
by OriolesFan89
Thu Aug 20, 2015 2:47 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - Int'l fund
Replies: 18
Views: 2502

Re: Tax Loss Harvesting - Int'l fund

livesoft - Thanks for the response. I could be way off here but wouldn't buying the replacement shares right away trigger a wash sale? Unless you're suggesting buying something comparable but not identical.

I'm not worried about sitting on the cash. It isn't a ton of money here.
by OriolesFan89
Thu Aug 20, 2015 12:28 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - Int'l fund
Replies: 18
Views: 2502

Re: Tax Loss Harvesting - Int'l fund

Since I'm in nearly the same boat as the OP, I won't bother with a new thread. I have $2400 in unrealized short term losses in VEMAX in a taxable account. I haven't bought any since June. Am I correct that for tax purposes, you can only claim $3k per year in short term losses against your income? I ...
by OriolesFan89
Fri Jan 16, 2015 1:22 pm
Forum: Personal Investments
Topic: Maxing 401k vs Roth 401k vs Roth IRA
Replies: 25
Views: 6209

Re: Maxing 401k vs Roth 401k vs Roth IRA

I certainly won't have a pension and hopefully won't have SS. I figure my mortgage interest credits go down a few hundred bucks/year and my wages continue to go up by $5k/year, I'll be at the 28% bracket in 6ish years. I think then maybe I will do as you suggested "Another option for you would be to...
by OriolesFan89
Fri Jan 16, 2015 8:14 am
Forum: Personal Investments
Topic: Maxing 401k vs Roth 401k vs Roth IRA
Replies: 25
Views: 6209

Re: Maxing 401k vs Roth 401k vs Roth IRA

I'm in the bottom of the 25% now (home owner for 2 years so the interest credits are still big) myself. Being only 25 years old, I'd rather just sock away as much as I can and take advantage of the Roth programs because who knows if they'll last. It'd be hard to complain about having a million in Ro...
by OriolesFan89
Thu Jan 15, 2015 5:38 pm
Forum: Personal Investments
Topic: Maxing 401k vs Roth 401k vs Roth IRA
Replies: 25
Views: 6209

Re: Maxing 401k vs Roth 401k vs Roth IRA

rkhusky - Thanks for the response. I agree that it does seem unlikely for tax rates to be double what they are now in the future. Heck, the whole Roth system might not be around in the future. I think for now I will stick with the both Roth options. It is too hard for me to get away from the idea o...
by OriolesFan89
Wed Jan 07, 2015 4:17 pm
Forum: Personal Investments
Topic: Maxing 401k vs Roth 401k vs Roth IRA
Replies: 25
Views: 6209

Re: Maxing 401k vs Roth 401k vs Roth IRA

rkhusky - Thanks for the response. I did not think about how only the gains are taxed. Since I'm young, I'm stuck in the thought of my investments being worth 10x their current value so it'd be nearly all gains when I withdraw. Good point. Also, when withdrawing from a traditional 401k, that money ...
by OriolesFan89
Wed Jan 07, 2015 3:37 pm
Forum: Personal Investments
Topic: Maxing 401k vs Roth 401k vs Roth IRA
Replies: 25
Views: 6209

Re: Maxing 401k vs Roth 401k vs Roth IRA

Enjoying this topic since I've been debating this myself. I'm 25 and have maxed out my Roth IRA and Roth 401k the last two years. I'm at the point where I have another ~$15k/year that I'm putting into index funds e. That $15k will likely continue to increase in the future so maybe when I'm 50 and wa...
by OriolesFan89
Wed Jan 07, 2015 8:04 am
Forum: Personal Investments
Topic: What to do with VGPMX (Vanguard Precious Metals and Mining)?
Replies: 131
Views: 25092

Re: What to do with VGPMX (Vanguard Precious Metals and Mini

Anyone know if there is going to be a dividend for this year? I see that under the "Distributions" tab on the VG website it lists "Fiscal year end : 1/31/2015". It seems like in past years the dividend has been paid by early January though.
by OriolesFan89
Mon Dec 29, 2014 1:32 pm
Forum: Personal Investments
Topic: Does Total Int'l include emerging markets?
Replies: 9
Views: 1899

Re: Does Total Int'l include emerging markets?

Noobvestor - Just curious, if you are going to go 50/50 on developed and emerging, why not do 33/33/33 with ex-US Small cap (VFSVX) also? 0.40% ER too high?
by OriolesFan89
Tue Dec 09, 2014 4:27 pm
Forum: Personal Investments
Topic: Diversify International Index Funds
Replies: 16
Views: 1924

Re: Diversify International Index Funds

Sorry to hear that you've had money sitting on the sidelines... ha! If you're feeling advanced enough to rebalancce, I'm considering taking 35% of my stocks and dividing that into VEMAX, VFSVX, and VTMGX. Those are all international VG funds. Emerging, Developed, and small cap. 12.5%, 12.5% and 10.0...
by OriolesFan89
Thu Dec 04, 2014 5:42 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

Believe it or not, mine is 3.2% too. Tied for the highest in the great state of MD!
by OriolesFan89
Thu Dec 04, 2014 3:08 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

I guess this thread isn't dead?? swaption - That is smart. While we're staying off topic, I sold about 25k worth of that batch of money in my first year of work and then bought a home shortly after. Like most college grads, I started work in the summer so I was only making half of what my starting s...
by OriolesFan89
Fri Oct 31, 2014 6:54 am
Forum: Personal Investments
Topic: VGPMX: anyone contrarian enough to buy it?
Replies: 79
Views: 14338

Re: VGPMX: anyone contrarian enough to buy it?

I keep my fun money at under 10% of my total portfolio and this fund is a big chunk of that. As it keeps doing poorly, I can afford to buy more! I have bought in 3 times at 10.90, 10.05 and 9.65. I guess I'll be buying again. Not that I'm chasing this, but It paid a monster dividend (7%) back in 201...
by OriolesFan89
Tue Oct 28, 2014 7:03 am
Forum: Personal Investments
Topic: VGPMX: anyone contrarian enough to buy it?
Replies: 79
Views: 14338

Re: VGPMX: anyone contrarian enough to buy it?

It is part of my "fun money" portfolio along with a handful of stocks. I bought into it at ~10.90 and more at ~9.90. Thinking about digging myself deeper!
by OriolesFan89
Thu Oct 23, 2014 2:10 pm
Forum: Personal Investments
Topic: Slice & Dice International
Replies: 11
Views: 1854

Re: Slice & Dice International

Fair enough. Weekly sounds much more doable than daily. Monthly sounds even better... I'm pretty handy with a spreadsheet so neither would be too daunting.
by OriolesFan89
Thu Oct 23, 2014 1:23 pm
Forum: Personal Investments
Topic: Slice & Dice International
Replies: 11
Views: 1854

Re: Slice & Dice International

livesoft - Great chart. Owning EWX (yellow) would be redundant it seems. I like the idea of going with three funds: Developed, Emerging and Small. I was considering adding a 4th for value (VTRIX) and then just splitting them 25% each. Rebalance/gamble on them quarterly with 20% and 30% bounds. Grt2...
by OriolesFan89
Thu Oct 23, 2014 7:55 am
Forum: Personal Investments
Topic: Slice & Dice International
Replies: 11
Views: 1854

Re: Slice & Dice International

livesoft - I like the idea of only slicing it two ways. If what Karamatsu said is true, wouldn't it be better to split it two ways by developed vs emerging rather than by cap size? P.S. Thanks for the wiki write up on ETFs vs Mutual Funds. Very educational. You are the expert on this. I'd be going ...
by OriolesFan89
Wed Oct 22, 2014 9:57 am
Forum: Personal Investments
Topic: Slice & Dice International
Replies: 11
Views: 1854

Slice & Dice International

After reading over the wiki for slice and dice http://www.bogleheads.org/wiki/Slice_and_dice and international slice and dice http://www.bogleheads.org/wiki/Slice_and_dice_international , I'm still not totally clear on something. It seems that there are two ways to do set up a S&D for international ...
by OriolesFan89
Thu Aug 07, 2014 7:51 am
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

Dutch wrote:a spoiled young buck? :P

Spoiled in that I'm 25, have no student/car/credit card debt, own a home and have been fortunate enough to make out Roth retirement accounts. No complaints! :sharebeer
by OriolesFan89
Wed Aug 06, 2014 4:23 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

This puts me a paltry $500, with a lot of assumptions. I didn't follow the quick math, but adding the $33k to your taxable income would likely push you out of the 15% bracket.... Whatever spills over would be taxed at 15%. Maybe that's what you meant by your last sentence, but there seems to be a w...
by OriolesFan89
Tue Aug 05, 2014 2:21 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

denovo - It is a bit cumbersome to rebalance my AA with different providers but if I'm doing so on a quarterly basis, I will only have to do so 6x over the next ~17 months when I will know if I'll be able to stay in the 15% federal tax bracket for 2015. That seems worth it to save myself $5k. Unles...
by OriolesFan89
Tue Aug 05, 2014 9:07 am
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

BL When posting to this thread weeks back, I didn't realize that the capital gains tax would be 0% if you are in the 15% federal tax bracket. That is pretty significant. Looking at 2013 taxes, my taxable income (after deductions/exemptions/etc.) was 48k. It is too late to do this in 2014 but for 20...
by OriolesFan89
Tue Jul 29, 2014 4:47 pm
Forum: Personal Investments
Topic: Is rebalancing worth having bonds?
Replies: 26
Views: 2555

Re: Is rebalancing worth having bonds?

Taylor and Aptenodytes - I don't think I entered in a rare situation for a 20-something year old and got 100% stocks, as well. I don't mind risks, I accept volatility, I don't sell during a decline, 15+ year horizons, stable job, etc. I think Vanguard's recommendation has changed in the last year o...
by OriolesFan89
Tue Jul 29, 2014 7:09 am
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

Intermediate it is, then!
by OriolesFan89
Mon Jul 28, 2014 12:56 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

retiredjgThanks again - I'm not into chasing returns, just looking to provide a good buffer for rebalancing, I guess! Unless someone talks me out of it, I will go 50% Intermediate-term Bond Admiral Index and 50% Total Bond Admiral Index.
by OriolesFan89
Mon Jul 28, 2014 10:03 am
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

Great, those points both make sense. Is there a case for me using a bond index different than the Total Bond Index? It'll be in my VG Roth IRA, so taxes aren't a concern. Since this is of course for retirement money, isn't a long-term weighted bond index preferable? I see that the long-term returns ...
by OriolesFan89
Fri Jul 25, 2014 9:09 am
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

All - You guys are great on the advice. Learning more than I thought! grabiner - Good catch on the MD tax rates. Only a 0.25% bump at $100k but I will watch for that. ruravalon - Thanks for summarizing that. It makes it look very simple; I like that. I don't have a VG Total Stock Index fund set up ...
by OriolesFan89
Wed Jul 23, 2014 2:06 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

Re: AA for a spoiled young buck

Thanks for the advice everyone. Great insight! Sorry for taking days to respond. All - I will go 85% stocks, 15% bonds and do this by addition mostly rather than typical rebalancing for now to avoid any tax repercussions. I had never considered this whole "rebalancing" until now so I didn't see the ...
by OriolesFan89
Sat Jul 19, 2014 2:50 pm
Forum: Personal Investments
Topic: AA for a spoiled young buck
Replies: 40
Views: 9951

AA for a spoiled young buck

Emergency funds: 6 months living expenses Debt: Mortgage with $245k and 28 years remaining on 3.625%. I have been and continue to plan on making minimum payments. Tax Filing Status: Single Tax Rate: 25% Federal, 4.75% State State of Residence: MD Age: 25 Individual stocks (Not counting them in any a...
by OriolesFan89
Wed Jul 16, 2014 4:10 pm
Forum: Personal Investments
Topic: New to Forum- please provide opinions on existing AA
Replies: 34
Views: 3766

Re: New to Forum- please provide opinions on existing AA

Sorry for asking a stupid question here but I thought $17,500 was the limit for 401k's unless you are older?