Search found 37 matches

by kdsunday
Wed Aug 28, 2019 3:27 pm
Forum: Investing - Theory, News & General
Topic: Practical difference: negative interest vs inflation?
Replies: 8
Views: 895

Re: Practical difference: negative interest vs inflation?

There's been a lot of misunderstanding of QE. There is no money printing. Correctly understood, QE is the Federal Reserve implementing a change in the composition of private sector assets, effectively reducing the duration of liabilities (swapping short-term Treasuries with the overnight reserve dep...
by kdsunday
Mon Aug 12, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: Book or documentary recommendations on American economic dominance
Replies: 26
Views: 1638

Re: Book or documentary recommendations on American economic dominance

I would recommend Americana by Bhu Srinivasan and Empire of Wealth by John Steele Gordon as introductory surveys. I would then develop a few specifics questions you would like answered and do whatever it takes to find the answers, including emailing college professors and going down rabbit holes on ...
by kdsunday
Mon Jun 03, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Attaining a dream job / career satisfaction
Replies: 7
Views: 1031

Attaining a dream job / career satisfaction

I am curious for folks who would say they either currently have their "dream job" in terms on function and role or have a job that approximates maximum satisfaction in that it affords them the ability to spend time with family, pursue hobbies, be engaged with church or religious pursuits, etc., in a...
by kdsunday
Sat Mar 16, 2019 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Offset inherited IRA tax with Trade IRA?
Replies: 9
Views: 564

Re: Offset inherited IRA tax with Trade IRA?

Thanks everyone. Yes I am not proposing a backdoor Roth and yes the new IRA would be deductible. I view consolidating accounts as a major plus here, as most of our assets are with Vanguard. Frankly EJ has not been the easiest to work with through all of this and I would rather not be tied up with th...
by kdsunday
Fri Mar 15, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Offset inherited IRA tax with Trade IRA?
Replies: 9
Views: 564

Offset inherited IRA tax with Trade IRA?

I have inherited a portion of a traditional IRA which has been transferred to me as an Inherited IRA. I understand my choices are to take a full distribution, withdraw the account over five years or take lifetime distributions. The amount of the account is small, less than the $5k (which is less tha...
by kdsunday
Tue Oct 16, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: Zion Nat'l Park & mosquitos in October?
Replies: 17
Views: 1511

Re: Zion Nat'l Park & mosquitos in October?

We visited there last year (along with Bryce) in late October. It's a very nice time to visit - crowds should be pretty thin. I don't believe we had any trouble with mosquitoes - and I usually get bit a lot if they are around - or any other pests. That said, it can't hurt to bring the spray along (t...
by kdsunday
Wed Feb 08, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Rand Paul predicts bubble / boom in stock market
Replies: 16
Views: 2523

Re: Rand Paul predicts bubble / boom in stock market

It's very difficult to time the market. One has to be right twice: when to get out and when to get back in. It's time in the market, not timing the market, that leads to success. Stay the course.
by kdsunday
Wed Jan 18, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: Should you be worried about losing money in bonds?
Replies: 14
Views: 4517

Re: Should you be worried about losing money in bonds?

Based on that chart, and in comparison to the worst years for stocks? No, I would not be worried. Is there potential for bonds to fall in value in a given year? Yes, the chart shows that has happened. But while the value of a portfolio or its components may fall over a given period of time, I only c...
by kdsunday
Thu Jan 12, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: Social Security Adminstration to Cut Back on Paper Statements
Replies: 0
Views: 468

Social Security Adminstration to Cut Back on Paper Statements

In case you might start wondering where your annual Social Security report that used to come in the mail went, in a recent blog post , the SSA announced paper statements will only be sent to: -people 60 and over -those not receiving benefits -those who do not have a "my Social Security" account. The...
by kdsunday
Tue Jan 10, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: 529 - With 6 year horizon
Replies: 13
Views: 1181

Re: 529 - With 6 year horizon

I would continue to invest in the 529 accounts, especially if there is a state income tax deduction available (which I believe there is in just about every state that has a state income tax). Barring any outstanding debt, your only other options on that $9,000/year would be to give it away, spend it...
by kdsunday
Thu Dec 01, 2016 11:14 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman challenges John Bogle
Replies: 157
Views: 18437

Re: Paul Merriman challenges John Bogle

I am always impressed with the thoughtful and intelligent discussions on this forum. I think three things are worth keeping in mind in the ever on-going debate about the small cap premium: First, and more importantly, it was impossible to have captured the identified historical outperformance of sma...
by kdsunday
Mon Nov 07, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Newly married tax question
Replies: 4
Views: 549

Re: Newly married tax question

Thank you.
by kdsunday
Mon Nov 07, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Newly married tax question
Replies: 4
Views: 549

Newly married tax question

Good morning,
I will be getting married at the end of next April. When it comes time to file next year's return, will we be considered married the entire year, or will we somehow file an individual return for the first five months and then a joint filing for the last seven?
by kdsunday
Fri Oct 21, 2016 10:25 am
Forum: Investing - Theory, News & General
Topic: "Jack Bogle wouldn’t risk investing outside the US"
Replies: 101
Views: 11307

Re: "Jack Bogle wouldn’t risk investing outside the US"

While I don't believe Jack's point of view on this has changed since then, it is worth pointing out this article is two years old.
by kdsunday
Thu Oct 13, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much does a 401k management plan make?
Replies: 1
Views: 309

Re: How much does a 401k management plan make?

My understanding is the going rate for 401k administrators is .25%. There are additional regulatory burdens that employers must pay, and this cost is often borne by employees in addition to fund expense fees that are higher than an individual investor might find in a Vanguard or Fidelity. Sometimes ...
by kdsunday
Thu Oct 13, 2016 10:12 am
Forum: Personal Finance (Not Investing)
Topic: At-fault driver's insurance wants to pay before repairs
Replies: 14
Views: 1781

Re: At-fault driver's insurance wants to pay before repairs

Thanks everyone for the feedback. Our state (PA) does allow for after-market parts to be used for repairs. Interesting that you can get a specific rider specifying OEM - I did not know that. I assume PA law allows that if they also allow after-market parts to be used. This has been an instructive ex...
by kdsunday
Wed Oct 12, 2016 10:46 am
Forum: Personal Finance (Not Investing)
Topic: At-fault driver's insurance wants to pay before repairs
Replies: 14
Views: 1781

At-fault driver's insurance wants to pay before repairs

Hi all, Recently my fiance was in an accident, a rear-end collision by an insured driver who accepted responsibility. Their insurance company has accepted liability. However the company has been difficult to deal with. They are refusing to allow my fiance to drop to vehicle off at the shop on a week...
by kdsunday
Mon Oct 10, 2016 11:49 am
Forum: Personal Consumer Issues
Topic: New car: wait for redesigned 2017 to arrive before purchasing 2016?
Replies: 15
Views: 1782

Re: New car: wait for redesigned 2017 to arrive before purchasing 2016?

I would just wait for the 2017, because it's redesign has a number of new features appealing to me (design, engine, HP, etc). I would also note that based on what some friends who work in auto sales for different brands have told me, Subaru generally gives dealers less license to be flexible on pric...
by kdsunday
Wed Sep 28, 2016 12:41 pm
Forum: Personal Consumer Issues
Topic: Savannah and Charleston
Replies: 23
Views: 3404

Re: Savannah and Charleston

We stayed at the Planters Inn in Savannah - right in the center of the historic area. Most everything is walkable from there. I would definitely suggest eating at the Pink House - their BLT salad is excellent, and reservations recommended. The Bonaventure Cemetery and Wormsloe Estate are a short dri...
by kdsunday
Tue Sep 27, 2016 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Does it matter what type of college one goes to?
Replies: 278
Views: 26712

Re: Does it matter what type of college one goes to?

In my experience, it is more about having a nice network built up through several internships than it is the name on the degree. I would caveat that to say I have worked in government, politics, marketing and public relations. This experience may not be relevant to medical, engineering or technology...
by kdsunday
Fri Sep 23, 2016 9:58 am
Forum: Personal Consumer Issues
Topic: Tenant responsible for appliances?
Replies: 20
Views: 2399

Re: Tenant responsible for appliances?

The word is at least ambiguous enough to one of the parties signing the contract. I would suggest writing to the landlord your concerns, including proposed new language that clarifies it to your level of comfort.
by kdsunday
Thu Sep 01, 2016 3:13 pm
Forum: Personal Investments
Topic: Start Taxable Acct to Build Down Payment?
Replies: 4
Views: 797

Re: Start Taxable Acct to Build Down Payment?

Livesoft mentioned the operative word here - risk. How close are you, timewise, from wanting to put a down payment on a house? From the link to your previous post, you had mentioned you have $30k set aside for a downpayment on a house. Depending on your location, that might be pretty close to a nice...
by kdsunday
Thu Sep 01, 2016 12:51 pm
Forum: Investing - Theory, News & General
Topic: Deadspin - A Salute to John Bogle
Replies: 16
Views: 3172

Re: Deadspin - A Salute to John Bogle

Matt Levine's take in his regular Bloomberg column is a better perspective on this, IMO. Rather than putting Bogle in the company of Che Guevara, Levine says a better example would be Henry Ford finding a way to make a useful product (the automobile) more affordable to everyone. I am not sure I am t...
by kdsunday
Fri Aug 26, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is my salary inflated by my employer?
Replies: 32
Views: 4983

Re: Is my salary inflated by my employer?

To answer your questions: 1. I would use the $69k figure. I would only bring health insurance into the equation if you are bringing in all other benefits into the equation. 2. I would not assume any salary figures on the internet include benefits. 3. "Normal benefits" is highly contextual based on g...
by kdsunday
Thu Aug 25, 2016 8:50 am
Forum: Personal Investments
Topic: Am I DCA-ing too much?
Replies: 10
Views: 1455

Re: Am I DCA-ing too much?

The best financial plan is the one you can stick to. If you believe these monthly amounts will get you to where your financial plan was set up to take you, then stick with it. Going lump sum may in the very long run be more economically rational, though that won't matter if you can't stick to a fixe...
by kdsunday
Mon Aug 22, 2016 3:21 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3976
Views: 1131906

Re: What Book Are You Currently Reading? Part VI

I am halfway through The Destructive War: William Tecumseh Sherman, Stonewall Jackson and the Americans by Charles Royster. It is a great read with the evolution of how Sherman and Jackson approached their roles in the Union and Confederate armies, respectively, as well as how various newspapers and...
by kdsunday
Mon Aug 22, 2016 7:12 am
Forum: Personal Consumer Issues
Topic: Best way to sell comic books?
Replies: 8
Views: 1609

Best way to sell comic books?

Good morning, Just curious if anyone here has had success in unloading comic books. I have ~1,500 I would guess. Some are worth going through the effort of selling individually on eBay. Many however are generic mid-1990's issues that might have a nominal value of $2-$3/each but no one is going to pa...
by kdsunday
Thu May 26, 2016 3:25 pm
Forum: Investing - Theory, News & General
Topic: TLH only useful until maxing out 401k, IRA?
Replies: 3
Views: 635

TLH only useful until maxing out 401k, IRA?

A recent article on Vox made this claim: "Tax loss harvesting only becomes useful after you max out tax-advantaged accounts like 401(k)s and IRAs." http://www.vox.com/2016/5/20/11710486/robo-advisers-betterment-wealthfront Why the author believes this is the case is not really explained in the piece...
by kdsunday
Tue May 10, 2016 12:11 pm
Forum: Personal Investments
Topic: [advice needed] helping my parents buy a smaller house
Replies: 13
Views: 1717

Re: [advice needed] helping my parents buy a smaller house

Are your parents intending to purchase this house with cash? I am not sure why they would need $200k to $300k for closing costs and moving fees, even if the former property is not sold yet.
by kdsunday
Tue May 10, 2016 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: More House or More Investing?
Replies: 25
Views: 3799

Re: More House or More Investing?

I would suggest the least amount of house you are comfortable living in. In addition to what many others have said above (being able to increase how much you are investing), you are also in essence training yourselves to get by on less - which will help move the date of whenever you will be financia...
by kdsunday
Tue May 10, 2016 8:17 am
Forum: Investing - Theory, News & General
Topic: Don't stay the course
Replies: 118
Views: 19413

Re: Don't stay the course

I would argue lower returns during the accumulation period is a good thing. You are continuing to purchase shares at a lower price. The impacts of inflation are also understated in most of these projections about lower future returns. If inflation is muted ( say, 2%) and returns are 7%, are you at a...
by kdsunday
Fri Feb 26, 2016 1:01 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard announces 3rd round of Expense Ratio reductions]
Replies: 43
Views: 5597

Re: Vanguard cuts expense ratios for VWO and VSS

The press release announcing the ER reductions can be viewed at http://www.prnewswire.com/news-releases/vanguard-announces-third-round-of-expense-ratio-reductions-brings-142-million-in-combined-savings-to-investors-300226905.html . Six Vanguard international ETFs and one domestic equity ETF (the $11...
by kdsunday
Wed Jan 13, 2016 2:27 pm
Forum: Investing - Theory, News & General
Topic: Saving more over factor tilting, REITs, etc.
Replies: 9
Views: 801

Saving more over factor tilting, REITs, etc.

I succeeded in recent weeks in driving myself crazy trying to determine whether or not adding additional exposure to REITs or small-cap value in my portfolio (which is generally a Three Fund approach, though having a 401k at work that leaves a lot left to be desired in terms of fees complicates that...
by kdsunday
Tue Jan 12, 2016 10:06 am
Forum: Personal Investments
Topic: Payoff loans?
Replies: 24
Views: 2754

Re: Payoff loans?

we pay off credit cards every month, cars are paid off, put 20% down on our house and pay more than our monthly minimum, and have 6 months cash put away. Forgive me if I am inferring too much from the first two parts of this sentence, but it seems that between you and your wife you are very conscio...
by kdsunday
Mon Jan 11, 2016 3:32 pm
Forum: Personal Investments
Topic: Capital Gains, Taxes and Fund Performance
Replies: 3
Views: 321

Capital Gains, Taxes and Fund Performance

Are capital gains and dividends included in fund performance information that is listed in a fund's profile on Vanguard.com, and, if not, why not? As an example, the Wellington Fund Investor Shares distributed $1.32 per share at a reinvested price of $37.05 per share in late December 2015. That equa...
by kdsunday
Thu Aug 07, 2014 3:04 pm
Forum: Personal Investments
Topic: Traditional, Roth 401(k) rollovers, conversions, limits?
Replies: 3
Views: 541

Traditional, Roth 401(k) rollovers, conversions, limits?

As I understand it, barring certain income limits and age-based "catch-up" allowances, individual contributions in a year are limited to $17,500 for 401(k) contributions and $5,500 for IRA contributions. As I also understand it, contributions may be made as either tax-deferred or post-tax, Roth cont...