Search found 327 matches

by middistancerunner
Fri Mar 13, 2020 6:59 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: Bogleheads community discussion - Coronavirus

Excellent feed, thanks for linking. Makes doubly clear what is evident to anyone who has been following this issue, and it certainly comports with what Governor Newsom and other health officials have said on the matter. Glad to help, and as I said I have a friend who runs an academic lab in CA and ...
by middistancerunner
Fri Mar 13, 2020 6:50 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: Bogleheads community discussion - Coronavirus

I'm offended that you state that I am pushing an agenda. I am not. I am dealing with facts. The facts are that the President said there WILL be 5 million tests available soon. That means 5 million tests are not available now. The Vice President who earlier was quoting numbers of tests is now silent...
by middistancerunner
Fri Mar 13, 2020 6:45 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: Bogleheads community discussion - Coronavirus

Dr Fauci has publicly said on multiple occasions that we have failed at testing. This was discussed at length in the announcement today. The President said there will be 5 million tests available soon. I think it is safe to say there are not 4 million today. Failed testing? I agree. I don't think i...
by middistancerunner
Fri Mar 13, 2020 6:44 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: Bogleheads community discussion - Coronavirus

Scott Gottlieb, former FDA commissioner, is spearheading an effort to track daily test kit availability; his feed is worth a follow, as is that of the test kit tracker. https://twitter.com/COVID2019tests/status/1238574948110696449/photo/1 As of today we have the capacity to test at maximum 26,375 pa...
by middistancerunner
Fri Mar 13, 2020 6:37 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: Bogleheads community discussion - Coronavirus

Here in MA where we have a big outbreak, there is considerable evidence that people can't get tested, including reports from doctors; I personally know people who have symptoms who haven't been able to get tested. Researchers in academic labs at Harvard etc are being asked to donate viral RNA isolat...
by middistancerunner
Fri Mar 13, 2020 6:30 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: Bogleheads community discussion - Coronavirus

A close family member was ordered by his doctor to get tested for COVID-19 but can't get tested. It's a complete mess. Even for someone with symptoms, negative for other respiratory pathogens, and risk factors. This is going to get bad. And let's just remember that last week Pence promised 4 millio...
by middistancerunner
Thu Feb 13, 2020 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Yet another 2 -> 1 income thread
Replies: 50
Views: 4025

Re: Yet another 2 -> 1 income thread

Has she considered finding another job? Another option would be for her to downshift into some kind of independent consulting/side work for a few years, then plan to reenter the workforce later. Are her skills amenable to that? I feel like this is less about money - if you have seven digits in your ...
by middistancerunner
Mon Feb 10, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fun Side Income in Retirement?
Replies: 50
Views: 4394

Re: Fun Side Income in Retirement?

I recently took a beginner's snowboarding class from a retired guy - his retirement job was snowboard instructor. From talking to him, it sounded like it was entirely for the social aspects and to get free lift passes (i.e. he didn't need the job) On the one hand, he genuinely seemed like one of the...
by middistancerunner
Thu Feb 06, 2020 1:01 pm
Forum: Personal Investments
Topic: I bought a house, what is my AA now?
Replies: 152
Views: 8143

Re: I bought a house, what is my AA now?

Perhaps you want to change your AA since your income needs have changed, assuming your homeowners expenses are much less than rent. You could think of the house as generating a stream of imputed rent: https://en.wikipedia.org/wiki/Imputed_rent If rents are very stable or slowly increasing in your a...
by middistancerunner
Mon Feb 03, 2020 3:06 pm
Forum: Personal Investments
Topic: HSA Accounts
Replies: 45
Views: 3784

Re: HSA Accounts

You don’t have to stay with the HSA provider your employer has picked. You can roll over the funds to another if they offer more attractive options. REALLY? I did not know this. I thought HSAs were a use-it-or-lose-it type of deal? So I can have my HSA funds directly deducted by another provider li...
by middistancerunner
Mon Feb 03, 2020 11:46 am
Forum: Personal Investments
Topic: Solo 401k and 403b
Replies: 16
Views: 1426

Re: Solo 401k and 403b

The 25%/20% is the maximum employer contribution rate. That rate can change for each year even to be 0%. Technically, the employer is required to notify any employees what that rate is before the contributions are made. However, in your case you are both the employer and employee so clearly you alr...
by middistancerunner
Mon Feb 03, 2020 10:59 am
Forum: Personal Investments
Topic: Solo 401k and 403b
Replies: 16
Views: 1426

Re: Solo 401k and 403b

Two questions for you or anyone else knowledgable: 1. I think I can contribute $524, reported on Line 15 of Schedule 1: 2. Where can I find the official IRS language or a worksheet explaining this? I have seen references to Publication 560, but haven't been able to find the portion that helps me co...
by middistancerunner
Mon Feb 03, 2020 1:33 am
Forum: Personal Investments
Topic: Solo 401k and 403b
Replies: 16
Views: 1426

Re: Solo 401k and 403b

I recently wrote up a highly optimized 3 fund portfolio analysis that could save most people 10s to 100s of thousands in costs and fees: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=302611&p=4995352#p4995292 Some of it depends on the flexibility of your accounts though and not ever...
by middistancerunner
Sun Feb 02, 2020 11:38 pm
Forum: Personal Investments
Topic: Solo 401k and 403b
Replies: 16
Views: 1426

Re: Solo 401k and 403b

A one-participant 401k allows you to make the largest contribution on a given amount of net self-employment earnings. You can contribute to both plans, but there are two contribution limits For 2017 there is an $18K employee deferral limit between all qualified plans combined. For 2017 there is a $...
by middistancerunner
Sat Feb 01, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: [403b fiduciary lawsuits: MIT Yale NYU Duke Hopkins Penn Vanderbilt Emory Columbia]
Replies: 106
Views: 16111

Re: [403b fiduciary lawsuits: MIT Yale NYU Duke Hopkins Penn Vanderbilt Emory Columbia]

Anyone with knowledge of the merits able to comment on why MIT seems to have had the least favorable/most expensive settlement? It comports with my general feelings towards the institution and its recent direction, but I'm curious why this was the case. Is it entirely about the Fidelity kickbacks? ...
by middistancerunner
Sat Feb 01, 2020 2:22 am
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

Just curious, how many times have you actually seen someone (outside of a police officer) carrying in Houston? I’ve lived here three years and haven’t seen it one time. Outside of my family, I feel like I see it once every visit or so? My uncle both concealed and open carries so I also encounter it...
by middistancerunner
Fri Jan 31, 2020 11:02 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

Just curious, how many times have you actually seen someone (outside of a police officer) carrying in Houston? I’ve lived here three years and haven’t seen it one time. Outside of my family, I feel like I see it once every visit or so? My uncle both concealed and open carries so I also encounter it...
by middistancerunner
Fri Jan 31, 2020 10:02 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

All depends on what you prioritize. Having grown up in LA and also lived in Mesa for 3yrs, I'd move back to Houston in a second but you couldn't pay me to consider those other two "warm weather" cities. I am definitely not a big car/big house person (I don't own a car and live in a 1400sq...
by middistancerunner
Fri Jan 31, 2020 9:33 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

All depends on what you prioritize. Having grown up in LA and also lived in Mesa for 3yrs, I'd move back to Houston in a second but you couldn't pay me to consider those other two "warm weather" cities. I am definitely not a big car/big house person (I don't own a car and live in a 1400sq...
by middistancerunner
Fri Jan 31, 2020 9:11 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

DH is native Chicagoan, I’m native Kentuckian, we’ve been in Houston for 11 years. Housing is inexpensive. You can get a mansion for very little... as long as your conscience doesn’t bother you. No state income tax but the property taxes make up for it. Summers are beyond brutal. Be prepared for ve...
by middistancerunner
Fri Jan 31, 2020 9:05 pm
Forum: Investing - Theory, News & General
Topic: Do You Do Your Taxes by Hand? Reporter doing story
Replies: 119
Views: 8792

Re: Do You Do Your Taxes by Hand? Reporter doing story

Furthermore, I just have a fundamental aversion to the idea that one should have to pay anything to prepare their taxes. I’m still irked that the IRS doesn’t proactively mail out the basic tax forms to everyone. I know that, for certain taxpayers whose income is within a certain range, they can fil...
by middistancerunner
Fri Jan 31, 2020 9:04 pm
Forum: Investing - Theory, News & General
Topic: Do You Do Your Taxes by Hand? Reporter doing story
Replies: 119
Views: 8792

Re: Do You Do Your Taxes by Hand? Reporter doing story

In recent years I have done by hand and then submitted with Free Fillable Forms (which is essentially by hand, though I guess it might do some assistance in the calculations, I don’t remember). I did it because it was the only way to free file online at my income. I’d do it on paper to avoid paying...
by middistancerunner
Fri Jan 31, 2020 8:57 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

Oh and one last thing - Galveston is really not very nice, and it’s far from Houston. I’ve had much more enjoyable spring/summer days hanging out at the “beaches” on the lake in Chicago. We agree on one thing: access to Galveston is no "plus" when deciding whether to move to Houston. Pret...
by middistancerunner
Fri Jan 31, 2020 8:54 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

Oh and one other thing - guns. Gun culture is totally different. When I go to Houston I will undoubtedly end up in a room with relatives, restaurant with strangers, etc. who are either open or concealed carrying. At the park near my mom’s house you are allowed to bring your guns but not drink out o...
by middistancerunner
Fri Jan 31, 2020 8:49 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

Oh and one last thing - Galveston is really not very nice, and it’s far from Houston. I’ve had much more enjoyable spring/summer days hanging out at the “beaches” on the lake in Chicago.
by middistancerunner
Fri Jan 31, 2020 8:45 pm
Forum: Personal Consumer Issues
Topic: How to decide a job change from Chicago to Houston?
Replies: 52
Views: 3032

Re: HOw to decide a job change from Chicago to Houston?

Agree with the previous poster that Houston is EXTREMELY diverse, immigrants from everywhere, food from everywhere. I don’t have statistics on hand but I think they’d bear out that it’s one of the most diverse places in the entire US. So, I’d say no worries on that front per se. But unlike the previ...
by middistancerunner
Fri Jan 31, 2020 8:33 pm
Forum: Investing - Theory, News & General
Topic: Do You Do Your Taxes by Hand? Reporter doing story
Replies: 119
Views: 8792

Re: Do You Do Your Taxes by Hand? Reporter doing story

In recent years I have done by hand and then submitted with Free Fillable Forms (which is essentially by hand, though I guess it might do some assistance in the calculations, I don’t remember). I did it because it was the only way to free file online at my income. I’d do it on paper to avoid paying ...
by middistancerunner
Fri Jan 31, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: [403b fiduciary lawsuits: MIT Yale NYU Duke Hopkins Penn Vanderbilt Emory Columbia]
Replies: 106
Views: 16111

Re: [403b fiduciary lawsuits: MIT Yale NYU Duke Hopkins Penn Vanderbilt Emory Columbia]

Thanks for the updates, talzara! These summaries are impressive. Any themes or patterns in which cases are going to trial or getting settled v. getting dismissed? I can't see any patterns in the disposition of the cases. NYU's plan was not the best of the bunch, but NYU went to court and won on eve...
by middistancerunner
Fri Jan 31, 2020 2:29 pm
Forum: Personal Investments
Topic: Help with setting up taxable investing, and getting it right the first time
Replies: 8
Views: 627

Re: Help with setting up taxable investing, and getting it right the first time

TLH is one consideration - If you do not TLH much and the market goes up substantially like it did last year - you may need a significant down turn to be able to TLH to a great extent. The other is simplicity and ease. There is nothing easier than a balanced fund - hence I have it in my 401K (TR fu...
by middistancerunner
Fri Jan 31, 2020 2:28 pm
Forum: Personal Investments
Topic: Help with setting up taxable investing, and getting it right the first time
Replies: 8
Views: 627

Re: Help with setting up taxable investing, and getting it right the first time

This will be very simple advice. Each of you overpay federal taxes during the year and opt for iBonds as part or all of the refund. They'll be paper and being in MA, if you're a member of DCU, cashing is easier than almost any investment. That's $5k each. Change W4's or file estimated taxes to get ...
by middistancerunner
Fri Jan 31, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase: When does it make sense?
Replies: 34
Views: 2034

Re: Home Purchase: When does it make sense?

middistancerunner, <<You could easily be in a situation like many of my peers where they make considerably more salary in a big city,>> Or, you could be in a job where you could live anywhere in the USA and get paid about the same. <<To be concrete, many people I know would prefer to be a software ...
by middistancerunner
Fri Jan 31, 2020 1:31 pm
Forum: Personal Investments
Topic: Help with setting up taxable investing, and getting it right the first time
Replies: 8
Views: 627

Re: Help with setting up taxable investing, and getting it right the first time

I bonds have a mandatory 1 year lock-up and if you redeem prior to 5 years, there is a last 3 month interest penalty. The returns while keeping up with inflation leave alot to be desired for funds that may be needed in terms exceeding 5 years. That said, they are absolutely safe but given the major...
by middistancerunner
Fri Jan 31, 2020 1:28 pm
Forum: Personal Investments
Topic: Help with setting up taxable investing, and getting it right the first time
Replies: 8
Views: 627

Re: Help with setting up taxable investing, and getting it right the first time

Thank you! congrats on having such a solid foundation and starting to invest in a taxable account! Thanks :) Absolutely would not have been possible had I not joined this forum years ago when I was still in grad school. On your particular questions 1. Would do 50/50 to give the same risk tolerance o...
by middistancerunner
Fri Jan 31, 2020 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase: When does it make sense?
Replies: 34
Views: 2034

Re: Home Purchase: When does it make sense?

OP, Only when it is significantly cheaper than renting. Assume no price appreciation in your house purchase decision. If the PITI of 20% down payment 30 years mortgage is 20% to 30% cheaper than renting, you may start considering. KlangFool Thank you; Basically, under these parameters no one should...
by middistancerunner
Fri Jan 31, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase: When does it make sense?
Replies: 34
Views: 2034

Re: Home Purchase: When does it make sense?

OP, Only when it is significantly cheaper than renting. Assume no price appreciation in your house purchase decision. If the PITI of 20% down payment 30 years mortgage is 20% to 30% cheaper than renting, you may start considering. KlangFool Thank you; Basically, under these parameters no one should...
by middistancerunner
Fri Jan 31, 2020 11:48 am
Forum: Personal Investments
Topic: Help with setting up taxable investing, and getting it right the first time
Replies: 8
Views: 627

Help with setting up taxable investing, and getting it right the first time

Hi there, My partner and I are in the fortunate position where our annual savings now outstrip the space in our retirement accounts. We have cash accounts that now represent a way-overfunded emergency fund (>2 years of expenses) and I’d like to figure out what to do next. It’s a little daunting doin...
by middistancerunner
Tue Jan 28, 2020 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter's Boston Job Offer
Replies: 115
Views: 9815

Re: Daughter's Boston Job Offer

I lived on $30,000 per year as a grad student for five years, so... definitely doable. A lot will depend on whether she lives with a partner or roommate to keep housing costs reasonable. If she wants to live alone, she'll need to be willing to settle for a super tiny place or a longer commute. As to...
by middistancerunner
Tue Jan 28, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to save BIG in a HCOLA
Replies: 64
Views: 5331

Re: How to save BIG in a HCOLA

We make a similar amount (a bit more: him 240,000, me 125,000) and don't have any trouble saving >50% of our gross. I think we saved about 55% last year. As you point out, housing cost is the ultimate determining factor in our ability to save this much. We have a condo that we bought for about $600,...
by middistancerunner
Thu Jan 16, 2020 12:34 am
Forum: Personal Consumer Issues
Topic: Holiday in Indonesia...not Bali?
Replies: 11
Views: 1123

Re: Holiday in Indonesia...not Bali?

I’ve never been, but I found this article “7 Best Places in Indonesia To Visit Which Are Not Bali” https://www.teacaketravels.com/best-places-in-indonesia-travel/ OMG, do not dress like the woman who wrote that article :oops: It's a progressive muslim country (outside of Bali) and not hard at all t...
by middistancerunner
Thu Jan 16, 2020 12:26 am
Forum: Personal Consumer Issues
Topic: Holiday in Indonesia...not Bali?
Replies: 11
Views: 1123

Re: Holiday in Indonesia...not Bali?

I used to live in Indonesia, about a decade ago. I found it a wonderful place to travel completely off the beaten path, but I did learn Indonesian while I was there, which helped a lot, as outside of areas that are known for tourism people don't necessarily speak English. Regular Indonesians are ins...
by middistancerunner
Tue Nov 26, 2019 6:38 pm
Forum: Personal Consumer Issues
Topic: Theory of Economics book recommendation desired
Replies: 29
Views: 2441

Re: Theory of Economics book recommendation desired

The quality of the above books is pretty variable, but they are all general and some of them are quite dated. Few of them give insight into modern economics *research.* I think you should consider books written by economists who are currently research-active and pushing the field forward. For exampl...
by middistancerunner
Fri Aug 16, 2019 4:12 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

I'd go all taxable. In addition to what you said in OP, you can donate appreciated shares or wait on a step-up in basis & so taxes aren't as inevitable as some would indicate. Donation could be to a donor advised fund. Since you are maxing retirement accounts anyway, the remainder would be eith...
by middistancerunner
Fri Aug 16, 2019 4:10 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

Sure; can we say for the sake of theoretical understanding that it's possible in theory for a person to have special insight that raises the expected value but doesn't eliminate downside risk? There's no premise that he *will* beat the market. The premise is that he thoroughly understands the compa...
by middistancerunner
Fri Aug 16, 2019 3:03 pm
Forum: Investing - Theory, News & General
Topic: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds
Replies: 54
Views: 5193

Re: Lawsuit suggests MIT allowed Fidelity to pack retirement plans with high-fee funds

In my opinion, it would be foolish for anyone to try and buy a spot at MIT for their kid who is otherwise unqualified, assuming that is possible. They would not make it through Freshmen year. There are almost certainly a LOT of rejected kids at MIT who could easily make it through the Freshman year...
by middistancerunner
Fri Aug 16, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a graduate data science job offer, or doing a MSc in Statistics
Replies: 34
Views: 2630

Re: Taking a graduate data science job offer, or doing a MSc in Statistics

Echoing many others: take the job! You'll learn about the space, and may decide later a different degree is more appropriate. I don't think it's implausible that you'll want an advanced education, but you'll be much better placed to take advantage with work experience. FWIW, I interviewed for jobs i...
by middistancerunner
Fri Aug 16, 2019 2:32 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

His "special insight" objectively means nothing to me. The only thing I have to go by is what you've said. It is a random stock with the same expected return as any other stock, but much higher risk than a diversified index. In any case, accepting the premise that he *will* beat the marke...
by middistancerunner
Fri Aug 16, 2019 2:28 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

To the extent he believes this stock will outperform, Roth is the logical conclusion. To the extent he believes this stock may outperform but may also underperform, taxable is the logical conclusion. You pays your money and you takes your chances - and when you find your hindsight glasses you'll kn...
by middistancerunner
Fri Aug 16, 2019 2:13 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

To the extent he believes this stock will outperform, Roth is the logical conclusion. To the extent he believes this stock may outperform but may also underperform, taxable is the logical conclusion. You pays your money and you takes your chances - and when you find your hindsight glasses you'll kn...
by middistancerunner
Fri Aug 16, 2019 2:10 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

Op, Sometimes a smaller company will flourish or fail or stagnate. No one really knows what the future will bring. Will the market for the small company product grow? Will a competitor crush them? It is fine to believe in a small company but what does your partner know about the environment it oper...
by middistancerunner
Fri Aug 16, 2019 2:02 pm
Forum: Personal Investments
Topic: Single-stock investing in taxable or Roth?
Replies: 39
Views: 2103

Re: Single-stock investing in taxable or Roth?

Op, Sometimes a smaller company will flourish or fail or stagnate. No one really knows what the future will bring. Will the market for the small company product grow? Will a competitor crush them? It is fine to believe in a small company but what does your partner know about the environment it oper...