Search found 92 matches

by Krischi
Tue May 08, 2018 11:23 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 551
Views: 64858

Crossed $250,000 for first time

We just crossed $250,000 in investments for the first time yesterday. :sharebeer The contribution of this forum has been invaluable. When I joined in December 2014, we had just $42k in invested assets to our name, and a wife who wasn’t fully on board re the need for retirement planning. Now she is a...
by Krischi
Mon Apr 09, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: And yet another example why Vanguard is a 4th tier firm in regard to customer service…
Replies: 20
Views: 2163

Re: And yet another example why Vanguard if a 4th tier firm in regard to customer service…

Not to defend Vanguard and the indefensible here, but if you think this is bad, take a look at T Rowe Price, which limits passwords to ten characters altogether. Unfortunately, I'm stuck with them for our kids' college savings plan.
by Krischi
Wed Mar 28, 2018 5:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 23643

Re: A lot of heavy hitters this morning

@ davidsorensen32 -- This post of yours did come across as very disconnected. The fraction of couples (or households) earning 200K+ is fairly small. I would venture that it is likely to be less than 5% in the US. Less than 7% to be exact. I think there is a significant danger of us losing sight of ...
by Krischi
Tue Mar 27, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: looks like i just created a wash sale with dividends...what next?
Replies: 5
Views: 837

Re: looks like i just created a wash sale with dividends...what next?

This happens all the time. Nothing to get too worked up about. The only complicating factor is that you need to match up VTSAX shares with the equivalent amount of VTI shares on Day 5 (when your VTSAX dividends got reinvested). Here is a pretty informative thread on how this works: https://www.bogle...
by Krischi
Tue Mar 27, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Best state for ABLE plan?
Replies: 11
Views: 1292

Re: Best state for ABLE plan?

I'm not sure what spreadsheet you're referring to but IMO the ability to have tax free growth, in essence an additional Roth IRA except with a $15K/year cap instead of a 5.5K/year cap, is hugely worth it. If you're going to be using it as a checking account, agreed it doesn't make sense. I should h...
by Krischi
Tue Mar 27, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Best state for ABLE plan?
Replies: 11
Views: 1292

Re: Best state for ABLE plan?

One thing to consider is that like for 529 plans, some states offer tax benefits on contributions. For instance, Maryland offers a $2500 income subtraction per account per year for contributions, which works out to about $180-220 state/local tax savings for the majority of eligible residents. Person...
by Krischi
Tue Mar 27, 2018 8:49 am
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 7653

Heads-up: Vanguard sending out erroneous notices that not enough money is available to trade

I received an email from Vanguard this morning that not enough money was available to cover a trade in my account, even though the settlement fund had sufficient credits available. The email further stated that I would need to act immediately to cover the trade. I just talked to a rep, and he advise...
by Krischi
Tue Mar 27, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Google sheets not pulling stock prices
Replies: 40
Views: 7017

Re: Google sheets not pulling stock prices

Yes, seen the same issue yesterday/today.
by Krischi
Thu Mar 22, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Small 403b with large fees - do Roth conversion now?
Replies: 6
Views: 607

Re: Small 403b with large fees - do Roth conversion now?

OP here. Follow-up question to this thread. Before I proceed with the Roth conversion of the 403b rollover funds, I wanted to check if there are any gotchas to look out for, especially with respect to form 8606 next year. The 403b rollover funds were received by Vanguard in the tIRA. This account pr...
by Krischi
Sat Mar 17, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Front-loading IRA: save up cash vs taxable investments
Replies: 7
Views: 672

Re: Front-loading IRA: save up cash vs taxable investments

Thanks, everyone. I see there is quite a range of opinions. :D Below are some additional thoughts of mine. Not worth the paperwork for what small gains I might have on the average balance of around 5,500 per year I already have the paperwork for dividends and gains from our taxable account every yea...
by Krischi
Sat Mar 17, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Front-loading IRA: save up cash vs taxable investments
Replies: 7
Views: 672

Front-loading IRA: save up cash vs taxable investments

We front-load our IRA contributions at the beginning of every year. Right now, my wife and I save up $11K every year through biweekly transfers on our pay dates to an Ally savings account with an 1.45% interest rate, and then transfer the sum in one go to our IRAs at the beginning of the new year. I...
by Krischi
Fri Mar 02, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: TSP fails secuity audit
Replies: 19
Views: 3287

Re: TSP fails secuity audit

This doesn't inspire confidence at all. After logging in:

"This account access is not currently available due to security concerns. Please contact the ThriftLine at 1-877-968-3778 (TDD 1-877-847-4385) if you have any questions or concerns."
by Krischi
Sun Feb 18, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 6402

Re: Best plants to grow to save money for food costs

Most plants grow in nature without any extra care, right? They get water if it rains, and none if it doesn't. No human ever touches the majority of plants and yet they survive. I guess I had a fantasy of just planting things and leaving them alone, for the most part, apart from fertilizing them and...
by Krischi
Sat Feb 17, 2018 6:49 am
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 6402

Re: Best plants to grow to save money for food costs

There are some high-value plants, especially tomatoes, peppers, eggplant, okra, garlic, leeks, fava beans and cucumbers. With these you have a chance to get enough yield for the space to be competitive with grocery stores. Also some herbs as mentioned above. However, cost savings can be tricky to ac...
by Krischi
Tue Feb 06, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 8334

Re: Stay the course?

So, I couldn't resist checking the cost basis ... and ... the only thing that shows a loss is a December buy of Total Stock Market in the amount of $9K - which now is a whopping $127 in the red.

Nothing to see here, move along. That's not even worth tax loss harvesting.
by Krischi
Thu Feb 01, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation Strategy and Choices
Replies: 12
Views: 1730

Re: HSA Asset Allocation Strategy and Choices

I still disagree with this assessment. Theoretically the after-tax value is the same (assuming comparable tax rates pre and post retirement), but neither Roths nor HSAs have RMDs, and so you have much greater flexibility if you have the high-yielding assets in these two accounts. If you fill up your...
by Krischi
Thu Feb 01, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation Strategy and Choices
Replies: 12
Views: 1730

Re: HSA Asset Allocation Strategy and Choices

Otherwise, it doesn't matter much, although there is a slight advantage for holding bonds in the HSA; that decreases the risk that a stock-market boom will leave you with more money in the HSA than you need for medical expenses in retirement. I don't buy this argument. If you max out the HSA for a ...
by Krischi
Thu Feb 01, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: How much to spend on a backyard?
Replies: 35
Views: 3418

Re: How much to spend on a backyard?

First off, plants can be surprisingly expensive. It'll vary by area, but you'll want to plant densely for better soil retention and weed suppression, or else you'll just end up with a sad high-maintenance mulch desert. Figure about $5-$10 per square foot if you DIY. Less, if you can put in some low ...
by Krischi
Thu Jan 25, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Small 403b with large fees - do Roth conversion now?
Replies: 6
Views: 607

Re: Small 403b with large fees - do Roth conversion now?

Thanks. It seems that for this relatively small amount of taxes, making the matter more complicated with triggering pro-rata rules isn't worth it. If I do trigger them, it'll just have the effect of spreading out the taxes over multiple years, but there doesn't seem to be any inherent advantage to d...
by Krischi
Tue Jan 23, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Small 403b with large fees - do Roth conversion now?
Replies: 6
Views: 607

Re: Small 403b with large fees - do Roth conversion now?

If I leave the money in a tIRA, we will trigger the pro-rata rules under backdoor Roths.
by Krischi
Tue Jan 23, 2018 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Small 403b with large fees - do Roth conversion now?
Replies: 6
Views: 607

Small 403b with large fees - do Roth conversion now?

DW is soon taking on a new job that presents a good step-up opportunity but does not come with a 401k. She has a 403b with a balance of $2500, and while there are good fund choices, the plan administrator charges a flat fee of $72 per year. At the current balance that works out to an effective expen...
by Krischi
Fri Jan 19, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Act now or wait? Handling possible Roth overcontribution?
Replies: 2
Views: 296

Re: Act now or wait? Handling possible Roth overcontribution?

Thanks for the advice. I've completed the recharacterization and will do the conversion soon. On a related note, DW has $2500 in a 403(b) plan that has great funds but $72 in annual administrative fees, which at that low of a balance is a significant drag. I'm thinking it makes sense to roll it over...
by Krischi
Thu Jan 18, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Act now or wait? Handling possible Roth overcontribution?
Replies: 2
Views: 296

Act now or wait? Handling possible Roth overcontribution?

We made our Roth contributions on January 2. However, DW now received a job offer where the combined income may possibly push us over the Roth phaseout limits. A back-of-the-envelope calculation indicates that it will be close - it may all come down to dividends in our taxable account when all is sa...
by Krischi
Sun Jan 07, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Missing a Long Term Financial Goal
Replies: 32
Views: 4360

Re: Disappointed in Missing a Long Term Financial Goal

I agree with the other posters. This is still very achievable even considering that 2017 had outsized returns. With a similar rate of savings as you, I've added over $100K in investable assets in the past 12 months, starting with way less than what you have at the beginning of 2017.
by Krischi
Thu Jan 04, 2018 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee HSA account set up help
Replies: 25
Views: 2069

Re: Federal Employee HSA account set up help

3. For me at least, my PP1 official pay date is February 1, so all this might be moot because that's when the money comes out of my paycheck. EFT takes place a few days before the official pay date, so if that's the date you would look at then I would rely on 1 or 2 above. I have three pay dates be...
by Krischi
Thu Jan 04, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employee HSA account set up help
Replies: 25
Views: 2069

Re: Federal Employee HSA account set up help

I went with the GEHA HDHP myself and got my HSA Bank welcome package with account number last week. I've set up HSA allotments beginning with PP1 of 2018 (you can Google the ABA routing number) so hopefully it should work ok. I'd be careful here. I'm in the same boat, and reading the FAQ very caref...
by Krischi
Mon Jan 01, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Refi After 1 Year?
Replies: 42
Views: 3353

Re: Refi After 1 Year?

So, if I understand your situation correctly, you're "curing" the escrow shortage by paying $1900 net and tacking an additional year or two onto the loan. To me that is not sound financial practice, if you'll forgive me for being so direct. Without knowing more about your job situation and full inco...
by Krischi
Wed Dec 27, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Tax gain harvesting w/ Vanguard & getting that money reinvested
Replies: 14
Views: 1905

Re: Tax gain harvesting w/ Vanguard & getting that money reinvested

A quick followup: My VTSAX shares sold yesterday for $9,771.19. I had put in an auto investment from the settlement fund for today, for $9,850 to be on the safe side. Sure enough, Vanguard now shows a pending buy of VTSAX in the amount of $9,771.19, to execute today. All is well.
by Krischi
Sat Dec 23, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Tax gain harvesting w/ Vanguard & getting that money reinvested
Replies: 14
Views: 1905

Re: Tax gain harvesting w/ Vanguard & getting that money reinvested

The mutual fund sale proceeds will certainly be available the next day. I would not worry about "available to trade." Try this: Set up an automatic investment RIGHT NOW and tell us how it worked. You can ALWAYS cancel it or skip it. DO IT NOW! I just did the exact same thing in our brokerage accoun...
by Krischi
Mon Dec 18, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: US National Parks
Replies: 36
Views: 3616

Re: US National Parks

Camping in Yellowstone, Grand Canyon and the Tetons is fairly easy, even in the high season. You might not get the best campgrounds, but if all you care about is a place to pitch your tent, you're generally able to reserve until mid-Spring for the high season, and even just 4-6 weeks out for the sho...
by Krischi
Thu Oct 12, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Washington DC Trip
Replies: 25
Views: 2673

Re: Washington DC Trip

Springfield also is on the Blue Line, which is kind of the red-headed stepchild of Metro service. Plan extra time. For getting into the middle of tourist things, Smithsonian/Farragut West/Farragut North/Federal Triangle/Metro Center are the stops I'd use. Foggy Bottom is pretty far out unless you pl...
by Krischi
Wed Oct 11, 2017 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Advice on currency risk and investing [Greece ex-pat]
Replies: 5
Views: 593

Re: Advice on currency risk and investing [Greece ex-pat]

Also see this source at https://home.kpmg.com/xx/en/home/insights/2011/12/greece-income-tax.html as a starting point, perhaps. I wouldn't consider the information authoritative - especially since not even the country's own civil authorities can't keep their facts straight -, but it should provide en...
by Krischi
Wed Oct 11, 2017 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Advice on currency risk and investing [Greece ex-pat]
Replies: 5
Views: 593

Re: Advice on currency risk and investing [Greece ex-pat]

So you've seen the recoveries too then right? There is now a full lost generation in Greece's markets, much worse than Japan, as evidenced by https://tradingeconomics.com/greece/stock-market. There haven't been any full recoveries to speak of since the crash of the early 2000s. I can't say I blame ...
by Krischi
Mon Oct 02, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: On the video games path - how to set it up with younger kids
Replies: 36
Views: 2712

Re: On the video games path - how to set it up with younger kids

I was (and still am) an avid gamer myself. My generation was pretty much the first one that got into gaming seriously. Our 8-year-old twin kids have a PS4. We allow them to play certain types of games that engage their creativity, such as Minecraft and Lego Worlds. Minecraft, in particular, has many...
by Krischi
Sun Oct 01, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my tax-efficient fund placement plan
Replies: 2
Views: 474

Re: Please critique my tax-efficient fund placement plan

(1) Yes, we have a 529 that was funded by my parents. We're still a bit behind in our retirement savings, so that comes first. (2) We're exploring a switch to the GEHA HDHP plan for 2018 to gain access to an HSA. Need to wait for OPM to release the plan brochures and premiums before we can make a de...
by Krischi
Sun Oct 01, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: Please critique my tax-efficient fund placement plan
Replies: 2
Views: 474

Please critique my tax-efficient fund placement plan

This is a follow-up to https://www.bogleheads.org/forum/viewtopic.php?f=1&t=228533 Filing status: MFJ, 2 children 8/8 State: MD Tax bracket: 25% Fed / 7.95% state We aim to restructure our investments to be tax-efficient, and keep future tax loss harvesting as simple as possible. The current stock-b...
by Krischi
Wed Sep 27, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Restructuring investments across accounts for changed income, gift & tax situation
Replies: 4
Views: 394

Re: Restructuring investments across accounts for changed income, gift & tax situation

Holding both will create wash sales with contributions to the 403b and Roth. I’ve already run into this issue in the past. Aside from making tax returns a pain to deal with, it also permanently loses the stepped up cost basis created in the tax advantaged space. Edit to add - the only way I see arou...
by Krischi
Wed Sep 27, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Restructuring investments across accounts for changed income, gift & tax situation
Replies: 4
Views: 394

Restructuring investments across accounts for changed income, gift & tax situation

This year has both seen a 45% salary increase and a gift from my parents via the proceeds of a home sale, which requires me to rethink how to structure our investments across tax-advantaged and taxable accounts. I'm looking for advice on how best to do that. Filing status: MFJ, 2 children 8/8 State:...
by Krischi
Sat Aug 05, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Large pay increase and looking for advice on how to allocate
Replies: 1
Views: 514

Large pay increase and looking for advice on how to allocate

Here is the situation: Emergency funds: ~8 months of living expenses Debt: Mortgage 28/30 @ 3.375%, 60% LTV, $292,000 remaining Tax Filing Status: MFJ Tax Rate: 15% Federal, 7.95% State State of Residence: VHCOL DC metro area Age: 44, Spouse 42, children 7 and 7 Tax-advantaged accounts: His TSP $100...
by Krischi
Sat Aug 05, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 10111

Re: Losing confidence in Ally Bank - what would you do

Regardless of the financial institution, I would never intentionally draw an account balance to zero unless I was intending to close it. Some accounts have minimum balances to maintain the account or other fees hidden in the fine print that I might not understand or remember. Best not to dance arou...
by Krischi
Fri Aug 04, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 10111

Re: Losing confidence in Ally Bank - what would you do

OP here - Ally credited back the missing funds to my Ally account, not the brick & mortar bank. IOW, I have the funds back, but will have to redo the transfer. So they will be several days late in being where I need them. There are a lot of things I do like about Ally, but I very rarely make outgoin...
by Krischi
Thu Aug 03, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 10111

Re: Losing confidence in Ally Bank - what would you do

A side note from the OP post. If you are using savings for your cash repository, probably not a good idea to directly transfer money from there. Consider doing all bank to bank (brokerage) transfers from checking. Yes it's an extra step but the added layer of security could be helpful if you get ha...
by Krischi
Thu Aug 03, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 10111

Losing confidence in Ally Bank - what would you do

This is the second time that I've had difficulties making a transfer from Ally to my main brick and mortar checking account when I needed it, but this second case is a particularly egregious example. So, I'd be interested in what you would do in my situation - stay with them and give them a chance t...
by Krischi
Sun Jan 01, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software for 2016
Replies: 76
Views: 10513

Re: H&R Block Tax Software for 2016

It worked for me on 1/1/20176 at 7:42 am Pacific time.
by Krischi
Sun Jan 01, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software for 2016
Replies: 76
Views: 10513

Re: H&R Block Tax Software for 2016

Just a heads-up that H&R Block is currently available as a digital download on Newegg for 50% off with promo code EMCFGHF44. There's a whole bunch of bundled deals associated with that, but you can also get the Deluxe + State at the same link for $22.47. https://slickdeals.net/f/9622772-h-r-block-ta...
by Krischi
Mon Dec 05, 2016 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Opportunity to harvest both long-term gains and losses
Replies: 3
Views: 568

Re: Opportunity to harvest both long-term gains and losses

Assume they will be sold some day. They are part of money set aside for specific home maintenance expenses that we know are coming in 10 years or so.
by Krischi
Mon Dec 05, 2016 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Opportunity to harvest both long-term gains and losses
Replies: 3
Views: 568

Opportunity to harvest both long-term gains and losses

We have two funds in taxable. The first one - S&P 500 (VFINX) - shows a long-term capital gain of $1200 (plus $20 in short term gains). The other one is "play money" invested in a risky country-specific fund that currently shows a long-term loss of $520. We are in the 15% tax bracket, and this is li...
by Krischi
Tue Sep 13, 2016 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Mortgage Servicer
Replies: 13
Views: 1262

Re: Changing Mortgage Servicer

Update: So the new servicer has admitted that they know that the current balance they show is incorrect and that it's not the old servicer's fault. Instead, now the new servicer is blaming the Fed for the delay. I'm not sure if I should laugh or cry. I'd still do this in writing, as per the qualifi...
by Krischi
Tue Sep 13, 2016 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Changing Mortgage Servicer
Replies: 13
Views: 1262

Re: Changing Mortgage Servicer

I strongly recommend sending a notice of error to the new servicer first, as a qualified written request - and make sure you send it as certified mail with return receipt: http://www.consumerfinance.gov/askcfpb/1855/how-do-i-dispute-error-my-servicer-about-my-mortgage.html Include all the pertinent ...