Search found 586 matches

by nps
Wed Nov 07, 2018 5:27 am
Forum: Investing - Help with Personal Investments
Topic: HSA Bank and Trustee to Trustee Fee question for FEHB
Replies: 6
Views: 433

Re: HSA Bank and Trustee to Trustee Fee question for FEHB

If you have GEHA there are no monthly fees or minimum balance requirements for investment accounts with HSA Bank/TD Ameritrade.

There should not be fees for trustee transfers but it is a paper process, don't think you want to do that every month.
by nps
Tue Nov 06, 2018 6:32 am
Forum: Personal Finance (Not Investing)
Topic: FEHB HDHP options for Federal Employees
Replies: 25
Views: 1857

Re: FEHB Open Season HDHP shopping: Stay with GEHA or switch to MHPB?

I also looked at this recently. When I compared and factored in the loss of preventive dental coverage, routine eye exams and glasses/contacts reimbursements, and health incentives, the MHBP increase in premium pass through over GEHA wouldn't be worth it for my family circumstances. If you take adva...
by nps
Sat Oct 13, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591380

Re: What's Your Credit Card Rewards Strategy?

In the Combo Amex Gold/Schwab Platinum, the Net Annual Fee is: $130 (Schwab credits $100 a yr if assets over $250k, $200 a year if assets over $1m). Basically, for me the Gold card is $30 a year, the Platinum is $100. (and that INCLUDES a $175 fee for the additional card members). I'm not following...
by nps
Sat Oct 13, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591380

Re: What's Your Credit Card Rewards Strategy?

In the Combo Amex Gold/Schwab Platinum, the Net Annual Fee is: $130 (Schwab credits $100 a yr if assets over $250k, $200 a year if assets over $1m). Basically, for me the Gold card is $30 a year, the Platinum is $100. (and that INCLUDES a $175 fee for the additional card members). I'm not following...
by nps
Fri Oct 12, 2018 5:56 am
Forum: Investing - Theory, News & General
Topic: Does it make sense to consider that stocks are 'on sale' when there's a correction?
Replies: 84
Views: 4433

Re: Does it make sense to consider that stocks are 'on sale' when there's a correction?

Maybe if we're only looking relative to very recent prices, but you don't have to go back that far to question why today's prices would be thought of as a "sale." I don't remember anyone claiming that VTI (Vanguard Total Stock Market ETF) was on sale at the beginning of 2018 when it was close to th...
by nps
Fri Oct 12, 2018 4:48 am
Forum: Investing - Theory, News & General
Topic: Does it make sense to consider that stocks are 'on sale' when there's a correction?
Replies: 84
Views: 4433

Re: Does it make sense to consider that stocks are 'on sale' when there's a correction?

Maybe if we're only looking relative to very recent prices, but you don't have to go back that far to question why today's prices would be thought of as a "sale." I don't remember anyone claiming that VTI (Vanguard Total Stock Market ETF) was on sale at the beginning of 2018 when it was close to the...
by nps
Thu Oct 11, 2018 5:47 am
Forum: Personal Finance (Not Investing)
Topic: Hazard Insurance
Replies: 12
Views: 584

Re: Hazard Insurance

How can i get rid of Escrow? I am a first time home owner for last 13 months. Thanks for your help Just ask your mortgage servicer. Usually there is a loan balance to property value ratio requirement they will have established that determines if they'll let you pay these expenses directly without e...
by nps
Sat Oct 06, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on International Investing at Bogleheads 11
Replies: 65
Views: 11704

Re: Jack Bogle on International Investing at Bogleheads 11

I also notice a lot of the numbers being brought up include the MSCI EAFE index only. Since this is developed countries only (and missing Canada and Korea) investing in just that and just the US market means you have no international small cap, and no emerging markets. This is a familiar problem fo...
by nps
Sat Oct 06, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to break a CD ladder
Replies: 2
Views: 543

Re: How to break a CD ladder

Interest accrues daily despite it being credited annually. You'll get the outstanding accrued interest when you close the CD early, less the early withdrawal penalty.
by nps
Thu Oct 04, 2018 6:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 100
Views: 12275

Re: Larry Swedroe: Be Prepared For Losses

KlangFool wrote:
Thu Oct 04, 2018 6:47 am
nps wrote:
Thu Oct 04, 2018 5:47 am
I don't get it. What part is not true in a recession? Do you think that it is harder for a 30 year old to find a job in a recession than an older worker?
It is harder for anyone to find a new job in a recession.

KlangFool
I agree, but that wasn't HomerJ's point.
by nps
Thu Oct 04, 2018 5:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 100
Views: 12275

Re: Larry Swedroe: Be Prepared For Losses

If you're 30, this assumption won't necessarily stop you from being 100% stocks. Because you have plenty of time to wait for a recovery. HomerJ, This is assuming that the person is not unemployed long enough to wipe out his/her emergency fund. Normally, recessions and market crashes happened at the...
by nps
Wed Oct 03, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: social considerations with gaming credit cards
Replies: 21
Views: 2569

Re: social considerations with gaming credit cards

longleaf wrote:
Tue Oct 02, 2018 10:58 pm
Who pays the cash back? Merchants.
Or customers, depending on how oligopolistic the merchants are
by nps
Wed Oct 03, 2018 4:50 am
Forum: Investing - Theory, News & General
Topic: 529 transfer, can I segregate my principal and earnings?
Replies: 8
Views: 591

Re: 529 transfer, can I segregate my principal and earnings?

Whenever I have done this it has been calculated by the outgoing 529 plan as part of their transfer and is proportional for less than 100 percent transfers. I don't see how you could accurately provide it for a direct transfer, since earnings will likely have changed between the time you fill out th...
by nps
Tue Oct 02, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA to Traditional IRA
Replies: 2
Views: 196

Re: Roth IRA to Traditional IRA

Agree with above. If the Roth IRA only has contributions from prior years when you were not over the income limit, then you don't need to do anything with it. You can contribute to a Traditional IRA for this year, then convert it to a Roth. This would only present a problem if you have an existing T...
by nps
Wed Sep 26, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591380

Re: What's Your Credit Card Rewards Strategy?

But to get the 2% cash back, you need to redeem it on travel purchases. Meanwhile, the Citi Double Cash is a no fee 2% cash back card. If you travel a lot, it would seem there are much better cards out there than the Venture. Fair point, the Citi Double Cash sounds like a good deal. I'm honestly to...
by nps
Wed Sep 26, 2018 5:47 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591380

Re: What's Your Credit Card Rewards Strategy?

Recently I added my daughter as authorized user for Chase Sapphire ($75 annual fee, but she gets the Priority Pass lounge access included). She just turned 23, and is in grad school and traveling to conferences (and sometimes to home). Apparently she thinks having lounge access and getting a free m...
by nps
Wed Sep 26, 2018 5:40 am
Forum: Investing - Help with Personal Investments
Topic: 529 to 529 Rollover - when?
Replies: 6
Views: 677

Re: 529 to 529 Rollover - when?

I don’t plan to move or make changes once we roll over to Vanguard. Why would the one rollover per 12 months be a nuisance? Am I missing something? Here's a situation I encountered: I wanted to rollover 529 funds into my own state's 529 plan, to capture my state deduction (which in my case and prob...
by nps
Sun Sep 23, 2018 5:17 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591380

Re: What's Your Credit Card Rewards Strategy?

I do rack up about $60k to $80k every year on my credit cards. So I get about 60k to 80k miles which is good for a hawaii vacation flight cost for my family of 4 60k to 80k miles for four tickets to Hawaii? Unless you are talking about flights that begin and end in Hawaii I think your numbers are o...
by nps
Sat Sep 22, 2018 6:37 am
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 83
Views: 9242

Re: What to wear for job interview - skip the tie?

daveydoo wrote:
Sat Sep 22, 2018 12:37 am
Spouse just interviewed someone for professional position in an office environment that is "business-casual-ish" and has largely done away with ties for hygiene reasons.
Seriously? Did they do away with door handles also?
by nps
Thu Sep 13, 2018 5:32 am
Forum: Investing - Theory, News & General
Topic: Bad Bogle Advice?
Replies: 14
Views: 1482

Re: Bad Bogle Advice?

My idea at that time was if you accumulated money in growth, you have a higher percentage of your return without taxes; and a lower percentage of your return in income, which is highly taxed. Then, when you got to retirement, you’d move over to value where you’d have less volatility, and a higher i...
by nps
Wed Sep 12, 2018 7:22 pm
Forum: Personal Consumer Issues
Topic: 1 year old birthday
Replies: 42
Views: 1983

Re: 1 year old birthday

I guess my final question at this point is, would you attend your baby's friend's birthday party if you knew it was to be held at someone's small condo? I'm pretty sure my kids didn't have friends when they were babies, just other babies that sometimes occupied the same room as them :) As for atten...
by nps
Wed Sep 12, 2018 5:22 am
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 16
Views: 2236

Re: New era for TSP "I" Fund?

Darwin wrote:
Tue Sep 11, 2018 11:15 pm
As of January 1st the TSP "I" Fund will be very different from what it has been before... Specifically, more comprehensively International (I).
Do you have a source for that date? I have not yet seen a specific calendar day cited for the planned index change.
by nps
Sun Sep 09, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and SEP
Replies: 7
Views: 374

Re: Backdoor Roth and SEP

OK, I see what you are saying. Let's tackle DW first: You're right that it wouldn't work for her, and honestly I don't really feel comfortable setting up an EIN and solo 401(k) for her to sell a couple things on eBay. Agree, she would have to have the intent of maintaining the business and earning ...
by nps
Sun Sep 09, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and SEP
Replies: 7
Views: 374

Re: Backdoor Roth and SEP

Are you sure both of your 401(k) plans in 2019 will accept incoming IRA rollovers? Not all do. Wow, didn't realize that. No, I'm not at all sure. I could find out about DW's right now, by talking to her HR department. But for my case, I will not know until I find my next job. How do you think this ...
by nps
Sun Sep 09, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth and SEP
Replies: 7
Views: 374

Re: Backdoor Roth and SEP

Are you sure both of your 401(k) plans in 2019 will accept incoming IRA rollovers? Not all do.
by nps
Thu Sep 06, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA and 20 percent QBI deduction
Replies: 9
Views: 773

Re: SIMPLE IRA and 20 percent QBI deduction

Thanks everyone. Any realistic expectations beyond deductions not exceeding business profit or overall taxable income?
by nps
Thu Sep 06, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA and 20 percent QBI deduction
Replies: 9
Views: 773

Re: SIMPLE IRA and 20 percent QBI deduction

the deduction is based on your income from Schedule C, so not impacted by your retirement plan deduction (SImple/Solo 401K) which as you note lands directly on 1040 (at least it used to, new 1040 coming this year) Think of it this way... the retirement plan contribution does not reduce the amount y...
by nps
Thu Sep 06, 2018 6:08 am
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA and 20 percent QBI deduction
Replies: 9
Views: 773

Re: SIMPLE IRA and 20 percent QBI deduction

PFInterest wrote:
Wed Sep 05, 2018 7:39 pm
why are you not using solo 401k? do you not need to use a backdoor rIRA?
I don't think this changes my question. As far as I know a solo 401k would also be deducted on Line 28 of Form 1040. So you could replace SIMPLE IRA with solo 401k if it helps get closer to an answer.
by nps
Thu Sep 06, 2018 5:55 am
Forum: Investing - Theory, News & General
Topic: Are the stock market movements really random?
Replies: 37
Views: 2927

Re: Are the stock market movements really random?

Didn't you make this decision in April? Whatever your plan is, constantly changing it is not a good idea.

It might benefit you to write a contract with yourself like an IPS, and agree with yourself to hold off on contemplated changes to your plan for some cooling-off period, perhaps even a year.
by nps
Wed Sep 05, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: SIMPLE IRA and 20 percent QBI deduction
Replies: 9
Views: 773

SIMPLE IRA and 20 percent QBI deduction

There are many articles and posts on the 20 percent Qualified Business Income (QBI) deduction for pass-through entities, and I was wondering if anyone had a clear answer for the following specific situation. In the case of a sole proprietor (no employees) with a SIMPLE IRA, does the amount contribut...
by nps
Wed Sep 05, 2018 5:32 am
Forum: Personal Consumer Issues
Topic: Walmart is not Amazon
Replies: 54
Views: 6880

Re: Walmart is not Amazon

It took awhile to find WM chat - not obvious on their website and there are a lot of dead ends. The phone number they gave me in the store just took me to a recording. They never called back. I don't find the chat feature to be obvious on either, but I also don't see how Walmart's is worse. Walmart...
by nps
Tue Sep 04, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Walmart is not Amazon
Replies: 54
Views: 6880

Re: Walmart is not Amazon

Pigeon wrote:
Tue Sep 04, 2018 7:26 am
Amazon, in my experience, does try to make things right if something happens with a third party seller.
In the OP's experience recounted in the first post, apparently so does Walmart.
by nps
Tue Sep 04, 2018 6:11 am
Forum: Personal Consumer Issues
Topic: Walmart is not Amazon
Replies: 54
Views: 6880

Re: Walmart is not Amazon

ETA - the only actionable item for this thread, in my opinion, is to validate WHOM you are actually buying from for both Amazon and WalMart. There are unfortunately many unscrupulous 3rd party sellers on both. Yes but, in Amazon's case, they will take action to compensate you and jump into reseller...
by nps
Tue Sep 04, 2018 5:58 am
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

Thank you so much for the inspiration. And by doing it myself (rebalancing), I will save more money that earns over the years as well. I have made a spread sheet as well, but do not expect to do it until next year....I suppose it is bet not to do it too often as to NOT trigger short term gains. You...
by nps
Mon Sep 03, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

Instead of the life strategy fund I just purchased the funds it holds. I re-balance once a year and the lower expense ratio saves me a few thousand a year. Plus it allows me to fine tune the mix. Others may prefer the convenience of a life strategy and may not mind paying a little more for not havi...
by nps
Mon Sep 03, 2018 6:10 am
Forum: Personal Consumer Issues
Topic: Walmart is not Amazon
Replies: 54
Views: 6880

Re: Walmart is not Amazon

krafty81 wrote:
Mon Sep 03, 2018 12:11 am
Turns out, much of WM online is from 3rd party vendors - called, ironically, "Walmart Prime".
Walmart doesn't call its third party marketplace "Walmart Prime." My guess is that you ordered from a specific third party vendor with "Prime" in its name like "Prime Deals."
by nps
Thu Aug 30, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11667

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

If I had to pick one, it would be the notion that stocks are less risky the longer an investor plans to hold them. For me, that one rises to the top because a lot of major financial decisions (e.g. portfolio composition) are often made solely because, or primarily because, one mistakenly believes t...
by nps
Tue Aug 28, 2018 8:30 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11667

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Two often seen on the forum even though they are written up nicely in the wiki, BH books, and blogs: -Market timing: the predictive component is sometimes misunderstood. -Rebalancing: the purpose, which is to maintain a preset allocation, is sometimes misunderstood. And related, the notion of "dry ...
by nps
Tue Aug 28, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: Most commonly misused/misunderstood investing terms and concepts (on BH forum)
Replies: 220
Views: 11667

Re: Most commonly misused/misunderstood investing terms and concepts (on BH forum)

Two often seen on the forum even though they are written up nicely in the wiki, BH books, and blogs: -Market timing: the predictive component is sometimes misunderstood. -Rebalancing: the purpose, which is to maintain a preset allocation, is sometimes misunderstood. And related, the notion of "dry ...
by nps
Wed Aug 22, 2018 5:54 am
Forum: Investing - Theory, News & General
Topic: Cash Flow Gain Primary Residence
Replies: 152
Views: 4549

Re: Cash Flow Gain Primary Residence

But why 20%???? Why not 15%, or 10%, or 25%, or 3.72%? $1 a month for ownership is lower than renting. I’m pushing to find out why you require 20%, or any other specific figure, to consider ownership the better deal. (Thank you for chopping the quotes. :beer ) bayview, Some examples of house owners...
by nps
Tue Aug 21, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: Cash Flow Gain Primary Residence
Replies: 152
Views: 4549

Re: Cash Flow Positive Primary Residence

nps, I agreed with you. But, this model is useful to get a person quickly decide whether it is worthwhile to do a deeper dive into a particular property. For example, if the rent is only 10% higher than PITI, the possibility of improving cash flow by buying is no good. However, if it is 20%, it mig...
by nps
Tue Aug 21, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Cash Flow Gain Primary Residence
Replies: 152
Views: 4549

Re: Cash Flow Positive Primary Residence

- HOA fees vary widely, from less than $100/yr to more than $1000 Oh, the range is even bigger than that, assuming you include condo fees under "HOA fees". I pay $0 and have seen condos in my metro area with over $400 per month in association fees. I don't think the range is bigger than I stated :)...
by nps
Tue Aug 21, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Unequal tax treatment of HSAs and 529s
Replies: 13
Views: 1435

Re: Unequal tax treatment of HSAs and 529s

The IRS then requires you to prove that all the 1099-Q distributions were for qualified educational expenses of that year. That would be very strong evidence indeed. So you're saying their letter requested proof not only that you had sufficient QEEs, but that they were incurred in the year of QTP d...
by nps
Tue Aug 21, 2018 11:20 am
Forum: Investing - Theory, News & General
Topic: Cash Flow Gain Primary Residence
Replies: 152
Views: 4549

Re: Cash Flow Positive Primary Residence

I am refining my model/theory of using PITI plus Rent to forecast cash flow gain by owning. It sort of works out in my case. I want to check how well it works in a general case. KlangFool I don't think this is a good candidate for a model or theory. You're really just expressing a rule of thumb whi...
by nps
Tue Aug 21, 2018 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Unequal tax treatment of HSAs and 529s
Replies: 13
Views: 1435

Re: Unequal tax treatment of HSAs and 529s

As far as I can tell, while IRS does not appear to directly address the tax exclusion of distributions from either 529 plans or HSAs for qualified prior year expenses, most web articles and posts here seem to indicate that taxpayers are ok to exclude this type of income for HSAs but not 529 plans. ...
by nps
Mon Aug 20, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Unequal tax treatment of HSAs and 529s
Replies: 13
Views: 1435

Re: Unequal tax treatment of HSAs and 529s

Conversely, wouldn't it be interesting if at some future date the IRS moved the rules of HSA distributions closer to that of 529s, that is, mandating that qualified withdrawals happen in the same year as the expense. But that doesn't even appear to be the case for a 529. The argument I have most co...
by nps
Sun Aug 19, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Unequal tax treatment of HSAs and 529s
Replies: 13
Views: 1435

Re: Unequal tax treatment of HSAs and 529s

Not sure if there have been changes since 2016, but this article is a good one. ""If I use money from other sources to pay for my student's college costs incurred this year, but save the receipts and reimburse myself many years later by taking a 529 withdrawal, would that withdrawal still be tax-fr...
by nps
Sun Aug 19, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: San Diego - where to stay, what to do with 6 year old
Replies: 30
Views: 2221

Re: San Diego - where to stay, what to do with 6 year old

I wouldn't do more than one of those per day and also wouldn't budget more than one day for any of them. Legoland and the Safari Park also involve a bit of driving. If you're staying downtown the New Children's Museum is great for that age. Also many museums at Balboa Park including several good for...
by nps
Sun Aug 19, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Unequal tax treatment of HSAs and 529s
Replies: 13
Views: 1435

Unequal tax treatment of HSAs and 529s

As far as I can tell, while IRS does not appear to directly address the tax exclusion of distributions from either 529 plans or HSAs for qualified prior year expenses, most web articles and posts here seem to indicate that taxpayers are ok to exclude this type of income for HSAs but not 529 plans. I...
by nps
Sat Aug 18, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 106029

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

UpperNwGuy wrote:
Fri Aug 17, 2018 9:21 pm
And the future appears to be very similar to the present.
I can't tell if this is a joke...