Search found 55 matches

by A Boglehead
Sat Dec 07, 2019 11:04 am
Forum: Personal Investments
Topic: tIRA rollover to TSP prior to back door Roth IRA conversion
Replies: 9
Views: 1504

Re: tIRA rollover to TSP prior to back door Roth IRA conversion

Do you have any opinion re: which is better? I can either make a non-deductible contribution to an IRA which I then move to TSP, versus a backdoor Roth. I make too much to contribute to a Roth IRA or to make a a deductible contribution to an IRA. I'm also a physician, and value ERISA/FERSA protectio...
by A Boglehead
Sun Nov 17, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Standard versus Basic
Replies: 66
Views: 27115

Re: Federal Blue Cross Standard versus Basic

I'd rather have the gov't, rather than I, pay a higher portion of the premium.
by A Boglehead
Sun Nov 17, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Blue Cross Standard versus Basic
Replies: 66
Views: 27115

Re: Federal Blue Cross Standard versus Basic

I noticed the government pays 67% of the premium for the Standard Option, vs. 75% of the premium for the Basic Option. My interpretation of this discussion has been to favor the Basic Option for the savings on the premium, even before noticing the difference in what the gov't pays. Are you still hap...
by A Boglehead
Mon Oct 21, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: continue converted long term disability policy?
Replies: 0
Views: 135

continue converted long term disability policy?

I recently became eligible for FERS disability retirement, which provides the following: Benefits for the first 12 months of disability: You are eligible for 60% of your high-3 average salary minus 100% of your Social security benefit for any month in which you are entitled to Social Security benefi...
by A Boglehead
Wed Oct 09, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

Re: first house- 1 bedroom vs. 2 bedroom

Thank you all! I really appreciate it! I'm trying to estimate how much tax I'll save if I buy. Does the following sound correct? If I put 20% down on a $900K property, the mortgage will be $720K. Assuming a 3.75% interest rate 30 year mortgage, I’ll pay $27K ($720K x 0.375) interest per year. With a...
by A Boglehead
Wed Oct 02, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

Re: first house- 1 bedroom vs. 2 bedroom

Thank you all! I really appreciate it. A lender recommended buying property in order to build equity and maximize my tax deductions. He recommended a $750K rather than $700K loan, to maximize my tax deduction. He said property taxes and interest on a mortgage are deductible. For a $900K property, pr...
by A Boglehead
Wed Sep 25, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

Re: first house- 1 bedroom vs. 2 bedroom

Hector wrote:
Tue Sep 24, 2019 7:18 pm
What if housing market crashes and wont recover for a decade or two or more?
Would your first house become your forever house then?
Yes, I'm fine with my first house being my forever house. I'm thinking of moving to senior housing when I'm eligible, which should be more affordable.
by A Boglehead
Tue Sep 24, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

Re: first house- 1 bedroom vs. 2 bedroom

Any housing with only 1 bedroom should be considered as a short term solution. If you are comfortable with that concept, a 1 bedroom condo will be fine. But buying a property is a serious business and costs a serious expense when selling soon. Why don't you keep renting for a while? Thx! I can cont...
by A Boglehead
Tue Sep 24, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

Re: first house- 1 bedroom vs. 2 bedroom

Is the $3000 apartment to rent in the same area and of the same size/quality/condition as the $1M 1br/1ba? A common problem with these comparisons of rent vs. own is the rental and potential property to buy are vastly different. Thanks! The $3K apartment is not as nice as the $1M 1 BR/1 BA. I feel ...
by A Boglehead
Tue Sep 24, 2019 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

Re: first house- 1 bedroom vs. 2 bedroom

A shorter commute will make you smile every day vs what might happen down the road as far as resale values. Your "for now" home could become your forever home. I agree the numbers are funny, if it is one million to buy vs 3k to rent. What is the rental price on an equivalent place you would conside...
by A Boglehead
Sat Sep 21, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: first house- 1 bedroom vs. 2 bedroom
Replies: 60
Views: 5239

first house- 1 bedroom vs. 2 bedroom

I'm thinking of buying housing in the Bay Area. One realtor suggested buying a smaller property, in a better location, rather than a bigger one, further away. I think the only thing I can buy for under $1 million in Mountain View, where I work, is a 1 bedroom (BR), 1 bath (BA) condo. Another realtor...
by A Boglehead
Sat Aug 17, 2019 10:05 am
Forum: Personal Investments
Topic: VBTLX or BND ETF for traditional IRA
Replies: 7
Views: 1005

Re: VBTLX or BND ETF for traditional IRA

I just spoke to Vanguard, who recommends VBTLX rather than BND if I'm planning to hold it a long time. Vanguard said the mutual fund is better than the ETF because ETFs rarely pay capital gains, unlike mutual funds, and mutual fund capital gains can be reinvested, which increase the number of share...
by A Boglehead
Fri Aug 16, 2019 8:16 pm
Forum: Personal Investments
Topic: VBTLX or BND ETF for traditional IRA
Replies: 7
Views: 1005

Re: VBTLX or BND ETF for traditional IRA

I just spoke to Vanguard, who recommends VBTLX rather than BND if I'm planning to hold it a long time. Vanguard said the mutual fund is better than the ETF because ETFs rarely pay capital gains, unlike mutual funds, and mutual fund capital gains can be reinvested, which increase the number of shares...
by A Boglehead
Sat Jul 13, 2019 3:07 pm
Forum: Personal Investments
Topic: Are retirement accounts exposed to liability claims?
Replies: 31
Views: 5995

Re: Are retirement accounts exposed to liability claims?

Thank you both! TSP said following is correct: https://www.tsp.gov/PDF/formspubs/oc95-10-b.pdf How are funds in my TSP account affected by a bankruptcy? The TSP is a retirement savings plan for Federal employees and members of the uniformed services. It is similar to retirement plans authorized unde...
by A Boglehead
Sat Jul 13, 2019 11:54 am
Forum: Personal Investments
Topic: Are retirement accounts exposed to liability claims?
Replies: 31
Views: 5995

Re: Are retirement accounts exposed to liability claims?

Thank you!

When I asked TSP, they said TSP accounts are not protected from lawsuits, but are from creditors in case of bankruptcy.

It sounds like you think it's safe to move the money from an ERISA protected account to TSP, despite the lack of ERISA protection.
by A Boglehead
Sat Jul 13, 2019 9:30 am
Forum: Personal Investments
Topic: Are retirement accounts exposed to liability claims?
Replies: 31
Views: 5995

Re: Are retirement accounts exposed to liability claims?

I recently became eligible for TSP. However, TSP isn't ERISA protected. I have accounts at Fidelity and other brokerages that are ERISA protected. How important is ERISA protection? I'd like to consolidate all my accounts at TSP, but don't know whether to do so because TSP isn't ERISA protected. Tha...
by A Boglehead
Mon May 06, 2019 2:52 pm
Forum: Personal Investments
Topic: Convert VTSAX to VTI because of VTI's lower expense ratio?
Replies: 12
Views: 2967

Re: Convert VTSAX to VTI because of VTI's lower expense ratio?

Thanks! It sounds like the consensus is to leave it as VTSAX, because of bid-ask spreads. Re: "broker's commission", Vanguard said they don't charge commissions on their ETFs. Is there another broker's commission to consider? I'm thinking of investing more money in my taxable account. Do you prefer ...
by A Boglehead
Mon May 06, 2019 2:24 pm
Forum: Personal Investments
Topic: Convert VTSAX to VTI because of VTI's lower expense ratio?
Replies: 12
Views: 2967

Convert VTSAX to VTI because of VTI's lower expense ratio?

Dear everyone, Vanguard lowered the expense ratio on Vanguard Total Stock Market ETF (VTI) to 0.03%. I have Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) in retirement and taxable accounts. I'm thinking of converting VTSAX to VTI because VTSAX has an expense ratio of 0.04%. Can you t...
by A Boglehead
Fri Mar 29, 2019 2:20 pm
Forum: Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 75
Views: 7668

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Thx! It sounds like you wish you'd invested the money, rather than leaving it in cash. I'm torn between investing the down payment in a municipal bond, stock or CD. Sallie Mae has 1 year CDs with 2.75% APY. Vanguard Tax-Exempt Bond ETF has a 30 day SEC yield of 2.35%. Since I was in the 24% federal ...
by A Boglehead
Thu Mar 28, 2019 11:51 pm
Forum: Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 75
Views: 7668

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Thank you both! I already have 20% saved up in a taxable brokerage account all in stock, but still have more cash in the bank. I'm trying to decide whether to invest any of that. I'm flexible on when to buy. I live in a pricey area, and am a little worried I won't be able to buy if I don't buy soon,...
by A Boglehead
Thu Mar 28, 2019 9:58 pm
Forum: Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 75
Views: 7668

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

I'm also hoping to buy a house in the next 2-3 years, but am not sure when. I have a lot of cash sitting in the bank earning 2.2% APY. I'm debating whether to invest some of that in a municipal bond in my taxable account, and am considering Vanguard Tax-Exempt Bond ETF (VTEB). Last year I was in the...
by A Boglehead
Thu Mar 14, 2019 10:05 pm
Forum: Personal Investments
Topic: Evaluating Bond ETF's - BND vs AGG
Replies: 19
Views: 4382

Re: Evaluating Bond ETF's - BND vs AGG

Thanks! I don't know.
by A Boglehead
Sat Mar 09, 2019 12:59 pm
Forum: Personal Investments
Topic: Evaluating Bond ETF's - BND vs AGG
Replies: 19
Views: 4382

Re: Evaluating Bond ETF's - BND vs AGG

Thank you all! I bought FXNAX.
by A Boglehead
Fri Mar 08, 2019 4:37 pm
Forum: Personal Investments
Topic: Evaluating Bond ETF's - BND vs AGG
Replies: 19
Views: 4382

Re: Evaluating Bond ETF's - BND vs AGG

Thanks! I'm having a hard time finding a total bond mutual fund which is free to buy/sell, and has good reviews. I think Fidelity charges $75 to buy VBTLX. Morningstar's review of FXNAX (formerly FBIDX) is "Fidelity US Bond Index FBIDX provides broad, market-value-weighted exposure to the investment...
by A Boglehead
Fri Mar 08, 2019 3:34 pm
Forum: Personal Investments
Topic: Evaluating Bond ETF's - BND vs AGG
Replies: 19
Views: 4382

Re: Evaluating Bond ETF's - BND vs AGG

I have a 401(k) at Fidelity, and want to buy a total market bond index fund. AGG is free to buy, but it's expense ratio is 0.05% with a 0.01% Fee Waiver through 6/30/2026, after which its expense ratio may increase. Fidelity also charges to sell AGG: "The sale of ETFs is subject to an activity asses...
by A Boglehead
Mon Feb 11, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: should I use my full first name or first initial on my credit card?
Replies: 12
Views: 1424

Re: should I use my full first name or first initial on my credit card?

Thank you all!

It sounds like using my first initial and last name on my credit card is more private, because it'll be harder for others to find my address online, as well as identify my gender.
by A Boglehead
Sun Feb 10, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: should I use my full first name or first initial on my credit card?
Replies: 12
Views: 1424

should I use my full first name or first initial on my credit card?

Do you know whether it's better to use my full first and last name, or first initial and last name, on my credit card?

I'm concerned about identity theft and privacy.

Thank you.
by A Boglehead
Sun Feb 10, 2019 6:36 pm
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 69
Views: 16837

Re: This is Unbelievable - another Vanguard customer support odyssey

I've tried 2x to give mutual funds to my church. Initially Vanguard gave me multiple steps to follow, but I asked whether it could be done by converting the specific lots to ETFs, then given that way, which simplified the process. Unfortunately, Vanguard converted the wrong lots 2x. Some Vanguard em...
by A Boglehead
Tue Dec 11, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is TurboTax accurate?
Replies: 3
Views: 591

Is TurboTax accurate?

My Social Security statement listed my 2017 Taxed Social Security and Medicare Earnings $2 less than what was filed on my tax return. When I asked Social Security about the discrepancy, they requested my IRS transcript. The IRS transcript listed my self-employed income $1 lower than what was on my t...
by A Boglehead
Sun Sep 30, 2018 10:41 pm
Forum: Personal Investments
Topic: investing for retirement outside 401(k)
Replies: 4
Views: 484

Re: investing for retirement outside 401(k)

Thank you all!

I have health insurance through my employer.

I have a taxable account @ Vanguard, in which I hold VTIAX and VTSAX.

Thank you!
by A Boglehead
Sun Sep 30, 2018 9:58 pm
Forum: Personal Investments
Topic: investing for retirement outside 401(k)
Replies: 4
Views: 484

investing for retirement outside 401(k)

My employer doesn't allow part time employees like me to save in their 401(k).

I already have a Roth IRA. How else can I save for retirement?

Thanks!
by A Boglehead
Fri Apr 20, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Questions about donating appreciated fund shares
Replies: 14
Views: 1871

Re: Questions about donating appreciated fund shares

I'm trying to give Admiral shares of a Vanguard fund to a charity that has an account at Fidelity. Vanguard said I have to change the cost basis method from specific ID to first in first out, then demote all the shares to Investor, then change the cost basis back to specific ID, then gift the lots, ...
by A Boglehead
Wed Feb 14, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need disability insurance
Replies: 59
Views: 9392

Re: Do we need disability insurance

Thank you all! I got a revised quote for disability insurance. Principal costs $4,599/y for $6,515/mo. The quote reads, "Benefits continue while you remain totally disabled 5 years." Standard costs $5,068/y for $6,270/mo. The quote reads, "Maximum Benefit Period: 5 Years" Another broker found 5 year...
by A Boglehead
Wed Feb 14, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Peninsula Clean Energy
Replies: 1
Views: 334

Peninsula Clean Energy

May I ask if any of you have any opinion re: whether Peninsula Clean Energy charges more or less than Pacific Gas & Electricity (PG&E)? When I look back over the last year's bills, and divide my balance by the number of kWh used, PG&E appears to be cheaper. When I called PG&E, they said they couldn'...
by A Boglehead
Fri Dec 29, 2017 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need disability insurance
Replies: 59
Views: 9392

Re: Do we need disability insurance

Thanks! Jonathan Clements wrote, "If you have $1 million or more socked away, you likely need little or no life, disability and long-term-care coverage"; what do you think? A broker I'm considering working w/had a Customer Dispute filed 11/11/2016, which was denied. The "CLIENT ALLEGES HE WAS NOT MA...
by A Boglehead
Fri Dec 29, 2017 2:18 am
Forum: Investing - Theory, News & General
Topic: This is Unbelievable - another Vanguard customer support odyssey
Replies: 69
Views: 16837

Re: This is Unbelievable - another Vanguard customer support odyssey

Do you have any advice re: how to deal with Vanguard? Or who to change to? 12/13 I learned I had to "upgrade" my mutual fund account to a brokerage account in order to gift securities, so I started the process online. 12/15 I mailed the paperwork to gift securities. 12/22 I learned they needed to ve...
by A Boglehead
Sun Dec 17, 2017 12:10 am
Forum: Personal Consumer Issues
Topic: are made for iPod, iPhone, iPad accessories safe to use?
Replies: 8
Views: 1105

Re: are made for iPod, iPhone, iPad accessories safe to use?

Thank you all! It sounds like it shouldn't destroy my phone. :)
by A Boglehead
Sat Dec 16, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: are made for iPod, iPhone, iPad accessories safe to use?
Replies: 8
Views: 1105

are made for iPod, iPhone, iPad accessories safe to use?

May I ask if you've used the Onn Sync and Charge Cable with 30-pin connector? I don't want to damage my iPhone, but it cost a lot less than an Apple cable. Thanks!
by A Boglehead
Fri Dec 01, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need disability insurance
Replies: 59
Views: 9392

Re: Do we need disability insurance

Thank you!

Can you recommend a disability insurance broker who specializes in physicians? My quote was from Kathy Copack Bilodeau, who seemed experienced and honest, I just didn't anticipate disability costing so much.

Thanks!
by A Boglehead
Sun Nov 19, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Do we need disability insurance
Replies: 59
Views: 9392

Re: Do we need disability insurance

Thank you all!

I am 45 and female. I'm a neurologist in CA. No, I haven't gotten quotes from anyone else; do you have any recommendations? I'm planning to call the AMA and the American Academy of Neurology. Thanks!
by A Boglehead
Sat Nov 11, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: [SEP IRA or Individual 401k?]
Replies: 6
Views: 910

Re: [SEP IRA or Individual 401k?]

Thanks! It sounds like everyone except tigerdoc93 thinks an individual 401k would be better, and Fidelity has lower fee funds than Vanguard. Thank you all!
by A Boglehead
Sat Nov 11, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need disability insurance
Replies: 59
Views: 9392

Re: Do we need disability insurance

I just got a quote for disability insurance w/the following specs: Principal $8,910 monthly benefit Non-cancelable coverage (premiums guaranteed to stay level) with benefits payable to your age 65 90-day elimination period Own-occupation definition of disability (protects income in your chosen profe...
by A Boglehead
Sat Nov 04, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: [SEP IRA or Individual 401k?]
Replies: 6
Views: 910

Re: [SEP IRA or Individual 401k?]

Thank you both! It sounds like both of you recommend the individual 401k because I can save more in it, and only contributing to it for 1 year isn't an issue, as I can keep the account open. It sounds like I can also make Roth IRA contributions w/the individual 401k. Please let me know if I misunder...
by A Boglehead
Fri Nov 03, 2017 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: [SEP IRA or Individual 401k?]
Replies: 6
Views: 910

[SEP IRA or Individual 401k?]

[Moved into a new thread from: SEP IRA vs Self 401k (Dec 08, 2014) --admin LadyGeek] Thanks! May I ask which you ended up deciding on? I'm also a physician, and usually do the backdoor Roth. However, this year I have about $30K of self-employed income, and will also be receiving a W-2. My new emplo...
by A Boglehead
Thu Mar 23, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Metropolitan Bank 2% interest
Replies: 0
Views: 801

Metropolitan Bank 2% interest

Does anyone know anything about Metropolitan Bank or https://www.metropolitan.bank/medical/checking ? They're offering 2% interest on up to 25K. Metropolitan Bank opened in 2008, and got mostly good reviews online, although one person said their online banking was bad; that review was 4 years old. T...
by A Boglehead
Wed Mar 22, 2017 1:48 pm
Forum: Personal Investments
Topic: converting part of 401k to Roth 401k
Replies: 4
Views: 641

Re: converting part of 401k to Roth 401k

Thanks! I really appreciate it. I spoke w/an account who said it's not a big deal if I accidentally go over a little (about $1K), because I'd be paying the marginal tax bracket (25% on the additional amount). I don't' think he took capital gains or dividends into account. Fidelity said if I convert ...
by A Boglehead
Wed Mar 22, 2017 1:36 pm
Forum: Personal Investments
Topic: help starting fresh from years of financial disaster
Replies: 29
Views: 4575

Re: help starting fresh from years of financial disaster

May I ask if you're still happy with https://www.metropolitan.bank/medical/checking ?

Metropolitan Bank opened in 2008, and got mostly good reviews online, although one person said their online banking was bad; that review was 4 years old.

Thank you!
by A Boglehead
Tue Dec 13, 2016 6:54 pm
Forum: Personal Investments
Topic: converting part of 401k to Roth 401k
Replies: 4
Views: 641

converting part of 401k to Roth 401k

I am in the 10% federal tax bracket for 2016, but am usually in the 28% tax bracket. I can convert part of my 401k to a Roth 401k. Do you think I should convert the amount that brings me up to the top of my current low tax bracket of 10%, or up to 15%? I believe the capital gains tax bracket is curr...
by A Boglehead
Thu Jan 07, 2016 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: should I save in a health savings account (HSA)?
Replies: 6
Views: 1603

should I save in a health savings account (HSA)?

I am not working right now, and signed up for a high-deductible health insurance policy w/an HSA. Is it worth saving in an HSA if I'm planning to be back on a regular insurance policy in the next 6 months or so? My understanding is HSA dollars can't be spent on insurance premiums, and I spent $1,826...
by A Boglehead
Thu Jan 07, 2016 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: RFID wallet?
Replies: 28
Views: 4316

Re: RFID wallet?

Thank you everyone!

I ended up calling every company with whom I have a credit card, and it turns out none of my credit cards have RFID.

One of the companies said if I had a card w/RFID, to request one without, so the RFID blocking wallet isn't necessary.

I really appreciate your input!