Search found 73 matches

by A Boglehead
Sun Dec 13, 2020 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: continue converted long term disability policy?
Replies: 1
Views: 388

Re: continue converted long term disability policy?

I'm still trying to decide whether to continue my converted long term disability policy. It costs $1,526.40 a year, and pays $3K/mo. I think I've saved enough to self-insure, and my current employer provides Disability Retirement, which pays $5,447.60/mo. for the first year, then less after that. Do...
by A Boglehead
Fri Nov 27, 2020 11:39 am
Forum: Personal Investments
Topic: Roth vs. traditional 401(a)
Replies: 15
Views: 944

Re: Roth vs. traditional 401(a)

Thank you all! I really appreciate. William Bernstein wrote Roth is better than traditional since you can contribute "more" (after-tax vs. pre-tax dollars). According to https://www.whitecoatinvestor.com/should-you-make-roth-or-traditional-401k-contributions/ "If you are already maxin...
by A Boglehead
Tue Nov 24, 2020 10:16 pm
Forum: Personal Investments
Topic: Roth vs. traditional 401(a)
Replies: 15
Views: 944

Re: Roth vs. traditional 401(a)

tj wrote: Mon Nov 23, 2020 10:37 pm What agencies give you a 401(a) ?!??!

I know you can get a second 401(k) with NCUA, FDIC, OCC....
Dept. of the Army.
by A Boglehead
Tue Nov 24, 2020 10:14 pm
Forum: Personal Investments
Topic: Roth vs. traditional 401(a)
Replies: 15
Views: 944

Re: Roth vs. traditional 401(a)

Another important concern: what state do you live in now, and what state do you plan to retire in? If you live in a high-tax state like MD, the 24% federal bracket might give you a 32.95% combined federal and state tax rate. If you retire in a state with no tax, with a 22% tax rate (or 25% if rates...
by A Boglehead
Mon Nov 23, 2020 9:59 pm
Forum: Personal Investments
Topic: Roth vs. traditional 401(a)
Replies: 15
Views: 944

Re: Roth vs. traditional 401(a)

Thanks! My responses are below in bold. I know this has been asked by many others, and I'm still confused after reading through a bunch of replies. I'm enrolled in TSP, and can participate in a traditional or Roth 401(a), or combination of the 2. 40% of all my money in retirement accounts is pre-ta...
by A Boglehead
Mon Nov 23, 2020 7:56 pm
Forum: Personal Investments
Topic: Roth vs. traditional 401(a)
Replies: 15
Views: 944

Roth vs. traditional 401(a)

I know this has been asked by many others, and I'm still confused after reading through a bunch of replies. I'm enrolled in TSP, and can participate in a traditional or Roth 401(a), or combination of the 2. 40% of all my money in retirement accounts is pre-tax, and 60% Roth. I didn't include my bank...
by A Boglehead
Sun May 03, 2020 4:49 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity Individual 401(k)
Replies: 8
Views: 806

Re: Vanguard vs. Fidelity Individual 401(k)

Thank you all! You've been very helpful. I was able to work around Fidelity's inability to accept electronic deposits by electronically moving money from my bank to a cash management account at Fidelity, then moving that to my 401(k). Based on everything in this discussion, I'm leaning towards leavi...
by A Boglehead
Fri May 01, 2020 1:08 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity Individual 401(k)
Replies: 8
Views: 806

Re: Vanguard vs. Fidelity Individual 401(k)

Thank you! I just realized I can also roll my self-employed (SE) 401(k) to my 401(a) at Thrift Savings Plan (TSP). The main advantage of doing so is I already have a 401(a) there, so I won't need to open a new one to accept the Fidelity SE 401(k). In addition, TSP offers FERSA protection, whereas a ...
by A Boglehead
Thu Apr 30, 2020 6:18 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity Individual 401(k)
Replies: 8
Views: 806

Vanguard vs. Fidelity Individual 401(k)

I'm thinking of moving my Self Employed (SE) 401(k) from Fidelity to Vanguard, to consolidate all my accounts at Vanguard. However, I've been trying to move my Roth IRA from Fidelity to Vanguard since 4/27/20. Although Vanguard said they canceled the transfer of assets so I could sell the Fidelity h...
by A Boglehead
Sun Apr 26, 2020 4:54 pm
Forum: Personal Investments
Topic: Should I move my Roth IRA from Fidelity to Vanguard?
Replies: 12
Views: 605

Should I move my Roth IRA from Fidelity to Vanguard?

I'm trying to consolidate my accounts to as few brokerages as possible. I have 10x as much money invested at Vanguard as at Fidelity. I'm debating whether to pay $50 to close my Fidelity Roth IRA, and move it to Vanguard, so all my Roth IRA money will be at Vanguard. I'll still have a self-employed ...
by A Boglehead
Wed Apr 22, 2020 8:05 pm
Forum: Personal Investments
Topic: Funding a down payment with investments
Replies: 12
Views: 1101

Re: Funding a down payment with investments

Money you intend to spend in a short time should not be in the stock market, unless you are willing to cancel the purchase plan if the market falls, It is reasonable to have a stock investment which is at least double the amount you intend to spend, and sell the stock as needed; if the market crash...
by A Boglehead
Tue Apr 21, 2020 6:21 pm
Forum: Personal Investments
Topic: Funding a down payment with investments
Replies: 12
Views: 1101

Re: Funding a down payment with investments

Thanks! 20% down is about $200K.

Does Vanguard offer margin loans for real estate? I didn't find anything online.

Thanks!
by A Boglehead
Tue Apr 21, 2020 5:49 pm
Forum: Personal Investments
Topic: Funding a down payment with investments
Replies: 12
Views: 1101

Re: Funding a down payment with investments

My down payment is invested in Vanguard Total International Stock and Vanguard Total Intl Stock Index Admiral. I think eventually both will return to at least what they cost. If I found a place I liked before that happened, I'd either take out a bigger mortgage (put less down), or delay buying prope...
by A Boglehead
Tue Apr 21, 2020 4:33 pm
Forum: Personal Investments
Topic: Funding a down payment with investments
Replies: 12
Views: 1101

Re: Funding a down payment with investments

I have the same question. I invested my down payment for a property, but it's currently worth less than what I invested. If/when it's worth the amount I invested, should I sell, in case I find a property I want to buy? I'm no longer investing my down payment. Instead, it's just going to my bank acco...
by A Boglehead
Fri Feb 14, 2020 7:26 pm
Forum: Personal Consumer Issues
Topic: AT&T landline versus VOIP
Replies: 26
Views: 1872

Re: AT&T landline versus VOIP

How are you getting VOIP? Is it through your cable line or through your phone line or through satellite or through cell service? Thank you all! I really appreciate it! My VOIP is from AT&T, for $34.85 / month. I never use it, as I use Google Voice. I keep my VOIP only for emergencies, and so I'...
by A Boglehead
Thu Feb 13, 2020 10:06 pm
Forum: Personal Investments
Topic: Convert VTSAX to VTI because of VTI's lower expense ratio?
Replies: 43
Views: 8709

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

I buy the mutual fund in order to be able to use up all the cash I want to invest, then convert it to the ETF after it settles. Is there still a bid-ask spread if I'm converting from the mutual fund to the ETF? I thought they were difference share classes of the same fund.

Thanks!
by A Boglehead
Thu Feb 13, 2020 10:02 pm
Forum: Personal Consumer Issues
Topic: AT&T landline versus VOIP
Replies: 26
Views: 1872

AT&T landline versus VOIP

AT&T raises my rates about once a year. My internet and VOIP also go out periodically, for days at a time. The surcharges and fees, government taxes and fees are 34% of my phone bill! I'm thinking of changing from VOIP to copper. AT&T's website https://www.att.com/home-phone/landline.html ad...
by A Boglehead
Tue Jan 07, 2020 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Amica hiked my insurance, thoughts on alternatives?
Replies: 50
Views: 5969

Re: Amica hiked my insurance, thoughts on alternatives?

Do you think GEICO or Amica is better? Amica raised my car insurance by $330.96 "due to your state's rate increase which went into effect of February last year, which is only now impacting your policy since this is the first renewal since that increase went into effect." GEICO costs $376.1...
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: 1559

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: 31097

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: 31097

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: 1
Views: 388

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: 5699

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: 5699

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: 5699

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: 5699

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: 5699

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: 5699

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 wou...
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: 5699

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: 1747

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: 1747

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: 6264

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: 6264

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: 6264

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: 43
Views: 8709

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 y...
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: 43
Views: 8709

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: 8444

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: 8444

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: 8444

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: 5961

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: 5961

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: 5961

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 inves...
by A Boglehead
Fri Mar 08, 2019 3:34 pm
Forum: Personal Investments
Topic: Evaluating Bond ETF's - BND vs AGG
Replies: 19
Views: 5961

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 ...
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: 1504

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: 1504

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: 17304

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: 599

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: 501

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: 501

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: 1970

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, ...