Search found 229 matches

by jeremyl
Thu Oct 29, 2020 6:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9435
Views: 755808

Re: U.S. stocks continue to soar!

Einhorn: September 2nd was the top. https://www.zerohedge.com/markets/david-einhorn-enormous-tech-bubble-and-it-popped-september-2-2020 Bubbles tend to topple under their own weight. Everybody is in. The last short has covered. The last buyer has bought (or bought massive amounts of weekly calls). ...
by jeremyl
Wed Oct 28, 2020 7:40 pm
Forum: US Chapters
Topic: Indiana Bogleheads Chapter.
Replies: 17
Views: 874

Re: Indiana Bogleheads Chapter.

I'm in Fishers. I believe there's a person from Noblesville on here as well.
by jeremyl
Sun Oct 25, 2020 8:06 pm
Forum: Personal Consumer Issues
Topic: New smoker recommendation?
Replies: 101
Views: 6422

Re: New smoker recommendation?

I've had my pit boss pro series pellet smoker for a little over a month now. It has a pretty much set it & forget it for temperature control. I've done a pork butt for pulled pork, ribs, a couple of whole chickens & tried a brisket. It's all been good just typical trial & error mistakes on my part b...
by jeremyl
Tue Sep 22, 2020 5:13 am
Forum: Personal Investments
Topic: HSA Strategy Questions
Replies: 15
Views: 1872

Re: HSA Strategy Questions

I have now completed my transfer of my HSA from my employer to Fidelity. I could use some help in settling on a fund to use in my HSA. I have listed my funds I use in my other investment accounts if that helps. 403b: Vanguard S & P 500 (VFIAX) and Vanguard Total Bond Fund (VBTLX) 403b w/TD Ameritrad...
by jeremyl
Sat Sep 19, 2020 7:29 am
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 144
Views: 20292

Re: Your "at peace" moments.

Most at peace when I sit in my beach chair with a cooler of cold beer and some country beach music and then walking the shoreline with my bride.
by jeremyl
Fri Aug 07, 2020 5:50 am
Forum: Personal Finance (Not Investing)
Topic: Refinance 2.75% 30 year fixed??
Replies: 8
Views: 1253

Re: Refinance 2.75% 30 year fixed??

Flyer24 wrote: Thu Aug 06, 2020 8:50 pm Get a no-cost rate. I have a 3.75% 30 year loan that I got last year. I just got an offer for 3% with the credits covering the closing costs.
If you don't mind, who's the lender?
by jeremyl
Wed Jun 24, 2020 6:54 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

I still vote for taxable since you are in the 12% bracket. Is that right? Or did I miss something? There is no benefit for you for deferring taxes now at 12%. The whole point of deferring taxes is to pay taxes at a lower rate later on. That is highly unlikely since you are already almost on the bot...
by jeremyl
Wed Jun 24, 2020 6:45 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

While it's true that teacher's pensions are often severely penalized with early retirement, educators do have an advantage over almost all other careers as far as tax deferral. They can contribute to both a 403(b) and a 457(b) tax deferred. A couple of teachers that are under 50 can contribute $78,...
by jeremyl
Wed Jun 24, 2020 1:37 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

"Does that make sense?" Yes So you really need to work with a time map of your projected incomes working against your income needs. example If retire at 50: income sources 50-59 = her income, portfolio draws, his PT income, etc income sources 59 - SS begin = above + pension due at 59 income sources...
by jeremyl
Tue Jun 23, 2020 8:04 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

In another thread I asked about investing in tax deferred vs taxable for our situation and I was advised to post our numbers and see which is likely better. In order to bridge the gap from early retirement to receiving my pension, I was wondering if I should drop tax deferred to company match (5%) ...
by jeremyl
Mon Jun 22, 2020 12:00 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

We've maxed my wife's Roth IRA the last 2 years because she's focused on being a SAHM with our daughter and hasn't had much income. We will look into the solo 401k. Maybe this is not what you meant, but it sounds like you think your wife has to have income in order to contribute to Roth IRA. She do...
by jeremyl
Sun Jun 21, 2020 12:51 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

I'm going to vote for taxable. You are in the 12% tax bracket and would still be in that bracket even if you did not put money into the 403b. Deferring taxes at 35% is a wonderful thing. Deferring taxes at only 12% is not such a wonderful thing. It is especially not wonderful since there is a high ...
by jeremyl
Sun Jun 21, 2020 12:40 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

It occurred to me that there is another wrinkle to leaving the teaching profession before meeting the retirement system thresholds, at least in NY. In NY, the amount you can collect is reduced if you don’t hit the threshold (NY required 30 years + age 55 in my tier) and collect prior to age 62. If ...
by jeremyl
Thu Jun 18, 2020 5:55 am
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

Retiring before 55 is the goal. I’ll have to look into the contract about health insurance. But I’m sure it can change with every negotiated contract between now and then. Our contracts are 2 yr deals and are aligned with the state budget years. The only thing about future salary growth is that I st...
by jeremyl
Tue Jun 16, 2020 1:39 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

Thanks for all of the replies. I've inquired about a 403b roth option, but I'm guessing my school district doesn't provide it. My wife has a SEP IRA but we haven't contributed to it the last 2 years because she didn't do much with her online business because of having our daughter. She may make abo...
by jeremyl
Tue Jun 16, 2020 1:33 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

My feeling is that if a Substantially Equal Periodic Payment (SEPP) aka 72(t) early withdrawal with no penalty plan is not enough income to pay for expenses in early retirement before other income comes online*, then one is not really financially independent and should not early retire. I did not s...
by jeremyl
Tue Jun 16, 2020 12:45 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

No roth 403b option from employer.
by jeremyl
Tue Jun 16, 2020 12:43 pm
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Re: Tax Deferred vs Taxable-Early Retirement Goal

Thanks for all of the replies. I've inquired about a 403b roth option, but I'm guessing my school district doesn't provide it. My wife has a SEP IRA but we haven't contributed to it the last 2 years because she didn't do much with her online business because of having our daughter. She may make abou...
by jeremyl
Tue Jun 16, 2020 5:45 am
Forum: Personal Investments
Topic: Tax Deferred vs Taxable-Early Retirement Goal
Replies: 51
Views: 3592

Tax Deferred vs Taxable-Early Retirement Goal

In another thread I asked about investing in tax deferred vs taxable for our situation and I was advised to post our numbers and see which is likely better. In order to bridge the gap from early retirement to receiving my pension, I was wondering if I should drop tax deferred to company match (5%) a...
by jeremyl
Fri Jun 12, 2020 7:16 pm
Forum: Personal Investments
Topic: FI Number: taxable vs 401k
Replies: 20
Views: 1634

Re: FI Number: taxable vs 401k

bluexray, The answer is highly dependent on the actual annual expense. At less than 50K to 60K level, the amount of taxes that you would pay when you early retire is small enough that you can ignore them. At the annual expense of 100K and above, you need to estimate the taxes. The better answer woul...
by jeremyl
Sat May 23, 2020 6:25 am
Forum: Personal Investments
Topic: HSA Strategy Questions
Replies: 15
Views: 1872

Re: HSA Strategy Questions

Just wanted to give an update. I can max out the HSA early with the company contribution and transfer to a fidelity HSA which will allow me to invest the entire amount vs having to keep $2,500 in cash. As long as I don’t close the HSA account with the vendor (American Fidelity) it will not mess with...
by jeremyl
Fri May 08, 2020 1:11 pm
Forum: Personal Investments
Topic: HSA Strategy Questions
Replies: 15
Views: 1872

Re: HSA Strategy Questions

I just started an HSA with my employer in January and I’m about to surpass the required $2,500 amount that cannot be invested. So, all contributions from the next pay on can be invested. I have the Vanguard 500 index fund (VFIAX) as the best stock option And I have the Vanguard Total Bond Market Fu...
by jeremyl
Wed May 06, 2020 5:26 am
Forum: Personal Investments
Topic: HSA Strategy Questions
Replies: 15
Views: 1872

Re: HSA Strategy Questions

It is not true that you can only rollover once in 12 months. That is if you do an "indirect rollover", aka have the HSA distributed to you and then promptly send the amount to the receiving HSA. Direct trustee-to-trustee transfers can happen more often, but check for pesky fees with your employer H...
by jeremyl
Tue May 05, 2020 8:07 pm
Forum: Personal Investments
Topic: HSA Strategy Questions
Replies: 15
Views: 1872

HSA Strategy Questions

I just started an HSA with my employer in January and I’m about to surpass the required $2,500 amount that cannot be invested. So, all contributions from the next pay on can be invested. I have the Vanguard 500 index fund (VFIAX) as the best stock option And I have the Vanguard Total Bond Market Fun...
by jeremyl
Wed Mar 18, 2020 6:29 pm
Forum: Investing - Theory, News & General
Topic: Where's Warren Buffett During This Crisis?
Replies: 181
Views: 26205

Re: Where's Warren Buffett During This Crisis?

ValuationsMatter wrote: Wed Mar 18, 2020 4:03 pm 1) working deals and spending his $128B to buy elephants
2) hiding from coronavirus because contracting it will kill him
Exactly what I was thinking. :beer
by jeremyl
Mon Mar 16, 2020 6:43 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 57797

Re: How to get Toilet Paper ? seriously.

Costco, pack of 12-20? limit 1 per customer. Amazon.com Facial tissue Paper towels Baby wipes Jumbo paper towel dispenser roll donated from work if they let you have it. j :happy I was going to say baby wipes. Old t-shirts if necessary. Luckily there wife got enough baby wipes for our daughter for ...
by jeremyl
Sun Mar 15, 2020 10:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20561
Views: 2807871

Re: U.S. stocks in free fall

So is this a "Big Short" moment? Bet against the US economy? I don't know about that, but the inverse folks are going to be very happy tomorrow methinks. The problem there is catching the turn. I wouldn't know how to do that but don't you think you could let the short ride for a bit? The market jus...
by jeremyl
Sun Mar 15, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20561
Views: 2807871

Re: U.S. stocks in free fall

So is this a "Big Short" moment? Bet against the US economy?
by jeremyl
Sun Mar 15, 2020 9:41 am
Forum: Personal Investments
Topic: TLH Plan, mutual fund to etf and brokerage ?
Replies: 1
Views: 143

TLH Plan, mutual fund to etf and brokerage ?

I have been slowing building my taxable account up over the last year and a half. My taxable and roth ira are at vanguard and both are in the total us stock index fund (vtsax). I'm trying to figure out the ideal plan for the taxable account regarding tax loss harvesting and whether or not to convert...
by jeremyl
Thu Mar 12, 2020 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Keeping cash on hand during times like this???
Replies: 10
Views: 1283

Keeping cash on hand during times like this???

Does anyone keep a certain amount/percentage of cash on hand in situations like what we're dealing with today with this virus?

I figure I'll grab some just in case but was curious to know what others think/do.
by jeremyl
Wed Mar 04, 2020 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: New house or refi current?
Replies: 4
Views: 326

Re: New house or refi current?

As a teacher with 19 yrs experience it can be very hard to find a job making the same money unless it's an administrator job. It could be possible to get close. I have a PE license & a counselor license and these jobs are really competitive in my area or targeted areas. As far as an existing home, w...
by jeremyl
Wed Mar 04, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: New house or refi current?
Replies: 4
Views: 326

New house or refi current?

My wife and I are trying to decide on what we’d like to do regarding building a new home or to stay put and refi our current home. Here are the approximate numbers we’re looking at for each: New Build: Cost will be approximately $330k with at least $100k down payment. Financing $230k over 30 years w...
by jeremyl
Mon Feb 24, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Haven't received 1099 from a side gig Employer
Replies: 17
Views: 1169

Re: Haven't received 1099 from a side gig Employer

It was not through one of those systems. I was told many other people haven't received theirs either. But I looked up how much they paid me from my bank statements and will include it in my income for the year.
by jeremyl
Mon Feb 24, 2020 8:32 pm
Forum: Personal Investments
Topic: ITOT and VTI double hedge?
Replies: 11
Views: 1165

Re: ITOT and VTI double hedge?

CoastalWinds wrote: Mon Feb 24, 2020 8:09 pm Not for the reasons you mention. But yes for TLH.
Do you TLH these with each other in your taxable?
by jeremyl
Fri Feb 21, 2020 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Haven't received 1099 from a side gig Employer
Replies: 17
Views: 1169

Re: Haven't received 1099 from a side gig Employer

I went back through my bank statements and recorded what I made last year. I emailed another person and allegedly I'm not the only one and should see it next week. If not, I'll just give my tax guy the amounts and let it be I guess.

Thanks!
by jeremyl
Thu Feb 20, 2020 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Haven't received 1099 from a side gig Employer
Replies: 17
Views: 1169

Haven't received 1099 from a side gig Employer

I have not received a 1099 from an out of state online school that I taught for in 2019. I have emailed and left voicemails for the people I was given their names to contact. I was a contracted teacher/employee for this online school for about 4 or 5 months. What should be my next action to try to g...
by jeremyl
Thu Feb 06, 2020 6:25 am
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 200
Views: 20799

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

I am not able to buy fractional shares either (iPad or android phone). I just opened my account in December. Hopefully it happens soon.
by jeremyl
Wed Feb 05, 2020 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9435
Views: 755808

Re: U.S. stocks continue to soar!

Will anyone admit to making any changes to their portfolio based on the virus news? One of my goals for 2020 is to buy $1,000/month of VTSAX to build my taxable account. I had the funds to buy my February contribution so I did it on Monday (time in the market). Wish I had done if Friday but oh well.
by jeremyl
Wed Feb 05, 2020 6:08 am
Forum: Investing - Theory, News & General
Topic: Fun money investing?
Replies: 5
Views: 732

Re: Fun money investing?

Everyone here will probably tell you don't do it.... I'll take the opposite viewpoint that you should, if you want.... obviously with a small amount of money. But owning some individual stocks will actually teach you a lot more than ever reading about them, and is a great learning experience. I've ...
by jeremyl
Tue Feb 04, 2020 8:04 pm
Forum: Investing - Theory, News & General
Topic: Fun money investing?
Replies: 5
Views: 732

Fun money investing?

I have read recently about the sports being companies and how one of them will be offering an IPO sometime this spring (think it's Draft Kings). I was thinking I might throw a little at it just for fun (my fun money for this would be very small, maybe a thousand or 2 to see what happens). I don't be...
by jeremyl
Tue Feb 04, 2020 7:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9435
Views: 755808

Re: U.S. stocks continue to soar!

:twisted: Days like today make investing seem surreal, like everyone is using play money not greenbacks. I am sure there are members of this forum who look at their one day gain and have trouble squaring them with the reality of their working life. I made more today than I did in a year (after taxes...
by jeremyl
Tue Feb 04, 2020 7:42 pm
Forum: Personal Consumer Issues
Topic: Longest battery smart phone
Replies: 35
Views: 2606

Re: Longest battery smart phone

Does anyone use their Moto g7 power in Google fi? I thought about getting it but I saw that one or 2 features (or something) doesn't work with the g7 power. But the g7 gets all compatibility.

Just curious if anyone uses the power on the fi cell service and how they like it.
by jeremyl
Sat Jan 25, 2020 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1676
Views: 242290

Re: Fidelity as a one stop shop

So I just set it up wrong. It is neither right nor wrong, just matter of personal preference and convenience. Scenario 1: If you use lots of checks, ATM, and/or debit charges, it may be easier to deposit into CMA and then optionally move direct deposit into money market for higher short-term intere...
by jeremyl
Sat Jan 25, 2020 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1676
Views: 242290

Re: Fidelity as a one stop shop

So I just set it up wrong.

I need to set direct deposit for the brokerage and have core position as SPAXX. Set up bill pay and all of that the same as I did for the cma account. Set up cma to overdraft from the brokerage account. Is that correct?
by jeremyl
Fri Jan 24, 2020 5:38 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1676
Views: 242290

Re: Fidelity as a one stop shop

As I understand it, I will have to manually purchase spaxx mmf. correct. If I pay a bill and have $0 in the cma it will not pull from the mmf to cover the bill correct? Not correct. Any money market in the CMA will be used to cover the bill. --vtMaps Okay, good. I’d rather it be automatic but it’s ...
by jeremyl
Thu Jan 23, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1676
Views: 242290

Re: Fidelity as a one stop shop

My wife and I do essentially everything at Fidelity. We have direct deposit, debit, credit and checking. But they are all tied to our investment account, there is no CMA. The cash balance is about 6 months savings, essentially our emergency fund, and sits in SPAXX, which is earning about 1.4% inter...
by jeremyl
Sat Jan 18, 2020 2:59 pm
Forum: Investing - Theory, News & General
Topic: For the wiki: HSA as an emergency fund
Replies: 31
Views: 3765

Re: For the wiki: HSA as an emergency fund

One could make folder in google drive called HSA receipts, take a picture and upload it to google drive too.
by jeremyl
Sat Jan 18, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab High Yield checking account
Replies: 32
Views: 3034

Re: Charles Schwab High Yield checking account

I’ve had this account for almost 3 yrs now and it’s all true. I really like it. I’m trying out the fidelity cash management + brokerage to earn more on my checking but not sure I like fidelity’s set up (others here will probably think I’m crazy but that’s how I feel not to mention transactions seem ...
by jeremyl
Fri Jan 10, 2020 11:23 am
Forum: Personal Investments
Topic: Teacher pension with social security integration?
Replies: 4
Views: 448

Teacher pension with social security integration?

A teacher friend of mine and I were talking about our pensions (Indiana) he brought up doing social security integration. Assuming this is still available to me when I retire (roughly 12 years at 55) this is something I'm pretty sure I want to do. In Indiana, teachers contribute to social security s...
by jeremyl
Thu Jan 02, 2020 1:06 pm
Forum: Personal Investments
Topic: Parking money in VMMXX until Roth - good or no?
Replies: 25
Views: 2197

Re: Parking money in VMMXX until Roth - good or no?

My take is that if the money is destined for a Roth, but can't get there, then it might as well be invested in a taxable account in similar if not identical investments. Example: It's November and you have $6,000 to add to VTSAX in your Roth, but it isn't 2020 yet. I think you might as well invest ...