Search found 467 matches

by crit
Sun May 05, 2019 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)
Replies: 62
Views: 4905

Re: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)

As two high-income individuals with careers as physicians I don't see much reason to marry until you decide to have children. I agree with this most of all, but: My spouse and I married after 15 years together and already committed, mainly due to a health event and the realization of how that could...
by crit
Sun May 05, 2019 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Exercising ISO options: what is the IRS's wisdom?
Replies: 13
Views: 625

Re: Exercising ISO options: what is the IRS's wisdom?

OK, so first you should know how the AMT is calculated. It's based on deductions, -not- explicitly on income. The law basically says: compute your total income tax by two different methods, and pay the higher one. The AMT uses a different set of deduction rules than the regular tax: for AMT calculat...
by crit
Thu Apr 25, 2019 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for ISO exercise (ouch, the AMT)
Replies: 3
Views: 495

Re: Plan for ISO exercise (ouch, the AMT)

Thanks much for your eyeballs and input, deanmoriarty.

We'll definitely check whether spouse's employer would buy back some shares. If I remember they do at least have right of first refusal.
by crit
Wed Apr 24, 2019 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Plan for ISO exercise (ouch, the AMT)
Replies: 3
Views: 495

Plan for ISO exercise (ouch, the AMT)

Spouse and I have come up with a plan to buy stock options while minimizing (real) cost to us. I’d appreciate the eyeballs of Bogles experienced in this matter. The company is private, and in the tech space. The options are ISOs, and do not get taxed upon exercise, but the bargain (gain) element is ...
by crit
Thu Apr 18, 2019 7:11 pm
Forum: Personal Investments
Topic: Close to Roth contribution income limit - options?
Replies: 7
Views: 395

Re: Close to Roth contribution income limit - options?

That changes the question. I answered assuming the original poster did not have a traditional IRA, because the question focused on Roth contributions.
by crit
Thu Apr 18, 2019 7:05 pm
Forum: Personal Investments
Topic: Close to Roth contribution income limit - options?
Replies: 7
Views: 395

Re: Close to Roth contribution income limit - options?

There is no cost, literal or figurative, for doing the backdoor procedure now. You may as well go ahead, and then you won't have to worry. If you can deduct the tIRA and then immediately convert it, it seems you have the best option? But don't keep money in a traditional IRA, if you expect you'll ne...
by crit
Thu Apr 18, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Marketwatch Article on Back Door Roths
Replies: 12
Views: 1654

Re: Marketwatch Article on Back Door Roths

Ouch, that's painful. Potentially very painful, in fact!
by crit
Thu Apr 18, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2752

Re: Insurance Advice after bicycle accident

My wife was with a cycling group this past Sunday and collided with a car. This accident involved another cyclist who arguably caused the whole accident The investigating officer said he did not ticket the driver because it didn't appear he broke any laws. Based on what I saw and what other witness...
by crit
Wed Apr 17, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2752

Re: Insurance Advice after bicycle accident

Cyclist here. I would absolutely not go after a driver who was not at fault. In fact, it sounds like the group of cyclists kind of ganged up on the driver here. Not cool. And just because there was a car involved doesn't mean that car is the deep pockets. I would consider, maybe, on the outside, if ...
by crit
Fri Apr 12, 2019 7:38 pm
Forum: Personal Investments
Topic: Please wrap your Boglehead around this
Replies: 31
Views: 6130

Re: Please wrap your Boglehead around this

Now that your questions have been resolved ... I will beseech you to not ever ever hedge your thoughts with "but I'm a woman", ever again. I'm not sure what stereotype you were working for or against there, but regardless of your own insecurities, you're doing a grave disservice to other women by st...
by crit
Mon Apr 08, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Question on Purchase that Fell Thru
Replies: 25
Views: 1834

Re: Real Estate Question on Purchase that Fell Thru

If the sellers -magically- give you another chance to match the "higher offer" ... Insist on a notarized copy of that other offer.
by crit
Mon Apr 01, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: 30yo Checking In
Replies: 13
Views: 1913

Re: 30yo Checking In

Agree with increasing retirement. You lose access to that space every year - you can't make up for it later.
by crit
Sun Feb 24, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 375
Views: 41380

Re: Losing a job in your 50's...

Spouse and I both have siblings who have recently lost corporate jobs at age 50. One somewhat expected, one entirely unexpected.

So, wise fellow bogles, what should we say? What should we not say? What did you want to hear?
by crit
Fri Feb 22, 2019 3:05 pm
Forum: Personal Investments
Topic: Couple years in the making, porfolio review time!
Replies: 11
Views: 1566

Re: Couple years in the making, porfolio review time!

Well, the freedom fund 2005 is close to 50% bonds and ER of .19, so that's one option for her 401k.
by crit
Sat Jan 26, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you ever feel overpaid?
Replies: 72
Views: 4501

Re: Do you ever feel overpaid?

Another academic here. I don't feel overpaid. But this upcoming sabbatical, where I will leave and just do my own project for a year? It feels like I'm robbing a bank and the provost is holding the door!

(I work in an experimental field where one paper a year is decent productivity, thankyouverymuch)
by crit
Fri Jan 25, 2019 12:22 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 291
Views: 25535

Re: What lifestyle creep made you happier?

256th reply of 'cleaner'.

Any accounting of cost there would also have to account for the benefit of decreased household friction about cleaning. IE, happier.
by crit
Fri Jan 25, 2019 12:08 am
Forum: Personal Finance (Not Investing)
Topic: No Children, what will your legacy be?
Replies: 118
Views: 8887

Re: No Children, what will your legacy be?

Am I the only one who thinks ... I just don't care? If I died, it would go to spouse, and that's what I'd want of course. If we both died together, I don't know, but .... I don't have feelings about it? Someone would get lucky I guess. I'd prefer that it not go to one person who might get a share, b...
by crit
Fri Jan 18, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 50843

Re: John Bogle has died at age 89

Rest in peace, Mr. Bogle.

I will try to continue your with of spreading these ideas widely.

I'll be grateful for your low cost index funds, for a long time to come.
by crit
Thu Jan 10, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Under $100k Avg Annual Income Millionaires and How You Did It?
Replies: 117
Views: 14445

Re: Under $100k Avg Annual Income Millionaires and How You Did It?

As is always true on the interwebs, I'll answer even though we don't really qualify. That is, I think we won't hit 1M until next year, and our income now is over triple your requirement. But that's the point. Over the last ten years, our average income would be less than $100k, and here we are closi...
by crit
Mon Dec 31, 2018 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Wiki page UPGRADE: Backdoor Roth
Replies: 76
Views: 5830

Re: Wiki page UPGRADE: Backdoor Roth

I'd like to edit my own contribution, which was " To report a full backdoor in Turbo Tax (at least, and possibly in other software), it is often helpful to skip the tax software's suggested order of entry, which is income first, and IRAs later. Instead, use the software's index of topics to report w...
by crit
Wed Dec 12, 2018 4:22 pm
Forum: Personal Investments
Topic: Tax Loss Harvesting - When to do it?
Replies: 17
Views: 1418

Re: Tax Loss Harvesting - When to do it?

Here is what I do: First, figure out what your equivalent closing value was for VTI, VOO or VXUS when you bought it. Google "VTI price history" or use Yahoo finance. For instance, I bought some VTSAX on 11/30, when VTI closed at $141.35 Second, watch that index. At 3:45 or so, it will converge towar...
by crit
Mon Dec 10, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Electric bill with LED
Replies: 114
Views: 9029

Re: Electric bill with LED

I replaced 23 recessed incandescent cans in our single-story ranch with LED cans two years ago, after an energy audit. I think they are a dimmable Cree unit, with a warm light spectrum. The new cans run much cooler, and are closed to air flow. I added foam rings to the gasket just to absolutely kill...
by crit
Mon Dec 03, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard thinks I have a wash sale. Do I?
Replies: 41
Views: 4862

Re: Vanguard thinks I have a wash sale. Do I?

Uh, what? That defies my understanding of replacement shares.

To clarify, do you now hold any FTSE? If so, when was your last recorded purchase of shares you now still hold?
To what shares was the adjustment in price made?
by crit
Mon Dec 03, 2018 5:33 pm
Forum: Personal Investments
Topic: tlh strategy question
Replies: 7
Views: 543

Re: tlh strategy question

I direct new contributions to the fund I'd most prefer to be in. So my new contributions go to Total Stock Market. In the end, you're going to have a stock allocation that is a mix of Total, Large Cap, probably some Small Cap to balance it, and whatever is in your IRA &/ 401k. In other words: by TLH...
by crit
Fri Nov 09, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Anyone with an Audi A3, Sport hatchback e-tron?
Replies: 37
Views: 2448

Re: Anyone with an Audi A3, Sport hatchback e-tron?

Pennylane, since you seem to have an inside track: do you think it might be possible eventually to swap in a bigger battery, as they become available, to the A3 etron? I read some speculation about that somewhere.
by crit
Fri Nov 09, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Anyone with an Audi A3, Sport hatchback e-tron?
Replies: 37
Views: 2448

Re: Anyone with an Audi A3, Sport hatchback e-tron?

We have had one for 2.5 years now. ~35k miles. We enjoy it a ton. Our use-case: 6-mile commute up a big long hill. Regular weekend trips and one-car family, so full electric out. Comfort priority high: my bad back, both of us are sensitive to noise. Must fit bike in back (hate racks). The top compet...
by crit
Mon Oct 29, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard thinks I have a wash sale. Do I?
Replies: 41
Views: 4862

Re: Vanguard thinks I have a wash sale. Do I?

So if I'm reading the replies correctly, it boils down to: 8/20 bought "lotA" FTSE 9/28 bought a separately sourced "lotB" FTSE 10/9: --10:00:00 am, sold "lotA" FTSE -- (honking sound, WASH SALE!, lotB that you still own are replacement shares) --10:00:01 am, sold "lotB" FTSE -- ("oh, ok, never mind...
by crit
Wed Oct 24, 2018 7:48 am
Forum: Personal Investments
Topic: Is TLH in 12% bracket less worthwhile?
Replies: 22
Views: 1902

Re: Is TLH in 12% bracket less worthwhile?

Yes, I was incorrect. Thanks for pointing the correct answer out to the OP.
by crit
Tue Oct 23, 2018 12:27 pm
Forum: Personal Investments
Topic: Traditional IRA Interfering with Backdoor Roth Converstion
Replies: 14
Views: 868

Re: Traditional IRA Interfering with Backdoor Roth Converstion

Yes. It's just something I noticed in your original post.
by crit
Tue Oct 23, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Holding period for TLH question [Tax Loss Harvesting]
Replies: 5
Views: 481

Re: Holding period for TLH question

No. You can sell as soon as you like. It's only the purchases that cause a problem.
by crit
Tue Oct 23, 2018 9:39 am
Forum: Personal Investments
Topic: Traditional IRA Interfering with Backdoor Roth Converstion
Replies: 14
Views: 868

Re: Traditional IRA Interfering with Backdoor Roth Converstion

Seems like she should use the regular 401k for contributions, not the Roth. Better to pay taxes at a lower rate later than your higher combined rate now.
by crit
Tue Oct 23, 2018 9:37 am
Forum: Personal Investments
Topic: Is TLH in 12% bracket less worthwhile?
Replies: 22
Views: 1902

Re: Is TLH in 12% bracket less worthwhile?

Can you also harvest some gains, and use the TLH to offset those gains, saving yourself capital gains tax later?
by crit
Tue Oct 23, 2018 9:35 am
Forum: Personal Investments
Topic: TLH - mutual fund partner trios?
Replies: 12
Views: 665

Re: TLH - mutual fund partner trios?

Since today looks like I'll end up TLHing again (two weeks after previous TLH), I've been looking through VG mutual funds. I already use VFWAX and VTIAX. As a third fund, I will likely use one of VTMGX, developed international, ER 0.07 VEUSX, EU funds, ER 0.1 VPADX, Pacific index, ER 0.1 I already u...
by crit
Tue Oct 23, 2018 9:26 am
Forum: Personal Investments
Topic: Cost basis shows all same price?!
Replies: 5
Views: 592

Re: Cost basis shows all same price?!

Final update, this was fixed on the day they said it would be (within a week of complaint), and a VG rep called me to confirm it.
by crit
Thu Oct 18, 2018 3:07 pm
Forum: Personal Investments
Topic: TLH - mutual fund partner trios?
Replies: 12
Views: 665

Re: TLH - mutual fund partner trios?

One could figure out how to wait until 30 days have passed, too. This is true, but because the market generally does rise, it's the first period after a purchase that offers the most likely chances for losses. S&P500 was down ~4% at times today, so. I'd work your Roth to allow you to swap into S&P ...
by crit
Thu Oct 18, 2018 12:52 pm
Forum: Personal Investments
Topic: TLH - mutual fund partner trios?
Replies: 12
Views: 665

Re: TLH - mutual fund partner trios?

Living Free wrote:
Thu Oct 18, 2018 12:42 pm
could consider the vanguard S&P 500 index fund for a US stock index
Because I have VFINX, the vanguard 500 index, in our Roth IRAs this would create a wash sale.
by crit
Thu Oct 18, 2018 12:28 pm
Forum: Personal Investments
Topic: TLH - mutual fund partner trios?
Replies: 12
Views: 665

TLH - mutual fund partner trios?

I have S&P 500 indices (VFINX) in our Roth IRA accounts. I have Total Stock Market (VTSAX) and large-cap (VLCAX) in our taxable. I TLHd last week from total market into large cap. What have you used for a third fund, if the current drops in VTSAX are sustained? (I used VVIAX previously, but without ...
by crit
Thu Oct 11, 2018 12:35 pm
Forum: Personal Investments
Topic: Cost basis shows all same price?!
Replies: 5
Views: 592

Re: Cost basis shows all same price?!

Updating after the inevitable phone call (which really wan't that bad, actually fine and competent, I just dread them): The VG rep said that the SpecID designation got broken basically in the upgrade between the old mutual fund account, and the brokerage account; that on his end (and mine) it says S...
by crit
Thu Oct 11, 2018 10:41 am
Forum: Personal Investments
Topic: Cost basis shows all same price?!
Replies: 5
Views: 592

Re: Cost basis shows all same price?!

It's been on SpecID since 2017. So far as I know. (Edit add: the data show, and I vaguely remember this, that it wasn't set to SpecID as of early 2017, error on my part. When I noticed that dividends had been reinvested -- those two small transactions in June and Sept 2017 -- I changed it to SpecID,...
by crit
Thu Oct 11, 2018 10:30 am
Forum: Personal Investments
Topic: Cost basis shows all same price?!
Replies: 5
Views: 592

Cost basis shows all same price?!

I have VLCAX (Vanguard Large Cap Admiral) in my taxable, and use SpecID. Right now my cost basis shows date acq #shares price 04/03/2017-----183.4860-----$61.11 .... $11,212.18 $11,818.33 — $606.16 $606.16 06/20/2017-----0.7750-----$61.11 .... $47.36 $49.92 — $2.56 $2.56 09/19/2017-----0.9370-----$6...
by crit
Wed Oct 10, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 101
Views: 5294

Re: About 3:53 Vanguard crashes

I did two sets of TLH transactions at about 3:30 ESt and had no problem.
by crit
Wed Oct 10, 2018 3:08 pm
Forum: Personal Investments
Topic: TLH FSGDX -> FZILX (or FTIPX) today?
Replies: 1
Views: 332

Re: TLH FSGDX -> FZILX (or FTIPX) today?

I've been thinking about your last question in recent weeks. I know some folks around here make regular taxable purchases, and/or rebalance only one a year and TLH then if it's possible, or only at major overhauls of portfolios but not outside that. My purchases tend to be lumpier due to how our inc...
by crit
Fri Sep 28, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: ISO taxes and AMT [Incentive Stock Option]
Replies: 25
Views: 2063

Re: ISO taxes and AMT

First, I'd use either last year's TurboTax or the IRS worksheets to determine whether you will owe the AMT at all. $330k joint.... my gut says you won't. If you go back in my own posting history, i had a similar question earlier this summer, and someone kindly pointed me towards the right worksheets.
by crit
Thu Sep 27, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 7080

Re: New Relationship - Best way to handle finances?

Don't cohabitate with anyone you have not, or cannot, mutually agree on how expenses will be shared.

This includes anyone from random monthly roommate to spouse.

It seems, from what you have chosen to tell us, that you may be carrying some gendered ideas that you should seek to lose.
by crit
Thu Aug 16, 2018 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Terminating an employee with company car
Replies: 62
Views: 6379

Re: Terminating an employee with company car

If he has no personal car, i would strongly consider giving him some uber credit or a rental for two weeks, in lieu of severance pay. You're leaving him in a real lurch - in addition to the loss of a paycheck, it will be difficult at best for him to replace transportation that quickly. That's what y...
by crit
Thu Aug 09, 2018 1:28 pm
Forum: Personal Investments
Topic: Portfolio Checkup (please tell me we're boring) (with an ISO question)
Replies: 4
Views: 622

Re: Portfolio Checkup (please tell me we're boring) (with an ISO question)

midweek bump for the portfolio eyeballs ... By filling out Form 6251, it appears** that we will owe ~$25k in additional AMT tax on the ~$120k 'bargain' of ISO exercise. To me this feels like we're just getting straight-up taxed on the (fictional!) gain. Is this because we're right on the AMT boundar...
by crit
Mon Aug 06, 2018 9:21 am
Forum: Personal Investments
Topic: Portfolio Checkup (please tell me we're boring) (with an ISO question)
Replies: 4
Views: 622

Re: Portfolio Checkup (please tell me we're boring) (with an ISO question)

Thanks for the direction. I'll be doing a lot of reading on ISOs! Should we be paying estimated taxes because of the ISO exercise? Our 2017 AGI was $320k. I am unsure about itemizing in 2018 -- our big deductions were mortgage interest + SALT (we have a 1% local tax as well as 3% state) but no kids,...
by crit
Sun Aug 05, 2018 4:20 pm
Forum: Personal Investments
Topic: Second Opinion(s) on Financial Situation Married Couple 55 years old.
Replies: 45
Views: 5230

Re: Second Opinion(s) on Financial Situation Married Couple 55 years old.

Most of your concerns are beyond the scope of my experience, but -- it's not clear to me why your VG advisor advised you to reduce your contributions to the 403b. I think that's worth some discussion here?