Search found 127 matches

by jtdavid
Wed Mar 18, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 472
Views: 44945

Re: Who's buying today? where's all the "dry powder" folks at? :)

I've been buying VTWAX every few days. Its been pretty a pretty remarkable month.
by jtdavid
Tue Mar 17, 2020 9:29 pm
Forum: Personal Investments
Topic: VG Total World Stock No Foreign Tax?
Replies: 8
Views: 496

Re: VG Total World Stock No Foreign Tax?

I knew I had read about this before....here's a pretty good related thread on the subject...

viewtopic.php?t=237427
by jtdavid
Tue Mar 17, 2020 8:10 pm
Forum: Personal Investments
Topic: VG Total World Stock No Foreign Tax?
Replies: 8
Views: 496

Re: VG Total World Stock No Foreign Tax?

Perhaps I should have said "less than 50% of the fund's income was foreign." Not assets. Apologies.
by jtdavid
Thu Mar 12, 2020 3:17 pm
Forum: Personal Investments
Topic: VG Total World Stock No Foreign Tax?
Replies: 8
Views: 496

Re: VG Total World Stock No Foreign Tax?

Due to the outperformance of US, Less than 50% of the funds assets are foreign. So the fund is not eligible for the foreign tax credit this year.
by jtdavid
Sun Mar 08, 2020 3:05 pm
Forum: Personal Investments
Topic: Anyone else considering moving their bonds to cash
Replies: 41
Views: 3271

Anyone else considering moving their bonds to cash

I have a full index portfolio. Given the anemic yields on government bonds, is anyone else considering exchanging their low-yielding bonds for cash/money market/CDs? And if not, is there a theoretical lower yield where you would consider doing so?
by jtdavid
Tue Mar 03, 2020 3:02 pm
Forum: Personal Investments
Topic: Share Your IPS
Replies: 22
Views: 1635

Re: Share Your IPS

LifeStrategy fund in IRAs.
Total World Stock Index in taxable.
by jtdavid
Tue Feb 25, 2020 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 235
Views: 25629

Re: My LenderFi refinance is going well

Update on my end. My loan was sold to Wells Fargo.
by jtdavid
Wed Feb 12, 2020 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to bridge-finance a home purchase?
Replies: 10
Views: 672

Re: How to bridge-finance a home purchase?

My family is ready to relocate from our current home, which is still on mortgage but if rented would easily be cash-flow positive. We've also got substantial investments such that we could purchase a new house with cash by selling about 1/3 of our taxable portfolio investments, but we'd rather not ...
by jtdavid
Tue Feb 04, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 235
Views: 25629

Re: My LenderFi refinance is going well

Based on this thread, I applied with LenderFi this morning. Here's what happened: I went through their website at about 9:30 this morning and input some basic information. Name, address, occupation, loan amount, property value, SS#. Their website generated quotes for several loan types (30/25/20/15...
by jtdavid
Thu Jan 23, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: Are interest rates ever going back up?
Replies: 98
Views: 7725

Re: Are interest rates ever going back up?

Rates in the US are about the highest anywhere in the developed world. Given the trend towards globalization, I personally feel like its more likely for our rates to go down towards where they are in the rest of the world, versus the rest of the world coming up to us. But I dunno.
by jtdavid
Mon Jan 20, 2020 6:08 pm
Forum: Personal Consumer Issues
Topic: Best Italian restaurant in Paris?
Replies: 12
Views: 1192

Re: Best Italian restaurant in Paris?

Bar Italia.

We are headed back to Paris this spring...when we last went to Paris a couple years ago the Italian places were some of our favorites.
by jtdavid
Sun Jan 19, 2020 11:46 am
Forum: Personal Consumer Issues
Topic: Switching from AT&T to Mint Mobile, any drawbacks?
Replies: 42
Views: 4007

Re: Switching from AT&T to Mint Mobile, any drawbacks?

We tried moving to Mint from AT&T...but the data was painfully slow...
by jtdavid
Fri Jan 17, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 235
Views: 25629

Re: My LenderFi refinance is going well

Based on this thread, I applied with LenderFi this morning. Here's what happened: I went through their website at about 9:30 this morning and input some basic information. Name, address, occupation, loan amount, property value, SS#. Their website generated quotes for several loan types (30/25/20/15 ...
by jtdavid
Thu Jan 09, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Retiring with under $1M
Replies: 44
Views: 5843

Re: Retiring with under $1M

I didn't see anything about your living expenses so its hard to answer. But you are better off than most. I would sell the crypto yesterday and payoff the mortgage with those proceeds and taxable. Think about simplifying the IRAs to a single LifeStrategy fund.
by jtdavid
Thu Dec 12, 2019 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Sell company stock and pay off home mortgage?
Replies: 46
Views: 2182

Re: Sell company stock and pay off home mortgage?

I would definitely sell the company stock in the 401k. Not only are you taking single stock risk, if that risk shows up and you have a loss, you can't even deduct it.
by jtdavid
Wed Dec 11, 2019 3:19 pm
Forum: Personal Investments
Topic: Inheritance in wife’s name or both spouses?
Replies: 78
Views: 6283

Re: Inheritance in wife’s name or both spouses?

The default advice is to keep inheritances separate. This is because doing so protects both the inheritor and the inheritor's children. Common situation goes something like this: My wife inherits $1M from her parents. We don't really need the money and are on track personally. The funds are commingl...
by jtdavid
Wed Nov 13, 2019 9:48 am
Forum: Personal Investments
Topic: Vanguard Estimated December 2019 Year End Distributions
Replies: 7
Views: 1384

Re: Vanguard Estimated December 2019 Year End Distributions

I think your chart is just showing realized capital gain distributions, not dividends.
by jtdavid
Mon Oct 07, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 34313

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

OP: congrats on one of the most tax-optimized budgets I've ever seen! To be able to save $50k/year and only spend $5k/year on income taxes and health insurance COMBINED is quite remarkable. Just a quick update since Covered California (our state health exchange) has posted information on insurance ...
by jtdavid
Mon Sep 30, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: How can I reduce tax exposure?
Replies: 14
Views: 1654

Re: How can I reduce tax exposure?

If you make any significant charitable donations, you would benefit from donating the appreciated tax-inefficient funds (wellington, wellesley, star) and rebuying tax efficient funds in taxable.
by jtdavid
Mon Sep 16, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 508
Views: 34313

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

OP: congrats on one of the most tax-optimized budgets I've ever seen! To be able to save $50k/year and only spend $5k/year on income taxes and health insurance COMBINED is quite remarkable. I can see why your employer elected to not offer employer-subsidized health insurance - just pay out higher sa...
by jtdavid
Sun Sep 01, 2019 5:52 pm
Forum: Personal Investments
Topic: Make my investments as "safe" as possible. Retiring 12/31/2019
Replies: 20
Views: 3318

Re: Make my investments as "safe" as possible. Retiring 12/31/2019

OP: you’ve mentioned taxes a few times. It looks to me like income taxes will be a very minor factor in your planned lifestyle going forward.
by jtdavid
Tue Aug 13, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: My mortgagor wants to sell a slice of the land. Thoughts?
Replies: 97
Views: 7056

Re: My mortgagor wants to sell a slice of the land. Thoughts?

Obviously, my contributions to this thread aren't going over well. I will discontinue posting on this subject. All I was saying is that in many situations, one can do boundary line adjustments and record a boundary line adjustment with the county without a title company being involved. If one trans...
by jtdavid
Thu Aug 08, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Negotiation Came to a Halt
Replies: 67
Views: 5741

Re: Real Estate Negotiation Came to a Halt

I would sit tight and keep looking for other properties. And I wouldn't be surprised if they reach back out to you in a couple weeks.
by jtdavid
Thu Jul 25, 2019 10:05 am
Forum: Personal Investments
Topic: Gold?
Replies: 137
Views: 8875

Re: Gold?

The historical total return figures obviously favor stocks and bonds. But simply quoting historical return figures isn't a convincing argument to me. Up to this point in history, I think most would agree asset class returns have generally been as follows: Stocks: 7% real Bonds: 3% real Gold 0.5% rea...
by jtdavid
Mon Jun 03, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: Any BMW 535i Owners Out There?
Replies: 12
Views: 1534

Re: Any BMW 535i Owners Out There?

I have owned many BMWs and currently drive one. I would only own one that is under warranty.
by jtdavid
Mon May 27, 2019 10:08 am
Forum: Personal Investments
Topic: Too many eggs in one basket?
Replies: 43
Views: 5166

Re: Too many eggs in one basket?

You are going to get a lot of responses concerned about single stock diversification...in my mind your situation is more of that of a small business owner making decisions about whether to reinvest your profits back into the business or take them out and invest elsewhere. The fact that you have 23 p...
by jtdavid
Mon May 20, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Big credit card charges coming up, should I sign up for a bonus card?
Replies: 19
Views: 1620

Re: Big credit card charges coming up, should I sign up for a bonus card?

Personally, I use Capital One Savor for dining purchases (4% cash back) and Alliant for everything else (2.5%).
by jtdavid
Sat Mar 23, 2019 8:26 am
Forum: Personal Investments
Topic: VTWAX - missing dividend reinvestment?
Replies: 10
Views: 1707

Re: VTWAX - missing dividend reinvestment?

"Payable date" is clearly listed as 3/25...its not 3/25 yet...
by jtdavid
Fri Mar 22, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do you treat inheritance as a singular or shared asset?
Replies: 113
Views: 6384

Re: Do you treat inheritance as a singular or shared asset?

Practically, in marriage, what would be the application of substantial separated assets, other than divorce protection? Let's say my parents leave me $1 million. Should I go buy a house and be like "this is my house only, not yours, honey"? Very real scenario: Husband inherits a lot of money. Funds...
by jtdavid
Sun Feb 17, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 36324

Re: [2018 tax return - How does it compare to previous years?]

Total household income up by about 1% from 2017 to 2018. Overall effective tax rate (excluding FICA) declined from 28.8% to 24.1%. This is despite running into the $10k SALT deduction limit.
by jtdavid
Wed Feb 06, 2019 11:58 am
Forum: Personal Investments
Topic: Year 4 Check-Up & Beginner Motivation
Replies: 7
Views: 948

Re: Year 4 Check-Up & Beginner Motivation

Can you not convert the Roth assets to Admiral shares?
by jtdavid
Fri Jan 25, 2019 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP limitation - purchase price or market price?
Replies: 4
Views: 339

Re: ESPP limitation - purchase price or market price?

I believe the answer is C. So if your employer offers you a 10% discount to the market price, you are allowed to contribute 90% of $25,000 or $22,500 towards the ESPP program. If the employer offers you a 15% discount to the market price, you are allowed to contribute 85% of $25,000 or $21,250.
by jtdavid
Thu Dec 13, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 24731

Re: What percentage of your net worth is your home equity?

The terms "portfolio value" and "net worth" are two different terms with two different definitions. It is unfortunate that the OP's thread got hijacked by those trying to redefine the term "net worth" to mean "portfolio value". And doing so with a holier-than-thou tone. Really gunked up the thread.
by jtdavid
Thu Nov 22, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Need A Chromebook Recommendation
Replies: 16
Views: 1731

Re: Need A Chromebook Recommendation

Asus c302ca. Purchased one about 18 months ago and liked it so much my wife made me purchase a second one for her. Has a nice resolution screen, touchscreen, and lighted keypad.
by jtdavid
Mon Nov 19, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard lowering Admiral level to $3,000?
Replies: 225
Views: 21988

Re: Vanguard lowering Admiral level to $3,000?

As a substantial holder and advocate of Lifestrategy funds for their simplicity and inherent behavioral advantages, for some reason this announcement is extra annoying to me. Maybe they will come out with Admiral shares of the all-in-one funds with a high-dollar minimum to compensate...for a company...
by jtdavid
Tue Nov 06, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Household statements
Replies: 15
Views: 1253

Re: Household statements

SEP is mutual fund only. The rest are brokerage. My wife and I each have a login. Neither one has access to the Household statements now.
by jtdavid
Tue Nov 06, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Household statements
Replies: 15
Views: 1253

Re: Household statements

Weird. I called them and the Flagship rep told me that their system is not currently supporting household statements and he did not know when they would be reactivated. If that is really the case I am surprised no one else here is having the same issue...I dunno...
by jtdavid
Mon Nov 05, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Household statements
Replies: 15
Views: 1253

Re: Household statements

To clarify, yes, I meant Vanguard. And I am able to access the individual account statements, just not the combined "household" statement.
by jtdavid
Mon Nov 05, 2018 4:26 pm
Forum: Investing - Theory, News & General
Topic: Household statements
Replies: 15
Views: 1253

Household statements

Anyone else not able to access any of their current or historical household statements since this weekend's website downtime?
by jtdavid
Tue Oct 23, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: 2019 Expenses > 2019 Income – Help us close the gap
Replies: 128
Views: 9231

Re: 2019 Expenses > 2019 Income – Help us close the gap

Use $10k from checking/savings to cover the shortfall. Problem solved.
by jtdavid
Tue Oct 16, 2018 3:40 pm
Forum: Personal Investments
Topic: International Fund Down - What to do?
Replies: 36
Views: 2552

Re: International Fund Down - What to do?

You could sell the fidelity fund, take the tax loss, and purchase the similar Vanguard international fund.
by jtdavid
Wed Jul 25, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 6051

Re: REITs - 20% Qualified Income Deduction

A further question I have on the REIT dividend deduction that I can’t get a clear answer on: Is the deduction subject to any sort of phase out at a certain income level? I believe there is a high income phase out. This is one of the better write ups (fairly early so there may have been better ones ...
by jtdavid
Wed Jul 25, 2018 2:39 pm
Forum: Personal Investments
Topic: 200k in savings....too much
Replies: 31
Views: 4237

Re: 200k in savings....too much

(1) Pay off the mortgage
(2) Formalize regular recurring investment plan, and start investing what used to be your mortgage payment
by jtdavid
Thu Jul 05, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 6051

Re: REITs - 20% Qualified Income Deduction

A further question I have on the REIT dividend deduction that I can’t get a clear answer on: Is the deduction subject to any sort of phase out at a certain income level?
by jtdavid
Fri Mar 16, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Requires Drivers License for EFile
Replies: 24
Views: 3929

Re: Turbotax Requires Drivers License for EFile

Thats weird, it was not required for me to efile...it gave me the option of inputting this information to "reduce identity theft", but I was able to click through without entering any info and still successfully efiled...
by jtdavid
Tue Jan 16, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: .
Replies: 100
Views: 10835

Re: Hot Water Delay at faucet/shower far from water heater

I have a 4,600 sf house that had the same issue in the master bathroom...a recirculating pump solves the problem....mine is way older than 7 years and has had absolutely no problems...I recently plugged it into a tp link smartplug which is set to power off from 11PM to 6AM...I think the electricity ...
by jtdavid
Sun Dec 24, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 10046

Re: Will you donate less to Charity?

I project substantial income tax savings with the new tax law and subsequently increased the amounts of several monthly recurring donations I have set up.
by jtdavid
Wed Dec 20, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Is there a reason to keep a Target Retirement Fund?
Replies: 17
Views: 2924

Re: Is there a reason to keep a Target Retirement Fund?

I believe for most people (including myself), the advantage of keeping a Target Retirement fund or LifeStrategy fund is that it prevents you from constantly tinkering with your asset allocation. Minimizing the tinkering behavior is worth a couple basis points.
by jtdavid
Sun Nov 19, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Budget Helps/Comments
Replies: 4
Views: 655

Re: 2018 Budget Helps/Comments

How about use cash to pay off mortgage. Then divert what you would have been paying for your monthly mortgage into taxable savings. No change in lifestyle needed!
by jtdavid
Thu Jun 22, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 9041

Re: Did I just get seriously ripped off?? (Car lease)

Usually BMW adjusts the residuals so that the monthly payment on a 3 year lease is cheaper than a 4 year. You might check that.