Search found 92 matches

by cmublitz
Tue Nov 26, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: 80% income in retirement?
Replies: 6
Views: 1170

Re: 80% income in retirement?

I think the above is correct that in reality expenses matter, not income. However, the 80% of pre-retirement income makes somewhat sense if you couple it with the other rule of thumb: save ~20% of your income for retirement with the implicit assumption that it is going into a pre-tax traditional 401...
by cmublitz
Thu Nov 14, 2019 9:45 am
Forum: Personal Investments
Topic: After tax 401k worth
Replies: 30
Views: 2091

Re: After tax 401k worth

Pickle11 is almost certainly referring to the tax-advantaged space after the normal ~$19K of employee contribution to fill the rest of the ~$56K of actual 401k limit.

I've never had an employer offer that as an option, so I can't say for certain, but I think it'd be worth maybe ~$2-4k to me or so.
by cmublitz
Tue Oct 22, 2019 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 13218

Re: Ok to go without health insurance?

Auto/ Umbrella should cover some of the costs? Maybe your coverage is vastly different from mine, but my Umbrella only covers liability of damage I caused to others, not the medical bills of the occupants of my own vehicle i.e. myself. I haven't looked recently, but I think my car insurance Vehicle...
by cmublitz
Tue Oct 22, 2019 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 13218

Re: Ok to go without health insurance?

I think I get it. Between whatever medical situations you can handle between you, your spouse, and colleagues (via professional courtesy?) that probably covers a ton of cases. You could also handle cases of long term issues or anything that can wait a couple days to 1 week because of your business a...
by cmublitz
Fri Oct 18, 2019 2:45 pm
Forum: Personal Consumer Issues
Topic: Why so many iPhones??? Why did you pick it? Why do you upgrade it?
Replies: 156
Views: 11337

Re: Why so many iPhones??? Why did you pick it? Why do you upgrade it?

Not full time, but I have played with one. Three main reasons: Longevity and OS updates. This could be achieved on Android by sticking with a Google Pixel, but it would be just as expensive as an iPhone. Security. This requires #1, but even once you achieve that, iPhone zero day exploits sell for c...
by cmublitz
Fri May 03, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Move to South Florida or Baltimore?
Replies: 29
Views: 3164

Re: Move to South Florida or Baltimore?

Can't comment on Miami, but if you're looking at Hopkins, I agree with friar1610. I think you would regret the Montgomery County house very quickly once you start doing that commute. Not only does I-95 get congested, but going from south Baltimore to Fells Point / Hopkins Main Campus can be a real b...
by cmublitz
Tue Jan 29, 2019 5:07 pm
Forum: Personal Consumer Issues
Topic: Help me diagnose a car issue
Replies: 29
Views: 2063

Re: Help me diagnose a car issue

Wow, this forum is mind-boggling! Thank you everyone for all the information and recommendations. I checked my local auto parts store and they only had aftermarket ATF, no Honda Genuine DW1. From Castrol I think. I did not purchase it. When I got home, I popped the hood to check the level of the flu...
by cmublitz
Tue Jan 29, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Help me diagnose a car issue
Replies: 29
Views: 2063

Re: Help me diagnose a car issue

My Honda owner's manual says to first change it at 120K miles (or 5 years) and then every 90K after that. Prior to recently, I had been a relatively low mileage driver <10K miles / year. So I fall back to roughly the time instead of distance intervals for some of the maintenance, mileage for some, a...
by cmublitz
Tue Jan 29, 2019 8:33 am
Forum: Personal Consumer Issues
Topic: Help me diagnose a car issue
Replies: 29
Views: 2063

Re: Help me diagnose a car issue

Thank you all for the replies. I now would not be at all surprised if it turns out to be the transmission fluid. Back in March, I went to a very reputable shop, recommended by a friend, with great reviews on Google, and inadvertently also great reviews on https://www.cartalk.com/mechanics-files ment...
by cmublitz
Tue Jan 29, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: Help me diagnose a car issue
Replies: 29
Views: 2063

Help me diagnose a car issue

I'm not a "car guy", but have an issue with my 180K mile 2005 Honda Accord v6 EX. I'm hoping to get an idea of the severity of the issue and possible causes. A few weeks ago, my car started sometimes making a slipping/rubbing sound when I am pushing on the accelerator, usually only lightly. I have a...
by cmublitz
Thu Jan 03, 2019 11:17 am
Forum: Personal Consumer Issues
Topic: Porting from a family plan to Google Fi
Replies: 29
Views: 1974

Re: Porting from a family plan to Google Fi

I'm the add-on for my family's plan, so $15 instead of $20 for calls. Here was what my portion of our last bill looked like in Maryland. Total $24.12 Last month's usage (for Nov 18 - Dec 18) Data Used 0.595 GB $5.96 Next month's charges (for Dec 18 - Jan 18) Calls & texts Calls, texts, 24/7 support ...
by cmublitz
Tue Dec 11, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Possibly dumb question about streaming services
Replies: 26
Views: 1936

Re: Possibly dumb question about streaming services

You could try something like: https://www.airtv.net/products/airtv/

You'd still need a roku at each tv, but I assume you've already resigned yourself to that.
by cmublitz
Tue Nov 13, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Upstairs Floor is No Longer Used....
Replies: 22
Views: 3043

Re: Upstairs Floor is No Longer Used....

We had a situation in our old house where the thermostat was in a hallway, and didn't do a good job of setting the temperature in our bedroom. So, a different situation, but our solution might work for you. We used a "mobile" thermostat, which is more convenient and less expensive than having a wir...
by cmublitz
Fri Nov 09, 2018 8:03 am
Forum: Personal Investments
Topic: Convinced wife to invest but wants her own accounts
Replies: 22
Views: 3645

Re: Convinced wife to invest but wants her own accounts

You should at least be aware of what she is buying so you don't inadvertently cause a wash sale between your taxable accounts and her accounts. The IRS would view you as a single married unit in that regard, even if your accounts are individually managed.
by cmublitz
Fri Nov 09, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: What to do with two HSAs?
Replies: 6
Views: 812

Re: What to do with two HSAs?

they can all be rolled into one. https://www.whitecoatinvestor.com/the-best-health-savings-account/ I am not a lawyer and will delete my response if wrong, but I haven't seen that this was possible. I was operating under the assumption that HSAs are an extension of the IRA tax code and as such are ...
by cmublitz
Thu Sep 27, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Switching to FIOS, frozen credit, thaw required?
Replies: 8
Views: 879

Re: Switching to FIOS, frozen credit, thaw required?

I have always filed the request first and then let the company send me a letter saying they couldn't process my request because they couldn't access my credit at XYZ credit bureau. Once I have the name of the credit bureau they use, I thaw it, call the number given on the letter and they do the cre...
by cmublitz
Wed Sep 12, 2018 11:02 am
Forum: Personal Consumer Issues
Topic: Utility usage way up
Replies: 45
Views: 2951

Re: Utility usage way up

Not your issue, but a "friend of a friend" had an anecdote that their electric bill shot way up one month, like $200 -> $1200. It turned out the house had a driveway heater for melting snow that they didn't know about. They discovered it after the huge bill. I assume it looked like a normal switch t...
by cmublitz
Wed Sep 12, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]
Replies: 45
Views: 5130

Re: [A Boglehead explains the simplest way to manage your money - alternative viewpoint]

Tax Loss Harvesting has the effect of fragmenting an otherwise "clean" 3 fund portfolio. I am now "stuck" holding both VTSAX (Vanguard Total Stock Market) and VFIAX (Vanguard 500 Index) because of that choice to realize short term losses. Simplicity became the victim in pursuit of reducing taxes yea...
by cmublitz
Mon Jun 04, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: How gameable is the FAFSA for the early retiree?
Replies: 24
Views: 3266

Re: How gameable is the FAFSA for the early retiree?

According to https://www.edvisors.com/fafsa/eligibility/simplified-needs-test/ the parents would additionally need to have an AGI less than $50,000 which is lower than the $100,000 limit on the 1040A. Presumably, one could do whatever stock sales they were planning before entering the college-paying...
by cmublitz
Tue Apr 10, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 37
Views: 5606

Re: Maryland 529 College Investment Plans

You may also be interested in the $250/year/account matching funds MD makes available: https://maryland529.com/MDMatch250. I was wondering about that too. At the bottom of the page, the fine print says: *State Contributions are not guaranteed. The State funding for contributions is limited to (i) $...
by cmublitz
Mon Apr 09, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 37
Views: 5606

Re: Maryland 529 College Investment Plans

For what it is worth: http://lkbenson.com/blog/change-in-maryland-529-plan-rules referencing http://mgaleg.maryland.gov/2016RS/bills/hb/hb0335t.pdf claims the same as invstar does - that you can use one account instead of one per spouse and still get the full $5000 deduction per child from MD taxes ...
by cmublitz
Mon Mar 12, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: HSA custodian - Further
Replies: 3
Views: 605

Re: HSA custodian - Further

Thank you JamesSFO. With that information, I was able to locate http://www.imctr.com/uploadedFiles/Home/Public_Carrier_Pages/Carrier_News/2018/Member%20Communication%20%E2%80%93%20CareFirst%E2%80%99s%20New%20Partnership%20with%20Further%20SM%20for%20Health.pdf which confirms the rename from "Select ...
by cmublitz
Fri Mar 09, 2018 6:29 pm
Forum: Personal Consumer Issues
Topic: HSA custodian - Further
Replies: 3
Views: 605

HSA custodian - Further

Hey Everyone, I recently found out my company is switching HSA custodian from BenefitWallet to Further. Has anyone heard of this company? I'm having trouble even finding their website. It doesn't help that it is a relatively common English word so there are a bunch of erroneous results from Google. ...
by cmublitz
Tue Sep 12, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Have you opened a 2nd "Inquiry Only" Vanguard account?
Replies: 6
Views: 1869

Have you opened a 2nd "Inquiry Only" Vanguard account?

Can you open a 2nd Vanguard account for the purposes of linking it as "Inquiry Only" to your real Vanguard account? I would estimate that 95%+ of the time I log in to Vanguard is to only check balances and would prefer the safety of using a read-only type of access. This would also possibly permit a...
by cmublitz
Wed Aug 16, 2017 9:07 am
Forum: Personal Investments
Topic: Is there anything I need to know before investing in an HSA?
Replies: 4
Views: 654

Re: Is there anything I need to know before investing in an HSA?

My HSA had a relatively high flat monthly fee for having the investment account open. It made it so that it only made sense to invest with ~$6K+ in the HSA. There was no additional fee for only using the base account that provides checking account level interest. Your company's HSA provider might be...
by cmublitz
Mon Jul 31, 2017 11:56 am
Forum: Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 189
Views: 41940

Re: $13 Million Goal for Early Retirement (am I crazy?)

I agree, that is an impressive increase!

Also, I didn't see if anyone else mentioned this, but you're holding VTSAX in both taxable and your IRA. Doesn't this make it more difficult to tax loss harvest without running into a wash sale?
by cmublitz
Tue Jun 13, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 6515

Re: Roth 401k > Traditional 401k

I believe the employer 401K contributions are always pre-tax traditional, even if your employee side is Roth. The 401K employee contribution limit is $18K, or less if you are a HCE. The 401K limit is regardless of traditional or Roth. The $5500 IRA contribution limit does not impact the 401K contrib...
by cmublitz
Fri Jun 02, 2017 12:41 pm
Forum: Personal Investments
Topic: HSA required baseline cash balance
Replies: 3
Views: 695

Re: HSA required baseline cash balance

I believe it is fairly common. My HSA cash minimum is $1k. The fees for opening the investing portion above the cash minimum make it prohibitively expensive to invest amounts barely over that threshold.

Some HSA brokers do not have a cash minimum and some just charge more for not meeting it.
by cmublitz
Thu Apr 13, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 61684

Re: USAA 2.5% Cash Back Credit Card

First of all, you're unlikely to be able to convert an American Express to a Visa. I called and made this request in converting my current USAA Visa (that used to be a USAA Mastercard) to this new 2.5% Visa, and the representative I spoke said explicitly that they used to allow that, but stopped so...
by cmublitz
Thu Apr 13, 2017 8:06 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 61684

Re: USAA 2.5% Cash Back Credit Card

I already have a USAA Cashback Rewards AmEx. Can I get them to just convert that to the new 2.5% card? I already meet the direct deposit and geographical requirements. We tried to do that and the USAA representative said they couldn't. Maybe I didn't speak the right magic words, but we ended up hav...
by cmublitz
Tue Feb 28, 2017 11:04 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 61684

Re: USAA 2.5% Cash Back Credit Card

https://mobile.usaa.com/inet/wc/credit_card_limitless_cashback_rewards_terms?akredirect=true What is a Qualifying Direct Deposit? A Qualifying Direct Deposit is a single electronic transfer of at least $1,000 into your USAA checking account that you initiate with your employer, a government entity,...
by cmublitz
Tue Oct 18, 2016 7:32 am
Forum: Personal Investments
Topic: Gap year of employment - how can I benefit?
Replies: 26
Views: 3795

Re: Gap year of employment - how can I benefit?

Did you already do a Roth IRA contribution for $4K (or whatever amount you earned)? Would the Saver's Credit apply?
by cmublitz
Thu Sep 29, 2016 3:00 pm
Forum: Investing - Theory, News & General
Topic: why not just buy BRK
Replies: 91
Views: 11520

Re: why not just buy BRK

Does the under-performance hold true in taxable accounts as well? I'm operating under the assumption that BRK has very low turn over of their holdings (since Buffett is the classic buy and hold forever guy) and doesn't have any dividend tax drag.
by cmublitz
Mon Sep 26, 2016 1:11 pm
Forum: Personal Investments
Topic: HSA investment options
Replies: 2
Views: 473

Re: HSA investment options

+1 to bobby's reply. How much of your total Asset mix does the HSA represent? It is ~1% for me, so it isn't really on my radar. I just went with NAESX Vanguard Small Cap to not have to worry about the account when I want to TLH in my taxable account. Also, I made the mistake of opening the SaveDaily...
by cmublitz
Mon Sep 19, 2016 2:47 pm
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 9006

Re: The states we won't buy munis from, update

Please forgive my ignorance, but can you shed some light on what factors are weighed for those judgements? For example, doesn't Maryland still have a AAA credit rating, albeit with a very high debt load? What factors in more? Debt levels, pension funding levels, income stability, likelihood of regi...
by cmublitz
Mon Sep 19, 2016 10:23 am
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 9006

Re: The states we won't buy munis from, update

Please forgive my ignorance, but can you shed some light on what factors are weighed for those judgements? For example, doesn't Maryland still have a AAA credit rating, albeit with a very high debt load? What factors in more? Debt levels, pension funding levels, income stability, likelihood of regio...
by cmublitz
Mon Sep 19, 2016 7:13 am
Forum: Personal Investments
Topic: Where's the error in my 401k plan?
Replies: 10
Views: 1363

Re: Where's the error in my 401k plan?

When did you cap out your $18K employee side of the 401k? Some companies stop "matching" when there isn't any more employee side contribution. Some "true up" at the end of the year and some don't. Maybe you were done contributing some time in July, so the employer-side match stopped too?
by cmublitz
Thu Mar 24, 2016 6:32 am
Forum: Investing - Theory, News & General
Topic: Hypothetical: How would you invest for growth if you couldn't invest in any stock market
Replies: 24
Views: 2712

Re: Hypothetical: How would you invest for growth if you couldn't invest in any stock market

So you're asking about the preferred order and risk/reward of real estate, high yield bonds, precious metals/commodities, p2p loans, direct business investments, etc?
by cmublitz
Thu Mar 24, 2016 6:25 am
Forum: Personal Investments
Topic: I generally invest in Roth accounts, but should I invest in a Traditional IRA?
Replies: 57
Views: 4456

Re: I generally invest in Roth accounts, but should I invest in a Traditional IRA?

Right, you wouldn't deduct your Traditional IRA contribution and then immediately convert it to Roth IRA, since you could have just contributed to the Roth IRA directly anyway. The options that make sense are: Traditional IRA for the deduction Contribute directly to the Roth IRA Perform the "backdoo...
by cmublitz
Tue Mar 08, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: backdoor roth ira: $50 needs to be remained in tIRA? [Fidelity]
Replies: 9
Views: 1020

Re: backdoor roth ira: $50 needs to be remained in tIRA? [Fidelity]

+1 to harikaried

I do my Roth IRA conversions at Fidelity and so I have a $0 tIRA that has remained open for ~4 years, occasionally getting a couple grand in it for a few days.
by cmublitz
Fri Mar 04, 2016 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella policies?
Replies: 33
Views: 4079

Re: Umbrella policies?

What was the payout, and how much of that was actual damages? ie how much of it was pain and suffering compensation vs actual medical and property damage bills Curious about this too since umbrella payout seems to be considered such a rare event. Did they go after any asset $ beyond the insurance l...
by cmublitz
Fri Feb 05, 2016 6:44 pm
Forum: Personal Investments
Topic: Started new job - what to do with my old 401k?
Replies: 6
Views: 830

Re: Started new job - what to do with my old 401k?

I kept my 401K at my old employer for 2 reasons:
  1. I believe they only deposited the employer match to enrolled participants, once in March.
  2. It needed to remain as 401K money rather than IRA to permit clean Backdoor Roth contributions.
by cmublitz
Thu Feb 04, 2016 6:26 am
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 18603

Re: How to get a 200k+/year job?

Law degree + your engineering background => patent law in your field of expertise. Not sure if it is 200K+, but I wouldn't be surprised. Middle management and senior systems engineers at computer tech firms probably do too. Software engineers/programmers in Silicon Valley probably make that. I would...
by cmublitz
Wed Feb 03, 2016 8:28 am
Forum: Personal Finance (Not Investing)
Topic: What growth rate would you use?
Replies: 75
Views: 6559

Re: What growth rate would you use?

90/10 with 6% growth and 3% inflation assumptions, so 3% real.
by cmublitz
Thu Jan 21, 2016 6:17 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Accredited Investor REIT
Replies: 26
Views: 5558

Re: Fundrise - Accredited Investor REIT

Oh wow, I hadn't seen that news because I'm not all that interested in REIT tilting. Those are pretty heavy warnings. Hopefully they will be enough to waive him off in this case.
by cmublitz
Thu Jan 21, 2016 5:38 pm
Forum: Investing - Theory, News & General
Topic: Fundrise - Accredited Investor REIT
Replies: 26
Views: 5558

Fundrise - Accredited Investor REIT

Hey Bogleheads, One of my friends is getting mailings from and is seriously considering https://fundrise.com/reits/fundrise-ereit/view . My default obviously would be to just invest in VGSLX - Vanguard REIT Index Fund if you want REIT exposure, but he likes their approach. From spending a few minute...
by cmublitz
Fri Jan 15, 2016 6:57 am
Forum: Personal Finance (Not Investing)
Topic: What's your company 401k contribution
Replies: 105
Views: 8688

Re: What's your company 401k contribution

Ascensus/Vanguard, 6% match, great fund lineup, no pension.
by cmublitz
Mon Jan 11, 2016 1:06 pm
Forum: Personal Investments
Topic: Confused about TLH
Replies: 4
Views: 451

Re: Confused about TLH

It has to be a loss relative to when you purchased. Say you bought at $10 / share, it goes up to $20 / share, then down to $8 / share. You could TLH the $2 / share difference between purchase price and the current valuation. The $20 / share intermediate price is irrelevant. That is why you often onl...
by cmublitz
Fri Jan 08, 2016 11:56 am
Forum: Personal Investments
Topic: Backdoor Roth mistake, how to rectify?
Replies: 3
Views: 339

Re: Backdoor Roth mistake, how to rectify?

I don't think this matters much. Say the fund does go up $50 while you transfer it. Not that big a deal to pay the taxes on the $50 gain. And if you did this recently, more than likely you'll have losses anyway.
by cmublitz
Thu Jan 07, 2016 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Reaching Qualified Dividend Status vs TLH Opportunities
Replies: 1
Views: 268

Reaching Qualified Dividend Status vs TLH Opportunities

Hey Bogleheads, Anyone else in this situation? I had the following happen TLH'd on 12/14/2015 (YAY!) Received dividend distributions on 12/18/2015 from those shares (BOO!) Today I'm back in the red on those shares (BOOOOOOOOO! HISSSSSSSSSS!) To get dividends as qualified as they can, I need to hold ...