Search found 3202 matches

by simplesimon
Fri Feb 15, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: REITs - 20% Qualified Income Deduction
Replies: 70
Views: 5180

Re: Indiv. REITs in taxable because of new tax law? Aargh!

blueman457 wrote:
Fri Feb 15, 2019 8:35 am
Does that mean I should move REITs into taxable? Or that I should feel ok moving it into taxable if I run out of tax advantaged space.

Blue Man
I would like to know this as well.
by simplesimon
Wed Jan 30, 2019 1:21 pm
Forum: Investing - Theory, News & General
Topic: Why do companies rarely issue new stock?
Replies: 45
Views: 2877

Re: Why do companies rarely issue new stock?

What kind of companies are you looking at? Just the largest firms in the world? The cost of equity is much higher than the cost of debt for these A+ rated firms. Tesla will need an equity infusion at some point since they're tapped out on leverage...it's only a matter of time. Look at small publicly...
by simplesimon
Tue Jan 29, 2019 6:01 pm
Forum: Personal Investments
Topic: Buy and hold from TRPrice
Replies: 3
Views: 309

Re: Buy and hold from TRPrice

Buy and hold is critical to long term success but so are low fees. I could not recommend TRP to anybody due to their emphasis on active management. I feel like they kind of lost their way (and market share) over the past 10 years.
by simplesimon
Tue Jan 29, 2019 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Any long-term disability independent agent recommendations?
Replies: 3
Views: 245

Re: Any long-term disability independent agent recommendations?

+1 Brudude is indeed very knowledgeable.

I am not a medical professional but since I learned almost everything I know about disability insurance from WCI, I asked one of his insurance agent sponsors if he'd sell me a policy and it went without a hitch.
by simplesimon
Tue Jan 29, 2019 5:33 pm
Forum: Investing - Theory, News & General
Topic: WSJ Letter on Indexing and Bogleheads
Replies: 46
Views: 4596

Re: WSJ Letter on Indexing and Bogleheads

I'm curious to here how much value people on this forum actually get from that publication. I stopped paying for it when I completely moved to indexing -- didn't see any reason to continue. I think it's a great newspaper, with top notch investigative reporting, informed articles about the economy, ...
by simplesimon
Tue Jan 29, 2019 3:20 pm
Forum: Investing - Theory, News & General
Topic: WSJ Letter on Indexing and Bogleheads
Replies: 46
Views: 4596

Re: WSJ Letter on Indexing and Bogleheads

For those without access to the WSJ : Burton Malkiel details some of “The Secrets of Jack Bogle’s Investment Success” (op-ed, Jan. 18). There are others. Funds like Vanguard’s flagship S&P 500 index fund don’t research their investments. It doesn’t evaluate a company’s balance sheet, the developmen...
by simplesimon
Tue Jan 29, 2019 8:41 am
Forum: Investing - Theory, News & General
Topic: An emergency fund cautionary tale
Replies: 89
Views: 10399

Re: An emergency fund cautionary tale

Everybody's situation is different. Have as big of an emergency fund that will allow you to stick to your long term plan.
by simplesimon
Mon Jan 28, 2019 2:46 pm
Forum: Personal Investments
Topic: Any reason to keep REITs in Roth IRA?
Replies: 4
Views: 447

Re: Any reason to keep REITs in Roth IRA?

This is a question about investing in REITs, not about placement of REITs in Roth IRA vs. a taxable account, correct? I overweight REITs (10% of my equity holdings) based on something I read many years ago in Larry Swedroe's book about alternative investments. I was convinced in the diversification ...
by simplesimon
Mon Jan 28, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Money Troubles: Need advice to start over from a hole.
Replies: 37
Views: 3008

Re: Money Troubles: Need advice to start over from a hole.

Is the credit card debt trending upwards? If it's been declining over time, he's doing a good job and needs to take a longer-term focus. The debt will eventually be paid off. How much is he paying for a car and for parking in NYC? I assume having the car essential, maybe for his job and to visit his...
by simplesimon
Mon Jan 28, 2019 9:38 am
Forum: US Chapters
Topic: How Did You End Up Here?
Replies: 58
Views: 3648

Re: How Did You End Up Here?

I had just graduated college and was trying to learn what to do with the 401K plan at work. I had a biology degree and thought that my business school friends would know more about it...nope. Did a ton of googling and dug up a bunch of CNN Money articles where there were a few mentions of Vanguard a...
by simplesimon
Mon Jan 28, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Is a 20% pay raise at a new job ever not worth taking?
Replies: 24
Views: 2887

Re: Is a 20% pay raise at a new job ever not worth taking?

Any interest in having a more active social life?

You'll be able to rent for less than $21k/year in the city if you get roommates.
by simplesimon
Sat Jan 26, 2019 11:56 am
Forum: Personal Investments
Topic: I was planning to TLH harvest, but then...
Replies: 18
Views: 786

Re: I was planning to TLH harvest, but then...

livesoft wrote:
Sat Jan 26, 2019 11:48 am
No, not worth it. Unfortunately, you misunderstood that dividend reinvestment is a hindrance to tax-loss harvesting. It is not.
Perhaps I am misunderstanding, but the BH Wiki says something to the effect of dividends possibly triggering a wash sale. Can you elaborate?
by simplesimon
Sat Jan 26, 2019 11:45 am
Forum: Personal Investments
Topic: I was planning to TLH harvest, but then...
Replies: 18
Views: 786

Re: I was planning to TLH harvest, but then...

Whether it's worth doing is up to you, but I set all my dividends to buy into my bond fund upon distribution to avoid being trapped in this window.
by simplesimon
Sat Jan 26, 2019 11:38 am
Forum: Investing - Theory, News & General
Topic: Argument against equity in early stage?
Replies: 75
Views: 3472

Re: Argument against equity in early stage?

I know a few people here have read Jim Otar's "Unveiling the Retirement Myth" with respect to drawdown strategies but something he recommends for the accumulation phase is the concept of the "seed formation stage", which is to be pretty conservative with your asset allocation (30/70) until you've sa...
by simplesimon
Fri Jan 25, 2019 11:11 pm
Forum: Investing - Theory, News & General
Topic: Yield difference between total bond and MMF less than 1%
Replies: 94
Views: 6528

Re: Yield difference between total bond and MMF less than 1%

Great thread. I am "new" to investing in a bond fund as I've been considering it to get a balanced portfolio. However, I am still learning about them. I too wondered about why not just putting my "bond allocation" into the Prime MM at 2.47% as there is practically no risk. I realize that if the fed...
by simplesimon
Fri Jan 25, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice coming out of bad situation
Replies: 49
Views: 3987

Re: Need advice coming out of bad situation

What does your monthly expenses and cash flow look like? Paycheck: $4700 after max 401k deduction & insurance. $5250 if I only put 10% in 401k, as I do now. Phone, Gym, Spotify - $165 Rent & Utilities - $1800 Food & Misc - $300 Student Loan - $790 Credit Cards - $250 Monthly Savings = $1395 if maxi...
by simplesimon
Fri Jan 25, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice coming out of bad situation
Replies: 49
Views: 3987

Re: Need advice coming out of bad situation

What does your monthly expenses and cash flow look like?
by simplesimon
Thu Jan 17, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house in the Bay area or give up?
Replies: 94
Views: 7346

Re: Should I buy a house in the Bay area or give up?

Give up until you have another person's salary to help buy the house. That is, get married to someon who works or have working roommates so you can charge rent. Agreed. I would give up if I was not getting any outside help. You're likely much better off renting and saving/investing the difference. ...
by simplesimon
Sat Jan 12, 2019 10:30 am
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7444

Re: Engagement Ring (Affordable)

Another vote for labratory diamonds. They are just as real (i.e., contain carbon, with fewer imperfections and equal or greater compression) as carbon compressed under the earth. They are more environmentally sustainable. Why dig something out of the earth when the same thing can be made for less m...
by simplesimon
Thu Jan 10, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7444

Re: Engagement Ring (Affordable)

Telling people how to spend their hard-earned money. Seriously out of touch. Poor diamond miners have to feed their families too. Helping people see through decades of advertising that has been very effective at almost brainwashing a population = priceless. They only want to spend their hard-earned...
by simplesimon
Sat Jan 05, 2019 9:50 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7444

Re: Engagement Ring (Affordable)

I'm the opposite in this case. I think it's cooler that something came from the ground than manufactured in the lab. It is interesting to see the kind of debate the engagement ring topic creates vs any other luxury good or service posted about on Bogleheads. Diamond engagement rings and white weddi...
by simplesimon
Sat Jan 05, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7444

Re: Engagement Ring (Affordable)

Another vote for labratory diamonds. They are just as real (i.e., contain carbon, with fewer imperfections and equal or greater compression) as carbon compressed under the earth. They are more environmentally sustainable. Why dig something out of the earth when the same thing can be made for less m...
by simplesimon
Fri Jan 04, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7444

Re: Engagement Ring (Affordable)

BoggledHead2 wrote:
Thu Jan 03, 2019 1:52 pm
10K in my area is “average”

I’m trying to spend half that if possible
$5k will still get you a great albeit smaller diamond. I stand by my recommendation to check out the Pricescope forum and shopping a vendor like WhiteFlash (I'm not affiliated with them).
by simplesimon
Thu Jan 03, 2019 1:43 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring (Affordable)
Replies: 138
Views: 7444

Re: Engagement Ring (Affordable)

I'm guessing your girlfriend wants a nice piece of jewelry if your budget is $10k.

I had a great experience with WhiteFlash and believe they (and other similar vendors recommended on Pricescope) offer the best value assuming you're looking for a round or princess cut.
by simplesimon
Wed Jan 02, 2019 5:54 pm
Forum: Personal Investments
Topic: CPA suggesting I don't contribute max to 401k this year?
Replies: 38
Views: 5308

Re: CPA suggesting I don't contribute max to 401k this year?

It's possible that at a very high savings rate and low spend rate you'll have so many assets in pre-tax accounts that RMDs push you into a higher tax bracket when you reach that age. You could decide to save at this rate for 10 years and live like Mr. Money Mustache and in that case you'll probably ...
by simplesimon
Tue Jan 01, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Looking for advice on Long Term Disability insurance for a Handyman
Replies: 5
Views: 334

Re: Looking for advice on Long Term Disability insurance for a Handyman

You will need to buy a policy from an agent, and there are a couple good ones that might provide replies here. There are some nuances to disability insurance that you should be aware of and I usually recommend WCI's series on the topic: https://www.whitecoatinvestor.com/personal-finance/insurance-mo...
by simplesimon
Mon Dec 24, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase: how to effectively trade off location & price? (Boston area)
Replies: 57
Views: 2801

Re: Home purchase: how to effectively trade off location & price? (Boston area)

My wife and I will be doing a similar home search in the next year or two, although we are looking a little bit more south along 128/95 (Dedham, Westwood, Norwood, Canton) as I commute into Boston by train and am trying to limit door-to-door time to ~60 minutes. I do look at how prices have apprecia...
by simplesimon
Fri Dec 21, 2018 2:17 pm
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10169

Re: I feel cheated, saved too much in 401K vs cash.

I had a friend who invested in a Brownstone in 2003 with 50K down and 300K borrowed she sold her brownstone in Bed Stuy in 2016 for 1.5 million. She was not convinced that my years in the stock market 1987 to present with high value $1,592,000 this August 27,2018 that it was worth her time. She did...
by simplesimon
Thu Dec 20, 2018 8:24 am
Forum: Personal Investments
Topic: FAANG
Replies: 48
Views: 3730

Re: FAANG

Valuethinker wrote:
Thu Dec 20, 2018 8:04 am
You don't have to be a bad company to wind up with a big fall in share price.
+1. There is significant reliance on future growth in the present value of these firms. Even slight downward adjustments in these assumptions have a huge impact on the PV. Run the numbers for yourselves and see.
by simplesimon
Thu Dec 20, 2018 8:08 am
Forum: Investing - Theory, News & General
Topic: I feel cheated, saved too much in 401K vs cash.
Replies: 74
Views: 10169

Re: I feel cheated, saved too much in 401K vs cash.

I had a friend who invested in a Brownstone in 2003 with 50K down and 300K borrowed she sold her brownstone in Bed Stuy in 2016 for 1.5 million. She was not convinced that my years in the stock market 1987 to present with high value $1,592,000 this August 27,2018 that it was worth her time. She did...
by simplesimon
Mon Dec 03, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement logistics (help with timing)
Replies: 5
Views: 729

Retirement logistics (help with timing)

I help out my parents with their retirement planning as their English isn't great. I have some questions that maybe someone would be able to answer with with regards to timing. Some background info: My parents want to retire in December of 2019. My father will be 68 in December 2019 and has been wit...
by simplesimon
Fri Nov 23, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Is this considered capital gains or income?
Replies: 27
Views: 2218

Re: Is this considered capital gains or income?

I would have a lot of questions if you brought this to me. Was it a loan or an investment with an ownership interest? What is the legal structure of the business? Is he buying you out or is this a distribution of earnings? Assuming you acquired an ownership interest, and that he is now buying you o...
by simplesimon
Fri Nov 23, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Is this considered capital gains or income?
Replies: 27
Views: 2218

Re: Is this considered capital gains or income?

I think this requires more info. Are you legally a stakeholder in the business and are selling your shares or are you receiving a dividend? Was your investment a gift and he's gifting you back with a very generous ROI?

A couple posters above beat me to it!
by simplesimon
Thu Nov 15, 2018 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassing simple calculation question
Replies: 16
Views: 1205

Re: Embarrassing simple calculation question

greenback wrote:
Thu Nov 15, 2018 12:19 pm
This is still off by $2.99 but i'm attributing that to my rounding.
Not a rounding error.
by simplesimon
Thu Nov 15, 2018 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassing simple calculation question
Replies: 16
Views: 1205

Re: Embarrassing simple calculation question

rasta wrote:
Thu Nov 15, 2018 1:00 pm
ignore the investment rate, it is a complex formula that really makes no sense.

you are earning 68.55 for 54 days. (not 56 as some are using)

daily interest is 1.269

1.269 x 365 = 463.19

463.19/20k = .0232
Why only 54 days? This makes the math work on my end.
by simplesimon
Thu Nov 15, 2018 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassing simple calculation question
Replies: 16
Views: 1205

Re: Embarrassing simple calculation question

I'm getting something close to 2.24%, so I would also like to know.
by simplesimon
Tue Nov 13, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29823

Re: [Financial] Habits of the Rich

I would have to debate calling most people here rich. To me, rich is at the level when you are well past the FIRE stage (Financial Independence, Early Retirement). Of course, you can eventually become rich, but most people here would not qualify. I would say that you are rich if your assets are pro...
by simplesimon
Tue Nov 13, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing New Home - Down Payment 20 or 25%??
Replies: 19
Views: 1186

Re: Purchasing New Home - Down Payment 20 or 25%??

We're set to close on a new home in a HCOL area in the next month or so. The house price is ~$655k, and we are considering putting down either 20 or 25 percent. In addition to the mortgage and taxes, we'll have an HOA payment of $200/month. Some Details I'm in late 30s; SO in early 30s Current Inco...
by simplesimon
Mon Nov 12, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Paying life insurance for parents
Replies: 13
Views: 1333

Re: Paying life insurance for parents

Her social security would step up after he passes. Does the pension have a survivor benefit?
by simplesimon
Tue Nov 06, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7666

Re: Never thought of living in Bay Area but just got a call from Tesla

Are you single or have kids? If not, what do you have to lose? What do you do after 5:40pm?
by simplesimon
Fri Nov 02, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Thoughts on the New Macbook Air?
Replies: 70
Views: 4183

Re: Thoughts on the New Macbook Air?

I, too, have a 2010 MBP and upgraded the RAM to 8gb a couple of years ago. I'm thinking about upgrading the RAM again to 16gb, adding a SSD, and replacing the battery. How easy is it to switch the HD to SSD and swapping the battery? The Amazon reviews for batteries don't look too promising. Anybody ...
by simplesimon
Fri Nov 02, 2018 2:45 pm
Forum: Personal Consumer Issues
Topic: Weight Training After 70
Replies: 33
Views: 2449

Re: Weight Training After 70

In your 70s or 80s are you as interested in "gains" or maintaining fitness and flexibility? These aren't mutually exclusive. All of our bodies are in decline...you need to gain to help maintain. I'm likely missing something. I ran 3 miles this morning. Tomorrow I must run 4 or I don't gain? I walk ...
by simplesimon
Fri Nov 02, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Weight Training After 70
Replies: 33
Views: 2449

Re: Weight Training After 70

bloom2708 wrote:
Fri Nov 02, 2018 2:09 pm
In your 70s or 80s are you as interested in "gains" or maintaining fitness and flexibility?
These aren't mutually exclusive. All of our bodies are in decline...you need to gain to help maintain.
by simplesimon
Fri Nov 02, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11402

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

The reason renting is often a problem in HCOl area (ex NY) is because rent increases significantly year/year. It makes it hard to get ahead. For example our apartment went from $4,250 to $4,600 in one year. The other issue is that because rent is so expensive, it makes it harder to accumulate wealt...
by simplesimon
Fri Nov 02, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Weight Training After 70
Replies: 33
Views: 2449

Re: Weight Training After 70

I'd recommend a post at https://forum.barbellmedicine.com/forums The site is run by two doctors who are also strength coaches. The rehab section is run by two people who have a lot of training and experience. All four are very cognizant of the latest research. I used to recommend the Starting Stren...
by simplesimon
Fri Nov 02, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Weight Training After 70
Replies: 33
Views: 2449

Re: Weight Training After 70

The better approach is to train "movement patterns" rather than "muscle groups" because that's how we interact with our environment. We squat down, we bend over, we pick things up, and we lift and move things over our heads. Check out Starting Strength, which is a program focused on squats, deadlift...
by simplesimon
Fri Nov 02, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: HDHP vs. PPO new family
Replies: 7
Views: 387

Re: HDHP vs. PPO new family

You need to lay out the premiums for the two plans and the deductibles. Are you able to max out your HSA contribution?
by simplesimon
Fri Nov 02, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11402

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

I am not sure how one can compare level of spending between HCOL and LCOL. Beyond basic necessities I don't find much to spend money in a LCOL. Because there is nothing to do. It's not like you can buy expensive tickets at the Met and go to a 3* restaurant. On the other hand housing is not and "exp...