Search found 652 matches

by EHEngineer
Wed Jan 03, 2018 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan in tax free state, dont do it?
Replies: 5
Views: 561

Re: 529 plan in tax free state, dont do it?

I think you're not comparing apples to apples. First, You're compaing different asset allocations for the same 10 yr horizon. Whether you spend money from an IRA or from a 529, your allocation should be the same for a 10 year horizon. Second, you should not be paying 0.9% for a 529. I am paying 0.16...
by EHEngineer
Wed Jan 03, 2018 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan and assett allocation
Replies: 2
Views: 276

Re: 529 plan and assett allocation

most, maybe all, of the plans have an age based portfolio. Some even have agressive, moderate, or conservative choices for each age. Just pick one of the many good 529 plans, then set it and forget it.
by EHEngineer
Wed Jan 03, 2018 12:43 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard completely messed up my cost basis..big problem
Replies: 25
Views: 1575

Re: Vanguard completely messed up my cost basis..big problem

What would you guys recommend that I do?? I'm worried Vanguard won't help me and Merrill is saying it's Vanguard's fault. I don't want to be stuck holding the bag at the end of the day... At this point just work with Merrill Edge. I don't see why you need to contact Vanguard any further for these s...
by EHEngineer
Sun Dec 24, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Etiquette of converting to exempt status
Replies: 30
Views: 3295

Re: Etiquette of converting to exempt status

sabtastic wrote:
Tue Nov 28, 2017 12:22 am
<snip>
I'm going to read up on exempt labor laws and see if I can negotiate some way out of this where I won't be "allowed" overtime any more.
Sabtastic, Can you give us with an update? Have you attempted to negotiate?

Happy holidays,
Ehen
by EHEngineer
Fri Dec 22, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

Thank you for the additional detail. The jargon is a bit overwhelming. I'll be doing some white boarding to see if I can diagram it.
SpaethCo wrote:
Thu Dec 21, 2017 12:23 pm
All that being said, the weakest link in all of this is still the humans that use this technology.
Image
Very true.
by EHEngineer
Fri Dec 22, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

BrandonBogle wrote:
Thu Dec 21, 2017 1:07 pm
You aren't. Simply because you typed in your password on your device for a verification request, it doesn't mean you ever put your password (in any form) anywhere other than on your device.
I hear you. there is something I don't get. I will attempt to reconsider.
by EHEngineer
Fri Dec 22, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

I get it. The device password (aka "encrypted, hashed, salted, stretched blob") resides on an apple server somewhere to be sent to devices for authentication purposes when requested. That's the cloud. That's what I don't want. No, you very obviously don't get it, and it is useless to continue. I wi...
by EHEngineer
Thu Dec 21, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question on distribution dates
Replies: 2
Views: 163

Re: Quick question on distribution dates

livesoft wrote:
Thu Dec 21, 2017 12:17 pm
You will not be paid the distribution for shares bought today. I can't say anything about the shares you gave away.
:sharebeer

I had converted those to ETF, and fortunatly they went through one day before being paid dividends. Lucky!
by EHEngineer
Thu Dec 21, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question on distribution dates
Replies: 2
Views: 163

Quick question on distribution dates

My charitable donation of appreciated shares went through yesterday. Now I need to repurchase those shares. Many of the "Vanguard Total" funds list today, 12/21, as the "payable date". If I put in a mutual fund order during trading hours today (ie right now), will I be paid the distribution or not? ...
by EHEngineer
Thu Dec 21, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

To gain access to the iCloud Keychain, an attacker needs to gain access to both your iCloud account (more difficult with 2FA), and also be able to guess one of your device passcodes within 10 tries. Or find a fault in the system. Or get a subpoena. I'm sure the FMEA for this system is huge and has ...
by EHEngineer
Thu Dec 21, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

I really appreciate the time you took to spell that out. I had heard all those terms before, but I couldn't have explained them. It's interesting and impressive, but my preferred strategy remains: avoid putting my passwords in the cloud. As called out in later posts, you are not sending your device...
by EHEngineer
Thu Dec 21, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Late in the game advice please
Replies: 11
Views: 1300

Re: Late in the game advice please

Hi Blackrock, Welcome to bogleheads. However, more details would help. For the future, your saving rate is far more important than this $3000. And, to save requires income. Why is your job / income unknown after June? Why don't you know where you'll be living? Why can't you plan for that? This is m...
by EHEngineer
Tue Dec 19, 2017 10:51 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

<snip> I completely agree with MP123. I have seen no reason to believe (either in your OP or anyplace on the net) that they are actually storing your password in the cloud. Apple can verify if you know your mac password without actually knowing what the mac password it, and thus have no need to sto...
by EHEngineer
Tue Dec 19, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

It's probably storing a hash of your password and then running your submitted password through the same hash and comparing. In theory no way for them to figure out what your password actually is, just that you know what it is. If someone stole the hash it still wouldn't tell them the password. yeah...
by EHEngineer
Tue Dec 19, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Late in the game advice please
Replies: 11
Views: 1300

Re: Late in the game advice please

Hi Blackrock, Welcome to bogleheads. Everything you wrote seems reasonable. I don't think you can go wrong with the roth and VTIVX or paying down a 6.8% loan. However, more details would help. For the future, your saving rate is far more important than this $3000. And, to save requires income. Why i...
by EHEngineer
Tue Dec 19, 2017 5:16 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Re: Apple 2FA is saving DEVICE passwords in the cloud

I have been using apple's 2 factor for a long time. I got a new iphone recently, while setting it up, the iPhone asked for my iMAC password. That's weird right? Why does my phone want the password for another device? I'm not talking about iCloud password, I'm talking about the login password for my...
by EHEngineer
Fri Dec 15, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Active vs. index funds in a recession:
Replies: 11
Views: 909

Re: Active vs. index funds in a recession:

Index funds (net of expenses) perform exactly the same as the index. Always. No exception. This is an overstatement. Actually it's just wrong. Even a low expense fund can underperform its index. Vanguard total bond market did it by about 2% in 2002. Not because of high ER, but because they messed up.
by EHEngineer
Fri Dec 15, 2017 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: Please review my personal portfolio and questions
Replies: 6
Views: 697

Re: Please review my personal portfolio and questions

Hi ebp12100, Welcome to bogleheads. You have a very nice 403b and your portfolio is almost 100% boglehead already, so nice work. I hope you can learn some new things here. 1) You can withdrawl Roth IRA contributions at any time (eg in an emergency). so there is no need to forgo Roth contributions to...
by EHEngineer
Fri Dec 15, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: New Car - Always use parking brake ?
Replies: 72
Views: 6888

Re: New Car - Always use parking brake ?

First car and you are already a gear head! I dont have any actual evidence that using the parking brake helps durability. But here's couple things I always do. 1) When you use the park brake, set it firmly. If you set it softly you may accidentally drive through it and burn up the brake. 2) I use a ...
by EHEngineer
Fri Dec 15, 2017 9:08 pm
Forum: Personal Consumer Issues
Topic: Apple 2FA is saving DEVICE passwords in the cloud
Replies: 21
Views: 2536

Apple 2FA is saving DEVICE passwords in the cloud

I have been using apple's 2 factor for a long time. I got a new iphone recently, while setting it up, the iPhone asked for my iMAC password. That's weird right? Why does my phone want the password for another device? I'm not talking about iCloud password, I'm talking about the login password for my ...
by EHEngineer
Fri Dec 15, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 58176

Re: Retirement Account Stolen by Identity theft

So, all's well that ends well. The money is back in the account, there is no indication from Transamerica as to who the thief was, and after the New Year I will be transferring the account to Vanguard. Thanks again for all your help and support. That's great, I'm glad they delivered. Thanks for the...
by EHEngineer
Sat Dec 09, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 6180

Re: Does this happen to you? Educating friends about personal finance

Does this happen to you? <snip> Do you all experience this? What do you do? How do you get friends to take the time necessary to get at least to a 60% knowledge level? Try to be a little more humble. Your way is not the only way. There are "experts" who will say anything. Never give unsolicited adv...
by EHEngineer
Tue Dec 05, 2017 10:42 am
Forum: Investing - Help with Personal Investments
Topic: HSA Question. Switching health plans
Replies: 3
Views: 342

Re: HSA Question. Switching health plans

First, I have never heard of an employer allowing separate plans for an employee and family. Interesting. I don't think you can merge the two plans. I believe it's like an IRA. However you can use it to pay/reimburse expenses until the account is empty. That's what I would do. Drain it down as expen...
by EHEngineer
Tue Dec 05, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Newport Group servicing 403bs for Vanguard?
Replies: 8
Views: 552

Re: Newport Group servicing 403bs for Vanguard?

It's mentioned on the vanguard site. Look for the double asterisk. https://investor.vanguard.com/403b-plans/
by EHEngineer
Tue Dec 05, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Newport Group servicing 403bs for Vanguard?
Replies: 8
Views: 552

Re: Newport Group servicing 403bs for Vanguard?

my first thought is make sure you actually called vanguard and didn't mis-dial.
by EHEngineer
Tue Dec 05, 2017 9:34 am
Forum: Investing - Theory, News & General
Topic: The "petro," a Venezuelan oil-backed cryptocurrency
Replies: 32
Views: 2360

Re: The "petro," a Venezuelan oil-backed cryptocurrency

Derby wrote:
Tue Dec 05, 2017 12:53 am
nisiprius wrote:
Mon Dec 04, 2017 5:11 pm
And if you don't understand what an "oil-backed cryptocurrency" is, neither do I, and neither do the news organizations reporting on it.
And neither does Maduro. It's like one of his advisors said to him yesterday "PLASTICS."
I laughed out loud. I think this is what happened.
by EHEngineer
Sun Dec 03, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: yacht vs charity
Replies: 1
Views: 557

Re: yacht vs charity

I think the actionable part of your post is a request for book recommendations. You have realized what Adam Smith did a while back. That societal good can come from "selfish" intentions. Note: "can" not "will" or "must." Russ Roberts: How Adam Smith Can Change Your Life https://www.amazon.com/Adam-S...
by EHEngineer
Sat Dec 02, 2017 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1649

Re: Help me Help mom

John, Do you have cost basis information for the taxable stocks and bonds? With that much in taxable, you will likely want to manage the capital gains as you transition to an index portfolio. I get the sense she has "more" than she needs, but to confirm, do you have a sense of her spending? Is she ...
by EHEngineer
Sat Dec 02, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Help me Help mom
Replies: 29
Views: 1649

Re: Help me Help mom

John, Do you have cost basis information for the taxable stocks and bonds? With that much in taxable, you will likely want to manage the capital gains as you transition to an index portfolio. I get the sense she has "more" than she needs, but to confirm, do you have a sense of her spending? Is she r...
by EHEngineer
Tue Nov 28, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard 529 College Savings Plan
Replies: 9
Views: 1201

Re: Vanguard 529 College Savings Plan

Interested to see if there's any thing to be worried about utilizing Illinois 529 plan and a future bankruptcy. Sounds silly I believe the 529 plans cannot be taken by the state and I would use it. The pre-paid tuition plan is not a good idea, IMO. If the state stops funding the university(s), then...
by EHEngineer
Mon Nov 27, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Etiquette of converting to exempt status
Replies: 30
Views: 3295

Re: Etiquette of converting to exempt status

Do you have anyone above your rank that you can speak frankly with? Your question is so obvious you can expect they've anticipated it. You just don't want to burn any bridges before you have secured a new job.

A 25% pay cut is substantial.
by EHEngineer
Sun Nov 26, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard 529 College Savings Plan
Replies: 9
Views: 1201

Re: Vanguard 529 College Savings Plan

The deduction is $10k for single or $20k for mfj. The best IL Plan is the direct sold https://www.brightstartsavings.com/ It was good for years, but in July of this year it got even better. There are no more account fees and the ERs are excellent (for the index funds). Beware, you could be subject t...
by EHEngineer
Sat Nov 25, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation In Retirement
Replies: 9
Views: 1018

Re: Bond Allocation In Retirement

Hi Bob, Does this $480k in bonds represent the 55% of your portfolio that is non-stock? Or is this 480 a separate bucket from the investment portfolio? Yes, the 480 is the bond part. There is also about 400 in stock funds. OK. I think you are wise to delay the SS to age 70. How much of the $480 wil...
by EHEngineer
Sat Nov 25, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation In Retirement
Replies: 9
Views: 1018

Re: Bond Allocation In Retirement

Hi Bob, Does this $480k in bonds represent the 55% of your portfolio that is non-stock? Or is this 480 a separate bucket from the investment portfolio? Yes, the 480 is the bond part. There is also about 400 in stock funds. OK. I think you are wise to delay the SS to age 70. How much of the $480 wil...
by EHEngineer
Sat Nov 25, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage Payment - WWBHD? [What Would a BogleHead Do]
Replies: 15
Views: 1577

Re: First Mortgage Payment - WWBHD? [What Would a BogleHead Do]

I don't understand the concept of a buyer "getting back" money from a closing. I am walking away with more cash from the sale of my home than I need to complete the purchase of the new (to me) house. I chose to borrow more to get some equity back. But my numbers were based on the original amounts p...
by EHEngineer
Sat Nov 25, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage Payment - WWBHD? [What Would a BogleHead Do]
Replies: 15
Views: 1577

Re: First Mortgage Payment - WWBHD? [What Would a BogleHead Do]

I don't understand the concept of a buyer "getting back" money from a closing. But, in general, if you have a $4k uneexpected windfall paying down the mortgage is a good thing. I suspect you have an emergency fund, and your ahead with your roth savings. go for it. But you may want to talk to you len...
by EHEngineer
Sat Nov 25, 2017 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation In Retirement
Replies: 9
Views: 1018

Re: Bond Allocation In Retirement

Hi Bob, Does this $480k in bonds represent the 55% of your portfolio that is non-stock? Or is this 480 a separate bucket from the investment portfolio?
by EHEngineer
Sat Nov 25, 2017 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds: Why?
Replies: 29
Views: 2423

Re: Bonds: Why?

oldcomputerguy wrote:
Sat Nov 25, 2017 9:06 pm
Anything can fluctuate. Your 3-5 year CDs can lose purchasing power if interest rates fluctuate, or if inflation takes a spike. Even cash can lose effective value to inflation. In real terms, nothing is guaranteed not to fluctuate or drop.
Ibonds? Inflation adjusted SPIA?
by EHEngineer
Sat Nov 25, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds: Why?
Replies: 29
Views: 2423

Re: Bonds: Why?

agree. use the CDs when they offer more return. For me, "safe money" is no riskier than Total Bond Market, and CDs meet that criteria.
by EHEngineer
Sat Nov 25, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Amend 2015 taxes based on a new K-1 two years later?
Replies: 35
Views: 1853

Re: Amend 2015 taxes based on a new K-1 two years later?

Your wife should file an amended 2015 return. Good intent at the time of filing has no bearing on this obligation. Simply discovering the return that was filed was incorrect creates an obligation to amend that return. Gill Do you have a code cite to support your contention? For the counter view, se...
by EHEngineer
Sat Nov 25, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Amend 2015 taxes based on a new K-1 two years later?
Replies: 35
Views: 1853

Re: Amend 2015 taxes based on a new K-1 two years later?

That seems both fishy and annoying. However, this is your (relatively new) wife's family. Bite your tongue and file the amended return. FWIW, I recieved a K-1 from an estate once; It was from S-corp earnings. Even worse, I got zero distributions to go along with it. So I ended up paying tax on incom...
by EHEngineer
Sat Nov 25, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 58176

Re: Retirement Account Stolen by Identity theft

brak wrote:
Thu Nov 02, 2017 8:28 am
Broken Man - once the funds are restored I'll be helping him transfer the account to Vanguard.
brak - Will you share an update with us? I'd like to know if Transamerica kept its word and how easy/difficult it has been.
Thanks,
Ehen
by EHEngineer
Sat Nov 25, 2017 9:51 am
Forum: Investing - Help with Personal Investments
Topic: 529 Deposit - I moved earlier in the year, will the deposit be tax deductible?
Replies: 2
Views: 299

Re: 529 Deposit - I moved earlier in the year, will the deposit be tax deductible?

That is allowed for Illinois, and I did it. In Illinois, there is no place to specify the date of the contribution. I suggest you read the instructions for that line of the NYS tax forms. If it doesn't specifically mention comparing the contribution date with the dates of residence, then I think it ...
by EHEngineer
Tue Nov 21, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: [Yahoo Finance no longer works - Alternatives to download securities quotes]
Replies: 263
Views: 31570

Re: [Yahoo Finance no longer works - Alternatives to download securities quotes]

Well, I was all happy to figure out GOOGLE SHEETS and it works well. Except...it doesn't update mutual fund prices until sometime much later than I'd like (about 6:30PM Eastern). Anyone else notice this? Any good workaround? For me it is fine. But, I set up a portfolio monitor for a friend who like...
by EHEngineer
Tue Nov 21, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on 401k Options
Replies: 5
Views: 515

Re: Thoughts on 401k Options

As far as my 401K, the pickings are slim, but I wondered if I was possible to create a diversified portfolio with these cheaper Vanguard stocks and bonds for my 401k, and what allocation would be best for an aggressive portfolio of approximately 90 stocks/10 bonds to start. I'd like to teach myself...
by EHEngineer
Tue Nov 14, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3881

Re: Borrowing from parents - what interest rate?

Get a quote from a bank for an unsecured personal loan. 8-10% last I checked. This parental loan is not comparable to an FDIC insured account. And since they cannot forclose on your house as a 1st or even a 2nd lein, this is not comparable to a mortgage. You're underestimating the risk they are taki...
by EHEngineer
Tue Nov 14, 2017 12:26 am
Forum: Investing - Help with Personal Investments
Topic: Pay down a 3.25% 15-year mortgage?
Replies: 25
Views: 4105

Re: Pay down a 3.25% 15-year mortgage?

Hi hyperpigment26, Welcome to the forum. I understand your issue. You have $3,000 per month, post tax dollars, to invest as you wish. You can pay down either of two mortgages, or you can invest in the market. I have a few questions 1) based on the change in cashflow from negative $1300 to positive $...
by EHEngineer
Mon Nov 13, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Wiki revised - 529 plans
Replies: 3
Views: 524

Re: Wiki revised - 529 plans

Awesome work. Thank you.
by EHEngineer
Sun Nov 12, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Home Loan Analysis
Replies: 5
Views: 523

Re: Home Loan Analysis

As for 3-5-7 years down the road, I am thinking of purchasing a different property with my significant other and renting out this one entirely. That’s part of why the 295k price was attractive. I feel like it makes sense as a first property to live in for a few years, but also doubles a as a good i...