Search found 395 matches

by Strayshot
Sun Nov 18, 2018 8:22 am
Forum: Personal Consumer Issues
Topic: Men's crew neck t-shirts
Replies: 30
Views: 1640

Re: Men's crew neck t-shirts

hi there BHs, Anyone has recommendations for comfortable (soft) crew neck t-shirts? I'm looking for some white crew neck t-shirts as undershirts for dress shirts. I am wearing Fruit of the Loom brand, but it's just ok. Thanks all. Try Costco Kirkland brand. +1 for Costco's Kirkland t-shirts Another...
by Strayshot
Fri Nov 16, 2018 9:05 am
Forum: Personal Consumer Issues
Topic: My experience with iPhone6s battery replacement
Replies: 30
Views: 2272

Re: My experience with iPhone6s battery replacement

I would add that you should make sure your fingerprint detection / button are working properly after the battery replacement. Apparently there is a chance of messing up the display such that the fingerprint ID does not work afterwards and the regression test the techs put the phone through after the...
by Strayshot
Sun Nov 11, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3533

Re: International Travel during Maternity/Paternity

I laughed out loud when I first read this post! Are you not taking any PTO time off after birth? I would take at least 3 weeks off right after the birth as a new father with my first child. If nothing else your wife will need the support. Your plan as described is a genuinely terrible idea. If your ...
by Strayshot
Sat Nov 10, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Alcohol related gift idea - nice glasses for drinking spirits?
Replies: 17
Views: 1478

Re: Alcohol related gift idea - nice glasses for drinking spirits?

I am not a big fan of my whisky being on the rocks (or even one big rock) and only drink cocktails at bars, most of the time it is just neat and room temperature. I have a whole slew of glencairn glasses that work great and highly recommend them. https://en.m.wikipedia.org/wiki/Glencairn_whisky_glas...
by Strayshot
Wed Nov 07, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive Capital One 360 Checking & Savings
Replies: 7
Views: 774

Re: Inactive Capital One 360 Checking & Savings

I opened a 360 account to get a bonus, kept it open for a small amount of time, and closed it. Closing was done online and was a piece of cake (couple of clicks on the website).
If you don’t plan to use it and don’t need it, I would close it.
by Strayshot
Mon Oct 29, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: levolor , select blinds or bali cellular shades?
Replies: 8
Views: 859

Re: levolor , select blinds or bali cellular shades?

I have Bali doublecell blackout top-down bottom-up cordless shades upstairs on 4 windows. They have been wonderful and only just recently after 12 years did one need repair, cost me about 50 bucks through Home Depot where I originally purchased. When I got them 70 inches was too wide for cordless, s...
by Strayshot
Sat Oct 13, 2018 11:33 am
Forum: Investing - Help with Personal Investments
Topic: defaulted Puerto Rico bonds - keep or sell ?
Replies: 3
Views: 479

Re: defaulted Puerto Rico bonds - keep or sell ?

If you only have 2 more years of working income, and both your short term (current tax rate) capital gains as well as long term capital gains rates are higher in those 2 years (which I would assume they are), and you have some gains to offset for some reason or another (rebalanced some taxable holdi...
by Strayshot
Thu Oct 11, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5277

Re: Feeling Guilt among family/peers

Never feel guilty about your financial state relative to others. Show empathy for their situations, but never guilt. You were not and are not the cause of any financial malfeasance amongst your friends and family. The irony is that talking about money is the best chance most folks have at learning h...
by Strayshot
Wed Oct 10, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: What do you think of the Tesla craziness?
Replies: 25
Views: 2293

Re: What do you think of the Tesla craziness?

Another one of these threads? Someone please merge this with one of the other billion Tesla posts on here.
by Strayshot
Fri Oct 05, 2018 7:21 am
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 69
Views: 13849

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

I am a millionaire next door and, despite feeling slighted that I was not surveyed for this book, I will order a copy. Really I am looking for advice from the next version, which I hear is tentatively titled “The billionaire next door: time-tested roadmaps for the .000002%”
by Strayshot
Thu Oct 04, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Investing my first million
Replies: 46
Views: 7420

Re: Investing my first million

If by tax efficiency you mean one is a tax exempt bond fund and one is not, then yes you will owe a federal taxes on the interest from the Schwab ETF holdings. The reality is that municipal bonds and corporate bonds are different assets with different risk and returns, so you need to decide if the t...
by Strayshot
Thu Oct 04, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Need personal investment and estate planning help
Replies: 13
Views: 1036

Re: Need personal investment and estate planning help

I don’t know what you mean by “move out” unless somehow your 401k has a self directed option? You want the tax advantaged space in the 401k. We would need more details about the available options in your 401k to figure out a 3-fund style portfolio. I don’t even see an international option from what ...
by Strayshot
Thu Oct 04, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Need help starting out
Replies: 6
Views: 637

Re: Need help starting out

https://www.bogleheads.org/wiki/Three-fund_portfolio

https://www.bogleheads.org/wiki/Priorit ... nvestments

Save in tax advantaged accounts in an asset mix that is appropriate to your age until retirement and your risk tolerance. Strive to save at least 15% of your gross income.
by Strayshot
Tue Oct 02, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Need personal investment and estate planning help
Replies: 13
Views: 1036

Re: Need personal investment and estate planning help

That is good, it looks like your major items are covered. The emergency fund is separate from the 100k severance correct? Is the term life sufficient? Is your partner able to work if needed? Have you planned the ability to cover the duplex full mortgage if it is unoccupied with a tenant? Is this inc...
by Strayshot
Tue Oct 02, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Need personal investment and estate planning help
Replies: 13
Views: 1036

Re: What to do now

People who happily roll along in life do well until their lack of planning and an unlikely disruptive event force them to fall off the wagon. You need much more than to figure out what to do with your 100k severance. You need to look holistically at your financial picture and take actions. Do you ow...
by Strayshot
Tue Oct 02, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: Enjoying your money before retirement
Replies: 65
Views: 6346

Re: Enjoying your money before retirement

If at your 15% contribution rate you aren’t maxing your available tax advantaged space, it makes no sense to invest in taxable. Also, Roth contributions can be withdrawn penalty free after 5 years, so you could always take out some amount of Roth principle to buy that boat or round-the-world vacatio...
by Strayshot
Tue Oct 02, 2018 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Investing my first million
Replies: 46
Views: 7420

Re: Investing my first million

After reading this thread, I feel like you are entering the point of over-analysis and decision paralysis. You need to: - Pick a brokerage (Vanguard, Charles Schwab, Fidelity are all fine choices) - Get your money invested. For someone with $6M and who is only putting $1M into investments at this ti...
by Strayshot
Mon Oct 01, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 123
Views: 14773

Re: Sears, a 125 year old company is now a penny stock.

The fate of many retail stores. If you could somehow virtually try on a pair of shoes (i donno...scan your foot somewhere) and have a 95% accuracy rate, that would remove nearly most shoe sections in stores. Knowing the shoe size isn't enough in my opinion because even if they fit they may not be c...
by Strayshot
Mon Oct 01, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Where to put my play money, in taxable or sheltered?
Replies: 9
Views: 799

Re: Where to put my play money, in taxable or sheltered?

If you are not currently filling your available tax advantaged space, the only reason to utilize taxable would be to avoid penalties on money you need to spend in the near-term. If this play money is to be used in retirement, there is no reason not to use tax advantaged space if it is available. If ...
by Strayshot
Mon Oct 01, 2018 7:13 am
Forum: Personal Consumer Issues
Topic: Used Car on Lot for Year and a Half
Replies: 36
Views: 3650

Re: Used Car on Lot for Year and a Half

I would go buy it, particularly before some Sacramento-area boglehead beats you to it.....
by Strayshot
Mon Sep 17, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Financial situation/Health checkup - Stocks vs. Real Estate?
Replies: 17
Views: 1378

Re: Financial situation/Health checkup - Stocks vs. Real Estate?

You are doing great! Is there an index alternative to fidelity growth in your 401k with a lower expense ratio? If so I would move to that. I would start selling Microsoft stock, perhaps at the 50k/year level (whatever is in long term capital gains) and buying more total stock market. You have a lot ...
by Strayshot
Sun Sep 16, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Use 401k loan to pay off student loan debt?
Replies: 8
Views: 830

Re: Use 401k loan to pay off student loan debt?

Thanks all! There are many additional complexities that aren’t worth getting into surrounding the taxable stuff but it sounds like the majority opinion is to stop the taxable contributions and just pay off the loan faster.
by Strayshot
Sat Sep 15, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Use 401k loan to pay off student loan debt?
Replies: 8
Views: 830

Re: Use 401k loan to pay off student loan debt?

Thanks for the comments so far! I don't kick off enough dividends from taxable to make a meaningful dent, I usually add around $2K a month to taxable investments. Our retirement accounts are all three-fund but my taxable is where I gamble a bit This exchange would actually free up some additional ca...
by Strayshot
Sat Sep 15, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Use 401k loan to pay off student loan debt?
Replies: 8
Views: 830

Use 401k loan to pay off student loan debt?

Hi Bogleheads, Something weighing on my mind lately had been using a 401k loan to pay off remaining school debt. Looking for advice! I am married with kids, well insured on all fronts, have a low 7-figure investment balance, very stable employment (low probability that a 401k loan would need to be p...
by Strayshot
Sat Sep 15, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: More questions on back door conversion to Roth IRA. Does order of contributions matter?
Replies: 2
Views: 187

Re: More questions on back door conversion to Roth IRA. Does order of contributions matter?

They are totally independent (a 401k and an IRA) so no, there is no order between the two. You can lump-sum your $5500 nondeductable IRA in at the beginning of the year and immediately convert to Roth regardless of anything related to 401k’s.
by Strayshot
Mon Sep 10, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1682

Re: General check-up on retirement financial status

Everything looks good to me, your asset allocation is a bit aggressive but you have plenty of income and assets so there is no problem (you should still be fine even with a major correction). What is your yearly expenditure? Someone mentioned earlier, but you should take a look at both Roth conversi...
by Strayshot
Mon Sep 10, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8991

Re: My daughter's inheritance.

Somehow you managed to talk to salesmen from two horrible places: Morgan Stanley and (drumroll please!) Edward Jones who takes the cake for borderline criminal thievery of hard earned funds from unknowing victims. Do not allow these vampires access to the money. They prey on the emotionally vulnerab...
by Strayshot
Tue Sep 04, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Help evaluate my investment situation
Replies: 23
Views: 2475

Re: Help evaluate my investment situation

You are doing well living much below your means and have good options in your 401k. You have $125k to invest. First, determine your asset allocation between stocks and bonds. If you have no pension, generally age in bonds or age-10 in bonds are reasonable positions. When you plan to retire can also ...
by Strayshot
Sun Sep 02, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: New and excited!
Replies: 6
Views: 977

Re: New and excited!

Since I saw this post, answers to your other questions: 1) At a 10% international allocation, it almost isn’t worth the hassle. Unless you are putting a meaningful amount into international equities (20-30%) I would prefer the simplicity of just getting international exposure through globalized us d...
by Strayshot
Sun Sep 02, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: New and excited!
Replies: 6
Views: 977

Re: New and excited!

The 28% tax bracket was a 2017 tax bracket with taxable income of $92k-$191k for a single person. You didn't provide estimated gross income or estimated modified adjusted gross income (MAGI) for 2018 or your 2018 estimated tax bracket. Corrected! Thanks bill! Are you suggesting a backdoor Roth IRA ...
by Strayshot
Fri Aug 31, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: I want to pry my friend away from Edward Jones
Replies: 71
Views: 7800

Re: I want to pry my friend away from Edward Jones

If she already thinks finances are complicated, it is unlikely she will just read a book and change her mind. Most people get anchored to their original salesman who showed up on their doorstep and offered to save them from the complexity of investing and are resistant to change. I would show her wh...
by Strayshot
Fri Aug 31, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Possible Fraud or Mis-management
Replies: 1
Views: 424

Re: Possible Fraud or Mis-management

Revoke access to all accounts in writing and salvage what you can. Get a lawyer to follow up in writing and then decide if you want to sue. If the advisor has no money because they are bankrupt, you may be squeezing a turnip for blood. Your goal is to remove access to the accounts. Many places (incl...
by Strayshot
Sun Aug 26, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5813

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

I think you are getting snarky replies because you have won the game. Your 3.5M cash will almost entirely support 35 years of retirement at the income level you mention without any gains or risk. You need to get it into a vehicle that will keep up with inflation, which as other posters have mentione...
by Strayshot
Sat Aug 25, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's Certified Advisors: New? Young? Okay? Please Help!
Replies: 52
Views: 3238

Re: Vanguard's Certified Advisors: New? Young? Okay? Please Help!

If they have education in a relevant field and carry the CFP designation, you can assume they are on par with others who have similar credentials and have appropriate knowledge in the field. I wouldn’t hesitate to work with a CFP with an undergrad in finance regardless of age. There is always a trad...
by Strayshot
Sat Aug 25, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Costco Kirkland Brand Liquor
Replies: 63
Views: 9265

Re: Costco Kirkland Brand Liquor

I have been impressed with the Costco scotches, when they had the macallan distilled Alexander Murray aged/bottled 15 year a couple years back I bought a couple cases. At the 50$ price point it was a no brainer, unfortunately I am now running low.....I would give any of the Costco scotches a try wit...
by Strayshot
Fri Aug 24, 2018 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Young Pharmacist With No Clue What To Do
Replies: 32
Views: 3204

Re: Young Pharmacist With No Clue What To Do

https://www.bogleheads.org/wiki/Prioritizing_investments Will help you figure out what accounts you should contribute to in what order. I would max your Roth, max your workplace 401k at the 18500 limit, and put anything remaining towards your loans. Unless any part of your 90k cash is for a home do...
by Strayshot
Thu Aug 23, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Check in - more details this time.
Replies: 12
Views: 1043

Re: Check in - more details this time.

Personally, if I were you with 50k cash on hand, I would do these things: 1) Pay off auto loan tomorrow 2) Pay off HELOC tomorrow 3) Crank 401(k) contributions to the max Now all the hard work is done, the decisions have been made. You have a $14k emergency fund, and greatly increased cash flow. De...
by Strayshot
Thu Aug 23, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8928

Re: Edward Jones rep door knocking

As for the TJCA, as far as I know, it is not in the tax legislation but in the footnote of a conference report. http://www.tennlaw.com/05/backdoor-roth-ira-contributions-after-tax-reform/ I am simply being cautious when I said it is “not universally accepted.” I am not sure what more you are lookin...
by Strayshot
Thu Aug 23, 2018 7:02 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2756

Re: Rating system for posts/posters ?

This is the internet, if you don’t like it or it doesn’t interest you, don’t read it. Last thing I want to see bogleheads turn into is a social media nightmare with convoluted rating systems and reviews, even more convoluted filtering and display of content due to aforementioned ratings and reviews,...
by Strayshot
Thu Aug 23, 2018 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8928

Re: Edward Jones rep door knocking

I would not completely discount a person who did not mention backdoor Roth IRA as it is not a universally accepted method. (I would say a vast majority has accepted it.) Please clarify what you mean by “not universally accepted”? The “backdoor Roth” is a core pillar of tax efficient retirement inve...
by Strayshot
Tue Aug 21, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Edward Jones rep door knocking
Replies: 90
Views: 8928

Re: Edward Jones rep door knocking

he also explained to her that she blew past her max 401k savings last year and needs to not put in more than the max. he also told them they were not eligible for the Roth IRA they set up and need to stop contributing to that as well. obviously, he was helpful from the beginning. but... If being un...
by Strayshot
Tue Aug 21, 2018 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Question from an FA
Replies: 12
Views: 1389

Re: Question from an FA

I guess if it were me, I would take the Edwards Jones guy out to lunch and ask how he is getting leads on clients. Then I would start doing that. In my experience places to find people who don’t know how to manage money and can get suckered into having a financial advisor are all over, you just need...
by Strayshot
Mon Aug 20, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: The more I learn the less I know: general checkup, lots of questions.
Replies: 19
Views: 2728

Re: The more I learn the less I know: general checkup, lots of questions.

Thoughts after reading your post: Your investments are in my opinion overly conservative. If you look up the target date fund it will tell you the approximate mix of asset classes inside that -25% of your portfolio. The very first thing I would do is just sell the TIPS alltogether and put it into th...
by Strayshot
Thu Aug 16, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2489

Re: Portfolio Review/How are we doing?

Klangfool, I have to admit I am not sure what point you are trying to make? The point of saving money now is to have a larger amount of money at a future point in time. I guess I don’t get the point about OP’s employment status and the relevance to saving for college. OP has a plan, if for some reas...
by Strayshot
Wed Aug 15, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2489

Re: Portfolio Review/How are we doing?

If 6% is a big deal, why 10% tax penalty is not a big deal. OP's wife will retire early at 55 years old. OP will retire at 59 years old. It is very simple. OP and his wife will retire early before the kid goes to college or during college. A) The income will drop and may qualify the kid for financi...
by Strayshot
Wed Aug 15, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2489

Re: Portfolio Review/How are we doing?

At 22% tax bracket, your tax benefits are minimal compared to putting money into the taxable account. They would save 6 percent state tax right off the bat (up to $16k annual 529 contributions) and eliminate tax on dividends and capital gains compared to taxable if the savings and earnings are used...
by Strayshot
Mon Aug 13, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2489

Re: Portfolio Review/How are we doing?

Does your 529 offer a state tax exemption up to a certain amount of yearly contribution? How much of the taxable is ltcg vs stcg? I would probably look at maxing the 529 up to the tax exempt threshold using taxable sales that only have ltcg for a couple of years until it is in the 30-40k range and t...
by Strayshot
Mon Aug 13, 2018 7:03 am
Forum: Personal Consumer Issues
Topic: Unlocked iPhone on eBay or Amazon?
Replies: 22
Views: 1460

Re: Unlocked iPhone on eBay or Amazon?

Buy from a seller with excellent feedback through PayPal on eBay and you will be fine. Those sellers are so worried about negative feedback they will bend over backwards to make things right if something is not as described. As soon as you get the phone spend an hour or so going through features and...
by Strayshot
Sat Aug 11, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2828

Re: 32M lost and needing guidance

I think you are doing fine. You spend 80-90k a year. You make ~200k after tax. You should be able to save at least 50-70k a year in a mix of tax advantaged and taxable accounts. You have term and disability and at least 1 new and reliable vehicle. You already refinanced your medschool loans. You hav...
by Strayshot
Fri Jul 27, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Major Life and Home Expenses
Replies: 4
Views: 836

Re: Major Life and Home Expenses

I wouldn't worry about the vehicle, as rates are low enough (even for used vehicles) that you can finance the 25-50K you would spend on a cooler looking but generally less functional odyssey (the pilot) so you don’t need cash sitting around. Of what you listed the roof is the biggest expense that wi...