Search found 251 matches

by catchup
Sat Aug 29, 2020 11:24 pm
Forum: Personal Consumer Issues
Topic: Tuxedo crisis. Help!
Replies: 25
Views: 1645

Re: Tuxedo crisis. Help!

A 12 year old string??? About tuxedo pants? I have my favorite buggy whip that needs the handle wrapped. What do I do? It's like my favorite cherished family heirloom ax, Abe Lincoln once owned it - head has been replaced twice and the handle has been replaced 3 times. Not sure I’m picking up what ...
by catchup
Sat Aug 29, 2020 11:09 pm
Forum: Personal Consumer Issues
Topic: Tuxedo crisis. Help!
Replies: 25
Views: 1645

Re: Tuxedo crisis. Help!

If I’m fortunate enough to have that blessing of seeing my kids get married, this will all seem trivial whether I wear the same tux or not.
by catchup
Sat Aug 29, 2020 11:05 pm
Forum: Personal Consumer Issues
Topic: Tuxedo crisis. Help!
Replies: 25
Views: 1645

Re: Tuxedo crisis. Help!

I’m a little bit thinner than at my wedding. Now running marathons. Good point though.
by catchup
Sat Aug 29, 2020 10:58 pm
Forum: Personal Consumer Issues
Topic: Tuxedo crisis. Help!
Replies: 25
Views: 1645

Re: Tuxedo crisis. Help!

Yes, you are probably right.
by catchup
Sat Aug 29, 2020 10:21 pm
Forum: Personal Consumer Issues
Topic: Tuxedo crisis. Help!
Replies: 25
Views: 1645

Re: Tuxedo crisis. Help!

Yes, it’s traditional black.
I think you’re probably right.
I’ll either replace the pants now or wait another 10 or 20 years until my children get married.

Thanks.
by catchup
Sat Aug 29, 2020 9:51 pm
Forum: Personal Consumer Issues
Topic: Tuxedo crisis. Help!
Replies: 25
Views: 1645

Tuxedo crisis. Help!

Hi. I’m packing up our house to move out, and sadly I can’t find the pants I wore with my Brooks Brothers tuxedo I bought 15 years ago for my wedding. A victim of multiple moves, etc. Does anyone know if tuxedos are purchased as a single matching suit, or are the pants sold separately, like grey pan...
by catchup
Fri Aug 28, 2020 7:56 am
Forum: Personal Investments
Topic: As a 30 year old with extremely high risk tolerance should I even be holding bonds any more or should I go 100% stock?
Replies: 166
Views: 11762

Re: As a 30 year old with extremely high risk tolerance should I even be holding bonds any more or should I go 100% stoc

100% stocks isn’t bad if you don’t have much invested and therefore don’t have much to lose. If you see your life savings plummeting and have a family to look out for, it doesn’t take long to see that such an investment strategy can be painful if not irresponsible. I think it makes sense to diversif...
by catchup
Fri Aug 28, 2020 7:43 am
Forum: Personal Investments
Topic: Using MD 529 beats taxable even with penalty?
Replies: 28
Views: 1935

Re: Using MD 529 beats taxable even with penalty?

One consideration if rolling over to another state 529 every year: If you put 5000 in and remove 5000 during the same calendar year, say 2020, it may turn out to be a net 0 contribution to your 529. If you wait until the next calendar year 2021 to roll over the 5000, you may need up contribute 10,00...
by catchup
Sun Aug 02, 2020 11:49 am
Forum: Personal Investments
Topic: The David Swensen model of Investing vs the All Seasons based on the All Weather by Ray Dalio
Replies: 9
Views: 1658

Re: The David Swensen model of Investing vs the All Seasons based on the All Weather by Ray Dalio

Swensen portfolio has served me well.
Has become more conventional as index funds have caught on more.
by catchup
Sun Aug 02, 2020 11:34 am
Forum: Personal Investments
Topic: New Attending Physician looking for Portfolio Advice
Replies: 24
Views: 2822

Re: New Attending Physician looking for Portfolio Advice

I would read David Swensen Unconventional Success. That, Bogleheads guide, and this forum was enough for me to put together a 6 asset class well diversified portfolio and address questions as they come up. I would continue to max out tax advantages options, 457. You can afford the nice house, but ne...
by catchup
Sun Aug 02, 2020 11:00 am
Forum: Personal Investments
Topic: What contributions % to 529s for four children of different ages for optimal growth
Replies: 12
Views: 886

Re: What contributions % to 529s for four children of different ages for optimal growth

Here’s how I have done it. It may help you as well. Think of your 529s as one bucket. Dont use age based portfolios. Money that you will need in less than 2 years should be in cash, short term bonds. Cash like instruments. Money that you will need in greater than 10 years should be invested accordin...
by catchup
Sat Aug 01, 2020 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Dollar Bank Promotion -- ?Scam
Replies: 2
Views: 377

Re: Dollar Bank Promotion -- ?Scam

Good perspective, thanks. I don’t think it’s deliberate malfeasance. More likely due to fragmentation between marketing department and others. Marketing will say what you want to hear. People at the branch don’t set up the deals. I’ll give them a chance to Respond in writing, go in to the branch wit...
by catchup
Sat Aug 01, 2020 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dollar Bank Promotion -- ?Scam
Replies: 2
Views: 377

Dollar Bank Promotion -- ?Scam

While shopping for mortgages and relocating this Spring, I decided to open a checking account at Dollar Bank and do my mortgage with Dollar. Among the incentives offered, in addition to a decent mortgage rate, were the following: $200 off mortgage fees for having a qualifying checking account: recei...
by catchup
Sat Aug 01, 2020 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Thanks for all of the replies. My wife and I have been working together to get the house in order and stay financially prepared, and avoid living beyond our means. We've linked all of our checking accounts so we now have access to our funds, it was just a matter of going through the logistics, and I...
by catchup
Sun Jul 19, 2020 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Tired Lawyer, Need career and life advice
Replies: 106
Views: 13903

Re: Tired Lawyer, Need career and life advice

Looks like you have received a lot of good advice. I agree with not doing anything rash. If counseling was helpful, would try to resume even if online. With a young kid, your wife's chronic health conditions, stressors at work, and burnout, may I suggest working especially hard to take care of yours...
by catchup
Thu Jun 25, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Thanks for the reply. Good thought about the covid exception. I don't think it applies to us. I could make an argument that I contributed to child care, but it is not the main reason I have taken time off, and may wife is not currently working outside the home. I'll keep an open mind about drawing o...
by catchup
Thu Jun 25, 2020 10:14 am
Forum: Personal Consumer Issues
Topic: I Got Scammed To Send Amazon Gift Cards
Replies: 139
Views: 13038

Re: I Got Scammed To Send Amazon Gift Cards

I'm sorry to hear about this scam. Remember that you are the victim and that others preyed on your generous spirit. It is natural to blame yourself, but I hope you don't beat up on yourself for long. Everybody lets their guard down once in a while and wishes they hadn't. You will be stronger because...
by catchup
Thu Jun 25, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Hi. Sorry to beat a dead horse, but I wanted to get input on another alternative solution for accessing cash temporarily. For review, I had saved a huge amount of cash for a home downpayment and moving expenses while awaiting start of new job. However, between taxes, moving expenses, home repairs, o...
by catchup
Thu Jun 18, 2020 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Thanks for the additional input. Good idea about looking into 0% financing on AC as well as 0% credit cards. Would be nice to have low interest line of credit; I'm looking into that as well. Agree there is no need to borrow. I agree that we've given ourselves flexibility and if needed, I can take ad...
by catchup
Mon Jun 15, 2020 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Hudson, Yeah, balloons in the air sums it up. That’s probably why I’ve been preoccupied with running different scenarios despite having plenty of options and resources. Michaeljc, I’d work with a vanguard broker, but it looks like their base fees for that kind of thing are 6 percent plus interest fe...
by catchup
Mon Jun 15, 2020 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Thanks, Michaeljc. Sounds very reasonable. I do think that transferring money out of Vanguard without a close connection with a bank or broker whom I know may be out of my zone of comfort and definitely outside my wife’s. Otherwise, this is exactly what I would need. Just want to use my home equity ...
by catchup
Mon Jun 15, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

White Coat Investor, Yes, was trying to cross the bridge when we get there, but things like home equity loans and borrowing from family take some advance planning It all adds up. I owe 10 k in First quarter taxes, ? Plus more second quarter, 80k on repair contract as it stands, 20k moving expenses, ...
by catchup
Mon Jun 15, 2020 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Thanks for additional input. Reading responses helped me realize where I stand with respect to borrowing from family. Appreciate them, but using other people’s credit to avoid paying some taxes I now realize doesn’t sit right.

What is a margin loan? What is IB?
by catchup
Mon Jun 15, 2020 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Re: Borrow from family or sell equities for cash

Lapalimi, Thank you for your response. We have a family of five and a whole lot of stuff. We could cut costs some, need professional movers to do the bulk of it at our ages and with our outside demands. The house is an older, substantial home with some old knob and tube. We need to redo some electri...
by catchup
Mon Jun 15, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Borrow from family or sell equities for cash
Replies: 43
Views: 3722

Borrow from family or sell equities for cash

Good afternoon. I need help with a first world problem. I will share details. I hope it’s not impolite to do so on this forum. We recently purchased a home and put down 125 k for closing costs. Moving will cost 20k. I owe 10k for first quarter taxes and haven’t received a 14 k refund for 2019. We ha...
by catchup
Mon Jun 03, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: David Swensen Unconventional Success
Replies: 123
Views: 14476

Re: David Swensen Unconventional Success

I think the TIPS protect against unexpected inflation moreso than expected inflation.
by catchup
Sat Jun 01, 2019 5:59 am
Forum: Investing - Theory, News & General
Topic: David Swensen Unconventional Success
Replies: 123
Views: 14476

Re: David Swensen Unconventional Success

Thanks. Another good point.
by catchup
Thu May 30, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Good small SUV or AWD sedan recs
Replies: 39
Views: 2313

Re: Good small SUV or AWD sedan recs

I recently bought a Volvo XC90 on an impulse after an accident, but if doing it over again, I would look at the Subaru ascent or VW atlas. Both very safe cars. Volvo has surround camera though, which I like, as well as some autonomous driving features.
by catchup
Thu May 30, 2019 10:09 am
Forum: Investing - Theory, News & General
Topic: David Swensen Unconventional Success
Replies: 123
Views: 14476

Re: David Swensen Unconventional Success

In a recent interview on NPR, His original sample portfolio is again mentioned. Reits gets 20% and EM gets 5, unqualified. I’ve been at 15/10 since his interview with the Yale alumni magazine. I think I’ll switch back slowly. Rebalancing from treasuries into reits now, and will probably rebalance ou...
by catchup
Sat Feb 02, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of college and 529
Replies: 642
Views: 28037

Re: Cost of college and 529

We picked an arbitrary private school and looked up yearly tuition, room, and board. Multiplied by 4, assuming graduation in 4 years. Assume 0 percent tuition inflation and 0 percent growth of 529. We look up the new tuition rates each year and readjust our targets accordingly. As kids get closer to...
by catchup
Thu Mar 08, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 21440

Re: HSA family max contribution lowered to $6850 for 2018

Message from my HSA explaining what pressures to follow: Our records indicate that you’ve already contributed $6,900 to your HSA for 2018. To maintain compliance with the IRS, you must deduct $50 from your account to total $6,850 for the tax year. If you are 55 or older, the $1,000 catch-up contribu...
by catchup
Wed Dec 06, 2017 12:31 pm
Forum: Personal Investments
Topic: HSA Question. Switching health plans
Replies: 3
Views: 493

Re: HSA Question. Switching health plans

Thanks for the good information. I’ll use the current HSA to pay down future expenses and then close it out.
by catchup
Tue Dec 05, 2017 10:38 am
Forum: Personal Investments
Topic: HSA Question. Switching health plans
Replies: 3
Views: 493

HSA Question. Switching health plans

Hello. I am planning on removing myself from my family health insurance plan. I have an HSA associated with this high deductible plan. The new high deductible plan for my wife and 3 children will be under her name. I am switching myself to a free plan provided by work which is not HSA eligible. I wi...
by catchup
Tue Sep 22, 2015 7:11 am
Forum: Personal Consumer Issues
Topic: Soylent
Replies: 93
Views: 8353

Re: Soylent

Rodc,

Tastes better cold. Might not be great for hiking. Bottled form in the fridge or on the shelf seems ideal for drinking on a busy day at work, hassle free.
by catchup
Tue Sep 22, 2015 7:06 am
Forum: Personal Consumer Issues
Topic: Soylent
Replies: 93
Views: 8353

Re: Soylent

True, this thread doesn't relate specifically to investing, however soylent may be the index fund of nutrition-- a little bit of everything in a low cost form. Some of us spend a lot more than 8-12 dollars a day consuming less than ideal nutrition, so the topic does relate to personal finance issues...
by catchup
Mon Sep 21, 2015 3:21 pm
Forum: Personal Consumer Issues
Topic: Soylent
Replies: 93
Views: 8353

Re: Soylent

Hello. Has anyone tried Soylent 2.0?

Seems like a good cost-efficient means of nourishment.
by catchup
Wed Apr 22, 2015 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: 529 dilemma: transitioning to cash
Replies: 7
Views: 962

Re: 529 dilemma: transitioning to cash

Thanks for the link. Looks like others share my concerns about Maryland 529 fees. Still don't know what the best cash like vehicle should be for the portion of the assets that I am putting into my safe bucket, gradually increasing as kids get closer to college according to my plan. If money markets ...
by catchup
Wed Apr 22, 2015 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: 529 dilemma: transitioning to cash
Replies: 7
Views: 962

Re: 529 dilemma: transitioning to cash

Thank you for your reply. I suspect those options exis and probably work out mathematically to be similar to what I am doing. I have been very pleased with my overall portfolio asset allocations and include 529s in my overall asset allocation. It is not difficult to invest a portion in cash, and I m...
by catchup
Wed Apr 22, 2015 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: 529 dilemma: transitioning to cash
Replies: 7
Views: 962

529 dilemma: transitioning to cash

Hello. My investment plan calls for investing money that I need in 8 years with 75 per cent in my normal aggressive portfolio (70 per cent equities/30 per cent bonds), and 25 percent in cash like instruments. This is a strategy proposed by Swensen. My 9 year old boy is 9 years out from college. This...
by catchup
Sun Dec 14, 2014 4:17 pm
Forum: Personal Investments
Topic: Asset Allocation for 529 accounts
Replies: 11
Views: 1249

Re: Asset Allocation for 529 accounts

For what it's worth I will be using swensens strategy:money needed in greater than ten years: 100% in eqity oriented investment portfolio (70/30 stock/bond ratio) in my case. money needed in less than 2 years: 100% in cash,cd's or short term bonds. money needed in 8 years: 75 % invested at 70/30, 25...
by catchup
Thu Mar 07, 2013 12:21 am
Forum: Investing - Theory, News & General
Topic: I hit my number today.
Replies: 74
Views: 9397

Re: I hit my number today.

Now that youve hit your number, you can get to work on it.
by catchup
Thu Mar 07, 2013 12:03 am
Forum: Investing - Theory, News & General
Topic: I hit my number today.
Replies: 74
Views: 9397

Re: I hit my number today.

so I guess that's not you in the picture?
by catchup
Tue Dec 04, 2012 5:54 pm
Forum: Investing - Theory, News & General
Topic: "Back Door" Roth IRA Question
Replies: 23
Views: 3216

Re: "Back Door" Roth IRA Question

financial dave,

Are you contradicting yoruself, or do I misunderstand you.
At first you said doing the roth conversion is a mistake, then you went on to say that you recommend having equal amounts Roth and non-roth.
Thanks.
by catchup
Tue Dec 04, 2012 5:51 pm
Forum: Investing - Theory, News & General
Topic: "Back Door" Roth IRA Question
Replies: 23
Views: 3216

Re: "Back Door" Roth IRA Question

Based on what I know, I still am OK with working toward an equal proportion of roth and non roth ira by doing yearly backdoor roth contributions. It means that most of the 5000 is taxable, but if I am able to keep the Roth for many years or pass it on to future generations, then it seems that it is ...
by catchup
Sun Dec 02, 2012 3:12 pm
Forum: Investing - Theory, News & General
Topic: "Back Door" Roth IRA Question
Replies: 23
Views: 3216

Re: "Back Door" Roth IRA Question

Yep, I looked at 2011 taxes, and I think my accountant missed the details of the roth conversion, even though I provided all of the information. Not sure about 2010. Now what? Will I be arrested for tax evasion, or will the IRS allow us to file a correction? The reason I pay an accountant is to figu...
by catchup
Sun Dec 02, 2012 3:45 am
Forum: Investing - Theory, News & General
Topic: "Back Door" Roth IRA Question
Replies: 23
Views: 3216

Re: "Back Door" Roth IRA Question

With respect to the last point: I have about 200 k in a rollover non Roth Ira. For last couple years or so I ha ve done a back door Roth. Is this a mistake? I think the paperwork has been done to indicate that the contribution to trad Ira is post tax. Not sure what other taxes I should have paid. I ...
by catchup
Sun Nov 18, 2012 3:00 pm
Forum: Personal Consumer Issues
Topic: First Grade Philanthropist
Replies: 8
Views: 2297

Re: First Grade Philanthropist

Thanks for the kind words and for the tip.
by catchup
Sun Nov 18, 2012 2:47 pm
Forum: Personal Consumer Issues
Topic: First Grade Philanthropist
Replies: 8
Views: 2297

First Grade Philanthropist

My son Is 6 and came up with the idea of creating pajamas with his school mascot, selling them, and donating profits to a charity. Any ideas to help him out? Anyone have experience with clothing design, or ordering custom designed clothing? It would be a great project for him if we have the wherewit...
by catchup
Mon Aug 20, 2012 4:19 pm
Forum: Investing - Theory, News & General
Topic: The challenge with the David Swensen/Yale portfolio
Replies: 14
Views: 5584

Re: The challenge with the David Swensen/Yale portfolio

I seem to remember unconv success discusses option of tax free munis on taxable acct. Reits is 15% in one more recent iteration. Use of variable annuity for reits sounds like a good option. Ive been pleased with my swensen based portfolio. Tips and treasuries have done great and served their intende...