Search found 217 matches

by CRTR
Mon Jun 10, 2019 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Where to Purchase Defined Benefit Plan
Replies: 13
Views: 1392

Re: Where to Purchase Defined Benefit Plan

I used the Solo DB plan at Schwab for 5 years and terminated it a a couple years ago. I also had a solo 401k at Etrade at the same time. I did it as a sole proprietor. I was able to save an average of ~$200k/year. It was a very positive experience. On the other hand, the fee was 50% of what it is no...
by CRTR
Mon Jun 10, 2019 8:42 am
Forum: Personal Investments
Topic: HSA investment advice
Replies: 25
Views: 2354

Re: HSA investment advice

Preserving principal with HSA, respectfully, is the wrong move. Generally, you want to have the assets with maximum expected growth rate in vehicles where such growth is tax free. This is the reason why you should prefer equities in Roth accounts and fixed income instruments in traditional tax-defe...
by CRTR
Mon Jun 10, 2019 8:34 am
Forum: Personal Investments
Topic: Sell gains in old allocation?
Replies: 2
Views: 307

Re: Sell gains in old allocation?

I wouldn’t pay taxes on 300k of gains. Robos usually have pretty cheap ETFs, so keeping them is not a huge expense on the er side. I would roll everything over in kind, and liquidate gradually to minimize cap gains. You don’t want to have Reits in a taxable account, they are very tax inefficient. 4...
by CRTR
Sat Jun 08, 2019 7:51 am
Forum: Personal Investments
Topic: Brokerages with no-transaction fees for Vanguard funds
Replies: 31
Views: 2062

Re: Brokerages with no-transaction fees for Vanguard funds

Are there any brokerages, other than Vanguard, that offer Vanguard funds with no transaction fees to buy and sell those Vanguard funds? I ask because I have a significant amount invested in different Vanguard funds (mutual funds and Vanguard ETFs), which I currently hold in a Vanguard brokerage acc...
by CRTR
Wed May 29, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Deferring taxable income for ACA
Replies: 10
Views: 447

Re: Deferring taxable income for ACA

I am going through the same thought process due to similar increases in my ACA-compliant plan. My premium went from $303/month, $2750 deductible to $787, $7000 deductible . . . ouch. In addition, I'm also wrestling with the effect of losing 5 years for Roth conversions (most of my savings are in IRA...
by CRTR
Wed May 29, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: DIY amendment to Trust?
Replies: 26
Views: 2226

Re: DIY amendment to Trust?

My father did the same thing (template) and wrote his own amendments. We had no problems with the trust even though it was contested by my half-sister. His changes withstood the assault. That being said, I was VERY nervous going through the process because I shared many of the concerns mentioned ab...
by CRTR
Mon May 13, 2019 5:43 pm
Forum: Personal Investments
Topic: NewRetirement and Planner Plus
Replies: 4
Views: 905

Re: NewRetirement and Planner Plus

Thanks for posting. Didn't know there was a PLUS.

I'll check it out. The basis option was pretty spot on for me.
by CRTR
Mon May 13, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Time to create a Living Will and Revocable living Trust?
Replies: 1
Views: 349

Re: Time to create a Living Will and Revocable living Trust?

A will, yes! As for the trust, that's more complicated. Depends on what's in your estate and where you live. In California, probate is so expensive and cumbersome that the expense of a trust is money well-spent. The only thing in our trust is our house. Some states allow TOD-deeds for real estate . ...
by CRTR
Mon May 13, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: DIY amendment to Trust?
Replies: 26
Views: 2226

Re: DIY amendment to Trust?

I have previously used an attorney to create and amend my revocable living trust. Previous Amendment was to change beneficiaries. I am thinking of drafting another Amendment myself, again to change the beneficiary designations, using the previous Amendment as a template. I am a California resident....
by CRTR
Mon May 13, 2019 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Hoping a quick S-Corp question . . .
Replies: 9
Views: 814

Re: Hoping a quick S-Corp question . . .

Just an FYI, I spoke to my collections person today. She says money from various settlements, including estate settlements after death, often come in for 10+ years. gasdoc lol, I guess I won't be getting much sympathy for receiving an income stream in retirement but, honestly, I don't need the $$ a...
by CRTR
Mon May 13, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know of anyone who has used this tax saving strategy?
Replies: 28
Views: 3558

Re: Do you know of anyone who has used this tax saving strategy?

I’ll take the ‘step transaction doctrine’ for 1,000 Alex. This. My personal standard for tax issues is that I'm willing to do anything I'd be comfortable explaining to an auditor. This, I would not. I’ve argued step transaction in many tax schemes, but this isn’t one of them. It is perfectly legiti...
by CRTR
Sun May 12, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Hoping a quick S-Corp question . . .
Replies: 9
Views: 814

Re: Hoping a quick S-Corp question . . .

Thanks very much for the thoughtful responses and the "bump"! I'm guessing there won't be a 1099 generated as the money was from a 10+ year backlog of lien cases against a single comp carrier (I didn't think I was ever going to see a cent for those). I'm just gonna deposit it and see what happens. I...
by CRTR
Sun May 12, 2019 9:08 am
Forum: Personal Investments
Topic: Moving a lump of cash into Stocks/Bonds over time or all at once
Replies: 14
Views: 1302

Re: Moving a lump of cash into Stocks/Bonds over time or all at once

Almost universally, everything I've read argues for lump sum. The other posters raise a good point, however, in that it can be a bit of an emotional roller coaster. Here's a couple links for you: https://www.aaii.com/journal/article/should-you-dollar-cost-average-or-lump-sum-invest https://awealthof...
by CRTR
Sun May 12, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Pension-Annuity or Lump dilemma
Replies: 12
Views: 967

Re: Retirement Pension-Annuity or Lump dilemma

Take the annuity if at all possible, the 50% to survivor option. You already have plenty of tax-deferred savings; it's time now to focus on income. And by taking the 50% survivor option, you avoid the nasty problem of surviving spouse being in higher tax bracket with excessive income... +1 as long ...
by CRTR
Sun May 12, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Using my Cell Phone in England
Replies: 47
Views: 2200

Re: Using my Cell Phone in England

Verizon phones are unlocked and can take a SIM. When doing so, you get a new phone number. If you use Whatsapp for international texting, you can still use your old number/account. My GF is French and we go there every year for ~10 days. $200 for the Verizon daily rate (2 PHONES) or $140 for monthly...
by CRTR
Sun May 12, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Costco Finance and it’s lenders (Consumer Direct)
Replies: 24
Views: 3338

Re: Costco Finance and it’s lenders (Consumer Direct)

Ouch! Yeah, I am not feeling like I trust the 3.99 that was quoted to me today. It turns out my credit scores (they take the middle of the three, which was 733) is just under the Excellent level, unfortunately, but the other established brick & mortar lender offered me 4.375. Does that sound like a...
by CRTR
Sun May 12, 2019 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Costco Finance and it’s lenders (Consumer Direct)
Replies: 24
Views: 3338

Re: Costco Finance and it’s lenders (Consumer Direct)

So, I used a Costco lender and had a terrible experience and Costco did NOT help. In 2011, I bought an investment property/condo. It was a short sale (first and second mortgage outstanding) and, it follows, there were a lot of related hassles in closing. I received ~4 GFE from various lenders (3 non...
by CRTR
Sat May 11, 2019 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Hoping a quick S-Corp question . . .
Replies: 9
Views: 814

Hoping a quick S-Corp question . . .

Thank you, in advance, to anyone who can help. I'm not sure what to do with my situation. I'm a retired MD and stopped practicing in mid 2017. I dissolved my single owner S-Corp in December 2017. I waited the extra ~6 months so the residual AR had time to clear. I supposedly followed all the rules f...
by CRTR
Wed Apr 10, 2019 3:45 pm
Forum: Personal Investments
Topic: Edward Jones CDs
Replies: 17
Views: 2259

Re: Edward Jones CDs

I am considering using Edward Jones as an online bank specifically for CDs. Anyone have experience or advice regarding this? I am curious how easy it might be to do all transactions online without phone calls, in person visit or credit thawing. I wouldn't for the simple reason that much better rate...
by CRTR
Sat Feb 23, 2019 4:36 pm
Forum: Personal Investments
Topic: No emergency fund?
Replies: 51
Views: 3832

Re: No emergency fund?

Personally, I believe the key is to have an Emergency Plan, a predetermined course to take if one faces an unexpected situation, that will vary depending on one's situation/needs. This Plan may or may not indicate the need for an Emergency Fund. +1 Never had a traditional EF. I kept a HELOC open fo...
by CRTR
Sat Feb 23, 2019 4:25 pm
Forum: Personal Investments
Topic: ST Cash Instrument - ICHS?
Replies: 10
Views: 718

Re: ST Cash Instrument - ICHS?

Merrill and Etrade make significant money not permitting use of money market account as a core account. The bank rate accounts they provide yield next to zero interest. I use ICHS and MINT. Works fine but will probably fluctuate some in the event of a crisis. I wouldn't use FLOT for this purpose - ...
by CRTR
Sat Feb 23, 2019 3:56 pm
Forum: Personal Investments
Topic: Playing it safe: How many years of living expenses near retirement?
Replies: 39
Views: 4982

Re: Playing it safe: How many years of living expenses near retirement?

I think -- though I could be wrong -- the OP is asking a question similar to another thread https://www.bogleheads.org/forum/viewtopic.php?f=1&t=273762. There are a few "experts" out there advocating this approach. I have never seen formally investigated and validated. The most common belief in thi...
by CRTR
Sat Feb 23, 2019 3:53 pm
Forum: Personal Investments
Topic: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?
Replies: 49
Views: 4513

Re: Why Not 5 years of Expenses in Fixed Income, Remainder in Equities?

There are quite few "experts" out there recommending a similar approach. For example, it is one of the basic premises in James Cloonan's (www.aaii.com) book, Level3 Investing. The thinking is outside the box of conventional thinking (nicely illustrated by Klangfool above). Kitces has touched on this...
by CRTR
Sat Feb 23, 2019 3:30 pm
Forum: Personal Investments
Topic: Playing it safe: How many years of living expenses near retirement?
Replies: 39
Views: 4982

Re: Playing it safe: How many years of living expenses near retirement?

I think -- though I could be wrong -- the OP is asking a question similar to another thread https://www.bogleheads.org/forum/viewtopic.php?f=1&t=273762. There are a few "experts" out there advocating this approach. I have never seen formally investigated and validated. The most common belief in this...
by CRTR
Wed Feb 20, 2019 4:44 pm
Forum: Personal Investments
Topic: Hourly fee-based advisor?
Replies: 32
Views: 2215

Re: Hourly fee-based advisor?

Alan Roth
https://daretobedull.com/

https://www.forbes.com/sites/baldwin/20 ... 2efe563e1d

He's ONLY ever been hourly. Very Boglehead-like in his approach.
by CRTR
Wed Feb 13, 2019 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Wife has accumulated $90K in debt - Advice sought...
Replies: 42
Views: 5662

Re: Wife has accumulated $90K in debt - Advice sought...

One other possible thing to consider if you're not ready to toss in the towel yet: there are LMFTs that specialize in Financial Therapy. She might be more receptive to recommended interventions if they are from an "impartial" third party/professional.
by CRTR
Wed Feb 13, 2019 9:57 pm
Forum: Personal Investments
Topic: Advice on our portfolio
Replies: 2
Views: 433

Re: Advice on our portfolio

I don't mean to sound overly paranoid, but this is the internet after all. If the first names are your actual names, there's an awful lot of personal information such that someone with nefarious intent may be able to deduce your identities. You might want to edit your post to substitute other names...
by CRTR
Wed Feb 13, 2019 12:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard "secret" funds
Replies: 35
Views: 6941

Re: Vanguard "secret" funds

lol, another Dan Wiener thread. If you type his name in the search box, you will find a ton of material discussing his opinions. In a nutshell, there are no "secret funds". He advocates for actively managed funds over index funds. His previous Growth portfolio recommendations have included heavy sli...
by CRTR
Mon Feb 11, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: HELOC issues
Replies: 18
Views: 1641

Re: HELOC issues

You may also wish to consider 1) a portfolio loan (using stocks as collateral rather than the property), 2) 401k loan. Obviouis risks with both, but perhaps easier, better for the short term than banging your head against the wall of a conventional HELOC or failing to complete the renovation. +1
by CRTR
Fri Feb 01, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why Do Fund Performance Stats on Vanguard.com not match those from independent sources?
Replies: 17
Views: 844

Re: Why Do Fund Performance Stats on Vanguard.com not match those from independent sources?

I don't see how I can be more clear. Please tell me what dates you read on the links you linked. Also note that "prices" are not performance numbers. For more performance numbers, see Morningstar.com. If one glances at the 10 year trailing returns on Yahoo, Vanguard and Morninstar sites, you will w...
by CRTR
Fri Feb 01, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using https://www.maxmyinterest.com?
Replies: 12
Views: 1572

Re: Anyone using https://www.maxmyinterest.com?

If I were her, as a high net worth individual, Id be concerned that my Financial advisor was subcontracting out his responsibilities at the cost of .08% per year. Why can't the FA find accounts that are within .08% of the max available? Also in the FAQ they say they "attempt" to gather all of your ...
by CRTR
Fri Feb 01, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Anyone using https://www.maxmyinterest.com?
Replies: 12
Views: 1572

Re: Anyone using https://www.maxmyinterest.com?

Seems like a lot of risk and trouble to get another few tenths of a percent of a small portion of my portfolio. Id be very weary of my money bouncing around. Also their max advertised rate is no better than the Vanguard Prime MM right now. Thanks for your thoughts about money bouncing around. It br...
by CRTR
Fri Feb 01, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Anyone using https://www.maxmyinterest.com?
Replies: 12
Views: 1572

Anyone using https://www.maxmyinterest.com?

Heard about this site from a good friend. Her FA uses it for her cash management. If i understand correctly, it acts as an intermediary among a network of banks. They don't actually hold your cash but automatically shuttle your money to the institution paying the highest interest rate. They monitor ...
by CRTR
Wed Jan 23, 2019 9:02 pm
Forum: Personal Investments
Topic: Merrill Edge best choice for higher net worth accounts?
Replies: 81
Views: 15762

Re: Merrill Edge best choice for higher net worth accounts?

Considering moving my money over from Vanguard to Merrill Edge. I love Vanguard, but for accounts over 1,000,000 you don't really get any benefits from it. Their website has been a little clunky for me and I've heard their customer service isn't the best. With ME edge I'll have access to all Vangua...
by CRTR
Mon Jan 21, 2019 6:29 pm
Forum: Personal Investments
Topic: Emergency Savings
Replies: 24
Views: 2202

Re: Emergency Savings

There's a little better way to accomplish the above than simply keeping the emergency funds in a taxable account. It does require a bit extra thought and effort but it is better mathematically. It has been discussed on here a number of times. Here is the wiki link: https://www.bogleheads.org/wiki/Pl...
by CRTR
Mon Jan 21, 2019 10:25 am
Forum: Personal Investments
Topic: Solo 401k - fidelity vs. vanguard
Replies: 28
Views: 3809

Re: Solo 401k - fidelity vs. vanguard

If you are going to accuse someone of being misinformed. You might want to be better informed yourself. Such as the fact that my post was five months before Vanguard started allowing Admiral Shares in their Individual 401k. sorry, my mistake. I didn't check the date. that'll teach me to read these ...
by CRTR
Mon Jan 21, 2019 2:20 am
Forum: Personal Investments
Topic: Solo 401k - fidelity vs. vanguard
Replies: 28
Views: 3809

Re: Solo 401k - fidelity vs. vanguard

No, it is not a no brainer to use Vanguard's Individual 401k just because you have other accounts at Vangurd. The increased cost of Investor Shares vs. Admiral Shares is not insignificant on larger one-participant 401k plans. In addition to not accepting rollover contributions, Vangurd does not all...
by CRTR
Wed Jan 16, 2019 11:21 pm
Forum: Personal Investments
Topic: Balanced investment for my HSA?
Replies: 3
Views: 367

Re: Balanced investment for my HSA?

I just made the same exact move. Did the paperwork this evening.

You might also consider iShares Core Growth Allocation ETF (AOR). It's transaction free, approximately a 60/40 global allocation, ER 0.25%.
by CRTR
Wed Jan 16, 2019 7:20 pm
Forum: Investing - Theory, News & General
Topic: Does Microcap add diversification to Total Stock Market Index fund?
Replies: 20
Views: 1944

Re: Does Microcap add diversification to Total Stock Market Index fund?

In my opinion and experience, yes. In my own portfolio, I've had a sizeable stake in BRSIX for over 20 years. Though I had a higher allocation than most people on this board would recommend, I've been very well-served by it. I'm not advocating my portfolio just pointing out that with the microcap ex...
by CRTR
Wed Jan 16, 2019 4:20 pm
Forum: Personal Investments
Topic: Retirees: Timing your withdrawals
Replies: 45
Views: 4823

Re: Retirees: Timing your withdrawals

Once at the end of the year works for me. That way money stays invested tax advantaged for the year. The best part is you can have your entire tax for the year deducted from this end of the year payment so your tax also stays invested for the year. Tax deducted with this method is considered as pay...
by CRTR
Wed Jan 16, 2019 1:34 pm
Forum: Personal Investments
Topic: TD Ameritrade Money Market Options
Replies: 72
Views: 10053

Re: TD Ameritrade Money Market Options

Saw this post and thought I'd see if I could help. I sent an email, requesting a list of NTF Money Market mutual funds because I was unable to find that info on their site. For fun I checked Etrade, Schwab and Vanguard. I easily completed the search online with Etrade. Couldn't do it with either Sch...
by CRTR
Mon Jan 14, 2019 1:24 am
Forum: Personal Investments
Topic: low volatility funds in a Roth IRA
Replies: 13
Views: 1144

Re: low volatility funds in a Roth IRA

“The empirical evidence for low volatility is very fragile,” he says. “Fifteen of the 16 volatility measures we looked at don’t work using the broadest sample of stocks.”" https://bic.financial-planning.com/articles/professor-has-some-questions-about-your-index-funds-nir-kaissar You can pull his pap...
by CRTR
Sun Jan 13, 2019 7:14 pm
Forum: Personal Investments
Topic: Vanguard PRIMECAP and Capital Opportunity
Replies: 59
Views: 7118

Re: Vanguard PRIMECAP and Capital Opportunity

As others noted, both are closed to new investors, unless you have Flagship (I know this is the case for PRIMECAP, not sure about Flagship access for Capital Opportunity). Some also have access through their 401k's. PRIMECAP also runs its own family of funds, called Odyssey. There are three, each a...
by CRTR
Sun Jan 13, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What's your experience upgrading to Quicken 2018 or 2019?
Replies: 41
Views: 2311

Re: What's your experience upgrading to Quicken 2018 or 2019?

Interesting. Not one person has listed any improvements in functionality. That's also what I'm interested in (Quicken 2016 user). No plans to upgrade at this point. For those that bought Quicken 2017 ( on CD, no downloads from www.bobhassoftware.com - made up name), where did you find a good deal? ...
by CRTR
Sun Jan 13, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax and MAGI Question
Replies: 3
Views: 426

Re: Turbo Tax and MAGI Question

In the future, why not perform a Backdoor Roth contribution every year? Assuming you don't have other accounts that would interfere, it sidesteps the whole MAGI limits issue and allows for contribution in January of the tax year (12 months earlier). The downsides, of course, are that it adds one ste...
by CRTR
Sat Jan 12, 2019 11:47 pm
Forum: Personal Investments
Topic: Dip into taxable account to fund Roths and medical expenses?
Replies: 5
Views: 542

Re: Dip into taxable account to fund Roths and medical expenses?

Keeping 100% stocks in a taxable account, as emergency fund, is not unreasonable if it is part of a larger strategy. I can think of a couple ways to do it safely. Here is one example:

https://www.bogleheads.org/wiki/Placing ... ed_account
by CRTR
Sat Jan 12, 2019 11:44 pm
Forum: Personal Investments
Topic: Dip into taxable account to fund Roths and medical expenses?
Replies: 5
Views: 542

Re: Dip into taxable account to fund Roths and medical expenses?

If you do not have big gains, moving a taxable dollar of Total US to a Roth dollar of Total US is a good trade. Even if you do have big gains, it's still worth doing. You will pay tax on the gains in your taxable account at some time, but by moving the money to a Roth IRA, you avoid the tax on futu...
by CRTR
Tue Jan 08, 2019 10:20 pm
Forum: Personal Investments
Topic: Blackrock - 3 Funds to Match Total Market
Replies: 6
Views: 597

Re: Blackrock - 3 Funds to Match Total Market

Thanks for your input. Is there a reason why you referred to these funds as Russell? I made an educated guess about the Mid Cap fund. I couldn't find the fund, as listed, on the Blackrock website and didn't know the ticker. So I searched the SEC site and found this: https://www.sec.gov/Archives/edg...
by CRTR
Tue Jan 08, 2019 7:43 pm
Forum: Personal Investments
Topic: Blackrock - 3 Funds to Match Total Market
Replies: 6
Views: 597

Re: Blackrock - 3 Funds to Match Total Market

hmmm . . . kind of interesting that they chose fund offerings that track different benchmark families. The Russell Mid Cap index contains the 800 smallest companies in the Russel 1000. The Russell 1000 is similar to the SP500. By buying the Mid-cap and the SP500 funds, you duplicate the mid cap expo...
by CRTR
Mon Dec 31, 2018 1:21 pm
Forum: Personal Investments
Topic: ITOT versus VTSAX
Replies: 33
Views: 4889

Re: ITOT versus VTSAX

This is a comical amount of time and energy put into a single basis point difference. There are probably dozens of other things you could be doing to optimize your investments/finances that are more valuable than this debate. ITOT is fine. IT's even more comical given that VTSAX IS AVAILABLE AT ETR...