Search found 124 matches

by Bimmer
Mon Apr 09, 2018 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 208
Views: 22846

Re: Vangaurd Municipal Money Market VMSXX 1.39%

Says 1.40 on Vanguard web site now. Does that mean you expect this to drop going forward? Seems like all rates only going up, including some of my online savings accounts.
by Bimmer
Thu Apr 05, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 208
Views: 22846

Vanguard Municipal Money Market VMSXX 1.39%

Just noticed that Vangaurd Municipal Money Market VMSXX is up to 1.39%. In the 35% tax bracket, that is a tax-equivalent yield of 2.14%! This significantly beats the high rate online savings accounts I have at 1.8% and 1.6%. Is VMSXX FDIC insured? If not, should I worry about that? Thanks in advance...
by Bimmer
Tue Feb 20, 2018 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Replacement for Google Finance price quote function
Replies: 78
Views: 11658

Re: Replacement for Google Finance price quote function

Thank you The529Guy - the delayed quotes were a huge frustration for me, and your formula works great. I was even able to play with the numbers at the end of the string to get the day's percent change into another column so I can track the daily fluctuation of my portfolio. Finally may leave Morning...
by Bimmer
Fri Feb 02, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Size Premium Persists
Replies: 27
Views: 3388

Re: Larry Swedroe: Size Premium Persists

BTW, I think I attributed wrong - it's Mel's Unloved Mid-Caps!
by Bimmer
Fri Feb 02, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Size Premium Persists
Replies: 27
Views: 3388

Re: Larry Swedroe: Size Premium Persists

Well, that explains that about expense ratios! I will try to place an order today and see how far I get!

What about the mid-cap vs small-cap question?
by Bimmer
Fri Feb 02, 2018 12:11 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Size Premium Persists
Replies: 27
Views: 3388

Re: Larry Swedroe: Size Premium Persists

Two questions: (1) When I compare the performance of Vanguard Mid-Cap ETF VO to Small Index ETF IJS, the performance is extremely similar. Why doesn't anyone talk about Larry's unloved mid-caps anymore? The majority of my stock portfolio is split between Total Market (VTI) and Fidelity Extended Mark...
by Bimmer
Wed Oct 11, 2017 10:23 pm
Forum: Personal Consumer Issues
Topic: SUV options with 3 little kids
Replies: 57
Views: 4866

Re: SUV options with 3 little kids

Can't believe I'm saying this, but I am - +1 for Minivan.
by Bimmer
Wed Jul 19, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 34
Views: 5809

Re: Approaching major milestone, need cool-headed advice

OP, You are looking at 2 separate and independent decisions: 1) Sell the house and achieve Financial Independence status. 2) Retire and stop working. You can do (1) without (2). IMHO, you should sell the house and rent. Then, you have the financial resources to be FI. After that, you can pick and c...
by Bimmer
Fri Mar 31, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: 83b Election For Purchased Unvested Shares
Replies: 3
Views: 645

Re: 83b Election For Purchased Unvested Shares

Thanks for the responses: bsteiner: Unfortunately no, I cannot change the stock portion. We are told we are being paid all the proceeds in cash, and then must reinvest 1/3 of the original proceeds post-tax in the new stock. So the result is we pay tax on proceeds that we haven't exactly received or ...
by Bimmer
Thu Mar 30, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: 83b Election For Purchased Unvested Shares
Replies: 3
Views: 645

83b Election For Purchased Unvested Shares

Hello Bogleheads, hoping for some help with the following. My company in which I am a partner is being sold and merged with another company. As part of the transaction all of the partners of the old company have to agree to buy a significant amount of stock in the new company with part of our procee...
by Bimmer
Fri Mar 11, 2016 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for person with false "Alcoholic" diagnosis
Replies: 100
Views: 11301

Re: Life Insurance for person with false "Alcoholic" diagnosis

Drinking enough to need medical attention the next day is called binge drinking, and is one of the forms of alcoholism. The next time he does that, he could easily walk in front of a bus. The insurance company is trying to protect itself. Well, your first sentence is not true at all. But thanks for...
by Bimmer
Tue Feb 09, 2016 9:47 pm
Forum: Personal Consumer Issues
Topic: Managing kid's internet use
Replies: 48
Views: 6466

Re: Managing kid's internet use

I'm not an expert - have a 10 year old and just starting this myself. But I have been very impressed with Windows 10 and account management and put it on all our home computers. Allows me to have separate account for each family member, restricting anyone else from installing software on the compute...
by Bimmer
Sun Nov 29, 2015 12:15 am
Forum: Personal Consumer Issues
Topic: New Printer
Replies: 28
Views: 3126

Re: New Printer

I recently bought a Brother hl-3170cdw for light home use, with occasional moderate home use for work. Seems to work great, has a great sleep mode for energy savings when not in use, prints relatively fast, reliable so far. Cartridges are expensive but there are cheaper version on Amazon I plan to t...
by Bimmer
Tue May 26, 2015 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Solar Panels
Replies: 21
Views: 3157

Solar Panels

Trying to decide on whether to move forward with solar, and hoping for some advice. I live in Maryland. With 30% federal tax credit and Maryland credits, now is the time to consider and decide on moving forward. Lots of houses in our area have solar. For the sake of argument, please assume the follo...
by Bimmer
Sat May 16, 2015 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Day-Trading in my 529
Replies: 4
Views: 937

Re: Day-Trading in my 529

Thanks. Will look into those two options.

Any others that people know of?
by Bimmer
Sat May 09, 2015 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Day-Trading in my 529
Replies: 4
Views: 937

Day-Trading in my 529

Really just kidding about the subject, but wondering if there are any 529's with low cost Vanguard funds that you can control the date of investment. I currently have Virginia VEST 529, but when you submit money it posts the next week sometime. I would like to control the date the money actually inv...
by Bimmer
Sat Mar 08, 2014 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Taxes on Paying the Sitter
Replies: 3
Views: 967

Re: Taxes on Paying the Sitter

Let it go.
by Bimmer
Fri Nov 15, 2013 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: Home sale proceeds
Replies: 18
Views: 1578

Re: Home sale proceeds

Can I piggy-back on this thread and ask same question - for rate of 4.0 and 30 year mortgage? Similar money ranges though I also have a large taxable account. Also 3 young kids to put through college.

Thanks. Sorry for piggy-backing.
by Bimmer
Thu May 24, 2012 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit - Backdoor Roth
Replies: 59
Views: 16871

Re: IRS Audit - Backdoor Roth

I received similar notice last week that my response had been received. Today received the following notice: "Your 2010 Form 1040 inquiry is closed. Amount Due: $0.00" Ahhhh... relief. Thanks for all the responses and support. Thinking of sending my 5498 from this year in as an addendum to prevent a...
by Bimmer
Tue Mar 27, 2012 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit - Backdoor Roth
Replies: 59
Views: 16871

Re: IRS Audit - Backdoor Roth

First @ Ted, yes it was distribution code #2 as you described, so same scenario. Thanks. I called this a "backdoor Roth" because in all the years I contributed to my non-deductible IRA (including 2010) I was above the income limit for making a Roth contribution. In 2011 I made a contribution to my n...
by Bimmer
Mon Mar 26, 2012 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit - Backdoor Roth
Replies: 59
Views: 16871

Re: IRS Audit - Backdoor Roth

Thanks Ted. Would you mind giving the details of your 1099-R (without distribution amounts) to see if they are the same as mine? Mine: Box 1 = Gross Distribution Values = as listed above Box 2 = Taxable Amount = same value as box 1 Box 2b = Taxable amount not determined = "X" Box 4 = Federal Income ...
by Bimmer
Mon Mar 26, 2012 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit - Backdoor Roth
Replies: 59
Views: 16871

Re: IRS Audit - Backdoor Roth

Thanks Mel. I had a similar situation years ago where a hospital reported income it received under my name. Turned out to be not a big issue. So I'm not super-worried. But still a little nerve-wracking to get that thick envelope from the IRS saying you owe $18,000+ dollars!!
by Bimmer
Mon Mar 26, 2012 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit - Backdoor Roth
Replies: 59
Views: 16871

Re: IRS Audit - Backdoor Roth

Janet, Yes, I filed 8606 each year. Started contributing max to only non-dedictible IRA in 2007. Big market crash after! IRA #1 converted $26514, basis of $23,000, $3514 difference is taxable, $1757 in each of 2011 and 2012. IRA #2 converted $26038, basis of $23,000, $3038 difference is taxable, $15...
by Bimmer
Mon Mar 26, 2012 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Audit - Backdoor Roth
Replies: 59
Views: 16871

IRS Audit - Backdoor Roth

Received notice from IRA today that I "owe" taxes on amounts I did not include on my return. This involves approx $52,500 in money moved directly from non-deductible IRA to new Roth for my wife and I last year as "back-door Roths". Neither of us has any other IRA of any type. The "income" was report...
by Bimmer
Fri Feb 03, 2012 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Keep my car or buy new car?
Replies: 73
Views: 4333

Re: Keep my car or buy new car?

I agree your insurance rates will likely go down, better gas mileage, lower maintainance cost over 5 years. But you've forgotten to consider the biggest drawback of the trade - you'll have to drive an Elantra for 5 years. If that doesn't bother you, then go for it. However, I suspect there's a reaso...
by Bimmer
Sun Sep 25, 2011 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Cash Back Credit Cards
Replies: 53
Views: 7398

Fid Investment Rewards

We use Fidelity Investment Rewards American Express which gives 2% back on all purchases. My wife (who does food shopping) isn't focused enough to use different cards for different purchases, so this is easier. Of course you have to have a Fidelity investment account or IRA for this to make sense fo...
by Bimmer
Fri Sep 23, 2011 9:50 pm
Forum: Personal Consumer Issues
Topic: Cash appropriate for wedding gift?
Replies: 45
Views: 6744

Cash yes

Cash is definitely good. Best gifts I got. FWIW, $100 seems a little low to me as a best man, though I usually give $200 for me and my wife. That said, I'm a doctor and it also depends on your means, job, etc. If you can, you won't regret giving a little more. If you can't right now, your gift will ...
by Bimmer
Mon Sep 19, 2011 9:50 pm
Forum: Personal Consumer Issues
Topic: Anyone tried one of those all-in-one computers
Replies: 21
Views: 2369

HP

Got an HP all-in-one touch screen for my father-in-law and he's very happy with it. The touch screen seemed silly to me at the time, but he uses it. Now that I have an iPad and occasionally reach out to touch my laptop screen I realize it might not be so silly anymore!
by Bimmer
Tue Aug 23, 2011 12:27 am
Forum: Personal Consumer Issues
Topic: buying a plasma TV
Replies: 50
Views: 4266

Why Plasma

Why a plasma? I would get an LCD. Great picture quality, much lighter TV, less power consumption and heat.
by Bimmer
Wed Aug 10, 2011 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to replicate Total Stock Market at Fidelity?
Replies: 11
Views: 2002

Vti

I use VTI. A few bucks to buy then hold, hold, hold.
by Bimmer
Fri Jun 24, 2011 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Elder abuse ideas sought on my Father being scammed.
Replies: 37
Views: 5318

Update - The Car Dealer has reneged on his offer to eat the loss if the car was found. He now wants $12,000 to call the deal off, or wants us to buy another car off his lot and he will transfer the fees to the new car. The story is not over. Not sure of our next move. Police now believe the perps w...
by Bimmer
Tue Apr 05, 2011 12:05 am
Forum: Personal Consumer Issues
Topic: Favorite cheap, easy, quick at-home meal
Replies: 99
Views: 15261

hunger

Why am I so hungry all of the sudden?
by Bimmer
Tue Mar 22, 2011 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: What % equity in your home have you reached at age X
Replies: 90
Views: 9869

40%

40%, age 38 average me and wife, $640,000 purchase price. House may have appreciated somewhat.
by Bimmer
Mon Mar 14, 2011 2:00 am
Forum: Investing - Help with Personal Investments
Topic: Temporary low income
Replies: 8
Views: 1731

Roth

Yes, you do need income to put money into a Roth yourself. Find some way to get $5000 in earned income yourself - i.e. not from investments.
by Bimmer
Wed Feb 02, 2011 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Making payments on CC before statement, hurt anything?
Replies: 20
Views: 2658

no

No real problem with that, but you're losing the float and making more money for the credit card company. I do the opposite. I never pay before the statement comes. As soon as it comes I set an automatic bill payment with my bank to pay the bill in full the day before it is due. Then I enter the tra...
by Bimmer
Wed Feb 02, 2011 12:18 am
Forum: Personal Consumer Issues
Topic: what time do you go to sleep
Replies: 63
Views: 7981

I'm with Rob

I'm with Rob - average bed time about 2am. Not a sunrise person.
by Bimmer
Wed Dec 22, 2010 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Idiot Post
Replies: 5
Views: 1148

Bad bet

Clearly it was a bad bet - that's why I called myself an idiot! So I guess your suggestion is to do it now?!

Thanks.
by Bimmer
Wed Dec 22, 2010 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Idiot Post
Replies: 5
Views: 1148

Roth Conversion - Idiot Post

This is another "I'm an idiot" post. Sorry 'bout that, but... I've been placing money for my wife and myself into non-deductible tIRA's over the past 5 years (including early this year) with the intention of converting to Roths this year. We have no other IRAs. We are in the 33% tax bracket. I am 39...
by Bimmer
Wed Dec 01, 2010 3:43 am
Forum: Personal Consumer Issues
Topic: Would you report someone you suspect stealing
Replies: 34
Views: 4117

You are too nice. As soon as the door alarm goes off I spring into action. I've choked out at least 7 people on 6 different occasions. Don't ask questions, they'll just lie to you. Better to subdue them and launch the investigation afterwards. I'm no longer allowed in any Best Buys in the tri-state...
by Bimmer
Sat Oct 23, 2010 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Taylor
Replies: 138
Views: 22320

Best Wishes

Best wishes Taylor.
by Bimmer
Tue Oct 19, 2010 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - Am I missing something
Replies: 38
Views: 6813

Thanks

Thanks everyone for the responses. Both plans are Aetna Choice POS II - one is the PPO and the other is the HDHP/HSA. Coverages for in-network and out-of network look almost identical after the deductible is paid. Prescription drugs are $10 more per prescription, but very similar. I looked at the fo...
by Bimmer
Mon Oct 18, 2010 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: HSA - Am I missing something
Replies: 38
Views: 6813

HSA - Am I missing something

I am in a high tax bracket and overall, my family so far has used very little health care resources at this point - 3 preventive care visits this year and not much else. I am trying to decide PPO vs HSA. Cost per year for PPO = $5570 - Family deductible $400 - Out of Pocket Max = $2500 - 90% coverag...
by Bimmer
Sat Sep 04, 2010 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Do you leave maid tip in a motel?
Replies: 78
Views: 12397

I usually give a tip but it also depends on the length of my stay. I think the maid gives an extra effort when a tip is given. Also, I will most likely get extra towels and pillows, etc when i leave a tip. It also depends on the level of the hotel. You should definitely tip if you staying in a 5 st...
by Bimmer
Thu Sep 02, 2010 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Best Place to Hold 3-6 Months Expenses
Replies: 13
Views: 2698

Sallie Mae

I have Amex Online Savings and Clearsky Savings, both at 1.3%. I just saw a new Sallie Mae online savings account at 1.4%. I'm not moving yet, but may if the rates stay higher after a few months.
by Bimmer
Mon Aug 30, 2010 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Docs! Syndicated partnership with your hospital
Replies: 15
Views: 2482

Why won't your group pay?

Why wouldn't your group fund you to buy the shares? Seems like the biggest benefit is in securing/maintaining the contract. Or why won't your group agree to make you whole if there's some issue with loss of money of the shares over time.
by Bimmer
Mon Aug 02, 2010 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Home Insurance and Management Question
Replies: 6
Views: 1242

Bump

Bump. No takers?
by Bimmer
Fri Jul 30, 2010 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Home Insurance and Management Question
Replies: 6
Views: 1242

Home Insurance and Management Question

My parents transferred ownership of their home to their 3 children using a trust that just terminated. My parents will live in the house and pay all homeownership expenses as rent to their children, including property taxes, etc. According to the trust attorney: "The trust has terminated and no long...
by Bimmer
Wed Jun 09, 2010 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: American Express Bank 1.30% APY MM?
Replies: 14
Views: 2113

Clear Sky Accounts

I've been very happy with Clear Sky Savings account. No credit pulls, good service, though rate just dropped to 1.4%. Easily linked to by brokerage accounts so don't have to pass through BOA to get the money to Vanguard.
by Bimmer
Sat May 29, 2010 11:11 pm
Forum: Personal Consumer Issues
Topic: Who will win the NBA Championship?
Replies: 205
Views: 21805

Celtics

Celtics in 7. It's gonna be a grinder!!