Search found 152 matches

by happysteward
Sun Sep 15, 2019 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Creating an amortization mortgage loan schedule in excel
Replies: 10
Views: 965

Re: Creating an amortization mortgage loan schedule in excel

here is mine...check a few permutations against the calculators but it is pretty simple and I think it is what you were looking for...
by happysteward
Sun Sep 15, 2019 6:59 am
Forum: Investing - Theory, News & General
Topic: I hesitate to post this (the sky is falling again on BND) but...
Replies: 28
Views: 4221

Re: I hesitate to post this (the sky is falling again on BND) but...

Read the article, thanks...BBB bonds are ~17% of the total of BND...this was worded a bit strange in the article...”50% of the "investment grade" debt is among BBB bonds”...

Remember reading a lot of these articles 5 years ago...I’m staying put in VBTLX (Admiral shares of BND)
by happysteward
Sun Sep 01, 2019 12:19 pm
Forum: Investing - Theory, News & General
Topic: Child tax credit (CTC)
Replies: 4
Views: 415

Re: Child tax credit (CTC)

Oh maybe I see....looked at the link again...

“You may treat a child who was born ... as having lived with you for more than half of 2018 if your main home was the child’s main home ... for more than half of the time ...in 2018.”
by happysteward
Sun Sep 01, 2019 12:13 pm
Forum: Investing - Theory, News & General
Topic: Child tax credit (CTC)
Replies: 4
Views: 415

Re: Child tax credit (CTC)

This link says...”Generally, a child must live with you in the United States for more than half of the tax year to be a qualifying child.”...which suggests to me that my grandchild will not qualify...am I missing something on the link?
by happysteward
Sun Sep 01, 2019 8:20 am
Forum: Investing - Theory, News & General
Topic: Child tax credit (CTC)
Replies: 4
Views: 415

Child tax credit (CTC)

Hi friends, Just had my first grandchild and was wondering about the new tax laws, I remember back when that if your child was born before midnight on December 31 you got an exemption for the year...but now those personal exemptions are gone, however...seems like there is now a credit (CTC) availabl...
by happysteward
Tue Jul 30, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Storing documents--- trust, will, etc.
Replies: 22
Views: 2130

Re: Storing documents--- trust, will, etc.

Originals with law firm, paper copies at home and digital copies (for anytime anywhere access) in my password protected cloud account
by happysteward
Sun Jul 07, 2019 2:44 pm
Forum: Personal Investments
Topic: IRA Deductability
Replies: 3
Views: 342

Re: IRA Deductability

Thanks very much!!!!, extremely helpful
by happysteward
Sun Jul 07, 2019 12:42 pm
Forum: Personal Investments
Topic: IRA Deductability
Replies: 3
Views: 342

IRA Deductability

Hi Friends, My son and daughter in law file "married filing jointly". My son participates in his 401(k) at work but my daughter in law does not have a retirement plan at work so obviously cannot participate. She would like to do a tIRA and asked me if it would be deductible... If I go to the IRS ins...
by happysteward
Tue Jun 25, 2019 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance when loaning car
Replies: 10
Views: 1045

Insurance when loaning car

Hi friends, My son and daughter in law live in New York city and have no car, they are planning to drive to Vermont for a vacation but rental car prices are nuts, we are discussing loaning our car to them for the week, they are about 30 years old, they have valid licenses and I trust them. Our car h...
by happysteward
Thu Jun 13, 2019 3:10 pm
Forum: Personal Investments
Topic: Social Security Retirement Age
Replies: 20
Views: 3628

Social Security Retirement Age

My official SS statement says this

At full retirement age (66 and 10 months) $3,000 month
At age 70 $3,785 month
At early retirement age (62) $2,108 month

For planning purposes can I interpolate between these ages if say I retire at 63, or 67 ? Is that how it works?
by happysteward
Wed Jun 12, 2019 6:47 pm
Forum: Personal Consumer Issues
Topic: Fixing financial "leakage" - what do you do?
Replies: 23
Views: 3578

Re: Fixing financial "leakage" - what do you do?

I have been working on reducing expenses in my retirement portfolio
by happysteward
Fri Jun 07, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Social Security Question
Replies: 15
Views: 1299

Re: Social Security Question

I am planning on taking SS in or around 2024... in my plans I am assuming I will get 85% of what my statement says and I am planning on 85% the income from SS being taxed...
by happysteward
Sat Jun 01, 2019 8:08 am
Forum: Personal Investments
Topic: Hidden Fees? Can You Help Me Find Them?!
Replies: 29
Views: 2401

Re: Hidden Fees? Can You Help Me Find Them?!

Good catch silk, sorry OP, missed that...
by happysteward
Sat Jun 01, 2019 7:46 am
Forum: Personal Investments
Topic: Hidden Fees? Can You Help Me Find Them?!
Replies: 29
Views: 2401

Re: Hidden Fees? Can You Help Me Find Them?!

If the 40 basis points are truly not being incurred by you explicitly on your statements it is possible your employer is paying them or there is some kind of revenue sharing happening thru the investments on your plan menu. I had this going on in a previous plan I had, see below... Hi fellow Boglehe...
by happysteward
Sat Jun 01, 2019 7:31 am
Forum: Personal Investments
Topic: Hidden Fees? Can You Help Me Find Them?!
Replies: 29
Views: 2401

Re: Hidden Fees? Can You Help Me Find Them?!

Looks like you are paying 40 basis points (0.4%) administrative fees on your assets, assuming less than $100k, the fee goes down from there if you have more. This fee should show up on your statement, look again, carefully. Of course you are also incurring expense ratios on your investments, but loo...
by happysteward
Mon May 20, 2019 7:03 am
Forum: Investing - Theory, News & General
Topic: 401(K) presentation - are actively managed funds appropriate?
Replies: 19
Views: 1523

Re: 401(K) presentation - are actively managed funds appropriate?

Thanks to all for the posts...I am still looking for substantive reasons to include actively managed funds...there may be "people who prefer" these funds in my company...active funds may not "be that bad performance wise"..."not all active funds are high expense"...but as someone responsible these a...
by happysteward
Wed May 15, 2019 6:45 am
Forum: Investing - Theory, News & General
Topic: 401(K) presentation - are actively managed funds appropriate?
Replies: 19
Views: 1523

401(K) presentation - are actively managed funds appropriate?

Hello boglehead friends, As a fiduciary on my company 401(k) I am uncomfortable with our menu offering active fund choices. I do not think this is in our employees best interest. Below is my justification to at least start the discussion. The justification is one question and three points. Would lov...
by happysteward
Tue May 14, 2019 6:43 am
Forum: Personal Investments
Topic: Ticker symbols for indices
Replies: 3
Views: 336

Ticker symbols for indices

I want to track a few investments for my 401(k) committee work against these indices that SPIVA uses...“S&P 500 growth”, “S&P 500”, and “S&P 500 value”...I want to use M* but I can’t get a ticker symbol that works? I could probably use a proxy but would like to track against the actual indices, wher...
by happysteward
Sat May 11, 2019 11:04 am
Forum: Personal Consumer Issues
Topic: Brother in law using our address
Replies: 12
Views: 1764

Brother in law using our address

My brother in law is in , let’s say, a transitionary period of life, no job, renting a place he can’t afford, generally not dependable in many spheres. Entering into this phase he needed a forwarding address for his mail, and with permission he used and continues to use our address for forwarding hi...
by happysteward
Fri May 10, 2019 6:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Wellington and Wellsley over the last 20 years
Replies: 60
Views: 7790

Re: Vanguard Wellington and Wellsley over the last 20 years

“BND is BBB”.....M* says the average credit rating in BND is AA
by happysteward
Wed Apr 17, 2019 6:33 am
Forum: Personal Investments
Topic: How often do you check up on your investments?
Replies: 35
Views: 2502

Re: How often do you check up on your investments?

I was checking too much and tinkering, because of BH I have disciplined myself to only look and perhaps rebalance quarterly, been good for me personally and for my portfolio.
by happysteward
Thu Apr 11, 2019 6:54 am
Forum: Investing - Theory, News & General
Topic: Did I read this correctly? SS and your AA
Replies: 36
Views: 4376

Re: Did I read this correctly? SS and your AA

Another factor to consider is the wealthier you are the more your SS taxed, I do my fathers taxes and still find this incredible. So maybe...

Expenses - Income (includes AFTER TAX SS) = Gap
by happysteward
Fri Apr 05, 2019 7:05 pm
Forum: Personal Investments
Topic: 401k wrap fee
Replies: 3
Views: 352

Re: 401k wrap fee

Just got more info from my friends via his HR department...I explained it to him with this paragraph... Investment expense ratio....0.15% or 15 basis points (from your chosen investments) Record keeping fees... 0.12% or 12 basis points (from your HR email) Wrap fee...0.012% or 1.2 basis points (from...
by happysteward
Fri Apr 05, 2019 4:49 pm
Forum: Personal Investments
Topic: 401k wrap fee
Replies: 3
Views: 352

401k wrap fee

As background I understand 401k s have three types of expenses.... ...the expense ratio of the investment/investments chosen (mine is a weighted average of 0.15% or 15 basis points) ...the expense ratio of the required financial advisor (mine is 0.25% or 25 basis points) ...the expense ratio of the ...
by happysteward
Fri Mar 15, 2019 6:44 am
Forum: Investing - Theory, News & General
Topic: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"
Replies: 26
Views: 2439

Re: "Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing"

Thanks Old_Dollar,

I am always amazed when I see this data...why do people still use active management....

Has the SPIVA data come out for this year?
by happysteward
Mon Feb 11, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Should/Could I semi-retire now, and question about medical insurance until 65?
Replies: 18
Views: 1465

Re: Should/Could I semi-retire now, and question about medical insurance until 65?

run your numbers at firecalc.com, test different assumptions, and see the reults...it is purely a number crunching exercise but for me at least very helpful...
by happysteward
Mon Feb 11, 2019 8:45 am
Forum: Personal Investments
Topic: FIRE? Need second pair of Bogle-eyes for retirement plan
Replies: 22
Views: 2789

Re: FIRE? Need second pair of Bogle-eyes for retirement plan

firecalc.com gives you a 90%+ chance of success based on my interpretation of the data you provided...I chose what I consider to be a very generous spending pattern over 30 years...you should learn this online tool yourself and make a judgement...

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by happysteward
Sat Feb 09, 2019 1:34 pm
Forum: Personal Investments
Topic: Am I retirement ready?
Replies: 63
Views: 8122

Re: Am I retirement ready?

firecalc.com says yes at 100% success rate (with my assumptions for you). You should run yourself....

Image
by happysteward
Thu Feb 07, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: 62, unemployed, social security or unemployment?
Replies: 11
Views: 1431

Re: 62, unemployed, social security or unemployment?

Thanks ontrack2020...this is true and this is in fact what he is doing
by happysteward
Thu Feb 07, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: 62, unemployed, social security or unemployment?
Replies: 11
Views: 1431

Re: 62, unemployed, social security or unemploymnet?

updated original post to answer cheesebreath...he can only stay where he is for another month...
by happysteward
Thu Feb 07, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: 62, unemployed, social security or unemployment?
Replies: 11
Views: 1431

62, unemployed, social security or unemployment?

My BIL has had a pretty good work history but was laid off a few months ago, he is 62, has some savings in an IRA (rolled over from his 401(k). He has tried finding a place to live but apparently an income stream is required, he was hoping his savings would be enough to successfully get an apartment...
by happysteward
Wed Feb 06, 2019 9:36 pm
Forum: Personal Investments
Topic: 401K fees
Replies: 11
Views: 755

Re: 401K fees

My 401(k) administrative costs are 40 basis points (17 for the financial advisor and 23 for the recordkeeper)
by happysteward
Sun Jan 27, 2019 8:23 pm
Forum: Personal Investments
Topic: REIT Placement and %
Replies: 5
Views: 649

Re: REIT Placement and %

VTSAX (Vanguard Total Stock Market Index Admiral) has 3.79% Real Estate holdings
by happysteward
Sun Jan 13, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: Opinion: Half of investment-grade bonds are only one step away from junk status
Replies: 23
Views: 2742

Re: Opinion: Half of investment-grade bonds are only one step away from junk status

I made the decision that I wanted quality in my bond allocation (VBTLX), corporate bonds (VCIT) were not good enough for me...made the change to VBTLX a while back (see graphic)...was willing to give up yield in my bonds and focus my risk on the stock side.... To the OP...thanks for the post and art...
by happysteward
Thu Jan 03, 2019 1:36 pm
Forum: Personal Investments
Topic: Funds Expenses
Replies: 8
Views: 378

Re: Funds Expenses

In an effort to understand the two basic expense structures for 401(K) plans I have attached the following drawing. It helped me a lot and I I hope it helps your understanding as to how the various players in every 401(K) get paid. The three players are the recordkeeper, the financial advisor and th...
by happysteward
Mon Dec 31, 2018 4:26 pm
Forum: Investing - Theory, News & General
Topic: YTD returns for indices
Replies: 5
Views: 676

Re: YTD returns for indices

Perfect, never looked there! Thanks @livesoft

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by happysteward
Mon Dec 31, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: YTD returns for indices
Replies: 5
Views: 676

Re: YTD returns for indices

Hi livesoft, If I go to M* “growth of 10k” charts and expand the chart and pick ytd...as shown below...two questions... Does it show me somewhere where the ytd return is ? I could be looking right at it and just not seeing it...(I could pick the beginning and end point and do the math, in this case ...
by happysteward
Mon Dec 31, 2018 2:07 pm
Forum: Investing - Theory, News & General
Topic: YTD returns for indices
Replies: 5
Views: 676

YTD returns for indices

Could some one point me to a comprehensive site where I could go to see ytd returns for various indices...here is the catch, I would like to see the YTD returns with dividends reinvested alongside the YTD returns without dividends reinvested...

Thanks !
by happysteward
Mon Dec 31, 2018 11:30 am
Forum: Personal Investments
Topic: Proxy For TSP “I” Fund please
Replies: 8
Views: 823

Proxy For TSP “I” Fund please

Seems like the proxies for TSP I fund (VIDMX, FSIVX) suggested in the WIKI are not available -- at least to M*...appreciate any help...

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by happysteward
Mon Dec 24, 2018 4:32 pm
Forum: Personal Investments
Topic: Anyone rebalancing?
Replies: 36
Views: 2564

Re: Anyone rebalancing?

are_cynic wrote:
Mon Dec 24, 2018 4:22 pm
vineviz wrote:
Mon Dec 24, 2018 3:08 pm
My accounts have had enough inflows this year that I haven’t had to sell bonds, but I’ve definitely been buying lots of equines this month.
I believe that betting on horses would be classified as speculating. Unless it’s in your IPS, in which case it’s fine.
:D
by happysteward
Mon Dec 24, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: What’s your TLH Strategy [Tax Loss Harvest]
Replies: 42
Views: 2896

Re: What’s your TLH Strategy

Well my strategy is not the best, I do my taxes prior to the end of the tax year and then work hard to reduce the liability...TLH is one method I employ...will read this post with interest...
by happysteward
Sat Dec 15, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Auto, home and umbrella insurance
Replies: 8
Views: 930

Auto, home and umbrella insurance

I have coupled my insurances and been with the same company for ~30 years. No real service complaints other than over the last 5 or so years the premiums keep going up. When I call I don’t get a good reason. Was considering shopping around, I could post how much I am paying if needed but my question...
by happysteward
Fri Dec 14, 2018 3:36 pm
Forum: Personal Investments
Topic: 30 day wash rule
Replies: 5
Views: 446

Re: 30 day wash rule

During that time I had IEUR (MSCI Europe) and IPAC (MSCI Pacific)**, good proxies for SPDW (Developed world ex us)....

**at appropriate % to mirror SPDW — VXUS would have been ok too but my account is in TD, Vanguard funds are “commissioned” so I stay away
by happysteward
Fri Dec 14, 2018 12:45 pm
Forum: Personal Investments
Topic: 30 day wash rule
Replies: 5
Views: 446

Re: 30 day wash rule

Whew! As a good boglehead you would think I would have asked this before my action :D
by happysteward
Fri Dec 14, 2018 12:36 pm
Forum: Personal Investments
Topic: 30 day wash rule
Replies: 5
Views: 446

30 day wash rule

Sold SPDW at a loss on 11/5/2018 and bought it back today. Is this ok as far as avoiding wash sale ? Basically wondering if it is 30 trading days or 30 calendar days? Thanks
by happysteward
Sat Dec 01, 2018 11:34 am
Forum: Personal Investments
Topic: Capital One Benefciaries
Replies: 1
Views: 262

Capital One Benefciaries

Just opened up a new 360 Money Market, this is in addition to a CD and savings account.

We can now add benefciaries to all the accounts!
by happysteward
Sun Nov 25, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Electrical Engineering move to consultant?
Replies: 16
Views: 2254

Re: Electrical Engineering move to consultant?

Image

Wow, “engineering” entity rather than “consulting” entity, this is great input and at least allows us to ask the right questions in setting up the business.
by happysteward
Thu Nov 22, 2018 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Electrical Engineering move to consultant?
Replies: 16
Views: 2254

Re: Electrical Engineering move to consultant?

Bump for additional request...
by happysteward
Thu Nov 22, 2018 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Electrical Engineering move to consultant?
Replies: 16
Views: 2254

Electrical Engineering move to consultant?

Hi bogleheads, hopeful there are a few EEs out here willing to offer some insight for my son, he is in his early thirties, married no kids, living in NYC currently making a good salary for a big box engineering firm (~$120K). To sum it up they are tasking him with very general scope ranging from pro...