Search found 62 matches

by BerkeleyChris
Sun Mar 24, 2013 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Simplification - not sure where to start
Replies: 16
Views: 2294

Re: Portfolio Simplification - not sure where to start

i definitely like the advice you are getting about selling the sharebuilder things with losses and long-term gains. If I were in your shoes, I would use all of those proceeds and some of your cash to pay down or pay off the mortgage. Others might disagree with getting rid of the mortgage, but you sh...
by BerkeleyChris
Sun Mar 24, 2013 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: When to pay taxes on a backdoor roth conversion?
Replies: 1
Views: 405

Re: When to pay taxes on a backdoor roth conversion?

I think that is right. I think you want to acknowledge the 2012 after tax contribution on form 8606 in the filing due this year so that it is recorded as part of the basis when you show the rollover in the filing due next year.
by BerkeleyChris
Sun Mar 24, 2013 11:34 am
Forum: Personal Finance (Not Investing)
Topic: order of contributions, rollovers to 403b/457b/401a/Roth
Replies: 0
Views: 957

order of contributions, rollovers to 403b/457b/401a/Roth

Hi, I have a question about making use of tax advantaged accounts and the best order to make contributions/conversions. As background, I am a university of california employee and max out my 403b and 457b and have just started doing the backdoor Roth in the past 2 years. I have no debt and have a ye...
by BerkeleyChris
Thu Mar 14, 2013 9:18 pm
Forum: Investing - Theory, News & General
Topic: Investment Book Ideas
Replies: 12
Views: 1448

Re: Investment Book Ideas

For more step by step investment advice I'd really trust this website more than any particular book I've read. http://www.bogleheads.org/wiki/Getting_Started In general, I'd say that Liar's Poker and The Big Short by Michael Lewis and Reminiscences of a Stock Operator by Edwin Lefevre are all fantas...
by BerkeleyChris
Tue Mar 12, 2013 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie real estate question
Replies: 12
Views: 1752

Re: Newbie real estate question

It could benefit my tax situation if I have some (paper) passive real estate losses to balance the passive farm income, as I understand it. I am not an expert, but it's hard for me to imagine a scenario where the benefits to your tax bill could outweigh the actual passive losses you would seek out....
by BerkeleyChris
Tue Mar 12, 2013 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Quitting job and starting law school in the Fall - help!
Replies: 97
Views: 16583

Re: Quitting job and starting law school in the Fall - help!

I would personally not feel comfortable with the spending plan because you use up most of your cash in year 1, and if your plans to fund year 2 or 3 don't work out for some reason, you don't really have the backup of student loans to keep you on track (not that i like the idea of loans anyway!). Giv...
by BerkeleyChris
Wed Mar 06, 2013 11:05 pm
Forum: Personal Consumer Issues
Topic: which turbotax
Replies: 5
Views: 699

Re: which turbotax

...but did do the back door ROTH. Thanks for your help. I have read that it is common this year to have trouble with turbo tax calculating backdoor roth correctly until you manually adjust form 8606. This happened to me, and was a cinch to fix once I read in the forum how to correct the problem, bu...
by BerkeleyChris
Mon Mar 04, 2013 12:33 am
Forum: Personal Consumer Issues
Topic: Money Lessons From 'Downton Abbey'
Replies: 23
Views: 3992

Re: Money Lessons From 'Downton Abbey'

rj49 wrote:There's also a good Masterpiece Theatre film called "The Way We Live Now"


+1
by BerkeleyChris
Sat Mar 02, 2013 12:31 am
Forum: Personal Consumer Issues
Topic: Building Green the Boglehead Way
Replies: 10
Views: 896

Re: Building Green the Boglehead Way

an energy-efficient house is a good boglehead house, in my opinion! i think you're on the right track to prioritize what parts of green building can fit within your budget, and folks here have made great comments about starting with insulation and passive solar design. -you said you have eliminated ...
by BerkeleyChris
Sun Feb 24, 2013 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Well compensated, not so knowledgeable Dr.=Beginner
Replies: 107
Views: 11490

Re: Well compensated, not so knowledgeable Dr.=BEGINNER!

I would pay off the mortgage entirely and save/invest as much as you can over the next few years. If you decide to make investments outside the boglehead portfolio--and it is not clear to me that you should take on hassles that divert your time away from your practice and your family--at least be su...
by BerkeleyChris
Sun Feb 17, 2013 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: how to balance retirement and pre-retirement savings
Replies: 1
Views: 557

how to balance retirement and pre-retirement savings

Hi, I am hoping to get your opinions and hear your strategies on how you balance saving/investing for retirement vs mid- to long-term saving/investing. As background, I'm 33 and have my home and car paid off, have no debt, and live very frugally. I keep a 1 year emergency fund and don't regret payin...