Search found 277 matches

by Nearly A Moose
Thu Oct 20, 2016 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Matching children's Roth IRA contributions
Replies: 41
Views: 3944

Re: Matching children's Roth IRA contributions

This is a very generous thing you're doing. Your kids should be grateful. I would be. You might be giving them just the breathing room they need to get on a good financial footing. Family transfers of wealth--if well coordinated and if the recipients are good with their money--can be extremely valua...
by Nearly A Moose
Thu Oct 20, 2016 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: How do you track your portfolio's performance?
Replies: 40
Views: 2890

Re: How do you track your portfolio's performance?

I like metrics and spreadsheets, so I run a few. There is a great multi-account internal rage of return spreadsheet for download from the wiki. You can find it under a page called tracking investments or something like that. (I'm too lazy to get it on my phone...) I doesn't take long to set up, and ...
by Nearly A Moose
Thu Oct 13, 2016 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing to buy a house
Replies: 15
Views: 1872

Re: Preparing to buy a house

Pulling a credit report does you no good. I disagree with that. The sooner you know of a problem on a report the sooner you can start fixing it. You are entitled to one free report each year from the credit reporting companies. You don't want to wait until you fail to get your pre-approval to find ...
by Nearly A Moose
Thu Oct 13, 2016 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Buying house. Best mortgage option?
Replies: 22
Views: 2592

Re: Buying house. Best mortgage option?

Off subject a bit..... My mom (in her mid 70s) is considering selling her house and moving into a retirement community - one of those Del Webb type places. She was thinking of purchasing the house prior to selling her current one, but would require a mortgage until hers sells. In fact, depending on...
by Nearly A Moose
Thu Oct 13, 2016 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Buying house. Best mortgage option?
Replies: 22
Views: 2592

Re: Buying house. Best mortgage option?

Hard to say with the info provided, but intuitively a middle ground option sounds right. I would be a bit reluctant to super-aggressively throw $800k into illiquid home equity in only a ten year period, unless you're just raking in the income. (Yes, you can get the money back using a Heloc, but ther...
by Nearly A Moose
Wed Oct 12, 2016 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Investing in CVX for the sake of dividends
Replies: 25
Views: 2029

Re: Investing in CVX for the sake of dividends

Ask your friend how that strategy worked out for all the Brits holding BP stock that still hasnt returned to pre Deepwater Horizon levels. At least there's a movie about it, right? Also how about Enron? That was a great stock for a long time, until it wasnt. And how about Coke, Pepsi, Proctor and G...
by Nearly A Moose
Mon Oct 10, 2016 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: What's going on with REITS this week?
Replies: 26
Views: 4230

Re: What's going on with REITS this week?

We have been REIT investors for many years and wills tay the course. Many years ago we added the Vanguard International REIT fund and this has been performing well and helping to offset the U.S. REIT fund. Tune out the noise! Not to hijack the thread, but are you talking about Vanguard Global ex-U....
by Nearly A Moose
Fri Oct 07, 2016 9:33 pm
Forum: Personal Consumer Issues
Topic: Johnnie Walker Blue worth the cost?
Replies: 70
Views: 5699

Re: Johnnie Walker Blue worth the cost?

Nobody ever lost a friend over Macallan 18 ^^^This. This a hundred times over. Although a few bottles ago I splurged and treated myself to a bottle of Macallan 21. Made going back to 18 harder. Macallan also at least at one point had a 15 year old special cask oak variety. I forget exactly what it ...
by Nearly A Moose
Fri Oct 07, 2016 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Bond allocation in Roth
Replies: 11
Views: 1140

Re: Bond allocation in Roth

I have my REIT allocation in my Roth in hopes that I will see appreciation and tax protection.
by Nearly A Moose
Fri Oct 07, 2016 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Do I need accidental death and dismemberment?
Replies: 18
Views: 1481

Re: Do I need accidental death and dismemberment?

I have a $500k (or so) policy through work. Automatically provided as a benefit. Probably wouldn't seek this out on my own, I'm a desk worker.
by Nearly A Moose
Fri Oct 07, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Interest Checking Account - Credit Union
Replies: 20
Views: 1787

Re: Interest Checking Account - Credit Union

Suggest setting an internal benchmark to look at a year down the road. For example, were you able to get the 4.5% each month (i.e. Did you get through all the hoops), were there any particularly time intensive aspects of this over the year, did you find jumping through the hoops irritating such that...
by Nearly A Moose
Thu Oct 06, 2016 9:38 am
Forum: Investing - Help with Personal Investments
Topic: What's going on with REITS this week?
Replies: 26
Views: 4230

Re: What's going on with REITS this week?

We have been REIT investors for many years and wills tay the course. Many years ago we added the Vanguard International REIT fund and this has been performing well and helping to offset the U.S. REIT fund. Tune out the noise! Not to hijack the thread, but are you talking about Vanguard Global ex-U....
by Nearly A Moose
Wed Oct 05, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding not to refi... Have I missed something?
Replies: 20
Views: 1768

Re: Deciding not to refi... Have I missed something?

$3000 cost and $500 savings. You only have six months till you break even, right? This, if I understand correctly. Don't see why you wouldn't refinance. Also agree $3k seems high. Query whether you would want to funnel the $500/month savings into prepaying the loan versus just investing in the mark...
by Nearly A Moose
Tue Oct 04, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: 0% Financing on new car (Subaru)...how much to put down upfront?
Replies: 13
Views: 1440

Re: 0% Financing on new car (Subaru)...how much to put down upfront?

As long as you trust yourself to manage the cash flow, no reason to prepay a 0% loan (aside from credit card points or some similar scheme). If you don't trust yourself, like the idea of the equivalent of more monthly cash flow, or tend to like to split to difference on decisions like this, you coul...
by Nearly A Moose
Fri Sep 30, 2016 11:05 am
Forum: Personal Finance (Not Investing)
Topic: when to stop contributing to 529
Replies: 34
Views: 3925

Re: when to stop contributing to 529

I funded the expected cost of each child at a private college, tuition plus room and board. Figured if there were excess, it could be used for grad school for either. If there is residual money, it can be used for grandkids, other close relatives, or yourself. Not worried about paying a penalty to ...
by Nearly A Moose
Thu Sep 29, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How closely do you check your credit card statements?
Replies: 58
Views: 3327

Re: How closely do you check your credit card statements?

Hardly at all. I periodically pop into Mint to see where we are in the budget, and if a category looks weird, I dive in and quickly skim the transactions to see if a vendor looks funny or an amount of particularly large. Have never had a fraud problem, and frankly, even if I did, I'm willing to risk...
by Nearly A Moose
Mon Sep 26, 2016 4:56 pm
Forum: Personal Consumer Issues
Topic: Three Full Days in Asheville, NC - Help for First Timers
Replies: 30
Views: 2613

Re: Three Full Days in Asheville, NC - Help for First Timers

Hard to go wrong with any of these suggestions. If you're able bodied, I'd strongly suggest a hike. Lots of options of varying skill levels nearby. I would absolutely recommend the Biltmore. It's not the cheapest thing in the world, but if you give yourself a full day there (which you can easily do)...
by Nearly A Moose
Mon Sep 26, 2016 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Handling house sale proceeds, am I being paranoid?
Replies: 6
Views: 597

Re: Handling house sale proceeds, am I being paranoid?

Are you in a rush for the money? If not, then just do the ACH pull if it makes you feel better. 2 weeks of missing out on 1% APY is not material. I don't have a credit union, so perhaps there are different rules, but isn't this over the FDIC insurance threshold? That would make me more nervous than ...
by Nearly A Moose
Fri Sep 23, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Can adult child gift money back to parent?
Replies: 31
Views: 3894

Re: Can adult child gift money back to parent?

If we want to help an adult child with a house down payment, but the child does not want a gift and would rather pay us back over time (yes, basically the child would prefer a loan rather than gift), could we gift the $28,000 limit to the child and allow child to gift money back at a later date or ...
by Nearly A Moose
Thu Sep 22, 2016 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Index
Replies: 24
Views: 3747

Re: Total Stock Market Index

This might be obvious, but I *think* people early on were saying wait until you have at least $10,000 in the account before adding a second find because many vanguard funds (and I believe the one you're in) require a minimum balance of $10,000 to buy Admiral shares, which have a slightly lower expen...
by Nearly A Moose
Wed Sep 21, 2016 10:01 pm
Forum: Personal Consumer Issues
Topic: major remodel: regrets or things you'd do again
Replies: 68
Views: 7461

Re: major remodel: regrets or things you'd do again

paper200 wrote:Nice job mss. Looks very good.


+1 :beer
by Nearly A Moose
Wed Sep 21, 2016 9:58 pm
Forum: Personal Consumer Issues
Topic: Warm January Vacation?
Replies: 19
Views: 1920

Re: Warm January Vacation?

San Diego +1. Went here when wife was pregnant with our first. Also plenty to do with a young child (I'm assuming not so young that you're just dragging it wherever you go). I'm assuming FL (and the Caribbean, but you mentioned the US) are off limits due to Zika. AZ/Scottsdale also nice, but it sti...
by Nearly A Moose
Wed Sep 21, 2016 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation on Tax Preparation Software
Replies: 26
Views: 2134

Re: Recommendation on Tax Preparation Software

I use turbo tax. I buy the download version rather than the online version. This allows me to do multiple scenarios for Roth conversions, what-if's, etc; this may not be relevant to your situation. With only W-2, 1099's, no business, and no rentals, there is absolutely no reason not to do it yourse...
by Nearly A Moose
Wed Sep 21, 2016 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation on Tax Preparation Software
Replies: 26
Views: 2134

Re: Recommendation on Tax Preparation Software

I use turbo tax. I buy the download version rather than the online version. This allows me to do multiple scenarios for Roth conversions, what-if's, etc; this may not be relevant to your situation. With only W-2, 1099's, no business, and no rentals, there is absolutely no reason not to do it yourse...
by Nearly A Moose
Mon Sep 19, 2016 1:14 pm
Forum: Personal Consumer Issues
Topic: Calling DC area Bogleheads for help with relocation
Replies: 34
Views: 2320

Re: Calling DC area Bogleheads for help with relocation

mouses wrote:DC in the area of the White House is a very high crime area, unless things have changed in the last few years.


Uh, no.
by Nearly A Moose
Sat Sep 17, 2016 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Lending money to son
Replies: 21
Views: 2279

Re: Lending money to son

As someone not too far removed from the post-grad-school-to-real-life transition (not medical though) and who has friends still in residency, I'd say (1) that was incredibly generous of you and I hope your son is deeply grateful for the big financial leg up you've given him, and (2) make your plans ...
by Nearly A Moose
Fri Sep 16, 2016 8:54 am
Forum: Personal Finance (Not Investing)
Topic: When to sell parent's home
Replies: 25
Views: 2618

Re: When to sell parent's home

My parents had a similar experience almost ten years ago now. Once my grandfather moved out of the house, they started a deliberate wind-down and sale process on the house. They took a reasonable amount of time - didn't rush but didn't dawdle - which let everyone in the family "get" the th...
by Nearly A Moose
Thu Sep 15, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: I invested $10,500 in a private US company [pressured to sell back shares]
Replies: 19
Views: 2600

Re: I invested $10,500 in a private US company [pressured to sell back shares]

Why are you in this incredibly risky investment? What's the offer to buy back your shares? Is this a very large amount of your portfolio? This could be a great chance to get out of this thing.
by Nearly A Moose
Thu Sep 15, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard QCD Checks [Qualified Charitable Distributions]
Replies: 45
Views: 3616

Re: Vanguard QCD Checks [Qualified Charitable Distributions]

Possibly a dumb question, as I'm not to the point where I'm able to do this, but would/does including a preprinted postage paid return card or letter that simply requires their signature or attestation increase the response rate? Just trying to think practically.
by Nearly A Moose
Thu Sep 15, 2016 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Experience with High Yielding Money Market Accounts
Replies: 25
Views: 2416

Re: Experience with High Yielding Money Market Accounts

I'm very happy with Ally. Been using them for over a year. Reasonably quick transfers that are easy to schedule. Easy to manage multiple accounts if you're into bucketing your savings. You can deposit a check using a smartphone. It's very easy and I've never had a problem. I haven't deposited cash i...
by Nearly A Moose
Wed Sep 14, 2016 8:47 pm
Forum: Personal Consumer Issues
Topic: How much vacation time do you get at work?
Replies: 155
Views: 11549

Re: How much vacation time do you get at work?

As much as I want to take. I usually take somewhere in the range of 4-6 weeks all told. I still work a decent number of those days.
by Nearly A Moose
Wed Sep 14, 2016 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 529 question
Replies: 6
Views: 555

Re: Inherited 529 question

This is an incredibly helpful explanation. In all seriousness, is there a way to get this incorporated into wiki article on 529 plans? The description of financial aid effects in the main 529 plan page is rather brief. The appropriate wiki article is Expected Family Contribution . However, I see th...
by Nearly A Moose
Wed Sep 14, 2016 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Insane CPA bill, please advise
Replies: 23
Views: 4673

Re: Insane CPA bill, please advise

When you call the office, remember that you catch more bees with honey. In other words, be nice. It could well be an error. Or as someone else said, he could had to spend more time researching than he let on. Just ask and explain yourself clearly and calmly. Seems like something should correct or wr...
by Nearly A Moose
Wed Sep 14, 2016 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited 529 question
Replies: 6
Views: 555

Re: Inherited 529 question

The negative implications for grandparent-owned 529 plans are much less now, because financial aid methodology uses the prior-prior year. That is, your 2016-17 financial aid depends on your 2014 income (because you might not have filed the 2015 taxes by the time you fill out the financial aid form....
by Nearly A Moose
Wed Sep 14, 2016 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of upside down car
Replies: 60
Views: 4092

Re: Getting out of upside down car

Follow the collective wisdom of this thread. Consider snow tires if you feel you need them or you notice that the "natives" have them. A key thing to remember is that up north, the towns and counties actually know how to handle snow. A big snowfall up North? Roads are salted in advance, s...
by Nearly A Moose
Wed Sep 14, 2016 2:25 am
Forum: Personal Consumer Issues
Topic: Visa Discount Air Benefit
Replies: 6
Views: 719

Re: Visa Discount Air Benefit

jumppilot wrote:The Ritz card gets you $300 in travel credits as well. Very easy to redeem.

Also comes with a Priority Pass membership and Marriott Gold if you spend $10,000 a year.

I travel a lot so it works for me.



Good to know, thanks
by Nearly A Moose
Tue Sep 13, 2016 8:38 pm
Forum: Personal Consumer Issues
Topic: Visa Discount Air Benefit
Replies: 6
Views: 719

Re: Visa Discount Air Benefit

Is that also others' experiences? If so, this card seems a complete no-brainer even if you never step foot in a Ritz/Marriott. Keep in mind 1) That the R-C card has a $450 annual fee (there are other perks, but it's still significant), and 2) Chase also has the Chase Sapphire Reserve at the same fe...
by Nearly A Moose
Tue Sep 13, 2016 7:46 pm
Forum: Personal Consumer Issues
Topic: Visa Discount Air Benefit
Replies: 6
Views: 719

Re: Visa Discount Air Benefit

5th hit on google: http://thepointsguy.com/2016/08/booking-with-visa-infinite-airfare-discount/ Thanks. I actually read that site from time to time, but he's selling credit card referrals, so "trust but verify." TPG says this: "As can be seen in the above image, the prices shown on T...
by Nearly A Moose
Tue Sep 13, 2016 3:50 pm
Forum: Personal Consumer Issues
Topic: Visa Discount Air Benefit
Replies: 6
Views: 719

Visa Discount Air Benefit

Does anyone have experience with the "Visa Discount Air Benefit" offered on the updated Riz Carlton Rewards credit card? This is part of the new "Visa Infinite" program. It's advertised as letting cardholders get a $100 credit on multi-passenger airfare booked through the special...
by Nearly A Moose
Tue Sep 13, 2016 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of upside down car
Replies: 60
Views: 4092

Re: Getting out of upside down car

Follow the collective wisdom of this thread. Consider snow tires if you feel you need them or you notice that the "natives" have them. A key thing to remember is that up north, the towns and counties actually know how to handle snow. A big snowfall up North? Roads are salted in advance, sn...
by Nearly A Moose
Tue Sep 13, 2016 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Amending old tax return
Replies: 22
Views: 1404

Re: Amending old tax return

Of topic (but, hey, it's my thread :D ), I infer you're a tax attorney or accountant or something similar. I'm an attorney but not a tax attorney, and each year I keep thinking about volunteering with a pro bono walk-in tax prep clinic like Vita. From your perspective, do your "line level"...
by Nearly A Moose
Tue Sep 13, 2016 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Amending old tax return
Replies: 22
Views: 1404

Re: Amending old tax return

How painful is it to amend a 2014 federal and state (DC) tax return to add in a charitable contribution I forgot about? I itemized for 2014, 2015, and will do so for 2016. I've never amended a return before and am wondering if it's worth the hassle for a few hundred dollars. Presumably, amending 20...
by Nearly A Moose
Tue Sep 13, 2016 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Amending old tax return
Replies: 22
Views: 1404

Re: Amending old tax return

Keep in mind that if you deducted your 2014 state income taxes as an itemized deduction on your federal tax return, then any state refund you receive based on your amended state return will be included in your gross income subject to federal taxation in the year in which you receive it. (That is, o...
by Nearly A Moose
Mon Sep 12, 2016 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Amending old tax return
Replies: 22
Views: 1404

Re: Amending old tax return

Thanks, both of you.
by Nearly A Moose
Mon Sep 12, 2016 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Downpayment Question
Replies: 21
Views: 2117

Re: Downpayment Question

David1986 wrote:Thank you all very much! I will now be moving in with a good friend as you guys have brought me back down to reality. My 403b and I thank you!


Wise choice. Have fun living with your buddy, and sock away money like crazy. And good job avoiding getting in over your head. Being house poor sucks.
by Nearly A Moose
Mon Sep 12, 2016 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Education cost and kids
Replies: 64
Views: 5207

Re: Education cost and kids

I'll pay as much as I comfortably can. I'd probably expect my kids to take federal loans, assuming the rates are reasonable. Some combination of giving them a bit of skin in the game and experience managing money and paying loans (mostly the latter, really). If they decided they just had to be arts ...
by Nearly A Moose
Mon Sep 12, 2016 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Amending old tax return
Replies: 22
Views: 1404

Amending old tax return

How painful is it to amend a 2014 federal and state (DC) tax return to add in a charitable contribution I forgot about? I itemized for 2014, 2015, and will do so for 2016. I've never amended a return before and am wondering if it's worth the hassle for a few hundred dollars. Presumably, amending 201...
by Nearly A Moose
Mon Sep 12, 2016 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to understand Dependent Care FSA/taxes
Replies: 1
Views: 208

Re: Trying to understand Dependent Care FSA/taxes

My dependent care FSA runs with the calendar year, so I can't really speak to 2 and 3. As to question 1, when you submit an expense, it draws as much as in in your account. If your account is 0, it waits until there is money. I.e. If the expense is incurred on day 1, and the account gets funded on d...

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