Search found 1142 matches

by Tamarind
Thu Jun 28, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 6033

Re: Keep calm and Boglehead on!

Many things in life can cause fear, stress, and anxiety: work, family, politics, the inevitable heat death of the universe. I'm having some of that high anxiety myself today, but glad that investment worries are not contributing to it at all.
by Tamarind
Wed Jun 27, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 156
Views: 17478

Re: IRS published draft 2018 1040 - Huge changes made

I use Free Fillable Forms, which I hope is developed in house rather than on contract. Based on excellent authoritative sources, I can tell you that Free Fillable Forms is definitely NOT developed in house. The IRS simply does not have the inhouse resources to do that. As part of the IRS contractua...
by Tamarind
Wed Jun 27, 2018 6:48 am
Forum: Investing - Theory, News & General
Topic: Anti Indexing investment
Replies: 15
Views: 1660

Re: Anti Indexing investment

How about private equity? Private companies will have 0% index fund ownership. I occasionally run across articles that reference what fraction of a company's shares are owned by what institutional investors. If you could find or compile a list excluding ownership by the largest index funds (or even ...
by Tamarind
Wed Jun 27, 2018 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Mobile deposit of Rollover Check
Replies: 15
Views: 1261

Re: Mobile deposit of Rollover Check

I hate mailing checks as it feels like my money is "in the ether" far more than with an electronic transfer. But it seems plausible that Schwab or other custodians would not support much less common use cases (rollover check) in their apps. We certainly get used to electronic submission of nearly e...
by Tamarind
Wed Jun 27, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: "Never time the market" vs. lump sum investment
Replies: 68
Views: 5625

Re: "Never time the market" vs. lump sum investment

Buying as soon as the money is available to be invested is the best way to avoid the psychological and financial pitfalls of timing. Sometimes that means small amounts like my monthly transfer of $458 to my Roth IRA. Sometimes it might be 7 figures. Since you have some lead time, think hard about th...
by Tamarind
Wed Jun 27, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: IRS publishes draft 2018 1040 - Huge changes made
Replies: 156
Views: 17478

Re: IRS published draft 2018 1040 - Huge changes made

Oh my, so much new stuff to learn. Methinks this will be a mess for awhile.:happy Tax software will handle this just fine. But you're right in that we can't just update the numbers on this year's form from last year's form. I made a reasonable guess as to my 2018 tax liability a while ago and updat...
by Tamarind
Wed Jun 27, 2018 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Mobile deposit of Rollover Check
Replies: 15
Views: 1261

Re: Mobile deposit of Rollover Check

I hate mailing checks as it feels like my money is "in the ether" far more than with an electronic transfer. But it seems plausible that Schwab or other custodians would not support much less common use cases (rollover check) in their apps.
by Tamarind
Tue Jun 26, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Helping a Nonagenarian
Replies: 8
Views: 1086

Re: Helping a Nonagenarian

Think very hard about LT care costs and plan accordingly. You may wish to subsidize her living costs now to preserve equity in the house so you can sell it when she needs more care. She is a good candidate for a reverse mortgage but is very likely to need a lump sum in the next few years. Make sure ...
by Tamarind
Tue Jun 26, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: The "leaving the old 401k where it is" argument
Replies: 30
Views: 3975

Re: The "leaving the old 401k where it is" argument

I would leave a 401k where it is unless I could roll it into a better tax-free deferred account with low fees. This is because I expect to have to backdoor Roth at some point in the future, which is certainly not a common situation. If I was certain I would never exceed the Roth limit again (or at l...
by Tamarind
Tue Jun 26, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Simplify Me
Replies: 4
Views: 654

Re: Portfolio Review - Simplify Me

I've been reading here for the past few weeks and it's reinforced my desire to simplify my portfolio. The other question is that next year I will likely need to start doing backdoor Roths so I may roll my IRA into my employer's 401K. I think Fidelity isn't too bad. Ok, so the desired AA you gave in...
by Tamarind
Mon Jun 25, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Simplify Me
Replies: 4
Views: 654

Re: Portfolio Review - Simplify Me

For taxable, can you let us know what the $ amount of unrealized gain/loss from each position? Do you have any carryover losses? What's is your current marginal tax rate? These three items let us help you to figure whether you need to keep or delay sale on those holdings for tax reasons. Thanks for...
by Tamarind
Mon Jun 25, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Simplify Me
Replies: 4
Views: 654

Re: Portfolio Review - Simplify Me

In all your tax-advantaged accounts you may sell and buy with no tax implications whatsoever. For taxable, can you let us know what the $ amount of unrealized gain/loss from each position? Do you have any carryover losses? What's is your current marginal tax rate? These three items let us help you t...
by Tamarind
Mon Jun 25, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: views on "Empower Retirement" as a 401k provider? fees? ease of use etc?
Replies: 44
Views: 8247

Re: views on "Empower Retirement" as a 401k provider? fees? ease of use etc?

I just started a new job and moved my 401k from Fidelity to Empower as the Empower offering was better. AUM fee of 0.22% and slightly lower ER index funds from Northern Trust (0.02 - 0.04% for the 3-fund portfolio). As others say above, Empower is a very flexible provider and can range from excellen...
by Tamarind
Mon Jun 25, 2018 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Sudden appearance of multiple buyers real or negotiation tactic?
Replies: 61
Views: 4339

Re: Sudden appearance of multiple buyers real or negotiation tactic?

A friend recently experienced someone attempting this. They replied "you already have my best offer". Their offer was then accepted. The deal later fell apart when seller's lack of honesty turned out to be relevant to the inspection results too. I'm in the "don't get attached" school of house huntin...
by Tamarind
Sat Jun 23, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Household budgeting and personal finance for teens?
Replies: 5
Views: 542

Re: Household budgeting and personal finance for teens?

I agree this is best started really early and here's why: To learn how to manage money you have to have the autonomy to spend some. And you are inevitably going to spend some frivolously at first. Ideally this is a little kid blowing the allowance money they intended to save for a desired purchase, ...
by Tamarind
Fri Jun 22, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is it normal for federal and state taxable income to be wildly different?
Replies: 10
Views: 850

Re: Is it normal for federal and state taxable income to be wildly different?

NC disallows or restricts some common Federal deductions and has a smaller standard deduction+personal exemption than you got on your Federal taxes. The gap may be especially pronounced if you paid a lot of mortgage interest or property tax, or moved from a high tax state, or if you have several ch...
by Tamarind
Fri Jun 22, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is it normal for federal and state taxable income to be wildly different?
Replies: 10
Views: 850

Re: Is it normal for federal and state taxable income to be wildly different?

NC disallows or restricts some common Federal deductions and has a smaller standard deduction+personal exemption than you got on your Federal taxes. The gap may be especially pronounced if you paid a lot of mortgage interest or property tax, or moved from a high tax state, or if you have several chi...
by Tamarind
Wed Jun 20, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Storing Sustenance for Disasters
Replies: 28
Views: 2404

Re: Storing Sustenance for Disasters

I keep on hand of the kinds of food we like to take camping: nutritional bars, packaged oatmeal, instant rice, and dehydrated or shelf stable package meals. A particular favorite are "heat-and-eat" Indian entrees: last up to 2 years at room temp, don't require rehydration, have interesting flavor. F...
by Tamarind
Wed Jun 20, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: 26yrs old and need startup advice
Replies: 14
Views: 1450

Re: 26yrs old and need startup advice

Any regards to robo advisors even if I just throw $2000 to play around. You don't need a roboadvisor. At all. Agreed. You will not learn anything from a roboadvisor that you won't learn from following the excellent step-by-step advice above. You are just getting started. "Playing around" comes late...
by Tamarind
Wed Jun 20, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 29
Views: 4052

Re: Career advice (take the promotion or not)

This is taking an odd turn. I live in NC and even know process engineers here, though I'm in IT. I would be very surprised if you couldn't get a better paying job in the field right here in NC. Are you out in a rural area of the state? It really needn't be such a big deal to change jobs. Engage with...
by Tamarind
Wed Jun 20, 2018 6:18 am
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1362

Re: Calculating safe withdrawal rate (dialing it back)

Tamarind - to answer your questions: 1) wife is encouraging me to consider dialing it back a bit; she is reentering the workforce after ~ 10 years at home and could use someone around a bit more 2) the 300k/spend estimate is high; realistically it is somewhere $200-250k - but I wanted to highside i...
by Tamarind
Tue Jun 19, 2018 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Calculating safe withdrawal rate (dialing it back)
Replies: 8
Views: 1362

Re: Calculating safe withdrawal rate (dialing it back)

In prior posts you suggested annual expenses of $300k. Looks ok to me but you might need to make some changes depending on the fine details. TL;DR - Of course you can retire, but you might have to reduce your standard of living very slightly in order to do so now. --------- Let's do some back of env...
by Tamarind
Tue Jun 19, 2018 5:51 am
Forum: Investing - Help with Personal Investments
Topic: rsu & iso [Restricted Stock Unit & Incentive Stock Option]
Replies: 12
Views: 841

Re: rsu & iso [Restricted Stock Unit & Incentive Stock Option]

I would probably suggest that people with ISOs also sell immediately upon exercise if the amount exceeds their tolerance for single-company stock. Yes, the whole preference amount is then taxed at ordinary income rates. The benefit of early exercise to reduce tax is more than offset (for me) by the ...
by Tamarind
Tue Jun 19, 2018 5:39 am
Forum: Personal Consumer Issues
Topic: One handed Android phone?
Replies: 38
Views: 2023

Re: One handed Android phone?

+1 for the Sony Xperia Compact line. My wife also needs a smaller phone and loves her Z3. They have some hits and misses in that series but usually solid Android devices with good to very good cameras.
by Tamarind
Mon Jun 18, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Diversify within Roth account?
Replies: 14
Views: 1059

Re: Diversify within Roth account?

I think you are overthinking it a little. I do keep more than one fund in all accounts that are taking in new contributions, but that is to enable easier rebalancing in the event that one part of my AA over- or underperforms so much that new contributions aren't large enough to rebalance. While this...
by Tamarind
Fri Jun 15, 2018 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Career advice (take the promotion or not)
Replies: 29
Views: 4052

Re: Career advice (take the promotion or not)

I find it hilarious when established high-growth companies with Megacorp-style frills like "pay grades" pretend to still be startups so that they can blame all their cultural and process failings on being a startup. In my experience, actual startups are much more chaotic, but also much more flexible...
by Tamarind
Thu Jun 14, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7847

Re: Boring Job

Absolutely have quit a job from boredom. You are pretty much guaranteed that your first job will not be awesome or even a good fit. But not without having a next job lined up. You have two ways to go from here: 1) Find something to do with your extra time that contributes to the success of the compa...
by Tamarind
Sat Jun 09, 2018 6:12 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5750

Re: Rowing machine motivation

Two suggestions, either of which might help: 1) Focus on HIIT as you're developing the habit. This doesn't require you to spend a lot of time on the machine but it will still help you get better. 2) Consider a story-driven podcast or app designed for running. Personally I like Zombies, Run!, which i...
by Tamarind
Sat Jun 02, 2018 5:39 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3417

Re: HSA as retirement vehicle

I treat it as an investment account and just moved it to a custodian that would allow me to invest every dollar. I would just have it be part of my AA, but different people approach their asset location choices differently. Some want to tax optimize by putting the likely fastest growing assets in th...
by Tamarind
Fri Jun 01, 2018 6:22 am
Forum: Investing - Help with Personal Investments
Topic: M1 Finance: What’s the Catch?
Replies: 10
Views: 1995

Re: M1 Finance: What’s the Catch?

Why does Vanguard need to charge a 0.3%(!) AUM is the real question.... To pay someone to be by the phone when customers call for advice and guidance, probably. It's surely not for the mechanical aspects of managing the portfolio. But I know plenty of people for whom having someone to say "no you d...
by Tamarind
Fri Jun 01, 2018 5:58 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 9210

Re: is Having more and needing less normal?

TheTimeLord wrote:
Thu May 31, 2018 10:42 pm
I guess I will never quite get the BH hatred of gyms, yoga studios and trainers. But I am neither a big time DIYer or minimalist so different strokes.
Probably stems from how seldom the average person uses it. But if you use it and it helps keep you healthy, then it's certainly worth it.
by Tamarind
Thu May 31, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 19155

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

You won't get any need based aid. You probably won't get any merit said if they are truly an average student (mostly Bs & C's). However there are a lot of small "character" and "affiliation" scholarships to be had if your kids are motivated to write a very large number of short essays about the valu...
by Tamarind
Thu May 31, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Roommate in a house?
Replies: 32
Views: 3172

Re: Roommate in a house?

Agreed with most of the advice above. It's likely not worth it to her to claim rental depreciation. Do you earn equal incomes? If not, why split the bills 50/50? It's up to y'all too decide what works for you, but I think it avoids fights about "fair share" to split according to income. Plus then yo...
by Tamarind
Thu May 31, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: obtainable credit card for teen?
Replies: 8
Views: 579

Re: obtainable credit card for teen?

Discover, as well as many credit unions, offer secured cards intended to build credit history. You provide a deposit that equals the credit limit (can be just a couple hundred bucks) then use the card. My wife was credit averse before we met and had no score. She graduated from a secured card to a D...
by Tamarind
Thu May 31, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Relationship between Living Off of Dividends and Maximizing Yield
Replies: 13
Views: 1102

Re: Relationship between Living Off of Dividends and Maximizing Yield

Yes, that is your underlying assumption. But I don't think it's a good one. Why would you let the funds determine where your income is coming from rather than choosing it yourself? I would think when tailoring retirement income I'd want to control: 1) whether it came from a taxable, tax-deferred, or...
by Tamarind
Thu May 31, 2018 6:06 am
Forum: Investing - Help with Personal Investments
Topic: Exercise ISOs or walk away?
Replies: 20
Views: 1933

Re: Exercise ISOs or walk away?

Just wanted to come back and provide an update. I did finally manage to get financial disclosures from the CFO, which indicated healthy past revenue growth, cash in the bank, current 409a valuation at 3x my strike price etc. Turns out I own 0.03% of the company based on the fully diluted share count...
by Tamarind
Thu May 31, 2018 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Company going public - exercise ISOs?
Replies: 5
Views: 756

Re: Company going public - exercise ISOs?

Two parts to this decision: risk management and tax planning. If you are MFJ and your normal taxable income as a couple is around $50k per your post above, then you can take some long term capital gains at 0%. Your short term gains will be at 12%. Both of these rates apply until around $77k of taxab...
by Tamarind
Mon May 28, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Buying house from parents below market value, gift?
Replies: 16
Views: 1592

Re: Buying house from parents below market value, gift?

Thank you for the input so far. I'll have to do further research on the bargain sale. Here are a couple different questions then. How do you determine the market value for IRS purposes? Lets say they house is worth $1 Million and I buy it for $750k? I'm already gifted the maximum amount per year, e...
by Tamarind
Sat May 26, 2018 5:33 am
Forum: Investing - Theory, News & General
Topic: The "4% withdrawal rate"- would it apply to someone "retiring" in their 70s?
Replies: 54
Views: 4975

Re: The "4% withdrawl rate" - would it apply to someone "retiring" in their 70s?

This is a case where I would explore buying a single premium immediate annuity for a large portion of the portfolio (perhaps up to half, with the remainder in equities). You can get quotes at immediateannuities.com. Seconded. Look into COLAd annuities as an option. It may be a lot for someone who d...
by Tamarind
Thu May 24, 2018 6:46 am
Forum: Investing - Help with Personal Investments
Topic: About to retire and at an almost total loss.
Replies: 15
Views: 5210

Re: About to retire and at an almost total loss.

Just doing a little math to help others weigh in. AA: 100/0, with massive tilt toward dividends Assets: $198k in 3 individual dividend stocks $60k taxable brokerage $35k Roth IRA $40k SEP IRA $45k Checking account Home value $330k EF ~2x annual expenses Income streams: Business income stream $12k-$2...
by Tamarind
Thu May 24, 2018 5:59 am
Forum: Investing - Help with Personal Investments
Topic: Buying Employer Shares
Replies: 18
Views: 1628

Re: Buying Employer Shares

Does anyone know if an employer has visibility into the number of your vested shares held in an ESPP or RSU plan? I've heard comments on this forum like "some employers frown upon employees immediate selling or not holding a significant amount" but I don't know if they truly have access to my accou...
by Tamarind
Thu May 24, 2018 5:52 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 5604

Re: I've never budgeted sucessfully

The attraction of a program like Mint is precisely that it resolves what seems to be the core of your problem - aggregating income and expenses across many accounts, categorizing, and comparing them to budgeted amounts. Ie the "measuring" part of the budget. Yes, your credentials are potentially at ...
by Tamarind
Tue May 22, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Home Loan from Parents
Replies: 24
Views: 2605

Re: Home Loan from Parents

Make sure you draw up proper documentation of the loan with an interest rate that meets the IRS requirements for intra-family loans, and clear rules for the term and payment frequency. Think about what collateral, if any, you should have for the loan. I strongly advise against putting a parent on th...
by Tamarind
Mon May 21, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: private company option exercise - tax question
Replies: 11
Views: 724

Re: private company option exercise - tax question

ETA: Deleted comments on AMT as I missed that these are NQOs on first reading. I don't know of anything that would give you extra protection from having paid tax on shares that later become worthless, beyond capital loss provisions. This is one reason why one is generally advised not to exercise opt...
by Tamarind
Thu May 17, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Hot food flavoring (sauces, spices and peppers)
Replies: 51
Views: 3667

Re: Hot food flavoring (sauces, spices and peppers)

Another vote for (carefully) making your own hot sauces and hot pepper vinegars. You can control sodium content and get the right blend of heat and flavor for your tastes. So easy to do.

Make very small batches to start, as without reduced sodium content comes a reduced shelf life.
by Tamarind
Thu May 10, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Custom suit needed for a wedding. Help me shop around!!
Replies: 30
Views: 2457

Re: Custom suit needed for a wedding. Help me shop around!!

There are also new entrants in the low-end bespoke suit market like Alton Lane that may be worth a look if they have a location near you.

Expect to spend $2k, but get a suit you can wear for a long time.
by Tamarind
Sat May 05, 2018 5:24 am
Forum: Personal Consumer Issues
Topic: Growing Fruit Trees and Shrubs
Replies: 30
Views: 2819

Re: Growing Fruit Trees and Shrubs

Another vote for figs, which will grow nearly anywhere with minimal care and no sprays. I grow a variety called "Hardy Chicago", which will indeed grow and fruit in Chicago if planted against a south facing wall. In my milder clime it forms a tree which last year produced 11 pounds of figs.... It's ...
by Tamarind
Thu May 03, 2018 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Pay $2500 in rent or continue living at home
Replies: 91
Views: 7078

Re: Pay $2500 in rent or continue living at home

In most cultures and most times, what you've done the last few years would be the norm, so you don't need to feel weird about living at home. But it sounds like you're ready for a change. Living at home will always be the most frugal option, but money is just a tool to get the life you want. I'd sug...
by Tamarind
Thu May 03, 2018 5:47 am
Forum: Investing - Help with Personal Investments
Topic: Medically Retired at Age 30 [Saving for Retirement - 100% Disabled Vet]
Replies: 20
Views: 3629

Re: Saving for Retirement - 100% Disabled Vet

How safe is the stream of funds from the VA? How long do you expect it to continue? Are there checkpoints where that amount might be changed or stopped? Does it adjust for inflation? At the moment you're essentially retired with a pension, just earlier than you expected. So make sure you understand ...
by Tamarind
Wed May 02, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: Have you quit eating sugar? Tell me how!
Replies: 129
Views: 11830

Re: Have you quit eating sugar? Tell me how!

Moderation in all things, including moderation. :twisted: