Search found 1173 matches

by Tamarind
Wed Jul 11, 2018 5:55 am
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 5185

Re: 30 Year vs 15 Year Mortgage

I agree the 30-year probably comes out ahead provided one invests the difference between monthly payments . I prefer a 15-year because I will have a paid off house when I'm 40. There's a lot of peace of mind there for me. I will also no longer be itemizing as of 2018 so home mortgage interest just g...
by Tamarind
Tue Jul 10, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Can't decline employer LTD policy. Should I buy up?
Replies: 9
Views: 1305

Can't decline employer LTD policy. Should I buy up?

First world problem here. My employer offers group LTD coverage at no cost to me. It's pretty decent as group plans go: 60% income replacement Own occupation for 2 years, any occupation to full retirement age Mental health disability only covered for 2 years My family situation, close relative's med...
by Tamarind
Tue Jul 10, 2018 5:48 am
Forum: Investing - Help with Personal Investments
Topic: Skillful at saving but not investing
Replies: 37
Views: 3991

Re: Skillful at saving but not investing

We'll get there together, OP. I'm still reading through your details, but some early thoughts: I concur with the poster above who said you should stop working soon unless it brings you joy and purpose. I believe Roth conversions could be very advantageous for you, since you could have an extended pe...
by Tamarind
Tue Jul 10, 2018 5:41 am
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 5111

Re: Target date funds....unsophisticated?

Who cares if it works for you?
by Tamarind
Tue Jul 10, 2018 5:40 am
Forum: Investing - Help with Personal Investments
Topic: Big expense in 3 mo. Money now. Where to hide money?
Replies: 13
Views: 1652

Re: Big expense in 3 mo. Money now. Where to hide money?

If you just need a psychological cue to not spend it, how about opening a new HY savings account labeled with the thing you need it for.
by Tamarind
Tue Jul 10, 2018 5:28 am
Forum: Personal Consumer Issues
Topic: Any kayakers here?
Replies: 60
Views: 3758

Re: Any kayakers here?

How do you all haul your kayaks? I am thinking of buying a kayak trailer, but since $2000 or more, have been thinking about it for a while. Right now, we mainly kayak at Lake next to our house, but would be fun to do some exploring. On top of my Hyundai hatchback, where one of the boats is actually...
by Tamarind
Mon Jul 09, 2018 3:02 pm
Forum: Personal Consumer Issues
Topic: Any kayakers here?
Replies: 60
Views: 3758

Re: Any kayakers here?

Lake/ocean kayaker here, along w DW. We work too much to do a lot of long trips, but enjoy the local reservoir and the NC Outer Banks. We particularly enjoy paddling lazily through salt marshes on the coast to watch birds, stingrays, and other wildlife. Our longest trip was kayak camping for 10 days...
by Tamarind
Mon Jul 09, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: E- Billing & Autopay
Replies: 27
Views: 2606

Re: E- Billing & Autopay

I find autopay to combine well with paperless. I like to put them on a CC for the points but bank draft is more commonly available with no extra fees and might be best if simplicity for a survivor is important.

I've never used bill pay or ebilling tools and don't find them useful.
by Tamarind
Mon Jul 09, 2018 5:27 am
Forum: Investing - Theory, News & General
Topic: Girls and investing
Replies: 115
Views: 6216

Re: Girls and investing

Thank you for all the thoughtful answer. What do YOU think could pique the young girl's mind? How would you incentivize the process to make it fun for them???? Let me suggest what worked for me: money. Most kids by that age understand that money is something that can get them things they want. If y...
by Tamarind
Fri Jul 06, 2018 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 804

Re: Left company, exercise vested options or not?

ETA that as I am posting I see you just posted some more detailed info about their financials and your equity math. I strongly advise you edit your post to remove that ASAP. I would bet that you signed a nondisclosure as party of qualifying for the options. Posting financial info here counts as pub...
by Tamarind
Fri Jul 06, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 804

Re: Left company, exercise vested options or not?

I just went through this process a couple of months ago, though my decision was for a bit more money. I was on good terms with the CFO so was able to get all the information I needed to calculate value...... It didn't really help me make the decision. Feel free to PM me if you want to chat in greate...
by Tamarind
Thu Jul 05, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Removing dead poison ivy
Replies: 24
Views: 1482

Re: Removing dead poison ivy

Agreed you should try to remove it once the leaves have dried up. Recent experience indicates the root doesn't always die. Unless you are highly sensitive (as some indeed are) poison ivy is really not bad to handle. I am ridiculously sloppy with it even while it's live and have only gotten a small r...
by Tamarind
Wed Jul 04, 2018 6:29 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1601

Re: Does the ROTH IRA force us to rebalance in January?

AlohaJoe, Thanks for the analysis, although I think I'm not understanding it fully. Is it just me or does it ignore the existence of the (still invested) taxable account? What concerns me is the total ending values across all accounts, not just the Roth. Scenario #1: Pull funds from taxable Dec 31,...
by Tamarind
Wed Jul 04, 2018 6:17 am
Forum: Investing - Help with Personal Investments
Topic: Read Wiki still not sure on Lazy Portfolio for ROTH/Trad IRA
Replies: 5
Views: 541

Re: Read Wiki still not sure on Lazy Portfolio for ROTH/Trad IRA

Wow, those are REALLY good choices for a 401k. The small/mid cap is specifically a "completion" fund. For the percentage you want in Total Stock Market, use 80% of that large stock index and 20% of the small/mid cap to approximate. The international fund is also complete (in that it has developed an...
by Tamarind
Wed Jul 04, 2018 6:06 am
Forum: Personal Finance (Not Investing)
Topic: what is better Health care option for my son
Replies: 16
Views: 1400

Re: what is better Health care option for my son

I'd go with the PPO, but both seem like decent plans. If your son had no chronic medical conditions, the PPO is probably the best for him.
by Tamarind
Tue Jul 03, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: 33 year old- How am I doing?
Replies: 22
Views: 2335

Re: How am I doing?

It depends on your goals. Do you have a sense of when you would want to retire? How much do you hope to contribute to college for your kids? You have saved well. You clearly have your expenses under control. If you reduced donations you could probably be on track to retiring early OR covering colle...
by Tamarind
Tue Jul 03, 2018 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: 33 year old- How am I doing?
Replies: 22
Views: 2335

Re: How am I doing?

It depends on your goals. Do you have a sense of when you would want to retire? How much do you hope to contribute to college for your kids? You have saved well. You clearly have your expenses under control. If you reduced donations you could probably be on track to retiring early OR covering colleg...
by Tamarind
Tue Jul 03, 2018 11:10 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1601

Re: Does the ROTH IRA force us to rebalance in January?

Unless it's a very very large paycheck (so large that direct Roth contributions would probably not be an option), that person wouldn't be funding their Roth IRA all in a lump sum in early January. They'd be contributing from cash flow either each month or at at least for the first few paychecks. Wh...
by Tamarind
Tue Jul 03, 2018 10:10 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1601

Re: Does the ROTH IRA force us to rebalance in January?

Why not invest the money intended for Roth in your taxable account? When the contribution window opens, sell in taxable and contribute to buy in Roth. Now you are not rebalancing, just shifting investments between accounts. You could combine this with tax loss or gain harvesting in late December. F...
by Tamarind
Tue Jul 03, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1601

Re: Does the ROTH IRA force us to rebalance in January?

If I have only gains in my taxable and I choose to sell there to move the money over to my Roth, am I realizing an unnecessary capital gain? Anybody who has money to contribute to a Roth at the first of the year has to be keeping that money somewhere. If it is under the mattress, then I can see why...
by Tamarind
Tue Jul 03, 2018 7:07 am
Forum: Investing - Theory, News & General
Topic: Does the ROTH IRA force us to rebalance in January?
Replies: 24
Views: 1601

Re: Does the ROTH IRA force us to rebalance in January?

Every year I make a Roth IRA contribution. Current research suggests that dollar cost averaging is not the best practice, so naturally the best time to invest this "sideline cash" is as early as possible, which is January. I actually disagree with your premise a bit, I think. The reason lump sum be...
by Tamarind
Tue Jul 03, 2018 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Do We need health insurance??
Replies: 137
Views: 9868

Re: Do We need health insurance??

For goodness sake, go get health insurance! It's a drop in the bucket for you, OP, even if it seems expensive. Your health is not guaranteed to last, nor to fail only in ways that don't deplete your very healthy reserves. Traumatic accidents and cancer, in particular, are fairly common occurrences c...
by Tamarind
Tue Jul 03, 2018 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Read Wiki still not sure on Lazy Portfolio for ROTH/Trad IRA
Replies: 5
Views: 541

Re: Reed Wiki still not sure on Lazy Portfolio for ROTH/Trad IRA

I am switching to a lazy portfolio and currently have. 9% 401ks 68% IRA (Vanguard) 23% ROTH (Vanguard) A couple questions: -The only Vanguard fund that matches the lazy portfolio in 401k is the Total Bond Market Index so I should do 100% of my future contributions there I would assume, as well as e...
by Tamarind
Mon Jul 02, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wise Bogleheads, ideas highly appreciated... [Move, Switch Career]
Replies: 15
Views: 2902

Re: Dear wise Bogleheads, ideas highly appreciated...

I further agree that IT is the most viable entry level route given your background and desires. They are not much concerned about what your degree is in if you can complete certs and display necessary practical skills. Consider CRM or ERP administration too - very comfy IT jobs with no established ...
by Tamarind
Mon Jul 02, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wise Bogleheads, ideas highly appreciated... [Move, Switch Career]
Replies: 15
Views: 2902

Re: Dear wise Bogleheads, ideas highly appreciated...

I further agree that IT is the most viable entry level route given your background and desires. They are not much concerned about what your degree is in if you can complete certs and display necessary practical skills. Consider CRM or ERP administration too - very comfy IT jobs with no established e...
by Tamarind
Mon Jul 02, 2018 9:56 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 340
Views: 18665

Re: What are your property taxes?

What I usually see is that property taxes are mostly a reflection of how the local voters feel about government services and who is supposed to pay for them. If the state or national government collects money and gets it back to the local government, then the local government doesn't need to collec...
by Tamarind
Mon Jul 02, 2018 6:54 am
Forum: Investing - Help with Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 5234

Re: Do you own just 5% of anything?

I don't have any holdings making up 5% or less. I used to have Vanguard's REIT index at 6% but dropped it when my wife and I married and agreed on a joint AA.
by Tamarind
Sat Jun 30, 2018 5:37 am
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 12252

Re: Feel like I'm sinking money into international

That tug is the feeling you're looking for that indicates an asset class is doing the perfectly normal thing that most people can't stand but is the only thing that will give investment performance in the long run. +1 I choose to rebalance by exchanging when a holding is more than 5% away from it's...
by Tamarind
Fri Jun 29, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 1.80%]
Replies: 246
Views: 42693

Re: ALLY BANK savings account RATE increase 1.75%

DW and I consolidated at Ally after marrying. I closed down my account at Barclays because Ally has easier service, better mobile app, and comparable rate. I've appreciated the increases though I notice that my account rate always seems to lag behind a bit (just checked and it still shows 1.65%).
by Tamarind
Fri Jun 29, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Disappointed with Fidelity 401k
Replies: 36
Views: 3840

Re: Disappointed with Fidelity 401k

deferrals want to my 401k same day. Yeah I've never experienced that kind of speed. I would bet the average is around 2 full business days after payroll date for deferrals to post. At a prior employer with bad HR function it would often take a week. There's not much you can do about this and it'll ...
by Tamarind
Fri Jun 29, 2018 7:39 am
Forum: Investing - Help with Personal Investments
Topic: should I Help family member with investments?
Replies: 13
Views: 1536

Re: should I Help family member with investments?

My dad went out of his way to teach me everything he knew about investing. After absorbing the Boglehead method and philosophy I felt I could return the favor. He thinks he can pick stocks and time the market, so I argued with him for about a year. We both had a lot of fun and still agree to disagre...
by Tamarind
Thu Jun 28, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: Keep calm and Boglehead on!
Replies: 60
Views: 6082

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: 177
Views: 23797

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: 1672

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: 1266

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: 5775

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: 177
Views: 23797

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: 1266

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: 1102

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: 4013

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: 674

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: 674

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: 674

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: 9728

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: 4373

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: 550

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: 853

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: 853

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: 2420

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: 1480

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...