Search found 1191 matches

by harikaried
Tue Dec 04, 2012 3:09 am
Forum: Investing - Help with Personal Investments
Topic: Where to put short-term investments at American Funds?
Replies: 3
Views: 312

Where to put short-term investments at American Funds?

I see that most equity funds at American Funds list a 1-year annual return of around 6.5% less with sales charge compared to NAV. We'll only stick with American Funds for her 403b until about June 2013, but we'll have contributions every month until school ends or she maxes out. Does it make sense t...
by harikaried
Mon Dec 03, 2012 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Undo Roth contributions for 2012 without forms?
Replies: 14
Views: 1716

Re: Undo Roth contributions for 2012 without forms?

If you want your Roth conversion to be handled by your 2012 tax return, the Roth conversion must be completed by Dec 31, 2012. In this case, the 2012 Form 8606 will have the non-deductible contributions for 2012 and the Roth conversion. If you wait until March to recharacterize and convert, the Tra...
by harikaried
Mon Dec 03, 2012 2:18 am
Forum: Investing - Help with Personal Investments
Topic: Undo Roth contributions for 2012 without forms?
Replies: 14
Views: 1716

Re: Undo Roth contributions for 2012 without forms?

you should try to do this before year end so all the IRA activity is coded for tax year 2012. What's the benefit of this? Why not recharacterize a for-2012 in-2012 Roth IRA contribution in 2013 before April? Once those contributions are recharacterized to TradIRA, you can convert back to Roth IRA. ...
by harikaried
Sun Dec 02, 2012 9:24 pm
Forum: Investing - Theory, News & General
Topic: Any significance to certain ratios at 1:1?
Replies: 7
Views: 905

Re: Any significance to certain ratios at 1:1?

most people recognize when the earnings on their 401K exceed their contributions... This means the most important thing before this point is contribution rate. After this point, rate of return becomes more important. Right. It's good to be aware of that turning point, and it's an example of two num...
by harikaried
Sun Dec 02, 2012 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: How far did mortgage rates drop below your rate before refi
Replies: 33
Views: 2553

Re: How far did mortgage rates drop below your rate before r

Got the initial mortgage and refinanced for a total of 4 loans in the last 4 years: 5.250% 30-yr fixed ($2000/mo, initial mortgage Aug 2009) 4.375% 30-yr fixed (-0.88%, $1800/mo, -$200/mo, refinance Aug 2010) 3.875% 30-yr fixed (-0.50%, $1650/mo, -$150/mo, refinance Aug 2011) 2.758% 5/1 ARM (-1.12%,...
by harikaried
Fri Nov 30, 2012 1:20 pm
Forum: Investing - Theory, News & General
Topic: Any significance to certain ratios at 1:1?
Replies: 7
Views: 905

Re: Any significance to certain ratios at 1:1?

Objectively, the answer is basically "no" but I get the sense you want it to be "yes." I don't have a particular desire to have it either way. I was just noticing that some things just happen to line up, and it seems like there can be some significance. Given the universe of all possible pairs of n...
by harikaried
Fri Nov 30, 2012 12:05 pm
Forum: Investing - Theory, News & General
Topic: Any significance to certain ratios at 1:1?
Replies: 7
Views: 905

Re: Any significance to certain ratios at 1:1?

Other than maybe one's mortgage, you really didn't (or couldn't) run up debt. Interesting that you highlight this aspect of debt vs cash while also excluding mortgages. Is the exclusion mainly because there's an asset tied to it, so by net worth, it's net-zero on paper ignoring the interest rate? B...
by harikaried
Fri Nov 30, 2012 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Paying down mortgage during refi process?
Replies: 10
Views: 936

Re: Paying down mortgage during refi process?

Just to be clear, it seems like you don't mind whether or not the new loan is made out for $285k vs $275k? For example, that could be $1934/mo vs $1866/mo. If you do lower the loan amount, you might actually end up with a lower interest rate with a better LTV ratio. Also depending on the payment dat...
by harikaried
Thu Nov 29, 2012 4:23 pm
Forum: Investing - Theory, News & General
Topic: Any significance to certain ratios at 1:1?
Replies: 7
Views: 905

Any significance to certain ratios at 1:1?

At various points, certain dollar amounts might match up exactly or be at a close 1:1 ratio to each other. These numbers might be directly related or completely unrelated. I'm curious if any pairs of numbers actually have much meaning or if that point should be used as guidance to do or not do somet...
by harikaried
Tue Nov 27, 2012 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to Roth 403b in CA+28%?
Replies: 2
Views: 334

Contribute to Roth 403b in CA+28%?

My wife's 403b had trouble getting set up early enough to max out the $17k this year, but the plan might allow for Roth 403b contributions. We've already maxed out Roth IRA contributions, so it should be a no-brainer to put any extra money into the Roth 403b if we can? We would need to calculate how...
by harikaried
Wed Nov 14, 2012 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Re: Any way to convert previous paychecks into 403b?

I believe you can wait until filing time before doing a recharacterization Good to know. I've been checking out Publication 590, and it seems to confirm that. http://www.irs.gov/publications/p590/ch01.html But things are actually a bit trickier than they seem! So my wife's and my Roth IRAs combined...
by harikaried
Tue Nov 13, 2012 4:40 pm
Forum: Personal Consumer Issues
Topic: Capitol One cashback vs Fidelity Rewards Visa
Replies: 14
Views: 1836

Re: Capitol One cashback vs Fidelity Rewards Visa

I'm transitioning from an old AmEx Blue Cash (5%/1%, $6.5k threshold) to a Priceline Visa 2% cash back. Note, there's two different Priceline Visas (managed by Barclays) where one is cash back and the other is points.
by harikaried
Mon Nov 12, 2012 9:14 pm
Forum: Personal Consumer Issues
Topic: iPad Mini or Similar?
Replies: 34
Views: 3420

Re: iPad Mini or Similar?

I just noticed that instead of getting an iPad Mini ($329), you could get a Nexus 7 ($199) and a Kindle Paperwhite ($119) and have $11 for some apps/books.
by harikaried
Sun Nov 11, 2012 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Re: Any way to convert previous paychecks into 403b?

Recharacterize your 2012 Roth contributions as trad IRA, and then convert back to Roth. That way, there's no phase out range. Right. That's what I'll need to do if I can't get the MAGI low enough. I'm just trying to see if there's anything easy enough to avoid that hassle. Do I need to do this in 2...
by harikaried
Sat Nov 10, 2012 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Re: Any way to convert previous paychecks into 403b?

HSA? One of the ways to reduce taxable income. I'm not familiar with HSAs, but if they're like FSAs, don't you need to determine ahead of time how much you're going to put towards it in the previous year? Or if they're tied to health insurance, changes would only be allowed during open enrollment, ...
by harikaried
Sat Nov 10, 2012 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Re: Any way to convert previous paychecks into 403b?

We've already put $5k each for Roth IRAs many months ago, but now that I've thought about it a bit more, it seems like we might need to calculate the details of whether or not we need to undo those contributions and instead do the backdoor. It seems like we might be just at the top end of the compl...
by harikaried
Tue Nov 06, 2012 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Re: Any way to convert previous paychecks into 403b?

So just checking, there doesn't seem like much the school or the payroll can do, and we'll need to just work things out on our side?
by harikaried
Mon Nov 05, 2012 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Re: Any way to convert previous paychecks into 403b?

His and her deductible traditional IRAs? We've already put $5k each for Roth IRAs many months ago, but now that I've thought about it a bit more, it seems like we might need to calculate the details of whether or not we need to undo those contributions and instead do the backdoor. The school's payr...
by harikaried
Mon Nov 05, 2012 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: Any way to convert previous paychecks into 403b?
Replies: 12
Views: 1264

Any way to convert previous paychecks into 403b?

The people who manage the school's payroll system have been slow to set up the 403b, and it seems impossible to max out the $17k for 2012 at this point. The payroll people said they could set up with whomever is convenient, so we've tried to set up with Vanguard then Fidelity (starting in fall 2011)...
by harikaried
Mon Nov 05, 2012 2:34 am
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting: average 1%/yr benefit since 2000?
Replies: 2
Views: 616

Tax Loss Harvesting: average 1%/yr benefit since 2000?

A friend just pointed me to Wealthfront, who announced their automatic tax loss harvesting a month ago. They provided a whitepaper giving some details of how they came up with their advertised "+1.0% better performance" (that "should not be relied upon for predicting future performance" ;)): https:/...
by harikaried
Fri Oct 26, 2012 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How to best pay back a $200k loan from the parents
Replies: 87
Views: 6009

Re: How to best pay back a $200k loan from the parents

I arranged with my parents that I'd pay them back over a 10 year period, with interest equivalent to a 5% return using an amortization schedule. I think there might just be a misunderstanding of terminology. (And I'm not sure if I have things right either.) It sounds like lightheir and parents agre...
by harikaried
Mon Oct 22, 2012 1:31 am
Forum: Personal Finance (Not Investing)
Topic: Refinance house?
Replies: 14
Views: 1470

Re: Refinance house?

Sounds like you should refinance, unless you are about to sell the house. Any particular reason for not refinancing if selling the house is soon? There are $0-cost refinance with some that result in cash back. It could free up monthly money in preparation to selling or reduce total expenses with a ...
by harikaried
Wed Oct 17, 2012 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Cash Back Reward Credit Cards
Replies: 55
Views: 7447

Re: Cash Back Reward Credit Cards

boglerocks wrote:the Rewards tab only mentions: 2 Miles for every $1.00 Purchases
Did you apply from this page? https://www.pricelinevisa.com/ There may be multiple Priceline cards with different rewards structures.
by harikaried
Tue Oct 16, 2012 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Regular Investments
Replies: 5
Views: 573

Re: Regular Investments

How about on her birthday, ¼ birthday, ½ birthday, and ¾ birthday? Just make sure you and she are clear about what it's for.
by harikaried
Sun Oct 14, 2012 12:58 am
Forum: Investing - Theory, News & General
Topic: Why doesn't the general public care about expense ratios?
Replies: 101
Views: 9268

Re: Why doesn't the general public care about expense ratios

I just saw a commercial yesterday where the Schwab guy said that some of their ETFs had costs even "lower than Vanguard." It's right on their home page now. "Schwab ETFs now have the lowest expense ratios in their respective Lipper categories. Lower than both Vanguard and SPDRs. Plus $0 online trad...
by harikaried
Fri Oct 12, 2012 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Critique Our 2013 Financial Plan
Replies: 10
Views: 1784

Re: Critique Our 2013 Financial Plan

Or ~$3.3k for monthly expenses. (Don't forget about property tax, insurance, etc.) Yep that's our exact monthly budget. We've accounted for Gas, groceries, bills / utilities, prop tax & home insurance, and misc. spending / shopping plus some travel money. We don't have kids so our expenses are pret...
by harikaried
Thu Oct 11, 2012 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: What are Vanguards Largest Funds
Replies: 8
Views: 1693

Re: What are Vanguards Largest Funds

Any way to find out Vanguard's largest funds other than individually checking each funds net assets ? How recent of data do you want? Here's the assets in millions at the end of last year: http://en.wikipedia.org/wiki/List_of_US_mutual_funds_by_assets_under_management 4 VTSMX Vanguard Total Stock M...
by harikaried
Thu Oct 11, 2012 10:27 pm
Forum: Personal Consumer Issues
Topic: Whole Disk Encryption?
Replies: 37
Views: 2562

Re: Whole Disk Encryption?

I don't have much to hide, so no reason. My life is not encrypted either. -- Tet Have you ever entered in your social security number, home address, bank account information, passwords on your computer? How about browsing history or bookmarks? Some pieces might seem safe or trivial, but tiny hints ...
by harikaried
Thu Oct 11, 2012 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Critique Our 2013 Financial Plan
Replies: 10
Views: 1784

Re: Critique Our 2013 Financial Plan

Just doing a sanity check on funds for each month.. $141k gross income - $5.5k HSA - $17.5k 401k = $118k before tax $118k * (100% - 25% - 5.5%) = $82k after tax (definitely more with deductions and graduated tax brackets) $82k - $5k his Roth - $5k her Roth = $72k before debts $72k - $18k student loa...
by harikaried
Thu Oct 11, 2012 11:37 am
Forum: Personal Consumer Issues
Topic: Whole Disk Encryption?
Replies: 37
Views: 2562

Re: Whole Disk Encryption?

One way to think about it is if you only encrypt data that you care about, it makes it easy for an attacker to find the data you care about. Encrypt everything, and an attacker has no clues where to start.
by harikaried
Wed Oct 10, 2012 12:08 pm
Forum: Investing - Theory, News & General
Topic: Do you overweight emerging markets?
Replies: 83
Views: 8584

Re: Do you overweight emerging markets?

Personally I just don't think ex-US developed is enough different from the US to be worth it. I wonder if similar logic should be applied to the relative weighting of largecap-to-smallcap as developed-to-emerging? E.g., if largecap should be 2x smallcap, developed should be 2x emerging. So assuming...
by harikaried
Tue Oct 09, 2012 9:20 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't the general public care about expense ratios?
Replies: 101
Views: 9268

Re: General public and Expense Ratios?

Mr. Bogle and Morningstar have conducted similar studies with the same conclusion. Interesting. I found this post on nytimes.com referencing the Morningstar study: http://bucks.blogs.nytimes.com/2010/08/11/fund-expenses-more-important-than-five-star-status/ A few select quotes: Morningstar, in an a...
by harikaried
Tue Oct 09, 2012 7:29 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't the general public care about expense ratios?
Replies: 101
Views: 9268

Re: Why doesn't the general public care about expense ratios

I told him that we already had lots of index funds in our 401(k) with expense ratios below 0.1%. He was completely unaware of those index funds. To be fair, if the list of investment choices is anything like mine, all it shows.. 1) investment category (large cap, international, etc) 2) inception da...
by harikaried
Tue Oct 09, 2012 5:21 pm
Forum: Investing - Theory, News & General
Topic: What is the return on stock vs real estate investing?
Replies: 64
Views: 5091

Re: What is the return on stock vs real estate investing?

It seems like one of the biggest but limited way to invest with real estate is with a primary residence. You get to exclude $500k of gains. The tricky part is that assuming equal growth across housing, the easiest way to make sure you reach the $500k gain is to buy a more expensive house. And of cou...
by harikaried
Tue Oct 09, 2012 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Front load 401k contributions or not?
Replies: 25
Views: 7704

Re: Front load 401k contributions or not?

Isn't this similar to lump sum vs DCA and hasn't it been proven that lump summing tends to be better? You also need to consider the alternative. If the 401k wasn't front-loaded, would one still be investing the after-tax dollars in a taxable account? Or similarly, if the 401k is front-loaded, then ...
by harikaried
Tue Oct 09, 2012 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Front load 401k contributions or not?
Replies: 25
Views: 7704

Re: Front load 401k contributions or not?

One benefit of front loading is you have fewer things to consider for potential wash sale conflicts later in the year.

One benefit of spreading out is that it gives you regular opportunities to rebalance to your asset allocation in a tax advantaged account.
by harikaried
Mon Oct 08, 2012 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Help with fund selection in 401k to maintain AA
Replies: 10
Views: 730

Re: Help with fund selection in 401k to maintain AA

If I de-prioritize maintaining a certain mix you'd recommend getting rid of extended market first, then TISM? Is that because TISM is a "more different" asset class, compared to the 500 fund, than extended market? You can compare the past performance of VIFSX (Vanguard 500) vs VEXMN (Vanguard exten...
by harikaried
Mon Oct 08, 2012 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Help with fund selection in 401k to maintain AA
Replies: 10
Views: 730

Re: Help with fund selection in 401k to maintain AA

all of my savings are currently going towards the "buy a house" fund. There's also the "get married" fund to consider Any expectations of when those will be? If you expect you'll be able to save twice as much as you'll need when you need it, you could just invest that money in a taxable account wit...
by harikaried
Mon Oct 08, 2012 1:19 am
Forum: Investing - Help with Personal Investments
Topic: Help with fund selection in 401k to maintain AA
Replies: 10
Views: 730

Re: Help with fund selection in 401k to maintain AA

Looks like you have no debts and are maxing both 401k and Roth, so what are you planning to do with your savings? Sounds like you'll have money to do taxable investing, and that's a good place to put international funds. So depending on how much you'll be able to invest in taxable accounts, you migh...
by harikaried
Sun Oct 07, 2012 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: 0% capital gains rate -- Really?
Replies: 29
Views: 3087

Re: 0% capital gains rate -- Really?

In your scenario you are effectively paying ordinary income tax on $10k of those gains. Think about it. Ah, I see. I guess it depends on how much carryover losses you have and how much you can tax gain harvest. E.g., if you had $1 carryover loss and $88,001 in long term gains to realize to pay 0%, ...
by harikaried
Sun Oct 07, 2012 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: 0% capital gains rate -- Really?
Replies: 29
Views: 3087

Re: 0% capital gains rate -- Really?

"...my last year's tax had capital loss..." You're out of luck. You cannot tax gain harvest. Why not? Doesn't the previous year's losses just reduce the amount of capital gains from this year, so you can actually tax gain harvest even more? Using TaxCaster http://turbotax.intuit.com/tax-tools/calcu...
by harikaried
Sun Oct 07, 2012 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Refi freed up $500: Mortgage, 401k, or Taxable
Replies: 18
Views: 1425

Re: Refi freed up $500: Mortgage, 401k, or Taxable

we're already contributing over 20% of $130,000 worth of salaries to tax advantaged space and still have room for much, much more before we max out 401k space So you're currently contributing $26k combined out of a maximum 401k contribution of $17k * 2 for 2012. You seemed to use a 25% tax rate whe...
by harikaried
Sun Oct 07, 2012 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: 0% capital gains rate -- Really?
Replies: 29
Views: 3087

Re: 0% capital gains rate -- Really?

Nowhere in that process does there seem to be an "enter 0 if your tax rate is 15% or less". See Schedule D Tax Worksheet (2011): 20. Subtract line 17 from line 16. This amount is taxed at 0% Where a few lines before that says to enter.. $34,500 if single or married filing separately; $69,000 if mar...
by harikaried
Fri Oct 05, 2012 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Amex Blue Cash Everyday VS Amex Fido 2% cash back...
Replies: 40
Views: 15584

Re: Amex Blue Cash Everyday VS Amex Fido 2% cash back...

If you're looking for 2% cash back, the Priceline Visa might be a good option: https://www.pricelinevisa.com/ I switched to it recently to simplify my credit cards while increasing overall cash back. (Almost 60% of my charges fall into the "rest/others/no-category" category, so 2% instead of 1% make...
by harikaried
Thu Oct 04, 2012 5:26 pm
Forum: Personal Consumer Issues
Topic: Why your rewards card is killing the economy
Replies: 22
Views: 1821

Re: Why your rewards card is killing the economy

The main point of the article is that credit cards lead to merchants raising their prices to cover the credit card fees and in the big picture, this means money is leaving the local economy (made up of you and your local merchants) and going to the credit card companies. So using that thinking, it s...
by harikaried
Thu Oct 04, 2012 4:52 pm
Forum: Investing - Theory, News & General
Topic: The Largest Stock Funds
Replies: 5
Views: 800

Re: The Largest Stock Funds

What ever happened to Fidelity Magellan The last time it was in this list of top 75 funds by assets was Q1 2012 in the April 4th report. http://online.wsj.com/mdc/public/page/2_3023-largstkbal-20120404.html It had $16.5 billion in assets then. The cutoff for Q2 2012 top 75 (July 6th) was $15.2 bill...
by harikaried
Thu Oct 04, 2012 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of Thumb...Credit Card Limit
Replies: 52
Views: 6412

Re: Rule of Thumb...Credit Card Limit

roymeo wrote:"I'd rather raise the limit on this account rather than opening up another account with someone else."
I suppose going along that line of thinking to entice the credit union... "I'd rather pay 20% interest to you than opening a credit card with some big bank!" ;)
by harikaried
Thu Oct 04, 2012 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: lots of debt and lots of time...what would you do..
Replies: 24
Views: 2464

Re: lots of debt and lots of time...what would you do..

I think I am going to put another 5k-10k down next month and recast the loan again to get the minimum payment to ~ $350 a month Assuming the current 1.625% rate for 20 years after recasting the loan, every $5k principle you pay off reduces the monthly payments by about $24. This means you need to g...
by harikaried
Thu Oct 04, 2012 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Do I rebalance when I add to taxable?
Replies: 11
Views: 924

Re: Do I rebalance when I add to taxable?

I do like to use contributions to nudge things back in the right direction, rather than moving things more out-of-balance I think the issue is mainly that you're generally adding international and not bonds to the taxable account, so that causes you to be more out-of-balance. Vanguard has a paper s...