Search found 191 matches

by PrettyCoolWorkshop
Tue Dec 18, 2018 10:50 am
Forum: Personal Investments
Topic: Tax Loss Harvesting: Is opening cross possible with no cash on hand?
Replies: 3
Views: 252

Re: Tax Loss Harvesting: Is opening cross possible with no cash on hand?

Thanks for the replies, livesoft. I agree that I'm worrying about small potatoes. As a sanity check, the bid-ask spread for ITOT is $0.02 on a share price of $58.09. Crossing this spread twice (assuming the replacement fund is similar) costs .068% of your trade, or $68.85 for every $100k invested. I...
by PrettyCoolWorkshop
Tue Dec 18, 2018 10:08 am
Forum: Personal Investments
Topic: Tax Loss Harvesting: Is opening cross possible with no cash on hand?
Replies: 3
Views: 252

Tax Loss Harvesting: Is opening cross possible with no cash on hand?

Howdy folks. It looks like I need to do some tax-loss harvesting before the end of the year. I intend to log into my fidelity account, do a limit order to sell ITOT at the current asking price, and immediately after execution put in a limit order at the current bid price to buy a non-identical fund....
by PrettyCoolWorkshop
Thu Dec 06, 2018 12:51 pm
Forum: Personal Consumer Issues
Topic: Do I have a rebate, subsidy, savings for you!
Replies: 23
Views: 2121

Re: Do I have a rebate, subsidy, savings for you!

Some of these practices are designed to capture consumer surplus, and they do it very well.
by PrettyCoolWorkshop
Thu Dec 06, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Should we sell farmland to coal company?
Replies: 33
Views: 2192

Re: Should we sell farmland to coal company?

Selling the land to the coal company is clearly the better financial decision if you can get $800,000 and royalties. Whether this meets your criteria other than pure financial criteria (loyalty to the community, land as your legacy, etc) is up to you. Consider this- if you currently did not own any ...
by PrettyCoolWorkshop
Mon Dec 03, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Edward Jones a Review and Analysis: Can Edward Jones be Used for a Boglehead Three Fund Portfolio?
Replies: 36
Views: 3931

Re: Edward Jones a Review and Analysis: Can Edward Jones be Used for a Boglehead Three Fund Portfolio?

I imagine this thread is meant to stir the pot a bit... which I approve of. Considering alternatives to the consensus is a good exercise in creativity and planning. One factor you haven't considered is that if you pass away or become incapacitated, your heirs/ guardians will have to manage your port...
by PrettyCoolWorkshop
Fri Nov 30, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: Mattress Reco
Replies: 21
Views: 1896

Re: Mattress Reco

After a good amount of research, I developed a good way to buy a mattress earlier this year. It worked well for me and I recommend it, and I posted about it here: viewtopic.php?f=11&t=249597 Buy a firm or very firm innerspring mattress. This does not have to be expensive, I got mine at IKEA for $300...
by PrettyCoolWorkshop
Mon Nov 26, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: When to stop and settle at one place?
Replies: 34
Views: 4638

Re: When to stop and settle at one place?

To me, a big part of the question is your friends and family. I have a large group of friends that I treasure that lives in my city. It would break my heart a bit to leave them. I'm a big nerd, so it would probably take me years and years to build up a comparable group of friends again, if I even co...
by PrettyCoolWorkshop
Wed Nov 21, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Why won't amazon adjust a price or otherwise credit me?
Replies: 14
Views: 1982

Re: Why won't amazon adjust a price or otherwise credit me?

Activation energy. It is a bunch more trouble for the customer to take the item, put it back in the box, and drive to UPS to go return it than it is for the customer to contact customer service and beg for an adjustment. More trouble means they do it less often, which works out to better $ for Amazon.
by PrettyCoolWorkshop
Tue Nov 20, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Good oil for cooking and salad?
Replies: 38
Views: 2659

Re: Good oil for cooking and salad?

In our house we use bacon fat, butter, olive oil (regular & EVO), & coconut oil (the non flavored kind). Just depends on if we're frying, sauteing, baking or flavoring. I've read articles about the use of Hexane in the processing of canola & vegetable oils. These are the most prevalent types of oil...
by PrettyCoolWorkshop
Fri Nov 16, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: What convenience fees does your city charge for credit card use?
Replies: 40
Views: 2208

Re: What convenience fees does your city charge for credit card use?

My city water utility charges $2.00 per transaction. I pay by check now that they've implemented it. :annoyed $2 per credit card transaction regardless of the amount due? Yes, no matter what my water bill is, if I want to use a cc/debit card to pay my monthly bill online, they charge 2 bucks. I can...
by PrettyCoolWorkshop
Mon Nov 12, 2018 4:04 pm
Forum: Personal Investments
Topic: TLH Timing - IXUS to VXUS
Replies: 7
Views: 630

Re: TLH Timing - IXUS to VXUS

Here are an article and a recent thread about qualified dividends. Oughta clear up some details:

https://www.fidelity.com/tax-informatio ... -dividends

viewtopic.php?f=1&t=262292&p=4182750#p4182750
by PrettyCoolWorkshop
Mon Nov 12, 2018 2:30 pm
Forum: Personal Investments
Topic: TLH Timing - IXUS to VXUS
Replies: 7
Views: 630

Re: TLH Timing - IXUS to VXUS

I would like to understand the rationale regarding timing of distributions.
by PrettyCoolWorkshop
Mon Nov 12, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: At what point does a life insurance policy not make sense?
Replies: 17
Views: 2272

Re: At what point does a life insurance policy not make sense?

I think that the answer to this question has many subjective variables. For example, to what extend do your dependents depend on you? Imagine the cases of: case 1: You are the sole breadwinner, with take home pay of $70,000.You have accumulated investments of $200,000. Your family's cost of living i...
by PrettyCoolWorkshop
Thu Nov 08, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Home Design CAD program for Mac or iPad
Replies: 7
Views: 581

Re: Home Design CAD program for Mac or iPad

Sketchup (formerly a google product, now from the smaller software company Trimble) is a great CAD tool that is easy to use. Probably has an easier learning curve than anything else out there. It is not specifically focused on architecture, but plenty of people use it for that purpose. Very versatil...
by PrettyCoolWorkshop
Thu Nov 08, 2018 8:23 am
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 4553

Re: 426% return if there is a recession in 2019?

Bogleheads encourage fiscal discipline, and fun money is poor discipline. Endearment of this behavior is contrary to Boglehead’s philosophy and doesn’t have a place on this forum. Please don’t promote such fiscal recklessness. I think it is worth entertaining the idea that you are smarter than the ...
by PrettyCoolWorkshop
Tue Nov 06, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Ally doesn't allow using accounts for business...where to go for free checking for wholesale biz?
Replies: 3
Views: 309

Re: Ally doesn't allow using accounts for business...where to go for free checking for wholesale biz?

Sole Proprietorships generally do not require a separate bank account. It may be desirable to have a separate account for the purpose of keeping track of income and expenses more easily. Especially considering that it sounds like it does not have any employees, it may be convenient enough to you to ...
by PrettyCoolWorkshop
Mon Nov 05, 2018 1:52 pm
Forum: Personal Investments
Topic: Is it a waste keeping money in a money market account?
Replies: 33
Views: 8271

Re: Is it a waste keeping money in a money market maccount?

In my experience, money market account yields have not done any better than bank account yields since I've been an adult (about a decade). Currently, FZFXX offers a yield of 1.83% while ally penalty free CD's are offering 2.1%. I am also not 100% sure whether the FZFXX yield includes its expense ra...
by PrettyCoolWorkshop
Fri Nov 02, 2018 2:37 pm
Forum: Personal Investments
Topic: Is it a waste keeping money in a money market account?
Replies: 33
Views: 8271

Re: Is it a waste keeping money in a money market maccount?

In my experience, money market account yields have not done any better than bank account yields since I've been an adult (about a decade). Currently, FZFXX offers a yield of 1.83% while ally penalty free CD's are offering 2.1%. I am also not 100% sure whether the FZFXX yield includes its expense rat...
by PrettyCoolWorkshop
Wed Oct 31, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Falling off the ACA subsidy cliff
Replies: 62
Views: 6062

Re: Falling off the ACA subsidy cliff

It sounds like your sons are still your dependents, but old enough to work, and that is why their income counts towards your MAGI. Is that correct? Have them contribute the maximum they can towards IRA's. Now, getting creative... Double check me on these techniques because they might be wrong/have I...
by PrettyCoolWorkshop
Thu Oct 25, 2018 10:55 am
Forum: Personal Investments
Topic: Holding Period Question for Tax Loss Harvesting and Qualified Dividends
Replies: 4
Views: 444

Re: Holding Period Question for Tax Loss Harvesting and Qualified Dividends

Let's say that I bought 1000 shares of the ITOT ETF 119 days before the ex-dividend date. 62 days later, ITOT has dropped, and I decided to tax-loss harvest. I sell all 1000 shares. In order to avoid a wash sale, I then waited 32 days before buying 1000 shares of ITOT again. I do no more trades bef...
by PrettyCoolWorkshop
Thu Oct 25, 2018 9:55 am
Forum: Personal Investments
Topic: Holding Period Question for Tax Loss Harvesting and Qualified Dividends
Replies: 4
Views: 444

Holding Period Question for Tax Loss Harvesting and Qualified Dividends

Howdy Bogleheads. I have a hypothetical situation to ask a tax question to you guys. Let's say that I bought 1000 shares of the ITOT ETF 119 days before the ex-dividend date. 62 days later, ITOT has dropped, and I decided to tax-loss harvest. I sell all 1000 shares. In order to avoid a wash sale, I ...
by PrettyCoolWorkshop
Fri Oct 19, 2018 2:52 pm
Forum: Personal Investments
Topic: Options for $200,000 in housing money
Replies: 4
Views: 872

Re: Options for $200,000 in housing money

If you eliminate option 2 and come to the conclusion that your two best options (1 and 3) are to either pay down the mortgage or sit the cash in savings, ask yourself: Would I take out a loan at 3.875% so that I can leave the money sitting in Ally savings and earn 1.8%? If your answer is yes (which ...
by PrettyCoolWorkshop
Fri Oct 19, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: How to recognize loss on $0.00 call option
Replies: 7
Views: 677

Re: How to recognize loss on $0.00 call option

This is speculative on my part, but- I bet that if you find a broker that is willing to directly trade with you you can sell it to him. You would likely have to find out a way to do this as a direct party-to-party transaction, and I imagine brokers would know how to do this. You might have to sweete...
by PrettyCoolWorkshop
Mon Oct 15, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: How do you buy a mattress ?
Replies: 31
Views: 2767

Re: How do you buy a mattress ?

After a good amount of research, I developed a good way to buy a mattress earlier this year. It worked well for me and I recommend it, and I posted about it here: viewtopic.php?f=11&t=249597 Buy a firm or very firm innerspring mattress. This does not have to be expensive, I got mine at IKEA for $300...
by PrettyCoolWorkshop
Mon Oct 15, 2018 6:58 am
Forum: Investing - Theory, News & General
Topic: Question about Market Cap and Shares Outstanding
Replies: 1
Views: 200

Question about Market Cap and Shares Outstanding

Howdy Bogleheads. Today I have a question about a few terms that get thrown around. Let's say that a company has 1000 shares, valued at $5 a piece, and 100% of shares are outstanding. To my knowledge, this means that all shares are owned by parties other than the company itself (this may be wrong- d...
by PrettyCoolWorkshop
Tue Oct 09, 2018 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3457

Re: Formula for when to buy in bulk

... Let's assume that any money Bob doesn't spend on toilet paper is immediately invested in the S&P500 (quite an assumption!), and that he expects this would earn him 7% real annually. He is deciding between buying a $20 case of 48 rolls of T.P. that would last him a year, versus a $1.70 box of 4 ...
by PrettyCoolWorkshop
Mon Oct 08, 2018 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3457

Re: Formula for when to buy in bulk

Ask yourself, when was the last time you actually used a months supply of your stashed stuff? Maybe if you lived through he hurricane in Puerto Rico. Otherwise a months supply is too much. Too much storage. Then again, you won't be the one rushing to the store and emptying the shelves of everything...
by PrettyCoolWorkshop
Mon Oct 08, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Postponing the bonus to next year. Is it a good idea?
Replies: 30
Views: 2047

Re: Postponing the bonus to next year. Is it a good idea?

Here are some pages about the constructive receipt doctrine. A bit less than 80,000 pages.

http://nersp.osg.ufl.edu/~acadian/polan ... eceipt.pdf
by PrettyCoolWorkshop
Mon Oct 08, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3457

Re: Formula for when to buy in bulk

The general term for this computation is determining present value of a series of payments. The equation can be read about here: http://financeformulas.net/Present_Value_of_Annuity.html Assuming there is no spoilage, transaction costs or carrying costs, then the only case where a bigger purchase at ...
by PrettyCoolWorkshop
Fri Oct 05, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: How to clean oil off a lamp without damaging it
Replies: 10
Views: 804

Re: How to clean oil off a lamp without damaging it

Is part of the problem that you cannot access the internal of the oil reservoir? If not, I think oven cleaner is worth trying. Highly alkaline. Baked on food grease and burnt on oil soot or just raw oil should be similar. Make sure it doesn't damage the brass by testing on an inconspicuous area firs...
by PrettyCoolWorkshop
Fri Oct 05, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: How is the ACA penalty calculated for 2018?
Replies: 10
Views: 1091

Re: How is the ACA penalty calculated for 2018?

A couple things that I have read over the years: 1. In years past, I read that in situations where you owe a penalty and are due for a refund when you file your taxes, the penalty will come out of your refund. However, if you owe taxes due when you file, if you do not include the penalty amount in y...
by PrettyCoolWorkshop
Wed Oct 03, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: [WSJ] The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart.
Replies: 52
Views: 7086

Re: [WSJ] The ‘Dumb’ Money Is Bailing on U.S. Stocks. That’s Smart.

So, the MSCI World ex US index goes back to 12/31/1969. Starting from January, 1970 and using monthly returns for MSCI World ex US and US large cap stocks, there have been a total of 466 rolling 10-year periods up until the end of September, 2018. Out of those 466 rolling 10-year periods, internati...
by PrettyCoolWorkshop
Tue Oct 02, 2018 12:15 pm
Forum: Personal Investments
Topic: Feeling wobbly
Replies: 15
Views: 2101

Re: Feeling wobbly

I think that there is a lot of value to be had in experimenting. Try out putting $1000 or some other smallish amount into a small cap fund and watching it for a year, then seeing how you feel about it. If you like it, buy more. I personally have put extra money (though small relative to the portfoli...
by PrettyCoolWorkshop
Tue Oct 02, 2018 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Root of Good's cost of raising a child: $3,300 per year
Replies: 163
Views: 6374

Re: Root of Good's cost of raising a child: $3,300 per year

He shows $0 for healthcare. So is he not paying health insurance? How wonderful. :| I suspect that you and I are paying those healthcare costs. :annoyed (What is annoying here, for me, is that he apparently is doing this by choice, not because of limited resources/medical problems/lack of education...
by PrettyCoolWorkshop
Mon Oct 01, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Help me manage my day to day bills to save more!!
Replies: 45
Views: 3907

Re: Help me manage my day to day bills to save more!!

I have actionable advice to save on your phone bill. Switch to tello. It is an MVNO that runs off of the Sprint network, and costs only $14 per month for a single mobile line that has unlimited talk and text, and 1 GB of data. For the 2 of you, it would be $28 per month (maybe $33 or so after taxes ...
by PrettyCoolWorkshop
Tue Sep 25, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: How to buy a mattress
Replies: 62
Views: 7244

Re: How to buy a mattress

After a good amount of research, I developed a good way to buy a mattress earlier this year. It worked well for me and I recommend it, and I posted about it here: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=249597 Buy a firm or very firm innerspring mattress. This does not have to be expen...
by PrettyCoolWorkshop
Thu Sep 13, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 2189

Re: Buying townhome/home -- need opinions

OP, I was in a very similar situation to yours about 2 years ago at the age of 25, and I made a thread here about it. You can see it in my profile or search for the title "Advice for First Time Homebuyer." I had a tiny bit more income, a lot more in savings (for a 20% down payment no matter what) a ...
by PrettyCoolWorkshop
Thu Sep 06, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Rent Increase or Not?
Replies: 25
Views: 2795

Re: Rent Increase or Not?

OP, is this your first year that you are doing this? You should not set a precedent for the rent staying unchanged forever, that would lead to unrealistic expectations. What I typically do is look up the year-over-year increase in CPI-W, and index the rent to it accordingly. This provides a solid j...
by PrettyCoolWorkshop
Thu Sep 06, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 20202

Re: How to Retire in Your 30's with $1 Million in the Bank

Yeah right, as long as you won't be making those choices. Anyway, I think this thread has run its course. Nothing new to add here. FIRE is a really bad idea for 99% of people. Keep working, keep earning. That should be the mantra. Translation: "Get off my lawn!" I am not a 30 year old retiree. But,...
by PrettyCoolWorkshop
Thu Sep 06, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Rent Increase or Not?
Replies: 25
Views: 2795

Re: Rent Increase or Not?

OP, is this your first year that you are doing this? You should not set a precedent for the rent staying unchanged forever, that would lead to unrealistic expectations. What I typically do is look up the year-over-year increase in CPI-W, and index the rent to it accordingly. This provides a solid ju...
by PrettyCoolWorkshop
Fri Aug 17, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 6118

Re: Fidelity 401(k) millionaires hits record high

168000/16100000*100=1.0434783 'bout a percent. By the way, Launchy is a great program for doing math quick. Espeically with the Mathy Resurrected plugin. https://www.launchy.net/ (not affiliated, just a fan). Please tell me you really didn’t need a calculator for that math I didn't need it, the fol...
by PrettyCoolWorkshop
Fri Aug 17, 2018 1:22 pm
Forum: Personal Investments
Topic: Spreadsheet Question
Replies: 10
Views: 1067

Re: Spreadsheet Question

Calculating the XIRR over the lifetime is easy in a single spreadsheet as shown above with list of dated inflows, outflows and the current balance as a negative with today's date. I haven't found a good way to arrange the data to calculate IRR for each individual calendar year, even though I have a...
by PrettyCoolWorkshop
Thu Aug 16, 2018 1:41 pm
Forum: Personal Investments
Topic: Spreadsheet Question
Replies: 10
Views: 1067

Re: Spreadsheet Question

As a quick example of the use of XIRR, you can work up this example in excel to play with it: ROW\COLUMN  A         B 1        1/1/2017    500 2        1/1/2018    600 3         1/1/2019    -1500 4 5                =XIRR(B1:B3,A1:A3) in this example, the XIRR() function evaluates to .23303. What thi...
by PrettyCoolWorkshop
Thu Aug 16, 2018 1:26 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 6118

Re: Fidelity 401(k) millionaires hits record high

168000/16100000*100=1.0434783

'bout a percent.

By the way, Launchy is a great program for doing math quick. Espeically with the Mathy Resurrected plugin.

https://www.launchy.net/ (not affiliated, just a fan).
by PrettyCoolWorkshop
Fri Aug 10, 2018 2:12 pm
Forum: Personal Consumer Issues
Topic: Should I pay 6000.00 to repair wife's car....
Replies: 77
Views: 5223

Re: Should I pay 6000.00 to repair wife's car....

What are the issues... why so secretive? If it's a safety concern, probably not worth fixing. Otherwise, $6k is certainly less than any new car out there. If it's her baby and she loves it, and with low miles like that, get the issues fixed and move on with life. Here are the issues: 1) Ignition ke...
by PrettyCoolWorkshop
Thu Aug 09, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Regarding FIRE
Replies: 10
Views: 1210

Re: Regarding FIRE

If you were to include your house in your assets, you would also have to include the imputed rent you are "spending" by living in the house.

This could be a useful comparison if you plan to make a lifestyle change by moving to an apartment in the future, etc.
by PrettyCoolWorkshop
Tue Aug 07, 2018 11:40 am
Forum: Personal Investments
Topic: How many years till FIRE? Which path would you choose?
Replies: 38
Views: 5042

Re: How many years till FIRE? Which path would you choose?

1. At age 40, I would use a safe withdrawal rate of 2.0% to 2.5%. That means you’d need $6 million to $7.5 million to sustain a $150,000 in expenses. That said, if it will take you to age 50, you can up the withdrawal rate to 3%. There are plenty of online calculators that will show you how long it...
by PrettyCoolWorkshop
Fri Aug 03, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 92361

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

What is the distinction in regards to capital gains when using an equivalent vanguard fund? How is their capital gains less expensive? As an aside, I am only a fidelity customer because my wife works for fidelity and I have to use them b/c of compliance. I was a vanguard customer previously. It's t...
by PrettyCoolWorkshop
Fri Aug 03, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 92361

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

If we liked Vanguard back when it was "cheapest," and now Acme is "cheapest," we should now like Acme better than Vanguard. Smectym We also like Vanguard (and continue to do so) because of its distribution structure and how we never see/pay taxes on LTCG distributions. You got that right! Though it...
by PrettyCoolWorkshop
Fri Aug 03, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 92361

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

I took the opportunity today to tax-loss-harvest out of IXUS and into FZILX. I welcome the dawn of the new era, where the finance industry stops making us pay them, and just lets us pay ourselves instead!