Search found 545 matches

by danaht
Mon Sep 04, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a fee from td ameritrade on a transfer
Replies: 24
Views: 4319

Re: Got hit with a fee from td ameritrade on a transfer

Sorry to hear that. You might be able to call TD Ameritrade again and ask to speak with someone higher-up - they might have the authority to waive the fee. One thing good about Vanguard is that they do not charge any transfer fees I believe . Most other brokerages charge a fee when you close an acco...
by danaht
Thu Aug 17, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: ObamaCare 2018
Replies: 74
Views: 11124

Re: ObamaCare 2018

After changing plans every year for the last 3 years and big price increases, I am not sure what I am going to do for 2018. Being pretty healthy, I am considering something drastic. I won't go totally uninsured, and it seems catastrophic plans aren't allowed (though deductibles are getting so high,...
by danaht
Sun Aug 13, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: REIT
Replies: 52
Views: 5502

Re: REIT

Everything can lose money - even the S&P 500 has some years where it is negative. I believe REITs are just having a tough year - but in the last few years the Vanguard REIT ETF (VNQ) has had very good performance. VNQ is a good fund - and it's not as risky as owning an individual stock. Having said ...
by danaht
Fri Aug 11, 2017 7:08 am
Forum: Investing - Help with Personal Investments
Topic: 20% In REITS?
Replies: 65
Views: 8844

Re: 20% In REITS?

I really like REITs in tax advantaged accounts. The main advantage of a REIT are the tax savings because the REIT pays very little corporate tax. These tax savings can really add up (just like the expense savings from low cost funds). This will help your Roth, and IRA grow. So, I am in favor of a ve...
by danaht
Sun Aug 06, 2017 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Tesla - next big lottery ticket ?
Replies: 179
Views: 22241

Re: Tesla - next big lottery ticket ?

Tesla already has a bigger market cap than Ford or GM. If you think Tesla is worth 10 Fords, or 10 GMs - then go for it and invest. I have never shorted a stock before - but Tesla would be the #1 stock on my list if I were to do so today. I like their product - but not the stock. The company also ne...
by danaht
Sat Aug 05, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help with understanding - pay taxes now or in future
Replies: 59
Views: 4592

Re: Help with understanding - pay taxes now or in future

I definitely favor funding the Roth IRA before investing the rest of your savings in the 401k if you are not doing so now. This is the order I like for someone in the 15 to 25% tax bracket): 1) traditional 401k - up to employer match 2) max HSA (if available) 3) max Roth IRA 4) max rest of tradition...
by danaht
Sat Aug 05, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: Grocery prices crazy for the last five months?
Replies: 19
Views: 2578

Re: Grocery prices crazy for the last five months?

Depends on where you live mostly. Some items have gone up - while others have gone down. In general, there is major competition in grocery right now with Aldi / Walmart / Target / Kroger / (and other grocery chains). Where I live in TX - prices have gone down mostly. Prices are getting so cheap that...
by danaht
Wed Jul 26, 2017 7:48 am
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 28574

Re: Living Off Dividends

Most US dividends are tax qualified at the 0 to 15% rate - where bonds are taxed at the full income tax rate. Most companies try to reward shareholders by increasing their dividends over time. So if you can live off of dividends only - then go for it. It's a good strategy. Also, to diversify - you c...
by danaht
Tue Jul 25, 2017 7:08 am
Forum: Personal Consumer Issues
Topic: YouTube TV - Anyone used or currently using?
Replies: 29
Views: 4544

Re: YouTube TV - Anyone used or currently using?

I have been using it for the last week. You Tube TV is great! Use it with an Android phone and Chromecast - and it can be a very good replacement for traditional Direct TV or cable. Being able to record shows and the ability to fast forward and rewind from live and recorded shows are the main featur...
by danaht
Sat Jul 22, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 169
Views: 22273

Re: Are you finding any good values at Amazon anymore?

Most of the deals I find on Amazon are from third party sellers. Amazon's own prices are definitely not cheap now compared to a couple years ago.
by danaht
Fri Jul 21, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Is there any reason not to? [4% Checking]
Replies: 36
Views: 4816

Re: Is there any reason not to? [4% Checking]

The difficult requirement here is the 20 debit transactions. I once had a similar requirement for another bank - and I was very frustrated when I had 19 debit transactions instead of 20 for one month. Also - making that many debit transaction usually means skipping a lot of credit card rewards point...
by danaht
Sun Jul 16, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Affordable home exercise
Replies: 100
Views: 10977

Re: Affordable home exercise

I recommend the Wii-Fit-U (with balance board, and fit meter) if you like video games. You can get everything except for the Nintendo-U console it runs on for $25 on Amazon right now. Just get a used Nintendo U for ~$99 and your all set!. I have been using variations of the Wii-Fit software for 7 ye...
by danaht
Fri Jul 14, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: 50% Cash, 50% Stocks: The Opportunistic Portfolio
Replies: 43
Views: 6142

Re: 50% Cash, 50% Stocks: The Opportunistic Portfolio

Cash is great when your getting 5% interest and FDIC insurance. But at 0 to 1% interest - it's very bad for your portfolio's growth.
by danaht
Thu Jul 13, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 51
Views: 7651

Re: Cutting the Cord: Who's Best?

You Tube TV is probably the best value - since you can record your shows at no extra cost. This includes being able to rewind and fast-forward recordings. I am still waiting for You Tube TV to be available in my area to try it out.
by danaht
Wed Jul 12, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 10328

Re: Personal loan to a family member

My experience - loans to relatives are usually not paid back. You'll have to make a decision if you want to give this money to your relative.
by danaht
Mon Jul 10, 2017 9:24 pm
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 11797

Re: Amazon prime day

Waiting for a sale on prime membership - otherwise won't participate in prime day.
by danaht
Sun Jul 09, 2017 8:29 pm
Forum: Investing - Theory, News & General
Topic: At what point does passive investing become dangerous?
Replies: 24
Views: 4262

Re: At what point does passive investing become dangerous?

Because most of the funds are weighted by market cap - passive indexing only becomes dangerous if the largest companies become too big. Right now Apple is 3.85% of the S&P 500. If Apple became the next "Enron" or "Worldcom" - then everyone who holds the S&P 500 index would automatically lose about 4...
by danaht
Sun Jul 09, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: A good VISA card for Gas & Groceries?
Replies: 66
Views: 5844

Re: A good VISA card for Gas & Groceries?

In any case, IMO, all those "grocery" cards are way overrated. They only work if your food comes from merchants that code at groceries. I personally shop very little at any merchant that codes as "grocery". Most foods come from Costco. Some from Wal-mart. Some from Safeway, some from Trader Joes. O...
by danaht
Sun Jul 09, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: A good VISA card for Gas & Groceries?
Replies: 66
Views: 5844

Re: A good VISA card for Gas & Groceries?

The card I use for groceries beats BCP by about 2.49%, and has no annual fee. Thanks for the teaser. 3.5%-1.01%=2.49% When you consider the annual fee, BCP is worse than a debit card. What card gives you 3.5%? They are probably referring to the Bank Of America Cash Rewards card (with the 75% platin...
by danaht
Sun Jul 09, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy
Replies: 13
Views: 2187

Re: Umbrella Policy

You should have it. Shop around to find a better deal. You should be able to get 1 million dollar coverage for about $200 a year. In order to get that type of deal - you might have to bundle your auto/home/umbrella policy with the same insurance company.
by danaht
Sat Jul 08, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: A good VISA card for Gas & Groceries?
Replies: 66
Views: 5844

Re: A good VISA card for Gas & Groceries?

There is no better card than the Bank of America Cash back card that you currently have for gas and groceries. You just need to make sure you are participating in the platinum level of the B of A Preferred Rewards program so you can get the additional 75% credit card rewards bonus. To get to that pl...
by danaht
Tue Jul 04, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 169
Views: 22273

Re: Are you finding any good values at Amazon anymore?

Amazon is definitely not as cheap as it was 2 years ago. I still use Amazon to purchase hard to find items that I may not be able to purchase locally. I definitely check Walmart now (online) - before making purchases at Amazon. I am also noticing that Walmart tends to ship quicker - if you are not a...
by danaht
Sun Jul 02, 2017 12:41 pm
Forum: Investing - Theory, News & General
Topic: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?
Replies: 50
Views: 6607

Re: What may have led to the US stock sell-off on 6-30-17 at 3:50-4:00 p.m.?

my theory: People wanted some extra money to spend for the fourth of July weekend - so they sold some of their stocks right before the market closed.
by danaht
Sat Jul 01, 2017 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Opening SEP IRA after doing backdoor roth
Replies: 9
Views: 1134

Re: Opening SEP IRA after doing backdoor roth

+1 on opening solo 401k. It's probably in your best interest to open a solo 401k instead of a SEP-IRA. You can make the employer contribution (would be same as what you would have put in the SEP) - and keep the employee contribution to $0 (if you have already maxed a 401k elsewhere for the year).
by danaht
Fri Jun 30, 2017 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Sell Energy Index (VDE) and take loss?
Replies: 51
Views: 5624

Re: Should I Sell Energy Index (VDE) and take loss?

I would keep it if you like energy as a long term investment. A lot of people seem to think electric cars will replace ICE cars soon (in 10 years). The same group of people also believe that renewable energy will mostly replace carbon energy in the same time frame. If this happens - then everyone s...
by danaht
Fri Jun 30, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Those who max 401k
Replies: 55
Views: 9288

Re: Those who max 401k

As the only employee in my s-corp - I contribute 1500 a month (1500 x 12 = 18,000) into my solo 401k. This allows me to dollar cost average all purchases evenly.
by danaht
Fri Jun 30, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Should I Sell Energy Index (VDE) and take loss?
Replies: 51
Views: 5624

Re: Should I Sell Energy Index (VDE) and take loss?

I would keep it if you like energy as a long term investment. A lot of people seem to think electric cars will replace ICE cars soon (in 10 years). The same group of people also believe that renewable energy will mostly replace carbon energy in the same time frame. If this happens - then everyone sh...
by danaht
Mon Jun 26, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 21974

Re: Sam's Club vs. Costco

This is a tough decision. I really like the Kirkland brand items. Sam's club also has some really great items too. Lately - I just don't like going to Costco because of the long check-out lines. Sam's Club has a phone app that allows you to checkout using your phone - so I'll never need to wait at S...
by danaht
Sat Jun 24, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 80
Views: 12839

Re: Costco vs. Amazon - Thoughts of Prime Members?

I really do not get it.The lines at Costco move very fast considering how much stuff people buy.Now if you are there on a Sunday afternoon and it is super crowded there is nothing they or anyone else can really do beyond having 50 checkouts.Costco use to have self checkout and they dropped it becau...
by danaht
Sat Jun 24, 2017 9:18 pm
Forum: Investing - Theory, News & General
Topic: Costco vs. Amazon - Thoughts of Prime Members?
Replies: 80
Views: 12839

Re: Costco vs. Amazon - Thoughts of Prime Members?

Costco is great. But I don't enjoy waiting in lines - and every time I go to Costco I have to wait in a long line. Costco refuses to invest in technology that could speed this up - like self check-out lines. It also does not offer things that could improve the customer experience like in-store WIFI....
by danaht
Wed Jun 21, 2017 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: HSA with HSA bank (my options?)
Replies: 41
Views: 6066

Re: HSA with HSA bank (my options?)

I also recommend staying with HSA Bank and using the TD Ameritrade brokerage window to invest in Vanguard's ETFs. Most of the Vanguard ETFs are commission free at TD Ameritrade. In my opinion - the HSA Bank / Td Ameritrade combo is as good as it gets until large brokerages start opening HSA accounts...
by danaht
Sun Jun 18, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?
Replies: 132
Views: 17021

Re: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?

Most companies in the S&P 500 increase their dividends over time (with the exception of companies that don't pay any dividend - like Berkshire). So just by holding the S&P 500 index - you will most likely enjoy increasing dividends over the long run. The only down side to this approach - is that the...
by danaht
Sat Jun 17, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 10782

Re: Your Favorite Portfolio Tilts

zaboomafoozarg wrote:70% total market, 20% small value and 10% REITs.

There are many tilts like it, but this one is mine.
I think your combination is the best one in this thread.
by danaht
Fri Jun 16, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Amazon Buys Whole Foods
Replies: 103
Views: 15893

Re: Amazon Buys Whole Foods

It will be nice to be able to use Amazon gift card (or Amazon gift card credit balance) to purchase things at Whole Foods. Also, being able to auto-checkout by phone will be a great option and major time saver for the consumer. The main problem with Whole Foods - is proximity. The closest Whole Food...
by danaht
Fri Jun 16, 2017 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 7740

Re: USAA opinions. Worth it?

USAA insurance is very good - but their investment/ banking products (mutual funds, CDs, etc) are more expensive than others (Ally, Vanguard). So, I would choose USAA for insurance needs only.
by danaht
Wed Jun 14, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: REIT in a taxable account
Replies: 19
Views: 6139

Re: REIT in a taxable account

The main advantage to owning a a REIT (or any stock) in a taxable account is the ability to deduct the loss from your taxes if the REIT goes bankrupt - or if you sell it for a loss. Otherwise - REITs are best held in a tax deferred account - or a Roth since the REIT dividends are mostly taxed at the...
by danaht
Sun Jun 11, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 43262

Re: Tesla Model 3 or Chevy Bolt?

As for pure electric cars like the Tesla 3 - I am worried about the batteries in these cars. It seems like Lithium Ion batteries don't have a long lifetime - and start losing capacity right away. Also, I am worried about the battery exploding if the car is involved in a wreck. I am glad the driving ...
by danaht
Sat Jun 10, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Do Low Fee 3rd Party HSA Accounts Exist?
Replies: 10
Views: 1633

Re: Do Low Fee 3rd Party HSA Accounts Exist?

I use HSAbank. I pay $5.50 a month to keep 99% of my HSA invested at TDA in vanguard etfs as part of my overall AA. Regards, John I also use HSABank - but I choose to keep $5600 in cash and the rest in TD Ameritrade (via Vanguard ETFs). This way I can avoid the $5.50 monthly fee and also have a lit...
by danaht
Sat Jun 10, 2017 4:02 pm
Forum: Investing - Theory, News & General
Topic: 100% Stock Portfolio?
Replies: 148
Views: 19907

Re: 100% Stock Portfolio?

It's unwise (and also difficult) to be 100% stock - because you should always have some small cash buffer (a checking account, for every day expenses) and a small emergency fund. You can easily get an FDIC insured emergency fund of about $10,000 that pays 5% interest if your willing to deal with the...
by danaht
Sat Jun 10, 2017 3:30 pm
Forum: Investing - Theory, News & General
Topic: Tell me a stock you like better than Google/Alphabet Right Now and Why
Replies: 101
Views: 12401

Re: Tell me a stock you like better than Google/Alphabet Right Now and Why

Ford Ford has been beaten down but has its act together, makes stuff it knows how to make with a worldwide client base and is a stable company. It isn't high flying nor does it think it can do everything and anything. Great focus. Alphabet They seem to have decided that they want to do every shiny ...
by danaht
Sat Jun 03, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 269
Views: 34369

Re: KF's Worst Case Retirement Plan [KlangFool's]

I work in IT as well - and also have a long commute (about 1 hour each way). As far as pay goes - IT is still very good. But quality of life in the office is going down every year - IT quality of life is getting reduced for the following trends: 1) companies are getting rid of cubicles and making pe...
by danaht
Sat Jun 03, 2017 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Safely Retire?
Replies: 60
Views: 9524

Re: Can I Safely Retire?

If DomDangelina had 1.5 million and no debt - would that be enough to retire? Curious what people think.
by danaht
Sat Jun 03, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 269
Views: 34369

Re: KF's Worst Case Retirement Plan [KlangFool's]

Once you decide to retire - I would sell the house, and move to a lower cost area. You don't need a big house for retirement. That's what I plan to do. I am 45 and also in the IT field (Java developer) - but have been lucky so far in that I have only been laid off once (and found work the next day a...
by danaht
Sat Jun 03, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 6456

Re: Is there a way on earth to reduce SS taxes?

So if your salary were $127,200 per year, and if you could negotiate it to be paid as $254,400 in odd-numbered years and not get paid in even-numbered years, then it seems to me that you (and your employer) would pay in $7,886.40 in odd-numbered years and $0 in even-numbered years, reducing your ef...
by danaht
Mon May 29, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: Credit unions are non-profit, how come they do not dominate over banks???
Replies: 73
Views: 8018

Re: Credit unions are non-profit, how come they do not dominate over banks???

I have both a credit union account, and a B of A bank account (Big) banks have the following advantages: 1) More ATMs everywhere (nation wide) 2) More branches and physical locations 3) Large rewards programs that extend to the bank's brokerage service 4) Can have a better selection of credit cards ...
by danaht
Sun May 28, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Contributing the entire Year 401K in one Pay period allowed?
Replies: 22
Views: 4424

Re: Contributing the entire Year 401K in one Pay period allowed?

As long as you make $18,000 + enough to pay all of the employee payroll taxes + any company deductions (like healthcare premiums) in one month - then you probably can. Be careful - you might lose some (or most) of your company's 401k employer match if you do this. Some companies have policies that o...
by danaht
Thu May 18, 2017 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a LLC to Do Consulting Work
Replies: 20
Views: 3517

Re: Do I need a LLC to Do Consulting Work

One of the biggest reasons to form a LLC (or corporation) is because some clients will require it to do business. A lot of companies require this because it's safer for them to do corp to corp billing rather than issue a 1099. Companies are doing this because of the new/existing policies (and law ca...
by danaht
Wed May 17, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Convince me to get back into stocks!
Replies: 83
Views: 8751

Re: Convince me to get back into stocks!

Since your still young - most of your allocation should be in equities (ie S&P 500 is a good choice). You also left out the effect of compounding in your equations. Every quarter your dividends get reinvested in the market and this keeps growing over time. If you leave your money in a money market (...
by danaht
Wed May 17, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: No longer able to deduct tIRA contributions - but should I Backdoor?
Replies: 14
Views: 1473

Re: No longer able to deduct tIRA contributions - but should I Backdoor?

You mentioned you are opening a solo 401k for your LLC this year. You should be able to transfer your deferred TIRA to the 401k if you get a plan that allows IRA transfers. (most do) Once it's in the 401k - the Roth backdoor is available. note: I'm not sure how you can transfer the TIRA since some o...
by danaht
Sat May 06, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 309
Views: 54454

Re: What is your favorite consumer product?

I think I have 4 favorite consumer products: 1) Mr Coffee 3 Quart Iced Tea Maker - this thing lasts forever, and makes great tea. I use it everyday. Be careful - the manufacturer sold two versions of this tea maker a couple years ago. I have tried both versions - and one version leaked water all ove...