Search found 5679 matches

by inbox788
Fri Oct 19, 2018 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Is this a gift?
Replies: 4
Views: 1065

Re: Is this a gift?

Missed the part about the non-citizen spouse. Find out If Gifts to Your Spouse Are Taxable The Gift Tax Applies Only Under Certain Circumstances "Annual" is the keyword. You can give this much per year without incurring the gift tax, which can add up considerably over a lifetime, effectively making ...
by inbox788
Thu Oct 18, 2018 11:26 pm
Forum: Personal Consumer Issues
Topic: Most economical high-quality car wash
Replies: 13
Views: 1493

Re: Most economical high-quality car wash

Sounds like you need a good detail followed by a good wax or polish applied. Also, harsh detergents at car washes tend to strip all the hard work of waxing. If other cars are coming out of the car wash clean and shiny, their protective layers are still intact. BTW, stay away from Dawn. There are qui...
by inbox788
Thu Oct 18, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Kids inherited $8,000 each - 529 or regular brokerage?
Replies: 34
Views: 2370

Re: Kids inherited $8,000 each - 529 or regular brokerage?

Given the modest amount, I'd consider it "family money". While technically it's the child's money, the parents will still contribute substantially to college costs. I wouldn't do this, but technically, couldn't you charge the kids rent, food expenses, utilities, clothing, transportation, etc. until...
by inbox788
Thu Oct 18, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Kids inherited $8,000 each - 529 or regular brokerage?
Replies: 34
Views: 2370

Re: Kids inherited $8,000 each - 529 or regular brokerage?

I think this is a very valid statement. It's not your money, it was a gift to your children. Obviously, they're not of an age where I'd be handing them complete control of it, but they're old enough to start a dialog. Talk to them about the individual who gifted them this, how can they honor that p...
by inbox788
Thu Oct 18, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Heavy Loss in Stable Value Fund of 401k investments
Replies: 32
Views: 4274

Re: Heavy Loss in Stable Value Fund of 401k investments

The stability is only offered, and only offerable, if the investment is continually available to participants. The scheme works because participants are more or less trapped into the option while they are employed. So withdrawals can be met with new deposits, or a small amount of borrowing by the f...
by inbox788
Thu Oct 18, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Heavy Loss in Stable Value Fund of 401k investments
Replies: 32
Views: 4274

Re: Heavy Loss in Stable Value Fund of 401k investments

The part that is disturbing to me: I had heard of stable value funds loosing money when the employer or an insurance company providing the insurance wrapper had gone out of business. I hadn't heard about a case of stable value funds loosing money (and having the loss passed on to the investors in t...
by inbox788
Thu Oct 18, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a gift?
Replies: 4
Views: 1065

Re: Is this a gift?

I'm confused as to the titling of the trusts and the gifts, but... Exceptions to the Rules Be aware that the following gifts are generally gift-tax exempt, preserving the full annual gift tax exclusion and unified exemption: Gifts from one spouse to the other spouse, Gifts to a qualified charitable ...
by inbox788
Thu Oct 18, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Approach to rescinding a job acceptance
Replies: 50
Views: 4126

Re: Approach to rescinding a job acceptance

That said, you very well could just have burned any bridges and it may not matter. OP may appear to be a mercenary to both companies. War will be fought, bridges will be blown up, bridges will be rebuilt, alliances change. This is the story of the battle for Castle Itter where Americans and Germans...
by inbox788
Thu Oct 18, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: Car servicing
Replies: 48
Views: 3546

Re: Car servicing

That doesn't mean it's right. Brake fluid is probably the most commonly neglected fluid that really shouldn't be neglected. If it's turned dark it should be done. Proper maintenance would be about every 3 years regardless of mileage. At minimum it should be done when the pads are done - since you'r...
by inbox788
Thu Oct 18, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: CA property tax > $10K, any options to deduct all?
Replies: 45
Views: 5867

Re: CA property tax > $10K, any options to deduct all?

Hi All, Are there any options if the property tax I have to pay this year is more than $10K? I can only deduct up to $10K, but was wondering if there is any legal workaround to be able to deduct the entire property tax bill... Is this your total bill? Can you defer part of the payment to next year?...
by inbox788
Wed Oct 17, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Wellesley Income fund is incredible
Replies: 193
Views: 60155

Re: Vanguard's Wellesley Income fund is incredible

IMO, not meaningful, but I though about finding companies that may have beat it (since 1970 data on Morningstar), and I wasn't able to come up with one until about my 10th try. I tried Berkshire first, but the data for A shares only started in the 90's and later for the B shares (and it does handily...
by inbox788
Wed Oct 17, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: 5% ESPP
Replies: 16
Views: 1239

Re: 5% ESPP

I'd do it if it wasn't too much concentration. How much is the max you can put in (and pull out as you've met the holding requirement) and what percentage of your investable assets would it amount to? I wouldn't be scared off by up to 10% or so. Personally, I'd skip it. I'm at a company whose stock ...
by inbox788
Wed Oct 17, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: Car servicing
Replies: 48
Views: 3546

Re: Car servicing

Own a 2010 Honda Civic and the dealer seems to keep finding new problems and each service runs me 500 or so. Thinking of switching dealers. Any suggestions on where to take my car? Currently I use a Honda dealer. Can you list the problems you've had (describe them) and the ones the dealer found? Ho...
by inbox788
Wed Oct 17, 2018 3:04 am
Forum: Investing - Help with Personal Investments
Topic: Adding significant contribution to grandson's Utah 529
Replies: 8
Views: 1053

Re: Adding significant contribution to grandson's Utah 529

You can gift $70000 per grand parent (5 year) to a 529 plan. Utah (vanguard) has static fund plan or aged based. I like the static one because of low fee and better control of AA. You have 10 years to let it grow. Not very long horizon. 60/40 (40US/20intl/40bond) or 70/30 (40US/30Intl/30bond) balan...
by inbox788
Mon Oct 15, 2018 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging VT total world stock for VTI & VXUS
Replies: 14
Views: 861

Re: Exchanging VT total world stock for VTI & VXUS

IMO, the biggest reason to split VT is to reduced the expense ratio. You can adjust the drift over long periods if you choose, but I think it will take a decade for that effect to exceed the few basis points in fees. There's also foreign tax, but that's another small factor. Enjoy simplicity or enjo...
by inbox788
Sat Oct 13, 2018 11:20 pm
Forum: Personal Consumer Issues
Topic: Need new email address. Gmail or ???
Replies: 70
Views: 5345

Re: Need new email address. Gmail or ???

They really mucked up the latest iteration of gmail, so I'd avoid it for now and go with an alternative. Also avoid Yahoo mail for their numerous hacks on the back end and poor new interface. I'd take a look at Outlook, which I hear is now free and quite good. And also will agree with iCloud recomme...
by inbox788
Sat Oct 13, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Drop in MPG (09 Civic)
Replies: 24
Views: 1396

Re: Drop in MPG (09 Civic)

You may want to check if one or more of the wheels is noticeably warmer than the others after a drive. If so, it might help determine if it is brake/ wheel bearing issue. A brake caliper dragging on the rotor will generate a lot of heat and it should be a noticeable difference in temperature. Been ...
by inbox788
Sat Oct 13, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 5187

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Yes, you should fill it out. Bogleheads have all the required data at hand so it's not like it will require much effort. Spoken like a person who I'm guessing has not filled one out For a pure BH, it's seems like just a matter of looking at a couple of lines on the tax return and logging into the n...
by inbox788
Sat Oct 13, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP vs. Mega Backdoor Roth
Replies: 19
Views: 506

Re: ESPP vs. Mega Backdoor Roth

Looking at it more deeply.... Good points! Similar to discussion in Investment Order . The more I look at it the more I'm realizing the exponential growth (more than 2 birds in the bush?) and benefit of MBR at year 1 for 20+ year periods may outweigh cumulative annual 10% ESPP discount (bird in the...
by inbox788
Sat Oct 13, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP vs. Mega Backdoor Roth
Replies: 19
Views: 506

Re: ESPP vs. Mega Backdoor Roth

1. ESPP - 10% discount on purchase once a quarter. Have to hold for minimum 21 months before selling to avoid higher tax rates. Microsoft stock if that matters. 2. Mega Backdoor Roth - contribute fully to the After Tax portion of my 401k plan and have it converted quarterly to Roth contributions. T...
by inbox788
Sat Oct 13, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP vs. Mega Backdoor Roth
Replies: 19
Views: 506

Re: ESPP vs. Mega Backdoor Roth

I went looking for a list of companies that offer mega backdoor. If anyone is aware of one, please list here. I did come across this discussion on reddit: The limit in 2017 is $20,000 The limit in 2018 is $27,250 which can be converted quarterly to a Roth There is a checkmark to opt into automatic q...
by inbox788
Sat Oct 13, 2018 2:51 am
Forum: Investing - Help with Personal Investments
Topic: TLH VTIAX [Tax loss harvest - Vanguard Total International Stock]
Replies: 69
Views: 5001

Re: TLH VTIAX

I've added a couple to livesoft's sets VTSAX ---> VLCAX ---> VFIAX VTIAX ---> VFWAX ---> VTMGX VFIAX is Vanguard 500 Index Fund VTMGX is Vanguard Developed Markets Index Fund These last two aren't as comprehensive as the others, but I've been ok with TLHing into them when I've needed a third fund. ...
by inbox788
Sat Oct 13, 2018 2:41 am
Forum: Investing - Help with Personal Investments
Topic: Buying opportunity? Invest my emergency fund??
Replies: 13
Views: 2700

Re: Buying opportunity? Invest my emergency fund??

This translates to 73/27 allocation (equities portion cosists of 14% International and 59% U.S.) First question is what day did you figure out this "current" AA? Was it last week, today? Surely after last weeks 5%+ drop in the market, your AA changed somewhat and might be time to rebalance. What wa...
by inbox788
Fri Oct 12, 2018 5:20 pm
Forum: Personal Consumer Issues
Topic: TV recommendation for my father
Replies: 55
Views: 2846

Re: TV recommendation for my father

You did not give a price range. if you just want a very good "budget" pick, would suggest the TCL 6-series on sale at amazon and best buy. it will run ~$650 for a 55" screen. yes, it may have more smart TV stuff built in than he needs (has Roku's operating system) but the picture quality to price r...
by inbox788
Fri Oct 12, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: What to do with Bose cube speakers left in rec room
Replies: 17
Views: 1879

Re: What to do with Bose cube speakers left in rec room

Just closed on a new "used" house and find out that Seller left five Bose speakers installed in the ceiling, with the wires hanging out of the wall plate behind where they had their A/V unit. I'm not that familiar with Bose products, but I think they are from an Accoustimass system. Each speaker co...
by inbox788
Fri Oct 12, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: No bill to me - but found strange things on my health plan records
Replies: 32
Views: 2858

Re: No bill to me - but found strange things on my health plan records

I had a relative who told me that they had something similar happen. It turned out that someone with a similar name lived in the same city and their office had mis-filed. I'd call the physicians office and ask them about it. They would never admit this, but today's version of misfiling is computer ...
by inbox788
Fri Oct 12, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 111
Views: 8489

Re: What did you buy today

panhead wrote:
Fri Oct 12, 2018 8:39 am
3funder wrote:
Fri Oct 12, 2018 8:31 am
VTIAX.
+1
You guys bought the VTIAX I just sold! I bought VFWAX!
by inbox788
Fri Oct 12, 2018 3:28 am
Forum: Personal Finance (Not Investing)
Topic: Pension terminated .. have options
Replies: 28
Views: 3656

Re: Pension terminated .. have options

It's a small enough amount that I would just take it out and invest in my AA. It's not worth the trouble to keep an account open for decades and one with particularly troublesome and costly potential. Take it somewhere portable like Vanguard/Fidelity/Schwab where you're in control instead of some co...
by inbox788
Thu Oct 11, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Buying a pre-owned Lexus IS-250
Replies: 29
Views: 1883

Re: Buying a pre-owned Lexus IS-250

Nice looking car that I've considered myself. I worry about the previous owner and what kind of driving and maintenance the car had. It's probably not a little old lady that was driving it conservatively. I also came across some HS250h listings that were surprisingly low, but learned about some tran...
by inbox788
Thu Oct 11, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: Index-ish fund that lacks FAANG?
Replies: 45
Views: 4813

Re: Index-ish fund that lacks FAANG?

FAANG stocks lost $175.5 billion in market cap yesterday, their biggest dollar decline ever https://pbs.twimg.com/media/DpO-YrxWwAImp6O.jpg Only 28 companies currently on the SP500 have market caps higher than that. 171.36 Billion is the total market for Disney! Imagine wiping everything Disney off...
by inbox788
Thu Oct 11, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Formula for when to buy in bulk
Replies: 41
Views: 3343

Re: Formula for when to buy in bulk

It's not a simple calculation, especially if there are costs involved (time, storage, fronting cash, etc.) and particularly if you can't predict future pricing. Just look at what airlines try to do about hedging fuel prices. They've tried to "buy in bulk" when prices are "low" (by locking in prices ...
by inbox788
Wed Oct 10, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 111
Views: 8489

Re: What did you buy today

Momus wrote:
Wed Oct 10, 2018 7:10 pm
EM, tomorrow international if it keeps dropping.
I've been TLH international all year long, and looks like I should be doing some more, so I guess I'll be selling one international fund and buying another (not “substantially identical”) international fund.
by inbox788
Wed Oct 10, 2018 12:33 am
Forum: Investing - Theory, News & General
Topic: Kid already in 9th grade, too late to start 529?
Replies: 14
Views: 1735

Re: Kid already in 9th grade, too late to start 529?

Do you have taxable investments? If you shift your taxable investments to 529, you can get tax-free gains. I believe you can TLH 529 if there are losses. https://www.bogleheads.org/forum/viewtopic.php?t=137238 It's a similar strategy as emergency fund placement shifting. https://www.bogleheads.org/w...
by inbox788
Tue Oct 09, 2018 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Calculating amount needed for SS bridge
Replies: 50
Views: 3080

Re: Calculating amount needed for SS bridge

Another option could be an immediate annuity. $650k investment, 15 year, period certain, with CPI COLA would give you ~$54k/year where? You could look into one of these "build your own annuity" strategies. https://www.bogleheads.org/forum/viewtopic.php?t=110799 https://www.bogleheads.org/forum/view...
by inbox788
Tue Oct 09, 2018 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-effective yields for various MM Funds
Replies: 16
Views: 1366

Re: Tax-effective yields for various MM Funds

I think it is too risk for me to concentrate a bunch of money in a single state's bonds. I thought all money market funds were nearly riskless. FWIW, I'm considering CA Muni Long Term Bonds VCLAX 2.82% as a replacement for my Intermediate Term Bonds VCADX 2.38% I just got out of (made about 3% in i...
by inbox788
Tue Oct 09, 2018 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Calculating amount needed for SS bridge
Replies: 50
Views: 3080

Re: Calculating amount needed for SS bridge

Another option could be an immediate annuity. $650k investment, 15 year, period certain, with CPI COLA would give you ~$54k/year where? You could look into one of these "build your own annuity" strategies. https://www.bogleheads.org/forum/viewtopic.php?t=110799 https://www.bogleheads.org/forum/view...
by inbox788
Tue Oct 09, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Why Emerging Markets Matter
Replies: 82
Views: 6625

Re: Larry Swedroe: Why Emerging Markets Matter

Bogleheads: Vanguard Total Stock Market Index Fund contains: 20.60% Emerging Markets 42.50% Europe 29.60% Pacific 0.40% Middle East 6.60% North America 0.30% Other Strive for simplicity (read link below). Best wishes. Taylor I had no idea that TSM was so underweighted in North America! That seems l...
by inbox788
Tue Oct 09, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Child is HS senior: Should college fund have any equities?
Replies: 28
Views: 2345

Re: Child is HS senior: Should college fund have any equities?

I'm 100% equities. My plan is to hedge using my taxable and tax-deferred retirement plans, so I intend to be almost 100% in equities in the 529, except for about half a year's tuition and expenses. In later high school, I will be shifting the equivalent of 50-75% of the 529 to bonds in my tIRA/401k....
by inbox788
Tue Oct 09, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Tax-effective yields for various MM Funds
Replies: 16
Views: 1366

Re: Tax-effective yields for various MM Funds

Thanks for the corrections! Here is the updated table. Does it look right? The whole 3.8% NIIT applies to VMFXX. Also with VMFXX the exemption from CA taxation is in proportion to the income from US government obligations (66.3% from 2017 from the linked pdf), since the 50% holding threshold is sat...
by inbox788
Tue Oct 09, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: How to get over paper loss?
Replies: 43
Views: 3960

Re: How to get over paper loss?

Last week I bought 153 shares of SCHB for $70.6999/share and right now it's at $69.315/share so the 10k only went down $211. However I own 804 shares, so I saw my total gain/loss fall from like +$4500 to $3000 in a week. I will try to check less often. Isn't +$3000 SCHB better than -$6-7k ESPP? Che...
by inbox788
Tue Oct 09, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Index vs. actively managed funds....is there a good tool to compare?
Replies: 24
Views: 1953

Re: Index vs. actively managed funds....is there a good tool to compare?

Just look at Vanguard site. Arrange according to 5 yr or 3 yr returns. Surprisingly Vanguard's actively managed funds (wrong term for Vanguard funds?) perform much better than Vanguard's own index funds !! https://investor.vanguard.com/mutual-funds/list#/mutual-funds/name/month-end-returns I would ...
by inbox788
Tue Oct 09, 2018 2:06 am
Forum: Investing - Help with Personal Investments
Topic: Investing Options for Emergency Funds/Cash Needed in short term (1-2 years)
Replies: 5
Views: 683

Re: Investing Options for Emergency Funds/Cash Needed in short term (1-2 years)

None that are risk-free that I know of.

You could try to chase higher CD rates.
1 year Barclays 2.55%
2 years CD Bank 3.00%
https://www.magnifymoney.com/blog/earni ... 967994263/

I did worse last year or two in CA Intermediate Muni Bond and TLH out of it last week.
by inbox788
Tue Oct 09, 2018 1:33 am
Forum: Investing - Help with Personal Investments
Topic: Tax-effective yields for various MM Funds
Replies: 16
Views: 1366

Re: Tax-effective yields for various MM Funds

Looks like it can't be permanently changed, but you can just buy and sell the MM funds manually. https://www.bogleheads.org/forum/viewtopic.php?t=241357 This thread discusses some of the regulator and other subtleties between the different MM funds. I'm guessing 99.99% of the time, it doesn't matter...
by inbox788
Tue Oct 09, 2018 1:16 am
Forum: Investing - Help with Personal Investments
Topic: Tax-effective yields for various MM Funds
Replies: 16
Views: 1366

Re: Tax-effective yields for various MM Funds

Where are you looking up state tax status? In searching previous threads and other random sites, I got some mixed comments, but may saying all are taxed 100% (not 30%) by CA (and NY, CT). https://www.bogleheads.org/forum/viewtopic.php?t=221419 https://www.bogleheads.org/forum/viewtopic.php?t=16787 A...
by inbox788
Mon Oct 08, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard [Portfolio help requested]
Replies: 23
Views: 2737

Re: Fidelity or Vanguard

What funds, expense fees and allocations do they have you in? https://investorjunkie.com/robo-advisors/compare/futureadvisor-vs-fidelitygo/ You could save about 0.35% * $0.5M ~= $2000/year right off the bat (maybe more if they have you in expensive funds), and more each year as you add more and it g...
by inbox788
Mon Oct 08, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help with VUL product requested
Replies: 7
Views: 377

Re: Help with VUL product requested

Time to cancel the VUL policy. Very easy decision. They can't afford it for the very reason these are absolutely horrid products. They blow up when you get old. Not that the whole life policy is much better..... Seems that they have pretty high longevity risk with expenses at $54k and income at $36...
by inbox788
Mon Oct 08, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 1.8% money market fund with unlimited checkwriting and free ATMs
Replies: 23
Views: 2207

Re: Fidelity 1.8% money market fund with unlimited checkwriting and free ATMs

I predict for cash management that banks (both brick and mortar and stand-alone on-line) are going to be the next landline phone and cable TV subscription as far as things that people born after a certain year have zero use for. Neither of my kids have a local or stand-alone on-line banking account...
by inbox788
Mon Oct 08, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Payoff Strategy
Replies: 11
Views: 1895

Re: Debt Payoff Strategy

The obsession around the 0% ungrad loan is because it is a settlement. If a payment is missed/late it can return to the previous balance and high interest rate. ... I'm just curious, why recommend paying off the 0% credit card first? It isn't a introductory APR. It was a 3 year no interest as long ...
by inbox788
Mon Oct 08, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: ESOP proceeds invest in Co. Stock or pay off debt
Replies: 11
Views: 679

Re: ESOP proceeds invest in Co. Stock or pay off debt

Adding the $116K back as incoming would push us into the 24% bracket (married filing jointly). We have some additional options besides converting the ESOP proceeds into company stock (can do a mixture of things), I do have a 401K through work currently. They are also looking at increasing matching ...