Search found 136 matches

by Code Commit
Fri Aug 16, 2013 11:54 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett: How Should the Average Person Invest
Replies: 16
Views: 4283

Re: Warren Buffett: How Should the Average Person Invest

This is probably one of those confusing Rorschach tests. We both see different things with the same picture. :D I suppose so, but I think we might have more in common in our actions (i.e. how we actually invest vs the posts above) "Investments that are denominated in a given currency include m...
by Code Commit
Fri Aug 16, 2013 9:11 am
Forum: Investing - Theory, News & General
Topic: Warren Buffett: How Should the Average Person Invest
Replies: 16
Views: 4283

Re: Warren Buffett: How Should the Average Person Invest

To make sure the comment is in context and not snippets: Aah, in context . That was the precise point I was trying to make, by giving the link to the actual interview and not saying things like "Dr. Bernstein has once stated" or "Buffett has once stated elsewhere ..". Personally...
by Code Commit
Thu Aug 15, 2013 10:29 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett: How Should the Average Person Invest
Replies: 16
Views: 4283

Re: Warren Buffett: How Should the Average Person Invest

In fact, Bernstein recommended on this board that investor's hold 25% of their portfolio in cash and cash-equivalents (short-term bonds); Buffett has essentially called this "dangerous." From what I have watched and read from these interviews (with Buffett) is that he has recommended hold...
by Code Commit
Tue Aug 13, 2013 12:14 pm
Forum: Personal Consumer Issues
Topic: Please check my plan B4 I blow my personal IT budget
Replies: 21
Views: 1928

Re: Please check my plan B4 I blow my personal IT budget

Make sure you buy Apple Care plan with that thing. For us, it paid for itself (I probably by mistake must have broken like 5-6 charging cords and every time apple replaced them). No questions asked. It feels like a decision about AppleCare is always a win-win, no matter what you choose. Ironically,...
by Code Commit
Tue Aug 13, 2013 11:01 am
Forum: Personal Consumer Issues
Topic: Please check my plan B4 I blow my personal IT budget
Replies: 21
Views: 1928

Re: Please check my plan B4 I blow my personal IT budget

If you were planning to buy iPad or iPad mini, note that, according to the current rumor mill, new updates might be coming in September or soon after (a thinner iPad and/or better resolution iPad mini). If you can wait, then you can either get the new versions, or get the current versions at a cheap...
by Code Commit
Sun Aug 11, 2013 12:33 am
Forum: Personal Investments
Topic: 529 college plan as gift?
Replies: 7
Views: 744

Re: 503 college plan as gift?

So to make this a reality, you have to get them to open the plan. +1. A few years ago, when a couple of our close friends had a baby, I just gave them the enrollment kit of Vanguard's 529 plan + cash in an envelope, and left it to them whether to actually open the account or use the cash in any for...
by Code Commit
Sat Aug 10, 2013 11:17 pm
Forum: Personal Investments
Topic: VWO or VSS in Taxable?
Replies: 5
Views: 1573

Re: VWO or VSS in Taxable?

Tell me for VWO the amount of dividends, the percent qualified dividends, and the foreign taxes paid that VWO had for last year and I will tell you which is more tax efficient. I never paid attention to these before, since most of my assets were tax-advantaged until this year. So, would the followi...
by Code Commit
Sat Aug 03, 2013 7:14 pm
Forum: Investing - Theory, News & General
Topic: My Personal Experience With VG and DFA Expense Ratios
Replies: 27
Views: 3581

Re: My Personal Experience With VG and DFA Expense Ratios

3) Core funds use--not only do they provide savings in trading costs as stocks migrate across assets (saving perhaps 12bp) but you save on the tax efficiency as well, and MOST IMPORTANTLY the funds rebalance with other people's money, not yours, from cash flows. That means less selling winners to b...
by Code Commit
Sat Aug 03, 2013 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: At what age did you hit $500k Net Worth
Replies: 68
Views: 31482

Re: Poll: At what age did you hit $500k Net Worth

$500k net worth at 35. $500k investible assets at 36. On whether dual-income is the secret behind earlier milestones, I think we all do it our own ways. We are a family of 5 with a single, high-income earner. Also, the milestone's significance is only relative to the final goal. If you were planning...
by Code Commit
Wed Jul 24, 2013 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Small Business Tax Deduction Secrets
Replies: 16
Views: 5469

Re: Small Business Tax Deduction Secrets

Thank you, Steve for the heads-up. I also like your blog and small business FAQ a lot. Thanks for your contribution.
by Code Commit
Wed Jul 17, 2013 7:29 pm
Forum: Investing - Theory, News & General
Topic: [Sad news - Pat Larimore]
Replies: 225
Views: 23590

Re: [Sad news - Pat Larimore]

Taylor,

I am so sorry to hear about your loss. Wishing you the best. Thanks for sharing the video.
by Code Commit
Thu Jun 20, 2013 7:29 pm
Forum: Investing - Theory, News & General
Topic: Deleted
Replies: 31
Views: 7290

Re: Utah 529: new DFA funds and lower fees

With the ability to s&d so extensively now, it increases the attractiveness of holding a different asset class in each 529. You may also want to read the fine print here. e.g. if your goal is to establish different cost basis in multiple accounts by holding different asset classes, then you hav...
by Code Commit
Thu Jun 20, 2013 6:42 pm
Forum: Investing - Theory, News & General
Topic: Deleted
Replies: 31
Views: 7290

Re: Utah 529: new DFA funds and lower fees

what happens if I do split up my current 529 (say it has $50k in contributions and $80k current value) into 10 different 529s, each a different fund? Does each new 529 retain a proportional amount of basis and gain? That is my understanding and I have seen that happen with my 529 transfers that pro...
by Code Commit
Thu Jun 20, 2013 8:10 am
Forum: Personal Investments
Topic: anybody bail on bonds in their 529 account?
Replies: 19
Views: 1488

Re: anybody bail on bonds in their 529 account?

I don't think we have "bailed" on bonds. But, we only have 10%, 20% and 30% in bonds (for 3 kids). However, for new contributions to the fixed income part, I am using half TBM and half stable value (3%), but it's not something that's going to make a big difference.
by Code Commit
Wed Jun 19, 2013 7:04 am
Forum: Personal Investments
Topic: How are Bogleheads holding CD's in retirement accounts?
Replies: 36
Views: 4030

Re: How are Bogleheads holding CD's in retirement accounts?

My primary bank has been DCU for the last 10+ years. So, when it showed up in the "high-interest" lists on depositaccounts.com, I decided to try it out for a portion of our TBM allocation (by transferring from Vanguard). 5yr IRA CD offered 1.85% with 180 days of early withdrawal penalty. I...
by Code Commit
Sun Jun 09, 2013 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Converting SEP IRA contribution to Roth each year
Replies: 39
Views: 2536

Re: Converting SEP IRA contribution to Roth each year

I am not shocked that 28% is high tax bracket. Here in the north-east too, it is fairly easy to hit it. It's even more reason to make use of your tax-deferred space and not assume that Roth is a holy grail. Actually, it looks like your marginal tax rate is more like 37% (28 federal + 9 state). To be...
by Code Commit
Sun Jun 09, 2013 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Converting SEP IRA contribution to Roth each year
Replies: 39
Views: 2536

Re: Converting SEP IRA contribution to Roth each year

28% marginal tax rate and "no need for a tax deduction". Wow! On a slightly different topic of Roth 401k vs traditional 401k, here is a post that you may want to read http://thefinancebuff.com/case-against-roth-401k.html . Many of the concepts may apply to your case, why it may be a bad id...
by Code Commit
Thu Jun 06, 2013 2:00 pm
Forum: Personal Investments
Topic: Stable value fund in 529 plan?
Replies: 5
Views: 1239

Re: Stable value fund in 529 plan?

Yes, surely Metlife can reduce the rate after Dec 31st. But they have kept it steady around 3% since 2008 (at least as per http://www.collegeinvest.org/assets/PDF/PDS/StableValuePlusPDS.pdf page 9 or page 3 of plan disclosure section). Also, if it does reduce, you can always transfer the assets else...
by Code Commit
Thu Jun 06, 2013 10:42 am
Forum: Personal Investments
Topic: Stable value fund in 529 plan?
Replies: 5
Views: 1239

Stable value fund in 529 plan?

Currently, we have our 529 accounts directly with Vanguard (for 3 kids) and have been pretty happy with it. After having read http://www.bogleheads.org/forum/viewtopic.php?f=1&t=114878&p=1671984#p1671705 , I have been thinking of opening another 529 account (per child) and use it for adding ...
by Code Commit
Tue Jun 04, 2013 10:45 am
Forum: Personal Investments
Topic: Retirement vs. non-retirement savings
Replies: 12
Views: 4363

Re: Retirement vs. non-retirement savings

Thanks paddymac (and livesoft ) for your input. The conundrum is that, if you do have higher tax-deferral limits and if you are in a position to defer that much, then those are precisely the years when tax rate is high (if you didn't defer as much as possible), thus, further supporting the case for ...
by Code Commit
Mon Jun 03, 2013 6:17 pm
Forum: Personal Investments
Topic: Retirement vs. non-retirement savings
Replies: 12
Views: 4363

Re: Retirement vs. non-retirement savings

livesoft and grandturk , in general, I do agree that all tax-advantaged space should be exhausted before taxable. In our case, we contribute 17500 x 2 to 401k + 5500 x 2 to IRA and 6450 to HSA. In addition, there is at least 20-25k in employer contribution (we have individual 401k). Now in certain ...
by Code Commit
Wed May 29, 2013 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer of stock to a charity - is this a no brainer?
Replies: 17
Views: 1918

Re: Transfer of stock to a charity - is this a no brainer?

Interesting discussion. Could anyone share their experience with specific providers for DAF, in terms of ease of use (setup, accepting securities, timeliness of redemption to charities, customer service, etc.). Vanguard, Fidelity, TDAmeritrade or others?
by Code Commit
Wed May 29, 2013 2:21 pm
Forum: Personal Investments
Topic: Bad day for REITs
Replies: 63
Views: 10046

Re: Bad day for REITs

InvestorNewb , Hope you re-read these earlier posts, where other posters questioned whether it was prudent to substitue bonds with REITs and you seemed to be pretty clear with your rationale. Has anything changed? http://www.bogleheads.org/forum/viewtopic.php?f=1&t=109785&p=1596543 http://w...
by Code Commit
Wed May 15, 2013 5:27 pm
Forum: Investing - Theory, News & General
Topic: The new profitability factor, US and int'l evidence
Replies: 172
Views: 17900

Re: The new profitability factor, US and int'l evidence

Very interesting discussion, to say the least. Not sure if this is actionable in any way (at least for me, yet). May be, Rick Ferri knew this profitability factor all along. That's why he reportedly owned BRK (if I remember correctly). VTI + VBR + BRK seems to be the low-cost secret sauce for market...
by Code Commit
Thu Apr 25, 2013 8:50 pm
Forum: Investing - Theory, News & General
Topic: Can You Ace FINRA's Financial Literacy Quiz?
Replies: 111
Views: 9907

Re: Can You Ace FINRA's Financial Literacy Quiz?

Yes, aced it. Agree with nisiprius, good set of questions for investing basics.
by Code Commit
Thu Mar 21, 2013 12:02 pm
Forum: Personal Investments
Topic: Investor vs. Admiral Share costs
Replies: 14
Views: 2183

Re: Investor vs. Admiral Share costs

bkkchris , here is how I do my mental accounting . I use LifeStrategy Growth in my Individual 401k accounts, which has 56/24/20 split of Total Stock Market / Total International Stock Market / Total Bond Market. Comparing expenses: Investor shares of TSM/TBM/TISM : .56*0.18+.22*.2+.24*.22 = .1976 A...
by Code Commit
Sat Mar 16, 2013 12:50 pm
Forum: Personal Investments
Topic: how to make solo 401k contribution
Replies: 6
Views: 2515

Re: how to make solo 401k contribution

liuruyu wrote: Hum... wonder if Vanguard allows us to roll the solo at Fidelity over? :)
Yes, it does (at least, the last time I checked - Jan 2012).
by Code Commit
Sat Mar 16, 2013 11:42 am
Forum: Personal Investments
Topic: how to make solo 401k contribution
Replies: 6
Views: 2515

Re: how to make solo 401k contribution

There is a contribution form on their website you can download and you fill it out every time you make a contribution. Keep a copy for your records. 1. At this point in time, deposits into solo 401k can only be made via paper check (mail it or in person at your local branch). 2. Fidelity does not c...
by Code Commit
Thu Mar 14, 2013 2:48 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA and principal contributions
Replies: 7
Views: 1037

Re: Roth IRA and principal contributions

First sentence in this section is pretty clear http://www.irs.gov/publications/p590/ch02.html#en_US_2012_publink1000231057 Are Distributions Taxable? You do not include in your gross income qualified distributions or distributions that are a return of your regular contributions from your Roth IRA(s)...
by Code Commit
Tue Mar 12, 2013 8:44 pm
Forum: Personal Investments
Topic: Solo/I-401k ? re: Employee Salary Deferral vs Employer Contr
Replies: 6
Views: 2809

Re: Solo/I-401k ? re: Employee Salary Deferral vs Employer C

obliviousinvestor, how would it be different if it were a s-corp? Just curious. Thanks.
by Code Commit
Tue Mar 05, 2013 11:45 am
Forum: Personal Investments
Topic: Benefits of having both Roth and Trad. Ret. accounts?
Replies: 35
Views: 3088

Re: Benefits of having both Roth and Trad. Ret. accounts?

Then later when I am retired and in a much lower tax bracket, I can convert the traditional 401(k)/403(b) to a Roth IRA while paying almost no taxes. Livesoft, I though that to contribute to a Roth in any fashion there had to be earned income. Is that incorrect? That is not incorrect. You do need e...
by Code Commit
Tue Mar 05, 2013 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Roth 401k or taxable or tax-deferred all the way?
Replies: 5
Views: 2730

Re: Roth 401k or taxable or tax-deferred all the way?

mhc , as soon as I answered your question about the tax rate, the answer started to appear obvious. Ignoring the employee contributions (and other business expenses) for the moment, I could deduct $6,450 HSA + $11,000 health insurance premiums + about $25,000 (or bit more) employer contributions an...
by Code Commit
Tue Mar 05, 2013 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Roth 401k or taxable or tax-deferred all the way?
Replies: 5
Views: 2730

Re: Roth 401k or taxable or tax-deferred all the way?

Thanks for the bump. Surely, I missed adding something important. OP edited.
by Code Commit
Mon Mar 04, 2013 4:15 pm
Forum: Investing - Theory, News & General
Topic: Could bogleheads vote on Top 10 "asks" of Vanguard?
Replies: 100
Views: 9395

Re: Could bogleheads vote on Top 10 "asks" of Vanguard?

Admiral shares in Individual 401k, please

and +1 to better integrated mutual fund/brokerage
by Code Commit
Mon Mar 04, 2013 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Roth 401k or taxable or tax-deferred all the way?
Replies: 5
Views: 2730

Roth 401k or taxable or tax-deferred all the way?

Hello Bogleheads, I have been a long time lurker on the forum who has benefitted immensely by moving to an index-only portfolio and simplifying my finances in the process. Thank you so much for providing this great resource. My first question is not so much about investment options or portfolio desi...