Search found 4008 matches

by placeholder
Fri Dec 19, 2014 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Performed backdoor Roth and accountant did not file 8606
Replies: 52
Views: 6638

Re: Performed backdoor Roth and accountant did not file 8606

The backdoor Roth contribution method was just a byproduct of allowing conversions for everybody - which Congress (or IRS) obviously doesn't care about or they would fix the loophole. I'm not so sure because I can't think of a convenient method to allow the conversions in one case and not allow the...
by placeholder
Fri Dec 19, 2014 3:17 pm
Forum: Personal Consumer Issues
Topic: Stolen car recovered, need a plan
Replies: 27
Views: 3826

Re: Stolen car recovered, need a plan

batpot wrote:do you itemize your deductions?
If so: donate it.
How is that ever a good deal because even if you got a slightly inflated value over what you could sell it for (unlikely) you still only get your tax rate which for most people is 25% to 35%.
by placeholder
Fri Dec 19, 2014 2:12 pm
Forum: Personal Investments
Topic: How can I transition to 3-funds?
Replies: 39
Views: 4385

Re: How can I transition to 3-funds?

allroads wrote:
Taylor Larimore wrote:
"The enemy of a good plan is the dream of a perfect plan." -- Jack Bogle
great quote!
Of course Mr. Bogle was quoting General von Clausewitz who was probably paraphrasing Voltaire.
by placeholder
Fri Dec 19, 2014 1:23 pm
Forum: Investing - Theory, News & General
Topic: Question about reinvesting dividends
Replies: 4
Views: 1091

Re: Question about reinvesting dividends

There's nothing special about dividends so I use the ones from ETFs to do inline rebalancing by directing the purchases to allocations that are lagging just as I do with any new money.
by placeholder
Fri Dec 19, 2014 1:20 pm
Forum: Investing - Theory, News & General
Topic: Bond Fund vs CDs - which to use?
Replies: 59
Views: 15613

Re: Bond Fund vs CDs - which to use?

CDs just aren't tax efficient for me since I can't buy them in the 401k and I have no Roth space for them so they'd have to be in taxable.
by placeholder
Fri Dec 19, 2014 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Improving the TSP [for current participants]
Replies: 418
Views: 63205

Re: Improving the TSP [for current participants]

Late to the discussion. I wish for a Stop-Loss option. Perhaps a roll over to the G fund when things slide south. That's a very interesting idea that I never thought of before. Thank you for suggesting it. I wonder whether anyone has ever suggested it to the FRTIB before. I've never seen it discuss...
by placeholder
Fri Dec 19, 2014 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Contribution from IRA
Replies: 50
Views: 3747

Re: Charitable Contribution from IRA

cheese_breath wrote:Thanks guys. Too late for me this year, but at least I'll know better in 2105.
An optimist!
by placeholder
Fri Dec 19, 2014 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Dollar Cost Averaging and a Backdoor Roth IRA
Replies: 6
Views: 1322

Re: Dollar Cost Averaging and a Backdoor Roth IRA

Easiest is just not to bother with DCA especially for relatively small amounts like annual IRA contributions and even more so when using ETFs.
by placeholder
Thu Dec 18, 2014 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: We made our own Will
Replies: 52
Views: 5494

Re: We made our own Will

chaz wrote:
placeholder wrote:
chaz wrote:The law recognizes holographic wills, i.e. entirely handwritten, signed and dated.
Not that simple at all:
http://en.wikipedia.org/wiki/Holographi ... ted_States
It's not difficult.
Did you look it over because they aren't valid in all states.
by placeholder
Thu Dec 18, 2014 7:03 pm
Forum: Investing - Theory, News & General
Topic: [Why did my fund suddenly drop in value?]
Replies: 232
Views: 229519

Re: [Why did my fund suddenly drop in value?]

No this is better because tend to tune out sticky notes after a while where a bump makes it all fresh and newish.
by placeholder
Thu Dec 18, 2014 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Home Mortgage payoff
Replies: 42
Views: 7536

Re: Home Mortgage payoff

If it were me I wouldn't pay it off but I'm not one that fears or hates debt and I figure can probably get a better return through investing but it's an individual choice.
by placeholder
Thu Dec 18, 2014 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Helping out family members
Replies: 64
Views: 6721

Re: Helping out family members

toto238 wrote:Wouldn't your sister's brother be your brother?
Or Johno which would be really odd.
by placeholder
Thu Dec 18, 2014 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: We made our own Will
Replies: 52
Views: 5494

Re: We made our own Will

chaz wrote:The law recognizes holographic wills, i.e. entirely handwritten, signed and dated.
Not that simple at all:
http://en.wikipedia.org/wiki/Holographi ... ted_States
by placeholder
Thu Dec 18, 2014 1:50 pm
Forum: Forum Issues and Administration
Topic: FYI, just got the following error message [too many clients]
Replies: 10
Views: 3670

Re: FYI, just got the following error message

I've seen that on rare occasions I think it's just a temporary overload situation.
by placeholder
Thu Dec 18, 2014 1:38 pm
Forum: Personal Investments
Topic: Confused with Full Transfer TDA to VG
Replies: 4
Views: 770

Re: Confused with Full Transfer TDA to VG

Are the liquidation fees only if transferring to another institution? Yes although as Livesoft notes if you are Apex level (100k assets) there's no transfer out fee. What would the fees be if you transfer your existing funds to a TDA money market account, then liquidate just the one money market ac...
by placeholder
Thu Dec 18, 2014 1:35 pm
Forum: Personal Investments
Topic: Moving from Vanguard to Fidelity
Replies: 10
Views: 2070

Re: Moving from Vanguard to Fidelity

With a gain harvest you can sell and buy immediately so do it before you move also be sure to check whether you qualify for a bonus at Fidelity:
https://rewards.fidelity.com/offers/cashrewards
by placeholder
Thu Dec 18, 2014 1:28 pm
Forum: Personal Investments
Topic: Upcoming distributions and TLH
Replies: 17
Views: 1844

Re: Upcoming distributions and TLH

TIAX wrote:Is there any reason to not harvest both long term and short term losses?
No in fact harvest short term before they go long term.
by placeholder
Thu Dec 18, 2014 10:27 am
Forum: Personal Consumer Issues
Topic: We cut the (Cable/Satellite TV) Cord!
Replies: 45
Views: 6577

Re: We cut the (Cable/Satellite TV) Cord!

On this board the contrarians are the ones who think satellite or cable is well worth paying for. There's a level of glee expressed by the cable cutters that I can't relate to, but I fully believe in different strokes for different folks. I'm also one of those cable watching contrarians because I l...
by placeholder
Thu Dec 18, 2014 10:23 am
Forum: Personal Consumer Issues
Topic: What desktop should I buy.
Replies: 36
Views: 7674

Re: What desktop should I buy.

Keeping a desktop for 10 years is superior in terms of reducing electronic waste. My 1998 machine is still going and while it's not on the internet anymore it still works as well as ever and I use it for games and other DOS programs because it runs them better than my Win 7 computer using DOS emula...
by placeholder
Thu Dec 18, 2014 1:24 am
Forum: Personal Investments
Topic: Seeking Advice About Self-Employed 401(K) Plan
Replies: 22
Views: 2680

Re: Seeking Advice About Self-Employed 401(K) Plan

cdm770234 wrote:Vanguard web page says: Vanguard also is one of the few investment companies to offer a Roth 401(k) option.
(I have no clue as to what is a Roth 401K!)
https://www.bogleheads.org/wiki/Roth_40 ... 401.28k.29
Fidelity apparently does not offer a Roth 401k but I believe Etrade does.
by placeholder
Thu Dec 18, 2014 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Performed backdoor Roth and accountant did not file 8606
Replies: 52
Views: 6638

Re: Performed backdoor Roth and accountant did not file 8606

You have to file 8606 in that case to record the fact that the contributions were not deducted at the very least so you need to fire the accountant because a $30 piece of software could do this without getting you jacked up with the IRS.
by placeholder
Wed Dec 17, 2014 7:27 pm
Forum: Personal Investments
Topic: Seeking Advice About Self-Employed 401(K) Plan
Replies: 22
Views: 2680

Re: Seeking Advice About Self-Employed 401(K) Plan

Note that Vanguard does not allow Admiral or ETF shares in the i401k plans so one has to use the higher ER Investor share funds.
by placeholder
Wed Dec 17, 2014 7:17 pm
Forum: Personal Investments
Topic: Looking to move inheritance from high-fee advisor
Replies: 30
Views: 3932

Re: Looking to move inheritance from high-fee advisor

I would move it out to somewhere else and manage it myself although I wouldn't use Vanguard but rather move it to somewhere to score a bonus probably Fidelity to get $2500 then use their Spartan funds but that's not for everyone so Vanguard will work.
by placeholder
Wed Dec 17, 2014 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: On average, how often do you check your investment balances?
Replies: 53
Views: 4882

Re: On average, how often do you check your investment balan

About once a month for a full update of the spreadsheet.
by placeholder
Wed Dec 17, 2014 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 4183

Re: Selling Vehicle of Deceased

I do not know whether any states have ways of transferring vehicles outside of a probate process, but in some states (I know this is true in Virginia) bank and credit union account balances can, in certain situations, be disbursed to a next of kin directly - with no requirement to pay the amount to...
by placeholder
Wed Dec 17, 2014 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Recharacterizations, Explanations, and E-filing (Turbotax)
Replies: 17
Views: 1561

Re: Recharacterizations, Explanations, and E-filing (Turbota

I can't answer about TT but I never found a way to add an explanation with Block at home but I would just efile as best you can and if the IRS wants to know more they'll ask.
by placeholder
Wed Dec 17, 2014 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to IRA Every Year
Replies: 6
Views: 1448

Re: Rollover 401k to IRA Every Year

Note that only employee contributions can be Roth which means that they are limited to 17.5k (18k next year).
by placeholder
Wed Dec 17, 2014 1:38 pm
Forum: Personal Investments
Topic: First time TLH harvester - help please
Replies: 13
Views: 1008

Re: First time TLH harvester - help please

A good way to see why that works is reading the rules on what to do with the losses that are "washed" which is to adjust the basis of the replacement shares so really I think under the hood there is a technical wash and the basis of the shares bought before get adjusted then the loss claimed when th...
by placeholder
Wed Dec 17, 2014 1:34 pm
Forum: Personal Investments
Topic: Why a Boglehead doesn't invest in individual companies?
Replies: 142
Views: 21787

Re: Why a Boglehead doesn't invest in individual companies?

I have no skill in picking companies that will outperform and I don't believe most people have that skill either so outperformance is generally just luck.
by placeholder
Wed Dec 17, 2014 1:30 pm
Forum: Personal Investments
Topic: new 401k enrollment - which funds least worst? NEW INFO
Replies: 6
Views: 854

Re: new 401k enrollment - choices..which is least worst? REV

Find out what the rate is on the stable value fund.
by placeholder
Wed Dec 17, 2014 1:16 pm
Forum: Personal Investments
Topic: Where to put cash now? Prefer CD's.
Replies: 33
Views: 8181

Re: Where to put cash now? Prefer CD's.

Actually PenFed has often had good offers in December but did not this year at all.
by placeholder
Wed Dec 17, 2014 1:15 pm
Forum: Personal Investments
Topic: Traditional IRA to 401K?
Replies: 9
Views: 938

Re: Traditional IRA to 401K?

Reasons why can include better asset protection and possibly better selections also if you need to do regular backdoor Roth the TIRA is in the way.
by placeholder
Wed Dec 17, 2014 1:02 pm
Forum: Personal Investments
Topic: How long should I wait to convert to Roth
Replies: 3
Views: 867

Re: How long should I wait to convert to Roth

grabiner wrote:(Actually, if the market rises, it would hurt you by making part of your conversion taxable. I usually make my own backdoor contributions to a money-market fund so that I don't have this risk.)
The only way you have to pay taxes is if you end up with more money so I'm not sure what the risk is.
by placeholder
Wed Dec 17, 2014 12:44 pm
Forum: Personal Investments
Topic: ETFs vs Mutual Funds
Replies: 10
Views: 1323

Re: ETFs vs Mutual Funds

They seem to be separate. I honestly can't find any advantage to ETFs outside of lower costs (which isn't the case with Admiral Funds) I can buy sell hold ETFs at any custodian which is not the case with Admiral index funds (although I think some are starting to offer them in place of the Signal sh...
by placeholder
Wed Dec 17, 2014 12:42 pm
Forum: Personal Investments
Topic: ETFs vs Mutual Funds
Replies: 10
Views: 1323

Re: ETFs vs Mutual Funds

Owning fractional shares has NEVER been the problem (via dividend reinvestment). The problem is if you have $10K to invest and the ETF is trading at $90.23 you CANNOT BUY the fractional shares (110.828 shares to buy). Instead you would be "stuck" buying 110 shares and having $74.70 uninvested. For ...
by placeholder
Wed Dec 17, 2014 12:16 pm
Forum: Investing - Theory, News & General
Topic: Bought in, and then they start tumbling
Replies: 67
Views: 11063

Re: Bought in, and then they start tumbling

If we could identify "good times to buy" and "bad times to buy" we could make a lot of money selling our assets and rebuying them later at least in tax advantaged because there's no real difference between buying an asset and not selling one you have.
by placeholder
Wed Dec 17, 2014 12:05 pm
Forum: Investing - Theory, News & General
Topic: What is your opinion about "tilting?"
Replies: 116
Views: 14412

Re: What is your opinion about "tilting?"

I created my slice and dice tilt portfolio years ago and it's pretty much the same although after losing access to Large Value in my 401k I reformulated things a bit to keep the same factor loadings but increase Large Blend and Small Value while decreasing Large Value and Small Blend.
by placeholder
Wed Dec 17, 2014 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Free H&R Block tax software came in today's mail
Replies: 8
Views: 2173

Re: Free H&R Block tax software came in today's mail

Received a CD in the mail yesterday but it wasn't a free one like last year however it's $9.95 for Deluxe and $14.95 for Deluxe + state which isn't bad if I don't run across a better deal.
by placeholder
Wed Dec 17, 2014 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Rollover 401k to IRA Every Year
Replies: 6
Views: 1448

Re: Rollover 401k to IRA Every Year

Most employer plans do not allow in-service rollovers for people under 59.5 for all employee deferrals and employer matching. No plan should allow it for employee deferrals or Roth contributions because that would be against the law which would apply to solo plans as well and of course employer con...
by placeholder
Tue Dec 16, 2014 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 4183

Re: Selling Vehicle of Deceased

I suggest to donate the car and be done with it. Don't you have to transfer title when you do that? Correct, but non profit organizations receiving the vehicle will do all the DMV and IRS paperwork so that donors don't have to (well, at least the one that I am familiar with). But you can't legally ...
by placeholder
Tue Dec 16, 2014 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 4183

Re: Selling Vehicle of Deceased

john94549 wrote: but just over the line in Missouri, you just sign over the title as an heir.
Only if you were named a beneficiary via TOD on the title otherwise it's the same problem.
by placeholder
Tue Dec 16, 2014 6:59 pm
Forum: Investing - Theory, News & General
Topic: Bogle on CNBC 12-16-2014: 100% USA squity
Replies: 35
Views: 11551

Re: Bogle on CNBC 12-16-2014: 100% USA squity

Why do you have so much cash and what is your intended asset allocation?
by placeholder
Tue Dec 16, 2014 6:51 pm
Forum: Personal Investments
Topic: How long should I wait to convert to Roth
Replies: 3
Views: 867

Re: How long should I wait to convert to Roth

As soon as possible.
by placeholder
Tue Dec 16, 2014 5:06 pm
Forum: Personal Investments
Topic: Invest in One Lump Sum or Spread Out?
Replies: 9
Views: 1017

Re: Invest in One Lump Sum or Spread Out?

Better question is why are you "coming back into the market"?
by placeholder
Tue Dec 16, 2014 5:02 pm
Forum: Personal Investments
Topic: Backdoor Roth Guidance Needed
Replies: 4
Views: 777

Re: Backdoor Roth Guidance Needed

Are you sure that you'll need to do backdoor because remember that's MAGI so any deductible 401k or 403b contributions are subtracted from gross income.
by placeholder
Tue Dec 16, 2014 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: sizeable negative balaance on credit card--how to access?
Replies: 24
Views: 3772

Re: sizeable negative balaance on credit card--how to access

baw703916 wrote:Seriously, it makes me happier to have money than to spend it. I don't know why nobody seems to understand that.
Oh I understand very well.
by placeholder
Tue Dec 16, 2014 2:53 pm
Forum: Investing - Theory, News & General
Topic: Any negative outlooks on healthcare industry's future
Replies: 49
Views: 5420

Re: Any negative outlooks on healthcare industry's future

Luisrz87 wrote:
baw703916 wrote:Mr. Market knows all that information.
Not sure what you mean?
That means that everyone else knows what you know and that is already factored into current prices.
by placeholder
Tue Dec 16, 2014 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Vehicle of Deceased
Replies: 26
Views: 4183

Re: Selling Vehicle of Deceased

cfs wrote:I suggest to donate the car and be done with it.
Don't you have to transfer title when you do that?
by placeholder
Tue Dec 16, 2014 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Over witholding in Roth Conversion
Replies: 14
Views: 1064

Re: Over witholding in Roth Conversion

I like the pdf version because you can cite page numbers which make it easier for someone else to find things. Otherwise referring to a pub sometimes requires a bit of hunt to find things (like here). But the index entries are links so you can provide a direct pointer that's even better than a page...
by placeholder
Tue Dec 16, 2014 1:38 pm
Forum: Personal Investments
Topic: ROTH Conversion and RMD Sequence
Replies: 4
Views: 785

Re: ROTH Conversion and RMD Sequence

It is actually a problem if you do it in the wrong order and there was a recent thread on the matter which you can probably find (look at Alan S. posts because he answered in there).