Search found 575 matches

by financial.freedom
Wed Dec 17, 2014 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL/work longer vs. LCOL/early retirement?
Replies: 6
Views: 1176

Re: HCOL/work longer vs. LCOL/early retirement?

If you could be happy there, it sounds like you need to research career opportunities there. It doesn't sound like you have time to enjoy all the great things available where you live. It sounds like your child will not see much of you. If you really love your life now, then your decision is made. ...
by financial.freedom
Wed Dec 17, 2014 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL/work longer vs. LCOL/early retirement?
Replies: 6
Views: 1176

Re: HCOL/work longer vs. LCOL/early retirement?

My recommendation would be to review your hierarchy of values. What values would each area be fulfilling? Right now DW is in the military, so we don't have a choice. However as soon as she gets out (in the next couple of years) it will be a very easy decision to move back to our families. We are in...
by financial.freedom
Wed Dec 17, 2014 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL/work longer vs. LCOL/early retirement?
Replies: 6
Views: 1176

Re: Work longer and stay in HCOL area vs. early retirement?

How often do you go to the museums, the theater, the concerts? Are you going every week, month, a few times a year? Are the schools in the LCOL area that much inferior? How much do you like your jobs in the HCOL area? Is the HCOL area stressful in other ways (e.g. traffic, crowds)? Consider that fo...
by financial.freedom
Wed Dec 17, 2014 2:10 pm
Forum: Investing - Theory, News & General
Topic: PSA - check your reinvestment settings
Replies: 2
Views: 623

Re: PSA - check your reinvestment settings

FYI - also had to change settings back to SpecID.
by financial.freedom
Wed Dec 17, 2014 2:05 pm
Forum: Investing - Theory, News & General
Topic: PSA - check your reinvestment settings
Replies: 2
Views: 623

Re: PSA - check your reinvestment settings

Wow, I'm really grateful for this post. I recently TLH'd and sure enough they had reset it to "reinvest dividends." Just changed it back. Thanks!
by financial.freedom
Wed Dec 17, 2014 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: HCOL/work longer vs. LCOL/early retirement?
Replies: 6
Views: 1176

HCOL/work longer vs. LCOL/early retirement?

We live in a high cost of living (HCOL) area and work long hours but are paid well. We are renting and considering buying a home, however homes cost minimum 1.3 to 1.7M in our area. We could either continue renting, save/invest money for ~5-7 years then retire early or work part-time if we move to L...
by financial.freedom
Wed Dec 17, 2014 12:43 pm
Forum: Personal Investments
Topic: What is the best strategy for HSA?
Replies: 6
Views: 2315

Re: What is the best strategy for HSA?

Thank you for the replies. TIPS are not part of our IPS so maybe TSM or something similar then. They will let us choose the provider, so will start another thread for that question. Thank you again.
by financial.freedom
Tue Dec 16, 2014 7:54 pm
Forum: Personal Investments
Topic: What is the best strategy for HSA?
Replies: 6
Views: 2315

What is the best strategy for HSA?

My spouse's employer is now offering a high deductible health plan (HDHP) and HSA in addition to the usual HMO and PPO. What is the best way to incorporate an HSA into our portfolio? Our tax is about 50% (about 40 fed and 10 state, rounding off for simplicity). We live in CA, so I think not deductib...
by financial.freedom
Mon Dec 15, 2014 7:47 pm
Forum: Personal Consumer Issues
Topic: Should I buy house with a crack?
Replies: 29
Views: 4504

Re: Should I buy house with a crack?

Thank you for the replies. I think we will look for another home. This home has a great view and is in an excellent location, but I also "am chicken" as Calm Man mentioned above. So best not to spend my life worrying all the time about the foundation. Thanks!
by financial.freedom
Mon Dec 15, 2014 2:13 am
Forum: Personal Consumer Issues
Topic: Should I buy house with a crack?
Replies: 29
Views: 4504

Re: Should I buy house with a crack?

In California, the seller is required to disclose all known problems with the house. Maybe they will "forget" some or haven't lived there very long, so an inspection is usually done. Have you asked the realtor what all the known problems are? Is the earth settling in different areas of th...
by financial.freedom
Mon Dec 15, 2014 12:07 am
Forum: Personal Consumer Issues
Topic: Should I buy house with a crack?
Replies: 29
Views: 4504

Should I buy house with a crack?

We found a home in a great neighborhood with a nice view and the right size for our family. However, we noticed a crack across the living room floor extending all the way to the other side. Their agent said this common because that part of the home is a new addition since it was built. I don't know ...
by financial.freedom
Fri Nov 14, 2014 10:57 am
Forum: Personal Investments
Topic: Portfolio help: goal of early retirement
Replies: 2
Views: 773

Re: Portfolio help: goal of early retirement

Should be easily attainable, assuming that a) your incomes are stable and you are able to consistently save $200k+ each year, and b) we don't have a prolonged bear market. No one has a crystal ball for (b), but regarding (a) — how stable are your jobs? My job is stable. My wife's job will hopefully...
by financial.freedom
Fri Nov 14, 2014 1:18 am
Forum: Personal Investments
Topic: Portfolio help: goal of early retirement
Replies: 2
Views: 773

Portfolio help: goal of early retirement

Emergency funds: 6m expenses Debt: 200k school loans at 2.7% Tax Filing Status: MFJ Tax Rate: 39.6% Federal, ~10% State State of Residence: CA Age: mid 30s Desired Asset allocation: 70% stocks / 30% bonds Desired International allocation: 30% of stocks Current total portfolio size: mid six-figures C...
by financial.freedom
Thu Nov 13, 2014 11:32 pm
Forum: Personal Investments
Topic: Steps/questions for donating appreciated shares to charity
Replies: 4
Views: 565

Re: Steps/questions for donating appreciated shares to chari

Yes, I may set up DAF in the future. I apologize if the above post was confusing, I mainly want to know how it works if I donate appreciated shares from my taxable account. Let's use $1,000 LT cap gains from TSM as an example: 1. I avoid capital gains tax: 23.8% * 1,000 = $238 2. 1k is deducted from...
by financial.freedom
Thu Nov 13, 2014 10:14 pm
Forum: Personal Investments
Topic: Steps/questions for donating appreciated shares to charity
Replies: 4
Views: 565

Steps/questions for donating appreciated shares to charity

I read the BH Wiki but want to clarify the steps: 1. I have to hold the shares for > 1 year. 2. Use spec ID and donate the shares purchased at the lowest price (tax lot with highest% gains). 3. Fill out the VG form listed on the BH Wiki Can someone who has done this before please verify the above an...
by financial.freedom
Sat Oct 11, 2014 7:30 pm
Forum: Personal Investments
Topic: Is this a partial or complete wash sale?
Replies: 3
Views: 751

Re: Is this a partial or complete wash sale?

These are the shares. I read Pub 550 and having trouble figuring out which shares the wash sale applies to: VTIAX TAXABLE: 10/03/2014 Buy 55.804 09/23/2014 Dividend 0.000 $0.00 $149.29 09/19/2014 Buy 42.239 09/15/2014 Buy 52.724 09/10/2014 Buy 104.420 09/04/2014 Buy 72.289 08/22/2014 Buy 83.362 08/0...
by financial.freedom
Sat Oct 11, 2014 5:14 pm
Forum: Personal Investments
Topic: Is this a partial or complete wash sale?
Replies: 3
Views: 751

Is this a partial or complete wash sale?

A. I sold tax lots of VG Total Intl (VTIAX) from taxable on 10/6 that were purchased on the following dates: 09/19/2014 09/15/2014 09/10/2014 09/04/2014 08/22/2014 08/08/2014 07/24/2014 07/14/2014 The total of these tax lots is about 30k that was exchanged for VFWAX (Vanguard FTSE All-World ex-US In...
by financial.freedom
Sat Oct 11, 2014 2:56 am
Forum: Personal Investments
Topic: What to do about my wash sale
Replies: 22
Views: 1791

What to do about my wash sale

I sold VTIAX in taxable on 10/6 but didn't realize my wife had VTIAX in her Roth with reinvested dividend on 9/23.

The amount of reinvested dividend was small (about $100).

Does this mean it's a wash sale since it was within 30 days? Is there still a way to claim part of the loss on our taxes?
by financial.freedom
Sat Oct 11, 2014 12:25 am
Forum: Personal Investments
Topic: Argh! .... TLH confusion .... Please help!
Replies: 19
Views: 2295

Re: Argh! .... TLH confusion .... Please help!

I am confused too. I don't think the Roth matters, right? You are selling VTIAX in taxable and not buying shares of that stock again in either taxable or Roth for 31 days, right? I must be missing something too.
by financial.freedom
Tue Oct 07, 2014 6:59 pm
Forum: Personal Investments
Topic: Yet another TLH question
Replies: 16
Views: 1535

Re: Yet another TLH question

Oh wow, good to know. My Roth has TR fund so should be okay. But my spouse's Roth has VTIAX, so I will have to see what dividend was reinvested.

Didn't realize spouse accounts are also considered for a wash sale. Can someone confirm this?

Thanks!
by financial.freedom
Tue Oct 07, 2014 6:03 pm
Forum: Personal Investments
Topic: Yet another TLH question
Replies: 16
Views: 1535

Re: Yet another TLH question

This is probably a beginner question (I apologize), but if OP is only using TLH for taxable does it matter whether or not dividends are re-invested in the Roth IRA?

Reason I ask is that I just did TLH for TISM in taxable and didn't look at reinvested dividends in my Roth.
by financial.freedom
Sat Oct 04, 2014 10:21 am
Forum: Personal Investments
Topic: TLH questions
Replies: 6
Views: 955

Re: TLH questions

Plan sounds OK. If VFWAX and/or VLCAX go up in the next few weeks, do you intend to hold them forever? A. You should not buy any TSM or TISM within 31 days are selling them, so either wait for new purchases from paycheck or now buy VLCAX and VFWAX. B. It is HOLDING the shares for 61 days and NOT 61...
by financial.freedom
Sat Oct 04, 2014 2:30 am
Forum: Personal Investments
Topic: TLH questions
Replies: 6
Views: 955

Re: TLH questions

Thank you for the welcome and the replies. This is my first TLH, so I apologize if my questions seem basic. How does this plan sound for NYSE closing on Monday: 1. Sell TISM and buy VFWAX 2. Sell TSM and buy VLCAX A. My IPS involves using excess from each paycheck (every 2 weeks) to buy TSM and TISM...
by financial.freedom
Fri Oct 03, 2014 10:28 am
Forum: Personal Investments
Topic: TLH questions
Replies: 6
Views: 955

TLH questions

First off, thank you for providing an excellent forum. I plan to use TLH for the first time this tax year and read the BH Wiki, but have questions: 1. What is the minimum amount of time I should hold shares before selling at a loss? To avoid the rule regarding qualified dividends, it appears as thou...