Search found 268 matches

by ccf
Tue Oct 16, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: 5 Year CD Coming Due
Replies: 8
Views: 1394

Re: 5 Year CD Coming Due

Check out the "Ally Banking 1% extra back up to $1,000 on new money deposited" thread.

Ally has good CD rates and painless transfers/withdrawals/early withdrawals.
by ccf
Tue Oct 16, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 27
Views: 2479

Re: How much of a dip do you want before you TLH?

The Wizard wrote: Tue Oct 16, 2018 9:19 am What's the advantage of a short term loss vs a long term loss?
That it can be used to counter short term gains?
Losses offset gains of the same type first before they can be applied the other type, so if you have both short term gains and long term gains, the short term losses are more valuable.
by ccf
Tue Oct 16, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 27
Views: 2479

Re: How much of a dip do you want before you TLH?

I set a $ amount (I do it when I can harvest a $5000 loss from a single fund) but I'll go lower if a short term loss is close to becoming a long term loss or if the year is almost over.
by ccf
Mon Oct 15, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 75219

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

aaagh I have a large CD in transit from Northwest Federal Credit Union - lots of us have these 3% CDs maturing this month. I enrolled but I'll be surprised if I get the bonus since I initiated the transfer from Ally last Friday. The 2.5% 1 year CD plus the 1% bonus looks like a good deal for people ...
by ccf
Wed Oct 03, 2018 11:42 am
Forum: Personal Investments
Topic: Take the hit or ride it out?
Replies: 21
Views: 3941

Re: Take the hit or ride it out?

When you say $200,000 hit, do you mean compared to exchanging in like 2007 or something?

If you stay in GBP only because of today's GBPUSD rate, which has been relatively stable for the last year, then you are placing a bet on GBP.
by ccf
Sun Sep 02, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: Do-It-Yourself Wiring the Home With Ethernet: What to Buy
Replies: 54
Views: 3986

Re: Do-It-Yourself Wiring the Home With Ethernet: What to Buy

So I spend too much time with computers, I've wired buildings as a summer job (years ago) and most of my walls were opened up when I moved into my current house and I never considered putting Ethernet drops all over the place. Think about running to 1 location on each floor, whatever location will n...
by ccf
Wed Aug 29, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: How do you save money on groceries?
Replies: 157
Views: 11751

Re: How do you save money on groceries?

What state do you live in and how many people are you feeding?

$120 a week sounds pretty impressive to me!

(I'm in Massachusetts, not near a Costco, so I shop at Market Basket)
by ccf
Sun Aug 26, 2018 1:22 am
Forum: Personal Investments
Topic: Help me switch from Robo to the Boglehead way!
Replies: 16
Views: 1794

Re: Help me switch from Robo to the Boglehead way!

I did the same thing 4 or 5 years ago :) I'm happy that Betterment got me started investing in a taxable account and I'm happy that I moved to Vanguard. You can move all of your Roths online without any phone calls. The taxable... Back when I did it the process was frustrating. Things have probably ...
by ccf
Thu Aug 23, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: I saved $3,200 on a $23,500 car with minimal stress.
Replies: 45
Views: 6595

Re: I saved $3,200 on a $23,500 car with minimal stress.

This was my slightly lazy approach when I bought my car 2 years ago: * Created a throwaway email address * Plugged it into a bunch of "get prices from dealers" things: Truecar, Kelly Blue Book, Edmunds, my insurance co, local dealer websites. * I think I got 20-30 responses. Picked the bes...
by ccf
Thu Aug 16, 2018 5:34 am
Forum: Personal Investments
Topic: Should I Max Out Tax-Deferred Accounts?
Replies: 28
Views: 2539

Re: Should I Max Out Tax-Deferred Accounts?

If you would hit your $2.5M number very quickly by maxing, why not do so as soon as you can manage and in later years pay somewhat higher taxes to establish the taxable cushion you'll need for your early retirement years when converting? You'll put together your taxable account in the last few year...
by ccf
Wed Aug 15, 2018 5:31 pm
Forum: Personal Investments
Topic: Octogenarian father in law's idea of balance: AAPL + CASH
Replies: 35
Views: 3852

Re: Octogenarian father in law's idea of balance: AAPL + CASH

which I am slowly taking over at their request. Is there something they want you to change or some new goal? Or do they just not want to think about it anymore? If it were me I guess I'd move bulk of the cash somewhere where it can pick up 2% interest and otherwise leave it alone. Maybe press a lit...
by ccf
Fri Aug 03, 2018 11:54 pm
Forum: Personal Investments
Topic: Trade 3.5% guaranteed for something else?
Replies: 14
Views: 1927

Re: Trade 3.5% guaranteed for something else?

Sure I'll trade you something for 3.5% guaranteed with no strings attached! I've got a 3% CD, 2.4% CD, 2.25% CD and Vanguard munis. Want any of those? ;) Personally, since one can never deposit into this and my allocation is 70/30, I'd probably keep 10% in here until it is losing money (after taxes ...
by ccf
Thu Aug 02, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: Interesting Take on the 3 Fund Model
Replies: 66
Views: 4445

Re: Weird Portfolio Guy Returns

I dunno man... This looks like throwing darts at sector funds and the Fortune 100. It's stock picking. Maybe you'll get lucky.
by ccf
Wed Jun 20, 2018 7:19 pm
Forum: Personal Investments
Topic: Selling Amazon?
Replies: 17
Views: 1723

Re: Selling Amazon?

As I said this is a relatively small portion of my portfolio 11k out of >500k which we keep adding to every paycheck but I'm not sure if I should cash out or let it ride. At 2% of your portfolio, I think either option is totally fine but if you let it ride, consider making plans / getting an Invest...
by ccf
Tue Jun 12, 2018 7:18 am
Forum: Personal Investments
Topic: Cash Balance Plan- Should I participate
Replies: 8
Views: 1187

Re: Cash Balance Plan- Should I participate

scurry12 wrote: Mon Jun 11, 2018 11:21 am Our group has set a conservative return of 3%
Are you sure that the return will be fixed at 3%?

I may be remembering incorrectly but I think that cash balance plans often have a floor/guaranteed return of 3%. I'd find out how it is actually invested.
by ccf
Fri Mar 23, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: FB
Replies: 356
Views: 38353

Re: Anyone Deleting Facebook?

I'm not sure what was in my data. I deleted my account.

(before all of this, because I'm a hermit at heart and it was all too much)
by ccf
Fri Mar 23, 2018 7:57 am
Forum: Personal Consumer Issues
Topic: FB
Replies: 356
Views: 38353

Re: Anyone Deleting Facebook?

There is nothing in my facebook account that isn't easily found with quick internet search. "Downloaded my facebook data as a ZIP file. Somehow it has my entire call history with my partner's mum, metadata about every text message I've ever received or sent. Spoiler: I don't use messenger for ...
by ccf
Mon Feb 19, 2018 7:30 am
Forum: Personal Investments
Topic: Roth conversions to shrink RMDs
Replies: 15
Views: 1451

Re: Roth conversions to shrink RMDs

livesoft wrote: Mon Feb 19, 2018 7:29 am Does she have money to pay the taxes on the conversion(s) from non-IRA sources?
Not in cash but she has a $100k taxable account.
by ccf
Mon Feb 19, 2018 7:25 am
Forum: Personal Investments
Topic: Roth conversions to shrink RMDs
Replies: 15
Views: 1451

Re: Roth conversions to shrink RMDs

It's $85k for singles. Hm.. ok I looked up the premiums: $85,000 - $107,000: +$642/year $107,000 - $133,500: +1596 year $133,500 - $160,000: +$4180/year So converting $200,000 (4 years until RMD, $50k per year to stay under the $133,500) would be her tax rate of 24% plus 3.2% in premium increases. ...
by ccf
Mon Feb 19, 2018 7:14 am
Forum: Personal Investments
Topic: Roth conversions to shrink RMDs
Replies: 15
Views: 1451

Re: Roth conversions to shrink RMDs

There is no income limit on Roth conversions. Oh right. Of course, thus the whole backdoor option for non retired people :) so it could make sense to convert up to the Medicare limit (thank you carolinaman) My thinking was: she is earning about $83k, the majority of which is from an inflation adjus...
by ccf
Mon Feb 19, 2018 5:29 am
Forum: Personal Investments
Topic: Roth conversions to shrink RMDs
Replies: 15
Views: 1451

Roth conversions to shrink RMDs

My mother in law is 67 and she has a high 6 figure IRA that she does not expect to need any time soon because of a pension and SS. She is in very good health and longevity runs in the family so she may very well need it in 15 or 20 years. With the new tax brackets, she is barely in the $82k-$153k 24...
by ccf
Wed Jan 31, 2018 10:43 pm
Forum: Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 29032

Re: I bought a stock today - Redfin (RDFN)

Even if this stock pick pays off handsomely, this thread really illustrates how easily you can get yourself into trouble. OP, if you are still there, i don't think we can convince you to gamble less than 20% but I hope you are convinced that an exit plan is important... And not something like "...
by ccf
Wed Jan 31, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Any 2018 Tax Estimator Sites?
Replies: 8
Views: 1897

Re: Any 2018 Tax Estimator Sites?

The download version.

If you like TurboTax and you haven't done your taxes yet, you might want to consider doing them with the desktop version just to get the "What If" tool (which will get updates as the year goes on)
by ccf
Sat Jan 27, 2018 4:18 am
Forum: Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 29032

Re: I bought a stock today - Redfin (RDFN)

Wow 20% is a lot. If you want to be talked down a bit, chatting with a few experienced (non Redfin and Redfin) agents about Redfin might do that. I went from being excited about their business to feeling like they are mainly a referral service with a nice website/app that spends all of their referra...
by ccf
Tue Jan 23, 2018 8:08 pm
Forum: Personal Investments
Topic: 50% of my portfolio in FANG - 15% in NVDA
Replies: 64
Views: 9163

Re: 50% of my portfolio in FANG - 15% in NVDA

I started buying NVDA in the 20s and has been one of the highest flyers over past 2 years and I have like a 700%+ return in 2 years. It's now grown to about 15% of my portfolio. That's great. It's time to decide what % of your portfolio you are willing to have in this stock, write that down in your...
by ccf
Wed Jan 10, 2018 10:54 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 4098

Re: House water detection and alert system?

I like these - you can monitor moisture, temperature, even motion. It's not fancy but it is easy to set up and not a complex smart home system. http://wirelesstag.net The base is $40 and the tiny tags, which run forever on button batteries, are about $20 each. The range is good. I have the base in t...
by ccf
Sat Jan 06, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Does Rebalancing Really Matter, Especially in Taxable?
Replies: 14
Views: 1999

Re: Does Rebalancing Really Matter, Especially in Taxable?

Have you seen Vanguard's paper titled "Best practices for portfolio rebalancing"? It contains several tables comparing strategies. After reading it I settled on a plan that I can stick with. I rebalance using bands, and I only check to see if a rebalance is necessary on a quarterly basis. ...
by ccf
Fri Jan 05, 2018 8:21 am
Forum: Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 6175

Re: Cryptocurrency Exit Strategy

Anyone want to point me to a checkout web page from an online merchant that offers to accept Ripple? XRP isn't for buying things. Ripple's product is used by banks, American Express, etc. I don't follow Ripple but I haven't heard of anyone using XRP, Ripple's currency, for real things at the moment...
by ccf
Fri Jan 05, 2018 7:56 am
Forum: Personal Investments
Topic: Cryptocurrency Exit Strategy
Replies: 52
Views: 6175

Re: Cryptocurrency Exit Strategy

What would be a good exit strategy? How would you go about constructing one? I play with some "funny money" (including crypto) and I add my plan/strategy to each to my IPS when I make the investment/gamble. Here's what I currently have, if it is any help: thing 1, an individual stock: &qu...
by ccf
Sat Dec 23, 2017 9:54 pm
Forum: Personal Investments
Topic: Do you have trouble standing firm on your asset allocation?
Replies: 45
Views: 4985

Re: Do you have trouble standing firm on your asset allocation?

I think I would have trouble if I could tinker, but I have made it difficult for myself. My tax deferred accounts are all balanced funds (Target Retirement and Lifestrategy) and my taxable account is 3 fund so tinkering would trigger capital gains... I do mess with some "funny money" that ...
by ccf
Thu Dec 07, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 8933

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

Specialize/pick a niche and change jobs. That'd be my advice for a path to more $. You don't necessarily have to do any extra work or education, just look for jobs that will provide some focus and prune your resume accordingly. Being the 1 IT generalist in a small shop can be fun and is a great way ...
by ccf
Sat Dec 02, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 6752

Re: How do I convince my employees to invest more?

When I was in my twenties my boss used to nag me about increasing my contribution little by little. I am very thankful that he did so I nag/remind my employees every time they get a pay increase. I also annoy my younger siblings annually. I figure that it could help and it's not so often that it rea...
by ccf
Sun Nov 26, 2017 7:40 am
Forum: Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 139
Views: 17133

Re: Didn't buy Bitcoin at $4600

I bought 3 bitcoin at $900 in 2013 and sold them at a loss about 6 months later. Ooops! not that there is any way I could have held them through all of the ups an downs and still had them today. The price didn't hit $900 again until 2017, 4 years later. If i dug into my pre-Bogleheads trading histor...
by ccf
Fri Oct 20, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 7350

Re: I have to fire someone that I care about personally

Well.. this is a bad situation, but from your posts, you don't want her in the band and there isn't any going back to the way things were. Like Grt2bOutdoors said above, "Nothing worse than being surrounded by people who don't want you there". So on to the firing... I'm not sure if we shou...
by ccf
Tue Oct 17, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 98
Views: 10352

Re: What do you buy in Asian food stores?

natto
miso paste
good short grain rice
dumpling wrappers (frozen)
kewpie mayo

fresh noodles

gochujang and doenjang
rice cakes (frozen)
naeng myun
kimchi
prepared korean side dishes

whatever fruit and veg looks good
fun sweets for the kids
by ccf
Thu Oct 12, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 4332

Re: Boston area Relocation...major decision points

but also would want a short or reverse commute, balancing everything else above. Wondering about Peabody/Salem, etc. North shore towns are going to be a painful commute to Woburn during peak times. I'd cross those off of your list. but, if you are both in your mid 50s and the higher cost isn't a pr...
by ccf
Sun Oct 08, 2017 9:23 pm
Forum: Personal Investments
Topic: Moving our companies 401K plan
Replies: 2
Views: 624

Re: Moving our companies 401K plan

I use Aspire. It's a low flat fee and then .03% goes to the custodian. I use all Vanguard funds. The custodian's fees are pretty low but maybe you can do even better, I'm not sure. Just as an example (I don't know anything about this company) this is the sort of thing you can find with flat fee prov...
by ccf
Mon Oct 02, 2017 8:57 pm
Forum: US Chapters
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 15576

Re: Bogleheads you would most like to meet and why?

I get a lot out of Bogleheads and all of the regulars but I especially appreciate all of the regular posters who are 80 and up. I don't use Facebook and Twitter and Instagram skew young, so I feel like this is the only "social" place on the internet where I get to read regularly read thoug...
by ccf
Thu Sep 21, 2017 6:28 pm
Forum: Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 31983

Re: I won the Lottery. Need sound advice.

This is life-changing. Hi DrHotLunch, You've received a lot of great advice and I'm glad to see that you came back and posted. I don't disagree with all of the people that have said "pay debt and put the rest into (several) savings accounts and leave it for a while" but I'll offer this an...
by ccf
Sat Aug 19, 2017 4:06 am
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 11798

Re: Home Page Updated

One Ping wrote: Fri Aug 18, 2017 11:10 pm Have to scroll left to right to make sense of anything and now it
That was happening to me, even after I refreshed.

I use Chrome on Android and I got it to do a harder refresh by turning "request desktop site" on and off again.
by ccf
Fri Aug 18, 2017 10:18 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 11798

Re: Home Page Updated

Ignore me! Now I'm getting the correct format and I'd have no reason to zoom. Everything looks good.
by ccf
Fri Aug 18, 2017 10:09 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 11798

Re: Home Page Updated

On a phone that is 412 px wide (Google Pixel) I see this and I pan around to view the rest of the page. Should it be fitting my screen or is this normal?

[Links removed,]
by ccf
Fri Aug 18, 2017 10:00 pm
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 11798

Re: Home Page Updated

cool :)

It looks like pinch to zoom on mobile devices is disabled. (User-scalable=no I guess?) Could it be enabled?
by ccf
Fri May 12, 2017 8:31 am
Forum: Personal Consumer Issues
Topic: Solid salt in water softener
Replies: 14
Views: 5529

Re: Solid salt in water softener

In your brine tank? It happens. You may have overfilled it. If this is a regular sized brine tank then half full is very full.

Try a hammer. I'd clean it out entirely, throw all of the chunks away and put in 1 bag of new pellets.
by ccf
Thu Apr 13, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Social security: restricted application and spousal benefits
Replies: 6
Views: 1443

Social security: restricted application and spousal benefits

There are lots of great threads on this topic and I thought that I understood it but reps at the SS office keep telling my mother in law "no" and I want to make sure that I am correct. * she was born before January 2, 1954 (1951) * is currently full retirement age * has a spouse who is col...
by ccf
Mon Apr 10, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Ordering a Weber grill this week
Replies: 164
Views: 19849

Re: Ordering a Weber grill this week

I think that any Weber Genesis is a great choice. I have an E-330. I use the sear burner sometimes but I would not miss it at all if I didn't have it. I use the side burner for two things 1) lighting a charcoal chimney for my smoker and 2) boiling big pots of lobster. I'd miss it, but I could get a ...
by ccf
Mon Mar 27, 2017 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 5253

Re: Boston apartment hunting advice/can I afford a studio?

my preferred place for living would be beacon hill No. sorry. I got rid of my rental in boston 2 years ago so I I don't know today's market, but I don't think you are going to find anything right in town for this price, and Beacon Hill is among the most pricey. I moved to the Boston right after col...
by ccf
Tue Feb 28, 2017 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: LLC vs. S-corp
Replies: 22
Views: 2225

Re: LLC vs. S-corp

I'm not an expert - just an LLC who has not elected to be taxed as an S Corp. I don't think there is any way this benefits you if you are using reasonable compensation numbers for your wife and bringing in less than 50K. You can always elect to have your LLC taxed as an S Corp in some future tax yea...
by ccf
Sun Jan 15, 2017 1:57 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance and LLC
Replies: 10
Views: 3026

Re: Health insurance and LLC

Agreeing with everyone else - a high deductible plan with HSA will probably be the best value. No LLC necessary. Use Cobra if the premiums make sense - they didn't in my case.