Search found 192 matches

by ianferrel
Sun Mar 01, 2015 9:16 pm
Forum: Personal Investments
Topic: Help planning Roth IRA Conversion
Replies: 4
Views: 727

Re: Help planning Roth IRA Conversion

hoppy08520 wrote:Just note the income limits for deducting contributions to a TIRA if that's what you're considering.
We are over the limits for deducting.

Is it worth contributing to a non-deductible TIRA with expected conversion a decade ahead?
by ianferrel
Sun Mar 01, 2015 9:14 pm
Forum: Personal Investments
Topic: Help planning Roth IRA Conversion
Replies: 4
Views: 727

Re: Help planning Roth IRA Conversion

elgob.bogle wrote:It might help if you listed assets in each account and their individual percent of portfolio.
I didn't add that information because I don't think it was relevant to any of the questions I had.
by ianferrel
Sat Feb 28, 2015 1:04 pm
Forum: Personal Investments
Topic: Help planning Roth IRA Conversion
Replies: 4
Views: 727

Help planning Roth IRA Conversion

I recently got married, and I'm trying to make sense of our combined retirement accounts and figure out the optimal plan going forward. Mine are pretty simple (I have a 401k at work and a Roth IRA I've been adding to every year). I am above the income limit for Roth IRA contributions, so I've been d...
by ianferrel
Fri Jan 09, 2015 12:53 pm
Forum: Personal Consumer Issues
Topic: Waterproof digital camera
Replies: 6
Views: 1094

Re: Waterproof digital camera

I took a Panasonic TS-5 on a 4 month trip, scuba diving, mountain climbing, hiking through the rainforest. It took some great pictures and survived well.
by ianferrel
Sat Nov 08, 2014 1:19 pm
Forum: Personal Consumer Issues
Topic: My DISH tv bill just keeps going up and up
Replies: 50
Views: 19985

Re: My DISH tv bill just keeps going up and up

What do you watch on it, how much, and how often? Do you care about being up to date on things? I'd consider a Netflix subscription combined with just buying the shows/movies you want to watch that aren't available. Most rental movies on iTunes/Amazon/whatever are $3-5 per. You could rent three movi...
by ianferrel
Thu Oct 30, 2014 1:11 pm
Forum: Personal Consumer Issues
Topic: Upgraded to OS X 10.10 Yosemite
Replies: 38
Views: 6366

Re: Upgraded to OS X 10.10 Yosemite

The biggest fear in the computer industry is that consumers will notice that what they have now is perfectly adequate. Given that Apple no longer charges for OS upgrades, their incentives for upgrades are a lot more aligned with their users than most software companies. There's little point in push...
by ianferrel
Tue Oct 21, 2014 11:31 am
Forum: Personal Consumer Issues
Topic: You may be getting charged rent for a router/modem you own
Replies: 34
Views: 5693

Re: You may be getting charged rent for a router/modem you o

Thanks for the timely reminder. I just moved and re-subscribed to cable. The first bill came, and sure enough, they were charging me $7 rent for my cable modem. Given how incompetent Cox is at so many things, I think this is just a case where they have no incentive to fix their obviously broken syst...
by ianferrel
Tue Oct 14, 2014 12:55 am
Forum: Personal Consumer Issues
Topic: Apple Airport Extreme vs Express as Range Extender
Replies: 7
Views: 2410

Re: Apple Airport Extreme vs Express as Range Extender

If your house is wired with coax cable, you can get a MoCa router (Multimedia over Coax) that will network over that. I got some from a brand called Actiontec, and they worked great. They can coexist with cable television, but not with satellite television. You need to put a filter on your cable whe...
by ianferrel
Fri Sep 19, 2014 11:50 am
Forum: Personal Consumer Issues
Topic: Macbook Air; how much RAM?
Replies: 59
Views: 6030

Re: Macbook Air; how much RAM?

Yes, I wonder what the technical reason for this could possibly be. This is simply planned obsolescence, and Apple wanting to overcharge for RAM. Planned obsolescence is largely a myth. Every single manufactured thing has an expected lifetime based on the materials and design, and on average, those...
by ianferrel
Thu Sep 18, 2014 5:03 pm
Forum: Personal Consumer Issues
Topic: Macbook Air; how much RAM?
Replies: 59
Views: 6030

Re: Macbook Air; how much RAM?

I have a Macbook Air with 4GB, and I don't have any of the problems people are claiming. The claim that future OSes will necessitate more memory is not supported by recent history: The last several Mac OS revisions have gotten better at memory management. Have you looked at Activity Monitor to see w...
by ianferrel
Fri Sep 12, 2014 1:49 pm
Forum: Personal Consumer Issues
Topic: Sprint Family Pack - 10 lines - $100 /month
Replies: 5
Views: 988

Re: Sprint Family Pack - 10 lines - $100 /month

Note that the price lasts "through 2015", then it's an additional $15/mo per phone.

And presumably you have to sign up for a 2-year contract. So if you actually had 10 lines, you'd have to pay $250/mo for the last 9 months of your contract.
by ianferrel
Sun Mar 09, 2014 10:01 pm
Forum: Personal Investments
Topic: Recharacterize Roth IRA then backdoor?
Replies: 8
Views: 2841

Re: Recharacterize Roth IRA then backdoor?

Ok, so it sounds like I was correct that I can recharacterize now, but I can't retroactively convert for TY 2013.

It turns out that my income will be much lower in 2014, so I'm actually better off doing the conversion in 2014.

Thanks for your help, everyone.
by ianferrel
Sun Mar 09, 2014 8:27 pm
Forum: Personal Investments
Topic: Recharacterize Roth IRA then backdoor?
Replies: 8
Views: 2841

Recharacterize Roth IRA then backdoor?

I contributed to a Roth IRA early in 2013. The IRA is at Vanguard. I just discovered while doing my taxes that my MAGI was too high to contribute to a Roth IRA. So, I *think* what I need to do is recharacterize the contribution as to a normal IRA, then convert to a Roth IRA? Questions 1. Is that rig...
by ianferrel
Mon Mar 03, 2014 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Need help calculating tax withholding
Replies: 2
Views: 380

Need help calculating tax withholding

I'm getting married in two months and my fiancée and I are going to take a long honeymoon. We'll be away from our jobs and not earning any money for several months. That reduction in income for the year and our new married filing status means that we're currently having way too much tax withheld, bu...
by ianferrel
Fri Feb 07, 2014 5:09 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin
Replies: 34
Views: 3542

Re: Bitcoin

Also consider what happens when someone hacks your digital wallet or you forget the password to your wallet... It's lost forever. There is no credit card company or bank to call up and be made whole. There's definitely a risk, but I think most bitcoin bulls would consider that a feature of Bitcoin,...
by ianferrel
Mon Dec 02, 2013 7:37 pm
Forum: Personal Investments
Topic: On the philosophy of a "fun money" investment
Replies: 34
Views: 3343

Re: On the philosophy of a "fun money" investment

Thanks to all who offered their suggestions. To those who point out that "fun money" investing isn't true to boglehead principles: You're right. But we all have some things we do for fun that aren't productive. This is one of mine. I note the warnings about a fun money account being a way for salesm...
by ianferrel
Sun Dec 01, 2013 12:17 pm
Forum: Personal Investments
Topic: On the philosophy of a "fun money" investment
Replies: 34
Views: 3343

Re: On the philosophy of a "fun money" investment

If I had bought 100 Bitcoins for 25 cents on a lark last year, then I would be selling them and putting the funds into indexes. I would see it as hitting the lottery and not wanting to buy more lottery tickets. YMMV This makes a lot of sense. If my risky investment had indeed been a lottery ticket,...
by ianferrel
Sun Dec 01, 2013 11:44 am
Forum: Personal Investments
Topic: On the philosophy of a "fun money" investment
Replies: 34
Views: 3343

On the philosophy of a "fun money" investment

I've seen the suggestions many times that, if you want to have fun "playing the markets", to take a small amount of money and use it as your "fun money" investment fund. It's a small enough amount that it won't meaningfully impact your portfolio, but hopefully it satisfies the emotional urge to try ...
by ianferrel
Tue Aug 13, 2013 11:30 am
Forum: Personal Consumer Issues
Topic: Please check my plan B4 I blow my personal IT budget
Replies: 21
Views: 1881

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

I use a 13" Macbook Air and have for the last 3 years. It is my favorite computer I've ever owned. If I had an unlimited budget to buy a personal computer, I would choose a 13" Macbook Air (although I'd get the brand new one and max out the specs). If you're switching from Windows, expect that thing...
by ianferrel
Mon Jun 10, 2013 6:46 pm
Forum: Personal Consumer Issues
Topic: Lets get rid of car dealerships
Replies: 58
Views: 6307

Re: Lets get rid of car dealerships

Without dealerships, where would all of those vehicle (new/used, cars/trucks) be stored so you could go pick up the vehicle after you bought it online? The vehicles can not be stored at the manufacturers as there are too few manufacturing locations, (1) making it logistically impossible to store so...
by ianferrel
Tue May 07, 2013 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Renting - The Boglehead Way
Replies: 65
Views: 9097

Re: Renting - The Boglehead Way

The real estate company that owns the apartments around here has a policy where it's generally impossible to get the full security deposit back -- they always send in the painters & the crime-scene cleanup van when someone moves out, so that takes up most of the security deposit. Supposedly if you'...
by ianferrel
Mon May 06, 2013 6:44 pm
Forum: Personal Investments
Topic: Anyone wish to share their play money investments?
Replies: 56
Views: 5385

Re: Anyone wish to share their play money investments?

I own one Bitcoin I bought when it was $12/BTC. As of today, it's increased 10x in less than a year, outperforming every other investment I own, though it's, uh, fairly volatile. I fully expect it to be worthless in the near future. Or worth hundreds of thousands. Could go either way. But probably t...
by ianferrel
Mon Jan 28, 2013 1:36 pm
Forum: Personal Consumer Issues
Topic: Windows laptop w/high quality, Mac-level touchpad
Replies: 12
Views: 1792

Re: Windows laptop w/high quality, Mac-level touchpad

Do you have access to a Mac laptop that you can try running Windows on (as an actual install that you boot, not in a virtual machine)? The reason I ask is that my understanding is that part of the awesomeness of the Mac trackpads is actually in MacOS itself. Not in the hardware, and not in the drive...
by ianferrel
Tue Dec 11, 2012 7:55 pm
Forum: Investing - Theory, News & General
Topic: You Are Naturally Short Housing
Replies: 28
Views: 2711

Re: You Are Naturally Short Housing

So buying a house—almost any house—still puts you long in housing. It covers your short and then some. I'm not sure that I'd say buying any house puts you long in housing. Something like 22% of homeowners are underwater on their mortgage; doesn't mean they are even shorter than if they hadn't bough...
by ianferrel
Tue Dec 11, 2012 12:37 pm
Forum: Investing - Theory, News & General
Topic: You Are Naturally Short Housing
Replies: 28
Views: 2711

Re: You Are Naturally Short Housing

I agree the article was an interesting prompt to examine the issue from a fresh perspective. However, the natural amount you are short housing is quite low. It should correspond only to the bare minimum housing required for shelter. In college, I shared a 200 sq ft room with another person and a tin...
by ianferrel
Wed Sep 26, 2012 1:29 pm
Forum: Personal Investments
Topic: Timing I-Bond Purchase
Replies: 36
Views: 4128

Re: Timing I-Bond Purchase

I have a (probably stupid) question about I Bonds, having never bought them before. A bond can be any size in increments of $25, but you have to break the whole thing at once, right? So it would make sense to buy a bunch of, say, $1K bonds if I thought I might want to break them in $1K increments? W...
by ianferrel
Wed Sep 26, 2012 1:18 pm
Forum: Investing - Theory, News & General
Topic: "3 Good Money Habits Going Obsolete--"
Replies: 28
Views: 4897

Re: "3 Good Money Habits Going Obsolete . ."

I think #1 and #2 have more to do with the addition of fees than they do with interest rates. Unless you have a really solid accounting system, rule #1 is dangerous. Waiting until close to the due date increases the risk that you'll miss a payment. There are all sorts of distractions that could get ...
by ianferrel
Mon Jul 30, 2012 7:09 pm
Forum: Personal Consumer Issues
Topic: What's the biggest of amount of cash you have ever found?
Replies: 65
Views: 7562

Re: What's the biggest of amount of cash you have ever found

I've found $5-20 bills a few times. I did once misplace $1200 of my own money for several months. I sold my boat on craigslist and put the envelope of money in my desk until I was able to take it to the bank. A week later, I went to do that, and the money was gone. I thought for a long time it had b...
by ianferrel
Sun Jun 17, 2012 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Hit a milestone -- Age 30
Replies: 7
Views: 2365

Re: Hit a milestone -- Age 30

- Net Worth: All financial assets (and margin etc), about 50:50 Taxable / Tax advantaged. Currently about 6x my salary after about 6+ years of investing. I'm curious how you managed that. My net worth is not quite 3x my salary after about 7 years of investing, and I'm saving over 50% of my salary. ...
by ianferrel
Wed Jun 13, 2012 1:07 pm
Forum: Personal Consumer Issues
Topic: The need to pay for online data backups?
Replies: 41
Views: 3538

Re: The need to pay for online data backups?

If you're not paying for a service, you're not the customer; you're the product. That's not to say that you should never use a free service. Just that you should realize what you're getting, and what you're giving up. Facebook and Gmail will gladly store your personal information for you and use it ...
by ianferrel
Thu May 31, 2012 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard.com - why no "rebalance" button?
Replies: 63
Views: 4638

Re: Vanguard.com - why no "rebalance" button?

Realistically, this is a 3 or 4 week project max assuming two full-time developers. That includes solving all the multiple-account, tax-efficiency, etc issues raised in this thread. There really isn't any complexity here. Unless you've seen the Vanguard codebase, any estimate you make for the work ...
by ianferrel
Tue May 22, 2012 7:42 pm
Forum: Personal Investments
Topic: Emergency fund never feels large enough
Replies: 33
Views: 4768

Re: Emergency fund never feels large enough

This problem may sort of go away on its own. It did for me. I'm 30. I could have written exactly the same post five years ago. I also felt like I couldn't have enough of an emergency fund. I built mine out to more than two years expenses at its biggest, and considered more. Now, five years later, it...
by ianferrel
Tue May 15, 2012 12:47 pm
Forum: Investing - Theory, News & General
Topic: Retirement Calculators - Harmful or Not?
Replies: 30
Views: 2843

Re: Retirement Calculators - Harmful or Not?

A number of them use ones age as a barometer of readiness, yet as we know, many do not start their careers until their late 20's, mid 30's or even early 40's due to schooling and training. The calculators are all different, the end results are different, which is the right one to use, if any? Somet...
by ianferrel
Fri May 04, 2012 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: reward credit cards a little oversold in this forum
Replies: 70
Views: 5378

Re: reward credit cards a little oversold in this forum

I'm curious how the 15% overage is calculated. If it's "people with credit cards" vs "people without", I'd guess that people with credit cards tend to have more money as well, since if you're totally broke or, say, undocumented, it's harder to get a credit card. If it's the same population, both whe...
by ianferrel
Fri May 04, 2012 5:30 pm
Forum: Investing - Theory, News & General
Topic: Never hold a losing fund over a year in a taxable account?
Replies: 9
Views: 1361

Re: Never hold a losing fund over a year in a taxable accoun

Isn't this an argument against the simple, 3-fund type of portfolio? Suppose instead of an SP500 fund I just owned 250 of the companies directly, and as any dropped significantly I'd sell it and buy out of the pool of remaining ones (randomly). Couldn't I deduct not only $3k of my salary but also a...
by ianferrel
Wed Apr 18, 2012 6:21 pm
Forum: Personal Investments
Topic: I Bond vs. paying off mortgage
Replies: 7
Views: 1027

Re: I Bond vs. paying off mortgage

Is the fixed rate (0%) credited at a different time than the inflation component?
Would it make a difference? :D
by ianferrel
Tue Feb 28, 2012 8:51 pm
Forum: Personal Investments
Topic: Renting my current home
Replies: 31
Views: 2589

Re: Renting my current home

- consider taking on a lodger/ roomate. A real pain, I grant you, but a student or young professional could generate you significant revenue (be very careful about tax and local ordinances in this. Even if it is illegal in your area, you might do it, but then if you don't report the income for tax,...
by ianferrel
Mon Feb 13, 2012 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Condos Encore - what should I do?
Replies: 21
Views: 2217

Re: Condos Encore - what should I do?

I have attempted to re-negotiate to no avail unless I prepay for a year or two. I am paying premium for living in this building (2 br/2ba duplexes rent for about same) and there are some units vacant, which doesn't help with negotiations. Could you explain this more? Shouldn't vacant units help you...
by ianferrel
Thu Jan 19, 2012 7:14 pm
Forum: Personal Consumer Issues
Topic: Mac Gurus: Mac Air with Thunderbolt Display vs. iMac?
Replies: 10
Views: 1406

Re: Mac Gurus: Mac Air with Thunderbolt Display vs. iMac?

The difference between an SSD and a hard drive is going to feel much faster for most common uses than any reasonable bump in other components. The fact that the OP isn't asking a very specific question implies that he's not doing, say, serious video processing or something else that would be process...
by ianferrel
Fri Jan 13, 2012 4:10 pm
Forum: Investing - Theory, News & General
Topic: Net Worth by Age [and plot]
Replies: 152
Views: 12157

Re: Net Worth by Age [and plot]

This is mildly depressing. I know I'm in the 85+th percentile for net worth over the entire US, but I'm below average even for my age here. And in the bottom decile or so overall.

Just goes to show that the members of this board are incredibly self-selective (or full of shit :D)
by ianferrel
Fri Jan 13, 2012 3:48 pm
Forum: Personal Investments
Topic: When do you invest in your Roth?
Replies: 87
Views: 7243

Re: When do you invest in your Roth?

Usually right at the start of the year. However, my Roth is entirely in bonds for the tax advantages of holding bonds in IRAs, and I'm currently slightly over my desired AA in bonds, so I'm going to contribute to a taxable account first this year to get my AA where I want it, then to the IRA later. ...
by ianferrel
Tue Nov 29, 2011 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of my taxes may be considered "charity"?
Replies: 25
Views: 2168

Re: What percentage of my taxes may be considered "charity"?

I think the people pointing out that taxes are mandatory and charity is optional are missing the point. Yes, that's true, but it's not what the OP is interested in. The question might better be asked as: "What fraction of government spending goes towards programs that attempt a goal that used to be ...
by ianferrel
Thu Sep 22, 2011 2:11 pm
Forum: Investing - Theory, News & General
Topic: Ways to Guarantee an Investment Loss while being Neutral?
Replies: 11
Views: 1534

Already resolved with Donkey Hote's excellent response, but I wanted to point out that you're not alone in your pursuits. I asked the same question a little while ago. Some of the answers in that thread might interest you: http://www.bogleheads.org/forum/viewtop ... highlight=
by ianferrel
Fri Sep 09, 2011 11:54 pm
Forum: Personal Consumer Issues
Topic: Stephen King Novels
Replies: 27
Views: 2745

Stephen King wrote a book about his personal history and how it shaped his perspective as an author, and with suggestions on how to write.

It's called On Writing. It's quite good if you like King.
by ianferrel
Tue Aug 09, 2011 7:11 pm
Forum: Personal Investments
Topic: Why you have "age-in-bonds"
Replies: 37
Views: 5337

I do age-10. It gives me a target to rebalance to, and it makes sense to me to gradually shift my allocation toward bonds as I age.
by ianferrel
Thu Jul 28, 2011 1:58 pm
Forum: Personal Consumer Issues
Topic: Can I build my own PC?
Replies: 47
Views: 4878

Building computers is easy... as long as everything works. Most motherboards and chips come with a nice big Getting Started poster that walks you through plugging things in and early bringup. Plugging in a DVD drive and booting off a Windows installation disk is pretty simple, too, and it will walk ...
by ianferrel
Sat Jun 04, 2011 12:30 am
Forum: Personal Consumer Issues
Topic: Talk about buyer's remorse...
Replies: 16
Views: 3581

Morgan wrote:I don't think removal of a kidney changes your life expectancy.
Well, it does at least a little bit. Most diseases that attack kidneys are going to hit them both, but if you take some blunt trauma to one side of your body, that might wreck just one kidney.
by ianferrel
Mon May 30, 2011 11:11 pm
Forum: Investing - Theory, News & General
Topic: Deleted
Replies: 29
Views: 3647

Re: "in your 20s or 30s" comment

I"early retirement" - 70-85 Screw that noise. Yeah, I would consider 55-65 standard early retirement if I had to put an age range in it. 85 early retirement? I might not even live that long. I think the problem is that "early retirement" is a confusing term in this context. We generally use it arou...
by ianferrel
Tue Apr 12, 2011 8:12 pm
Forum: Investing - Theory, News & General
Topic: McArdle on Roth IRAs
Replies: 17
Views: 2166

I read McArdle's stuff quite regularly, and while I don't necessarily agree with her on everything, I think she often makes strong arguments. I think the most important point to take away from this is to diversify, and to consider the type of account as part of the asset class. The vast majority of ...
by ianferrel
Fri Mar 04, 2011 5:27 pm
Forum: Personal Consumer Issues
Topic: check out checks at sam's , best buy etc.
Replies: 74
Views: 7939

The way I see it is that if you don't like a store's policy, don't shop there. Doesn't that cut both ways, though? I have a policy of ignoring demands that I prove I own things I just bought. If the store doesn't like that policy, they could ask me not to shop there (or ask me to agree to the recei...