Search found 2792 matches

by neurosphere
Sun May 20, 2012 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Survey, Mutual fund versus ETF usage
Replies: 26
Views: 1691

Re: Survey, Mutual fund versus ETF usage

Quick question about buying mutual fund shares in a taxable account. In general, I have always bought even dollar amounts in my mutual funds accounts. But in the future, should I be buying even SHARE amounts in taxable accounts? For the purposes of keeping up with gains and losses at tax time, I ass...
by neurosphere
Sat May 19, 2012 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

Hmm... in hindsight that probably really didn't tell you anything you did not already know but hey, I'm kind of rusty right now post-wise :x. No, you helped find info which confirmed that EE bonds could indeed have a rate reset "prior" to the beginning of the maturity period, which they are definin...
by neurosphere
Sat May 19, 2012 1:54 pm
Forum: Investing - Theory, News & General
Topic: "Index funds buy high and sell low"
Replies: 31
Views: 5726

Re: "Index funds buy high and sell low"

Tell me how much it's costing and tell me what the alternative is and what it costs. Nisi, the answer is obvious. Rather than paying low expenses only to have an index fund buy high and sell low, you should pay MORE in fees to an active manager who will ALSO likely buy high and sell low most of the...
by neurosphere
Sat May 19, 2012 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Ability to buy Vanguard CD's online
Replies: 4
Views: 666

Re: Ability to buy Vanguard CD's online

Phone calls to get a simple payout at maturity instead of their auto-renew I get very annoyed with this too. All of my on-line bank CDs require a phone call to prevent an automatic renewal. During that phone call, they try to get you to renew the bond, then they offer a slightly higher rate than is...
by neurosphere
Sat May 19, 2012 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

Neurosphere, I called Treasury with this exact question, and they said they did not know what the rate would be in years 21-30. It could potentially be higher than the current fixed rate of 0.6%. In essence, savings bonds are TWENTY YEAR bonds, in the sense that the terms are known for 20 years. Af...
by neurosphere
Sat May 19, 2012 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

does anybody know what happens in years 21-30? What will the rate be? I am assuming from the wording below that at year 20 there is a one time adjustment which doubles the original purchase amount, but then you continue to earn whatever the prevailing rate is at the time until year 30. That is, for ...
by neurosphere
Sat May 19, 2012 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need auto insurance if you don't have a car?
Replies: 8
Views: 1549

Re: Do you need auto insurance if you don't have a car?

I don't own a car and have non-owner's policy from geico which I am very happy with. I bought it so that I can have my own liability insurance for auto for the few times a year when I borrow a car, or rent a car. On the rare chance I do damage to the vehicle, or heaven forbid injure someone, I want ...
by neurosphere
Sat May 19, 2012 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

Here's how I'm conceptualizing EEs for my situation, summarizing most of the issues which others have raised (and I have basically already written as well). I'm going to buy some EE-bonds with money in my cash/e-fund, realizing that I can't cash them in for a year, but I have older savings bonds I c...
by neurosphere
Fri May 18, 2012 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is Roth the better choice if I expect my wife to keep workin
Replies: 4
Views: 549

Re: Is Roth the better choice if I expect my wife to keep wo

There are a lot of variables involved to answering this question of Roth vs deductible contributions. But you are young and and have many years to learn more about the roth vs traditional question, and about investing in general. Based only on the information you have given (which is meager for answ...
by neurosphere
Fri May 18, 2012 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

Glad to see other folks coming around to my way of thinking. I'll take all the free lunches I can. :moneybag Let's not talk these up to much, the folks over at the Treasury might start to tinker with the rate or extend the 20 year doubling maturity date out. Actually, I have a feeling that may happ...
by neurosphere
Thu May 17, 2012 10:14 pm
Forum: Personal Consumer Issues
Topic: AMEX Premium car rental insurance. Worth getting?
Replies: 40
Views: 14570

Re: AMEX Premium car rental insurance. Worth getting?

I'm much more worried about a major hassle with a Costa Rican car rental company who found a scratch on the wheel and a dent in the bumper when my international flight is 3 hours away as they are liable to do in Latin America. I've rented cars in Guatemala, Costa Rica, Honduras, Brasil, Uruguay, Ar...
by neurosphere
Thu May 17, 2012 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Does it matter which spouse with-holds state income taxes?
Replies: 6
Views: 1074

Re: Does it matter which spouse with-holds state income taxe

I don't think it matters as long as you file jointly, and are not doing this to evade paying your taxes on time. For many years, my wife reported 9 exemptions on her W4 so that no taxes were withheld from her paycheck, while I had my entire paycheck withheld by claiming zero exemptions and an extra ...
by neurosphere
Thu May 17, 2012 6:47 am
Forum: Personal Consumer Issues
Topic: Travel in Europe During Economic Crisis
Replies: 23
Views: 1970

Re: Travel in Europe During Economic Crisis

Now I'm getting a little worried. I will be in Spain for one week, just after the new elections in greece. From there I leave directly for greece. I think having extra paper dollars and physical euros is starting to sound more and more like a good idea. At least to the extent that I would not be sig...
by neurosphere
Tue May 15, 2012 2:12 pm
Forum: Investing - Theory, News & General
Topic: Ex Boglehead recommends Deep Value Investing ???
Replies: 26
Views: 2422

Re: Ex Boglhead recommends Deep Value Investing ???

Of course, a couple of very vocal inhabitants of this forum believe that the historical outperformance is either illusory or irrelevant (i.e., no longer exploitable). They will probably be along shortly. Hey Alex, can you provide a brief summary of the arguments for and against the value outperform...
by neurosphere
Tue May 15, 2012 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

While I'm asking related questions ... any idea what the rate will be starting May 1st?... Right now we're looking at 2% yields on 10-year treasuries. Last November 1st was 2.01% - so probably no significant change? Yep, as you know by now, it stayed at 0.6% for EE bonds. No change. I'm still think...
by neurosphere
Tue May 15, 2012 7:48 am
Forum: Personal Consumer Issues
Topic: Travel in Europe During Economic Crisis
Replies: 23
Views: 1970

Re: Travel in Europe During Economic Crisis

I will be in Greece this summer for several weeks. I am concerned about the same thing. Strikes are the most likely "minor" outcome, although a disruption in air travel which delays my return to come home will cause substantial havoc with my job. I am worried about other intangible consequences of t...
by neurosphere
Tue May 15, 2012 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401k and Backdoor Roth?
Replies: 7
Views: 863

Re: Roth 401k and Backdoor Roth?

Contributions to a 401k, whether Roth 401k or not, do not affect your eligibility making non-deductible IRA contributions nor for Roth conversions. These are the two necessary elements needed for the backdoor Roth. Thus, you can still do a backdoor Roth regardless of how you allocate money to your e...
by neurosphere
Mon May 14, 2012 7:19 am
Forum: Investing - Theory, News & General
Topic: William Bernstein Sample Portfolios
Replies: 10
Views: 3855

Re: William Bernstein Sample Portfolios

Here's Sam's updated portfolio from "Investor's Manifesto" (2010). He dropped precious metals and used TIPS fund this time. But Bernstein has made recent remarks about disliking TIPS funds. The stock mix is: 10% vanguard large cap index 12% vanguard value index 3% vanguard small cap index 8% vangua...
by neurosphere
Sun May 13, 2012 4:34 pm
Forum: Investing - Theory, News & General
Topic: William Bernstein Sample Portfolios
Replies: 10
Views: 3855

Re: William Bernstein Sample Portfolios

But the 40% TIPS are meant to be individual bonds for Sam. Bernstein has never liked TIPS funds. Hmm. I think when starting out I bought the TIPS funds as a proxy for TIPS. I just don't think there was any way I was going to decide how/when to buy individual TIPS. Which duration? Buy them where? Ho...
by neurosphere
Sun May 13, 2012 11:55 am
Forum: Investing - Theory, News & General
Topic: William Bernstein Sample Portfolios
Replies: 10
Views: 3855

Re: William Bernstein Sample Portfolios

VictoriaF wrote:FWIW, you can ask Bill himself at the Bogleheads convention -- unless you are saving money for a watch.

Victoria
I SO wish I could come. Thanks for rubbing it in.

But a day at the convention will only last a day, while my $6000 watch I will have for a lifetime. :wink:
by neurosphere
Sun May 13, 2012 11:53 am
Forum: Investing - Theory, News & General
Topic: William Bernstein Sample Portfolios
Replies: 10
Views: 3855

Re: William Bernstein Sample Portfolios

I didn't go verify in the book, but from Google http://geocities.ws/finplan825/portWBshelteredSam.html Thanks for that, I didn't think to google "sheltered sam". :oops: Assuming that the link is indeed the correct allocation, it seems I have answered my question. That is, the idea for TIPS did inde...
by neurosphere
Sun May 13, 2012 11:10 am
Forum: Investing - Theory, News & General
Topic: William Bernstein Sample Portfolios
Replies: 10
Views: 3855

William Bernstein Sample Portfolios

10 or so years ago I was read The Intelligent Asset Allocator and The Four Pillars. I finally decided to sell my individual stocks which were a holdover from the "but everyone is day trading now" days of the late 90s, and go to an all vanguard, mostly index portfolio. I have been very happy with tha...
by neurosphere
Fri May 11, 2012 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security earnings history now available online
Replies: 97
Views: 9565

Re: Social Security earnings history now available online

Anyway, I do have a simple question. I noticed that my income looks incorrect for 2011. Is the SS income supposed to be your total gross income, or does it take any deductions into account (contributions to 401k, flex spending accounts, etc.)? I believe your SS income is reduced by both flexible sp...
by neurosphere
Mon May 07, 2012 10:49 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting: Quantifying the Benefits
Replies: 42
Views: 3189

Re: Tax Loss Harvesting: Quantifying the Benefits

Losses in IRA will reduce taxes to the extent the value of your IRA is smaller when you take distributions. For example, your RMDs will be smaller, and the total amount withdrawn will be smaller. Oh, right, thanks. Duh. I knew that! :oops: But it's not then only losses themselves which reduce taxes...
by neurosphere
Mon May 07, 2012 10:34 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting: Quantifying the Benefits
Replies: 42
Views: 3189

Re: Tax Loss Harvesting: Quantifying the Benefits

livesoft wrote: Losses in a traditional IRA do reduces your taxes.
I was under the impression that it was quite difficult to benefit from losses in a traditional IRA: http://www.investopedia.com/articles/re ... z1uFHpBUSc

NS
by neurosphere
Mon May 07, 2012 5:56 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting: Quantifying the Benefits
Replies: 42
Views: 3189

Re: Tax Loss Harvesting: Quantifying the Benefits

I have hopefully a simple question, whose answer I have hopefully not overlooked. Would anyone ever advocate to put money in taxable accounts rather than a ROTH, because of the possible benefits of TLH? Let me ask another related question. For some, the question of whether to make a Roth vs. deducti...
by neurosphere
Mon May 07, 2012 5:31 pm
Forum: Forum Issues and Administration
Topic: Anyone else getting this message from BH site?
Replies: 38
Views: 2975

Re: Anyone else getting this message from BH site?

I got this message for the first time ever (a few hours ago) immediately after enabling ad-block.

I also log in generally by using LastPass.

But Ad block may have been a coincidence.

NS
by neurosphere
Mon May 07, 2012 5:23 pm
Forum: Investing - Theory, News & General
Topic: Buffett: "I would totally avoid buying [bonds]."
Replies: 40
Views: 5752

Re: Buffett: "I would totally avoid buying [bonds]."

Hypothetically speaking, what if I am a 30 something person in my accumulation phase, and plan to DCA into bonds as part of my overall asset allocation over the next 35 years? Should I also avoid longer maturity bonds? All this talk of "don't buy bonds now" confuses me. With a long time horizon and ...
by neurosphere
Sat May 05, 2012 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security earnings history now available online
Replies: 97
Views: 9565

Re: Social Security earnings history now available online

Thx for the link but..... Enter a Username. The username must be 8 to 20 letters and/or numbers. The username cannot be your Social Security Number The username cannot be your name User name is available. 8 to 20 letters and/or numbers - cannot be your Social Security Number (SSN) - cannot be your ...
by neurosphere
Fri May 04, 2012 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Offering cash for renovations when selling house
Replies: 9
Views: 1059

Re: Offering cash for renovations when selling house

As long as this was clearly laid out in the contract and closing documents, and the bank approves this, it is not crazy at all. The hitch come in with the mortgaging bank. They can view the cash payment as a way of getting around any equity requirement. I.e. suppose a home is worth $500,000 and the ...
by neurosphere
Fri May 04, 2012 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

Fidelity allowed rollovers from IRAs . I can't see why they wouldn't allow rollovers from 403b. It's good to get the correct payable-to name and procedures. thanks tfb. It seems fidelity will be the way to go. I wonder what kind of rules there are for declaring my spouse as an "employee" of the sol...
by neurosphere
Fri May 04, 2012 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

I just spoke to Vanguard yesterday and they told me their solo K allows incoming rollovers from other 401(k) plans but not IRA's. This is what Vanguard wrote to me via email regarding rollovers into their individual 401k (cut and paste from their email): ************************** 1. The Individual...
by neurosphere
Thu May 03, 2012 6:29 am
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

OP, very nice opportunity to write some articles and add publications to your CV. As to fees, you actually can open a self employed 401K at Vanguard or fidelity with no fees. It sounds based on your SS statement that your income without this extra consulting is a little over 100K. Between us, I wou...
by neurosphere
Thu May 03, 2012 6:15 am
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

Looking at Vanguard's solo 401k adoption agreement if seems that they 1) allow rollovers and 2) may allow non-deductible contributions? It's next to impossible to interpret a generic basic plan document overridden by amendments and the adoption agreement. Maybe the whole thing is preempted by secti...
by neurosphere
Wed May 02, 2012 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

Looking at Vanguard's solo 401k adoption agreement if seems that they 1) allow rollovers and 2) may allow non-deductible contributions? From the agreement: 1) Unless otherwise indicated in the Adoption Agreement, an Employee may make Indirect Rollover and/or Direct Rollover contributions to the Plan...
by neurosphere
Wed May 02, 2012 11:45 am
Forum: Investing - Theory, News & General
Topic: What safe return would you take to forego stocks?
Replies: 29
Views: 2133

Re: What safe return would you take to forego stocks?

Assuming no catastrophes in life for my wife and me which disability insurance won't cover, we will meet our retirement goals with 2% real over the next 30 years with our current income and spending. I would easily trade half my portfolio in stocks for 2% real, guaranteed. If nominal, hmmm, that's a...
by neurosphere
Tue May 01, 2012 10:57 am
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

$1K in income is not going to generate a lot of federal or state taxes. You will still have to pay the SE tax on the income whether or not you save it tax deferred. If you want to save it, then do you have a Roth IRA? My wife and are currently maxing out our 401k. This year I also made a $5000 ROTH...
by neurosphere
Tue May 01, 2012 10:52 am
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

If you ever have a need for a Backdoor Roth, this is the opportunity to create a sanctuary for your pre-tax IRAs in a solo 401k. I agree contributing the $200 or so itself isn't that interesting, but setting up a structure can be very useful. Oh! This is exactly why I come here to ask questions! I ...
by neurosphere
Tue May 01, 2012 10:34 am
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

Re: $1000 freelance income: How to benefit?

What eligibility restrictions? If you have self-emplloyment income you are eligible. Do you have room in your employee deferral (17K) at a work 401k? If so you can contribute the entire amount to a solo 401k. By eligibility I meant that the SIMPLE plan, for example, requires income of at least $500...
by neurosphere
Tue May 01, 2012 8:32 am
Forum: Personal Finance (Not Investing)
Topic: $1000 freelance income: How to benefit?
Replies: 18
Views: 1774

$1000 freelance income: How to benefit?

I have the opportunity to earn $900-$1200 this year in writing some medical review articles. I would likely file a schedule C-EZ and report as business income. I will not have any expenses I can deduct. I will make just over the wage base for social security taxes, so will owe only the medicare port...
by neurosphere
Mon Apr 30, 2012 10:06 pm
Forum: Investing - Theory, News & General
Topic: Citigroup Sandy Weill Books
Replies: 6
Views: 908

Re: Citigroup Sandy Weill Books

I work at an institution to which Sandy Weill has contributed many millions of dollars. It seems he must have donated cases and cases of his book, the Real Deal, as there are copies EVERYWHERE, including a cases of books in random maintenance closets and under unused desks. The books have made great...
by neurosphere
Mon Apr 30, 2012 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on groceries?
Replies: 134
Views: 15233

Re: How much do you spend on groceries?

Hmmm, I scanned all of the entries, and I THINK I have the record. Married, no children. Average for month on groceries: $650 (includes occasional items like garbage bags, laundry detergent, etc). For restaurants (delivery or eating out): $750. Our largest expense by far, after rent, is food. We liv...
by neurosphere
Thu Apr 26, 2012 7:46 am
Forum: Investing - Theory, News & General
Topic: [Poll] My philosophy on SPIAs
Replies: 65
Views: 4403

Re: [Poll] My philosophy on SPIAs

There have been a lot of posts recently on SPIAs. I'm 40, and just now entering my main earning years. With no children, and no desire to leave anything behind, products like SPIAs are something I would seriously need to consider. There has been a lot of talk of WHEN is the best time to purchase one...
by neurosphere
Tue Apr 24, 2012 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Revisiting Series EE Bonds, Short on Tax-Advantaged Space
Replies: 57
Views: 7216

Re: Revisiting Series EE Bonds, Short on Tax-Advantaged Spac

Low demand for liquidity: check. Already maxing tax-advantaged space AND I Bonds: check. In a lot of ways, munis are also a good fit for these criteria, but as mentioned, I'm already quite loaded-up on that front and am trying to suss out if I can diversify away from it a bit. Noob, I've been think...
by neurosphere
Tue Apr 17, 2012 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I ignore the TIAA-CREF options in my 401k?
Replies: 12
Views: 1463

Re: Can I ignore the TIAA-CREF options in my 401k?

Very interesting responses, thanks everyone. I would never have realized that the real estate fund is essentially a different "asset class" than REITS. And I've been partially swayed with the "pro" arguments about the Traditional Fund. So I'll be doing a lot more reading to learn what more I can and...
by neurosphere
Tue Apr 17, 2012 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance Advice for Physician
Replies: 32
Views: 2602

Re: Disability Insurance Advice for Physician

The choice of elimination period is usually an easy one. The price difference between 60 days and 90 days is huge. The price difference between 90 days and 180 days is small. Therefore, 90 days is almost always the answer. I am a physician and I have a guardian policy. I chose a 180 day elimination...
by neurosphere
Tue Apr 17, 2012 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Can I ignore the TIAA-CREF options in my 401k?
Replies: 12
Views: 1463

Can I ignore the TIAA-CREF options in my 401k?

Hi all! I have a 403b which allows investments with either Vanguard or TIAA-CREF. I have been investing with Vanguard for 10+ years, and am familiar and comfortable with their funds. The Vanguard options in the 403b are sufficient for my needs. However, we can also invest with TIAA-CREF (TC). In add...
by neurosphere
Fri Apr 13, 2012 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Maximize your Social Security: Wealthtrack
Replies: 33
Views: 3953

Re: Maximize your Social Security: Wealthtrack

Your Average Indexed Monthly Earnings would be reduced from the maximum by 1/2 * 10/35 = 1/7th or 14.3%. The reduction in the PIA would be the difference between the max PIA and the PIA using the reduced AIME. Using 2012 numbers it's $2606 vs $2409, so a reduction of about 7.6%. If one can express ...
by neurosphere
Fri Apr 13, 2012 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA Contribution Complication
Replies: 6
Views: 723

Re: Roth IRA Contribution Complication

My wife and I had the same problem initially (10 years ago). Over time, this has worked itself out. For every asset class we have in taxable, we also own it in tax-advantaged accounts. This allows for rebalancing with no tax consequences (our taxable investments are smaller than our tax-advantaged o...
by neurosphere
Fri Apr 13, 2012 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Maximize your Social Security: Wealthtrack
Replies: 33
Views: 3953

Re: Maximize your Social Security: Wealthtrack

I have a question regarding "maximizing" social security, well perhaps with regards to the "maxiMUM" social security benefits. Is there any way to calculate/estimate the amount of earnings one would need to get the "maximum" payout? I'm trying to figure out, in a very rough way, if I'll have any cha...