Search found 7539 matches

by tadamsmar
Mon Nov 06, 2017 7:56 am
Forum: Personal Consumer Issues
Topic: dishwasher recommendations
Replies: 54
Views: 3646

Re: dishwasher recommendations

There are dishwashers that have a 1 hour cycle option. We have a Kitchen Aide with that feature. The cycle uses more water and heats the water hotter. It's the least water and energy efficient wash cycle. If the dishwasher is less than a few years old it sounds like a quick wash feature which may r...
by tadamsmar
Sun Nov 05, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: dishwasher recommendations
Replies: 54
Views: 3646

Re: dishwasher recommendations

There are dishwashers that have a 1 hour cycle option. We have a Kitchen Aide with that feature.

The cycle uses more water and heats the water hotter. It's the least water and energy efficient wash cycle.
by tadamsmar
Fri Nov 03, 2017 9:56 pm
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

I struck me that this may be a good general principle. If you have a choice, then it is always preferable to convert a tax-deferred dollar to Roth, rather than put a current income dollar into a Roth. These aren't the same dollars. Suppose you have $1000 in spare cash, and are in a 25% tax bracket....
by tadamsmar
Fri Nov 03, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

So take note of where the savings is really coming from - it is coming from having less exposure to the market when it declined. If that is what you want to protect against you can keep the $25 aside for the year and contribute it to the Roth at the end of the year instead of the beginning - in tha...
by tadamsmar
Fri Nov 03, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

But the deadline to recharacterize and the deadline for paying the taxes is the same date. The deadline to recharacterize and the deadline for filing the taxes (assuming you file for an extension) is the same date in mid October. The deadline for paying the taxes without interest or penalty is 6 mo...
by tadamsmar
Fri Nov 03, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

But the deadline to recharacterize and the deadline for paying the taxes is the same date. The deadline to recharacterize and the deadline for filing the taxes (assuming you file for an extension) is the same date in mid October. The deadline for paying the taxes without interest or penalty is 6 mo...
by tadamsmar
Fri Nov 03, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

The tax on the conversion may reduce or eliminate the money available for any contribution. I don't quite understand your point. We are talking about a dollar going into a Roth. No, you are talking about moving a dollar from one savings vehicle to another within your existing portfolio at a cost of...
by tadamsmar
Fri Nov 03, 2017 12:26 pm
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

In what way is this an either/or situation? A conversion is moving around existing savings, a contribution is new savings. Conversions don't preclude contributions and vice versa. The tax on the conversion may reduce or eliminate the money available for any contribution. I don't quite understand yo...
by tadamsmar
Fri Nov 03, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Re: Is Roth Conversion always better than using current income?

In what way is this an either/or situation? A conversion is moving around existing savings, a contribution is new savings. Conversions don't preclude contributions and vice versa. The tax on the conversion may reduce or eliminate the money available for any contribution. I don't quite understand yo...
by tadamsmar
Fri Nov 03, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: What so scary about TSP loans?
Replies: 23
Views: 2036

Re: What so scary about TSP loans?

I think the best course would be to get one of those improperly documented loans from your in-laws and then never pay them back. :twisted:
by tadamsmar
Fri Nov 03, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

There are at least two ways to do "agent". One of them gives you almost complete control of the account including moving funds out of it.Change beneficiary? I think extensive signature forms,permissions to be filled in by both the account owner and the "agent", and probably a medallion signature ar...
by tadamsmar
Fri Nov 03, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: What so scary about TSP loans?
Replies: 23
Views: 2036

Re: What so scary about TSP loans?

LTLurkerFTPoster... I'm buying a new house. Depending on some possible concessions and whether I go for negative points, I'm likely going to be about 10-20K short of 20% down. I have a couple options. I could get a gift from folks or inlaws. I could withdraw contributions from Roth. I could get an ...
by tadamsmar
Fri Nov 03, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Broken Man - once the funds are restored I'll be helping him transfer the account to Vanguard. I'd strongly consider transferring the account to someone with a physical branch near your father and you. Vanguard can be very difficult to deal with for an elder and things like powers of attorney. Help...
by tadamsmar
Fri Nov 03, 2017 8:44 am
Forum: Investing - Theory, News & General
Topic: Is Roth Conversion always better than using current income?
Replies: 22
Views: 1928

Is Roth Conversion always better than using current income?

I struck me that this may be a good general principle. If you have a choice, then it is always preferable to convert a tax-deferred dollar to Roth, rather than put a current income dollar into a Roth. Preferable because you have the flexibility to reversing a conversion before the deadline. Am I wro...
by tadamsmar
Fri Nov 03, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Self-employment, using IRAs
Replies: 4
Views: 307

Re: Self-employment, using IRAs

Do you file jointly? What is your marginal tax rate? Generally, I would suggest Roth on the IRA side, Traditional on the 401k side. Wait until retired to pull from and/or convert the deferred funds. Wait until 70 to claim SS. Depending on when you retire, pull as much as you can from the deferred a...
by tadamsmar
Fri Nov 03, 2017 7:55 am
Forum: Investing - Help with Personal Investments
Topic: Self-employment, using IRAs
Replies: 4
Views: 307

Re: Self-employment, using IRAs

Do you file jointly? What is your marginal tax rate? Generally, I would suggest Roth on the IRA side, Traditional on the 401k side. Wait until retired to pull from and/or convert the deferred funds. Wait until 70 to claim SS. Depending on when you retire, pull as much as you can from the deferred a...
by tadamsmar
Fri Nov 03, 2017 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Self-employment, using IRAs
Replies: 4
Views: 307

Self-employment, using IRAs

My wife (over 55) is a self-employed consultant. She has a Vanguard Individual 401k, but it does not support Roth conversions and if she makes a Roth contribution to it, then that is not reversible (as far as I know). Looks like she can make a $6,5000 contribution to a traditional IRA. Then that cou...
by tadamsmar
Wed Nov 01, 2017 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Sounds like a happy ending.
by tadamsmar
Wed Nov 01, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Advice from a law firm to investment firms: Boards should consider with counsel whether their funds’ current prospectuses and other disclosure documents appropriately disclose any possible risks to shareholders with respect to cyberlosses. https://www.perkinscoie.com/images/content/1/1/v2/114956/Inv...
by tadamsmar
Wed Nov 01, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

FINRA is the industry's non-government regulatory organization. They recommend that you ask your brokerage firm:
Will you reimburse me if my assets are compromised by a cyber-attack?
http://www.finra.org/investors/alerts/c ... erage-firm
by tadamsmar
Wed Nov 01, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

2015 SEC Study: The Securities and Exchange Commission released details Tuesday from a study of cybersecurity practices at more than 100 broker-dealers and registered investment advisers. Just 15% of broker-dealers and 9% of advisers offer security guarantees to clients that would make them whole af...
by tadamsmar
Tue Oct 31, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 9904

Re: My 401k is almost all cash now. 1/2 Mil

My strategy was, once market drops 20% I will start buying again. It worked in 2008. I moved 100% in sp500. Kept on selling till 2016 Feb. Now I am just waiting. I may start DCA into SPY a little bit and hope for a crash in next few years. So, if the market drops 20% now, then you will buy back in....
by tadamsmar
Tue Oct 31, 2017 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

This article covers a number of similar recent cases. If thieves ransack my 401(k) or similar retirement account, will anybody reimburse me? Probably. So far, people who work in this area tell me investment companies have reimbursed all the money victims had in their accounts if it’s clear that iden...
by tadamsmar
Sun Oct 29, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

samsoes wrote:
Sun Oct 29, 2017 2:01 pm
tadamsmar wrote:
Sun Oct 29, 2017 1:48 pm
...Ameritrade may be trying play by the same rules as the TSP, it is perfectly legal for them to do do, but they are more sensitive to publicity.
I've been following this thread closely; I believe Transamerica is the firm in question here, not Ameritrade.
Thanks, I corrected it.
by tadamsmar
Sun Oct 29, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

This is a dangerous myth. You can find plenty of information that debunks it, like for instance: https://www.moneytalksnews.com/ask-stacy-what-happens-investment-account-hacked. As noted the article basically states that in a case like the OP's, they should get reimbursed. Cases where this does not...
by tadamsmar
Sun Oct 29, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

This is a dangerous myth. You can find plenty of information that debunks it, like for instance: https://www.moneytalksnews.com/ask-stacy-what-happens-investment-account-hacked. As noted the article basically states that in a case like the OP's, they should get reimbursed. Cases where this does not...
by tadamsmar
Sun Oct 29, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Financial institutions are 100% liable for unauthorized transactions. This is a dangerous myth. You can find plenty of information that debunks it, like for instance: You’d assume you wouldn’t suffer a loss if someone fraudulently withdrew money from any type of account, whether bank, brokerage, cr...
by tadamsmar
Sun Oct 29, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Looking at the timeline for the J.P.Morgan incident: https://web.archive.org/web/20070904124929/http://redtape.msnbc.com/2007/01/one_moment_dave.html Oct 3: the theft occurred Dec 1: J.P. Morgan indicated (in writing) that the investigation was closed. They offered no reimbursement. Two weeks later:...
by tadamsmar
Sun Oct 29, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

retiredjg - just to clarify, I was asked by the police to follow-up with Regions Bank to ascertain the status of the account. Through snafus on their part, I just recently sent them the paperwork that they required to start an investigation from my end, though Transamerica says they have been in co...
by tadamsmar
Sun Oct 29, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Here's a similar story from 2007 that I recalled: https://www.elitetrader.com/et/threads/401-k-account-hacked-vaporized-in-an-instant-180-0000.84068/ The victim did not get reimbursed by J.P.Morgan until the victim contacted MSNBC. MSNBC contacted J.P.Morgan all of a sudden J.P.Morgan said they had...
by tadamsmar
Sun Oct 29, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Here's a similar story from 2007 that I recalled: https://www.elitetrader.com/et/threads/401-k-account-hacked-vaporized-in-an-instant-180-0000.84068/ The victim did not get reimbursed by J.P.Morgan until the victim contacted MSNBC. MSNBC contacted J.P.Morgan and all of a sudden J.P.Morgan said they ...
by tadamsmar
Sat Oct 28, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

Earl Lemongrab wrote:
Sat Oct 28, 2017 4:48 pm
tadamsmar wrote:
Sat Oct 28, 2017 4:13 pm
Ameritrade spokeswoman Kim Hillyer said in an email that it's "a rare occurrence" that the company declines to reimburse a customer.
Give your lawyer Kim Hillyer's contact info:
Transamerica, not TD Ameritrade.
Opps!

Nevermind.
by tadamsmar
Sat Oct 28, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 392
Views: 62128

Re: Retirement Account Stolen by Identity theft

This thread started on Oct. 1st, and now it's Oct. 28th. I think it's safe to say that Transamerica is dragging their feet on this one. They should have been empathetic to you regarding how this would feel and how aggrieved you are. They should have said, no matter what, we will make you whole. I a...
by tadamsmar
Sat Oct 28, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: dishwasher recommendations
Replies: 54
Views: 3646

Re: dishwasher recommendations

When you are buying a new dishwasher, keep in mind that the newer models are more likely to have a filter that needs periodic cleaning. There is a trend toward quieter dishwashers, maybe because this is a more popular feature. Your old model is more likely to have a grinder than a new model. Or if t...
by tadamsmar
Sat Oct 28, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: dishwasher recommendations
Replies: 54
Views: 3646

Re: dishwasher recommendations

Just a side note. I have notice that most people do not make optimal use of their dishwashers. 1. The don't read and follow the user manual. 2. They rinse, wipe, clean their dishes more than necessary before they put them in the dishwasher. 3. They use too much detergent if they have soft water. Thi...
by tadamsmar
Fri Oct 27, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill
Replies: 16
Views: 1449

Re: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill

Not on your list, but the public transportation in Carrboro and Chapel Hill is much better than Cary. I live in Cary and like it, BTW.

Cary vs Carrboro are very different cultures. A town of professionals vs more of a college town.
by tadamsmar
Sat Oct 21, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: Bill Sharpe's preferred portfolio
Replies: 100
Views: 20797

Re: Bill Sharpe's preferred portfolio

Sharp advocates an AA that has 2 parts. One part is a global cap-weighted stock-bond portfolio and the other part is TIPS. You increase your TIPS allocation to reduce risk. That is, more TIPS as you age. But the typical Boglehead approach is to increase bonds to reduce risk. That is, more bonds as y...
by tadamsmar
Sat Oct 21, 2017 7:44 am
Forum: Investing - Theory, News & General
Topic: Shiller: the 1987 stock market panic can happen again
Replies: 29
Views: 3135

Re: Shiller: the 1987 stock market panic can happen again

The markets now have a 20% circuit breaker that closes the market through the next day. So a panic of that magnitude would at least be halted for some time for reflection.

Would mutual fund owner's orders placed after the circuit broke not be fulfilled till the end of the next actual trading day?
by tadamsmar
Fri Oct 20, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: Shiller: the 1987 stock market panic can happen again
Replies: 29
Views: 3135

Re: Schiller: the 1987 stock market panic can happen again

:shock: These two pre-crash markets look lot like the current market:

Image
by tadamsmar
Wed Oct 18, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: Alternatives to selling TSM from a taxable account
Replies: 5
Views: 762

Re: Alternatives to selling TSM from a taxable account

jdilla1107 wrote:
Tue Oct 17, 2017 7:58 pm
Direct all new funds plus all stock dividends to bonds. Around 2% of your stock portfolio can naturally shift to bonds per year through dividends alone.
We are retired. The dividends go for consumption. There is some income and that all goes into bonds in 401Ks.
by tadamsmar
Tue Oct 17, 2017 7:45 pm
Forum: Investing - Theory, News & General
Topic: Alternatives to selling TSM from a taxable account
Replies: 5
Views: 762

Alternatives to selling TSM from a taxable account

This is kind of a half theory half help with investments question. I am at a point where I have sold all my US equities that where held in tax-deferred accounts. If I wanted to reduce my risk from exposure to the TSM further, what are the alternative to selling from taxable accounts. I am at the poi...
by tadamsmar
Tue Oct 17, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy long term bonds Now?
Replies: 33
Views: 3615

Re: Why would anyone buy long term bonds?

Almost all the threads on bonds in this Forum are hung up on bonds in isolation. As a result most of the discussion is beside the point. There are some reasonable exceptions, of course. Any idea if efficient horizon changes if holding LT Treasuries instead of TBM? I think it will change a bit. And ...
by tadamsmar
Tue Oct 17, 2017 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy long term bonds Now?
Replies: 33
Views: 3615

Re: Why would anyone buy long term bonds?

Interesting...I was just arguing against LT Treasuries on another thread but decided to do a backtest. The good thing about them is that they are the least correlative asset to stocks. Some consider high return/low correlation to be the "holy grail" of investing. Backtesting stocks, total bond, and...
by tadamsmar
Tue Oct 17, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7992

Re: Vanguard expects "decent sized correction" soon, sometime, maybe later

I have some cash to invest. Should I wait for the correction to invest? Valuations matter, don't they? Will this correction raise inflation above the 2% that the Fed is hoping for so that they can raise interest rates? Will it cause unemployment to increase? How will the Fed respond to rising unemp...
by tadamsmar
Tue Oct 17, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7992

Re: Vanguard expects "decent sized correction" soon

I am not an expert, and I am skeptical of expert forecasts. I am applying my own logic as follows: - potential drivers for higher market values (e.g., tax cuts) are already priced in - failure to accomplish market-friendly initiatives would send the market down - geopolitical events in the U.S. or ...
by tadamsmar
Tue Oct 17, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy long term bonds Now?
Replies: 33
Views: 3615

Re: Why would anyone buy long term bonds?

Here's an analysis that says that long term equity yield is -2.5%

https://www.gurufocus.com/shiller-PE.php

Could be the smart money is buying long term bonds!
by tadamsmar
Mon Oct 16, 2017 8:05 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 13386

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

So what is it or isn't. Jack Bogle suggested to make moderate adjustments to your asset allocations. It's the same advice if it was or wasn't fully valued. For me, adjusting my asset allocation would involve adjusting my target for rebalancing. But Bogle is against rebalancing, so there is no targe...
by tadamsmar
Sun Oct 15, 2017 8:16 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 13386

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

So what is it or isn't. Jack Bogle suggested to make moderate adjustments to your asset allocations. It's the same advice if it was or wasn't fully valued. For me, adjusting my asset allocation would involve adjusting my target for rebalancing. But Bogle is against rebalancing, so there is no targe...