Search found 4369 matches

by inbox788
Thu Dec 28, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2307

Re: Creating a Mid-Tier Emergency Fund

After using several options for a few years, I decided to simplify my life and keep only those that imposed the least restrictions and offered the most benefits. --Savings bonds. Discarded: another account to check, contribution limits, low yield and state tax benefit. --CDs. Discarded: low yield, ...
by inbox788
Thu Dec 28, 2017 3:31 am
Forum: Personal Finance (Not Investing)
Topic: Question about Fidelity Donor-Advised Fund
Replies: 7
Views: 787

Re: Question about Fidelity Donor-Advised Fund

I've been successful making a couple of such donations. Do not use the web site, but get the information about the individual and direct your donation from DAF (i.e. Fidelity Charitable site) to the organization. It's easiest when the Tax-ID of the organization that Fidelity Charitable already has m...
by inbox788
Wed Dec 27, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: 2009 Honda Pilot Touring vs. EX-L
Replies: 6
Views: 503

Re: 2009 Honda Pilot Touring vs. EX-L

I think the link you posted is for Honda's minivan -- Odyssey, not the SUV -- Pilot the OP is asking about.... Maybe this link: http://www.piloteers.org/forums/70-2009-2011-pilot/27549-ex-l-w-res-vs-touring.html Yup, my mistake. That's what you get when you search for "2009 pilot vs. exl" and don't...
by inbox788
Wed Dec 27, 2017 2:38 am
Forum: Investing - Help with Personal Investments
Topic: How much to front load DAF this year?
Replies: 11
Views: 1179

Re: How much to front load DAF this year?

It doesn't seem like $260 per $10K is a big enough save to bunch more than 2 years of contributions at a time, given the opportunity cost of missing out on appreciation of the money (appreciation to me, not within the DAF). The appreciation argument doesn't really work that way. If you donate $10k ...
by inbox788
Wed Dec 27, 2017 2:27 am
Forum: Personal Finance (Not Investing)
Topic: 2009 Honda Pilot Touring vs. EX-L
Replies: 6
Views: 503

Re: 2009 Honda Pilot Touring vs. EX-L

There may be some, but relatively small differences, but you should check the specific vehicle you'd be purchasing. http://www.odyclub.com/forums/52-2005-2010-odyssey/46978-2009-ex-l-vs-2009-touring.html#post445552 Memory seats is one of the more appealing features for me. YMMV. I'd be curious if th...
by inbox788
Wed Dec 27, 2017 12:11 am
Forum: Investing - Help with Personal Investments
Topic: $60,000 unrealized loss in '17 that I don't need
Replies: 30
Views: 3810

Re: $60,000 unrealized loss in '17 that I don't need

1. Take the loss now. 3. Use this opportunity to teach you a lesson and get out of an individual stock while you can. 4. Buy index funds with the proceeds according to your asset allocation. These are exactly what I was going to say. Also, I was going to add that you take the refund check of around...
by inbox788
Tue Dec 26, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Creating a Mid-Tier Emergency Fund
Replies: 21
Views: 2307

Re: Creating a Mid-Tier Emergency Fund

I looked into CD ladders, but gave up on the idea. I'm not preparing for a 5 year emergency tying up living expenses in a low interest CD. What type of emergency are you preparing for where this fund might come into play? What is the timeframe and needed expenses to cover? I wound up with something ...
by inbox788
Tue Dec 26, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Should I preserve parents’ risky portfolio? Or “disobey” them?
Replies: 74
Views: 4945

Re: Should I preserve parents’ risky portfolio? Or “disobey” them?

Over 10% of their assets are in Apple. Yes, I noticed that too, and concentration like that can be a bit risky, but practically speaking, it's only about 3-4X the average persons Apple holdings. We've all got an out-sized Apple holding simply because it's currently the biggest market cap company ou...
by inbox788
Mon Dec 25, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 249
Views: 35127

Re: Fidelity free Turbotax

Every now and then a screen pops up asking me to update my financial status. As far I am concerned it is none of their business. When I want help, I ask for it. After the Fidelity Rep took my second check and tried to help me, he listed me as "self-directed". I'm familiar with Fidelity as my former...
by inbox788
Mon Dec 25, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Etiquette of converting to exempt status
Replies: 32
Views: 3721

Re: Etiquette of converting to exempt status

I agree with dm200 about the employees' paychecks, but on the subject of corporations' responsibilities, I think (especially since they are now apparently "people") they have a responsibility to their shareholders, their employees, and the community at large, for example, to the environment. I thin...
by inbox788
Mon Dec 25, 2017 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: How much to front load DAF this year?
Replies: 11
Views: 1179

Re: How much to front load DAF this year?

We are making 5 years' worth of donations this year partly to zero out our tax obligation, but also because our marginal rate will be lower for at least the next 8 years (the term of the current tax reductions). So I think it would make sense to make up to 8 years' worth of donations, as long as th...
by inbox788
Mon Dec 25, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 7582

Re: Will you donate less to Charity?

Well, heck. Thanks for the pointer--these actually are post-tax. I had thought there was some special state magic and they were pre-tax, but apparently not. Better you found out before, so you make informed decisions, even if it may not alter ultimate outcome. Any creative accountants think there i...
by inbox788
Mon Dec 25, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 7582

Re: Will you donate less to Charity?

We will not change our charitable contributions, that was never influenced by the tax code. The way I see is is totally different. It's amount I'm able/willing to contribute is fixed. If I have $100 cash to donate, that's what the charity gets. If I can get back $30 from taxes, that's another $30 t...
by inbox788
Mon Dec 25, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Buy a home or invest at 5%
Replies: 26
Views: 1723

Re: Buy a home or invest at 5%

OP, how long have you lived at your rental? How long have you been at your current job? How long do you expect to stay there? Other have covered some of the financial aspects and need for more information. Buying a home is often a good long term investment if property prices go up, largely because y...
by inbox788
Sun Dec 24, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 109
Views: 7582

Re: Will you donate less to Charity?

I will probably end up with a standard deduction. I therefore just opened a DAF and will probably add another charity to my pretax payroll donations next year. I'm not sure, but it' looking like I'll be taking the standard deduction, so my charitable donations won't be deductible up to the standard...
by inbox788
Sun Dec 24, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Donor Advised Fund costs
Replies: 45
Views: 2730

Re: Donor Advised Fund costs

If Fidelity, Vanguard, etc. did not run the DAFs (that hold month in their respective family of funds), then they would have lower assets in these funds. With economies of scale, the larger asset base contributes to lower costs for Fidelity, Vanguard, etc. The Fidelity DAF does not hold Vanguard fu...
by inbox788
Sun Dec 24, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Donor Advised Fund costs
Replies: 45
Views: 2730

Re: Donor Advised Fund costs

According to Fidelity's policy guidelines linked below, they'll be donated via something called the Fidelity Charitable Trustee's Initiative that makes grants to nonprofits. https://www.fidelitycharitable.org/docs/Giving-Account-Policy-Guidelines.pdf Thanks, that's reassuring to see it in print tha...
by inbox788
Sun Dec 24, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Etiquette of converting to exempt status
Replies: 32
Views: 3721

Re: Etiquette of converting to exempt status

What is the etiquette of converting to exempt status from hourly with overtime? I get the feeling that if I ask for my wage plus the 40k expected overtime that will not go over well, but they might be receptive to something in-between... You should not be negotiating with yourself. Otherwise, you m...
by inbox788
Sat Dec 23, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Using lumens to buy light fixtures
Replies: 26
Views: 2070

Re: Using lumens to buy light fixtures

It's also worth mentioning that one of the reasons for dual fixtures or multiple bulbs in a single fixture is for redundancy. It's less likely that both will fail at the same time, leaving you in inky darkness. This is less of an issue now that LED lights mean time to failure is decades rather than...
by inbox788
Sat Dec 23, 2017 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: Donor Advised Fund costs
Replies: 45
Views: 2730

Re: Donor Advised Fund costs

60 bp with a $100 minimum doesn't strike me as too high. They handle contributions, distributions, maintain compliance, etc. That requires a certain level of expertise and administrative overhead, and also provides a great deal of convenience over the donor making a bunch of individual donations wh...
by inbox788
Sat Dec 23, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund - Family Trust or my name?
Replies: 12
Views: 919

Re: Donor Advised Fund - Family Trust or my name?

You can name your adult children (and others) as fund advisors at any time. IIRC, you can name a final charitable beneficiary if all DAF advisors have passed away or otherwise "abandoned" the DAF. I believe that ours names one of the world relief organizations as the ultimate recipient of any resid...
by inbox788
Sat Dec 23, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Paid Off $340K in Student Loans in 4 Years!
Replies: 21
Views: 1657

Re: Paid Off $340K in Student Loans in 4 Years!

In 50 months, I paid off $340K in student loans (undergrad + law school + 2+ years of accrued interest while working in a legal clerkship). I refinanced three times along the way (Sofi --> DRB --> First Republic) and managed to max out my 401(k) each year as well. I bought two houses -- the first a...
by inbox788
Fri Dec 22, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I cash out my Whole Life Policy?
Replies: 3
Views: 586

Re: Should I cash out my Whole Life Policy?

I'm confused by a number of things, but if you have last years numbers for these figures, it may help figure out how the policy is performing. Terminal Dividend/Bonus S$4837 Bonus Available for Withdrawal S$1902 Vested RB S$8813 Policy Cash Value S$5972 Recommended Loan Amount S$7086 Net Surrender V...
by inbox788
Fri Dec 22, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should I cash out my whole life insurance
Replies: 9
Views: 507

Re: Should I cash out my whole life insurance

Bought by my parents a long time ago. From American General.. small policy, so I don't know much about.. When I called they said : Death Benefit : $2500 Cash Now : $4700. On document I received it says 'Total Dividents to Date: $2791' If I die, I don't want my wife to have to mess with a bunch of p...
by inbox788
Fri Dec 22, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate Life Insurance in late 40’s – nearing retirement
Replies: 19
Views: 2061

Re: Appropriate Life Insurance in late 40’s – nearing retirement

Are you sure life insurance is what you need at this point? Assuming you have a big nest egg you plan to spend during retirement, and you die before you spend it, it will be available for your survivors. How are you planning for income in retirement? Pension, social security, investments? I'd be mor...
by inbox788
Fri Dec 22, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: Recommend me a good laser printer for a chromebook!
Replies: 23
Views: 1690

Re: Recommend me a good laser printer for a chromebook!

I've been looking for a solution for a while. I had cloud printing working for a while, but now that that broke, and I can't seem to easily fix, I have to go to a specific computer to print things. I'm limping along for the time being, but really not printing much out these days, and hopefully less ...
by inbox788
Fri Dec 22, 2017 2:09 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 101
Views: 7058

Re: Stocks always in taxable for tax efficient investing?

You can get a "rule of thumb" for which is best by just looking at where you are true value wise after the first year. The simple algebra gives you: If (.15)r_s > r_b - r_m Then bonds go in taxable, otherwise stocks go in taxable. I'm a little confused. Why is the individual investors marginal tax ...
by inbox788
Fri Dec 22, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portofolio Advice for wildly unbalanced portfolio 97/3
Replies: 25
Views: 1871

Re: Portofolio Advice for wildly unbalanced portfolio 97/3

Tax Rate: 39.6% Federal, 13% State at least for the next 4 years. It might drop after that ... She (as of yesterday) now has a IRA w/ $5500 in it. ... Seriously, the games involved in finding the best tax situation are amazing. Heaven forbid the tax code just make sense. Simple math, but putting $5...
by inbox788
Thu Dec 21, 2017 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Portofolio Advice for wildly unbalanced portfolio 97/3
Replies: 25
Views: 1871

Re: Portofolio Advice for wildly unbalanced portfolio 97/3

Honestly, I'm so very confused when it comes to Roth vs. tIRA. I thought the whole point of Roth was for earnings to grow tax free and a regular IRA was taxed when withdrawn. I gotta read up on those links that were mentioned. In one of the previous posts it was mentioned that I should set my accou...
by inbox788
Wed Dec 20, 2017 2:12 pm
Forum: Personal Consumer Issues
Topic: New Car; Maintenance
Replies: 30
Views: 1979

Re: New Car; Maintenance

The thought process was not to floor the accelerator, but to have the extra HP/torque available in less than ideal conditions The debate over premium involves a lot of factors (car age, carbon deposits, fuel efficiency, etc.), but at the heart of the matter is higher octane gas. My understanding is...
by inbox788
Wed Dec 20, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: New Car; Maintenance
Replies: 30
Views: 1979

Re: New Car; Maintenance

Thank you! I think I may go Premium in winter / regular in summer based on what I’ve read too regarding performance I want as much performance in the snow / icy conditions - would it be bad to mix in / out the fuel types? LOL! :oops: The last thing I would want to do in snow/ice conditions is floor...
by inbox788
Wed Dec 20, 2017 12:27 am
Forum: Investing - Theory, News & General
Topic: Where do you read financial news?
Replies: 39
Views: 3606

Re: Where do you read financial news?

Google Finance :happy I agree with those that liked it better. I don't trust a lot of the robo sources they're linking to these days, and the old information feeds contained more useful information. Yahoo Finance was the ideal site for me until they ruined it a few years ago. That's what these comp...
by inbox788
Tue Dec 19, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Portofolio Advice for wildly unbalanced portfolio 97/3
Replies: 25
Views: 1871

Re: Portofolio Advice for wildly unbalanced portfolio 97/3

Company Stock Vested Options $3.9M Unvested options $800K IMO, everything else is small potatoes! You've got to consider the taxation vs risk of holding one stock and come to grips on the situation. It appears the course you're on is to let it ride, so it's not yet part of your retirement portfolio...
by inbox788
Tue Dec 19, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 268
Views: 65325

Re: My New Car Buying Tips

6 dealers in my area. Three would give me OTD prices via email. All would meet the OTD price of the others. None would go any further without a competitor's written offer. Tough game they play. Ended up emailing the salesperson at the dealership we did the test drive at (who wouldn't give a OTD pri...
by inbox788
Mon Dec 18, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 34
Views: 3684

Re: How long to hold 80/20 asset allocation

I'll be the contrarian. I think 80/20 is too aggressive for a 30 year old. I realize that's not standard fare in this forum. Personally, I don't think 2008 was an adequate test of fortitude in a downturn. Yes, 2008 was a steep decline, but it was much too short of duration. I'm retired at age 60 an...
by inbox788
Sun Dec 17, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Cheap tablet just for internet surfing
Replies: 46
Views: 4790

Re: Cheap tablet just for internet surfing

MrNewEngland wrote:
Wed Dec 13, 2017 9:28 pm
WhiteMaxima wrote:
Tue Dec 12, 2017 1:24 pm
Ipad on sale for $250. Much better product than chrome tablet.
Do you have a link to that? I’ll buy that in a heartbeat.
https://www.target.com/p/apple-174-ipad ... nk=sametab
by inbox788
Thu Dec 14, 2017 6:09 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it [Stock Picking versus TSM]
Replies: 98
Views: 14242

Re: Just not getting it

The thing I keep asking myself when I have thoughts like yours is "how can I be smarter than all those professionals who devote all their time to this?" Active managers generally are smart, well-educated, experienced, have access to more data and company management than I do and this is their full-...
by inbox788
Thu Dec 14, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 49
Views: 3014

Re: Play money individual stocks, which ones?

@inbox788 I'd strongly recommend staying away from DDD or any 3d printing stock that is on the public markets. All the growth in printing is coming from the private markets. Until those IPO, i'd stay away. Thanks for the advice. I doubt I'd be making any individual stock investment, even with play ...
by inbox788
Thu Dec 14, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50X annual spending. Now what?
Replies: 56
Views: 6238

Re: Reached 50X annual spending. Now what?

However, I'm not sure what my proper asset allocation should be. I know it's a subjective decision, but I'd also like to know what others here think. I've seen everything from 30/70 stocks/bonds to 50/50. A couple of things to note: I'm 62 years old and actually (and amazingly) just landed a new jo...
by inbox788
Wed Dec 13, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Shift bonds from IRA to 529?
Replies: 5
Views: 583

Re: Shift bonds from IRA to 529?

I don’t consider my 529 plan as being part of my asset allocation or net worth. Certainly if you have reached your goal, adjusting the 529 allocation is reasonable, but I don’t think I would change my retirement account aa. Depending on the size of the 529 compared to your retirement accounts, how ...
by inbox788
Wed Dec 13, 2017 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from a CFP to ?
Replies: 4
Views: 396

Re: Moving from a CFP to ?

You have a much better chance of meeting your 5% goal if 20 or 25% of the gains wasn't going to the advisor. On a $1M portfolio, 1% comes to $10, 000/year. Is the tax preparation and what he does worth that much? More, if the portfolio is higher. I figure if I pick a less than optimal portfolio like...
by inbox788
Tue Dec 12, 2017 1:22 pm
Forum: Personal Consumer Issues
Topic: Cheap tablet just for internet surfing
Replies: 46
Views: 4790

Re: Cheap tablet just for internet surfing

I'm looking to purchase a tablet for my senior parents that will purely just be used for internet surfing and email checking. What do you mean by internet surfing? The characteristics of the internet web sites has changed dramatically and continue to change (some not for the better IMO). It used to...
by inbox788
Tue Dec 12, 2017 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 49
Views: 3014

Re: Play money individual stocks, which ones?

I gave up on individual stocks, especially buy and hold large caps. If I were to buy an individual stock, I'd be looking for something that might be the next Amazon or Tesla, but those ships have sailed already (and most of the names listed here as well). If a stock already has a market cap of $50B ...
by inbox788
Mon Dec 11, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Use HSA money now for high medical expenses?
Replies: 8
Views: 1048

Re: Use HSA money now for high medical expenses?

41 year old small business owner with wife and two kids. I will have a high-deductible health insurance plan with an HSA in 2018 covering my family. I also have a 4 year old son with Type 1 diabetes. Our medical expenses for our son have always maxed his individual deductible and maximum out of poc...
by inbox788
Mon Dec 11, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: DAF - when is it right to do?
Replies: 17
Views: 1404

Re: DAF - when is it right to do?

True, but the key is "legally enforceable". All of the kinds of "pledges" I have either made or have been asked to make say that they are not "legally enforceable". That is good that you ask. I asked one charity about it and they didn't know. And their pledge card didn't specify if it was or wasn't...
by inbox788
Mon Dec 11, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 101
Views: 7058

Re: Stocks always in taxable for tax efficient investing?

Yet a fair comparison has to assume equal allocations (as in the case of Roth vs. Taxable) So the two cases to compare should be 400 stocks + 100 bonds tax-deferred 300 bonds taxable Vs. 400 bonds + 100 stocks tax deferred 300 stocks taxable And here it is immediate to see that it is the second all...
by inbox788
Mon Dec 11, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: DAF - when is it right to do?
Replies: 17
Views: 1404

Re: DAF - when is it right to do?

A DAF is expert and efficient in all aspects of doing this. For the most part, yes, but this year, I encountered what sounds like a new employee in a large organization who may not be expert or efficient. I've been doing annual appreciated stocks from a major broker the last few years, and I only h...
by inbox788
Sat Dec 09, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: Stocks always in taxable for tax efficient investing?
Replies: 101
Views: 7058

Re: Stocks always in taxable for tax efficient investing?

Don't we care about minimizing the total principal we pay to the gov (i.e. tax rate * tax income)? Lets say bonds yield 2% real, and my marginal rate is 25%. Holding $100 of bonds in taxable brokerage means that I have after one year 100+2*.75=101.5. So my after-tax real growth rate is 1.5% if I ho...
by inbox788
Sat Dec 09, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2779

Re: Espresso Machine suggestions?

Nespresso machine. sale priced. now at nespresso.com. They use capsules like a keurig. Capsules are expensive , but less than store bought latte. I bought it to make latte's but have come to prefer the espresso! Avoid Nespresso. If you drink regularly, the cost of capsules will exceed cost of expen...
by inbox788
Sat Dec 09, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2779

Re: Espresso Machine suggestions?

What is your budget? $500 or $5k or somewhere in between? Fully automatic vs. manual/semi-manual? Answering those questions helps narrow down the choices. From my research, the entry level seems to be around $500 for a semi-manual one like the Breville BES840XL. https://thewirecutter.com/reviews/bes...