Search found 3087 matches

by sailaway
Tue May 11, 2021 2:14 pm
Forum: Personal Investments
Topic: Selling RSU
Replies: 55
Views: 1884

Re: Selling RSU

There's no difference with ending up with shares in your company via RSUs vs. buying them yourself. You should treat them equivalently. I agree with this, but I've run into a number of folks locally that think RSUs are some kind of magic sauce. I just recently had a conversation where the individua...
by sailaway
Tue May 11, 2021 12:23 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 517
Views: 41819

Re: The Power of Working Longer

I thought the thesis is if you work longer, you'll have more money than if you didn't work that time. I didn't realize that was in question. For those who involuntarily stop working, their choices may be limited. My parents were in that bucket. For those who are fortunate enough to have the choice ...
by sailaway
Tue May 11, 2021 11:10 am
Forum: Personal Finance (Not Investing)
Topic: 401k contributions from annual bonus
Replies: 13
Views: 659

Re: 401k contributions from annual bonus

If you are making the maximum contribution, won't you still get the maximum match?
by sailaway
Tue May 11, 2021 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Wants vs needs in a hot housing market
Replies: 8
Views: 513

Re: Wants vs needs in a hot housing market

You say "we" found a house, but "I" walked away. It seems to me that staying in the condo would be a much better fit for her to pay down her debt, as it should save on commute, housing and utilities. I am also a fan of waiting to buy until after you have kids, especially for olde...
by sailaway
Tue May 11, 2021 10:21 am
Forum: Personal Investments
Topic: Selling RSU
Replies: 55
Views: 1884

Re: Selling RSU

You pay ordinary income on the value at vesting, no matter what you sell it at. I like to take that and throw it at my index funds, let the growth happen there, rather than worrying about when to sell an individual stock. One can make arguments for being ESPP, as it changes the tax disposition of th...
by sailaway
Mon May 10, 2021 9:51 am
Forum: Personal Investments
Topic: Down the home stretch to FIRE?
Replies: 6
Views: 1236

Re: Down the home stretch to FIRE?

In running numbers, I would subtract out the 529 (assuming they will be spent on education) and the expected new home price, possibly with a buffer for construction overages. This will allow you to set a budget that doesn't depend on selling the home to work. You know that this money will be spent o...
by sailaway
Sun May 09, 2021 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: What do you wish you knew before you retired you know now!
Replies: 98
Views: 15685

Re: What do you wish you knew before you retired you know now!

munemaker wrote: Sun May 09, 2021 3:17 pm

- our portfolio would increase in value by 40% in the 4 years after retirement
If only we all knew what our portfolios would do...
by sailaway
Sun May 09, 2021 2:05 pm
Forum: Personal Investments
Topic: Draw down inherited IRA before RMDs start at 72?
Replies: 12
Views: 1110

Re: Draw down inherited IRA before RMDs start at 72?

My husband has a much smaller inherited IRA. Our analysis suggested that if we need to draw spending money from an IRA, it made sense to draw first from the inherited IRA. He made it to 72, however, with no need to make such withdrawals. We did some Roth conversions during this period from the tIRA...
by sailaway
Sun May 09, 2021 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Living abroad?
Replies: 13
Views: 1124

Re: Living abroad?

Cost saving is very dependent on the individuals spending. Shocking that. Some of it depends on how you move abroad. The type of visa you are eligible for can affect taxes and healthcare, for example. However, overall, just like with moving within the US, you can research COL differences and what d...
by sailaway
Sun May 09, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: An advantage of living below means (high savings rate)
Replies: 7
Views: 1224

Re: An advantage of living below means (high savings rate)

In addition “frugal” lifestyles are not even that safe. In case things go south, stepping down from “frugal” is quite close to “destitute”. Planning for a more comfortable lifestyle has some intrinsic safety margin. That is a bizarre claim, as if there were a specific definition of frugal that is o...
by sailaway
Sun May 09, 2021 11:49 am
Forum: Personal Investments
Topic: Draw down inherited IRA before RMDs start at 72?
Replies: 12
Views: 1110

Re: Draw down inherited IRA before RMDs start at 72?

It depends. You mention conversions. Today's tax won't change between drawing down the inherited vs conversions, but you may be able to move the needle on your overall taxes by moving funds that will grow into Roth.
by sailaway
Sun May 09, 2021 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Monthly bonus - taxed at 25%
Replies: 10
Views: 945

Re: Monthly bonus - taxed at 25%

Do not confuse withholding with tax. They are not the same thing. To make this more explicit for the OP: your bonus is NOT taxed at a flat 25%. Rather, taxes are withheld at that rate. At the end of the year when you file, bonuses are treated the same as the rest of your wage income. I’m glad you b...
by sailaway
Fri May 07, 2021 7:34 pm
Forum: Investing - Theory, News & General
Topic: When will asset prices come down?
Replies: 84
Views: 5556

Re: When will asset prices come down?

retired@50 wrote: Fri May 07, 2021 7:30 pm
newyorker wrote: Fri May 07, 2021 6:16 pm Everything is up right now.
My bond index funds are down this year, aren't yours?

Regards,
YTD, yes, YTY, no.
by sailaway
Fri May 07, 2021 6:29 pm
Forum: Investing - Theory, News & General
Topic: When will asset prices come down?
Replies: 84
Views: 5556

Re: When will asset prices come down?

My crystal ball isn't responding. Must be on weekend mode already.

I am confident that asset prices will go down at some point. I am not taking bets on whether or not that down will be lower than things are today.
by sailaway
Fri May 07, 2021 6:13 pm
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 84
Views: 3139

Re: Do you still read the print newspaper?

I always hated the oversized pages and the way the print comes off on your hands.
by sailaway
Fri May 07, 2021 5:35 pm
Forum: Investing - Theory, News & General
Topic: Confused about dividend investing, market downturns and early retirement
Replies: 88
Views: 5685

Re: Confused about dividend investing, market downturns and early retirement

I recently read “Quit Like a Millionaire” by Kristy Shen. I am interested in early retirement, so this appealed to me. She retired in her early 30s and is traveling around the world with her husband, living off about $40k a year. I thought the book was really good. That's funny! Does she explain ho...
by sailaway
Fri May 07, 2021 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: What interest rate on loan would you sell shares of VTI to avoid?
Replies: 8
Views: 786

Re: What interest rate on loan would you sell shares of VTI to avoid?

If we are looking at this logically, you will also have to take taxes into account.
by sailaway
Fri May 07, 2021 11:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15179
Views: 1171500

Re: U.S. stocks continue to soar!

MindBogler wrote: Fri May 07, 2021 11:15 am I'm not typically much for prognosticating, but I can't help but feel like we're experiencing a melt-up right now.
Shush, none of that, unless you are really Forester. I have RSUs vesting in a few weeks.
by sailaway
Thu May 06, 2021 10:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15179
Views: 1171500

Re: U.S. stocks continue to soar!

Somehow I thought this was Friday and I wouldn't care about the market again until Monday, but my husband won't take me to our beach party, there is no paycheck in the checking account and my credit card hasn't actually closed so that I can pay set up the next payment... So one more day. Are futures...
by sailaway
Thu May 06, 2021 9:45 pm
Forum: Personal Investments
Topic: 33 | Single | Rent | When to take the foot off the pedal?
Replies: 20
Views: 2900

Re: 33 | Single | Rent | When to take the foot off the pedal?

You make no mention of your goals. It doesn't sound like you plan to retire any time soon, so why would you take the foot off the pedal? We are more comfortable with 70/30, but that isn't so big a difference from what you have. We also include all of our cash in our portfolio and add all new monies ...
by sailaway
Thu May 06, 2021 8:38 pm
Forum: Investing - Theory, News & General
Topic: Why simplicity ?
Replies: 66
Views: 4481

Re: Why simplicity ?

I mean, for me, it isn't just finances. I strive for simplicity in a lot of areas in my life. Perhaps even most.
by sailaway
Thu May 06, 2021 3:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15179
Views: 1171500

Re: U.S. stocks continue to soar!

anoop wrote: Thu May 06, 2021 3:42 pm
stocknoob4111 wrote: Thu May 06, 2021 3:09 pm what exactly happened? I checked this morning and the market wasn't soaring, then suddenly soaring when I checked now. Did Powell do a dance?
you snooze, you lose!
I was actually quite happy with what I woke up to after my nap!
by sailaway
Thu May 06, 2021 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on teenager's job hunt
Replies: 30
Views: 2080

Re: Advice needed on teenager's job hunt

Doesn't she have any support professionals who could help with this?
by sailaway
Thu May 06, 2021 1:32 pm
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 155
Views: 10519

Re: Anyone hate where they live primarily because of the weather?

It's May 5 and I'm still in a sweatshirt and sleeping in flannel sheets, and have been since last Oct. Well, I’m near Boston and the weather is wonderful. I’m wearing a flannel shirt, but I’m sitting by the pool (I won’t swim, but my wife will, quickly). The birds are coming back (we have eggs in t...
by sailaway
Thu May 06, 2021 1:16 pm
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 155
Views: 10519

Re: Anyone hate where they live primarily because of the weather?

No humidity does me no favors. When those Santa Ana winds blow in from the mountains, I am pretty miserable. My body likes moderate humidity.
by sailaway
Thu May 06, 2021 1:14 pm
Forum: Personal Consumer Issues
Topic: Is there any free site that provides IQ test and results
Replies: 33
Views: 2123

Re: Is there any free site that provides IQ test and results

Just to have a general idea of what it is, probably. But if you want to do anything with that information, you are probably going to need a formal certificate, which will likely require a more formal, in person evaluation.
by sailaway
Thu May 06, 2021 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Former poor kid who has followed guides, but still lost...
Replies: 34
Views: 4050

Re: Former poor kid who has followed guides, but still lost...

1. Being a forever renter does not necessarily mean you are doing anything wrong financially. In many HCOL in the US, it is currently the best option. Run some rent/buy calculators if in doubt. With a partner working on a PhD in English, I imagine they are expecting to stay in academia, and mobility...
by sailaway
Thu May 06, 2021 11:37 am
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 155
Views: 10519

Re: Anyone hate where they live primarily because of the weather?

I lived in WNY once, I live in SoCal now. The only thing I miss is a full moon shining on fresh fallen snow. Knowing my luck it would be cloudy and the snow would be gray slush, so I don't try. Is it worse right now because you haven't taken a vacation in awhile? (And because it was a long, miserabl...
by sailaway
Thu May 06, 2021 11:29 am
Forum: Personal Investments
Topic: When you state your asset allocation are you including everything or just invested assets?
Replies: 43
Views: 2352

Re: When you state your asset allocation are you including everything or just invested assets?

I include everything held at an institution, right down to the ESPP balance (which I count as equities, even though it could become cash if I left Megacorp tomorrow). We do the math and rebalance twice a year, after RSUs have vested, settled and been reinvested, so we do not count pending RSUs. The ...
by sailaway
Thu May 06, 2021 9:49 am
Forum: Personal Consumer Issues
Topic: The Power of Working Longer - Hiking side discussion
Replies: 29
Views: 666

Re: The Power of Working Longer

While I really do appreciate the suggestion, and section hikes would be possible, there are a lot of reasons why I'm not personally interested in them for the AT or PCT. One is that it's a bit like breaking up a marathon into a dozen sections; yes, you've gone the total distance, but it's certainly...
by sailaway
Wed May 05, 2021 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Logistics of breaking a lease
Replies: 25
Views: 1549

Re: Logistics of breaking a lease

If it's a large apartment complex, then no problem, they will find another person quickly. Maybe not his exact unit since it may need some rehab, but they will enter into other leases and shouldn't be able to hold it against him. If it's a single-family home, that's a different situation, especiall...
by sailaway
Wed May 05, 2021 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Need a retirement focused mother's day present for wife!
Replies: 39
Views: 2148

Re: Need a retirement focused mother's day present for wife!

oldfatguy wrote: Wed May 05, 2021 1:40 pm I'm confused by the concept of a mothers day present for a wife. :confused
Presumably the mother of the husband's children.
by sailaway
Wed May 05, 2021 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Need a retirement focused mother's day present for wife!
Replies: 39
Views: 2148

Re: Need a retirement focused mother's day present for wife!

How about a boat? I have no idea what the internet might be able to tell you that you don't know about your own wife? Are you looking for something like "What Color is Your Parachute" but for hobbies? Is she interested in volunteer work? Instead of a physical gift, consider an experience. ...
by sailaway
Wed May 05, 2021 10:24 am
Forum: Personal Investments
Topic: LSI vs. DCA, but with a twist [Lump sum vs. Dollar Cost Averaging]
Replies: 20
Views: 790

Re: LSI vs. DCA, but with a twist

DucatiScotty wrote: Wed May 05, 2021 10:17 am
sailaway wrote: Wed May 05, 2021 10:13 am I am not seeing the twist, but then I consider all cash held in institutions as part of the bond side of my AA.
If you’re at that level, you don’t have the psychological barrier to overcome ;)
Can you explain how adding more transactions makes the whole process "more fluid"?
by sailaway
Wed May 05, 2021 10:20 am
Forum: Personal Investments
Topic: Roth IRA for 13 yo kid
Replies: 28
Views: 2695

Re: Roth IRA for 13 yo kid

If your kid is pet sitting and otherwise earning income as you describe, they should be filing taxes when required, whether they put the earnings into Roth or not.

If they don't have such earned income, then 529s and taxable accounts are going to be more appropriate.
by sailaway
Wed May 05, 2021 10:13 am
Forum: Personal Investments
Topic: LSI vs. DCA, but with a twist [Lump sum vs. Dollar Cost Averaging]
Replies: 20
Views: 790

Re: LSI vs. DCA, but with a twist

I am not seeing the twist, but then I consider all cash held in institutions as part of the bond side of my AA.
by sailaway
Wed May 05, 2021 9:47 am
Forum: Personal Investments
Topic: Portfolio advice for my wealthy millennial west coast niece
Replies: 12
Views: 2039

Re: Portfolio advice for my wealthy millennial west coast niece

Your niece needs to look into asset allocation and write up an IPS. Then she will have a plan that suits her goals and needs.
by sailaway
Tue May 04, 2021 5:00 pm
Forum: Personal Investments
Topic: Saved for downpayment but realized that I don't have any desire to be a house owner.
Replies: 66
Views: 4898

Re: Saved for downpayment but realized that I don't have any desire to be a house owner.

I'm going to buck the trend of the replies this far and strongly recommend that you buy, if not a free-standing house, then a townhouse. I've never rented in my life and wouldn't have it any other way. (I don't mean to sound harsh, but you're 10 years past the "have a roommate" stage of l...
by sailaway
Tue May 04, 2021 3:53 pm
Forum: Personal Investments
Topic: Saved for downpayment but realized that I don't have any desire to be a house owner.
Replies: 66
Views: 4898

Re: Saved for downpayment but realized that I don't have any desire to be a house owner.

- maintenance time and expense - property taxes - mortgage interest, if applicable - far less liquidity in the asset compared with financial assets such as stocks, mutual funds, etc. You first 3 items are off. As a renter you pay for all of these - just indirectly. In fact, as a property owner thes...
by sailaway
Tue May 04, 2021 2:15 pm
Forum: Investing - Theory, News & General
Topic: Roth 401k rollover at retirement
Replies: 10
Views: 1002

Re: Roth 401k rollover at retirement

Does the web interface allow you to allocate by source?

As mentioned, it doesn't really matter, because you can buy and sell in both accounts without any tax consequences.
by sailaway
Tue May 04, 2021 1:55 pm
Forum: Investing - Theory, News & General
Topic: Your Cash Strategy: Is There A Difference Between Cash in a Brokerage Account vs Cash in a Checking Account?
Replies: 18
Views: 1949

Re: Your Cash Strategy: Is There A Difference Between Cash in a Brokerage Account vs Cash in a Checking Account?

The cash in my brokerage account is waiting for more cash to join it to be invested. It is just under $12 right now.

I believe in time in market, not timing the market. Cash in brokerage is just a result of transactions not always being perfectly planned. Cash I plan to spend is in checking or HYSA.
by sailaway
Tue May 04, 2021 11:31 am
Forum: Personal Investments
Topic: Saved for downpayment but realized that I don't have any desire to be a house owner.
Replies: 66
Views: 4898

Re: Saved for downpayment but realized that I don't have any desire to be a house owner.

I am in my late 40s and a renter. I did own a condo briefly, but overall, no regrets. I have also lived on a boat, which is like a condo with very high HOA fees. I have never wanted a SFH, as I hate doing yardwork. People like to talk about how much real estate has gone up, but it rarely goes up as ...
by sailaway
Mon May 03, 2021 9:17 pm
Forum: Personal Investments
Topic: Avoiding capital gains tax on reinvestments
Replies: 12
Views: 899

Re: Avoiding capital gains tax on reinvestments

There are dividends, capital gains distributions and the unrealized capital gains that are the result of prices going up. The first two happen when the company/fund manager decides. The last one is under your control, but can only be used by selling stocks. It sounds like you are talking about this ...
by sailaway
Mon May 03, 2021 5:37 pm
Forum: Personal Investments
Topic: Advice for investing an additional 80,000/yr
Replies: 5
Views: 777

Re: Advice for investing an additional 80,000/yr

Look through the order of investments. Where do you stand with IRAs? Is the backdoor available to you? Do you have an HSA option? Does either 401k allow for Mega backdoor Roth? Are 529s of concern/interest? Are either of you eligible for a non qualified deferred comp plan? Have you looked into DAF? ...
by sailaway
Mon May 03, 2021 2:21 pm
Forum: Personal Consumer Issues
Topic: Thinking of Teaching a Course on Building a Financial Spreadsheet
Replies: 7
Views: 946

Re: Thinking of Teaching a Course on Building a Financial Spreadsheet

Why are you thinking of doing this through the local cc, rather than approaching your local library for community space, for example? Have you looked into the local cc policies on continuing education courses? For example, one limitation I have seen is that a short course has to be paired with other...
by sailaway
Mon May 03, 2021 10:04 am
Forum: Personal Investments
Topic: 401(K) Rule of 55 and roll over IRA funds in 401(K)
Replies: 4
Views: 574

Re: 401(K) Rule of 55 and roll over IRA funds in 401(K)

No.

However, has she confirmed that the current employer allows partial withdrawals at her age? Some do not.
by sailaway
Mon May 03, 2021 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Are Roth Accounts Overrated?
Replies: 145
Views: 15630

Re: Are Roth Accounts Overrated?

It's called a Roth IRA (individual retirement account) for a reason. If you are planning to use all the money before retirement then there are better options. Being able to withdraw everything tax free, including cap gains, after 59.5 is pretty useful to many people, also for tax planning purposes ...
by sailaway
Sun May 02, 2021 10:49 am
Forum: Personal Investments
Topic: Most direct method for protecting home value
Replies: 13
Views: 1051

Re: Most direct method for protecting home value

Vote in your local elections.
by sailaway
Sat May 01, 2021 11:24 am
Forum: Personal Investments
Topic: Does getting a W2 each year allow me to delay RMDs from 401K?
Replies: 17
Views: 2016

Re: Does getting a W2 each year allow me to delay RMDs from 401K?

From this article ..... https://www.fool.com/retirement/plans/401k/required-minimum-distributions/ Although there's generally no flexibility when it comes to 401(k) RMDs, there is one exception. If you're still working for the company sponsoring your plan by the time you turn 70 1/2 and you don't o...
by sailaway
Sat May 01, 2021 11:16 am
Forum: Personal Investments
Topic: What about a little passive income in your younger years?
Replies: 6
Views: 1245

Re: What about a little passive income in your younger years?

We don't actually keep track of dividends or gains, we just take money out of our brokerage account when we want to spend it, choosing the most appropriate lots at that time. Of course, this works for us because we don't very often want to spend it, and even when we did in 2019, it was a cash flow t...