Search found 5926 matches

by anon_investor
Thu Apr 22, 2021 7:20 am
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 218
Views: 14776

Re: Coinbase IPO - anyone tempted?

gubernaculum wrote: Wed Apr 21, 2021 11:43 pm Coinbase? hahhhahahahahahhahahahhahahahahah..................................its value is zero.
At a certain point it will be in VTSAX...
by anon_investor
Thu Apr 22, 2021 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Should a roll over of tIRA into a 401k trigger 1099 R?
Replies: 8
Views: 520

Re: Should a roll over of tIRA into a 401k trigger 1099 R?

I rolled my Vanguard tIRA into my 401k a couple of years ago and did get a 1099-R.
by anon_investor
Wed Apr 21, 2021 10:12 pm
Forum: Personal Investments
Topic: When do you stop buying I-bonds?
Replies: 32
Views: 2356

Re: When do you stop buying I-bonds?

I Bonds do not get a step up in basis, so they are less advantagous for an estate. Something to think about. Sorry, I don’t understand. Can you please elaborate. Thank you. Basically if someone defers taxes on I Bond interest until they are redeemed, and they die before they need to redeem them, th...
by anon_investor
Wed Apr 21, 2021 9:31 pm
Forum: Personal Investments
Topic: Short term bond fund
Replies: 6
Views: 684

Re: Short term bond fund

Munir wrote: Wed Apr 21, 2021 9:01 pm VSGDX- Short Term Federal Fund. Compare it to other short term bond funds as far as performance, credit & interest risk, and duration.
+1.
by anon_investor
Wed Apr 21, 2021 9:30 pm
Forum: Personal Investments
Topic: When do you stop buying I-bonds?
Replies: 32
Views: 2356

Re: When do you stop buying I-bonds?

These aren’t EE Bonds .... they will have the same properties at year 5 as year 20. Why stop? I’m asking age wise. If one is purchased at 50, then keeping the bond till maturity gets one at 80. Or maybe like @ApeAttack mentioned, the purpose of these bonds is for semi-emergency funds and not necess...
by anon_investor
Wed Apr 21, 2021 7:09 pm
Forum: Personal Investments
Topic: New to stock investing and have $5000 to invest. What would you do?
Replies: 9
Views: 872

Re: New to stock investing and have $5000 to invest. What would you do?

Wizzroom wrote: Wed Apr 21, 2021 4:55 pm I need advice from experienced investors on which stocks to buy. How do you decide which stocks to buy?
100% VTSAX (Vanguard Total Stock Market Index fund) and chill.
by anon_investor
Wed Apr 21, 2021 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Are Roth Accounts Overrated?
Replies: 91
Views: 6602

Re: Are Roth Accounts Overrated?

Alright, I was curious, so I did the math. Looks like the qualified dividend tax rate is the same as the LTCG and approximately the same brackets. So, if your AGI if married filing jointly is below 80k, then the drag is non existent. However, it is 15% of ~1.5% or 0.00225% or less than the expense ...
by anon_investor
Wed Apr 21, 2021 7:01 pm
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 63
Views: 5574

Re: Any Reason to NOT max out I Bonds and EE Bonds

No. Somebody or something is going to pay tax on all the interest sooner or later. Thank you. As I suspected, for estate planning purposes, instead of having a Treasury Direct account, it would seem better to hold TIPS or muni funds in a taxable account, to be able to get the step-up eventually. Or...
by anon_investor
Wed Apr 21, 2021 6:27 pm
Forum: Personal Consumer Issues
Topic: Boxer for Men?
Replies: 9
Views: 1253

Re: Boxer for Men?

So I always wore these boxer briefs that are ralph lauren and always got them at century 21 in nyc. But since these stores are closed now, where can i buy these boxer shorts for a decent price? I remember paying like 20 or 25 dollars almost always for a pack of three boxer shorts. I check online on...
by anon_investor
Wed Apr 21, 2021 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer - Company won't put bonus info in offer letter or in writing
Replies: 38
Views: 3517

Re: Job Offer - Company won't put bonus info in offer letter or in writing

mmmodem wrote: Wed Apr 21, 2021 5:05 pm My last two jobs, the bonus was not written in the offer letter. Only the sign on bonus was. The year end bonus is documented separately but was easily found in my company online profile on day 1.
+1. Pretty much the same for me at my current megacorp employer.
by anon_investor
Wed Apr 21, 2021 2:30 pm
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 63
Views: 5574

Re: Any Reason to NOT max out I Bonds and EE Bonds

No. Somebody or something is going to pay tax on all the interest sooner or later. Thank you. As I suspected, for estate planning purposes, instead of having a Treasury Direct account, it would seem better to hold TIPS or muni funds in a taxable account, to be able to get the step-up eventually. Or...
by anon_investor
Wed Apr 21, 2021 2:25 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 188
Views: 13664

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

I have 3 kids. Maybe one of them will go to Harvard and work for MBB. So I use 529 plans. :twisted: Awesome. What about the other two? If all my kids can get into "Harvard" we will probably pay for all of them to go. Statistically (based on parents/family educational backgrounds) there is...
by anon_investor
Wed Apr 21, 2021 12:49 pm
Forum: Personal Investments
Topic: Should I use I bonds as emergency fund?
Replies: 20
Views: 1914

Re: Should I use I bonds as emergency fund?

The only real downside to I-Bonds (other than the 12 month period) IMO is just the mechanics of using the TreasuryDirect site. You have to log into your account, purchase the bonds, then (ideally) give transact rights to your spouse. Then your spouse has to login into their account, make their own ...
by anon_investor
Wed Apr 21, 2021 12:05 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 188
Views: 13664

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

Then VTSAX and chill and retire by 40? Exactly! And spend your days grooming your offspring to follow your well trodden path. Wealth perpetuates wealth, privilege perpetuates privilege. That’s the way the world works, folks. How about this. Instead of putting $200K in a 529 put $200K into VTSAX and...
by anon_investor
Wed Apr 21, 2021 11:49 am
Forum: Personal Investments
Topic: Dividend Portfolio (SCHD) vs Stock-Bond (VTI-BND) Portfolio
Replies: 58
Views: 2512

Re: Dividend Portfolio (SCHD) vs Stock-Bond (VTI-BND) Portfolio

For those trying to draw a comparison to 100% VTI, that's fine, but it's not the BH-way. BHers prefer VTI-BND or similar, so the example is set up to draw that comparison. I am comparing to the preferred BH portfolio, not one that is not preferred. Have you compared other dividend ETFs? Why that one?
by anon_investor
Wed Apr 21, 2021 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Moving money between 2 banks?
Replies: 14
Views: 986

Re: Moving money between 2 banks?

kelvan80 wrote: Wed Apr 21, 2021 11:33 am I've been able to use Zelle to move money between two different banks. I feel like the money was transferred almost immediately. I did a test deposit of $10 and then the actual amount I wanted to move.
I dont think Zelle allows large amounts.
by anon_investor
Wed Apr 21, 2021 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Strange message from Ally Bank
Replies: 27
Views: 2381

Re: Strange message from Ally Bank

My check falls under category two -- it was a large bank check. Still the wording of their having confidential information that the check may not be paid. THAT through me. Based on the Ally Bank FAQ: https://www.ally.com/help/bank/deposits.html It looks like for $25k+ check deposits: The first $300...
by anon_investor
Wed Apr 21, 2021 10:38 am
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 63
Views: 5574

Re: Any Reason to NOT max out I Bonds and EE Bonds

alluringreality wrote: Wed Apr 21, 2021 10:37 am
watchnerd wrote: Wed Apr 21, 2021 10:33 am How many spouses do you have??
While amusing, they're including the 20 year doubling.
I don't think I could handle doubling of spouses at 20 years... :twisted:
by anon_investor
Wed Apr 21, 2021 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Strange message from Ally Bank
Replies: 27
Views: 2381

Re: Strange message from Ally Bank

Don't think this is weird at all. Standard risk management for an outdated payment method! I closed a 5 figure amount from a bank once and wanted to move it to another bank (not an online bank), the fastest and cheapest way was to get a stack of cash and walk it down the street to the other bank to...
by anon_investor
Wed Apr 21, 2021 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Moving money between 2 banks?
Replies: 14
Views: 986

Re: Moving money between 2 banks?

cheese_breath wrote: Wed Apr 21, 2021 10:25 am How long will it take your mobile (check) deposit to clear?
+1. It takes a few business days for large deposited checks to clear for most banks.

(5 business days for amounts over $25k at Ally Bank.)
by anon_investor
Wed Apr 21, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Strange message from Ally Bank
Replies: 27
Views: 2381

Re: Strange message from Ally Bank

Maybe they thought Citibank's check would bounced because of an overdraft, since they accidentally sent $900 million to the wrong people. :twisted: https://www.bloomberg.com/opinion/articles/2021-02-17/citi-can-t-have-its-900-million-back I think that's evidence that their checks are *more likely* ...
by anon_investor
Wed Apr 21, 2021 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Strange message from Ally Bank
Replies: 27
Views: 2381

Re: Strange message from Ally Bank

There were two checks: One from my Vanguard IRA (the small one) The Large one was a BANK CHECK. I am slowly closing my account with that bank. Supposedly they are cutting down the waiting period from the middle of next week to Thursday this week, because I called. Still that is a BIZARRE way to hol...
by anon_investor
Wed Apr 21, 2021 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Strange message from Ally Bank
Replies: 27
Views: 2381

Re: Strange message from Ally Bank

There were two checks: One from my Vanguard IRA (the small one) The Large one was a BANK CHECK. I am slowly closing my account with that bank. Supposedly they are cutting down the waiting period from the middle of next week to Thursday this week, because I called. Still that is a BIZARRE way to hol...
by anon_investor
Tue Apr 20, 2021 10:43 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1320
Views: 146713

Re: Jack Bogle - Two Fund Portfolio

My two fund portfolio is VTSAX and VITAX. VTSAX is equivalent to bonds now, VITAX is equivalent to stocks :D That's dangerous stuff, gubernaculum. Be careful with sector-specific funds. I agree - his portfolio is less diverse due to the addition of the VITAX technology fund. But then again, the “Ja...
by anon_investor
Tue Apr 20, 2021 9:17 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 126
Views: 14888

Re: I Bonds variable rate @ 3.54% in May

After many years of buying them I suggest just getting the full 10K at once, it gets really cluttered to have 20-30 bonds in there. Yep. This is really one of the few downsides. The cluttering that can become cumbersome. I also consider mine part of the emergency fund but if I am liquidating I bond...
by anon_investor
Tue Apr 20, 2021 9:14 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1320
Views: 146713

Re: Jack Bogle - Two Fund Portfolio

BOGLEHEADS! Any new investors to the Jack Bogle and Warren Buffett Two Fund Portfolio? Tony Way two many funds Tony. :wink: Dave VTSAX and chill! I like that saying a lot. Have seen it in multiple threads on the forum. You sold all your international correct? Tony I never really had any internation...
by anon_investor
Tue Apr 20, 2021 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Received a "surprise" $13,000 IRS refund check on 2018 taxes. Please advise.
Replies: 52
Views: 5255

Re: Received a "surprise" $13,000 IRS refund check on 2018 taxes. Please advise.

Pulling for the OP that the refund check was recieved due to QCD issue and not due to someone's attempted fradulent activity. Since the OP will need to create an IRS account to access the tax transcript online, the OP may want to look into obtaining an IRS Identity Protection PIN, which is easy if s...
by anon_investor
Tue Apr 20, 2021 8:04 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1320
Views: 146713

Re: Jack Bogle - Two Fund Portfolio

BOGLEHEADS! Any new investors to the Jack Bogle and Warren Buffett Two Fund Portfolio? Tony Way two many funds Tony. :wink: Dave VTSAX and chill! What about an emergency fund? If my EF is in I Bonds, but I count it as part of my fixed income allocation, does it really exist? :twisted:
by anon_investor
Tue Apr 20, 2021 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Received a "surprise" $13,000 IRS refund check on 2018 taxes. Please advise.
Replies: 52
Views: 5255

Re: Received a "surprise" $13,000 IRS refund check on 2018 taxes. Please advise.

Buddtholomew wrote: Tue Apr 20, 2021 6:36 pm You are a victim of identity theft; it is illegal to deposit the check. Same thing happened to me and many others after filing taxes using TurboTax in 2018.
What happened with TurboTax in 2018?
by anon_investor
Tue Apr 20, 2021 6:34 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 1320
Views: 146713

Re: Jack Bogle - Two Fund Portfolio

Dave55 wrote: Tue Apr 20, 2021 6:32 pm
abuss368 wrote: Tue Apr 20, 2021 5:49 pm BOGLEHEADS!

Any new investors to the Jack Bogle and Warren Buffett Two Fund Portfolio?

Tony
Way two many funds Tony. :wink:

Dave
VTSAX and chill!
by anon_investor
Tue Apr 20, 2021 6:17 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 126
Views: 14888

Re: I Bonds variable rate @ 3.54% in May

Will be doing our first ibond purchase in May. Question for those who have done this before on Treasury Direct. Do you just buy one bond for the full amount you want to invest (up to $10k)? Or do you buy multiple bonds for various denominations? Reason for the question is that my intent here is a 2...
by anon_investor
Tue Apr 20, 2021 2:26 pm
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 1107
Views: 92214

Re: First 20% of bonds in long-term Treasuries

just EE bonds vs. long term treasuries. And the same would go for taking CDs over treasuries when there is a yield advantage for the former, but that's not really pertinent here since there are no long term CDs, AFAIK. EE bonds are nice, but also pretty irrelevant to larger portfolios. I can't mean...
by anon_investor
Tue Apr 20, 2021 12:59 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 126
Views: 14888

Re: I Bonds variable rate @ 3.54% in May

I don't think that is the intent. My family keeps $2-10K on a monthly basis in our checking account which includes our normal expenditures plus our monthly vacation budget (annual divided by 12), etc. Our E Fund was a separate account @ $28K and I now have $20K in I-Bonds, $6K in online checking an...
by anon_investor
Tue Apr 20, 2021 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to get back to the grind?
Replies: 10
Views: 2207

Re: Do I need to get back to the grind?

OP, if you are bored and want a challenge, then maybe go for it, what is the worst that can happen? You quit? However, if you are perfectly happy right now, you do not NEED the money. At your kids' current ages, I would carefully consider if you want to give up those last few years before the older ...
by anon_investor
Tue Apr 20, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 109
Views: 6222

Re: How Long Would You Stay in a Boring Government Job?

Follow the money, or follow your personal desires. As is often the case with jobs, you have to make a choice, because you can't have it all. (By the way, 8-4 sounds like a pretty relaxed schedule to me. I retired after 40 years of 8-6:30.) I think it is all perspective. I used to work 70-100 hours ...
by anon_investor
Tue Apr 20, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 109
Views: 6222

Re: How Long Would You Stay in a Boring Government Job?

It’s not getting out of bed, it’s being told to be somewhere for a certain period of time “just because that’s the way we do it.” I will be done with my work today by 2:00 but will have to sit here until 4:00. It’s dumb. It's not dumb, it's outrageous. How dare they pay you a ton of money to sit at...
by anon_investor
Tue Apr 20, 2021 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 109
Views: 6222

Re: How Long Would You Stay in a Boring Government Job?

Have you requested a WFH/flexible work schedule? It seems silly for a City to lose a lawyer that’s doing their job over a schedule issue, so I would think they would want to try to accommodate you. Not sure why this made me laugh. I used to work for a state government, flexibility is not something ...
by anon_investor
Tue Apr 20, 2021 10:35 am
Forum: Personal Investments
Topic: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]
Replies: 5
Views: 351

Re: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]

So is the moral of the story: VFIAX or VTSAX and chill > EE Bonds, if you don't need to touch the money? well, yes, if you know in advance you won't need to touch the money, sure. :D Haha, that is why I am using I Bonds as part of my emergency fund and not EE Bonds. Instead of buying EE Bonds to ho...
by anon_investor
Tue Apr 20, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 109
Views: 6222

Re: How Long Would You Stay in a Boring Government Job?

How much do you have on your student loans? It sounds like a bad idea to eliminate such an "easy" source of income until you at least have those paid off. Do you have a mortgage or any other debt? How much of your current $70k-75k annual spend consists of loan payments? Would you be 100% ...
by anon_investor
Tue Apr 20, 2021 10:03 am
Forum: Personal Investments
Topic: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]
Replies: 5
Views: 351

Re: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]

I was contemplating buying some savings bonds this year and logged into Treasury Direct to poke around. I was browsing some of my previous purchases and am confused how two EE bonds purchased one month apart can have such different values. These were initially paper bonds converted to online holdin...
by anon_investor
Tue Apr 20, 2021 10:00 am
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 109
Views: 6222

Re: How Long Would You Stay in a Boring Government Job?

I initially had a much longer post typed up, but basically it comes down to this. I have two jobs -- one that is meh but very easy (City government) and one that I love (my solo practice). The city government job pays $65,000/year; good healthcare; good benefits; $16,000 contributed by employer to ...
by anon_investor
Tue Apr 20, 2021 9:43 am
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 1107
Views: 92214

Re: First 20% of bonds in long-term Treasuries

I’m interested in potentially adding long term treasuries but I have the following mental problems I can’t seem to get over: 1). I’m not convinced the negative correlations vs. equities will hold because it seems like it’s different this time with rates so low. 2). It doesn’t seem like a smart inve...
by anon_investor
Tue Apr 20, 2021 9:41 am
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 63
Views: 5574

Re: Any Reason to NOT max out I Bonds and EE Bonds

Is there a risk that the 20 year doubling period of EE bonds could be changed in the future? If so, could this be retroactive? I don’t mean to speculate on future rules, I am just trying to understand if this is an added risk that Ibonds don’t have? This is highly unlikely, at least for any EE Bond...
by anon_investor
Tue Apr 20, 2021 9:38 am
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 126
Views: 14888

Re: I Bonds variable rate @ 3.54% in May

I'm a year and a half from retirement, but that isn't why I purchased them. We had a CD mature that was paying 3+% and couldn't find that rate in another "safe" place for holding part of the emergency fund that we wouldn't need right away. It was at about 1.68% when I purchased the IBond....
by anon_investor
Tue Apr 20, 2021 8:17 am
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 63
Views: 5574

Re: Any Reason to NOT max out I Bonds and EE Bonds

I like I Bonds (I use them as the 2nd tier of my EF but count them as part of my fixed income allocation). I don't like the 20 year holding period needed for EE Bonds to double in value, effectively making them a 20 year CD with a steep early withdrawal penalty. If I have to hold something for at le...
by anon_investor
Mon Apr 19, 2021 5:08 pm
Forum: Investing - Theory, News & General
Topic: Starting a test going forward: Motley Fool versus index fund
Replies: 23
Views: 3010

Re: Starting a test going forward: Motley Fool versus index fund

nisiprius wrote: Mon Apr 19, 2021 10:55 am Image
That chart looks like we are headed to reversion to the mean...
by anon_investor
Mon Apr 19, 2021 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: When is a lawyer needed for creating a will?
Replies: 24
Views: 1914

Re: When is a lawyer needed for creating a will?

JSparks wrote: Mon Apr 19, 2021 3:58 pm When is a lawyer needed for creating a will?
Always. If you need a will, get it done right, or don't bother at all, since a defective will is like not having one at all.
by anon_investor
Mon Apr 19, 2021 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Allure of a HSA?
Replies: 20
Views: 1567

Re: Allure of a HSA?

BlueCable wrote: Mon Apr 19, 2021 3:03 pm My company only offers high deductible plans.
+1.
by anon_investor
Mon Apr 19, 2021 1:22 pm
Forum: Personal Consumer Issues
Topic: Facemask Recommendations?
Replies: 45
Views: 2908

Re: Facemask Recommendations?

Any of the cheap surgical masks work as well as an N95 for this, *if* you can get it to seal against your face. That’s what double masking is about. Use a 20 cent surgical mask (we get them by the box at Costco, but in the US they’re for sale everywhere), then cover it with a tight fitting cloth ma...
by anon_investor
Mon Apr 19, 2021 8:14 am
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3169

Re: Shift some emergency funds to I bonds for 3.54% interest?

It has been a while since I last bought I bonds (Is there a minimum one year holding period? I forget). Wouldn't it be possible to redeem early February 2022 and get that same return in nine months? I Bonds are totally locked down and un-cashable until the beginning of the twelfth month after issue...