Search found 1378 matches

by Dude2
Fri Apr 16, 2021 7:26 am
Forum: Personal Investments
Topic: No Bonds - How risky am I?
Replies: 41
Views: 3175

Re: No Bonds - How risky am I?

I follow booglhead investing, except for bonds, and stay the course. I'd like to explore that a little... What do you think Boglehead investing says about bonds? I think the asset allocation decision is made by the investor. If 0% bonds is the decision, there's nothing anti-Boglehead about that. Al...
by Dude2
Fri Apr 16, 2021 6:05 am
Forum: Investing - Theory, News & General
Topic: TIPS yield curve has dramatically steepened. Why? What does this mean for investors?
Replies: 17
Views: 1938

Re: TIPS yield curve has dramatically steepened. Why? What does this mean for investors?

Investors seem to be expecting that recent actions could cause a short-term boost in inflation but that long-term structural trends suggest that inflation will be tame over the next several decades. Sorry, trying to connect the dots here. Mr. Flinstone is describing a yield curve that is paying bet...
by Dude2
Fri Apr 16, 2021 5:37 am
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 223
Views: 12015

Re: What’s the problem with dividends?

Some--like SCHD--have experienced both growth and nice dividends. Google it, and I'll think you'll be pleasantly surprised. Take risk, receive reward, but don't put on a blindfold, believing that the fund has attributes that somehow make it safer. That fund holds 100 large value companies. If that'...
by Dude2
Thu Apr 15, 2021 4:23 am
Forum: Investing - Theory, News & General
Topic: For a 40/60 Allocation, what would you choose ?
Replies: 33
Views: 3446

Re: For a 40/60 Allocation, what would you choose ?

Since nobody said it (I don't think), anything greater than x percentage of bonds might want to consider TIPS -- the idea being that you are more exposed to unexpected inflation risk. Target Retirement funds, for example, start adding TIPS when the overall fund holds greater than 40% bonds. For that...
by Dude2
Thu Apr 15, 2021 3:51 am
Forum: Investing - Theory, News & General
Topic: What’s the problem with dividends?
Replies: 223
Views: 12015

Re: What’s the problem with dividends?

The fundamentals have been addressed above. You can also add that nobody said all dividends would be qualified, that's an assumption. If not qualified, the dividend is interest paid at your income tax rate. One of the reasons for posters being anti-dividend is simply to counter the pro-dividend lobb...
by Dude2
Tue Apr 13, 2021 9:25 am
Forum: Investing - Theory, News & General
Topic: Cons of i bonds?
Replies: 113
Views: 11803

Re: Cons of i bonds?

With March 2021 CPI-U of 264.877, the new composite rate will be 3.54% with fixed rate of zero. Woo hoo! P.s. 264.877 - 260.280 = 4.597 / 260.280 = 1.77% x 2 = 3.54% https://www.bls.gov/news.release/pdf/cpi.pdf WOW WOW WOW! Those are EE Bond levels!!! I am definitely going to hold off my annual pur...
by Dude2
Mon Apr 12, 2021 11:10 am
Forum: Personal Consumer Issues
Topic: Would (did) you preemptively replace your Roof Shingles
Replies: 51
Views: 3469

Re: Would you preemptively replace your Roof

I was drawn to this thread because of the terminology that I typically don't hear, but plenty of other posters seem to be using the same jargon. Where I live, we replace our shingles. To replace a roof, to me, implies replacing the wood of the roof along with the shingles or whatever other kind of c...
by Dude2
Mon Apr 12, 2021 8:33 am
Forum: Personal Consumer Issues
Topic: Comfortable Men's Flip Flops?
Replies: 59
Views: 4359

Re: Comfortable Men's Flip Flops?

BruinBones wrote: Sun Apr 11, 2021 6:49 pmYou might even want to consider seeing a Pedorthotist or Podiatrist for custom fitting and recommendations.
Good advice. When I went to a Podiatrist for a toenail, I noticed they had a display that included various flip-flop varieties.
by Dude2
Wed Apr 07, 2021 2:45 pm
Forum: Personal Investments
Topic: FZROX vs FSKAX
Replies: 29
Views: 2568

Re: FZROX vs FSKAX

David Jay wrote: Wed Apr 07, 2021 2:33 pm Actually, you aren't paying double, you are paying infinitely more expense with FSKAX. Do the math...:wink:
I can't afford that.
by Dude2
Wed Apr 07, 2021 1:10 pm
Forum: Personal Investments
Topic: FZROX vs FSKAX
Replies: 29
Views: 2568

Re: FZROX vs FSKAX

If I was going to pay double in expenses for a fund, then somebody better do some justification of what makes the "special sauce".
by Dude2
Wed Apr 07, 2021 5:05 am
Forum: Personal Investments
Topic: Large roth conversion -tax hit timing/strategies
Replies: 10
Views: 1373

Re: Large roth conversion -tax hit timing/strategies

Sounds to me like a person in the category of "will be in the same or higher tax bracket in retirement than while working" in which case for that person Roth conversions make sense, right? I'm saying regardless of what the entity is that he wishes to convert, doing so now versus later mean...
by Dude2
Wed Apr 07, 2021 4:24 am
Forum: Investing - Theory, News & General
Topic: “Bogleheads’ Guide To Investing” Portfolios - 50% in TIPS?
Replies: 25
Views: 3036

Re: “Bogleheads’ Guide To Investing” Portfolios - 50% in TIPS?

If a person is even interested in bonds or TIPS, that person is probably interested in the notion of taking less risk with some of their retirement savings. (The majority believe that their risks in stocks will be compensated, and so they could care less about this.) For those of us that are risk-av...
by Dude2
Tue Apr 06, 2021 4:16 am
Forum: Personal Investments
Topic: Maxing out 401k, Roth IRA, emergency fund, and no debt... how should I save for a car and home in the short-term?
Replies: 10
Views: 1210

Re: Maxing out 401k, Roth IRA, emergency fund, and no debt... how should I save for a car and home in the short-term?

@dude2 - never heard of I bonds until now. Is there a reason you use these over HYSA, MM, or CDs? Here's the wiki article on I Bonds . They are highly recommended on this forum, especially for the purpose of building up an emergency fund. There are two main reasons they are better than a savings ac...
by Dude2
Sun Apr 04, 2021 8:18 am
Forum: Personal Investments
Topic: I bonds [Any downsides?]
Replies: 15
Views: 1287

Re: I bonds

Since the gains on the money grow tax-deferred, any competing fixed-income type of investment you held in taxable would have to pay a higher rate to compensate you for the tax drain. You know that I-Bonds will pay out at the CPI rate or greater (if fixed rate is non-zero). Going forward, are savings...
by Dude2
Sun Apr 04, 2021 8:06 am
Forum: Personal Investments
Topic: Maxing out 401k, Roth IRA, emergency fund, and no debt... how should I save for a car and home in the short-term?
Replies: 10
Views: 1210

Re: Maxing out 401k, Roth IRA, emergency fund, and no debt... how should I save for a car and home in the short-term?

I'd put it in HYSA or MM or short term bond index fund or direct CDs. On the other hand, I use I-Bonds to hold my money that I will expend prior to retirement for a car or home down payment. Of course, the $10k limit per year is a difficulty (and the "can't get the money for one year" fact...
by Dude2
Sun Apr 04, 2021 5:28 am
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10724

Re: Curious about negative expat experiences -- why don't more people do it?

In terms that people on a financial/investing forum can relate to, there are countries under the category Developed and then those that are Emerging. Comparing a Developed to another Developed is probably going to be a wash except in terms of how you as a non-citizen are going to be able to thrive. ...
by Dude2
Sat Apr 03, 2021 10:50 am
Forum: Personal Finance (Not Investing)
Topic: How much would you pay for $1000 in a Roth IRA?
Replies: 39
Views: 4427

Re: How much would you pay for $1000 in a Roth IRA?

Reading this thread and a couple of recent threads on the advantages of a Roth IRA compared to a traditional IRA makes me now realize that the difference in the two is small unless there is a big income tax differential between the time the Roth contribution is made and the time the withdrawal is t...
by Dude2
Sat Apr 03, 2021 5:19 am
Forum: Personal Finance (Not Investing)
Topic: Do I keep 2 vehicles or 1 vehicle?
Replies: 27
Views: 2773

Re: Do I keep 2 vehicles or 1 vehicle?

To me it is worth something to have a "backup". Having a truck, in general, even if rarely used, especially if bought at a discount, is an amazing tool. Having to rent a truck when needed is far costlier. One can probably put the truck on the insurance as being driven 1 mile a week or some...
by Dude2
Sat Apr 03, 2021 5:00 am
Forum: Personal Finance (Not Investing)
Topic: How much would you pay for $1000 in a Roth IRA?
Replies: 39
Views: 4427

Re: How much would you pay for $1000 in a Roth IRA?

It is not just about the LTCG rate. Even if LTCG tax rate remains constant, there are many other factors that can make an indirect tax impact when you sell securities in taxable. By contrast, Roth distributions do not affect AGI, they do not cause cliff effects (e.g., for ACA or IRMAA), they do not...
by Dude2
Fri Apr 02, 2021 5:34 am
Forum: Personal Consumer Issues
Topic: Mulch from Costco or Lowes
Replies: 41
Views: 4172

Re: Mulch from Costco or Lowes

Speaking as a FL person here, so bear that in mind. I didn't see it mentioned above. One needs to be wary of buying mulch "off the back of a truck". In my area we get people that go around in the neighborhood with their truck full and offer to sell it/spread it for you. Generally, these pe...
by Dude2
Thu Apr 01, 2021 7:08 am
Forum: Personal Finance (Not Investing)
Topic: $1M / $5M Geico Umbrella Policy in Florida: Are These Numbers Insane?
Replies: 40
Views: 3499

Re: $1M / $5M Geico Umbrella Policy in Florida: Are These Numbers Insane?

Geico, Florida Space Coast, $1 MM, annual cost = $200. I own one home w two cars, no boats, no personal watercraft. Auto limits adjusted to the minimum they force you to have to be able to carry umbrella. Therefore, you could look at this as pretty bare-bones, lowest number.
by Dude2
Thu Apr 01, 2021 4:18 am
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10724

Re: Curious about negative expat experiences -- why don't more people do it?

What exactly do you need to buy? Is there just an empty room and you need to buy not just the stove and fridge but also sink and cupboards? Everything. Appliances, sink, cupboards. It's very modular, often sold as a unit. Appliances of course are of a standard size so they can be replaced. Oh and i...
by Dude2
Wed Mar 31, 2021 4:51 pm
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10724

Re: Curious about negative expat experiences -- why don't more people do it?

Hmm. Ok, it's going to be very related to where. There isn't going to be a universal positive or negative. In general, the true expat thing only works in your favor if you (as mentioned upthread) completely divest yourself from any strings that tie you to your home country. You don't want to maintai...
by Dude2
Wed Mar 31, 2021 5:24 am
Forum: Personal Consumer Issues
Topic: Mail to IRS--Certified
Replies: 74
Views: 5187

Re: Mail to IRS--Certified

<t>I'd be interested to understand what goes on behind the scenes. I did certified mail with electronic return receipt for two items, one a 1041 to Ogden, Utah, and one a 1040 to Austin, Texas. The Utah arrived within a week. The Austin one still in limbo after three weeks. In my mind I picture that...
by Dude2
Wed Mar 31, 2021 5:05 am
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 497
Views: 88406

Re: Good Modern Science Fiction

Chiming in to agree with at least 5 posters that the Passage series by Justin Cronin is a strong choice, especially in this COVID world. Smartly, you can get the first book on Kindle for $3.99. They draw you in with that. It must be 1000 pages, so well worth the money. Decide if you want to continue...
by Dude2
Wed Mar 24, 2021 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Need career suggestions for adult son
Replies: 72
Views: 6650

Re: Need career suggestions for adult son

Take him to go see a military recruiter. Maybe something there would be interesting and get him on a career path. Please, no. Any elaboration? Ok, I'll take a shot. Why on Earth would we consider a person with artistic ability as being right for the military? No disrespect intended, but what does t...
by Dude2
Wed Mar 24, 2021 4:29 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12322

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

Debbie Downer might say that engineering school is essentially a weeding out process and a way to illustrate that an individual can grasp difficult concepts, put things together coherently in their mind, know when it's right to do (a) versus (b), work long hours solving problems, etc. In then end, t...
by Dude2
Wed Mar 24, 2021 4:17 am
Forum: Personal Finance (Not Investing)
Topic: Need career suggestions for adult son
Replies: 72
Views: 6650

Re: Need career suggestions for adult son

navyasw02 wrote: Wed Mar 24, 2021 4:09 am
GreendaleCC wrote: Tue Mar 23, 2021 10:18 pm
navyasw02 wrote: Tue Mar 23, 2021 4:58 am Take him to go see a military recruiter. Maybe something there would be interesting and get him on a career path.
Please, no.
Any elaboration?
Ok, I'll take a shot. Why on Earth would we consider a person with artistic ability as being right for the military?
by Dude2
Wed Mar 24, 2021 4:05 am
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15284

Re: What do most people do with a 401K upon retirement if they dont need it?

Really excellent post. Wish I could find that kind of clarity. In addition none of the folks on this forum are trying to sell anybody anything. Perhaps if they were, chassis would get a different kind of response. The best you can expect are helpful comments that point you in the right direction. I...
by Dude2
Tue Mar 23, 2021 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Need career suggestions for adult son
Replies: 72
Views: 6650

Re: Need career suggestions for adult son

It's a great time to enter construction trades. The workforce was gutted by the great recession. Meanwhile, demand is skyrocketing. Way more jobs than candidates. Lots of musicians and artists work the trades and gig/create on days off. Only minimal interpersonal skills are required as long as you ...
by Dude2
Tue Mar 23, 2021 6:30 am
Forum: Personal Investments
Topic: Considering $1M conversion from TIRA to my Roth. Talk me out of it!
Replies: 58
Views: 4600

Re: Considering $1M conversion from TIRA to my Roth. Talk me out of it!

One of the many takeaways of the Bogleheads forum is to pick a plan and stick to it, not to react emotionally. What does your IPS say? If you want to make a change, don't make a drastic change. Write out your plan, put the reasoning behind it, and then implement it over time. Do you expect tax rates...
by Dude2
Mon Mar 22, 2021 1:58 pm
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15284

Re: What do most people do with a 401K upon retirement if they dont need it?

@teen persuasion Thanks. We agree on two things: 1. Roth conversions are not universally advantageous 2. Roth conversions can be advantageous The question remains - under which conditions and to what extent are Roth conversions advantageous? The answer needs to include dollars, percentages and age ...
by Dude2
Sun Mar 21, 2021 6:39 am
Forum: Personal Investments
Topic: What do most people do with a 401K upon retirement if they dont need it?
Replies: 169
Views: 15284

Re: What do most people do with a 401K upon retirement if they dont need it?

Let it ride. And be prepared for RMDs as previously mentioned. You will see mentions of Roth conversions. I view them as gimmicky and unnecessary. The stated gain from Roth conversions, if this information can be squeezed out of the posters, is tiny in the big picture. The juice isn't worth the squ...
by Dude2
Sat Mar 20, 2021 9:34 am
Forum: Investing - Theory, News & General
Topic: Logical fallacies on Bogleheads
Replies: 23
Views: 1947

Re: Logical fallacies on Bogleheads

The one I try to correct the most involves this notion that a total market bond index fund contains the companies with the most debt in largest proportion; therefore, why would anybody want to invest in something that represents a fund of the biggest debtors out there? On this forum, step one should...
by Dude2
Sat Mar 20, 2021 9:06 am
Forum: Investing - Theory, News & General
Topic: Account restricted due to 3 good faith violation
Replies: 31
Views: 5041

Re: Account restricted due to 3 good faith violation

Your example is of a good faith violation. I believe a free ride violation would occur from a buy, sell, buy, sell all with unsettled funds which is an immediate 90 day cash restriction, a fed rule not your broker’s. Either your broker is pretty strict, because you typically get several good faith ...
by Dude2
Sat Mar 20, 2021 6:53 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12322

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

- WPI, RPI will have a higher graduation rate, a testament to how much they support their students. If the student is determined and independent does not matter much. This 100%. My daughter was accepted at WPI and a bunch of other schools. The scholarships WPI offered made the cost comparable to th...
by Dude2
Sat Mar 20, 2021 6:45 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12322

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

4) There is nothing to stop your son from summer internship during high school. KlangFool To piggy-back on KlangFool's post, corporations love this internship thing. Where I live, Northrop Grumman actually puts their interns in for a SECRET clearance (because essentially anybody that works there ne...
by Dude2
Sat Mar 20, 2021 6:39 am
Forum: Investing - Theory, News & General
Topic: Account restricted due to 3 good faith violation
Replies: 31
Views: 5041

Re: Account restricted due to 3 good faith violation

These weren't day trades. More of a mistake in portfolio positioning that I corrected (sold) without thinking twice about it. May I ask what you did that caused the problem? Was it multiple buys and sells with the same fund? Thanks It was selling an ETF before settlement of the original purchase. O...
by Dude2
Fri Mar 19, 2021 2:12 pm
Forum: Investing - Theory, News & General
Topic: Account restricted due to 3 good faith violation
Replies: 31
Views: 5041

Re: Account restricted due to 3 good faith violation

When this topic is discussed, I recall reading that having a margin account at Vanguard did not solve the problem. It might at other brokers, but Vanguard treats your margin account as separate (or something) and you can't use it to cover your free rides. I don't know what I'm talking about, but jus...
by Dude2
Fri Mar 19, 2021 9:53 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12322

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

Thank you. Nice to hear something optimistic regarding quality of US technical talent, that things are improving. (Also good point about giving undergrads TLC). I went to a state school, but they were smart enough to put money into engineering majors. Perhaps at WPI, etc. you could have one oscillo...
by Dude2
Fri Mar 19, 2021 9:29 am
Forum: Personal Finance (Not Investing)
Topic: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too
Replies: 211
Views: 12322

Re: National Reputation of Worcester Polytechnic Institute (WPI)? other input welcome too

Naysayer here. I've worked with engineers from WPI and RIT. Outside of of that general geographical region NOBODY has ever heard of either of them and could care less if there is meant to be some kind of special asterisk that needs to go by their name for having attended. (I would say the same for C...
by Dude2
Fri Mar 19, 2021 4:54 am
Forum: Personal Investments
Topic: Should I put my Bond asset allocation all in my 401(k)?
Replies: 7
Views: 837

Re: Should I put my Bond asset allocation all in my 401(k)?

Stocks belong in taxable, bonds belong in tax-deferred is the general rule of thumb. Start with your 401k at your desired asset allocation, then, as you are able to, buy stocks in taxable and reduce your stock portion in 401k. There's really too much to go into without making a super long post, and ...
by Dude2
Thu Mar 18, 2021 5:45 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 364
Views: 26131

Re: Received 3rd stimulus check 3/12/21

Your W-2 has nothing to do with it. They use your tax return to determine eligibility. Thanks. I'm kind of in the question mark over my head, shoulder shrug phase. I can tell you that my income has been monotonically increasing, but what's weird about my situation is the Foreign Earned Income Exclu...
by Dude2
Wed Mar 17, 2021 10:41 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 364
Views: 26131

Re: Received 3rd stimulus check 3/12/21

rage_phish wrote: Wed Mar 17, 2021 9:52 am Got that $$$$

Next up, monthly child tax credit payments

Bout time these lids starting having some ROI
Reminds of the Alaska oil credit thing that every resident receives. The more kids, the greater the $ for dad/mom. https://en.wikipedia.org/wiki/Alaska_Permanent_Fund
by Dude2
Wed Mar 17, 2021 8:14 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 364
Views: 26131

Re: Received 3rd stimulus check 3/12/21

Do you get a late end of the year bonus that impacts your W-2? In my case, it's just a bunch of complications that involve the company paying for my overseas housing, car rental, etc. It is seen for tax purposes as income, but it is not money I receive. It takes accountants some time to figure it a...
by Dude2
Wed Mar 17, 2021 6:54 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 364
Views: 26131

Re: Received 3rd stimulus check 3/12/21

Interesting, we are not eligible, but I will tell my parents and in-laws to check their accounts. Yes, same here, not eligible. Did not receive for 2020. Nevertheless, got $2800 on 3/17. I'm sure that when I do my 2021 taxes, it will make me put in what I received and dutifully take it back. In my ...
by Dude2
Wed Mar 17, 2021 5:41 am
Forum: Investing - Theory, News & General
Topic: Investing at the very top in 2000 has still made one 7% a year over the past 21 years
Replies: 148
Views: 12330

Re: Investing at the very top in 2000 has still made one 7% a year over the past 21 years

Correct me if I'm wrong, but let's just remember that "in those days" buying stock was difficult and expensive. I had to do so through a broker. I had to pay some commission to do it. I would have been motivated to buy a minimum amount of shares. Dividends were probably mailed to me by che...
by Dude2
Wed Mar 17, 2021 5:15 am
Forum: Personal Investments
Topic: How much do you weigh your homes value in your retirement portfolio?
Replies: 106
Views: 8341

Re: How much do you weigh your homes value in your retirement portfolio?

A) Let's say I have a paid off house (Yay for me), and, since I don't have that monthly mortgage payment, I could see it as a bond, i.e. I would normally need to pay x a month, now I don't, therefore, paid off house is a bond with invisible coupon of x a month. So, clearly there is value in this. B)...
by Dude2
Wed Mar 17, 2021 4:24 am
Forum: Personal Finance (Not Investing)
Topic: How do you tell if you should be making charitable contributions to reduce taxes?
Replies: 33
Views: 3332

Re: How do you tell if you should be making charitable contributions to reduce taxes?

I used a simple spreadsheet to forecast income & taxes since as aristotelian pointed out "If you are committed to a certain level of charity, you can think about how to do it most efficiently. That can be saving you money or maximizing your donation, depending on how you look at it." ...
by Dude2
Tue Mar 16, 2021 10:18 am
Forum: Investing - Theory, News & General
Topic: Investing at the very top in 2000 has still made one 7% a year over the past 21 years
Replies: 148
Views: 12330

Re: Investing at the very top in 2000 has still made one 7% a year over the past 21 years

The point of any negativity toward HomerJ's thread here is simply that there is no certainty, and it is foolish to pretend there is. Luck is a factor in all of our lives. Energy is finite, and what goes up comes down. You don't get something for nothing. Values matter, costs matter. In other words, ...