Search found 1932 matches

by FelixTheCat
Thu Jan 21, 2021 8:26 pm
Forum: Investing - Theory, News & General
Topic: How to stay invested in a surging market
Replies: 56
Views: 4715

Re: How to stay invested in a surging market

I recall seeing John Bogle (a few years ago) on CNBC saying that he thought investors rebalanced too often. He suggested that instead of rebalancing at 5% they do it around 10%. “We also did an earlier study of all 25-year periods beginning in 1826 (!), using a 50/50 US stock/bond portfolio, and fo...
by FelixTheCat
Wed Jan 20, 2021 6:32 pm
Forum: Investing - Theory, News & General
Topic: How to stay invested in a surging market
Replies: 56
Views: 4715

Re: How to stay invested in a surging market

It is relatively easy if you have a written plan ahead of time of when to sell. Is that what you are asking? Or are you asking how to violate your plan? May I ask what is your plan to take stock profits and buy more bonds? I went 50/50 when I considered retiring about a year+ ago. Due to the market...
by FelixTheCat
Tue Jan 19, 2021 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Phone Scammer: "Read Letter Out Loud"???
Replies: 27
Views: 3415

Re: Phone Scammer: "Read Letter Out Loud"???

This is why I
1) Froze my accounts at the credit agencies
2) Have Silence Unknown Callers on my phone
3) Have RoboKiller on my phone
by FelixTheCat
Tue Jan 19, 2021 3:01 pm
Forum: Investing - Theory, News & General
Topic: New to Stock Investing
Replies: 5
Views: 358

Re: New to Stock Investing

I'm curious. There is small, mid and large cap stocks. Growth and value stocks. There are eleven sectors in the S&P 500. Do you have a specific plan or would you simply dart board it? The reason I ask is I have an M1 account that sits idle. I wanted to invest in individual stocks (small amount) ...
by FelixTheCat
Thu Jan 14, 2021 4:03 pm
Forum: Personal Investments
Topic: How to payoff and still protect a sibling's home
Replies: 30
Views: 2011

Re: How to payoff and still protect a sibling's home

We would like to payoff a sibling's home, however, he is a poor money manager and we fear he will just go out and borrow on it once again. We have been through this before. Every time I hear "poor money manager" I think BUDGET. Teach your sibling how to live within their means. If you wan...
by FelixTheCat
Wed Jan 13, 2021 6:41 pm
Forum: Personal Investments
Topic: 401k and savings questions for non-conventional job
Replies: 10
Views: 476

Re: 401k and savings questions for non-conventional job

I have a Solo Traditional 401k and a Roth 401K. I max out my Roth with employee contributions first. Then I max out my Traditional 401K with employer contributions. In both accounts I invest in Total Stock Market index. I use Vanguard as my 401K provider https://investor.vanguard.com/small-business-...
by FelixTheCat
Wed Jan 13, 2021 1:58 pm
Forum: Investing - Theory, News & General
Topic: Case for international
Replies: 40
Views: 2936

Re: Case for international

Bogle and Buffett did not endorse international. I'm going with their advice.
by FelixTheCat
Wed Jan 13, 2021 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Credit Card: Update on Any Issues or Experiences
Replies: 72
Views: 5278

Re: Fidelity 2% Credit Card: Update on Any Issues or Experiences

My Fidelity Rewards automatically post to my brokerage account. I use the rewards money to buy more S&P 500.
by FelixTheCat
Mon Jan 11, 2021 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Saving/Investing for Young Child
Replies: 29
Views: 1845

Re: Saving/Investing for Young Child

Taxable brokerage account in your name. You pay the taxes on interest and capital gains. You keep control of the money in case the little darling isn't ready for the $$$. Vanguard S&P 500 Index or Vanguard Total Stock Market Index. Buy the ETF version if you don't have the $3K minium. Hey Felix...
by FelixTheCat
Fri Jan 08, 2021 1:29 pm
Forum: Personal Investments
Topic: No Match 401K Question
Replies: 9
Views: 452

Re: No Match 401K Question

Here's a post on investing order https://www.bogleheads.org/wiki/Priorit ... nvestments

Have you read the post on the three fund portfolio?
by FelixTheCat
Thu Jan 07, 2021 2:37 pm
Forum: Personal Investments
Topic: Managing Parent's Finances
Replies: 14
Views: 911

Re: Managing Parent's Finances

Show your Dad the Bogleheads site. Teach him how to invest. Let him move the accounts if he wants.
by FelixTheCat
Tue Jan 05, 2021 1:45 pm
Forum: Personal Investments
Topic: Why max 401k before 529?
Replies: 181
Views: 10394

Re: Why max 401k before 529?

You can't get a grant or loan for retirement.
by FelixTheCat
Tue Jan 05, 2021 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance premiums
Replies: 7
Views: 498

Re: Health insurance premiums

I pay $700 a month for one healthy adult male.
by FelixTheCat
Tue Jan 05, 2021 1:42 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin, Starbucks or Doordash?
Replies: 59
Views: 3310

Re: Bitcoin, Starbucks or Doordash?

I spent two weeks with Grubhub when I had covid.
by FelixTheCat
Thu Dec 31, 2020 7:07 pm
Forum: Investing - Theory, News & General
Topic: Rollover IRA to Roth Conversion - Calculators say it's not worth it
Replies: 6
Views: 603

Re: Rollover IRA to Roth Conversion - Calculators say it's not worth it

See Roth IRA conversion - Bogleheads . We have a version of the tool shown there. Along with an estimate for future marginal tax rates, that is what we use to guide conversion amounts each year. Are you talking about the spreadsheet created by BigFoot48? If so, I don't see the link. Forum member Bi...
by FelixTheCat
Thu Dec 31, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Rollover IRA to Roth Conversion - Calculators say it's not worth it
Replies: 6
Views: 603

Rollover IRA to Roth Conversion - Calculators say it's not worth it

I've read the wiki and I've read the posts mentioning rollover ira. I have a Rollover IRA from my decades at Mega Corp. I am trying to figure out if I should convert some of my rollover ira to a Roth. I've run my scenario through three different calculators and they all say it's not worth converting...
by FelixTheCat
Wed Dec 30, 2020 3:58 pm
Forum: Personal Investments
Topic: Solo 401K Deadline Sanity Check
Replies: 14
Views: 448

Re: Solo 401K Deadline Sanity Check

Here's what I found As long as you sign up for our Solo 401k by December 31, 2020, you will preserve the right to make Solo 401k contributions up until your business tax return deadline (including any timely filed extension) in 2021. You can contribute Employer and Employee contributions. Use this l...
by FelixTheCat
Wed Dec 30, 2020 1:45 pm
Forum: Personal Investments
Topic: What happened to Flagship Reps?
Replies: 85
Views: 6789

Re: What happened to Flagship Reps?

Has anyone figured out December is a brokerage firm's busy period?
by FelixTheCat
Tue Dec 29, 2020 7:27 pm
Forum: Personal Investments
Topic: How to invest $200k (from 2.25% cash out refinancing)?
Replies: 192
Views: 10946

Re: How to invest $200k (from 2.25% cash out refinancing)?

I wouldn't go into debt to invest.
by FelixTheCat
Tue Dec 29, 2020 2:47 pm
Forum: Personal Investments
Topic: 401k and leaving employer
Replies: 19
Views: 917

Re: 401k and leaving employer

Misenplace wrote: Wed Dec 23, 2020 9:00 pm If you want to do a back door Roth, it's preferred to not roll 401(k)'s into a Rollover IRA.
I thought a Backdoor Roth was allowed from non-deductible IRAs. 401Ks allow you to deduct your contributions from your income. Am I right?
by FelixTheCat
Mon Dec 28, 2020 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k profit sharing amount confusion
Replies: 2
Views: 152

Re: Solo 401k profit sharing amount confusion

I used the calculators for my employer contributions. The contribution amount was verified when I did my taxes via Turbotax.
by FelixTheCat
Wed Dec 23, 2020 5:18 pm
Forum: Personal Consumer Issues
Topic: What exactly are YOU doing in retirement?
Replies: 93
Views: 8650

Re: What exactly are YOU doing in retirement?

I took up hiking and photography.
I volunteer.
I'm getting another degree. I've always loved learning.
by FelixTheCat
Wed Dec 23, 2020 4:32 pm
Forum: Personal Investments
Topic: Was Vanguard High Dividend Yield ETF (VYM) the right choice?
Replies: 27
Views: 1858

Re: Was VYM the right choice?

I thought it made sense to start building a dividend stream of income to reduce how much we'd have to pull from our 401k and IRAs. I have the same strategy, I am still working and around a year from retirement. I've read many threads on income generation: CDs, Bonds, Dividend paying stocks. I wish ...
by FelixTheCat
Wed Dec 23, 2020 3:48 pm
Forum: Personal Investments
Topic: Was Vanguard High Dividend Yield ETF (VYM) the right choice?
Replies: 27
Views: 1858

Re: Was VYM the right choice?

I'm curious. Why did you choose VYM? I set up an account for retirement income and thought monthly distributions instead of quarterly. I went with Vanguard's income series recommendation. Take a look at this link https://advisors.vanguard.com/iwe/pdf/FASINVMP.pdf Here's a thread discussing yield htt...
by FelixTheCat
Tue Dec 22, 2020 4:00 pm
Forum: Personal Investments
Topic: Which appreciated stocks to donate??
Replies: 14
Views: 595

Re: Which appreciated stocks to donate??

Open up a DAF and fund it with any portion of the stocks with the large unrealized gains. Then spread out your DAF grants across multiple years as you see fit. Rinse and repeat. Here's an example of a Donor Advised Fund (DAF). https://www.fidelitycharitable.org/ There's no minimum to open a Fidelit...
by FelixTheCat
Tue Dec 22, 2020 2:07 pm
Forum: Personal Investments
Topic: VG is nagging about transitioning account
Replies: 166
Views: 12735

Re: VG is nagging about transitioning account

buhlaxtus wrote: Thu Dec 17, 2020 8:54 pm I did this some time ago and it was not a big deal.
+1
by FelixTheCat
Tue Dec 22, 2020 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Our Mortgage or Invest Heavily?
Replies: 51
Views: 5461

Re: Pay Off Our Mortgage or Invest Heavily?

I worked for mega corp. Over a six year period the company laid off 85% of the personnel. People were living in absolute fear because they didn't have a plan. I paid off my house early. Then I took the mortgage payment and accelerated my investing. When my day came, I just smiled. Life happens. IF y...
by FelixTheCat
Mon Dec 21, 2020 4:56 pm
Forum: Investing - Theory, News & General
Topic: What long-term real return do you now expect?
Replies: 86
Views: 7840

Re: What long-term real return do you now expect?

Okay. The answer to the ultimate question of life, the universe, and everything is...

[wild cheers from audience, then silence]

42.
by FelixTheCat
Mon Dec 21, 2020 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution Limits - Is this correct?
Replies: 9
Views: 379

Re: Solo 401k Contribution Limits - Is this correct?

I max my Solo Roth 401K for employee contributions. Then I calculate and max my Solo Traditional 401K for employer contributions. Here are the details on max contributions https://investor.vanguard.com/small-business-retirement-plans/individual-solo-401k Who can participate Self-employed individuals...
by FelixTheCat
Mon Dec 21, 2020 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k Contribution Limits - Is this correct?
Replies: 9
Views: 379

Re: Solo 401k Contribution Limits - Is this correct?

Fidelity used to have a nice calculator. The link I normally use is replaced by a Fidelity PDF.

This one seems accurate. https://www.bcmadvisors.com/solo-401k-calculator
by FelixTheCat
Wed Nov 25, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: Silliest Investment Mistakes?
Replies: 171
Views: 13963

Re: Silliest Investment Mistakes?

Not investing in Bogle's S&P 500 fund since it's inception.
by FelixTheCat
Tue Nov 24, 2020 2:37 pm
Forum: Personal Investments
Topic: How did you determine your asset allocation?
Replies: 38
Views: 2192

Re: How did you determine your asset allocation?

I determined my AA based on fear. In the stock market crash of 2009 I saw stocks drop by 37% and I sold at the bottom. Not a good Boglehead move. I made some changes. A short-term bond fund to use in case the market tanks again so I don't have to sell stocks. The balance of my portfolio is 50/50. My...
by FelixTheCat
Mon Nov 23, 2020 4:46 pm
Forum: Personal Consumer Issues
Topic: What charity are you donating to this Christmas season?
Replies: 143
Views: 5894

Re: What charity are you donating to this Christmas season?

I consistently grant to the following charities through my DAF.

Feeding San Diego
Feeding America
Direct Relief
by FelixTheCat
Mon Nov 23, 2020 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use an accountant for personal taxes?
Replies: 146
Views: 9701

Re: Does anyone use an accountant for personal taxes?

I used to use a CPA. The CPA at work told me to enter the same data in TurboTax to compare. TurboTax had the same result at a lot cheaper price.
by FelixTheCat
Mon Nov 23, 2020 3:12 pm
Forum: Personal Investments
Topic: Recommendations on a DAF provider
Replies: 26
Views: 1850

Re: Recommendations on a DAF provider

Fidelity Charitable has no minimum balance to start the DAF. Charity grants have lower requirements too.
by FelixTheCat
Tue Nov 17, 2020 4:58 pm
Forum: Investing - Theory, News & General
Topic: Fed up With Flagship
Replies: 291
Views: 19962

Re: Fed up With Flagship

I've never needed my Flagship rep. I'm curious. What service(s) do you need?
by FelixTheCat
Tue Nov 17, 2020 2:00 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 210
Views: 21809

Re: Anyone here mostly cash in portfolio?

Since the March lows I've made a mistake of selling almost all of my equities. With everything up now, I realized I made a big mistake. Anyone in a similar situation and what did you end up doing? You have the wrong asset allocation since you got nervous and sold. Your AA should allow you to weathe...
by FelixTheCat
Tue Nov 17, 2020 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need to set aside cash for an emergency fund?
Replies: 13
Views: 946

Re: Do we need to set aside cash for an emergency fund?

I subscribe to Warren Buffett's philosophy: Have enough in short-term bonds so you don't half to sell stocks in a down market.
by FelixTheCat
Mon Nov 16, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: Tool to alert me to allocation changes for banded rebalancing?
Replies: 2
Views: 424

Re: Tool to alert me to allocation changes for banded rebalancing?

M1 Finance is the only place I know that monitors your allocations. It will invest new contributions and dividends in the ETFs you choose to keep your portfolio balanced.
by FelixTheCat
Thu Nov 12, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Your experience with making major changes in mid-life?
Replies: 38
Views: 4112

Re: Your experience with making major changes in mid-life?

I will probably just "wing it" for the first 6 to 12 months, maybe do something "fun" like sling brews at a microbrewery's taproom and/or volunteer at an animal shelter. One of the local universities in San Diego has a lot of retirees brewing beer. https://extension.ucsd.edu/cou...
by FelixTheCat
Thu Nov 12, 2020 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter ready to buy car on her own. Decent fico, not long history, pre-approval rate is high.
Replies: 65
Views: 3467

Re: Daughter ready to buy car on her own. Decent fico, not long history, pre-approval rate is high.

comehither2k18 wrote: Thu Nov 12, 2020 11:58 am Going for 36 months just on pre-approval app with navy fcu, rate comes in at 11.59.
That rate can't be right. My local credit union is around 1.3% https://www.calcoastcu.org/auto-loans/
by FelixTheCat
Tue Nov 10, 2020 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest DAF in 2020?
Replies: 27
Views: 1855

Re: Cheapest DAF in 2020?

pshonore wrote: Sun Nov 08, 2020 10:34 am Fido has no minimum to open an account - I believe Vanguard has a 25K minimum
I had to look it up. Fido used to be 5K minimum.

Go with Fidelity!
by FelixTheCat
Tue Nov 10, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: Starved & Searching for Yield???
Replies: 147
Views: 15219

Re: Starved & Searching for Yield???

That is a great link. It basically shows vanguard's choice in the question the OP asked. I wonder why they choose 1/3rd total market and 2/3rd high dividend yield though. My initial thought was to be 50% high yield and 50% total market, but I see I am allowed to go even more towards high yield :hap...
by FelixTheCat
Tue Nov 10, 2020 1:53 pm
Forum: Investing - Theory, News & General
Topic: Starved & Searching for Yield???
Replies: 147
Views: 15219

Re: Starved & Searching for Yield???

I have a brokerage account that pays monthly dividends. I plan on using the dividends in retirement. I wish Bogleheads had an income portfolio to live off dividends. The only thing I have found is the Income Series suggestion by Vanguard. https://advisors.vanguard.com/iwe/pdf/FASINVMP.pdf P.S. Pleas...
by FelixTheCat
Tue Nov 10, 2020 1:43 pm
Forum: Personal Investments
Topic: Divorce + 4 yrs Financial Recovery
Replies: 29
Views: 6010

Re: Divorce + 4 yrs Financial Recovery

Objectives : 2. Pay off house (again...) sometime in 2022. 3. (Re...) Start a taxable investment account once the debts are squared away. _______________________________________________________________ Questions : 4. I'm struggling to assess risk. Anxiety is high and I don't know why. On the one ha...
by FelixTheCat
Mon Nov 09, 2020 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Help with mom's inheritance
Replies: 28
Views: 2771

Re: Help with mom's inheritance

To me, this is the issue. There is a step up in cost basis when your grand father passes away. Before his passing, does Mom have to pay the capital gains from highly appreciated assets? Do we know this? What makes you conclude there is a new basis? Gill In California, there is a step up in cost bas...
by FelixTheCat
Mon Nov 09, 2020 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Help with mom's inheritance
Replies: 28
Views: 2771

Re: Help with mom's inheritance

My mom’s mom past away when my mother was little, and a sizeable trust was set up in her dad’s (my grandfather’s) name after her passing. To me, this is the issue. There is a step up in cost basis when your grand father passes away. Before his passing, does Mom have to pay the capital gains from hi...