Search found 1244 matches

by Iorek
Tue Apr 13, 2021 1:26 pm
Forum: Personal Consumer Issues
Topic: Now may be a good time to renew your passport
Replies: 17
Views: 3818

Re: Now may be a good time to renew your passport

We renewed our Global Entry and it was very fast too. No interview required and we had our cards in 3 weeks! Did they reuse your old photo for your Global entry card? I'm up for renewal soon and I'm hoping for a new photo. I typically don't care but the photo looks so distorted that it makes the ID...
by Iorek
Sat Apr 10, 2021 2:31 pm
Forum: Personal Consumer Issues
Topic: Going from TSA PreCheck to Global Entry
Replies: 6
Views: 584

Re: Going from TSA PreCheck to Global Entry

Yes, it appears to be very random, with people reporting anywhere from a day to nine months or more from application to conditional approval (and then you need to schedule an interview). I think they are now giving 2 years for you to get an interview after conditional approval so I would probably go...
by Iorek
Wed Apr 07, 2021 10:39 pm
Forum: Personal Consumer Issues
Topic: What EV to buy for 20k-25k?
Replies: 63
Views: 5451

Re: What EV to buy for 20k-25k?

Look at the Costco Bolt deal— and even if you always buy and keep cars forever, consider a lease if the deal is too good to pass up.
by Iorek
Wed Apr 07, 2021 2:25 pm
Forum: Investing - Theory, News & General
Topic: What is your contrarian/alternative play?
Replies: 101
Views: 8585

Re: What is your contrarian/alternative play?

Hi everyone! I want to ask those Bogleheads, who have deviated away from the traditional 3-fund portfolio, what is your current contrarian/alternative asset play? For me personally, after doing a heavy dive into macroeconomics, I have started to allocated a minor portion to BTC and a slightly large...
by Iorek
Sat Apr 03, 2021 11:17 am
Forum: Personal Investments
Topic: Stick with BND in IRA?
Replies: 8
Views: 602

Re: Stick with BND in IRA?

livesoft wrote: Sat Apr 03, 2021 11:14 am No one can predict the future, but if you have access to a 5% stable value fund, then I would suggest putting all your BND money into that fund.
Who is offering a 5% stable value fund? Is that TIAA CREF thing or something?
by Iorek
Fri Apr 02, 2021 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Asking for more Merit aid? College decision day 5/1
Replies: 33
Views: 1730

Re: Asking for more Merit aid? College decision day 5/1

My view is if you know that school gives out merit aid and you plan to go somewhere else because of the lack of merit aid it would be fine to send them a note saying “we love your school but can’t come because this other school is more affordable” and see what happens. If lack of merit aid will keep...
by Iorek
Thu Apr 01, 2021 3:38 pm
Forum: Personal Consumer Issues
Topic: Duolingo
Replies: 41
Views: 3477

Re: Duolingo

I saw a review somewhere that duolingo consciously designed the program to err on the side of making gamified/fun vs enabling you to use a new language while you travel. Libraries often offer rosetta or mango which are focused a bit more on teaching conversational skills but have their own pros/cons.
by Iorek
Thu Apr 01, 2021 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: E - Bonds - Does anyone still buy them anymore???
Replies: 3
Views: 406

Re: E - Bonds - Does anyone still buy them anymore???

I think you will find that EE bonds have a lot of fans on this board (and others who don’t find them attractive).

A search will bring up a number of threads, but this is one of my favorites—

viewtopic.php?t=217081
by Iorek
Sun Mar 28, 2021 10:09 pm
Forum: Investing - Theory, News & General
Topic: cFIREsim has been revised and is super easy to use.
Replies: 186
Views: 15931

Re: cFIREsim has been revised and is super easy to use.

Just wanted to thank you again for all the info and updates! (and I did squash my impulse to ask about other asset classes because I think the current ease/simplicity of use is so fantastic :) ) :sharebeer
by Iorek
Sun Mar 28, 2021 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Owned a home, rented it for 2 years, then sold - Still owe tax?
Replies: 39
Views: 2832

Re: Owned a home, rented it for 2 years, then sold - Still owe tax?

Also as some people have indirectly explained, you have to pay tax on depreciation you could have taken, whether or not you actually took it.
by Iorek
Sun Mar 28, 2021 8:57 am
Forum: Personal Investments
Topic: The safest way to 7%?
Replies: 88
Views: 8327

Re: The safest way to 7%?

I’d probably save 3.5% and then do 60-70% total stock market index and the rest in bonds?
by Iorek
Wed Mar 24, 2021 2:57 pm
Forum: Personal Consumer Issues
Topic: Retention of Government Employee E-mails
Replies: 23
Views: 1787

Re: Retention of Government Employee E-mails

I am not employed by the federal government. However, if someone (a non-elected federal employee) with a .gov e-mail address were to send me an e-mail about a non-government related issue (non-official government business), how long would that e-mail be retained if the employee doesn't delete it? W...
by Iorek
Sun Mar 21, 2021 8:19 am
Forum: Investing - Theory, News & General
Topic: cFIREsim has been revised and is super easy to use.
Replies: 186
Views: 15931

Re: Cfiresim has been revised and is super easy to use.

May be a stupid question, but in cfiresim.com how do you calculate the number that goes in the "SS Annual Value ($):" field? Is it a monthly beginning benefit number from ssa.gov? Yeah, you're going to want to go to the "MySSA" section of ssa.gov, and it will give you benefits e...
by Iorek
Sun Mar 21, 2021 7:52 am
Forum: Investing - Theory, News & General
Topic: cFIREsim has been revised and is super easy to use.
Replies: 186
Views: 15931

Re: Cfiresim has been revised and is super easy to use.

Thanks very much Lauren! This is a great tool, and I (too) really appreciate how easy it is to use. I saw there is a button for "rebalance annually?" but I wasn't sure what the alternative to that is-- if that isn't checked is there no rebalancing ever or rebalancing on a more frequent bas...
by Iorek
Sun Mar 14, 2021 3:25 pm
Forum: Investing - Theory, News & General
Topic: I bonds or VBILX
Replies: 12
Views: 893

Re: I bonds or VBILX

I would probably do ibonds— or maybe split ibonds and ee bonds (I know you said FIRE in 10 years but if you plan on using some of the money while FIREd, in 20 years, the doubling of ee bonds would be pretty attractive)
by Iorek
Sun Mar 14, 2021 9:15 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 54
Views: 8879

Re: Thrift Savings Plan to Change I Fund Index

This has not been implemented and it is likely dead for the foreseeable future. There’s no legislation concerning it but the current set of commissioners doesn’t seem inclined to open the can of worms again. Interesting. I wonder if I should stop utilizing I funds then as it’s not really total inte...
by Iorek
Fri Mar 12, 2021 3:10 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 54
Views: 8879

Re: Thrift Savings Plan to Change I Fund Index

This has not been implemented and it is likely dead for the foreseeable future. There’s no legislation concerning it but the current set of commissioners doesn’t seem inclined to open the can of worms again. Interesting. I wonder if I should stop utilizing I funds then as it’s not really total inte...
by Iorek
Mon Mar 08, 2021 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: LTC insurance -- CNA proposes options to lower premium
Replies: 12
Views: 816

Re: LTC insurance -- CNA proposes options to lower premium

If the $2500 isn’t material to him (or him and you), and it sounds like if he has $1m in savings it isn’t, then I would not cut back now.
by Iorek
Fri Mar 05, 2021 8:54 pm
Forum: Personal Investments
Topic: iBond or High Yield Savings/MM
Replies: 8
Views: 912

Re: iBond or High Yield Savings/MM

The penalty is really de minimis although the 1 year thing is real (my calcs suggest that the early withdrawal penalty is $42 per $10k, although that may be wrong).
by Iorek
Fri Mar 05, 2021 8:52 pm
Forum: Personal Consumer Issues
Topic: Hyundai Kona EV experiences and lease opinions?
Replies: 12
Views: 1585

Re: Hyundai Kona EV experiences and lease opinions?

I do think that EV leases can be the exception to the rule that buying is better than leasing— I leased a car for 3 years for a total cost of something like $6000 and I loved it so I would say go for it.
by Iorek
Sat Feb 27, 2021 12:15 pm
Forum: Non-US Investing
Topic: Why does the Forum recommend International Stocks yet dismiss Gold?
Replies: 101
Views: 7313

Re: Why does the Forum recommend International Stocks yet dismiss Gold?

Because stocks are an investment with intrinsic value. Companies earn profits and stocks give you a share of those profits. Investing in stocks is investing in the profits of companies, their people, innovation, product lines, and technology. Gold is a shiny metal whose utility will be the same in ...
by Iorek
Fri Feb 26, 2021 7:31 am
Forum: Non-US Investing
Topic: Why does the Forum recommend International Stocks yet dismiss Gold?
Replies: 101
Views: 7313

Re: Why does the Forum recommend International Stocks yet dismiss Gold?

Because stocks are an investment with intrinsic value. Companies earn profits and stocks give you a share of those profits. Investing in stocks is investing in the profits of companies, their people, innovation, product lines, and technology. Gold is a shiny metal whose utility will be the same in ...
by Iorek
Tue Feb 23, 2021 10:45 pm
Forum: Personal Investments
Topic: Traditional TSP vs Roth TSP
Replies: 23
Views: 1682

Re: Traditional TSP vs Roth TSP

I would (and do) what you are doing— max traditional and do a Roth IRA on the side. But do you want to save more for retirement than you are currently saving? If so upping the Roth TSP contribution is a good way to do that (but I wouldn’t cut back contributions just to get it into the Roth).
by Iorek
Sat Feb 20, 2021 9:56 am
Forum: Investing - Theory, News & General
Topic: What's Wrong with Annuities?
Replies: 150
Views: 9766

Re: What's Wrong with Annuities?

An annuity is a poor investment at best, but they're just scams most of the time. You are the product, not the customer, with an annuity. Be very careful who is giving you advice on this forum. The are several people who are blatant annuity shills and half their posts are recommending annuities. Th...
by Iorek
Sun Feb 14, 2021 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: LTD ( long term disability) insurance for self employed software professional worth it ? ( brudude ? )
Replies: 16
Views: 1096

Re: LTD ( long term disability) insurance for self employed software professional worth it ? ( brudude ? )

I wouldn’t say I count as knowledgeable but my impression was getting ltd for any self-employed professional is pretty difficult.
by Iorek
Sat Feb 06, 2021 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Cheapest tax program for dependent with 1099-DIV?
Replies: 7
Views: 514

Re: Cheapest tax program for dependent with 1099-DIV?

If you have a state income tax, you may want to go thru free file links on the state tax website. I've had to start over after completing my federal taxes because the software wanted to charge me for the state return. I had mistakenly used the IRS link, instead of the state link, to begin, thinking...
by Iorek
Sat Feb 06, 2021 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Cheapest tax program for dependent with 1099-DIV?
Replies: 7
Views: 514

Re: Cheapest tax program for dependent with 1099-Div?

He should be eligible for the IRS free file program (turbotax and tax act both participate, although you may need to access it from the IRS site and not from the usual company site— TT got a lot of criticism for making the free program hard to find).
by Iorek
Sun Jan 31, 2021 5:16 pm
Forum: Personal Investments
Topic: roth vs traditional for new money investing
Replies: 8
Views: 524

Re: roth vs traditional for new money investing

Chances are good traditional would be better for you.
by Iorek
Sat Jan 30, 2021 2:43 pm
Forum: Personal Investments
Topic: Holding REITs in Roth IRA
Replies: 10
Views: 852

Re: Holding REITs in Roth IRA

No tax issues, but you are using 100% of what some might argue as your most "valuable" account space to make a bet on one sector. I'd spread the bet out into other accounts. Here's VNQ (real estate index) vs VTI (Total market), total market dramatically outperformed . https://www.portfoli...
by Iorek
Wed Jan 27, 2021 9:00 am
Forum: Personal Investments
Topic: Made a silly mistake on tax basis - can I fix on 8949?
Replies: 6
Views: 407

Re: Made a silly mistake on tax basis - can I fix on 8949?

How would you feel if you had done the transaction correctly and the IRS sent you a deficiency notice saying they’ve decided you actually sold the shares with short term gain?
by Iorek
Sun Jan 24, 2021 12:15 pm
Forum: Personal Investments
Topic: Still buying Bonds?
Replies: 68
Views: 7026

Re: Still buying Bonds?

I let my target retirement funds do what they are programmed to do so I don’t have to think about this.

In taxable I am splitting between ee and ibonds.
by Iorek
Sat Jan 23, 2021 5:48 pm
Forum: Personal Investments
Topic: Thoughts on Fidelity's new low-cost personal annuity?
Replies: 26
Views: 3839

Re: Thoughts on Fidelity's new low-cost personal annuity?

Doesn’t this essentially seem very much like a 401k? Tax deferral, ordinary income when you withdraw, generally higher expense ratios than you get on your own if you are careful? Do the critiques of using this also apply to any 401k offering funds with expense ratios above 25 bp? You generally cont...
by Iorek
Sat Jan 23, 2021 5:38 pm
Forum: Personal Investments
Topic: Thoughts on Fidelity's new low-cost personal annuity?
Replies: 26
Views: 3839

Re: Thoughts on Fidelity's new low-cost personal annuity?

Doesn’t this essentially seem very much like a 401k?

Tax deferral, ordinary income when you withdraw, generally higher expense ratios than you get on your own if you are careful?

Do the critiques of using this also apply to any 401k offering funds with expense ratios above 25 bp?
by Iorek
Thu Jan 21, 2021 10:08 pm
Forum: Personal Investments
Topic: Target date fund in 401k-what goes in taxable?
Replies: 17
Views: 1400

Re: Target date fund in 401k-what goes in taxable?

I max out my 401k in target and then do a mix of stock index fund and ibonds in taxable— generally around 50/50 depending on how healthy my e-fund is. Taxable is less overall so it affects my AA but not by that much.
by Iorek
Wed Jan 20, 2021 9:41 am
Forum: Personal Investments
Topic: Anyone buying EE bonds?
Replies: 49
Views: 4589

Re: Anyone buying EE bonds?

Is there an upper age where I and EE bonds don’t make sense? I’m 47 I would say there’s no upper age limit for ibonds. I guess for ee bonds the only issue is wanting to keep then for 20 years so at some point that implies either you will cash out before the doubling of interest or else your heirs w...
by Iorek
Tue Jan 19, 2021 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Trust for Married Couple with No Kids
Replies: 4
Views: 610

Re: Trust for Married Couple with No Kids

Kookaburra wrote: Tue Jan 19, 2021 10:08 pm
Specifically, can the couple set up and use a certain type of trust to reduce taxes each year on their taxable investment account? And/or as a shelter to defer taxes into the future?

Thanks for helping.
No.

You are welcome!
by Iorek
Tue Jan 19, 2021 8:53 am
Forum: Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 23
Views: 1961

Re: Traditional 401K vs Roth 401K

Age is 54. Size of tax deferred balance is approx. 800K (600K traditional 401K, 200K rollover IRA) Pension will be 49K if I start to take at 65, SS will be 37K at 67 My ROTH 401K is only 3k at this time Spouse to retire at same time - so savings. Has SS but will decided not to factor in as it will ...
by Iorek
Mon Jan 18, 2021 11:45 pm
Forum: Personal Investments
Topic: Roth conversion and withdrawl same year
Replies: 15
Views: 1269

Re: Roth conversion and withdrawl same year

Just want to point out that the I stands for individual, so whatever you do for your IRAs does not affect what your wife does for hers.
by Iorek
Mon Jan 18, 2021 11:42 pm
Forum: Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 23
Views: 1961

Re: Traditional 401K vs Roth 401K

Age is 54. Size of tax deferred balance is approx. 800K (600K traditional 401K, 200K rollover IRA) Pension will be 49K if I start to take at 65, SS will be 37K at 67 My ROTH 401K is only 3k at this time Spouse to retire at same time - so savings. Has SS but will decided not to factor in as it will ...
by Iorek
Mon Jan 18, 2021 11:28 pm
Forum: Personal Investments
Topic: Anyone buying EE bonds?
Replies: 49
Views: 4589

Re: Anyone buying EE bonds?

There are sone good threads on EE bonds which you might be able to find by poking around. At the risk of grossly oversimplifying (which would be a shame because there are a number of very thoughtful and interesting posts/discussions), I think there are a few general positions often expressed— 1) not...
by Iorek
Mon Jan 18, 2021 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Money for college/Is this reasonable?
Replies: 18
Views: 1863

Re: Money for college/Is this reasonable?

You could also consider i-bonds for the bond portion of your savings- tax-deferred and (subject to income limits and a few other requirements) tax-free if ultimately cashed in for educational expenses.
by Iorek
Mon Jan 18, 2021 8:10 am
Forum: Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 23
Views: 1961

Re: Traditional 401K vs Roth 401K

Most people are better off just sticking with the traditional 401k. You are probably better off switching to all traditional— that will increase your take home and then you can increase your contribution.
by Iorek
Sun Jan 17, 2021 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: social security earnings record
Replies: 35
Views: 2695

Re: When will Social Security statements update for

I don’t know for a fact when it will update but it certainly will not be before employers file their w-2 forms with the SSA, and the deadline for that is Jan 31.
by Iorek
Sat Jan 16, 2021 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Traditional versus Roth wiki update
Replies: 119
Views: 8460

Re: Traditional versus Roth wiki update

I am suggesting deleting the examples completely. I think the level of detail on the current page is about right for a wiki overview of "general considerations". If you really want to add more I think you could create a new section or possibly a new paragraph at the end of the current sec...
by Iorek
Tue Jan 12, 2021 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Owner's title insurance: standard vs enhanced?
Replies: 8
Views: 767

Re: Owner's title insurance: standard vs enhanced?

I would never forego title insurance but the chance you will need it is very slim and the chance you will need the enhanced policy are as slim or slimmer, although I guess the adverse possession/easement coverage might be nice to have if you are worried about that sort of thing (on the other hand $...
by Iorek
Mon Jan 11, 2021 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Owner's title insurance: standard vs enhanced?
Replies: 8
Views: 767

Re: Owner's title insurance: standard vs enhanced?

I would never forego title insurance but the chance you will need it is very slim and the chance you will need the enhanced policy are as slim or slimmer, although I guess the adverse possession/easement coverage might be nice to have if you are worried about that sort of thing (on the other hand $9...
by Iorek
Sun Jan 10, 2021 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional versus Roth wiki update
Replies: 119
Views: 8460

Re: Traditional versus Roth wiki update

Thanks for your input on General considerations. You got the correct idea for the "taxable income" case. Some people expect pensions, have lots of rental properties whose income won't be sheltered by depreciation in retirement, etc. and we want to make sure those factor into the equation....
by Iorek
Sun Jan 10, 2021 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Traditional versus Roth wiki update
Replies: 119
Views: 8460

Re: Traditional versus Roth wiki update

For what it's worth, I much prefer the existing "general considerations" because I think it is usable for the average person. I actually think offering the two options is helpful because it illustrates that the "right" answer will only really be knowable in retrospect. If you bel...
by Iorek
Sat Jan 09, 2021 3:00 pm
Forum: Investing - Theory, News & General
Topic: What is the "Quit when you won the game" portfolio?
Replies: 177
Views: 18855

Re: What is the "Quit when you won the game" portfolio?

HalfMillionaire wrote: Thu Jan 07, 2021 11:27 am Something like the Windsor fund - 1/3 stocks, 2/3 bonds. You get reasonable stability with returns.
Do you mean Wellington?
by Iorek
Fri Jan 08, 2021 12:01 pm
Forum: Personal Investments
Topic: 529 for generational wealth transfer
Replies: 18
Views: 1518

Re: 529 for generational wealth transfer

We may be in a somewhat similar situation but have just decided to withdraw the 529 assets and invest them in a taxable account so we don’t need to worry about tax issues (gift tax, 529 restrictions etc). If we had grandkids or knew for a fact grad school was happening we might do something else.