Search found 917 matches

by fundseeker
Mon Feb 22, 2021 8:28 pm
Forum: Personal Investments
Topic: Ford Stock?
Replies: 40
Views: 2851

Re: Ford Stock?

Just curious, but is that $4250 a lot or a little of your net worth? If it's play money, no big deal. But if it's a lot, you should be investing instead in VTSAX of a similar fund, if you're young. I like to buy Ford and also GE when they're well below their 52 week high just to make a few dollars w...
by fundseeker
Sun Feb 21, 2021 9:42 am
Forum: Personal Finance (Not Investing)
Topic: (Attempting) to do my own taxes for the first time this year
Replies: 19
Views: 1274

Re: (Attempting) to do my own taxes for the first time this year

Thanks for all the helpful advice! In the end I used TT (Deluxe?) Cost me $69. Alternative would have been my parent's CPA who would have charged me $500. I ended up manually inputting everything by hand rather than importing the 1099s so I could understand the process as I was filling it out. Defi...
by fundseeker
Sun Feb 21, 2021 9:02 am
Forum: Personal Investments
Topic: Does anyone have entire 401K in bonds?
Replies: 76
Views: 10569

Re: Does anyone have entire 401K in bonds?

THIS THREAD BEGAN AND ENDED TWO YEARS AGO BEFORE BEING RESURRECTED YESTERDAY! So I've wasted time reading almost 60 posts wondering if I could offer suggestions to help before that became apparent. Guess I could always begin reading by looking at the date of the OP, or, could a moderator note in the...
by fundseeker
Tue Feb 16, 2021 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Taxes for the First Time Independently
Replies: 24
Views: 1658

Re: Filing Taxes for the First Time Independently

We've used TurboTax for many years, but never the free version. And I never use an online version because I don't want anyone having access to my tax returns. I typically buy the disc and keep it all on my PC. The first year of data entry is a little work, but the following years the software will l...
by fundseeker
Mon Feb 15, 2021 9:48 pm
Forum: Investing - Theory, News & General
Topic: Taking profits
Replies: 8
Views: 1067

Re: Taking profits

Congratulations, but you may have a lot of capital gains this year. If so, and if you typically donate to charities, I'll add a friendly reminder that you can give appreciated shares to charities, and you can also use a donor advised fund (DAF) to hold more than one years worth of gifts so that you ...
by fundseeker
Sun Feb 14, 2021 9:11 pm
Forum: Investing - Theory, News & General
Topic: What was the Dot-Com bubble like?
Replies: 167
Views: 11536

Re: What was the Dot-Com bubble like?

I was there, and I still clearly recall investing in a mutual fund called Munder NetNet. Yep, that was the name. Some young guy put together a mutual fund of the high flying Internet type companies and I got on for the ride. I watched my $4k play money grow to $11k, then quickly down to $2k where I ...
by fundseeker
Sun Feb 14, 2021 9:53 am
Forum: Personal Consumer Issues
Topic: Buying a car spring 2021
Replies: 73
Views: 5020

Re: Buying a car spring 2021

Reliable, practical, and spacious....hmmm well unless you're buying used I think you're pretty limited in your options with a $30K price cap. I'd recommend looking at Toyota Highlander or even maybe a Buick Enclave if you extend your budget a bit. Both are spacious, comfortable, can fit dogs plus c...
by fundseeker
Sun Feb 14, 2021 9:47 am
Forum: Personal Investments
Topic: Mechanics of withdrawing from 529 account
Replies: 17
Views: 1662

Re: Mechanics of withdrawing from 529 account

Nice of you all to fund the 529s! Regarding taxes, I am guessing you get to account for the 529 disbursements and qualified uses of the funds on your personal tax returns. Unfortunately, it can get complicated. I spent waaaaay too many hours trying to keep the timing of events and expenditures match...
by fundseeker
Sat Feb 13, 2021 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is maxing out a 401k at 63 a good idea to stay below Medicare's IRMAA?
Replies: 4
Views: 756

Re: Is maxing out a 401k at 63 a good idea to stay below Medicare's IRMAA?

Thank you three for the quick, detailed responses and links. Sorry for my delayed response. I am already retired but working elsewhere, and using my FEHB plan. I've decided to continue contributing the max to my 401k this year and until I fully retire just to keep my taxable income down, and not wor...
by fundseeker
Fri Feb 12, 2021 9:04 pm
Forum: Personal Investments
Topic: I'm a newbie to investing. Did I give my parents bad investing advice?
Replies: 29
Views: 3678

Re: I'm a newbie to investing. Did I give my parents bad investing advice?

Since my parents have a high percentage of their assets in cash, and their current AA is 64.1% stock/35.9% bond, I think I should advise them to buy at least $75,000 in Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) with their cash. This will give them an AA of 36.6% stock/63.4% bond ...
by fundseeker
Thu Feb 11, 2021 8:20 pm
Forum: Personal Consumer Issues
Topic: Buying a car spring 2021
Replies: 73
Views: 5020

Re: Buying a car spring 2021

Reliable, practical, and spacious....hmmm well unless you're buying used I think you're pretty limited in your options with a $30K price cap. I'd recommend looking at Toyota Highlander or even maybe a Buick Enclave if you extend your budget a bit. Both are spacious, comfortable, can fit dogs plus c...
by fundseeker
Sun Feb 07, 2021 10:55 pm
Forum: Investing - Theory, News & General
Topic: Math of a donor advised fund
Replies: 32
Views: 1949

Re: Math of a donor advised fund

OP, Your financial advisor (FA) was wise to suggest a DAF. We fund our DAF every other year with appreciated shares and it works out great taxwise and is simple to use at Fidelity. If you do it every other year, don't forget to increase your tax withholdings in the std. deductions years or you may c...
by fundseeker
Sun Feb 07, 2021 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Is maxing out a 401k at 63 a good idea to stay below Medicare's IRMAA?
Replies: 4
Views: 756

Is maxing out a 401k at 63 a good idea to stay below Medicare's IRMAA?

Here is some maybe relevant information to start with: By year end, we will be 63 and 62, I am employed with a Federal healthcare plan (FEHB) costing ~$400/month, we have more than $1.5M in tax deferred accounts, a $60k pension, and SS at 70 may be $60k/year. Thanks to great advice here, I do plan s...
by fundseeker
Wed Jan 27, 2021 8:09 pm
Forum: Investing - Theory, News & General
Topic: Looking for put option advice
Replies: 17
Views: 999

Re: Looking for put option advice

YouTube has plenty of people waiting for you to watch their channels, and they can explain it. But watch out for the many people with videos there who act like they know which stock will jump tomorrow, when they really know nothing. They know even less than Cramer. This craze will end, just like it ...
by fundseeker
Tue Jan 19, 2021 12:06 am
Forum: Personal Finance (Not Investing)
Topic: FERS, TSP, LEO, Retirement, what am I missing?
Replies: 52
Views: 2985

Re: FERS, TSP, LEO, Retirement, what am I missing?

My plan to never draw down our TSP is because we have all we need and without debt should be fine between when I really quit working and 70 when I start SS. It'll be there for our children. Regarding your TSP balance, you've been aggressive and it has worked well, and since I was not aggressive enou...
by fundseeker
Mon Jan 18, 2021 11:43 pm
Forum: Personal Consumer Issues
Topic: Buying a Car - TSLA OR Honda
Replies: 60
Views: 5883

Re: Buying a Car - TSLA OR Honda

A minivan, an SUV, or a sedan? That's apples to oranges, isn't it? What about a pickup? I think you have a long way to go before you're ready to buy a vehicle. Once you narrow it down to the type of vehicle you want, e.g., minivan, then you might some real insight from owners here.
by fundseeker
Sun Jan 17, 2021 10:01 am
Forum: Personal Investments
Topic: Brokerage Account at TD or Vanguard
Replies: 46
Views: 3257

Re: Brokerage Account at TD or Vanguard

Thanks everyone for sharing your inputs. After reading all teh responses, I may need reconsider. I will share a bit more context: 1. Primary bank: BofA 2. No investment experience. Just getting started, I do have savings that I want to start investing in a taxable account. 3. Have my Roth IRA/IRA w...
by fundseeker
Sat Jan 16, 2021 9:32 am
Forum: Personal Finance (Not Investing)
Topic: FERS, TSP, LEO, Retirement, what am I missing?
Replies: 52
Views: 2985

Re: FERS, TSP, LEO, Retirement, what am I missing?

OP, Just a few thoughts. I stayed until past mandatory, which I did because I loved the work, got the 1%/year increase, still contributed the max to the TSP, etc. - Is your TSP beneficiary form correct? Apparently some forget to remove their ex's name. - You've done great with your TSP at 100% stock...
by fundseeker
Mon Jan 04, 2021 9:58 pm
Forum: Personal Consumer Issues
Topic: how to negotiate sale at Carmax?
Replies: 32
Views: 3064

Re: how to negotiate sale at Carmax?

relentless1 wrote: Sun Jan 03, 2021 11:17 am thanks for all the replays.

If it will sell close to auction should I really get it detailed?

Also I tried Give me the VIN. They sold me a vehicle history report for $1 fee. They then charged my CC $18.95. Warning!!
We'd all be interested in knowing how your story ends. Thanks!
by fundseeker
Sun Jan 03, 2021 8:29 pm
Forum: Personal Investments
Topic: Negative real return for BND?
Replies: 157
Views: 11839

Re: Negative real return for BND?

Some of you are putting a lot of thought into this bond thing. People have been saying for years to stay away from bonds because interest rates have to go up, and it seems like people are still saying stay away. But, 2020 would have been a very good year to be in bonds. I've been avoiding them for y...
by fundseeker
Sun Jan 03, 2021 10:11 am
Forum: Personal Consumer Issues
Topic: how to negotiate sale at Carmax?
Replies: 32
Views: 3064

Re: how to negotiate sale at Carmax?

Sell it to an individual yourself! No negotiation at CarMax. As stated, cleaning it might help, but probably not that much. Their price will beat trading it in, but if you have some time to post it on Craigslist and Autotrader, you'll probably make another thousand or two. Last year, I sold our 2011...
by fundseeker
Sat Jan 02, 2021 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Request Expert Gift Tax Experience
Replies: 28
Views: 2067

Re: Request Expert Gift Tax Experience

OP, Your gifting of $1MM in stocks to your son made me wonder why you would do that, since he would not get the step-up in basis he'd get if he inherited it. I had read that parents should never deed their house to a child for that same reason, so I did some research to see why someone would give a ...
by fundseeker
Sat Jan 02, 2021 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Calculating Social Security
Replies: 10
Views: 890

Re: Calculating Social Security

I used the Open Social Security calculator this morning, and it gave a totally different answer from the answer it gave me when I used it last summer. The numbers I used today from my official SS statement had earnings up through 2019, which were about $30k lower than in 2018, and my primary insuran...
by fundseeker
Fri Jan 01, 2021 10:22 am
Forum: Forum Issues and Administration
Topic: excessively long quotes
Replies: 69
Views: 5296

Re: excessively long quotes

Something I can't figure out is why those who are the first to respond to a new thread quote the original post? Isn't the original post the only thing the response could be related to? I'm just not sure that quoting the original post by the first responder adds any value, and it requires extra scrol...
by fundseeker
Tue Dec 29, 2020 9:13 am
Forum: Investing - Theory, News & General
Topic: DAFs
Replies: 33
Views: 2020

Re: DAFs

We have used Fidelity for several years and it has worked out well. I don't believe there is enough time for you to set one up before the end of 2020, unless the appreciated shares are already at Fidelity. Is your plan to donate two years worth of contributions every other year, and take the standar...
by fundseeker
Sun Dec 20, 2020 9:58 am
Forum: Personal Investments
Topic: asset allocation with FERS pension
Replies: 22
Views: 1434

Re: asset allocation with FERS pension

Your wife must make a ton of money, or maybe your math is a little off? $101k pension, possibly in federal law enforcement? I guess she could be in air traffic control which pays well. Also, my understanding is that a FERS pension only increases 1% each year (after the first 20 years at 1.7%), and y...
by fundseeker
Fri Dec 11, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: Noise from rear wheel that stops when I hit the brakes
Replies: 24
Views: 1367

Re: Noise from rear wheel that stops when I hit the brakes

Also, saw that you have a Honda. Some Honda vehicles use a rather annoying Japanese standard called JIS for the retaining screw. You do not have this tool. Either buy a JIS screwdriver or plan on drilling the screw out. Thank you for the pointer. Yes, I'd like to avoid drilling screws out. I have h...
by fundseeker
Fri Dec 11, 2020 8:15 pm
Forum: Personal Investments
Topic: Day trading 24/7 questions
Replies: 18
Views: 1864

Re: Day trading 24/7 questions

Thank you for your detailed response. Yeah, it can be stressful. I sold many too early and many too late. I've done more this year than ever, and tax time may be difficult to figure out. Fortunately, with Ameritrade and TTax, they will figure it out. I've made so many little trades (since they're fr...
by fundseeker
Fri Dec 11, 2020 8:04 pm
Forum: Personal Consumer Issues
Topic: Noise from rear wheel that stops when I hit the brakes
Replies: 24
Views: 1367

Re: Noise from rear wheel that stops when I hit the brakes

Probably stating the obvious, but my first thought is something related to the brakes caliper or pads. I'd jack it up and see if I hear it while spinning the wheel (with the parking brake off of course :) )

If it is bearing related, that is a little harder to diagnose. Good luck!
by fundseeker
Wed Dec 09, 2020 8:43 pm
Forum: Personal Investments
Topic: Day trading 24/7 questions
Replies: 18
Views: 1864

Re: Day trading 24/7 questions

Thanks for the concerns for my financial well-being. Maybe I don't really want to "day trade," if that means going to cash every night. All I want to do is NOT get on online at 7am Eastern to trade and have to look at all of the see stocks that have shot up during the three hour head start...
by fundseeker
Wed Dec 09, 2020 10:56 am
Forum: Personal Investments
Topic: Day trading 24/7 questions
Replies: 18
Views: 1864

Day trading 24/7 questions

I have a few questions for those who day trade, hopefully with just their play money. I use Ameritrade, but they do not allow trades before 7am Eastern, which is often way too late for any stocks that had great news overnight. And from what I've seen, those stocks generally drop throughout the day, ...
by fundseeker
Mon Dec 07, 2020 7:26 pm
Forum: Personal Consumer Issues
Topic: Advice On Credit Card Fraud
Replies: 6
Views: 474

Re: Advice On Credit Card Fraud

Hate that! It's a pain for sure. You need to do something, and I'd get on the computer and go to annualcreditreport.com and get your free credit report from one of the three bureaus and download it and review it. https://www.annualcreditreport.com/index.action Hopefully you don't see anything else t...
by fundseeker
Sun Dec 06, 2020 9:51 pm
Forum: Personal Investments
Topic: a 510K rollover for newly retired guy ... best current 3-fund choices?
Replies: 16
Views: 1331

Re: I may be overthinking this ...

If you get a minute, it'd probably get you even more answers if you would edit the subject line and add your problem or concern. I imagine there are many helpful members who might not even open a thread if the subject line doesn't state what the issue is. Thanks.
by fundseeker
Sun Dec 06, 2020 3:56 pm
Forum: Investing - Theory, News & General
Topic: Any chance this bond sold by EJ was a good idea?
Replies: 14
Views: 1349

Re: Any chance this bond sold by EJ was a good idea?

Thank you all for the very helpful information! I guess he will hang onto this and other bonds they sold him, and maybe the money will keep flowing. He understood that his heirs will get face value, which would only be the $17,000 I presume. I looked online and found where EJ gets up to 2% on the sa...
by fundseeker
Sat Dec 05, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: Any chance this bond sold by EJ was a good idea?
Replies: 14
Views: 1349

Any chance this bond sold by EJ was a good idea?

An elderly relative who gets hit up at times by Edward Jones bought this bond and seems pleased with his occasional check, but he cannot tell me how much it cost him. I am also having a hard time understanding how much it cost him, and whether it was a very good idea. Goldman Sachs Group Inc MTN 5.0...
by fundseeker
Wed Dec 02, 2020 9:28 pm
Forum: Investing - Theory, News & General
Topic: Fear vs Greed
Replies: 31
Views: 2373

Re: Fear vs Greed

OP, Don't be too hard on yourself. You're definitely not alone in making less than optimal decisions, and I am guessing you're much younger than I am. I've been a Boglehead since before 2010, yet many years ago I quit buying stock funds believing the market had to come tumbling down. Fortunately, I ...
by fundseeker
Mon Nov 30, 2020 7:59 pm
Forum: Personal Investments
Topic: Questions on non-spousal Inherited IRA RMD
Replies: 8
Views: 761

Re: Questions on non-spousal Inherited IRA RMD

I may be wrong, but I thought you could only defer a Spousal Inherited IRA, not a Non-Spousal. I think and hope that it applies to my non-spousal Inherited IRA. I am comfortable deferring based on my Google research, and this excerpt from a Forbes article: "By definition, under IRC § 401(a)(9)...
by fundseeker
Sun Nov 29, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare surrender denied, no idea why, please help
Replies: 163
Views: 10997

Re: Timeshare surrender denied, no idea why, please help

Seems like everyone has covered the timeshare and house (quit claim deed) issue, but you also mentioned an IRA.

Did you take RMDs along the way and pay taxes, or pay taxes when you withdrew the money in the IRA(s)?
by fundseeker
Sat Nov 28, 2020 10:34 pm
Forum: Personal Investments
Topic: Willing to share your Taxable Portfolio?
Replies: 139
Views: 11822

Re: Willing to share your Taxable Portfolio?

So what am I doing with our taxable accounts? Sadly, waiting with waaaay too much cash for the next huge drop to get some of this cash back into the market. We have a little bit left in a VG international fund with some appreciation, but we will donate it to charity next year when it's time to refil...
by fundseeker
Sat Nov 28, 2020 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Roth conversion over age 65 - this year or next?
Replies: 23
Views: 2042

Re: Roth conversion over age 65 - this year or next?

Shouldn't Said individual go ahead and prepare his/her tax returns for next year to determine, before year end, how much room he/she has up to the next bracket?
by fundseeker
Thu Nov 26, 2020 8:50 am
Forum: Personal Investments
Topic: Would this make sense?
Replies: 10
Views: 943

Re: Would this make sense?

If you have not done so, you could go to VG's website and pull up that fund, and then use the comparison tool to place that fund and VTSAX side by side for comparison. There, you can see all of differences, and you may notice the after tax return differences.
by fundseeker
Thu Nov 26, 2020 8:30 am
Forum: Personal Investments
Topic: Would this make sense?
Replies: 10
Views: 943

Re: Would this make sense?

Is $5k a small or large percentage of your portfolio? If you have $500k, then that 1% ($5k) really doesn't affect things much at all, so it just doesn't matter that much. If the $5k is pocket change, then playing with it might keep you from tinkering with your real money, which can be the biggest be...
by fundseeker
Thu Nov 26, 2020 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone use an accountant for personal taxes?
Replies: 146
Views: 9826

Re: Does anyone use an accountant for personal taxes?

I'd never pay $250 for someone to do mine, but I have done mine and other family members for years. It can be time consuming, so if you have more productive things to do, maybe you should just pay $250. It was especially time consuming when our children were in college, which got pretty complicated ...
by fundseeker
Thu Nov 26, 2020 7:44 am
Forum: Personal Consumer Issues
Topic: Transmission troubles
Replies: 34
Views: 2433

Re: Transmission troubles

$1,000 for tires? Seems like he was not very frugal when he did that. There are usually sales going on and rebates available. This is a long shot with that many miles, but it would not hurt to ask Ford for some help with the replacement cost. Honda used to be pretty good about doing that if there we...
by fundseeker
Thu Nov 26, 2020 7:37 am
Forum: Personal Investments
Topic: Is this acceptable "market timing"?
Replies: 56
Views: 3399

Re: Is this acceptable "market timing"?

Bad idea! The time to have moved $300k (or at least rebalance back to your desired allocation) into stocks was in or about March, when it would have been difficult to do (after the carnage). Now, throwing $300k into the market seems like a good idea because the market is reaching new highs. I am res...
by fundseeker
Fri Nov 13, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 543
Views: 141686

Re: If your net worth is over $3 million, how did you do it?

Darn! We didn't make the cut. But, after another $800k, I'll get to post how we did it :wink:
by fundseeker
Fri Nov 13, 2020 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: New Car Issue
Replies: 19
Views: 2350

Re: New Car Issue

That's an odd situation. My guess is that something got left off at the factory, but it should be fairly obvious, unless it was some weather-stripping that a robot failed to apply under the glass or elsewhere. Maybe you will find people reporting similar problems on the internet. Good luck!
by fundseeker
Mon Nov 09, 2020 9:09 pm
Forum: Personal Consumer Issues
Topic: 13 yo HD TV - dark shadow across screen
Replies: 23
Views: 1341

Re: 13 yo HD TV - dark shadow across screen

Any suggestions for a less than 40” TV? Most tvs are so much bigger, but my space is limited. We are limited in size too. Our 10+ year old Toshiba gave out earlier this year and we replaced it with another Toshiba, the 43LF711U20. Years ago, we were limited to a 40", but this time we could go ...
by fundseeker
Sat Oct 31, 2020 10:56 pm
Forum: Personal Consumer Issues
Topic: Honda CR-V servicing - Bay Area
Replies: 5
Views: 605

Re: Honda CR-V servicing - Bay Area

Big Honda/Acura fan here, but not big fan of dealer service departments. Way too much upselling to the uninformed, aka ripoffs! Anyway, my two cents are, - It's a good idea to get the SUV's oil changed there at least while it is under warranty. That will help with any claims, even after the warranty...
by fundseeker
Fri Oct 30, 2020 10:01 pm
Forum: Personal Consumer Issues
Topic: Honda CRV, Toyota Rav4 or Subaru Forrester
Replies: 48
Views: 3927

Re: Honda CRV, Toyota Rav4 or Subaru Forrester

CR-V reliability issues? Like what? The engine issue from 2017 that was resolved? Any issues that might still be relevant?