Bogleheads.org

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Since these are debit cards, you only pay the debit card fee of $2-$2.89. Check with Doctor of Credit for more details on what cards work best. It does look like the $250 is the maximum for giftcards.com/GiftCardMall, unfortunately, but you could also buy a Simon gift card for $3.95 for $1,000, plu...

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You can read about it all you want, but it's much easier to understand it when you use it. But what you do mean, "use it"? I mean, I get how to "own it".... but what's a good way to "use" $100 worth of bitcoin? I own some Bitcoin while also being skeptical of Bitcoins ...

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I would never store tokens without a hardware wallet, at least if you have over 10k USD or so. What if I spill coffee on it? Or lose it? What do you think of Coinbase vaults? I would bet the safest place to store your Bitcoin today would be PayPal. Of course you can’t do anything with it there othe...

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I am genuinely curious about how the blockchain works, and I have no prejudice against bitcoins either, as a concept. My issue is that I struggle to understand the rationale behind investing in them. It works as a currency. Some people often say that it's actually a totally new asset class, but de ...

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the correct appellation is MEDICARE DISADVANTAGE. i know nothing about kaiser but here in NJ the disadvantage discourages you from seeing a specialist. they act as a gate keeper and do not utilize elite doctors, but rather those who can not develop a full practice. caveat emptor. not for me! These ...

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That’s great. Congrats on your success. I have had similar luck thanks to WCI (White Coat Investor) and this forum. Years ago back when I was completely clueless, my accountant tried to sell me a whole life policy, funding it at $50k a year. I didn’t fully understand whole life and I told myself th...

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What your contractor is doing is something my wife and I hate and have not allowed it in our remodel jobs. Tile goes from wall to wall. It belongs underneath any cabinets and it belongs underneath the baseboard. The quarter round job looks horrible. As Sandtrap stated, have your GC do what you want....

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Years ago back when I was completely clueless, my accountant tried to sell me a whole life policy, funding it at $50k a year. I didn’t fully understand whole life and I told myself that if I am going buy something that expensive ($50k/yr) I need to be able to understand it well enough so that I can...

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Topped 1MM in the investment portfolio this week. We hit 1MM in net worth about three months ago in January. I finished medical training in 2018 with a NW of -175k. The buy and hold, three fund portfolio has been kind to us. I plan to give a lecture next month to our residents detailing financial b...

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I am retired but still have the company’s 401k. Solo 401k is new to me. Would it help, and if so why? I have other accesses just curious about my 401k and Solo 401k. Solo 401k is only helpful if you need a 401k to hide assets form the IRA prorata rules. Solo 401k is only available if you have your ...

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Do people count this towards their equity allocation or in their alternative allocation? So if you're 70% equities and 5% BTC do you consider yourself being a 75/25 or a 70/25/5? I personally consider crypto a separate asset class. When I compute my asset allocation, I exclude cryptos from both equ...

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It’s not clear to me how having instant access to large sums of money to buy additional speculative assets without basics like KYC is a net positive. When things go bad, it’s going to go very bad. Bolded above is my emphasis. That is exactly my point that I think is being glossed over. If all this ...

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Buy $10k of bitcoin and use it to leverage $8k to buy ??? This is real. But I don't think that's called leverage. I think it's just collateral in this scenario. However, if your point is simply that now there are 2 assets that could fail, I agree. This adds risk. Buy $10k of bitcoin and use it to l...

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It’s not clear to me how having instant access to large sums of money to buy additional speculative assets without basics like KYC is a net positive. When things go bad, it’s going to go very bad. Bolded above is my emphasis. That is exactly my point that I think is being glossed over. If all this ...

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Loaned out as leverage, just like a traditional bank With debt being so cheap today, who and why is someone borrowing to give you 6-8% interest. What happens to the debt if the value of their collateral (other crypto) goes down in value? What if it goes down fast as it has done in the past during c...

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It’s not clear to me how having instant access to large sums of money to buy additional speculative assets without basics like KYC is a net positive. When things go bad, it’s going to go very bad. Bolded above is my emphasis. That is exactly my point that I think is being glossed over. If all this ...

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How exactly do these accounts "earn" interest? Why would someone pay interest to them, for the privilege of holding the currency? Loaned out as leverage, just like a traditional bank With debt being so cheap today, who and why is someone borrowing to give you 6-8% interest. What happens t...

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Bogleheads generally don't buy assets that do not provide a return. Gold and silver being an example. Sure, some do, but I'm speaking in generalities. I am now seeing more and more bogleheads, long timers, buying into cryptos. Does that mean we are starting to reach our peak because the last of the...

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How exactly do these accounts "earn" interest? Why would someone pay interest to them, for the privilege of holding the currency? Loaned out as leverage, just like a traditional bank With debt being so cheap today, who and why is someone borrowing to give you 6-8% interest. What happens t...

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Bogleheads generally don't buy assets that do not provide a return. Gold and silver being an example. Sure, some do, but I'm speaking in generalities. I am now seeing more and more bogleheads, long timers, buying into cryptos. Does that mean we are starting to reach our peak because the last of the ...

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I did things a bit differently, I retook those AP classes in college and got myself very easy As. It allowed me to focus on the more difficult classes so that I can get As there as well. Also, college isn't just about finishing and getting a degree. It is an experience that I am so glad I had a chan...

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a few points. My parents put in Anderson windows in their home about 20-25 years ago, and they still are in great working condition. We put in Anderson windows in our home recently. We went with the E-400 series. I like them, they work great, and look great, but honestly, for the money I'm surprised...

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For most people, doing OMY is for money. Even if they don't need money, more money does not hurt. More money gives you more safety, more options to spend (or not) in the future, can do a lot of things with more money. Many people do not want to admit, but that is the truth under some grander disgui...

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We went part time a few years back when we hit X earlier than expected. The goal was always part time and we did it about 1-2 year earlier than projected. Great decision.

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It doesn't matter if you're investing for legacy reasons or for your own retirement: increasing risk as time goes by is a backward approach. In any event, it's a 5% difference, so it isn't going to matter much in the long run. You just seem to be overthinking this. It's called a rising glide path: ...

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It doesn't matter if you're investing for legacy reasons or for your own retirement: increasing risk as time goes by is a backward approach. In any event, it's a 5% difference, so it isn't going to matter much in the long run. You just seem to be overthinking this. It's called a rising glide path: ...

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I previously did a transfer from Fido to Ally, and my cost basis got mixed up as average cost (even though tracked as specific ID in Fidelity), and nobody on Fido or Ally seem to be able to fix it. Has someone successfully transferred mutual funds to Ally while keeping SpecID cost information intac...

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I'm planning on: Current expenses + $25k annually for healthcare + $15-20k over current expenses annually for traveling. This is very similar to how I see it. $20k for health care with a $6k deductible. $24k on travel. Once the mortgage is paid off, living expenses at home are just not that high. T...

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Hello all, My dad just told me he has surpassed one million in Tesla . He's 60 years old , 5 years left to retirement. Has a total portfolio of 3 million and RE worth 2 million. His portfolio holdings consist of individual companies such as Tesla , apple, Nvidia , AMD , GE and some other companies....

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I wonder, if one is financially independent, has won the game, has 10 years in bonds, but still employed for various reasons. Why hold more bonds? 10 years is a long time. Maybe it’s okay to drift past a 60/40 portfolio (10 years in bonds.) maybe it’s okay to change one’s IPS to go from 60/40 to 10 ...

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Congrats on your decision.

It’s kinda funny how reading this thread makes me want to get a sports car.

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I know that bogleheads do not time the market. This thread isn't for you, or the "stay the course" comments. I know that, i get that, and I live that. My question is simply - if you are tempted to take profits and shift some to cash, are you going to do it or are you going to resist? I am...

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Good to hear, but a little too late. I just moved my 401k to E*TRADE a few months back for this exact reason. It’s a shame because I would prefer to have stayed with Vanguard but I guess the E*TRADE signup bonus was pretty nice as well.

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Something I am curious about that I can’t find an answer to. All this crypto lending and staking that provides such high interests rates; who is doing the borrowing and what are they buying with that money? With non-crypto borrowing interest rate being so low who would borrow at the cryptos going r...

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Something I am curious about that I can’t find an answer to. All this crypto lending and staking that provides such high interests rates; who is doing the borrowing and what are they buying with that money? With non-crypto borrowing interest rate being so low who would borrow at the cryptos going r...

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Something I am curious about that I can’t find an answer to. All this crypto lending and staking that provides such high interests rates; who is doing the borrowing and what are they buying with that money? With non-crypto borrowing interest rate being so low who would borrow at the cryptos going ra...

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One of the general recommendation is to put just 1% of your net worth into Bitcoin. When the time came, I couldn't do it, so I put in .5%. That was last Aug. That .5% is now 10.5%. It was over 12% at bitcoin's recent high. This is all since Aug 2020. :shock: With only .5% of skin in the game and mo...

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There are cheaper alternatives including good old needle and syringe but whatever you get make sure you are 100% able to use it during intense panic. Make sure your kid knows how to use it and your spouse. This option is least expensive, although one needs to be able to pull the medication out of t...

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I go back and forth between wanting to sell to lock in gains and wanting to buy more because the use case for bitcoin remains the same What is the use case for bitcoin? What problem do I have that is solved by bitcoin? What problem do YOU have that is solved by bitcoin? To store and transfer value....

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I go back and forth between wanting to sell to lock in gains and wanting to buy more because the use case for bitcoin remains the same What is the use case for bitcoin? What problem do I have that is solved by bitcoin? What problem do YOU have that is solved by bitcoin? To store and transfer value....

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One of the general recommendation is to put just 1% of your net worth into Bitcoin. When the time came, I couldn't do it, so I put in .5%. That was last Aug. That .5% is now 10.5%. It was over 12% at bitcoin's recent high. This is all since Aug 2020. :shock: With only .5% of skin in the game and mo...

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For years, I have been learning and watching bitcoin exist. Frankly I am surprised it has reached the value that it has today. It really serves no functional legal purpose yet people want it and have driven the price to $60k in just a few short months. Even the biggest cryptocurrency proponents clai...

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I guess I hate how in play money you will find 5 people going all in with you preflop when you have AA and they all have some garbage. Of course AA isn’t all that great against 5 random hands. That’s not fun and teaches you nothing. I agree. I guess the only good thing is because most of the player...

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Is this similar to the irrational exuberance of 1997? If you want to gamble some of your money, then go ahead and good luck. All of it is irrational. Just out of curiosity? What odds are you giving Bitcoin will continue to take off? 90%, 95%? More or less? How would you be if the 5-10% chance that i...

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Online makes the most sense. Pokerstars has play-money games, as does America's Cardroom and a whole host of others. If I were starting out, Ed Miller would be one to read. He wrote a book called, "Getting Started in Holdem". I haven’t read it, but have read others of his, and bet it woul...

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Your wealth is currently $650k and you save $150k/yr. If you are 100% in equities a 50% drop will have you go down by $325k. You can easily make that up in 2 years of savings and won't really affect you too much. Now picture yourself 10 years from now. The markets have returned 5% a year and you sa...

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Harrington on hold em revolutionized my game for me. I am a much much better player because of those books. I also recommend you do not learn by playing online play money games. But, feel free to play some low stakes cash games to get a feel for the game as well as practicing doing math quickly. Eve...

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Plumbing rates in my area are over $250 / hr. And that includes bad plumbers. I just had a slab leak and had two different plumbers do a reroute, and that's what both cost (and I received multiple quotes). $1800 for 6 hours of work including materials. The 2nd plumber didn't even insulate the hot w...

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Lieutenant.Columbo wrote: ↑Sun Mar 14, 2021 11:53 am Should the the PPP amount be entered in 1120-S Schedule K Line 16(b) "Other tax-exempt income"?

I don't ave an answer to your question but bumping it for you as I am also a sole proprietor S corp and have yet to do my taxes with regards to PPP.

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Hitting your number is not the only reason to retire. I've been over 25X spending for many years. DW just went from a per diem job to full time last spring. I'm still working full time. We're right at 50 times spending in liquid assets plus the paid off house, 4 paid off cars and 2 kids now working...

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