Search found 842 matches

by Compound
Wed Jan 20, 2021 8:23 pm
Forum: Personal Investments
Topic: Postal Service and Vanguard
Replies: 21
Views: 1475

Re: Postal Service and Vanguard

mkc wrote: Wed Jan 20, 2021 6:36 pm USPS issue.

A Christmas card that was mailed mid-December arrived at our house last week. No sign of mangling, etc.
Agreed. Nearly the exact same scenario as outlined above happened to my family. The random inefficiencies of the USPS boggles the mind sometimes.
by Compound
Fri Jan 15, 2021 9:52 pm
Forum: Personal Consumer Issues
Topic: Let's play chess
Replies: 151
Views: 11969

Re: Let's play chess

Consider me a +1 for lichess.org Phenomenal place to play. So easy to get going with a quick game. No need to setup an account if you don’t want. I’ve played some speed chess on that site on my phone. I got utterly destroyed — I’m not very good at chess when the clock isn’t on and speed chess magnif...
by Compound
Fri Jan 01, 2021 6:07 pm
Forum: Investing - Theory, News & General
Topic: Official Registration For The 2021 Boglehead Contest
Replies: 638
Views: 15538

Re: Official Registration For The 2021 Boglehead Contest

2499. Here’s hoping I’m wrong (like always :D )!
by Compound
Fri Jan 01, 2021 2:11 pm
Forum: Personal Investments
Topic: First day of new year - backdoor Roth today?
Replies: 3
Views: 411

Re: First day of new year - backdoor Roth today?

Since the markets are closed today, I don’t think an order placed today will execute until Monday anyway. You should be good to go either way.
by Compound
Wed Dec 23, 2020 7:42 pm
Forum: Personal Investments
Topic: Just pulled the trigger ...
Replies: 198
Views: 23153

Re: Just pulled the trigger ...

Understood, thanks you! Will certainly consider it. Though, with my tiny amounts, bonds have no advantage over highly liquid cash. Well here's the thing. Given this is EF and you need liquidity, I'd just suggest you keep 90% in cash and do risky plays with 10%. This way, the 10% going south won't w...
by Compound
Tue Dec 22, 2020 6:42 am
Forum: Personal Investments
Topic: Just pulled the trigger ...
Replies: 198
Views: 23153

Re: Just pulled the trigger ...

I have decided to convert most of my EF into stocks (not index, but rather a small set of personally selected individual stocks) with a dual goal of recovering my losses from my March OP, don't do this. This is gambler's thinking. You lost, and now you're taking even greater risk to win it back. It...
by Compound
Wed Nov 11, 2020 7:31 pm
Forum: Investing - Theory, News & General
Topic: Taylor Sends His Best to Fellow Bogleheads
Replies: 334
Views: 26743

Re: Taylor Sends His Best to Fellow Bogleheads

Be well Taylor (beautiful photo)!
by Compound
Wed Nov 04, 2020 6:38 pm
Forum: Personal Consumer Issues
Topic: Great FT job, WWYD: live a baller life or go PT?
Replies: 29
Views: 2688

Re: Great FT job, WWYD: live a baller life or go PT?

Since your full time position is “very satisfactory” right now, it doesn’t seem that ratcheting down is the way to go, unless there is a compelling reason to take the pay cut and get three more months off (e.g. family or health considerations). Consider keeping the full time position until you hit y...
by Compound
Sat Oct 31, 2020 8:22 pm
Forum: Personal Consumer Issues
Topic: Checking out of HOTEL APPLE
Replies: 88
Views: 8449

Re: Checking out of HOTEL APPLE

Disclaimer: I am a Mac tech and work at an Apple reseller. So, a lot of things to potentially comment on here about moving away from Apple. This is certainly a choice, and I'm not going to weight in on the pluses/minuses or the technical details. The thing that strikes me about your post: Why is a ...
by Compound
Tue Oct 20, 2020 7:57 pm
Forum: Personal Consumer Issues
Topic: Meditation Guides?
Replies: 58
Views: 2905

Re: Meditation Guides?

ecp18 wrote: Tue Oct 20, 2020 5:21 pm In the "something else" category: Wherever You Go, There You Are: Mindfulness Meditation In Everyday Life, by Jon Kabat-Zinn.
Completely agreed. Excellent book.
by Compound
Sun Oct 04, 2020 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: How do you keep from getting burned out?
Replies: 70
Views: 8293

Re: How do you keep from getting burned out?

atikovi wrote: Sun Oct 04, 2020 4:18 pm
poker27 wrote: Sun Oct 04, 2020 3:36 pm Nearly daily I find myself doing the math to figure out how long I can live without working, and what my fire # is (I’m nowhere near it).
???
FIRE = financial independence, retire early
by Compound
Thu Sep 24, 2020 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Quit Hated Job And Take 80% Pay Cut?
Replies: 62
Views: 8379

Re: Should I Quit Hated Job And Take 80% Pay Cut?

Sounds like a change is in order. Like others, I’d suggest you start planning the move during the pandemic and then execute it once it makes the most sense for you and your family. The outstanding question in my mind has more to do with your educational aspirations. You suggest that graduate school ...
by Compound
Mon Sep 21, 2020 7:52 pm
Forum: Personal Investments
Topic: having a good year; what to do with the money?
Replies: 11
Views: 2373

Re: having a good year; what to do with the money?

Fully max 401k, increase 529 to desired level, and the rest in taxable.
by Compound
Sun Sep 13, 2020 8:13 pm
Forum: Personal Investments
Topic: Better late than never
Replies: 12
Views: 2185

Re: Better late than never

You could do much better (that is to say you could easily find cheaper funds) for your Roth and traditional IRA accounts. Consider moving those accounts to Vanguard or another broker that will give you access to low cost index funds (such as Schwann or Fidelity). You could also pick lower cost funds...
by Compound
Sun Sep 13, 2020 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Debt vs Savings
Replies: 54
Views: 6151

Re: Debt vs Savings

Does your company 401k offer a match? If so, make sure you contribute enough to get the match. After that, I’d prioritize either a Roth IRA or pay down the student loans. The decision between the two would largely depend on the student loan interest rate, what is it?
by Compound
Sun Sep 13, 2020 7:47 pm
Forum: Personal Investments
Topic: Thoughts about next steps
Replies: 7
Views: 765

Re: Thoughts about next steps

I’d definitely do a backdoor Roth conversion each year. Doesn’t look like you have any pretax IRAs, so no issues with prorated taxes. What are the fund options in your 401k? Do you have low cost bond funds? Agreed. Yes on Backdoor Roth IRA. If you have access to a reasonable bond fund in your 401k,...
by Compound
Fri Sep 11, 2020 8:38 pm
Forum: Personal Consumer Issues
Topic: Neccesities for a Man Cave
Replies: 51
Views: 3669

Re: Neccesities for a Man Cave

This thread is easily one of the more entertaining threads I’ve read on here in a while. In many instances it truly does seem that “a boy can dream.”
by Compound
Mon Sep 07, 2020 8:21 pm
Forum: Personal Investments
Topic: Starting Late
Replies: 27
Views: 4124

Re: Starting Late

Do you expect you’ll be able to fully invest up to the max in your company 401k plan? If not, put a hold on the IRA idea. Do you know your expected tax bracket (now and ideally in retirement — although guessing tax brackets years down the line can be challenging)? The decision for Roth versus tradit...
by Compound
Mon Sep 07, 2020 8:01 pm
Forum: Personal Investments
Topic: general financial help
Replies: 18
Views: 1186

Re: general financial help

3. What if I cannot find a no cost refi? Would you still recommend putting the 100k to principle? Also, if I can locate an attractive no cost refi, am I able to refi within 6 months of the last refi? In other words, is there a time restriction on refi's? I’m not aware of any time restrictions on re...
by Compound
Mon Sep 07, 2020 6:55 pm
Forum: Personal Investments
Topic: I am buying $2000 VFIAX everyday. Am I in trouble
Replies: 36
Views: 5882

Re: I am buying $2000 VFIAX everyday. Am I in trouble

Shouldn’t be a problem for accounting purposes, but it may get a bit tedious sifting through all the tax lots if you have a tax loss harvesting opportunity in your future. How long do you plan on keeping this up for? Have you considered lowering the DCA frequency (weekly? monthly?) with a correspond...
by Compound
Mon Sep 07, 2020 6:49 pm
Forum: Personal Investments
Topic: general financial help
Replies: 18
Views: 1186

Re: general financial help

I have several thoughts: 1. It appears your expected expenses after retirement ($7000/month) will be completely covered by the pension plus social security ($3500 + $2400 +$1200). That’s fantastic! Even if you decide not to pay down your mortgage quickly, your 401k and 403b money appear to be icing ...
by Compound
Mon Sep 07, 2020 6:29 pm
Forum: Personal Investments
Topic: Portfolio Review (age 36/37)
Replies: 8
Views: 1037

Re: Portfolio Review (age 36/37)

Welcome to the forum! As to your second question, no it doesn’t make sense to me to have the actively managed funds in your portfolio. One of the key principles of being a Boglehead is limiting expenses. You have several funds listed that stick out like sore thumbs because of their higher expense ra...
by Compound
Mon Sep 07, 2020 9:51 am
Forum: Personal Investments
Topic: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)
Replies: 82
Views: 5373

Re: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)

My 401k offers me, among other options, the Vanguard target retirement date funds at a .08% ER. Is that generally considered a good ER? I’m relatively unsophisticated in that area and was OK with the aggressiveness of the targeted retirement fund, though would be happy to hear any hesitations or ge...
by Compound
Mon Sep 07, 2020 9:43 am
Forum: Personal Investments
Topic: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)
Replies: 82
Views: 5373

Re: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)

Yes, that’s true and a helpful point! My understanding is that since my 401k holds these amounts in separate sub accounts, then I could simply punt the growth portion — if any — toward my tIRA . Please clarify. Do you have money in a traditional IRA account at present? If so, you will be subject to...
by Compound
Sun Sep 06, 2020 10:18 am
Forum: Personal Investments
Topic: Form 8606 Question - Backdoor Roth IRA
Replies: 5
Views: 394

Re: Form 8606 Question - Backdoor Roth IRA

Yep. You’re in good shape!
by Compound
Sun Sep 06, 2020 9:57 am
Forum: Personal Investments
Topic: Form 8606 Question - Backdoor Roth IRA
Replies: 5
Views: 394

Re: Form 8606 Question - Backdoor Roth IRA

Line 11 has an error, presumably due to rounding from the calculation done on line 10. If you fix line 11 to $6000 and carry that correction through the rest of the form, you should be in good shape.
by Compound
Sun Sep 06, 2020 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Any gaps in our thinking?
Replies: 46
Views: 3630

Re: Any gaps in our thinking?

With a portfolio worth over $4,000,000, seems as though you have a ton of options available to you... such as any or all of those you outlined.
by Compound
Sun Sep 06, 2020 9:17 am
Forum: Personal Investments
Topic: $2,500 a month to Contribute...Help?
Replies: 17
Views: 2018

Re: $2,500 a month to Contribute...Help?

Waiting to go into a Roth is negating the purpose of that structure. The biggest benefit of a Roth is that what you gain from the market is tax-free, so the longer you have it, the more you get to keep from taxes, especially if you're not too close to 45. Now, the downside is unless you want to los...
by Compound
Sun Sep 06, 2020 9:08 am
Forum: Personal Investments
Topic: Mega Backdoor vs Taxable
Replies: 8
Views: 611

Re: Mega Backdoor vs Taxable

Add me to the chorus — would certainly contribute to the mega backdoor Roth.

(Where was the charitable giving money coming from in years past? It seems the charitable giving is your present hold up, but it’s unclear to me why.)
by Compound
Sun Sep 06, 2020 8:53 am
Forum: Personal Investments
Topic: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)
Replies: 82
Views: 5373

Re: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)

Thanks for the link. I’ve read that article (and others) and they actually are what got me thinking that the MBDR strategy could work in the first place! Many thanks to TFB. The one thing that I can’t figure out is whether/when the normal backdoor Roth contributions are considered “taxable conversi...
by Compound
Sun Sep 06, 2020 8:44 am
Forum: Personal Investments
Topic: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)
Replies: 82
Views: 5373

Re: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)

The tax benefit of the regular backdoor roth and the MBDR are the same. Regular has just easier execution. Couple mouse clicks to do, the MBDR may be harder depending on your 401k. Many require calls or mailed in forms and/or checks. Personally I just do in-plan Roth conversion for my after-tax 401...
by Compound
Sun Sep 06, 2020 5:41 am
Forum: Personal Investments
Topic: Wife is "forcing" me to buy stock(s)
Replies: 112
Views: 9372

Re: Wife is "forcing" me to buy stock(s)

Insist that she choose the stock(s), with some advice from you if she insists. Then you can help her do the actual purchase online. This is a great opportunity to learn how to do it rather than leave everything to you. Someday she may be left a widow and any knowledge she gains now could be invalua...
by Compound
Sun Sep 06, 2020 5:35 am
Forum: Personal Investments
Topic: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)
Replies: 82
Views: 5373

Re: Prepay student loans OR megabackdoor Roth? (26 y/o in Biglaw; 190k salary; 180k debt)

Are you able to do the regular backdoor Roth? I would probably do that before the MBDR. Have you considered Series I US Savings Bonds for a portion of your emergency fund? More tax efficient for a high tax bracket. How many months of expenses does $50k represent? I can do the regular backdoor Roth....
by Compound
Sun Aug 30, 2020 4:58 am
Forum: Personal Finance (Not Investing)
Topic: 100k Loophole Question
Replies: 16
Views: 2769

Re: 100k Loophole Question

Are you concerned about the estate tax limit? If not, it seems straightforward to go ahead with the original plan to gift her the money and then she gifts back at a future time. The amounts over the exclusion ($15,000 per gift) will count against your lifetime estate tax exemption, but there will be...
by Compound
Sat Aug 29, 2020 2:00 pm
Forum: Personal Investments
Topic: What to do with $150K Bonus?
Replies: 31
Views: 3651

Re: What to do with $150K Bonus?

What is the estimated cost of the remodel? Is it expected to be expensive (and thus the reason for your spouse’s desire to hold onto the cash)? Assuming the remodel is unlikely, my priority list would look like this: 1. Spousal backdoor Roth IRA 2. Pay off mortgage 3. Cash for remodel/child #2 educa...
by Compound
Wed Aug 19, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Lab work when buying Term Life insurance
Replies: 6
Views: 564

Re: Lab work when buying Term Life insurance

Although it was quite a few years ago now, the insurance company had a practitioner come out to my house to do a basic exam and questionnaire. I don’t recall having to do bloodwork, but a urine sample was provided from my house. If there was a blood draw (again I don’t recall it being done), it woul...
by Compound
Wed Aug 19, 2020 5:21 am
Forum: Personal Finance (Not Investing)
Topic: Are we saving too much cash
Replies: 28
Views: 4149

Re: Are we saving too much cash

Since this thread we have made changes to: Max out wife’s Roth Increase her 457 contribution to $500/ month Increase each boys monthly 529 contribution by $100 each This will still have us saving about $1,300 a month to cash savings Consider upping the 457 contribution even more (perhaps to the max).
by Compound
Sun Aug 16, 2020 7:03 pm
Forum: Personal Consumer Issues
Topic: Calling all Long legged BHers for SUV or Car advice
Replies: 49
Views: 2930

Re: Calling all Long legged BHers for SUV or Car advice

Factors to consider: 1. Depth of seat—Asian makes are shorter, but some have adjustable depth; the LX570 does. 2. Rearward seat travel. Important but not the end-all stat that most (ahem!) think it is. 3. Knee bolsters on the driver’s side—I once attempted to drive a ca. 2004 Escalade and could not...
by Compound
Sun Aug 16, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Sooner than Later: A New 0.5% Fee Going Into Effect Sep 1
Replies: 16
Views: 3176

Re: Refinance Sooner than Later: A New 0.5% Fee Going Into Effect Sep 1

From reading the article, it sounds like if you aren’t already locked, you may be out of luck. My guess is that most lenders who are on the ball will have immediately taken this rate hike into account after the news broke. If you can still lock at a low rate, you may just be lucky and should take ad...
by Compound
Sat Aug 15, 2020 8:34 pm
Forum: Personal Investments
Topic: Too much bond+cash. What is the best option?
Replies: 16
Views: 1523

Re: Too much bond+cash. What is the best option?

Also, nothing wrong with going slow on converting your cash/bonds into stocks. You’ve got over a million dollars already(!); you’ve got to think about how much risk you are willing to take. Thought experiments on how much your overall net worth may go down with a market downturn vs how much in gains...
by Compound
Sat Aug 15, 2020 8:28 pm
Forum: Personal Investments
Topic: Too much bond+cash. What is the best option?
Replies: 16
Views: 1523

Re: Too much bond+cash. What is the best option?

You need to have a long term strategy. I would strongly suggest you work through and create an investment policy statement. This is your roadmap. Then follow it no matter what the market does. Around here most people favor lump sum investing. IF you must dollar cost average, then you might consider...
by Compound
Sat Aug 15, 2020 6:24 am
Forum: Personal Investments
Topic: New to investment!
Replies: 35
Views: 1512

Re: New to investment!

Congratulations on starting your investment journey. Bogleheads has a ton of resources to help you. In particular reading through articles in the wiki can be very helpful. Here’s a link to get you started:

https://www.bogleheads.org/wiki/Getting_started
by Compound
Sat Aug 15, 2020 6:19 am
Forum: Personal Investments
Topic: Moving to Cash?
Replies: 158
Views: 11768

Re: Moving to Cash?

RIght, maybe the best move is to take half my stocks and move to stable value or cash funds and let the rest stick so if the market keeps going up, I still gain, just not as much and if it goes down I can buy back in and buy back in lower, I still think too many people think a vaccine is coming whi...
by Compound
Sat Aug 15, 2020 5:58 am
Forum: Personal Investments
Topic: Help selecting what fund to put in taxable
Replies: 16
Views: 1646

Re: Help selecting what fund to put in taxable

In general, putting a broad stock market index with low turnover in taxable is the way to go (note that tax situations and desired asset allocations can shift the advice in some circumstances). In your case, this would be the S&P500 fund. https://www.bogleheads.org/wiki/Tax-efficient_fund_placem...
by Compound
Mon Aug 10, 2020 8:22 pm
Forum: Personal Consumer Issues
Topic: Herman Miller Aeron chair
Replies: 64
Views: 5426

Re: Herman Miller Aeron chair

This work-from-home thing is killing my back and hips. Looking for a good chair and Aeron is one of the top contenders. I have not tried it personally, and there is no store within a 2-hr radius one way from me. So my 1st question is: 1. For those who dislike, or even hate Aeron, can you please ela...
by Compound
Mon Aug 10, 2020 8:05 pm
Forum: Personal Investments
Topic: Reinvesting 1M AAPL
Replies: 36
Views: 4467

Re: Reinvesting 1M AAPL

My first post here :happy. My portfolio is mostly AAPL RSUs. With recent rally in stocks, possibility of split, market hitting 2T and plenty of China risks, I’m in a state of analysis paralysis. The $1M AAPL vested stocks I own represents 70% of my investments. How should I go about this, without r...
by Compound
Mon Aug 10, 2020 7:58 pm
Forum: Personal Consumer Issues
Topic: What price range for Daughter's first car?
Replies: 122
Views: 5946

Re: What price range for Daughter's first car?

Copy of consumer reports used car guide. Low mileage used Honda something. Low mileage used Toyota something. Help her negotiate the purchase and car inspection to be sure she is not ripped off. Coach how to select brands using reliability ratings on the "Consumer Reports Used Car Guide" ...
by Compound
Wed Aug 05, 2020 9:24 am
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 230
Views: 26590

Re: Anyone else hoarding cash right now?

I stopped investing in my taxable back in March and can't bring myself to start again. I'm still investing automatically in my 401k. I'm just holding onto my cash in case of a worst case scenario if society collapses and I need liquid funds. I don't mean the case where you'd have to live in a bunke...
by Compound
Tue Aug 04, 2020 9:06 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 336
Views: 39649

Re: What have you baked recently?

Chocolate coconut macaroons. I’ve been trying out a bunch of recipes to try to replicate a cookie my family would get from a local store during my childhood. Any time we bought them they’d be devoured in no time flat. The following recipe is the closest I’ve come and they turned out quite good (but ...