Search found 188 matches

by jtdavid
Mon Apr 19, 2021 9:43 pm
Forum: Personal Consumer Issues
Topic: Out on 4Runner - Used Lexus GX?
Replies: 34
Views: 2816

Re: Out on 4Runner - Used Lexus GX?

Great cars. Just really need updating...
by jtdavid
Sat Mar 27, 2021 2:08 pm
Forum: Personal Consumer Issues
Topic: Selling a Rolex
Replies: 24
Views: 2558

Re: Selling a Rolex

I would recommend www.davidsw.com.
by jtdavid
Tue Mar 23, 2021 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to manage elderly parent's finances
Replies: 14
Views: 1795

Re: How to manage elderly parent's finances

Just have him use the $80k to purchase a SPIA. Then you won't have to support him near as much.
by jtdavid
Sun Mar 21, 2021 1:26 am
Forum: Personal Consumer Issues
Topic: Vanguard ads on their site--can they be stopped?
Replies: 16
Views: 1665

Re: Vanguard ads on their site--can they be stopped?

About six months ago I simply sent a secure message to Vanguard asking them to stop showing me the PAS advertisements and they quickly complied. Problem solved.
by jtdavid
Fri Mar 19, 2021 3:16 pm
Forum: Investing - Theory, News & General
Topic: Strategy changes after Lean FI?
Replies: 41
Views: 3017

Re: Strategy changes after Lean FI?

My first reaction to your post was "Why increase your EF?"
by jtdavid
Fri Mar 12, 2021 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Scorp owners taking distributions-basis required
Replies: 28
Views: 1561

Re: Scorp owners taking distributions-basis required

I inquired about 10 days ago and freetaxusa informed me that the issue was fixed and efiles are now available. Thanks.
by jtdavid
Fri Mar 05, 2021 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: How do you structure accounts in your accounting software?
Replies: 3
Views: 5297

Re: How do you structure accounts in your accounting software?

20+ year user of Quicken here. I used to track a lot of detailed expense accounts, but realized 1) it didn't accomplish anything for me, and 2) I ran into a lot of issues where expenses could go in either category. If you shop at Walmart and buy clothes and groceries in the same shopping trip, are y...
by jtdavid
Fri Mar 05, 2021 11:45 am
Forum: Personal Finance (Not Investing)
Topic: e-filing taxes and partnership basis computation
Replies: 0
Views: 82

e-filing taxes and partnership basis computation

Just wanted to check in here. I have had good luck with freetaxusa.com for my personal taxes. This year they are telling me I can't efile my return because of this new basis computation requirement. I was hoping this would change so I can efile by April 15. Anyone in this situation having any luck e...
by jtdavid
Wed Mar 03, 2021 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Scorp owners taking distributions-basis required
Replies: 28
Views: 1561

Re: Scorp owners taking distributions-basis required

Just wanted to check in here. I have had good luck with freetaxusa.com for my personal taxes. This year they are telling me I can't efile because of this basis computation requirement. I was hoping this would change so I can efile by April 15. Anyone in this situation having any luck efiling this ye...
by jtdavid
Fri Feb 26, 2021 6:42 pm
Forum: Investing - Theory, News & General
Topic: Can someone explain the logic behind the Buffett Indicator?
Replies: 22
Views: 1852

Re: Can someone explain the logic behind the Buffett Indicator?

I don't like the indicator because the ratio would change depending on how many companies were public vs private.
by jtdavid
Fri Feb 26, 2021 4:34 pm
Forum: Personal Investments
Topic: Bad week to sell $550K investments?
Replies: 8
Views: 2919

Re: Bad week to sell $550K investments?

If you are making a move like this in an IRA, it shouldn't matter when you do it. I would pull the trigger.
by jtdavid
Mon Feb 22, 2021 4:47 pm
Forum: Personal Investments
Topic: Where to put $80k?
Replies: 25
Views: 3657

Re: Where to put $80k?

I would invest according to your AA. Your emergency fund is enough.
by jtdavid
Mon Feb 22, 2021 1:51 pm
Forum: Personal Investments
Topic: oh what to do?
Replies: 20
Views: 2957

Re: oh what to do?

I'd put the $1M in cash in Target Retirement Income Fund if I were you....
by jtdavid
Sun Feb 21, 2021 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Most tax-efficient way to pass a vacation home to children
Replies: 22
Views: 2284

Re: Most tax-efficient way to pass a vacation home to children

Have your parents sell the house to you and carry back a note for the entire value of the house. Interest rate on the note can be very low. And have them forgive $30k of the note balance per year.
by jtdavid
Sat Feb 20, 2021 8:54 pm
Forum: Personal Investments
Topic: Why do I never see a 50/50 split on this site or other sites?
Replies: 45
Views: 4291

Re: Why do I never see a 50/50 split on this site or other sites?

The Vanguard Tax-Managed Balanced Fund tries to be about 50/50. I've always thought it was curious that it doesn't match the Vanguard Balanced Index Fund, which is 60/40, of course. I've wondered about it too. The origins of the "60/40" portfolio continue to be a little mysterious to me. ...
by jtdavid
Sat Feb 20, 2021 9:37 am
Forum: Personal Investments
Topic: What to sell first? To complete becoming A Boglehead
Replies: 5
Views: 518

Re: What to sell first? To complete becoming Boglehead

Whats your marginal tax rate?
by jtdavid
Fri Feb 12, 2021 8:51 am
Forum: Investing - Theory, News & General
Topic: WSJ | Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard
Replies: 56
Views: 7878

Re: WSJ | Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard

If you message Vanguard they will stop bothering you with the annoying PAS ads.
by jtdavid
Wed Feb 10, 2021 8:37 pm
Forum: Personal Consumer Issues
Topic: MVNO on Verizon network...moving away from Ting
Replies: 54
Views: 4762

Re: MVNO on Verizon network...moving away from Ting

I've been happy with US Mobile. They have an unlimited minutes/text plan with 5 gb of data for less than $20 after all taxes and fees. I don't think they deprioritize speed on this plan either.
by jtdavid
Wed Feb 10, 2021 2:39 pm
Forum: Personal Investments
Topic: What to do with cash-out refi money from investment property
Replies: 20
Views: 1479

Re: What to do with cash-out refi money from investment property

People are going to want to know the interest rates on the different debts...
by jtdavid
Thu Jan 28, 2021 12:43 pm
Forum: Investing - Theory, News & General
Topic: Has Bogleheads lost its direction?
Replies: 331
Views: 29670

Re: Has Bogleheads lost its direction?

"Why did my fund drop in value?" (on an ex-dividend day...)
by jtdavid
Mon Jan 25, 2021 8:42 pm
Forum: Personal Consumer Issues
Topic: Transitioning from AT&T to MVNO (Mint Mobile?) - Please Critique This Plan
Replies: 107
Views: 5084

Re: Transitioning from AT&T to MVNO (Mint Mobile?) - Please Critique This Plan

I tried Mint Mobile but couldn't get good coverage in my area. Have been happy with US Mobile. They have a 3.5 gb plan with unlimited text and minutes for less than $20 a line after all taxes and fees. And the data speed doesn't appear to be deprioritized..
by jtdavid
Sat Jan 23, 2021 7:12 pm
Forum: Personal Investments
Topic: Bucket Approach to Retirement Planning
Replies: 9
Views: 944

Re: Bucket Approach to Retirement Planning

My plan is similar...invest in LifeStrategy Growth fund, then about 5 years out from planned retirement start investing new monies in Target Retirement Income...first several years of retirement draws will be made out of the TRI bucket while dividends from LSG will be redirected to TRI as well...kin...
by jtdavid
Thu Jan 21, 2021 12:06 pm
Forum: Personal Consumer Issues
Topic: Group Golf - Recommended Destinations?
Replies: 21
Views: 1202

Re: Group Golf - Recommended Destinations?

Bandon. Not cheap, but worth it.
by jtdavid
Sat Jan 16, 2021 5:28 pm
Forum: Personal Consumer Issues
Topic: Universal theme parks Orlando: premium experience
Replies: 34
Views: 3275

Re: Universal theme parks Orlando: premium experience

We went the week before Thanksgiving 2019 and went back the same week in 2020. Had a great time. I would suggest two days are needed to fully explore Universal. The skip the line (Universal Express) tickets are worth it. Any time over two days I would suggest the different Disney parks. And Sea Worl...
by jtdavid
Sat Jan 09, 2021 1:00 pm
Forum: Investing - Theory, News & General
Topic: $1 million to be spent down $50k/year over 20 years?
Replies: 46
Views: 6135

Re: $1 million to be spent down $50k/year over 20 years?

Vanguard Target Retirement Income should do the trick.
by jtdavid
Sat Jan 09, 2021 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Does leasing a car ever make more sense than paying cash?
Replies: 48
Views: 4790

Re: Does leasing a car ever make more sense than paying cash?

I've leased a BMW in the past. Purchased it for 90% of MSRP and put it back to the dealership at 63% of original MSRP after three years. So 9% depreciation per year. I think it was a pretty good deal as the car booked out at 50% of original MSRP at the time. I think it's pretty hard to get a lease t...
by jtdavid
Wed Jan 06, 2021 3:10 pm
Forum: Personal Investments
Topic: REITS---Time to get out?
Replies: 40
Views: 4859

Re: REITS---Time to get out?

Here's something I didn't realize until a few months ago: Do you know what the largest subsector of the Vanguard REIT Index fund is? Cell phone towers (15%). The next largest sectors are Healthcare, Apartments, and Industrial (about 10% each). And 7% of its holdings are in Data Centers.
by jtdavid
Wed Dec 02, 2020 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiated margin rates < 2% at Etrade
Replies: 15
Views: 1467

Re: Negotiated margin rates < 2% at Etrade

My firm is currently borrowing from Schwab at 1.30%.
by jtdavid
Tue Nov 17, 2020 3:40 pm
Forum: Investing - Theory, News & General
Topic: Anyone here mostly cash in portfolio?
Replies: 210
Views: 22142

Re: Anyone here mostly cash in portfolio?

1210sda wrote: Tue Nov 17, 2020 10:38 am
KlangFool wrote: Tue Nov 17, 2020 9:49 am OP,


You should choose a target retirement fund and/or a Vanguard Life Strategy fund.


KlangFool
I second this !!!
+1000. Look at Target Retirement Income fund or Life strategy Conservative Growth.
by jtdavid
Sat Nov 14, 2020 11:56 am
Forum: Investing - Theory, News & General
Topic: first million [in your retirement portfolio]
Replies: 220
Views: 37869

Re: first million [in your retirement portfolio]

1. Age 34
2. Age 19. I started investing when the markets tanked on 9/11. I believe my first investments were SPY and MDY in an account at Datek. I moved to Vanguard a year or two later.
3. No gifts/inheritance
by jtdavid
Tue Oct 20, 2020 3:43 pm
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 490
Views: 41841

Re: Items that are worth the money for the quality

Sure would be nice to have been able to read this thread without it being junked up by a couple ongoing "Mac vs PC" arguments...wish you guys would take your back and forth to a separate thread or private messages instead of clogging up this thread. Maybe one of the mods could encourage th...
by jtdavid
Mon Aug 31, 2020 2:38 pm
Forum: Personal Investments
Topic: Help me break my addiction to watching the Market / Worrying
Replies: 52
Views: 3794

Re: Help me break my addiction to watching the Market / Worrying

Make a concerted effort to simplify your portfolio. I suggest moving all your IRAs to LifeStrategy or Target Retirement funds. Less to fiddle with.
by jtdavid
Sun Aug 30, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Passive activity loss in LLC generating active income
Replies: 2
Views: 266

Re: Passive activity loss in LLC generating active income

These are two separate "types" of income and will be treated separately on the K1. You cannot offset active income with passive losses.
by jtdavid
Sat Aug 22, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: Cord cutting 2020 - Youtube TV
Replies: 142
Views: 12871

Re: Cord cutting 2020 - Youtube TV

I've had pretty good luck with Youtube TV. I recommend it.
by jtdavid
Fri Jul 31, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Sold our rental! What to do with the proceeds? (mortgage vs invest)
Replies: 19
Views: 1484

Re: Sold our rental! What to do with the proceeds? (mortgage vs invest)

How about the option of keeping/investing the cash, and doing a no cost refinance right now to get your rate down to the 2.75% range? That should be the baseline case.
by jtdavid
Mon Jul 20, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 20139

Re: [Average return for 100/0, 70/30 asset allocation]

There is no evidence. Just another wild accusation based on fiction. Wild accusation? It is common knowledge that the average mutual fund investor does worse than the funds they invest in due to timing and behavioral mistakes. There are tons of studies that indicate this. https://www.google.com/amp...
by jtdavid
Mon Jul 20, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 20139

Re: [Average return for 100/0, 70/30 asset allocation]

As was pointed out multiple times in this thread, the end results of 30 years of investment are only valid if one succeeds to stay the course, with no troublesome unemployment period and no behavioral issue. Those things happen in real life, unfortunately, and more often than not, at a pretty bad t...
by jtdavid
Mon Jul 20, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 20139

Re: [Average return for 100/0, 70/30 asset allocation]

Obviously, in the past, stocks have beaten bonds, so a buy and hold investor in the accumulating phase who was 100% equity outperformed a 70/30 investor in any of these charts using historical data. But in the real world, with real people acting emotionally and irrationally at times, I agree that t...
by jtdavid
Mon Jul 20, 2020 11:35 am
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 20139

Re: [Average return for 100/0, 70/30 asset allocation]

Obviously, in the past, stocks have beaten bonds, so a buy and hold investor in the accumulating phase who was 100% equity outperformed a 70/30 investor in any of these charts using historical data. But in the real world, with real people acting emotionally and irrationally at times, I agree that t...
by jtdavid
Mon Jul 20, 2020 10:38 am
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 20139

Re: [Average return for 100/0, 70/30 asset allocation]

Obviously, in the past, stocks have beaten bonds, so a buy and hold investor in the accumulating phase who was 100% equity outperformed a 70/30 investor in any of these charts using historical data. But in the real world, with real people acting emotionally and irrationally at times, I agree that th...
by jtdavid
Tue Jul 14, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1760
Views: 165168

Re: My LenderFi refinance is going well

Emailed my LenderFi loan officer from my January 2020 refinance. Despite the website disclaimer indicating no new loans, he locked me in a new "no-cost" 30 year fixed loan at 2.75%. Its a pretty big loan and about a 50% LTV. Very pleased. I also had a refi through them in January and emai...
by jtdavid
Mon Jul 13, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1760
Views: 165168

Re: My LenderFi refinance is going well

Emailed my LenderFi loan officer from my January 2020 refinance. Despite the website disclaimer indicating no new loans, he locked me in a new "no-cost" 30 year fixed loan at 2.75%. Its a pretty big loan and about a 50% LTV. Very pleased.