Personal Finance (Not Investing) • Paying cash for a house vs rent in retirement
I keep having this fantasy of someday in retirement paying cash for a house, as opposed to renting my entire retired life. Not interested in any mortgage, but I am an extremist. I like the idea of...
View ArticlePersonal Investments • 64 YO, Idvisor recomends 70/30 AA
So, I met with my Fidelity advisor today (Premium Services with no fee). As usual, we went over expenses, taxes, large upcoming purchases etc. which has always been entered into the analyzation...
View ArticleInvesting - Theory, News & General • Book: The Case for Dividend Growth
Just because your cash is financial doesn't mean you can't manage it yourself.Pick vanguard, since this is the bogleheads forum. Accumulate money in amoney market fund and periodically transfer it to...
View ArticlePersonal Investments • Mega Backdoor Roth Conversion Question
How much gains are we talking because a rollover back in is pretty easy and if you need regular backdoor roth then your tax rate is reasonably high.Statistics: Posted by placeholder — Fri May 10, 2024...
View ArticlePersonal Finance (Not Investing) • Reverse Mortgage a Good Idea for Elderly...
How so? A reverse mortgage rewards longevity. If you live in the mortgaged house beyond the breakeven point of receiving benefits commensurate with the value of the house, you can keep living in the...
View ArticlePersonal Finance (Not Investing) • how many brokerage firms?
TRowePrice is where my employer's 401K has been. ...If I rolled it over, I'd roll 75% of the account over "in kind" because I like the funds. You can't actually transfer a 401k "in kind". It will be...
View ArticlePersonal Investments • Paying for college without 529
Like most people, my financial situation has changed quite a bit from before I had kids. When my kids were born I was strapped financially and when I started looking into saving for their college I...
View ArticlePersonal Investments • Where to go from SGOV
Stocks pretty reliably go up over longer spans of time. We can say no such thing about interest rates, although they have been quite low for much of the 2000's.Ha. Recency bias.Look at the Japanese...
View ArticleInvesting - Theory, News & General • Important things you've learned on...
This thread reminded me of the classic from WhiteCoatInvestors site ...I always laugh if I go to that site because of all the stock photos and graphics of stethoscopes. I rarely see an actual...
View ArticleNon-US Investing • Is NIIT a problem for US person living abroad?
I think your first sentence misses the point. You can easily be tax-resident in multiple countries. The treaty does not resolve this by declaring you to be resident in only one of them. Rather, it...
View ArticlePersonal Finance (Not Investing) • Bank of America/Merrill Edge - Preferred...
I'm a new BOFA customer with approved Customized Cash for $23k CL I'm also Preferred Rewards PHAfter applying for BoFA Premium Rewards card y'day I was asked by BoFA for income and SSN verification....
View ArticlePersonal Finance (Not Investing) • Just filed for Social Security and feeling...
In my case there were other things like taxes which were not in the model which were more important than getting that last 2%.+1OP, I hope your future RMDs (after your tax-deferred accounts have...
View ArticleInvesting - Theory, News & General • Vanguard Cash Plus Account
IRS Direct Pay now recognizes Cash Plus (comes up as PNC). I made my extension tax payment last month and it went through fine.I just tried it and although the routing number was recognized as PNC, CP...
View ArticlePersonal Finance (Not Investing) • Wills, TODs, and promissory notes
Who is mom's Personal Representative who will take charge to pay any outstanding bills? Funeral arrangements? If all accounts are PoD/ToD, are your sibs gonna chip in their prorata share?If mom...
View ArticleInvesting - Theory, News & General • Y'all may be missing the point of TIPS
1. The point of owning TIPS is best fulfilled by long TIPS—the longer the better, up to your life expectancy and a cushion.That's one purpose of owning TIPS-- having an asset that outpaces inflation...
View ArticleInvesting - Theory, News & General • Vanguard Notice - Update to...
I think Vanguard is gonna end up with a lot of unclosed accounts holding about $1 each. :twisted:IRAs maybe, but if you are willing to liquidate a taxable account, realizing any gains, and ACH the...
View ArticlePersonal Consumer Issues • Need help Ordering New Mercedes
If you are dead set on owning it long term, then a custom order, plus a lease to take advantage of the $7.5k rebate, and then an immediate buyout is a path to consider. You likely still come out ahead...
View ArticlePersonal Finance (Not Investing) • New Fidelity Rewards Credit Card Chip + PIN?
Also note that as I wrote earlier, if you use your phone with applepay or google pay, it works like a chip+pin transaction so will work in virtually all locations needed chip+pin.Unfortunately with...
View ArticlePersonal Investments • Financial Advisor - on hourly basis?
Highly recommend Mr. Ferri for investment advice. Been consulting him for the past 5+ years now and I find his advice very timely and actionable. You can get more info at...
View ArticlePersonal Investments • Which MMF to choose?
If one wants to park emergency fund and other fund, say 100-200K, which MMF to use or should one divide it between different money market funds?No state income taxspaxx vs swvxx vs vmfxx or any other...
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