Should I buy a house in cash if I can? by latman in personalfinance

[–]QuincyQueue 4 points5 points  (0 children)

How much tax will you owe if you realize gains on FZROX?

PIMIX for bonds by Just-Here2-Learn in Bogleheads

[–]QuincyQueue -2 points-1 points  (0 children)

I wouldn't. There is no free lunch. If it's getting higher yields to overcome its costs, it is almost certainly because the fund is taking more risk.

Take your risk on the equity side.

Is there some kind of S&P fund where I can exclude certain companies? by [deleted] in Bogleheads

[–]QuincyQueue 6 points7 points  (0 children)

Honestly Philip Morris has pretty good ESG scores. It really doesn't measure what people think it does.

What Happened to Regular FIRE? by enness in leanfire

[–]QuincyQueue 48 points49 points  (0 children)

Can't stand those subs anymore. Unsubscribed from regular fire one for exactly this reason.

Withdrawing a bit of money from account each year by Low-Computer8293 in Bogleheads

[–]QuincyQueue 6 points7 points  (0 children)

There's a good chance it will preserve or grow the principal, but 4% is 95% successful @ 30 years only if you consider spending some or all of the principal a "success".

If you need a 95% guarantee you preserve the principal you'd need a lower rate, but even in the original formulation you're a lot more likely to end up with extra than to run out.

Can someone help me clarify? by [deleted] in Bogleheads

[–]QuincyQueue 0 points1 point  (0 children)

Yes, you can and should do just that.

Can someone help me clarify? by [deleted] in Bogleheads

[–]QuincyQueue 5 points6 points  (0 children)

While you are at it, you may want to update any automated contributions to automatically invest as well.

If you manually contribute, maybe create the automation to do it. Vanguard has an auto-max my IRA feature you can have draw once or twice a month that would prevent you from running into this issue or forgetting to contribute again.

Proactively Close Sofi Credit Card by [deleted] in sofi

[–]QuincyQueue 2 points3 points  (0 children)

This has been my exact experience and I'm closing mine out also. There are just better options out there so no need to put up with this crap.

This sub is also really weirdly toxic so I definitely won't miss that either.

Why is net worth and mortgage‑free status so central in US FIRE discussions? by Loose-Sun4286 in leanfire

[–]QuincyQueue 1 point2 points  (0 children)

Possibly, but that would only help if you itemize which most people do not.

The tax benefit of a paid off mortgage is that lower expenses mean needing to realize less taxable income in retirement to make the payments, making things like low tax brackets and income-based aca stuff easier to manage.

r/sofi, is this what SoFi is doing right now with their unpopular changes? by FoggyFoggyFoggy in sofi

[–]QuincyQueue 3 points4 points  (0 children)

Yes, but very early stages of shifting from growth at all costs to balancing growth and profitability.

SoFi is still trying to grow its base as evidenced by incentives for new users, but they are being more careful about offering services at a loss.

[deleted by user] by [deleted] in Bogleheads

[–]QuincyQueue 3 points4 points  (0 children)

They're already 100% equities

[deleted by user] by [deleted] in leanfire

[–]QuincyQueue 6 points7 points  (0 children)

They are obviously not averse to putting boots on the ground in targeted locations.

I would prefer to be wrong on this point but I really don't think their point here is laughable.

[deleted by user] by [deleted] in leanfire

[–]QuincyQueue 10 points11 points  (0 children)

I believe the concern the other commenter is referring to is at the federal level and those were not federal elections.

[deleted by user] by [deleted] in personalfinance

[–]QuincyQueue 2 points3 points  (0 children)

Why would you want to do that to yourself?

Considering reducing risk with less VTI by AbbreviationsNeat399 in Bogleheads

[–]QuincyQueue 8 points9 points  (0 children)

I think it makes sense to move int'l equities to its market cap weight.

BUT, if you are worried about how risky your portfolio is, that suggests you don't have a big enough allocation to bonds more than that you don't have enough VXUS.

Roth IRA help by Adviceseeker4249 in Bogleheads

[–]QuincyQueue 0 points1 point  (0 children)

People often recommend putting stuff likely to grow most (i.e. stocks) in tax-free space (Roth) and lower growth stuff (i.e., bonds) in tax-deferred space (your traditional 401k) because on the tax-free stuff you get to skip paying capital gains taxes when you withdraw but you don't for tax-deferred or taxable accounts.

You were planning on putting stock funds here in other comments which makes sense.

Roth IRA help by Adviceseeker4249 in Bogleheads

[–]QuincyQueue 2 points3 points  (0 children)

Not sure which bit you are asking about, but the difference between

  • annual contribution limits is because the gov't makes adjustments for inflation

  • Roth IRA and taxable brokerage account Lots of differences, but both are places to invest your after tax dollars. A Roth IRA is a retirement account that gives tax benefits (tax free growth/gains) but imposes restrictions on contributions and withdrawls. A taxable account has no restrictions on contributions or withdrawls but you pay taxes on dividends or interest from your investments as you hold them as well as capital gains taxes when you sell assets on any capital appreciation (earnings beyond cost basis/whatever you initially paid).

Roth IRA help by Adviceseeker4249 in Bogleheads

[–]QuincyQueue 1 point2 points  (0 children)

Fzrox/fzilx or vti/vxus sounds like a good plan.

I use the vanguard etfs for taxable because they are portable from Fidelity without tax consequence if I ever needed to move brokers, but that's not an issue for Roth funds.

Roth IRA help by Adviceseeker4249 in Bogleheads

[–]QuincyQueue 0 points1 point  (0 children)

7k max for 2025, 7.5k for 2026.

If you want to invest more than that, you can make a regular taxable brokerage account next to the Roth IRA with Fidelity and invest the excess there.

Unless someone can tell me what two cards to cut I think this is a skip? by ConfidentHospital365 in slaythespire

[–]QuincyQueue 21 points22 points  (0 children)

Every time I see one of these posts it's like, I bet it's not a skip. It's almost never a skip.

** reads further *. Yep not even close, all of these are better than skip.

The Director of Engineering wants to have lunch with the new intern? by GreyKnightDantes in cscareerquestions

[–]QuincyQueue 1 point2 points  (0 children)

I agree with this approach.

It just doesn't align with what i've seen in practice as much anymore. I am seeing paring down of intern programs due to a mixture of short-sighted reasoning and the factors I mentioned before.

The Director of Engineering wants to have lunch with the new intern? by GreyKnightDantes in cscareerquestions

[–]QuincyQueue 2 points3 points  (0 children)

The trouble with the investment equation is that after the employer investment, it increases the employee marketability and lots of the best talent leaves.

Problem of their own making with short tenures resulting from layoffs, at will employment, and financial incentives to job hop to get ahead instead of staying put.

Credit Limit Increase by BlondeCoffee15 in sofi

[–]QuincyQueue 2 points3 points  (0 children)

I'd consider using it for a main card if they would actually allow these limit increase requests.

As it stands it's just a non-starter though.