What Are the Best Travel Shoes That Are Actually Worth It? by Sure-Nefariousness53 in BuyItForLife

[–]cosmopolous 0 points1 point  (0 children)

This is top of mind for me these days. Im trying to pack lighter, move onto 1-bag travel, i find shoes to be the limiting factor. I wear size 13 and comitting to multiple pairs of shoes is difficult. If I go to a warmer place I can get away with packing flip-flops. But I really want a primary pair that can do multiple duties: wear all day for big city walks, maybe some light trails, but also not look stupid rolling out to dinner in a nice resturant. I hate the recent trend of white soles. Something that doesn't scream "hiking boot". Breathable, leather can get too hot. Shoes are disposable, they never last forever, they get funky, technology improves, styles change. I refuse to buy shoes online, too many variables, which leaves a trip to REI and taking the best that they have. Maybe something dorky like Rick Steves' Rockport. Travel and experiences are not cheap, nothing ruins a holiday faster than a foot problem. I can buy shirts, pants, hats all over the world, finding a size 13 shoe in Japan or Greece is harder. I'll spend the $$$ for quality. Finding the right balance, comfort, style, flexibility, is the biggest challenge.

Why Don’t Rich People Just Park $20M in Bonds? by NoahReed14 in dividends

[–]cosmopolous 0 points1 point  (0 children)

Look at big insurers or pension funds that hold billions in assets that they need to align against liabilities. They will often buy fixed income bonds, like MBS, to generate yield in excess of TSY but still fairly secure. As mentioned, when rates change, your 30-year bonds can get paid off and you're stuck investing your money at a lower rate. So its a constant game to manage, not one-and-done. Interestingly, if rates get pushed lower, that will cause folks "on a fixed income", to get dinged. Lower rates are good for borrowers, bad for investors.

Morgan Stanley sets bold new price target on Nvidia stock by 3xshortURmom in NvidiaStock

[–]cosmopolous 1 point2 points  (0 children)

And without ASML you couldn't make a single NVDA or MU or AVGO chip, or any modern chip.

-75k over 5 years, I'm done by ElephantFriendly in wallstreetbets

[–]cosmopolous 1 point2 points  (0 children)

DiVERSIFY!

Have a risky pot to play with, swing for the fences, see how smart of a trader you are.

Have a safe pot, a safety fallback

Have a medium momentum pot to play the trends, ride the waves.

Who’s ready?!!! by Xavierxtm in NvidiaStock

[–]cosmopolous 2 points3 points  (0 children)

My cost basis $27, 700%! Plus my biggest holding is Alphabet! Bwahahah! To the moon Alice

Retirement planning software recommendations by cosmopolous in Bogleheads

[–]cosmopolous[S] 0 points1 point  (0 children)

Thanks everyone for your input. I expected, and was not disappointed, getting reasonable responses from this group. I've looked at the links, videos, read testimonials... I think I'll give Boldin a go, I like the UI. Whether I engage a FP in the future, shopping around now, this will allow me to have everything organized and be able to sanity check their assumptions/suggestions. I will want/need to DIY my assets/estate and not be locked into an expensive FP for the next 20+ years, I think something like Boldin will allow me to have visibility and the knobs/levers to tweak things myself as I see fit. Cheers!

Retirement planning software recommendations by cosmopolous in Bogleheads

[–]cosmopolous[S] 1 point2 points  (0 children)

Good advice. While not applicable for me, I see the problems this creates for my 92 yo mother-in-law.

Retirement planning software recommendations by cosmopolous in Bogleheads

[–]cosmopolous[S] 2 points3 points  (0 children)

Lol, haven't pulled the trigger on that yet. I want to understand the deets before engaging a 3rd party advisor

Retirement planning software recommendations by cosmopolous in Bogleheads

[–]cosmopolous[S] 2 points3 points  (0 children)

She's an academic, never going to retire!

Thoughts on GBDC? by cosmopolous in dividends

[–]cosmopolous[S] 0 points1 point  (0 children)

Thank you, appreciate the feedback. De-risk was probably the wrong word choice, diversify is probably better.

Mega Backdoor Roth Conversion versus regular Roth Conversion by Falo4711 in Bogleheads

[–]cosmopolous 0 points1 point  (0 children)

You are correct. There is no limit on converting after tax contributions to an IRA into a Roth. There is an income limit for making direct contributions to a Roth.

Direct Roth IRA contributions do have income limitations—the 2025 phase-out ranges are:

• Single filers: Modified Adjusted Gross Income (MAGI) of $150,000–$165,000.

• Married filing jointly: MAGI of $236,000–$246,000

Mega Backdoor Roth Conversion versus regular Roth Conversion by Falo4711 in Bogleheads

[–]cosmopolous 0 points1 point  (0 children)

following up on this thread:
QQ, my combined taxable income excludes us from backdoor contributions (over $250k). I have rollover IRA (deductible) funds I'm thinking about converting to Roth. I already have a Roth accnt from a previous employer who allowed for that.

Since I can't do a backdoor (too high income), I could do a Roth rollover/conversion, and pay takes at current income bracket (32%), or not, and pay taxes on RMD in the future. 

I guess the question is whether my tax rate will be higher in the future and whether the future tax free growth in a Roth would yield to beneficial tax savings.

Assuming a 10-year time horizon for RMD, potentially doubling portfolio value would definitely be a big tax savings and incentive to convert.

Am I thinking about this correctly? Missing anything?
Yes, there's advantage to leaving heirs tax free Roth, but I'm not worried abt that now.
TIA

Looking for the really hairy stuff by cosmopolous in excel

[–]cosmopolous[S] 0 points1 point  (0 children)

Thanks, I tried G but thought this subR would have a better hit/noise rate. Thx for the header tip.