Search found 2125 matches

by galawdawg
Fri Apr 16, 2021 9:53 am
Forum: Personal Finance (Not Investing)
Topic: How foolish is this? [Buying waterfront apartment in Florida]
Replies: 95
Views: 8559

Re: How foolish is this? [Buying waterfront apartment in Florida]

It just went on the market and the open house at 9AM today was a feeding frenzy. The owners are going to sort through offers tomorrow and choose the best one. I won't chime in with my thoughts since according to this, it is too late! What was the end result? Did you make an offer? Are you under con...
by galawdawg
Fri Apr 16, 2021 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?
Replies: 79
Views: 7201

Re: Does it make sense that a car dealer needs to do a hard pull if you pay in full by check (cash)?

There is a very simple solution: if you don't like the way a business treats you or how they operate, take your business elsewhere. Freedom of choice. Vote with your wallet.
by galawdawg
Thu Apr 01, 2021 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Need help selecting a moderate cost trusts and estates attorney
Replies: 17
Views: 907

Re: Need help selecting a moderate cost trusts and estates attorney

Are there any issues with the current attorney or are you merely looking to shave costs? Have you asked the attorney for an estimate of time to complete the desired change of trustee? You may think $650/hr is too high but if this attorney has handled all of the legal matters in connection with this ...
by galawdawg
Thu Apr 01, 2021 4:06 pm
Forum: Personal Investments
Topic: Vanguard site issues
Replies: 54
Views: 4561

Re: Vanguard site issues

It is always a source of interest in these threads how some folks want to assess fault against the Vanguard "client-owner", rather than Vanguard, when Vanguard fails to deliver. Why is it important whether the poster "needs" to complete a transaction within an hour or a day...per...
by galawdawg
Tue Mar 30, 2021 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Online purchase damaged during shipment - PayPal or credit card dispute?
Replies: 12
Views: 747

Re: Online purchase damaged during shipment - PayPal or credit card dispute?

Here are a few suggestions: 1. Do not attempt to install, repair or do anything with the item other than safely store it, along with the packaging item. If a claim has actually been made by the seller with the freight company, the freight company may need to inspect the item and the packaging materi...
by galawdawg
Mon Mar 29, 2021 7:19 am
Forum: Personal Investments
Topic: Paper check for 401k rollover
Replies: 21
Views: 1152

Re: Paper check for 401k rollover

If you set up the rollover as trustee-trustee, your 401k provider will send the funds directly to your brokerage.

That is how we handled ours and once set up, it was hands off.
by galawdawg
Sun Mar 28, 2021 10:03 am
Forum: Personal Finance (Not Investing)
Topic: POA questions
Replies: 7
Views: 459

Re: POA questions

A better option might be to have your mother put all her property, and specifically the house, in a revocable trust, naming one brother as primary trustee, with the other as secondary trustee. Then record a Trust Summary at the registry of deeds. This will enable the Trustee to easily sell the prop...
by galawdawg
Sun Mar 28, 2021 9:37 am
Forum: Personal Investments
Topic: The safest way to 7%?
Replies: 88
Views: 8355

Re: The safest way to 7%?

Vanguard LIfeStrategy Conservative Growth (VSCGX, ER 0.13%, 40/60 allocation) has had an average annual return of 7.05% since inception in 1994. Vanguard LIfeStrategy Moderate Growth (VSMGX, ER 0.13%, 60/40 allocation) has had an average annual return of 7.89% since inception in 1994. As others note...
by galawdawg
Sun Mar 28, 2021 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Single Mom - Home purchase ?
Replies: 40
Views: 3291

Re: Single Mom - Home purchase ?

While many will suggest that you compare your proposed monthly mortgage, taxes and insurance PITI to the cost to rent something similar to what you would buy, (i.e. mortgage on four bedroom house vs rent on four bedroom house) you may want to instead compare rent on what you would lease to the propo...
by galawdawg
Sun Mar 28, 2021 6:29 am
Forum: Personal Investments
Topic: 500k portfolio needing 3k/month income.
Replies: 40
Views: 5150

Re: 500k portfolio needing 3k/month income.

Vanguard LIfeStrategy Conservative Growth (VSCGX, ER 0.13%, 40/60 allocation) has had an average annual return of 7.05% since inception in 1994. Vanguard LIfeStrategy Moderate Growth (VSMGX, ER 0.13%, 60/40 allocation) has had an average annual return of 7.89% since inception in 1994. Those may be t...
by galawdawg
Sat Mar 27, 2021 6:54 pm
Forum: Personal Investments
Topic: Financial plan to make most money possible.
Replies: 32
Views: 2577

Re: Financial plan to make most money possible.

Would these two be comparable to VTSAX OR VTI my 401k doesn't have a total stock mutual fund. Vanguard Institutional Index Fund Institutional Shares MUTF: VINIX Plus Vanguard Extended Market Index Fund Institutional Shares MUTF: VIEIX VINIX is essentially the same index as VTSAX (there's your total...
by galawdawg
Sat Mar 27, 2021 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retire vs resign - Is there a difference?
Replies: 81
Views: 8150

Re: Retire vs resign - Is there a difference?

It is completely dependent upon the particular employer's separation and retirement policies.
by galawdawg
Sat Mar 27, 2021 6:43 pm
Forum: Personal Investments
Topic: Financial plan to make most money possible.
Replies: 32
Views: 2577

Re: Financial plan to make most money possible.

Would these two be comparable to VTSAX OR VTI my 401k doesn't have a total stock mutual fund. Vanguard Institutional Index Fund Institutional Shares MUTF: VINIX Plus Vanguard Extended Market Index Fund Institutional Shares MUTF: VIEIX VINIX is essentially the same index as VTSAX (there's your total...
by galawdawg
Sat Mar 27, 2021 6:41 pm
Forum: Personal Investments
Topic: Financial plan to make most money possible.
Replies: 32
Views: 2577

Re: Financial plan to make most money possible.

Would these two be comparable to VTSAX OR VTI my 401k doesn't have a total stock mutual fund. Vanguard Institutional Index Fund Institutional Shares MUTF: VINIX Plus Vanguard Extended Market Index Fund Institutional Shares MUTF: VIEIX Yes, those two funds combined provide exposure to the entire US ...
by galawdawg
Sat Mar 27, 2021 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab referral bonus question [tax reporting]
Replies: 8
Views: 687

Re: Schwab referral bonus question

Can’t speak for Schwab but at Fidelity, I was 1009-d for taxable but not Roth. That's not right of Fidelity. Was your social security number on the 1099 or was it something you don't recognize (the ira custodian)? If it was your SSN I would report it then do another line and take it off your 1040. ...
by galawdawg
Sat Mar 27, 2021 6:23 pm
Forum: Personal Investments
Topic: Financial plan to make most money possible.
Replies: 32
Views: 2577

Re: Financial plan to make most money possible.

Welcome to Bogleheads! You can't go wrong with a simple one, two or three-fund portfolio of low-cost index funds. One fund would be a total US stock index fund (VTSAX or VTI). You can add an international stock index fund (VTIAX or VXUS) and/or a total bond index fund (VBTLX or BND) to make the two-...
by galawdawg
Sat Mar 27, 2021 5:37 pm
Forum: Personal Consumer Issues
Topic: From your personal experience, bathroom in finished basement?
Replies: 37
Views: 2726

Re: From your personal experience, bathroom in finished basement?

Our current home has a very large basement that is about 70% finished with a workout room, home theater and game room. Unfortunately, when the house was built and the basement finished, no bathroom was installed in the basement. Not having at least a two-piece bathroom in the basement is certainly a...
by galawdawg
Sat Mar 27, 2021 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Claiming college grad in regards to stimulus.
Replies: 23
Views: 1307

Re: Claiming college grad in regards to stimulus.

IRS publication 501 outlines the requirements for claiming a dependent (beginning at page 10) and would be helpful to review: https://www.irs.gov/pub/irs-pdf/p501.pdf The requirements for claiming a dependent in this situation are: 1. The child must be your son, daughter, stepchild, foster child, b...
by galawdawg
Sat Mar 27, 2021 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Owned a home, rented it for 2 years, then sold - Still owe tax?
Replies: 39
Views: 2832

Re: Owned a home, rented it for 2 years, then sold - Still owe tax?

As others have mentioned, allowed and allowable depreciation will account for some tax liability. See https://www.irs.gov/faqs/capital-gains-losses-and-sale-of-home/property-basis-sale-of-home-etc/property-basis-sale-of-home-etc-5 And yes, you are required to report the sale of the rental property. ...
by galawdawg
Sat Mar 27, 2021 9:49 am
Forum: Personal Finance (Not Investing)
Topic: TOD for home - need attorney?
Replies: 7
Views: 796

Re: TOD for home - need attorney?

Got it. I'd still recommend a consultation with an experienced estate planning attorney, particularly if you are contemplating a trust at some point. IMO, it is better to have a plan done right the first time rather than doing things piecemeal, incorrectly or in a manner that may result in unforseen...
by galawdawg
Sat Mar 27, 2021 9:34 am
Forum: Personal Finance (Not Investing)
Topic: TOD for home - need attorney?
Replies: 7
Views: 796

Re: TOD for home - need attorney?

Is your home not already titled JTWROS? If so, what are you trying to accomplish? If not, wouldn't that be more desirable than TOD? Either way, if you want to be sure that whatever is prepared is effective to carry out your wishes, I'd recommend an attorney. After all, it you get it wrong, you can't...
by galawdawg
Thu Mar 25, 2021 4:28 pm
Forum: Personal Consumer Issues
Topic: How to get "back in stock" notification for unavailable products?
Replies: 5
Views: 515

Re: How to get "back in stock" notification for unavailable products?

Hi guys, Do you know a way to get a "back in stock" notification for items that are currently out of stock on a website? There are some websites like eBay where an item will say "out of stock" or "0 available", but no option to get an alert when the item is available a...
by galawdawg
Thu Mar 25, 2021 4:02 pm
Forum: Personal Consumer Issues
Topic: Repairs without authorization
Replies: 16
Views: 1132

Re: Repairs without authorization

I'm upset he didn't notify me about the work beforehand and proceed to make me feel bad about the issue afterwards. If he told me beforehand I would have authorized the charges. How did he "proceed to make you feel bad about the issue afterwards?" Has he done good work for a fair price in...
by galawdawg
Thu Mar 25, 2021 10:25 am
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10495

Re: JTWRS Nightmare - what are my options?

Another approach might be to open an online joint brokerage account at another brokerage (e.g., Fidelity). I've opened joint accounts at Fidelity and only needed the other joint owner's info (SSN, address, etc.) . In my case, I opened a joint account with my son. Once the joint account is open, you...
by galawdawg
Thu Mar 25, 2021 7:42 am
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10495

Re: JTWRS Nightmare - what are my options?

If you are unwilling to communicate with the co-owner of the account, you should consult with an attorney. The self-help remedies that you are considering or that have been suggested are likely to be ineffective or could expose you to legal liability. I wouldn't recommend any of them. IANYL. Hope yo...
by galawdawg
Wed Mar 24, 2021 4:23 pm
Forum: Personal Investments
Topic: Vanguard alternative
Replies: 57
Views: 4575

Re: Vanguard alternative

I don't understand with your tech savvy why you cannot look at the other major brokerage web sites and just make a choice. Here are some of the names of them: Fidelity Schwab TDAmeritrade (bought by Schwab) Those really are the choices nowadays though some folks mention E*Trade, Chase YouInvest, Me...
by galawdawg
Wed Mar 24, 2021 11:05 am
Forum: Personal Investments
Topic: Desperately asking for help - Thank you!
Replies: 39
Views: 5357

Re: Desperately asking for help - Thank you!

I do not recommend that you seek advice from a CFP or other advisor, some (or even many) of whom are compensated in part or in whole by selling you products and services. From your post, it appears you have a greater need for assistance with management of your investments rather than just requiring ...
by galawdawg
Tue Mar 23, 2021 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Should I apply for PPP#2 as independent contractor?
Replies: 1
Views: 223

Re: Should I apply for PPP#2 as independent contractor?

Since Bogleheads is a forum dedicated to "Investing Advice Inspired by Jack Bogle", as you consider which approach to take, you may find it helpful to think about how Jack Bogle may have viewed such a decision. From an article published shortly after his passing, this was said about Jack: ...
by galawdawg
Tue Mar 23, 2021 4:42 am
Forum: Personal Finance (Not Investing)
Topic: JTWRS Problems - what are my options?
Replies: 136
Views: 10495

Re: JTWRS Nightmare - what are my options?

The JTWRS account is setup with "&" and not an "or" so it requires 2 signatures to cash any redemption check. Does anyone know of a lawyer that specializes in JTWRS when one person refuses to sign? Am I reading your post correctly that you have not yet contacted your family ...
by galawdawg
Mon Mar 22, 2021 1:09 pm
Forum: Personal Investments
Topic: 401K Investment Options: Is This a Real Index Fund? (MXKWX)
Replies: 11
Views: 640

Re: 401K Investment Options: Is This a Real Index Fund? (MXKWX)

I don't see an issue with MXKWX. If you compare it to VFIAX and the Vanguard 500 Index Investor Shares in Portfolio Visualizer, the performance appears to track them both within 0.5%. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&...
by galawdawg
Mon Mar 22, 2021 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: House buying negotiations
Replies: 122
Views: 9767

Re: House buying negotiations

Update- Our last offer was 1.23 M. I also sent preapproval letter to the seller for 1.25 M. This was 5 weeks ago. In meantime others also saw the house. Our situation also changed and we are not so keen on moving. Seller sent me a detailed text today mentioning they had received offers above asking...
by galawdawg
Mon Mar 22, 2021 4:22 am
Forum: Personal Consumer Issues
Topic: Smoke Detector Help - 5 chirps
Replies: 28
Views: 2158

Re: Smoke Detector Help - 5 chirps

Are you able to safely check the voltage of the power supply to the location of the chirping detector? It sounds like the issue may be specific to the wiring or plug at that location. Thanks for responding. There is power coming to the location (checked), but unfortunately not able to verify voltag...
by galawdawg
Sun Mar 21, 2021 10:13 am
Forum: Personal Consumer Issues
Topic: Smoke Detector Help - 5 chirps
Replies: 28
Views: 2158

Re: Smoke Detector Help - 5 chirps

We have tried: - replacing the battery in the detector that was chirping (fresh battery from a brand-new two pack of batteries) and holding the button to reset the unit - replacing batteries in the other 5 detectors (from another new pack of batteries) and resetting the units - replacing the unit t...
by galawdawg
Sat Mar 20, 2021 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Itemize to save on state taxes?
Replies: 19
Views: 1448

Re: Itemize to save on state taxes?

I am not aware of any downsides to that approach. Georgia is one of those states where your deductions are dependent upon your federal return...if you take the federal standard deduction you must take the state standard deduction and if you itemize on federal you must itemize on state. Each year I c...
by galawdawg
Sat Mar 20, 2021 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Is switching primary taxpayer on MFJ filing a bad idea?
Replies: 25
Views: 2519

Re: Is switching primary taxpayer on MFJ filing a bad idea?

The reason I want to switch is so that we can e-file this year, and hopefully get any refund and our stimulus payment faster. If we paper file, I expect it will be another year+. I expect to get the Social Security birthday issue resolved at some point, but probably not before the filing date this ...
by galawdawg
Thu Mar 18, 2021 5:47 pm
Forum: Personal Consumer Issues
Topic: Lien on house from over 10 years ago I didn't know about
Replies: 18
Views: 2179

Re: Lien on house from over 10 years ago I didn't know about

With all respect to my friend Clark Howard, this is not a consumer situation that he or his staff will be able to help with. You'll need to consult with an experienced and trusted Arizona attorney for advice and assistance. Removal of the lien will likely require legal action. It does appear that Ar...
by galawdawg
Thu Mar 18, 2021 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Form 1116 IRS bug & e-file software rejections
Replies: 2
Views: 277

Re: Form 1116 IRS bug & e-file software rejections

You may want to search for threads on this issue with your particular tax software. Here are a few: https://www.bogleheads.org/forum/viewtopic.php?t=338515 https://www.bogleheads.org/forum/viewtopic.php?f=2&t=340553 The thread particular to the software you are using will have the most up-to-dat...
by galawdawg
Thu Mar 18, 2021 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Getting ready to fire my bank...
Replies: 31
Views: 4506

Re: Getting ready to fire my bank...

Do you really need a SDB or would a fire resistant safe (bolted to a floor or wall if necessary) be sufficient? Do you have many occasions to deposit cash? If you don't require a SDB and the ability to deposit cash, you might consider just doing your banking at Fidelity...
by galawdawg
Thu Mar 18, 2021 9:22 am
Forum: Investing - Theory, News & General
Topic: Account restricted due to 3 good faith violation
Replies: 31
Views: 5042

Re: Account restricted due to 3 good faith violation

I got 3 good faith violations in the 365 day period. I was completely unaware of the rule because I have ever had it happen. If you are going to play the frequent trading game, it would be wise to educate yourself on the applicable regulations that apply to your account and your trading activity. Y...
by galawdawg
Thu Mar 18, 2021 8:49 am
Forum: Personal Investments
Topic: Early Redemption Fee to exchange Fidelity index funds in a new Vanguard Roth IRA account
Replies: 23
Views: 1131

Re: Early Redemption Fee to exchange Fidelity index funds in a new Vanguard Roth IRA account

To be on the safe side, don't exchange until sixty (60) days has passed from the date you purchased the Fidelity index funds (not the date of the transfer in-kind). If you prefer not to wait that length of time, just call Vanguard and ask.
by galawdawg
Wed Mar 17, 2021 10:21 am
Forum: Personal Investments
Topic: A few days to decide...Should I Withdraw SS application?
Replies: 21
Views: 1782

Re: A few days to decide...Should I Withdraw SS application?

Do you need the social security now to make ends meet? It doesn't appear that you do based upon your pension and your portfolio. Delaying social security to age 70 would likely be a wise decision, therefore, you would want to withdraw your SS application. Have you looked at Open Social Security to s...
by galawdawg
Wed Mar 17, 2021 7:16 am
Forum: Personal Consumer Issues
Topic: Live on a lake in Florida?
Replies: 40
Views: 5403

Re: Live on a lake in Florida?

Florida Gators....a definite CON!

Image
by galawdawg
Wed Mar 17, 2021 5:58 am
Forum: Personal Finance (Not Investing)
Topic: 1040 Filing by USPS; Will Credit For Next Year Be Applied?
Replies: 5
Views: 412

Re: 1040 Filing by USPS; Will Credit For Next Year Be Applied?

It appears this is a known issue and not limited to TurboTax: https://ttlc.intuit.com/community/taxes/discussion/e-file-rejected-due-to-foreigntaxespaidoraccrueddt-on-form-1116/00/1964933 https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/form-1116-efile-error/00/130979 htt...
by galawdawg
Tue Mar 16, 2021 2:39 pm
Forum: Investing - Theory, News & General
Topic: What are the odds of losing everything in a legit real estate deal/fund?
Replies: 31
Views: 2118

Re: What are the odds of losing everything in a legit real estate deal/fund?

Anywhere from 0% to 100%. Seriously, I don't know how anyone here can opine on the risk of the particular investment you are contemplating... Do you have a link to a prospectus? If this is a non-traded REIT, be aware that if the redemption policy is suspended, you may be stuck holding your investmen...
by galawdawg
Tue Mar 16, 2021 2:28 pm
Forum: Personal Consumer Issues
Topic: Parking RV In Driveway
Replies: 60
Views: 4592

Re: Parking RV In Driveway

Question......can most driveways support a large RV? I am just curious if I should be concerned with cracking etc. The RV will be large and am not sure if the driveway can handle the weight or not. Does anyone have any experience with this? I'm not sure it matters, in that I don't think it will cos...
by galawdawg
Tue Mar 16, 2021 2:02 pm
Forum: Personal Investments
Topic: This is a dumb idea....right?
Replies: 21
Views: 3084

Re: This is a dumb idea....right?

That's a huge amount of money just for "simplicity". As was mentioned, your tax hit alone will pay for a lot of Vanguard PAS AUM fees. In fact, it will pay for about twenty-five (25) years worth with your current portfolio. You could go ahead and move any tax-advantaged funds into balanced...
by galawdawg
Tue Mar 16, 2021 12:44 pm
Forum: Personal Consumer Issues
Topic: Parking RV In Driveway
Replies: 60
Views: 4592

Re: Parking RV In Driveway

It depends on the weight of the coach and the construction of the driveway. You may wish to look at existing threads on some of the RV forums, like this one: https://www.irv2.com/forums/f258/parkin ... 18739.html
by galawdawg
Tue Mar 16, 2021 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Trustee is refusing to give me an annual statement
Replies: 39
Views: 3762

Re: Trustee is refusing to give me an annual statement

While we are glad you have joined us, Bogleheads is a personal finance and investing forum and while well-intentioned Bogleheads may provide some suggestions for you, you won't find legal advice here. Not really a fair statement. I see legal advice given constantly. Gill Fair point. My statement wa...
by galawdawg
Mon Mar 15, 2021 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Asking HR for a raise
Replies: 52
Views: 4946

Re: Asking HR for a raise

I would probably be tempted to reply, "Am I understanding you correctly that you want me to find a less qualified, less experienced candidate with no tenure at this firm to be my direct report and offer them a salary that exceeds mine by 10%"? If you truly believe that you are valued and r...
by galawdawg
Mon Mar 15, 2021 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Trustee is refusing to give me an annual statement
Replies: 39
Views: 3762

Re: Trustee is refusing to give me an annual statement

HI, I have a trust created by my mother on her passing intended to provide for my housing. The trustee is refusing to provide an annual statement as required by Maryland law. How can I compel him to do this? The trust was created in Maryland in 2014. You would have to file a legal action seeking an...