Search found 9986 matches

by stan1
Sun May 16, 2021 9:34 am
Forum: Investing - Theory, News & General
Topic: Are Vanguard's 10-year forecasts flawed in any way?
Replies: 25
Views: 2361

Re: Are Vanguard's 10-year forecasts flawed in any way?

I'd recommend listening to the Bogleheads Podcast interview with Joe Davis, the head economist at Vanguard. https://www.bogleheads.org/blog/portfolio/joe-davis/ In his interview he addresses a lot of questions about Vanguard's forecast and why that product even exists. Short answer: He does not reco...
by stan1
Sat May 15, 2021 12:51 pm
Forum: Personal Consumer Issues
Topic: Suits (for work) - where and what brands?
Replies: 30
Views: 2543

Re: Suits (for work) - where and what brands?

I have good experience with https://www.indochino.com/ How was the fit when you first bought it? I've been skeptical about measuring myself and ordering a suit online. They have several store fronts in NYC where they will measure you and you can see the product. If your body is not typical in any w...
by stan1
Sat May 15, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: How is Bogle's Vanguard held accountable?
Replies: 27
Views: 3019

Re: How is Bogle's Vanguard held accountable?

Also keep in mind that a share owner typically has 2 big methods of influence, to vote their shares (which they can't do at Vanguard or with most mutual funds/fund companies), and to sell their shares and move money elsewhere (a right mutual fund holders retain). Agree, and I would add that one can...
by stan1
Sat May 15, 2021 10:47 am
Forum: Investing - Theory, News & General
Topic: Rick Ferri and Bonds
Replies: 36
Views: 3817

Re: Rick Ferri and Bonds

Are you asking for yourself or someone else?

You: 30% VTI | 20% VXUS | 22.5% VGIT | 22.5% TIPS | 5% CASH || Age 45 | Retired | 33X

That's very important information (early retiree with 33X expenses in investments)

Are you re-considering your 50 equity /50 fixed income asset allocation?
by stan1
Sat May 15, 2021 8:59 am
Forum: Investing - Theory, News & General
Topic: How is Bogle's Vanguard held accountable?
Replies: 27
Views: 3019

Re: How is Bogle's Vanguard held accountable?

But where does accountability end at Vanguard? The front page of their website (vanguard.com) says in bold letters: "At Vanguard you're more than just an investor, you're an owner." This is a marketing statement. It is not clear to me in fact how Vanguard's opaque governance is better for...
by stan1
Sat May 15, 2021 8:20 am
Forum: Personal Investments
Topic: reason for taxible money market account?
Replies: 4
Views: 455

Re: reason for taxible money market account?

The answer might vary with time and interest rates, but right now no need for a money market fund separate from retirement account. If I had cash I was accumulating for a large expense today I would keep it an FDIC savings or short term CD for higher rate.
by stan1
Fri May 14, 2021 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property without realtor
Replies: 19
Views: 1152

Re: Selling a rental property without realtor

Correct. You can also say "I will agree to pay 3% at closing, but you buyer needs to do incorporate that into the offer". Asking price $600,000. They pay $618,557. 3% commission of $18,557. In this case I would set the price at $618,557 when listing it FSBO (assuming realtor will be invol...
by stan1
Fri May 14, 2021 4:10 pm
Forum: Personal Consumer Issues
Topic: Phoenix, AZ as an early retirement location? Advice please
Replies: 126
Views: 8533

Re: Phoenix, AZ as an early retirement location? Advice please

Intel is building a huge new, ginormous fab. This is going to be good because if you're in that business, you'll be able to get a job. (Intel, Motorola and Microchip are already in the area). Bad because you're likely going to see more sprawl and overbuilding, so I would predict that prices are goi...
by stan1
Wed May 12, 2021 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: How much would you budget for a typical wedding?
Replies: 136
Views: 8342

Re: How much would you budget for a typical wedding?

We were fortunate, the parking gate at the courthouse was not working so we were waved out at no cost by an employee trying to keep traffic flowing. So it was just the $25 extra charge they added for a brief ceremony to go along with the paperwork.
by stan1
Wed May 12, 2021 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Cheaper house and private school or more expensive house and public school?
Replies: 35
Views: 2506

Re: Cheaper house and private school or more expensive house and public school?

This is entirely local and subjective. No way to generalize. What you might want to try to avoid is buying in the area with good public schools and then paying more to send kids to private schools.
by stan1
Wed May 12, 2021 1:06 pm
Forum: Personal Investments
Topic: Sell SPY to buy VOO advice
Replies: 18
Views: 1377

Re: Sell SPY to buy VOO advice

Sell with the short term loss immediately before it is a gain. Buy a Total Stock Market US ETF (e.g. VTI, SCHB, ITOT, or SPTM) +1 to this. I would sell SPY and buy VTI. Welcome to tax-loss harvesting, OP. Not to hijack the thread but my question may potentially help the OP too. If a person buys VTI...
by stan1
Wed May 12, 2021 12:22 pm
Forum: Personal Investments
Topic: Sell SPY to buy VOO advice
Replies: 18
Views: 1377

Re: Sell SPY to buy VOO advice

Sell with the short term loss immediately before it is a gain.

Buy a Total Stock Market US ETF (e.g. VTI, SCHB, ITOT, or SPTM)
by stan1
Wed May 12, 2021 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Seller wants to back out contract
Replies: 46
Views: 5301

Re: Seller wants to back out contract

Rent back seems like a good idea.

Seems like there should be an incentive to you for agreeing to back out. You've put time and money into this.
by stan1
Wed May 12, 2021 11:43 am
Forum: Personal Consumer Issues
Topic: yearly cost increases for retirement homes
Replies: 5
Views: 602

Re: yearly cost increases for retirement homes

What has been the past history of increases at the CCRC you are looking at? They should be willing to share that. Otherwise, I'd say plan for 3-5% per year, but a lot of these places have a lot of expenses over the last year and if new ways of doing business for infection control and disease control...
by stan1
Wed May 12, 2021 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Working at the CDC
Replies: 12
Views: 2300

Re: Working at the CDC

By "temp" agency do you just mean a government contractor? Those are very different employment situations. Government contractor positions often have good benefits and those employees work side by side with government counterparts often doing very similar jobs possibly with less administra...
by stan1
Tue May 11, 2021 9:08 pm
Forum: Personal Investments
Topic: VTI vs. SCHB
Replies: 13
Views: 1988

Re: VTI vs. SCHB

One more SFY to the list. VTI, SCHB, SPTM, SFY and ITOT Not the same as VTI, SCHB, SPTM and ITOT by any means. SFY is not a total US market, market cap weighted ETF like the other four. Expense ratio for SFY is 0.19% vs around 0.03-04% for the others. You may have reasons for buying it, but it's no...
by stan1
Tue May 11, 2021 6:52 pm
Forum: Personal Investments
Topic: VTI vs. SCHB
Replies: 13
Views: 1988

Re: VTI vs. SCHB

The differences between VTI, SCHB, SPTM, and ITOT are very small and minute details like variance in yield or tax efficiency will vary with time. Also, index construction could vary with time, too. Tax benefits like qualified dividends and qualified business income have changed over time and will co...
by stan1
Mon May 10, 2021 8:45 pm
Forum: Personal Consumer Issues
Topic: Phoenix, AZ as an early retirement location? Advice please
Replies: 126
Views: 8533

Re: Phoenix, AZ as an early retirement location? Advice please

What is the state of the art yet affordable year round HVAC system in Phoenix? I'm guessing not many evaporative coolers and can a 2000 square foot house be kept around 81 in the summer for under $500/month? Gas furnace in the winter or a heat pump? We were in Scottsdale a few weeks ago for a long w...
by stan1
Mon May 10, 2021 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I tear down my house?
Replies: 57
Views: 5852

Re: Should I tear down my house?

I understand the suspicion about build time and cost - but I will say to my builder's credit, he delivered the first project (new deck) on time and to the penny on budget. Granted, a whole house is more complicated, but he does this all the time. Excellent reputation in the builder community (I hav...
by stan1
Mon May 10, 2021 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: California state taxes: Do I deduct $3,000 capital loss from income
Replies: 13
Views: 796

Re: California sate taxes: Do I deduct $3,000 capital loss from income

Just to add it is important to review your carry forward loss worksheets for consistency between federal and CA state. They are usually the same, but not always.
by stan1
Mon May 10, 2021 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Helping in-laws with Senior Care Home Facilities
Replies: 16
Views: 1251

Re: Helping in-laws with Senior Care Home Facilities

Sounds like they need independent living right now not assisted living? There really is no substitute for visiting these businesses to see the actual conditions. Your inlaws and you will quickly know whether one has potential or is not for you. A major factor is the health of the other residents. If...
by stan1
Sun May 09, 2021 1:57 pm
Forum: Investing - Theory, News & General
Topic: Is it time to rethink automatic reinvestment of dividends in a taxable account?
Replies: 43
Views: 5006

Re: Is it time to rethink automatic reinvestment of dividends in a taxable account?

I just recently turned off automatic reinvestment on both funds, and am going to wait until my money market account builds up a decent amount and then invest it all at once. I wish I had done it sooner, it seems like it will be easier to manage in the long run. This is what I do also. I rebalance w...
by stan1
Sun May 09, 2021 1:44 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 30
Views: 3388

Re: Does anyone hold Vanguard Windsor II or Wellington?

I have wellington fund in taxable. It is actively managed fund, and it has a long history of doing well. I first acquired in mid 2000's. The capital gains distributions and non-qualified dividends would upset me greatly each year when I was doing my tax return, but to each their own I guess. Knowin...
by stan1
Sun May 09, 2021 1:26 pm
Forum: Personal Consumer Issues
Topic: Ikea bathroom fixtures/cabinets
Replies: 21
Views: 2078

Re: Ikea bathroom fixtures/cabinets

I'd have no qualms with the IKEA cabinets. For faucets and pulls/knobs I'd probably shop around. Decorative pulls/knobs are the cheapest way to make a simple cabinet look unique and special whether for your enjoyment or a potential buyer.
by stan1
Sun May 09, 2021 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance dilemma
Replies: 37
Views: 2793

Re: Long term care insurance dilemma

If she owns her home and has $2 million besides, she doesn't need LTC insurance. She can very comfortably self-insure. That's the conundrum with modern LTCI to begin with. Most of those who can afford the premiums can also afford to self insure. Likewise she can probably also afford to pay the incr...
by stan1
Sun May 09, 2021 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance dilemma
Replies: 37
Views: 2793

Re: Long term care insurance dilemma

If she owns her home and has $2 million besides, she doesn't need LTC insurance. She can very comfortably self-insure. That's the conundrum with modern LTCI to begin with. Most of those who can afford the premiums can also afford to self insure. Likewise she can probably also afford to pay the incr...
by stan1
Sun May 09, 2021 12:15 pm
Forum: Personal Investments
Topic: Does anyone hold Vanguard Windsor II or Wellington?
Replies: 30
Views: 3388

Re: Does anyone hold Vanguard Windsor II or Wellington?

Would I buy it today in a retirement account? Probably not.
Would I buy it in a taxable account? Absolutely not.

If I had held it for decades in an IRA or 401K account would I change anything? Probably not.
by stan1
Sun May 09, 2021 11:32 am
Forum: Personal Finance (Not Investing)
Topic: What % of Net Worth to put into 1st home purchase (36yo)?
Replies: 56
Views: 5300

Re: What % of Net Worth to put into 1st home purchase (36yo)?

I don't think you've told us your income, but a ballpark might be down payment +3*annual income = home purchase price. Would that buy a home your family would enjoy for years to come? Income is about 250 base, annual 50k RSU (but 3 year vesting schedule means I won't be vesting 50k per year until 2...
by stan1
Sun May 09, 2021 9:31 am
Forum: Personal Consumer Issues
Topic: HOA Advantage
Replies: 110
Views: 7342

Re: HOA Advantage

It's simple: If you don't like the rules, you should definitely not buy into a HOA community. If you like the rules go ahead. I don't understand why someone would move into a HOA community planning to fight over their right to have a weed filled lawn, purple front door, and violate parking rules. I ...
by stan1
Sat May 08, 2021 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Please Weigh In, Can't Ask Anyone Else - Burial Planning
Replies: 52
Views: 4294

Re: Please Weigh In, Can't Ask Anyone Else - Burial Planning

I assume there is no urgency after cremation, right? You can keep the urn at home until you decide so why waste precious time planning now? That's how I would feel, but as I got to know in-laws and their friends/neighbors I realized there are still parts of the US where funerals and burials are ver...
by stan1
Sat May 08, 2021 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: What % of Net Worth to put into 1st home purchase (36yo)?
Replies: 56
Views: 5300

Re: What % of Net Worth to put into 1st home purchase (36yo)?

I'd plan a down payment of minimum 20%, however if the neighborhood you want to buy into is very competitive you might need to sweeten up to 50% to make your offer look more competitive against other offers. I don't think you've told us your income, but a ballpark might be down payment +3*annual inc...
by stan1
Sat May 08, 2021 8:09 pm
Forum: Personal Investments
Topic: long list of investment quotes
Replies: 2
Views: 500

Re: long list of investment quotes

Waiting for the bot that drops one of these randomly into every thread on SCV, bitcoin, or or buying a horse/boat/RV.
by stan1
Sat May 08, 2021 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Please Weigh In, Can't Ask Anyone Else - Burial Planning
Replies: 52
Views: 4294

Re: Please Weigh In, Can't Ask Anyone Else - Burial Planning

My inlaws bought bought 4 plots shortly after they were married in 1949 before they even had kids. They were about 24/21 years old at the time. He was a returning Battle of the Bulge veteran so I suppose that made him very aware of mortality. They did not need them for 70 more years, fortunately. Th...
by stan1
Sat May 08, 2021 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 243
Views: 21693

Re: California Homebuying Insanity

I think people are not correctly equating an all cash offer with removing the financing contingency and still getting a loan. Not the same, and as a seller if I was presented with two otherwise similar offers I know which one I'd pick. I might even accept a slightly lower all cash offer over an offe...
by stan1
Sat May 08, 2021 7:07 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 116
Views: 9366

Re: What Ever Happened to "Your Age In Bonds"?

I still do "age in fixed." In my TIAA accounts it is in TIAA Traditional paying 4%+. In other accounts bond funds. For me it is easy to follow and has prevented mischief that could have cost me $$. Right, that's a special case you are fortunate to have but most people do not have access t...
by stan1
Sat May 08, 2021 7:06 pm
Forum: Investing - Theory, News & General
Topic: What Ever Happened to "Your Age In Bonds"?
Replies: 116
Views: 9366

Re: What Ever Happened to "Your Age In Bonds"?

KyleAAA wrote: Sat May 08, 2021 9:46 am Age in bonds was never great advice to begin with.
Likely true for a broad part of the population. Those that retire with 15X annual expenses and no pension need different advice than those who retire with 50X annual expenses plus a pension. All comes down to the assumptions.
by stan1
Sat May 08, 2021 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 243
Views: 21693

Re: California Homebuying Insanity

Get a realtor with access to off-market homes that won’t have as much crazy bidding. That may not help for pricing but it may help lower the number of offerors and get yours to the top. You'll have to bid well above what the seller thinks the house would list for in order to convince them to do a p...
by stan1
Sat May 08, 2021 9:25 am
Forum: Investing - Theory, News & General
Topic: Please review small value tilt portfolio
Replies: 34
Views: 2466

Re: Please review small value tilt portfolio

If you don’t buy into Fama French or are bothered by market tracking, just stick with pure beta. Otherwise, follow Swedroe all-in. But the modest, annualized upside to SCV doesn’t justify the nuisance of minimal tilts. I've gone with equity strategy since 2008 (fixed income is separate -- this is j...
by stan1
Fri May 07, 2021 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 243
Views: 21693

Re: California Homebuying Insanity

Your dogmatic view of living in that state is more representative of a reason to not stay there than my polite suggestion to consider somewhere else. Haha, I've been to the other places, they aren't as nice but a few do come close. Boulder and Incline sure aren't cheap. This whole "I like the ...
by stan1
Fri May 07, 2021 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning: Handling of separate property in Community Prop State (CA)
Replies: 31
Views: 2077

Re: Estate planning: Handling of separate property in Community Prop State (CA)

Preliminary meeting with estate attorney completed. Discussed my separate property (i.e. my share of cabin, Vanguard Brokerage account). She confirmed that using a transmutation agreement would complete the transference of this property to be community property to satisfy code 1014(b)6(6). She just...
by stan1
Fri May 07, 2021 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Housing Decision. Help appreciated.
Replies: 37
Views: 2915

Re: Housing Decision. Help appreciated.

Cliff notes: Here are the four most attractive options as I see it at this very moment. Dude, how about a house on some acreage with a new septic system and a mean neighbor? Seriously, are you ready to go at this again? :shock: Personally I would not want a 4 story townhouse (at any age). Even if I...
by stan1
Fri May 07, 2021 7:00 pm
Forum: Personal Consumer Issues
Topic: Walkers
Replies: 9
Views: 1170

Re: Walkers

I thought this topic was going to be about my mom's Rollator. 5-10 miles per day is a lot of walking. Some will be fine, others will get some pain. First thing I'd do is change your shoes especially if the pain was not there when the shoes were newer or if pain started after buying new shoes. You mi...
by stan1
Fri May 07, 2021 6:53 pm
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 84
Views: 3192

Re: Do you still read the print newspaper?

No. Most print is a death spiral. Content quality and quantity drops. People drop subscriptions. Content quality and quantity drops further. More people drop subscriptions (or die). We do subscribe on the internet to a few (local and national) that are optimized for online content. We don't have a p...
by stan1
Fri May 07, 2021 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: pricing our house?
Replies: 25
Views: 2641

Re: pricing our house?

In general, price lower than market. Buyers will bid up the price to whatever market will bear Let us know how it goes Exactly. Do not price it too high hoping the "right buyer" will come along. Price it very close to the comparable sales the realtors you interview provide you. You want t...
by stan1
Thu May 06, 2021 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 243
Views: 21693

Re: California Homebuying Insanity

The dollar values are a little higher, but it is pretty much the same everywhere for a well located, desirable home. Lowish interest rates, some high income people able to telework more so seeking out the best locations (even within California), people harvesting large stock market capital gains abl...
by stan1
Wed May 05, 2021 4:28 pm
Forum: Investing - Theory, News & General
Topic: Lawsuits and taxable accounts
Replies: 30
Views: 2434

Re: Lawsuits and taxable accounts

ChinchillaWhiplash wrote: Wed May 05, 2021 7:45 am Not currently involved in a lawsuit.
Consider an umbrella policy or other insurance as appropriate.
by stan1
Wed May 05, 2021 12:25 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet selection
Replies: 39
Views: 2212

Re: Kitchen faucet selection

We have a Waterstone Hunley Suite in Chrome. Very happy with it after 5 years. No signs of degradation in the finish or malfunction.
by stan1
Tue May 04, 2021 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1817

Re: Good time to buy a new house?

I need to move to this neighborhood eventually. Thought of holding onto one property there now. Why? Maybe your family lives nearby but what if future wife lives in a different neighborhood and she wants to live near her parents? Or is this a neighborhood where a lot of people with your cultural ba...
by stan1
Tue May 04, 2021 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1817

Re: Good time to buy a new house?

I need to move to this neighborhood eventually. Thought of holding onto one property there now. Why? Maybe your family lives nearby but what if future wife lives in a different neighborhood and she wants to live near her parents? Or is this a neighborhood where a lot of people with your cultural ba...