Search found 9965 matches

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: 41
Views: 4260

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: 3148

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: 18
Views: 1637

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: 2589

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: 2589

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: 3148

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: 46
Views: 4212

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: 69
Views: 4464

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: 43
Views: 3276

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: 46
Views: 4212

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: 468

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: 43
Views: 3276

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: 216
Views: 17920

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: 79
Views: 5250

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: 79
Views: 5250

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: 216
Views: 17920

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: 30
Views: 2005

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: 216
Views: 17920

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: 29
Views: 1865

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: 35
Views: 2443

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: 1138

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: 3066

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: 2594

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: 216
Views: 17920

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: 2418

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: 2174

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: 1779

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: 1779

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 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a townhouse in Nova
Replies: 24
Views: 2732

Re: Buying a townhouse in Nova

How would you get the down payment? From the $150K in taxable? Yes, I think you can do it ... but ... make sure you are buying location if possible. 1) Commute time for you and your spouse? 2) Public school districts acceptable to you for daughter? 3) Some townhouses "feel" like you are li...
by stan1
Tue May 04, 2021 8:24 pm
Forum: Personal Consumer Issues
Topic: Ca Expats- do you love your new home?
Replies: 76
Views: 7812

Re: Ca Expats- do you love your new home?

But Highland Park in Dallas isnt cheap either. Nor is Scottsdale, AZ these days for a comparable home, downsizing is a separate decision. Less than coastal CA, yes, but not going to let you harvest your real estate home equity gains from CA and live the rest of your life off them in AZ. There are c...
by stan1
Mon May 03, 2021 9:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard ETFs are less tax efficient than others
Replies: 32
Views: 3796

Re: Vanguard ETFs are less tax efficient than others

Yes Vanguard is less tax efficient than Blackrock on some products (IXUS vs VXUS for instance). See https://www.bogleheads.org/forum/viewtopic.php?t=206546 triceratop releases an annual comparison: https://docs.google.com/spreadsheets/d/19LQeE1RL3jstbgcIp1avZpez-WMNCetuufdqpKTB_tQ/edit#gid=0 This d...
by stan1
Mon May 03, 2021 9:36 pm
Forum: Personal Investments
Topic: Avoiding capital gains tax on reinvestments
Replies: 12
Views: 897

Re: Avoiding capital gains tax on reinvestments

I have most of my investment in the Vanguard Growth Index Fund. I have it set so that any returns are automatically reinvested into that fund. I would like for the returns to instead be reinvested into a different vanguard fund. However, I was told by a Vanguard representative that there is no way ...
by stan1
Sun May 02, 2021 12:17 pm
Forum: Personal Consumer Issues
Topic: Where would you live in Phoenix if you could WFH
Replies: 126
Views: 8631

Re: Where would you live in Phoenix if you could WFH

We just spend a few days in Scottsdale and metro Phoenix thinking about early years of retirement. For us, with two people we'd want a single story under 2000 square foot residence with a small yard. Not interested in anything larger for two people. We've lived in houses for the last 30 years that b...
by stan1
Sun May 02, 2021 11:09 am
Forum: Personal Investments
Topic: Most direct method for protecting home value
Replies: 13
Views: 1051

Re: Most direct method for protecting home value

Don't over buy or sacrifice diversification. For example if you are 50 you are not diversified if you have a $2M paid off home and $1M in retirement accounts invested in equities/bonds.
by stan1
Sun May 02, 2021 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Saving for large annual expense
Replies: 5
Views: 430

Re: Saving for large annual expense

To me this is managing cash flow not investing. I'd probably use a "high yield savings account" at an FDIC insured institution. If our checking account balance gets too large we move money to a high yield savings account. If checking account balance is low we move money from high yield sav...
by stan1
Sun May 02, 2021 10:04 am
Forum: Personal Finance (Not Investing)
Topic: How to handle when IRS wrongly adjusts 1040
Replies: 14
Views: 1694

Re: How to handle when IRS wrongly adjusts 1040

Your issue most likely is between you and TurboTax, not you and the IRS. You are mostly right, but because the IRS has already processed the return, the taxpayer now has an issue with them as well if he's correct. If there is an error his solution is to figure out what is wrong, then file an amende...
by stan1
Sun May 02, 2021 9:15 am
Forum: Personal Finance (Not Investing)
Topic: How to handle when IRS wrongly adjusts 1040
Replies: 14
Views: 1694

Re: How to handle when IRS wrongly adjusts 1040

I used form 8936 with my return for the EV I'd make a copy of your TT file, open it again in TT, and run through the INTERVIEW questions in TT again. See if TT produces EXACTLY the same Form 8936. There were a lot of late tax code changes this year, it is possible TT updated their software after yo...
by stan1
Sun May 02, 2021 9:05 am
Forum: Personal Consumer Issues
Topic: USA Passport Question
Replies: 20
Views: 1633

Re: USA Passport Question

Cruise wrote: Sun May 02, 2021 8:46 am When one applies, reapplies for Global Entry, one needs to list countries visited in previous years. An old passport can help your memory.
Or a federal background investigation.
by stan1
Sun May 02, 2021 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiary as Trustee
Replies: 34
Views: 1900

Re: Beneficiary as Trustee

In several recent threads discussing trusts, quite a number of posters have advised having a beneficiary act as trustee. I believe this blanket advice needs to be re-considered. It probably needs to be situational. Leaving $500K to a child may be quite a different situation than leaving $3M to a ch...
by stan1
Sat May 01, 2021 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning: Choosing guardians - friend or family member?
Replies: 13
Views: 947

Re: Estate planning: Choosing guardians - friend or family member?

You didn't mention any of the parents (grandparents of your kids). I would not exclude them solely because of age.
by stan1
Sat May 01, 2021 4:07 pm
Forum: Personal Consumer Issues
Topic: Property Tax Protest: DYI vs. Company
Replies: 11
Views: 1016

Re: Property Tax Protest: DYI vs. Company

It is a different process in every jurisdiction. Read your tax assessor's website and see if the process is simple to follow. When I did it many years ago during a downturn I just sent a simple letter to the county assessor's office stating I wanted it to be re-assessed. They did so automatically, a...
by stan1
Tue Apr 27, 2021 9:32 am
Forum: Personal Investments
Topic: investment property in Groveland CA
Replies: 4
Views: 607

Re: investment property in Groveland CA

Make sure you look at the fire insurance cost and availability (or lack thereof) for the specific property and neighborhood you are looking at. It is becoming a serious issue in mountain and foothill areas, and may be why some people are selling properties.
by stan1
Tue Apr 27, 2021 9:02 am
Forum: Personal Consumer Issues
Topic: Sleep Headphones?
Replies: 23
Views: 1320

Re: Sleep Headphones?

FeesR-BullNotBullish wrote: Tue Apr 27, 2021 8:55 am I listen to free audio books on Librivox. I've found many books that strike a balance of being interesting enough to take my mind off things and boring enough to doze.
Moby Dick narrated by Stewart Wills.
by stan1
Mon Apr 26, 2021 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 146
Views: 12758

Re: Buying a Home in SoCal

cowbman wrote: Mon Apr 26, 2021 2:50 pm Thanks, but I'm very sure I'm not buying a home anytime soon.
Good decision! Congrats on taking some steps to get your life back in order.
by stan1
Sun Apr 25, 2021 9:11 pm
Forum: Personal Investments
Topic: Can we retire soon?
Replies: 14
Views: 2838

Re: Can we retire soon?

Seems like wife who doesn't like job can stop working when she wants, you might want to keep working because you are fine with it and that should hopefully get everyone health insurance coverage.
by stan1
Sun Apr 25, 2021 9:04 pm
Forum: Personal Consumer Issues
Topic: Should I pursue a PhD in my chosen field?
Replies: 58
Views: 3528

Re: Should I pursue a PhD in my chosen field?

I think some are already assuming a "traditional" Ph. D. where you would go to a university for 4-5 years full time. If that's not the situation you probably should explain a little more (and be prepared for some feedback if it is an "online" program :)
by stan1
Sun Apr 25, 2021 9:01 pm
Forum: Personal Consumer Issues
Topic: Should I pursue a PhD in my chosen field?
Replies: 58
Views: 3528

Re: Should I pursue a PhD in my chosen field?

What are the time commitments and structure of the program? Would you do this while fully employed? Would your employer also give you paid time to work on the degree or would all work be done after your regular "40 hours'? Is the program at a local university, or is it a hybrid in-residence/rem...
by stan1
Sun Apr 25, 2021 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Selling townhouse - to stage or not?
Replies: 51
Views: 3996

Re: Selling townhouse - to stage or not?

Normchad wrote: Sun Apr 25, 2021 7:17 pm ..... you want the people that will pay an extra $10K if they see crown molding.
Only $10K? Try $50K over asking because buyer liked the crown moulding and was tired of shopping for a new home (September 2015 on a $1M tract house)
by stan1
Sun Apr 25, 2021 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Roth vs Traditional Contributions
Replies: 6
Views: 721

Re: Roth vs Traditional Contributions

Given what you describe I'd probably go back to Traditional contributions and plan to do Roth conversions when you retire in 6 years (assuming your income will be much lower at that point). I don't think it was "wrong" to do some Roth contributions over the past five years. There's a case ...