Search found 10120 matches

by stan1
Wed Jun 16, 2021 5:15 pm
Forum: Investing - Theory, News & General
Topic: Has work from home fueled this stock market rally?
Replies: 23
Views: 2545

Re: Has work from home fueled this stock market rally?

Counterpoint: a relatively low paid co-worker had four kids at home under age of 15, including an infant. Even with husband at home, also relatively low paid, she was not able to keep up with tasking. Hired someone for a few hours to fix lunch for kids. Still got laid off. Felt bad, but didn't have ...
by stan1
Wed Jun 16, 2021 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 18
Views: 1007

Re: Tax deduction for HOA Special Assessment ?

The special assessment may be eligible to add in to your cost basis on the property which could come into play if you exceed the capital gains exclusion amount for your primary residence. This is the question I have. I can add the special assessment to the cost basis ??? On a house, maintenance can...
by stan1
Wed Jun 16, 2021 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 18
Views: 1007

Re: Tax deduction for HOA Special Assessment ?

One can also volunteer to serve on the HOA board of directors if you want more visibility into the decisions being made.
by stan1
Wed Jun 16, 2021 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 18
Views: 1007

Re: Tax deduction for HOA Special Assessment ?

Mardoc01 wrote: Wed Jun 16, 2021 12:15 pm Bummer. They just stick it to us.
Not really, it means you or the previous owner benefited from lower monthly HOA assessments in the past.
by stan1
Wed Jun 16, 2021 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction for HOA Special Assessment ?
Replies: 18
Views: 1007

Re: Tax deduction for HOA Special Assessment ?

Nice try, but no.

If you were a landlord renting it out that's a different matter.
by stan1
Tue Jun 15, 2021 4:01 pm
Forum: Personal Consumer Issues
Topic: The Future of Cars in Suburbia?
Replies: 57
Views: 3815

Re: The Future of Cars in Suburbia?

I'd build a 2 car garage with solar panels on the roof.

Even if I didn't have 2 cars in 30 years there would be things I want to keep in a garage, and a garage would be much more convenient than a basement for many items.
by stan1
Tue Jun 15, 2021 3:53 pm
Forum: Personal Investments
Topic: Schwab vs Vanguard
Replies: 22
Views: 2079

Re: Schwab vs Vanguard

You could: 1) Move all to Fidelity where you can buy fractional shares of an ETF 2) Move all to M1 Finance where you can auto invest with fractional shares into your ETF pie 3) Move all to Vanguard, set up automatic investments into mutual funds pulled from your bank account, and log in infrequentl...
by stan1
Tue Jun 15, 2021 3:35 pm
Forum: Personal Investments
Topic: Schwab vs Vanguard
Replies: 22
Views: 2079

Re: Schwab vs Vanguard

You could: 1) Move all to Fidelity where you can buy fractional shares of an ETF 2) Move all to M1 Finance where you can auto invest with fractional shares into your ETF pie 3) Move all to Vanguard, set up automatic investments into mutual funds pulled from your bank account, and log in infrequently...
by stan1
Tue Jun 15, 2021 10:48 am
Forum: Personal Consumer Issues
Topic: Windows 11
Replies: 15
Views: 1396

Re: Windows 11

I accept every upgrade Microsoft and Apple present to me after about a week. Many people download them in the first day so by a week they'll know if there are any problems and will be fixed or pulled. I haven't had an issue in many years. I upgrade hardware about every 4-5 years at mid-grade level. ...
by stan1
Mon Jun 14, 2021 5:47 pm
Forum: Investing - Theory, News & General
Topic: I'll never regret not having international funds in my portfolio
Replies: 207
Views: 12266

Re: I'll never regret not having international funds in my portfolio

I've been in my Equity 9ths portfolio since 2008: 4/9 US Total Stock Market 2/9 US SCV 2/9 ex US Total Stock Market 1/9 ex US small (now ex US small value) Still reflects diversification along with a pragmatic view that US govt has and will continue to go to some pretty extreme lengths to support US...
by stan1
Sun Jun 13, 2021 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: pricing our house?
Replies: 116
Views: 13138

Re: pricing our house?

but we're thinking 1.1 will get us under market. What's bizarre is that our market feels stuck, no inventory, no offers and no price reductions to date. If someone wants to move into our community at our price point, our house is the pretty much the only game in town... I think your instincts are b...
by stan1
Sun Jun 13, 2021 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should I look for a new job or call it done?
Replies: 56
Views: 7120

Re: Should I look for a new job or call it done?

There's a wide swath of choices between staying in a job you don't like and never working again.

Sounds like you don't necessarily need to work financially if you've estimated your expenses correctly, but maybe there are parts of working you enjoy and a different job would be a good choice for you?
by stan1
Sun Jun 13, 2021 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Two-steps moving from one house to another? How to finance?
Replies: 16
Views: 1718

Re: Two-steps moving from one house to another? How to finance?

Some ideas to create liquidity: - HELOC on first house - asset based mortgage on new house Thank you, after taking a brief look, those two avenues do seem like a possible match for our situation. - sell investments in a taxable account and re-buy when first house is sold - 401K loan(s) (may not app...
by stan1
Sun Jun 13, 2021 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Two-steps moving from one house to another? How to finance?
Replies: 16
Views: 1718

Re: Two-steps moving from one house to another? How to finance?

Padlin wrote: Sun Jun 13, 2021 7:46 am I'm in the same situation, retired, no income. Tried to get a home equity loan, bank turned us down due to lack of income
Try different lenders, including a mortgage broker.
by stan1
Sat Jun 12, 2021 5:39 pm
Forum: Personal Consumer Issues
Topic: Remodel, rebuild to downsize, or just "flip" and move?
Replies: 12
Views: 1137

Re: Remodel, rebuild to downsize, or just "flip" and move?

#3 or #4 (sell it without doing updates, only repairs)
by stan1
Sat Jun 12, 2021 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Two-steps moving from one house to another? How to finance?
Replies: 16
Views: 1718

Re: Two-steps moving from one house to another? How to finance?

Some ideas to create liquidity:
- HELOC on first house
- asset based mortgage on new house
- sell investments in a taxable account and re-buy when first house is sold
- 401K loan(s) (may not apply if you are not working)
by stan1
Sat Jun 12, 2021 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9642

Re: Real estate agent reluctant to show offers to the seller prior to decision

In most if not all states, Realtors are required to present ALL offers. The realtor works for you. If you request ALL offers the realtor is obligated to present same. Period Could very well be a difference in how a verbal offer is handled compared to a written offer. Written offers, yes. Someone ca...
by stan1
Sat Jun 12, 2021 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Ethical to Work with Two Realtors?
Replies: 31
Views: 3591

Re: Ethical to Work with Two Realtors?

1) A high dollar area where there are mostly off market "Pocket Listings". Working with agents from different top brokerages can open up access to more properties. (These would be multi million dollar properties.) I'd change that to "exceptionally high demand areas" where houses...
by stan1
Fri Jun 11, 2021 8:50 pm
Forum: Investing - Theory, News & General
Topic: date set for Vanguard retiring its legacy brokerage platform
Replies: 13
Views: 2449

Re: date set for Vanguard retiring its legacy brokerage platform

I wonder if they will let you add a new fund in the legacy account (after 11 July) or if that new fund would have to be added in the brokerage account? I'm assuming they will let you add money to the funds in the legacy account but if they wanted to play hardball they could prohibit that and force n...
by stan1
Fri Jun 11, 2021 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Ethical to Work with Two Realtors?
Replies: 31
Views: 3591

Re: Ethical to Work with Two Realtors?

Sometimes one realtor is a "neighborhood expert" who does a high percentage of the buy/sell volume in a specific neighborhood, subdivision, complex or building. Possible this would get you access to a unit before it came on the market publicly if you are willing to come in hot with a good ...
by stan1
Fri Jun 11, 2021 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9642

Re: Real estate agent reluctant to show offers to the seller prior to decision

nss20 wrote: Thu Jun 10, 2021 4:25 pm
We are baffled by the reluctance. I am looking for insights that anybody can provide.
OP, it's been 24 hours, did you get the details you wanted?
by stan1
Fri Jun 11, 2021 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: More Expensive House in Retirement?
Replies: 24
Views: 3318

Re: More Expensive House in Retirement?

What percentage of your assets would be in the new home? Some might get a mortgage, others would not.

If the new home is less than a quarter (25%) of assets let's say just buy it and enjoy your retirement. If it's much greater than 25% there's some more detailed decision making at hand I think.
by stan1
Thu Jun 10, 2021 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9642

Re: Real estate agent reluctant to show offers to the seller prior to decision

I was astonished to learn after the fact that offers to buy a family house included letters from the people making the offers. In the midst of the negotiations, these letters might have been helpful to me in evaluating the offers and negotiating. But my agent never mentioned these letters in which ...
by stan1
Thu Jun 10, 2021 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9642

Re: Real estate agent reluctant to show offers to the seller prior to decision

Normchad wrote: Thu Jun 10, 2021 8:59 pm Or maybe a fear that the seller would try to cut a side deal directly with one of the buyers.
Contract between seller and their agent would address this. If agent brings a buyer and seller negotiates a side deal with buyer within a certain amount of time commission to agent is still owed.
by stan1
Thu Jun 10, 2021 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate agent reluctant to show offers to the seller prior to decision
Replies: 99
Views: 9642

Re: Real estate agent reluctant to show offers to the seller prior to decision

In some states realtors are going to redact personal information about the buyer (such as surname, gender(s), marriage status) to ensure compliance with federal and state fair housing laws and other statutes. There are laws, there are brokerage policies, and there are realtor preferences (often guid...
by stan1
Thu Jun 10, 2021 9:21 am
Forum: Personal Consumer Issues
Topic: Allstate Dwelling Protection - Grossly Underestimated
Replies: 11
Views: 1296

Re: Allstate Dwelling Protection - Grossly Underestimated

Our insurer offers an optional rider for a 25% or 50% supplemental increase in coverage over the amount calculated by their model. They have a separate rider for building code upgrades. We decided to go with the building code and 25%, although in our case the 50% rider was only about $100 per year m...
by stan1
Wed Jun 09, 2021 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding what to bid on a second home in an insanely hot market
Replies: 38
Views: 4677

Re: Deciding what to bid on a second home in an insanely hot market

Follow-up: We had our offer accepted today. Listing price was $415K. We included an escalation clause up to $462K in our offer, because we really wanted the property (insane, I know. I just lost all street cred with true Bogleheads.) Our offer was accepted at $437K, all cash. There were SEVERAL off...
by stan1
Wed Jun 09, 2021 2:41 pm
Forum: Personal Consumer Issues
Topic: new computer? Apple desktop?
Replies: 57
Views: 4103

Re: new computer? Apple desktop?

About once every four years for me. YMMV.
by stan1
Wed Jun 09, 2021 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Home seller (at-least initially) declined only offer at list price
Replies: 97
Views: 10452

Re: Home seller (at-least initially) declined only offer at list price

Often the selling and buying agents are in close contact through much, if not all of the process. As buyer, I'd want to know from my agent why they allowed so much of my time and effort to go so far down this path with this result. If the answer is at all muddy or suspicious, find not just another ...
by stan1
Wed Jun 09, 2021 8:57 am
Forum: Personal Consumer Issues
Topic: Vanguard Ignores Mailing Address as POA/Agent
Replies: 9
Views: 636

Re: Vanguard Ignores Mailing Address as POA/Agent

I would change the street address and enable electronic statements/1099s.
by stan1
Tue Jun 08, 2021 3:20 pm
Forum: Personal Consumer Issues
Topic: Roofing/attic issues - What questions should I ask my HOA?
Replies: 38
Views: 2484

Re: Roofing/attic issues - What questions should I ask my HOA?

I'd recommend you go to the next board meeting. Ask them to put it on the agenda. If there is manager he/she might be polling the board members. Thanks. They have not done board meetings in a while due to Covid, but may have resumed virtually. What do you mean by "polling the board members&quo...
by stan1
Tue Jun 08, 2021 2:51 pm
Forum: Personal Consumer Issues
Topic: Roofing/attic issues - What questions should I ask my HOA?
Replies: 38
Views: 2484

Re: Roofing/attic issues - What questions should I ask my HOA?

I'd recommend you go to the next board meeting. Ask them to put it on the agenda. If there is manager he/she might be polling the board members.
by stan1
Tue Jun 08, 2021 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: $10K SALT deduction cap in Tax Cuts and Jobs Act (TCJA) expires by the end of 2025??
Replies: 18
Views: 1624

Re: $10K SALT deduction cap in Tax Cuts and Jobs Act (TCJA) expires by the end of 2025??

Diversification is a powerful tool when the future is unknown. Applies to asset allocation but also tax location, Traditional vs Roth contibutions, paying off mortgage early and many of the other topics on this forum that there often is no obvious right answer on. It's easy to start making assumptio...
by stan1
Mon Jun 07, 2021 2:55 pm
Forum: Personal Investments
Topic: Let's say I want to retire - what are my expenses?
Replies: 32
Views: 3504

Re: Let's say I want to retire - what are my expenses?

I look at gross income and then subtract "expenses" I would no longer have: - No FICA or medicare withholding - No 401K contribution (mine) - No Roth contribution (no earned income) - No taxable account contribution (drawing down not investing) - No commuting maybe fuel or transit savings ...
by stan1
Mon Jun 07, 2021 1:56 pm
Forum: Personal Consumer Issues
Topic: Did you make any lifestyle changes after hitting 500k NW?
Replies: 61
Views: 4976

Re: Did you make any lifestyle changes after hitting 500k NW?

It's a milestone for sure, so a small celebration might be in order ... but, yeah, I'd keep it to a one time date night not a lifetime of business class international airfare or a new home that costs twice as much.
by stan1
Mon Jun 07, 2021 9:15 am
Forum: Personal Investments
Topic: Vanguard mistake?
Replies: 14
Views: 1050

Re: Vanguard mistake?

Did you receive a $2 dividend in the account from ANY holding in the time between executing the trade and the settlement of the trade? Great question, $80 out plus $2 in dividend income (such as end of for a month money market fund/settlement fund) = $78. Vanguard will aggregate transactions on the...
by stan1
Sat Jun 05, 2021 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Mercedes Benz extended warranty and prepaid maintenance
Replies: 41
Views: 3732

Re: Mercedes Benz extended warranty and prepaid maintenance

The price on extended warranties can be negotiated and can be bought from any dealer. I'd search and ask on a forum for the vehicle you have in mind. I would only get a Mercedes brand extended warranty for a Mercedes. No third parties. I did buy a cost-negotiated extended warranty on both a 2003 C C...
by stan1
Sat Jun 05, 2021 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retired Singles, When did you take SS?
Replies: 42
Views: 3718

Re: Retired Singles, When did you take SS?

My mom took hers at 62 against my advice to her as she had no health problems and could have easily pulled $10K/year from her savings at least until she was 65. She is now 88 (and still has no significant health problems). I expect her to live past 95. From an actuarial perspective she made the wron...
by stan1
Sat Jun 05, 2021 9:07 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on a hotel per night on a family vacation?
Replies: 104
Views: 8803

Re: How much do you spend on a hotel per night on a family vacation?

For families I'd do Residence Inn, TownPlace Suites, and similar in other brands with 2 bedrooms (if you did not want an AirBNB type lodging). Continental breakfast buffet should save some time and money especially on travel days. Most places above will be $150-200 per night, more in very expensive ...
by stan1
Sat Jun 05, 2021 9:03 pm
Forum: Personal Consumer Issues
Topic: Should I keep stick shift car?
Replies: 76
Views: 4508

Re: Should I keep stick shift car?

No, today's automatic transmissions are nice to drive although personally I would not get a CVT. Three speed transmissions from the 80s are long gone as are the Chrysler K-cars and minivans that they came in. It will come back to you quickly. What will be more fun is any kids you have who have never...
by stan1
Sat Jun 05, 2021 8:39 pm
Forum: Investing - Theory, News & General
Topic: Why is the Fidelity Zero Extended Index Fund so different?
Replies: 16
Views: 2694

Re: Why is the Fidelity Zero Extended Index Fund so different?

When did they sell TSLA? Speculation and a guess.
by stan1
Sat Jun 05, 2021 8:34 pm
Forum: Personal Consumer Issues
Topic: Recommendations for areas to live in Malvern, PA
Replies: 10
Views: 1095

Re: Recommendations for areas to live in Malvern, PA

As others have said King of Prussia/West Chester/Conshohocken/Plymouth Meeting/Valley Forge is a large suburban center these days and there will be many, many opportunities especially if he's OK with 15-20 minute reverse commute. If he's on a budget I'd reconsider furnished.
by stan1
Sat Jun 05, 2021 8:11 pm
Forum: Investing - Theory, News & General
Topic: How many here follow Bogle's "no international" theory?
Replies: 757
Views: 45253

Re: How many here follow Bogle's "no international" theory?

"I'll go with the experts today" And who are those "experts"? Do you have any specific names? Umm, well I'll take this at face value but let's start with Vanguard, Fidelity, Schwab, TIAA, Rick Ferri, Larry Swedroe, Fama, French, Thaler, Merriman, Bernstein, Swenson, Felix ... an...
by stan1
Sat Jun 05, 2021 7:32 pm
Forum: Investing - Theory, News & General
Topic: How many here follow Bogle's "no international" theory?
Replies: 757
Views: 45253

Re: How many here follow Bogle's "no international" theory?

Annnnnd the thread keeps on going :D Also, if a new investor was interested in an all-in-one fund, I'd recommend Vanguard Wellington Fund. Annnnnnd that's why the thread keeps going. Maybe Wellington is fine for someone in their 70s but definitely not what I'd recommend for someone in their 20s or ...
by stan1
Sat Jun 05, 2021 5:26 pm
Forum: Personal Investments
Topic: Splitting an Inheritance
Replies: 31
Views: 3804

Re: Splitting an Inheritance

Are there different account types, such as some taxable, some Traditional IRA, and some Roth IRA?

Those accounts are all treated differently for the heirs.

If there are different account types it is best to split each equally (if there is flexibility to do so).
by stan1
Sat Jun 05, 2021 1:15 pm
Forum: Personal Consumer Issues
Topic: Dark chocolate addicts: how much do you eat?
Replies: 45
Views: 3496

Re: Dark chocolate addicts: how much do you eat?

I don't "count calories", but would not want to add 200 calories per day to my diet. That would be over 10% of my daily caloric intake and I'd have to walk about an hour per day longer to make up for it. So the answer is zero except as an occasional treat.
by stan1
Sat Jun 05, 2021 12:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Brokerage Taxable Account Separation
Replies: 4
Views: 550

Re: Vanguard Brokerage Taxable Account Separation

No, Vanguard does not have a provision to create "virtual accounts" like this. You could open a second taxable account if you really wanted to. Or, you would just invest the long term investments in different securities like Total Stock Market or Total International Stock Market.
by stan1
Sat Jun 05, 2021 8:55 am
Forum: Investing - Theory, News & General
Topic: How many here follow Bogle's "no international" theory?
Replies: 757
Views: 45253

Re: How many here follow Bogle's "no international" theory?

Assuming it's globalization that has caused US and International stock markets to become increasingly correlated, what would be the driving force for de-globalization that could reverse that trend? Easy -- infinite variations of the board's prohibited topics of "politics, political and economi...
by stan1
Fri Jun 04, 2021 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching my Bosses [would like to work from home]
Replies: 13
Views: 1421

Re: Approaching my Bosses [would like to work from home]

I suspect most organizations that went work from home in March 2020 have been talking about this on their Zoom/Teams calls in various forms for the last 15 months, so I'd expect you have some idea where you bosses stand on this and whether there are other people in your organization that are being o...