Search found 7561 matches

by 123
Thu Aug 05, 2021 2:50 pm
Forum: Personal Investments
Topic: Is VTI recommended even with other firms?
Replies: 41
Views: 2130

Re: Is VTI recommended even with other firms?

Part of the value of Vanguard Total Stock Market Index VTSAX/VTI is public presence and familiarity. When investing is mentioned in the press (particularly WSJ) Vanguard products are often mentioned. Though I am thoroughly familiar with comparable products my spouse is not and doesn't care to learn....
by 123
Thu Aug 05, 2021 2:06 pm
Forum: Personal Consumer Issues
Topic: Any clinical data showing improved sleep quality for a given mattress
Replies: 10
Views: 651

Re: Any clinical data showing improved sleep quality for a given mattress

I have seen advertisements for mattresses even costing more than $10K. If I paid more than $1K for a mattress it would keep me awake at night.
by 123
Thu Aug 05, 2021 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Question about estate or probate loan
Replies: 7
Views: 491

Re: Question about estate or probate loan

I suspect that the reason for a cash-out refinance is that the home purchaser needs to pay off the other relative for their 50% interest in the property.
by 123
Thu Aug 05, 2021 1:48 pm
Forum: Personal Investments
Topic: Portfolio Question
Replies: 5
Views: 645

Re: Portfolio Question

Many people use a 100% position in a single fund (or fund of funds) to get automatic worry-free account management. For example if an investor wanted a 60/40 blend they could invest 100% of an account in VBIAX Vanguard Balanced Index Shares for an expense ratio of .07% (7 bps) without any other fees...
by 123
Thu Aug 05, 2021 1:09 pm
Forum: Personal Investments
Topic: Exiting Brokerage Account - Need Advice re: Conversion from A/C class shares to institutional class
Replies: 1
Views: 225

Re: Exiting Brokerage Account - Need Advice re: Conversion from A/C class shares to institutional class

The problem with institutional class shares of mutual funds is that if the investor is in a retail brokerage account the investor would likely have to meet the minimum for share class (which can be $1M or more for some funds) based on only their own position in the fund. This is likely the situation...
by 123
Wed Aug 04, 2021 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Weighing a job offer - your thoughts please
Replies: 11
Views: 1864

Re: Weighing a job offer - your thoughts please

How good are your prospects for locating another contract position, similar to what you have now, if you do not accept the conversion to employee from your present customer? Or is your present customer "the only game in town" with regard to maximizing the utility of your skill set?
by 123
Wed Aug 04, 2021 9:03 pm
Forum: Investing - Theory, News & General
Topic: How much time does it take for you to monitor/manage your assets/money each month?
Replies: 41
Views: 2763

Re: How much time does it take for you to monitor/manage your assets/money each month?

An hour or two a month total for about 12 accounts (checking, CDs, 401k(s), Taxable brokerages, Traditional IRAs, Roth IRAs, Inherited IRA). Investments can be handled very easily once you set things up. In a number of accounts there can be 100% of a single holding, like a Total Stock Market fund/ET...
by 123
Wed Aug 04, 2021 8:39 pm
Forum: Spain
Topic: Does moving to spain adjust your cost basis?
Replies: 2
Views: 395

Re: Does moving to spain adjust your cost basis?

As a US citizen (based on your earlier posts) any transactions (purchases or sales) would impact your US taxes. If you you reside abroad the tax rules of that country could be different and could impact any tax return you file for that country in a different manner. Any particular income or transact...
by 123
Wed Aug 04, 2021 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Long-term care policy - Keep or Cancel?
Replies: 3
Views: 381

Re: Long-term care policy - Keep or Cancel?

Based on your other assets of $1M it adds an extra 36% to your potential to be self supportive for any care costs. The policy provides a significant buffer to preserve your estate in the event you enter a care situation. That said you have substantial personal resources to fund payment of your own c...
by 123
Wed Aug 04, 2021 10:17 am
Forum: Personal Finance (Not Investing)
Topic: $10k Land Purchase - What is the True Total Downside?
Replies: 39
Views: 3199

Re: $10k Land Purchase - What is the True Total Downside?

Assuming that there are a number of undeveloped plots for sale you don't know who your neighbors will be or how their plots will be developed. Is the area subject to municipal zoning restrictions and building codes? This could be less of an issue if the plots are very large (more than an acre) and p...
by 123
Wed Aug 04, 2021 10:07 am
Forum: Personal Investments
Topic: Inherited IRA: death of owner
Replies: 7
Views: 1267

Re: Inherited IRA: death of owner

Just for clarification, the 10-year rule starts on the year AFTER death, not the year of death. There has been some confusion when people are discussing the 10-year rule. Good point. And it sort of makes sense (something sometimes unusual in tax regulations). Since existing law required that the de...
by 123
Tue Aug 03, 2021 10:58 pm
Forum: Personal Investments
Topic: Why Did/Would You Choose Schwab Over Fidelity?
Replies: 73
Views: 5702

Re: Why Did/Would You Choose Schwab Over Fidelity?

We've had accounts at Schwab longer than Fidelity but I prefer Fidelity. Schwab cheaps out on account holders and makes their default cash account a deposit held at Schwab bank so the interest rate is very low. With Fidelity you can have a default MMF to hold your cash. Both firms have purchased MMF...
by 123
Tue Aug 03, 2021 10:40 pm
Forum: Personal Consumer Issues
Topic: Why is pc so slow
Replies: 65
Views: 3210

Re: Why is pc so slow

If you've got a desktop with a hard disk an SSD will be an easy improvement. A 1TB SSD runs about $100 and generally comes with a software download that can copy the entire existing HD to the SSD. Then you just replace the HD with the SSD.
by 123
Tue Aug 03, 2021 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Income Generating Ideas
Replies: 59
Views: 4797

Re: Income Generating Ideas

I work in the public sector in IT (not software eng).... Some public sector employers place onerous restrictions on what remunerative outside activities an employee may engage in. Some don't care at all, some may require a formal approval of the outside activity process. It's a good idea to check y...
by 123
Tue Aug 03, 2021 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Documents - Local Office Closed
Replies: 11
Views: 766

Re: Social Security Documents - Local Office Closed

USPS works best and fastest with routine mail, like the envelope they sent you to use.

If you add anything to the process, like registered or certified mail, or you use an alternate envelope it is only likely to slow things down or gum up the works for a thousand reasons. Keep it simple.
by 123
Tue Aug 03, 2021 12:19 am
Forum: Personal Finance (Not Investing)
Topic: ESOP Time Value of Money: Is my employer taking advantage of me?
Replies: 29
Views: 2051

Re: ESOP Time Value of Money: Is my employer taking advantage of me?

Your present (job), your financial future (significant savings/investment/ESOP), and retirement all tied to your present employer. That's a lifetime of concentrated risk. That would be too much risk for me. Maybe it would be okay if it were an organization that cannot fail (the US Government) but ot...
by 123
Mon Aug 02, 2021 11:42 pm
Forum: Personal Consumer Issues
Topic: I really want a car but don't need one: Please help
Replies: 59
Views: 4545

Re: I really want a car but don't need one: Please help

The street parking might tip this in favor of not getting a car. + 1 And street parking situations inevitably involve a certain amount of vandalism or hit-and-run bumps in the middle of the night. I was in a similar situation some years back after I did a relocation and car rental rates were more n...
by 123
Mon Aug 02, 2021 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Dead tenant, house is a mess
Replies: 39
Views: 9119

Re: Dead tenant, house is a mess

When the rent comes due (and presumably is not paid) post the standard "Notice to Quit" (or other notice required by your jurisdiction). Proceed with eviction procedures as timely and necessary. Do not neglect the standard legal formalities to evict a tenant (or their estate) who is not pa...
by 123
Sun Aug 01, 2021 9:10 pm
Forum: Personal Consumer Issues
Topic: Should I buy an extended warranty on my Ford C-Max plugin?
Replies: 16
Views: 935

Re: Should I buy an extended warranty on my Ford C-Max plugin?

White Oak wrote: Sun Aug 01, 2021 6:37 pm ...The standard warranty is 8 years, which ends this month. I don't live in CA...
I get lots of courtesy calls about my car warranty expiring. Perhaps you'll be lucky and get one of those calls just in time...
by 123
Sun Aug 01, 2021 6:01 pm
Forum: Investing - Theory, News & General
Topic: How to invest only in a taxable account?
Replies: 65
Views: 5718

Re: How to invest only in a taxable account?

To ease rebalancing transaction load in a taxable account do not automatically reinvest dividends. Apply any dividends toward the purchase of anything you need to achieve rebalancing. Note that with dividends held as cash until you manually rebalance you may incur some investment inefficiency. You o...
by 123
Sun Aug 01, 2021 5:20 pm
Forum: Investing - Theory, News & General
Topic: Own actual bonds, vs Own bond fund
Replies: 19
Views: 1934

Re: Own actual bonds, vs Own bond fund

...Choice 1. Again - High tax bracket - In taxable account - Purchasing and holding actual municipal bonds, selected by a bond house (such as Blackrock, Pimco, etc), in a personal account, that charges in the range of 0.5 %, AUM. Short half short term, half intermediate. All highly rated. Various s...
by 123
Sun Aug 01, 2021 3:42 pm
Forum: Personal Investments
Topic: Newbie wants to cut ties from Advisors????
Replies: 11
Views: 1560

Re: Newbie wants to cut ties from Advisors????

alnukem wrote: Sat Jul 31, 2021 12:28 pm ...have $400K in Gold/Silver Bullion..
This precious metals position alone exceeds the total portfolio of many on the cusp of retirement.

How long have you been acquiring it? Where do you keep it? How much are you annual custody expenses? How long do you plan to hold it?
by 123
Sat Jul 31, 2021 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: When to buy-out employer subsidized mortgage?
Replies: 10
Views: 1098

Re: When to buy-out employer subsidized mortgage?

A couple of general questions: Are there many other employees of this employer that have similar home ownership sharing arrangements? Was the arrangement part of an employment agreement (i.e. were you a new hire when the arrangement materialized)? If you home in a major city/metropolitan area or is ...
by 123
Sat Jul 31, 2021 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Career Fields
Replies: 28
Views: 2923

Re: Switching Career Fields

If you do a major career switch at age 40 (or more) you may have to face the "paying your dues" time for five or more years to build some experience and creditability in your new field. The end result will be is that you may always be 10 to 15 years or more older than most of your contempo...
by 123
Sat Jul 31, 2021 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Best option for receiving international wire transfer from European bank
Replies: 7
Views: 661

Re: Best option for receiving international wire transfer from European bank

Many banks use a standard FX rate for transactions below a set figure (varies by bank, could be $10K or maybe much higher). Above that set figure they will get a customer FX quote from their FX desk (doing a trade for the incoming wire, could be automated). That FX quote may include a profit margin ...
by 123
Sat Jul 31, 2021 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiation on Purchase with Custom Home builder
Replies: 4
Views: 776

Re: Negotiation on Purchase with Custom Home builder

... I am also interested on thoughts about using a realtor for a new home purchase... My experience on new home purchase from builder is that they typically just want to use their own sales staff. You can always ask but likely you'll end up paying your own buyers agent if you use one. If builder ag...
by 123
Sat Jul 31, 2021 4:40 pm
Forum: Personal Investments
Topic: Do I need Bonds in my portfolio? [Portfolio Review Request]
Replies: 112
Views: 9866

Re: Do I need Bonds in my portfolio? [Portfolio Review Request]

Steep market declines can benefit buyers. In March 2020 I had a number of standing buy orders set to become market orders at various price limit levels. The market fell so far so fast that most of my buy orders got executed at prices much lower than the limit trigger price. I was one happy camper. M...
by 123
Sat Jul 31, 2021 4:06 pm
Forum: Personal Investments
Topic: Set up ROTH's for adult kids without them knowing
Replies: 45
Views: 3151

Re: Set up ROTH's for adult kids without them knowing

You can simply establish 3 Roth IRA accounts for yourself (in your name and based on your earnings) and name each adult kid as a beneficiary. If you have an existing Roth IRA account you can do trustee-to-trustee transfers to fund the new accounts. If you don't have an existing Roth IRA account you ...
by 123
Fri Jul 30, 2021 9:00 pm
Forum: Personal Consumer Issues
Topic: Restricting access to a private community pool?
Replies: 70
Views: 6762

Re: Restricting access to a private community pool?

The HOA could place a camera at the pool entrance gate and record continuously. The HOA could add signage for residents to close the gate securely and that any resident who admits unauthorized outsiders will have pool access suspended for their household for maybe 2 weeks.
by 123
Fri Jul 30, 2021 5:17 pm
Forum: Personal Investments
Topic: Where to hold taxable funds while deciding on longer term investments, FIPDX ?
Replies: 7
Views: 785

Re: Where to hold taxable funds while deciding on longer term investments, FIPDX ?

If you're in a holding pattern the best options for holding cash are the no-penalty CD accounts at Marcus (7 months) or Ally (11 months). Pay attention to FDIC limits and be aware that you get the same FDIC insurance if you name a spouse as a joint-owner or as a beneficiary if you need to keep the f...
by 123
Fri Jul 30, 2021 12:48 pm
Forum: Forum Issues and Administration
Topic: Forum etiquette: Letting users know what you decide and/or how things went
Replies: 20
Views: 2612

Re: Forum etiquette: Letting users know what you decide and/or how things went

RootSki wrote: Fri Jul 30, 2021 9:27 am Maybe the site Admins can create a “solved” tag.
The OP can always go in and edit the title of the THREAD and insert "Solved - " at the beginning for example.
by 123
Fri Jul 30, 2021 12:21 am
Forum: Investing - Theory, News & General
Topic: Alternatives for HNW with Equi
Replies: 6
Views: 856

Re: Alternatives for HNW with Equi

Looks like they are all hype and marketing. The linkedin.com profile for their founder, Tory Reiss, https://www.linkedin.com/in/toryreiss indicates he is all about recruiting and sales. Seems like a typical con job, promise anything and everything to get someone's money. They want investors to signu...
by 123
Thu Jul 29, 2021 10:22 pm
Forum: Personal Consumer Issues
Topic: Visiting Seattle -- where to stay and do we need a car?
Replies: 38
Views: 3174

Re: Visiting Seattle -- where to stay and do we need a car?

We were in Seattle about 5 days a few years back. We stayed at Homewood Suites, 206 Western Avenue West, Seattle. We had rented a car in Portland, drove up, and returned the car to downtown Seattle. We did fine without a car, walked a lot, and we love public transit. Homewood Suites was about a mile...
by 123
Thu Jul 29, 2021 2:36 pm
Forum: Personal Consumer Issues
Topic: Stand alone tub purchase
Replies: 11
Views: 756

Re: Stand alone tub purchase

To get some ideas of alternatives look at the Kohler site:https://www.us.kohler.com/us/browse/bat ... 5vZ1z13z9n

There are likely other brands less expensive than Kohler.
by 123
Thu Jul 29, 2021 12:45 am
Forum: Personal Investments
Topic: Morgan Stanley and Charles Schwab does not have easy way to assign beneficiary to employer's RSUs (stock) account
Replies: 9
Views: 684

Re: Morgan Stanley and Charles Schwab does not have easy way to assign beneficiary to employer's RSUs (stock) account

RSU plans are generally operated in accordance with the arrangements established and paid for by the sponsoring employer. You should ask your employer what the provisions and procedures are in the event that an RSU account holder passes away. Your employer may be able to provide you with a complete ...
by 123
Wed Jul 28, 2021 11:11 am
Forum: Personal Consumer Issues
Topic: Unforeseen Maintenance Requirements Due to Relocation
Replies: 39
Views: 2934

Re: Unforeseen Maintenance Requirements Due to Relocation

A question to the OP:

Knowing what you know now would you make the same move decision or would you have decided to stay in Central California coastal area?

What were the main factors that motivated your move (i.e. fleeing California madness or being closer to family etc)?
by 123
Wed Jul 28, 2021 10:59 am
Forum: Personal Consumer Issues
Topic: Best way to learn golf
Replies: 34
Views: 3324

Re: Best way to learn golf

While you can likely get individual and group lessons through a pro shop at a local course there are other ways to learn. Local city recreation departments often have inexpensive golf classes. A couple hours a week for 4 to 10 weeks for $100 - $200. Likely a very relaxed and non-competitive atmosphe...
by 123
Tue Jul 27, 2021 11:29 pm
Forum: Personal Consumer Issues
Topic: Spa purchase contract
Replies: 4
Views: 714

Re: Spa purchase contract

I doubt that I would enter into a contract for delivery of something a year in the future in these COVID19 times. There is some likelihood that the provider could go out of business before delivery is accomplished depending on the course of the pandemic.
by 123
Tue Jul 27, 2021 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: One month, still no counteroffer [job]
Replies: 79
Views: 5878

Re: One month, still no counteroffer

...About a month ago I presented to my manager a job offer from a competitor for a similar role I'm currently doing. The new job starts mid next month. He asked if I was open to a counteroffer, and I said yes. Before this, I had been partially already working in a project management role. My depart...
by 123
Tue Jul 27, 2021 3:10 pm
Forum: Personal Consumer Issues
Topic: No mail since Thursday - Informed Delivery reporting?
Replies: 20
Views: 1786

Re: No mail since Thursday - Informed Delivery reporting?

In our area the classic reason for late mail is when it is misdelivered to another address, returned, resorted, and then delivered to us. That seems to add at least 3 or 4 days.
by 123
Tue Jul 27, 2021 2:42 pm
Forum: Personal Consumer Issues
Topic: How to become an Adjunct Professor?
Replies: 63
Views: 4965

Re: How to become an Adjunct Professor?

...it is my understanding, the pay is not that great... +1 But if the work is for a public college or university the work may be under a public retirement system with pension benefits. Additionally teaching at a college can add a lot towards your professional creditability and visibility. Doors can...
by 123
Tue Jul 27, 2021 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a medical bill because it seems too high
Replies: 10
Views: 1086

Re: Negotiating a medical bill because it seems too high

Many insurance providers have on-line tools where you can sign-in and learn the negotiated costs of various specific procedures done by different specific providers. Negotiated fees can vary widely. A simple blood test could cost $50 at a local chain lab where you have to schedule an appointment in ...
by 123
Tue Jul 27, 2021 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Dumb Question...am I suppose to do separate record keeping of my taxable accounts?
Replies: 12
Views: 1632

Re: Dumb Question...am I suppose to do separate record keeping of my taxable accounts?

One of the biggest discouragements to frequent trading is the tax reporting burden. If you do your own taxes and get accurate and complete downloads from your broker(s) (with no subsequent corrections) perhaps you'll not have difficulty (at least some years). If you place reliance on someone else to...
by 123
Mon Jul 26, 2021 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep pre-marital assets separate, while still contributing?
Replies: 68
Views: 4721

Re: How to keep pre-marital assets separate, while still contributing?

If you (really) want to put a chunk of "your" money into a house for a down payment, then mathematically it could look like the % of the down payment would be "yours" and the mortgage balance would be "shared". One way to do this would be to simply (and here be dragons...
by 123
Mon Jul 26, 2021 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep pre-marital assets separate, while still contributing?
Replies: 68
Views: 4721

Re: How to keep pre-marital assets separate, while still contributing?

My understanding of this is that if you add even one cent into your ‘own’ account after the marriage date, the whole account will become commingled and can be claimed to be joined. The only way to keep it separate in some legal way is not to contribute anything and not to do anything with it I thin...
by 123
Mon Jul 26, 2021 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to keep pre-marital assets separate, while still contributing?
Replies: 68
Views: 4721

Re: How to keep pre-marital assets separate, while still contributing?

You also have to consider taxes. If you use community income (even if you're the only one working) to pay taxes on income from your separate assets (dividends, interest, capital gains) you could lose the separate assets distinction. Better to use income from those separate assets to pay any taxes th...
by 123
Sun Jul 25, 2021 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Term life Vs. whole life
Replies: 64
Views: 4683

Re: Term life Vs. whole life

Insurance agents are strongly motivated to steer you to whole life insurance products since the commissions to them can often be 50% - 90% (or more) of the first year premium. That's just one of the reasons that whole life insurance products are so costly over time. Insurance companies actually lose...
by 123
Sun Jul 25, 2021 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly have to pay for kids’ colleges
Replies: 50
Views: 9250

Re: Suddenly have to pay for kids’ colleges

DolfanAtx wrote: Sun Jul 25, 2021 5:01 pm ...Said he’s changed his mind for all 7 grandkids and mine are the oldest so it impacts me now...
Possibly he did not expect to become richly blessed with so many grandchildren.
by 123
Sun Jul 25, 2021 8:41 pm
Forum: Personal Investments
Topic: Traditional 401k and ROTH 401k
Replies: 10
Views: 837

Re: Traditional 401k and ROTH 401k

If I were you I would switch to Roth 401K contributions for a few years and then reevaluate. The present problem with most 401k plans that offer both Traditional and 401K contribution options is that typically the investment allocations have to be the same on each side. Of course for tax efficiency ...
by 123
Sat Jul 24, 2021 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with VUL policy?
Replies: 16
Views: 916

Re: What to do with VUL policy?

...If you want the cash now and are willing to pay taxes on the $105k gain, pick option 1 If you’d like to defer the tax hit into the future a little bit, then consider a 1035 exchange into either a low cost variable annuity or one or more multi year guaranteed annuities... +1 An excellent time to ...