Search found 1188 matches

by scubadiver
Fri Jul 10, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.
Replies: 72
Views: 5402

Re: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.

A more serious response than my comment above would be that you should not give a tip, gift card or otherwise. If you're lucky, giving a tip will only be somewhat awkward. If you really wish to say thank you, floss daily, be on-time or early for your appointment, and if you need to cancel, do so at ...
by scubadiver
Fri Jul 10, 2020 8:25 pm
Forum: Personal Consumer Issues
Topic: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.
Replies: 72
Views: 5402

Re: Tip Dental Hygienist for Teeth Cleaning? Thanks everyone.

I always tip the hygienist twice my co-pay. Kinda thought this was standard.
by scubadiver
Fri Jul 10, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra principal on house you do not plan on staying in?
Replies: 19
Views: 1779

Re: Pay extra principal on house you do not plan on staying in?

Hi All- Good morning! Is it worth making strides to pay off a house early that you may only stay in for another 10 years? Details: -Maxing out all retirement vehicles -No debt besides the home -6 months of expenses in the EF - $3000 in my car fund for next vehicle when the time comes to purchase on...
by scubadiver
Fri Jul 10, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a Home to Rent to Mom?
Replies: 15
Views: 1739

Re: Buy a Home to Rent to Mom?

My spouse and I are considering purchasing a small 1200-1500 square foot home for my single mother, and having her rent it back from us. She's 62, still working a stable job, and lives in an apartment. She has never owned a home, so she has no equity outside of her small 401k and expected social se...
by scubadiver
Fri Jul 10, 2020 9:03 am
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 8008

Re: 15 year or 30 year mortgage?

Moral of the story from all the various comments and discussions in this thread: Maintain discipline with respect to use of leverage and funding lifestyle.
by scubadiver
Thu Jul 09, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 8008

Re: 15 year or 30 year mortgage?

Yes, that is correct, I am not planning to pay down the loan any quicker. I am about 16 years from retirement (currently age 45 and plan to stop working around age 61). A pension did factor into my decision. It is basically as if a portion of your paycheck keeps coming forever. In the meantime, inf...
by scubadiver
Thu Jul 09, 2020 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 8008

Re: 15 year or 30 year mortgage?

Yes, that is correct, I am not planning to pay down the loan any quicker. I am about 16 years from retirement (currently age 45 and plan to stop working around age 61). A pension did factor into my decision. It is basically as if a portion of your paycheck keeps coming forever. In the meantime, inf...
by scubadiver
Thu Jul 09, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 8008

Re: 15 year or 30 year mortgage?

Yes, that is correct, I am not planning to pay down the loan any quicker. I am about 16 years from retirement (currently age 45 and plan to stop working around age 61). A pension did factor into my decision. It is basically as if a portion of your paycheck keeps coming forever. In the meantime, inf...
by scubadiver
Thu Jul 09, 2020 3:11 pm
Forum: Investing - Theory, News & General
Topic: TSP fees shocker
Replies: 12
Views: 1829

Re: TSP fees shocker

Also worth noting that while Vanguard fees are generally low, a comparable** Vanguard international fund (VTIAX or VFWAX) has an expense ratio of 0.11%. Most would argue that is exceptionally low, particularly for an international fund. But the TSP fund comes in at 0.042%, saving those penny pinchin...
by scubadiver
Thu Jul 09, 2020 12:00 pm
Forum: Personal Investments
Topic: COVID Portfolio
Replies: 33
Views: 2621

Re: COVID Portfolio

Thanks!!! TBH knowing the YTD return before expenses was my primary concern. My buddy has crazy money and access to proprietary investments that I don't have so anytime I can compete with him or beat his return I feel I'm doing well. This mindset is detrimental to your financial well-being. It's no...
by scubadiver
Wed Jul 08, 2020 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Share your budget
Replies: 152
Views: 10854

Re: Share your budget

We don't have an explicit budget per se, but here's where I think we're going to land for 2020 based upon 2019 and current / planned spending. Mortgage (Includes additional principal payment): 18K Property Taxes: 5.5K Insurance (Home / Auto / Umbrella / Term Life): 2.7K Savings (includes employer ma...
by scubadiver
Wed Jul 08, 2020 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 164
Views: 21272

Re: Landlords: How are you doing this year?

25% of NY renters are not paying rent: https://www.bloombergquint.com/businessweek/coronavirus-moves-nyc-affordable-housing-crisis-to-breaking-point This is going to hurt. You mean in addition to those that have rentals at college towns, vacation spots ,and near any larger employer who is transitio...
by scubadiver
Wed Jul 08, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 747
Views: 42363

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

For those Vanguard investors who have substantial international exposure, what funds are you holding? VTIAX? VTWAX? Something else? And are you just in international equities or do you have an International bond exposure as well?
by scubadiver
Wed Jul 08, 2020 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Manager vs. Direct report salary issues
Replies: 155
Views: 14039

Re: Manager vs. Direct report salary issues

According to my limited understanding, salary is considered confidential information in private sectors, but pay grade may be not. In government, this is a distinction without a difference. Knowing someone's grade, location, and years of experience at a particular grade determines their salary. You...
by scubadiver
Wed Jul 08, 2020 1:00 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 189
Views: 14159

Re: Neighborhood Noise

scubadiver
by scubadiver
Tue Jul 07, 2020 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 48496

Re: College in fall

This forum seems to be heavily weighted towards utilitarianism, wringing the last ounce of value put of each dollar. I think many underestimate how much people value the "college experience", hanging out with friends, going to parties, sporting events, various clubs, maybe even fraterniti...
by scubadiver
Tue Jul 07, 2020 9:50 pm
Forum: Personal Investments
Topic: COVID Portfolio
Replies: 33
Views: 2621

Re: COVID Portfolio

My advisor says Vanguard doesnt have a COVID specific product. Others do and my best friend has returned return on his investment in the last 6 weeks. Going back and forth with my advisor with no good answer. Was Vanguard sleeping on the most compelling event on our lifetimes? Welcome to the forum....
by scubadiver
Tue Jul 07, 2020 9:42 pm
Forum: Personal Investments
Topic: How to invest 6,000 in a 3 fund portfolio when admiral shares have a minimal balance of 3,000?
Replies: 27
Views: 2324

Re: How to invest 6,000 in a 3 fund portfolio when admiral shares have a minimal balance of 3,000?

Hey all, First time investor here, so please don't roast me too horribly :) I want to start a roth IRA and max it out for the year before the July 15th deadline. I was curious about what would be the best way to invest in a traditional 3 fund portfolio when admiral shares have a minimal balance of ...
by scubadiver
Tue Jul 07, 2020 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Attorney needed?
Replies: 28
Views: 3325

Re: Attorney needed?

Sorry to hear about your father's unfortunate accident and circumstances. I think you should consult with an attorney. There may be exceptions, but as a general rule, if you are uncertain about the need to consult an attorney, then you need to consult an attorney. Get some advice, understand your o...
by scubadiver
Tue Jul 07, 2020 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year or 30 year mortgage?
Replies: 104
Views: 8008

Re: 15 year or 30 year mortgage?

Here's my suggestion, which is influenced in part by the fact that you are so young. Go with the 30-year until you reach the point where you are maxing all available 401k and IRA space annually and contributing at some level to 529 plans (if you have children) and maybe building a small taxable port...
by scubadiver
Tue Jul 07, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: New Grad's Budget
Replies: 22
Views: 1099

Re: New Grad's Budget

Hi everyone. I'm starting my first job out of school as an engineer for a large company in MCOL. I start next week. I wanted to know what Bogleheads think about my budget. I was pretty limited with the housing options here for several reasons, but I finally found a place so hopefully my rent won't ...
by scubadiver
Tue Jul 07, 2020 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Attorney needed?
Replies: 28
Views: 3325

Re: Attorney needed?

Sorry to hear about your father's unfortunate accident and circumstances. I think you should consult with an attorney. There may be exceptions, but as a general rule, if you are uncertain about the need to consult an attorney, then you need to consult an attorney. Get some advice, understand your op...
by scubadiver
Tue Jul 07, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 48496

Re: College in fall

If I made reservations at a hotel for a week, and show up to find someone hit their head on the diving board and bled into the pool, so they had to close the pool for a day or two (and all the other nearby hotels had similar issues), I would be disappointed that we would miss out on some of the enj...
by scubadiver
Tue Jul 07, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 189
Views: 14159

Re: Neighborhood Noise

scubadiver
by scubadiver
Tue Jul 07, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 48496

Re: College in fall

My son will be starting grad school at MIT this year, and he plans to stay in an off campus apartment with roommates. Since he is doing research, he will supposedly be allowed on campus. I was hoping to be able to help him move in, but the quarantine requirements rule that out. Luckily, it is not c...
by scubadiver
Mon Jul 06, 2020 11:38 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 189
Views: 14159

Re: Neighborhood Noise

I live in a rural area and it’s not quiet. I’m on 20 acres and can still hear the compressor station on the parcel a hundred acres away. The coyotes chatter and howl all night long and my dog barks all night long at them. I have bull frogs in my pond that I can hear from the house 300’ away. My nei...
by scubadiver
Mon Jul 06, 2020 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 48496

Re: College in fall

Mudpuppy wrote: Mon Jul 06, 2020 9:16 pm My opinion is this decision will not have the stated desired results. Instead of pressuring campuses to have in-person classes, it will likely make international students look to other countries to study.
And what exactly are the stated desired results again?
by scubadiver
Mon Jul 06, 2020 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 48496

Re: College in fall

I just read that Harvard is going online for the fall semester, it seems like the first domino to drop among the elite universities. My guess is the rest will follow suit in the next two weeks. I feel sorry for the kids that got off campus apartments thinking they would be going back to in person l...
by scubadiver
Mon Jul 06, 2020 5:30 pm
Forum: Personal Investments
Topic: Early Retirement Check Up - Looking for Direction
Replies: 43
Views: 4110

Re: Early Retirement Check Up - Looking for Direction

What tax benefit are you getting by contributing to a traditional IRA for your spouse? Unless I am missing something, you don't qualify for a deductible IRA. Or did I miss something and you do in fact qualify? Because if you don't qualify for a deductible IRA, it makes no sense for you to contribut...
by scubadiver
Mon Jul 06, 2020 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Manager vs. Direct report salary issues
Replies: 155
Views: 14039

Re: Manager vs. Direct report salary issues

According to my limited understanding, salary is considered confidential information in private sectors, but pay grade may be not. In government, this is a distinction without a difference. Knowing someone's grade, location, and years of experience at a particular grade determines their salary. You...
by scubadiver
Mon Jul 06, 2020 3:46 pm
Forum: Personal Investments
Topic: Early Retirement Check Up - Looking for Direction
Replies: 43
Views: 4110

Re: Early Retirement Check Up - Looking for Direction

Maybe this was already addressed and I just missed it, but from what you posted above, I am inferring that you are contributing to a traditional IRA for your spouse rather than a Roth IRA. Is that correct? And if so, why? Not sure I have a great answer to that question. Basically, to get some immed...
by scubadiver
Sun Jul 05, 2020 10:00 pm
Forum: Personal Investments
Topic: Early Retirement Check Up - Looking for Direction
Replies: 43
Views: 4110

Re: Early Retirement Check Up - Looking for Direction

Cash/CDs: $61,000 Debt: Mortgage ($361k owed @3.75%, 30 year, worth $515k, paying $600/month extra toward principal) Tax Filing Status: Married Filing Jointly Tax Rate: I don't know. Salary is about $145k/year. Tax rate is much lower than expected because of deductions and maxing out retirement acc...
by scubadiver
Sun Jul 05, 2020 9:45 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 189
Views: 14159

Re: Neighborhood Noise

Greetings, I am sensitive to noise and do not like it. I have issues with two categories of noise: 1. Noise (like people playing music and talking outside) at night when I am trying to go to sleep 2. Noise that can be dangerously loud, such as nearby illegal fireworks. I am really rattled after las...
by scubadiver
Sun Jul 05, 2020 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: 529 fairness?
Replies: 45
Views: 4302

Re: 529 fairness?

My strategy is to constantly tell the kids that life isn't fair, and that if they don't work hard and get scholarships to college, they will end up homeless and live under a bridge. +1 . I constantly tell my kids that we are dirt poor and are hoping they can work double hard and take us all out of ...
by scubadiver
Sun Jul 05, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Landlords: How are you doing this year?
Replies: 164
Views: 21272

Re: Landlords: How are you doing this year?

Question for landlord: when did you realize you should stop buying rental properties? Not really a well-posed question as it presumes the rental property that we own now was purchased with the intent of it being a rental property. :wink: I suppose the most appropriate response would be "never&...
by scubadiver
Sun Jul 05, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 549
Views: 48496

Re: College in fall

This. The unfortunate reality is, in this current environment, the chances of a young adult doing anything productive with a gap year are very slim. In most situations , at this time, that's the last thing I would recommend a young college student to do right now. How about a gap year doing public ...
by scubadiver
Sun Jul 05, 2020 2:44 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 327936

Re: Coronavirus and the market

scubadiver
by scubadiver
Sat Jul 04, 2020 4:15 pm
Forum: Investing - Theory, News & General
Topic: Which is the best "Die Broke" book?
Replies: 17
Views: 2364

Re: Which is the best "Die Broke" book?

What exactly are the serious health problems? He's 71. :confused Did you forget to finish your post, with the actual "health problems"? RM Got a chuckle out of this exchange. My father comes from a large family and the siblings have all stayed fairly close over the years. One of my aunts ...
by scubadiver
Fri Jul 03, 2020 4:57 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 747
Views: 42363

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

For the US to continue to significantly outperform long-term, its market cap (already near its all-time high) would have to continue moving up. How close do you expect it will get to 100%? Will we blow past the post-WWII peak of American dominance? You decide. I buy the world. But isn't weighting y...
by scubadiver
Fri Jul 03, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 747
Views: 42363

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

This discussion board is made up of retail investors. Literature generally suggests many retail investors are likely prone to potentially detrimental performance chasing. Aside from suggesting that investment risk may not result in realized returns, and generally supporting performance chasing, how...
by scubadiver
Fri Jul 03, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 327936

Re: Coronavirus and the market

So the US is slowly approaching 100k new cases per day and the markets don't care. Do we need to hit the actual numbers so that people realize "Oh damn it got worse I need to sell all my stocks"? I'm still doubting if markets are truely efficient. I think those in the know are aware the F...
by scubadiver
Fri Jul 03, 2020 11:50 am
Forum: Investing - Theory, News & General
Topic: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?
Replies: 747
Views: 42363

Re: Will ex-US ever revert to good performance? Or is it just a high-risk, low-reward investment?

I think it would be outstanding if the economies and markets of Central and South America substantially outperformed the US over the next 30 years. This would be indicative of presumably a number of other positive developments including better infrastructure, lower crime, better job opportunities an...
by scubadiver
Thu Jul 02, 2020 8:31 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 327936

Re: Coronavirus and the market

I'm not a believer in "new bull market". While it's a pretty high dead cat bounce, it's unclear to me that we're on a true economic rebound. I think we haven't seen the worst yet...no idea when that will be either. It's never clear. It's not a "dead-cat bounce". It's that no one...
by scubadiver
Thu Jul 02, 2020 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: 529 fairness?
Replies: 45
Views: 4302

Re: 529 fairness?

You are overthinking this. I have been advised by others on this forum that it is prudent to fund a 529 for each child. The rationale being that this implicitly communicates your intent to fund college for each child. This becomes important in the event of your early passing. Alternatively, you coul...
by scubadiver
Thu Jul 02, 2020 5:22 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4089
Views: 327936

Re: Coronavirus and the market

So the US is slowly approaching 100k new cases per day and the markets don't care. Do we need to hit the actual numbers so that people realize "Oh damn it got worse I need to sell all my stocks"? I'm still doubting if markets are truely efficient. Prior to the pandemic, the US economy was...