Search found 3150 matches

by Aptenodytes
Fri Jul 17, 2015 7:19 am
Forum: Personal Consumer Issues
Topic: At some point in time, is your beater worth it? [car]
Replies: 30
Views: 3252

Re: At some point in time, is your beater worth it? [car]

I presume you meant "not worth it." So you are asking if there are cars worth maintaining in perpetuity. Sure, if the car is extremely high value and your opportunity costs are extremely low. One percenters could find themselves in such a situation (Jay Leno maybe). For us average folk a c...
by Aptenodytes
Fri Jul 03, 2015 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6321

Re: Risks of RMD Withdrawal From A Single Fund IRA

Isn't the simplest message that if you want to rebalance across multiple accounts and you don't like doing math, don't hold target date or other funds-of-funds. If you don't mind doing math, it more or less doesn't matter what kind of funds you have or where you take your RMDs from. (theoretically y...
by Aptenodytes
Fri Jul 03, 2015 5:17 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 479
Views: 68024

Re: What are you up YTD? [Year To Date]

3.03% ytd as of 6-30-2015. 62% equity (36% int'l; 64% domestic); 30% fixed; 8% cash This performance is totally amazing as it is double what index funds with a similar asset allocation have done. What's your secret? If Sconie had a heavy small-cap tilt in international, and had some high-performing...
by Aptenodytes
Fri Jul 03, 2015 9:04 am
Forum: Personal Consumer Issues
Topic: Will you pay to not have ads?
Replies: 35
Views: 3348

Re: Will you pay to not have ads?

While Nisi is right that you are never totally free of ads, the difference between 3 minutes at the beginning of the show and 20 minutes sprinkled throughout is night and day. Same with movies -- would you ever even set foot in a theater if those stupid ads were shown throughout the movie? I watch a...
by Aptenodytes
Fri Jul 03, 2015 1:35 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 479
Views: 68024

Re: What are you up YTD? [Year To Date]

3.37% through June 30
55% stocks, of which 50% international.
by Aptenodytes
Mon Jun 29, 2015 8:14 am
Forum: Personal Consumer Issues
Topic: Under the sink reverse osmosis water filter recommendations?
Replies: 20
Views: 1995

Re: Under the sink reverse osmosis water filter recommendations?

Interested to see others thoughts on water filters generally and RO units specifically. Cautions about removing fluoride from the water should be considered, especially if there are children drinking the water. Unless addressing specific issues, it strikes me that the home water filter/treatment mo...
by Aptenodytes
Sun Jun 28, 2015 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: What's your net worth break down? What's ideal?
Replies: 44
Views: 6825

Re: What's your net worth break down? What's ideal?

2) If you were going to attempt one anyway, you'd need both a credit and a debit entry in your ledger. Yours has only credits so one wonders where the "net" went. What? Net worth is the sum of your or assets and liabilities. If you have no liabilities then you are just talking about your ...
by Aptenodytes
Sun Jun 28, 2015 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 43
Views: 4418

Re: Drawing from Retirement Savings to Delay SS

I don't quite understand the motivation behind the question. People delay SS. They pay their bills. What's the big deal? But I'll play along. 1. How much of your retirement savings in percentages do you plan on depleting in order to fund your delay? I'm about 10 years away, so this is a wild guess: ...
by Aptenodytes
Sun Jun 28, 2015 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: What's your net worth break down? What's ideal?
Replies: 44
Views: 6825

Re: What's your net worth break down? What's ideal?

1) I can't see how there could possibly be any ideal net worth breakdown.
2) If you were going to attempt one anyway, you'd need both a credit and a debit entry in your ledger. Yours has only credits so one wonders where the "net" went.
by Aptenodytes
Tue Jun 16, 2015 6:33 am
Forum: Investing - Help with Personal Investments
Topic: SPIA or Vanguard fund for income at 80?
Replies: 35
Views: 4082

Re: SPIA or Vanguard fund for income at 80?

Your Aunt isn't following what we would consider a rational strategy, but she isn't following an irresponsible strategy. She is hoarding cash and spending way below her means. If she wants to spend a fraction more (still way below her means) while making the fewest possible changes to her investment...
by Aptenodytes
Mon Jun 15, 2015 7:20 am
Forum: Personal Consumer Issues
Topic: Best place to purchase a summer hat
Replies: 26
Views: 2947

Re: Best place to purchase a summer hat

The best place is probably while on vacation in the southern hemisphere while on a fantastic vacation. The hat will remind you of your vacation every time you wear it. In fact, buy more than one or two. Macchu Picchu? Uluru? Capetown? Patagonio? That's what I was going to say! A benefit of the remi...
by Aptenodytes
Mon Jun 15, 2015 7:16 am
Forum: Personal Consumer Issues
Topic: Where do you keep your to do list?
Replies: 60
Views: 5682

Re: Where do you keep your to do list?

My to-do list is a MS Word file. I have developed my time- and task-management system many years ago, and changing it now would be difficult. In my experience, having multiple to-do lists is worse than not having one at all: their coordination and reconciliation are a nightmare and they pose a high...
by Aptenodytes
Mon Jun 15, 2015 7:13 am
Forum: Investing - Theory, News & General
Topic: Small Cap (Value) Tilt vs. Market Weight
Replies: 52
Views: 6350

Re: Small Cap (Value) Tilt vs. Market Weight

Diversification and tilting are two different strategies. You diversify among things that have relatively low correlation with each other so as to smooth out the bumps in your portfolio's growth trajectory. You tilt in order to capture a premium in an asset factor. In some cases you might both at on...
by Aptenodytes
Sun Jun 14, 2015 1:11 pm
Forum: Personal Consumer Issues
Topic: Good hotels and restaurants in Vienna, Salzburg
Replies: 9
Views: 862

Re: Good hotels and restaurants in Vienna, Salzburg

I stayed recently at the Ambassador in Vienna, about $200/night -- if it has twin beds it will suit you.

I don't like Sacher Torte but I suppose it is mandatory to try it.
by Aptenodytes
Sun Jun 14, 2015 1:04 pm
Forum: Personal Consumer Issues
Topic: Where do you keep your to do list?
Replies: 60
Views: 5682

Re: Where do you keep your to do list?

This is one of those "the best solution is the one that works for you" questions. I use a combination of Evernote and a 3.5x5 pocket notebook. But there are a zillion ways to meet such needs and what works for one person won't always work for another. The logic behind the Getting Things Do...
by Aptenodytes
Sat Jun 13, 2015 4:24 pm
Forum: Investing - Theory, News & General
Topic: Aren't bogleheads predicting the long term?
Replies: 84
Views: 8882

Re: Aren't bogleheads predicting the long term?

You seem more interested in questions than answers.

What information exactly do you seek, and what will you do with it when you get it? I can't tell.
by Aptenodytes
Fri Jun 12, 2015 2:42 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

Good timing. I was thinking about PMing everyone who chipped in and wasn't looking forward to that. I want to repeat my thanks to everyone who offered insights. And I wish I didn't have such an anticlimactic "update" but the fact is there is just no movement. To reiterate the sequence: 1) ...
by Aptenodytes
Wed Jun 10, 2015 3:24 pm
Forum: Personal Consumer Issues
Topic: Airline flight booking
Replies: 22
Views: 3089

Re: Airline flight booking

Kayak and Matrix are what I use. Matrix finds lower fares via more complex routing than Kayak can do. A lot of people like Hipmunk but I've never found it helpful. http://www.google.com/flights/ has an interesting map feature that is useful if you are willing to fly anywhere in a general area. You c...
by Aptenodytes
Wed Jun 10, 2015 3:02 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

What is this said "invoice" anyway? I never have gotten an invoice with my vehicle purchase. Only thing I left with was a copy of the Purchase Agreement. In my case, I had what I thought was an "invoice", which is the word I originally used, but it turns out that maybe it was in...
by Aptenodytes
Wed Jun 10, 2015 3:00 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

The problem in this case is that it appears that the original Purchase Agreement is still in force and has not been superseded by a subsequent contract with revised terms. You don't know that. The OP stated that he has a "final invoice" showing the price of the car at $1,500 less than the...
by Aptenodytes
Wed Jun 10, 2015 9:45 am
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

What IS the $1,500 that went missing from the contract to the invoice? What item or service or fee does it correspond to? I still haven't connected with the dealer so no resolution to report yet. But to answer this question, as I said above the $1500 was a rebate that evidently this transaction was...
by Aptenodytes
Wed Jun 10, 2015 9:42 am
Forum: Personal Finance (Not Investing)
Topic: HSA reimbursements - to take now or wait?
Replies: 13
Views: 1334

Re: HSA reimbursements - to take now or wait?

If you wish, the choice doesn't have to be all-or-nothing. Our rule is to use the debit card for expenses under $50 (to save on the volume of receipts and transactions to track) and pay out of pocket for everything else. I'm not sure that is rational from a strictly transaction-cost perspective, but...
by Aptenodytes
Tue Jun 09, 2015 12:42 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

...I didn't provide more identifying information to protect my anonymity for the time being, but I realize people are asking about the company and the state, and I'll be able to share that once the issue is resolved. Just the car model and state would be sufficient. There's no need to name the comp...
by Aptenodytes
Tue Jun 09, 2015 11:57 am
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

I appreciate all the feedback. The fact that you all disagree with each other is actually quite helpful, because it lets me hear a kind of Socratic dialogue teasing out all sides of the issue. I'm stepping in now to let you all know that I've decided on a course of action and am trying to reach the ...
by Aptenodytes
Mon Jun 08, 2015 3:27 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

Although this fact pattern sounds different. "There's a mistake in the contract" (always to the dealer's favor) is a common dealer scam. I have never heard of a dealer calling and say, "Hey, there is a mistake in the contract and we owe you money." I don't doubt that there was a...
by Aptenodytes
Mon Jun 08, 2015 3:09 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Re: Car dealer wants me to compensate for underpayment

leonard wrote:Was the final invoice and contract signed off by both you and the dealer at the $1500 lower price?

Well, I signed it and drove off with the car. When I get home I'll look and see if the dealer signed the invoice too.
by Aptenodytes
Mon Jun 08, 2015 2:46 pm
Forum: Personal Consumer Issues
Topic: Car dealer wants me to compensate for underpayment
Replies: 182
Views: 13684

Car dealer wants me to compensate for underpayment

This is something I haven't heard of before, and would appreciate thoughts. The short version is: the car dealer says they undercharged me by $1500 and wants me to return that amount. I signed a contract to buy the car two weeks ago. I picked it up a week later after the credit union check came in t...
by Aptenodytes
Sat Jun 06, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: HSA record keeping?
Replies: 10
Views: 728

Re: HSA record keeping?

Many receipts will fade completely within a few years.

It isn't just hsa receipts you need to scan. Any warranties that require receipts need to be scanned or photographed too.
by Aptenodytes
Sat Jun 06, 2015 4:16 pm
Forum: Personal Consumer Issues
Topic: Missing Connecting Flights / Int'l Travel
Replies: 5
Views: 1131

Re: Missing Connecting Flights / Int'l Travel

To answer the question you pose, yes it is far simpler to rebook the ticket to match your actual itinerary. It will cost money, possibly a lot, but it is the simplest approach. If that isn't your actual question, then one thing to know is that you can't skip a leg and try to fly on the same airline ...
by Aptenodytes
Sat Jun 06, 2015 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting help with my TIAA CREF allocation
Replies: 9
Views: 1074

Re: Requesting help with my TIAA CREF allocation

1) Your Traditional Annuity (TRAD) is part of your portfolio, so it should be included in your AA. Your target portfolio omits it, but TRAD normally has limits on withdrawal, so you can't simply move it into a bond fund in one fell swoop. If TRAD is currently 24% of your total, and you are aiming fo...
by Aptenodytes
Sat Jun 06, 2015 12:31 pm
Forum: Personal Consumer Issues
Topic: Best Mail Option?
Replies: 13
Views: 1935

Re: Best Mail Option?

I once lived in a rural area with no home mail delivery. Never had trouble with the PO box. If you are worried about the service invest time in getting to know your postmaster, bring edible gifts, be friendly and chatty when you stop by, etc. You asked about FedEx and UPS. They don't care if you get...
by Aptenodytes
Sun May 31, 2015 11:08 am
Forum: Investing - Theory, News & General
Topic: Clements on CNBC - invest 7 year new auto loan proceeds into market
Replies: 16
Views: 1868

Re: Clements on CNBC - invest 7 year new auto loan proceeds into market

It has to be more compelling than that to make me watch a video, so I'll just rely on your summary. I am guessing he is referring to a circumstance where you have a choice to pay cash for a car, finance it short-term at a low rate, or finance it long-term at a high rate. As opposed to buying cars yo...
by Aptenodytes
Sat May 30, 2015 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Home Equity as part of your Net Worth?
Replies: 25
Views: 2934

Re: Home Equity as part of your Net Worth?

Cosmo wrote:This has been discussed ad nauseam very recently here.

http://www.bogleheads.org/forum/viewtop ... 2&t=165715

Cosmo

The nausea has gotten so bad it led you to misread the question.
by Aptenodytes
Sat May 30, 2015 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Home Equity as part of your Net Worth?
Replies: 25
Views: 2934

Re: Home Equity as part of your Net Worth?

This question doesn't seem to lend itself to a rule of thumb as coarse as "don't let your home equity get beyond X% of your net worth." Such a rule would lend itself to all kinds of perversions. For example, the faster you paid off your mortgage, the more trouble you would be in. Or if you...
by Aptenodytes
Sat May 30, 2015 6:29 am
Forum: Investing - Theory, News & General
Topic: Can this be possible? [Not lose money during 2008 crash]
Replies: 57
Views: 6549

Re: Can this be possible?

Sheepdog wrote:Yes, it is possible. If they didn't sell during the downturn, they did not lose anything.
After the downturn, I recovered everything within 18 months so I did not lose anything

That's changing the goal posts. "during the fall" doesn't include after the fall.
by Aptenodytes
Tue May 26, 2015 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed 0.99% auto loan
Replies: 34
Views: 3374

Re: Penfed 0.99% auto loan

Just wanted to follow up.. did anyone apply for this on Thursday-Friday and get the 0.99% deal besides harikaried who already had a loan with them and was easier to click/refi? I'm curious how fast they were processing if this deal comes around again. Thanks. I applied on Saturday afternoon and had...
by Aptenodytes
Tue May 26, 2015 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Changing my bond allocation
Replies: 13
Views: 1831

Re: Changing my bond allocation

If I have MUNI's in taxable accounts I don't pay taxes on them, and I can move the stocks, which are in taxable accounts, into tax sheltered accounts, so I don't pay taxes on dividends. I believe the preferred solution is to keep bonds in tax-advantaged and concentrate your taxable stock holdings i...
by Aptenodytes
Tue May 26, 2015 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Building a diverse portfolio from sector funds
Replies: 11
Views: 991

Re: Building a diverse portfolio from sector funds

My sense is that comparing performance isn't going to be that useful. I think the most relevant questions are these: 1) approximately what fraction of the acceptable companies are captured in the collection of sector funds you have identified? My guess is it is pretty high, in which case you are in ...
by Aptenodytes
Tue May 26, 2015 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Changing my bond allocation
Replies: 13
Views: 1831

Re: Changing my bond allocation

Why do you want to do this?
by Aptenodytes
Mon May 25, 2015 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Allocation with large holding in single stock
Replies: 34
Views: 2630

Re: Allocation with large holding in single stock

I think people are getting a bit overwrought about this. The OP has clarified that the parents do not need the AAPL holdings to finance their retirement. What they have outside of AAPL is enough to provide for a comfortable living. So the worst case scenario is a life of comfort and bump up in wisdo...
by Aptenodytes
Sun May 24, 2015 12:37 pm
Forum: Personal Consumer Issues
Topic: Building a guest house
Replies: 20
Views: 2127

Re: Building a guest house

Just sell him the land and put the proceeds in a retirement account. Choosing to be a landlord and to bankroll the construction just because you are making a guess that the land will increase in value more than a stock fund is kind of bananas. That's a lot of risk and headache you are taking on with...
by Aptenodytes
Sun May 24, 2015 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation with large holding in single stock
Replies: 34
Views: 2630

Re: Allocation with large holding in single stock

The 40% is enough to provide comfortably for them. Given that, I would not invest the 40% in bonds. You want it to grow at a reasonable but safe rate, the way a lifestrategy fund would aim for. The large stake in Apple is essentially a massive speculative move with what you might call "play mo...
by Aptenodytes
Sun May 24, 2015 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Allocation with large holding in single stock
Replies: 34
Views: 2630

Re: Allocation with large holding in single stock

As prudent points out, the answer depends on their overall financial situation. 1) If this portfolio is to provide the bulk of their retirement income, and the 40% is not enough to provide for them comfortably, then I would think about a string of annuities -- perhaps a third now, a third in 5 years...
by Aptenodytes
Thu May 21, 2015 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Question about Mortgage "hacks" in payment
Replies: 4
Views: 874

Re: Question about Mortgage "hacks" in payment

If you pay off a loan faster your interest payments are reduced.

If you extend the term your interest rate goes up.
by Aptenodytes
Tue May 19, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: Benchmarking - Do you and what is your reference?
Replies: 13
Views: 847

Re: Benchmarking - Do you and what is your reference?

For a passive index-fund investor, the only rationale I can see for benchmarking is the one Livesoft articulates, to see if any departures from the pure passive approach are helpful or hurtful. However, for this rationale to be worth acting on, the signal generated has to be strong enough to trigger...
by Aptenodytes
Tue May 19, 2015 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Brokerage Account Guidance for Young Family
Replies: 10
Views: 886

Re: HSA Brokerage Account Guidance for Young Family

The conventional wisdom is to invest all the HSA, not just what's left over after health care expenses, if you can afford it. My rule of thumb is use HSA debit card for charges under $50 but pay rest of of pocket. I've heard this from many and agree that would be the ideal situation. Unfortunately ...
by Aptenodytes
Mon May 18, 2015 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Brokerage Account Guidance for Young Family
Replies: 10
Views: 886

Re: HSA Brokerage Account Guidance for Young Family

I transfer when I feel like it, not necessarily once a year. It isn't a major hassle, but I wait until the balance is about $10,000. Maybe I'm just lazy. The conventional wisdom is to invest all the HSA, not just what's left over after health care expenses, if you can afford it. My rule of thumb is ...
by Aptenodytes
Sun May 17, 2015 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Daughter & Husband portfolio rebalance
Replies: 15
Views: 1812

Re: Daughter & Husband portfolio rebalance

Although it is a good impulse to try to follow the guidelines on how to post all your relevant information, it is even more important to work out what your question is, and state it right at the top so readers know what you are looking for.
by Aptenodytes
Sun May 17, 2015 7:10 am
Forum: Personal Consumer Issues
Topic: How do I get best deal on trade in?
Replies: 14
Views: 1691

Re: How do I get best deal on trade in?

I think the only compelling rationale for selling a used car to a new car dealer as a trade-in was convenience. But nowadays there are other easy ways to sell a used car conveniently, so it would be rare that a new-car dealer would come out ahead on both price and convenience. The only reliable way ...

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