Bogleheads.org

You know the standard advice if you do win - Tell no one!!! Is it possible to remain anonymous? Has anyone actually done that? Does using a trust really work? Yes, in the past there have been lawyers who showed up to claim the tickets for their clients and successfully claimed that attorney-client ...

You know the standard advice if you do win - Tell no one!!! Obtain legal counsel, set up a trust, have the trust claim the ticket. Purchase super high limits on personal umbrella. Be sure to share your largesse with charities that have low overhead including the John C. Bogle Financial Literacy Pro...

You will pay the rate negotiated by your insurer. You should not pay the bill until you get the EOB from your insurer. That will confirm you are paying the correct amount. Depending on how the hospital is setup, you may get multiple bills--the hospital and the doctors often bill separately. Let me ...

I'm sorry for the poor question...nerves. What I was trying to get at is....Would it be better to sell all shares all at once or slowly over time? Also, since I'm in lower tax bracket, would a Target Retirement or LifeStrategy Fund be OK in this taxable account, since I like the automatic rebalanci...

red5 wrote:Does everything sound like it went as it should? I paid taxes on the pre-tax match dollars for my 2012 taxes.

Though it sounds a little untidy in the way it was done, it sounds like Uncle Sam got his due and all is well.

gerrym51 wrote:http://news.morningstar.com/articlenet/SubmissionsArticle.aspx?submissionid=169955.xml

could somebody who is knowledable about finance look at this and explain what he's saying

The same thing this guy is saying:

<http://www.youtube.com/watch?v=RXJKdh1KZ0w>

Right, but see my just prior post for how that can get complicated. I think the OP already understands that he needs to buy and sell amounts that are easy to calculate but was more interested in the mechanics. ... and look how evermore complex it gets by adding only ONE more fund to your group. :sh...

Pardon my impertinence, but so far not a single response has actually answered the OP's question. I'd like the answer as well, as I don't want to figure it out on my own. Let's keep it simple. When I log into my VG account, off to the right are two pie charts showing my equities, bonds and cash. If ...

If your neighbor in Colorado was pulling down that kind of coin, I hope he had the ability to save a decent chunk of it. COL in colorado should have allowed him to live like a king on much less than in NYC for instance. Yes, that's the problem with folks who retire early on their own terms, they th...

PLUS social security will hopefully kick in in 20 years. There is a Catch-22 to SS. It is based on the "highest 35 years of earnings". Any years in that 35 where you don't work, the number is zero...and is factored in. One of my neighbors who was a $250k/yr executive when he retired compl...

We are terribly afraid to lose money in the stock market but realize the importance of investing. I'm afraid I will be laughed at for my ultra conservative attitude at such a young age for us. Age minus Bonds would be 72/28 split right now, which absolutely terrifies me. Tax Filing Status: We each ...

I would make sure you have documented any damage prior to moving in-including countertops, floors walls, etc. Take dated pictures, put copies with your lease and notify your landlord. In college towns they pretty much keep the damage deposit as a matter of principal, it didn't matter if you left th...

1210sda wrote:Happy Birthday, indeed. (May 8, 1929). Thanks for all you've done.

Hope I'm even half that lucid when I turn 84.

Happy birthday, indeed. And I completely agree that he is uniquely bright for his age.

Do you have a central fan that you run? We recently released that the fan uses TONS of electricity and was giving us a very high bill. Adding heat or air conditioner to the fan was only incrementally more than the fan itself. What do you mean by "central fan"? Is that a "whole house ...

1998 $1300 1999 $4656 2000 $4888 2001 $5216 2002 $13861 2003 $15298 2004 $18305 2005 $23258 2006 $26469 2007 $19205 2008 $11875 2009 $14604 2010 $20627 2011 $26431 2012 $29326 Total contributions = $241,658 Current balance = $405,252 Is this a decent return or is there something fishy in Denmark? W...

$0. My wife thinks engagement rings are a heteronormative paternalistic anachronism. You have to admire the business savvy of De Beers for starting the tradition though! Amen to that sentiment. Even Japanese girls in the 1950s began expecting an engagement ring when it was an unheard of custom befo...

As of now, I am living in Europe and I have both US and EU bank accounts, so which do you think is better to link with my broker account? And do I have to report US taxes even though I am not gonna be there for the next couple of years (I am a US citizen btw)? The USA is one of the countries that t...

Here is a recent legal article about filial support laws:

https://papers.ssrn.com/sol3/papers.cfm ... id=2079753

The thing to understand about 1.4% is that it's not once, it's over and over again, year after year, every year. The math depends heavily on what assumptions you make about investment return, but just to get the roughest of idea... suppose you were earning 8.4% on your portfolio every year. That's ...

d) the adult child has been estranged from the parent for decades and isn't even aware the parent is in a facility (and it doesn't even matter if there was a very valid reason for the estrangement due to behavior of the parent). I worry slightly about this situation, myself. My parents are spendthr...

I previously made an off-hand comment about this but am now wondering... If mom is a deadbeat and lives in a state WITH filial support laws and I live in a state across the country WITHOUT filial support laws, is there anything mom's state can do to me? Doubtful. That's the exact scenario in the st...

I previously made an off-hand comment about this but am now wondering... If mom is a deadbeat and lives in a state WITH filial support laws and I live in a state across the country WITHOUT filial support laws, is there anything mom's state can do to me? Doubtful. That's the exact scenario in the st...

If I'm reading the results correctly, the ending balance difference between rebalancing and not, using the portfolio he constructed, was trivial. On the order of 0.1% over 25 years. But if I'm understanding the thrust of the article, the purpose of rebalancing is not to result in higher returns, rig...

Have him provide for you the EXACT 6 investments in which he would put you,so you can look them up for yourself. And post them here, too. I spent a while digging through the Envestnet website and couldn't find *any* investment vehicles but a LOT of hype, hype, hype. Nisiprius is right - follow his a...

I previously made an off-hand comment about this but am now wondering...

If mom is a deadbeat and lives in a state WITH filial support laws and I live in a state across the country WITHOUT filial support laws, is there anything mom's state can do to me?

Doubtful.

Calm Man wrote:Mine is minus about 10% per year for the last 5 years. Got rid of the second wife.

[OT comments removed by admin LadyGeek]

(sorry, I had to)

Calm Man wrote:But how in the heck can a person get 44K a year in social security? I think the max is about 2500 per month.

The annual statements I get from SS show that if I wait until age 70 to start taking, my monthly will be $3200ish.

Not possible?

VA is not "market timing" in the traditional sense. There is a specific formula for projecting the VA path, and you basically top up or withdraw from your portfolio based on your current portfolio value relative to the VA path. There is a plan, and one sticks to it, just like DCA with reb...

Basically it's a combination of selling off shares when they are high and then buying a lot of shares when they are low. I don't believe this method is trying to "time" the market so to speak, but I'm also not really sure. To the more seasoned investors I ask, what do you think is better?...

However, I'm also very interested in the process that occurs after you have identified a serious buyer. Did you hire an attorney to do the AGREEMENT OF SALE or just down load something from the internet and fill it out yourself? After the agreement of sale was signed, I believe a TITLE COMPANY can ...

I use a fairly long, randomly generated, complex password at work. They still make us switch it every two months or so. So, I simply added a "1" to the end of the password. When I had to change the password, I simply changed the "1" to a "2," and later to a "3,&qu...

Raymond wrote:Absence does not necessarily make the heart grow fonder.

"Out of sight, out of mind."

It is certainly possible I got the wrong kind of adviser, and could have saved money by having someone just advise me on which things to buy for a passive portfolio (actually, I am not sure if it would have cost more or less). I asked my adviser if there was a termination fee and he said no. If he ...

Thanks for the quick response and the advice. DCA is exactly how the money got invested in the 1st place! I forgot about that. I like to use the following funds in my IRA: VOO (sp500 index etf) VO. (mid cap index) VB. (small cap index) VEU (large cap international) VSS. (small cap international) VN...

livesoft wrote:Once I realized that I will always lose money in the stock market, I have had no problems investing in the stock market.

Those of us who know you, know what you mean.

But to someone casting about for a lifeline, such a declaration makes no sense.

Boonedog wrote:I guess I was expecting a bit more, but then again I am a strategic investor versus a 3 or 4 fund kinda guy!

What is "a strategic investor"? Sniff Sniff...

I've done two - buying and selling. Both went just fine. Sold to an attorney who hired his brother (a real estate lawyer) to handle his half of it, though I wrote up the contract (based on a previous, realtor-ripoff contract I had). He wanted an unusual payment arrangement, but it worked out fine (&...

So is there any way for a hardworking boglehead to protect themselves and their children's future education money from "filial support laws" if you have out of control irresponsible "adult children" parents? Live in a different state? I seem to remember some state trying to sue ...

Petroleum is the way to go nowadays. And 20 years from now? I'm not in the physical sciences, but like to read about physics in particular. I was reading the other day that a huge step forward in fusion tech is likely in the next 10 years with fusion power reactors "likely" 20 years from ...

It may have been how you answered Vanguard's questionaire on risk tolerance. When I had my last Vanguard CFP analysis several years ago, I told them I wanted to be 60/40 and they complied. Now we have moved to 35/65. If I were to have another CFP consult, I would tell them that 35/65 was my desire....

I see my libraries have a 2006 edition and a "2nd Edition" from 2010. Any substantial difference?

May I summarize a bit? You are the beneficiary of two accounts, neither of which you can control but might get some say as to the investments therein, IF your father and his FA agree with your desires. You are living at home, but will soon marry and be living with your spouse apart from your parents...

I don't think you understand what "living paycheck to paycheck" means. Momar - I guess I mean we feel like we are always in a pinch. Which I agree is crazy given what we save... hopefully that makes sense! Not sure it does even in my head. This is a self-imposed pinch and is GOOD by defin...

You are an annuity just waiting to be tapped by a plaintiff's lawyer (that is how they view you). Don't overlook the insurances you need. Get a good disability policy (ain't cheap); one that is specific to your OWN OCCUPATION for as much replacement income as you can stand. Make sure your auto liabi...

Not going to be easy (ie, a bit painful), but my best thought at this time is "cut to the bone" - move toward living WAY below your means, keep up the retirement plan contributions (max them out if you can) and direct left over funds mostly to hammering away at the debt. Attack the highest...

You don't mention your current incomes or what state you live in. Your biggest positive is your ages - have some time to straighten this out. I'd hate to see you undo any of your retirement accounts as that money will be gone forever. When the HELOC "converts" does that mean the interest w...

Back to the topic, not grammar, I'm not sure about the advice to use up the loss carry forward either. I thought the general opinion is to keep it and not use it any sooner than you have to. In another thread, someone pointed out that you cannot "keep it and not use it any sooner than you have...

Thanks! It looks like Page Plus has more/better/cheaper options than Verizon. I've been using PP for several years. Just want a cell phone for OUTGOING calls, so it is rarely "on". Be SURE to renew your days before the expiration or you lose your accumulated minutes. $30/year... PP capabl...

I've always found commentary such as this: "A good planner may also want to investigate the $115,516 tax-loss carry-forward in Schedule D. While this could have come from many sources, these typically come when investors buy at the top of the market and then panic and sell after the plunge. But...

Hmmmm. How about buying some gemstones as an "investment"? Value on that day = $7000.00, make an official appraisal part of the deal. Stick 'em (and the appraisal) into a safe deposit box for at least a year plus a day. Make sure to make notes about your intention to INVEST in precious sto...