Search found 1170 matches

Return to advanced search

Re: Help with Investments and Deductibles

My taxable interest income ($43) is interest off my savings bank account ... how do people make $1000 in this category? I'll just use this example. To earn $1000 in interest on a typical bank savings account they'd have $1 million or more sitting uninvested. Does that sound smart to you? Relax. As ...
by BolderBoy
Tue Mar 31, 2015 11:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with Investments and Deductibles
Replies: 5
Views: 341

Re: Does it suck to be stuck in a SEP IRA employee plan?

Yes, but I still can't get past the 5,500 limit each year. Sure it's great to receive an extra bonus of 5100 each year from my employer in a SEP IRA, but I'd still prefer being able to contribute more than 5,500 in a tax deferred account so that the growth of my investments get taxed later instead ...
by BolderBoy
Tue Mar 31, 2015 11:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does it [stink] to be stuck in a SEP IRA employee plan?
Replies: 8
Views: 764

Re: Fees/cost question.

We don't know much about your situation, but in general even a poor retirement plan in terms of costs is better than no retirement plan - in general; there is a point of diminishing returns. Are you planning to contribute more to the 457 than you could to an IRA, for example? In your case it may be ...
by BolderBoy
Tue Mar 31, 2015 11:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fees/cost question.
Replies: 3
Views: 389

Re: Newbie planner with windfall and no real portfolio: help

Welcome. I think you are doing pretty well so far from what it sounds and it is only the windfall that has you bamboozled. And in your case you've given us the clues to what you ought to do. 1. Do you have a cash emergency fund already? Figure out 12 months of expenses, subtract that amount from you...
by BolderBoy
Sun Mar 29, 2015 10:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie planner with windfall and no real portfolio: help!
Replies: 35
Views: 2255

Re: Son graduating college-what to do?

Dazed wrote:Specific financial advice or just plain philoposhical thoughts regarding this transtional stage from college student to working professional would be most appreciated.

First, what was his major in college?
by BolderBoy
Fri Mar 27, 2015 10:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Son graduating college-what to do?
Replies: 39
Views: 3219

Re: A Vanguard transfer issue... Thoughts?

VG acknowledged that they listened to the call and management found they did offer incorrect advice. They followed up, acknowledged their error, and made it right. This really solidified my decision to move to Vanguard was correct. I'm impressed to. Didn't actually think anyone listens to those, &q...
by BolderBoy
Thu Mar 26, 2015 10:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: A Vanguard transfer issue... Thoughts?
Replies: 12
Views: 967

Re: COMPLETELY new early twenty something needs help1

I get my check direct deposited onto a prepaid visa card. i usually cash the entire thing because the card charges me a fifty cent fee for every transaction. As for debt goes, here is a copy of my credit report: VantageScore Credit Score 407 Okay, you are motivated - that is the most important step...
by BolderBoy
Thu Mar 26, 2015 10:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Completely new early twenty something needs help!
Replies: 37
Views: 2033

Re: COMPLETELY new early twenty something needs help1

I currently work 25-35 hours a week at a job that pays me $10.50 an hour and pays me every other week. (I feel like my even being in this forum is laughable) I can't open a bank account anywhere. My credit score is nonexistent. I have no idea how to save or invest. Thanks for any and all help! Welc...
by BolderBoy
Thu Mar 26, 2015 4:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Completely new early twenty something needs help!
Replies: 37
Views: 2033

Re: A Vanguard transfer issue... Thoughts?

Sorry, VG makes no guarantees about such attempted transfers. They try to do it as a courtesy and could as easily require you to liquidate your holdings into cash (the preferred method, BTW) before accepting transfers. You could always transfer your stuff back to Ameriprise (I'm kidding - you are wi...
by BolderBoy
Thu Mar 26, 2015 3:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: A Vanguard transfer issue... Thoughts?
Replies: 12
Views: 967

Re: Thoughts on new bond fund

My current bond allocation (20% of the 401K) is in the PIMCO Total Return Institutional (PTTRX) and we are getting the Vanguard Total Bond Market Index Admiral (VBTLX) . Do you think I should keep the PIMCO or make the switch to Vanguard (or have both in some sort of percentage)? Switch to the VG f...
by BolderBoy
Wed Mar 25, 2015 8:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: Thoughts on new bond fund
Replies: 3
Views: 552

Re: Munis for Diversification?

Isn't the purpose of diversification to reduce risk? I've been brooding about this question you asked for a couple of hours and don't profess to know "the answer" but I've been looking at it a bit differently since becoming a BH. For me, it is AA that is used to "control" risk a...
by BolderBoy
Mon Mar 23, 2015 8:22 pm
 
Forum: Investing - Theory, News & General
Topic: Munis for Diversification?
Replies: 14
Views: 1327

Re: Should we roll our tIRAs into our Roth?

As LadyGeek suggests, the decision is generally related to guestimating your marginal tax rate in retirement and when taking SS. Since we know so little about you, her suggestion is as good as it gets for now.
by BolderBoy
Mon Mar 23, 2015 7:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should we roll our tIRAs into our Roth?
Replies: 3
Views: 372

Re: Solo 401k and complexity

but Taylor Larimore's recent post on simplicity has us wondering if we are adding too much complexity to our finances. The retirement plan is just a container. Taylor's simplicity advice relates to what you buy inside the containers. Having multiple containers is fine (frequently necessary) - tIRA,...
by BolderBoy
Mon Mar 23, 2015 7:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Solo 401k and complexity
Replies: 9
Views: 671

Re: Better place to keep money than savings account?

Welcome to the forum! If you plan on spending the money in the next 1-2 years and you don't want to lose any of it, then a savings account is about as good as it gets. You will lose a little to inflation every year. I hope to find a house soon, but I've been saying that for years. Agree with my fel...
by BolderBoy
Mon Mar 23, 2015 7:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Better place to keep money than savings account?
Replies: 20
Views: 3201

Re: [IRS Form] 8606

I have been retired for a number of years. When I worked, I contributed to a hybrid savings plan: 401k (with a company match) plus a savings plan (post tax). The company got permission from the IRS to allow a Roth-401k in-plan conversion. I can now move money from this "mixed savings plan"...
by BolderBoy
Mon Mar 23, 2015 11:25 am
 
Forum: Personal Finance (Not Investing)
Topic: [IRS Form] 8606
Replies: 4
Views: 465

Re: Vanguard Problems

Vanguard products are great, their customers service reminds me of Walmart. The way I have dealt with this is by increasingly using Fidelity. When I was looking to open a Solo 401K there was a stark difference between the two. To be honest I felt like Vanguard didn't care if they got my business or...
by BolderBoy
Mon Mar 23, 2015 11:15 am
 
Forum: Personal Finance (Not Investing)
Topic: Vanguard Problems [Account transactions]
Replies: 22
Views: 3121

Re: Legal for Doctor to Cover Insurance Co-pay?

When I hear patients remark that if they return to Cancer Gone Clinics of America, that the clinic is willing to pay their air flight and accommodations for the exact same treatment that they can get in this multi-million person city, I do get a little perturbed, especially when I know the patient ...
by BolderBoy
Mon Mar 23, 2015 11:08 am
 
Forum: Personal Finance (Not Investing)
Topic: Legal for Doctor to Cover Insurance Co-pay?
Replies: 40
Views: 2917

Re: External Hard Drive?

One last tip - Be a bit cautious of the 'many hard drive' redundancy approach. It's very easy to rapidly accumulate HDs by doing this. Problem is the disposal of HD part. You have to physically destroy them or use a trusted deep wipe program to ensure security. Both of these can be annoyingly time ...
by BolderBoy
Mon Mar 23, 2015 10:55 am
 
Forum: Personal Consumer Issues
Topic: External Hard Drive?
Replies: 44
Views: 2326

Re: External Hard Drive?

Since we are telling how we do "it"... Just FYI - I bought some drive docks <http://www.newegg.com/Product/Product.aspx?Item=N82E16817801120>, USB3 and a cinch to use. Will accept most any 3.5 or 2.5 inch bare SATA drive, just slip it into the dock, press the power button and let your OS r...
by BolderBoy
Sun Mar 22, 2015 11:39 pm
 
Forum: Personal Consumer Issues
Topic: External Hard Drive?
Replies: 44
Views: 2326

Re: External Hard Drive?

RMO87 wrote:Thanks for the great responses everyone! I'm leaning toward a 1 TB WD Elements or 1 TB Seagate Backup Plus Slim, both around $60.00. Both look to have good reviews; just flip a coin?

Personal bias here (I have hundreds of drives on site) - go with the WD.
by BolderBoy
Sun Mar 22, 2015 11:23 pm
 
Forum: Personal Consumer Issues
Topic: External Hard Drive?
Replies: 44
Views: 2326

Re: Mysterious Vanguard Security Code

Just FYI - If you use a password manager, VG's site allows for usernames that are random sequences of letters and numbers - something that a password generator can generate. With a randomly generated, long username and a randomly generated, long password the chances of someone accidentally logging i...
by BolderBoy
Sun Mar 22, 2015 10:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mysterious Vanguard Security Code
Replies: 18
Views: 1773

Re: Legal for Doctor to Cover Insurance Co-pay?

I'll be interested in the responses as our dentist does this as a matter of course to get us to do things (resins, etc.) that we probably wouldn't do otherwise. A fairly written piece is at http://www.medicalbillingstudycourse.com/tips/truth-about-waiving-copays/ In many states it is fraud. It is a...
by BolderBoy
Sun Mar 22, 2015 10:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Legal for Doctor to Cover Insurance Co-pay?
Replies: 40
Views: 2917

Re: Convince a Newly Converted Boglehead to sell AAPL shares

My current thoughts are to sell 500 shares of AAPL (all with tax at CG rate only) and hold the other 500 to get past the 1 year point to avoid the marginal tax rate. Is this a reasonable approach? I'd for sure wait until you hit the 366 day point before selling any of it. As another poster suggeste...
by BolderBoy
Sun Mar 22, 2015 9:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Convince a Newly Converted Boglehead to sell AAPL shares
Replies: 20
Views: 1953

Re: Dilemma re: taxable account

Thank you all so much for your thoughtful replies, and forgive me for my lack of clarity. Hopefully the following information will help. First, I misspoke when I said the Vanguard advisor "had me " in bonds in my IRA. I spoke on the phone with a Vanguard tax advisor twice and that was his...
by BolderBoy
Sun Mar 22, 2015 9:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Dilemma re: taxable account
Replies: 18
Views: 1663

Re: Municiple Fund as Emergency

With interest rates so low does anyone use the Vanguard Intermediate-Term Tax-Exempt Fund as their emergency fund? Historically are there that big of fluctuations that it would be a problem I needed the money for an emergency? You can go to the Vanguard site and do a "price history" searc...
by BolderBoy
Sun Mar 22, 2015 9:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Municiple Fund as Emergency
Replies: 8
Views: 987

Re: Costco optical

No problems here and plan to continue using them going forward.
by BolderBoy
Wed Mar 18, 2015 8:21 pm
 
Forum: Personal Consumer Issues
Topic: Costco optical
Replies: 30
Views: 3211

Re: Observations from a first time poster, long time reader.

I completely agree about some people needing finciancial advisers. For instance the guy that posts that he has 750k in cash and CD's, nothing in retirement, then stubbornly refuses the advice he gets. A fool and his money... The FA industry is anything but transparent. I would say that so long as t...
by BolderBoy
Wed Mar 18, 2015 8:01 pm
 
Forum: Investing - Theory, News & General
Topic: [New Member Observations- Covered Calls, Financial Advisors]
Replies: 227
Views: 16415

Re: Observations from a first time poster, long time reader.

Commissions have come down nicely since the 90's! The bigger your account, the less boring this vanilla strategy becomes. This year I expect to take in $63,500 from covered calls and dividends on a portfolio of ~$1.3mn. About half of that is from covered calls. Plugging that $1.3m into a plain old ...
by BolderBoy
Tue Mar 17, 2015 11:30 pm
 
Forum: Investing - Theory, News & General
Topic: [New Member Observations- Covered Calls, Financial Advisors]
Replies: 227
Views: 16415

Re: Is There a Next Jack Bogle

denovo wrote:Here is the son's flagship fund, ticker is BOGLX.

http://boglefunds.com/mutualfund

I read the "About Us" on the website. Doesn't sound like it embraces Jack Bogle's philosophy at all, in any way.
by BolderBoy
Tue Mar 17, 2015 11:20 pm
 
Forum: Investing - Theory, News & General
Topic: Is There a Next Jack Bogle
Replies: 37
Views: 3853

Re: Vanguard - The New Bond King - WSJ

One comment about the article on one website was (paraphrased), '$140 billion? No thanks, in the MF industry "morbidly obese" funds tend to develop health problems.' ROFL - obviously doesn't understand the concept of the "index fund".
by BolderBoy
Tue Mar 17, 2015 11:12 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard - The New Bond King - WSJ
Replies: 27
Views: 4301

Re: 23 year old investing advice after large settlement (500

All you really need is Vanguard's Total Stock Market, Total International, and, since it will be in a taxable account, a tax-free bond fund. You should decide what % bonds you want (anything from 20-50% might be advised). With the relatively little we know about you, I'd agree with this. Tough to g...
by BolderBoy
Tue Mar 17, 2015 10:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: 23 year old investing advice after large settlement (500k)
Replies: 10
Views: 1841

Re: How Much To Negotiate Realtor Commission

rob wrote:
Dutch wrote:Real estate commission as a percentage of sale price is long overdue for reform imo

Completely agree.... but with the near monopoly it's going to be a tough one to crack.....

Every successful FSBO chips away at it.
by BolderBoy
Tue Mar 17, 2015 10:28 am
 
Forum: Personal Finance (Not Investing)
Topic: How Much To Negotiate Realtor Commission
Replies: 31
Views: 2729

Re: Five most important things to be a successful investor?

Asset Allocation
Diversification
Cost Control
LBYM
Ignore Noise
by BolderBoy
Tue Mar 17, 2015 10:03 am
 
Forum: Investing - Theory, News & General
Topic: Five most important things to be a successful investor?
Replies: 31
Views: 3190

Re: keep advisor or do it myself

What really brought this to a head was when I talked to him about reducing his fee and he said that it has been proven that an advisor using DFA funds can provide us, over time, net of fees, an additional 1 - 1.5% portfolio growth. Then tell him you want that GUARANTEE in writing, signed by him (an...
by BolderBoy
Sun Mar 15, 2015 10:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: keep advisor or do it myself
Replies: 28
Views: 2198

Re: when did/would you terminate disability insurance?

Valuethinker wrote:Disability is probably the most underinsured risk in the modern world. None of us thinks it's going to happen to us.

+100. Couldn't agree more.
by BolderBoy
Sun Mar 15, 2015 7:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: when did/would you terminate disability insurance?
Replies: 35
Views: 2671

Re: costco gas and amex cards

I use the Costco branded-Amex card and they do pay the 3% back on gas purchases at Costco stations for that.
by BolderBoy
Sun Mar 15, 2015 7:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: costco gas and amex cards
Replies: 4
Views: 740

Re: Is losing 0.02% to increased fees an enhancement?

That means the expense ratio for those two will rise 0.02%. Not a lot, but still annoying. I don't know if investors can take any action. Probably a trivial change. Here is a place to see what effect it has over the long term: <http://www.calcxml.com/calculators/inv12?skn=> Besides, is there anythi...
by BolderBoy
Thu Mar 12, 2015 11:13 pm
 
Forum: Investing - Theory, News & General
Topic: Is losing 0.02% to increased fees an enhancement?
Replies: 4
Views: 637

Re: How to create a 3% return portfolio?

I realized that I may have been approaching my portfolio backwards... since I have a very targeted goal. I am now retired and all I need is a 3 to 4 percent return to live comfortably for the rest of my life. I have no desire to take any more risks for a higher return (even with inflation). I must ...
by BolderBoy
Wed Mar 11, 2015 9:37 am
 
Forum: Investing - Help with Personal Investments
Topic: How to create a 3% return portfolio?
Replies: 52
Views: 5480

Re: non-compete question

Employee shall not, directly or indirectly, anywhere in the world , where the Company conducts or has a legitimate business interest…." Talking with an attorney is a good idea. I'm not one. But one of the basics in contract law is that the terms of the contract cannot be "unconscionable&q...
by BolderBoy
Tue Mar 10, 2015 6:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: non-compete question
Replies: 23
Views: 2082

Re: Driveway Replacement Cost

For example, if an asphalt driveway costs $10k, how much would gravel be, what about concrete or pavers? New, concrete driveway here in 2012. About 25' x 40'. Was $4250. He measured it out to the inch and said there was no fancy financial footwork, it was X amount per foot. Price included destructi...
by BolderBoy
Sat Mar 07, 2015 11:16 pm
 
Forum: Personal Consumer Issues
Topic: Driveway Replacement Cost
Replies: 36
Views: 2686

Re: 2015 BOGLEHEADS CONFERENCE ANNOUNCEMENT

First time for me last year - zero regrets and I *drove* from Colorado. Going to skip this year so that a noob can have my would-be spot. Civic duty done, planning to attend again 2016. I wouldn't say that the conference is "geared" toward anyone in particular. The hosts take extra care of...
by BolderBoy
Fri Mar 06, 2015 11:53 am
 
Forum: Investing - Theory, News & General
Topic: 2015 BOGLEHEADS CONFERENCE ANNOUNCEMENT
Replies: 68
Views: 8629

Re: not sure about my adviser

mix (all mutual funds): 50% equities, 14% asset allocation, 3% real estate, 33% bonds This is unclear to me. I like to think of my "asset allocation" being "stocks/bond" (or their equivalent mutual funds or ETFs.) So you say you have 50% equities and 3% real estate but most folk...
by BolderBoy
Thu Mar 05, 2015 4:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: not sure about my adviser
Replies: 68
Views: 5561

Re: New to investing and the board

Welcome. Your emergency fund may be a bit light - you want 6-12 months of expenses there. Max out your retirement plans first. Using the traditional side of the 401k may make the most tax-sense for now. Maxing out is the most important. Start a retirement plan for your wife's self-employed business....
by BolderBoy
Thu Mar 05, 2015 4:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to investing and the board
Replies: 2
Views: 202

Re: Nearing retirement and need the voice of experience

1. How would others structure a million dollar portfolio given a two year horizon to retirement? I honestly don't know; it has only been three months that my portfolio has had any bonds at all, and frankly it feels kind of weird (is that called portfolio stability?) I think you've done pretty well,...
by BolderBoy
Thu Mar 05, 2015 4:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Nearing retirement and need the voice of experience
Replies: 7
Views: 1602

Re: Selling multi-family - Push to Waive Inspection?

ResearchMed wrote:"As is" suggests, to me anyway, that there are indeed known problems or very likely to be some.

Hmmmm. Doesn't suggest that to me. Merely suggests that there will be no repairs paid for by the seller - buy it "as is" and fix it up at your cost or walk away.
by BolderBoy
Mon Mar 02, 2015 12:08 am
 
Forum: Personal Consumer Issues
Topic: Selling multi-family - Push to Waive Inspection?
Replies: 23
Views: 1233

Re: Wife doesn't want to retire - I do

Neighbors - husband/wife. He retired at age 50. She continued to work for the state for the next 16 years. Never heard a mumble about it. But he has worked around the house and yard A LOT. I think he made it clear to her that they were set for retirement if she wanted to as well - no pressure to wo...
by BolderBoy
Sun Mar 01, 2015 11:56 pm
 
Forum: Personal Consumer Issues
Topic: Wife doesn't want to retire - I do
Replies: 65
Views: 6139

Re: Wife doesn't want to retire - I do

Neighbors - husband/wife. He retired at age 50. She continued to work for the state for the next 16 years. Never heard a mumble about it. But he has worked around the house and yard A LOT. I think he made it clear to her that they were set for retirement if she wanted to as well - no pressure to wor...
by BolderBoy
Sun Mar 01, 2015 11:35 pm
 
Forum: Personal Consumer Issues
Topic: Wife doesn't want to retire - I do
Replies: 65
Views: 6139

Re: Newbie: 3 fund portfolio

You need to hit the wiki and spend some time reading. It will likely answer your lead question.
by BolderBoy
Sun Mar 01, 2015 11:56 am
 
Forum: Investing - Help with Personal Investments
Topic: Newbie: 3 fund portfolio
Replies: 6
Views: 333

Re: Guns for hunting/defense

Quick summary on the home defense question, if I may.

I can't tell if any particular weapon is better than another for home defense - some say a handgun, some a shotgun and others a rifle. Can there be consensus on this?
by BolderBoy
Tue Feb 24, 2015 11:58 pm
 
Forum: Personal Consumer Issues
Topic: Guns for hunting/defense
Replies: 134
Views: 8167

Re: Netflix DVD delivery slowdown?

Anyone remember when Netflix would regularly send you an email asking if you've received such-and-such DVD yet? And on which day it arrived? Along with some nice warm, fuzzy BS about wanting to keep the service up? I haven't seen such an email in a long time (>6 months). Anyone else? My money says t...
by BolderBoy
Tue Feb 24, 2015 8:02 pm
 
Forum: Personal Consumer Issues
Topic: Netflix DVD delivery slowdown?
Replies: 99
Views: 15249
Next

Return to advanced search