Search found 174 matches

by SkierMom
Fri Jul 24, 2015 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Performance review for Boss!
Replies: 20
Views: 2218

Re: Performance review for Boss!

As part of his "review" I would state, in writing, that the review structure is inherently faulty and that you do not wish to take part in further such reviews. You might also want to look at the fact that you chose to work for a company with an idiotic policy. I'm guessing this isn't the...
by SkierMom
Thu Jul 23, 2015 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Performance review for Boss!
Replies: 20
Views: 2218

Re: Performance review for Boss!

As part of his "review" I would state, in writing, that the review structure is inherently faulty and that you do not wish to take part in further such reviews. You might also want to look at the fact that you chose to work for a company with an idiotic policy. I'm guessing this isn't the ...
by SkierMom
Wed Jul 22, 2015 5:22 pm
Forum: Personal Consumer Issues
Topic: Best Place to live for a young family?
Replies: 42
Views: 4320

Re: Best Place to live for a young family?

How about the 2015 list of the Best Towns in California to raise a family?

https://local.niche.com/rankings/towns/best-places-for-families/s/california/
by SkierMom
Wed Jul 22, 2015 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Family budget advice
Replies: 14
Views: 1840

Re: Family budget advice

We used the Dependent Care Deduction (maxed out at $5,000/yr or $416/month) for six years without an adjustment to our withholding, and found that we didn't need to. I would recommend that you maximize it, however. Your daycare costs will exceed $5,000 even with your wife working only 2 days a week ...
by SkierMom
Fri Jun 26, 2015 6:44 pm
Forum: Personal Consumer Issues
Topic: Grade 6, Writing, Resources.
Replies: 10
Views: 837

Re: Grade 6, Writing, Resources.

With my kids I found their grades to be highly variable from teacher to teacher in K-5. I decided not to worry about it since their comprehensive state grade testing scores reflected average-to above average subject knowledge. The truth is, grades are highly subjective at that level. Sometimes the m...
by SkierMom
Wed Jun 24, 2015 2:23 pm
Forum: Personal Consumer Issues
Topic: Optimize trip to China
Replies: 24
Views: 2529

Re: Optimize trip to China

Would recommend Tibet, but perhaps this is another trip you take later. Staying in China proper, look at Dali or Lijiang as a substitute for Llasa. Lijiang, a city in the northwest part of China's Yunnan province, is home to the Naxi (a matriarchal-based society where you will see woman laying brick...
by SkierMom
Wed Jun 24, 2015 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Power of attorney
Replies: 59
Views: 5248

Re: Power of attorney

RE: POA Between Spouses You never know when this will come in handy. Otherwise very healthy 40-something Husband had a bad motorcycle wreck and was incapacitated in nearest city hospital. Per California Law, I was unable to claim his motorcycle carcass from the tow company since my name was not on t...
by SkierMom
Wed Jun 24, 2015 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: 457 Plan: Which provider?
Replies: 8
Views: 937

Re: 457 Plan: Which provider?

I do not believe you can rollover an IRA into a 457. The 457 plan has different set of guidelines than an IRA (i.e. you can access funds upon separation of employer without penalty if you are younger than 59 1/2 years.) since the 457 were set up for government employees that may have to access money...
by SkierMom
Fri Jun 19, 2015 11:31 am
Forum: Investing - Theory, News & General
Topic: "An Interview With A Boglehead"
Replies: 18
Views: 2835

Re: "An Interview With A Boglehead"

whatusername - thank you for the CalPERS link! I may be too optimistic, but I think CalPERS is one of the better managed state pensions out there.
by SkierMom
Tue Jun 16, 2015 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Nice Milestone Reached Last Week
Replies: 41
Views: 6976

Re: Nice Milestone Reached Last Week

Yay, Jane!

Wish I was on the track at 28 that you are on now.

Good job, woman.
by SkierMom
Tue Jun 16, 2015 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: House Underwater
Replies: 22
Views: 3209

Re: House Underwater

What are you basing your estimated value ($155,000) of the house on? Seems a little low to me. There should have been more appreciation and recovery in the 9 years since 2006. Consider paying a Realtor to pull comps and do a market analysis for the area, and giving you a professional estimated value...
by SkierMom
Thu Jun 11, 2015 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey
Replies: 53
Views: 9735

Re: Dave Ramsey

Exactly.

I kinda like Clark Howard if I'm in the mood.

He's humble, great financial advice and investing advice, and he makes no endorsements and does not sell anything to his listeners (though I think he does have a book or two).
by SkierMom
Thu Jun 11, 2015 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey
Replies: 53
Views: 9735

Re: Dave Ramsey

He's worth $55M, clearly he must have done something right :greedy Yes; he recommends that his listeners only use his ELP's (which is the local Edward Jones Rep in my town) for investing. His ELPs pay a kickback fee to him for the endorsement and more money for the referral. He makes his money off ...
by SkierMom
Wed Jun 10, 2015 11:49 am
Forum: Personal Consumer Issues
Topic: Rent a bike in SF, ride to LA, and drop it off?
Replies: 23
Views: 1792

Re: Rent a bike in SF, ride to LA, and drop it off?

Raybo: Since my touring days were in my 20's and early 30's, I think I may have forgotten the hassle of traveling with a bike. Breaking it down, packing it, getting on the airlines. Some of my most interesting travel tales involve getting the bike box from the airport late at night into a taxi cab t...
by SkierMom
Wed Jun 10, 2015 11:40 am
Forum: Personal Consumer Issues
Topic: Rent a bike in SF, ride to LA, and drop it off?
Replies: 23
Views: 1792

Re: Rent a bike in SF, ride to LA, and drop it off?

Raybo - I've done some bike touring. I think what you need to key-in & capitalize on are the logistics for bike touring folks. How many different size frames? Will you have tandems? I was looking for a company that rented one-way tandems for a family to ride the Natchez Trace Trailway - NADA. Al...
by SkierMom
Thu Jun 04, 2015 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: DFA Fund help.
Replies: 14
Views: 1772

Re: DFA Fund help.

Artbug: Sorry, I dropped the ball on this post from last month. How did it turn out? Certainly, every company is going to set up their Brokerage Door differently. I did not delve into mine with the depth and details you have offered here, and I say, Good Job! My S&P 500 account at my job is 0.5 ...
by SkierMom
Thu Jun 04, 2015 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Fair Trustee fee
Replies: 16
Views: 1156

Re: Fair Trustee fee

So pretty much the other 2 have signed a few papers and sat back and collected their money. 33% to each. Bit of a bad attitude here. My experience with this is that the Trustee in Charge, you in this case, often gets a little jaded with the amount of work involved liquidating a Trust. My experience...
by SkierMom
Thu Jun 04, 2015 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Quit high paying job to be stay at home parent?
Replies: 44
Views: 5224

Re: Quit high paying job to be stay at home parent?

Looks like you have worked hard to earn the choice of being a SAHM. Go for it!

Nothing is forever. Once the youngest is in Kindergarten, staying home lost its' appeal to me and I went back to work. New job paid almost double what I made pre-kids.
by SkierMom
Thu Jun 04, 2015 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Divorcing over finances.
Replies: 70
Views: 6497

Re: Divorcing over finances.

I'm sensing a need for Boglehead Dating Service. I'm the saver, and the Type A Personality in my marriage. To me, my husband keeps me balanced in his spontaneity, and yes, his impulsiveness with money that usually involve really fun outdoor toys for the family and cool off-the-beaten path vacations ...
by SkierMom
Wed May 27, 2015 4:10 pm
Forum: Investing - Theory, News & General
Topic: Let's hear your Dave Ramsey success stories
Replies: 79
Views: 12865

Re: Let's hear your Dave Ramsey success stories

It's hard for me to do something that seems mathematically dumb even if it will feel good to have it paid off. Most of the arguments for paying off a mortgage revolve around, "It FEELS good." I like listening to Dave Ramsey for the entertainment value - I'm alone in my car on my commute h...
by SkierMom
Tue May 26, 2015 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance as college saving
Replies: 13
Views: 856

Re: Life insurance as college saving

OP: We are also in California. Our local school district is inept at vetting presenters at school-sponsored College Planning Nights. These presenters are thinly-veiled insurance salesman that pitch the "borrow against whole life insurance policy to pay for your kids college" principals. No...
by SkierMom
Tue May 26, 2015 11:13 am
Forum: Personal Consumer Issues
Topic: Still make sense to have AAA membership?
Replies: 74
Views: 6484

Re: Still make sense to have AAA membership?

Nope.

1.) Pay for emergency roadside assistance with my auto insurer, at a 1/3 cost of a AAA annual membership.


2.) (FREE) Google Earth Pro & Google Maps.


3.) Priceline.com for hotel/car rental deals beat out AAA discounts.
by SkierMom
Fri May 22, 2015 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Whole life or term life?
Replies: 35
Views: 3254

Re: Whole life or term life?

This may be a case where permanent life insurance makes sense. He might consider universal life. Another option is to investigate group life insurance options at his employer and understand the age limitations/conditions/underwriting. The fact of the matter is that this guy has huge liabilities tha...
by SkierMom
Thu May 21, 2015 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Whole life or term life?
Replies: 35
Views: 3254

Re: Whole life or term life?

He is wanting to buy whole life. His reason is: if he invests $250 a month for 30 years (when dad turns 85) at 4% annual rate of return after inflation, step mom will only get 175K. If he buys whole life, step mom will get 300K when he dies. No - If your dad is willing to spend $3,000 per year, tak...
by SkierMom
Thu May 21, 2015 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Inherited money and Roth contributions
Replies: 6
Views: 551

Re: Inherited money and Roth contributions

I think you may be confusing the transfer of the inherited grandfather's IRA to your father cannot be directly rolled over into a ROTH IRA for your father. However, the money generated from or taken out of the inherited IRA can certainly be put into Roth IRA for both your Mom and Dad. $13,000 a year...
by SkierMom
Thu May 21, 2015 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: homeowner vacancy insurance - yikes
Replies: 18
Views: 1447

Re: homeowner vacancy insurance - yikes

I asked BHs same question about a year ago here : http://www.bogleheads.org/forum/viewtopic.php?f=2&t=134508 My BIL, who hadn't bothered to confer with other Trustees for over year on any matters, suggested that we call our Homeowner's Insurance to add a rider to our existing policy to cover &qu...
by SkierMom
Wed May 20, 2015 3:46 pm
Forum: Personal Consumer Issues
Topic: How should drivers react to bicycle riders on one lane roads?
Replies: 68
Views: 3442

Re: How should drivers react to bicycle riders on one lane roads?

mr_scaramanga wrote:Is the biker to be treated the same as another car?


Absolutely. The biker is in effect, a slow moving vehicle. Give a lot of space, courtesy and pass when safe.

Also - never honk your car horn at a cyclist. This startles us frugal, two-wheeled folks and endangers us. I hate that.
by SkierMom
Fri May 15, 2015 6:02 pm
Forum: Investing - Theory, News & General
Topic: The striking effects of career sequencing with pension and 401k
Replies: 13
Views: 2047

Re: The striking effects of career sequencing with pension and 401k

There is of course, an option of retiring early and drawing a pension at 50 (say getting 50% of your salary) and concurrently getting a job in private consulting from years 50-65 while drawing your pension. You have the mathematical option of saving 50% of your private consulting salary for 15 years...
by SkierMom
Fri May 15, 2015 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody know of a good no-cost HELOC?
Replies: 10
Views: 996

Re: Anybody know of a good no-cost HELOC?

The Hanscom Credit Union Rates look awesome - but their membership qualifications are highly restricted.
by SkierMom
Thu May 14, 2015 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my FA set up IRA
Replies: 14
Views: 826

Re: Critique my FA set up IRA

Enlightening, DBR. Do you know if the family funds change their fees per advisor, or are they generally cast in stone? For example, if you purchased American Funds through Capital Group or purchased them through Edward Jones? We can just end the discussion, of course, and say you ought not be purcha...
by SkierMom
Thu May 14, 2015 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my FA set up IRA
Replies: 14
Views: 826

Re: Critique my FA set up IRA

So, this FA has been a "family friend" for a while. I want to make sure that I am knowledgeable on this before I approach her. I appreciate your position. A polite, but firm "No Thank You" doesn't necessitate any further justification and likely counter-argument you will get. Let...
by SkierMom
Thu May 14, 2015 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Critique my FA set up IRA
Replies: 14
Views: 826

Re: Critique my FA set up IRA

Critique: 1.) These are all stock funds. You do not mention your acceptable risk level or your age, but unless you are 22 I don't see a need to take on so much risk. Do you know what a balanced portfolio is or what your target Asset Allocation needs to be? Did your FA even mention this? Why do you n...
by SkierMom
Wed May 13, 2015 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity with UBS!!!
Replies: 20
Views: 2160

Re: Annuity with UBS!!!

Why don't you just liquidate and be done with UBS? Tomorrow
by SkierMom
Fri May 08, 2015 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Where should I keep my EF? [Emergency Fund]
Replies: 11
Views: 1195

Re: Where should I keep my EF?

Since contributions can be withdrawn from a Roth, that could be a second line of emergency funds after at least $1k in quickly available and safe cash. Maybe a $1k Target Retirement Income fund (30% stocks) is your best choice as others funds require 3k to start. You can contribute $5.5k/yr to Roth...
by SkierMom
Fri May 08, 2015 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan for grandson
Replies: 10
Views: 1265

Re: 529 plan for grandson

Good Job Steve! Way to take this on without paying a 1% advisor fee. Like previous posters have stated, there are automatic age-based options that adjust AA as the child ages AND there are options that are straight-up Aggressive, Moderate and Conservative that do not adjust with age. I think the big...
by SkierMom
Fri May 08, 2015 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: High Expense 403b or Taxable
Replies: 13
Views: 789

Re: High Expense 403b or Taxable

Just so that I understand it, this OP will lose 3.5% of their investments yearly due to fees/expenses (union cronyism?), and that the consensus is that this 403 plan should still be used over maxing out a Roth + using a taxable investment account? How would you figure out the threshold point for bad...
by SkierMom
Wed May 06, 2015 10:55 am
Forum: Investing - Help with Personal Investments
Topic: DFA Fund help.
Replies: 14
Views: 1772

Re: DFA Fund help.

Artbug - Just curious but does your employer add basis points to the fund ER when purchased through the broker door? Most do, mine adds about 40 basis points, which would give this option a total ER of .96 even without a transaction fee it's still an expensive fund. All depends on what the expense E...
by SkierMom
Fri May 01, 2015 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Baby Step 8
Replies: 20
Views: 2810

Re: Baby Step 8

Respect all your hard work being frugal and living below your means, and stop getting taken to the cleaners by the ELPs. You can Google a lot of interesting threads about ELP kickbacks to Dave Ramsey. Here's a good one: https://www.bogleheads.org/forum/viewtopic.php?t=69498 I think Baby Step 8 is to...
by SkierMom
Fri May 01, 2015 10:54 am
Forum: Personal Consumer Issues
Topic: NZ Campervan insurance...
Replies: 7
Views: 415

Re: NZ Campervan insurance...

Surfstar - please keep BH posted! I am interested in doing a similar trip with our family.
by SkierMom
Fri May 01, 2015 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Baby Step 8
Replies: 20
Views: 2810

Re: Baby Step 8

First Eagle U.S. Value Fund has an expense ratio of 1.14 percent. Yikes. Welcome to the forum. The general consensus here is that Dave Ramsey's advice for getting out of debt aggressively is spot on. His advice for investing is lousy, misleading (i.e. don't worry about expense ratios, 12% returns) a...
by SkierMom
Tue Apr 28, 2015 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: engineers - please help with engineering school selection
Replies: 185
Views: 12812

Re: engineers - please help with engineering school selectio

Would recommend that Mechanical Engineering Majors do not specialize at the BS level - be a generalist. Specialize with your MS degree. Not sure what the benefit of an "honors" program would give him. For engineering majors, 80-85% or so of classes are dictated to you, there is very little...
by SkierMom
Fri Apr 24, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: 2 million dollar mistake meeting with MIL's financial guy
Replies: 47
Views: 13627

Re: 2 million dollar mistake meeting with MIL's financial gu

Great post, Rallycobra, thank you for sharing. What the heck do his initials stand for anyway? It would be very interesting if you schooled this guy with BH theory, pointing out the flaws in his calculations. Might make a good blog post or personal finance piece you can sell. For me, I love the In-L...
by SkierMom
Wed Apr 08, 2015 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Fiance's investments
Replies: 17
Views: 1610

Re: Moving Fiance's investments

Professor Emeritus wrote:You and her dad? This does not sound good for any marriage.


+1,000,000,000

Sounds creepy to me. Do not, under any circumstances discuss your finances with In-Laws.
by SkierMom
Fri Apr 03, 2015 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Earthquake coverage in CA
Replies: 20
Views: 1261

Re: Earthquake coverage in CA

Look and see if you are in California Earthquake Zone 3 or 4 (maps on Internet USGS). 4 carries a higher risk of a damaging earthquake in your vicinity, whereas 3 not so much. Are you single-story or two-story? Two story houses transfer heavier loads to the foundation. What type of construction is y...
by SkierMom
Tue Mar 24, 2015 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help w/ adult child hard-wired for poor financial decisions?
Replies: 45
Views: 5409

Re: Help w/ adult child hard-wired for poor financial decisi

IlliniDave: What you describe in your daughter sounds like classic ADD the way it manifests in girls/women. Specifically, the lack of planning and foresight, motivation, Real-World and future-think is replaced by what feels good in the moment (impulsive and spontaneous). I suspect she has likely str...
by SkierMom
Fri Mar 20, 2015 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Does your CPA/Tax Person help with reducing your taxes?
Replies: 66
Views: 6647

Re: Does your CPA/Tax Person help with reducing your taxes?

Most CPAs don't specialize in the tax code. We've been using an EA (IRS Enrolled Agent) the last three years who specifically advises us about taxes, tax efficiencies, knows the tax sensitivities and thresholds and is pro-active looking for deductions for us. My experience with CPAs is that all of ...
by SkierMom
Wed Mar 18, 2015 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Large Loan Debt, Need some advice
Replies: 24
Views: 1974

Re: Large Loan Debt, Need some advice

avenger wrote:That being said, I personally (barring any major capital gains) would use my taxable account to pay off some off some of the debt and make an effort to get that debt gone.


No way should the OP be doing this before getting married.
by SkierMom
Mon Mar 16, 2015 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Steering family away from costly Financial Adviser or MYOB?
Replies: 28
Views: 2605

Re: Steering family away from costly Financial Adviser or MY

This describes not only your situation but also those of so many others who have doubts about their advisers yet remain with them mainly because it seems easier. I think your issue(s) describe many family situations. It is a difficult thing to keep your mouth shut, and I surmise it will become even...
by SkierMom
Fri Mar 13, 2015 1:57 pm
Forum: Investing - Theory, News & General
Topic: American Funds beats the market 97% of the time?
Replies: 50
Views: 5925

Re: American Funds beats the market 97% of the time?

Sorry that you were entrapped by Ed Jones & the 5.75% commissions.

Go to advanced search