Bogleheads.org

consider medicare/medicaid their insurance (it's charity) pay what you owe or stay out of hospitals. disclosure : yes , i am a physician. wahnfried Really? The medicare / medicaid that comes out of my taxes is a charity and people shouldn't expect to use it when they need it? What one may or may no...

I sold out today too.

Well, to be honest, it was last night, and I only sold 5% of my TSM. I bought TBM with it.

Some may call what I did rebalancing :p

I'm doing the exact same thing with my parents. It's so far been about three months of discussions, getting her to read here, oblivious investor, Boglehead books, etc. but I think they're about ready to switch everything to Vanguard. They're at EJ and their high 6 figures account is 75% in variable ...

I recently cancelled a couple of AAdvantage credit cards (different banks). I didn't want to pay the annual fee, plus I just felt like earning points in other reward programs. But in researching flights for an upcoming trip I was on AA's site (as a guest) and when I priced a particular flight, I go...

One might consider following the money here to see if this is really something that should be heavily promoted. I don't like these kind of cards from an ethical point of view, although it might seem that the points-derived goods and services are "free" - they most certainly are not. Pleas...

enough miles for two free first class round-trip tickets to Hawaii that were selling on expedia for $6200 on the day we booked the trip They are worth $6,200 only if you otherwise are willing to spend $6,200 on those tickets. If you are only willing to spend $1,200 cash for the tickets, then they a...

Been preaching this forever. Putting charges on a non-rewards credit card is just ridiculous. It's throwing away so much money annually - it's a huge financial mistake. I see many people posting that "rewards aren't free, you're paying for them somewhere." Sure, that's true, but it's true ...

The entire page screams "invest with us!"

I think it makes sense that they would put out articles claiming that taxable investing is better, while placing no less than three clickable links to open an account with their company. All about getting people into their business model.

Buying penny stocks isn't investing, it's speculating.

14/15, wrong on #9. It was a guess, I was initially thinking common stock would be the answer, but then thought about defaulting on bonds, etc, and if someone bought out the bankrupt company, maybe the stock could retain some value while a bond would be worthless.

Meh.

I read about half of the first page, then skipped through the rest. First, to answer your question: it depends on your body type. Can you conceal the fat double stack of a G19? If so, look into it. It's my carry weapon of choice. About 6000 rounds through it and not one failure of any kind. Glock ma...

I was helping my parents transfer money to Vanguard a couple of months ago and one of the "investment" companies they had money with required this stamp. We went to their local credit union, who they bank with, and I watched the manager blow the dust off of the stamp box before pulling it ...

You can't directly contribute to a rIRA; you'll have to backdoor annually. However, there's no need to convert the rIRA into separate accounts each year, just use the same non-deductible tIRA and rIRA accounts.

Per person, so as long as your wife has earned income, she's good to go.

Why wouldn't you just open a CSP for yourself and get the sign-up bonus points? If you don't want the card, downgrade it to the CS so you don't have to eat a 2nd annual fee.

It's on my DVR, I'll probably get to it this weekend. I got my mom to watch it, so I hope it had some good information in it.

What was the general consensus after the show, everyone?

As reluctant as I am to doubt the word of large-firm financial advisor, I notice that the language of the fee waiver is limited. You write that there will be no "maintenance fee" for the account. This prompts the question as to whether this is the only fee being imposed. Are there no advi...

I hope they keep going down. It's been pretty sideways since the massive drop and we really haven't seen any price savings yet. The dealer keep raising their premiums every time spot drops

If spot is stays low for a while, or even continues to drop, the premiums will have to come down.

Getting through all of the replies, I appreciate the posts. No multi-quote function on this board so I won't quote anyone... First, sorry if anyone got the idea that I was planning to purposely upset or argue with the FA; quite to the contrary, I tried to say I didn't want to do anything of the sort...

I think it might be helpful to discuss with your mom what it means when an adviser is committed to act as a fiduciary, and point out to her that the EJ guy is nothing of the sort. I think most people get attached to a smooth, friendly adviser and just assume that he/she is acting in the client's be...

I guess I'm desensitized after being in the military and moving 16 times in my 11 years.. Kids are tough. Again, I'm a single male with no kids, so my perspective may be different, but I don't see moving being tough on a 7 month old child. They already seem to know the area they want to live; I don...

I wouldn't do it, but I'm single with no kids. You can never get that money back into the account. You could always rent a house or apartment in the "good" school district :) What if the landlord told you he sold the property and you need to find another place to live? It could be very ha...

I should also add that I think I do know the proper answers to most of the questions I wanted him to answer, but I really wanted to see his answers as a gauge to his trustworthyness and knowledge. That's why I didn't post the other questions - they would appear silly to most of us bogleheads.

Hi all, Over the last few months I've been working with my mom and dad to help them take control of their investments themselves rather than rely on their expensive "adviser" at Edward Jones. In the past 5 years, as my dad was getting ready to retire, he was sold two variable annuities for...

I wouldn't do it, but I'm single with no kids. You can never get that money back into the account. You could always rent a house or apartment in the "good" school district

I've seen a lot of talk lately about the Roth 401k; here, other places online, Suze Orman, financial magazines. I'm standing tough with my t401k. If I didn't have the $17,500 pre-tax contribution reducing my taxable income, I'd be in the 28% bracket. At today's tax rates, there's no way I'll be in t...

No, that is not what is normally meant. The standard approach that has been used and labelled at "Safe Withdrawal Rate" analysis asks the question what is the highest rate of withdrawal that can be allowed with no more than a very small chance the retiree will run out of money before the ...

Here's what I don't understand - TS says 2% is a SWR, but needs an additional 5k to get there. Also says "can easily increase it to 2.5 or 3%." If one is taking a withdrawal of more than interest and dividends (eating principal, I would assume?), wouldn't that mean it isn't a safe withdra...

TimDex wrote:I bought a set of paula deen cookware on sale at wal-mart. great stuff, heavy bottom, stainless, cheap.

(pause for snark on part of readers re paula deen...but it's good stuff)

Did it come with a few sticks of butter?

[1] Non-stick pans will wear out and are used with low heat, so no need to go expensive. (The problem with non-stick is that you can't use them for high heat cooking and [2] you can't put then in the oven.) I disagree with both of your comments. [1] My non-stick pans are doing great after 5+ years....

Your car might go 8,000-10,000 between oil changes, but with that interval, you really need to check the oil occasionally because it will get low between changes. Definitely sound advice to check the oil level, but if a brand new Honda is drinking oil after only a 10k mile usage, the car has other ...

After growing up with a bunch of guys who ended up / still work at America's (Discount) Tire Company, I will never go anywhere else. I've been tempted to go elsewhere for cheaper pricing, but their nationwide coverage, great warranty, and super service has always made me happy. Spent almost a grand ...

Why wouldn't you exchange before you leave the US? I always head to my local Chase branch and order my euros before I head to Germany. Takes 1-3 days, no hassle, no wondering if I'm getting the best rate. If you don't want to do that, for some reason, I'd head to a local UK bank: Barclays, Lloyds, S...

[ 2% is what I need over and above my SS. But aren't you actually saying you need 2% plus $5,000? That's not 2%. If CD interest, bond dividends, and stock dividends amount to less than 2% of portfolio, then $5K withdrawal of "principal" would bring it up to 2%, wouldn't it? Here's what I ...

That's interesting. I had taxable brokerage accounts with both Fidelity and Schwab and closed them late-2012. No fees...

If I remember some things I've been told over the years correctly, the length of credit history only makes up 10% of the MyFico score anyways. I wouldn't worry about it! I change (opening and closing) credit cards all the time (typically 3-6 per year) and over the last three years my score has dropp...

If you really want good stuff on the cheap, go to a restaurant supply store and get some gear there. I will be doing that in the future as I eventually replace my existing stuff.

I have like 20 pieces of Calphalon One and 9? Wusthof knives. My Calphalon non-stick skillet is still going strong after 5 years of multi-daily use; I don't know what you guys are doing to hammer yours, but you need to look at your utensils and cleaning techniques, I think. My Lodge 12" cast ir...

stevewolfe wrote:So if there is a really bad day concept in precious metals, today (silver down 5+%) would be one of those days... Any buyers here today?

It was down waaaaay more on Monday (tax day) and yes, I did make some nice purchases Gotta bring that cost average down!

I find this forum to be great with very respectful users but would be nice to block post by certain user that I don't care to never read. Like this frequent poster: http://www.bogleheads.org/forum/viewtopic.php?f=11&t=112760 He is the reason why I was searching these forums for reasons why we d...

~$680 a ticket will get you there in 4 hours of fly time, not counting the time getting to the airport and all of that. With that said, I would absolutely drive. I usually choose to, and I always travel by myself. There's a lot to be seen in this country. With four people total, I would absolutely ...

I don't think I've ever spent $100 on a dinner. I don't think I plan on ever doing that, either. Spent 50 bucks Saturday night, picked up a 30 pack of coors light, bunch of drumsticks, chips & salsa, sausage, and jalapeno poppers. Grilled and watched the free UFC fights with a buddy. Way better ...

None. My idea of vacation is either flying or driving the 1200 - 2000 miles back to see family. I last did that mid-2012. I fly home every few months; last time work paid for some of it :) I travel for work often, including international, so that is starting to take the place of what most would cons...

WHL wrote:I'm a silver guy, but holy [Mackerel -- admin LadyGeek] the 1oz canadian gold maple leaf is sooooooo sexy.

~$680 a ticket will get you there in 4 hours of fly time, not counting the time getting to the airport and all of that. With that said, I would absolutely drive. I usually choose to, and I always travel by myself. There's a lot to be seen in this country. With four people total, I would absolutely d...

calisoldier83 wrote:Besides reading up and researching on the internet. Do you have any books that focus on index investing?

The wiki has you covered brother

http://www.bogleheads.org/wiki/Category ... nd_Authors

An interesting article AGAINST annuities comes from Forbes magazine. It does make some interesting points. http://www.forbes.com/sites/davidmarotta/2012/08/27/the-false-promises-of-annuities-and-annuity-calculators/ Nice article, thanks. I sent it to my mom - they're currently stuck with two variab...

My target is 50 TSM, 25 TISM, 25 TBM, but with recent market activity and my 401k contributions, I'm more like 60/20/20.

Later this year I'll change my 401k contributions to add in TBM as luckily it is an option in my plan.

The trades are underrated as career choices. My HVAC repair man earns more than most finance professionals. A friend recently hired a nanny at $1000/day to take care of his newborn. I know a roofer who lives in a $4mn house in Westchester. There is a lot of actual work that still needs to be done i...

I would repair the vehicle and keep it. Financing a car for six years is a pretty bad move financially. Keep your current rig and start banking cash to buy your next vehicle outright, or at least put down the biggest down payment you can. The last cross country road trip we took we rented a car from...

Google will be around a while, so a gmail.com e-mail should work. You can also pay for an e-mail account. register.com has some. We have had "permanent e-mail" accounts with register.com for quite a long time. I recommend them. It is more professional than live.soft@gmail.com. and to expa...