Search found 281 matches

Return to advanced search

Re: All lazy portfolios impossible at Vanguard?

VSMGX. lifestrategy moderate growth. 60/40 s/b with international in both. 0.16% ER.

What's not to like about that? 1 fund. asset allocation maintained.

When you get $20K or $30K you might consider breaking out to individual funds/etfs.
by derosa
Mon Mar 30, 2015 1:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: All lazy portfolios impossible at Vanguard?
Replies: 23
Views: 2662

Re: Buying a house to save on taxes?

You have to live some place. Housing is shelter, a place to sleep, eat, live, etc etc. So you have to be some place. Maybe 3 years? In other words who knows - right? That's a long time. Your family might as well enjoy itself. You only have one life to live. Who knows - your employer sees you buying ...
by derosa
Sat Mar 28, 2015 7:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buying a house to save on taxes?
Replies: 18
Views: 1801

Re: Is this a decent withdrawal strategy?

You should easily be getting at least 2% or more per year in dividends and capital gains. That would be $80,000. All that directed to checking account or money market. Not reinvested. You will have to pay taxes out of that of course. You should never have to sell anything based on the numbers provid...
by derosa
Sat Mar 28, 2015 7:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is this a decent withdrawal strategy?
Replies: 17
Views: 1553

Re: Retirement calculation lies?

Still haven't seen where the lie is that you referred to in your headline? You are implying that the tool is not working correctly. A calculator is a calculator is a tool. They all do what they say they will do if you give them some data. I would be confident that the Boglehead's tool is not lying t...
by derosa
Fri Mar 27, 2015 10:09 pm
 
Forum: Investing - Theory, News & General
Topic: Retirement calculation lies? [Geometric vs. arithmetic mean]
Replies: 44
Views: 4098

Re: Son graduating college-what to do?

Gee his life sounds like everyone else graduating from college. Not sure i understand your need to helicopter on this. If he wants it bad enough he will figure it out. That seems pretty simple - that would be motivation. If you want to do something pay for the uhaul to get his stuff there.
by derosa
Fri Mar 27, 2015 10:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Son graduating college-what to do?
Replies: 39
Views: 3212

Re: Help w/ my mom's financial situation

You need to check but i think Ohio is PERS and not Social Security. Some states are setup like that. That is in place of social security. She might be able to claim a SS benefit from her husband? Ohio is and always has been a non-Social Security state. Instead, Ohio’s public employees contribute int...
by derosa
Fri Mar 20, 2015 5:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help w/ my mom's financial situation
Replies: 18
Views: 1737

Re: New washing machine won't fit down basement steps.

On Maytags the front/sides/top of the cabinet all tilts forward as one unit over the tub & basket and lifts off. The back panel and the control section on top of the back are one piece. This is just 'flimsy' sheet metal. The base is still just about as wide. However you may be able to do some ji...
by derosa
Fri Mar 20, 2015 5:19 pm
 
Forum: Personal Consumer Issues
Topic: New washing machine won't fit down basement steps.
Replies: 32
Views: 2904

Re: Vinyl or wood fence

My FIL used vinyl. To me vinyl looks plastic. And yes that isn't a compliment. Bright white in the backyard isn't the look i would want. Vinyl isn't maintenance free. Still has to be cleaned / washed on a regular basis. In a shady area you could get a nice green mildew cover growing on it. Depending...
by derosa
Thu Mar 19, 2015 5:39 pm
 
Forum: Personal Consumer Issues
Topic: Vinyl or wood fence
Replies: 36
Views: 1990

Re: maximum social security benefit

I would just chalk it up to she is having a good story at your expense. From what you have talk us you have no actual facts about her work history or where she is getting this number.

Let it go - she got you.

Tell her about the killing you made on Facebook.
by derosa
Mon Mar 16, 2015 5:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: maximum social security benefit
Replies: 17
Views: 1894

Re: Should you hold bonds and a mortgage at the same time?

putting only $100K in to the house?

the bottom just fell out of your net worth.

$1M - $100k = $900k

$900k - $400k = $500k networth
by derosa
Sat Mar 14, 2015 5:16 pm
 
Forum: Investing - Theory, News & General
Topic: Should you hold bonds and a mortgage at the same time?
Replies: 88
Views: 6946

Re: Credit Check to Rent an Apartment?

Nephew and girlfriend wanted to rent an apartment. Both out of school a couple years. she is going to grad school, he is working fulltime. To rent an apartment in manhattan the parents had to provide 2 years of federal tax returns. And trust me it is in an area where you need to know a 2nd language.
by derosa
Wed Mar 11, 2015 8:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Credit Check to Rent an Apartment?
Replies: 23
Views: 1521

Re: Edward Jones - Ripped off Advice

Just contact the firm and say your need the last couple of years of statements to satisfy an IRS request.
by derosa
Wed Mar 11, 2015 5:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Edward Jones - Ripped off Advice
Replies: 20
Views: 1540

Re: 1099 Employee for 1+ Year?

Are you going to tell him what to do or is he going to be making his own work decisions?

If you are hiring an employee he is not an independent contractor.
by derosa
Wed Mar 11, 2015 3:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: 1099 Employee for 1+ Year?
Replies: 10
Views: 769

Re: Need advice. My wife is starting a small business

I think before you worry about funding an sep or all those other things - Sell something. Make some money. That amount of income described is almost just a hobby and not really a business to be honest. I guess the question is - is this a business or something to be busy at? All that other stuff is j...
by derosa
Tue Mar 10, 2015 3:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Need advice. My wife is starting a small business
Replies: 25
Views: 2589

Re: Fly or drive?

I am guessing that people that aren't excited about the IRS mileage rates never had to use a car in business. My CPA hated the optional fixed costs. Which is what these mileage costs actually are. They are an option over taking actual costs. She said the actual costs are always higher. She insisted ...
by derosa
Mon Mar 09, 2015 5:16 pm
 
Forum: Personal Consumer Issues
Topic: Fly or drive?
Replies: 84
Views: 4586

Re: Fly or drive?

IRS rates come from the IRS of course. Straight from the IRS -- New Standard Mileage Rates Now Available; Business Rate to Rise in 2015 IR-2014-114, Dec. 10, 2014 WASHINGTON — The Internal Revenue Service today issued the 2015 optional standard mileage rates used to calculate the deductible costs of...
by derosa
Mon Mar 09, 2015 4:02 pm
 
Forum: Personal Consumer Issues
Topic: Fly or drive?
Replies: 84
Views: 4586

Re: Fly or drive?

The discussion seems to think that there is no cost to driving. It is money to fly compared to time to drive. Driving costs. You just don't think of them directly except for gas. At $0.575 per mile the 2,100 mile round trip by car is about $1,200 in car costs. This is the 2015 reimbursement rate fro...
by derosa
Mon Mar 09, 2015 2:43 pm
 
Forum: Personal Consumer Issues
Topic: Fly or drive?
Replies: 84
Views: 4586

Re: I hate the new Vanguard Web navigation!!!

Fine by me. No trouble viewing or finding anything.
by derosa
Sun Mar 08, 2015 6:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: I hate the new Vanguard Web navigation!!!
Replies: 47
Views: 4542

Re: Tax Help

Do your taxes this year. See where you come out. Make certain you claim all deductions, etc. If you believe that your income will be ballpark the same next year then it might be time to make changes in withholding. Hold at a higher rate, have a specific additional amount withheld, claim a couple of ...
by derosa
Thu Mar 05, 2015 6:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax Help
Replies: 4
Views: 275

Re: done so soon? Firecalc says so

Firecalc is historical returns. That is the exact same methodology used by VG. So take a close look at the last plan you did with them - or have one done by them. BTW vg will account for taxes in their plan. Fircalc doens't account for anything. Try a monte carlo tool. Results should be in the same ...
by derosa
Sun Mar 01, 2015 3:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: done so soon? Firecalc says so
Replies: 15
Views: 1884

Re: On line product reviews vs Consumers Reports

Use CR on line. Haven't subscribed hardcopy in years. They are not trying to sell you something. Keep that in mind. Tripadvisor? Who knows who is writing that stuff up. When I check out locations that I know and see what ranks out on top. I just have to wonder how many aunts and uncles those people ...
by derosa
Mon Feb 23, 2015 9:20 pm
 
Forum: Personal Consumer Issues
Topic: On line product reviews vs Consumers Reports
Replies: 37
Views: 2725

Re: Help! I can't afford to eat on my South Beach vacation

[OT comments removed by admin LadyGeek]
by derosa
Mon Feb 23, 2015 9:09 pm
 
Forum: Personal Consumer Issues
Topic: Help! I can't afford to eat on my South Beach vacation
Replies: 60
Views: 5155

Re: Advice for how to help a grieving FIL with daily finance

Very sorry to see this situation. Having been through it and it is painful. However - From what i can tell he hasn't asked you for any financial help. You don't say that his bills aren't being paid. He isn't in debt collection. Power is not being turned off. So that doesn't sound like financial prob...
by derosa
Mon Feb 23, 2015 4:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Advice for how to help a grieving FIL with daily finances
Replies: 16
Views: 1697

Re: Filing my own business taxes, some questions

Gosh i hope you are saving $1000s by doing it yourself! Because you are going to spend 100 hours doing it yourself based on the questions that you have just asked. Now i don't know what your time is worth - maybe $100 / hr - for being self employed? But at $100 per hour it doesn't take too many hour...
by derosa
Mon Feb 23, 2015 4:21 pm
 
Forum: Personal Consumer Issues
Topic: Filing my own business taxes, some questions
Replies: 2
Views: 263

Re: Does early retirement affect SS benefits?

I would go back to the site and read all the details about the calculator and the results.
by derosa
Sun Feb 22, 2015 4:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does early retirement affect SS benefits?
Replies: 16
Views: 2392

Re: SS survivor question?

Thanks for your patience on this one! I completely overlooked the birth year dates - sorry about that. I knew you couldn't be wrong based on years of reading your articles but i wasn't seeing it. This was a topic that hit me with great interest. I don't think I have ever seen anything about this sma...
by derosa
Sun Feb 22, 2015 12:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: SS survivor question?
Replies: 14
Views: 996

Re: SS survivor question?

Oblivious – Is your calculation correct? Should you be using .75 instead of .7? I may not be understanding something of course. From the table in your blog post of 7/20/2012 if someone claims at age 62 they are getting 75% of their PIA. One of the examples used to illustrate that post has person tha...
by derosa
Sun Feb 22, 2015 10:47 am
 
Forum: Personal Finance (Not Investing)
Topic: SS survivor question?
Replies: 14
Views: 996

Re: Help with Fed Retirement, North Carolina, and Bailey

Here is link to NC Dept of Revenue concerning the Bailey decision. You can follow the link within that page to the list of qualifying state and federal retirement (p27) plans. Either you have 5 years of creditable service as of that date or you don't. You would have to check your plan's account info...
by derosa
Sat Feb 21, 2015 12:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help with Fed Retirement, North Carolina, and Bailey
Replies: 25
Views: 1017

Re: Cost Basis Questions

Spec ID with mutual funds is for people that have a lot of extra time on their hands. YOu might save yourself $2.

In the real world for real people it makes little difference.
by derosa
Fri Feb 20, 2015 6:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Cost Basis Questions
Replies: 11
Views: 1090

Re: Vanguard Index Fund Fees

You aren't assessed a fee nor do charges show up in your account. The money is collected by vg before it is reported in your account.
by derosa
Fri Feb 20, 2015 12:51 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Index Fund Fees
Replies: 12
Views: 1139

Re: How to interact with medical establishment

Still not quite sure we are getting the whole story here. OP recently had surgery. Not done by doctor says was called. OP has an appointment scheduled with the surgeon in the future. Not sure of the time frame - next week, next month, etc. Calls another doctor for an appointment. that OP thinks is r...
by derosa
Fri Feb 13, 2015 10:44 pm
 
Forum: Personal Consumer Issues
Topic: How to interact with medical establishment
Replies: 48
Views: 2896

Re: Social Security as a bond?

It is a revenue stream. It is not something that you buy and sell like a bond. If you have any doubts about that - try selling it to someone. To put it another way what do you consider your paycheck? An equity? Just look at it as something that reduces the need for your investments to produce income...
by derosa
Thu Feb 12, 2015 6:46 pm
 
Forum: Investing - Theory, News & General
Topic: Social Security as a bond?
Replies: 47
Views: 3294

Re: DH and I are buying bicycles

The key thing is fit not price. And if you are not sure how to properly fit a bike then go to a bike shop and have them do it. If you are going to ride on the road buy a road bike. Don't buy a tank - otherwise known as mountain bike or off road. Those are great for maybe bombing around town for 4 mi...
by derosa
Mon Feb 09, 2015 6:40 pm
 
Forum: Personal Consumer Issues
Topic: DH and I are buying bicycles
Replies: 39
Views: 1706

Re: Inherited Mutual Funds: Investing advice

Transfer it all to one fund like Wellington to get started. That buys you some time - say a month - to do a little research. You could also see about getting a financial plan from Vanguard as well. My point is you don't have to get it perfect, as though you will never have another chance to do anyth...
by derosa
Sat Feb 07, 2015 4:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Inherited Mutual Funds: Investing advice
Replies: 67
Views: 3374

Re: How to make this fair: gifting to kids with different me

The kids are equal right - you and your wife both contributed 50/50 to them. A gift is a gift. You give the same to both with no strings attached. If you do anything else you are playing games - games with your kids and games with yourself. Who is to say that child that had trouble settling down (yo...
by derosa
Fri Feb 06, 2015 1:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to make this fair: gifting to kids with different means
Replies: 108
Views: 9170

Re: Fidelity or Vanguard

I guess I am not understanding the question. You now have accounts at both places so you have experience at both places. Well what has been your experience?
by derosa
Wed Feb 04, 2015 6:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 31
Views: 3019

Re: Advice on Selling Car with Manual Transmission?

Advertise.

Remember you only have one to sell so you only need one buyer.
by derosa
Wed Feb 04, 2015 6:16 pm
 
Forum: Personal Consumer Issues
Topic: Advice on Selling Car with Manual Transmission?
Replies: 30
Views: 2362

Re: Why no talk about investing in Timber?

Based on OP's question about why this board isn't "flooded" with timber i wonder if the OP has ever read anything about investing on this board?
by derosa
Wed Feb 04, 2015 1:17 pm
 
Forum: Investing - Theory, News & General
Topic: Why no talk about investing in Timber?
Replies: 14
Views: 1317

Re: Preventing Ice Build up in my roof gutters

The cause of the problem is the difference between warm house (attic) and cold outside (eaves, overhang). As mentioned above you have to address this difference going forward to eliminate/minimize this problem. Warm attic / roof melts snow, water drains to edge of roof/gutter, refreezes, dam is form...
by derosa
Wed Feb 04, 2015 1:14 pm
 
Forum: Personal Consumer Issues
Topic: Preventing Ice Build up in my roof gutters
Replies: 23
Views: 1890

Re: Vanguard's annual financial plan update

Have used vg plan for many years. YOu get out of it as much as you want based on what you put into it. And thats true with all the tools. I find the info and the conversation helpful and reliable. Next yesr work the system my friend - put in a big jump in expense - to the them tool that you Spend mo...
by derosa
Tue Feb 03, 2015 9:41 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard's annual financial plan update
Replies: 5
Views: 1147

Re: How do you balance frugality and life?

I don't even think that you are married yet. So no kids yet. yada Gee there are going to be some things to spend some money on. It sounds like you have confused a means with an end. Money only has potential, it doesn't do anything. Doing is what you do. There will always be people with less and alwa...
by derosa
Tue Feb 03, 2015 9:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: How do you balance frugality and life?
Replies: 50
Views: 5474

Re: How to fire a client?

He knows you are doing this on the side. Simply state that you have new requirements and responsiblities at your fulltime job and can't continue to do the parttime (1099) contract work. Seems pretty simple. Then let it go. You seem to have no written contract or agreement or anything. What is there ...
by derosa
Sun Feb 01, 2015 3:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to fire a client? [software ownership issues]
Replies: 69
Views: 4957

Re: Birthday idea for fiancée (investment)?

Stick to the romance. You are not married. That means that you haven't yet closed the deal. Something about chickens and counting comes to mind.
by derosa
Sat Jan 31, 2015 6:49 pm
 
Forum: Personal Consumer Issues
Topic: Birthday idea for fiancée (investment)?
Replies: 15
Views: 1619

Re: Anyone know when CD rates will increase?

July 4 - this year or next.
by derosa
Sat Jan 31, 2015 3:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Anyone know when CD rates will increase?
Replies: 70
Views: 5532

Re: Semi-annual Furnace/AC Inspection

17 years old. I think you are just about at the end of life on those systems. You are the person that would benefit from it.
by derosa
Sat Jan 31, 2015 3:58 pm
 
Forum: Personal Consumer Issues
Topic: Semi-annual Furnace/AC Inspection
Replies: 17
Views: 1226

Re: cvt transmissions

Bought an accord last year with cvt. Liftime warranty on the powertrain with $100 deductible. that is my liftime as long as i own the car. If the manufacturer and dealer are going to support that they are not anticipating any problems. I have had no problems - not sure what the problems would be wit...
by derosa
Thu Jan 29, 2015 6:21 pm
 
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 45
Views: 2825

Re: New career as Financial Planner late in Life?

What you are talking about is a hobby. Do you want to go to a doctor that only wants to practice for a few years when he retires from something else. And you have never had to sell. No matter what style you think you might bring you are selling selling selling... Any good at that? Go for it if you w...
by derosa
Thu Jan 29, 2015 6:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: New career as Financial Planner late in Life?
Replies: 29
Views: 2845

Re: Recommend a clickless mouse

I guess i didn't know people stilled use a mouse.

Anyway a touch pad doesn't have any clicks. No noise and no piece of hardware to keep track off.

How do you type without making any noise?
by derosa
Mon Jan 26, 2015 9:47 pm
 
Forum: Personal Consumer Issues
Topic: Recommend a clickless mouse
Replies: 33
Views: 2486

Re: Flagship financial planner advice?

Who knows how many funds were proposed? It is not clear what funds were proposed from a reading of the OP's post. What he posted was an asset allocation breakdown not a listing of funds. You mean there are people in this world that don't want to spend hours each day or week on bogleheads.org debatin...
by derosa
Mon Jan 26, 2015 9:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Flagship financial planner advice?
Replies: 54
Views: 5451

Re: 4% Withdrawal Rate Question

Also look at what your life expectancy is.

You may have plenty of money 30 years from now at say age 95 with 90%+ probability.

What is the probablity that you will be around then to spend it? It won't be anywhere near 90% -- Maybe 15% or less? Hard to say.
by derosa
Sat Jan 24, 2015 9:54 pm
 
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal Rate Question
Replies: 16
Views: 2174
Next

Return to advanced search