Search found 394 matches

by derosa
Sat Aug 01, 2015 7:55 pm
Forum: Personal Consumer Issues
Topic: is 7200 rpm hard drive that much faster than 5400 rpm?
Replies: 21
Views: 512

Re: is 7200 rpm hard drive that much faster than 5400 rpm?

Programmers spend most of their day reading and typing.

And, oh yeah, thinking.

And the hard drive is doing nothing but burning electricity at that point.

If someone claims they can tell the difference in rpms between two hard drives they must be selling hard drives.
by derosa
Sat Aug 01, 2015 7:43 pm
Forum: Personal Consumer Issues
Topic: is 7200 rpm hard drive that much faster than 5400 rpm?
Replies: 21
Views: 512

Re: is 7200 rpm hard drive that much faster than 5400 rpm?

Who cares how fast the hard drive is?

How fast is the screen refresh or any other technical nuts and bolts under the hood geek crap? That's like buying a car based on the type of starter.

What difference does that make if you then spend NN minutes reading the screen after it is displayed.
by derosa
Sat Aug 01, 2015 7:39 pm
Forum: Personal Consumer Issues
Topic: AAA Plus worth it?
Replies: 18
Views: 818

Re: AAA Plus worth it?

Always seems like AAA members don't ever use the discounts provided. Over the course of a year you should easily be able to cover the cost of any of their programs with the discounts alone. But it is up to you to educate yourself about them and take advantage of them. So for me AAA is 'free.' I use ...
by derosa
Sat Aug 01, 2015 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Majority of units in my condo assoc are owned by investors. Is this bad?
Replies: 16
Views: 1173

Re: Majority of units in my condo assoc are owned by investors. Is this bad?

Renters simply don't (on the whole) have the same level of interest (maintenance, care, upkeep, pride,etc) in a place that owners (on the whole) do.

Not that hard to understand.
by derosa
Fri Jul 31, 2015 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Opening a franchise
Replies: 19
Views: 1696

Re: Opening a franchise

Uhhh - No. Can you get a jimmy johns in just one unit? Why would you want just one unit anyway? Places like subway etc usually have 3 or more units minimum. Having done a franchise you will work your tail off and you will hope to have positive result the first year. I didn't do food but what i heard...
by derosa
Thu Jul 30, 2015 4:04 pm
Forum: Investing - Theory, News & General
Topic: Does VTSAX Needlessly Holds Too Many Stocks?
Replies: 20
Views: 1442

Re: Does VTSAX Needlessly Holds Too Many Stocks?

Keep in mind that you buying the results (tracking an index) of the process and not the process (what to buy and when to sell). Who cares what they own as long as they track the index very closely.

Its like deciding what car to by based on the type of starter used. Who cares as long as it starts.
by derosa
Sun Jul 26, 2015 8:16 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 103
Views: 10403

Re: Scott Burns – Don’t quit your day job.

Been reading Scott a long time. And I would say that in his old age he has gotten a little - how to put it? - cranky? I don't know. Thinks the tea party stuff for taxation is good. I don't know. He used to be commonsense and practical information. when he was journalist. It seems that since he start...
by derosa
Sun Jul 26, 2015 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Golden handcuffs - help with vested retirement plan
Replies: 28
Views: 3002

Re: Golden handcuffs - help with vested retirement plan

I guess a question to the OP is that you knew the salary and the contribution/vesting plan when you signed up. Right? What has caused you in the first months on this new job to have these thoughts? My take is that not enough time and thought went into this position, this employer and their compensat...
by derosa
Sun Jul 26, 2015 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Mom - I'm Concerned About Her Advisor
Replies: 24
Views: 1819

Re: Helping Mom - I'm Concerned About Her Advisor

Not clear how much your mother wants to make a change at this time. It seems like she is comfortable with the situation. Has she asked specifically for options to her current situation? Or are you coming forward on your own? If it is not her idea you may have to back off. You can provide background ...
by derosa
Thu Jul 23, 2015 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help Parents set up Investments
Replies: 6
Views: 477

Re: Help Parents set up Investments

Lifestrategy funds are fine. You may want to look at the middle 2 - moderate and conservative growth. Don't let the tax tail wag the dog - if you know what i mean. You could do the PAS for a year to get started and then revisit that process in the 2nd or 3rd year. A key is to know what you are tryin...
by derosa
Thu Jul 23, 2015 4:32 pm
Forum: Personal Consumer Issues
Topic: Asking for separate checks?
Replies: 86
Views: 6005

Re: Asking for separate checks?

Lots of places can split up the check for bills however you want them. No math on your part required.
by derosa
Mon Jul 20, 2015 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash - need help giving advice to mother
Replies: 11
Views: 1099

Re: How much cash - need help giving advice to mother

Haven't read the article so can't speak to that. $200,000 is about 4% of her portfolio. Not exactly clear what her expenses are from the post. But lets' just say $100k a year for example purposes. If she wants to put that in cash - savings account, money market, in a credit union down the street - g...
by derosa
Sun Jul 19, 2015 1:24 pm
Forum: Personal Consumer Issues
Topic: Philosophical HVAC Question: When to Replace AC/furnace
Replies: 24
Views: 1790

Re: Philosophical HVAC Question: When to Replace AC/furnace

You energy bills are dirt cheap. Both on the heat and cool side. Enjoy that. At that age i would suggest you get them checked annually. Fall / early winter for heat side. Spring / early summer for the cool side. If you haven't had them checked they are probably filthy. Who knows where the refrigeran...
by derosa
Sun Jul 19, 2015 1:17 pm
Forum: Personal Consumer Issues
Topic: How do I fix a hole in this wooden door?
Replies: 42
Views: 2336

Re: How do I fix a hole in this wooden door?

Hang a mirror over it.
by derosa
Sun Jul 19, 2015 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: To roll or not to roll - (former employer 401-K)
Replies: 10
Views: 665

Re: To roll or not to roll - (former employer 401-K)

When you roll it over - now you have control. You aren't wondering next year or 5 years from now what will i do. What will they do, etc etc. Do it and be done with it. Your concerns about rollover are small. There are tons of planning tools out there - that should have no bearing on your planning - ...
by derosa
Sun Jul 19, 2015 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Why did you take SS at FRA instead of delaying until 70?
Replies: 69
Views: 7581

Re: Why did you take SS at FRA instead of delaying until 70?

There are many reasons why people choose to take early. Over 95% take it before 70. So it is not 100% a financial calculation. All the articles focus on the financial calculation. Thats what they need to write about isn't it? Shame people to make them feel bad that they did. We both took it at 62. U...
by derosa
Sat Jul 18, 2015 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard's new Personal Advisor Services
Replies: 56
Views: 8857

Re: Vanguard's new Personal Advisor Services

Can you really believe that someone who is an advisor is worried about VG coming after their clients? It says to me is that those guys are not doing a very good job running their business. And they have no concept of how expensive it would be for someone to cold call people to unknown people to gene...
by derosa
Sat Jul 18, 2015 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement within 1 year
Replies: 33
Views: 4693

Re: Retirement within 1 year

You want security with no risk and highest return. Unfortunately the financial markets don't work that way. To get any return at all you have to take risk - there is no other way. No risk = no return. You can see that with your savings account. You are earning virtually nothing in a savings account....
by derosa
Sat Jul 18, 2015 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on medical bills
Replies: 12
Views: 1509

Re: Advice on medical bills

Assume that the vast portion of the bill is being paid by insurance. You portion is about $500 per month. No interest. Guessing that this is more than you can handle on cash flow basis each month? Would figure out what you can afford each month if $500 is too much. $300 / month is about 20 months fo...
by derosa
Fri Jul 17, 2015 12:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Managed Payout Fund
Replies: 19
Views: 1721

Re: Vanguard Managed Payout Fund

For someone who doesn't want to be responsible i would suggest one of the two middle lifestrategy funds - moderate and conservative. Tell her she can take out 5% of the balance once a year or 2.5% twice a year - whatever schedule works for her. One fund, one or two withdrawals. Doesn't get much simp...
by derosa
Fri Jul 17, 2015 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: 60K Car Maintenance Service = $600. Is this Reasonable?
Replies: 51
Views: 4285

Re: 60K Car Maintenance Service = $600. Is this Reasonable?

Let me see if I understand this. The difference between the dealer and the local highly rated independent garage is $8? $8?? I am not sure what your question is about. I guess your term for highly rated means that they are pretty darn good? They know what they are doing? So for the exact same set of...
by derosa
Thu Jul 16, 2015 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Take an annuity or lump sum?
Replies: 16
Views: 1574

Re: Take an annuity or lump sum?

I don't see any mention of cost of living adjustment on the pension? I may have overlooked it. I guess i see this from a more personal side. Take the money and you can do what you want with it for the rest of your life. There is no other party involved in any way. You have total and complete control...
by derosa
Thu Jul 16, 2015 10:35 am
Forum: Investing - Help with Personal Investments
Topic: All Eggs in One Basket?
Replies: 20
Views: 2388

Re: All Eggs in One Basket?

Brokerage account and mutual funds at VG or anywhere for that matter are two quite different things. Brokerage has the SIPC backup. Mutual funds don't since they are not in a brokerage account.
by derosa
Tue Jul 14, 2015 7:28 pm
Forum: Investing - Theory, News & General
Topic: Tilting allocation - Energy
Replies: 20
Views: 1378

Re: Tilting allocation - Energy

What specifically are the "extreme times" that you are referring to? When you mention energy it suggests that you think there are problems in the energy markets. Right now they are cheap. Take 5 or 10% of your portfolio and it is "play money." Have some fun - have something to ro...
by derosa
Tue Jul 14, 2015 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expensive index or active fund?
Replies: 14
Views: 1010

Re: 401k Expensive index or active fund?

I guess I am not clear - are you splitting your 401K into at least 5 different fund contributions each year?

Not knowing the rest of your portfolio that seems to be spreading things around and thinly? A more concentrated contribution won't be any cheaper of course.
by derosa
Tue Jul 14, 2015 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Company 401k with High(ish) Annual Expenses
Replies: 4
Views: 332

Re: Company 401k with High(ish) Annual Expenses

You have to do the match - that is a given.

You have said you will be gone in 2-3 years. Roll it over as you stated.

Its a reasonable thought given the above 2 statements to do the lowest cost option. THeir match will cover the account fee and ER so you are ahead.
by derosa
Mon Jul 13, 2015 12:11 pm
Forum: Personal Consumer Issues
Topic: Facebook's malware scan- legitimate or malware? Invasive?
Replies: 42
Views: 2715

Re: Facebook's malware scan- legitimate or malware? Invasive?

Let the security company do its scan.

Something that helps keep crap off the internet is a plus.

Get on with life.
by derosa
Fri Jul 10, 2015 8:05 pm
Forum: Personal Consumer Issues
Topic: Vanguard phonecall asking for personal information
Replies: 47
Views: 3787

Re: Vanguard phonecall asking for personal information

Gee that thing that was quoted about a rule isn't a rule - its a guideline.

Security questions are just that security questions. Unless you made your account number the answer to the question? Oh dear.
by derosa
Fri Jul 10, 2015 1:39 pm
Forum: Personal Consumer Issues
Topic: Vanguard phonecall asking for personal information
Replies: 47
Views: 3787

Re: Vanguard phonecall asking for personal information

For all the people who are bent out of shape about getting a phone call from VG and VG wanting some validation that you are who you say you are. Oh what happens if someone other than you answers then phone and says that they are you? Just what are they supposed to do? Some have derided USPS and emai...
by derosa
Fri Jul 10, 2015 1:29 pm
Forum: Personal Consumer Issues
Topic: One car or two in semi-retirement?
Replies: 49
Views: 3360

Re: One car or two in semi-retirement?

If you have to ask this question then you know the answer. You are just trying to use this board to 'justify' your decision to your spouse.
by derosa
Thu Jul 09, 2015 5:09 pm
Forum: Personal Consumer Issues
Topic: New car vs. "pre-owned certified" (both somewhat frequently)
Replies: 28
Views: 1664

Re: New car vs. "pre-owned certified" (both somewhat frequently)

Not sure where your comment about someone else's lemon is coming from. You can by a brand new lemon also my friend, that is why there are lemon laws. Free airfare to Europe to save on a new car is true savings? Uhh something about there is no such thing as a free lunch -- much less a free trip to Eu...
by derosa
Thu Jul 09, 2015 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Family trust woes
Replies: 34
Views: 3468

Re: Family trust woes

This is not about legal issues. This is about the grandmother and the OP's mother had some real personal relationship issues or problems. And those issues are living on even thought one is dead. The OP's mother is getting back at her mother, "You think you are so smart with that generation skip...
by derosa
Thu Jul 09, 2015 2:21 pm
Forum: Investing - Theory, News & General
Topic: Calculation of Asset Allocation to Gauge Risk to Net Worth
Replies: 12
Views: 850

Re: Calculation of Asset Allocation

The difference between 55% and 45% in an allocation is pretty small actually. And given the variations due to the market could be even smaller. I don't think this is a big difference. If you said your allocation was to be 55% and due to the markets and whatever it changed over time to 45% then you m...
by derosa
Sun Jul 05, 2015 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: retiring by end of year, maybe sooner
Replies: 31
Views: 3733

Re: retiring by end of year, maybe sooner

Just a quick eyeball you have plenty of money. I don't know much about cef so can't really comment. My thought, and what we did, was take the SS. Something about OPM has always appealed to me. Bird in the hand. Let my finds grow now. The difference based on your numbers is about $7,000 a year. Reall...
by derosa
Sun Jul 05, 2015 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: New home purchase - How much do I put down?
Replies: 9
Views: 1527

Re: New home purchase - How much do I put down?

Avoid PMI.

If after the renovation and all that you want to pay down the mortgage do that. You may want to refi and that money might be of some assistance there also.

Keep your options open. Once spent it is gone.
by derosa
Sun Jul 05, 2015 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: I was laid off June 30. Can you please help me figure out a few things?
Replies: 18
Views: 3970

Re: I was laid off June 30. Can you please help me figure out a few things?

I would take the 401k and roll it over. That way you have complete control over the money. Who knows what might happen at the company. This way you have it. Maybe you get hired in another department at the same company? Great - just start a new 401k and go forward. The insurance options will probabl...
by derosa
Sat Jul 04, 2015 1:07 pm
Forum: Investing - Theory, News & General
Topic: Spending from separate retirement buckets
Replies: 46
Views: 4272

Re: Spending from separate retirement buckets

Its like having money in your left pants pocket and some in your right pants pocket. And the money you take out of the left pocket is somehow different than money from the right pants pocket. It's all the same pair of pants. Its like saying I'll have 3 checking accounts. 1 for checks under $100, 2nd...
by derosa
Fri Jul 03, 2015 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Girlfriend's Money Manager--Should She Switch to Vanguard?
Replies: 37
Views: 4433

Re: Girlfriend's Money Manager--Should She Switch to Vanguard?

Would you do a compare and contrast summary on the responses on this site with the money mustache site when you are done?
by derosa
Tue Jun 30, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3266

Re: Vanguard Wellington Fund

Its a solid fund with a track record that no one can really touch. Drift concern is an over statement.

Might want to consider one of the Lifestrategy funds like moderate growth that would come very close to this in style.
by derosa
Tue Jun 30, 2015 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Elderly father got snookered.
Replies: 36
Views: 6350

Re: Help! Elderly father got snookered.

With the name used by the OP i wonder how disinterested his unsolicated advice to his father might be?

Don't know him and we have precious little info to go on here to provide any advice. Just an observation.
by derosa
Tue Jun 30, 2015 10:10 am
Forum: Personal Consumer Issues
Topic: How to use SSD computer
Replies: 24
Views: 2547

Re: How to use SSD computer

1GB is 1GB no matter where it is. There is no such thing a a better quality GB. You can't store more on this GB than that GB its all bits in the end. 512GB is a huge amount of space for a general user. Use it for whatever you want. When it gets half full - move the crap off it that you haven't looke...
by derosa
Tue Jun 30, 2015 9:57 am
Forum: Investing - Theory, News & General
Topic: Are REITs necessary in a portfolio? Why?
Replies: 119
Views: 12947

Re: Are REITs necessary in a portfolio? Why?

3 funds was too much to handle and you cut back to one fund. Why would you want to double the number of funds now? And potentially get back into the rebalancing game?
by derosa
Sun Jun 28, 2015 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 78
Views: 11205

Re: Lucent offering pension buyout to retirees: what to do?

There are many other posts about this topic. You might want to do some searching.

IMO take the money and run. But that is an emotional decision of course.
by derosa
Sun Jun 28, 2015 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Risks of RMD Withdrawal From A Single Fund IRA
Replies: 54
Views: 6318

Re: Risks of RMD Withdrawal From A Single Fund IRA

You don't get to not pay taxes. You don't get to not have to take an RMD. Unless the country's economic situation is melting down as it did a few years ago. You got the big tax break a while back. Now its time to pay the bill that you knew was coming. Her its no secret. They told you 30 years ago yo...
by derosa
Sat Jun 27, 2015 2:12 pm
Forum: Investing - Theory, News & General
Topic: Why tilt to bonds in retirement?
Replies: 29
Views: 4151

Re: Why tilt to bonds in retirement?

Bonds are ballast. They provide a cushion or act as a shock absorber. Bonds are to make certain you have money to pay the bills. You don't invest in bonds for growth. Equity is for growth. Who wants to be selling equities if the market is going down and you need money to pay bills - say medical or l...
by derosa
Sat Jun 27, 2015 2:00 pm
Forum: Personal Consumer Issues
Topic: Squirrel nemesis
Replies: 60
Views: 5895

Re: Squirrel nemesis

If squirrels didn't have that bushy tail but a long thin one like a rat. Guess what - no one would think they were cute. Squirrels are part of nature, They are state mammal in NC. The supply is endless and never ending - they will come. But it can be managed. So as long in the back yard and stick to...
by derosa
Fri Jun 26, 2015 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: ? Portfolio for older couple
Replies: 21
Views: 4100

Re: ? Portfolio for older couple

Sounds like 50 / 50 is fine. 5 or 10% changes won't and can't make much difference. I would put all your bonds in intermediate term. You will be a very old man before there is any "unexpected" inflation that might call for TIPS. FInancial pundits have spent the last 5 years predicting rate...
by derosa
Fri Jun 26, 2015 8:07 pm
Forum: Personal Consumer Issues
Topic: Smart phone data usage
Replies: 54
Views: 5625

Re: Smart phone data usage

If never used it you really don't know what you data usage will be. That's because your flip phone doesn't do anything except make a phone call. Data is used only when NOT on wifi. Lots of places have it now for free. Assume your home is wifi or you have dumb neighbors who don't have security on the...
by derosa
Thu Jun 25, 2015 2:32 pm
Forum: Personal Consumer Issues
Topic: Do I need to keep my landline number?
Replies: 58
Views: 6753

Re: Do I need to keep my landline number?

1. With a landline any 911 call tells the operator where you physically are. Period. If the call is disconnected or hung up. They can still figure it out. 2. A cell phone call to 911 sometimes doesn't even tell the operator what county you are in. A previous poster said they can tell where you with ...
by derosa
Sun Jun 21, 2015 5:43 pm
Forum: Personal Consumer Issues
Topic: Best Slat Wall / Pegboard Systems for Garage Storage
Replies: 15
Views: 1881

Re: Best Slat Wall / Pegboard Systems for Garage Storage

Get some 2x4 and nail them to the wall. Screw in hooks or pound nails to hang what you want. Wow. That is too simple. You are going to have to find the studs anyway with the fancy systems. 2 nails a couple inches apart hold just about anything. Maybe you can paint the 2x4 the wall color before you n...

Go to advanced search