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Re: Who else hates choosing a car?

I'm in that boat now.

Most sedans look a like to me.
Big trucks are too big for my garage.
Most SUVs today look like station wagons.

Ugh.

I wish I only cared about price and quality. I would've had a new car six months ago.
by imgritz
Thu Jul 17, 2014 3:51 pm
 
Forum: Personal Consumer Issues
Topic: Who else hates choosing a car?
Replies: 75
Views: 6263

Re: Wife has no retirement options- is breadwinner

She will have social security as an option.
by imgritz
Thu Jul 17, 2014 3:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wife has no retirement options- is breadwinner
Replies: 36
Views: 3185

Re: Have you quit your job because of your boss?

You can do two more years until pension time. Then look for another job if you still don't like your environment.
by imgritz
Tue Jul 15, 2014 5:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Have you quit your job because of your boss?
Replies: 66
Views: 7048

Re: Marriage - Asset Allocation Question

My reference is from a marriage/divorce in California. To let you know, these are inherited assets and she does not have to commingle the assets with you. She can keep them separate as her own property. Personally, I would not recommend your wife to commingle the assets. Ultimately, it is up to her ...
by imgritz
Fri Jul 11, 2014 3:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Marriage - Asset Allocation Question
Replies: 11
Views: 1242

Re: Engineer career change

I've been a software engineer for 30 years. Granted it's boring sitting in a cube farm. There are days I want to dump it all to become a forest ranger. :D The excellent news about this career is that it's always in demand and pays well. I was thinking what I wanted to do when I retire. Jokingly I fo...
by imgritz
Fri Jul 11, 2014 12:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: Engineer career change
Replies: 55
Views: 5388

Re: Family member as Financial Advisor

steve_14 wrote:A tech mutual fund? Remember what happened to those in 2002? I would move to a simple total market portfolio at Vanguard today. As in now. You're an adult, and it's your money.
Agreed
by imgritz
Fri Jul 11, 2014 12:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Family member as Financial Advisor
Replies: 29
Views: 2350

Re: True or False? Your risk tolerance only increases with t

I didn't know my risk tolerance until the crash in 2008.
by imgritz
Fri Jul 11, 2014 12:37 pm
 
Forum: Investing - Theory, News & General
Topic: True or False? Your risk tolerance only increases with time
Replies: 30
Views: 2322

Re: Kiplinger: Why You Should Avoid Most Bond Index Funds

Is this why Vanguard CFPs recommend Short-Term investment grade and Intermediate-Term investment grade to compliment the Total Bond Market index in their analysis?
by imgritz
Thu Jul 10, 2014 7:02 pm
 
Forum: Investing - Theory, News & General
Topic: Kiplinger: Why You Should Avoid Most Bond Index Funds
Replies: 32
Views: 6332

Re: Trying to understand 401k fees

this 401k is a result of a QDRO (post-divorce settlement), I can withdraw money from it at any age without the 10% penalty. Now I do not plan to take money out from it, but still it is a good option to have. Is this accurate? I thought once you had money in a 401K you couldn't withdraw from it unti...
by imgritz
Thu Jul 10, 2014 6:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Trying to understand 401k fees
Replies: 6
Views: 586

Re: Animal battle Round 7: Raccoon pooping near house

cheese_breath wrote:It's a critter conspiracy. They're trying to force you out.

I think the animals have squatters rights after a five year period. :D
by imgritz
Thu Jul 10, 2014 5:11 pm
 
Forum: Personal Consumer Issues
Topic: Animal battle Round 7: Raccoon pooping near house
Replies: 39
Views: 3145

Re: Asset Allocation At or Near Retirement?

I recently talked to a Vanguard CFP about asset allocation. He mentioned he's had a lot of conversations with clients regarding this subject. Young people that are afraid to loose money so they stick to bonds. Old people that are very risk tolerant and are mostly in stocks. It's a personal decision....
by imgritz
Thu Jul 10, 2014 5:07 pm
 
Forum: Investing - Theory, News & General
Topic: Asset Allocation At or Near Retirement?
Replies: 51
Views: 4324

Re: investing savings for future downpayment

gvsucavie03 wrote:If you don't plan to invest the money for longer than 5 years, I wouldn't use stock or bond funds. Keep your down payment savings right where it is.

Agreed. Keep your house money safe.
by imgritz
Thu Jul 10, 2014 3:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: investing savings for future downpayment
Replies: 12
Views: 846

Re: Urban garden bed--ideas to deter dog owners

How about the sound of fireworks continuously playing? That scares most dogs away. :happy
by imgritz
Thu Jul 10, 2014 2:57 pm
 
Forum: Personal Consumer Issues
Topic: Urban garden bed--ideas to deter dog owners
Replies: 44
Views: 3807

Re: What to do with 401K and 457 from old employer

I rolled my 401K to a Vanguard mutual fund account. I pay 0 fees for investing in Vanguard funds. :D
by imgritz
Thu Jul 10, 2014 2:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with 401K and 457 from old employer
Replies: 12
Views: 830

Re: Must-haves and Legal Needs for a Millionaire

Here's my top three at this time. 1. Get a trust. 2. Adequate life insurance for both of you. Think worst case scenario. New baby and spouse passes away. You stay at home to raise the child or pay for a nanny. I suggest a million on both you and your wife. 3. Umbrella policy to protect your assets.
by imgritz
Thu Jul 10, 2014 1:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Must-haves and Legal Needs for a Millionaire
Replies: 14
Views: 3875

Re: Rent Out House or Sell House?

I have a rental. I consider it another income stream for me when I retire. If I run out of money, I can always sell the rental.
by imgritz
Wed Jul 09, 2014 7:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rent Out House or Sell House?
Replies: 9
Views: 1321

Re: Car did not start: To dispose? How?

Call AAA. It might be as simple as a dead battery. I only get new batteries from AAA because 1) They come to where my car is located, 2) Reasonably priced and 3) Have a decent warranty.
by imgritz
Wed Jul 09, 2014 7:06 pm
 
Forum: Personal Consumer Issues
Topic: Car did not start: To dispose? How?
Replies: 70
Views: 5456

Re: Wife was hit by car while riding on bicyle. Next Step?

I would wait to see how your wife is doing. Sometimes shock will dull some issues she may be having. I wouldn't settle too quickly. As far as an attorney goes, here's my story. I was involved in a three car accident once. My insurance company wanted extreme detail on every expense. For example, they...
by imgritz
Wed Jul 09, 2014 7:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wife was hit by car while riding on bicyle. Next Step?
Replies: 46
Views: 5499

Re: Boglehead Beer

My favorite is Simtra from Knee Deep Brewing http://www.beeradvocate.com/beer/profile/23200/78377/
by imgritz
Wed Jul 09, 2014 5:30 pm
 
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 386
Views: 46654

Re: List of Worst financial advice (what not to do):

I can't figure out how to write this as worst financial advice. So... The number one wealth killer for me was a divorce.

Keep the spouse happy.
by imgritz
Wed Jul 09, 2014 12:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 122
Views: 12946

Re: 401k: If parents dont need the $, do an aggressive AA

Tell the parents to use the 401K to go on a few vacations.
by imgritz
Thu Jul 03, 2014 11:23 am
 
Forum: Investing - Help with Personal Investments
Topic: 401k: If parents dont need the $, do an aggressive AA
Replies: 16
Views: 1083

Re: do you lie about your finances to friends

My friends make considerably more than me. Each one has told me their income. The funny thing is they call me the "rich one" because my house is paid off. Personally, I don't understand how they can spend, spend, spend with no concept of saving for retirement. I simply discuss financial co...
by imgritz
Mon Jun 30, 2014 3:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: do you lie about your finances to friends
Replies: 103
Views: 8862

Re: Hit our number, should we change our asset allocation?

Love this quote from Larry's article.

Some risks are not worth taking. Prudent investors don't take more risk than they have the ability, willingness or need to take. Think about it this way: If you've already won the game, why still play?
by imgritz
Mon Jun 30, 2014 11:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Hit our number, should we change our asset allocation?
Replies: 34
Views: 2733

Re: Ideas on how deal with estate with tons of items

I hired an estate company when my mother passed. They did all of the work and took their cut. What was left over was donated to charity. It's up to you about how much or little you want to be involved.
by imgritz
Fri Jun 27, 2014 6:50 pm
 
Forum: Personal Consumer Issues
Topic: Ideas on how deal with estate with tons of items
Replies: 29
Views: 2366

Re: New to Investing -- Life Transition

The first thing that pops out is you didn't mention an emergency fund. There are a lot of things that could happen in six years. You could always use your future Roth IRA as an emergency fund. :) Here's an example of the three fund portfolio mentioned. The asset allocation is up to you. You must fee...
by imgritz
Fri Jun 27, 2014 1:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to Investing -- Life Transition
Replies: 11
Views: 981

Re: Do I need an Advisor?

My average expense ratio is 0.10% and no other fees. Vanguard mutual fund accounts and I get free advice from Vanguard's Certified Financial Advisers.

There is no reason to pay your fees. Do it yourself or pay Vanguard .3% to manage your portfolio and it would still be less money.
by imgritz
Thu Jun 26, 2014 5:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Do I need an Advisor?
Replies: 15
Views: 887

Re: Please help us decide where to live

US Virgin Islands and get a spare bedroom so we can visit.

This may help with your decisionhttp://time.com/money/2791406/sharon-ma-1-best-places-to-live/
by imgritz
Thu Jun 26, 2014 5:44 pm
 
Forum: Personal Consumer Issues
Topic: Please help us decide where to live
Replies: 169
Views: 7768

Re: Class-action lawsuits

I don't know if this is the same level, but I have received several email notices about class action lawsuits. They are stuff like amazon overcharging. When the dust settles, which tends to take a couple of years, the individuals get, like $1.17 cents apiece and the lawyers walk away with millions....
by imgritz
Thu Jun 26, 2014 3:15 pm
 
Forum: Personal Consumer Issues
Topic: Class-action lawsuits
Replies: 16
Views: 1195

Re: Rental property in asset allocation

Kosmo wrote:I don't consider it. I think of it as a completely separate "business".

I am the same way.
by imgritz
Thu Jun 26, 2014 1:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rental property in asset allocation
Replies: 18
Views: 845

Re: How do you afford to travel?

My buddy has access to free flights (family member is a pilot) and doesn't use them. He says he doesn't like to fly and can't stand airports. His trips are usually within a couple of hundred car driving miles. He picks a place he likes and has a good time. Since he is paying less for a local vacatio...
by imgritz
Thu Jun 26, 2014 1:21 pm
 
Forum: Personal Consumer Issues
Topic: How do you afford to travel?
Replies: 68
Views: 6150

Re: Best Road Trip Vehicle

by imgritz
Thu Jun 26, 2014 1:14 pm
 
Forum: Personal Consumer Issues
Topic: Best Road Trip Vehicle
Replies: 35
Views: 2714

Re: Dollar cost averaging to invest a windfall?

I've always thought my investment money is a minimum of 5 years in the market. I've lump summed a couple of times and it works out.

I've you're still anxious, maybe you need to change your asset allocation to something more conservative.
by imgritz
Wed Jun 25, 2014 6:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: Dollar cost averaging to invest a windfall?
Replies: 11
Views: 1065

Re: Article: Conversation with John Bogle

Liked this quote Indexing may be boring, but do me a favor: Never open one of your 401(k) statements from the day you start work to the day you retire, 40 or 50 years later. When you open that last statement, never having looked at it along the way, you are not going to believe how huge it is. You s...
by imgritz
Wed Jun 25, 2014 1:59 pm
 
Forum: Investing - Theory, News & General
Topic: Article: Conversation with John Bogle
Replies: 15
Views: 1860

Re: Stock / Bonds Allocation

I was the one that freaked during the 2008/2009 crash. I am 40/60 at 52 years old.
by imgritz
Wed Jun 25, 2014 12:51 pm
 
Forum: Investing - Theory, News & General
Topic: Stock / Bonds Allocation
Replies: 48
Views: 2376

Re: Question about divorce & settlement

If you keep your assets separate, you will have to give away 1/2 of the appreciated value. I don't believe that to be true, but it depends on the state. Being able to read the laws of your state will help with your understanding of what applies to you. I was told by my attorney that if I didn't com...
by imgritz
Tue Jun 24, 2014 12:45 pm
 
Forum: Personal Consumer Issues
Topic: Question about divorce & settlement
Replies: 39
Views: 2048

Re: Question about divorce & settlement

Speaking from a California divorce...

Think of it as a cost basis and selling price. You will have to give away 1/2 of the appreciated value. Inheritances are not involved in this equation nor lotto winnings.
by imgritz
Tue Jun 24, 2014 12:35 pm
 
Forum: Personal Consumer Issues
Topic: Question about divorce & settlement
Replies: 39
Views: 2048

Re: Retirement age for software engineers

I read an article that said 40 is old age in the software industry. I made it to 51 when I was "down-sized" from mega corp. Nothing scares me more than the agism rampant in this industry. Ageism is obvious in the software industry. The good news is there are a lot of contracts and temp job...
by imgritz
Tue Jun 24, 2014 12:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Retirement age for software engineers
Replies: 94
Views: 9323

Re: Anyone own a Land Rover LR2?

I've always purchased Nissan's and Toyota's. Never had a problem with these cars.

Thanks for the advice.
by imgritz
Mon Jun 23, 2014 6:53 pm
 
Forum: Personal Consumer Issues
Topic: Anyone own a Land Rover LR2?
Replies: 7
Views: 638

Anyone own a Land Rover LR2?

My 2006 Nissan Pathfinder has 130K miles on it and I am looking to replace it. Unfortunately for me, most of the current model SUVs look like station wagons. I was thinking about a Land Rover LR2. I've looked on JD Powers and Edmunds to review the car and it seems o.k. Can anyone provide feedback on...
by imgritz
Mon Jun 23, 2014 6:17 pm
 
Forum: Personal Consumer Issues
Topic: Anyone own a Land Rover LR2?
Replies: 7
Views: 638

Re: Family Budget

My whole life is about living within my budget. I track but usually exceed my budget. I simply don't want to live as frugally as I have on paper.

You can use a tool like Quicken to keep your budget on track.
by imgritz
Mon Jun 23, 2014 12:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Family Budget
Replies: 17
Views: 2046

Re: Retired Bogleheads want to relocate to California

Everyone wants to live near the beach in California. The closer you get to the beach the prices will get higher.

You can always live further inland. I live 8 miles from the beach. My 25 year old townhome is only 400K. :shock:
by imgritz
Mon Jun 23, 2014 12:28 pm
 
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 109
Views: 6745

Re: It is time to retire when you .......

After sitting in an office job for 30 years, you long to be a forest ranger.
by imgritz
Fri Jun 20, 2014 4:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: It is time to retire when you .......
Replies: 104
Views: 9597

Re: If I am young, why not invest in a risky fund?

Considering your age and the scope only being for retirement, I would put my money in Total Stock Market Index fund and forget about it for 30 years.
by imgritz
Fri Jun 20, 2014 12:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: If I am young, why not invest in a risky fund?
Replies: 45
Views: 3141

Re: Any other retirees moving money out of Vanguard?

I recently had my portfolio reviewed by a Vanguard CFP. His suggestion for the bond portfolio was

    Vanguard Short-Term Investment-Grade
    Vanguard Intermediate-Term Investment-Grade
    Vanguard Total Bond Market Index
    Vanguard Total International Bond Index

Hope this helps.
by imgritz
Fri Jun 20, 2014 12:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any other retirees moving money out of Vanguard?
Replies: 54
Views: 6077

Re: Budget or create saving buckets?

Yes. I have a CapitalOne360 (used to be ING) account where I can open up a savings account for $1. I have several accounts/categories like Bills, Vacation, Christmas, etc.
by imgritz
Thu Jun 19, 2014 1:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Budget or create saving buckets?
Replies: 109
Views: 7307

Re: LifeStrategy Fund for my sister

I have my assets split in the Boglehead manner. I also have an UGMA account for my daughter with a LifeStrategy fund. My daughter's account is boring because I never have to do anything with it. She has also made more money than me percentage wise because I can't tweak it from time-to-time. I would ...
by imgritz
Thu Jun 19, 2014 12:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Fund for my sister
Replies: 27
Views: 2870

Re: Why did I just get a 2012 CA income tax refund check?

I didn't even get a "Thank You" card for paying my taxes. Enjoy your 2K.
by imgritz
Wed Jun 18, 2014 7:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why did I just get a 2012 CA income tax refund check?
Replies: 15
Views: 1456

Re: Would any number make you change your asset allocation?

My asset allocation reflects my age, assets and the fact I am a loss aversion person. I was one of the people that sold in the 2008/2009 crash. I am comfortable with my AA and I am going to stick with it.
by imgritz
Tue Jun 17, 2014 4:45 pm
 
Forum: Investing - Theory, News & General
Topic: Would any number make you change your asset allocation?
Replies: 58
Views: 3427

Re: Be Fearful When Others Are Greedy and Greedy When Others

Based on the Buffett quote, I'm not fearful nor greedy. The stock market is at a high. I just read on CNN that the economy is not doing well. I know a few people that are underemployed. So, are we at an the peak? I'll let you know if 5 to 10 years. :D
by imgritz
Tue Jun 17, 2014 4:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Be Fearful When Others Are Greedy and Greedy When Others Are
Replies: 26
Views: 2765
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