Search found 1467 matches

by inbox788
Sat Aug 01, 2015 3:21 am
Forum: Investing - Help with Personal Investments
Topic: Best Way to Approach Move to Index Funds in Complex Portfolio
Replies: 12
Views: 954

Re: Best Way to Approach Move to Index Funds in Complex Portfolio

Thanks samsmith! I always have to remind myself that the tax rates are graduated. We'll probably spread the transition out over 2 - 3 years. You can do your homework and list all the holdings. Then figure out what the allocations are, and how to efficiently allocate towards your ideal AA. But given...
by inbox788
Fri Jul 31, 2015 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance - Buy House then Reverse Mortgage?
Replies: 13
Views: 1015

Re: Inheritance - Buy House then Reverse Mortgage?

... While the SPIA idea is interesting, I'm not sure how that could be done in the context of the funds sitting in an inherited IRA unless she were to liquidate it and pay the associated tax. I'm sure I'm missing some nuance here. ... One can buy an SPIA inside an IRA. Indeed, IRA really stands for...
by inbox788
Fri Jul 31, 2015 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Selling employee stock options
Replies: 7
Views: 531

Re: Selling employee stock options

Folks, I need some help understanding how to structure the sale of my employee stock options. I hold several grants of 10 year options with my employer with varying amounts of gains and time to expiry. Lets assume that the stock has steadily increased in value over time. So the gains (over strike p...
by inbox788
Fri Jul 31, 2015 3:13 pm
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 2679

Re: Mandatory vehicle collision avoidance systems are coming

Interesting article related to this topic: http://www.bloomberg.com/news/articles/2015-07-30/can-the-insurance-industry-survive-driverless-cars- How apropos the graphic is roadkill. Everyday, drivers run over animals. Imagine the headline when Google Car Kills Thousands of Animals on the highways. ...
by inbox788
Thu Jul 30, 2015 2:54 pm
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 2679

Re: Mandatory vehicle collision avoidance systems are coming

I would disable it if I could. They design these things to benefit the average driver based on studies, but we're not all average, and I truly believe this particular tech makes me less safe. It's a crazy situation, even if it actually made you more safe, not less. What I'm saying is that you would...
by inbox788
Thu Jul 30, 2015 2:34 pm
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 2679

Re: Mandatory vehicle collision avoidance systems are coming

The robotic cars are coming! In 10 years I predict: 1. There will be no more taxi drivers, truck drivers, DMV, or traffic lights/regulations. 2. People won't even own cars anymore (no more car loans or dealerships). All cars will be owned and operated by centralized taxi services. If you want to go...
by inbox788
Wed Jul 29, 2015 3:42 pm
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 2679

Re: Mandatory vehicle collision avoidance systems are coming

THRILLED that this is going to happen. We also should have mandatory breathalyzers or some sort of way to make sure someone isnt drunk. I am glad this is happening. Too many deaths and accidents for dumb reasons. I look around and so many people text while driving. Hope this helps to prevent proble...
by inbox788
Wed Jul 29, 2015 3:28 pm
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 6126

Re: wife got in wreck with Honda CRV - no collison coverage

The interesting thing about the snapshot algorithm is the only driver input* it dings you for is hard braking. In other words, Progressive doesn't care about your rate of acceleration, top speed or cornering g forces, their data shows that a simple sort of the people who are inattentive enough that...
by inbox788
Wed Jul 29, 2015 11:53 am
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 2679

Re: Mandatory vehicle collision avoidance systems are coming

Sorry, but I just don't believe that the car manufacturers won't find some way to cleverly pass this added cost on to the buyer. All the time gerrymandering the paperwork in their usual sneaky ways to fool the gubmint that they aren't really doing so. Bull. Horse Puckey. And all the rest. :x :annoy...
by inbox788
Wed Jul 29, 2015 11:24 am
Forum: Personal Consumer Issues
Topic: Need car for 6 months a year. Best ideas?
Replies: 16
Views: 1246

Re: Need car for 6 months a year. Best ideas?

It seems a shame to let a car sit for 6 months while I'm working afar. There is a service that will drive it a bit once a week ($100 per month - but they know what they're doing). My car is an older model and I "need" a bit more bizzazz and was thinking of a new car when this problem hit ...
by inbox788
Wed Jul 29, 2015 2:30 am
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 2679

Re: Mandatory vehicle collision avoidance systems are coming

The NTSB has called for collision avoidance systems to be included in new vehicles at no additional cost to buyers. I just drove a 2016 Honda Pilot and learned that even the base model of this vehicle includes forward collision mitigation as standard equipment. Surprised and pleased, considering th...
by inbox788
Tue Jul 28, 2015 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1154

Re: Setting up new portfolio

Financial services mutual fund AKA a sector fund that focuses on financial service related companies. Holdings could include: banks, brokerage firms, insurance companies, title insurance, real estate related firms, private equity firms, etc. all in the business of "facilitating the flow and cr...
by inbox788
Tue Jul 28, 2015 8:24 pm
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 6126

Re: wife got in wreck with Honda CRV - no collison coverage

TomatoTomahto, thanks for letting me know that Volvos now have state of the art collision avoidance features. I haven't been in one/seen one for years so I didn't know how they had changed. https://www.cars.com/articles/2013/12/volvos-safety-system-detects-pedestrians-cyclists/ I hope this kind of ...
by inbox788
Tue Jul 28, 2015 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Setting up new portfolio
Replies: 17
Views: 1154

Re: Setting up new portfolio

My dad is a stockbroker and is adamant on putting all of it into a financial services mutual fund, but I just wouldn't be able to sleep at night doing that..... What's a "financial services mutual fund"? I would have thought Vanguard qualified. Index funds are mutual funds. Or you can cho...
by inbox788
Tue Jul 28, 2015 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Medical Student Investor
Replies: 13
Views: 1307

Re: Medical Student Investor

2. I was speaking with a Fidelity “Financial Advisor” when I was attempting to set all of this up and he continually warned against using all Spartan Funds for the 401(k) and suggested other Index Funds (all with slightly higher expense ratios). Was he simply trying to sell another product or is th...
by inbox788
Tue Jul 28, 2015 1:24 pm
Forum: Personal Consumer Issues
Topic: garage door opener resuscitation possible?
Replies: 23
Views: 945

Re: garage door opener resuscitation possible?

Do you still have its manual? The manual could have a clue. What is the make/model? Google for the manual online. Sometimes it's a common problem and you can find a simple solution by googling symptoms, especially if the model is included, you may get more specific help. http://customoverheaddoors....
by inbox788
Tue Jul 28, 2015 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Recent windfall - Currently 95% of assets in single stock - Tax and asset allocation advice appreciated
Replies: 79
Views: 5136

Re: Recent windfall - Currently 95% of assets in single stock - Tax and asset allocation advice appreciated

4% annualized return is not good enough IMO. If a bank were only making a mortgage to a single person and there were no federal guarantees or bailouts, do you think they'd only charge 4%? OP would essentially be lending this one company $500K in the hopes of making an extra $20K. It's EXTRA 4%. Ban...
by inbox788
Tue Jul 28, 2015 12:47 pm
Forum: Personal Consumer Issues
Topic: Low mileage oil change
Replies: 35
Views: 3483

Re: Low mileage oil change

First off there is no need to guess. You can send your oil off for analysis. Blackstone labs is one such company. There really isn't a single rule of thumb. Engines are different, and even respond differently to differnt oil. Some are fine to not change oil for years on low mileage vehicles, some n...
by inbox788
Tue Jul 28, 2015 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Recent windfall - Currently 95% of assets in single stock - Tax and asset allocation advice appreciated
Replies: 79
Views: 5136

Re: Recent windfall - Currently 95% of assets in single stock - Tax and asset allocation advice appreciated

There is no way I would risk $500K to save $20K on taxes. That's a 4% annualized return! Everyday, folks take the possibility of a 30-50% haircut on the goal of 4% SWR. I like the risk/reward of the substantial tax savings, not to mention the possible appreciation of the individual stock. Based on ...
by inbox788
Tue Jul 28, 2015 11:06 am
Forum: Personal Finance (Not Investing)
Topic: New Car - Cash or Finance?
Replies: 32
Views: 2333

Re: New Car - Cash or Finance?

The best time to borrow money is when you don't have to. It depends on whether you want to take the risk that the investment might drop in value, and whether you really want to have all that money tied up in a depreciating asset where you can't get to it in an emergency. ... On the other hand, if y...
by inbox788
Tue Jul 28, 2015 10:54 am
Forum: Personal Consumer Issues
Topic: Durability of consumer goods
Replies: 44
Views: 2425

Re: Durability of consumer goods

You've had good longevity. I go through laptops and phones about ever 3 years and sometimes shorter. That's fast! Do you use business or retail laptops? I find that business notebooks are sturdier and better built and always buy those catered to professionals (the ones that don't have glossy screen...
by inbox788
Tue Jul 28, 2015 10:35 am
Forum: Personal Consumer Issues
Topic: Durability of consumer goods
Replies: 44
Views: 2425

Re: Not possible

Get something with 90,000 miles threadlife warranty like this: http://www.michelinman.com/US/en/tires/products/defender.html Not possible. Bibendum says: Audi A3 2007 2.0T MICHELIN Pilot® Sport A/S 3 Ultra-High Performance Sport - $183 USD 45000 miles / 6 years I drive like an old man (oh, wait, I ...
by inbox788
Tue Jul 28, 2015 2:03 am
Forum: Personal Consumer Issues
Topic: Durability of consumer goods
Replies: 44
Views: 2425

Re: Durability of consumer goods

5 years for tires would be fine for me but not for someone who puts a lot of miles on their vehicles. Get something with 90,000 miles threadlife warranty like this: http://www.michelinman.com/US/en/tires/products/defender.html I won't go down the entire list, but for the two items I use the most ou...
by inbox788
Tue Jul 28, 2015 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Recent windfall - Currently 95% of assets in single stock - Tax and asset allocation advice appreciated
Replies: 79
Views: 5136

Re: Recent windfall - Currently 95% of assets in single stock - Tax and asset allocation advice appreciated

2. get out of as much of this stuff as fast as you can *Even* if it means paying (some) more tax. Right now you don't have wealth, you have a zero diversification asset. I would not count any of this money as money until realized. 3. the threat to lower the stock price is quite real*. What I would ...
by inbox788
Mon Jul 27, 2015 11:58 pm
Forum: Investing - Theory, News & General
Topic: Help buying LEAPs
Replies: 26
Views: 2151

Re: Help buying LEAPs

On the rare occasions that I buy LEAPs, I always do so with a limit order that is significantly less than current bid price. If the stock goes down, then my order may fill. If it does not go down, then I am not out anything. I am more inclined to sell covered LEAPs, but again I only do so with a li...
by inbox788
Sun Jul 26, 2015 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Lesson learned about RBD [Really Bad Day]
Replies: 29
Views: 2534

Re: Lesson learned about RBD [Really Bad Day]

The re-balance was to keep my AA at my desired 55/45. I did that in my tax sheltered account by selling stocks and bought more bonds in that account. I wanted tax efficient funds in the taxable and went with total stock market admiral and total international admiral. That explains the re-balance pa...
by inbox788
Sun Jul 26, 2015 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation
Replies: 9
Views: 847

Re: 529 Asset Allocation

Glidepath or 60/40, or all other AA theories have no meaning when in any year (stock+bond) market can go down 30-40% during recession. Think of year 2008-09-10 and then takes 5 more years to recover. When child is ready to goto college keep 100% in moneymarket/cash (not even bond funds). You may lo...
by inbox788
Sat Jul 25, 2015 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Lesson learned about RBD [Really Bad Day]
Replies: 29
Views: 2534

Re: Lesson learned about RBD [Really Bad Day]

I have learned many things from this Forum, but some things just have to have to hit you in the face to get the point. I received a trust distribution that I needed to invest in my new taxable account with Vanguard. The amount 150K was adjusted in my 401K account to keep my AA of 55/45 on track. So...
by inbox788
Sat Jul 25, 2015 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3422

Re: Inexperienced Trustee

As mentioned above, it would be a good idea for any inexperienced trustee to consult their own attorney regarding obligations and legal hazards. There certainly needs to be a discussion about the 6% returns. As also mentioned, managing taxes might justify consulting a tax accountant. The attorney m...
by inbox788
Sat Jul 25, 2015 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 30
Views: 1489

Re: Asset allocation / rebalancing with very small portfolio

One reason I don't want to fund the 401k beyond enough to max the match is it's a Fidelity thing, and the investment choices are limited and have high MERs. Vanguard ETFs have much lower MERs. I guess I can see how a Roth would make sense. It's possible I won't actually need to pull money out in th...
by inbox788
Sat Jul 25, 2015 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation
Replies: 9
Views: 847

Re: 529 Asset Allocation

I'm 100% US equities with > 5 years remaining. My general philosophy is to globally manage my portfolio, so if there is a need for bonds, I'll allocate them elsewhere (i.e. retirement accounts) where they may be more tax efficient. I count all 529 funds in my overall 70/30 AA. I haven't figured out ...
by inbox788
Wed Jul 22, 2015 7:37 pm
Forum: Investing - Theory, News & General
Topic: Does how often you check your portfolio correlate with returns
Replies: 35
Views: 2662

Re: Does how often you check your portfolio correlate with returns

Note not only is the pain of a loss on average twice the joy of equal gain the ratio worsens as the dollar amounts increase (decreasing marginal utility of wealth). So the wealthier you are the worse that ratio gets---and btw-that's another and important explanation for the "equity risk premiu...
by inbox788
Wed Jul 22, 2015 1:23 pm
Forum: Investing - Theory, News & General
Topic: Does how often you check your portfolio correlate with returns
Replies: 35
Views: 2662

Re: Does how often you check your portfolio correlate with returns

There's no way to accurately tell. I don't think I feel twice as much pain going down as up, and minor up/down (less than 1% days) don't do much for me either way, but I know my dividends are still growing. The index published doesn't take into account dividends which over time diverge from actual. ...
by inbox788
Wed Jul 22, 2015 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Physician: Which Job to Choose
Replies: 32
Views: 3541

Re: Physician: Which Job to Choose

I think my wife prefers option #1, but is open to #2 and #3. Our child is 16 months old (with another on the way) so having family close by would be really helpful but I can already see as our children grow older it may be OK to have a little more distance. The school issue is amazingly stressful t...
by inbox788
Mon Jul 20, 2015 3:31 am
Forum: Personal Consumer Issues
Topic: Car Questions
Replies: 15
Views: 1480

Re: Car Questions

It looks to me like you've got decent income coming up with new job, but need a reliable car to get to work. I wouldn't jeopardize that with worries about breaking down or getting stuck on the side of the road unable to get to work or being pulled over over registration issues. You have a cash flow ...
by inbox788
Mon Jul 20, 2015 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Considering Life Insurance Overfund as Short-Term Investment
Replies: 18
Views: 1447

Re: Considering Life Insurance Overfund as Short-Term Investment

This is directly from the in-force illustration the insurance-provider gave me: Contribution Date Max Contribution Amount 2/28/16 $16,383.00 Guaranteed balance on 3/1/20 is $19,491.00 Thanks for the details. It does appear that you can "invest" in your life insurance policy and get a near...
by inbox788
Sun Jul 19, 2015 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with "new" money
Replies: 9
Views: 1413

Re: What to do with "new" money

Same thing you did with "old" money! Funny how people answer differently based on how things are phrased. You have money in a savings account. Do you go to the ATM and withdraw $20 and spend it? Probably not. What if you found $20 in the street? Sure, it's "new" money. Now, yeste...
by inbox788
Sun Jul 19, 2015 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for ~$5k? Need low risk
Replies: 15
Views: 1408

Re: Best place for ~$5k? Need low risk

Needs to be low risk, and cannot have penalties in case it needs withdrawal. Like an emergency fund. (PS. This is for my brother - I have talked to him at length about investing, but he would rather stuff cash into a mattress.) IMO, savings account and CDs are FDIC insured, so essentially NO risk. ...
by inbox788
Sat Jul 18, 2015 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Considering Life Insurance Overfund as Short-Term Investment
Replies: 18
Views: 1447

Re: Considering Life Insurance Overfund as Short-Term Investment

...I estimate that I will have approximately $42,000... ... I have the option of overfunding my Life Insurance policy up to $30,000. With dividends I wonder if I could achieve about 3.5% on the money over a 5-year period while limiting market-risk, and also providing me the option, if I needed, of ...
by inbox788
Fri Jul 17, 2015 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Option Advice
Replies: 5
Views: 599

Re: Employee Stock Option Advice

It's worth a little time value. Just take a look at the Jan 17 35 or 37.5 puts trading for around $0.60. Your option might be worth about a buck. https://ca.finance.yahoo.com/q/op?s=MDT&m=2017-01 What your current tax bracket? And for each of the next few years? Any tax benefit or harm to sell n...
by inbox788
Tue Jul 14, 2015 11:28 am
Forum: Personal Consumer Issues
Topic: Cost of Routine Dental Cleanings
Replies: 50
Views: 4092

Re: Cost of Routine Dental Cleanings

My hygienist actually feels around my jaw, under my tongue, in the soft tissue areas with her fingers for around 30 seconds. When the dentist comes in at the end she reports "oral cancer screening was negative." Couldn't this possibly detect something and save a life one day? Mike NO! Bla...
by inbox788
Mon Jul 13, 2015 10:27 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4562

Re: Builder wants to put a retaining wall on my property

I would suspect that part of the need for a retaining wall is that they will be excavating the land on the other side for the parking and access. That can be is trickier than it might sound and it is possible that the hill could slump during the construction or after and damage or destroy your hous...
by inbox788
Sat Jul 11, 2015 7:23 pm
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 8577

Re: The Brainwashing of the American Investor

This guy is an outlier or taking advantage of mis-priced marketplace. Assume for a minute that he actually was onto something and was able to sustain this advantage. Everyone adopts this strategy so competitive forces drive the advantage away. If everyone copied what he did, or just a lot of people,...
by inbox788
Sat Jul 11, 2015 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Hassle of Inheriting a Brokerage Account"
Replies: 19
Views: 2929

Re: WSJ: "Hassle of Inheriting a Brokerage Account"

But they did make some sales commissions on the various tasks as some stocks were sold before they were transferred to save taxes . Was selling the stocks required to get the step-up basis? I always thought you could do this without selling, and just documenting the transfer date and use the cost o...
by inbox788
Sat Jul 11, 2015 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3885

Re: Choosing to go with a Robo-Advisor and If so, which one?

From this discussion and looking at the options, I think Schwab is the least of all evils, but I'd avoid them all entirely and stick with 3 fund portfolio. https://intelligent.schwab.com/ Check out the graph on TLH that shows " Account Value " grows with TLH. But be careful: future sale of...
by inbox788
Sat Jul 11, 2015 6:20 pm
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 49
Views: 3728

Re: Indexing vs Active Stock Selection

Now I understand the odds of picking winners like this aren't very good (especially for me), but it was kind of an eye-opener at how certain people are in the right place at the right time with regards to what company they work for and the benefits that are available (think Microsoft in the early d...
by inbox788
Sat Jul 11, 2015 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage - 30 year or 15 year?
Replies: 56
Views: 4895

Re: Mortgage - 30 year or 15 year?

Given that the 30 and 15 year rates are relatively close it makes sense to get a 30 year loan just to play it safe. You never know what calamities can happen. So first build up a 6 month emergency fund, then given your much larger than average income, the smart thing to do is max out your 401k/SEP,...
by inbox788
Sat Jul 11, 2015 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance--- term
Replies: 17
Views: 1249

Re: Life Insurance--- term

What do you mean by "best credit quality"? Do it mean for $1900-1500=400, there's better chance Metlife doesn't go bankrupt compared to Guardian in the next 30 years? Or are there other benefits for the $400 difference? If I only had to choose between the two, I'd take my chances and save ...
by inbox788
Sat Jul 11, 2015 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to invest in OIL
Replies: 58
Views: 3713

Re: Best way to invest in OIL

This is long term retirement, i don't need this for next 20-30 years... I was thinking maybe putting ~20-40K in energy... I have been called out for timing in earlier posts... whatever it is... my point of view is.. I wanted some energy in portfolio (it is Real Estate heavy)... and suddenly what i ...
by inbox788
Sat Jul 11, 2015 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to invest in OIL
Replies: 58
Views: 3713

Re: Best way to invest in OIL

larmewar wrote:I have $3K in VGENX, remnant of late 90s purchases as inflation hedge. Overall, underweight energy.

How are you underweight energy? Are you overweight some other sector?

Typical 3 fund portfolio plus extra VGENX would be slightly overweight energy.

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