Search found 5011 matches

by leonard
Fri Aug 28, 2015 7:42 pm
Forum: Investing - Theory, News & General
Topic: Why doesn't the 3 fund portfolio have TIPS?
Replies: 35
Views: 2080

Re: Why doesn't the 3 fund portfolio have TIPS?

That'd be a 4 fund portfolio.
by leonard
Fri Aug 28, 2015 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Dear In-Laws: Less toys, more 529
Replies: 58
Views: 4284

Re: Dear In-Laws: Less toys, more 529

Pretty sure I contributed to a similar thread recently. We have the same issue, it is compounded by the fact that my in-laws are in financial dire-straits, we've already helped them significantly and they are likely going to be moving in with us within the next 6-12 months. As far as we are concern...
by leonard
Wed Aug 26, 2015 8:16 pm
Forum: Personal Consumer Issues
Topic: I need a classic men's black dress belt
Replies: 38
Views: 2971

Re: I need a classic men's black dress belt

I go through a belt every 3-6 months. I'm tired of them peeling and getting permanent folds from being so inflexible when I go to buckle it I want a very flexible, high quality belt that won't show permanent folds just from normal use. Any recommendations? This will be my every day work belt and al...
by leonard
Fri Aug 21, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Help Me Understand His Investing Strategy
Replies: 75
Views: 8182

Re: Dave Ramsey - Help Me Understand His Investing Strategy

figure out how you got to here. How I got here? I didn't put forth premise - I just applied logic. This post seems a brush off and avoiding clear logic with a "read above" response as if I am not comprehending. So, I'll be off. It's not a premise, it's a fact that some people have beliefs...
by leonard
Thu Aug 20, 2015 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing: Investing with friend
Replies: 56
Views: 2162

Re: New to investing: Investing with friend

Good Evening. I am brand new to investing. I graduated from college this past December and immediately began my career in January. Recently, I have began researching investment options. I will soon be eligible for my companies 401k, which offers a 3% match. However, it is a 5 year vesting program. ...
by leonard
Thu Aug 20, 2015 7:21 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Help Me Understand His Investing Strategy
Replies: 75
Views: 8182

Re: Dave Ramsey - Help Me Understand His Investing Strategy

JoMoney wrote:figure out how you got to here.


How I got here? I didn't put forth premise - I just applied logic.

This post seems a brush off and avoiding clear logic with a "read above" response as if I am not comprehending. So, I'll be off.
by leonard
Wed Aug 19, 2015 9:43 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Help Me Understand His Investing Strategy
Replies: 75
Views: 8182

Re: Dave Ramsey - Help Me Understand His Investing Strategy

... You're inserting ambiguity where there is none. A company I own receives interest, I receive interest. Period. It's not a "different type" of interest or anything else. Sure. I'm not an expert on this. If you're interested in the concept, I suggest you read more on Islamic finance and...
by leonard
Wed Aug 19, 2015 8:38 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Help Me Understand His Investing Strategy
Replies: 75
Views: 8182

Re: Dave Ramsey - Help Me Understand His Investing Strategy

... If one own's stock in a company that earns interest, they earn interest. 100% stock allocation doesn't alleviate the "problem" of earning interest. Right, and all modern currencies are implicitly debt instruments, so there's all sorts of gray areas depending where someone wants to dra...
by leonard
Wed Aug 19, 2015 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: How to spend more and not feel bad about it
Replies: 56
Views: 5511

Re: How to spend more and not feel bad about it

Why does enjoying life necessarily imply spending money?

Consider the possibility you may spend more and still not enjoy life or be happier. You would then be out the money and no further toward the goal.
by leonard
Wed Aug 19, 2015 8:26 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Help Me Understand His Investing Strategy
Replies: 75
Views: 8182

Re: Dave Ramsey - Help Me Understand His Investing Strategy

... If one own's stock in a company that earns interest, they earn interest. 100% stock allocation doesn't alleviate the "problem" of earning interest. Right, and all modern currencies are implicitly debt instruments, so there's all sorts of gray areas depending where someone wants to dra...
by leonard
Sat Aug 15, 2015 7:38 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey - Help Me Understand His Investing Strategy
Replies: 75
Views: 8182

Re: Dave Ramsey - Help Me Understand His Investing Strategy

Another note, as nisiprius mentioned above, is that there are people out there who have convictions (religious or otherwise) against debt in the form of swearing oaths/bonds. Some of the more common examples in modern times would be with Islamic Banking/Finance, but it's something that was more wid...
by leonard
Sat Aug 15, 2015 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Orphaned 401k Rollover
Replies: 11
Views: 913

Re: Orphaned 401k Rollover

Make it a personal policy that - every time you leave an employer - you automatically roll to an IRA. That way you have a set game plan that you can simply execute on - and not have to reanalyze the question each time. There are enough other things to worry about when switching employers - put the 4...
by leonard
Sat Aug 15, 2015 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Animal cruelty free mutual Funds
Replies: 37
Views: 2345

Re: Animal cruelty free mutual Funds

Hello friends, I have a friend who works for a company which provides her a 401(k) with matching through Fidelity. She currently is participating in the program and getting free money for retirement from her job for doing so. She firmly believes in not supporting any company which participates in a...
by leonard
Fri Aug 07, 2015 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Contracting and time off
Replies: 10
Views: 927

Re: Independent Contracting and time off

I have done consulting - though I did it through a consulting company - but similar situation. Negotiating this with customers can be tricky. Some customers will say what they think they "should" or "supposed to" say, when they don't actually mean it. So, you have experience with...
by leonard
Fri Aug 07, 2015 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: I need "Ultra High Net Worth" investing advice please
Replies: 235
Views: 27178

Re: I need "Ultra High Net Worth" investing advice please

Ken, Depending on the complexity of your investment portfolio, I believe you should be able to have a management fee between 0.1-0.3%. I would also beware of internal fees associated with funds that you may be invested in. Hopefully you found a manager that would invest in individual stocks and bon...
by leonard
Fri Aug 07, 2015 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Contracting and time off
Replies: 10
Views: 927

Re: Independent Contracting and time off

I have been working as an independent contractor for a couple of years now. Since I was planning to retire soon I have just been working and really taking no time off besides corporate holidays. Well I decided I needed to start taking some time off before I become a crispy critter, so I asked my em...
by leonard
Wed Jul 29, 2015 4:40 pm
Forum: Personal Consumer Issues
Topic: Can you return food at a restaurant and not have to pay for it?
Replies: 46
Views: 4458

Re: Can you return food at a restaurant and not have to pay for it?

I didn't make it past the $20 sandwich. $20? Really?
by leonard
Wed Jul 29, 2015 4:33 pm
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 5979

Re: 50/50 asset allocation

Tax Managed Balanced Fund might be another to consider - depending on tax rate and taxable vs tax advantaged holding balances.
by leonard
Wed Jul 29, 2015 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Independent Contractor (IC) vs. Regular Employee (RE)
Replies: 11
Views: 763

Re: Independent Contractor (IC) vs. Regular Employee (RE)

Hi All, I have an employment offer where the firm is offering either a regular employee (RE) status or independent contractor (IC) status. They are entirely indifferent what I choose, but consider the flexibility as a 'benefit' of joining the firm. Both are 'at-will' contracts. The only difference ...
by leonard
Wed Jul 29, 2015 4:14 pm
Forum: Investing - Theory, News & General
Topic: Why is stock market so reactionary to news on daily basis?
Replies: 46
Views: 2886

Re: Why is stock market so reactionary to news on daily basis?

Stocks prices reflect the information available to price them.

New information becomes available daily. Thus, stock prices change daily.

It would be weird if the market didn't react to new information.
by leonard
Tue Jul 28, 2015 8:45 pm
Forum: Personal Consumer Issues
Topic: Home Window Replacement - Recommendations (Southwest)?
Replies: 13
Views: 899

Re: Home Window Replacement - Recommendations (Southwest)?

It would help if responders would put their location when responding. It would help the OP know what part of the country is being talked about and for other reasons such as Milgard is only available in certain parts of the country and knowing the weather conditions for the responders area. :idea: T...
by leonard
Sat Jul 25, 2015 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Doc changing last name
Replies: 23
Views: 3637

Re: Doc changing last name

Little benefit to changing it.

A lot of work to change it. Zero work if she doesn't.

Don't change it.
by leonard
Sat Jul 25, 2015 12:26 pm
Forum: Personal Consumer Issues
Topic: Home Window Replacement - Recommendations (Southwest)?
Replies: 13
Views: 899

Re: Home Window Replacement - Recommendations (Southwest)?

Just recently went through this process and purchased Milgard Windows (built locally) from a local Window Contractor. I'd suggest: 1. Check out the new "4th Surface" energy efficient windows that add a coating on the inside of the glass - the glass that faces the inside of the house. That'...
by leonard
Thu Jul 23, 2015 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a cup-with-handle pattern?
Replies: 29
Views: 2357

Re: Is this a cup-with-handle pattern?

More of a mid century tureen pattern.

Check out the wiki here.
by leonard
Thu Jul 23, 2015 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 1943

Re: How long does a company have to deposit withheld 401k funds?

Report to a government agency or simply ask her if you can help with the workload - specifically the 401k remittance. People wear many hats in small companies, maybe you can offer to help. BTW - it's extremely easy to have the 401k remittances happen on the same day as payroll or maybe the next occ...
by leonard
Thu Jul 23, 2015 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 82
Views: 11564

Re: The Good the Bad and the Ugly of real estate

It's a bad idea to take a several hundred thousand dollars or an equivalent asset and leave it with complete strangers. Hmmmm....isn't that largely what you do when you buy shares of a company (or multiple companies)? Hmmmmmm.... I buy indexes - which buy many companies - thus diversifiying the ris...
by leonard
Thu Jul 23, 2015 12:06 am
Forum: Personal Finance (Not Investing)
Topic: How long does a company have to deposit withheld 401k funds?
Replies: 19
Views: 1943

Re: How long does a company have to deposit withheld 401k funds?

Report to a government agency or simply ask her if you can help with the workload - specifically the 401k remittance. People wear many hats in small companies, maybe you can offer to help. BTW - it's extremely easy to have the 401k remittances happen on the same day as payroll or maybe the next occa...
by leonard
Wed Jul 22, 2015 11:56 pm
Forum: Investing - Theory, News & General
Topic: Pros and cons of adding Roth Option to 401K Plan
Replies: 94
Views: 5546

Re: Pros and cons of adding Roth Option to 401K Plan

I work with employees on a 401k that has both traditional and Roth options.

Surprisingly, the Roth option doesn't create much if any confusion.
by leonard
Wed Jul 22, 2015 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: What's better: Lower Fees or Higher Potential Growth?
Replies: 20
Views: 1686

Re: What's better: Lower Fees or Higher Potential Growth?

Low Fees are important. But, so is diversification and following your asset allocation plan. Simply substituting one fund of lower ER for another - without respect to the asset allocation - isn't the right answer.
by leonard
Wed Jul 22, 2015 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: I'm a spender?
Replies: 44
Views: 5868

Re: I'm a spender?

I would appreciate any advice from people who relate to this, or have gone through the phase I'll describe. I am a young physician fortunate to have a high income of just under $400k. I graduated from residency with significant debt, mainly student loans from med school, and have steadily seen my n...
by leonard
Wed Jul 22, 2015 5:19 pm
Forum: Investing - Theory, News & General
Topic: DFA to run ETFs for John Hancock
Replies: 29
Views: 3668

Re: DFA to run ETFs for John Hancock

DFA isn't public facing. They have the whole adviser network thing for access to mutual funds. By just playing investment manager for John Hancock, they can avoid client interactions and support, like marketing, whatever that's worth for an ETF. ETF's are bought and sold securities. Information abo...
by leonard
Wed Jul 22, 2015 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does my estate planning attorney need to know net worth?
Replies: 16
Views: 2797

Re: Does my estate planning attorney need to know net worth?

Hello, We are finally getting around to our estate planning with a local attorney who specializes in trusts. He sent us a questionnaire to fill up which asks us about a list of our assets and how much we have in each account. I'm wondering why we need to reveal our net worth? The estate planning in...
by leonard
Mon Jul 20, 2015 8:21 pm
Forum: Investing - Theory, News & General
Topic: DFA to run ETFs for John Hancock
Replies: 29
Views: 3668

Re: DFA to run ETFs for John Hancock

Why would DFA sign up for a branding exercise? :moneybag Plus, having another intermediary John Hancock that doesn't do anything that DFA couldn't do themselves is just more expense. Why would they (JH or DFA) care, they are spending someone else's money :twisted: My point is that DFA could pocket ...
by leonard
Mon Jul 20, 2015 8:19 pm
Forum: Investing - Theory, News & General
Topic: Frontier Markets - 5% of portfolio?
Replies: 51
Views: 3342

Re: Frontier Markets - 5% of portfolio?

A 5% allocation to any asset class isn't going to effect the outcome of your portfolio materially, so is really not worth the effort. I tend to draw the line at 5%, but the same argument could be used at 2% or 10% or whatever. It's a continuous variable. There isn't actually a line where something ...
by leonard
Sat Jul 18, 2015 2:07 pm
Forum: Personal Consumer Issues
Topic: Wedding Reception
Replies: 68
Views: 8665

Re: Wedding Receiption

I had no idea that people put so much thought in to - or taken so much offense at - having a cash bar at a wedding.

Cash bar is tacky? I consider it tacky to have been served a meal, non-alcoholic drinks, AND perhaps some alcoholic drinks - and then complain that the rest of the alcohol is not free.
by leonard
Sat Jul 18, 2015 1:56 pm
Forum: Investing - Theory, News & General
Topic: Frontier Markets - 5% of portfolio?
Replies: 51
Views: 3342

Re: Frontier Markets - 5% of portfolio?

A 5% allocation to any asset class isn't going to effect the outcome of your portfolio materially, so is really not worth the effort.
by leonard
Sat Jul 18, 2015 1:51 pm
Forum: Investing - Theory, News & General
Topic: DFA to run ETFs for John Hancock
Replies: 29
Views: 3668

Re: DFA to run ETFs for John Hancock

Why would DFA sign up for a branding exercise?

Plus, having another intermediary John Hancock that doesn't do anything that DFA couldn't do themselves is just more expense.
by leonard
Sat Jul 18, 2015 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advisors
Replies: 12
Views: 1228

Re: Advisors

What kind of professional assistance do you employ in finance, taxes, and investing? I have always filed my own taxes and managed my own finances, but in the last few years my life got a bit more complicated. I got married, have two kids, bought a house, and graduated from school. I am new to this ...
by leonard
Sat Jul 18, 2015 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Need help deciding whether to roll over old 401k
Replies: 3
Views: 246

Re: Need help deciding whether to roll over old 401k

Changing jobs can be stressful. I would suggest having an automatic process of rolling the old 401k to one of your IRA's. With VG, you can simply call them and they will walk through it over the phone, actually initiating the request. So, any time you change jobs and have to handle an old 401k, you ...
by leonard
Sat Jul 18, 2015 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: losing money on a house....how do Bogleheads deal with it emotionally?
Replies: 76
Views: 6187

Re: losing money on a house....how do Bogleheads deal with it emotionally?

What's changed in the last year? Without understanding this - you may spend a bunch on moving and end up in a the same or worse situation.
by leonard
Fri Jul 17, 2015 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: The Good the Bad and the Ugly of real estate
Replies: 82
Views: 11564

Re: The Good the Bad and the Ugly of real estate

It's a bad idea to take a several hundred thousand dollars or an equivalent asset and leave it with complete strangers.
by leonard
Fri Jul 17, 2015 9:48 pm
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 3918

Re: Indexing vs Active Stock Selection

Yes. Occasionally people get lucky.
by leonard
Fri Jul 17, 2015 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should severance be allowed to reduce emergency fund?
Replies: 23
Views: 2210

Re: Should severance be allowed to reduce emergency fund?

You may or may not get RIF'ed. You may get fired for something - who knows? so risky. The company may not offer any severance - they may go bankrupt, they may simply change policy. Risk. If they offer severance, the accrual may be a much lower severance amount. Again, Risk. And, even if you were goi...
by leonard
Mon Jul 13, 2015 8:46 pm
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 8701

Re: The Brainwashing of the American Investor

PJW...come on now.You are a very intelligent person and you know very well that there are many people on this forum who are very quick to treat anything different from pure bogleheadism with a just a little bit of smugness.It is great to believe in Bogle and like I said 1000 times it is the best wa...
by leonard
Mon Jul 13, 2015 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Having Trouble buying big ticket item
Replies: 57
Views: 4620

Re: Having Trouble buying big ticket item

At $7k - it matters what it is. So, what is it?
by leonard
Sat Jul 11, 2015 11:50 am
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 8701

Re: The Brainwashing of the American Investor

What about the instances where it is cheaper from a tax perspective to generate that cash flow by selling shares - instead of being forced to take the cash flow as "income"?
by leonard
Fri Jul 10, 2015 7:16 pm
Forum: Investing - Theory, News & General
Topic: "Helping Your Parents Financially"
Replies: 62
Views: 7854

Re: "Helping Your Parents Financially"

I must live in a different universe (thankfully). I would never speak of my parents using this kind of grotesque and disgusting language: "The first point I want to make is that you probably don’t have to do squat. It is unfair for a parent to bring a child into the world primarily to pay thei...

Go to advanced search