Search found 4264 matches

Return to advanced search

Re: AA canceled flight: premium seat fee not refunded

Did you pay via Credit Card?

If so, you didn't receive the product you paid for. You should contest the charge with your CC company.
by leonard
Wed Oct 29, 2014 2:13 pm
 
Forum: Personal Consumer Issues
Topic: canceled flight on AA: premium seat fee not refunded
Replies: 29
Views: 1871

Re: Men's Personal Hygiene Products

Looking to upgrade my products a little from basic drug store products without breaking the bank. Anyone have any recommendations for products or lines of products(shampoo, bodywash, shaving cream, etc.)? Mama Bears Shave Soap. Omega or Semogue Shave Brush. Muele or other similar DE Shaving. Good q...
by leonard
Wed Oct 29, 2014 12:09 pm
 
Forum: Personal Consumer Issues
Topic: Men's Personal Hygiene Products
Replies: 37
Views: 2751

Re: Money saved by buying a hybrid or electric car?

For example, if it at work for 7-8 hours charging from a wall outlet, you will get more than enough charge from a wall socket to get you home. The added benefit is that their are probably billions of "charging stations" when you think of the number of standard outlets available to you. Oh...
by leonard
Wed Oct 29, 2014 12:01 pm
 
Forum: Personal Consumer Issues
Topic: Money saved by buying a hybrid or electric car?
Replies: 20
Views: 1285

Re: fleeced by an adviser, is there a recourse?

Before discovering this amazing Bogleheads philosophy, I was investing with a UBS adviser. I was carried away by his "vice president" title, the memento in his office where he is recognized for bringing in billion dollars in investments and most importantly his gentlemen-ish demeanor as h...
by leonard
Tue Oct 28, 2014 4:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: fleeced by an adviser, is there a recourse?
Replies: 73
Views: 6126

Re: I Strayed From The Path...Forgive Me.

Longtime lurker; newer poster. Last week, I joined LOYAL3 (after hearing about it on a blog written by a regular Seeking Alpha contributor). So infatuated by getting 100% of my stock without paying ANY commission I bought a single share each of BRK.B, DIS, HSY and PEP. Yes, I strayed from the wise ...
by leonard
Tue Oct 28, 2014 4:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: I Strayed From The Path...Forgive Me.
Replies: 34
Views: 5449

Re: Tilted to SV by mistake, should I TLH out of it?

Thanks for your feedback so far. Here are further thoughts 1) I did choose to go with conservative approach by going with 60-40 even though my age, need, willingness, ability say I could go with 70/30. Should I go even more conservative? 2) I believe I have the guts to stick the allocation that my ...
by leonard
Tue Oct 28, 2014 4:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tilted to SV by mistake, should I TLH out of it?
Replies: 37
Views: 1652

Re: Any contrarians for commodity futures?

am wrote:Maybe with the 5% of portfolio used for speculation?


Why would someone intentionally relegate 5% of their portfolio to a non-optimal strategy?
by leonard
Tue Oct 28, 2014 2:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any contrarians for commodity futures?
Replies: 6
Views: 465

Re: Money saved by buying a hybrid or electric car?

I'm planning my next car and wondering: - Whether people have saved money by buying a hybrid or electric car - If yes, how much. Was it through buying less gas and/or tax incentives? - What model you recommend - Any other tips for someone considering a hybrid or electric vehicle. I am considering a...
by leonard
Tue Oct 28, 2014 2:32 pm
 
Forum: Personal Consumer Issues
Topic: Money saved by buying a hybrid or electric car?
Replies: 20
Views: 1285

Re: New appliances - Stainless Steel or not?

EDIT: Do people realize that these are tools and not museum pieces? One of my new leading indicators for knowing if I have too much free time will be whether I am concerned about stainless steels susceptibility to finger prints. So, we buy tools that require less maintenance to look nice and clean,...
by leonard
Tue Oct 28, 2014 2:24 pm
 
Forum: Personal Consumer Issues
Topic: New appliances - Stainless Steel or not?
Replies: 54
Views: 2522

Re: Money saved by buying a hybrid or electric car?

I'm planning my next car and wondering: - Whether people have saved money by buying a hybrid or electric car - If yes, how much. Was it through buying less gas and/or tax incentives? - What model you recommend - Any other tips for someone considering a hybrid or electric vehicle. I am considering a...
by leonard
Tue Oct 28, 2014 1:34 pm
 
Forum: Personal Consumer Issues
Topic: Money saved by buying a hybrid or electric car?
Replies: 20
Views: 1285

Re: Should I buy more REITs?

Hello, I'm using my tax-deferred account for Vanguard's REIT fund (VNQ). At this time, I only have VNQ shares in the account and they make up 17% of my portfolio. My idea for buying VNQ was to get the best of both investing worlds, i.e. total return and income. My taxable accounts are dedicated to ...
by leonard
Tue Oct 28, 2014 12:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I buy more REITs?
Replies: 32
Views: 2945

Re: Paul Merriman criticism?

Paul has posted on BH before - so hopefully he'll come along and provide his perspective.
by leonard
Tue Oct 28, 2014 12:45 pm
 
Forum: Investing - Theory, News & General
Topic: Paul Merriman criticism?
Replies: 49
Views: 2847

Re: Most financially economical choice for a car

I would add a fourth choice: I used car 3-4 years old with less than 10k miles. Identify, car make and model you want. Do this well before you need to replace your old car - so you are not rushed. Then, watch craigslist for a very low mileage, clean condition car. Get it inspected and then negotiate...
by leonard
Tue Oct 28, 2014 12:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Most financially economical choice for a car
Replies: 49
Views: 3530

Re: New appliances - Stainless Steel or not?

EDIT: Do people realize that these are tools and not museum pieces? One of my new leading indicators for knowing if I have too much free time will be whether I am concerned about stainless steels susceptibility to finger prints. So, we buy tools that require less maintenance to look nice and clean,...
by leonard
Tue Oct 28, 2014 12:38 pm
 
Forum: Personal Consumer Issues
Topic: New appliances - Stainless Steel or not?
Replies: 54
Views: 2522

Re: Paul Merriman criticism?

Evidence based isn't a Meriman creation. It's being used by several "DFA Advisers" who promote DFA funds as well as by a certain paid marketing consultant/ghost writer who works with DFA advisers to promote their businesses. Rick I can't tell if you are taking issue with the term "ev...
by leonard
Tue Oct 28, 2014 12:34 pm
 
Forum: Investing - Theory, News & General
Topic: Paul Merriman criticism?
Replies: 49
Views: 2847

Re: Should I buy more REITs?

I'd stick with 10% of equity.
by leonard
Tue Oct 28, 2014 12:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I buy more REITs?
Replies: 32
Views: 2945

Re: Tilted to SV by mistake, should I TLH out of it?

If you are still worrying about how you will react - you need to add enough bonds to make your portfolio conservative enough that you are sure you WILL NOT react. Make it very conservative and see how you react to market pullbacks. If you are okay through a market pullback or 2 - then maybe - maybe...
by leonard
Tue Oct 28, 2014 12:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tilted to SV by mistake, should I TLH out of it?
Replies: 37
Views: 1652

Re: New appliances - Stainless Steel or not?

I can't give a general answer, we don't have any stainless steel appliances, but I will say that our experience is that some of our stainless steel things have been a whole lot more "stainless" than others. There is a wide variety of alloys called "stainless steel." You might tr...
by leonard
Tue Oct 28, 2014 12:11 pm
 
Forum: Personal Consumer Issues
Topic: New appliances - Stainless Steel or not?
Replies: 54
Views: 2522

Re: New appliances - Stainless Steel or not?

Buy whatever they wrap an Induction stove in. In our case - that was a GE stainless. The stainless finish works fine. Not sure why any stainless would be hard to maintain - it's stainless and looks like it. If one buys stainless and expects it to look like something else - well the problem starts ri...
by leonard
Tue Oct 28, 2014 12:08 pm
 
Forum: Personal Consumer Issues
Topic: New appliances - Stainless Steel or not?
Replies: 54
Views: 2522

Re: Tract Home - Things to Watch During Construction

We break ground on our new construction Tract home here in a few weeks. 1) What are the things I should stay on top of during construction? 2) What things should I slip the subconstractor a $100+ to make better/change? Looking for suggestions all the way from add a 2x4 here to put in dual zone HVAC...
by leonard
Tue Oct 28, 2014 12:04 pm
 
Forum: Personal Consumer Issues
Topic: Tract Home - Things to Watch During Construction
Replies: 58
Views: 3962

Re: Tilted to SV by mistake, should I TLH out of it?

I had the same feelings about REIT tilt but it recovered now and so i am not inclined to sell it off to remove the tilt. This is the one really disturbing part of your posting -- you get cold feet when something goes down a little in the short run but then it is ok if it goes back up a little in th...
by leonard
Tue Oct 28, 2014 11:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Tilted to SV by mistake, should I TLH out of it?
Replies: 37
Views: 1652

Re: Paul Merriman criticism?

I use a Merriman-esque portfolio. I think the main downside is complexity. When rebalancing across multiple taxable, IRA, and 401k accounts - it can get more complex than some folks would like. And, I am not convinced that complexity will pay off vs a 3 or 4 fund portfolio. But, I am staying the cou...
by leonard
Tue Oct 28, 2014 11:20 am
 
Forum: Investing - Theory, News & General
Topic: Paul Merriman criticism?
Replies: 49
Views: 2847

Re: your advisor should act like a good doctor

Victoria In investing/finance we can do out of sample tests to see if results hold up.. So you can test A) different time periods B) different geographical regions C) Different countries D) different asset classes The more of these tests that are met the more confident you can be in your results. T...
by leonard
Tue Oct 28, 2014 11:11 am
 
Forum: Investing - Theory, News & General
Topic: your advisor should act like a good doctor
Replies: 29
Views: 2120

Re: Tilted to SV by mistake, should I TLH out of it?

1 to 1 and a half months do not prove or disprove an investment approach.

So, you need to first develop a strategy and then plan to stick to it for the next several decades, without capitulating whenever a sector or stocks in general lose money.
by leonard
Mon Oct 27, 2014 5:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tilted to SV by mistake, should I TLH out of it?
Replies: 37
Views: 1652

Re: your advisor should act like a good doctor

Personal Finance can be made simple, understandable and actionable. Understanding what needs to be done is pretty straightforward - without the use of analogies.

"Physician", "Buckets", and any other analogy simply cloud the issue.
by leonard
Mon Oct 27, 2014 4:58 pm
 
Forum: Investing - Theory, News & General
Topic: your advisor should act like a good doctor
Replies: 29
Views: 2120

Re: Building a New House, Advice please.

Consider building the exterior walls with ICFs: Insulated Concrete Forms. Especially since this will be in Oklahoma where the threat of tornados is high, the difference in cost could be well worth it. Thanks! Thats one of the items on our list to discuss. I'll let you know how it comes out. BW My b...
by leonard
Sat Oct 25, 2014 9:48 pm
 
Forum: Personal Consumer Issues
Topic: Building a New House, Advice please.
Replies: 66
Views: 5538

Re: Calculating Present Value of human capital

So as an exercise, I'm trying to calculate the present value of my human capital. In this sense, it's useful to think of my human capital as a bond that will pay interest payments every year for 40 years, then cease interest payments without paying any principal at the end. So the elements I need t...
by leonard
Sat Oct 25, 2014 9:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Calculating Present Value of human capital
Replies: 7
Views: 881

Re: Bucket Approach Redux

Forgive me for bringing up a topic that's already been beaten to death. But recently I heard a discussion about the "bucket approach" again and I am wondering if I didn't dismiss it prematurely. I dismissed it because I decided (and I THINK the consensus agreed, here) that it was nothing ...
by leonard
Sat Oct 25, 2014 9:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bucket Approach Redux
Replies: 35
Views: 2552

Re: LASTPASS Password Program

Jeez. Two points and I am done with this thread: 1. The more places you store something, the more opportunities for it to be stolen. That seems pretty straightforward to me. 2. Most everything these days has security, encryption, and firewalls. Yet, data breaches happen. I bet every one of those bre...
by leonard
Sat Oct 25, 2014 9:27 pm
 
Forum: Personal Consumer Issues
Topic: LASTPASS Password Program
Replies: 46
Views: 4247

Re: $50,000 in Private Loans for Nursing Degree

Greetings, I am wanting some outside financial perspective prior to entering an accelerated nursing program (Full BSN, not an Associates) that I will be entering in March 2015. I have recently finished reading the bogleheads book and it mentions several times that an educational debt can actually b...
by leonard
Fri Oct 24, 2014 9:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: $50,000 in Private Loans for Nursing Degree
Replies: 34
Views: 3058

Re: Statute of Limitations on Medical Billing?

There is no way for a patient to manage the Billing, AR, and AP between doctors, laboratories, and insurance. It's simply not possible to track everything a doctor does that incurs a bill or charge, let alone that all financial settlements are happening. Plus, timely transaction processing is one of...
by leonard
Fri Oct 24, 2014 8:54 pm
 
Forum: Personal Consumer Issues
Topic: Statute of Limitations on Medical Billing?
Replies: 12
Views: 1739

Re: LASTPASS Password Program

Lastpass is great. It's amazing what you can learn when, instead of bloviating, you read the manual: https://helpdesk.lastpass.com/getting-started/introduction/why-is-lastpass-safe/ Are we to believe that none of the systems that were breached took these measures? BTW - what is the company's own we...
by leonard
Fri Oct 24, 2014 6:06 pm
 
Forum: Personal Consumer Issues
Topic: LASTPASS Password Program
Replies: 46
Views: 4247

Re: LASTPASS Password Program

Large companies like Target must have at least the IT resources that lastpass has. I find it hard to believe that lastpass security around storing the passwords is orders of magnitude difference than companies like Target that are in the news lately. If that was true - target (or whoever) would hav...
by leonard
Fri Oct 24, 2014 4:59 pm
 
Forum: Personal Consumer Issues
Topic: LASTPASS Password Program
Replies: 46
Views: 4247

Re: Time For Me to Kick Wellington Through The Goalpost of L

After all, occasionally managed funds outperform index funds and this issue of a possible bond bubble might be better defended by a good manager. Even if Wellington beat in hindsight - this logic doesn't make sense to me. Even if managed funds occasionally outperform index funds - that still means ...
by leonard
Fri Oct 24, 2014 3:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Time For Me to Kick Wellington Through The Goalpost of Life?
Replies: 43
Views: 4761

Re: LASTPASS Password Program

So, the idea is that having a duplicate set of your User ID's and passwords, consolidated in one place, is more secure? In which case, hackers only need to be successful once to get access to everything. In a way yes, but that one success is much harder to achieve than breaking into much less prote...
by leonard
Fri Oct 24, 2014 2:26 pm
 
Forum: Personal Consumer Issues
Topic: LASTPASS Password Program
Replies: 46
Views: 4247

Re: Thoughts on getting out [of job]

All, Thank you VERY much for the information, insight and alternatives. Some topic points: 1. The Heloc is not needed, simply available IF needed. We have emergency money put aside. The heloc would be an extra emergency. The primary resaon for applying now is that I would not qualify if I quit. My ...
by leonard
Fri Oct 24, 2014 2:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Thoughts on getting out [of job]
Replies: 37
Views: 5038

Re: LASTPASS Password Program

So, the idea is that having a duplicate set of your User ID's and passwords, consolidated in one place, is more secure? In which case, hackers only need to be successful once to get access to everything.
by leonard
Fri Oct 24, 2014 2:06 pm
 
Forum: Personal Consumer Issues
Topic: LASTPASS Password Program
Replies: 46
Views: 4247

Re: Should I Sue? [couch damaged in garage of rental]

Hey Everyone, My wife and I are building a new home but we sold our existing home and needed to move into an apartment for a few months while our home is completed. As you can expect, our apartment is much smaller than our home and we needed to store our large sectional couch in the garage(value ap...
by leonard
Fri Oct 24, 2014 1:32 pm
 
Forum: Personal Consumer Issues
Topic: Should I Sue? [couch damaged in garage of rental]
Replies: 39
Views: 3224

Re: Time For Me to Kick Wellington Through The Goalpost of L

After all, occasionally managed funds outperform index funds and this issue of a possible bond bubble might be better defended by a good manager. Even if Wellington beat in hindsight - this logic doesn't make sense to me. Even if managed funds occasionally outperform index funds - that still means ...
by leonard
Fri Oct 24, 2014 1:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Time For Me to Kick Wellington Through The Goalpost of Life?
Replies: 43
Views: 4761

Re: Do you regret buying your home?

Overall, owning is positive. Big Negatives: 1. Maintenance. I'd invest more up front in maintenance free everything. And, I mean everything. 2. Dealing with Mortgage Companies and Finance process. Despite the challenge - if I did it over, I'd probably save and pay cash to avoid dealing with Mortgage...
by leonard
Thu Oct 23, 2014 2:55 pm
 
Forum: Personal Consumer Issues
Topic: Do you regret buying your home?
Replies: 82
Views: 6766

Re: Creating a 401k for my company through Employee Fiduciar

ERISA Stone wrote:
leonard wrote:So, the IRS is your standard for fiduciary duty? Not mine - I like the standard to be higher and more clear cut.



To be more general, yes, the government is my standard for fiduciary duty since they are the ones who govern fiduciary duty.


I think there's a higher standard.
by leonard
Thu Oct 23, 2014 1:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: Creating a 401k for my company through Employee Fiduciar

ERISA Stone wrote:
leonard wrote:
I audit a 401k.


Was this intended to be singular?


Yes. And, assisted in setting it up to be as simple and straightforward as possible. But, I have also spent the last 20 years in corporate finance, including audit. Do I get the job?
by leonard
Thu Oct 23, 2014 1:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: Creating a 401k for my company through Employee Fiduciar

Rationalize it however you want. You are removing $25 from a participants account. That's a fiduciary decision. If it's an unnecessary $25 that is meant to force an action and doesn't benefit the participant, that's not doing fiduciary duty. Pretty cut and dry to me. Are you saying that you believe...
by leonard
Thu Oct 23, 2014 1:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: Creating a 401k for my company through Employee Fiduciar

So, you think an essentially unnecessary fee is fulfilling fiduciary duty? How does that work? Necessary fees are one thing - but making up a fee to motivate moving out of the plan is not executing fiduciary duty. I would think by definition unnecessary expense and fiduciary duty are incompatible c...
by leonard
Thu Oct 23, 2014 1:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: Creating a 401k for my company through Employee Fiduciar

Rationalize it however you want. You are removing $25 from a participants account. That's a fiduciary decision. If it's an unnecessary $25 that is meant to force an action and doesn't benefit the participant, that's not doing fiduciary duty. Pretty cut and dry to me. Are you saying that you believe...
by leonard
Thu Oct 23, 2014 12:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: Building a New House, Advice please.

Consider building the exterior walls with ICFs: Insulated Concrete Forms. Especially since this will be in Oklahoma where the threat of tornados is high, the difference in cost could be well worth it. Thanks! Thats one of the items on our list to discuss. I'll let you know how it comes out. BW My b...
by leonard
Thu Oct 23, 2014 12:43 pm
 
Forum: Personal Consumer Issues
Topic: Building a New House, Advice please.
Replies: 66
Views: 5538

Re: Creating a 401k for my company through Employee Fiduciar

Rationalize it however you want. You are removing $25 from a participants account. That's a fiduciary decision. If it's an unnecessary $25 that is meant to force an action and doesn't benefit the participant, that's not doing fiduciary duty. Pretty cut and dry to me. Are you saying that you believe...
by leonard
Thu Oct 23, 2014 12:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: How do so many HCEs contribute the max to 401k

I disagree. I think: 1. They fail to build the match in to their overall compensation model, such that it is planned for as part of overall compensation. 2. They incur the administrative overhead of administering vesting schedules, instead of keeping it simple. Companies find false economies with m...
by leonard
Thu Oct 23, 2014 12:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do so many HCEs contribute the max to 401k
Replies: 30
Views: 2681

Re: Creating a 401k for my company through Employee Fiduciar

FWIW, we would recommend clients charge a $25 quarterly account administrative fee to incentivize terminated employees to leave. In what way is an unnecessary $25 fee looking out for a plan participant's best interest. I am certainly no expert, but from what I understand, it is a business decision ...
by leonard
Wed Oct 22, 2014 3:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Creating a 401k for my company through Employee Fiduciary
Replies: 85
Views: 3367

Re: How do so many HCEs contribute the max to 401k

Right. Well, generally, their employers have the good sense to make the 401k a Safe Harbor plan. Pretty straightforward. Many companies do not have safe harbor plans for one and/or two primary reasons. 1. They do not wish to do a match as high as the safe harbor requirements. 2. Safe harbor plans r...
by leonard
Wed Oct 22, 2014 2:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do so many HCEs contribute the max to 401k
Replies: 30
Views: 2681
Next

Return to advanced search