Search found 4994 matches

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: 4342

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: 5697

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: 725

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: 2675

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: 849

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: 3587

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: 849

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: 2317

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: 1918

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: 79
Views: 10440

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: 1918

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: 5358

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: 1658

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: 5747

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: 3562

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: 2767

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: 3562

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: 3236

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: 8513

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: 3236

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: 3562

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: 1166

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: 240

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: 6016

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: 79
Views: 10440

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: 49
Views: 3715

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: 2158

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: 8575

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: 4550

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: 8575

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: 7769

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...
by leonard
Fri Jul 10, 2015 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3878

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

This seems like a big change in course. Why, after 6 years or so?

It would seem there is something more going on here.
by leonard
Fri Jul 10, 2015 12:12 pm
Forum: Personal Consumer Issues
Topic: One car or two in semi-retirement?
Replies: 49
Views: 3351

Re: One car or two in semi-retirement?

A key requirement is missing:

Do two people need to be in different places at the same time?
by leonard
Fri Jul 10, 2015 11:50 am
Forum: Investing - Theory, News & General
Topic: "Helping Your Parents Financially"
Replies: 62
Views: 7769

Re: "Helping Your Parents Financially"

Yes. The younger generations should have humility and butt out... until the "too late" phone call comes that there is too much debt, not enough cash flow, and the finances have been mismanaged for years. Yes, let it become an absolute disaster and only then ask for help. I'll take the opp...
by leonard
Thu Jul 09, 2015 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 92
Views: 10083

Re: financial adviser told me not to invest too much in 401k

I am married and my wife makes 65k. She maxes her roth and also contributes 20% to her 401k. She does not contribute to her HSA since i'm so heavy on mine. Regardless of how "heavy" you are on your HSA - your wife is missing an opportunity for tax free compounding, tax deduction on the wa...
by leonard
Thu Jul 09, 2015 7:56 pm
Forum: Investing - Theory, News & General
Topic: "Helping Your Parents Financially"
Replies: 62
Views: 7769

Re: "Helping Your Parents Financially"

Yes. The younger generations should have humility and butt out... until the "too late" phone call comes that there is too much debt, not enough cash flow, and the finances have been mismanaged for years. Yes, let it become an absolute disaster and only then ask for help. I'll take the opps...
by leonard
Thu Jul 09, 2015 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 92
Views: 10083

Re: Investing in a 401k ?

I am married and my wife makes 65k. She maxes her roth and also contributes 20% to her 401k. She does not contribute to her HSA since i'm so heavy on mine. Regardless of how "heavy" you are on your HSA - your wife is missing an opportunity for tax free compounding, tax deduction on the wa...
by leonard
Tue Jul 07, 2015 6:07 pm
Forum: Personal Consumer Issues
Topic: Learning Guitar
Replies: 30
Views: 3584

Re: Learning Guitar

This guy (Scott Grove) does a nice job if you just want to learn to play by ear. http://www.freewebs.com/groovymusiclessons/meetscottgrove.htm I learned to play about 30 years ago, garage band, played out for 10 years ago, etc. I wanted to learn some new styles and I really liked how he laid it out...
by leonard
Tue Jul 07, 2015 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: 401k fees - From Fidelity to TransAmerica
Replies: 14
Views: 1885

Re: 401k fees - From Fidelity to TransAmerica

it's usually the plan fee, in this case 0.76% plus the prospectus fee for the chosen funds. So for an index SP500 fund, you will likely be around 0.81% to a full percent in total fees. That's a little high. The plan fee should be more on the order of 0.25%. But sadly, there's nothing you can do abo...
by leonard
Tue Jul 07, 2015 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to invest in OIL
Replies: 58
Views: 3708

Re: Best way to invest in OIL

VAinvestor001 wrote:I am not trying to time the market but the price seems right...


Huh?
by leonard
Fri Jul 03, 2015 11:24 am
Forum: Personal Consumer Issues
Topic: Negotiating cost for cremation & burial?
Replies: 19
Views: 2196

Re: Negotiating cost for cremation & burial?

Do a search on this board. There have been several threads with too much content to recreate here.

But, find those threads and read them carefully.

YES, you should negotiate on everything!
by leonard
Fri Jul 03, 2015 11:21 am
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 92
Views: 10083

Re: financial adviser told me not to invest too much in 401k

I met with a financial adviser today and told her i was putting 20% of my paycheck into 401k. She told that was bad advice because I would be taxed at a very high percent when i'm 65. I told her that there was no way for her to predict tax rates 30 years from now but she says that historically taxe...
by leonard
Fri Jul 03, 2015 11:18 am
Forum: Personal Consumer Issues
Topic: Provia Legacy Steel Entry Door Experience?
Replies: 11
Views: 1225

Re: Provia Legacy Steel Entry Door Experience?

Just to document for anyone else looking for a steel security entry door. I ended up choosing a Graintech door from a company called Steelcraft. They are essentially steel commercial doors that have wood grain embossing in the steel and gel stained, like the Provia. However, these come in 18 gauge s...
by leonard
Mon Jun 29, 2015 9:15 pm
Forum: Personal Consumer Issues
Topic: Learning Guitar
Replies: 30
Views: 3584

Re: Learning Guitar

Hi Everyone, I'm thinking of learning guitar as a new hobby and a way to de-stress. I toyed with the guitar as a kid and took it as an elective in college, so I'm not a total beginner, but pretty close. Currently I can play some chords and can finger pick my way through a few songs. I'm in my late ...
by leonard
Fri Jun 26, 2015 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: In my 20s; should I sell EDV? [Vanguard Extended Duration Treasury]
Replies: 6
Views: 826

Re: In my 20s; should I sell EDV?

What were your reasons for buying EDV in the first place? Have circumstances really changed to alter the roll of EDV in your portfolio?
by leonard
Fri Jun 26, 2015 9:11 pm
Forum: Investing - Theory, News & General
Topic: Too Much Indexing???
Replies: 44
Views: 3976

Re: Too Much Indexing???

It doesn't take many arbitrageurs to keep the market efficient.
by leonard
Fri Jun 26, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: The Other Side, part 2
Replies: 41
Views: 5916

Re: The Other Side, part 2

In taxable, DCA creates too many tax lots and thus more tracking of basis over time.

Lump sum at a conservative enough stock/bond allocation.

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