Search found 7856 matches

Go to advanced search

by letsgobobby
Sun May 24, 2015 10:33 am
Forum: Personal Consumer Issues
Topic: Building a guest house
Replies: 20
Views: 1612

Re: Building a guest house

Have you considered a modular or prefab option? For instance, I am most familiar with Modern Shed out of Seattle but there are many others. Far less expensive.
by letsgobobby
Sat May 23, 2015 9:55 am
Forum: Investing - Help with Personal Investments
Topic: 401k vs Roth401k vs backdoor Roth IRA
Replies: 7
Views: 283

Re: 401k vs Roth401k vs backdoor Roth IRA

Search this forum for mega backdoor Roth IRA.
by letsgobobby
Sat May 23, 2015 9:10 am
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 5771

Re: please confirm: early retirement

Timelord, thank you, that was a thought provoking post.
by letsgobobby
Sat May 23, 2015 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Dilemma on assert allocation: risk tolerance vs tax efficiency
Replies: 9
Views: 543

Re: Dilemma on assert allocation: risk tolerance vs tax efficiency

Just as retiredjg and grabiner have said, your retirement accounts can hold all or mostly bonds/fixed income. Your taxable can hold all or most stocks, with some Muni bonds as needed to round out your asset allocation.
by letsgobobby
Sat May 23, 2015 8:54 am
Forum: Investing - Theory, News & General
Topic: Why government bonds at all?
Replies: 33
Views: 1703

Re: Why government bonds at all?

One word: safety. Not risk reduction as in volatility reduction, but risk reduction as in the Great Depression crushes all those gleaming productive assets you waxed poetic about, just exactly when you need your money.
by letsgobobby
Sat May 23, 2015 8:47 am
Forum: Investing - Help with Personal Investments
Topic: 401k vs Roth401k vs backdoor Roth IRA
Replies: 7
Views: 283

Re: 401k vs Roth401k vs backdoor Roth IRA

Yes, traditional 401k, backdoor Roth IRA, and taxable investments.
by letsgobobby
Fri May 22, 2015 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 5771

Re: please confirm: early retirement

If you are confident you've got your expenses accurately captured, you look to be in excellent shape. You have 33x expenses saved, the possibility of $20k of additional income, and then SS on top. Hard to see how you could be more reasonably prepared.
by letsgobobby
Fri May 22, 2015 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 84
Views: 5771

Re: please confirm: early retirement

Do those expenses include health care?
by letsgobobby
Fri May 22, 2015 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

Re: city selling 'mini-bonds' at attractive rates

thanks fred, I agree this is not an important financial decision. I am more interested in the principle than the principal. Is this a worthwhile investment? If one could invest unlimited amounts, how much would you choose to invest? I will do this, the hassle factor is relatively small since I will...
by letsgobobby
Fri May 22, 2015 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

Re: city selling 'mini-bonds' at attractive rates

thanks fred, I agree this is not an important financial decision. I am more interested in the principle than the principal. Is this a worthwhile investment? If one could invest unlimited amounts, how much would you choose to invest? I will do this, the hassle factor is relatively small since I will ...
by letsgobobby
Thu May 21, 2015 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: homeowner vacancy insurance - yikes
Replies: 18
Views: 1284

Re: homeowner vacancy insurance - yikes

I tried Foremost, but they don't offer in our state (only KY and PA). Any other names? I'm willing to call. Some good news: this evening Amica called and said if we put some furnishings in the house they would reclassify it as 'unoccupied' as opposed to 'vacant' and then we would be covered. Need to...
by letsgobobby
Thu May 21, 2015 3:35 pm
Forum: Investing - Theory, News & General
Topic: How 529 college savers invest.
Replies: 16
Views: 1605

Re: How 529 college savers invest.

1/3 prepaid tuition plan
2/3: 20% each Vanguard EM, DFA international value, Vanguard TISM, Vanguard TSM, and DFA US Small cap value.
by letsgobobby
Thu May 21, 2015 11:27 am
Forum: Personal Finance (Not Investing)
Topic: homeowner vacancy insurance - yikes
Replies: 18
Views: 1284

homeowner vacancy insurance - yikes

Our home is on the market x 58 days and it is vacant (we moved). Our insurance company (Amica) notified us that any losses stemming from vandalism are not covered after 60 days. This is a problem; I could stomach a $1000 broken window, but not a squatter starting a fire that causes a total loss. In ...
by letsgobobby
Thu May 21, 2015 8:24 am
Forum: Investing - Theory, News & General
Topic: Not your father's Total Bond Market Fund anymore
Replies: 60
Views: 6310

Re: Not your father's Total Bond Market Fund anymore

I don't understand. What's the problem? Spell it out for me.
by letsgobobby
Wed May 20, 2015 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

Re: city selling 'mini-bonds' at attractive rates

I just moved into the city 2 months ago, so I don't know if there was a vote. On a small bond issue like this, I would be surprised but what do I know.
by letsgobobby
Wed May 20, 2015 2:39 pm
Forum: Personal Consumer Issues
Topic: Trip Insurance
Replies: 35
Views: 1487

Re: Trip Insurance

We have never bought trip insurance, but for our 2 week cruise stopping at 8 Caribbean island nations, we did buy medical evacuation insurance for one year for about $500 for the family.
by letsgobobby
Wed May 20, 2015 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax (WA State)
Replies: 9
Views: 645

Re: Estate Tax (WA State)

Found this about estate planning in WA, perhaps you can start by getting some ideas here: http://phr-law.com/resources/Estate-Planning-Guide-WA-OR.pdf Thanks very much! I had done some Googling but did not come across that document for some reason. Looks like a great resource. There is no gift tax ...
by letsgobobby
Wed May 20, 2015 9:47 am
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

Re: city selling 'mini-bonds' at attractive rates

I guess my point is that all of those considerations are presumably taken into account by the ratings agencies; I can only assume they've dug into this more than me. With respect to the future being unknowable, isn't that true for any bond issuing entity? I was thinking of the 7-10 year range, a lit...
by letsgobobby
Wed May 20, 2015 9:12 am
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

Re: city selling 'mini-bonds' at attractive rates

hardly a bargain if the city hits rough times... These bonds are not rated but the city is. Why do you think the risk is substantially more than what 2 major ratings agencies have found? it doesn't appear likely that tax base will keep up with it. I don't know why you would say that. Clark County i...
by letsgobobby
Wed May 20, 2015 1:51 am
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

Re: city selling 'mini-bonds' at attractive rates

ok, "Would you buy if you were eligible?"
by letsgobobby
Wed May 20, 2015 12:57 am
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 24
Views: 1667

city selling 'mini-bonds' at attractive rates

http://www.cityofvancouver.us/fms/page/vancouver-heritage-bond-sale Attractive rates (see below) Non-liquid/no secondary market $10,000 maximum per household These bonds are not rated, however Vancouver is rated Aa3 by Moody’s and AA by Standard & Poors. The City’s full faith and credit back the...
by letsgobobby
Tue May 19, 2015 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Tax (WA State)
Replies: 9
Views: 645

Re: Estate Tax (WA State)

There is no gift tax in Washington. Give your money to your heirs before you die.

Also, in your scenario, just divide your $4 million half and half. Each of you is then under the $2 million exemption, and you owe no estate tax. Why did you say you owe $550,000?
by letsgobobby
Fri May 15, 2015 10:09 pm
Forum: Personal Consumer Issues
Topic: passport card faster than passport?
Replies: 32
Views: 1971

Re: passport card faster than passport?

Enhanced Drivers License or Enhanced ID would work great to cross border into Canada by land. I believe OP is a resident of Washington, and they issue enhanced DL/ID. It should arrive in less than 30 days. I think I got mine in less than 2 weeks in WA state. Enhanced DL also allows access to Ready ...
by letsgobobby
Fri May 15, 2015 5:28 pm
Forum: Personal Consumer Issues
Topic: passport card faster than passport?
Replies: 32
Views: 1971

Re: passport card faster than passport?

but we will apply for a non-expedited passport for her regardless and have her birth certificate in case her passport does not arrive in time. Can't do this .. the US dept of state will take your daughter's birth certificate for passport processing. So you won't have it until you get her passport. ...
by letsgobobby
Fri May 15, 2015 3:31 pm
Forum: Personal Consumer Issues
Topic: passport card faster than passport?
Replies: 32
Views: 1971

Re: passport card faster than passport?

but we will apply for a non-expedited passport for her regardless and have her birth certificate in case her passport does not arrive in time. Can't do this .. the US dept of state will take your daughter's birth certificate for passport processing. So you won't have it until you get her passport. ...
by letsgobobby
Fri May 15, 2015 3:26 pm
Forum: Personal Consumer Issues
Topic: passport card faster than passport?
Replies: 32
Views: 1971

Re: passport card faster than passport?

I confirmed the enhanced license for WA will work. A WA DL, and a passport (even if expired) are the required documents. WA requires the social security number, but not proof of or the card itself. The cost to upgrade our standard license is $3 per year remaining on the licenses. The child will use ...
by letsgobobby
Fri May 15, 2015 2:25 pm
Forum: Personal Consumer Issues
Topic: passport card faster than passport?
Replies: 32
Views: 1971

Re: passport card faster than passport?

The passport card seems less backed up, and it is processed separately, so your idea may have merit. Are you by chance from one of the 5 states that has an enhanced driver's license? Those are done by the state and usually come in 2-3 weeks at most. The five states: MI, NY, WA, MN, & VT. wow, t...
by letsgobobby
Fri May 15, 2015 1:40 pm
Forum: Personal Consumer Issues
Topic: passport card faster than passport?
Replies: 32
Views: 1971

passport card faster than passport?

We are taking a last minute trip to Canada for the Women's World Cup. We will cross the border in exactly 30 days. The 2 adults and 1 child need new passports. It looks like, just to be safe, we should expedite the adult passports, at a cost of $60 each. In fact our daughter does not need a passport...
by letsgobobby
Thu May 14, 2015 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: What are you up YTD?
Replies: 328
Views: 41138

Re: What are you up YTD?

I share your curiosity, but since I only check balances quarterly, we'll both have to wait til July 1 to find out.
by letsgobobby
Thu May 14, 2015 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring in your 40's
Replies: 21
Views: 2785

Re: Retiring in your 40's

Meg77 wrote:Men who don't work and spend their time parenting and managing a household can say they are early retirees with a straight face, even if they rely on their spouse financially. People would roll their eyes at any woman who said the same, even if she were independently wealthy.

:wink:


exactly
by letsgobobby
Thu May 14, 2015 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring in your 40's
Replies: 21
Views: 2785

Re: Retiring in your 40's

This is a great post, but aren't you really just a Stay-At-Home parent, rather than retired? I know it's just matter of semantics, but can all 24 year old stay-at-home moms and dads with a working spouse really claim "I retired early at 24!" My thoughts exactly. In my mind, 'retirement' i...
by letsgobobby
Thu May 14, 2015 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Retiring in your 40's
Replies: 21
Views: 2785

Re: Retiring in your 40's

Chan, I'm with you and have posted about the same. However I'm liking my job right now; just not the hours, which could be changed, or the commute, which can't. My goal is to drop to 3 days per week, plus 1 weekend per month, in the next 5 years. I'm 41 now. We also have about 20 - 25 x expenses, d...
by letsgobobby
Thu May 14, 2015 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Retiring in your 40's
Replies: 21
Views: 2785

Re: Retiring in your 40's

Chan, I'm with you and have posted about the same. However I'm liking my job right now; just not the hours, which could be changed, or the commute, which can't. My goal is to drop to 3 days per week, plus 1 weekend per month, in the next 5 years. I'm 41 now. We also have about 20 - 25 x expenses, de...
by letsgobobby
Wed May 13, 2015 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 201
Views: 37323

Re: Share your networth progression

This would be much more informative if it included how much each person made per year in their job. If you make 500k, it is very easy to sock it away. 30k? Not so much. I have proposed a metric that accounts for income, gifts, inheritance, and inflation, but it's complex to calculate. https://www.b...
by letsgobobby
Wed May 13, 2015 4:00 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 8546

Re: How much can I spend on a car?

I think what I have decided to do is to spend 20-25k on my next car. It will most likely be a preowned Audi A4 or Lexus IS250. That seems well within your means given your salary, expenses, and the great savings you've accomplished so far. If this is something that makes you happy, you should go fo...
by letsgobobby
Wed May 13, 2015 8:49 am
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 8546

Re: How much can I spend on a car?

Sometimes bogleheads go too far, myself included. Yes, live below your means. That doesn't mean a young person should drive a scooter or corolla everywhere, even if many of us did. Life is meant to be lived. Live it, reasonably. A compromise: build a budget as if you lived independently. Rent, utili...
by letsgobobby
Tue May 12, 2015 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plans- Are they part of your overall A.A?
Replies: 22
Views: 1107

Re: 529 plans- Are they part of your overall A.A?

No I don't, but: if I really wanted to hold more bonds in my retirement portfolio, but the best bonds available to me were in my kids' 529s, I wouldn't hesitate to buy those, figuring it would work out, somehow. On the other hand, I haven't replaced my 1% stable value fund in my 403b with the Colora...
by letsgobobby
Mon May 11, 2015 9:14 am
Forum: Investing - Theory, News & General
Topic: International - Who really is at 40%
Replies: 93
Views: 6630

Re: International - Who really is at 40%

Target 60%, currently 62%.
by letsgobobby
Sun May 10, 2015 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about opening a 529 for kids i dont even have yet. Thoughts?
Replies: 7
Views: 791

Re: Thinking about opening a 529 for kids i dont even have yet. Thoughts?

We did this but you're pretty young - who knows, you may not have kids for a decade or ever. I don't think this is worthwhile. Our situation was: My wife was 4 months pregnant. We wanted to buy into a prepaid tuition plan, and the price window closed on X date. I had calculated that the price would ...
by letsgobobby
Sun May 10, 2015 1:01 am
Forum: Personal Consumer Issues
Topic: Lightweight camping gear
Replies: 41
Views: 2689

Re: Lightweight camping gear

I use a one pound bivy and love it for 3 season. If the weather looked very wet I'd bring my homemade silnylon tarp to provide room for drying,changing,and eating. Tarp is 12 ounces including ties.
by letsgobobby
Sat May 09, 2015 10:36 am
Forum: Investing - Theory, News & General
Topic: Stop contributions to retirement accts due to future RMDs
Replies: 77
Views: 5384

Re: Stop contributions to retirement accts due to future RMDs

I recall my mom was really bugged by the RMD tax liability, especially because she didn't need to consume those RMD's (own and survivor pension and SS were more than covering her expenses). In her mind tax on RMD was a wealth tax siphoning off her nest egg. She wasn't convinced by the argument that...
by letsgobobby
Fri May 08, 2015 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Prioritize Investment: Roth IRA vs. 457b Deferred Comp
Replies: 5
Views: 368

Re: Prioritize Investment: Roth IRA vs. 457b Deferred Comp

there are many threads here about 457bs and their pros and cons. The most important thing for you to know is whether you have a governmental or non-governmental 457b; and the most important thing for you to understand is what the differences are between the two. Then you can make an educated guess. ...
by letsgobobby
Fri May 08, 2015 11:49 am
Forum: Investing - Theory, News & General
Topic: 1929 was a great year to buy stocks
Replies: 92
Views: 5066

Re: 1929 was a great year to buy stocks

(2) Looking at 1929 and 1982 is one way of illustrating the dispersion of returns, which you so nicely worked out. As we look at longer and longer time periods, the actual growth rate starts to dominate starting valuations. Investors using valuations need to be careful not underestimate that disper...
by letsgobobby
Thu May 07, 2015 4:22 pm
Forum: Personal Consumer Issues
Topic: New car vs used car -- what's your approach?
Replies: 57
Views: 2795

Re: New car vs used car -- what's your approach?

summary: it is almost always cheaper to keep an old used car than to buy a new or new used one. Tires and brakes are not repairs, they are maintenance, and will occur at roughly the same rate on a new or new used vehicle. After 15 years, it's not unreasonable to buy a new or new used car. Can you af...
by letsgobobby
Thu May 07, 2015 1:30 pm
Forum: Investing - Theory, News & General
Topic: 1929 was a great year to buy stocks
Replies: 92
Views: 5066

Re: 1929 was a great year to buy stocks

Let me throw out an idea: I think we've got it all wrong looking at using valuation to boost returns. It doesn't do that unless you happen to get lucky - twice - when you sell stocks and when you buy back in. The reason is that any valuation measure is a very blunt instrument that can't provide use...
by letsgobobby
Thu May 07, 2015 9:06 am
Forum: Investing - Theory, News & General
Topic: The Case FOR the Roth 401k
Replies: 46
Views: 4199

Re: The Case FOR the Roth 401k

retiredjg wrote:A reminder for those who are married....

It does not take an enormous income to be in the 25% bracket when single. And being pushed into the 28% bracket when RMDs start is much more likely for a single person than a couple.

Indeed, thanks for the reminder. I edited my post to clarify my response.
by letsgobobby
Thu May 07, 2015 8:45 am
Forum: Personal Consumer Issues
Topic: why is my android phone full?
Replies: 7
Views: 999

Re: why is my android phone full?

I did find this link about the galaxy s5 (my phone).

http://m.androidcentral.com/galaxy-s5-r ... gb-storage

so maybe the answer is, just because. Get an SD card.
by letsgobobby
Thu May 07, 2015 8:41 am
Forum: Personal Consumer Issues
Topic: why is my android phone full?
Replies: 7
Views: 999

why is my android phone full?

It has 16 gb of memory allocated as follows: Applications 4.7 Gb Photos and videos 3.8 Gb Miscellaneous files 6.4 Gb However when I click on miscellaneous files, the listed items only total up to about 160 Mb and the largest item is only 80Mb. What are the missing 6.24 Gb of miscellaneous files that...
by letsgobobby
Thu May 07, 2015 12:30 am
Forum: Investing - Theory, News & General
Topic: The Case FOR the Roth 401k
Replies: 46
Views: 4199

Re: The Case FOR the Roth 401k

In a lot of ways you are confusing the end game with how to get there. If you retire at 60 (or even 65 ) you have a ton of years to convert the money over to a ROTH. Seriously married couple would only pay about 103k on a 400k conversion. Call it 26%. Compare that to paying 28%+ when they were work...
by letsgobobby
Wed May 06, 2015 6:03 pm
Forum: Investing - Theory, News & General
Topic: 1929 was a great year to buy stocks
Replies: 92
Views: 5066

Re: 1929 was a great year to buy stocks

The point is that you shouldn't pick an asset allocation because you think PE10 is giving you useful predictions about long-term returns. Oh, but I do think that. And I do do that, and I have done that, with good results over my admittedly short investing career. I happened to come into investing a...

Go to advanced search