Search found 30705 matches

Return to advanced search

Re: Housing in NYC area

Yes, I am told that Rockefeller has nice housing for folks. Many places do some kind of subsidy.
by livesoft
Thu Apr 24, 2014 2:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Housing in NYC area
Replies: 16
Views: 1292

Re: What to say to financial planners/insurance brokers

After I tell them I am DIY, I almost always ask them if would like me to look at their personal investments or 401(k) plan so that I can offer them advice. All but one person has declined my offer. The other took me up on commenting about their corporate 401(k) plan and I think I helped them out nic...
by livesoft
Thu Apr 24, 2014 11:25 am
 
Forum: Personal Finance (Not Investing)
Topic: What to say to financial planners/insurance brokers
Replies: 16
Views: 1093

Re: Vanguard Total market mutual fund vs. ETF

There is absolute no cost savings if you own both at Vanguard. If you own at another broker, then the cost savings is the commission you pay for buying/selling VTSAX at the broker less the commission you pay for buying/selling VTI.
by livesoft
Thu Apr 24, 2014 10:45 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard Total market mutual fund vs. ETF
Replies: 3
Views: 232

Re: New Baby Girl - What Can/Should We Do?

Here is what we did. 1. We live in Texas and get no tax break. 2. We had two different 529 plans for each of our kids, so 4 plans altogether. 3. The two different plans had different owners: Dad owned 2 plans and Mom owned 2 plans. 4. The two plans were invested in different state 529 plans. This tu...
by livesoft
Thu Apr 24, 2014 10:23 am
 
Forum: Investing - Help with Personal Investments
Topic: New Baby Girl - What Can/Should We Do?
Replies: 45
Views: 3117

Re: Early retirement with only a 401k

Since SS FRA is 67, early retirement is any year before that. Typically, one can separate from an employer with a 401(k) plan in the year they turn 55 and start penalty free withdrawals of their 401(k) assets. One does not need to wait until 59.5 years of age. Another common trick is to have a spous...
by livesoft
Thu Apr 24, 2014 7:57 am
 
Forum: Investing - Theory, News & General
Topic: Early retirement with only a 401k
Replies: 6
Views: 749

Re: New edition of Bogleheads' Guide to Investing???

^May I suggest holding the book a little further away from your face when you turn the page then?
by livesoft
Thu Apr 24, 2014 7:11 am
 
Forum: Personal Consumer Issues
Topic: New edition of Bogleheads' Guide to Investing???
Replies: 5
Views: 584

Re: Is it a bad move to buy a home now?

One should not be emotional about buying a house. Also, you should ask you parents about the times they bought houses. I think you might be surprised that they did not always get a "deal deal". Actually, some of the best fun at family gatherings is to get one's grandparents to tell stories...
by livesoft
Thu Apr 24, 2014 6:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Is it a bad move to buy a home now?
Replies: 24
Views: 1757

Re: Retired-Critique my retirement withdrawl plan

Have you looked at the calculator http://www.i-orp.com and then used something like TurboTax to check and fine-tune the suggestions it makes? While you won't be paying zero taxes, this thread has a discussion: http://www.bogleheads.org/forum/viewtopic.php?t=87471 which does includes giving money awa...
by livesoft
Thu Apr 24, 2014 6:19 am
 
Forum: Investing - Help with Personal Investments
Topic: Retired-Critique my retirement withdrawl plan
Replies: 3
Views: 461

Re: Maxed 401k , can I buy Roth also?

Look up "Back door Roth" and see if it helps you.
by livesoft
Wed Apr 23, 2014 10:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Maxed 401k , can I buy Roth also?
Replies: 5
Views: 378

Re: Maxed 401k , can I buy Roth also?

The answer is: "Probably." Please read Publication 590 for more information.
by livesoft
Wed Apr 23, 2014 9:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: Maxed 401k , can I buy Roth also?
Replies: 5
Views: 378

Re: The Power of Zero (0% tax bracket in retirement) book

Shameless plug for the "ZERO taxes in retirement" thread: viewtopic.php?t=87471
by livesoft
Wed Apr 23, 2014 8:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: The Power of Zero (0% tax bracket in retirement) book
Replies: 22
Views: 2956

Re: enough to retire?

Did anybody mention that this is the kind of question that many folks use www.FIREcalc.com to answer? It's free and enjoys a solidly positive reputation from the folks on the early retirement forum and around the world.
by livesoft
Wed Apr 23, 2014 8:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: enough to retire?
Replies: 21
Views: 2205

Re: Inheritance Issue

boater07 wrote:Perhaps, I need to get over this but SIL buying BMW between jobs after getting downsized took the cake[OK it is 5 years old].

A nice severance package can make that easily possible.
by livesoft
Wed Apr 23, 2014 8:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Inheritance Issue
Replies: 28
Views: 1669

Re: Please explain a 3% SWR to me

Someone with no desire to leave money to anyone living or dead could easily buy one or more SPIAs and cover longevity risk and then get on with spending lots more than 3%.
by livesoft
Wed Apr 23, 2014 8:02 pm
 
Forum: Investing - Theory, News & General
Topic: Please explain a 3% SWR to me
Replies: 73
Views: 3343

Re: Please explain a 3% SWR to me

StarbuxInvestor wrote:I would assume with a 100% TIPS portfolio it would last several years beyond 30.

I thought the problem with that is that there were no TIPS with maturities longer than 30 years, so such a portfolio is not technically possible. One would have to reinvest along the way and that is problematic.
by livesoft
Wed Apr 23, 2014 8:00 pm
 
Forum: Investing - Theory, News & General
Topic: Please explain a 3% SWR to me
Replies: 73
Views: 3343

Re: Housing in NYC area

Hey, nothing wrong with a nice 2-bedroom garage apartment right on the North Shore of Long Island. If it was good enough for Nick Carraway and livesoft, then it's good enough for you. Your "angle" would be knowing some patricians so that you could score such a deal.
by livesoft
Wed Apr 23, 2014 7:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Housing in NYC area
Replies: 16
Views: 1292

Re: ETFs Trading at a Discount to NAV

I personally don't believe the IIV means doodley squat. The darn ETF is worth whatever somebody will pay you for it or what you will pay for it (within reason). And that includes during Flash Crashes. :) You might be interested in charting 2 or more ETFs to see if their relative values ping-pong bac...
by livesoft
Wed Apr 23, 2014 5:03 pm
 
Forum: Investing - Theory, News & General
Topic: ETFs Trading at a Discount to NAV
Replies: 3
Views: 283

Re: Shift to Index Funds = Calls from Fidelity

As with any place that you do business with, Fidelity likes to make "touches" when you interact with them. I think it is actually good that when one interacts with the web site that they send me an e-mail asking if I had any issues or problems. If Vanguard did that, I would give them an ea...
by livesoft
Wed Apr 23, 2014 2:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Shift to Index Funds = Calls from Fidelity
Replies: 7
Views: 1019

Re: Son or Daughter working with Mom or Dad?

One of my high schoolers worked for the company I work for, but she was well-qualified and did not report to me. I have also supervised interns who were children of my colleagues. There has never ever been any issue with Mom or Dad in these situations. The kid does not want to report to the parent a...
by livesoft
Wed Apr 23, 2014 11:33 am
 
Forum: Personal Consumer Issues
Topic: Son or Daughter working with Mom or Dad?
Replies: 16
Views: 946

Re: Does money really hurt the chance to get financial aid?

Maybe the thread title should be changed to:

Does money really hurt the chance to get financial aid?
by livesoft
Wed Apr 23, 2014 9:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Why is the price so low for option? Is this real?

A thing that newbies will learn about options is that just because something is "quoted" does not mean there is somebody to take the other side of the trade. That is, the volume will be zero, nada, zip.
by livesoft
Wed Apr 23, 2014 7:56 am
 
Forum: Investing - Theory, News & General
Topic: Why is the price so low for option? Is this real?
Replies: 20
Views: 1133

Re: Where would you retire, if $ were no object?

I think I would retire in three or four different places. There is no single place that has what I would like if $ were no object.
by livesoft
Wed Apr 23, 2014 6:39 am
 
Forum: Personal Consumer Issues
Topic: Where would you retire, if $ were no object?
Replies: 65
Views: 3717

Re: what do you suggest for reading?

Follow-up bonus question (hard): Why does livesoft own FUSVX instead of FSTVX? :) Your 401(k) has FUSVX as an option, but not FSTVX? Yes, that's the correct answer. My point was that although some funds and indexes are thought to be better than others, sometimes they are not readily available to one.
by livesoft
Wed Apr 23, 2014 6:34 am
 
Forum: Investing - Help with Personal Investments
Topic: what do you suggest for reading?
Replies: 15
Views: 981

Re: Portfolio Check: 32 yrs old, going to rebalance to 78/22

Everything looks great to me. Your idea to exchange from equities to bonds in your old 401(k) is fine as well. There may be an advantage to having the two 401(k)s. First, they will not interfere with a backdoor Roth IRA if you happen to need to do Roth contributions that way. Second, if you make an ...
by livesoft
Tue Apr 22, 2014 9:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Check: 32 yrs old, going to rebalance to 78/22
Replies: 10
Views: 924

Re: Primerica sitin

In this situation, I would try two tactics: 1. I would tell my cousin that they should cancel or reschedule, but if they did not want to do that, then 2. I would state that nobody buys anything without comparing prices and services with other vendors, so that she should get 3 "quotes" befo...
by livesoft
Tue Apr 22, 2014 9:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: Primerica sitin
Replies: 18
Views: 1189

Re: Beware Vanguard DOES NOT update all your account values

I was waiting on you for an update. :) So thanks very much!

The two messages I have from Vanguard are pretty generic and not dissimilar from your message.
by livesoft
Tue Apr 22, 2014 9:04 pm
 
Forum: Investing - Theory, News & General
Topic: Beware Vanguard DOES NOT update all your account values
Replies: 56
Views: 4559

Re: Need signature guarantee in Japan

If you are not in a hurry, I'd submit without the signature guarantee and see what happens. Maybe put a big line through that area of the form and write "Not Applicable" in big letters. What's the worst they can do?
by livesoft
Tue Apr 22, 2014 8:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Need signature guarantee in Japan
Replies: 24
Views: 913

Re: Housing in NYC area

Whatever you do, don't get caught up in all the hype about "owning" and "prices only go up". We lived through a couple of real estate busts in NY. I would not consider any real estate broker nor agent my friend when it came to house hunting. (Please don't tell me you are in the r...
by livesoft
Tue Apr 22, 2014 7:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Housing in NYC area
Replies: 16
Views: 1292

Re: Housing in NYC area

Thanks for fixing the typo. Have you seen the NYTimes "buy versus rent" calculator? If you search their web site there are several articles worth reading. It seems that NYC and its environs has its own special rules. Many folks have some kind of "angle" that helps them out with h...
by livesoft
Tue Apr 22, 2014 7:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Housing in NYC area
Replies: 16
Views: 1292

Re: HSA Bank -- tried to assess ridiculous, trivial fee

OK, so you will invest it all in ETFs. If you read the fee schedule, that means you will be paying fees for having a zero dollar balance in the savings account part of your HSA. To avoid all fees, you need a minimum balance in the savings account AND a minimum balance in the brokerage account.
by livesoft
Tue Apr 22, 2014 5:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: HSA Bank -- tried to assess ridiculous, trivial fee
Replies: 7
Views: 859

Re: Does 529 really hurt the chance to get financial aid?

…. so now considered poverty level - kid is very smart - got a free ride (all expenses paid) to an Ivy. Isolated case? maybe, but I have a feeling this is done more often than we think. Perhaps, but maybe it had nothing to do with financial aid and poverty. My niece got an all-expenses paid college...
by livesoft
Tue Apr 22, 2014 5:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Does 529 really hurt the chance to get financial aid?

Thanks all for your answers. However, I got more confused now after reading too much on this. One question, dose paying off the mortgage on the primary home help getting the financial aid assume I have only one house? should I pay off the mortgage before my kid goes to college if I have enough mone...
by livesoft
Tue Apr 22, 2014 5:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Security Risk in Donating Appreciated Vanguard Shares

Here's what we did: We didn't worry about it at all.
by livesoft
Tue Apr 22, 2014 4:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Security Risk in Donating Appreciated Vanguard Shares
Replies: 6
Views: 348

Re: Do you think the biotech sector will be hurt long term?

abuss368 wrote:Most investors on the forum have a strategy of total market index investing.

Actually, polls on the forum show that most investors on the forum have a strategy of small-cap and value-tilt slice-and-dice investing. The total market index investing folks are a minority.
by livesoft
Tue Apr 22, 2014 4:33 pm
 
Forum: Investing - Theory, News & General
Topic: Do you think the biotech sector will be hurt long term?
Replies: 56
Views: 2645

Re: Does 529 really hurt the chance to get financial aid?

I say this because some folks told me their kid was National Merit Scholar and got a full scholarship at some schools. I have some folks tell me their kid was National Merit Scholar and got $2,000. Also one needs to know that National Merit Scholarships are often sponsored by Mega-Corps and an addi...
by livesoft
Tue Apr 22, 2014 12:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Does 529 really hurt the chance to get financial aid?

If I was a financial aid administrator at a college, I would be on the lookout for folks trying to pull the wool over my eyes.
by livesoft
Tue Apr 22, 2014 12:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Does 529 really hurt the chance to get financial aid?

Here is a NYTimes article on college financial aid. Some universities include home equity and some don't. The FAFSA does not include home equity.

http://www.nytimes.com/2014/04/13/educa ... hould.html
by livesoft
Tue Apr 22, 2014 11:45 am
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Lawn care - fertilizer

It is definitely not worth hiring someone to fertilize your lawn. If you can put laundry detergent in your clothes washer or dishwasher detergent in your dishwasher then you have the skills to fertilize your lawn. If you don't, then look up on youtube how to put dishwasher detergent in your dishwash...
by livesoft
Tue Apr 22, 2014 10:55 am
 
Forum: Personal Consumer Issues
Topic: Lawn care - fertilizer
Replies: 12
Views: 539

Re: Does 529 really hurt the chance to get financial aid?

The $200k AGI statement should be investigated. Clearly, a family with that kind of income should have resources to pay for college without financial aid for at least one child. I suspect folks in that category with 4 kids in college at the same time could get financial aid.
by livesoft
Tue Apr 22, 2014 9:55 am
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: Does 529 really hurt the chance to get financial aid?

The same amount of money saved in a 529 plan or a bank account owned by parents has the same impact on financial aid.
by livesoft
Tue Apr 22, 2014 9:51 am
 
Forum: Personal Finance (Not Investing)
Topic: Does 529 really hurt the chance to get financial aid?
Replies: 53
Views: 2648

Re: what do you suggest for reading?

^That's a good guess, but not correct. The correct answer is somewhere in many of my posts.
by livesoft
Tue Apr 22, 2014 7:42 am
 
Forum: Investing - Help with Personal Investments
Topic: what do you suggest for reading?
Replies: 15
Views: 981

Re: Need help figuring out the optimum financial instrument

I suggest you open up a joint checking account now for your daughter. She would be primary name and you would be secondary. She should already be using a debit/ATM card for all her purchases and gift money and I sense that she is not. This will give her lots of practice on using this financial instr...
by livesoft
Tue Apr 22, 2014 7:01 am
 
Forum: Personal Finance (Not Investing)
Topic: Need help figuring out the optimum financial instrument
Replies: 4
Views: 337

Re: what do you suggest for reading?

.... As I reviewed numerous index funds, I was overwhelmed by the absolutely pure manutia (sic) that's seeps through these company documents. I asked my quiz questions because of the above statement and the choice of the funds that were purchased. FUSVX and FSTVX are not identical investments. FUSV...
by livesoft
Tue Apr 22, 2014 6:52 am
 
Forum: Investing - Help with Personal Investments
Topic: what do you suggest for reading?
Replies: 15
Views: 981

Re: Warren Buffett

I ignore Warren Buffett when it comes to investing. We don't have much in common. If he has provided anything useful to me, others that are closer to my situation have given the same message, so I don't need to waste my time on Mr Buffett. I have nothing against Mr Buffett and admire his down-to-ear...
by livesoft
Mon Apr 21, 2014 11:24 pm
 
Forum: Investing - Theory, News & General
Topic: Warren Buffett
Replies: 45
Views: 2403

Re: Forced job responsibility putting me in a panic

I must write that you didn't have any problems articulating your thoughts extremely well in this thread, so I am not sure that you are going be bad enough to have them want to replace you. I will also say that as a supervisor, I give similar tasks to my subordinates just to move them out of their ci...
by livesoft
Mon Apr 21, 2014 11:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Forced job responsibility putting me in a panic
Replies: 32
Views: 2119

Re: Forced job responsibility putting me in a panic

I don't think you need to worry about this. Just do the terrible job that you expect to do and they will notice that you are no good with this and assign the task to someone else.

(And I don't even charge a fee for astute advice such as I have just given you.)
by livesoft
Mon Apr 21, 2014 11:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Forced job responsibility putting me in a panic
Replies: 32
Views: 2119

Re: Can we ever expect VG to offer ISV or EMV?

james22 wrote:VG could easily enough carve out the V from IS and the EM from ILV.

I am not sure why you think that. Vanguard cannot even figure out something easy such as how to use the closing prices of their own ETFs on their own web site:
viewtopic.php?f=10&t=137689
by livesoft
Mon Apr 21, 2014 10:51 pm
 
Forum: Investing - Theory, News & General
Topic: Can we ever expect VG to offer ISV or EMV?
Replies: 18
Views: 1567

Re: Tax efficient fund in taxable account.

Rarely mentioned is that the perhaps the most tax-efficient equity fund is the one that always loses money and never has any gains. In addition to what others have mentioned, one might consider a small-cap growth index fund, a large-cap emerging markets index fund, a large-cap foreign index fund tha...
by livesoft
Mon Apr 21, 2014 10:23 pm
 
Forum: Investing - Help with Personal Investments
Topic: Tax efficient fund in taxable account.
Replies: 5
Views: 526

Re: New Baby Girl - What Can/Should We Do?

Well, let's hope then that some others respond with good advice.
by livesoft
Mon Apr 21, 2014 9:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: New Baby Girl - What Can/Should We Do?
Replies: 45
Views: 3117

Re: is whole life insurance a good investment?

This is a great investment for the insurance agent. But for you and your children it is one of the worst investments in the world. One of the worst. There are many threads on whole life insurance on this forum. You can find them by typing "whole life insurance" in the search text field up ...
by livesoft
Mon Apr 21, 2014 9:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: is whole life insurance a good investment?
Replies: 17
Views: 1480
Next

Return to advanced search

cron