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Re: Need to find a health insurance provider!

You other option for a period <1 yr is short-term insurance to fill the gap. There are limitations to the coverage, at least pre-ACA, such as no preexisting conditions, lifetime limit of $1M but it will at least prevent a big medical event from impacting you adversely. Some include wellness visit an...
by lwfitzge
Fri Oct 25, 2013 4:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Need to find a health insurance provider!
Replies: 10
Views: 756

Re: How Does QE Cause Equities to Rise ?

purchase monetary assets from banks, expand monetary base, increasing the value of the assets and decrease their yields. This decrease interest rates, the cost of borrowing for companies and consumers and lowers their interest payments. Companies invest new capital invested in expansionary things th...
by lwfitzge
Fri Sep 20, 2013 8:32 am
 
Forum: Investing - Theory, News & General
Topic: How Does QE Cause Equities to Rise ?
Replies: 60
Views: 3188

Re: Got fired earlier this week, now the boss wants me back

my wife is a nurse practitioner.... in our part of country...plenty of jobs for PA's and APRN's. I would walk and not look back.
by lwfitzge
Sat Sep 14, 2013 10:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Got fired earlier this week, now the boss wants me back
Replies: 123
Views: 10929

Re: Affording stay at home parent

WE've never had a full time stay at home parent but my wife and I have taken turns over our career being part-time as home-based/employed parents. We have an 11 year old and a 16 yr old. I the last 5 years for example, my wife has exited work, gone to school part-time and worked part time in the mid...
by lwfitzge
Sat Sep 14, 2013 8:28 am
 
Forum: Personal Finance (Not Investing)
Topic: Affording stay at home parent
Replies: 74
Views: 7069

Re: NOT saving for college

not mutually exclusive decisions, at least should not have to be for an average boglehead w an average networth of $1M according to our polls and the power of compounding. These decisions reflect more our value system and about should I fund rather than an ability to fund. So yes, my values tell me ...
by lwfitzge
Tue Sep 03, 2013 12:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: NOT saving for college
Replies: 112
Views: 7771

Re: Careers (Business, Finance, Economics, Information Tech)

boglehead philosophy does not lend itself to areas of my life outside of saving and investing style. I'm a medical scientist, executive, and entrepreneur that has sought lots of change and risk in my professional life these last 20 years... not a poster child for staying the course or planning for e...
by lwfitzge
Tue Sep 03, 2013 11:53 am
 
Forum: Personal Consumer Issues
Topic: Careers (Business, Finance, Economics, Information Tech)
Replies: 1
Views: 379

Re: Going Back to School after all these years?

I went back at age 44 to get my MBA from University of Michigan. I was a R&D exec in pharma w a PhD already. Was it worth it. well I would not trade the life experiences I had those two years for anything and it gave me the courage and credibility to quite corporate life and be an entrepreneur. ...
by lwfitzge
Mon Sep 02, 2013 8:18 am
 
Forum: Personal Consumer Issues
Topic: Going Back to School after all these years?
Replies: 18
Views: 1266

Re: Frustration with Vanguard

I did this completely online without any delay (like 5 min!) in the last year. It was simple, required no signatures. No form to send in. I recall my wife received an email and she had to click yes to complete and give me agent authority. I gave her agent authority on my as well. I see the biggest f...
by lwfitzge
Sat Aug 31, 2013 8:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Frustration with Vanguard
Replies: 21
Views: 3091

Re: Amex - grrr!!!

I agree...just chalk it up to a crazy rare event. AMEX is usually rock solid. Aside from overdraft protection, my bank offer overdraft sweep. Basically they link the checking account to another account (saving account) and it draws from that account if needed for overdraft for a $10 per instance occ...
by lwfitzge
Tue Aug 20, 2013 6:56 pm
 
Forum: Personal Consumer Issues
Topic: Amex - grrr!!! [Account overdraft]
Replies: 18
Views: 2079

Re: Jack Bogle on CNBC

As I was being force-fed CNBC in my dentist's waiting room, I heard three guests agree, in very serious tones (and with straight faces), that we are now in a "stock-picker's market." Poor Mr. Bogle. I find CNBC to be very entertaining for some reason. Maybe its all the scrolling numbers a...
by lwfitzge
Tue Aug 20, 2013 8:36 am
 
Forum: Investing - Theory, News & General
Topic: Jack Bogle on CNBC
Replies: 46
Views: 4909

Re: Honda CRV Purchase Price

try Truecar.com... I looked up CRV-EX for my region at your MSRP and Boch in Massachusetts offers at $24,813 - below invoice (including destination charge).
by lwfitzge
Mon Aug 19, 2013 7:58 pm
 
Forum: Personal Consumer Issues
Topic: Honda CRV Purchase Price
Replies: 13
Views: 3077

Re: car maintenance ... how to save

I have 3 Honda's and love their reliability. I don't love how they push what is a fairly aggressive maintenance schedule on me. For the warrantied cars I go by the maintenance clock and not the the stealership's own pre-set mileage schedule just to stay within factory defined limits for warranty. Fo...
by lwfitzge
Sat Aug 17, 2013 6:06 am
 
Forum: Personal Consumer Issues
Topic: car maintenance ... how to save
Replies: 37
Views: 2676

Re: Dr. Wade Pfau on the 4% Rule

Flexibility, folks. Yes. And flexibility has a price. No such thing as free lunch, in life or life planning. Since we are throwing around Pfau a lot today. I found this paper to be a bit more thoughtful as it captures some of the themes in the thread... flexibility in spending habits and general ri...
by lwfitzge
Wed Aug 14, 2013 11:22 am
 
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau on the 4% Rule
Replies: 124
Views: 9895

Re: Advice needed regarding changing Vanguard Flagship rep

Out of curiosity. How often and why does someone need to talk a rep? I never talk to anyone, well almost never, and that is when someone has called me. If I need special information or have a problem, which is no more than once or twice a year, if that, it is handled by secure email. I have used my...
by lwfitzge
Wed Aug 14, 2013 7:32 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice needed regarding changing Vanguard Flagship rep
Replies: 21
Views: 1590

Re: Advice needed regarding changing Vanguard Flagship rep

I view my flagship rep simply as customer service rep ( not a financial expert/advisor) assigned to a more focused pool of clients to provide a higher service level or a "sense" of greater exclusivity (yep, think marketing, not finance). The CFP is for financial advice.
by lwfitzge
Tue Aug 13, 2013 11:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice needed regarding changing Vanguard Flagship rep
Replies: 21
Views: 1590

Re: POLL: How much do you like your job?

I love my job. I'm self employed, work PT and and have no boss.
by lwfitzge
Tue Aug 13, 2013 5:25 pm
 
Forum: Personal Consumer Issues
Topic: POLL: How much do you like your job?
Replies: 41
Views: 2934

Re: Dr. Wade Pfau on the 4% Rule

If the advice given around the year 2000 tells us that 4% is prudent, and then ten years later the number is revised to 3%, then shame on "them," because that 4% number was supposed to be taking into account the full range of likely future market behavior. There is nothing about known mar...
by lwfitzge
Tue Aug 13, 2013 9:06 am
 
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau on the 4% Rule
Replies: 124
Views: 9895

Re: Why aren't Car dealers prepared to deal?

I bought a 2013 Honda Accord V6 EX-L last week from a MA dealer because he came in $1700 better than 3 others in my home state (CT). The other dealers would not deal. The dealer I went with even drove the car to my DMV and we exchanged the new car for my trade-in in the DMV parking lot. Great custom...
by lwfitzge
Mon Aug 12, 2013 9:00 pm
 
Forum: Personal Consumer Issues
Topic: Why aren't Car dealers prepared to deal?
Replies: 91
Views: 8691

Re: When did you get term life insurance? How long and how m

I chose a term that covers up to point in time where my wife would be fully retired and have full access to retirement savings, as well as be a point where both of my kids would be well out of college and independent. I got $1.5M coverage for 15 yrs starting at age 47. Previously when I was in corpo...
by lwfitzge
Sun Aug 11, 2013 2:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: When did you get term life insurance? How long and how much?
Replies: 32
Views: 2429

Re: LinkedIn strategy?

My career is not local but has an international/national reach and footprint. Linkedin has been very useful to understanding my extended network for fostering collaborations, new consulting gigs, and job opportunities. If a person is truly peripheral or unrelated to my line of business, I tend not a...
by lwfitzge
Fri Aug 09, 2013 6:27 pm
 
Forum: Personal Consumer Issues
Topic: LinkedIn strategy?
Replies: 51
Views: 5626

Re: My refrigerator is doing weird things

I have a 6 yr old GE Profile Side by side 2 door... Our fridge would hold temp then stop cooling and then suddenly try to cool again. Fan was working, coils clean. It was the microprocessor (motherboard) in our case.... about $300 fix.
by lwfitzge
Thu Aug 08, 2013 8:00 pm
 
Forum: Personal Consumer Issues
Topic: My refrigerator is doing weird things
Replies: 12
Views: 1042

Re: Extreme Early Retirement

King Tut - Remember that this is a very conservative forum, and this obviously impacts the responses. Good thing / bad thing. Very responsible, fiscally conservative (in a personal sense) population here. However, this is not the most fruitful place for early retirees or those who don't consider th...
by lwfitzge
Tue Aug 06, 2013 4:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Extreme Early Retirement
Replies: 104
Views: 11140

Re: Extreme Early Retirement

Agree w Livesoft... as with my case... no one restricted from ever working again if need, one can adapt either in spending or income to accommodate what life presents you with. The way I looked at it is that I can always find a way to get more money if needed, it's time I can't get back or added to ...
by lwfitzge
Mon Aug 05, 2013 9:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Extreme Early Retirement
Replies: 104
Views: 11140

Re: Extreme Early Retirement

Congrats on your accomplishment at such young ages. I reached a similar milestone at 48 years of age. For me, the choice is not work full FT or retire, it was to jump off the corporate rat race and have more time to do what I want to do. That's quite an empowered position and you should use it. This...
by lwfitzge
Mon Aug 05, 2013 8:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Extreme Early Retirement
Replies: 104
Views: 11140

Re: New Honda Accord v/s CPO BMW 328i

The reason I have been driving BMWs since 1999 is because it's a drivers car and anyone that spends anytime in one on a long curvy country road understands the value proposition. I never bought one as a status symbol...there are other brands to target that audience (of course a loaded 5 or 7 series ...
by lwfitzge
Sat Aug 03, 2013 3:52 pm
 
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 8910

Re: New Honda Accord v/s CPO BMW 328i

We are a loyal Honda and BMW family but its apples and oranges to me. I have owned four BMWs and currently drive a 2011 335i coupe. I also own a 2010 Honda crv and a 2003 Honda Pilot. One brand has been very reliable for me and one has been relatively horrible but ive been saved when covered under w...
by lwfitzge
Wed Jul 24, 2013 5:08 pm
 
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 8910

Re: Shoe recommendation

My absolute favorite shoe brand is ECCO. Well made (Danish) and not cheap but rewards you with comfort and durability (shoe sole and uppers last years). It's the only brand I've been buying for dress and casual shoes for last 10 years.
by lwfitzge
Mon Jul 22, 2013 9:08 am
 
Forum: Personal Consumer Issues
Topic: Shoe recommendation
Replies: 20
Views: 2900

Re: Keep going with MBA (1/3 done)

Michigan MBA here (I'm a bit biased, :wink: ). Why not go with your alma mater or another tier 1 program (top 15/20 or so)? I agree you should persevere in any case but top MBA programs provide the greatest value and return. As most of these programs want 3-5 yrs work experience, I suspect your a bi...
by lwfitzge
Thu Jul 18, 2013 8:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Keep going with MBA (1/3 done)
Replies: 29
Views: 2155

Re: savings account in kids name

So, I've been thinking about this for a while. I have a portion of my emergency savings in an online savings account jointly held by my wife and me. Why not put it in an account that the primary SSN is my son, and joint with my wife and me. This would allow the interest income to be taxed at his ra...
by lwfitzge
Fri Jul 12, 2013 3:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: savings account in kids name
Replies: 6
Views: 564

Re: Term life insurance application question, unhappy with q

I went with Selectquote, broker recommended best term cost/rating company which in my case was Banner Life
by lwfitzge
Fri Jul 12, 2013 3:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Term life insurance application question, unhappy with quote
Replies: 13
Views: 1001

Re: Ridiculous lawn service

I was paying a ridiculous amount w a padded service contract. Mine also included tree/plant applications for insects and I was forking over $800/yr for 1 acre. I took control and did it myself - one early spring (crabgrass prevention + fertilizer), spring, early summer (fertilizer+weed prevention), ...
by lwfitzge
Fri Jul 05, 2013 2:05 pm
 
Forum: Personal Consumer Issues
Topic: Ridiculous lawn service
Replies: 55
Views: 6619

Re: Mid Life Crisis help!

Your situation is not unusual. If you are in a more financially secure postion, you have options. Depending on your financial flexibility and the emotional value/meaning you assign to your career/job you can : hold on for the check and ride it out, Cut way back on expenses like MMM and semi-retire, ...
by lwfitzge
Wed Jul 03, 2013 8:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Mid Life Crisis help!
Replies: 28
Views: 5943

Re: Taxes - Live in different State from Work

I am contemplating a move that would have me remotely working in state X while living in state Y and essentially spending VERY little time physically in the work location [state X] (been generic and I know it somewhat matters the states involved). This is as a W2 employee and I would expect the pos...
by lwfitzge
Tue Jun 11, 2013 12:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Taxes - Live in different State from Work
Replies: 11
Views: 653

Re: Good place to travel in July?

Last July, took my family to Yellowstone and Gran Tetons...wonderful trip and while it's a popular time for tourists it never felt crowded.
by lwfitzge
Sun Jun 09, 2013 9:33 am
 
Forum: Personal Consumer Issues
Topic: Good place to travel in July?
Replies: 24
Views: 1622

Re: Should you tip at walk-up-to-order restaurants?

I've been to self serve buffet style places where you get your own food and they get you drinks and bus the tables. I give a smaller tip in those instances, e.g., 10% vs 20%.
by lwfitzge
Sun May 26, 2013 12:13 pm
 
Forum: Personal Consumer Issues
Topic: Should you tip at walk-up-to-order restaurants?
Replies: 12
Views: 1211

Re: What's the point? [job frustration]

I appreciate your position, I was there a couple years ago. I was a well compensated pharma/biotech executive at 48 that toughed it out enough to reach my number but getting there was impacting my health and my family life even more so. I was on the road, often living away from family Mon-Fri and se...
by lwfitzge
Wed May 22, 2013 5:59 am
 
Forum: Personal Finance (Not Investing)
Topic: What's the point? [job frustration]
Replies: 42
Views: 4398

Re: I really hope people aren't tilting US due to recency

where's the projections of Danish tulips? I hear they may be big again :)
by lwfitzge
Wed May 22, 2013 4:24 am
 
Forum: Investing - Theory, News & General
Topic: I really hope people aren't tilting US due to recency
Replies: 36
Views: 2557

Re: Can I retire - single person version

yes..congrats and enjoy!
by lwfitzge
Mon May 13, 2013 8:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can I retire - single person version
Replies: 38
Views: 3794

Re: Can I retire?

Also, I've never seen this sort of analysis, but it must exist. We talk about various sorts of risk when planning investments and retirements, like inflation risk, etc. What about "death risk"? "Disability risk"? (These being the risk of dying before you get to enjoy the retirem...
by lwfitzge
Mon May 13, 2013 10:10 am
 
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 78
Views: 7636

Re: Where to backup /Save sensitive information; Google Driv

I use Dropbox for important files. I use Carbonite as an automatic and daily backup of my entire computer. Most receipts from vendors, CC, Vanguard, banks are keep on their site in pdf (paperless) form. My taxes are hard copied and on DVD from my CPA. That covers 100% of my electronic files and 90% ...
by lwfitzge
Mon May 13, 2013 8:25 am
 
Forum: Personal Consumer Issues
Topic: Where to backup /Save sensitive information; Google Drive ?
Replies: 51
Views: 3549

Re: Can I retire?

+1! - Well said and I agree with it 100% I have been reading different blogs and forums about personal finance. It is my hobby and I do learn new things and I see others perspective on personal finance. Some of the sites/forums advocate for stash as much cash as you can, live very frugal to a point...
by lwfitzge
Sun May 12, 2013 4:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 78
Views: 7636

Re: Can I retire?

at 25X income needs, you certainly are within range but for someone a tad older than you (e.g., 30 yrs expected retirement). More is better but it's possible. You have the mortgage paid and 529's well sourced. Do you have pensions to draw on and what are your expected SS benefits? Factor that in the...
by lwfitzge
Sun May 12, 2013 8:21 am
 
Forum: Personal Finance (Not Investing)
Topic: Can I retire?
Replies: 78
Views: 7636

Re: How much money do you need to retire at 40?

as a starting place, I like the equation Rick Ferri' uses. I would adjust up the capital needs in your case given the especially lengthy, potential retirement.

Annual Income needs - Annual SS benefits - Annual pension X 25.
by lwfitzge
Sat May 11, 2013 7:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to retire at 40?
Replies: 90
Views: 13264

Re: College savings too conservative / risk-averse?

it's different from your overall allocation but really it may not be. The thinking that got you to a retirement ISP and the current state of that retirement funds is relevant to decisions re: 529 (e.g., pay yourself and your retirement first). You can forecast expected return and monthly contributio...
by lwfitzge
Sat May 11, 2013 6:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: College savings too conservative / risk-averse?
Replies: 8
Views: 467

Re: Nit-picking DFA's presentation of "diversification"

Random Musings wrote:Maybe DFA just got a case of the Vapors.

They're turning Japanese
I think they're turning Japanese
I really think so

RM



lol, I got it...wondering the breakdown of BH's that got it...
by lwfitzge
Sat May 11, 2013 8:31 am
 
Forum: Investing - Theory, News & General
Topic: Nit-picking DFA's presentation of "diversification"
Replies: 16
Views: 1023

Re: Should I tilt small-value? EM? How?

You can go with 3 fund simplicity or slice and dice (both camps are on this forum) either to increase diversification or to capture other risk premia. More expected return, is only expected and may not show up in your time frame and there is no free lunch re: risk/return. I am a slice and dicer and ...
by lwfitzge
Sat May 11, 2013 8:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Should I tilt small-value? EM? How?
Replies: 10
Views: 1118

Re: Fund Advice from Advisor - S&P500 Performance

1) first, apples vs oranges , different asset classes, different benchmark indexes and different risk premia... nice comparison w that shell game, NOT. 2) even if he showed you a lg cap blend that beats SP500 ... past performance does predict future, ask him if he sees the future! If he does, ask hi...
by lwfitzge
Fri May 10, 2013 8:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Fund Advice from Advisor - S&P500 Performance
Replies: 42
Views: 1959

Re: 100% equities, anyone?

have not been near 100% equity since the tech (and my personal) meltdown... live and learn...60/40 is my mix now
by lwfitzge
Fri May 10, 2013 8:42 pm
 
Forum: Investing - Theory, News & General
Topic: 100% equities, anyone?
Replies: 149
Views: 9635

Re: re: First time to Boston

currently work and previously lived in Cambridge.. agree w other suggestions... visit Cambridge from Harvard to Kendall all on the redline T stops. Walk to East Cambridge (20 min casual walk from, Kendall stop) to visit Museum of Science and from there catch a Charles river and land tour on the famo...
by lwfitzge
Fri May 10, 2013 11:29 am
 
Forum: Personal Consumer Issues
Topic: re: First time to Boston
Replies: 31
Views: 2002

Re: Great "investing" article

Thanks for sharing. I can really identify. Growing up low-middle working class in a city then poor when my Dad abandoned the family at a young age. Support and love of family can carry you through a lot and they leave indelible marks on us as adults and parents. Like the writer, I too was "save...
by lwfitzge
Fri May 10, 2013 8:29 am
 
Forum: Investing - Theory, News & General
Topic: Great "investing" article
Replies: 8
Views: 2046
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