Search found 1994 matches

by mhalley
Tue Jun 30, 2015 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old I-bond we just found?
Replies: 2
Views: 259

Re: What to do with old I-bond we just found?

One of my biggest investment regrets is not jumping on the I bonds years ago when they were paying well.
Mike
by mhalley
Tue Jun 30, 2015 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for first time Investor.
Replies: 3
Views: 331

Re: New Poster: Advice for TV

You might get some responses if you changed your post title, as is it looks like you are looking for a new television, not investment advice.
Mike
by mhalley
Sun Jun 28, 2015 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I borrow if I can buy a house with cash?
Replies: 27
Views: 3382

Re: Should I borrow if I can buy a house with cash?

Many schools of thought on this. Dave Ramsey would smack you upside the head. Emergdoc reviewed a book about leveriging retirement recently. http://whitecoatinvestor.com/the-value-of-debt-in-retirement-a-review/ Very individual decision based on multiple factors. I have no desire to take on the hass...
by mhalley
Sun Jun 28, 2015 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Forfeit 12k in rent and buy now?
Replies: 17
Views: 1236

Re: Forfeit 12k in rent and buy now?

Perhaps the current occupents would agree to a delayed closing, or if they have not bought a new house yet you could rent it to them for a couple of months. Or you could rent it to someone else for a 6 month lease.
Mike
by mhalley
Sun Jun 28, 2015 12:52 pm
Forum: Personal Consumer Issues
Topic: MS money plus and Win 8.1
Replies: 8
Views: 624

Re: MS money plus and Win 8.1

Microsft has a compatability mode, so even if it is not natively compatable hopefully it would work.
http://windows.microsoft.com/en-us/wind ... on-windows
Mike
by mhalley
Sun Jun 28, 2015 12:16 am
Forum: Personal Consumer Issues
Topic: Learning Guitar
Replies: 22
Views: 1805

Re: Learning Guitar

Like anything else there are tons of stuff on youtube. I don't play but have seen the ads on tv by a country star that teaches guitar lessons. Don't know how good it would be. Ahh, looks like it is Brad Paisley. $289 for the most expensive package. http://countryguitarchops.com/brad_paisley_guitar_l...
by mhalley
Sat Jun 27, 2015 6:16 pm
Forum: Personal Consumer Issues
Topic: Lifelock: Worth the Money or a Sham?
Replies: 16
Views: 2503

Re: Lifelock: Worth the Money or a Sham?

Looks like you know the answer. You have been paying for a service that has not lived up to your expectations. Freeze your credit and cancel the service.
Mike
by mhalley
Sat Jun 27, 2015 3:28 pm
Forum: Personal Consumer Issues
Topic: Three devices = redundancy
Replies: 30
Views: 3044

Re: Three devices = redundancy

Couldn't you continue to use the smartphone but not pay for data? That way you still have access to apps when at mickyds or whatever.
Mike
by mhalley
Sat Jun 27, 2015 11:20 am
Forum: Personal Consumer Issues
Topic: Babies and remote controls
Replies: 20
Views: 1614

Re: Babies and remote controls

This is something totally up to the parents. If they allow screen time or ipad time, fine, but if they say no then no it is. There are apps that babies can play that are educational if thay allow them. Otherwise get a toy remote. Something like this http://www.amazon.com/VTech-Click-Count-Remote-Lim...
by mhalley
Fri Jun 26, 2015 10:18 pm
Forum: Personal Consumer Issues
Topic: Best Educational iPad Apps for Adults?
Replies: 7
Views: 934

Re: Best Educational iPad Apps for Adults?

Khan acadamy. Khan Academy: learn math, biology, chemistry, economics, art history and almost anything for free
https://itunes.apple.com/us/app/khan-ac ... 63705?mt=8
Mike
by mhalley
Fri Jun 26, 2015 10:16 pm
Forum: Personal Consumer Issues
Topic: Fish in the refrigerator
Replies: 21
Views: 2497

Re: Fish in the refrigerator

If it is truly in an airtight container, then there should be no odor. Could you be getting some fish oil on your hands while putting it in the container, contaminating the outside so the smell comes from that? Also would recommend the baking soda in fridge idea.
Mike
by mhalley
Fri Jun 26, 2015 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Home equity loan to pay off student loan @ 6.55%
Replies: 11
Views: 1065

Re: Home equity loan to pay off student loan @ 6.55%

Everything we do in life has a risk and return ratio. Sure, investing when having a mortgage is sort of doing the same thing, but there are degrees. Right now everything is peachy. But tomorrow OP gets hit by a bus, becomes disabled. No longer able to work. No longer able to afford mortgage plus hel...
by mhalley
Fri Jun 26, 2015 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Home equity loan to pay off student loan @ 6.55%
Replies: 11
Views: 1065

Re: Home equity loan to pay off student loan @ 6.55%

I would never put my home at risk to pay off debt. They can't repo your education!
http://www.mybanktracker.com/news/2014/ ... ent-loans/
Mike
by mhalley
Fri Jun 26, 2015 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring @ 60; $1 million (portfolio)
Replies: 22
Views: 6601

Re: Retiring @ 60; $1 million (portfolio)

50/50 W/W has been discussed extensively on the board. You should run the numbers at cfuIesim, but i think they are doable. You don't mention the wifes age and her ss vs your ss benefits, so not sure which ss strategy would be best. Justthrowing out anither possibility, half ls conservative and half...
by mhalley
Thu Jun 25, 2015 1:34 am
Forum: Investing - Help with Personal Investments
Topic: Green, read Bogle's book, loved it. Need some opinions.
Replies: 4
Views: 754

Re: Green, read Bogle's book, loved it. Need some opinions.

Welcome to the forum. Tax laws can change at any time. It is only recently that the backdoor roth became available. All you do is open a traditional ira and fund it. As soon as the money is cleared, open a roth ira and convert the traditional ira to the roth ira. It is true the fundswill eventually ...
by mhalley
Wed Jun 24, 2015 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Injury Settlement...what to do with it?
Replies: 15
Views: 2448

Re: Personal Injury Settlement...what to do with it?

No one seems to have mentioned this, but I am concerned about the OP feeling that this case is a "slam dunk" and it is just a matter of how much he will get in a settlement. Jurys are fickle, and anything could happen in a trial. Even if OP wins the case, the plaintiff may have lost his in...
by mhalley
Wed Jun 24, 2015 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Credit - Long time Hertz Rental?
Replies: 8
Views: 953

Re: Bad Credit - Long time Hertz Rental?

What exactly is wrong with your credit, and what are you doing to correct it? Is it late payments, bankruptsy, too high debt to utilization ratio? Some of these things are fixable, you need to figure out what the problem is and take the steps to correct it. You could have a much better score in a ye...
by mhalley
Wed Jun 24, 2015 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: 401K advisor Qusestions
Replies: 25
Views: 2439

Re: 401K advisor Qusestions

I think having total, value and growth as the selection for a large cap portion of a portfolio is perfect. I just think they are looking for new fees.
Mike
by mhalley
Wed Jun 24, 2015 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need help planning contributions so I can retire early
Replies: 17
Views: 1580

Re: Need help planning contributions so I can retire early

Thought I would post a link about the Larry portfolio where he advocates more to small: http://www.cbsnews.com/news/how-to-dive ... vestments/
Mike
by mhalley
Wed Jun 24, 2015 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Only contribute to the match?
Replies: 12
Views: 1335

Re: Only contribute to the match?

The general order of investing goes like this: 1. 401k to the match 2. Max roth 3. Max 401k 4. Taxable investing In general, as long as your 401k expenses are below 2% you should still invest in the 401k. Sure, try to keep the expenses down as much as possible, but not everyone has the perfect 401k....
by mhalley
Tue Jun 23, 2015 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need help planning contributions so I can retire early
Replies: 17
Views: 1580

Re: Need help planning contributions so I can retire early

Everyone loves to have a very low er on their mutual fund. However, sometimes we get a little too carried away. The fact that your large cap fund is average instead of being extremely low should not mean that you go with some crazy asset allocation. Instead, look at what your average er is for your ...
by mhalley
Tue Jun 23, 2015 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on my 401k choices and retirement planning
Replies: 9
Views: 979

Re: Opinion on my 401k choices and retirement planning

Welcome to the forum. First, I would say Fidelity is a fine brokerage. If you have your 401k money there, I would just the ira keep it there. The way to search for Fidelitys good funds is to use the word "spartan". There you will find their list of cheap funds. ALSO, if you think you might...
by mhalley
Tue Jun 23, 2015 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: Where to Begin [Tax Efficient Mutual Funds for Some Inheritance]
Replies: 15
Views: 1300

Re: Where to Begin

Sorry you are ill, hope you feel better soon. My first question is why is your husbands financial advisor not also helping you? Is your husband paying an aum (assets under management fee) so only his accounts are being "advised"? If so, your husband may need to reevaluate his financial pla...
by mhalley
Tue Jun 23, 2015 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Injury Settlement...what to do with it?
Replies: 15
Views: 2448

Re: Personal Injury Settlement...what to do with it?

There is nithing tough about paying off a loan to a family member when you come into awindfall. That should be payed off before anything else imo. Like Dave Ramsey say, dinner tastes different when you owe a family member. I sgree with most of the comments. After you do all of the above, you might c...
by mhalley
Mon Jun 22, 2015 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA - Switching from a higher cost fund to a lower cost fund
Replies: 7
Views: 928

Re: Roth IRA - Switching from a higher cost fund to a lower cost fund

No reason you can't do all of your investing in vanguard etf's. Many people like the simplicity of not having to do limit orders, plus avoiding the temptation to move in and out of etfs.
Mike
by mhalley
Mon Jun 22, 2015 7:50 pm
Forum: Personal Consumer Issues
Topic: Moving from Android to iOS
Replies: 13
Views: 1472

Re: Moving from Android to iOS

Hmm don't know why co won't allow fire phone, it is an android phone too. Maybe you could root it with a custom rom?
Mike
by mhalley
Mon Jun 22, 2015 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 34
Views: 4517

Re: Made outsize returns in a short period of time: what am I doing wrong?

Didn't I read somewhere that the worst thing to happen with a beginning investor is that they make a huge profit? Gives them an inflated sense of knowing what they are doing, resulting in a spiral down the wrong path. Congratulations on your success, hope it continues.
Mike
by mhalley
Mon Jun 22, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: holding a mortgage in retirement
Replies: 14
Views: 1445

Re: holding a mortgage in retirement

Emergdoc reviewed a book on his blog recently that advocates having a large mortgage in retirement. The book is: The Value of Debt in Retirement: Why Everything You Have Been Told Is Wrong by Thomas J. Anderson. The author calls certain types of debt "enriching debt": He considers this to ...
by mhalley
Sun Jun 21, 2015 3:36 pm
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 13292

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

Perhaps it is because more of the bogleheads scale older than the ones on the other forum. You might find that the majority of the boglheads tried some of these get rich quick schemes and got creamed. Like the saying goes, bulls make money, bears make money, but pigs get slaughtered. Also, part of t...
by mhalley
Sun Jun 21, 2015 3:19 pm
Forum: Investing - Theory, News & General
Topic: Robo Advisor for people in retirement
Replies: 8
Views: 1485

Re: Robo Advisor for people in retirement

I don't think you need a robo for this. LSC already rebalances, and Vanguard has an RMD service. Here is what Vanguard will do: "Help managing your RMD—at no charge. We'll: Calculate your RMD. We'll automatically calculate your distribution amount each year based on your retirement account bala...
by mhalley
Sun Jun 21, 2015 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA - Switching from a higher cost fund to a lower cost fund
Replies: 7
Views: 928

Re: Roth IRA - Switching from a higher cost fund to a lower cost fund

There are no tax implications for trading within an ira. Just sell the fund and use the proceeds to buy the etf. Remember to use limit orders. http://www.bogleheads.org/wiki/Orders I am not sure about tda settlement policy, ie when the funds will be available to trade. I think it is next business da...
by mhalley
Sat Jun 20, 2015 2:56 am
Forum: Investing - Theory, News & General
Topic: Does the tax efficiency of fund placement depend on your time horizon?
Replies: 24
Views: 1807

Re: Does the tax efficiency of fund placement depend on your time horizon?

Stocks are taxed at the much lower capital gains tax rate (except if held for less than a year) while bonds are taxed at the nominal tax rate. You don't hold anything short term in a tax deferred account, plus everything that comes out of the tax deferred account is taxed at the nominal tax rate.(No...
by mhalley
Fri Jun 19, 2015 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: One-Two Punch for my credit card game
Replies: 62
Views: 7605

Re: One-Two Punch for my credit card game

And Dave Ramsey says he never met anyone that got rich from their cc rewards!
Mike
by mhalley
Fri Jun 19, 2015 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond Market ETF (BND) and Taxes
Replies: 17
Views: 1931

Re: Vanguard Total Bond Market ETF (BND) and Taxes

With bond yields so low, some think that bond funds can be in taxable. That being said, you need to look at the taxable equivalent yield between the total bond fund and the muni fund. The tax equivalent yield on the vanguard intermediate tax exempt fund is 2.51% at the 25% tax bracket according to t...
by mhalley
Fri Jun 19, 2015 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401K advisor Qusestions
Replies: 25
Views: 2439

Re: 401K advisor Qusestions

I don't really understand the reasoning behind the switch. The Vanguard funds had overlap and there was a glidepath? Sounds like every other 401k in the world. My Fidelity 401k lists 6 large cap funds, 4 mid cap funds, 3 small cap funds, 5 international funds, 6 bond funds, PLUS multiple target date...
by mhalley
Fri Jun 19, 2015 3:32 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story
Replies: 15
Views: 2693

Re: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story

That is the thing about Dave's advice: Anyone can give it if they know his Baby Steps. I listen to his podcast daily for the entertainment value, and I can predict how he will answer the caller's question 98% of the time. So all he needs is someone with a lot of charisma to learn his baby steps, and...
by mhalley
Fri Jun 19, 2015 12:47 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story
Replies: 15
Views: 2693

Re: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story

I have often wondered if daves elps has everyone100% in stocks as he suggests. Do you think there are a lot of80 yr olds out there that love dave so they put their money with an elp. Do his elps have a fiduciary duty? I think dave is promoting his "personalitys" to ensure survival of his c...
by mhalley
Fri Jun 19, 2015 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account Custodian
Replies: 8
Views: 822

Re: Health Savings Account Custodian

Several others that are discussed on the board are hsa bank, saturna and elements financial
Mike
by mhalley
Fri Jun 19, 2015 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investing 11 Million Dollar Gift
Replies: 80
Views: 11863

Re: Investing 11 Million Dollar Gift

Congratulations on your windfall. The obvious place to start is at the widfall wiki. http://www.bogleheads.org/wiki/Managing_a_windfall When something like this happens, the biggest thing is to not do anything rash. Vanguard will manage the money for .3%, or schwab has their new "fee" inte...
by mhalley
Fri Jun 19, 2015 12:39 am
Forum: Personal Consumer Issues
Topic: Norton Anti-Virus
Replies: 12
Views: 1791

Re: Norton Anti-Virus

Most bogleheads would say that they use one of the free antiviruses and don't bother with the paid ones. There are many good free ones out there.
Avast, AVG, Microsoft, etc.
Mike
by mhalley
Fri Jun 19, 2015 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Traditional IRA Rollover or not?
Replies: 10
Views: 725

Re: Traditional IRA Rollover or not?

IS this all the money you have in traditional IRAs? You will end up paying taxes at your tax rate of 25% on the conversion. So you would owe $1450 in taxes. Be sure you have the money to pay the taxes, and that it is not witheld when you do the rollover. I do think a Roth is a better idea than a tra...
by mhalley
Fri Jun 19, 2015 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Medical School Investing/Debt Management
Replies: 7
Views: 1547

Re: Medical School Investing/Debt Management

Welcome to the forum! First, let me recommend checking out the great blog by emergdoc, http://whitecoatinvestor.com/ Looks like you have a little while before you start making some money. Hopefully you will get a job after graduation May 2016 and she will become a resident july 2016? Lets take a sta...
by mhalley
Thu Jun 18, 2015 12:00 pm
Forum: Personal Consumer Issues
Topic: New to Golf
Replies: 45
Views: 4661

Re: New to Golf

Maybe lon will sell you his clubs.
viewtopic.php?f=11&t=167986&newpost=2527467
by mhalley
Thu Jun 18, 2015 2:48 am
Forum: Investing - Help with Personal Investments
Topic: Financial Plan
Replies: 13
Views: 1701

Re: Financial Plan

You have done great and have become millionaires. Congratulations! Where was the money before it was in cash, and how long has it been there? The market is high, but no one knows whether it will go higher. Certainly it will drop at some point, but no one knows when that will be. Take the example of ...
by mhalley
Wed Jun 17, 2015 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! Need advice on SEP IRA. I'm a NEWBIE
Replies: 5
Views: 589

Re: HELP! Need advice on SEP IRA. I'm a NEWBIE

I like financial samurais take on paying loans vs saving based on the interest rate of the loans. Here is his fs-dair plan In a nutshelll: The percentage of one dollar you should consider allocating to paying down debt is simply the debt interest level X 10. So you would put 68% of savings toward th...
by mhalley
Wed Jun 17, 2015 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: To Open a practice or Not to Open a practice
Replies: 10
Views: 1180

Re: To Open a practice or Not to Open a practice

Certainly you will make much more money as a private od. You probably are aware of the numbers, but in case you are not the most recent free salary survey i found with a quick google search was from 2013. (The aoa wanted 300 for their most recent survey). Plus, as a pp, you could put much more away ...
by mhalley
Wed Jun 17, 2015 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Investing advice for new physician
Replies: 10
Views: 1308

Re: Investing advice for new physician

Fidelity, schwab and vanguard all have good low cost index funds, so any of these would be a great choice. If your 401k is at one of these shops it would be a little simpler overall to keep your ira/ taxable accounts in one place. Bogleheads generally prefer the three fund portfolio (total stock, to...
by mhalley
Wed Jun 17, 2015 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: My grandparents need their hodgepodge of investments sorted out
Replies: 14
Views: 1824

Re: My grandparents need their hodgepodge of investments sorted out

These seem to be the exact type of people that the Vanguard PAS would help. I don't know if setting them up with ETFs instead of mutual funds is a good idea. They don't have a lot of money to start with, unless there are IRAs or 401ks that you don't mention. Do they need any of the money to live on?...
by mhalley
Wed Jun 17, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Life claim denied
Replies: 38
Views: 3316

Re: Dependent Life claim denied

So sorry for your loss. Definitely seems like a complaint to the insurance commissioner is in order. If it is because you both worked at the same company, there should definitely be a process to prevent people from buying this. There should be a disclaimer at the HR website, a checkbox stating your ...
by mhalley
Wed Jun 17, 2015 3:10 am
Forum: Investing - Help with Personal Investments
Topic: Help me plan retirement account for this year
Replies: 8
Views: 629

Re: Help me plan retirement account for this year

The main 3 tax advantaged plans are 401k, IRA (Traditional and Roth) and Health Savings account. I would opt for Roths in additon to the wifes 401k, and HSA if you have a high deductable insurance policy.
Mike

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