Search found 2144 matches

by mhalley
Wed Jul 29, 2015 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Transitioning from Cobra to Medicare
Replies: 3
Views: 141

Re: Transitioning from Cobra to Medicare

So you will need 5 months of coverage. You can either sign up for an ACA plan during open enrollment, or sign up when you cobra plan runs out, depending on which plan you will want. (price, coverage, etc.) There are certain rules pertaining to HSA and medicare that you need to be aware of, if you ar...
by mhalley
Tue Jul 28, 2015 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: daughter's college fund
Replies: 2
Views: 489

Re: daughter's college fund

There are multiple things that could be done. Remember that since it is in a 529, if the money is not used for education you will have to pay penalty on the earnings. http://www.savingforcollege.com/articles/20100122-5-ways-to-spend-leftover-529-plan-money So you could do several things. If you cash...
by mhalley
Tue Jul 28, 2015 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: MAC/Vanguard 20/80 Two Fund Portfolio
Replies: 3
Views: 244

Re: MAC/VANG 20/80 TWO FUND PORTFOLIO

Looks like you are jumping from the frying pan into the fire. Bogleheads do not believe in market timing. Many studies have shown that it is impossible to predict the markets. This site is trying to sell you a service to tell you when to apply their market timing models. Looks like they have various...
by mhalley
Tue Jul 28, 2015 4:37 pm
Forum: Personal Consumer Issues
Topic: Fed UP With Fed Ex
Replies: 15
Views: 1068

Re: Fed UP With Fed Ex

I would imagine the contract goes to the lowest bidder. The co says I ship x number of packages a day weighing y, how much will you charge me? UPS say 3 bucks a box, fedex says 2.95 so they get the contract. When the contract is up, bids are redone. (This is just a guess, but what do I know?). There...
by mhalley
Tue Jul 28, 2015 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can I reject a medical exam during insurance application without consequences?
Replies: 48
Views: 2610

Re: Can I reject a medical exam during insurance application without consequences?

I see two possible scenarios here. ( well, there are many, but wanted to highlight these). 1. Op finds insurance without getting a medical exam. 2 years later he dies from easily treatable, undiagnosed condition. Yay! He beat the vast insurance conspiracy. 2. Op has medical exam and they find the co...
by mhalley
Tue Jul 28, 2015 2:56 am
Forum: Personal Finance (Not Investing)
Topic: Divorce
Replies: 57
Views: 4935

Re: Divorce

From listening to Dave Ramsey the biggest problem that people call in about is that there was a mortgage in both spouses names, and one spouse gets the house in the divorce. Invariably, the mortgage is not switched over to the one spouse, and the one living in the house stops making payments, trashi...
by mhalley
Mon Jul 27, 2015 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Need a Piece of Evidence on the Boglehead Strategy
Replies: 33
Views: 2603

Re: Need a Piece of Evidence on the Boglehead Strategy

You might run your portfolo through https://www.portfoliovisualizer.com/bac ... sisResults and see whether your portfolio beat the three fund portfolio.
Mike
by mhalley
Mon Jul 27, 2015 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can I reject a medical exam during insurance application without consequences?
Replies: 48
Views: 2610

Re: Can I reject a medical exam during insurance application without consequences?

I think that any reputable insurance company is going to requre an exam If writing a significant policy. The older you are, the more extensive it will be. The consequences of refusing the exam is they refuse to write the policy. It is everyones responsibility to take care of their own health. You sh...
by mhalley
Mon Jul 27, 2015 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $3,000 for a 1-year old
Replies: 9
Views: 1125

Re: Investing $3,000 for a 1-year old

There are several ways you could save For your daughter. Each has their plusses and minuses. 1. Ugtm account. Advantage taxed at child rate, disadvantage money is hers when she comes of age, and she can blow it if she wants to. 2. If you think she will go to college, a 529 account is good. Advantage...
by mhalley
Mon Jul 27, 2015 3:24 pm
Forum: Personal Consumer Issues
Topic: Home Insurance- Travelers Vs All State
Replies: 1
Views: 212

Re: Home Insurance- Travelers Vs All State

No experience with either, but you could check out the JD Power ratings. I would wonder how Allstate got your info to be able to make an accurate quote, so I would be a little skeptical. http://ratings.jdpower.com/insurance/ratings/909202085/2015-U.S.+Insurance+Shopping+Study/index.htm They look pre...
by mhalley
Mon Jul 27, 2015 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor fee question
Replies: 19
Views: 1312

Re: Advisor fee question

A Mercedes SLK is going for $499 right now. So the poor advisor would have to pay $83 a month for his sweet, sweet ride.
Mike
by mhalley
Mon Jul 27, 2015 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $750k
Replies: 6
Views: 874

Re: What to do with $750k

The default response to how to invest money on bogleheads is always the three fund portfolio, consisting of total stock market, total bond matket, and total international stock market in the asset allocation that lets you sleep at night. http://www.bogleheads.org/wiki/Three-fund_portfolio The wrinkl...
by mhalley
Mon Jul 27, 2015 3:07 am
Forum: Investing - Help with Personal Investments
Topic: Hourly W2 - Any Retirement Options?
Replies: 10
Views: 819

Re: Hourly W2 - Any Retirement Options?

IF you are healthy then you could get a high deductable health insurance plan and invest in a health savings account. This is triple tax deferred, and can be looked at as a "stealth ira". Limits for 2015 are $3350 individual $6650 family. You will need to be sure to save all of your medica...
by mhalley
Mon Jul 27, 2015 2:42 am
Forum: Investing - Theory, News & General
Topic: Best Portfolio Tracker
Replies: 12
Views: 1746

Re: Best Portfolio Tracker

I don't see a way to automate it. I think the only way to do it would be to use the Morningstar portfolio tracker. It is not automated, but since you are only dealing with the international holdings it would not be as much work. TRP gives you free access to morningstar portfolio tracker so you don't...
by mhalley
Mon Jul 27, 2015 1:49 am
Forum: Investing - Theory, News & General
Topic: Best Portfolio Tracker
Replies: 12
Views: 1746

Re: Best Portfolio Tracker

Personal capital only breaks intl down to Developed and Emerging markets, not market cap. It does break the domestic down by market cap using a moriningstar type style box.
Sigfig does the same, Developed and Emerging, not Market cap. It does NOT break domestic down by market cap.
Mike
by mhalley
Mon Jul 27, 2015 12:04 am
Forum: Personal Consumer Issues
Topic: Can you return food at a restaurant and not have to pay for it?
Replies: 44
Views: 3978

Re: Can you return food at a restaurant and not have to pay for it?

I have always heard stories about things happening to foodwhen it is sent back. If i get food that i can't eat, i eat bread and stop at micky Ds on the way home. I might get a box if it is something my wife could eat, or asteak that is underdone.
Mike
by mhalley
Sun Jul 26, 2015 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: I am a Rookie. I need some investing help.
Replies: 5
Views: 566

Re: I am a Rookie. I need some investing help.

O i forgot about the taxable account. The wiki has a good article on tax effeciency. http://www.bogleheads.org/wiki/Principles_of_tax-efficient_fund_placement The biggest no nos in a taxable account are reits, high yield bonds and active turnover funds. Bond funds used to be considered a no no, but ...
by mhalley
Sun Jul 26, 2015 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: I am a Rookie. I need some investing help.
Replies: 5
Views: 566

Re: I am a Rookie. I need some investing help.

WelCome to the forum! Looking at your td account, it is very complicated. Since when is 40% bonds aggressiive? Studys have shown that your savings rate is more important in the long run than your asset allocation, plus your holdings are pretty low in fees, so i think you have done well thus far, so ...
by mhalley
Sun Jul 26, 2015 11:01 pm
Forum: Personal Consumer Issues
Topic: prepaid phone less than $50 with Android Lollipop 5.0
Replies: 9
Views: 822

Re: prepaid phone less than $50 with Android Lollipop 5.0

I don't know much about it, but could you root a phone and put lollipop on it?
Mike
by mhalley
Sun Jul 26, 2015 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund portfolio with iShares
Replies: 7
Views: 678

Re: 3 fund portfolio with iShares

Merriman rec IYR, er .45 in his fidelity etf portfolio.
Mike
by mhalley
Sun Jul 26, 2015 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1024

Re: help with my investing direction.. errrr, I'm with Ram-it James

Another option you might consider is go with the Vanguard advisory service for a year. They will get you started on the portfolio, answer any questions you might have, figure out a plan going forward. Then, next year after you have learned a lot, cancel the service and do it yourself from then on. M...
by mhalley
Sun Jul 26, 2015 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Keep or Cancel Disability Insurance
Replies: 1
Views: 230

Re: Keep or Cancel Disability Insurance

The reason to have insurance is in case soething bad happens to you that results in a loss of income. The goal for life insurance and disability insurance is to replace income in case we die or become disabled. Depending on your net worth, you may or may not need the disability insurance now. So, if...
by mhalley
Sat Jul 25, 2015 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Help with asset placement
Replies: 7
Views: 411

Re: Help with asset placement

I think people would need to know what you hold in taxable to be able to help you. Don't want to have to sell investments with a lot of capital gains just to gain a little more tax effeciency (Unless it was something really bad like reits in taxable)
Mike.
by mhalley
Sat Jul 25, 2015 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) loan and I'm changing jobs
Replies: 17
Views: 1143

Re: 401(k) loan and I'm changing jobs

White Coat Investor has sofi as one of his advertisers and people at his site have given them pretty good reviews. He was impressed when he went out to visit them. They are saying 5.05% dropping to 4.04 with autopay (I assume that is with excellent credit)
https://www.sofi.com/personal-loans/
Mike
by mhalley
Sat Jul 25, 2015 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1024

Re: help with my investing direction.. errrr, I'm with Ram-it James

Umm, I would avoid Fidelitys adivsory service, but they do have some great low cost index funds and free etfs.
Mike
by mhalley
Sat Jul 25, 2015 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1024

Re: help with my investing direction.. errrr, I'm with Ram-it James

Welcome to the forum! If you really want an advisor, you need to look at ones that are not going to gouge you with fees, and put you in expensive investments. . Vanguard will only charge 0.3% with a 50k minimum. Charles Schwab has a "no fee" Intelligent Portfolio service. The online "...
by mhalley
Sat Jul 25, 2015 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 30
Views: 1412

Re: Asset allocation / rebalancing with very small portfolio

Trying to make sense of your tax post. So if you have 200 in st cap gains, that means your cost basis is 15000-200=14800. Paying taxes on the gains now leaves you with 14550 dollars in the account. Assuming you leave it and gain 5%, next year you would have 15k x 1.05 = 15750. Now you have 15750-148...
by mhalley
Sat Jul 25, 2015 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 30
Views: 1412

Re: Asset allocation / rebalancing with very small portfolio

Taxes are a drag on your portfolio. When you pay taxes, that money is GONE, and is no longer giving you capital gains, dividends, interest, growth, or anything. So you ALWAYS want to postpone taking any capital gains as long as possible. That being said, paying taxes is a good thing. That means you ...
by mhalley
Sat Jul 25, 2015 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 30
Views: 1412

Re: Asset allocation / rebalancing with very small portfolio

I don't think you can say Swensons performance at Yale is due to frequent rebalancing. In addition to the asset classes that makes up the "Swenson portfolio" Yale was also investing in things that normal folks can't access. Check out this article about some of the different asset classes i...
by mhalley
Sat Jul 25, 2015 2:25 am
Forum: Investing - Help with Personal Investments
Topic: New Investor Seeking Guidance: in every aspect!!
Replies: 8
Views: 932

Re: New Investor Seeking Guidance: in every aspect!!

The S fund is small and mid caps, so by having so much in it you are increasing the risk of your portolio. To approximate the total stock market, it would be 80% C and 20% S. Some people do like to tilt to small caps, but it would certainly be reasonable to decrease the s a fair amount. 22% is a rea...
by mhalley
Sat Jul 25, 2015 1:45 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation / rebalancing with very small portfolio
Replies: 30
Views: 1412

Re: Asset allocation / rebalancing with very small portfolio

Welcome to the Forum! Where in the world do you get 2.25% on checking? Inquiring minds want to know. I wonder if you might have a misconception about rebalancing. It is not about "locking in gains" It is about maintaining your asset allocation over time, so it does not become unbalanced. O...
by mhalley
Fri Jul 24, 2015 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Bill Sent to Collections Instead of Insurance
Replies: 25
Views: 2963

Re: Medical Bill Sent to Collections Instead of Insurance

Its a lot harder for a collection agency to get money from illiquid assets. Sure, they can put a lien on them, but a lien aint money in their pocket.
Mike
by mhalley
Fri Jul 24, 2015 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: MY Son High School Sophmore - p/t worker
Replies: 4
Views: 486

Re: MY Son High School Sophmore - p/t worker

Due to the power of compounding, money put in a roth at 15 will grow massively by the time he retires. If you can afford it, I would match whatever he makes to put as much in his roth as possible, or at leas match what he puts in. It would only be for 3 years until he is 18, and get him started on t...
by mhalley
Fri Jul 24, 2015 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella policy and renters insurance pre-requisite
Replies: 6
Views: 419

Re: Umbrella policy and renters insurance pre-requisite

The price is so cheap on the renters insurance I don't think you will be able to find a stand alone liability policy cheaper. Apparantly not many companies offer it, and those that do jack up the rate. A quick google search turned up an old (2011) article about it. http://www.irmi.com/expert/article...
by mhalley
Fri Jul 24, 2015 3:19 am
Forum: Personal Finance (Not Investing)
Topic: Pulling Frequent Credit Reports
Replies: 6
Views: 634

Re: Pulling Frequent Credit Reports

I think the credit companies will charge you 20 bucks a month to look at your reports that often. You could sign up for credit Karma, which uses equifax and transunion I believe. Credit.com uses experian. So if you signed up for both, you should be covered. Course that is not actually looking the yo...
by mhalley
Fri Jul 24, 2015 2:50 am
Forum: Investing - Help with Personal Investments
Topic: Investing as a High Schooler
Replies: 12
Views: 1061

Re: Investing as a High Schooler

Welcome to the forum! I am very impressed that you have started investing at such a young age. By the time you retire, you should be a multi-millionaire. You can learn a lot from this forum and by reading the wiki. I would suggest you start with the wiki, appropriately titled getting started: http:/...
by mhalley
Fri Jul 24, 2015 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Explanatory Websites/Resources
Replies: 6
Views: 806

Re: Social Security Explanatory Websites/Resources

I think ssanalyze is probably all most people need. If there is something other going on than just husband and wife, (IE, children that also would be eligible for ss), them it is probably worthwhile to pay the 40 bucks. But I would read Mike Pipers book too.
Mike
by mhalley
Thu Jul 23, 2015 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: keep advisor or do it myself
Replies: 68
Views: 6245

Re: keep advisor or do it myself

The reason to have a more conservative portfolio is to you don't run out of money before you die. If you have most of your expenses taken care of by pensions/ss/other passive income, you should have a well under 4% withdrawal rate. The original Trinity study I believe used a 30 year time horizon. Fo...
by mhalley
Thu Jul 23, 2015 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Calendar you can set as wallpaper
Replies: 3
Views: 599

Re: Calendar you can set as wallpaper

Have you tried running the program in compatability mode? http://windows.microsoft.com/en-us/wind ... =windows-7
Mike
by mhalley
Thu Jul 23, 2015 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Just made my Vanguard account... now what? (super newbie)
Replies: 8
Views: 1182

Re: Just made my Vanguard account... now what? (super newbie)

One thing to be aware of is that funds have minimums, so $1000 will not get you into the total market index. For 1k, you can get a target retirement fund, or Vanguard Star which is more conservative than you probably would like. You could get around this by investing in the ETF VTI if you really wan...
by mhalley
Thu Jul 23, 2015 3:41 am
Forum: Personal Finance (Not Investing)
Topic: Parent caught up in forex (vietnamese dong) scam... What should I do?
Replies: 44
Views: 5310

Re: Parent caught up in forex (vietnamese dong) scam... What should I do?

The thumbprint is a nice touch. Has anyone here ever had a legitimate transaction that required a fingerprint?
Mike
by mhalley
Wed Jul 22, 2015 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: What type of Professional do I Need, or do I just need Bogleheads?
Replies: 15
Views: 1683

Re: What type of Professional do I Need, or do I just need Bogleheads?

I don't know that you really need a cfp. If you really want one, Garrett Planning Network has been recommended here in the past. http://garrettplanningnetwork.com/ I would lean towards getting help here on the bogleheads forum and the wiki. Sounds like you have done well, have a balanced asset alloc...
by mhalley
Wed Jul 22, 2015 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Balance between saving in taxable account and retirement account? (mega backdoor version)
Replies: 13
Views: 1523

Re: Balance between saving in taxable account and retirement account? (mega backdoor version)

I think diversification is a good idea, accross all tax catagories. Taxable, tax free and tax-deferred. How much you put in each will depend on a lot of things. First, when do you need to access the money? If you plan on being a very early retiree, then you will want to put more toward taxable than ...
by mhalley
Wed Jul 22, 2015 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Bill Sent to Collections Instead of Insurance
Replies: 25
Views: 2963

Re: Medical Bill Sent to Collections Instead of Insurance

When I say no assets, I mean no significant assets. Sounds like there is a minimal amount of cash, a house and a car, but who knows if those are payed for.
Mike
by mhalley
Wed Jul 22, 2015 9:46 pm
Forum: Personal Consumer Issues
Topic: Cordless Trimmer/Weed Wacker Battery Life?
Replies: 3
Views: 572

Re: Cordless Trimmer/Weed Wacker Battery Life?

Batterys deteriorate over time. Why do you think iphone batteries aren't user replaceable? I don't recall if the one u are using is LiI or wet cell, but on mine it is a wet cell battery. When I first got it several years ago, I could wack my whole yard with no problem. After a year or 2, I had to bu...
by mhalley
Wed Jul 22, 2015 4:23 pm
Forum: Investing - Theory, News & General
Topic: Asking 401K Plan to add fund
Replies: 4
Views: 414

Re: Asking 401K Plan to add fund

No reason you can't ask them to add a fund, but I don't think it is necc. Why do you want a balanced fund instead of investing individually? What is the ER on the blackrock funds? What are your other options? The wiki has some suggestions on campaigning for a better 401k. Do they have target date fu...
by mhalley
Tue Jul 21, 2015 8:32 pm
Forum: Personal Consumer Issues
Topic: Jet.com
Replies: 11
Views: 1786

Re: Jet.com

I took a brief look today. I just spent about 500 on computer upgrades, so I thought, of course it will be a lot cheaper, but it was about the same.
Mike
by mhalley
Tue Jul 21, 2015 5:01 pm
Forum: Investing - Theory, News & General
Topic: Best Portfolio Tracker
Replies: 12
Views: 1746

Re: Best Portfolio Tracker

Sigfig and pc are the best i have found that are automated. The only other one i can think of is yodlee moneycenet, but i have not tried it. https://moneycenter.yodlee.com/moneycen ... aloginflow
If you have a fidelity account, their aggregator is not bad.
Mike
by mhalley
Tue Jul 21, 2015 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover IRA Question
Replies: 20
Views: 1107

Re: Rollover IRA Question

Any if these options would be a good idea. Remember that if you roll the money into a roth, you will pay taxes on it at your tax bracket. So ithere won't be a huge amount in taxes, i would go ahead and roll it to a roth. After you roll it over, you can contribute 5500 a year to it. Then try to max o...
by mhalley
Tue Jul 21, 2015 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Auto Bucket Portfolio
Replies: 15
Views: 1571

Re: Auto Bucket Portfolio

I started to mention the managed payout funds, but seems like the bogleheads have been reluctant to embrace them. Anyone actually think they are a good idea?
Mike

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