Search found 1588 matches

by neurosphere
Mon Jul 27, 2015 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need Umbrella Insurance if my Assets < Liability Limits?
Replies: 14
Views: 1287

Re: Do I need Umbrella Insurance if my Assets < Liability Limits?

Sorry to hijack, but what if you have negative assets? I have a ton of student loans/debt and not many assets. I'm essentially "in the hole". I also rent. Does it make sense to get an umbrella policy? Does an umbrella policy apply to an individual or a family? Auto liability is solid btw ...
by neurosphere
Mon Jul 27, 2015 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor fee question
Replies: 19
Views: 1375

Re: Advisor fee question

Some advisors charge fees quarterly, some monthly. I think most are quarterly. Some are charged at the beginning of the quarter, some at the end. Some fees are deducted directly from your managed accounts using the cash, and some advisors are allowed to sell investments to generate cash if there is ...
by neurosphere
Sun Jul 26, 2015 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3412

Re: Inexperienced Trustee

The Uniform Statutory Rule Against Perpetuities has been enacted by 29 states. Many other states follow the Common Law rule against perpetuities. I don't recall you indicating your state residence. In any event, if in fact your trust has no termination date it likely violates the rule against perpe...
by neurosphere
Sat Jul 25, 2015 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Golden handcuffs - help with vested retirement plan
Replies: 28
Views: 2998

Re: Golden handcuffs - help with vested retirement plan

Take the money you would otherwise have contributed to a 401k and invest in a combination of a Backdoor Roth IRA and a taxable account. Those options are not THAT bad compared to a 401k. If you stay with your employer for a while, and get vested, you'll do just fine. I am familiar with your situatio...
by neurosphere
Sat Jul 25, 2015 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Abandon the Larry Portfolio?
Replies: 12
Views: 2406

Re: Time to Abandon the Larry Portfolio?

hellobogle wrote:I
$27,500 Fixed Return Fund (No ticker, 0.00% ER)
Provides guaranteed 7% return with no risk of loss.


Guaranteed 7%? What kind of investment is this?

I wish I had such an investment in my 401k. Or anywhere else for that matter. :D

NS
by neurosphere
Sat Jul 25, 2015 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3412

Re: Inexperienced Trustee

I did not see you disclose it was under 500k. Did you say that or did folks assume ? lafder The OP wrote In any event, the .70% is a turn off, and we are now below that minimum. It seems that the minimum she was referring to was $500,000, but there was also a mention of a $1M amount in the precedin...
by neurosphere
Sat Jul 25, 2015 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3412

Re: Inexperienced Trustee

If it were me and my sibling(s) and I were adults and the only beneficiaries, I would consult a Trust & Estates attorney with an eye to dissolving the trust. If this is permissible by the trust and/or state law, this MAY be good solution for you, especially if the trust is "small". We...
by neurosphere
Thu Jul 23, 2015 6:01 pm
Forum: Personal Consumer Issues
Topic: Asking for separate checks?
Replies: 75
Views: 5397

Re: Asking for separate checks?

I really don't think there is one "right" answer. So many things depend on the actual details of the dinner, and the specific people involve. I tend to be a check-splitter unless there is a big different in what people ordered. I have one extreme version of "unfair" regarding spl...
by neurosphere
Wed Jul 22, 2015 4:39 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 4884

Re: livesoft surpasses 40,000 posts!

Cheers to livesoft (what does that mean)... It's a play on "die hard". But if you are asking what it actually MEANS to "live-soft", well, you'll have to ask the man himself. Are we truly certain that livesoft is a male? That's a good point, I don't have personal independent conf...
by neurosphere
Wed Jul 22, 2015 6:16 am
Forum: Investing - Theory, News & General
Topic: Correlations, eh?
Replies: 18
Views: 2757

Re: Correlations, eh?

I would like to see this graph with a time component. Imagine you created the green/pink correlation "square" to represent a 5 year (or some other arbitrary number) period. Then, just place 20 of these 5 year squares in a line from left to right. One's eye might be able to see some interes...
by neurosphere
Tue Jul 21, 2015 3:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 4884

Re: livesoft surpasses 40,000 posts!

GoldenFinch wrote:Cheers to livesoft (what does that mean)...


It's a play on "die hard". But if you are asking what it actually MEANS to "live-soft", well, you'll have to ask the man himself.
by neurosphere
Mon Jul 20, 2015 7:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 4884

Re: livesoft surpasses 40,000 posts!

My favorite motto:

livesoft or diebroke.

:D
by neurosphere
Mon Jul 20, 2015 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Taxed twice by states - please help
Replies: 12
Views: 1542

Re: Getting Taxed twice by states - please help

By keeping your drivers license and also keeping your Mom's address as your legal address - you became a Domiciliary Resident - and are required to file an income tax return. In essence, you never moved away as you kept your drivers license - with an intent to return. Tough lesson to learn. It's po...
by neurosphere
Sun Jul 19, 2015 10:58 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig, Behavioral Finance: What Good Is It, Anyway?
Replies: 21
Views: 2978

Re: Jason Zweig, Behavioral Finance: What Good Is It, Anyway?

Oh I'd say many of Buffett's principles can be integrated Don't invest in something you don't understand .. don't buy something you wouldn't be willing to hold if you knew the market was going on strike for the next 20 years .. price is what you pay, value is what you get (why pay any more than an ...
by neurosphere
Sun Jul 19, 2015 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Do I Really Need a Financial Advisor?
Replies: 44
Views: 2976

Re: Do I Really Need a Financial Advisor?

I know he's obligated by law to act in the best interest of his clients,I just am wondering if there is a better alternative. Just to be nit-picky, that is not a true statement. The actual legal language which relates to the job description of any fiduciary leaves a LOT of room for making recommend...
by neurosphere
Sat Jul 18, 2015 5:17 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig, Behavioral Finance: What Good Is It, Anyway?
Replies: 21
Views: 2978

Re: Jason Zweig, Behavioral Finance: What Good Is It, Anyway?

I don't mean running the world's most successful stock portfolio, or running a hedge fund that can sink a country's banking sector ... I mean following the simple, elegant principles (as simple as Bogle's and Malkiel's) that define how they make investing decisions And on the topic of not trying to...
by neurosphere
Sat Jul 18, 2015 12:53 pm
Forum: Investing - Theory, News & General
Topic: Jason Zweig, Behavioral Finance: What Good Is It, Anyway?
Replies: 21
Views: 2978

Re: Jason Zweig, Behavioral Finance: What Good Is It, Anyway?

I wonder why not be a Buffet in one part of a portfolio, and a Soros in another? Because we can't be either Soros, or Buffet, or anyone else . And if we try, then the most likely outcome is less dollars in our pockets over time when compared to a strategy where we don't try to be anyone else. This ...
by neurosphere
Sat Jul 18, 2015 7:59 am
Forum: Forum Issues and Administration
Topic: Does anyone else have to continually login?
Replies: 33
Views: 1962

Re: Does anyone else have to continually login?

I have same problem, despite "remember me". Seems to happen every few days where it requires me to log in again. Also a chrome user.
by neurosphere
Fri Jul 17, 2015 7:26 pm
Forum: Personal Consumer Issues
Topic: How do I properly label my condo's mailbox?
Replies: 8
Views: 896

Re: How do I properly label my condo's mailbox?

Here ya go:
http://www.leedan.com/Bommer.htm
http://www.leedan.com/Bommer-NumberStrips.htm

Only took me 25 minutes of googling. That was much harder than I expected.

Maybe you can be a good neighbor and take orders for the entire condo complex.
by neurosphere
Thu Jul 16, 2015 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Determining Compensation Source for W-2 employees working in multiple states
Replies: 5
Views: 461

Re: Determining Compensation Source for W-2 employees working in multiple states

Here's an article which illustrates the problem: http://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2013/12/12/road-warrior-state-income-tax-laws-vary-widely Some states have a “first day” rule, which means if you set foot in a state you don't live in and work there for one day, you o...
by neurosphere
Thu Jul 16, 2015 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Determining Compensation Source for W-2 employees working in multiple states
Replies: 5
Views: 461

Re: Determining Compensation Source for W-2 employees working in multiple states

When I traveled for business (large corporation) to various subsidiaries in different states for projects lasting usually from 1 to 8 weeks there was no action taken to adjust tax withholding or payments for the various states I traveled to. I remained an employee of the parent corporation the enti...
by neurosphere
Wed Jul 15, 2015 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Determining Compensation Source for W-2 employees working in multiple states
Replies: 5
Views: 461

Determining Compensation Source for W-2 employees working in multiple states

Hi all, my question relates to the laws which determine how an employer is suppose to "source" compensation to employees who perform work in multiple states. I am helping a friend (actually a colleague of my wife's) sort out a dispute with his employer. Personal taxation I can figure out 9...
by neurosphere
Sun Jul 12, 2015 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: An email to my employer I almost sent, but then deleted
Replies: 26
Views: 4000

Re: An email to my employer I almost sent, but then deleted

FWIW, when I was working (now retired), I first thought the word 'proactive' was just bureaucratic poppycock. I gradually understood that it presented a great opportunity: to not just complain when I saw something wrong, but to propose new ways of doing business. Just working on those new ways woul...
by neurosphere
Sat Jul 11, 2015 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: An email to my employer I almost sent, but then deleted
Replies: 26
Views: 4000

Re: An email to my employer I almost sent, but then deleted

Back in the olden days, we had neither employer-matches nor even the possibility of same. Get my drift? Folks today seem entitled; whatever. No, I get it. But back in the "olden days", this employer had an all-Vanguard line-up. With the changes, the average expense ratio increased 5 fold,...
by neurosphere
Sat Jul 11, 2015 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: An email to my employer I almost sent, but then deleted
Replies: 26
Views: 4000

Re: An email to my employer I almost sent, but then deleted

I absolutely agree with the "honey vs. vinegar" arguments. Which is why it wasn't sent. :) The average US company CEO makes over 300 times what the average employee at his company makes. Either you're doing pretty well there or the CEO is underpaid compared with the average CEO. My guess i...
by neurosphere
Sat Jul 11, 2015 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3879

Re: Choosing to go with a Robo-Advisor and If so, which one?

So it did work in the end in bringing down the tax to $0? Sure did. You've convinced me to start an account there. I didn't realize they had lowered the limit to $500. But I promise to do my own taxes! :mrgreen: Ok. Wait. I'm not sure if something was lost in tone, so just in case I'm missing your ...
by neurosphere
Sat Jul 11, 2015 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: An email to my employer I almost sent, but then deleted
Replies: 26
Views: 4000

Re: An email to my employer I almost sent, but then deleted

Cherokee8215 wrote:If you are just a cog in the machine and not someone in senior management, at least where I work, the chance of fostering a change in the 401k plan is almost nil.


The CEO of this large non-profit organization makes 50 times my salary, I think that makes me a cog in the machine. ;)
by neurosphere
Sat Jul 11, 2015 6:34 pm
Forum: Investing - Theory, News & General
Topic: The Brainwashing of the American Investor
Replies: 68
Views: 8575

Re: The Brainwashing of the American Investor

Maybe he is just an altruistic guy.I believe Bogle has written a few books :D Bogle wrote a thesis. Bogle followed that up with action. Bogle and others were able to produce thorough backtesting analysis/data, and then set about with prospective studies and analysis which have stood the test of tim...
by neurosphere
Sat Jul 11, 2015 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: An email to my employer I almost sent, but then deleted
Replies: 26
Views: 4000

An email to my employer I almost sent, but then deleted

I wish to go "on record" as expressing my extreme disappointment with some of the new mutual funds which are included as choices in the fund lineup. While there are indeed some very good new mutual funds added to the plan, there are many funds which are so horrible and so expensive (witho...
by neurosphere
Fri Jul 10, 2015 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3879

Re: Choosing to go with a Robo-Advisor and If so, which one?

1) I prepared a tax return (pro-bono) for a medical resident of mine who had invested about $4000 in wealthfront, about $100 each month. That was a HECK of a schedule D. There were dozens of lots/sales with amounts which rounded down to $0. If I recall correctly, their export/import feature does no...
by neurosphere
Fri Jul 10, 2015 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3879

Re: Choosing to go with a Robo-Advisor and If so, which one?

This is a *must*-read for anyone thinking about robo-advisors. Summary: you're not getting what you think you're getting, you're getting ripped off. https://medium.com/@blakeross/wealthfront-silicon-valley-tech-at-wall-street-prices-fdd2e5f54905 Buying and rebalancing each individual subcomponent o...
by neurosphere
Tue Jul 07, 2015 6:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: Muni bond market unlikely to feel impact of Puerto Rico woes.
Replies: 5
Views: 901

Re: Vanguard: Muni bond market unlikely to feel impact of Puerto Rico woes.

Vanguard Short-Term Tax-Exempt Fund, Vanguard Limited-Term Tax-Exempt Fund, and all our state municipal bond funds have no exposure at all.


Which is in sharp contrast to some of the state-specific muni funds from some other firms which had invested up to 50% in Puerto Rican bonds. :?
by neurosphere
Mon Jun 29, 2015 8:03 am
Forum: Investing - Theory, News & General
Topic: Traveling to Santorini in September....
Replies: 14
Views: 1439

Re: Traveling to Santorini in September....

For what it's worth, I've read that the ATMs in Greece will NOT be closed today for ATM cards issued in foreign countries. The cash that ATMs pay out in those cases are not really withdrawals from Greek bank accounts, but rather transfers of a sort, and the bank has the ability to earn ATM fees and ...
by neurosphere
Mon Jun 22, 2015 3:17 pm
Forum: Personal Consumer Issues
Topic: Concerns about upcoming Greece visit.
Replies: 26
Views: 3111

Re: Concerns about upcoming Greece visit.

I was in greece last summer, and it was business as usual, at least as far as tourists are concerned. Well, actually, tourism is WAY down in the town my family is from, compared to 30 years ago. But despite recent events, the hotels are open, the beaches have sun, taxis still operate, restaurants se...
by neurosphere
Mon Jun 22, 2015 12:12 pm
Forum: Personal Consumer Issues
Topic: Men's dress shirts - Charles Tyrwhitt shirts on sale for $29
Replies: 28
Views: 4841

Re: Men's dress shirts - Charles Tyrwhitt shirts on sale for $29

They run this sale several times a year. Sign up for an account on their website and two things will happen. First, you'll get emails informing you of sales such as this one. Second, they'll periodically send you a $20 voucher. It can't be used with offers and sales like this but it will soften the...
by neurosphere
Sat Jun 20, 2015 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Issuing a single $590 payment to avoid 1099 reporting
Replies: 13
Views: 1803

Re: Issuing a single $590 payment to avoid 1099 reporting

Rob5TCP wrote:PS What show at what theater ? OOB


I sent a PM. I don't want the actors/others to see this page. Because we might not give out ANY money if the anticipated box office sales don't materialize. :D
by neurosphere
Sat Jun 20, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Issuing a single $590 payment to avoid 1099 reporting
Replies: 13
Views: 1803

Issuing a single $590 payment to avoid 1099 reporting

Hi all, I'm the treasurer of a non-profit theater company which is putting on a production that may actually be able to pay its actors, band, and other associated with the show. It seems that about $600 per person is close to what might be paid out, for anywhere from 10 to 20 people. I advised the f...
by neurosphere
Fri Jun 19, 2015 8:08 am
Forum: Personal Finance (Not Investing)
Topic: IRS "Safe Harbor" & withholding vs. 1099 income
Replies: 19
Views: 1724

Re: IRS "Safe Harbor" & withholding vs. 1099 income

1) safe harbor rules apply to those who make quarterly estimated tax payments, so doesn't really apply to income for which income tax is withheld. 2) yes. Hmmm... not relevant to the original query, but... I thought if someone (in this case with no 1099 income at all, for simplicity) did not have e...
by neurosphere
Wed Jun 17, 2015 6:28 pm
Forum: Personal Consumer Issues
Topic: Help me choose an EXPENSIVE* red wine for a gift
Replies: 22
Views: 2548

Re: Help me choose an EXPENSIVE* red wine for a gift

Two-hundred-buck-Chuck ;) How about one hundred bottles of two buck chuck? That will fill a cellar quickly! I want to acknowledge all the posts/advice in this thread. Thanks everyone! I have some reading and researching to do. NS P.S. As an aside, many years ago (2003?) I read an article in the New...
by neurosphere
Tue Jun 16, 2015 8:33 pm
Forum: Personal Consumer Issues
Topic: Help me choose an EXPENSIVE* red wine for a gift
Replies: 22
Views: 2548

Re: Help me choose an EXPENSIVE* red wine for a gift

bottlecap wrote:I can't help, but wanted to say that your boss sounds like a rare breed. Kudos for wanting to do something nice for him.

JT


[text deleted due to "too much information"]

For those new to this thread let's just say that sometimes people do what they need to do. :D
by neurosphere
Tue Jun 16, 2015 7:55 pm
Forum: Personal Consumer Issues
Topic: Help me choose an EXPENSIVE* red wine for a gift
Replies: 22
Views: 2548

Help me choose an EXPENSIVE* red wine for a gift

Short background: My contract expired at one of my many jobs, and despite my reluctance to continue with this employer, I found myself negotiating a new, short-term and part-time contract to stay on for a time-limited term because they had an acute need for my services. I requested several very part...
by neurosphere
Tue Jun 09, 2015 8:29 pm
Forum: Personal Consumer Issues
Topic: Men's dress shirts - Charles Tyrwhitt shirts on sale for $29
Replies: 28
Views: 4841

Re: Men's dress shirts - Charles Tyrwhitt shirts on sale for $29

I'm going to give their shirts a try. I recently got several Brooks Brothers extra-slim fit shirts during their Holiday time sale, and while I really like the fit and material, the seams are splitting on the sleeves after not many wearings, and I don't believe I'm harsh on the shirts. In addition, I...
by neurosphere
Thu Jun 04, 2015 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare and OASDI withholding changes with same pay
Replies: 3
Views: 450

Re: Medicare and OASDI withholding changes with same pay

This rounding is annoying for folks like me who use quicken for paycheck entry. Most months I have to micro-edit the scheduled payroll transaction amounts so that things work out. #firstworldproblems, I know.
by neurosphere
Fri May 22, 2015 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Invest ONLY After Tax Money Into 401(k)?
Replies: 20
Views: 1969

Re: Invest ONLY After Tax Money Into 401(k)?

The only way you are likely to reach the $53K limit is to make the full employee salary deferral (Roth if you like). Then adopt a 401k with the New Comparability Method of calculating profit sharing percentage for the balance. If you want more Roth assets, you could then rollover and do a Roth conv...
by neurosphere
Fri May 22, 2015 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Invest ONLY After Tax Money Into 401(k)?
Replies: 20
Views: 1969

Re: Invest ONLY After Tax Money Into 401(k)?

I think I will try to do both of what you said. Invest enough money between taxable and tax deferred to never have to work again, and contribute the max of what I can each year to the Roth using both of the backdoors. My current annual expenses (including the stupid mortgage for too big of a house ...
by neurosphere
Fri May 22, 2015 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Invest ONLY After Tax Money Into 401(k)?
Replies: 20
Views: 1969

Re: Invest ONLY After Tax Money Into 401(k)?

Personally, I would contribute pre-tax up to the 401k limit, and then you still have backdoor roth and potentially after-tax contributions which will end up in the Roth. This gives you tax diversification: tax-deferred dollars, tax-free dollars, and dollars in regular taxable accounts. The total amo...
by neurosphere
Thu May 21, 2015 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Invest ONLY After Tax Money Into 401(k)?
Replies: 20
Views: 1969

Re: Invest ONLY After Tax Money Into 401(k)?

My thinking is, if my employer doesn't match my pre-tax contributions at all, is there a point to investing pre-tax into my 401(k) when I may be able to just put it all into my Roth IRA instead? It seems your question boils down to "which is better for me, deductible 401k contributions, or Rot...
by neurosphere
Wed May 20, 2015 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do SSA award notices itemize Worker vs Spousal amounts?
Replies: 1
Views: 327

Re: Do SSA award notices itemize Worker vs Spousal amounts?

My understanding is she will receive $1,000, because 50% of her spouse's PIA is greater than her own PIA. I also understand that the SSA considers her $1,000 payment to consist of $400 Worker and $600 Spousal. (I assume someone will correct me if I got that wrong.) Does her award notice actually sa...
by neurosphere
Fri May 15, 2015 5:28 pm
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 197
Views: 17609

Re: Aren't we overdoing electronic auto safety features?

Take death and injury off the table. Consider costs such as car damage, property damage (as already mentioned), and consider the costs of time to deal with accidents, repairs, filing insurance claims. Add in police time taking/filing reports, road crews to clear the road, etc. It may be that the co...
by neurosphere
Fri May 15, 2015 1:05 pm
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 197
Views: 17609

Re: Aren't we overdoing electronic auto safety features?

Take death and injury off the table. Consider costs such as car damage, property damage (as already mentioned), and consider the costs of time to deal with accidents, repairs, filing insurance claims. Add in police time taking/filing reports, road crews to clear the road, etc. It may be that the cos...

Go to advanced search