Search found 862 matches

Return to advanced search

Re: $250K reporting question for multiple Solo 401k plans

Hmm? I didn't think you were allowed to have more than one solo plan?
by tj
Sat Jul 26, 2014 12:11 am
 
Forum: Personal Finance (Not Investing)
Topic: $250K reporting question for multiple Solo 401k plans
Replies: 7
Views: 764

Re: Buy a condo for college?

As a student, dorm life is far preferable for the first year or two. This bears mentioning, since a few posters have said the same thing--at the college we are looking at, freshmen dorm rooms are 2 people in a 13x13 room, and they share a bathroom with 2 other people in an identical room. Condos al...
by tj
Sun Jul 20, 2014 4:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buy a condo for college?
Replies: 29
Views: 2488

Re: Who do you talk with about your financial goals?

Nobody. All of my friends seem to have a lot of debt, but also seem to spend a lot more than me on alcohol and such. It's been that way ever since college....I wish I had a partner who I could talk to about such things and who was on the same page.
by tj
Mon Jun 30, 2014 9:48 pm
 
Forum: Personal Finance (Not Investing)
Topic: Who do you talk with about your financial goals?
Replies: 158
Views: 9082

Re: Retired Bogleheads want to relocate to California

I just returned from Huntington Beach two weeks ago. The area and weather is awesome to say the least. The home prices are a whole different ball game. I could not see tying that much up in the equity of a home at any age let alone retirement. Still, for us California came second to the beautiful s...
by tj
Thu Jun 26, 2014 6:29 pm
 
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 109
Views: 6877

Re: Retired Bogleheads want to relocate to California

I think you can find condos in Orange County for under 150K


Maybe 4 years ago, but not now. I've seen one bedroom condos in RIverside County sell for this much recently.
by tj
Mon Jun 23, 2014 5:58 pm
 
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 109
Views: 6877

Re: Do I owe old insurance chance to match new quote?

I'd be very careful that they aren't "matching" it by decreasing your coverage. Isn't this stuff all determined by actuaries anyway? The agent doesn't decide rates.
by tj
Mon Jun 23, 2014 4:25 pm
 
Forum: Personal Consumer Issues
Topic: Do I owe old insurance chance to match new quote?
Replies: 14
Views: 957

Re: Retired Bogleheads want to relocate to California

I could never live in Florida. The humidity is insane. What's wrong with swimming in SoCal ocean? I can understand the summer humidity, but I've been in Florida (central and southern) in the middle of winter several times and it was quite pleasant with warmer ocean temps than SoCal's. I've been to ...
by tj
Mon Jun 23, 2014 4:21 pm
 
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 109
Views: 6877

Re: Retired Bogleheads want to relocate to California

High cost of living, high taxes, and overcrowded cities would have me looking elsewhere. You can get similar climate and resources elsewhere and live a far better lifestyle, IMO, and have plenty of extra cash around to visit whenever you want. I understand where OP is coming from. I live in OC and ...
by tj
Sun Jun 22, 2014 5:01 pm
 
Forum: Personal Consumer Issues
Topic: Retired Bogleheads want to relocate to California
Replies: 109
Views: 6877

Re: It is time to retire when you .......

Find hobbys? - done, travel + exercise + soccer + wimbledon etc



Do you only play tennis on grass? :)
by tj
Sat Jun 21, 2014 2:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: It is time to retire when you .......
Replies: 104
Views: 9676

Re: Early retirement gotchas

You have more time to go out and spend when you're retired. When I was unemployed, I spent a lot less despite having a lot more time. I would imagine that in retirement, I could do the same, but that's not the type of retirement I'd prefer, but it's nice to know it's possible if my career ends earl...
by tj
Sat Jun 21, 2014 1:08 am
 
Forum: Personal Finance (Not Investing)
Topic: Early retirement gotchas
Replies: 28
Views: 5390

Re: Cutting the cable cord - how did you do it?

Cut the cord last month. I was paying $130 per month to DirecTV. I already had amazon prime and netflix. I also have apple tv and roku. I had a DirecTV guy come in to repair some wiring. I paid him $60 to install a huge antenna in my attic. Do you see the irony in that. Tested the channels availabl...
by tj
Thu Jun 19, 2014 11:32 am
 
Forum: Personal Consumer Issues
Topic: Cutting the cable cord - how did you do it?
Replies: 63
Views: 4412

Re: Early retirement gotchas

50's is early? :)
by tj
Tue Jun 17, 2014 11:32 am
 
Forum: Personal Finance (Not Investing)
Topic: Early retirement gotchas
Replies: 28
Views: 5390

Re: Cutting the cable cord - how did you do it?

ESPN3 used to simulcast virtually every thing from ESPN and ESPN2, but that stopped a long time ago. ESPN went around it by creating WatchESPN which requires a cable TV subscription rather than internet subscription. I can't imagine they care much if they lose some replay viewers, most people watch...
by tj
Tue Jun 17, 2014 11:15 am
 
Forum: Personal Consumer Issues
Topic: Cutting the cable cord - how did you do it?
Replies: 63
Views: 4412

Re: Cutting the cable cord - how did you do it?

Biggest issue I had with cutting the cord, which I've tried twice, is live sports...I miss them. A lot. In my area (NH), you can't get the Red Sox, Bruins, or Celtics over the air except if one of the broadcast networks has a national game. Instead I often threaten to cancel my cable package, which...
by tj
Mon Jun 16, 2014 9:11 pm
 
Forum: Personal Consumer Issues
Topic: Cutting the cable cord - how did you do it?
Replies: 63
Views: 4412

Re: Car for a long daily commute

That sounds brutal. I do San Clemente > Riverside a few days a week and it drives me pretty nuts, but it's better than living in Riverside. It gets expensive with the toll roads. I can't imagine doing the commute suggested by OP. I hope they figure out a way to make that commute work for them.
by tj
Fri Jun 13, 2014 12:32 am
 
Forum: Personal Consumer Issues
Topic: Car for a long daily commute
Replies: 75
Views: 5897

Re: does frugality result in lower career ambition?

I don't think it results in less career ambition. But being frugal takes extra time, in my experience. You are always shopping prices around, trying to make your own things for less. Frugal people will spend more time cooking and less time eating out. Etc. To the extent that frugality takes some ti...
by tj
Sat Jun 07, 2014 10:50 am
 
Forum: Personal Finance (Not Investing)
Topic: does frugality result in lower career ambition?
Replies: 113
Views: 8371

Re: Where do all of you buy your term life insurance?

I shopped it around with Bogleheads member Brudude. Ended up with American General.
by tj
Wed Jun 04, 2014 10:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: Where do all of you buy your term life insurance?
Replies: 12
Views: 976

Re: Two Comma Club!

Congrats Meg, you've always been an inspirational poster. it's also refreshing to read about a compatible couple, it's surprisingly not common on the financial forums that I frequent.
by tj
Wed Jun 04, 2014 12:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Two Comma Club!
Replies: 55
Views: 5683

Re: The Three Fund Portfolio

Thank you, Taylor. I still have some VTSAX in rollover IRA, I will switch that to bond. I just want to make sure of the following. Morningstar says the 30-day SEC yield is 1.86%. Does that mean VTSAX on average pays 1.86% of dividend per year? If so, it does not belong to rollover IRA, bond funds d...
by tj
Sun Jun 01, 2014 6:58 pm
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 822
Views: 320166

Re: Will you obtain same result if you use a Life Strategy F

Well, I'm using the target retirement funds which are similar to the life strategy except that they adjust over time. The main reason I have seen cited for not using these sort of combination funds is that one can obtain slightly lower ERs by holding Admiral shares of the underlying funds. However ...
by tj
Sun Jun 01, 2014 6:06 pm
 
Forum: Investing - Theory, News & General
Topic: Will you obtain same result if you use a Life Strategy Fund
Replies: 28
Views: 3384

Re: $2,065,140 lifetime earnings = second bend point (SS)?

Or is it only 8% per year so only 24% more? Correct. It's 8% per year. So for a person with an FRA of 67, benefits if claimed at 70 would be 124% of PIA. You played a very helpful role in the quality control for that book, by the way. So thank you for that. (Pointing out the error in the coding of ...
by tj
Fri May 30, 2014 2:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: $2,065,140 lifetime earnings = second bend point (SS)?
Replies: 25
Views: 3560

Re: Would you work without pay?

Isn't that called an intenrship? I did it for 4 months.
by tj
Fri May 30, 2014 12:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Would you work without pay?
Replies: 63
Views: 4016

Re: Wait to DCA During Recession

Eh, I don't think you need to necessarily focus on maximizing your income. If that's your goal, then sure, by all means, but there's more to life than $$.
by tj
Thu May 29, 2014 12:11 am
 
Forum: Investing - Help with Personal Investments
Topic: Wait to DCA During Recession
Replies: 17
Views: 1953

Re: Rental Property

What is this 3.8% surtax on rental income? I own rental property in California, I am not an RE professional, and I paid no such tax on the 1040 or 540.
by tj
Tue May 27, 2014 9:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rental Property
Replies: 5
Views: 695

Re: Chase Ink Plus and Ink bold

takeshi wrote:You can apply as a sole proprietorship. Covered in the usual credit card blogs.



Sure, but it still might help to have an EIN, which is free. It might make the business seem more legit.
by tj
Tue May 27, 2014 5:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Chase Ink Plus and Ink bold
Replies: 6
Views: 737

Re: Chase Ink Plus and Ink bold

You can register for a Federal Tax ID for free at irs.gov. I'm not sure if this will increase your chances of getting approved for the card.
by tj
Tue May 27, 2014 11:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Chase Ink Plus and Ink bold
Replies: 6
Views: 737

Re: Larry Swedroes The Only guide to a winning investment...

The primary determinant of risk and return is our stock/fixed-income ratio. Get that right, with low-cost, and you should be most of the way there. No one knows the future. I wonder at what point it became second-nature to invest in international stocks? I wonder if something similar will happen wi...
by tj
Sun May 25, 2014 11:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: Larry Swedroes The Only guide to a winning investment...
Replies: 19
Views: 2610

Re: 64 YROld Romance Rekindles:Upsets Daughters

Other things that upset DD: Susan has sent hand written notes to DD’s children (Sam’s grandchildren) telling them how proud grandpa is of them. Susan has taken pictures of critters on the farm, sending them by email to DD to share with the children. Susan has given gifts to the children on special ...
by tj
Sun May 25, 2014 6:18 pm
 
Forum: Personal Consumer Issues
Topic: 64 YROld Romance Rekindles:Upsets Daughters
Replies: 19
Views: 1749

Re: How to Invest Trust Assets for income & growth

The Vanguard dividend funds are decent funds for stocks, but certainly should not be a substitution for bonds. If I had a million bucks and was looking for something conversative, I would put it in Vanguard Lifestrategy Conservative Growth and be done with it...you could do LifesStrategy Income whic...
by tj
Sat May 24, 2014 12:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to Invest Trust Assets for income & growth
Replies: 18
Views: 1285

Re: How much house should I buy? (young person with many ass

If for some reason he wants to move after a few years, he can sell it. It's a risk, but he can afford to take it.
by tj
Sat May 24, 2014 11:05 am
 
Forum: Investing - Help with Personal Investments
Topic: How much house should I buy? (young person with many assets)
Replies: 71
Views: 5508

Re: Making the complete move to Vanguard, need a sanity chec

Where are your solo 401ks currently held and do they accept rollovers from IRAs? Vanguard's Individual 401k will not accept rollover from IRAs. If your income is too high to contribute directly to Roth IRA and you wish to use backdoor into Roth IRA, consider rolling your IRA, SEP-IRA and SIMPLE-IRA...
by tj
Fri May 23, 2014 11:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Making the complete move to Vanguard, need a sanity check
Replies: 21
Views: 1779

Re: California Intermed Term vs Limited Term Tax Ex

I see no reason (other than liquidity) to buy a muni bond fund yielding 0.86% when you can get a risk-free 5 year FDIC insured CD at 2.25% (GE Capital Bank, for example). A 5 year weighted muni bond may be better off for for someone on an after-tax basis depending on their bracket. Maybe. I held Ca...
by tj
Fri May 23, 2014 11:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: California Intermed Term vs Limited Term Tax Ex
Replies: 8
Views: 675

Re: How much house should I buy? (young person with many ass

I really don't see why people are freaking out here. The guy has 800k in assets and wants to buy a 125k condo. Frankly I don't know why he wants to bother with a loan, just withdraw the $$ for the condo and the taxes, and then he'll have ZERO HOUSING COSTS, except HOA fees and utilities, and he will...
by tj
Fri May 23, 2014 10:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: How much house should I buy? (young person with many assets)
Replies: 71
Views: 5508

Re: The Three Fund Portfolio

I am curious as to whether equal allocation in the 3 arms of the 3-fund portfolio (1/3 of the total portfolio in each) should hold true regardless of age. I know that as people get closer to retirement it is often recommended that they increase their bond allocation, but might it be a better idea t...
by tj
Fri May 23, 2014 10:21 pm
 
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 822
Views: 320166

Re: How to opt out of credit card offers

Can you opt back in? I think I opted out years ago. I think if you are opted in, sometimes you get better offers. :-D
by tj
Fri May 23, 2014 9:17 pm
 
Forum: Personal Consumer Issues
Topic: How to opt out of credit card offers
Replies: 6
Views: 586

Re: "Treasuries: A better safe haven than gold"

In Expected Returns , Antti Ilmanen argues that Treasuries could lose their safe haven characteristic. I'm not arguing against Treasuries. I use them for all of my fixed income allocation, and take risk on the equity side. So far, so good. Do you use one fund for treasuries? No muni's, MBS, or corp...
by tj
Wed May 21, 2014 9:36 pm
 
Forum: Investing - Theory, News & General
Topic: "Treasuries: A better safe haven than gold"
Replies: 38
Views: 2719

Re: Question for renters that are happily renting..

I have the perhaps unique experience of renting and owning. I would not want to own where I rent and I would not want to rent where I own. The condo that I am renting, which i moved in 2 months ago has already had a busted air conditioner, which required a crane to remove and put a new one one roof....
by tj
Wed May 21, 2014 9:09 pm
 
Forum: Personal Consumer Issues
Topic: Question for renters that are happily renting..
Replies: 44
Views: 6726

Re: Amazon.com Rewards Visa card from Chase

Regular Amazon gift cards don't work towards digital downloads. Not sure why that is, but it's been that way for a long time. You can use the card itself to purchase digital items, you just can't use the reward points. It's a good card if you use Amazon often. I also use a Chase Freedom card and on...
by tj
Mon May 19, 2014 9:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Amazon.com Rewards Visa card from Chase
Replies: 35
Views: 4776

Re: Consumption smoothing of retirement

I don't see retirement as a time of "leisure." I see it as a time of living without having to work for money. That is, where I decide what I do with my time. The idea that one "sits around" when retired is a common fallacy accepted by people who have been inculcated with the bel...
by tj
Fri May 16, 2014 4:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Consumption smoothing of retirement
Replies: 23
Views: 2259

Re: How Much Uninsured Motor Vehicle Insurance?

I checked to see how much I would save from switching from 300/500 to 50/100 on UIM and it was next to nothing. I see no reason to drop the coverage.
by tj
Tue May 13, 2014 8:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: How Much Uninsured Motor Vehicle Insurance?
Replies: 55
Views: 2701

Re: Skip IRA for 1 year to buy engagement ring

FutureDDS - A diamond engagement ring? How will you top that for your wedding ring?
by tj
Tue May 06, 2014 9:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Skip IRA for 1 year to buy engagement ring
Replies: 194
Views: 13075

Re: Investing in Bonds (VBMFX) now?

I don't agree that Total Bond Market (or any bond fund) is equivalent risk to Money Market....
by tj
Sun May 04, 2014 7:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing in Bonds (VBMFX) now?
Replies: 4
Views: 733

Re: Car Insurance - Which company do you use?

for a perfect record or 1 point or less, no one beats Wawanesa rates in CA while having a A+ rated carrier standing by AM Best ... but they are really old school, you have to call and give your info, and you get this old typed package in the mail and buy it that way. I used to sell insurance for Ge...
by tj
Fri May 02, 2014 10:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Car Insurance - Which company do you use?
Replies: 19
Views: 1774

Re: calling all accountants questions about depreciation/LLC

I was under the impression that depreciation (or rather, rental real estate) has nothing to do with itemizing. Depreciation is reported on Schedule E which is a completely different form from Schedule A. If you didn't report it, nothing happens other than you just miss out on deducting against your ...
by tj
Thu May 01, 2014 12:21 am
 
Forum: Personal Finance (Not Investing)
Topic: calling all accountants questions about depreciation/LLC
Replies: 7
Views: 927

Re: work 3 years for 20x payout or retire and wait 10 years

What would you be doing for the next three years if you were not working? Does whatever that is sound more enjoyable than your job? If so, that sounds like an easy decision to me, assuming you are not relying on that payout to survive. 20x annual expenses with what you consider to be less than 20 ye...
by tj
Sat Apr 26, 2014 12:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: work 3 years for 20x payout or retire and wait 10 years
Replies: 11
Views: 1619

Re: What's your number?

John wrote: 25 times my desired yearly budget less SS :beer Yes, but if you are 30 now, how do you know what your yearly budget will be in 25 years? I'm in my 20s and don't know/care what my number is, except that it's way more than I have now. It's not something you need to know until you're at le...
by tj
Wed Apr 23, 2014 3:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: What's your number?
Replies: 147
Views: 31478

Re: What's your number?

Assuming that I remain single, $500k is good enough for me. If I have a paid off house, I think I could live on a budget of $15k/year quite easily. That being said, I expect to have much more than that and most likely spend more than that.
by tj
Wed Apr 23, 2014 1:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: What's your number?
Replies: 147
Views: 31478

Re: Is "sheltering" my GF financially hurting our future?

placeholder wrote:Those don't show up on credit reports so how did the loan officer get the payment information?



I would assume you send them your statements, bills, or some other proof of a recurring on time payment.
by tj
Wed Apr 23, 2014 9:15 am
 
Forum: Personal Finance (Not Investing)
Topic: Is "sheltering" my GF financially hurting our future?
Replies: 23
Views: 4592

Re: Is "sheltering" my GF financially hurting our future?

My information may be bad (random internet research) but paying bills like utilities won't improve credit because companies don't report that information to credit agencies, so they never know you've paid your bills (I guess they only know when you don't pay, because they will report that). Depends...
by tj
Tue Apr 22, 2014 8:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is "sheltering" my GF financially hurting our future?
Replies: 23
Views: 4592

Re: Northwestern Mutual Life - Whole Life Policy Review

If they have enough to retire now, why would they need disability insurance?
by tj
Tue Apr 22, 2014 12:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Northwestern Mutual Life - Whole Life Policy Review
Replies: 67
Views: 7815
Next

Return to advanced search