Search found 210 matches

by 2pedals
Sat Sep 16, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 4866

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Just like it says...My MIL was diagnosed with a Glioblastoma back in May. For those of you who don't know, this is basically a death sentence. She is 79 and was in decent health. We thought because they caught it before any major symptoms, she might get 18 months. She lived alone until this diagnos...
by 2pedals
Fri Sep 15, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 57
Views: 16257

Re: Is a security freeze at Innovis really needed?

In theory, nasty criminals will go after whatever is least protected so those 2 micro bureaus Freezing everything might be a good idea. Then again, I won't say my social over an unencrypted phone line or send it over fax, and I believe much of the mail is scanned through the envelopes... Does anyon...
by 2pedals
Mon Sep 11, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 622
Views: 35796

Re: Equifax customer information leak

My wife has an IP PIN from the IRS from a previous identity theft issue. If you get a letter from IRS to opt-in or if you lose your IP PIN you may need to lift your Equifax freeze to get an IP PIN. :annoyed

IRS IP PIN
by 2pedals
Sun Sep 10, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 622
Views: 35796

Re: Equifax customer information leak

I have a question about freezing Chex Systems. Is it correct that Chex Systems is used when opening new bank accounts? And would this be recommended do to because of this leak? I assume I could thaw as neccessary if I needed a new bank account? Thanks. :sharebeer Freezing your Chex Systems reports ...
by 2pedals
Sun Sep 10, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 622
Views: 35796

Re: Equifax customer information leak

I have a question about freezing Chex Systems. Is it correct that Chex Systems is used when opening new bank accounts? And would this be recommended do to because of this leak? I assume I could thaw as neccessary if I needed a new bank account? Thanks. :sharebeer Freezing your Chex Systems reports ...
by 2pedals
Wed Sep 06, 2017 8:41 pm
Forum: Investing - Theory, News & General
Topic: How much weight do you put on back-testing?
Replies: 53
Views: 3230

Re: How much weight do you put on back-testing?

I never had a Doctor or anyone place any weight on my back for a test. Also troubling emotions can make pain much worse. :twisted:
by 2pedals
Mon Sep 04, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Denied for Citi Double Cash, but no record of application?
Replies: 17
Views: 1764

Re: Denied for Citi Double Cash, but no record of application?

I find that sometimes credit card customer service on the phone is sometimes very poor. Could it be that they could not verify who you were and refused to tell you anything except the information is in the mail. I had a frozen credit card for no reason. I called them up service was very rude, they w...
by 2pedals
Mon Sep 04, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: Has Firecalc or I-ORP altered your retirement plans?
Replies: 17
Views: 1913

Re: Has Firecalc or I-ORP altered your retirement plans?

Yes, mostly help me understand the timing of Roth conversions and how much and projected discretionary spending I might have and timing of SS. I really don't believe in extending my retirement date at this point, maybe if I had much less discretionary spending I would considered it and if my defined...
by 2pedals
Sun Sep 03, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Question on Portfolio
Replies: 6
Views: 385

Re: Question on Portfolio

It means you should be buying the total world stock market index instead.
by 2pedals
Sun Sep 03, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Things to buy/repair before (early) retirement
Replies: 32
Views: 3587

Re: Things to buy/repair before (early) retirement

It makes no sense to me. To me you should be buying things when you need them, not before, unless you can get a very big discount, i.e. recessionary periods. I don't see how early retirement would change that.
by 2pedals
Sun Sep 03, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 422
Views: 36658

Re: Picking College and College Scholarships

daveydoo wrote:
Sat Sep 02, 2017 12:34 pm
livesoft wrote:
Sat Sep 02, 2017 8:56 am
Yep, the 2nd kid won't get any college visits until accepted and the 3rd kid won't visit their university before their freshman week.
+1. I was a third kid :D
...and...
I was a 4th kid and my high school physics teacher sent me on a field trip to the local state engineering school.
by 2pedals
Tue Aug 29, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8658

Re: Should we let MIL pay off our mortgage?

Here's the scenario: My Mother-on-law sold her single-family house a few years back, and parked the proceeds in cash ($400,000). She has >$2M invested in various financial instruments (Balanced Funds, CDs, Annuities, our kids' 529) and wishes to re-invest the $400k in real estate. She DOES NOT want...
by 2pedals
Tue Aug 29, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3878

Re: John Bogle video (discusses international)

Among many things Vanguard concludes an allocation between 20% and 40% is appropriate given the historical benefits of diversification. I have very little in international. When I run Vanguard Porfolio Watch, I get this message: "To further diversify your stock portfolio, consider allocating 30% to...
by 2pedals
Tue Aug 29, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 7996

Re: Relative angry I will not co-sign

I feel sorry for your situation. My SIL played this shameless game with my DW in the 1990's. She approached my DW and told her that her small business would go broke without 50,000. She wanted us to lend her money. We did not. My DW cried for months because she felt much shame for not helping out. L...
by 2pedals
Sat Aug 26, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when a parent's money runs out?
Replies: 218
Views: 31095

Re: What to do when a parent's money runs out?

I think you and your mother needs to find out what public assistance options are available to her. For example can she get some help from the Maine Housing Authority ? Looks like they would have several programs that could help her. home improvement help link . There are many programs available for ...
by 2pedals
Sat Aug 26, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2129
Views: 370838

Re: What's Your Credit Card Rewards Strategy?

An World Elite MasterCard would provide a complimentary upgrade at National or Avis rental cars. Has anybody used the an World Elite MasterCard for the rental car status upgrade for National or Avis? Does anybody have any experience with status upgrades at National (executive) and Avis (Preferred)? ...
by 2pedals
Sat Aug 26, 2017 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8036

Re: 33 years old, how am I doing ?

Any tax advantaged accounts for your wife?
by 2pedals
Thu Aug 24, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: John Bogle video (discusses international)
Replies: 44
Views: 3878

Re: John Bogle video (discusses international)

Thanks for the link. You say you believe 100% that Jack says in the video, and you have 100% US equities. Do you not believe the conclusions made on page 13 here by Vanguard? Among many things Vanguard concludes an allocation between 20% and 40% is appropriate given the historical benefits of divers...
by 2pedals
Wed Aug 23, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Sigh...I'm ready for criticism...how am I doing?
Replies: 50
Views: 6621

Re: Sigh...I'm ready for criticism...how am I doing?

I think you are doing quite well, like your investment approach. You have a big shovel so before you buy anything too fancy like a luxury car pay off your student loan is my advise. Somewhat shocking for a medical student that your loan was not more. Not sure I would want to be a landlord. I have he...
by 2pedals
Wed Aug 23, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Sigh...I'm ready for criticism...how am I doing?
Replies: 50
Views: 6621

Re: Sigh...I'm ready for criticism...how am I doing?

Pay off your entire student loan, should be easy for you. What are you investing your invest-able money in? Asset allocation %Stocks, %bonds? Low expense ratio Index funds?
by 2pedals
Wed Aug 23, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Reduce future RMD before 70 1/2
Replies: 4
Views: 695

Re: Reduce future RMD before 70 1/2

You may consider using the extended version of I-ORP to help with your planning to reduce the RMDs.
by 2pedals
Tue Aug 22, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 96
Views: 7203

Re: School Redistricting - What should we do?

1) People have already touched on this, but your home school is going to be very different in 5 years than it is today if the whole county is being redistricted. Making a rash decision right now could be throwing away money for no reason. 2) The metrics you're using to determine "best" and "worst" ...
by 2pedals
Tue Aug 22, 2017 2:34 pm
Forum: Personal Consumer Issues
Topic: Rental car booted for prior unpaid parking tickets
Replies: 31
Views: 3537

Re: Rental car booted for prior unpaid parking tickets

If this boot was placed by a private company owned ordered by the private lot, I don't why a previous ticket would initiate a boot order. A previous ticket order would have to come from local enforcement, would it not? Sounds like the private parking lot is trying enforce it's rules and payment meth...
by 2pedals
Tue Aug 22, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 96
Views: 7203

Re: School Redistricting - What should we do?

Our area is undergoing major school redistricting due to major growth in last few years that no one anticipated. Long story short, this impacts us adversely in the worst possible way. We will be -- if the current plan stands -- redistricted from the BEST high school to the WORST high school. We are...
by 2pedals
Sun Aug 20, 2017 10:58 pm
Forum: Personal Consumer Issues
Topic: School District Quality
Replies: 15
Views: 1425

Re: School District Quality

I'd rather my kid go to a school surrounded by over-achieving kids with average teachers than one where students come from high crime areas with families who put less emphasis on education but has superior teachers. Given what has been posted thus far it seems like this isn't a very transparent sys...
by 2pedals
Sun Aug 20, 2017 6:20 pm
Forum: Personal Consumer Issues
Topic: School District Quality
Replies: 15
Views: 1425

Re: School District Quality

Does anyone know of a good resource for looking into public school district quality? I define quality as results - SAT/ACT scores, graduation rate, % taking AP, % passing AP, average AP score, etc. Too many websites and rank lists I've looked at use self-reported numbers, color the rankings with th...
by 2pedals
Sun Aug 20, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 15804

Re: Jobs that pay over $100,000

The Wizard wrote:
Sat Aug 19, 2017 8:02 pm
LarryAllen wrote:
Sat Aug 19, 2017 7:51 pm

I don't think anyone can be an engineer. It takes a special person to be an engineer. They are quite unique. Generally my least favorite clients... by far.
Right. We're cranky bastards, no question...
Yes, even in retirement. Protection from Murphy's Law is very important.
by 2pedals
Fri Aug 18, 2017 10:09 pm
Forum: Investing - Theory, News & General
Topic: How I use I-ORP, and who shouldn't
Replies: 121
Views: 11199

Re: How I use I-ORP, and who shouldn't

I am in favor of I-ORP and I also believe in an "aggressive" conversion of Tira and 401K to Roth after retirement and before SS. I-ORP does not include the projected value of an inherited Roth rather than tax deferred or taxable account. The Roth will continue to grow tax free with RMDs over the lif...
by 2pedals
Wed Aug 02, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Burned out at 28. Do I have enough?
Replies: 62
Views: 9793

Re: Burned out at 28. Do I have enough?

I won't get into the details but the job is exceedingly difficult when it comes to maintaining your personal life and subsequent mental health. :annoyed Perhaps your issue is not with your job (external) but internal. Happiness is almost all attitude. I suggest you get some stress relief. Does your...
by 2pedals
Tue Aug 01, 2017 7:35 pm
Forum: Investing - Theory, News & General
Topic: A Secret of the Index Fund’s Success?
Replies: 25
Views: 3202

Re: A Secret of the Index Fund’s Success?

Here’s a chart of the distribution of lifetime total returns for the stocks in the second study in the OP, from 1989-2015. That is such an amazing distribution... As far from a bell curve as one can be... Thanks a lot for sharing, I would never have thought it was shaped like that. :shock: +1 Very ...
by 2pedals
Tue Aug 01, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: A Secret of the Index Fund’s Success?
Replies: 25
Views: 3202

Re: A Secret of the Index Fund’s Success?

Can someone explain to me how a stock can have a -450% return if dividends are excluded, according to the graph? Does the company magically reach out and suck money out of my bank account? for example you invest $100,000 in a stock goes down to $50,000 baseline stock index goes up from 100,000 to 5...
by 2pedals
Sun Jul 30, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 21890

Re: Living Off Dividends

Willthrill, I read your article that Larry Swedroe wrote. I'll admit my preference is all "psychological"! As a matter of fact, I talked with Larry Swedroe about dividend investing. It keep's coming back to the point of, I have $1.0 million. High Dividend Yield Fund = 3.02% ...$30,200. per year. To...
by 2pedals
Sun Jul 30, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: Living Off Dividends
Replies: 285
Views: 21890

Re: Living Off Dividends

You should consider this post by Larry Swedroe. Irrelevance Of Dividends He makes the point that in this environment investors should not have a preference for dividend stocks.
by 2pedals
Sat Jul 29, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: I bought a different car and my old bike rack no longer works. How should I transport my bike moving forward?
Replies: 67
Views: 3069

Re: I bought a different car and my old bike rack no longer works. How should I transport my bike moving forward?

If you have a hitch rack that blocks your license plate, you can (and people have been) ticketed. How is this any different then a truck mount rack, my truck mounted unit blocks my plate when the bikes are on the car. I do not see how any carrier will not block the plate when the bikes are in place...
by 2pedals
Fri Jul 28, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Phone number stolen
Replies: 41
Views: 2864

Re: Phone number stolen

I think i would change my profile to any important bank/credit card account were your phone number is used. While you at it change your passwords as well. The passwords aren't the immediate problem. The problem is that for certain situations, the financial provider texts a six digit number to your ...
by 2pedals
Fri Jul 28, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Phone number stolen
Replies: 41
Views: 2864

Re: Phone number stolen

I think i would change my profile to any important bank/credit card account were your phone number is used. While you at it change your passwords as well.
by 2pedals
Wed Jul 26, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: Rewards Cards
Replies: 16
Views: 1607

Re: Rewards Cards

Check here for ideas
viewtopic.php?f=2&t=192008
by 2pedals
Tue Jul 25, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32810

Re: John Bogle Has Been Right About Investing In International Stocks

Jack Bogle has made an educated bet on to tilt heavily toward US stocks, he has always stayed the course. Jack Bogle said “I was right, really right.” His bet has been right, certainly not wrong. That is what investment risks are all about making educated bets. Will he be right in the future maybe n...
by 2pedals
Mon Jul 24, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32810

Re: John Bogle Has Been Right About Investing In International Stocks

John Bogle statements boldly provides his reasons for the U.S. equity. “I believe the U.S. is the best place to invest,” Bogle said. “We probably have the most technology oriented economy in the world. I would bet that the U.S. will do better than the rest of the world. It is a simple bet on which e...
by 2pedals
Sun Jul 23, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Stable value fund vs Vanguard Total Bond Market Index
Replies: 27
Views: 3410

Re: Stable value fund vs Vanguard Total Bond Market Index

Today, I think stable value funds are a good deal relative to total bonds. You know what you are getting with no volatility. With total bonds you are assuming some risk associated with rising interest rates.
by 2pedals
Sun Jul 23, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Investing in an AirBNB unit? ROI?
Replies: 32
Views: 3140

Re: Investing in an AirBNB unit? ROI?

6,000/year for expenses, taxes and utilities does not seem to be enough to me.
by 2pedals
Sun Jul 23, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should I convert my tIRA to a Roth? (Pro rata rule)
Replies: 8
Views: 526

Re: Should I convert my tIRA to a Roth? (Pro rata rule)

If you are between the period after you retire but before you start taking social security that would be ideal. I am planing to wait until I retire early in a few year and aggressive convert my tax deferred to Roth. That is the time frame when you tax bracket for the conversion should be lowest. If ...
by 2pedals
Sat Jul 22, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 8655

Re: Larry Swedroe: REITs Aren't Special

Could this be because REITs have become market efficient in this low interest rate environment?
by 2pedals
Sat Jul 22, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: REITs Aren't Special
Replies: 106
Views: 8655

Re: Larry Swedroe: REITs Aren't Special

I am becoming burned out on tilts. they work they don't work everyone has the opinion. I guess when scv make there run someone will say I told you to tilt. Did shakspear say to tilt or not to tilt? To tilt, or not to tilt. That is the question. My mother always said to stand up straight. Mother is ...
by 2pedals
Thu Jul 20, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View usefulness?
Replies: 34
Views: 2537

Re: Fidelity Full View usefulness?

Does that include assets held in external accounts? Yes... Also, be aware that FV is used as input to FIDO's Planning/Retirement tool (formerly known as RIP) so it's a good idea to include all your investment accounts, regardless of where they are held in order to get a valid result. I don't really...
by 2pedals
Wed Jul 19, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Son's trust fund for education
Replies: 13
Views: 1270

Re: Son's trust fund for education

I think I would be gradually placing it in a money market or short term bond fund. Start selling enough to cover college costs for at least 2 years. Maybe you can limit capital gains by starting this year and continue beginning next year.
by 2pedals
Wed Jul 19, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Buying the "three" Vanguard funds through Fidelity???
Replies: 10
Views: 1041

Re: Buying the "three" Vanguard funds through Fidelity???

I do not recommend buying Vanguard funds through Fidelity. Fidelity has the three-fund portfolio covered with their own funds. You would have some unnecessary transaction fees when you buy and sell the 3 fund portfolio Vangauard funds through Fidelity.
by 2pedals
Wed Jul 19, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View usefulness?
Replies: 34
Views: 2537

Re: Fidelity Full View usefulness?

I don't really care for it. I personally don't like providing usernames and passwords to external web sites.
by 2pedals
Wed Jul 19, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Essential Bike (bicycle) Accessories
Replies: 71
Views: 3946

Re: Essential Bike (bicycle) Accessories

I love my hitch bike rack. I love to take my bike with me to new places to explore. :D
The Swagman bar adapter helps with placing bikes with sloping down tubes on the rack .
by 2pedals
Tue Jul 18, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Survivor Benefit in Lieu of Long Term Care Insurance?
Replies: 27
Views: 1307

Re: Pension Survivor Benefit in Lieu of Long Term Care Insurance?

I am planing on taking 100% and Joint & Survivorship. My wife would be the survivor. Women tend to live longer. It would be real nice to get that COLA, my pension does not have that. COLA could be added insurance against the longevity risk.