Search found 1618 matches

by Bfwolf
Thu Nov 16, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3055
Views: 902623

Re: What Movie Have You Recently Watched?

A few others I've seen recently: The Killing of a Sacred Deer: Terrible. Don't see it. If I'd known it was from the same director as The Lobster, I would've skipped. But even The Lobster was better than this. Thor: I don't really like superhero movies for the most part (I did love Batman Begins), bu...
by Bfwolf
Tue Nov 14, 2017 12:32 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2404

Re: PayPal alternative?

kayanco wrote:
Fri Nov 10, 2017 8:55 am
Bfwolf wrote:
Fri Nov 10, 2017 12:42 am
I agree Venmo is better.
Can you please explain better in what way?
Thanks.
Simpler, easier to use. Very intuitive. Don't have to be careful to avoid fees.
by Bfwolf
Fri Nov 10, 2017 12:42 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2404

Re: PayPal alternative?

The key with this sort of technology is that, like a fax machine, it's completely useless if only 1 person has it, mostly useless if only 2 people have it, and extremely useful if everybody has it. So use the platforms that the people you'll be paying/receiving money use. In my case, that's Paypal a...
by Bfwolf
Fri Nov 10, 2017 12:29 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable emergency fund for HI family?
Replies: 67
Views: 3764

Re: The "Emergency Fund" Myth

Bogleheads: Investopedia's definition of an "Emergency Fund": An emergency fund is an account used to set aside funds needed in the event of a personal financial dilemma, such as the loss of a job, a debilitating illness or a major expense. In my opinion, most of us do not need a separate, low-yiel...
by Bfwolf
Wed Nov 08, 2017 2:14 am
Forum: Personal Consumer Issues
Topic: Ideas for a few days in Belfast, NI
Replies: 6
Views: 609

Re: Ideas for a few days in Belfast, NI

I was there a couple of years ago and really enjoyed this tour. https://www.deadcentretours.com/

Crumlin Road Prison was only of moderate interest.
by Bfwolf
Mon Nov 06, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI planning
Replies: 52
Views: 3829

Re: ACA MAGI planning

Question for those modulating their retirement income to qualify for ACA subsidies. Do you revise your income throughout the year if you find that you’re making more than you had projected (but still under the cliff)? Or do you just sort it out at tax time the following year? The 3 major ways I hav...
by Bfwolf
Mon Nov 06, 2017 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: ACA MAGI planning
Replies: 52
Views: 3829

Re: ACA MAGI planning

My plan this year is to buy 2017 tax software next month and create a dummy return. This will allow me to play with a few variables under my control (IRA contribution, solo 401k contribution) to see what gives me the most advantageous tax position. If you didn't want to buy the tax software early, y...
by Bfwolf
Fri Nov 03, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Should I decline Grand Prize trip because of taxes on winnings?
Replies: 93
Views: 8266

Re: Should I decline Grand Prize trip because of taxes on winnings?

I don't follow golf, but I would absolutely go on this trip. ESPECIALLY if it's in Hawaii. I think you'll be surprised by how much fun you have and how cool it is being behind the scenes. In other words, I think you're probably underestimating how cool this trip will be, and after you go you'll say ...
by Bfwolf
Sat Oct 28, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to switch from an iPhone to an Android?
Replies: 97
Views: 7163

Re: Is it difficult to switch from an iPhone to an Android?

Years ago, I tried to switch to Android. I'm pretty tech savvy but felt constantly frustrated trying to learn the new OS and returned the Android phone and bought another iPhone.
by Bfwolf
Tue Oct 24, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6449

Re: Why do I need bonds? (I'm 30)

Here is Market Timer's thread.

viewtopic.php?f=10&t=5934
by Bfwolf
Tue Oct 24, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6449

Re: Why do I need bonds? (I'm 30)

Ha! Appreciate the effort and time that went into the response - I wasn't actually considering going 100% SC but was more attempting to use it for illustrative purposes. If 100% stocks then why not higher risk than just Total Stock Market? I fully agree with your points, though. Or alternatively, b...
by Bfwolf
Tue Oct 24, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Lastpass on iPhone easy to use?
Replies: 16
Views: 1204

Re: Lastpass on iPhone easy to use?

ERISA Stone wrote:
Tue Oct 24, 2017 4:29 pm
Unless I'm doing it wrong, it's a little annoying. I go back and forth between the app I'm opening and lastpass. I copy/paste the ID/PW between the two apps.
This is what I do too. If there's a better way, I'd love to know.
by Bfwolf
Tue Oct 24, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6449

Re: Why do I need bonds? (I'm 30)

Ha! Appreciate the effort and time that went into the response - I wasn't actually considering going 100% SC but was more attempting to use it for illustrative purposes. If 100% stocks then why not higher risk than just Total Stock Market? I fully agree with your points, though. Or alternatively, b...
by Bfwolf
Tue Oct 24, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: Popularity of Funds that track the Dow instead of the S&P 500
Replies: 19
Views: 1689

Re: Popularity of Funds that track the Dow instead of the S&P 500

Yeah, I was reading the OP and going "Huh???" The S&P 500 has done tremendously well this year. It's not just sitting there.

Investing in the Dow is a terrible idea. It's poorly diversified. Own the entire market.
by Bfwolf
Mon Oct 23, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6449

Re: Why do I need bonds? (I'm 30)

OP, I see that many people are saying you don't need bonds at your age. You will make your own decision, of course, but keep in mind that this advice is being colored by the long bull market we are in. If you had asked this question 5 years ago, when 2008-09 was still relatively fresh and the smalle...
by Bfwolf
Sun Oct 22, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3055
Views: 902623

Re: What Movie Have You Recently Watched?

I got Moviepass recently and so am expecting to watch more movies than in the past. I watched 2 last week: 1) American Made starring Tom Cruise. This is about a pilot who gets caught up with the CIA and the drug/guns trade in Columbia/Central America in the 70s and 80s. I enjoyed this and would give...
by Bfwolf
Thu Oct 19, 2017 2:10 am
Forum: Personal Consumer Issues
Topic: Trash dumped on curb (need advice)
Replies: 60
Views: 6268

Re: Trash dumped on curb (need advice)

I agree with the posters who say go knock on their door and explain your concerns. What's the worst that can happen? They say no. Then you can go to the HOA/city council/etc. If you were in their shoes, wouldn't you want somebody to come to you first?
by Bfwolf
Tue Oct 17, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 465
Views: 40086

Re: TD Ameritrade dropping Vanguard from commission-free ETFs

So are there any funds in here that are worth replacing the Vanguard funds for a 3 fund portfolio?
by Bfwolf
Thu Oct 12, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Going First Class
Replies: 42
Views: 2491

Re: Going First Class

the " tell no one" doesnt work for me re the inheritance. I guess it's a very odd situation to have to tell your friends but I have worked with them for 30 years. There was no one else I would have trusted with the estate. They did a fantastic job. And most have more money than me. I'm a part time ...
by Bfwolf
Thu Oct 12, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Going First Class
Replies: 42
Views: 2491

Re: Going First Class

the " tell no one" doesnt work for me re the inheritance. I guess it's a very odd situation to have to tell your friends but I have worked with them for 30 years. There was no one else I would have trusted with the estate. They did a fantastic job. And most have more money than me. I'm a part time ...
by Bfwolf
Thu Oct 12, 2017 4:31 pm
Forum: Personal Consumer Issues
Topic: Going First Class
Replies: 42
Views: 2491

Re: Going First Class

the " tell no one" doesnt work for me re the inheritance. I guess it's a very odd situation to have to tell your friends but I have worked with them for 30 years. There was no one else I would have trusted with the estate. They did a fantastic job. And most have more money than me. I'm a part time ...
by Bfwolf
Tue Oct 10, 2017 12:49 am
Forum: Investing - Help with Personal Investments
Topic: 3 months left to contribute and max TSP
Replies: 25
Views: 2315

Re: 3 months left to contribute and max TSP

I think your plan is a good one. The traditional/Roth split is a tough call as mentioned by others. The usual Boglehead advice is to go all traditional when you're in the 25% bracket. But your real estate holdings and likely high dividends from a large taxable account (from civilian doctoring) in re...
by Bfwolf
Sun Oct 08, 2017 10:31 pm
Forum: Investing - Theory, News & General
Topic: Dividends vs. Capital Gains for Spending Needs?
Replies: 200
Views: 15407

Re: Dividends vs. Capital Gains for Spending Needs?

Another problem is long term capital gains on switching funds: Let's say your in a low dividend paying fund during your accumulation years (say TSM). Then at retirement you switch your TSM fund into a dividend paying fund (say HDY). As soon as you make the switch your hit with capital gains tax. On...
by Bfwolf
Fri Oct 06, 2017 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

My older son tried negotiating the amount of his merit scholarship offer from Pitt. He was trying to decide between Pitt and University of Maryland (College Park). UMCP is in state. He had similar stats to your nephew. Pitt had offered enough to get their tuition + R&B to about the level of in-stat...
by Bfwolf
Fri Oct 06, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Dish network
Replies: 21
Views: 1303

Re: Dish network

Echo what others have said about performance--outages occasionally but rarely due to weather. Not a dealbreaker IMO. I'll also add that the customer service I've received from Dish has been outstanding. I've had lots of receiver issues over the year and have probably had to have the receiver replace...
by Bfwolf
Fri Oct 06, 2017 1:43 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

alinna wrote:
Fri Oct 06, 2017 1:14 am
When you say that you don't think he'll get a merit scholarship from UCLA or UC Berkeley, are you saying that your nephew wouldn't qualify for their scholarships or that you don't think those schools offer merit scholarships?
Merit scholarships at those schools are limited and highly competitive.
by Bfwolf
Fri Oct 06, 2017 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

As a resident of California he can apply for the Western University Exchange program at U. of Arizona which will cause out of state tuition to be lowered to 1.5x in-state tuition if he is accepted as a WUE student. I don't think there will be much difference in quality of education or academic rigo...
by Bfwolf
Thu Oct 05, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

I'll let other Bogleheads to answer your scholarship questions. What major is your nephew planning to study? Is he also planning to pursue Master's afterwards? If his intended major is STEM, UC Berkeley or UCLA would be a no brainer compared to University of Arizona. Nothing wrong with UofA but it ...
by Bfwolf
Thu Oct 05, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

telemark wrote:
Thu Oct 05, 2017 5:28 pm
$12,300 for room and board? In Tucson? Maybe I'm out of touch, but I would explore ways to spend less on that.
Fair point. The $12,300 is student housing at U of A, so there may be better deals to be had off campus.

Doesn't change the general thrust of this thread though.
by Bfwolf
Thu Oct 05, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

Check out collegeconfidential.com for detailed help. In general, you have some negotiating room with private colleges if the student is highly desirable and got a higher aid offer from a school that the one you are negotiating with considers a peer or higher. I'm not sure what your negotiating leve...
by Bfwolf
Thu Oct 05, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Re: Negotiating merit scholarships

KlangFool wrote:
Thu Oct 05, 2017 5:05 pm
OP,

How does he rank in term of National Merit?

My niece was a National Merit Finalist. She had a full ride scholarship from the University of Arizona.

KlangFool
Unfortunately, he missed the PSAT cut for National Merit Semifinalist.
by Bfwolf
Thu Oct 05, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating merit scholarships
Replies: 32
Views: 2137

Negotiating merit scholarships

My nephew is an outstanding student who will enter college next Fall. He recently found out he got into the University of Arizona with a $35,000 merit scholarship, which is consistent with the "automatic" scholarship they generate for an out-of-stater with his stats (4.0+ GPA, high SAT) according to...
by Bfwolf
Tue Oct 03, 2017 10:09 pm
Forum: Personal Consumer Issues
Topic: Visiting Paris - should we buy tickets in advance?
Replies: 37
Views: 1750

Re: Visiting Paris - should we buy tickets in advance?

Hopefully you have an ATM card with a bank that does not gouge you with foreign transaction fees, such as Ally. Ally charges a fee for using overseas ATMs. https://www.ally.com/help/bank/atms-withdrawals.html I have a Schwab checking account which doesn't charge foreign ATM fees. When I go on an in...
by Bfwolf
Tue Oct 03, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3803

Re: Chickened out... Now unsure where to start.

1) Ironically, I'd say you're lucky that your emotional decision didn't work out. It's like putting $100 on the roulette table. If you win, you think you can beat a loser's game and the next thing you know you're betting $1,000. Better to take your $100 loss and quit playing roulette entirely. In th...
by Bfwolf
Fri Sep 29, 2017 7:06 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

It doesn't increase shareholder wealth. It does not increase earnings. The company is not more profitable. All those things remain the same. Any corporate action or policy that increases earnings per share is beneficial to the shareholder and increases shareholder wealth, per share. As a matter of ...
by Bfwolf
Fri Sep 29, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

It doesn't increase shareholder wealth. It does not increase earnings. The company is not more profitable. All those things remain the same. Any corporate action or policy that increases earnings per share is beneficial to the shareholder and increases shareholder wealth, per share. As a matter of ...
by Bfwolf
Fri Sep 29, 2017 6:16 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

I'm just taking an action that will increase EPS now and in the future. On paper the company looks more profitable and management looks better. A stock dividend makes EPS slightly worse but some companies still use them. My goal is do something that will make EPS better and that's what I would be s...
by Bfwolf
Fri Sep 29, 2017 5:59 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

I'm just taking an action that will increase EPS now and in the future. On paper the company looks more profitable and management looks better. A stock dividend makes EPS slightly worse but some companies still use them. My goal is do something that will make EPS better and that's what I would be s...
by Bfwolf
Fri Sep 29, 2017 5:56 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

Stock dividends are another mystery. The company gives you more shares but the share prices drop in value. So again, why give the stock dividend? Nothing has changed. Its like a stock split. If companies believe they have projects that have superior returns to what their shareholders could do with ...
by Bfwolf
Fri Sep 29, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house? ("Small Law" edition)
Replies: 19
Views: 2378

Re: Can we afford this house? ("Small Law" edition)

It's hard to say definitively whether you can afford it since you don't specify how much you are saving annually. But given the large pool of money you've accumulated to date, I suspect you have a healthy savings rate and could make the bigger house work. That's a different question, of course, then...
by Bfwolf
Thu Sep 28, 2017 11:43 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

GuitarXM wrote:
Thu Sep 28, 2017 11:05 pm
So then if that stock isn't efficient or liquid the buy back should increase the price.
Why?
by Bfwolf
Thu Sep 28, 2017 8:04 pm
Forum: Personal Consumer Issues
Topic: Using Verizon phones on T Mobile
Replies: 5
Views: 666

Re: Using Verizon phones on T Mobile

I took a Verizon iPhone 6s to Tmobile with no issues. Verizon's coverage is better, but you knew that already. The big difference is outside urban/suburban areas.

Tmobile is cheaper and offers free data/texting in most countries--that was that the key selling point for the switch for me.
by Bfwolf
Thu Sep 28, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

This thread has gotten off track as is always the case with dividend threads. But to get back to the OP's original question, Grabiner explained it perfectly. A comment before this goes the way most do & really for the benefit of those who read later with the intention of understanding...I pulled th...
by Bfwolf
Thu Sep 28, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Share buybacks vs Dividends
Replies: 102
Views: 4971

Re: Share buybacks vs Dividends

This thread has gotten off track as is always the case with dividend threads. But to get back to the OP's original question, Grabiner explained it perfectly. The OP's mistake was thinking the share price goes up during a buyback. It doesn't, it remains the same. Therefore, there is no advantage of a...
by Bfwolf
Tue Sep 26, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs
Replies: 52
Views: 6276

Re: Shifting 100% Stock → 35% Stock & 65% Bonds / REITs

Yes. My perceived risk from a 100% equity portfolio at this time is too high for my comfort zone so I'd like to hold more debt this year. I may shift back towards an unmodified Swensen with more equities later. I'm not trying to time the market as much as bring my perceived risk back to tolerable l...
by Bfwolf
Tue Sep 26, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 7731

Re: I ran out of credit card signups bonus...

https://creditcards.chase.com/a1/InkBusinessPreferred/8tk?CELL=6H8X&AFFID=pngc6t7Ewoo-jt_SJuCjgjf0Fx.lV72CCg&pvid=1dab0de94b514db8972b74c61ff3baff&jp_cmp=cc/458410/aff/3-10002676/na So is this Chase Ink business as good of a deal as it appears to be? As I read it, spend $5000 in 3 months (which won...
by Bfwolf
Mon Sep 25, 2017 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 2005

Re: Is it a good time to buy Apple Stock on 9/23?

Thank you all. These are very valuable and wise advices. This is the reason why I love you guys and the site so much. :D I really appreciate it. I listened to you and withdrew my buying APPL stock idea. One more question: I have had $150K in VTSAX and $70K in VTIAX since March 2017. They are growin...
by Bfwolf
Mon Sep 25, 2017 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Is it a good time to buy Apple Stock on 9/23?
Replies: 18
Views: 2005

Re: Is it a good time to buy Apple Stock on 9/23?

Thank you all. These are very valuable and wise advices. This is the reason why I love you guys and the site so much. :D I really appreciate it. I listened to you and withdrew my buying APPL stock idea. One more question: I have had $150K in VTSAX and $70K in VTIAX since March 2017. They are growin...
by Bfwolf
Sun Sep 24, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24988

Re: I won the Lottery. Need sound advice.

DrHotLunch, First off: CONGRATULATIONS!!!! What an amazing thing to have happen. That's seriously awesome. Second: I sincerely apologize for the reception you received from some of my fellow Bogleheads. You came here looking for advice and were met with many sardonic, dismissive posts. Even many of ...
by Bfwolf
Sun Sep 24, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7647

Re: Help?! My 70 year old father is 100% invested in equities

A few thoughts: 1) I don't like the idea of "capitalizing" pensions/SS as bonds. Instead, simply subtract those amounts off the required annual spending during retirement. If you'll have $40,000 a year in today's $s in pensions/SS, and your spending requirements in retirement will be $100,000/year i...