Search found 670 matches

by Big Dog
Tue Apr 24, 2018 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: [Vanguard account locked out due to deceased owner]
Replies: 17
Views: 1039

Re: [Vanguard account locked out due to deceased owner]

When my son passed two years ago, Vanguard was amazing. They were among the two easiest institutions to deal with. The day after I called I received a Fed-Ex with everything I needed to fill out. Ditto, only it was my step-mom, and I turned down the offer of Fedex for regular mail. But, they did fi...
by Big Dog
Sat Apr 21, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: Can physician charity services (or expenses) be written off?
Replies: 10
Views: 843

Re: Can physician charity services (or expenses) be written off?

Are business expenses such as equipment/supplies and employee salaries deducted under normal business operation? I'll need to ask my CPA if we already deduct these expenses anyway, which would make this a moot point.
Exactly.
by Big Dog
Sun Apr 08, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: Best place to buy a TV
Replies: 33
Views: 2638

Re: Best place to buy a TV

costco
by Big Dog
Sun Apr 08, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Undecided students and STEM majors
Replies: 51
Views: 3963

Re: Undecided students and STEM majors

UC schools were at the top of that list, due to high demand and not enough space. Not only that, graduating in 4 years is nearly impossible due to overcrowding. I kind of feel bad for CA kids in that regard, and it's one of the reasons why so many of them go out of state for their engineering degre...
by Big Dog
Sat Apr 07, 2018 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12446

Re: Ivy school education. Is it worth it?

went to a top state school and have been very pleased with my education; however, if my son majors in business I want him to go Ivy League.
That narrows it down to just two (Penn and Cornell), as those are the only Ivies that offer undergrad business.
by Big Dog
Sat Apr 07, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12446

Re: Ivy school education. Is it worth it?

I want to role play about the young person who studied very hard to get into an high impact school. Lets say Stanford. They worked super hard in high school and then worked super hard in college. Their family were upper middle class so they got some tuition assistance but not a huge amount. This st...
by Big Dog
Sat Apr 07, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 12446

Re: Ivy school education. Is it worth it?

I'd be surprised if many kids from modest or middle class means getting into Ivy League are paying full sticker price. There's no way they are. Indeed. heck, even some high income earners get a discount at Harvard and Yale. (up to $180k) My S attended one of the Ancient Eights for less than the cos...
by Big Dog
Fri Apr 06, 2018 9:50 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3468

Re: How often do you replace your office shoes?

big Allen Edmonds fan. Recrafting is fantastic.

The last time I sent in a pair -- third time in 20 years --- the leather split. AE said no problem, pick something out of the catalog to replace them. Wonderful customer service.
by Big Dog
Sat Mar 31, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 54
Views: 4063

Re: Tired of gas grills rusting out...

had two weber's in 30+ years. (The only reason I got a replacement is that it was a gift from my former employer.) Yes, I live in SoCal, but its uncovered.
by Big Dog
Fri Mar 30, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 621
Views: 64697

Re: Picking College and College Scholarships

It's really a matter of semantics. You could take two years to do a MA and then 5 more to get your PhD, or you could take 7 years to get your PhD and along the way when you rack up a certain amount of credits they just give you an MA. Or, you could skip the MA and get a PhD in ~5 years. Here's an e...
by Big Dog
Fri Mar 30, 2018 12:24 am
Forum: Investing - Help with Personal Investments
Topic: Investing 150k of law school tuition
Replies: 7
Views: 825

Re: Investing 150k of law school tuition

If she has the numbers for a top 10 school, she can likely get some serious merit money a few notches down. Unless you are wealthy, LS is not worth paying sticker (outside of Yale).
by Big Dog
Thu Mar 29, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 621
Views: 64697

Re: Picking College and College Scholarships

The second kid is on track to graduate in 3 years, and her adviser is suggesting she go straight to a PhD, bypassing a masters (never heard of this until he suggested it). It is actually quite common to go directly to a PhD program, without a MA/MS. In fact, top PhD programs won't give much credit ...
by Big Dog
Thu Mar 29, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 621
Views: 64697

Re: Picking College and College Scholarships

No. Not when your other choices are excellent schools. I disagree, if the OP has the cash to pay it. The top 3 for Engineering (in alpha order) are Cal, MIT and Stanford. And then everyone else. Been that way for years. Of course, the downside is that a private at full price is ~70k/yr, so it would...
by Big Dog
Thu Mar 29, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 3804

Re: Cosign college loan for sibling?

just say no to co-signing, but consider picking up the balance due on your loans.
by Big Dog
Sat Mar 24, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21730

Re: Anyone Deleting Facebook?

not into making myself eligible for marketers so never used it, so nothing to delete.
by Big Dog
Fri Mar 23, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 2163

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

coming up on my 40 year anniversary with USAA insurance (auto, home, term life), but I left their investments and banking services long ago. As much as I respect and admire what they do, I refuse to pay above market rates for stuff that I can get cheaper. That being said, I always give USAA a chance...
by Big Dog
Thu Mar 22, 2018 10:40 pm
Forum: Investing - Theory, News & General
Topic: Building a bridge to Social Security: When to start?
Replies: 34
Views: 3984

Re: Building a bridge to Social Security: When to start?

this whole concept just doesn't make any sense to me. It's just moving money from the right pocket to the left pocket. Take xx dollars (8 year's worth of SS payments) and park them in a savings account? Sure, they are secure, but you miss 8 years of possible growth. Don't many advisors already recom...
by Big Dog
Wed Mar 21, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Reimbursement for COBRA considered taxable income?
Replies: 11
Views: 790

Re: Reimbursement for COBRA considered taxable income?

Not taxable because you are required to prove that you have made payments before your former employer will reimburse you. I don't believe this is correct. So, it seems this would still end up being taxable income to me if they do it that way. I don't think there is way for me to deduct it after the...
by Big Dog
Wed Mar 21, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Reimbursement for COBRA considered taxable income?
Replies: 11
Views: 790

Re: Reimbursement for COBRA considered taxable income?

Not taxable because you are required to prove that you have made payments before your former employer will reimburse you.
I don't believe this is correct.
by Big Dog
Sun Mar 18, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Best Way to Leave Inheritance - IRA or Home Equity?
Replies: 17
Views: 2132

Re: Best Way to Leave Inheritance - IRA or Home Equity?

probably too early to think about it.

We're mid-60's, and not sure how many more years we'll keep the house/equity. If one spouse dies, no doubt the remaining spouse will sell and move into a smaller place, which may just be an apartment. So all that equity will go into a taxable account.
by Big Dog
Sun Mar 18, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 150
Views: 7786

Re: Need for Medicare supplemental plan?

I've been wondering whether the insurance companies were going to start offering G high deductible. Me too, but not holding my breath that the CAlif will approve it for sale. (The powers-that-be in our state hate high deductible plans.) I am hoping that I would be able to switch from F-HD to G-HD, ...
by Big Dog
Sun Mar 18, 2018 12:18 pm
Forum: Investing - Theory, News & General
Topic: "Demographics and equity returns: A far-fetched horror story" by Joe Davis of Vanguard
Replies: 30
Views: 5174

Re: "Demographics and equity returns: A far-fetched horror story" by Joe Davis of Vanguard

Research conducted directly with Millennials has shown that they are indeed risk averse. Full article is behind a paywall, but the obvious question that jumps out is, what was the risk aversion of Gen Y, of boomers at the same age? In other words, is this a sea change, or just that young 'ens are s...
by Big Dog
Sun Mar 18, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 150
Views: 7786

Re: Need for Medicare supplemental plan?

Here (Wash DC area) - no actual Kaiser Hospitals - but arrangements with several good ones.
Yeah, I get that, but IMO, Kaiser works best when you are in their ecosystem -- their owned and operated facilities. Otherwise, its just like every other HMO, where providers come and go.
by Big Dog
Sun Mar 18, 2018 11:28 am
Forum: Investing - Theory, News & General
Topic: Incredibly sleazy Northwestern Mutual cold caller
Replies: 78
Views: 7715

Re: Incredibly sleazy Northwestern Mutual cold caller

Perhaps you were stuck in traffic, and had nothing better to do, but why engage at all? Just a, "sorry, not interested" once, twice or thrice and they'll get the message that they are wasting their time on your phone. My other response is, "sorry, I just don't take cold calls. 'Why not?' is usually ...
by Big Dog
Sun Mar 18, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Need for Medicare supplemental plan?
Replies: 150
Views: 7786

Re: Need for Medicare supplemental plan?

In our current Kaiser Medicare plan, in my seven years, I have never been denied a desired referral. In a few cases, my PCP fully and 100% convinced me that I did not need a referral. For California residents, Kaiser works great, as long as you have a Kaiser hospital within a short driving distance...
by Big Dog
Sat Mar 17, 2018 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Spoke to a financial advisor yesterday - what do you think he's up to?
Replies: 81
Views: 8214

Re: Spoke to a financial advisor yesterday - what do you think he's up to?

if my wife and I die and our life insurance pays out our kid will have waaaay more money than he will know what to do with. Then take a look at your life insurance needs. If he is correct, thank him for his suggestion and reduce your life insurance so you can invest the savings (in Vanguard, natch)...
by Big Dog
Thu Mar 15, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: Do you think it’s possible to get a job in a big city if I get an MBA from a mediocre school?
Replies: 30
Views: 2318

Re: Do you think it’s possible to get a job in a big city if I get an MBA from a mediocre school?

One of the main reasons to get an MBA is for the networking opportunities.
Exactly. If you are going to go to a lower-rated school, much better to attend in the locale in which you wish to live.
by Big Dog
Wed Mar 14, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should a recent college grad look for a job in the Bay Area or Texas?
Replies: 39
Views: 2675

Re: Should a recent college grad look for a job in the Bay Area or Texas?

for a MD wannabe, Texas is a no-brainer, to obtain residency. The instate med schools are excellent, at great prices, and easier to get into (with residency).
by Big Dog
Wed Mar 14, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 12424

Re: Need advice re: Liberal Arts Colleges...

Most LACs don't give out merit aid...
That's not correct. Only about the top 10-ranked LAC's are need-only. Smith College #12, for example, provides merit aid.
by Big Dog
Sun Mar 11, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Take MY RMD Now Or Wait Until Later In The Year?
Replies: 20
Views: 1619

Re: Should I Take MY RMD Now Or Wait Until Later In The Year?

I also take mine in late Dec. I have it setup so Vanguard automatically processes it. Wrt questions about about dyeing first: Vanguard is really good with the Transfer on Death (beneficiary) instructions and will tell the new owner if the RMD has already been taken, or at least they did when my mom ...
by Big Dog
Sun Mar 04, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 69
Views: 9446

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

one of my first investments: $5750. Almost turned it into kid's college tuition but have kept it awaiting for one of us to die so we'll get the stepped-up basis.
by Big Dog
Mon Feb 26, 2018 6:31 pm
Forum: Personal Consumer Issues
Topic: Strategies for getting out of a car dealership quickly?
Replies: 78
Views: 6955

Re: Strategies for getting out of a car dealership quickly?

What about writing a short letter and faxing it in. Then follow-up with a phone call requesting confirmation of said letter and cancellation, refund in progress.
by Big Dog
Mon Feb 26, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan information source
Replies: 18
Views: 1221

Re: Student loan information source

SOFI and First Republic seem to be popular for refinancing, assuming a good credit score.
by Big Dog
Mon Feb 26, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Help with College admission questions for DD's friends
Replies: 11
Views: 484

Re: Help with College admission questions for DD's friends

#1 if parents will/can only pay $120k, Rice is off the table. (It's unfortunate that she did not apply to other private schools which give great merit aid to NMSF's.)

#2. all students (US citizens) can borrow up to the federal limit of $27k over four years, regardless of parental income.
by Big Dog
Mon Feb 26, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Put spouse on mortgage?
Replies: 12
Views: 1299

Re: Put spouse on mortgage?

California allows community property for real estate, too. So, by putting her on title and filing an extra form with the county registrar, the surviving spouse automatically becomes full owner should one of you die. No need for a will/trust in this situation.
by Big Dog
Mon Feb 26, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: AC/Furnace Questions- 1 stage or 2 stage?
Replies: 45
Views: 2382

Re: AC/Furnace Questions- 1 stage or 2 stage?

For comfort, generally the longer the a/c or furnace runs, the better.
Exactly. And that is why purposely buying an oversized unit is not recommended (and very Un-BH like).
by Big Dog
Sat Feb 24, 2018 11:51 pm
Forum: Personal Consumer Issues
Topic: Value of an Elite MBA
Replies: 58
Views: 5635

Re: Value of an Elite MBA

attended a top ~10 MBA program and EVERY job I have had since graduating has been obtained via my b-school classmates. Your class network cannot be over looked.
by Big Dog
Sat Feb 24, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Roof Shingle Recommendations
Replies: 26
Views: 1777

Re: Roof Shingle Recommendations

scrooge: could you post the complete link? (I only get a bunch of ads.)
by Big Dog
Tue Feb 20, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard 1099-R for Brokerage Acct
Replies: 13
Views: 818

Re: Vanguard 1099-R for Brokerage Acct

Mine was available as a PDF online, but as of yesterday TurboTax couldn't access it.
Had not trouble downloading mine on Saturday.
by Big Dog
Sun Feb 18, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Why not tax-exempt bonds?
Replies: 23
Views: 2575

Re: Why not tax-exempt bonds?

Everything I've read about bonds says that if you intend to have bonds in taxable, it should be a municipal bond fund like Vanguard Intermeidate tax exempt...
And, if you live in a high-tax state, consider the state tax exempt version. For example, California Tax-Exempt Intermediate...
by Big Dog
Sat Feb 17, 2018 8:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: Orange County, CA chapter?
Replies: 9
Views: 1137

Re: Orange County, CA chapter?

also Irvine.

hey Mel: do new chapters get a BogleHead? :D
by Big Dog
Fri Feb 16, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7137

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Here in CA, Uninsured coverage is limited to $30,000 or some relatively small figure. I don't believe that to be correct. Uninsured Property Damage is limited to $3500 (fixing your own car). But, the liability limits for bodily injury is the same as your regular policy limits. btw: A few years ago,...
by Big Dog
Fri Feb 16, 2018 12:44 pm
Forum: Personal Consumer Issues
Topic: Getting healthcare retroactively covered under COBRA?
Replies: 8
Views: 854

Re: Getting healthcare retroactively covered under COBRA?

spirt rider has it correct.
Theoretically I could call the insurer (Blue Cross Blue Shield),
Not likely. You will need to contact your former employer's HR. Only they -- or their outsourcer for COBRA) can enroll you retroactively.
by Big Dog
Wed Feb 14, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is This Action by Megacorp Legal?
Replies: 65
Views: 4297

Re: Is This Action by Megacorp Legal?

It's somewhat surprising to me that many here are condemning a new retiree for not taking immediate action. I wonder how many who ask this question are new retirees who are still learning the ropes. This has (almost) nothing to do with being a retiree. By law, MegaCorp has to notify all Plan partic...
by Big Dog
Wed Feb 14, 2018 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Helping Mom with Taxes
Replies: 49
Views: 2815

Re: Helping Mom with Taxes

Take a look at the prior year returns first, many questions will then be answered. This. When I took over my MIL's taxes, I just took the previous year's work by the accountant and loaded it into last year's turbo tax. It wasn't difficult, and I came out with the exact same numbers as her accountan...
by Big Dog
Wed Feb 14, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Buying Iphone X with AT&T
Replies: 16
Views: 889

Re: Buying Iphone X with AT&T

Verizon was offering a no-interest "loan" for the X, so it made more sense to me to pay over 24 months.
by Big Dog
Sat Feb 10, 2018 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 12277

Re: Anybody else Age - 10 in bonds, rest in stocks

Good, at least someone has twisted the thing backwards around. Not that I agree or disagree with your particular asset allocation, but the issue needs some fresh thought. full disclosure: the last week or so has gotten me a little more nervous if only bcos I'm being pushed out of my job, so retirem...