Search found 511 matches

by Big Dog
Tue Sep 19, 2017 9:56 am
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 63
Views: 2937

Re: Bogleheads you would most like to meet and why?

you mean besides the original Boglehead, (aka Jack)?

Taylor would be my choice -- I'd love to sit on a sail boat for a few hours and just visit and learn from his experiences.
by Big Dog
Mon Sep 18, 2017 4:48 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 68
Views: 6483

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I just don't think I'm the only investor who likes income investing. Of course not. Millions have been participating for years. Now, I do think their are differences of opinion. Who is right? Only time will tell. There is no right (or wrong) here. If dividend paying stocks helps you sleep at night,...
by Big Dog
Mon Sep 18, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Vanguard Debunks Dividend Myth
Replies: 68
Views: 6483

Re: Larry Swedroe: Vanguard Debunks Dividend Myth

I' am not surprised that Larry Swedroe thinks this way.
Not sure I understand your point, snarly. Larry is just repeating what everyone learns in Finance 101 in B-school:

https://www2.bc.edu/thomas-chemmanur/ph ... vidend.pdf
by Big Dog
Wed Sep 13, 2017 12:24 am
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 9948

Re: The 10 year car ownership "rule"

never heard of such a rule. But then I drive cars until the wheels fall off.

My daily driver is a '89 Volvo.
by Big Dog
Thu Sep 07, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 38746

Re: Flaunt Your High-Mileage Car

'89 Volvo turbo. 198k
by Big Dog
Wed Sep 06, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 61
Views: 5052

Re: To take or not to take delivery of Tesla 3

will take delivery of the LR battery option, and change paint color ($50k). Would prefer the 18" wheels (for range, ride/handling, and replacement tire cost), but will withhold judgement until I see them with the covers off. Will not add the autopilot since it doesn't offer that much value to me. Mr...
by Big Dog
Mon Sep 04, 2017 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 422
Views: 36625

Re: Picking College and College Scholarships

^^with all due respect, 4 of the 8 Ivies have top 20 engineering programs: Columbia, Cornell, Princeton, & Penn. The first two are tied at 13th. Harvard is #23, but has millions to pump into their program to upgrade it. https://www.nytimes.com/2015/06/04/education/john-paulson-gives-400-million-to-h...
by Big Dog
Sun Sep 03, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: Window Blinds - Bali, Levolor, Hunter Douglas
Replies: 30
Views: 64994

Re: Window Blinds - Bali, Levolor, Hunter Douglas

anyone have any experience with Graber blinds.
by Big Dog
Sun Sep 03, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 55
Views: 5668

Re: Do I really need a trust?

Most people leave their retirement benefits to their spouse outright. That lets the spouse roll them over into his/her own IRA, name new beneficiaries, possibly do Roth conversions, and get a longer stretch. While there's sometimes a compelling reason to leave the retirement benefits in trust for t...
by Big Dog
Sun Sep 03, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 55
Views: 5668

Re: Do I really need a trust?

It does not sound like the DIY approach is appropriate for the OP. Why do you think not, if everything is ToD/PoD? I'm in a similar sitch as the OP (California house, community property, wife is first beneficiary, and kids are contingent for all investments) and I have yet to see a need for a trust...
by Big Dog
Sun Sep 03, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 55
Views: 5668

Re: Do I really need a trust?

Some food for thought:

- you die, your wife owns the house. Then she dies. Probate? So you do need a trust.
Not necessarily.

California has a nifty law that allows ToD/PoD for the house under community property. Simple form to file with the County Registrar. Info can be found at Nolo.
by Big Dog
Sun Sep 03, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 422
Views: 36625

Re: Picking College and College Scholarships

I believe the statement was meant to be hypothetical for decision making. Point was ... we are going through a process. Understand, but my way of thinking about college for my kids was value vs. price. A top private (like need-only MIT) is a little less than 2x the cost of Urbana-Champaign. The que...
by Big Dog
Sat Sep 02, 2017 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 422
Views: 36625

Re: Picking College and College Scholarships

If we find ourselves in the rare situation of U of IL at $30K/ year vs. MIT at $50K/ year (best I can tell what each school would cost ...
fwiw: IL is more like $35k instate and MIT is $67k.
by Big Dog
Sat Aug 26, 2017 11:03 pm
Forum: Personal Consumer Issues
Topic: Bosch dishwasher?
Replies: 90
Views: 6524

Re: Bosch dishwasher?

we;ve had two Bosch's for 30 years in the house. Current one is 10 years old, and does have a drying element. But we use econo and just open the door so the dishes air dry. We went with Bosch since our H20 heater is a long way from the kitchen, and the bosch will heat the water. Old Whirlpool that w...
by Big Dog
Tue Aug 22, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Mike Piper and CDs
Replies: 54
Views: 5954

Re: Mike Piper and CDs

I'm a big fan of Mike, but I thought his recent blog was mixing apples and oranges, or in our case, US and international: ...And Vanguard Total International Bond Index Fund has a yield of 0.77%....So, given the US/ international breakdown of the bond holdings in a LifeStrategy fund, the current wei...
by Big Dog
Tue Aug 22, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Beneficiaries/TOD for Vanguard Joint Account
Replies: 27
Views: 2453

Re: Beneficiaries/TOD for Vanguard Joint Account

Our clients generally provide for their children in trust rather than outright, and TOD designations to the children defeat the protection of providing for them in trust rather than outright. Just out of curiosity, what "protection" does a trust have for kids over TOD/PoD (which is instant ownershi...
by Big Dog
Mon Aug 21, 2017 9:05 am
Forum: Personal Finance (Not Investing)
Topic: How to Pay Grad School Loans
Replies: 8
Views: 841

Re: How to Pay Grad School Loans

GradPlus loans come with an upfront fee, i.e., points, so if you don't need the $$ thru the quarter, send the cash back and the school will refund the 4.2%.

Personally, I don't see incurring loan fees to fund a Roth, but others may disagree.

https://studentaid.ed.gov/sa/types/loans/interest-rates
by Big Dog
Sun Aug 20, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: MUST my employer ensure I do not over-contribute to my 401k?
Replies: 10
Views: 1614

Re: MUST my employer ensure I do not over-contribute to my 401k?

LG: just ask your payroll person -- they'll know immediately what system they use and how it keeps track of such items.

OTOH, if you know that your company uses one of the national services such as ADP or Paychex, you can rest assured that they will stop the deductions when the max is hit.
by Big Dog
Sun Aug 20, 2017 8:09 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13297

Re: I own no international stocks. Can you guess why?

you bought a mattress factory, and figured that cash under them is the new one fund portfolio. :twisted:
by Big Dog
Sun Aug 20, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: MUST my employer ensure I do not over-contribute to my 401k?
Replies: 10
Views: 1614

Re: MUST my employer ensure I do not over-contribute to my 401k?

The part about preventing excess contributions OR correcting them is important. It means that an employer might not necessarily have strict processes in place to prevent the over contributions, Most basic payroll systems automatically cap the contributions to the penny. If over 55, you can continue...
by Big Dog
Tue Aug 15, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Short-Term Bond Index For Emergency Fund?
Replies: 11
Views: 1865

Re: Vanguard Short-Term Bond Index For Emergency Fund?

for taxable, I use the Vanguard California tax-exempt bond fund.
by Big Dog
Sat Aug 12, 2017 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Can a salaried employee be docked pay...
Replies: 33
Views: 3402

Re: Can a salaried employee be docked pay...

There are virtually no employers that allow "as needed" sick leave, so while I don't doubt you had that, almost nobody else does. Off topic, but there are a bunch of employers that allow unlimited time off, i.e., for any reason, sick or just vacation, whether "needed" or not. Professional services ...
by Big Dog
Mon Aug 07, 2017 7:59 pm
Forum: Investing - Help with Personal Investments
Topic: Best bond fund for taxable 3 fund portfolio in CA?
Replies: 14
Views: 1235

Re: Best bond fund for taxable 3 fund portfolio in CA?

Vanguard California Intermediate-Term Tax-Exempt - Investor shares VCAIX (er=0.19%) to start with, that can be converted in a nontaxable event to Admiral shares VCADX (er=0.09%) when this bond slice hits $50k. Ditto why do you need bonds in taxable? Personally, that's where I park extra cash and th...
by Big Dog
Sun Aug 06, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: Should TBM Be Your Only Bond Fund?
Replies: 33
Views: 5064

Re: Should TBM Be Your Only Bond Fund?

what are folks' thoughts on Intermediate Term (VBILX) instead of TB?
by Big Dog
Sat Aug 05, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 97
Views: 8533

Re: LED light bulbs

I also purchased LED replacement bulbs from Costco - Feit brand - for the entire house. ..... My experience with these bulbs is that like most electronics, a certain percentage fail early - they will start to blink bright to dim. ......I've now had most of mine for about 3 years now.... Costco's pr...
by Big Dog
Fri Aug 04, 2017 12:17 am
Forum: Investing - Theory, News & General
Topic: Study: Who Sold Stock During the 2008-9 Crash?
Replies: 85
Views: 7329

Re: Study: Who Sold Stock During the 2008-9 Crash?

I wish I knew about tax loss harvesting back then, since I would have sold and bought something similar. Of course, net-net, that's just moving equities around and not sure it counts as "selling.'

Nevertheless, I didn't sell a thing. Was 100%/0% AA before and after.
by Big Dog
Wed Aug 02, 2017 11:29 pm
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 97
Views: 8533

Re: LED light bulbs

stocked up at Costco, particularly when they had a built-in rebate (aka, discount) from SoCal Edison.
by Big Dog
Wed Aug 02, 2017 12:05 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12603

Re: Jack Bogle - Two Fund Portfolio

Seems to me that the folks seeking such level of simplicity would be much better off with a single LifeStrategy fund (pick the one you like based on your tolerance for volatility, and be done with it). Since the life strategy funds include international equities and international bonds, doesn't tha...
by Big Dog
Tue Aug 01, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA: if known result, why complete?
Replies: 44
Views: 2738

Re: FAFSA: if known result, why complete?

Well, it was admissions people at public universities that made this comment, so my question still stands. I ran through an online calculator and our estimated family contribution is ~160K. I assume that rules us out for help at private schools also, correct? If you absolutely, positively know with...
by Big Dog
Tue Aug 01, 2017 9:13 am
Forum: Personal Consumer Issues
Topic: does solar increase the value of a house
Replies: 61
Views: 5462

Re: does solar increase the value of a house

You could always remove them (for what I assume is minimal labor cost).
Not likely. You;'d have to plug every hole, and that would not last without re-roofing.
by Big Dog
Mon Jul 31, 2017 4:05 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32780

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

But, for this tendency, Bogle acolytes seem to predominate. Correlatoin <> causation. And don't forget, with most of the academic research and Retirement Date funds all recommending/holding International equities, Jack is practically alone in his comments regarding that topic. Thus, it is no surpri...
by Big Dog
Mon Jul 31, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32780

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

I guess, but why would you expect anyone to assign value to a statement like "I'm with him"? I don't expect anyone to assign a value to what I say on an anonymous internet board. If they do.... :oops: Making the right decision.. Assuming that there is a "right" decision and that their 'right' decis...
by Big Dog
Mon Jul 31, 2017 1:07 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32780

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

There is a "this expert makes a compelling argument which convinces me and I think about the issue this way" way of approaching experts and communicating their ideas with others. Then, there are those who say "I'm with [Insert guru here]". I trust that you can see the difference. Why does it have t...
by Big Dog
Mon Jul 31, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32780

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

To quote Larry Swedroe:

Investors who abandon the strategy of broad global diversification due to recency
Where does one draw the line on recent. (The CreditSuisse report shows that the US-only success is anything but 'recent'.)
by Big Dog
Sun Jul 30, 2017 5:37 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32780

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

real returns on a global portfolio have been about 5% compounded annually since 1900.
tbf: that 5% compounded is Total World, which includes US, correct? Per page 48 of the CreditSuisse report (thanks for posting, btw), ex-US is "4.3% per year, which is 2.1% less" than US...
by Big Dog
Sun Jul 30, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: John Bogle Has Been Right About Investing In International Stocks
Replies: 505
Views: 32780

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

Which again, no one in this thread has attempted to tackle. Perhaps no one has tackled it is bcos its a straw man. When Bogle said no international stocks needed, he was clearly speaking about and to US-investors. OTOH, I'm sure, if asked, he'd say that non-US residents should definitely hold inter...
by Big Dog
Sat Jul 29, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophy major and future law student
Replies: 93
Views: 5116

Re: Philosophy major and future law student

Philosophy is a great major for LS, or many other things since it is one of the few hume majors that actually requires critical thinking skills. But also look into a second major or minor as a fall back. With that high a ACT score, he can do well on the LSAT (17x) which means merit money from many t...
by Big Dog
Sat Jul 29, 2017 6:50 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 32873

Re: Tesla Model 3 or Chevy Bolt?

Anyone know if the shorter range battery is the same as the longer range and they'll just have a software unlock upgrade? I'm assuming it's about a 75kwh battery they're using. According to other blogs, no it is not the same battery, but just locked. They deduced that based on the heavier weight of...
by Big Dog
Sat Jul 29, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 32873

Re: Tesla Model 3 or Chevy Bolt?

not current owner, but In SoCal, First Production is Nov-Jan, "standard battery" (less expensive model) is Jan-Mar. Stood in line Mar 31.
by Big Dog
Fri Jul 28, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: TSA Pre-check for free
Replies: 75
Views: 5730

Re: TSA Pre-check for free

I am a paid member of Trusted Traveler, but a couple of times that I flew SW, it was not printed on my ticket. Fortunately, I had my card with me, so I just flashed it to the TSA agent at the pre-check entrance.
by Big Dog
Sat Jul 22, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Am I getting good advice - replace the AC, not the 21 year old furnace
Replies: 33
Views: 2843

Re: Am I getting good advice - replace the AC, not the 21 year old furnace

how efficient are the current burners? how much heat do you use? The leak could be in the house lines, btw. (Our AC does have a slow leak, but the furnace is in the garage in the front of the house, so the cooling lines go from outside the back into the walls and snake thru the attic down to the blo...
by Big Dog
Fri Jul 21, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Debt: pay down student loan or car loan
Replies: 11
Views: 801

Re: Debt: pay down student loan or car loan

student loan interest is tax deductible, so its not 3% after tax.

But since it is the lower balance, I'd tackle that one first. When paid off, you'll have another 'yay' moment. Then pay off the car even faster.l
by Big Dog
Fri Jul 21, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Changing Health Insurance Around Child birth to reduce costs
Replies: 25
Views: 1827

Re: Changing Health Insurance Around Child birth to reduce costs

70k. I assume you mean full fare? If so, you are forgetting about the insurance discount. Even tho you have a high deductible plan, you are still eligible for the contract rates using in-network providers. At discounted, contract, rates, I'd guess the net will would be half of that amount. (assumin...
by Big Dog
Thu Jul 20, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Paid Family Leave - California
Replies: 19
Views: 1253

Re: Paid Family Leave - California

#3 -- its like a deductible in that first 7 days are unpaid. No different than unemployment where first week is unpaid.
by Big Dog
Tue Jul 18, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA vs. ACA plan - what to consider?
Replies: 48
Views: 2968

Re: COBRA vs. ACA plan - what to consider?

another thing for retirees: if COBRA gets you to Medicare, your dependents can continue on COBRA even tho you drop it, up to 36 months total.
by Big Dog
Sat Jul 15, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving California, will I be taxed?
Replies: 11
Views: 1360

Re: Leaving California, will I be taxed?

So in order to avoid that, you must sever all ties. Since you don't own property, that includes sending your CA driver's license to the DMV, registering your car in your new state and informing the DMV (I think the CA DMV has a special form for people leaving the state), closing or transferring any...
by Big Dog
Sat Jul 15, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 41
Views: 3023

Re: california homeowners - do you have earthquake insurance?

had it but dropped it.

House is wood, on a slab, bolted. Most likely damage will be chimney collapsing, and to repair that is what about the deductible would run. Just didn't think the benefit was worth it.