Search found 3523 matches

by BolderBoy
Mon Jan 15, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Owning house in a trust?
Replies: 10
Views: 1084

Re: Owning house in a trust?

HEDGEFUNDIE wrote:
Mon Jan 15, 2018 9:04 pm
What is advantage of owning a home within an individual trust?
Probate avoidance on death I think is a prime reason. If a state offers TOD deeding of real estate it is cheaper and mostly accomplishes the same thing.
by BolderBoy
Mon Jan 15, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance: Who do you use? (Auto/Home)
Replies: 32
Views: 1695

Re: Insurance: Who do you use? (Auto/Home)

Alan S. wrote:
Mon Jan 15, 2018 6:51 pm
Before that State Farm - left due to rate increases
Before that AARP Hartford - left due to rate increases
Same order for me and left both for the same reasons.
by BolderBoy
Mon Jan 15, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 45
Views: 2702

Re: Considering PhD...but so much to consider...

Would the PhD be about the money or would the PhD be about personal fulfillment?

I'm lukewarm about seeing you do it for the money.

I did mine for the personal fulfillment and the money just happened to be a secondary (BIG) side effect.
by BolderBoy
Mon Jan 15, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Windfall (no country bias) [Non-US]
Replies: 17
Views: 1225

Re: Investing Windfall (no country bias)

I'm not really resident anywhere... well I am, but we've tended to move pretty regularly to different countries (benefit and negative of the business I was in), and can't decide where to live next (nor how long we'll be there, but pretty sure it won't be forever). You are being pretty cagey for som...
by BolderBoy
Mon Jan 15, 2018 12:50 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10062

Re: Dave Ramsey's Millionaire Study

It's an anonymous survey. Or at least contact info is optional. Your IP address isn't anonymous. You can be sure that they harvest that on the first login. I think they need a court order to correlate your IP address with your name. I doubt they can do that. Just MHO, but I think that is naive. A g...
by BolderBoy
Mon Jan 15, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10062

Re: Dave Ramsey's Millionaire Study

GuyInFL wrote:
Sun Jan 14, 2018 12:55 am
It's an anonymous survey. Or at least contact info is optional.
Your IP address isn't anonymous. You can be sure that they harvest that on the first login.
by BolderBoy
Mon Jan 15, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 37
Views: 2772

Re: why emergency savings?

So suppose I pull $20k out of savings and put it into stocks and bonds. Maybe to slightly increase my sense of security I increase my bond allocation by 1-2%. Now I have more money invested, and I can still virtually guarantee that I'll be able to sell up to $20k when I need to. What do you think? ...
by BolderBoy
Mon Jan 15, 2018 11:28 am
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3483

Re: Are land line phones still being supported?

My mom died last year in her 90s. She had the same phone for 50+ years, landline of course.

You should have seen the 20somethings gather around at the local CenturyLink office when I turned it in while closing out her account.
by BolderBoy
Mon Jan 15, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: Best rock solid router with vpn server and guest network
Replies: 12
Views: 954

Re: Best rock solid router with vpn server and guest network

If you are willing to spend some money... Take a look at the TP-Link Archer C5400. It does all that. Three simultaneous radios (excellent throughput), too.
by BolderBoy
Sun Jan 14, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1537

Re: mlp's Master Limited Partnerships

These were the last things I played with before throwing it all over and going with a BH, 3 Fund portfolio. Never regretted ditching MLPs and have never looked back.
by BolderBoy
Sun Jan 14, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie - diversify? (do something different) or keep going?
Replies: 1
Views: 124

Re: Newbie - diversify? (do something different) or keep going?

Jockey wrote:
Sun Jan 14, 2018 11:40 am
A. Get 401k, IRA, 529 and other tax deferred account starting in 2018? Besides the slight tax savings - is there a real value?
Yes, of course do this first. "Slight tax savings..."? You save 37 cents per dollar you put in a 401k.
by BolderBoy
Sat Jan 13, 2018 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Firing real estate agent after offer made?
Replies: 29
Views: 3139

Re: Firing real estate agent after offer made?

Can I seriously not fire such an incompetent and unmotivated agent without the legal process? No, but I bet he can be sued for his incompetence. You need to play uber dumb about buying a house (especially this house) and let his incompetence in this transaction be his undoing. Contact a real estate...
by BolderBoy
Fri Jan 12, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 1958

Re: 26, have a job, now what?! Seeking advice!

lindsayladell wrote:
Thu Jan 11, 2018 9:06 pm
• Emergency funds: $10,000 earning 0.02% in my credit union savings account (sigh)
Alliant CU is presently advertising 1.3% on savings accounts. Alliant is based in Chicago but has a presence in many cities around the country. I recommend them (was a customer for 5 years).
by BolderBoy
Fri Jan 12, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: When the Fed stops what do you do?
Replies: 17
Views: 2295

Re: When the Fed stops what do you do?

Appreciate any thoughts on the downside to this approach. Remembering that, "Nobody knows nothing.", that the market is smarter than you and I and the market usually has any news that you hear or thoughts you have, already baked in, then perhaps a GRADUAL increase in your long term bond exposure wo...
by BolderBoy
Wed Jan 10, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: Diminished value claim - small claims court
Replies: 23
Views: 1215

Re: Diminished value claim - small claims court

I have never sued anyone and could be dead wrong on this but I think your diminished value lawsuit might be better directed specifically at the person that hit you/caused the accident rather than trying to sue the person's insurance company. May be best to let them fight their own insurance company...
by BolderBoy
Wed Jan 10, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Forget Customer Service--Vanguard has lousy Computers
Replies: 22
Views: 3107

Re: Forget Customer Service--Vanguard has lousy Computers

Sherlock wrote:
Wed Jan 10, 2018 5:24 pm
As a long time Unix scripter I'm reminded of the saying: "if you know what you're doing Unix will let you do anything and if you don't know what you're doing Unix will let you do anything"
"If FreeBSD prevented you from doing stupid things, it would also prevent you from doing clever things."
by BolderBoy
Wed Jan 10, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Did I need a lawyer after an accident?
Replies: 29
Views: 2588

Re: Did I need a lawyer after an accident?

alil wrote:
Wed Jan 10, 2018 5:56 pm
My big question is whether I should pay all the medical bills (23K) myself in order not to be late and ruin my credit score.
IANAL.

Pay the providers and they won't ruin your credit rating.

Make sure that your lawyer will be demanding 100% payment of your out-of-pocket medical costs.
by BolderBoy
Wed Jan 10, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Switching from SEP-IRA to Solo 401k
Replies: 5
Views: 294

Re: Switching from SEP-IRA to Solo 401k

After further reading, if I am maxing out the SEP it might not make any sense to switch to the solo401k. SEP-IRAs do not allow salary deferrals, right? So the only part of a SEP that you are maxing out is the employer contribution side, right? A solo 401k allows maxing out both sides. But first, ar...
by BolderBoy
Tue Jan 09, 2018 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Did I need a lawyer after an accident?
Replies: 29
Views: 2588

Re: Did I need a lawyer after an accident?

My medical insurance company has not paid any bills yet (I submitted all the required documentation and records). I am nervous about the delay as all the providers have sent their bills (nothing has been paid by insurance yet) and they bills are coming due. They lawyer said it can take some time, b...
by BolderBoy
Tue Jan 09, 2018 1:35 pm
Forum: Investing - Theory, News & General
Topic: Pre-Medicare Health Expenses and Savings Multiple
Replies: 9
Views: 662

Re: Pre-Medicare Health Expenses and Savings Multiple

SCV_Lawyer wrote:
Tue Jan 09, 2018 12:52 am
Thoughts?
If you can save a lot in your taxable account between now and retirement, then live off your savings (income = 0) until Medicare age, you can leverage the ACA so that your annual premiums are extremely low ($100/each/yr?).
by BolderBoy
Tue Jan 09, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Minimizing effect of first speeding ticket
Replies: 28
Views: 2026

Re: Minimizing effect of first speeding ticket

IANAL. Do a Google search in your state to see if a '5 mph over the limit' ticket carries any points. If it does not, then pay the ticket and consider it a lesson learned (stay inside the speed limit). If you choose to contest the ticket, do you have any WRITTEN evidence that you can show the court?...
by BolderBoy
Sun Jan 07, 2018 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2863

Re: protecting future inheritance

Tough to do much before your mother dies. But once she does, you should get with your father to make everything he then owns as POD/TOD/Beneficiary to you. For all the financial assets it should be easy to do this. Perhaps your state allows for TOD deeds for the real estate (house) and TOD titling f...
by BolderBoy
Sun Jan 07, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest all right now? (1.4M, 34 yrs)
Replies: 22
Views: 3738

Re: Should I invest all right now? (1.4M, 34 yrs)

However it seems the market value is too high (Shiller PE Ratio is 33.27) I have no idea what a PE Ratio is. At our last BH meeting in Philly last October it was made pretty clear that we shouldn't care what a PE Ratio is. I've never done DCA investing; always lump sum whenever I had the $$$. Retir...
by BolderBoy
Sat Jan 06, 2018 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Flagship milestone: Thank You Bogleheads!
Replies: 13
Views: 2507

Re: Flagship milestone: Thank You Bogleheads!

badbreath wrote:
Sat Jan 06, 2018 11:33 pm
how do you know you are Flagship?
Automatic when you hit 2 commas. May take a few weeks for VG to make the switch on his accounts.
by BolderBoy
Sat Jan 06, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2571

Re: Do we have too much in bonds?

When does the pension start?
by BolderBoy
Sat Jan 06, 2018 1:28 pm
Forum: Local Chapters and Bogleheads Community
Topic: Thank You Bogleheads!
Replies: 9
Views: 1114

Re: Thank You Bogleheads!

I would really like to thank all the great folks at this forum to really helping me all these years. I am not sure if I could accumulate whatever little I have accumulated without the wonderful advice of this group. As many people in this group I am also worried of protecting my gains based on the ...
by BolderBoy
Sat Jan 06, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Charitable fundraising and 'restricted' donations - challenge
Replies: 1
Views: 160

Re: Charitable fundraising and 'restricted' donations - challenge

I am involved as a volunteer for a specific group that funds multiple aspects of assistance to a community in a very, very poor third world country. Annually, we send between $100,000 - $150,000 there. There are 3 or 4 categories of such assistance and the exact details vary from year to year. The ...
by BolderBoy
Sat Jan 06, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Splitting Assets in Divorce
Replies: 51
Views: 4983

Re: Splitting Assets in Divorce

6. Any other advice for me? Your state likely provides a how-to document on-line to aide in preparing your own divorce paperwork. But be advised that many/most states require an attorney be hired if there are minor children involved. Sorry that it has come to divorce. No matter how amicable, it sti...
by BolderBoy
Sat Jan 06, 2018 12:38 pm
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 3973

Re: DD just got married !

Congratulations. Sounds like you raised a smart daughter!
by BolderBoy
Sat Jan 06, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time for me to get my 401K out of the stock market?
Replies: 24
Views: 3857

Re: Is it time for me to get my 401K out of the stock market?

nguy44 wrote:
Sat Jan 06, 2018 11:54 am
So... do I really need to keep investing my 34 year old 401K in equities? Maybe I should declare victory and get my 401K out of the market at this point.
Victory, yes. But if you pull your 401k out of equities how will that money keep up with inflation?
by BolderBoy
Sat Jan 06, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Do I need $$ in taxable?
Replies: 26
Views: 4036

Re: Do I need $$ in taxable?

Ok, I guess I wasn't clear in what I am wondering. Basically, the question is there any reason in retirement to have a taxable account. Why not just use a Roth account in lieu of the taxable? 3 types of accounts: taxable, tax-deferred and tax-free. The tax-free (Roth) should be the last money you t...
by BolderBoy
Sat Jan 06, 2018 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Seeking advice on setting up retirement cash flow
Replies: 22
Views: 1769

Re: Seeking advice on setting up retirement cash flow

so am just looking to see where I am if I just said “that’s it” (somewhat ambivalent about not working again at the moment). You can easily "hang it up" now - from a financial standpoint - if you wish. You don't need to move out of CT; your portfolio can handle a high tax state. Current Assets (s =...
by BolderBoy
Sat Jan 06, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: How to calculate total return (including dividends)
Replies: 7
Views: 653

Re: How to calculate total return (including dividends)

bobf wrote:
Sat Jan 06, 2018 10:48 am
I am wavering in my resolve to hold bonds...
Meaning you don't think bonds are contributing enough to your total return to be worth holding 'em?

Full stop!

What do you think is the purpose of bonds in a portfolio?
by BolderBoy
Fri Jan 05, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Checking In After Six Years
Replies: 11
Views: 3047

Re: Checking In After Six Years

You should be held up as the poster child for "doing it right".
by BolderBoy
Tue Jan 02, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes [Do it yourself or use tax software?]
Replies: 39
Views: 2700

Re: Taxes

I've used TT software in the past. Will be using H&RBlock software this year (cheaper).
by BolderBoy
Tue Jan 02, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Costs of defending possible anti-trust lawsuits on index funds would hit shareholders
Replies: 4
Views: 795

Re: Costs of defending possible anti-trust lawsuits on index funds would hit shareholders

AlohaJoe wrote:
Tue Jan 02, 2018 7:28 am
I don't feel like I learned anything.
You didn't learn anything. The shareholders (you and me) own the funds and the funds own VG. VG owns nothing. To say that VG owns [%] of some company is journalistic nonsense.
by BolderBoy
Mon Jan 01, 2018 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: Nondeductible IRA rollover to Roth IRA
Replies: 10
Views: 625

Re: Nondeductible IRA rollover to Roth IRA

1) Should I contribute $5,500 to a Roth IRA and see if my income will be less than $135,000 by end of year? This is what I did in 2017; resulted me in having to recharacterize my Roth contributions to a non-deductible Traditional IRA then a rollover (exceed income limit). I will end up paying taxes...
by BolderBoy
Mon Jan 01, 2018 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: Taking Long term gains or converting to Roth
Replies: 6
Views: 350

Re: Taking Long term gains or converting to Roth

I like to get your thoughts whether it is better to convert or take long term capital gains? We'd have to know more about your circumstances, such as do you need the LTCGs for living expenses? In my case I have a large stash of savings that I'm living on so I'm forgoing harvesting the LTCGs in favo...
by BolderBoy
Mon Jan 01, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds placement and potential rebalancing.
Replies: 4
Views: 447

Re: Bonds placement and potential rebalancing.

mrx wrote:
Mon Jan 01, 2018 11:15 pm
Does this mean I should always try to keep some bonds in taxables accounts to get ready for rebalancing?
No, it means you need to keep some stocks in your retirement account along with the bonds so you can rebalance without a tax hit.
by BolderBoy
Mon Jan 01, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH Fund - Stock or Bond?
Replies: 11
Views: 632

Re: ROTH Fund - Stock or Bond?

Wanted your advice on my ROTH fund. I'm of the mind that Roths are ideal for equities by themselves. My r401k and rIRA both contain only Total Stock Market Index. The argument is that Roth accounts are the last money that you touch, so could grow for an addtional 30+ years after retirement before b...
by BolderBoy
Mon Jan 01, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 7
Views: 568

Re: Asset Allocation

fusspot wrote:
Mon Jan 01, 2018 9:49 am
I am exactly 4 years from retirement and comfortably with where I am at. My AA is 50/50 with 4 to go. Generally speaking is this where I should be at?
Nothing wrong with that. Many folks use 50/50 for their entire investing lives.
by BolderBoy
Sun Dec 31, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Private personal loan - flat one time fee?
Replies: 15
Views: 1106

Re: Private personal loan - flat one time fee?

One trap to avoid is naming as security on the note something that is prohibited. I once created a promissory note where the payer put up his IRA as security. It isn't allowed, but I didn't know any better. I think they can indeed pledge their IRA as collateral, it just triggers terrible tax conseq...
by BolderBoy
Sun Dec 31, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1564

Re: help me optimize new snow tires

Winter tires are soft and wear down quickly on warm, drive pavement. I wouldn't use them year-round, if economy is any kind of consideration at all. I think I addressed this by saying that winter tires start with more tread.....and that I've done this and will say that they'll conservatively last 6...
by BolderBoy
Sun Dec 31, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Building Emergency Fund - Where to put money
Replies: 16
Views: 1044

Re: Building Emergency Fund - Where to put money

An e fund is not an investment fund (for those asking). It's there in case an emergency occurs. Say you lose your job because the economy tanked and jobs are scarce. Think 2000 or to some extent 2008. Investments drop 50% just as you lose your job and need money to get through 6 months (I'm a belie...
by BolderBoy
Sun Dec 31, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Is it true index funds are over-weighted in tech?
Replies: 15
Views: 1092

Re: Is it true index funds are over-weighted in tech?

I saw a snippet of a WSJ article saying that index funds are now very heavy in tech, obviously because of growth in that sector. Is that literally what the article claims, that "index funds are very heavy in tech"? So if I can name one index fund that has zero tech in it, then the WSJ article is re...
by BolderBoy
Sun Dec 31, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Help planning for 2018
Replies: 27
Views: 2028

Re: Help planning for 2018

Liabilities: 0% Car Loan: $25,000 - car is worth about $34k 1.) Should I pay off the 0% car loan? I can do so, but it would pretty much knock my savings balance to zero dollars. No. They are giving you a free loan, right? 2.) if no for #1, how should I invest the large amount in my savings? ... and...
by BolderBoy
Sun Dec 31, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine
Replies: 41
Views: 6219

Re: Jack Bogle and Vanguard’s $5,000,000,000,000 Question - Philadelphia Magazine

I found the article interesting. I wasn't aware that Jack left the helm under such circumstances, but then why have a mandatory retirement age if you don't want it to be mandatory for everyone? For Jack to say he thought they would make an exception for the founder, well why not write that into the...
by BolderBoy
Sun Dec 31, 2017 1:25 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1564

Re: help me optimize new snow tires

Where do you have your snows and all-seasons swapped? Discount Tire was going to charge $60-70 for this (twice a year). Though not directly answering your question, where do you live and how many miles will you put on the vehicle per year? (I don't drive many miles/yr so keep snow tires on year-rou...
by BolderBoy
Fri Dec 29, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Reopen same closed checking account?
Replies: 6
Views: 578

Re: Reopen same closed checking account?

I tried to do this at a credit union 3 years after they closed the account for lack of usage. They had completely changed the numbering scheme for account numbers (an improvement, I think), so couldn't give me the same account #s.

You should probably get a new account #, too.