Search found 2692 matches

by CaliJim
Sat Nov 18, 2017 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Need help choosing supplemental retirement plan
Replies: 2
Views: 301

Re: Need help choosing supplemental retirement plan

Hi Everyone, I am new to the board. I want to start out by saying how grateful I am in advance for this resource and for any help you can provide. My wife is a new teacher in Chicago Public School system and we are looking at her investment options with the school district. We apparently only have ...
by CaliJim
Sat Nov 18, 2017 12:29 am
Forum: Investing - Theory, News & General
Topic: Good Backtest tool
Replies: 2
Views: 342

Re: Good Backtest tool

Hey - hoping I can get some help here. I'm volunteering for my Church's trust and trying to backtest what would've happened in various scenarios from the mid 90s to the present. All the tools that are out there are limited. Portfolio Visualizer only has data back to year 2000. Simba's tool that I f...
by CaliJim
Sat Nov 18, 2017 12:03 am
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 1078

Re: Marijuana stocks

you know something everyone else doesn't? what makes you think you got the inside track here? by the time you'd be allowed to invest in some puplic offering... most of the opportunity will have been soaked up by the vulture capitalists and their cronies. also....the latest and greatest thing is not ...
by CaliJim
Thu Nov 16, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: Confused!!!! CRCCs or home care..? Help!!
Replies: 12
Views: 1040

Re: Confused!!!! CRCCs or home care..? Help!!

I like the idea of moving in when I'm healthy and active and not having to move again as my health and/or physical abilities decline. My mother strongly endorses this idea. As always is the case, there is a social hierarchy in these communities. Healthier and more able community members find it eas...
by CaliJim
Thu Nov 16, 2017 11:12 pm
Forum: Personal Consumer Issues
Topic: Confused!!!! CRCCs or home care..? Help!!
Replies: 12
Views: 1040

Re: Confused!!!! CRCCs or home care..? Help!!

My mom has been very happy with the CCRC that she moved into in her late 70's, when she was still driving. She's now 91, going strong and has no regrets. Living in community has been good for her, she is very social. Many old folks live lonely lives trying to age in place. Shop around, ask your doct...
by CaliJim
Thu Nov 16, 2017 9:02 pm
Forum: Personal Consumer Issues
Topic: Chain of command
Replies: 24
Views: 2720

Re: Chain of command

Keep good notes. Document everything and keep a duplicate copy somewhere safe.
by CaliJim
Wed Nov 15, 2017 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting of stock in error
Replies: 8
Views: 986

Re: Gifting of stock in error

You can't unscramble an egg, even if you cracked it by mistake. It can be hard for brokerages to untangle certain types of mistakes. There can be third parties involved who don't care about mistakes. And from the computer systems point of view, a transaction is a transaction and can't simply be dele...
by CaliJim
Wed Nov 15, 2017 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Handling Reinv Divs from Separate Property Stock
Replies: 2
Views: 245

Re: Handling Reinv Divs from Separate Property Stock

I'm no expert... but according to the interwebs it seems to vary by state. Looks like you're in Texas.....I just did a brief googleing and found this: http://www.ondafamilylaw.com/property-division/assets/stocks/ IMHO.... I would think it would be better to keep it as simple as you can and not have ...
by CaliJim
Wed Nov 15, 2017 11:23 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 2023

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

Many thanks to everyone who chimed in - such a valuable DIY home improvement forum :D I should have mentioned in the OP that counter space is far too precious to devote it to a microwave. And I'm not dying to make massive revisions to my kitchen only to sell in a few years, so I think I'll replace ...
by CaliJim
Wed Nov 15, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 2023

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

Present several options to your spouse.
Let your spouse decide.

:P
by CaliJim
Wed Nov 15, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Managing 401k after Job Change
Replies: 16
Views: 1098

Re: Managing 401k after Job Change

To start off.... I'd consider rolling the old 401k into a self directed traditional IRA in order to get access to a Life Strategy or Target Date fund/etf. Consolidate that money into one fund with the AA you want, and fogedaboutit for a while. Then you have one less account to rebalance. What's that...
by CaliJim
Wed Nov 15, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: How to protect an elderly person?
Replies: 7
Views: 1181

Re: How to protect an elderly person?

It is possible to establish an adult guardianship or conservatorship to protect a person who is incapable of fully protecting themselves. Guardianships and conservatorships require court approval, which implement the legal concept of parens patriae. The guardian or conservator has much more control...
by CaliJim
Wed Nov 15, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 2606

Re: Previous employer terminating pension

The last time they offered, Nov 2012, the lump sum would have been $79052. Instead, I planned on taking the $1093/mo at age 65. I'm 58 1/2 right now with no immediate plans to retire yet. Which is best depends in a large part on what the numbers are for the current options but you do not know that ...
by CaliJim
Wed Nov 15, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 2606

Re: Previous employer terminating pension

Option 1-B is to DCA into annuitization...taking the lump, then later on, annuitizing a portion of it each year over a series of years. Please don't do this. Insurance contracts include a load for commission and for administrative fees. Why on earth would you want to pay that load multiple times? I...
by CaliJim
Wed Nov 15, 2017 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 2606

Re: Previous employer terminating pension

things change and i like preserving options if you choose 1, you can buy a treasury or cd with the lump,then annuitize it later IF and WHEN and WITH WHOM you want. If you choose 2 or three, you are starting to get more and more locked in. Will they distribute the lump sum into a 401K? if so, then yo...
by CaliJim
Wed Nov 15, 2017 12:27 am
Forum: Personal Consumer Issues
Topic: places to live near Stanford University
Replies: 35
Views: 2651

Re: places to live near Stanford University

You might look into shared housing, rent a room in a house or apartment. IMHO: better to rent close to campus than own something far away and have an insufferable commute. The resources available around the campus area are fantastic, there is lots to do there when you are not working. You don't want...
by CaliJim
Wed Nov 15, 2017 12:07 am
Forum: Personal Finance (Not Investing)
Topic: How to protect an elderly person?
Replies: 7
Views: 1181

Re: How to protect an elderly person?

It is possible to establish an adult guardianship or conservatorship to protect a person who is incapable of fully protecting themselves. Guardianships and conservatorships require court approval, which implement the legal concept of parens patriae. The guardian or conservator has much more control ...
by CaliJim
Tue Nov 14, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 148
Views: 9256

Re: The 4% rule DOES fail but still makes sense!

The reason the probabilities for success change in the two scenarios is that in the first 30 year simulation, a 20% drop in year one has only a fractional probability of happening.

In the second 29 year scenario, that 20% chance of a drop in year one has now gone to 100%.
by CaliJim
Mon Nov 13, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 5545

Re: Losing all of your savings.

Sounds like OP needs to address more than just "how to deal mentally" with the investment loss. Sounds more like a whole lifestyle reset is in order. Twelve step programs are highly effective. http://www.gamblersanonymous.org
by CaliJim
Mon Nov 13, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: What is all the recent talk about a bond bubble?
Replies: 22
Views: 2268

Re: What is all the recent talk about a bond bubble?

All the recent talk about a bond bubble is pretty much like the not so recent talk about a bond bubble. :P

https://www.google.com/search?sitesearc ... ond+bubble
by CaliJim
Mon Nov 13, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Is the 4% SWR still valid because inflation is low despite low rates?
Replies: 5
Views: 615

Re: Is the 4% SWR still valid because inflation is low despite low rates?

I'm not an economist... but my intuition is: Since long term returns and inflation are somewhat (?) correlated, the 4% "rule" holds in most inflation rate scenarios. And a conservative approach would be to not be looking for reasons to plan for higher withdrawal rate, but rather to plan for longevit...
by CaliJim
Sat Nov 11, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: Do you meditate?
Replies: 107
Views: 6270

Re: Do you meditate?

Yes




It is good for nothing.
by CaliJim
Sat Nov 11, 2017 1:12 am
Forum: Investing - Help with Personal Investments
Topic: US All-Share Index Fund Recommendation?
Replies: 2
Views: 348

Re: US All-Share Index Fund Recommendation?

Bump. I don't have an answer. Anyone else? OP.... I take it you're in the UK and you want to use your Pounds to buy a US stock index fund. Most of us here are investing dollars so... we're probably not a good source for this type of info. Doesn't come up much. We don't even talk much about hedging o...
by CaliJim
Sat Nov 11, 2017 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Anton Kreil
Replies: 1
Views: 504

Re: Anton Kreil

I watched a bit of the clip you linked to. Definitely not a boglehead in his approach. Interesting and entertaining. Obviously a good story teller and perhaps a good motivational speaker. I'm not sure I understand all that he was saying, but from his popularity (books, international speaking engagem...
by CaliJim
Sat Nov 11, 2017 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Hardship and 401k withdrawal
Replies: 4
Views: 500

Re: Hardship and 401k withdrawal

Welcome to the Bogleheads. Good customer support help is hard to find and those that have been found are often poorly trained. Sorry you ran into this mess. If you haven't done so already, it's time to pull out your 401k plan documents and reread them. The IRS guidelines for 401ks may also help: htt...
by CaliJim
Sat Nov 11, 2017 12:26 am
Forum: Investing - Theory, News & General
Topic: "A Year-End Checklist for Retirees"
Replies: 1
Views: 996

Re: "A Year-End Checklist for Retirees"

Practical things.
Always a good reminder
Thanks Taylor.
by CaliJim
Sat Nov 11, 2017 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Can Vanguard alert me when there is a stock spinoff?
Replies: 5
Views: 497

Re: Can Vanguard alert me when there is a stock spinoff?

Hmmm.... did you call Vanguard and ask? I would be surprised if they had such a service. You might look into some sort of online News Clipping service... Some of the Financial apps and web sites will let you enter a portfolio of ticker symbols, and they will show you news headlines for those tickers...
by CaliJim
Sat Nov 11, 2017 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Marketplace insurance when dependent child gains employment
Replies: 5
Views: 365

Re: Marketplace insurance when dependent child gains employment

I'm no expert, but my initial thought is that young adults generally have pretty low medical costs, so if the son is in good health, I would not worry about the double deductibles and max out of pocket issues if he goes on his own.
by CaliJim
Sat Nov 11, 2017 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 72
Views: 7154

Re: Personal letters to the sellers of your house can work!!!

We got a letter from the folks who bought our house. It turned out to be TOTAL BS about how excited they and the kids were about living in the neighborhood. After escrow closed... they put it up for rent
by CaliJim
Fri Nov 10, 2017 11:46 pm
Forum: Investing - Theory, News & General
Topic: What do people mean when they say their SWR is X% or they have X times expenses?
Replies: 27
Views: 2055

Re: What do people mean when they say their SWR is X% or they have X times expenses?

They are just a general rule of thumb looking at the expenses not met by SS and pensions. You can read the Trinity Study here: http://www.retailinvestor.org/pdf/Bengen1.pdf and see what assumptions are made. But specifically, each case is a bit different, and retirement spending typically is not as ...
by CaliJim
Fri Nov 10, 2017 1:02 am
Forum: Investing - Theory, News & General
Topic: CD to corporate spread
Replies: 2
Views: 477

Re: CD to corporate spread

I don't know the typical spread... but they ARE different beasts, so there should be some spread. VCIT duration is ~6.5 years and stays that way forever. A CD's duration declines. If you were to buy VCIT today, and sell it in 7.5 years, you may get less for it than you paid if interest rates have ri...
by CaliJim
Fri Nov 10, 2017 12:23 am
Forum: Investing - Theory, News & General
Topic: Oaktree Specialty Lending Corporation and Oaktree Strategic Income Corporation
Replies: 1
Views: 395

Re: Oaktree Specialty Lending Corporation and Oaktree Strategic Income Corporation

If you want to move up the risk ladder in fixed income, invest in VanGuard High Yield Corporate Bond Fund VWHEX. The only thing I know about Oaktree is what's in the press release. IMHO: just a way to get some concentrated FI risk, without going full Venture Capital. And this is probably a game best...
by CaliJim
Fri Nov 10, 2017 12:06 am
Forum: Personal Finance (Not Investing)
Topic: $23k credit card emergency
Replies: 76
Views: 7970

Re: $23k credit card emergency

Welcome to the forum. Good job on taking responsibility for where you are at, and going out, getting a second job, and starting to get things under control. If you can borrow from your 401k, then do so. Many 401k's will allow you to borrow, and pay back with interest TO YOURSELF! If you can't borrow...
by CaliJim
Thu Nov 09, 2017 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2357

Re: PayPal alternative?

Venmo?
by CaliJim
Thu Nov 09, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: What is the difference between retiring and resigning from a job?
Replies: 42
Views: 4302

Re: What is the difference between retiring and resigning from a job?

VictoriaF wrote:
Thu Nov 09, 2017 1:56 pm
....If they mistreat you, e.g., by asking you to attend staff meetings.....
this is the correct point of view
:happy
by CaliJim
Thu Nov 09, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3412

Re: Annuity for winning the game

See Jim Otar’s book and web site for best advice. If I recall correctly, according to Otar, you are well past the sweet spot for an SPIA. So, no need to annuitize and would be a waste of principle, but it is your money. Even with an annuity, one needs a good financial fiduciary/trustee in the event...
by CaliJim
Wed Nov 08, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: Crypto Currency as Good or Bad as SW That Creates It
Replies: 1
Views: 393

Crypto Currency as Good or Bad as SW That Creates It

Spotted this in the news:

$280m in Ethereum Wallet locked up due to SW issues.

https://arstechnica.com/information-tec ... ts-frozen/

More about this current issue can be found in a GitHub discussion.
by CaliJim
Wed Nov 08, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3412

Re: Annuity for winning the game

See Jim Otar’s book and web site for best advice. If I recall correctly, according to Otar, you are well past the sweet spot for an SPIA. So, no need to annuitize and would be a waste of principle, but it is your money. Even with an annuity, one needs a good financial fiduciary/trustee in the event ...
by CaliJim
Tue Nov 07, 2017 1:39 pm
Forum: Personal Consumer Issues
Topic: Black Friday Deals/Holiday Gift Ideas
Replies: 53
Views: 6550

Fruitcake

Age in TV Inches. :twisted:

But seriously: who makes the best fruitcake?

I've been giving Assumption Abbey Fruit Cakes for a few years... but willing to try a different bakery....as I've had better.
by CaliJim
Tue Nov 07, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Fair Price for a Kitchen Remodel
Replies: 34
Views: 2925

Re: Fair Price for a Kitchen Remodel

I agree with the wait and keep shopping approach. The quotes you are getting are too high. I suspect the recent flooding along the Gulf Coast, and fires in both Northern Cali and Southern Cali have caused demand to be far outstripping supply. Also: add allowances for permits, new appliances, floorin...
by CaliJim
Mon Nov 06, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Give me assurance
Replies: 14
Views: 1760

Re: Give me assurance

Recently went through and re-did my 401k. I have only had this since May '17, so I am trying to do all the research that I can so I can set it and forget it for at least 5 years (re-balance every year). I started with VSCGX (life strategy growth) 100% I then converted it to 80% VTSAX (total market ...
by CaliJim
Mon Nov 06, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: Does Our Chimney Need a Liner?
Replies: 8
Views: 822

Re: Does Our Chimney Need a Liner?

I'm not expert but interested enough to google and found this: http://www.csia.org/chimney_liners.html In the 1940's and again in the 1980's, masonry chimneys were tested by the National Bureau or Standards for durability due to rising concerns about their performance and safety. The tests revealed ...
by CaliJim
Sun Nov 05, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone here help me estimate taxes?
Replies: 13
Views: 1063

Re: Can someone here help me estimate taxes?

Around here, "ER" could mean:

Emergency Room
Expense Ratio
Early Retirement

depending on context
by CaliJim
Sat Nov 04, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: Heavy duty cordless drill/hammerdrill recommendation
Replies: 42
Views: 3136

Re: Heavy duty cordless drill/hammerdrill recommendation

I’d like to bump this. Not sure if what I need exists, but I want a battery operated/cordless system that can be a: - Cordless drill - cordless reciprocating saw - impact wrench Is there a system that will power all 3 of these tools? Milwaukee Makita DeWalt all good brands and the Ryobi stuff works...
by CaliJim
Sat Nov 04, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone here help me estimate taxes?
Replies: 13
Views: 1063

Re: Can someone here help me estimate taxes?

TurboTax 2017 will be shipping mid-November.

You could buy/borrow a copy of that and use that to plug in your 2018 numbers, and get a rough idea of what's what.

But as others have said - taxcaster is pretty good. https://turbotax.intuit.com/tax-tools/
by CaliJim
Sat Nov 04, 2017 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone here help me estimate taxes?
Replies: 13
Views: 1063

Re: Can someone here help me estimate taxes?

Are there any other savings? ?? not sure what you are asking?? tax credits and deductions? There is itemized deductions vs standard deduction. If you have property taxes and home mortgage, these could tip you into taking the itemized deductions rather than the standard deduction. Now on top of the ...
by CaliJim
Sat Nov 04, 2017 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Can someone here help me estimate taxes?
Replies: 13
Views: 1063

Re: Can someone here help me estimate taxes?

Are you looking for an estimate of your Federal taxes, State taxes or both? You list your salary. Does your wife work? There are one-line calculators that will provide estimates of your federal taxes. At a minimum you will need to know the following inputs: salary income, other income (investment i...
by CaliJim
Sat Nov 04, 2017 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3469

Re: Should one use REITs

I got out of REITS (VNQ) a while back in an attempt to simplify, among other reasons. I already own real estate via home ownership and total stock market index (which has real estate exposure), and don't feel I need even more exposure. And unless you're taking a position with 5% or 10% or more, of y...
by CaliJim
Sat Nov 04, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help choosing a Covered CA health plan?
Replies: 4
Views: 402

Re: Help choosing a Covered CA health plan?

Also might be worth while to talk with a health insurance broker, in addition to Covered CA. IMHO: be careful about EPO plans, especially if you are not in a densely populated area. Docs in the insurance companies EPO network can be hard to find in my neck of the woods. I almost got sucked into one ...