Search found 2786 matches

by CaliJim
Thu Jun 21, 2018 10:49 pm
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 22
Views: 1553

Re: Most vs. Least satisfying home impovements

Most: a comfortable, cheerful, easily cleaned, tidy house and garden (so: insulation, appropriate HVAC, good windows, draft free doors, fresh paint, floors/walls/tiles in good repair, garage shelving and storage, nicely planted garden, window treatments) Least: pool, pond, firepit, built in outdoor ...
by CaliJim
Thu Jun 21, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 50
Views: 4193

Re: Can you retire on $2M?

Is $2m total net worth or retirement portfolio value?
Do you own or rent (renters are subject to greater inflation risk than home owners?)
by CaliJim
Thu Jun 21, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: Am I wasting money on my old car?
Replies: 8
Views: 505

Re: Am I wasting money on my old car?

It's up to you. It's not the miles. A well maintained and carefully driven Corolla will easily go 200,000+ miles. It's the age (and lack of safety features too). Rubber and plastic things break down after 10 years... 20+ years is a long time. It is likely that your car is of an age where it is likel...
by CaliJim
Thu Jun 21, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 50
Views: 4193

Re: Can you retire on $2M?

OP You may benefit by doing a little bit of reading about Safe Withdrawal Rates. Wade Pfau has recently published several academic papers updating previous thinking on this subject. Look into his writings, and also read the wiki page here: https://www.bogleheads.org/wiki/Safe_withdrawal_rates Curren...
by CaliJim
Wed Jun 13, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 16090

Re: Should I take possession of a certified mail?

Sound to me like he owes somebody some money in a bad way. Possibly has a drug problem (accounting for his emotional volatility)? Anyhow, a guy like this is nothing but trouble. What would you spend to consult with a lawyer for an hour in your area? Give him this amount in exchange for him signing a...
by CaliJim
Wed Jun 13, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5069

Re: Rowing machine motivation

Getting started on a regular exercise routine can be HARD. The first few weeks/months especially as you build/rebuild fitness. Visit the Concept 2 forums. Many folks in your similar situation will share advice on how they train. Focus on a slower stroke rate and stronger stroke. Keep your rate below...
by CaliJim
Tue Jun 12, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 6983

Re: Boring Job

You are not stuck. It's just where you are now. Very common to feel this way, especially early on in a career. Put your ambition to work in positive ways and keep it simple. Keep gaining skills. (Take classes an night and do homework in your spare time. Seek OJT opportunities at current job.) Build ...
by CaliJim
Tue Jun 12, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5388

Re: Strategy for a prolonged bear market

In an extended bear, an 'age in bonds' type AA glide path will reduce the amount by which one sells bonds to 'catch a falling knife'. To explain a bit more: I take math and rebalancing (annually or per bands) as a given. AA and Risk Tolerance are open to more debate. Rebalancing an 80/20 portfolio ...
by CaliJim
Mon Jun 11, 2018 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Strategy for a prolonged bear market
Replies: 65
Views: 5388

Re: Strategy for a prolonged bear market

In an extended bear, an 'age in bonds' type AA glide path will reduce the amount by which one sells bonds to 'catch a falling knife'. Starting with a healthy dose of bonds is good. Always try to have at least $10m or $15m in bonds as insurance. :? More seriously, build in a higher margin of safety i...
by CaliJim
Mon Apr 30, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 7018

Re: How would you handle a request for money from a niece?

Good on you for the tough love. I think your instincts are correct ... she is not making good frugal financial decisions. Sometimes poverty is not caused by poor decision making and poor character... and it is just circumstances outside of ones own control. In cases such as this, charity and generos...
by CaliJim
Sat Apr 07, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2940

Re: WF Visa 3% FX fee

I called WF and added a PIN to my already chipped credit card. OK I'm happy. Chip and Pin here I come. I'm all set. Please note that adding a PIN to a US card does not make it into a chip-and-PIN card. If the card is chip-and-signature in the US (which most are), it will remain chip-and-signature o...
by CaliJim
Fri Apr 06, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Large Single Stock Position - Can't Sell - Retirement Account
Replies: 45
Views: 3278

Re: Large Single Stock Position - Can't Sell - Retirement Account

IMHO: include in equity portion of overall AA increase expected risk iof equities (std deviation) when doing scenario/mote carlo planning. decrease stock to bond ratio to compensate for increased risk consider selling portion to bring the single stock allocation down from 10% NW to <5%. (ie: manage ...
by CaliJim
Fri Apr 06, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: What Did I Just Do? (Possible Scam)
Replies: 13
Views: 3162

Re: What Did I Just Do? (Possible Scam)

call the phone number on the back of your CC and discuss with their customer service/fraud folks
by CaliJim
Fri Apr 06, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2940

Re: WF Visa 3% FX fee

lots of good actionable info in the replies. thanks all it turns out that the one other CC card I already have (an airline Visa that I got for the companion fare, and have used precisely once ) is FTF free. yeah. i'm all set. for those of you taking huge advantage of the CC rewards programs....good ...
by CaliJim
Fri Apr 06, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2940

Re: WF Visa 3% FX fee

oldcomputerguy wrote:
Thu Apr 05, 2018 7:34 am
ivk5 wrote:
Thu Apr 05, 2018 6:19 am
^ this sums it up. The reference in OP to "buying" a CC makes no sense to me.
It does make sense when you discover that the article to which OP links only lists credit cards that have annual fees.
yes.
annual fee=buying card. (more like renting!)
that is what i meant
by CaliJim
Thu Apr 05, 2018 12:56 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2940

Re: WF Visa 3% FX fee

got it. I guess I'll look into getting another card. ugh
by CaliJim
Wed Apr 04, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2940

[Wells Fargo Visa 3% Foreign Exchange fee]

Hi, Me and my credit card are going on a trip overseas in May. And I don't travel overseas a lot so I need to ask you all about this. I called WF and added a PIN to my already chipped credit card. OK I'm happy. Chip and Pin here I come. I'm all set. Then the banker says: BTW - you have a 3% FX fee o...
by CaliJim
Tue Mar 27, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 3844

Re: Los Angeles Condo Purchase Advice

Congrats. Her parents like you. Do it.
by CaliJim
Fri Mar 23, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11765

Re: Underrated places to visit in U.S.?

The 48 states north and west of California are well worth a visit. California is too crowded. Nobody goes there anymore.
by CaliJim
Fri Mar 23, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant mistake? Foreign Tax Carryover
Replies: 2
Views: 295

Re: Accountant mistake? Foreign Tax Carryover

I checked my 2016 and earlier returns prepared by an accountant. In all those years, he had listed carryover FTC numbers at the end of the Fed return printout he gave me, but there was no entry on line 10, Form 1116 and AMT 1116. Why he did not use CO, which I think might have given me a bigger ref...
by CaliJim
Thu Mar 15, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: Tips on saving on living expenses for a first time single householder
Replies: 46
Views: 3205

Re: Tips on saving on living expenses for a first time single householder

Get your quiet time entertainment for free from your local library. Grow tomatoes and zucchini in the garden or in pots on the patio. Not to save money necessarily but to establish the habit of taking joy in living simply. Food prep. In addition to learning to cook as others have said, buying chicke...
by CaliJim
Thu Mar 15, 2018 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Pay capital gains for house downpayment?
Replies: 10
Views: 847

Re: Pay capital gains for house downpayment?

I don't think a $6k tax hit is too big a price to pay for a new home. Also...do look into withdrawing from the IRA. I *think* I read that down payment on a first house qualifies for a penalty free withdrawal from an IRA. But you may need to pay income tax on the withdrawal... check the IRS bulletins...
by CaliJim
Wed Mar 14, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: Hashgraph
Replies: 2
Views: 608

Re: Hashgraph

I took a quick look. I'm not impressed. One: I DONT WANT EVERY COMPUTER IN THE NETWORK TO KEEP A LEDGER WITH MY TRANSACTIONS IN IT. Even if it is pseudo-anonymous or anonymous. I like the type of money where I can give you money, and you give me the car/bike/flower/hamburger/service..whatever.... an...
by CaliJim
Wed Mar 14, 2018 12:16 am
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 59
Views: 4717

Re: Men's Cologne

I prefer a little gasoline splashed on my shoes, a dash of saw dust under the arms, and a little grease under the nails.

*That's* manly!
by CaliJim
Fri Mar 09, 2018 12:45 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 9367

Re: Can I take an 85+% pay cut for fun?

Also, kids, their college education, and helping them get started as adults can be very expensive. $500k to $700k of your savings might need to go towards the kiddy tax, With median household income bring $59,000 a year, I'm pretty sure most people aren't spending 10-15 years of their pre-tax incom...
by CaliJim
Thu Mar 08, 2018 11:40 pm
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 9367

Re: Can I take an 85+% pay cut for fun?

Sounds a little like mid-life crisis. I always advise against dealing with an emotional crisis by making huge life changing decisions that affect not only your self, but spouses and young children. Also, kids, their college education, and helping them get started as adults can be very expensive. %50...
by CaliJim
Thu Mar 01, 2018 11:11 pm
Forum: Investing - Help with Personal Investments
Topic: I need to file a complaint [Newport taken over 403b at Vanguard]
Replies: 11
Views: 2405

Re: I need to file a complaint

Not much use complaining to fellows like me. I feel your pain but can't do nothing about it other than say this: I suggest you write a polite, clear, and clearly upset, email to Vanguard board level corporate governance staff. I found this email when looking for "vanguard corporate governance": Inve...
by CaliJim
Wed Feb 21, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Recessed 4 inch LEDs: Recommended brands
Replies: 25
Views: 1394

Re: Recessed 4 inch LEDs: Recommended brands

i have many dozens of the Halo RA4 floods and spots in my 1.5 year old home, both inside and out. They are all working very well. Don’t be afraid to go with the 3000k units. They are not too cold. Lutron Maestro dimmers. No flicker.
by CaliJim
Wed Feb 21, 2018 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Understanding 2017 ACA Insurance >> Alternative to ACA until age 65 >>Possible Solutions??
Replies: 115
Views: 8479

Re: Need Help Understanding 2017 ACA Insurance Bill for $28,690 and tax liabilities? Confused? Help?

All I can say is: I feel your pain. Medical insurance costs are THROUGH THE ROOF for individual/family coverage. I agree that the income cut-offs don't make sense; there perhaps should be a more progressive ramp between subsidized and non-subsidized costs... but there isn't... and we can't talk poli...
by CaliJim
Mon Feb 05, 2018 10:43 pm
Forum: Personal Consumer Issues
Topic: My Mac Pro has gotten gigantically slow online: meltdown $ spectre?
Replies: 19
Views: 2383

Re: My Mac Pro has gotten gigantically slow online: meltdown $ spectre?

What I'd do.... reboot everything in a controlled way: Step one: Turn OFF every computer/smart phone/tablet/smart tv etc in the house, then restart just the cable/DSL modem, wait a bit, the restart the lan router/access point, wait, then restart the Mac Pro. Step two: Test speed of Mac (google speed...
by CaliJim
Mon Feb 05, 2018 10:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1434677

Re: U.S. stocks in freefall

My gut feelings: Working folks should continue investing in a disciplined way through thick and thin as before, buying in accordance with their target asset allocation. And folks should perhaps be patient with regard to rebalancing and TLH opportunities in case the market continues to correct, which...
by CaliJim
Thu Jan 25, 2018 3:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4942

Re: Happy Birthday, Taylor!

Happy Birthday! Keep on keeping on.
Image
by CaliJim
Wed Jan 17, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: AJ Madison?
Replies: 11
Views: 1265

Re: AJ Madison?

I bought all the appliances (kitchen & laundry) for a new house from them on Black Friday 2 years ago. Very happy. Saved a Bundle.
by CaliJim
Tue Jan 09, 2018 12:55 am
Forum: Investing - Help with Personal Investments
Topic: Do I need $$ in taxable?
Replies: 26
Views: 4393

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 CaliJim
Fri Jan 05, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Current BH Thinking On Bonds in Tax-Deferred Account
Replies: 1
Views: 365

Re: Current BH Thinking On Bonds in Tax-Deferred Account

i've had both intermediate tips and total bond fund in tax advantaged. but not so much in tips now. i wish i had loaded up on tips when the real rates were high... but i missed that boat. now i think the inflation protection premium charged for tips is too high. and i dont have sooo much $ that infl...
by CaliJim
Fri Jan 05, 2018 1:29 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need $$ in taxable?
Replies: 26
Views: 4393

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? Example: Imagine that I have $0. in taxable. All assets are in tIRA accounts. So any money withdrawn from t...
by CaliJim
Fri Jan 05, 2018 2:10 am
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 28
Views: 4336

Re: Marijuana stocks

The DOJ just decided to give US Attorneys the opportunity to prosecute, pretty much at will. This is a change from the continuation of the Obama administration hands off policy which DOJ had been operating under until today. I'm not sure what the impact will be in states where it is legal. Regardle...
by CaliJim
Fri Jan 05, 2018 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Do I need $$ in taxable?
Replies: 26
Views: 4393

Re: Do I need $$ in taxable?

what you are missing is actual numbers... amount in taxable,tIRA, R-IRA capital gain amounts taxable NQ dividend income annual expenses ... as i understand it...which isn't “deeply”, and i didn't quite get your situation: roth conversions are great when done in low tax brackets. so just plan on revi...
by CaliJim
Fri Jan 05, 2018 1:43 am
Forum: Investing - Help with Personal Investments
Topic: Pay Down Rental or Save for Down Payment?
Replies: 5
Views: 595

Re: Pay Down Rental or Save for Down Payment?

1) increase emergency fund to 6 or more months of living expenses. stuff happens. 2) imho...since the rental is positive cash flow, the leverage is working in your favor. keep the cash and don't pay down that debt, but do plan for maintenance and repairs. 3) anything left over...save for early retir...
by CaliJim
Fri Jan 05, 2018 1:12 am
Forum: Investing - Theory, News & General
Topic: Does all net income that doesn’t get paid out as a dividend add to a company’s equity?
Replies: 9
Views: 946

Re: Does all net income that doesn’t get paid out as a dividend add to a company’s equity?

I used to think that 100% of a company’s net income would either get paid out as dividends or add to a company’s retained earnings but I’ve realized that, in a lot of cases, some of a company’s net income just seems to disappear. Where does this additional net income go? Would paying off debt with ...
by CaliJim
Wed Jan 03, 2018 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Resources to teach children about economics, investing, building a work ethic
Replies: 2
Views: 342

Re: Resources to teach children about economics, investing, building a work ethic

Can anyone suggest some resources to teach my elementary school grandchildren about economics, investments, setting monetary goals, retirement, work ethic, etc. hire them to do some work for you that you are “too old” to do yourself, then talk to them about what they want to spend their earnings on...
by CaliJim
Wed Jan 03, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Which bucket to fill next with bonds? (Quickie, I hope!)
Replies: 19
Views: 1930

Re: Which bucket to fill next with bonds? (Quickie, I hope!)

btw... if you are eligable to contribute to the roth... by all means... do so before investing in taxable

bonds in roth are fine.
by CaliJim
Wed Jan 03, 2018 12:23 am
Forum: Investing - Help with Personal Investments
Topic: Which bucket to fill next with bonds? (Quickie, I hope!)
Replies: 19
Views: 1930

Re: Which bucket to fill next with bonds? (Quickie, I hope!)

Thanks, CaliJim. But note that I don't have any stocks in tax advantaged/401K. So...still curious to know which bucket to start filling next with Total Bond: taxable or Roth? generally: better to favor stocks in taxable and bonds in tax-advantaged accounts. but it is ok to have both in tax advantag...
by CaliJim
Wed Jan 03, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: Backtesting is scary!
Replies: 10
Views: 1342

Re: Backtesting is scary!

0.3 is not a lot to pay for hand holding and may be worth it if you predecease you spouse ans said spouse is not financially savy

that said..20% total stock market, 60% total bond market, and 20% CDs should give a pretty smooth ride and is easy to set up and maintain.
by CaliJim
Tue Jan 02, 2018 11:59 pm
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 10606

Re: Effects of extreme cold weather

(meh...CA’s too crowded, so nobody goes there anymore. stay where you are. :twisted: )
by CaliJim
Tue Jan 02, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Which bucket to fill next with bonds? (Quickie, I hope!)
Replies: 19
Views: 1930

Re: Which bucket to fill next with bonds? (Quickie, I hope!)

generally: better to favor stocks in taxable and bonds in tax-advantaged accounts. but it is ok to have both in tax advantaged accounts. muni bonds in taxable are ok too. so.. sell some stocks in tax advantage/401k, then buy some stocks in taxable and buy bonds in tax advantaged see also: https://ww...
by CaliJim
Tue Jan 02, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: Annoying/Loud Sidewall Power Venter
Replies: 6
Views: 544

Re: Annoying/Loud Sidewall Power Venter

re Noise: unplug, open the thing up, clean it and lube it. if that doesn't fix it, replace it. both replacement wheels and wheel and motor kits are available on amazon. re cycling: as above... leaky house, window open, poor insulation? also, bad thermostat maybe. https://images-na.ssl-images-amazon....
by CaliJim
Thu Dec 28, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: LifeStrategy Income Fund - Only 20% stocks?
Replies: 20
Views: 2421

Re: LifeStrategy Income Fund - Only 20% stocks?

Jeesh.....100% Intermediate term bonds will likely keep up with normal levels of inflation, as long as your not spending much of it! I'm just a few years older, have made my number, and feel comfortable with a 45/55 split. IMHO: Strategic Income Conservative Growth Fund would be good for you too...p...