Search found 1126 matches

by DTSC
Thu Apr 20, 2017 1:00 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 303
Views: 27066

Re: Larry Swedroe says "Goodby."

Thank you for all you've done here. I will miss your contributions. Happy Retirement!
by DTSC
Sat Apr 15, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: How does family of 4 spend $1,500/mo on groceries?
Replies: 25
Views: 1804

Re: How does family of 4 spend $1,500/mo on groceries?

Our family of 2 adults and 3 children spends between $500-$600 per month. However, if we shopped a Whole Foods (which is actually the grocery store closest to our home) we could easily spend $1,500 per month. I suspect they by a lot of name brand prepared foods. Maybe a lot of "organic" fo...
by DTSC
Sat Apr 15, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: It's not too late to make a last-minute T-IRA contribution via Vanguard.com, right?
Replies: 11
Views: 610

Re: It's not too late to make a last-minute T-IRA contribution via Vanguard.com, right?

You might have better luck if you go to a local brick-and-mortar bank and open an IRA *right now*
by DTSC
Thu Apr 13, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Where Do I Find a Financial Advisor?
Replies: 4
Views: 394

Re: Where Do I Find a Financial Advisor?

A better question is: Do I need a financial advisor?

Many Bogleheads here are DIYer's. Why don't you submit your portfolio questions here?
by DTSC
Thu Apr 13, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Please help me understand IRA
Replies: 8
Views: 619

Re: Please help me understand IRA

If the tax program says you can make a traditional IRA contribution, but it would not reduce your taxes, it most likely means your income is too high, especially if you contribute to a retirement plan at work see: https://www.irs.gov/retirement-plans/plan-participant-employee/2016-ira-contribution-...
by DTSC
Wed Apr 12, 2017 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me understand IRA
Replies: 8
Views: 619

Re: Please help me understand IRA

If the tax program says you can make a traditional IRA contribution, but it would not reduce your taxes, it most likely means your income is too high, especially if you contribute to a retirement plan at work see: https://www.irs.gov/retirement-plans/plan-participant-employee/2016-ira-contribution-a...
by DTSC
Thu Apr 06, 2017 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 6835

Re: Secretly entered two comma club

Congrats on 2 comma and 2 kids! I am forever indebted to you as you helped me out as a newbie 9 years ago. Can I now give you a little suggestion? Don't watch your money so tightly! You are young (OK, at least your wife is young enough to reproduce) and you already have enough assets that many would...
by DTSC
Mon Mar 20, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: How to find and interview my new Advisor ?
Replies: 15
Views: 1112

Re: How to find and interview my new Advisor ?

How to find your new advisor?

Look in the mirror!
by DTSC
Wed Mar 08, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: How to Die
Replies: 167
Views: 23356

Re: How to Die

This may not come up often in the ER, but the issue of feeding tubes is one that can tear up families. Dementia and stroke patients sometimes forget how to swallow. If fed by hand, they tend to aspirate food, which can cause pneumonia. Should they have a tube? It could prolong life for a significan...
by DTSC
Thu Mar 02, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 16213

Re: Possibly Financially Independent and Feeling Miserable

I know that your question was about worrying less. But I am about to propose you worry a bit more. You have now mentioned that you would like to retire very early. I think you need to spend more time considering health insurance. Before the ACA, converting my employer health insurance policy into a...
by DTSC
Wed Mar 01, 2017 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 16213

Re: Possibly Financially Independent and Feeling Miserable

I simply cannot stop thinking about money, about our savings rate, about whether we have enough, about what else I could be doing better, and so on. I can't tell you how many times I spend each day--whether at work or at home--on a calculator, constantly dividing arbitrary numbers into our net wort...
by DTSC
Tue Feb 28, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with my Savings?
Replies: 13
Views: 2186

Re: What to do with my Savings?

any more suggestions guys? In addition to reading "If You Can" by William Bernstein, young people should read Mr. Money Mustache. You should read about his extreme early retirement strategies (he retired at 31). Even if you follow him just halfway, it could mean that you can retire in you...
by DTSC
Mon Feb 27, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k options - available investments
Replies: 10
Views: 819

Re: Solo 401k options - available investments

In case you didn't notice the last bullet from my previous post, I will repeat it. Fidelity normally requires check for contribution, but you can open cash management account, do ACH there, then call and do contribution by phone. No direct online contribution. Thanks for the tip! I'll do that and s...
by DTSC
Mon Feb 27, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Solo 401k options - available investments
Replies: 10
Views: 819

Re: Solo 401k options - available investments

My wife and I both use Fidelity for our solo 401K because they allow rollovers into the plan (so we can do backdoor Roth's) We are very happy with the customer service. The only downside is that we have to mail in a paper check to fund the account (no electronic transfers) but it's not a huge deal t...
by DTSC
Wed Feb 22, 2017 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement savings: Lots of $, job prospects weak
Replies: 36
Views: 4212

Re: Retirement savings: Lots of $, job prospects weak

You have enough to retire if you live frugally!

Check out Mr. Money Moustache's blog. http://www.mrmoneymustache.com/
by DTSC
Tue Feb 21, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: How to stop AMEX card offers being mailed to me?
Replies: 11
Views: 1028

Re: How to stop AMEX card offers being mailed to me?

If you travel or want to travel, this is a great credit card to get points for airfare. Getting credit card sign up bonuses to redeem for airline and hotel points is known to some as "travel hacking" or "miles and points" hobby. This "hobby" has allowed my family to get...
by DTSC
Tue Feb 21, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Garage Floor Covering - Need Advice
Replies: 20
Views: 1343

Re: Garage Floor Covering - Need Advice

I covered our garage floor with an epoxy sealant. It has been six years now, and the floor is still in great shape with no chips, cracks, or peeling. We live in a fairly harsh climate with lots of snow, salt, gravel and road grime. When I spray out the garage once a year, it looks like "new&qu...
by DTSC
Sat Feb 18, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1797

Re: Induction cooktop impressions?

One negative is that our electric bill did go up substantially, maybe $30 per month. We switch from the gas range in the oven to electric induction and electric oven. In our region (Chicagoland) gas is definitely cheaper then electricity Interesting. We're starting from a traditional (Calrod resist...
by DTSC
Sat Feb 18, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1797

Re: Induction cooktop impressions?

One negative is that our electric bill did go up substantially, maybe $30 per month. We switch from the gas range in the oven to electric induction and electric oven. In our region (Chicagoland) gas is definitely cheaper then electricity
by DTSC
Sat Feb 18, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1797

Re: Induction cooktop impressions?

TheTimeLord wrote:Really want want. Still trying to convince my DW.


Buy a counter top one and try it out!
by DTSC
Sat Feb 18, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: Induction cooktop impressions?
Replies: 31
Views: 1797

Re: Induction cooktop impressions?

We have a 4 burner Whirlpool induction range with a double oven and absolutely love it. Very easy clean up with a smooth glass top It is wicked fast; we can boil 2 quarts of tap water in about 2 minutes. If you currently have a gas range, you might need to get an electrician to put in a 220V outlet....
by DTSC
Fri Feb 10, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Why do you go to restaurants?
Replies: 229
Views: 16389

Re: Why do you go to restaurants?

I go because I enjoy good food and it's fun!

I also go to eat foods which I don't know how to make (such as ethnic foods) or foods which are too much of a hassle to make at home (such as deep fried foods).
by DTSC
Thu Feb 09, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle overcontributing to Solo 401K?
Replies: 17
Views: 986

Re: How to handle overcontributing to Solo 401K?

For some reason, the system won't let me send a PM - it remains stuck in the outbox. Anyway, the letter they instructed me to write looks something like this: RE: PROFIT SHARING KEOGH ACCOUNT XXXXX Fidelity Investments Attn: Retirement Distributions PO Box 770001 Cincinnati, OH 45277-0035 January 21...
by DTSC
Thu Feb 09, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle overcontributing to Solo 401K?
Replies: 17
Views: 986

Re: How to handle overcontributing to Solo 401K?

I did this same thing. I just called up Fidelity and they helped me through it. Basically, you have to ask them to calculate the excess amount and also the associated losses/gains since you made the contribution. You then have to send them a letter requesting that they made a distribution. The lette...
by DTSC
Sat Feb 04, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401(k) purely to receive rollovers?
Replies: 21
Views: 1608

Re: Solo 401(k) purely to receive rollovers?

I don't know about the legal nuances, but here's what I did: 1. I sold some old stuff on Ebay and made some money (~$100) from it 2. I opened a solo 401K with Fidelity (they actually call it a Keogh plan) 3. I rolled over all of my old IRA's into the plan which Fidelity (but not Vanguard) allows 4. ...
by DTSC
Thu Feb 02, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Computer for elder novice
Replies: 36
Views: 1308

Re: Computer for elder novice

An iPad is best if you don't want to do tech support

You can attach a Bluetooth keyboard.
by DTSC
Sat Jan 28, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan for unborn child
Replies: 22
Views: 1818

Re: 529 plan for unborn child

I live in Illinois and I use the Bright Start Savings Plan. It is fine as long as you use the index options. You also get a state tax deduction. Each parent can contribute $10,000 per year, so you get $375 per parent if you contribute the maximum amount. You might have heard bad things about the pre...
by DTSC
Mon Jan 23, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Recommenations for Travel 220 to 110V transformer
Replies: 11
Views: 466

Re: Recommenations for Travel 220 to 110V transformer

I didn't know that iPad chargers work at 220V. This will save me some money! A big thank you to all!
by DTSC
Mon Jan 23, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Recommenations for Travel 220 to 110V transformer
Replies: 11
Views: 466

Recommenations for Travel 220 to 110V transformer

We are planning a trip to Europe (specifically Norway) in March. I would appreciate advice on what type of transformer to buy for the trip. We will use mainly to charge iPad and iPhones. Maybe a laptop. Thanks in advance.
by DTSC
Tue Dec 27, 2016 3:22 pm
Forum: Personal Consumer Issues
Topic: Amish furniture maker recommendation
Replies: 35
Views: 12068

Re: Amish furniture maker recommendation

Based on my experience shopping for Amish fury, I would disagree. There might be a corporate front dealing with the public ( since the Amish would not have internet) but the hands on work is done by an Amish carpenter. I have spoken to a couple companies iin Illinois who told me straight up that the...
by DTSC
Sat Dec 24, 2016 9:27 am
Forum: Investing - Help with Personal Investments
Topic: 17 years wasted. Want to do it myself now. Advice, please.
Replies: 57
Views: 9260

Re: 17 years wasted. Want to do it myself now. Advice, please.

Writing to give you some encouragement. I was not in a much different situation with financial planners not that long ago. All is not lost! You already did the most important thing, which is SAVING MONEY! You are fortunate to have found this forum. Just follow the advice here and you'll do just fine...
by DTSC
Wed Dec 21, 2016 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7518

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Absolutely worth it. Nothing better than making money for sitting on my a$$.

I did this earlier this year. After 6 months, I move the $15,000 to Citibank and got another $400.
by DTSC
Wed Dec 21, 2016 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1599

Re: Amex preferred rewards gold card bonus

am wrote:So how much are the 50000 points worth? 500 dollars or 250 dollars for statement credit or more for travel?


It depends on how you redeem them. 1 point = 0.5-1 cent.

See https://www.nerdwallet.com/blog/reward- ... p-rewards/
by DTSC
Tue Dec 20, 2016 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1599

Re: Amex preferred rewards gold card bonus

If you are new to travel hacking, you might want to check out this site. http://millionmilesecrets.com/new-to-miles-points-start-here/ We paid only taxes on the last 30 round trip flights my family has taken. We did not have to pay for the last 30 hotel nights either. Basically, we get 10-15% back i...
by DTSC
Tue Dec 20, 2016 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1599

Re: Amex preferred rewards gold card bonus

You can use the points to pay your Amex bill, or buy gift cards, or book travel. This is a great deal, especially if the first year of annual fee is waived Thanks. There is a 100 dollar airline credit for non ticket items and a 75 dollar hotel credit. Do you know how that works? Also I read that yo...
by DTSC
Tue Dec 20, 2016 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Amex preferred rewards gold card bonus
Replies: 12
Views: 1599

Re: Amex preferred rewards gold card bonus

You can use the points to pay your Amex bill, or buy gift cards, or book travel. This is a great deal, especially if the first year of annual fee is waived
by DTSC
Tue Dec 13, 2016 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Book suggestions for financially clueless mother in law
Replies: 11
Views: 1005

Re: Book suggestions for financially clueless mother in law

You can't help someone who doesn't want to be helped. Don't even try. You're wasting your time. A book, any book, would just gather dust.
by DTSC
Sun Dec 11, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: Recs for blood pressure monitor for home use please
Replies: 16
Views: 1671

Re: Recs for blood pressure monitor for home use please

As a practicing internist, I've always found that machines which check the upper arm rather than the wrist/forearm to give much more accurate and precise results. Just my experience though...
by DTSC
Thu Dec 01, 2016 10:00 pm
Forum: Personal Consumer Issues
Topic: 2 Gifts each under $50
Replies: 23
Views: 3296

Re: 2 Gifts each under $50

123 wrote:Be a little religious - give a Bogleheads Book https://www.amazon.com/Bogleheads-Guide ... bogleheads.


+1!
by DTSC
Sat Nov 26, 2016 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Which Credit card for a large one-time expense?
Replies: 50
Views: 5667

Re: Which Credit card for a large one-time expense?

The question should be: Which credit *CARDS* for a large one-time expense? $8000 should be enough spending to meet the minimum spend on 3, if not 4 (and sometimes up to 8) travel or hotel credit cards. Your bonus points earned can be equal to as much as 25% cash back. Why settle for a piddly 1-2% ca...
by DTSC
Mon Nov 14, 2016 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5409

Re: Age 92 Dad Wants to Boost stocks

The ones you are seeing in the ER are obviously not healthy, so your experience might be biased by that. As you know, a UTI can make the most competent 92 year old completely delirious, even if they are health enough to manage their finances and play 3 rounds of golf per week. Undoubtedly. I also s...
by DTSC
Mon Nov 14, 2016 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5409

Re: Age 92 Dad Wants to Boost stocks

There a very few 92 year olds competent enough to decide on their own asset allocation (Taylor Larimore is one of them obviously.) Make sure your dad is one of them before you let him monkey around with stuff like that. very few 92 year olds Very few? Care to put a number on that? 10%, 20%, 30%, 40...
by DTSC
Sun Oct 30, 2016 7:35 pm
Forum: Personal Consumer Issues
Topic: Printer/Copier recommendation for home use
Replies: 18
Views: 1490

Re: Printer/Copier recommendation for home use

I've had the best luck with Brother machines-----inexpensive to buy, inexpensive cartridges, simple to operate----and when it no longer works, throw it out and buy another. +1 for Brother B&W laser printers. Cartridges generally <$25. Not having to deal with ink jet cartridges is really a luxury.
by DTSC
Fri Oct 21, 2016 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Transitioning from Military
Replies: 21
Views: 2300

Re: Transitioning from Military

Thank you for your service.

You might want to check out this website - blogs by an early retired Navy officer, Doug Nordman

http://the-military-guide.com/
by DTSC
Wed Oct 19, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: Massage Chair
Replies: 8
Views: 1007

Re: Massage Chair

I bought this exact one about 6 months ago. I'm using it almost every day. Very happy with it. The price has dropped to as low as $600 with free shipping. I've used $4000 ones before and this one compares well. Certainly the more expensive ones weren't 5 times better. http://www.ebay.com/itm/3909857...
by DTSC
Wed Oct 19, 2016 8:47 am
Forum: Investing - Help with Personal Investments
Topic: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?
Replies: 15
Views: 2664

Re: New military officer. $50,000 yearly salary with no debt, no dependents, and $500 a month overhead. Thoughts?

Thank you for your service.

Here's a website by a retired military officer who writes about financial independence and early retirement.

http://the-military-guide.com/
by DTSC
Fri Oct 14, 2016 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Getting out of my baby work shower
Replies: 22
Views: 2484

Re: Getting out of my baby work shower

Make sure your wife attends. It's all about her anyhow. It'll take a lot of heat off you as well.
by DTSC
Fri Oct 14, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads use Robo Advisors?
Replies: 39
Views: 4261

Re: Do Bogleheads use Robo Advisors?

Nope. Why even pay that 0.25% when you can do it yourself?
by DTSC
Fri Oct 14, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Getting out of my baby work shower
Replies: 22
Views: 2484

Re: Getting out of my baby work shower

Tell they you've got everything from relatives already. Tell them to donate goods/money to a child-oriented charity on your behalf.

Go to advanced search