Search found 1391 matches

by Da5id
Tue Oct 17, 2017 7:37 am
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 27
Views: 2761

Re: Roth as good as you think?

Personally, I am not comfortable assuming the tax code and tax laws will be substantially like they are now decades down the road, thus I like to have some of both traditional and Roth. I agree with that. The further out you go, the fuzzier the crystal ball gets. The rules for Roths could change. T...
by Da5id
Mon Oct 16, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: UTMA accounts
Replies: 17
Views: 509

Re: UTMA accounts

Some years ago I populated some UTMA accounts for my kids. At the time it seemed like the right thing to do. However, as they get older I worry about whether they are mature enough to manage that money once they turn 18. In retrospect I think having the accounts turn over at 21 or upon graduation f...
by Da5id
Sun Oct 15, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46043

Re: Quicken's future direction - a cause for concern

The transition to a SaaS subscription model for software like this is unstoppable. I suppose. I pay for some software/services as a subscription, like the lamentably dying home version of Crash Plan. But I'm also still using Office 2010, which I bought 2 desktops ago and have transferred as I've go...
by Da5id
Fri Oct 13, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA costs arrived
Replies: 86
Views: 9258

Re: 2018 ACA costs arrived

My work coverage has generally gone up a fair bit less than 10% per year. But that is for premiums. It really is hard to compare year to year as the plans often change some. And there are subtle losses, like we get some fixed amount of money put in our HSAs. But the amount hasn't changed in years, s...
by Da5id
Fri Oct 13, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: [Social Security announces 2.0% benefit increase for 2018]
Replies: 26
Views: 3196

Re: Social Security announces 2.0% benefit increase for 2018

Interesting. Wonder if 401k/HSA contribution limits will go up as well?
by Da5id
Fri Oct 13, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Boston area Relocation...major decision points
Replies: 34
Views: 2779

Re: Boston area Relocation...major decision points

I would explore living in Winchester. It is a beautiful little town just south of Woburn. It is nicer than Woburn, a little closer to Boston, and with a Commuter Rail station that will allow you to take the train into Boston if you wish. Winchester is definitely nice but upscale, as is Lexington wh...
by Da5id
Fri Oct 06, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: 45% Down Payment vs. High Mortgage (Massachuestts)
Replies: 17
Views: 1532

Re: 45% Down Payment vs. High Mortgage (Massachuestts)

I live in an expensive town in metrowest Boston. 3 bedroom here is generally 700K and up, with not lots of land to boot. But even in cheaper towns between here and NH, as said in thread, 200K likely won't cut it. Given that your horizon is 3 years, why push it? Rent with a short commute to work. Com...
by Da5id
Thu Oct 05, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3208

Re: Throwing Down with a Primerica Advisor

A few relevant quotes on why you shouldn't engage with her: "The only winning move is not to play" "It is difficult to get a man to understand something, when his salary depends upon his not understanding it" Identifying something that beats TSM in retrospect is trivial. Identifying something that b...
by Da5id
Wed Oct 04, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9134

Re: Senior citizens can lose everything [to professional guardians via court rulings]

Guardianships are a last resort. While the procedures vary from state to state, they're generally cumbersome. If the family cooperates, one or more family members can be the guardian(s), in which case it will be a bit of a nuisance but not the disaster as in the articles. While (as has been discuss...
by Da5id
Wed Oct 04, 2017 8:06 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391257

Re: What's Your Credit Card Rewards Strategy?

Does anyone know if any department stores sell Amazon gift cards? I have missed most of the 3Q2017 Chase Freedom 5x rewards and was hoping to pick up some this quarter. Victoria Amazon has a list here: https://www.amazon.com/b/?node=13582391011 Nothing looks like a department store to me. I was bum...
by Da5id
Wed Oct 04, 2017 8:01 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6407

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

Hypthothesis 2: You can withdraw 1% from S&P500 portfolio for 30 years and never run out of money. Can not be proven false by backtesting. But it can not be proven to be true. No No No! You are a heretic. The 4% rule is holy writ, a law of nature that can't under any circumstances be questioned or ...
by Da5id
Wed Oct 04, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Senior citizens can lose everything [to professional guardians via court rulings]
Replies: 111
Views: 9134

Re: Senior citizens can lose everything [to professional guardians via court rulings]

I haven't read the article or some of the posts, but I do want to state my experience which was that my family could not get a mentally ill relative declared incompetent. We got the state involved, doctors, attorneys, but it was to no avail. This was for someone who refused medical treatment for a ...
by Da5id
Fri Sep 29, 2017 8:04 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

10YearPlan wrote:
Fri Sep 29, 2017 7:58 am
I think the real question is whether Rolex-having Bogleheads count it as part of their Net Worth.
And what portion of a well diversified portfolio should be the Rolex asset class :)
by Da5id
Thu Sep 28, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

I have not been to to the Bogleheads board in awhile. I just checked in and what do I see? Another watch thread! 211 posts in three days. Why are people so passionate about this topic? --Gary You could check out the "do you brown-bag your lunch?" thread and see that our forum members appear to be p...
by Da5id
Thu Sep 28, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

I'm not trying to dress anything up, I'm stating a fact. And I didn't just walk in to any shop, buy any watch, and sell to anyone on the street. It's not that easy. But if you do your homework, you can come out ahead. No way you can replicate this with a Timex simply because there isn't a resale ma...
by Da5id
Thu Sep 28, 2017 1:43 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

I paid $7,500 for a Rolex 2 years ago, and sold it a year later at $8,300. That is something I would never have been able to do with a Timex. Why would you pay $20 for a Timex watch when you can get paid $800 to wear a Rolex? :oops: I'm in favor of those who want a Rolex and can afford it buying on...
by Da5id
Thu Sep 28, 2017 1:13 pm
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6407

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

I would put it more bluntly. This is kindergarten level stuff. It has been discussed over and over, it is nothing new, and if it really worked even half brain dead fund manager would implement it. Forget the Buy the Dip strategy. My strategy is to buy only Google (Alphabet) and Apple. Back testing ...
by Da5id
Thu Sep 28, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 32
Views: 3516

Re: I-Bonds?

I've always wondered how to go about buying paper bonds. Any info will be appreciated They stopped selling paper I-bonds 5-6 years ago. But paper bonds are all they give for tax refunds. The ways of the government are mysterious... All explained pretty well here: https://www.treasurydirect.gov/indi...
by Da5id
Thu Sep 28, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46043

Re: Quicken's future direction - a cause for concern

Mine updated flawlessly. Same here. Mine also updated flawlessly. My complaint was BEFORE the update they somehow disabled my old ID, and the update didn't come for a longish period of time (better part of a day). The Quicken rep acknowledge this had happened to quite a few people, and the huge que...
by Da5id
Thu Sep 28, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46043

Re: Quicken's future direction - a cause for concern

You need a new ID. It's simply a transition from the ID being used within Quicken formerly being hosted on Intuit.com, former owners of Quicken, to Quicken.com, the new owners of Quicken after it was sold. I understand that. I don't understand why they are claiming features that have been around fo...
by Da5id
Thu Sep 28, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

What was your point? Was that your point that watches are jewelry? If so, why did you bring up housing? The 100x IS important. Someone might actually spend $1.00 for a Coke in a cool-looking can over 50 cents for a Coke in a standard can. Very few people would spend $50 (100x as much) just for the ...
by Da5id
Thu Sep 28, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

You really don't see any other differences at all between a hovel and mansion? Roof over your head is the only variable? Your "Rolex==Timex" was putting function over form. Functionally both a hovel and a house get you out of the rain. I don't believe a hovel is the same as a mansion. I don't belie...
by Da5id
Thu Sep 28, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

You really don't see any other differences at all between a hovel and mansion? Roof over your head is the only variable? Your "Rolex==Timex" was putting function over form. Functionally both a hovel and a house get you out of the rain. I don't believe a hovel is the same as a mansion. I don't belie...
by Da5id
Thu Sep 28, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46043

Re: Quicken's future direction - a cause for concern

You need a new ID. It's simply a transition from the ID being used within Quicken formerly being hosted on Intuit.com, former owners of Quicken, to Quicken.com, the new owners of Quicken after it was sold. Yep. This has been yet another fiasco for them, seems like they really messed up the process....
by Da5id
Thu Sep 28, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

By this argument: A hovel is the same as a 3000 square foot house A twist tie around your finger is the same as a diamond ring A Yugo is the same as a Ferrari Kind of silly IMHO. Your analogies are not very good. The twist-tie compared to a diamond-ring works. But the others do not. I completely un...
by Da5id
Thu Sep 28, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

Let's take this thought exercise to its other extreme. HomerJ - I certainly hope your logic is consistent when it comes to your personal dwelling. You make a good point. Sure, I have spent money on a nice-looking granite countertop when a cheaper formica countertop would functionally be the same. B...
by Da5id
Thu Sep 28, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

A better analogy to the "Casio versus Rolex" debate wouldn't be paying $50 versus 50 cents for a "coke". It would be paying 50 cents for a "Coke" (brand name) versus paying 25 cents for Brand-x-Cola. Brand-x-Cola has the same amount of caffeine and sugar (and thirst-quenching capability) as Coke - ...
by Da5id
Thu Sep 28, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 32
Views: 3516

Re: I-Bonds?

Hi everyone. I'm pretty new here; have been lurking for the last month or so. Question: what are your current thoughts about buying I-Bonds, rather than alternatives such as Vanguard Total Bond Market, for the portion of an AA devoted to fixed income? Although the real rate of I-Bonds currently is ...
by Da5id
Thu Sep 28, 2017 8:45 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10987

Re: The Rolex and The Boglehead

I find these threads baffling. If ones savings rate is adequate to fund ones retirement, geez, who cares what is done with the remainder? I'd never buy a Rolex, I don't wear a watch at all as it happens. I don't have cable TV. But I'm happy to drop over 10K on a nice vacation. We all get to decide w...
by Da5id
Thu Sep 28, 2017 8:39 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12795

Re: Why do you LBYM? Why do you save and invest?

Well, now I invest and spend so I guess that was why we started out saving and investing. PS This has nothing to do with simple minded examples of saving a buck here and there on what one buys. I agree the MacDonalds thing is a bit of a red herring. I'd tend to notice such price disparities (if I w...
by Da5id
Fri Sep 22, 2017 8:27 am
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 32
Views: 3516

Re: I-Bonds?

I've been meaning to ask. Does it bother anybody that I-bonds are guaranteed to have a negative real return due to the eventual taxes that must be paid on the interest unless we have deflation so bad that 0% is a positive real return. On the other hand, TIPS funds purchased in a tax-protected accou...
by Da5id
Fri Sep 22, 2017 7:41 am
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 32
Views: 3516

Re: I-Bonds?

Hi everyone. I'm pretty new here; have been lurking for the last month or so. Question: what are your current thoughts about buying I-Bonds, rather than alternatives such as Vanguard Total Bond Market, for the portion of an AA devoted to fixed income? Although the real rate of I-Bonds currently is ...
by Da5id
Tue Sep 19, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Efficient Placement for Retirement Assets when Starting in 50s Following Major Loss
Replies: 10
Views: 957

Re: Tax Efficient Placement for Retirement Assets when Starting in 50s Following Major Loss

You might want to investigate whether he will have a bigger SS benefit based on your mother's work history, if she was the primary earner. And if her benefits are not bigger, he may be able to collect her SS at 60 as a survivor (provided not remarried) and delay his. Needs to crunch the numbers to ...
by Da5id
Mon Sep 18, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Who has needed to use their umbrella insurance?
Replies: 129
Views: 16614

Re: Who has needed to use their umbrella insurance?

StevieG72 wrote:
Sun Sep 17, 2017 8:17 am
I am still trying to figure out why people are insuring their umbrellas.
Haven't you seen the hurricanes? They can really do a number on your umbrella.
by Da5id
Mon Sep 18, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: math on determining rebalancing bands?
Replies: 6
Views: 454

Re: math on determining rebalancing bands?

A bit new to this - read The Boglehead's Guide to Investing and started investing in 2013. $1.5M in assets, three fund: 40% U.S. equities, 40% bonds, 20% international, 33 years old. In my IPS, I set rebalancing bands at an absolute 5%. Does that seem high? Now that I think back, I don't recall rea...
by Da5id
Thu Sep 14, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391257

Re: What's Your Credit Card Rewards Strategy?

Oddly enough, I had September marked as the time to get a new credit card months before the Equifax leak occurred. I have this nagging doubt my credit card application will be denied because the banks and credit agencies will be reluctant to issue out new credit at this time. Maybe. I imagine that ...
by Da5id
Thu Sep 14, 2017 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Money Market vs Capital One 360 Money Market
Replies: 4
Views: 448

Re: Vanguard Money Market vs Capital One 360 Money Market

dskillz1 wrote:
Thu Sep 14, 2017 12:38 pm
Good input guys. Anyone know if you can setup automatic transfers from checking account to Money Market account with Cap 1 360?
I don't know. I currently do manual transfers between the Cap One Money market and my real bank account.
by Da5id
Thu Sep 14, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Money Market vs Capital One 360 Money Market
Replies: 4
Views: 448

Re: Vanguard Money Market vs Capital One 360 Money Market

Currently it's not a huge deal either way and I would choose based on convenience, unless you're actually talking large sums of money, in which case you might want to consider short-term bonds as well if you're not saving up for an immediate large purchase. Yes. While I get into the Costs Matter th...
by Da5id
Thu Sep 14, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391257

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom Q4 is Walmart and Department Stores per this: https://www.doctorofcredit.com/chase-freedom-q4-categories-walmart-department-stores/ . Bit of a bummer for me, was hoping it would be warehouse stores as Costco is easier for me to max out. I don't like to push it at all to reach spending ...
by Da5id
Wed Sep 13, 2017 1:32 pm
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 7317

Re: What If U.S. Stocks Stay Expensive For Years?

Slothmeister wrote:
Wed Sep 13, 2017 1:22 pm
4% doesn't sound too good to me after expenses, taxes, and inflation.
It says "4% real", which means above inflation. Expenses should be a small issue (in index funds). Taxes are a real issue except in tax free accounts.
by Da5id
Mon Sep 11, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1768

Re: What index funds that will benefit from resent disasters

Hoping to capitalize on the misfortunes of others doesn't seem very ethical. No call to be judgmental. It isn't illegal, so the question seems fine to me. Moreover, it isn't to my mind in any way unethical. Buying all the plywood available and reselling for $100 for a sheet would be considered unet...
by Da5id
Mon Sep 11, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: What index funds that will benefit from resent disasters
Replies: 21
Views: 1768

Re: What index funds that will benefit from resent disasters

At a guess, building and building supplies will do well. Insurance badly. But why would you think index funds, which tend to be broader based, are a good way to try and profit from these events? And moreover, why would you think that any profit to be made from the hurricanes isn't already priced int...
by Da5id
Fri Sep 08, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46925

Re: Equifax customer information leak

triceratop wrote:
Fri Sep 08, 2017 9:49 am
Yes, the original Bloomberg reporting noted that this was outside of the schedule declared on any 10b5-1 filings.
Wow. This seems unusually dumb given how obvious and easy to discover the sale is. Can't go under the radar selling if you are an insider, it will be in an SEC filing.
by Da5id
Fri Sep 08, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46925

Re: Equifax customer information leak

So Equifax is saying that their executives were not aware of the breach when the executives sold their stock. In other words, one of the 3 major credit bureaus in the US discovered a breach potentially affecting 143 million people, and they didn't bother to inform the CFO for more than 3 days after...
by Da5id
Fri Sep 08, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46925

Re: Equifax customer information leak

By enrolling in TrustedID you waive your right to a class action suit, either in court or in arbitration. It limits you to individual arbitration. Read the terms and conditions (interestingly the terms and conditions are dated Sept 6 2017 -- I wonder when that clause was added) I generally feel lik...
by Da5id
Fri Sep 08, 2017 7:15 am
Forum: Investing - Theory, News & General
Topic: Good Article on Retirement Investing and Withdrawals
Replies: 7
Views: 1446

Re: Good Article on Retirement Investing and Withdrawals

The article is OK, but look what that video claims. It states that if you want a good retirement that will last 25 years, you will need to have saved at least 8 times your ending salary. Eight times? That's a 12.5% initial withdrawal rate. Can it last 25 years? Paul Vastly more than most of the cou...
by Da5id
Thu Sep 07, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Need Advise On Getting to Patriots Game, Foxborough
Replies: 13
Views: 1121

Re: Need Advise On Getting to Patriots Game, Foxborough

I am going to be headed to Boston later in the season to watch my team get beat by the Patriots. I will be staying in the Back Bay area. I hear that getting to and from the stadium is pretty awful. I have looked into the train that goes there and seems to be a pretty good alternative. Any hints are...
by Da5id
Wed Sep 06, 2017 7:10 am
Forum: Investing - Theory, News & General
Topic: Three Centuries of Asset Returns, 1694-2015
Replies: 35
Views: 4269

Re: Three Centuries of Asset Returns, 1694-2015

columbia wrote:
Tue Sep 05, 2017 7:15 am
Those returns are annunciation for the US-only crowd. ;)
Bogle was Right, even before he was born!
by Da5id
Tue Sep 05, 2017 7:43 am
Forum: Investing - Theory, News & General
Topic: What is the "safe, safe" withdrawal rate?
Replies: 38
Views: 4179

Re: What is the "safe, safe" withdrawal rate?

I've not gotten to the point of considering annuities yet. But I worry about the whole "guaranteed to be safe" aspect. Annuities, particularly deferred ones purchased with a distant starting point, have risk to the extent that: 1) the insurance company may go bankrupt 2) if they go bankrupt, you pro...
by Da5id
Mon Sep 04, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Jason Zweig's tax bomb example
Replies: 28
Views: 3692

Re: Jason Zweig's tax bomb example

sambb wrote:
Mon Sep 04, 2017 8:18 am
if there is an unrealized gain of 34% in total stock, that doesnt sound good for new investments.
You say "if", have a look here if you have doubts: https://personal.vanguard.com/us/funds/ ... 0085#tab=4

Again, the risk of it being distributed seems small.