Search found 1435 matches

by FelixTheCat
Wed Jul 26, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6795

Re: Post Nuptial agreement guaranteeing alimony?

notmyhand wrote:and thus have put my career on the back burner.

Do you really want to settle for a lesser career? I suggest don't put your career on the back burner.

Work together as a team that benefits both of you.
by FelixTheCat
Wed Jul 26, 2017 11:41 am
Forum: Investing - Theory, News & General
Topic: Too much of portfolio in Vanguard?
Replies: 22
Views: 3689

Re: Too much of portfolio in Vanguard?

What would make her feel safer? Happy wife = happy life.

Suggestions
Path 1 ~ She can read about Vanguard's multiple custodial firms, Fidelity bonds, Investment Company Act of 1940, etc.
Path 2 ~ You can always have some money in another company.
by FelixTheCat
Tue Jul 25, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Grandson just got married. Wants to add wife's name to accts
Replies: 32
Views: 4222

Re: Grandson just got married. Wants to add wife's name to accts

My suggestion is do not commingle premarital property.
by FelixTheCat
Thu Jul 20, 2017 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Separate charitable donations in taxable
Replies: 12
Views: 443

Re: Separate charitable donations in taxable

Here's a suggestion: Open a Fidelity brokerage account. A Fidelity DAF will look into a Fidelity brokerage account to see if there are any Long Term Capital Gains to be donated.
by FelixTheCat
Wed Jul 19, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Car Wash Pass worth it?
Replies: 15
Views: 941

Re: Car Wash Pass worth it?

Yes, the car wash pass is worth it. I pay $36 month for unlimited inside/outside wash. I use it each weekend. My car is spotless. Everyone always comments on how nice my car looks.
by FelixTheCat
Mon Jul 17, 2017 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund portfolio - bond fund options
Replies: 44
Views: 2159

Re: 3-fund portfolio - bond fund options

GaryA505 wrote:Felix, are you trying to make trouble? I think you're going to stir up a hornet's nest. :twisted:

We are supposed to understand the role of each fund in our portfolio.
by FelixTheCat
Mon Jul 17, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: 3-fund portfolio - bond fund options
Replies: 44
Views: 2159

Re: 3-fund portfolio - bond fund options

I decided that Total Bond Market Index Fund is nearly ideal for inclusion in The Three-Fund Portfolio for two primary reasons: 1. It is very diversified (often called the only free-lunch in investing). 2. It is very safe. It's worst annual loss since inception was -2.66%. In the 2008 bear market (w...
by FelixTheCat
Mon Jul 17, 2017 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 41
Views: 2859

Re: california homeowners - do you have earthquake insurance?

I would have insurance appropriate for the area you live in. For example, I would have flood insurance if my area historically had a flood or two. CA is known for fires and earthquakes.

I have earthquake insurance.
by FelixTheCat
Fri Jul 14, 2017 3:53 pm
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 7016

Re: 90:10 AA - what don't you believe about it?

Here's my Buffett answer. Warren is one of the most successful investors of all time and 2nd richest man on the planet. If you believe in him, commit to his plan. This is not directed at you, but I get tired of the guru worship on here sometimes. If Warren Buffet had become one of the richest men o...
by FelixTheCat
Fri Jul 14, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2723

Re: Finance Q for those that have gone through Divorce

BanquetBeer wrote:Why is everyone talking about child support if custody is split 50/50?

The children need to be provided for. You can't have lobster at one house and mac n cheese at the other.

Family court will determine payment based on custody and income.
by FelixTheCat
Fri Jul 14, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: 90:10 AA - what don't you believe about it?
Replies: 101
Views: 7016

Re: 90:10 AA - what don't you believe about it?

Here's my Buffett answer. Warren is one of the most successful investors of all time and 2nd richest man on the planet. If you believe in him, commit to his plan. :D
by FelixTheCat
Fri Jul 14, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2723

Re: Finance Q for those that have gone through Divorce

In CA, Half of the marital assets go to each spouse. You will pay child support until child reaches 18. Spousal support for 10+ years of marriage is for life until the receiving spouse remarries. Children usually go to Mom with Dad getting one evening a week and every other weekend. In some states, ...
by FelixTheCat
Wed Jul 12, 2017 2:46 pm
Forum: Investing - Theory, News & General
Topic: Why Buffet likes S&P 500 Index over a TSM Index Fund?
Replies: 51
Views: 6672

Re: Why Buffet likes S&P 500 Index over a TSM Index Fund?

I know the forum recommends Total Stock Market Index.

I'm curious about Mr. Bogle's portfolio. Where does it show Mr. Bogle prefers Total Stock Market? Is there a link showing his portfolio?
by FelixTheCat
Wed Jul 12, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Personal loan to a family member
Replies: 114
Views: 6853

Re: Personal loan to a family member

Do not loan money. Do not co-sign a loan. You are only looking for heartache if you do.
by FelixTheCat
Fri Jul 07, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriately handling a transfer to Vanguard
Replies: 16
Views: 967

Re: Appropriately handling a transfer to Vanguard

ResearchMed wrote:Coming to your house late at night?

WAY out of bounds.

I agree. I wouldn't have any further contact.
by FelixTheCat
Thu Jul 06, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: A Better Version Of The Warren Buffett 90/10 Portfolio?
Replies: 19
Views: 2408

Re: A Better Version Of The Warren Buffett 90/10 Portfolio?

Buffett is one of the most successful investors of all time and the second richest man on the planet according to Forbes. Does that help with your decision on changing his suggested portfolio? :happy
by FelixTheCat
Thu Jul 06, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Landlording....
Replies: 12
Views: 1581

Re: Landlording....

Do you want to keep the property as a rental?

    No ~ Tell the tenant you are selling and have them move out.
    Yes ~ Get a good property manager.
I cannot believe you are tolerating a poor renter. You need to have someone that will enforce rent is due on the 1st.
by FelixTheCat
Wed Jun 28, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: New child - what type of accounts to open?
Replies: 8
Views: 705

Re: New child - what type of accounts to open?

You can open a UTMA account at Schwab at a low minimum.
by FelixTheCat
Wed Jun 28, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 12423

Re: How did you handle the costs of your child's wedding?

Open a brokerage account in parents name. Buy an S&P 500 index fund. Watch it grow over the next couple of decades. Schwab has lower minimums. :happy
by FelixTheCat
Tue Jun 27, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8812

Re: Middle age job blues

You want to see your employer interest level? Put yourself on LinkedIn. I had head hunters spamming/calling me constantly. I eventually had to turn my profile off.

Think of the possibilities. You could go part-time contracting with 2MM in the bank. Work when you want and vacation more. :D
by FelixTheCat
Tue Jun 27, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: Pet insurance
Replies: 10
Views: 786

Re: Pet insurance

Search the threads. This has been discussed.

I use https://www.healthypawspetinsurance.com/
by FelixTheCat
Tue Jun 27, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Consolidating banks accounts
Replies: 8
Views: 582

Re: Consolidating banks accounts

Have you looked at Fidelity's Cash Management Account? https://www.fidelity.com/cash-management/fidelity-cash-management-account/overview Then get Fidelity's Cash Rewards credit card to get the 2% rewards.
by FelixTheCat
Mon Jun 26, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 29
Views: 2855

Re: Insurance snafu with sewer line break at condo

The majority of home policies will have an additional endorsement called sewer and drain coverage which would have covered the interior building damage in that scenario. I would be amazed if the endorsement wasn't available at State Farm. State Farm has this insurance. I tried to add this to my pol...
by FelixTheCat
Mon Jun 26, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: A TIPS is maturing in Fidelity. What to do?
Replies: 44
Views: 2465

Re: A TIPS is maturing in Fidelity. What to do?

I have been trying to figure out my cash portion of my AA.

Can I ask why you are interested in TIPS? Vanguard's TIPS (VAIPX) 5 year return is .40%. Wouldn't it be better to have a 5 year CD ladder?
by FelixTheCat
Mon Jun 26, 2017 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: How does Fidelity makes money, if I own all Vanguard funds or ETFs
Replies: 56
Views: 4592

Re: How does Fidelity makes money, if I own all Vanguard funds or ETFs

Fidelity makes money with the transaction fees you pay to get Vanguard funds. Why don't you use the equivalent Fidelity funds and pay nothing at all.
by FelixTheCat
Wed Jun 21, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Financial advisor question
Replies: 53
Views: 4254

Re: Financial advisor question

Here's how you start to look at expenses. I took one of you funds Gabelli Small Cap Growth C GCCSX and looked it up on morningstar http://www.morningstar.com/funds/XNAS/GCCSX/quote.html You are paying a 1% front-end load. Contribute $100 and only $99 is invested. Your fund charges you 2.14% annually...
by FelixTheCat
Tue Jun 20, 2017 11:57 am
Forum: Investing - Help with Personal Investments
Topic: Has Vanguard gotten too big?
Replies: 30
Views: 4294

Re: Has Vanguard gotten too big?

Am I the only one that has had excellent customer service? I call and they answer. I write and they respond.
by FelixTheCat
Mon Jun 19, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Question about a Will
Replies: 9
Views: 1050

Re: Question about a Will

goblue100 wrote:I'm pretty sure your fathers will only controls what happens when he dies. Your step mothers will and or trust will control what happens to HER estate when she passes.

This is my understanding as well.
by FelixTheCat
Mon Jun 19, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: 19 y/o Windfall Questions
Replies: 25
Views: 3124

Re: 19 y/o Windfall Questions

Tax efficient is Total Stock Market Index and maybe a short/intermediate term municipal bond fund for a 10 year investment horizon.

Liquid is a FDIC insured savings account.
by FelixTheCat
Fri Jun 16, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 85
Views: 6888

Re: AAA Cost

$7.38 annually for State Farm's Emergency Roadside service. I got tired of paying AAA's fee and rarely using it.
by FelixTheCat
Fri Jun 16, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 13823

Re: Anyone else gotten totally bored with investing?

Yes! I used to love reading. I was enthusiastic about evangelizing the Boglehead way! My investments are on auto-pilot. Most people I've encountered are not motivated or too confused about investing. Now, I only check the boards once in a while to help the people wanting to know. The good news is I ...
by FelixTheCat
Fri Jun 16, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 1705

Re: Direct CD vs. Brokered CD

I really like the brokered CDs through Fidelity. I would be hard pressed to go about the hassle of direct CD purchases ever again. The secondary offerings are very attractive. I picked up a 5 year 2.49% one for 50K on Monday. The 2.49 factors in the $1 per 1000 I had to pay to purchase the CD. The ...
by FelixTheCat
Fri Jun 16, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 16812

Re: Poll: 401K Match

No match. There is profit sharing.
by FelixTheCat
Fri Jun 16, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 5672

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

I am not the type that likes screening tenants, doing maintenance, etc. I have a good property manager. My rental is worth it.

On the other hand, I've never crunched the numbers. Would I make more $$$ if I sold the place and put the equity in a mutual fund?
by FelixTheCat
Thu Jun 15, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 88
Views: 5501

Re: Curious to odd estate question

All of my ideas come from the movie Brewster's Millions. :D
by FelixTheCat
Thu Jun 15, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Child reaching majority Custodian Acct- fund advice TRowePrice
Replies: 11
Views: 781

Re: Child reaching majority Custodian Acct- fund advice TRowePrice

Look for a Total Stock Market index OR S&P 500 index fund with low expenses. Here's a suggestion http://www3.troweprice.com/fb2/fbkweb/snapshot.do?ticker=POMIX For you Boglehead education, look at the expense ratio. 0.30% is $30 annual expenses on $10,000. Vanguard has the same fund VTSMX for .1...
by FelixTheCat
Thu Jun 15, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Do you like receiving email confirmations of online transactions?
Replies: 21
Views: 1222

Re: Do you like receiving email confirmations of online transactions?

I want the email confirmations in case I wasn't the one doing the transaction. It is a security thing for me.
by FelixTheCat
Wed Jun 14, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 1705

Re: Direct CD vs. Brokered CD

Simplicity is the one advantage I see having brokered CDs at Fidelity. For example, you can have all of your CDs with FDIC insurance at Fidelity for 5 million or less. Fidelity works with 20 institutions and will ensure you do not breach the 250K limit at each institution. Caveat: I can't remember i...
by FelixTheCat
Mon Jun 12, 2017 5:50 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 3269

Re: Got a parking ticket - what to do?

Type and mail in the response "Not paying. Find me if you can." :D

It appears someone else got the ticket and placed it on your car.
by FelixTheCat
Sun Jun 11, 2017 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: House improvements or Auto loan [What to do with 37K]
Replies: 1
Views: 301

House improvements or Auto loan [What to do with 37K]

I have been saving for a new kitchen, bathroom and flooring. I have 37k saved at 1% interest.

My car recently died so I went out and bought a new car. 28k at 2% financing for 5 years.

Should I pay off my car? Should I continue to save for kitchen and bathrooms? Heloc for house?
by FelixTheCat
Sun Jun 11, 2017 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property Repairs - Whose to Pay?
Replies: 32
Views: 3000

Re: Rental Property Repairs - Whose to Pay?

I have a rental in San Diego. Those sound like normal wear and tear. Fix it and write it off on your taxes.
by FelixTheCat
Thu Jun 08, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Recession Planning
Replies: 35
Views: 2722

Re: Recession Planning

Have any of you spent time thinking about how your financial actions including investing would be different in case of a recession? Other than setting up a solid emergency fund, and practicing living below ones means, how would one plan for to reduce impacts of recission like job loss? I have a per...
by FelixTheCat
Thu Jun 08, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Any tips on creating a budget for a SAHM ?
Replies: 24
Views: 1966

Re: Any tips on creating a budget for a SAHM ?

YNAB. Online version. You can sync the budget data to your phone. This way SAHM can look to see if there is money in the budgeted category before spending.
by FelixTheCat
Wed Jun 07, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: Earthquake insurance in SOCAL
Replies: 28
Views: 1706

Re: Earthquake insurance in SOCAL

I knew people that lived through the 1994 Northridge, CA earthquake. A lot of homes were damaged (not destroyed) ~ think 100K in 1994 dollars. What would you do if you had 1) Equity and 2) Investments? Walk away? Wait for the financial hounds to pursue you? Take the hit on your credit? Fix your home...
by FelixTheCat
Wed Jun 07, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3507

Re: Budgeting

I've been through it all. IF we are only discussing budgeting and nothing else, get YNAB.
by FelixTheCat
Wed Jun 07, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on emergency account amount.
Replies: 22
Views: 2494

Re: Thoughts on emergency account amount.

What do you consider an emergency? Job loss? Medical not covered by insurance? New car? I would write down exactly what categories are in the fund. Figure the cost and fund it.

The standard answer is three-to-six months of expenses.
by FelixTheCat
Mon Jun 05, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Mouse In Apartment
Replies: 39
Views: 4151

Re: Mouse In Apartment

Use snap traps with peanut butter.