Search found 427 matches

by FoolStreet
Tue Nov 28, 2017 10:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 76
Views: 19135

Re: San Jose, CA Area Bogleheads Chapter

Tyler Aspect wrote:
Mon Nov 20, 2017 11:58 pm
The November presentation is available at the link below.

https://drive.google.com/file/d/1UWtp_S ... sp=sharing
Thank you for sharing this.
by FoolStreet
Tue Nov 28, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice / John Hancock
Replies: 12
Views: 2481

Re:

John Hancock is a typical insurance/investment company... High fees, etc. I would not want to work sales (i.e. pitching insurance annuities to old widows) in a company like that. The people who pich insurance annuities to old widows are typically not employees of the company. The annuity salespeopl...
by FoolStreet
Sat Oct 07, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or keep shares of a private company?
Replies: 39
Views: 2398

Re: Sell or keep shares of a private company?

You need to get familiar with Section 1202 of the tax code. Very complex, but if you meet all the tests, your Federal tax rate can be greatly reduced. I suggest talking to the person handling the taxes for the company, or perhaps the tax pros used personally by the CEO, CFO etc. Wow. https://blog.w...
by FoolStreet
Sat Oct 07, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Sell or keep shares of a private company?
Replies: 39
Views: 2398

Re: Sell or keep shares of a private company?

Thanks everyone for the replies so far, it's always interesting to hear the different opinions of this forum. Admittedly I think I have a high tolerance for risk when I think I have some sort of "advantage", especially in my career. For example, a few years ago, while all my coworkers (including me...
by FoolStreet
Sat Oct 07, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11686

Re: Millionaire Next Door (Thank you Bogleheads)

retire57 wrote:
Thu Oct 05, 2017 3:45 pm
Yay!!! :beer

BTW, folks always refer to "The Millionaire Next Door", but rarely to Dr. Stanley's other researched-based work "Stop Acting Rich". The latter is an even more informative read, IMO.
Agree, 1,000%
by FoolStreet
Thu Oct 05, 2017 5:13 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 28
Views: 3255

Re: Hiking the Tahoe Rim Trail-Update

Hi All, Wanted to update and thank the folks that were so helpful. I hiked the trail from Echo Lakes and exited at Mt. Rose Summit Trailhead starting Sept 13 and exiting Sept 19. I had originally planned 8 days but felt so strong that I hiked further each day than planned and exited a day early It ...
by FoolStreet
Fri Sep 08, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

Keep in mind, Medicaid facilities are not the same as I might choose if I had the means to pay myself. My preferred solution to this "problem" is by entering a Type A CCRC (continuing care retirement community). Once in, they assume the cost of higher level care if needed. Of course, you have to ha...
by FoolStreet
Fri Sep 08, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

Keep in mind, Medicaid facilities are not the same as I might choose if I had the means to pay myself. My preferred solution to this "problem" is by entering a Type A CCRC (continuing care retirement community). Once in, they assume the cost of higher level care if needed. Of course, you have to ha...
by FoolStreet
Fri Sep 08, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

It won't be long? I find that hard to believe. The tremendous benefit of gasoline is how much energy is packed into a small volume, and the convenience of the gasoline engine is the ability to refuel for another 300 to 500 miles travel in five minutes just about anywhere. I realize there are belief...
by FoolStreet
Fri Sep 08, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

To keep this actionable, my question is, should I replace my Prius for "fun" with an updated BEV or PHEV? When and what type. Should I replace my wife's 17year old luxury SUV and if so, when and what type. Requirements: We do 3-4 long 6-12hr roadtrips each year for the in laws and safety is vital. W...
by FoolStreet
Fri Sep 08, 2017 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

What is the process of your Mom selling the house which is not in her name anymore? My In-Laws did the same, and I'm expecting a bureaucratic nightmare. My mother and each child had to sign all of the sale paperwork. This can be done by signing a limited POA for this purpose. The proceeds were spli...
by FoolStreet
Fri Sep 08, 2017 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

Threads like this tend to concentrate on the ethical issues of transitioning to Medicaid, while retaining a legacy once assets are exhausted. In our case, no one in my wife's family cares about a legacy, other than my MIL. She is under the impression that her savings still exist, which we don't cor...
by FoolStreet
Fri Sep 08, 2017 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

Threads like this tend to concentrate on the ethical issues of transitioning to Medicaid, while retaining a legacy once assets are exhausted. In our case, no one in my wife's family cares about a legacy, other than my MIL. She is under the impression that her savings still exist, which we don't cor...
by FoolStreet
Fri Sep 08, 2017 12:04 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

I wasn't considering the other health aspects in my posts, only emissions. As it happens, my diet is very high in lamb ;) In any case, our home's walk/transit/bike scores are 7 / 0 / 4 according to www.walkscore.com, so I'm not going to be walking or biking anywhere . It just isn't feasible. Drivin...
by FoolStreet
Thu Sep 07, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 4091

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

OP, you use the word "we" a lot in your initial post. If you are a real estate investor doing a deal, negotiating with Fortune 500 companies, you can judge if it makes sense. If you are not, if you are being asked to put some money in someone else's deal, my advice as an internet stranger is "no wa...
by FoolStreet
Wed Sep 06, 2017 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by FoolStreet
Wed Sep 06, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by FoolStreet
Wed Sep 06, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

My parents transferred their home to all of their children when they retired and they retained life use. My mother decided to sell the house and move to a senior friendly apartment at the age of 86 after my father passed. Neither Dad not Mom ever needed skilled nursing care for more than a few week...
by FoolStreet
Wed Sep 06, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

Hello I have about a year before I will be selling back my Audi A3 TDI to VW/Audi due to emissions scandal. I'm seriously considering an EV option and will look at Tesla Model 3 ( deposit made), the 2018 Leaf and the GM Bolt. Have you looked at the A3 e-tron? We traded in my A3 TDI for the e-tron a...
by FoolStreet
Wed Sep 06, 2017 12:09 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

I looked at the BMW i3, but it does not appear to be "electric" enough. That said, I think they look really cool in a totally quirky way, sort of the 1950s view of a 21st century car ;-). How is it not electric enough? The 650cc two-cylinder engine is a $4,000 option! The new Mini Countryman All4 E...
by FoolStreet
Wed Sep 06, 2017 10:25 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

Energy has to be generated either way. An ICE keeps it within the vehicle, which is easy to calculate. How is your local electricity generated? 1/3 of the electricity in the US is still generated by coal, which is why I always ask my friends who own Teslas "How's your coal fired car running?". ...O...
by FoolStreet
Wed Sep 06, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

We have a 2007 Prius and a 2014 Leaf, and I think the technologies are pretty mainstream now. The question is mainly whether the ranges work for your needs. The 80 mile range of the Leaf is fine for commuting, shopping, etc. A longer range for our second car is worth basically nothing to us. On the...
by FoolStreet
Wed Sep 06, 2017 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 9027

Re: Protecting moms assets from nursing home expenses

My parents worked with an estate attorney last year to protect the house. My father is getting home care now and they have sufficient assets to cover the next few years but my mother is in relatively good health and could live for years yet. The attorney set up a trust 'for the children' which hold...
by FoolStreet
Tue Sep 05, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 9751

Re: Contemplating an Electric Car

Hello I have about a year before I will be selling back my Audi A3 TDI to VW/Audi due to emissions scandal. I'm seriously considering an EV option and will look at Tesla Model 3 ( deposit made), the 2018 Leaf and the GM Bolt. I'd like to hear what Bogleheads think about EV's and if they think now i...
by FoolStreet
Mon Sep 04, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4623

Re: Estate Administration Question

In addition to expenses, there will be income. Social Security (depending on date of death), pensions, refunds, security deposits, refunds of insurance etc. Household items can also be sold as well as the car. The first priority is to pay burial expenses. Many people have monthly income checks (SS,...
by FoolStreet
Mon Sep 04, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4623

Re: Estate Administration Question

In addition to expenses, there will be income. Social Security (depending on date of death), pensions, refunds, security deposits, refunds of insurance etc. Household items can also be sold as well as the car. The first priority is to pay burial expenses. Many people have monthly income checks (SS,...
by FoolStreet
Sat Sep 02, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Best bond fund for taxable 3 fund portfolio in CA?
Replies: 14
Views: 1460

Re: Best bond fund for taxable 3 fund portfolio in CA?

What bond fund do you recommend for a taxable 3 fund portfolio? Since you mention in another topic that you would hold Vanguard funds at Vanguard for the portfolio's stock slices, and a 5-7 year time horizon for possible disposition of the taxable portfolio: suggest Vanguard California Intermediate...
by FoolStreet
Sat Sep 02, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Estate Administration Question
Replies: 65
Views: 4623

Re: Estate Administration Question

Scenario: Single person passes away, leaving modest estate requiring probate. All financial accounts (savings, checking, investment) have designated POD/TOD beneficiaries. Joe is named executor of the estate by the decedent’s will. Joe files the will with the probate court and receives “letters of ...
by FoolStreet
Mon Aug 07, 2017 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Best bond fund for taxable 3 fund portfolio in CA?
Replies: 14
Views: 1460

Re: Best bond fund for taxable 3 fund portfolio in CA?

What bond fund do you recommend for a taxable 3 fund portfolio? Since you mention in another topic that you would hold Vanguard funds at Vanguard for the portfolio's stock slices, and a 5-7 year time horizon for possible disposition of the taxable portfolio: suggest Vanguard California Intermediate...
by FoolStreet
Sun Aug 06, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: [Funding a condo purchase, have deferred annuities]
Replies: 4
Views: 193

Re: Mom made a mistake? Annuities

Sidebar ^ Interesting. Thankyou, delamer We tried to get a HELCO on a wholly owned rental Seattle condo, near AMZN. Our credit scores 735 & 760. We could only get 37% of purchase cost; 30% of appraised value on a HELOC, because of scores are too low for more $$ :| We opted to do a refi where we cou...
by FoolStreet
Sun Jul 30, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: How to give for Gif Tax? Tax Best Practices?
Replies: 7
Views: 600

Re: How to give for Gif Tax? Tax Best Practices?

Avo wrote:There's a gif tax??

Image
...mmmm.... I think you are pronouncing it wrong.....

Image


Heh heh. :-)
by FoolStreet
Sat Jul 22, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: How to give for Gif Tax? Tax Best Practices?
Replies: 7
Views: 600

How to give for Gif Tax? Tax Best Practices?

I could use some advice on how best to give money considering gift taxes. Let's say my wife and I want to give the max up to gift tax limits to a family member, I am trying to figure out the best way to do it. I believe the max is $14k per person per year and we can each give 14k, up to 28k per year...
by FoolStreet
Sun Jul 16, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: San Jose and San Francisco Trip
Replies: 24
Views: 1986

Re: San Jose and San Francisco Trip

Thanks for the ideas of memorable places! May I have input for the $ side: What city should we pick for our hotel if we will likely visit places both in San Jose and San Francisco? I notice Palo Alto, San Mateo, Daly City. Should I go for Uber with two booster seats or just rent a car? Should I jus...
by FoolStreet
Tue Jul 11, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: CA exempt bond fund: Long term or intermediate?
Replies: 9
Views: 737

Re: CA exempt bond fund: Long term or intermediate?

I have 'long term CA exempt' currently - VCITX. My investment horizon is 1 to 2 years, perhaps longer if I don't need this money for a home renovation. Should I keep VCITX or move to 'intermediate term CA exempt' - VCAIX? What should drive my decision? Thanks, WRE Before I give advice, along the th...
by FoolStreet
Sat Jul 08, 2017 1:03 pm
Forum: Personal Consumer Issues
Topic: Better hurry if you want a gas-engine Volvo
Replies: 96
Views: 5971

Re: Better hurry if you want a gas-engine Volvo

Two things: 1. I think they'll "offer" EV and Hybrid drivetrains, it's not going to be a 100% switch in 2019 2. The EV demand will likely be stronger in China. For example in Shanghai, all the little scooters that used to be smoking 2-strokes are now electric. All of them. EVs make more sense in Ch...
by FoolStreet
Sat Jul 01, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my mom is in serious financial crisis. Need help ASAP.
Replies: 58
Views: 9747

Re: Just found out my mom is in serious financial crisis. Need help ASAP.

We all live in different cities. We've talked about helping but don't have enough to pay back the debt. We also feel like she should make the sacrifice with regards to either her house or annuity. She can't leave her current private practice job where she lives. Really looking for answers specifica...
by FoolStreet
Sat Jul 01, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 2793

Re: Medicaid irrevocable trust- any experiences?

You will get two categories of response: 1. "They are jerks for mooching off the system" And 2. Rational discussion on limitations of the strategy. In the latter, consider that there is a 7 year lookback, so be careful of an issue within that period at which point the matter is moot. Medicaid eligib...
by FoolStreet
Sat Jul 01, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my mom is in serious financial crisis. Need help ASAP.
Replies: 58
Views: 9747

Re: Just found out my mom is in serious financial crisis. Need help ASAP.

Are you okay with her moving in with you?

Do you have any siblings?
by FoolStreet
Wed Jun 21, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 5886

Re: Did I just get seriously ripped off?? (Car lease)

I admit I should have taken more time with this... My 9 year old bimmer was starting to bite the dust, so I took it in to the dealership where I originally bought it, hoping for some loyalty. They offered eventually $5k for the car. Check. Then they knocked that amount off the price of a new 230i P...
by FoolStreet
Sat Jun 17, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Best Cheap Champagne
Replies: 60
Views: 5175

Re: Best Cheap Champagne

Costco has a Kirkland prosecco for $6.99 that's very drinkable. We prefer it over Freixenet. +1 on Costco. Pick your price range. Costco's selections will generally be among the best for whatever price they are charging. And yes, Costco's selections under their own Kirkland brand are very good when...
by FoolStreet
Sat Jun 17, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: Voyager Select vs Flagship
Replies: 32
Views: 5992

Re: Voyager Select vs Flagship

The advantage of Flagship to me is a more personal relationship. I can say Hello Savannah, and she says Hello Wes. I value that. For example, we discussed at length the issues relating to a transfer of funds from a Calif STRS 403b account, and got the right paperwork to/from individuals in the two ...
by FoolStreet
Tue Jun 06, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Please talk me out of a turnkey rental property
Replies: 76
Views: 6807

Re: Please talk me out of a turnkey rental property

First find a property manager. Work backwards from there. Thanks for your reply. As I said in my last response, after a few more days of studying I came to realize that's exactly accurate, you need to assemble your own team by finding a trusted property manager who will heavily screen tenants and t...
by FoolStreet
Mon Jun 05, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Please talk me out of a turnkey rental property
Replies: 76
Views: 6807

Re: Please talk me out of a turnkey rental property

Research it thoroughly. Do so with the intent to learn everything you can, not the intent to show it is a good idea. Acquire hard, real numbers. Enter investment property with knowledge and the right mindset and expectations. All that is more difficult to do from afar. Thank you for these final rec...
by FoolStreet
Sun May 14, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Tipping at All Inclusive Resort?
Replies: 67
Views: 6243

Re: Tipping at All Inclusive Resort?

I tip. What is an extra 50 bucks over a 3-4 days to me? I will typically give a 10 to the bartender at the pool at the beginning and coast for several hours. I especially tip the servers that do the beach service. It looks extremely challenging to be trekking through the sand in pants and a long sl...
by FoolStreet
Mon May 01, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3753

Re: Kamado grill

I am fearing this. i suspect it will sit and collect dust. i enjoy grilling (only on weekends). weekdays I am away from home (6a to 7p) and i doubt i will have time. I only like grilling chicken, fish (salmon) and some cuts of lamb. 100% agree, I have one that I enjoy owning, but it just doesn't ge...
by FoolStreet
Sun Apr 30, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3753

Re: Kamado grill

Definitely check this link: https://www.costco.com/kamado-joe-schedule.html Yes but that one is different from the "Pit Boss" also sold by Costco. The Kamado Joe is probably 3x as much, it's one of the 'name' brands (like Big Green Egg.) For my use the Pit Boss is perfect, I got 90% of the BGE expe...
by FoolStreet
Sat Apr 29, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3753

Re: Kamado grill

I have the Costco 'Pit Boss' version, it was $399 on sale last summer (goes on sale annually) https://www.costco.com/Pit-Boss-Ceramic-BBQ-Grill-.product.100295951.html Pros: - When on sale, it's a very good deal for a large Kamado. (Even the regular in-store price of $650 is decent, but I'd wait fo...
by FoolStreet
Sat Apr 29, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3753

Re: Kamado grill

I have the Costco 'Pit Boss' version, it was $399 on sale last summer (goes on sale annually) https://www.costco.com/Pit-Boss-Ceramic-BBQ-Grill-.product.100295951.html Pros: - When on sale, it's a very good deal for a large Kamado. (Even the regular in-store price of $650 is decent, but I'd wait fo...
by FoolStreet
Sat Apr 29, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3753

Re: Kamado grill

Was browsing thru the forums and came across this topic. I enjoy grilling on my Weber Charcoal grill. Was thinking if this sort of grill is worth it? Any good recommendations for a portable Kamado grill? Portable meaning I would like to move it around in my backyard. I see Lowes has a chargriller f...
by FoolStreet
Sat Apr 29, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 80
Views: 9867

Re: Helping adult children

Ok, I read Beyond the Grave and am feeling a bit guilty. Here's our situation...we have two sons. Both are engineers and doing well in their careers. Son 1 has 3 active children and a stay-at-home wife who is a wonderful mom. Son 2 is married and his wife has an excellent career. They have no child...