Search found 399 matches

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: 9
Views: 605

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: 145

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: 522

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: 522

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: 1808

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: 627

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: 4897

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 s...
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: 9073

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: 2287

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. Medic...
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: 9073

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: 5052

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: 4262

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: 5277

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: 5827

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: 5827

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: 5704

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: 3426

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: 3426

Re: Kamado grill

Definitely check this link: m 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 experience (only 'big brand kamado' badg...
by FoolStreet
Sat Apr 29, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3426

Re: Kamado grill

I have the Costco 'Pit Boss' version, it was $399 on sale last summer (goes on sale annually) m 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 for the sale) - Hardware is high quality, the grill is very rugged - Comes...
by FoolStreet
Sat Apr 29, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3426

Re: Kamado grill

I have the Costco 'Pit Boss' version, it was $399 on sale last summer (goes on sale annually) m 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 for the sale) - Hardware is high quality, the grill is very rugged - Comes...
by FoolStreet
Sat Apr 29, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3426

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: 81
Views: 9018

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...
by FoolStreet
Tue Apr 25, 2017 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 4497

Re: Reached 50% of my "number" today

Congratulations to you! Its a little over a year ago we started our journey on Bogleheads. I can never thank Lifehacker enough for the article I read that sent me searching for a better way to manage our retirement funds. Every year I did the taxes since we had hired our FA it was killing me to see...
by FoolStreet
Sun Apr 23, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

Foolstreet, My total 401K amount is the combination of the small and medium funds Touché. I think the advise still stands. Perhaps more so. Nice work there. Actually, as I recommmend it above, this only gives you a ratio of 90%us to 10% international. You probably want a little more international, ...
by FoolStreet
Sun Apr 23, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

Oracles4444 wrote:Foolstreet,

My total 401K amount is the combination of the small and medium funds



Touché. I think the advise still stands. Perhaps more so. Nice work there.
by FoolStreet
Sun Apr 23, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

FoolStreet, Yes i am getting it and excited i am getting it LOL thank you I guess i can keep my Roth in Fidelity and make it an international index - have to look for one Then move money from fidelity to Vanguard and make that my taxable account and make it all VTSAX We all love Vanguard, so happy ...
by FoolStreet
Sun Apr 23, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

dbr is one of our best and brings up some great points. I want to mention my thought process. First, you don't tell us your 401k amount, so kind of going blind. Second, your bond allocation is pretty small, so it can probably fit all in one account, rather than spread out. Which account? We like to ...
by FoolStreet
Sun Apr 23, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

Step 2: look at your 401k. Scan through the investment options and find the one with the lowest expense ratio. Not a coincidence, that is an S&P index fund. Put 100% of your 401k into that. That basically meets the US Equities checkbox. It's good enough for Buffett, it's good enough for us. Edi...
by FoolStreet
Sun Apr 23, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

Step 3:make your Roth 100% of a total international index. Pick whichever one you want, presumably the one from Fidelity since it is a fidelity account. Step 4: Make the taxable be a total stock market index, again presumably fidelity. Do you think you will have uncomfortable cap gains? If so, you c...
by FoolStreet
Sun Apr 23, 2017 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

Step 2: look at your 401k. Scan through the investment options and find the one with the lowest expense ratio. Not a coincidence, that is an S&P index fund. Put 100% of your 401k into that. That basically meets the US Equities checkbox. It's good enough for Buffett, it's good enough for us. Edit...
by FoolStreet
Sun Apr 23, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Truly appreciate your suggestions on my investments
Replies: 20
Views: 791

Re: Truly appreciate your suggestions on my investments

Before we start, do you know what the 3-fund portfolio concept is? All we are going to do is to massage your investments into those 3 funds: us equities, international and total bond. Some people like to slice and dice to create subcategories within each of those main categories, but simplifying to ...
by FoolStreet
Sun Apr 23, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: End of car lease calculation
Replies: 7
Views: 728

Re: End of car lease calculation

goru1 wrote:
buy from the financial firm holding the title, not from the dealer.

It is leased by Honda finance.

My lease term is 12,000 miles per year. Does it mean if I return and not use 36000, I loose money for every unused mile?


Yes, you paid for what you didn't use.
by FoolStreet
Sun Apr 23, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: End of car lease calculation
Replies: 7
Views: 728

Re: End of car lease calculation

Is my calculation correct? Which option make sense? Purchase leased vehicle: 2015 pilot lx borrow 18,400 ( residual value of leased vehicle ) 60 months used 3.49% monthly 335 Return leased vehicle and buy new: 2017 pilot lx borrow 31000 ( estimated out the door price ) 60 months new 2.49% monthly 5...
by FoolStreet
Sat Apr 22, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Reached 50% of my "number" today
Replies: 20
Views: 4497

Re: Reached 50% of my "number" today

Congratulations to you! Its a little over a year ago we started our journey on Bogleheads. I can never thank Lifehacker enough for the article I read that sent me searching for a better way to manage our retirement funds. Every year I did the taxes since we had hired our FA it was killing me to see...
by FoolStreet
Fri Apr 21, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 62
Views: 5354

Re: Trust Services

...I agree with all of this, which is why I feel that a trust that restricts a trustee to index investing should also have a means to modify that requirement in the event the future is radically different. The Trust Protector approach is one way to do this. There is already appropriate boilerplate ...
by FoolStreet
Thu Apr 20, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Wife's Money - 50K - Her Advisor vs My DIY - Help
Replies: 67
Views: 6136

Re: Wife's Money - 50K - Her Advisor vs My DIY - Help

Yes, we have a appointment with Vanguard end of this month. They are backed up. Most of the reviews we saw on VPS is Vanguard advisor will be very cookie-cutter (which may satisfy us anyway) but will not be a CFP and will not review our insurances etc - not comprehensive planning, will not review o...
by FoolStreet
Wed Apr 19, 2017 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's Money - 50K - Her Advisor vs My DIY - Help
Replies: 67
Views: 6136

Re: Wife's Money - 50K - Her Advisor vs My DIY - Help

Advisor told us we have less Term Life Insurnace we should. I've 1.2 M and wife has 750K Term - 20 year, we are 6 yrs into term. I guess that was his reasoning into IUL to supplement our term-life - not sure. we will find out on our next (and last meeting) Question is How do BH decides how much ins...
by FoolStreet
Mon Apr 17, 2017 10:20 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 21
Views: 1978

Re: Hiking the Tahoe Rim Trail

Sounds like a great time! My wife and I used to do a lot of backpacking and miss it. Posts like this inspire me to go again soon. Thanks for posting!
by FoolStreet
Mon Apr 17, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Services
Replies: 62
Views: 5354

Re: Trust Services

I remember a thread on this and paraphrasing bsteiner, he said, do you want the low cost investing approach? Or do you want the arms-length benefit of trust asset protection from creditors and spouses? If the former then select an individual trustee. If the latter, pick a firm. He also seems to be r...
by FoolStreet
Thu Apr 06, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 7266

Re: Secretly entered two comma club

Yep, cash flow versus balance sheet-- (and I don't include home equity in two comma) you can't use home equity for paying bills nor can you access certain retirement accounts without significant penalties. Stealth millionaire is better-- no expectation of keeping up with the Jones, needing the late...
by FoolStreet
Thu Apr 06, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 7266

Re: Secretly entered two comma club

Well, you should at least give into your wife on the kindergarten issue. Well, there is a difference between balance sheet and statement of cash flows for a reason. Just because your house has equity and your retirement accounts are funded does not mean you have the cash flow to pay for private. Bu...
by FoolStreet
Thu Apr 06, 2017 1:47 am
Forum: Investing - Help with Personal Investments
Topic: How to manage lump sum from real estate sale
Replies: 18
Views: 2461

Re: How to manage lump sum from real estate sale

ORIF: I am in a similar situation. Expect the sale of business with real estate to consummate next month. In order to save money on capital gains tax I was referred by my CPA to a financial advisor who tried to sell me DST's (Delaware Statutory trusts) via 1031 exchange --very high fee products , O...
by FoolStreet
Mon Apr 03, 2017 12:32 am
Forum: Investing - Theory, News & General
Topic: Helping explain low cost indexing to friends
Replies: 19
Views: 1619

Re: Helping explain low cost indexing to friends

Hi, Recently a close friend of mine asked for help with how to invest her ROTH IRA money. I explained that I used Vanguard index funds in my own ROTH. I will formally sit down with her in the coming weeks to show her exactly what it is I invest in. That being said, I have already read other threads...
by FoolStreet
Tue Mar 28, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Non-traded REIT - Analyzing how horrible, and trying to get out
Replies: 30
Views: 2731

Re: Non-traded REIT - Analyzing how horrible, and trying to get out

jbinker -- I'm in a similar situation, though somewhat of our own making, in that we trusted him, where our CFP (FA) put us in a 3 different non-traded REIT's in 2014. I've been trying to learn as much as I can, and it's very difficult trying to decide whether to keep them and wait them out or sell...
by FoolStreet
Sat Mar 25, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Planning for home purchase and simplifying investments
Replies: 4
Views: 626

Re: Planning for home purchase and simplifying investments

Thanks for the detailed reply. Let's start with the 401k / IRA Why don't you post what you are currently invested in with their expense ratios, and your desired risk level (to come up with your overall stock v bond mix), and make sure you tell us what funds and expense ratios are available in your ...
by FoolStreet
Fri Mar 24, 2017 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: Buy a house or wait in bay area
Replies: 34
Views: 3835

Re: Buy a house or wait in bay area

Hello bogleheads, We see numerous threads on this topic and would welcome advice from folks who have been down the path. Our stats in Brief: Bay area double income couple. Newborn at home.(going to day care in 3 months) Have 20% downpayment for 750-850k range house. (plus 3 months EFund only after ...
by FoolStreet
Sun Mar 12, 2017 12:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: San Jose, CA Area Bogleheads Chapter
Replies: 71
Views: 16536

Re: San Jose, CA Area Bogleheads Chapter

I think that we can cover these topics on this board if you repost the questions and background to the main page. a. Pick vanguard (board approved!) or fidelity or Schwab 1. Keep it in a short term bond fund or high yield savings account. Depending on your income tax rate, consider 50/50 short term...
by FoolStreet
Thu Mar 09, 2017 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for home purchase and simplifying investments
Replies: 4
Views: 626

Re: Planning for home purchase and simplifying investments

Pulling my comments from the local sub chapter thread..... I think that we can cover these topics on this board if you repost the questions and background to the main page. a. Pick vanguard (board approved!) or fidelity or Schwab 1. Keep it in a short term bond fund or high yield savings account. De...
by FoolStreet
Tue Mar 07, 2017 2:19 am
Forum: Personal Finance (Not Investing)
Topic: Steps to take now before family member's imminent death
Replies: 24
Views: 3451

Re: Steps to take now before family member's imminent death

Post by SimonJester » Mon Mar 06, 2017 6:02 pm The only thing that comes to mind is perhaps as a family start thinking about final arrangements (as in funeral arrangements) ahead of time. Perhaps write down things you want to happen, what sort of expenses the family would want for the funeral. Havi...