Search found 2854 matches

by Ged
Fri Sep 23, 2016 7:30 pm
Forum: Investing - Theory, News & General
Topic: Rolling a 401k from previous employer to an IRA or new 401k
Replies: 7
Views: 393

Re: Rolling a 401k from previous employer to an IRA or new 401k

The legal protections of an IRA vary from state to state, so the decision may be affected by where you live. From my point of view it would have to be a pretty dire picture for me to roll over into a new employer's plan. There are some horror stories associated with 401Ks and bankruptcies. I would M...
by Ged
Fri Sep 23, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Harvard Endowment Losses Tied to Value Stocks
Replies: 44
Views: 3510

Re: Harvard Endowment Losses Tied to Value Stocks

In particular, this part of the story might be interesting: "Unfortunately, a number of our domestic equity external managers underperformed for the first time in many years amidst a difficult period for active management overall, particularly for value-oriented strategies," according to ...
by Ged
Wed Sep 21, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: Spare Tire Replacement
Replies: 17
Views: 1063

Spare Tire Replacement

My son recently had to replace a flat tire on his 2001 Toyota. As you might expect, the spare (full size!) had no air, but I was able to help him out with a portable compressor. After inflation it has been holding air, and we are waiting for new tires from Tire Rack. Afterwards I started thinking ab...
by Ged
Tue Sep 20, 2016 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Do you really need 2.5 million to retire well?
Replies: 247
Views: 38067

Re: Do you really need 2.5 million to retire well?

2.5 MM ? No you don't need that. My wife and I have income from pensions and SS which will be about 80K when we start taking SS. That's enough to live a dignified retirement in even a HCOL state if your house is paid off. Our savings are going into things like foreign travel, nicer grade cars and li...
by Ged
Mon Sep 19, 2016 1:25 pm
Forum: Personal Consumer Issues
Topic: Advice on snowblower
Replies: 62
Views: 2623

Re: Advice on snowblower

Nothing beats a Honda. You'll pay more, but it will last a life time and will require MUCH less effort on your part. +1. I have a Honda 724. It's 22 years old and has only had belt and spark plugs replaced. Still starts on first or second pull. No loss of power from when I got it new. If you do hav...
by Ged
Wed Sep 14, 2016 3:58 pm
Forum: Personal Consumer Issues
Topic: Favorite Coffee
Replies: 134
Views: 7470

Re: Favorite Coffee

Demel K. & K. Hofzuckerbäckerei, Großer Brauner, Wein, Österreich.
by Ged
Tue Sep 13, 2016 10:43 pm
Forum: Investing - Theory, News & General
Topic: Strategy to buy expensive house
Replies: 67
Views: 5256

Re: Strategy to buy expensive house

When did you buy your first house? 1990. I believe our mortgage was 7.5%. We sold it 22 years later for 4x what we bought it for. Of course during the same period the S&P 500 grew by 350% (in price) while our house investment only returned 300%. So maybe it was not such a good deal. :) The comp...
by Ged
Tue Sep 13, 2016 5:38 pm
Forum: Personal Consumer Issues
Topic: iOS 10 available today
Replies: 44
Views: 2966

Re: iOS 10 available today

I saw a few warnings on social media that some people had issues with the over-the-air update with iOS 10. So, if you have the opportunity, connect to a computer via USB and update using iTunes. (I usually do this anyways, as it takes less time to update.) Apparently Apple has some recommendations ...
by Ged
Tue Sep 13, 2016 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Fidelity so Persnickety
Replies: 18
Views: 2763

Re: Why is Fidelity so Persnickety

Sorry for the confusion, I didn't mean brokerage, I meant lower returns for the mutual funds since advertising and marketing is figured in the e.r. Fidelity offers a wide range of mutual funds. Some are highly advertised, actively managed and have the performance, costs and returns that a Boglehead...
by Ged
Tue Sep 13, 2016 4:33 pm
Forum: Personal Consumer Issues
Topic: iOS 10 available today
Replies: 44
Views: 2966

Re: iOS 10 available today

Android 7 is also available today. zzzZzzzzZzzzz.
by Ged
Tue Sep 13, 2016 4:30 pm
Forum: Investing - Theory, News & General
Topic: Should you invest in artificial intelligence?
Replies: 21
Views: 1357

Re: Should you invest in artificial intelligence?

One of my favorite technologists, John Pierce, coined the phrase "investing in artificial intelligence is real stupidity".

Seriously AI is just a tool that a large number of companies use for a large number of purposes. Saying that you want to invest in it is using a very broad brush.
by Ged
Tue Sep 13, 2016 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Why is Fidelity so Persnickety
Replies: 18
Views: 2763

Re: Why is Fidelity so Persnickety

I wondered same thing =trying online = when I got to the screen that said I should log=in to my bank account with user name and pass - I thought - why, or how, should Fidelity Investments have some way to know that I have just legitimate-ly logged in to my personal banking institution? Didn't seem ...
by Ged
Sun Sep 11, 2016 9:39 pm
Forum: Personal Consumer Issues
Topic: So being 40 is "old" in the high tech business?
Replies: 129
Views: 9109

Re: So being 40 is "old" in the high tech business?

I know a bunch of 40+ people who have been hired. The one thing they all have in common is they know multiple people at google who worked with them at previous companies. As you get into you 40s+ it really helps to have some younger people in your network. I was still getting job inquiries for soft...
by Ged
Sun Sep 11, 2016 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Fidelity so Persnickety
Replies: 18
Views: 2763

Re: Why is Fidelity so Persnickety

Any reason you didn't just open up a cash management account at Fidelity? I did this, found no hassles and the integration was very slick. Plus having both under one roof seems to me to be more secure than depending on interbank transfers.
by Ged
Sun Sep 11, 2016 12:02 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my 6 year old plasma TV?
Replies: 81
Views: 4964

Re: Should I upgrade my 6 year old plasma TV?

I would certainly upgrade a 46" TV if I had the space for a larger screen! BIGGER really is better. And if I was buying today I'd also get 4K. For myself I currently have a 70" regular HD screen. No hurry to upgrade it until cost of the 77" OLED screens comes down. My bet is 2-3 years...
by Ged
Sun Sep 11, 2016 10:23 am
Forum: Personal Consumer Issues
Topic: Preparing financially for our funerals - prepay or not?
Replies: 97
Views: 5890

Re: Preparing financially for our funerals - prepay or not?

I think it's a good thing to make arrangements beforehand to unburden your survivors and to ensure they don't do something strange. Personally it always seemed to me that cremation was the logical way to get rid of the remains rather than this weird burial stuff. I know my wife has some strong views...
by Ged
Sat Sep 10, 2016 11:19 pm
Forum: Personal Consumer Issues
Topic: Backup Solution for Canon T6i Wifi Camera?
Replies: 6
Views: 482

Re: Backup Solution for Canon T6i Wifi Camera?

You should be able to use an Android file manager like Astro File Manager, OI File Manager or Linda File Manager to copy the contents of the camera card via a USB card reader and possibly via wifi.
by Ged
Sat Sep 10, 2016 10:22 am
Forum: Personal Consumer Issues
Topic: Breaking the iPhone cycle - Any Macbook users with Android Phones?
Replies: 49
Views: 3575

Re: Breaking the iPhone cycle - Any Macbook users with Android Phones?

Switch to a mac and you won't have to reboot your OS for months on end either. :) It's been years since I've had to reboot any of my Windows machines. :sharebeer . That sort if thing is a remnant of older Windows OS versions. I find this whole thing about battery capacity puzzling. There are plenty...
by Ged
Sat Sep 10, 2016 9:48 am
Forum: Investing - Theory, News & General
Topic: ["Wells Fargo Fined for Years of Harm to Customers"]
Replies: 129
Views: 7896

Re: ["Wells Fargo Fined for Years of Harm to Customers"]

tinscale wrote:Yep. The banks aren't like this anymore. :(
Image


20 years ago I belonged to a credit union that was like this. Maybe there are still some of those left.
by Ged
Thu Sep 08, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: ["Wells Fargo Fined for Years of Harm to Customers"]
Replies: 129
Views: 7896

["Wells Fargo Fined for Years of Harm to Customers"]

[Posts merged into here, see below. --admin LadyGeek] Three years ago I started a thread complaining about Wells Fargo sending my wife and myself unsolicited credit cards. https://www.bogleheads.org/forum/viewtopic.php?t=120618 Well now 3 years later the truth comes out. Wells Fargo was engaged in ...
by Ged
Wed Sep 07, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Inheriting lake property with 2 other siblings
Replies: 60
Views: 4689

Re: Inheriting lake property with 2 other siblings

Has anyone navigated something like this? My father had a beach cottage. We had a LOT of great memories of the place from when we were children. When we grew up and moved away he sold it. The good thing was that it didn't become a problem, the bad thing was that it appreciated by about a million do...
by Ged
Sat Sep 03, 2016 10:01 am
Forum: Personal Consumer Issues
Topic: Which android phone to buy?
Replies: 52
Views: 6013

Re: Which android phone to buy?

The new Google phone will be out in 2 months. Just wait a bit and grab the newest and latest features. +1 but it's very unlikely to be close to the $300 mark. But, the outgoing Nexus phones will be priced more cheaply when the new Google phones come out, so one might be able to get a good deal on a...
by Ged
Mon Aug 29, 2016 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 205
Views: 21718

Re: $50M+ - Need a sounding board/advice

I would be interested to know what Vanguard would charge. $50,000,000 x 0.30% = $150,000. If they charged the 0.30% that they charge on their advisory service, that would be the $150K above. For accounts above $25 million the Vanguard advisory service rate is 0.05%. That's $25,000 on a $50 million ...
by Ged
Sun Aug 28, 2016 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 205
Views: 21718

Re: $50M+ - Need a sounding board/advice

I would be interested to know what Vanguard would charge. $50,000,000 x 0.30% = $150,000. If they charged the 0.30% that they charge on their advisory service, that would be the $150K above. For accounts above $25 million the Vanguard advisory service rate is 0.05%. That's $25,000 on a $50 million ...
by Ged
Sun Aug 28, 2016 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 205
Views: 21718

Re: $50M+ - Need a sounding board/advice

Brown Brothers Harriman - https://www.bbh.com/en-us You have the kind of money that will benefit from professional advice. You can thank me later. https://www.bbh.com/blob/8860/ceebc8175c3cd66f080e6678acdfc5b6/bbh-private-wealth-management-client-disclosure-document---2016-data.pdf "The minimu...
by Ged
Sun Aug 28, 2016 12:03 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 33
Views: 3207

Re: Don't pay full price for SiriusXM radio

I dropped Sirius XM radio like a hot potato when my introductory period ran out on my new car. Mostly I listen to stuff off a USB device when I drive anyway. Audiobooks, favorite music, etc. However I do keep the traffic and weather information service for my in car sat nav. On road trips it's helpf...
by Ged
Sun Aug 28, 2016 8:55 am
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 205
Views: 21718

Re: $50M+ - Need a sounding board/advice

Put it 95% of it in one find: tax managed balanced fund. Exactly. Something like a Vanguard target date fund. With that amount of money there is no need for a three fund portfolio and the complications thereof. Keep it at as simple as possible for your circumstances. And get rid of the bloodsuckers...
by Ged
Sat Aug 27, 2016 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Medallion Signature Guarantee
Replies: 59
Views: 9108

Re: Medallion Signature Guarantee

Medallion guarantees are standard procedure in the securities business. Notary is not the same thing. We get ours free at our local banking institution. If you don't have one, call ahead and see what they will probably charge you. "Free" is a subjective thing. When I had to get one for so...
by Ged
Sat Aug 27, 2016 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else make this mistake? [include home as retirement income]
Replies: 34
Views: 3327

Re: Anyone else make this mistake? [include home as retirement income]

Not sure what the value of "net worth" is in any retirement calculation. Really retirement is about income and liquid assets which can be used to meet expenses.

However it is very important when you are doing estate planning.
by Ged
Thu Aug 25, 2016 2:55 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 123
Views: 7712

Re: What is your system for dealing with coins?

I have trouble using the Coinstar booths knowing they take a portion from it. If I banked at a brick and mortar bank I'd probably fill up rolls like I did 10 years ago. Coinstar's machines would not exist if they didn't get some compensation for their operation. However the face value of the Amazon...
by Ged
Wed Aug 24, 2016 10:43 pm
Forum: Personal Consumer Issues
Topic: Office Chair
Replies: 36
Views: 2638

Re: Office Chair

I buy refurbished or open box Steelcase Leap chairs from Ebay dealers. Excellent chairs that last a decade or more for about $400.
by Ged
Wed Aug 24, 2016 10:37 pm
Forum: Personal Consumer Issues
Topic: What is your system for dealing with coins?
Replies: 123
Views: 7712

Re: What is your system for dealing with coins?

I save them in a old windshield washer jug. When it gets about half full I take to a local grocery and feed it into a Coinstar in return for an Amazon gift card.
by Ged
Wed Aug 24, 2016 8:50 am
Forum: Investing - Theory, News & General
Topic: Computer Security [Risk of using online financial services]
Replies: 31
Views: 2631

Re: Computer Security [Risk of using online financial services]

one day sometime tried to get into my account and vanguard shut my account down and contacted me. they guessed my real name, but couldn't get past the password. Another recommendation is to never use a real name for the user name or real for the answer to a security question for an account. Make up...
by Ged
Wed Aug 17, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: Computer Security [Risk of using online financial services]
Replies: 31
Views: 2631

Re: Computer Security [Risk of using online financial services]

I am looking for opinions on the risk involved in using online financial services. I have a number of accounts - two brokerage and two transfer agents - that I access in a number of ways, including web and native mobile apps. In addition, I am considering using personalcapital.com as an aggregator ...
by Ged
Sat Aug 06, 2016 9:27 am
Forum: Personal Consumer Issues
Topic: Moving from Android to iPhone
Replies: 48
Views: 3260

Re: Moving from Android to iPhone

To me anyway Google Fi is a huge reason to stay in the Android (specifically Nexus) world.
by Ged
Thu Aug 04, 2016 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: The Tax Risk Of Too-Tax-Efficient Investment Strategies by Michael Kitces
Replies: 9
Views: 1363

Re: The Tax Risk Of Too-Tax-Efficient Investment Strategies by Michael Kitces

Now it is true there is a top limit to one's IRA (?about $10 million) that if one gets above, it becomes almost impossible to perform enough Roth conversions (and tax gain harvesting) before age 70 to lower one's IRA enough, and very soon the RMDs will start to force an effective tax rate that is j...
by Ged
Wed Aug 03, 2016 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Consumer Reports, how could you? [Investment Company Buying Guide]
Replies: 74
Views: 6597

Re: Consumer Reports, how could you? [Investment Company Buying Guide]

I am a long term CR subscriber however I am not going to renew. The quality of their content has gone down considerably, and their politics are showing more strongly every year especially with regard to their unscientific bias towards organic foods and against GMOs.
by Ged
Mon Jul 18, 2016 4:54 pm
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 6620

Re: What's up with 4K tv? Should I buy one?

If you don't already have the wiring in place, a wireless speaker system, such as Sonos, will sound ok, but it has quite a few limitations. A lot of people already have the wiring and speakers in place though, which sound significantly better than any wireless system out there. Also, quality receiv...
by Ged
Sat Jul 16, 2016 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Choosing Medigap Insurance
Replies: 38
Views: 3141

Re: Choosing Medigap Insurance

A warning about F Medigap plans (which has been discussed in previous posts): It has been announced that the powers that be will be eliminating what are called "first dollar" plans, that is, those that cover the deductible. If this happens and you have an F plan, you would be able to keep...
by Ged
Sat Jul 16, 2016 9:03 am
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 6620

Re: What's up with 4K tv? Should I buy one?

I'm also rather skeptical of the advantage of 4K. However OLED is a different story. I think that it really makes a difference in picture quality.

Pricing is high since the technology is new, but take a look at least.
by Ged
Thu Jul 14, 2016 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: taking back a mortgage
Replies: 27
Views: 2702

Re: taking back a mortgage

I know lots of people on H1-B visas who have mortgages. If he has a steady job, he should be able to manage it himself. An H1-B is generally for a maximum of 6 years, so I have no idea why they would be buying a house or why someone would give them a mortgage. Unless they are married to a citizen a...
by Ged
Wed Jul 13, 2016 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Pull out of market?
Replies: 56
Views: 5491

Re: Pull out of market?

With the Dow at over 18K, I really want to temporarily move my 60% stock mutual funds from there into my Vanguard brokerage account, but keeping the 40% bonds portion in play. I'm willing to forego any little upward ticks that we might see, in favor of protecting my portfolio against the next steep...
by Ged
Sun Jul 10, 2016 10:31 am
Forum: Investing - Theory, News & General
Topic: Why do we assume that a well diversified portfolio will inevitably increase over the long term?
Replies: 52
Views: 4150

Re: Why do we assume that a well diversified portfolio will inevitably increase over the long term?

Population growth and/or inflation (money printing) Productivity growth is tricky. Technology puts employees out of work, increasing corporate profits, but then consumers have less to spend. Technology causes employment dislocation. The old jobs disappear. However the net effect is increased produc...
by Ged
Sat Jul 09, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: Bayesian market predictions?
Replies: 75
Views: 4242

Re: Bayesian market predictions?

Image
by Ged
Sat Jul 09, 2016 10:51 am
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 103
Views: 5850

Re: What's your asset allocation and why?

40/60. I'm in early retirement. With pensions and SS it looks like I will not need any of my savings to meet basic expenses.

I plan to gradually move to 60/40 when stock market valuations look more favorable for growth of my estate for my children.
by Ged
Fri Jul 08, 2016 4:59 pm
Forum: Investing - Theory, News & General
Topic: Fidelity customers: Have you experienced pressure to buy active funds?
Replies: 76
Views: 5084

Re: Fidelity customers: Have you experienced pressure to buy active funds?

A bit yes. A few years ago my account with them moved into two comma territory and one of the reps in the local office asked me to come in to talk. We went over my general picture, and put my numbers into their retirement calculator. He buttered me up pretty good during that process but he was doing...
by Ged
Thu Jul 07, 2016 10:34 pm
Forum: Personal Consumer Issues
Topic: Power surge protector for tv, soundbar??
Replies: 30
Views: 1870

Re: Power surge protector for tv, soundbar??

I live in an area where lightening is not common. I can't recall in the last 15 years. Other than lightening strikes, are there other reasons for power surges that might destroy electronics? Certain types of power company problems can create damaging power surges. Here is an article about one such ...
by Ged
Tue Jul 05, 2016 10:25 pm
Forum: Personal Consumer Issues
Topic: When to proactively replace water heater
Replies: 39
Views: 2783

Re: When to proactively replace water heater

JaneyLH wrote:What is the average expected life of a water heater? :confused


I've heard numbers like 10 years. However that is an average.

The water heater in my house was there when I purchased the house 24 years ago. I don't know when it was originally installed.

As they say YMMV.
by Ged
Tue Jul 05, 2016 12:07 am
Forum: Investing - Theory, News & General
Topic: New Coursera course -- Financial Markets by Robert Shiller
Replies: 9
Views: 1686

Re: New Coursera course -- Financial Markets by Robert Shiller

This is an adaptation of a course taught at Yale as discussed in this thread:

viewtopic.php?t=128342

It's interesting because it is part of a collection of Yale courses openly available.
by Ged
Mon Jul 04, 2016 10:38 am
Forum: Personal Consumer Issues
Topic: Your Favorite Factory Tours?
Replies: 70
Views: 4774

Re: Your Favorite Factory Tours?

As an engineer I've been in a lot of places like these, and was even responsible for the design and of building one. However there are some unique ones that I find interesting. My favorite tour was of the Princeton Plasma Physics research facility. It's a national laboratory where they conduct testi...

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