Search found 349 matches

by Incendiary
Thu Jun 15, 2017 9:16 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

My understanding is that the authors of the study aren't saying that Roth 401ks are better. They are saying that most people will pick a rule of thumb for saving and if they follow that rule of thumb they are actually saving less by putting the sum into a traditional 401k than a Roth 401k. The auth...
by Incendiary
Wed Jun 14, 2017 7:41 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

Wouldn't many Bogleheads have quite a bit of income in retirement? (Following comments from lazydavid and rkhusky.)
by Incendiary
Tue Jun 13, 2017 5:34 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

What should I do? Ignore it? Write a letter explaining that the meter maid needs to get her eyes checked? The City of New Rochelle has an online parking ticket payment system . You can look up the ticket and see exactly what vehicle license information is there. If it's not your license, ignore it....
by Incendiary
Tue Jun 13, 2017 5:32 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

......... you might call the appropriate authority with the ticket number to say someone moved the ticket you your car just in car the person who actually got the ticket doesn't know. JT Lets see....the OP has written that "I'm pretty sure the ticket was meant for me. The make was correct. The...
by Incendiary
Tue Jun 13, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

What is the point then? Are you trying to use a misguided article to suggest Roth is better? I had hoped it was clear that I was simply using the article as a discussion point, not as my actual sentiments about which is better or worse for all of the world. Spark conversation and have a discussion ...
by Incendiary
Tue Jun 13, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

I had hoped it was clear that I was simply using the article as a discussion point, not as my actual sentiments about which is better or worse for all of the world.
by Incendiary
Tue Jun 13, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

Who needs Bogleheads when those behavioral finance researchers have it all figured out. Clearly we need to delete any existing articles on the wiki about Roth vs. traditional, and replace them instead with a blanket recommendation that everyone maximize their Roth options. After all, people are too...
by Incendiary
Tue Jun 13, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

Taken from the article verbatim: "Both accounts have their advantages. But when researchers at Harvard Business School looked at Roth 401(k) accounts across a range of industries at companies with 10,000 or more employees, they found that savers using Roths ended up ahead. The reasons were sur...
by Incendiary
Tue Jun 13, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

I actually have all of the parking receipts showing when I paid and when time expires, as well as a photo of my car parked adjacent to the parking sign. I have all the documentation to prove I am 100% legally parked. My main question was whether I should bother to send them a letter disputing the ti...
by Incendiary
Tue Jun 13, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

Did no one post this yet, or am I blind? https://www.wsj.com/articles/roth-vs-traditional-401-k-study-finds-a-clear-winner-1497233040?mod=trending_now_1 HBS study finds that savers using Roths ended up ahead. It finds no such thing. What it finds is that people don't adjust their savings rate to ad...
by Incendiary
Tue Jun 13, 2017 9:22 am
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

SrGrumpy wrote:What about the VIN number? Shouldn't that be on the ticket? Just to be safe, I would relocate to Sicily for two years until it blows over.


It was not on the ticket.

I thought it went without saying that I've already absconded to Sicily and have been posting from here.
by Incendiary
Tue Jun 13, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

......... you might call the appropriate authority with the ticket number to say someone moved the ticket you your car just in car the person who actually got the ticket doesn't know. JT Lets see....the OP has written that "I'm pretty sure the ticket was meant for me. The make was correct. The...
by Incendiary
Tue Jun 13, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

Maybe you pay more, but the wording is accurate. You are saving $5000 in the 401k either way.
by Incendiary
Tue Jun 13, 2017 7:53 am
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Re: Roth 401k > Traditional 401k

Rules of thumb regarding investing 15 or 25% of gross income don't mention pre vs post tax. I bet even most here are investing only pre tax to meet their number.
by Incendiary
Mon Jun 12, 2017 11:20 pm
Forum: Investing - Theory, News & General
Topic: Roth 401k > Traditional 401k
Replies: 58
Views: 3266

Roth 401k > Traditional 401k

Did no one post this yet, or am I blind? https://www.wsj.com/articles/roth-vs-traditional-401-k-study-finds-a-clear-winner-1497233040?mod=trending_now_1 HBS study finds that savers using Roths ended up ahead. Mainly because people aim for a target to save each year, and by choosing a Roth you effect...
by Incendiary
Mon Jun 12, 2017 8:02 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

mortfree wrote:Meter person must have started to write the ticket then realized the time wasn't up.

Since the ticket was started they cannot throw it away. thus the 1-digit difference and color error.

Yet another theory....


Hmm, that could well be right. I was wondering why there were so many errors.
by Incendiary
Mon Jun 12, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

Since the information doesn't match your vehicle and therefore cannot, legally or otherwise, in any way, be associated with you ... you have a really cool souvenir that can be framed and talked about for years. This case is closed. I will consider doing this (both framing it and talking about it fo...
by Incendiary
Mon Jun 12, 2017 7:35 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

I recently got a parking ticket in New Rochelle, NY. I was parked legally. I initially paid for two hours of parking out of three hours max allowed. I later added an hour about ten minutes before my initial two hours expired so that I had the full three hours (the time added to the end of the initi...
by Incendiary
Mon Jun 12, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

No, I'm pretty sure the ticket was meant for me. The make was correct. The color was close but not right. The license plate was off by one digit. The time of the ticket exactly matched when my initial two hours was up. But how could the parking folks find you to pursue the ticket if the recorded in...
by Incendiary
Mon Jun 12, 2017 6:08 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Re: Got a parking ticket - what to do?

No, I'm pretty sure the ticket was meant for me. The make was correct. The color was close but not right. The license plate was off by one digit. The time of the ticket exactly matched when my initial two hours was up.
by Incendiary
Mon Jun 12, 2017 5:32 pm
Forum: Personal Consumer Issues
Topic: Got a parking ticket - what to do?
Replies: 44
Views: 2987

Got a parking ticket - what to do?

I recently got a parking ticket in New Rochelle, NY. I was parked legally. I initially paid for two hours of parking out of three hours max allowed. I later added an hour about ten minutes before my initial two hours expired so that I had the full three hours (the time added to the end of the initia...
by Incendiary
Mon Jun 12, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: which IPAD?
Replies: 48
Views: 3282

Re: which IPAD?

dbr, memory and storage are two different things.
by Incendiary
Wed May 31, 2017 5:59 am
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2298

Re: Paying someone to build a website

I've tried a couple of them. I recommend wix.com. DIY. Intuitive. Cheap. Some of our sites now are wix.com, actually. I have been told for years to move them to WordPress since something about 20 vs 4 lines of robot crawling for SEO and organic traffic something something... (I completely and total...
by Incendiary
Wed May 31, 2017 5:53 am
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2298

Re: Paying someone to build a website

Thanks for the feedback, everyone. Much appreciated.
by Incendiary
Fri May 26, 2017 7:06 am
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2298

Re: Paying someone to build a website

Thanks for the replies, everyone. These are basically static websites for several companies, like doctor's office websites. Nothing too fancy. One has a payment page, but they are not e-commerce sites.
by Incendiary
Thu May 25, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2298

Re: Paying someone to build a website

What details can I provide to narrow that range down?
by Incendiary
Thu May 25, 2017 12:01 pm
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2298

Paying someone to build a website

Does anyone know how much the going price is to have a website built? I actually have one already but want it transferred over to WordPress. Apparently it's not a simple task for someone not knowledgeable about web design to do... Thanks in advance!
by Incendiary
Wed May 24, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Re: Lawyers charging for asking about fees

So regarding the original question, it sounds like while it is not necessarily common practice, it is allowed to bill a client for asking questions about an invoice? (Was not the case in this situation.) Generally I wouldn't charge a client for that type of conversation, but I can think of one unus...
by Incendiary
Wed May 24, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Re: Lawyers charging for asking about fees

So regarding the original question, it sounds like while it is not necessarily common practice, it is allowed to bill a client for asking questions about an invoice? (Was not the case in this situation.)
by Incendiary
Wed May 24, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Re: Lawyers charging for asking about fees

Just some follow up. Turns out the item was not a charge for asking about the lawyer's bill after all, but a completely legit charge relating to something else. :oops: Thank you for following up. Would you consider editing your original post, to add a note saying that? Many people may not read to t...
by Incendiary
Tue May 23, 2017 11:23 pm
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Re: Lawyers charging for asking about fees

Just some follow up. Turns out the item was not a charge for asking about the lawyer's bill after all, but a completely legit charge relating to something else. :oops:
by Incendiary
Sat May 20, 2017 8:24 pm
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Re: Lawyers charging for asking about fees

I did not mean for this thread to turn into a referendum on lawyers. I don't mind the comments, nor do I mind lawyers, but I hope the mods do not lock this thread... Thanks.
by Incendiary
Sat May 20, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Re: Lawyers charging for asking about fees

I don't have many facts to offer because I'm not fully apprised of the situation. All I know is an invoice was received with a bill for 0.5 hours for "respond to client question regsading (sic) payment of fees."
by Incendiary
Fri May 19, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: Lawyers charging for asking about fees
Replies: 62
Views: 7589

Lawyers charging for asking about fees

Are lawyers "allowed" to bill you for time asking them about fees? Is it common practice? Against ABA guidelines?

Just looking for guidance here. Thanks.
by Incendiary
Mon May 15, 2017 11:25 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1011
Views: 241265

Re: Best watch for around $5,000?

bowtie wrote:Is Omega better quality than Longines. ..aside from what one likes. Just wondered how they "rank" in quality?


I think most would say it's more prestigious. Not sure about quality.
by Incendiary
Mon May 15, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 49
Views: 4704

Re: Tipping for restaurants where you order at the counter

1. No 2. Sometimes. This is the most awkward system. If I clean up after myself, I'm not leaving a tip on an empty table and wonder if the next diner ended up with it. Sometimes I'll stop by the counter and throw money into a jar, but most of the time I don't. 3. Yes. I frequent a Chinese restauran...
by Incendiary
Mon May 15, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 49
Views: 4704

Re: Tipping for restaurants where you order at the counter

So basically none of you would tip in advance? You would hit the "no tip" button and then tip at the end by leaving some cash on the table?

nisiprius, I tip on the undiscounted total in your scenario.
by Incendiary
Mon May 15, 2017 12:04 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 49
Views: 4704

Tipping for restaurants where you order at the counter

I've noticed three main types of restaurants where you order at the counter. In all, you pay in advance and you are prompted to enter a tip amount: 1. You pick up your food at the counter, then you clean up after yourself and put your dishes by the trash can, like at Panera. 2. They bring the food t...
by Incendiary
Wed May 10, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Interest rate per year
Replies: 6
Views: 648

Re: Interest rate per year

This is for a $500 purchase. I don't consider it complicated, since I would just have them draw from my account on a monthly ACH. But I would use this cut off no matter how large or small the purchase. If it were a larger purchase like a residential or commercial mortgage, I'd obviously use an even ...
by Incendiary
Wed May 10, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Interest rate per year
Replies: 6
Views: 648

Interest rate per year

Curious as to whether any of you have a particular interest rate threshold for paying for something in a lump sum vs. periodic installments. For instance, many insurance policies allow you to pay in annual, semi-annual, quarterly, or monthly installments. If you pay less frequently, you pay less ove...
by Incendiary
Sat May 06, 2017 3:20 am
Forum: Personal Finance (Not Investing)
Topic: another umbrella insurance question
Replies: 6
Views: 691

Re: another umbrella insurance question

Didn't realize that was an option. Is one from a different company?
by Incendiary
Fri May 05, 2017 10:58 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 301
Views: 41154

Re: What is your favorite consumer product?

NJdad6 wrote:You know this is an old group of people when the favorite consumer product seems to be oatmeal :)


FTFY. :wink:

(I like oatmeal, too...)
by Incendiary
Fri May 05, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: another umbrella insurance question
Replies: 6
Views: 691

another umbrella insurance question

Hypothetically/asking for a friend, if you have assets of $20mm, net worth of $12mm, then what umbrella limit would you get? $5mm? 6? $12mm? 13? $20mm? 21? From doing some reading, it seems that most insurance companies stop at $5mm, and if they go higher then you have to do some special song and da...
by Incendiary
Fri Apr 28, 2017 7:52 am
Forum: Personal Finance (Not Investing)
Topic: 529 Strategy for Grad School
Replies: 7
Views: 931

Re: 529 Strategy for Grad School

Unless things have changed, you could open multiple accounts per person per beneficiary and get the deduction for each account. Just FYI.
by Incendiary
Wed Apr 26, 2017 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about permanent life insurance policies
Replies: 17
Views: 1780

Re: Need advice about permanent life insurance policies

I'm not looking for specific credentials. He said he wasn't comfortable doing it because of the types of policies and the amounts. No, he didn't sell to me. Haha. Can you give an example of a type that's too complicated? Is the amount too high or too low for him to evaluate? For low amounts, I don'...
by Incendiary
Wed Apr 26, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about permanent life insurance policies
Replies: 17
Views: 1780

Re: Need advice about permanent life insurance policies

pintail07 wrote:What is the purpose of the policies when purchased and what is purpose now?


I did not buy the policies but I think the purpose is to create a sizable nut for the next generation in a way that avoids estate taxes. I'll ask tomorrow.
by Incendiary
Wed Apr 26, 2017 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about permanent life insurance policies
Replies: 17
Views: 1780

Re: Need advice about permanent life insurance policies

An experienced independent agent can do all you require. Pay them a fair fee and make sure you only interested in a thorough review and no other products unless you ask for rates. When I review cases like this I put very little confidence of anything projected and mostly look at guarantees. Granted...
by Incendiary
Sun Apr 23, 2017 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about permanent life insurance policies
Replies: 17
Views: 1780

Re: Need advice about permanent life insurance policies

bsteiner wrote:Jim Hunt
Janet (JJ) MacNab
Peter Kaat
Glenn Daily


It appears that Peter Katt passed in 2015.

Do you happen to have Janet MacNab's contact information?
by Incendiary
Tue Apr 11, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: providing wire information
Replies: 10
Views: 480

Re: providing wire information

Thanks, everyone. OFX doesn't have offices in Kenya or anywhere in Africa except for South Africa, so apparently they cannot help. Just FYI.
by Incendiary
Tue Apr 11, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: providing wire information
Replies: 10
Views: 480

Re: providing wire information

I've never used Western Union. I'll look up now how that works.

What is OFX?

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