Search found 1411 matches

by J295
Sun Jun 17, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 18
Views: 2562

Re: I-bonds look pretty bad right now

For us, I bonds are one tool in the toolbox. We’re satisfied to have accumulated I bonds over the years that, for the current six month period, have an annualized return rate in the 2.5% plus range and no current taxation
by J295
Sun Jun 17, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of using CPA for taxes
Replies: 27
Views: 3161

Re: Benefits of using CPA for taxes

Based on your post it appears you are not pleased with the service, and your dissatisfaction seems reasonable, so the answer seems straightforward – – don’t use this provider.
by J295
Sun Jun 17, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: move out of bonds into money market and online savings
Replies: 19
Views: 2674

Re: move out of bonds into money market and online savings

We haven’t moved out of bonds because we choose not to engage in market timing. If you don’t have an investment policy statement, I strongly recommend one. Remember that your 30% allocation to “bonds” can be 30% to non-equities. In our case that means BND, I bonds, CDs, tips, floating rate fund, and...
by J295
Sat Jun 16, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: Flaw in Logic? CD ladder instead of bond funds
Replies: 62
Views: 4138

Re: Flaw in Logic? CD ladder instead of bond funds

Doesn’t have to be either/or. Can be both/and.

Personally, we have BND, CD, I bond, tip, floating rate, and savings on the “non-equity “side of things.
by J295
Sat Jun 16, 2018 6:10 pm
Forum: Personal Consumer Issues
Topic: What are your hobbies?
Replies: 55
Views: 3767

Re: What are your hobbies?

Golf
Reading
Visit Saint Vincent Depaul clients
Exercise
Travel to see family
Help elderly parents
Respond to random situations that present themselves
Make and drink lattes
by J295
Sat Jun 16, 2018 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Should fixed income allocation necessarily change over the years?
Replies: 11
Views: 656

Re: Should fixed income allocation necessarily change over the years?

We could go 70/30 and be financially fine with a 50% decline in equity values.

However, our sleep well at night allocation is 110-age in equities. Thus in retirement now at age 59 we are 51/49.
by J295
Fri Jun 15, 2018 10:25 pm
Forum: Personal Consumer Issues
Topic: Contractor - Threatening Lien/Lawsuit
Replies: 43
Views: 3433

Re: Contractor - Threatening Lien/Lawsuit

Scam. Ignore him and move on.
by J295
Thu Jun 14, 2018 10:56 pm
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3499

Re: Non-alcoholic drinks for wedding

We have hosted weddings with alcohol. OP didn’t ask if he/she should have a dry reception yet some decided it was ok to be critical of their decision. I believe doing so is rude. To OP .... I can’t add to the non-alcoholic suggestions already posted but can send along congratulations and best wishes...
by J295
Thu Jun 14, 2018 7:04 am
Forum: Personal Consumer Issues
Topic: Learning how to fix/repair things
Replies: 29
Views: 2127

Re: Learning how to fix/repair things

Something else for you to consider… When we were younger (and had less resources) we did some things ourselves, but certain things we left to the professionals. These were things that might have a serious safety issue, or were important from a cosmetic standpoint. For example, I’m looking at some be...
by J295
Wed Jun 13, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: For Sale By Owner (FSBO) purchase - how much discount can I expect?
Replies: 22
Views: 1596

Re: For Sale By Owner (FSBO) purchase - how much discount can I expect?

If a desirable home is priced at "market value" the discount I would provide is zero. This may be especially true in a seller's market, which we have in our area for many homes. We have sold two desirable homes FSBO and bought one desirable home FSBO, all with no adjustments because there was no rea...
by J295
Wed Jun 13, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed
Replies: 27
Views: 2394

Re: 1 Year Rule - Not allowed to execute new investment strategy until 1 year has passed

Our IPS cooling off period is 30 days. Allocations are age based, and since bands are typically not met during the year we re-allocate once a year. Pretty simple with three investment categories ..... equities, fixed, and cash. Have never changed the IPS, so the cooling off period is rather moot to ...
by J295
Wed Jun 13, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Taxation for free-lancers
Replies: 23
Views: 1809

Re: Taxation for free-lancers

Agree that TurboTax works fine. Presently, both my wife and I have some self-employment income from separate professions. We also both have separate liability coverage. Having said that, when I was working full time we used an accountant not because we couldn’t handle it ourselves, but I just didn’t...
by J295
Wed Jun 13, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 148
Views: 14718

Re: Should I take possession of a certified mail?

1. OP indicated in follow up he would accept the letter, which I think is good judgment. 2. We have worked with multiple subcontractors over the years, including a complete renovation of our most recent townhome with 18 subs. We won’t work with someone unless there is a high level of compatibility/m...
by J295
Tue Jun 12, 2018 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Recommendation for High Deductible Health Care Plan - Ages 61/56
Replies: 17
Views: 1200

Re: Recommendation for High Deductible Health Care Plan - Ages 61/56

We are on ACA plans due to early retirement and have been satisfied. The insurer has changed during the course of our coverage due to Blue Cross dropping out of ACA plants in our state. In our case, we keep modified adjusted gross income below the cliff, and qualify for premium tax credits that esse...
by J295
Mon Jun 11, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3224

Re: How to convince my co-worker to invest more?

I’m all for saving, and have demonstrated it throughout my earning years and people knew it. If they had questions, I answered and helped them. If they didn’t ask, I didn’t offer any help. Retired from full-time work at age 53 A member of our team that worked closely with me didn’t have a high incom...
by J295
Mon Jun 11, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4679

Re: How do you celebrate (potty trained kid) milestone with your spouse?

OP. Great that you are finding an opportunity to support and show love for your spouse.
by J295
Mon Jun 11, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: House sale by owner - Problems & Pitfalls?
Replies: 30
Views: 1573

Re: House sale by owner - Problems & Pitfalls?

We sold two homes easily FSBO. However, both were highly desirable properties and both were sold after we told a few friends that we would be selling (no advertising, no open houses). And, probably most significantly, we are well versed in real estate (I was a practicing lawyer at the time). Selling...
by J295
Mon Jun 11, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Pre 65 Retirees - Healthcare
Replies: 21
Views: 2016

Re: Pre 65 Retirees - Healthcare

Yep. ACA for us in our 50s. We keep our MAGI under the cliff to qualify for PTC (modified gross income; premium tax credit).
Kaiser has a nice calculator for planning purposes.
by J295
Sat Jun 09, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Title company asking for another warranty deed?
Replies: 12
Views: 1092

Re: Title company asking for another warranty deed?

Interesting advice from some who apparently know nothing about real estate law. Review the title company documents that you signed. I suspect there is a clause that requires your cooperation post closing, which would very likely include signing another original deed and sending it to them. For those...
by J295
Sat Jun 09, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 3342

Re: Found an FSBO home for sale. How to avoid Realtor?

1. To directly answer OP question, which is how to avoid a realtor in this — Simply don’t use one. As a courtesy, call your realtor and tell them you are going to proceed on your own. 2. For those that believe a realtor does not add value, my experience is to the contrary. 3. For those that believe ...
by J295
Sat Jun 09, 2018 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1711

Re: Asset Allocation 53 years old

Fogu

Good points.

I too was self-employed during my working life. I had a relatively high income, but we lived modestly. We were financially independent and “retired” at age 53. Many others in similar income positios are not in the same net accumulation boat.
by J295
Sat Jun 09, 2018 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation 53 years old
Replies: 21
Views: 1711

Re: Asset Allocation 53 years old

Age 59. Retired. Allocation is 110-age in equities
by J295
Sat Jun 09, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 9968

Re: Why do we work?

Worked to provide for family.
by J295
Wed Jun 06, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy - first meeting with estate lawyer soon
Replies: 13
Views: 1882

Re: Strategy - first meeting with estate lawyer soon

I am a retired lawyer. I have familiarity with basic estate planning, but am not an expert. Our firm had a number of lawyers who specialized in this area and handled these types of matters. There are a number of different alternatives you can consider to meet your charitable and other life objective...
by J295
Wed May 30, 2018 10:53 am
Forum: Personal Consumer Issues
Topic: Roadside assistance coverage?
Replies: 12
Views: 624

Re: Roadside assistance coverage?

Thanks to all!

Note: our American Express platinum card offers 24 hour hotline assistance, but the cardholder pays the vendor provides the services.
by J295
Wed May 30, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: get sued for posting nagative online review?
Replies: 64
Views: 6876

Re: get sued for posting nagative online review?

Financial risk seem small. In our state, the cause of action ( assuming no bad faith by the poster) would likely be libel, and to pursue a cause of action requires the aggrieved party to request a retraction in the same forum that the original review was posted. If one received such a notice, one co...
by J295
Wed May 30, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Roadside assistance coverage?
Replies: 12
Views: 624

Roadside assistance coverage?

We are a 58 year old retired couple in good health. We drive 25k per year, including some road trips. We have a 2016 Lexus SUV that is well maintained. Should we pay $100 a year for AAA? Or $42 per year for Nationwide rider for roadside assistance? Or something else? Or skip it all and just pay for ...
by J295
Wed May 30, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 4946

Re: Splurging on the NBA finals

Absolutely go to the game.
I'm only a modest fan, but think this is a great game choice. I really love watching both these teams and coaches.

My "splurges" are on golf ...
by J295
Sat May 26, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Tax lien and tax deed: Their use in real estate investing
Replies: 4
Views: 590

Re: Tax lien and tax deed: Their use in real estate investing

I’m very familiar with this in our state. Each state is different.
by J295
Tue May 22, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any experienced real-estate people here?
Replies: 39
Views: 3803

Re: Are there any experienced real-estate people here?

Get a good real estate agent, and my guess is they will confirm that it is basically a sale as is property
by J295
Fri May 18, 2018 8:49 pm
Forum: Personal Consumer Issues
Topic: how do you tip on wine at a restaurant
Replies: 209
Views: 12255

Re: how do you tip on wine at a restaurant

20 % on everything is the customary expectation.

Anything less regardless of a person’s “analysis” is not meeting the customary expectation.
by J295
Fri May 18, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Neighbor wants to use our land temporarily - let them or not?
Replies: 48
Views: 6272

Re: Neighbor wants to use our land temporarily - let them or not?

Simple ... tell them yes. No need to add waivers, warnings, etc.
by J295
Thu May 17, 2018 2:11 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 201
Views: 26965

Re: Roll Call for the Retirement Class of 2018!

In 2013 transitioned to part time, to kinda part time, to hardly any time. Now in 2018 officially no time = retired. The glide path worked well for us. Now age 58.
by J295
Thu May 17, 2018 2:02 am
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 8745

Re: Golden Handcuffs

Simple. Don’t let $$$ be the primary factor in this decision. It’s a fine tool but a terrible master.
by J295
Thu May 17, 2018 1:53 am
Forum: Investing - Help with Personal Investments
Topic: Ally No Penalty CD @1.75% vs VMMXX @ 1.87%
Replies: 26
Views: 3404

Re: Ally No Penalty CD @1.75% vs VMMXX @ 1.87%

The modest rate difference on this amount would not cause me to take action.
by J295
Wed May 16, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: Large Personal Injury Settlement
Replies: 58
Views: 5157

Re: Large Personal Injury Settlement

This is a more nuanced observation, but you may wish to check your state law to see if the personal injury settlement proceeds are exempt from execution. In our state, they are completely exempt from execution. So, it may be prudent here for a large settlement to be kept completely separate from oth...
by J295
Mon May 14, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Cancer - tips?
Replies: 37
Views: 6892

Re: Cancer - tips?

Wishing you good outcomes and lots of support.
by J295
Mon May 14, 2018 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Am I working with the wrong realtor?
Replies: 22
Views: 2726

Re: Am I working with the wrong realtor?

Around here, it makes no sense whatsoever to submit an offer on a home that is already under contract.
by J295
Wed May 09, 2018 8:36 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5661

Re: What's the view on dogs running free?

Have had dogs throughout nearly all of my life. Dogs should be under the owners control at all time, which typically requires a leash. A few dogs are so well-trained they do not need a leash, but these are the exception.
by J295
Mon Apr 30, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k - Vanguard or Fidelity?
Replies: 3
Views: 490

Re: solo 401k - Vanguard or Fidelity?

We have accounts at both institutions. Fidelity has always had far superior customer service. Our solo 401(k)s are at Fidelity. To fund them takes only a phone call to Fidelity to transfer from existing Fidelity taxable accounts into the solo 401(k)s.
by J295
Sun Apr 22, 2018 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 40
Views: 3207

Re: Interesting vs higher paying job

I didn’t have this choice to make, but if I did I would take interesting over the money. One choice I did have when I was working, was taking time or money since I was paid in our professional partnership based upon receipts. I chose time and my time away from work was more interesting than my time ...
by J295
Sat Apr 21, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Settlement Offer -- Accept or Wait?
Replies: 66
Views: 5706

Re: Settlement Offer -- Accept or Wait?

It is probably prudent to wait until you are certain there are no residual physical injuries. If you seek legal counsel, be prepared to engage them on a contingency basis, where you will likely give them 1/3 of any settlement and pay out-of-pocket expenses. Also note that the “better” personal injur...
by J295
Thu Apr 19, 2018 7:37 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 39
Views: 3875

Re: Lack of FDIC Insurance a big deal?

Money markets don't concern me.
by J295
Sat Apr 14, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Use of Loss Carry Forward for New California Resident?
Replies: 3
Views: 293

Re: Use of Loss Carry Forward for New California Resident?

Thanks for the responses. Google search reveals same answers. Enjoy the weekend.
by J295
Sat Apr 14, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Use of Loss Carry Forward for New California Resident?
Replies: 3
Views: 293

Use of Loss Carry Forward for New California Resident?

Helping daughter with tax return/turbo tax. She has a long term loss carry forward from publicly traded equities from time prior to she moved to California (moved there in 2017). Is all of this considered California long term loss carry forward for her California return, or is she not allowed to use...
by J295
Sat Apr 14, 2018 6:20 am
Forum: Personal Finance (Not Investing)
Topic: When/how did you start teaching your child about personal finance?
Replies: 34
Views: 2602

Re: When/how did you start teaching your child about personal finance?

Great parenting OP! Until middle school we taught by example. Starting in middle school and through high school every 6 months they got a stipend, which they had to use to purchase just about anything they might need without further contribution from us. So, if they wanted to go all out for a school...