Search found 5188 matches

by KlangFool
Mon Apr 24, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 29
Views: 2650

Re: New job and offer - recruiter sent a wrong $$

biscuit wrote:
I like the role and the job location. I have time until tomorrow to accept the offer. What can I do now?



biscuit,

Just say no! When someone trying to rush you into making a decision, it is usually not in your best interest to say yes.

KlangFool
by KlangFool
Mon Apr 24, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage, need help with financial considerations (15 vs. 30 year)
Replies: 13
Views: 832

Re: First Mortgage, need help with financial considerations (15 vs. 30 year)

I'm surprised most people are pushing the 15 year – I thought most people around here prefer the 30 year mortgage abs9986, The devil is in the detail. << $1225/month @ 4.25% (includes HOA, estimated insurance, property tax, etc) Total Cost of Loan = $300,359 15 Year: $1606/month @ 3.50% (same assum...
by KlangFool
Mon Apr 24, 2017 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts how/why/when to finally move to Bonds/Fixed Income
Replies: 9
Views: 763

Re: Thoughts how/why/when to finally move to Bonds/Fixed Income

Retire Assets: 1.284M Current Annual Contributions: Roth IRA*: 11k. I kept our MAGI Low enough this year where we can still contribute. *Probably not much longer and I’ll have to go backdoor route, though wife has large Rollover IRA, so probably no “new” roth money for her, maybe money I would have...
by KlangFool
Mon Apr 24, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

If you look at the characteristics of successful countries, they tend to have more freedom and democracy. Dictatorial countries tend to be less successful. You may dispute that "statistic" but I think it's a fair observation. So the question some are raising is, is it really in the intere...
by KlangFool
Mon Apr 24, 2017 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

*3!4!/5! wrote:
That's my point. Why do "most companies operate more like a dictatorship"?


*3!4!/5!,

Why must it behave some other way should be the question. Please answer that.

KlangFool
by KlangFool
Sun Apr 23, 2017 8:02 pm
Forum: Investing - Theory, News & General
Topic: Tilting vs. Asset Allocation...
Replies: 3
Views: 327

Re: Tilting vs. Asset Allocation...

I was just wondering which of the two is more of a determining factor of your overall investment returns... asset allocation or tilting. I'd like to get around a 10% return by the time I retire. Currently I have a 90:10 asset allocation which captures the market appropriately with a 30 year investi...
by KlangFool
Sun Apr 23, 2017 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Advice needed: Ibonds for College vs 529?
Replies: 6
Views: 772

Re: Advice needed: Ibonds for College vs 529?

OP, Why do you need to save for your kid's college? 83K for 4 years ~ 17K per year. In 10 years, if you have 1.2 to 2 million, you can spend 17K per year easily. In 10 years, if you do not have 1.2 to 2 million, you would not be able to spend 17K per year for your kid's college. So, why should you s...
by KlangFool
Sun Apr 23, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 2688

Re: buy vs rent vs move out of state

if top end of software engineer comp goes up 40% from 250->350, i would not expect median home prices in the area to also go up 40% since not everyone purchasing a home is a software engineer (obviously) in fact only a small % are software engineers. panchilly, Let's assume that you are correct aga...
by KlangFool
Sun Apr 23, 2017 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 2688

Re: buy vs rent vs move out of state

OP, 1) Rent. 2) Make hay while the sun shines. You may not be making that much with other employers in this area or elsewhere. Saves as much as you could. << It is very much "middle income" around these parts. I think the folks having the most success are the dual high earning couples mak...
by KlangFool
Sun Apr 23, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 2688

Re: buy vs rent vs move out of state

OP, 1) Rent. 2) Make hay while the sun shines. You may not be making that much with other employers in this area or elsewhere. Saves as much as you could. << It is very much "middle income" around these parts. I think the folks having the most success are the dual high earning couples maki...
by KlangFool
Sun Apr 23, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: If you are financially independent, how much monywould you bother to make?
Replies: 31
Views: 3228

Re: If you are financially independent, how much monywould you bother to make?

OP, If you are FI, your life and time are more precious that money. You only live once. So, why would you waste it away to spend time on stuff like this? You should spend more effort on living. I am not FI yet. But, I automated and pre-paid my utility bill. So, when the utility bill shows up, it wil...
by KlangFool
Sun Apr 23, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home in the Bay Area
Replies: 25
Views: 2299

Re: Buying a home in the Bay Area

OP, 1) So, how much is the house that you are looking at? 2) How much down payment and monthly mortgage payment? 3) How much to rent? 4) Can you max up your tax-deferred account contribution after buying the house? If not, you will be paying a lot of tax for all the extra money that you will spend o...
by KlangFool
Sun Apr 23, 2017 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - easiest way to rebalance?
Replies: 15
Views: 1294

Re: Asset Allocation - easiest way to rebalance?

KATNYC wrote:balanced; blended stock/bond .53 ER - BlackRock Global Allocation Collective Fund; Class M Shares


KATNYC,

You may want to find out what this is. This may be the only fund that you need.

KlangFool
by KlangFool
Sun Apr 23, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation - easiest way to rebalance?
Replies: 15
Views: 1294

Re: Asset Allocation - easiest way to rebalance?

OP, Have you considered an easier approach? For example, no rebalancing required? If you pick a fund of funds like target retirement or life strategy fund with 80/20 allocation in your 401K and a small cap value fund in your Trad. / Roth IRA, there is no manual rebalancing required. The fund of fund...
by KlangFool
Sat Apr 22, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

KlangFool.... Over many years I have been an employee for many companies. For a number of those years I have been the boss. And the past few years we have owned our own company. FWIW - and for the most part your advice on this thread is 100% correct. smitcat, I just hope that my posts help some fol...
by KlangFool
Sat Apr 22, 2017 2:10 pm
Forum: Investing - Theory, News & General
Topic: Tax Deferred vs Taxable Account Calculator?
Replies: 19
Views: 1173

Re: Tax Deferred vs Taxable Account Calculator?

What I'm asking is basically a maths question. In the country of Investistan, every individual can invest one $10,000 lump sum for their retirement in two different types of retirement accounts, A and B A) In account A, dividends are taxed every year, but capital appreciation is not. They pay taxes...
by KlangFool
Sat Apr 22, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Just laid off - what to do
Replies: 75
Views: 10738

Re: Just laid off - what to do

Fortune, Are you on 1099 or W2? If you are on 1099, you can fund your own individual 401K and you can shelter more money from tax. https://www.bogleheads.org/wiki/Solo_401(k)_plan << B. What should I do with my existing 401k from my ex. How long it can remain within the current brokerage.>> You can...
by KlangFool
Sat Apr 22, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

Agreed, it's very important to balance this. It can definitely end up in a bad situation if you're aiming to humiliate someone above you, but I've also seen great progress when I've diplomatically advanced ideas, taking care to save face for those that were against it originally. a username for Mik...
by KlangFool
Sat Apr 22, 2017 10:05 am
Forum: Investing - Theory, News & General
Topic: Tax Deferred vs Taxable Account Calculator?
Replies: 19
Views: 1173

Re: Tax Deferred vs Taxable Account Calculator?

Thanks for the replies so far! :happy This is a hypothetical question, more than anything. I'm not even a US citizen or resident, so the specific tax rates in the US don't apply to me. What I'm wondering is, everything else being equal, how much does paying taxes on dividends every year, reduce the...
by KlangFool
Fri Apr 21, 2017 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

http://www.asktheheadhunter.com/10546/glassdoor-judge-employers Folks, There is a very good phrase in the URL that you could use whenever your boss asks for your feedback. << Here’s what to ask the employer (preferably the hiring manager): How to Say It “If you could change anything about your compa...
by KlangFool
Fri Apr 21, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Just laid off - what to do
Replies: 75
Views: 10738

Re: Just laid off - what to do

Update ====== Thanks to everyone for great replies and suggestions. I waited to give updates. I did get kicked-out by end of March and has been working on many leads so far. Lessons learnt (so far): Opportunities are rare and recruiters tend to give low-ball numbers. I don't know where the recruite...
by KlangFool
Fri Apr 21, 2017 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

And I do just that. Which gets back to my original point. I am not saying I am a great leader, but I know my team is happy and we regularly give/receive feedback. So, chances are someone will never feel compelled to go above my head, even when I am annoying, or they disagree, etc. So, I am good. I ...
by KlangFool
Fri Apr 21, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Standalone wrist pedometer/watch?
Replies: 9
Views: 494

Re: Standalone wrist pedometer/watch?

https://www.fivebelow.com/series-8-fitnesss-trade-action-tracker.html OP, Do not know whether it has all the features. But, the price is right, $5 each. KlangFool As long as nisiprius doesn't mind pink - site states:"The style/color we send you will be a surprise" :) Also - I wonder why t...
by KlangFool
Fri Apr 21, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: Standalone wrist pedometer/watch?
Replies: 9
Views: 494

Re: Standalone wrist pedometer/watch?

https://www.fivebelow.com/series-8-fitn ... acker.html

OP,

Do not know whether it has all the features. But, the price is right, $5 each.

KlangFool
by KlangFool
Fri Apr 21, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

And I do just that. Which gets back to my original point. I am not saying I am a great leader, but I know my team is happy and we regularly give/receive feedback. So, chances are someone will never feel compelled to go above my head, even when I am annoying, or they disagree, etc. So, I am good. I ...
by KlangFool
Fri Apr 21, 2017 11:21 am
Forum: Investing - Theory, News & General
Topic: How to optimize savings for major purchases
Replies: 6
Views: 616

Re: How to optimize savings for major purchases

OP, There is another approach which may or may not work for you. Do not save for those purchases. If your annual savings and your portfolio are big enough, there is no need to save for those purchases. You can just use your cash flow to pay for it. For example, if you save 5K per month and you plan ...
by KlangFool
Fri Apr 21, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

And, I have to say, you are known and remembered by the energy you bring. If you champion process change and help/support your struggling colleagues, that is how you will be known. If you complain about your boss and add to the misery of your work culture, you will become associated with that energ...
by KlangFool
Fri Apr 21, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

I am not suggesting that the person should do somebody else's job. Nor am I suggesting that all bosses are open to feedback. Many (most?) aren't. Only you can know whether making suggestions for improvement will be welcome or put you on a blacklist somewhere. That said, the OP was about why we neve...
by KlangFool
Fri Apr 21, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

10YearPlan, Let's assume that you are right, so what? It is not my job to improve my boss. It is his boss's job and responsibility. I am not paid to improve my boss. I have nothing to gain but everything to lose by giving the feedback. Do your own job. Do not do somebody's else job. It is not your ...
by KlangFool
Thu Apr 20, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

Hi Klang, I know I will not be able to win this argument with you, so I won't even try, but let me just say that I respectfully disagree with you on both points. I believe that everyone (regardless of whether he/she is a leader) needs feedback, whether they like it or not. Feedback is critical to g...
by KlangFool
Thu Apr 20, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

If you're brave (and working on that EQ), you could broach the topic with your boss directly. You could say: "Boss, I've noted x, y and z lately and was wondering if you'd be willing to hear my input on how we could improve/change/work together on a solution". OR "Boss, are you open ...
by KlangFool
Thu Apr 20, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

KlangFool, I recognize what you are saying, and I believe there is truth to it in a particular context. On the other hand, I come from a military background, and we are instilled with a teamwork attitude. This doesn't mean we don't recognize rank and chain of command, but my assertion is that it tr...
by KlangFool
Thu Apr 20, 2017 8:12 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 315
Views: 29558

Re: Larry Swedroe says "Goodby."

Thank you, Larry.

Please pm our moderator for any new forthcoming book.

KlangFool
by KlangFool
Thu Apr 20, 2017 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

Folks,

Sometimes, the quickest way to get rid of a bad boss is to let things blow up. If you patch those small holes, the bad boss will be around longer.

"Let it be".

KlangFool
by KlangFool
Thu Apr 20, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

Folks, Why do people underestimate the power of doing nothing? A good organization has a way to get rid of bad managers. You do not have to do anything. It does not have to rely on someone to complain. It should have a process and capability to do this. Now, if the organization keeps the bad manager...
by KlangFool
Thu Apr 20, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

I think it is absolutely your duty to complain about a boss that isn't doing his job as well as he should, but I'm not referring to personality conflicts or bullying. Bad decisions made by a boss have tremendous impacts. It is an "all hands" responsibility to correct a wrong course. I hav...
by KlangFool
Wed Apr 19, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

My opinion only and based on my experience. I assume you don't have a personal gripe with your boss and the issue is not of a sensitive nature like harassment. And that all issues are work related and you want your boss to work bit differently or you want your boss to improve in certain situations ...
by KlangFool
Wed Apr 19, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

OP, <snip> 3) If you have to complain about your boss, it means that you are not being effective in doing your job. It does not matter what kind of boss that you have, you have to be productive. The ability to work with any kind of boss is the sign of maturity and capability. Ditto on working with ...
by KlangFool
Wed Apr 19, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

My opinion only and based on my experience. I assume you don't have a personal gripe with your boss and the issue is not of a sensitive nature like harassment. And that all issues are work related and you want your boss to work bit differently or you want your boss to improve in certain situations ...
by KlangFool
Wed Apr 19, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

One additional piece of information, is that in my current situation, I believe (based on what I have read from some articles online), that what I am currently experiencing with my new boss, is on the spectrum of bullying/hostility. I think that is why the question about why not say anything bad ab...
by KlangFool
Wed Apr 19, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

OP, From the book, "The Secret of Consulting" by Gerald M. Weinberg. If they didn’t hire you, don’t solve their problem. (The Fourth Law of Consulting.) A common occupational disease of consultants: we rush to help people who haven’t asked for help. [KlangFool] You are hired to do your job...
by KlangFool
Wed Apr 19, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 112
Views: 9443

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

OP, 1) In order to be extremely useful to you, how about you post something about what you might say about your boss and we can offer the rebuttal on how it may come back to haunt you. 2) You have a job. You are hired to do your job. How your boss does his/her job is none of your business. It is his...
by KlangFool
Wed Apr 19, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Royalty income and calculating retirement contributions
Replies: 6
Views: 527

Re: Royalty income and calculating retirement contributions

OP,

Vanguard Individual 401K support Roth 401K. So, in this case, you could contribute to Roth 401K instead of Trad. 401K in your individual 401K account.

KlangFool
by KlangFool
Wed Apr 19, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 8890

Re: Why would anyone want to buy bond funds?

For me this 1999 article by Jason Zweig hits the nail on why buy bond funds - in another thread I just pointed this out. I had saved the article that Taylor Larimore referenced. "Why Buy Bonds" short 1999 article by Jason Zweig - as true today as it was in 1999. Dec. 1999 the stock market...
by KlangFool
Tue Apr 18, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5024

Re: How to make best use of lunch with the company president/CEO?

My favorite "breakfast with the CEO" memory was when the CEO was discussing growth opportunities (in our stagnant, declining, buggy whip industry). He offered up some wisdom " If we could find a way to sell every person in China just one fork, we would wildly exceed all the sharehold...
by KlangFool
Tue Apr 18, 2017 1:47 pm
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5024

Re: How to make best use of lunch with the company president/CEO?

Next week, I (along with a couple of other employees) are scheduled for an informal lunch with the president/CEO of our company. This is part of a program for upper management to meet with employees, and we were randomly chosen. Any tips on good questions to ask or things to say? radnor, 1) Be care...
by KlangFool
Tue Apr 18, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Implementing AA Across Taxable and Tax Deferred Accounts
Replies: 4
Views: 390

Re: Implementing AA Across Taxable and Tax Deferred Accounts

In implementing my AA across all my investment accounts, how do I take into account the tax liability of my tax deferred accounts? Approximately 26% of our assets are held in taxable accounts and virtually 100% of those assets are in equities. So all of my fixed income assets are in tax deferred ac...
by KlangFool
Tue Apr 18, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Investors backing off their equity AA primarily due to 8-year bull market?
Replies: 56
Views: 4491

Re: Investors backing off their equity AA primarily due to 8-year bull market?

<<That was then divided into spend, save, invest, and donate buckets,>> 3) I am one portfolio type of person. So, there is only one bucket. It is their money. They get to choose to do whatever they want to do with their money. This one I disagree with completely, other than the "they get to ch...
by KlangFool
Tue Apr 18, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 10714

Re: My kids don't care about saving

Folks, This is my parenting philosophy. So, take it at face value. It may or may not work for others. I do not believe you can teach someone how to manage their money. They have to do it for themselves. They can only learn it by doing. And, it is better and cheaper to make as many mistakes as early ...
by KlangFool
Tue Apr 18, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: Investors backing off their equity AA primarily due to 8-year bull market?
Replies: 56
Views: 4491

Re: Investors backing off their equity AA primarily due to 8-year bull market?

lazydavid, This was not a problem for my children. Everybody's situation varies, and intelligent people may differ on the best approach even when the circumstances are the same. 1) I pooled both my kids' money into one fund at my taxable account. I only have the one, so this trick won't work for me...

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