Search found 4914 matches

by Leesbro63
Wed Jan 17, 2018 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Your favorite non-investing, non-financial websites?
Replies: 45
Views: 15974

Re: Your favorite non-investing, non-financial websites?

Agreed this is great. I'm glad this got revived. I am especially enjoying the recommendation for THE WEALTHY ACCOUNTANT website.
by Leesbro63
Tue Jan 16, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Equivalent of Vanguard Ltd Tx Ex
Replies: 4
Views: 220

Re: Fidelity Equivalent of Vanguard Ltd Tx Ex

Not exactly the same, but thanks for the info, WW.
by Leesbro63
Tue Jan 16, 2018 10:16 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Equivalent of Vanguard Ltd Tx Ex
Replies: 4
Views: 220

Fidelity Equivalent of Vanguard Ltd Tx Ex

Is there a Fidelity equivalent fund to the Vanguard Tax Exempt Limited Fund (VMLUX), Admiral Shares?
by Leesbro63
Mon Jan 15, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 286
Views: 24065

Re: Year 2000 retirees using the '4% rule' - Where are they now?

In preparation for our retirement in late 2011 I began running the 4% initial withdrawal rate, adjusted annually for inflation, scenario for an individual retiring at YE 1999 and YE 2007. I used the actual returns of our portfolio from the performance data provided to us by the Vanguard Group. I us...
by Leesbro63
Mon Jan 15, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: 50/50 AA recommended by Benjamin Graham
Replies: 16
Views: 1517

Re: 50/50 AA recommended by Benjamin Graham

One thing to remember is that Graham has been dead for 40 years and his great work was done 80 years ago. People didn't live as long, in general, and the idea of spending old age living above the garage of an adult child wasn't considered bad. Anyway, there wasn't as along a period for stocks to rec...
by Leesbro63
Mon Jan 15, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 99
Views: 6062

Re: Stats on When People Take Social Security

I agree that there are many various circumstances, some posted here, where people took SS before 70 and it made sense. But my observation is that many rationalize the REAL reason for taking SS before 70. And “the system will be broke by then” is the most common rationalization.
by Leesbro63
Mon Jan 15, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 99
Views: 6062

Stats on When People Take Social Security

I recently ran across a post on social media about when to take SS. And, of course, the advice was to wait as long as possible, assuming decent health. The people went ballistic! Hundreds and hundreds of comments with every reason in the world to take SS at 62, mostly, and just a few at 66. It becam...
by Leesbro63
Fri Jan 12, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: 0W-20 Synthetic Motor Oil
Replies: 44
Views: 5277

Re: 0W-20 Synthetic Motor Oil

My 7 year dormant thread comes alive!
by Leesbro63
Thu Jan 11, 2018 7:26 am
Forum: Personal Consumer Issues
Topic: Rental Car Kiosk Great!
Replies: 2
Views: 384

Rental Car Kiosk Great!

Here’s so Etching actionable for fellow Bogleheads: use the new rental car kiosks at airports and perhaps elsewhere. The lines are (so far) smaller, and you can breeze right through the sales add-ons with just a touch “no, no, no, no, no, no...” Makes the whole “rental counter experience” a pleasure...
by Leesbro63
Tue Jan 09, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 94
Views: 3929

Re: Are Password Managers Really Necessary?

Or must you use a generated password that's long, has lots of non-letter characters, lots of caps and not-caps, and is so difficult that it cannot generally be remembered by average people. I'll defer to the experts and suggest reading NIST’s new password rules – what you need to know – Naked Secur...
by Leesbro63
Tue Jan 09, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 94
Views: 3929

Re: Are Password Managers Really Necessary?

I think the REAL question here is this: Is security so fragile that you need (a) password(s) so robust that it almost requires a password manager to remember it/them? In other words, are "normal", "memorizeable" passwords save enough? Or must you use a generated password that's long, has lots of non...
by Leesbro63
Tue Jan 09, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 286
Views: 24065

Re: Year 2000 retirees using the '4% rule' - Where are they now?

What this shows is that, yeah, a 4 % withdrawal rate, upped w inflation, works over 30 years. But you have to have a stomach of steel and be ok watching your nest egg get at least partially consumed. This argues for Bernstein’s more conservative 2-3%.
by Leesbro63
Mon Jan 08, 2018 11:30 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 94
Views: 3929

Re: Are Password Managers Really Necessary?

How secure is Dropbox? Carbonite?
by Leesbro63
Sun Jan 07, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Backdoor Roth: How Long To Wait For Conversion?
Replies: 58
Views: 11913

Re: Backdoor Roth: How Long To Wait For Conversion?

My view is that the IRS is aware of the backdoor and is not terribly happy about it. The previous administration tried to float changes to the tax code to close it. That tells me that the IRS doesn't think there is a way under the current laws to restrict it. The current administration seems to hav...
by Leesbro63
Thu Jan 04, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 68
Views: 16521

Re: Schwab brokerage incentive $2,500 - - - thoughts?

UPDATE Jan 4, 2018: After some discussion, Schwab agreed to pay the bonus (even though not advertised) with a 12 month lockup of the money. :D I guess the moral of the story is to not be too bashful to ask.
by Leesbro63
Wed Jan 03, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Can one leave just part of an IRA to a Trust?
Replies: 27
Views: 1058

Re: Can one leave just part of an IRA to a Trust?

I am NOT a lawyer. But if it were me, I'd split the IRA into at least 2 pieces, perhaps as many pieces as you have beneficiaries. My direct answer to your question is "I don't know if you can section off a piece of an IRA into a trust". But I wouldn't do it that way anyway. But you can ultimately do...
by Leesbro63
Tue Jan 02, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 68
Views: 16521

Re: Schwab brokerage incentive $2,500 - - - thoughts?

livesoft wrote:
Tue Jan 02, 2018 2:30 pm
Hey, I'm not done yet: Maybe the branch manager had a line item budget for "retention bonus" and had already used up their money earlier in the year?
Ah, it's the first (work) day of the year! :oops:
by Leesbro63
Tue Jan 02, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 68
Views: 16521

Re: Schwab brokerage incentive $2,500 - - - thoughts?

I was sitting in the TDAmeritrade office last month and I asked "How do you make any money off of me?" The rep could not say after looking at my transactions for the year. I suggested that they got some money from the liquidity I provided and some payments for order flow. But it was no where near $...
by Leesbro63
Tue Jan 02, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 68
Views: 16521

Re: Schwab brokerage incentive $2,500 - - - thoughts?

Reviving this old thread. Is Schwab offering $2500 for $1M again in 2018? If so, perhaps it's a hidden bonus because I cannot find it advertised. Schwab generally does not advertise these incentives but they will match anyone’s incentives. I did receive the incentive last year. TD ameritrade may ha...
by Leesbro63
Tue Jan 02, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Schwab brokerage incentive $2,500 - - - thoughts?
Replies: 68
Views: 16521

Re: Schwab brokerage incentive $2,500 - - - thoughts?

Reviving this old thread. Is Schwab offering $2500 for $1M again in 2018? If so, perhaps it's a hidden bonus because I cannot find it advertised.
by Leesbro63
Sun Dec 31, 2017 9:30 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 769
Views: 129773

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Call ETrade. The “retirement bonus” is usually just advertising as it’s time to think about taxes and IRAs. Generally it’s just money to the brokerage. They don’t care if it’s tagged as IRA or taxable. I’ve never seen them NOT give the bonus to taxable accounts that was offered to IRA accounts
by Leesbro63
Fri Dec 29, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Selling a Former Residence
Replies: 1
Views: 146

Selling a Former Residence

A family member owns a townhouse, purchased about 9 years ago. He lived there until January of 2016 and got married in June of 2016. He's rented out the townhouse since he move out in Jan of 2016. There's been substantial appreciation, from about $100,000 to about $200,000, since he purchased it. If...
by Leesbro63
Thu Dec 28, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: CNBC quotes IRS on terms of deductibility of prepaid property taxes
Replies: 79
Views: 5541

Re: CNBC quotes IRS on terms of deductibility of prepaid property taxes

If you have the money, wouldn't it make sense to make the prepayment? There's a reasonable chance that the guidelines will get challenged. And because this is a one time thing, the IRS might decide to back off. There is no "setting a precedent value" to the IRS. And by issuing the guidelines now, it...
by Leesbro63
Wed Dec 27, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: The car dealership model needs to die
Replies: 85
Views: 4462

Re: The car dealership model needs to die

The reason car buying won't go to an Amazon model any time soon is financing and trade ins. Most Bogleheads shop for the lowest price, buy the car, keep it 15 years, and IF PERHAPS they need a new one in only 15 years, they donate the old car to charity, give it to a young family member or junk it. ...
by Leesbro63
Wed Dec 27, 2017 3:45 am
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3483

Re: EU Passport For Cheap College and Other Benefits

I’m not sure I’ll follow through with this, but thank you for this good info! I hear you. It's a PITA. Maybe outsource? Your children/grandchildren will be eternally grateful to you, and it's a way to keep your grandfather's memory alive and retain a connection with the old country. Ah, truthfully ...
by Leesbro63
Wed Dec 27, 2017 3:40 am
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3483

Re: EU Passport For Cheap College and Other Benefits

Watty wrote:
Wed Dec 27, 2017 1:36 am
Leesbro63 wrote:
Mon Dec 25, 2017 12:24 pm
And what are the potential downsides to doing this?
There is a reasonable chance that the kid will decide not to return especially if they decide to marry someone there so you may rarely see them or your grandkids.
Excellent point that I had not thought of, but is of concern!
by Leesbro63
Tue Dec 26, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3483

Re: EU Passport For Cheap College and Other Benefits

I’m not sure I’ll follow through with this, but thank you for this good info!
by Leesbro63
Tue Dec 26, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3483

Re: EU Passport For Cheap College and Other Benefits

This sounds far fetched to me, but someone told me that if I can prove Lithuanian birth of my grandfather (I can) about 1900, I can claim dual citizenship and obtain an EU Passport. If he left Lithuania before 1918, you are out of luck. On the upside, I believe Lithuania recently loosened its dual ...
by Leesbro63
Mon Dec 25, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: EU Passport For Cheap College and Other Benefits
Replies: 52
Views: 3483

EU Passport For Cheap College and Other Benefits

This sounds far fetched to me, but someone told me that if I can prove Lithuanian birth of my grandfather (I can) about 1900, I can claim dual citizenship and obtain an EU Passport. And that my kids and grandkids could go to college and grad school in Europe on the cheap. First of all, can I really ...
by Leesbro63
Mon Dec 25, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

munemaker wrote:
Mon Dec 25, 2017 10:30 am
Leesbro63 wrote:
Mon Dec 25, 2017 10:03 am
...the right tires are far more important than all-wheel drive or a few inches of ground clearance."
The left tires don't matter as much?
OK, that did give me a good holiday laugh! :sharebeer
by Leesbro63
Mon Dec 25, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

I just saw this article. It supports what many of you are saying and refutes what I said. :oops: "As a car reviewer stationed in the snowy badlands of the midwest, it shouldn't be surprising that I'm constantly asked to help find someone an all-wheel drive car. For the nasty snow, conventional wisdo...
by Leesbro63
Sun Dec 24, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: The extended bull market
Replies: 53
Views: 4195

Re: The extended bull market

Regardless of its origin, the term “Pascal’s Wager” has been used in finance discussions at least since the financial crisis. In reference to the unpleasant possibility of getting into a financial situation where you can’t bear the loss of the wager. Continuing to sell safe assets, to buy more risky...
by Leesbro63
Sun Dec 24, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Which cell phone to buy--need good camera?
Replies: 32
Views: 2254

Re: Which cell phone to buy--need good camera?

For what it’s worth, I’m the guy who once asked: “why would anyone want a camera in their phone?”😱

(Also, how can Kinko’s stay in business selling 3cent copies)
by Leesbro63
Sun Dec 24, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Ever tempted to shut it down once you have “enough”?
Replies: 37
Views: 4219

Re: Ever tempted to shut it down once you have “enough”?

I’ve thought long and hard and agree with much of the following sentiment here: 50/50 with a 2% withdrawal rate is about as bulletproof as it gets.
by Leesbro63
Sat Dec 23, 2017 5:03 pm
Forum: Investing - Theory, News & General
Topic: The extended bull market
Replies: 53
Views: 4195

Re: The extended bull market

I am retiring in 2018. Retirement is the only factor which has influenced my investing. I have 50/50 allication in stocks to bonds. I have 5 years cash equivalents i. FI. i don't want to sell stocks when they are down (sequence of events risk) Stocks will crash. Iwill rebalance when that happens. C...
by Leesbro63
Sat Dec 23, 2017 4:31 pm
Forum: Investing - Theory, News & General
Topic: The extended bull market
Replies: 53
Views: 4195

Re: The extended bull market

Since we're in one of the longest bull markets in US history, I was wondering if it has influenced the way any of you are currently investing? Is there anything you are doing more/less of or have changed what you were doing in the past? I am retiring in 2018. Retirement is the only factor which has...
by Leesbro63
Sat Dec 23, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: The extended bull market
Replies: 53
Views: 4195

Re: The extended bull market

Since we're in one of the longest bull markets in US history, I was wondering if it has influenced the way any of you are currently investing? Is there anything you are doing more/less of or have changed what you were doing in the past? I am retiring in 2018. Retirement is the only factor which has...
by Leesbro63
Fri Dec 22, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 123
Views: 7980

Re: Pass Through Entities Questions Thread

My wife is a sole proprietor photographer.,, no LLC/Scorp etc. Does she qualify for this..her net income is around $5K which I usually zero out with a SE 401k deduction. Would we be able to take a $5K - self employment tax SE401k deduction then another below the line 20% deduction of the ($5K-SE ta...
by Leesbro63
Fri Dec 22, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48524

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

When Thuronyi wrote his blog, the conference bill had a bad date. That date was corrected in the final version passed by both houses. The language now states that for tax years after 2016 you cannot pay 2018 state and local income taxes and take the deduction in 2017. Thus, it is specifically prohi...
by Leesbro63
Fri Dec 22, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48524

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

When Thuronyi wrote his blog, the conference bill had a bad date. That date was corrected in the final version passed by both houses. The language now states that for tax years after 2016 you cannot pay 2018 state and local income taxes and take the deduction in 2017. Thus, it is specifically prohi...
by Leesbro63
Fri Dec 22, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

Exactly! With “no futz”!
by Leesbro63
Fri Dec 22, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48524

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

To SuzBanyan, two posts above: Ok, that's very clear. Nevertheless, can anyone here think of any downside, other than the use of the money and perhaps loss of puny interest, to prepaying 2018 state income tax in 2017?
by Leesbro63
Fri Dec 22, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48524

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

The Games They Will Play: An Update on the Conference Committee Tax Bill December 18, 2017 https://poseidon01.ssrn.com/delivery.php?ID=62011600709511507309807506907012206703507409001603703407702612510012100607800408906809811001600411605503900602211201711000107309802502908403910301608002200401909600...
by Leesbro63
Fri Dec 22, 2017 6:20 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

Isn't one main point of getting an all wheel drive SUV the fact that you shouldn't have to futz with snow tires? Nope, a FWD car with snow tires will be significantly more capable than an AWD/4WD with all seasons or summer tires. AWD does not help lateral grip or braking. I disagree if you live in ...
by Leesbro63
Thu Dec 21, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

Isn't one main point of getting an all wheel drive SUV the fact that you shouldn't have to futz with snow tires? Nope, a FWD car with snow tires will be significantly more capable than an AWD/4WD with all seasons or summer tires. AWD does not help lateral grip or braking. I disagree if you live in ...
by Leesbro63
Wed Dec 20, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

Isn't one main point of getting an all wheel drive SUV the fact that you shouldn't have to futz with snow tires? two wheel drive with bald regular tires = bad all wheel drive only = better snow tires only = better all wheel drives and snow tires = best Here in the snowy hills of Pittsburgh, all whe...
by Leesbro63
Wed Dec 20, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48524

Re: Tax Bill Omnibus Thread

Does the estate tax provision expire in 10 years? If it does, then this temporary provision is quite meaningless, as most people don't plan to die within certain time window, and people would still have to assume that current limits return in 10 years. Incorrect, you can transfer the money to a tru...
by Leesbro63
Fri Dec 15, 2017 6:48 pm
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 2162

Re: Lexus RX 350 - new vs. preowned

There are a few benefits to buying new that I think make it worth it: 1. Who knows how the previous driver treated the car. 2. Honda/Toyota cars retain their value very well, even luxury, for good reason, they're reliable. Don't expect a deal (unlike used German Luxury, but they're not as reliable)...
by Leesbro63
Fri Dec 15, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 8207

Re: New Honda CRV is MotorTrend's SUV of the year

Yeah, I get it that snow tires are, well, much better in the snow. But in the real world, most of us buy all wheel drive vehicles for normal winter city/highway driving. That will be better than a vehicle without AWD. But most of us aren't gonna futz with snowtires too.