Search found 150 matches

by Pete12
Tue Oct 03, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Two Nights in Quebec City - Must See Suggestions, anyone?
Replies: 16
Views: 1211

Re: Two Nights in Quebec City - Must See Suggestions, anyone?

We had booked a regular room for our trip at the Chateau Frontenac. When we checked in there were a couple of problems with the room, so they upgraded us to the club level. Our new room was in one of the turrets at the top! It was a very cool experience. Don't miss the honey from the bee hives on th...
by Pete12
Mon Oct 02, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Two Nights in Quebec City - Must See Suggestions, anyone?
Replies: 16
Views: 1211

Re: Two Nights in Quebec City - Must See Suggestions, anyone?

As you only have two nights I would stick to the old town area. The citadel and the Plains of Abraham can be explored in half a day. Check out the Chateau Frontenac as well which is close by. Be sure to ride the funicular too. We also did a walking food tour which was an enjoyable way to spend a few...
by Pete12
Thu Jul 27, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Quit my 6-figure job?
Replies: 84
Views: 9183

Re: Should I Quit my 6-figure job?

I left a 6 figure job when I was in my early 30's hated it. I tried a few others things that eventually convinced me that the grass wasn't greener somewhere else and happiness was within me. So I started a business. That was 21 years ago. Never looked back after that. I was in a similar position ab...
by Pete12
Fri Jul 14, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Big change in our situation affecting our AA- how to handle?
Replies: 11
Views: 1213

Re: Big change in our situation affecting our AA- how to handle?

Thanks again all, I understand the concept of looking at it like any other asset purchase such as a home or a car. One thing I hadn't really thought of before was that it's not like investing in a total bond index fund- since the funds are all tied up in one firm there is some risk due to non-divers...
by Pete12
Thu Jul 13, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Big change in our situation affecting our AA- how to handle?
Replies: 11
Views: 1213

Re: Big change in our situation affecting our AA- how to handle?

Thanks all, The interest will be subject to both income and self-employment tax as far as I can gather.... I understand the point about ignoring the capital account, but this is money we would have otherwise invested so psychologically having a hard time with that concept... TomatoTomahto- Neither w...
by Pete12
Thu Jul 13, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Big change in our situation affecting our AA- how to handle?
Replies: 11
Views: 1213

Big change in our situation affecting our AA- how to handle?

My wife has just been made a partner in the firm she works at – as part of this she has to buy into the firm by funding a capital account with a certain amount. The capital account will receive interest at 5%. If she leaves the firm, the account would be repaid to her. She plans to fund the account ...
by Pete12
Thu Jul 13, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Video showing how buying indexed universal life leaves you worse off versus investing in stocks & bonds.
Replies: 6
Views: 773

Re: Video showing how buying indexed universal life leaves you worse off versus investing in stocks & bonds.

I haven't clicked on the links, but poster Bogle_Feet has been pretty consistent in his recommendations for videos, as in this thread. So consistent, in fact....well, never mind. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=221805&p=3421885#p3421885 Great thanks! This was the one: https://w...
by Pete12
Tue Jul 11, 2017 7:36 pm
Forum: Investing - Theory, News & General
Topic: Video showing how buying indexed universal life leaves you worse off versus investing in stocks & bonds.
Replies: 6
Views: 773

Re: Video showing how buying indexed universal life leaves you worse off versus investing in stocks & bonds.

I don't know if this is what you were looking for, but take a look. Scroll down to the post by BL, which contains several links. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=218347&p=3359599&hilit=indexed+universal+life#p3359599 If that's not it, take a look here: https://www.bogleheads.org...
by Pete12
Tue Jul 11, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: Video showing how buying indexed universal life leaves you worse off versus investing in stocks & bonds.
Replies: 6
Views: 773

Video showing how buying indexed universal life leaves you worse off versus investing in stocks & bonds.

A while ago someone here posted a link to a Youtube video of a person using an Excel spreadsheet to demonstrate how buying an indexed universal life policy was worse than investing in stocks & bonds. I can't for the life of me find it again, either by searching here, or on Google. Would someone be k...
by Pete12
Wed Jun 28, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Best Alternative to Vanguard (Taxable Investing)
Replies: 12
Views: 930

Re: Best Alternative to Vanguard (Taxable Investing)

Assuming OP works for PWC he/she/they may be interested in this question I asked a while back: viewtopic.php?t=196357
by Pete12
Mon Apr 24, 2017 9:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Re: AARRGGHH

Doc wrote:Just got number 4 correction from Schwab.

Vanguard 2 vs. Schwab 4

Surely this has to be a record!!
by Pete12
Tue Mar 28, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Timing of contributions to taxable and retirement accounts (not market timing!)
Replies: 5
Views: 629

Re: Timing of contributions to taxable and retirement accounts (not market timing!)

Thanks all, seems like there's not much difference then. I'm self employed so employer match does not come into play...
by Pete12
Mon Mar 27, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of contributions to taxable and retirement accounts (not market timing!)
Replies: 5
Views: 629

Timing of contributions to taxable and retirement accounts (not market timing!)

I am fortunately in the position to max out the “employee” portion of my solo 401k for 2017 already. I also do my “employer” portion of 401k contributions each quarter based on estimated profit after SE tax deduction. I will also have some surplus cash to invest in taxable over the course of the yea...
by Pete12
Wed Mar 22, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: What is your preferred Weather App?
Replies: 55
Views: 4181

Re: What is your preferred Weather App?

+1 for Weather.gov, the mobile site is easy to use. They give the weather to you straight, no hype, and no ads.
by Pete12
Sat Mar 18, 2017 11:40 am
Forum: Investing - Theory, News & General
Topic: Bogle Interview CNN - Sat.
Replies: 71
Views: 6026

Re: Bogle Interview on CNN Today - Link

Great interview. I loved what he said when asked if he had any regrets about not having made more money from founding Vanguard. It meant he had less to give away to good causes...
by Pete12
Wed Mar 15, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: BND Jumps 0.5% on Fed Announcement
Replies: 43
Views: 4848

Re: BND Jumps 0.5% on Fed Announcement

This is a good lesson which proves our Boglehead ways are best: ignore the noise, stay the course...
by Pete12
Wed Mar 15, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Re: Vanguard corrected 1099B is now incorrect

Finally received the 2nd corrected 1099B from Vanguard which now matches exactly back to the original one! So it looks like we are all good now. To be honest I was expecting much more of a hassle with Vanguard to get this resolved, but in the end it just took one email to them and it was taken care ...
by Pete12
Sat Mar 11, 2017 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard taxable experience in 2017
Replies: 6
Views: 944

Re: Vanguard taxable experience in 2017

I've been having an ongoing issue that I have posted about here: https://www.bogleheads.org/forum/viewtopic.php?p=3274345 In fairness it seems to be getting fixed but I think the lesson is that you really do need to continuously monitor your account to spot errors. Most Bogleheads probably are quite...
by Pete12
Fri Mar 10, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: What to do with all these passwords ?
Replies: 125
Views: 12705

Re: What to do with all these passwords ?

Quite honestly I have them all written down in a little book that is hidden away, my wife knows where it is! I have looked at those online password managers, but what happens when they get hacked?
by Pete12
Thu Mar 09, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Re: Vanguard corrected 1099B is now incorrect

Yikes! I knew that Charles Schwab always messes up the 1099B calculations, so you have to do cost basis by hand yourself. But I never imagined I'd have to watch out at Vanguard, too. I have read here that Vanguard has had cost basis issues for a lot of folks who transitioned from their mutual funds...
by Pete12
Thu Mar 09, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Re: Vanguard corrected 1099B is now incorrect

Heard back from Vanguard last night, they have escalated the issue to the resolution department- requested I give them until first week of April for a reply. Then this morning I got an email stating that my "brokerage transaction confirmation is available." Logged on and it looks like my t...
by Pete12
Tue Mar 07, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Re: Vanguard corrected 1099B is now incorrect

Doing some more digging on this while I'm waiting to hear back from Vanguard. Looking at the lots I still own of Total International Index, Vanguard is now showing I still own lots that were clearly sold and that show up as sold on my trade confirmation! So this seems to be more than just a tax repo...
by Pete12
Mon Mar 06, 2017 10:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Re: Vanguard corrected 1099B is now incorrect

Do you have any email confirmations/ statements from that time showing the method of accounting you chose? I have found Vanguard reps realize their system's stupidity better if you make them read out their own confirmation and then show how the system actually did something else. In the long run, i...
by Pete12
Mon Mar 06, 2017 8:46 pm
Forum: Investing - Theory, News & General
Topic: Vanguard corrected 1099B is now incorrect
Replies: 20
Views: 2974

Vanguard corrected 1099B is now incorrect

Vanguard sent me a corrected 1099B today for my brokerage account, but the corrected version is now incorrect! The original version was correct. I sold some lots of Total International Index Admiral on 11/23/16 using specific ID cost basis method as part of a TLH (first time doing this and I was pra...
by Pete12
Mon Feb 27, 2017 8:28 am
Forum: Investing - Theory, News & General
Topic: "Buffett: Indexing the Best Choice for Investors Large and Small"
Replies: 16
Views: 2871

Re: "Buffett: Indexing the Best Choice for Investors Large and Small"

I loved what Buffett wrote about Jack Bogle in his letter: "If a statue is ever erected to honor the person who has done the most for American investors, the hands- down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. In his crusade, h...
by Pete12
Fri Feb 17, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: Just made 2017 IRA contributions... so relaxing!
Replies: 7
Views: 1198

Re: Just made 2017 IRA contributions... so relaxing!

fantasytensai wrote:Congrats! Just a friendly reminder that you can still contribute to your 2016 IRA until 4/18.

Thanks! We managed to do our 2016 contribution last summer, unfortunately prior to that we missed out due to the way the cookie crumbled...
by Pete12
Fri Feb 17, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: Just made 2017 IRA contributions... so relaxing!
Replies: 7
Views: 1198

Just made 2017 IRA contributions... so relaxing!

Almost 8 months in of being officially a "Boglehead"... Today I made our 2017 Roth IRA contributions at Vanguard and I have to say it was such a relaxing experience! No agonizing about what will happen with the markets, no listening to my old FA drone on and on while proposing 8 different ...
by Pete12
Sat Feb 04, 2017 10:08 am
Forum: Local Chapters and Bogleheads Community
Topic: Amazon Smile: John C Bogle Center
Replies: 22
Views: 3899

Re: Amazon Smile: John C Bogle Center

Just ordered a rather expensive toner cartridge from Amazon this morning - should be a few more pennies for the cause!
by Pete12
Sat Feb 04, 2017 10:06 am
Forum: Investing - Help with Personal Investments
Topic: All investments with Vanguard - Should I diversify
Replies: 19
Views: 2218

Re: All investments with Vanguard - Should I diversify

We have our retirement accounts at Fidelity, taxable account at Vanguard. It wasn't specifically planned this way but I am happy with how it ended up and I am not looking to consolidate further.
by Pete12
Wed Feb 01, 2017 6:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: Amazon Smile: John C Bogle Center
Replies: 22
Views: 3899

Amazon Smile: John C Bogle Center

Bogleheads: For the past few months whenever ordering something from Amazon.com, I have used Amazon Smile to get a donation to the John C Bogle Center for Financial Literacy. An interesting link popped up today when placing an order which allows one to see the amount donated so far. The grand total ...
by Pete12
Mon Jan 30, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: Single Malt Scotch-time for another thread?
Replies: 69
Views: 7316

Re: Single Malt Scotch-time for another thread?

Talisker 10 here on a cold, snowy winter night, the wind howling outside, when I am brooding and in need of some contemplation on life...
by Pete12
Mon Jan 30, 2017 8:06 pm
Forum: Personal Consumer Issues
Topic: Is joining a country club a character flaw?
Replies: 101
Views: 9559

Re: Is joining a country club a character flaw?

I think if you join the right club it can be a rewarding experience. We have been members of our local club for the past 5 years. It’s quite a small club (approx. 300 members) and is very family oriented. We have sailing, tennis courts, a swimming pool and a bowling alley. For us it’s a very social ...
by Pete12
Wed Jan 25, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: Naked Wines
Replies: 9
Views: 1580

Re: Naked Wines

PaulF wrote:I think the OP was referring to the wine club https://us.nakedwines.com/?region=WI

I think Woodshark is referring to Simply Naked Winery http://www.simplynakedwines.com/where-to-buy.php

Thank you, yes I was referring to the former.
by Pete12
Wed Jan 25, 2017 2:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 10744

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Dear Taylor,

Happy Birthday! Wishing you all the very best of health and happiness!

Pete
by Pete12
Tue Jan 24, 2017 6:54 pm
Forum: Personal Consumer Issues
Topic: Naked Wines
Replies: 9
Views: 1580

Naked Wines

Has anyone here ordered from Naked Wines? (us.nakedwines.com) A friend of mine in the UK (who imports fine cheeses for a living) was raving about them although it seems the UK version has a larger selection of wines than the US version. I normally buy my wine at Costco but lately have been feeling a...
by Pete12
Fri Jan 13, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Thinking about leaving Ameriprise
Replies: 40
Views: 2248

Re: Thinking about leaving Ameriprise

My old FA at HSBC told me he considered me a "friend" a while ago. Since moving over to index funds at Fidelity I haven't heard from him since. Some "friend"!
by Pete12
Mon Dec 19, 2016 8:17 pm
Forum: Personal Consumer Issues
Topic: Omaha Steaks....Who else for mail-order steaks?
Replies: 26
Views: 3393

Re: Omaha Steaks....Who else for mail-order steaks?

Pat LaFrieda - m Sells dry aged and Prime beef. Much much better than Omaha but probably significantly more expensive. +1 for Pat LaFrieda. The steaks come fresh and individually wrapped in vacuum packs. We've had equal success cooking them fresh out of the pack, and also freezing them to cook at a...
by Pete12
Wed Dec 07, 2016 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Another "emergency fund in muni bonds" question...
Replies: 14
Views: 1700

Re: Another "emergency fund in muni bonds" question...

This is true, for now. Vanguard's long-term muni funds have often been pretty close to intermediate-term funds in duration, and they've sometimes been called "long intermediate-term funds." However, duration is a snapshot, and it's really meant to help compare volatility. Duration can cha...
by Pete12
Tue Dec 06, 2016 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Another "emergency fund in muni bonds" question...
Replies: 14
Views: 1700

Re: Another "emergency fund in muni bonds" question...

Personally, I'm not a fan of long-term bond funds in general, and I've always invested in intermediate term funds just because of the volatility. Using a long-term bond fund for an "emergency fund" wouldn't be my first choice but others will disagree. I would tend to agree with you, howev...
by Pete12
Tue Dec 06, 2016 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Another "emergency fund in muni bonds" question...
Replies: 14
Views: 1700

Re: Another "emergency fund in muni bonds" question...

The first thing that's overlooked is that the canonical "emergency" is job loss, but that's a very special case due to the existence of unemployment compensation in most states for most "good jobs." That's a great point and I have never really factored that in to anything. In ou...
by Pete12
Tue Dec 06, 2016 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Another "emergency fund in muni bonds" question...
Replies: 14
Views: 1700

Re: Another "emergency fund in muni bonds" question...

Emergency funds can be used for a variety of "emergencies." If the emergency is immediate, are you going to be OK with selling shares in your long-term bond fund at a significant loss? It can take quite a bit of interest to make up for a short-term loss in principal. I agree there is some...
by Pete12
Tue Dec 06, 2016 11:35 am
Forum: Personal Consumer Issues
Topic: Flying Across Atlantic with 98th Percentile 18-Month Child
Replies: 114
Views: 8485

Re: Flying Across Atlantic with 98th Percentile 18-Month Child

We fly from the East Coast US to England once a year to see family. When my son was 13 months old we made the mistake of flying with him as a lap child. Now he was not a particularly wiggly toddler, but by the end of each flight every person on the plane knew his name, between us yelling at him to k...
by Pete12
Tue Dec 06, 2016 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity or Vanguard
Replies: 45
Views: 4207

Re: Fidelity or Vanguard

We use both- Vanguard for our taxable account and Roth IRAs, Fidelity for 401(k) plans. Both have been fine, although I have never needed to call Vanguard about anything. The website is a bit clunky compared to Fidelity but once you are accustomed to it it's fine. Haven't had any issues with record ...
by Pete12
Tue Dec 06, 2016 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Another "emergency fund in muni bonds" question...
Replies: 14
Views: 1700

Another "emergency fund in muni bonds" question...

We currently have 6 months worth of living expenses in our emergency fund, sitting in a 1% interest FDIC insured account. We are in the top tax bracket for Federal and NY state, as well as subject to AMT. All available retirement accounts and HSA are maxed out each year. We are very fortunate in tha...
by Pete12
Wed Nov 30, 2016 1:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 62
Views: 6334

livesoft is almost at 50,000 posts...

Can you feel the excitement...

Seriously though, I would like to thank livesoft for chiming in on some of my questions over the past few months- I do enjoy reading the responses and I'm sure I'm not alone here in being grateful for the wit and wisdom.

Thank you livesoft! :sharebeer
by Pete12
Wed Nov 30, 2016 12:47 pm
Forum: Personal Consumer Issues
Topic: FIRE how do you live now
Replies: 56
Views: 7943

Re: FIRE how do you live now

What a nice thread and some wonderful things to aspire to here. However being in my early 40s with a wife, 2 kids, and a mortgage I am conscious that the only time that exists is the present- the past is gone and future hasn't happened yet. I try hard to make the most of each day as it comes and be ...