Search found 9648 matches

by Watty
Sun Jan 22, 2017 9:28 pm
Forum: Personal Consumer Issues
Topic: Shopping for prescriptions
Replies: 9
Views: 326

Re: Shopping for prescriptions

Check the Costco price. In most states you do not need to be a Costco member to use their pharmacy.

There have been a number of threads about Canadian Drugs that you can search for.

You can also check here;

http://www.onlinecanadianpharmacy.com
by Watty
Sun Jan 22, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investment questions
Replies: 11
Views: 841

Re: Investment questions

Watty, I owe about $234,000 at a 3.5% interest rate on a 30 year term. I pay $4,800 extra on principal a year. I have a strong urge to pay off debt, but I am not sure that is the best financial strategy in terms of my mortgage, so I have put my money in investments so far. I might have missed it bu...
by Watty
Sun Jan 22, 2017 1:54 pm
Forum: Personal Consumer Issues
Topic: Extensive Travel & Mobile Lifestyle in Retirement
Replies: 8
Views: 894

Re: Extensive Travel & Mobile Lifestyle in Retirement

planning to place my belongings in storage upon retirement You might want to establish your residency in a state with no state income taxes while you are traveling, this can be a bit more complicated than it sounds so it would take some research since leaving your stuff in storage could make you li...
by Watty
Sun Jan 22, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Selling diamond engagement ring
Replies: 30
Views: 2534

Re: Selling diamond engagement ring

On a related note, Id rather buy a used ring like this then purchase new with those crazy mark ups. Where can I go to buy cheap engagement ring used? There have been a number of threads on where to buy diamonds that you can look up. You can also buy synthetic diamonds on the internet that are chemi...
by Watty
Sun Jan 22, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: adjust anything/suggestions?
Replies: 2
Views: 142

Re: adjust anything/suggestions?

You will get better responses if you provide more of the information that is in this suggested format, but you don't need to follow it exactely.

viewtopic.php?f=1&t=6212


What does "Rental property (owner occupied)" mean?
by Watty
Sun Jan 22, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Scam after death of family member?
Replies: 7
Views: 1393

Re: Scam after death of family member?

Google the phone number and address separately to see if it matches a real law office. If it doesn't match up, I would assume it is a scam. If it does match, I would give them a call. They could easily have the wrong person, although legal research usually doesn't make goofs like this. Who knows, m...
by Watty
Sun Jan 22, 2017 9:35 am
Forum: Forum Issues and Administration
Topic: relocation [Bogleheads website temporarily relocated]
Replies: 5
Views: 480

Re: relocation

Thanks for all your work on this.
by Watty
Sun Jan 22, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 16
Views: 1169

Re: Tax return for adult daughter

I am not sure what the current laws are but at one time I am pretty sure she would still need to be your dependent to stay on your health, dental, car, and possibly umbrella insurance so you should look into that. I think the health insurance may have changed,
by Watty
Sun Jan 22, 2017 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Investment questions
Replies: 11
Views: 841

Re: Investment questions

Sten wrote:I'm most worried about job obsolescence or burnout, needing to take reduced FTE or retiring early. I have a big mortgage and want these accounts partially as backup.


What are the terms on your mortgage?
by Watty
Sat Jan 21, 2017 11:41 pm
Forum: Personal Consumer Issues
Topic: Retiring soon - health insurance planning Cal-COBRA
Replies: 9
Views: 866

Re: Retiring soon - health insurance planning Cal-COBRA

I am looking to retire in the next few months. One thing to consider is that when you change insurance plans you will need to start the new plans deductible all over again. An advantage of using Cobra is that you will not need to start your 2017 deductible over again when you retire. I retired in J...
by Watty
Sat Jan 21, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: Cell phones - I have met my match, please help
Replies: 31
Views: 3463

Re: Cell phones - I have met my match, please help

First check around with your neighbors on which main carriers work. If it is only Verizon, then half the work is done. +1000 I would go one step farther and have them come over to your house and seem how how their cell phone reception is at your house. The problem is that if your coverage is spotty...
by Watty
Sat Jan 21, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: rebalance or too late
Replies: 9
Views: 1088

Re: rebalance or too late

My wife and I are both 65, retired, and in good health. This life expectancy calculator is very simplistic but it shows that there is about an 18% chance (a bit less than one in five) that one of you will live 30 years to be 95 and 5% chance(1 in 20) that one of you will live 35 years to be over 10...
by Watty
Sat Jan 21, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: No health insurance tax penalty
Replies: 27
Views: 1572

Re: No health insurance tax penalty

I know it's intelligent to get insurance asap no matter who you are, but I'm a fit 31 year old who is a health care provider that exercises regularly. Still not smart, I know. +1 Since it sounds like you will not qualify for a subsidy then you can also get quotes directly from other companies and i...
by Watty
Sat Jan 21, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Non-compete for Independent Contractor
Replies: 19
Views: 1299

Re: Non-compete for Independent Contractor

How the courts have ruled really doesn't matter unless you are willing to pay the legal fees to take it to court. The agreement is between the employee and their old employer so I don't know where your wife's company would fit in a lawsuit but I have seen things like someone has a spouse or kid that...
by Watty
Sat Jan 21, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: When/If a degree is useful for software developers?
Replies: 42
Views: 2102

Re: When/If a degree is useful for software developers?

Killjoy's point about the newness of CS degrees leading to this belief you don't need a degree and the analogy to medicine still holds. I really don't think that is a valid comparison. A medical degree is really a Phd level+ degree that may take more than ten years to get from the time they start t...
by Watty
Sat Jan 21, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Help with car buying decision
Replies: 5
Views: 398

Re: Help with car buying decision

The vehicle I drive is a 2010 Corolla with about 150k miles. You are putting a lot of miles on the car but realistically you would only need the SUV for the snow a few weeks out of the year since even in the winter the roads should be pretty OK most of the time. In addition to the cost of buying th...
by Watty
Sat Jan 21, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Pension plan termination options - advice sought
Replies: 7
Views: 827

Re: Pension plan termination options - advice sought

When you get the details it would be good to post them along with the basic details in this suggested format.

viewtopic.php?f=1&t=6212

You can streamline this a lot as needed but it would be good to include most of that information.
by Watty
Sat Jan 21, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Is there anything else I can do? [to cut taxes]
Replies: 18
Views: 1609

Re: Is there anything else I can do? [to cut taxes]

At that level of income you probably need a tax attorney/cpa. +1 You are way out of do-it-yourself territory. One thing to ask them about would be paying off your mortgage. By paying off the mortgage that would reduce the size of your portfolio so that you would have less investment income each yea...
by Watty
Sat Jan 21, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: When/If a degree is useful for software developers?
Replies: 42
Views: 2102

Re: When/If a degree is useful for software developers?

One thing that has not been mentioned is that getting a somewhat specialized non-computer two year associates degree at a local community college might be worthwhile if he has been working in a general area that he is good at since that could complement his computer skills. I'm thinking something li...
by Watty
Sat Jan 21, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: For Target date fund owners in retirement
Replies: 5
Views: 469

Re: For Target date fund owners in retirement

How do you deal with the idea that in a Target fund you will be selling equity in that down market. (Normally I would sell from the fixed part of my portfolio.) I'm retired and mainly using Target date funds but most of my funds are in retirement accounts where taxes are not an issue. I think that ...
by Watty
Sat Jan 21, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Investing for House with Uncertain Timeline
Replies: 9
Views: 704

Re: Investing for House with Uncertain Timeline

It is easy to overthink this since they are unlikely to be in a high tax bracket before they are ready to buy the house. One of the Lifestragety funds would be an easy choice depending on how much risk they are willing to take. https://investor.vanguard.com/mutual-funds/lifestrategy/#/ While they ar...
by Watty
Sat Jan 21, 2017 2:32 am
Forum: Personal Finance (Not Investing)
Topic: When/If a degree is useful for software developers?
Replies: 42
Views: 2102

Re: When/If a degree is useful for software developers?

I have a CS degree and I retired from IT in 2015 but I was not in a hiring position. I don't know where I heard it but I was under the impressions that about five years of good experience could be considered to be equivalent to having a degree. If your husband had gotten a CS degree 20 years ago whe...
by Watty
Sat Jan 21, 2017 1:19 am
Forum: Investing - Theory, News & General
Topic: Reasons against margin aside from risk of margin call?
Replies: 23
Views: 1397

Re: Reasons against margin aside from risk of margin call?

A lot really depends on what you mean by using margin. Often when people talk about this they are talking about using a modest percentage of margin, like 10 to 20 percent to goose their investing returns. If this is what you are thinking of then there are all sorts of issues but one slam dunk easy r...
by Watty
Sat Jan 21, 2017 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Pension plan termination options - advice sought
Replies: 7
Views: 827

Re: Pension plan termination options - advice sought

Has your employer provided you with any details yet? Could you provide more information such as your age, lump sum value, and life time payment options and amounts? +1 Along with your marital status and tax brackets. One other thing to ask about is what happens to the money if you, and any spouse, ...
by Watty
Sat Jan 21, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Where to get $100k for home remodel?
Replies: 33
Views: 3189

Re: Where to get $100k for home remodel?

If the project is expected to cost $100K then you should have a lot more financing than that lined up since the remodel could easily go significantly over budget or take longer than expected. 6. Something else I haven't thought of? Buy a different home that does not need to be remodeled. You could b...
by Watty
Fri Jan 20, 2017 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a house from a colleague
Replies: 34
Views: 2582

Re: Thoughts on buying a house from a colleague

She took it upon herself to find the address of the house from mutual friends. She then drove by the house today. Then she got out and knocked on the door! The dentist's wife answered, and my wife introduced herself. They were packing for their trip to Florida (leave tomorrow), but let my wife in t...
by Watty
Fri Jan 20, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Best way for under 25 to rent a car
Replies: 17
Views: 1135

Re: Best way for under 25 to rent a car

If you work for a large company they might have a corporate rental car agreement that will allow under 25's to rent cars at the corporate rate even if they are renting it for their own use. I think I have heard of agreements like this since there are often recent college graduates that have to trave...
by Watty
Thu Jan 19, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: New Thermostat
Replies: 15
Views: 1282

Re: New Thermostat

You might check with the HVAC company that installed your equipment and let them pick and install one. With multi and variable speed equipment a properly matched thermostat does a lot more than just turning it on and off so how to connect the thermostat configure it may not be obvious. If the equipm...
by Watty
Thu Jan 19, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: ok to pull plug and retire?
Replies: 51
Views: 6657

Re: ok to pull plug and retire?

In round numbers $10,000,000/50 years is $200,000 a year. If you can just keep up with inflation you will be fine. Financially it is a slam dunk easy yes. It would be good to have a clear vision of what your retirement will look like though. There will be few other people your age that are available...
by Watty
Thu Jan 19, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: Target Date Fund - Retirement Years
Replies: 29
Views: 2574

Re: Target Date Fund - Retirement Years

I am doing something not yet mentioned- please poke me if this sounds "unsound". Between my wife and myself we have multiple accounts from our first careers, then our mid careers and our current one. I have simplified things by culling out the "runts" and am down to 3 different ...
by Watty
Wed Jan 18, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Not bad for a community organizer
Replies: 8
Views: 1024

Re: Not bad for a community organizer

Posting a link without a few comments is also not very useful.
by Watty
Wed Jan 18, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Spring Break Family trip advise
Replies: 6
Views: 506

Re: Spring Break Family trip advise

I have had good luck with using Marriott points for a low point cost room at the Courtyard in Melbourne Florida so getting two rooms would be reasonable there. It is about a ten minute drive to the beach. It is quite but the hotel is on a busy road with strip malls so that might not be what you are ...
by Watty
Wed Jan 18, 2017 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is it ok to stop contributing to retirement accounts?
Replies: 11
Views: 2134

Re: Is it ok to stop contributing to retirement accounts?

Does he get a match on his retirement contributions? If so at least put in enough to get this. If it were me I'd contribute less but still put in a little. As raises come in then raise it up what you save with each raise. Regardless of your situation if you can live on less than what you make you a...
by Watty
Wed Jan 18, 2017 11:00 am
Forum: Investing - Theory, News & General
Topic: Using "worst case" portfolio results to help determine asset allocation - yea or nay?
Replies: 35
Views: 2618

Re: Using "worst case" portfolio results to help determine asset allocation - yea or nay?

What you need to consider is what options you have, if any, that you could exercise if the worst case shows up so that your plan doesn't blow up. For example, you could take more risk if you could cut expenses, move to lower cost of living area, perhaps work longer than planned (assuming economy al...
by Watty
Wed Jan 18, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: Assessing risk in rent vs buy decision
Replies: 11
Views: 734

Re: Assessing risk in rent vs buy decision

over our expected 4 years in the home. That makes it simple. Four years is way too short a time to own a home. Housing market are pretty good in most areas right now and people forget that in addition to strong home prices that also makes it easy a quickly to sell a house. In a down housing market ...
by Watty
Wed Jan 18, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Opened Dependent HSA by accident
Replies: 9
Views: 563

Re: Opened Dependent HSA by accident

If she works for a large company then I would encourage her to go down to the HR department in person(not over the phone) and talk to them about it. In my experience there is usually someone named "Martha" or "Harry" that will be informally be able to fix obvious mistakes like li...
by Watty
Wed Jan 18, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: The wisdom of buying a car that doesn't depreciate (much)
Replies: 24
Views: 2777

Re: The wisdom of buying a car that doesn't depreciate (much)

Some factors to consider in your decision; 1) If you put an extra $10,000 into a car and manage to get it back in five years then you will have lost five years of investment income. 2) If you keep a car for five years then sell it for the same price then there might have been 2% inflation each year ...
by Watty
Wed Jan 18, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Taxes on sign-on bonus check
Replies: 31
Views: 2755

Re: Taxes on sign-on bonus check

The check may be an interest free loan that will be forgiven after he completes six months or a year on the job. What makes me suspect that is that it sounds like they didn't withhold any Social Security or Medicare from the check and they would always do that for taxable wages. The reason it might ...
by Watty
Wed Jan 18, 2017 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Investing at times of job insecurity/unemployment
Replies: 14
Views: 1376

Re: Investing at times of job insecurity/unemployment

Have to say I'm a bit surprised that some seem to be recommending going to 100% cash (??) if job loss is expected. If you reread the thread I don't think that anyone suggested selling your current investments, it was more to keep any new money in cash. Part of the confusion might be that we don't k...
by Watty
Wed Jan 18, 2017 12:37 am
Forum: Investing - Help with Personal Investments
Topic: Alternative investments to prepaying Mortgage
Replies: 19
Views: 1916

Re: Alternative investments to prepaying Mortgage

But in the end, I'm not sure if it makes much difference -- and I'm probably overanalyzing it. There really isn't a lot on "meat on the bone" even if things go right with not paying it off and investing the money since the mortgage only last five more years. If it was a 30 year fixed loan...
by Watty
Wed Jan 18, 2017 12:24 am
Forum: Personal Finance (Not Investing)
Topic: Determining max amount to spend on a house?
Replies: 7
Views: 1184

Re: Determining max amount to spend on a house?

There is a wiki an paying off debt vs investing https://www.bogleheads.org/wiki/Paying_down_loans_versus_investing Be sure to budget for earthquake insurance or the cost of risk that you will have earthquake damage without earthquake insurance. I lived in the Bay Area a long time ago and when I was ...
by Watty
Tue Jan 17, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: When is a 401k not worth it?
Replies: 32
Views: 1976

Re: When is a 401k not worth it?

There is a section in the 401k wiki that walks you through the math of deciding when it is too expensive.
https://www.bogleheads.org/wiki/401(k)#Expensive_or_mediocre_choices
by Watty
Tue Jan 17, 2017 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative investments to prepaying Mortgage
Replies: 19
Views: 1916

Re: Alternative investments to prepaying Mortgage

The part that is missing from the analysis is how you will pay the monthly mortgage payment each month if you keep the mortgage. In order to buy a bunch of muni funds that matured in time to pay the mortgage payment you would need to also buy a funds that matured in the years 1 to 4 as well and thos...
by Watty
Tue Jan 17, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Loaning $$$ to Vendor
Replies: 25
Views: 1074

Re: Loaning $$$ to Vendor

I will give an example on how the repayment is going to work We will be ordering $3.5K worth of goods from the vendor this week. That will be due in 30 days. So we are not going to pay for it and will be deducted from the loaned amount. So 20% of 3.5k is $700 .The due amount then becomes $2800 and ...
by Watty
Tue Jan 17, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Amount needed for retiring this year
Replies: 11
Views: 1668

Re: Retirement Amount needed for retiring this year

abjo wrote:
carolinaman wrote:Does the $9,000 monthly expense include all income taxes or are they to be added on?

9000 includes prop taxes, health insurance ($1000/- per person per month) and rightsized home.


What about income taxes?

Does that include any pensions that would be reduced if one of you dies?
by Watty
Tue Jan 17, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Investing at times of job insecurity/unemployment
Replies: 14
Views: 1376

Re: Investing at times of job insecurity/unemployment

Curious to know how people have dealt with similar situations... When ever I have been a job that had layoffs the thing I looked at was to see if the layoff actually fixed the problem or if it was just a band aid. This does not sound like a periodic round of layoffs for house cleaning, of a fix for...
by Watty
Tue Jan 17, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Loaning $$$ to Vendor
Replies: 25
Views: 1074

Re: Loaning $$$ to Vendor

I would start shopping for a different supplier.

If they are that desperate for a loan then they will likely be out of business soon.
by Watty
Tue Jan 17, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Just sold my home and looking to invest proceeds
Replies: 17
Views: 1162

Re: Just sold my home and looking to invest proceeds

tehprince wrote:Another factor in the mortgage, is we are not planning on staying there past 5-7 years from now. Would that alter the opinion of paying down the mortgage faster?


That would make paying down the mortgage an even easier choice since it would be like buying a risk free 3% CD.
by Watty
Tue Jan 17, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Just sold my home and looking to invest proceeds
Replies: 17
Views: 1162

Re: Just sold my home and looking to invest proceeds

Personally, I make sure I can maximize the tax-advantaged accounts (401k, IRA, HSA, etc.) each year ..... +1 on maxing on your all your retirement account. With a new baby due in a few months I would just put the money into a six month CD until the baby is born and things settle down. If both of yo...
by Watty
Tue Jan 17, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Should I contribute to tiny (part-time job) 401(k)?
Replies: 14
Views: 989

Re: Should I contribute to tiny (part-time job) 401(k)?

BUT, given that I am over the income threshold for IRA deductibility if you have a 401(k), my concern is that I'll earn a very small amount from this job ($500?) and then be made ineligible to deduct my IRA contributions because of having contributed to a workplace retirement plan I am not a tax gu...

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