Search found 416 matches

by corner559
Sun Aug 13, 2017 3:01 am
Forum: Personal Consumer Issues
Topic: Trip Cancellation Insurance.
Replies: 37
Views: 2462

Re: Trip Cancellation Insurance.

I frequently travel internationally and have never bought trip cancellation insurance. It's a complete waste of money.
by corner559
Sun Aug 13, 2017 2:58 am
Forum: Personal Consumer Issues
Topic: Your Movie Collection?
Replies: 41
Views: 2690

Re: Your Movie Collection?

These days having a DVD is pointless since everything can now be streamed. Physical DVDs just take up space.
by corner559
Sun Aug 13, 2017 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Investing with VG as a foreigner
Replies: 1
Views: 259

Investing with VG as a foreigner

I've got a friend who lives outside the US and isn't a citizen of a country where VG has a presence. She's got dual citizenship in New Zealand and South Africa and splits her time between the 2. She's interested in investing in their index funds but doesn't know how to go about doing it. Would purch...
by corner559
Mon Jul 10, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 7538

Re: how to destroy hard disk with personal info

I submerge mine in bleach and then salt water for a week. Everything corrodes quite nicely. :happy
by corner559
Tue Jun 27, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8804

Re: Middle age job blues

I'm not familiar with the IT field but can offer this if you want to keep working... 1) Make sure your skills are up-to-date 2) Attend workshops/conferences for your industry regularly. It's great for keeping up to date on the latest trends and for networking 3) Read. Read. Read. This will also help...
by corner559
Tue Jun 27, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Tipping floor subcontractors?
Replies: 12
Views: 839

Re: Tipping floor subcontractors?

I don't tip construction workers but I do sometimes buy them lunch.
by corner559
Tue Jun 27, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 13589

Re: Sam's Club vs. Costco

kjvmartin wrote:
Sam's Club = Wal-Mart in bulk...

Bingo.
by corner559
Tue Jun 27, 2017 12:31 am
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 13589

Re: Sam's Club vs. Costco

*3!4!/5! wrote:Basically Sam's Club and Costco are clones of each other with the only difference being that checking out is quicker at Costco.

They are not clones of each other. Costco stocks higher quality merchandise, and their Kirkland brand is among the best.
by corner559
Mon Jun 26, 2017 6:10 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 13589

Re: Sam's Club vs. Costco

Costco may as well sponsor this forum. Never understood the devotion to that place. Since the folks on this forum are devoted to sound financial decisions, all you have to do is read their responses. It's not rocket science. Just common sense. Completely agree. Costco is clearly the superior choice.
by corner559
Mon Jun 12, 2017 11:38 pm
Forum: Personal Consumer Issues
Topic: Have you canceled cable?
Replies: 90
Views: 6061

Re: Have you canceled cable?

I cancelled my cable a few years ago and will never go back. I just use Netflix and iTunes and a couple other sites. There's no need to have cable anymore. I also don't need or want the hundreds of channels that are forced upon you which is my main reason for ditching cable. Cable companies need to ...
by corner559
Mon Jun 05, 2017 3:26 am
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 92
Views: 9199

Re: Worth it to buy expensive clothes?

When I buy clothes I don't pay outrageous amounts but will spend up to 150 for a nice shirt and the same for pants. I also shop at Old Navy and Gap for things and have found that up to a certain point you get what you pay for. My clothes from Old Navy and Gap don't last long and don't do well after ...
by corner559
Sun Jun 04, 2017 11:33 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 105
Views: 7464

Re: Flying first class, business, versus economy.

Business class is worth it for me for overseas flights because it means I have a seat that I can turn into a bed that I can actually get some real sleep in. First to me isn't worth the extra cost for slightly more room and only marginally better food.
by corner559
Fri Jun 02, 2017 2:06 am
Forum: Personal Finance (Not Investing)
Topic: What realtor commission for selling a 120k condo?
Replies: 2
Views: 713

Re: What realtor commission for selling a 120k condo?

Unless your realtor moonlights as a pro photographer, have the agent get professionally pictures done.
by corner559
Wed Apr 19, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Royalty income and calculating retirement contributions
Replies: 6
Views: 625

Re: Royalty income and calculating retirement contributions

Some royalties almost always go on Sched E like oil and gas royalties, but others like publishing royalties can sometimes go on Sched C (and be eligible for retmt plan contributions if there's net profit). Give us more detail. The royalties are for photos. I used to do only client work but just sta...
by corner559
Wed Apr 19, 2017 6:05 am
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7725

Re: Did anything surprise you in your 2016 taxes?

Realizing that royalty income on my 1099-MISC doesn't count as earned income.
by corner559
Wed Apr 19, 2017 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Royalty income and calculating retirement contributions
Replies: 6
Views: 625

Royalty income and calculating retirement contributions

I live abroad and have a very small side business that's based in the US. Up until now, I've just filed a Schedule C and contributed what I could to my Roth and Individual 401K. This past year, I made much less than usual (under $5,000) and I also got a 1099-MISC from one of the vendors I deal with ...
by corner559
Sun Mar 19, 2017 11:35 pm
Forum: Personal Consumer Issues
Topic: Best way to expand my vocabulary?
Replies: 102
Views: 6450

Re: Best way to expand my vocabulary?

Lots and lots and lots of reading. And not trashy novels but more academically oriented content. I might try picking a subject of interest to you and then try reading an academic peer-reviewed journal in that subject. You'll find an entirely new language and way of using words that is particular to ...
by corner559
Wed Mar 15, 2017 2:08 am
Forum: Investing - Help with Personal Investments
Topic: Expat Wanting to Invest in Vanguard
Replies: 4
Views: 559

Re: Expat Wanting to Invest in Vanguard

As an America expat you absolutely should have an internet based number that uses a US area code. I maintain one and use it for just about everything (banking, when I see doctor in US, etc.). I can't imagine being able to function without it.
by corner559
Tue Mar 07, 2017 6:42 pm
Forum: Investing - Theory, News & General
Topic: Does anyone own gold?
Replies: 114
Views: 10497

Re: Does anyone own gold?

All I own are some small bars of gold I bought more as novelties when I was in Dubai's gold market. But seriously, I've thought on and off about buying some gold as a survival hedge (as opposed to an investment hedge) against something major. While I don't think it makes much investment sense, I don...
by corner559
Mon Mar 06, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 6031

Re: When & how much to donate?

Not to sound rude, but $100 to a charity at your income level and networth is absolutely being CHEAP. I also prefer to give more to just 1 or 2 charities then spread donations out over multiple charities because I know it will have a bigger impact. Not to point out the obvious, but passing judgemen...
by corner559
Mon Mar 06, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 8806

Re: How much do you spend on food in a year?

Party of 1 here. I spend about $10,000 annually on food nearly all on eating out. I don't enjoy cooking.
by corner559
Fri Mar 03, 2017 5:25 am
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 6031

Re: When & how much to donate?

Not to sound rude, but $100 to a charity at your income level and networth is absolutely being CHEAP. I also prefer to give more to just 1 or 2 charities then spread donations out over multiple charities because I know it will have a bigger impact.
by corner559
Fri Mar 03, 2017 1:31 am
Forum: Personal Finance (Not Investing)
Topic: US expats abroad: should I buy health insurance even though I'm covered by employer?
Replies: 24
Views: 1541

Re: US expats abroad: should I buy health insurance even though I'm covered by employer?

After reading through this thread I'm still completely confused (sorry if I missed something) as to whether or not the OP is trying to do this in order to be covered back in the US though a US insurer or if this is additional coverage from a Singapore health insurance company that would cover them g...
by corner559
Thu Mar 02, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: What degree of stock market decline would tempt you to deviate from your AA?
Replies: 87
Views: 6714

Re: What degree of stock market decline would tempt you to deviate from your AA?

None. When the market dropped out in 2008 and I was down 50% I stuck to my AA and it's paid off in dividends since then.
by corner559
Tue Dec 27, 2016 2:05 am
Forum: Investing - Help with Personal Investments
Topic: Individual 401k - Some things I learned from VG
Replies: 8
Views: 1053

Re: Individual 401k - Some things I learned from VG

It's true that admiral shares are not available in Vanguard's individual 401k program, but are we talking about 8 basis points being the main factor for choosing an investment platform? That's the difference between Wellington investor and admiral shares, for example. Lower cost is better other thi...
by corner559
Sun Dec 25, 2016 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: Individual 401k - Some things I learned from VG
Replies: 8
Views: 1053

Individual 401k - Some things I learned from VG

This post is an FYI, not really a question. I spoke with the small business unit at Vanguard to help me with some individual 401k questions and these were some things I learned that were not stated anywhere in their literature (or maybe I overlooked something). I thought this info might be helpful f...
by corner559
Wed Dec 21, 2016 11:51 pm
Forum: Personal Consumer Issues
Topic: Digital Photo backup
Replies: 10
Views: 1347

Re: Digital Photo backup

I use Backblaze to back up my entire drive, including all my photos. I get unlimited storage.
by corner559
Wed Dec 21, 2016 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: 16 yo, first book on investing
Replies: 28
Views: 2084

Re: 16 yo, first book on investing

jb1 wrote:Thank God no one said rich dad poor dad...

I've not read this book but do hear about it from time to time. What's so bad about it?
by corner559
Wed Dec 21, 2016 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: 16 yo, first book on investing
Replies: 28
Views: 2084

Re: 16 yo, first book on investing

I think the best book is Random Walk Guide To Investing. It's easy and straight forward, and you could probably finish it in a day. It's what got me started on the whole Boglehead philosophy. I bought this for both my nephews when they graduated from high school and both really enjoyed it.
by corner559
Wed Dec 21, 2016 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to Drop Wells Fargo for Online Banking
Replies: 48
Views: 3392

Re: Looking to Drop Wells Fargo for Online Banking

So you need to use your credit cards and put that debit card away except for special emergencies. Credit cards are insured. Debit cards are not. Let's not spread disinformation here. According to the law, the Electronic Funds Transfer Act (EFTA), Electronic Fund Transfers (Regulation E) Section 100...
by corner559
Wed Dec 21, 2016 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: How do you track your finances?
Replies: 79
Views: 7354

Re: How do you track your finances?

I used MS Money until they stopped making it and now just track all my expenses, asset allocation, etc. in Excel in sheets I've customized for myself.
by corner559
Wed Dec 21, 2016 6:40 pm
Forum: Personal Consumer Issues
Topic: Coach bag for wife - how to buy
Replies: 73
Views: 6117

Re: Coach bag for wife - how to buy

Do NOT go to the outlet. You get outlet quality stuff there. Read the article in Consumer Reports and other reputable places. It's NOT the same. Go to the Coach store at the mall, get the latest and greatest, pay full retail, and move on with life. Happy wife.... We had a problem with one Coach bag...
by corner559
Wed Dec 21, 2016 1:51 am
Forum: Personal Consumer Issues
Topic: Is it rude to dispose of unwanted gifts?
Replies: 60
Views: 6097

Re: Is it rude to dispose of unwanted gifts?

Accept the gifts and re-gift them or donate them if you don't want them. To tell them to stop bringing you gifts beyond "Oh, you shoudn't have" is just plain rude.
by corner559
Sun Dec 18, 2016 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Unclear on Solo 401k for very small income
Replies: 4
Views: 391

Re: Unclear on Solo 401k for very small income

I'm in the same boat. I've also go a very small side business that brings in less than 18,000. My understanding is that you can contribute the entire $1,000 which is one of the reasons I switched to this from a SEP just recently. Though there are much more knowledgeable people on here that could giv...
by corner559
Sun Dec 18, 2016 6:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 16412

Re: How Did You Become A Boglehead? What Led You Here?

Malkiel's "Random Walk Guide to Investing" brought me here. My favorite book on investing to date. And I've read a lot of investing books.
by corner559
Sun Dec 18, 2016 6:32 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 30316

Re: Chase Sapphire Reserve: Too good to be (completely) true

Can we stop making new posts about this card? There is a megathread on CC rewards and all this stuff should stay in there IMO. I totally disagree. Things get buried in those megathreads, and these offshoot threads are a way for people to discuss details that are important to them without getting lo...
by corner559
Fri Dec 16, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan Contributions (Solo Roth 401k, SEP, Roth)
Replies: 7
Views: 969

Re: Retirement Plan Contributions (Solo Roth 401k, SEP, Roth)

[*]Yes, you can contribute more to a Solo 401k than you can to a SEP at this income level. The determination on whether to use a post-tax Roth account vs. a pre-tax traditional account should be based on your current marginal tax rate, your future marginal tax rate, and personal circumstances Do no...
by corner559
Thu Dec 15, 2016 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Has anyone adjusted their retirement account AA with the market increase?
Replies: 26
Views: 2407

Re: Has anyone adjusted their retirement account AA with the market increase?

See no reason to. My AA will remain the same regardless of what the market does.
by corner559
Thu Dec 15, 2016 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan Contributions (Solo Roth 401k, SEP, Roth)
Replies: 7
Views: 969

Re: Retirement Plan Contributions (Solo Roth 401k, SEP, Roth)

Not generally. You can not have a 5305-SEP and a Solo 401k plan at the same time. Almost all SEP IRAs from mainstream providers are 5305-SEPs. Could you answer some questions? ⋅ Have you made any SEP IRA contributions for this tax year? ⋅ What was the effective date of your Solo...
by corner559
Wed Dec 14, 2016 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan Contributions (Solo Roth 401k, SEP, Roth)
Replies: 7
Views: 969

Retirement Plan Contributions (Solo Roth 401k, SEP, Roth)

I've had a SEP IRA for 5 years for my small business and just opened a Solo Roth 401k. In addition, I also have a personal Roth IRA. Am I now permitted to contribute the max allowable to all 3 accounts? Or do I have to stop contributing to my SEP?
by corner559
Thu Dec 08, 2016 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Telephoning Vanguard
Replies: 77
Views: 6037

Re: Telephoning Vanguard

I called last week and the rep transferred me to the wrong department, and then I got disconnected. Wait time was about 15 minutes. I called back and then was told the wait would be 45 minutes. I just hung up in frustration. Never got my issue resolved. A 30+ minute wait time is TOTALLY unacceptable.
by corner559
Thu Dec 08, 2016 9:42 pm
Forum: Investing - Theory, News & General
Topic: McDonald's Stock
Replies: 103
Views: 10494

Re: McDonald's Stock

nisiprius wrote:Arch Deluxe, we hardly knew ya.


I don't know why these were so unpopular. I really liked this burger.
by corner559
Thu Dec 08, 2016 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k tax filing
Replies: 5
Views: 579

Re: Solo 401k tax filing

Many thanks for the quick and helpful answers!
by corner559
Thu Dec 08, 2016 12:29 am
Forum: Investing - Theory, News & General
Topic: McDonald's Stock
Replies: 103
Views: 10494

Re: McDonald's Stock

I've owned this stock for years and like the dividends. Whatever the ups and downs, I'm in for the long haul and will hold it forever. The free food coupons they sometimes mail out to shareholders isn't bad either.
by corner559
Sun Dec 04, 2016 10:35 am
Forum: Personal Consumer Issues
Topic: Help me replace my beloved shoes...
Replies: 8
Views: 1357

Re: Help me replace my beloved shoes...

I know this doesn't help you with your current pair, but whenever I find shoes or jeans that I absolutely love I always buy multiples. For shoes I'll buy 2-3 pairs and for jeans I'll buy up to 7 or 8 pairs in varying colors so that way I know I'll have something I know that fits me well for a very, ...
by corner559
Sun Dec 04, 2016 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Solo 401k tax filing
Replies: 5
Views: 579

Solo 401k tax filing

I would like to open up a solo 401k for my sole proprietorship. Currently, I just file the taxes for my business under my SSN. VG requires I get an EIN which I plan on doing. However, come tax time, will I now have to file taxes separately under the EIN or can I continue to file using my SSN? I pres...
by corner559
Fri Dec 02, 2016 1:28 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 127
Views: 7889

Re: What percentage of international do you hold?

I have read quite a few points about holding a total international stock fund except US, but the range varies quite a lot. If I could find a common percentage, I think it may be 15% What percentage do you hold? I hold 100% international. I'm not sure why I should hold 85% of my assets in the Vietna...