Search found 621 matches

by dad2000
Wed May 03, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 64
Views: 6963

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

Blah, blah, blah...

Vanguard Lifestrategy Income is an extremely low risk fund, and it still smoked the fund-of-funds. He can cherry pick all he wants, but he probably loses a 10 year bet to any well-diversified index/allocation fund 95% of the time.
by dad2000
Mon May 01, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: If you had 30,000 dollars to invest in your future, how would you do it?
Replies: 49
Views: 5111

Re: If you had 30,000 dollars to invest in your future, how would you do it?

Agree with previous posters.

Maximize your human capital. Continue your education.
by dad2000
Tue Apr 04, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 14436

Re: Social Security for Millennials

I have a question that I hope is demographic and not political: I'm in Generation X, which is a relatively small generation sandwiched between two huge generations (Baby Boomers and Millennials). If Social Security survives the Baby Boomers, won't it be in pretty good shape for Generation X (becaus...
by dad2000
Fri Mar 31, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Not opting for 529... anyone else?
Replies: 175
Views: 10772

Re: Not opting for 529... anyone else?

I see 529s as mostly benefiting those who are confident that they can max out all other regular tax shelters through their kids childhood, and are still left in a high marginal tax bracket (say 33%+). People in this group probably aren't going to benefit much from filling out FAFSA. I fall into this...
by dad2000
Thu Mar 30, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: reduce workplace tax witholding to afford more retirement contributions
Replies: 10
Views: 541

Re: reduce workplace tax witholding to afford more retirement contributions

I'm not quite sure I understand. Are you switching to a job that does not offer a 401K, so you want to contribute the maximum to your existing before leaving? AFAIK, you typically don't manipulate your 401K contribution by playing around with your federal and state withholding. At my employer, I go ...
by dad2000
Tue Mar 28, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: What's your personal criteria for deciding whether or not to rent a car?
Replies: 102
Views: 4675

Re: What's your personal criteria for deciding whether or not to rent a car?

Only if I needed something bigger that what I own. Most of my car rental calculations revolve around what do if I've flown somewhere. Then I have to weigh public transport/Uber/cab vs rental/parking. But it's not always about the money. For example, driving and parking a car within San Francisco and...
by dad2000
Tue Mar 28, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?
Replies: 33
Views: 3047

Re: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?

Put it into vanguard balanced index, and dont touch it for 40 years, or until you learn about investing for minimum 5 years. Or, put it into total stock market and dont touch it ever. Or invest in yourself - grad school, MBA school, etc. if needed for your career. Lots of nuances but if you put the...
by dad2000
Sat Mar 25, 2017 7:11 pm
Forum: Personal Consumer Issues
Topic: planning to visit San Francisco for a short break
Replies: 23
Views: 1763

Re: planning to visit San Francisco for a short break

I got a good deal on the Best Western near Fisherman's Wharf last year. It's a nice place and was reasonably priced. They were very accommodating. Definitely don't drive within the city. I got parking through Parking Panda 2 blocks from the hotel for $20 per night which was worth it. +1 on Muir Wood...
by dad2000
Sat Mar 25, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: "Designing Your "Glide Path"
Replies: 25
Views: 3312

Re: "Designing Your "Glide Path"

I follow the method he titled: Decrease Stocks By Percent of “Enough” Why? Because I could retire today at age 51 using a 3% SWR at a level that most people would deem adequate, and I have zero debt with 2 houses paid off. I don't feel like I have a great need to take risk. I'm at 65/35 and will gli...
by dad2000
Fri Mar 24, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 5659

Re: Are Bogleheads in the minority on the use of investment advisors?

Depends on who you are considering in the study. Based on articles I've seen, more than half of working age Americans don't have $25k saved for retirement, so I'd assume they don't have or need investment advisors. Of the people I know with an investment portfolio of more than $500k, most have inves...
by dad2000
Fri Mar 17, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Camcorder recommendations
Replies: 45
Views: 2361

Re: Camcorder recommendations

Dead cat cover looks like an ear muff that goes over the microphone. It is a cheap way of filtering out noise. You definitely want the external wireless mic. I don't recommend just setting it on a table. You can get a flexible tripod from Amazon for $10-15 that you can put on a table, or wrap around...
by dad2000
Fri Mar 10, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: y 401k plan was completely overhauled - and I don't like it
Replies: 18
Views: 2002

Re: y 401k plan was completely overhauled - and I don't like it

I'm sure that if you dig a little, you can figure out the AAs of the SSGA Target date funds.

My decision to continue the rollover would be primarily based on the ERs of the new funds. As long as they're 20bp or less, I'd be inclined to let it slide. Otherwise I'd do the IRA.
by dad2000
Fri Mar 10, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund for business - best practice?
Replies: 10
Views: 737

Re: Emergency fund for business - best practice?

You don't mention what portion of the $20k represents your salaries, but if it's high, and you each already have personal emergency funds, then you could probably do with less.

We have about 2 months in cash, and some lines of credit, but for a larger business.
by dad2000
Thu Mar 02, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: Great Portfolio Analzer
Replies: 16
Views: 1972

Re: Great Portfolio Analzer

(Very helpful if you have lots of individual holdings at different brokerages) capgain22: If that's your situation, read my "Simplicity" link below. Best wishes. Taylor Unfortunately, our tax and legal systems don't allow for simplicity and tax-efficiency. And you can't choose where your ...
by dad2000
Wed Feb 22, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: Best fencing for a dog
Replies: 35
Views: 2057

Re: Best fencing for a dog

I've had both kinds of fences. My climate and back yard sound fairly similar to yours, and my dog (a boxer) is bigger and probably more playful than the doodle. I wouldn't recommend the electric fence. It's more of a deterrent that a barrier, and trenching it in the woods would be difficult if not i...
by dad2000
Fri Feb 17, 2017 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Does anyone have experience with Fidelity BrokerageLink?
Replies: 14
Views: 866

Re: Does anyone have experience with Fidelity BrokerageLink?

Don't want to hijack the thread but which funds are commission free? I have heard ishares funds and etfs and commission free on brokeragelink but would like a comprehensive list so I can see what my options are. I would call your 401k provider and ask for details - I would not assume there is a one...
by dad2000
Sat Feb 04, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Looking for AC or cooled front seats - SUVs
Replies: 18
Views: 1926

Re: Looking for AC or cooled front seats - SUVs

It's mid-sized, and may not technically be an SUV, but the Nissan Murano has optional cooled seats that work quite well.
by dad2000
Fri Jan 13, 2017 11:35 am
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 18283

Re: "Millennials may need to double how much they save for retirement"

I read stuff like this all the time. I'm certain that I've saved more than 99% of my age group for retirement, yet many articles or calculators suggest I may come up short. So what does that mean? That 99% of my cohort will be eating cat food? Society will somehow adapt, or life won't be worth living.
by dad2000
Tue Dec 20, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being too conservative at 65/35?
Replies: 37
Views: 6728

Re: Am I being too conservative at 65/35?

In looking at the last BH Net Worth Survey from 2015, it seemed that our median AA (rounded to the nearest 10%) switched from 70% to 60% at age 53, so a 65/35 AA at your age is very average for a BH. It doesn't mean it's right or wrong for you, but it's definitely not an outlier. I'm about your age ...
by dad2000
Fri Dec 16, 2016 8:35 am
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2163

Re: Cycling power meters

I'm a middle aged mid-level recreational rider who does a few centuries per year. There's an indoor gym near me with the Stages SC3 bikes, which I believe use the same tech as their outdoor meters. I've used their bikes a few times on trial days to gauge my power. I always warm up for 10 minutes, th...
by dad2000
Wed Dec 14, 2016 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Did Intuit ruin Taxcaster?
Replies: 24
Views: 2797

Re: Did Intuit ruin Taxcaster?

Wow, it is awful.

I suppose that they may have been tired of giving it away for free, OTOH having a good calculator could drive more business to Turbotax.

The least they could do is give paying Turbotax customers access to the better calculator.
by dad2000
Tue Dec 13, 2016 11:55 am
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5254

Re: What % of your net income do you save (not including 401k/IRA)

I'm not sure how useful this information in a vacuum is, since for families making under $200k, just maxing out 401k/IRA from 2 jobs might be all they need to fund a successful retirement.

We save about 20% of net income. We also max out 401k/IRA/HSA.
by dad2000
Mon Nov 21, 2016 4:57 pm
Forum: Personal Consumer Issues
Topic: Any recommendations on washers and dryers?
Replies: 24
Views: 1612

Re: Any recommendations on washers and dryers?

I replaced my washer dryer set last year. I ordered an inexpensive LG set from Costco. The washer is an HE top loader and it works fine. It uses far less water than my old Maytag did, the clothes do get clean, and I'm not noticing any undue wear and tear. I leave the washer top door partially open w...
by dad2000
Wed Aug 10, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance w/ Aimloan?
Replies: 25
Views: 2403

Re: Should I refinance w/ Aimloan?

I guess experiences vary. Aimloan aka Dovenmuehle was the worst. The origination of my loan with Aimloan was okay, but the servicing was miserable. On two different occasions, they swore up and down that they paid my property taxes but failed to do so. Even after multiple phone calls and letters, it...
by dad2000
Tue Jul 26, 2016 10:27 am
Forum: Personal Consumer Issues
Topic: What is your plan if you lose job tomorrow ??
Replies: 73
Views: 6992

Re: What is your plan if you loose job tomorrow ??

We're both older than 45, which seems to be the point at which finding a new job becomes exceedingly difficult. We both have bachelor's degrees which certainly helps. Just as it's a Boglehead principle to reduce risk in investing by diversifying, we've taken the same approach (diversity) with our jo...
by dad2000
Sun Jul 17, 2016 8:29 am
Forum: Personal Consumer Issues
Topic: Hatchback to match Camry on price/comfort/reliability?
Replies: 42
Views: 3770

Re: Hatchback to match Camry on price/comfort/reliability?

One recommendation is not to get too dazzled by the tech in some of the cars. Some of the manufacturers have gone too far with some of it IMHO. From what I've seen, it's not all reliable, and can become a distraction to your driving. We've been conditioned for so many years to certain things (for ex...
by dad2000
Wed Jul 13, 2016 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Boss cutting salary in response to employee not doing "job"
Replies: 78
Views: 10108

Re: Boss cutting salary in response to employee not doing "job"

It doesn't sound like a great job anyway, so the best thing to do is probably to leave. My only question is about the "fixed salary" comment. Does she work more than 40 hours per week? Based on her job duties, it sounds like she would be classified as a non-exempt employee that should get ...
by dad2000
Tue Jul 12, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Ideal allocation for someone who has reached their "number"
Replies: 38
Views: 4966

Re: Ideal allocation for someone who has reached their "number"

Managing your money can be as hard as earning it. I agree. It was a lot easier when I had little to lose and had many more years of potential income. And the market doesn't seem cheap right now. Though I'm only about 50, I've done well enough that early retirement in the next 3-5 years is a possibi...
by dad2000
Mon Jul 11, 2016 8:37 am
Forum: Personal Consumer Issues
Topic: Email compromised: How serious?
Replies: 45
Views: 4006

Re: Email compromised: How serious?

This is a good site for determining if your usernames or email addresses as username have been compromised in some of the data breaches. If the account username or email address shares a password with other accounts, then you can assume those accounts can also be compromised. https://haveibeenpwned...
by dad2000
Fri Jul 01, 2016 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 28099

Re: Where were you financially when you were at 30?

Things can change a lot between 30 and 50. Only have a B.S. from mid-tier state school, but consider myself intelligent, hard-working, and a little lucky. @30, in 2016 dollars: Single Renting ~$25k in retirement savings No debt Used car worth about $12k Salary: $85k @50, in 2016 dollars: Married wit...
by dad2000
Thu Jun 30, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 6069

Re: Why is everyone up in arms about Costco's credit transition?

The only issue I had with the credit card transition is that my previous statements in PDF format aren't available on the Citi website, and my Amex online account has nothing left in it. I can however download the historical transactions through the Citi site, as they were transferred over. Previou...
by dad2000
Wed Jun 29, 2016 9:55 am
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 6069

Re: Why is everyone up in arms about Costco's credit transition?

I've only been to Sam's Club a few times, but it was in no way comparable to Costco IMHO. Vastly different merchandise, shopping experience, and benefits IMHO. I don't see Costco losing memberships to Sam's Club in any significant way. As far as the credit transition, I received mailings from Amex, ...
by dad2000
Wed Jun 22, 2016 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice (ego, startup, San Francisco Bay Area)
Replies: 58
Views: 7108

Re: Very tough career choice (ego, startup, San Francisco Bay Area)

I agree with cheese_breath. If they are preparing for a liquidity event, it doesn't surprise me that they'd bring in a few more experienced executives. BTW, as a manager in a similar field, I feel like my skills have deteriorated because I've been doing less technical work. As long as you're compens...
by dad2000
Wed Jun 15, 2016 7:11 pm
Forum: Personal Consumer Issues
Topic: Repair or Replace Vehicle?
Replies: 20
Views: 1702

Re: Repair or Replace Vehicle?

If you plan to keep it... From prior experience with Honda/Acura vehicles of that era, there is a fitting that eventually rusts and fails usually after 100k, causing radiator fluid to be flushed into the transmission. They refer to the new transmission fluid mix as pink slime. Check out if your mode...
by dad2000
Fri Jun 03, 2016 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Custodial account Tax Gain Harvesting
Replies: 1
Views: 212

Custodial account Tax Gain Harvesting

Years ago, I set up custodial accounts for my 3 kids who are now roughly middle school age. I bought $5k each of SWTSX (Schwab Total Stock Market). Each is now worth about $8k with the difference being capital gains. None have other taxable income. Am I understanding correctly that: 1. I can tax gai...
by dad2000
Thu May 26, 2016 9:52 pm
Forum: Investing - Theory, News & General
Topic: What is evidence based investing?
Replies: 27
Views: 2949

Re: What is evidence based investing?

Sorry for being facetious and/or circular... I think the best evidence we have shows that straight indexing is just as or more effective than evidence based investing (EBI). I think of EBI as attempting to build an optimal investment strategy using the latest and best academic research. As we've see...
by dad2000
Thu May 26, 2016 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Forced use of automatic ACH withdrawals?
Replies: 18
Views: 2051

Re: Forced use of automatic ACH withdrawals?

I have a separate credit union account that I use for this sort of thing. I don't want outside ACH transactions anywhere near my active accounts.
by dad2000
Thu May 26, 2016 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: 401k fees
Replies: 4
Views: 597

Re: 401k fees

The active funds participate in what is basically a kickback scheme. Some of the fund expenses get reimbursed back to the plan to cover recordkeeping, advisory, custodial, and other similar fees. Vanguard will not participate in these kickback schemes, so as your participants switch to indexing fund...
by dad2000
Wed Apr 27, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: College Savings approach/plan - pls critique & advise
Replies: 4
Views: 574

Re: College Savings approach/plan - pls critique & advise

My experience is that money can be easily moved between the 2 children if you stick with the same 529 provider, so you don't necessarily need to be so rigid in thinking that the first 140k is for the older child, etc. Also, I-Bonds have similar tax benefits when used for education, but can also be r...
by dad2000
Thu Apr 14, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: My neighborhood is too quiet (and no kids)
Replies: 44
Views: 5775

Re: My neighborhood is too quiet (and no kids)

I can't remember the source and may be a little off on the numbers, but I read an article two days ago that referenced a study relevant to this discussion. People were asked if they socialized with a neighbor once or more per week on average. Recently, the yes responses average about 30%, and I thin...
by dad2000
Thu Apr 07, 2016 3:13 pm
Forum: Personal Consumer Issues
Topic: Help with cleaning glass shower doors
Replies: 32
Views: 3090

Re: Help with cleaning glass shower doors

I would try Kaboom or CLR, but be careful, as these could damage your tile and other nice surfaces. I suggest testing on a small spot before going all out.
by dad2000
Thu Mar 31, 2016 8:57 am
Forum: Personal Consumer Issues
Topic: New tire with no manufacture date
Replies: 4
Views: 631

Re: New tire with no manufacture date

Do you see only DOT xxxx on the sidewall? The full tire ID and date of manufacture are probably on the opposite sidewall. If you can't slide under to see it, try holding your smartphone underneath and flash a few pictures.
by dad2000
Mon Mar 28, 2016 7:05 am
Forum: Personal Consumer Issues
Topic: Your fav [US domestic] airline - as far as flying experience?
Replies: 72
Views: 5029

Re: Your fav [US domestic] airline - as far as flying experience?

1. Jetblue 2. Virgin (good but somewhat disappointing given all the great things I've read) 3. Delta 4. American 5. Southwest (felt like cattle) 6. United 7. U.S. Air (bad experiences with staffing & lateness) 8. Spirit, Frontier, etc. (haven't flown these in a long time but I'm certain they're ...
by dad2000
Thu Mar 24, 2016 6:00 pm
Forum: Investing - Theory, News & General
Topic: Predicting stock market returns accurately?
Replies: 52
Views: 3867

Re: Predicting stock market returns accurately?

I read through the article. Many of us use P/E 10 or historical averages to estimate future returns for retirement planning purposes. I don't know that these metrics would be any more accurate than the metric presented by the author. We just have to remember that this is a statistic, and to remember...
by dad2000
Thu Mar 24, 2016 4:16 pm
Forum: Investing - Theory, News & General
Topic: Some I Bond Questions
Replies: 14
Views: 1959

Re: Some I Bond Questions

Regarding the purchase limits: $10k per SSN becomes $20k/yr if you're married. And if you have an A/B trust (many people do), you can up that to $10k per trust for a total of $40k/year. Even if you are a typical HNW BH saver (ie 2x 401k + 2x IRA + HSA), $40k of extra deferred space for fixed-income ...
by dad2000
Mon Mar 14, 2016 1:25 pm
Forum: Personal Consumer Issues
Topic: Any suggestions for cooling solution for Florida garage?
Replies: 21
Views: 2242

Re: Any suggestions for cooling solution for Florida garage?

Given the physical and HOA restrictions, all I can think of is a portable air conditioner unit like a previous poster mentioned. However, you'll want one that uses a vent hose so you can exhaust the hot air out while minimizing hot air leakage back into the garage. Since the garage seems to have no ...
by dad2000
Thu Feb 04, 2016 10:29 am
Forum: Investing - Help with Personal Investments
Topic: A little confused about what to do with new 1099 income
Replies: 3
Views: 504

Re: A little confused about what to do with new 1099 income

OK. Solo 401k and good expense tracking is the plan.

Thanks for your responses.
by dad2000
Wed Feb 03, 2016 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: A little confused about what to do with new 1099 income
Replies: 3
Views: 504

A little confused about what to do with new 1099 income

For 2016: My wife and I are both W-2 employees. I am a high earner. We will max out our employer 401k contributions (her $18k, me $24k). We both have great plans. We will max out our non-deductible traditional IRA contributions. (her $5500, me $6500) All of our IRA balances are Roth backdoored annua...
by dad2000
Wed Dec 30, 2015 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best No Annual Fees Rewards/Cash-Back Credit Cards
Replies: 87
Views: 15770

Re: Best No Annual Fees Rewards/Cash-Back Credit Cards

I don't like to keep a lot of cards. The Citi Double Cash is a good default card. 2% on all purchases, no rotating categories, no cap.

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