Search found 1017 matches

by daveydoo
Wed Jan 17, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Deceased mother's IRA co wants $500+ to convert to bene IRA
Replies: 25
Views: 1173

Re: Deceased mother's IRA co wants $500+ to convert to bene IRA

I was wondering if it's typical for an IRA company to charge $500+ for their part in the process of transferring from my mother's traditional IRA to a beneficiary IRA in my name, and then to the custodian of my choice... This is completely nuts. I would fight this tooth-and-nail until my dying brea...
by daveydoo
Wed Jan 17, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Money Market Fund
Replies: 9
Views: 406

Re: Muni Money Market Fund

I just bought some of the Vanguard analog (VMSXX) within the past month. VG's default MM settlement fund has gotten better, interest-rate-wise, but still a clear difference at our marginal rate (for a near 1.9% taxable-equivalent rate, if memory serves). It's not zero risk, but very low, imo.
by daveydoo
Tue Jan 16, 2018 11:35 pm
Forum: Personal Consumer Issues
Topic: Inherited a coin collection I would like to sell
Replies: 8
Views: 1155

Re: Inherited a coin collection I would like to sell

I wrote this exactly a year ago on this forum: "Get the 201[8] Red Book (maybe $20 on Amazon) and see what's what...Professional grading is $16 - 30 per coin (plus shipping, insurance, lots of time, etc.) and is important if you plan to sell them yourself. The nice thing about professional grading a...
by daveydoo
Tue Jan 16, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 314
Views: 22670

Re: What frugal thing did you do today?

Sold a pair of shoes on eBay :shock:
by daveydoo
Tue Jan 16, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Is lump sum or dollar cost averaging more in line with boglehead values?
Replies: 22
Views: 1328

Re: Is lump sum or dollar cost averaging more in line with boglehead values?

DCA via programed investing for tax-deferred and taxable accounts (we have no "lump" to invest). Lump sum for windfalls. But there aren't many of those :D. In truth, I've split the difference for windfalls -- 2 - 4 "pieces." This has generally hurt more than it has helped; however, I've only ever ha...
by daveydoo
Mon Jan 15, 2018 2:56 am
Forum: Personal Finance (Not Investing)
Topic: A half year at full pay or a full year at half pay?
Replies: 49
Views: 4587

Re: A half year at full pay or a full year at half pay?

Fortunately, every 7 years we get a sabbatical... They still make those? Congrats! I'm pretty conservative, financially, and I was about to say "socially," too, but that's not what I mean. What I mean is that I'd be slow to leave my acceptable(ish) work environment and to disrupt my kids' academic ...
by daveydoo
Mon Jan 15, 2018 2:45 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 93
Views: 4909

Re: Looking for a reasonably priced, safe international destination

I live in the DC area (DCA, IAD, BWI). Have two young kids, 6 and 3. Have up to a week off. I only speak English. The trip will be first week of May... I was thinking Iceland. I have not read all the replies. Iceland is crazy-expensive, except maybe the getting-there part. Food is insane. Also, not...
by daveydoo
Sun Jan 14, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Recommend an A.C. powered auto tire inflator
Replies: 28
Views: 1318

Re: Recommend an A.C. powered auto tire inflator

When I ditched my run-flats, I got a Viair 70P that I keep in the trunk. It's DC but it's small, very quiet, and has a very accurate gauge. Best of all (for me), there is a brass chuck that threads onto the tire valve-stem so it's always a tight seal. And when you disconnect, you just lose a little ...
by daveydoo
Sat Jan 13, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 27
Views: 3122

Re: AA is much harder than I thought...

... but yet, yesterday I logged into my 401k and bought 3k more of the Total Stock Index, bringing my allocation to 97/3. It's harder because you're market-timing. A fixed and pre-defined asset allocation ensures that you are only market-timing away from the over-performing asset. (You just did the...
by daveydoo
Sat Jan 13, 2018 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Roll SGENX to Thrift Savings
Replies: 15
Views: 606

Re: Roll SGENX to Thrift Savings

Is there any benefit to rolling my First Eagle SGENX traditional IRA over to my TSP? This question has many parts. We can't really speak to the "benefit" part without knowing your goals, demographics, financial situation, etc. I believe that one can roll a traditional IRA into one's TSP account: ht...
by daveydoo
Wed Jan 10, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: Cars in college
Replies: 33
Views: 1437

Re: Cars in college

Have two in undergrad and neither has car or misses one -- one in a very urban setting and one in a quintessential and populous "college town." A car won't be needed at the places you're describing. If kid's desperate for a car, he/she can just come home from WashU, right? The bigger, higher-profile...
by daveydoo
Wed Jan 10, 2018 1:56 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 9843

Re: Trusts for adults Children

I think I'm in the minority here (pretty sure actually), but I will never be comfortable approaching end of life thinking, "once I'm gone, I won't care anymore so none of this matters any more." +1. We seem to go through endless machinations on this forum about how best to prepare spouse for our ev...
by daveydoo
Tue Jan 09, 2018 8:13 pm
Forum: Investing - Theory, News & General
Topic: Forgot to make my $5500 contribution for 2018
Replies: 36
Views: 4646

Re: Forgot to make my $5500 contribution for 2018

Epsilon Delta wrote:
Tue Jan 09, 2018 2:54 pm
...you should be kicking yourself because it is bothering you.
:D +1
by daveydoo
Tue Jan 09, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 66
Views: 3952

Re: Men's no iron dress shirt recommendations

Banana Republic. There's always a 30 - 50% off sale; too spendy without it. Relatively wrinkle-free and pretty color-fast until the shirts start to fray -- I'm sure I have some with close to 100 washes. Note: you must take them out of dryer immediately and hang them, but I assume that this applies t...
by daveydoo
Mon Jan 08, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2863

Re: protecting future inheritance

Another good saying is "Never wrestle with a pig - you both get dirty and the pig likes it." You mean never fight evil? Got it. When a kid and a trophy wife are fighting over dad's money, it can be hard to tell which one is the pig. If it's a Nigerian prince, it might be a little more clear. But fo...
by daveydoo
Mon Jan 08, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 9843

Re: Trusts for adults Children

I would have a relative or trusted friend serve as trustee with graded relinquishment of the assets (small percent at age 25, half of the balance at age 35, all the rest at age 45, for example). Just a suggestion. Rather than emptying the trust at those ages, might be better to allow the child bene...
by daveydoo
Mon Jan 08, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2863

Re: protecting future inheritance

Why is it different if his dad blows it on an around the world cruise, or by giving it to a woman who makes him feel good for a year? Those would both be valid choices, imo. That's different from being unknowingly cheated out of your money. I think we have an obligation to protect all of our relati...
by daveydoo
Mon Jan 08, 2018 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Investing Inheritance
Replies: 6
Views: 548

Re: Investing Inheritance

HJG0989 wrote:
Mon Jan 08, 2018 12:05 am
No advice, but you are the kind of person I would want to leave money to. Congratulations on being so responsible and thoughtful with your money.
+1
by daveydoo
Mon Jan 08, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: protecting future inheritance
Replies: 31
Views: 2863

Re: protecting future inheritance

In the end, it is your parent's money to do with what they will. If your dad blows it all on some scheme, c'est la vie. Respectfully disagree. If they blow it all on a round-the-world cruise, that's none of your business. But if they are repeatedly taken advantage of -- financially and otherwise --...
by daveydoo
Sun Jan 07, 2018 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 9843

Re: Trusts for adults Children

So you see no issues with two 20-somethings inheriting a seven-figure estate before they have even launched their own careers? That's baffling to me. That kind of cash would throw an adult nearing retirement for a loop -- let alone a veritable kid. I trust my kids to exercise good judgment, but you ...
by daveydoo
Sun Jan 07, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 133
Views: 18288

Re: Best DNA genealogy testing kits

Be advised these companies are selling your genetic data and it may come back to bite you in the future when applying for insurance or employment as genetic tests evolve. I have not been a fan of this sort of thing but afaik they are not selling any genetic data associated with your personal identi...
by daveydoo
Sun Jan 07, 2018 6:21 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5696

Re: Misuse of adverse when averse was meant

Phineas J. Whoopee wrote:
Sun Jan 07, 2018 10:46 am
...I adopted a practice of always including one intentional, what I called, tocen mispeling.
I always try to include at least one factual error, too :D
by daveydoo
Fri Jan 05, 2018 5:54 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5696

Re: Misuse of adverse

...and the winner is...
Pete12 wrote:
Fri Jan 05, 2018 3:46 pm
I go nuts when folks refer to this forum as the “Boggleheads” or the “Bogelheads” ... I mean come on people!!!
:D
by daveydoo
Fri Jan 05, 2018 5:33 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 145
Views: 5696

Re: Misuse of adverse

This should of come up sooner
by daveydoo
Wed Jan 03, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: [How to determine budget for toys/luxuries?]
Replies: 41
Views: 2672

Re: How much to spend on toys?

EnjoyIt wrote:
Wed Jan 03, 2018 7:55 pm
...as simple as a $10k watch...
The low end starts pretty high here!
by daveydoo
Wed Jan 03, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: College question - divorced parents living in different states?
Replies: 4
Views: 492

Re: College question - divorced parents living in different states?

Great question! Waiting for an actual answer. But if one state is CA or MI or VA... :D

It also depends on whether the primary motivating factor is the odds of admission or the cost of attendance. Oh, and the parent, too. : :)
by daveydoo
Wed Jan 03, 2018 3:08 am
Forum: Personal Consumer Issues
Topic: Washer repair or replace?
Replies: 7
Views: 551

Re: Washer repair or replace?

Is it better to just buy a new one if the price is within a few hundred bucks of the repair estimate? With this $ differential, yes. Paradoxically, I would be more inclined to repair an old one than a newer one. We looked into repairing our 30-year old washer (bought used over two decades ago). It ...
by daveydoo
Wed Jan 03, 2018 1:12 am
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 5790

Re: Long Term House—Any Regrets on things you didn’t do?

^ Soooo...kinda hard for me to talk about my cool hose-bib after this :D
by daveydoo
Tue Jan 02, 2018 1:20 am
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 5790

Re: Long Term House—Any Regrets on things you didn’t do?

Over 20 years in this mid-range "spec" house that we intercepted before completion and changed a few things... Glad we did: Hardwoods up and down -- change or move the area rugs; always look nice. Plenty of water damage over the years, all of it invisible to anyone but us. Dents in the kitchen floor...
by daveydoo
Mon Jan 01, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Car headlights or Daytime Running Lights - what do you do?
Replies: 62
Views: 3700

Re: Car headlights or Daytime Running Lights - what do you do?

We've always done full headlights all the time. I changed a lot of bulbs and always bought on line and kept a stash in the garage. Most of our vehicles now have the "auto" setting with daytime running lights (lower brightness) and are HID or LED. I've been on the fence about this. I guess I'll go ba...
by daveydoo
Sun Dec 31, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 9205

Re: I Want to Buy a Horrible, Expensive Car

Your original post indicates that you know what you're getting into. I can't quite tell why you want it so badly, and I think there are better choices in nearly all segments and for nearly all purposes, but you seem financially (and emotionally) well positioned to buy it. The first responder who sai...
by daveydoo
Wed Dec 27, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 10804

Re: Another should i buy my dream porsche thread...

Already had an M4. P Car is next on the food chain. Well here we go. I'm not gonna be an enabler. :D For you, I think it should be all about the depreciation curve (oh, and good disability insurance); you'll be on to the next thing in a couple years. Not sure if this is just cars but if you're a se...
by daveydoo
Wed Dec 27, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 3787

Re: Miata as second car

...Again, I brought up Camaro to have best of both... Maybe look at the Chevy SS. I drove one a few weeks backs. Plenty of power, handles great, awesome back seat (as a 6'1" co-tester told me), nice tech, great visibility. And they have been 20% off at $37K new (in their final year). Not sure how m...
by daveydoo
Wed Dec 27, 2017 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4015

Re: Availability of health care providers - how to factor this in a move?

On average though, a great primary care doc beats a lousy one with access to specialists. +1. And in either instance, they need to be integrated with those specialists. In the old days, it was easy to find the subspecialists' letterhead in a paper chart. But try to find it now in the "scanned repor...
by daveydoo
Tue Dec 26, 2017 6:25 pm
Forum: Investing - Theory, News & General
Topic: Bankers selling high end collectibles
Replies: 20
Views: 2170

Re: Bankers selling high end collectibles

Several High powered, big bank, masters of the universe type bankers are selling their personal collection of HIGH end personal property assets & asking the high end dealers to sell them by a date in the near future. This started in the fall, and should be completed by March of 2018. A. Liquidating...
by daveydoo
Tue Dec 26, 2017 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 3787

Re: Miata as second car

...you can replace the Wrangler +1. Is there anything worse to drive than that? You can split the difference with any number of fun cars that are functional, too. Any Mazda will handle like a dream compared to your Wrangler. My everyday driver is a blast and a four-seater. (We have no room for a se...
by daveydoo
Tue Dec 26, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 3787

Re: Miata as second car

I would prefer you pay for your toy car in cash. It is a totally irresponsible purchase (that I completely understand), so why pay for it for years forward? Just set aside money every month until you have enough to pay cash. Also, consider since it is a toy car, do you really need to buy such a pre...
by daveydoo
Tue Dec 26, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Availability of health care providers - how to factor this in a move?
Replies: 77
Views: 4015

Re: Availability of health care providers - how to factor this in a move?

In my case, my PCP has gotten feedback from cardiologists without my seeing that cardiologist in person. Would you do this with your car? "We called the BMW guy!" :D "Curbside consults" are nothing new -- docs ask other docs their opinions all day long. That's different from actual medical care. Th...
by daveydoo
Tue Dec 26, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?
Replies: 65
Views: 4286

Re: Photography gear and what you use it for?

Sandtrap wrote:
Sat Dec 23, 2017 9:44 pm

Zeuss goofing around.

Ferguss acting silly.
Apart from discussing gear, I'll add that those are amazing photos! Well done!
by daveydoo
Tue Dec 26, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13214

Re: Will you take this Fidelity bait ?

I know several people with > 5 Million net worth. After our monthly meeting we usually run over to Aldi to pickup a few things. Never once do they fail to pick up any pennies, nickles, dimes on the ground and will always return any unattended carts they see for the 25 cent return. You were being se...
by daveydoo
Sun Dec 24, 2017 8:24 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13214

Re: Will you take this Fidelity bait ?

I'm guessing there are a lot of five-millionaires laughing right now. Despite your vision of rich folks lighting cigars with rolled-up $100 bills, $5000 still matters to almost anyone. Whether you move an account is one thing, but to imply that $5000 means nothing to someone worth $5 million is jus...
by daveydoo
Sun Dec 24, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13214

Re: Will you take this Fidelity bait ?

Yes, I would absolutely move my portfolio *now* for $5,000 - but that offer isn't on the table. Sure I'd be the same person, but the marginal benefit to my quality of life of $5,000 would be approximately zero, whereas it would be substantial now. And while $5,000 represents a little less than two ...
by daveydoo
Sun Dec 24, 2017 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Will you donate less to Charity?
Replies: 107
Views: 6871

Re: Will you donate less to Charity?

It seems many of you are trying to get DAFs and contributions going here at the end of 2017, but does that mean less giving to charities over the next few years? Have you thought about that? A lot. Spouse is pretty generous and this has been our pattern/habit for many years. We front-loaded a DAF e...
by daveydoo
Sat Dec 23, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund - Family Trust or my name?
Replies: 12
Views: 901

Re: Donor Advised Fund - Family Trust or my name?

...name it something such as "The Copernicus Family Charitable Fund." We left out the "Family" -- made it look like we had inherited the money, imo. (Fido DAF automatically inserts the word "Family.") Spouse and I have different last names and it's just "Smith/Jones Fund," I think. Except with the ...
by daveydoo
Sat Dec 23, 2017 7:47 pm
Forum: Personal Consumer Issues
Topic: Favorite Camera - Recommendations, Photos, and Pictures of Your Gear?
Replies: 65
Views: 4286

Re: Photography gear and what you use it for?

...I take more pictures now so I get a good one every once in a while. +1. I'm pretty good with this stuff, although not quite Sandtrap or tibbitts level. But you hit on one of the secrets. Take a bunch. It also sometimes teaches composition better than any book -- since you recognize what made you...
by daveydoo
Fri Dec 22, 2017 8:59 pm
Forum: Personal Consumer Issues
Topic: Using lumens to buy light fixtures
Replies: 26
Views: 2058

Re: Using lumens to buy light fixtures

telemark wrote:
Fri Dec 22, 2017 8:45 pm
Two fixtures may do a better job of putting the light where you want it.
+1 -- which direction are the lumens pointing?

At first I thought this post was a "story problem." :(
by daveydoo
Fri Dec 22, 2017 8:49 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13214

Re: Will you take this Fidelity bait ?

If Fidelity made the 0.10% balance bonus available for anyone, (regardless of how large or how small your portfolio is) would you take it? Yes. I already did (see upthread). $500 or so. In my case it was Schwab, and I got a call or letter after I initiated a transfer out and they lured me back. 500...
by daveydoo
Fri Dec 22, 2017 6:01 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13214

Re: Will you take this Fidelity bait ?

flamesabers wrote:
Fri Dec 22, 2017 5:17 pm

If I had a $5 million portfolio and I received a bonus offer, I would expect it to be higher then the fixed rate the Treasury currently pays on EE-Bonds.
And how much would you expect 15 minutes of interest to be? This is a one-time payment. Not sure where the Treasury benchmark came in...
by daveydoo
Fri Dec 22, 2017 5:59 pm
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13214

Re: Will you take this Fidelity bait ?

If my portfolio were worth five million dollars I wouldn't bother with things like transfer bonuses, or meeting with Fidelity advisors. But would you take it now ? Because you'll be pretty much the same person after you've accumulated a $5 million portfolio. Pretty sure even Bill Gates doesn't buy ...
by daveydoo
Fri Dec 22, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone here purchased a home for cash (no mortgages)?
Replies: 39
Views: 3844

Re: Has anyone here purchased a home for cash (no mortgages)?

Nothing is better in a buyer's market than to [d]angle cash in front of a motivated seller. You immediately solve his problem at his expense of some possible theoretical equity. Worth 10% easy in some times in some markets. +1. Having been on the other side of this type of transaction and not havin...