Search found 1526 matches

by delamer
Thu Mar 23, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 18
Views: 1886

Re: So someone drained $13k from my checking account...

I always do pushes too, but doesn't the receiving company still have access to your bank account information? That depends on what you mean by access. Name on the account and account number? By that definition, everyone who has possession of one of your checks has access to your account, so yes. Bu...
by delamer
Thu Mar 23, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 18
Views: 1886

Re: So someone drained $13k from my checking account...

mptfan wrote:
delamer wrote:I always do pushes too, but doesn't the receiving company still have access to your bank account information?

That depends on what you mean by access.


Name on the account and account number?
by delamer
Thu Mar 23, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 18
Views: 1886

Re: So someone drained $13k from my checking account...

But now I'm thinking about what lessons to draw from this. How did the fraudster get the account number? The only direct withdrawals and deposits to the account are from paychecks, utilities, credit card companies, ACH links to other financial institutions, and the (very) occasional check. Was one ...
by delamer
Thu Mar 23, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: Jumping back in the market
Replies: 5
Views: 596

Re: Jumping back in the market

The market could just as easily go up 5% over the next few months as down 5%. Then what would you do? Either jump all the way back in now or make a plan to gradually reinvest over the next several months and follow that. Also, read this: http://awealthofcommonsense.com/2014/02/worlds-worst-market-ti...
by delamer
Thu Mar 23, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation anxiety
Replies: 27
Views: 1114

Re: Asset allocation anxiety

You might find this helpful. It makes it so clear that -- over the long run -- volatility is the price you pay for higher returns.

https://personal.vanguard.com/us/insigh ... llocations
by delamer
Thu Mar 23, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Should I sell my 2016 MDX and just lease? Minimal mileage needs
Replies: 11
Views: 905

Re: Should I sell my 2016 MDX and just lease? Minimal mileage needs

Your mother bought the CRV for your wife, but your wife is using the MDX to commute? Why isn't your wife using the CRV? Why would you need to lease a commuter car if you sold the MDX? If the MDX is your vehicle, then decide if you can stomach the resale price and sell it if you decide you can. Then ...
by delamer
Thu Mar 23, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Noob Question on Selling and Buying
Replies: 7
Views: 463

Re: Vanguard Noob Question on Selling and Buying

Vanguard does not offer any discounts for trading multiple mutual funds or stocks simultaneously. In fact, in some cases, you get charged more the more you trade. Vanguard can tell which mutual funds will incur a cost to sell. The cost for stock trades is based on the level of Vanguard assets that ...
by delamer
Thu Mar 23, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation anxiety
Replies: 27
Views: 1114

Re: Asset allocation anxiety

Do you have a pension as well? If you can get by on SS and the 300k in the TSP, then you have no need to take on additional risk. What is your goal for your retirement savings? I do not want to push you into a more aggressive allocation when you are this close to retirement unless you are 100% comf...
by delamer
Thu Mar 23, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: How to know if someone has filed your tax returns fradulently?
Replies: 21
Views: 1545

Re: How to know if someone has filed your tax returns fradulently?

I would assume the IRS does a basic check on whether all the 1099 and other forms they have received for your SSN matches up with what was filed, before they accept the return. But maybe they don't. No, not even close. Cross checking of returns with W-2 and 1099 data takes place months later. Refun...
by delamer
Thu Mar 23, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Noob Question on Selling and Buying
Replies: 7
Views: 463

Re: Vanguard Noob Question on Selling and Buying

Vanguard does not offer any discounts for trading multiple mutual funds or stocks simultaneously. In fact, in some cases, you get charged more the more you trade. Vanguard can tell which mutual funds will incur a cost to sell. The cost for stock trades is based on the level of Vanguard assets that y...
by delamer
Tue Mar 21, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to harmonize a TSP and a Vanguard portfolio
Replies: 9
Views: 555

Re: How to harmonize a TSP and a Vanguard portfolio

Your plan does make sense, assuming that you won't have to pay much in capital gains taxes when you sell your bonds held at Vanguard (unlikely). The rule-of-thumb is to hold bonds in tax-advantaged accounts and stocks in taxable accounts, because the tax preference for stocks. The G fund is held in ...
by delamer
Mon Mar 20, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Back to School
Replies: 7
Views: 473

Re: Back to School

Unless your full-time job allows you complete flexibility in terms of when and where you do your work, it would be impossible. And even with that flexibility, it would be very difficult. You'd be committed to 60 hours of work before you even have time to do your own classwork. You'd be better off sa...
by delamer
Mon Mar 20, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Long term unemployment planning
Replies: 61
Views: 2519

Re: Long term unemployment planning

Unless we're talking about widespread unemployment that is also leading to a declining equities market, your unemployment and a market downturn are unlikely to coincide, e specially with the aforementioned buffers. willthrill81, We call that recession. And, it occurred regularly every few years. Kl...
by delamer
Mon Mar 20, 2017 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance Investing Advice
Replies: 8
Views: 805

Re: Inheritance Investing Advice

If you are looking for 5% in income (interest and dividends), that is probably not realistic over time. If you mean that you are looking for a total return (including capital appreciation) of 5%, then look at this table: https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allo...
by delamer
Mon Mar 20, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Long term unemployment planning
Replies: 61
Views: 2519

Re: Long term unemployment planning

Unless we're talking about widespread unemployment that is also leading to a declining equities market, your unemployment and a market downturn are unlikely to coincide, e specially with the aforementioned buffers. willthrill81, We call that recession. And, it occurred regularly every few years. Kl...
by delamer
Mon Mar 20, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Long term unemployment planning
Replies: 61
Views: 2519

Re: Long term unemployment planning

Unless we're talking about widespread unemployment that is also leading to a declining equities market, your unemployment and a market downturn are unlikely to coincide, e specially with the aforementioned buffers. willthrill81, We call that recession. And, it occurred regularly every few years. Kl...
by delamer
Mon Mar 20, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: What would it take to buy a house in our neighborhood?
Replies: 20
Views: 1349

Re: What would it take to buy a house in our neighborhood?

Are you planning to go back to work once your kids are in school? If so, I'd be inclined to defer buying a home until then given the increase in income. If you are happy in your neighborhood, then stay. But be aware that the other families you are friendly with now may decide to move on for financia...
by delamer
Mon Mar 20, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Long term unemployment planning
Replies: 61
Views: 2519

Re: Long term unemployment planning

If you really think that you or your wife are likely to suffer a period of long-term unemployment, then you should conserve liquid assets. Don't tie up your assets in an illiquid asset like your home by prepaying the mortgage.
by delamer
Mon Mar 20, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Short term liquidity strategy
Replies: 5
Views: 282

Re: Short term liquidity strategy

How old are you and your wife? Do you plan to take a 30-year or 15-year loan on the next house?

Given your current equity, you can put 1/3 down on the new house (assuming all things stay the same). Depending on your ages, that is probably adequate.
by delamer
Mon Mar 20, 2017 10:38 am
Forum: Investing - Theory, News & General
Topic: How much cash to withdraw when retiring
Replies: 13
Views: 1550

Re: How much cash to withdraw when retiring

I am helping my parents plan retirement. They are not SS age yet, so their current pension is ~$50,000 pretax per year. They have a fully paid off house and not many expenses, so I want to find out the optimum way for them to withdraw from their investments for tax purposes. First, a preliminary qu...
by delamer
Sun Mar 19, 2017 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Out of the norm all-equity portfolio to compliment pensions
Replies: 13
Views: 477

Re: Out of the norm all-equity portfolio to compliment pensions

An aggressive portfolio means a volatile portfolio. How will you react if your portfolio loses 50% of its value? Will you be able to hang on or will you panic and sell when you see its value collapse? One if the reasons for bond exposure and a more moderate portfolio is to keep both the portfolio an...
by delamer
Sat Mar 18, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Non-covered Shares Transfer: Will old broker also transfer Cost Basis ?
Replies: 6
Views: 382

Re: Non-covered Shares Transfer: Will old broker also transfer Cost Basis ?

stlutz wrote:Regardless of what anyone tells you about what will transfer, I would be sure to have good records of your old cost basis information in any case.


Agreed. I also would not assume that you'll have access to your UBS online account once the transfer is complete.
by delamer
Sat Mar 18, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: rewriting will
Replies: 17
Views: 1074

Re: rewriting will

The difficulty with your spouse's solution is that it doesn't solve the problem. The problem is that your spouse feels cut off from his/her grandchild. Leaving less money to the baby's parents at some future date is not going to solve that problem. I'd emphasize that to your spouse. Your spouse need...
by delamer
Sat Mar 18, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Net Worth Loaded with Real Estate Investments
Replies: 8
Views: 700

Re: Retirement Net Worth Loaded with Real Estate Investments

As a third party who knows very little about real estate investing, my biggest concern regarding your situation is what would happen if you and/or your wife died or became disabled? Is there a grown child or other family member who could step in to handle the rental properties and make appropriate d...
by delamer
Sat Mar 18, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: First time Cruise trip to Carribean
Replies: 6
Views: 527

Re: First time Cruise trip to Carribean

Hi all, Going with family to our first cruise trip to Carribean - Oasis of the Seas. Flying into Orlando, and then to Port Canaveral. Any suggestion on which hotel to stay in Orlando, Do any offer free shuttles to the port? Any other recommendations on how to get to port? Any suggestions/recommenda...
by delamer
Fri Mar 17, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Nearing (early) retirement - can we do it?
Replies: 5
Views: 784

Re: Nearing (early) retirement - can we do it?

You need to consider what happens when one of you dies. First, how will that affect the survivor's income? Obviously at least one of the Social Security payments will end, but what about the pension income? The other side of the equation is how the survivor's expenses will change. They won't be cut ...
by delamer
Fri Mar 17, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Paralysis by Analysis
Replies: 12
Views: 930

Re: Paralysis by Analysis

Given that there are only 17 months left on the 401(k) loan and that the interest is going to you, I 'd sink all the excess cash flow into the car loan.

Don't touch the emergency fund.
by delamer
Fri Mar 17, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Norman Rockwell Plates.....who to go to
Replies: 33
Views: 2425

Re: Norman Rockwell Plates.....who to go to

I kind of chuckled at this thread. I just pulled out all my inherited 40's era noritake dinnerware which my parents received as a wedding present -and never used-, and I now keep tucked away, -and have never used-. to wash off all the dust. I feel like I've learned the lesson that you just keep a c...
by delamer
Thu Mar 16, 2017 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Complex portfolio issues involving individual stock
Replies: 15
Views: 928

Re: Complex portfolio issues involving individual stock

I am in a somewhat similar situation with an inherited portfolio. I used the extended market index fund to offset the concentration in large caps. But the real market ratio is 80/20 (large/small&mid), so in your case you seem to be underweighting the small&mid. I would not be comfortable wit...
by delamer
Thu Mar 16, 2017 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Purchase and Sale of home: pearls of advice
Replies: 29
Views: 2301

Re: Purchase and Sale of home: pearls of advice

I don't know what is standard, and it may vary by location, so keep that in mind. When we bought our current home, our agent set up the contract so that we could walk away if we were not happy with a problem that was found during the inspection. In other words, we didn't have to agree to let the sel...
by delamer
Thu Mar 16, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Taxes in Death
Replies: 14
Views: 1219

Re: Taxes in Death

You need to consider the impact of any income that you'll receive from the non-IRA portion of the inheritance too.

For instance, income from a property being rented out. That you may have no control over.
by delamer
Wed Mar 15, 2017 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Father is 90, taking over his investments
Replies: 23
Views: 2523

Re: Father is 90, taking over his investments

Greetings, Thank you for your responses below. I was able to meet with a financial advisor, and have an update, as well as some additional information I probably should have included from the start. My dad is on Hospice care. There is no expected date of his passing. I am informed that people can g...
by delamer
Tue Mar 14, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: My Financial Picture - Can you give me some feedback?
Replies: 10
Views: 1141

Re: My Financial Picture - Can you give me some feedback?

If I could get my annual savings to $100k or higher (I plan to save all future raises), could I retire in 15-20 years? Have you figured out how much you will have accumulated if you did that? Have you estimated what you expect you expenses will be then? (You can do both in 2017 dollars by assuming ...
by delamer
Tue Mar 14, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Recently Retired - Portfolio Advice, Please!
Replies: 10
Views: 1307

Re: Recently Retired - Portfolio Advice, Please!

It would be helpful to commenters for you to show totals for the accounts with multiple investments and a distribution (%) of stock/bonds/cash for taxable and tax-advantaged. There's too much going on to get a good overall picture. See this: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6...
by delamer
Mon Mar 13, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to tackle fiancee's student loan debt
Replies: 33
Views: 2493

Re: How to tackle fiancee's student loan debt

Thanks for all of the responses. The majority of people seem to suggest that I forego paying any tuition until we get married. Instead, I should max out my tax-advantaged accounts and then start saving again in my taxable brokerage. Once we get married, we work out a payment plan for her debt. But ...
by delamer
Mon Mar 13, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Owe Taxes Despite large tuition payments
Replies: 4
Views: 487

Re: Owe Taxes Despite large tuition payments

I imagine the point is to limit the number of people who can deduct the interest on the bonds by excluding those given to them as gifts as a kid.
by delamer
Mon Mar 13, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: College Savings Plan Asset Allocation
Replies: 3
Views: 204

Re: College Savings Plan Asset Allocation

Don't have any equities in the 17-year-old's account, asssuming all that money will be spent within 5 years. There's too much risk with stocks for such a short period. Short-term bonds, maybe, but mostly cash. For the 14-year-old, you could keep a small portion in stocks since that account has an 8 ...
by delamer
Mon Mar 13, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to tackle fiancee's student loan debt
Replies: 33
Views: 2493

Re: How to tackle fiancee's student loan debt

I agree with the post above about not paying any expenses of your fiancé until you guys are married. I worked with a guy that supported his fiancé all the way through pharmacy school only for her to move on to someone else after she graduated. Couldn't the same thing have happened if they were marr...
by delamer
Mon Mar 13, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: How to tackle fiancee's student loan debt
Replies: 33
Views: 2493

Re: How to tackle fiancee's student loan debt

Do not pay any education costs, either current expenses or paying back loans, for someone to whom you are not married. This is not a commentary in any way on the quality of your relationship, which obviously I know nothing about. It is simply that life is unpredictable, and too many things can happe...
by delamer
Sun Mar 12, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: 401K allocation
Replies: 16
Views: 609

Re: 401K allocation

It looks like you have about 75% of your assets in US and international stocks. How much more conservative do you want to be? Do you want to make a big shift, like to 50/50? Or to something like 65/35? You could do the VTINX along with a couple of the stock funds to raise your equity allocation to w...
by delamer
Sun Mar 12, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: 401K allocation
Replies: 16
Views: 609

Re: 401K allocation

What are the underlying investments in the 2030 Target Date fund? Index funds or managed? What are the allocations to stocks and bonds?
by delamer
Sun Mar 12, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 18205

Re: How Bad was 2008, really?

Reading through this interesting thread and realize I don’t have a good understanding of how this works. Say you are 100% invested in the total Stock Market Index and to keep it simple we are not contributing anymore to this fund and this is the only fund we have. Then 2008 or any big crash comes a...
by delamer
Sat Mar 11, 2017 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Putting Savings in Perspective
Replies: 54
Views: 4048

Re: Putting Savings in Perspective

One flaw in your thinking (#3) is that 56% does not include the medical premiums you are having taken out of your paycheck. And the portion of the premiums you are paying is probably just a fraction of the real cost because your employer is covering the rest. All those costs will be have to be dealt...
by delamer
Sat Mar 11, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Helping sister with investment of inheritance
Replies: 32
Views: 1867

Re: Helping sister with investment of inheritance

Managed payout is a gimmick of no use to anyone. Well, a few people have been interested in the asset allocation but not for the payout aspect. The real issue here is less financial than practical and behavioral. If a person is just completely unable to operate responsibly at basic level of how muc...
by delamer
Sat Mar 11, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Helping sister with investment of inheritance
Replies: 32
Views: 1867

Re: Helping sister with investment of inheritance

How about one of the Vanguard LifeStrategy funds? They pay out dividends quarterly and some capital gains at the end of the year. From the website: "The LifeStrategy Funds are a series of broadly diversified, low-cost funds with an all-index, fixed allocation approach that may provide a complet...
by delamer
Sat Mar 11, 2017 11:39 am
Forum: Investing - Help with Personal Investments
Topic: About to retire and need to realize 5%/year to live on.
Replies: 71
Views: 6981

Re: About to retire and need to realize 5%/year to live on.

This is OP's first post. S/he hasn't returned. The post presents a desire which can't be fulfilled along with asking about using a financial advisor. Is this a real post or is someone having fun? I think it is a real post. A lot of people are a little naive about how investing works and would natur...
by delamer
Sat Mar 11, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: About to retire and need to realize 5%/year to live on.
Replies: 71
Views: 6981

Re: About to retire and need to realize 5%/year to live on.

Could you provide more information on why you would think real estate is a bad option for him? I might very well be wrong, and am in no way knowledgeable about this matter, however from my calculations if he is to invest 2Mil in an investment property, that should yield roughly ~11k in monthly rent...
by delamer
Fri Mar 10, 2017 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: About to retire and need to realize 5%/year to live on.
Replies: 71
Views: 6981

Re: About to retire and need to realize 5%/year to live on.

Do you need 5% or do you need $40K per year? You can always take 5%, no matter what you are invested in. That number may keep getting smaller and smaller depending on what happens with the market. If you are looking for 5% of $2M, guaranteed, every year in perpetuity, that is not going to happen. Y...
by delamer
Fri Mar 10, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: About to retire and need to realize 5%/year to live on.
Replies: 71
Views: 6981

Re: About to retire and need to realize 5%/year to live on.

Yes you can get 5%/ year to living. However, due to inflation, the 2 mil will loosing purchasing power. I would make suggestion to you: purchase a multi unit apt with 2 mil and live on rental income of it. The apt will always keep up with inflation while your rental income should increase according...

Go to advanced search