Search found 461 matches

by derosa
Fri Apr 01, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning - Notorized or Not
Replies: 5
Views: 656

Re: Estate Planning - Notorized or Not

Uhh. The lawyer is involved-- he is your executor.

Don't be penny wise and pound foolish. -- put it in the will. Why will you be tinkering with this? Think through what you want to do and then incorporate it in the will.

[OT comment removed by admin LadyGeek]
by derosa
Fri Apr 01, 2016 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Best approach when increasing bond allocation?
Replies: 10
Views: 750

Re: Best approach when increasing bond allocation?

Just do it. 10 months or years from now you won't even remember this.

If you are not going to follow your IPS ---- you need to rethink what you are doing and therefore your plan.
by derosa
Thu Mar 31, 2016 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: 2 Buckets or 3 Buckets in Retirement??
Replies: 65
Views: 6084

Re: 2 Buckets or 3 Buckets in Retirement??

To me buckets are just something that financial writers have to write about. That deadline for this week/month is right here. It is a fancy way of saying asset allocation in another language - IMO. Everyone has a pile of money. How you choose to view it is your own business. But it is just one pile ...
by derosa
Thu Mar 31, 2016 7:42 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing question from a new investor
Replies: 5
Views: 356

Re: Rebalancing question from a new investor

If you have new money to put in on a regular (monthly or quarterly) basis that is when you do your rebalancing. If you take money out - then you have another opportunity to "rebalance." Other than that it might be years before you have a need to rebalance. Remember this is about risk manag...
by derosa
Thu Mar 31, 2016 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Photography business early stage, tax and other
Replies: 16
Views: 951

Re: Photography business early stage, tax and other

Anything and everything related to the business is an expense and then deductible of course. Meticulous records. Especially records for things like mileage / travel / marketing / networking / goodwill / meals. Receipts for everything. Contemporaneous records. A specific and separate place at your ho...
by derosa
Tue Mar 29, 2016 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Where to Put Money?
Replies: 7
Views: 713

Re: Where to Put Money?

Depending on time frame maybe a bond fund? Know would have some gains might have to be aware of for tax purposes. But you probably would have few transactions based on your purposes .
by derosa
Tue Mar 29, 2016 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed: Widow selling home to daughter via rent-to-own land contract?
Replies: 18
Views: 859

Re: Advice needed: Widow selling home to daughter via rent-to-own land contract?

I agree that if the couple can't get the financing in a normal process then that is a flag that this specific house is too much. What happens down the road when something happens and they can't make the money work? Who comes up with the money for a roof let's say? Maybe pursue selling the house and ...
by derosa
Mon Mar 28, 2016 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best way to jointly invest in a rental unit with family members?
Replies: 17
Views: 1379

Re: What is the best way to jointly invest in a rental unit with family members?

Keep in mind -- at the top of your mind -- this is a Business. Treat it as a business.
by derosa
Mon Mar 28, 2016 5:01 pm
Forum: Personal Consumer Issues
Topic: Smart phone issues
Replies: 10
Views: 746

Re: Smart phone issues

Just use the open router. No big deal. Whoever owns won't know you are on it.
by derosa
Mon Mar 28, 2016 4:55 pm
Forum: Personal Consumer Issues
Topic: Preventing soil from gathering on driveway
Replies: 14
Views: 867

Re: Preventing soil from gathering on driveway

Keep in mind that water always wins. Period.

So if you are going to do something---do it right the first time, not the 2nd.
by derosa
Fri Mar 25, 2016 6:01 pm
Forum: Personal Consumer Issues
Topic: Europe Trip in August
Replies: 99
Views: 5245

Re: Europe Trip in August

I would be more concerned that just about everyone will be on holiday then. All in the south of France?

Mostly see other tourists?
by derosa
Thu Mar 24, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 44
Views: 4034

Re: Best DNA genealogy testing kits

My error in the writing this on mtdna. Both can take but it only looks at the female line. In both tests one is trying to determine if there is a common ancestor between two people. In no way can the tests tell you who that person is. Only that there is a good chance there is a person in common. Onl...
by derosa
Wed Mar 23, 2016 5:55 pm
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 44
Views: 4034

Re: Best DNA genealogy testing kits

Male test - ydna - can only be used by males. Mitochondrial test can only be taken by females. Autosomal can be taken by anyone. They all test different things and at different levels of confidence. Tests with very low levels of confidence will have you related to thousands of people - none of whom ...
by derosa
Tue Mar 22, 2016 8:28 pm
Forum: Personal Consumer Issues
Topic: Replace auto wiper blades vs inserts
Replies: 31
Views: 2581

Re: Replace auto wiper blades vs inserts

Go to store like Auto Zone and they will replace them at no cost when you buy them. They just come out in parking lot and do it. Gosh it must take a minute total. once had them do it in a nice shower.
by derosa
Tue Mar 22, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Best DNA genealogy testing kits
Replies: 44
Views: 4034

Re: Best DNA genealogy testing kits

3 companies do testing in the US. Ancestry and 23me are autosomal only. FTDNA does that test as well as ydna for males and a mitochondrial test for females. Dna evidence tests only work in comparison with other tests. One test by itself doesn't tell you anything. By itself it is just a bunch of numb...
by derosa
Mon Mar 21, 2016 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Franchises - the good and the bad?
Replies: 14
Views: 1581

Re: Franchises - the good and the bad?

Everyone thinks of food when they hear the word franchise. There is a franchise for just about everything that you can think of today. If you are only thinking food then you have not done any homework my friend. Yes I was a franchise owner, worked from home and sold my business for a nice profit. Wo...
by derosa
Sun Mar 20, 2016 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Parents Prepare For Retirement
Replies: 9
Views: 1089

Re: Helping Parents Prepare For Retirement

They came to you and specifically asked for your advice?
by derosa
Sat Mar 19, 2016 8:34 pm
Forum: Personal Consumer Issues
Topic: Removing mildew from vinyl siding
Replies: 25
Views: 1942

Re: Removing mildew from vinyl siding

What does manufacturer recommend?
by derosa
Sat Mar 19, 2016 4:48 pm
Forum: Investing - Theory, News & General
Topic: Live long, spend freely
Replies: 32
Views: 6146

Re: Live long, spend freely

If you choose to add more variables it would be best to use numbers that are known and "real." Compared to made up numbers from the top of your head or somewhere. Burns' numbers are real. Using real numbers would significantly increase the confidence level in both the outcome and the post....
by derosa
Fri Mar 18, 2016 8:10 pm
Forum: Investing - Theory, News & General
Topic: Live long, spend freely
Replies: 32
Views: 6146

Re: Live long, spend freely

Scott and the others mentioned are simply trying to address the elephant in the room. Your money is going to be around when you are not. So what can you do about that? (Now if a bequest is what you are trying to do then this doesn't apply.) Assume you want to plan on a 95% chance that your money wil...
by derosa
Fri Mar 18, 2016 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesly Income - Single Best Investment for not losing money in massive downturns, with upside? Better alternatives?
Replies: 39
Views: 4710

Re: Wellesly Income - Single Best Investment for not losing money in massive downturns, with upside? Better alternative

Lifestrategy conservative or moderate growth could be another option. Get some international exposure that Wellesley and wellington don't have.

If you can't lose money you cannot be in the equity markets. There are no guarantees.
by derosa
Sun Mar 13, 2016 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: small car accident - when is it ok to not file a police report?
Replies: 27
Views: 2213

Re: small car accident - when is it ok to not file a police report?

Unless you own a body shop you may have no idea what the cost of something is. May seem minor but the part could be very expensive.
by derosa
Sun Mar 13, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince high NW father to dump his financial advisor?
Replies: 69
Views: 6469

Re: How to convince high NW father to dump his financial advisor?

From reading the OP's post he went to the father to tell him what to do. The father DID NOT ask for anything. I guess the question for the OP is "What's in it for you?" Why do you care so much? THey are high net worth with more money than they need, doing what they want with their money (w...
by derosa
Sat Mar 12, 2016 10:39 pm
Forum: Investing - Theory, News & General
Topic: New Yorker: Is Passive Investing Actively Hurting the Economy?
Replies: 36
Views: 5071

Re: New Yorker: Is Passive Investing Actively Hurting the Economy?

Not sure I understand the problem with the photo or the title. Authors of articles never get to write the headlines or pick photos. Anyplace. The author has written other articles for the magazine. The magazine draws on a wide number of writers - not all are staff -- as in this case. It is meant to ...
by derosa
Sat Mar 12, 2016 12:44 pm
Forum: Investing - Theory, News & General
Topic: Is a 25% price decline for US stocks possible?
Replies: 25
Views: 3893

Re: Is a 25% price decline for US stocks possible?

Let me think About 2008 - 2009???

What was that decline? Something over 50% wasn't it?

Then there was some day in the 80s where it went down close to 25% in ONE day - didn't it?

How quickly we forget??
by derosa
Fri Mar 11, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: Dogs & my mailbox
Replies: 37
Views: 2386

Re: Dogs & my mailbox

This will be a lifelong hobby for you. Trying to stop dogs is like trying to stop squirrels at a bird feeder. Unless you are willing to go out and directly talk - face to face with each and every owner you are wasting your time. And there will always be new owners. When you get to Dna testing - yes ...
by derosa
Wed Mar 09, 2016 4:02 pm
Forum: Personal Consumer Issues
Topic: Seeking Advice On An HOA Special Assessment
Replies: 22
Views: 2423

Re: Seeking Advice On An HOA Special Assessment

Former board member and HOA president. I think the first thing is to understand why all the pressurized water lines need to be replaced? That is certainly an extraordinary project. I believe that there is something missing from the OP's understanding or his communication in his post. That type of re...
by derosa
Tue Mar 08, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance for person with false "Alcoholic" diagnosis
Replies: 100
Views: 7921

Re: Life Insurance for person with false "Alcoholic" diagnosis

I guess I live in an isolated bubble. I don't know anyone in my life who had to go to the doctor or ER or clinic to get an IV to address alcohol consumption. To me that is extreme. How do you even know to go to the Dr to get an IV in the first place? Drink plenty of fluids and aspirin or whatever yo...
by derosa
Mon Mar 07, 2016 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house before selling current
Replies: 24
Views: 1700

Re: Buying a house before selling current

Sounds like the realtor will be happy to give you a guarantee on the sale of your old house? When you close on the new one?

You could be owning two houses for how long? OH I understand, according to the realtor, all the houses for sale in the neighborhood sell immediately and there is no problem?
by derosa
Sun Mar 06, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Timing?
Replies: 35
Views: 3914

Re: Early Retirement Timing?

Begone! Both of you.

The worst day of your (soon to be) retirement is BETTER than the best day you ever thought you had at work!!!

Your habits guarantee that you will be fine.
by derosa
Sun Mar 06, 2016 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security-math and longevity
Replies: 19
Views: 1336

Re: Social Security-math and longevity

Keep in mind that social security is OPM -- Other People's Money.

You can run the math 19 different ways. And get whatever answer you want. Let me know when the guarantee on your life kicks in.

When I take it early I am spending your money.
by derosa
Sat Mar 05, 2016 8:46 pm
Forum: Investing - Help with Personal Investments
Topic: Worried about father....
Replies: 35
Views: 2700

Re: Worried about father....

I guess that I missed where his wife and children are in this situation? I think there was a mention of them?

How do their lives and needs fit in this planning?

You put it all in an annuity and all your flexibility is gone for good. Who knows what he might need medically next month or year??
by derosa
Sat Mar 05, 2016 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle a steadily declining nest egg?
Replies: 50
Views: 5478

Re: How do you handle a steadily declining nest egg?

Unless you have large bequest plans don't you want it to decline?

You spend it down? Don't you? You can't take it with you, can you?
by derosa
Thu Mar 03, 2016 4:29 pm
Forum: Personal Consumer Issues
Topic: Cast Iron Frying Pans
Replies: 71
Views: 6574

Re: Cast Iron Frying Pans

Cast iron? Brand new shouldn't be more than $20 or $25 for a 12" Lodge preseasoned frying pan. $200 are you sure - that is an insane amount to spend on cast iron. http://www.lodgemfg.com MOre than you wanted to know. Go to Cabellas or Bass Pro and they have 20 different models of cast iron fryi...
by derosa
Thu Mar 03, 2016 4:19 pm
Forum: Personal Consumer Issues
Topic: Window Installation - any pre-work you'd do?
Replies: 9
Views: 896

Re: Window Installation - any pre-work you'd do?

Watch some you tube videos on window installation. Just google replacement windows installation and you should get many to choose from. If you are dealing with a larger they company they probably have their own videos. Regardless the process is almost exactly the same for any company's replacement w...
by derosa
Wed Mar 02, 2016 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Mom's Vanguard Annuity expired - Big Taxes
Replies: 24
Views: 2987

Re: Mom's Vanguard Annuity expired - Big Taxes

Whether you take it all out at once or take out a smaller amount regularly over the years or annuitize it to get income one thing is certain taxes are now due.

It's over and done with, just move on.
by derosa
Mon Feb 29, 2016 9:59 pm
Forum: Investing - Help with Personal Investments
Topic: How to convince a young person that she is right?
Replies: 24
Views: 3317

Re: How to convince a young person that she is right?

Humble Brag. Ok Dad you have received your compliments from the board. She is clearly an adult with a decent job and doing well in life. We get it - you raised a good kid. Must not be a spouse or significant other because you would have had to have mentioned that person. Unless she comes to you I wo...
by derosa
Mon Feb 29, 2016 9:26 pm
Forum: Personal Consumer Issues
Topic: [Any risk in] Paying cash for services [when offered a discount]
Replies: 61
Views: 5172

Re: Paying cash for services

As the customer you are not responsible for what a vendor or store or website or business or handyman or whatever does when you make a purchase. I mean the project is done. There are no leaks, Everything works. What more does one want? Pay the cash. Go have a dinner with the savings or flush the toi...
by derosa
Sun Feb 28, 2016 12:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Publicity write-up?
Replies: 25
Views: 1199

Re: Publicity write-up?

For everything that you write ask yourself this question ---

"So What?"

Because that is what your audience is thinking as they are reading your publicity promo advertising piece.
by derosa
Wed Feb 24, 2016 8:50 pm
Forum: Investing - Theory, News & General
Topic: Rental Property Near University, Thoughts?
Replies: 50
Views: 2655

Re: Rental Property Near University, Thoughts?

Isn't the rule of thumb on rentals 50%?

You budget 50% of gross as your net?

The other 50% is everything to maintain the property, taxes, lost rent, etc etc
by derosa
Mon Feb 22, 2016 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mr Money Mustache Article (New Yorker)
Replies: 94
Views: 12031

Re: Mr Money Mustache Article (New Yorker)

New Yorker comes through yet again - wonderful article by wonderful magazine. Adeney just doesn't care what you and I think about being his being retired or not retired or whatever it is does he? He is living a life that he wants and how he wants. And it seems to somewhat annoy those around him. Tha...
by derosa
Sat Feb 20, 2016 4:03 pm
Forum: Personal Consumer Issues
Topic: kitchen remodeling-why is it the norm?
Replies: 95
Views: 8087

Re: kitchen remodeling-why is it the norm?

If you don't think making changes will make any difference but are interested in getting an idea of what a change can do -- try a very small project. I didn't see anything that gave an indication of size of kitchen. But given that it is that old it is probably on the smaller / modest size. I am gues...
by derosa
Wed Feb 17, 2016 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion on Vanguard Personal Advisor Service
Replies: 29
Views: 3727

Re: Opinion on Vanguard Personal Advisor Service

For something basic and on auto pilot you might want to look at the LifeStrategy funds. Moderate growth?
by derosa
Sat Feb 13, 2016 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: I am leaving too much $ on the table by retiring 1 year early?
Replies: 36
Views: 3918

Re: I am leaving too much $ on the table by retiring 1 year early?

No one ever says that they should have spent more time at the office after they quit.

You can always get more money.

Where do you get more time?
by derosa
Fri Feb 12, 2016 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Key West and everglades trip
Replies: 40
Views: 3013

Re: Key West and everglades trip

Everglades - unless you are going into back country there isn't much to see that haven't already seen driving to the Everglades. Don't know how much canoeing, for example, small kids are going to enjoy. Get your ticket punched that you went there and then move on. Try Tiger's Airboat Rides for fun. ...
by derosa
Sat Feb 06, 2016 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Accelerating financial independence by living with father-in-law?
Replies: 26
Views: 2746

Re: Accelerating financial independence by living with father-in-law?

What part of independence is an adult moving in with their parents? For no real reason. Make more money if you are looking for financial independence.

You have your own family and their life. Go live your own life.
by derosa
Sun Jan 31, 2016 6:29 pm
Forum: Personal Consumer Issues
Topic: Replacing timing belt on 2009 Accord(Do it or sell?)
Replies: 66
Views: 3898

Re: Replacing timing belt on 2009 Accord(Do it or sell?)

Replace the timing belt. This is no brainer stuff. This is maintenance cost of ownership stuff. The fact that you are questioning this tells me you don't change your oil??? You have some mileage / time to work around. Its not like its going to brake 500 miles over the recommended change interval. Bu...
by derosa
Sat Jan 23, 2016 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Better to be Paid on W-2 or as an Independent Contractor?
Replies: 15
Views: 1677

Re: Better to be Paid on W-2 or as an Independent Contractor?

Being an employee or an independent contractor is not determined by pay. It's defined by how you work. There are very specific rules and definitions of what makes a worker an employee or a contractor. Just think - how does a contractor get a paid day off? You are independent- right? Are you in charg...
by derosa
Sat Jan 23, 2016 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: How bad off are we?
Replies: 24
Views: 3892

Re: How bad off are we?

Remember that you control what you spend.

You also control what you save.

If your analysis doesn't show you what you prefer the spend less which will help you save more
by derosa
Sat Jan 23, 2016 3:22 pm
Forum: Investing - Theory, News & General
Topic: What was the 2000 crash like in real time?
Replies: 65
Views: 5725

Re: What was the 2000 crash like in real time?

Who knows? The same thing for 1987 or 2008 or 2016.

Life is too busy to watch paint dry. "In real time" makes it sound like a movie that you are watching a movie or something.

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