Search found 656 matches

by exoilman
Fri Jun 22, 2018 4:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Mel Lindauer
Replies: 16
Views: 581

Re: Happy Birthday Mel Lindauer

Happy Birthday :sharebeer

Thanks for all your great advice over many years.

Best
Sam
by exoilman
Tue Jun 19, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Carpet Installers- Tipping?
Replies: 22
Views: 1419

Re: Carpet Installers- Tipping?

I buy lunch for work crews, everyone on the job site. If it's not practical, I give the Foreman some money to hand out to the crews for lunch. Also, provide water, etc, when they are working if I can. And, thank and praise everyone for good work as much as I can. Coming from the trades, I know how ...
by exoilman
Tue Jun 19, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 124
Views: 6657

Re: gray hair

Does gray include silver? :?

Sam
by exoilman
Sat Jun 09, 2018 6:39 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle on Fox Business Channel Friday June 8
Replies: 65
Views: 5434

Re: Jack Bogle on Fox Business Channel Friday June 8

Frankly, I was surprised that (a) Jack agreed to be on this Fox program and, (b) that Maria chose to have him as a guest. Unfortunately, most of her guests are closely associated with Wall Street. But when she began her questions loaded with the oft-repeated criticisms of indexing, I understood. I ...
by exoilman
Thu May 17, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 498
Views: 29964

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

SpringMan wrote:
Wed May 16, 2018 7:30 pm
We were in a lower bracket when we retired but once RMDs kicked in at age 70.5 that was no longer the case. I consider this a good problem to have.
+1
by exoilman
Mon May 14, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing for RMD's in 2 3/4 years
Replies: 4
Views: 544

Preparing for RMD's in 2 3/4 years

My wifes Vanguard account has been TSM for all the years she has invested. I am thinking 50% Wellington and 50% Wellesley now. This way we can rebalance when necessary or take RMD based on how we feel market conditions dictate. Our thinking is that the TSM has done well and now should not be forced ...
by exoilman
Fri Apr 20, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Do Apple products need Norton anti Virus?
Replies: 12
Views: 1074

Do Apple products need Norton anti Virus?

We recently replaced our HP with an IMAC computer. The salesperson said we no longer needed Norton. Do I need any anti virus protection for the IMAC?

Thanks
Sam
by exoilman
Sat Apr 14, 2018 2:35 pm
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 126
Views: 18533

Re: Tipping for restaurants where you order at the counter

I tip often, including situations where most would not tip at all, and amounts greater than people would expect. Absolutely, I would leave a tip in the situation described by the OP. Most of these people have crappy jobs and really need the money. And I tip even more if it's a young kid. I freaking...
by exoilman
Sat Apr 14, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Tipping for restaurants where you order at the counter
Replies: 126
Views: 18533

Re: Tipping for restaurants where you order at the counter

mega317 wrote:
Mon May 15, 2017 1:13 am
I usually just tip even though it's probably not justified. The few dollars mean more to them than me.
:sharebeer
by exoilman
Thu Apr 12, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Wanting to leave Fidelity
Replies: 97
Views: 10793

Re: Wanting to leave Fidelity

Always passive wrote:
Thu Apr 12, 2018 11:51 am
Before you go through the effort of moving to another institution, make sure that you will get a better service. I have had my money at Fidelity for 25 years and I find their service exceptional.
+1
by exoilman
Sat Apr 07, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 17052

Re: What can we learn from secret millionaires.

When will millionaire be replaced with multimillionaire? I remember John Beresford Tipton handing out a million in the late fifties. :D

Sam
by exoilman
Thu Mar 29, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: Fisher Investments hard sell
Replies: 40
Views: 39810

Re: Fisher Investments hard sell

"I wonder how they pay for all that expensive advertising and agents that go to your house......" AUM fees on accounts that require minimal hourly commitment are extremely lucrative. A $1MM IRA, once set up, will require maybe 5 man-hours per year of investment management time with today's technolo...
by exoilman
Thu Mar 29, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: "Letter of Final Instructions"
Replies: 52
Views: 12612

Re: "Letter of Final Instructions"

Reference

Thank you Taylor
by exoilman
Tue Mar 27, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8522

Re: How old were you when you started spending your “principal”?

Gill wrote:
Sun Mar 25, 2018 3:15 pm
Don't know yet. Have been retired for 15 years and the portfolio is still larger than when I retired in spite of spending principal each year.
Gill
Retired 15 years, same here :sharebeer
by exoilman
Wed Mar 21, 2018 6:19 am
Forum: Personal Finance (Not Investing)
Topic: NJ muni's, funds or individual
Replies: 7
Views: 700

Re: NJ muni's, funds or individual

Perhaps I didn't state my question accurately. Your recommendation is exactly what I want. 3% NJ tax free fund gets to > 5% taxable equivalent. I will start looking at Vanguard, Fidelity, and some others.

Thanks
Sam
by exoilman
Mon Mar 19, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: NJ muni's, funds or individual
Replies: 7
Views: 700

NJ muni's, funds or individual

Hello, For a taxable account, federal and NJ state tax free funds or individual muni's. We are in the 32% fed. and 6.7% NJ tax bracket. Is there any out there that would equate to >5% tax free? Does that tax free income get added to AMT? The SALT has affected us and I assume this will help? Thanks Sam
by exoilman
Wed Mar 07, 2018 9:51 am
Forum: Investing - Theory, News & General
Topic: Is Cash Trash? The Purpose of Cash
Replies: 178
Views: 18535

Re: Is Cash Trash? The Purpose of Cash

This is another way of saying the same as Rick, but adding in risk tolerance. Holding cash as a portfolio position provides benefits for aggressive traders as well as investors with less tolerance for risk. Aggressive traders can take advantage of portfolio liquidity for opportunistic purchases, wh...
by exoilman
Fri Feb 23, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38902

Re: What UN-frugal thing do you do?

:sharebeer
randomizer wrote:
Wed Feb 21, 2018 4:27 pm
Splurging on food and drink. One of the good things about being alive.
:sharebeer
by exoilman
Sun Jan 28, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: Home Alarm Systems
Replies: 16
Views: 1650

Home Alarm Systems

Hello All, I want to put a complete system in our home. I would appreciate some recommendations as to providers and needs, e.g. windows, doors, cameras, 911, fire etc. We live in a three floor townhome. Also wireless is my preference. I am not interested in DIY so anyone with systems like ADT etc. w...
by exoilman
Thu Nov 30, 2017 7:33 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 11094

Re: Which crash have you seen it before it is coming?

I've been waiting for a 10% correction for two years now. My "dry powder" is getting dryer.

Sam
by exoilman
Tue Oct 24, 2017 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Can one have too much money in tax-deferred
Replies: 128
Views: 13387

Re: Can one have too much money in tax-deferred

I have a problem with the phrase "too much" in this regard, but RMDs will be expensive for us. Unless my wife retires this afternoon, which is looking less and less likely as it's already after 2PM, she will probably work for another few years and have deferred (involuntary) compensation whose vest...
by exoilman
Mon Oct 23, 2017 6:33 am
Forum: Personal Consumer Issues
Topic: What is the best thing to use to hang pictures?
Replies: 34
Views: 3008

Re: What is the best thing to use to hang pictures?

Hyperborea wrote:
Sun Oct 22, 2017 2:17 pm
I like these hangers. They work well, there is no drilling just a hammer so easier to clean up when the picture is removed, and they have models designed for different weights.

http://www.ooks.com/index.html

Image

+1 :thumbsup
by exoilman
Sat Oct 21, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 35018

Re: Does anyone here with net worths north of $1 mil use financial advisors?

joe8d wrote:
Fri Oct 20, 2017 7:54 pm
No. Always been DIY.
+1

Learned from my own mistakes in the early seventies.

Sam
by exoilman
Fri Oct 20, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 6260

Re: just hit the two comma club today...some thoughts

Congrats! :sharebeer Onwards and upwards. Most millionaires did not get there by luck, windfalls or inheritances. They arrived by taking little steps that compounded into giant great leaps over time with occasional bumps in the road. Good work! Couldn't agree more! :sharebeer Check article below. C...
by exoilman
Mon Oct 09, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 8173

Re: Has your "risk tolerance" been tested?

exoilman wrote:
Sat Oct 07, 2017 9:10 am
Age and assets will affect some of the of the answers.

Sam age 74 and no need to take risk.
Sorry I forgot to mention ~ 35/75 and will consider raising equity to 40/60 if market corrects 10% from current.

Sam
by exoilman
Sat Oct 07, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 8173

Re: Has your "risk tolerance" been tested?

Age and assets will affect some of the of the answers.

Sam age 74 and no need to take risk.
by exoilman
Sat Oct 07, 2017 6:17 am
Forum: Investing - Theory, News & General
Topic: Are stocks going up only because all the alternatives are lousy?
Replies: 45
Views: 5773

Re: Are stocks going up only because all the alternatives are lousy?

Standard Boglehead disclaimer, I realize I know nothing, so I keep investing according to my plan. However, if I was inclined to listen to my own suspicions, I would say we have expanded the money supply greatly, but the inflation monster is nowhere to be found. Perhaps increased wealth inequality ...
by exoilman
Wed Sep 27, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Qualified Charitable [Distributions] from Vanguard
Replies: 12
Views: 1534

Re: Qualified Charitable Deductions from Vanguard

Why would they withhold tax on a qcd? this explains https://www.google.com/search?source=hp&q=qcd+tax+reporting&oq=qcd+tax&gs_l=psy-ab.1.1.0l2j0i22i30k1l2.3216.7555.0.10415.7.7.0.0.0.0.160.995.0j7.7.0.dummy_maps_web_fallback...0...1.1.64.psy-ab..0.7.995...46j0i131k1j0i131i46k1j46i131k1j0i46k1.0.49C...
by exoilman
Sun Sep 24, 2017 6:58 am
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 11702

Re: Retirees, what is your marginal tax rate?

CurlyDave wrote:
Sat Sep 23, 2017 1:06 pm
Marginal rates: 28% Federal, 9% state.

Sure, I would like it to be lower, but this is a good problem to have.
+1 :sharebeer
by exoilman
Fri Sep 22, 2017 7:56 am
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 102
Views: 11702

Re: Retirees, what is your marginal tax rate?

Swansea wrote:
Fri May 12, 2017 2:52 pm
25% now, but may change once I start RMDs.
Similar for me and now RMD's for last 3 years bumped us into 33%. So now restructuring taxable acct. to munis and federal tax free. Also some non dividend stocks and ETF's for future growth.

Sam
by exoilman
Sun Sep 17, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 63
Views: 8049

Re: Physiological effects of Early Retirement in peak earning years.

Raybo wrote:
Sat Sep 16, 2017 6:11 pm
My father died when he was 58. I retired as early as I could.
Same here, I retired at 58 in 2003

Sam
by exoilman
Fri Sep 15, 2017 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Wash rule question
Replies: 5
Views: 535

Wash rule question

I am taking some tax losses in my taxable account. Can I buy the same security in my IRA account without waiting for the 30 day wash rule?

Thanks
Sam
by exoilman
Mon Sep 04, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: NJ municipal bonds
Replies: 5
Views: 792

NJ municipal bonds

I am interested in purchase of high quality NJ muni's. I am in the 33% tax bracket and my RMD's are substantial. Any recommendations will be appreciated.

Thanks
Sam
by exoilman
Thu Jul 06, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Wash rule
Replies: 2
Views: 550

Wash rule

If I were to sell my XOM stock (at a loss) and buy equal dollar value XLE same day is that a violation of wash rule?

Sam
by exoilman
Thu Jun 22, 2017 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: IRA friendly MLP's
Replies: 2
Views: 365

IRA friendly MLP's

Are there any that don't require K-1 or have any other tax implications?

Thanks
Sam
by exoilman
Mon Jun 05, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 7139

Re: NJ Lemon Law 2017 Honda CRV

A jumper is not a solution. If a lead acid battery is discharged and remains discharged, it will be damaged. It accelerates the sulfation process that leads to battery death. If you have a significant parasitic load, you will need to keep it on a maintenance charger to avoid damage to the battery. ...
by exoilman
Fri Jun 02, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 7139

Re: NJ Lemon Law 2017 Honda CRV

We just picked up our CRV today after 3rd visit. Looks like they found the problem which caused the battery drain. It was a software fix the car needed. We'll see and hopefully no more problems relating to this. When I contacted Honda USA they knew of the problem and perhaps my desire to use the NJ ...
by exoilman
Tue May 23, 2017 6:11 am
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 7139

Re: NJ Lemon Law 2017 Honda CRV

Thank you to all for your input. Yesterday I initiated our concerns by calling Honda USA where I was assigned a case number. They will contact the dealer for the first step. Our hope is that a fix is coming. We really like the car.

Regards
Sam
by exoilman
Sat May 20, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: NJ Lemon Law 2017 Honda CRV
Replies: 25
Views: 7139

NJ Lemon Law 2017 Honda CRV

Has anyone taken advantage of NJ Lemon Law? We recently purchased a 2017 Honda CRV Touring model. On two occasions, last one this week and the other last week the battery goes dead. By dead I mean nothing operational. We like the car very much so would like resolution. The first time they told us we...
by exoilman
Thu Apr 20, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: 1 million minimum MM at Fidelity
Replies: 4
Views: 1714

1 million minimum MM at Fidelity

While looking at some funds FMPXX (1.02% taxable) and FTCXX (.75% tax exempt) the minimum for entry is 1 million dollars. These are available to individuals. Used to be institutional only. I guess a good place for wealthy investors waiting for market correction.

Regards
Sam
by exoilman
Thu Mar 30, 2017 6:39 am
Forum: Personal Finance (Not Investing)
Topic: When do you plan to die?
Replies: 164
Views: 15327

Re: When do you plan to die?

Prior to my wife, children and grandchildren. :beer

Sam
by exoilman
Fri Feb 24, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: New car purchase
Replies: 12
Views: 1996

Re: New car purchase

The dealer took 3K as my down payment. When I returned to pick up our new car they took another 1K and our check for the balance.

Sam