Search found 671 matches

by gasman
Sun Jan 14, 2018 7:55 am
Forum: Personal Finance (Not Investing)
Topic: COBRA alternative for 1 month? (it's $2,400 per month!)
Replies: 69
Views: 3300

Re: COBRA alternative for 1 month? (it's $2,400 per month!)

You might want to confirm the start date of coverage with new employer. Years ago my wife took job where coverage did not start till the first of the month plus 90 days after employment commenced.
by gasman
Wed Jan 10, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 158
Views: 15562

Re: Anyone disenchanted with retirement?

I know several docs who have more than enough to retire. Working till they can't. They keep working a full load including night call. I think the reason is that they have nothing else. Cultivated no hobbies. Essentially lived separate lives from their families while working so hard for so long. They...
by gasman
Sun Jan 07, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Money and Morality
Replies: 5
Views: 1194

Re: Money and Morality

Few days ago, I was looking for the book "Enough" by JB that I though I bought it, but I couldn't find it. Went to library to borrow one carrying along with me on the trip and read while I was on the plane. Also, while browsing topics on Quora, I found someone posted a link to this article talking ...
by gasman
Fri Dec 29, 2017 7:49 am
Forum: Investing - Theory, News & General
Topic: The Growing Peril of Index Funds: Too Much Tech
Replies: 67
Views: 5685

Re: The Growing Peril of Index Funds: Too Much Tech

I still remember Vanguard sending out a letter to its shareholders in late 1999 or early 2000 highlighting the effect that the tech run up had on index 500 and particularly index growth fund's lack of diversification.
by gasman
Fri Dec 08, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund
Replies: 14
Views: 1488

Re: Volatility of Vanguard Intermediate-Term Tax-Exempt Fund

Muni bonds have been more volatile than similar duration treasury or corporate bonds for the last month or so. I believe that it is related to uncertainty how proposed tax legislation will affect the municipal bond market.
by gasman
Tue Oct 24, 2017 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Heading to ER, surprise bills [update: home again]
Replies: 44
Views: 5822

Re: Urgent! Heading to ER, surprise bills

Update. I've been discharged. I've only been asked to pay the co-pay. Let's see if more bills come in. I have a question regarding resident physicians. Both the ER physician and the radiologist during this visit are residents. I didn't see an opthamologist. I know residents are on salary - obscenel...
by gasman
Thu Oct 12, 2017 3:53 pm
Forum: Personal Consumer Issues
Topic: Going First Class
Replies: 42
Views: 2725

Re: Going First Class

If you are tall or wide, full pay first class is well worth it for this tall and wide bogelhead who still drives a Camry and lives in a house that costs less than one year's salary.
by gasman
Sun Sep 17, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare patients pay FAR MORE at 1300 rural Critical Access Hospitals
Replies: 55
Views: 4031

Re: Medicare patients pay FAR MORE at 1300 rural Critical Access Hospitals

Costs for care at rural hospitals are generally higher. The reason being is that it is considered in the best interests of public policy that people have reasonably close access to a hospital. Medicare will pay more for these critical access hospitals. Quality of care is generally lower. Reason bein...
by gasman
Mon Sep 11, 2017 4:58 am
Forum: Personal Finance (Not Investing)
Topic: Non-Governmental 457(b)
Replies: 4
Views: 528

Re: Non-Governmental 457(b)

Read the Plan document. Your options should be there. You might be able to leave it there for awhile and pick a distribution date in the distant future.
by gasman
Sun Sep 10, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: first time CD through V Brokerage: any cautions?
Replies: 9
Views: 1379

Re: first time CD through V Brokerage: any cautions?

Stay under $250,000 FDIC limit.
Likely to get slightly better yields by buying on secondary market as opposed to new issues. Likely will have to pay a little above par. The fraction above par is not FDIC insured.
by gasman
Fri Sep 08, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 502
Views: 49522

Re: Picking College and College Scholarships

You cannot overestimate how competitive the top schools have become. National Merit Scholarship winners with perfect grades routinely get rejected from the ivies, MIT, Stanford, U Chicago, etc. Little if any merit money to be had from this group. If your son is a national Merit Scholar there will be...
by gasman
Thu Aug 31, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Spinning off 23 Year Old Son (Car)
Replies: 17
Views: 1523

Re: Spinning off 23 Year Old Son (Car)

Might also want to check rates where he is going to be keeping the car. Philadelphia had absolutely brutal insurance rates compared to the rest of the state when we lived there a long time ago.
by gasman
Wed Aug 23, 2017 7:57 am
Forum: Personal Consumer Issues
Topic: Would you hire an obese nanny?
Replies: 81
Views: 3634

Re: Would you hire an obese nanny?

As long as I wasn't paying her health insurance, I would hire her.
by gasman
Tue Aug 22, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Landlord - collections
Replies: 13
Views: 1413

Re: Landlord - collections

It goes both ways. Many years ago I rented an apartment from a landlord that had a bad record of returning security deposits. Lots of charges deducted. The company required two months security. Based on this information, I declined to pay the last two months. When he protested, I said send me an ite...
by gasman
Sun Aug 20, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: Frozen steaks ordered through the mail
Replies: 29
Views: 3441

Re: Frozen steaks ordered through the mail

Costco cuts their steaks too thick.
Lobels is awesome but very expensive.
Allen Brothers is slightly lower quality but a much better value.
Local Butcher can be awesome if you have a have access to one.
by gasman
Mon Aug 14, 2017 5:23 pm
Forum: Investing - Theory, News & General
Topic: Fed unloading bonds?
Replies: 19
Views: 2907

Re: Fed unloading bonds?

Everyone knows about the Fed's plans. So this should be built into current prices.
Also, other foreign central banks could take up the slack and print money and buy US Treasury bonds.
Nobody knows nothing.
by gasman
Wed Aug 09, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: Municipal Funds in a Traditional IRA?
Replies: 24
Views: 1508

Re: Municipal Funds in a Traditional IRA?

I think that there is a very rare (maybe once a generation case) to be made for buying muni bonds in a tax advantaged account: If you are willing to market time and and believe that municipal bonds are cheap relative to taxable bonds. In the last decade, (POST MEREDITH WHITNEY) the muni/treasury rat...
by gasman
Sat Aug 05, 2017 4:24 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 10846

Re: Has the "bond bubble" caused you to change your allocation?

Slight tinkering. A little shorter duration as the yield curve as flattened. A little more in CDs as opposed to corporates as the corporate to treasury spread has narrowed. Nibbling at TIPs in the 7-10 year range whenever real yield gets above 0.5%.
by gasman
Sat Jul 29, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 98
Views: 12314

Re: Your "at peace" moments.

first sip of a martini on friday afternoon with good weather that I don't have to work the weekend.
by gasman
Sat Jul 15, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: Urgent 1st world problem [coffeemaker]
Replies: 48
Views: 3823

Re: Urgent 1st world problem [coffeemaker]

Love our technivorm
by gasman
Wed Jun 14, 2017 11:10 am
Forum: Investing - Theory, News & General
Topic: The amount of mined gold is increasing fairly rapidly, IMO
Replies: 22
Views: 2058

Re: The amount of mined gold is increasing fairly rapidly, IMO

If we ever go back to the gold standard, Gold mining companies get to be the new central bankers. :shock: :shock:
by gasman
Wed May 17, 2017 9:49 pm
Forum: Personal Consumer Issues
Topic: Paris private tours
Replies: 12
Views: 1456

Re: Paris private tours

Looking to save time, avoid lines, not waste time wandering. Don't think recorded tour would be optimal
by gasman
Wed May 17, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: Paris private tours
Replies: 12
Views: 1456

Paris private tours

Going to Paris first time in one month. Staying in the Marais for one week. Would like to arrange private tour of The Louvre maybe a private car tour as well. Have done in other international cities and found it a worthwhile expense. Does anyone have any recommended tour services or specific suggest...
by gasman
Thu Apr 20, 2017 6:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 45193

Re: Larry Swedroe says "Goodby."

Thank you Larry. In my book you are a mensch.
by gasman
Tue Mar 28, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Red light camera Fort Worth
Replies: 50
Views: 4453

Re: Red light camera Fort Worth

Wait a second... right turn on red is legal in Texas unless there's a sign. It's legal, but must come to a complete stop before proceeding. I had a red light camera ticket in another TX city, when I received the notice I called BS until I went to their website and was able to see the video. I clear...
by gasman
Thu Mar 09, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time for TIPS?
Replies: 13
Views: 2444

Re: Is it time for TIPS?

David Jay wrote:TIPS yield is low and inflation is low. I would hold off, at least for now.
Yields are low...but they are ticking up. Might even add a double rung to my ladder at this month's ten year auction.
by gasman
Wed Feb 22, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads work BECAUSE its hard
Replies: 22
Views: 3008

Re: Bogleheads work BECAUSE its hard

I don't think that it is "hard". I think that it is somewhat an inborn trait. Human beings are hardwired to be bad investors. This has been discussed numerous times. The field of behavioral finance is replete with literature supporting this. I am willing to bet that bogleheads who are able to stay t...
by gasman
Tue Jan 24, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2791

Re: Tax return for adult daughter

kaneohe wrote:
gasman wrote:Similar question. My daughter graduated college in May. Moved to another state in July and started full time employment. ...................................
and June?
traveled. hung out with friends.
by gasman
Tue Jan 24, 2017 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2791

Re: Tax return for adult daughter

Ouch. Thanks for the info.
by gasman
Mon Jan 23, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2791

Re: Tax return for adult daughter

Similar question. My daughter graduated college in May. Moved to another state in July and started full time employment. We paid for her tuition. Name brand high priced college. Paid for tuition and last semester expenses from 529 plan owned by me for which she was the beneficiary. Disbursement mad...
by gasman
Sun Jan 22, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Tax return for adult daughter
Replies: 26
Views: 2791

Re: Tax return for adult daughter

Similar question. My daughter graduated college in May. Moved to another state in July and started full time employment. We paid for her tuition. Name brand high priced college. Paid for tuition and last semester expenses from 529 plan owned by me for which she was the beneficiary. Disbursement made...
by gasman
Tue Jan 03, 2017 2:37 pm
Forum: Personal Consumer Issues
Topic: Thoughts on this inverse living floor plan and building a home in general
Replies: 30
Views: 2944

Re: Thoughts on this inverse living floor plan and building a home in general

This type of home design is very common in coastal areas prone to flooding. Lots less damage from flood waters. If I lived in such a an area would prefer this type of design. Other than that, not so much.
by gasman
Mon Nov 21, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 742

Re: Tax loss BMBIX

pshonore wrote:These kinds of questions can be answered by looking at the Prospectus:

http://content.rwbaird.com/BairdFunds/P ... pectus.pdf (page 104)

Sorryy, couldn't copy and paste.

Thank you. Not the answer I wanted. Will have to wait till early 2017.
by gasman
Mon Nov 21, 2016 5:04 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 742

Re: Tax loss BMBIX

When selling for a loss, you have a wash sale if you acquired replacement shares in the wash sale window 30 days before and 30 days after the sale. I don't think it matters whether the fund accrues dividends daily or not. If you did not reinvest in the wash sale window you're good. If the fund decl...
by gasman
Mon Nov 21, 2016 2:18 pm
Forum: Investing - Theory, News & General
Topic: Tax loss BMBIX
Replies: 5
Views: 742

Tax loss BMBIX

Would like to tax loss harvest BMBIX. Last purchase was less than six months ago. Does anyone know if they declare their dividends daily so part of the loss won't be disallowed? Can't find the info in the fund documents?
by gasman
Mon Oct 31, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: Rationale for doctors' offices not booking >6 months ahead?
Replies: 26
Views: 3437

Re: Rationale for doctors' offices not booking >6 months ahead?

calendar software limitations. Doctors who go to multiple offices not knowing their work schedule that far out. Doctors not knowing their vacation schedule that far out.
by gasman
Mon Oct 31, 2016 5:42 am
Forum: Personal Finance (Not Investing)
Topic: person not following through after scraping my car
Replies: 19
Views: 3223

Re: person not following through after scraping my car

Had the same thing happen to me. His insurance company told me to pound sand. Had to go through my own. Of course the high deductible made it not worth it.
by gasman
Sun Oct 23, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Medical practice (Neurology) buy-in
Replies: 28
Views: 2281

Re: Medical practice (Neurology) buy-in

Agree with stay the course and others who feel that this is likely a ripoff. If you do consider buying in, do it as a salary reduction over five years or so.
by gasman
Wed Oct 12, 2016 12:22 pm
Forum: Investing - Theory, News & General
Topic: Why aren't international stocks cheaper?
Replies: 29
Views: 3430

Re: Why aren't international stocks cheaper?

Because people (wrongly) believe that they will grow faster then the US in the next 20 years. On the surface, I believe this to be a key point. No one has any idea which will provide a higher return. Low valuations indicate higher expected but not guaranteed returns. High valuations indicate lower ...
by gasman
Mon Oct 10, 2016 5:53 pm
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 139
Views: 23162

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

I have noted that many people place a huge value on how others spend their money. Those who spend as they do affirm their choices. Those that spend differently is an implied criticism. Big house and fancy cars vs. small house practical cars. Public school vs. Private school. Clothes, Jewelry, etc., ...
by gasman
Mon Oct 10, 2016 9:52 am
Forum: Investing - Theory, News & General
Topic: Where do you keep your kids' money?
Replies: 54
Views: 8065

Re: Where do you keep your kids' money?

Earned income- Roth IRA

unearned income: 1. UGMA Account @ Vanguard. Opened when infants. Invested in Vanguard Intermediate term Corporate to make use of the tax benefit every year. Used the account during high school years to pay for private school tuition. 2. 529.
by gasman
Wed Oct 05, 2016 5:33 am
Forum: Personal Finance (Not Investing)
Topic: Which one to do first, a Refinance or Remodel?
Replies: 10
Views: 902

Re: Which one to do first, a Refinance or Remodel?

Both at the same time. Refinance and set up a home equity line of credit as part of the same process that you tap to remodel.
by gasman
Sat Oct 01, 2016 8:05 am
Forum: Investing - Theory, News & General
Topic: Municipal bonds, determinants of returns, don't forget liquidity
Replies: 18
Views: 1646

Re: Municipal bonds, determinants of returns, don't forget liquidity

Larry, How do you deal with high bracket investors who have most of their assets in taxable accounts who want the after tax benefits of munis and who want to keep some "dry powder" in a taxable account for buying stocks when prices drop? In the financial crisis munis became relatively illiquid and t...
by gasman
Sun Sep 25, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: How much is free lifetime healthcare worth?
Replies: 2
Views: 694

Re: How much is free lifetime healthcare worth?

I guess it depends on how easy it was to access that healthcare. My understanding of the Canadian system is that unless you know somebody, there is a significant queue for many medical services.
by gasman
Fri Sep 23, 2016 1:08 pm
Forum: Personal Consumer Issues
Topic: Cancun, Grand Cayman or Other Caribbean Islands
Replies: 28
Views: 3032

Re: Cancun, Grand Cayman or Other Caribbean Islands

have also stayed at intercontinental cozumel. Lovely property and service. Cozumel is pretty quiet and relaxed. Would definitely do the fly direct thing to cozumel as opposed to cancun/ferry option.
by gasman
Fri Sep 23, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Cancun, Grand Cayman or Other Caribbean Islands
Replies: 28
Views: 3032

Re: Cancun, Grand Cayman or Other Caribbean Islands

Depends what your priorities are: January can be a little spotty in grand cayman weather wise. More reliable pool/beach weather in Cancun. Grand Cayman is more expensive than Cancun. If you are into the ocean beach swimming as opposed to pool. Lots of the properties on Cancun have rough surf and mar...
by gasman
Wed Sep 14, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Denied Term Life Insurance/A Reminder to Get Your House in Order
Replies: 40
Views: 5055

Re: Denied Term Life Insurance/A Reminder to Get Your House in Order

You didn't share your medical condition. Many medical conditions are more likely to result in moderate to long term disability as opposed to sudden death. Maximizing disability benefits at minimal costs given your situation may be something that you should consider.
by gasman
Mon Sep 12, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Suggestions for locations for post-Christmas vacation in Carribbean?
Replies: 13
Views: 1503

Re: Suggestions for locations for post-Christmas vacation in Carribbean?

The two weeks around christmas new years are brutally expensive for accommodations and airfare. Missing some school for early primary grades won't be that big a deal if that's your concern for choosing those dates. If you do book those dates BOOK EARLY. Kid friendly at that age to us meant a good sa...
by gasman
Wed Aug 24, 2016 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard discouraging investing with Prime MM
Replies: 12
Views: 3297

Vanguard discouraging investing with Prime MM

Everyone is aware of the move by Vanguard to use the Federal Money market as the settlement account for VBS transactions. In the last 90 days I have had my HSA and my 401k (which have different custodians managing) replace the Vanguard Prime money market option with something else. It seems that Van...
by gasman
Tue Aug 23, 2016 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Hidden Wealth of the Silent Generation
Replies: 9
Views: 1869

Re: Hidden Wealth of the Silent Generation

If he was in the Army in Korea, he experienced WW2 as an adolescent and maybe the great depression was part of his memories. In addition to the deprivations that those who served overseas experienced, for those that were home due to youth or gender - meat, gasoline, butter, and sugar were rationed. ...