Search found 382 matches

by gerntz
Fri Sep 23, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 200
Views: 21056

Re: Evicting a tenant-Hire lawyer?

I wouldn't be able to prove ownership w/o going to the police & have them look up ownership. OTOH, I have to believe a locksmith has access to whom owns which properties before said smith agrees to work on them w/o direction from a legal authority. Net, I don't see where the smith is off the le...
by gerntz
Tue Sep 20, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 200
Views: 21056

Re: Evicting a tenant-Hire lawyer?

I don't care what she is & I don't know the legalities, but to me you should have to prove ownership, not merely tenancy. And if that's the legal requirement, then the locksmith would have liability. As for losing the keys, it's the property owner who has the right to change the locks, not the ...
by gerntz
Tue Sep 20, 2016 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 200
Views: 21056

Re: Evicting a tenant-Hire lawyer?

Met with the locksmith who changed the locks for the tenant. As expected, my tenant paid him with a check that bounced. He provided me with a copy of the check and the receipt. Called the police, Sargent heard about the situation and met with me. He said there's more than enough evidence to add bre...
by gerntz
Mon Sep 19, 2016 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 200
Views: 21056

Re: Evicting a tenant-Hire lawyer?

Met with the locksmith who changed the locks for the tenant. As expected, my tenant paid him with a check that bounced. He provided me with a copy of the check and the receipt. Called the police, Sargent heard about the situation and met with me. He said there's more than enough evidence to add bre...
by gerntz
Sun Sep 18, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Evicting a tenant-Hire lawyer?
Replies: 200
Views: 21056

Re: Evicting a tenant-Hire lawyer?

Met with the locksmith who changed the locks for the tenant. As expected, my tenant paid him with a check that bounced. He provided me with a copy of the check and the receipt. Called the police, Sargent heard about the situation and met with me. He said there's more than enough evidence to add bre...
by gerntz
Sun Sep 18, 2016 9:00 am
Forum: Personal Finance (Not Investing)
Topic: How do you view money over and above your number?
Replies: 47
Views: 4330

Re: How do you view money over and above your number?

We have more than enough - more, not grossly more - to live our lives the way we want & aren't looking for ways to change from that by spending more. If we did that, we'd no longer have more than enough & be living closer to the edge. We prefer safety over spending excessively to our lifesty...
by gerntz
Fri Sep 16, 2016 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Tenant Background Check and Credit Check
Replies: 23
Views: 1650

Re: Tenant Background Check and Credit Check

Surely you've sought legal advice.
by gerntz
Sun Sep 11, 2016 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 205
Views: 21726

Re: $50M+ - Need a sounding board/advice

Listen to your wife.
by gerntz
Sun Sep 11, 2016 8:50 am
Forum: Investing - Help with Personal Investments
Topic: How to invest my British pound salary
Replies: 18
Views: 1037

Re: How to invest my British pound salary

I've searched around a bit and it looks like I can't purchase my favorite Vanguard index funds directly with pounds - I'd have to exchange to dollars first. This seems quite inefficient, especially given the recent fall in pound's value. . Unless you know where the pound/dollar value relationship i...
by gerntz
Sun Sep 11, 2016 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Why are Treasury prices AND Stock prices both down today?
Replies: 45
Views: 4160

Re: Why are Treasury prices AND Stock prices both down today?

pbearn wrote:
[b]That increase in long term rates last week, and the increased expectation for the Fed to increase short term rates, is bad for the prices of both stocks and bonds, and that's what we saw on Friday.
It's good for savers & CD rates. Those people have been crippled by cheap rates.
by gerntz
Sun Sep 11, 2016 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Is my financial adviser expensive? Can I improve my portfolio?
Replies: 37
Views: 3824

Re: Is my financial adviser expensive? Can I improve my portfolio?

Background: I have had my financial adviser for around ten years. I wanted to invest in mutual funds from DFA (Dimensional Fund Advisors), and my adviser had access to DFA funds. My adviser is a CFA (Chartered Financial Analyst), so he has a fiduciary duty to me. --- Question 1: My financial advise...
by gerntz
Sun Sep 11, 2016 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Why are Treasury prices AND Stock prices both down today?
Replies: 45
Views: 4160

Re: Why are Treasury prices AND Stock prices both down today?

Hmm. First, if you are worrying about daily fluctuations in stock (and bond) prices, then maybe even 30% in stocks is too much for you. Next, if worried about small fluctuations in bond prices (and if they happen to be in the same direction as fluctuations in stock prices), then perhaps you would b...
by gerntz
Sun Sep 11, 2016 7:33 am
Forum: Investing - Help with Personal Investments
Topic: About to retire.Seeking advice for setting up IRA
Replies: 20
Views: 1395

Re: About to retire.Seeking advice for setting up IRA

Moonpie wrote:T

401k and pension should be about 1.2M to transfer to IRA I didn't list the funds as the account will soon be closed.

Unless I'm missing something, how do you transfer a pension to an IRA?
by gerntz
Thu Sep 08, 2016 10:48 am
Forum: Investing - Help with Personal Investments
Topic: ETFs to DFA funds?
Replies: 5
Views: 679

Re: ETFs to DFA funds?

Currently my entire portfolio is in ETFs. Why? I live overseas and cannot buy mutual funds. I have been considering getting a US mailing address to bypass that issue, and more specifically to convert the portfolio to DFA funds via Evenson, a passive investments advisor. The cost to go with Evanson ...
by gerntz
Sun Aug 28, 2016 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Social Security for the month of retirement
Replies: 8
Views: 968

Re: Social Security for the month of retirement

Does the world end if her first SS check is in June? Won't her monthly SS check rise a bit also by waiting till June?
by gerntz
Sun Aug 28, 2016 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Advice for unemployed 64-year old broke friend
Replies: 75
Views: 7899

Re: Advice for unemployed 64-year old broke friend

drawpoker wrote:
Billionaire wrote:.....start collecting SS now. If he owns a house sell it now. ........



Even working as a greeter at Walmart. Or some other menial job
I don't believe any such job exists for honest labor. Awful post.
by gerntz
Thu Aug 25, 2016 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Windfall Investing Help
Replies: 10
Views: 1472

Re: Windfall Investing Help

Hi Everyone, Nedsaid: From there we are exploring options. We are very analytical people and don't want/need significant outside help from financial advisers who command significant fees. We feel we can use the sale proceeds as a jump start to retirement and financial independence. As we make good ...
by gerntz
Thu Aug 25, 2016 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor
Replies: 12
Views: 1544

Re: Vanguard Personal Advisor

Don't like percentage fees.
by gerntz
Wed Aug 24, 2016 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Did you use Real Estate to build wealth?
Replies: 45
Views: 3593

Re: Did you use Real Estate to build wealth?

Well, have used it more to generate income & secondarily to increase NW. Both working fine. That said, it's only about 10% of both.
by gerntz
Sun Aug 21, 2016 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Rick Ferri Portfolio Review
Replies: 34
Views: 4215

Re: Short-term cash reserves?

Where do short-term cash reserves come into play here? gerntz: Assuming one can obtain cash from their credit-card, bank, portfolio or elsewhere, I see no reason to add a separate low-yielding "cash reserve" account that may never be used. Best wishes. Taylor Thanks for the input. I don't...
by gerntz
Sun Aug 21, 2016 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Fee-only financial advisor/planner
Replies: 17
Views: 1777

Re: Fee-only financial advisor/planner

Why does this advisor need to be geographically close to anywhere? Discussions can be done by phone or video conference & the rest by the internet.
by gerntz
Sun Aug 21, 2016 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Rick Ferri Portfolio Review
Replies: 34
Views: 4215

Re: Rick Ferri Portfolio Review

Where do short-term cash reserves come into play here?
by gerntz
Wed Aug 17, 2016 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 116
Views: 10750

Re: Anyone else getting nervous and converting to cash as a short-term move?

I convert to cash every month: take dividends & interest & spend it.
by gerntz
Sat Aug 13, 2016 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Accounts - How do you use it?
Replies: 103
Views: 5809

Re: Joint Accounts - How do you use it?

One checking & one savings account, both joint. Second savings account in a trust's name to accept distributions from trust's brokerage account. We just keep enough in them for a few months cash needs. I take that that started out together young never had enough or thought enough to have separat...
by gerntz
Sun Aug 07, 2016 7:55 am
Forum: Personal Finance (Not Investing)
Topic: A New Medicare Charge is Coming
Replies: 20
Views: 2968

Re: A New Medicare Charge is Coming

So I pay all my taxes and premiums due but no more. Therefore if my MAGI was $1 over the limit for the next tier of Medicare premiums I would consider it an error in planning. Don't make the mistake of having a MAGI just above the cut points. It will cost you a lot more in Medicare premiums. This i...
by gerntz
Thu Jul 07, 2016 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Why is everyone everywhere saying to buy gold?
Replies: 61
Views: 5099

Re: Why is everyone everywhere saying to buy gold?

Gold is a currency, with a relatively predictable and slow-growing 'supply'. Whether it is over-valued or under-valued, I believe bullion is a safer haven than either 'dollars' or 'sterling' or 'euros', and have chosen to hold my portfolio cash position in bullion. I still own equities, REITs and b...
by gerntz
Tue Jul 05, 2016 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Use Pull Account vs Push Account to transfer funds: a good idea?
Replies: 22
Views: 1100

Re: Use Pull Account vs Push Account to transfer funds: a good idea?

OP, In general, it is better to "pull" for this kind of event. The destination has greater incentive to make sure that the process flows smoothly and they get the money quick. The source GAIN by slowing down the process and keeping the money longer. KlangFool Agree. I'm doing this now fro...
by gerntz
Mon Jul 04, 2016 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: Why is everyone everywhere saying to buy gold?
Replies: 61
Views: 5099

Re: Why is everyone everywhere saying to buy gold?

So just as the only ones who made any money in the Gold Rush were the ones selling the shovels, the ones making money today are the ones peddling the wares.[/quote] Well, not just the peddlers. During the Klondike Gold Rush, my riverboat-building great grandfather made money building flat boats/ste...
by gerntz
Mon Jul 04, 2016 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Why is everyone everywhere saying to buy gold?
Replies: 61
Views: 5099

Re: Why is everyone everywhere saying to buy gold?

mwm158 wrote:Gold is not an investment. It does not generate wealth. An ounce does not turn into two ounces in 30 years.
All true. But people hold paper currencies in accounts that pay lower than inflation while gold value increases in currency terms. Go figure.
by gerntz
Sun Jul 03, 2016 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 11373

Re: Money vs. Happiness

I think you're on the wrong forum - by a long shot. Get on a dating site & pay to have a woman (or whatever floats your boat) come & stay with you for a couple of weeks to try her out & her you. If it's really bad, put her back on a plane the next day. If it's only OK, try it again. If i...
by gerntz
Sun Jul 03, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Recommend an Independent Financial Advisor, please? [fee-only]
Replies: 24
Views: 1956

Re: Recommend an Independent Financial Advisor, please? [fee-only]

Almost every Vanguard client has access to a FA. For the first time I used him to help me rebalance my portfolio last April. Hiring an outside fee only FA is fine, but they can be expensive. Call your Vanguard Flagship Representative first and ask him or her for a referral. While Vanguard is wonder...
by gerntz
Sat Jul 02, 2016 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Recommend an Independent Financial Advisor, please? [fee-only]
Replies: 24
Views: 1956

Re: Recommend an Independent Financial Advisor, please? [fee-only]

LAlearning wrote:None. This boards collective wisdom is much better.
Could you show me the collective wisdom summary page? Does everyone here agree with that page? Thanks.
by gerntz
Sat Jul 02, 2016 11:38 am
Forum: Investing - Help with Personal Investments
Topic: Recommend an Independent Financial Advisor, please? [fee-only]
Replies: 24
Views: 1956

Re: Recommend an Independent Financial Advisor, please? [fee-only]

Hello, I mainly have Vanguard funds, but also non-Vanguard funds in addition to real estate and commodity funds. I've been basically on my own with Vanguard for ten years, with the Vanguard CFPs not straying from their Vanguard rule book. I recently transitioned into retirement and I would like to ...
by gerntz
Sat Jul 02, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: VG vs. Fido - The Grass Is Not Always Greener (or Is It?)
Replies: 69
Views: 7360

Re: VG vs. Fido - The Grass Is Not Always Greener (or Is It?)

I'd do whichever doesn't cost me cap gains taxes; i.e., I'm not moving to new funds at a large tax cost. If not changing funds, do whatever.
by gerntz
Fri May 27, 2016 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on chemist going back for chemE?
Replies: 20
Views: 1293

Re: Advice on chemist going back for chemE?

Hello BH chemists and chemEs, I'm looking for some career advice on behalf of my SO. She has been a chemist in a large pharma company since graduating with chem BS a few years ago. Company treats her very well, and the pay is good ~60-70k so far. She likes working in the lab, but finds that the mor...
by gerntz
Sun May 22, 2016 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Emerging markets value premium
Replies: 10
Views: 1060

Re: Emerging markets value premium

Is there an emerging markets value premium? If so, is DFA Emerging Markets Value (DFEVX 0.56%) a good way to capture it, or would you recommend a different investment? I'm not that smart, so I let my fixed-fee advisor direct me on this. It's 1-2%+ of our investable assets, 2-3% of equities. It's on...
by gerntz
Wed May 18, 2016 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: SS or not
Replies: 22
Views: 2141

Re: SS or not

I'd estimate the after tax benefit of taking at 62 vs. at 70. If you expect your income will be even higher at 70, lower tax rate starting at 62 may actually net you more - needing it or not.
by gerntz
Fri May 06, 2016 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: New senior investor
Replies: 17
Views: 2337

Re: New senior investor

I can't see where you stated your goals - protection, maximizing growth for heirs, etc. I think what you choose to do is significantly impacted by goal.
by gerntz
Fri May 06, 2016 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Couples: Are you and your significant other on the same page financially?
Replies: 65
Views: 6280

Re: Couples: Are you and your significant other on the same page financially?

I suppose so. Have never had anything but joint checking/savings accounts with all income going in same. Never entered our minds that we weren't in it together. Perhaps starting with next to nothing in our early 20's caused that approach. She manages day-to-day finances & I look at the accounts ...
by gerntz
Fri May 06, 2016 2:36 pm
Forum: Personal Consumer Issues
Topic: Is buying organic really that expensive?
Replies: 111
Views: 11101

Re: Is buying organic really that expensive?

Organic or not isn't a factor in the food I buy.
by gerntz
Fri Nov 20, 2015 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a bonus this year?
Replies: 75
Views: 9456

Re: Getting a bonus this year?

I get a bonus in three years - for the rest of my life: + $35K from SS.
by gerntz
Tue Sep 29, 2015 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should my husband become a US citizen?
Replies: 102
Views: 8229

Re: Should my husband become a US citizen?

The other benefit of USA citizen is that you have our government on your side when out of the country. Of cousrse that value varies with whomever is Prez.
by gerntz
Mon Aug 17, 2015 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Cash in the house
Replies: 80
Views: 7813

Re: Cash in the house

We go to the ATM when we get down to around a hundred collectively & get $300. Have more if going to travel. Now my deceased father kept $19,950 in the house behind insulation till he realized he wasn't going to live forever. Then he told me about it & where it was, asked me to count it - he...
by gerntz
Fri Jul 31, 2015 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to work on next?
Replies: 31
Views: 2934

Re: Which debt to work on next?

Give Dave Ramsey a call.
by gerntz
Mon Jul 27, 2015 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Inherited Stock -Very low cost basis
Replies: 13
Views: 1408

Re: Inherited Stock -Very low cost basis

The OP appears to know what he is talking about with respect to basis. There is no new basis if the asset isn't included in an estate. His inheritance appears to be from a trust termination which had no effect on basis. Many people seem to assume that any inheritance results in a new basis. Gill Th...
by gerntz
Sun Jul 12, 2015 8:52 am
Forum: Investing - Help with Personal Investments
Topic: How do you set emerging markets weight?
Replies: 9
Views: 1594

Re: How do you set emerging markets weight?

I approve what my fee-only advisor recommends - or not. That way I don't rack my brain over it.
by gerntz
Thu Jul 02, 2015 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take SS at 62 or 70?
Replies: 12
Views: 2346

Re: Should I take SS at 62 or 70?

My husband is older and already retired. I will be retiring early (when I'm 60 or 62 years old) and wonder if I should drawdown on 401K (will need to to make up short fall), and hold off taking SS until 70 (treat as annuity protection). At full retirement I can take spousal benefit, and then when I...

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