Search found 3304 matches

by inbox788
Mon Feb 27, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 10 yr. term life policy for soon to be 57 yr old.
Replies: 8
Views: 1004

Re: 10 yr. term life policy for soon to be 57 yr old.

My 20 yr. 750k term life policy is about to terminate at the end of 2017. Unfortunately, I'm considerable underfunded in my retirement funds and will need to take out a 10 yr policy for anywhere from 400-500k. I plan to retire in a little over 10 yrs. when I turn 67. Who's the beneficiary? What is ...
by inbox788
Sun Feb 26, 2017 11:42 pm
Forum: Personal Consumer Issues
Topic: Requesting guidance on a car purchase
Replies: 31
Views: 1567

Re: Requesting guidance on a car purchase

My father in law was once looking for a car and went from looking at mid sized sedans to large SUVs to a full sized van because for some unknown reason, he decided that he had to put a 4x8 sheet piece of plywood fully inside. I asked him when the last time was that he needed a 4x8 sheet of plywood ...
by inbox788
Sun Feb 26, 2017 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: 10 yr. term life policy for soon to be 57 yr old.
Replies: 8
Views: 1004

Re: 10 yr. term life policy for soon to be 57 yr old.

My 20 yr. 750k term life policy is about to terminate at the end of 2017. Unfortunately, I'm considerable underfunded in my retirement funds and will need to take out a 10 yr policy for anywhere from 400-500k. I plan to retire in a little over 10 yrs. when I turn 67. Who's the beneficiary? What is ...
by inbox788
Sun Feb 26, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Delivering a Large Check
Replies: 37
Views: 2736

Re: Delivering a Large Check

I need to "mail" a few large checks ($100,000 +) in the next week or so to a couple estate beneficiaries. I know I can wire the money, but paying $30 seems a little much. Perhaps I can just use a regular check and have USPS track it? Maybe use a cashiers or certified check? Any suggestion...
by inbox788
Sun Feb 26, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: mom wants smart phone, are there classes on how to use?
Replies: 38
Views: 1922

Re: mom wants smart phone, are there classes on how to use?

What exactly does your mom want to use the phone for? If the answer is "I want to be able to make calls and answer the phone and retrieve voice mails and take photos," then sit down with her and teach her those basic functions. The key to loving a new piece of technology is having it do w...
by inbox788
Sun Feb 26, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: mom wants smart phone, are there classes on how to use?
Replies: 38
Views: 1922

Re: mom wants smart phone, are there classes on how to use?

Mom wants to get a smart phone, not sure which yet. But are there classes in how to use? She's 80. Also can android or iPhone upload photos automatically to OneDrive like my Windows Phone does? Does you mom have any grandkids? One of them could probably teach her everything she needs to know in 15 ...
by inbox788
Sun Feb 26, 2017 1:32 pm
Forum: Personal Consumer Issues
Topic: At what point is a used car worth it
Replies: 27
Views: 2667

Re: At what point is a used car worth it

But... your model basically assumes straight-line depreciation ($5K depreciation over 3 years is almost same as $1600x3) ,and cars don't don't depreciate linearly (not even Hondas). I do think there's a sweet spot of buying and selling used cars where you minimize depreciation or really total cost ...
by inbox788
Sun Feb 26, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Have Fidelity account- adding Vanguard 3 fund plan- stay at Fidel
Replies: 31
Views: 1112

Re: Have Fidelity account- adding Vanguard 3 fund plan- stay at Fidel

I haven't seen anyone report on bogleheads.org that a Vanguard or Fidelity advisor helped them unwind existing taxable investments in a tax-efficient manner. I get the impression that most just "rip off the band-aid" letting one pay any tax consequences and stick them in the new ongoing i...
by inbox788
Sun Feb 26, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Requesting guidance on a car purchase
Replies: 31
Views: 1567

Re: Requesting guidance on a car purchase

Why have two of the same vehicle? We have a mid size wagon and it fits our same size family well, for what it's worth. How tall or large are you and your wife? I've thought about that, but when you've found the best answer, why choose a less optimal choice? If you're happy with LifeStrategy Moderat...
by inbox788
Sun Feb 26, 2017 3:52 am
Forum: Investing - Theory, News & General
Topic: Buffett Annual Letter 2016 [Jack Bogle is a hero]
Replies: 65
Views: 4340

Re: Buffett praises index funds, Bogle; unaware of Bogle's statue

I think this is probably different from what Buffett has in mind. I assume that the statue was erected based on his contributions as determined by Vanguard, not exactly non-biased for the purpose of honoring "the person who has done the most for American investors." Yeah, you're right. I ...
by inbox788
Sun Feb 26, 2017 1:49 am
Forum: Investing - Help with Personal Investments
Topic: "Borrow" $5500 from Emergency Fund to Qualify for Vanguard Admiral?
Replies: 31
Views: 3549

Re: "Borrow" $5500 from Emergency Fund to Qualify for Vanguard Admiral?

What will be the tax implications if any (The value is up $1.11 haha). De minimis! (learned this new latin term for me when one of the accounts I had didn't want to send me a 1099 - their computer did generate an electronic version) I'd cash out and ignore it as if it never existed. Keep things sim...
by inbox788
Sun Feb 26, 2017 1:40 am
Forum: Personal Consumer Issues
Topic: Feline Achilles' tendon injury
Replies: 20
Views: 1037

Re: Feline Achilles' tendon injury

First world problems.

https://www.ncbi.nlm.nih.gov/pubmed/20740261

Enroll the cat in a clinical trial!
by inbox788
Sat Feb 25, 2017 4:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 63
Views: 9444

Re: anguard opens special offices for $1 million clients

Flagship Customers Only ... Interesting that only 60,000 out of 25 million Vanguard clients are Flagship. That's 1/4 of one percent. Using that same percent, means that only about 150 of the 57,000 Bogleheads would be Flagship clients. Surely there must be a much greater representation of Flagship ...
by inbox788
Sat Feb 25, 2017 3:48 am
Forum: Investing - Help with Personal Investments
Topic: "Borrow" $5500 from Emergency Fund to Qualify for Vanguard Admiral?
Replies: 31
Views: 3549

Re: "Borrow" $5500 from Emergency Fund to Qualify for Vanguard Admiral?

Forget betterment, just put it all into Vanguard. How much difference in dollars will admiral make this year? Reinvest in tax advantaged accounts since you don't have to worry about the accounting. Don't reinvest in taxable so you can control and lump together the dividends. Use dividends in taxable...
by inbox788
Fri Feb 24, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 7031

Re: risk of my Tesla deposit

Maybe I don't understand the logic here. If you are afraid of losing your $1,000 deposit, why are you not afraid of Tesla going under after you purchase a $30,000 car? +1 That is what I was going to say. If they go belly up the day after you get your car what will happen to the warranty and getting...
by inbox788
Fri Feb 24, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care policy review/question
Replies: 6
Views: 4728

Re: Long term care policy review/question

My wife and I have a LTC policy with Genworth,California partnership policy.We took it out in 2012 and no rate increases yet.We are 65 and 67. So we each have a separate policy and my premium is 1650 and hers is 1825.Our individual benefits are the following: 90 day elimination period Benefit multi...
by inbox788
Fri Feb 24, 2017 3:15 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 119
Views: 7031

Re: risk of my Tesla deposit

Tesla has assets and intellectual property, and stockholders will be wiped out first in the unlikely event of a bankruptcy. Bond holders would need to figure out how much they get back from the remaining assets. The customer deposits IMO would be ahead of the bond holders. It might depend on whether...
by inbox788
Thu Feb 23, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Father runs an empire at age 80; not my business?
Replies: 18
Views: 3949

Re: Father runs an empire at age 80; not my business?

Concerns: Records/bookkeeping was a nightmare when my sister was involved in the past and suspect some of it persists. He has had attorneys and CPAs but I was not impressed. I had concerns when I was asked to help set up a "Charitable" fund after the sale of one of his properties. Doubtfu...
by inbox788
Thu Feb 23, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement savings: Lots of $, job prospects weak
Replies: 36
Views: 3854

Re: Retirement savings: Lots of $, job prospects weak

I don't know if any credible investment advisor recommends 100% equities. Weird advice being given here. Read one or two of the recommended books on the Bogleheads wiki. Charles Ellis recommends 100% equities. Even Vanguard recommends 90% equities for someone the age of the OP. There are a lot of v...
by inbox788
Thu Feb 23, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting review of my IPS (Doctor)
Replies: 23
Views: 1381

Re: Requesting review of my IPS (Doctor)

Debt: $350k med school debt, interest rate of various loans averaging about 6.8%, currently making qualifying payments towards PSLF, no other debts Current Portfolio Value: $70k ... I'm in my first year of a 3-year fellowship and will be entering a subspecialty that pays about $125-150k/yr starting...
by inbox788
Thu Feb 23, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: The Wall Street Journal to close Google loophole entirely
Replies: 103
Views: 10213

Re: The Wall Street Journal to close Google loophole entirely

I used to pay actual money for a subscription to a major newspaper digital edition, because I thought they did good stuff and I should support it. Then they went into the tank during the election. I couldn't believe how corrupt they were. So, no more money from me. Also no sense my reading their &q...
by inbox788
Thu Feb 23, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Honda: buy new or used?
Replies: 29
Views: 1355

Re: Honda: buy new or used?

Yes. Buy new because the depreciation is low. Buy used because they are generally reliable cars. Buy the better deal. If you get a decent deal on new, you won't be paying that much for a brand new car that should last you a long time. If you can find a very good deal on a used car, it should cost yo...
by inbox788
Thu Feb 23, 2017 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation - is this valid thinking?
Replies: 54
Views: 2226

Re: 529 Asset Allocation - is this valid thinking?

This 100% stocks allocation does *not* follow the asset allocation we've decided for our own retirement accounts. (Our retirement accounts are 70% stocks 30% bonds for retirement) Do you think this inconsistency is a problem? I blend my AA, but 529 funds are a small fraction that they won't have mu...
by inbox788
Thu Feb 23, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after maxing out 401k, IRA, and HSA?
Replies: 23
Views: 1529

Re: What to do after maxing out 401k, IRA, and HSA?

Thankyou inbox788. 529…kids are not in my future, taxable is looking like the way to go. Ever? A 529 is additional tax advantaged space that you may want to put retirement funds into and when you have kids in college, put any new funds into retirement. Having 20+ years of tax-free gains and potenti...
by inbox788
Thu Feb 23, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Cheap, Non-Traditional Cell Phone Plans
Replies: 52
Views: 4681

Re: Cheap, Non-Traditional Cell Phone Plans

I love my $80/year pageplus plan. That is right, $80 PER YEAR for 2000 minutes on my Moto G. Most of my phone calls are free and use wifi over google hangouts, which works well on this phone. No one knows I talk for free most of the time. Only when I'm on the road for a long time and lack wifi do I...
by inbox788
Thu Feb 23, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 63
Views: 9444

Re: Vanguard opens special offices for $1 million clients

I'd like to join the club, but I'm afraid the free coffee and donuts will probably be gone by the time I get there. Remember an advertising campaign a few years ago where Vanguard was offering cups of coffee? [I don't think it was during the Bogle era] It wasn't free, but I remember reading about t...
by inbox788
Wed Feb 22, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Life Changes - What Should My Next Monetary Goals/Objectives Be?
Replies: 17
Views: 1754

Re: Life Changes - What Should My Next Monetary Goals/Objectives Be?

3) Determine if opening an Umbrella policy under my employer benefits is worth it or not. I wound up doing that because it was simpler to click a couple of buttons than to follow up with quotes I had received. Rates were surprisingly competitive (Chubb). What company is underwriting your company um...
by inbox788
Wed Feb 22, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 3795

Re: How to Split Pension

Lots of good info to chew on -- we hadn't even thought about asking for relative value data. They haven't offered it to us at this point. Does anyone think that hiring an hourly planner to run the numbers for us might be a good idea? (Neither of us are good with spreadsheets!) Or is that a waste of...
by inbox788
Wed Feb 22, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 63
Views: 9444

Re: Vanguard opens special offices for $1 million clients

I'd like to join the club, but I'm afraid the free coffee and donuts will probably be gone by the time I get there.
by inbox788
Tue Feb 21, 2017 10:13 pm
Forum: Personal Consumer Issues
Topic: Staying at Disneyworld
Replies: 30
Views: 3005

Re: Staying at Disneyworld

I grew up going to DisneyWorld and stayed on property . Today prices are ridiculous for on property especially if you want small a kitchen and more than 1 bedroom. Anyone have ideas how to bogle this? Where did you stay? They had kitchens and more than 1 bedroom? How much was the room and ticket pr...
by inbox788
Tue Feb 21, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 3795

Re: How to Split Pension

Did they provide a Relative Values Notice? I'd start with the default of highest payment and see how you'd manage if she passed before you did. You might consider 50% or 75% survival benefits as well for a lesser difference if that's what's needed. Once you get a lump sum number, compare it to what ...
by inbox788
Tue Feb 21, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Good Advice from Fidelity?
Replies: 7
Views: 1131

Re: Bad Advice from Fidelity?

Are they employees or contractors? Might make a big difference in what can be done.

http://www.obliviousinvestor.com/sep-vs ... solo-401k/
by inbox788
Tue Feb 21, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Two-Fund Portfolio Role Call
Replies: 43
Views: 4455

Re: Two-Fund Portfolio Role Call

I also have two funds in what I consider my non-retirement investments : Taxable : Total Stock Market Admiral (VTSAX) - ~ 51% Roth IRA : Total Bond Market Admiral (VBTLX) - ~ 49% My target AA is more 60/40, but since my overall invested amount is low (mid 5-figures), and I max out my Roth all at on...
by inbox788
Tue Feb 21, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: Warren Buffett v. Bogleheads
Replies: 40
Views: 4266

Re: Warren Buffet v. Bogleheads

Just assign a major portion of your portfolio to BRK.B. Everyone is fearful that Buffett will drop dead at any moment! Yes, sort of market timing. I had between 40 and 50% of my portfolio in BRK (+ a similar amount in SPY) for decades and I have no regret. Only recently I dropped both because of th...
by inbox788
Tue Feb 21, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiate lowball offer? (new job)
Replies: 47
Views: 3768

Re: Negotiate lowball offer? (new job)

If the temp company was getting $70k a year for you and you figure benefits add 30%, you should be worth at least $54k salary + $16k benefits to the company, because that is what they were actually paying. (30% may be a little high, it depends on the benefits, from vacation to retirement and health...
by inbox788
Tue Feb 21, 2017 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiate lowball offer? (new job)
Replies: 47
Views: 3768

Re: Negotiate lowball offer? (new job)

I agree with the other post that asked why you were working for the temp agency for $42K when you could have "easily" gotten $52K or more. Yup! How long were you giving the temp agency $10k of your money? And costing your employer added costs? You wouldn't accept anything less than $42k y...
by inbox788
Sun Feb 19, 2017 4:06 am
Forum: Personal Finance (Not Investing)
Topic: Chromebook with the feel of a MacBook? Personal Finance Software?
Replies: 4
Views: 852

Re: Chromebook with the feel of a MacBook? Personal Finance Software?

Chomebooks are great for what they do, but given all your demands, stick with the MacBook. You will have to compromise on a number of items and will not be able to do some things. And depending on how picky you are about hardware, you'll probably find faults. Then again, Chromebooks are generally mu...
by inbox788
Sun Feb 19, 2017 3:51 am
Forum: Personal Finance (Not Investing)
Topic: How to Split $10K Fed Tax Bill Between Husband and Wife
Replies: 38
Views: 2013

Re: How to Split $10K Fed Tax Bill Between Husband and Wife

Ask you wife what she thinks! [Marital issue, not financial, in my opinion and experience] 8-) Agree. We deal with financial issues here so let's stick to the financials. Do ask the wife how she would split it and why. Also, let us know how you would split it and why. We can then help you negotiate...
by inbox788
Sun Feb 19, 2017 3:22 am
Forum: Personal Consumer Issues
Topic: Any Chromebook experts?
Replies: 13
Views: 1366

Re: Any Chromebook experts?

I use my Chromebook to watch videos quite heavily. I seem to remember watching some on Amazon while I was in a 'trial period' of Amazon Prime. The only issues I've had, and I didn't have the problem on Amazon, was with some downloaded .mp4 video files where the audio was not synced up propperly. I ...
by inbox788
Fri Feb 17, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Two-Fund Portfolio Role Call
Replies: 43
Views: 4455

Re: Two-Fund Portfolio Role Call

I also have two funds in what I consider my non-retirement investments : Taxable : Total Stock Market Admiral (VTSAX) - ~ 51% Roth IRA : Total Bond Market Admiral (VBTLX) - ~ 49% My target AA is more 60/40, but since my overall invested amount is low (mid 5-figures), and I max out my Roth all at on...
by inbox788
Fri Feb 17, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Wash sale with ESPP: now how to deal with tax??
Replies: 3
Views: 364

Re: Wash sale with ESPP: now how to deal with tax??

Since you sold out, there's really no tax issue. It's just a reporting thing AFAIK. Surprised Turbo Tax is having issues on such a common occurrence. Which version are you using?
by inbox788
Thu Feb 16, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 80
Views: 4926

Re: Tesla Model 3 or Chevy Bolt?

I personally don't worry about battery production....lots of bad info out there. For instance, the Nissan battery plant in TN uses electrode materials shipped in from Japan...in TN they are basically doing some rolling, baking, assembling cells and modules. They hard/tricky chemistry is all over in...
by inbox788
Thu Feb 16, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tires for an old car
Replies: 42
Views: 2629

Re: Tires for an old car

P0420 is the catalytic converter P0500 is the Vehicle Speed sensor I think after taking care of these codes, your car problem should go away. I think that you might have it backwards. If you take care of the problem, these codes should go away. The real problem that bothers the OP was the "whe...
by inbox788
Thu Feb 16, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 80
Views: 4926

Re: Tesla Model 3 or Chevy Bolt?

Unknown delivery date for new leafs, but probably a couple of years away. The thing to do is get the Bolt now and drive it for 2-3 years while waiting for the other options to decide if switching is worth it. A lease would give flexibility. My description is for the 2018 MY Leafs, that will be avai...
by inbox788
Thu Feb 16, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Tires for an old car
Replies: 42
Views: 2629

Re: Tires for an old car

P0420 is the catalytic converter P0500 is the Vehicle Speed sensor I think after taking care of these codes, your car problem should go away. I think that you might have it backwards. If you take care of the problem, these codes should go away. I had check engine code go off after my wheels spun ou...
by inbox788
Thu Feb 16, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 80
Views: 4926

Re: Tesla Model 3 or Chevy Bolt?

Looks like the much awaited Nissan Leaf 'Gen 2' will be announced soon, as in March. Dealers are starting to get info, and leaking it. Seems that there will be a 40 kWh and 60 kWh version, body styling looks like the current Murano, but in a mid-size, seats five hatchback sedan. QC is also supposed...
by inbox788
Thu Feb 16, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns is Signing Off -- He'll be missed
Replies: 25
Views: 6356

Re: Scott Burns is Signing Off -- He'll be missed

In any case, I agree that we can't expect Scott Burns' replacement to be like, or sound like, Scott Burns. I'm not familiar with Scott Burns nor his replacement Laurence Kotlikoff. I haven't read his column or maybe I have, just haven't paid attention to the author, since he's been doing this along...
by inbox788
Wed Feb 15, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Selling no-longer-needed term life policies
Replies: 25
Views: 1706

Re: Selling no-longer-needed term life policies

...considering they'd have to pay $4500 as well in premiums...I guess you're paying for 17-1 odds of a 79 year old dying in 5 years... I don't know if the above is accurate, but I'm guessing the odds are good for the age and periods alone. If there were health problems, even better odds. And even a...
by inbox788
Wed Feb 15, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Currently an Edward Jones client and need some advice
Replies: 32
Views: 2190

Re: Currently an Edward Jones client and need some advice

^ ^ ^ ^ (thread title) RUN !!! LOL (but I agree!) Here's a recent update to the DOL fiduciary rule provided for information only. Please do not discuss unacceptable topics. ( https://www.bogleheads.org/forum/rules#section-4 ) FEB 3, 2017 @ 05:43 PM Trump Signs Memorandum Shelving Fiduciary Standard...

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