Search found 8824 matches

by letsgobobby
Tue May 03, 2016 2:02 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 622
Views: 99046

Re: Boglehead Beer

Buoy czech pilsner, really good. And I don't even like pilsner. Astoria, OR
by letsgobobby
Mon May 02, 2016 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting an investment crossroads
Replies: 21
Views: 2660

Re: Hitting an investment crossroads

That sounds like an excellent plan. One thing to remember is that the advantage of donating appreciated securities to charity increases proportionally to the taxes avoided. If you are in the 28% tax bracket now, then the long term capital gains that you avoid by donating appreciated securities is 1...
by letsgobobby
Mon May 02, 2016 12:22 am
Forum: Investing - Help with Personal Investments
Topic: Hitting an investment crossroads
Replies: 21
Views: 2660

Re: Hitting an investment crossroads

That sounds like an excellent plan. One thing to remember is that the advantage of donating appreciated securities to charity increases proportionally to the taxes avoided. If you are in the 28% tax bracket now, then the long term capital gains that you avoid by donating appreciated securities is 15...
by letsgobobby
Sun May 01, 2016 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting an investment crossroads
Replies: 21
Views: 2660

Re: Hitting an investment crossroads

Can you contribute enough to pretax plans to lower your tax bracket?
by letsgobobby
Sun May 01, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: 529 plans: "off-label" uses?
Replies: 7
Views: 742

Re: 529 plans: "off-label" uses?

It is a much bigger gamble, because you are talking about already taxed money and converting its long term gains from the capital gains rate to your marginal rate. In the case of tax deferred accounts, regardless of what happens with future tax rates, you are benefiting from the upfront tax savings ...
by letsgobobby
Sun May 01, 2016 10:43 am
Forum: Investing - Theory, News & General
Topic: Numeracy and Wealth
Replies: 27
Views: 3267

Re: Numeracy and Wealth

I liked "innumeracy", but it also left me very sad.
by letsgobobby
Sat Apr 30, 2016 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting an investment crossroads
Replies: 21
Views: 2660

Re: Hitting an investment crossroads

I don't have a pension. I'm not sure if the 457 can be rolled to an IRA, but the ER are really low and all in Vanguard index funds. I was planning on using it if I retire early since it doesn't have penalties for taking money out before 59. I updated the original post regarding my emergency fund fo...
by letsgobobby
Sat Apr 30, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: Buying a New Car...Is it Unwise?
Replies: 58
Views: 4381

Re: Buying a New Car...Is it Unwise?

My friend went to the doctor once for a hang nail, and the surgeon proposed amputating his arm. :mrgreen: You are proposing getting a new car because the CD player doesn't work! The other items are routine maintenance. Your car has low miles; you'd have to take out a loan for the new car; and in fiv...
by letsgobobby
Fri Apr 29, 2016 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 4520

Re: Saving Too Much in Retirement Accounts?

Yes but do you like it enough to forego savings in retirement accounts?
by letsgobobby
Fri Apr 29, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: Major home renovation your thoughts
Replies: 43
Views: 5160

Re: Major home renovation your thoughts

Just wanted to note that in a nearby, very popular city, fire sprinklers were made mandatory in all new construction as of this week. They claim all but 1 of the ~250 new homes built in the city last year already had sprinklers installed; they offered a 20 cent per square foot reduction in fees so f...
by letsgobobby
Fri Apr 29, 2016 11:30 am
Forum: Personal Consumer Issues
Topic: Atlanta in August -- worth it?
Replies: 51
Views: 2521

Re: Atlanta in August -- worth it?

I spent a summer in downtown Atlanta 25 years ago. Lived next to Grady Hospital, and frequently walked to Five Points. Not sure what it's like now but it was pretty shady back then. I was young and invincible feeling but I wouldn't spend much time there now, as a middle aged adult. We did take the b...
by letsgobobby
Fri Apr 29, 2016 10:58 am
Forum: Investing - Theory, News & General
Topic: Vanguard Small Cap Value Index Expense Ratio Decreases
Replies: 23
Views: 1953

Re: Vanguard Small Cap Value Index Expense Ratio Decreases

Very happy to see VBMFX down 4 basis points = 20% of costs. That is a large holding for us, and Mrs. Letsgobobby's 403b does not offer Admiral or Institutional shares.
by letsgobobby
Fri Apr 29, 2016 8:54 am
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 113
Views: 13075

Re: guaranteed 5% vs stocks?

good place for a child's savings account, perhaps.
by letsgobobby
Fri Apr 29, 2016 8:50 am
Forum: Personal Consumer Issues
Topic: Consumer Reports Magazine & Website
Replies: 99
Views: 5011

Re: What's become of Consumer Reports?

We use the online version and remain happy with it.
by letsgobobby
Fri Apr 29, 2016 12:37 am
Forum: Investing - Help with Personal Investments
Topic: 529 Plans - Utah vs. Nevada <or> WA State prepaid (GET)?
Replies: 9
Views: 847

Re: 529 Plans - Utah vs. Nevada <or> WA State prepaid (GET)?

WA Get is good only for WA. What if child will go to out of state school? I decided not to limit myself and investing in Nevada WA is not only good for WA. WA GET allows transfer of the full benefit to any eligible school including many international schools. This, along with a constitutional guara...
by letsgobobby
Thu Apr 28, 2016 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Specialists Looking for career advice
Replies: 42
Views: 4575

Re: Physician Specialists Looking for career advice

- medicine is changing rapidly. Taking on huge debt would be very risky. My piece of advice may sound too "psychiatric" but take it for what it's worth. Pay attention to the job duties; pay attention to the compensation and benefits; pay attention to the town, community, restaurants, and s...
by letsgobobby
Thu Apr 28, 2016 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Plans - Utah vs. Nevada <or> WA State prepaid (GET)?
Replies: 9
Views: 847

Re: 529 Plans - Utah vs. Nevada <or> WA State prepaid (GET)?

I just withdrew 1000 units from WA GET and sent it all to New York. With guaranteed 15% losses over the next 2 years, couldn't see any rationale for staying in.
by letsgobobby
Wed Apr 27, 2016 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: I-bonds versus mortgage.
Replies: 11
Views: 1467

Re: I-bonds versus mortgage.

I still don't completely follow, but regardless, why is the decision tree more complicated than comparing the mortgage interest rate to your expected return from I bonds? 4% is close to ten times the current inflation rate, doesn't that mean it offers approximately ten times the return?
by letsgobobby
Tue Apr 26, 2016 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: I-bonds versus mortgage.
Replies: 11
Views: 1467

Re: I-bonds versus mortgage.

debating whether to sink 10K into I-bonds , versus continue to pay down mortgage . age 43 tax bracket federal 39% state 0% mortgage 4.125% ( 75K balance ) , estimated after tax interest rate of ~4% due to deduction phaseouts The deduction phaseout affects the deductible part first. If you pay off $...
by letsgobobby
Mon Apr 25, 2016 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Relocating to a tax free state with good weather need advice
Replies: 97
Views: 8117

Re: Relocating to a tax free state with good weather need advice

"good" weather is in the eye of the beholder. There are only a few income tax free states so you don't have a lot to choose from. We are happy in WA, but I don't mind the winter rain. We ski/snowshoe when we want. If I were retired I'd probably live on the drier side, but the politics/cult...
by letsgobobby
Sun Apr 24, 2016 12:43 pm
Forum: Investing - Theory, News & General
Topic: how do people keep AA constant with ongoing contributions?
Replies: 23
Views: 1790

Re: how do people keep AA constant with ongoing contributions?

I understand how rebalancing works. What I don't understand is how people allocate contributions so as not to cause their AA to get out of whack. In most discussions of rebalancing that I've seen, the allocation is assumed to get out of balance due to market fluctuations, not contributions coming i...
by letsgobobby
Sun Apr 24, 2016 10:34 am
Forum: Investing - Theory, News & General
Topic: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?
Replies: 88
Views: 7380

Re: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?

I plan on retiring in the next 1-2 years. To mitigate sequence of return risk, I have been gradually moving some assets from stocks to fixed income. I started at about 57% stocks and am now at 42% stocks. This is a bit of market timing; however, I have concluded it is the prudent thing to do, espec...
by letsgobobby
Sat Apr 23, 2016 2:27 pm
Forum: Investing - Theory, News & General
Topic: Every DFA fund (ex-S&P 500) has underperformed the S&P 500 for the past decade
Replies: 101
Views: 6911

Re: Every DFA fund (ex-S&P 500) has underperformed the S&P 500 for the past decade

You can own DFA funds without an advisor, in at least one 529 plan. That's where I own mine. They are a little more than Vanguard funds. I'm willing to take on the added risk in hopes of a higher risk-adjusted return. I'll hope for reversion to the mean going forward.
by letsgobobby
Sat Apr 23, 2016 11:26 am
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 7271

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

He didn't explicitly state he's been completely out of the market since 08, just that he sold then.

What I thought was sad is someone on the forums, reading the threads, posting here for almost a decade, but never actually acting on the information within.
by letsgobobby
Sat Apr 23, 2016 12:26 am
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 7271

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

I think you should not invest in the market at all since you need to know when is a good time to enter the market. How does this remark help anyone? When people are beginning they have questions and putting money on the stock market can be intimidating. I'm sure you had misgivings as well, so give ...
by letsgobobby
Fri Apr 22, 2016 3:07 pm
Forum: Investing - Theory, News & General
Topic: Do you think this is a bad time to enter the market? With the dow at 18,000
Replies: 89
Views: 7271

Re: Do you think this is a bad time to enter the market? With the dow at 18,000

rec7 wrote:Do you think this is a bad time to enter the market? With the dow at 18,000

You've been a Boglehead for many years, I think you know the party line on this.

Why are you 'entering' the market now? Where was your money before?
by letsgobobby
Wed Apr 20, 2016 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage advice for second home.
Replies: 18
Views: 1377

Re: Mortgage advice for second home.

Is more than $100k of a primary home cash out refi tax-deductible, if used to purchase a second home?

I would get a mortgage on the second home, and figure out when and how to pay it off later.
by letsgobobby
Wed Apr 20, 2016 12:37 pm
Forum: Investing - Theory, News & General
Topic: A different look at the Shiller CAPE 10
Replies: 29
Views: 2393

Re: A different look at the Shiller CAPE 10

Thanks for the well-written article, Larry. I never agreed with using earnings from a recessionary period nearly 10 years ago to determine the valuation of the stock market today. That's the same as saying an engineer who was unemployed for a year should earn less today because the "average 10...
by letsgobobby
Wed Apr 20, 2016 10:08 am
Forum: Investing - Theory, News & General
Topic: A different look at the Shiller CAPE 10
Replies: 29
Views: 2393

Re: A different look at the Shiller CAPE 10

Thanks for the well-written article, Larry. I never agreed with using earnings from a recessionary period nearly 10 years ago to determine the valuation of the stock market today. That's the same as saying an engineer who was unemployed for a year should earn less today because the "average 10...
by letsgobobby
Mon Apr 18, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Complication donating Vanguard mutual fund to charity
Replies: 21
Views: 1441

Re: Complication donating Vanguard mutual fund to charity

This is one of many reasons a donor advised fund is so great. I do not have to worry about whether the charity has a brokerage account, and with whom. I donate the appreciated shares to the DAF. They send a check to my charity.
by letsgobobby
Mon Apr 18, 2016 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: What expected % return should a longterm investor use?
Replies: 50
Views: 4615

Re: What expected % return should a longterm investor use?

I use 2% real for retirement planning (60/40). I'm at 50/50 and also use 2%. I hope we are wrong, and the big returns materialize, but I will not bet my future comfort on them. I'm slightly more optimistic than the two of you. I use 4% real stocks, 1% real bonds. So my 60/40 portfolio is 2.8% real.
by letsgobobby
Sun Apr 17, 2016 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Medical School preparation Pointers for a Sophomore Student
Replies: 48
Views: 2937

Re: Medical School preparation Pointers for a Sophomore Student

For a borderline GPA, MCATs are going to be the deal maker or deal breaker. All the other things have to be done - demonstrated interest and experience in medical field and a capacity to work with and care for vulnerable human beings - but none of that will matter if her GPA isn't very good and MCAT...
by letsgobobby
Sat Apr 16, 2016 6:06 pm
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 4807

Re: A Month in Manhattan

Lower East Side Tenement Museum is one of my favorite small museums I saw a book once covering all the ethnic food enclaves in the 5 boroughs. Can't remember the title but it covered every food imaginable. Korean, Uzbek, Jewish, Ethiopipan, Senegalese, and on and on. If I had a month in NYC I would ...
by letsgobobby
Sat Apr 16, 2016 2:25 pm
Forum: Investing - Theory, News & General
Topic: Everyone Worries Too Much About 'Black Swans'
Replies: 39
Views: 3839

Re: Everyone Worries Too Much About 'Black Swans'

Quark, I'm a young guy who is 100% invested in the stock market. (I'm 22 years old with a 70/80 year time horizon) & have run numerous back test's on this. In my case it is better for me to be 100% invested in the stock market & use any black swans as a opportunity to buy more stocks that a...
by letsgobobby
Sat Apr 16, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: Buying the most expensive house on the street?
Replies: 34
Views: 4590

Re: Buying the most expensive house on the street?

Texasdiver, I think you're ok buying the more expensive house in the situation you described.
by letsgobobby
Sat Apr 16, 2016 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Postnuptial agreement for Physician
Replies: 94
Views: 6153

Re: Postnuptial agreement for Physician

Your post comes across as anxious, uncompromising, narcissistic, and controlling. I know you married a nurse (your nurse?), but she is not going to want to take your orders away from the hospital.

This is such a bad start to a marriage.
by letsgobobby
Sat Apr 16, 2016 12:33 am
Forum: Personal Consumer Issues
Topic: Security features of a good front door
Replies: 34
Views: 2487

Re: Security features of a good front door

Apparently a lot of break ins aren't so much through the front door, but rather the intruder rings the doorbell as if he's going to make a delivery. When no one answers he goes around to the back or side door or a window and breaks in there. So maybe you should reinforce the back and side doors, mor...
by letsgobobby
Fri Apr 15, 2016 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: SWAN: Using absolute dollar amount instead of percentage to manage risk
Replies: 27
Views: 2310

Re: SWAN: Using absolute dollar amount instead of percentage to manage risk

others focus on a mirror image approach. Have a minimum dollar amount in bonds; anything extra can go in stocks.
by letsgobobby
Fri Apr 15, 2016 2:20 pm
Forum: Investing - Theory, News & General
Topic: Where to park $$$ while DCA/VCA
Replies: 31
Views: 1088

Re: Where to park $$$ while DCA/VCA

I will say again that DCA when you already have a lump sum is just a way of temporarily changing your asset allocation to something less risky than its baseline. And then when you are fully invested you are back to whatever your baseline is. If that is too risky for you, you don't need to DCA; just ...
by letsgobobby
Fri Apr 15, 2016 9:00 am
Forum: Personal Consumer Issues
Topic: My neighborhood is too quiet (and no kids)
Replies: 44
Views: 4590

Re: My neighborhood is too quiet (and no kids)

Davebo, your neighborhood may be too expensive for families with young kids.

Have you considered a downgrade to something cheaper?
by letsgobobby
Fri Apr 15, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 4953

Re: grateful for any input on a major, urgent real estate decision

I would be concerned also and was never at an income where I could remotely consider something $150k above my budget. I agree; I don't know many people who buy things $150,000 over their budget. Either the budget was carefully constructed and you should stick to it or it wasn't and you need to go b...
by letsgobobby
Thu Apr 14, 2016 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: How long for Vanguard.com to reflect change in cost basis method?
Replies: 4
Views: 387

How long for Vanguard.com to reflect change in cost basis method?

I need to redeem some shares quickly but unfortunately hadn't selected specific ID as my cost basis. I changed this now but Vanguard.com does not let me see the new cost basis yet. How long will it take before they allow me to see that?
by letsgobobby
Thu Apr 14, 2016 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 4953

Re: grateful for any input on a major, urgent real estate decision

one more thought. I have bought and sold several homes over the years. I'm no wizard when it comes to real estate; my traditional portfolio has been more successful, by far. But I haven't made any big mistakes. Over time I've come around to the idea that buying a little more house, for a little more...
by letsgobobby
Thu Apr 14, 2016 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 4953

Re: grateful for any input on a major, urgent real estate decision

my guess is that moving out won't really allow them to save up much. It's the Bay Area. It's expensive everywhere.
by letsgobobby
Thu Apr 14, 2016 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 4953

Re: grateful for any input on a major, urgent real estate decision

still no hard numbers, but $150,000 at 3.75% is an extra $600 per month or so. Presumably deductible. So net of $400 to your family. Is that worth staying in this house, not having to move, having the extra bedroom, staying there for decades?
by letsgobobby
Thu Apr 14, 2016 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: grateful for any input on a major, urgent real estate decision
Replies: 75
Views: 4953

Re: grateful for any input on a major, urgent real estate decision

I might be tempted if your incomes are not dependent on tech. For instance, if you are doctors, or government workers... ie, have secure jobs and incomes... so that when the inevitable downturn comes you can still pay your mortgage. Buying a little more house than you need is not a terrible idea, if...
by letsgobobby
Wed Apr 13, 2016 11:31 pm
Forum: Personal Consumer Issues
Topic: Preventative car maintenance?
Replies: 38
Views: 4039

Re: Preventative car maintenance?

OK, I'll go ahead and do the brake fluids as more than a few folks have recommended it. Sounds like I'll only have to do it once to get the car to 200,000 miles (about 3 years of driving). My pads were last changed at 75k miles at Midas, they seem fine, have a lifetime warranty, but I assume they di...
by letsgobobby
Wed Apr 13, 2016 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refi Help
Replies: 14
Views: 532

Re: Mortgage Refi Help

yes, the 15 year is fine. My point is simply that the 20 year option is not a good one. If you want a lower payment than 15 then go out to 30, not 20.

If you shop around you might find a 10 year around 3%.
by letsgobobby
Wed Apr 13, 2016 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Refi Help
Replies: 14
Views: 532

Re: Mortgage Refi Help

I would definitely not take a 20 year over a 15 year for a 50 basis point difference. These days you can jump all the way up to a 30 year for an extra 50 basis points. That gives you the low payment and flexibility of a 30 year loan, but the interest rate of a 20 year loan. You should be able to fin...

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