Search found 3689 matches

by mhalley
Fri Dec 09, 2016 1:28 am
Forum: Investing - Help with Personal Investments
Topic: new doc, early/overseas retirement, help with investments
Replies: 1
Views: 220

Re: new doc, early/overseas retirement, help with investments

How long it takes to get to financial independence depends to a large extent on your savings rate. Mr money mustache has a blog post on how long it takes to get there based on various savings rates. He says it takes 14.5 years based on a savings rate of 65%. Of course the main thing will be expenses...
by mhalley
Thu Dec 08, 2016 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab retirement quote on 4 mil. Advice??? Can I do better?
Replies: 11
Views: 1965

Re: Schwab retirement quote on 4 mil. Advice??? Can I do better?

I don't think it is rude to ask someone you are thinking of doing business to the tune of 4 million what they would do with the money. Whether they would tell you, I dunno. Here is a suggestion: go to the fidelity go site and put in your info. You can go to the link tell us more after you put in you...
by mhalley
Thu Dec 08, 2016 3:25 pm
Forum: Personal Consumer Issues
Topic: New Home Purchase - Property Boundary
Replies: 12
Views: 751

Re: New Home Purchase - Property Boundary

Where is the house compared to the property line?
by mhalley
Thu Dec 08, 2016 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Dilemma
Replies: 24
Views: 2629

Re: RMD Dilemma

You can play with the numbers at the i-orp site to run various Roth conversion scenarios.
https://www.i-orp.com/ORPparms.html
by mhalley
Thu Dec 08, 2016 3:32 am
Forum: Personal Consumer Issues
Topic: Anyone still upgrading their PC build? (Not replacing the machine)
Replies: 33
Views: 1763

Re: Anyone still upgrading their PC build? (Not replacing the machine)

The monitor will probably be the next thing I upgrade as mine is not 4K.
by mhalley
Thu Dec 08, 2016 12:59 am
Forum: Investing - Help with Personal Investments
Topic: Schwab retirement quote on 4 mil. Advice??? Can I do better?
Replies: 11
Views: 1965

Re: Schwab retirement quote on 4 mil. Advice??? Can I do better?

Most bogleheads feel they don't need the handholding plus expense of an advisor. If you feel you need one, get one that is less than .7%. Vanguard pas, fidelity go, schwab intelligent portfolio all are much cheaper. As to taxes, how much is in tax deferred vs taxable? do you really need 150k a year?...
by mhalley
Wed Dec 07, 2016 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of cancelling a long-standing credit card?
Replies: 12
Views: 1214

Re: Impact of cancelling a long-standing credit card?

How old is your other credit? The closed account will still be on your credit report for 10 years, so by then your "new" credit will start to look "old". If you are not applying for a mortgage or new car loan in the next couple of years I would just close it. The main considerati...
by mhalley
Wed Dec 07, 2016 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Auto Rebalance software/broker
Replies: 5
Views: 334

Re: Auto Rebalance software/broker

The first thing that comes to mind is betterment and wealthfront. https://www.betterment.com/?utm_content=14544782&gclid=CjwKEAiAg5_CBRDo4o6e4o3NtG0SJAB-IatYUZs055NGpVtmvnVhbR-oCCrhgnph8GMvOs0AvoWG7hoCvTPw_wcB https://www.wealthfront.com/ Of course Vanguards PAS service would do this, as would F...
by mhalley
Wed Dec 07, 2016 5:04 pm
Forum: Investing - Theory, News & General
Topic: IRA self managed
Replies: 5
Views: 487

Re: IRA self managed

I also just realized I may have misinterpreted the op question, ie maybe he is not talking about people managing the ira on their own, but using a special IRA, I believe they are actually called "self-directed". From Investopedia: DEFINITION of 'Self-Directed IRA - SDIRA' A retirement acco...
by mhalley
Wed Dec 07, 2016 5:02 pm
Forum: Personal Consumer Issues
Topic: Anyone still upgrading their PC build? (Not replacing the machine)
Replies: 33
Views: 1763

Re: Anyone still upgrading their PC build? (Not replacing the machine)

I have been a longtime pc gamer and have been used to doing periodic upgrades in the past. That being said, the increase in processing power has made it so that I don't have to upgrade nearly as often. I did upgrade my ram, ssd and video card on my latest pc, but it has lasted longer than any pc I h...
by mhalley
Wed Dec 07, 2016 4:16 pm
Forum: Investing - Theory, News & General
Topic: IRA self managed
Replies: 5
Views: 487

Re: IRA self managed

This has some statistics, but the number people using advisors seems high to me. "Over 60 percent of working households are currently using a financial advisor to help them in some way with retirement planning, according to Spectrem research. Among retired households, over 70 percent used a fin...
by mhalley
Wed Dec 07, 2016 3:16 pm
Forum: Personal Consumer Issues
Topic: Books (real or digital)
Replies: 40
Views: 1305

Re: Books (real or digital)

My wife and I are both voracious readers. As a result, we accumulated many bookshelves full of books over the years. We both are kind of reluctant to get rid of them, and thanks to the advent of Kindle books we don't have to. We both have gone 99% Kindle. No more trying to find a place to put the la...
by mhalley
Tue Dec 06, 2016 11:50 am
Forum: Personal Consumer Issues
Topic: Computer hacked. Next?
Replies: 15
Views: 1622

Re: Computer hacked. Next?

If a stranger was logged in to my computer via log me in I would go nuclear on it. A would not even trust a restore point. I would back up any important files, then restore the computer to factory settings if you have a restore disk. If not, I would reformat and reinstall MacOS.
by mhalley
Mon Dec 05, 2016 4:00 pm
Forum: Investing - Theory, News & General
Topic: What does Dave Ramsey mean by "ride the wave"
Replies: 29
Views: 5077

Re: What does Dave Ramsey mean by "ride the wave"

Ramsey has always based many of his principles on what the Bible says about money. The borrower is slave to the lender is his main tenant.
Also, ELPs are now Smartvestor. pros
by mhalley
Mon Dec 05, 2016 1:03 pm
Forum: Personal Consumer Issues
Topic: Merkur Safety Razor = money saved
Replies: 25
Views: 1558

Re: Merkur Safety Razor = money saved

I use bathroom cleaner designed to remove soap scum from tile if it gets too Yucky.
Badger and blade has a table of various products.
http://wiki.badgerandblade.com/Safety_razor_maintenance
by mhalley
Mon Dec 05, 2016 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Silly FICO Score "Key Factors"
Replies: 7
Views: 614

Silly FICO Score "Key Factors"

So I was looking at my free Equifax FICO NG2 score given by my credit union, and it says "key factors affecting your score:" 1.Too many credit inquiries in the last 12 months (No new credit applied for in 2016, did get a new cc late 2015) 2. Amount owed on revolving accounts is too high. S...
by mhalley
Mon Dec 05, 2016 12:10 pm
Forum: Investing - Theory, News & General
Topic: Trying to fund retirement in late 20s.
Replies: 8
Views: 799

Re: Trying to fund retirement in late 20s.

Front loading savings now is a great idea, but I would never be comfortable stopping saving for retirement. There are so many risks involved, ranging from sequence of returns list as you enter retirement, prolonged underperformance, Health, rapant inflation, Job loss, etc. The catch up plan is fine ...
by mhalley
Mon Dec 05, 2016 12:40 am
Forum: Personal Consumer Issues
Topic: Merkur Safety Razor = money saved
Replies: 25
Views: 1558

Re: Merkur Safety Razor = money saved

Here is something I tried recently. I bought a hand lotion warmer and filled it with a liquid shave soap. If I am in a hurry and don't want to take the time to work at getting a good lather, I turn it on and when I get out of the shower I can just slather it on and shave.
by mhalley
Mon Dec 05, 2016 12:30 am
Forum: Personal Consumer Issues
Topic: Merkur Safety Razor = money saved
Replies: 25
Views: 1558

Re: Merkur Safety Razor = money saved

I started with the regular merkur then upgraded to the adjustable one. The blades depend on the razor and your beard, so you are better off with a sample pack and figure which blade works best for you. A good badger brush, and some taylors of old bond street or geo. f trumpers shave cream. There are...
by mhalley
Sun Dec 04, 2016 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on dealing with Amazon customer service
Replies: 28
Views: 2382

Re: Advice on dealing with Amazon customer service

Newegg has some good deals from time to time. Also the Laptop manufacturer, ie Dell for example. Woot sometimes has amazing deals. http://www.newegg.com/ http://www.dell.com/en-us/ http://www.woot.com/ Or directly to the laptops: http://www.woot.com/category/computers/laptops?ref=w_cnt_cdet_pc_2 Ama...
by mhalley
Sun Dec 04, 2016 3:14 am
Forum: Personal Consumer Issues
Topic: Hearing aids: best brands and where to get them?
Replies: 35
Views: 2685

Re: Hearing aids: best brands and where to get them?

I heard Clark Howard talk about this on his radio show the other day. No idea of the quality of the product, but has the first FDA approved home hearing test to go along with the cheap hearing aids. $49 for the test, $299 Ea for the aids. Might also need to purchase the $99 programming kit. $750 all...
by mhalley
Fri Dec 02, 2016 6:43 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 22
Views: 979

Re: How many books should i read for long term imnvesting.

Another option is to read some of the books on the psychology of investing, such as https://www.amazon.com/Your-Money-Brain-Science-Neuroeconomics-ebook/dp/B000SEPIGE/ref=sr_1_1?s=books&ie=UTF8&qid=1480722115&sr=1-1 Or some of Taleb's books such as https://www.amazon.com/Your-Money-Brain...
by mhalley
Fri Dec 02, 2016 4:09 pm
Forum: Investing - Theory, News & General
Topic: How many books should i read for long term investing.
Replies: 22
Views: 979

Re: How many books should i read for long term imnvesting.

I have read many investment books, but they are all boglehead type. This served to help convince me that I was doing the right thing with my investments. If I read Cramer or other types if books, it would make me worried that I was not doing the right thing. If you are already convinced that the Bog...
by mhalley
Fri Dec 02, 2016 11:52 am
Forum: Investing - Help with Personal Investments
Topic: wash sale rule?
Replies: 5
Views: 343

Re: Does a realized gain ever affect the wash sale rule?

You can sell all you want as long as you don't buy within the 31 days. You can buy all you want after a tax gain sale, the same day if you want. But then you are a trader!
by mhalley
Fri Dec 02, 2016 11:03 am
Forum: Investing - Help with Personal Investments
Topic: wash sale rule?
Replies: 5
Views: 343

Re: Does a realized gain ever affect the wash sale rule?

Gain sales do not affect tax loss harvesting, you would only have problems if you bought more shares.
https://www.bogleheads.org/wiki/Tax_gain_harvesting
by mhalley
Thu Dec 01, 2016 10:33 pm
Forum: Personal Consumer Issues
Topic: How to Remove a Broken Screw from Mailbox?
Replies: 19
Views: 1061

Re: How to Remove a Broken Screw from Mailbox?

I used one of those extrators that hooks to a drill to remove a screw from a door recently and it worked fine. You might also need a flexible adapter if it won't line up. https://www.amazon.com/5pcs-Damaged-Screw-Remover-Set/dp/B01ATH4F7M/ref=sr_1_4?ie=UTF8&qid=1480649463&sr=8-4&keywords...
by mhalley
Wed Nov 30, 2016 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: 401K to direct roll over IRA
Replies: 4
Views: 271

Re: 401K to direct roll over IRA

Fidelity, Vanguard and Schwab all have very inexpensive index funds. Any of these would be better than Voya.
by mhalley
Wed Nov 30, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard joint taxable account vs. individual account with beneficiary
Replies: 18
Views: 1351

Re: vanguard joint taxable account vs. individual account with beneficiary

The beneficiary on the account supercedes the will. (except 401k plans I think) There have been cases reported of people getting divorced, then when someone dies the ex gets the money because the deceased never changed the beneficiary on the account. This seems to mostly apply to IRAs, but James Lan...
by mhalley
Wed Nov 30, 2016 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Should I add to Wellesley instead of Total Bond?
Replies: 26
Views: 1845

Re: Should I add to Wellesley instead of Total Bond?

The "add to" sounded like he was adding new money. Agree that %3 is way too low too rebalance.
by mhalley
Wed Nov 30, 2016 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Should I add to Wellesley instead of Total Bond?
Replies: 26
Views: 1845

Re: Should I add to Wellesley instead of Total Bond?

It appears to me that OP is talking about adding money to the account in Wellesley vs adding money to Total Bond. Correct me if I am wrong, but this sounds like it is just normal addition of new money to the portfolio, not Rebalancing, which is Sellling one position to Buy another. In which case, ad...
by mhalley
Tue Nov 29, 2016 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Opinion With Ascensus
Replies: 10
Views: 616

Re: 401k Opinion With Ascensus

As a general rule of thumb, it makes sense to invest in a 401k until the fees are about 1.7%. I would go with the cheapest fund (us growth) and use the ira and taxable to complete your asset allocation. If you are healthy, you might consider an hsa as a stealth ira.
by mhalley
Tue Nov 29, 2016 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Are we on the right track for retirement?
Replies: 14
Views: 1556

Re: Are we on the right track for retirement?

As to the mf allocation. I would go with the vanguard total stock, bond and international.
by mhalley
Tue Nov 29, 2016 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Are we on the right track for retirement?
Replies: 14
Views: 1556

Re: Are we on the right track for retirement?

6.7 is huuuuuge. You might want to rethink that. I would lay on that before the after tax
by mhalley
Tue Nov 29, 2016 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help with tax loss harvesting Vanguard Intermediate Muni Bond Fund; alternative fund suggestions
Replies: 6
Views: 576

Re: Help with tax loss harvesting Vanguard Intermediate Muni Bond Fund; alternative fund suggestions

I might just park it in a mm and go back in when the wash sale period is over. You might be buying the dividend if you buy now and plan to move back.
by mhalley
Mon Nov 28, 2016 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard joint taxable account vs. individual account with beneficiary
Replies: 18
Views: 1351

Re: vanguard joint taxable account vs. individual account with beneficiary

I handle the beneficiary of my joint account by naming my heirs in my will. ( Assuming my wife and I were killed simultaneously). If there is big bucks in the account, there could be some estate tax. Is there more than 5.5 million in your estate? https://personal.vanguard.com/us/help/FAQEstatePlanni...
by mhalley
Mon Nov 28, 2016 3:07 pm
Forum: Investing - Theory, News & General
Topic: When to exchange munis for treasuries in retirement?
Replies: 13
Views: 1350

Re: When to exchange munis for treasuries in retirement?

Another consideration is taxes on the muni bond fund. I have a large amount of int term muni fund in my taxable account. That has a large unrealized cap gain. If I sold it all to buy another bond fund, it would take many years for the new bond fund returns to overcome the taxes on the gain. Therefor...
by mhalley
Mon Nov 28, 2016 1:15 am
Forum: Personal Consumer Issues
Topic: Casio G Shock radio wave solar watches
Replies: 11
Views: 1268

Re: Casio G Shock radio wave solar watches

I have one for several years with no problems. Highly recommended.
by mhalley
Fri Nov 25, 2016 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating New Car Purchase
Replies: 34
Views: 3581

Re: Negotiating New Car Purchase

You might start at true car.
by mhalley
Fri Nov 25, 2016 5:36 pm
Forum: Personal Consumer Issues
Topic: Anyone upgrade to newest kindle?
Replies: 8
Views: 1454

Re: Anyone upgrade to newest kindle?

I was considering a refurbished voyage, but couldn't make up my mind if it was a worthwhile upgrade due to the better dots per inch and backlight. I would love to try an oasis but the price!
by mhalley
Fri Nov 25, 2016 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation 2 years until retirement
Replies: 1
Views: 302

Re: Bond Allocation 2 years until retirement

The fixed income allocation seems on, but you might be better off in total bond market than the cash and stable value fund. Is the cash in mm or CDs? If afraid of bond market you might consider a CD ladder.
by mhalley
Fri Nov 25, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Self/spouse as beneficiary of 529?
Replies: 8
Views: 647

Re: Self/spouse as beneficiary of 529?

Each state has different tax laws, but I think it unlikely that you would get more tax deductions for 4 529 plans vs 2, assuming the same amount of money was deposited overall. In general, changing 529 beneficiaries is not a taxable event for federal taxes, (as long as they are family member) but st...
by mhalley
Thu Nov 24, 2016 3:02 pm
Forum: Investing - Theory, News & General
Topic: Brokerage Account at VG (terms needed to understand)
Replies: 12
Views: 890

Re: Brokerage Account at VG (terms needed to understand)

Perhaps you have an old Vanguard Mutual Fund account that has not been upgraded to a brokerage account yet, so you can only buy mutual funds in it instead of stocks/etfs? Is that what you mean? See this page about upgrading to a brokerage account if that is the case. https://investor.vanguard.com/in...
by mhalley
Thu Nov 24, 2016 1:50 pm
Forum: Investing - Theory, News & General
Topic: Brokerage Account at VG (terms needed to understand)
Replies: 12
Views: 890

Re: Brokerage Account at VG (terms needed to understand)

What do you mean that the funds are not available in a Roth IRA? A Brokerage account can be in a Roth or Traditional IRA or a taxable account, and the same funds would be available to buy in each. The cost to purchase the funds would vary depending on where the account is located, ie, if at vanguard...
by mhalley
Thu Nov 24, 2016 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should I rebalance my 3 funds now?
Replies: 3
Views: 426

Re: Should I rebalance my 3 funds now?

What does your IPS say? You should come up with a plan on how often and when to rebalance and stick with it. Usually it is something like once a year and when your allocation is off by 5%. Others have said quarterly, twice a year, and Otar I think recommends during election years. Here are a few blo...
by mhalley
Thu Nov 24, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: Anyone upgrade to newest kindle?
Replies: 8
Views: 1454

Re: Anyone upgrade to newest kindle?

I prefer reading on dedicated e-readers with e-ink than on tablets myself.
by mhalley
Wed Nov 23, 2016 12:13 am
Forum: Investing - Help with Personal Investments
Topic: rollover ira [what to invest in]
Replies: 14
Views: 882

Re: rollover ira [what to invest in]

One of the best places to start is with the bogleheads wiki. I would suggest starting at the beginning with https://www.bogleheads.org/wiki/Getting_started Then proceed to https://www.bogleheads.org/wiki/Asset_allocation Now learn about the 3 fund portfolio https://www.bogleheads.org/wiki/Three-fund...
by mhalley
Tue Nov 22, 2016 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of retiring
Replies: 22
Views: 3258

Re: Thinking of retiring

You might consider cancelling the term life insurance, your need for that seems to have passed. Personal choice of course, but you could use that money to help beef your savings (of course it probably is not much).
by mhalley
Tue Nov 22, 2016 12:45 am
Forum: Personal Consumer Issues
Topic: Anyone upgrade to newest kindle?
Replies: 8
Views: 1454

Anyone upgrade to newest kindle?

I have the original (2012) paperwhite and really love it. I see some pretty good deals on the latest paperwhite and voyage. Anyone done this upgrade and think it was worth it?
by mhalley
Sat Nov 19, 2016 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: how much to save for retirement
Replies: 30
Views: 3698

Re: how much to save for retirement

The rule of thumb starts at saving 15% of your income. this is based on working a "normal" lifetime until retirement age. If you want to retire sooner, then you save more. MMM has a nice post on how long it takes to retire saving different percentages of your income. http://www.mrmoneymust...

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