Search found 3523 matches

by mhalley
Wed Aug 31, 2016 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Strategy Question
Replies: 12
Views: 516

Re: Health Insurance Strategy Question

Whether to self insure for anything is up to you, whether it be health insurance, homeowners, auto except liability etc. You decided last Nov that you wanted health insurance, partly due to the threat of a penalty, but probably mostly because you did not want to self insure a potentially 100 thousan...
by mhalley
Wed Aug 31, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Understanding wash sale rule: Same fund held in taxable account and IRA
Replies: 6
Views: 467

Re: Understanding wash sale rule: Same fund held in taxable account and IRA

Probably the biggest pitfall would be if you have automatic dividend reinvestment turned on for the fund in the ira. So be sure to have the dividends go to the settlement fund instead to avoid the problem.
by mhalley
Tue Aug 30, 2016 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Multiple Vanguard Taxable Accounts
Replies: 2
Views: 289

Re: Advice on Multiple Vanguard Taxable Accounts

Seems overly complicated. I imagine you would get multipIe tax forms as opposed to just one. I would just keep the "subaccounts" in my head. Also, by buying balanced funds you are foregoing any possibility of tax loss harvesting in the future. https://www.bogleheads.org/wiki/Tax_loss_harve...
by mhalley
Tue Aug 30, 2016 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Upgrade Options?
Replies: 6
Views: 720

Re: Vanguard Upgrade Options?

It won't create a taxable event. It will change your mutual fund account into a brokerage account, allowing you to buy etfs, stocks, bonds, etc in one account. I did it with all my accounts with no problems, but I didn't have any automatic settings activated.
by mhalley
Tue Aug 30, 2016 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Allocation/Budgeting
Replies: 1
Views: 215

Re: Retirement Allocation/Budgeting

You can run your numbers through I-orp so see if Roth conversions make sense.
http://www.i-orp.com/
The biggest thing is for you and dh to get ont the same page. Perhaps he could have 5% of your portfolio to "play" with.
by mhalley
Tue Aug 30, 2016 1:13 am
Forum: Personal Consumer Issues
Topic: How Does Your money Make Money?
Replies: 39
Views: 3821

Re: How Does Your money Make Money?

Probably the most popular way aside from stock investing is real estate. Either owning rental property or Flipping. This is a LOT harder to do than those tv shows make it look. I will take my index fund portfolio any day.
by mhalley
Tue Aug 30, 2016 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Looking for guidance on survivor benefits options
Replies: 24
Views: 914

Re: Looking for guidance on survivor benefits options

This is one of the most complicated decisions you can make. My understanding is that the people that recommend insurance are insurance co. salesmen. No other salient points to make. Health of spouse and family history of longevity also play a large role. Yes, File and suspend is dead. "First an...
by mhalley
Tue Aug 30, 2016 12:43 am
Forum: Investing - Help with Personal Investments
Topic: can someone explain paychex 401k's 0.46% annual fee for return of concessions? (see quote)
Replies: 3
Views: 489

Re: can someone explain paychex 401k's 0.46% annual fee for return of concessions? (see quote)

I think there was a (relatively) recent post by someone about paychex. Ah, here it is: viewtopic.php?t=179237
You might PM the OP.
by mhalley
Mon Aug 29, 2016 11:42 pm
Forum: Personal Consumer Issues
Topic: Do you factor mandatory surcharges into gratuity?
Replies: 46
Views: 2426

Re: Do you factor mandatory surcharges into gratuity?

This seems to be a weird way to make out a bill. If it is mandatory, why not just raise the prices 4%? Also, just because it says that is what the 4% is for, how do you know? You usually will have no idea what your server is paid or whether they have benefits or not.
by mhalley
Mon Aug 29, 2016 11:36 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA-CREF
Replies: 6
Views: 792

Re: TIAA-CREF

Tiaa is not a bad shop, but there are certainly many other places that you might like better. Vanguard, fidelity and schwab all have great low cost mutual funds. There have been several posts on bad vanguard customer service lately, but no one is perfect. I like all three. You might check to see if ...
by mhalley
Mon Aug 29, 2016 8:35 pm
Forum: Personal Consumer Issues
Topic: New Tire suggestions?
Replies: 15
Views: 1104

Re: New Tire suggestions?

I am planning on getting new tires in October when they go on sale. I have been perusing my car models forums regarding tires, plus looking at the reviews and best sellers at tire rack, then I will shop around local shops once I determine exactly what tires I want to buy. I have heard that SAMs has ...
by mhalley
Mon Aug 29, 2016 5:37 pm
Forum: Personal Consumer Issues
Topic: Fit bit
Replies: 35
Views: 1981

Re: Fit bit

Fitbit is coming out with new devices, so hopefully the old ones will be on sale.
by mhalley
Mon Aug 29, 2016 5:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: I think I found Rick Ferri
Replies: 48
Views: 7443

Re: I think I found Rick Ferri

Looks like he skimped on the RV. He should have got a Long, Long Trailer.
https://www.youtube.com/watch?v=FWoEWBcFpuE
by mhalley
Mon Aug 29, 2016 11:57 am
Forum: Investing - Help with Personal Investments
Topic: can someone explain paychex 401k's 0.46% annual fee for return of concessions? (see quote)
Replies: 3
Views: 489

Re: can someone explain paychex 401k's 0.46% annual fee for return of concessions? (see quote)

It would be bad as it decreases your investment returns. It would be good only if you could not find a cheaper alternative. Have you checked with emplyoyee fiduciary?
by mhalley
Mon Aug 29, 2016 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Need advise for finances and possibly brokerage
Replies: 2
Views: 320

Re: Need advise for finances and possibly brokerage

The three fund portfolo limo would work fine in a taxable account, although at your income you should substitute the muni fund for total bond.
by mhalley
Sun Aug 28, 2016 10:21 pm
Forum: Personal Consumer Issues
Topic: Eating Healthy/Meals for One
Replies: 65
Views: 4176

Re: Eating Healthy/Meals for One

Perhaps a small slow cooker and these cookbooks https://www.amazon.com/Your-Mothers-Slow-Cooker-Recipes/dp/1558323414/ref=sr_1_1?ie=UTF8&qid=1472440825&sr=8-1&keywords=not+your+mothers+slow+cooker+recipes+for+two https://www.amazon.com/Slow-Cooking-Two-Cookbook-Designed/dp/1623153867/ref...
by mhalley
Sun Aug 28, 2016 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Buying house near church
Replies: 65
Views: 4381

Re: Buying house near church

I think the biggest problem for me would be if they have excessively loud bells and love to ring them. I like to sleep in, and i would find that a problem.
by mhalley
Sun Aug 28, 2016 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: please help ignorant 40 year old
Replies: 15
Views: 2134

Re: please help ignorant 40 year old

I was listening to a financial podcast recently ( sorry can't recall which one) and the 'caster stated that a good way for someone getting started late for retirement is to take some lessons from the early retirement community (mr money mustache, etc). Take this post regarding the savings rate vs ye...
by mhalley
Sun Aug 28, 2016 11:53 am
Forum: Personal Consumer Issues
Topic: combo oven microwave, want to replace microwave
Replies: 15
Views: 873

Re: combo oven microwave, want to replace microwave

O, one tip when purchasing the new microwave. I did not notice that the buttons do not light up on the new microwave, and due to the lighting in the kitchen I found it hard to see which button to push. I ended up installing a little battery operated led light on the wall to illuminate the buttons. S...
by mhalley
Sun Aug 28, 2016 11:38 am
Forum: Personal Consumer Issues
Topic: combo oven microwave, want to replace microwave
Replies: 15
Views: 873

Re: combo oven microwave, want to replace microwave

The microwave over the oven is very common, so I don't know what the appliance store is talking about. I don't know whether sanding and painting the interior is an option, but I have a built in microwave and oven with a similar design. When my microwave died a few years ago, I bought a similar micro...
by mhalley
Sun Aug 28, 2016 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one
Replies: 9
Views: 1065

Re: Convert a lazy buy-and-hold portfolio to a lazy income-oriented one

One, noone is going to take the time to look up all those symbols. As to the first portfolio, It looks to be a 90% equity portfolio, which is very aggressive for someone approaching retirement. I would prefer a 60/40-50/50 mix. Two, you might check out Vanguards white paper on Total Return Investing...
by mhalley
Sun Aug 28, 2016 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review for someone just starting out
Replies: 3
Views: 286

Re: Portfolio review for someone just starting out

1. I might bump the bond portion up to 10%, and switch to the total bond market fund. LT bonds are bound to take a hit when the inevitable interest rate hike hits. I prefer my risk on the equity side instead of the bond side, so I would drop the HY bonds. 1% of anything doesn't do much for your port...
by mhalley
Sun Aug 28, 2016 10:41 am
Forum: Investing - Theory, News & General
Topic: Portfolio Analysis Tool?
Replies: 6
Views: 447

Re: Portfolio Analysis Tool?

You can add her portfolio into Vanguards tool. Look for the Outside Investments. You can either add the funds manually or have vanguard import them from your other accounts. Check out livesofts detailed post, along with his post on Fidelity Fullview and morningstar instant xray.. https://www.boglehe...
by mhalley
Sat Aug 27, 2016 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for unemployed 64-year old broke friend
Replies: 69
Views: 5997

Re: Advice for unemployed 64-year old broke friend

Sad to say, but it would be difficult for you to make much of a difference in this persons situation. Something must be wrong to not get a job in that period of time. Can he open his own practice? I would imagine jobs are out there for qualified psychologists. The biggest problem with little income ...
by mhalley
Sat Aug 27, 2016 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest ANYTHING right now?
Replies: 27
Views: 3076

Re: Should I invest ANYTHING right now?

You plan sounds good to me. Wci has a great post on priorities for the new attending. http://whitecoatinvestor.com/student-loans-vs-investing The Salent points: " I suggest you use the following list of loan/investing priorities: 1) Pay off high interest debt. Any credit cards or consumer debt ...
by mhalley
Sat Aug 27, 2016 2:03 pm
Forum: Personal Consumer Issues
Topic: Where to mount winter tires?
Replies: 31
Views: 1963

Re: Where to mount winter tires?

Why not use one of the tire rack recommended installers? http://www.tirerack.com/content/tirerack/desktop/en/deliver_installation.html?gclid=Cj0KEQjw9IS-BRC4qZXagbLs6uMBEiQAYHBh-62pK_Fe5Dm2F2RoE9mAQnx2iXoG9JX3oTIuR_SA0ukaAtZY8P8HAQ&s_kwcid=AL!3756!3!72455816173!e!!g!!tirerack%20installers&ef...
by mhalley
Sat Aug 27, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Down Payment Amount on New Home - 10 or 20%
Replies: 21
Views: 1488

Re: Down Payment Amount on New Home - 10 or 20%

Letting the tax tail wag the dog is seldom a good idea. Pmi is just throwing money away. Everyone should have an emergency fund, whether you own a home or not. Say next year you take a new job and have to move, or lose your job and have to sell. With only 10% down, it is possible you would be under ...
by mhalley
Fri Aug 26, 2016 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Now the time to open S&P 500 Roth IRA?
Replies: 14
Views: 832

Re: Now the time to open S&P 500 Roth IRA?

The best time to plant a tree is 20 years ago. The second best time is today. The same applies to investing.
by mhalley
Fri Aug 26, 2016 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to get rid of sizable stock holding in 401K
Replies: 9
Views: 423

Re: Best way to get rid of sizable stock holding in 401K

While bogleheads are not fans of individual stocks, one thing to consider is the potential tax benefits of keeping company stock until you can use the special tax benefits. Exactly what % of your net worth is in the co stock? How old are you? Do you plan on staying with the co? I see from your post ...
by mhalley
Fri Aug 26, 2016 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest in a Mutual Fund without Brokerage acct [at Vanguard]
Replies: 2
Views: 303

Re: How to invest in a Mutual Fund without Brokerage acct [at Vanguard]

Vanguard has decided that having different types of accounts is unnecessary. It doesn't matter that the new account is a brokerage account. You don't have to buy stocks in it. You don't have to link a banking account to it. Just create the account and send the check.
by mhalley
Thu Aug 25, 2016 10:37 pm
Forum: Personal Consumer Issues
Topic: Honda maintenance schedule?
Replies: 49
Views: 3043

Re: Honda maintenance schedule?

My Acura TL (luxury accord) just had the b1 come on at 39k miles. I decided to go ahead and take it in to the dealer, and they charged $150 for it. I take it to my local valvoline for the regular oil changes.
by mhalley
Wed Aug 24, 2016 9:50 am
Forum: Investing - Theory, News & General
Topic: Opportunity to revamp current 401k
Replies: 5
Views: 403

Re: Opportunity to revamp current 401k

I think I have seen employee fiduciary mentioned favorably here before. http://www.employeefiduciary.com/401k-plan-pricing/ WCI talks about it here: http://whitecoatinvestor.com/your-small-practice-401k-may-be-ripping-you-off-friday-qa-series/ Excerpt from wci blog post: "Employee Fiduciary has...
by mhalley
Wed Aug 24, 2016 6:47 am
Forum: Investing - Help with Personal Investments
Topic: Need help Bogle'ing my portfolio
Replies: 16
Views: 1054

Re: Need help Bogle'ing my portfolio

Why do you have his and hers taxable accounts? Do you like wisebanyan? How about consolidating all of the taxable accounts with wisebanyan?
by mhalley
Mon Aug 22, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Please, please advise...Health insurance terminated by insurance company
Replies: 45
Views: 3250

Re: Please, please advise...Health insurance terminated by insurance company

You might be able to get some short term health insurance as you do not have a qualifying event. You could go ahead and sign up for it now, then cancel if you get this straightened out. They are bad, but better than nothing if you don't want to go bare till Jan. "Short-term plans are temporary ...
by mhalley
Mon Aug 22, 2016 11:43 am
Forum: Personal Consumer Issues
Topic: Best way to sell comic books?
Replies: 8
Views: 749

Re: Best way to sell comic books?

If you have any that are worth $$$$, it MIGHT pay to have them professionally graded. The vast majority would not need this, but if you have a rare, valuable comic it could help get the highest price.
http://www.ebay.com/gds/Comic-Books-To- ... 916/g.html
by mhalley
Mon Aug 22, 2016 11:34 am
Forum: Personal Finance (Not Investing)
Topic: retirement websites/books?
Replies: 13
Views: 1101

Re: retirement websites/books?

You might check out Otar's book Uveiling the Retirement Myth. http://www.retirementoptimizer.com/
To calculate Roth conversions, try http://www.i-orp.com/
by mhalley
Sun Aug 21, 2016 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Have 20,000$ in my IB account as cash. What should I do?
Replies: 1
Views: 372

Re: Have 20,000$ in my IB account as cash. What should I do?

The wiki states you have a 66% chance of doing better if you invest now vs dca. There are multiple threads on the subject, here is one to get you started. It is up to your risk tolerance/ feeling about stock market being over valued.

viewtopic.php?t=101965
by mhalley
Sun Aug 21, 2016 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Home Down Payment
Replies: 9
Views: 558

Re: Investing Home Down Payment

The 15 year mortgage is Dave Ramsey's rule, but certainly there are financial gurus out there who think a 30 year is fine. I had a 30 year mortgage on my first home at 9% (remember those days?) and payed it off in 10. Second was a 15 year at 6, also payed in 10. There are some who would say to take ...
by mhalley
Sun Aug 21, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Under 25 Car Insurance
Replies: 8
Views: 522

Re: Under 25 Car Insurance

Oh, just had another thought, some insurance have those devices that monitor your driving. Perhaps that would be an option. Some have programs if you have on star type service in car. Example: https://www.statefarm.com/insurance/auto/discounts/drive-safe-save?cmpid=ps:Google::Sitelink:B&gclid=Cj...
by mhalley
Sun Aug 21, 2016 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Under 25 Car Insurance
Replies: 8
Views: 522

Re: Under 25 Car Insurance

1. Up to you if you want to buy him a new car if he totals this one. One option is to increase the deductable to maximum. 2. Responsibility has a cost. Are you obligated to have maximum coverage? No. Very slippery slope. 3. Possibly. He is technically an adult, so it would be unlikely. I would eithe...
by mhalley
Sun Aug 21, 2016 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Moving Fidelity IRA to Vanguard Fund advice?
Replies: 6
Views: 471

Re: Moving Fidelity IRA to Vanguard Fund advice?

Fidelity is a great fund co. I love vanguard, but also love Fido. I would look into changing your funds, not your brokerage.
https://www.fidelity.com/mutual-funds/f ... ndex-funds
by mhalley
Sun Aug 21, 2016 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Investing Home Down Payment
Replies: 9
Views: 558

Re: Investing Home Down Payment

I prefer to keep savings as savings and not take the risk. Everyone "knows" that interest rates are going up, so there is potential downside to the bond fund. But if you are ok potentially losing some of the savings...
by mhalley
Sun Aug 21, 2016 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Investing Home Down Payment
Replies: 9
Views: 558

Re: Investing Home Down Payment

Are you continuing to fund the Roth? You should consider bumping your retirement savings to at least 15%, more if you have any thoughts of early retirement. http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ A general rule of thumb is a 20% downpayment, pre...
by mhalley
Sun Aug 21, 2016 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Help - can you transfer in-kind within Vanguard?
Replies: 8
Views: 664

Re: Help - can you transfer in-kind within Vanguard?

Bonds in taxable are not the huge problem they used to be. Check out this article and you might decide to keep it in taxable.

http://whitecoatinvestor.com/asset-loca ... n-taxable/
by mhalley
Sun Aug 21, 2016 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Pay off student loan debt before taking on more debt (house debt)?
Replies: 20
Views: 1268

Re: Pay off student loan debt before taking on more debt (house debt)?

Sorry for the typo, I meant<25% of take home pay. Not gonna get <15% in a hcol area :oops: . This article may or may not be helpful. http://www.acepnow.com/article/tips-for-physicians-on-buying-a-home-right-away/ And perhaps this one, substituting save for home vs investing. http://whitecoatinvestor...
by mhalley
Sun Aug 21, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Pay off student loan debt before taking on more debt (house debt)?
Replies: 20
Views: 1268

Re: Pay off student loan debt before taking on more debt (house debt)?

What is your house/mortgage goal? Ie, 20% downpayment, mortgage <15% of take home pay? Are you currently maxing retirement accounts? I like the idea of being debt free, But this is personal finance so perhaps #2. The loan rates are not terrible.
by mhalley
Sat Aug 20, 2016 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: I got a new job! [Help with investment plan]
Replies: 3
Views: 529

Re: I got a new job! [Help with investment plan]

I have an 8.6% reit allocation, so I don't think 5% is a problem. Rolling old 401k to tsp is a great idea. A recent post by Taylor suggested 20% as a good intl %.
viewtopic.php?t=196956
by mhalley
Sat Aug 20, 2016 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance issues - Legal related
Replies: 18
Views: 759

Re: Health insurance issues - Legal related

Perhaps you can get a medical billing advocate? This post discusses them and has links to various organizations that provide the service. "Medical billing advocates are available, after you’ve received care, as experts to go over your medical charges and make sure they are fair. They can help y...
by mhalley
Fri Aug 19, 2016 5:32 pm
Forum: Personal Consumer Issues
Topic: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD
Replies: 68
Views: 4463

Re: Medical Billing Question - Hospital Discharge Instructions led to acetaminophen OD

Depends on the medication regarding adult vs pediatric dosage. As my med school profs often said, children are not just small adults. The metabolize some drugs differently.
by mhalley
Fri Aug 19, 2016 10:57 am
Forum: Personal Consumer Issues
Topic: Instant oatmeal vs "regular" oatmeal
Replies: 51
Views: 3317

Re: Instant oatmeal vs "regular" oatmeal

I think they are not quite as "healthy" as regular, but are much better than say corn flakes. Some of them have added sugar and a few chemicals. I would go ahead and enjoy the box and pick up some steel cut next time. Have you tried the "refrigerator" option? http://healthyeating...

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