Search found 3183 matches

by mhc
Wed Sep 28, 2016 11:48 am
Forum: Personal Finance (Not Investing)
Topic: How closely do you check your credit card statements?
Replies: 51
Views: 2052

Re: How closely do you check your credit card statements?

I scan my transactions on-line every few weeks. I never compare them against receipts. I only look for gross errors or fraudulent charges. When I checked more carefully, I never found an error, so I stopped.
by mhc
Tue Sep 27, 2016 3:29 pm
Forum: Personal Consumer Issues
Topic: Smartphone Case
Replies: 15
Views: 611

Re: Smartphone Case

I don't use a case. Unless you tend to drop things, you don't need a case. Many people do not use a case.
by mhc
Tue Sep 27, 2016 3:27 pm
Forum: Investing - Theory, News & General
Topic: No Extended Market stocks? How bad is it?
Replies: 10
Views: 883

Re: No Extended Market stocks? How bad is it?

You could move all your wife's bonds to Total Market and some of your S&P to more bonds. That would get you closer. Or you could go with what you have for simplicity - rebalancing is probably easier. +1 You don't have to have the 3-fund portfolio replicated in each account. Choose the best opti...
by mhc
Tue Sep 27, 2016 12:29 pm
Forum: Personal Consumer Issues
Topic: Office headsets
Replies: 13
Views: 993

Re: Office headsets

For my phone I use a wireless Plantronics headset. It is great. I've been using the same one for over 5 years. It has good range. During long meetings I can walk around the office, get coffee, and even go to my car to get my lunch. I was the first in the office to get one. Now, everyone has one. The...
by mhc
Tue Sep 27, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Recommended advisors with stock option experience
Replies: 3
Views: 287

Re: Recommended advisors with stock option experience

Stock options are pretty easy unless maybe you have a ridiculous amount.
by mhc
Mon Sep 26, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Lost cost basis on non-covered stock. Audit what to do
Replies: 7
Views: 519

Re: Lost cost basis on non-covered stock. Audit what to do

I would contact my previous employer to see what they have available.
by mhc
Mon Sep 26, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: Were these microwave oven potentially harmful?
Replies: 7
Views: 843

Re: Were these microwave oven potentially harmful?

If you bought it at a local retailer, exchange it. Next time, open every box in the store until you find one that you will be happy with. A clerk should be able to assist you. If they won't, take your business eleswhere. I would suspect the gap is not an issue, but if you aren't happy and comfortabl...
by mhc
Fri Sep 23, 2016 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Invest entire $1M windfall now or over time?
Replies: 39
Views: 4623

Re: Invest entire $1M windfall now or over time?

If you are already in the market, stay in the market. Sounds like you are already in with the $1 million, so keep it in the market.
by mhc
Fri Sep 16, 2016 2:55 pm
Forum: Personal Consumer Issues
Topic: How to fix doors that don't close after new carpet installation
Replies: 36
Views: 2465

Re: How to fix doors that don't close after new carpet installation

... My neighbor cut the bottom of a door off for me with his table saw that he set up in his driveway. It took less than 10 minutes. I don't remember it being a problem. Probably not by his/her self. :!: Running sheet goods through a table saw without a sled and support of the work piece is dangero...
by mhc
Fri Sep 16, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: How to fix doors that don't close after new carpet installation
Replies: 36
Views: 2465

Re: How to fix doors that don't close after new carpet installation

Make friends with someone who has a table saw. Thats what I do. Otherwise, find a good handyman. They are worth their weight in gold. Pretty hard to run a door through a (home shop) table saw safely ... Right. I don't know how you could do that except on industrial size equipment. I have done it us...
by mhc
Thu Sep 15, 2016 9:54 am
Forum: Personal Consumer Issues
Topic: Conference/Vacation in Colorado Springs in November -- suggestions for things to do? Also, how much/what can I deduct?
Replies: 12
Views: 948

Re: Conference/Vacation in Colorado Springs in November -- suggestions for things to do? Also, how much/what can I dedu

nova1968 wrote:Check out the Air Force Academy, they have a visitors section, walking areas and guided tours


I do not believe they have guided tours for the general public. The visitor center and chapel are worth seeing. My family really enjoyed the movie in the visitor center.
by mhc
Thu Sep 15, 2016 8:18 am
Forum: Personal Consumer Issues
Topic: How to fix doors that don't close after new carpet installation
Replies: 36
Views: 2465

Re: How to fix doors that don't close after new carpet installation

Make friends with someone who has a table saw. Thats what I do.

Otherwise, find a good handyman. They are worth their weight in gold.
by mhc
Mon Sep 12, 2016 8:31 am
Forum: Personal Consumer Issues
Topic: Conference/Vacation in Colorado Springs in November -- suggestions for things to do? Also, how much/what can I deduct?
Replies: 12
Views: 948

Re: Conference/Vacation in Colorado Springs in November -- suggestions for things to do? Also, how much/what can I dedu

Personally, I would not choose Boulder. Not my style. What do you plan on doing there? I have never found much there. There is CU, Celestial Seasonings, Atmospheric Research Center. You could go to Glenwood Springs (great hot springs pool) or Estes Park/Rocky Mountain NP. Both are much nicer than Bo...
by mhc
Thu Sep 08, 2016 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement - #'s too close for comfort?
Replies: 26
Views: 3516

Re: Early retirement - #'s too close for comfort?

Are you eligible for a ACA subsidy? If so, are you taking that into account?
by mhc
Thu Sep 08, 2016 9:44 am
Forum: Investing - Help with Personal Investments
Topic: admiral shares Vs. investors shares
Replies: 9
Views: 1210

Re: admiral shares Vs. investors shares

Welcome to the forum! The price of shares for mutual funds is pretty much useless. I don't know of any reason to look at them. If you have $10k to invest, you buy $10k of the fund. The investor shares are just slightly higher expense ratio (ER), so the return is slightly less. Let's say because of t...
by mhc
Fri Sep 02, 2016 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard PAS
Replies: 21
Views: 1378

Re: Vanguard PAS

It seems like you are coming to understand why most the people on this forum manage their own portfolios. It really is easy once you understand a few basics (AA, 3-fund portfolio, behavioral errors, TLH, rebalancing, account types).
by mhc
Wed Aug 31, 2016 12:25 pm
Forum: Investing - Theory, News & General
Topic: How to give unsolicited advice
Replies: 54
Views: 3419

Re: How to give unsolicited advice

Take some of the books along and leave them in site or sit down and read one in their view. If they bring it up, engage them.
by mhc
Tue Aug 30, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic Investments with Vanguard
Replies: 5
Views: 475

Re: Automatic Investments with Vanguard

You may change the automatic investment.
by mhc
Tue Aug 30, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Thank you gift for someone with everything
Replies: 29
Views: 2429

Re: Thank you gift for someone with everything

Is there a local business with a good locally made product like cheese, beer, candy? Send them a card and the local product.
by mhc
Tue Aug 30, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 2855

Re: how fast to max out your 401(k) 18K in a given year?

If there is a no match or there is a true up on matches, then max out as early as possible, especially if you are also going to contribute to an after tax account. Who knows, you may lose your job and not find work for the rest of the year. Get the money in while you can. What does 'true up' mean? ...
by mhc
Tue Aug 30, 2016 8:13 am
Forum: Personal Consumer Issues
Topic: How Does Your money Make Money?
Replies: 43
Views: 5082

Re: How Does Your money Make Money?

First invest in yourself to increase your earning potential. Focus on generating the money. While focusing on earning, save and live below your means. Invest in low cost index funds and stay the course. Investing in the market is easy. Earning a good paycheck is hard work.
by mhc
Tue Aug 30, 2016 8:06 am
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 2855

Re: how fast to max out your 401(k) 18K in a given year?

If there is a no match or there is a true up on matches, then max out as early as possible, especially if you are also going to contribute to an after tax account. Who knows, you may lose your job and not find work for the rest of the year. Get the money in while you can.
by mhc
Mon Aug 29, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 45
Views: 3173

Re: Do you count your emergency fund?

I have: 80% Stocks 19% bonds 1% cash The cash is for expenses and anything that may come up. When the cash part gets too large, I buy more stocks/bonds. Whatever is in my checking and savings account at the point of retirement will be used for retirement, so it is part of my retirement fund. Since i...
by mhc
Fri Aug 26, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we get by without permanent life insurance?
Replies: 85
Views: 5349

Re: Can we get by without permanent life insurance?

I'm still working and not yet 50. I have a DW and kids. I do not need life insurance. Between savings and SS benefits, my family would be fine.

If not, my DW better re-marry or get a job.
by mhc
Fri Aug 26, 2016 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: What portfolio rebalancing tool do you use?
Replies: 16
Views: 1535

Re: What portfolio rebalancing tool do you use?

With a simple portfolio as is the Boglehead way, like with just 2 or 3 funds, couldn't you just use, say, Yahoo Finance or the like to save your portfolio and show the percentages and just buy/sell as needed to get back to your intended allocation? That would be nice, but I have the following: 401k...
by mhc
Fri Aug 26, 2016 8:05 am
Forum: Investing - Help with Personal Investments
Topic: What portfolio rebalancing tool do you use?
Replies: 16
Views: 1535

Re: What portfolio rebalancing tool do you use?

I built my own Excel spreadsheet to handle this task. I have to manually enter the account balances. It was pretty easy to do, and I only use Excel a few times a year.
by mhc
Thu Aug 25, 2016 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Are Vanguard Personal Advisory Services worth the extra %?
Replies: 31
Views: 3011

Re: Are Vanguard Personal Advisory Services worth the extra %?

AA = Asset Allocation

It usually refers to the split between stocks and bonds.
by mhc
Thu Aug 25, 2016 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Are Vanguard Personal Advisory Services worth the extra %?
Replies: 31
Views: 3011

Re: Are Vanguard Personal Advisory Services worth the extra %?

Bigbevo, you really have to decide if it is worth it. In general, the fee is reasonable. I don't think they are ripping you off. You have come to a DIY forum and asked if you should be a DIYer. I know I could do any home repair necessary, but I don't always have the time or interest to do it, so I h...
by mhc
Thu Aug 25, 2016 8:12 am
Forum: Investing - Help with Personal Investments
Topic: How does a Boglehead handle stock options?
Replies: 29
Views: 2905

Re: How does a Boglehead handle stock options?

Wertdaman, I would only exercise the options under the following conditions: 1. Really need the money. Putting it into an EF in my opinion is not really needing the money. 2. Separation from the company. 3. Little value left in the option. This occurs as the stock goes up and as the expiration date ...
by mhc
Wed Aug 24, 2016 9:28 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 39
Views: 3362

Re: Aug. 2017 US total eclipse hotel reservations.

I have been waiting for it since 2013. Fortunately, I only live a few hours away from the path. I guessing I won't have much trouble getting a hotel in Wyoming or western Nebraska, but I'll check. All the major chains are booked solid for a radius of 200+ miles from Casper. I found 3 rooms still av...
by mhc
Wed Aug 24, 2016 8:19 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 39
Views: 3362

Re: Aug. 2017 US total eclipse hotel reservations.

I have been waiting for it since 2013. Fortunately, I only live a few hours away from the path. I guessing I won't have much trouble getting a hotel in Wyoming or western Nebraska, but I'll check.
by mhc
Tue Aug 23, 2016 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Did you use Real Estate to build wealth?
Replies: 45
Views: 3610

Re: Did you use Real Estate to build wealth?

No and never tried. I was just talking to a younger co-worker who is considering converting his house into a rental when he moves. I listed these reasons why I prefer mutual funds over real estate: 1. I like the liquidity of having mutual funds over real estate. 2. No one calls you at midnight to te...
by mhc
Mon Aug 22, 2016 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 108
Views: 6557

Re: How do you view debt?

Debt is a necessary evil when first starting out. I view it as a form of slavery that I try to avoid. I set a goal to be out of debt by age 40, and I have not been in debt since.

It can be a useful tool if used wisely, but I prefer to avoid it.
by mhc
Fri Aug 12, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 4
Views: 864

Re: PTO issue with Wife's work

It would give it until Oct-Nov. I would certainly want it corrected before the end of the year and the beginning of tax season.

If it is a big company, they will straighten it out.
by mhc
Fri Aug 12, 2016 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How many credit cards are too many?
Replies: 57
Views: 3775

Re: How many credit cards are too many?

When you sit down, tip over, and spill your drink.
by mhc
Fri Aug 12, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Is your fund selection/picking criteria better than monkey throwing darts?
Replies: 10
Views: 599

Re: What is your fund selection/picking criteria? and Why?

I'll play. I'm not sure I would buy an equity fund if I was only going to hold it for 5 years. If I would, I would buy TSM. It is well diversified, low cost, and tax efficient. I can control costs and allocations. TSM is one of the best equity funds for a taxable account. It does a good job of low E...
by mhc
Thu Aug 11, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Direction on a couple of early retirement questions
Replies: 5
Views: 582

Re: Direction on a couple of early retirement questions

I'll explain how I answer #1. 1. figure out how much I want to spend in retirement, not including healthcare 2. figure out where that money will come from, so I can figure my taxable income 3. go to my state's health exchange website to find my subsidy and cost of health plan 4. health plan cost + d...
by mhc
Thu Aug 11, 2016 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Index
Replies: 24
Views: 3537

Re: Total Stock Market Index

Right now your saving rate is more important. I would say keep it simple in TSM for now. Once it hits $10k start adding bonds. Then once you get your desired stock/bond split, start adding international. It really doesn't matter that much. I would say once you have saved about $20-50k, try to have a...
by mhc
Thu Aug 11, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving enough? Budget & Retirement
Replies: 8
Views: 1789

Re: Am I saving enough? Budget & Retirement

Welcome to the forum! You are 29 years away from your desired retirement age. A lot can happen in those 29 years. I would say you are saving enough, but I would recommend eliminating debt and saving as much as you comfortably can. You do not know what the future holds for you. Your expenses may go u...
by mhc
Wed Aug 10, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: okay to leave deposit on vehicle?
Replies: 30
Views: 1881

Re: okay to leave deposit on vehicle?

Personally, I would never leave a deposit. In my opinion, the dealership wants the deposit so that you will not take your business elsewhere. They want to lock you in. I'm not sure the money would legally lock in the dealership. Interesting.... I option my cars the way I want them, not the way the ...
by mhc
Wed Aug 10, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: okay to leave deposit on vehicle?
Replies: 30
Views: 1881

Re: okay to leave deposit on vehicle?

Personally, I would never leave a deposit. In my opinion, the dealership wants the deposit so that you will not take your business elsewhere. They want to lock you in. I'm not sure the money would legally lock in the dealership.
by mhc
Wed Aug 10, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Parents TOO frugal - leave it be???
Replies: 34
Views: 4016

Re: Parents TOO frugal - leave it be???

If they are happy, healthy, and safe, then let them be. It sounds like they know how to take care of themselves. I may hint to my parents (82 and 78) about how they could do things better, but if they are not interested, I let them be. They are quite capable of caring for themselves. I feel like I w...
by mhc
Fri Aug 05, 2016 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Understanding gift tax....
Replies: 11
Views: 956

Re: Understanding gift tax....

That is correct. They would have to fill out an IRS form if they exceed the annual limit, but there would be no taxes due on the gift.
by mhc
Fri Aug 05, 2016 9:41 am
Forum: Personal Consumer Issues
Topic: Bogus "sale" prices and savvy shoppers
Replies: 26
Views: 2642

Re: Bogus "sale" prices and savvy shoppers

Some credit cards will rebate the difference if you register the receipt with them. At least that is my understanding. I have never tried it.
by mhc
Thu Aug 04, 2016 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: How does a Boglehead save for child's education?
Replies: 138
Views: 9830

Re: How does a Boglehead save for child's education?

Welcome to the forum!

I plan to save for retirement, not my children's education. If all go wells, I will cash flow their college education. If I happen to be retired before they are all out of college, I will pull from investments.
by mhc
Thu Aug 04, 2016 9:35 am
Forum: Investing - Theory, News & General
Topic: How to think about non-invested $
Replies: 20
Views: 1982

Re: How think about non-invested $

I realize also that maybe I am over thinking this. If I ignore my cash accounts, I would probably think I could have a fairly aggressive investment strategy because I have such a large cash buffer -- 90/10 or 80/20. If I include my cash accounts, my allocation would end up at around the same place ...
by mhc
Thu Aug 04, 2016 9:34 am
Forum: Investing - Theory, News & General
Topic: How to think about non-invested $
Replies: 20
Views: 1982

Re: How think about non-invested $

All your assets (house, bank account, investments, human capital) are yours. They determine how much risk you are willing to take. You should look at the whole picture when determining your desired AA for your investment portfolio. Each thing you have has a risk associated with it. You have to find ...
by mhc
Tue Aug 02, 2016 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Recommendation
Replies: 8
Views: 823

Re: Vanguard Advisor Recommendation

If you eliminated the international, you may never notice it. Go with what makes you comfortable and enjoy life. The stock/bond ratio is more important.
by mhc
Tue Aug 02, 2016 12:55 pm
Forum: Personal Consumer Issues
Topic: Changing mesh screen of patio sliding door
Replies: 8
Views: 824

Re: Changing mesh screen of patio sliding door

I needed to replace a screen once. I just wanted to buy a new one and be done with it. The clerk at Home Depot basically forced me to buy the materials and equipment to do it myself. I did it. It is extremely easy. Since then I have repaired many screens on my own. I'm glad I was strong armed into d...
by mhc
Mon Jul 25, 2016 10:33 am
Forum: Investing - Theory, News & General
Topic: Buy and hold an index. You can't possibly compete with the Masters of the Universe!
Replies: 9
Views: 1461

Re: Buy and hold an index. You can't possibly compete with the Masters of the Universe!

Fortunately, I am not competing against anyone.

I ignore the daily noise, and I am on track to early retirement.

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