Search found 2404 matches

by rob
Wed May 25, 2016 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Can I still contribute to a 401k if I no longer work for the company?
Replies: 11
Views: 800

Re: Can I still contribute to a 401k if I no longer work for the company?

A few issues in here.... - You can rollover to an IRA within a brokerage account and still own shares in any listed company. For this statement to be true, the plan must allow in-kind distributions. Most plans that I have encountered are written to only allow cash distributions, so the account woul...
by rob
Wed May 25, 2016 10:08 am
Forum: Investing - Theory, News & General
Topic: This Bull Seems to be Getting Pretty Long In the Tooth
Replies: 40
Views: 3158

Re: This Bull Seems to be Getting Pretty Long In the Tooth

Sure... but I'm doing nothing about it other than to re-balance. I'm not smart enough to know when to jump out and get back in again...... and I'm not alone even those who THINK they are smart enough to time the market.
by rob
Wed May 25, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4578

Re: Need Moral Support for FA Breakup!

Jack FFR1846 wrote:Tell him that you really like his BMW and so next year, you're going to use your money to buy yourself one instead of using your money to buy him another one.

This!
by rob
Wed May 25, 2016 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Can I still contribute to a 401k if I no longer work for the company?
Replies: 11
Views: 800

Re: Can I still contribute to a 401k if I no longer work for the company?

A few issues in here.... - Your contributions are always 100% vested. - The employer match usually vests over time but if you have left, your not going to get those no matter how long you wait. - You can rollover to an IRA within a brokerage account and still own shares in any listed company. - Thin...
by rob
Tue May 24, 2016 3:54 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on trips/vacations?
Replies: 65
Views: 3751

Re: How much do you spend on trips/vacations?

For me; it's been all over the map (pun intended - sorry but I never said it was a good one) depending on the stage of life..... I spent some time on the road with no fixed abode or job (some part time stuff at times when I needed some beer money)... so well north of 100% down to nothing more than a...
by rob
Mon May 23, 2016 2:37 pm
Forum: Investing - Theory, News & General
Topic: "Can Anything Stop Vanguard?"
Replies: 50
Views: 7246

Re: "Can Anything Stop Vanguard?"

Their website is not as fancy as Fidelity's, but do you need all those fancy functionalities with the BH approach? Yes... Most of what I have an issue with is hardly "fancy". - Tracking of specific tax lots is a basic function at most places - It's somewhere between a nightmare and a joke...
by rob
Fri May 20, 2016 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Due Date
Replies: 16
Views: 1485

Re: Credit Card Due Date

I would do a day or two after mid month - so credit cards mid month pay and rent end of month pay.... then setup auto 100% pay on the credit cards so you get the full float and no chance of missing a payment.
by rob
Wed May 18, 2016 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Signing Bonus -- possible to negotiate to minimize taxes?
Replies: 23
Views: 1559

Re: Signing Bonus -- possible to negotiate to minimize taxes?

I have no idea if they would do this but stock options payable in 2 years might be an option.
by rob
Wed May 18, 2016 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Getting married and how to quit my job. This is follow-up post earlier post
Replies: 16
Views: 1539

Re: Getting married and how to quit my job. This is follow-up post earlier post

Didn't read the other long post but just do it in writing and be prepared to finish the day you had in your notice. The paperwork is just clear and needs no explanation. If you want to give them a reason while talking just say your taking time off. I'm not seeing the dilemma - have fun and congrats ...
by rob
Tue May 17, 2016 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is it common for a step mother to inherit everything?
Replies: 105
Views: 7648

Re: Is it common for a step mother to inherit everything?

While we generally don't recommend joint ownership or naming beneficiaries for large accounts and in large estates What's the rationale behind this part? Do you mind expanding on some reasons? I would have expected it to be critical for larger accounts - to avoid probate.... or are you implying it ...
by rob
Tue May 17, 2016 4:23 pm
Forum: Investing - Theory, News & General
Topic: The inventor of the 401(k) says he created a ‘monster’
Replies: 28
Views: 4651

Re: The inventor of the 401(k) says he created a ‘monster’

Tamales wrote:What if it turns out you are able to retire early, but for all that money locked up in a 401k under penalty ;o)

It's not locked?? SEPP will unlock without penalty (although you have to jump thru the right hoops).
by rob
Mon May 16, 2016 5:52 pm
Forum: Investing - Theory, News & General
Topic: The inventor of the 401(k) says he created a ‘monster’
Replies: 28
Views: 4651

Re: The inventor of the 401(k) says he created a ‘monster’

While people on this board have no doubt taken advantage... for the general population it's hard to disagree. Fees as far as the eye cannot see, hidden under complex high cost funds and the worst part - the pushing of the responsibility of a revenue stream at retirement from the plan to the individu...
by rob
Mon May 16, 2016 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Hiring kids to jumpstart their Roth IRAs
Replies: 13
Views: 1461

Re: Hiring kids to jumpstart their Roth IRAs

Lots of people seem to do it and get away with it..... It should be income (with relevant taxes) that is in line with the duties performed - you have to make sure it's not determined to be income shifting to the minor. I don't see how most of the hiring little kids passes the sniff test personally.....
by rob
Fri May 13, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain to me how Term life is a better choice than WLI.
Replies: 69
Views: 5747

Re: Can someone explain to me how Term life is a better choice than WLI.

Lots of more correct answers above but ask them how much they get paid as a sales commission if you take out WL and then as how much they get paid if you take out Term.... You think the insurance company pays them differently for no reason.
by rob
Fri May 13, 2016 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: paid off mortgage...what happens next?
Replies: 19
Views: 3143

Re: paid off mortgage...what happens next?

If you were escrow before on your insurance and property tax remember you have to pay now. Change the local tax records to remove the mortgage company and send you the only bill. As above also have the insurance company remove the mortgage company. Not sure how long it is lasting since your selling ...
by rob
Thu May 12, 2016 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: [Fidelity drops AmEx, Bank of America credit cards]
Replies: 160
Views: 18261

Re: [Fidelity drops AmEx, Bank of America credit cards]

I'm pretty annoyed as I had a Fido Mastercasrd and Amex, so assume both will be converted to visa... I already have Visa. I'm also away when they will send out new cards. Now I have to go an get a mastercard and/or amex as I always want a choice of networks :twisted:
by rob
Mon May 09, 2016 1:45 pm
Forum: Personal Consumer Issues
Topic: Wine Buying, Rating, Storage Guides and Apps
Replies: 26
Views: 1771

Re: Wine Buying, Rating, Storage Guides and Apps

Also, watch the movie Somm, which is a documentary about some young guys seeking their master sommelier certification. You can get it on Netflix. There is also "somm:Into the bottle" on netflix that is more about the wines & locations and less about the certification process. I watche...
by rob
Sun May 08, 2016 8:31 pm
Forum: Personal Consumer Issues
Topic: Wine Buying, Rating, Storage Guides and Apps
Replies: 26
Views: 1771

Re: Wine Buying, Rating, Storage Guides and Apps

I'm going to go against most of the replies.... Just grab some bottles from a smattering of regions and styles. When you find one you like, buy some more from that area. I have had wines high on the various ratings that TO ME were meh yet some way below the best ratings taste great to me. I have lon...
by rob
Sun May 08, 2016 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: regular vs tax managed
Replies: 8
Views: 728

Re: regular vs tax managed

From someone who bought that line of BS from Vanguard - Stay away from the TM funds... Vanguard is NOT committed to long-term investment objectives and the sands will change under your feet. My time over again, I would buy State Street ETF's in taxable and leave the Vanguard funds to tax-deferred.
by rob
Sat May 07, 2016 6:43 pm
Forum: Personal Consumer Issues
Topic: Kids gadget usage restrictions
Replies: 7
Views: 647

Re: Kids gadget usage restrictions

Get a decent router and look at some more advanced firmware (e.g. tomato).... Create a different name for the kids and time limit it. Most of the devices kids use are useless without wifi.
by rob
Sat May 07, 2016 6:37 pm
Forum: Personal Consumer Issues
Topic: Has your workplace transitioned to "open/collaborative space?"
Replies: 51
Views: 4165

Re: Has your workplace transitioned to "open/collaborative space?"

Yeah it's all the rage again like the late 80's. I love how most people have headphones stuffed in their ears because that adds to productivity and communication :-/ Bottom line and it's not trendy, technical work needs some quite time to concentrate (get into the zone if you like the buzz word crap...
by rob
Wed May 04, 2016 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Use 529 or cash first?
Replies: 22
Views: 1360

Re: Use 529 or cash first?

If you have other children that could use the 529 if you son drops out after the first year say.... then I would use cash. If an only child I would use the 529 first because non-qualifying withdrawals from a 529 gets a penalty. The point above about not been too stock heavy is a good point to keep i...
by rob
Tue May 03, 2016 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Recruiters reaching out with larger salary, how to ask for a raise at current job
Replies: 31
Views: 4227

Re: Recruiters reaching out with larger salary, how to ask for a raise at current job

JeffAL wrote:You can't. Prepare to leave.

This.... Land one of those jobs and move on.
by rob
Tue May 03, 2016 6:05 pm
Forum: Personal Consumer Issues
Topic: Sci-Fi ... your favorite movies and episodes??
Replies: 145
Views: 11963

Re: Sci-Fi ... your favorite movies and episodes??

In no specific order..... Here are the best ones that come to mind (okay, you might have guesses I might just be a sci-fi fan :D ).... Firefly Babylon 5 Crusade (it's a good solid B5 spin off) Dr Who (old and new) Blakes 7 is brilliant (it's hard to find in the US but well worth the effort) Dune (a ...
by rob
Tue May 03, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Sue your employer over 401k
Replies: 26
Views: 3477

Re: Sue your employer over 401k

But some employees go one step further — taking their employers to court. They allege that their retirement preparedness was compromised because of the company's poor management of their 401(k) plan. Don't like your employers benefits? Find a new employer. Pretty sure that filing a lawsuit would ca...
by rob
Tue May 03, 2016 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Investment Fee's [too high?]
Replies: 60
Views: 4434

Re: Investment Fee's [too high?]

What do you intend to discuss with your advisor? Thanks for your reply...I just told him last week I wanted a meeting and then he emailed me today asking what I wanted to talk about so he could be prepared to answer questions...I told him "to go over my account statements and explain them to m...
by rob
Mon May 02, 2016 8:48 pm
Forum: Personal Consumer Issues
Topic: Wine Purchase Question
Replies: 32
Views: 2143

Re: Wine Purchase Question

From the sounds of it this group probably has several wine snobs. Put the cheapest wine in a nice carafe and 99% of the time they will not know the difference. IMO wine is a personal thing.... I love some cheap wine and I hate some expensive wine. Costco has a lot of great options for $10-$12... Ju...
by rob
Mon May 02, 2016 7:44 pm
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 133
Views: 18631

Re: I bought the wrong car - know it after 15 days

Car seats are part of the safety system. Do not swap them for aftermarket seats. A number of after market seats are SAFER than OEM products - in fact a lot of sports car companies use these products instead of building their own seats, not sure why you classify them all as bad. It's all irrelevant ...
by rob
Mon May 02, 2016 6:37 pm
Forum: Personal Consumer Issues
Topic: I bought the wrong car - know it after 15 days
Replies: 133
Views: 18631

Re: I bought the wrong car - know it after 15 days

Is it ONLY the seats - not the car? You can buy after market seats far less that the haircut you would take on swapping cars..... Have you thought about trying some of those and have someone retro fit them to the car?
by rob
Fri Apr 29, 2016 11:35 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 115
Views: 7110

Re: So, are Bogleheads Bourbon or Scotch drinkers?

what should I buy to get started (scotch and bourbon, and rum)? Run down the a good shop and grab some of those single little bottles...... For a few bucks each you will get an idea of what you like without wasting too much (stuff or dollars). When you get an idea, then try some variations of what ...
by rob
Fri Apr 29, 2016 9:16 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 115
Views: 7110

Re: So, are Bogleheads Bourbon or Scotch drinkers?

Used to be Bourbon but more Scotch now days... I guess I'm an old curmudgeon now :D
by rob
Thu Apr 28, 2016 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Saving Too Much in Retirement Accounts?
Replies: 35
Views: 4808

Re: Saving Too Much in Retirement Accounts?

Make sure your not missing out on any match by maxing early in the year - sometime they match by paycheck and you miss out when you contribute zero for the 2nd part of the year.
by rob
Wed Apr 27, 2016 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investing after tax dollars
Replies: 5
Views: 584

Re: Investing after tax dollars

Buy ONLY tax efficient funds - total mkt, s&p500 etc.
Rebalance elsewhere.
Tax loss harvest when possible.
No real avoidance but cap gains can be 0% if your in a low tax bracket.
by rob
Wed Apr 27, 2016 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: How many financial accounts to maintain?
Replies: 30
Views: 2900

Re: How many financial accounts to maintain?

My hats off to you guys with a handful of accounts - we have a stack. Just in the investment part we each have 3 IRA's, her 403B, my 401k and some brokerage accts due to stock options at different places, some utma's and some 529 plans. Rebalancing is a giant pita and we have overlapping funds all o...
by rob
Wed Apr 27, 2016 1:44 pm
Forum: Personal Consumer Issues
Topic: Buy used or new? Which of these small SUVs are best for families?
Replies: 39
Views: 2961

Re: Buy used or new? Which of these small SUVs are best for families?

I've driven all of those on your list and far prefer the Mazda... but it's all personal preference, so not sure what that adds. A minivan is far far easier with kids.
by rob
Wed Apr 27, 2016 11:11 am
Forum: Personal Consumer Issues
Topic: Who's used Extended Stay hotels?
Replies: 27
Views: 2376

Re: Who's used Extended Stay hotels?

btenny wrote:Rob why don't you use your cellphone as a hot spot?

4G ~ 10Mbps (usually 1/2 of that from a hotel room) vs. WiFi (802.11n) ~ 300Mbps (long-stay places I use tend to be in the 150+ range) :D
by rob
Tue Apr 26, 2016 10:04 pm
Forum: Personal Consumer Issues
Topic: Who's used Extended Stay hotels?
Replies: 27
Views: 2376

Re: Who's used Extended Stay hotels?

My question is unless you plan to cook your meals in the room, why not just use a standard hotel? For me I'm traveling for a few days each week so it's the space and having some place where I don't have to see my luggage :D. These places have a couch with tv so I can relax, order takeaway, do some ...
by rob
Tue Apr 26, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Just a nice girl trying to rebalance on my own.
Replies: 7
Views: 1500

Re: Just a nice girl trying to rebalance on my own.

It's easy to move from 80 to 90 in a generally up market in the last few years (even the drops have been short)..... Have a look at some past figures and see how much it can drop and for how long... are you sure you would stay with the same allocation if it dropped x%. Convert that percent to dollar...
by rob
Mon Apr 25, 2016 7:58 pm
Forum: Personal Consumer Issues
Topic: Best drill/driver for home use
Replies: 67
Views: 4422

Re: Best drill/driver for home use

I love the impact drills for screwing in screws, but you need a regular drill for making holes.
by rob
Mon Apr 25, 2016 7:52 pm
Forum: Personal Consumer Issues
Topic: Who's used Extended Stay hotels?
Replies: 27
Views: 2376

Re: Who's used Extended Stay hotels?

I've stayed at a number and the best one was Residence Inn (I think it's one of the Marriott brands).... They are all pretty much the same - but I find them better than regular hotel even for a few days.
by rob
Mon Apr 25, 2016 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 82
Views: 5706

Re: Why have a formal budget?

I never have and still don't but it does help knowing expenses when projecting retirement income needs. I still don't do a budget but I have a spreadsheet of rough expenses just so I could get to an income guess [I actually have a pair of numbers - basic needs and then a preferred one]..... it's jus...
by rob
Mon Apr 25, 2016 4:09 pm
Forum: Personal Consumer Issues
Topic: Off to Australia - need advice
Replies: 49
Views: 3201

Re: Off to Australia - need advice

That's a whirlwind tour..... I would think seriously about cutting down the destinations :shock: A week in Sydney and surrounding would make a decently paced trip.
by rob
Mon Apr 25, 2016 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Dealing with the "waiting game"
Replies: 32
Views: 4545

Re: Dealing with the "waiting game"

If you like the plan leave it alone and get a non-financial hobby. Okay, they are at odds a little but a cost controlled hobby might be your best financial plan if it stops you tinkering with portfolio :D
by rob
Mon Apr 25, 2016 11:19 am
Forum: Personal Consumer Issues
Topic: PhD gift ideas
Replies: 17
Views: 972

Re: PhD gift ideas

Kosmo wrote:What about some trinket of history from the specific time period he's studying?

I think this is a great idea - even if you have to do a well made repro if his area is expensive.
by rob
Mon Apr 25, 2016 8:56 am
Forum: Personal Consumer Issues
Topic: Silly things you can do with your Apple Watch
Replies: 7
Views: 1215

Re: Silly things you can do with your Apple Watch

I hear some people use it to tell the time :D

Does not seem up to the expected Apple standards. I don't see the point of a tiny screen for much.... reminders from calendar, fitness usages, Unlocking your car maybe.
by rob
Sun Apr 24, 2016 4:00 pm
Forum: Personal Consumer Issues
Topic: Pros/Cons of Condo Living?
Replies: 43
Views: 4249

Re: Pros/Cons of Condo Living?

Steelersfan wrote:I live in and am a board member in our 44 unit condo.

This has been my worst experience with condo's..... I know people get great groups of board members but some - like my experience - are just power hungry fruit cakes.
by rob
Fri Apr 22, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401K
Replies: 12
Views: 761

Re: Roth 401K

You will still be able to contribute to the Roth 401K regardless of income..... although as above, it might or might not be the best plan based on your tax rate. There is some benefit in my view to tax diversification, so that might come into this.
by rob
Fri Apr 22, 2016 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Got laid off, when can I file for unemployment?
Replies: 44
Views: 4827

Re: Got laid off, when can I file for unemployment?

JD2775 wrote:This may be a stupid question....

But say you have 150k in a 401k, can you really just roll that into a existing/new IRA account? Does the $5500 limits not apply in that situation?

Rollovers don't count against the annual contribution limits.
by rob
Fri Apr 22, 2016 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Good source of taxes by state in Retirement?
Replies: 7
Views: 1044

Good source of taxes by state in Retirement?

I see lots of sites that purport to show this info BUT none I can find have the bottom line info I'm looking for. Some states don't tax social security, some exclude RMD's from IRA's, some add a use or other taxes, some have certain exclusions for >65 years etc etc The real calc would need a fair bi...
by rob
Fri Apr 22, 2016 11:19 am
Forum: Investing - Theory, News & General
Topic: James Dale Davidson's prediction of 2016 collapse
Replies: 42
Views: 4129

Re: James Dale Davidson's prediction of 2016 collapse

No but I have a magic 8 ball and I put more faith in it than so called market timing experts.

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