Search found 709 matches

by sco
Fri Apr 20, 2018 11:28 pm
Forum: Personal Consumer Issues
Topic: Buying BRK.B to save $94 annually on insurance?
Replies: 29
Views: 2860

Re: Buying BRK.B to save $94 annually on insurance?

I would hunt around for cheaper insurance first. You might be able to get a better deal elsewhere, removing the need to buy the shares. +1 I just quoted 12 different insurance companies with identical coverage selected for Home & Auto. Sorry but the lizard was the highest of them all :( Of course y...
by sco
Wed Apr 11, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2544
Views: 478100

Re: What's Your Credit Card Rewards Strategy?

Some things like utilities and phone bills, etc. just don't benefit by using something else. Phone bills get 5 UR points per dollar with my no-fee Chase Ink Cash. Redeemed for travel at 1.5cpp with my Sapphire Reserve, that's 7.5% back. My other utilities (PG&E, San Jose water) don't accept credit ...
by sco
Tue Apr 10, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2544
Views: 478100

Re: What's Your Credit Card Rewards Strategy?

...I did. I have 2 Fidelity elan visa cards at 2 % cash back. Don't use them because the benefits suck . Only keep them open because they are some of our oldest accounts. Can you elaborate? We have a Fidelity 2% CB card and use as our general purpose "cash back" card - where we don't get more cash ...
by sco
Wed Apr 04, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Random Walk on Sale
Replies: 14
Views: 1895

Re: Random Walk on Sale

you can also read kindle books online at any time.


https://www.amazon.com/CloudReader
by sco
Tue Apr 03, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 403b Investments
Replies: 5
Views: 315

Re: Changing 403b Investments

Will your overall portfolio (not just this account?) Be simplified by having a target date in this account? Look at all accounts as a whole.

Either way, this account you have is setup with really good options either way you go...
by sco
Tue Apr 03, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Home Safe vs Safety Deposit Box
Replies: 84
Views: 16795

Re: Home Safe vs Safety Deposit Box

Keep in mind nothing that you put in the SDB is insured by FDIC, it isn't a deposit.
by sco
Thu Mar 22, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: How to think about AA with company stock
Replies: 19
Views: 973

Re: How to think about AA with company stock

The day they vest, I sell mine. THen I have cash to invest and I invest it per my AA.

My AA does not include un-vested shares, future or current income streams. It is simply what I have invested.
by sco
Thu Mar 22, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6422
Views: 1377239

Re: U.S. stocks in freefall

Tallahassee International When did it become "International"? Used to be "Regional". I believe international used to mean to most people that there was an international flight. Now it just means that their is either a good marketing person, or a customs person that can be called to drive over if a ...
by sco
Thu Mar 22, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6422
Views: 1377239

Re: U.S. stocks in freefall

Dang it........already front loaded my 401k for the year :)
by sco
Mon Mar 19, 2018 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Why shouldn't I day-trade in Roth IRA and HSA investment account?
Replies: 24
Views: 1700

Re: Why shouldn't I day-trade in Roth IRA and HSA investment account?

I can't think of a worse vehicle to try to day trade in, than an HSA full of Funds..
by sco
Fri Mar 16, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: If you were to fully fund 2 Roths 22k tommorow.
Replies: 20
Views: 1408

Re: If you were to fully fund 2 Roths 22k tommorow.

Hard to say without knowing your other investments, and your desired AA. All the above suggestions are good ones.


Personally I just dump our Roth contributions into US Total Stock Market, and use my 401k to round out the bonds and international. It works because of the balance disparity.
by sco
Wed Mar 14, 2018 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Help with how to respond to CP2000.
Replies: 26
Views: 2701

Re: Help with how to respond to CP2000.

Talk to a tax attorney NOW. Before you do anything. $10k is just on the borderline of being worth hiring an attorney, but you can get advice for a small fraction of the $10k. I am 99% sure there is no issue. In fact, they have exactly mentioned my case in one of the "potential issues". They receive...
by sco
Wed Mar 14, 2018 12:38 am
Forum: Personal Finance (Not Investing)
Topic: Tax reform SALT affecting in Bay Area?
Replies: 67
Views: 9257

Re: Tax reform SALT affecting in Bay Area?

Gray wrote:
Tue Mar 13, 2018 8:26 pm
Without my mortgage interest deduction, my taxes would be much higher. The point is, under the old system, my taxes would be lower. I too am angry.
Who exactly should subsidize your decision to purchase a house?
by sco
Tue Mar 13, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Care by Volvo - what are your thoughts?
Replies: 27
Views: 2248

Re: Care by Volvo - what are your thoughts?

Where has a 4.25% local tax? So that I can make sure to never go there?
by sco
Tue Mar 13, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with how to respond to CP2000.
Replies: 26
Views: 2701

Re: Help with how to respond to CP2000.

Actually when I got one of these I made a phone call to them. Less than a 1hr phone call, the whole issue was closed out, forms were amended, etc. It all went way better than expected. I only called to gather more information on the issue.
by sco
Mon Mar 12, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 69
Views: 9450

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

You can buy the BRKB share in an Ira or 401k if allowed too.
by sco
Sun Mar 11, 2018 12:18 am
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37381

Re: What do you splurge on?

shoes. i am always looking for comfortable shoes and realize good shoes are expensive. i just bought myself a pair of Nike sneakers . I had borrowed these from a friend last week when we spent a day walking in NYC and my feet got so sore and painful - the shoes I wore were not suitable for walking ...
by sco
Wed Mar 07, 2018 1:03 am
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 69
Views: 9450

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

I have 1 stock of BRK.B to get the Geico 8% discount. I bought it few week before @ 216 for 1 share which saves 32 bucks on my 6 months of insurance on my new CRV. I will be holding this one share since then. But not planning to sell that one share. Since OP post is using the word - instead: I woul...
by sco
Mon Mar 05, 2018 7:44 am
Forum: Investing - Theory, News & General
Topic: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?
Replies: 69
Views: 9450

Re: Does Anyone Invest In Berkshire Hathaway Instead Of Index Funds?

mpsz wrote:
Sun Mar 04, 2018 10:18 pm
I hold Berkshire B-shares for the Geico car insurance discount. I do not view it as a replacement for an index fund.
I do the same, some days it tracks the total market very nicely, other days it’s doing something random. If it wasn’t for the dint, I wouldn’t have any.
by sco
Sun Mar 04, 2018 12:38 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for total market when you've invested in a start-up
Replies: 6
Views: 586

Re: Asset allocation for total market when you've invested in a start-up

I agree, assume it is worth zero.


Decide on your AA.


If at some point that risky investment is not worth Zero, reallocate it according to your AA.


Do not continue to invites in those things :)
by sco
Sat Mar 03, 2018 9:52 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37381

Re: What UN-frugal thing do you do?

timmy wrote:
Sat Mar 03, 2018 1:27 pm
Instead of logs in my fireplace, I use 100 dollar bills. I play loud music in the background. It's really quite a scene.
I put a bunch of $1 bills on the bottom, and then just one $100 on top.
by sco
Sat Mar 03, 2018 12:30 am
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4064

Re: Move to Orange County

That map makes a good point. The range is about a dollar. For a heavy driver (15000 miles a year?) with an average car (25 mpg?) the difference from least expensive to most is $600. Hardly the kind of money that should determine where to live. Would just Note that average MPG assumes that your care...
by sco
Fri Mar 02, 2018 11:59 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 37381

Re: What UN-frugal thing do you do?

Cheapest people in the world are Pilot's, not frugal but cheap....

Gotta pay for that AvGas..
by sco
Fri Mar 02, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Spending and saving - am I on it, or in for it?
Replies: 29
Views: 4507

Re: Spending and saving - am I on it, or in for it?

350k network at your age and income yearly expenses is behind. Yes, I believe that is the case. You need to rethink your Ability and NEED to take risk. At that salary level (even in Boston) you would be well suited to diversity. It would be good for you to read and try to open up your mind to altern...
by sco
Fri Mar 02, 2018 12:14 am
Forum: Personal Finance (Not Investing)
Topic: Help with GIANT interest car loan (28%)
Replies: 44
Views: 5368

Re: Help with GIANT interest car loan (28%)

Keep in mind for every person complaining about these ridiculous interest rates, there is an investor willing to offset to obvious risk.... So limit the % and you limit the loan for those that are high risk. So you cut them off, some probably a good thing, some not so much... The "buy here pay here"...
by sco
Thu Mar 01, 2018 1:11 am
Forum: Personal Consumer Issues
Topic: Anyone Cruise around South America?
Replies: 14
Views: 1630

Re: Anyone Cruise around South America?

Checkout Cruise Critic, if it is going to happen you will likely get sick the first few days. Take the pills and enjoy yourself. You will get yourself upright shortly...

Try no to overdue the Booze and/or Caffeine, and really watch it on rough sea days.
by sco
Thu Mar 01, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Help with GIANT interest car loan (28%)
Replies: 44
Views: 5368

Re: Help with GIANT interest car loan (28%)

Well, just got a call from a creditor looking for my SIL's address in reguards to a student loan. :oops: She had listed my wife as a reference. Wonder how much she owes them? Wonder what other debt she hasn't mentioned? She even told me the only debt she has is the car loan. I give up. Until she ca...
by sco
Tue Feb 27, 2018 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Doctor wants Social Security number
Replies: 83
Views: 12561

Re: Doctor wants Social Security number

Given the number of other issues my doctors office seem to have making appointments and doing other basic tasks, I have no doubt that IT security isn't even on their radar.
by sco
Mon Feb 26, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: keeping track of basis for a small investment
Replies: 10
Views: 347

Re: keeping track of basis for a small investment

So Purely from a procession standpoint, some things to think about. A. The account is under her name, it is her money, she pays taxes gets statements. This could be problematic, given the backstory. You are just admin of the account for her. She would then be able to use a Roth, etc which would be p...
by sco
Sun Feb 25, 2018 12:44 am
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3525

Re: Financial proposal from Adviser

Did his original computations INCLUDE all the loads and fees from the their funds as well as his costs? Ask him what the number would be with those expenses included. I bet his original numbers did not include them. It says "Charges and Fees" on an initial 200K investment is $3,500. But it doesn't ...
by sco
Sun Feb 25, 2018 12:39 am
Forum: Personal Consumer Issues
Topic: Harbor Freight fold-able trailer
Replies: 22
Views: 3136

Re: Harbor Freight fold-able trailer

It depends what you are buying, and whether it is a one time thing or a commodity.. For instance, their Red Rolling Tools checks are awesome (The Black ones suck).. They aren't a Snap On, but for the price, and for a non-professional mechanic they are great. Zip Ties, weird sized hex, torx, wrenches...
by sco
Sat Feb 24, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: Auto insurance damage claim
Replies: 58
Views: 3006

Re: Auto insurance damage claim

steadyhand wrote:
Thu Feb 22, 2018 3:57 pm
Thanks for your reply. The issue I have is that hail damage on a used-car should not be the same on a new car.
It isn't the same, but you didn't fix the damage.


This is how insurance works.
by sco
Sat Feb 24, 2018 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Refund? Not so fast! [Tax refund]
Replies: 30
Views: 2890

Re: Refund? Not so fast! [Tax refund]

Actually, the IRS did *not* select TaxSlayer. At the most recent bidding process in 2015, the IRS awarded the contract to TaxWise for the next five years. However, TaxSlayer filed a protest with the government saying that their product met all technical specs and was the lower priced option. GAO fi...
by sco
Sat Feb 24, 2018 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 90
Views: 9287

Re: Just had our offer accepted on a $1.4 Million House

Actually there are a lot of people with the belief that owning a home is somehow a magical investment, and renting is "throwing money away"... See it all the time.

Being in medicine isn't somehow a shield to these beliefs...
by sco
Sat Feb 24, 2018 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 90
Views: 9287

Re: Just had our offer accepted on a $1.4 Million House

Real estate in California is very specific. Some places in California has not recover from 2005. I personally thought $1.4M is cheap. I’ve been looking for a starter home for one of my kids, can’t find anything decent for a starter home less than $800k, she’s in LA, but the beach area. OP has incom...
by sco
Sat Feb 24, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 90
Views: 9287

Re: Just had our offer accepted on a $1.4 Million House

Real estate in California is very specific. Some places in California has not recover from 2005. I personally thought $1.4M is cheap. I’ve been looking for a starter home for one of my kids, can’t find anything decent for a starter home less than $800k, she’s in LA, but the beach area. OP has incom...
by sco
Thu Feb 22, 2018 11:25 pm
Forum: Personal Consumer Issues
Topic: Boglehead Flashlight?
Replies: 65
Views: 5197

Re: Boglehead Flashlight?

chedv wrote:
Thu Feb 22, 2018 10:52 pm
Anker LC40. $12.99 on Amazon. I have around 10. Better and cheaper than my led mag lites. Uses aaa batteries.

https://www.amazon.com/Anker-Flashlight ... B01G8E3T4K
Man I like those for something a little less bright.
by sco
Thu Feb 22, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: Boglehead Flashlight?
Replies: 65
Views: 5197

Re: Boglehead Flashlight?

Some good suggestions in this thread. Here is what I picked. $26 on Amazon, and recharging is easy. It goes a long time on a charge, and is bright enough to do eye damage for a while if that is desirable. Anker Super Bright Tactical Flashlight, Rechargeable (18650 Battery Included), Zoomable, IP65 W...
by sco
Tue Feb 20, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Married Filing Separately - Roth IRA oops
Replies: 13
Views: 799

Re: Married Filing Separately - Roth IRA oops

How much extra in Tax are you paying this year filing this way? What is that x 20?
by sco
Tue Feb 20, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9872

Re: Do you wear a wedding band? [at a job interview]

When I did wore one, I only took it off when doing something that would damage it or me if I was wearing it.. Manual labor, machinery, etc.

It actually got smashed a bit once, and now I don't wear it every. (Wife doesn't care)
by sco
Thu Feb 15, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 34
Views: 3877

Re: Should I sell some of my Berkshire stock

I have 1 share for the Geico discount, it is amazing how close it tracks the index
by sco
Sat Feb 10, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: 529 plan seasoning?
Replies: 4
Views: 449

Re: 529 plan seasoning?

Do funds have to be in a 529 plan for a certain amount of time before they can be used. Now that they can be used for K-12, we have been getting questions from parents at private schools if they can contribute now for next year. Unless plan rules dictate otherwise, you can contribute now for next w...
by sco
Tue Feb 06, 2018 9:29 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5904

Re: New car - how much can we afford?

Only reason depreciation would matter is if you sell it, intentionally or otherwise. For example, wreck the car on day 2 and cry at what the insurance payout is :) Emergence of self-driving car fleets in 5-10 years may cause a lot of us to rethink personal car ownership. When 95% of city dwellers g...
by sco
Tue Feb 06, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: New car - how much can we afford?
Replies: 78
Views: 5904

Re: New car - how much can we afford?

Only reason depreciation would matter is if you sell it, intentionally or otherwise. For example, wreck the car on day 2 and cry at what the insurance payout is :)
by sco
Wed Jan 31, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Opportunity to buy company stock at a discount
Replies: 30
Views: 1728

Re: Opportunity to buy company stock at a discount

I wouldn't bother. I have friends that have worked at places that allowed a 15% discount, you could defer 90% of your salary. YOu could sell within 1 day of purchase, they held your $$$ and only purchased once a quarter. This was a no brainer. For $900 a year I don't feel the upside outweighs the do...
by sco
Mon Jan 29, 2018 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Unclear how to incorporate company pension into my asset allocation
Replies: 20
Views: 1452

Re: Unclear how to incorporate company pension into my asset allocation

I just don’t think the upside outweights the downside risks. Just me personally, but 0% cash is just fine for the investment portfolio. That wouldn’t be the case right before or during retirement.. Maybe we're in basic agreement. I agree that some cash is more of a benefit or necessity closer-in to...
by sco
Sun Jan 28, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Unclear how to incorporate company pension into my asset allocation
Replies: 20
Views: 1452

Re: Unclear how to incorporate company pension into my asset allocation

I just don’t think the upside outweights the downside risks. Just me personally, but 0% cash is just fine for the investment portfolio. That wouldn’t be the case right before or during retirement..