Search found 465 matches

by sco
Fri May 19, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Using Plastiq?
Replies: 31
Views: 5527

Re: Using Plastiq?

Please PM me as well...
by sco
Fri May 19, 2017 12:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 906638

Re: U.S. stocks in freefall

Artisan wrote:a 1.5% decline is a freefall? LOL..

Transferred funds to Vanguard today.

Purchasing more VTSAX and VTIAX tomorrow.

Thanks Jack Bogle.



Seriously, 1-2% is an event???
by sco
Thu May 18, 2017 11:34 pm
Forum: Personal Consumer Issues
Topic: Death in family a week before cruise
Replies: 30
Views: 3431

Re: Death in family a week before cruise

My opinion. This is your wife decision, on how she is comfortable proceeding... You can check on the money related options, once she decides... Worst case you don't get a refund/vacation out of it... If you take a lot of vacations, I am sure that you are better off in the long run anyway, although i...
by sco
Wed May 17, 2017 8:13 am
Forum: Investing - Help with Personal Investments
Topic: how do you invest your HSA
Replies: 39
Views: 3122

Re: how do you invest your HSA

I keep minimal cash, $6k in a balanced fund, and then only buy the S&P 500 moving forward. This allows me to always sell $6k without running afoul of the buy/sell restriction within 30 days.
by sco
Mon May 15, 2017 11:22 pm
Forum: Personal Consumer Issues
Topic: Cars: Expense or Asset?
Replies: 84
Views: 4457

Re: Cars: Expense or Asset?

However, outside of people on this forum, including your family & friends, how many people do you know that buy and drive the same car for 15 years? I would say 1/3 buy and hold the cars. another 1/3 buy the cheapest POS they can find (that already has problems), and another 1/3 turn in a new c...
by sco
Fri May 12, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why do certain employers make you wait a year to contribute to 401k?
Replies: 43
Views: 6645

Re: Why do certain employers make you wait a year to contribute to 401k?

If seen them make you wait a year if you are under 25. Or wait a year for vesting...

My son had one place that he couldn't contribute because he was not yet 21...
by sco
Sat May 06, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Swing Set 2700.00??
Replies: 35
Views: 3152

Re: Swing Set 2700.00??

No kid users these more than a few years, in my opionion? Buy a lightly used one and move it in an afternoon.. let the other guy take the hit. I bought a $175 one that was $2000 4 years earlier. I replaced a $100 slide on it...

5-6 years later I sold it when it was no longer used.. $200
by sco
Wed May 03, 2017 12:36 am
Forum: Investing - Help with Personal Investments
Topic: 401k administrator requiring net worth
Replies: 40
Views: 2697

Re: 401k administrator requiring net worth

There are a lot of ways to calculate a lot of that stuff, and a lot of questions that they don't always explain...

Income, GROSS, AGI, MAGI, Net, before or After Bonus, Primary job, Alimony +-, etc...
Apply this to every line and put in whatever you feel is correct...
by sco
Tue May 02, 2017 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 4362

Re: Banking in Marriage

I get having separate spending accounts. but we don't do that. Everything goes into 1 account, it gets divided up and bills paid about every 2 weeks. We spend out of that account.. This works well when you start early in life, nobody has anything of value, and neither one make much money early on :)...
by sco
Sun Apr 30, 2017 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help with bond fund choices for a 401a plan.
Replies: 12
Views: 767

Re: Help with bond fund choices for a 401a plan.

Hi, Here is the complete list including net and gross expense ratios. I am still thinking PTRQX. Agree or disagree? Why? Thank you! https://i.imgur.com/lT8YvKX.jpg What is up with those Target Date Gross ER's? I know one pays the Net not the Gross but some are >4.5% Gross and some are ~0.6% Gross. ...
by sco
Fri Apr 21, 2017 11:19 pm
Forum: Personal Consumer Issues
Topic: Booking united award tickets with 2 accounts
Replies: 13
Views: 1416

Re: Booking united award tickets with 2 accounts

You can't Beat United.....
by sco
Fri Apr 21, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Help on retirement funding
Replies: 2
Views: 589

Re: Help on retirement funding

Have you considered just using one or two index funds, in addition to the TIPS? Perhaps a balanced Index fund with a 60/40% mix.
by sco
Tue Apr 18, 2017 11:34 pm
Forum: Personal Consumer Issues
Topic: You can never go "home" - retirement
Replies: 85
Views: 12510

Re: You can never go "home" - retirement

Dup!!
by sco
Tue Apr 18, 2017 11:34 pm
Forum: Personal Consumer Issues
Topic: You can never go "home" - retirement
Replies: 85
Views: 12510

Re: You can never go "home" - retirement

Nope...

I want to see different things...

I always have made sure that my kids have seen and experienced many other places, for better or for worse...
by sco
Sat Apr 08, 2017 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Front-end loads
Replies: 21
Views: 1857

Re: Front-end loads

In my short stint at Edward Jones I had an Oppenheimer fund with a 5.75% front sales load, a 2.05% ER a .25% 12b-1 fee and a .25% back end sales charge. That was an eye opener. Death by fee. :annoyed In their defense, I am sure that their expertise earned you far more than that 8.3% fee the first y...
by sco
Fri Apr 07, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 6725

Re: Cost of Booze on a Cruise

For anyone interested, google "Rum Runners"
by sco
Thu Apr 06, 2017 11:12 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 144
Views: 13976

Re: Social Security for Millennials

wolf359 wrote:It is a critical system.


Only because it was created and we all have been told such.....
by sco
Thu Apr 06, 2017 11:10 pm
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 6725

Re: Cost of Booze on a Cruise

Google "Rum Runners" Put them in the bags and hope for the best... our last cruise on Norwegian we got the included drinks, it was good, because it "cost" us a $200 discount across a 7 day cruise. When onboard an alaska cruise, they charged for good coffee, hot choc and booze ($7...
by sco
Thu Apr 06, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: Where to live in Kansas City, student at UMKC
Replies: 10
Views: 1148

Re: Where to live in Kansas City, student at UMKC

I would look around Brookside or Waldo. They are close to campus and fairly affordable and safe, and it has a great neighborhood feel. The plaza area would also be location she should consider that is also relatively safe. Generally speaking, I would stay west of Troost. But, but...Arthur Bryant's ...
by sco
Wed Apr 05, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 6942

Re: Considering new approach to credit card churning

I'd be interested as well.
by sco
Wed Apr 05, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Best Online Banking for Youngster
Replies: 19
Views: 1361

Re: Best Online Banking for Youngster

Ally and Capital One 360 are the two recommended here most often. I can vouch for CapitalOne 360. Gasdoc Capital One 360 has some nice features that I have found usefull for teenagers. If you have an account you can view your accounts, and theirs. You can also move money between as needed. You can ...
by sco
Mon Apr 03, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Edward jones to vanguard?
Replies: 19
Views: 1744

Re: Edward jones to vanguard?

I find it odd that Edward Jones, Ameriprise, and the like, are considered the anti-Christ, but then people turn around and say, "Well, of course you can go with Vanguard, who offers a .3% management fee...." Isn't it the AUM model that's broken; not that X company charges .5%, while Y com...
by sco
Sun Apr 02, 2017 9:56 pm
Forum: Investing - Theory, News & General
Topic: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash
Replies: 33
Views: 4293

Re: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash

I didn't count, but I can't imagine that I've called them more than twice... Ever...

I've emailed a few times, most of the time I simply don't need a timely answer and an email is sufficient...
by sco
Fri Mar 31, 2017 11:20 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 187
Views: 26129

Re: John Bogle on international

I love John Bogle and respect him hugely. But I will just point out that he changes his opinion on this very subject through the years. IIRC, he was a guest on Wall Street Week back in the 1990's and he recommended 50% international. NibbanaBanana: I believe your memory might be mistaken for two re...
by sco
Fri Mar 31, 2017 10:43 pm
Forum: Investing - Theory, News & General
Topic: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash
Replies: 33
Views: 4293

Re: Article--Vanguard's customer service takes a hit as it receives epic inflows of cash

On the other hand, there are few economies of scale to reach at this point to benefit the investors. Absolutely. When your paying maybe 10 basis points ( or less ) for your accounts to be managed there isn't much room to improve on that, but there are always ways to muck it up, customer service bei...
by sco
Fri Mar 31, 2017 12:37 am
Forum: Personal Finance (Not Investing)
Topic: An Edward Jones Financial Advisor stopped by my house and spoke with my wife
Replies: 111
Views: 11958

Re: An Edward Jones Financial Advisor stopped by my house and spoke with my wife

For people with the interest to learn about investing, certainly there are much better options than EJ. But many people out there have no interest in investing, to learn about it, to do it themselves... even when we all know how simple it can be. For all of those people out there, using EJ is bette...
by sco
Thu Mar 30, 2017 12:34 am
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think about Aspiration?
Replies: 12
Views: 1014

Re: What do Bogleheads think about Aspiration?

You are attempting to invest based upon feelings....

You'd be better off (as would any causes that you support), if you invest broad based in the entire market. And then focus your efforts and any donations to whatever causes that you prefer....
by sco
Thu Mar 30, 2017 12:32 am
Forum: Investing - Help with Personal Investments
Topic: starting a roth IRA with Ameriprise
Replies: 11
Views: 722

Re: starting a roth IRA with Ameriprise

Please don't, you will thank your future self...
by sco
Tue Mar 28, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?
Replies: 33
Views: 2923

Re: Parents offering to invest $300,000 in my name as graduation gift; initial thought is to invest in a house?

House is not a well diversity investment, and frankly a pain. 300k of a low cost index fund would be far more appealing..
by sco
Mon Mar 27, 2017 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Child Planning Checklist
Replies: 42
Views: 3053

Re: Child Planning Checklist

And, our babies slept right through the noise and din. I can't remember who advised us to just carry on normal activities, but it worked for us. Do this, most people don't figure this out until the 2nd kid.. (When the 1st kid is on their own schedule).... Baby will adapt quickly, and be a much bett...
by sco
Mon Mar 27, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Rollover or not?
Replies: 3
Views: 457

Re: Rollover or not?

Is it really 6.5% to her, or 6.5% returns to the fund, then minus the expenses, etc, etc?


6.5% would be awesome, if it was true..
by sco
Sat Mar 25, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance?
Replies: 20
Views: 1678

Re: How much life insurance?

IF you buy now.. THink about the term as well. 20 years, 25 30? How long until you don't have that major expense drain, sorry children? Wlil you be comfortable retiring without life insurance? Lock in a long term rate, as much as you think you need. and don't be afraid to add more/cancel more as nee...
by sco
Sat Mar 25, 2017 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

^ SCO, Nonetheless, there are very specific laws that DO cover the uniqueness of 401k's. Another case in point that might clarify as well. I find in the interesting that when you're in the RMD stage of investing, there are very clear rules on what you must do as you take money out of your accounts....
by sco
Fri Mar 24, 2017 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

This has been posted frequently. There is nothing in the IRS regulations regarding 401(k), 529, or HSA holdings being involved with wash sales. Only IRAs are mentioned, along with spousal accounts. Understood... just not sure what the penalty is outside of a wash sale if one wants to follow the let...
by sco
Fri Mar 24, 2017 11:06 pm
Forum: Personal Consumer Issues
Topic: Help Overcoming a Lead Paint Phobia
Replies: 32
Views: 2420

Re: Help Overcoming a Lead Paint Phobia

How old of a place? And where?
by sco
Fri Mar 24, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: Where to live in Kansas City, student at UMKC
Replies: 10
Views: 1148

Re: Where to live in Kansas City, student at UMKC

Beware of the KCMO earnings tax (1%)

:)
by sco
Fri Mar 24, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

I appreciate the clarity that several of these posts have provided. What's the saying "Sometimes you can't see the forest for the Trees.." I think I will follow the letter of the law on this one. I do a single annual contribution to Roth IRA. If it looks like there is a TLH chance, I'll ju...
by sco
Thu Mar 23, 2017 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

The op certainly doesn't want be the first of anything with the IRS...

Thanks for pointing out the TLH documented, I had read it a while back but it made more sense this time around.
by sco
Thu Mar 23, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

This has been posted frequently. There is nothing in the IRS regulations regarding 401(k), 529, or HSA holdings being involved with wash sales. Only IRAs are mentioned, along with spousal accounts. Understood... just not sure what the penalty is outside of a wash sale if one wants to follow the let...
by sco
Thu Mar 23, 2017 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

sco, If you can only hold one fund in the taxable account and your goal is TLH, you should keep your small cap fund in the taxable account. It is most volatile and most likely to generate TLH opportunity. KlangFool Good point.... I could hold more than one, I had just been focused on TSM I guess.
by sco
Thu Mar 23, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

OP, Let's take an example. Basically, you choose to let the taxable account and HSA/401K/IRA track a close but different index. For example, 1) HSA/401K/IRA only buy S&P 500 index fund. 2) Taxable account only total stock market index fund. Or, you can do the reverse and it will work. KlangFool...
by sco
Thu Mar 23, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Re: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

You are worried about inconsequential things. But when you want to TLH in your taxable account then you can just temporarily change what your HSA and 401(k), and IRA contributions buy in the next few weeks. Then change back when you feel like it. Or you can just deal with it like I did in the TLH d...
by sco
Thu Mar 23, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics
Replies: 20
Views: 1081

Tax Loss Harvesting with Automated Contributions (401k, HSA, Etc) Logistics

I've read a lot of the TLH threads.. Here is the one thing that I can't wrap my head around.. Say I have several accounts automatically purchasing tax differed or tax except. I am basically purchasing whatever is available within the limitations of the HSA/401k S&P Index Total Stock Market Total...
by sco
Thu Mar 23, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard: "Important: We've been unable to reach you by email"
Replies: 36
Views: 3713

Re: Vanguard: "Important: We've been unable to reach you by email"

My son freq gets these on his gmail account, I never have on my gmail account...
by sco
Wed Mar 22, 2017 10:33 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 16036

Re: What % of your income have you converted to wealth?

35% at age 30. I do not see it rising above 40-45% for another 8 years due to kids, daycare and other expenses. Regarding the metric, one of the issues is the 401k match not showing up in income but in the numerator. I don't see that as an issue, so much as good judgement as far as career decisions...
by sco
Tue Mar 21, 2017 8:56 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 133
Views: 16036

Re: What % of your income have you converted to wealth?

35% for a 39/40 year old couple..

I think I'm a crappy saver compared to some of you :)
by sco
Tue Mar 21, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 4878

Re: Fidelity vs. Vangard?

Some of us have had all four, vanguard, fidelity, schwab and TD.... Vanguard has the worst service and the best range of low cost products... I'm now down to fidelity and vanguard, Work sometimes make a decision on an account that allows you to simplify to one brokerage.... and other times you may w...
by sco
Tue Mar 21, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Fund Comparable to VFIIX Vanguard GNMA Fund
Replies: 8
Views: 485

Re: Fidelity Fund Comparable to VFIIX Vanguard GNMA Fund

At a lot of places the sweep/cash accounts rates and short-term bond choices are lacking. This is for a reason. Just use total bond and dilute with Fidelity Short-Term Treasury Bond Index Fund (FSBAX) for lower vol if desired, if you don't want to just trade the T-notes yourself. That's assuming yo...
by sco
Tue Mar 21, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Fund Comparable to VFIIX Vanguard GNMA Fund
Replies: 8
Views: 485

Re: Fidelity Fund Comparable to VFIIX Vanguard GNMA Fund

I don't think the difference, particularly under $50k, is worth worrying about. Fidelity probably manages their fund a little more aggressively, partly in an attempt to make up for the higher expenses, but it has pretty consistently performed as well or better than the Vanguard fund. I'd prefer low...
by sco
Mon Mar 20, 2017 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Fund Comparable to VFIIX Vanguard GNMA Fund
Replies: 8
Views: 485

Re: Fidelity Fund Comparable to VFIIX Vanguard GNMA Fund

I don't think the difference, particularly under $50k, is worth worrying about. Fidelity probably manages their fund a little more aggressively, partly in an attempt to make up for the higher expenses, but it has pretty consistently performed as well or better than the Vanguard fund. I'd prefer low...

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