Search found 58 matches

by simple man
Tue Jun 20, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: WWYD? Cash in Investment to Pay Off Mortgage Question
Replies: 50
Views: 2385

Re: WWYD? Cash in Investment to Pay Off Mortgage Question

We used savings to pay off a large mortgage awhile back and it was GREAT! Do not underestimate the psychological benefits of having no debt. When the market fell last time, all the neighbors were freaking out - but with no debt, it was a big yawn for us. As long as you have enough cash or access to ...
by simple man
Tue Jun 13, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12471

Re: Who takes financial chances and why is this forum so financially conservative?

Reminds me of the classic argument:
"You're a pessimist."
"I'm a realist."
You're a pessimist."
"I'm a realist."
repeat... :oops:
by simple man
Fri May 26, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Are middle-aged breadwinners getting a raw deal?
Replies: 20
Views: 2937

Are middle-aged breadwinners getting a raw deal?

Ok. I know I am inviting you to my pity party, but feel free to hang around. I am a middle-aged (+) breadwinner in a single income household. I have been doing this big corp stuff a long time, and I am indeed getting burned out a bit and think about the big picture and what I am doing with my life. ...
by simple man
Mon May 22, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: NY vs Utah 529?? Can't decide!
Replies: 23
Views: 2016

Re: NY vs Utah 529?? Can't decide!

Been with UESP for almost 10 years. Great program, very focused on low costs and just doing the job they are supposed to do. Very professional and helpful. Not run by the stockbrokers....I dont know about NY.
by simple man
Mon May 22, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Shocking car insurance quote
Replies: 39
Views: 5125

Re: Shocking car insurance quote

Same thing just happened to me with Liberty. We are long time Liberty customers and the new prices were absurd. My DW made some calls and Geico came in at LESS THAN HALF THE PRICE for auto and home. DW was in insurance and says it is apples to apples. She said Geico asked a lot more questions so the...
by simple man
Mon May 01, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 165
Views: 12813

Re: Microsoft, I want my computer back!

One thing folks often overlook is all the junk cache that builds up just with normal usage and web surfing. I use CCleaner and it is great - but I encourage you to look for others too. Sometimes it will remove a Gig of trash. That is a Gig that my pc had to work through to get to my real task...alwa...
by simple man
Sat Mar 11, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: The Big Short, FannyMae and VBMFX
Replies: 5
Views: 517

Re: The Big Short, FannyMae and VBMFX

btenny - Are your Intermediate Term Bonds treasuries or corporates (or both)?
by simple man
Sat Mar 11, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: The Big Short, FannyMae and VBMFX
Replies: 5
Views: 517

Re: The Big Short, FannyMae and VBMFX

I am not sure. From what I see there is confusion. Investopedia says FannieMae and FreddieMac are NOT covered by the full faith and credit of the US. http://www.investopedia.com/ask/answers/07/mbs-guarantee.asp. But i agree with you, that is the heart of the issue.
by simple man
Sat Mar 11, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: The Big Short, FannyMae and VBMFX
Replies: 5
Views: 517

The Big Short, FannyMae and VBMFX

My main question here for everyone is "should we be concerned at all?" I love the movie The Big Short. Great information on the exploding economy in 2008, presented in an incredibly creative way. The key issue focused on is the fact that subprime mortgages got packaged as high credit risk....
by simple man
Tue Feb 14, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Financial/Retirement Planner in Houston area
Replies: 0
Views: 206

Financial/Retirement Planner in Houston area

I am getting to the point where I think it would be helpful to have a planner give me a double check on where I sit for my post-current career departure. Does anyone know of a good fee based planner in the Houston area?
by simple man
Fri Jan 27, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Possbile career moves without college degree
Replies: 39
Views: 3806

Re: Possbile career moves without college degree

In my area, policing requires 60 hours of college (basically an Associates Degree).
by simple man
Tue Jan 24, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: Why is Lexus not fixing its air bags?
Replies: 8
Views: 1013

Why is Lexus not fixing its air bags?

Long story short, about 8 months ago I got the letter from Lexus saying they need to fix my takata airbag (passenger side only). To this day, Lexus wont fix them. I understand that Honda is getting all the new production of the new air bags first. I am patient but I am getting tired of making people...
by simple man
Sat Jan 07, 2017 8:21 pm
Forum: Personal Consumer Issues
Topic: The True Cost of Statins
Replies: 1
Views: 858

The True Cost of Statins

After 3 years, I finally capitulated and went on a statin. I dont like unnecessary drugs. It turns out (this is supported by most evidence) that when you are on a statin you should also take CoQ10, which is expensive. Now, in my latest research, i have learned that although statins will reduce the r...
by simple man
Sat Jan 07, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 4805

Re: Anybody else Age - 10 in bonds, rest in stocks

Started with Buffet's full "age = bonds" and have kept at it. Now at 50-50, and based on what i have read on 50-50, i am inclined to stay here for the duration...
by simple man
Sat Jan 07, 2017 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?
Replies: 36
Views: 1904

Re: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?

Yes. I thought it was funny they were "moving to a scale of 1600" when I never knew they left the 1600 scale, which was in place when I was younger.
by simple man
Sat Jan 07, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?
Replies: 36
Views: 1904

College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?

Needless to say it has been a while since I took an SAT or ACT test. Now I have a kiddo coming into that season - soon to be taking standardized tests to apply for college. It is all so very competitive nowadays. Do you have any recommendation on test prep courses, such as Princeton, Kaplan, etc...?...
by simple man
Mon Dec 05, 2016 7:10 pm
Forum: Personal Consumer Issues
Topic: 8mm Video Camera
Replies: 13
Views: 1065

Re: 8mm Video Camera

Thanks nisiprius! You have provided your own incredible imagery here! lol :D This is incredible detail of how it works. Hard to believe now that we pull out our phones and click with one hand. Thanks for taking the time to show us the level of work involved.....Very much appreciated! :sharebeer
by simple man
Fri Dec 02, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: 8mm Video Camera
Replies: 13
Views: 1065

Re: 8mm Video Camera

Yes. The bigger issue is processing. Kodak is rolling out a new service where you buy the film and the price includes them processing it for you, sending you the film and them uploading it digitally for you to download.
by simple man
Fri Dec 02, 2016 10:33 am
Forum: Personal Consumer Issues
Topic: 8mm Video Camera
Replies: 13
Views: 1065

8mm Video Camera

My son is studying filmmaking and all the latest that filmmaking school has to offer. I was thinking it might be cool to go retro and get him an 8 mm camera so he can experiment with that style in making his film shorts for school. I know nothing about it. Are there new 8mm"s or do I have to bu...
by simple man
Thu Nov 10, 2016 11:49 am
Forum: Personal Consumer Issues
Topic: Filling in the swimming pool
Replies: 30
Views: 3790

Re: Filling in the swimming pool

Thanks ktd; even better than I thought!

The draining issue I guess is a possibility...I had not thought of that, since we are in the South and no one drains their pools. But an interesting option.
by simple man
Thu Nov 10, 2016 10:52 am
Forum: Personal Consumer Issues
Topic: Filling in the swimming pool
Replies: 30
Views: 3790

Filling in the swimming pool

I hate my swimming pool. Kids don't use it anymore and I finally gave up cleaning it myself. I am paying about $250/month to have it maintained, plus paying for anything that breaks (seems like more than it should be). I started adding up the numbers and thought, hey, I should just fill that sucker ...
by simple man
Mon Oct 03, 2016 1:20 pm
Forum: Personal Consumer Issues
Topic: Daughter will study abroad in ireland need advice
Replies: 28
Views: 3803

Re: Daughter will study abroad in ireland need advice

We just went through this - BEST - have her open an account with Schwab Bank. She will use this for cash. Schwab will waive ALL ATM fees which really add up across the pond. 2 - get one of the many visa cards which waive international fees. She will use this mostly. The fees really add up if you don...
by simple man
Sun Jul 17, 2016 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: Just got back from Europe...ready to sell my International...
Replies: 82
Views: 10751

Just got back from Europe...ready to sell my International...

Ok. Hear me out first...I just got back from Europe a couple of weeks ago and I am not feeling real good about the economic prospects there. I have been disciplined for years with my BH portfolio. I am 50-50 with 33% of equities in Vanguard Total International Stock Index Fund (VGTSX). Given the eco...
by simple man
Sun Jul 17, 2016 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 6397

Re: Real career path for a 23 yr old with no college degree

Wow. Sorry for the delay, but all of these ideas have been great! I appreciate the discussion of different paths and helpful experiences. There is so much I have not thought of. And I had never heard of the Job Corps or the Colorado web site. Again, thanks for taking the time to make a difference in...
by simple man
Mon Jul 11, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 6397

Re: Real career path for a 23 yr old with no college degree

He could start out in new car sales. Last I checked, no experience necessary. Then build from there. I think he is leaning towards this path...his only concern is getting pigeon-holed as a "car salesman" and being excluded from enterprise sales later on... But maybe that is a risk he has ...
by simple man
Mon Jul 11, 2016 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Real career path for a 23 yr old with no college degree
Replies: 50
Views: 6397

Real career path for a 23 yr old with no college degree

I am hoping to tap the group's wisdom and experiences on this one as I am somewhat at a loss. My 23 year old son (ADHD and very dyslexic) has decided college is not for him. I can't disagree. His strengths are great personality, people like him, extroverted, and he is good at sales. I want to give c...
by simple man
Thu Mar 10, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Book copyright infringement: how to stop someone?
Replies: 31
Views: 3182

Re: Book copyright infringement: how to stop someone?

DMCA is the way to go. If you complain to nursing board and there are not good grounds that this is a violation of their code and she gets sanctioned or loses her job, you could easily get sued for defamation. There a probably a number of lawyers that would take this - and you would have to invoke y...
by simple man
Thu Jan 28, 2016 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: All in one funds in Taxable Acct?
Replies: 15
Views: 2049

Re: All in one funds in Taxable Acct?

Yes, it makes more sense to use a single fund when your tax rate is low, BUT you also need to consider the future. Say you use a single fund now because your tax rate is low, in the future when your tax rate is high, you have the single fund and you wont want to sell then because you get hit with th...
by simple man
Thu Sep 24, 2015 11:03 am
Forum: Investing - Theory, News & General
Topic: I feel like going 100% Bonds, but am staying the course
Replies: 85
Views: 8780

Re: I feel like going 100% Bonds, but am staying the course

I am working at not watching any financial news - so that the market can fall and then come back up, without me ever knowing about it! :D
by simple man
Wed Jun 10, 2015 12:45 pm
Forum: Personal Consumer Issues
Topic: Men's dress shirts - Charles Tyrwhitt shirts on sale for $29
Replies: 34
Views: 9422

Re: Men's dress shirts - Charles Tyrwhitt shirts on sale for $29

All - these shirts are awesome. I finally got tired of Brooks Brothers; their quality is just not there anymore. These shirts are nice thick cloth (like the old days) and very well made. Service is great - have had to return some based on sizing. They have give you brass collar stays. Not sure about...
by simple man
Mon Feb 02, 2015 6:38 pm
Forum: Personal Consumer Issues
Topic: Approaching 50...What to expect?
Replies: 113
Views: 16177

Approaching 50...What to expect?

I am seeking to tap into a little of the collective wisdom out there. I am approaching 50 years of age and wondering what the next 10 years will bring. So, a couple of questions. What should I expect physically and mentally over the next 10 years? What about financially? Anything you would have done...
by simple man
Fri Jan 09, 2015 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund vs. 3 Fund Portfolio
Replies: 45
Views: 12204

Re: Target Date Fund vs. 3 Fund Portfolio

For me it is all about taxes. I have enough accounts that I need to keep my FI in tax advantaged and stocks in taxable. I would LOVE to use Target funds, but did the math and the tax hit of holding that percentage of bonds in my taxable just makes it not worth it. For that much money, I rebalance my...
by simple man
Wed Nov 12, 2014 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: HSA strategy
Replies: 8
Views: 1612

Re: HSA strategy

Exactly. You have hit on why I think the HSA is the best thing out there. Do whatever you can to put money in that HSA and NOT spend it - until you are old. Think about it - it reduces your income, grows tax fee and then you withdraw tax free (when used for medical expenses - which we will all have)...
by simple man
Wed Feb 26, 2014 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy question on "tax free" accounts
Replies: 4
Views: 724

Strategy question on "tax free" accounts

One topic that is addressed from time to time is how to handle tax free accounts (vs. tax deferred accounts). These would include HSAs and Roth IRAs. The general theme is to put equities in these accounts since they will perform better over time than bonds. But here is my question. I am considering ...
by simple man
Sun Dec 29, 2013 7:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Houston Chapter
Replies: 40
Views: 8718

Re: Houston Chapter

I will be there. Thanks for setting up. Will look for green shirt....
by simple man
Sun Dec 22, 2013 11:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Houston Chapter
Replies: 40
Views: 8718

Re: Houston Chapter

Yes. I am. I have always wanted to go to one of the conferences, but think a Houston chapter meeting would be a great start. I can make either date. Just let me know.
by simple man
Tue Dec 10, 2013 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: VBMFX Duration
Replies: 21
Views: 2629

Re: VBMFX Duration

Thanks so much Taylor, Salty1 and Don46! I have really been struggling to stay the course - given the constant drumbeat that I will be losing 5% for each point rise in interest rates. This is good evidence that nothing is guaranteed in this respect, and that I should definitely stay the course with ...
by simple man
Sun Jul 14, 2013 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market Substitution
Replies: 17
Views: 2738

Re: Total Bond Market Substitution

I think Swedroe makes a good case that it is better to hold intermediate treasury fund vs total bond. He argues that although it performs slightly worse over time than Total Bond, that it is better overall for your portfolio because it has better negative correlation to equities....I think it is an ...
by simple man
Sat Apr 27, 2013 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Your best financial move
Replies: 98
Views: 9999

Re: Your best financial move

Driving cars til they drop. Moving away from "high society" neighborhoods so my spouse and I would not feel the pressure to keep up with the Joneses. Tithing (the more we gave away, the more we got back). Not allowing divorce to ever be a possibility. Sticking to term life insurance. Picki...
by simple man
Sun Mar 10, 2013 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: "Strategic divorce" for tax-purposes for 2 physicians
Replies: 47
Views: 6601

Re: "Strategic divorce" for tax-purposes for 2 physicians

Right -- so if marriage is a committment made, Miyagi's divorce would be what? ...a committment broken. I dont buy the talk of state validity and taxes --those are simple red herrings. To the faithful, marriage is a covenant among man, woman and God. To the secular, marriage is still a lifelong comm...
by simple man
Sun Mar 10, 2013 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: "Strategic divorce" for tax-purposes for 2 physicians
Replies: 47
Views: 6601

Re: "Strategic divorce" for tax-purposes for 2 physicians

Thank you Dave76 -- that is the question. This whole thread is sad. Do we really need to be reminded that marriage is not an economic transaction? Sure, it has purely economic advantages and disadvantages, but that is not the same thing....But if you need real downsides, maybe one is that once she i...
by simple man
Fri Mar 08, 2013 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Nondeductible IRA contribution - Yes or No?
Replies: 15
Views: 3680

Re: Nondeductible IRA contribution - Yes or No?

I think that is right for that part -- but if your income is over the Roth limits you cannot contribute to that account any more. So (and someone correct me if I am wrong) you will need to create and convert a new account each year....
by simple man
Fri Mar 08, 2013 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Nondeductible IRA contribution - Yes or No?
Replies: 15
Views: 3680

Re: Nondeductible IRA contribution - Yes or No?

I also chose not to do the back door Roth. First, it seemed like a lot of work and violates my desire for total simplicity. Second, it involves me parting with cash now. And third, it involves a prediction on future tax rates. As I study history, I think we can all agree our current tax system does ...
by simple man
Mon Jul 30, 2012 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Why not a Target Fund?
Replies: 24
Views: 4494

Re: Why not a Target Fund?

Thanks to all; this is a very helpful thread. I have wanted to go with a TR or similar fund for awhile but stick to doing it myself for tax efficiencies and keeping the bond funds in tax advantaged accounts. But the key is how significant is this benefit? Does it make up for the extra work? Anyone h...
by simple man
Sat May 26, 2012 1:13 pm
Forum: Investing - Theory, News & General
Topic: When Full Faith and Credit is not good enough?
Replies: 31
Views: 2616

Re: When Full Faith and Credit is not good enough?

Thanks for the response. I had not thought about the dollar issue itself -- and to what extent that would alter purchasing ability domestically. As for the other responses, I dont think we need to be alarmist about this, or just think in terms of black and white. I dont see revolution in the streets...
by simple man
Sat May 26, 2012 11:10 am
Forum: Investing - Theory, News & General
Topic: When Full Faith and Credit is not good enough?
Replies: 31
Views: 2616

When Full Faith and Credit is not good enough?

First, as an aside, I am a long time reader, though rare contributor. I just want to add a huge thanks to those who contribute (from us, the silent majority of readers). You have made and continue to make a huge impact in people's lives -- not to mention that rare brand of Bogleheads' sense of humor...
by simple man
Sun Sep 26, 2010 4:27 pm
Forum: Personal Consumer Issues
Topic: Trying to find my way career-wise..
Replies: 19
Views: 2611

I have heard some good ways of thinking about it from others. Ask yourself, "What would I want to do when I woke up if I had all the money I needed?" Or, from a slightly different perspective, "What job would you be willing to do even if they paid you nothing?"

Best of luck.
by simple man
Wed Jun 02, 2010 11:32 am
Forum: Investing - Help with Personal Investments
Topic: PCRDX vs VAW
Replies: 1
Views: 860

PCRDX vs VAW

Anyone have thoughts on pcrdx vs vaw. i have pcrdx for a 10% commodity allocation (to assist with inflation), but think vaw looks to be a better fund. I understand vaw is not straight commodities, but probably should work well enough. Any thoughts are much appreciated.
by simple man
Sun Apr 04, 2010 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help!--Question at the corner of theory and practical.
Replies: 15
Views: 1757

Well, i am learning not to...but inevitably i will find myself in an investing conversation with the technicals guy, the hot stock guy, the i made a killing on stock x guy..and when i discuss bogle strategies, i always get the "he does not get it look"...very funny...but, the numbers are o...
by simple man
Sun Apr 04, 2010 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help!--Question at the corner of theory and practical.
Replies: 15
Views: 1757

Hey, thanks so much. I really appreciate the feedback. I think I am comfortable with my AA, I just needed a reminder not to try and outguess the market. livesoft --appreciate the DCA advice. It is sooo easy to get sucked back into the day to day stock noise (or, as i have heard it called, financial ...

Go to advanced search