Search found 2794 matches

by simplesimon
Sun Feb 12, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance future increase rider question
Replies: 7
Views: 400

Re: Disability insurance future increase rider question

Thank you simplesimon. That is along the lines of thought that I had but wanted to get boglehead input. Normal expenses would easily be covered by this disability amount and then some. Nursing home costs (God forbid), wouldn't remotely be met by this amount. The most common disability in my line of...
by simplesimon
Sun Feb 12, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: I Came Away Impressed with Social Security Enrollment Process
Replies: 21
Views: 2366

Re: I Came Away Impressed with Social Security Enrollment Process

Does anybody have experience with how easy it was to apply for Restricted Application for Spousal Benefits only? My father filed an restricted application for spousal benefits last year. They screwed it up completely. It was processed as a full application, despite clear instructions. In contrast t...
by simplesimon
Sun Feb 12, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance future increase rider question
Replies: 7
Views: 400

Re: Disability insurance future increase rider question

Oh my mistake. It's unlikely you'll get a better deal by shopping around but it wouldn't hurt. This is because you had your policy underwritten 8 years ago. Even though you're healthy today, you're 8 years older and that will likely count against you. $620/month for $14k/month benefit is not bad. Ho...
by simplesimon
Sun Feb 12, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: I Came Away Impressed with Social Security Enrollment Process
Replies: 21
Views: 2366

Re: I Came Away Impressed with Social Security Enrollment Process

Does anybody have experience with how easy it was to apply for Restricted Application for Spousal Benefits only?
by simplesimon
Sun Feb 12, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance future increase rider question
Replies: 7
Views: 400

Re: Disability insurance future increase rider question

An additional $290/month for the $2k increase sounds expensive.

It may be worth shopping around if you're still in good health to see what an $8k/month benefit policy would get you.

How much of your current income do you need to support yourself and your family?
by simplesimon
Sat Feb 11, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy phones?
Replies: 43
Views: 2558

Re: How do Bogleheads buy phones?

+1 for Swappa. I've bought and sold phones there. Buying iPhones nowadays is almost like buying a car - you can get a pretty good used one for much cheaper. I bought an iPhone 5 two and a half years ago for about $230 and recently the battery started to go. I ordered a battery replacement kit from A...
by simplesimon
Fri Feb 10, 2017 9:57 am
Forum: Investing - Theory, News & General
Topic: Why don't stock prices go up on payday?
Replies: 43
Views: 3586

Re: Why don't stock prices go up on payday?

I believe the OP is overestimating how significant the dollar amount is for payroll contributions relative to how much is being traded per day.
by simplesimon
Tue Feb 07, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Seeking Advice - When To Claim
Replies: 32
Views: 3252

Re: Social Security - Seeking Advice - When To Claim

Maybe someone can confirm the idea whether you can lose potential spousal survivor benefits or not. In the original example above the Husband is older and has a higher PIA so potentially more SS benefit than the wife. For each year DH delays he gets more SS. If he delays to 70 he gets his max SS. T...
by simplesimon
Mon Feb 06, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Seeking Advice - When To Claim
Replies: 32
Views: 3252

Re: Social Security - Seeking Advice - When To Claim

"Like someone responded earlier: this is the survivor benefit. Wife could collect at 62 at a reduced benefit and still get the full survivor benefit from her husband after he dies. Social Security will pick the benefit that is the higher of her own benefit or the survivor benefit. So please te...
by simplesimon
Mon Feb 06, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Seeking Advice - When To Claim
Replies: 32
Views: 3252

Re: Social Security - Seeking Advice - When To Claim

"Have your father wait until age 70 to collect. Not only will this be the max benefit for him to collect, if he dies before your mother your mother's benefit will be replaced with a survivor benefit equal to what your father was collecting." Is that true only if the mother waits untill FR...
by simplesimon
Mon Feb 06, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Seeking Advice - When To Claim
Replies: 32
Views: 3252

Re: Social Security - Seeking Advice - When To Claim

Check out this book - Get What's Yours by Laurence Kotlikoff. Nice summary/strategies, but you have to get past the juvenile/atrocious writing. It's written in one of those pretend-dialogue styles that's incredibly annoying. I have only read A Social Security Owner's Manual by Jim Blankenship, but ...
by simplesimon
Mon Feb 06, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Seeking Advice - When To Claim
Replies: 32
Views: 3252

Re: Social Security - Seeking Advice - When To Claim

If you think your parents will live past age 80, they'll likely benefit from delaying. Have your father wait until age 70 to collect. Not only will this be the max benefit for him to collect, if he dies before your mother your mother's benefit will be replaced with a survivor benefit equal to what y...
by simplesimon
Sat Jan 28, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Private Client presentation; your thoughts?
Replies: 23
Views: 3104

Re: Chase Private Client presentation; your thoughts?

BoglePablo wrote:"Have you heard the term 'alpha'? You will do better with managed funds in achieving alpha." was that too much of a stretch for him to state that?


I bet the guy can't even calculate alpha or correctly define it.
by simplesimon
Wed Jan 25, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 56
Views: 6448

Re: Anyone moved to another state for lower cost of living?

Do you think the reasons you left Cali will improve in 10 years? Unless you're able to get a significant pay bump going back (or are currently being paid much higher on a cost of living adjusted basis) or Cali experiences much smaller increases in home prices compared to Houston when you sell, it wi...
by simplesimon
Sun Jan 22, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Selling diamond engagement ring
Replies: 40
Views: 4734

Re: Selling diamond engagement ring

Appraised value has nothing to do with resale value. Appraised value is for insurance purposes only.

Have you asked other jewelers what they'd pay?
by simplesimon
Wed Jan 18, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity [Customer Service Reputation]
Replies: 73
Views: 5234

Re: Vanguard vs. Fidelity [Customer Service Reputation]

Another negative quirk that may say something about Vanguard's systems or processes: my wife changed her name and it is the only company so far that has said that it requires the actual marriage certificate and that a scanned copy was not acceptable.
by simplesimon
Tue Jan 17, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Payflex HSA (via Aetna HDHP at FEHB) - New Vanguard Fund Options
Replies: 30
Views: 2670

Re: Payflex HSA (via Aetna HDHP at FEHB) - New Vanguard Fund Options

If it costs $2/month to invest, I'm wondering at what point it's worth it to start investing. I just started this this year. Maxing out the the account this year means contributing about $200 every other week, which doesn't seem to make sense...early on anyways.
by simplesimon
Sat Jan 14, 2017 4:10 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard not the best choice for I401k or Sep IRA
Replies: 13
Views: 665

Re: Is Vanguard not the best choice for I401k or Sep IRA

My wife opened a SEP IRA with Vanguard a couple years ago. No serious issues. One time the website was glitchy for a week or two when she wanted to make a contribution. No experience with other mutual fund companies, but I'm sure there are things other companies do better and things they do worse.
by simplesimon
Wed Jan 11, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Thinking of getting tires from Costco
Replies: 68
Views: 5359

Re: Thinking of getting tires from Costco

This thread got me thinking about my own tires and while I don't mean to hijack the thread, I hope to get some advice. My car is a 2008 Outback, which I purchased used in 2013 with about 45k miles on it. The treads look fine and I currently have about 78k on it but I've read things about age of tire...
by simplesimon
Fri Jan 06, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 199
Views: 24015

Re: Chase Sapphire Reserve

The math gets a little worse for me since I have my wife as an authorized user for the extra $75. Thanks for helping me figure it out - it looks like I will be canceling this card before the end of the year.
by simplesimon
Fri Jan 06, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 199
Views: 24015

Re: Chase Sapphire Reserve

Is this card considered a generally very good travel rewards card? Does anybody plan on using this card in year two or year three assuming the perks stay the same? I'm trying to limit the number of cards I get. I've used the Fido 2% cash back card for many years and am not familiar with points cards...
by simplesimon
Thu Jan 05, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire ending its Reserve 100,000 bonus point offer
Replies: 40
Views: 5300

Re: Chase Sapphire ending its Reserve 100,000 bonus point offer

I was really holding out on this card because I believed long term it might make me spend more but I really wanted to take a nice trip with my wife later this year and thought why not and caved and got one for my wife and I. I am actually nervous about being able to hit the $4k spend mark in the nex...
by simplesimon
Thu Jan 05, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Move IRA from T Rowe Price to Vanguard
Replies: 17
Views: 2441

Re: Move IRA from T Rowe Price to Vanguard

I just helped my wife do this and it wasn't a total pain in the butt but some things were annoying. I went with the "just fill out a form online and we'll get the transfer done for you" option on Vanguard's website. I still had to print out paperwork, including the latest TRP statement, an...
by simplesimon
Thu Jan 05, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: [Seeking advice] I messed up. What's next?
Replies: 30
Views: 2899

Re: [Seeking advice] I messed up. What's next?

What field are you in or are interested in working in?

Focus on your career the next four years and decide if you still even want or need an MBA to achieve your goals.
by simplesimon
Wed Jan 04, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Another view on Vanguard security
Replies: 20
Views: 2369

Re: Another view on Vanguard security

Not exactly hacking, it isn't Vanguard, and this isn't in the U.S., but Family who had £45,000 stolen from Santander bank account won't get money back . There were about a couple levels of incompetency involved here for the fraudsters to successfully pull off this heist. Besides Symantec's latest ad...
by simplesimon
Tue Jan 03, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: Can you recommend a good stick blender?
Replies: 8
Views: 625

Re: Can you recommend a good stick blender?

I don't have any experience with ones other than the Cuisinart I purchased.

It works great for my needs.
by simplesimon
Tue Jan 03, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance?
Replies: 12
Views: 851

Re: How much term life insurance?

I’ve been doing some thinking about my level of term life insurance and would welcome any input on how much term life insurance I should be carrying. Here are my details: – 33 years old, married with two young kids – wife stays at home and doesn’t earn a salary – current income is $205k base, ~$60k...
by simplesimon
Mon Jan 02, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: My niece got accepted to Georgetown and we may have to pay for it.
Replies: 58
Views: 6772

Re: My niece got accepted to Georgetown and we may have to pay for it.

I'm just trying to figure out the best way to contribute financially if she somehow can get a scholarship that can cover most of the costs. As others have mentioned, a 529 will provide little incremental benefit. Authorizing your sister in law to use your credit card will likely do you more harm th...
by simplesimon
Mon Jan 02, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Bogle worried Vanguard is getting too big
Replies: 68
Views: 12079

Re: Bogle worried Vanguard is getting too big

For investors it is nice, since Vanguard will continue to lower fees and force others to do so too. Increasing concentrations in fewer companies should lead to the opposite as competition diminishes. Personally, I would rather Vanguard upgrade their technology platforms and fix their customer servi...
by simplesimon
Sat Dec 31, 2016 12:37 pm
Forum: Investing - Theory, News & General
Topic: The average investor made just over 5% in 2016, according to Openfolio
Replies: 21
Views: 3008

Re: The average investor made just over 5% in 2016, according to Openfolio

Yes, diversification will lessen the performance of a portfolio in great years and improve the performance during recessions. This is a year where U.S. equities won. Where's that Callan Periodic Table of Investment Returns when you need it? Oh here it is. I don't know how soon after year end the tab...
by simplesimon
Thu Dec 29, 2016 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 5304

Re: large purchase

One thing I would suggest (something I now regret) is not to get too focused on 'specs". Lots of diamonds look the same but costs vary wildly based on the 4Cs. A lot of that is jewelry mumbo jumbo and is hard to discern in regular day to day settings. I found I was more concerned about it than...
by simplesimon
Thu Dec 29, 2016 2:11 pm
Forum: Investing - Theory, News & General
Topic: 2017 Boglehead Contest Reminder
Replies: 14
Views: 953

Re: 2017 Boglehead Contest Reminder

Looks like Deutsche Bank should invest all my money.
by simplesimon
Wed Dec 28, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 5304

Re: large purchase [engagement ring]

OP, I did the same thing as what you propose (no pun intended) as it was more important to me to get engaged at a particular time. I understand that in your situation, maybe because you've been with her for so long that now that you have a good paying job, you both feel it's time to start a family. ...
by simplesimon
Wed Dec 28, 2016 7:12 am
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 5304

Re: large purchase [engagement ring]

I second the recommendation to read pricescope.com like you would read bogleheads.org. You'll learn things you never thought you would with regards to diamonds and it will help you purchase a sparklier/shinier/brighter/better diamond and it will look bigger than what most jewelers will typically rec...
by simplesimon
Thu Dec 22, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with $10k bonus
Replies: 16
Views: 1875

Re: What to do with $10k bonus

Roth and debt sounds like a great plan.
by simplesimon
Wed Dec 21, 2016 9:06 am
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 7143

Re: Hard Endeavor/Exercise in Middle Age

Also, I would rather maintain the muscle mass I have and get into something more strength related. What strength training program do you follow now? If you've done Crossfit you must be familiar with the basic barbell lifts. Is your overhead press, back squat, or deadlift really as strong as they co...
by simplesimon
Tue Dec 20, 2016 8:05 pm
Forum: Personal Consumer Issues
Topic: Any one bought used phones from Gazelle?
Replies: 7
Views: 701

Re: Any one bought used phones from Gazelle?

Haven't used Gazelle but have used Swappa.

Battery started to go on the four year old iPhone (two years after I purchased it) and I bought a battery replacement kit on Amazon and now the phone and battery is like new.
by simplesimon
Tue Dec 20, 2016 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to best use a points program at work?
Replies: 4
Views: 430

How to best use a points program at work?

I'm a huge fan of cash back credit cards because most things that credit card companies offer that can be redeemed for points don't interest me. I like getting cash. But what if this is one of the ways you're rewarded by an employer? My employer uses a points reward and redemption system for some th...
by simplesimon
Tue Dec 20, 2016 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 8714

Re: Ally Bank 1.25% 11 month with no EWP

what do you think about VCAIX (Cal. Tax-Exempt Intermediate Term)? SEC Yield at 2.12%; average duration 5.3 yrs. I am at 35/10 for fed/cal. taxes. currently have emergency fund in ally at 1.0%. thanks. CA tax exempt doesn't exempt you from federal taxes. After tax yield of this fund for you would b...
by simplesimon
Tue Dec 20, 2016 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 8714

Re: Ally Bank 1.25% 11 month with no EWP

what do you think about VCAIX (Cal. Tax-Exempt Intermediate Term)? SEC Yield at 2.12%; average duration 5.3 yrs. I am at 35/10 for fed/cal. taxes. currently have emergency fund in ally at 1.0%. thanks. CA tax exempt doesn't exempt you from federal taxes. After tax yield of this fund for you wou...
by simplesimon
Tue Dec 20, 2016 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 8714

Re: Ally Bank 1.25% 11 month with no EWP

Is the CD interest paid monthly similar to their checking accounts? Ally gives you a few different options: Interest paid at maturity. Interest paid monthly depositing into an account of your choice or by check via mail. Interest paid quarterly depositing into an account of your choice or by check ...
by simplesimon
Mon Dec 19, 2016 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 8714

Re: Ally Bank 1.25% 11 month with no EWP

Is the CD interest paid monthly similar to their checking accounts? Ally gives you a few different options: Interest paid at maturity. Interest paid monthly depositing into an account of your choice or by check via mail. Interest paid quarterly depositing into an account of your choice or by check ...
by simplesimon
Sun Dec 18, 2016 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 8714

Re: Ally Bank 1.25% 11 month with no EWP

Is the CD interest paid monthly similar to their checking accounts? Ally gives you a few different options: Interest paid at maturity. Interest paid monthly depositing into an account of your choice or by check via mail. Interest paid quarterly depositing into an account of your choice or by check ...
by simplesimon
Sun Dec 18, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Getting out of Vanguard's FundAccess
Replies: 2
Views: 379

Re: Getting out of Vanguard's FundAccess

SpringMan wrote:Settlement is T+1 for mutual funds, so I don't think you could do it all in one day.


Unfortunate. Thank you.
by simplesimon
Sun Dec 18, 2016 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Getting out of Vanguard's FundAccess
Replies: 2
Views: 379

Getting out of Vanguard's FundAccess

My wife transferred her Roth and Rollover IRA from TRowe to Vanguard. Now they're sitting in the same TRP funds but in Vanguard's FundAccess platform. She's unable to exchange funds to a Vanguard fund. Would she have to sell the funds before being able to buy Vanguard funds? Does selling get her out...
by simplesimon
Sun Dec 18, 2016 7:58 am
Forum: Personal Finance (Not Investing)
Topic: When will savings account rates rise?
Replies: 16
Views: 3384

Re: When will savings account rates rise?

Ally started offering a no-penalty CD, 11-month term, at 1.25%. It was 0.87% before the Fed announcement.

viewtopic.php?f=2&t=205734&newpost=3154671
by simplesimon
Sun Dec 18, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 8714

Re: Ally Bank 1.25% 11 month with no EWP

This seems like a great deal and a great move by Ally. If the Fed raises rates three to four times next year like they said they might and Ally raises rates on CD's again, then break the CD and put the money in the new CD. Vanguard's Limited Term Tax Exempt Bond fund (VMLTX) has a current SEC yield ...
by simplesimon
Sun Dec 18, 2016 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Disability insurance question
Replies: 8
Views: 671

Re: Disability insurance question

How does the lifetime/decreasing benefit compare to your savings and retirement progression?

I assume you get to keep the lower premium if you switch employers?
by simplesimon
Fri Dec 16, 2016 2:20 pm
Forum: Investing - Theory, News & General
Topic: Damodaran on Active Vs. Passive, nice piece
Replies: 8
Views: 1229

Re: Damodaran on Active Vs. Passive, nice piece

Thanks for sharing. Damodaran is someone I studied in school and he seems like a great teacher.

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