Search found 2815 matches

by simplesimon
Sat Mar 25, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: I-Bonds Fixed Rate
Replies: 6
Views: 1110

Re: I-Bonds Fixed Rate

I-bond fixed rates don't seem to track anything other than the government's willingness to sell them.
by simplesimon
Sat Mar 25, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do I have too much cash?
Replies: 10
Views: 1335

Re: How much cash should I hold?

What do you think about CD's vs. bonds? It seems like bonds would like provide greater return (please correct me on this if I am wrong), but can I consider them to be low enough risk that I can use them as a replacement for most of my cash, at least over the next couple of years? In a rising rate e...
by simplesimon
Fri Mar 24, 2017 8:08 am
Forum: Investing - Theory, News & General
Topic: Justification for Adding REITs
Replies: 68
Views: 4465

Re: Justification for Adding REITs

I allocated 10% of equities to REIT in 2009 after reading Larry Swedroe's Alternative Investments book and have maintained/rebalanced to that allocation ever since. I haven't tracked its performance and I honestly don't know if I would have been better off sticking to TSM.
by simplesimon
Thu Mar 23, 2017 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to minimize increases for apartment rent?
Replies: 18
Views: 1359

Re: How to minimize increases for apartment rent?

It sounds like you're getting a very good deal if you're on the low end when compared to other places. Best bet is playing the "great tenant" card and remind them how you've paid your rent on time for the last five years etc. Maybe tug on their heart strings a bit by saying your income has...
by simplesimon
Fri Mar 10, 2017 9:43 am
Forum: Investing - Help with Personal Investments
Topic: At what $ level should someone really start diversifiying?
Replies: 25
Views: 2067

Re: At what $ level should someone really start diversifiying?

Jim Otar likes young accumulators to be pretty conservative their first 5 years and save up "seed money", after which you can start thinking about being having a more aggressive allocation. I would suggest focus much more on saving dollars than worrying about how those dollars are invested...
by simplesimon
Fri Mar 10, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: wife in car accident - next steps?
Replies: 28
Views: 1979

Re: wife in car accident - next steps?

Why do you think you'll only get $8k from the insurance company?

If you are indeed underwater on your car loan you must eat the difference. There's really no way around it.
by simplesimon
Wed Mar 08, 2017 9:26 pm
Forum: Investing - Theory, News & General
Topic: Why not hedge using futures?
Replies: 54
Views: 3616

Re: Why not hedge using futures?

Tanelorn wrote:
simplesimon wrote:OP, you're talking about buying insurance and paying premiums. People want the free lunch.

No, futures is nothing like insurance. If OP were buying put options, then he would be paying premiums to protect his appreciated holdings against a loss. That's expensive.


You're right, my mistake.
by simplesimon
Tue Mar 07, 2017 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Should the money earmarked for certain expenses be part of net worth?
Replies: 52
Views: 3173

Re: Should the money earmarked for certain expenses be part of net worth?

But, this got me thinking about this kind of large expense that we will face as we send two kids to college from 2018-2026 where the large dips in college saving accounts will make the graph look pretty flat and might mask some other issues. That's how exactly how it should look. What issues do you...
by simplesimon
Tue Mar 07, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Wedding cash gift
Replies: 68
Views: 3653

Re: Wedding cash gift

B3GINN3R wrote:I was thinking about having a party on a sunday before a holiday (like labor day or memorial day) to lower costs.


Unfortunately most venues charge just as much on a Sunday before a holiday as they do for Saturdays.
by simplesimon
Mon Mar 06, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Wedding cash gift
Replies: 68
Views: 3653

Re: Wedding cash gift

We got this book before we planned ours: A Practical Wedding and it really helped by making us sit down and think what we really wanted and what the industry told us we should want. They aren't mutually exclusive, but just be sure you know why a purchase is worth it to you. Whether you spend the who...
by simplesimon
Sun Mar 05, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Investing with Variable Income
Replies: 7
Views: 422

Re: Retirement Investing with Variable Income

My wife is a 1099 employee and has variable income. She contributes to an SEP IRA and 15% of her income goes in there. If it's a slow month it will be a small contribution and if its a good month its a large contribution. Before we do our taxes, I figure out what her max contribution into the SEP ca...
by simplesimon
Sun Mar 05, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: Why not hedge using futures?
Replies: 54
Views: 3616

Re: Why not hedge using futures?

OP, you're talking about buying insurance and paying premiums. People want the free lunch.
by simplesimon
Sun Mar 05, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: 9 Year Age Gap 401k ?
Replies: 9
Views: 946

Re: 9 Year Age Gap 401k ?

Read and re-read this: http://www.madfientist.com/how-to-acces ... nds-early/

What tax bracket are you in? How old are you? How old do you need to be to be eligible for retirement pension?

What's your income vs your expenses?
by simplesimon
Thu Mar 02, 2017 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get term insurance for spouse ?
Replies: 23
Views: 1379

Re: Should I get term insurance for spouse ?

What are your goals? What is happening in 10 years? Is that when she plans to quit working?
by simplesimon
Thu Mar 02, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Tell me about Smart TVs and cutting cable
Replies: 101
Views: 7281

Re: Tell me about Smart TVs and cutting cable

Whenever we go to a hotel, my kids get cranky that they have to wait for a commercial, and can't figure out how to fast forward it, or choose a show they'd rather watch. Tivo got the ball rolling with digital recording. Now almost everything is on-demand. Networks must produce quality TV shows like...
by simplesimon
Wed Mar 01, 2017 10:03 pm
Forum: Personal Consumer Issues
Topic: Tell me about Smart TVs and cutting cable
Replies: 101
Views: 7281

Re: Tell me about Smart TVs and cutting cable

I got the Roku 3 around when it first came out so the streaming stick was not available. Before the Roku I had the original Chromecast which is the HDMI stick format but I eventually ran into a wifi connection problem. When I rented a small carriage house in someone's backyard, I had no wifi interfe...
by simplesimon
Wed Mar 01, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: Tell me about Smart TVs and cutting cable
Replies: 101
Views: 7281

Re: Tell me about Smart TVs and cutting cable

On Hulu, let's say I want to watch Family Guy. Are all episodes on there or only certain seasons? I don't have Hulu, but from my experience with Netflix it may depend on the contract Hulu has with whoever owns the rights to the show. For instance, for the longest time SVU seasons 1-12 were availabl...
by simplesimon
Wed Mar 01, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: New YouTube TV Service $35 per month
Replies: 43
Views: 4535

Re: New YouTube TV Service $35 per month

All these streaming options drastically reduce the cost but my fear is that eventually the internet companies will charge for bandwidth by the Gigabyte bringing the cost of streaming entertainment almost exactly the same as bundled cable. Good point and it's something to keep an eye on especially i...
by simplesimon
Wed Mar 01, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: New YouTube TV Service $35 per month
Replies: 43
Views: 4535

Re: New YouTube TV Service $35 per month

Having so many choices is great and people should be able to pay for what they want, but I think most people vastly overestimate how much time they have on their hands to watch stuff. Fifty years ago a tv package had a handful of channels and today you can get over 200 channels. As far as I know, th...
by simplesimon
Wed Mar 01, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: New YouTube TV Service $35 per month
Replies: 43
Views: 4535

Re: New YouTube TV Service $35 per month

I hate cord cutters. How do you think the networks pay for the shows they make? By charging the cable companies a fee to carry their channels. This is literally a "cut off your nose to spite your face" situation. A la cart doesn't work either. You may not watch channel XYZ but I do. Just ...
by simplesimon
Thu Feb 23, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Early Soc Sec or spend down investments/assets?
Replies: 28
Views: 2652

Re: Early Soc Sec or spend down investments/assets?

If you're really afraid SS policy is going to change for you and don't mind having a smaller check if you happen to live past 80, then take it earlier. If the concern is outliving your money, take it at 70. If your wife's benefit is going to be smaller than yours and you anticipate that she will liv...
by simplesimon
Sun Feb 12, 2017 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Disability insurance future increase rider question
Replies: 7
Views: 446

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: 2512

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: 446

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: 2512

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: 446

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: 2760

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: 3660

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: 33
Views: 3667

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: 33
Views: 3667

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: 33
Views: 3667

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: 33
Views: 3667

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: 33
Views: 3667

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: 3234

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: 6612

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: 4793

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: 5490

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: 2809

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: 725

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: 6291

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: 207
Views: 25587

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: 207
Views: 25587

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: 5499

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: 2583

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: 2940

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: 2429

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: 647

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: 921

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: 6917

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: 12389

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...

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