Search found 6524 matches

by tibbitts
Sun May 14, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 9278

Re: Was there a $$$ number after which things got easier?

Totally subjective, but that's what I'm looking for, opinions from our BH community. Just something I"ve been personally wrestling with, wondering if it ever does get easier and the compounding really starts taking over? So for our BH members, was there a number you hit after which it really f...
by tibbitts
Sun May 14, 2017 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on state employee pension.
Replies: 10
Views: 1170

Re: Thoughts on state employee pension.

Wow, if you're saying you'd not even be partially vested until 10 years... I'd thought that would be illegal (ERISA) if it were a private business pension. But maybe anything is possible with a public employer pension.
by tibbitts
Sat May 13, 2017 8:46 am
Forum: Investing - Theory, News & General
Topic: What happens to BND (Total Bond Index) during a downturn
Replies: 43
Views: 3307

Re: What happens to BND (Total Bond Index) during a downturn

It depends what the cause of the "downturn" is, and every one is different - sometimes completely different. If the U.S.government is perceived to be failing, or actually does refuse to pay interest on government bonds, that would be a "downturn" that would clearly affect total b...
by tibbitts
Sat May 13, 2017 8:02 am
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 33
Views: 2888

Re: Retirees, what is your marginal tax rate?

Retired, married, and in the 25% marginal bracket due to nice pension and SS. We were also in 25% bracket while working. This will change for the survivor when the first of us dies. The survivor will be in the 28% marginal bracket. I do not understand this do not care attitude towards tax brackets....
by tibbitts
Thu May 11, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Are bank test deposits taxable?
Replies: 22
Views: 2297

Re: Are bank test deposits taxable?

Such deposits are now normally returned to their sender. We used to get to keep them but that doesn't seem to happen any longer.
by tibbitts
Thu May 11, 2017 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors
Replies: 34
Views: 2779

Re: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors

This post outlines the reason I would never use an advisor. The past 2 years should have been very profitable. Investing properly is not hard, they just make you think it is. In what other endeavor is taking a long nap (or a series of them) potentially highly profitable? But we partly think it's &q...
by tibbitts
Wed May 10, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors
Replies: 34
Views: 2779

Re: Seeking advice for retirees (age 69, perhaps $3 MM) that are unhappy with their advisors

Well, you have to consider the possibility that they'll change to, say, 60/40, and in a few years from now they'll be down 30%. And if they'd kept what they have now they'd be even or up. How would they feel then? Would they go back to these advisers? The problem with an aggressive and non-tradition...
by tibbitts
Tue May 09, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: international stocks poised to outperform US ???
Replies: 80
Views: 5913

Re: international stocks poised to outperform US ???

My innvestment advisor has said the following to me "consider is increasing your allocation to international stocks. Currently, 25% of your equity allocation is in international stocks. My recommendation to you was 40%. Since you enrolled in Personal Advisor Services on January 20th, U.S. stoc...
by tibbitts
Mon May 08, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Investing in Vanguard's Wellesley Income fund for 10 years to buy car
Replies: 21
Views: 2730

Re: Investing in Vanguard's Wellesley Income fund for 10 years to buy car

Where are the real answers? Who plans to buy a car 10 years out? Who sticks to that plan? Retirement, yep. College savings, sure. A car? 10 years is a long time to think about a car. Very dismissive post. A lot of older generation folks that like to buy in cash and never finance debt do this model....
by tibbitts
Mon May 08, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: Why Does The 60/40 Work So Well?
Replies: 72
Views: 9174

Re: Why Does The 60/40 Work So Well?

I have always been a 60/40 guy even when I was younger. So I'd like to get your opinion on why you think the 60/40 asset allocation has always worked so well. Why it has stood the test of time. My opinion is that that is hasn't worked that well compared to many alternate allocations. But even if it...
by tibbitts
Mon May 08, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 3905

Re: Will and Estranged Child advice

It's a difficult situation and to give a better answer we'd have to understand the circumstances, but lacking that I'd leave everything to the remaining daughter and let her know what you'd like her to try to do for the other daughter if anything. You can change your mind later if circumstances chan...
by tibbitts
Sun May 07, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: United Mileage Plus CC - worth it?
Replies: 25
Views: 1697

Re: United Mileage Plus CC - worth it?

I don't travel that much any longer so I'm not sure but it seems like early boarding costs more (if you don't have the card) than with most other airlines, so that's a nice feature and maybe more valuable with United than with some other airlines. I do sometimes travel with a somewhat fragile carry-...
by tibbitts
Sun May 07, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: United Mileage Plus CC - worth it?
Replies: 25
Views: 1697

Re: United Mileage Plus CC - worth it?

I could not qualify for the other Chase cards that offer primary rental car coverage, so the United card can be useful for that. I guess if you don't have collision on your own car then any old credit card will be primary. Decades ago I had Diners Club and had my only rental car accident and it was ...
by tibbitts
Sat May 06, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)
Replies: 50
Views: 3131

Re: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)

These posts are always a little discouraging because we always get the ROI posts, and the "if you're not a in a top X program you'd just as may kill yourself now" posts, where X is always the ranking of the program of the person posting. Almost always more education will open some opportu...
by tibbitts
Sat May 06, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Motor Home Financing
Replies: 11
Views: 1151

Re: Motor Home Financing

stillers wrote:We have no debt and in 35% tax bracket. We plan to buy a RV in 250,000 range and could pay cash. Have sufficient funds to maintain our lifestyle according to ORP site.Should we finance?
Thank you

No.
by tibbitts
Sat May 06, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 7254

Re: Stay home with kids?

I tend to assume that the OP is in a field where part-time isn't an option, and there are such jobs. You're completely worthless to your employer if you're not working eighty hours a week, but you're worth a lot if you are.
by tibbitts
Sat May 06, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)
Replies: 50
Views: 3131

Re: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)

These posts are always a little discouraging because we always get the ROI posts, and the "if you're not a in a top X program you'd just as may kill yourself now" posts, where X is always the ranking of the program of the person posting. Almost always more education will open some opportun...
by tibbitts
Wed May 03, 2017 7:55 am
Forum: Personal Consumer Issues
Topic: Motor Home
Replies: 33
Views: 3541

Re: Motor Home

Wow.. a lot of negative feedback on RV's. Here is my story.. Purchased 10 Year old Diesel Mercedes Benz (MB) Sprinter chassis (Winnebago View) last year with 22K miles on the clock, one owner. Verified Car Fax. Small enough to park in normal parking spot (think very big pickup truck) 23 feet long a...
by tibbitts
Mon May 01, 2017 11:06 pm
Forum: Personal Consumer Issues
Topic: Car maintenance for older cars - where do you go ?
Replies: 52
Views: 3651

Re: Car maintenance for older cars - where do you go ?

... I bet I'm not the only person who swayed noticeably towards buying a Subaru when they opened the hood at the dealer and saw the oil filter sitting right on top. +1. And the Subaru engine has a timing chain. My partial list of requirements for my next vehicle: Engine must have timing chain and h...
by tibbitts
Mon May 01, 2017 9:43 pm
Forum: Personal Consumer Issues
Topic: Buying first home with old hvac
Replies: 92
Views: 3890

Re: Buying first home with old hvac

We can afford the 5k to replace no problem. I just wanted to know if this was a normal part of buying a first home or if I as the buyer have leverage. I don't believe the purchase price reflects how old the hvac is. Problem is that the seller is already taking a small loss since they bought right b...
by tibbitts
Mon May 01, 2017 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Truck purchase: buy new vs buy used vs lease analysis
Replies: 23
Views: 2017

Re: Truck purchase: buy new vs buy used vs lease analysis

"If anyone has a "go-to" ford dealer in California I'd be grateful for the referral." Wrong coast sorry cannot help there. Bought mine in August 2016 but was unable to get the Ford prices down much from MSRP - got a Chevy loaded for $12K below MSRP. I have owned both Ford and Ch...
by tibbitts
Mon May 01, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Senior Lifetime National Parks Pass Fee Going Up
Replies: 51
Views: 6922

Re: Senior Lifetime National Parks Pass Fee Going Up

I am not old enough for one quite yet, but think it would be an amazing value at $80 too.
by tibbitts
Mon May 01, 2017 6:49 pm
Forum: Personal Consumer Issues
Topic: Motor Home
Replies: 33
Views: 3541

Re: Motor Home

^1 year older tomorrow and will work one and a half more years and then maybe 2 days per week until 63(Dentist). My wife and I would like to purchase a motor coach 40 feet or so and travel 3 to 4 months of the year. I am having a hard time because of the depreciation of the coach and travel cost. T...
by tibbitts
Sat Apr 29, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Anyone use independent rental car insurance
Replies: 15
Views: 845

Re: Anyone use independent rental car insurance

Does anyone have a policy that won't exclude coverage when you violate the terms of the rental car agreement? This is an extremely practical problem for people who rent for visiting state or national parks, for example, where rental car agreements generally prohibit driving (but your personal car p...
by tibbitts
Sat Apr 29, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: Anyone use independent rental car insurance
Replies: 15
Views: 845

Re: Anyone use independent rental car insurance

Does anyone have a policy that won't exclude coverage when you violate the terms of the rental car agreement? This is an extremely practical problem for people who rent for visiting state or national parks, for example, where rental car agreements generally prohibit driving (but your personal car po...
by tibbitts
Sat Apr 29, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: Help with computer from IT folk
Replies: 35
Views: 2636

Re: Help with computer from IT folk

What matters isn't all this technical discussion, it's how the computer is licensed for windows and whether it's being used for the OP's employer.
by tibbitts
Fri Apr 28, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Stay Out Of REITs?
Replies: 35
Views: 4561

Re: Stay Out Of REITs?

Would it be wise to stay out of REITs given their valuations? Since we've had low interest rates over the last several years, people have been piling into REITs chasing yield. Yes, it would be wise to stay out of horribly overvalued asset classes like all domestic and international equities and bon...
by tibbitts
Fri Apr 28, 2017 7:42 am
Forum: Personal Finance (Not Investing)
Topic: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)
Replies: 9
Views: 973

Re: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)

There may be some differences here between experiences with a perfectly valid but generic DPOA, which I've now learned has no effect almost nowhere in the financial universe, and TD's specific DPOA.
by tibbitts
Fri Apr 28, 2017 7:32 am
Forum: Personal Consumer Issues
Topic: Why I'm tempted to fix things myself; it's not about the money
Replies: 38
Views: 3866

Re: Why I'm tempted to fix things myself; it's not about the money

For a general contractor, I always use the same person. Give him work on my house and my rentals. He responds quickly and often will "drop" other projects to do mine if he is able to do so. They are known to try to get a bunch of projects lined up and dance in and out of things in order t...
by tibbitts
Fri Apr 28, 2017 7:11 am
Forum: Personal Consumer Issues
Topic: Why I'm tempted to fix things myself; it's not about the money
Replies: 38
Views: 3866

Re: Why I'm tempted to fix things myself; it's not about the money

I would try to vent through the wall. Anything through the roof is nothing but trouble. I have a dryer in the middle of the house and can't vent anywhere else. Very sad. Even with one story you have to weigh the risks of falling. I did things on a two-story roof when I was younger that seem unbeliev...
by tibbitts
Wed Apr 26, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)
Replies: 9
Views: 973

Re: EE savings bond complications (owned by parent with dementia, paper, no beneficiary)

I had a good experience converting all my bonds to electronic. You don't have a choice if you want to change beneficiaries, etc. I also had some bonds that I was the beneficiary for and sent the death certificate with them and they were converted into my account as well. Once in TD I could edit the ...
by tibbitts
Mon Apr 24, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1476

Re: understanding TIAA-CREF

Actually, TIAA has an illustration that does not support the notion about the irrelevance of the amount of time invested, at least with respect to annuitants. https://www.tiaa.org/public/offer/products/annuities/retirement-plan-annuities/tiaa-traditional-annuity Scroll down to the link, "See m...
by tibbitts
Mon Apr 24, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: understanding TIAA-CREF
Replies: 22
Views: 1476

Re: understanding TIAA-CREF

The general gist of the annuity is that you get a guaranteed interest rate around 3 or 4% that goes up the longer you stay invested. Once you retire, you can "annuitize" and get an even higher interest rate around 5 or 6% but then they keep any leftover money after you die, or you can sti...
by tibbitts
Mon Apr 24, 2017 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 9104

Re: Why is Real-Estate so Bad?

Hello Boggleheads, I am a fairly young investor and have lurked/posted on these forums for a while now, and have learned a lot! However there is one concept that I just cannot get my head around. I come from a family of Real-Estate investors, and when I told them about my "Bogglehead ideas&quo...
by tibbitts
Sun Apr 23, 2017 5:48 pm
Forum: Personal Consumer Issues
Topic: Alaska cruise advice
Replies: 30
Views: 1982

Re: Alaska cruise advice

You should take an HAL 14-day HAL roundtrip. Now you just have to choose the date. Yes. But make it one of the dedicated 14-day itineraries, not b2b 7-day ones. Yes, I don't think there are any back-to-back based in Seattle, but I could be wrong. I agree that the Vancouver routing is prettier (insi...
by tibbitts
Sun Apr 23, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Water Filters -- OEM or Generic?
Replies: 23
Views: 15380

Re: Refrigerator Water Filters -- OEM or Generic?

I thought these were a big money-maker for manufacturers, but then I bought a new refrigerator which has no filter at all, so I guess filters weren't as profitable as I'd thought.
by tibbitts
Sun Apr 23, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Alaska cruise advice
Replies: 30
Views: 1982

Re: Alaska cruise advice

Unless you really want the cruise experience then consider flying up to Juneau and taking shorter cruises or day trips from there. That would give you a lot more time on the ground and you would have some flexibly if the weather is bad. The flexibility for weather would be very beneficial. But I've...
by tibbitts
Sun Apr 23, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Alaska cruise advice
Replies: 30
Views: 1982

Re: Alaska cruise advice

Spend an extra day or two, three. in Seattle or Vancouver before embarking. After Debarking, visit Portand and Columbia Gorge for 2 days. Oh, I should mention, I live in Seattle, which is why we're looking at Seattle (or maybe Vancouver) as the embark/debark point. Been to Vancouver/Portland many t...
by tibbitts
Sun Apr 23, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Relatively "Safe" Place to Earn 2.5%-4%
Replies: 24
Views: 3312

Re: Relatively "Safe" Place to Earn 2.5%-4%

Investments paying (net of taxes) under your personal (or in this case organizational) inflation rate are definitely losing real value, so there's that also consideration of "risky."
by tibbitts
Sun Apr 23, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 19818

Re: Any regrets living a frugal life for high income/high networth individuals?

mindboggling wrote:Accumulating more money throughout life is a goal.

That's okay, as long as you realize that means you're treating money the same as other people treat coffee cups, or stamps, or art or whatever they choose to collect.
by tibbitts
Sun Apr 23, 2017 9:30 am
Forum: Personal Consumer Issues
Topic: Alaska cruise advice
Replies: 30
Views: 1982

Re: Alaska cruise advice

Spend an extra day or two, three. in Seattle or Vancouver before embarking. After Debarking, visit Portand and Columbia Gorge for 2 days. Oh, I should mention, I live in Seattle, which is why we're looking at Seattle (or maybe Vancouver) as the embark/debark point. Been to Vancouver/Portland many t...
by tibbitts
Sun Apr 23, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Career advice in IT
Replies: 99
Views: 6997

Re: Career advice in IT

IT isn't nearly as lucrative as software developer these days, but I think the warnings against going into IT are overly alarmist. The cloud is great but it creates almost as many problems as it solves in many cases. If you asked me if every company would be running primarily in the cloud 10 years ...
by tibbitts
Sat Apr 22, 2017 8:53 am
Forum: Personal Finance (Not Investing)
Topic: Why are pensions revered, but annuities reviled?
Replies: 113
Views: 9883

Re: Why are pensions revered, but annuities reviled?

Pensions are often revered either because they're: 1. historical, meaning we see someone who's been receiving one for years, with terms that wouldn't be available to employees today; or 2. still based on wildly optimistic earnings projections that bear no resemblance to reality, at least for "g...
by tibbitts
Fri Apr 21, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 13754

Re: Too much inheritance to handle. Advice needed

There is 150k left in the brokerage account ivnested in the american funds growth portfolio class C, but we said to leave it in there until it goes above 152k so we don't lose anything on the 1% sales charge. I'm not understanding... what is the relationship between the account value and sales char...
by tibbitts
Fri Apr 21, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 36762

Re: Larry Swedroe says "Goodby."

Just adding my thanks for all of Larry's contributions. They were very appreciated.
by tibbitts
Thu Apr 20, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 13754

Re: Too much inheritance to handle. Advice needed

I think this thread is deteriorating a bit and may give the OP the impression that this really is too complicated a problem. After a year or so it will probably seem less complicated, so the objective should be to do nothing for a while, and undo whatever may have been done already. Money market or...
by tibbitts
Wed Apr 19, 2017 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 13754

Re: Too much inheritance to handle. Advice needed

I think this thread is deteriorating a bit and may give the OP the impression that this really is too complicated a problem. After a year or so it will probably seem less complicated, so the objective should be to do nothing for a while, and undo whatever may have been done already. Money market or ...
by tibbitts
Wed Apr 19, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of stuff would you never DIY, assuming you could?
Replies: 75
Views: 6091

Re: What kind of stuff would you never DIY, assuming you could?

Also tree trimming. Knowing myself, I'll reach too far or try some crazy balancing act and end up falling 20 feet. Ooh. Tree trimming is another good one. Six live oaks in our yard. I'm happy to not do that one either. :D I could trim my tree - I could do it all from a ladder, not too tall - but an...
by tibbitts
Wed Apr 19, 2017 6:59 am
Forum: Personal Finance (Not Investing)
Topic: What kind of stuff would you never DIY, assuming you could?
Replies: 75
Views: 6091

Re: What kind of stuff would you never DIY, assuming you could?

Have always DIY'd things on my car, never brought it into the shop except for tire replacements, smogging and alignment issues. Just about everything else I do, including tire rotations. I've probably saved thousands over the years, gained a ton of knowledge, and have a bunch of tools now which ext...
by tibbitts
Wed Apr 19, 2017 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7096

Re: Did anything surprise you in your 2016 taxes?

I was surprised that in my state apparently the first $10k converted from Traditional to Roth isn't taxed for state income. Or at least that's what TaxAct calculated. I was surprised I couldn't e-file an amended federal return (I'd never tried), and that my state had eliminated its amended return fo...

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