Search found 6767 matches

by tibbitts
Tue Sep 19, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Getting father-in-law off of UBS & its 1.5% AUM fee
Replies: 16
Views: 1191

Re: Getting father-in-law off of UBS & its 1.5% AUM fee

To me one issue here is past performance. Yes, we know past performance shouldn't matter, but if the broker is beating some reasonable benchmark after his fees over a long term, and that's possible, don't even think about arguing. Then there is spending, which you haven't addressed. If you sincerely...
by tibbitts
Sun Sep 17, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How long did it take for Equifax to email you a security sign up?
Replies: 38
Views: 2777

Re: How long did it take for Equifax to email you a security sign up?

I was able to sign up 9/12 and received the email today. Now it will apparently be several more days before the service starts working. At least it didn't ask me for a credit card number so far - not that they don't already have them all.
by tibbitts
Sun Sep 17, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Should I contact a lawyer?
Replies: 69
Views: 3229

Re: Should I contact a lawyer?

I was in a very vaguely similar situation a long time ago. I was young and stupid; I should have let it go but didn't. You should let this go. Why do you care what happens to this document? I'm not seeing the damage to you here other than some dented feelings. It seems like this is a toxic environme...
by tibbitts
Sun Sep 17, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: annualcreditreport.com possible vulnerability (apache struts framework)
Replies: 21
Views: 1874

Re: annualcreditreport.com possible vulnerability (apache struts framework)

It's not like Apache Struts is forever and always broken. As Pajamas said, the vulnerability was patched half a year ago. There are plenty of sites running Apache Struts that have nothing to worry about because they are patched. The problem with Equifax was not Apache Struts specifically. That was ...
by tibbitts
Sun Sep 17, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 3731

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

DrGoogle2017 wrote:
Sun Sep 17, 2017 11:17 am
Someone is hoarding money like Warren Buffet.
I believe WB owns NetJets and always travels in a private jet.
by tibbitts
Sat Sep 16, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: point and shoot digital cameras
Replies: 22
Views: 1460

Re: point and shoot digital cameras

More information is needed. P&S cameras are becoming rare as phone have increased their photo capability so much - but only if you have a fairly sophisticated phone.
by tibbitts
Sat Sep 16, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Why are so many Chinese visiting my website?
Replies: 14
Views: 2373

Re: Why are so many Chinese visiting my website?

If I am feeling too good about the world, and even reading the comments on news sites isn't helping, I turn to reading firewall logs. Imagine dozens of people all over your house, like ants, trying to get in all the time. LOL. I just looked at my laptop McAfee firewall log, and I need some roach sp...
by tibbitts
Sat Sep 16, 2017 2:58 pm
Forum: Investing - Theory, News & General
Topic: Investing in a Low-Return World: Howard Marks' 6 options
Replies: 44
Views: 3695

Re: Investing in a Low-Return World: Howard Marks' 6 options

I guess it's #2, but why isn't there an option to save more? As a practical matter, because along with the low-return environment we also have low earnings. When real income decreases every year it's simply not possible for most people to save more. Well...I guess we're screwed, then. :) Excellent ...
by tibbitts
Sat Sep 16, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Investing in a Low-Return World: Howard Marks' 6 options
Replies: 44
Views: 3695

Re: Investing in a Low-Return World: Howard Marks' 6 options

alex_686 wrote:
Sat Sep 16, 2017 11:21 am
When you are looking to date a person for a long term relationship do you look at their external beauty or their inner character? Dividends are external.
Possibly a bad analogy: generally nobody gets to the inner character analysis unless the "investment" passes the external beauty screen.
by tibbitts
Sat Sep 16, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 4809

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Honestly your post is too complicated for me to understand without reading it maybe fifty times. I completely understand why you had to present all that information but I'm guessing most people can't comprehend it. I'll just mention this: Her sister will not get the $200K that's in Vanguard, Edward...
by tibbitts
Sat Sep 16, 2017 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 4809

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Nobody wants to drive a manual transmission car in city traffic, where you crawl along stop and go for hours. You never shift, you just sit there in first gear burning up the clutch.
by tibbitts
Sat Sep 16, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 66
Views: 4915

Re: Lawyer overbilling for prenup review

What recourse do I have if they refuse my compromise?
It sounds like there's no point in speculating until you hear back. It might take 24hrs to get a reply (weekdays), so give it that and then call.
by tibbitts
Sat Sep 16, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 4809

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Honestly your post is too complicated for me to understand without reading it maybe fifty times. I completely understand why you had to present all that information but I'm guessing most people can't comprehend it. I'll just mention this: Her sister will not get the $200K that's in Vanguard, Edward ...
by tibbitts
Fri Sep 15, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA Expense changes
Replies: 12
Views: 809

Re: TIAA Expense changes

We got a notice this week saying TIAA was adjusting the fees associated with our 403(b) account. Specifically, they announced a relationship between the Fund ER, a "Revenue Sharing" kickback from fund to TIAA, and a "Plan Servicing Fee" that result in a "Total Administrative Fee". So for example, T...
by tibbitts
Fri Sep 15, 2017 8:02 pm
Forum: Investing - Theory, News & General
Topic: Investing in a Low-Return World: Howard Marks' 6 options
Replies: 44
Views: 3695

Re: Investing in a Low-Return World: Howard Marks' 6 options

MJW wrote:
Fri Sep 15, 2017 4:21 pm
I guess it's #2, but why isn't there an option to save more?
As a practical matter, because along with the low-return environment we also have low earnings. When real income decreases every year it's simply not possible for most people to save more.
by tibbitts
Fri Sep 15, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: 2017-18 Outback MPG
Replies: 19
Views: 962

Re: 2017-18 Outback MPG

I wonder how many here have or have had a Subaru? I really like the Outback as it seems like the perfect vehicle. I see many up here in the Northeast and most are quite old > 15 years old and still look quite good. The problem I have is most reviews are negative about this brand yet why do people k...
by tibbitts
Fri Sep 15, 2017 12:37 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Expense changes
Replies: 12
Views: 809

Re: TIAA Expense changes

We are in a similar situation with a 457 plan changing this month (not TIAA), however the effect is minimal for most people. Higher annual fee (about 3x higher, now over $30/yr), but more access to institutional funds (.25% less cost on average, resulting in .10% less net cost to participants.) Rema...
by tibbitts
Wed Sep 13, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning advice for young parents in Massachusetts
Replies: 33
Views: 2439

Re: Estate planning advice for young parents in Massachusetts

<t>I've been reading this forum and (stealthily) learning more about investing. But this is my first post.<br/> <br/> My husband and I are looking into estate planning. I'm in my mid-30s and he's in his mid 40's. We have have 2 young children under 3 years old, and may have one more. We live in Mas...
by tibbitts
Wed Sep 13, 2017 7:58 am
Forum: Investing - Theory, News & General
Topic: Upcoming 2017 changes to Vanguard REIT fund(s)
Replies: 23
Views: 4081

Re: Upcoming 2017 changes to Vanguard REIT fund(s)

I hold this fund in my IRA. I just tuned into this thread. It's not clear what will happen and what I might need to do. What about folks who have this as a highly appreciated taxable fund? Will they have to sell and pay big cap gains taxes? The only reason you would have to sell is if you want to t...
by tibbitts
Wed Sep 13, 2017 7:52 am
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 6784

Re: What If U.S. Stocks Stay Expensive For Years?

Not worried. Total World Stock Index for life. That too is running at high multiples. I can't think of an asset class that is not near its high intrinsic valuation. So save more or chase risky yield. Saving more sounds better. :sharebeer It doesn't sound that great if inflation-adjusted income decr...
by tibbitts
Wed Sep 13, 2017 12:49 am
Forum: Personal Consumer Issues
Topic: What money to store outside for disaster?
Replies: 57
Views: 4122

Re: What money to store outside for disaster?

investing1012 wrote:
Tue Sep 12, 2017 12:32 pm
You can put it in a ziplock bag.
No, at least not a typical consumer ziplock bag. I've used them for years and they are not waterproof for extended periods.
by tibbitts
Tue Sep 12, 2017 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: High Income Skills
Replies: 3
Views: 969

Re: High Income Skills

Hi boggle heads, Maybe spelling. Seriously it doesn't matter what we think; there are readily available statistics that show income for various professions. I see high income skills as a person who is a professional, is one of the best in their industry and has high market value. Everyone else sees...
by tibbitts
Tue Sep 12, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for 58 year old.
Replies: 23
Views: 1788

Re: Investment advice for 58 year old.

Thanks for the replies. I'm glad I came on this forum when I did. So here are some follow up questions. 1. How is SPY different from VTSAX? They are both index stock funds, right. Can you see any situation where one will tank and the other won't? Dividends are exactly the same, too. 2. Can you name...
by tibbitts
Tue Sep 12, 2017 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for 58 year old.
Replies: 23
Views: 1788

Re: Investment advice for 58 year old.

I'm thinking retirement in 4 years. Wife will work till she's 60.
If it were my wife you'd have to figure in a divorce during one of those three years when she's still working and you aren't. Maybe in the first week.
by tibbitts
Sun Sep 10, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 608
Views: 34375

Re: Equifax customer information leak

For example, I had most security enabled on my Discover card, but someone called them up and apparently knew enough about me to redeem my rewards balance ($200) to buy gift cards and have them change the password on my online account. It costs money to truly identify someone and it would be bad for...
by tibbitts
Sun Sep 10, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 608
Views: 34375

Re: Equifax customer information leak

Froze credit at Equifax, Innovis and Experian. TransUnion wouldn't let me freeze online or on phone, need to talk to agent Monday. For some reason neither Innovis nor Equifax charged me the $10 (In CA there is a $10 fee). Experian did. Maybe at the first 2 agencies, the freezing is a no-op :) This ...
by tibbitts
Sun Sep 10, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Anyone use Financial Engines?
Replies: 50
Views: 44250

Re: Anyone use Financial Engines?

I find the VG version useless because it's limited to 20(?) accounts - whatever the number is it's less than what I have, so it can't consider all my assets. This seems like a very low limit on accounts. I no longer use it on a regular basis because I find the tools at Fidelity and Personal Capital...
by tibbitts
Sun Sep 10, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Discover(card) Now Offers Free Social Security Number Alerts
Replies: 16
Views: 1614

Re: Discover(card) Now Offers Free Social Security Number Alerts

I opened my Discover Card account in 1986. At that time, it was one of the first (maybe the first) to offer credit card rebates. I used it to pay college tuition for my children and got some decent money in rebates. Being an early offer, the rebates started at 1/4 percent and ramped up to 1% when t...
by tibbitts
Sun Sep 10, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Anyone use Financial Engines?
Replies: 50
Views: 44250

Re: Anyone use Financial Engines?

I find the VG version useless because it's limited to 20(?) accounts - whatever the number is it's less than what I have, so it can't consider all my assets. This seems like a very low limit on accounts.
by tibbitts
Sun Sep 10, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Discover(card) Now Offers Free Social Security Number Alerts
Replies: 16
Views: 1614

Re: Discover(card) Now Offers Free Social Security Number Alerts

I signed up a few days ago. Had you already previously been getting the Discover card free monthly FICO score? If so, when you signed up for this new feature, did it reset the monthly date on which you get that score? (I was wondering if this could give a way to change the date.) I did not know tha...
by tibbitts
Sat Sep 09, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Scanning Documents for Long Term Storage
Replies: 20
Views: 1986

Re: Scanning Documents for Long Term Storage

I guess I would consider CD/DVD already somewhat of a dead format and I think reading it in the future will be similar to reading old computer tape formats today. I haven't found sufficiently convenient encryption for my cloud files so I just selectively encrypt a few files (like account/password in...
by tibbitts
Sat Sep 09, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 608
Views: 34375

Re: Equifax customer information leak

So I had never thought about this before but surely there must be services that will freeze and unfreeze at all services an infinite number of times with one request with a subscription model. So you pay a couple of dollars month or whatever and can freeze now, unfreeze briefly for someone to check ...
by tibbitts
Sat Sep 09, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: NW ~$0. Advice for next steps please!
Replies: 10
Views: 1571

Re: NW ~$0. Advice for next steps please!

bberris wrote:
Sat Sep 09, 2017 8:24 am
I wouldn't be too hard on yourself; you invested in your education which will have a very good return.

But if you are dead, that money went to waste. Do you have term life insurance?
That's a good point I hadn't thought of. At that age insurance for a healthy person should be cheap.
by tibbitts
Sat Sep 09, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Company Sold, Now does this make sense?
Replies: 13
Views: 2061

Re: Company Sold, Now does this make sense?

It doesn't matter if you use VG or Schwab or Fidelity or even exactly what percentage you put in what. You're overthinking that. All that matters is that you stop thinking like this: I do believe that the bull market will end in the next couple years... I'm new at this and appreciate any feedback. Y...
by tibbitts
Fri Sep 08, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: HVAC AC and furnace replacement quandary
Replies: 21
Views: 2370

Re: HVAC AC and furnace replacement quandary

Eleven years ago I had quotes for a 3-ton 15SEER and 80k btu furnace, two stage, varying from $7k to $14k. I got six quotes, five were $12-14k, the other was $7k. All were from established businesses not independent one-person shops, not that there's anything wrong with them. It was just luck that I...
by tibbitts
Thu Sep 07, 2017 10:05 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12317

Re: Florida Hurricanes: When and where to go?

A Cat 5 is not like the storms you describe . It is foolhardy to ride this out unless you are a moron ,ignoring all the advice given by state and local governments . Florida has not encountered a storm like this in modern history . If it misses and you have left you are out time time and bucks. If ...
by tibbitts
Thu Sep 07, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Waterproof container for documents-pending Florida hurricane
Replies: 29
Views: 2284

Re: Waterproof container for documents-pending Florida hurricane

Scan / photograph them, and store it in some cloud storage (iCloud, Box, Dropbox, etc., etc.). If you want, put the originals in your dishwasher (it is, after all, water-tight). dishwasher is a great idea I've read that but then I've also read concerns about the drain connection. Dishwashers do hav...
by tibbitts
Thu Sep 07, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Waterproof container for documents-pending Florida hurricane
Replies: 29
Views: 2284

Re: Waterproof container for documents-pending Florida hurricane

Scan / photograph them, and store it in some cloud storage (iCloud, Box, Dropbox, etc., etc.). If you want, put the originals in your dishwasher (it is, after all, water-tight). dishwasher is a great idea I've read that but then I've also read concerns about the drain connection. Dishwashers do hav...
by tibbitts
Tue Sep 05, 2017 12:16 am
Forum: Personal Finance (Not Investing)
Topic: If I died today, what would my spouse do?
Replies: 69
Views: 13741

Re: If I died today, what would my spouse do?

I told my wife to contact Bogleheads to get answers and if still not understandable then I asked her to contact Rick Ferri (Portfolio solutions) to have job done and being their client. Iam still thinking about trust option but I still havent read any books on that You do realize that Rick has move...
by tibbitts
Mon Sep 04, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12317

Re: Florida Hurricanes: When and where to go?

livesoft wrote:
Mon Sep 04, 2017 5:32 pm
I'd say this evening that anybody in the Florida panhandle that has the time / money for a nice week-long vacation should fly out Tuesday or Wednesday this week.
Why the panhandle specifically?
by tibbitts
Mon Sep 04, 2017 6:18 pm
Forum: Personal Consumer Issues
Topic: repairman broke washing machine, what would you do?
Replies: 42
Views: 3920

Re: repairman broke washing machine, what would you do?

With all the discussion of hoses... we have shut off valves right at the washer for the water feeding the hoses. We keep these closed except when doing a wash. One of those valves failed on me when I turned it off (not obviously, began leaking slowly) and created a mess. Several identical valves ha...
by tibbitts
Mon Sep 04, 2017 11:26 am
Forum: Investing - Theory, News & General
Topic: Why can't the future of stocks be predicted
Replies: 61
Views: 3116

Re: Why can't the future of stocks be predicted

If the future of stocks couldn't be predicted and everyone agreed on that, probably all investment markets would immediately tank due to all the people involved in the business of doing so suddenly being out of work. So of course the future of stocks can be predicted and is all the time, but being p...
by tibbitts
Mon Sep 04, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Are you a "car guy" or "car gal", how do you fund?
Replies: 41
Views: 2666

Re: Are you a "car guy" or "car gal", how do you fund?

A good part of the cost of being such a person for many people is the cost of the facility for storage and working on the vehicles - a new separate or attached building, probably a lift, plus non-car expenditures for tools and equipment that might be mostly one-time but can add up to tens of thousan...
by tibbitts
Sun Sep 03, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Landlord: My Experiences
Replies: 74
Views: 9636

Re: Becoming a Landlord: My Experiences

Knowing and finding good tradesmen/handymen- I consider this a very important part of landlording. My family has been involved in construction for a long time, which gives me an advantage. I think that's more than half the issue right there. If you have to get ten estimates every time you need a li...
by tibbitts
Sun Sep 03, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard - How to combine spouse accounts
Replies: 28
Views: 2764

Re: Vanguard - How to combine spouse accounts

I'm not sure I understand the problem. For taxable it seems like you would just make a new joint account and transfer whatever you chose to it. If you eventually transfer everything the original would just go away eventually. As far as I know transferring between/among spouses isn't a taxable event,...
by tibbitts
Sun Sep 03, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: 2 or 3 W-$ allowances for MFJ, no kids, 1 spouse w/taxable earned income?
Replies: 16
Views: 1060

Re: 2 or 3 W-$ allowances for MFJ, no kids, 1 spouse w/taxable earned income?

It seems like for me something very significant changes every year so I just can't predict. Basically my "strategy" is to just give everything to the government and then ask for it back later. I'll revisit if we ever see significant short-term interest rates again.
by tibbitts
Sun Sep 03, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Florida Hurricanes: When and where to go?
Replies: 141
Views: 12317

Re: Florida Hurricanes: When and where to go?

A lot depends on your employment situation. Some jobs require employees (and not just first responders) to stay and not evacuate. Many more jobs will not allow evacuating as early as would be necessarily to do so safely.
by tibbitts
Sun Sep 03, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Dad as Investment Advisor for Kids
Replies: 51
Views: 3739

Re: Dad as Investment Advisor for Kids

I manage my children's retirement account too. I even do their taxes every year. I had to beg one to let me do her tax to save her money, otherwise she wouldn't mind forge out $300 a year to an accountant. Last I've heard the last CPA she hired made some mistakes with bookkeeping for her business. ...
by tibbitts
Sun Sep 03, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: T-Mobile promotion for 55+
Replies: 83
Views: 7712

Re: Just saved $1000 / year on mobile plan

We pay about $13/month for two lines on Tracfone. Not unlimited, but we don't need it. We have more than enough minutes, texts, and data, and our coverage is good. +1 Been using Tracfone for many years. It works for us because we don't do a lot of travelling. Coverage is very good, with exception t...