Search found 6340 matches

by tibbitts
Sun Feb 26, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 88
Views: 5247

Re: risk of my Tesla deposit

I put down a $1000 refundable deposit for a Tesla 3 and I believe I'll be early enough to get the $7500 federal tax credit (the only reason I put the deposit down). Today's WSJ argues that Tesla is burning cash quickly. This makes me wonder if my deposit is at risk. As a 100% index fund investor I ...
by tibbitts
Sun Feb 26, 2017 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Should we wait before buying in?
Replies: 21
Views: 1518

Re: Should we wait before buying in?

We have nearly transferred all of our retirement funds to Vanguard, about $600K. Currently everything (but one stock) is in a Vanguard money market fund, prior to being invested per the plan Vanguard created for us a few months ago. I still think the plan is good, but I am concerned that are buying...
by tibbitts
Sat Feb 25, 2017 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 41
Views: 3498

Re: Check Your Beneficiaries!

On a side note: Has anyone ran into issues with naming beneficiaries when you don't know said person's ssn? I have a few I'd like to list, but don't want to alert and don't feel comfortable asking for the ssn. This seems to be more of a trend with most places I have investments in. Yes, I do. Some ...
by tibbitts
Sat Feb 25, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: VFIJX - GNMA Admiral - SEC Yield jumped?
Replies: 14
Views: 669

Re: VFIJX - GNMA Admiral - SEC Yield jumped?

I don't understand it either, but it seemed like the yield was unusually low until recently. 2.7% seems reasonable, but the abruptness of the movement does seem odd.
by tibbitts
Sat Feb 25, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Delivering a Large Check
Replies: 33
Views: 1959

Re: Delivering a Large Check

Right now, I'm waiting 6 months for a check that was mailed to me via regular mail to "expire" (it apparently had a "not valid after..." date on it), so the sender can resend it. They understandably don't want to pay the fee to stop payment on it. I can't prove it wasn't delivere...
by tibbitts
Sat Feb 25, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Delivering a Large Check
Replies: 33
Views: 1959

Re: Delivering a Large Check

At that amount you'd probably encounter inter-bank ACH limits. I'd just pay the $30 for $100k+, especially since the $30 comes out of someone else's money, not mine. It's not like you're comparing $30 to zero, you're comparing to some other cost. And since you'll require a signature, physically send...
by tibbitts
Sat Feb 25, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 41
Views: 3498

Re: Check Your Beneficiaries!

I do not know the exact reason(s), but perhaps banks and credit unions may not allow POD designations on checking accounts because of particilar rules/practices relating to the honoring of checks written by the deceased owner for a certain number of days after the owner's death. Be aware also that ...
by tibbitts
Sat Feb 25, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Check Your Beneficiaries!
Replies: 41
Views: 3498

Re: Check Your Beneficiaries!

Well, now that everyone is discussing it, it seems that I changed my VG beneficiaries (IRA) and POD (taxable) designations last year entirely online. Please tell me that's not because I have a mutual fund account and not a brokerage account.
by tibbitts
Sat Feb 25, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Bogleheads' Philosophy a Generalization?
Replies: 47
Views: 1870

Re: Bogleheads' Philosophy a Generalization?

Wellesley is just another mutual fund...it is subject to forces that affect other funds. It has performed well in the past, but that doesn't foretell the future. Wellesley has a large allocation toward large-cap dividend paying stocks....these have been popular as investors have sought higher incom...
by tibbitts
Tue Feb 21, 2017 1:11 am
Forum: Personal Consumer Issues
Topic: Any reason to delay using Turbotax to file taxes?
Replies: 13
Views: 1486

Re: Any reason to delay using Turbotax to file taxes?

You can't win. If you don't file now, someone else will for you using your ssn. If you file now, you'll receive five corrected 1099s over the next three months.
by tibbitts
Sun Feb 19, 2017 10:58 pm
Forum: Personal Consumer Issues
Topic: Car windshield wipers - go cheap or better?
Replies: 26
Views: 2601

Re: Car windshield wipers - go cheap or better?

I use Michelin which are a Consumer Reports Best Buy. They are cheap (under $10) and have worked as well or better than more expensive blades $20 and up. I found this to be true also! I bought and installed those on my Impala and Focus. They've been excellent on the Impala, very poor (noisy, don't ...
by tibbitts
Sun Feb 19, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Novice hotel billing question-Chase Sapphire rewards credit
Replies: 6
Views: 518

Re: Novice hotel billing question-Chase rewards credit

My wife and I are staying for 1 night at a hotel tonight. The room will be around $200. The Chase Rewards credit is $300. If we charge $100 worth of dinner/drinks/incidentals to the room, will those be billed as hotel charges and be eligible for the credit? I have six Chase rewards cards and have n...
by tibbitts
Sun Feb 19, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Novice hotel billing question-Chase Sapphire rewards credit
Replies: 6
Views: 518

Re: Novice hotel billing question-Chase rewards credit

My wife and I are staying for 1 night at a hotel tonight. The room will be around $200. The Chase Rewards credit is $300. If we charge $100 worth of dinner/drinks/incidentals to the room, will those be billed as hotel charges and be eligible for the credit? I have six Chase rewards cards and have n...
by tibbitts
Sun Feb 19, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Older parents advice.
Replies: 29
Views: 2606

Re: Older parents advice.

More details keep coming out that matter. Does this full-service broker charge a wrap fee? You started with "Treasuries" then moved on to "Treasury ETFs." 1.5% AUM might be coming out of those Treasury ETFs that are earning 1%, so now you're at -1% after taxes and might be in for...
by tibbitts
Sat Feb 18, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3598

Re: Vanguard Web Site Down?

News is in the journal today https://www.wsj.com/articles/index-fund-giant-vanguards-website-suffers-outage-1487379779 The problem was caused by an error during a planned technology update, a spokeswoman said. Full online functionality was fixed in under two hours and the majority of Vanguard’s “we...
by tibbitts
Sat Feb 18, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3598

Re: Vanguard Web Site Down?

Didn't Mr. Bogle reject taking on new accounts at times when he thought the funds he was associated with had too much new money coming in to handle ? I don't think Mr. Bogle has anything to do with the day to day operations at Vanguard now and may or may not see eye to eye with the present manageme...
by tibbitts
Sat Feb 18, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Long Day Trip: Drive Old Car or Rent Car?
Replies: 59
Views: 3403

Re: Long Day Trip: Drive Old Car or Rent Car?

If you rent regularly (and it sounds like you do/will), add a "non-owned vehicle" rider to your car insurance. They're relatively cheap (I think ours is about $50/year), and they cover all the stuff your credit card policy doesn't. Including the goofy administrative fees and "loss of...
by tibbitts
Sat Feb 18, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Web Site Down?
Replies: 98
Views: 3598

Re: Vanguard Web Site Down?

What would John Bogle say about this ? It`s very aggravating and will no doubt cause some people to switch brokers in full and/ in part.Vanguard better give a good explanation. He would say that if it was possible to squeeze another .01% out of the expense ratio, shutting the website down entirely ...
by tibbitts
Sat Feb 18, 2017 9:06 am
Forum: Personal Consumer Issues
Topic: Long Day Trip: Drive Old Car or Rent Car?
Replies: 59
Views: 3403

Re: Long Day Trip: Drive Old Car or Rent Car?

Unless you're planning to drive/park in a major metro area, rent the largest available reasonably priced car. Go farther than 135 miles and stay overnight somewhere.
by tibbitts
Fri Feb 17, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Saver's Tax Credit
Replies: 6
Views: 682

Re: Saver's Tax Credit

Receiving my final tax docs this week, I set about to see where I stood. A bit to my surprise, despite ongoing favorable treatment for QDIs and CG/CLs, rising interest rates had pushed me into a (small) tax due situation for the first time in years. Casting around for what to do short of pulling ou...
by tibbitts
Thu Feb 16, 2017 9:01 am
Forum: Investing - Theory, News & General
Topic: Scott Burns is Signing Off -- He'll be missed
Replies: 25
Views: 6353

Re: Scott Burns is Signing Off -- He'll be missed

I have followed Scott Burns for many years and had high hopes that he would place his finance column in good hands. He chose his long-time friend and co-author Lawrence Kotlikoff. Imagine my surprise and dismay upon reading Mr Kotlikoff's latest Feb12th column, where he spends most of his article o...
by tibbitts
Tue Feb 14, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Closed my Roth IRA due to political uncertainty - mistake???
Replies: 102
Views: 5678

Re: Closed my Roth IRA due to political uncertainty - mistake???

I'm new to investing, 42 yrs old, self-employed, and opened a Roth last year. I'm pretty risk averse and had a Vanguard target retirement with a 60/40 AA. However, I'm very concerned [paranoid?] that the current political climate will eventually cause the market to tank, so I closed my account and ...
by tibbitts
Sun Feb 12, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Photoshop - what to get?
Replies: 42
Views: 1895

Re: Photoshop - what to get?

I would also be concerned that using your DSLR to shoot thousands of slides might cause a lot of wear on the mechanical parts like the shutter. I think they're good for like half-a-million clicks. And I can shoot 1,000 on a vacation, so not too different. The real issue with DSLRs (for me) is obsol...
by tibbitts
Sun Feb 12, 2017 5:54 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans? (Update, Pg 3)
Replies: 123
Views: 13642

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans? (Update, Pg 3)

I'm confused about "update page 2" and "update page 3" - what does that mean? How can I find just the updates? I don't want to read the entire thread again.
by tibbitts
Sun Feb 12, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: Need to replace rear shocks?
Replies: 22
Views: 834

Re: Need to replace rear shocks?

I would suggest going to an independent mechanic that has been recommended to you by people you trust. You already said you do not trust the dealer, so a second opinion is definitely in order. This is like saying go to a financial adviser recommended to you by people you trust. How well is that lik...
by tibbitts
Sun Feb 12, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Percentile returns over time periods of the S&P 500
Replies: 7
Views: 762

Re: Percentile returns over time periods of the S&P 500

duffer wrote:I find the data to be rather reassuring.

I found the data to be about what I expected, but not reassuring in any way. All the available data covers a tiny time period, and I don't think there's any reason to believe that the future will be even remotely like the past.
by tibbitts
Sat Feb 11, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tires for an old car
Replies: 42
Views: 2624

Re: Tires for an old car

I have a 2003 Camry that needs new tires. For the past 4-5 months I have had about 4 instances where sometimes while driving it feels that the wheels spins, rpm shoots up but the car does not move. This is while driving and all of a sudden this happens for about 1-2 seconds and then it is fine. Too...
by tibbitts
Sat Feb 11, 2017 5:39 pm
Forum: Investing - Theory, News & General
Topic: Beat the market long-term? Yes, it can be done.
Replies: 133
Views: 1942

Re: Hard to Believe [Vanguard insights on VG Active funds beating market]

Vanguard active funds are some of the most popular funds on this site. I would even put the love affair with Wellington and Wessington on part with TSM. There is not really any hate for Vanguard active funds in general from what I've seen. Quite the opposite. Well, there's US Growth and there was t...
by tibbitts
Sat Feb 11, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Photoshop - what to get?
Replies: 42
Views: 1895

Re: Photoshop - what to get?

For a number of years I used Photoshop Elements. A couple of years ago I got a Canon DSLR and started using it more and then re-looked at my tools. I found Lightroom vs Photoshop Elements and it gave me key points to consider. I downloaded trial versions of both and ended up picking Lightroom (desk...
by tibbitts
Sat Feb 11, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Child on the Way - What to do for College Financing?
Replies: 116
Views: 6155

Re: Child on the Way - What to do for College Financing?

Agreed - this "Even Bill Gates' children" is one of the silliest statements I've ever read here on bogleheads. The conference speaker was apparently a quack. Some of the schools my children applied to said we should fill at FAFSA - it turned out to be a waste of time every time I did it (...
by tibbitts
Sat Feb 11, 2017 8:15 am
Forum: Personal Consumer Issues
Topic: Convince Wife for Honda Odyssey
Replies: 48
Views: 2634

Re: Convince Wife for Honda Odyssey

Dear Wife is against getting minivan as a replacement for her aging car. She prefers a SUV in the likes of chevy Tahoe or acura mdx. We have a 3mo old, and I think minivan would better serve our purpose, also since it will be easy on aging parents to get in/out. Would like to hear thoughts/advice. ...
by tibbitts
Fri Feb 10, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Child on the Way - What to do for College Financing?
Replies: 116
Views: 6155

Re: Child on the Way - What to do for College Financing?

I probably shouldn't comment since I'm not a parent (or even almost one, like the OP), but if I were, college financing would be the very lowest priority of everything I'd be thinking/worrying about. For all we know, by the time this child could even consider college, or whatever replaces it, that ...
by tibbitts
Fri Feb 10, 2017 7:47 am
Forum: Investing - Theory, News & General
Topic: Total Bond is safe. Is it prudent?
Replies: 39
Views: 3909

Re: Total Bond is safe. Is it prudent?

This is one of those pick-your-guru and pick-your-point-in-time-for-your-chosen-guru's-advice posts. I honestly don't think anybody saw the current economic circumstances coming and they're all (including Bogle) flailing away trying to deal with it somehow. I have no idea what will happen but in gen...
by tibbitts
Fri Feb 10, 2017 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Child on the Way - What to do for College Financing?
Replies: 116
Views: 6155

Re: Child on the Way - What to do for College Financing?

I probably shouldn't comment since I'm not a parent (or even almost one, like the OP), but if I were, college financing would be the very lowest priority of everything I'd be thinking/worrying about. For all we know, by the time this child could even consider college, or whatever replaces it, that l...
by tibbitts
Sun Feb 05, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: Walkable Florida
Replies: 17
Views: 1781

Re: Walkable Florida

Walking in Florida is nice for a few months of the year. The rest of the year your shoes will melt to the pavement. Nobody really wants to see you dripping sweat on the table at the restaurant. Also as you progress further in retirement, what's walkable now might not be tomorrow. By the time you can...
by tibbitts
Sat Feb 04, 2017 11:43 am
Forum: Personal Consumer Issues
Topic: Does anybody else out there still pay for an email address?
Replies: 61
Views: 4725

Re: Does anybody else out there still pay for an email address?

I will never use free mail. It "bogles" my mind that so many people, apparently, are unwilling to pay less than 1.70 USD per month for quality mail hosting. Interesting, I have never paid for an e-mail service. Of course, we just use the e-mail that comes with our cable service, or google...
by tibbitts
Fri Feb 03, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice please: early 30's tech employee, new mom, confused
Replies: 36
Views: 3789

Re: Career advice please: early 30's tech employee, new mom, confused

Think you are a little too "cart before the horse" right now, you're not even pregnant (from someone who's wife is 0 for 2, everything doesn't always go to plan). Bank another year or two of 200k/yr, get pregnant, take leave, then decide. Sounds like you're in a great position now so milk...
by tibbitts
Fri Feb 03, 2017 12:23 am
Forum: Personal Finance (Not Investing)
Topic: Different Advice Needed - Career Change to Investment
Replies: 12
Views: 1110

Re: Different Advice Needed - Career Change to Investment

Hi all, I am a young engineer and simply fell in love with long-term investment strategies. I have volunteered to help non-profit organizations with personal financing. I hope to transition into stock/mutual fund analyst or financial advisor (more than just earning commissions). What should I do? A...
by tibbitts
Fri Feb 03, 2017 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Career advice please: early 30's tech employee, new mom, confused
Replies: 36
Views: 3789

Re: Career advice please: early 30's tech employee, new mom, confused

200K? Have your kid... take your maternity leave...but then send them to the best daycare you can find and go back to your 200k job. +1 to this. My spouse and I both have tech jobs with two young kids. It's a combo rat race/grind at times, but if we work normal hours with occasional overtime, very ...
by tibbitts
Fri Feb 03, 2017 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Career advice please: early 30's tech employee, new mom, confused
Replies: 36
Views: 3789

Re: Career advice please: early 30's tech employee, new mom, confused

Nobody is going to suggest, or believe you'd consider, "sitting around doing nothing" at any point. Caring for a young child certainly doesn't qualify as "nothing", and there are so many other possible activities you'll have the freedom to pursue in the future. Yes, you are righ...
by tibbitts
Thu Feb 02, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice please: early 30's tech employee, new mom, confused
Replies: 36
Views: 3789

Re: Career advice please: early 30's tech employee, new mom, confused

Good point. We are very fortunate to have enough savings that we could both retire now if we wanted to, mostly from my husband's very high earnings earlier in his career. This is what enabled him to quit and start his own business with complete peace of mind last year. However, neither my husband n...
by tibbitts
Thu Feb 02, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice please: early 30's tech employee, new mom, confused
Replies: 36
Views: 3789

Re: Career advice please: early 30's tech employee, new mom, confused

Unless I missed it in the original post (possible), I don't see how anyone can comment without knowing what the amount and stability of the rest of the family income is, and/or how much savings are in place. Does the "option to work or not" mean forever? That's entirely different than for ...
by tibbitts
Wed Jan 25, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Full time to part time.
Replies: 41
Views: 3080

Re: Full time to part time.

You have to consider the answers ("lazy") in the context of the group you're asking the question to. Around here half the people making $250k are probably feeling guilty if they're not driving for Uber on the side. Around here it's just assumed that the higher income would be available and...
by tibbitts
Sun Jan 22, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Major Car Rental Issue
Replies: 19
Views: 1948

Re: Major Car Rental Issue

It's kind of surprising that in this and similar threads, people think that credit cards provide any assistance with problems like this. Most are very specific to collision damage. Example: you "collide" with a pothole and lose a wheel cover (yes, some cars still have wheel covers.) Not yo...
by tibbitts
Sun Jan 22, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Non-compete for Independent Contractor
Replies: 19
Views: 1544

Re: Non-compete for Independent Contractor

Has the IC asked the previous customer for a release? I am not a lawyer but I would think that for an IC an agreement for non-solicitation of existing customers, and expressly specifying/preventing transfer of intellectual property (maybe work product for the former client), would be more common tha...
by tibbitts
Wed Jan 18, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Rental car--new windshield crack
Replies: 14
Views: 1587

Re: Rental car--new windshield crack

I don't believe credit cards cover windshield damage, just like they don't cover loss of parts.
by tibbitts
Sat Jan 14, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 16833

Re: "Millennials may need to double how much they save for retirement"

baw703916 wrote:
livesoft wrote:^Clearly, everyone should join the military and not get drummed out by doing well in it.


Good idea. Ideally everyone should make Captain/Colonel.

This is the bogleheads forum: we don't tolerate such low aspirations around here.
by tibbitts
Sat Jan 14, 2017 4:14 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 16833

Re: "Millennials may need to double how much they save for retirement"

One of the problems with assumptions on this forum is that the frequently assumed lower investment returns going forward are going to happen in isolation - that decreasing salaries and benefits, and probably decreasing opportunities for any kind of employment for typical older workers (50? 45?) won'...
by tibbitts
Sat Jan 07, 2017 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Taking Some Money Off the Table
Replies: 22
Views: 2344

Re: Taking Some Money Off the Table

In a few months I will owe capital gains tax after selling shares of VTSAX in my taxable acccount to buy my house outright. And I will owe income tax on my 2016 IRA distributions. Total tax around $12K. Please tell me why I shouldn't take some money off the table now to pay these taxes while the ma...
by tibbitts
Fri Jan 06, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: 8.5% for 2016. Can I do better????
Replies: 27
Views: 4650

Re: 8.5% for 2016. Can I do better????

Ticker Name Allocation FSEVX Fidelity Extended Market Index Fund - Premium Class (mid-cap blend) 10.00% FSSVX Fidelity Small Cap Index Fund - Premium Class (small blend) 10.00% ... FSTVX Fidelity Total Market Index Fund - Premium Class (large blend) 20.00% Dont these 3 have significant overlap? so ...

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