Search found 184 matches

by tooluser
Fri Dec 01, 2017 9:16 pm
Forum: Investing - Theory, News & General
Topic: Is 60/40 mix the sleep mix or 80/20 mix
Replies: 38
Views: 3532

Re: Is 60/40 mix the sleep mix or 80/20 mix

Vanguard LIfeStrategy funds: I consider the higher fee compared to owning each fund separately to be the fee for Vanguard rebalancing my portfolio when I might be too distracted to do so myself. Worth it in my mind, $300-400 per year per $1M invested. It could save me from substantial losses in a ra...
by tooluser
Fri Dec 01, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Win Bigly - Scott Adams
Replies: 26
Views: 3698

Re: Win Bigly - Scott Adams

I'm not a big fan of self-help books (or TED Talks, which are essentially the same thing). I find the advice works best for the author/presenter, and I am lucky if I get even one idea I can work on for myself. Nevertheless I read or view them from time to time. Brain candy. I love it when people are...
by tooluser
Thu Nov 30, 2017 10:23 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10355

Re: Price of haircut?

$20 includes tip Suburban northeast ohio MCOL area Ditto Urban Los Angeles I could get a haircut for $8 including tip if I wanted a military cut. At $20 that works out to $40-60 an hour, or $24-36 per hour net if the shop takes half the base. That's not a terrible wage. I'm guessing the $8 cut take...
by tooluser
Mon Nov 20, 2017 11:40 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3670

Re: WSJ commentary about declining # of publicly traded companies

Rick Ferri's article referenced in that discussion: https://portfoliosolutions.com/latest-learnings/blog/incredible-shrinking-market Rick Ferri's article has a graph of the # of stocks in the Willshire 5000 index over time. It doesn't look cyclical. Thank you for the graph! I wish it went more to t...
by tooluser
Mon Nov 20, 2017 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Add international value?
Replies: 10
Views: 1200

Re: Add international value?

I have a 10-speed portfolio (in taxable) of 10% allocation to each of 10 categories, one of which is international value (iShares EFV, European Value). That was down relative to the other sectors for a long time, and I often bought shares to keep it in line. What a terrible waste to keep throwing mo...
by tooluser
Sat Nov 18, 2017 11:44 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3670

Re: WSJ commentary about declining # of publicly traded companies

But even bigger is the amount of information turned over that can often be proprietary in a way that reduces competitive advantages. It’s a huge competitive advantage to be private for that reason. Now we're getting somewhere, and yet... It's the law that companies can protect their proprietary inf...
by tooluser
Sat Nov 18, 2017 11:23 pm
Forum: Personal Consumer Issues
Topic: Auto Insurance: AAA vs. Travellers
Replies: 18
Views: 1055

Re: Auto Insurance: AAA vs. Travellers

It's kind of confusing, because sometimes insurers operate under multiple names but here's what they published for CA. My insurer operates under at least 48 names. It's a major company, and only 13 of the names include the name of the parent insurance company. I think they do that to spread out the...
by tooluser
Sat Nov 18, 2017 10:56 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3670

Re: WSJ commentary about declining # of publicly traded companies

Sarbannes-Oxley. I note for the record that no one ever provides specifics after mentioning that phrase. Thus it appears to be nonsense to the casual observer, though you may in fact be correct. I don't know. The top hit on bogleheads.org is a very short thread: https://www.bogleheads.org/forum/vie...
by tooluser
Sat Nov 18, 2017 9:53 pm
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3670

Re: WSJ commentary about declining # of publicly traded companies

Sarbannes-Oxley. I note for the record that no one ever provides specifics after mentioning that phrase. Thus it appears to be nonsense to the casual observer, though you may in fact be correct. I don't know. The top hit on bogleheads.org is a very short thread: https://www.bogleheads.org/forum/vie...
by tooluser
Sat Nov 18, 2017 9:18 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9403

Re: Thoughts about wearing a "uniform"/same thing everyday?

I arranged my shirts in my closet so laundered shirts went in on the left and I picked shirts to wear from the right (This is basic fairness so some shirts didn't feel left out.) :!: I am more likely to spill my breakfast on a favored shirt than on one less so ensorcelled. Correlated with how favor...
by tooluser
Sat Nov 18, 2017 9:02 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9403

Re: Thoughts about wearing a "uniform"/same thing everyday?

TomatoTomahto wrote:
Mon Nov 13, 2017 9:17 am
After 3 or 4 weeks, the pants walk by themselves.
Saves one a trip to the office... :mrgreen:
by tooluser
Sat Nov 18, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Bank of America Premium Rewards card
Replies: 13
Views: 1269

Re: Bank of America Premium Rewards card

Look for the "Your Credit Card Rewards Strategy" thread elsewhere on this site - lots of info there. My own experience was that I was already a longtime BofA customer :happy, and decided I would also open a Merrill Edge account to get the cash bonus and other rewards you mention. The ME account open...
by tooluser
Fri Nov 10, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 9403

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I've read some, but not all of the posts. If you think appearance plays no role in career advancement, I think you are mistaken. There may be exceptions, and it may be on the margins, but it is still there. I know of people in my lifetime who worked in conservative industries and wore no socks and ...
by tooluser
Wed Nov 08, 2017 11:28 pm
Forum: Personal Consumer Issues
Topic: Benefits at 55
Replies: 7
Views: 1321

Re: Benefits at 55

There is a wiki with checklist important retirement dates. https://www.bogleheads.org/wiki/Checklist_of_important_retirement_dates I suggest the wiki entry for age 50+ be updated to state age 49 instead. One is eligible to make catch up contributions starting in the calendar year in which one turns...
by tooluser
Sun Nov 05, 2017 8:56 pm
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4844

Re: Does Blackrock think it's all a game?

Proper gamification should include: Training Equipment Practice Scrimmage Official Play Record Keeping Meaningful Awards for Top Performance External Critiques A Path to Professional Level Play Agents as An Enabler to Greater Success Where are these in your own life? Which areas in the financial wor...
by tooluser
Thu Nov 02, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Warning Buffet Indicator?!?
Replies: 31
Views: 2563

Re: Warning Buffet Indicator?!?

If you pay in advance it will not be good. If you pay in the middle, only the first part will be good (Souplantation does this). If you pay at the end it has a decent chance of being good, but is not a guarantee. Avoid Palm Springs and the area around Mammoth Caves. If you are over 40, don't try to ...
by tooluser
Fri Oct 20, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Returning only the signature page [of a legal document]
Replies: 12
Views: 1192

Re: Returning only the signature page [of a legal document]

I recently had to get my signature on a document notarized. The notary would not affirm the signature unless the entire document was present. I had to go home, print another page, and come back the next day because there were two almost identical pages in the document. Only the page numbers differed...
by tooluser
Thu Oct 19, 2017 10:12 pm
Forum: Personal Consumer Issues
Topic: Pant Recommendations (Business Casual)
Replies: 42
Views: 2869

Re: Pant Recommendations (Business Casual)

Brands have different fits now, but you seem to be concerned about the waist only. If the pants are too tight around the waist, they don't fit properly. Different brands can vary for the same nominal waist size, but even then the different models within the brand can vary, so you have to try them o...
by tooluser
Thu Oct 19, 2017 9:48 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45077

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

I don't know if he knew the size of my account or if he was (more likely) just phoning everyone on his list. I'm pretty sure they have your account details in front of them when they call. I get a call from the nice man *only* when I deposit 10k or more. Since I don't want to talk to anybody I am l...
by tooluser
Tue Oct 17, 2017 9:45 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 484
Views: 45077

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

I just happen to be in the middle of trying to transfer some ETFs (Vanguard and iShares) from TD Ameritrade to a new Merrill Edge account. My impression so far is that ME is incompetent, though I am reserving final judgment on that. Several trivial mistakes on their part (e.g. two typos they made wh...
by tooluser
Sun Oct 15, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

One way my former employer handled it was to use (age + years of service) as its threshold. In that way, older employees with less service were held harmless (which had to help with "disparate impact" lawsuits) and younger, longer-term loyal employees were also held harmless. You might suggest some...
by tooluser
Wed Oct 11, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2855

Re: Social Security Card - Should I get a Replacement

As I recall it was just a blue slip of cardboard, not exactly secure or anything. Mine was heavy stock paper, not even paperboard, yet alone cardboard. It was stolen in a burglary a couple of years ago. At the time, to replace it would have meant sitting in the social security office several miles ...
by tooluser
Mon Oct 09, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7937

Re: Do you want your receipt?

investorpeter wrote:
Sat Oct 07, 2017 12:22 pm
(... if I'm doing the laundry, it will not be found until the next time I wear those pants and find a little ball of paper at the bottom of my pocket). What do Bogleheads do?
I always carefully uncrumple the little ball of paper to see if there is still any writing on it. :confused
by tooluser
Sat Oct 07, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Wow, so you're represented by a (weak) union, yet the benefits are not negotiated in the contract? In my workplace any adjustment to the retirement benefits would require us agreeing to a change in the CBA. Also, as mentioned above, some union pension plans ("multi-employer") are not covered by the...
by tooluser
Sat Oct 07, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

It is a bit of a race to the bottom. Part of a business and government trend to push risk to individuals. On the business side it has become acceptable to do this and a company might be questioned as to why they aren't doing this to maximize earnings. On the government side there is always a concer...
by tooluser
Sat Oct 07, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Several times I have seen or heard of the series of layoffs that go something like; 1) Great package that anyone that is eligible for should jump at especially if they have other healthcare options and want to retire early. 2) Still really good and most people will be able find other work and do OK...
by tooluser
Fri Oct 06, 2017 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10568

Re: Third time in my 32 year career I have been laid off

Condolences, I feel a little better now, maybe. :? (See Pension Freeze thread.)
If I were in your position I would seek a little more for assets or income. Not a whole lot though. Very tempting.
Plan B - retire at a more modest lifestyle. Freedom isn't free.
by tooluser
Fri Oct 06, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

2) My company gave credit for additional years of service in the lump sum calculation to people who had worked there more than ten years. This helped the older employees do OK . I am not sure how common that is. Thank you to all the comments so far. The item 2) above I had not considered and may be...
by tooluser
Fri Oct 06, 2017 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

I’m surprised a freeze would have such a significant impact to a long-term employee unless you expect your income to ramp upconsiderably in next two years? You’re entitled to what you’ve already accrued All depends on the formula. I have seen plenty of plans that really add significantly to the pay...
by tooluser
Fri Oct 06, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Since you are a saver, it may be to your advantage that future contributions are now in your name. In some sense, maybe. My initial calculations have indicated a significant loss in NPV. At least a couple of years in savings and earnings. I have to tune that calculation up to really know. If the st...
by tooluser
Fri Oct 06, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Some organizations do pension freezes to encourage a higher level of attrition, often primarily older workers. It's easier if people leave on their own without any layoffs. They aren't doing it to benefit employees. Not quite "on their own", but your point is valid. My company has engaged in such "...
by tooluser
Fri Oct 06, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Also, he is not losing anything, all earned credits will stand. Yes, this is factually correct. For now. Psychologically, it diminishes each and every employee, and therefore the company as a whole. No real progress is made, and the slope is downward. As is acknowledged at bogleheads.org, the psych...
by tooluser
Fri Oct 06, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Dottie57 wrote:
Fri Oct 06, 2017 7:58 pm

How in the world can a pension have a npv of 10k? How long have you worked for the company and what would you have received on annual basis?
My point exactly - that's a low amount that only short-timers would amass. I'm sure my NPV is much higher and I cannot receive a lump sum.
by tooluser
Fri Oct 06, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

Tooluser, I' am sorry to hear of your pension. I think the faster you can get to acceptance the better for you & your family. What I would do is pick 1 fund. Something like the LifeStrategy fund, that is very diversified with a low ER. Then, I put would as much money into it as possible. I would no...
by tooluser
Fri Oct 06, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

I am very sorry to hear this. I kind of hate to say this, but have you thought of contacting a lawyer or contacting your state's department of labor. Too me it seems too good for the company to be able to not follow through on what is essentially part of your payment for work. What state is this oc...
by tooluser
Fri Oct 06, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

I assume you are not a represented employee. They can't take back what you have vested in the defined benefit plan. All companies are doing away with defined benefit plans and switching to defined contribution plans. Depending on the company match and investment choices you can do better investing ...
by tooluser
Fri Oct 06, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Re: Pension Freeze - What did you do?

There is nothing TO do!! :( This decision was made essentially to save the company as likely they were hemorrhaging and had to stop the bleeding. It is happening everywhere. Even the UC is now pushing defined contribution plans. That is why so many recommend not counting pensions when calculating r...
by tooluser
Fri Oct 06, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Freeze - What did you do?
Replies: 71
Views: 5997

Pension Freeze - What did you do?

My company has stated it will freeze the pension plans at the end of the next fiscal year. I am wondering what others did in similar situations. It's a hard freeze where they will maintain any vested benefit but move onto a completely new defined contribution plan for all. The new plan is somewhat g...
by tooluser
Thu Sep 28, 2017 9:44 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 110
Views: 11922

Re: VG wants everyone to transfer to a brokerage account?

I finally received an invite e-mail a few weeks ago, having been a customer for about 20 years, and owning nothing but mutual funds there. Everything has transferred smoothly. Trust accounts require a mailed-in form, the others were completed with very little effort on-line. It opens the door to eas...
by tooluser
Sat Sep 23, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 79
Views: 6988

Re: california homeowners - do you have earthquake insurance?

temblor.net is quite interesting. While I heard about earthquakes in Oklahoma, this site really highlights it. Voltron, thanks for sharing Ditto from Los Angeles, Voltron. Assuming that site is accurate (I have no reason to believe it isn't)... It looks like I would pay approx. 0.2% per year of the...
by tooluser
Fri Sep 22, 2017 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8915

Re: Age you retired

Retired July 28 2017. Age58. Put in 39 years with UPS. 37 fulltime as a pkg car driver. Needless to say this Christmas is going to be heaven! :D A long time ago, my Dad gave a UPS driver a large piece of cheese as a "tip". One Christmas we had the same guy putting packages on our porch night after ...
by tooluser
Fri Sep 22, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8915

Re: Age you retired

Retired July 28 2017. Age58. Put in 39 years with UPS. 37 fulltime as a pkg car driver. Needless to say this Christmas is going to be heaven! :D A long time ago, my Dad gave a UPS driver a large piece of cheese as a "tip". One Christmas we had the same guy putting packages on our porch night after ...
by tooluser
Fri Sep 15, 2017 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help buying first house in Huntsville, Alabama
Replies: 12
Views: 1240

Re: Help buying first house in Huntsville, Alabama

Make sure the policy includes wind coverage. Huntsville is in tornado alley. I've heard good things about the schools in Madison. A realtor saves you time, especially if you're moving in from elsewhere and will only be in town house hunting for a short time before the move. If you don't use a realt...
by tooluser
Fri Sep 15, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 19761

Re: Is it really Worth it to brown bag your lunch at work?

Brown paper lunch bags: approx. $0.10 each at Amazon.com Reusable lunch bags: approx. $5-10 each at Amazon.com So you're wasting $20-30 a year if you're not using a reusable bag. Disclaimer: I almost never bring my lunch. Special circumstances only. Otherwise I would eat at my desk too often. I need...
by tooluser
Fri Sep 15, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade an old but functional vanity?
Replies: 23
Views: 1513

Re: Should I upgrade an old but functional vanity?

The selling advice I have gotten from real estate agents in the past is to not update anything, only fix broken items. Very few improvements pay back 100% or more (e.g. adding a second bathroom to a one bathroom house). So don't do it for the money. However, if you're going to live there a while, an...
by tooluser
Mon Sep 04, 2017 10:22 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6837

Re: The "interest rates are so low....why would you"arguments

indexonlyplease wrote:
Mon Sep 04, 2017 7:19 am
Higher taxes
Higher electric bill
Higher water bill
Higher lawn and landscape expenses
When thinks start to break everything cost more
And no shared walls.

Worth every penny.
by tooluser
Sat Sep 02, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: What if?- a glut of 'baby-boomers' buying SPIAs at age 75-85?
Replies: 23
Views: 1936

Re: What if?- a glut of 'baby-boomers' buying SPIAs at age 75-85?

What does this refer to? Oh! An equal # of baby boomers still under age 65 when Gen Xers reach avg. age 65. They are never the majority working population? Yep. It tweaks me to no end that the general population has been led to believe that Gen X is irrelevant, when they are nearly as large a group...
by tooluser
Sat Sep 02, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: What if?- a glut of 'baby-boomers' buying SPIAs at age 75-85?
Replies: 23
Views: 1936

Re: What if?- a glut of 'baby-boomers' buying SPIAs at age 75-85?

Gen X always rules, because of Billy Idol: https://www.google.com/search?q=billy+idol+gen+x&ie=utf-8&oe=utf-8 Didn't know Idol was in a band called Generation X (starting in 1976) did you? I did not! And history of rock n roll is one of my minor hobbies! I caught their top hit on youtube and am now...
by tooluser
Sat Sep 02, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Financial reading website with regular updates
Replies: 19
Views: 4582

Re: Financial reading website with regular updates

This site is, hands down, the BEST investment/retirement site i have found. Ditto. Bogleheads.org greatly changed my investing philosophy, and more importantly my confidence and success at it. There is some noise here, but it tends be well-intentioned and food for thought, rather than an urgent emo...
by tooluser
Sat Sep 02, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need a trust?
Replies: 55
Views: 6250

Re: Do I really need a trust?

Thank you for posting details. When I had mine set up I had very little time allotted and went the professional route. While after the fact I could determine that the lawyer did a good job, I could not research so many ins, outs, and gotchas to have confidence myself beforehand. It can be done.