Search found 633 matches

by sco
Sun Dec 03, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 97
Views: 7706

Re: GE - a good value?

GE has the commercial Jet market's Engines for the moment. All it takes is a lower price to change that.

They do not have the part 135/91 Turbine Business locked down as well.
by sco
Fri Dec 01, 2017 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell some of my Berkshire stock
Replies: 31
Views: 2749

Re: Should I sell some of my Berkshire stock

We have one share of BRK.A remaining. Our heirs are going to enjoy the stepped up basis. It is our only voluntary exposure to an individual stock (we don’t have any say on unvested RSUs). It has done well for us, but so has PRIMECAP and TSM. OP, I would tax gain harvest as much as you can, but save...
by sco
Thu Nov 30, 2017 12:15 am
Forum: Personal Finance (Not Investing)
Topic: How much home can we afford?
Replies: 29
Views: 1693

Re: How much home can we afford?

How much are you planning on putting down for this house? How much excess do you have in your monthly budget + the rent you currently pay, do you have to fund this mortgage?

The Mortgage Deduction is often overrated, perhaps not in this case. But it often is..
by sco
Wed Nov 29, 2017 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Dental bill four years after service
Replies: 32
Views: 3652

Re: Dental bill four years after service

Call them and say "You realize that that I have no documentation anymore to backup your claim of payment due?" See what they say, and what they can produce, including the response from the insurance company. Put it back on them, let them spend the hours on it.
by sco
Wed Nov 22, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 40
Views: 3919

Re: Your favorite Costco wines?

You can also go in anytime, with a gift card purchased by a member. This loophole does *not* allow you to buy alcohol and some other items such as glasses/contacts. At least, that's what my Costco told me multiple times. How odd. Must be some state law about buying booze with Gift cards? It is done...
by sco
Tue Nov 21, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Help DW gets fired, but then next day her boss offers her job back
Replies: 156
Views: 12028

Re: Help DW gets fired, but then next day her boss offers her job back

Mike Scott wrote:
Tue Nov 21, 2017 9:37 pm
I would seriously question going back to this job/boss at any salary.
I agree completely. If they truly had someone lined up that was just cheaper, well why would you go back to that?
by sco
Tue Nov 21, 2017 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3707

Re: Planning for the final months of work

Keep in mind that if you need real investment advice you can also simply right a check and get it on an hourly basis anytime you would like, for far less what you are paying yearly. It would not be typical for someone to need this level of advice yearly, just maybe an hour or two consult if even tha...
by sco
Tue Nov 21, 2017 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3707

Re: Planning for the final months of work

Why don't you just post your list of funds/tickers with the ERs?
We don't need to know $$$ amounts or anything.
by sco
Tue Nov 21, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3707

Re: Planning for the final months of work

1.3% would be the AUM fee. Vanguard is charging .3% I believe for PAS service. This is just the charge to manage assets, this is not the total cost. AUM=Assets Under Management So then how much are you charged on the funds themselves, they will have an annual expense ratio? All funds and ETF's have ...
by sco
Tue Nov 21, 2017 12:07 am
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3707

Re: Planning for the final months of work

Your best bet is going to ditch Edward Jones. You don't have to go to Vanguard, there are others. But before doing anything you do need to do a fair amount of reading. Understand that you won't get straight answers out of EJ. 11% is fine for the year, but does that include all your costs? Are you su...
by sco
Mon Nov 20, 2017 11:21 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5768

Re: How much do you budget for vacation?

I've spent $1700 to take a family of four first class to the carribean for a week. And I've spent 10k on two big vacations for the year.
It has always been somewhere between those two numbers. I don't count weekend getaways, we don't do a lot of those right now.
by sco
Mon Nov 20, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 5768

Re: How much do you budget for vacation?

Speaking of vacations, does anyone else struggle with feeling some remorse due to the carbon footprint created from traveling? Nope, the planes and trains are going whether you are on it or not. My company travel agent does allow me to purchase carbon credits as part of my travel, of course I can't...
by sco
Mon Nov 20, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 40
Views: 3919

Re: Your favorite Costco wines?

I grab anything rated in the 90's under $15. I have had many outstanding wines. I no longer buy wine anywhere else. PS you don't have to be a member. Interesting. How does one buy wine at Costco without being a member? You can use the eye doctor, buy alcohol, and pharmacy without a membership due t...
by sco
Fri Nov 17, 2017 11:05 pm
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 40
Views: 3704

Re: Upgrading a flight - what are your rules?

Upgrading to me doesn't involve $$$ it involves MIles, so it is tilted more towards the lower end. Me by myself > 5 hrs I'd like an upgrade. Same with the wife. With kids, it depends on the plane and the trip. What good is upgrading if you can't be near each other? I've done numerous trips in first ...
by sco
Fri Nov 17, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Help - Parent's finances
Replies: 46
Views: 1945

Re: Variable Annuity Help - Parent's finances

Just reading all this confusing discussion should be enough to discourage anyone considering purchasing a new Variable annuity. I can't even understand all the options that the OPs parents have at this moment. It is intentionally created to be confusing.. Look good, and hide the fees.
by sco
Thu Nov 16, 2017 9:51 am
Forum: Investing - Theory, News & General
Topic: Is treating all accounts as one bucket really simpler
Replies: 21
Views: 2776

Re: Is treating all accounts as one bucket really simpler

I have 1 account that has multiple holdings. All other accounts have 1 single fund.

For me this makes rebalancing easier, and yes there are tax benefits.

Having a spreadsheet makes rebalancing a 5 minute job.
by sco
Wed Nov 15, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: CVS Health 401k plan change- FYI
Replies: 7
Views: 1083

Re: CVS Health 401k plan change- FYI

So I guess those making over $370k per year won't be able to get the full match. 5% would hit the 18,500 yearly cap. 5% Contribution + 5% Match = ?????? The yearly IRS cap is on Contributions, not matches. The Matches would be limited by not being able to do 5% each paycheck, at least not all year....
by sco
Wed Nov 15, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: CVS Health 401k plan change- FYI
Replies: 7
Views: 1083

Re: CVS Health 401k plan change- FYI

So I guess those making over $370k per year won't be able to get the full match. 5% would hit the 18,500 yearly cap. Participants in a 401k plan cannot receive benefits on compensation over $275k for 2018. If the matching formula is 100% of deferrals up to 5% of compensation, the maximum matching c...
by sco
Wed Nov 15, 2017 1:16 am
Forum: Investing - Theory, News & General
Topic: CVS Health 401k plan change- FYI
Replies: 7
Views: 1083

Re: CVS Health 401k plan change- FYI

So I guess those making over $370k per year won't be able to get the full match. 5% would hit the 18,500 yearly cap.
by sco
Tue Nov 14, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Wife's 401k investment options (high fees!)
Replies: 26
Views: 1339

Re: Wife's 401k investment options (high fees!)

Also consider how long she will be at this job. If she is only there 5-10 years, I probably wouldn't bother bringing it up. Over 30-40 years it could add up. Of course they will likely change their provider during that time anyway..
by sco
Tue Nov 14, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 3433

Re: What's your weighted average expense ratio?

5 basis points, on average. The majority of my assets (Total Stock Market) is at 3 1/2 basis points, with International being the most expensive at 10 basis points.
by sco
Sat Nov 11, 2017 8:11 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 184
Views: 16801

Re: Flying first class, business, versus economy.

Look into gathering Miles for the upgrades too. Not always a sure thing, but often you can buy a economy ticket (perhaps not the cheapest) and upgrade to business. Great use in my opinion. Or just spend the miles on a pure business or first ticket, you may need several thousand miles. Check out flye...
by sco
Sat Nov 11, 2017 4:17 pm
Forum: Personal Consumer Issues
Topic: 450,000 American Airlines MILES gifted to me - how to book
Replies: 25
Views: 2390

Re: 450,000 American Airlines MILES gifted to me - how to book

He can book trips for anyone he would like. He can will them to you, make sure the paperwork is in order.

Don’t pay to gift them, this rarely makes sense to do.
by sco
Sat Nov 11, 2017 1:14 am
Forum: Investing - Help with Personal Investments
Topic: Criticize my portfolio please but have mercy on me
Replies: 21
Views: 2439

Re: Criticize my portfolio please but have mercy on me

You don't have a 400k Emergency fund... You have a 200k Emergency Fund, and 200k set aside for your next house within a year. You could change this, but this is what you have told us so far. What are your actual annual expenses? I guess 400k could be appropriate, but so could 60k... Do I understand ...
by sco
Sat Nov 11, 2017 12:21 am
Forum: Personal Consumer Issues
Topic: How to buy a new car with a trade-in.
Replies: 24
Views: 1596

Re: How to buy a new car with a trade-in.

I would never tell you to make sure that engine light fails, before you traded it in..
by sco
Thu Nov 09, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Term Life - Time to cancel?
Replies: 33
Views: 2798

Re: Term Life - Time to cancel?

That certainly isn't Term insurance, you've paid a lot over the years for that Dividend "discount" on a rather inflated rate. It is renewable term. When I started, it was $642 a year for $767,000 of coverage. If it is really term, I'd shop for a better rate if you determine that you still need the ...
by sco
Thu Nov 09, 2017 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insruance Payment
Replies: 29
Views: 1591

Re: Auto Insruance Payment

Geico lets you pay 6 months on your card.


And you should shop it every year or two, it changes..
by sco
Wed Nov 08, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life - Time to cancel?
Replies: 33
Views: 2798

Re: Term Life - Time to cancel?

That certainly isn't Term insurance, you've paid a lot over the years for that Dividend "discount" on a rather inflated rate.
by sco
Sun Nov 05, 2017 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Should I open an account with Vanguard?
Replies: 28
Views: 2141

Re: Should I open an account with Vanguard?

I use Fidelity, but use all the Boglehead Principals there.... I only do this because of 3 reasons, 1. Employer accounts (401k/403b) are at Fidelity, so I'll have those accounts anyway 2. 2% cash back Visa Card 3. Simplicity, one place for all investment accounts. One Contact number, One website/pla...
by sco
Sun Nov 05, 2017 11:22 pm
Forum: Personal Consumer Issues
Topic: Heavy duty cordless drill/hammerdrill recommendation
Replies: 42
Views: 3234

Re: Heavy duty cordless drill/hammerdrill recommendation

I know you do this daily, and so this may not apply to you... But for general home use I haven't found any better setup than Rigid. They make ALMOST everything that I want, the batteries all work together and everythign including the batteries are replaced with a lifetime warranty. Around the holida...
by sco
Fri Nov 03, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Lease New Car?
Replies: 38
Views: 4455

Re: Lease New Car?

+1. This is so commonly brought up on this board as a reason to buy new vehicles every few years and IMO it is simply a rationalization. The difference in safety between a well maintained car produced in the last decade and a brand new one is infinitesimally small. I agree completely. There have be...
by sco
Fri Nov 03, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Lease New Car?
Replies: 38
Views: 4455

Re: Lease New Car?

duplicate
by sco
Fri Nov 03, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 308
Views: 22246

Re: To take or not to take delivery of Tesla 3

wrongfunds wrote:
Wed Nov 01, 2017 4:11 pm
Well, my niece just purchased out the door (in VA) a brand spanking new VW Jetta for

ARE YOU READY

ARE YOU READY


$12.5K


Aren't you now unhappy about your $19.5 Civic purchase? :twisted:

Wow!!!
by sco
Fri Nov 03, 2017 8:54 pm
Forum: Personal Consumer Issues
Topic: "Best" Online Degree if already a college graduate
Replies: 120
Views: 14978

Re: "Best" Online Degree if already a college graduate

Anyone that went to a for profit degree mill, like UOP, tells me they went for the piece of paper and wasn’t serious about the actual education. It’s not a neutral, it’s a negative and I’d never consider hiring someone who has a UOP degree. I get you have to filter on stuff, as there are so many ap...
by sco
Fri Nov 03, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: "Best" Online Degree if already a college graduate
Replies: 120
Views: 14978

Re: "Best" Online Degree if already a college graduate

In my 30 year megacorp career, the best place to get a degree is where the hiring manager (or CFO, or HR Head) went to school! One of my CFO's got his degree at Princeton. If you didn't go there, or at least to an Ivy, you were way down the chain. Next CFO (same Fortune 50 company) went to Wichita ...
by sco
Fri Nov 03, 2017 10:37 am
Forum: Investing - Help with Personal Investments
Topic: what % return do you use?
Replies: 62
Views: 4201

Re: what % return do you use?

My guess is 5% real.

Just so I have some idea, I know that it won't end up being as linear..
by sco
Thu Nov 02, 2017 10:44 pm
Forum: Personal Consumer Issues
Topic: "Best" Online Degree if already a college graduate
Replies: 120
Views: 14978

Re: "Best" Online Degree if already a college graduate

Anyone that went to a for profit degree mill, like UOP, tells me they went for the piece of paper and wasn’t serious about the actual education. It’s not a neutral, it’s a negative and I’d never consider hiring someone who has a UOP degree. I get you have to filter on stuff, as there are so many ap...
by sco
Wed Nov 01, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8972

Re: My 401k is almost all cash now. 1/2 Mil

It has cost you a lot of money just sitting on that much cash, and not just the market returns that you could have had. Find a stock/bond allocation that you can live/sleep with and stick with it. I'd suggest something like 50/50 or 40/60? But would you be able to stick with it? 1/2 Million isn't en...
by sco
Wed Nov 01, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Southwest Companion Pass [California only]
Replies: 54
Views: 4478

Re: Southwest Companion Pass [California only]

tapotti wrote:
Wed Nov 01, 2017 2:46 pm
Just got approved as well.

Are you sure about that 2 years deal?
It all depends when the points post, and they will always give you the pass for your current year and then the next one.
by sco
Tue Oct 31, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Fuel treatments for small engines
Replies: 32
Views: 2155

Re: Fuel treatments for small engines

sunny_socal wrote:
Tue Oct 31, 2017 2:13 pm

My Stihl chainsaw manual specifies high octane gas. I therefore use it in all my small engines and they haven't complained! 8-)
I don't own a chainsaw. :)

Yeah the others won't complain, just don't need it. I'd do the same.
by sco
Tue Oct 31, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: Fuel treatments for small engines
Replies: 32
Views: 2155

Re: Fuel treatments for small engines

For my snow blower and lawn mower I only use high octane fuel which has no ethanol. I thought that was common knowledge. When not in use I put stabilizer in the tanks and run the engine once. Myth buster; only MO and MT permit ethanol-free premium fuel. BTW ethanol has an octane rating of 113. I ca...
by sco
Mon Oct 30, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: How to request 401k fund changes from employer?
Replies: 4
Views: 460

Re: How to request 401k fund changes from employer?

That is a great plan and has everything you need, although not necessarily everything that you want.....

If you do ask for changes, don't be surprised if it falls on deaf ears.

You have a really good plan already.
by sco
Mon Oct 30, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 HSA sanity check (two HDHP and 2 HSA's)
Replies: 18
Views: 889

Re: 2018 HSA sanity check (two HDHP and 2 HSA's)

In your scenario she will receive 100% of her benefit from 62 until you claim at 70, then you will receive 100% of your benefit and she would receive 50% of your benefit. Regardless of the order of passing the widow/widow will receive 100% of your benefit. So you should factor that into your planni...
by sco
Mon Oct 30, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: Interesting twist to "Free 2-day shipping" at Walmart
Replies: 49
Views: 4783

Re: Interesting twist to "Free 2-day shipping" at Walmart

You realize that for a large portion of the country, Walmart is THE place to shop. Many small towns don't have a lot of other options...
by sco
Mon Oct 30, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 HSA sanity check (two HDHP and 2 HSA's)
Replies: 18
Views: 889

Re: 2018 HSA sanity check (two HDHP and 2 HSA's)

he is above and she is below the 2nd bend. My thought has always been that she would claim at 62 and him at 70, to maximize SS benefits. My assumption is she could only take 50% of his after his death? I’ll have to read more on this, will have to fine some detailed articles.. most seem to just skim ...
by sco
Mon Oct 30, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 HSA sanity check (two HDHP and 2 HSA's)
Replies: 18
Views: 889

Re: 2018 HSA sanity check (two HDHP and 2 HSA's)

It would reduce her Social Security (SS) Earnings. Whether that would decrease any actual benefits received would depend on whose record under which she received benefits. When a couple receives SS benefits, the lower earning spouse only claims there own benefit of it is >= 50% of the higher earnin...