Search found 808 matches

by sco
Wed Nov 21, 2018 1:16 am
Forum: Personal Consumer Issues
Topic: fuel for snowblower
Replies: 97
Views: 5156

Re: fuel for snowblower

Run Pure gas only in them, and run them dry at the end of season. no big deal.
by sco
Tue Nov 20, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: 8-month windfall check-in
Replies: 26
Views: 5470

Re: 8-month windfall check-in

Also not sure why you have so many different funds in Taxable, but I haven't gone back and re-read the thread either. If you can TLH some those, I would and just focus on one Total Market Index in taxable. It's because I was in Betterment before and they bought those funds. Didn't sell when I trans...
by sco
Sun Nov 18, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: What convenience fees does your city charge for credit card use?
Replies: 40
Views: 1835

Re: What convenience fees does your city charge for credit card use?

No fee, yet. Sucks that city's are starting to charge for it, but I guess they're just trying to recoup costs. Seems as though online or electronic billing would be lower overall cost for the municipality than folks going in person with a wad of cash. That would only be true if they would actually ...
by sco
Sun Nov 18, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: What convenience fees does your city charge for credit card use?
Replies: 40
Views: 1835

Re: What convenience fees does your city charge for credit card use?

My city water utility charges $2.00 per transaction. I pay by check now that they've implemented it. :annoyed $2 per credit card transaction regardless of the amount due? Yes, no matter what my water bill is, if I want to use a cc/debit card to pay my monthly bill online, they charge 2 bucks. I can...
by sco
Fri Nov 16, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 10060

Re: My Edward Jones IRA is out performing my Vanguard 401K

Good post, but I wouldn’t make the assumption that the EJ salesman has any input on fund selection. They do what they are told, most have no prior experience, and limited financial training.
by sco
Thu Nov 15, 2018 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 10060

Re: My Edward Jones IRA is out performing my Vanguard 401K

There is no way with 1.4 - 2% fees that you will be better off in the long term... you will hand over 1/4 to a third of your portfolio to EJ..

If they are attempting to beat the indexes, they will also be taking more risk for you than necessary for "average" returns.
by sco
Thu Nov 15, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Oops! Edward Jones tops Vanguard in customer survey
Replies: 50
Views: 5154

Re: Oops! Edward Jones tops Vanguard in customer survey

It is a customer satisfaction survey. Of course EJ's customers are happy, if they ever figured out what they were paying compared to everyone else they would either remain happy or leave.
by sco
Tue Nov 13, 2018 12:01 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591527

Re: What's Your Credit Card Rewards Strategy?

What you are describing is something called “backdating”, and only Amex did this. Note that Amex too stopped this practice at least 3 years ago, and if you cancel the card but apply for another Amex card later, it will NOT inherit the opening date of the oldest card. ? I just applied for a new Amex...
by sco
Mon Nov 12, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591527

Re: What's Your Credit Card Rewards Strategy?

I get my companion passes in January so it is good for 23 months. It's great that you can time it like that. I'm sitting here waiting for January to come. TravelforFun For a while you could apply for the Business and personal Southwest cards from chase, and get bonuses from both. I think that they ...
by sco
Mon Nov 12, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3013
Views: 591527

Re: What's Your Credit Card Rewards Strategy?

I get my companion passes in January so it is good for 23 months.
by sco
Mon Nov 12, 2018 1:00 am
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 99
Views: 7148

Re: Too many choices for my next TRUCK

I wouldn't buy the 250 if I didn't have a specific need for it...
by sco
Mon Nov 12, 2018 12:55 am
Forum: Personal Finance (Not Investing)
Topic: high deductible vs. PPO calculation--high deductible always wins?
Replies: 35
Views: 3064

Re: high deductible vs. PPO calculation--high deductible always wins?

If you happen to be at a company that yearly deposits money into your HSA, make sure to account for this. It effectively reduces your total possible out of pocket/deductible....

Or better yet, is available for later years.
by sco
Sun Nov 11, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 52
Views: 4696

Re: Do you prefer etfs or mutual funds?

I prefer funds in all my retirement accounts, automatic investment and every penny is invested. ETFs the only use I have for them might be in a taxable account, and simply due to their portability to any brokerages. You can transfer them around and get bonuses, without concern over whether this fund...
by sco
Wed Oct 31, 2018 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: 8-month windfall check-in
Replies: 26
Views: 5470

Re: 8-month windfall check-in

Inherited IRA at Vanguard ~$70,000 VBTLX Vanguard Total Bond Market Index Fund Admiral Shares ~$40,000 VTIAX Vanguard Total International Stock Index Fund Admiral Shares Roth IRA at Vanguard ~$33,000 VTABX Vanguard Total International Bond Index Fund Admiral Shares I'd probably move the bonds from ...
by sco
Sat Oct 27, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: To those who avoid FICA with HSA payroll contributions
Replies: 51
Views: 8612

Re: To those who avoid FICA with HSA payroll contributions

I would be shocked if I pass the second bend point. That's a a salary of over $70k for 35 years. Does that mean I shouldn't avoid FICA with HSA? Remember that salaries are adjusted for inflation; you can see the inflation adjustments on the SSA web site. But if you are below the second bend point, ...
by sco
Sat Oct 27, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: To those who avoid FICA with HSA payroll contributions
Replies: 51
Views: 8612

Re: To those who avoid FICA with HSA payroll contributions

soda_bandit wrote:
Sat Oct 27, 2018 12:08 pm
About $2.2M in today's dollars. ($5,397/month * 12 months * 35 years)
Thanks. Might be close enough to add up the previous years reported and see if it’s close? Still several years out.
by sco
Sat Oct 27, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: To those who avoid FICA with HSA payroll contributions
Replies: 51
Views: 8612

Re: To those who avoid FICA with HSA payroll contributions

What is the total SS income needed over 35 years, to pass the second bend point?
by sco
Wed Oct 24, 2018 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Need advise with investing plan.
Replies: 9
Views: 812

Re: Need advise with investing plan.

What exactly is the question?

Are you asking for help determining your asset allocation across all portfolios? For Example a 60/40 Stock/Bond Split?

Or have you determined this already, and are asking how to implement this in the accounts that you have available to you?
by sco
Sun Oct 21, 2018 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: My Edward Jones IRA is out performing my Vanguard 401K
Replies: 76
Views: 10060

Re: My Edward Jones IRA is out performing my Vanguard 401K

What is the purpose of discussing anything with the EJ rep? Do you expect to get a clear/concise answer? you won't, if you eventually get to the truth it will be after countless hours and you won't want to stay with EJ. Do you expect him to put you in something that is in your best interest? Even if...
by sco
Thu Oct 18, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: independent advisor
Replies: 22
Views: 1851

Re: independent advisor

A CPA for $150/hr. is cheap. Will he also do your taxes at that rate? Ralph I agree, $150 per hour for a CPA is reasonable. Location makes a big difference though, a CPA CFP in Manhattan is going to command more than one in Macon. I can tell you for a fact that a CPA in Manhattan KS does not make s...
by sco
Wed Oct 17, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 5065

Re: Kids not interested in money / allowance

What are they to spend the money on? Sounds like they don't have any expenses, so they don't see the value in the allowance.
by sco
Tue Oct 16, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 5092

Re: Is it worth filing FAFSA even if you know you'll get nothing?

Colleges are notoriously bad at information security. But the Government is no gem either.
by sco
Tue Oct 16, 2018 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 5092

Re: Is it worth filing FAFSA even if you know you'll get nothing?

The only drawback I saw was that one college he applied to but didn't attend had their database hacked. Son and parents were sent a letter and free credit reporting. I don't see why colleges need access to the raw data. It wouldn't be so bad if the Education Department held the raw data and just se...
by sco
Tue Oct 16, 2018 12:16 am
Forum: Investing - Help with Personal Investments
Topic: 8-month windfall check-in
Replies: 26
Views: 5470

Re: 8-month windfall check-in

I would ditch the cryptocurrency, I didn't do the math but I expect it is 5% or below your total. Keep it, if this is your "gambling money" and you are OK losing it all. Otherwise there are better uses for it. I would also make sure that all tax advantage accounts are maxed, this year and every othe...
by sco
Mon Oct 15, 2018 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth filing FAFSA even if you know you'll get nothing?
Replies: 70
Views: 5092

Re: Is it worth filing FAFSA even if you know you'll get nothing?

The only drawback I saw was that one college he applied to but didn't attend had their database hacked. Son and parents were sent a letter and free credit reporting. I don't see why colleges need access to the raw data. It wouldn't be so bad if the Education Department held the raw data and just se...
by sco
Sat Oct 13, 2018 7:28 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 2864

Re: College loan advice?

Everything I’ve seen says
5500 freshman
6500 sophomore
7500 junior and senior

Assuming they aren’t independent or something
by sco
Fri Oct 12, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 2864

Re: College loan advice?

Agree with above observations that students can only get federal loans (5500/5500/6500/7500) without co-signers. Unless there is demonstrated family financial need and Perkins loans become an option, but OP indicates that is not the case here. Probably having students take out a loan or not makes m...
by sco
Fri Oct 12, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Put Options
Replies: 41
Views: 2824

Re: Put Options

If its under 1% of your portfolio, why bother? Is this for educational value?
by sco
Thu Oct 11, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 2864

Re: College loan advice?

If there is a concern about cashflow, I see no problem having the student take out their own 5500/6500/7500 loans. If the parents then find out that they can pull it together adequately, nothing keeps them from paying the loan off. Do you lose a little in the 1% origination and possibly some intere...
by sco
Thu Oct 11, 2018 11:52 pm
Forum: Personal Consumer Issues
Topic: No Touch ID on Vanguard's mobile app for Android
Replies: 11
Views: 1073

Re: No Touch ID on Vanguard's mobile app for Android

Their IT is pretty limited, that is really all it amounts to. They did two factor because someone decided that was important. Other things went to the back of the list.

2 factor is a pain, I agree. But after implemented most of the pain is on the user side.
by sco
Thu Oct 11, 2018 12:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7994
Views: 1622337

Re: U.S. stocks in freefall

mikeyzito22 wrote:
Wed Oct 10, 2018 11:35 pm
peterinjapan wrote:
Wed Oct 10, 2018 9:18 pm
Aaaand two years of profits from DAL wiped out.

Damn it.
DAL 39.00 a share Oct 2016
DAL 52.70 a share Oct 2018
I'm a missing something?
Yep, that's the share price. You've had the dividend since then too :sharebeer
by sco
Wed Oct 10, 2018 11:34 pm
Forum: Investing - Theory, News & General
Topic: This Time is Different
Replies: 30
Views: 5520

Re: This Time is Different

Ron Scott wrote:
Wed Oct 10, 2018 9:13 am
...from the Reinhart/Rogoff book, take-aways:

• To avoid future bubbles, bankers and economists should use an early-warning
system and a stricter regulatory scheme.


What do you think?
When has this not just caused another issue, most of the time worst than the first?
by sco
Wed Oct 10, 2018 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 2864

Re: College loan advice?

If there is a concern about cashflow, I see no problem having the student take out their own 5500/6500/7500 loans. If the parents then find out that they can pull it together adequately, nothing keeps them from paying the loan off. Do you lose a little in the 1% origination and possibly some interes...
by sco
Wed Oct 10, 2018 12:23 am
Forum: Personal Consumer Issues
Topic: No Touch ID on Vanguard's mobile app for Android
Replies: 11
Views: 1073

Re: No Touch ID on Vanguard's mobile app for Android

How about you don't go with Vanguard if new IT features are a priority? Guess who pays for those?
by sco
Tue Oct 09, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 2864

Re: College loan advice?

@stealthrabit: Besides Stafford, what loans can a student get WITHOUT a cosigner in any state? I ask because we have looked at banks, credit unions and a number of student loan providers and found none. Ours used Stafford (which was adequate for their needs) They also had some availability of State...
by sco
Fri Oct 05, 2018 12:48 am
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 444
Views: 50787

Re: Your USER NAME...what does it mean?

texas lawdog wrote:
Sun Sep 30, 2018 6:47 pm
Not a lawyer or a cop, just a line from one of my favorite movies slightly tweaked from Kansas to Texas...

Curly Bill: Wyatt Earp, huh? I heard of you.
Ike Clanton: Listen, Mr. Kansas Law Dog. Law don't go around here. Savvy?
Wyatt Earp: I'm retired.
That is a solid movie!
by sco
Fri Sep 28, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Car broker
Replies: 27
Views: 2486

Re: Car broker

Just because someone raves and loves it, doesn't mean it was a good deal. It was just a good deal to them, or better than they think they could have done otherwise.

Edward Jones is rated very good by their customers.
by sco
Tue Sep 25, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Vanguard "in-kind" transfer
Replies: 7
Views: 928

Re: Question about Vanguard "in-kind" transfer

but I assume it was probably close to the industry average of $1.02%, plus the 12b-1 fees of around 0.25%. Needless to say, I'm very happy with the final outcome! Good for you for getting this done. Lots of people won't ever change anything even after they realize what EJ is charging. And it was li...
by sco
Tue Sep 18, 2018 10:45 pm
Forum: Investing - Help with Personal Investments
Topic: CalSTRS Pension - Does refund of contributions make sense?
Replies: 7
Views: 727

Re: CalSTRS Pension - Does refund of contributions make sense?

FoolMeOnce wrote:
Tue Sep 18, 2018 9:18 am
7% real seems optimistic.
I'd Calculate it with 3,5,and 7%, Cross Ref it with dying early, mid and late and see how the numbers look. Go with what you are comfortable with.

You need to think about the underfunded pension, but I am not sure there is a way to calculate that.
by sco
Tue Sep 11, 2018 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in 5G Wireless
Replies: 46
Views: 2931

Re: Investing in 5G Wireless

OP, one investment approach would be less on the networks and more on the suppliers for 5G equipment: Nokia, Ericsson, Qualcomm. In this T-mobile deal, Nokia gets paid no matter how successful or not 5G is as a broadband utility for T-mo https://finance.yahoo.com/news/nokia-t-mobile-us-agree-130316...
by sco
Tue Sep 11, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in 5G Wireless
Replies: 46
Views: 2931

Re: Investing in 5G Wireless

Not only do you have to figure out if the technology is successful, but you have to figure out who the winners and losers are. And cable modem speeds? Not for every individual user at the same time? Similiar claims with 4g. Is it better, sure.. Will apps just get fatter, yes that too. Are you going ...
by sco
Thu Sep 06, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 3 Funds Portfolio for my 401k
Replies: 8
Views: 1160

Re: Fidelity 3 Funds Portfolio for my 401k

Do you have the brokerageLink option?
by sco
Thu Sep 06, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

This makes sense, we all agree for the most part what Ideal is... But you have to do what works in your situation. I would ask you one thing though, based on your post. Just something to think about. Why aren't you maxing your 401k and just living off of some of the taxable account? Say you need an...
by sco
Wed Sep 05, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

This makes sense, we all agree for the most part what Ideal is... But you have to do what works in your situation. I would ask you one thing though, based on your post. Just something to think about. Why aren't you maxing your 401k and just living off of some of the taxable account? Say you need ano...
by sco
Wed Sep 05, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Elderly (innocent) relative received this horrible email
Replies: 51
Views: 5964

Re: Elderly (innocent) relative received this horrible email

It is a scam, but if they really have her password then she should change it. This has started to be a fairly common one.
by sco
Wed Sep 05, 2018 10:55 am
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

Ideally your Roth assets would be the higher growth stocks, Since you won’t have to pay taxes on these again. This is due to the fact that you eventually will have to pay taxes on the tax deferred (401k etc) assets. So you put the slower growing stuff there when possible There are of course exceptio...
by sco
Tue Sep 04, 2018 11:50 pm
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

If you notice by my reply, I use the 3 fund method because I have no choice.

I may never go for the simpler option, I don't know at this point..
by sco
Tue Sep 04, 2018 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3876

Re: DIY: Three versus One! Are the Advantages Worth it?

To me it is worth it. The ultimate in simplicity would be one Vanguard account with one fund. However, I am still in the accumulation phase. So between work accounts, HSA accounts, etc I cannot simply consolidate like I would prefer. So until I can, I might as well use the best 1 fund in most accoun...
by sco
Mon Sep 03, 2018 10:59 am
Forum: Personal Finance (Not Investing)
Topic: State Farm - Homeowners discount :)
Replies: 35
Views: 2708

Re: State Farm - Homeowners discount :)

I also think this is actionable. If you want to save money, bundle the insurances. If you do not get a discount, ask for one. This actually made me check my insurance paperwork to make sure that I have such a discount. I used to think that a bundled discount would beat separate underwriters. Howeve...