Search found 670 matches

by JoinToday
Mon Jan 15, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 901

Re: Paying for college

how much is in each account, and how much is college?

If the investments are greater than college, I would deplete the 529 first. Depending on the terms of the trust and levelheadedness of the child, I would be inclined to deplete the trust 2nd (to eliminate trust tax returns)
by JoinToday
Sun Jan 14, 2018 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Executor/Trustee question
Replies: 20
Views: 1201

Re: Executor/Trustee question

...The will is pour over. Unfortunately, Mom did not get everything in the trust and I need to probate the estate. Assets are as follows: ..... What is the benefit of a pour over clause in the will if personal assets (assets not in the trust) still needs to be probated? I thought the pour over clau...
by JoinToday
Sun Jan 14, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: ‘Fun’ Money
Replies: 15
Views: 1010

Re: ‘Fun’ Money

Welcome to the forum! I am convinced that the most important things are (in this order of importance): 1. Save money; if you don't save, nothing else matters 2. Pick your asset allocation 3. Learn enough to manage your own investing -- saves 1% per year (typical) by eliminating "financial advisor" f...
by JoinToday
Sun Jan 14, 2018 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: ‘Fun’ Money
Replies: 15
Views: 1010

Re: ‘Fun’ Money

put bonds in 401k (over weight the 401k with bonds)

Put equity (stock funds) into after tax account.

Qualified dividends are taxed at a lower rate in after tax account
by JoinToday
Sun Jan 14, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: ‘Fun’ Money
Replies: 15
Views: 1010

Re: ‘Fun’ Money

BeautifulDisaster wrote:
Sun Jan 14, 2018 3:59 pm
...
25%:Vanguard Total Stock Market EFT (VTI, .11 ER)
25%: Vanguard S&P 500 Index EFT (VOO, .04 ER)
....
Skip the S&P 500, put 50% into Vanguard Total Stock Market
by JoinToday
Sun Jan 07, 2018 10:24 pm
Forum: Investing - Theory, News & General
Topic: Corporate bonds vs. Treasuries
Replies: 52
Views: 4208

Re: Corporate bonds vs. Treasuries

..... If you are not going to rebalance and buy stocks in a market collapse it doesn't make much difference. .... This has got me thinking. I am not sure if I know enough or am smart enough to come to any conclusions, but the gears in my brain are turning, and I am interested in any input that woul...
by JoinToday
Tue Dec 05, 2017 1:50 am
Forum: Investing - Theory, News & General
Topic: Bond Risk question
Replies: 18
Views: 1831

Re: Bond Risk question

The way I look at it is this: A bond fund is a collection of bonds. A bond ladder is a collection of bonds. There is no reason why they should behave differently (this is simplified, and not 100% true -- but for most people holding bonds long term, this is close to being accurate) A bond ladder and...
by JoinToday
Tue Dec 05, 2017 1:19 am
Forum: Investing - Help with Personal Investments
Topic: KF Tax Management Strategy
Replies: 33
Views: 1377

Re: KF Tax Management Strategy

1. Consider gifting you kids a small amount of appreciated funds, and let them sell it. You need to stay below the kiddie tax threshold (I think $2.1K of unearned income for 2017. Reduces the total tax paid, and your kids can use the money for expenses (books, etc) or contribute to tuition. 2. If yo...
by JoinToday
Sun Dec 03, 2017 4:17 pm
Forum: Investing - Theory, News & General
Topic: Bond Risk question
Replies: 18
Views: 1831

Re: Bond Risk question

Am I missing something? The way I look at it is this: A bond fund is a collection of bonds. A bond ladder is a collection of bonds. There is no reason why they should behave differently (this is simplified, and not 100% true -- but for most people holding bonds long term, this is close to being acc...
by JoinToday
Wed Nov 22, 2017 12:21 am
Forum: Personal Consumer Issues
Topic: Beware Amazon Price Gouging
Replies: 74
Views: 9444

Re: Beware Amazon Price Gouging

If you've never tried it before, check out CamelCamelCamel to track Amazon prices on specific items, evaluate past pricing, track prices/set alerts, etc. :beer Edit: looks like Mike Scott beat me to it . . . I've used camelcamelcamel. Some (perhaps a minority) of the low prices on amazon are bogus ...
by JoinToday
Mon Nov 13, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5495

Re: POAs may not be that powerful

.... IF Vanguard allowed outside "regular" PoA's, then what you would want, I think, would be a Springing PoA, one that "springs" into effect upon your incapacity. One problem with this type of PoA is that it typically requires a physician (or more than one, or also someone else) to make a determin...
by JoinToday
Mon Nov 13, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: POAs may not be that powerful
Replies: 94
Views: 5495

Re: POAs may not be that powerful

On one hand, I understand bank's & financial institutions reluctance to accept outside POA's. It would be a relatively easy way to drain someone else's account. On the other hand, I have had to deal with the frustration of a valid POA, account owner is in poor health, and being unable to take care o...
by JoinToday
Sun Nov 12, 2017 11:12 pm
Forum: Investing - Theory, News & General
Topic: Trust Asset Allocation, tax efficiency
Replies: 5
Views: 792

Re: Trust Asset Allocation, tax efficiency

1. I would suggest you spend a few hundred dollars and speak with a Trusts and Estates attorney. 2. If you set up a revocable trust, that trust keeps those assets out of probate (at least I believe this to be the case). If that is the issue, I would think that would suffice. The revocable trust can...
by JoinToday
Sun Nov 12, 2017 6:06 pm
Forum: Investing - Theory, News & General
Topic: Trust Asset Allocation, tax efficiency
Replies: 5
Views: 792

Re: Trust Asset Allocation, tax efficiency

1. I used the $5M number just for illustration purposes, not my estate size 2. Having said that, I live in California. If someone in California had a $5M estate, and it went through probate (assuming husband & wife pass at the same time without assets in a trust, or husband passes and wife doesn't s...
by JoinToday
Sun Nov 12, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Trust Asset Allocation, tax efficiency
Replies: 5
Views: 792

Trust Asset Allocation, tax efficiency

What is the most tax efficient placement of assets into the various trusts when one spouse passes away? For example: Lets say total assets are $5M ($4M financial assets plus $1M house). Husband passes away, $2.5M goes into the Exemption Trust, and $2.5M goes in the Survivor's Trust. Wife decides to ...
by JoinToday
Fri Jul 21, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?
Replies: 13
Views: 1648

Re: Vanguard AUM can't manage part of friend's portfolio. Understandable but ...help?

can you generate a relatively simple spreadsheet to help him? If it were a one of my relatives, I would make a spreadsheet where they can only change certain cells; these would be the cells where he enters the current values of his funds. The rest of the cells (and formulas) would be locked. As long...
by JoinToday
Wed Jul 19, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3621

Re: Indoor activities for a 3-year-old

have him use his imagination: design & build something. The fort out of a cardboard box (previously mentioned) is a good idea. add windows, 2nd box with a "secret" passageway. To the extent you can do so, social interaction is much better than video games/solitary time watching TV, ipad, etc, in my ...
by JoinToday
Sun Jun 18, 2017 10:26 pm
Forum: Personal Consumer Issues
Topic: Which motorcyle?
Replies: 26
Views: 1810

Re: Which motorcyle?

5 young kids, and you are thinking of riding a motorcycle? are you serious? Think of the likelihood of going down, and the consequence. It hurts like hell to go down on a bicycle in the street (don't ask me how I know). I can't imaging going down on a motorcycle at 30-40-50-60 mph My suggestion: Don...
by JoinToday
Wed Jun 14, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: Looking To Upgrade My Coffee Roaster
Replies: 7
Views: 1262

Re: Looking To Upgrade My Coffee Roaster

Anyone consider a BBQ coffee roaster? I am thinking about getting one
by JoinToday
Tue May 16, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Delay SS, but claim if market plunges
Replies: 49
Views: 5118

Re: Delay SS, but claim if market plunges

That is an interesting idea, one I had not considered. I think it all depends upon the stock:bond ratio, and withdrawal rate. If the portfolio can manage it (meaning you have enough bonds and the withdrawal rate is low to medium, I would be tempted to withdraw from bonds only, and let my stock:bond ...
by JoinToday
Thu Apr 20, 2017 12:06 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 45267

Re: Larry Swedroe says "Goodby."

Larry,

Thanks for you contribution to the board, I learned an immense amount from your posts. One of my recommendations to friends who ask me about investing: "anything written by Larry Swedroe is worth reading"

Sad day that we lost such a valuable contributor to the board.

JoinToday
by JoinToday
Wed Apr 12, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Problems with oil pans and plugs for Honda Odyssey
Replies: 51
Views: 3825

Re: Problems with oil pans and plugs for Honda Odyssey

I don't trust the Fumoto valves. The oil pan is the lowest part of the engine, with the drain plug at the lowest part of the oil pan (although the plugs are angled back rather than straight down). My fear is driving over something & shearing off the Fumoto valve. I change my own oil specifically for...
by JoinToday
Sun Apr 09, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Require Access to School Records?
Replies: 113
Views: 7419

Re: Require Access to School Records?

My son's school has a feature in their online portal where the student can grant access to parents, which he did since we have the "if dad is paying, dad gets to see how his investment is performing" rule in effect. :beer I like this a lot. I remember hearing a story about a college student having ...
by JoinToday
Wed Mar 22, 2017 7:17 pm
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 2507

Re: Small appliance electrical safety

I think you can safely have a low power appliance plugged in & used when the microwave is being used. If it were me, I might have a microwave & toaster plugged into the same outlet, but I would NOT use them both at the same time. Might very well be approaching the 20A limit of the circuit. it is eit...
by JoinToday
Fri Mar 03, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to get the most out of Bogleheads
Replies: 7
Views: 1216

Re: How to get the most out of Bogleheads

....Do you spend x number of minutes a day just browsing around in general or do you tend to log on only when you need something specific. ... I think it is x number of hours a day, not minutes a day :shock: Seriously, I read a bunch of books early in my investment learning (this took the most time...
by JoinToday
Mon Feb 27, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Assisting Parent with Dementia
Replies: 14
Views: 1646

Re: Assisting Parent with Dementia

Another suggestion is to look at recent tax returns to find out where the investments are at. 1099's listed on the tax returns have been helpful to me. The dashboard is a good idea. I have an excel file with one worksheet with monthly bills, and another worksheet for yearly bills (auto insurance, ho...
by JoinToday
Mon Feb 27, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Car windshield wipers - go cheap or better?
Replies: 42
Views: 5350

Re: Car windshield wipers - go cheap or better?

Dang!!! Bosch Icons seem popular.

I always went for cheap / whatever was on sale / or Costco. This year I put Bosch Icons on 2 of the cars. Ordered from Amazon, easy to put on. I can't speak about the longevity yet, but they seem to work well.
by JoinToday
Sun Feb 26, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: Outdoor grill: gas or electric?
Replies: 55
Views: 4199

Re: Outdoor grill: gas or electric?

Congratulations on the new house! I have both gas and charcoal.....and use both often. I use the gas grill for burgers, chicken breast and veggies (asparagus, zucchini, etc) and the charcoal for searing steaks, baby backed ribs, pork chops, cedar planked salmon, etc. I have one gas and two charcoal...
by JoinToday
Sun Feb 26, 2017 1:33 am
Forum: Personal Consumer Issues
Topic: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99
Replies: 51
Views: 6547

Re: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99

Water uptake is the primary reason why you flush your brake fluid periodically, typically every 2-4 years. You do flush your brake fluid? Personally, I do not. It is not recommended in the maintenance schedule in my owner's manual. Nor in the owner's manual for any of the 20+ cars I have owned. Eve...
by JoinToday
Sat Feb 25, 2017 1:58 am
Forum: Personal Consumer Issues
Topic: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99
Replies: 51
Views: 6547

Re: Costco: 6 quarts of Mobil 1 $27.99, normally $37.99

Opened brake fluid should not be kept for long. Motor oil is OK. Agreed. Brake fluid is hygroscopic (it will absorb moisture from the atmosphere) which can severely degrade its performance. ........ I have always heard that brake fluid in an opened can (with lid on) should not be used, and always b...
by JoinToday
Tue Feb 21, 2017 3:39 am
Forum: Personal Finance (Not Investing)
Topic: How to Split Pension
Replies: 58
Views: 5211

Re: How to Split Pension

Leif wrote:...
What we are planning is an option they call "even steven".....
Do they really call it "even steven"? I would find that hilarious.
by JoinToday
Fri Feb 17, 2017 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Gifting Stock To Adult Children
Replies: 7
Views: 971

Re: Gifting Stock To Adult Children

..... • I have 24 year old twins who are both currently in graduate school • They will have effectively zero income in 2017 (very small amount of interest / dividend income) • They are adults and cannot be claimed as dependents ..... This is unrelated to your questions, but why can they not be clai...
by JoinToday
Thu Feb 16, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Need A Consultation
Replies: 1
Views: 289

Re: Need A Consultation

I would feel better about advice from this forum. No conflict of interest here. In addition, you may get multiple suggestions with discussion over the pros & cons.

What information are you looking for?
by JoinToday
Wed Feb 15, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Mailed Speeding Ticket via Auto System - Not Driver
Replies: 57
Views: 2860

Re: Mailed Speeding Ticket via Auto System - Not Driver

I received a speeding ticket in the mail from the Washington D.C. police department for $100 - ...... You have my sympathy. But in California, the tickets for the camera tickets at intersections is almost $400. (right hand turn right after light turns red). Fines like this are oppressive. If someon...
by JoinToday
Wed Feb 15, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: How & when to sell lots of a single stock with huge capital gains
Replies: 40
Views: 3557

Re: How & when to sell lots of a single stock with huge capital gains

So my advice would be to sell and pay the tax . If there is a desire to ride the thing, keep maybe 1/4 to 1/3rd of the original holding. 70% of a gain after tax is still a lot better than no gain at all. But sell. Then reinvest in broad index funds. +1 Don't let the tail wag the dog. +1 Look at thi...
by JoinToday
Wed Feb 15, 2017 3:17 am
Forum: Personal Consumer Issues
Topic: Where to buy rare steaks?
Replies: 67
Views: 5898

Re: Where to buy rare steaks?

......... Unlike hamburger, the bacteria is on the outside of the steak. As long as you cook the outside, you can leave the inside rare as you want. Costco steaks, while generally quite good, are blade tenderized. The package says you need to cook to an internal temperature of 160 degrees, which ru...
by JoinToday
Wed Feb 08, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: finding a good estate lawyer (nyc, westchester)?
Replies: 9
Views: 875

Re: finding a good estate lawyer (nyc, westchester)?

If I lived in NY near NYC, I would give Bruce Steiner a call. Posts on this forum (bsteiner). I wished he lived in California
by JoinToday
Tue Feb 07, 2017 3:04 am
Forum: Investing - Theory, News & General
Topic: A short study of the recent Japanese crisis
Replies: 56
Views: 5197

Re: A short study of the recent Japanese crisis

........ In the final analysis, bonds in any country come from the earnings of stocks (economic engine) so if stocks/earnings do poorly for decades, bonds in that country will too. Corporate bonds are directly linked to company earnings and so are Govt bonds (through taxation). Geographic diversifi...
by JoinToday
Fri Feb 03, 2017 8:28 pm
Forum: Personal Consumer Issues
Topic: Thule "clamp-on" car roof rack
Replies: 20
Views: 3136

Re: Thule "clamp-on" car roof rack

...The factory roof rails -- running front to back -- and OEM cross-bars position a long (ski-length) box too far back so it interferes with hatch opening, etc. .... And the anchor points for the roof rails are too far apart (front to back) to accommodate any roof boxes if I were to remove the fact...
by JoinToday
Fri Feb 03, 2017 6:19 pm
Forum: Personal Consumer Issues
Topic: Robocalls! -- current best call blocker?
Replies: 58
Views: 6955

Re: Robocalls! -- current best call blocker?

I started getting more and more telemarketers on my cell phone. I got "Should I Answer" app. Helped a lot, but I think the telemarketers with spoofed numbers were increasing. So I block all calls from numbers not in my contact list. Callers not in my contact list get routed to voice mail, and my pho...
by JoinToday
Fri Feb 03, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: AMT and taxable portion of state tax refund
Replies: 21
Views: 4172

Re: AMT and taxable portion of state tax refund

OP's post made me wonder (without meaning to derail this thread): is there anyway to "game" the system with respect to AMT & taxes paid? (either state or fed) Calif resident here. I adjust withholding to get as close as I can to paying the correct tax every year. I do a Roth conversion at the begin...
by JoinToday
Fri Feb 03, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Are there really "Tax Brackets" and does it really matter if I get bumped up into the next one?
Replies: 87
Views: 9490

Re: Are there really "Tax Brackets" and does it really matter if I get bumped up into the next one?

Raybo wrote:Some things go away if you are in a higher tax bracket/have higher income. An example is the treatment of capital gains.
What happens to the treatment of capital gains at higher tax brackets? what goes away? Is there anything other than the 3.8% surcharge?
by JoinToday
Wed Jan 25, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: Dow hits 20,000. What next? Share your strategy
Replies: 107
Views: 10508

Re: Dow hits 20,000. What next? Share your strategy

My plan going forward is the same as I had in the past: 60% equity, 40% bonds. Stay the course, no change.
by JoinToday
Tue Jan 24, 2017 4:24 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard as trustee
Replies: 14
Views: 2655

Re: Vanguard as trustee

..... I am concerned that they would pick funds that I do not want (international bonds, for example), and unfortunately, I don't have a choice. I asked for sample portfolio, and they give me the model portfolio, consisting total US market, total international, short term investment grade, intermed...
by JoinToday
Tue Jan 24, 2017 1:46 am
Forum: Personal Finance (Not Investing)
Topic: Refuse to pay California State Tax—what can they do ?
Replies: 16
Views: 3814

Re: Refuse to pay California State Tax—what can they do ?

What is her state of residence? If she has not changed her state of residence from California to state X, is she is still a resident of California? Why do you think many of the military establish residence in Texas (when they live there), and never establish residency in any states that has income t...
by JoinToday
Mon Jan 23, 2017 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: New To The Backdoor Thing. Help Me Understand.
Replies: 11
Views: 1387

Re: New To The Backdoor Thing. Help Me Understand.

Ok, so I've read about the backdoor Roth stuff and I'm gonna start trying it this year. I've read so much that it gets kinda confusing having not went through the process before. So, just please help me out and make sure I'm not overlooking something. 1.) I called my employer 401k provider, Merrill...
by JoinToday
Mon Jan 16, 2017 3:01 am
Forum: Investing - Theory, News & General
Topic: Flagship Reps
Replies: 91
Views: 9490

Re: Flagship Reps

A dedicated rep isn't as dedicated as you understand it. A flagship rep I found on LinkedIn said he was assigned to a book of 600 customers. I don't know how dedicated a rep can be to 600 customers. How many hours per year do people (not tfb) spend talking to Vanguard every year? 2000 hrs per year ...
by JoinToday
Sat Jan 14, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Desktop PC monitors
Replies: 13
Views: 1594

Re: Desktop PC monitors

I have a 2 monitor setup, a 27 inch + a 22 inch. I would need a 44 inch monitor to get the same diagonal screen size. The only issue is that it takes some serious real estate on the desk. There is no way I would (willingly) go back to a single monitor. It is especially helpful with big spreadsheets ...
by JoinToday
Wed Jan 11, 2017 1:06 am
Forum: Investing - Help with Personal Investments
Topic: Divesting Higher Expense Ratio Funds
Replies: 12
Views: 1166

Re: Divesting Higher Expense Ratio Funds

Ajax2016 wrote:Thanks everybody. After running the numbers from your suggestions, I should sell and move on.
I like the bandaide analogy. Rip it off. Get it done & behind you. No point in prolonging the pain.

Like you say, sell & move on.
by JoinToday
Wed Jan 11, 2017 12:24 am
Forum: Personal Finance (Not Investing)
Topic: AMT and taxable portion of state tax refund
Replies: 21
Views: 4172

Re: AMT and taxable portion of state tax refund

OP's post made me wonder (without meaning to derail this thread): is there anyway to "game" the system with respect to AMT & taxes paid? (either state or fed) Calif resident here. I adjust withholding to get as close as I can to paying the correct tax every year. I do a Roth conversion at the beginn...