Search found 696 matches

by JoinToday
Sun Jun 17, 2018 1:32 am
Forum: Investing - Help with Personal Investments
Topic: When is the June ex-dividend date for VTSAX
Replies: 25
Views: 2083

Re: When is the June ex-dividend date for VTSAX

..... It’s just an automated investment timed for every paycheck. I’m in the 35% federal bracket + 9+% state so my marginal ends up being close to 45%. .... Must be California. I find it particularly grating to hear politician talk about how the rich need to pay their fair share, and it makes me ma...
by JoinToday
Sat Jun 16, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 61
Views: 3318

Re: A different theoretical view of SWR

Look at the method proposed by Henry Hebler, he called the method "autopilot". https://www.marketwatch.com/story/put-retirement-savings-withdrawals-on-autopilot-2013-07-24?pagenumber=2 I am planning on doing something like what he proposes. You can withdraw 1/N (%) of your portfolio each year. Norma...
by JoinToday
Fri Jun 15, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3659

Re: I am STUNNED over how much help my friends recieved with house purchase!

...... "Comparison is the thief of joy" is so true. There are so many that struggle /very happy with far less. Your quote above is good, I like it. Some people have huge burdens in life, either physical issues or difficult situation growing up, etc. I admire those that can be happy with some of the...
by JoinToday
Fri Jun 15, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3659

Re: I am STUNNED over how much help my friends recieved with house purchase!

........ I told my wife about this and she just said "Don't be jealous!" And I was like, "No, I'm the opposite of that!" I'm not jealous at all!" ........ * How much money have you given your kid(s) for their house purchase? * How much money should you give your child for this purpose? * Should you...
by JoinToday
Wed Jun 13, 2018 5:31 pm
Forum: Investing - Theory, News & General
Topic: Recommendations for specific "Boglehead-like" podcast episodes (for elderly mother)
Replies: 19
Views: 1400

Re: Recommendations for specific "Boglehead" podcast episodes (for elderly mother)

My 86 y/o widowed mother ....... She isn't interested in reading anything about investing, nor watching the Bogleheads video series. We have 10 hrs of driving planned this weekend, so I'd like to play a few podcasts for her, covering the basics of asset allocation and the concept of "Total Portfoli...
by JoinToday
Wed Jun 13, 2018 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Services
Replies: 45
Views: 3144

Re: Vanguard Advisor Services

The notion that Vanguard PAS is a ripoff is not correct in my opinion. 0.3% fee is a bargain if it prevents you from making just one boneheaded mistake. Picture the guy who could "do it himself" in 2008 .... until he capitulated near the bottom of the stock market and sold his equity. He then sat on...
by JoinToday
Sat Jun 09, 2018 12:53 am
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 4963

Re: Rowing machine motivation

I have a treadmill, and find the mental aspect of using it really difficult. I use podcasts, but it is mentally challenging to stay on it for half an hour. But I treat it like brushing my teeth. It doesn't matter if I enjoy it, it is just something I need to do for health reasons. Just getting star...
by JoinToday
Fri Jun 08, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 4963

Re: Rowing machine motivation

I have a treadmill, and find the mental aspect of using it really difficult. I use podcasts, but it is mentally challenging to stay on it for half an hour. But I treat it like brushing my teeth. It doesn't matter if I enjoy it, it is just something I need to do for health reasons. Just getting start...
by JoinToday
Fri Jun 08, 2018 11:26 pm
Forum: Investing - Help with Personal Investments
Topic: tax loss worthwhile?
Replies: 15
Views: 1231

Re: tax loss worthwhile?

IF you are in a tax bracket where you pay no tax on LTCG, this is the time to be doing tax GAIN harvesting on LTCG, not tax LOSS harvesting on LTCG
by JoinToday
Sun Jun 03, 2018 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: Helping son buy a house
Replies: 33
Views: 2967

Re: Helping son buy a house

Shouldn't (a) the loan amount compared to the net worth of the loaner be a significant factor in the decision? and (b) If the parent/loaner has excess assets that will likely be passed to kid as inheritance, that should also be a factor? If the kid/relative wants to borrow 20% of the parent's financ...
by JoinToday
Sat May 26, 2018 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 152
Views: 12409

Re: Helping Adult Children (but not too much)

I inherited a significant amount of money when my mother died. I was already retired myself when I got my inheritance. From my point-of-view, that was money ill-used. My parents could have enjoyed their money (travel, cars, charity) and/or they could have distributed more to me and my children when...
by JoinToday
Fri May 18, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: HV Landscaping Electrical Wiring
Replies: 7
Views: 553

Re: HV Landscaping Electrical Wiring

Low voltage lights by themselves may be problematic if you are not careful. With an acre, I suspect the OP may be running wires 100's of feet. There is a lot of voltage drop associated with the higher currents of low voltage lights. The LED lights are the way to go: lower power results in lower oper...
by JoinToday
Fri May 11, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: When to claim Social Security: two reasons not to wait
Replies: 68
Views: 11905

Re: When to claim Social Security: two reasons not to wait

Currently, for someone who is still working and in good health, it would seem hard to justify collecting early. Eighty five percent of the benefit will be taxed at a high rate, so you have only the after tax value of the benefit to weigh against the increased monthly amounts to be had by waiting. S...
by JoinToday
Fri May 11, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: How to find reputable person for Will/Trust?
Replies: 41
Views: 3174

Re: How to find reputable person for Will/Trust?

For things like this, the best resource if finding friends and neighbors who are satisfied customers of a particular service, in this case lawyers who do wills and trusts. When we did ours, I asked a few trusted neighbors and they all recommended the same person so it was a no brainer at that point...
by JoinToday
Tue May 08, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: 36" or 42" wide Refrigerator?
Replies: 33
Views: 2782

Re: 36" or 42" wide Refrigerator?

Unless you have money to burn, go with standard size refrig. When (not if) it needs to be replaced, having the option of standard 36 inch refrig will be nice.

42 inch may look better, but you are paying a lot for looks without much (if any) improved performance, etc.
by JoinToday
Tue May 08, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Whole house fan
Replies: 7
Views: 1555

Re: Whole house fan

..... Mine is made by Triangle Engineering (google it), is a real beast and has been in place for 10 years now without issues and gets used almost daily from early May thru September/October. It is running right now, matter of fact. Outside temp this morning was 55 when I turned it on 30 minutes ag...
by JoinToday
Tue May 01, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3205

Re: How do you fund spending in retirement

I switched my credit card payments and due dates to all be around the 7th or 10th of the month. This is similar to what I did. I arranged all the direct debits to hit at the beginning of the month. The credit cards close at the end and the payments are due ~ the 20th. By the last week of the month ...
by JoinToday
Tue May 01, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3205

Re: How do you fund spending in retirement

One of the personal finance tools I learned that I needed, and then developed, many years ago was to be able to project cash flow. I have long used Microsoft Excel as my tool of choice for keeping track of finances, first beginning with a check register around 1992. As part of my planning I realize...
by JoinToday
Sun Apr 29, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3205

Re: How do you fund spending in retirement

One thing to consider in retirement, if you get sick/hospitalized (or worse), who will be taking over your accounts and is the added complexity worth it in that regard? I am trying to balance the complexity factor with the added few hundred dollars in added interest. I am kind of lazy in this respe...
by JoinToday
Sun Apr 29, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: How do you fund spending in retirement
Replies: 26
Views: 3205

How do you fund spending in retirement

There were 2 recent threads, one regarding how much you keep in your checking account and another regarding the funding of lumpy expenses, that got me thinking: How do people fund their account for spending in retirement? Do you add funds to your checking account (a) monthly, (b)quarterly, (c) yearl...
by JoinToday
Sat Apr 28, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Family vacationing
Replies: 40
Views: 3836

Re: Family vacationing

For 5 & 8 year old, go camping. That will be more fun & be more memorable for the kids. Playing in the dirt, streams, fishing, hiking, skipping rocks, watching the stars, satellites, etc. Add campfire. Sleeping in a tent. Doesn't get much better that that for kids Or perhaps Grandparents/relatives (...
by JoinToday
Mon Apr 09, 2018 1:18 am
Forum: Investing - Theory, News & General
Topic: Bogle: Warren Buffett gave me a surprise shoutout at Berkshire meeting
Replies: 10
Views: 2002

Re: Bogle: Warren Buffett gave me a surprise shoutout at Berkshire meeting

I have read about people's desire to nominate John Bogle for a Presidential Medal of Freedom. I didn't know anything about it, so I did a google search. "President Obama said, "The Presidential Medal of Freedom is not just our nation's highest civilian honor - it's a tribute to the idea that all of ...
by JoinToday
Tue Mar 20, 2018 11:34 am
Forum: Personal Consumer Issues
Topic: Kettlebell Swing experience?
Replies: 50
Views: 4472

Re: Kettlebell Swing experience?

I don't have any experience, but I asked my physical therapist recently about kettle-bell swings. He didn't recommend them. I think his concern is the flexing of the back (which is why he recommends AGAINST situps - I didn't know this, and he appears to be correct based on what I have read). Having ...
by JoinToday
Sun Mar 04, 2018 1:15 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship Select Services
Replies: 17
Views: 2800

Re: Vanguard Flagship Select Services

Plenty of advisors that will provide resources regardng estate planning, etc. for the same or slightly higher fee at PAS. Will also follow your wishes regarding BH investing approach. I am surprised there are plenty of advisors providing Vanguard service at the same or slightly higher fee than PAS....
by JoinToday
Wed Feb 28, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4272

Re: Move to Orange County

..... But the 9% tax is hard to swallow coming from FL. ..... When I read this, I thought: was it the 9% state income tax, or the 9% sales tax that was hard to swallow. I looked it up. Orange county is only 7.75% sales tax. Los Angeles county is 9.5% sales tax. I guess you luck out there (in a rela...
by JoinToday
Fri Feb 16, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: what is marginal tax rate?
Replies: 29
Views: 2588

Re: what is marginal tax rate?

A person's marginal tax rate is the highest rate at which an individual's maximum earnings (the last dollar of taxable income that an individual earns) is taxed. Your first dollar of taxable income is taxed at the lowest rate. When your income hits the second tax bracket, THOSE dollars are taxed at...
by JoinToday
Mon Jan 15, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Paying for college
Replies: 13
Views: 1031

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: 1446

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: 17
Views: 1632

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: 17
Views: 1632

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: 17
Views: 1632

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: 5182

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: 1987

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: 1601

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: 1987

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: 10173

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: 6048

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: 6048

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: 887

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: 887

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: 887

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: 1762

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: 4077

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: 2086

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: 1433

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: 5432

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: 48472

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: 4673

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: 7917

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: 3141

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...