Search found 6894 matches

by KlangFool
Sun Nov 19, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 2888

Re: Oregon makes you save, unless you object. NYT article

Klangfool, The whole point of the program is that people aren't shopping around. They aren't shopping at all. Sure, it'd be rational for an individual with $1k in savings to opt out of the OR program and invest with Vanguard (my point, which I think is pretty clear, is that if those were the only p...
by KlangFool
Sun Nov 19, 2017 8:52 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 2888

Re: Oregon makes you save, unless you object. NYT article

Klangfool, The whole point of the program is that people aren't shopping around. They aren't shopping at all. Sure, it'd be rational for an individual with $1k in savings to opt out of the OR program and invest with Vanguard (my point, which I think is pretty clear, is that if those were the only p...
by KlangFool
Sun Nov 19, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 36
Views: 2796

Re: Why I am not happy even with OK Net Asset

OP, 1) It depends on your annual expense. You have 800K and if your annual expense is 40K, you are doing great. If your annual expense is 200K, you are not doing as well. 2) At this net worth level, it all comes down to the house. If you have a 400K house, you are doing great. If you have a 2 milli...
by KlangFool
Sun Nov 19, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 2888

Re: Oregon makes you save, unless you object. NYT article

Seems like a bit of the perfect being the enemy of the good in some of these criticisms. Is the OR plan preferable to everyone saving in an IRA with a low cost fund? No. But that isn’t happening. 1% isn’t completely ridiculous if that’s what it takes to nudge folks toward saving, and all the eviden...
by KlangFool
Sun Nov 19, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a 72(t) to avoid self-employment taxes?
Replies: 10
Views: 559

Re: Taking a 72(t) to avoid self-employment taxes?

The "gotchas" is you may get a larger return by paying that $2,000 tax or a portion of it. Thanks for the reply, but -- larger return from what ? From Social Security? Every time I run estimates through a spreadsheet, it seems to tell us that she would have to live to over 100 before the "return" f...
by KlangFool
Sun Nov 19, 2017 5:36 pm
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 2888

Re: Oregon makes you save, unless you object. NYT article

Seems like a bit of the perfect being the enemy of the good in some of these criticisms. Is the OR plan preferable to everyone saving in an IRA with a low cost fund? No. But that isn’t happening. 1% isn’t completely ridiculous if that’s what it takes to nudge folks toward saving, and all the eviden...
by KlangFool
Sun Nov 19, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a 72(t) to avoid self-employment taxes?
Replies: 10
Views: 559

Re: Taking a 72(t) to avoid self-employment taxes?

So, knowing the possible downsides... does anyone see a compelling reason *not* do this which I haven't considered above? It seems like a fairly "safe" and low-risk way to essentially cut our taxes by more than $2,000 a year. This is very clever. What does your CPA buddy think of it? Well, they sai...
by KlangFool
Sun Nov 19, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a 72(t) to avoid self-employment taxes?
Replies: 10
Views: 559

Re: Taking a 72(t) to avoid self-employment taxes?

I keep trying to quantify the lost SS. It really depends on your details: how much you've each earned, which bend points you've passed, when you plan to claim SS, if one was a substantially larger earner than the other so that spousal benefits play into the calculations, etc. The only way I got a b...
by KlangFool
Sun Nov 19, 2017 10:58 am
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 2888

Re: Oregon makes you save, unless you object. NYT article

Klangfool, You are so right. However your and my children do not need any help. They have watched us and we have supported them with love, care, education and money. I would have loved it, if my parents could have supported me in same vein as we support our offspring ( my parents did a wonderful jo...
by KlangFool
Sun Nov 19, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Oregon makes you save, unless you object. NYT article
Replies: 50
Views: 2888

Re: Oregon makes you save, unless you object. NYT article

I was appalled by the fee as well. They act like they are doing everyone a favor, but one could also set up direct deposit to a low-expense-ratio Vanguard IRA. Of course, I realize that some payrolls are by check still and not direct deposited into a bank account or an investment account. The main ...
by KlangFool
Sun Nov 19, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 36
Views: 2796

Re: Why I am not happy even with OK Net Asset

OP, 1) It depends on your annual expense. You have 800K and if your annual expense is 40K, you are doing great. If your annual expense is 200K, you are not doing as well. 2) At this net worth level, it all comes down to the house. If you have a 400K house, you are doing great. If you have a 2 millio...
by KlangFool
Sat Nov 18, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2503

Re: What we don't know

We really don't know anything when it comes to investing,do we?Almost daily I see posts on Bogleheads that make me feel this way Which is better a CD ladder or bond fund,with interest rates this low? Which is better index funds or a low cost managed fund (Wellington,Wesley,Primecap...)? Am I saving...
by KlangFool
Sat Nov 18, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2503

Re: What we don't know

We know to save as much as possible, am i save too much and missing life today invest in low cost funds, But something like Bitcoin makes me think is stocks and bonds best pick an appropriate asset allocation, exactly what is best keep debt reasonable Ok I can go with that or use debt sparingly , a...
by KlangFool
Sat Nov 18, 2017 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2503

Re: What we don't know

We really don't know anything when it comes to investing,do we?Almost daily I see posts on Bogleheads that make me feel this way Which is better a CD ladder or bond fund,with interest rates this low? Which is better index funds or a low cost managed fund (Wellington,Wesley,Primecap...)? Am I saving...
by KlangFool
Sat Nov 18, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: 529 or not 529?
Replies: 13
Views: 975

Re: 529 or not 529?

OP,

How old are you?

KlangFool
by KlangFool
Sat Nov 18, 2017 8:44 am
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 83
Views: 5355

Re: Is holding bonds now dangerous?

Playing devil's advocate a bit, current 10 year treasury yields are around 2.3% whereas the S&P index dividend yield is 1.9%. The bond principal and yield is certain never to change over 10 years, whereas the principal and yield on the S&P is likely to increase over the same 10 years. UncleLongHair...
by KlangFool
Fri Nov 17, 2017 9:28 pm
Forum: Investing - Help with Personal Investments
Topic: Refinance 30yr to 15yr mortgage?
Replies: 21
Views: 1868

Re: Refinance 30yr to 15yr mortgage?

OP, Why would you prepay principal on a rental property? A) If it is cash flow positive and you are making money out of it, why would you put more money into it? B) If it is not cash flow positive and you are not making money out of it, why would you keep the property? If you have extra money, inve...
by KlangFool
Fri Nov 17, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to navigate through college expenses and possible early retirement
Replies: 7
Views: 545

Re: How to navigate through college expenses and possible early retirement

OP,

https://www.madfientist.com/how-to-acce ... nds-early/

You can access Retirement account early without paying penalty. So, there is no reason not to max up all your tax-advantaged accounts.

KlangFool
by KlangFool
Fri Nov 17, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 34
Views: 2141

Re: Current precarious equity environment for a retiree

OP, For the past 10+ years, I have no job security. I could be forced into permanent unemployment and/or under-employment. I could be forced into early retirement at any time. As a result, I planned for the worst with my AA. I could survive a recession/downturn with unemployment lasting 5 years at a...
by KlangFool
Fri Nov 17, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Window 10 Update -> Biometric , Cannot log in (Read this)
Replies: 10
Views: 422

Re: Window 10 Update -> Biometric , Cannot log in (Read this)

I have an older HP Envy dv6, and I just got pushed an update last night. If I recall, I uninstalled the fingerprint software quite awhile ago, but I suspect I may be running into this issue later. Thanks for the post. Klang , what's a biometric ? Biometric in this context refers to fingerprint scan...
by KlangFool
Fri Nov 17, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Window 10 Update -> Biometric , Cannot log in (Read this)
Replies: 10
Views: 422

Re: Window 10 Update -> Biometric , Cannot log in (Read this)

Can you remove biometric feature? HueyLD, I finally did by uninstalling the HP Simplepass program. It seems to cause a lot of problems and I do not use the fingerprint scanner. KlangFool Soo..this is a case of HP's biometric not playing well with Win 10? Trying to ID if this is an HP/hardware-drive...
by KlangFool
Fri Nov 17, 2017 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1801

Re: Portfolio Review

Just looked up the saver's credit and unfortunately between pension and civilian job, my annual household income is not less than $50k. Exafchick, << Note that the credit is based on Adjusted Gross Income; if you contribute to a deductible IRA or 401(k), this will lower your AGI and may make you el...
by KlangFool
Fri Nov 17, 2017 1:42 pm
Forum: Personal Consumer Issues
Topic: Window 10 Update -> Biometric , Cannot log in (Read this)
Replies: 10
Views: 422

Re: Window 10 Update -> Biometric , Cannot log in (Read this)

Rupert wrote:
Fri Nov 17, 2017 1:34 pm
Was this the Windows Creators update? And can you tell us more about your hardware?
Rupert,

1) I believe so.

2) HP Envy 15T laptop.

KlangFool
by KlangFool
Fri Nov 17, 2017 1:41 pm
Forum: Personal Consumer Issues
Topic: Window 10 Update -> Biometric , Cannot log in (Read this)
Replies: 10
Views: 422

Re: Window 10 Update -> Biometric , Cannot log in (Read this)

HueyLD wrote:
Fri Nov 17, 2017 1:33 pm
Can you remove biometric feature?
HueyLD,

I finally did by uninstalling the HP Simplepass program. It seems to cause a lot of problems and I do not use the fingerprint scanner.

KlangFool
by KlangFool
Fri Nov 17, 2017 1:31 pm
Forum: Personal Consumer Issues
Topic: Window 10 Update -> Biometric , Cannot log in (Read this)
Replies: 10
Views: 422

Window 10 Update -> Biometric , Cannot log in (Read this)

Folks, This is FYI. 1) So, Window 10 push an update to my home computer. 2) Then, my laptop computer is running constantly and the fan is on all the time. 3) I found that the biometric service is running wild at 30% of my CPU power. 4) I google and find a way to shut down the biometric service. I sh...
by KlangFool
Fri Nov 17, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1801

Re: Portfolio Review

OP, If you do not need your current income for your living expense, you could contribute more of your income to the pre-tax 401K account. You may do that in order to qualify for saver's credit. https://www.bogleheads.org/wiki/Saver%27s_credit You should do a tax forecast with a tax software to chec...
by KlangFool
Fri Nov 17, 2017 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Finance Simplicity
Replies: 36
Views: 1804

Re: Finance Simplicity

OP, You work hard for your money. You earn 50K per year. It is about $25 per hour. It takes about 40 hours to earn $1,000. You could spend a few hours learning about the tax laws and saves a few thousand in tax every year. Why won't you do it? Let's conservatively estimate the tax savings/credit tha...
by KlangFool
Fri Nov 17, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Finance Simplicity
Replies: 36
Views: 1804

Re: Finance Simplicity

I make $50,000 a year so I'm not in a top tax bracket. I under stand if your making a million a year and you have to pay 40% in taxes. But for someone like me to get ahead and stay simple, - dividing money up in all these different accounts is a no go. jharri1271, At your income level, the differen...
by KlangFool
Fri Nov 17, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1801

Re: Portfolio Review

OP, If you do not need your current income for your living expense, you could contribute more of your income to the pre-tax 401K account. You may do that in order to qualify for saver's credit. https://www.bogleheads.org/wiki/Saver%27s_credit You should do a tax forecast with a tax software to chec...
by KlangFool
Fri Nov 17, 2017 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 34
Views: 1801

Re: Portfolio Review

OP, If you do not need your current income for your living expense, you could contribute more of your income to the pre-tax 401K account. You may do that in order to qualify for saver's credit. https://www.bogleheads.org/wiki/Saver%27s_credit You should do a tax forecast with a tax software to check...
by KlangFool
Fri Nov 17, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Refinance 30yr to 15yr mortgage?
Replies: 21
Views: 1868

Re: Refinance 30yr to 15yr mortgage?

OP, Why would you prepay principal on a rental property? A) If it is cash flow positive and you are making money out of it, why would you put more money into it? B) If it is not cash flow positive and you are not making money out of it, why would you keep the property? If you have extra money, inves...
by KlangFool
Wed Nov 15, 2017 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: 55+ Early retirement offer.
Replies: 40
Views: 4694

Re: 55+ Early retirement offer.

Rumors are swirling at my employer that an early retirement package will be offered to those 55 and older with 10 years of service. Said semi imaginary package will be up to 1 year return of salary with cobra paid by company. If this does materialize, It sounds very good to me. I think when a compa...
by KlangFool
Wed Nov 15, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6556

Re: Sobering article for my 25 year old self

Folks, So, the fundamental problem is this. A) A person at 25 years old could save 15% if and only if he is fully-employed over the next 40 years. But, if this turns out to be not true for this person after 20 years and this person has only 5 more years of working life, the person does not get a sec...
by KlangFool
Wed Nov 15, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6556

Re: Sobering article for my 25 year old self

AZAttorney11, A person could not be 4.5% unemployed. We are not a statistic. << Again, it’s absurd to suggest that someone who is 25 and wants to work to 65 will only have 20 years of “full employment.”>> I do not suggest. This happened to many of my peers. They are permanently unemployed or under-...
by KlangFool
Wed Nov 15, 2017 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6556

Re: Sobering article for my 25 year old self

[quote=AZAttorney11 post_id=3620191 time=<a href="tel:1510784947">1510784947</a> user_id=61729] ^ It's absolutely nonsense that a 25 year old, who is otherwise healthy, ready, willing, and able to work, will only have 20 years of time to accrue earnings. So what are all of these people aged 25-65 d...
by KlangFool
Wed Nov 15, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6556

Re: Sobering article for my 25 year old self

^ It's absolutely nonsense that a 25 year old, who is otherwise healthy, ready, willing, and able to work, will only have 20 years of time to accrue earnings. So what are all of these people aged 25-65 doing when they aren't working for 20 years? This is fear mongering. AZAttorney11, Please note th...
by KlangFool
Wed Nov 15, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6556

Re: Sobering article for my 25 year old self

Folks, IMHO, the real sobering thought for a 25 years person is that for many people, it is unlikely that they will be continuously fully-employed until retirement age. They are likely to be unemployed for 6 months to 1 year if not longer. Recessions will occur regularly. They will be affected by on...
by KlangFool
Wed Nov 15, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Sobering article for my 25 year old self
Replies: 57
Views: 6556

Re: Sobering article for my 25 year old self

Folks, 1) If you are 25 years old, you are betting on N number of years of working life. Then, you save accordingly. If you bet it wrong or you hit a period of unemployment last longer than your savings, you will be wiped out. 2) For most people, they doubled down by buying a big and expensive (3 X ...
by KlangFool
Wed Nov 15, 2017 2:48 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

Mr.BB wrote:
Wed Nov 15, 2017 11:13 am
Check out Michelin Premier A/S
+1.

KlangFool
by KlangFool
Wed Nov 15, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

There is also free installation till 11/22 at costco which saves about $60 more. Can anybody confirm this? I have not seen free installation in years at Costco. They just ping pong $70 rebate between Michelin and Bridgestone every few weeks. https://tires.costco.com/Home.aspx?whs=337 It is not free...
by KlangFool
Wed Nov 15, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

The high treadwear ratings do come at a performance cost. Long tread life requires a harder compound, which means less grip. I would read the tests at Tire rack and look at all the ratings. The relationships between treadwear and wet and dry traction are not always direct and all most folks will li...
by KlangFool
Wed Nov 15, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

The high treadwear ratings do come at a performance cost. Long tread life requires a harder compound, which means less grip. I would read the tests at Tire rack and look at all the ratings. The relationships between treadwear and wet and dry traction are not always direct and all most folks will li...
by KlangFool
Wed Nov 15, 2017 9:54 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

3) I buy tire rated at 60K miles and up model. It is the better deal. KlangFool The high treadwear ratings do come at a performance cost. Long tread life requires a harder compound, which means less grip. I would read the tests at Tire rack and look at all the ratings. The relationships between tre...
by KlangFool
Tue Nov 14, 2017 11:45 pm
Forum: Personal Consumer Issues
Topic: Paying for news?
Replies: 44
Views: 2331

Re: Paying for news?

OP,

I pay for www.stratfor.com. As for the rest, it is not worth my time reading them.

KlangFool
by KlangFool
Tue Nov 14, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

OP,

1) They are both fine tire brands.

2) I buy whatever that is on-sale at Costco with $70 off at the moment.

3) I buy tire rated at 60K miles and up model. It is the better deal.

KlangFool
by KlangFool
Tue Nov 14, 2017 9:00 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

Hi, need to get some new tires for my 2010 Prius - all-season tires for rainy northern WA state. Costco seems best. But don't know whether to go for the Michelin Premier or one of the Bridgestone tires (Ecopia EP20 or Turanza Serenity Plus). Any advice? I'm cost-sensitive, but not as much as I am s...
by KlangFool
Tue Nov 14, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 55
Views: 2609

Re: Michelin or Bridgestone?

Hi, need to get some new tires for my 2010 Prius - all-season tires for rainy northern WA state. Costco seems best. But don't know whether to go for the Michelin Premier or one of the Bridgestone tires (Ecopia EP20 or Turanza Serenity Plus). Any advice? I'm cost-sensitive, but not as much as I am s...
by KlangFool
Tue Nov 14, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: What route to go? IRA-Roth IRA-etc
Replies: 10
Views: 516

Re: What route to go? IRA-Roth IRA-etc

OP-,

Start with the basic information needed in order to advice you.

A) What is your marginal tax rate?

B) Do you pay state income tax?

C) Are you or your spouse a full-time student this year?

KlangFool
by KlangFool
Tue Nov 14, 2017 6:51 am
Forum: Personal Consumer Issues
Topic: Tipping in living wage state. Redux.
Replies: 85
Views: 4558

Re: Tipping in living wage state. Redux.

OP, I do not believe over-tipping to be a problem. I believe that people with lowered income have a tough life even with a living wage. There are plenty of starving and homeless people. The capital area food bank helps 540K people per year. This is about 12% of DC area population. https://www.capita...