Search found 128 matches

by gmc4h232
Tue Jun 05, 2018 6:34 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9746

Re: What are you doing with cash?

Dont you have to reduce the yield of money market funds by the fund's expense ratio to determine the annual percentage yield? Or does the SEC yield amount already take the ER reduction into account?

VMRXX: 1.97% SEC Yield - 0.10% ER = 1.87% APY??
by gmc4h232
Sun May 20, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1115
Views: 270035

Re: Best watch for around $5,000?

I used to be the first one to say nice watches are a waste of money, but a friend of mine got me into them (dang peer pressure). I just sold a bunch of collectibles on eBay to finance an Oris Divers 65 on stainless bracelet for $1,000 on eBay. Keeps excellent time for an automatic watch. I spent a l...
by gmc4h232
Wed May 09, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: What's the view on dogs running free?
Replies: 110
Views: 5703

Re: What's the view on dogs running free?

Just turn the hose on the dog. If that fails, turn the hose on the neighbor....One of them should get the hint.

Otherwise you might consider moving.
by gmc4h232
Thu May 03, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 5085

Re: How old is too old for a vehicle, even for a well running one ?

For one, you never know when something might fail due to age and become an expensive repair. The person driving an old car might be taking a chance, as it is much more likely for a 15 + car to break down than a newer one. I would argue that failure is more likely to be caused by lack of/improper ma...
by gmc4h232
Mon Apr 30, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: Trout Fishing
Replies: 4
Views: 616

Re: Trout Fishing

small mepps, panther martins, and rooster tails on ultra light rod.

https://www.mepps.com/information/trout ... nt/454#K1D
by gmc4h232
Sun Apr 15, 2018 2:22 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1999

Re: Having Child; Car Purchase maybe?

Why buy a new car when the kid will just trash it? Let them trash the old car.
by gmc4h232
Wed Apr 11, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Help with shared child being spoiled
Replies: 46
Views: 4153

Re: Help with shared child being spoiled

ddurrett896 wrote:
Wed Apr 11, 2018 5:22 pm
My thinking was to maybe tie it to a job. For example, he asks for a $5 toy and the response is "ok but it's going to cost you 2 bags of raked leaves when we get home."
Get the 2 bags of raked leaves up front, and btw you can fit a lot more leaves in a bag if they are ground up....just sayin
by gmc4h232
Mon Mar 26, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Nice tax problem to have – Please Advise
Replies: 14
Views: 2770

Re: Nice tax problem to have – Please Advise

I too have had to pay a penalty and I disagree with the poster who said it's small enough that I you can underpay and make more by investing the money. The penalty is 3% per quarter your late. I do not know of any safe investment that returns that kind of number. Turbotax calculated my penalty to b...
by gmc4h232
Mon Mar 26, 2018 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Nice tax problem to have – Please Advise
Replies: 14
Views: 2770

Re: Nice tax problem to have – Please Advise

I like holding only VG Total Stock and VG Total International Stock in my taxable account which pay only moderate dividends and dont sell that often to limit cap gains. Say you owed 7,000 to the feds at tax time. Depending on when you pay the bill, and current interest rates, the penalty would be ap...
by gmc4h232
Mon Mar 26, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations Before Recharacterizing 2017 Roth IRA Contribution to Traditional IRA Contribution
Replies: 3
Views: 260

Re: Considerations Before Recharacterizing 2017 Roth IRA Contribution to Traditional IRA Contribution

The low tax bracket and the pension would argue more for Roth IRA than traditional IRA in my mind. But it appears she is in a phase out because 15% of any contribution she could make does not equal $1,200. Unless there is state tax that would explain it. How big is her traditional IRA? I expect the...
by gmc4h232
Mon Mar 26, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations Before Recharacterizing 2017 Roth IRA Contribution to Traditional IRA Contribution
Replies: 3
Views: 260

Considerations Before Recharacterizing 2017 Roth IRA Contribution to Traditional IRA Contribution

Greetings, My mother is 63 and semi-retired (still works part time). She maxed out her Roth IRA for 2017, and her accountant is telling her that she could potentially save $1,200 on 2017 taxes by recharacterizing that contribution to a traditional IRA contribution. Does it make sense to do this? Wha...
by gmc4h232
Mon Mar 26, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: Recurring brake rotor problem
Replies: 31
Views: 1934

Re: Recurring brake rotor problem

Rotors that are warped will pulsate during braking. This generates a vibration that can be felt in the brake pedal as well as the steering wheel. The level of vibration depends on the severity of the warping. I dont know if this is the grinding sensation you describe, but one fix is to have the roto...
by gmc4h232
Sat Mar 24, 2018 5:13 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 24215

Re: Anyone Deleting Facebook?

Account deactivated...Not so much for privacy concerns, but because I was mindlessly scrolling again. Better to focus on my own life than reading about the edited highlights of others. We'll see how long I can last this time. Held out about a month or so last time. It's been 24 hrs and I feel fine. ...
by gmc4h232
Wed Mar 14, 2018 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pay cash or go crazy (and take 2.5% loan and invest
Replies: 30
Views: 2451

Re: Pay cash or go crazy (and take 2.5% loan and invest

Surely you can negotiate a better price paying cash rather than financing - especially on a slightly used car.
by gmc4h232
Sat Mar 10, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Men's Cologne
Replies: 59
Views: 4750

Re: Men's Cologne

Skip the cologne. Who are you trying to impress anyways? A Masculine Scent that other people would want to smell on you is probably an oxymoron. Nobody - especially the opposite sex - wants to smell a truly masculine scent on anybody. So you will likely end up smelling like a bunch of chemicals that...
by gmc4h232
Sun Feb 25, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 6118

Re: 3 layers of roof. Pull my offer??

I never understood why people put multiple layers of shingles on a roof to save a few bucks - yeah you can put two layers on, but the flashing and the underlayment are more important in my opinion. Does the roof leak? If not, I wouldn't worry about it at the moment if you really like the house. Try ...
by gmc4h232
Tue Feb 20, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: House rewiring - cost of copper
Replies: 29
Views: 2204

Re: House rewiring - cost of copper

Sounds like you are trying to time the copper market....You know bogleheads dont support market timing.
by gmc4h232
Thu Feb 15, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 14136

Re: What big item (>20k) are you saving up for?

Saving up to buy a bridge to 72(t).
by gmc4h232
Wed Feb 07, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 14687

Re: Financial Hole

Joe- As I read through some of these posts, THIS is what came to mind. It sounds like for where you live you are doing your best. Yes, you could reduce a few expenses here and there. It seems like a BIG move to a LCOL area with better employment options might be best. Also if you could live with a ...
by gmc4h232
Wed Feb 07, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Hole
Replies: 163
Views: 14687

Re: Financial Hole

Any unnecessary habits to cut? Smoking, drinking, lottery, etc? Can you adjust withholding on your paycheck to get a little more in your pocket on payday? If you've cut all the fluff out of your budget, time to start cutting the meat. There are still cuts you can make, you know there are, they just ...
by gmc4h232
Sat Jan 27, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Cigar buying help
Replies: 39
Views: 2526

Re: Cigar buying help

Why dont you try one of Cigars International Samplers if you dont know exactly what you're looking for?
by gmc4h232
Fri Jan 26, 2018 9:02 pm
Forum: Personal Consumer Issues
Topic: Chevrolet Suburban - 1500 or 2500?
Replies: 26
Views: 1910

Re: Chevrolet Suburban - 1500 or 2500?

Used to drive a 2500 suburban. I just remember the gas pump cutting off before the tank was full because you could only buy $100 at a time and the tank was like 42 gallons. Man the mpg on that thing sucked. Better hope gas doesnt get back in the $4/gallon range.
by gmc4h232
Fri Jan 26, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Liquidate or distribute stocks in settling an estate?
Replies: 15
Views: 1007

Re: Liquidate or distribute stocks in settling an estate?

I think the underlying question is which scenario (liquidate vs distribute shares) results in the largest inheritance to the heirs. Is the answer that the value of the inheritance will be the same under either circumstance and no capital gains taxes are owed regardless due to the step up in basis? I...
by gmc4h232
Mon Jan 22, 2018 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Gift of Stock - Logistics question
Replies: 3
Views: 252

Re: Gift of Stock - Logistics question

It may be more appropriate to talk to the parents and potentially set up a 529 plan for the kid. UTMA/UGMA are also options. I would definitely do an index fund or ETF and not an individual stock if you dont go the 529 route. I personally would absolutely want to be consulted if I were the child's p...
by gmc4h232
Sun Jan 21, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: Ally savings rate raised to 1.20%
Replies: 51
Views: 9102

Re: Ally savings rate raised to 1.20%

Looks like interest rate bumped up again to 1.35% on savings accounts.
by gmc4h232
Tue Jan 16, 2018 5:00 pm
Forum: Personal Consumer Issues
Topic: best flooring for a basement wood shop?
Replies: 27
Views: 1778

Re: best flooring for a basement wood shop?

If this is truly a dedicated shop, I would recommend just exposing plywood floor and possibly adding a layer if desired (perpendicular to the existing layer). Add sheet vinyl if you want to be able to mop. If you decide to change the use in the future, then it will be an easy upgrade. No way would i...
by gmc4h232
Fri Jan 12, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: 0W-20 Synthetic Motor Oil
Replies: 58
Views: 7400

Re: 0W-20 Synthetic Motor Oil

Is changing just the filter and topping off any lost oil still a thing? I've heard that some people do that.
by gmc4h232
Thu Oct 19, 2017 5:22 pm
Forum: Personal Consumer Issues
Topic: idiot proof router?
Replies: 53
Views: 5095

Re: idiot proof router?

This Bosch one is a pretty good all around router https://www.boschtools.com/us/en/boschtools-ocs/combo-pack-routers-1617evspk-27718-p/ I hadnt seen a wireless router before, but here is one from makita that is probably pretty nice. http://www.homedepot.com/p/Makita-5-0-Ah-18-Volt-LXT-Lithium-Ion-Br...
by gmc4h232
Mon Oct 16, 2017 6:57 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 9313

Re: What are you driving? And would you buy your current ride again?

2014 Honda Accord Sport - I drive 30k miles a year in this and would definitely buy again 2007 Jeep Patriot base model- DW's car. She seems to like it. Personally I think it's one of the ugliest cars on the road. No cruise control, average fuel economy, no pep, no real cargo room, 2wd + no ground cl...
by gmc4h232
Thu Sep 28, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 132
Views: 20313

Re: My boneheaded financial mistakes

Any young bogleheads reading about these bonehead mistakes and making mental notes not to repeat them? Mine: 1. staying in undergrad 5 yrs to double major instead of finding full time work after year 4 to maximize savings while young 2. staying in low paying part time job for a year after graduation...
by gmc4h232
Sat Sep 23, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Struggling with tax implications
Replies: 22
Views: 2967

Re: Struggling with tax implications

You don't need to have your taxable managed as a conservative bond-rich sub-account because you might spend some. We have a 100% equity taxable account. If I want to spend say $50K of "fixed income" I sell 50K of equity in taxable and withdraw it and simultaneously buy 50K of equity in tax-sheltere...
by gmc4h232
Thu Sep 21, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 28419

Re: I won the Lottery. Need sound advice.

I'm hoping that without the burden of debt, my mindset towards money and saving and spending will alter. I think it's gonna take a little more than just hope to alter a mindset that has developed over the course of your lifetime. Need to learn good financial habits and practice them daily. You are ...
by gmc4h232
Sun Sep 17, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Color printer suggestions: high quality output, low cost of ink
Replies: 22
Views: 1942

Re: Color printer suggestions: high quality output, low cost of ink

+1 on the laser recommendation. If you aren't printing regularly, inkjet cartridges will just sit there and dry up. Currently having this issue with my Brother Print-Copy-Scan-Fax multi-function printer. It's currently out of yellow ink because I probably printed one color page a few months ago and ...
by gmc4h232
Wed Aug 23, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Is anybody using BND as a way to park cash?
Replies: 23
Views: 2807

Re: Is anybody using BND as a way to park cash?

I just got done moving a chunk of money from Ally into Vanguard's Short Term Investment Grade Bond fund to accomplish exactly what you're talking about. This fund has a shorter average duration than BND, which in theory reduces the interest rate risk. The key is to hold in a tax advantaged account. ...
by gmc4h232
Sun Jul 23, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 14292

Re: What's your personal savings rate?

I dont think I'd ever calculated this before. Looks like approximately 35%-40% of gross going to 401ks, IRAs, and taxable brokerage accts.

This doesn't count the double mortgage payment we make every month which one may or may not consider savings.
by gmc4h232
Sat Jul 15, 2017 10:57 am
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 21933

Re: How are folks handling the unprecedented rise in the market ?

Unprecedented in the sense that the political environment is so volatile As opposed to oh, say, during the civil war ? Agreed, political environment has been volatile since 1776. That volatility just comes in different forms - revolution, secession, assassinations, wars, scandals, impeachments, etc.
by gmc4h232
Sun Jul 09, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: Coyote control
Replies: 66
Views: 5315

Re: Coyote control

jambadoc wrote:I would invest in a roadrunner.
This. Load up on the ACME stock as well. Gonna be a spike in anvil sales...
by gmc4h232
Sat Jul 08, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: How are you a leader in personal finance?
Replies: 29
Views: 3761

Re: How are you a leader in personal finance?

I think most of us are leaders in the area of personal finance... I am not sure that the premise of your statement is correct. In order to be a leader you need followers, and I get the impression that many Bogleheads keep to themselves about their philosophies on handling money and investments and ...
by gmc4h232
Fri Jun 30, 2017 1:11 pm
Forum: Personal Consumer Issues
Topic: Wrecked Vehicles and Whether or Not to Keep Them
Replies: 34
Views: 3038

Re: Wrecked Vehicles and Whether or Not to Keep Them

Driving a vehicle with a "salvaged title" isn't that much different from "clean title" vehicle. To me, it sounds like you were in the zone for a vehicle upgrade before the accident. The "salvaged title" really does hurt the resale/trade value. Dealers will not likely take it trade or will give you ...
by gmc4h232
Sun Jun 18, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Siblings in disagreement over mom's house.
Replies: 241
Views: 25642

Re: Siblings in disagreement over mom's house.

I understand logic doesn't always prevail when sentiment and nostalgia are involved, but surely the threat of a partition sale would make them realize that they can work with you, get the house sold quickly and split all the proceeds, or get a lawyer involved and achieve the same end result and end ...
by gmc4h232
Sat May 27, 2017 9:48 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 15981

Re: i am my own "guy," but not sure I should advertise that

It occurred to me that I maybe should keep my mouth shut about relying on BH. Is sharing the good word something that you do, or is evangelizing, to borrow a term, more likely to cause harm than good? Very few people believe that they are intentionally making poor investment decisions with their ha...
by gmc4h232
Sat May 20, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 3327

Re: Job loss

while devastating in the moment, it probably turned out to be the best thing that ever happened Too often we get comfortable in a position and just set the autopilot and mindlessly accept annual token raises and achieve no real professional growth, and before we know it, 30 yrs have passed. Shakeup...
by gmc4h232
Tue May 16, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: 1999 Honda Accord 175,000 miles CEL Code P1456
Replies: 13
Views: 1933

Re: 1999 Honda Accord 175,000 miles CEL Code P1456

you could probably get another hundred thousand miles out of this car if you wanted to. All the repairs you've mentioned are regular maintenance or insignificant. Just find a decent local mechanic - dont use the dealer for non warranty work. here is TSB regarding that engine code https://www.autocod...
by gmc4h232
Mon May 15, 2017 2:53 pm
Forum: Personal Consumer Issues
Topic: Replace floor BEFORE or AFTER New Cabinets?
Replies: 32
Views: 4787

Re: Replace floor BEFORE or AFTER New Cabinets?

Floor should go in first if you are replacing cabinets. There will be no issues with dishwasher assuming cabinets are standard height. There is no good reason to try to piece tile around cabinets. Laying, grouting, and cleaning tile is messy and the last thing i would want is to get my nice (expensi...
by gmc4h232
Fri May 12, 2017 10:48 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 5693

Re: Price for brakes and rotors?

Buy new rotors and pads all around and don't forget to bleed the brakes while you're there. What is logic behind bleeding brakes when just changing pads and rotors? I know it's good practice to replace brake fluid after X amount of miles which would require bleeding, but for a standard brake job, i...
by gmc4h232
Mon Apr 17, 2017 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Best for Scottrade transfer?
Replies: 14
Views: 2661

Re: Best for Scottrade transfer?

Since they'll be merged soon anyway, we're transferring over our accounts from Scottrade to TDA ahead of time to collect bonuses. My wife recently did an in-kind full transfer of her Roth IRA from Scottrade to TDA. The bonus posted within a day of the transfer and TDA says that they will reimburse ...
by gmc4h232
Sun Apr 16, 2017 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Best for Scottrade transfer?
Replies: 14
Views: 2661

Re: Best for Scottrade transfer?

Since they'll be merged soon anyway, we're transferring over our accounts from Scottrade to TDA ahead of time to collect bonuses. My wife recently did an in-kind full transfer of her Roth IRA from Scottrade to TDA. The bonus posted within a day of the transfer and TDA says that they will reimburse ...
by gmc4h232
Thu Mar 16, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Giving Issue
Replies: 6
Views: 796

Re: Charitable Giving Issue

"demanded some satisfaction" "Demand securities back" "Demand approximately half of the securities back" "I dont want to get into a debate about the ethics of making a donation for tax purposes, or rescinding charitable donations" It's understandable to be disappointed in the mistake. I believe Cha...
by gmc4h232
Thu Mar 16, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Giving Issue
Replies: 6
Views: 796

Charitable Giving Issue

Greetings all! Last November, I donated some appreciated securities to a local charitable organization that was qualified to give up to 65% of the value of the donation back to me as a state tax credit. The charitable organization had a fixed dollar amount of credits that they were authorized to giv...
by gmc4h232
Thu Mar 16, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: How do Bogleheads handle allowance?
Replies: 38
Views: 3837

Re: How do Bogleheads handle allowance?

My mom pays kids a bounty for every housefly they kill. We don't have any kids, so she usually uses this technique with any kids that show up with her house party guests.