Search found 187 matches

by Misenplace
Wed Oct 10, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Diversifying with a zero-correlation, zero-return volatile asset
Replies: 66
Views: 3539

Re: Diversifying with a zero-correlation, zero-return volatile asset

Nate79 wrote:
Wed Oct 10, 2018 9:42 am
When do we get the answer?
Alphaless’ proof convinced me.
by Misenplace
Mon Oct 08, 2018 11:18 pm
Forum: Personal Consumer Issues
Topic: What are your strategies when shopping for a house?
Replies: 38
Views: 3342

Re: What are your strategies when shopping for a house?

After working with a terrific architect and high quality builder to build our home some 12+ years ago, I don’t know how we are going to downsize, although we will have to at some point. Now I know what a quality build is, and none of the spec builders or developer company builders appear to do quali...
by Misenplace
Thu Oct 04, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to Invest 10 Million Portfolio at 40 without income
Replies: 56
Views: 8630

Re: Best way to Invest 10 Million Portfolio at 40 without income

Wanderingdoc and KyleAAA, it might be better if you take your discussions offline instead of hijacking OP’s thread.
by Misenplace
Wed Sep 26, 2018 11:19 pm
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4354

Re: Anyone ever tired of managing hair and consider shaving to go bald

Be prepared to wash your pillowcase much more frequently than weekly. All that sebum has to go somewhere if not your hair. Take it from personal experience. But nevertheless, I am in favor of the shaved look.
by Misenplace
Mon Sep 24, 2018 10:41 pm
Forum: Personal Consumer Issues
Topic: Acoustic Pianos
Replies: 42
Views: 2059

Re: Acoustic Pianos

Can I recommend a book to you- it is an easy read and will enlighten you as to the process of buying a piano and of the piano selling industry? The Piano Book: Buying & Owning a New or Used Piano by Larry Fine and Keith Jarrett +1 The piano industry is not unlike the used car industry, with a few e...
by Misenplace
Sun Sep 09, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: $250,000 family loan to parents?
Replies: 50
Views: 4633

Re: $250,000 family loan to parents?

Please consult, ASAP, a certified Eldercare attorney. You parents are in the zone of one of them perhaps needing Medicaid down the road (no, I'm not kidding). Even with their level of assets and income, if ONE of them needs Nursing Home care (currently $10K+ per month on the East Coast, at least) t...
by Misenplace
Sun Sep 09, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Just got a new job, looking for a bit of advice on what to do
Replies: 8
Views: 1212

Re: Just got a new job, looking for a bit of advice on what to do

With my new income, I understand that I won't be able to contribute to a Roth IRA next year. It seems that everyone says the Roth IRA is the best thing ever, but I'm trying to figure out if it makes sense in my situation. If I expect my income to be significantly lower when I want to retire, wouldn...
by Misenplace
Sat Sep 01, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: So who's rebalancing stocks to bonds right now?
Replies: 38
Views: 4649

Re: So who's rebalancing stocks to bonds right now?

My asset allocation is 60% equity: 40% bonds and equivalents. 30% of equity is International index. I've rebalanced at least twice over the past year by moving my tax advantaged accounts heavier into bonds. In my taxable accounts, I've also tax loss harvested my short term International Index losses...
by Misenplace
Sat Sep 01, 2018 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to retire early. Is my math right?
Replies: 29
Views: 3766

Re: Wanting to retire early. Is my math right?

At age 60 I can start withdrawing from these accounts (maybe 401k first since IRA can be inherited?). age 65 Medicare Hi Smashleyjones. Welcome to the forum! Just wanted to point out 2 things: Both 401k and IRA can be inherited. They would both be rolled into a stretch IRA if the beneficiary was al...
by Misenplace
Fri Aug 31, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: Need suggestion for firm foam mattress
Replies: 19
Views: 1770

Re: Need suggestion for firm foam mattress

This page is very informative about shopping on-line for a foam mattress. They use the only highest quality latex. I've had one for over a year now, and have never slept better on another bed.

https://www.foamsweetfoam.com/mattress-information
by Misenplace
Mon Aug 27, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to jump in. My investment plan
Replies: 9
Views: 816

Re: Ready to jump in. My investment plan

A couple of additional points. Generally, folks like to have equities in their Roth accounts. That's because equities usually provide the greatest return over the long haul, and eventually you will be able to tap those Roth earnings tax free. Also, if you have a 403b, you may also have access to a 4...
by Misenplace
Mon Aug 27, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Ready to jump in. My investment plan
Replies: 9
Views: 816

Re: Ready to jump in. My investment plan

Welcome to the forum Jeam. It is good that you will have a high savings rate going forward. What are your ages? If you are in your mid 30s to mid 40s, then 70:30 equity:bond ratio is probably OK. Since you both have 403b's, I assume that you work for local government. It also appears that you have a...
by Misenplace
Sun Aug 26, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: What to put in a care package for college student
Replies: 44
Views: 2743

Re: What to put in a care package for college student

Money, food, and a note. He just started college. Being reminded that he’s loved at home can be quite warming in what can be a confusing time. +1 A loving note on an artistic card that he can put on his desk or bulletin board. These seemed to be the most highly appreciated by our college student. O...
by Misenplace
Wed Aug 22, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: I own 1,387 items!
Replies: 128
Views: 10514

Re: I own 1,387 items!

[quote=ChowYunPhat post_id=4081569 time=<a href="tel:1534951788">1534951788</a> user_id=54148] [quote=DanMahowny post_id=4081511 time=<a href="tel:1534950304">1534950304</a> user_id=123823] My dog "owns" more than 100 things. :D hahahah. This thread is so awful I can't turn away from it. I think my...
by Misenplace
Fri Aug 17, 2018 1:31 am
Forum: Personal Consumer Issues
Topic: What to do in Seattle around Christmas?
Replies: 29
Views: 1528

Re: What to do in Seattle around Christmas?

The Georgian Room at the Fairmont Olympic puts on a holiday Teddy Bear tea- great for a 3+ year old. There is also a merry go round during the holiday season set up near Pacific Place/Macy’s/Nordstrom. Look for outdoor opportunities- tide pooling, boat rides, nature walks. So the idea of renting a p...
by Misenplace
Thu Aug 09, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Old dog needs to learn to manage his investments
Replies: 60
Views: 5475

Re: Old dog needs to learn to manage his investments

PKcrafter is right, you are being fleeced. The problem is, you are not the only one. I see this all the time doing taxes for the elderly as an AARP volunteer. Invariably, the client says "he must be fine, he sends me a Christmas card every year with a picture of his family and a holiday letter." By ...
by Misenplace
Sun Jul 29, 2018 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1400

Re: Investment accounts for teens to control

You can have an account for them at Vanguard in which they give you access and trading authority, but they do not have any view of your accounts. It all depends upon the permissions that are set. If one of your children is being paid in cash, they should claim that money on a tax return. Then you ge...
by Misenplace
Fri Jul 27, 2018 3:26 am
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1400

Re: Investment accounts for teens to control

Sorry that was unclear. Obviously gifting low basis stock only works if the gains are tax sheltered, which is why I am asking about whether there are any tax advantages to using an UTMA account. If not, we will fund with cash. Yes, there is some tax sheltering in a UTMA account. I referenced that i...
by Misenplace
Thu Jul 26, 2018 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1400

Re: Investment accounts for teens to control

Yes, it will be taxed anyway, but you lose the opportunity to use your capital losses to offset gains. Not a concern - I'd either fund with cash or low basis stock. edited to underline a point I address below Also, their taxes are more complex to prepare (at least in the past). Believe me I know on...
by Misenplace
Thu Jul 26, 2018 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1400

Re: Investment accounts for teens to control

The earnings are going to be taxed either way - the kiddie tax isn't in addition to the tax it would have under our ownership. Yes, it will be taxed anyway, but you lose the opportunity to use your capital losses to offset gains. Also, their taxes are more complex to prepare (at least in the past)....
by Misenplace
Thu Jul 26, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1400

Re: Investment accounts for teens to control

The other downside is that the earnings are subject to the kiddie tax.
https://www.bogleheads.org/wiki/Kiddie_tax
by Misenplace
Wed Jul 25, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Closing Wealthfront and Betterment accounts: Guidance requested
Replies: 32
Views: 2632

Re: Closing Wealthfront and Betterment accounts: Guidance requested

What is the problem with the TLH on these robo-advisor accounts? Hi AlphaPilot, the problem is when you use two roboadvisers like Wealthpoint and Betterment, the right hand doesn't know what the left hand is doing, so you can end up with the TLH being disallowed because of wash sales. https://www.b...
by Misenplace
Fri Jul 13, 2018 1:09 am
Forum: Investing - Help with Personal Investments
Topic: Need Advice with Lively HSA Investment Options - TDA
Replies: 8
Views: 1757

Re: Need Advice with Lively HSA Investment Options - TDA

Good to see your suggestion. "My suggestion is, first, don't be a Vanguard snob, and secondly, use the following commission free ETFs from SPDR: SPTM - US Market Index fund SPDW - Developed ex-US Market Index fund SPEM - Emerging Markets Index fund" What is the desired asset allocation/weight of ab...
by Misenplace
Sat Jun 30, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with portfolio, template included
Replies: 5
Views: 632

Re: Need help with portfolio, template included

Duckie’s suggestions are spot on, and exactly what I would do in your situation. It will be easy to manage- all you have to do is once a year check the percentages in your 401(k) and rebalance.

Good job on saving, making the 401k match, and pulling this information together.
by Misenplace
Sat Jun 30, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Good Idea to sell these stocks at $0 Cap Gain?
Replies: 9
Views: 1020

Re: Good Idea to sell these stocks at $0 Cap Gain?

Scottrade (Roth)--Will eventually transfer this to Vanguard Roth: Symbol------Name------------Shares-----Price-----Purchase value-------Gain------------Value MSFT----Microsoft Corp-----52.000----$98.61------$1,487.96--------$3,639.76-------$5,127.72 If this stock is held in a Roth, there is no reas...
by Misenplace
Thu Jun 28, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Umbrella Policy: Right amount for $7 mil net worth?
Replies: 76
Views: 11126

Re: Umbrella Policy: Right amount for $7 mil net worth?

Sure but should a person with 750k(an amount they really dont want to lose) have a 750k policey(say 75% of cases) or 5 million(say 99.9% of cases)? Now those percentages are made up but you can see why as soon as you hit the point where you dont want to lose your money, you need about the same leve...
by Misenplace
Mon Jun 25, 2018 12:24 am
Forum: Personal Finance (Not Investing)
Topic: help me figure out the best retirement account type for my situation (i401k, 403b, etc.)
Replies: 4
Views: 479

Re: help me figure out the best retirement account type for my situation (i401k, 403b, etc.)

You say your husband may not be continuing his business for much longer. If your husband wraps up his business, my understanding is that he would have to close his business 401k and each participant would need to roll their account into another 401k or IRA. Here is a thread on WCI that discusses the...
by Misenplace
Sun Jun 24, 2018 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Compliments for Vanguard?
Replies: 40
Views: 3393

Re: Compliments for Vanguard?

Thank you Celia for starting this thread. We have had a Vanguard mutual fund since 2001, but we finally wised up and dumped our other mutual funds in 2011 and consolidated a lot of our accounts at Vanguard. They held our hand and made the transfer painless. We are flagship clients, and could not be ...
by Misenplace
Sun Jun 24, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay college tuition from a 529?
Replies: 56
Views: 5664

Re: How to pay college tuition from a 529?

The University our one and only attends does not take credit cards, or I would have put the tuition on my 2% cash back Fidelity card. So instead I have Vanguard 529 admins cut a check directly to the university, and include student ID no. on the memo. Tax forms all come out on student’s SS#, so tax ...
by Misenplace
Sun Jun 24, 2018 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Please critique my portfolio
Replies: 8
Views: 753

Re: Please critique my portfolio

Daphne, You are doing great, the important thing is to keep saving for your retirement. You seem like a great auntie, but until you have paid off your mortgage and ensured that you have at least 25x expenses saved, I urge you to not even think about putting money in a 529 for your niece/nephew. As t...
by Misenplace
Fri Jun 15, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Need thoughts retirement plan with a possibly unfortunate wrinkle
Replies: 14
Views: 2922

Re: Need thoughts retirement plan with a possibly unfortunate wrinkle

Twist, I think maximizing your 401k contributions, and having an overall 70% equity/30% bond is a good idea. If you decide to cash out the annuity, you can invest the proceeds in a Total US Stock Index fund and a Total International Stock Index fund. Then you would keep your bond allocation in your ...
by Misenplace
Thu Jun 07, 2018 8:01 pm
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5630

Re: daughter wants a college transfer?

She got a 3.4 doing premed her first year at Cornell? Wow. She did extremely well. Cornell has a notoriously brutal curve in the premed/engrg classes. She will most likely only do better as she advances, and the classes will get smaller and more intimate, especially her jr and sr year. If she wants ...
by Misenplace
Thu Jun 07, 2018 1:28 am
Forum: Investing - Help with Personal Investments
Topic: Need thoughts retirement plan with a possibly unfortunate wrinkle
Replies: 14
Views: 2922

Re: Need thoughts retirement plan with a possibly unfortunate wrinkle

Hey twist, Don’t rush into anything yet. Your investments are all in a good place, you are saving for the future, and you are on your way. Next Task is to make a good decision on the annuity. So let’s get the bottom line on it. Get that in force illustration first, and let the kind strangers here ta...
by Misenplace
Wed Jun 06, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Need thoughts retirement plan with a possibly unfortunate wrinkle
Replies: 14
Views: 2922

Re: Need thoughts retirement plan with a possibly unfortunate wrinkle

Welcome to the forum Twist! Nice first post. I've inserted some comments into your post in italics, and also had a few other suggestions below. So here's where I'm at (numbers rounded): Current 401K: Fidelity, $133,000 93% FUSVX FID 500 INDEX PR (.04% Expense) 7% MWTIX (Bonds) Contributing 5%, Compa...
by Misenplace
Mon Jun 04, 2018 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 15244

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

OP, You have an MD and a MBA, and you are looking to get to the back of the line behind folks about 40 years your junior. You will definitely get into a top tier law school, because I have no doubt that you will ace the LSATs, and you have sterling credentials. Any law school would be thrilled to ad...
by Misenplace
Sat Jun 02, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: June in Paris: What to (or not to) wear, see and do?
Replies: 53
Views: 3299

Re: June in Paris: What to (or not to) wear, see and do?

Someone on our travels recommended that we dine at the RESTAURANT GEORGES at the top of the Centre Pompidou. So the next time we were in Paris we did. Highly recommend it. The decor of the restaurant (indeed, the whole building) is a funky ‘Austin Powers ‘ type of place. So that alone was fun. But t...
by Misenplace
Fri Jun 01, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 19155

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

For me, this was the most interesting response to OP. I say this as a full-pay parent of a highly-qualified student at a top-tier Liberal Arts College in the NE. I guess I'll be that guy . :) Do they really need to go to college? Many jobs of the future, including the "hottest" in-demand jobs right ...
by Misenplace
Tue May 22, 2018 5:59 pm
Forum: Personal Consumer Issues
Topic: Buying a Woman's Tag Heuer On-line
Replies: 41
Views: 2687

Re: Buying a Woman's Tag Heuer On-line

You're going about this wrong. I purchased an Omega Speedmaster in-person from a reputable watch shop. I showed up with a pile of $100 bills, spread the money on the counter and said I was serious about buying today if they would give me a 40% discount. I think we settled on a 32% discount. Came wi...
by Misenplace
Thu May 03, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 16461

Re: How do you know when you have "won the game"?

You are doing great. You have won the game. But it sounds as if you want/need to work longer to support the lifestyle you have become accustomed to living. I guess I would not include the cars in net worth. They are rapidly depreciating assets. Also, if you have that size house in a LCOL area (just ...
by Misenplace
Tue May 01, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: At what point should you hire a financial advisor?
Replies: 25
Views: 2685

Re: At what point should you hire a financial advisor?

Hi all, LP Investments - $500,000 This. Do a search on this forum about LP Investments. I have also observed first hand (doing taxes for the elderly) the inappropriate investments they sell their customers. I agree with the advice above regarding estate and tax planning, also remember liability ins...
by Misenplace
Sat Apr 28, 2018 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 11581

Re: Cashing out of the Bay Area

There's zero chance that I would want to move back. I don't like the Bay Area anymore and doubt that I would even visit after I leave. I'm only here for work. *** No, I'm not interested in being a landlord, and would rather have far less of my net worth tied up in real estate. I'm absolutely certai...
by Misenplace
Fri Apr 27, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 72
Views: 9545

Re: Using Vanguard’s advisors

Vanguard PAS definitely takes into account tax considerations. I participated in a free portfolio review earlier this year. When first I spoke to the assigned advisor, I got the impression that he had not looked closely at our portfolio and was winging it. That was fine with me, I was just going thr...
by Misenplace
Thu Apr 26, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: How did you tell the boss you're leaving/retiring?
Replies: 129
Views: 10660

Re: How did you tell the boss you're leaving/retiring?

When I gave my retirement notice about 3 years ago, I was prepared to be walked out the door. I think it is the wisest strategy. You are an at will employee, just as they are an at will employee. I gave my notice in late May, telling them I would be willing to work until the end of August if they wa...
by Misenplace
Sat Apr 21, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Europe- Zurich<->Paris- 10 days
Replies: 34
Views: 2703

Re: Europe- Zurich<->Paris- 10 days

A couple of years ago I rented a 2 bedroom apartment from Paris Vacation Apartments (commonly known as PVA on various travel boards). I would use them again.

http://parisvacationapartments.com
by Misenplace
Sun Apr 15, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Spain in May end
Replies: 32
Views: 2157

Re: Spain in May end

Another vote here for the Basque country. Bilboa is an incredibly easy airport with connections to Amsterdam. Renting a car is simple there- the major rental companies are a short walk from your gate (no shuttle needed!). I think I liked the city of Bilbao better than the more beautiful San Sebastia...
by Misenplace
Tue Feb 06, 2018 3:31 am
Forum: Investing - Theory, News & General
Topic: Merrill Lynch site crashed today (VG fine)
Replies: 20
Views: 1655

Re: Merrill Lynch site crashed today (VG fine)

Triceratops,
I have obviously hit a nerve here, and I am not sure why. Please take a look at my posts because I don’t think I said what you are saying that I said.
Bonne nuit,
Misenplace
by Misenplace
Tue Feb 06, 2018 2:55 am
Forum: Investing - Theory, News & General
Topic: Merrill Lynch site crashed today (VG fine)
Replies: 20
Views: 1655

Re: Merrill Lynch site crashed today (VG fine)

Just wanted to give equal time here, because everyone seems to jump on VG when there is an issue. However, they are overall better than every other alternative out there. Agree to disagree, because this has most definitely not been my experience and your assertion is unproven (and I would argue, is...
by Misenplace
Tue Feb 06, 2018 1:50 am
Forum: Investing - Theory, News & General
Topic: Merrill Lynch site crashed today (VG fine)
Replies: 20
Views: 1655

Merrill Lynch site crashed today (VG fine)

Just wanted to post my own experience here. Had no problems doing a few rebalancing orders on Vanguard today about an hour before market close. But when I went to the Merrill Lynch site to finish my rebalancing activities, I could not get on until after the close of market (too late). Just wanted to...
by Misenplace
Mon Jan 08, 2018 1:53 am
Forum: Local Chapters and Bogleheads Community
Topic: DD just got married !
Replies: 39
Views: 4644

Re: DD just got married !

Congratulations Woodspinner! What a wonderful story. I can’t think of a better and healthier way to start a marriage, surrounded by in-laws who care and wish for their offspring only the best.
Misenplace