Search found 978 matches

by sls239
Mon Aug 03, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase: extended coverage title insurance versus Municipal Records Search
Replies: 11
Views: 509

Re: Home purchase: extended coverage title insurance versus Municipal Records Search

I don't know about the extended part, but I do buy the owners title insurance policy. Last move was a corporate relocation where you technically are selling the house to the re-lo company who then resell it to the buyers - and someone - I think the relocation company's title company which was based ...
by sls239
Mon Aug 03, 2020 12:11 pm
Forum: Investing - Theory, News & General
Topic: What Would Be Your US/Int Equity Split If You Lived Outside US?
Replies: 16
Views: 733

Re: What Would Be Your US/Int Equity Split If You Lived Outside US?

I'm not sure I could answer this question without a lot more details. Different countries have their own retirement set-ups and their own health-care set-ups and their own housing markets and arrangements. So my whole allocation, my whole goal, not just the domestic / international split might look ...
by sls239
Wed Jul 01, 2020 12:54 pm
Forum: Personal Consumer Issues
Topic: Landlord expectations: Rats in the yard
Replies: 80
Views: 5692

Re: Landlord expectations: Rats in the yard

Just remember pregnant wife needs to stay away from unfamiliar cats and their feces.
by sls239
Sat Jun 27, 2020 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Very Suspect Collection Agency Letter
Replies: 16
Views: 1369

Re: Very Suspect Collection Agency Letter

I had a collection show up on my credit report once. It was for someone with the same name as me and state of residence but when disputed they could not match anything else. So away it went. Sometimes collections companies are more eager than accurate. Don’t want a $35 bogus charge to get to point ...
by sls239
Sat Jun 27, 2020 10:07 am
Forum: Investing - Theory, News & General
Topic: lump sum investing vs dollar cost averaging in the present market
Replies: 66
Views: 3208

Re: lump sum investing vs dollar cost averaging in the present market

Do you see yourself under just about any circumstances needing this money in the next 5-10 years? no this is for my children or for me say 30 years from now. The point is I saw an article showing that LSI usually outperforms, but when it doesn't, it can underperform a lot compared to DCA. I try to ...
by sls239
Sat Jun 27, 2020 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Very Suspect Collection Agency Letter
Replies: 16
Views: 1369

Re: Very Suspect Collection Agency Letter

I had a collection show up on my credit report once. It was for someone with the same name as me and state of residence but when disputed they could not match anything else.

So away it went.

Sometimes collections companies are more eager than accurate.
by sls239
Sat Jun 27, 2020 9:43 am
Forum: Investing - Theory, News & General
Topic: lump sum investing vs dollar cost averaging in the present market
Replies: 66
Views: 3208

Re: lump sum investing vs dollar cost averaging in the present market

Do you see yourself under just about any circumstances needing this money in the next 5-10 years?
by sls239
Fri Jun 26, 2020 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Going Thru Divorce
Replies: 41
Views: 6635

Re: Going Thru Divorce

Before the divorce is final you will need to establish who will be maintaining the health insurance for the child and what proportion of out of pocket expenses you will be responsible for. You would also be well advised to know under what conditions child support can be modified / recalculated. And ...
by sls239
Fri Jun 26, 2020 10:14 am
Forum: Personal Investments
Topic: Help with College Funds advice from a FA
Replies: 50
Views: 2181

Re: Help with College Funds advice from a FA

So in general, what this person is suggesting is that you lower the credit quality of the bonds you buy in order to get a higher interest rate Did he give any explanation as to why that was the best strategy for your situation? A good FA will not just list off funds to buy. They will explain the str...
by sls239
Thu Jun 25, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 105
Views: 7919

Re: Question - Reloc to TX

Unless you just need several bedrooms a multi-car garage and a school district, I would hesitate to buy in Frisco. I think you can expect there to be nice rentals available. Frankly, they are still building new homes around there, and trying to sell a home when people have the option of a brand new ...
by sls239
Thu Jun 25, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Target Date Funds doing it backwards?
Replies: 68
Views: 8002

Re: Target Date Funds doing it backwards?

He makes the common mistake of using more money as the goal.
That is not the goal.
The goal is enough money.
by sls239
Wed Jun 24, 2020 4:28 pm
Forum: Investing - Theory, News & General
Topic: A bond duration glide path for retirement investing
Replies: 61
Views: 4135

Re: A bond duration glide path for retirement investing

Well doesn't credit risk have a duration component? I mean isn't it inherently more difficult to evaluate credit risk on a longer duration bond?
by sls239
Wed Jun 24, 2020 4:16 pm
Forum: Investing - Theory, News & General
Topic: A bond duration glide path for retirement investing
Replies: 61
Views: 4135

Re: A bond duration glide path for retirement investing

Can someone explain to me why it is interest rate risk that should be singled out as important enough to drive the selection of bond duration?
by sls239
Wed Jun 24, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Buying "fixed income immediate annuity". How do I compare them?
Replies: 49
Views: 2275

Re: Buying "fixed income immediate annuity". How do I compare them?

So have you considered putting $475K into an annuity and leaving $10K as the inheritance? Or 465K and 20K? Or... you get the idea. If the inheritance portion were invested, it could also help on the off chance that inflation becomes a problem. I think you are trying to use an annuity to solve issues...
by sls239
Wed Jun 24, 2020 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Buying "fixed income immediate annuity". How do I compare them?
Replies: 49
Views: 2275

Re: Buying "fixed income immediate annuity". How do I compare them?

Have you gotten quotes for separate annuities?

I guess I'm not understanding why each person can't just get their own.
by sls239
Wed Jun 24, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Keep House and Rent Long Distance or Sell?
Replies: 16
Views: 1000

Re: Keep House and Rent Long Distance or Sell?

I'd consider everything you said to be a selling feature. People renting out their basements are right there to keep an eye on things. If you rented out the upstairs, they would not consider it their responsibility to keep an eye on the tenet downstairs. It may be a good opportunity, but likely not ...
by sls239
Tue Jun 23, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: View Refinancing as Bond Investment?
Replies: 11
Views: 520

Re: View Refinancing as Bond Investment?

Most people 12 years out from retirement would be looking to decrease risk in their portfolios. As your housing becomes more secure, you may find that you do not need to do that as much as you might have with a larger outstanding mortgage balance. But I don't think the act of refinancing in itself -...
by sls239
Tue Jun 23, 2020 8:08 am
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 13847

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

I think the article is rather kind to the board by focusing on substance only.
by sls239
Sun Jun 21, 2020 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan vs Cash
Replies: 38
Views: 2602

Re: Car Loan vs Cash

So you have four kids, but they aren't quite old enough to have gotten involved in expensive activities or to determine if they will have struggles with school.

I suggest sticking to that $25k budget.
by sls239
Tue Jun 16, 2020 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Would you rent your house to a famous athlete?
Replies: 104
Views: 8055

Re: Would you rent your house to a famous athlete?

No, but I'd certainly ask the realtor if marketing the house as a potential investment property (for someone else) would be warranted.

Then the interested athlete would become a selling feature.
by sls239
Mon Jun 15, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional or Roth for @ Home Wife?
Replies: 4
Views: 354

Re: Traditional or Roth for @ Home Wife?

Yes, I've done that. They even spell it out in chart form

https://www.irs.gov/publications/p590a# ... 1000230476
by sls239
Mon Jun 15, 2020 2:41 am
Forum: Personal Finance (Not Investing)
Topic: Prenup? What Should It Say?
Replies: 232
Views: 11552

Re: Prenup? What Should It Say?

No. The 50k is the pretend earnings on the 1M over the one year of marriage. That's what would remain yours if the marriage lasted a year and you had a pre-nup of the type you are talking about but otherwise would likely be split as marital property. So actually the savings is basically half that, $...
by sls239
Sun Jun 14, 2020 10:44 pm
Forum: Personal Consumer Issues
Topic: Undergrad college list parameters.
Replies: 100
Views: 4279

Re: Undergrad college list parameters.

If this person is already passionate about this particular field, then I think the best advice would come from people who are doing the work she is interested in doing. If this is just a plan she selected because somebody expects her to have a plan, then really she should just look at schools with g...
by sls239
Sun Jun 14, 2020 10:15 pm
Forum: Investing - Theory, News & General
Topic: Private Equity Gets a Big Win With U.S. Nod to Tap 401(k) Plans
Replies: 65
Views: 5272

Re: Private Equity Gets a Big Win With U.S. Nod to Tap 401(k) Plans

So this is a way of selling ownership in non-publicly owned companies to the public?
by sls239
Sun Jun 14, 2020 9:42 pm
Forum: Personal Consumer Issues
Topic: Feminine Beauty Products - best bang for your buck?
Replies: 35
Views: 3398

Re: Feminine Beauty Products - best bang for your buck?

I use the Neutragena ultra gentle face wash. I've used the CeraVe before and it's ok too but a little thinner in consistency. I put it on a Target washcloth so that takes care of the exfoliating part. I use a cotton ball with some Alba botanical acnedote astringent on it for the rare pimple. That's ...
by sls239
Sun Jun 14, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup? What Should It Say?
Replies: 232
Views: 11552

Re: Prenup? What Should It Say?

Most pre-nups that are upheld are of short duration 5-7 years and phase out over that period. And that is assuming there are not extenuating circumstances. And Extenuating circumstances might be more common than the name implies. You would definitely want to delve into that. Consider it to be insura...
by sls239
Sat Jun 13, 2020 4:44 pm
Forum: Personal Investments
Topic: Make Non-Deductible Traditional IRA Contributions Near Retirement?
Replies: 14
Views: 846

Re: Make Non-Deductible Traditional IRA Contributions Near Retirement?

Do you have any way of using this money to reduce your future expenses?

In particular consider healthcare and mortgage expenses.
by sls239
Sat Jun 13, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend paying rent
Replies: 107
Views: 10614

Re: Girlfriend paying rent

Correct me if I'm wrong, but you two expect to sleep in the same room right? If so, this situation really has nothing to do with rent or the market value of anything. Put that out of your mind because you chose to buy this house by yourself and not rent out any other rooms, not her. At the same time...
by sls239
Wed Jun 10, 2020 4:07 pm
Forum: Personal Consumer Issues
Topic: Good dusting cloth (that doesn't just move dust around) Also Air Purifiers?
Replies: 41
Views: 2555

Re: Good dusting cloth (that doesn't just move dust around) Also Air Purifiers?

First I use my vacuum cleaner with the brushy attachments to dust. It has a HEPA filter on it. Then I wipe with a barely damp rag. If you use a microfiber cloth, you need to launder them only with other synthetic fabrics. I have special zip covers for my mattress and pillowcases. I also double case ...
by sls239
Wed Jun 03, 2020 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 30
Views: 2123

Re: 529 Plan Strategy

I think you do risk over-funding given your parameters. But that is assuming you blindly follow it for the next 18 years.

I think you should prioritize retirement, then put some into education savings and remain flexible while taking your child's demonstrated needs into consideration.
by sls239
Wed Jun 03, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 6124

Re: Selling wife's 1-year old car?

What will her commute be if you buy the house? Who will be dropping baby off at childcare? Who will be taking baby to well checks? Who will do diaper runs? Who will buy baby's clothing? Who will handle birthday parties, visits to the grandparents, photography sessions, and playdates? Your reasoning ...
by sls239
Wed Jun 03, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's expectations of subsidizing her friends' lives
Replies: 82
Views: 4518

Re: Wife's expectations of subsidizing her friends' lives

I suggest starting with getting on the same basic financial page. For example, does she agree that you guys should be saving 20% of income for retirement / rainy day? Does she agree with how much money goes to joint expenses like rent? Once you can agree on a basic plan, then you can discuss how muc...
by sls239
Wed Jun 03, 2020 2:37 pm
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 34232

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]

It reduces the risk over a period of time during which they may gain clarity.

In short, DCA is just a way of buying time. Literally.
by sls239
Wed Jun 03, 2020 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 34232

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]

Would you ever think, now is the time to take less risk, pull 200k out, and slowly put it back in? Yes, I would, I have (not 200K though), and I did. It involved moving and buying a house and going to a single income at a new job. To me that sounds like you AA was too risky based on new life change...
by sls239
Wed Jun 03, 2020 2:14 pm
Forum: Investing - Theory, News & General
Topic: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]
Replies: 760
Views: 34232

Re: Why Dollar Cost Averaging (DCA) is a mental accounting bias and should never be used [vs. lump sum]

Would you ever think, now is the time to take less risk, pull 200k out, and slowly put it back in?
Yes, I would, I have (not 200K though), and I did.

It involved moving and buying a house and going to a single income at a new job.
by sls239
Thu May 21, 2020 4:25 pm
Forum: Personal Consumer Issues
Topic: Please recommend a comfortable sofa bed
Replies: 19
Views: 1092

Re: Please recommend a comfortable sofa bed

We got one from Eurway a long time ago that was like a futon, but much firmer.

It was great. Like slept on it while pregnant when the bed got too toasty great.
by sls239
Wed May 20, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: Safely disinfecting frozen food packages from corona virus?
Replies: 51
Views: 3795

Re: Safely disinfecting frozen food packages from corona virus?

Generally speaking, I don't think you should. Frozen food should go in the freezer. The longer it spends out of the freezer, the worse it is from a food safety perspective. Absolutely do not submerge the frozen item - that will cause a lot of heat transfer and compromise food safety. And the differe...
by sls239
Fri Mar 13, 2020 5:51 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing into stocks when they fall is unrealistic
Replies: 126
Views: 10739

Re: Rebalancing into stocks when they fall is unrealistic

This is what happens when you don't take your spouse's risk tolerance into consideration when setting the asset allocation in the first place.
by sls239
Mon Nov 18, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: morality, kids, tuition etc
Replies: 68
Views: 4547

Re: morality, kids, tuition etc

There's an inherent assumption in both plans - that it will only take 4 years to graduate.

That begs the questions - does the student know what they want to study and are they well prepared to go into that course of study on the main track with no added courses?
by sls239
Fri Nov 15, 2019 7:07 pm
Forum: Personal Investments
Topic: Separate $ in...retirement??
Replies: 38
Views: 3775

Re: Separate $ in...retirement??

I think your wife values her independence and is potentially afraid of losing that in retirement. Try and empathize with that. She speaks as if she simply wants to be in charge of her own life, not that she wants to hoard her money away from you or blow through it all. I don't think drastic changes ...
by sls239
Fri Nov 15, 2019 6:08 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 40
Views: 3236

Re: Letting retirement funds grow, without further contribution

Is there a match? Do you need reduce your AGI? Would a contribution qualify for the retirement savers tax credit?

In short - never turn down free money.
by sls239
Fri Nov 15, 2019 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: California Divorce, Our Son
Replies: 28
Views: 5164

Re: California Divorce, Our Son

Absolutely this is a matter of specific state laws.

It may well be that contributions made to an account before marriage are considered separate property but earnings on the account during the marriage could be considered marital property.
by sls239
Fri Nov 15, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Bigger car for baby?
Replies: 62
Views: 3176

Re: Bigger car for baby?

My advice is to wait. Until the child is about two or three years old and you can rule out some major medical or developmental issues. Having a child can change finances drastically, can change lifestyles drastically, and it is better to get a handle on that first. Do whatever you need to do in the ...
by sls239
Wed Oct 09, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Dilemma buying a new house
Replies: 31
Views: 2900

Re: Dilemma buying a new house

I've done all the combinations. Sell rent buy; same day close; buy then sell. My favorite was buy then sell. And you know who buys homes winter? People who really don't have much choice as to when they move and don't want to rent or people who have been waiting for a house like yours to come on the ...
by sls239
Mon Oct 07, 2019 7:11 pm
Forum: Personal Consumer Issues
Topic: Document Storage: what format? (paper, fiche, scan,..?)
Replies: 43
Views: 4251

Re: Document Storage: what format? (paper, fiche, scan,..?)

I got the scansnap based on the recommendations here previously. It has been glorious. It has seen me through the purchase and sale of two houses, one car, and a divorce. I also scan in a selection of my kid's schoolwork and test scores. And greeting cards. And medical records because the school is ...
by sls239
Sat Aug 17, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Moving for better public schools?
Replies: 64
Views: 5945

Re: Moving for better public schools?

I don't know what AP classes have to do with educational opportunity. Where I live, plenty of the kids are taking significant coursework through special programs. Some of that coursework doesn't have a corresponding AP class, and some does, but the class is through the CC. None of that will show up ...
by sls239
Fri Jun 14, 2019 7:04 pm
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 6457

Re: (Water Filtration System) Miracle we are all not dead

Also, for those concerned about chlorine or simply sensitive to the odor, it breaks down readily. Just leaving a pitcher of water in the fridge overnight - no filter needed - will significantly reduce the amount of chlorine. That said, I use a pur filter because I do worry a bit about cryptococcus. ...
by sls239
Fri Jun 07, 2019 7:07 pm
Forum: Personal Consumer Issues
Topic: Refrigerator Advice
Replies: 46
Views: 3936

Re: Refrigerator Advice

Since you bought the french-door style I have two pieces of advice

1) Get a fridge bin for raw meat - if you eat meat - to absolutely prevent cross contamination
2) Place boxes in the freezer on their sides, as if you were filing them in a filing cabinet.
by sls239
Tue Apr 02, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: 11-year old with iPhone - advice on how best to manage?
Replies: 68
Views: 5485

Re: 11-year old with iPhone - advice on how best to manage?

I got my 12 yo son a Motorola Android phone and use the "family link" app. It lets you set a certain amount of time the phone can be used for something other than talking, and I let him manage that time as he sees fit. But it goes away when they turn 13, unless you lie about the age when setting it ...
by sls239
Fri Mar 29, 2019 9:58 pm
Forum: Investing - Theory, News & General
Topic: Help on Women and Investing
Replies: 90
Views: 6476

Re: Help on Women and Investing

Also, there's a family finances board on Babycenter that has been going strong for many years which is mostly women giving advice to women.

In such an environment, there is a general acceptance of the specific challenges women face due to our culture and not denials of their existence.