Search found 689 matches

by LarryAllen
Tue Oct 17, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 63
Views: 5319

Re: Vanguard expects "decent sized correction" soon

Eventually one of the "experts" will be right but the market has been ready for a correction for 2-3 years by MANY expert's opinions. I am glad I didn't listen! Yes, eventually there will be a correction. It may be big and it may be small. Who knows. However, I am fairly confident there are no true ...
by LarryAllen
Mon Oct 16, 2017 9:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sacramento, CA Area Chapter - Master Thread
Replies: 79
Views: 17352

Re: Sacramento, CA Area Chapter - Master Thread

tapotti wrote:
Mon Oct 16, 2017 8:29 pm
Hi all,

Had a question for the group

I live in Elk Grove.

I generally handle my own finances, but I'm looking for a tax advisor in the Sacramento area. Do any of you have any recommendations?

Thanks!
Staszak & Co. in Folsom
Williams and Olds in Sac
Sides and Ferkovich in Fair Oaks
by LarryAllen
Mon Oct 16, 2017 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Wills/Trust/Estate Planning - How best to review legal documents
Replies: 21
Views: 1467

Re: Wills/Trust/Estate Planning - How best to review legal documents

Find names you recognize and reach those paragraphs. Another thing you can do is make a list of questions. For example: - Where does it specify what age our kids get access to the money? - Where are the names of our back up trustees listed? - Where are our medical decision makers listed? etc.... The...
by LarryAllen
Mon Oct 16, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: First Post (gulp) - Request for Advice on selling inherited home
Replies: 20
Views: 1509

Re: First Post (gulp) - Request for Advice on selling inherited home

I deal with investors a lot in probate settings and regardless of what they say they will only be paying an amount that gives them a pretty good profit when they flip it. I thus would only sell to an investor if you don't mind paying a big chunk for getting rid of the house. Whatever you do though d...
by LarryAllen
Mon Oct 16, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: Where to notarize legal zoom documents? Trouble getting witnesses
Replies: 14
Views: 826

Re: Where to notarize legal zoom documents? Trouble getting witnesses

I believe the witness and notarization requirements for wills may differ by state. Make sure to comply with applicable state requirements. Agreed. I see notarized wills here in California all the time. Notaries are not supposed to notarize wills in CA. They can be one of the witnesses but they aren...
by LarryAllen
Mon Oct 16, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 2997

Re: Bonus pushed back - should I be annoyed?

I would keep your annoyance to yourself at work. As an employer I would find it irritating that an employee was complaining about the timing of a "bonus." I don't like it when they get uppity, either. In fact, I think employees who complain should not be employed at all. If they want to remain empl...
by LarryAllen
Mon Oct 16, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Where to notarize legal zoom documents? Trouble getting witnesses
Replies: 14
Views: 826

Re: Where to notarize legal zoom documents? Trouble getting witnesses

UPS Store.

Also be very careful that you read the instructions for witnesses and execute it properly. I have seen this messed up before.
by LarryAllen
Mon Oct 16, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 2997

Re: Bonus pushed back - should I be annoyed?

I would keep your annoyance to yourself at work. As an employer I would find it irritating that an employee was complaining about the timing of a "bonus."
by LarryAllen
Mon Oct 16, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: Wireless ear buds-Bone conduction headphones
Replies: 7
Views: 583

Re: Wireless ear buds-Bone conduction headphones

I bought these and they are great. I go running, shoot baskets, etc... and they stay in. Wireless and $27. I got them on Amazon Prime day for $20 but even at $27 they are worth it in my opinion.

https://www.amazon.com/gp/product/B018X ... UTF8&psc=1
by LarryAllen
Sun Oct 15, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: So I did this...Capital One Money Market $200 bonus
Replies: 11
Views: 1019

Re: So I did this...Capital One Money Market $200 bonus

Oh, definitely worth it, as far as the money goes. But there is the overhead of time wasted and added stress of debt. If I were consulting, I would be charging well over $300/hour. If it takes me more than an hour to deal with it, then it isn't worth the money. I only did the Chase offer because I ...
by LarryAllen
Sat Oct 14, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3697

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

However, I personally would refuse to do business with someone that wouldn't talk to me while driving. That's very self-centered as it not only endangers yourself but also others. I hope that people just hang up on you when you insist that they be complicit in this selfish behavior. What are you ta...
by LarryAllen
Fri Oct 13, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Best bank for managing accounts from different entities, trusts, businesses, etc....
Replies: 15
Views: 1459

Re: Best bank for managing accounts from different entities, trusts, businesses, etc....

Thought I would rekindle my own thread to see if anybody has any updated banking info. I still haven't done anything. Adding high level of banking security in lieu of the equifax breach. Anybody have any new ideas or input?
by LarryAllen
Fri Oct 13, 2017 7:52 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3697

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

There is little doubt that you are correct that phone conversations create distracted driving. However, I personally would refuse to do business with someone that wouldn't talk to me while driving. Maybe one day that will be the norm but for now talking on the bluetooth phone is the norm while drivi...
by LarryAllen
Fri Oct 13, 2017 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Intentionally Defective Grantor Trust to avoid estate tax limit?
Replies: 20
Views: 1636

Re: Trust to avoid estate tax limit?

Trusts aren't cheap to set up and keep running. Should be no costs to keep running. If you need to make changes you would amend it the same as if you have a will but no costs to having a trust. [OT comment removed by admin LadyGeek] Also, trusts are not expensive compared to the money they save peo...
by LarryAllen
Fri Oct 13, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Intentionally Defective Grantor Trust to avoid estate tax limit?
Replies: 20
Views: 1636

Re: Trust to avoid estate tax limit?

I am looking for some advice regarding a potential parental gift. My (fairly elderly) mother met with an estate planner. She then contacted my brother and me and told us she wanted to gift a sizeable amount of money to us in a trust. Her understanding was that it would be a single trust but with as...
by LarryAllen
Fri Oct 13, 2017 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Intentionally Defective Grantor Trust to avoid estate tax limit?
Replies: 20
Views: 1636

Re: Trust to avoid estate tax limit?

Trusts aren't cheap to set up and keep running. Should be no costs to keep running. If you need to make changes you would amend it the same as if you have a will but no costs to having a trust. [OT comment removed by admin LadyGeek] Also, trusts are not expensive compared to the money they save peo...
by LarryAllen
Tue Oct 10, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Join ebates for extra cash back
Replies: 22
Views: 1564

Re: Join ebates for extra cash back

I am signed up for at least 5 different cash back sites years ago. I use Mr. Rebates the most. It's great for hotel stays. 3% of a $1,000 Marriott stay is a nice bonus. Plus 1-800-flowers is like 10 or 15%. Lots of nice rebates.
by LarryAllen
Mon Oct 09, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: McDonalds Rick and Morty Szechuan Sauce...$995 ?
Replies: 16
Views: 2368

Re: McDonalds Rick and Morty Szechuan Sauce...$995 ?

Sold listings are in the $50-150 range so nobody is paying $995. Collectors are a bit loco.
by LarryAllen
Sun Oct 01, 2017 8:56 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16199

Re: $10 million+ - Still Working and LBYM

Thanks. I also have always been compulsive about tracking spending - Quicken for 25 years. Our asset allocation is Boglehead boring- 50% total stock market index, 20% foreign index and 30% similarly boring fixed income. I will occasionally get a free portfolio checkup from Fido or Vanguard. $350k a...
by LarryAllen
Sun Oct 01, 2017 8:23 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16199

Re: $10 million+ - Still Working and LBYM

We are a bit less than you but $10m+. Actually hit $11m the other day with the stock market up. Yea for us. Lol. 1. Assuming you are LBYM, how has significant wealth changed your spending habits over time? - We spend more. Still LBYM but spend more than I wish we did. We try to look like the million...
by LarryAllen
Fri Sep 29, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: 3 stages of Financial Independence
Replies: 63
Views: 7008

Re: 3 stages of Financial Independence

I'm not sure these stages apply to the younger generation. I am in my 20s and make good money. Save around 70% of my income. Some would say this would put me in stage 3 (can buy what I want). However I only have around 8x my annual expenses saved thus far, therefore far from FI. I could lose my job...
by LarryAllen
Thu Sep 28, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 6387

Re: I am in the investment advice industry and I'm not sure if I provide any value

I think you are underselling the value you likely provide to a lot of people. First of all most people are NOT DIYers. Yes, most people on BH might be DIY but most people in the world want stuff done for them. You thus are providing a huge service even if all you are doing is investing them in 3 or ...
by LarryAllen
Thu Sep 28, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10996

Re: The Rolex and The Boglehead

TravelforFun wrote:
Wed Sep 27, 2017 10:29 am
My craving for a high-end Rolex mysteriously disappeared after I purchased an Apple Series 2 watch with a nice band.
So true. My wife's Rolex got put away in the safe when she bought her Apple watch. Might never see light of day again! She loves that Apple watch.
by LarryAllen
Wed Sep 27, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10996

Re: The Rolex and The Boglehead

I had one and it was a piece of junk. No joke the thing never kept good time. Looked great but really sucked for that semi-important job of keeping track of the time. Then it got stolen. No loss. Then I bought a Tag which is half the price and twice as bad at telling time. I bought a $20 watch at t...
by LarryAllen
Tue Sep 26, 2017 5:26 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 10996

Re: The Rolex and The Boglehead

I had one and it was a piece of junk. No joke the thing never kept good time. Looked great but really sucked for that semi-important job of keeping track of the time. Then it got stolen. No loss. Then I bought a Tag which is half the price and twice as bad at telling time. I bought a $20 watch at th...
by LarryAllen
Tue Sep 26, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: Sonoma in October
Replies: 56
Views: 4651

Re: Sonoma in October

Always check what band is playing at the little theater in Petaluma next to McNears bar. Great bar and great old theater that occasionally gets some cool bands. I would go to the Laguanitas brewery in Petaluma as it's a very cool spot on a nice afternoon.
by LarryAllen
Tue Sep 26, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 14106

Re: Bay Area Real Estate

It's why people move to places like the suburbs of Sacramento, Brentwood, etc.... Can get a beautiful house, great schools, huge parks, great family areas, and often Bay Area salaries. Yes, some people do end up driving back and forth a couple times a week but many find it to be a worthwhile choice.
by LarryAllen
Mon Sep 25, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11611

Re: Lifestyle Creep

I think travel is where I see it the most with us. Premium economy has become the norm with first class on occasion. Hotels are suites fairly often now rather than standard non-view room. It used to be that staying at Courtyards and Residence Inn was the norm but now it's full service Marriott, Hyat...
by LarryAllen
Mon Sep 25, 2017 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5088

Re: Bogleheads monthly costs of dog ownership?

We have a small mutt and we spend $1,200 a year average.
by LarryAllen
Sun Sep 24, 2017 5:45 pm
Forum: Investing - Help with Personal Investments
Topic: Bloom - cheap robo advisor for 401k
Replies: 6
Views: 852

Re: Bloom - cheap robo advisor for 401k

I appreciate all the replies. I think I will give it a try.
by LarryAllen
Fri Sep 22, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Division of trust assets after death
Replies: 10
Views: 757

Re: Division of trust assets after death

Trustee and benes should prepare a simple agreement documenting these. Brokerage house won't be involved. They just follow trustee's instructions as to trust accounts.
by LarryAllen
Fri Sep 22, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bloom - cheap robo advisor for 401k
Replies: 6
Views: 852

Bloom - cheap robo advisor for 401k

Anybody use Bloom? I can't find any threads about it. Looks interesting. Anybody have anything good, bad, other to say about it?

https://www.blooom.com/about/
by LarryAllen
Thu Sep 21, 2017 4:40 pm
Forum: Personal Consumer Issues
Topic: Tenant wants to break contract. How much to pay an attorney?
Replies: 33
Views: 2363

Re: Tenant wants to break contract. How much to pay an attorney?

You might change the facts slightly so it's not obvious who you are on the very unlikely chance your tenant or his lawyer reads this. You really don't want you strategy being known to the opposition. I thought I hadn't put many specific facts. Ya but I would change the rental amount for example. Yo...
by LarryAllen
Thu Sep 21, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: Tenant wants to break contract. How much to pay an attorney?
Replies: 33
Views: 2363

Re: Tenant wants to break contract. How much to pay an attorney?

You might change the facts slightly so it's not obvious who you are on the very unlikely chance your tenant or his lawyer reads this. You really don't want you strategy being known to the opposition.
by LarryAllen
Thu Sep 21, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Realtor to buy home?
Replies: 36
Views: 2914

Re: Realtor to buy home?

A good Realtor is worth the "cost" to the buyer without a doubt in my experience. A good Realtor will be honest and point out faults with a property, compare/contrast different properties, and help organize things (like home inspections) during the process. Well worth it.
by LarryAllen
Wed Sep 20, 2017 6:45 pm
Forum: Forum Issues and Administration
Topic: Why so many 'negative' responses?
Replies: 20
Views: 1895

Re: Why so many 'negative' responses?

No you're wrong!



Just kidding.

:)

I think it's just life. Lots of contrarians, lots of people looking to pick at scabs, lots of people like to be tough guys behind their keyboards. Just life.
by LarryAllen
Wed Sep 13, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Name Change as a way to Protect Against Identity Theft
Replies: 16
Views: 1381

Re: Name Change as a way to Protect Against Identity Theft

Frankly, I think it would be better if companies stop relying on a SS number and name to extend credit. If there are enough back charges, I expect that will eventually happen. Agreed. The current system was never "designed". But what can we do to take the power back, ourselves? Don't pay for any ch...
by LarryAllen
Wed Sep 13, 2017 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Name Change as a way to Protect Against Identity Theft
Replies: 16
Views: 1381

Re: Name Change as a way to Protect Against Identity Theft

I think changing your name to protected against identity theft is pretty extreme but may help. However, will take a lot of time to get everything organized. I suggested, on a thread yesterday, putting assets into a trust with a tax ID number. That seems like a way of protecting bank accounts better....
by LarryAllen
Wed Sep 13, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18223

Re: Is it really Worth it to brown bag your lunch at work?

Also if one is in a "sales" or variable income type job one may make more money not wasting time by driving somewhere for lunch. Let's say I take a half hour lunch a day instead of one hour, eat at my desk 4 days a week, so 2 hours a week is saved, times 50, x my hourly rate = a lot of money. The co...
by LarryAllen
Tue Sep 12, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: Best Lower Cost USA Cities to Live
Replies: 102
Views: 7497

Re: Best Lower Cost USA Cities to Live

What about Salt Lake City or surrounding area?
by LarryAllen
Tue Sep 12, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Protecting assets from identity theft
Replies: 5
Views: 1273

Re: Protecting assets from identity theft

A good tangent from here would be talking about what banks are the most secure, what they do to secure transactions, etc.... For example, I did a wire by phone from my credit union. They told me they had to send a code to my cell phone which I would then have to tell them. So that seemed like a reas...
by LarryAllen
Sat Sep 09, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 6441

Re: Luxury car: perception vs reality

My rule-of-thumb for the past 50 years has been, Never Buy a Car Costing More Than 6 Months Income. This is Dave Ramsey's rule too. Except that everything you own with a motor combined, not just 1 vehicle, should not exceed 6 months income, cars, boats, motorcycles, etc. That's a good rule. Still w...
by LarryAllen
Tue Sep 05, 2017 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3598

Re: How do you track expenses ?

Been using Quicken for almost 25 years and been very happy. I use the original, saved data to computer, and it works well. Tried Mint and didn't love it. I also use PersonalCapital but it's more of an asset overview for me. Not so much on expenses.
by LarryAllen
Tue Sep 05, 2017 8:50 am
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16947

Re: [Are the Bogleheads] getting less interesting?

I have felt similar happen with other sites I frequent. I think it's often that you become the expert and the threads repeat and thus it gets less interesting.
by LarryAllen
Mon Sep 04, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Questions
Replies: 23
Views: 2802

Re: Estate Questions

I would hire a highly experienced trust attorney, in your state, to represent you as a beneficiary. Based on the size of the trust they should be able to easily provide great value. Perhaps you and your sibs can hire one attorney assuming no conflict of interest between your positions within the tru...
by LarryAllen
Mon Sep 04, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance (Day 1)
Replies: 19
Views: 3441

Re: Inheritance (Day 1)

I am sorry for your loss. Keep doing your homework here and elsewhere. There is no rush for investing this money. Take your time. Keep this information to yourself and try not to change your lifestyle. You likely will but if you try not to then maybe your lifestyle creep will be minimum. Good luck.
by LarryAllen
Sun Sep 03, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Does anyone use Driving Shoes?
Replies: 40
Views: 4039

Re: Does anyone use Driving Shoes?

This may seem an odd question, but does anyone use special shoes for driving? I find I like shoes for driving with thin bottoms to give me the best grip, feeling of control and being one with the car. Also, since footwell space in cars these days is often compromised with broad center consoles, I l...
by LarryAllen
Thu Aug 31, 2017 3:48 pm
Forum: Personal Consumer Issues
Topic: Best practices for moving a family/stuff long distance. Any warnings?
Replies: 29
Views: 1541

Re: Best practices for moving a family/stuff long distance. Any warnings?

Get rid of as much crap as you can. You'll thank me later!

Or go read The Long Haul. It's about a long distance mover. In summation he says movers have very few possessions because they see what a waste it all is moving the crap from here to there and back again. Good book by the way.
by LarryAllen
Thu Aug 31, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One Credit Cards - Disaster
Replies: 42
Views: 5316

Re: Capital One Credit Cards - Disaster

The only "boneheaded mistake" I see here is your elevating your personal experience into a "systemic failure" of Cap One. You had a bad experience, I've had a good one. Neither is proof of the systemic competence of Cap One, they constitute anecdotal evidence only. +1 It's quite unfortunate but it'...