Search found 339 matches

by Mr.BB
Fri Dec 15, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Wow. Just Wow.
Replies: 29
Views: 4757

Re: Wow. Just Wow.

Years ago I used to belong to a small networking group and the problem was if you didn't believe in a person's company or product (they might be a nice person) but let's say they were a representative of Edward Jones or Ameriprise you might feel pressured to recommending people for them because you ...
by Mr.BB
Thu Dec 14, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10893

Re: Do people still use AAA?

I do. I have used it a few times, always paid off to have it. In fact saved a lot of money on my current vacation hotel rate because I had a AAA card.
by Mr.BB
Wed Dec 13, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: Traveling to Italy - 3 weeks in 2017, advice appreciated
Replies: 124
Views: 11710

Re: Traveling to Italy - 3 weeks in 2017, advice appreciated

+1 One of the greatest things about traveling to different countries is seeing the different cultures, their values, beliefs, etc.
by Mr.BB
Sun Dec 10, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: Why is Vanguard switching all accounts to brokerage accounts?
Replies: 41
Views: 4687

Re: Why is Vanguard switching all accounts to brokerage accounts?

I told them my current format does what I need it to do and I was not interested in changing, they said no problem. However they still put "Upgrade link " buttons on the top of all my accounts when viewing online.
by Mr.BB
Fri Dec 08, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Which is better: Wellesley or 5-yr 2.5% CD?
Replies: 51
Views: 3879

Re: Which is better: Wellesley or 5-yr 2.5% CD?

Thanks, all, for your quick replies! My friend won't touch the money for at least five years (he's open to leaving it in longer, but five years minimum), so there will be no panic selling. And he doesn't need to reach a certain goal, per se, just not lose principal, and he needs to make more than t...
by Mr.BB
Mon Dec 04, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9239

Re: Regrets for taking SS at 62 or waiting?

TheTimeLord wrote:
Thu Nov 23, 2017 10:54 am
Probably won't get a lot of responses from people who waited then died early.That could skew the results you receive.
LOL +1
by Mr.BB
Mon Dec 04, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9239

Re: Regrets for taking SS at 62 or waiting?

TheTimeLord wrote:
Thu Nov 23, 2017 10:54 am
Probably won't get a lot of responses from people who waited then died early.That could skew the results you receive.
LOL +1
by Mr.BB
Mon Dec 04, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Vanguard or Betterment for our company 401k plan?
Replies: 10
Views: 1281

Re: Vanguard or Betterment for our company 401k plan?

Honestly, if you can get/keep participant fees low towards either of those numbers you're doing employees a great service. This might be a good time to do a quick lessons on expense ratios with your employees and show them the benefits of 20, 30 and 40 years down the road. A simple online expense r...
by Mr.BB
Sat Dec 02, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6842

Re: Vanguard customer service reps need some training

. . . I told him to break it up into a 25% 45% and 30% break down into each specific fund . . . Concur, very simple instructions. The next time have the rep "read back to you" for possible corrections. Better, the next time just do your transaction using their imperfect website. Wishing YOU and YOU...
by Mr.BB
Sat Dec 02, 2017 9:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6842

Re: Vanguard customer service reps need some training

It is not just Vanguard. It could be anybody. For example, it could be TDAmeritrade where my spouse has a 401(k) with a separate SDBA option that requires a phone call to have money moved between the two sides. You will like this: A phone call to move less than $200 resulted in an extra $85,000 mov...
by Mr.BB
Sat Dec 02, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Pet insurance?
Replies: 50
Views: 4752

Re: Pet insurance?

A lot depends on the dogs in your area. If there are a lot of claims, your rates can go up (no different then any other insurance). Our dog is now turning 8 yrs old. We got her insurance (Trupanion), at 8 weeks old. I think it was around $38.00 a month back then including $5.00 for future hip dyspep...
by Mr.BB
Sat Dec 02, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: personal capital
Replies: 40
Views: 4604

Re: personal capital

aristotelian wrote:
Tue Sep 05, 2017 6:13 am
The app/website is fantastic. I ignored the phone calls and eventually they went away.
+1 I put down the wrong phone number, so I don't get bothered by their calls
by Mr.BB
Sat Dec 02, 2017 7:53 am
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6842

Re: Vanguard customer service reps need some training

No... Giving very specific instructions to take the money from one fund and exchange it into three specific funds is not chaos; it's simple directions. I'm not going to fix Vanguard's mistake, they can fix it themselves. If you brought your car in to be detailed and you noticed that they didn't clea...
by Mr.BB
Sat Dec 02, 2017 6:39 am
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6842

Vanguard customer service reps need some training

Just venting here since I can't call and talk to representative until Monday. I did an exchange (in my Roth account) yesterday over the phone. I wanted to clear out one of my funds since it overlaps with our 401k holdings and put the money to three other Roth funds that I already had in that account...
by Mr.BB
Thu Nov 30, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones trap
Replies: 45
Views: 5247

Re: Edward Jones trap

racy wrote:
Wed Nov 29, 2017 1:48 pm
You might show them what that 1.3% fee will cost them over the next couple of decades. http://buyupside.com/calculators/feesdec07.htm
That single digit fee will balloon!!
+1
by Mr.BB
Thu Nov 30, 2017 6:51 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9651

Re: Which crash have you seen it before it is coming?

We just past the 10 year anniversary of the peak of the 2003-2007 market peak. I even went back to try to find market news from that day, suggesting that a crash was upon us and that day was the peak; couldn't find anything specific. Though I know most people recognize March 9th, 20009 as the bottom...
by Mr.BB
Thu Nov 30, 2017 6:42 am
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9651

Re: Which crash have you seen it before it is coming?

livesoft wrote:
Wed Nov 29, 2017 4:20 pm
Many people have seen 13 of the last 5 crashes before they happened.
+1 LOL
by Mr.BB
Tue Nov 28, 2017 1:36 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation [in market crash]
Replies: 38
Views: 1934

Re: Asset Allocation [in market crash]

You need to pick your asset allocation in the same way you pick your mate. Pick one you can live with in good times and bad times. It is simply not possible to time getting out of the market and back into the market reliably. This has been shown over and over again by both "experts" and by beginner...
by Mr.BB
Mon Nov 27, 2017 4:37 am
Forum: Personal Consumer Issues
Topic: Trip to Hawaii - what do I need to know
Replies: 46
Views: 4134

Re: Trip to Hawaii - what do I need to know

This is what I wrote from a different post about Hawaii Here are some of my own titbits for your trip. Maui: Kaanaapali...a few degrees cooler and usually winder than down in Wailea. If you do the road to Hana (make sure no one has vertigo!), make sure you don't have an oversize car. The roads are b...
by Mr.BB
Sun Nov 26, 2017 5:53 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9429

Re: What did you do right?

We started seriously saving very late in life. Back in 2005 we did not have that much in savings In 12 years we created a full year emergency fund Joined the three comma club Live below our means Put money aside every year for new cars (about every 9-10 years)- paid off in full when we need a new o...
by Mr.BB
Sun Nov 26, 2017 5:52 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9429

Re: What did you do right?

. . . . Joined the three comma club . . . . If you made it to the three comma club in 12 years (2005-2017), you should be able to buy one new car each year, not every 9-10 years. 3 comma club in 12 years from not much savings??? Is that a typo? Probably. I don't think there's a "3 comma club" in Bo...
by Mr.BB
Sun Nov 26, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9429

Re: What did you do right?

We started seriously saving very late in life. Back in 2005 we did not have that much in savings In 12 years we created a full year emergency fund Joined the three comma club Live below our means Put money aside every year for new cars (about every 9-10 years)- paid off in full when we need a new on...
by Mr.BB
Sat Nov 25, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Merrill Lynch wants personal info--How to deal
Replies: 33
Views: 3317

Re: Merrill Lynch wants personal info--How to deal

This sounds like a question for a lawyer that specializes in this type of case/information. It may be worth a few hundred dollars to get the correct information on how to proceed; whether it is in the fashion you want or not.
by Mr.BB
Fri Nov 17, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a bad idea to invest several times a month?
Replies: 13
Views: 1297

Re: Is it a bad idea to invest several times a month?

Save as much as you can for as long as you can. If your into dollar cost averaging then you would need to spread it out throughout the year. Just know which accounts are your most important to achieving your yearly goals..roth, 401k..etc. Last year I decided to give myself a saving challenges. In Fe...
by Mr.BB
Wed Nov 15, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 67
Views: 3848

Re: Michelin or Bridgestone?

Check out Michelin Premier A/S
by Mr.BB
Fri Nov 10, 2017 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 37802

Re: Did you tell anyone you paid off your mortgage?

We paid our house off last year. It was a great feeling. I think told one friend. BH forum, is definitely the place to get your pat on the back, because most members here understand and appreciate the work it takes be to accomplish that goal.
by Mr.BB
Thu Nov 09, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Where to allocate a $20,000 emergency fund
Replies: 17
Views: 2054

Re: Where to allocate a $20,000 emergency fund

That money is for emergencies....not investing. I wouldn't put in anything risker than a CD or money market. It should be somewhere that you can access immediately. We keep ours at are credit union and it pays 1.16% Considering that is a checking account it pays almost as good as some CD's and I can...
by Mr.BB
Wed Nov 08, 2017 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Difference in dividend funds
Replies: 6
Views: 434

Re: Difference in dividend funds

You have to state your personal theory or reason for wanting a dividend-oriented fund. These represent different strategies. Don't choose based on the 1-3-5-10 return charts or Morningstar star ratings, that is not a good practice. If you cannot state for yourself your reason for choosing one of th...
by Mr.BB
Wed Nov 08, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Difference in dividend funds
Replies: 6
Views: 434

Difference in dividend funds

Is there really any big difference between Vanguard Dividend Appreciation Fund (VDAIX) and Vanguard High Yield Fund ((VHDYX)? Aside from the yield difference and one is large value vs large blend. I looked at their 3, 5, 10 yr results and they are relatively close. If you were going to hold one of t...
by Mr.BB
Wed Nov 08, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13204

Re: How old are you and how much do you save for retirement a year

RDHlooking4FIRE wrote:
Tue Nov 07, 2017 8:39 pm
It's funny. Talking to people at work I feel like I'm the only one in the world saving for retirement. Reading on here I feel like I am not doing nearly enough.
It's who you spend your time with that will either raise or lower your bar of success.
by Mr.BB
Mon Nov 06, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Merrill Lynch
Replies: 20
Views: 1839

Re: Vanguard or Merrill Lynch

Look over your records for the past 2-3 years. How many trades or asset allocations did your portfolio manager do for you? Was that worth $2,500 a year?
by Mr.BB
Sun Nov 05, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 48
Views: 3695

Re: Should one use REITs

My wife's 401k makes up approximately 60% of our portfolio. Her company has a U.S Equity Index fund in which we have 20% of our total portfolio in. Unfortunately it is a Trust Index through BlackRock (invests in the BlackRock Russell 3000 Index Lending Trust.) so you can only drill down so deep to s...
by Mr.BB
Sun Oct 29, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Comparing funds for decision
Replies: 14
Views: 918

Re: Comparing funds for decision

Looks like Wellesley did pretty good during those last rate increase years..(pretty good management) Thank you ! You still have to be careful on how you compare funds. If you are comparing funds, it still has to be apples to apples to get an accurate understanding of how that fund compares to other...
by Mr.BB
Sat Oct 28, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Comparing funds for decision
Replies: 14
Views: 918

Re: Comparing funds for decision

From June 2004 - Feds Funds Rate was 1.25% it then increased to 5.25% by the end of June 2006. During that time the Wellesley fund returned (info from Yahoo finance and The Balance.com) YEAR (fund performance) 2004 - 7.57% 2005 - 3.48% 2006 - 11.28% 2007 5.31% Looks like Wellesley did pretty good du...
by Mr.BB
Sat Oct 28, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Pension benefit amount through PBGC
Replies: 3
Views: 373

Pension benefit amount through PBGC

My wife has a pension through her work which was taken over by PBGC a number of years ago. A couple of years ago I did an inquiry what her pension would be at age 65, since that time she's gotten a promotion / raise. My question is will her pension amount increase in the future because of her raise ...
by Mr.BB
Fri Oct 27, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Index investing is boring
Replies: 63
Views: 5739

Re: Index investing is boring

Call_Me_Op wrote:
Fri Oct 27, 2017 6:59 am
investing1012 wrote:
Thu Oct 26, 2017 1:00 pm
Anyone else find that the index investing boring. I find no excitement in it.
You should get your excitement through other means - not by risking your life savings.
+1
by Mr.BB
Tue Oct 24, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: No Cap on Match for 401K - Need Advice
Replies: 37
Views: 2567

Re: No Cap on Match for 401K - Need Advice

Sockpuppet wrote:
Tue Oct 24, 2017 12:06 am
SteelyEyed wrote:
Tue Oct 24, 2017 12:01 am
Does the plan allow after-tax contributions? If so, are they matched? If yes, contribute $36,000 and get $18,000 match.
I thought 18K was the max for 401K?
I think they raise the limit for 2018 to $18,500.
by Mr.BB
Mon Oct 23, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Renting A Winter Escape For A Month
Replies: 26
Views: 2541

Re: Renting A Winter Escape For A Month

Try using VRB0.com
If you are renting for a month, you should be able to get a better rate.
by Mr.BB
Mon Oct 23, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: IRA exchange between a SEP IRA and Traditional IRA
Replies: 3
Views: 275

IRA exchange between a SEP IRA and Traditional IRA

I have a Traditional IRA with T. Rowe Price (It was a roll over from my 401k years ago from my old job). I haven't added anything to it for years. I have my current SEP is with Vanguard. I was just wondering about this.....Can I exchange money from my Vanguard SEP into my T. Rowe Traditional IRA if ...
by Mr.BB
Sat Oct 21, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18428

Re: Does anyone here with net worths north of $1 mil use financial advisors?

yukonjack wrote:
Fri Oct 20, 2017 6:59 pm
That’s one of the real bonuses of discovering this website. You don’t need a FA. And what a savings.
+1
by Mr.BB
Sat Oct 21, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6767

Re: Why do I need bonds? (I'm 30)

I don't see why anyone in their 20's through their mid 30's need bonds; especially if they are looking at another 30 years of working. We are at 70/30. But the if the market takes a 30-40% dive sometime in the next 3-4 years I have no problem using some of those bond holding funds and exchange them ...
by Mr.BB
Fri Oct 20, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3962

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

We love Hawaii! Especially Maui it's our favorite island. Each island offers something unique. I always recommend that you get the book(s) Maui Revealed, Kaui revealed..etc. Written by people who live on the islands. Great insights to places that many people miss. Maui is our favorite...been there a...
by Mr.BB
Fri Oct 20, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 5493

Re: I have to fire someone that I care about personally

The Beatles fired their drummer Pete Best, in late 1962, just before they started shooting up to stardom.
I remember in an interview Paul McCartney said the Pete was a better drummer than Ringo, but Ringo made for a better Beatle.
by Mr.BB
Fri Oct 20, 2017 5:20 am
Forum: Investing - Help with Personal Investments
Topic: Question about Personal Capital
Replies: 18
Views: 1710

Re: Question about Personal Capital

I always put a wrong phone number, so I never hear from them or other companies.
by Mr.BB
Wed Oct 18, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 119
Views: 28372

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

I just saw the funds when I logged on to Vanguard. I just don't understand investing in a product before the put what stock/bonds and percent's specifically are in the portfolios? It's 65/35 for global wellington - global mix of both stocks and bonds, and 35/65 for global wellesley - also a global ...
by Mr.BB
Wed Oct 18, 2017 4:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 119
Views: 28372

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

I would like to know more detail (I.e) what percent is in emerging markets, Asia or Europe, small or large cap..etc
by Mr.BB
Wed Oct 18, 2017 2:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration [now available]
Replies: 119
Views: 28372

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

I just saw the funds when I logged on to Vanguard. I just don't understand investing in a product before the put what stock/bonds and percent's specifically are in the portfolios?
by Mr.BB
Tue Oct 17, 2017 5:21 am
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12717

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

TJSI wrote:
Wed Oct 11, 2017 1:28 pm
One thing for sure, that 90 year old man has accumulated a lot of knowledge and wisdom. And I think it is great that he is so willing to share it.

TJSI
+1
by Mr.BB
Mon Oct 16, 2017 6:45 am
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7660

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

I traded in my 2007 Honda Civic EX 270,000 miles at the end of February, and I bought a new 2017 Honda Civic Ex. Just hope I can get the same mileage out of this car. If I was averaging 27K miles annually, I'l probably spend a little more than $20K on a car; however, the new Civics really are aweso...