Search found 583 matches

by Mr.BB
Tue Oct 16, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer – bonus details provided after acceptance
Replies: 23
Views: 1041

Re: Job Offer – bonus details provided after acceptance

When someone cannot give you a straight answer ...run away.
You may not love what you currently have, but you know what you got.
Number 1 rule of basic information...If a person cannot answer why or how they either don't know the answer or they do not have your best interest in mind.
by Mr.BB
Sun Oct 14, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 39
Views: 3191

Re: Should we move to San Diego from east coast?

We have friends out there. They love it, but were thinking about moving to Florida because they have been getting killed on the taxes out there. It is beautiful, but expensive.
by Mr.BB
Sun Oct 14, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: 1950s home. Replace drywall and insulation or repair it
Replies: 19
Views: 1580

Re: 1950s home. Replace drywall and insulation or repair it

I would always get a second or third contractor's bid and opinion for the job.
by Mr.BB
Sat Oct 13, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 2999

Re: Reducing overall medical costs. Do we do anything?

"If it makes no difference to us financially, are there any things we, as individuals, do (or do not do) that (even marginally) reduce overall medical costs?"

Exercise, drink more water, eat more fresh foods, reduce simple sugars in your diet
by Mr.BB
Sat Oct 13, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 5825

Re: Neighbor discussing finances with me

Just because he is sharing his finances with you doesn't mean you should offer advice. He has an advisor ( however good or bad). Stay out of it and stay friends. In my opinion, there is a difference between "information" and "advice". So, if you are on the railroad tracks and a train is coming - ad...
by Mr.BB
Fri Oct 12, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 283
Views: 242685

Re: A time to EVALUATE your jitters

Some people certainly keep some powder dry, but to me that was basically timing the market. While the powder was sitting there, the market may have risen 50 percent. If you can dollar cost average, that to me is taking advantage of lower stock prices. Also, if you see your allocation is 10 percent ...
by Mr.BB
Thu Oct 11, 2018 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!
Replies: 17
Views: 2223

Re: Morgan Stanley Target Retirement 2025 - CRAZY ?!?!

HEDGEFUNDIE wrote:
Thu Oct 11, 2018 11:12 pm
And yet, it has outperformed Vanguard Target Retirement 2025 since inception?

https://www.portfoliovisualizer.com/fun ... F11%2F2018
What about after all the expenses and taxes are deducted?
by Mr.BB
Thu Oct 11, 2018 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: [JP Morgan] Target Retirement 2025 - CRAZY ?!?!
Replies: 17
Views: 2223

Re: Morgan Stanley Target Retirement 2025 - CRAZY ?!?!

My favorite part is when they show their average return they say it.....
(Reflects No Deduction for Fees, Expenses or Taxes)

Would love to see their numbers after all the deductions.
by Mr.BB
Thu Oct 11, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: My life saved by New subaru. Almost died.
Replies: 62
Views: 7062

Re: My life saved by New subaru. Almost died.

I love the safety features on my new Camry. Auto breaking s a great feature. I’d much prefer auto “braking.” :shock: MY Fiat 850 had the best "auto BREAKING" features of any car I previously owned, followed closely by a 1982 Camaro. I had a 1976 Ford Pinto. Talk about “auto breaking.” Although “aut...
by Mr.BB
Thu Oct 11, 2018 5:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 75
Views: 9523

Re: livesoft is almost at 50,000 posts...

arf30 wrote:
Thu Oct 11, 2018 5:36 pm
It's less impressive when you consider livesoft earns 5x the posts by posting with the Bogleheads Sapphire Reserve card.
LOL! :D
by Mr.BB
Thu Oct 11, 2018 2:44 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 283
Views: 242685

Re: A time to EVALUATE your jitters

I recently invested in a Vanguard U.S. Equity Index Fund - Accumulation, it's lost almost 6% since mid September! Should I sell now and look to reinvest when the market picks back up? There are no exit charges. If you sell now, you will have locked in your losses. Allow the market time to recovery.
by Mr.BB
Thu Oct 11, 2018 6:06 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 283
Views: 242685

Re: A time to EVALUATE your jitters

An excellent reminder and very wise words from Nisiprius from the first post in Aug 2011. "What I'm saying is that this is a good time for evaluation. The risk is here. Don't exaggerate it--we all love drama, but reality is usually more boring than we expect. Don't brush it aside, look it in the eye...
by Mr.BB
Sun Oct 07, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: can i start a private investment firm?
Replies: 70
Views: 5061

Re: can i start a private investment firm?

Yes, assuming you have all the appropriate qualifications and licenses. Gill that is what i meant by am not financial advisor...meaning i dont plan to do any certifications..if a license doesnt require that i take some stupid financial exams then am fine with that but not trying to take some exams ...
by Mr.BB
Sun Oct 07, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4568

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

Knows how they have not put a date in there "will be retiring our old platform" can mean 3 years from now.
by Mr.BB
Fri Oct 05, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4568

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I get the same messages, and an occasional email. Which states the they cannot do this without bour consent. So I wouldn't even worry about it for right now.
by Mr.BB
Fri Oct 05, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Helping my mother with her Finances
Replies: 2
Views: 517

Re: Helping my mother with her Finances

Figure out what her living expenses are. Make a simple spreadsheet, go through her online credit cards and bank statements and see how much she spends yearly.
Figuring out how much you need to retire and how much risk you should tske is knowing how much you spend.
by Mr.BB
Thu Oct 04, 2018 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone Use Fidelity's Brokerage Link - 401k
Replies: 13
Views: 1131

Re: Anyone Use Fidelity's Brokerage Link - 401k

I use it (set it up) for my wife's 401k a couple of years ago. No other fees except for when you exchange in or out of funds that are not Fidelitys ( I use Vanguards), that fee is $75 per exchange. No charge when the money from her 401k pay deduction gets distributed to the specific funds I selected.
by Mr.BB
Tue Oct 02, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: Enjoying your money before retirement
Replies: 65
Views: 6210

Re: Enjoying your money before retirement

If your company gives you any type of matching in your 401k account that should be maxed out to get the free money before you even think about saving in a taxable account.
by Mr.BB
Mon Oct 01, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7303

Re: Bonds... Why do people bother with them. ?

At age 30 I do not see the need for you to be in bonds. When you start getting into your forties you may start feeling different especially after you see savings grow and you want to start preserving some portion of it. Basically you may find your risk tolerance changes as you get older.
by Mr.BB
Sun Sep 30, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 68
Views: 8332

Re: Moneytalk with Bob Brinker coming to an end

I listen to most of it and the last 10 min he spent thanking everyone and said that he will be continuing to work on his newsletter and investing.
by Mr.BB
Sun Sep 30, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 92
Views: 17212

Re: Why Edward Jones?

I don't see why we, as investors, need to be even acknowledging the EJ 'advisors'. Or any other ones, for that matter. Metaphorically, when they come to knock at your door, throw some rotten eggs from your second floor window on their polished suits. Also, warn all their neighbors that they are blo...
by Mr.BB
Sun Sep 30, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 6704

Re: New Relationship - Best way to handle finances?

I would hold off on moving in together for a while until this is resolved and shown to be resolved for a while; at least 6 months. I think you have some serious issues here and moving in the together will just make it worse. She should also respect the fact that you have serious concerns about the f...
by Mr.BB
Sat Sep 29, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14721

Re: Should we stay in Crazytown because there's no where to run?

I've been investing for over 30 years, and every single day some expert says it's a horrible time to invest and disaster is imminent. Although I've never tried to calculate it, I have no doubt that my wife's long term investment returns beat mine. She couldn't tell you the difference between a Roth...
by Mr.BB
Sat Sep 29, 2018 11:09 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14721

Re: Should we stay in Crazytown because there's no where to run?

Where is that post that was listed a couple of weeks ago (originated in 2015), where the guy was convinced the market was at the top. Referencing all the newsletters, articles and other data (Case-Shiller). I believe he was also going to start shorting the market. A good post to review.
by Mr.BB
Fri Sep 28, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: When to take social security
Replies: 4
Views: 858

When to take social security

I came across this calculator on AARP by Michael Piper. The article is more about couples and when the lower earning spouse should take their social security. Were always under the impression of waiting until age 70 to take it, which makes sense for the higher earner to do, but it allows you to run ...
by Mr.BB
Fri Sep 28, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 92
Views: 17212

Re: Why Edward Jones?

I don't see why we, as investors, need to be even acknowledging the EJ 'advisors'. Or any other ones, for that matter. Metaphorically, when they come to knock at your door, throw some rotten eggs from your second floor window on their polished suits. Also, warn all their neighbors that they are blo...
by Mr.BB
Fri Sep 28, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 6704

Re: New Relationship - Best way to handle finances?

I think you are at a tipping point. In 2 months I assume she will be moving in with you and then that becomes a whole new set of rules. You are at a point in your relationship that you should be comfortable talking about anything. If you are not happy with the way your expenses are balanced, NOW is ...
by Mr.BB
Thu Sep 27, 2018 7:08 am
Forum: Investing - Help with Personal Investments
Topic: Helping a sibling
Replies: 26
Views: 3103

Re: Helping a sibling

I would start with them getting educated about the basics. Even showing them with a basic online calculator what all the fees they are paying are costing them, and will cost them over time can be powerful. I always talk to clients about being "uncomfortable". When someone is working on their goals a...
by Mr.BB
Wed Sep 26, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: JP Morgan Structured Investments - What am I missing?
Replies: 20
Views: 1459

Re: JP Morgan Structured Investments - What am I missing?

I had an advisor try to sell me something similar with a flexible CD. Bottom line is something that complicated probably benefits them more then it benefits you. I'm not sure how long that program been in existence but I know when a guy was trying to tell me about the flexible CD program that's only...
by Mr.BB
Tue Sep 25, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5119

Re: Vacation without saving adequately?

sailaway wrote:
Tue Sep 25, 2018 2:24 pm
rhinopylon wrote:
Tue Sep 25, 2018 2:10 pm
You've got 6 months of savings. What's the point of having so much money wasting away as cash if you forbid yourself from using it for exactly these reasons?
Emergencies. The point of an emergency fund is emergencies.
+1 Exactly right! Emergency savings are only for emergencies.
by Mr.BB
Tue Sep 25, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is Everyone Still Positive on Wellesley?
Replies: 12
Views: 1964

Re: Is Everyone Still Positive on Wellesley?

The last time the Fed raised rates significantly was March 2004 to December 2006. The Fed Funds rates went from 1% to 5.25% during this period. Wellesley returned 7.2% CAGR during this time. I’d say that’s pretty good performance. https://www.portfoliovisualizer.com/fund-performance?s=y&symbol=VWIA...
by Mr.BB
Tue Sep 25, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5119

Re: Vacation without saving adequately?

Look at it this way.....What are your past habits? Whenever something similar to this vacation came up, whether it is remodeling a room and you started to go over budget or buying extra stuff for your new car. If this is just the first time you wanted to compromise on your budget/savings is one thin...
by Mr.BB
Mon Sep 24, 2018 4:27 pm
Forum: Personal Consumer Issues
Topic: Is "earn and burn" the right travel rewards strategy?
Replies: 24
Views: 2568

Re: Is "earn and burn" the right travel rewards strategy?

We save hotel points. Hoping to build a nice stash by retirement. However, it's pretty easy to burn through a few hundred thousand hotel points in a 10 day stay at a good hotel location. We keep saving ours but occasionally we get such a good offer / discount to use them that it occasionally pays to...
by Mr.BB
Sat Sep 22, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 83
Views: 8973

Re: What to wear for job interview - skip the tie?

"since 1963"? Really?
by Mr.BB
Sat Sep 22, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Quicken - Do you use it?
Replies: 59
Views: 4022

Re: Quicken - Do you use it?

I use it for tracking our expenses . It gives me a lot of detai,l easy to import credit card information. Just have to be more specific when manualung entering tracking cash.
by Mr.BB
Sat Sep 22, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 83
Views: 8973

Re: What to wear for job interview - skip the tie?

I am not in this field, and call me "old school", but why would anyone ever hold it against an interviewee for taking the time and effort for "dressing up", showing that they take a job seriously enough to dress well? It signals cluelessness about the culture. No one wears a suit and tie at 3am try...
by Mr.BB
Sat Sep 22, 2018 6:07 am
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 83
Views: 8973

Re: What to wear for job interview - skip the tie?

I am not in this field, and call me "old school", but why would anyone ever hold it against an interviewee for taking the time and effort for "dressing up", showing that they take a job seriously enough to dress well?
by Mr.BB
Fri Sep 21, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you from a widow
Replies: 13
Views: 2579

Re: Thank you from a widow

edgeagg wrote:
Fri Sep 21, 2018 3:25 pm
Very sorry for your loss. Hopefully money worries won't add to the pain you feel right now. Like you, I find bogleheads to be not just valuable, but also a set of people who are genuinely caring - a rare characteristic on the internet these days.
+1
by Mr.BB
Fri Sep 21, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Timing vs planning -- what would you do?
Replies: 8
Views: 659

Re: Timing vs planning -- what would you do?

How did you feel at the beginning of the year when the market dropped 10%? Did you want to rebalance? Did you want to buy more stocks, or did you want to run and put your head under the pillow? Use your reaction from that 10% drop to decide what your allocation should be. If it didn't bother you or ...
by Mr.BB
Thu Sep 20, 2018 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio rebalancing advice after small cash windfall
Replies: 7
Views: 408

Re: Portfolio rebalancing advice after small cash windfall

Personally, I wouldn't have anything in bonds until age 40.
by Mr.BB
Thu Sep 20, 2018 10:33 am
Forum: Personal Consumer Issues
Topic: Don't trust Tripadvisor reviews
Replies: 64
Views: 6951

Re: Don't trust Tripadvisor reviews

"Not sure when people will realize this but most reviews online are fake. It’s a huge business, especially on Amazon. " I don't think most reviews are fake, (obviously they are there) but most are the opinions of people's experience at that moment. I usually take a trip in Dec and I would usually st...
by Mr.BB
Wed Sep 19, 2018 11:44 am
Forum: Investing - Help with Personal Investments
Topic: any opinions of this fund? Vanguard Dividend Growth (VDIGX)
Replies: 15
Views: 1242

Re: any opinions of this fund? Vanguard Dividend Growth (VDIGX)

If you are going to compare VDIGX it should be compared to it's benchmark which is the Russell 1000
by Mr.BB
Wed Sep 19, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Should I bother meeting with a Chase Private Client Rep
Replies: 56
Views: 4790

Re: Should I bother meeting with a Chase Private Client Rep

Would be interesting just to hear their pitch and if they mention their fees/expenses upfront and how they justify them.
by Mr.BB
Tue Sep 18, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5313

Re: 38% pay cut for dream job?

When you are old and looking back on your life, it will be the things that you didn't do or try when you were younger that you will regret the most.
by Mr.BB
Tue Sep 18, 2018 12:48 am
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5313

Re: 38% pay cut for dream job?

Close your eyes and imagine yourself 20 years from now. Looking back at this time in your life what do you wish you had done?
by Mr.BB
Sun Sep 16, 2018 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 42
Views: 5838

Re: Thinking of Retiring at 52, Please Critique Plan

Do help extend your finances, what if your husband work for a couple more years but during that time you took a couple extra vacations help relieve the stress; and I don't mean it was Wisconsin Dells. Go to Europe or Maui. Have a really good relaxing time on vacation and see that can help you get th...
by Mr.BB
Sun Sep 16, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 94
Views: 14302

Re: What’s the magic savings rate???

I believe Wade Phau says 16.6% (let's round it up to 17%). The math says the sooner you start, the less you need to save as you get older. The actual total is also based on your expenses. However at your age who knows what the next 30 years will bring. Bottom line...more is better.
by Mr.BB
Sat Sep 15, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing? -- 32 y/o lawyer in Bay Area
Replies: 32
Views: 4385

Re: How am I doing? -- 32 y/o lawyer in Bay Area

hambusin wrote:
Sat Sep 15, 2018 10:27 am
Mr.BB wrote:
Sat Sep 15, 2018 5:41 am
Do you have an emergency fund?
Yes, 50k.
+1
by Mr.BB
Sat Sep 15, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: When to Retire
Replies: 48
Views: 6731

Re: When to Retire

Here's a technique that would answer your question. It will take you one year to do, and of course during this year you'll also be adding to all your other savings and Pension Plan Etc. Figure out how much you need to live on for one year and do that. Obviously you will still be collecting your payc...