Search found 418 matches

by Mr.BB
Wed Apr 18, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Wellesley January Price Drop? Why?
Replies: 27
Views: 3236

Re: Wellesley January Price Drop? Why?

Wellsley has been a great fund and I have decent sized stake, but I kind of wonder if it is built for taking advantage of falling rates more than its peers. About the only time it has underperformed for any length of time was in late 70s and early 80s. It isn’t shocking that it has underperformed g...
by Mr.BB
Sun Apr 15, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Costco gas
Replies: 67
Views: 5419

Re: Costco gas

I almost always get my gas at Costco. Just the regular unleaded, our cars do not need premium.
Their prices are always cheaper than the other gas stations. Premium and Regular.
by Mr.BB
Thu Apr 12, 2018 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner @ 46, so much to learn.
Replies: 25
Views: 3849

Re: Beginner @ 46, so much to learn.

Being super aggressive with your investing because you feel you are behind, is like racing your car down the highway but not knowing your destination, alternative routes or shortcuts. Keep investing (though make sure you put some money aside for an emergency fund). Learn about expense ratios, play w...
by Mr.BB
Tue Apr 10, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 13922

Re: Parents have zero savings. What can I do?

If they are basically opening the conversation with the statement that they do no have any money, then you should continue that conversation on what are they doing about it. Sometimes you have to hold people's feet to the fire. A good place to start is to teach them to help themselves. If they are n...
by Mr.BB
Mon Apr 09, 2018 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: If you want an actively managed fund, which one would you use?
Replies: 68
Views: 4055

Re: If you want an actively managed fund, which one would you use?

michaelc wrote:
Mon Apr 09, 2018 11:37 am
PWRCX - T. Rowe Price Capital Appreciation
I have it too, and love it. However it is closed to new investors.
My other favorite is the Wellesley fund (VWINX)
by Mr.BB
Fri Apr 06, 2018 8:41 pm
Forum: Personal Consumer Issues
Topic: [When is going out to a restaurant worth it to you?]
Replies: 71
Views: 5162

Re: [When is going out to a restaurant worth it to you?]

peppers wrote:
Fri Apr 06, 2018 7:28 pm
When my executive chef at home says, " I am not cooking tonight", usually on weekends, I know it's game on.
My executive chef says "What's for dinner tonight?" That is when I know it's game on.
by Mr.BB
Fri Apr 06, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: GE Microwave Weird Issue
Replies: 22
Views: 1833

Re: GE Microwave Weird Issue

I just started noticing that (turning on when I open the door) problem last week on our door. I thought it might be something with the latch. Thanks for the info!
by Mr.BB
Fri Apr 06, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: 1st World Problem - Pet Insurance
Replies: 19
Views: 1879

Re: 1st World Problem - Pet Insurance

As others have mentioned, why not self-insure? Put those funds in the bank, and if you happen to need them in the future, you can tap into it? My wife and I just got a new puppy a few weeks ago after our beloved 11 year old Lab passed away after a year of battling seizures, chronic infections, and ...
by Mr.BB
Fri Apr 06, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: [When is going out to a restaurant worth it to you?]
Replies: 71
Views: 5162

Re: Restaurants Vs. Cooking?

Pajamas wrote:
Fri Apr 06, 2018 4:41 pm
Dottie57 wrote:
Fri Apr 06, 2018 4:41 pm
Is there a question.
There is now. . . . :D
LOL
by Mr.BB
Fri Apr 06, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Are we in bear territory?
Replies: 49
Views: 6091

Re: Are we in bear territory?

10% correction usually happen once a year. Last one was Jan/Feb in 2016. we have been on a 2 year tear since then and I think 2011 was the last one before that. Usually you get a 5% correction a couple time a year.
by Mr.BB
Thu Apr 05, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6586

Re: Asking for a raise/promotion with another offer in hand

After reading the OP's last post I keep getting that scene from The Karate Kid in my mind.
Accept new offer stand on this side of the road...you safe
Stay with your current company, other side of the road ...you safe
Stay in the middle...can't decide....you splat!
by Mr.BB
Thu Apr 05, 2018 11:16 am
Forum: Investing - Theory, News & General
Topic: What can we learn from secret millionaires.
Replies: 93
Views: 16529

Re: What can we learn from secret millionaires.

whodidntante wrote:
Wed Apr 04, 2018 7:57 pm
Hopefully where they play poker.
:D +1
by Mr.BB
Thu Apr 05, 2018 3:42 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 3870

Re: Financial Advisor fees? Am I paying too much?

Wow I am glad I posted this topic. This is depressing. I thought I was happy with my returns and had not looked at anything other than the balance. BTW I do not contribute to these ever. The IRA was a rollover of 401k funds from a previous employer and the managed fund I started about 2 years ago w...
by Mr.BB
Wed Apr 04, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Want/need some income in semi-retirement
Replies: 90
Views: 6327

Re: Want/need some income in semi-retirement

How about Costco? Greeter/ Cashier...I think they also have excellent benefits.
by Mr.BB
Wed Apr 04, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need intermediate bonds?
Replies: 11
Views: 819

Re: Do I need intermediate bonds?

Good question Alex. I thought of TIPS as just a little bit of insurance if inflation starting kicking up (though I know 3% overall is not that much), and a little bit of down side risk, that is why I have the short term funds. If this market took a nose dive I have no problem taking those short term...
by Mr.BB
Wed Apr 04, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need intermediate bonds?
Replies: 11
Views: 819

Re: Do I need intermediate bonds?

PFInterest wrote:
Wed Apr 04, 2018 3:10 pm
How old are you? Many do not need TIPS.
Mid Fifties
by Mr.BB
Wed Apr 04, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need intermediate bonds?
Replies: 11
Views: 819

Re: Do I need intermediate bonds?

PFInterest wrote:
Wed Apr 04, 2018 3:10 pm
How old are you? Many do not need TIPS.
I don't see a problem with have some TIPS in a rising interest rate environment.
by Mr.BB
Wed Apr 04, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 3870

Re: Financial Advisor fees? Am I paying too much?

You want to know what your expense ratios will cost you over time. Plug your numbers into this simple to use calculator. You could even use try the 1.55% your advisor charges you versus the 0.30 a Vanguard advisor would charge you. Check out the difference over 20-30 years; it will make you cry. htt...
by Mr.BB
Wed Apr 04, 2018 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 3870

Re: Financial Advisor fees? Am I paying too much?

Elmo, please list the investments the advisor has you in. Provide ticker symbols too. My view on this is you have the same responsibility to manage your money as you do with your health. You cannot blindly hand over money to someone without having any idea of what they are doing with it. The vast m...
by Mr.BB
Wed Apr 04, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need intermediate bonds?
Replies: 11
Views: 819

Do I need intermediate bonds?

Our portfolio is approximately 22% bonds We have some bond only funds and bonds that are part of our specific mutual funds. I am trying do decide if it is worth it to try to shorten up the overall bond duration of the portfolio holdings by moving some of the holdings from the Intermediate fund (VFIC...
by Mr.BB
Wed Apr 04, 2018 10:42 am
Forum: Local Chapters and Bogleheads Community
Topic: Chicagoland Master Thread
Replies: 21
Views: 4437

Re: Chicagoland Master Thread

Do you ever have meetings in the northwest suburbs?
by Mr.BB
Sat Mar 31, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: New car from dealer may have close to 150 miles - ok?
Replies: 66
Views: 5757

Re: New car from dealer may have close to 150 miles - ok?

they are probably not telling you where the car is coming from because if it is only about 100 miles or so away, they may feel that you might just go out to that dealer and buy the car from them.
by Mr.BB
Sat Mar 31, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6586

Re: Asking for a raise/promotion with another offer in hand

That is well thought out way to handle it.
by Mr.BB
Sat Mar 31, 2018 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Converting 401k roth into regular roth
Replies: 11
Views: 877

Re: Converting 401k roth into regular roth

Roth IRA's don't have RMD's They do inside of a 401k. That is why I will move my small 401k roth to vanguard when I no longer work. I will leave the rest of my 401k where it is though because the expenses are a lot lower. Lower expenses than Vanguard? What are you invested in? Sorry if I wasn't cle...
by Mr.BB
Fri Mar 30, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Should I be worried about the S&P Index fund ?
Replies: 51
Views: 5688

Re: Should I be worried about the S&P Index fund ?

I am somewhat concerned about the distortion to VFIAX. To paraphrase the summary on the Vanguard website, the fund is supposed to provide a diversified exposure to the biggest 500 US companies. Yet a staggering 25% of the S&P 500 is made up of the five so called tech companies four of which, to my ...
by Mr.BB
Fri Mar 30, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Converting 401k roth into regular roth
Replies: 11
Views: 877

Re: Converting 401k roth into regular roth

I know our regular roths do not have RMD's. My concern is whether or not her 401k Roth has an RMD.
by Mr.BB
Fri Mar 30, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6586

Re: Asking for a raise/promotion with another offer in hand

Don't bluff and be professional; do this in a civil and polite way. If there are things you need on your computer, you should make sure you have everything you need before you talk to your boss; he may just show you the door immediately afterwards. If you go in asking for a raise, be ready to walk i...
by Mr.BB
Fri Mar 30, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Converting 401k roth into regular roth
Replies: 11
Views: 877

Converting 401k roth into regular roth

I heard this bit of information and I wasn't sure if it was right. Pretty sure I can find someone on this board to confirm or deny this. Part of my wife's 401k is invested in her 401k Roth (with Fidelity). We also have separate Roth accounts with Vanguard. I heard that when you start taking RMD's at...
by Mr.BB
Sun Mar 25, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 65
Views: 9054

Re: I did it and feel great about it (paid off mortgage)

Congratulations! We paid ours off early the end of 2016, and it still feel great! In fact, we still take part of what would of been our monthly mortgage payment and invest it.
by Mr.BB
Sat Mar 24, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7091

Re: What Budget? Do you keep one?

Do you know your budget? We save and invest in order to retire at some point, right? We might be there (late 40's), but can't really be sure. The problem is we don't really know what our annual spending really is. It fluctuates wildly. For the past 5 years now, I've been trying to figure out our nu...
by Mr.BB
Sat Mar 24, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7091

Re: What Budget? Do you keep one?

Do you know your budget? We save and invest in order to retire at some point, right? We might be there (late 40's), but can't really be sure. The problem is we don't really know what our annual spending really is. It fluctuates wildly. For the past 5 years now, I've been trying to figure out our nu...
by Mr.BB
Sat Mar 24, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: "I won the Lottery" update -
Replies: 33
Views: 8136

Re: "I won the Lottery" update -

As awkward as it sounds, I would MUCH prefer winning 2nd prize (of $1-2mil) than the 1st prize of tens and possibly hundred million. Winning 2nd wouldn't be as life changing but enough to give you that buffer where it accelerated your retirement by a few years. Winning several hundred would be too ...
by Mr.BB
Fri Mar 23, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Losing friends/family when wealthy
Replies: 118
Views: 10218

Re: Losing friends/family when wealthy

Friendships must be maintained, or they will die slow death. If you did not have a wedding, you missed an opportunity to strengthen your friendships. If you don't go out to eat, you are missing opportunities to socialize with your friends. If you don't travel with your friends for vacations, you do...
by Mr.BB
Mon Mar 19, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Financial checklist after passing of a spouse
Replies: 22
Views: 2143

Re: Financial checklist after passing of a spouse

I would encourage them not to do anything the first few months with the money except the basic essentials. During the first few months when a person is grieving they're susceptible to a range of extreme emotions, and you want to make sure they do not waste this money, especially if they are the one ...
by Mr.BB
Fri Mar 16, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: How do you pick a financial advisor?
Replies: 8
Views: 617

Re: How do you pick a financial advisor?

Welcome. It is often said here, "Once you know enough to pick a financial advisor, you won't need one." Really. How about posting a portfolio review and get comprehensive suggestions, including a formidable education in personal investment finance? Once you've gone through this process, you may lik...
by Mr.BB
Tue Mar 13, 2018 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Market Link CD
Replies: 5
Views: 663

Re: Market Link CD

I was pitched this by a financial planner. My first was red flag was when he said there is no risk. I told him, everything has some level of risk. I was just curious about it, I just wanted to learn a little more to be educated about how these products work, and I am already finding out some of the ...
by Mr.BB
Tue Mar 13, 2018 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Market Link CD
Replies: 5
Views: 663

Market Link CD

Does anyone know how Market Link CD's work?
What type of fees are associated with it?
by Mr.BB
Mon Mar 05, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 54
Views: 14350

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

Just don't read the comments. Makes me appreciate our moderators. I used to LOVE Smartmoney website and magazine. Unfortunately they were bought out by MarketWatch, who used to be a pretty descent site, at least they had some good article writers like Paul Merriman. A couple of years ago I don't kn...
by Mr.BB
Wed Feb 28, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: What next? A personal finance story starting in 2012, updated in 2016, and again in 2018
Replies: 49
Views: 5136

Re: What next? A personal finance story starting in 2012, updated in 2016, and again in 2018

As a side thought, make sure you are up to date on all your legal paperwork (kind of ironic telling that to a lawyer ).
Make sure your will, living will, medical power of attorney is all updated; especially if it has been a few years since you have done it.
by Mr.BB
Tue Feb 27, 2018 8:59 am
Forum: Personal Consumer Issues
Topic: Strategies for getting out of a car dealership quickly?
Replies: 78
Views: 6955

Re: Strategies for getting out of a car dealership quickly?

Thanks so much for all the input! I'm happy to report that it was not as difficult as I anticipated. I told my kids to bring some books and games along since we might be waiting for a while, and we went to the dealership last night. They gave me a form to fill out, and I asked them for a copy so th...
by Mr.BB
Mon Feb 26, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: Strategies for getting out of a car dealership quickly?
Replies: 78
Views: 6955

Re: Strategies for getting out of a car dealership quickly?

Look through your warranty before you go in and find the section or clause that explains the cancellations policy. Review it before you go in. Once you know your rights, make sure you explain to them (as they will try to talk you out of it), that if they do not comply you will file a lawsuit against...
by Mr.BB
Mon Feb 26, 2018 7:35 am
Forum: Investing - Theory, News & General
Topic: Company stock buyback trend chart
Replies: 3
Views: 614

Company stock buyback trend chart

With the new tax laws and all the extra money companies are going to get, I was wondering if there are any charts that show the overall U.S. company stock buyback trends?
by Mr.BB
Mon Feb 26, 2018 6:45 am
Forum: Investing - Help with Personal Investments
Topic: 66 yr old Woman Needs HELP!
Replies: 68
Views: 3723

Re: 66 yr old Woman Needs HELP!

Rule 1 ...Do not rush! Being rush/pushed by your financial planner should be a big red flag.
Rule 2 ...Get a second opinion. (Check out Garrett planners in your area https://www.garrettplanningnetwork.com/). They are fee based planners and fiduciaries. Ask your planner if they are a fiduciary.
by Mr.BB
Sat Feb 24, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 37
Views: 3525

Re: Financial proposal from Adviser

Did his original computations INCLUDE all the loads and fees from the their funds as well as his costs? Ask him what the number would be with those expenses included. I bet his original numbers did not include them.
by Mr.BB
Tue Feb 20, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: Expat Living
Replies: 58
Views: 6297

Re: Expat Living

This is a good site to ask questions and get answers to people who live overseas.
https://bestplacesintheworldtoretire.com/
by Mr.BB
Mon Feb 19, 2018 4:33 am
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 164
Views: 11497

Re: What has been your most important skill in achieving financial independence?

Save early / Save often Invest in higher risk assets (small cap) when your earlier, adjust accordingly as you get older When the market goes into a tail spin, invest more Don't forget to your enjoy life! I totally disagree with the earlier comments of minimal travel. It's a beautiful world, see as m...
by Mr.BB
Thu Feb 15, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9941

Re: Can someone help me explain to my wife...?

I am assuming that you are past the minimal age for taking withdrawals from your roth(s) without any penalties. If not, you better show her the taxes you'll have to pay if you do it now. You should also ask her if she is so sure we are at a top now, how come she didn't know we were at a bottom in 20...
by Mr.BB
Wed Feb 14, 2018 11:25 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 190
Views: 34832

Re: What's your U.S. : International ratio?

15% International