Search found 332 matches

by rob65
Wed Jun 27, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: 60/40 or 40/60?
Replies: 42
Views: 4813

Re: 60/40 or 40/60?

Assuming it is in tax advantaged space so there are no tax consequences, I don’t think there is anything wrong with moving to 40/60 at age 69. I don’t think the reason really matters. Vanguard’s Target 2015 fund is about 41/59, headed towards 30/70 eventually. That tells me that 40/60 is reasonable ...
by rob65
Wed Jun 27, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3803

Re: Sister-in-Law - trouble adulting - Pay medical bill?

All adults I know confront troubles at one time or another. If your loved one can benefit from psychiatric care and you are willing to pay for that care, I would view that as a loving gift that could potentially help your sister-in-law learn how to cope with the challenges she confronts. Calls for ...
by rob65
Sun Jun 24, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Canadian Universities [Dual US / Canadian citizen]
Replies: 33
Views: 2023

Re: Thoughts on Canadian Universities

If she’s going to major in something that requires certification or licensing (teaching and nursing come to mind at the undergrad level) double check on reciprocity agreements. I don’t think that will be a problem with a Canadian University, but definitely something to check on ahead of time.
by rob65
Wed Jun 20, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: gray hair
Replies: 130
Views: 9151

Re: gray hair

Started going gray in my early 20’s. At 52, almost totally gray and moving towards silver. Never bothered me. Never considered changing it.
by rob65
Mon Jun 11, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 5622

Re: How do you celebrate (potty trained kid) milestone with your spouse?

I’d say either a spa day for your wife or a nice dinner out for the two of you.

As I get older, I realize more and more that life is short and you should find reasons to celebrate.
by rob65
Mon Jun 11, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for High Deductible Health Care Plan - Ages 61/56
Replies: 17
Views: 1445

Re: Recommendation for High Deductible Health Care Plan - Ages 61/56

Don’t know if Kaiser is in your area, but we’ve been happy with them, although not in a HDHP plan. (We’re in Georgia, so a different area, but I think Kaiser is similar everywhere.)

This is a guess, but I also think they are less likely to withdraw from the healthcare exchanges.
by rob65
Sun Jun 10, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Personal Advice for Retirement by 35?
Replies: 11
Views: 1732

Re: Personal Advice for Retirement by 35?

Go check out Mr. Money Mustache, rootofgood.com, and gocurrycracker.com in addition to the earlyretirementnow.com site mentioned above. Read about Roth Conversion ladders; I think both mmm and rootofgood discuss these. This is a great site and has the best unbiased portfolio advice that I have found...
by rob65
Fri Jun 08, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Tipping HVAC installers?
Replies: 22
Views: 2331

Re: Tipping HVAC installers?

Since the install is today it's too late for my suggestion to be implemented. If your install is typically southern, then much of the ducwork and mechanics are likely in your attic. When I had my install done several summers ago, I offered to give the installers access starting around 3am. They wer...
by rob65
Fri Jun 08, 2018 8:05 pm
Forum: Personal Consumer Issues
Topic: Tipping HVAC installers?
Replies: 22
Views: 2331

Re: Tipping HVAC installers?

OP here. I decided to tip $25 for each of the 2 installers. They seemed appreciative, and weren’t insulted, which I had been a little worried about. They were here 9 hours and the attic work was pretty miserable, so I felt okay with it. Wasn’t quite sure of the amount, but $25 per person seemed reas...
by rob65
Fri Jun 08, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: College: extraneous expenses
Replies: 32
Views: 3116

Re: College: extraneous expenses

That seems like a reasonable number, although you could probably get by on less. Books can be all over the place on price. I'd wait for the first day of class to see what the professor actually requires. I'd leans towards rental or digital books in core classes, but might lean towards buying and kee...
by rob65
Fri Jun 08, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 11157

Re: Why do we work?

midareff wrote:
Fri Jun 08, 2018 2:26 pm
I worked so I could enjoy my two favorite things..... living indoors and eating.
I want to retire early, but DW has this unreasonable expectation that we have both food and shelter. :happy
by rob65
Fri Jun 08, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: Tipping HVAC installers?
Replies: 22
Views: 2331

Re: Tipping HVAC installers?

Yes, that had been my original thinking and I don't think I would have tipped if it was just a basic replacement. However, I know the work adding the new duct is pretty miserable and I'm leaning towards a "have a cold one on me" level cash tip.
by rob65
Fri Jun 08, 2018 2:00 pm
Forum: Personal Consumer Issues
Topic: Tipping HVAC installers?
Replies: 22
Views: 2331

Tipping HVAC installers?

I tried a search and there seemed to be conflicting opinions from what I saw. I'm having a new HVAC system installed today. It's pretty miserably hot in the area where they are having to add some duct work, if that makes a difference. I had chicken biscuits for the workers for breakfast (it's a sout...
by rob65
Thu May 31, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Advice for assisting 18 year old son after high school
Replies: 70
Views: 5815

Re: Advice for assisting 18 year old son after high school

A few thoughts. I would continue paying the car insurance at least for awhile. Different situation, but I’m still paying my 24 year olds car insurance so that he can focus on paying off his student loans quickly. Again, maybe a different situation. Edit: You might tie this to something. You’ll keep ...
by rob65
Tue May 29, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5439

Re: Splurging on the NBA finals

My son and I have had a friendly debate over the GOAT. I argued Jordan. He argued LeBron. After the game Sunday, I conceded that he was right. Personally I hate crowds, but if you like attending sports in person, then watching arguably the greatest player of all time in possibly one of his last game...
by rob65
Tue May 29, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Selling car in CA, titled in absent owner's name
Replies: 14
Views: 857

Re: Selling car in CA, titled in absent owner's name

I've never had to present physical plates to take a car off insurance. It's always been a simple phone call to put a car on/off. (USAA) This is very state specific. In my state, canceling the insurance before canceling the registration with the DMV will generate an automatic fine from the state. (T...
by rob65
Mon May 28, 2018 10:48 pm
Forum: Investing - Theory, News & General
Topic: Can anyone recommend Any Social Responsible fund/s?
Replies: 17
Views: 1523

Re: Can anyone recommend Any Social Responsible fund/s?

iShares has a line of socially responsible ETFs. https://www.ishares.com/us/strategies/sustainable-investing/sustainable-etfs-product-overview TIAA has some options, but not sure if they are available outside of TIAA accounts. Fidelity has a fund that’s about a year old: https://fundresearch.fidelit...
by rob65
Mon May 28, 2018 5:08 pm
Forum: Personal Consumer Issues
Topic: Cruise ships for multi-generational family
Replies: 61
Views: 3780

Re: Cruise ships for multi-generational family

Disney is a no brainer shoe-in from everyone I have spoken with. It seems to hit a home run with every age group. I would not step foot on a Celebrity cruise without a threat to life and limb. +1 with a few comments. Don’t assume you’ll be overrun by children. There’s an adult only pool and in the ...
by rob65
Sun May 27, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 14750

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

I guess I should talk about the index itself, not any real life index fund. What I'm looking for is how to explain index investing in easiest terms: Is it correct to say that an investor owning x% of an index fund, that tracks some market cap weighted index (assume full replication) and has asset s...
by rob65
Sun May 27, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Leave career (fortune 200) and join the peace corps?
Replies: 29
Views: 3632

Re: Leave career (fortune 200) and join the peace corps?

What are your plans for the car/truck while you are gone? Would it be easier to sell before you leave rather than deal with storage?
by rob65
Thu May 24, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 6126

Re: Alexa Echo sent family's audio file to a contact

MJW wrote:
Thu May 24, 2018 9:13 pm
It has a long way to go before living up to the standard set by "Computer" from Star Trek TNG.
We are the Borg Alexa. Your biological and technological distinctiveness will be added to our own. Resistance is futile. Assimilation is inevitable. :happy
by rob65
Sun May 20, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 83
Views: 11087

Re: $1,700,000 from family trust...

One other quick thought. Be sure to check your insurance coverage limits on your car and homeowners policies. You should probably add a 1 million dollar umbrella policy if you don’t already have one.
by rob65
Sun May 20, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: $1,700,000 from family trust...
Replies: 83
Views: 11087

Re: $1,700,000 from family trust...

I’ll reiterate to read the wiki on windfalls. Put the money in safe fdic insured accounts, treasury bills, or federal money market funds while you decide what to do. Take your time. Personally, I would pay off all the debt. However, paying off the house is as much emotional as financial. It is takin...
by rob65
Sat May 19, 2018 11:33 am
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 6807

Re: What’s your phone/internet bill?

I’m embarrassed to post this, but I suspect my out of control spending is typical of the general population.

75 mps Internet/cable for 3 televisions: $158

T-mobile: 4 lines, unlimited talk/text/data, payment plans for 4 smart phones: about $250
by rob65
Fri May 18, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Nephew graduating high school & joining military. Gift Ideas?
Replies: 29
Views: 1866

Re: Nephew graduating high school & joining military. Gift Ideas?

Maybe a cash gift for high school graduation and, if you can afford it, a watch or good utility knife when he finishes basic training? In my mind, the second gift isn’t setting a precedent for future high school graduations in the family.
by rob65
Fri May 18, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: How does the process work for getting back funds from a Roth?
Replies: 9
Views: 876

Re: How does the process work for getting back funds from a Roth?

The 5-year rule applies to withdrawing earnings in a Roth IRA, not the contributions. I am then wrong. Note that Roth conversions do have a 5 year waiting period. I think the two different 5 year rules contribute to the confusion. https://www.kitces.com/blog/understanding-the-two-5-year-rules-for-r...
by rob65
Thu May 17, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: College Textbooks
Replies: 13
Views: 913

Re: College Textbooks

I teach at a 2 year branch campus of a large university. I would wait until the first day of class, but would try to then immediately order the books. Somewhere on the school website there will be a link showing the required books, but sometimes this shows the departmental default instead of what th...
by rob65
Wed May 16, 2018 2:46 am
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 2061

Re: How do stock buybacks work, and how do index funds handle them?

If an index fund has assets equal to p% of the total market cap of the index, it will own p% of the available shares of each stock in the index. Consider an index with three companies X, Y, and Z. Company X: 1000 shares, $10 per share, market cap = $10,000 Company Y: 500 shares, $12 per share, marke...
by rob65
Tue May 15, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Three fund portfolio performance
Replies: 31
Views: 5324

Re: Three fund portfolio performance

Was it a lump sum last June, equal monthly deposits, or some other variation? It looks to me like equal monthly investments starting June 30, 2017 to April 30, 2018 is roughly even. A lump sum on December 31 is down about 3%. The OP could have lost money depending on the deposit schedule. OP, the st...
by rob65
Mon May 14, 2018 8:49 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 13763

Re: The front page is ugly

I like the home page. Loads fast. Mobile friendly. Easy to read. I prefer the static view to the annoying bling on other sites.
by rob65
Fri May 11, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Currently under father and mother auto policy
Replies: 8
Views: 735

Re: Currently under father and mother auto policy

OP, this is something where you really need to just check with your agent since it could vary by state and by insurance company.

Note that if your father is no longer driving, he can surrender his license and replace it with a state issued ID card for non-drivers.
by rob65
Fri May 11, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 5554

Re: Anyone buy carbon offsets when flying?

For those of you saving the planet by walking to work, what makes you think that emits net less carbon than driving? There is no free energy and cars are remarkably efficient at burning fuel (humans, not so much). The car has to move not only me but also a ton or so of metal and plastic. Also, the ...
by rob65
Fri May 11, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 5554

Re: Anyone buy carbon offsets when flying?

Let me try to bring this back to the OP's question.

Here's a good summary article that includes links to sites that review carbon offsets for quality assurance.

https://www.nrdc.org/stories/should-you ... on-offsets
by rob65
Fri May 11, 2018 12:19 pm
Forum: Personal Consumer Issues
Topic: Anyone buy carbon offsets when flying?
Replies: 111
Views: 5554

Re: Anyone buy carbon offsets when flying?

For those of you saving the planet by walking to work, what makes you think that emits net less carbon than driving? There is no free energy and cars are remarkably efficient at burning fuel (humans, not so much). The car has to move not only me but also a ton or so of metal and plastic. Also, the ...
by rob65
Wed May 09, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle problem employee
Replies: 84
Views: 6242

Re: How to handle problem employee

I think you may not appreciate her experience, especially if processes evolved over time. "Your way" may or may not be more efficient, but she will likely work more efficiently if she does things in a way that makes sense to her. Tell her the goal and let her perform it however she wants. I'll give...
by rob65
Wed May 09, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Golf ball] cracked my house window. Do I have any recourse?
Replies: 68
Views: 7879

Re: Gold ball cracked my house window. Do I have any recourse?

I’m waiting for the replies wondering why people are talking about gold prices after the OP comes back and fixes the typo. :sharebeer

I will confess the title did get me to open the thread, I just had to know. :happy
by rob65
Tue May 08, 2018 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Living off Dividends of Vanguard Total Stock
Replies: 49
Views: 7166

Re: Living off Dividends of Vanguard Total Stock

I think some responses are grabbing onto the dividend aspect and overlooking that living off total stock dividends implies a 2% withdrawal rate. At a 2% withdrawal rate, Firecalc gives a 100% success rate for 30 years for everything from 100% equities to 100% five year treasuries. (Standard disclaim...
by rob65
Mon May 07, 2018 12:58 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 25281

Re: most compelling TV character ever

Hawkeye Pierce, but really almost any of the characters from MASH.

Tyrion from Game of Thrones. Also, Daenerys Targaryen and Arya Stark.

Mary Roberts - easy to forget how groundbreaking the character was at the time.

Ted from How I Met Your Mother. Don’t judge me too badly.
by rob65
Sun May 06, 2018 10:52 pm
Forum: Investing - Help with Personal Investments
Topic: Fund Choice for Retiring Special Education Teacher
Replies: 18
Views: 1236

Re: Fund Choice for Retiring Special Education Teacher

Have you checked with social security to make sure she doesn’t qualify for any benefit at all? If married for 10 years, she might still qualify for a spousal benefit. That benefit would be reduced by 2/3 of her pension amount.
by rob65
Sun May 06, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: AMC Movie Theaters -- typical OR not?
Replies: 61
Views: 4992

Re: AMC Movie Theaters -- typical OR not?

Thanks all for the input. It is interesting to see how the movie business is reacting to the new reality: in-home entertainment with larger screens, more choices and more convenient access to content, etc.. Now all they need to do is come up with better movies! Most of the popular movies seem to be...
by rob65
Sun May 06, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 19655

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

Threads like this often produce advice that concerns me. Read the contract thoroughly. There may very well be a clause that the contract is contingent on financing being approved. Also, counting both incomes but only putting one name on the lease might violate a clause in the agreement - even if the...
by rob65
Sun May 06, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: AMC Movie Theaters -- typical OR not?
Replies: 61
Views: 4992

Re: AMC Movie Theaters -- typical OR not?

Thanks all for the input. It is interesting to see how the movie business is reacting to the new reality: in-home entertainment with larger screens, more choices and more convenient access to content, etc.. Now all they need to do is come up with better movies! Most of the popular movies seem to be...
by rob65
Thu May 03, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Moving downtown Chicago. Should I sell my car?
Replies: 41
Views: 2997

Re: Moving downtown Chicago. Should I sell my car?

If you get rid of the car, do some research on whether you need non-owners car insurance:
https://www.thesimpledollar.com/best-no ... insurance/
by rob65
Thu May 03, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Receiving house after parents pass away - legal issues with siblings?
Replies: 35
Views: 3794

Re: Receiving house after parents pass away - legal issues with siblings?

You put 20% down but your parents pay principle and interest and you want the equity of the house goes to you. Am I understand right? In fairness, my reading was that the siblings will get other assets that will equal everything out. The complication, in my opinion, is that what looks like it equal...
by rob65
Thu May 03, 2018 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Are Vanguard funds really any better than Schwab funds?
Replies: 28
Views: 3542

Re: Are Vanguard funds really any better than Schwab funds?

Also, note that you could buy Vanguard ETFs, VTI instead of VTSAX, at Schwab for a low fee or a Schwab ETF like SCHB, which is more tax efficient than SWTSX, for free.
by rob65
Thu May 03, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2441

Re: Buying a house and High tax blue state.. Does it make sense anymore??

Your landlord has to pay the same taxes. Property taxes over $10k are very common in states like New York, New Jersey, and Connecticut. Someone correct me if I'm wrong, but at the federal level, property taxes over $10k won't be deductible for homeowners but they would still be fully deductible as ...
by rob65
Thu May 03, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Receiving house after parents pass away - legal issues with siblings?
Replies: 35
Views: 3794

Re: Receiving house after parents pass away - legal issues with siblings?

What if the house doubles in value and the other assets get spent down to allow them to stay at home? That’s the type of situation that creates problems within the family.
by rob65
Thu May 03, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: One Bathroom in Home Change Bathtub to Only Shower Hurt Resale?.
Replies: 32
Views: 2304

Re: One Bathroom in Home Change Bathtub to Only Shower Hurt Resale?.

From my extensive expertise based on watching HGTV :happy , a big walk-in shower might actually be preferred by people who are looking at a 1 bathroom house. Your resale market isn’t people with 2.5 kids, it’s singles and couples without kids. Edit: https://mobile.nytimes.com/2017/12/26/realestate/r...
by rob65
Tue May 01, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 10132

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Lots of advice above. One thing I did not see mentioned is a device like SPOT. I come across a lot of people (at the risk of offending some...particularly those from the east coast) who do not realize how remote the west can be. I've gone days without cell coverage...then again, when we go out we t...
by rob65
Mon Apr 30, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 10132

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

I think these have already been mentioned, but a few thoughts. As mentioned already, the holds from hotels and gas stations can really add up on a debit card if you are somewhere different every night. I think credit cards are better for travel anyway. Take some actual cash just in case. They're 19,...