Search found 122 matches

by CajunDan
Wed Nov 09, 2016 3:40 pm
Forum: Personal Consumer Issues
Topic: Which state to move for milder weather
Replies: 118
Views: 19289

Re: Which state to move for milder weather

I would say move to the central coast of California: Somewhere between and including Monterey down to Santa Barbara. And get a place near the coast (obviously). Also, San Diego isn't a bad choice either. :beer Please can you help expand more. Your input seems to be more practical or meets our crite...
by CajunDan
Wed Nov 02, 2016 8:44 am
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 8818

Re: which engineering major for renewables

Hello all, My son is currently a junior in h.s. and we have checked out a couple colleges in our area. He is high functioning (3.98 gpa, AP/honors and one college class) and is looking to engineering as a major. Specifically, he would like to study(to quote him) " The harvesting, storage, delivery ...
by CajunDan
Sat Oct 29, 2016 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Income needed pre-tax to generate a certain amount
Replies: 18
Views: 3030

Re: Income needed pre-tax to generate a certain amount

I cannot seem to get my brain around this, so hopefully someone here can help me with the math. In doing my retirement planning, I've figured out that we probably need $80000 a year post-tax (I know that sounds crazy but I've run it every which way, and that doesn't even include big travel. And tha...
by CajunDan
Sat Oct 22, 2016 11:36 am
Forum: Personal Consumer Issues
Topic: Cheapskate for not flying business class?
Replies: 81
Views: 10593

Re: Cheapskate for not flying business class?

OK, after a lifetime of scrimping and saving, I am now well into my retirement for the past 16 years, age 72, and I simply have a hard time to stomach paying some $120 extra per flying hour simply for an upgrade from Coach to Business. That's the differential on the long routes I normally travel. A...
by CajunDan
Wed Oct 19, 2016 9:10 am
Forum: Personal Investments
Topic: Anyone have experience with Vanguard Flagship?
Replies: 28
Views: 8460

Re: Anyone have experience with Vanguard Flagship?

Depending on the amount of assets, I would looking at generating bonus money with those transfers. Earl Thank you all for your responses. The total rollover amount is in the 7 figure range. Ameritrade has bonuses for rolling over. I have a brokerage account with ameritrade and my wife has her rollo...
by CajunDan
Sun Oct 09, 2016 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 34209

Re: Side hustle

I am curious. I would like to hear your experience in starting and running a side business. What was it? Was it profitable? Was it worth your time? Etc. Thanks! My side job was writing articles for a trade magazine. I started back in 1998 and make about $5-10k/year. I liked it so much I quit my reg...
by CajunDan
Sat Oct 08, 2016 8:17 pm
Forum: Personal Investments
Topic: Moving 401k to IRA
Replies: 16
Views: 1584

Re: Moving 401k to IRA

I just visited my Fidelity financial planner. I have my ira and 401k at Fidelity. The financial planner suggested I roll my 401k over to my IRA. The 401k has some great funds (Vanguard) and some not great. The megacorp pays for most fees and the expense ratios are very good. (The 401k plan from emp...
by CajunDan
Wed Sep 28, 2016 8:29 pm
Forum: Personal Investments
Topic: 1 million to add to vanguard
Replies: 69
Views: 9202

Re: 1 million to add to vanguard

I have 1 million to add to my vanguard account should i lump sum it in maybe spread it out over 10 monthly installment I know people on here hate market timers but because of election uncertainty should i wait for a few big dips and jump in then? Lump sum is higher risk and higher reward. Dollar co...
by CajunDan
Tue Sep 27, 2016 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: How much Umbrella Insurance coverage needed?
Replies: 65
Views: 16338

Re: How much Umbrella Insurance coverage needed?

Out of curiosity how much more does additional insurance cost? I recently changed my limits and noticed it's slightly cheaper at the "lower" tiers but if I went to say..10M then the premiums would likely skyrocket and they would probably need to interview me out of hesitation to issue such a policy...
by CajunDan
Thu Sep 22, 2016 10:27 pm
Forum: Personal Consumer Issues
Topic: Warm January Vacation?
Replies: 19
Views: 2585

Re: Warm January Vacation?

Any suggestions on a warm January vacation? Id rather do a ski trip but the boss is preggers, cant do much on the slopes. Dont really want to travel outside of U.S. with a small child and pregnant wife. We've been to Hawaii in January and it was awesome. If you're on the east coast, South Florida a...
by CajunDan
Thu Sep 22, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a small business- Tax questions
Replies: 8
Views: 1180

Re: Starting a small business- Tax questions

Thanks in advance for any help you can provide! 1) My husband and I are getting ready to start a small business and we should be up and running in January of 2017. However, most of our start up expenses are incurred this tax year. How do I deduct 2016 expenses? Would I file a schedule C for this ye...
by CajunDan
Tue Sep 20, 2016 12:58 pm
Forum: Personal Investments
Topic: LT Treasury Zeros: ETF or Individual Bonds
Replies: 6
Views: 782

Re: LT Treasury Zeros: ETF or Individual Bonds

At the moment, the bid-ask on Vanguard's platform for the longest-dated STRIP (5/15/2045) are 48.739/48.258 for $100,000 and 49.007/47.978 for $1,000. Fairly sizable spreads, especially at the lower quantities. Spreads on the ordinary treasury bond maturing on the same date are much lower: 112.300/...
by CajunDan
Tue Sep 20, 2016 11:40 am
Forum: Personal Investments
Topic: LT Treasury Zeros: ETF or Individual Bonds
Replies: 6
Views: 782

Re: LT Treasury Zeros: ETF or Individual Bonds

Any reason to buy an ETF such as VG EDV which tracks the Barclays U.S. Treasury STRIPS 20–30 Year Equal Par Bond Index instead of just buying 30-year zero coupon treasury bonds directly? If you want to keep the duration long, the fund will do it for you. If it were me, I'd use the fund, as it would...
by CajunDan
Tue Sep 20, 2016 11:02 am
Forum: Personal Investments
Topic: LT Treasury Zeros: ETF or Individual Bonds
Replies: 6
Views: 782

Re: LT Treasury Zeros: ETF or Individual Bonds

I'm going to commit part of my bond portfolio to LT Treasury Zeros for deflation protection. Any reason to buy an ETF such as VG EDV which tracks the Barclays U.S. Treasury STRIPS 20–30 Year Equal Par Bond Index instead of just buying 30-year zero coupon treasury bonds directly? EDV is very conveni...
by CajunDan
Mon Sep 19, 2016 11:30 pm
Forum: Personal Investments
Topic: LT Treasury Zeros: ETF or Individual Bonds
Replies: 6
Views: 782

LT Treasury Zeros: ETF or Individual Bonds

I'm going to commit part of my bond portfolio to LT Treasury Zeros for deflation protection. Any reason to buy an ETF such as VG EDV which tracks the Barclays U.S. Treasury STRIPS 20–30 Year Equal Par Bond Index instead of just buying 30-year zero coupon treasury bonds directly? EDV is very convenie...
by CajunDan
Mon Sep 19, 2016 9:59 am
Forum: Investing - Theory, News & General
Topic: The states we won't buy munis from, update
Replies: 50
Views: 8871

Re: The states we won't buy munis from, update

Thought enough people would be interested in this topic that didn't want it to get lost in the other thread, so thought would post it as separate piece. It's an update on what we buy given that the list has not only expanded but has been bifurcated. The following are the states we won't buy bonds f...
by CajunDan
Wed Sep 14, 2016 1:28 pm
Forum: Investing - Theory, News & General
Topic: WSJ: Bank Balance better predictor of happiness than Total Wealth
Replies: 43
Views: 8721

Re: WSJ: Bank Balance better predictor of happiness than Total Wealth

This is reinforcing my recent inclination to move from 100/0 stocks/bonds to 80/20 (I would consider bonds to be 'money' psychologically). Your instincts are good, follow them, 80/20 is much more comfortable than 100/0, with similar performance over the past 50 years or so according to Portfolio Vi...
by CajunDan
Wed Sep 14, 2016 1:22 pm
Forum: Personal Investments
Topic: Holding Admiral Shares with ML Edge
Replies: 49
Views: 8186

Re: Holding Admiral Shares with ML Edge

ML Edge tells me if I open an account with them, I can transfer VG Admiral Shares to an ML Edge account and hold them, but can't buy or sell Admiral Shares, just Investor Shares, and of course VG ETFs. Has anyone done that? What did you end up doing? I opened an account with ML Edge and transferred...
by CajunDan
Tue Sep 13, 2016 9:48 pm
Forum: Personal Investments
Topic: question about bond investments in my portfolio
Replies: 13
Views: 1676

Re: question about bond investments in my portfolio

Buy LT T-bonds directly (I'm concerned about bid/ask spreads and getting a good price when buying and selling) You can buy Treasuries when they're newly offered at auction. But have you even looked at the spreads in the secondary market? This is what I see at Vanguard now, for example: http://i.img...
by CajunDan
Tue Sep 13, 2016 9:41 pm
Forum: Investing - Theory, News & General
Topic: Negative interest rates in the USA
Replies: 9
Views: 1652

Re: Negative interest rates in the USA

Well, there continues to be smatterings of discussion on the possible use of negative interest rates in the USA as they are being used in other parts of the world. I even heard a discussion on NPR from an author of a recent book on the use of negative interest rates as well as doing away of all pap...
by CajunDan
Tue Sep 13, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining college tuition increases
Replies: 27
Views: 2897

Re: Explaining college tuition increases

Interesting analysis of underlying causes of tuition inflation at public colleges and universities. Authors claim the bulk of tuition increases over the past few decades are explained by a decline in state support. For those with young kids nervously projecting future college costs based on recent ...
by CajunDan
Mon Sep 12, 2016 7:27 pm
Forum: Personal Investments
Topic: 30-year STRIPS vs T-bonds
Replies: 7
Views: 1085

Re: 30-year STRIPS vs T-bonds

Wow, buying 30 year bonds in the current interest rate environment. You must have a serious concern about deflation if you want to buy 30 year paper at today's rates! Thinking about "deep risk" as expressed by Dr. Bernstein. Near as I can tell, the most likely deep risk for me is a deflationary slo...
by CajunDan
Mon Sep 12, 2016 3:17 pm
Forum: Personal Investments
Topic: 30-year STRIPS vs T-bonds
Replies: 7
Views: 1085

30-year STRIPS vs T-bonds

I'm reallocating 10% of my total portfolio from junk bonds to either STRIPS of T-bonds for deflation protection. I'm leaning towards STRIPs because I think they will rise more than 30-year bonds if interest rates fall because I won't need to invest coupon payments at lower interest rates as with bon...
by CajunDan
Mon Sep 12, 2016 12:52 pm
Forum: Personal Investments
Topic: question about bond investments in my portfolio
Replies: 13
Views: 1676

Re: question about bond investments in my portfolio

Have you considered Total International Bond Index fund as Vanguard experts recommend? I agree regarding your thoughts on high yield bonds. They do not provide support during market stress. We removed them many years ago. I have quite a bit in BND, U.S. Total Bond index, and I don't like Internatio...
by CajunDan
Mon Sep 12, 2016 12:51 pm
Forum: Personal Investments
Topic: question about bond investments in my portfolio
Replies: 13
Views: 1676

Re: question about bond investments in my portfolio

Why do you not want TIPS? Perhaps the minimal cash flows from dividends? TIPS are for inflation protection, which we have in other areas. They don't go up in price like normal bonds when interest rates fall, as they would in a deflationary environment. We're not in deflation now in the U.S, but int...
by CajunDan
Mon Sep 12, 2016 11:23 am
Forum: Personal Investments
Topic: question about bond investments in my portfolio
Replies: 13
Views: 1676

Re: question about bond investments in my portfolio

For a long term treasury fund look at the iShares ETF TLT, or Vanguard's ETF EDV. You could also just buy them directly through Vanguard for no fee. I don't think you'd have to worry about bid/ask spreads, since treasuries are traded so widely. It's usually muni bonds where you need to worry about ...
by CajunDan
Mon Sep 12, 2016 11:11 am
Forum: Personal Investments
Topic: question about bond investments in my portfolio
Replies: 13
Views: 1676

question about bond investments in my portfolio

We "hit our number" earlier this year and cut back our AA to 50/50 and we plan to stay there for quite a while. Due to outside holdings in real estate and other inflation protection (my wife's job and my company's earnings), I see our biggest risk by far as deflation and a corresponding weak economy...
by CajunDan
Sat Sep 10, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: How I circumvented Chase's 5/24 rule
Replies: 38
Views: 8177

Re: How I circumvented Chase's 5/24 rule

I opened 7 cards in the last 24 months, and just got accepted for a Sapphire Reserve card with $34K credit limit. I can't say that what I did would work for everybody, but I am relating my experience. YMMV. Two months ago I opened up a Chase savings and checking account with ~$15K, in order to coll...
by CajunDan
Fri Sep 09, 2016 9:15 pm
Forum: Personal Investments
Topic: Looking for safe ETFs for 200K cash sitting in brokerage accounts.
Replies: 40
Views: 7789

Re: Looking for safe ETFs for 200K cash sitting in brokerage accounts.

I have right now 200K just sitting in two separate brokerage accounts. I'm in my mid 30's and don't need the money. I decided that I don't trust the stock market right now and feel it is in bubble territory and is due a correction. I know many have thought this for years and it keeps going up. Well...
by CajunDan
Fri Sep 09, 2016 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pension buy outs ???
Replies: 34
Views: 4938

Re: Pension buy outs ???

Has anyone gone thru a pension buy out aka lump sum? The company I was with for 19.5 years is freezing the pensions and going to offer a lump sum pay out. How does this work? How is it calculated? When I left the company last fall, they gave me a paper with the calculations on what id receive at 65...
by CajunDan
Fri Sep 09, 2016 12:32 pm
Forum: Personal Investments
Topic: Holding Admiral Shares with ML Edge
Replies: 49
Views: 8186

Re: Holding Admiral Shares with ML Edge

My attempt: Requested transfer from Admiral to ETF. Rep verified all information and informed me that the trades would process same day. Multiple days later I logged into Vanguard. Admiral shares remained. Called Vanguard to rectify, placed on hold for 10 minutes, no response, ended call. Redialed....
by CajunDan
Fri Sep 09, 2016 12:30 pm
Forum: Personal Investments
Topic: Holding Admiral Shares with ML Edge
Replies: 49
Views: 8186

Re: Holding Admiral Shares with ML Edge

ML Edge tells me if I open an account with them, I can transfer VG Admiral Shares to an ML Edge account and hold them, but can't buy or sell Admiral Shares, just Investor Shares, and of course VG ETFs. Has anyone done that? What did you end up doing? I opened an account with ML Edge and transferred...
by CajunDan
Thu Sep 08, 2016 1:08 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 17292

Re: Do Bogleheads Budget?

no, never have
by CajunDan
Wed Sep 07, 2016 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Stay or Can I Go [Retire]
Replies: 14
Views: 3574

Re: Should I Stay or Can I Go

Just joined the group. I plan to retire in 2 months, but I fret about having sufficient funds in retirement. I'm hoping for a vote of confidence. On a high level, here are some stats: Couple, both 60 and in good health. Zero debt. Combined Investment Portfolio ($1,700K): - jt. account $ 100K, 60/40...
by CajunDan
Tue Sep 06, 2016 7:30 am
Forum: Investing - Theory, News & General
Topic: My take on the passive investing is worse than Marxism
Replies: 25
Views: 5998

Re: My take on the passive investing is worse than Marxism

http://www.etf.com/sections/index-investor-corner/swedroe-passive-investing-wont-break-market IMO a new low by desperate industry. I hope you find it of interest. Larry Brilliant Larry, great column, with my new favorite quote included in your piece: As American novelist Upton Sinclair wrote, “It i...
by CajunDan
Mon Sep 05, 2016 10:56 pm
Forum: Personal Consumer Issues
Topic: Las Vegas with kid, any suggestions?
Replies: 19
Views: 2848

Re: Las Vegas with kid, any suggestions?

OP here. Thanks for all the helpful suggestions. We will be staying at the Wynn. Initially we weren't planning on renting a car. Was going to just take taxis and uber. Now i think we will actually rent a car for trips off the strip. I think our son will enjoy the Hoover Dam. Thanks Our kids love th...
by CajunDan
Sun Sep 04, 2016 1:35 pm
Forum: Investing - Theory, News & General
Topic: Book Review, How to Think About Money by Jonathan Clements
Replies: 8
Views: 2590

Re: Book Review, How to Think About Money by Jonathan Clements

This book just came out and I read it over the last few days. If you're a Boglehead, save your money as the author is too, and 90% of what he says is basic Boglehead stuff: There are plenty of new Bogleheads who could benefit from such a book. Clements is a good writer and thinks like a Boglehead. ...
by CajunDan
Sun Sep 04, 2016 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Unethical to chase transfer bonuses?
Replies: 52
Views: 6207

Re: Unethical to chase transfer bonuses?

Personal experience. ML is a nightmare. They'll find a way to get that $2,500 in fees, inconvenience, poor customer service, and expensive products. This is Merrill Edge, not Lynch. It's the old BofA investment arm, renamed when they bought ML. It's a discount brokerage, and in my opinion a VERY go...
by CajunDan
Sun Sep 04, 2016 9:19 am
Forum: Investing - Theory, News & General
Topic: Book Review, How to Think About Money by Jonathan Clements
Replies: 8
Views: 2590

Book Review, How to Think About Money by Jonathan Clements

This book just came out and I read it over the last few days. If you're a Boglehead, save your money as the author is too, and 90% of what he says is basic Boglehead stuff: save diligently, diversify, use index funds, don't pick stocks, don't time the market, etc. The interesting 10% of the book for...
by CajunDan
Sat Sep 03, 2016 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Unethical to chase transfer bonuses?
Replies: 52
Views: 6207

Re: Unethical to chase transfer bonuses?

If anyone from Merrill Edge is reading this, I will gladly transfer my shares to your brokerage in exchange for $2,500. They are nice shares, well maintained, like new. From the Fidelity web site: Deposit Amount $50,000+, $100,000+, $250,000+, $500,000+, $1,000,000+ Cash Bonus $200, $300, $600, $1,...
by CajunDan
Sat Sep 03, 2016 1:03 pm
Forum: Personal Consumer Issues
Topic: Which city to start early retirement?
Replies: 128
Views: 17783

Re: Which city to start early retirement?

DW and I are thinking about retiring this year and we've narrowed it down to three cities based on our own internal criteria. The areas are Boise, ID (Meridian, ID specifically), Las Vegas, NV (Henderson, NV specifically) and Columbus, OH (Dublin, OH specifically). The criteria included generally l...
by CajunDan
Sat Sep 03, 2016 12:25 pm
Forum: Investing - Theory, News & General
Topic: Part 2 of series on how frequency of checking values can impact returns
Replies: 22
Views: 3723

Re: Part 2 of series on how frequency of checking values can impact returns

Cajun Assuming your labor capital is stable I would say that you now have little need for risk taking. Whether you want to take more risk is a choice now, not a necessity and should depend on your marginal utility of wealth above that figure. Note you might want to consider a higher tilt to small/v...
by CajunDan
Sat Sep 03, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Unethical to chase transfer bonuses?
Replies: 52
Views: 6207

Re: Unethical to chase transfer bonuses?

I don't think you should feel bad about this or that you are doing anything unethical. This is what is known as an "arm's length" transaction. They made the offer unsolicited by you and you accepted. There are no mitigating circumstances or "behind closed doors" side deals here. For $5,000, I would...
by CajunDan
Sat Sep 03, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Unethical to chase transfer bonuses?
Replies: 52
Views: 6207

Unethical to chase transfer bonuses?

Fidelity, ML Edge and others are offering me a transfer bonus of $2500. I just transferred to ML Edge and will collect my $2500 bonus over the next nine months. Fidelity called me right after the transfer and said they would give me $2500 nine months from now to transfer my money back to them. Maybe...
by CajunDan
Fri Sep 02, 2016 7:58 pm
Forum: Investing - Theory, News & General
Topic: Part 2 of series on how frequency of checking values can impact returns
Replies: 22
Views: 3723

Re: Part 2 of series on how frequency of checking values can impact returns

Random It's not only about MLA but about MARGINAL UTILITY of WEALTH. One of my favorite expressions is if you have already won the game, why are you still playing? And if you can achieve your goals with high degree of success with lower equity allocation than IMO that is the rational choice for mos...
by CajunDan
Fri Sep 02, 2016 3:45 pm
Forum: Personal Investments
Topic: Got [a bad deal] on muni bonds
Replies: 66
Views: 8411

Re: Got screwed on muni bonds

Why people go outside of Vanguard, or maybe Fidelity, I don't yet understand. Merrill Edge exists to take your money. That's it. Now they got it so everything is working as intended. I went outside because ML Edge has better customer service than VG, and is much cheaper than Fidelity for annual reb...
by CajunDan
Fri Sep 02, 2016 3:34 pm
Forum: Personal Consumer Issues
Topic: Frustrated Losing Weight!
Replies: 131
Views: 12486

Re: Frustrated Losing Weight!

My mental trick is to just think about it this way: Are you 20 lbs overweight? Well, there's 4 sticks of butter in a pound, so think about if you melted down 80 sticks of butter and injected them. Eek. OK, now you have a mental picture of what you have to burn off by burning more calories than you ...
by CajunDan
Fri Sep 02, 2016 3:15 pm
Forum: Personal Consumer Issues
Topic: Frustrated Losing Weight!
Replies: 131
Views: 12486

Re: Frustrated Losing Weight!

On too many medications fighting my type 2 diabetes...weight loss would help a lot I know. Trend diet work in the beginning but it's not something you can live with. Anyone have any suggestions for low carb breakfast...I know what to do, I just need to find the right motivation...perhaps the threat...
by CajunDan
Wed Aug 31, 2016 10:06 pm
Forum: Personal Investments
Topic: Seeking advice on new AA
Replies: 9
Views: 983

Re: Seeking advice on new AA

Per my last post and financial details in this post I'm hoping to get some final thoughts on what I'd like to do now that we've decided to move forward and reallocate our funds. On the wiki, I like the Rick Ferri Core Four portfolio allocation because I'd like to have some money in REIT's. We've al...
by CajunDan
Wed Aug 31, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: How to give unsolicited advice
Replies: 54
Views: 5531

Re: How to give unsolicited advice

On Saturday morning when they ask you what you want to do for the day, you say, "I'm going to look at my Vanguard mutual fund retirement accounts and see if I need to rebalance." Then you pop open your laptop, look and say, "Wow, I'm doing great! I'll buy dinner tonight for everyone. Where should w...