Search found 1580 matches

by Nate79
Sun Jan 21, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 47
Views: 3339

Re: Do we need an emergency supplies kit (go bag)?

We have a 3 day/2 person emergency kit in each vehicle as well as documents easily accessible in an emergency.
by Nate79
Sun Jan 21, 2018 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Mismatch between my employer 401k contributions and Fidelity
Replies: 4
Views: 433

Re: Mismatch between my employer 401k contributions and Fidelity

I have never received any tax forms from an employer 401k provider. It shows up on your W2.
by Nate79
Sun Jan 21, 2018 1:07 am
Forum: Investing - Help with Personal Investments
Topic: Pull back on retirement saving to increase savings for kids' college?
Replies: 27
Views: 1653

Re: Pull back on retirement saving to increase savings for kids' college?

Is your current retirement savings rate what you need to hit your retirement goals? If so, have you considered perhaps you and your child can not afford the private colleges you are considering? It's a red flag to sacrifice needed retirment savings for a very expensive private college education.
by Nate79
Sun Jan 21, 2018 12:06 am
Forum: Personal Consumer Issues
Topic: Rent (free at library) or buy books?
Replies: 40
Views: 2105

Re: Rent (free at library) or buy books?

We haven't bought books in years as we exclusively use our local library system, both kindle and hard cover. I can't imagine the amount of money I've saved when I quit buying and started using the library.
by Nate79
Sat Jan 20, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Father inlaw taxes: pension taxation
Replies: 17
Views: 1547

Re: Father inlaw taxes: pension taxation

Hire a professional. Either you and your husband don't know what you are doing or you actively participate in tax fraud. Hopefully it's the former.
by Nate79
Sat Jan 20, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Is there anything else I can do?
Replies: 9
Views: 942

Re: Is there anything else I can do?

The HSBC portfolio is made up of the following: FRANKLIN MUTUAL GLOBAL DISCOVERY FUND CLASS=36K MFS GROWTH FUND CLASS A Quantity=46K LORD ABBETT INCOME FUND CLASS A =43K LORD ABBETT SHORT DURATION INCOME FUND CLASS A =51K CLEARBRIDGE SMALL CAP GROWTH FUND CLASS A =33K FIDELITY ADVISOR MATERIALS FUN...
by Nate79
Sat Jan 20, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: $50K Whole Life Insurance Policy
Replies: 12
Views: 566

Re: $50K Whole Life Insurance Policy

Just get term insurance and cancel this junk.
by Nate79
Sat Jan 20, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Is there anything else I can do?
Replies: 9
Views: 942

Re: Is there anything else I can do?

I would suggest you post the details of your portfolio, especially the managed account.
by Nate79
Sat Jan 20, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 6787

Re: Lost money through Bitconnect scam - learned my lesson

It's been called a scam for quite some time. Shouldn't come as a surprise.
by Nate79
Sat Jan 20, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Is the crypto market efficient?
Replies: 23
Views: 1236

Re: Is the crypto market efficient?

I fail to see how a market can be efficient when it is being driven by speculation, pump and dump, corruption, price manipulation, high costs, orders take a long time to fulfill, and very little regulation (and the threat of regulation causes massive price changes).
by Nate79
Sat Jan 20, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cash Out my NML Whole Life Insurance?
Replies: 45
Views: 2969

Re: Should I Cash Out my NML Whole Life Insurance?

Hello, I've been thoroughly reading these forums and come to the conclusion I need to switch my current life insurance situation from what I have outlined below to a 25 or 30 year term policy. My parents bought me a policy when I was 6, and were I guess talked into 3 more since then, so I have 4 to...
by Nate79
Sat Jan 20, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cash Out my NML Whole Life Insurance?
Replies: 45
Views: 2969

Re: Should I Cash Out my NML Whole Life Insurance?

Hey, a company ripped your parents off by selling you this whole life junk and now let's give this company a chance to try and sell you some more higher priced products. Term life should be shopped around thru any online or independent broker. Do not spend one second working with these scam artists...
by Nate79
Sat Jan 20, 2018 1:27 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Accounts
Replies: 18
Views: 1712

Re: Edward Jones Accounts

Unfortunately for Edward Jones due to recent law changes around the fiduciary rules they have had to find new and creative ways to rip you off, I mean take your money, I mean have you pay them an advisory fee.
by Nate79
Sat Jan 20, 2018 1:17 am
Forum: Personal Finance (Not Investing)
Topic: Should I Cash Out my NML Whole Life Insurance?
Replies: 45
Views: 2969

Re: Should I Cash Out my NML Whole Life Insurance?

Hey, a company ripped your parents off by selling you this whole life junk and now let's give this company a chance to try and sell you some more higher priced products. Term life should be shopped around thru any online or independent broker. Do not spend one second working with these scam artists ...
by Nate79
Fri Jan 19, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Legal to pay yourself to earn credit card bonuses?
Replies: 24
Views: 2130

Re: Legal to pay yourself to earn credit card bonuses?

Credit cards are getting very strict about catching this activity and clawing back bonuses. Even gift card purchased are under fire.
by Nate79
Fri Jan 19, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Is the crypto market efficient?
Replies: 23
Views: 1236

Re: Is the crypto market efficient?

Efficient? No, I think the word you are looking for is corrupt.
by Nate79
Fri Jan 19, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 25
Views: 3796

Re: Someone Needs To Pay For What They Did (Advice sought)

Where's the meter? You should be doing a daily inspection to solve this and to see how much juice you're using and if there's "leakage" someplace. My electric bill doubled one month which never happened before. Turns out the check valve on my water pump 300 ft down in the ground had broken and the ...
by Nate79
Fri Jan 19, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: What will happen if everyone indexed?
Replies: 23
Views: 2244

Re: What will happen if everyone indexed?

The same thing will happen when this question is asked in the 1000 other threads on the topic. I suggest a basic search next time for a topic that is probably discussed weekly.
by Nate79
Fri Jan 19, 2018 12:16 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance !! Moving From Morgan Stanley ...
Replies: 9
Views: 1044

Re: Inheritance !! Moving From Morgan Stanley ...

I would look at Schwab. They should offer you 300 free trades (Hopefully enough for you to sell all the individual stocks at no cost) and are extremely customer oriented. Get out of the individual stocks and into index funds.
by Nate79
Thu Jan 18, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: 529, taxes and school tax
Replies: 5
Views: 349

Re: 529, taxes and school tax

Wow. Just wow.
by Nate79
Thu Jan 18, 2018 7:05 pm
Forum: Investing - Theory, News & General
Topic: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions
Replies: 24
Views: 2497

Re: Nice write up in the NY Times about the transformative powers of blockchain on societal interactions

Gartner hype cycle...... New technologies come and go. Which ones will find actual societal use and which ones will be a footnote in history will only be known after the fact. Calling blockchain "revolutionary" is laughable. There are many counter opinions out there of those in the industry who have...
by Nate79
Thu Jan 18, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Why even have Bonds in a 401k?
Replies: 30
Views: 2833

Re: Why even have Bonds in a 401k?

I think it is just fine to have a retirement account asset allocation, where if you are 20+ years from retirement and plan to just leave it alone then 100% stocks is fine. Depending on how the market is going 5-10 years from retirement you could increase the bonds if you want to plan on a stock/bond...
by Nate79
Thu Jan 18, 2018 3:05 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2227

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

Do you want to take risk on the bond side or only on the stock side? If you are willing to take a little bit more risk on the bond side to get a little bit more return then I think the OP's idea is good, especially in accumulation phase. This is no different than why is TBM recommended in the 3 fund...
by Nate79
Thu Jan 18, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 46
Views: 2455

Re: Real Estate Versus Stocks

I would start with this thread and read the detailed research paper referenced in the OP to get an understanding of real estate returns vs stocks:
viewtopic.php?f=10&t=225784
by Nate79
Wed Jan 17, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions
Replies: 25
Views: 1501

Re: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions

The cost savings of raising deductibles as OP shows rarely makes sense in what I have seen.
by Nate79
Wed Jan 17, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: [n X expenses + r] instead of [n X expenses]
Replies: 27
Views: 1065

Re: [n X expenses + r] instead of [n X expenses]

So, on top of 33X expenses, everyone needs an extra $1m just to be safe? Well, you just eliminated about 99.999% of retirees. Guess everyone is in trouble now if this is the new requirement.
by Nate79
Tue Jan 16, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: Besides Bogleheads, What Are Your Favorite Forums?
Replies: 92
Views: 9668

Re: Besides Bogleheads, What Are Your Favorite Forums?

Most time spent on BH but if time permits mrmoneymustache forums are ok, automotive forums (bobistheoilguy, car specific forums like GM-trucks), deal sites (dansdeals, slickdeals, doctor of credit).
by Nate79
Tue Jan 16, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: GE and the myth of "safe blue-chip stocks"
Replies: 115
Views: 13710

Re: GE and the myth of "safe blue-chip stocks"

Interesting that they called out one of their key issues is related to long term care insurance.
by Nate79
Tue Jan 16, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6352

Re: Looking for a reasonably priced, safe international destination

LarryAllen wrote:
Tue Jan 16, 2018 9:24 am
Costa Rica is great.
+1000
by Nate79
Mon Jan 15, 2018 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory
Replies: 15
Views: 1144

Re: Vanguard Personal Advisory Services vs. Schwab Intelligent Advisory

Schwab Intelligent Portfolio is free. Considering Schwab excellent products, customer service, etc I would strongly consider them.
by Nate79
Mon Jan 15, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10252

Re: Dave Ramsey's Millionaire Study

As expected, the thread turned into a DR bashathon. I guess the more popular he becomes the more threads like this will continue. That's what happens when you are the most popular and widely successful personal finance celebrity.
by Nate79
Mon Jan 15, 2018 7:59 pm
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 53
Views: 3077

Re: PTO policy after international business travel

I work for an international company and regularly travel from US to Asia. Our company stopped paying for upgraded seats almost 10 years ago. I can't even imagine asking for any PTO. You would be laughed at for even asking.
by Nate79
Mon Jan 15, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Best way to pay off mortgage (considering investment returns)
Replies: 9
Views: 1586

Re: Best way to pay off mortgage (considering investment returns)

Rerun your numbers with 4% stock market returns. Then rerun it for 10% stock market returns..... on and on. Since there is no guaranteed stock market return all you are doing is playing with numbers.
by Nate79
Sun Jan 14, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: Variable annuity and ACA subsidy
Replies: 12
Views: 615

Re: Variable annuity and ACA subsidy

I would really advise to think long and hard about any decisions that could have a long term impact for something as politically impacted as ACA subsidies.
by Nate79
Sun Jan 14, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: Mutual fund total return calculators
Replies: 1
Views: 104

Re: Mutual fund total return calculators

dantruong02 wrote:
Sun Jan 14, 2018 8:52 am
Other than Yahoo which I don't trust are there any mutual fund total return calculators out there? It would be great to find one where you plug in the symbol, start and end date, and get a return that includes any dividends, cap gain dist, and splits.

Thank You in advance,

Dan Truong
Morningstar
by Nate79
Sun Jan 14, 2018 12:18 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10252

Re: Dave Ramsey's Millionaire Study

He talks about this millionaire survey all the time on the show but I can't find a link to it.
by Nate79
Sat Jan 13, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Rolling old Roth IRAs to 529s
Replies: 22
Views: 772

Re: Rolling old Roth IRAs to 529s

Why not roll these old Roths to your current Roth IRA? You can certainly pull out the contributions tac and penalty free and put in a 529. If you get a state tax deduction it might make sense to do so.
by Nate79
Fri Jan 12, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Lost HSA accounts
Replies: 6
Views: 516

Re: Lost HSA accounts

Can you ask the old employers?
by Nate79
Thu Jan 11, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Max out 2018 Roth IRAs or pay off CC
Replies: 9
Views: 662

Re: Max out 2018 Roth IRAs or pay off CC

Be very careful borrowing money to invest. When things go south and you are leveraged up it can get very bad very quickly. Now if you put the money in your Roth in a safe bond fund then the risk is much less as you could always pull that money out and pay off the card. But if you are borrowing money...
by Nate79
Thu Jan 11, 2018 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Administrator does not automatically reinvest dividends?
Replies: 1
Views: 146

Re: HSA Administrator does not automatically reinvest dividends?

I have an HDHP w/ HSA through Aetna with Payflex as my HSA administrator. I set up a recurring transfer for all employer/employee contributions to go from my HSA interest bearing account to their investment account (VSMGX). I noticed the dividends were posted to the interest-bearing account and not...
by Nate79
Thu Jan 11, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Mandatory IRA distributions. The IRS will take my money away!!
Replies: 29
Views: 1955

Re: Help with Mandatory IRA distributions. The IRS will take my money away!!

I guess a Great Depression market correction of -80% would solve your problem, right?
by Nate79
Thu Jan 11, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3134

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

Even Vanguard is not completely innocent. It appears that Vanguard has been promoting Vanguard PAS especially for their Flagship customers. According to this article , Vanguard "financial planners who don't reach company-set quotas for signing up customers for Personal Advisor Services don't qualif...
by Nate79
Thu Jan 11, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: To those who avoid FICA with HSA payroll contributions
Replies: 40
Views: 5502

Re: To those who avoid FICA with HSA payroll contributions

There are a lot of flaws on both sides of the argument in the typical analysis of deciding whether SS is a good return and avoiding FICA. 1. SS is insurance and is a complicated insurance product at that with many benefits that are ignored in the cost benefit calculation (spousal income, income paya...
by Nate79
Wed Jan 10, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: STCG distributions in Fidelity Total Stock Market fund!?
Replies: 10
Views: 570

Re: STCG distributions in Fidelity Total Stock Market fund!?

Fidelity is not Vanguard. Vanguard mutual funds are special structure and behave more like ETF's in terms of their tax efficiency and distributions. Fidelity mutual funds are a perfect example of why you should use the ETF versions if you are worried about the tax implications of distributions.
by Nate79
Wed Jan 10, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Kodakcoin
Replies: 101
Views: 8061

Re: Kodakcoin

"I've gots to get me some Kodakcoin" said no one, ever.
by Nate79
Tue Jan 09, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: 2006 subaru timing belt replacement
Replies: 37
Views: 1167

Re: 2006 subaru timing belt replacement

I think you will get more/better expertise and info on the Subaru forums. It is HIGHLY recommended to replace all moving parts that touch the timing belt as well as some of the other maintenance parts while in there (seals and so forth). It is rarely the belt that fails and almost always one of the ...
by Nate79
Tue Jan 09, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Math - What I am not thinking of?
Replies: 26
Views: 4097

Re: Early Retirement Math - What I am not thinking of?

As was already pointed out I would be worried about future local inflation and currency exchange rate changes. Any simulations that didn't take this into account would be almost meaningless. To me this would be complicated and you would need to account for what you think will happen in the next 60 y...
by Nate79
Sun Jan 07, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Betterment Holdings or Transfer In-Kind to Vangaurd?
Replies: 5
Views: 452

Re: Sell Betterment Holdings or Transfer In-Kind to Vangaurd?

Does Betterment allow transfer in kind? Or do they require you to liquidate before transferring?