Search found 310 matches

by cdu7
Mon Nov 04, 2019 11:26 am
Forum: Personal Consumer Issues
Topic: [Upgrading from an AT&T iPhone 6]
Replies: 15
Views: 758

Re: [Upgrading from an AT&T iPhone 6]

I want to just throw it out there that there is a strong chance that in March of 2020 Apple is releasing the iPhone SE 2 with a 399 price point and loads of updates. Might be worth waiting. My wife just got the 11 and it’s a good one, but I’m holding out until March for now.
by cdu7
Sun Nov 03, 2019 2:39 pm
Forum: Personal Investments
Topic: Using 403(b) or 457(b)
Replies: 13
Views: 850

Re: Using 403(b) or 457(b)

Thanks for the replies. I am in the 22% tax bracket and the fees are the same for both types of accounts. If the fees are the same then the 403b is preferable for legal reasons. The money in the 403b cannot be taken away from you if the employer goes bankrupt. If your 457 is a government plan then ...
by cdu7
Fri Nov 01, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Should I actually buy a new car ? (Seat Belt Deployed)
Replies: 45
Views: 3281

Re: Should I actually buy a new car ? (Seat Belt Deployed)

If you care about safety of your child, don't drive (and don't own a pool). After 4 years old, cars are the number one cause of children deaths, before that it's drowning. I rarely drive my infant anywhere since we live in a walkable neighborhood on a car free street. As parents it is your responsi...
by cdu7
Sun Oct 27, 2019 8:08 pm
Forum: Personal Investments
Topic: I’m done with index funds
Replies: 201
Views: 20619

Re: I’m done with index funds

I find it interesting how when it comes to taxes people will go to exorbitant lengths to avoid, so much so that they end up actually losing more money than they would have paid to begin with. A mentor of mine many years ago, made a boat load of money (single digit millions in the early 80s) when his...
by cdu7
Sun Oct 27, 2019 7:49 pm
Forum: Personal Consumer Issues
Topic: Adventures in iPhoning [should I upgrade now?]
Replies: 14
Views: 1022

Re: Adventures in iPhoning [should I upgrade now?]

Thanks for all the advice everyone, I’ve decided to hold off upgrading for now; that said, the iPhone 11 is awesome in terms of the screen, speed, camera, and battery life. The only downside is that it is a bit cumbersome to hold for my taste. The number one reason I wanted it was that the battery l...
by cdu7
Sun Oct 27, 2019 6:44 am
Forum: Personal Consumer Issues
Topic: Adventures in iPhoning [should I upgrade now?]
Replies: 14
Views: 1022

Adventures in iPhoning [should I upgrade now?]

So after upgrading to IOS 13.1.3 my wife's iPhone 7 began to have major issues. It seemed like the actual hardware governing audio failed completely. She could no longer talk to people during phone calls, or play/record audio. It was weird. When we took it to the apple store they refused to do anyth...
by cdu7
Tue Oct 01, 2019 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Willingly going from lucrative job to unemployed?
Replies: 132
Views: 14126

Re: Willingly going from lucrative job to unemployed?

Honestly I don’t suggest giving up on work totally. Unless you have 4 million+ it isn’t safe long term. If you work 5-10 more years you could pull it off. That said, my wife and I were in a similar situation and I changed careers to become a teacher while she changed to a part time position in her t...
by cdu7
Sat Sep 28, 2019 2:45 pm
Forum: Personal Investments
Topic: 403(b) choices
Replies: 5
Views: 330

Re: 403(b) choices

I know a bit about Aspire: it is also open architecture having access to pretty much any fund including all vanguard admiral share funds of note. The fee is .15% per year for the account plus a small bookkeeping fee either $30 or $40 a year.
by cdu7
Sat Sep 28, 2019 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 shaking up savings accounts
Replies: 34
Views: 11588

Re: Capital One 360 shaking up savings accounts

Thanks for the heads up!
by cdu7
Sat Sep 28, 2019 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever had to deal with an "evil" co-worker?
Replies: 11
Views: 1471

Have you ever had to deal with an "evil" co-worker?

Have any of you ever encountered this in the workplace: a person who seems very nice at first glance, but after a while you realize that this person is going out of they way to damage other people in the workplace/office. Nothing that could be legally actionable mind you, but this person is definite...
by cdu7
Sat Sep 28, 2019 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3366

Re: Convince me not to raid my Roth to buy first condo

This is a terrible idea, save up more cash until you have enough for a down payment. That Roth IRA space is the most valuable retirement space you have; don't give it up for a condo!
by cdu7
Sat Sep 28, 2019 6:37 am
Forum: Investing - Theory, News & General
Topic: Index Funds are bad because in tough times traders sell a lot?
Replies: 30
Views: 2659

Re: Index Funds are bad because in tough times traders sell a lot?

"Holding any kind of STOCK is a bad idea, because people often sell them in tough times and the price will decline"

Fixed it for you.

That said, obviously this is a ridiculous argument.
by cdu7
Sat Sep 28, 2019 6:34 am
Forum: Personal Investments
Topic: 401k Rollover, how badly did I mess this one up?
Replies: 16
Views: 979

Re: 401k Rollover, how badly did I mess this one up?

I do not think an "in-kind" transfer from a 401k to a Rollover IRA is possible. It is always in cash. Even if the funds are Vanguard funds in the old 401k? Yes. The speed of the transfer is increased if the custodian of both 401k and IRA is the same, but otherwise it is always liquidation of 401k f...
by cdu7
Sat Sep 28, 2019 6:31 am
Forum: Personal Investments
Topic: 401k Rollover, how badly did I mess this one up?
Replies: 16
Views: 979

Re: 401k Rollover, how badly did I mess this one up?

I do not think an "in-kind" transfer from a 401k to a Rollover IRA is possible. It is always in cash. Even if the funds are Vanguard funds in the old 401k? My new 401k provider listed "in-kind" transfer as an option on it's intake forms, although my funds didn't exactly match what was available in ...
by cdu7
Sat Sep 28, 2019 6:30 am
Forum: Investing - Theory, News & General
Topic: How much cash do you keep in your HSA?
Replies: 63
Views: 4853

How much cash do you keep in your HSA?

I'm just wondering if anyone keeps some cash in their HSA for yearly reimbursement in addition to their investing portion and if so how much? I typically keep about $1500 in cash since I feel like this covers me for most reimbursement in any given year. Do some people just keep the bare minimum in c...
by cdu7
Sat Sep 28, 2019 6:25 am
Forum: Personal Investments
Topic: 401k Rollover, how badly did I mess this one up?
Replies: 16
Views: 979

Re: 401k Rollover, how badly did I mess this one up?

dogagility wrote:
Sat Sep 28, 2019 6:23 am
You didn't mess up. Assuming your investing time horizon is more than a few months, this will be but noise in the system.
I agree, but the more I think about it, the more I think I should have done an in-kind transfer to my Vanguard IRA, and just started a new 401k.
by cdu7
Sat Sep 28, 2019 6:10 am
Forum: Personal Investments
Topic: 401k Rollover, how badly did I mess this one up?
Replies: 16
Views: 979

401k Rollover, how badly did I mess this one up?

My 401k rollover hit right before the markets went up significantly and deposited just in time to see the markets turn back down..... I'm already down several percent since rolling over while losing all the gains during that time period. Should I just throw my hands up and say oh well there was noth...
by cdu7
Mon Sep 16, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 8683

Re: Oil price going to a $100-- time to change your asset allocation??

Wow, calm down, it isn’t nearly as bad as you are making it out to be. Oil will go up some, but this isn’t a panic it’s all going to hell moment by any means.
by cdu7
Mon Sep 16, 2019 9:39 am
Forum: Personal Investments
Topic: Average 401k rollover time (by direct check).
Replies: 6
Views: 424

Average 401k rollover time (by direct check).

In your experience how long does a typical 401k rollover take from the moment the check is mailed to the moment money deposits into the new 401k?
by cdu7
Thu Sep 05, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 37
Views: 1955

Re: Do you have disability insurance?

I definitely see the potential benefit of it, but I’ve never seen the need to go beyond the basic “free” work policies offered. Maybe I’m taking extra risk, but I’d rather put the premium cost to my own savings and “self insure” as it were.
by cdu7
Thu Sep 05, 2019 9:47 am
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

There's a difference between being frugal and cheap. One is viewed with respect, the other is viewed with disdain. THIS! To go by the quote you seem to live by: At 20: I cared what everyone thought about me | At 40: I didn't give a damn what anyone thought of me | Now that I'm 60: I realize that no...
by cdu7
Thu Sep 05, 2019 9:44 am
Forum: Personal Investments
Topic: Has the bond bubble finally arrived? If so, is anyone doing anything about it?
Replies: 97
Views: 11531

Re: Has the bond bubble finally arrived? If so, is anyone doing anything about it?

Hector wrote:
Wed Sep 04, 2019 10:11 pm
cdu7 wrote:
Wed Sep 04, 2019 9:38 pm
Oh my god, I'm dumping all my bonds now!

Just kidding, I wouldn't even pay attention to the bond markets. Stay the course.
What is stay the course in terms of bond?
Choose a bond fund you feel comfortable with over the long term and ignore it.
by cdu7
Wed Sep 04, 2019 9:38 pm
Forum: Personal Investments
Topic: Has the bond bubble finally arrived? If so, is anyone doing anything about it?
Replies: 97
Views: 11531

Re: Has the bond bubble finally arrived? If so, is anyone doing anything about it?

Oh my god, I'm dumping all my bonds now!

Just kidding, I wouldn't even pay attention to the bond markets. Stay the course.
by cdu7
Wed Sep 04, 2019 9:36 pm
Forum: Personal Investments
Topic: Middle Age people with low savings need to take on more investment risk than is normal?
Replies: 52
Views: 5975

Re: Middle Age people with low savings need to take on more investment risk than is normal?

I had a friend in a similar situation come to me for advice and I recommended they do a 80/20 allocation. It's not unreasonably risky, but leaves room for growth. Any allocation with higher bonds than that when she needs the growth is statistically more likely to fail. I mean ultimately it depends o...
by cdu7
Wed Sep 04, 2019 9:28 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

There's a difference between being frugal and cheap. One is viewed with respect, the other is viewed with disdain. THIS! To go by the quote you seem to live by: At 20: I cared what everyone thought about me | At 40: I didn't give a damn what anyone thought of me | Now that I'm 60: I realize that no...
by cdu7
Wed Sep 04, 2019 9:13 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

Don't cheap out here. From experience (carrier changed our itinerary..and seats late) on airline carriers where passengers choose seats before hand, they are most reluctant to trade. Fellow passengers on open seating carriers (e.g. Southwest) might be more understanding and accommodating because th...
by cdu7
Wed Sep 04, 2019 9:09 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

How about this: pay for two aisle seats so you can swap with other people in aisle or window seats next to the middle seats you will invariably get. Cheaper than paying to get everyone together and not as disruptive or disrespectful as it would be paying for none. Also: how does spouse feel about v...
by cdu7
Wed Sep 04, 2019 8:41 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

Like others, I disagree with this sentiment. If the airline allows for these tickets to be booked for passengers that cannot be seated alone, then the onus is on the airline to accommodate. No, it’s the responsibility of the parents to buy reserved seating if they want to sit next to their children...
by cdu7
Wed Sep 04, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

I definitely would not be offended if someone in this situation offered me $50 to switch seats (like it seems everybody else would be), but this is a perfect example of why it would have to be something extremely important for me to fly with my family. Flying is such a PITA doing alone, have no int...
by cdu7
Wed Sep 04, 2019 8:32 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

Here is another way to think about this. All you care about, apparently is $400. That's your problem. It's not all I care about, and it's not a problem. I have $400. I just think I would rather save the $400 and let the airline choose my seats in this case, and spend the $400 on other goods and ser...
by cdu7
Wed Sep 04, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

I definitely would not be offended if someone in this situation offered me $50 to switch seats (like it seems everybody else would be), but this is a perfect example of why it would have to be something extremely important for me to fly with my family. Flying is such a PITA doing alone, have no int...
by cdu7
Wed Sep 04, 2019 8:19 pm
Forum: Personal Consumer Issues
Topic: First-hand experiences with United Basic Economy for families?
Replies: 180
Views: 7768

Re: First-hand experiences with United Basic Economy for families?

I have flown United economy basic with my family on several occasions. Since I have the united mileage plus card we can check bags for free and it works on economy basic tickets, so you essentially are insane not to pick them. Here is a secret about economy basic, many times you will get assigned an...
by cdu7
Thu Aug 29, 2019 4:44 pm
Forum: Personal Investments
Topic: Moved 403b to Cash in anticipation of rollover, right move?
Replies: 5
Views: 325

Re: Moved 403b to Cash in anticipation of rollover, right move?

Well, looks like I should have waited until today :oops:

Oh well, I’m happy with the value and it will be rolled over soon enough.
by cdu7
Thu Aug 29, 2019 7:19 am
Forum: Personal Investments
Topic: Moved 403b to Cash in anticipation of rollover, right move?
Replies: 5
Views: 325

Moved 403b to Cash in anticipation of rollover, right move?

I intend on rolling over my 403b into my new employer’s plan very shortly. I became so worried at the thought of selling on a terrible market day that I moved everything into a money market yesterday (as the markets were up). Obviously I can’t control when my new plan buys back in, but at least I kn...
by cdu7
Fri Jul 26, 2019 7:49 am
Forum: Personal Consumer Issues
Topic: Thank you notes,,, out of favor these days?
Replies: 107
Views: 6385

Re: Thank you notes,,, out of favor these days?

Gratitude never goes out of favor....heaven help us! The problem is that most of the time these notes are done out of a sense of social obligation and not true gratitude. As a kid I always wrote thank you notes to that one aunt who I knew would get offended; the people I’m closest to would never ca...
by cdu7
Fri Jul 26, 2019 7:44 am
Forum: Personal Consumer Issues
Topic: Thank you notes,,, out of favor these days?
Replies: 107
Views: 6385

Re: Thank you notes,,, out of favor these days?

My issue is limited to the social expectation of a slip of paper physically delivered and to people who get upset about responses (or lack thereof) to gifts. If I give a gift, it comes with zero expectations whatsoever because it is a GIFT, not a payment in kind. This thread began with a question a...
by cdu7
Fri Jul 26, 2019 7:35 am
Forum: Personal Consumer Issues
Topic: Thank you notes,,, out of favor these days?
Replies: 107
Views: 6385

Re: Thank you notes,,, out of favor these days?

We sent thank you notes after our wedding, but all the invitations and notes etc were digital not paper. Actually come to think of it we did mail thank you notes for certain guests that had helped out tremendously with our wedding. The average attendee got a digital thank you note, since we were tak...
by cdu7
Sun Jul 07, 2019 8:46 am
Forum: Personal Consumer Issues
Topic: Buy a refrigerator at Sears?
Replies: 37
Views: 3099

Re: Buy a refrigerator at Sears?

Sears is dead, buying from them at this point makes no sense whatsoever. Just go to Lowe’s / Home Depot / anywhere else
by cdu7
Sat Jul 06, 2019 7:14 pm
Forum: Personal Investments
Topic: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?
Replies: 111
Views: 7635

Re: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?

Look at the Callan Table of Returns. Imagine, at any one time, if one could have predicted what sector would be dominant the following years or years. Or, project into the future based on the historical data given there. This is the Callan Table Of Investment Returns (Forum Wiki) https://www.bogleh...
by cdu7
Fri Jul 05, 2019 7:41 pm
Forum: Personal Investments
Topic: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?
Replies: 111
Views: 7635

Re: Invest $2-3M now and how? Index vs self made stock portfolio? How's my Portfolio?

My father also was very successful in his personal fortunes. He also acquired a large portfolio of individual stocks using a dividend growth strategy that sounds great. He has also underperformed the market for decades and will continue to do so stubbornly for as long as he lives. It is his choice t...
by cdu7
Fri Jul 05, 2019 7:04 am
Forum: Personal Investments
Topic: Teacher Looking To Stop 403b Contributions
Replies: 46
Views: 3120

Re: Teacher Looking To Stop 403b Contributions

surfstar wrote:
Tue Jul 02, 2019 3:03 pm
What kind of financial advisor tells you to pay more in taxes (brokerage vs 403b)?
The kind who gets a percentage of that brokerage account. :twisted:
by cdu7
Fri Jul 05, 2019 6:30 am
Forum: Personal Consumer Issues
Topic: What to let kids buy?
Replies: 50
Views: 4370

Re: What to let kids buy?

I see both sides of the argument in terms of letting them do whatever they want vs. placing some restrictions. To my mind any restrictions placed would have to center around whether the item negatively impacts the rest of the household (I.e. they are buying a bullhorn to cause mischief). I would att...
by cdu7
Thu Jul 04, 2019 1:24 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

Jiffy Lube charged me $60 to change my oil and filter. I could have done it myself for $15. Did I get ripped off?? No, because I agreed to their service AND fee in advance. I would rather sit in their air-conditioned waiting room for 30 minutes instead of laying under my truck for an hour. I don’t ...
by cdu7
Thu Jul 04, 2019 6:27 am
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

Jiffy Lube charged me $60 to change my oil and filter. I could have done it myself for $15. Did I get ripped off?? No, because I agreed to their service AND fee in advance. I would rather sit in their air-conditioned waiting room for 30 minutes instead of laying under my truck for an hour. I don’t ...
by cdu7
Wed Jul 03, 2019 10:34 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

Jiffy Lube charged me $60 to change my oil and filter. I could have done it myself for $15. Did I get ripped off?? No, because I agreed to their service AND fee in advance. I would rather sit in their air-conditioned waiting room for 30 minutes instead of laying under my truck for an hour. I don’t ...
by cdu7
Wed Jul 03, 2019 10:05 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

For all the naysayers saying my dad wasn’t ripped off, he really was. He called this company because he used them for years and trusted them, they had been fair to him in the past. He even has a yearly service contract with them. When I said 200, I meant the cost of labor, not the part, sorry for no...
by cdu7
Wed Jul 03, 2019 9:52 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

Is there anything I can do now other than warn them to shop around in the future? Clearly they should call you for any appliance issues in the future. Sounds like you can do the work quicker and cheaper than anyone they could hire. Did your parents ask for your help? They didn’t and I live out of t...
by cdu7
Wed Jul 03, 2019 9:51 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

My dad called 4 other plumbers who quoted him way lower prices. He became quite angry and called the company demanding a partial refund (he has been doing a lot of business with them over the past 7 years). His complaint was escalated all the way to an owner of the company and they had a 15 min conv...
by cdu7
Tue Jul 02, 2019 11:14 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Parents got ripped off, what can I do about it?

I just arrived home for the 4th of July holidays to discover that my parents just yesterday paid 580 dollars to have their garbage disposal replaced. The replacement part used was lower quality and this was a job I could have done myself for them in 30 minutes. Plumbers are expensive, but the max I’...
by cdu7
Sun May 26, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: No more print Money magazine
Replies: 109
Views: 15769

Re: No more print Money magazine

Wait, what’s a magazine again?