Search found 31 matches

by Fintechnick
Thu Jul 04, 2019 2:58 pm
Forum: Personal Investments
Topic: the vangurd advisor sent to me
Replies: 8
Views: 1753

Re: the vangurd advisor sent to me

Those are all fine funds. They will work. But, it does sound a little more complicated than need be. If it were me I’d stick with Total Bond and Total International Bond on this list. There are two categories of bond funds they DIDN’T recommend, which you should also consider. They are: Muni bonds =...
by Fintechnick
Tue Jun 25, 2019 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Universal Life Insurance Policy
Replies: 10
Views: 772

Re: Help with Universal Life Insurance Policy

You can get a market test on this. Get a a few quotes on selling the policy from a viatical settlement company.
by Fintechnick
Tue Jun 25, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Universal Life Insurance Policy
Replies: 10
Views: 772

Re: Help with Universal Life Insurance Policy

Hi there Trader Joe, I don't agree with the suggestions made so far. Here is how I see it: Cash it out right now: NPV $36k Do nothing -- and your father passes in next approx. ten years: NPV somewhere between $175k (if he passes tomorrow) and $130k (if he passes ten years from now). I'm assuming dea...
by Fintechnick
Sat Jun 08, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: iPad for notetaking with stylus
Replies: 10
Views: 782

Re: iPad for notetaking with stylus

Check out Notability or GoodNotes
by Fintechnick
Fri May 24, 2019 10:25 am
Forum: Personal Investments
Topic: Investment Planning Help to Retire Early - Family of 4 in CA
Replies: 13
Views: 2254

Re: Investment Planning Help to Retire Early - Family of 4 in CA

Hi there, You’re in a good position in total. Hi income, manageable mortgage, a sizeable portfolio. The portfolio is not as optimized as it could be. Here are some changes to learn about and make, in order of priority: 1. You have way too much exposure to employer stock leading to significant concen...
by Fintechnick
Tue May 14, 2019 1:31 pm
Forum: Personal Consumer Issues
Topic: Police and Troopers fund.
Replies: 77
Views: 3339

Re: Police and Troopers fund.

If it’s a legit charity, the magic words are “Please put me on your Do Not Call list.” Any legit fund raising operation that hears these words from you, will know that you mean business (because if they don’t, they are exposing themselves to very expensive lawsuits). However, they will take anything...
by Fintechnick
Thu May 09, 2019 10:14 pm
Forum: Personal Investments
Topic: Best low-balance custodial Roth IRA for kids?
Replies: 10
Views: 735

Re: Best low-balance custodial Roth IRA for kids?

We opened a Roth with Vanguard for my teenage son when he got his first part time job last summer (age 14). The Flagship rep was extremely helpful to get it all going. It’s easier to manage as we have everything else at Vanguard. I didn’t want another insitution just for this account. It’s going to ...
by Fintechnick
Sat Apr 27, 2019 12:12 am
Forum: Personal Consumer Issues
Topic: replacement for Airport Express for music
Replies: 19
Views: 1136

Re: replacement for Airport Express for music

The most recent generation (ca. 2012 introduction) of Airport Express works wonderfully for music. I have three of them around the house. If you haven’t already done so, then you should install the firmware update that was released about a year ago, which added support for the Airplay 2 protocol. Th...
by Fintechnick
Mon Feb 18, 2019 7:47 pm
Forum: Personal Consumer Issues
Topic: Best PAID music streaming service?
Replies: 69
Views: 4507

Re: Best PAID music streaming service?

Apple Music has a very nice "Tunes Match" service, for $25 a year. You sign up for it, and then it will take all of the CD's you've ripped, and "Match" them to its catalog. If it finds a match, then it will use it's server version for you (so 256 mps AAC). If it doesn't find a match (maybe because i...
by Fintechnick
Sat Feb 16, 2019 7:52 pm
Forum: Personal Consumer Issues
Topic: send in driver's license photo for new Capital One credit card
Replies: 42
Views: 4079

Re: send in driver's license photo for new Capital One credit card

Financial institutions have a regulatory requirement to ensure they verify identity for any new account. You’ll hear this called “KYC” (know your customer” or “CIP” (Customer Identify Program) in the industry. They require this for a new account even if you already have other accounts with the insti...
by Fintechnick
Thu Jan 10, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: Techies: Advice on How to Transfer Data/Files from Old Mac to New Mac
Replies: 22
Views: 1447

Re: Techies: Advice on How to Transfer Data/Files from Old Mac to New Mac

You do have an external hard drive for the old machine for back-up purposes, right? If not, step one is to purchase an inexpensive external drive. You’ll want it for back-up for the new machine anyways. Use the external drive to make a back-up of the old machine using the Time Machine app (built-in ...
by Fintechnick
Fri Dec 07, 2018 9:08 pm
Forum: Personal Consumer Issues
Topic: iPad Pro vs Microsoft Surface
Replies: 15
Views: 1761

Re: iPad Pro vs Microsoft Surface

Longtime iPad Pro user here (in addition to Mac). I just upgraded to the new 2018 iPad Pro. For the uses you described (photography, drawing, email, browsing, reading), it's great. For photography I gave up on Lightroom quite a while ago and moved to Apple Photos. There is a nice universe of plug-in...
by Fintechnick
Mon Sep 17, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: Smart Home / IoT Light Bulbs - Philips Hue, LIFX
Replies: 10
Views: 1020

Re: Smart Home / IoT Light Bulbs - Philips Hue, LIFX

To my way of thinking, the HUE bulbs (and other smart bulbs) are a failed design. Here’s the problem: You have to leave the light switches turned on all the time and only use your smartphone to turn on the bulbs. That’s a complete fail. A basic principle of effective home automation is that the auto...
by Fintechnick
Sat Aug 18, 2018 11:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Switch to Brokerage Accounts
Replies: 60
Views: 10020

Re: Vanguard Switch to Brokerage Accounts

I like the new brokerage accounts. Allows a wee bit more simplification. I have personally found no downside. And tax time is easier. Direct deposit? It is easy enough to set up a recurring transfer from my bank account. That provides the same functionality as direct deposit with more control and fl...
by Fintechnick
Sat Aug 11, 2018 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 7802

Re: Private Banking is a trap. Don't do it!

The magic words to make it stop are “do not call list.” Next time they call, politely ask them to put you on the “do not call list.” Bank compliance officers spend a lot of time worrying about failures to comply with do not call requests, because the litigation risk can be very high if they mess it ...
by Fintechnick
Mon Aug 06, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Career Transition after Military
Replies: 13
Views: 1372

Re: Career Transition after Military

Hi Flyfishguy, If you haven't already, I'd recommend you check out the "analyst" programs at the major investment banks and management consultancies. My observation is that those kinds of employers, on the one hand, are great entry points for a financial services career, and on the other hand, recog...
by Fintechnick
Sun Jul 08, 2018 7:33 am
Forum: Personal Investments
Topic: Diversifying Employee Stock Options when options > 4x portfolio
Replies: 8
Views: 805

Re: Diversifying Employee Stock Options when options > 4x portfolio

Your options are far in the money, and present a large single-stock concentration, so you should definitely diversify. That said, I’d argue that your options aren’t (yet) worth as much as you think. The tax bit on employee stock options can be high (because the profits when you exercise are taxed as...
by Fintechnick
Fri Jun 22, 2018 10:04 am
Forum: Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 2762

Re: Is a Donor Advised Fund worth it? (Strategy)

We use a donor advised fund (from Vanguard). It has several benefits that, for me, are appealing. 1. It is very easy to make donations using appreciated securities instead of cash. Some charities are also set up to do this, but typically with more administrative work, and only for larger donations. ...
by Fintechnick
Sun Jun 17, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: iPad Pro 12.9": Replacement for Laptop?
Replies: 47
Views: 4713

Re: iPad Pro 12.9": Replacement for Laptop?

I think iPad Pro 12.9” is great. For me, ideal combination for personal use is: - Desktop setup at home. Currently a MacBook plugged into monitor and speakers; formerly a Mac Mini. Would love to get an updated Mac Mini if it is ever produced. - iPad Pro as the “movable” computer. I have a Logitech k...
by Fintechnick
Mon Apr 16, 2018 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bargaining with Lenders--whom do I choose?
Replies: 8
Views: 1561

Re: Bargaining with Lenders--whom do I choose?

My experience with purchase money mortgages is that it pays to go with a lender that is active lending in your local market, for the type of property you intend to purchase. I've had bad luck dealing with "internet" mortgage lenders, out of state lenders, etc. for purchase money, especially in trick...
by Fintechnick
Sun Apr 08, 2018 11:49 am
Forum: Personal Investments
Topic: Max out 401k or pay off mortgage?
Replies: 18
Views: 3675

Re: Max out 401k or pay off mortgage?

If you are planning to move soon, and it's to a higher cost-of-living area, then you should prioritize taxable savings. Don't worry right now about pre-paying the existing mortgage (it's a pretty small mortgage given your earnings anyways). Contribute enough to 401k to receive match. Everything else...
by Fintechnick
Sun Mar 11, 2018 10:22 am
Forum: Personal Investments
Topic: How to treat life insurance money in asset allocation?
Replies: 4
Views: 723

Re: How to treat life insurance money in asset allocation?

Hmm. It sounds like the future payout date is known and fixed, as is the payout amount. If it were me, I would probably treat it as a fixed income investment. You could think of it as a zero-coupon bond which happens to not have any secondary market liquidity (meaning, you are stuck with holding it ...
by Fintechnick
Thu Jan 11, 2018 10:46 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 46
Views: 3864

Re: Keeping sensitive documents in the cloud -- bad idea?

I use Tresorit for this purpose. The technology is truly excellent. Full end-to-end encryption on the cloud side yet completely transparent to the user on the device side. Excellent Mac, IOS, Windows apps. They market primarily to businesses, but if you poke around they have an individual user optio...
by Fintechnick
Fri Nov 24, 2017 6:32 pm
Forum: Personal Consumer Issues
Topic: Apple people: Office 365 or Apple's stuff?
Replies: 14
Views: 1500

Re: Apple people: Office 365 or Apple's stuff?

“Apple’s Stuf” (Mail, Pages, KeyNote, Numbers) are very good, though they are slightly different products than the Microsoft Office ones and to get the most out of them you’ll need to invest a little bit of learning time. The integration across Apple devices is really excellent, much better than Off...
by Fintechnick
Tue Nov 07, 2017 10:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's new security key option
Replies: 120
Views: 35609

Re: Vanguard's new security key option

For SMS-based 2FA, the weakness is not your phone, but the carrier. Attackers can (and have) foiled SMS based 2FA by doing the following: - Calling up the wireless carrier and pretending to be the account holder - Claiming need to replace SIM / device - Deactivating current (your) device - Replacing...
by Fintechnick
Thu Nov 02, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Limit Owner Use of Rental Home to Two Weeks?
Replies: 23
Views: 4295

Re: Limit Owner Use of Rental Home to Two Weeks?

The “14 day limit” only applies if your vacation rental business qualifies as a schedule E business. Not a Schedule C business. What’s the difference? It’s average length of stay. If your average guest length of stay is 7 days or less, the IRS considers your business a hospitality type business and ...
by Fintechnick
Thu Aug 24, 2017 10:36 pm
Forum: Personal Consumer Issues
Topic: Miles Davis: Kind of Blue - Question for Jazz experts
Replies: 49
Views: 4646

Re: Miles Davis: Kind of Blue - Question for Jazz experts

The 1970+ Miles Davis albums go in a completely different creative direction. All electronica. You might like it and you might not but it's definitely worth listening to them if nothing else you'll stretch your horizons. For something more similar to Kind of Blue, try some other of the masterworks f...
by Fintechnick
Sun Jun 11, 2017 12:05 pm
Forum: Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4487

Re: Has anyone had problems gifting Vanguard shares to an organization?

I have done charitable transfers of stocks from Vanguard brokerage with no problems (though have never tried it with mutual funds). That said -- I have found that using a donor advised fund is a much easier approach all-around. We use the Vanguard Donor Advised Fund, it's worked really well and like...
by Fintechnick
Tue May 23, 2017 11:31 pm
Forum: Personal Investments
Topic: How to Invest Church Money
Replies: 54
Views: 8347

Re: How to Invest Church Money

Some observations on what I've seen work well: 1. Ignore the noise from folks saying "why should a church have any reserves or savings." That's clearly illogical. FIrst of all, savings and endowments are a really critical buffer for income shocks (lose major donor / major recession / lose popular re...
by Fintechnick
Thu May 11, 2017 11:15 pm
Forum: Personal Investments
Topic: Buying vacation home
Replies: 29
Views: 5129

Re: Buying vacation home

We have had a second home in ski country for nearly a decade. In total it has been a wash at best financially, but a home run from family and personal perspective. No regrets, the memories and deepened family connections are priceless. We spend 4 to 6 weeks a year there, between summer and winter. I...
by Fintechnick
Fri Mar 17, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 83741

Re: Quicken's future direction - a cause for concern

Hi All, I respect that this forum is full of people that hate spending money. What else would one expect from committed Bogleheads? That said -- I have watched what has happened to Quicken over the years, and am THRILLED with the idea of Quicken switching to a subscription model, which would involve...