Search found 2185 matches

by sailaway
Wed Sep 23, 2020 3:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20215
Views: 2757330

Re: U.S. stocks in free fall

newyorker wrote: Wed Sep 23, 2020 3:39 pm Today was a bloodbath
It's not a bloodbath until the stoppers kick in!

Until then, it's just a scratch.
by sailaway
Wed Sep 23, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: donating effectively to avoid fees?
Replies: 6
Views: 315

Re: donating effectively to avoid fees?

The advertisers won't let you say "to lessen the impact of..." I was once on a committee and the chair insisted that we had to raise money to end boating deaths, else answer the question of how many are acceptable. Childhood hunger and malnutrition are significantly reduced. To the OP, I use a cc th...
by sailaway
Wed Sep 23, 2020 1:37 pm
Forum: Personal Consumer Issues
Topic: Financing Truck for Father, ? regarding Insurance
Replies: 11
Views: 507

Re: Financing Truck for Father, ? regarding Insurance

All sounds good to me. I'll just add him as a driver for my insurance. Hopefully, his being added as a driver won't affect the underlying rates on the cars we actually drive. If he doesn't actually live with you, read the fine print. Auto policies are often sold by household and you may need a spec...
by sailaway
Wed Sep 23, 2020 1:14 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20215
Views: 2757330

Re: U.S. stocks in free fall

dvvader wrote: Wed Sep 23, 2020 1:11 pm Down more than 1% and only 3 new posts in this thread today?! Bogleheads are slacking!
Sometimes, you just sit back and enjoy the ride.
by sailaway
Wed Sep 23, 2020 12:58 pm
Forum: Personal Investments
Topic: Roth IRA
Replies: 8
Views: 501

Re: ROTh IRA

No, I no longer buy individual stocks at all.
by sailaway
Wed Sep 23, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 236
Views: 13899

Re: Is Costco worth the $120 membership?

I’m anxiously awaiting the opening of a Costco in my area next month. I’ve been a Sam’s Club member for 10 years, but I’ve already signed up for the executive membership and credit card with Costco (came out to $20 after ‘rebates’). Here is my biggest concern. Sam’s Club has a Scan & Go feature on ...
by sailaway
Tue Sep 22, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: The Magic Number; Rule of 25; 4%; etc.
Replies: 46
Views: 2734

Re: The Magic Number; Rule of 25; 4%; etc.

The categories aren't the issue, it is how much you put in each category. Do you actually buy two new cars every five years? If so, then yes, that is what you need to budget for. In my experience, most people can drive into their 80s. I even know a 90yo I am comfortable riding with. If you have reas...
by sailaway
Tue Sep 22, 2020 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 654
Views: 159550

Re: Bank of America/Merrill Edge - Preferred Rewards

I am an authorized user on DH's credit cards. I cannot see any details when I use my login to access our joint checking. I have to get him to login to change categories.
by sailaway
Mon Sep 21, 2020 8:18 pm
Forum: Personal Consumer Issues
Topic: Why is there no national dialogue on proper nutrition?
Replies: 7
Views: 619

Re: Why is there no national dialogue on proper nutrition?

Unfortunately, this is a known political topic. How it became political, I have no idea.
by sailaway
Mon Sep 21, 2020 8:16 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 108
Views: 5601

Re: Why buy medical insurance ?

My parents spent an inordinate amount of time in hospitals in their 50s. My mother has no gall bladder, appendix or uterus, plus she had severe flu a couple of times (maybe only once in her 50s?) My father has fused discs and had some weirdo thyroid problem that resolved itself before they could sch...
by sailaway
Mon Sep 21, 2020 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Ex-husband and survivors benefits
Replies: 15
Views: 1352

Re: Ex-husband and survivors benefits

Mlm wrote: Mon Sep 21, 2020 6:22 pm
How would the legal representative obtain a death certificate for someone who died overseas?
This sounds like a quagmire. Take good care of yourself.

The details would depend on the country, so your first point of contact should be that country's consulate in the US.
by sailaway
Mon Sep 21, 2020 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce - Need Help, California
Replies: 40
Views: 3954

Re: Divorce - Need Help, California

If the financial disagreement part of this has to do with the allocation of stock and bond funds, your dw needs someonebqualified and compassionate to explain what your thinking was, and to encourage her to take this opportunity to take responsibility for her own retirrment planning. Only a Boglehe...
by sailaway
Mon Sep 21, 2020 6:00 pm
Forum: Investing - Theory, News & General
Topic: Cash that's been on sidelines for 2-3 months
Replies: 9
Views: 1524

Re: Cash that's been on sidelines for 2-3 months

I do not understand why people say "I know you can't time the market" when asking questions about timing the market.

If you want to time the market, own up to it. Don't spout nonsense about not timing the market while sitting on the sidelines trying to time the market.
by sailaway
Mon Sep 21, 2020 2:29 pm
Forum: Personal Consumer Issues
Topic: For those over 63 and who fish from a kayak
Replies: 11
Views: 1424

Re: For those over 63 and who fish from a kayak

Hobie Mirage series. Foot peddle kayaks. Hard or inflatable. This way you don’t have to stop fishing and put down or pick up a paddle. Hobies also tend to be more stable than the competitors. Most, if not all, now have seats that lift you an inch or two off the surface, so you aren't sitting in any...
by sailaway
Mon Sep 21, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: How to discuss with HR that I live in multiple places...
Replies: 21
Views: 2687

Re: How to discuss with HR that I live in multiple places...

What is the legal residence you use for taxes, DL, voting registration, etc?
by sailaway
Mon Sep 21, 2020 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce - Need Help, California
Replies: 40
Views: 3954

Re: Divorce - Need Help, California

In CA, the best way to keep divorce costs down is usually to use mediation. In your case, where trust seems to be an issue, a collaborative divorce may be a better option. It is basically mediation, with individual representation. https://www.courts.ca.gov/1226.htm?rdeLocaleAttr=en The retirement ac...
by sailaway
Mon Sep 21, 2020 12:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20215
Views: 2757330

Re: U.S. stocks in free fall

vwgrrc wrote: Mon Sep 21, 2020 12:47 pm
flyingaway wrote: Mon Sep 21, 2020 12:37 pm What is the main reason for today's market drop?
I did "buy-the-dip" last week :happy
We rolled over the year's mega backdoor last week, so that probably helped, too.
by sailaway
Mon Sep 21, 2020 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20215
Views: 2757330

Re: U.S. stocks in free fall

vwgrrc wrote: Mon Sep 21, 2020 10:44 am Some please please tech me how to convince myself NOT to buy-the-dip :oops:
Practical: invest all your money as it comes in, then you don't have anything to buy the dip with.

Potentially more fun: spend all your money...
by sailaway
Sat Sep 19, 2020 9:55 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 236
Views: 13899

Re: Is Costco worth the $120 membership?

What percentage of these discussions of the utilty of paying $60 or $120 per YEAR for ANYTHING are necessary? My opinion is 0% but the mods keep allowing them so I must be in the minority. Why pay for anything you aren't getting utility from? I also cancelled Disney+ because we weren't watching it ...
by sailaway
Sat Sep 19, 2020 4:33 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 236
Views: 13899

Re: Is Costco worth the $120 membership?

For that $120 Executive membership to be worthwhile you have to spend at least $6,000/year. The math is actually $3,000 and change, the ~$60 difference between the basic and executive. That's true for an upgrade DIFFERENCE and that's the sales pitch the Costco people uses to get you to upgrade. But...
by sailaway
Sat Sep 19, 2020 1:35 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 236
Views: 13899

Re: Is Costco worth the $120 membership?

The default membership is $60, the executive is $120, so if shopping at Costco is worth it for you, the next question is, do you spend enough to get at least $60 back. We generally get back 60 something, which basically means we break even. The 2% does not apply to gas, I can't find a solid answer o...
by sailaway
Sat Sep 19, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate savings rate???
Replies: 9
Views: 654

Re: How to calculate savings rate???

Saving rate isn't particularly useful, and so there is no standard answer. So, do as you please, just be consistent.

We actually look at a 3 way ratio: savings/spending/income taxes

This leaves a payroll tax gap, but satisfies our curiosity.
by sailaway
Sat Sep 19, 2020 3:15 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 19696

Re: Preparing for retirement in mid 30s

I question whether a food budget can be halved by simply moving to a LCOL? I don’t think it can. Cost of food isn’t materially different from one place to another, unless you’re talking about a lifestyle change (I.e. no longer going out to eat, etc). But again that’s more about your ability/desire ...
by sailaway
Fri Sep 18, 2020 4:24 pm
Forum: Personal Investments
Topic: Strategies for scenarios when using taxable with no EF
Replies: 32
Views: 2184

Re: Strategies for scenarios when using taxable with no EF

Our cash flow account ebbs and flows. We load it up with the annual bonus and drain it down throughout the year. If we need more, we sell out of the brokerage account.
by sailaway
Fri Sep 18, 2020 4:14 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5788

Re: Ring for a new girlfriend

I started to date a new girlfriend (mid 30s) in the beginning of the year. Looking to buy her a nice looking ring (it's not for engagement/wedding) but I have 0 clue what brands are popular now. Do people shop online for such stuff nowadays? Budget wise $1000-1500 I guess :annoyed Can’t go wrong wi...
by sailaway
Fri Sep 18, 2020 4:00 pm
Forum: Personal Consumer Issues
Topic: Cost of Goods in House?
Replies: 17
Views: 1782

Re: Cost of Goods in House?

We spent ~$5k on: 1 large sofa (rest of living room is open for yoga) 1 dining room table with 6 chairs (smallest table you could consider putting 6 chairs at) 1 bed w/ mattress and sheets 1 desk, 1 end table, 1 couch table from Big Lots 1 shelf Various and sundry kitchen goods and waste baskets The...
by sailaway
Fri Sep 18, 2020 3:40 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5788

Re: Ring for a new girlfriend

What does she like? What brands are her current rings? Is she trendy or would she prefer something more personal rather than trendy?
by sailaway
Fri Sep 18, 2020 1:50 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4709

Re: Pretending to enjoy sports for business/social reasons

I don't keep up at all beyond what I overhear. But, I have been the one to convince people to join us with the free tickets because the sports ball is the least interesting part of being at the stadium.
by sailaway
Fri Sep 18, 2020 1:04 pm
Forum: Personal Consumer Issues
Topic: Toddler Education
Replies: 44
Views: 2158

Re: Toddler Education

Thanks @Sailaway for interesting ideas. One question on reading. My toddler doesn't sit at one place while reading...she is continuously running or doing some other activities. So do you continue reading story book when she does that?. If it isn't already a habit, it is going to take time. I would ...
by sailaway
Fri Sep 18, 2020 12:40 pm
Forum: Investing - Theory, News & General
Topic: what percent of retirement should be invested in tax deferred vs tax free accounts?
Replies: 39
Views: 3164

Re: what percent of retirement should be invested in tax deferred vs tax free accounts?

With the "all things equal", I intentionally omitted a detail: Sure, $5000 in a Roth is more than $5000 in a Traditional. The astute person would note that $5000 in a Roth equal $7000 in a Traditional. (Technically, it's $6,849.31 at a 37% tax rate, but I digress....) So in theory, you could contri...
by sailaway
Fri Sep 18, 2020 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20215
Views: 2757330

Re: U.S. stocks in free fall

Waiting for Forester to chime in. Well, I predict with absolute certainty that the markets will move one way or another, or possibly not at all And I have put in an order for a mutual fund, just because the funds cleared into the account and the mutual fund was what I was planning to buy, but hey, ...
by sailaway
Fri Sep 18, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: Toddler Education
Replies: 44
Views: 2158

Re: Toddler Education

Toddlers are learning any time they are exposed to something new, which they consider "new" even if they find it in a different context. They also like routines and repetition. It isn't just for Frozen, they also like the same book, the same song, far more than the average adult can tolerate. My per...
by sailaway
Fri Sep 18, 2020 11:42 am
Forum: Personal Investments
Topic: Are employer contributions/matches to Solo Roth 401(k) deductible?
Replies: 12
Views: 471

Re: Are employer contributions/matches to Solo Roth 401(k) deductible?

jomama341 wrote: Fri Sep 18, 2020 11:32 am Okay that makes more sense, thanks. So, in theory, I'd be able to contribute up to an additional $37,500 of pre-tax employer matches?
In addition to the absolute limit, you are limited to 25% of earnings/compensation, but yes, your math is right regarding the absolute limits.
by sailaway
Fri Sep 18, 2020 10:29 am
Forum: Investing - Theory, News & General
Topic: what percent of retirement should be invested in tax deferred vs tax free accounts?
Replies: 39
Views: 3164

Re: what percent of retirement should be invested in tax deferred vs tax free accounts?

Your focus on the taxable vs non-taxable/tax deferred leads to at least 2 ways to view it. If comparing non-taxable to tax deferred, non-taxable lets you effectively contribute more (because it's post tax). If comparing taxable to non-taxable, non-taxable is obviously preferable and both are post t...
by sailaway
Thu Sep 17, 2020 8:37 pm
Forum: Personal Consumer Issues
Topic: Suggestions on how to spend $300 work exercise equipment credit
Replies: 14
Views: 1050

Re: Suggestions on how to spend $300 work exercise equipment credit

What do you like to do?

Is there a fitness tracker you would like?

Do you own a bike?
by sailaway
Thu Sep 17, 2020 8:22 pm
Forum: Personal Consumer Issues
Topic: Kids back to On Campus School - Would you ?
Replies: 46
Views: 1926

Re: Kids back to On Campus School - Would you ?

San Diego county is likely to move back to purple next week, so this may become moot. And the Labor Day fall out of being the only county open hasn't even started yet. However, if you are in the district I think you are in, so far community spread has not been much of an issue and I don't think I wo...
by sailaway
Thu Sep 17, 2020 6:22 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1000

Re: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

The "flaw" is thinking your retirement accounts are untouchable when you just need to rebalance as needed to keep your funds tax efficient. As you get closer to qualified age, that "untouchability" becomes more and more meaningless. It is always your money. For example if I need 10k, I sell 10k tax...
by sailaway
Thu Sep 17, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable
Replies: 20
Views: 1000

Re: Asset Allocation Across Accounts- Age and Taxable vs Non-Taxable

The "flaw" is thinking your retirement accounts are untouchable when you just need to rebalance as needed to keep your funds tax efficient. As you get closer to qualified age, that "untouchability" becomes more and more meaningless. It is always your money. For example if I need 10k, I sell 10k tax...
by sailaway
Thu Sep 17, 2020 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 19696

Re: Preparing for retirement in mid 30s

People get so easily distracted between a feasible plan on general principles and a plan that they could personally thrive on.

In this case, the OP has not given any indication that they know what a $45k budget looks like for their family, but there are certainly other families thriving on that.
by sailaway
Thu Sep 17, 2020 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Condo rich vs house poor?
Replies: 56
Views: 4986

Re: Condo rich vs house poor?

It sounds like you are in that place where the best advice is to figure out what you and your wife can agree on. To do so, you might consider some alternatives: -a slightly bigger condo/townhome -bunks or lofts as the kids grow -creative use of the space you have. What can be divided or combined to ...
by sailaway
Thu Sep 17, 2020 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 19696

Re: Preparing for retirement in mid 30s

"Do you see any big problems with our plan?" YES, THIS > "we cannot fail." ANY plan has to be able to fail. Don't worry, if they are wrong about their budget they will just eat rice and beans! The numbers work. The more questions the OP answers, the less plausible it seems that this will work for t...
by sailaway
Wed Sep 16, 2020 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 19696

Re: Preparing for retirement in mid 30s

My only recommendation would be to buy a small house in cash to limit risk of rent increases. You can easily have a 3/2 1500 sqft for $150,000 in the Midwest/South. Yes, I am seriously considering this. It will require working several more years, but it means my family will not be beholden to landl...
by sailaway
Wed Sep 16, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Front load years 401k contributions when moving from high tax state to no tax state?
Replies: 16
Views: 1011

Re: Front load years 401k contributions when moving from high tax state to no tax state?

It would depend on other factors as well. If you are moving to a new employer, how do the matches compare?
by sailaway
Wed Sep 16, 2020 10:13 am
Forum: Personal Consumer Issues
Topic: when you say 'rent forever'
Replies: 28
Views: 4057

Re: when you say 'rent forever'

The one year lease that defaults to month to month always seemed ideal to me, but is not the standard everywhere. Your ideal length depends on your situation. We have a two year lease in a state where they can charge us until the place is rented. We are in a financial position, where would be one of...
by sailaway
Wed Sep 16, 2020 10:05 am
Forum: Personal Investments
Topic: splitting investments between accounts
Replies: 17
Views: 1450

Re: splitting investments between accounts

That is interesting. At Fidelity and E-Trade, I have account types by tax status, so that only the taxable account is labelled as a brokerage account. Why does Vanguard use a different system of categorization? It is irrelevant if an account has the word "brokerage" in it's title or not. That does ...
by sailaway
Wed Sep 16, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Discretionary spending strategy
Replies: 21
Views: 1732

Re: Discretionary spending strategy

We spend when we want because we know we don't want much. We have actually had conversations about what spending would make us happier and the only answer we came up with was more travel. It is going to be awhile before that happens, but we did each get high quality noise cancelling headphones becau...
by sailaway
Tue Sep 15, 2020 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Payable on Death (POD/TOD) for short term accounts
Replies: 7
Views: 645

Re: Payable on Death (POD/TOD) for short term accounts

It depends on your estate plan. Would those beneficiaries be any different than what your will states? Are their other POD funds that the beneficiary can use while awaiting probate, if needed?
by sailaway
Tue Sep 15, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Saving for A Deal
Replies: 3
Views: 643

Re: Saving for A Deal

With that time frame and that level of vagueness, I would (and do) just consider it part of my long term portfolio. These are the kinds of things you can do without if the deal comes along when stocks are down so much you don't have enough available to cash out.