Search found 182 matches

by GmanJeff
Fri Dec 07, 2018 12:10 pm
Forum: Personal Consumer Issues
Topic: Portable Bluetooth Speaker Recommendations (loud and good sound quality)
Replies: 33
Views: 1902

Re: Portable Bluetooth Speaker Recommendations (loud and good sound quality)

Marshall bluetooth speakers, like this one: https://www.marshallheadphones.com/mh_u ... -bluetooth They also offer larger and louder models. They go to 11, of course.
by GmanJeff
Thu Dec 06, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard advisor suggesting 90/10
Replies: 41
Views: 3064

Re: Vanguard advisor suggesting 90/10

90% equities is a very high-level, broad, and relatively non-specific asset allocation description, because the word "equities" alone encompasses a wide range of potential volatilities, risks, and returns, as is also true for the 10% debt portion of the recommended portfolio. Assuming a well diversi...
by GmanJeff
Wed Dec 05, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: Looking for a nice travel watch... recommendations?
Replies: 41
Views: 2348

Re: Looking for a nice travel watch... recommendations?

I wear a Rolex GMT Master while travelling. It tracks the time in both your home and current time zones. Other brands and even other Rolexes offer GMT-type movements as well but the GMT Master is the archetype for that sort of travel watch. It also holds its value to a degree unmatched by alternativ...
by GmanJeff
Mon Dec 03, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Personnel turnover in Vanguard Personal Advisory Services
Replies: 22
Views: 2143

Re: Personnel turnover in Vanguard Personal Advisory Services

Yes, you can designate which accounts you'd like to have under management. Your other accounts, whether Vanguard funds, individual equities, other mutual funds, or outside accounts like 401(k), TSP, or deferred comp, will be considered (if you wish) in your PAS asset allocation and financial plan. ...
by GmanJeff
Mon Dec 03, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Personnel turnover in Vanguard Personal Advisory Services
Replies: 22
Views: 2143

Re: Personnel turnover in Vanguard Personal Advisory Services

Yes, you can designate which accounts you'd like to have under management. Your other accounts, whether Vanguard funds, individual equities, other mutual funds, or outside accounts like 401(k), TSP, or deferred comp, will be considered (if you wish) in your PAS asset allocation and financial plan.
by GmanJeff
Mon Dec 03, 2018 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Personnel turnover in Vanguard Personal Advisory Services
Replies: 22
Views: 2143

Re: Personnel turnover in Vanguard Personal Advisory Services

My Flagship rep remains listed and unchanged. They are not advisors, but instead provide administrative assistance with things like in-kind transfers and changes to account registrations. Flagship members probably know more then their VG advisers. I've never used them for any advice. PAS advisors ha...
by GmanJeff
Sun Dec 02, 2018 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Personnel turnover in Vanguard Personal Advisory Services
Replies: 22
Views: 2143

Re: Personnel turnover in Vanguard Personal Advisory Services

I have been with PAS for about 2 years and have experienced no turnover in either my PAS advisor or with my Flagship rep. My understanding is that PAS clients are assigned advisors on teams which focus on certain levels of assets under management. Clients with relatively small accounts are assigned ...
by GmanJeff
Sun Dec 02, 2018 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Simple Person Needs Simple Advice Regarding Retirement
Replies: 26
Views: 2297

Re: Simple Person Needs Simple Advice Regarding Retirement

CDs eventually mature and you'll have to decide what to do with the resulting funds each time, taking many variables into account (interest rates, your income needs, changes in your risk tolerance, alternative investment choices, etc). If you anticipate that you'll be intellectually incapable of man...
by GmanJeff
Fri Nov 30, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Cancun in January
Replies: 13
Views: 1121

Re: Cancun in January

Consider arranging transportation through your resort. Quintana Roo State is under a Level 2 Travel Advisory (Exercise Increased Caution), reflecting a notable level of criminal activity and violence in which bystanders in tourist and other areas may become collateral damage even if not targeted spe...
by GmanJeff
Fri Nov 30, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Any single income earners with kids able to retire "early"?
Replies: 23
Views: 1556

Re: Any single income earners with kids able to retire "early"?

It's all a matter of how much you can grow your investments in the time you have to your target retirement date, measured against your expected expenses up to and after eligibility for Medicare and Social Security (if applicable to you). Obviously, the more you earn and save/invest and the lower you...
by GmanJeff
Tue Nov 27, 2018 7:41 pm
Forum: Investing - Help with Personal Investments
Topic: PAS handling of non-VG investments?
Replies: 6
Views: 601

Re: PAS handling of non-VG investments?

PAS does take outside investments and the nature of income sources into consideration. In my case those included a deferred comp account, a 401(k) with my employer, income from a federal civil service pension which reliably generates lifetime inflation-adjusted income in an arguably bond-like manner...
by GmanJeff
Mon Nov 26, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Do I need a financial advisor?
Replies: 16
Views: 1388

Re: Do I need a financial advisor?

Another recommendation here for Vanguard's PAS. The fees are low and you'll receive a financial plan and asset allocation which will be built using Vanguard's proprietary algorithm, incorporating your investment objectives, your financial situation, and your risk tolerance to provide goals-based for...
by GmanJeff
Thu Nov 22, 2018 12:36 pm
Forum: Personal Consumer Issues
Topic: Weekend Toy Motorcycle - Honda Grom or Honda Monkey or ..?
Replies: 13
Views: 1141

Re: Weekend Toy Motorcycle - Honda Grom or Honda Monkey or ..?

It might be worth considering a full-size bike which you can use as your skills and confidence increase. A 350 to 500 cc more conventionally sized bike can be easily ridden at lower speeds in your neighborhood, but can also be used further afield as you feel ready, where a small bike would be unsafe...
by GmanJeff
Sun Nov 18, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Laptop security - Mac OS or Windows
Replies: 42
Views: 2759

Re: Laptop security - Mac OS or Windows

More malware targets Windows than MacOS, but using a Mac in and of itself does not insulate you from attacks. If you practice good cyber hygiene, either can be equally well defended - keep your programs and OS updated, avoid sketchy sites, and be sensitive to phishing. On either platform consider us...
by GmanJeff
Fri Nov 16, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9945

Re: Granddaughter needs $ help for university

I know people on here are overly practical, but if this is really 60k total for 4 years, and it is a school that the child enjoys and is happy at, then that is a great deal no matter what they study. In MA, two years of community college then to flagship state school would be more than 60k. Even so...
by GmanJeff
Wed Nov 14, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help or Advice on Land Purchase
Replies: 8
Views: 784

Re: Help or Advice on Land Purchase

Silk has a good idea. If they are willing to hold a note for you, the obligation won't show up on your credit report and you and your folks can work out repayment terms you both find acceptable, even a interest rate or loan duration you would not be able to find from a bank or credit union. You prob...
by GmanJeff
Wed Nov 14, 2018 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Invest or pay of mortgage?
Replies: 13
Views: 1549

Re: Invest or pay of mortgage?

Not a direct answer to your specific question, but a few considerations which you may want to factor into your ultimate decision: Your current age means you have a potentially long working life and, later, retirement in front of you. That means unavoidable uncertainties as to what the future will br...
by GmanJeff
Mon Nov 12, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 111
Views: 9945

Re: Granddaughter needs $ help for university

When you co-sign, you're accepting responsibility for the repayment of the loan. If your granddaughter, for whatever reason, repays the loan slowly or not at all, the lender can look to you for repayment, including penalties and any legal fees permitted by the terms of the loan. Your credit worthine...
by GmanJeff
Mon Nov 12, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Wanting to move my family but where to begin?
Replies: 21
Views: 2437

Re: Wanting to move my family but where to begin?

In Wisconsin, the wealthier, primarily residential and light commercial Milwaukee suburbs can provide a good quality of life. Commuting times often reflect the lower population density of the area as compared to Chicago - check out Brookfield and Mequon as examples. While the cost of living may be l...
by GmanJeff
Fri Nov 09, 2018 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard customer service
Replies: 12
Views: 1705

Re: Vanguard customer service

Did you specifically research the criteria for such an investment be under your particular circumstances? Are you trying to say you wanted to use the fund as an investment vehicle for a charitable organization rather than as an investment for you as an individual? If so, have you inquired into avail...
by GmanJeff
Fri Nov 09, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Seeking Advice - Emergency Preparedness
Replies: 56
Views: 3392

Re: Seeking Advice - Emergency Preparedness

In the aggregate, you have received sensible advice: 1. A quality sleeping bag and winter clothing which can keep you from freezing even if you have no heat 2. Sufficient food and water (and medications) on hand to last through an emergency period 3. Consider solar, both to reduce your dependence on...
by GmanJeff
Thu Nov 08, 2018 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Retirement [what moves to make to reduce risk]
Replies: 6
Views: 940

Re: Retirement [what moves to make to reduce risk]

I just retired a few weeks ago, and in preparation not only ensured my portfolio was constructed properly for my needs and risk tolerance going forward, but also took action to be prepared for a potential future decline in my level of interest or ability with respect to managing it. That is, I have ...
by GmanJeff
Thu Nov 08, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Go it alone or stay with wealth management?
Replies: 10
Views: 1322

Re: Go it alone or stay with wealth management?

Consider Vanguard's Personal Advisor Services as an intermediate or even long-term alternative. Their fee of .3% of assets under management for the first $5M (less for sums above that break point) is relatively modest. There is no charge for an initial consultation with a PAS rep to learn more about...
by GmanJeff
Wed Nov 07, 2018 5:12 pm
Forum: Personal Consumer Issues
Topic: How much to donate to local police and fire department?
Replies: 23
Views: 1818

Re: How much to donate to local police and fire department?

As others have noted, organization funding sources can vary widely. For fire departments, paid, paid-on-call (paid per call), volunteer, and combination paid/volunteer organizations all exist, although most rural and many suburban fire departments in this country are staffed only by unpaid volunteer...
by GmanJeff
Mon Nov 05, 2018 4:26 pm
Forum: Personal Consumer Issues
Topic: Please help me with my car decision
Replies: 42
Views: 3453

Re: Please help me with my car decision

One consideration with snow tires on a Porsche or other RWD vehicle is that it's a pretty big hassle to switch them out twice each year. You can't carry the other tires to the shop in the Porsche because it lacks the necessary cargo capacity, so someone else will have to drive a second vehicle to th...
by GmanJeff
Sat Nov 03, 2018 11:55 am
Forum: Personal Consumer Issues
Topic: Please help me with my car decision
Replies: 42
Views: 3453

Re: Please help me with my car decision

Don't worry about the snide "humblebrag" comment. Plenty of folks on this board are very well-to-do, and that's hardly anything to be ashamed of. Judgmental snarky comments like that reflect envy, add nothing to the discussion, and are appropriately ignored. To your question, though, an electric veh...
by GmanJeff
Fri Nov 02, 2018 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 48
Views: 7219

Re: retiring abroad with savings worth 200k...

You are off by a factor of about 10 . Are you saying the OP needs $2,000,000 USD to retire in his 40s with a $10-12,000 annual budget? I must misunderstand your post because $2,000,000 earning 0% real return would allow for a draw of $10,000/year for 200 years. Or are you referring to AlohaJoe's po...
by GmanJeff
Wed Oct 31, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 48
Views: 7219

Re: retiring abroad with savings worth 200k...

The answer is almost certainly no. Even if your savings were sufficient, which other have pointed out they are not, are you confident your projected expenses actually reflect the cost of living in Mexico, and will remain as projected indefinitely, i.e., are unlikely to rise for any reason as you age...
by GmanJeff
Fri Oct 26, 2018 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Is it risky to have all retirement savings with vanguard?
Replies: 43
Views: 5998

Re: Is it risky to have all retirement savings with vanguard?

The patent benefits of consolidation arguably outweigh the minuscule risks.
by GmanJeff
Thu Oct 25, 2018 9:29 am
Forum: Personal Consumer Issues
Topic: Coffee grinder
Replies: 56
Views: 4046

Re: Coffee grinder

I use a Breville Smart Grinder, BCG800XL, and have been pleased with it. It has 25 grind size settings for 4 coffee styles: French press, percolator, drip filter, and espresso. Within each style there are sub-settings so you can further fine-tune the grind to your preference. There is a setting to a...
by GmanJeff
Sun Oct 21, 2018 9:34 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on moving law practice?
Replies: 1
Views: 482

Re: Thoughts on moving law practice?

I'd say it depends on your tolerance for uncertainty. If the smaller firm has more work than they can handle, and clients who are growing, the risk may be worth it. If the smaller firm's client base is small, the risk is high, since the loss of only a few clients to other firms or due to business re...
by GmanJeff
Sun Oct 21, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Robo or Self managed?
Replies: 15
Views: 1560

Re: Robo or Self managed?

The potential advantage of a robo is the model used. The robos use varying models, but each is based on the research and analysis capabilities each brings to the table. The typical BH 2 or 3-fund model, in contrast, is simple in the extreme and is not based on any particular research or analysis int...
by GmanJeff
Tue Oct 16, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 138
Views: 10950

Re: Should we move to San Diego from east coast?

In addition to the issues already mentioned with homelessness and crime, it might be useful to consider issues associated with wildfires and earthquakes. Some neighborhoods and homes are likely to be more susceptible than others, and while such events are infrequent, their impact can be considerable...
by GmanJeff
Sun Oct 14, 2018 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Non-profit investing
Replies: 5
Views: 332

Re: Non-profit investing

You might want to check with the National FOP to see if they can suggest other Lodges which have prior experience with this, perhaps even in your state. Those might be able to offer lessons learned and suggestions for a successful implementation.
by GmanJeff
Wed Oct 10, 2018 3:16 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 56
Views: 4567

Re: Best headphones under 500 bucks

I have and enjoy a pair of Audeze EL-8 closed-back headphones. They retail for a little over $300, but unless you're exceptionally discerning or demanding, spending more may not give you an improvement proportional to the extra expense.
by GmanJeff
Wed Oct 10, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2939

Re: The Psychological Dimension Of The Transition To Retirement

Many thanks to all who responded to this thread. I found your observations, thoughts, and individual approaches to retirement very helpful, and was also reassured that my concerns are common and frequently turn out to be unfounded. This community is not only often well-informed, but also gratifyingl...
by GmanJeff
Sat Oct 06, 2018 9:07 am
Forum: Investing - Help with Personal Investments
Topic: The Psychological Dimension Of The Transition To Retirement
Replies: 25
Views: 2939

The Psychological Dimension Of The Transition To Retirement

For those of you who are retired, how did you become comfortable with moving from a lifetime of accumulating assets to a de-accumulation mindset? I will retire in another week, a few months before my 62nd birthday, and I am finding the prospect of the transition to be somewhat daunting. Projections ...
by GmanJeff
Mon Oct 01, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Need help on car decision: Honda CRV vs luxury car used
Replies: 68
Views: 6759

Re: Need help on car decision: Honda CRV vs luxury car used

You're speaking of compact SUVs. Are you sure they will have the cargo-carrying capacity you want? Two bikes, inside, and also enough interior room to carry your kids' college stuff back and forth? You may want to move up a class in size to something like the Toyota Highlander, Honda Pilot, or CPO B...
by GmanJeff
Fri Sep 28, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: VG PAS Recommendations - Surprised/Disappointed?
Replies: 27
Views: 2924

Re: VG PAS Recommendations - Surprised/Disappointed?

No hostility, just bemused that if the OP (and others, apparently) don't understand the rationale behind a recommendation your default is to assume it is supported not by a proprietary model designed to maximize returns and minimize volatility, but instead by an unethical commercial motive to lure u...
by GmanJeff
Thu Sep 27, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: VG PAS Recommendations - Surprised/Disappointed?
Replies: 27
Views: 2924

Re: VG PAS Recommendations - Surprised/Disappointed?

" I have to admit I see no logic here" It appears that if you can't yourself identify the rationale behind a recommendation, you assume it's illogical. There's no reason whatever for such an assumption. Having three different bond funds, with different characteristics, clearly has nothing to do with...
by GmanJeff
Tue Sep 25, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: Car predicament
Replies: 14
Views: 2454

Re: Car predicament

Sell the car for scrap and pay off the loan, unless paying for repairs would yield a better financial outcome in terms of either being able to sell the car for more money than the cost of the repairs and/or the ability to continue using the car and deferring the cost of a replacement. Frankly, bankr...
by GmanJeff
Wed Sep 19, 2018 7:16 am
Forum: Personal Consumer Issues
Topic: When did you decide to move from your home to senior living?
Replies: 15
Views: 3165

Re: When did you decide to move from your home to senior living?

My father In law used his LTC benefits while in Assisted Living in a CCRC. As long as the criteria for benefits payments are met, typically relating to needing assistance with the so-called "activities of daily living", the venue where that assistance is being provided is irrelevant to the insurance...
by GmanJeff
Tue Sep 18, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: When did you decide to move from your home to senior living?
Replies: 15
Views: 3165

Re: When did you decide to move from your home to senior living?

As with the earlier posts, I can't comment from being in that situation myself but I can cite the lessons I learned from my parents' experience. They are in their late 80s, and waited far too long to move, resulting in substantial challenges in adapting to their new environment. They were older than...
by GmanJeff
Tue Sep 18, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor - .30%
Replies: 23
Views: 3252

Re: Vanguard Personal Advisor - .30%

PAS ensures you regularly review and, when appropriate, adjust your portfolio as needed to account for changes in your personal circumstances, shifts away from your optimal asset allocation, or other circumstances. You can do that yourself, but will you do so in a disciplined and consistent manner i...
by GmanJeff
Fri Sep 14, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 1896

Re: Planning to Contact Vanguard

VG's offerings depend on your asset level. if you are a Voyager Select, Flagship or Flagship Select customer you have access to advice from a Certified Financial Planner who can answer specific questions you may have. There is no fee for that. If you want a financial plan and ongoing portfolio manag...
by GmanJeff
Fri Sep 14, 2018 7:33 am
Forum: Personal Consumer Issues
Topic: Can only take (1) DSLR lens..which one?
Replies: 27
Views: 785

Re: Can only take (1) DSLR lens..which one?

It depends what you plan to shoot. If you're going for "artsy" shots, take the 50mm since you'll likely be able to take your time composing your shots and can change your distance from your subject by moving rather than by relying on the zoom feature of the variable focal length lens. If you want to...
by GmanJeff
Thu Sep 13, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Remodel for aging in place
Replies: 44
Views: 3209

Re: Remodel for aging in place

It may be worth considering that some features which may be thought of as appropriate only for the frail elderly are also useful in the event an able-bodied individual becomes temporarily disabled, such as after an accident or knee or hip replacement surgery. The availability of an elevator, for exa...
by GmanJeff
Tue Sep 11, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 99
Views: 10447

Re: Side Hustle Options/Suggestions.

Since the issue is a desire for more income, perhaps consider studying for a degree or certificate which might enable you to eventually find higher paying primary employment, whether in your current field or doing something else. You appear to be willing to work outside the home, and one way to have...
by GmanJeff
Mon Sep 10, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 3027

Re: New Job (1st Management Role)

You are not insane if your decision is consistent with your priorities, ambitions, and values. One way to think about this might be to ask yourself where you'd like to be professionally in 1 year, in 5 years, and in 10 years, and whether this opportunity will improve your chances of achieving those ...