Search found 550 matches

by DarkHelmetII
Sun Jul 05, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Calculating Affordability - HCOL
Replies: 12
Views: 727

Re: Calculating Affordability - HCOL

% of take-home spent on housing
by DarkHelmetII
Fri Jul 03, 2020 4:51 pm
Forum: Personal Consumer Issues
Topic: Big Scan Job: 28,800 pages
Replies: 13
Views: 1270

Big Scan Job: 28,800 pages

I've a got big scan job that paying $1 / page at a place like Staples or FedEx Kinkos is prohibitively expense for me. Any ideas of who / where / how to get pricing that may offer economies of scale? Here are the details: 6 file cabinet drawers of papers 400 articles per cabinet drawer 12 pages / ar...
by DarkHelmetII
Fri Jul 03, 2020 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using Lemonaid?
Replies: 6
Views: 1651

Re: Anyone using Lemonaid?

My colleague has Lemonade is pleased. Purely anecdotal and one data point but thought I'd share.
by DarkHelmetII
Thu Jul 02, 2020 11:07 am
Forum: Personal Investments
Topic: Vanguard Digital Advisor "algorithm change"
Replies: 57
Views: 4781

Re: Vanguard Digital Advisor "algorithm change"

friar1610 wrote:
Tue Jun 09, 2020 4:52 pm
If someone changed my allocation by 20% without my OK I'd go bananas!
+1. A good reality check for myself as an investor as well as somebody who works in "analytics." Not that I have seriously considered robo advisor but this example further supports my managing my $$ myself.
by DarkHelmetII
Thu Jul 02, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Please suggest a Credit Card
Replies: 34
Views: 1976

Re: Please suggest a Credit Card

Something with 2% cash back on all purchases and no annual fee, no funny business such as different percentages by purchase type, caps on reimbursement, and / or rotating categories by month.
by DarkHelmetII
Sun Jun 28, 2020 8:08 am
Forum: Personal Investments
Topic: Money I may need 4-5 years from now.
Replies: 18
Views: 1041

Re: Money I may need 4-5 years from now.

Permanent portfolio should give you some upside with limited downside
by DarkHelmetII
Fri Jun 26, 2020 3:55 pm
Forum: Personal Investments
Topic: Minimizing downside
Replies: 4
Views: 476

Re: Minimizing downside

Permanent portfolio
by DarkHelmetII
Fri Jun 26, 2020 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide HDHP with or without employer $s to HSA
Replies: 8
Views: 510

Re: Help me decide HDHP with or without employer $s to HSA

Hi I am trying to decide which HDHP health plan should I enroll in. Plan A – Annual premium $260. No company contribution to HSA. Deductible $4K, Out of Pocket Max $6,700 Plan B – Annual premium $1,050. Company contribution to HSA is $500. Deductible $1,500, Out of Pocket Max $5,000 Presently I am ...
by DarkHelmetII
Wed Jun 24, 2020 2:54 am
Forum: Personal Investments
Topic: First Job/401K, 22 Yr old needs 401K options advice
Replies: 22
Views: 1135

Re: First Job/401K, 22 Yr old needs 401K options advice

FXAIX 100% for next few years. In that time learn some more through bogleheads, reading etc... and determine how much bonds, if any, you need and slowly build that in. But at your age a very low cost s and p 500 fund is a great start.
by DarkHelmetII
Tue Jun 23, 2020 11:31 am
Forum: Personal Investments
Topic: Best Comprehensive Investment Software for Investors
Replies: 11
Views: 868

Re: Best Comprehensive Investment Software for Investors

MS Excel for recordkeeping and portfoliovisualizer for simulation. What am I missing?
by DarkHelmetII
Mon Jun 22, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Covid-19 Liability Waiver Agreement
Replies: 15
Views: 1370

Re: Covid-19 Liability Waiver Agreement

What, if anything, will happen if you don’t sign the agreement on her behalf? +1. Don't discount the possibility that they care asking you to sign something they know they can't compel you to sign. Don't know either way, but the point is don't assume you have to sign it just because they asked you ...
by DarkHelmetII
Sun Jun 21, 2020 7:03 pm
Forum: Personal Investments
Topic: How do I calculate % of allocations across different accounts?
Replies: 36
Views: 1914

Re: How do I calculate % of allocations across different accounts?

I've found the easiest thing to do when tracking assets spread across multiple accounts / institutions is to just enter them into a spreadsheet and calculate the totals, percentages, allocations, etc. via standard spreadsheet formulas. Me too. I have tried fancier online systems but, at least for m...
by DarkHelmetII
Sun Jun 21, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Letting my company know I'm looking?
Replies: 43
Views: 4771

Re: Letting my company know I'm looking?

Tell him there are some irons in the fire. +1, I think something vague like this is "complying" with his request but not providing too much information. As others point out, you have max leverage once you give notice. I would figure out all of your offers and play your cards all at once, if you eve...
by DarkHelmetII
Sat Jun 20, 2020 11:08 am
Forum: Personal Investments
Topic: What to do with a Variable Annuity?
Replies: 8
Views: 641

Re: What to do with a Variable Annuity?

"Withdrawals from a VA are tax deferred so there would never be a reason to place one in a tax-favored account like an IRA." Source: Series 6 Licensing Exam Manual My understanding is that OP did this in 2010 so surrender fees are probably 0. For anybody else I provide this information as ammunition...
by DarkHelmetII
Fri Jun 19, 2020 1:25 pm
Forum: Personal Investments
Topic: Have muni bonds become too dangerous?
Replies: 81
Views: 6886

Re: Have muni bonds become too dangerous?

I don't have insider information, anybody claiming to have *real* insight probably doesn't have any. One thing to consider is that you don't pay state tax on treasuries ... given your concern on credit risk might be a worthwhile trade-off.
by DarkHelmetII
Fri Jun 19, 2020 12:51 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17324

Re: Susie Orman Says You are Crazy to be Investing in Bonds

“You have to be crazy, if you ask me, to be in bonds at this point in time.” - Susie Orman My opinion, any statement preceded or followed by "at this point in time" should be ignored. On the topic of bonds, I think there are some reasonable arguments to consider some slight alternatives to the gene...
by DarkHelmetII
Fri Jun 19, 2020 9:55 am
Forum: Personal Investments
Topic: "Low Cost" AUM That Manage Across Multiple Institutions?
Replies: 12
Views: 458

Re: "Low Cost" AUM That Manage Across Multiple Institutions?

Thoughts? Guidance? Have you considered using an all-in-one fund? Simplification can relieve the need to perform re-balancing, etc. Some on the forum swear by the Vanguard LifeStrategy funds or the Target Retirement Income Fund which is what eventually happens to all target date retirement funds. A...
by DarkHelmetII
Fri Jun 19, 2020 9:41 am
Forum: Personal Investments
Topic: "Low Cost" AUM That Manage Across Multiple Institutions?
Replies: 12
Views: 458

"Low Cost" AUM That Manage Across Multiple Institutions?

We have a low seven-figure portfolio spread across multiple institutions and within some of those institutions, namely Vanguard, a web of accounts e.g. 401ks, IRAs, and taxable. Are there any Assets Under Management services in the 0.3% ballpark that will rebalance everything for you across all acco...
by DarkHelmetII
Mon Jun 15, 2020 7:35 pm
Forum: Personal Investments
Topic: Second Opinion on my portfolio!
Replies: 8
Views: 739

Re: Second Opinion on my portfolio!

My opinion on #1 (Your question around international): IMHO the bigger factor is not your target asset allocation (e.g. 10% vs 20%) itself but that you stick to it, whatever you choose, over the years to avoid chasing returns.
by DarkHelmetII
Mon Jun 15, 2020 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Issue with late mortgage payment
Replies: 1
Views: 304

Re: Issue with late mortgage payment

Asking for a friend. Mortgage was sold, and mortgage payment was never forwarded to the new bank. Hit credit score as a late payment, and he was unable to get the old bank to fix the issue and had difficulty getting in touch with them. Is there anyone he can reach out to help fix it? https://www.co...
by DarkHelmetII
Mon Jun 15, 2020 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Offer in hand, shall I renegotiate with current employer?
Replies: 36
Views: 2925

Re: Offer in hand, shall I renegotiate with current employer?

I am in the camp of negotiate with current employer. In absence of other details - e.g. quality of life, commute, is the work interesting etc... - I am assuming positions are fairly similar. Grass is always greener on the other side. You know current politics and so on. If you can get a significant ...
by DarkHelmetII
Fri Jun 12, 2020 3:25 am
Forum: Personal Investments
Topic: Should I get rid of my Variable Universal Life Insurance?
Replies: 18
Views: 1174

Re: Should I get rid of my Variable Universal Life Insurance?

https://evaluatelifeinsurance.org/

Low cost unbiased advice from ex insurance commissioner and actuary
by DarkHelmetII
Thu Jun 11, 2020 7:43 am
Forum: Personal Investments
Topic: When does an advisor make sense?
Replies: 56
Views: 2790

Re: When does an advisor make sense?

When advisor is a fiduciary and charges a one time fixed fee My wife and I developed a plan for her parents and wanted a third-party fee-only fiduciary to review/critique/endorse our plan. We worked with Rick Ferri, and strongly recommended his services. I did the same, although not with Rick Ferri...
by DarkHelmetII
Thu Jun 11, 2020 5:12 am
Forum: Personal Investments
Topic: When does an advisor make sense?
Replies: 56
Views: 2790

Re: When does an advisor make sense?

When advisor is a fiduciary and charges a one time fixed fee
by DarkHelmetII
Tue May 26, 2020 5:12 am
Forum: Personal Investments
Topic: I have no risk tolerance: where am I supposed to keep my money?
Replies: 73
Views: 6750

Re: I have no risk tolerance: where am I supposed to keep my money?

Permanent portfolio. I think a similar theme to golden butterfly but perhaps a little simpler.
by DarkHelmetII
Mon May 18, 2020 3:50 pm
Forum: Personal Investments
Topic: Investments right now
Replies: 17
Views: 1642

Re: Investments right now

Vfiax Vanguard s&p 500
by DarkHelmetII
Fri May 15, 2020 6:58 pm
Forum: Investing - Theory, News & General
Topic: Why GAAP and non GAAP?
Replies: 24
Views: 1391

Re: Why GAAP and non GAAP?

Yes, of course non-GAAP is used "to make the company look better". I can't imagine a company using non-GAAP to make the company look worse. If that were the case, I expect that the non-GAAP measure would be quietly dropped. Of maybe it would be modified to achieve its objective of "making the compa...
by DarkHelmetII
Fri May 15, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Rental property: experiences with property management companies?
Replies: 11
Views: 793

Re: Rental property: experiences with property management companies?

I interviewed my one and only property management company so have little to compare. Overall I have been satisfied. Went off gut from the "interview" (when I met with the owner). Got to hear of the company by word of mouth. They have been growing steadily. Like others months or even years will pass ...
by DarkHelmetII
Mon May 04, 2020 1:18 pm
Forum: Personal Investments
Topic: Fido Deferred Fixed Annuity
Replies: 49
Views: 3744

Re: Fido Deferred Fixed Annuity

I know we hate Annuities, but Fido offers Jumbo(100K) deferred fixed annuities from Mass Mutual and NY Life, 3 year term at 2.1%. I'm retired, 73, and would be in my IRA I have with them. I have excess cash with them and won't need the $ for at least 3 years. I already have CD's( some w/credit Unio...
by DarkHelmetII
Mon May 04, 2020 5:15 am
Forum: Personal Consumer Issues
Topic: Portable crib, non pack n' play?
Replies: 7
Views: 438

Portable crib, non pack n' play?

Any recommendations on a portable crib that is not a pack n' play? Looking for something, if it exists, that is a little bigger and more comfortable than pack n' play but still transportable in a car (not flying with it).
by DarkHelmetII
Sun May 03, 2020 1:11 pm
Forum: Personal Investments
Topic: Potential brain injury? Freeze any decisions?
Replies: 18
Views: 3113

Re: Potential brain injury? Freeze any decisions?

unstoppable wrote:
Fri May 01, 2020 2:31 am
I’m tempted to just dump it into VTSAX to “buy the dip” periodically over the next few weeks.
time box it / make plan very specific. In the event the market climbs steadily over the next few weeks, months, will you keep holding cash for the 'dip'?
by DarkHelmetII
Sat May 02, 2020 11:33 am
Forum: Personal Investments
Topic: [Cashed out in panic, how to get back in?]
Replies: 35
Views: 4079

Re: [Cashed out in panic, how to get back in?]

My opinion on international: just as important as your chosen international allocation is that you stick with it, otherwise one is at risk of perpetually chasing returns. Want to go 100% domestic? Fine, just don't go 50% international after the US has a bad few years and rest of world is rallying. A...
by DarkHelmetII
Fri May 01, 2020 6:27 pm
Forum: Personal Investments
Topic: Lump sum or DCA 100k into VFIAX
Replies: 23
Views: 1449

Re: Lump sum or DCA 100k into VFIAX

Hoops wrote:
Fri May 01, 2020 2:26 pm
Any thoughts? Should I lump sum the full 100k now or put in 25K over next 4 months?
choose one:

1) 100 % today
2) 50 % today and 50% over 4 months
by DarkHelmetII
Mon Apr 27, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6548

Re: Expert Consultant: $110 / hr??

Well they accepted my counter of $1,000. How do you make sure you actually get paid / this is not some scam?
by DarkHelmetII
Mon Apr 27, 2020 1:43 pm
Forum: Personal Investments
Topic: Municipal bonds - concerns?
Replies: 31
Views: 2524

Re: Municipal bonds - concerns?

My father has several individual municipal bonds in his Ed Jones portfolio. Is there reason for concerns with these given the current economic situation? thanks... tamara I'm more concerned about the "Ed Jones portfolio" part. :shock: Regards, +1. EJ aside too little details to make assessment. In ...
by DarkHelmetII
Sun Apr 26, 2020 7:40 pm
Forum: Personal Investments
Topic: LT muni vs. LT treasury
Replies: 15
Views: 877

Re: LT muni vs. LT treasury

One other consideration - how do people reconcile the allocation to the longest-dated treasuries given where we are in rates? Or is the idea that in higher rates or lower, the combo of long dated treasuries, gold, stocks etc. - racks out to the targeted high single digit "permanent" returns? At any...
by DarkHelmetII
Sun Apr 26, 2020 1:01 pm
Forum: Personal Investments
Topic: LT muni vs. LT treasury
Replies: 15
Views: 877

Re: LT muni vs. LT treasury

If some aspects of the "permanent portfolio" have merit - gold, broad stock market index fund, cash, etc, - have BHers considered the use of long term investment grade munis (i.e. VWLUX) over a long term treasury? Granted, the default rate on IG long dated munis is not zero, but is the extra spread...
by DarkHelmetII
Sun Apr 26, 2020 5:38 am
Forum: Personal Investments
Topic: Cash Value Life Insurance--Great Idea For The Wealthy?
Replies: 20
Views: 1242

Re: Cash Value Life Insurance--Great Idea For The Wealthy?

my understanding: remember that plain-old equities such as S&P 500 held in a taxable account get a step-up in basis upon inheritance. this is without all of the bells / whistles / fees / complications of cash value life insurance.
by DarkHelmetII
Sat Apr 25, 2020 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6548

Re: Expert Consultant: $110 / hr??

They came up to $250 when I asked, open-ended, how they could sweeten the deal. I countered with $1,000. Will see what happens. Gainfully employed (knock on wood) and there is significant opportunity cost so I am not going to bend over backwards for these guys.
by DarkHelmetII
Sat Apr 25, 2020 7:17 am
Forum: Investing - Theory, News & General
Topic: Why do investors have a hard time doing nothing?
Replies: 53
Views: 3969

Re: Why do investors have a hard time doing nothing?

Olemiss540 wrote:
Sat Apr 25, 2020 7:14 am
Part of the reason for the desire to do something IMO is that the news creates an aura of fear and uncertainty even bigger than news events themselves (from a historical perspective) as a means to sell viewership.
+1
by DarkHelmetII
Thu Apr 23, 2020 4:15 pm
Forum: Personal Investments
Topic: Only option for 403b is a Metlife Var Annuity
Replies: 23
Views: 826

Re: Only option for 403b is a Metlife Var Annuity

Remember putting $$ into VA rather than taxable converts more favorable capital gains rates to less favorable ordinary tax rates. This generally dwarfs the tax deferral benefits.
by DarkHelmetII
Thu Apr 23, 2020 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5954

Re: Exit Interview

I am decades younger (so less years total experience) however I agree with the sentiment of - what do you have to gain? Probably little if anything. Just go quietly and if needed vent outside the 'formal' channels e.g. HR exit interview.
by DarkHelmetII
Thu Apr 23, 2020 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6548

Re: Expert Consultant: $110 / hr??

Thanks all for the input. My conclusion: $110 / hr is too low. Will report back if I get any meaningful increase in the amount they will pay and I agree to do it.
by DarkHelmetII
Wed Apr 22, 2020 7:43 pm
Forum: Personal Investments
Topic: ETFs or Indexed Life insurance
Replies: 36
Views: 1273

Re: ETFs or Indexed Life insurance

Don't buy IUL. If you want market action with limited downside do something like permanent portfolio or perhaps more simply a conservative balanced mix like 75% intermediate treasuries and 25 % total stock market. As others said these equity indexed products are laden with expenses and fees and lack...
by DarkHelmetII
Wed Apr 22, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Expert Consultant: $110 / hr??
Replies: 70
Views: 6548

Expert Consultant: $110 / hr??

Have been approached by an intermediary firm to provide industry expertise to an investment banking firm. This is a ~ 1 hour gig where basically they (the i-banking firm) ask me some questions and I share my experiences. I am gainfully employed (for now) and would be doing this for a few extra bucks...
by DarkHelmetII
Wed Apr 22, 2020 1:15 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9347

Re: DOT: Airlines must offer refunds for cancelled flights (not just credits)

Please advise: I have a one-way domestic-travel ticket on United for July 5, for which I paid $280 with a credit card. The ticket is in Basic economy. UA recently sent out an offer: if passengers cancel near-term travel they'll get a travel credit with UA for 18 months from the date of cancellation...
by DarkHelmetII
Wed Apr 22, 2020 12:00 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 109
Views: 9347

Re: Any Airlines Issuing Actual Refunds

Actual notice from DoT https://www.transportation.gov/sites/dot.gov/files/2020-04/Enforcement%20Notice%20Final%20April%203%202020_0.pdf Note "A passenger is entitled to a refund if the airline made a significant schedule change and/or significantly delays a flight and the passenger chooses not to t...
by DarkHelmetII
Tue Apr 21, 2020 5:20 am
Forum: Personal Finance (Not Investing)
Topic: HOA wants house painted. Renters want to do it. Thoughts?
Replies: 26
Views: 2311

Re: HOA wants house painted. Renters want to do it. Thoughts?

My tendency is to get independent 'professionals' otherwise the business transaction of painting and legal relationship between tenant / landlord gets too muddy. If the tenant happened to be a full-time painter / handyman with licensing, bonding etc... I would maybe consider but doubt that is the ca...
by DarkHelmetII
Sun Apr 19, 2020 7:05 pm
Forum: Personal Investments
Topic: Help on Investing In Taxable
Replies: 9
Views: 871

Re: Help on Investing In Taxable

VFIAX is a fine choice. Very tax efficient and low cost.