Search found 4877 matches

by JBTX
Sat Apr 20, 2019 10:27 pm
Forum: Personal Consumer Issues
Topic: Getting rid of spam
Replies: 17
Views: 893

Re: Getting rid of spam

livesoft wrote:
Sat Apr 20, 2019 12:55 pm
Do you know how to mark an e-mail message as spam and have your e-mail program never show e-mails to you from that place again? I think that also helps the program decide between spam and bacon for everyone.
Most spam doesn't come from the same email address. They change it every time.
by JBTX
Sat Apr 20, 2019 9:16 pm
Forum: Investing - Theory, News & General
Topic: Efficient Markets Indeed
Replies: 21
Views: 1546

Re: Efficient Markets Indeed

There was also the company that changed their name to put "block chain" in their name even though they had nothing to do with block chain. Efficient doesn't necessarily mean that the market processes information correctly (from a backwards looking view or from a fundamental point of view) it just do...
by JBTX
Sat Apr 20, 2019 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer, pension vs diy retirement
Replies: 17
Views: 950

Re: New job offer, pension vs diy retirement

It is an interesting dilemma. My guess is if the pension is well funded it wins. Having a guaranteed cost of living adjusted retirement plan is as good as it gets. I'd still have some reservations about having all my eggs in that one retirement basket even though it may be safer. Kind of like compar...
by JBTX
Sat Apr 20, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: Getting rid of spam
Replies: 17
Views: 893

Re: Getting rid of spam

If you can be sure of the source of the email, unsubscribe may be safe if it is from a known major retailer, and you can identify the source email as legit (you have to look at the actual email address domain name). If you click on one of those u subscribe links from spammers from unidentified sourc...
by JBTX
Sat Apr 20, 2019 1:40 pm
Forum: Investing - Theory, News & General
Topic: The Annuity Puzzle: Findings from a Recent Survey
Replies: 29
Views: 1704

Re: The Annuity Puzzle: Findings from a Recent Survey

Also, the limiting of annual inflation to 1 to 3% seems like a tremendous oversight. Future inflation is problematic for bonds and any fixed-income investment. Theoretically inflation expectations are being priced into the interest rates bonds (and annuities) are offering today... So what differenc...
by JBTX
Fri Apr 19, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for College Freshman
Replies: 46
Views: 1650

Re: Best Credit Card for College Freshman

I recently put my daughter on my oldest credit card and one with large credit line that isnt used much, with the objective of building a credit history. I did not actually give her the cards. Once she has a credit history we will open one in her name.
by JBTX
Fri Apr 19, 2019 4:50 pm
Forum: Investing - Theory, News & General
Topic: This could be the biggest risk that retirees face?
Replies: 117
Views: 7876

Re: This could be the biggest risk that retirees face?

The greatest risk to retirees may be that you'll be too successful: “You have to worry about getting unlucky and living to 100,” said Richard Thaler, a Nobel Prize winner in economics, during a Brookings Institution event Thursday. How long you’ll live and how much money you’ll need in retirement a...
by JBTX
Fri Apr 19, 2019 4:40 pm
Forum: Personal Consumer Issues
Topic: In search of a dishwasher that dries plastics well...
Replies: 50
Views: 1679

Re: In search of a dishwasher that dries plastics well...

My dishwashing workflow is to open the dishwasher after the cycle completes and tip/shake all those top-shelf plastic items that accumulate so much water. This could be done immediately, or the next day. Then I leave the door ajar for 6+ hours (or 2 days). All items are then 100% dry. This techniqu...
by JBTX
Fri Apr 19, 2019 4:26 pm
Forum: Personal Investments
Topic: Fire my financial advisor now or later? (recent windfall help needed)
Replies: 44
Views: 3262

Re: Fire my financial advisor now or later? (recent windfall help needed)

Take it all right now, open a vanguard brokerage account and put it in a vanguard target date fund or vanguard life strategy fund. Done. As you learn more you may choose to vary from that, but that gets you 90% of the way there, the rest is fine tuning. I'd avoid going with the advisor because she i...
by JBTX
Fri Apr 19, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 39
Views: 3906

Re: Not Maxing 401K OK?

I am not sure we have ever been able to max 401ks to the statutory max due to employers need to cap contributions of HCEs. If so it has been rare ( was self employed a few years but mostly didn't max then either). This year my wife will due to new safe harbor plan and I might - would be first time i...
by JBTX
Fri Apr 19, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: dropping umbrella and increasing auto liability
Replies: 56
Views: 3095

Re: dropping umbrella and increasing auto liability

I did this when our kids started driving. The premium on our umbrella went from $160 to around $750. There were significantly more discounts available on the auto policy for things like being a good student, completing a safety class, etc. The surcharge for youths on the auto policy also dropped as...
by JBTX
Thu Apr 18, 2019 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 39
Views: 3906

Re: Not Maxing 401K OK?

I assume OP is in 12% bracket. The bracket ends at about $77,000 dollars for MFJ. Thus, in retirement one must be showing more $77k in taxable income before they will be kicked into the next bracket (i.e. before Roth makes sense). With a $24k standard deduction, that means you have to be withdrawin...
by JBTX
Wed Apr 17, 2019 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: dropping umbrella and increasing auto liability
Replies: 56
Views: 3095

Re: dropping umbrella and increasing auto liability

You are thinking about dropping a million in umbrella because it costs $150? Seems pretty cheap to me.
by JBTX
Wed Apr 17, 2019 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 39
Views: 3906

Re: Not Maxing 401K OK?

I would not contribute to the Roth over tax deferred unless 1) you have at least a million dollars in tax deferred accounts already or 2) you are maxing your 401k AND you are not eligible for traditional IRA contribution. If you "hate paying taxes" then you shouldn't be contributing to the Roth if ...
by JBTX
Wed Apr 17, 2019 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 39
Views: 3906

Re: Not Maxing 401K OK?

You are saving 20%-25% between 401ks and Roth which is very good. Perhaps you are getting some company match too? You are doing well. If you have the opportunity to put more in the 401k then do so, but you are on a good pace. The benefit to saving more is you have the option to retire earlier. At yo...
by JBTX
Wed Apr 17, 2019 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 39
Views: 3906

Re: Not Maxing 401K OK?

You are saving 20%-25% between 401ks and Roth which is very good. Perhaps you are getting some company match too?
by JBTX
Wed Apr 17, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665460

Re: What's Your Credit Card Rewards Strategy?

What is the best way to request waiver of Credit Card annual fees ? eg Bank of America Premium Rewards CC annual fees of $100 Threaten to cancel when renewal comes up. Unless you're a really big user, I doubt you'll get a waiver these days, but you might get a lagniappe. Some cards may give a waive...
by JBTX
Wed Apr 17, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: Pension Govt vs a High match job with higher pay.
Replies: 10
Views: 957

Re: Pension Govt vs a High match job with higher pay.

Hello all. I thought I would ask the experts to double check my math. Right now I am employed in the government at have a DB plan. I will be fully vested and eligible to retire at age 56 with 32 years of service (20 years). I like my job and its low stress but I also wonder if I could be a bigger b...
by JBTX
Wed Apr 17, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Leave Job to Spend Time with Disabled Spouse?
Replies: 13
Views: 1807

Re: Leave Job to Spend Time with Disabled Spouse?

Agree with the above posts. While we obviously don't know the entire picture and lack to context to give the most informed opinion, if it were me I'd probably want the security of the addition income and insurance coverage as well as the ability to maintain mental sanity by getting out of the house,...
by JBTX
Mon Apr 15, 2019 7:50 pm
Forum: Investing - Theory, News & General
Topic: Is seeking tax shelter always right?
Replies: 22
Views: 1993

Re: Is seeking tax shelter always right?

In our case in our 50s approx 90% is in tax advantaged, maybe 60% traditional and 40% Roth. In almost all cases Roth will be as good or likely better than a taxable account.
by JBTX
Mon Apr 15, 2019 10:08 am
Forum: Personal Investments
Topic: Fidelity is making it hard for my daughter to fund a Roth
Replies: 55
Views: 5772

Re: Fidelity is making it hard for my daughter to fund a Roth

But now the issue is I have only 1 day to fund it. Eft likely won't work. Will probably have to be wire transfer. The IRA contribution can be made by check via mobile deposit using the Fidelity app. Just did this today and the contribution showed up immediately in the IRA account. +1 Thanks for the...
by JBTX
Mon Apr 15, 2019 12:43 am
Forum: Personal Investments
Topic: Fidelity is making it hard for my daughter to fund a Roth
Replies: 55
Views: 5772

Re: Fidelity is making it hard for my daughter to fund a Roth

A week ago we tried to open 2018 Roth ira for 18 yr old daughter at Fidelity. Ended up getting same identity verification problems. Tried again today. Same problems. Oddly enough I tried it on Chrome vs Firefox and was able to get account set up today. But now the issue is I have only 1 day to fund ...
by JBTX
Sun Apr 14, 2019 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed thinking through issues re: child’s disability
Replies: 22
Views: 1839

Re: Help needed thinking through issues re: child’s disability

Hope other more experienced folks will chime in, but these are my first initial thoughts... 1. I would focus on getting the will and special needs trust set up. Agreed. Part of the issue is I’m trying to figure out and get educated on what I want to do, pitfalls, consensus views etc. For example, j...
by JBTX
Sun Apr 14, 2019 12:50 pm
Forum: Investing - Theory, News & General
Topic: Stocks will return about 4% annually over the next decade or so rather than the 10% average annual returns - John Bogle
Replies: 82
Views: 10009

Re: Stocks will return about 4% annually over the next decade or so rather than the 10% average annual returns - John Bo

If stocks return 4% and fixed income 2% to 2.5%, you have about a 3.25% average, less 2% to 2.5% inflation and you have a real return of the neighborhood of 1%. The best advice is be prepared for that scenario, you can always find things to spend more on if you have too much. I believe that the 4% ...
by JBTX
Sun Apr 14, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: keeping both stocks and bonds in tax deferred for rebalancing
Replies: 8
Views: 871

Re: keeping both stocks and bonds in tax deferred for rebalancing

If you are going to hold your stocks in taxable for many years without liquidating, or else deferring gains via tax loss harvesting, to an early retirement or other low income period when you have lower rates, having stocks in taxable may lead to a modest benefit. Otherwise in most circumstances it...
by JBTX
Sat Apr 13, 2019 4:25 pm
Forum: Investing - Theory, News & General
Topic: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")
Replies: 59
Views: 7999

ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")

Absolutely ridiculous. I can't stand these comments about "anti-Boglehead". There are MANY of us on the forum with good index portfolios that are composed of ETFs. Why would you be so insulting to the people here? Indeed. ETFs make way more sense to me than mutual funds. Advantages of ETFs: - Can b...
by JBTX
Sat Apr 13, 2019 4:08 pm
Forum: Investing - Theory, News & General
Topic: keeping both stocks and bonds in tax deferred for rebalancing
Replies: 8
Views: 871

Re: keeping both stocks and bonds in tax deferred for rebalancing

If you are going to hold your stocks in taxable for many years without liquidating, or else deferring gains via tax loss harvesting, to an early retirement or other low income period when you have lower rates, having stocks in taxable may lead to a modest benefit. Otherwise in most circumstances it ...
by JBTX
Sat Apr 13, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Roth 401(k) - Is this normal?
Replies: 35
Views: 1682

Re: Roth 401(k) - Is this normal?

I have a vanguard 401k from prior employer and they are commingled. The Roth amount isn't obvious unless you look for it in another screen.
by JBTX
Sat Apr 13, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use an existing Roth IRA with balance for Roth IRA conversion?
Replies: 4
Views: 337

Re: Should I use an existing Roth IRA with balance for Roth IRA conversion?

Does this still apply? https://www.google.com/amp/s/www.fool.com/amp/retirement/iras/2014/08/13/the-2-toughest-roth-ira-rules-explained.aspx A completely separate five-year rule applies when you convert money in a traditional IRA to a Roth IRA. Here, the rule says that until five years has passed af...
by JBTX
Sat Apr 13, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Advise on side gig w2 or independent contractor
Replies: 11
Views: 579

Re: Advise on side gig w2 or independent contractor

This is actually one case where even if the two jobs were paying the same, being an IC would pay more. A W-2 moonlighting employment will require 7.65% FICA be deducted. Since the SS maximum wage base have been reached in the primary W-2 employment. The SE self-employment will only require 2.9% SE ...
by JBTX
Sat Apr 13, 2019 2:08 pm
Forum: Personal Consumer Issues
Topic: Unique Hit and Run Situation
Replies: 29
Views: 3114

Re: Unique Hit and Run Situation

Based upon my experience in 2 different instances the insurance company is not going to go to a lot of effort chasing down unidentified third parties for claims a few thousand dollars or less. They'd just assume pay the claim and let you eat the deductible. It seems like it. I got hit on the street...
by JBTX
Sat Apr 13, 2019 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665460

Re: What's Your Credit Card Rewards Strategy?

It seems to me that the protections most people would care about are the zero liability protections in case of fraud etc. According to https://www.creditcards.com/credit-card-news/do-zero-liability-rules-apply-corporate-cards.php these rules generally apply to small business cards (but not corporat...
by JBTX
Sat Apr 13, 2019 1:51 pm
Forum: Personal Investments
Topic: Question on using Solo 401K for 2018 Tax Year
Replies: 6
Views: 533

Re: Question on using Solo 401K for 2018 Tax Year

It may actually be lower than 10% due to the 20% self employment deduction (which you may or may not be eligible depending on a lot of other factors.

On the flip side, would contributing allow you to take advantage of savers credit?

https://www.bogleheads.org/wiki/Saver%27s_credit
by JBTX
Sat Apr 13, 2019 1:45 pm
Forum: Personal Consumer Issues
Topic: Unique Hit and Run Situation
Replies: 29
Views: 3114

Re: Unique Hit and Run Situation

Based upon my experience in 2 different instances the insurance company is not going to go to a lot of effort chasing down unidentified third parties for claims a few thousand dollars or less. They'd just assume pay the claim and let you eat the deductible.
by JBTX
Sat Apr 13, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8444

Re: Buying a house next year. Wife wants a big house. Thoughts?

More house is more cleaning, more maintenance, more utilities, more taxes, often longer time to sell. I believe in minimizing housing as costs balloon quickly the bigger you get. Plus a bigger house will need more stuff to fill it up. Unlike the house the stuff doesn't not retain its value. I have ...
by JBTX
Fri Apr 12, 2019 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advise on side gig w2 or independent contractor
Replies: 11
Views: 579

Re: Advise on side gig w2 or independent contractor

Will she need additional liability or malpractice insurance if she is 1099?
by JBTX
Fri Apr 12, 2019 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8444

Re: Buying a house next year. Wife wants a big house. Thoughts?

More house is more cleaning, more maintenance, more utilities, more taxes, often longer time to sell. I believe in minimizing housing as costs balloon quickly the bigger you get. Plus a bigger house will need more stuff to fill it up. Unlike the house the stuff doesn't not retain its value. I have ...
by JBTX
Fri Apr 12, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665460

Re: What's Your Credit Card Rewards Strategy?

Your situation describes mine exactly. I went through all three chase business cards and it was all personal expenses. They have no way of knowing nor do they probably care. I've done this several other business cards. If the spend requirement is really large I may put property tax or estimated tax...
by JBTX
Fri Apr 12, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1224
Views: 122101

Re: [What TV Show Have You Recently Watched?]

Have you tried The 100 , on Netflix? I'm almost finished Season 3 and want to keep going. The plot is highly creative with a lot of twists, lots of action, sci-fi, and well produced. I went through several seasons a while back. I'm not sure if I'm caught up. I'll give it high marks for creativity i...
by JBTX
Fri Apr 12, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665460

Re: What's Your Credit Card Rewards Strategy?

This seems like a good place to ask this question. If it seems more appropriate for a new thread, the mods should feel free to move it. The Chase Ink Preferred is currently offering an 80K point sign-up bonus. I already have the Chase Sapphire Preferred card, so this sign-up bonus is very tempting....
by JBTX
Fri Apr 12, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8444

Re: Buying a house next year. Wife wants a big house. Thoughts?

More house is more cleaning, more maintenance, more utilities, more taxes, often longer time to sell. I believe in minimizing housing as costs balloon quickly the bigger you get. Plus a bigger house will need more stuff to fill it up. Unlike the house the stuff doesn't not retain its value. I have ...
by JBTX
Fri Apr 12, 2019 4:18 pm
Forum: Personal Investments
Topic: Are my 401k fees ridiculously high?
Replies: 32
Views: 2224

Re: Are my 401k fees ridiculously high?

What some people here either don't seem to know or talk about is some of these fees are there for the employer to defray administration costs. Some employers choose to eat these costs. Some employers don't. Sometimes the fees may also help offset the employer match. While there is nothing wrong with...
by JBTX
Fri Apr 12, 2019 4:07 pm
Forum: Personal Investments
Topic: Does a company 401k need a financial planner?
Replies: 32
Views: 1963

Re: Does a company 401k need a financial planner?

When spouses small company changed providers they went with vanguard Ascensus. Roughly the same size as OP in terms of employees. In addition we found a fixed fee advisor who specializes only in 401ks. Charges a flat fee, in this case $5000. He was there to talk to employees during rollout. He helpe...
by JBTX
Thu Apr 11, 2019 9:33 pm
Forum: Investing - Theory, News & General
Topic: Junk bonds undervalued due to boglehead popularity?
Replies: 47
Views: 4009

Re: Junk bonds undervalued due to boglehead popularity?

Anytime I've looked at it, it just doesn't seem like the modest increase in yield compensates long term for the material default risk. If the spreads were large enough I may consider it. Also having seen first hand companies with absolutely zero prospect for financial survival get loans at 13% just ...
by JBTX
Thu Apr 11, 2019 7:41 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1224
Views: 122101

Re: [What TV Show Have You Recently Watched?]

Kind of struggling to find things. Just went through one season of "the expanse" a Sci fi on Amazon. It is OK. It certainly isn't making me want to binge watch it. Went through 2 seasons of Banshee, almost turned it off 10 minutes into the first episode, but ended up finding it entertaining, in spit...
by JBTX
Thu Apr 11, 2019 6:07 pm
Forum: Personal Consumer Issues
Topic: supplemental dental& vision insurance plans
Replies: 12
Views: 858

Re: supplemental dental& vision insurance plans

It kind of makes sense dental or vision may not be of benefit without an employer subsidy. Only people who have dental work or significant eye expenses are going to apply. The policies are all capped. So the policy has to charge enough to cover the costs of an average applicant, plus administration ...
by JBTX
Thu Apr 11, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: The high cost of sound financial advice
Replies: 45
Views: 4841

Re: The high cost of sound financial advice

When asking around, don't use the term "Fee Only." That term means what it means, not what you want it to mean. Use a term like "Advice only", "Hourly advice only", "One-time consultation only", "Planning only", or something else that conveys the concept that you do not intend to pay anyone to mana...
by JBTX
Wed Apr 10, 2019 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 17366

Re: Bogleheads, why wont anyone hire me?

Applying for jobs on the internet is a waste of time. I've applied for hundreds, maybe thousands and barely gotten a response. Any job I've ever landed was due to: Recruiters (2) Contract (professional temp) 3 Direct networking 3 You are young and single, try moving to somewhere with a hot job marke...
by JBTX
Wed Apr 10, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5361

Re: Not much work at new megacorp job

I am in my early 40s and started a new job at a megacorp two years ago. Long story, short, I hardly have any work. I think the reason I was hired was the company is doing very well and had money to burn . I know folks are going to say to ask for more work but I can't get motivated by being busy doi...
by JBTX
Wed Apr 10, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 5361

Re: Not much work at new megacorp job

trustquestioner wrote:
Tue Apr 09, 2019 9:05 pm
The longer I go in my career, the more it is apparent basically nobody at huge companies is actually working very hard. It isn’t fair, but it’s all politics and relationships above a baseline of competence.
There is a good deal of truth in this.