Search found 716 matches

by ThriftyPhD
Fri Nov 09, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard closure last week
Replies: 21
Views: 4672

Re: Vanguard closure last week

Seriously, I don't understand why those unhappy with VG don't spend their time more productively by moving their accounts elsewhere as opposed to complaining. There are other solutions than simply leaving. If Vanguard is an otherwise good broker, but has something you don't like, doesn't it make se...
by ThriftyPhD
Fri Nov 09, 2018 12:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard closure last week
Replies: 21
Views: 4672

Re: Vanguard closure last week

Seriously, I don't understand why those unhappy with VG don't spend their time more productively by moving their accounts elsewhere as opposed to complaining. There are other solutions than simply leaving. If Vanguard is an otherwise good broker, but has something you don't like, doesn't it make se...
by ThriftyPhD
Wed Nov 07, 2018 7:12 pm
Forum: Personal Consumer Issues
Topic: How to Encrypt a Text file?
Replies: 53
Views: 3911

Re: How to Encrypt a Text file?

Depending on what you are actually trying to protect and how computer command line illiterate/savvy you are, I would reconsider the ask for a GUI on top of OpenSSL. The more layers of software you add (from potentially unknown sources, with unknown bugs or “features”), the more you are putting your...
by ThriftyPhD
Tue Nov 06, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: How to Encrypt a Text file?
Replies: 53
Views: 3911

Re: How to Encrypt a Text file?

Sorry, I can't really help you out. I'm far from an expert, so far I've used it rather sparingly, and everything I've done is from the command line. I've never used the GUI.
by ThriftyPhD
Tue Nov 06, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: How to Encrypt a Text file?
Replies: 53
Views: 3911

Re: How to Encrypt a Text file?

https://www.gpg4win.org/ This sounds interesting. gpg4usb looks similar and portable. So you just encrypt with your own public key (rather than someone else's as normally intended)? Where/how do you safely keep the private key? Yes, you could encrypt with your public key and decrypt with your priva...
by ThriftyPhD
Tue Nov 06, 2018 7:20 pm
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 50
Views: 3559

Re: Paper or Paperless? How and what financial records do you keep?

As 2018 is coming to a close I'm thinking about ditching this system and shredding it all and going to a paperless recordkeeping system. Something that is very easy but still maintains the records that I need. I did buy a Fujitsu ScanSnap last year that I mainly use for digitizing textbooks for wor...
by ThriftyPhD
Mon Nov 05, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Furnace Duct Cleaning-a high profit game?
Replies: 31
Views: 3346

Re: Furnace Duct Cleaning-a high profit game?

https://www.epa.gov/indoor-air-quality-iaq/should-you-have-air-ducts-your-home-cleaned Duct cleaning has never been shown to actually prevent health problems. Neither do studies conclusively demonstrate that particle (e.g., dust) levels in homes increase because of dirty air ducts. This is because m...
by ThriftyPhD
Sat Nov 03, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18283

Re: Vanguard website "unavailable during weekend of Nov 3"

But a single email in advance, that *would* have disturbed you? :annoyed ETA: Someone else just posted here that they didn't see any prior notice b/c they didn't log in prior to today. And there was NO NOTICE, just a "try going to the main Vanguard website" or clear cookies or whatever... :!: RM I ...
by ThriftyPhD
Sat Nov 03, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard website "unavailable during weekend of Nov 3"
Replies: 203
Views: 18283

Re: Vanguard website "unavailable during weekend of Nov 3"

Doom&Gloom wrote:
Sat Nov 03, 2018 5:10 pm
Remember the good old days when there were BH threads complaining about how clunky Vanguard's website is compared to Fidelity and Schwab?

Time sure flies. Seems like only yesterday.
That was when the website was up. I guess it's not a clunky website when it doesn't work at all. :D
by ThriftyPhD
Sat Nov 03, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: What FIRE says to me [Financial Independence, Retire Early]
Replies: 10
Views: 1113

Re: What FIRE says to me [Financial Independence, Retire Early]

Finally, I do see a certain amount of selfishness in FIRE, especially among those with kids who may be forced to live near the poverty line and not have role models that value hard work and sacrifice for the sake of the family. Yes, I have heard that spending time with the kids is worth more than m...
by ThriftyPhD
Sat Nov 03, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: What FIRE says to me [Financial Independence, Retire Early]
Replies: 10
Views: 1113

Re: What FIRE says to me

Much of what I've read about FIRE has focused almost completely on the FI (financial independence) rather than the RE (retire early) part of it. Once you have FI, you don't need to retire, but you can choose to take a potentially lower paying job that prevents you from sleeping well at night because...
by ThriftyPhD
Wed Oct 31, 2018 7:11 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12636

Re: Am I doing well financially?

I like to think I am doing well financially, but for my age, sometimes I feel like I am behind the curve when I read about some other posters' assets. I come from a lower class/lower middle class background and got my career started a little late due to being stuck in a podunk town for years after ...
by ThriftyPhD
Tue Oct 23, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check on International Fund Strategy (VTIAX, FZILX, FTIHX)
Replies: 3
Views: 461

Re: Sanity Check on International Fund Strategy (VTIAX, FZILX, FSKAX)

Perhaps instead of FSKAX you meant FTIHX (Fidelity® Total International Index Fund - Institutional Premium Class). This is a total market international roughly equivalent to VTIAX, and matches the 0.06% ER that you list. If that's the case, it's unclear what you're trying to do. Do you hold VTIAX in...
by ThriftyPhD
Tue Oct 23, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check on International Fund Strategy (VTIAX, FZILX, FTIHX)
Replies: 3
Views: 461

Re: Sanity Check on International Fund Strategy (VTIAX, FZILX, FSKAX)

VTIAX (Vanguard Total International Stock Index Fund Admiral Shares) and FZILX (Fidelity ZERO International Index Fund) are both fundamentally different than FSKAX (Fidelity® Total Market Index Fund - Institutional Premium Class). The first two are total market International. FSKAX, on the other han...
by ThriftyPhD
Sun Oct 21, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6042

Re: Pull kids from school for vacations?

B) Professions of all kinds are expected to deal with inconveniences that happen occasionally because of the actions of others. Your colleague goes on vacation and you’re on point. Someone’s on maternity leave so you inherit their projects for four months. Sure, and if your colleague takes more vac...
by ThriftyPhD
Sun Oct 21, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6042

Re: Pull kids from school for vacations?

I don't have kids in school so please enlighten me. When people say schools don't "allow" absences, what exactly does that mean? Do they like fine you or something? What authority exactly do they have to say no? I would think the kid would remember the vacation time and bonding time with family far...
by ThriftyPhD
Sun Oct 21, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6042

Re: Pull kids from school for vacations?

Not sure if this has already been mentioned, but another consideration is the burden this places on the teacher. A student taking a week off means make up tests, pre scheduled homework, delayed grading. When the student comes back, does the teacher have to take time to catch them up on what they mis...
by ThriftyPhD
Sat Oct 13, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: how to put different ETF in different accounts
Replies: 27
Views: 1199

Re: how to put different ETF in different accounts

- Projected saving: We're planning to invest about 100K annually into our DB, 20K to my 401K, 10K to my wife's 401K, and 20K monthly to our taxable account, 7K to our HSA account Is that really 20k monthly to taxable, or yearly? You repeat it later as monthly too. Is there a reason why you're putti...
by ThriftyPhD
Thu Oct 04, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13768

Re: Correlation between the FIRE movement and one of the greatest bull markets

I think the 2008 recession is also a factor. Millennials saw how quickly people can lose their jobs and have their career derailed. I hope to have the option of working until I'm ready to quit, but I'm aware that it might not be up to me.
by ThriftyPhD
Mon Oct 01, 2018 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Home Part of NW [Net Worth]
Replies: 98
Views: 6834

Re: Why is Home Part of NW [Net Worth]

Another reason why you should include your home value (and mortgage) when calculating net worth, in addition to it simply being the way to do it given the definition of net worth. If you ignore both home equity and liability, you might be tempted to play games such as a cash out refi to pull equity ...
by ThriftyPhD
Sat Sep 22, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Can salt water kill weeds permanently?
Replies: 18
Views: 2914

Re: Can salt water kill weeds permanently?

Also consider a propane torch. Might work well since you have gravel.
by ThriftyPhD
Sat Sep 15, 2018 5:28 pm
Forum: Personal Consumer Issues
Topic: Solar Install w/ SolarCity
Replies: 36
Views: 2622

Re: Solar Install w/ SolarCity

Balefire wrote:
Sat Sep 15, 2018 5:21 pm
Why is the generator deducted from the cost?
mmcmonster wrote:
Sat Sep 15, 2018 4:57 pm
We got the PowerWalls instead of getting a home generator and it acts as both generator and whole-house surge protection. Getting a similar propane generator would have cost us $15k (installed).
by ThriftyPhD
Tue Sep 11, 2018 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: 401K vs Taxable Brokerage Account
Replies: 17
Views: 1366

Re: 401K vs Taxable Brokerage Account

Lets look at it from this hypothetical perspective- If I invested $18500 in the same mutual fund in both a taxable account and a 401K for 30 years would one be higher than the other assuming no 401k match? The 401k would be higher. The taxable would have tax due every year from the dividend. Plus, ...
by ThriftyPhD
Mon Sep 03, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Placing a stop-loss order with vanguard
Replies: 29
Views: 2506

Re: Placing a stop-loss order with vanguard

... Nope. As long as we agree on the definition of a loss. If the price of any security goes up after you sell for any reason, you could consider it a "loss" since you could have held it a bit longer and gotten more for it. And I would still disagree. The purpose is to prevent you from losing even ...
by ThriftyPhD
Mon Sep 03, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5820

Re: Does it make sense to invest in individual stocks if you stick to what you know?

I mean suppose you're a doctor or a surgeon. The guy actively managing the big Fidelity fund will know much less than you about drugs and stuff like that; he will hold 50 or perhaps 100 stocks in his portfolio in all sorts of fields and he's an expert in none of them. Thanks to your specialised pro...
by ThriftyPhD
Mon Sep 03, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5820

Re: Does it make sense to invest in individual stocks if you stick to what you know?

It's a bad idea. The question you should ask is what do you know that the professionals in the market don't. The answer is NOTHING. I mean suppose you're a doctor or a surgeon. The guy actively managing the big Fidelity fund will know much less than you about drugs and stuff like that; he will hold...
by ThriftyPhD
Mon Sep 03, 2018 1:21 pm
Forum: Investing - Theory, News & General
Topic: Does it make sense to invest in individual stocks (like Kanye West) if you stick to what you know?
Replies: 110
Views: 5820

Re: Does it make sense to invest in individual stocks if you stick to what you know?

It's a bad idea. The question you should ask is what do you know that the professionals in the market don't. The answer is NOTHING. I mean suppose you're a doctor or a surgeon. The guy actively managing the big Fidelity fund will know much less than you about drugs and stuff like that; he will hold...
by ThriftyPhD
Sun Sep 02, 2018 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Fund a Roth IRA with balance transfer CC
Replies: 14
Views: 642

Re: Fund a Roth IRA with balance transfer CC

Hi all, Background: I am in my final year of residency and currently have a household income of ~$30,000. I have student loans that will total ~ $430,000. In one year when I graduate I estimate my income to be $250-300k.  Being that I am currently in a 0% tax bracket, I feel like it's a great oppor...
by ThriftyPhD
Sun Sep 02, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fund a Roth IRA with balance transfer CC
Replies: 14
Views: 642

Re: Fund a Roth IRA with balance transfer CC

You can always contribute to a Roth as well... for now at least, unless rules change someday. Look up "backdoor Roth". No need for the OP to do a ¨backdoor Roth.¨ With household income of ~$30K, he can go in the front door, and just contribute to a regular Roth IRA, assuming he is filing either MFJ...
by ThriftyPhD
Sat Sep 01, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Don't Look and Have A Doctor Waiting When You DO
Replies: 35
Views: 5829

Re: Don't Look and Have A Doctor Waiting When You DO

Something else to consider in a employer plan (401k/403b/etc). Often your employer will change the available funds, and one of the funds you're using might be taken away. There will be a default mapping, but it might not be what you want. Or there might not be a default mapping that makes sense and ...
by ThriftyPhD
Sat Sep 01, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 5227

Re: Will I ever sell Ibonds from 2001 - 3% fixed

I-bonds may be the preferrable type of bonds -- I'm not arguing against that point. However, with money you have no intention of ever needing, or plan to pass to heirs -- I would not hold bonds, I would reduce my bonds amount and buy more VTSAX. You're still not quite understanding. Let's put numbe...
by ThriftyPhD
Fri Aug 31, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Will I ever sell Ibonds from 2001 - 3% fixed
Replies: 78
Views: 5227

Re: Will I ever sell Ibonds from 2001 - 3% fixed

He's been doing a lot of that in this thread. He is clearly trolling. No not trolling. Pointing out contradictions being made. My only position is that stocks are likely better investments than I-bonds for the very long term 30+ years. I'm just engaging with people who disagree with that. I'm very ...
by ThriftyPhD
Sat Aug 25, 2018 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: rebalance when you have stock that hasn't vested?
Replies: 4
Views: 298

Re: rebalance when you have stock that hasn't vested?

In my opinion, until it vests it's not yours. So I wouldn't consider it part of your asset allocation.
by ThriftyPhD
Thu Aug 23, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Extra savings account for signing bonus?
Replies: 6
Views: 713

Re: Extra savings account for signing bonus?

which I'd hope didn't include whatever taxes were taken out! I'm not sure, but I think if you return it in the same year you were given the money, you wouldn't owe taxes on it. It would all work out correctly when you filed your taxes by being removed from your W2 income. I think the issue is if yo...
by ThriftyPhD
Wed Aug 22, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Extra savings account for signing bonus?
Replies: 6
Views: 713

Re: Extra savings account for signing bonus?

which I'd hope didn't include whatever taxes were taken out! I'm not sure, but I think if you return it in the same year you were given the money, you wouldn't owe taxes on it. It would all work out correctly when you filed your taxes by being removed from your W2 income. I think the issue is if yo...
by ThriftyPhD
Wed Aug 22, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]
Replies: 76
Views: 7381

Re: Graduate Degree Mistakenly (?) Conferred - What to Do? [solved]

When a university holds back a degree over something like an unpaid parking ticket, I never hear the moral argument. Which means that it's morally correct to hold back a degree that someone has earned (due to admin) but not ok to take advantage when admin works in your favor? (For disclosure, I don...
by ThriftyPhD
Wed Aug 22, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Extra savings account for signing bonus?
Replies: 6
Views: 713

Re: Extra savings account for signing bonus?

I don't think there is any drawback, but I think it's rather conservative. You should check your paperwork, but usually the repayment is only necessary if you voluntarily leave. If you're laid off, fired, or disabled you wouldn't have to pay it back (again, check your specific paperwork to confirm)....
by ThriftyPhD
Wed Aug 22, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Understand income Taxes
Replies: 9
Views: 1474

Re: Help Me Understand income Taxes

I would suggest you use the IRS Withholding Calculator.
by ThriftyPhD
Sun Aug 19, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put the first $5000
Replies: 24
Views: 1912

Re: Where to put the first $5000

Finally at the stage where I've saved my first $5000, getting ready to open a Vanguard Roth IRA. Ideally, I plan to rollover to VTSAX next year once I meet the $10,000 minimum. It's probably of small importance, but given my scenario, which fund would you choose for this first year? I'm currently d...
by ThriftyPhD
Sun Aug 19, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Young dentist seeking advice
Replies: 5
Views: 743

Re: Young dentist seeking advice

I honestly do not know what my earning potential would be if I were to purchase a dental practice of my own. Hard to make a decision without knowing this. What would your expenses be (lease, equipment, staff salary, accountant, ???), and what revenue would you expect (how many patients, what would ...
by ThriftyPhD
Sun Aug 19, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6716

Re: PCP Wants Full Charge Up Front

Of course there are probably other PCPs that don't do this so you can vote with your wallet if you don't like it. I wouldn't like it either, but I don't begrudge them for it, they probably have had difficulty collecting payment. One option if they're having trouble collecting payment from the insur...
by ThriftyPhD
Sat Aug 18, 2018 7:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Momentum ETF (VMOM). Any thoughts on it? [UK investor]
Replies: 27
Views: 1552

Re: Vanguard Momentum ETF (VMOM). Any thoughts on it? [UK investor]

Furthermore, if we look at the record since 12/31/2007, admittedly a specially-chosen endpoint and with only a bit more than ten years of data, you see that, specifically, performance in 2008-2009 was a serious problem. I don't know if this is an example of a "momentum crash." As usual, if we look ...
by ThriftyPhD
Sat Aug 18, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4976

Re: Advantages of I-Bonds vs CD ?

This point is independent of using I Bonds as part of your e-fund--I'm simply challenging the notion that the tax deferral is necessarily "a real boon", when compared to non-tax deferred, higher yielding TIPS. As I said, this has been analyzed at length in other threads, and my recollection of the ...
by ThriftyPhD
Thu Aug 16, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Boglehead Birthday Gift for 50th B Day - Fine Spirits
Replies: 29
Views: 2126

Re: Boglehead Birthday Gift for 50th B Day - Fine Spirits

Consider a personalized set of glassware. A couple examples: https://swankybadger.com/products/decanter-diamond?variant=29568008897 https://www.markandgraham.com/products/monogrammed-handblown-whiskey-decanter-tray/ This way, he'll remember the gift for longer, and there won't be an issue of trying ...
by ThriftyPhD
Thu Aug 16, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4976

Re: Advantages of I-Bonds vs CD ?

I didn't say anything about an emergency, nor did the poster whom I replied to. I was simply doing the math to compare to other 1-year alternatives, since that's what aristotelian said aristotelian did. I come to a different conclusion than aristotelian does. I was going by the OP which was asking ...
by ThriftyPhD
Thu Aug 16, 2018 6:54 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105867

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops: :sharebeer I haven't changed my opinion, but I have thought about WHY I have that opinion and reconfirmed my expectations and goals for my international choice. It's alwa...
by ThriftyPhD
Thu Aug 16, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4976

Re: Advantages of I-Bonds vs CD ?

The early withdrawal option on a 5-year CD purchased at a significant premium to a 5-year (nominal) Treasury gives the 5-year CD a pretty good inflation hedge, especially if the EWP is six months of interest or less. I've seen it mentioned that some (most?) banks require their consent before you ca...
by ThriftyPhD
Thu Aug 16, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of I-Bonds vs CD ?
Replies: 34
Views: 4976

Re: Advantages of I-Bonds vs CD ?

They are not liquid for the first year, so I compare them to 1 year CDs. Usually I Bonds come out ahead. You will lose 3 months interest if you cash out within 3 years. Otherwise the interest rate and tax advantage beats 1 year CD. Correction: you lose three months of interest if redeemed within fi...
by ThriftyPhD
Mon Aug 13, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 74
Views: 7810

Re: Marriage [How should finances be handled?]

Hi all, I will be getting married next month. Me and the fiancée are both investing and paying down student loans in accordance with the boglehead way. Now I am here for guidance as to what actions should be taken financially after marriage. Do we continue investing/saving/ paying down our student ...